LEASE DEED CUM RENTAL AGREEMENT

THIS LEASE DEED is made at Rathinamangalam. Melakottaiyur, Chennai on 3rd

August, 2019:
By & Between
Tagore Educational Trust having its office at No.29, Tilak Street, TNagar, Chennai
Tamil Nadu and represented herein by its Chairperson Prof. Dr.M. Mala

Hereinafter jointly referred to as the LESSORS (which expression shall unless repugnant
to the context mean and include their legal heirs, legal successors assigns, nominees and
representatives etc.) of the One part
TO AND IN FAVOUR OF
Jerusalem Educational Trust having its registered office at No.25, Mahalingapuram,
Chennai, Tamil Nadu and represented by its Chairman V.P.Murugesh.
Hereinafter referred to as the LESSEE (which expression shall unless repugnant to the
context of meaning thereafter be deemed to mean and include their permitted assigns and
representatives etc.) of the OTHER PART.
WHEREAS
A. The LESSORS represent and warrant that:
The LESSORS are the absolute owners and in possession of the building having a
built up area of Entire Ground Floor 9900 Square Feet, in in First Floor 5100 Sq.Feet
and totally 1500 square feet in MBA Building, Survey no. 165 A/5A, 165 A/4A
within the limits of Rathinamangalam village, Melakottaiyur post, Chennai, Tami
Nadu 600127, bounded on North by Pharmacy College, South by Tagore
Engineering College Main (admin) Building, west by Tagore Engineering college
compound wall and east by Play Ground. (hereinafter called as the Scheduled
Premises/Leased Premises)
B. The LESSEE has approached the LESSOR, on the basis of the aforesaid
representation and warranties of the LESSORS, to give on lease basis the use and
occupation of the LEASED PREMISES and the LESSORS have acceded to the said
request of the LESSEE to grant to the LESSEE a lease to use the LEASED
PREMISES for the period, at the Lease rent or compensation and on the terms and
conditions hereinafter contained
NOW THIS LEASE DEED WITNESSETH AND IT IS HEREBY AGREED BY AND
BETWEEN THE PARTIES HERETO AS FOLLOWS:

1. GRANT OF LEASE AND TERM OF THE LEASE:

That in consideration of the monthly lease rent as provided herein and the other
covenants herein contained, the LESSORS hereby grant the LEASE to the LESSEE
for the LEASED PREMISES for a period of 11 (Eleven) Months commencing from
1st August, 2019 (hereinafter referred to as the "Lease period"). This Lease tenure
would carry a Lock in Period of 10 months, commencing from the commencement
date.

2. CONSIDERATION:
2.1 The LESSEE shall pay the LESSORS for the Lease period a monthly lease rent Rs
1,50,000/- (Rupees one Lakh fifty thousand only ) (subject to deduction of tax at
source) per month excluding service Tax (hereinafter referred to as “Lease Rent”)
 calculate at the rate of Rs.10/- (Rupees Ten only) per square feet of the built up
chargeable area of the LEASED PREMISES, due and payable by 15th of Next
calendar month for the respective month according to English calendar by a crossed
account payee demand draft / cheque or bank transfer to the LESSORS's designated
bank account for the LEASED PREMISES. The Lease rent of the LEASED
PREMISES shall commence from-August 2019.

3. COSTS TO BE BORNE BY THE LESSEE

In addition to the payment of the Lease Rent as aforesaid, the LESSEE shall during
the Lease period bear and pay:
3.1 The charges for consumption of electricity in accordance with the separate meters
installed therein during the continuance of the LEASE, incurred in relation to the
LEASED PREMISES while the LESSEE is in occupation. The LESSEE shall make
the aforesaid payments promptly as per the reading of the meter installed by the
LESSOR in accordance to the prevailing actual rate of TANGEDCO (Tamil Nadu
Generation and Distribution Corporation Ltd.)
3.2 G.Service Tax on all current and future applicable charges and any other Taxes, if
applicable.
3.3 The LESSEE shall bear the Stamp Duty payable in respect of this Lease Deed.
However, each Party shall bear and pay the professional costs of their respective
consultants and legal advisors.

4. COSTS TO BE BORNE BY THE LESSORS:

The LESSOR shall during the lease period bear and pay:
4.1 All current and future Property & municipal taxes payable with respect to the Leased
Premises owned by Lessor.

5. LESSORS COVENANTS:
The LESSORS hereby covenant with the LESSEE as follows:
5.1 That on the LESSEE paying the monthly lease rent herein reserved on the dates and
in the manner stated herein and on the LESSEE observing and performing the
 conditions, covenants and stipulations on its part herein contained, the LESSEE shall
enjoy the LEASED PREMISES as a LEASE during the term hereby granted without
any hindrance by the LESSORS or any person or persons lawfully or equitably
claiming or to claim by, through, from, under or in trust for the LESSORS or
otherwise howsoever.
5.2 That the outstanding dues, if any, payable in respect of the LEASED PREMISES, up
to the date before the execution of these presents is the sole responsibility of the
LESSORS.
5.3 That the LESSORS hereby represent, warrant and assure the LESSEE that the
LESSORS have a good and valid power and authority to grant this LEASE to the
LESSEE and to arrive at all suitable arrangements in respect of the LEASED
PREMISES or pertaining thereto and all consents, permissions and approvals as may
be necessary in law or otherwise for the purpose thereof.
5.4 The LESSORS, within the period of this agreement shall permit the LESSEE, with
the prior written consent of the LESSOR to install or fix additional temporary
fixtures in the LEASED PREMISES, as per the LESSEE's requirements, provided
these additions / modifications are not permanent structural changes / permanent in
nature, for the better use of the LEASED PREMISES by the LESSEE, entirely at the
cost and expenses of the LESSEE and the LESSEE shall be entitled to remove all
such additional moveable assets whilst vacating the LEASED PREMISES upon the
expiry or sooner determination of the LEASE or at any time during the subsistence of
the lease.
5.5 The LESSORS shall not sell, transfer, charge, mortgage, encumber, deal or otherwise
dispose of the LEASED PREMISES so as to cause any breach of or to adversely
affect the rights of the LESSEE under this LEASE DEED and WHEREAS in case
the LEASED PREMISES are sold / transferred / mortgaged by the LESSORS in full
or in part / parts and notified, it shall be expressly subject to the terms and conditions
of this LEASE DEED and this LEASE will in no way be affected. The LESSEES
hereby confirm that they have no right to object to any such sale/ transfer / mortgage,
so long as none of the terms of this Lease are affected and so long as the Lease and
peaceful occupation of the LESSEE in respect of the LEASED PREMISES is not
 affected. It will be sufficient to notify the LESSEE regarding the sale transfer
/mortgage effected and their consent to LESSORS right to such sale / transfer /
mortgage is hereby given. Such sale / transfer / mortgage can be effected as and when
notified by the LESSORS.
5.6 The LESSORS shall arrange for necessary repairs in respect of any structural
damages, and other facilities within 10 days of such defects being notified by the
LESSEE to the LESSORS, provided the same are not caused by any misuse on the
part of the LESSEE and are outside the purview of the internal general repairs and
maintenance in respect of the LEASED PREMISES

6. LESSEES COVENANTS
6.1 The LESSEE shall be entitled to affix its nameplate in the in the earmarked space
provided in the Schedule Property, and further that the LESSEE shall be entitled to
display its name and logo in the earmarked space in such manner as it deems fit at the
entrance to and within the LEASED PREMISES.
6.2 That the LESSEE declares that they have taken all the necessary statutory
permissions required to hire the LEASED PREMISES under the law and that they
would keep the LESSORS fully indemnified in this respect.
6.3 The LESSEE shall use the LEASED PREMISES only for Educational purposes.
6.4 That the LESSEE paying the rents herein reserved and observing the other terms and
conditions on their part herein contained, shall peacefully possess and enjoy the
LEASED PREMISES and all other rights herein without interruption or interference
from the LESSORS. The LESSORS shall duly observe and perform the obligations
on their part herein contained and shall extend all their co-operation to enable the
LESSEE to fulfill the terms and conditions and obligations on their part It is also
understood that on vacation of the LEASED PREMISES under this LEASE, the
LESSEE will clear all the dues of the LESSORS towards rent electricity, etc or any
other charges as aforesaid in Clause 4 payable to the LESSORS by the LESSEE,
under these presents, without any demur or delay, till the date of handing over the
possession of the LEASED PREMISES to the LESSORS.
6.5 The LEASED PREMISES shall be used only by the LESSEE and they shall not
assign, transfer, mortgage, sublet or transfer possession in any manner whatsoever,
any portion of the LEASED PREMISES, without informing and taking prior written
permission of the LESSORS.
6.6 At the time of renovating refurbishing, decorating installing any equipment,
furniture, machinery, partition, false ceiling etc. for using the LEASED PREMISES,
full regard will be paid by the LESSEE to Fire Safety laws, rules and procedures,
both in letter and spirit, all other statutory regulations.
6.7 That the LESSEE shall not use the LEASED PREMISES or permit the same to be
used for purposes other than the purposes sanctioned by the Government / Competent
Authority or in deviation of the terms and conditions of these presents, nor shall it be
used for any purpose which may or is likely to cause nuisance or annoyance to the
neighboring occupiers not for any illegal or immoral purposes.
6.8 That the LESSEE shall not at any time demolish or cause to be demolished the
LEASED PREMISES or any part thereof. no case should any structural change take
place in the LEASED PREMISES without the prior written permission of the
LESSORS.
6.9 That the LESSEE will at the time of vacating the LEASED PREMISES remove all
the machinery and moveable assets without causing any damage to the LEASED
PREMISES. All movable assets which can damage the interiors of the LEASED
PREMISES brought in by the LESSEE will be removed at the time of vacation of the
LEASED PREMISES.
6.10 That the LESSEE shall not store in the LEASED PREMISES any goods of
hazardous, inflammable, explosive or combustible nature that may cause risk by fire,
explosion or goods/ material which on account of their nature, may cause damage to
or endanger the safety of the people or the Shed/building.
6.11 The LESSEE shall maintain the said LEASED PREMISES at their own cost and
keep the LEASED PREMISES clean and tidy.
6.12 That the LESSEE shall permit the LESSORS or their agents with or without
workmen to enter into and upon the LEASED PREMISES or any part thereof at all
reasonable times after two days prior written notice for the purpose of examining the
 state and condition, and if necessary for repairing any part of the LEASED
PREMISES and keep in order and good condition.
6.13 That the LESSEE shall not do or suffer to be done in or upon the LEASED
PREMISES anything which may be or become a nuisance, annoyance or cause
damage or inconvenience to the LESSORS or impair the right, title and interest of the
LESSORS of the LEASED PREMISES.
6.14 The LESSEE shall keep and maintain the LEASED PREMISES, in good condition as
on the date hereof (except reasonable wear and tear).
6.15 The LESSEE shall indemnify and keep indemnified the LESSORS, from and against
all actions, suits and proceedings and all costs, charges, expenses, loss and damages
which may be incurred or suffered by or caused to or sustained by the LESSORS by
reason of any act breach, default, contravention, non- observance or non-performance
(or any industrial accident) of any of the terms and conditions contained in this
LEASE DEED by the LESSEE.
6.16 The LESSEE shall not demand for any additional Construction work required to be
done in the Leased Premises, from the LESSOR and same shall carry out by the
LESSEE at its own Cost.

7. NOTICES
Any notice and other communications provided for in this Lease Deed shall be in
writing and shall be first transmitted by facsimile / electronic transmission, and then
confirmed by postage, prepaid registered airmail or by nationally recognized courier
service in the manner as elected by the Party giving such notice to the following
addresses:
(a) In the case of notices to the LESSORS:
Address : Tagore Educational Trust
No.29, Tilak Street,
T Nagar,
Chennai,
No : 044-28174455
Attn : Prof.Dr. M. Mala
 (b) In the case of notices to the LESSEE:
Address : Jerusalem Educational Trust
No.25, Mahalingam street,
Mahalingapuram,
Nungambakkam,
Chennai - 600034,
Tamilnadu
Tel No : 044-28174455
Attn : Mr.V.P.Murugesh.

8. TERMINATION:
The LESSEE and LESSOR shall not terminate the LEASE DEED and vacate the
LEASED PREMISES during the initial lease period of 10 (ten) Months (Lock in
Period), except specifically under circumstances upon breach on the part of the
LESSORS of any of the covenants explicitly undertaken hereinabove. After the
expiry of the initial period of 3(three) Years of lease, the LESSEE will have the
option to terminate this Lease Deed during the Lease period and vacate the LEASED
PREMISES after giving a written notice of 3 (three) months in advance or after
paying 3 (three) months' rent in lieu thereof. Up on the expiry of the Initial period of
3 Years (Three years), the parties can extend the lease for further period with the
mutual consent of the LESSOR and LESSEE. LESSOR can terminate the LEASE, if
the LESSEE fails to pay the rent in two consecutive months from the date on which
the rent became due.

9. MISCELLANEOUS PROVISIONS:
9.1 TENANCY
9.1.1 It is agreed and confirmed that except for the LEASE granted hereunder, this Lease
Deed is not intended to, and nothing herein or in the conduct of the Parties hereto
shall be construed to confer any other right title or interest in the LESSEE whether as
tenants or otherwise to the LEASED PREMISES or any part thereof, save and except
the permissive right to use the LEASED PREMISES as LESSEES, and the LESSEE
 hereby agrees and undertakes not to make any such claim.
9.1.2 That it is agreed between the LESSORS and the LESSEE that the lawful title of the
LESSORS will not be challenged or disputed by the LESSEE when it comes to any
proceeding with regard to eviction or recovery of rent or mesne profits.
9.2 POSSESSION
The physical possession of the LEASED PREMISES is hereby handed over to the
LESSEE and the LESSEE hereby acknowledges receipt of the same.
9.3 AMENDMENTS
No modification or amendment to this Lease Deed and no waiver of any of the terms
or conditions hereto shall be valid or binding unless made in writing and duly
executed by all the Parties hereto.
9.4 PARTIAL INVALIDITY
If any provision of this Lease Deed is held to be invalid or unenforceable to any
extent, the remainder of this Lease Deed shall not be affected and each provision of
this Lease Deed shall be valid and enforceable to the fullest extent permitted by law.
Any invalid or unenforceable provision of this Lease Deed shall be replaced with a
provision that is valid and enforceable and most nearly reflects the original intent of
the unenforceable provision.
9.5 GOVERNING LAW / JURISDICTION
That in case of any dispute with regard to this LEASE DEED, the same shall be
subject to the jurisdiction of Courts at Bangalore and Indian Law shall be applicable.
9.6 ARBITRATION
If during the subsistence of this LEASE or at any time thereafter, in relation to a
period when the LESSEE were in possession any differences disputes or question
shall arise between the parties thereto or any of their representatives touching this
Lease Deed or the account or transaction thereof or the construction meaning or
effect of this Lease Deed or anything herein contained or the rights or liabilities or
obligations of the parties hereto including relating to the liability or obligations of the
LESSEE to vacate the LEASED PREMISES on the expiry of the term hereby
granted, then every such dispute, difference or question shall be referred to the
ARBITRATION of three arbitrators one each to be appointed by the parties hereto
 and the third to be jointly nominated by the two arbitrators so appointed and their
award will be governed by the provisions of the Arbitration and Conciliation Act
1996, for the time being in force or any amendment thereto. The Arbitration
proceedings will be held only in Bangalore.
9.7 FORCE MAJEURE
9.7.1 The LESSORS shall not hold the LESSEE responsible or liable for any damages to
the LEASED PREMISES from fire (unless the fire has occurred due to negligence
of the LESSEE, riot, earthquake, storm, war, civil disturbances and other conditions
over which the LESSEE shall have no control. The LESSEE shall not hold the
LESSORS responsible or liable for any damages to the furniture's, fixtures,
appliances, etc. installed by the LESSEE within the LEASED PREMISES,
resulting from fire (unless the fire has occurred due to negligence of the LESSORS),
riot, earthquake, storm, war, civil disturbances and other conditions over which the
LESSORS shall have no control and the LESSEE shall at their own cost and
expenses take up reasonable insurance of the furniture, fixtures, equipment etc.,
installed in the LEASED PREMISES in that behalf.
9.8 Counterparts
This Lease Deed shall be executed in duplicate.
 SCHEDULE
All that part and parcel of the LEASED PREMISES comprising of a Building with
RCC Roof Entire Ground Floor 9900 Sq. Feet & First Floor 5100 sq. feet of Total
15000 Sq. Feet situated at property bearing Survey No:165A/5A, 165A/4A within
the limits of Rathinamangalam, Melakottaiyur post, Chennai, Tamilnadu bounded on
North Pharmacy college, South Tagore Engineering College Main Building, West by
Tagore Engineering College Compound Wall and East by Play Ground.
IN WITNESS WHEREOF the Parties hereto have hereunto set and subscribed
their respective hands the day and year first hereinabove written.

SIGNED AND DELIVERED for and on SIGNED AND DELIVERED for and on
behalf of the LESSORS behalf of the above named LESSEE,

Prof.M.Mala Mr. V.P.Murugesh

In the presence of :-
1. Dr.M.Ramalingam, Director,
Jerusalem College of Engineering,
Velachery Main Road, Narayanapuram,
Pallikaranai,
Chennai - 600100
2.