LEASE

This ​LEASE DEED​ is made on this the [date] day of [month], [year] at Bengaluru, Karnataka

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 BY AND BETWEEN

Sl. No Name W/o Aadhar No Address

represented by Mr. Sunitha V(which expression shall unless the context otherwise requires, mean and
include his/her legal heirs, successors, executors, administrators and permitted assigns) of the ​FIRST
PART​; (hereinafter referred to as the “​Lessor​”),

AND
M/S. SAMASTH LIVING PVT. LTD (“SETTL”), a company incorporated under the provisions of
the Companies Act, 1956 bearing U45400KA2019PTC129943, having its registered office at
No.262/501/32/132,Agara, HSR Layout Bangalore 560 102, hereinafter referred to as the “​Lessee”
(which expression shall, unless the context otherwise requires, mean and include its successors, executors,
administrators and permitted assigns) of the ​SECOND PART;

The Lessor and the Lessee are hereinafter individually referred to as the ​“Party” and collectively as the
“Parties”​, as the context may so require.

WHEREAS​:

A. The Lessor represents that he/ she is the absolute owner of the [Property Address] having
unrestricted right, title and interest thereto and entitled to lease the said property in favour of the
lessee, are more fully described in the “​Schedule​” herein below and are hereinafter referred to as
the “​Schedule Property​”;

B. The Lessee has approached the Lessor intending to take the schedule property on lease on such
terms and conditions as enumerated herein below, both Parties now desire to reduce the terms of
understanding in this regard into writing and hence this Lease Deed.

NOW THIS LEASE DEED FOR MUTUAL CONSIDERATIONS AND PROMISES

WITNESSES AS FOLLOWS:

1. GRANT OF LEASE

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1.1. In consideration of the Rent (​as defined in Clause 2 below)​ hereby reserved and to be paid by the
Lessee and the covenants to be performed and observed by the Lessee, the Lessor hereby grants
on lease to the Lessee and the Lessee hereby accepts on lease from the Lessor, the schedule
property.

1.2. The Lease has been granted to the Lessee to enable the Lessee to use the Leased Premises
exclusively for providing fully furnished rental accommodation and associated services to
prospective users for end use of residential purposes only. The Lessee shall be entitled to charge
end users such amounts as may be appropriate for provision of such services.

1.3. The Lessor shall hand over the possession of the fully furnished schedule property to the Lessee
after its representatives have conducted audit as per the ​Audit Report mentioned in the lease deed
and checklist at Annexure-B and are satisfied that the schedule property is fit for occupancy and
the certificate of handover at Annexure - C is handed over. In case, where the property is not fit
for occupancy as deemed by the lessee, the lease agreement will be forfeited and security deposit
shall be returned to the lessor (Please refer to clause 3.2). The Lessee shall have the uninterrupted
possession during the term of this lease commencing from the date of signing of the handing over
certificate by both the parties (hereinafter referred to as “ ​Lease commencement date​”).

1.4. The Lessor represents to the Lessee that the schedule property shall be handed over to the lessee
on/before [Date]. In case of delay of 30 days the Lessee shall have the option of terminating the
lease without notice to the Lessor. However, upon mutual discussion, the Lessee shall grant
additional time of 15 days to hand over the schedule property and all the expenses incurred during
such period shall be deducted from the payout to the Lessor.

1.5. Tenure: The lease deed shall be valid for a period of 5 years from the date of commencement.
Thereafter, if the Lessee intimates the Lessor 60 days in advance of its intention to renew the lease
for a term of 11 months and if the Lessor fails to confirm the same within 60 days from the date of
intimation, this lease shall be deemed to be renewed for such term.

1.6. Lock-in: This lease shall not be terminated by the Lessor during the term of the lease for
whatsoever reason. For the lessee, the lock-in will be for a period of 12 months. During the said
period, the Lessee can terminate the lease by paying the rent for the remaining months in the
lock-in period.

2. RENT AND COMMERCIALS

2.1. The Lessee shall pay a monthly rent in respect of the Leased Premises for the entire Term of this
Lease (hereinafter referred to as the ‘​Rent​’). The Lessee shall follow the English calendar month
for the purpose of payment of Rent and all other charges payable under this Lease Deed.

2.2. Further, the parties have agreed to no minimum rent period of 2 months for the purpose of
carrying out promotion of the schedule property coming into effect on the date of signing of the
handing over certificate. The Lessor and the Lessee shall be entitled to 80% and 20 % of the
contribution respectively.

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2.3. The rent and all such payments due to the Lessor under this deed shall be payable in the
percentage mentioned below.

Sl. Name Percentage Bank account details Pan Number

N
o.

2.4. The Lessee’s obligation to pay Rent to the Lessor shall commence only after expiry of the period
mentioned in clause 2.2 and after the certificate of handover at Annexure-C has been signed by
both the parties. The amounts payable to the Lessor shall be post-paid after the deduction of TDS.
The minimum guarantee shall be paid on the 10th of every month and the profits shall be paid on
the 15th of every month to the registered bank account of the Lessor. In case of non-payment of
minimum rent amount within the stipulated time, lessee is entitled to pay penalty at the rate of
eighteen percent (18%) per annum for such delay from the date of it becoming due till the date of
realisation subject to there not being any dispute pertaining to the minimum rent amount payable.
Both parties have agreed that no taxes apart from the TDS deducted will be applicable on the rent
per prevailing norms in the country.

2.5. The Lessor is entitled for the 80% of the contribution margin and the lessee is entitled for the
remaining 20%. The contribution margin shall be arrived at after deducting operating expenses
(defined in Annexure-A) from the total amount collected from the residential end users under a
separate agreement.

2.6. The Maintenance and upgradation reserve to be utilised towards the requirements enumerated
under Annexure-A i.e. 3 % of the monthly rental collection and the same shall be deducted from
the contribution margin and reconciled at the end of every year and settled at the end of lease term
proportionately .

2.7. The Lessee shall be responsible for the upkeep of the amenities listed in Annexure-B. In case of
repair/replacement of such amenities, the Lessee shall be liable for repair/replacement and the
expenses incurred for the replacement. If the Lessee fails to rectify the same and/or replace, the
expenses incurred for the repair/ replacement will be deducted from the rent payable to the
Lessor.

2.8. The Lessee assures the Lessor of Minimum rent amount of ​Rs.XXXX (XX) for X <Unit > i.e. Rs.
X per <Unit> which shall be payable to the Lessor irrespective of the occupancy of the schedule
property. The Lessee shall be entitled to the higher of the minimum rent amount and the rents
collected except as under clause 4.1.2.

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2.9. The parties herein agree that the aforesaid clause and the lock-in period shall not be applicable
incase of any construction, alteration, repair of the approach road, including any other construction
activity, or any situation which makes it difficult for the lessee to operate the property to
prospective end users. If the said defaults remain unrectified, the Lessee shall be entitled to
terminate the lease by giving a 30 days notice to the Lessor.

2.10. Electricity and Water: ​Subject to the provisions of this Lease Deed, the Lessor shall provide
sufficient electricity and sump water capacity of X Liters. The Lessee shall be liable only to pay
for the consumption of electricity at the residential/commercial rate even though the Lessor has
temporary connection, Further all the units to be fixed with individual smart energy meters

2.11. All other present and future outgoings pertaining to the land and building, cesses, taxes including
property tax and other municipal taxes, rates and other applicable charges together with all
increases thereto shall be the sole responsibility of the Lessor and any default by the Lessor to pay
such taxes or other mandatory outgoings shall entirely be the liability of the Lessor. However, in
case of any such default, the Lessor shall indemnify the lessee pertaining to the losses caused to the
business of the lessee due to such default. The Lessee shall not, unless otherwise set out in this
Deed be required to pay any other or further amounts to the Lessor or to any other person under
any circumstances for enjoying the benefits under this Deed.

2.12. The Lessor and Lessee have agreed upon the operational costs required for operation and
maintenance of the scheduled property during the term of the lease. The various heads under
the operational expenses are as listed under the Annexure-A to this deed. The lessor shall bear
50% of water tanker costs in case of no adequate water in the building and the remaining 50%
will be part of operational expenditure.

3. SECURITY DEPOSIT

3.1. The Lessee shall pay a sum of Rs XXXXX (XXXX) as interest free refundable security deposit
(‘​Security ​Deposit​’) with respect to the Lease. The security deposit has been paid by the Lessee by
way of cheque in the manner mentioned below. The Lessor shall reimburse the Security Deposit
on the expiry or earlier termination of this Lease, simultaneously with the handing over of the
possession of the Leased Premises by the Lessee.

INSTALLMENT DESCRIPTION & PERIOD AMOUNT

1 At the time of Signing XXXX

2 At the time of handing over of the schedule XXXX

property to the Lessee

3 At the end of no minimum rent period XXXX

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 TOTAL XXXX

3.2. The Lessor shall return the security deposit paid by the Lessee simultaneous with the audit and
handing over of the schedule property. In case the Lessor fails to return the security deposit, the
Lessee shall be entitled to interest at the rate of eighteen percent (18%) per annum for such delay
from the date of it becoming due till the date of realisation. Without prejudice to the rights of the
Lessee to claim interest on the Security Deposit, the Lessee shall be entitled to any other right
available to it under law for recovery of the Security Deposit. Further, the Lessee shall be entitled
to continue to use the schedule property without payment of any Rent or other charges whatsoever
until the Security Deposit is refunded to the Lessee. The Lessor shall be deemed to have given his
consent to such occupation. The lessee shall paint, clean & repair the entire scheduled property
along with the fittings before handing over the property to the lessor.

4. REPRESENTATIONS AND WARRANTIES

4.1. The Lessor hereby makes the following representations and warranties to the Lessee recognizing
and acknowledging that the Lessee has in reliance of these representations and warranties entered
into this Lease Deed:

4.1.1. The Lessor is the absolute and lawful owner of the Schedule Property and the schedule
property as mentioned hereinabove and subject to what is stated in this Lease Deed, there is
no restriction, obligation or liability which prevents the Lessor from (i) executing this Lease
Deed (ii) providing the schedule property on lease to the Lessee (iii) putting the Lessee in
possession and occupation of the schedule property (iv) and which prevents the Lessee from
occupying, using and enjoying the schedule property for carrying on its business in terms of
this Lease Deed.

4.1.2. The schedule property has been constructed in accordance with the plan and there are no
pending notices, show cause or otherwise, that may have been issued to it by any municipal
or other authorities alleging violation of the applicable building bye-laws. Any such notices
or charges arising will be borne by the Lessor only. In case of loss of business to the Lessee
as a result of such notice or charges, the Lessor shall not be entitled to minimum rent
amount for such period.

4.1.3. Permanent electricity and sewerage connections have been provided to the Building
comprising the Leased Premises. The Lessor shall provide ​42 KVA automatic diesel
generator for the exclusive use of the Schedule property. Prior to the Lessor taking
possession of the Schedule Property, the Lessor shall service the diesel generator and
handover the same to the Lessee in working condition along with the service reports. In
case, the sewerage connection is not provided already by the Lessor, the same shall be
provided by the Lessor at his risk and costs.

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 4.1.4. The Lessor shall ensure that any major repairs and changes to the Leased Premises including
the purchase of any asset required for the lessee to maintain the revenue guarantee as may
be necessary shall be attended to at its own cost within 3 working days of written
communication to the lessor, failing which the Lessee shall be entitled without being obliged
to attend to the same and recover the cost thereof from the Lessor either by deducting the
same from the Rent payable to the Lessor or otherwise.

4.1.5. Property taxes and electricity charges and all other outgoings in respect of the schedule
property up to the date of execution of this Lease Deed have been properly remitted and
there are no dues as on this date of the Lease Deed. If any demand for the period aforesaid
is made by any governmental agency/ies, the lessor shall be liable to comply with the notice.

4.1.6. There is no existing, threatened or pending litigation in respect of the Leased Premises that
in any manner whatsoever affects the purpose of this Lease or the occupation, use and
enjoyment of the Leased Premises by the Lessee in terms of this Lease Deed.

5. LESSOR’S OBLIGATIONS

5.1. The Lessor shall provide all necessary co-operation to the Lessee, as may be reasonably required
and expected of a lessor to enable the Lessee to carry on its business at the schedule property
including providing necessary infrastructure to the Lessee to promote the schedule property and
allow the prospective tenants to visit the schedule property. The Lessor shall also make
arrangements for the Lessee to set up mock room to promote the schedule property and the same
shall be provided 30 days earlier to the handover of the Schedule Property in favour of the Lessee.
In case of delay, the minimum guarantee is not payable during such period. .

5.2. The Lessor shall provide all necessary support, co-operation and authorization so that the schedule
property and the surrounding areas including the landscaping, if any, are maintained as per the
requirements and standards of the Lessee and shall not do any such acts/deeds that may disrupt
the aesthetics of the Leased Premises.

5.3. Subject to the payment of the Rent hereby reserved and the observance and performance of the
covenants contained herein, the Lessor shall ensure that the Lessor or any other person, shall not
under any circumstances, disturb the Lessee’s business, possession and enjoyment of the schedule
property and the Lessor shall not do any act in derogation of this Lease Deed and shall ensure that
there is no obstruction or objection to the use of the schedule property by the Lessee.

5.4. The Lessor shall co-operate with the Lessee by executing all necessary documents and doing such
acts, deeds and things to enable the Lessee to avail of any governmental concessions or benefits
pertaining to its operation at the schedule property.

5.5. The Lessor shall ensure that any major repairs and changes to the Leased Premises as may be
necessary shall be attended to at its own cost, failing which the Lessee shall be entitled without

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 being obliged to attend to the same and recover the cost thereof from the Lessor either by
deducting the same from the Rent or other charges payable to the Lessor or otherwise.

5.6. The Lessor shall ensure that the fire safety and electrical audit is completed before the lease
commencement date to the Lessee. The Lessor shall provide the Lessee with the copy of the report
of such audit before the lease commencement date. If the audit raises any concerns about the fire
safety and electrical condition of the schedule property, the Lessor shall be liable to rectify the
same before the lease commencement date.

5.7. Without prejudice to the generality of the above, it is specifically understood between the Parties
that the Lessee shall not, unless expressly set out herein, be required or obliged to pay any charges,
rates or rents in respect of any of the services that the Lessor is required to render to the Lessee,
unless otherwise agreed to.

5.8. The Lessor shall provide the Lessee with all underlying documents such as electricity bills and bills
for any other utility services in the building to enable Lessee to make payment of only actual cost
of such services used by the Lessee.

5.9. During the subsistence of the term of this Lease or any renewal thereof, the Lessor will be entitled
to sell, transfer, charge, encumber or otherwise dispose of the Premises in any manner whatsoever.
The transfer of the Schedule Property by the Lessor shall however not affect the leasehold rights of
the Lessee in the Leased Premises. The Lessee shall have the in regard to the schedule property.

5.10. The Lessor shall obtain appropriate written documents from such transferees stating that they shall
step into the shoes of the Lessor, that they unconditionally agree to the terms and conditions of
this Lease Deed and that they acknowledge that the Security Deposit paid by the Lessee to the
Lessor shall be deemed to be paid to them and that they agree to repay the same to the Lessee in
terms hereof and that they shall ensure that the Lessee shall continue to use the Leased Premises
during the remaining term of the Lease. The Lessee will attorn the tenancy in favour of the new
owner/s subject to issue of such letter by the transferee.

5.11. The Lessor shall provide the Lessee the encumbrance certificate pertaining to the schedule
property.

6. LESSEE’S RIGHTS AND OBLIGATIONS

6.1. The Lessee, its employees and invitees shall have unimpaired access to and use of the schedule
property at all times.

6.2. The Lessee shall, subject to complying with its obligations under this Lease Deed be entitled to
quiet and peaceful possession and enjoyment of the schedule property and all easements, rights and
advantages appurtenant thereto including the common areas such as entrances, passageways etc.
during the Term of the Lease, free from any interference, objections, evictions, claims,

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 interruptions and demands whatsoever by the Lessor or any government authority or any person
whether claiming through, under or in trust for the Lessor or otherwise.

6.3. The Lessee shall be entitled, at its own cost and responsibility to install any furniture, fixtures, false
ceilings, wooden and other ​partitions, fittings, machines or equipment of any size, dimension
or capacity, electrical and communication appliances, processing equipment, networking
and communication equipment, dish antenna /VSAT terminal, generator sets, material
handling equipment, necessary staff, manpower, background verification of tenants ​and
such other items that may be necessary for the Lessee for the smooth operation of its business
which do not involve any significant change to the Leased Premises, which equipment shall remain
the property of the Lessee only. No prior permission/consent of the Lessor shall be necessary for
such acts except where such acts involve a significant change to the Leased Premises in which
event the consent of the Lessor shall be sought.

6.4. On the expiry or earlier termination of the Lease and at the time of vacating the Leased Premises,
as aforesaid, the Lessee shall be entitled to remove and take away, at its option, all or any of its
equipment, fittings, fixtures etc. except for fit outs and fixtures of a permanent nature that amount
to tenant improvements (“​Tenant Improvements​”) as may be specified as and when such
improvements are made without causing any structural damage to the Leased Premises, normal
wear and tear excepted.

6.5. The Lessee shall maintain the Leased Premises in good condition, subject to normal and reasonable
wear and tear and the Lessor shall not be responsible for any loss to the schedule property during
the Term of the Lease. Without prejudice to the foregoing, in the event of any further damage
caused to the Leased Premises on account of such actions of the Lessee, normal wear and tear
notwithstanding, the Lessee shall keep the Lessor indemnified in this respect of such damages and
in the event of any default by the Lessee, the Lessor shall be entitled to adjust the cost of such
damages from the Security Deposit. In furtherance of the same, the Lessee agrees to carry out the
necessary maintenance, repair, painting, replacement of electrical and other fittings as and when
required at his own cost.

6.6. The Lessee shall, anytime during the Term of the Lease, be entitled to offer the whole or part of
the Leased Premises together with the car parking spaces (if any) to any other third party with
consent from the lessor. Notwithstanding, the Lessee shall continue to be responsible to the
Lessor, towards payment of the Rent and fulfillment of other obligations under the Lease Deed.
The Lessee shall provide particulars of the proposed residential end user to the Lessor and inform
the Lessor of the proposed transaction between the Lessee and the proposed end user and obtain
prior written approval for such transaction from the Lessor. In this regard, the Lessor undertakes
that it shall not unreasonably raise any objection to the proposed end user of the Leased Premises
together with the car parking spaces, by the Lessee, to any third party.

6.7. The Lessee shall be permitted to park its vehicles in the premises comprising the schedule
property. No additional payment shall be necessary for use of parking space.

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7. INDEMNITY

7.1. The Lessor shall indemnify and keep indemnified the Lessee against any loss or damage suffered by
the Lessee by reason of any act, deed or omission of the Lessor or arising out of or due to any
adverse action by the municipal corporation or other local authorities, any misrepresentation by the
Lessor, breach of the terms and conditions stated in this Lease Deed by the Lessor and in relation
to claims arising out of the title of the Lessor to the schedule property. Similarly, the Lessee shall
indemnify and keep indemnified the Lessor against any loss or damage suffered by the Lessor by
reason of any act or deed or omission of the Lessee resulting in breach of the terms and conditions
stated in this Lease Deed.

8. FORCE MAJEURE

8.1. Failure on the part of either Party to perform any of its obligations shall not entitle the other Party
to raise any claim against the other Party to the extent that such failure arises from an event of
Force Majeure. If through Force Majeure the fulfillment by either Party of any obligation as set out
in this Agreement will be delayed, the period of such delay will not be counted on in computing
periods prescribed by this Agreement.

8.2. Any Party failing to perform its obligations under this Agreement because of Force Majeure shall
give notice in writing to the other Party of such Force Majeure as soon as possible after the
occurrence

8.3. Force Majeure includes any war, civil commotion, strike, governmental action, lockout, lockdown,
accident, epidemic, pandemic or any other event of any nature or kind whatsoever beyond the
control of the Parties that directly or indirectly hinders or prevents the Parties from commencing
or proceeding with consummation of the obligations as contemplated hereby. It is agreed between
the Parties that lack of funds shall not in any event constitute or be considered an event of Force
Majeure.

8.4. Any party hereto who fails because of Force Majeure to perform its obligations hereunder will
upon the cessation of Force Majeure, take all reasonable steps within his power to resume with the
least possible delay of compliance with his obligations. If the condition of Force Majeure shall
continue for a period exceeding 30 (thirty) days, then the Parties shall meet to decide upon the
future performance of the Agreement. If the Parties are unable to agree upon a plan for future
performance then the Agreement shall be terminated upon notice of either party to the other, on
the 30th (thirtieth) day after the notice is served. No maintenance payments shall be due during any
such period of interruption

9. TERM AND TERMINATION

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9.1. The duration of the Lease shall be initially for a period of 5 years (‘​Term​’) commencing from the
Lease Commencement Date unless renewed in accordance with Clause​ ​9.4​ ​ below.

9.2. The Lease shall be terminated under all or any of the following circumstances, namely:

9.2.1. Without cause by the Lessee, after giving three (3) month’s written notice to the Lessor
expressing its intention to terminate the Lease Deed.

9.2.2. In the event at any time of any default by the Lessor in complying with its obligations
under this Lease Deed or any of the representations or warranties being found to be or
becoming false, incorrect or inaccurate and the same affects the interest or rights of the
Lessee, the Lessee shall, if the default is by its nature capable of being remedied, be
entitled to issue a notice to the Lessor setting out the default and requiring the Lessor to
rectify such default within twenty one (21) days of receipt of such notice, failing which
the Lessee shall be entitled to terminate the Lease by issuing a further notice of seven (7)
days to the Lessor. However, in case the Lessee is remitting the minimum guarantee for a
period of 3 months after the expiry of the lock-in period, the Lessee shall terminate the
lease deed upon giving one months’ notice to the Lessor.

9.2.3. By the Lessor only in the event of non-payment of Rent and other charges by the Lessee
for a period of two (2) consecutive months, provided the Lessor has given the Lessee
two months’ notice of such breach and the Lessee has failed to rectify such breach within
the notice period and for no other cause during the term of this Lease Deed.

9.2.4. Where the Leased Premises or any part of it is severely damaged or destroyed due to any
unforeseen circumstances or civil commotion, act of God etc. and these damages be not
restored by the Lessor as detailed under Clause 8 or if the Leased Premises are acquired
or requisitioned compulsorily by any government authority.

9.3. After the expiry of the term of this Lease, this lease may be renewed by way of extension letter to
be signed by both the parties. If the parties agree to include fresh terms and conditions regarding
rents, security deposit and other conditions that will be mutually agreed to between the Lessor and
the Lessee, then the Parties shall enter into a separate lease deed in this regard.

9.4. Subject to the provisions of Clause 6.4, the Lessee shall deliver back the possession to the Lessor in
accordance with the checklist provided at Annexure B simultaneously with the refund of the entire
Security Deposit of the Leased Premises immediately upon the expiry of the Term or on earlier
termination, if any, in good structural condition subject to normal wear and tear.

9.5. Upon expiry/ termination of the term of lease, the Lessor and Lessee shall engage third party
auditors to inspect the schedule property who shall examine the condition of the schedule property
and suggest repair/ maintenance work/s. The Lessor and the Lessee shall obtain quotes from
vendors of their choice and the Lessor shall be liable to supervise the repair/ maintenance work/s

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 and/or execution of such other work/s to be handed over to the Vendor whose quote is agreed
upon to be reasonable by the Lessor and the Lessee.

10. GOVERNING LAW AND JURISDICTION

10.1. This Lease Deed shall be governed by the laws of India, and the courts of Bengaluru shall have
exclusive jurisdiction with respect to any dispute arising hereunder.

11. MISCELLANEOUS

11.1. Inspection​: The Lessor or his authorized agent shall be provided access at all reasonable business
hours for periodical inspection of the Leased Premises, upon giving twenty-four (24) hours’ prior
notice to the Lessee, regarding the said inspection. Provided that the Lessor shall ensure that he or
his authorized agent shall not cause any inconvenience to the operations of the Lessee during such
inspection.

11.2. Survival​: ​In the event of termination or expiration of this Lease Deed for any reason, any
provisions of this Lease Deed that by their nature should survive termination of this Lease Deed
will survive termination of this Lease Deed, unless contrary to the pertinent provisions herein
stated.

11.3. Registration​: The parties shall register the lease deed within 4 months from the date of execution.
The stamp duty, registration fees and other incidental expenses that will be incurred towards the
registration of the lease deed shall be equally shared by the parties.

11.4. Multiple Counterparts​: This Lease Deed may be executed in several counterparts, all of which
taken together shall constitute one single Lease Deed between the Parties.

11.5. Interpretation; Neutral Construction​: The section and subsection headings used herein are for
reference and convenience only and shall not enter into the interpretation hereof. The Parties to
this Lease Deed agree that this Lease Deed was negotiated fairly between them at arm’s length and
that the final terms of this Lease Deed are the product of the Parties’ negotiations. Each Party
warrants and represents that it has sought and received legal counsel of its own choosing with
regard to the contents of this Lease Deed and the rights and obligations affected hereby. The
Parties agree that this Lease Deed shall be deemed to have been jointly and equally drafted by
them, and that the provisions of this Lease Deed therefore should not be construed against a Party
or Parties on the grounds that the Party or Parties drafted or was more responsible for drafting the
provision(s).

11.6. No Waiver​: No delay or omission by either Party hereto to exercise any right or power occurring
upon any noncompliance or default by the other party with respect to any of the terms of this
Lease Deed shall impair any such right or power or be construed to be a waiver thereof. The terms
and conditions of this Lease Deed may be waived or amended only in writing or mutual agreement

12
 of the Parties. A waiver by either of the Parties hereto of any of the covenants, conditions, or
agreements to be performed by the other shall not be construed to be a waiver of any succeeding
breach thereof or of any covenant, condition, or agreement herein contained (whether or not the
provision is similar).

11.7. Entire Agreement​: Each Party to this Lease Deed acknowledges that this Lease Deed and the
Schedule(s) hereto, constitutes the entire agreement of the parties with regard to the subject
matters addressed in this Lease Deed, that this Lease Deed supersedes all prior or
contemporaneous agreements, discussions, or representations, whether oral or written, with respect
to the subject matter of this Lease Deed, and that this Lease Deed cannot be varied, amended,
changed, waived, or discharged except by a writing signed by all Parties hereto. Each Party to this
Lease Deed further acknowledges that no promises, representations, inducements, agreements, or
warranties, other than those set forth herein, have been made to induce the execution of this Lease
Deed by said Party, and each Party acknowledges that it has not executed this Lease Deed in
reliance on any promise, representation, inducement, or warranty not contained herein.

11.8. Severability​: If any term or provision in this Lease Deed is held to be either illegal or
unenforceable, in whole or in part, under any enactment or rule of law, such term or provision or
part shall to that extent be deemed not to form part of this Lease Deed, but the validity and
enforceability of the remainder of this Lease Deed shall not be affected.

11.9. Unenforceability​: If any provision of this Lease Deed or any word, phrase, clause, sentence, or
other portion thereof should be held to be unenforceable or invalid for any reason, then provided
that the essential consideration for entering into this Lease Deed on the part of any Party is not
unreasonably impaired, such provision or portion thereof shall be modified or deleted in such
manner as to render this Lease Deed as modified legal and enforceable to the maximum extent
permitted under applicable laws.

11.10. Notices​. Any notice required or permitted to be given to the Parties hereunder shall be by way of
email.

If to the Lessor:
Attn:
E-mail:

If to the Lessee
Email: ​support@thesettl.com

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 SCHEDULE

[Description of the Leased property]

ALL THAT PIECE AND PARCEL of the property {.} and bounded as follows :

East by : [*]
West by : [*]
North by: [*]
South by: [*]

IN WITNESS WHEREOF, the Parties have caused this Lease Deed to be signed and delivered by their
duly authorized agents, all as of the date stated above.

LESSOR​: LESSEE:

__________________________ __________________________
​ Lessor Authorised Signatory
M/s. Samasth Living Pvt. Ltd.

WITNESSES:
1. 2.

___________________________ ___________________________
Signature Signature:
Name: Name:
Address: Address:

Annexure-A
(​Details of the operating expenses)​

14
 Sl. Category Head of expenses
No.

1. Laundry · Property linen.

2. Food · Common kitchen;

· Pantry units;
· Commercial kitchen

3. Water ·RO water system;

·
Supply water;
· Solar water heaters.
· Water tanks.

4. Electricity · Main power;

· Backup power.

5. Network · ISP;
· Firewall;
· Maintenance;
· Separate ISP.

6. Security · Manpower;
· Maintenance.

7. Housekeeping · Manpower;
· Consumables.

8. Deep cleaning · Fumigation;

· Pest control;
· Water tank cleaning.

9. Painting · Repainting Façade;

· Repainting common area.

15
 10. Linen · Bedsheets;
· Pillow covers;
· Curtains;
· Doormats.

11. Fire extinguisher · Unit;

· Refills.

12. Gardening · Manpower;

· Water supply.

13. Waste
management

14. AMC & Repairs · Air conditioner;

· Elevator;
· Generator;
· Solar water heater/ Geyser;
· RO Water system;
· Refrigerator;
· Other appliances.

15. General
Maintenance
charges (GMC)

16. Other repairs · Plumbing;

· Electrical;
· Carpentry.

17. Furniture
Polishing

18. Entertainment · Cable TV;

· Netflix;
· Amazon Prime.

16
 19. Community space · General maintenance;
· Part replacement.

20. Gym

21. Yoga

22. Sports · Badminton/ Volley Court;

· Basketball;
· Table tennis;
· Tennis court;
· Running track.

23. Gaming area · Graphic;

· Board & Indoor.

24. Residential End ·

Registration;
Use · Documentation;
· Background verification of the residents.

25. Office · Payrolling;

· Staff accommodation;
· Staff welfare;
· Travel expenses;
· Property Mobile;
· Printing & Stationery;
· Shipping, freight & Delivery;
· Staff attire.
· Property specific marketing

17