LAND LEASE AGREEMENT

The undersigned below:

Name : ……………………………

Place/Date of Birth : ……………………………

Occupation : ……………………………

Address : ……………………………

ID card number/Passport : ……………………………

Citizenship : ……………………………

In this case acting on behalf of himself, hereinafter referred to as the FIRST PARTY

Director name : ……………………………

Passport Number : ……………………………

Citizenship : ……………………………

Company Name : ……………………………

Address of company : ……………………………

In this case acting on behalf of oneself hereinafter referred to as the SECOND PARTY -
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The parties explain in advance: -----------------------------------------------------------------

1. That the FIRST PARTY is the most fully entitled and the legal owner of a plot of
land with ownership rights described in SHM No……../……. Village, located at
Jalan …………, and, with an area of ……… square meters, registered in the
name of ………………………………….. with boundaries:
 North : ………………….
South : …………………
East : …………………..
West : ………………….
And hereinafter referred to as LAND.

2. That the FIRST PARTY will lease the above-mentioned LAND to the SECOND
PARTY with an area of ……. M2 or part of the land owned by the First Party
covering an area of …….. square meters, which is explained in a separate
drawing signed by the First Party and the Second Party. Furthermore, the parties
explained that this LAND lease was carried out and accepted with the terms and
conditions set forth in 10 (ten) Articles, as follows:

ARTICLE 1 TERM
1. These leases are entered into and received for a period of …. (21) years, starting
from ……… 20... and ending on ……….. 20…..
2. After the said period ends, the SECOND PARTY is given the priority right to
extend the lease period, the SECOND PARTY must notify the FIRST PARTY in
writing, not later than ………….., 20,….

ARTICLE 2 RENTAL PRICE

1. The land rental price is set at Rp. …………. (……………) per year or Rp.
……….- (…………….) for the entire rental period and the money will be given by
the SECOND PARTY to the FIRST PARTY simultaneously with the signing of
this Agreement as a token of payment of the entire amount of the rental fee.
2. THE FIRST PARTY will provide a separate proof of receipt of money to the
SECOND PARTY in the form of a sufficiently stamped receipt.
3. The FIRST PARTY during this lease period is absolutely not allowed to take
additional rent from the SECOND PARTY by submitting any pretext or reason
whatsoever.
ARTICLE 3 HANDS OF LAND
1. At the time of this agreement, the FIRST PARTY handed over the LAND to the
SECOND PARTY.
2. THE SECOND PARTY accepts the surrender of the LAND according to the real
conditions on the day of the handover.

ARTICLE 4 USE OF LAND

1. THE SECOND PARTY has the full right to use the LAND he rented under this
agreement for settlements/dwellings/villas, on the responsibility of the SECOND
PARTY and by taking into account and complying with all applicable legal
regulations.
2. THE SECOND PARTY is obliged to maintain the LAND he leases as well as
possible at the SECOND PARTY's own costs or maintenance costs.

ARTICLE 5 TRANSFER OF LEASE

During the validity period of this agreement, the SECOND PARTY is allowed to lease
back part or all of the LAND it leases to a THIRD PARTY, without the need to obtain
written permission from the FIRST PARTY.

ARTICLE 6 TAXES, FEES AND COLLECTIONS

All kinds of taxes, fees and money levies related to the above LAND are subject to the
following provisions:

1. Since before until the time when this agreement was signed, it is still the
obligation and responsibility of the FIRST PARTY.
2. After the signing of this agreement and so on, it becomes the obligation and
responsibility of the SECOND PARTY.
3. Acts or actions that violate the law committed by the SECOND PARTY are fully
the responsibility of the SECOND PARTY.

ARTICLE 7 OBLIGATIONS OF HEIRS

This agreement does not end because one of the parties dies, but will remain hereditary
and must be obeyed by the heirs or recipients of the rights of each party.
ARTICLE 8 INFRINGEMENT OR CHEATING
1. If one of the two parties commits fraud or violates and does not comply with this
agreement, then the following rules will apply: If the SECOND PARTY violates or
does not comply with this agreement, the FIRST PARTY has the right to ask for
this agreement to be cancelled.
2. If the FIRST PARTY violates or does not comply with this agreement, the FIRST
PARTY is obliged to provide or pay compensation to the SECOND PARTY.

ARTICLE 9 SETTLEMENT OF DISPUTES

1. Matters that have not been included in this agreement will be discussed and
resolved amicably through deliberation to reach a consensus by both parties.
2. If a dispute occurs and cannot be resolved amicably or by deliberation to reach a
consensus, both parties agree to settle it legally and both parties have agreed to
choose a common and permanent place of residence at the Registrar's Office of
the XXX District Court.

ARTICLE 10 CLOSING
This land lease agreement was drawn up in 2 (two) copies and signed by both parties in
…………., ………. on ……… 20… where each party is conscious and without coercion
or pressure from any party, attended and signed by the Witnesses and known by the
…….. Dusun (Kadus)/Head of Neighbourhood and Village Head.

FIRST PARTY SECOND PARTY

………………………. ……………………

Director of ………. Land Owner

Witness 1 Witness 2

[ ] [ ]

Know:

…………. (Kadus)/Head of Environment Head of Village