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ORIX Auto Infrastructure Services Ltd.

Schedule No _____________ forming part of Master Lease Agreement #_____ dated ________

Sr. Other terms and conditions governing Lease of Vehicle as described herein by ORIX Auto Reference of
No Infrastructure Services Limited (the Lessor) to M/s Nokia Solutions and Networks India Private specific Article
Limited (the Lessee) No of MLA

1 Description of Vehicle Hyundai I10 Grand 1.1 Magna Diesel 1.1.18

Manufacturer Hyundai 1.1.18

___________
Model & Type I10 Grand 1.1 Magna Diesel 1.1.18

Lessee
Engine Number 1.1.18
Chassis Number 1.1.18
Registration Number 1.1.18

(will be filled in by the Lessor upon


Allotment from RTO)

2. Location Ahmadabad 1.1.20

3 Contracted Months 48 months 1.1.2

4 Commencement Date of Lease 1.1.3

___________
5 Security Deposit NA 1.1.19 & 4

Lessee
6 Lease Value 1.1.9 & 2.3

7 Lease Management Fee NA 1.1 & 2.4

8 Interest on Advance The Lessee shall pay interest on advance @ 18 % per annum on 2.4A
the payment made to the seller.

9 ORR NA 1.1.13

______

Lessee
_____
10 Rentals Rs 13336/- per month for the contracted months 2.9.1

11 Type of Rental Fixed 2.9.2

12 Late Payment Charges 18 % p.a. 2.11.1


13 Cheque Dishonour Charges Rs. 500/- per incidence

14 Terms of Insurance Cost of Insurance (all years) to be borne by the Lessor and 2.7.1(d)
Lessee to reimburse the cost.

Lessee’s Sign
ORIX Auto Infrastructure Services Ltd.

15 Premature Termination Amount (a) Upon occurrence of events specified in Article 2.16.1 or 2.19.1
2.16.2

(i) Book Value + Outstanding Rentals + Taxes – Market


Value

OR

(ii) Where Contracted Months are of 48 months and Lessee


desires to terminate the Lease prematurely by sending notice as
specified in Article 2.16.2, then notwithstanding anything
mentioned in (i) above, the Lessee may surrender the Vehicle
by paying Premature Termination Amount which shall be
equivalent to 3 (Three) months Rentals provided :

 Lease Period of 36 months have expired; and


 Vehicle has not exceeded 20,000 Kms in a
year (Kms Cap) during a period of 12 months

_____________
within the Lease Period. Kms Cap shall be
calculated pro-rata if it is used for less than a
period of 12 months within the Lease Period;

Lessee
and
 The Vehicle is NEW and NOT manufactured
by either Mitsubishi or Skoda or Fiat or
Hindustan Motors or Renault;
 The ex-showroom cost of the Vehicle does not
exceed Rs 15,00,000/-
 Vehicles transferred from one branch to
another will not continue in the return option
if at all agreed at the start of contract.

(b) Upon occurrence of events specified in Article 2.16.3

Book Value + Outstanding Rentals + Taxes – Insured Settled


Value..

Sr. Other terms and condition of Lease Reference of


No specific Article
No of MLA
16 Fleet Management Service
Maintenance: NA 3.1

Insurance Disallowance: NA 3.4

Replacement Vehicle: NA 3.5


Towing Services: NA 3.6

Provision of Chauffeur: NA 3.7

17 Special Conditions

SIGNED AND DELIVERED by the within named Lessor by the hand SIGNED AND DELIVERED by the within named

of its Authorised Signatory Mr. Mr.Vikas Ramani Lessee by the hand of its Authorised Signatory

Mr.Abhishek Sharma

Lessee’s Sign

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