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RENTAL AGREEMENT.

THIS RENTAL AGREEMENT (“Deed”) executed on the 10th day of JANUARY 2021 (“Effective
Date”) by and between
th
Mr. Litesh G S & Mr. JaiPrakash G S, both Residing at: #271, HSR Layout, 5 main, 16th
cross, 6th sector , Bangalore – 560 102 (hereinafter referred to as "the Lessor" which expression
shall, unless it be repugnant to the context or meaning thereof be deemed to mean and
include his successors-in-interest and assigns)

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Rep.by- Appanna S/o Thimma Rayappa,Residing at: Bairamangalam,
Krishnagiri Tamil Nadu - 635113 Ph- +91 70226 30367 , Aadhaar: 8553334844
(Hereinafter referred to as the “Lessee” which expression shall, unless it be repugnant to the
context or meaning thereof, mean and include its successors and assigns) of the OTHER PART, The
Lessor and the Lessee shall be hereinafter referred to collectively as the “Parties” and singly as “Party”.

WHEREAS

1. The Lessor is the sole, exclusive and absolute owner of the premises located at Property
no.191/1, Garve Bhavi Palya, Hosur Main Road, Bangalore- 560 068., admeasuring area 4200
sq.ft, more particularly described in the Schedule hereunder .
2. The Lessee herein being in need of the said Premises to be used for Running
Mobile Accessories and Flower Boutique business only in the manner described in the
Schedule hereunder, and has approached the Lessor and requested the Lessor to permit the Lessee
to occupy and use the said Premises on Rent basis in the manner and in accordance with the terms
and conditions set out and recorded hereunder.
3. The Lessor and the Lessee are desirous of setting out all terms and conditions of the Lease of
the Demised Premises through this Deed.

NOW THIS DEED WITNESSETH AND IT IS HEREBY AGREED BY AND BETWEEN THE PARTIES
HERETO AS FOLLOWS:

1(A) In consideration of the monthly rental and the covenants and conditions hereinafter contained,
the Lessor hereby grants to the Lessee and the Lessee accepts from the Lessor, all that
Demised Premises fully described in the Schedule I below and to hold the same unto the
Lessee during the Lease Period (defined hereinafter)

1(B) Lease Period and Renewal: This Agreement shall be effective from 20th day of Jan 2021
(“Effective date”) The Lease Period shall be a period of 11 Months from the Effective Date
And “Initial Lease Period” which is a Lock-in period of 6 Months during which neither party
can terminate the agreement. Lessor shall have the sole option to terminate this
Agreement with 2 (Two) month prior notice after the initial lease period.

2(A) Monthly Rental: The monthly Rent for the Lease Period shall be Rs.8,000/- (Eight
THOUSAND rupees only), subject to the faithful compliance and observance of the covenants,
conditions and stipulations on the part of the Lessor, to be observed and performed as
hereinafter appearing. The monthly rent shall be increased by 5% after the end of 11 (Eleven)
months period beginning from the “Effective date” herein above mentioned.

2(B) The monthly rent shall be paid on or before the 20th day of every month for which the
premises are to be used by way of account payee bank cheque or Account Transfer (NEFT) or UPI
transfer (GPAY,PhonePe) in favor of the Lessor as detailed above.

3. Refundable Deposit: The Lessee shall also deposit with the Lessor a sum of Rs.80,000/-
(Rupees Eighty Thousand Only), as Interest free refundable Deposit and details of payment are
as below:
1. 06/01/2021 CASH Received INR 80,000/- (INR 500 Rupee denomination)
4. Facilities at the Leased Premises: The Lessor shall provide amenities/ services/facilities to the Lessee
at the said Premises as per SCHEDULE.

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5. Compliance with Law: The Parties shall abide by all the applicable laws, rules and regulations
as may be applicable to the Demised Premises.

6. Condition of Demised Premises: The Lessor has delivered the Demised Premises to the Lessee
in good and habitable conditions and clean and free from building construction debris on the Effective
Date (includes painting of premises).

7. Maintenance responsibilities:
(a) Lessee’s repair and maintenance responsibilities: Except as provided in sub-Article (b)
below and reasonable wear and tear, the Lessee shall at its sole cost and expenses
repair and maintain the Demised Premises including electrical, plumbing, windows and
other systems etc., installed in the Demised Premises. The Lessee undertakes not to
cause any damage to the structure of the Demised Premises while carrying interior
design work or subsequently. The Lessee also undertakes not to store any
inflammable, hazardous materials, which may cause damage to the Demised
Premises.

(b) Lessor’s maintenance responsibilities: The Lessor shall carry out at their cost and
expense and shall keep the entire Demised Premises wind and watertight at all times,
for the proper operation of the Demised Premises including without limitation, the
buildings, window frames, roof, foundation, structure and walls, external plumbing
system and sewerage lines of the building.

8. The Lessee shall be liable to pay all outgoings such as water charges (Meter) 16 paise per
unit (Variable During Summer), electricity charges, telephone/Broadband/hot-line charges etc., in
respect of the Demised Premises directly to the authorities concerned.(Not applicable if there is no
water connection to premises)

9. The Lessee for themselves, their successors and assigns and to the intent that its obligations
may continue throughout the term hereby created, but not exceeding the Lease Period covenant with
the Lessor as follows:

a. To regularly pay to the Lessor monthly rent payable to them as aforesaid at the time
and in the manner aforesaid and to bear and pay all outgoings such as water charges
etc. directly to the authority concerned;

b. To pay all charges for the electricity consumed by the Lessee in respect of the Demised
Premises in accordance with the units of electricity actually consumed by the Lessee as
recorded in the meter installed for the purpose in respect of the Demised Premises;

10. The Lessor doth hereby warrants, declare and covenant with the Lessee that:

a. The Lessor has not done or omitted to do any act, matter, Deed or thing and shall not
do or omit to do any act, matter, Deed or thing whereby the Lease of the Demised Premises
granted hereunder shall become void or voidable or be affected in any manner or cancelled
or revoked or determined during the Lease Period;

11. The Lessor warrants and represents that he is the sole, exclusive and absolute owner of the
Demised Premises and has the right to grant the Demised Premises to the Lessee on Lease and
execute this Deed as per the terms and conditions contained herein and

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that the Lessor has complied with all the requisite compliance under the applicable
statutory provisions as also with all the applicable bye-laws and/or terms and conditions
of any Deed related to the Demised Premises. The Lessor also warrants and
represents that the Demised Premises are free from all encumbrances and there are no
litigations, liens, claims etc in respect of the Demised Premises, which will hamper the
possession and use of the Demised Premises by the Lessee.

c. The Lessor shall have no objection in the Lessee displaying the name board of the
Lessee and/or any of the affiliates, to sub-let the said premises to other tenants during
the lease period as mentioned hereunder on the said building.

11. During the Lease Period the Lessee shall have right:

(i) To carry out at the cost of the Lessee, any additional interior/exterior decoration work in
the Demised Premises so as to suit the requirements of the Lessee by erecting,
constructing and dismantling false ceilings, internal electrification for lighting, fans,
power points, intercom and computer systems, fire fighting and public address systems,
etc., in accordance with the municipal regulations as may be applicable thereto and the
Lessor shall execute/ cause to be executed all such Deeds, documents, applications,
writings, plan(s), etc., as may be required to be submitted to the municipal or other local
authorities in connection with such renovation. Provided however, that the Lessee shall
not carry out any structural changes in the Demised Premises or changes in the
external elevation of the Demised Premises without the prior written permission of the
Lessor;

(ii) Upon termination of this Deed the Lessee shall be absolutely entitled to dismantle,
remove and take away all the items of work, things, articles, equipments, installations of
the Lessee pursuant to the renovation work done by the Lessee in the Demised
Premises and re-deliver to the Lessor the Demised Premises in good order.

12. The Lessor hereby further covenants that on the Lessee performing and observing all the
covenants, conditions on the part of the Lessee hereinafter contained, the Lessee shall
peacefully hold and enjoy the Demised Premises for the entire Lease Period without any
interruption from or by the Lessor or by person or persons claiming under the Lessor in
whatsoever manner.

13. Termination: The non-defaulting Party shall have the right to terminate this Deed by giving
the defaulting Party a 2(Two) months written notice of its intention to so terminate for breach
of any terms and conditions of this Deed and where such breach, if curable is not cured
within one month of being so notified and diligently and in good faith continues to cure the
defect. Failure to pay undisputed monthly rent for three consecutive months and further
failure to pay the undisputed amount within 15 (fifteen) days of the receipt of the written
notice by the Lessee shall be considered as a breach of the terms and conditions of this
Deed.

14. Lessor’s remedies: In the event of any default by the Lessee, the Lessor may at any time after
the expiration of the applicable cure period:
Terminate the Lessee’s right to possession of the Demised Premises by lawful means, in which
case, this Lease and the term hereof shall terminate and the Lessee shall surrender
possession of the Demised Premises to the Lessor immediately. In such an event the Lessor
shall be entitled to recover from the Lessee all reasonable damages incurred by the Lessor by
reason of the Lessee’s default including without limitation to, the cost of recovering possession
of the Demised Premises, expenses re-letting including reasonable and necessary renovation

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and alteration of the Demised Premises, and any real estate commission actually paid and any
other sum of money charges and damages owed by the Lessee to the Lessor save and except
where the Lessee is prevented from handing over the schedule premises for reasons beyond
the Lessee’s control.

15. Any notice/letter required to be served, shall be served upon at the respective address as
mentioned above notice to the Lessee will be served to the premises only.

16. This Deed shall be governed by and construed in accordance with the laws of India and the
courts in Bangalore shall have exclusive jurisdiction over any matters arising out of this
Deed.

17. Amendment: Any amendment to this Deed shall not be effective and valid unless and until the
same is in writing and agreed by both the parties.

18. Waiver: No waiver of any provision of this Deed shall be valid unless the same is in writing and
signed by the Party against whom such waiver is sought to be enforced. A waiver or consent
given by either Party on any one occasion is effective only in that instance and will not be
construed as a bar to or waiver of any right on any other occasion.

19. It is hereby specifically agreed that in case the Demised Premises is sold/transferred by the
Lessor, such sale/transfer shall incorporate and abide by the terms and conditions of this Deed
and the Lessor shall ensure that the Lessee and its peaceful possession and use of the
Demised Premises is not affected. The Lessee hereby are authorized by Lessor to object to any
such sale/transfer which may affect the Lessee and its peaceful possession and use of the
Demised Premises.

20. Surrender of property: Upon expiration or termination of this Lease, the Lessee shall pay all
charges for Painting of interiors, consumption of electricity and water upto that date and at its
own expense remove the Lessee’s goods and effects and those of persons claiming under the
Lessee. Any property left in the Demised Premises after the expiration or termination of this
Lease shall be deemed to be abandoned unless specified by the Lessee and may be disposed
of by the Lessor as may deem appropriate.

This Deed, including all Annexures, Exhibits and Schedules (if any) attached hereto shall constitute
the entire Deed amongst the parties hereto. It shall supersede all prior or contemporaneous oral or
written communications, proposals, conditions, representations and warranties and prevails over
any conflicting or additional terms of any quote, order, acknowledgement or other communication
between the Parties relating to its subject matter during the term of this Deed.

Location Schedule:

Location of the Premises: Shop No.6,Ground floor


#191/1, Garvebhavipalya(GB
Palya) Bangalore - 560068

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Super Built-up Area (in Sq. ft.) Total: 80 sq.ft,

Payment Schedule :
1. 20th January 2021 to 20th December 2021 - Rs 8000 Per Month
2. 20th January 2022 to 20th December 2022 - Rs 8400 Per Month
3. 20th January 2023 to 20th December 2023 - Rs 9000 Per Month

IN WITNESS WHEREOF the parties have executed this Deed in duplicate on this the 15th day of
November 2020.

SIGNED AND DELIVERED SIGNED AND DELIVERED


for and on behalf of the LESSOR for and on behalf of the LESSEE

Mr. JAI PRAKASH G S


Rep.by- APPANNA
WITNESSES.

1.

2.

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