LEASE DEED

This Lease deed (the “Lease Deed”) made on this 18th day of November 2023 by and
between:

1. BHDC Bank (“Lessee”), Corporate Identification Number-

L01631KA2010PTC096843, a banking company incorporated under The Company
Act, 2013, having its corporate office at 123, BHDC House, Nariman Point, Mumbai-
400001; and

2. ABC Realty Pvt. Limited (“Lessor”), Corporate Identification Number-

K01631LA55310BDC096843, a company incorporated under The Company Act,
2013 and having its registered office at GG Mall, Sector 14, Sonipat- 131001.

The Lessor and the Lessee are hereinafter collectively referred to as “Parties” and
individually as “Party”.

WHEREAS

A. The Lessor is a Private Company, incorporated within the Companies Act 1956,
engaged in the construction and operation of multiple commercial spaces in and
around the National Capital Region of Delhi.

B. The Lessee is a Private Banking Company, incorporated under the Companies Act,
1956 and is primarily engaged in the grant of housing development loans to
individuals and businesses alike.

C. On or about the date hereof, the Lessor and the Lessee have entered into the said
Lease Agreement, pursuant to which the Lessor has, among others, granted to the
Lessee, the right to occupy, maintain, develop, construct, upgrade, modernize, finance
and manage the said Leased Premise, in accordance with the terms and conditions set
forth therein.
D. To effectuate and in accordance with the Lease Deed (hereinafter defined), the Parties
propose to be governed under the said Lease Deed as on and after the Commencement
Date.

The Parties agree as follows:

1. DEFINITIONS & INTERPRETATIONS

1.1 Definitions: As used in this Lease Deed, the terms defined in the preamble
have the meaning ascribed to them, and the following terms have the corresponding
meanings:

1.1.1 “Lease Deed” means this Lease Deed and Annexures attached to it.
1.1.2 “Business Days” means days of the week excluding Saturday, Sunday,
and bank holidays in the state of Haryana.
1.1.3 “Commencement Date” means the date of signing of this Lease Deed
and the date the performance of this Lease Deed commences, i.e.
October 18, 2023.
1.1.4 “Due Date” means the 10th of every month.
1.1.5 “Good Condition” means condition in which the Leased Premise was
handed over to Lessee by Lessor, except the alterations as permitted by
Lessor in Clause 8.3 specifically (and Clause 8, Lessee’s Obligations,
in general), subject to normal wear and tear.
1.1.6 “Initial Term” means the initial 10 (ten) years of this Lease Deed.
1.1.7 “Leased Premise” means ground floor, GG Mall, Sector 14, Sonipat,
131001.
1.1.8 “Normal Circumstances” means a situation where no party has
breached the terms of the Lease Deed.
1.1.9 “Official Email” means the email addresses of the Parties, as
mentioned below:
(a) Lessee: bhdcbank@gmail.com
(b) Lessor: abcrealty@gmail.com
 1.1.10 “Renewed Term” means the additional or extended period after the
expiry of this Lease Deed subject to Clause 3 (Renewal).
1.1.11 “Rent” means Rs. 5,00,000/- payable every month and is subject to an
increase of 10% every year. In case of renewal of this Lease Deed, an
increment will be there in accordance with the terms specified under
Clause 3.1 (Renewal).
1.1.12 “Security Deposit” means a deposit of Rs. 60,00,000/- (equal to
twelve months’ Rent), and the same is subject to increase in case of
renewal, in accordance with Clause 5.6.
1.1.13 “Written Notice” means a notice sent by either party via email only,
on the Official Email of the Parties.
1.1.14 “Parties” means Lessor and Lessee of this Lease Deed.
1.1.15 “Lock-in-Period” means a period up to three years from the
Commencement Date and as stipulated in Clause 2.2
1.1.16 “Wrongful Termination” means an exercise of termination right that
is not in accordance to the terms and conditions of this Lease Deed

1.2 Interpretations: In this Lease deed, the rules of interpretation are as follows:
1.2.1 Headings to the clauses are used for convenience only and do not
affect the interpretation of this Lease Deed.
1.2.2 The use of “must” denotes a condition.
1.2.3 The use of “shall” denotes a covenant.
1.2.4 The use of “may” denotes discretionary authority.

2. TERM

2.1 The Initial Term will start from the Commencement Date and will continue for
a period of 10 (ten) years until 18th October, 2033, subject to termination as
per Clause 11 (Termination and Remedies).
2.2 Both the Parties agree not to terminate the Lease Deed during the Lock-in-
Period that is three years from the Commencement Date.
2.3 In the event Lessee communicates in writing to the Lessor its intention to
terminate this Lease Deed prior to the expiry of Lock-in-period, then the
 Lessee shall pay the Rent for the entire remaining unexpired period of the said
Lock-in-period.
2.4 In the event Lessor terminates this Lease Deed prior to the expiry of Lock-in-
for whatsoever reason, the Lessor shall pay an amount of Rs. 1,00,00,000/- as
compensation on account of Wrongful Termination.

3. RENEWAL

3.1 In the event the Initial Term expires by efflux of time, then Lessee may extend
this Lease Deed for the Renewed Term with the agreed amount of monthly
rent for the Renewed Term.
3.2 If the Lessor does not wish to renew this Lease Deed, the Lessor must send a
Written Notice at any time not later than 6 (six) months prior to the expiry of
the Initial Term of this Lease Deed. If the Lessor does not send such timely
Written Notice, Lessee may renew this Lease Deed according to his discretion.
3.3 If the Lessee wishes to renew this Lease Deed, then Lessor must register and
bear the costs of such registration of this Lease Deed for the Renewed Term. If
Lessor fails to register the Lease Deed and bear the costs of such registration
for the Renewed Term, then Lessee may bear the costs for the same. In such a
scenario, Lessor shall reimburse such amount with an interest at the rate of 5%
per annum compound interest calculated from the first date of Renewed Term
till the actual date of payment.
3.4 Subject to the Rent specified in Clause 4.1 and Security Deposit specified in
Clause 5.1 (Security Deposit), if Lessee exercises the option to renew this
Lease Deed, then the provisions of this Lease Deed are applicable for the
Renewed Term.
3.5 Lessee shall pay Security Deposit for the Renewed Term as given in Clause
5.6 (Security Deposit).

4. RENT

4.1 Lessee shall pay, without demand or delay, a monthly Rent of Rs. 5,00,000/-,
on or before the Due Date, by cheque in accordance to Clause 17 (Mode of
Payment).
 4.2 For the purpose of this clause, a bounced cheque is a delay in payment of Rent
and will follow the procedure laid down in Clause 11.3.1 (Termination and
Remedies).

5. SECURITY DEPOSIT

5.1 Lessee shall deliver a Security Deposit for one year by cheque to Lessor
before the Commencement Date in accordance to Clause 17 (Mode of
Payment).
5.2 Lessor shall not deduct costs for any of the following events from the Security
Deposit before refunding it as per Clause 11(Termination and Remedies), to
Lessee:
(a) any outstanding amount of Rent.
(b) outstanding bills for telephone, electricity, GAIL gas bills and other
applicable utility bills,
(c) any amount spent on repairing temporary damages caused to the Leased
Premise by Lessee.
5.3 If Lessor is apprised of any permanent damage caused to the Leased Premise
by Lessee, then Lessor shall complete such repairs within 3 (three) months of
Lessee vacating the Leased Premise. In the event Lessor does not complete the
repairs within 3 (three) months of Lessee vacating the Leased Premise, then
Lessee may claim the Security Deposit without adjustments made by Lessor.
5.4 If the costs given in Clause 5.3 exceed the Security Deposit, then Lessor must
send the invoice of such repairs in a Written Notice within 7 (seven) Business
Days of repairs to Lessee. If Lessor does not send a timely Written Notice,
then Lessee is not obligated to make such payment.
5.5 If Lessor sends a Written Notice as per Clause 5.4 within 7 (seven) Business
Days of repairs, then Lessee must pay the amount incurred on repairing
permanent damages within 14 (fourteen) Business Days of receipt of Written
Notice. If Lessee does not pay the exceeding amount within 14 Business Days
of receipt of Written Notice, then Lessee shall pay the same amount to Lessor,
with an interest at the rate of 18% per annum compound interest calculated
from the 15th (fifteenth) Day after the receipt of Written Notice till the date of
actual payment.
 5.6 If Lessee renews this Lease Deed, then the following Clauses are applicable
for Security Deposit of the Renewed Term:
5.6.1 Lessee shall pay the difference in Security Deposit by cheque to
Lessor, on the first date of the Renewed Term in accordance to Clause
17 (Mode of Payment).
5.6.2 For the purpose of this clause, Lessor shall retain the Security Deposit
of the Initial Term. Further, the difference in Security Deposit to be
paid by Lessee means:
12 months’ rent of the Renewed Term- 12 months’ Rent of Initial Term
= Difference in Security Deposit between Renewal Term and Initial
Term.
Therefore, the Security Deposit available to Lessor during the
Renewed Term is:
Retained Security Deposit of Initial Term + Difference in Security
Deposit between Renewed Term and Initial Term

6. SUB-LET

6.1 Lessee may sub-let the Leased Premise.

6.2 If any permanent or temporary damage is caused to the Leased Premise by the
Sub-Lessee, then Lessor shall not hold Lessee responsible for any of such
damages.

7. POSSESSION OF LEASED PREMISE

Lessee shall collect the keys to Leased Premise from the main office of Lessor at
GG Mall, Sector 14, Sonipat- 131001. Lessee’s failure to collect keys will not
prejudice the rights of Lessor in this Lease Deed.

8. LESSEE’S OBLIGATIONS

8.1 Lessee shall maintain and return the Leased Premise in Good Condition.
8.2 Lessee shall use the Leased Premise only for commercial purposes, and not for
any other purpose.
8.3 Lessee shall have the right to make reasonable structural changes,
modifications, and additions to the Leased Premise as it deems necessary for
the operation of its office, provided that such changes do not result in
permanent damage to the Leased Premise.
8.4 The structural changes mentioned in Clause 8.3 is including but not limited to
the installation of furnishings, furniture, fixtures, and equipment. The Lessee
shall bear all costs associated with these changes and is responsible for
obtaining any necessary permits or approvals required by relevant local
authorities.
8.5 Lessee shall not make any permanent and structural changes to the Leased
Premise without the prior written permission of Lessor. Lessee shall make
such request through the Official Email provided. If Lessee does not receive a
response for the request by Lessor within 7 (seven) days, then the request will
be considered to be accepted by Lessor.
8.6 Lessee shall not (a) do or permit to do, (b) store or permit to store anything
which may cause nuisance, annoyance, danger or disturbance to the owners,
occupiers, or other occupants in the vicinity of the Leased Premise.
8.7 If the structures or fixtures in the Leased Premise require repairs, then Lessee
must send a Written Notice to Lessor with the details of the repairs within 7
(seven) Business Days of the damage caused. If Lessee fails to send the
Written Notice within 20 (twenty) Business Days, then Lessee shall bear the
cost of the necessary repairs.
8.8 The obligations listed in Clause 8 are not in prejudice to Lessee’s other
obligations laid down in this Lease Deed.
8.9 On the expiration of the Lease Deed, the Lessee shall forthwith without any
demur or protect remove itself and all its belongings, articles and things from
the said premises and shall quit and vacate the same subject to the provisions
of this Lease Deed.
8.10 Lessee will be entitled to install temporary and permanent fixtures and
fittings in the said premises and the Lessor shall have no objection to the
Lessee removing and taking away the said temporary fixtures and fittings
upon termination of this Lease Deed by the Lessee.
Lessee shall be entitled to erect its name, boards, neon sign boards, as well as
display materials pertaining to its business outside the outer wall of the Leased
 Premise. Lessor shall also permit the Lessee to put up a name board/ sign
board at the premises of the building having a view from the main road subject
to the rules and regulations of the Municipality. However, Lessee shall ensure
that no damage is caused to the building or other occupants of the building by
erection of the name boards / neon sign boards. The Lessor shall also allot
space for putting up the name board of the Lessee on the display board to be
erected in the front of the building for the use of all the occupants of the
building.

9. LESSOR’S OBLIGATIONS

9.1 Lessor shall ensure provision of adequate security measures within the mall,
including surveillance, access, control, and personnel, to maintain a safe and
secure environment for Lessee and its visitors.
9.2 Lessor shall provide and maintain a twenty-four hour power backup system to
ensure uninterrupted electrical supply to the Lessee.
9.3 Lessor shall undertake general maintenance including but not limited to,
repairs, cleaning, and other necessary maintenance activities to smooth overall
functioning in the Leased Premise.
9.4 Lessor shall disclose to the Lessee any defect in the Leased Premise likely to
be dangerous to the person or Leased Premise of which the Lessor is aware,
and the Lessee is not aware.
9.5 Lessor shall permit the Lessee to use and occupy the common areas around the
Leased Premise including but not limited to parking space, loading and
unloading space, elevators and escalators.
9.6 If the Lessee sends a Written Notice as per Clause 8.6 (Tenant’s Obligations),
then Lessor shall commence the repair work within 14 (fourteen) Business
Days of receipt of Lessee’s Written Notice. If Lessee fails to send a timely
Written Notice, then Lessor is not obligated to commence the repair work.
9.7 The Lessor hereby allows the Lessee to apply for and install telephone, telex,
lease line, etc., at the said premises and antennas on the rooftop in case
required.
 9.8 The Lessor hereby permits the Lessee to install a generator required for the
use of the Lessee. The same can be placed in the space earmarked without
causing hindrance to the other occupants of the building.
9.9 Lessor shall pay:
a) All property taxes for the Leased Premise,
b) Any other payments in form of taxes or other accruals to Municipality or
any other authority,
c) Maintenance charges accrued by for the Leased Premise,
d) Any stamp duty, registration charges or other fees, taxes or charges of any
kind whatsoever pertaining to this Lease Deed and execution thereof.
e) All other charges and outgoings, including utility charges including but not
limited to water and electricity charges.

10. REPRESENTATIONS & WARRANTIES

10.1 Lessor’s representations and warranties:

10.1.1 Lessor represents that the total property size of the Leased Premise, i.e.
the ground floor space, the driveway, storage space is 15,000 square
feet.
10.1.2 Lessor represents that the predecessors-in-title of the Leased Premise is
provided in Annexure 1.
10.1.3 Lessor represents that Lessor has the power and authority to execute
this Lease Deed and grant the Leased Premise to Lessee in accordance
with the terms of this Lease Deed.
10.1.4 Lessor represents that the water pipes in the kitchen and bathrooms are
brand new.
10.1.5 Lessor represents that the walls of Leased Premise have been re-
cemented and plastered.
10.1.6 Prior to making of this Lease Deed, Lessor has disclosed to Lessee
every fact known to Lessor, which would prejudicially affect the
decision of Lessee to enter into this Lease Deed.
10.1.7 Lessor represents and warrants that he is not party to any litigation
instituted by or against him, pending in any court in India, which could
prejudice the terms of this Lease Deed.
 10.1.8 Lessor represents and warrants that Leased Premise is free from all
encumbrances and any claim or legal action of any nature whatsoever.
10.1.9 Lessor represents, undertake and confirm to the Lessee that their title
to the land and said premises is clear, marketable and the construction
of the Lease Premise as well as the GG Mall, Sector 14, Sonipat,
131001 is done after obtaining all statutory approvals and is not in
violation of any applicable laws.
10.1.10 Lessor represents and warrants that Lessor is under no:
(a) Contractual obligations,
(b) Restrictions,
that will interfere with the performance of Lessor’s obligations under
this Lease Deed.

10.2 Lessee’s representations and warranties:

10.2.1 Lessee acknowledges that this Lease Deed has been entered into by
Lessee in reliance of statement of representation and warranties made
by Lessor.
10.2.2 Lessee represents that Lessee has all the necessary corporate approvals,
permissions and others actions
a) to authorize the execution, delivery and performance by it of this
Lease Deed
b) for carrying out its operation including in Sonipat, Haryana.
10.2.3 Lessee represents that it has inspected the Leased Premise and has
satisfied itself in relation thereto including as to the area, location and
state thereof.
10.2.4 Lessee is in compliance in all respects with all applicable laws which
are necessary or desirable in respect of conduct its business, the
ownership of assets, in relation to the Leased Premise or for the
construction, development, completion, operation and management of
the Leased Premise.

11. TERMINATION AND REMEDIES

11.1 Parties may terminate this Lease Deed before the expiry of the term
and without the occurrence of any defaults mentioned in Clause 11.3.
 Accordingly, if either party wishes to terminate this Lease Deed, then they
shall give Written Notice to the other party of its intention to terminate this
Lease Deed in 60 (sixty) days.

For the purpose of this clause, term means the Initial Term and will include
Renewed Term, in case Lessee exercises the option under Clause 3 (Renewal).

11.1.1 If the Parties terminate as per Clause 11.1, then Lessee shall vacate the
Leased Premise in Good Condition and hand over the keys to Lessor
within 60 Business Days of receipt of Written Notice. If Lessee does
not vacate the Leased Premise and hand over the keys, Lessor is not
obligated to refund the Security Deposit.
11.1.2 If Lessee vacates the Leased Premise in Good Condition and hands
over the keys to Lessor, then Lessor shall refund the Security Deposit
with the necessary adjustments as per Clause 5.2 (Security Deposit). If
Lessee does not vacate the Leased Premise in Good Condition and
hand over keys to Lessor, then Lessor is not obligated to refund
Security Deposit.
11.1.3 Mode of payment to transfer refund of Security Deposit is by cheque in
accordance to Clause 17 (Mode of Payment).

11.2 This Lease Deed will stand terminated on the expiry of the term i.e. 18
October, 2033. The Lease Deed will be terminated without any Written Notice
from either party.

11.3 Termination due to breach

11.3.1 In the event Lessor breaches any of the representations and warranties
made by Lessor in Clause 10.1, or if any representations are found to
be partially or entirely incorrect or false, Lessee may terminate this
Lease Deed by providing a Written Notice within 30 (thirty) days from
the discovery of such breach.
11.3.2 In the event Lessor breaches any of the obligation made by Lessor in
Clause 9 (Lessor’s obligations), Lessee may terminate this Lease Deed
by providing a Written Notice within 30 (thirty) days from the
discovery of such breach. In such case, Lessor shall pay damages
amounting to Rs. 15,00,000/- or compensate Lessee for any loss in
profits due to breach, whichever is more.
11.3.3 Subject to Clause 4 (Rent), if Lessee does not pay Rent on or before
the Due Date, then Lessee shall pay Rent with an interest rate of 18%
per annum compound interest calculated from the Due Date till the
date of actual payment. If Lessee pays Rent in a timely manner, then
Lessor shall not demand any interest from Lessee.
 Further, in the event Lessee fails to pay Rent and attributable interest
for 15(fifteen) days after the Due Date, then Lessor may terminate this
Lease Deed on the 16th (sixteenth) day.
11.4 Lessor shall pay damages mentioned under Clause 11.3.2 within 30 days of
receipt of Written Notice. If Lessor delays in the payment of any damages as
provided in this Lease Deed, Lessor must pay an interest of 18% compound
interest calculated annually from the Due Date of the payment till the date Lessee
receives the payment.

11.5 Limitations of Lessee Liability:

11.5.1 Lessee will not be liable to Lessor for any loss or costs from indirect or
consequential damages arising out of this Lease Deed.
11.5.2 Lessee’s liability in respect of any losses and costs claimed by Lessor,
apart from indirect or consequential damages, arising out of this Lease
Deed, will not exceed the Rent for one month. If the Lease Deed is
renewed, Lessee’s liability in respect of any losses and costs claimed
by Lessor, apart from indirect or consequential damages, arising out of
this Lease Deed will not exceed the amount stipulated in Clause 3.1
(Renewal).
11.5.3 Clause 11.5 will survive the termination of this Lease Deed.

12. DISPUTE RESOLUTION

12.1 Negotiation:
12.1.1 Parties shall first settle all disputes arising out of and related to this
Lease Deed including torts and questions related to existence, validity
and termination of this Lease Deed, by conducting negotiations
between the Parties.
12.1.2 Either party shall send a Written Notice to the other party to initiate the
negotiation.

12.2 Mediation:
12.2.1 If Parties fail to reach a negotiation settlement within 30 (thirty)
Business Days from the date of receipt of Written Notice as per clause
12.1.2, then Parties shall attempt to settle all disputes by mediation in
accordance with the Bangalore International Mediation, Arbitration
and Conciliation Centre (BIMACC) Mediation and Conciliation Rules.
 In the event that the negotiation settlement is successfully carried out
in a timely manner, Parties need not initiate mediation.
12.2.2 As per the BIMACC rules, the executive board shall nominate a
Mediator/Conciliator for the Mediation as per its discretion. However,
if Parties require a specific Mediator/Conciliator, the relevant rules
under BIMACC will apply.
12.2.3 Parties shall bear their own costs regardless of the outcome of the
mediation.

12.3 Arbitration:
12.3.1 If Parties are unable to resolve their dispute through mediation within
90 (ninety) Business Days from the last day of negotiation as per
clause 11.2.1, then Parties shall resolve by arbitration, all disputes
arising out of this Lease Deed.
12.3.2 Party initiating the dispute shall send a Written Notice to the other
party to initiate arbitration on the 91 st Day after the unsuccessful
negotiation.
12.3.3 The laws governing disputes arising out of this Arbitration will be the
Arbitration and Conciliation Act, 1996.
12.3.4 The seat and venue of the arbitration will be New Delhi.
12.3.5 The arbitral tribunal will consist of a sole arbitrator, to be appointed
with the mutual consent of the Parties, in accordance with the
provisions of Arbitration and Conciliation Act, 1996 or any statutory
modification or amendments (including, Arbitration and Conciliation
(Amendment) Act, 2015) or re-enactment thereof for the time being in
force.
12.3.6 Parties shall individually bear the costs and expenses of the arbitration
equally, as mutually agreed.
12.3.7 If the arbitrator is unable to perform his duties, then either party shall
request the appointment of a substitute arbitrator in accordance with
Arbitration and Conciliation Act, 1996. If the arbitrators is able to
perform his duties, then Parties are not obligated to request such
appointment.
12.3.8 The language of the arbitration proceedings shall be English.
 12.3.9 Award made in such arbitration will be final and binding on the Parties.

12.4 The Parties may extend the duration given in Clause 12.2.1 and 12.3.1
by a mutually agreed amount of time.
12.5 If the dispute resolution mechanisms is initiated as per Clause 12.1,
12.2 and 12.3, during the continuation of the term, then Tenant shall continue
paying the Rent or the amount stipulated in Clause 3.1 (Renewal), as the case
maybe, till the expiry of term. If the dispute resolution mechanisms are
initiated after termination of the Lease Deed as per Clause 11 (Termination
and Remedies), then Tenant is not obligated to pay Rent during the procedures
mentioned above.

For the purpose of this clause, Term refers to the Initial Term and Renewal
Term, as the case may be.

13. INDEMNITY

Lessor shall indemnify and hold harmless Lessee against all claims, demands,
losses, liabilities, damages, lawsuits, orders and judgements, including attorney
fees and costs, arising out of, or related to, or in any way connected to this Lease
Deed.

14. FORCE MAJEURE

The ICC Force Majeure Clause (Long Form) 2020 is incorporated by reference in
this Lease Deed, with the following changes-

14.1 Clause 2: Non-Performance by third parties:

For the purpose of this Lease Deed, Clause 2 will be included.

14.2 Clause 3: Presumed Force Majeure Events:

For the purpose of this Lease Deed,
a) Clause 3(a) and Clause 3(b) are removed from the list of Presumed
Force Majeure Events.
b) In Clause 3(d), another supervening event ‘lockdown’ is added to
the list

14.3 Clause 5: Consequence of Force Majeure:

 For the purpose of this Lease Deed, it is made clear that the receipt of
notice later than 7 (seven) Business Days will be deemed as giving
notice in a delayed manner, unless the Affected Party can prove a
complete failure of communication networks.

14.4 Clause 8: Contract Termination

For the purpose of this Lease Deed, the duration of impediment,
exceeding which this Lease Deed may be terminated, will be 60 (sixty)
days.

15. HARDSHIP

15.1 ICC Hardship Clause 2020 is incorporated by reference in this Lease

Deed, with the following exception-
15.1.1 For the purpose of this Lease Deed, Clause 3B will be excluded from
the options which may be taken by the Parties in case they are unable
to agree on alternative contractual terms with respect to Clause 2.
16. NOTICE

Parties shall send the required Written Notices to the other parties’ following e-
mail details:
(a) Lessee: bhdcbank@gmail.com
(b) Lessor: abcrealty@gmail.com

17. MODE OF PAYMENT

17.1 Parties shall make all necessary payments of this Lease Deed by
cheque only.
17.2 Parties shall deliver the cheques by post or in person to the address of
the Parties mentioned in Annexure 1, unless a change in address is notified by
Written Notice.
17.3 If the payee party needs to change the address where cheque is to be
delivered, then payee party must send a Written Notice to the paying party, of
a change in address at least 4 (four) days before the Due Date. If the payee
party fails to send a timely Written Notice, then the paying party is not
obligated to deliver the cheque at any new address and shall deliver it to the
address mentioned in Annexure 1.

For the purpose of this clause, payee party is the party receiving the payment
by cheque and paying party is the party transferring the payment by cheque.

18. CHOICE OF LAW

 This Lead Deed will be construed in accordance with, and governed by the laws in
India, without regard to its conflict of laws principles.

19. JURISDICTION

Subject to Clause 12 (Dispute Resolution), any dispute arising out of this Lease
Deed will be subject to the jurisdiction of the courts of Sonipat, Haryana.

20. SURVIVABILITY

The following Clauses will survive the termination of this Lease Deed-
(a) Definitions & Interpretations (Clause 1),
(b) Renewal (Clause 3),
(c) Limitation of Landlord’s Liability (Clause 11.6),
(d) Dispute Resolution (Clause 12),
(e) Indemnity (Clause 13),
(f) Notice (Clause 16),
(g) Survivability (Clause 20).

SIGNATURE LINES:

Lessor:

(Priyansha Agarwal)

(Authorised Representative of ABC Realty Pvt. Limited)

Lessee:
(Muskan Madhogaria)

(Authorised Representative of BHDC Bank)

Date: 18th October 2023

Annexure 1 - Copy of Blueprint of PREMISES

 Annexure 2 - Copy of Power of Attorney

Power of Attorney for the Licence Agreement.