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LEASE DEED

THIS LEASE DEED MADE ON THE 23'd day of July in the year Two thousandThirteen between the Greater Noida Industrial Development Authority, a body corporateconstituted under section 3 read with section 2(d) of the Uttar Pradesh Industrial AreaDevelopment Act, 197 6 (r.J .P . Act No. 6 of 1976) (hereinafter called the "Lessor") whichexpression shall, unless the context does not so admit include its successors, assigns ofthe one part and Mis. U.Y. Industries Pvt. ltd a company incorporated under the

Companies Act, 1956 (l Jo. 1 of 1956) and having its registered office at, 7th Floor AwingVaman Techno Centre Marol Makwana Road off Andheri Kurla Road Andheri (E)Mumbai -400059 represented hereby through its Authorized Signatory Dinesh kothariResidence of 832/3 RamPuram Shyam Nagar Kanpur -208002 (hereinaftcr calledthe "Lessee") which term shail, unless, repugnant to or inconsistent with the contcxtmean and include its successors in interest and assigns of the other part.

WHEREAS the piot hereinafter described forms part of the land accluired and developedby the lessor fbr the purpose of setting up an urban and industrial township.

WHEREAS the Lessor is desirous to facilitate development of IT Industries and ITenabled Services in Greater Noida in the private/joint venture sector. "IT Industricsand IT enabled Services" referred to hereinafter as "the project and facilities", whichis an integrated, self contained development of international standard that would relcr tohigh quality, ready to use office space and land and social infrastructute to ensure highquality of life. The elements of IT Industries and IT enabled Scrvices ("the project andfacilities") shal1 include, but not be limited to, the broad elements as listcd inSCHEDULE--I of this deed.

Whereas the Lessor considering all the above facts has agreed to demise and the lessee

has agreed to take on iease the said plot on the terms and conditions hereatter appcaringfor the purpose of setting up "the project and facilities" according to the layout and

building plan to be approved by the Lessor.

D NOW THIS LEASE DEED WITNESSETH AS FOLLOWS:Lessor with the written consent of the Lessee dated 15.07 .2013exccuting this deed fbr area 100035.70 sqm.

'l'hat in consideration of the premium of Rs.27,0t1,00,000 out of whichRs.4,09,70,700 have been paid by the iessee to the lessor, (the receipt whereof thclessor doth hereby acknowledges) and balance amount to be paid in the mannerhereinafter provided : -

Towards balance premium of Rs. 18,95,60,000.00 is to be paid in installments along withinterest @ 12 oh p.a. on outstanding balances on the dates mentioned hereinaller :-

U.Y. INDUsffi rELIMITED

Au {iroris;C -1!grrtc;1r / Dir*:rlur

lnstallment:

I nstNo

Due date Principal I ntrest. DueAmount

Status Paid

1 24.07.2009 57,96,667 00 1,13,73,600 2,71,70,267 Paid2 24 01 2010 57,96,667.00 '1 ,04,25,800 2,62,22.467 Paid

24.07.20 0 57,96,667.00 94,78000 2,52,74,667 Paid4 24 01 20 1 57,96,667.00 85,30,200 2.43.26,867 PaidE 24 07 20 I 57,96.667 00 75.82,400 2,33.79.067 Paid6 24.01 .20 2 57,96,667.00 66,34,600 2,24,31 .267 Paid7 24.07.20 2 57,96,667.00 56,86,800 2,14.83.467 PaidB 24.07.20 J 57,96,667.00 47,39,000 2,05.35.667 U npaidI 24.01 .20 4 57,96,667.00 37.91 ,200 95,87.867 U npa id

10 24 07.20 4 57,96,667 00 28.43,400 86.40.067 U npaid11 24 01 20 5 57,96,667 00 18,95,600 76,52.267 U npaid12 24.07.20 A 57,96,667.00 9,47,800 67,44.467 ard

And in consideration of Rs.67,72,417 which the lessee agrees to pay as

per yearly lease rent determinable @25% of the premium of the plot to thc lcssor.This will be the annual lease rent which the lessee shall pay every year in advanceto the lessor.

The lessor doth hereby demise and lease to the lessee, all that plol of landon as is where is basis, mentioned as Plot No. 1 1, Pocket Nill, Sector Techzone -

4 area situated in Greater Noida Industrial Development Arca District, GautamBudh Nagar contained by admeasurement 100035.70 Sqm. be the same, a littlemore, or less, and bounded by:

Admeasurement - I 00035.70 Sqm.

ON THE NORTH BY- As Per Lease PlanON THE SOUTII BY- As Per Lease PlanON THE EAST BY- As Per Lease PlanON TI{E WEST BY- As Per Lease Plan

And which said plot is more clearly delineated and shown in the attached plan andtherein marked red.

TO FIOLD the said plot (hereinafter referred to as "the demised premises) withtheir appurtenances unto the Lessee to the term of Ninety Years Commencingfiom 23'd clay of July year Two Thousand Thirteen except and always rcscrvingto the Lessor:

'fhe iessor reserves the rights and title to all mincs, minerals, coals,washing gold, earth oils, quarries in or under the plots and luil right andpower and any time to do all acts and things which may be necessary orexpedient for the purpose of searching for, working and obtaining.removing and enjoying the same, without providing or leaving any vertical

(a)

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b)

suppofi for the surfbce of the piot(s) /flats or fbr the structure time beingstanding thereon, provided always, that the lessor sha1l mal<e reasonablccompensation to the lessee for all damages directly occasioned by exerciseof the rights hereby reserved. The decision of the CEO of the lessor on theamount of such compensation will be final and binding on the lessec.

(b) A right to lay water mains, drains, sewers or electric wires uncler or abovethe demised premises, in developing the area.

(c) Yielding and payment thereof yearly lease rent in advance dur:ing the saidterm unto the lessor on the 23'd day of July of each ycar yearlj eap5 v"of the total premium during the first ten years. 'fhe lessee shall pay untothe lessor at its office or as otherwise directed, leasc rent in advance onyearly basis. The lease rent wouid be Rs.67,72,,4771- Annually lbr the llrstten years chargeable from the date o1'execution of the leasc deed. 'l'hc

lessee shall pay lease rent annually on due date or in advance w-ithoutwaiting fbr any demand notice or reminder thereoL 'l'he lease rcnt wouldbe enhanced after every ten years liom the date of execution of lcase deedby an amount not exceedrng 50o/o of the annual lease rcnt payable at thetime of such enhancement and in such case a supplementary deed shall beexecuted by the lessee. In case of default in payment of lease rent intere st(A$oh per annum compounded half yearly would be chargeable lor thedelayed period.

AND THE LESSEE DOTH HEREBY DECLARE AND COVENANI]'WITHTHE LESSOR IN THE MANNER FOLLOWING:

That the lessee shall pay to the lessor the balance premium in the instalments,with interest @,12% p.a. on the balance premium as mentioned in Clar-rse I aboveby the dates mentioned therein.

All Payments should be remitted by the due dates. In case the due date is a bankholiday then the lessee shall ensure remittance on the next working day. Inexceptional circumstances the time of deposit for the payment of amount due maybe extended by the Chief Executive Officer of the Lessor or his/her authorisedrepresentative at his/her discretion.

I-{owever in such cases of time extension, an intelcst (q 15% pcr annumcompounded every quarterly wili be charged on the amount payable to the lessor,for such extended period. Such extension, in any casc. shall not be allowccl 1brmore than 60 days for each instaiment to be depositcd, subject to maximum of'three such extensions during the entire payment schedule. 'fhe abovc plovisiondoes not apply in case of deposit of registration money, rcservation rnoncy andallotment lnoney.

A11 payments should be made through a demand drafl drawn in l'avour ofc)

a9,U.Y. INDUSTRIES PRIVATE LIMITED

qe.eT.Ied,

Registration No" : 18290

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GREATER I{OIDA INDUSTRIAL DEVELOPMENT AUTI{ORITY ANd

payable at any scheduled bank located in Delhi/New DelhiNoida/Greater Noida.

The payment made by lessee shall f,rrst be adjusted towards thc interest due, i{'any, and thereafter the balance shall be adjusted towards the instalment due and

the lease rent payable.

That failure to pay any instalment amount as mentioned in Clause I abovc alongwith interest due thereon and/or lease rent continuously fbr six months, the lessor

may determine the lease with penalties and consequences given in Clause IIIhereinafter.

That the Lessee will bear, pay and discharge all ratcs, assessments of cverydescription including beneficiation levy which during thc said term be assessed,

charged or imposed upon either on the lessee or on its tenant or on thc occupier.jointly or severally, in respect of demised premises or on thc buildings to bc

erected thereupon.

g) l'hat the lessee will obey and submit to all directions issued or regr-rlations rnade

by the Lessor now existing or hereafter to exist.

i)

That the Lessee will at his own cost develop and erect building on the demisedpremises in accordance with the plan, elevation, and design to be approvcd by theLessor or any officer authorised by the Lessor in that behalf in writing and shallensure that the broad elements as listed in SCHEDULE--I are providcd in"the project and facilities" in a substantial workman-like manncr, with allnecessary sewers, drains and other appurtenances according to thc directionsissued or regulations made in respect of buildings. drains. latrines and conncctionwith sewers etc.

The lessee will be responsibie to caffy out internal development workscomprising of site clearance and leveling, construction of roads and lbotpaths,drains, culverts, electrification and street lighting, water supply, sewerage and

road side arboricultural, development of parks, adecluate provision o1' parkingspace and any other item as may be desired by the lessor according to norms ancl

specilications prescribed from time to time.

All the peripheral/ external development work as may be rcquired to be carricdout up to allotted plot including construction of approach roacl, drains, culvcrts,electricity distribution/transmission lines, water supply. sewerage will be providcdby the lessor at its own cost. However, all the expenses as may be lctiuired toconnect these services with the internal system of serviccs of plot shall be

incurred by the lessee .

f)

h)

i)

a'%{rLrF,*TEDU.Y. INDIJSTRIESPT

AutilorieiC Elgnat*lY / Dir;i';tor

m)

k) The lessee shall also bear the proportionate/full installation expenses (as thc case

may be) of the requisite size of transformers etc., fbr power connection to tlredemised premises fiom Noida Power Company Ltd.

l) That the lessee will not make, or permit to be made, any alteration in or additionsto the layout of the "the project and facilities" or other crections fbr the timebeing on the demised premises.

That the lessee will not erect or permit to be erectcd any new building on thedemised premises without the previous permission in writir-rg of the lessor andexcept in accordance with the terms of such permission, in writing of the plan ifany, approved by the Lessor or any officer authorised by Lcssor in that bchal{-andin case of any deviation from such terms of plan, lessee will immediately uponreceipt of- notice from the lessor or such officer requiring him so to do, correclsuch deviation as aforesaid and if the lessee shall neglectto corrcct such cieviationfor the space of one calendar month after the receipt o1'such notice then it shall bclawful fbr the lessor to cause such deviation to be corrected at the expenses o1'thelessee which expenses of the lessor the lessee hereby agrees to reimburse bypaying to the lessor such amount as the lessor (wl-rose decision shall be final) shallfix in that behalf.

That the iessee shall have the option of investmcnt phasing, provided, thc lcssecmeets the minimum acceptable investment of the project. The lessee shall havc toinvest a minimum of Rs 30 Crores, excluding land cost, in the first three yearslrom the date of execution of this lease deed (30% of the rninimum 2cgs:ptableinvestment as defined in the following clause). Further. the lessee shall have toinvest a minimum of Rs. 101 Crores, excluding the land cost, in the seven yearsfrom the date of execution of this lease deed (100% of the minimum acceptableinvestment as defined in the following clause).

As a proof' of investment the lessee shall submit the Certillcatc of ChartcredAccountant and Approved Valuer o1' the same to the lessor on yearly basisexcluding land cost. Such certificate should be submitted within one month of thecompletion of each year.

That the lessee shall develop the "the project and f'acilities" on the clemisedpremises and meet the following norms of development.i) Minimum area of 4000 sqm would be recluired lbr cstablisl-unent of

Il7ll'ES units.ii) Maximum ground Coverage of 30 o/o and IrAi{ 187.50. In casc of units

from one acre upto 2.5 acres, thc maximum ground coveragc would bc25%.

iii) Allottees of 5 acres or moreFAR for institr-rtional facilitiesbe used fbr IT/ITES.

would be allowed maximum 10(% o1'totalmentioncd in schedule-ll. Rest 90u% would

n)

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Authorie;C $lgnotory / Sirector

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iv) When the area is 10 acres or more and investment is proposed to be morethan 50 crores, in such cases 10% of FAR wouid be permitted 1brResidential use for employees and off-rcers of unit/organization includingchowkidars and peons, subject to the ratio of institutional and residcntialfacilities should not exceed more than l5o/o of F-AR and rcsr 85% FARwould be primarly used for IT/ITES.

v) Allottees of 20 acres or more would be allowed maximum 25o/o of the totalFAR for residential/commercial/institutionai facilities and the rest 75Yowould be utilized for IT/ITES purpose, subject to the condition thatmaximum of 10Yo of total FAR would be lbr residential use and maximumof 10Yo of total FAR wouid be for commercial use.

vi) Residential/Commercial/Institutional lacilities allowed in I'1'll'l'FiS/S'l'Pare mentioned in Schedule-IL

vii) Apart fiom the built-up space, the lessee shall be allowed to scll (transf-er)developed land to clients for their captive use. Iiowcver, a minimum ol75o/" of the total allowed FAR of IT Industries and I'l' Ilnablcd Serviceswould have to be developed as built-up space. f'he ren.raining could besold as IiAR in the developed plots.

viii) The allottee shall sell (transfer) the Commercial and Itesidcntial IrAI{ inproportion to the sale (transfbr) of FAR of IT Industries and IT' HnabledService areas.

The lessee shall have the right to sell ('i'ransfer) the developed plot of land ancl/orthe built-up space as per the lirnitations of the sub-clause (p) above, at its ownprice. The lessee shall have to sell (transfbr) the permissible resi<lential dcvelopedplot and/or built-up space to the owners of the I T Industrics and I T enabledservices. No transfer charges shali be levied by the lessor fbr this first salc ofdeveloped plot/(s) and/or built-up space. The lessee shall provide the list of itsbonafide users from time to time in whose favor the sale has been executccl.

However, ior subsequent sales the lessee shall take permission liorn the lessor,which will not be unreasonably withheld if such sale also conlbrms to rheprovisions of sub-clauses (p & q) above . Transfer charges as prevalent at thc dmeof the transfer, or as may be decided by the cEo, wiil bc payablc on suchsubsequent sales. Apart fiom that, the lessee shall have to tal<e the approval of thclessor on the draft lease deed to be executed between the lessee and sub-lessee .

That the lessee/sub lessee shall use the demised premises for the purpose for which ithas been ailotted and no other purpose without the consent of the lcssor and subjectto such terms and conditions as lessor may impose and will not do or suIlbr to bcdone on demised premises or any part thereol, any act or thing which may or growto be a nuisance, damage, annoyance or inconvenience to the lessor or 1l-rc owners,occupier of other premises in the neighborhood.

t) That the lessee will in no case (except as mentioned above) assign, rclincluish (cxceptin I'avour of the Lessor) "the project and facilities" without prior permission olthe

s)

u,Y. rNDr,ls twwE Ltil{trED

Authorle :C $ignaicry / Director

v)

Lessor. il'he transf-er of plot to lessee's legal heir will be allowcd with pliorpermission of the CEO of the Lessor or an oft-rcer authorized by him/her in thisregard.

u) The lessee may with the prior permission of the lessor and subject to suchconditions as it may impose, mortgage the demised premises to anyGovernment/Semi Government organtzation /Financial Institution/ Individr-rals/Firms/ Body Corporate /Banks for the purpose of securing loan for acciuiring theplot/ carrying on construction.

l'hat the lcssor shall have first charge upon demised premises lbr thcamount of unpaid balance and charges, interest and other dues o1'the lessor.

That every transfer, assignment, relinquishment, morlgage. subletting o1' anypartlwhole of the project and facilities shall be subject to the tcrms of the leasc

deed and the transferee, assignee or sub-lessee shall be bound by all covcnantsand conditions herein contained and be answerable to the lessor in ail respecttherefbr.

PROVIDED always that if the lessec or his/her/their/its transl'cree orpermitted assignees as the case may be, wiil assign, rclinqr-rish, mortgage, sub-letor transfer the demised premises and building thereon as a whole or residue on thesaid terms he/she/its will deliver at his/her/its/their own cxpcnse to the lessor at itsoffice attested copy of the assignment, reiinquishment, mortgage or transt-er deed

together with a notice thereof within a month after the same shall have been dulyregistered under the Indian Registration Act or any other amending slatute.

fhat the lessee will permit the members, off-rcers and suborclinates of the lessorand workmen and other employed by the lessor from time to time and at allreasonable time of the day, to enter into and upon the demised premises andbuilding to be erected thereupon in order to inspect the same and carry onnecessary works mentioned before and the lessee wili give noticc of theprovisions of this sub-clause to his/her/their/its tenants/sub-lessee.

l'hat the lessee will deveiop "the project and facilities" and construct all thcbuildings according to the layout, architectural and elevation controls 'as

prescribed by the iessor/competent authority.

l-hat the lessee will not erect or permit to be erected on any part oi the demiscclpremises any stable, sheds or other structures of description lvhalsocvcr fbrkeeping horse, cattle. poultry or other animals except and in so far as may bcallowed by the lessor in writing.

l'hat the iessee shall not exercise his/her/their/its option of detennining thc lcascnor hold the lessor responsible to make good the darnage if, caused by fire.tempest, flood or violence of army or of a mob or other irresistible fbrce. an1,

material part of the demised premises is wholly or parlly destroyed or rcndcredsubstantially or permanently unfit for building purposes.

w)

x)

v)

z)

u.y. nusus r-*#fi/rr-Lrrdrurro

Auihorle:C Slgnaiory / Director

bb)

aa) 'fhat the lessee will be required to submit the broad iayout within one year anddetailed building plan tbr the approval of the Lessor within two year from the dateof execution of lease deed and will be required to complete construction of firstphase i.e. invest as per sub-clause (n) and shall have to make it functional withinthree years from the date ofexecution ofiease deed.

Provided that in exceptional circumstances extension of not more than oneyear at a time may be allowed to the lessee by the lessor or any officel ar"rthorizedby him on payment of extension charges @2% of the total premiun, fbr cxtensiongranted for one year or parl thereof lbr completion of first phase . J'he cxtcnsiorrcharges as mentioned above may be revised by the lessor at any tirne

The lessee shail have to compiete the construction of the whoie "the project andfacilities" i.e. invest as per sub-clause (n), within 7 years from the date ofexecution of this lease deed.

I

Provided that in exceptional circumstances extension of not morc th.anthree years, one year at a time, may be allowed to the lessee by thc lcssor or anyolllcer autl'rorized by him on payment of extension charges (@ 4"/o for theextension offirst year or part thereof. @ 6%n for the extension of second yearor rrart thereof, and @ 87o lbr the extension of third year or rrart thereof. ofthe total premium of the demised rrremises.The extension charges as

mentioned above may be revised by the lessor at any time. ln case the lessec f-ailsto complete the construction within the time period or extcnded time perioddecided for the purpose, the allotment/lease can be cancelled/detcrmined with thepenalties and consequences as per the clause III ofthis lease deed.

Maintenance

That the Lessee at his own expense will take permission for sewerage, eiectricity,and water connections etc. from the concerned departments oi'thc Lessor or liomthe competent Authority in this regard.

That the lessee will keep the demised premises and the buildings:

I. at all times in a state of good and substantial repairs and in goocl sanitarycondition to the satisfaction of the Lessor;

II. and the available facilities as well as the surroundings neal and clean andin good healthy and salt condition to the convenience of the inhabitants of thep1ace.

That the lessee shall abide by all Regulations, by-laws, Directions and Guidelinesof the Authority framed/issued under section 8, 9 and 10 or under any otherprovisions of the U.P. Industrial Area Development Act 1976 and rulcs madctherein.

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2.

wAuti:orie:C gignatory / 0irector

4.

5.

In case of non-compliance of terms and directions of lessor, the lessor shall havethe right to impose such penalty as the lessor may consider just or expedient.

If the maintenance work of any area is not fbund satisfactory as per thc lessor'sguidelines, then the required maintenance work will be carried out by the lcssorand the expenses incurred in carrying out such works will be borne by thc lcssee /sub-lessee collectiveiy or in parts. The decision of the lessor will be final as to thcexpenses incurred in the maintenance worh.

The lessee shali maintain all services in good order and in good shape lbr a

minimum period of one year or the extended period as may be necessitated afterthe date of completion of internai development works at its own cost andthereafter develop a system by which the long term maintenance o1'thc area.services. building shall be ensured to the satisfbction of the lessor.

CancellationIn addition to the other specific clauses relating to cancellation the Lessor shall befree to exercise its rights of cancellation of lease/allotment in casc of-:

Allotment being obtained through misrepresentations/suppression of materialfacts.Any violation of directions issued or rules and regulations framed by the PollutionControl Board or by any other statutory body.Defauit on the part of the applicant/lessee for breach, violation of terms andconditions of registration, allotment/lease and /or non deposit of allotment moneyand/or breach of rules/ regulations / provisions of the Act.

In such cases of cancellation the lessor may determine the lease with penalties andconsequences given in Clause III hereinafter.

AND IT IS HEREBY AGREED AND DECLARED BY AND I]ETWIIENTHE PARTIES TO THESE PRESENTS AS FOLLOWING;

A. Notwithstanding anything hereinbefore contained if there shall have been in theopinion of the lessor (whose decision shali be final and binding) any breach by thclessee or any person claiming through or under him/her/them/its o1' any of thecovenants or conditions hereinbefbre contained and on his/her/their/its parl to beobserved and performed and in particular and without prcjudicc to thc gcneralityof the sub-clause. if the lessee transfers, relincluishes, mortgages or assigns thcwhole or part of the demised premises before constructing a buiiding on itotherwise than it is expressly permitted/allowed in clause II as heieinbeloreand fails to complete construction (minimum acceptecl investment in theproject and facilities) within the period mentioned in clause II (n & bb) it shallbe lawful for the lessor, without prejudice to any other right of thc lcssor inrespect of any breach of agreement, to re-enter the demised premises or any partthereof and determine this lease and 20oh of the total premium sha11 standfbrfeited in favour olthe lessor and thereupon if:

6.

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t.

2.

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u.Y. rNDr,rs @WWE LIM|TED

Authaile:C $i6nstory / Director

c)

the time of re-entry, if the demised premises has not been occupied bylessee by way of constructing a building thereon thc lessor may rc-allotdemised premises.

the time of re-entry :-

If the demised premises are occupied by any burilding constructedby the Lessee thereon the lessee shall within a pcriod of threemonths from the date of re-entry remove liom thc demiscdpremises all erections or buildings, fixtures and things which atany time and during the terms shall be affixed or sct up within orupon the said premises and leave the said premises in as good a

condition as it was on the date of demisc. in default whereof thesame shail become the property of the lessor without payment ofany compensation to the lessee lor the land and the buildings,fixture and things thereon.

After the re-entry, the lessor shali be entitled to re-allor the landwithin the time stipulated above. I'Iowever, provisions will bcmade to provide reasonable security at the cost of lessec lor thebuilding, fixture and fitting of lessee till timc period o1' thrcemonths mentioned above is lapsed.

The lessor may at its option agree to purchase the said erectior-r.buildings and fixtures upon payment to the lessec of the pricetherefore and for his interest in the premises as may be mr-rtuailyagreed upon.

If lessee is found to have obtained the allotment and the lease of the demisedpremises by any misrepresentation and misstatement or l'raud the lease may becancelled and the possession of the demised premises may be taken over by thc lesro,alongwith forfeiture of total deposits and the lessee in such an event will not bcentitled to ciaim any compensation in respect thereof.

If the lessee commits any act or omission on the dcmised premises resr-riting innuisance, it shall be lawful for the lessor to ask the lessee to remove thc nuisancewithin a reasonable period failing which the lessor shall itseli gct the nuisanccremoved at lessee's cost and charge damages from the lessec during thc period ofsubsistence of nuisance.

Any losses suffered by the lessor on a fresh grant of demised premiscs fbr breachcs ofcondition aforesaid on the part of the lessee or any persons claiming through or undcrhim shall be recoverable bv the Lessor.

Other Clauses

All notices, orders and other documents required under the lcrms of thc lease or unclertheUttarPradeshlndustrialAreaDevelopmentAct, 1976(U.P.ActNo.6of 1976)orany Ruies or Regulations or Directions made there under shall be deemed to be duly

i) Atthethe

ii) Ar

a)

b)

B.

C.

D.

E.

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U.Y. INDL'$TRIF$ PRIVATE LIMITFD

Authoriei'J $lgnatory i Sirector

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-)'iE- oEvELoPlrtttil WORK lS lli PROGRESS LEASE PLAN OF THE SECTOR IS BEING P!{€PARED ON URGEIIT DEMAND '

, AREA OF PLOT MAY BE INCREASE /DECREASE AFTER COMPLETION OF STTE DEVELOPMENT.

(POSSESSON TAI(EN OVER ALLOTTEE SIGN POSSESSON HJ\NDED OVER

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SCHEDULE-TElerirents of I.T. industries and I.T. enabled services (Proiect and facilities).

and optic fiber back bone network.

SCHEDULE-II

Definition of commercial and non-commercial covered snace in the context of anI.T. Industries and I T enabled services.

Commercial areas:

Any space that is utilised for the following purposes would be considered ascommercial space:

Residential areas:

Any space that is utilized for the following purpose would be considered asresidential space:

Institutional Facilities :

1- Waiting and transit areas2- Areas designated for public utilities i.e.3- Travel Services4- Telephone exohange

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Authorie iC Slgnatbry / Director

U.Y.INDU

.: 5- Electric sub station.6- Water works.7 - Export related facilities.8. Canteen.9. Shop restaurant (Maximum2o/o of FAR)10. Creche & day care centre1 1. Operations and maintenance by specialized agencies.12. Training center and library.13. Health club for users/residents of IT industries and IT enabled services.14. Games/entertainment room for users/residents of IT industries and IT enabled

services.15. Banking and financial services.16. Businesscenter/conferencefacilites.

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serued as provided uls 43 of the U.P. Urban Planning and Development Act, 1973 as.re-annexed and modified by the Uttar Pradesh President's Act ( Re-enactment withnr:diflcations) Act, 1974 ( U.P.Act.No.30 of I9l4).

F. All posers exercised by the Lessor under this lease may be exercised by the ChiefExecutive Officer of the Lessor. The lessor may also authorize any of its otherofficers to exercise all or Any of the powers exercisable by it under this lease.

G.

PROVIDED that the expression Chief Executive Officer shall include the ChiefExecutive Officer for the time being or any other Officer who is entrusted by theLessor with the functions similar to those of Chief Executive Officer.

The entire legal expenses of execution of the Lease Deed including stamp duty andregistration charges shall be born by the lessee.

Any relaxation, concession or indulgence granted by the lessor to the lcssee sha1l notin any way prejudice the legal right of the lessor.

I. All arrears payable to lessor shall be recoverable as affears of land revenue.

J. The Chief Executive Officer of the Lessor reserves the right to make such additionsand alterations or modifications in these terms and conditions as mav be consideredjust and/or expedient.

K. In the event of any dispute with regard to the terms and conditions of the lease deed,the same shall be subject to the jurisdiction of District Court at Gautam Budh Nagar:(where the property is situated) or the High Courl ofjudicature at Allahabad.

N WITNESS WHEREOF THE parties hereto have set their hands on the day and in theyear hereinfirst above written.

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In the presence: g1^r;""a5

1 witness gl")i*yX Tut%\*h*-. Pl" fn.D, R*PK+}.For & on behalfofLessor

For & on behalf of the Lessee

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GREATER NOIDA INDUSTRIAL DEVELOPMENT AUTHORITY

POSSESSION CERTIFICATE

Letter trto. ...... T.T..l. th(Date ..........23.l+.lzslj.

Plot No. ......1.1....,... ..7..fr..ftp.I...tj.g2t?zz..ftegs.4*,2,a)-Block tto. .,.......?- ../.Y.*2.4.r..L4a<-ko/a.aza'-.K.4...sector .....f€.!1...?tx.*..+.......... ...,AndAt?i ...((2. .?e.qac?'' n-i' i ; *t"n'rt l:"' lV' 4 | C'kErfR4Status/Boundaries of plot Dimensions Area (ln Sq" m.) Remarks

North-East .............. .$f" "" "'\'7"

South-we" VtSouth-East V,Nroth-West 1\./

DrsTT. GAUTAM BUDH NAGAR (U P.)

PtN - 201 308

Copy to

1. Lessee2. General Manager (Froperty)3. General Manager (Engg.)4. General Manager (Finance) H'169' SECroR-GAMMA' GREATER NolDAclrY

DISTT. GAUTAM BUDH NAGAR (t,l:P.)

PtN - 201 308

Lessee / Allottee's Name& Address n /:. :. Q :.Y,, f,n e/ut,/z'tet /!t4

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Site plan of the plot is enclosed herewith.

lAffehavetakenoverpossessionof theplotNo, /"/...gtocktrto..4...Sector fK6.K.&.,7o+,uBlA//e agree with the plot size, area, earmarked in the enclosed plan and the plotls

free from encroachment.

Possession handed over by Possession taken over by

U.Y. INDUSTRIES PRIVATE LIMITED

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AREA OF PLOT MAY BE INCREASE /OU'A'O" AFTER COMPLETION OFSITE DEVELOPMENT.

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