MEMORANDUM OF UNDERSTANDING

Lease Period         -Nine Years (108 Months) Lock in Period-Three years (36 Months)

Rent Increase  - 20 % on Last paid Rent after every Three years (36-Months) Security

Deposit  -6 Months (Refundable without any interest)

Advance Rent      – One month

Electricity Load/Water S upply – As per requirement

Power Backup      -   Power Backup is Available but Optional at General charges

Service Tax          -Borne by Lessee

Lease Registration              -Borne by Lessee/Lesser (50-50)

Vacating Notice   – Three months (90 Days) advance notice from Lessee S ide after Three years lock- in period is end.

Possession By Lesser -Immediate

At the time O f L.O.I.  -One Month Advance Rent

At the time of Agreement S igning-S ix Months Security Deposit

For More P lease contact the undersign

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