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RENT AGREEMENT

This Agreement is executed at Gurgaon on this 1st day of October, 2014


Between Mr. Rakesh Yadav S/O Dharampal Yadav R/O House No.4606, in front of Govt
School, Sector 23(A), near Columbia Asia Hospital, Palam Vihar, Gurgaon-122017, and
Hereinafter called the landlord
AND
Mr. Sachin Dubey S/O Shri O.P. Dubey, Permanent R/O Marai Mata, Kulia No.1,
Ravishankar ward, near chameli chowk Sagar (M.P.), Presently residing at House
No.4606, in front of Govt School, Sector 23(A), near Columbia Asia Hospital, Palam
Vihar, Gurgaon-122017 Here in after called the Lessee/Tenant of other part.
The expression of both the parties wherever they occur in the body of this agreement,
shall mean and include their respective heirs, executors administrators, nominees and
assigns.
WHEREAS the landlord is the owner of House No.4606, in front of Govt School,
Sector 23(A), near Columbia Asia Hospital, Palam Vihar, Gurgaon-122017
NOW THIS AGREEMENT WITNESSETH AS UNDER: 1

WHEREAS the Second Party has approached to the First Party to let out the
above said property for commercial purposes and that landlord is in position to
let out the aforesaid property for renting and tenant is agreeable to accept the
same for the commercial purpose.
That the tenancy shall be monthly in nature, commencing from 1st day of each
English calendar month and ends with the day of the next month. The tenancy
has started w.e.f for 11(eleven) months. The tenancy can be renewed with
the consent of First party with fresh terms and conditions up to 24 months. The
above rent is fixed and agreed rent between the two parties and the Second
Party shall have no legal right to challenge it otherwise in any court of law.

That the premises in question is let out to the Second party for a period of
11(eleven) months only for the exclusive use of the Second party for
commercial purposes only and is not transferable to any other person.

That rent for the 11 months as per mutual settlement of the parties is fixed Rs.
13500/-(Rupees Thirteen Thousand Five Hundred only) per month and the
same is payable in advance on or before 1st day of every English calendar
month. If the agreement is renewed after 11 months, rent for next year will be
increased by 10% (Ten percent).

The period of tenancy above stated can be curtailed by tenant with a clear
notice of one month in writing to landlord and landlord shall also serve one
month notice in case of eviction of the said property to the tenant

Tenant shall use the rented premises only for commercial purposes i.e. running
of office-cum-shop presently which is Franchisees / distributorship in batteries.

Tenant shall not use the rented premises to carry out business in items like arm
& ammunition, dangerous material, fire hazard-material, health-hazard
material, material prohibited by Govt. law etc.

Tenant shall not sub-let any portion of the rented premises to any one else.
Tenant is also not permitted to part with any portion of the rented premises to
any one else by way of partnership etc.

Tenant shall keep the rented premises in good sanitary condition and the same
shall be used after keeping in view the prevailing rules/regulation/bye-laws of
the Gurgaon Municipal corporation /G.D.A. etc.

10

The Landlord at his own cost will carry out all major repairs to the rented
portion. However, tenant at his own cost will be done all minor repairs.

11

No additions /alterations of any kind will be done in the rented portion by


tenant without prior consent of landlord, in writing.

12

That the Second Party shall permit the First Party or his/her authorized
representatives to enter upon the said premises as and when necessary with the
prior intimation to the second party.

13

That the Second Party shall pay electricity and water charges as per meter
reading to the concerned authorities. The above said rental excludes electricity
charges.

14

The tenant has paid security amount of Rs.27000/-= of (Rupees Twenty Seven
Thousand) to the landlord which shall be refundable after expiry of the
tenancy period without interest. Landlord and tenant in the presence Witnesses
given below have signed this Agreement: -

WITNESSES: -

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