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ADDENDUM TO LEAVE AND LICNESE AGREEMENT

THIS SUPPLEMENTARY AGREEMENT is made at Mumbai on this day of ___


August 2018

BY AND BETWWEN

M/s. SKYLINE PRASHASTI (FORMARLY KNOWN AS M/S. SKY STAR), a partnership


firm registered under the provisions of the Indian Partnership Act, 1930 and
having registration number BA 93983, Pan No.ABCFS0618M and having its
office at CTS No. 1628 A, 1628 B and 1628 C off Village Marol, 86 / 92 Andheri
Kurla Road, Andheri-East, Mumbai-400 059 through its partners (1) Mr. Jatin
Valji Daisaria, Pan No. AACPD7514Q (2) Urmi Manoj Daisaria, Pan No.
AJAPD3223H (3) M/s. Skyline Vision Private Limited, Pan No. AAQFS8838N
(4) M/s. Dave Builders Private Limited, Pan No. AAACD4158P (5) Mr. Pankaj
S. Jain, Pan No. AAKPJ3258M (6) Mr. Puspraj S. Jain, Pan No. AACPJ4850D
(7) Mr. Prabhat S. Jain, Pan No.AACPJ4850D and (8) Mr.Atul Kumar Jain, Pan
No. AAAPJ8169P, (9) M/s. Mahaprabhu Commodities (Pvt) Ltd. Pan No.
AAECM9764C, hereinafter referred to as the “LICENSOR” (which
expression shall, unless repugnant to the context or meaning thereof, be deemed
to mean and include the partner/s for the time being of the said firm, the
survivor/s of them and the heirs, executors, administrators and assigns of the last
surviving partner) of the ONE PART;
And

ATC Telecom Infrastructure Private Limited (formerly known as ATC India Tower
Corporation Ltd), a company incorporated under the companies Act, 1956 having its
Registered Office at office at 404, 4th Floor, Skyline Icon, Near Mittal Industrial Estate, Andheri
Kurla Road, Andheri East, Mumbai 400 059, hereinafter referred to as the “Licensee” (which
expression shall unless be repugnant to the context or meaning thereof be deemed to mean and
include its successor/s and permitted assigns), of the OTHERS PART.

The Licensor and the Licensee are hereinafter individually refereed as “Party” and collectively
referred to as” the Parties”

WHEREAS:

1. Licensor and Licensee have already entered into a Leave and License Agreement
dated 14th December 2015 duly registered with the Sub-Registrar of assurance under
serial number BDR1-228-2016 dated 07.01.2016; (hereinafter referred to as “Principal
Agreement”) in respect of office bearing No.404, on 4 th Floor, admeasuring space
admeasuring 11655 square feet of built up area (7770 square feet of carpet area) in the
Building known as Skyline lcon, Near Mittal Industrial Estate together with 15
(Fifteen) Car Parking (Out of 15 Car parking space, 12 Car Parking space is free of
cost and 03 Car park on chargeable basis) are in the basement situate on plot of land
bearing CTS No.1628A, 1628B and 1628C of Village Marol, Taluka Andheri, for the
tenure of 5 (Five Years) from 1st October, 2015 to 30th September, 2020 on the terms
and conditions mentioned in the said Principal Agreement.

2. Licensee has informed Licensor that by virtue of Amalgamation order the earlier
Licensee namely ATC India Tower Corporation Ltd with the effect from 19th
February, 2018, has merge into ATC Telecom Infrastructure Private Limited and the
ATC Telecom Infrastructure Private Limited as successor, become the Licensee in place
of the ATC India Tower Corporation Ltd under the Leave and License Agreement
dated 14th December, 2015, therefore their name i.e. ATC India Tower Corporation
Ltd, with whom the Principal Agreement was executed, has been change to ATC
Telecom Infrastructure Private Limited w.e.f from 19th February, 2018, hence Licensee
has requested the Licensor to make the necessary changes, by way of present agreement.

Thus both the parties mutually desire and agree to make amendment to give this effect to the
principal Agreement for which purpose this being executed (hereinafter referred to as
“Addendum”) subject to team and conditions contained hereinafter.

NOW, THIS AGREEMENT WITNESSETH AS FOLLOWS.

1. The recitals form an integral part of this Agreement.

2. Notwithstanding anything to the contrary contained in the any earlier writing it is hereby
agreed by and between the Parties hereto that;

a) The ATC Telecom Infrastructure Private Limited, shall as successor, become the
Licensee in place of ATC India Tower Corporation Ltd.

b) The ATC Telecom Infrastructure Private Limited confirm, agreed and undertake
that Agreement dated 14th December 2015 is binding between the Parties;

c) The Licensor shall raise an invoice in name of “ATC Telecom Infrastructure


Private Limited”

d) Upon the expiry of Said Leave and Licence Agreement or prior termination, the
Licensor shall as per the terms and condition of said Agreement refund the
interest free refundable deposit of Rs.40,90,906/- (Rupees Forty Lacs Ninety
Thousand Nine Hundred and Six Only) to ATC Telecom Infrastructure Private
Limited.

3. The Parties hereto will sign and execute such further documents if necessary or required
to more effectually implementing the Understanding as recorded herein.

4. This Addendum Agreement is to be treated as part and parcel of the Principal Agreement
and all the terms and conditions of the Principal Agreement shall remain unaltered.
5. This Addendum Agreement shall remain in force till the subsistence of Principal
Agreement and shall be determined along with the Principal Agreement.

6. All costs, charges and expenses including stamp duty if any payable on these presents
shall be borne and paid by the Licensee only.

IN WITNESS WHEREOF, the Parties hereto have hereunto set and subscribed their
respective hands the day and year first hereinabove written.

SIGNED AND DELIVERED BY )

the within named “Licensor” )

M/s. Skyline Prashasti )

through the hands of its partners )

(1) Mr. Jatin Valji Daisaria, )

(2) Ms. Urmi Manoj Daisaria, )

(3) M/s. Skyline Vision Private Limited, )

through the hands of its Director Mrs. Shilpin Tater )

(4) M/s. Dave Builders Private Limited, )

through the hands of its Director Mr. Maulik Dave )

(5) Mr. Pankaj S. Jain, )

(6) Mr. Puspraj S. Jain, )

(7) Mr. Prabhat S. Jain, and )


(8) Mr. Atul Kumar Jain )

(9) M/s. Mahaprabhu Commodities (P) Ltd., )

Through the hands of its Director )

Mr. Pushkar Jain )

in the presence of

1.
2.
SIGNED AND DELIVERED BY )
the within named “Licensee” )
ATC Telecom Infrastructure Private Limited )

Through the hands of Its Authorised Person )


Shri. )
in the presence of
1.
ANNEXURE “1”
TABLE SHOWING THA MONTHLY SECURITY DEPOSIT TO BE REFUNDED BY
LESSOR TO
LESEE WITHIN A PERIOD OF 66 MONTH

Year Month Part security Monthly Balance of part


Deposit lying Security Security
With lessor to Deposit to be
deposit
Be refunded Refunded to
Remains with
(Rs) Lessee
Lessor
(Rs)
(Rs)
Nov-14 57,500,000 500,000 57,000,000
Dec-14 57,000,000 500,000 56,500,000
Jan-15 56,500,000 500,000 56,000,000
Feb-15 56,000,000 500,000 55,500,000
Mar-15 55,500,000 500,000 55,000,000
Nov 14- Apr-15 55,000,000 500,000 54,500,000
Oct 15 May-15 54,500,000 500,000 54,000,000
Jun-15 54,000,000 500,000 53,500,000
Jul-15 53,500,000 500,000 53,000,000
Aug-15 53,000,000 500,000 52,500,000
Sep-15 52,500,000 500,000 52,000,000
Oct-15 52,000,000 4,500,000 47,500,000
Nov-15 47,500,000 500,000 47,000,000
Dec-15 47,000,000 500,000 46,500,000
Jan-16 46,500,000 500,000 456,000,000
Feb-16 46,000,000 500,000 45,500,000
Mar-16 45,500,000 500,000 45,000,000
Nov 15- Apr-16 45,000,000 500,000 44,500,000
Oct 16 May-16 44,500,000 500,000 44,500,000
Jun-16 44,000,000 500,000 43,500,000
Jul-16 43,500,000 500,000 43,000,000
Aug-16 43,000,000 500,000 42,500,000
Sep-16 42,500,000 500,000 42,000,000
Oct-16 42,000,00 4,500,000 37,500,000
Nov-16 37,500,000 500,000 37,000,000
Dec-16 37,000,000 500,000 36,500,000
Jan-17 36,500,000 500,000 36,000,000
Feb-17 36,000,000 500,000 35,500,00
Mar-17 35,500,000 500,000 35,000,000
Nov 16 – Apr-17 35,000,000 500,000 34,500,000
Oct 17 May-17 34,500,000 500,000 34,000,000
Jun-17 34,000,000 500,000 33,500,000
Jul-17 33,500,000 500,000 33,000,000
Aug-17 33,000,000 500,000 32,500,00
Sep-17 32,500,000 500,000 32,000,000
Oct-17 32,000,000 4,500,000 27,500,000
Nov 17 – Nov-17 27,500,000 500,000 27,000,000
Dec-17 27,000,000 500,000 26,500,000
Oct 18
Jan-18 26,500,000 500,000 26,000,000
Feb-18 26,000,000 500,000 25,500,000
Mar-18 25,500,000 500,000 25,000,000
Apr-18 25,000,000 500,000 24,500,000
May-18 24,500,000 500,000 24,000,000
Jun-18 24,000,000 500,000 23,500,000
Jul-18 23,500,000 500,000 23,000,000
Aug-18 23,000,000 500,000 22,500,000
Sep-18 22,500,000 500,000 22,000,000
Oct-18 22,000,000 4,500,000 17,500,000
Nov 18- Nov-18 17,500,000 500,000 17,000,000
Dec-18 17,000,000 500,000 16,500,000
Oct 19
Jan-19 16,500,000 500,000 16,000,000
Feb-19 16,000,000 500,000 15,500,000
Mar-19 15,500,000 500,000 15,000,000
Apr-19 15,000,000 500,000 14,500,000
May-19 14,500,000 500,000 14,000,000
Jun-19 14,000,000 500,000 13,500,000
Jul-19 13,500,000 500,000 13,000,000
Aug-19 13,000,000 500,000 12,500,000
Sep-19 12,500,000 500,000 12,000,000
Oct-19 12,000,000 4,500,000 7,500,000
Nov 19 – Nov-19 7,500,000 500,000 7,000,000
Dec-19 7,000,000 500,000 6,500,000
Apr 20
Jan-20 6,500,000 500,000 6,000,000
Feb-20 6,000,000 500,000 5,500,000
Mar-20 5,500,000 500,000 5,000,000
Apr-20 5,000,000 5,000,000

ANNEXURE “C”

COMPUTATION OF MONTHLY PAYABLE UNDER LEASE AGREEMENT

FROM TO Lease Rent (Rs)


(Rent effective) Payable by
lessee
01/11/2008 31/10/2009 517,081
01/11/2009 31/10/2010 517,081
01/11/2010 31/10/2011 517,081
01/11/2011 31/10/2012 594,643
01/11/2012 31/10/2013 594,643
01/11/2013 31/10/2014 594,6430
01/11/2014 31/10/2015 32442
01/11/2015 31/10/2016 395661
01/11/2016 31/10/2017 467959
01/11/2017 31/10/2018 541097
01/11/2018 31/10/2019 615313
01/11/2019 30/04/2020 685333
01/05/2020 31/10/2020 709324
01/11/2020 31/10/2021 737697
01/11/2021 31/10/2022 767205
01/11/2022 31/10/2023 797893