PREMISES LEASE AGREEMENT THIS AGREEMENT of Lease made on this................................................Day of.............................20.. at............................... BETWEEN Mr./MS........................................................S/D/W of Mr. ...........................................

Aged about .. years, residing at ................................................................................, hereinafter referred to as the LESSOR (which expression shall, unless repugnant to the Law or expressly excluded by context, be deemed to be and to include his/her heirs, Legal representative, successors, executors, administrators and assigns) AND THE KARUR VYSYA BANK LIMITED, a Scheduled Commercial bank incorporated under the Indian Companies Act, 1913 and having its Registered Office at Erode Road, Karur - 639002 in the State of Tamilnadu, and having one of their Branches/ Offices at ....................; represented by its AUTHORISED SIGNATORY Mr/MS.., hereinafter referred to as the LESSEE. The LESSOR and the LESSEE are hereinafter collectively referred to as the PARTIES. WHEREAS the Lessor is the absolute owner of the property/properties situated at ........................................... referred to in the Schedule hereunder in more detail (hereinafter referred to as the Leased Premises), having purchased/ acquired the same under a registered........................deed dated ...........which was registered as document No......................on the file of Sub-Register of Assurance......................and the Lessor is absolutely seized and possessed of or otherwise well and sufficiently entitled to the Leased premises; WHEREAS the Lessee is desirous to take on lease, the scheduled property, together with amenities & appurtenances thereto, for their use; WHEREAS, the Lessee agreed to take on lease and the Lessor has agreed to let out on Lease, . sqft/sqmts of space or thereabouts, in the scheduled premises along with the amenities, appurtenances thereto, including the rights over the approach passage, stair cases, lifts, parking areas, frontage , other common areas and the right to installation of the Name Board/advertisement boards, etc, which are necessary for the proper enjoyment of the Leased premises, for establishing and running their branch/offices on the said premises, on the terms and conditions are stated hereunder : NOW THEREFORE THIS AGREEMNT WITNESSETH AND IT IS AGREED BETWEEN THE PARTIES AS HEREUNDER:

A) LESSEES COVENANTS:The Lessee hereby covenants with the Lessor as follows: 1. 2. To lease the demised premises for a period of .. years certain, on the terms and conditions herein contained. To pay monthly rent for occupation of the space/premises at Rs................... (Rupees. only), calculated at Rs per square feet of carpet area to the extent of sft. hereby reserved, on or before the 7th day of the following English calendar month. The monthly rent along with Service Tax as stipulated shall be paid subject to deduction of applicable Income Tax at source, for the time being in force. The rent payable shall be enhanced by ..% once in every .. years. Accordingly, the rent payable for the lease period shall be as follows: TERM 1st term Date from Date upto Rent amount (Rs. p.m)

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That all payments to be made to the Lessor in respect of this Lease Deed shall be made only by separate Pay order /D.D payable at ............favouring the Lessor OR the said amount will be credited to the Current/SB A/c No..maintained by the Lessee with Lessor as per instructions. The Lessee shall use the Leased premises only for their business purpose and use the same only for their own occupation. The Lessee shall not carry on or permit to be carried on the Leased premises or any part thereof, any offensive or dangerous trade or business or occupation, or commit or permit to be committed on the Leased premises anything which may amount to be a public nuisance to the neighbours or to the other tenants of the said property, nor to bring or store or permit to be brought or stored in the Leased premises any goods, articles or things of hazardous, inflammable or combustible in nature or to carry on in the Leased Premises any illegal activity. However storage of chemicals required for the day today cleaning purpose and LPG for cafeteria, fuel for the generator are exempted. To maintain and keep the interior of the Leased premises and the Lessor's fixtures and fittings therein in clean and sanitary condition.

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To execute and to do at its own expense all petty repairs like breakages of doors, windows, door and window shutters, panes and the like interior repairs or dilapidations which are not due to fair wear and tear and ordinary depreciation and to keep and maintain in good working order at its cost and expenses during the said term, the electric installation and the light and fan points and switch boards and general wiring. Not to cut, maim or injure any walls or permanent fixtures of the Leased premises - to make any structural alterations or additions in the internal arrangement or in the external appearance of the Leased premises, without the previous consent in writing of the Lesser PROVIDED however that the Lessee shall be at liberty without any such consent as aforesaid to construct, fix or erect in or upon or fasten to the Leased premises, trade or tenants fixtures like ATM Machines, counters, partitions, glass doors, invertors, electricity generators, office fixtures and fittings, air-conditioners, and electric lamps and fans, switch boards etc., as shall be required by the lessee and which shall be easily removable without in any way causing damage to the Leased premises and the Lessee to make good all damage that may be caused by such removal. The LESSEE shall not sublet, assign or otherwise part with the possession of either a part or the whole of the Leased premises without the previous permission consent in writing of the Lessor. However the above clause shall not apply to the sister concerns and associate companies of THE KARUR VYSYA BANK LIMITED. The liability of the Lessee to pay rent shall continue to remain with the Lessee in case of such consent is given. To permit the Lessor or any person or persons, servants or agents or workmen deputed by him to enter upon the premises during the said term excluding all holidays, at all reasonable hours during the day time, after giving 24 hours previous notice in writing to the Lessee of their desire so to do, for the purpose of either viewing the state and condition of the said premises or for taking inventories of the Lessor's fixtures therein or for doing such other work and things as may be required for any repairs, alternations or improvements etc., At the expiration or earlier determination of the Lease, the Lessee shall, peaceably and quietly yield up and deliver the Leased premises in good tenantable repair and condition (reasonable wear and tear exempted) to Lessor, as stipulated in the lease deed. The Lessee shall have the right to make additions or alterations in the Leased premises to suit the latest trends in business such as to put up wooden partitions, counters and other furnitures and fittings, not of permanent nature and the Lessee shall be entitled to dismantle and remove all these structures at the time of termination of lease. The Lessee shall not make any structural alterations of permanence to the building.

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To observe and perform all rules, regulations and bye-laws of the Society or Association of Owners as and when formed as also all rules, regulations, notifications, requirements or directions of the Government or any other Authority.

B) LESSORS COVENANTS The Lessor hereby covenants with Lessee as follows: 1. The Lessor shall provide necessary amenities to the Leased premises which would make the premises in tenantable condition, at his own cost, including providing parking spaces as agreed upon, power supply with a separate III Phase electricity service connection of .... KVA for utilization by the Lessee at the Leased premises. The monthly bills for electricity consumption shall however be paid by the Lessee based on the meter reading/bill. The Lessee may, if required, acquire additional electricity connection/load by paying the additional deposit amount to the appropriate authority. The LESSOR shall give consent and also co-operate with the LESSEE in obtaining such additional electricity connection/load. At the time of termination of the lease, the LESSOR shall co-operate with the LESSEE in obtaining refund of such additional deposit amount OR in the event the LESSOR wishes to retain the additional load, the LESSOR shall refund the deposit amount to the LESSEE. If separate electricity meter/ connection is not provided to the demised premises for the exclusive use of the Lessee, then Lessee would pay the monthly electricity consumption charges to the Lessor based on the submeter readings and it is the sole responsibility of the Lessor to ultimately pay the charges to the Electricity supply authorities without delay/default. 2. To provide separate good quality sanitary blocks (two toilets-one western and one Indian type) with flush and with wash basin with adequate water connection as required by the Lessee and to maintain adequate supply of water to all parts of the Leased premises where provision has been or shall be made for the same and to maintain in good order and repair all pumping and other machinery required in connection with the water supply PROVIDED that the Lessor shall not be liable for any failure on the part of the municipal or other authorities from whom the supply of water may be obtained in the ordinary course or from any accidental break-down of the plant PROVIDED early steps are taken to rectify the latter. The water shall be supplied free of charges. The Lessor shall keep the exterior of the leased premises and the stairs and passages leading thereto well and sufficiently clean and lighted and to execute all structural and heavy repairs. The Lessor would be responsible for paying all the statuary and other mandatory taxes relating to the leased property.

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The Lessor hereby assures that the property leased is not hit or adversely attracted by any statuary provisions/ restraint /acquisition /demolition/recovery proceedings of central, state or local Government or municipal bodies and the Lessor is aware that the Lessee is taking the lease based on this assurance. The Lessor shall allow the Lessee the quiet possession and enjoyment of the leased premises during the period of the Lease or any extension hereof without any interruption and disturbance. The Lessor hereby represents and covenants that he/she is fully entitled to execute this lease agreement and will always hold the Lessee free and harmless of any demands, claims, etc or proceedings by others in respect of the quiet possession and enjoyment of the leased premises and if any loss is suffered by the Lessee due to this reason, the same will be duly compensated by the Lessor. The Lessor has good and marketable title to the demised premises without any encumbrances/disputes or claims and is in peaceful possession of the Leased Premises and has the full right, absolute power and authority to deal with the Leased Premises and the Lessor has obtained all the necessary statutory permissions, approvals, sanctions and clearances including Occupancy Certificate as may be required. No other person has any right, title or interest in the premises. To permit the lessee to put up, affix, display and display and maintain such sign-boards, placards, posters, advertisements, neon signs, VSAT equipments & Solar panels at the terrace, computers, outdoor units of AC machines, Electricity Generator etc., and other publicity matters of whatever kind and description; both inside and outside the Leased premises; of such forms, character, sizes or design and on such places as the lessees pay all taxes, if any, in this behalf. The Lessor has not entered into any arrangement and/or agreement for the sale, lease, license, etc. in respect of the demised premises or any part of the same, and the same is free from lis-pendens, all encumbrances, attachments, acquisition or court proceedings or charges of any kind. The Lessor shall co-operate with the Lessee by way of issuing NOCs, providing any documents in connection with the Leased Premises and/or the building in which the same is situated to the Lessee, etc. to enable the Lessee to get the Leased Premises registered under the provisions of the various laws as applicable and to enable the Lessee to have infrastructure providers such as utility and telecom providers install their equipment as may be required by the Lessee. The Lessee paying the rent and other charges payable, if any, regularly and duly observing and performing the terms and conditions herewith, shall be entitled for a quiet and peaceful possession and enjoyment of the Leased Premises during the Lease tenure, without any obstructions interruption or disturbance from the Lessor or any person claiming through or in trust for the Lessor or otherwise.

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The Lessor shall paint the interiors of the leased premises at the time of expiry of each term of .. years, at his/her own cost and expense, with good quality plastic emulsion paint. The Lessor shall, at his/her own expanses, maintain and keep-in repair the drains, sewers and lanes (gullies) leading from the said demised premises in accordance with the Municipal Act, Fire Safety Department and the bye-laws there under for time being in force without requiring any notice in that behalf from the Lessee.

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C. Other Mutually Agreed Terms: It is further agreed by and between the Lessor and the Lessee as follows: 1. In case of violence due to war or civil commotion or fire accident, storm, tempest, flood, earthquake or any inevitable accident or any other irresistible force or an act of God (not being an act or omission on the part of the Lessee, its agents, servants etc.) causing damage to the Demised Premises or part thereof to an extent that prohibits/prevents the Lessee from occupying the Leased Premises or part thereof, the Lessor will restore and reinstate the Leased Premises within a period of three (3) months or such reasonable time as may be mutually agreed upon by the parties, at their own expenses and during which time the Lease rent or proportionate part thereof shall remain suspended until the Leased Premises is restored and reinstated and made ready for use and occupation of the Lessee provided always that if the Leased Premises is not restored and reinstated and made ready for use and occupation within a period of three (3) months or any extension thereof as required from the date of the happening of any of the aforesaid events, the Lessee shall be at liberty, without prejudice to its rights under any provisions of this Deed, to terminate the Lease in writing and thereupon this Deed shall stand terminated without prejudice to any claim by either party against the other in respect of any breach of terms and conditions of this Deed. The Lessee shall be wholly responsible for the security of the leased premises and for the machines, goods and other property kept in the leased premises. The Lessor is responsible for taking proper insurance for his/her building property. In the event of the Lessee vacating the premises either during the pendency of the lease or after the termination of the lease as the case may be, the Lessee is entitled to remove all the glass doors, panels, partitions, furniture and fittings, all the safe deposit vaults kept inside the strong room inclusive of the strong room door and in case if any doors / windows are to be removed to enable removal of the said furniture and fittings from the strong room or from the premises, then the Lessee shall at his own cost remove such furniture and fittings. However, replacing such windows, doors etc., will be at the cost of the Lessee.

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That all cost, charges, and expenses and incidental to this lease and duplicate thereof including stamp duty and registration charges, shall be borne and paid by @. Payment of rent shall commence from *. The Lessor shall be liable for payment of property tax or any statuary or other dues/taxes relating to the property. The Lessor shall provide to the Lessee proof of payment of all the statuary dues to the authorities concerned as and when required and demanded by the Lessee. The Lessee, at their sole option, can terminate the lease agreement by giving 90 (NINETY) days advance notice in writing to the Lessor, notwithstanding what is contained in the clause No. A-1 of this agreement. Any notice under this agreement shall be in writing and may be sent in person or by Registered Post /Speed Post and/or by Courier, by either party, to the address mentioned in the agreement or such other addresses as may be intimated from time to time. The proof of such sending shall be deemed as sufficient service to the parties. In the event the Lessor, during the subsistence of the Lease, wants to sell or otherwise dispose off or encumber the Leased Premises in whole or in parts in any manner whatsoever, the Lessor agrees that such transaction shall be subject to and without prejudice to the Lessee's leasehold rights. The Lessor agrees and confirms that in the event of any such sale etc., the Lessor shall provide intimation to the Lessee of the same and ensure that the new arrangement or encumbrance is not prejudicial to the interest and rights of the Lessee in any form or manner. The Lessor shall ensure that the rights of the Lessee under this Deed of Lease are not adversely affected or curtailed by virtue of any such transfer. Lessor further covenants to incorporate the details of the Lease, in the sale/mortgage/transfer deed etc. and bring it to the notice of purchaser/transferee/mortgagee. Each Party hereby indemnifies and shall keep fully saved, harmless and indemnified the other party from and against all actions, suits, proceedings, losses, damages, costs, charges, expenses and other liabilities brought against, suffered or incurred by the other party by reason of any breach, nonperformance or non-observance by the party of any of its obligations under this Deed. The Lessor shall indemnify, keep indemnified, defend and hold the Lessee and/or its Lessees, if any, harmless from and against any and all claims, losses, damages and associated legal expenses, reasonable re-location expenses arising out of or relating to any dispute in respect of the title of the Lessor in the Leased Premises and/or relating to the occupation and usage of the Leased Premises by the Lessee and/or any misrepresentation or breach of representation or warranty made by the Lessor under this Deed.

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In case due to non-payment of any cess, Tax, etc. levied by the Municipality/Corporation/Local Body, by the Lessor for the Leased premises and any occupier notice/Demand is served on the Lessee demanding payment of such Cess/Tax then, after giving formal notice/information to the Lessor, the Lessee can pay the Cess/Tax so demanded. The amount so paid can be adjusted in the rent payable by the Lessee to the Lessor. Further, the amount so paid is to be treated as a deemed loan and the Lessor is liable to pay interest at the 18% rate of interest p.a. The Lessee shall not be responsible for the maintenance of the building such as whitewash in common areas, outer area of the leased premises, painting periodically as and when necessary. At the time of vacating the premises the Lessee shall handover the vacant possession of the premises to the Lessor in the same condition in which it was let out, subject to normal wear and tear out of usage and acts of God. Other than the permissions/ approvals/ obligations required to be obtained/fulfilled by the Lessor statutorily and/or otherwise under this Deed, the Lessee shall procure and obtain at their cost, charges and expenses all permissions/approvals and consents required from any Statutory, Local or Public Body or Authority to conduct their business in the Leased Premises; However, the Lessor assures to render all co-operation and assistance to the Lessee for obtaining such sanctions/permissions from the concerned authorities. It is mutually agreed that only the Courts at..shall have exclusive Jurisdiction to try any suit or other legal proceedings in respect of any matter, claim or dispute arising out of or in any way relating to this Agreement. The Lessee shall keep the original of this Agreement and the Lessor shall keep the counterpart thereof. This agreement supersedes all other agreements, letters of offer/acceptance, MoU, any correspondence entered into or exchanged between the PARTIES earlier. This agreement alone shall be final, conclusive and binding on the PARTIES.
SCHEDULE OF PREMISES

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Plot/Door/Shop/Bunglow No. Extent/Carpet area/ Built up area/ Floor No. Stage/ Sector/ Ward/ Block No. Building/Society Name Street Name/No. Village/Town/City Taluka/Tehsil District State/UT PIN CODE

Bounded on the NORTH by SOUTH by EAST by WEST by

IT WITNESS WHEREOF, BOTH THE PARTIES HAVE SET THEIR HAND WITH SEAL AND EXECUTED THIS AGREEMENT ON THE DAY, MONTH AND YEAR FIRST ABOVE WRITTEN.

LESSEE FOR AND ON BEHALF OF KVB AUTHORISED SIGNATORY

WITNESSESS: 1) 2)

LESSOR

--------------------------------------------------------------------------------------------------------------------------------------@ choose what is required a) by the LESSOR and LESSEE on 50:50 basis OR b) by the LESSEE * choose what is required

a) the date of this Agreement or b) from the date on which the Leased premises is made ready for use and occupation after completion of civil and allied works including power connection, c) on a date which is decided and notified on mutual consent between both parties.
# choose what is required and delete the others

RECEIPT FOR SECURITY DEPOSIT Received a sum of Rs. ................../- from THE KARUR VYSYA BANK LIMITED ...........................................................by way of Bankers cheque/D.D/Pay Order Nodt, drawn on........................... bank, payable at. , towards interest free refundable security deposit paid pursuant to the lease agreement dated under which I/We have agreed to lease out the schedule premises to THE KARUR VYSYA BANK LIMITED. The entire security deposit will be refunded by way of cheque/D.D/Pay Order to THE KARUR VYSYA BANK Ltd. simultaneously on the handing over of vacant possession of the Leased premises. I/We further agree not to retain or hold back or refuse to refund, full or any part of the security deposit, eventhough I/We may have any claims or cross claims against THE KARUR VYSYA BANK Ltd related to the leased premises or otherwise. In the event of failing to refund the said security deposit amount at the time of vacation, I/we undertake to pay interest @ 18 % per annum on the security deposit amount, from the date of handing over vacant possession of the building by THE KARUR VYSYA BANK Ltd, till the date of actual repayment of the amount.
SCHEDULE OF PREMISES

Plot/Door/Shop/Bunglow No. Extent/Carpet area/ Built up area/ Floor No. Stage/ Sector/ Ward/ Block No. Building/Society Name Street Name/No. Village/Town/City Taluka/Tehsil District State/UT PIN CODE

Date:

xxx (Lessor)