AGREEMENT FOR LEASE OF LAND THIS DEED OF LEASE …

1 1 AGREEMENT FOR LEASE OF land THIS DEED OF LEASE made at _____ on the ____ DAY OF _____ between Andhra Pradesh Industrial Infrastructure Corporation Ltd., a company registered under the Indian Companies Act., 1956 and having its registered office at Parishrama Bhavan, 4th Floor,5-9-58/B, Fateh Maidan Road, Basheerbagh, Hyderabad 500004, India (hereinafter referred to as the LESSOR represented by _____ aged about ____ years, Zonal Manager, _____which expression, unless repugnant to the context or meaning thereof, will include its successors and assigns).

2 AND For proprietory concern i) Sri_____ Son of / wife of _____aged about _____ R/o _____ carrying the business as proprietor under the name of the style of at _____ For partnership concern a partnership concern as per partnership dated _____ registered under partnership Act with the Registrar of Firms vide carrying the business under co-partnership with the following partners. i) Sri_____ Son of / wife of _____aged about _____ R/o _____ ii) Sri_____ Son of / wife of _____aged about _____ R/o _____ For private limited concern M/s. _____a company incorporated under the companies Act 1956, and having its registered office at _____hereinafter referred to as the LESSEE represented by its Chairman Cum Managing Director _____ s/o _____aged about ___ years resident of Flat _____, Authorized signatory as per the Resolution passed by the Board of Directors , (which expression unless repugnant to the context or meaning thereof, shall include its successors and assigns).

3 WHEREAS upon the application of the LESSEE, the LESSOR has allotted the Plot measuring _____ (or) _____ situated at Industrial Park/Industrial Development Park/Mega Industrial Park_____on long LEASE basis for period of 99 years, which is described in the schedule under, as per Provisional Allotment Order , Dt:_____ and Final Allotment _____, Dt_____ of the Zonal Manager, APIIC, _____ on the terms and conditions below stated. 2 WHEREAS the vacant possession of the above mentioned land will be delivered to the LESSEE separately.

4 Now these presents witnesses and it is hereby agreed as follows: The LESSEE has as a condition precedent to being placed in possession of the Plot allotted made the total payment of the tentative upfront cost of plot fixed at _____ (Rupees _____ Only) at the rate of _____/- (Rupees _____ Only) Per Sq. Meter for _____ for establishment of _____. And WHEREAS it has been agreed by and between the LESSOR and LESSEE hereto that the stamp duty and registration charges, if any, shall be borne and paid by the LESSEE. NOW THIS DEED WITNESSETH AS FOLLOWS: 1. The tentative upfront cost for the land allotted is per The total upfront cost of the plot/ land works out to ( ).

5 2. The LESSEE should also pay the annual LEASE rent @ Rs. 1-00 per , subject to a minimum of Rs. 1000-00 acre and a maximum of Rs 10,000/ or as fixed/revision from time to time by the Corporation and applicable taxes. 3. That the plot/ land has been allotted to LESSEE by LESSOR for setting up of unit .. and the same falls in Micro/Small/Medium Enterprises, Large Projects/Mega Projects of the APIIC Allottment Regulations-2015. The allottee / LESSEE shall implement the said project and commence commercial production within _____ years of handing over of possession of the land .

6 4. AGREEMENT for LEASE is being given to the LESSEE for implementation of the project. The project implementation period mentioned above shall be adhered to scrupulously, however in the event of delay beyond the control of the LESSEE basing on genuine reasons with recorded proof of documents submitted by the LESSEE, the same will be examined for extension of time and for such period and subject to such terms and conditions as fixed by the Corporation. If within the period mentioned above from the date of final allotment and taking possession of the plot/ land the project is not implemented or the period of extension is not granted by the LESSOR the allotment made , shall stand automatically cancelled and the Corporation shall have a right to resume possession of the subject plot/ land .

7 5. After implementation of the approved project only, LEASE Deed for 99 years, will be given in favour of the LESSEE. Appropriate stamp duty & registration shall be borne by the LESSEE. 6. The LEASE of the plot shall at no point create any ownership rights in favour of the LESSEE and the ownership of the land shall remain with the LESSOR. 3 7. The Leased land / plot shall not be transferred or conveyed to any other person(s) or otherwise dealt or disposed before the implementation of the project. However change in constitution as per the Allotment Regulations may be considered for raising of finances before implementation but with prior permission from LESSOR.

8 Any change in the constitution / transfer of the LEASE concern/entity after the implementation can be with prior necessary approval to be obtained from the LESSOR, which may be considered subject to payment of process fee and also such terms and conditions as may be specified. 8. If the LESSEE commits breach of any conditions, the allotment of LEASE stands cancelled and the LEASE AGREEMENT will be terminated without any notice thereupon and will be treated as an encroacher and trespasser or liable for civil and criminal action. 9. The LESSOR has right to cancel the LEASE allotment whenever, it was found that the land is not utilized by the LESSEE for the purpose for which it was allotted.

9 Consequent upon cancellation, LESSOR has a right to allot the subject land for any needy entrepreneur. 10. The LESSEE shall not directly or indirectly transfer, assign, sell, encumber or part with his interest in its business in leased land either in part or in whole in any manner whatsoever, or sublet, underlet or part with the possession of the leased land and buildings without obtaining prior written approval from LESSOR at any time during the LEASE period. It shall be open to the LESSOR to grant or refuse approval or impose any conditions, if considered necessary and desirable.

10 11. The LESSEE should abide with the Allotment Regulations 2015 of LESSOR and also abide to any other terms & conditions as communicated by the LESSOR from time to time. In case any question arises on any interpretation on the Allotment Regulations-2015, the decision of the LESSOR shall be final and binding on the LESSEE. 12. Only on the implementing the scheme by the LESSEE and going into commercial production as per the project envisaged in the allotted plot/shed/ land , the LEASE deed will be executed and registered. 13. The LESSEE agrees and assures that they will not request for execution of LEASE deed until project is implemented as detailed above.