LEAVE AND LICENSE AGREEMENT.

THIS AGREEMENT OF LEAVE AND LICENSE is made and entered into at Mumbai thisBETWEEN.S/ois Indian Inhabitant of Mumbai, having Office address at :, hereinafter called as THE LICENSOR (which expression shall, wherever the context so requires or admits, mean and include his legal heirs, executors, administrators and permitted assigns) of the One Part: AND M/s.., having office address at, represented by its authorized representative Mr.. hereinafter called as THE LICENSEE (which expression shall, wherever the context so requires or admits, mean and include its all stake holders, Officers, and administrators and successors, permitted assigns) of the Other Part.
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WHEREAS the Licensor is seized and possessed of the Premises, admeasuring about Ground floor Sq. Ft., first floor Sq. Ft with mazement situate at : , hereinafter referred as " Premises" AND WHEREAS the Licensee being in need of Premises have approached the Licensor with a request to give on Leave and License basis the said Premises for occupation and use of commercial activities by the Licensee, for which request the Licensor has agreed. NOW THIS AGREEMENT OF LEAVE AND LICENSE THEREFORE WITNESSETH AND IT IS HEREBY AGREED BY AND BETWEEN THE PARTIES HERETO AS FOLLOWS: 1. 2. The License shall be for a period of .Years commencing from., 2012 to., 2018. The monthly Rent for the occupation and use of the said Commercial Premises shall be Rs. (Rupees ..Only) per month. The ..months monthly rent have been paid in advance of Rs. ..(Rupees ..Only) through vide Cheque No: Dated:..,2012 in favour of. The on completion of first nine months thereafter for every six months advance rent will be paid through out the lease period. The on completion of every year there will be an % increment in the monthly rent. The Licensee shall, throughout the term of the License hereby created, deposit and keep deposited with the Licensor as and by way of interest free Security Deposit a total sum of Rs. (Rupees Only) through vide Bank Cheque No: Dt .. 2012 in favour of at the time of signing of this agreement. The said security Deposit shall be refunded by the Licensor to the Licensee on the expiry or sooner termination of the License but alter adjusting therefrom towards unpaid electricity, telephone payments and unpaid the monthly rent if any in respect of the Licensed period in respect of Premises. In addition to the monthly rent, as stipulated above, the Licensee shall pay for the electricity, water, telephone. used in the premises as shown by separate meter and as billed by the concerned Firm/Competent Authorities in each. However, the Licensor will pay Property related taxes or any other taxes or charges levied by the Government Authorities in respect of the said premises. The Licensor has "No Objection" for the installation of telephone, internet connection, other statutory registration like Sales Tax, and other Government registration required or to be applied by the Licensee with the Government Authority or Authorities concerned. All the necessary documents if required pertaining to the premises will be provided by the Licensor to be Licensee. However, all the cost and expenses thereof shall be borne and paid by the Licensee only. All the legal and financial liabilities will be born by the Licensor only pertaining to above mentioned registration and expenses. The Premises shall be used for commercial activities for the storage and selling of leather and synthetic footwear, bags, luggage, footwear components and footwear accessories. However, the same premises will be used for Godown and Office
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purpose also and for any Industrial activities legally permitted under the law.
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The Licensee undertake not to carry on in the premises any act, which is illegal, unlawful and contrary to the laws of the land. The Licensor shall not be responsible for any unlawful or illegal activity carried out with the premises by the Licensee. It is hereby specifically recorded that the Licensee shall not and will not be deemed to be in full or exclusive possession of the said Premises and the use and occupation of the Licensee will be permissive as a bare only and this agreement shall not in any manner be considered as any lease, sub-lease, tenancy, sub-tenancy or confer any right, title or interest, whether legal or equitable or beneficial or of whatsoever nature in the said premises shall always remain and be deemed to remain in full and absolute ownership and in possession of the Licensor. The Licensee shall keep the interior of the premises, fixtures and fittings, including electrical, sanitary and plumbing fixtures therein, if any, in good condition, however owing to the use of premises, the reasonable wear and tear including painting will be there in the premises and its fixture which will be acceptable to the Licensee at the time of handling over the premises by the Licensor. The Licensee shall not be responsible for any damage by tempest, earthquake, fire, military, mob violence, act of God or any other accident due to irresistible force beyond the control of the Licensee. The Licensee shall not make any structural alterations of any kind and also not erect or build or permitted too be erected or built on the said premises any constructions without the prior permission in writing of the Licensor. The Licensee shall not do any act or deed which may cause nuisance and annoyance to the Licensor or to other occupants of the premises in the building wherein the premises are situated. The Licensor shall not be responsible or liable for any theft, loss, damage or destruction of any property of the Licensee or of any other person lying in the said premises not for any bodily injury or harm to any person in the premises from any cause whatsoever. The License hereby granted is for the Licensee and the Licensee shall not assign, transfer or part with the possession of the said Premises or any portion thereof to any other person or party. The Licensee shall not any time put any claim of tenancy or sub-tenancy or any other right or title in or in respect of the Premises under any law presently in force and any laws which may be enacted hereafter and this Agreement shall not be construed to create any such right whatsoever in favour of the Licensee. The Licensor shall at all time have the right to enter upon the said premises after giving a reasonable in advance intimation in writing during the working hours for the purpose of inspection or otherwise and inspect the premises in the presence of the Licensee or its authorized representative At the time of the Licensee vacating the said premises, the Licensee shall be entitled to remove all items of machinery, equipments, goods, furniture, and fixtures and fittings belonging to the Licensor and brought into the said premises from time to
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time. 17. On the termination of this Agreement by notice as aforestated, or on the expiry of the agreement period. The Security Deposit along with the refund of monthly rent balance if any remained with the Licensor will be refunded to the Licensee by the Licensor strictly just at the time of handing over the physical possession back to the Licensor and vacate the said premises simultaneously. In case the Licensor is unable to return the full security Deposit on the date of handing over and along with refund of paid rent being the termination period of vacating the premises by the Licensee to the Licensor, in that case possession will be retained by the Licensee till the Security Deposit is returned and for this period of retention no monthly rent will be payable to the Licensor by the Licensee however at the time of vacating the premises. The Licensee shall be entitled to during the subsistence of this Agreement terminate this Agreement by giving to the Licensor a Sixty days notice in writing, and this Agreement will stand terminated on the expiry of the said period of notice from the date of giving at the notice. The possession of the premises has already been handed over to the Licensee as per Annexure No. 1 in duplicate enclosed along with the Agreement, which contains the lists of fixtures and fittings in the premises duly signed by both the parties giving time and date of handing over the physical possession of the premises to the Licensee by the Licensor in the presence of two witnesses. One copy each of the Annexure I mentioned herein will be kept safe by both the parties till the time of expiry of the License.

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IN WITNESS WHEREOF both the Parties hereto have ready and agree on all the terms and conditions and subscribed their respective signatures the day, month and the year hereinabove written in presence of witnesses. SIGNED SEALED AND DELIVERED By the withinnamed LICENSOR SIGNED SEALED AND DELIVERED by the withinnamed LICENSEE. FOR.. () Authorized Signatory LICENSEE In the presence of Witnesses 1. Name: __________________ S/o: ____________________ Address: ________________ ________________ ________________ ________________ Date: Place:

() LICENSOR In the presence of Witnesses 1. Name: __________________ S/o: ____________________ Address: ________________ _________________ _________________ _________________ Date: Place:

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