SITE ID – BAN840-IN-1019920

Aug/2021/Airtel/Rnl/36
LEASE DEED

THIS LEASE DEED (“Lease Deed”) is made at Bangalore on this 11th day of August, 2021,

BY AND BETWEEN

Mr.KRISHNAPPA.M, aged major, residing at Heggondahalli, Gunjur Post, Via Varthur, Bangalore-560 087, hereinafter
referred to as “Lessor”, (which term or expression shall unless otherwise excluded by or repugnant to the subject or
context hereof be deemed to mean and include his agents, permitted assigns, representatives, legal heirs, successors
etc.) of the ONE PART;

AND

INDUS TOWERS LIMITED. (formerly known as Bharti Infratel Limited) a company incorporated under Companies Act,
1956 having its circle office at No 12, Subramanya Arcade, Tower D, 7th Floor, Bannerghatta Road, Bangalore – 560029,
and registered office at Building No. 10, Tower A, 4th Floor, DLF Cyber City, Gurugram-122002, Haryana, India, through
its Authorized Signatory, Mr. JAGADEESH T HUGAR, hereinafter referred to as the “Lessee”, (which term or expression
shall unless otherwise excluded by or repugnant to subject or context hereof be deemed to mean and include its agents,
permitted assigns, representatives, successors, group companies, subsidiaries and associates), of OTHER PART. The
Lessor and Lessee are hereinafter collectively referred to as “the Parties” and severally as “the Party”.

WHEREAS:

(A)The Lessor had entered into an Agreement of Lease dated 28.04.2006, with M/s.Hutchinson Essar South Limited
with, for a period of initial period of 15 (Fifteen) years commencing from 15/05/2006 & expiring on 14/05/2021.

(B) Lessee is a registered Infrastructure Provider, category-1(IP-1) by virtue of registration granted by the Department
of Telecommunications, Ministry of Communications & IT, Government of India, and is engaged in business of
establishment, maintenance and provision of telecommunication infrastructure, which inter alia includes providing
towers and other allied equipments and leasing of antennae sites on multi tenant sharing basis, to various telecom
service providers including cellular service providers.

(C) Lessee is interested in obtaining premises from Lessor on lease basis, inter alia, for the purpose of establishing,
constructing, installing, operating, maintaining and storing various kinds of cell sites, structures, transmission
towers/poles with single or multiple antennas, with or without RCC beams/columns etc., civil/pre-fabricated equipment
shelters, earthing connections to antenna, generator, equipments, laying of optical/electrical/copper cables to ground,
lightning arrestors, and aviation lamps, necessary cabling and connectivity to each antenna, generator, equipment, and
space for installation of electricity meter and power connectivity etc., network equipment (such as radios, batteries,
antennas, cables including optical/electrical/copper cables, etc.), ducts, fibres and other assets (“Equipments”) in order
to provide the same on lease/rent/sale basis to various telecom service providers like Airtel, Idea, Vodafone, BSNL,
Aircel, Reliance etc. in furtherance to its above stated business (the “Business”);

(D) The Lessor has represented to the Lessee that he is the absolute and bonafide owner, has a clear and marketable
title and is legally entitled to lease out the premises, comprising of a building, (“Demised Premises”), more particularly
described in the Schedule and the site plan attached to this Lease Deed herewith as Annexure-I. The Demised Premises
is constructed over a plot of land, situated at Sy.No.77, Heggondahalli, Gunjur Post, Bangalore-560 087, (“Land”),
acquired Through a virtue of inheritance.
(E) Based on the written as well as oral representations, assurances and warranties of the Lessor, the Lessee has
accepted to take on lease the Demised Premises together with all rights, easements and appurtenances attached
thereto, including the right to use the common areas and facilities etc., along with the right of ingress and egress to all

[Indus Towers Limited] [Page 1 of 9] [Strictly Confidential]

common areas, and the Lessor has agreed to give on lease the Demised Premises as per detailed terms and conditions
as contained in this Lease Deed.

Now by this lease deed it is agreed between Parties as follows:-

1. LEASE: The Lessor hereby grants to the Lessee and the Lessee hereby accepts on lease from the Lessor, the Demised
Premises for carrying on its Business or such other activities as it may deem fit, without any hindrance by the Lessor.
The Lessor has handed over the physical vacant peaceful possession of and granted access to the Demised Premises
to the Lessee simultaneously on the signing of this Lease Deed and the Lessee may immediately commence and
carry out all types of construction, installations, fixations, fittings alterations, air-conditioning, cabling, ducting,
flooring, and set up and install its tower, Equipments etc. in the Demised Premises as per its sole discretion and
requirements from time to time.

2. TERM: This Lease Deed is for a period of 05(Five) years commencing from 01.05.2021 to 30.04.2026 (“Term”). Any
renewal, after the expiry of the Term, shall be with the mutual consent of the Parties. At each renewal, a fresh lease
deed shall be executed, stamped and registered, on mutually agreed terms.

3. RENT & SECURITY DEPOSIT:

3.1. In consideration of the Lessor granting on lease the Demised Premises to the Lessee, the Lessee has agreed to
pay the Lessor a monthly rent of Rs.20,000/- (Rupees Twenty Thousand Only)(consisting of Base Rent of Rs.8053/-
, Airtrel Sharing Rent of Rs.2420/- and Renewal Hike Rs.9527/-), per month and which is including existing all
sharing/any rent Commencing from 01/05/2021. There shall be no Rent free period. The Rent shall be increased
by 10% at the expiry of every 3 (Three) years, over the last paid Rent. The Rent shall be payable monthly in advance
by the 10th day of each English calendar month vide Cheque/Demand Draft/Bank Transfer in favour of the Lessor.
The Rent shall be payable in the name of “Mr.KRISHNAPPA.M” subject to tax deductible at source. The Rent would
be inclusive of all present and future taxes, including property taxes, municipal taxes or any other statutory taxes
that may be levied by the State / Central Government. Further, the Lessor shall furnish to the Lessee, the receipts
towards the payment of Rent. The Lessor agrees and undertakes to complete all the registration formalities
simultaneously with the execution of this Lease Deed and in any case within 30 days from the date of execution
failing which the Lessee shall be entitled to withhold the Rent till the Lease Deed is registered and this will not
amount to breach of Rent payment obligation of the Lessee.

3.2 Lessee has already paid a sum of Rs.55000/- (Rupees Fifty Five Thousand only) as interest free refundable security
deposit (“Security Deposit”) receipt of which Lessor hereby acknowledges and entire amount of Security Deposit
shall be refunded to the Lessee simultaneously at the time of Lessee surrendering physical possession of Demised
Premises on the expiry or sooner determination or termination of this Lease Deed.

4. COVENANTS OF LESSOR: Lessor covenants with Lessee as follows:

4.1 The Lessor hereby permits the Lessee to install, erect, commission, establish and maintain on the Demised
Premises, including but not limiting to a) Equipments; b) Additional Antenna for the purpose of sharing with any
other telecom operators; c) Air conditioners; d) DG Set, or any other source or technology of producing energy; e)
Guard-room; and f) Temporary/semi-permanent shed for housing the generator and other equipment that may be
installed.

4.2 The Lessor expressly grants the Lessee the permission to lease/rent/grant the Equipments etc. installed at the
Demised Premises, for use of telecom operators and entities (“Associates”) and to enter into multi-operator
arrangements/agreements with the Associates, who shall provide or intend to provide telecom services. Further,
the Associates shall be entitled to use/install any of their equipments etc. in the Demised Premises. For the limited
purposes of this Lease Deed, all such equipments etc. shall be deemed to be the Equipments of the Lessee. No
additional permission shall be required nor any objection shall be raised by the Lessor, at any point of time, for the
above purpose, nor shall the Lessee or the Associates be liable to pay any additional compensation/ fees or other

[Indus Towers Limited] [Page 2 of 9] [Strictly Confidential]

 charges whatsoever. The Lessor shall have no objection for the transfer of the leasehold rights of the Lessee on
account of the Lessee’s merger, amalgamation, takeover, re-structuring or any other re-arrangement, and the
terms of this Lease Deed shall continue.

4.3 The Lessor hereby grants unconditional and unrestricted permission to the Lessee, Associates to whom the Lessee
has permitted to use the Equipments, its clients and to its associates etc. (“Lessee’s Representatives”) to engage
the services of vendors, contractors, engineers, supervisors, workmen, employees, authorized personnel, sub-
contractors, security guards, caretakers and other service providers etc, (“Third Party Contractors”) to erect, install,
commission, up-grade or change location of the Equipments, or such additional or alternate equipments etc. that
may be required from time to time at their own expense and cost, to dig trenches, gutters, chambers and carry out
all other plumbing, civil/mechanical and electrical works, to carry out repairs, maintenance, alterations etc. The
Lessor hereby provides unhindered ingress and egress, to the Lessee, Lessee’s Representatives and Third Party
Contractors, who shall be entitled to carry tools, tackles, heavy machinery, raw materials, cranes, anchorage
equipment, winches, pulleys, ropes, scaffolding, brackets, clamps, welding and cutting equipment etc. and to use
the same on the Demised Premises. The Lessor has also permitted the Lessee and Lessee’s Representatives to
display logos, signages, glow signs, hoardings etc. on the Equipments/ Demised Premises at no extra cost
whatsoever.

4.4 It is especially understood and agreed that the Equipments and other items, fixtures etc. installed by the Lessee
shall always remain, without exception, the Lessee’s property, and upon its expiration or early termination, or
otherwise the Lessee shall remove the same from the Demised Premises.

4.5 Lessee shall be entitled to connect its equipments with networks of other telecom service providers by routing
necessary cables, microwaves etc. The Lessee shall also be entitled to connect the optical/electrical/copper
cables/wires/fiber etc. through GI/PVC pipes etc. from outside the Demised Premises.

4.6 Lessee shall be entitled to an uninterrupted, unobstructed and unhindered access to and peaceful enjoyment of
the Demised Premises, throughout the Term of the Lease Deed. Notwithstanding anything to the contrary
contained herein, if there is any interruption or disturbance in the peaceful enjoyment of Demised Premises for
any reason whatsoever, no Rent or any other outgoings shall be payable by Lessee to Lessor for period of
interruption or disturbance.

4.7 In case Lessor or any third party, causes any hindrance or restriction or objects to the entry of the Lessee or Lessee’s
Representatives, or in case of any dispute with other occupants/ residents of the Building/premises or
neighbourhood, the Lessee shall intimate the Lessor about the same and the Lessor shall immediately remove or
cause to be removed all such obstructions, hindrance, interference, failing which the Lessor shall be liable to pay
losses on actuals, if any, suffered by the Lessee or Lessee’s Representatives. Further, in the event, any consent is
required from any neighbour or any other occupant of the Building or the Residents’ Welfare Association, then the
same shall be promptly obtained by the Lessor at its own cost.

4.8 The Lessor shall extend all co-operation and facilities to the Lessee and to do all that is necessary to facilitate the
Lessee in obtaining all clearances/certificates/permissions/ sanctions as may be required from all statutory,
government and municipal authorities, from time to time. In case the Lessor is required to appear before any
authority for obtaining any permission, sanction, NOC etc., he shall appear as may be necessary, upon intimation
being given by the Lessee.

4.9 If any renovation, repair, construction etc. is required to be carried out by the Lessor on or around the Demised
Premises, the Lessor shall serve a notice in writing at least 30 (thirty) days prior to such commencement, to the
Lessee. The Lessor and the Lessee shall in good faith discuss and agree on the measures to be taken by the Lessor
for the protection of the Equipments during the said renovation, repair or construction/demolition. Any additional
cost to be incurred for safeguarding the Equipments, shall be borne by the Lessor. The Lessor shall, at all times,
ensure that any such repair, maintenance or renovation etc. does not disrupt or damage the Equipments in any

[Indus Towers Limited] [Page 3 of 9] [Strictly Confidential]

 manner whatsoever. The Lessor shall not ask the Lessee to shift or relocate its Equipments to any other place. The
Lessee shall be entitled to post its own security guard(s) at such place, in or around the Demised Premises, as may
be necessary.

4.10 The Lessor shall ensure that the minimum required distance is maintained between the Equipments of the Lessee
and any other structure installed / proposed by the Lessor or third parties near the Demised Premises and the
Lessor shall ensure that such structures shall not cause any obstruction, hindrance to the Equipments installed by
the Lessee and Lessee’s Representatives. Further, the Lessor shall not install, cause, or allow to be installed on the
Building, any communication facilities/equipment, the placement or operation of which, in the judgment of the
Lessee, may interfere with the working of the Equipments.

4.11 The Lessee shall not be liable in any manner whatsoever for any injury or damage which may be caused to the
Lessor, or representatives of the Lessor or any other third party who may gain access to the Demised Premises and
unauthorisedly tampers or interferes with the Equipments installed by the Lessee or Lessee’s Representatives etc.
The Lessor alone shall be solely liable for any such mishappening including injury or damage that may be caused to
anyone.

4.12 The Lessor shall carry out all major structural repairs and maintenance of the Demised Premises during the Term
of the Lease Deed. Repairs and maintenance will be required to be done within four [4] days of the receipt of notice
from the Lessee in this behalf, failing which the Lessee shall be entitled to carry out such repairs at its own cost and
adjust the amount spent thereon against the Rent payable.

4.13 The Lessee shall not be liable to pay any Rent in the event, the Demised Premises, or any portion thereof becomes
unusable due to Force Majeure (defined hereinafter), or due to any action/order of any court or tribunal and act
of third party. Further, the Lessor shall ensure that no hindrance is caused for any reason whatsoever during the
construction of the cell site and thereafter during the continuance of the lease including uninterrupted,
unobstructed and unhindered access to the Demised Premises at all times to the Lessee/ Lessee’s Representatives
etc., however, in case of any default on part of the Lessor to adhere to any of the above conditions, the Lessee shall
not be obliged to pay any Rent for the such period the said default exists. The Lessor further hereby agrees to pay
a minimum fixed sum of Rs. 5,00,000/- (Rupees Five Lacs only) as quantified liquidated damages to the Lessee in
case the Lessee is compelled to remove its Equipments from the Demised Premises for any reason whatsoever,
attributable to the Lessor.

4.14 The Lessee shall be entitled to have all rights and entitlements conferred upon an Infrastructure Provider Category-
I (IP-1) under the Indian Telegraph Act, 1885 or any other applicable laws, rules or regulations framed thereunder.
The Lessor acknowledges that the services provided by the Lessee from the Demised Premises are essential and
public utility services and that the Lessee shall be entitled to all the rights conferred by law.

4.15 The Lessor shall indemnify and keep indemnified the Lessee and Lessee’s Representatives from and against any
and all claims, demands causes of action, obligation, litigation, liability, loss, damage, cost and expenses incurred
or sustained by reason of or arising out of (i) any breach or alleged breach by the Lessor of terms of this Lease Deed;
or (ii) due to any action or negligence on the part of the Lessor; or (iii) violation by the Lessor of any statute, law,
rule, bye law, notification or direction issued by Central, State or Local Authorities.

4.16 The Lessor shall bear all taxes past, present and future, including property taxes, fees and other Government or
statutory levies in relation to the Demised Premises, failing which, the Lessee shall be entitled to pay such amount
and to deduct the same from the Rent. The Lessor shall keep the Demised Premises adequately insured at its own
cost.

5. COVENANTS OF LESSEE: Lessee covenants with Lessor as follows:

5.1 To pay to the Lessor the monthly Rent, as per the terms of this Lease Deed. The Lessee shall also pay, the charges
for electricity and water, consumed in the Demised Premises, based on actuals. The Lessor shall provide separate

[Indus Towers Limited] [Page 4 of 9] [Strictly Confidential]

 electric meters for the purposes of the Lessee. The Lessee may apply for, obtain and install its requirement of power
directly from the concerned electricity authorities in its name or in the name of any nominee. The Lessor shall give
& sign required NOCs/other papers for the aforesaid purpose and allow the employees/workers of the concerned
electricity authorities or any other agency to carry out the work of installation of the electric meters or any other
necessary equipments. The Lessee shall have the right to install necessary cables, wires and equipment for the
purpose of transmitting the power supply from meters to its antenna and other equipments and generators,
without the permission of the Lessor. For this purpose the Lessor shall provide required NOC’s etc., sign all papers
and provide all other assistance required.

5.2 To carry out minor/day-to-day repairs and maintenance of the Demised Premises and other fixtures and fittings.
The Lessee shall ensure that no damage is caused to the Demised Premises during the installation of the
Equipments, reasonable wear and tear excepted & to keep its Equipments installed in the Demised Premises
adequately insured at its own cost.

5.3 To clear all dues including electricity dues, water dues, which are payable by the Lessee under this Lease Deed
before handing over the vacant and peaceful possession of the Demised Premises to the Lessor.

5.4 In the event, the Demised Premises is attached due to non-payment of any dues by the Lessor, then the Lessee
shall be entitled to pay the Rent to the concerned government authority, which shall be regarded as the compliance
under this Lease Deed, and the Lessee shall not be liable to pay the Rent to the Lessor.

6. REPRESENTATIONS & WARRANTIES: Lessor represents & warrants that:

6.1 There is no impediment/s whereby the Lessor is restrained from entering into / performing its obligations under
this Lease Deed. The Lessor represents that he is the legal, rightful and absolute owner of the Demised Premises
and is fully authorised to enter into this Lease Deed and grant the Demised Premises on lease to the Lessee.

6.2 The Demised Premises are free from all restrictive covenants, lis-pendens, acquisition and requisition proceedings,
minor’s claims, mortgage, lien, charge, or claims or encumbrances of any other nature whatsoever.

6.3 The Lessor shall provide all necessary documents and extend all necessary co-operation, assistance as required by
the Lessee from time to time to obtain licences/permissions from the concerned authorities to operate the Lessee's
business from the Demised Premises. The Lessor further represents that all necessary permissions/sanctions /
approvals from the concerned authorities have been obtained for the Demised Premises, and that the Demised
Premises is not prohibited from being used as per the requirement of the Lessee, and the Lessor further agrees to
indemnify and keep indemnified the Lessee, its directors, employees, agents etc., against all actions, claims,
demands, proceedings, expenses, damages, recoveries, judgements, costs, charges etc. by reason of any action or
proceedings, commenced or instituted in respect of Demised Premises, which may render the occupation of the
Demised Premises by the Lessee for the purposes of it's business as aforesaid as unlawful and as a consequence of
which the Lessee may be compelled to vacate the Demised Premises during the Term of the Lease Deed.

6.4 No director or employee of the Lessee or immediate family member thereof was offered and received any thing of
value of any kind from the Lessor or his employees, directors or agents in connection with this Lease Deed and
that no personnel of the Lessee have any business relationship of any kind with the Lessor or his directors,
employees or agents.

6.5 The Lessor having satisfied himself about the nature, usage, purpose, specifications, weight and dimensions of the
Equipments, to be erected/installed at the Demised Premises warrants to the Lessee that the Demised
Premises/Building is structurally strong enough to withstand the load of the Equipments and undertakes to
indemnify and keep indemnified the Lessee, its directors, employees, agents etc. for any loss caused to any third
party resulting from any weakness/defect in the structure/ Building/Demised Premises.

[Indus Towers Limited] [Page 5 of 9] [Strictly Confidential]

6.6 The Lessor has and shall continue to comply with all laws, bylaws, rules, regulations, orders, notifications,
directions, conditions of the Government whether Central, State, Local or Municipal with respect to the said
Demised Premises during the Term of this Lease Deed.

6.7 All taxes with respect to the Demised Premises have been paid by the Lessor, till date and the Lessor does not have
any liability for any past/accumulated taxes, or any interest or penalty in respect thereof, of any nature that may
be assessed against Lessee or become a lien against the Demised Premises.

6.8 In the event, the Lessee goes for excavation and/or sets up additional equipments or increases the height of the
Tower / Pole or utilizes more space for installing the Equipments in the Demised Premises, the Lessor shall have no
objection to the same and will not insist on increasing the Rent. Further, the Lessee shall bear the entire costs in
relation to such construction.

6.9 In case where Lessee incurs any loss due to misrepresentation by the Lessor including for any of the above
representations and warranties, the Lessor shall indemnify and will always keep indemnified the Lessee, its
directors, employees, agents etc., against all costs of shifting, replacement and relocation etc. to any other similar
premises and any other cost, loss or damage

The Lessee makes the following representations and warranties:

6.10 The Lessee is an entity duly incorporated and validly existing in accordance with the laws of India and has full
authority to enter into this Lease Deed. The execution of this Lease Deed is not prohibited by its constituent
documents or any applicable law or agreement to which it is a party.

7. RESTRICTION ON TRANSFER: It is agreed as follows:

7.1 The Lessor shall not transfer, directly or indirectly the Demised Premises in favour of any competitor of the Lessee
engaged in providing infrastructure services similar to that of Lessee.

7.2 In the event the Lessor mortgages/transfers/conveys all or any portion of the Demised Premises, or the
Land/Building thereof, to a third party and/or the Demised Premises and/or any portion thereof gets
conveyed/transferred by contract, operation of law and/or by order of any court/authority, or any other obligation
of the Lessor, to a third party such transfer/conveyance shall be subject to this Lease Deed and shall recognize and
accept the right(s) of the Lessee and upon the transfer/conveyance having been completed, the transferee shall
step into the shoes of the Lessor and all the rights and liabilities of the Lessor shall automatically devolve on the
transferee. The terms and conditions of this Lease Deed shall remain valid and enforceable with such third party.
Such clause shall be incorporated in sale/conveyance deed, etc. between such Lessor and the third party. Further,
all deposits made by the Lessee to the Lessor under this Lease Deed, shall be deemed to be the deposits made to
such transferee of the Demised Premises. The Lessor hereby assure the Lessee that before effecting any transfer
of the Demised Premises or any part thereof to a third person, they shall procure from such transferee a letter of
confirmation and acknowledgement, confirming the transferee’s acceptance of the terms and conditions of this
Lease Deed and also its taking over all the rights and obligations of the Lessor as stated in this Lease Deed. However,
the Lessor shall not transfer the property for a period of 5 (five) years, without the written consent of the Lessee.

8. FORCE MAJEURE

8.1 If at any time, the Demised Premises is destroyed or damaged by acts of god, tempest, flood, earthquake or any
other means like fire or riot, civil or military action, war, (“Force Majeure”), so as to become unfit for occupation
or use, the Lessor undertakes to carry out the necessary repairs within 7 days of the occurrence, and no Rent and
other outgoings shall be paid until the Demised Premises shall have again been rendered fit for occupation.
Additionally, the Lessee shall have the option to terminate this Lease Deed by giving a 15 (fifteen) days written
notice.

[Indus Towers Limited] [Page 6 of 9] [Strictly Confidential]

8.2 Neither Party shall be liable to the other Party for failure to perform its obligations due to occurrence of any event
beyond the control of such Party and affecting its performance including, without limitation, governmental
regulations, orders, administrative requests, rulings or orders of Department of Telecommunications /Telecom
Regulatory Authority of India , judicial orders and Force Majeure.

9. TERMINATION

9.1 The Lessee may, at any time after giving 1 (one) months' notice, terminate this Lease Deed without assigning any
reasons, notwithstanding anything to the contrary contained herein.

9.2 In the event, the Lessee fails to pay to the Lessor, the Rent, consecutively for a period of 3 (three) months, then the
Lessor shall be entitled to terminate this Lease Deed, after providing a notice of 30 (thirty) days to the Lessee and
the Lessee failing to cure the breach within said 30 days. Except for the aforesaid reason, the Lessor does not have
any right to terminate this Lease Deed in any circumstances whatsoever.

9.3 The Lessee shall handover the physical possession of the Demised Premises to the Lessor on the expiry or earlier
termination of this Lease Deed as contemplated in this Lease Deed, subject to normal wear and tear. The Lessor shall
refund the entire amount of Security Deposit to the Lessee simultaneously with the handing over of physical possession
of the Demised Premises, failing which, the Lessee shall not be liable to vacate and hand over possession of the Demised
Premises to the Lessor till the entire amount of Security Deposit is refunded by the Lessor and shall be entitled to
continue to occupy the Demised Premises without payment of any Rent, mense profit or any other amount whatsoever
to the Lessor. Further the Lessor shall be liable to pay an interest @ 24% p.a. to the Lessee from the date of default till
the date of payment/ refund of entire amount of the Security Deposit. The provisions of this clause shall survive the
expiry or the earlier termination of this Lease Deed.

10. GENERAL CLAUSES:

a) Any notice etc, unless otherwise specified, shall be deemed to be validly sent if dispatched by registered post AD
to the other Party at the following respective addresses:-If made to Lessee: Head – Legal, M/s. INDUS TOWERS
LIMITED, No.12, Subramanya Arcade, Tower D, 7th Floor, Bannerghatta Road, Bangalore-560 029. If made to the
Lessor: Mr.KRISHNAPPA.M, aged major, residing at Heggondahalli, Gunjur Post, Via Varthur, Bangalore-560 087.

b) The failure of either party to enforce any provision of this Lease Deed shall not be considered to be waiver of the
right of such Party thereafter to enforce each and every such provision. Waiver, if any, shall be in writing, signed
by the then duly authorised signatory of the concerned Party.

C) If any provision of this Lease Deed is determined to be void or unenforceable under any law applicable, such
provisions shall be deemed amended or deleted in so far as is reasonably inconsistent with the provisions of this
Lease Deed and to the extent necessary to conform to applicable law and the remaining provisions shall remain
valid and enforceable

d) This Lease Deed constitutes the entire agreement between the Parties and supersedes all previous
discussions/correspondence and arrangements/agreements between the Parties, if any, whether written, oral or
implied concerning the matters covered herein. This Lease Deed shall not be modified, except by amendment(s) in
writing duly executed by both the Parties hereto

e). This Lease Deed shall be construed in accordance with applicable laws of India and any dispute arising from the
subject matter of this Lease Deed shall be adjudicated only in the Court of competent jurisdiction at Bangalore.

f).Any dispute or difference out of or relating to the scope, operation or effect of this Lease Deed or the validity or
the breach thereof shall be settled by arbitration, by a sole arbitrator to be appointed by the Lessee, in accordance
with the Arbitration and Conciliation Act, 1996 and the award made in pursuance thereof shall be binding on the
Parties. The venue of arbitration proceedings shall be Bangalore.

[Indus Towers Limited] [Page 7 of 9] [Strictly Confidential]

 g).The Lessor hereby permits the Lessee to procure loans/financial assistance from third party or financial
institution, banks etc., from time to time by creating pledge and hypothecation over all or any of the Equipments,
installed at the Demised Premises. Further, it is expressly agreed that the Lessor shall not have any claim, lien or
charge on the Equipments, either for Rent, arrears, fees, compensation or otherwise

h).The stamp duty, registration & incidental charges in respect of this Lease Deed and all other documents that
may be executed pursuant to this Lease Deed shall be borne by the Lessor and Lessee in equal ratio. The Lessor
hereby authorises the Lessee to adjust the above stated Lessor’s share in respect of stamp duty, registration
charges and incidental charges from the Rent payable to the Lessor. The Lessor also undertakes that if the Lease
Deed is terminated for any reason what so ever, prior to above mentioned adjustment of the dues then such
unadjusted amount will be paid by the Lessor before taking back the physical possession of the Demised Premises

i). This Lease Deed may be signed in any number of counterparts, each of which is an original and all of which,
taken together, constitutes one and the same instrument.

ಈ ಒಪ್ಪ ಂದದ ಪ್ರಿವಿಡಿಗಳನ್ನು ಕನ್ು ಡದಲ್ಲಿ ನ್ನ್ಗೆ ವಿವರಿಸಲಾಗಿದೆ ಮತ್ತ ು

ನಿಯಮಗಳು ಮತ್ತ ು ಷರತ್ತು ಗಳನ್ನು ಸಂಪೂರ್ಣವಾಗಿ ಅಂಗಿೀಕರಿಸಿದ
ನಂತರ, ಈ ಒಪ್ಪ ಂದವನ್ನು ನಾನ್ನ ಅಂಗಿೀಕರಿಸುವಿಕೆಯ ಸಂಕೇತವಂದು
ಸಹಿ ಮಾಡುತ್ತ ು ದೆದ ೀನೆ. ಈ ಒಪ್ಪ ಂದದ ಅಡಿಯಲ್ಲಿ ನ್ನ್ು ಜವಾಬ್ದದ ರಿ ಮತ್ತ
ು
ಜವಾಬ್ದದ ರಿಗಳನ್ನು ಸಂಪೂರ್ಣವಾಗಿ ಅರ್ಣಮಾಡಿಕೊಳುು ವ ಮೂಲಕ
ನಾನ್ನ ಈ ಒಪ್ಪ ಂದಕೆೆ ಸಹಿ ಹಾಕಿದೆದ ೀನೆ. ನಾನ್ನ ಅದೇ ಮೂಲಕ
ಅನ್ನಸರಿಸಲು ಒಡಂಬಡಿಕೆ

SCHEDULE
All that piece and parcel of an existing immovable property, admeasuring 1600 sq.ft (40'x40'), in land bearing Sy.No.77,
Heggondahalli, Gunjur Post, Bangalore-560 087, bounded on North by Road, South, East and West by remaining
property.

SIGNED, SEALED AND DELIVERED BY SIGNED, SEALED AND DELIVERED BY

For INDUS TOWERS LIMITED

LESSOR LESSEE
In the presence of WITNESS: In the presence of WITNESS
1. 1.

2. 2.

[Indus Towers Limited] [Page 8 of 9] [Strictly Confidential]

 ANNEXURE –I

(Layout plan of the Building/ Demised Premises)

ANNEXURE-II

Name of the landlord (s)

2 In case of transaction in joint names, number of persons

involved in the transaction

3 PAN NUMBER

BANK Name & Address

Account Number

IFSC CODE

Aadhar Number

Contact Number

9 E-mail Id

[Indus Towers Limited] [Page 9 of 9] [Strictly Confidential]