APPLICATION FOR PROVISIONAL ALLOTMENT OF SHOP /RETAIL SPACE IN METRO MART SITUATED AT WAVE CITY CENTER, SECTOR- 25A & 32, NOIDA

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2 APPLICATION FOR PROVISIONAL ALLOTMENT OF SHOP /RETAIL SPACE IN METRO MART SITUATED AT WAVE CITY CENTER, SECTOR- 25A & 32, NOIDA Application No. Dated: To, M/S WAVE MEGACITY CENTRE PRIVATE LIMITED Corporate office at: C-1, Sector-3, Noida, Uttar Pradesh Dear Sir, I/We submit this application for provisional allotment of a Shop/Retail Space in Metro Mart, on subleasehold basis, in the development of the project "Wave City Center" (for short the "Said Project") being developed by M/s Wave Megacity Centre Private Limited /its wholly owned subsidiary company, associate company, subsidiary company (hereinafter referred to as the Developer ) on the block/parcel of land admeasuring 21,310 square meters, bearing Commercial Plot No. CC-001/3L, situated at Wave City Center, Sector-25A & 32, Noida, District Gautam Budh Nagar, Uttar Pradesh, forming part of the Plot of land admeasuring Sq. Mtrs, allotted to the "Developer" by Noida Authority vide Lease Deed dated , duly registered on , at the office of District Registrar, Noida, District Gautam Budh Nagar, Uttar Pradesh (hereinafter referred to as the "Said Plot"). I/We hereby confirm to have examined the documents to my/our satisfaction confirming the "Developer's" Rights, Title, Interest, Entitlements, Sanctions and Tentative Layout Plan, Payment Plan of the Said Project. As per the Tentative Sales Plan, I/We apply for Shop/Retail Space bearing unit no. on floor, in Metro Mart, having Covered Area of ( Square Mtrs.) square feet and Super Area (Chargeable Area) of ( Square Mtrs.) Square Feet, situated in the Said Project" (for short "Retail basic sale price of Rs /- per square meter ( /- per square feet) (for short BSP ) (plus various other charges as detailed here in this Application Form or any subsequent document(s) which may be executed between me/us and the Developer, under the Construction Linked Installment Plan ( ) / Down Payment Plan ( )/Special Payment Plan 40:30:30( ). (Mark ( ) on the opted Plan). Unless otherwise stated or unless the context otherwise requires, in this Application Form and attachments: (a) (b) (c) Singular shall include the plural and vice versa, and the masculine, feminine or neuter gender shall include all genders; A reference to any law shall include any amendments, modifications or replacements thereof; and Any agreement, consent, approval, authorization, notice, communication or information required under or pursuant to this Application Form from the Developer shall be valid and effectual only if it is in writing and under the hands of duly authorized person and not otherwise.

3 I/We remit herewith a sum of Rs. /- (Rupees ) as booking amount which is to be treated as Application Money in respect of the "Retail Space" as per the details mentioned hereunder: Cheque No. Dated Amount (INR) Drawn On Note: Payments to be made only through account payees cheque(s)/demand Draft(s) drawn in favour of Wave Megacity Centre Private Limited, payable at New Delhi/Noida. I/We understand that the Super Area means the total covered area and the area under Periphery Walls, area under Columns and Common Walls and further includes proportionate common area viz. Paragolas, Porches, canopies, projections enclosed from three sides, Stair Mumties, Staircase, Passages & Corridors, Lobbies, Atrium, Central Courtyard (internal), Fire Refuge Area, plus proportionate share of areas utilized for common services viz. area under Staircases, Circulation Area, Lifts Machine Room, Shafts, Underground and Overhead Water Tanks, Pump Rooms, Generator Room, Sub-Station Room, Fire Control Room, Security Room including any construction for architectural feature in the building/structure, however, not a usable area. Applicant(s) further states as under: (I) (II) (III) (IV) I/We agree to make further payments/remaining installments of the BSP and other charges as per the Payment Plan opted by me/us and such other expenses and other additional charges (including but not limited to all kinds of taxes, present or future) as may be intimated/demanded by the Developer and/or Noida Authority and/or any other concerned Competent Authority within the time period as stipulated in the Demand Letter. I/We agree and understand that since the Said Project is at conceptual stage and is a part of a big Commercial Project and as such this Application Form does not constitute any offer of definitive allotment. I/We do not become entitled to the final Allotment of the "Retail Space" notwithstanding the fact that the Developer may have issued receipts in acknowledgement of the money tendered by me/us to the Developer along with this Application Form. However, once the application is accepted by the Developer, the cancellation and withdrawal of the same by me/us, shall attract forfeiture of earnest money as mentioned in Clause 5(a) of terms and conditions of Provisional Allotment. I/We agree that upon allotment of the Retail Space Allottee(s) Arrangement shall be executed between the Applicant(s) and the Developer on acceptance of this Application Form, however, in case the "Retail Space" is not Allotted / Sub- Leased to me/us for any reason whatsoever, then I/We shall not be entitled to raise any objections or claims of any damages or challenge the same and the amount deposited herein shall stand refunded to me/us without any interest within 30 (thirty) days from the date of receiving notice from the Developer regarding the rejection of this Application Form. I/We agree to execute all the documents in the format provided by the Developer as and when necessary and shall strictly adhere to all the terms and conditions stipulated by the Developer from time to time.

4 (V) (VI) (VII) I/We have carefully read and understood the Terms and Conditions applicable to me/us and attached with this Application Form, which shall ipso-facto be applicable to my/our legal heirs, nominee(s), assignees and successors and hereby agree and undertake to abide by them. I/We further agree to sign and execute as and when required by the Developer, the Retail Space Allottee(s) Arrangement within 30 (thirty) days from the date of intimation of acceptance of this application and making the Provisional Allotment sent by the Developer, failing which, the offer of Provisional Allotment shall expire and the Developer after deducting the amount of Earnest Money shall Refund the Balance Amount if any without interest, paid by the Applicant(s). I/We hereby state that I/We am/are submitting this Application Form with full knowledge of the Said Project and after having read, understood and considered the Terms & Conditions, the Government Rules & Regulations vis-à-vis the Said Project, which shall ipso-facto apply on me/us and specifically record my/our acceptance thereto. I/We undertake to inform the Developer of any change in my/our address or in any other particular/information given above, failing which the particulars shall be deemed to be correct and the letters sent at the recorded address by the Developer shall be deemed to have been received by me/us. I/We have read and signed all the pages of this Application Form and (Schedule-I) & (Schedule-II) after fully understanding the contents thereof.

5 PARTICULARS OF THE APPLICANT(S) PHOTOGRAPH 1. FIRST/SOLE APPLICANT(S) Mr./ Mrs./ Ms./ M/s Son / Wife / Daughter of Mr. Date of Birth Profession Designation Nationality Marital Status No. of children Residential Status: Resident Non-Resident Foreign National of Indian Origin Residential Address Office Address Tel.Res Off Mobile Fax No. ID Income Tax Permanent Account No./ Ward No. Passport No. PHOTOGRAPH 2. SECOND APPLICANT(S) Mr./ Mrs./ Ms./ M/s Son / Wife / Daughter of Mr. Date of Birth Profession Designation Nationality Marital Status No. of children Residential Status: Resident Non-Resident Foreign National of Indian Origin Residential Address Office Address Tel.Res. Off Mobile Fax No. ID Income Tax Permanent Account No./ Ward No. Passport No.

6 PHOTOGRAPH 3. THIRD APPLICANT(S) Mr./ Mrs./Ms./ M/s Son / Wife / Daughter of Mr. Date of Birth Profession Designation Nationality Marital Status No. of children Residential Status: Resident Non-Resident Foreign National of Indian Origin Residential Address Office Address Tel.Res. Off. Mobile Fax No. ID Income Tax Permanent Account No./ Ward No. Passport No. DETAILS OF NOMINEE (Mandatory where there is no second applicant) Mr / Ms. Son of / wife of / daughter of Permanent Address Tel. Mobile Relation with the nominee City State Pin Code Country (i) Gender: M/F, (ii) Status Major / Minor (iii) Age years (iv) Nationality (v) Marital Status - if married, no of children (vi) Occupation Government Service Private Service Self Employed Professional Self Employed (Business / Industry) Others

7 PARTICULARS A. Basic Sale Price Rs. Mtr. DETAILS per Sq. AMOUNT (in Rs.) B. Parking Space Covered/Podium Parking Space no. Cost of Parking Rs. per car C. Club Membership Rs. D. Preferential Location Charges i) P L C i i ) E x t r a S p a c Rs. per Sq. Rs. per Sq. Ft. E. Power Backup Rs. per KVA KVA F. Rs. per Sq. Ft. G. Rs. per Sq. Ft. H. Rs. per Sq. Ft. I. Sinking Rs. per Sq. Ft. J. Other Rs. per Sq.Ft. Total Consideration Stamp Duty, Registration Fee, Service Tax and allied charges/taxes for execution and registration of R e t a i l S p a c e Allottee(s) Arrangement and Tripartite Sub-Lease Deed will be additionally payable by the applicant(s) before possession. Mode of Booking Direct If through Dealer; Name with Stamp : DECLARATION I/We, the Applicant(s), do hereby declare that my/our application for the provisional allotment of Retail Space on sub-leasehold right basis is irrevocable and that the above particulars/information/details given by me/us are true and correct and nothing has been concealed there from. In case of any false or misleading information provided by the Applicant(s) with intentions to cause unlawful loss to the Developer or unlawful gain to the Applicant(s), the Developer, without prejudice to its other rights, shall be entitled to forfeit the amount deposited by the Applicant(s). Signature of the Applicant(s)

8 FOR OFFICE USE (i) Application: Accepted / Rejected (ii) Nature of Booking Indian NRI PIO (iii) Provisional Registration of Retail Space (a) Block Unit No. (Strike out whichever is not applicable) Tower Floor (b) Area of unit Sq. Ft. Sq. Mtrs ( c) Basic Sale Rs. Sq. Mtr. Sq. Ft. In words (Rupees (d) Preferential Location Charge (PLC) Rs. Per Sq. Ft.) Per Sq.Ft. Floor Park Facing (e) Club Membership Fee (f) Parking Space Open / Covered Parking Space no. Cost of Parking Space Rs. Cost of Additional Parking Rs. (g) Power Backup Charges Rs. per KVA (h) Other charges (as applicable on or before handing over of possession) (iv) Payment Plan: (v) Type of Account: (vi) Booking amount received vide Receipt No. dated Rs. (Rupees Only) (vii) Mode of Booking: (viii) Application received through: (ix) Special instruction / remarks: Indicate Type of Account of Applicant(s) (NRE/NRO A/c for Foreign Nationals) Application Processed by Date Place

9 BROAD TERMS AND CONDITIONS FOR PROVISIONAL ALLOTMENT OF SHOP/RETAIL SPACE IN METRO MART_SITUATED IN "WAVE CITY CENTER" SECTOR - 25A & 32, NOIDA (U.P.) The following are the broad terms and conditions which will be comprehensively set out in the "Retail Space" Allottee(s) Arrangement. 1. (a) M/s Wave Megacity Centre Private Limited (for short the Developer ) is the original Allottee/Lessee and in possession of, and otherwise well and sufficiently entitled to the Plot of land admeasuring 6,18, square meters, situated at Commercial Plot No. CC-001, Sector-25A & 32, NOIDA, District Gautam Budh Nagar (hereinafter referred to as the said Plot ), allotted to the Developer by New Okhla Industrial Development Authority (hereinafter referred to as Noida ) vide Lease Deed dated , duly registered on at the office of District Registrar, District Gautam Budh Nagar (Uttar Pradesh), executed in favour of Developer for a period of 90 (ninety) years (for short Principal Lease ). The Developer and/or its subsidiary company, associate company is entitled to, on the terms and conditions contained in the Principal Lease, for the development of Commercial Complex for commercial activities such as shopping mall(s), showrooms, retail outlets, Office Space, Studio Apartment, Serviced Residency, hotels, restaurants, offices and such other commercial uses and to use permissible Floor Area Ratio (F.A.R.) for residential purposes. In pursuance thereof, the Developer/subsidiary company/associate company/wholly owned subsidiary is developing a commercial Building viz. Metro Mart, to be used for Retail Spaces, Office Spaces and Serviced Studio Apartments on the block/parcel of land admeasuring 21,310 square meters, bearing Commercial Plot No. CC-001/3L, situated at Wave City Center, Sector-25A & 32, "Noida", District Gautam Budh Nagar, Uttar Pradesh, forming part of the project land (hereinafter referred to as the Said Project ). (b) (c) (d) The "Developer" will carry out development as per the approved layout plan/building plans and norms specified in the Building Regulations and on such directions of Noida. That in consideration of the payment made / to be made by the Applicant(s) to the Developer as per the payment plan and in consideration of the various obligations of the Applicant(s) as herein contained particularly those relating to consideration, proper conduct and maintenance charges, the Developer, subject to terms hereof, shall provisionally allot the Retail Space to the Applicant(s). The right, title and interest in the Retail Space shall be transferred and conveyed in favour of the Applicant(s), by way of a Tripartite Sub-Lease Deed executed by the Developer in favour of the Applicant(s), wherein the Noida shall be the party to the said Sub- Lease Deed, subject to compliance of Terms and Conditions stipulated herein/retail Space Allottee(s) Arrangement and on such Terms and Conditions as the Developer may decide from time to time and also as per the laws applicable at the time being in force, including but not limited to the Rules and Regulations of Noida and any other Competent Authority and in accordance with the conditions of the Principal Lease entered into between the Developer and the Noida.

10 (e) (f) (g) (h) The Applicant(s) hereby confirms to have read and understood the Terms & Conditions of the said "Principal Lease" in respect of the said "Plot" allotted by "Noida" in favour of the "Developer". The copy of the said "Principal Lease" is readily available at the Site Office of the "Developer" as well as its Corporate Office mentioned above. The copy of the Principal Lease will be made available for perusal of the Applicant(s) at anytime during any working day. The Applicant(s) have understood and accepted the Development Scheme, and General Specifications of the Said Project", which are tentative. The Applicant(s) has applied for provisional allotment of a "Retail Space" with full knowledge about the proposed Development Scheme, layout plans, proposed building plan, specifications and other terms and conditions, however, the same may be changed, altered, modified, revised, added, deleted, substituted or recast by the Developer and/or by Architect if considered necessary and expedient or as may be directed by "Noida" at any time even after the Layout Plans for the Said Project" are sanctioned/approved, the Applicant(s) shall not raise any objection in respect thereof. The Applicant(s) further shall be deemed to be in knowledge of all laws, rules, regulations, notifications etc. applicable to the area/city/state in general and for the Said Project" in particular, which have been explained by the Developer and understood by the Applicant(s). It is agreed by the Applicant(s) that the booking/ "Retail Space" Allottee(s) Arrangement, once made, cannot be cancelled by the Applicant(s). However, the discretion absolutely rests with the Developer to allow cancellation subject to forfeiture of Earnest Money (as defined below in clause 5(a)). The amount, if any, paid by the Applicant(s) over and above the Earnest Money shall be refunded to the Applicant(s) without any interest. Further, the Building Plans of "Retail Space as drawn by the Developer are tentative and are subject to change, if deemed necessary, by the Developer or if so required by the Architects/Engineers/Professionals engaged for this purposes or if so required by Noida and/or any other authorities / any regulatory authorities, the Developer may effect and make suitable alterations in the Building Plan and consequently, if there, is any increase/decrease in the Super Area of the "Retail Space" upto 10%, then the Applicant(s) shall pay/adjust the revised price calculated on the BSP at which the "Retail Space" has been booked for Allotment, however, price for increase/decrease of the area beyond 10% will be at the market rate to be decided by the Developer. As a consequence of such decrease of the Super Area of "Retail Space", the Developer shall be liable to refund to the Applicant(s), without interest, only the extra price and other proportionate charges recovered. Likewise, in case of increase in the Super Area of the "Retail Space" the Developer shall be entitled to recover from the Applicant(s) in the manner stated in this para, the additional price and other proportionate charges without interest, as the case may be. In case as a result of any law that may be passed by any Legislation, Rule, Regulation, Order/Court Order or Notification that may be made and/or issued by Noida or any other Authority including the Municipal Authority, and as a result of which the Developer is unable to complete the Said Project, then the Developer may, if so advised, though not bound to do so, at its sole discretion challenge the validity, applicability and/or efficacy of such Legislation, Rule, Order or Notification by moving the appropriate Courts, Tribunal(s) and/or Authority. In such a situation, the money (ies) paid by the Applicant(s) shall continue to remain with the Developer and the Applicant(s) agrees not to move or to obtain specific performance of the Terms of

11 Retail Space Allottee(s) Arrangement, it being specifically agreed that Allotment shall remain in abeyance till pending adjudication and further determination by the Court(s) /Tribunal(s)/Authority(ies). However, the Applicant(s) may, if he/they so desire(s) become a party along with the Developer in such litigation to protect Applicant(s) rights arising under Retail Space Allottee(s) Arrangement. In the event of the Developer succeeding in its challenge to the impugned Legislation, Rule, Regulation or Order, as the case maybe, it is hereby agreed that Retail Space Allottee(s) Arrangement shall stand revived and the Applicant(s) shall be liable to fulfill all obligations as provided herein. It is further agreed that in the event of the aforesaid challenge of the Developer to the impugned Legislation, Order, Rule or Regulation does not succeed and the said Legislation, Order, Rule or Regulation becomes final, absolute and binding, then the Developer will subject to the Provisions of Law/Court Order refund to the Applicant(s), the amounts attributable to the Retail Space (after deducting interest on delayed payments, processing fee, and interest paid, due or payable, any amount of non-refundable nature) that have been received from the Applicant(s) by the Developer without any interest or compensation of whatsoever nature within such period and in such manner as may be decided by the Developer and the Applicant(s) hereby agree that they will accept Developer's decision in this regard to be final and binding. Save as otherwise provided herein, the Applicant(s) shall not have any other right or claim of whatsoever nature against the Developer. 2. The Developer shall always have the first lien and charge on the "Retail Space" in respect of any charges/dues/amounts outstanding payable by the Applicant(s) to the Developer on any date or time in future. 3. The Allottee understands that the Parking Space allotted to the Allottee shall be integral part of the said Retail Space which cannot be dealt with independent of the Said Retail Space. The Allottee(s) may apply for additional parking spaces which may be allotted subject to availability and at the then prevailing price. All terms of the Application and the Allottee(s) Arrangement pertaining to allotment, possession, cancellation etc. shall apply mutatis mutandis to the parking spaces so allotted, wherever applicable. It has been understood by the Allottee(s) that the Parking Space has not been considered for the calculation of the super area/saleable area of the said Retail Space. 4. The BSP of the Retail Space to be paid in accordance with the Payment Plan(s) is detailed in Schedule-I, attached herein and as may be opted by the Applicant(s). It is understood and accepted by the Applicant(s) that the BSP does not include any other amounts, charges, taxes etc. as are/may be payable under the Application Form and/or Retail Space Allottee(s) Arrangement. The Applicant(s) agrees that the BSP is for bare shell condition with specifications stated in Schedule-II attached herein for Retail Space within the internal walls of the said Retail Space and the Applicant(s) understands that the furnishing and fit outs inside the said Retail Space shall be done by the Applicant(s) at its own cost and risk. The Schedules attached herewith form integral part of this Application Form/ Retail Space Allottee(s) Arrangement and the Applicant(s) is bound to pay such amount /charges to the "Developer" as stated in these Schedules. 5. (a) It is understood and agreed by the Applicant(s) that the timely payment of installments and other allied charges indicated/contained herein and/or contained in Retail Space Allottee(s) Arrangement is the essence of Allotment. It shall be incumbent on the Applicant(s) to comply with the terms of payment and the Applicant(s) herein have

12 agreed that the "Developer" is under no obligation to send reminders for payments. If payment is not received by the "Developer" within the period as indicated in the Payment Plan opted by the Applicant(s) or if there is any other breach of the terms and conditions of Retail Space Allottee(s) Arrangement, then Allotment may be cancelled. The Applicant(s) hereby agrees that out of the amount(s) paid/ payable by him/her/them/it for the said Retail Space, the Developer shall treat 20% of the BSP, as Earnest Money ("Earnest Money") to ensure fulfillment by the Applicant(s) of all the terms & conditions of the Retail Space Allottee(s) Arrangement. (b) (c) (d) If any Applicant(s) fails to pay the Allotment Money or any of the Installment(s), or any amount due on the stipulated due dates, then an 18% per annum will be charged from the Applicant(s) on the unpaid amount payable towards Allotment Money and/or any Installment(s). If the Applicant(s) fails to pay the unpaid amount for a period of 1 (one) month or more from the due date, then the "Developer" shall be entitled to forfeit the Earnest Money from the amount paid by the said Applicant(s) for the Retail Space and the booking/ Retail Space Allottee(s) Arrangement shall automatically stand cancelled without any further notice to the Applicant(s). It is further understood that the defaulting Applicant(s) shall cease to have any lien or right on the allotted Retail Space. The balance amount after the aforesaid deduction as paid by the Applicant(s) shall be refunded by the "Developer" without any interest, and only upon surrender of the original receipts and the copy of Retail Space Allottee(s) Arrangement, if executed. However, the "Developer" may in its sole discretion, waive its right to terminate/cancel the Retail Space Allottee(s) Arrangement and enforce all the payments and seek specific performance of the terms and conditions of the Application Form/ Retail Space Allottee(s) Arrangement. The above is without prejudice to any other rights as may be available to the "Developer" as per the terms and conditions stated in the Application Form and/or Retail Space Allottee(s) Arrangement and/or under any Applicable Law. The Applicant(s) shall make the payment towards the price of the Retail Space as per the Payment Plan(s) mentioned in Schedule - I, as opted and accepted by him/her/them/it and that the "Developer" shall not be liable to send any further Installment Call Notice(s) to the Applicant(s) in this regard. In exceptional circumstances and in its sole discretion, the "Developer" on the request of the Applicant(s) within 7 (seven) days of default, may condone the delay in payment of the Allotment Money, Installment(s) or any other charges as maybe payable by the Applicant(s) on such terms and conditions as may be deemed fit by the Developer. However, it is clarified that such discretion and right of the "Developer" shall not become automatically applicable to any or all other defaulting Applicant(s), including with respect to other Allotment of Retail Space of the same Applicant(s). (e) The "Developer" shall not be responsible towards any third party(s) making payment / remittances on behalf of the Applicant(s) and such third party(s) shall not have any right in the Allotment of the Retail Space allotted to the Applicant(s). The "Developer" will only issue receipt for payment in favour of the recorded Applicant(s). 6. All payments in respect of the Allotment Money, Installment(s) and/or any other charges shall be made by the Applicant(s) only through Account Payee(s) Demand Draft / Pay Order / Cheque payable at Delhi / New Delhi / Noida in the name of M/s Wave Megacity Centre

13 Private Limited. The reverse of each Instrument shall record the number of the said Retail Space and name of the First Applicant(s). In case Retail Space is allotted to joint Applicant(s), then it is agreed that the Developer shall issue the payment receipt only in the name of the First Applicant(s), irrespective of whether the payment was received from any other Applicant(s). 7. For all payments, the date of clearance of the demand draft/pay order/cheque shall be taken as the date of payment. The dishonor of the demand draft/pay order/cheque for any reason, shall entitle the Developer to charge from the Applicant(s) an additional amount of Rs. 1000/- (Rupees One Thousand Only) towards loss of creditability, administrative & handling charges. 8. The Applicant(s) agrees and acknowledges that the Developer is under no obligation to send demands/reminders for payments of the Installment/Balance Consideration. It is clarified that it is the responsibility of the Applicant(s) to pay the Installment/Balance Consideration as and when the same shall fall due in accordance with the respective Payment Plan applicable to the Applicant(s). 9. The Applicant(s) shall be entitled to a receipt, to be issued by the Developer against every demand draft/pay order/cheque issued by the Applicant(s), subject to the clearance of the said demand draft/pay order/cheque. 10. (a) The BSP of the Retail Space is calculated/ charged on Super Area. The covered area does not include walls, cupboard space, window projections, balconies and proportionate share of area under staircases, common areas, wall shafts, water supply arrangements & installations and other common facilities such as service floors etc. The Applicant(s) right(s) will be limited only to the covered area purchased by the Applicant(s). All the signage areas for display board, hoardings, illuminated sign boards, neon signs etc. in the atrium, lift, lift lobbies, corridors, basements, parking spaces, front, rear and other outer facades of the Tower/Building in which such Retail Space is situated shall only remain with the "Developer". The "Developer" may issue such guidelines/ directions including but not limited to colour scheme, style and manner of signage, proper maintenance and upkeep by the Applicant(s) of such signage from time to time. The "Developer" may transfer such responsibility of identifying, earmarking and allotment of such signage to its nominees or any other body or association or to such other agency as may be appointed by the "Developer" at its sole discretion. Upon such transfer, the "Developer" shall be released and discharged from all its obligations and responsibilities in respect of the signage. The Applicant(s) shall not raise any dispute with regards to the appointment of any agency for managing signage and that the agency shall work in such a manner as it may deem fit and proper from time to time and the Applicant(s) shall extend full cooperation to such an agency for optimum usage of the signage in the block in which Retail Space is situated. The applicant(s) further undertakes, assures and guarantees that Applicant(s) will not put any sign-board / name-plate, neon-light, publicity material or advertisement material etc. on the face / facade of the Retail Space or anywhere on the exterior of the Retail Space or common areas but only at the places specifically earmarked and allotted by the "Developer" and/or by its appointed agency. (b) Except for the areas herein allotted all the common areas and the facilities and the residuary rights in the proposed Tower/Building shall continue to vest with the "Developer" unless otherwise transferred to any person, organization(s) / entity(s).

14 (c) In case during the course of construction and/or after the completion of Tower/Building in which the Retail Space situates, further construction on the terrace of the Tower/Building becomes permissible by the Competent Authority, then the "Developer" shall have an absolute and unfettered right, without hindrance and disturbance of the occupation/possession of Retail Space of the Applicant(s), to commence and complete such further permissible construction and to deal with the same notwithstanding the designation and allotment of any common area as limited common area or otherwise. 11. The "Developer" has made clear to the Applicant(s) that it shall be carrying out extensive developmental / construction activities as it may deem fit in future in the entire area falling outside the Retail Space (the same maybe within or outside the Said Project) and the Applicant(s) has confirmed that he/she/they/it shall not raise any objections or make any claims or default in any payments as demanded by the "Developer" on account of inconvenience, if any, which may be suffered by him/her/ them due to such developmental / construction activities or incidental / related activities and this undertaking shall survive throughout the occupancy of the Retail Space by the Applicant(s), his/her/their legal representatives, successors, administrators, executors, permitted assigns etc. 12. It is agreed by the Applicant(s) that the "Developer" shall have the right to effect suitable and necessary changes/ alterations / modifications / adjustments / variations / amendments and/or revisions in the lay-out plans in the building or block of buildings in the interest of the Said Project, if and when found necessary, which alterations may involve all or any of the following changes including but not limited to change in the position of the Retail Space, change in the allotment number of the Retail Space or change in its dimensions or change in the height of the proposed Building or change in its Super Area. The Applicant(s) understands that to implement any or all of the above changes, supplementary agreements, if necessary, will be executed and Applicant(s) further agrees to execute other such documents to effectuate such understanding without any protest or demur. 13. (a) Subject to the Clause 13(b) and further subject to all the Applicant(s) of the Retail Space in the Said Project making timely payment, the Developer shall endeavour to complete the construction and development of the Tower/Building of Retail Space located in Block 3L in the Said Project as far as possible within 36 (thirty six) months along with the extended period of 6 (six) months from the date of signing of the Retail Space Allottee(s) Arrangement and / or sanction / approval of building plans whichever is later. (b) For the purposes of the present transaction followed by Retail Space Allottee(s) Arrangement, Force Majeure shall mean any event or circumstance or a combination of events and circumstances, whether occurred or likely to occur, which satisfies all or any of the following conditions: Materially and adversely affecting the Said Project and/or the performance of an obligation of the Developer ; And are beyond the control of the Developer ;

15 And includes (without limitation), subject to satisfaction of the above conditions, the following events and/or circumstances: i. War (whether declared or undeclared), Invasion, Armed Conflict or act of Foreign Enemy; ii. iii. iv. Revolution, Riot, Insurrection or other Civil Commotion, act of Terrorism or Sabotage; Strikes, Industrial Disputes and/or Lockouts and/or Interrupting Supplies and Services to the Project ; Non-payment of sums due from the Applicant(s) including payment of installment/applicable interest and levies as mentioned herein above on time by any of the Applicant(s) of the Retail Space. v. Change in Governmental Policy, Laws (including, any Statute, Ordinance, Rule, Regulation, Judgment, Notification, Order, Decree, Permission, License or Approval), including but not limited to, expropriation or compulsory acquisition by any Government/Noida of any part of the Said Project or rights therein; vi. vii. viii. ix. Acts of God or events beyond the reasonable control of the Developer which could not reasonably have been expected, including any effect of the natural elements, including lightning, fire, earthquake, unprecedented rains, landslide, subsidence, flood, storm, cyclone, epidemics or plagues or any other similar effect; Any dispute between the Developer and the Applicant(s) and/or between the Developer and the person, persons, association of persons obstructing and creating hurdle in the progress of the development work of the Said Project and/or the Retail Space therein and/or any proceeding initiated in this regard; Any judgment or Order of any Court of Competent Jurisdiction or Government of India or the State Government or any Local Body or Statutory Authority, made against the Developer in any proceedings; Any other reason which can be construed to be beyond the control of the normal human being; (c) (d) Without prejudice to the above, it is hereby agreed that possession of Retail Space shall be delivered by the Developer to the Applicant(s) only upon registration of the Tripartite Sub-Lease Deed and subject to clearance of all dues and demands payable by the Applicant(s) to the Developer up to the date of such possession as specified herein. The Applicant(s) shall take possession of the Retail Space within 30 (thirty) days from the date of issuance of offer letter to take possession, failing which the Applicant(s) undertakes and agrees to pay the Holding Charges as may be decided by the Developer from time to time besides the applicable Maintenance Charges, for the

16 entire period after expiry of 30 (thirty) days during which the Applicant(s) does not take delivery of physical possession of the Retail Space. The Holding Charges shall be decided by the Developer and the same may be revised or modified from time to time, by the Developer in view of the prevailing circumstances. The purpose for imposition of this charge is to ensure and secure the habitation in the Retail Space at the earliest which is the sole object of the Noida for granting the lease for development of the Said Project. It is hereby clarified that these Holding Charges shall be independent of all dues and charges specified hereunder. Where Applicant(s) omits, fails, refuses and/or neglects to take possession of the Retail Space from the Developer for any reasons whatsoever, the Retail Space shall be held by the Developer at the risk and cost of the Applicant(s) and the Developer shall in its sole discretion, reserve the right to initiate appropriate legal recourse/remedy available in such circumstances. The Applicant(s) further undertake to pay penalty charges and/or any other charges which may be imposed by Noida on account of delay in taking over the possession and execution of the Sub-Lease Deed. (e) (f) (g) Subject to above stated clauses and further the Applicant(s) having complied with its obligations under this Application as well as the Retail Space Allottee(s) Arrangement, including but not limited to timely payment of the entire Consideration and other charges as per the payment plan opted by the Applicant(s), in the event of willful delay in handing over the possession of the Retail Space for reason attributable solely to the Developer, delay charges would be payable to the Applicant(s) at the rate of Rs. 7.50/- (Rupees Seven and Fifty Paisa) per square feet per month. It is hereby clarified that the aforesaid delay charges shall be payable, subject to demand being raised by the Applicant(s) for the same (and will be calculated from the date of the said demand), till the date when possession of the Retail Space is offered to the Applicant(s). Further, all payment towards the delay charges, as due from the Developer, would be adjusted from the payment due to the Developer from the Applicant(s) at the time of the final settlement of Sale Consideration of the Retail Space. Provided specifically that, the Developer shall be entitled, without the payment of any delay charges, not to offer the possession of the Retail Space, to the Applicant(s), till all amount due and payable by the Applicant(s), as of such date, including all default, payment of interest etc., have been paid by the Applicant(s). Subject to aforesaid clause, in the event of the Applicant(s) failing to take possession for any reasons whatsoever (including but not limited to any willful failure or refusal to take possession), the Applicant(s) shall be liable to pay the Maintenance Charges or any other Taxes, leviable or applicable in relation to the Retail Space to the Maintenance Agency appointed by the Developer or to the Statutory body as the case may be. The Applicant(s) agrees and undertakes that the Developer, shall at all times have a lien on the Retail Space towards all outstanding dues viz. installments of consideration and Maintenance Charges, along with interest/outstanding installments with interest and penal interest for delays and any other amounts due from the Applicant(s) on any account and shall have all the rights available to the lien-holder on the Retail Space. 14. The BSP of the "Retail Space" does not include the charges for connection of electricity, water back-up, service / sewage lines etc. and security deposit in connection therewith and the

17 amount payable to "Noida" or any other Authority and/or Maintenance Agency, in respect of such connections shall be charged extra. 15. All the charges, taxes, service taxes, duties or levies demanded or imposed or to be imposed by "Noida" or by any other Authority, Local/Government body shall have to be borne proportionately by the Applicant(s). Such charges/taxes shall be payable as demanded and from the date the same are made applicable by such Authority or Local/Government body. The aforesaid charges/ taxes shall be payable by the Applicant(s) as and when Call Notice thereof is given by the "Developer" and within such time as specified in the Call Notice and in case of default in payment of the same, the provisions mentioned herein above shall apply. The Applicant(s) shall be responsible for such default, and in the event the "Developer" suffers any loss/damages due to any non-performance by the Applicant(s) then the Applicant(s) shall indemnify the "Developer" of such loss/damages. 16. (a) That the BSP of the "Retail Space" covers development of internal services such as laying of roads, development of parks and landscapes, laying of water lines, laying of sewer lines, laying of electrical lines, laying of storm water drain lines and development of necessary civic services essential for the Said Project. However, in case of any change at a later stage in the specifications of internal development thereby resulting in the Developer incurring any extra charges on account of such changes, the same shall be recovered on pro-rata basis from the Applicant(s) and shall be payable by the Applicant(s) as and when demanded by the Developer. (b) (c) The BSP is exclusive of the External/Infrastructural Development Charges. Further, the charges on account of external electrification and/or charges for developing and constructing the sub-station with the main-station, as demanded from the date on which it is made effective by Noida and/or any other Authority and all statutory and nonstatutory charges levied by the Noida or any other concerned Government Authority (ies) and any external/ infrastructural development carried out by the Developer for the Said Project on behalf of the Government Authority (ies) shall be over and above the BSP and shall be payable by the Applicant(s) on pro-rata basis for Super Area of the Retail Space. In case any upward revision thereof by the Noida in future is done and demanded, the same shall also be recovered from the Applicant(s) on pro-rata basis on Super Area of Retail Space from the date of Application. If such charges are increased (including with retrospective effect) even after the Retail Space Allottee(s) Arrangement/Tripartite Sub-lease Deed has been executed, then these charges shall be treated as unpaid consideration of the Retail Space and the Developer shall have lien on the Retail Space of the Applicant(s) for the recovery of such charges. That in the event of any increase in external/ infrastructural development charges and any fresh taxes, service tax, cess with regards to, but not limited to state/national highways, transport, irrigation facilities and power facilities, electrical facilities/requirements, electricity distribution network /system, metro cess, Telephone/internet cables, gas Pipelines etc. thereto being imposed by Government/Semi-Government Body / Statutory Authority/Noida along with interest hereafter including interest thereon and or in case the Developer carries out the internal/infrastructural developments, all such charges imposed by the Government/ Semi- Government Body/ Statutory Authority/ Noida and cost incurred by Developer on such development works, as the case may be, shall be to the account of Applicant(s) on pro-rata basis, who unconditionally agrees and undertakes to pay the same to the

18 Developer upon demand and/or directly to the concerned Government Authority, as applicable, whether levied with prospective or retrospective effect. Further, the Applicant(s) has been informed by the Developer that the Government usually revises its aforesaid charges from time to time, even after the execution of the appropriate document of transfer i.e. sub-lease and also raises the demand for the same upon the Developer. In such an eventuality the Applicant(s) unconditionally agrees and undertakes to reimburse/ pay the same along with interest thereon, if any, as and when demanded by the Developer. Further it is expressly agreed and understood by the Parties hereto that in the event of any failure of Applicant(s) or subsequent transferees in making payment of such demand to the Developer, the same shall be treated as unpaid consideration against the Retail Space herein agreed and the Applicant(s) agrees that the Developer shall have unfettered right and entitlement to recover the said amount along with interest from the Applicant(s) or the subsequent transferees. (d) (e) (f) (g) That the main and power backup electric load of KW per sq. ft. of Area on chargeable basis shall be provided by the Developer in the "Retail Space" with dual supply metering and prepaid meter system, however, in case Applicant(s) requires additional load in the "Retail Space", the same may be allowed subject to payment of infrastructural cost of Rs. /- per KW, which shall further be subject to revision as may be decided by the Developer from time to time. The Applicant(s) hereby agrees to pay as Preferential Location Charges ( PLC ) and extra space such as special area, space for storage & utilities etc. if any, wherever applicable, which shall be payable in the manner and within such time as stated in the Schedule of Payment. However, the Applicant(s) has specifically agreed that due to any change in the Layout Plan, the allotted Retail Space ceases to be in a Preferential Location, the Developer shall be liable to refund only the amount of Preferential Location Charges paid by the Applicant(s) and such refund shall be adjusted in the installment(s) due and payable by the Applicant(s). If due to any change in the Layout Plan, the Retail Space becomes Preferentially Located, then the Applicant(s) shall be liable and agrees to pay as and when demanded by the Developer such Preferential Location Charges. The Allottee(s) recognizes that the cost of Retail Space is based on the cost of construction as per the standards determined by the CPWD indices / formula applicable on the date of booking. However, due to abnormal market variations in the cost of construction (raw materials and labour), the actual cost of the Retail Space may experience some escalation; and may thus vary. The final expenditure made will be compiled at the stage of completion of the Tower/building in which the Retail Space is situated. Such escalation in the cost of Retail Space shall be paid by Allottee(s) proportionately; however such escalation will be subject to a maximum of 5% of the Total Sale Consideration (BSP + PLC + Car Parking Space) of the Retail Space. The Allottee agrees and understands that any default in payment to the Developer on Demand of such escalation shall be deemed to be a breach under the terms and conditions of this agreement. No possession shall be handed over to the Allottee unless Escalation Charges are paid in full along with delayed interest, if any. The Applicant(s) further agrees to pay Fire Fighting Charges ( FFC ) & External Electrification Charges ( EEC ), as may be charged and demanded by the Developer.

19 (h) (i) The Applicant(s) also agrees and undertakes to pay the cost of complying with statutory requirements including but not limited to all kinds of Taxes, Service Tax etc. for providing and constructing the Retail Space as well as other services for the Said Project, as may be applicable and levied from time to time in relation to the Retail Space and/or Said Project and the same would be payable by the Applicant(s) on pro-rata basis in accordance with the Super Area of the Retail Space. Tax, Taxes or Taxation for the present transaction shall mean and include but are not limited to all forms of Taxation, Charges, Duties, Levies, Cess, Fees, Value Added Tax, Customs and Excise Duties, Service Tax, Capital Tax and other Legal Transaction Taxes, Stamp Duty, Registration Charges, Real Estate Taxes, House Tax and other Municipal Taxes and Duties, Environmental Taxes and Duties and any other type of Taxes or Duties of a like nature in any relevant jurisdiction, together with any interest, penalties, surcharges or fines relating thereto, due, payable, levied, imposed upon or claimed to be owed in any relevant jurisdiction. 17. It is made clear by the Developer and agreed by the Application(s) that all rights including the leasehold rights/ownership thereof of land(s), facilities and amenities, (other than those within the Building and the proportionate land beneath), shall vest solely with the Developer and the Developer shall have the sole and absolute authority to deal in any manner with such lands(s), facilities and amenities including but not limited to creation of further rights in favour of any other party by way of sale, transfer, lease, collaboration, mortgage, joint venture, operation and management or any other mode including transfer to Government, Semi- Government, any other Authority, body, any person, institution trust and/or any local body(ies) which the Developer may deem fit in its sole discretion and this undertaking shall survive throughout the occupancy/sub-lease of the Retail Space by the Applicant(s), his/her legal representatives, successors, administrators, executors, permitted assigns, nominees etc. 18. Any charge/taxes demanded by the Local/Government body, Authority or Noida towards the vacant land, house tax/lease rent (one Time or in any other manner), service tax or any other taxes, levies or other charges for the period after the date of Application shall be borne by the Applicant(s) irrespective of the fact that he/she/they have not been enjoying the benefit of his/her/their Retail Space and the same shall be payable by him/her/them immediately on demand on proportion to the Super Area of the Retail Space allotted to him/her them upon receipt of the Call Notice from the Developer. However, in the event the said charges are not generated separately by the Local/Government body or Authority etc. each Applicant(s) will pay the proportionate share on the basis of his/her/their super area as the case may be and as may be determined by the Developer from time to time. In case of default in payment of the aforesaid charges, the provisions mentioned herein above shall apply. The Applicant(s) shall themselves be responsible for such default, and in the event the Developer suffers any loss/damages due to any non- performance by them, then the Applicant(s) shall indemnify the Developer of such loss/damages. 19. The Applicant(s) agree(s) that the allotted Retail Space shall be used only for Retail Shop purposes and the usage of the same cannot be altered or changed without a prior written permission from the Developer. The Applicant(s) shall not make any changes whatsoever not limited to structural addition / alteration in the Retail Space without a prior written permission from the Developer and / or the concerned Authorities or cause damage to or create nuisance in the Retail Space in any manner whatsoever. Further, no damage or hazards

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