AGREEMENT OF LICENCE

This Agreement of License is made on the day of , Two

Thousand Fifteen (2015).

B E T W E E T

MR. ATANU MONDAL, son of Sri Bishnupada Mondal, by Nationality

Indian by faith- Hindu, by occupation- Business, residing at

Basunagar, 1/A, Bolai Mondal Sarani (Near Madhyamgram

Municipality), P.S. Madhyamgram, District- North 24-Parganas

hereinafter called and refered to as the LICENSOR ( which term or

expression shall unless excluded by or repugnant to the context or

subject shall be deemed to mean and include his legal heirs,

executors, administrators, representative and assignees ) OF THE

ONE PART.

AND

MR. SOMNATH DEY, son of Late Biswanath dey, by Nationality-

Indian, by faith- Hindu, by occupation- Business, residing at

SOPNONIR, Netaji Subhas Road, Kora Babupara (N), P.O. Kora-

Chandigarh, P.S. Madhyamgram, 24 Parganas North, hereinafter

called and referred to as the LICENSEE (which term or expression

shall unless excluded by or repugnant to the context or subject shall

be deemed to mean and include his legal heirs, executors,

administrators, representatives and assignees) OF THE OTHER

PART.

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WHEREAS the LICENSOR is the sole and absolute owner and in

possession of ALL THAT space on the Ground floor of a 2(two) storied

building, East Side having super built up area approx. 800 sq. ft. at

Holding No. 187/2 under Mouza- Chandnagar, 8 No. Ward of

Madhyamgram Municipality, 24-Parganas North, herein referred to

as SCHEDULE PREMISES.

WHEREAS the LICENSEE has agreed to take on License the

SCHEDULE PREMISES for an office of development establishment

and running a wireless ISP.

NOW THIS AGREEMENT OF LICENCE WITNESSETH AND IS

HEREBY AGREED BY AND BETWEEN THE PARTIES HERETO AS

FOLLOWS ON THE FOLLOWING TERMS AND CONDITIONS:

To avoid further contradiction both the parties now entered into an

agreement for license on 15th day of November 2013, to 30th day of

September, 2014 in respect of the said accommodation on the

following terms and conditions:-

1. The LICENSEE has agreed to pay Licensee fee, an amount of

Rs.15000/- (Rupees Twelve Thousand) only per month,

exclusive or maintenance, water and electricity charges,

payable by way of cheque drawn in favour of the LICENSOR on

or before 5th day of every succeeding month, whether

demanded or not. And Rs.36,000/- (Rupees Thirty Six

Thousand ) only to be returnable SECURITY DEPOSIT without

interest at the time of leaving the possession after adjusting

any dues and demurrage of possession after adjusting any

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dues and demurrage of possession. In case the Licensee want

to vacate within six months from the date of execution of this

agreement then the said security deposit will be forfeited.

2. The LICENSEE to pay for water and maintenance charges

billed by the concerned authorities.

3. Licensee applied for the new electric meter in his name at his

own cost and expenses as and when license period is over

licensee removed this electric meter and realize their security

deposit before the concerned electric authority in this cases

licensor shall not make any objection thereto.

4. In case The LICENSEE fails to pay the monthly Licensee fee to

The LICENSOR consequently for the period of 2(two) months,

then the LICENSEE shall have to get vacated the SCHEDULE

PREMISES in question immediately.

5. The LICENSEE shall not carry out any structural additions or

alterations to the SCHEDULE PREMISES without the prior

consent of the LICENSOR. However, the Licensor shall at its

own cost, be entitled to install such domestic electrical

appliances and/or equipment as may be found necessary by it.

On the expiry or earlier termination of this Agreement, the

LICENSOR shad remove and take away and the appliances

and/or equipment installed by it and restore the SCHEDULE

PREMISES to its normal condition, subject to normal wear and

tear.

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6. All rates, taxes and other levies and/or out goings on account

of property tax and all other levies, municipal or otherwise

shall be paid by the LICENSOR in time, failing which the

LICENSOR can pay any such outstanding dues to the

concerned authorities and deduct such amount from the

monthly services charges payable.

7. The LICENSOR undertakes to fully perform his obligations

stated herein and also comply with the requirements of the

concerned municipal and other applicable authorities to ensure

peaceful occupation of the SCHEDULE PREMISES by the

LICENSOR during the Agreement Period.

8. The minor day-to-day repairs such as replacement of fuses,

fixing of leaking water taps, minor maintenance of

electrical/sanitary and other fittings and fixtures shall have to

be carried out by the LICENSEE at its own cost, but all major

repairs including replacement or breakage, bursting of sanitary

pipes, changes in the electrical system, cracks in construction

etc., shall be repaired/replaced by the LICENSOR at his cost.

9. Both the parties may terminate this Agreement any time during

the Agreement Period, subject to the issuance of an advance

notice of two (2) months, made in writing.

10. On the expiry of the agreement or on earlier termination of the

agreement, the LICENSEE shall deliver the vacant possession

of the SCHEDULED PREMISES to the LICENSOR in good

condition, subject to natural wear and tear.

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11. The LICENSOR shad have free and unobstructed access to the

SCHEDULED PREMISES for inspection and to carry out

repairs provided the LICENSEE is given at least 24 hours

advance notice and a time for such inspection or repairs is

fixed and the convenience of the LICENSEE shall be taken into

account in this regard.

12. The LICENSEE shall not sub-let or sub-lease assign or transfer

or otherwise part with the possession of whose or any part of

the SCHEDULED PREMISES.

13. Licensee shall carry on business of the said Schedule Property

in internal business affairs Licensor shall not interfere or

obstruct of the business activities of the LICENSEE.

14. The LICENSEE has agreed to use the SCHEDULED PREMISES

for legal and lawful purpose and not for any illegal, unlawful or

any such purpose which is prohibited by law.

15. The LICENSEE has agreed not to do or suffer to be done in or

about the demand premises anything contained which may be

or become nuisance, annoyance or cause damages to the

neighbouring owners, tenants occupiers of the said building.

16. The LICENSOR represents and warrants that he is fully

empowered, authorized and able to let out the SCHEDULED

PREMISES on License to the SECOND PARTY as envisaged in

this agreement and that there is no mortgage, charge or any

other encumbrance of any nature in respect of the

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SCHEDULED PREMISES and that he will keep the LICENSEE

harmless and indemnified from any proceedings initiated by

others in respect of the quiet possession and enjoyment of the

SCHEDULED PREMISES by the LICENSEE.

17. In case the Licensee want to vacate before the expiry of six

months then the said security deposit will be forfeited.

IN WITNESS WHEREOF both the parties hereunto put their

respective sign, seal and signature on the day month and year first

above written.

SIGNED SEALED AND DELIVERED

by the parties at Kolkata,

in presence of :

1.

2.

Signature of the Licensor

Drafted By:

(Ms. Tanushree Chowdhury) Advocate

High Court, Calcutta.

Signature of the Licensee