Document:

Lease Agreement dated September 10, 2003

 Exhibit 10.27 
  
 PACIFIC RUMANA LIMITED 
 (the “Lessor”) 
  
 and 
  
 DATEC (PNG) LIMITED 
 (the “Lessee”) 
  

  
 COMMERCIAL LEASE AGREEMENT 
  

  
 ERE KARIKO 
 Lawyer for the Lessor 
  
 Steamships Limited 
 Steamships Building 
 Corner Champion
Parade/Hunter Street 
 Port Moresby 
 P O Box 1 
 Port Moresby 
 Papua New Guinea 
  
 Telephone: 3220230 
 Facsimile:  3220363 
 Reference: Datec.jc

 INDEX 
  

			
	Clause

	  	 Content

	1	  	 Exclusion of Implied Covenants and Powers

	2	  	 Lease

	3	  	 Rent

	4	  	 Term

	5	  	 Holding Over

	6	  	 Rental Bond

	7	  	 Lessor’s Covenants

	7.1	  	 Possession

	7.2	  	 Use of Premises

	7.3	  	 Rates

	7.4	  	 Head Lease

	7.5	  	 Maintenance of Air Conditioning Units in Premises

	7.6	  	 Car Parking

	8	  	 Lessee’s Covenants

	8.1	  	 Rent

	8.2	  	 Use of Premises

	8.3	  	 Care of Premises

	8.4	  	 Nuisance

	8.5	  	 Charges

	8.6	  	 Indemnity

	8.7	  	 Signs

	8.8	  	 Rules and Regulations

	8.9	  	 Assignment or Mortgage of Lease

	9	  	 Insurance

	10	  	 Bond

	11	  	 Access

	12	  	 Default, Termination etc.

	13	  	 Unforseen Event

	14	  	 Notices

	15	  	 Disputes

	16	  	 Costs

	17	  	 Statutory Approval

	18	  	 Special Conditions

	19	  	 Option

	20	  	 Rent Review

	21	  	 Interpretation

	 	  	 SCHEDULE

  

 CLA: Pacific Rumana Lease to Datec (PNG) Limited 
 Allotment 32 Section 38 Hohola 
  
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 [SEAL] 
  
 PAPUA NEW GUINEA 
 LAND REGISTRATION
ACT CHAPTER 191 
 COMMERCIAL LEASE 
  
 THIS LEASE is made the 24 day of September 2005 
  
 BETWEEN: the party named in Item 1 of the Schedule (the “Lessor”) 
  
 AND: the party named in Item 2 of the Schedule (the “Lessee”) 
  
 RECITALS: 
  

	A.	The Lessor is or is entitled to be registered as the proprietor of the estate or interest referred to in Item 3 in the Schedule in the land described in Item 4 in the
Schedule (the “Land”). 

  

	B.	Such estate or interest is subject however to such encumbrances liens and interests set out in Item 5 in the Schedule. 

  

	C.	The parties have agreed for the Lessor to lease unto the Lessee that part of the Land described in Item 6 in the Schedule (the “Premises”), subject to the following
terms and conditions. 

  
 IT IS HEREBY AGREED AND DECLARED THAT:

  

	1.	EXCLUSION OF IMPLIED COVENANTS AND POWERS 

  
 None of the covenants or powers implied in a lease by virtue of any Act shall apply to or be implied in this Lease except insofar as they are expressly
included in the covenants contained in this Lease. 
  

	2.	LEASE 

  
 The Lessor leases unto the Lessee the Premises including all fixtures and fittings located thereon and the right to use the Common Areas. 
  

	3.	RENT 

  
 The Lessee shall pay to the Lessor the rent set out in Item 8 of the Schedule subject to variation as provided in Clause 20, payable in the manner set out in Item 10 of the Schedule, free of exchange and
deduction. 
  

	4.	TERM 

  
 The term of the lease is prescribed in Item 7 of the Schedule (the “Term”). 
  

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	5.	HOLDING OVER 

  
 If the Lessor permits the Lessee to continue in occupation of the Premises after the expiration of the Term, then the lease shall continue as a lease from
month to month, terminable by either party giving one (1) month’s written notice to the other, at the monthly rental equal to one twelfth (l/12th) of the Rent and otherwise on the terms and conditions contained in this Lease. 

 

	6.	RENTAL BOND 

  
 A rental bond in the amount specified in Item 11 of the Schedule (the “Bond”) shall be paid by the Lessee to the Lessor on or before
signing of this Lease and will be dealt with in accordance with Clause 10. 
  

	7.	THE LESSOR AGREES: 

  

	 	7.1	POSSESSION 

  
 To give possession of the Premises to the Lessee on the day on which the Term commences. 
  

	 	7.2	USE OF PREMISES 

  
 To allow the Lessee to have quiet enjoyment of the premises subject to Clause 9 of this Lease. 
  

	 	7.3	RATES 

  
 To pay all rates, taxes and assessments which during the Term may be charged upon or in respect of the Premises or the Land other than those for which the
Lessee is liable under this Lease. 
  

	 	7.4	HEAD LEASE 

  
 To duly perform and observe all the material terms and conditions of any State Lease relating to the Land. 
  

	 	7.5	MAINTENANCE OF AIR CONDITIONING UNITS 

  
 To be responsible for the repair and maintenance of the pre-installed air-conditioning units in the Premises. 
  

	8.	THE LESSEE AGREES: 

  

	 	8.1	RENT 

  
 To pay the Rent promptly and in the manner provided in this Lease. 
  

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	 	8.2	USE OF PREMISES 

  
 To ensure that the Premises are used only for the purposes set out in Item 12 of the Schedule. 
  

	 	8.3	CARE OF PREMISES 

  
 To take care of the Premises and to keep them in a clean condition, and in particular: 
  

	 	(a)	to clean the Premises regularly and keep all trade waste, trash and garbage in proper receptacles and arrange for the regular removal thereof from the Premises;

  

	 	(b)	to put nothing down any sink, toilet or drain likely to cause obstruction or damage; 

  

	 	(c)	to keep and maintain clean and in good repair and condition fittings, plant, furnishings and equipment of the Lessor; 

  

	 	(d)	as often as the Lessor may reasonably require but in any event at intervals of not less than three (3) years during the Term paint, colour and paper with materials and to
standards reasonably determined by the Lessor all parts of the Premises which have been or ought to have been painted, coloured and papered. 

  

	 	(e)	to make good any breakage, defect or damage to the Common Areas or to any adjoining premises occasioned by the misuse or abuse by the Lessee or its servants, agents, contractors,
sub-contractors, sub-tenants or invitees; 

  

	 	(f)	to immediately repair and replace all broken glass including exterior show windows with glass of the same or similar quality and all damaged or broken lighting, electrical equipment
and plumbing upon the Premises, occasioned by the misuse or abuse by the Lessee or its servants, agents, contractors, sub-contractors, sub-tenants or invitees; 

  

	 	(g)	to comply with all statutes, ordinances, proclamations, orders or regulations affecting or relating to the use of the Premises and all requirements, notices or orders given by any
governmental or other authority in respect of the Premises; 

  

	 	(h)	to make no alternations or additions to the Premises without the Lessor’s prior written consent; 

  

	 	(i)	to maintain, repair and keep the whole of the Premises in good substantial repair, working order and condition having regard to the condition thereof at the commencement of this
lease provided that the Lessee is not required to do work of a structural nature except so far as it is occasioned by the act, neglect or default of the Lessee, its servants, agents, contractors, sub-contractors, sub-tenants or invitees;

  

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	 	(j)	to ensure that nothing is done that might prejudice any insurance which the Lessor has in relation to the Premises or the Building or which might cause the premium in respect of
such insurance to be increased; 

  

	 	(k)	to notify the Lessor promptly of any loss, damage to or defect in the Premises; and 

  

	 	(l)	to notify the Lessor promptly of any infectious disease, or the presence of rats, cockroaches or similar pests. 

  

	 	(m)	to be responsible for the repair and maintenance of any additional air-conditioning units installed by the Lessee. 

  

	 	8.4	NUISANCE 

  
 To avoid any disturbance, nuisance or annoyance to neighbours whether by noise, behaviour, obstruction or other actions on the part of the Lessee or of
persons on the Premises with his consent. 
  

	 	8.5	CHARGES 

  
 To promptly pay all charges for telephone and electricity relating to the Lessee’s use of the Premises and all other charges and impositions levied
by any government department, public utility or authority for the supply of any service (excluding water) to the Premises. 
  

	 	8.6	INDEMNITY 

  
 To compensate or meet all claims of: 
  

	 	(a)	the Lessor for the loss of or damage to the Premises or the Building; 

  

	 	(b)	any person for the loss of or damage to his personal property; and 

  

	 	(c)	any person for personal injury: 

  
 as a result of neglect or a deliberate or careless act on the Premises or the Building or a breach of any condition of the Lease by the Lessee or any
person on the Premises or the Building with the Lessee’s consent. In such circumstances, the Lessee shall meet all claims, whether they are directly against him or against the Lessor. 
  

	 	8.7	SIGNS 

  
 Not to erect, display, affix or exhibit on or to the exterior of the Premises or the Building any signs, lights, embellishments, name or notice the
Lessor’s prior written consent. 
  

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	 	8.8	RULES AND REGULATIONS 

  
 Not to enter or use or permit to be entered or used the Premises or the Common Areas except in accordance with the Rules and Regulations (if any) for the
time being of the Building. 
  

	 	8.9	ASSIGNMENT OR MORTGAGE OF LEASE 

  
 Not to assign, transfer, sub-let, part with or share possession of or grant any licence affecting or mortgage, charge or otherwise deal with or dispose of
the Premises (or any part thereof) or the Lessee’s right, title and interest under this Lease without the Lessor’s prior written consent, which consent will not be unreasonably withheld in the case of a responsible and solvent transferee
or sub-tenant. 
  

	9.	INSURANCE 

  
 The Lessee FURTHER COVENANTS with the Lessor that:- 
  

	 	(a)	the Lessee will effect and keep on foot during the Term in the joint names of the Lessor and the Lessee an adequate public risk insurance policy in respect of the Premises (not in
any case to be for less than K1,000,000) during the Term; 

  

	 	(b)	the Lessee will not store chemicals, inflammable liquids, acetylene gas or alcohol, volatile or explosive oils, compounds or substances upon the Premises and will not use any such
substances or fluids in the Premises for any purpose other than those normally used in the course of the Lessee’s business; 

  

	 	(c)	all policies of insurance liable or required to be effected by the Lessee hereunder shall be taken out with a company approved by the Lessor which approval shall not be unreasonably
withheld; and 

  

	 	(d)	the Lessee will, in respect of any insurance to be effected by the Lessee hereunder when required by the Lessor immediately, produce to the Lessor the policy document and the
receipt for the last premiums. 

  
 BOTH PARTIES AGREE:

  

	10.	BOND 

  

	 	(a)	The Bond is to secure the Lessor against any failure by the Lessee to comply with those conditions of the Lease relating to the care or repair of the Premises, the payment of Rent
or charges and any other amount that may be payable by the Lessor by reason of a breach of any of the provisions of this Lease by the Lessee including, without limitation, any legal fees and disbursements incurred by the Lessor in relation to this
Lease. In the event of such failure, the Lessor is entitled to apply the Bond wholly or in part to any loss or damage sustained and to claim payment accordingly. 

  

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	 	(b)	Subject to Clause 10(a), the balance of the Bond shall be refunded by the Lessor to the Lessee upon the delivery of possession of the Premises to the Lessor on termination of the
Lease. 

  

	11.	ACCESS 

  

	 	(a)	The Lessee shall allow access to the Lessor or his agent: 

  

	 	(i)	when it is necessary to view the condition of the Premises or carry out repairs; or 

  

	 	(ii)	to erect “to let” signs and to show the Premises to intending tenants, after notice terminating the Lease has been given or within three (3) months prior to the
expiration of the Term; or 

  

	 	(iii)	to erect “for sale” signs and to show the Premises to intending purchasers, after the Lessor has given the Lessee notice of his intention to sell.

  

	 	(b)	The Lessor shall so far as possible give the Lessee reasonable notice of the time and date for such access. 

  

	 	(c)	The Lessor may have access at any time without notice in the case of an emergency. 

  

	12.	DEFAULT, TERMINATION, ETC. 

  

	 	12.1	The Lessor and the Lessee COVENANT AND AGREE that: 

  

	 	(a)  (i)	Each of the covenants by the Lessee which are specified in this paragraph are essential terms of this Lease: 

  

	 	(a)	the covenant contained in Clause 3 to pay the Rent throughout the Term; 

  

	 	(b)	Clause 6; 

  

	 	(c)	Clause 8.5; and 

  

	 	(d)	Clause 9(a). 

  

	 	(ii)	In respect of the Lessee’s obligation to pay the Rent, any acceptance by the Lessor of arrears or of any late payment of the Rent shall not constitute a waiver of the essential
nature of the Lessee’s obligation in respect of those arrears or of such late payments or in respect of the Lessee’s obligation to pay the Rent during the Term generally. 

  

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	 	(iii)	The Lessee covenants to compensate the Lessor in respect of any breach of an essential term of the Lease and the Lessor is entitled to recover damages form the Lessee in respect of
any such breach. The Lessor’s entitlement under this clause is in addition to any other remedy or entitlement to which the Lessor is otherwise entitled (including the right to terminate this Lease). 

  

	 	(b)      (i)	In the event that the Lessee’s conduct (whether acts or omissions) constitutes a repudiation of the Lease (or of the Lessee’s obligations under the Lease) or constitutes a
breach of any lease covenants the Lessee covenants to compensate the Lessor for the loss or damage suffered by it by reason of such repudiation or breach. 

  

	 	(ii)	The Lessor shall be entitled to recover damages against the Lessee in respect of repudiation or breach of covenant for the damage suffered by the Lessor during the Term.

  

	 	(iii)	The Lessor’s entitlement to recover damages shall not be affected or limited by any of the following:- 

  

	 	(A)	the Lessee abandoning or vacating the Premises; 

  

	 	(B)	the Lessor electing to re-enter or to terminate the Lease; 

  

	 	(C)	the Lessor accepting the Lessee’s repudiation; and 

  

	 	(D)	the parties conduct constituting a surrender by operation of law. 

  

	 	(iv)	The Lessor shall be entitled to institute legal proceedings claiming damages against the Lessee in respect of the Term including the periods before and after the Lessee has vacated
the Premises and before and after the abandonment, termination, repudiation, acceptance of the repudiation or surrender by operation of law referred to in paragraph (b)(iii) whether the proceedings are instituted either before or after such conduct.

  

	 	(v)	In the event of the Lessee vacating the Premises whether with or without the Lessor’s consent, the Lessor shall be obliged to take reasonable steps to mitigate its damages and
to endeavour to lease the Premises at a reasonable rent and on reasonable terms. The Lessor’s entitlement to damages shall be assessed on the basis that the Lessor should have observed the obligation to mitigate damages contained in this
paragraph. The Lessor’s conduct taken in pursuance of the duty to mitigate damages shall not, by itself, constitute acceptance of the Lessee’s breach or repudiation or a surrender by operation of law. 

  

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	 	(c)	If: 

  

	 	(i)	the Rent or any part thereof shall be unpaid for the space of fourteen (14) days after any of the days on which the same ought to have been paid and in accordance with the
covenants for payment herein contained (provided formal or legal demand has been made therefor); or 

  

	 	(ii)	the Lessee commits, permits or suffers to occur any breach or default in the due and punctual observance and performance of any of the provisions of this Lease which are essential
conditions as specified in Clause 12.1(a)(i); or 

  

	 	(iii)	the Lessee commits, permits or suffers to occur any serious persistent or continuing breach or default in the due and punctual observance or performance of any other obligations of
the Lessee under this Lease, 

  
 then the Lessor
may, at its option:- 
  

	 	(aa)	without any prior demand or notice re-enter into and take possession of the Premises or any part thereof (by force if necessary) and eject the Lessee and all other persons therefrom
and repossess and enjoy its former estate therein and thereupon this Lease shall be absolutely determined; or 

  

	 	(bb)	by notice in writing to the Lessee determine this Lease and from the date of giving such notice, this Lease shall be absolutely determined; or 

  

	 	(cc)	by notice in writing to the Lessee, elect to convert the Term into a tenancy from month to month or week to week at the option of the Lessor in which event this Lease shall be
determined as from the giving of such notice and thereafter the Lessee shall hold the Premises from the Lessor as tenant from month to month or week to week as aforesaid at a monthly rental equal to one twelfth (1/12th) of the annual rental paid by
the Lessee in the period of twelve (12) months immediately preceding the date of expiration conversion to monthly tenancy or weekly tenancy (as the case may be) and the Lessee’s proportion of any operating costs of the Building (such
rental and costs being payable monthly in advance) but otherwise on the terms and conditions of this Lease so far as they can be applied to a monthly tenancy or weekly tenancy as the case may be. 

  

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	 	(d)	On each and every occasion on which the Lessee omits or neglects to pay money or to do or effect anything which the Lessee has herein covenanted to pay, do or effect, then it shall
be lawful for, but not obligatory upon the Lessor (and without prejudice to any rights and powers arising from such default) to pay such money or to do or effect such thing by itself, its architects, agents, contractors and workmen as if it were the
Lessee and for that purpose, the Lessor, its architects, agents, contractors and workmen may enter upon the whole or any part of the Premises and there remain for the purpose of doing or effecting any such thing and the Lessor may recover the amount
of the expenses and costs of such payment, doing or effecting immediately. 

  

	 	(e)	Without prejudice to the rights, powers and remedies of the Lessor otherwise under this Lease, the Lessee will pay to the Lessor interest at the rate of eighteen per centum
(18%) on Rent or other moneys due but unpaid by the Lessee to the Lessor pursuant to this Lease, such interest to be computed from the due date for the payment of the moneys in respect of which the interest is chargeable until payment of such
moneys in full and to be recoverable in like manner as rent in arrears. 

  

	 	12.2	Upon the expiration or sooner termination or determination of this Lease, the Lessee shall deliver vacant possession of the Premises to the Lessor forthwith.

  

	13.	UNFORESEEN EVENT 

  
 If the whole or any part of the Premises shall be destroyed or damaged by fire flood lightning storm tempest or other disabling cause so as to render the
Premises substantially unfit for the use and occupation of the Lessee or so as to render the rebuilding or reconstruction of the Premises in their previous form impracticable or undesirable in the opinion of the Lessor then: 
  

	 	(i)	this Lease may be terminated without compensation by either the Lessor or the lessee by notice in writing to the other PROVIDED ALWAYS that the Lessee shall only be entitled to
terminate this Lease if the Lessor shall have failed to rebuild or reinstate the Premises within a reasonable time after notice in writing from the Lessee; 

  

	 	(ii)	any such termination as aforesaid shall be without prejudice to the rights of either party in respect of any antecedent breach matter on things; 

  

	 	(iii)	upon the happening of any such damage or destruction as aforesaid the Rent or a proportionate part thereof according to the nature and extent of the damage sustained shall abate and
all or any remedies for the recovery of the Rent or such proportionate part thereof shall be suspended until the Premises have been rebuilt or made fit for the occupation and use of the Lessee or until the Lease shall be terminated pursuant to the
provisions of sub-paragraph (i) of this clause as the case may be; 

  

	 	(iv)	in the event of any dispute arising out of this clause the same shall be referred to arbitration pursuant to the provisions of the Arbitration Act (Chapter 46).

  
 Nothing herein contained or implied shall be
deemed to impose any obligation upon the Lessor to rebuild or reinstate or make fit for occupation the Premises. 
  

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	14.	NOTICES 

  
 Any written notice required or authorized by the Lease: 
  

	 	(a)	shall be served on the Lessee at the Premises or by pre-paid post to Lessee’s postal address. 

  

	 	(b)	shall be served on the Lessor by pre-paid post to its registered office in Papua New Guinea; and 

  

	 	(c)	shall be deemed to be served on the second Business Day after posting, where it is sent by pre-paid post. 

  

	15.	DISPUTES 

  
 In any dispute or proceeding between the parties, both parties shall act reasonably and without delay and make all admissions necessary to enable the real
issues to be decided by the person specified in Item 13 of the Schedule to whom the subject matter of the dispute shall be referred who shall act as an expert and whose decision shall be final and binding on the parties and the Lessee and the
Lessor shall each bear one half of the costs of any determination made under this clause. 
  

	16.	COSTS 

  

	 	(i).	The Lessee shall, upon demand, pay the reasonable costs of the Lessor’s lawyers of and incidental to the negotiation, preparation and execution of the Lease and stamping and
attending to registration (if appropriate) of the Lease together with any reasonable out of pocket expenses in relation thereto. 

  

	 	(ii).	The Lessor shall pay the Ministerial Approval Fee. 

  

	17.	STATUTORY APPROVAL 

  
 This Lease is subject to the approval of the Minister for Lands and Physical Planning. 
  

	18.	SPECIAL CONDITIONS 

  
 This Lease is subject to the special conditions (if any) set out in Item 14 of the Schedule. 
  

	19.	OPTION 

  

	 	19.1	The Lessor will renew this lease for the further term set out in Item 15 of the Schedule if the Lessee gives the Lessor a written request not more than six (6) months or
less than three (3) months before this Lease expires. 

  

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	 	19.2	The Lessor does not have to renew this Lease if: 

  

	 	(a)	there is any unremedied default of which the Lessor has given the Lessee written notice; or 

  

	 	(b)	the Lessee has defaulted under this Lease during the Term. 

  

	 	19.3	The renewed Lease shall: 

  

	 	(a)	commence on the day after this Lease expires; 

  

	 	(b)	be at a rental determinable in accordance with the Rent Review provisions provided for in Item 9 of the Schedule; and 

  

	 	(b)	be on the terms and conditions contained in this lease including any provision for the review of rental but not including any provision for renewal. 

  

	20.	RENT REVIEW 

  
 On each Review Date, the Rent payable under this Lease shall be increased in accordance with Item 9 of the Schedule. 
  

	21.	INTERPRETATION 

  

	 	(a)	“agent” includes the Lessor’s estate agent or managing agent and any other person authorised to act on behalf of the Lessor. 

  

	 	(b)	“Building” means the building erected on the Land together with any modifications, extensions or alterations thereto from time to time and together with the fixtures,
fittings, furnishings, plant, machinery and equipment of the Lessor therein from time to time including but without affecting the generality hereof the Common Areas and each and every part thereof. 

  

	 	(c)	“Business Days” means a day on which trading banks are open for business in Port Moresby. 

  

	 	(d)	“Common Areas” means such areas, water closets and toilets in the Building as are designated by the Lessor for use by the Lessee and its invitees in common with other
persons entitled to use the same and for the purpose only of ingress and egress to and from the Premises and delivery of materials and goods properly used in the Premises, the forecourt, entrance, vestibules, lift, lobbies, corridors, passages,
stairways, landings and elevators in the Building which are intended for use by the Lessee in common with other persons entitled to use the same. 

  

	 	(e)	“this Lease” or the “the Lease” means this Lease including all Schedules and annexure hereto and Rules and Regulations (if any) made hereunder.

  

	 	(f)	“Lessee” includes the executors, administrators and permitted assigns of the Lessee. 

  

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	 	(g)	“Lessor” includes the heirs, executors, administrators and assigns of the Lessor, and where the context permits includes Lessor’s agent. 

  

	 	(h)	“month” means calendar month. 

  

	 	(i)	“Premises” includes any fixtures, fittings and appliances installed in the Premises and where the context permits includes any part of the Premises.

  

	 	(j)	“Review Date” means the date set out in Item 16 of the Schedule. 

  

	 	(k)	“Term” includes any period of renewal, extension or holding over permitted by the Lessor. 

  

	 	(l)	“State Lease” has the meaning attributed to that expression in the Land Registration Act Chapter 191 of the Revised Laws of Papua New Guinea. 

  

	 	(m)	Where the context permits, words expressed in the singular include the plural and vice versa, words expressed in the masculine gender include the feminine, and the words referring
to a person include a company. 

  

	 	(n)	Where two or more Lessees or Lessors are parties, the conditions of the lease shall bind them jointly and individually. 

  

	 	(o)	Headings have been inserted to assist the parties but they do not form a legal part of the Lease. 

  

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 THE SCHEDULE 
  

	ITEM 1:	LESSOR 

  
 PACIFIC RUMANA LIMITED, P O Box 504, Port Moresby, N.C.D., Papua New Guinea. 
  

	ITEM 2:	LESSEE 

  
 DATEC (PNG) LIMITED of P O Box 525, Port Moresby, N.C.D., Papua New Guinea. 
  

	ITEM 3:	ESTATE OR INTEREST 

  
 Leasehold 
  

	ITEM 4:	LAND 

  
 Land known as Allotment 32 Section 38, Hohola, N.C.D and being the whole of the land comprised in State Lease Volume 28 Folio 2. 
  

	ITEM 5:	PRIOR ENCUMBRANCES 

  
 Covenants, conditions and provisions contained in the relevant State Lease, otherwise nil. 
  

	ITEM 6:	PREMISES 

  
 The Ground Level and Level 1 of the building on the Land. 
  

	ITEM 7:	TERM 

  
 One year commencing on the 1st of April 2005 and terminating on the 31st of March 2006. 
  

	ITEM 8:	RENT 

  
 K125,000 plus 10% GST per month payable in advance. 
  

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	ITEM 9:	RENT REVIEW 

  
 The Lessor and Lessee covenant and agree that at each Review Date the rental under this Lease shall be increased by the percentage increase between the
CPI Index published for the last full quarter ending prior to the commencement of the Review Date and the CPI Index published for the last full quarter and ending prior to the Review Date or eight percent (8%) whichever is greater. The annual
review of rental shall in any case be not less than eight percent (8%) increase. 
  
 Review period is a period of twelve (12) months ending on the review date and; 
  
 “CPI Index” is the Consumer Price Index All Groups Combined Index relating to Port Moresby as published by the Papua New Guinea Bureau of
Statistics or if publication of such index is discontinued any index published in lieu thereof which measures the cost of living in Port Moresby. 
  

	ITEM 10:	PAYMENT OF RENT 

  
 Monthly in advance in an amount of K125, 000 plus 10% GST payable on the 1st day of each month during the term of this Lease to: 
  
 The Accountant 
 Pacific Rumana Limited 
 P O Box 504

 Port Moresby, N.C.D. 
  

	ITEM 11:	BOND 

  
 K125, 000.00 
  

	ITEM 12:	PURPOSE 

  
 Offices 
  

	ITEM 13:	EXPERT 

  
 The Papua New Guinea Institute of Valuers and Land Administrators Incorporated. 
  

	ITEM 14:	SPECIAL CONDITIONS 

  
 Nil 
  

	ITEM 15:	OPTION 

  
 Nil. 
  

	ITEM 16:	REVIEW DATE 

  
 1st January annually. 
  

 CLA: Pacific Rumana Lease to Datec (PNG) Limited 
 Allotment 32 Section 38 Hohola 
  
 16 

 EXECUTED as an agreement. 
  

EXECUTED under the common seal
of                                    [SEAL] 
 PACIFIC RUMANA LIMITED: 
  

					
			
	/s/ David Cox	 	 	 	/s/ Ere Kariko
	Signature of Director	 	 	 	Signature of Director / Secretary
			
	David Cox	 	 	 	Ere Kariko
	 Name
	 	 	 	 Name

  
 EXECUTED under the common seal
of                                    [SEAL] 
 DATEC (PNG) LIMITED 
  

					
			
	/s/ David Cox	 	 	 	/s/ Christopher Raper
	Signature of Director/Secretary	 	 	 	Signature of Director
			
	Davic Cox	 	 	 	Christopher Raper
	 Name
	 	 	 	 Name

  

 CLA: Pacific Rumana Lease to Datec (PNG) Limited 
 Allotment 32 Section 38 Hohola 
  
 17Lease Agreement dated December 1, 2004

 Exhibit 10.28 
  
 TENANCY AGREEMENT 
  
 THIS AGREEMENT is made the 1st day of December 2004 BETWEEN CENTREPOINT LIMITED of PO Box 1430 Honiara (hereinafter called “the landlord”) of the one part and DATEC (SI) LIMITED trading as DATEC (SI) LIMITED of PO Box
                     Honiara, (hereinafter called “the tenant”) of the other part 
  
 WHEREBY IT IS AGREED AS FOLLOWS:- 
  

	1.	The Landlord agrees to let and the Tenant agrees to take from the 1st day of December 2004 that part of Parcel Number 191-020-67, Lot Number 611 Mendana Avenue, Honiara known as
Unit 1, first floor, Centrepoint Building and delineated red on the attached plan (hereinafter called “the said premises”). 

  

	2.	The tenancy shall be for a period of Twenty-four (24) months commencing on the 1st day of December 2004 and determining on the 30th day of November
2006. 

  

	3.	The tenancy is fixed for the first twelve (12) months and may only he determined on the second twelve (12) months before the 30th day of November 2006 by either party giving two (2) months notice in writing of its intention to finish the tenancy prematurely.

  

	4.	The rent shall be Four thousand dollars $4000.00 per month paid monthly in advance for the first twelve months and for the last twelve months the monthly rent shall increase by
either the percentage change in the current period of Honiara Retail Price Index or by 10% whichever is the greater figure. 

  

	5.	The levy for the standby generator shall be $950.00 per month paid monthly in advance. 

  

	6.	The Landlord reserves the right to levy a service charge to cover the costs of maintaining the “common areas” referred to in Paragraph 9(c) provided that any service
charge levied shall accurately reflect the cost of maintaining these “common areas” and payment thereof shall be divided between all the tenants of this building on a per square metre basis. 

  

	7.	If the Landlord permits the Tenant to continue in occupation of the premises after the expiration of the term or any renewal thereof then the tenancy shall continue as a periodic
tenancy from month to month at such rent as the Landlord may determine, but otherwise on the same terms and conditions. 

  

	8.	THE TENANT HEREBY AGREES WITH THE LANDLORD as follows: 

  

	(a)	To pay the monthly rent on the first day of each month, at the times and in the manner written hereinbefore. 

  

	(b)	To retain the use of the said premises for no purposes other than for professional services and office. 

  

	(c)	Not to do or suffer to be done on the said premises any act matter or thing which shall or may be an annoyance or a nuisance to the Landlord or the owners or occupiers of adjoining
land or property. 

  

	(d)	 To report immediately to the Landlord during the period of the tenancy any suspected damage. 

	 	 
such as water leakage, plumbing defective or infestation of white ant, borer or other insect to the said premises, together with any other loss, damage or
defect. 

  

	(e)	To permit the Landlord and his agents to enter the said premises at all reasonable hours in the daytime and on giving reasonable notice for the purposes of viewing the condition
thereof. 

  

	(f)	To ensure that the said premises are kept in a clean, tidy and neat state at all times. 

  

	(g)	To make no alterations or additions to the premises, and to erect no sign or antenna, without the written consent of the Landlord, except that the tenant may display its name and
business in a Tenant’s directory at the entrance to the building, and if no Tenant’s directory is provided by the Landlord then on an externally mounted nameplate of a size and form to be approved by the Landlord at the entrance to the
building. 

  

	(h)	To do no decorating that involves painting, marking or defacing any part of the premises or fixing posters, without the written consent of the Landlord. 

  

	(i)	To fix racks, counters and partitions for use of the Tenant. This furniture and fixtures shall be removed by the Tenant at the expiration or sooner determination of the said term,
but care must be taken not to damage the walls, ceiling and floors on removing the fixtures. 

  

	(j)	To pay electricity charges relating to the tenant’s use of the premises. 

  

	(k)	To pay Council charges for rubbish removing. 

  

	(1)	Not to keep or store or cause or the storage of any fire-arm ammunition, gun-powder, gasoline, kerosene or other explosive or combustible substance or hazardous goods in the
premises. 

  

	(m)	Not to use the premises or allow the same to be used for any illegal or immoral purposes. 

  

	(n)	Not to sub-let any part of the premises to any other person or company. 

  

	(o)	To compensate or meet all claims of 

  

	 	(i)	the Landlord for the loss of or damage to part or whole of the premises; 

  

	 	(ii)	any person for the loss of or damage to his personal property, and 

  

	 	(iii)	any person for personal injury. 

  
 These should be qualified so that the Tenant is only liable for loss or damage caused by the Tenant, its servants or agents, and not for loss or damage
cause by accident or fire or other third party. 
  

	(p)	The premises shall not be used as living quarters and no cooking shall be done in the premises, except that the tenant or its employees may have refreshment facilities and eat lunch
in the premises. 

  

	(q)	To yield up the said premises together with fittings and chattels in good order and condition at the determination of the tenancy. 

	(r)	To replace the light bulbs and fluorescent tubes, repair and maintain the air conditioners within the office area when they are malfunctioned. 

  

	9.	THE LANDLORD HEREBY AGREES WITH THE TENANT as follows: 

  

	 	(a)	To keep the structure of the said premises and the roof, drains, main walls, main timber and septic tank in good repair and condition during tile period of this tenancy.

  

	 	(b)	To be responsible for the payment of all Council rates, water charges and land rent imposed in respect of the said premises but shall not be responsible for the payment of fees or
charges for services supplied; in particular telephone and electricity. 

  

	 	(c)	To maintain the “common areas” including grounds, paths, corridors, stairways, conveniences and all and any other common amenities which the tenant is not liable to
maintain, to a standard of repair not less than that as at the date of commencement of the tenancy (fair wear and tear excepted). 

  

	 	(d)	In the event that the premises shall be damaged arising from any accident or event and in consequence be unfit, in whole or in part, for the carrying on of its business then either
party shall have the right to terminate this tenancy by the giving of written notice to the other within 14 days of the event causing the damage. In such an event, the Landlord shall refund or pro rata abate the rent (where the premises may be
partially usable at the discretion of the tenant) hereby reserved. 

  

	 	(e)	That the Tenant paying the said rent and observing and performing all obligations under this Agreement may quietly enjoy the said premises without any lawful interruption by the
Landlord or any person rightly claiming through, under or in trust for him; provided that if any rent be in arrears for thirty days, whether legally demanded or not, the Landlord may re-enter the premises and immediately determine this tenancy as if
written notice to quit had been duly given and had expired. 

  

	 	(f)	Replace the air conditioner at the front door when the existing window air conditioner becomes out of reasonable repair. 

  
 IN WITNESS WHEREOF the parties hereto have hereunto set their hands and seals
the day and year first before written. 
  

					
	 THE COMMON SEAL OF
 CENTREPOINT LIMITED
(the Landlord) was
 hereunto affixed in the presence of:-
	 	 )
 )
	 	

	  	 	 	 
	 	 	 	 	Director: (signed)            Secretary (signed)
			
	 THE COMMON SEAL OF
 DATEC (SI) LIMITED (the
Tenant) was
 Hereunto affixed in the presence of:-
	 	 )
 )
	 	

	 	 	 	 	Manager (signed)            Secretary (signed)
			
	 	 	 	 	DATEC SOLOMON ISLANDS LIMITED

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