Document:

Exhibit 10.13

 

ADDITIONAL PROTOCOL

 

I –                       THE PARTIES

 

1.1                     Lessor:

 

D GAYRİMENKUL YATIRIMLARI VE TİCARET A.Ş.

 

Burhaniye Mahallesi, Kısıklı Caddesi No:65 Üsküdar — İstanbul

 

1.2                     Lessee:

 

D-MARKET ELEKTRONİK HİZMETLER VE TİCARET A.Ş.

 

Kuştepe Mah, Mecidiyeköy Yolu Cad, No: 12, K:2 Şişli - İstanbul

 

2-                           SUBJECT OF THE PROTOCOL:

 

This Additional Protocol (hereinafter referred to as the “Protocol”) has been issued regarding the partial termination of the Lease Agreement concluded between the parties on 24.12.2014 (hereinafter briefly referred to as the ‘‘Agreement’’)  Regarding the lease of the property as an office which is located in the 2nd Tower’s block structure (office floors) of the premises named registered in Istanbul Province, Şişli District, Mecidiyeköy, Sheet 298, Block 2524 and Parcel 3 and of which address is at Mecidiyeköy Mah. Şişli, İstanbul.

 

3-                           The Parties have agreed to arrange the agreement within the scope specified below, if the provisions of the existing Lease Agreement signed between them do not affect the validity of the provisions and these provisions remain valid.

 

4-                           The part of the lease agreement and additional protocols signed between the parties regarding the area of 26th floor 613 m2 has been terminated as of 15.06.2019 with the mutual agreement of the parties, and the agreement will continue on the floors and areas detailed below. The lessee’s rental fee, common expenses and usage expenses of the lessee shall continue to be paid within the scope of the provisions of the agreement on the following square meters as of 15.06.2019.

 

	
 
    	
 
    	
2nd Floor
    	
 
    	
3rd Floor
    	
 
    	
4th Floor
    	
 
    	
5th Floor
    	
 
    	
26th Floor
    	
 
    	
TOTAL
    
	
Area
    	
 
    	
2010 m2
    	
 
    	
1959 m2
    	
 
    	
1504 m2
    	
 
    	
1401 m2
    	
 
    	
100 m2
    	
 
    	
6974 m2
    

 

5-                           The Parties have released each other in a public and irrevocable manner in relation to the mutually and voluntarily terminated part of the Lease Agreement with this protocol.

 

6-                           This Protocol issued in two copies and the Lessor will pay the Stamp Duty and the entire amount will be invoiced to the Lessee. The Lessee shall pay the said amount to the Lessor’s bank account within 5 days from the invoice date.

 

The Protocol consisting of 6 (six) articles was issued and signed by the Parties on 15/06/2019.

 

	
Lessee
    	
Lessor
    
	
 
    	
 
    
	
D-Market Elektronik Hizmetler ve Ticaret A.Ş.
    	
D Gayrimenkul Yatırımları ve Ticaret A.Ş.
    
	
 
    	
 
    
	
(stamp and   signature)
    	
(stamp and   signature)Exhibit 10.14

 

ADDITIONAL PROTOCOL

 

I –                       THE PARTIES

 

1.1                     Lessor:

 

D GAYRİMENKUL YATIRIMLARI VE TİCARET A.Ş.

 

Burhaniye Mahallesi, Kısıklı Caddesi No:65 Üsküdar — İstanbul

 

1.2                     Lessee:

 

D-MARKET ELEKTRONİK HİZMETLER VE TİCARET A.Ş.

 

Kuştepe Mah, Mecidiyeköy Yolu Cad, No: 12  K:2 Şişli - İstanbul

 

2-                           SUBJECT OF THE PROTOCOL:

 

This Additional Protocol (hereinafter referred to as the “Protocol”) has been issued regarding the partial termination of the Lease Agreement concluded between the parties on 24.12.2014 (hereinafter briefly referred to as the ‘‘Agreement’’)  Regarding the lease of the leased property called as an office which is located in the 2nd Tower’s block structure (office floors) of the premises named registered in Istanbul Province, Şişli District, Mecidiyeköy District, Sheet 298, Block 2524 and Parcel 3 and of which address is at Mecidiyeköy Mah. Şişli, İstanbul.

 

3-                           The Parties have agreed to arrange the agreement within the scope specified below, provided that the provisions of the existing Lease Agreement signed between them do not affect the validity of the provisions and these provisions remain valid.

 

4-                           The part of the lease agreement and additional protocols signed between the parties regarding the area of 26th floor 100 m2 has been terminated as of 31.08.2019 with the mutual agreement of the parties, and the agreement will continue on the floors and areas detailed below. The Lessee’s rental fee, common expenses and usage expenses of the lessee shall continue to be paid within the scope of the provisions of the agreement on the following square meters as of 01.09.2019.

 

	
 
    	
 
    	
2nd Floor
    	
 
    	
3rd Floor
    	
 
    	
4th Floor
    	
 
    	
5th Floor
    	
 
    	
TOTAL
    
	
Area
    	
 
    	
2010 m2
    	
 
    	
1959 m2
    	
 
    	
1504 m2
    	
 
    	
1401 m2
    	
 
    	
6874 m2
    

 

5-                           The Parties have relinquished each other in a public and completely irrevocable manner in relation to the mutually and voluntarily terminated part of the Lease Agreement with this protocol.

 

6-                           This Protocol has been issued in two copies and the Stamp Duty will be paid by the Lessor and the entire amount will be invoiced to the Lessee. The lessee shall pay the said amount to the Lessor’s bank account within 5 days from the date of invoice.

 

The Protocol consisting of 6 (six) articles was issued and signed by the Parties on 21/08/2019.

 

	
Lessee
    	
 
    	
Lessor
    
	
 
    	
 
    	
 
    
	
D-Market Elektronik   Hizmetler ve Ticaret A.Ş.
    	
 
    	
D Gayrimenkul   Yatırımları ve Ticaret A.Ş.
    
	
 
    	
 
    	
 
    
	
(stamp and   signature)
    	
 
    	
(stamp and   signature)
    
	
 
    	
 
    	
 
    
	
/s/ D-Market Elektronik Hizmetler ve Ticaret A.Ş.
    	
 
    	
/s/ D Gayrimenkul   Yatırımları ve Ticaret A.Ş.Exhibit 10.15

 

ADDENDUM

 

1.                                      This agreement is an addendum and an integral part of the lease agreement dated 07/04/2014   signed between Megeye Lojistik A.Ş. and D-Market Elektronik Hizmetler ve Tic. A.Ş.

 

2.                                      Measurement results of the leased spaces:

 

	
LEASED SPACES MEASURED
    	
 
    	
M2
    	
 
    
	
First floor   storage space
    	
 
    	
21,328.54
    	
 
    
	
First mezzanine   of first floor
    	
 
    	
2,586.14
    	
 
    
	
Second mezzanine   of first floor
    	
 
    	
2,586.14
    	
 
    
	
Second floor   storage space
    	
 
    	
18,746.01
    	
 
    
	
First mezzanine   of second floor
    	
 
    	
2,974.92
    	
 
    
	
Second mezzanine   of second floor
    	
 
    	
2,974.92
    	
 
    
	
Total   storage space
    	
 
    	
40,074.55
    	
 
    
	
Total area of   first mezzanine on both floors
    	
 
    	
5,561.06
    	
 
    
	
Total area of   second mezzanine on both floors
    	
 
    	
5,561.06
    	
 
    
	
Total   mezzanine area
    	
 
    	
11,122.12
    	
 
    
	
TOTAL   LEASED SPACE
    	
 
    	
51,196.67
    	
 
    

 

3.                                      The parties have agreed to build and lease further two mezzanines on both of the floors in addition to the two mezzanines on the basement and ground floor as specified in the agreement. Consequently, a total of four (two on each storage floors) reinforced concrete mezzanines has been built in the premises as specified in the main agreement.

 

4.                                      The lessee shall not pay any rent during the first 18 months from the start of the rental period for the second mezzanine areas measured to be a total of 5,561.06 m2 built in addition to each floor apart from the first mezzanines as specified in the main agreement and continue to pay the rent specified for the mezzanine of the current period from the 19th month.

 

5.                                      The following table shows the rent payments of the first 18 months by measuring the    leased spaces pursuant to article 3.3. of the lease agreement dated 07/04/2014.

 

	
Years
    	
 
    	
Storage
   Area (m2)
    	
 
    	
Storage Area m2
   price (USD) + VAT
    	
 
    	
Mezzanine
   Area (m2)
    	
 
    	
Mezzanine m2
   price (USD) + VAT
    	
 
    	
Monthly Rent
   (USD) + VAT
    	
 
    
	
Year 1
    	
 
    	
40,074.55
    	
 
    	
5.15
    	
 
    	
5,561.06
    	
 
    	
3
    	
 
    	
223,067.11
    	
 
    
	
Year 2 (first   six months)
    	
 
    	
40,074.55
    	
 
    	
5.28
    	
 
    	
5,561.06
    	
 
    	
3.08
    	
 
    	
228,671.60
    	
 
    

 

EMBOSSED STAMP

 

BEYOĞLU 58TH NOTARY PUBLIC

Gülüzar IRMAK

Represented by Clerk Authorized to Sign

SELMA BÜYÜK

	
/s/ SELMA BÜYÜK
    	
 
    

 

 

6.                                      The following table shows the rent payments from the 19th month to the end of the contractual term:

 

	
Years
    	
 
    	
Storage
   Area (m2)
    	
 
    	
Storage Area m2
   price (USD) + VAT
    	
 
    	
Mezzanine
   Area (m2)
    	
 
    	
Mezzanine m2
   price (USD) + VAT
    	
 
    	
Monthly Rent
   (USD) + VAT
    	
 
    
	
Year 2 (2nd six months)
    	
 
    	
40,074.55
    	
 
    	
5.28
    	
 
    	
11,122.12
    	
 
    	
3.08
    	
 
    	
245,849.75
    	
 
    
	
Year 3
    	
 
    	
40,074.55
    	
 
    	
5.41
    	
 
    	
11,122.12
    	
 
    	
3.15
    	
 
    	
251,837.99
    	
 
    
	
Year 4
    	
 
    	
40,074.55
    	
 
    	
5.55
    	
 
    	
11,122.12
    	
 
    	
3.23
    	
 
    	
258,338.20
    	
 
    
	
Year 5
    	
 
    	
40,074.55
    	
 
    	
5.68
    	
 
    	
11,122.12
    	
 
    	
3.31
    	
 
    	
264,437.66
    	
 
    
	
Year 6
    	
 
    	
40,074.55
    	
 
    	
5.83
    	
 
    	
11,122.12
    	
 
    	
3.39
    	
 
    	
271,338.61
    	
 
    
	
Year 7
    	
 
    	
40,074.55
    	
 
    	
5.97
    	
 
    	
11,122.12
    	
 
    	
3.48
    	
 
    	
277,950.04
    	
 
    
	
Year 8
    	
 
    	
40,074.55
    	
 
    	
6.12
    	
 
    	
11,122.12
    	
 
    	
3.57
    	
 
    	
284,962.21
    	
 
    
	
Year 9
    	
 
    	
40,074.55
    	
 
    	
6.27
    	
 
    	
11,122.12
    	
 
    	
3.66
    	
 
    	
291,974.39
    	
 
    
	
Year 10
    	
 
    	
40,074.55
    	
 
    	
6.43
    	
 
    	
11,122.12
    	
 
    	
3.75
    	
 
    	
299,387.31
    	
 
    

 

7.                                      Rent payments shall start from 15/08/2015. The stamp duty in connection with this Additional  Protocol shall be borne by D-MARKET.

 

8.                                      All of the provisions of the Lease Agreement signed between the parties on 07/04/2014, which are not amended with this Additional Protocol shall remain fully in force and effect and be interpreted in its entirety including the provisions in this Additional Protocol. The parties hereby agree that this Additional Protocol is an integral part of the LEASE Agreement signed on 07/04/2014.

 

9.                                      This agreement consisting of 9 articles has been drawn up in one single copy and entered in to effect on the signing date. The original copy of the Additional Protocol shall be kept by Megeye and a copy shall be provided to D-MARKET. 01/09/2015

 

	
Megeye Lojistik A.Ş.
    	
 
    	
D-Market Elektronik Hizmetler ve Tic. A.Ş.
    
	
 
    	
 
    	
 
    
	
/s/ Megeye Lojistik A.Ş.
    	
 
    	
/s/ D-Market   Elektronik Hizmetler ve Tic. A.Ş.
    

 

CERTIFIED TRUE COPY

 

I certify that this is a true copy of the original document presented to me and a copy is caused to be signed by the applicant and kept in the file of our office and 1 copy is delivered to the applicant.

 

BEYOĞLU 58TH NOTARY PUBLIC

GÜLÜZAR IRMAK

 

BEYOĞLU 58TH NOTARY PUBLIC

Gülüzar IRMAK

Represented by Clerk Authorized to Sign

SELMA BÜYÜK

	
/s/ SELMA BÜYÜK

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