Document:

Exhibit_101

		
			EXHIBIT 10.1
		

		
			 
		

		
			DEED OF LEASE
		

		
			This Deed of Lease (“Deed”) is made at Bangalore on this the 27th day of July, 2017.
		

		
			BETWEEN
		

		
			RMZ Ecoworld Infrastructure Private Limited (formerly known as Adarsh Prime Projects Private Limited), a company incorporated under the Companies Act, 1956, having its registered office at Level 12–14, Tower ‘B’, The Millenia, No. 1 & 2, Murphy Road, Ulsoor, Bangalore 560 008, duly represented by its Authorised Signatory, Mr. Chatru M Menda, hereinafter referred to as the LESSOR  (which expression shall unless excluded by or repugnant to the subject or context be deemed to include its successors in interest, executors and permitted assigns) of the One Part;
		

		
			AND
		

		
			MobileIron India Software Private Limited, a Company registered under the Companies Act, 1956, having its registered office at 6th Floor, Western Pearl, Beside Google, Kondapur, Hyderabad 500 084, duly represented by its Regional Head – HR, Mr. Gaurav Kamra, hereinafter referred to as the LESSEE,  (which expression shall unless excluded by or repugnant to the subject or context be deemed to include its successors in interest, executors and permitted assigns) of the Other Part;
		

		
			(The LESSOR and the LESSEE are collectively referred to hereafter as the “Parties”);
		

			
	
			
				 A.
			

			
	
			
			WHEREAS:

			
	
			
				 i)
			

			
	
			
			The LESSOR herein is the absolute owner and in peaceful possession and enjoyment of the property bearing:

			
	
			
				 a.
			

			
	
			
			Sy. No. 98/1 admeasuring 2 Acres 16 Guntas;

			
	
			
				 b.
			

			
	
			
			Sy. No. 98/2 admeasuring 1 Acre 24 Guntas; 

			
	
			
				 c.
			

			
	
			
			Sy. No. 99(P) admeasuring 0 Acre 25 Guntas; and

		
			all situated at Bhoganahalli Village, Varthur Hobli, Bangalore East Taluk and totally admeasuring an extent of 04 Acres 25 Guntas morefully described in the Items 1, 2 and 3 of the Schedule A written hereunder and hereinafter referred to as Item Nos. 1, 2 and 3 Properties, which the Lessor has acquired from the Karnataka Industrial Area Development Board (“KIADB”) as follows:
		

			
	
			
				 ii)
			

			
	
			
			The LESSOR had applied to the Karnataka Industrial Area Development Board (‘KIADB’ for short) allotment of various lands situated in Doddakkannelli Village, Devarbeesanahalli Village and Bhoganahalli Village, including inter alia Item Nos. 1, 2 and 3 Properties; 

			
	
			
				 iii)
			

			
	
			
			Accordingly, KIADB had, vide Agreements dated 31.12.2004 duly registered as (i) Document No.BAS-1-24726/2004-05, Book I, stored in CD No. BASD 124, and  (ii) Document No.BAS-1-01566/2006-07 in Book I, stored in CD No. BASD 235, in the Office of the Sub-Registrar, Bangalore South Taluk, 

		 

		

			 

		

		

			 

		

		

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	Bangalore  allotted inter alia the Item Nos. 1, 2 and 3 Properties to the Lessor. 

			
	
			
				 iv)
			

			
	
			
			Subsequently, KIADB has handed over the possession of Item Nos. 1, 2 and 3 Properties to the Lessor, under Possession Certificates Nos. IADB 14667/DDO-I/3175/2003-04 dated 30/31.01.2004 and IADB 14667/11634/2003-04 dated 24.01.2004 respectively; and

			
	
			
				 v)
			

			
	
			
			Subsequently, after compliance with the terms and conditions as stipulated in the aforesaid Agreements dated 31.12.2004 and 19.04.2006, KIADB has executed a Sale Deed dated 28.08.2010, in favour of the Lessor herein, inter alia, in respect of Item Nos. 1, 2 and 3 Properties which was registered on 13.09.2010, as Document No. 3848/2010-11 of Book I and stored in CD No. VRTD 81, in the office of the Senior Sub Registrar, Varthur, Bangalore Urban District;

			
	
			
				 vi)
			

			
	
			
			The Item Nos. 1, 2 and 3 Properties come within the jurisdiction of Bruhat Bangalore Mahanagara Palike (“BBMP”) and BBMP has assigned Katha No.234,  to the said Properties vide certificate issued by the Assistant Revenue Officer, Mahadevapura Sub Division;

			
	
			
				 B.
			

			
	
			
			AND WHEREAS:

			
	
			
				 i)
			

			
	
			
			The Lessor herein is the absolute owner and in peaceful possession and enjoyment of the converted land being:

			
	
			
				 a.
			

			
	
			
			Sy. No.101 (P) admeasuring 08 Guntas; 

			
	
			
				 b.
			

			
	
			
			Sy. No. 102/1 admeasuring 13 Guntas;

			
	
			
				 c.
			

			
	
			
			Sy. No.102/2 admeasuring 24 Guntas; and 

			
	
			
				 d.
			

			
	
			
			Sy. No.100 admeasuring 02 Acres 27 Guntas;

		
			totally admeasuring 3 Acres 32 Guntas situated at Bhoganalli Village, Varthur Hobli, Bangalore East Taluk (formerly Bangalore Taluk) more fully described in Item No. 4 to 7 of Schedule A hereunder written and hereinafter referred to as Item Nos. 4, 5, 6 and 7 Properties respectively, having acquired the same by and under the following Sale Deeds executed in its favour by M/s. Adarsh Developers, M/s. Shivakar Infrastructure, Mr. B.M. Karunesh and Mr. B.M. Jayeshankar, who were the erstwhile owners of the same,-
		

			
	
			
				 a)
			

			
	
			
			Sale Deed dated 02.09.2011 registered as Document No. VRTD – 1 – 04861 - 2011/12 in CD No. VRTD 130 registered in the Office of the Sub Registrar, Varthur, Bangalore, in respect of Item Nos. 4, 6, 7 Properties and a portion of Item No. 5 Property; and

			
	
			
				 b)
			

			
	
			
			Sale Deed dated 02.09.2011 in respect of a portion of Item No. (v) property registered as Document No. VRTD – 1 – 04859 - 2011/12 in CD No. VRTD 130 registered in the Office of the Sub Registrar, Varthur, Bangalore in respect of the remaining portion of Item No. 5 Property;

			
	
			
				 ii)
			

			
	
			
			Item Nos. 4, 5, 6 and 7 properties were initially converted from agricultural to non-agricultural residential purposes vide the following orders;

			
	
			
				 a.
			

			
	
			
			Order No. ALN (E) VB SR/452/2004/05 dated 05.03.2005 for Sy. No.100 measuring 2 Acres 27 Guntas; 

		
			

		 

		

			 

		

		

			 

		

		

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				 b.
			

			
	
			
			Order No. ALN (E) VB SR/456/2004/05 dated 16.03.2005 for Sy. No.101 measuring 2 Acres 21 Guntas;  

			
	
			
				 c.
			

			
	
			
			Order No. BDS/ALN SR (SA)/332/2000/01 dated 24.04.2001 for Sy. No. 102/1 admeasuring 1 Acre;

			
	
			
				 d.
			

			
	
			
			Order No. BDS/ALN (E) VB/SR/19/2002/03 dated 12.08.2002 for Sy. No. 102/1 admeasuring 20 Guntas; 

			
	
			
				 e.
			

			
	
			
			Order No. ALN SR/(SA) 30/2001/02 dated 12.10.2001 for Sy. No. 102/2 measuring 2 Acres 03 Guntas; 

			
	
			
				 f.
			

			
	
			
			Order No. ALN (EVH) SR/ 33/2006-07 dated 14.10.2008 in respect of a portion of Item No. 5 Property measuring 0-20 Guntas;

			
	
			
				 iii)
			

			
	
			
			Subsequently, Item Nos. 4, 5, 6 and 7 properties were converted from residential to industrial hi-tech purposes vide the following orders:

			
	
			
				 a.
			

			
	
			
			Order No. ALN (E) VB SR/452/ 2004/05 dated 05.03.2012 for Sy. No.100 measuring 2 Acres 27 Guntas; 

			
	
			
				 b.
			

			
	
			
			Order No. ALN (E) VB SR/456/ 2004/05 dated 05.03.2012 for Sy. No.101 measuring 2 Acres 21 Guntas;

			
	
			
				 c.
			

			
	
			
			Order No. BDS/ALN SR (SA)/332/2000/01 dated 05.03.2012 for Sy. No. 102/1 admeasuring 1 Acre and 

			
	
			
				 d.
			

			
	
			
			Order No. BDS/ALN (E) VB/SR/19/2002/03 dated 05.03.2012 for Sy. No. 102/1 admeasuring 20 Guntas;

			
	
			
				 e.
			

			
	
			
			Order No. ALN SR/(SA) 30/2001/02 dated 05.03.2012 for Sy. No. 102/2 measuring 2 Acres 03 Guntas; 

			
	
			
				 f.
			

			
	
			
			Order No. ALN (EVH) SR/33/2006-07 dated 05.03.2012 in respect of the aforesaid portion of Item No. 5 Property;

			
	
			
				 C.
			

			
	
			
			AND WHEREAS:

			
	
			
				 i)
			

			
	
			
			The Lessor is the absolute owner of converted land being a portion of Sy. No. 102/3 admeasuring 0-22 Guntas which is more fully described in Item No. 8 of the Schedule A hereunder written and is hereinafter referred to as Item No. 8 Property;

			
	
			
				 ii)
			

			
	
			
			The Item No. 8 Property was acquired by the Lessor by and under a Deed of Exchange dated 10.05.2005 registered as Document No.VRT-1-00683-2012/13 and stored in CD No. VRTD 152 dated 10.05.2012, in the office of the Sub – Registrar, Varthur, Bangalore executed between the Lessor and one Mr. B.P. Venkatswamy Reddy;

			
	
			
				 iii)
			

			
	
			
			Item No. 8 Property has been converted from agricultural to non agricultural industrial (hi-tech) purpose vide Conversion Order bearing No. ALN (EVH) SR/347 2008/09 dated 17.09.2011;

			
	
			
				 D.
			

			
	
			
			AND WHEREAS:

			
	
			
				 i)
			

			
	
			
			The LESSOR is the absolute owner of converted land bearing Sy. No. 99 admeasuring 3 Acres 33 Guntas situated at Bhoganahalli Village, Varthur Hobli, Bangalore East Taluk (formerly Bangalore South Taluk) which is more fully described in the Item No. 9 of the Schedule A  hereunder written and is hereinafter referred to as Item No. 9 Property;

		
			

		 

		

			 

		

		

			 

		

		

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				 ii)
			

			
	
			
			The Item No. 9 property has been acquired by the Lessor by and under a Sale Deed dated 25.08.2011 duly registered as Document No.VRT-1-94616/2011-12 and stored in CD No. VRTD 128, with the Sub – Registrar, Varthur, Bangalore executed in its favour by Mr. Jayaram Reddy and other, M/s. Adarsh Developers and M/s. J.N. IT Park;

			
	
			
				 iii)
			

			
	
			
			Out of the extent of 03 Acres and 33 Guntas of Item 9 Property, a portion admeasuring 03 Acres 23 Guntas has been converted from agricultural to non-agricultural residential purpose vide Order No. BDS. ALN (E) VB : SR:221/2003-04 dated 02.09.2003.  

			
	
			
				 iv)
			

			
	
			
			The aforesaid portion admeasuring 03 Acres 23 Guntas has subsequently been coverted to non-agricultural hi – tech purpose vide Order No. ALN (E) VB: SR: 221/ 2003-04 dated 05.03.2012 issued by the Spl. Dy. Commissioner, Bangalore District, Bangalore;

			
	
			
				 v)
			

			
	
			
			Further, by an Order bearing No. ALN (EVH) SR:244/2011-12 dated 24.08.2011 issued by the Spl. Dy. Commissioner, Bangalore District, Bangalore the remaining extent of Item No. 9 Property admeasuring 10 Guntas, has also been converted from agricultural to non-agricultural hi-tech purposes;

			
	
			
				 E.
			

			
	
			
			AND WHEREAS the Item Nos. 4 to 9 Properties come within the jurisdiction of BBMP and BBMP had assigned Katha No.286 in the name of the Lessor along with other properties;

			
	
			
				 F.
			

			
	
			
			AND WHEREAS Item Nos. 1, 2, 3, 4, 5, 6, 7, 8 & 9 Properties totally admeasuring approximately 12 Acres 32 Guntas, form one compact block of land, which is more fully described in the Schedule B hereunder and hereinafter referred to as the Schedule B Property.  

			
	
			
				 G.
			

			
	
			
			AND WHEREAS the Schedule B Property along with other adjacent immoveable properties were notified as a Special Economic Zone by the Ministry of Commerce and Industry vide Notification dated 28.09.2006 issued under the provisions of Special Economic Zones Act, 2005 and rules and regulations framed thereunder (“SEZ Act”); and

			
	
			
				 H.
			

			
	
			
			AND WHEREAS subsequently, the Schedule B Property has, pursuant to the request of Lessor, been denotified from the purview of the SEZ Act and the same has been communicated to the Lessor vide letters dated 24.12.2009 and 21.09.2010;

			
	
			
				 I.
			

			
	
			
			AND WHEREAS the name of the Lessor which was originally M/s. Adarsh Prime Projects Private Limited has since been changed to RMZ Ecoworld Infrastructure Private Limited as evidenced by the Fresh Certificate of Incorporation dated 26.07.2012 issued by the Registrar of Companies, Karnataka; and

			
	
			
				 J.
			

			
	
			
			AND WHEREAS in the aforesaid manner, the Lessor herein has become the absolute owner and in possession and enjoyment of the Schedule B Property.

			
	
			
				 K.
			

			
	
			
			AND WHEREAS  the Lessor is, accordingly, in the process of developing buildings comprising of commercial office space on the Schedule B Property (which is also referred to as “Plot C3”),  in accordance with the plans sanctioned by the KIADB, in part of a larger Project known as “RMZ Ecoworld”, (the “said Project”) and one of the buildings being so developed, 

		 

		

			 

		

		

			 

		

		

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	is Campus No. 7  (hereinafter referred to as the “Building”) comprising of 2 [Two] Basements plus ground plus Ten [10] upper floors.

			
	
			
				 L.
			

			
	
			
			AND WHEREAS the Lessee, a company engaged in Information Technology/ Information Technology Enabled Services business and being in need of suitable premises to conduct its business operations, is desirous of taking on lease, the Office space being Unit No. 803 and Unit No. 804 on the 8th floor, measuring 40,532 square feet of Leasable Built-up Area (defined here below) of the said Building, as shown on the Plan annexed hereto as Annexure III along with the exclusive right of use of 51  (Fifty One Only) Nos. open and covered car parking spaces across the basement and surface parking areas of the Building (calculated at the rate of 1 (One) Car Parking Space for every 800 [Eight Hundred] Square Feet of Leasable Built – up Area). The said Unit No. 803 and Unit No. 804 is hereinafter referred to as the “Office Space” and the said car parking spaces are hereinafter referred to as the “Parking Spaces” and the Office Space and Parking Spaces are together referred to as the “Premises” and are more fully described in the Schedule C hereunder written;

			
	
			
				 M.
			

			
	
			
			AND WHEREAS the Lessee confirms that it has satisfied itself in all respects with regard to the right, title and authority of the Lessor with respect to the Premises as well as the area of the Premises and shall not raise any issues in this regard;

			
	
			
				 N.
			

			
	
			
			AND WHEREAS the Lessee has obtained all the pre-requisite sanctions, approvals, licenses, from all the statutory/competent authorities, which may be necessary for commencement of its business operations in the Premises and upon assurances of the Lessee that it shall strictly abide by the stipulations contained in this Deed, the Lessor has agreed to give on lease to the Lessee the Premises on the terms and conditions recorded herein;

		
			NOW THEREFORE, IN CONSIDERATION OF THE RENT AGREED TO BE PAID BY THE LESSEE AND THE SECURITY DEPOSIT AGREED TO BE DEPOSITED BY THE LESSEE AS PER THE TERMS HEREIN AND OF THE RECIPROCAL PROMISES AND COVENANTS HEREIN SET FORTH AND FOR OTHER GOOD AND VALUABLE CONSIDERATION, THE RECEIPT, ADEQUACY AND LEGAL SUFFICIENCY OF WHICH ARE HEREBY ACKNOWLEDGED, THE PARTIES MUTUALLY AGREE AS FOLLOWS:
		

			
	
			
				I.
			

			
	
			
			GRANT OF LEASE:

			
	
			
				 a)
			

			
	
			
			In consideration of the Rent herein agreed to be paid by the Lessee to the Lessor and the Security Deposit deposited by the Lessee with the Lessor in accordance with the terms and conditions of this Lease Deed and of the covenants, obligations, terms and conditions to be mutually performed and observed, the Lessor hereby grants on lease to the Lessee and the Lessee hereby takes on lease from the Lessor the said Premises, viz., Unit No. 803 and Unit No. 804 on the Eight floor, measuring 40,532  square feet of Leasable Built-up Area (defined here below) of the said Building, as shown on the Plan annexed hereto as Annexure III along with the exclusive right of use of 51 (Fifty One Only) Nos. car parking spaces in the basement of the Building, in Warm Shell condition (defined hereunder), on the terms and conditions hereinafter appearing.

			
	
			
				 b)
			

			
	
			
			The specific location of the said Car Parking Spaces shall be as shown on the Plan annexed hereto as Annexure - III A.

		
			

		 

		

			 

		

		

			 

		

		

			Page 5 of 35

		

		

			 

		

 

		

			
	
			
				 c)
			

			
	
			
			The expression “Leasable Built-up Area” as used in this  Lease Deed (defined hereunder), shall mean the total area of the Premises for which rent shall be charged viz., (a) the built-up area of the Premises including walls and external finish; and (b) the balconies and sit-outs areas of the Building; and (c) the proportionate share in all the common areas of the Building, lobbies, common amenities and services like lift-well staircase, Electro mechanical rooms, Society rooms, Security Rooms, etc.

			
	
			
				 d)
			

			
	
			
			The expression “Warm Shell Condition” as used in this Deed and in the Lease Deed (defined hereunder), shall mean:

			
	
			
				i.
			

			
	
			
			Base Building as per Lessor’s standard specifications as annexed hereto as Annexure II;

			
	
			
				ii.
			

			
	
			
			Power from Bangalore Electricity Supply Company Limited at the rate 0.8 Kva / 100 sqft (Including HVAC and Common Infrastructure Loads);

			
	
			
				iii.
			

			
	
			
			Finished Toilets as per Lessor’s standard specifications;

			
	
			
				iv.
			

			
	
			
			Finished Lobbies as per Lessor’s standard specifications;

			
	
			
				v.
			

			
	
			
			Power Back up 0.8 Kva / 100 sqft (Including HVAC and Common Infrastructure Loads); and

			
	
			
				vi.
			

			
	
			
			High Side Air-conditioning (Consisting of Common Chillers with piping up to the AHU and the AHU Units on the floors).

			
	
			
				II.
			

			
	
			
			DELIVERY OF POSSESSION:

			
	
			
				 a)
			

			
	
			
			The Lessor has completed the Building / said Premises in accordance with the specifications provided in Annexure II and has obtained the Occupation Certificate in respect of the Building/ said Premises and has delivered the possession of the said Premises to the Lessee on July 1, 2017.

			
	
			
				 b)
			

			
	
			
			It is agreed that the Lessee shall be entitled to commence fit-out works in the Premises from the Lease Commencement Date, in accordance with the Fit Out Guidelines attached hereto as Annexure VI and subject to the Lessee submitting and getting approval of the final interior lay-out plan from the Lessor before commencement of its fit out works. 

			
	
			
				III.
			

			
	
			
			LEASE COMMENCEMENT DATE: 

		
			The Lease in respect of the Premises has commenced on and from the date of delivery of possession of said Premises by the Lessor to the Lessee in accordance with Clause II (a) above, viz., on and from July 1, 2017 and such date shall hereinafter be referred to as the “Lease Commencement Date”. 
		

			
	
			
				IV.
			

			
	
			
			TERMS AND CONDITIONS OF THE LEASE:

		
			The LESSOR agrees to grant on Lease to the LESSEE and the LESSEE agrees to take on lease from the LESSOR, the said Premises on the following terms and conditions:
		

			
	
			
				 1.
			

			
	
			
			DURATION OF LEASE:

		
			The duration of the lease  in respect of the Premises shall be 5  (Five) years commencing from the Lease Commencement Date (hereinafter referred to as the “Initial Term”).
		

		
			

		 

		

			 

		

		

			 

		

		

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				 2.
			

			
	
			
			RENEWAL OF LEASE:

			
	
			
				 a.
			

			
	
			
			If the Lessee has not contravened any of the terms and conditions of the lease and requests the Lessor to renew the lease, the Lessor shall grant such renewal, for 1 (One) additional period (such period being referred to as the “Renewed Period”) of 5 (Five) years, on the same terms and conditions as herein contained and such other terms and conditions, if any, as may be mutually agreed upon between the Parties subject, however, to payment of the escalated rent (as per Clause 4 (c) below), escalated maintenance charges and charges for consumption of power, water, back – up power, at the rates applicable at the time of such renewal.  

			
	
			
				 b.
			

			
	
			
			Provided that, if the Lessee is desirous of such renewal, the Lessee shall issue a notice of such intent to the Lessor at least 6  (Six) months prior to the expiry of the term of the lease herein.  

			
	
			
				 c.
			

			
	
			
			It is agreed that such renewal shall be effected by means of a fresh lease deed to be executed by the parties, and registered at the cost of the Lessee, before the commencement of the Renewed Period.

			
	
			
				 d.
			

			
	
			
			In the event of the Lessee not exercising its option to renew the Lease within the period and in the manner as stated above, the aforesaid option to so renew shall stand abandoned and forfeited unless the Lessor agrees otherwise.

			
	
			
				 3.
			

			
	
			
			RENT COMMENCEMENT DATE: 

		
			The obligation of the Lessee to pay rent shall commence on and from September 15, 2017, which date is referred to hereinafter as the “Rent Commencement Date”.
		

			
	
			
				 4.
			

			
	
			
			RENT:

			
	
			
				 a.
			

			
	
			
			The Lessee shall, on and from the Rent Commencement Date, pay every month to the Lessor, rent (hereinafter referred to as the “Rent”) in respect of the Premises, which shall be the aggregate sum of Rs. 34,61, 592/- (Rupees Thirty Four Lakhs Sixty One Thousand Five Hundred and Ninety Two Only) calculated as below, plus all present and future Taxes as defined in Clause 10 (f) below: 

			
	
			
				i.
			

			
	
			
			A sum of Rs. 32,83,092/- (Rupees Thirty Two Lakhs Eighty Three Thousand and Ninety Two Only), being rent for the Office Space calculated at the rate of Rs. 81/- (Rupees Eighty One  Only) per Sq. Ft. of the Leasable Built Up Area of the Office Space per month thereof (“Office Space Rent”);

			
	
			
				ii.
			

			
	
			
			A sum of Rs. 1,78,500/- (Rupees One Lakh Seventy Eight Thousand Five Hundred  Only), being rent for for 51 number of car parking spaces, calculated at the rate of Rs. 3,500/- (Rupees Three Thousand Five Hundred Only) per car parking space per month (“Car Parking Space Rent”).

		
			

		 

		

			 

		

		

			 

		

		

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				iii.
			

			
	
			
			For clarity, the Office Space Rent and the Car Parking Rent are together referred to as “Rent”.

		
			 
		

			
	
			
				 b.
			

			
	
			
			Manner of Payment of Rent: 

		
			The Lessee shall pay the Rent and the Taxes for the Premises to the Lessor every month in advance to the Current Account No. 34649389961 of the Lessor, maintained with State Bank of India, Industrial Finance Branch, Mid Corporate Group, Residency Plaza, Residency Road, Bangalore - 560025 SBIN0008598 (IFSC), on or before the 10th day of each English calendar month subject to tax deduction at source. In case the Lessee delays payment of Rent, on the date stipulated herein, the Lessee shall, without prejudice to the right of the Lessor to terminate the Lease as provided for in Clause 15 (a) below, pay simple interest at the rate of 18% per annum on overdue Rent or any portion thereof from the date on which it is due till the date of payment. 
		

			
	
			
				 c.
			

			
	
			
			Escalation of Rent:  

		
			The Rent for the Premises shall stand escalated at the rate of 15% (Fifteen Percent Only), every 3 (Three) years commencing from the Lease Commencement Date (including during any renewed period of the Lease), over the Rent paid by the Lessee in the month immediately prior to such escalation.
		

			
	
			
				 5.
			

			
	
			
			SECURITY DEPOSIT:

			
	
			
				 a.
			

			
	
			
			The Lessee shall deposit and maintain with the Lessor during the Initial Term and all Renewed Periods of the lease, an interest free refundable security deposit, (hereinafter referred to as the “Security Deposit”)  being a sum equivalent to the Rent payable for 6 (Six) months, amounting to Rs. 1,96,98,552/-  (Rupees One Crore Ninety Six Lakhs Ninety Eight Thousand Five Hundred and Fifty Two Only), paid / payable for the Office Space, in the following manner: 

			
	
			
				i.
			

			
	
			
			A sum equivalent to the Rent payable for 2 (Two) months amounting to Rs. 65,66,184/- (Rupees Sixty Five Lakhs Sixty Six Thousand One Hundred and Eighty Four only) has been paid by the Lessee to the Lessor vide bank transfer UTR Reference No. N138170296133181 dated May 18, 2017, before execution of this Deed of Lease; and

			
	
			
				ii.
			

			
	
			
			The balance sum of Rs. 1,31,32,368/- (Rupees One Crore Thirty One Lakh Thirty Two Thousand Three Hundred and Sixty Eight only) is paid by the Lessee to the Lessor vide bank transfer UTR Referenc No. N202170334722631, before delivery of possession of the Premises on lease as per Clause II above;

			
	
			
				 b.
			

			
	
			
			Upon termination or expiry of the lease as specified herein, the Lessor shall forthwith refund to the Lessee, the entire Security 

		 

		

			 

		

		

			 

		

		

			Page 8 of 35

		

		

			 

		

 

	Deposit after lawful deductions, if any, of Rent, CAM Charges (defined hereinbelow), electricity charges, or any other amounts due and payable by the Lessee under the Lease Deed.

			
	
			
				 c.
			

			
	
			
			On expiry or earlier termination of the Lease, provided the Lessee is ready and willing to hand over vacant possession of the Premises, if the Lessor fails to refund the Security Deposit after adjusting the amounts due and payable in accordance with Clause 5 (b) above, the Lessor shall refund the Security Deposit with interest at the rate of 18% (Eighteen Percent Only), per annum payable on the Security Deposit for the delayed period from the date of expiry or termination till the date of payment and the Lesse shall be entitled to lock the Office Space and hold the key without payment of Rent and CAM Charges until such time the entire Security Deposit, alongwith the said interest payable, is refunded by the Lessor.

			
	
			
				 d.
			

			
	
			
			If the Lessee fails to hand over the possession of the Premises upon expiry or earlier termination of Lease, in spite of the Lessor’s readiness to refund the Security Deposit payable less any deductions in accordance with Clause 5 (b) above, the Lessee shall be liable to pay, as and by way of  pre-determined liquidated damages that will be caused to the Lessor and the same is agreed as such, an amount equivalent to twice the Rent payable hereunder as damages for the delayed period (from the date of termination of the lease till the date of handing over of possession) in respect of the Premises for every day of such delay/ default for the first 15 (fifteen) days from the date of expiry or earlier termination. In the event that such delay/ default continues beyond 15 (fifteen) days from the date of expiry or termination, the liquidated damages shall be an amount equivalent to 5 (five) times the last paid Rent in respect of the Premises for every day of such delay/ default. The Lessee agrees that it shall not at any time dispute or object the quantum of damages mentioned above. Such compensation will be computed at the aforesaid rate for the period of delay. The abovementioned right shall be without prejudice to the right of the Lessor to evict the Lessee and the Lessor shall be entitled to prevent and stop the entry of the Lessee and all others in the Premises and the Lessee shall be deemed a trespasser in the Premises. It is clarified that payment of such damages shall not tantamount to extension or renewal of lease or creation of a monthly lease. In the event that the default continues and the Lessee fails to hand over vacant possession of the Premises to the Lessor for a period exceeding two (2) months from the expiry or earlier termination of the Lease, the Lessor shall, without prejudice to any other rights and remedies available to the Lessor under this Lease Deed or otherwise in accordance with law, be entitled to forfeit the entire amount of the Security Deposit. 

			
	
			
				 6.
			

			
	
			
			LOCK-IN PERIOD:

			
	
			
				 a.
			

			
	
			
			The period of 03 (Three) years from the Lease Commencement Date shall be treated as a “Lock – in Period”, during which the 

		 

		

			 

		

		

			 

		

		

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	Lessee shall not abandon, surrender or terminate the lease or cause the lease to be terminated, in any manner whatsoever, except in case of termination of the lease by the Lessee on account of breach by the Lessor as mentioned in this Deed. In the event of breach by the Lessee of this clause, the Lessee shall be liable to pay to the Lessor, the Rent for the unexpired portion of the Lock-in Period. Further, in the event the Lessee terminates the Lease prior to the expiry of Lock-in Period for the reasons other than those mentioned herein and has also availed a Rent Free Period (period between the Lease Commencement and Rent Commencement) during the Initial Term, an amount equivalent to the proportionate rent free period extended for the unexpired Lock-in period shall be refunded by the Lessee to the Lessor or deducted from the Security Deposit lying with the Lessor.

			
	
			
				 b.
			

			
	
			
			If the Lessee wishes to terminate the Lease, they shall be entitled to do so by providing 6 (Six) months written notice to the Lessor which may be served only after the expiry of the Lock in Period.

			
	
			
				 7.
			

			
	
			
			REPRESENTATIONS, WARRANTIES AND COVENANTS OF THE LESSOR 

		
			The Lessor represents, warrants and covenants to the Lessee as follows:-
		

			
	
			
				 a.
			

			
	
			
			The Lessor is the sole and absolute owner of the Premises and has the absolute right and power to grant lease of the Premises to the Lessee upon the terms and conditions herein contained and the Lessor confirms that there are no legal impediments of any nature whatsoever, and the Lessor shall not create during the subsistence of the lease, any tenancy or any other right or charge (except what has been stated in sub-clause (b), below), in favor of any other party in respect of the Premises.

			
	
			
				 b.
			

			
	
			
			The Lessor has obtained a loan from State Bank of India, Industrial Finance Branch, Mid Corporate Group, Residency Plaza, Residency Road, Bangalore-560025, on the security of the Premises. In respect of the Premises, the Lessor represents that as on the date hereof, it has not obtained loan from any bank other than the bank specified above. 

			
	
			
				 c.
			

			
	
			
			The Lessor has no objection for the Lessee to obtain necessary approvals and/or permissions from the Government Agencies/ Authorities/ Departments, Private Service providers to operate its business during the subsistence of the lease, and shall provide all reasonable assistance, at the cost of the Lessee, in this regard if requested by the Lessee.

			
	
			
				 d.
			

			
	
			
			That the Lessee, on paying the Rent and abiding by the terms and conditions of this Lease Deed, shall peacefully hold and enjoy the Premises during the Initial Term and any renewed period/s thereof, without any interruption, interference or disturbance whatsoever, by or from the Lessor or any person/s claiming under, through or in trust for them/it or otherwise. 

		
			

		 

		

			 

		

		

			 

		

		

			Page 10 of 35

		

		

			 

		

 

		

			
	
			
				 e.
			

			
	
			
			The Lessor confirms that the Lessee shall on and from the Lease Commencement Date, be permitted to make non-structural alterations, (“Lessee’s Improvements”) in a good, workman like, safe and sound manner within the Office Space, in accordance with the Lessee's business needs, subject to the Fit Out Guidelines annexed hereto as Annexure VI.  

			
	
			
				 f.
			

			
	
			
			The Lessee is aware that the Building is designed to provide for an occupancy of 1 (one) person to every 10 (Ten) Square meters of Leasable Area, floor wise. If the Lessee exceeds above occupancy ratio, the Lessor will not be liable for loss of life, injury, damages, claims, etc., in any manner whatsoever, caused as a result of the same. Further, the Lessee shall be solely responsible for safety and security of its employees, visitors or guests who are visiting/operating in the Premises. The Lessee shall be solely responsible to ensure that no overcrowding of the common areas takes place in the  Building/Project and that in the event of any fire or any other emergency (ies) in the Building/ Premises, which requires evacuation of the occupants, it shall be solely responsible for safely evacutating its employee’s visitors, guests etc., as aforesaid from the Premises. 

			
	
			
				i.
			

			
	
			
			On the expiry or sooner determination of the Lease, the Lessee shall be required to reinstate the Premises to the same condition as they shall be on the date of commencement of the lease, subject to normal wear and tear. The Lessee shall, without causing any damage to the Premises, be required to remove and take out all its furniture, fixtures, modular partitions, equipments and all other items installed by the Lessee at its cost.

			
	
			
				ii.
			

			
	
			
			Any damage caused to the premises and/or any part of the common areas and the fixtures in the common areas, other than normal wear and tear, shall be repaired / rectified by the Lessee at its own costs, failing which the Lessor shall be entitled to repair /rectify such damages at the cost of the Lessee and deduct the cost of such repairs/rectification from and out of the Security Deposit or otherwise.

			
	
			
				iii.
			

			
	
			
			However, upon expiry or sooner determination of lease, the Lessee may, at the sole option of the Lessor, leave behind in the Premises, such of the Lessee Improvements, as the Lessor may in its sole discretion permit and any Lessee Improvements left behind shall belong to the Lessor at no additional cost to the Lessor.

			
	
			
				iv.
			

			
	
			
			The Lessee shall have the right to install satellite dish, VSAT, Split AC on the terrace of the Premises at its own cost and expense after obtaining necessary permission/sanction from the concerned authority and after obtaining the Lessor’s consent as regards feasibility, location, etc., of the same. The Lessee shall 

		 

		

			 

		

		

			 

		

		

			Page 11 of 35

		

		

			 

		

 

	not pay any rent to the Lessor for installing the satellite dish on the terrace of the premises.

			
	
			
				 g.
			

			
	
			
			The Lessor shall, during the currency of the lease bear and pay the Property Tax (defined hereunder) in respect of the Schedule A Property and the Building,  and will keep the Lessee fully indemnified if the Lessee is prevented from using the Premises, on account of any failure on the part of the Lessor to pay the same. Provided the Lessee duly observes and performs the terms of the lease, the Lessor will ensure that the Lessee’s right of peaceful possession of the Premises is not disturbed on account of any non payment of property tax by the Lessor.

			
	
			
				 h.
			

			
	
			
			The Lessor shall observe and perform the terms, conditions, agreements, covenants and provisions and also undertake to observe and perform the laws, rules, regulations and bye-laws for the time being and from time-to-time in force, of the relevant municipal corporation and/or any other concerned authority to the extent that the same is required to be observed, performed and complied with by the Lessor as the owner of the Land, and shall not omit or suffer or commit or permit to be committed anything whereby the Lessee’s rights to use and occupy the Premises is prejudicially affected, forfeited or extinguished.

			
	
			
				 8.
			

			
	
			
			OBLIGATIONS OF THE LESSOR:  

		
			Subject to the Lessee paying the Rent and all other payments as stipulated in this Deed and duly observing and performing all the terms and conditions on its part to be observed and performed, the Lessor shall have the following obligations:
		

			
	
			
				 a.
			

			
	
			
			PROVISION OF PARKING SPACE: 

			
	
			
				i.
			

			
	
			
			The Lessor shall provide the Lessee, the right to use 51 (Fifty One Only) open and covered Car Parks across the basement and surface car parking areas of the Building. 

			
	
			
				ii.
			

			
	
			
			The Lessor shall on or before the Lease Commencement Date, provide to the Lessee a car parking layout plan showing the location of the Car Parks. The car parking layout plan so provided may be amended, varied or changed from time to time, (without varying the number of Car Parks provided), and such car parking layout plan, read with its amendments, variations or changes, if any, will be binding on the parties throughout the Initial Term of the Lease and any renewal thereof. 

			
	
			
				iii.
			

			
	
			
			The Lessee may use the aforesaid Car Parks for the purpose of two wheeler parking and for parking their visitors vehicles. 

			
	
			
				iv.
			

			
	
			
			In addition, the Lessor shall subject to availability and as per the request of Lessee shall provide (by way of written intimation to the Lessee) to use any additional car parking spaces that may become available in the basement of the Building or on the surface parking around the Building. The Lessee will be liable to pay rent 

		 

		

			 

		

		

			 

		

		

			Page 12 of 35

		

		

			 

		

 

	for such additional car parking at the rate of Rs. 5,000 (Rupees Five Thousand Only) per additional car parking space (“Additional Car Park Rent”) per month on the 10th of relevant month in advance for which the Additional Car Park Rent is due, which shall escalated as per escalated @ 15% every 03 (Three)  years from the date of allotment of the additional car parks.

		
			 
		

			
	
			
				 b.
			

			
	
			
			ACCESS TO THE PREMISES: 

		
			Provided the Lessee duly observes and performs all the terms and conditions of this Lease Deed, the Lessee, its employees, agents, invitees, shall have access to the Premises as well as to the common areas of the Schedule B Property Twenty Four (24) hours a day and Seven (7) days a week, 365 (Three Sixty Five) days a year during the Initial Term and any renewal of the lease thereafter.
		

			
	
			
				 c.
			

			
	
			
			SIGNAGE: 

		
			The Lessor shall permit the Lessee to put up its nameplates, logos and signages (together the “Signage(s)”) on the common building directory and on the floor/s occupied by the Lessee, as directed and approved by the Lessor. The Lessee shall not be permitted to put up any Signage on the façade of the Building or at any other location in the Project. The Lessor shall bear the first time cost of installation of the signage on the common Building directory. However, all other costs, charges and expenses including the cost of electricity consumed for such signage, etc., shall be borne by the Lessee.
		

			
	
			
				 d.
			

			
	
			
			MAINTENANCE OF COMMON AREAS:

			
	
			
				i.
			

			
	
			
			The Lessor shall be responsible for the maintenance of the common areas in the Project. The standard scope of maintenance of common areas is set out in Annexure IV annexed hereto.

			
	
			
				ii.
			

			
	
			
			The Lessor shall also provide utilities and other services within the Premises in accordance with the Scope of Services set out in Annexure V annexed hereto.

			
	
			
				iii.
			

			
	
			
			The Lessor may hand over the overall maintenance of the common areas of the Project to an external agency (hereinafter referred to as the “Property Manager”) which shall be responsible for maintaining the Project, as per the standard scope of maintenance set out in Annexure IV.

			
	
			
				iv.
			

			
	
			
			In consideration of the Lessor maintaining the common areas in the Building/ Schedule B Property, either by itself or through a Property Manager during the subsistence of the Lease, the Lessee shall pay with effect from the Lease Commencement Date or the commencement of fit-outs in the Premises, whichever is earlier, the monthly common area maintenance charges 

		 

		

			 

		

		

			 

		

		

			Page 13 of 35

		

		

			 

		

 

	(hereafter referred as the ‘CAM Charges’)  as stipulated below, during the period commencing from the Lease Commencement Date till the date of handover of vacant possession of the Premises by the Lessee to the Lessor on termination/expiry of the Lease.

			
	
			
				v.
			

			
	
			
			The Lessee shall, with effect from the Lease Commencement Date,  pay to the Lessor or the Property Manager as desired by the Lessor, the CAM Charges at the rate of Rs. 11.50/- (Rupees Eleven and Paisa Fifty  Only) per calendar month, per square foot of the Leasable Built-Up Area comprised in the Office Space and applicable service tax thereon. The CAM charges along with applicable service tax and such other present and future applicable taxes shall be paid quarterly in advance, with effect from the Lease Commencement Date till the following March 31st, (after which date the same shall be revised in accordance with sub-clause (vii), below). Any delay in payment shall attract interest at the rate of 18% (Eighteen Percent Only) per annum for the delayed period. However, in the event of such delay extending beyond 15 (Fifteen) days, the Lessor shall, without prejudice to its rights to collect penalty as above, be entitled to disrupt or prevent the supply of power to the Premises without further notice to the Lessee.

			
	
			
				vi.
			

			
	
			
			The Lessee shall pay the CAM Charges to the Lessor every quarterly in advance by direct remittance to the Lessor’s bank account, with HSBC Ltd, M.G. Road Branch, Bangalore - 560 001 Current Account No: 071136774003, HSBC0560002 (IFSC), 560039002 (MICR) subject to the deduction of income tax at source. The Lessor shall, at the beginning of every  quarter, raise and submit an invoice to the Lessee, before the stipulated date for payment of the said charges. The Lessee shall have no ownership rights, title, interest or claim whatsoever in the common areas. The CAM Charges shall be paid by direct remittance to the bank account of the Lessor, to be intimated by the Lessor to the Lessee and duly recorded in the Lease Deed.

			
	
			
				vii.
			

			
	
			
			The Lessor shall be entitled to revise the CAM Charges every year based on the budgeted expenses which will be shared with the Lessee prior to the date of such revision. Any revision of CAM Charges shall be effective from 1st April of the relevant financial year. Such escalation will be notified to the Lessee in advance by the Lessor. The CAM Charges will be escalated on annual basis on cost together with management fee calculated at 20% of the actual cost, plus applicable taxes over the previously paid CAM charges and such increase shall be based on increase in the budgeted expenses.

			
	
			
				viii.
			

			
	
			
			In the month of June every year, the Lessor shall provide copies of the audited statement of expenditure of the cost 

		 

		

			 

		

		

			 

		

		

			Page 14 of 35

		

		

			 

		

 

	incurred in providing CAM services during the immediately preceding Financial year. 

			
	
			
				ix.
			

			
	
			
			In case the actual cost incurred exceeds the estimated cost paid by the lessee during the relevant Financial year, the Lessee  shall be bound to reimburse the differential cost together with management fee calculated at 20% of the actual cost, plus applicable taxes within a period of 7 (seven) working days of receipt of a written intimation from the Lessor. In case the actual cost incurred is less than the cost paid by the Lessee during the relevant Financial year, the Lessee will adjust the cost paid in excess during the immediately succeeding quarter. 

			
	
			
				x.
			

			
	
			
			The Lessor/Property Manager shall, on being intimated by the Lessee of any repair/defect within the scope of the common areas maintenance service as described in Annexure IV, rectify/repair the same within a reasonable period. 

		
			 
		

			
	
			
				 e.
			

			
	
			
			ELECTRICITY

			
	
			
				i.
			

			
	
			
			The Lessor has installed a separate meter for the Office Space to determine actual consumption of electricity by the Lessee for the Office Space. The Lessee will pay the electricity charges for electricity consumed in the Office Space as per actual consumption determined as per the said separate meter.

			
	
			
				ii.
			

			
	
			
			Utilities Deposit

			
	
			
				 1.
			

			
	
			
			The Lessee shall, three months’ after the Lease Commencement Date, also pay to and keep deposited with the Lessee, during the term of the lease, an amount equivalent to 2 (Two) month’s charges for utilities consumed in the Premises (“Initial Utilities Deposit”), which shall be computed based on the average charges for utilities consumed during the first three months’ of the lease. 

			
	
			
				 2.
			

			
	
			
			On the completion of 12 (Twelve) months from the Lease Commencement Date, the charges for utilities consumed in the Premises during the aforesaid 12 (Twelve) month period will be reviewed and the maximum monthly charges for utilities consumed during such period will be recorded. The Initial Utilities Deposit shall, thereupon, be revised to an amount equivalent to twice the maximum amount so recorded (“Revised Utilities Deposit”). 

			
	
			
				 3.
			

			
	
			
			In case the Revised Utilities Deposit is more than the Initial Utilities Deposit the Lessee shall, 

		 

		

			 

		

		

			 

		

		

			Page 15 of 35

		

		

			 

		

 

	within 7 (seven) working days of  receipt of a demand from the Lessor, pay to the Lessor, the differential amount required to make up the Revised Utilities Deposit, which shall thereafter be kept deposited with the Lessor as set out in sub clause (1) above. 

			
	
			
				 4.
			

			
	
			
			The Utilities Deposit / or the Revised Utilities Deposit, as the case may be, shall be refunded to the Lessee by the Lessor, on termination/expiry of the Lease, after deduction therefrom, of unpaid utilities charges, if any.

			
	
			
				 5.
			

			
	
			
			In addition in case BESCOM serves a Demand Notice on the Lessor, seeking additional Monthly Minimum Deposit (MMD), the Lessee will bear the same by depositing the same with the Lessor based on the demand notice served by BESCOM. The amount to be deposited will be calculated proportionately based on the Leasable Area of the Premises and the same will be refunded by the Lessor to the Lessee on expiry or early termination of the Lease. 

		
			 
		

		
			 
		

			
	
			
				 f.
			

			
	
			
			PROPERTY TAX:

			
	
			
				i.
			

			
	
			
			The Lessor shall be responsible to pay the Property Tax payable in respect of the Premises, the Building, and/or the Project, as levied by the Bruhat Bengaluru Mahanagara Palike (hereinafter referred to as the “Property Tax”) and will keep the Lessee fully indemnified against any claims in respect of any of the above. 

			
	
			
				ii.
			

			
	
			
			It is expressly agreed that the Lessee shall bear and pay all taxes and duties, levies in relation to or as a consequence of the implementation of this Lease Deed regardless of the name of the addressee on the demand for payment of such taxes and duties, if such taxes and duties are to be payable by the Lessee or recoverable by the Lessor from the Lessee as per the Applicable Laws.

			
	
			
				 g.
			

			
	
			
			PEACEFUL POSSESSION 

		
			The Lessor covenants that, subject to the Lessee paying the Rent and performing its obligations under the Lease, the Lessee shall be entitled to quiet and peaceful occupation of the Premises during the Term of the lease without any interruption by or from the Lessor or any person claiming under, through or in trust for the Lessor.
		

			
	
			
				 h.
			

			
	
			
			LESSOR’S DUTY TO REPAIR 

		
			

		 

		

			 

		

		

			 

		

		

			Page 16 of 35

		

		

			 

		

 

		

		
			The Lessor shall be responsible for undertaking all structural repairs in the  Building (including the Premises), during the subsistence of the lease and such cost shall be borne by the Lessor unless the same is caused on account of negligence of the Lessee or its employees/ agents/ visitors. 
		

			
	
			
				 9.
			

			
	
			
			REPRESENTATIONS, WARRANTIES AND COVENANTS OF THE LESSEE 

		
			The Lessee represents, warrants and covenants to the Lessor as follows:-
		

			
	
			
				 a.
			

			
	
			
			Nature of Business carried on by Lessee 

			
	
			
				i.
			

			
	
			
			During the tenure of this lease and any renewal contemplated herein, the Lessee shall use the Premises solely for purpose of Software Product Development and related activites, Computer Software  or Information Technology/ Information Technology Enabled Services only.

			
	
			
				ii.
			

			
	
			
			That the activity set out under I above is an Industrial Activity as defined in  both of: Section 6.2.12.1(v) of the Consolidated FDI Policy issued by the Department of Industrial Policy and Promotion, Ministry of Commerce and Industry, Government of India and effective from _June 7, 2016, a relevant of extract of which has been reproduced below:

		
			“(v)“Industrial Activity” means manufacturing, electricity, gas and water supply, post and telecommunications, software publishing, consultancy and supply, data processing, database activities and distribution of electronic content, other computer related activities, basic and applied R & D on biotechnology, pharmaceutical sciences/ life sciences, natural sciences and engineering; business and management consultancy activities and architectural, engineering and other technical activities.” and
		

		
			The activity falls under 1 above falls under the ambit of Industrial Activities as detailed above; and
		

			
	
			
				iii.
			

			
	
			
			Relying upon this among other representations of the Lessee detailed herein the Lessor has agreed to grant the lease of the Premises. In addition to the above, the Lessee shall produce such documents as may be requested by the Lessor to ensure that the above representation of the Lessee is true and accurate.

			
	
			
				 b.
			

			
	
			
			The Lessee has the full right and corporate authority to enter into Lease Deed and observe and perform the terms hereof and it has not done anything that would prevent or disentitle it from doing so.

		
			

		 

		

			 

		

		

			 

		

		

			Page 17 of 35

		

		

			 

		

 

		

			
	
			
				 c.
			

			
	
			
			The Lessee shall not use or permit/suffer to be used the Premises or any part thereof, for any purpose other than for the abovementioned purpose;

			
	
			
				 d.
			

			
	
			
			The Lessee shall not do or permit/suffer to be done any act, deed, matter or thing which would or might adversely affect or vitiate in whole or in part any insurance effected in respect of the Premises or the Building or any part thereof from time to time or cause any increase in premium payable in respect thereof; 

			
	
			
				 e.
			

			
	
			
			The Lessee shall hand over the Premises in the same condition as handed over by the Lessor on the Lease Commencement Date together with the Lessor's fixtures and fittings therein, in good order and condition (reasonable wear and tear excepted) on the expiry /earlier termination of the Lease. 

			
	
			
				 f.
			

			
	
			
			The Lessee shall use the Parking Space for parking Light motor vehicles (four wheelers) and two wheelers respectively and the Lessee shall not carry on manufacturing activity of any nature in the Premises; and

			
	
			
				 g.
			

			
	
			
			The Lessee shall not make any structural alterations or additions to the Premises and shall not alter or remove there from any facilities provided by the Lessor therein; and the Lessee shall not do any act, which will cause or tend to cause any damage to the structure of the  Building and/or facilities therein;

			
	
			
				 h.
			

			
	
			
			The Lessee shall, subject to reasonable wear and tear, keep the Premises in good condition and take up day today maintenance and repair works (excluding structural repairs and repairs in common areas). However, the Lessee shall bear the expenses, if structural repairs or repairs in common areas arise out of negligent acts of the Lessee or its employees/ agents/ visitors;

			
	
			
				 i.
			

			
	
			
			The Lessee shall not in any manner carry out any unlawful, illegal or dangerous activity in the Premises; and the Lessee shall not store any goods or merchandise which are hazardous, combustible or dangerous or which are heavy so as to affect the construction or the structure of the said Building or any part thereof or in any manner interfere with common use.  

			
	
			
				 j.
			

			
	
			
			The Lessee shall not do or suffer to be done in or in relation to the Premises any act, deed, matter or thing which may cause nuisance or annoyance to other occupiers in the Building and the  Project.

			
	
			
				 k.
			

			
	
			
			The Lessee is aware that the building wherein the Premises is located is a strictly no-smoking area. The Lessee shall ensure that no act in contravention of the provisions of ‘Prohibition of Smoking in Public Places Rules, 2008’ is committed in the Premises or in the common spaces of the Building wherein the Premises are located. In case any offence under the ‘Prohibition of Smoking in Public Places Rules, 2008’ is committed in the Premises, by any employee / visitor of the Lessee, the Lessee shall be responsible for the same and any fine payable in respect 

		 

		

			 

		

		

			 

		

		

			Page 18 of 35

		

		

			 

		

 

	thereof shall be paid by the Lessee and the Lessor shall not be responsible for the same.

		
			The Lessee is aware and understands that the Lessor has entered into this transaction, and has agreed to grant the lease to the Lessee to enter upon, use and occupy the Premises, relying solely on the Lessee agreeing, undertaking and covenanting to strictly observe, perform, fulfill and comply with all the terms, conditions, covenants, stipulations, obligations and provisions contained in this  Lease Deed, and on the part of the Lessee to be observed, performed, fulfilled and complied with, and therefore, the Lessee hereby agrees, undertakes and covenants to indemnify, save, defend and keep harmless at all times hereafter, the Lessor and its successors and assigns, from and against all costs, charges, expenses, losses, damages, claims, demands, suits, actions, proceedings, prosecutions, fines, penalties and duties, which it, they or any of them may have to bear, incur or suffer, and/or which may be levied or imposed on it, them or any of them, by reason or virtue of or arising out of any breach, violation, non-observance, non-performance or non-compliance of any of the terms, conditions, covenants, stipulations and/or provisions hereof by the Lessee and/or its permitted successors and permitted assigns.  
		

		
			 
		

			
	
			
				 10.
			

			
	
			
			OBLIGATIONS OF THE LESSEE:

			
	
			
				 a.
			

			
	
			
			RENT AND OUTGOINGS: 

		
			The Lessee shall pay regularly the Rent, CAM Charges, utilities charges and other charges payable under the Lease within the time specified herein, failing which the Lessee shall, without prejudice to any other remedies that the Lessor may be entitled to under this Lease Deed and/or in law, be liable to pay interest on the payments delayed at the rate of 18% per annum for the period of delay in addition to the right of the Lessor, in its sole discretion and without notice, to stop supplying to the Lessee electricity / air conditioning/ water and / or all other services in addition to any other remedies/ actions the Lessor may take in its sole discretion. By doing so, the Lessor shall have no responsibility or liability for any loss and damage, if any, suffered by the Lessee and the Lessee shall not be entitled to lodge any claim whatsoever against the Lessor as a result of such action.  
		

			
	
			
				 b.
			

			
	
			
			RETURN OF POSSESSION ON TERMINATION: 

		
			The Lessee shall, forthwith on the expiry of the lease or its earlier termination as per the terms hereof, remove the items brought by them to the Premises without causing damage to the Premises, reinstate the Premises to the state in which the Premises was leased, (normal wear and tear excepted), clear the debris from the Premises, de-bond the Premises, if custom bonded, and hand over peaceful possession of the Premises in neat and clean condition to the Lessor simultaneous with refund 

		 

		

			 

		

		

			 

		

		

			Page 19 of 35

		

		

			 

		

 

of Security Deposit in terms of Clause 5(b) above. In the event the Lessee fails to get the Premises de-bonded within the notice period it shall be assumed that the peaceful, vacant and physical possession of the Premises has not been handed over by the Lessee to the Lessor on the expiry or earlier termination of the lease and the Lessor shall be entitled to claim damages, payments, dues in accordance with the terms of this Lease Deed.
		

			
	
			
				 c.
			

			
	
			
			SUB  – LEASING AND ASSIGNMENT

			
	
			
				i.
			

			
	
			
			The Lessee may, with prior written consent of the Lessor (such consent not to be unreasonably withheld), sub-lease all or part of the Premises to its Affiliates for the same rent as the Rent payable hereunder. The Lessee shall while seeking such consent, submit to the Lessor all such documents as the Lessor may require to evidence such a relation between the Lessee and its Affiliate/s.

			
	
			
				ii.
			

			
	
			
			The term of any such sub-lease shall not exceed this Lease Period and the Lessee shall not be entitled to sub-lease the Premises during any Renewed Period of the Lease.

			
	
			
				iii.
			

			
	
			
			The Lessee shall however, at all times, during the lease even in the event of sub-lease be liable for performance of all the terms of the Lease.

			
	
			
				iv.
			

			
	
			
			The Lessee shall not be entitled to assign the Lease. 

			
	
			
				v.
			

			
	
			
			The Lessee shall also not be entitled to charge a higher rent to any such sub – lessee than the Rent payable hereunder.

			
	
			
				vi.
			

			
	
			
			For the purposes of this Clause

			
	
			
				 1.
			

			
	
			
			“Affiliate/s” in relation to any Party means an entity/ies which Controls, is Controlled by, or is under the common Control with that Party;

			
	
			
				 2.
			

			
	
			
			“Control” means the beneficial ownership  directly or indirectly of more than 50% of the voting securities of such entity or the control of the majority of the composition of the Board or the principal governing body or the power to direct or influence the management or policies of such entity directly or indirectly, whether through the ownership or voting of securities, by contract or otherwise; and the terms “Controlling”,  “Controlled”, “Controls” and / or related cognate expressions shall have meanings correlative to the foregoing.

			
	
			
				 d.
			

			
	
			
			MERGER, DEMERGER AND AMALGAMATION:

		
			In the event, the Lessees or either of them desire/s to merge/ amalgamate/ consolidate and / or transfer its assets with/to any entity, then the Lessees shall, before effecting such 

		 

		

			 

		

		

			 

		

		

			Page 20 of 35

		

		

			 

		

 

merger/amalgamation/consolidation/transfer, duly intimate the Lessor regarding the same. In the event of a transfer of assets which include the Lessees’ leasehold rights to the Premises, the Lessees shall ensure that the existing lease deed is surrendered / novated and the entity acquiring the assets of the Lessees executes a fresh lease deed with the Lessor, on identical terms and conditions as those set out in the Lease.
		

			
	
			
				 e.
			

			
	
			
			INSPECTION OF THE PREMISES:

		
			The Lessor, its authorized agents or representatives shall, upon forty eight (48) hours advance notice in writing to the Lessee, be entitled to enter upon the Premises at all reasonable times and during normal business hours for the purpose of inspecting the state and condition of the Premises or to carry out any repair or maintenance as may be required from time to time. However, the Lessor, its authorized agents or representatives shall not be required to give notice as referred to in this clause, if it requires to enter the Premises at any time for the purposes of carrying out urgent / emergency repairs, or if it is required to enter the Premises in order to ensure the safety and security of the Premises or any part thereof and/or the Building or any part thereof.
		

			
	
			
				 f.
			

			
	
			
			SERVICES TAX AND OTHER TAXES AND EXPENSES: 

			
	
			
				i.
			

			
	
			
			The Lessee shall pay the service tax (if applicable), lease tax (if applicable), and all other present and future taxes, by whatever name called, that may be levied by any Government and/or other statutory authorities, on account of leasing of the  Premises and on account of maintenance of the common areas and amenities by the Lessor including goods and service tax (“GST”), integrated goods and service tax (“IGST”), central goods and service tax (“CGST”) and state goods and service tax (“SGST”) at the applicable rates on the value as laid down in the respective GST law from the date of introduction of GST;

			
	
			
				ii.
			

			
	
			
			All the taxes referred to in sub clause (i) above are collectively referred to as (“Taxes”). 

			
	
			
				iii.
			

			
	
			
			Further, the Lessor shall ensure that applicable tax from the date of introduction of GST, (i.e. IGST or CGST & SBST), is charged in the invoices considering the place of supply as provided in the GST laws along with rules thereto. 

			
	
			
				iv.
			

			
	
			
			The Lessee shall furnish to the Lessor in writing details of the Lessee’s registration under GST and shall further promptly keep the Lessor informed of any changes in the same. 

			
	
			
				v.
			

			
	
			
			Similarly the Lessee shall pay all expenses attributable to its business including but not limited to payment of electricity bills, demand charges (if any) with respect to electricity supplied from BESCOM, back-up power consumption charges, CAM Charges, water bills and taxes on consumption of back-up power etc.

		
			

		 

		

			 

		

		

			 

		

		

			Page 21 of 35

		

		

			 

		

 

		

			
	
			
				 a.
			

			
	
			
			INSURANCE:

		
			The Lessee shall, at its own expense, obtain suitable insurance policies such as Fire & allied perils Policy, to cover damages to the properties belonging to Lessee and Public Liability Insurance Policy/Commercial General Liability/ Workmen’s Compensation Policy, etc, to cover its various legal liabilities. Insurance Policies obtained by the Lessor are exclusively to cover the loss and / or damage to the property belonging to the Lessor and legal liability of the Lessor alone, towards the public.  Under no circumstances, shall the Lessor be liable or responsible for the consequences of any negligence on the part of the Lessee.
		

			
	
			
				 b.
			

			
	
			
			APPROVALS: 

			
	
			
				i.
			

			
	
			
			The Lessee shall abide by all laws for the time being in force and shall apply for, obtain and, at its cost, keep up to date all approvals/services from statutory authorities such as DOT, Sales Tax, Central Excise, Department of Industry and Commerce, Customs, private service providers and other governmental agencies, local and public bodies from time to time necessary for carrying on the business of the Lessee and the Lessor shall facilitate the same by providing necessary documents, if any to the Lessee. It is agreed that all costs for obtaining and keeping valid all such approvals, will be to the Lessee’s account, including renewals, extensions of validity, etc.

			
	
			
				ii.
			

			
	
			
			The Lessee shall be solely liable and responsible for all damages, costs, risks and consequences arising out of any violation, contravention or breach made by it of such directives, notifications, laws, rules or regulations, and the Lessee shall at all times keep the Lessor indemnified from and against the same.

			
	
			
				 11.
			

			
	
			
			INDEMNITY:

			
	
			
				 a.
			

			
	
			
			LESSOR’S INDEMNITY 

			
	
			
				I.
			

			
	
			
			The Lessor shall, indemnify and hold harmless the Lessee, from actions, proceedings, suits, claims, demands, direct losses, damages, costs, charges, and expenses incurred or suffered by the Lessee, if the Lessee is prevented from using and occupying the Premises due to:

			
	
			
				 1.
			

			
	
			
			any breach by the Lessor of the terms and conditions of the Lease; or

			
	
			
				 2.
			

			
	
			
			any misrepresentation or suppression by the Lessor of any facts that results in the Lessee being prevented from using and occupying the Premises; or

			
	
			
				 3.
			

			
	
			
			any negligent acts of the Lessor, its agents or Property Manager.

		
			

		 

		

			 

		

		

			 

		

		

			Page 22 of 35

		

		

			 

		

 

		

			
	
			
				II.
			

			
	
			
			Further, if GST Credit is denied to the Lessee on account of mismatch in the returns filed by the Lessor or on account of delay/ failure on the part of the Lessor, to file returns or due to incorrect reporting by the Lessor, the Lessor hereby agrees and undertakes to indemnify the Lessee only to the extent of loss of input tax credit on account of such mismatch/delay/ failure/incorrect reporting, as the case may be. 

		
			 
		

			
	
			
				 a.
			

			
	
			
			LESSEE’S INDEMNITY 

		
			The Lessee shall, indemnify and hold harmless the Lessor from actions, proceedings, suits, claims, demands, losses, damages, costs, charges, and expenses incurred or suffered by the Lessor on account of any or all of  the following,-
		

			
	
			
				i.
			

			
	
			
			any breach by the Lessee of the terms and conditions of the Lease; or

			
	
			
				ii.
			

			
	
			
			any negligent acts of the Lessee, their employees, agents, customers, visitors etc.; or

			
	
			
				iii.
			

			
	
			
			any physical/bodily injury or death of any person/s or damage to real and tangible property of the Lessor caused by the negligent act or willful default of the Lessee; or

			
	
			
				iv.
			

			
	
			
			any damage caused to the Building solely and directly due to negligent acts of the  employees, representatives, servants, helpers, contractors, visitors etc of the Lessee; or

			
	
			
				v.
			

			
	
			
			any misrepresentation or suppression by the Lessee of any facts that affect the Lease.

			
	
			
				vi.
			

			
	
			
			any liability incurred by the Lessor on account of loss of GST credits for reasons attributable to failure on the part of the Lessee to provide adequate and proper details as required to be included in the invoices for the Rent.

		
			 
		

			
	
			
				 12.
			

			
	
			
			LIMITATION OF LIABILITY  

		
			Notwithstanding any other provisions contained in this Lease Deed, neither party shall be liable to the other for any special, indirect, incidental, consequential, or like damages (including but not limited to any direct or indirect business loss, loss of profits, loss of opportunity, loss of anticipated revenues or  profits, or loss  of contracts).  Provided, however, that the rental losses suffered by the Lessor shall be construed to be included in the direct losses incurred by the Lessor and hence covered in the Lessee’s indemnity.
		

		
			 
		

			
	
			
				 13.
			

			
	
			
			FORCE MAJEURE

		
			

		 

		

			 

		

		

			 

		

		

			Page 23 of 35

		

		

			 

		

 

		

			
	
			
				 a.
			

			
	
			
			If the performance by either Party, of any of its obligations under this Lease Deed is prevented, restricted or interfered with by reason of fire, flood, incessant rain, earthquake, accident, riots, strike, war, civil commotion, political disturbance, mob violence or other violence, shortage or non – availability of labour or construction materials, any law or regulation of any government, or any other act of God or a natural calamity, or any other act or condition or circumstance whatsoever, which is beyond the control of the respective Party, (each such event shall be called a “Force Majeure” event), then the time available to such party for performance of such obligation shall stand extended for the period of time during which such prevention, restriction or interference and its effects shall continue.

			
	
			
				 b.
			

			
	
			
			Further, in the event that the Premises or any part thereof, (including installations if any, therein provided by the Lessor), are at any time during the term of the lease destroyed or damaged due to a Force Majeure Event, so as to render the Premises and installations, if any, therein provided by the Lessor or any part thereof wholly or partially unfit for use by the Lessee, the Lessor shall, notwithstanding anything contrary contained in this  Lease Deed, have the option either forthwith or within one month after the event upon which the right to exercise such option arises to determine the lease by a notice of 30 (Thirty) days, in writing to the Lessee. The Lessor shall be liable to refund the Security Deposit forthwith upon the vacation of the Premises by the Lessee in accordance with the terms of this Lease Deed. . However, if the destruction or damage of the Premises, (or such part thereof), is occasioned by the wrongful act or default of the Lessee, the Lessee shall not be entitled to avail itself of the benefit of this provision.

			
	
			
				 c.
			

			
	
			
			In the event of the Lessor agreeing to repair or to make good or reinstate the Premises, or any part thereof so damaged or destroyed, to the former state and condition thereof, the rent or the proportionate part thereof shall cease to be payable from the time of such destruction or interruption until such time as the Premises or such part thereof, as the case may be, is repaired or made good or reinstated and the Lessee, shall when called upon to do so by the Lessor, temporarily release the whole or such portion of the Premises, to enable the Lessor  to repair or make good or reinstate the same. 

			
	
			
				 14.
			

			
	
			
			ATTORNMENT 

		
			In the event of the Lessor being desirous of selling/ assigning/alienating its rights, title and interest in the Premises, the Lessor may do so subject to the Lease in favour of the Lessee. The Lessee shall attorn to and accept such Purchaser as the Lessor of the portion so sold. PROVIDED, HOWEVER, that the Lessor shall ensure, (by incorporating suitable covenants in the Deed to be entered into with the purchaser/ assignee/ alienee), that the purchaser/ assignee/alienee shall agree to be bound by the terms and conditions contained in this Lease Deed. 
		

			
	
			
				 15.
			

			
	
			
			TERMINATION OF LEASE AND CONSEQUENCES:

		
			

		 

		

			 

		

		

			 

		

		

			Page 24 of 35

		

		

			 

		

 

		

			
	
			
				 a.
			

			
	
			
			Termination by the Lessor

			
	
			
				i.
			

			
	
			
			If the Lessee commits a breach of any of the terms and conditions of the Lease, the Lessor may issue a notice in writing (the “Notice to Remedy”), calling upon the Lessee to remedy the breach within a period of 30 (thirty) days and if the breach is not so remedied within the said period, the Lessor may, notwithstanding the Lock-in Period, issue a notice (the “Notice of Termination”) calling upon the Lessee to vacate the Premises within 30 (Thirty) days, immediately on expiry whereof, the Lease shall stand forfeited and the Lessor shall be entitled to re-enter the Premises and recover physical possession thereof. It is clarified that if the Lessor is constrained to terminate the Lease during the Lock-in Period, due to a breach by the Lessee of the terms and conditions of the Lease, the Lessee will be liable to pay the Lessor the Rent for the unexpired portion of the Lock-in Period.

			
	
			
				ii.
			

			
	
			
			Notwithstanding the above, the Notice to Remedy in any of the following circumstances shall be a period of 7 (Seven) days and in the event of failure of the Lessee to cure the remedy complained therein, the lease granted under this Lease Deed shall forthwith stand terminated,-

			
	
			
				 1.
			

			
	
			
			If the Lessee fails to pay Rent for any month for a period of 60 (Sixty) days from the due date;

			
	
			
				 2.
			

			
	
			
			If the Lessee commits breach of Clause (IV) 10 (c) above;

			
	
			
				 3.
			

			
	
			
			If at any time during the term of the Lease,-

			
	
			
				 a.
			

			
	
			
			the Lessee commits an act of insolvency under the laws; or

			
	
			
				 b.
			

			
	
			
			if the Lessee files a petition for reorganization, or for arrangement or for the appointment of a receiver or trustee or for winding up of all or a portion of the Lessee’s properties; or

			
	
			
				 c.
			

			
	
			
			where an involuntary petition of any kind referred to in sub - clauses (a) and (b) of this Clause is filed and admitted against the Lessee; or

			
	
			
				iii.
			

			
	
			
			where a receiver is appointed for any property (including Premises),  by order of a court of competent jurisdiction and such appointment is not cancelled or withdrawn within thirty (30) days from the date of appointment.

			
	
			
				 b.
			

			
	
			
			Termination by the Lessee:

			
	
			
				i.
			

			
	
			
			If the Lessor commits breach of any of the terms and conditions of this Lease Deed, the Lessee shall issue Notice to Remedy to the Lessor calling upon the Lessor to rectify the breach within 30 (thirty) days therefrom, on 

		 

		

			 

		

		

			 

		

		

			Page 25 of 35

		

		

			 

		

 

	expiry whereof if the breach is not remedied, the Lessee shall, notwithstanding the Lock-in Period have the right to terminate the Lease by issuance of Notice of Termination to the Lessor stating that the lease shall stand terminated on expiry of a period of 30 (thirty) days there from. It is clarified that if the Lessee is constrained to terminate the Lease in accordance with the terms of this Deed during the Lock-in Period, due to a breach by the Lessor of the terms and conditions of the Lease, the Lessee will not be liable to pay the Lessor the Rent for the unexpired portion of the Lock-in Period.

			
	
			
				ii.
			

			
	
			
			The Lessee shall be entitled to terminate the lease, without assigning any reasons, by providing to the Lessor, 6 (Six) months written notice which may be served at any time after the expiry of Lock-in Period. 

			
	
			
				 c.
			

			
	
			
			Consequences of termination of lease: 

		
			On expiry or termination of lease, as the case may be,- 
		

			
	
			
				i.
			

			
	
			
			During the notice period or at least 1 (One) month prior to the expiry, the Lessor shall be permitted to enter the Premises during reasonable hours for giving inspection of the same to any prospective lessee, transferee, purchaser as the Lessor may deem fit and the Lessee shall co-operate with the Lessor in this regard. 

			
	
			
				ii.
			

			
	
			
			Simultaneous with the refund of the Security deposit as provided in Clause (IV) 5 (b) above, the Lessee shall hand over physical vacant possession of the Premises to the Lessor, subject to normal wear and tear. The Lessee shall, one week prior to expiry or termination of the Lease, as the case may be, remove the moveable items brought by it to the Premises without causing damage to the Premises, reinstate the Premises to the state in which the Premises was leased, (normal wear and tear excepted), clear the debris from the Premises and de-bond the Premises, if custom bonded. On such date, the Parties shall jointly assess the damage if any, caused to the Premises, neighboring areas of the Premises, Common Areas by the Lessee, its staff, servants or agents. The Lessee shall rectify such damage before the date of expiry or termination of the lease of the Premises failing which the Lessor shall recover the amount determined towards rectification of such damage in such manner as the Lessor may deem fit, including by way of deduction from the Security Deposit; and

			
	
			
				iii.
			

			
	
			
			If the Lessee fails to hand over quiet and peaceful possession of the Premises to the Lessor, the Lessor and its representatives shall be fully entitled to re-enter the Premises in accordance with law and get the Premises vacated without being liable for damages or otherwise, of whatsoever nature.  In addition to the right of the Lessor to re-enter the Premises the Lessee shall be liable as 

		 

		

			 

		

		

			 

		

		

			Page 26 of 35

		

		

			 

		

 

	more particularly contemplated in Clause (IV) 5 (d) hereinabove. 

			
	
			
				iv.
			

			
	
			
			Further, it is agreed that, in the event the Lessee fails to get the Premises de-bonded within the notice period it shall be assumed that the peaceful, vacant and physical possession of the Premises has not been handed over by the Lessee to the Lessor on the expiry or earlier termination of the lease and the Lessor shall be entitled to claim damages, payments, dues in accordance with the terms of the Lease Deed.

			
	
			
				 16.
			

			
	
			
			DISPUTE RESOLUTION: 

		
			If any differences arise between the Lessor and the Lessee out of or relating to the terms of this Lease Deed, the affected Party shall issue a notice (“the Notice of Dispute”) to the other Party stating the nature of the differences (“Dispute”) and call upon the other Party to resolve the Dispute. The Parties shall use all reasonable efforts to resolve the Dispute through negotiations and conciliation. If the Dispute cannot be settled through negotiations and conciliation within thirty (30) days from the date of service of the Notice of Dispute, the Dispute shall be settled by arbitration in accordance with the Indian Arbitration and Conciliation Act, 1996 by a sole arbitrator, whose order shall be final and binding on the Parties and all proceedings shall be subject to the laws of India and conducted in English and the venue of arbitration shall be Bangalore, Karnataka, India. During the arbitration proceedings, both Lessee and Lessor shall continue to fulfill their obligations under this Lease Deed, including the obligation to pay rent and all other amounts due and payable under this Lease Deed.
		

			
	
			
				 17.
			

			
	
			
			JURISDICTION: 

		
			Subject to the provisions of the foregoing clause, this Lease Deed and the Lease Deed shall be subject to the jurisdiction of the Courts of Bangalore, Karnataka, India and shall be subject to the laws applicable in India.
		

			
	
			
				 18.
			

			
	
			
			NOTICES:

			
	
			
				 a.
			

			
	
			
			Any notice, information, intimation, or document required or authorised by this Lease Deed, shall  be given in writing in English and  shall be deemed to have  been duly given or delivered,-

			
	
			
				i.
			

			
	
			
			Upon delivery by hand at the addresses referred to in sub-clause (b) below  and obtaining written acknowledgement in receipt thereof; or 

			
	
			
				ii.
			

			
	
			
			Upon sending it by a recognized courier to the relevant Parties at the addresses referred to in sub-clause (b) below; or

			
	
			
				iii.
			

			
	
			
			Upon sending it  by registered post acknowledgement due (RPAD) to the relevant Parties at the addresses referred to in sub-clause (b) below; or

		
			

		 

		

			 

		

		

			 

		

		

			Page 27 of 35

		

		

			 

		

 

		

			
	
			
				iv.
			

			
	
			
			Upon sending it by facsimile to the number provided by the Parties; 

			
	
			
				v.
			

			
	
			
			Upon sending it by e – mail, to the e – mail addresses mentioned below;

		
			Provided further that,  in  the event of any ambiguity or dispute regarding the service of any notice, intimation, document or information, service shall be deemed to be sufficient,-
		

			
	
			
				 1.
			

			
	
			
			In the event of hand delivery, upon proof of the written acknowledgement of the service;

			
	
			
				 2.
			

			
	
			
			in the event of sending by a recognized courier, upon proof of  delivering for the service to the courier agency;

			
	
			
				 3.
			

			
	
			
			in the event of sending by a registered post with or without acknowledgement due, upon proof of putting the same into ordinary course of communication by post; and

			
	
			
				 4.
			

			
	
			
			in the event of sending it by facsimile to the number provided by the Parties, upon receipt of facsimile transmission report. 

			
	
			
				 5.
			

			
	
			
			In the event of sending it by e – mail, the same shall also be followed up by sending a copy through the manner set out in sub – clauses (i), (ii) or (iii) above and proof of delivery shall be in the manner set out on sub – clauses 1, 2 or 3 above.

		
			Provided further that, that where more than one of the modes specified above are adapted, consequent to which, more than one date is available for deeming, the earliest among them shall be reckoned to be the deemed date of completion of service. 
		

			
	
			
				 b.
			

			
	
			
			The address and other details of the Parties for the purpose of communication, unless otherwise notified in writing to the other Party shall be as follows:

			
	
			
				i.
			

			
	
			
			LESSOR 

		
			RMZ Ecoworld Infrastructure Private Limited,  
		

		
			Level 12 – 14, Tower ‘B’, The Millenia, No. 1 & 2, Murphy Road, Ulsoor, Bangalore 560 001.  
		

		
			Kind Attn : Head – Tenant Relations
		

		
			E – Mail : joseph.akkarakalam@rmzcorp.com
		

		
			Fax No.: +91 (80) 4000 4111
		

			
	
			
				ii.
			

			
	
			
			LESSEE 

		
			Mobile Iron Software Private Limited 
		

		
			MobileIron India Software Private Limited
		

		
			

		 

		

			 

		

		

			 

		

		

			Page 28 of 35

		

		

			 

		

 

		

		
			6th Floor, Western Pearl, Beside Google, 
		

		
			Kondapur, Hyderabad 500 084.
		

		
			 
		

		
			Kind Attn : Mr. Gaurav Kamra, Regional Head – HR 
		

		
			E – Mail : gkamra@mobileiron.com
		

		
			Fax No.: 040-66405771
		

			
	
			
				 19.
			

			
	
			
			REGISTRATION OF THE LEASE DEED: 

		
			The Lessee shall be responsible for undertaking registration formalities of the Lease Deed at the concerned office of the Sub Registrar within 60 (Sixty) days from the date of execution of the Lease Deed. The stamp duty, registration charges and any other related expenses applicable / incurred towards execution and registration of the Lease Deed and any other ancillary or supplementary documents, including deeds of surrender etc., will be borne by the Lessee.
		

			
	
			
				 20.
			

			
	
			
			CUMULATIVE RIGHTS AND REMEDIES: 

		
			The various rights and remedies available to the Parties under this Lease Deed shall not be exclusive of each other but are cumulative and shall not exclude any other statutory right or remedy except where they are excluded specifically or by necessary implications by the terms of this  Lease Deed as the case may be. 
		

			
	
			
				 21.
			

			
	
			
			WAIVER, VARIATION OR NOVATION: 

		
			A right created under this Lease Deed shall not be waived, varied, or novated entirely or partially, except in writing signed by the Parties hereto and no delay or omission in the exercise of such right or power by either party shall impair or detract from any such right or power, nor shall be construed as a waiver of default, if any or as acquiescence therein. Unless otherwise expressly stated in the writing referred to above, one or more instance of waiver of the breach of any covenant, term or condition of this Lease Deed by either party shall not be construed by the other Party as a waiver of a subsequent breach of the same covenant, term or condition. 
		

			
	
			
				 22.
			

			
	
			
			ENTIRETY AND SEVERABILITY: 

		
			The Lease Deed and the Annexures thereto shall (upon its execution) constitute the entire Agreement between the Lessor and the Lessee with respect to the Lease of the Premises and shall supersede any other prior oral or written communications, representations or statements with respect to the transaction contemplated in this Lease Deed. This Lease Deed may not be modified, altered or amended in any manner except by an agreement in writing executed by the Parties. If a court holds any provision of this Lease Deed to be invalid, the remainder of this Lease Deed will be valid, enforceable and effective to the extent to which such remainder is workable and represents substantially the essence of the Agreement between the Parties.
		

			
	
			
				 23.
			

			
	
			
			MISCELLANEOUS:

		
			

		 

		

			 

		

		

			 

		

		

			Page 29 of 35

		

		

			 

		

 

		

			
	
			
				 a.
			

			
	
			
			Each Party hereby represents that the person signing this  Lease Deed on its behalf has/will have full and complete authority to do so on its behalf and the execution of the same by such party creates a legal and binding obligation on it.

			
	
			
				 b.
			

			
	
			
			The Lease Deed shall be executed and lodged for registration in three sets (viz., one original and one duplicate with the requisite stamp duty being paid on each) and the third set, which shall not be stamped and which shall be the Sub – Registrar’s copy. The original shall remain with the Lessee, the duplicate shall remain with the Lessor and the third unstamped set shall be submitted to and retained by the Sub – Registrar at the time of registration. 

			
	
			
				 c.
			

			
	
			
			The stamp duty, registration charges and any other related expenses applicable / incurred towards execution and registration of this Lease Deed and any other ancillary or supplementary documents, including deeds of surrender etc., will be borne by the Lessee;

			
	
			
				 d.
			

			
	
			
			Each of the Parties shall bear their respective brokerage charges and other legal costs and fees incurred by them relating to or in connection with this Lease Deed.

		
			
		

		
			

		 

		

			 

		

		

			 

		

		

			Page 30 of 35

		

		

			 

		

 

		

		
			THE SCHEDULE A ABOVE REFERRED TO:
		

		
			Item No.(i):
		

		
			All that piece and parcel of converted land bearing Sy. No. 98/1 admeasuring 2 Acres 16 Guntas situated at Bhoganahalli Village,Varthur Hobli, Bangalore East Taluk, (formerly called as South Taluk) Bangalore and bounded on:
		

			
					
						 East by

					
					
						:

					
					
						Property bearing Sy. No.98/2;

				
	
					
						West by

					
					
						:

					
					
						Property bearing Sy. No.99;

				
	
					
						North by

					
					
						:

					
					
						Property bearing Sy. No.102/2 and 102/3;

				
	
					
						South by

					
					
						:

					
					
						Property bearing Sy. No.72/1 & 72/5 of Doddakanahalli Village;

				

		
			Item No.(ii)
		

		
			All that piece and parcel of converted land bearing Sy. No. 98/2 admeasuring 1 Acre 24 Guntas situated at Bhoganahalli Village,Varthur Hobli, Bangalore East Taluk, (formerly called as South Taluk) Bangalore and bounded on:
		

			
					
						East by

					
					
						:

					
					
						Internal Driveway and remaining part of same Sy. No.98/2;

				
	
					
						West by

					
					
						:

					
					
						Property bearing Sy. No.98/1;

				
	
					
						North by

					
					
						:

					
					
						Property bearing Sy. No.102/3 and 104/2;

				
	
					
						South by

					
					
						:

					
					
						Property bearing Sy. No.72/5 of Doddakanahalli Village;

				

		
			 
		

		
			Item No.(iii)
		

		
			All that piece and parcel of converted land bearing Sy. No. 99(P) admeasuring 0 Acre 25 Guntas situated at Bhoganahalli Village,Varthur Hobli, Bangalore East Taluk, (formerly called as South Taluk) Bangalore and bounded on:
		

			
					
						East by

					
					
						:

					
					
						Property bearing Sy. No.98/1;

				
	
					
						West by

					
					
						:

					
					
						Remaining portion of Sy. No.99;

				
	
					
						North by

					
					
						:

					
					
						Property bearing Sy. No.102/2;

				
	
					
						South by

					
					
						:

					
					
						Property bearing Sy. No.72/1 of Doddakanahalli Village;

				

		
			 
		

		
			Item No.(iv)
		

		
			All that piece and parcel of converted land bearing Sy. No. 101(P) admeasuring 08 Guntas situated at Bhoganahalli Village,Varthur Hobli, Bangalore East Taluk, (formerly called as South Taluk) Bangalore and bounded on:
		

			
					
						East by

					
					
						:

					
					
						Property bearing Sy. No.102/1;

				
	
					
						West by

					
					
						:

					
					
						Private Property;

				
	
					
						North by

					
					
						:

					
					
						Remaining portion of Sy. No.101;

				
	
					
						South by

					
					
						:

					
					
						Property bearing Sy. No.100;

				

		
			Item No.(v)
		

		
			All that piece and parcel of converted land bearing Sy. No. 102/1 admeasuring 13 

		 

		

			 

		

		

			 

		

		

			Page 31 of 35

		

		

			 

		

 

Guntas situated at Bhoganahalli Village,Varthur Hobli, Bangalore East Taluk, (formerly called as South Taluk) Bangalore and bounded on:
		

			
					
						East by

					
					
						:

					
					
						Property bearing Sy. No.102/2;

				
	
					
						West by

					
					
						:

					
					
						Property bearing Sy. No.101;

				
	
					
						North by

					
					
						:

					
					
						Remaining portion of Sy. No.102/1;

				
	
					
						South by

					
					
						:

					
					
						Property bearing Sy. No.99;

				

		
			 
		

		
			Item No.(vi)
		

		
			All that piece and parcel of converted land bearing Sy. No.102/2 admeasuring 24 Guntas situated at Bhoganahalli Village,Varthur Hobli, Bangalore East Taluk, (formerly called as South Taluk) Bangalore and bounded on:
		

			
					
						East by

					
					
						:

					
					
						Property bearing Sy. No.102/3;

				
	
					
						West by

					
					
						:

					
					
						Property bearing Sy. No.102/1;

				
	
					
						North by

					
					
						:

					
					
						Remaining portion of Sy. No.102/2;

				
	
					
						South by

					
					
						:

					
					
						Property bearing Sy. No.99 and 98/1;

				

		
			 
		

		
			Item No.(vii)
		

		
			All that piece and parcel of converted land bearing Sy. No.100 admeasuring 02 Acres 27 Guntas situated at Bhoganahalli Village,Varthur Hobli, Bangalore East Taluk, (formerly called as South Taluk) Bangalore and bounded on:
		

			
					
						East by

					
					
						:

					
					
						Property bearing Sy. No.99;

				
	
					
						West by

					
					
						:

					
					
						Private Property;

				
	
					
						North by

					
					
						:

					
					
						Property bearing Sy. No.101;

				
	
					
						South by

					
					
						:

					
					
						Property bearing Sy. No.72/1 of Doddakanahalli Village;

				

		
			 
		

		
			Item No.(viii)
		

		
			All that piece and parcel of converted land bearing Sy. No. 102/3 admeasuring 22 Guntas situated at Bhoganahalli Village,Varthur Hobli, Bangalore East Taluk, (formerly called as South Taluk) Bangalore and bounded on:
		

			
					
						East by

					
					
						:

					
					
						Property bearing Sy. No.104/2 and internal driveway;

				
	
					
						West by

					
					
						:

					
					
						Property bearing Sy. No. 102/2;

				
	
					
						North by

					
					
						:

					
					
						Remaining portion of Sy. No.102/3;

				
	
					
						South by

					
					
						:

					
					
						Property bearing Sy. No.98/1 and 98/2;

				

		
			 
		

		
			Item No.(ix)
		

		
			All that piece and parcel of converted land bearing Sy. No.99 measuring 03 Acres 33 Guntas situated at Bhoganahalli Village,Varthur Hobli, Bangalore East Taluk, (formerly called as South Taluk) Bangalore and bounded on:
		

		

		 

		

			 

		

		

			 

		

		

			Page 32 of 35

		

		

			 

		

 

	
					
						

					
						East by

					
					
						:

					
					
						Remaining portion of Sy. No.99;

				
	
					
						West by

					
					
						:

					
					
						Property bearing Sy. No. 100;

				
	
					
						North by

					
					
						:

					
					
						Remaining portion of Sy. No.102/1 & 102/2;

				
	
					
						South by

					
					
						:

					
					
						Property bearing Sy. No.72/1 0of Doddakanahalli Village;

				

		
			 
		

		
			THE SCHEDULE B ABOVE REFERRED TO
		

		
			All that piece and parcel of property Sy. No. 98/1 admeasuring 2 Acres 16 Guntas, Sy. No. 98/2 admeasuring 1 Acre 24 Guntas, Sy. No. 99(P) admeasuring 0 Acre 25 Guntas, Sy. No. 101(P) admeasuring 08 Guntas, Sy. No. 102/1 admeasuring 13 Guntas, Sy. No.102/2 admeasuring 24 Guntas, Sy. No.100 admeasuring 02 Acres 27 Guntas, Sy. No. 102/3 admeasuring 22 Guntas, Sy. No.99 measuring 03 Acres 33 Guntas, totally measuring about 12 Acres 32 Guntas, all situated at Bhoganahalli Village, Varthur Hobli, Bangalore East Taluk (formerly Bangalore Taluk) Bangalore and bounded on:
		

		
			 
		

			
					
						East by

					
					
						:

					
					
						Internal Driveway;

				
	
					
						West by

					
					
						:

					
					
						Private Property;

				
	
					
						North by

					
					
						:

					
					
						Property bearing Sy. Nos.101, 102/1, 102/2. 102/3 and 104/2;

				
	
					
						South by

					
					
						:

					
					
						Property bearing Sy. Nos. 72/1 and 72/5 of Doddakanahalli Village;

				

		
			 
		

		
			THE SCHEDULE C ABOVE REFERRED TO
		

		
			(THE PREMISES)
		

		
			 
		

		
			Office space bearing Unit No. 803 and Unit No. 804, measuring 40,532 square feet of Leasable Built-up Area (defined here below) on the Eight floor of the said Building, - as shown on the Plan annexed hereto as Annexure III along with the exclusive right of use of 51 (Fifty One Only) Nos. open and covered car parking spaces across the basement and surface car parking areas, in the Building, Campus 7 constructed on the Schedule A Property and being a part of the Project, known as RMZ Ecoworld, situated at Sarjapur Marathalli Outer Ring Road, Bangalore.
		

		
			LIST OF ANNEXURES FORMING PART OF THIS DEED
		

		
			Annexure I – Site Master Plan 
		

		
			Annexure II – Base Building Specifications 
		

		
			Annexure III – Floor Plans 
		

		
			Annexure IIIA – Car Parking Layout
		

		
			Annexure IV – Scope of Common Area Maintenance Services 
		

		
			Annexure V – Scope of Services within the Premises
		

		
			

		 

		

			 

		

		

			 

		

		

			Page 33 of 35

		

		

			 

		

 

		

		
			Annexure VI – Fit Out Guidelines
		

		
			 
		

		
			IN WITNESS WHEREOF THE PARTIES hereto have executed this Deed, the day, month and year first hereinabove written.
		

		
			 
		

		
			SIGNED AND DELIVERED by the within named LESSOR, RMZ Ecoworld Infrastructure Private Limited by the hand of its Authorised Signatory, Mr. Chatru M Menda, in the presence of:
		

		
			 
		

		
			SIGNED AND DELIVERED by the within named LESSEE, MobileIron India Software Private Limited by the hand of its Authorized Signatory,   Mr. Gaurav Kamra as per the resolution of the Board of Directors of the LESSEE dated 26 May 2015 in the presence of:
		

		
			 
		

		
			For RMZ ECOWORLD INFRASTRUCTURE PVT. LTD.
		

		
			/s/ Chatru M Menda
		

		
			 
		

		
			For Mobile Iron India Software Private Limited
		

		
			/s/ Gaurav Kamra
		

		
			 
		

		
			WITNESSES:
		

		
			 
		

		
			1.M S Ravi Dixit 
		

		
			The Millenia, Lvl 12-14
		

		
			Murphy Road
		

		
			Ulsoor, Bengaluru - 8
		

		
			 
		

		
			 
		

		
			2.Sai Krishna
		

		
			Plot #5 Phase 3
		

		
			Saket, Kapoor
		

		
			Hyderabad - 62
		

		
			 
		

		 

		

			 

		

		

			 

		

		

			Page 34 of 35Exhibit_102

		
			Exhibit 10.2
		

		
			 
		

		
			 
		

		
			
		

		
			 
		

		
			October 29, 2017
		

		
			 
		

		
			Greg Randolph
		

		
			Charlotte, North Carolina
		

		
			 
		

		
			Dear Greg, 
		

		
			 
		

		
			On behalf of MobileIron, Inc. (the “Company”), I am pleased to offer you the full-time position of Senior Vice President, World Wide Sales.  Speaking for myself, as well as the other members of the Company’s management team, we are all very impressed with your credentials and we look forward to your future success in this position.
		

		
			 
		

		
			The terms of your new full-time position with the Company are as set forth below:
		

		
			 
		

		
			1.         Position.
		

		
			 
		

		
			(a)  Your position will be Senior Vice President, World Wide Sales working out of your home office in Charlotte, North Carolina. Frequent travel is expected. You will report to the Chief Executive Officer.
		

		
			 
		

		
			(b)  You agree to the best of your ability and experience that you will at all times loyally and conscientiously perform all of the duties and obligations required of and from you pursuant to the express and implicit terms hereof, and to the reasonable satisfaction of the Company.  During the term of your employment, you further agree that you will devote all of your business time and attention to the business of the Company, the Company will be entitled to all of the benefits and profits arising from or incident to all such work services and advice, you will not render commercial or professional services of any nature to any person or organization, whether or not for compensation, without the prior written consent of the Company, and you will not directly or indirectly engage or participate in any business that is competitive in any manner with the business of the Company.  Nothing in this letter agreement will prevent you from accepting speaking or presentation engagements in exchange for honoraria or from serving on boards of charitable organizations, or from owning no more than one percent (1%) of the outstanding equity securities of a corporation whose stock is listed on a national stock exchange.
		

		
			 
		

		
			2.         Start Date.  Subject to fulfillment of any conditions imposed by this letter agreement, you will commence this new position with the Company on October 30, 2017.
		

		
			 
		

		
			

		 

		

			 

		

 

		

		
			3.         Proof of Right to Work.  For purposes of federal immigration law, you will be required to provide to the Company documentary evidence of your identity and eligibility for employment in the United States.  Such documentation must be provided to us within three business days of your date of hire, or our employment relationship with you may be terminated.
		

		
			 
		

		
			4.         Compensation.  You will be paid at the rate of $31,250.00 per month (which is equivalent to $375,000 on an annualized basis), less payroll deductions and withholdings (the “Base Salary”), payable pursuant to the Company’s regular payroll practices.  The Base Salary will be reviewed annually as part of the Company’s normal salary review process.  In addition, you will be eligible to receive $375,000.00 in on-target incentive compensation per year based upon you achieving mutually agreed upon objectives and revenue quota.  Specifics around variable compensation will be outlined in the MobileIron compensation plan and agreed between you and the Chief Executive Officer. 
		

		
			 
		

		
			5.         New Hire Stock Option and RSU Grant.  In connection with the commencement of your employment and subject to the approval of the Company’s Board of Directors, you will be granted an option to purchase 100,000 shares (“Option Shares”) of Common Stock of the Company and granted 275,000 MobileIron restricted stock units (“MobileIron RSU’s”). 
		

		
			 
		

		
			The Option Shares will have an exercise price equal to the fair market value on the date of the grant. The Option Shares will vest at the rate of 25% of the shares on the twelve (12) month anniversary of your Vesting Commencement Date (as defined in your Stock Option Agreement, which date will be your Start Date, as defined above) and the remaining Option Shares will vest monthly thereafter at the rate of 1/48 of the total number of the Option Shares per month, until either your Option Shares are fully vested or your employment ends, whichever occurs first. In the event that you are terminated by the Company, other than for Cause, after the end of the initial six-month period following your start date and before the 12 month anniversary of your Start Date, the Option Shares vesting shall be revised so that 12.5% of the shares vest as of the end of such six-month period, and the remaining Option Shares vest monthly thereafter at the rate of 1/48 of the total number of Option Shares per month through the termination date.  The MobileIron RSUs will vest ratably over four years as follows:  (i) 25% of the total number of MobileIron RSUs will vest on the Quarterly Vesting Date (see below) that is in the same calendar quarter as the one year anniversary of your employment start date, and (ii) the remaining MobileIron RSUs will vest ratably with 6.25% of the total RSUs vesting on each subsequent Quarterly Vesting Date, until the MobileIron RSUs are totally vested, subject to your continued employment on each such Quarterly Vesting Date.  The Quarterly Vesting Dates are February 20, May 20, August 20, and November 20 of each year.  The MobileIron RSU’s will be subject to the terms of the Company’s 2014 Equity Incentive Plan and the MobileIron RSU Award Agreement, as applicable, between you and the Company.    In the event that you are terminated by the Company, other than for Cause, before the 12 month anniversary of your Start Date, the RSU Shares vesting shall be revised so that the remaining Option Shares vest monthly thereafter at the rate of 1/48 of the total number of Option Shares per month through the termination date.  In the event you are terminated by the company without cause before the 12 month anniversary of your Start Date, the Company will accelerate vesting on the date of Separation from Service as follows: Vesting of each of the RSU and Option shares will be accelerated to the extent that 1/48th of the shares under the applicable RSU Awards or under the applicable Option for each one-month period of service occurring between the Start Date and the date of the separation of service. 
		

		
			

		 

		

			 

		

 

		

		
			 
		

		
			6.         Benefits.
		

		
			 
		

		
			(a)       Insurance Benefits.  The Company will provide you with the opportunity to participate in the standard benefits plans currently available to other Company employees, subject to any eligibility requirements imposed by such plans. 
		

		
			 
		

		
			(b)       Vacation; Sick Leave.   You will be entitled to paid time off according to the Company’s standard policies.
		

		
			 
		

		
			7.         Confidential Information and Invention Assignment Agreement / Employee Handbook.   Your acceptance of this offer and commencement of employment with the Company is contingent upon your execution, and delivery to an officer of the Company, of the Company’s Confidential Information and Invention Assignment Agreement, a copy of which is enclosed for your review and execution (the “Confidentiality Agreement”), prior to or on your Start Date.  As a Company employee, you will be expected to abide by Company rules and policies, and acknowledge in writing that you have read the Company’s Employee Handbook. 
		

		
			 
		

		
			8.         At-Will Employment.  Your employment with the Company will be on an “at will” basis, meaning that either you or the Company may terminate your employment at any time and for any reason, with or without cause or advance notice. 
		

		
			 
		

		
			9.         No Conflicting Obligations.   You understand and agree that by accepting this offer of employment, you represent to the Company that your performance will not breach any other agreement to which you are a party and that you have not, and will not during the term of your employment with the Company, enter into any oral or written agreement in conflict with any of the provisions of this letter or the Company’s policies.  You are not to bring with you to the Company, or use or disclose to any person associated with the Company, any confidential or proprietary information belonging to any former employer or other person or entity with respect to which you owe an obligation of confidentiality under any agreement or otherwise.  The Company does not need and will not use such information and we will assist you in any way possible to preserve and protect the confidentiality of proprietary information belonging to third parties.  Also, we expect you to abide by any obligations to refrain from soliciting any person employed by or otherwise associated with any former employer and suggest that you refrain from having any contact with such persons until such time as any non-solicitation obligation expires.
		

		
			 
		

		
			10.       Background check. This offer is contingent upon a background check clearance.
		

		
			 
		

		
			11.Dispute Resolution.  To ensure the timely and economical resolution of disputes that may arise in connection with your employment with the Company, you and the Company agree that any and all disputes, claims, or causes of action arising from or relating to the enforcement, breach, performance, negotiation, execution, or interpretation of this Agreement, or your employment, or the termination of your employment, including but not limited to all statutory claims, shall be resolved pursuant to the Federal Arbitration Act, 9 U.S.C. §1-16, and to the fullest extent permitted by law, by final, binding and confidential arbitration by a single arbitrator conducted by Judicial Arbitration and Mediation Services Inc. (“JAMS”) under the then applicable JAMS rules, which 

		 

		

			 

		

 

can be found at the following web address: (http://www.jamsadr.com/rulesclauses).  A hard copy of the rules will be provided to you upon request.   
		

		
			By agreeing to this arbitration procedure, both you and the Company waive the right to resolve any such dispute through a trial by jury or judge or administrative proceeding.  In addition, all claims, disputes, or causes of action under this section, whether by you or the Company, must be brought in an individual capacity, and shall not be brought as a plaintiff (or claimant) or class member in any purported class or representative proceeding, nor joined or consolidated with the claims of any other person or entity.  The Arbitrator may not consolidate the claims of more than one person or entity, and may not preside over any form of representative or class proceeding.   
		

		
			 
		

		
			The Company acknowledges that you will have the right to be represented by legal counsel at any arbitration proceeding.  The Arbitrator shall: (a) have the authority to compel adequate discovery for the resolution of the dispute and to award such relief as would otherwise be permitted by law; (b) issue a written arbitration decision, to include the arbitrator’s essential findings and conclusions and a statement of the award; and (c) be authorized to award any or all remedies that you or the Company would be entitled to seek in a court of law.  The Company shall pay all JAMS’ arbitration fees in excess of the amount of court fees that would be required of you if the dispute were decided in a court of law.   
		

		
			Nothing in this Agreement is intended to prevent either you or the Company from obtaining injunctive relief in court to prevent irreparable harm pending the conclusion of any such arbitration.  Any awards or orders in such arbitrations may be entered and enforced as judgments in the federal and state courts of any competent jurisdiction.
		

		
			 
		

		
			12.       Entire Agreement.  This letter, together with the Confidentiality Agreement, sets forth the entire agreement and understanding between you and the Company with respect to your employment and supersedes all prior agreements and promises made to you by anyone, whether oral or written.  This letter (and your employment at will status) may not be modified or amended except by a written agreement, signed by an officer of the Company, although the Company reserves the right to modify unilaterally your work location, compensation, benefits, job title and duties, and reporting relationships.  This letter will be governed by the laws of the State of California without regard to its conflict of laws provision.
		

		
			 
		

		
			We are all delighted to be able to extend you this offer and look forward to working with you.  To indicate your acceptance of the Company’s offer, please sign and date this letter in the space provided below and return it to me, along with a signed and dated copy of the Confidentiality Agreement.  
		

		
			 
		

		
			 
		

		
			 
		

		
			 
		

		
			 
		

		
			 
		

		
			

		 

		

			 

		

 

		

		
			 
		

		
			 
		

		
			 
		

		
			Sincerely,
		

		
			 
		

		
			MobileIron, Inc.
		

		
			 
		

		
			 
		

		
			/s/ Jared J. Lucas______________________
		

		
			Signature
		

		
			 
		

		
			 
		

		
			Jared J. Lucas, Chief People Officer   
Printed Name and Title
		

		
			 
		

		
			 
		

		
			October 29, 2017______________________
		

		
			Date
		

		
			
		

		
			

		 

		

			 

		

 

		

		
			 
		

		
			ACCEPTED AND AGREED
		

		
			 
		

		
			/s/ Greg Randolph_______________________
Employee Signature
		

		
			 
		

		
			October 29, 2017________________________
Date
		

		
			 
		

		
			October 30, 2017     ______________________
		

		
			Start Date
		

		
			 
		

		
			

		 

		

			 

		

 

		

		
			 
		

		
			 
		

		
			Attachment A:
		

		
			 
		

		
			CONFIDENTIAL INFORMATION AND INVENTION ASSIGNMENT AGREEMENT
		

		
			 
		

		
			As a condition of my becoming employed (or my employment being continued) by MobileIron, Inc., a Delaware corporation (the “Company”), and in consideration of my employment relationship with the Company and my receipt of the compensation now and hereafter paid to me by the Company, I agree to the following:
		

		
			 
		

		
			1.       Employment  Relationship.  I understand and acknowledge that this Agreement does not alter, amend or expand upon (i) any rights I may have to continue in the employ of, or (ii) the duration of my employment relationship with, the Company under any existing agreements between the Company and me or under applicable law.  Any employment relationship between the Company and me, whether commenced prior to or upon the date of this Agreement, shall be referred to herein as the “Relationship.”
		

		
			 
		

		
			2.       At-Will Relationship.  I understand and acknowledge that the Relationship is and shall continue to be at-will, meaning that either I or the Company may terminate the Relationship at any time and for any reason, with or without cause or advance notice.
		

		
			 
		

		
			3.       Confidential Information.
		

		
			 
		

		
			(a)      Company Information.  I agree at all times during the Relationship and thereafter, to hold in strictest confidence, and not to use, except for the benefit of the Company to the extent necessary to perform my obligations to the Company under the Relationship, or to disclose to any person, firm, corporation or other entity without written authorization of the Board of Directors of the Company, any Confidential Information of the Company which I obtain or create.  I further agree not to make copies of such Confidential Information except as authorized by the Company.  I understand that “Confidential Information” means any Company proprietary information, technical data, trade secrets or know-how, including, but not limited to, research, product plans, products, services, suppliers, customer lists and customers (including, but not limited to, customers of the Company on whom I called or with whom I became acquainted during the Relationship), prices and costs, markets, software, developments, inventions, laboratory notebooks, processes, formulas, technology, designs, drawings, engineering, hardware configuration information, marketing information, licenses, financial information, budgets, information regarding the skills and compensation of the Company’s employees, contractors, and any other service providers of the Company or other business information disclosed to me by the Company either directly or indirectly in writing, orally or by drawings or observation of parts or equipment or created by me during the Relationship, whether or not during working hours.  I understand that Confidential Information includes, but is not limited to, information pertaining to any aspect of the Company’s business which is either information not known by actual or potential competitors of the Company or other third parties not under confidentiality obligations to the Company, or is otherwise proprietary information of the Company or its customers or suppliers, whether of a technical nature or otherwise.  I further understand that Confidential Information does not include any of the foregoing items which has become publicly and widely known and made generally available 

		 

		

			 

		

 

through no wrongful act of mine or of others who were under confidentiality obligations as to the item or items involved.
		

		
			 
		

		
			(b)      Prior Obligations.  I represent that my performance of all terms of this Agreement as an employee of the Company has not breached and will not breach any agreement with any former employer or other party, including any agreement to keep in confidence proprietary information, knowledge or data acquired by me prior or subsequent to the commencement of the Relationship, and I will not disclose to the Company or use any inventions, confidential or non-public proprietary information or material belonging to any current or former client or employer or any other party.  I will not induce the Company to use any inventions, confidential or non-public proprietary information, or material belonging to any current or former client or employer or any other party.
		

		
			 
		

		
			(c)      Third Party Information.  I recognize that the Company has received and in the future will receive confidential or proprietary information from third parties subject to a duty on the Company’s part to maintain the confidentiality of such information and to use it only for certain limited purposes.  I agree to hold all such confidential or proprietary information in the strictest confidence and not to disclose it to any person, firm or corporation or to use it except as necessary in carrying out my work for the Company consistent with the Company’s agreement with such third party.
		

		
			 
		

		
			4.       Inventions.
		

		
			 
		

		
			(a)      Inventions Retained and Licensed.  I have attached hereto, as Exhibit A, a list describing with particularity all inventions, original works of authorship, developments, improvements, and trade secrets which were made by me prior to the commencement of the Relationship (collectively referred to as “Prior Inventions”), which belong solely to me or belong to me jointly with another, which relate in any way to any of the Company’s proposed businesses, products or research and development, and which are not assigned to the Company hereunder; or, if no such list is attached, I represent that there are no such Prior Inventions.  If, in the course of the Relationship, I incorporate into a Company product, process or machine a Prior Invention owned by me or in which I have an interest, the Company is hereby granted and shall have a non-exclusive, royalty-free, irrevocable, perpetual, worldwide license (with the right to sublicense) to make, have made, copy, modify, make derivative works of, use, sell and otherwise distribute such Prior Invention as part of or in connection with such product, process or machine.
		

		
			 
		

		
			(b)      Assignment of Inventions.  I agree that I will promptly make full written disclosure to the Company, will hold in trust for the sole right and benefit of the Company, and hereby assign to the Company, or its designee, all my right, title and interest throughout the world in and to any and all inventions, original works of authorship, developments, concepts, know-how, improvements or trade secrets, whether or not patentable or registrable under copyright or similar laws, which I may solely or jointly conceive or develop or reduce to practice, or cause to be conceived or developed or reduced to practice, during the Relationship (collectively referred to as “Inventions”), except as provided in Section 4(e) below.  I further acknowledge that all Inventions which are made by me (solely or jointly with others) within the scope of and during the Relationship are “works made for hire” (to the greatest extent permitted by applicable law) and are compensated by my salary, unless regulated otherwise by the mandatory law of the state of California.  Any assignment of Inventions (and all intellectual property rights with respect thereto) hereunder includes an assignment of all 

		 

		

			 

		

 

moral rights.  To the extent such moral rights cannot be assigned to the Company and to the extent the following is allowed by the laws in any country where moral rights exist, I hereby unconditionally and irrevocably waive the enforcement of such moral rights, and all claims and causes of action of any kind against the Company or related to the Company’s customers, with respect to such rights.  I further acknowledge and agree that neither my successors-in-interest nor legal heirs retain any moral rights in any Inventions (and any intellectual property rights with respect thereto).
		

		
			 
		

		
			(c)      Maintenance of Records.  I agree to keep and maintain adequate and current written records of all Inventions made by me (solely or jointly with others) during the Relationship.  The records may be in the form of notes, sketches, drawings, flow charts, electronic data or recordings, laboratory notebooks, and any other format.  The records will be available to and remain the sole property of the Company at all times.  I agree not to remove such records from the Company’s place of business except as expressly permitted by Company policy which may, from time to time, be revised at the sole election of the Company for the purpose of furthering the Company’s business.  I agree to return all such records (including any copies thereof) to the Company at the time of termination of the Relationship as provided for in Section 5.
		

		
			 
		

		
			(d)      Patent and Copyright Rights.  I agree to assist the Company, or its designee, at its expense, in every proper way to secure the Company’s, or its designee’s, rights in the Inventions and any copyrights, patents, trademarks, mask work rights, moral rights, or other intellectual property rights relating thereto in any and all countries, including the disclosure to the Company or its designee of all pertinent information and data with respect thereto, the execution of all applications, specifications, oaths, assignments, recordation’s, and all other instruments which the Company or its designee shall deem necessary in order to apply for, obtain, maintain and transfer such rights, or if not transferable, waive such rights, and in order to assign and convey to the Company or its designee, and any successors, assigns and nominees the sole and exclusive rights, title and interest in and to such Inventions, and any copyrights, patents, mask work rights or other intellectual property rights relating thereto.  I further agree that my obligation to execute or cause to be executed, when it is in my power to do so, any such instrument or papers shall continue after the termination of this Agreement until the expiration of the last such intellectual property right to expire in any country of the world.  If the Company or its designee is unable because of my mental or physical incapacity or unavailability or for any other reason to secure my signature to apply for or to pursue any application for any United States or foreign patents, copyright, mask works or other registrations covering Inventions or original works of authorship assigned to the Company or its designee as above, then I hereby irrevocably designate and appoint the Company   and its duly authorized officers and agents as my agent and attorney in fact, to act for and in my behalf and stead to execute and file any such applications and to do all other lawfully permitted acts to further the application for, prosecution, issuance, maintenance or transfer of letters patent, copyright or other registrations thereon with the same legal force and effect as if originally executed by me.  I hereby waive and irrevocably quitclaim to the Company or its designee any and all claims, of any nature whatsoever, which I now or hereafter have for infringement of any and all proprietary rights assigned to the Company or such designee.
		

		
			 
		

		
			(e)       Government or Third Party.  I agree that, as directed by the Company, I will assign to a third party, including without limitation the United States, all my right, title, and interest in and to any particular Company Invention.
		

		
			

		 

		

			 

		

 

		

		
			 
		

		
			5.       Company Property; Returning Company Documents.  I acknowledge and agree that I have no expectation of privacy with respect to the Company’s telecommunications, networking or information processing systems (including, without limitation, stored company files, e-mail messages and voice messages) and that my activity and any files or messages on or using any of those systems may be monitored at any time without notice.  I further agree that any property situated on the Company’s premises and owned by the Company, including disks and other storage media, filing cabinets or other work areas, is subject to inspection by Company personnel at any time with or without notice.  I agree that, at the time of termination of the Relationship, I will deliver to the Company (and will not keep in my possession, recreate or deliver to anyone else) any and all devices, records, data, notes, reports, proposals, lists, correspondence, specifications, drawings, blueprints, sketches, laboratory notebooks, materials, flow charts, equipment, other documents or property, or reproductions of any of the aforementioned items developed by me pursuant to the Relationship or otherwise belonging to the Company, its successors or assigns.  In the event of the termination of the Relationship, I agree to sign and deliver the “Termination Certification” attached hereto as Exhibit B; however, my failure to sign and deliver the Termination Certificate shall in no way diminish my continuing obligations under this Agreement.
		

		
			 
		

		
			6.       Notification to Other Parties.
		

		
			 
		

		
			(a)      Employees.  In the event that I leave the employ of the Company, I hereby consent to notification by the Company to my new employer about my rights and obligations under this Agreement.
		

		
			 
		

		
			(b)      Consultants.  I hereby grant consent to notification by the Company to any other parties besides the Company with whom I maintain a consulting relationship, including parties with whom such relationship commences after the effective date of this Agreement, about my rights and obligations under this Agreement.
		

		
			 
		

		
			7.       Solicitation of Employees, Consultants and Other Parties; Noncompetition.   
		

		
			 
		

		
			(a)Nonsolicitation.  I agree that during the Relationship and for a period of twenty-four (24) months immediately following the termination of the Relationship for any reason I shall not either directly or indirectly solicit, induce, recruit or encourage any of the Company’s employees or consultants to terminate their relationship with the Company, or attempt to solicit, induce, recruit, encourage or take away employees or consultants of the Company, either for myself or for any other person or entity.  
		

		
			 
		

		
			(b)Confidential Information.  I agree that during the Relationship and at any time following termination of the Relationship for any reason, I shall not use any Confidential Information of the Company to attempt to negatively influence any of the Company’s clients or customers from purchasing Company products or services, or to solicit or influence or attempt to influence any client, customer or other person either directly or indirectly, to direct his or its purchase of products and/or services to any person, firm, corporation, institution or other entity in competition with the business of the Company.
		

		
			 
		

		
			

		 

		

			 

		

 

		

		
			(c)Noncompetition.  In order to protect the Confidential Information, trade secrets, and goodwill of the Company, I agree that during the Relationship and for a period of six (6) months immediately following the termination of the Relationship for any reason, I shall not provide any services of any kind (whether as an employee, consultant, or otherwise) to the following entities: AirWatch, VMWare, Citrix or IBM.    
		

		
			 
		

		
			 
		

		
			8.       Representations and Covenants.
		

		
			 
		

		
			(a)      Facilitation of Agreement.  I agree to execute promptly any proper oath or verify any proper document required to carry out the terms of this Agreement upon the Company’s written request to do so.
		

		
			 
		

		
			(b)      Conflicts.  I represent that my performance of all the terms of this Agreement does not and will not breach any agreement I have entered into, or will enter into with any third party, including without limitation any agreement to keep in confidence proprietary information acquired by me in confidence or in trust prior to commencement of my Relationship with the Company.  I agree not to enter into any written or oral agreement that conflicts with the provisions of this Agreement.
		

		
			 
		

		
			(c)      Voluntary Execution.  I certify and acknowledge that I have carefully read all of the provisions of this Agreement and that I understand and will fully and faithfully comply with such provisions.
		

		
			 
		

		
			9.       General Provisions.
		

		
			 
		

		
			(a)      Governing Law.  The validity, interpretation, construction and performance of this Agreement shall be governed by the laws of the State of Washington DC without giving effect to the principles of conflict of laws.
		

		
			 
		

		
			(b)      Entire Agreement.  This Agreement sets forth the entire agreement and understanding between the Company and me relating to the subject matter herein and merges all prior discussions between us.  No modification or amendment to this Agreement, nor any waiver of any rights under this Agreement, will be effective unless in writing signed by both parties.  Any subsequent change or changes in my duties, obligations, rights or compensation will not affect the validity or scope of this Agreement.
		

		
			 
		

		
			(c)      Severability.  If one or more of the provisions in this Agreement are deemed void or unenforceable then the remaining provisions will continue in full force and effect.  Moreover, any court which interprets or enforces this Agreement shall have the authority to modify any provisions hereunder to the extent necessary to ensure that such provisions are enforceable under governing law.  
		

		
			 
		

		
			(d)      Successors and Assigns.  This Agreement will be binding upon my heirs, executors, administrators and other legal representatives, and my successors and assigns, and will be for the benefit of the Company, its successors, and its assigns.
		

		
			 
		

		
			

		 

		

			 

		

 

		

		
			(e)      Survival.  The provisions of this Agreement shall survive the termination of the Relationship and the assignment of this Agreement by the Company to any successor in interest or other assignee.
		

		
			 
		

		
			(f)       Remedies.  I acknowledge and agree that violation of this Agreement by me may cause the Company irreparable harm, and therefore agree that the Company will be entitled to seek extraordinary relief in court, including but not limited to temporary restraining orders, preliminary injunctions and permanent injunctions without the necessity of posting a bond or other security and in addition to and without prejudice to any other rights or remedies that the Company may have for a breach of this Agreement.
		

		
			 
		

		
			(g)      ADVICE OF COUNSEL.  I ACKNOWLEDGE THAT, IN EXECUTING THIS AGREEMENT, I HAVE HAD THE OPPORTUNITY TO SEEK THE ADVICE OF INDEPENDENT LEGAL COUNSEL, AND I HAVE READ AND UNDERSTOOD ALL OF THE TERMS AND PROVISIONS OF THIS AGREEMENT.  THIS AGREEMENT SHALL NOT BE CONSTRUED AGAINST ANY PARTY BY REASON OF THE DRAFTING OR PREPARATION HEREOF.
		

		
			 
		

		
			[Signature Page Follows]
		

		
			 
		

		
			
		

		
			

		 

		

			 

		

 

		

		
			 
		

		
			The parties have executed this Agreement on the respective dates set forth below:
		

		
			 
		

			
					
						COMPANY:

					
						 

					
						 

					
					
						 

					
					
						EMPLOYEE:

					
						 

					
						 

				
	
					
						Jared J. Lucas, Chief People Officer

					
					
						 

					
					
						Greg Randolph

				
	
					
						Printed Name and Title

					
					
						 

					
					
						Printed Name, an Individual

				
	
					
						 

					
						/s/ Jared J. Lucas

					
					
						 

					
					
						 /s/ Greg Randolph

				
	
					
						Signature

					
					
						 

					
					
						Signature

				
	
					
						 

					
					
						 

					
					
						 

				
	
					
						October 29, 2017

					
					
						 

					
					
						 October 29, 2017

				
	
					
						Date

					
						 

					
					
						 

					
					
						Date

				
	
					
						401 East Middlefield Road

					
						Mountain View, CA 94043

					
					
						 

					
					
						Charlotte, North Carolina

					
						 

				
	
					
						Address

					
					
						 

					
					
						Address

				

		
			 
		

		
			
		

		
			

		 

		

			 

		

 

		

		
			EXHIBIT A
		

		
			 
		

		
			LIST OF PRIOR INVENTIONS
AND ORIGINAL WORKS OF AUTHORSHIP
		

		
			EXCLUDED UNDER SECTION 4
		

		
			 
		

			
					
						
        Title        

					
					
						
   Date   

					
					
						Identifying Number
or Brief Description

				
	
					
						 

					
					
						 

					
					
						 

				

		
			 
		

		
			 
		

		
			 
		

		
			 
		

		
			 
		

		
			 
		

		
			 
		

		
			 
		

		
			 
		

		
			 
		

		
			 
		

		
			 
		

		
			 
		

		
			 
		

		
			 
		

		
			 
		

		
			 
		

		
			 
		

		
			 
		

		
			 
		

		
			 
		

		
			 
		

		
			 
		

		
			 
		

		
			 
		

		
			 
		

		
			________ No inventions or improvements
		

		
			________ Additional Sheets Attached
		

		
			Signature of Employee/Consultant:_____________________________
		

		
			Print Name of Employee/Consultant:___________________________
		

		
			Date:______________________
		

		
			 
		

		
			 
		

		
			
		

		
			

		 

		

			 

		

 

		

		
			EXHIBIT B
		

		
			 
		

		
			TERMINATION CERTIFICATION
		

		
			 
		

		
			This is to certify that I do not have in my possession, nor have I failed to return, any Confidential Information, as defined in the Company’s Confidential Information and Invention Assignment Agreement signed by me, including but not limited to, any devices, records, data, notes, reports, proposals, lists, correspondence, specifications, drawings, blueprints, sketches, laboratory notebooks, flow charts, materials, equipment, other documents or property, or copies or reproductions of any aforementioned items belonging to MobileIron, Inc., its subsidiaries, affiliates, successors or assigns (together the “Company”).
		

		
			 
		

		
			I further certify that I have complied with all the terms of the Company’s Confidential Information and Invention Assignment Agreement signed by me, including the reporting of any inventions and original works of authorship (as defined therein), conceived or made by me (solely or jointly with others) covered by that agreement.
		

		
			 
		

		
			 
		

		
			 
		

		
			Date:    DO NOT DATE                                        
		

		
			 
		

		
			 
		

		
			__DO NOT SIGN________________________
		

		
			(Employee’s Signature)
		

		
			 
		

		
			 
		

		
			__DO NOT COMPLETE___________________
		

		
			(Type/Print Employee’s Name)
		

		
			 
		

		
			 
		

		
			 
		

		
			 
		

		
			 
		

		
			 
		

		
			 
		

		
			 
		

		
			 
		

		
			 
		

		
			 
		

		
			 
		

		
			 
		

		
			 
		

		
			 
		

		
			 
		

		
			 
		

		
			 
		

		
			 
		

		
			

		 

		

			 

		

 

		

		
			 
		

		
			 
		

		
			MOBILEIRON, INC. SEVERANCE BENEFIT PLAN
		

			
	
			
				 1.
			INTRODUCTION.  This MobileIron, Inc. Severance Benefit Plan (the “Plan”) is established by MobileIron, Inc. (the “Company”) on April 28, 2015 (the “Effective Date”). The Plan provides for severance and change in control benefits to selected U.S. employees of the Company who are designated as participants in the Plan. This document, together with the Participation Notice, constitutes the Summary Plan Description for the Plan.

		
			 
		

			
	
			
				 2.
			PAYMENTS & BENEFITS.

		
			 
		

			
	
			
				 (a)
			If there is a Qualifying Termination and the Participant signs a Release within 45 days following the Qualifying Termination and does not revoke the Release as permitted by law, the Company will provide the following payments and benefits, subject to the terms of the Plan, on the 60th  day following the Qualifying Termination:

			
	
			
				 (i)
			Salary Continuation. The Company shall continue to pay the Participant, as severance, the Participant’s Monthly Base Salary for the number of months set forth in the Participant’s Participation Notice in accordance with the Company’s standard payroll practices and subject to standard payroll deductions and withholdings, provided that, if the Qualifying Termination is not a Change in Control Termination, such payments shall cease if the Participant commences employment with another employer. On the 60th day following the Qualifying Termination, the Company will make the first payment under this paragraph equal to the aggregate amount of payments that the Company would have paid through such date had such payments commenced on the date of the Qualifying Termination, with the balance of the payments paid thereafter based on the original schedule. If the Qualifying Termination is not a Change in Control Termination, and the Participant commences employment with another employer at a time when cash severance is being paid under this Section 2(a)(i) of the Plan, the Participant must immediately notify the Company of such event.

		
			 
		

			
	
			
				 (ii)
			Health Insurance Premiums. If the Participant timely elects continued coverage under the Consolidated Omnibus Budget Reconciliation Act of 1985 (together with any state law of similar effect, “COBRA”), the Company will pay the full amount of the Participant’s COBRA premiums, or will provide coverage under the Company’s self-funded broad based health insurance plans, on behalf of the Participant, including coverage for the Participant’s eligible dependents, in any such case as and when such premiums or coverage amounts would be due if paid for by the Participant, until the earliest to occur of (i) the end of the number of months set forth in the Participant’s Participation Notice, (ii) the expiration of the Participant’s eligibility for the continuation coverage under COBRA, and (iii) the date when the Participant becomes eligible for substantially equivalent health insurance coverage in connection with new employment or self-employment (such period from the date of the Qualifying Termination through the earliest to occur of the dates set forth in clause (i) through (iii), the “COBRA Payment Period”). These payments will be subject to applicable tax withholdings, including as necessary to avoid a violation of, or penalties under, the nondiscrimination rules of Section 105(h)(2) of the Code or any  statute  or  regulation  of  similar  effect  (including,  without  limitation,  the  2010    Patient

		
			 
		

		
			

		 

		

			 

		

 

		

		
			Protection and Affordable Care Act, as amended by the 2010 Health Care and Education Reconciliation Act). On the 60th day following the Qualifying Termination, the Company will make the first payment under this paragraph equal to the aggregate amount of payments that the Company would have paid through such date had such payments commenced on the date of the Qualifying Termination, with the balance of the payments paid thereafter on the original schedule. In all cases, if the Participant becomes eligible for coverage under another employer’s group health plan or otherwise ceases to be eligible for COBRA during the COBRA Payment Period, the Participant must immediately notify the Company of such event, and all payments and obligations under this paragraph will cease. Any insurance premiums that are paid by the Company will not include any amounts payable by the Participant under an Internal Revenue Code Section 125 health care reimbursement plan, which amounts, if any, are the sole responsibility of the Participant.
		

		
			 
		

			
	
			
				 (iii)
			Accelerated Vesting. Each of the Participant’s then outstanding and unvested compensatory equity awards will vest, and, as applicable, become exercisable, effective as of immediately prior to the Qualifying Termination, as to the percentage of unvested shares per equity award specified in the Participant’s Participation Notice.

		
			 
		

			
	
			
				 3.
			PARTICIPATION.  The Plan Administrator will select the Participants and will deliver a notice to each Participant, substantially in the form attached hereto as the “Participation Notice”, informing the employee that he or she is eligible to participate in the Plan. Each employee of the Company who receives a Participation Notice and timely returns a signed copy of the Participation Notice to the Company is a “Participant” in the Plan.

		
			 
		

			
	
			
				 4.
			EXCEPTIONS TO ELIGIBILITY FOR BENEFITS; TERMINATION AND/OR RECOUPMENT   OF

		
			BENEFITS
		

		
			 
		

			
	
			
				 (a)
			Exceptions to Benefits. Notwithstanding anything to the contrary herein, a Participant will not receive benefits under the Plan (or will receive reduced benefits under the Plan) in the following circumstances:

		
			 
		

			
	
			
				 (i)
			The Participant has not entered into the Company’s standard form of Confidential Information and Invention Assignment Agreement (the “Confidentiality Agreement”).

		
			 
		

			
	
			
				 (ii)
			The Participant has failed to return all Company Property within 10 days after receiving written notice from the Company asking for the return of some or all Company Property. For this purpose, “Company Property” means all material paper and electronic Company documents (and all copies thereof) created and/or received by the Participant during the Participant’s period of employment with the Company and other material Company materials and property that the Participant has in the Participant’s possession or control, including, without limitation, materials of any kind that contain or embody any proprietary or confidential information of the Company (and all reproductions thereof, in whole or in part). As a condition to receiving benefits under the Plan, a Participant must not make or retain copies, reproductions or summaries of any such Company documents, materials or property. However, a Participant is not required to return the Participant’s personal copies of documents evidencing the Participant’s hire,

		
			 
		

		
			

		 

		

			 

		

 

		

		
			termination, compensation, benefits and stock options and any other documentation received as a stockholder of the Company.
		

		
			 
		

			
	
			
				 (b)
			

			
	
			
			Termination and/or Recoupment of Benefits.

		
			 
		

		
			A Participant’s right to receive benefits under the Plan will terminate immediately if, at any time prior to or during the period for which the Participant is receiving benefits under the Plan, the Participant, without the prior written approval of the Plan Administrator, (1) willfully breaches a material provision of the Confidentiality Agreement and/or any obligations of confidentiality, non-solicitation, non-disparagement, no conflicts or non-competition set forth in the Participant’s employment agreement, offer letter or under applicable law; (2) encourages or solicits any of the Company’s then current employees to leave the Company’s employ for any reason or interferes in any other manner with employment relationships at the time existing between the Company and its then current employees; or (3) induces any of the Company’s then current clients, customers, suppliers, vendors, distributors, licensors, licensees, or other third party to terminate their existing business relationship with the Company or interferes in any other adverse manner with any existing business relationship between the Company and any then current client, customer, supplier, vendor, distributor, licensor, licensee, or other third party. Further, during the period for which the Participant is receiving benefits under the Plan, the Participant agrees to voluntarily cooperate with the Company by making himself or herself reasonably available without further compensation to assist with any threatened or pending litigation against the Company and any pending patent applications and if a Participant fails to do so, his or her benefits under the Plan will terminate immediately.
		

		
			 
		

			
	
			
				 5.
			CONDITIONS AND LIMITATIONS ON BENEFITS.

		
			 
		

			
	
			
				 (a)
			Prior Agreements. By accepting participation in the Plan, the Participant irrevocably waives the Participant’s rights to any severance benefits (including vesting acceleration) that would be paid on a Qualifying Termination, including in connection with a Change in Control, under any offer letter, employment agreement or other policy, plan or commitment, whether written or otherwise, with the Company that is in effect on the date the Participant signs the Participation Notice. The payments pursuant to the Plan are in addition to, and not in lieu of, any accrued but unpaid salary, bonuses or employee welfare benefits to which a Participant is entitled for the period ending with the Participant’s Qualifying Termination.

		
			 
		

			
	
			
				 (b)
			Mitigation. Except as otherwise specifically provided in the Plan, a Participant will not be required to mitigate damages or the amount of any payment provided under the Plan by seeking other employment or otherwise, nor will the amount of any payment provided for under the Plan be reduced by any compensation earned by a Participant as a result of employment by another employer or any retirement benefits received by such Participant after the date of the Participant’s termination of employment with the Company.

		
			 
		

			
	
			
				 (c)
			Indebtedness of Participants. If a Participant is indebted to the Company on the effective date of the Participant’s Qualifying Termination, the Company reserves the right to offset the payment of any benefits under the Plan by the amount of such indebtedness. Such offset will be made in accordance with all applicable laws. The Participant’s execution of the Participation Notice constitutes knowing written consent to the foregoing.

		
			 
		

		
			

		 

		

			 

		

 

		

			
	
			
				 (d)
			Parachute Payments. This section explains what happens if any payments or benefits owed under the Plan are deemed to be “parachute payments” that would be subject to excise tax under the Code. Except as otherwise expressly provided in a written agreement between a Participant and the Company, if any payment or benefit the Participant would receive in connection with a Change in Control from the Company or otherwise (a “Payment”) would (i) constitute a “parachute payment” within the meaning of Section 280G of the Code, and (ii) but for this sentence, be subject to the excise tax imposed by Section 4999 of the Code (the “Excise Tax”), then such Payment will be equal to the Reduced Amount.  The “Reduced Amount” will be either (A) the largest portion of the Payment that would result in no portion of the Payment being subject to the Excise Tax, or (B) the largest portion, up to and including the total, of the Payment, whichever amount (clause (A) or (B)), after taking into account all applicable federal, state, provincial, foreign, and local employment taxes, income taxes, and the Excise Tax (all computed at the highest applicable marginal rate), results in the Participant’s receipt, on an after-tax basis, of the greatest economic benefit notwithstanding that all or some portion of the Payment may be subject to the Excise Tax. If a reduction in payments or benefits constituting “parachute payments” is necessary so that the Payment equals the Reduced Amount, reduction will occur in the following order: (1) reduction of cash payments; (2) cancellation of accelerated vesting of equity awards other than stock options; (3) cancellation of accelerated vesting of stock options; and (4) reduction of other benefits paid to the Participant. Within any such category of Payments (that is, clause (1), (2), (3) or (4)), a reduction will occur first with respect to amounts that are not “deferred compensation” within the meaning of Section 409A of the Code and then with respect to amounts that are. In the event that acceleration of vesting of equity award compensation is to be reduced, such acceleration of vesting will be cancelled in the reverse order of the date of grant of the Participant’s applicable type of equity award (i.e., earliest granted equity awards are cancelled last).

		
			 
		

			
	
			
				 6.
			TAX MATTERS.

		
			 
		

			
	
			
				 (a)
			Withholding. All payments and benefits under the Plan will be subject to all applicable deductions and withholdings, including, without limitation, obligations to withhold for federal, state, provincial, foreign and local income and employment taxes.

		
			 
		

			
	
			
				 (b)
			Tax Advice. By becoming a Participant in the Plan, the Participant agrees to review with Participant’s own tax advisors the federal, state, provincial, local, and foreign tax consequences of participation in the Plan. The Participant will rely solely on such advisors and not on any statements or representations of the Company or any of its agents. The Participant understands that the Participant (and not the Company) will be responsible for the Participant’s own tax liability that may arise as a result of becoming a Participant in the Plan.

		
			 
		

			
	
			
				 (c)
			Application of Code Section 409A. This section explains how certain Plan provisions will be interpreted and applied in effort to avoid excise tax under the deferred compensation provisions of the Code. It is intended that all of the benefits provided under the Plan satisfy, to the greatest extent possible, the exemptions from the application of Section 409A of the Code and the regulations and other guidance thereunder and any state law of similar effect (collectively, “Section 409A”) provided under Treasury Regulations Sections 1.409A-1(b)(4), 1.409A-1(b)(5), and 1.409A-1(b)(9), and the Plan will be construed to the greatest extent possible as consistent with those provisions.  To the extent not so exempt, the Plan (and any definitions in

		
			 
		

		
			

		 

		

			 

		

 

		

		
			the Plan) will be construed in a manner that complies with Section 409A, and incorporates by reference all required definitions and payment terms. For purposes of Section 409A (including, without limitation, for purposes of Treasury Regulations Section 1.409A-2(b)(2)(iii)), a Participant’s right to receive any installment payments under the Plan will be treated as a right to receive a series of separate payments and, accordingly, each installment payment under the Plan will at all times be considered a separate and distinct payment. If any of the payments upon a Separation from Service provided under the Plan (or under any other arrangement with the Participant) constitute “deferred compensation” under Section 409A and if the Participant is a “specified employee” of the Company, as such term is defined in Section 409A(a)(2)(B)(i), at the time of the Participant’s Separation from Service, then, solely to the extent necessary to avoid the incurrence of the adverse personal tax consequences under Section 409A, the timing of the payments upon a Separation from Service will be delayed as follows: on the earlier to occur of (i) the date that is six months and one day after the effective date of the Participant’s Separation from Service, and (ii) the date of the Participant’s death (such earlier date, the “Delayed Initial Payment Date”), the Company will (A) pay to the Participant a lump sum amount equal to the sum of the payments upon Separation from Service that the Participant would otherwise have received through the Delayed Initial Payment Date if the commencement of the payments had not been delayed pursuant to this paragraph, and (B) commence paying the balance of the payments in accordance with the applicable payment schedules set forth above. No interest will be due on any amounts so deferred.
		

		
			 
		

			
	
			
				 7.
			CLAWBACK; RECOVERY.  All payments and severance benefits provided under the Plan will be subject to recoupment in accordance with any clawback policy that the Company is required to adopt pursuant to the listing standards of any national securities exchange or association on which the Company’s securities are listed or as is otherwise required by the Dodd-Frank Wall Street Reform and Consumer Protection Act or other applicable law. No recovery of compensation under such a clawback policy will be an event giving rise to a right to resign for “good reason,” Constructive Termination, or any similar term under any plan of or agreement with the Company.

		
			 
		

			
	
			
				 8.
			RIGHT TO INTERPRET PLAN; AMENDMENT AND TERMINATION.

		
			 
		

			
	
			
				 (a)
			Exclusive Discretion. The Plan Administrator will have the exclusive discretion and authority to administer, construe and interpret the Plan and to decide any and all questions arising in connection with the operation of the Plan.

		
			 
		

			
	
			
				 (b)
			Amendment or Termination. The Plan Administrator reserves the right to amend or terminate the Plan, any Participation Notice issued pursuant to the Plan or the benefits provided hereunder at any time. Unless terminated sooner by the Plan Administrator, the Plan shall automatically terminate immediately following the day before the third anniversary of the date the Plan is adopted by the Board. No such amendment or termination will apply to any Participant who would be adversely affected by such amendment or termination unless such Participant consents in writing to such amendment or termination. Any action amending or terminating the Plan or any Participation Notice will be in writing and executed by a duly authorized officer of the Company and approved by the Plan Administrator.

		
			 
		

		
			

		 

		

			 

		

 

		

			
	
			
				 9.
			NO  IMPLIED EMPLOYMENT CONTRACT.  The Plan will not be deemed (i) to give any employee or other person any right to be retained in the employ of the Company, or (ii) to interfere with the right of the Company to discharge any employee or other person at any time, with or without Cause, which right is hereby reserved.

		
			 
		

			
	
			
				 10.
			DEFINITIONS.  For purposes of the Plan, certain terms are defined as set forth in Attachment A to the form of Participation Notice, and the following terms are defined as follows:

		
			 
		

			
	
			
				 (a)
			“Change in Control” shall have the meaning set forth in Section 13(h) of the Company’s 2014 Equity Incentive Plan as of the Effective Date.

		
			 
		

			
	
			
				 (b)
			

			
	
			
			“Code” means the Internal Revenue Code of 1986, as amended.

		
			 
		

			
	
			
				 (c)
			

			
	
			
			“Common Stock” means the common stock of the Company.

		
			 
		

			
	
			
				 (d)
			“Plan Administrator” means the Board of Directors of the Company (the “Board”) or any committee of the Board duly authorized to administer the Plan. The Plan Administrator may, but is not required to be, the Compensation Committee of the Board. The Board may at any time administer the Plan, in whole or in part, notwithstanding that the Board has previously appointed a committee to act as the Plan Administrator.

		
			 
		

			
	
			
				 (e)
			“Release” means a general waiver and release substantially in the forms attached hereto as EXHIBIT A, which forms may be modified by the Plan Administrator or a designee of the Plan Administrator, in its sole discretion, to comply with applicable law and/or to incorporate the terms into a separation agreement or other written agreement with the Participant.

		
			 
		

			
	
			
				 (f)
			“Separation from Service” means a “separation from service” within the meaning of Treasury Regulations Section 1.409A-1(h), without regard to any alternative definition thereunder.

		
			 
		

			
	
			
				 11.
			LEGAL CONSTRUCTION.  The Plan will be governed by and construed under the laws of the State of California (without regard to principles of conflict of laws), except to the extent preempted by the Employee Retirement Income Security Act of 1974, as amended (“ERISA”).

		
			 
		

			
	
			
				 12.
			CLAIMS, INQUIRIES AND APPEALS.

		
			 
		

			
	
			
				 (a)
			Applications for Benefits and Inquiries. Any application for benefits, inquiries about the Plan or inquiries about present or future rights under the Plan must be submitted to the Plan Administrator in writing by an applicant (or the applicant’s authorized representative). The Plan Administrator is set forth belobw.

		
			 
		

			
	
			
				 (b)
			Denial of Claims. In the event that any application for benefits is denied in whole or in part, the Plan Administrator must provide the applicant with written or electronic notice of the denial of the application, and of the applicant’s right to review the denial. Any electronic notice will comply with the regulations of the U.S. Department of Labor. The notice of denial will be set forth in a manner designed to be understood by the applicant and will include the following:

		
			 
		

			
	
			
				 (1)
			the specific reason or reasons for the denial;

		
			 
		

		
			

		 

		

			 

		

 

		

			
	
			
				 (2)
			

			
	
			
			references to the specific Plan provisions upon which the denial   is

		
			based;
		

		
			 
		

			
	
			
				 (3)
			a description of any additional information or material that the Plan Administrator needs to complete the review and an explanation of why such information or material is necessary; and

		
			 
		

			
	
			
				 (4)
			an explanation of the Plan’s review procedures and the time limits applicable to such procedures, including a statement of the applicant’s right to bring a civil action under Section 502(a) of ERISA following a denial on review of the claim, as described in Section 13(d).

		
			 
		

		
			The notice of denial will be given to the applicant within 90 days after the Plan Administrator receives the application, unless special circumstances require an extension of time, in which case, the Plan Administrator has up to an additional 90 days for processing the application. If an extension of time for processing is required, written notice of the extension will be furnished to the applicant before the end of the initial 90-day period.
		

		
			 
		

		
			The notice of extension will describe the special circumstances necessitating the additional time and the date by which the Plan Administrator is to render its decision on the application.
		

		
			 
		

			
	
			
				 (a)
			Request for a Review. Any person (or that person’s authorized representative) for whom an application for benefits is denied, in whole or in part, may appeal the denial by submitting a request for a review to the Plan Administrator within 60 days after the application is denied.  A request for a review will be in writing and will be addressed to:

		
			 
		

		
			MobileIron, Inc.
		

		
			Attn: General Counsel
		

		
			415 East Middlefield Road Mountain View, CA 94043
		

		
			 
		

		
			A request for review must set forth all of the grounds on which it is based, all facts in support of the request and any other matters that the applicant feels are pertinent. The applicant (or the applicant’s representative) will have the opportunity to submit (or the Plan Administrator may require the applicant to submit) written comments, documents, records, and other information relating to the applicant’s claim. The applicant (or the applicant’s representative) will be provided, upon request and free of charge, reasonable access to, and copies of, all documents, records and other information relevant to  the applicant’s claim. The review will take into account all comments, documents, records and other information submitted by the applicant (or the applicant’s representative) relating to the claim, without regard to whether such information was submitted or considered in the initial benefit determination.
		

		
			 
		

			
	
			
				 (b)
			Decision on Review. The Plan Administrator will act on each request for review within 60 days after receipt of the request, unless special circumstances require an extension of time (not to exceed an additional 60 days), for processing the request for a review. If an extension for review is required, written notice of the extension will be furnished to the applicant within the initial 60-day period. This notice of extension will describe the special circumstances necessitating the additional time and the date by which the Plan Administrator is to render its

		
			 
		

		
			

		 

		

			 

		

 

		

		
			decision on the review. The Plan Administrator will give prompt, written or electronic notice of its decision to the applicant. Any electronic notice will comply with the regulations of the U.S. Department of Labor. In the event that the Plan Administrator confirms the denial of the application for benefits, in whole or in part, the notice will set forth, in a manner designed to be understood by the applicant, the following:
		

		
			 
		

			
	
			
				 (1)
			the specific reason or reasons for the denial;

		
			 
		

			
	
			
				 (2)
			

			
	
			
			references to the specific Plan provisions upon which the denial is based;

		
			 
		

			
	
			
				 (3)
			a statement that the applicant is entitled to receive, upon request and free of charge, reasonable access to, and copies of, all documents, records and other information relevant to his or her claim; and

		
			 
		

			
	
			
				 (4)
			a statement of the applicant’s right to bring a civil action under Section 502(a) of ERISA.

		
			 
		

			
	
			
				 (a)
			Rules and Procedures. The Plan Administrator will establish rules and procedures, consistent with the Plan and with ERISA, as necessary and appropriate in carrying out its responsibilities in reviewing benefit claims. The Plan Administrator may require an applicant who wishes to submit additional information in connection with an appeal from the denial of benefits to do so at the applicant’s own expense.

		
			 
		

			
	
			
				 (b)
			Exhaustion of Remedies. No legal action for benefits under the Plan may be brought until the applicant (i) has submitted a written application for benefits in accordance with the procedures described above, (ii) has been notified by the Plan Administrator that the application is denied, (iii) has filed a written request for a review of the application in accordance with the appeal procedure described above, and (iv) has been notified that the Plan Administrator has denied the appeal. Notwithstanding the foregoing, if the Plan Administrator does not respond to an applicant’s claim or appeal within the relevant time limits, the applicant may bring legal action for benefits under the Plan pursuant to Section 502(a) of ERISA.

		
			 
		

			
	
			
				 13.
			BASIS OF PAYMENTS TO AND FROM PLAN. All benefits under the Plan will be paid by the Company. The Plan will be unfunded, and benefits hereunder will be paid only from the general assets of the Company.

		
			 
		

			
	
			
				 14.
			OTHER PLAN INFORMATION.

		
			 
		

			
	
			
				 (a)
			Employer and Plan Identification Numbers. The Employer Identification Number assigned to the Company (which is the “Plan Sponsor” as that term is used in ERISA) by the Internal Revenue Service is 26-0866846.

		
			 
		

			
	
			
				 (b)
			Ending Date for Plan’s Fiscal Year. The date of the end of the fiscal year for the purpose of maintaining the Plan’s records is December 31.

		
			 
		

			
	
			
				 (c)
			Agent for the Service of Legal Process. The agent for the service of legal process with respect to the Plan is:

		
			 
		

		
			

		 

		

			 

		

 

		

		
			MobileIron, Inc.
		

		
			Attn: General Counsel
		

		
			415 East Middlefield Road Mountain View, CA 94043
		

		
			 
		

			
	
			
				 (d)
			Plan Sponsor and Administrator. The “Plan Sponsor” of the Plan is the Company, and the “Plan Administrator” of the Plan is as set forth in Section 10(d) of the Plan. All notices and requests should be directed to:

		
			 
		

		
			MobileIron, Inc.
		

		
			Attn: General Counsel
		

		
			415 East Middlefield Road Mountain View, CA 94043
		

		
			 
		

		
			The telephone number for the Plan Sponsor and Plan Administrator is (650) 919-8100. The Plan Administrator is the named fiduciary charged with the responsibility for administering the Plan.
		

		
			 
		

			
	
			
				 15.
			STATEMENT OF ERISA RIGHTS.

		
			 
		

		
			Participants in the Plan (which is a welfare benefit plan sponsored by the Company) are entitled to certain rights and protections under ERISA. Participants in the Plan are considered participants in the Plan for the purposes of this paragraph and, under ERISA, such Participants are entitled to:
		

		
			 
		

		
			Receive Information About Your Plan and Benefits
		

		
			 
		

			
	
			
				 (a)
			Examine, without charge, at the Plan Administrator’s office and at other specified locations, such as worksites, all documents governing the Plan and a copy of the latest annual report (Form 5500 Series), if applicable, filed by the Plan with the U.S. Department of Labor and available at the Public Disclosure Room of the Employee Benefits Security Administration;

		
			 
		

			
	
			
				 (b)
			Obtain, upon written request to the Plan Administrator, copies of documents governing the operation of the Plan and copies of the latest annual report (Form 5500 Series), if applicable, and an updated (as necessary) Summary Plan Description. The Plan Administrator may make a reasonable charge for the copies; and

		
			 
		

			
	
			
				 (c)
			Receive a summary of the Plan’s annual financial report, if applicable. The Plan Administrator is required by law to furnish each participant with a copy of this summary annual report.

		
			 
		

		
			Prudent Actions By Plan Fiduciaries
		

		
			 
		

		
			In addition to creating rights for Plan participants, ERISA imposes duties upon the people who are responsible for the operation of the employee benefit plan. The people who operate the Plan, called “fiduciaries” of the Plan, have a duty to do so prudently and in the interest of Participants and other Plan Participants and beneficiaries. No one, including the Participant’s employer, union or any other person, may fire a Participant or otherwise discriminate against a Participant in   any
		

		
			 
		

		
			

		 

		

			 

		

 

		

		
			way to prevent a Participant from obtaining a Plan benefit or exercising a Participant’s rights under ERISA.
		

		
			 
		

		
			Enforcement of Participant Rights
		

		
			 
		

		
			If a Participant’s claim for a Plan benefit is denied or ignored, in whole or in part, the Participant has a right to know why this was done, to obtain copies of documents relating to the decision without charge, and to appeal any denial, all within certain time schedules.
		

		
			 
		

		
			Under ERISA, there are steps a Participant can take to enforce the above rights. For instance, if the Participant requests a copy of Plan documents or the latest annual report from the Plan, if applicable, and does not receive them within 30 days, the Participant may file suit in a federal court. In such a case, the court may require the Plan Administrator to provide the materials and pay the Participant up to $110 a day until you receive the materials, unless the materials were not sent because of reasons beyond the control of the Plan Administrator.
		

		
			 
		

		
			If a Participant has a claim for benefits that is denied or ignored, in whole or in part, the Participant may file suit in a state or federal court.
		

		
			 
		

		
			If a Participant is discriminated against for asserting the Participant’s rights, the Participant may seek assistance from the U.S. Department of Labor, or the Participant may file suit in a federal court. The court will decide who should pay court costs and legal fees. If the Participant is successful, the court may order the person the Participant has sued to pay these costs and fees. If the Participant loses, the court may order the Participant to pay these costs and fees, for example, if it finds the Participant’s claim is frivolous.
		

		
			 
		

		
			Assistance With Participant Questions
		

		
			 
		

		
			If a Participant has any questions about the Plan, the Participant should contact the Plan Administrator. If the Participant have any questions about this statement or about the Participant’s rights under ERISA, or if the Participant needs assistance in obtaining documents from the Plan Administrator, the Participant should contact the nearest office of the Employee Benefits Security Administration, U.S. Department of Labor, listed in the Participant’s telephone directory or the Division of Technical Assistance and Inquiries, Employee Benefits Security Administration, U.S. Department of Labor, 200 Constitution Avenue N.W., Washington, D.C. 20210. A Participant may also obtain certain publications about the Participant’s rights and responsibilities under ERISA by calling the publications hotline of the Employee Benefits Security Administration.
		

		
			 
		

			
	
			
				 16.
			GENERAL PROVISIONS.

		
			 
		

			
	
			
				 (a)
			Notices. Any notice, demand or request required or permitted to be given by either the Company or a Participant pursuant to the terms of the Plan will be in writing and will be deemed given when delivered personally, when received electronically (including email addressed to the Participant’s Company email account and to the Company email account of the Company’s General Counsel), or deposited in the U.S. Mail, First Class with postage prepaid, and addressed to the parties, in the case of the Company, at the address set forth in above, in the case of a Participant, at the address as set forth in the Company’s employment file maintained for the

		
			 
		

		
			

		 

		

			 

		

 

		

		
			Participant as previously furnished by the Participant or such other address as a party may request by notifying the other in writing.
		

		
			 
		

			
	
			
				 (b)
			Transfer and Assignment. The rights and obligations of a Participant under the Plan may not be transferred or assigned without the prior written consent of the Company. The Plan will be binding upon any surviving entity resulting from a Change in Control and upon any other person who is a successor by merger, acquisition, consolidation or otherwise to the business formerly carried on by the Company without regard to whether or not such person or entity actively assumes the obligations hereunder.

		
			 
		

			
	
			
				 (c)
			Waiver. Any party’s failure to enforce any provision or provisions of the Plan will not in any way be construed as a waiver of any such provision or provisions, nor prevent any party from thereafter enforcing each and every other provision of the Plan. The rights granted to the parties herein are cumulative and will not constitute a waiver of any party’s right to assert all other legal remedies available to it under the circumstances.

		
			 
		

			
	
			
				 (d)
			Severability. Should any provision of the Plan be declared or determined to be invalid, illegal or unenforceable, the validity, legality and enforceability of the remaining provisions will not in any way be affected or impaired.

		
			 
		

			
	
			
				 (e)
			Section Headings. Section headings in the Plan are included only for convenience of reference and will not be considered part of the Plan for any other purpose.

		
			 
		

		
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			11.
		

		
			 
		

		
			

		 

		

			 

		

 

		

		
			MOBILEIRON, INC. SEVERANCE BENEFIT PLAN PARTICIPATION NOTICE
		

		
			 
		

		
			To: Greg Randolph
		

		
			Date: October 26, 2017
		

		
			 
		

		
			You have been designated as eligible to be a Participant in the MobileIron, Inc. Severance Benefit Plan. A copy of the Plan document is attached to this Participation Notice. The terms and conditions of your participation in the Plan are as set forth in the Plan document and this Participation Notice, which together constitute the Summary Plan Description for the Plan.
		

		
			 
		

		
			The table below designates the benefits you are eligible to receive pursuant to the Plan.
		

		
			 
		

			
					
						 

					
					
						Salary Continuation

					
					
						Maximum Duration of COBRA Payment Period

					
					
						Percentage of Outstanding Equity Awards That Will Accelerate

				
	
					
						Qualifying Termination that is NOT a Change in Control Termination

					
					
						6 months of your

					
						Monthly Base Salary

					
					
						6 months

					
					
						0%

				
	
					
						Qualifying Termination that is a Change in Control Termination

					
					
						12 months of your Monthly Base Salary

					
					
						12 months

					
					
						100%

				

		
			 
		

		
			In addition to other terms defined in the Plan document, the definitions on Attachment A to this Participation Notice are used to define the benefits to which you are entitled under the Plan.
		

		
			 
		

		
			By accepting participation in the Plan, you represent that you have either consulted your personal tax or financial planning advisor about the tax consequences of your participation in the Plan, or you have knowingly declined to do so.
		

		
			 
		

		
			Please return to the Company a copy of this Participation Notice signed by you and retain a copy of this Participation Notice, along with the Plan document, for your records.
		

		
			 
		

		
			 
		

			
					
						 

				
	
					
						Greg Randolph

				
	
					
						(Signature)

				
	
					
						 

				
	
					
						GREG RANDOLPH

				
	
					
						(Print Name)

				
	
					
						 

				
	
					
						October 29, 2017

				
	
					
						(Date)

				

		
			 
		

		
			 
		

		
			 
		

		
			 
		

		
			

		 

		

			 

		

 

		

		
			ATTACHMENT A
		

		
			 
		

		
			 
		

		
			“Monthly Base Salary” means the Participant’s monthly base salary in effect immediately prior to date of the Qualifying Termination, ignoring any reduction that forms the basis for Constructive Termination.
		

		
			“Salary Continuation” The Company shall continue to pay the Participant, as severance, the Participant’s Monthly Base Salary for the number of months set forth in the Participant’s Participation Notice in accordance with the Company’s standard payroll practices and subject to standard payroll deductions and withholdings, provided that, if the Qualifying Termination is not a Change in Control Termination, such payments shall cease if the Participant commences employment with another employer.
		

		
			 
		

		
			“Qualifying Termination” means a Change in Control Termination or any other Involuntary Termination Without Cause.
		

		
			 
		

		
			“Change in Control Termination” means (i) an Involuntary Termination Without Cause, or (ii) a Constructive Termination, in either case that occurs within the period starting three months prior to a Change in Control and ending on the first anniversary of the Change in Control.
		

		
			 
		

		
			“Involuntary Termination Without Cause” means a Participant’s involuntary termination of employment by the Company, resulting in a Separation from Service, for a reason other than death, disability, or Cause.
		

		
			 
		

		
			“Cause” means any of the following events: (i) Participant’s willful failure substantially to perform his or her duties and responsibilities to the Company; (ii) willful breach of any obligation under any written agreement with the Company that is not cured within 30 days of written notice to the Participant; (iii) Participant’s deliberate violation of a Company policy, or commission of any felony or any act of fraud, embezzlement, dishonesty or any other willful misconduct, that has caused or is reasonably expected to result in material injury to the Company; or (iv) material unauthorized use, disclosure or misappropriation by Participant of any proprietary information, trade secret or other asset of the Company or entrusted to the Company by a third party.
		

		
			 
		

		
			“Constructive Termination” means the Participant resigns (resulting in a Separation from Service) because one of the following events or actions is undertaken without the Participant’s written consent:
		

		
			 
		

		
			(i) a reduction of more than 20% or more in the Participant’s annual base salary (unless pursuant to a salary reduction program applicable to all similarly situated employees);
		

		
			(i) a non-temporary relocation of the Participant’s business office to a location that increases the Participant’s one-way commute by more than 50 miles from the primary location at which the Participant performed duties at the time of Constructive Termination; or
		

		
			(iii) a material breach by the Company or any successor entity of the Plan or any employment agreement between the Company and the Participant.
		

		
			 
		

		
			An event or action will not give the Participant grounds for Constructive Termination unless (A) the Participant gives the Company written notice within 30 days after the initial existence of the 

		 

		

			 

		

 

event or action that the Participant intends to resign in a Constructive Termination due to such event or action; (B) the event or action is not reasonably cured by the Company within 30 days after the Company receives written notice from the Participant; and (C) the Participant’s Separation from Service occurs within 90 days after the end of the cure period.
		

		
			 
		

		
			

		 

		

			 

		

 

		

		
			EXHIBIT A
		

		
			 
		

		
			FORM OF RELEASE AGREEMENT [EMPLOYEES AGE 40 OR OVER; GROUP TERMINATION]
		

		
			I have reviewed, I understand, and I agree completely to the terms set forth in the MobileIron, Inc. Severance Benefit Plan (the “Plan”).
		

		
			 
		

		
			I understand that this Release, together with the Plan, constitutes the complete, final and exclusive embodiment of the entire agreement between the Company, affiliates of the Company, and me with regard to the subject matter hereof. I am not relying on any promise or representation by the Company or an affiliate of the Company that is not expressly stated therein. Certain capitalized terms used in this Release are defined in the Plan.
		

		
			 
		

		
			I hereby acknowledge and reaffirm my obligations under my Confidentiality Agreement.
		

		
			 
		

		
			Except as otherwise set forth in this Release, I hereby generally and completely release the Company and its affiliates, and its and their parents, subsidiaries, successors, predecessors and affiliates, and its and their partners, members, directors, officers, employees, stockholders, shareholders, agents, attorneys, predecessors, insurers, affiliates and assigns (collectively, the “Released Parties”), of and from any and all claims, liabilities and obligations, both known and unknown, that arise out of or are in any way related to events, acts, conduct, or omissions occurring at any time prior to or on the date I  sign this Release (collectively, the “Released Claims”). The Released Claims include, but are not limited to: (a) all claims arising out of or in any way related to my employment with the Company and its affiliates, or their affiliates, or the termination of that employment; (b) all claims related to my compensation or benefits, including salary, bonuses, commissions, vacation pay, expense reimbursements, severance pay, fringe benefits, stock, stock options, or any other ownership interests in the Company and its affiliates, or their affiliates; (c) all claims for breach of contract, wrongful termination, and breach of the implied covenant of good faith and fair dealing; (d) all tort claims, including claims for fraud, defamation, emotional distress, and discharge in violation of public policy; and (e) all federal, state, provincial and local statutory claims, including claims for discrimination, harassment, retaliation, attorneys’ fees, or other claims arising under the federal Civil Rights Act of 1964 (as amended), the federal Americans with Disabilities Act of 1990 (as amended), the federal Age Discrimination in Employment Act (as amended) (“ADEA”), the federal Employee Retirement Income Security Act of 1974 (as amended), the federal Family and Medical Leave Act (as amended) (“FMLA”), the California Family Rights Act (as amended) (“CFRA”), the California Labor Code (as amended), and the California Fair Employment and Housing Act (as amended).
		

		
			 
		

		
			Notwithstanding the foregoing, I understand that the following rights or claims are not included in my Release (the “Excluded Claims”): (a) any rights or claims for indemnification I may have pursuant to any fully executed indemnification agreement with
		

		
			 
		

		
			

		 

		

			 

		

 

		

		
			the Company or its affiliate to which I am a party; the charter, bylaws, or operating agreements of the Company or its affiliate; or under applicable law; (b) any rights or claims which cannot be waived as a matter of law; or (c) any claims for breach of the Plan arising after the date that I sign this Release. In addition, I understand that nothing in this Release prevents me from filing, cooperating with, or participating in any proceeding before the Equal Employment Opportunity Commission, the Department of Labor, or any other government agency, except that I hereby waive my right to any monetary benefits in connection with any such claim, charge or proceeding. I hereby represent and warrant that, other than the Excluded Claims, I am not aware of any claims I have or might have against the Released Parties that are not included in the Released Claims.
		

		
			 
		

		
			I acknowledge that I am knowingly and voluntarily waiving and releasing any rights I may have under the ADEA, and that the consideration given under the Plan for the waiver and release in the preceding paragraphs hereof is in addition to anything of value to which I was already entitled. I further acknowledge that I have been advised by this writing, as required by the ADEA, that: (a) my waiver and release do not apply to any rights or claims that may arise after the date I sign this Release; (b) I should consult with an attorney prior to signing this Release (although I may choose voluntarily not to do so); (c) I have 45 days to consider this Release (although I may choose voluntarily to sign this Release earlier); (d) I have 7 days following the date I sign this Release to revoke the Release by providing written notice of my revocation to an office of the Company; (e) this Release will not be effective until the date upon which the revocation period has expired, which will be the eighth day after I sign this Release; and (f) I have received with this Release a written disclosure under 29 U.S. Code Section 626(f)(1)(H) that includes certain information relating to the Company’s group termination.
		

		
			 
		

		
			In giving the releases set forth in this Release, which include claims which may be unknown or unsuspected by me at present, I acknowledge that I have read and understand Section 1542 of the California Civil Code which reads as follows: “A general release does not extend to claims which the creditor does not know or suspect to exist in his or her favor at the time of executing the release, which if known by him or her must have materially affected his or her settlement with the debtor.” I hereby expressly waive and relinquish all rights and benefits under that section and any law or legal principle of similar effect in any jurisdiction with respect to the releases granted herein, including but not limited to the release of unknown and unsuspected claims granted in this Release.
		

		
			 
		

		
			I hereby represent and warrant that: (a) I have been paid all compensation owed and for all time worked; (b) I have received all the leave and leave benefits and protections for which I am eligible pursuant to FMLA, CFRA, the Company’s policies, or applicable law; and (c) I have not suffered any on-the-job injury or illness for which I have not already filed a workers’ compensation claim.
		

		
			 
		

		
			I acknowledge that to become effective, I must sign and return this Release to the Company so that it is received not later than 45 days following the date it is provided to me, and I must not subsequently revoke the Release.
		

		
			 
		

		
			

		 

		

			 

		

 

		

		
			PARTICIPANT:
		

		
			 
		

		
			
		

		
			(Signature)
		

		
			 
		

		
			Printed Name:   Date:  
		

		
			 
		

		
			 
		

		
			 
		

		
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			FORM OF RELEASE AGREEMENT [EMPLOYEES UNDER AGE 40]
		

		
			I have reviewed, I understand, and I agree completely to the terms set forth in the MobileIron, Inc. Severance Benefit Plan (the “Plan”).
		

		
			 
		

		
			I understand that this Release, together with the Plan, constitutes the complete, final and exclusive embodiment of the entire agreement between the Company, affiliates of the Company, and me with regard to the subject matter hereof. I am not relying on any promise or representation by the Company or an affiliate of the Company that is not expressly stated therein. Certain capitalized terms used in this Release are defined in the Plan.
		

		
			 
		

		
			I hereby acknowledge and reaffirm my obligations under my Confidentiality Agreement.
		

		
			 
		

		
			Except as otherwise set forth in this Release, I hereby generally and completely release the Company and its affiliates, and its and their parents, subsidiaries, successors, predecessors and affiliates, and its and their partners, members, directors, officers, employees, stockholders, shareholders, agents, attorneys, predecessors, insurers, affiliates and assigns (collectively, the “Released Parties”), of and from any and all claims, liabilities and obligations, both known and unknown, that arise out of or are in any way related to events, acts, conduct, or omissions occurring at any time prior to or on the date I sign this Release (collectively, the “Released Claims”). The Released Claims include, but are not limited to: (a) all claims arising out of or in any way related to my employment with the Company and its affiliates, or their affiliates, or the termination of that employment; (b) all claims related to my compensation or benefits, including salary, bonuses, commissions, vacation pay, expense reimbursements, severance pay, fringe benefits, stock, stock options, or any other ownership interests in the Company and its affiliates, or their affiliates; (c) all claims for breach of contract, wrongful termination, and breach of the implied covenant of good faith and fair dealing; (d) all tort claims, including claims for fraud, defamation, emotional distress, and discharge in violation of public policy; and (e) all federal, state, provincial and local statutory claims, including claims for discrimination, harassment, retaliation, attorneys’ fees, or other claims arising under the federal Civil Rights Act of 1964 (as amended), the federal Americans with Disabilities Act of 1990 (as amended), the federal Employee Retirement Income Security Act of 1974 (as amended), the federal Family and Medical Leave Act (as amended) (“FMLA”), the California Family Rights Act (as amended) (“CFRA”), the California Labor Code (as amended), and the California Fair Employment and Housing Act (as amended).
		

		
			 
		

		
			Notwithstanding the foregoing, I understand that the following rights or claims are not included in my Release (the “Excluded Claims”): (a) any rights or claims for indemnification I may have pursuant to any fully executed indemnification agreement with the Company or its affiliate to which I am a party; the charter, bylaws, or operating agreements of the Company or its affiliate; or under applicable law; (b) any rights or claims which cannot be waived as a matter of law; or (c) any claims for breach of the Plan arising
		

		
			 
		

		
			

		 

		

			 

		

 

		

			 

		

		

		
			after the date that I sign this Release. In addition, I understand that nothing in this Release prevents me from filing, cooperating with, or participating in any proceeding before the Equal Employment Opportunity Commission, the Department of Labor, or any other government agency, except that I hereby waive my right to any monetary benefits in connection with any such claim, charge or proceeding. I hereby represent and warrant that, other than the Excluded Claims, I am not aware of any claims I have or might have against the Released Parties that are not included in the Released Claims.
		

		
			 
		

		
			In giving the releases set forth in this Release, which include claims which may be unknown or unsuspected by me at present, I acknowledge that I have read and understand Section 1542 of the California Civil Code which reads as follows: “A general release does not extend to claims which the creditor does not know or suspect to exist in his or her favor at the time of executing the release, which if known by him or her must have materially affected his or her settlement with the debtor.” I hereby expressly waive and relinquish all rights and benefits under that section and any law or legal principle of similar effect in any jurisdiction with respect to the releases granted herein, including but not limited to the release of unknown and unsuspected claims granted in this Release.
		

		
			 
		

		
			I hereby represent and warrant that: (a) I have been paid all compensation owed and for all time worked; (b) I have received all the leave and leave benefits and protections for which I am eligible pursuant to FMLA, CFRA, the Company’s policies, or applicable law; and (c) I have not suffered any on-the-job injury or illness for which I have not already filed a workers’ compensation claim.
		

		
			 
		

		
			I acknowledge that to become effective, I must sign and return this Release to the Company so that it is received not later than 14 days following the date it is provided to me.
		

		
			 
		

		
			PARTICIPANT:
		

		
			 
		

		
			
		

		
			(Signature)
		

		
			 
		

		
			Printed Name: 
		

		
			 
		

		
			Date: 
		

		
			 
		

		
			 
		

		
			 
		

		
			 
		

		
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