Document:

EX-4.8

 Exhibit 4.8 

LEASE DEED 
 THIS LEASE DEED is made at
Chennai on this      day of             , 2016. 
 BY AND
BETWEEN 
 M/s DLF Assets Private Limited, a company incorporated under the Companies Act, 1956 and having its
registered office at 10th Floor, DLF Gateway Tower, ‘R’ Block, DLF City Phase–III, Gurgaon-122002 (hereinafter referred to as “THE LESSOR” which expression shall, unless
it be repugnant to the context or meaning thereof, be deemed to mean and include its successors. administrators, transferees and assigns) acting through its authorized signatories, Mr Ernest David & Mr. R.P Punjani vide board
resolution dated 2nd November, 2015 of the First Part. 
 AND 

M/s WNS Global Services Private Limited, a company incorporated under the Companies Act, 1956, and presently having its registered office
in India at Plant 10, Gate no 4, Godrej & Boyce Complex, Pirojshanagar LBS Marg, Vikhroli (W), Mumbai 400 079 (hereinafter referred to as “THE LESSEE” which expression shall, unless it be repugnant to the context or meaning
thereof, be deemed to mean and include its successors) having Permanent Account Number AAACW2598L and Tax Collection and Deduction Account Number MUMW01007G acting through its authorized signatory Mr. Ramesh Babu vide board resolution dated 12th February, 2015 of the Second Part. 
 (Both THE LESSOR and THE LESSEE are collectively referred to
as “the Parties”). 

	A.	WHEREAS DLF Info City Developers (Chennai) Limited, as owners of the said Plot described below, has been granted approval for and notified as Developers at SEZ situated at Chennai (SEZ unit) vide notification
F-2/124/2006-SEZ dated 16th November, 2006 and approval letter No. F-2/124/2005- EPZ dated 22nd June, 2006. 

 

	B.	AND WHEREAS subsequently DLF Info City Developers (Chennai) Limited has executed Co-Development Agreement dated 29th November, 2006 for the purpose of development of the said SEZ unit with THE LESSOR as well as a
perpetual lease of the said Plot in favour of THE LESSOR. 

  

	C.	AND WHEREAS the Govt. of India, Ministry of Commerce and Industry, Department of Commerce, SEZ Section vide their letter No. F 2 / 124 / 2005 - EPZ dated 14th February, 2007 has also approved THE LESSOR as a
Co-Developer of the said SEZ unit. 

  

	D.	AND WHEREAS THE LESSOR is seized and possessed of the said Plot and the building constructed thereon, as per the Master Plan to be approved by the Chennai Metropolitan Development Authority (CMDA) and such other
authorities as may be required and THE LESSOR being competent to lease office spaces in the said Building on the said Plot. 

  

	E.	AND WHEREAS THE LESSOR has constructed multi-storeyed buildings comprising of approx. 10 blocks with basements and named as ‘DLF IT Park @ Chennai’ (hereinafter referred to as the “said Complex”) in
accordance with the building plans as shall be approved by the CMDA or from such other authorities as may be needed to form the same as a Special Economic Zone under the rules framed by the Government of India from time to time for its approval.
Block 10 is hereinafter referred to as the “said Building”. 

  

	F.	AND WHEREAS based on the above representations made by THE LESSOR and after due inspection and verification of the said Plot, said Building, approved building plans, ownership record of the said Plot, said Building and
other documents relating to the title, competency and all other relevant details, THE LESSEE is satisfied in all respects with regard to the right, title and authority of THE LESSOR to enter into this Lease Deed. 

 

	G.	AND WHEREAS THE LESSOR and THE LESSEE had entered into the lease deed dated 6th Dec, 2010 (“Earlier Lease”) for a period of 5 years commencing from 1st April, 2011 in respect of the Demised Premises (as defined hereinafter). 

  

	H.	AND WHEREAS Earlier Lease shall expire on 31st March, 2016 and THE LESSEE has approached THE LESSOR to renew
the Earlier Lease and THE LESSOR has agreed to renew the Earlier Lease w.e.f. 1st April, 2016 as per detailed terms stipulated in this lesae Deed and annexures I to XII annexed hereto.

  
 2 

	I.	AND WHEREAS as and when THE LESSOR permits THE LESSEE to carry out the additional interior works in the Demised Premises, THE LESSEE hereby confirms that it shall carry out, implement and execute all additional interior
works/designs of the Demised Premises in compliance/adherence with the approval/ guidelines issued by THE LESSOR from time to time for carrying out such additional interior works in the Demised Premises and in accordance with the local laws/ bye
laws and NBC, as applicable, and a certificate from a reputed consultant to that effect shall be provided to THE LESSOR before starting the additional interior works. THE LESSEE further confirms that it has obtained all pre-requisite sanctions,
approvals, licenses, from all the Statutory/Competent Authorities, which may be necessary for carrying on its business operations in the Demised Premises. Upon assurances of THE LESSEE that it shall strictly abide by the covenants contained in this
Lease Deed, THE LESSOR has agreed to renew the Earlier Lease of the Demised Premises on the terms and conditions recorded herein. 

After the completion of the additional interior works, THE LESSEE shall provide to THE LESSOR and the building manager along with a certificate
that the additional interior works have been carried out by THE LESSEE as per the drawings approved by THE LESSOR and in accordance with the local laws/ bye laws and NBC, as applicable, certifying that all safety measures have been taken care of
including connection of fire panel with THE LESSOR’s fire panel. THE LESSOR shall have the option and right to inspect and verify the same. 
  

	J.	AND WHEREAS THE LESSEE confirms that it is executing this Lease Deed with full knowledge of all the laws, bye-laws, rules, regulations, notification etc. which are applicable to the said Plot, said Building and the
Demised Premises. 

  

	K.	On THE LESSEE’s behalf, the Lease Deed has been negotiated through its Signatory, Ramesh Babu. 

On THE LESSOR’s behalf, the Lease Deed has been negotiated through Mr. Amit Grover, Director-Offices. 

 

	L.	AND WHEREAS both the Parties have agreed to enter into this Lease Deed on the terms and conditions stipulated in this Lease Deed and Annexures I to XII annexed hereto: 

NOW THEREFORE IT IS HEREBY AGREED BY AND BETWEEN THE PARTIES HERETO AS FOLLOWS:- 

 

	1.	THE LESSOR hereby leases out to THE LESSEE and THE LESSEE takes on lease from the Lease Commencement Date as specified in Annexure-ll, office space admeasuring an aggregate super area of 6,564.216 sq. mtrs
(70,657 sq. ft.) as two phases on entire 10th Floor, Block 10 (as shown in Annexure III(b) in DLF IT Park @ Chennai, 1/124, Shivaji Gardens, Moonlight Stop, Nandambakkam, Mount Poonamallee
Road, Chennai - 600086 as more detailed in Annexure – II (hereinafter referred to as the “Demised Premises”), the area calculations for which are defined in Annexure – IV to this Lease Deed, and also
obtains the right to use only the common areas in the said Building/said Plot to be used by THE LESSEE together with other occupants in the said Building and the right to park cars in terms of this Lease Deed, in the car /two wheeler parking spaces
earmarked in the basement/ surface/ mechanical car /two wheeler parking spaces by THE LESSOR. 

  

	2.	The rent, car/ two wheeler parking space charges, maintenance and other charges as specified in this Lease Deed shall commence from the Date of Lease Commencement as specified in Annexure –II.

  
 3 

 Façade signage charges (if any) shall commence from the date on which such façade
signage has been taken up by THE LESSEE. 
 The detailed calculations of rent, car /two wheeler parking space charges & security
deposits paid/ payable by THE LESSEE during the period of this lease are given in Annexure – V to this Lease Deed. 
  

	3.	THE LESSEE can terminate the Lease Deed, without cause, at any time during lease tenure by giving prior notice in writing or payment of rent and other dues in lieu of the notice to THE LESSOR as per the notice period
mentioned in Annexure – II. 

 During the lease period, THE LESSEE may terminate the lease by giving three
(03) months’ prior notice in writing to THE LESSOR or by payment of proportionate equivalent rent and all other charges / sums stipulated under this Lease Deed in lieu of the notice period stipulated herein. Upon expiry of three
(03) months from the date of notice, as aforesaid, the lease shall stand terminated subject to THE LESSEE paying THE LESSOR till the date of vacation of the Demised Premises, the entire rent, car parking charges, maintenance charges, other
charges, taxes etc. as set out in this Lease Deed and handing over vacant, peaceful, physical possession of the Demised Premises. 
 THE
LESSEE agrees that if THE LESSOR is constrained by the acts of THE LESSEE which involve breaches / defaults of the Lease Deed or if THE LESSEE or its bankers have dishonored the cheques for 3 times in a year made in payment of various sums due under
the Lease Deed and THE LESSEE does not rectify the breach within 15 days of receipt of notice of such breach, then in that event THE LESSEE authorizes and grants a specific right to THE LESSOR to terminate this Lease Deed and claim outstanding
arrears of rent, maintenance charges, car /two wheeler parking charges, facade signage charges (if any), taxes and other charges payable under the Lease Deed. THE LESSEE hereby undertakes to pay the said sums without any demur or protest whatsoever
and will not raise any claims or disputes in this regard. 
 THE LESSOR’s right of terminating this Lease Deed shall be as contained in
this Clause and Clause 55 of the Annexure – I appended to the Lease Deed. 
  

	4.	THE LESSEE agrees, that in consideration of THE LESSOR granting the right to use car/ two wheeler parking spaces as mentioned in Annexure – II earmarked in the basement/surface/mechanical car /two wheeler parking
spaces (plan attached as Annexure – VII to this Lease Deed) to perform all its obligations under this Lease Deed pertaining to use of car/ two wheeler parking spaces. 

 

	5.	Simultaneous upon THE LESSEE paying all its dues under this Lease Deed and delivering peaceful, vacant and physical possession of the Demised Premises on or before the last day of the validity of the Lease Deed, THE
LESSOR shall refund all the refundable security deposits without any interest thereon under this Lease Deed deposited by THE LESSEE only after adjusting outstanding dues, if any. 

In case of delay by THE LESSOR in refunding the refundable security deposits, THE LESSOR shall pay interest to THE LESSEE at the rate of 15%
p.a. for the period of delay and THE LESSEE shall be entitled to retain possession of the Demised Premises without use and without payment of rent and other charges for such period of delay. 

  
 4 

	6.	The Lease Deed along with the Annexures annexed hereto constitutes the entire agreement between the Parties and revokes and supersedes all previous discussions written or oral, correspondence and/or any deeds between
the Parties. This Lease Deed shall not be changed or modified except by written amendment duly agreed and signed by the Parties. 

  

	7.	The original Lease Deed duly executed and registered in terms of this Lease Deed shall be retained by THE LESSOR and copy of the same certified to be a true copy will be provided to THE LESSEE by THE LESSOR. The
original Lease Deed shall be produced by THE LESSOR as and when required by THE LESSEE. 

  

	8.	Failure of either Party to enforce at any time or for any period of time the provisions hereof shall not be construed to be waiver of any provisions or of the right thereafter to enforce each and every provision hereof.

  

	9.	THE LESSOR shall not be held responsible for any consequences or liabilities under this Lease Deed if it is prevented in performing its obligations under the terms of this Lease Deed by reason of laws or regulations,
action by any local body or authority, local or otherwise, riots, insurrection, war, terrorist action, acts of God and unforeseen circumstances beyond its control. Subject to clause 10 and 55 of Annexure I of Lease Deed, the performance of THE
LESSOR’s obligation under this Lease Deed shall be subject to the regular payment of rent including other payments by THE LESSEE as stipulated in this Lease Deed. 

 

	10.	The disputes or differences between THE LESSEE and THE LESSOR pertaining to performance of the terms and conditions of this Lease Deed shall, so far as it is possible settled amicably through consultation between
authorized representatives of the parties. If after 15 days of consultation, the parties fail to reach an amicable settlement on the disputes or differences pertaining to the performance of this Lease Deed, such disputes or differences shall be
submitted to Arbitration for final adjudication. 

 Reference to arbitration shall be in accordance with the provisions of the
Arbitration and Conciliation Act 1996 and/or any statutory modifications thereto by an Arbitral Tribunal consisting of three arbitrators. Each Party shall appoint its nominee arbitrator and both the appointed nominee arbitrators shall appoint third
arbitrator, who shall be the Presiding Arbitrator. If the nominee arbitrators fail to reach a consensus on the Presiding Arbitrator, the parties shall approach the Court for appointment of a Presiding Arbitrator. 

To invoke the arbitration clause, THE LESSEE must have paid all the pending rentals, maintenance and other charges as per the Lease Deed.
However, in case of dispute of maintenance services which are not provided by THE LESSOR to THE LESSEE as per the Lease Deed, in such an event, the payment of maintenance charges for only such period will be withheld by THE LESSEE and THE LESSEE
will continue to pay all rentals, maintenance charges and other charges etc. as per Lease Deed. During the arbitration proceedings, both THE LESSEE and THE LESSOR shall continue to fulfill their obligations under the Lease Deed. 

The Civil Courts and High Court at Chennai, alone shall have jurisdiction for the purposes of this Lease Deed. 

  
 5 

	11.	That this Lease Deed and the rights and obligations of the Parties under or arising out of this Lease Deed be construed and enforced in accordance with the laws of India. 

The terms and conditions agreed between THE LESSOR and THE LESSEE containing interalia a) covenants and conditions to be observed and performed
by THE LESSEE, and b) covenants and conditions to be observed and performed by THE LESSOR, are as per Annexures I to XII of this Lease Deed. These Annexures I to XII shall form an integral part of this Lease Deed and shall be binding on THE LESSOR
and THE LESSEE. 
 THE LESSOR M/s DLF Assets Private Limited through its authorized signatories Mr. Ernest David & Mr. R.P
Punjani authorized to execute lease deeds etc. has executed this Lease Deed. This Lease Deed will be presented for registration before the registering authority and got registered by Mr. Ernest David, who has been authorized vide Board
Resolution dated 2nd November, 2015 of THE LESSOR to appear before the registering authority and present for registration, acknowledge and get registered the Lease Deed executed by
Mr. Ernest David and Mr. R.P Punjani on behalf of THE LESSOR. 
 IN WITNESS WHEREOF the Parties hereto have set their hands to these presents on
the day, month and year first and above mentioned. 
 THE LESSOR: 

SIGNED AND DELIVERED on behalf of the above named M/s DLF Assets Private Limited acting through Mr. Ernest David & Mr. R.P Punjani, its
authorized signatories: 
 In the presence of: 
  

					
		 	For and on behalf of	 	
	WITNESSES:	 	DLF Assets Private Ltd.	 	
			
	 1       
	 		 	
			
		 	( Ernest David) & (R.P Punjani )	 	
	 2       
	 	AUTHORIZED SIGNATORIES	 	

 THE LESSEE: 
 SIGNED AND
DELIVERED on behalf of the above named M/s WNS Global Services Private Ltd. acting through Mr. Ramesh Babu, its authorized signatory: 
 In the
presence of 
  

					
	WITNESSES	 		 	
			
		 	For and on behalf of	 	
	1	 	WNS Global Services Private Ltd	 	
			
	 2.      
	 	( Ramesh Babu)	 	
	 	AUTHORIZED SIGNATORY	 	

  
 6 

 ANNEXURES 
  

					
			
	 I
	 	 -
	  	 Detailed Terms and Conditions between
 THE
LESSOR and THE LESSEE

			
	 II
	 	 -
	  	Commercial Terms and Conditions
			
	 III (a)
	 	 -
	  	Description of the Plot
			
	 III (b)
	 	 -
	  	Floor Plan
			
	 IV
	 	 -
	  	Super area calculations
			
	 V(a) & (b)
	 	 -
	  	Statement of rent, Interest Free Refundable Security Deposit, Interest Free Refundable Maintenance Security Deposit and Car/ Two Wheeler parking space charges paid / payable by THE LESSEE to THE LESSOR during the lease
period.
			
	 VI
	 	 -
	  	Monthly Maintenance and service expenditure (Indicative)
			
	 VII
	 	 -
	  	Car/ Two Wheeler parking spaces earmarked for use by THE LESSEE
			
	 VIII
	 	 -
	  	 Tentative Building Specifications

			
	 IX
	 	 -
	  	THE LESSEE’s responsibility during additional interior work, additions/modifications/alterations of interior works and during the Lease Tenure and operations during the lease period
			
	 X (a)
	 	 -
	  	Charges for Power
			
	 X (b)
	 	 -
	  	Charges for Maintenance
			
	 XI
	 	 -
	  	Merger & Amalgamation Undertaking
			
	 XII
	 	 -
	  	Electronic Clearing System Activation Form

  
 7 

 ANNEXURE-I 

Terms and conditions forming an integral part of the Lease Deed dated
                     between M/s DLF Assets Private Ltd. and M/s WNS Global Services Private Ltd., while not derogating from the mutual promises set
out therein: 
 TERMS AND CONDITIONS 
  

	1.	THE LESSOR shall charge and THE LESSEE shall pay a bare shell rent of Rs. 44.85/- (Rupees Forty Four and Paise Eighty Five only) per sq. ft. per month from
1st April, 2016 to 31st March, 2017; Rs. 51.57/- (Rupees Fifty One and Paise Fifty Seven only) per sq. ft. per month from 1st April, 2017 to 31st March, 20 20’ and Rs. 59.30 (Rupees Fifty nine and Paise Thirty only) per sq. ft. per month from 31st march, 2020 to 31st March, 2021 as detailed in Annexure – II on the super area of the Demised Premises to be paid fully without
any and all deductions whatsoever save and except the deduction of tax at source, if applicable. The liability towards payment of Service Tax and other taxes as applicable on monthly rents shall be borne by THE LESSEE. 

 

	2.	THE LESSEE shall pay to THE LESSOR or its nominee(s)/permitted assign(s), by cheque / bank draft/wire transfer payable as detailed in Annexure II of this Lease Deed the rent and all other sums payable under this
Lease Deed. Payments to be done as per Annexure XII. In case the Rent Commencement Date is other than the first of the month, in such case THE LESSEE shall pay rent and other sum payable under the Lease Deed in advance for the portion of the month
i.e. from the Rent Commencement Date to last day of the month and also for the following month. Thereafter, the rent and all other sums payable under this Lease Deed shall be paid on the 1st day
of each calendar month (due date) but not later than the 7th day, in advance for the month in respect of which such sums are payable. 

 

	3.	The rent is exclusive of all the taxes. In addition to the rent payable for the Demised Premises as stipulated in this Lease Deed, THE LESSEE shall also be liable to bear and pay on its sole account the entire part of
any and all levies, duties, taxes on Demised Premises, land and building, charges, rates, cesses, fees, wealth-tax, penalties thereof etc. (excluding income tax) imposed/demanded by the Central or the State Government / any local body and/or other
authorities and all increases and/or fresh impositions thereof as applicable and attributable to the said Plot / said Building / Demised Premises on and from 1st April, 2011.

 THE LESSEE shall also be liable to fulfill any and all procedural requirements as may be prescribed by the Central or the
State Government/any local body/all other authorities in connection with the subject matter hereof. 

  
 8 

	4.	In the event, any such fresh imposition and/or increase as stated above in Clause 3 hereof is levied retrospectively, the liability of THE LESSEE shall relate only to the period on and from 1st April, 2011. The said amount shall be paid separately by THE LESSEE to THE LESSOR as indicated below in terms of this Lease Deed. All such fresh impositions and/or increases as above stated
shall be paid by THE LESSEE to THE LESSOR within fifteen (15) days of written demand by THE LESSOR to THE LESSEE, giving details thereof duly supported with copies of the relevant documents, if any, from the Central or State Government/local
body / any and all authorities, as the case may be. In the event any and all such levies, duties, taxes on property, charges, rates, cesses, fees, wealth-tax, penalties etc., referred to above and/or such fresh imposition and/or increase is payable
by THE LESSEE directly to the Central or State Government/local body/any and all authorities as the case may be, THE LESSEE shall pay the same directly immediately upon the same becoming due. Any default made by THE LESSEE in complying with the
terms of the clause under reference and clause 3, shall be entirely at the costs and consequences of THE LESSEE and THE LESSEE shall be liable for payment/s of penalties, outstanding dues arising therefrom. 

 

	5.	Power/ Electricity, Power back-up and Maintenance Charges: 

 THE LESSEE shall pay by due
date the bills for consumption of power/ electricity in the Demised Premises as recorded in the meters or as demanded by THE LESSOR or its nominee(s) or assign(s)/ appointed contractor(s)/ appointed agency(ies)/ third party service provider(s)
supported by all the relevant documents. The power/electricity for the Demised Premises during additional interior works/lease tenure shall be supplied from grid/utility companies. However, in case of non availability of power/ electricity from
grid/utility companies, THE LESSOR shall provide THE LESSEE with back up power from their diesel/gas based generators. 
 A separate meter
for recording power/ electricity consumption in the Demised Premises has been provided by THE LESSOR for the supply of power/ electricity from normal grid/utility companies subject to availability of such power/ electricity. 

A separate meter has been provided by THE LESSOR for recording consumption of power in the Demised Premises supplied through the back-up power.

 Maintenance Charges: At present various maintenance services, facilities and amenities within the said Plot / said Building/Demised
Premises and civic amenities in the said Complex where the Demised Premises are located are being maintained by THE LESSOR or its nominee(s)/ assign(s)/ appointed contractor(s)/ appointed agency(ies)/ third party service provider(s). Maintenance
services are as set out in Annexure – VI to this Lease Deed, charges of which are payable to THE LESSOR or its nominee(s) / assign(s) / appointed contractor(s)/ appointed agency(ies)/ third party service provider(s)by THE LESSEE as per
bills raised by THE LESSOR or its nominee(s)/assign(s) / appointed contractor(s)/ appointed agency(ies)/ third party service provider(s). 

The maintenance charges for office hours / 24*7 operations shall be calculated at 1.2 times the actual expenditure being incurred payable from
the Lease Commencement Date. The maintenance charges will be as per Annexure X (b). 
 Maintenance services on Public and National
Holidays can only be provided if THE LESSEE gets the requisite approval for their operations in Demised premises from the local administration/ competent authority(ies) and not otherwise. 

The maintenance charges shall be subject to deduction of Income Tax at source as applicable, from time to time. Additional charges towards
Service Tax (es) and other taxes as applicable on maintenance charges, shall also be payable by THE LESSEE. 

  
 9 

 On completion of the financial year, THE LESSOR or its nominee(s)/ assign(s) / appointed
contractor(s)/ appointed agency(ies)/ third party service provider(s) will provide THE LESSEE audited statement of expenditure towards maintenance charges incurred during the said financial year. Any under-recovery by THE LESSOR or its nominee(s) /
assign(s) / appointed contractor(s)/ appointed agency(ies)/ third party service provider(s) shall become payable by THE LESSEE to the LESSOR or its nominee(s) / assign(s) / appointed contractor(s)/ appointed agency(ies)/ third party service
provider(s) and any over-recovery by THE LESSOR or its nominee(s) / assign(s) / appointed contractor(s)/ appointed agency(ies)/ third party service provider(s) shall become refundable by LESSOR or its nominee(s) to THE LESSEE. 

 

	6.	THE LESSEE agrees that, in consideration of THE LESSOR granting lease and THE LESSEE in consideration of taking on lease the Demised Premises and due performance of all its obligations stipulated in this Lease Deed, THE
LESSEE shall always maintain with THE LESSOR during the entire term of this Lease Deed, an interest free refundable security deposit (“Interest Free Refundable Security Deposit”) for an amount as mentioned in Annexure –
II. 

  

	7.	THE LESSEE has already paid to THE LESSOR, an amount as mentioned in Annexure II, as the Interest Free Refundable Security Deposit. 

 

	8.	The entire amount paid by THE LESSEE as Interest Free Refundable Security Deposit during the lease period shall be kept by THE LESSOR which shall be refunded by THE LESSOR to THE LESSEE without any interest
simultaneously THE LESSEE surrendering peaceful, vacant and physical possession of the Demised Premises in bare shell condition on expiry or earlier termination of this Lease Deed, if any and subject to adjustment or deduction of arrears of rent,
charges and any other dues, if any, due and payable under this Lease Deed. 

  

	 	In case of delay by THE LESSOR in refunding the refundable security deposits, THE LESSOR shall pay interest to THE LESSEE at the rate of 15% p.a. for the period of delay and THE LESSEE shall be entitled to retain
possession of the Demised Premises without use and without payment of rent and other charges for such period of delay. 

  

	9.	THE LESSEE has already paid to THE LESSOR an amount as mentioned in Annexure – II as Interest Free Refundable Maintenance Security Deposit. The Interest Free Maintenance Security Deposit shall be refunded to
THE LESSEE simultaneous to THE LESSEE surrendering peaceful, vacant and physical possession of the Demised Premises in bare shell condition and after adjustment of any amount due from THE LESSEE on account of maintenance and other charges under this
Lease Deed and after making adjustments, deductions or reimbursement for any damages suffered by THE LESSOR on account of any default or breach of any obligation by THE LESSEE under this Lease Deed. 

In case of delay by THE LESSOR in refunding the refundable security deposits, THE LESSOR shall pay interest to THE LESSEE at the rate of 15%
p.a. for the period of delay and THE LESSEE shall be entitled to retain possession of the Demised Premises without use and without payment of rent and other charges for such period of delay. 

  
 10 

	10.	Subject to clause 3 of the Lease Deed, THE LESSEE may terminate the lease by giving three (3) months’ prior notice in writing to THE LESSOR or by payment of proportionate equivalent rent, car/ two wheeler
parking space charges, facade signage charges (if any), maintenance charges, taxes and all other charges / sums stipulated under this Lease Deed in lieu of the notice period stipulated herein. Upon the expiry of three (3) months from the date
of notice, as aforesaid, the lease shall stand terminated and THE LESSEE shall be liable to pay to THE LESSOR the entire rent, car/ two wheeler parking charges (if any), maintenance charges, other charges, taxes etc. as set out in this Lease Deed
for the period upto the date of vacation of the Demised Premises and handing over vacant, peaceful and physical possession of the Demised Premises. 

That upon the expiry of lease as mentioned in Annexure – II or upon earlier termination during the lease period as stipulated
above, this Lease Deed will expire and come to an end and THE LESSEE shall pay to THE LESSOR for the period of occupation of the Demised Premises till the date of vacation of the Demised Premises, the entire rent, car/ two wheeler parking space
charges, maintenance charges, other charges, taxes etc. as set out in this Lease Deed and till handing over vacant, peaceful and physical possession of the Demised Premises. If THE LESSEE fails to pay as aforesaid and hand over vacant, peaceful and
physical possession of the Demised Premises on the date of expiry of the last day of lease as contained in this paragraph or termination by THE LESSOR for breach of terms and conditions contained in the Lease Deed, THE LESSEE agrees to pay to THE
LESSOR use and occupation charges calculated @ Rs.3,16,896.64/- (Rupees Three Lakhs Sixteen Thousand Eight Hundred Ninety Six and Paise Sixty Four only) per day for use and occupation of the Demised Premises by THE LESSEE along with normal lease
rentals and in such an event THE LESSEE hereby authorizes THE LESSOR to withhold without any interest the refund of all the refundable security deposits lying with THE LESSOR. THE LESSEE confirms that the payment of such use and occupation charges
is fair and reasonable and undertakes not to call in question the same. THE LESSEE further agrees and authorizes THE LESSOR, in the event of such use and occupation of the Demised Premises exceeding a period of three (3) months beyond the
expiry or last day of earlier termination of the lease, to forfeit all the refundable security deposits lying with THE LESSOR and in addition to continue to be liable and pay use and occupation charges as given above in this para per day for the
number of days of such use and occupation beyond the expiry or earlier termination of the Lease Deed along with normal lease rentals till all payments due under the Lease Deed and in this clause are paid and THE LESSEE hands over peaceful, vacant
and physical possession of the Demised Premises to THE LESSOR. 
 The above shall be without prejudice to the rights and remedies available
to THE LESSOR under this Lease Deed and/ or under any law for the time being in force. 
  

	11.	THE LESSEE shall pay every month in advance, along with the rent, proportionate charges for the operation / maintenance / service charges (more specifically detailed in Annexure – VI) in respect of the
central air-conditioning, the cost of running, maintenance and servicing of the service / utility lifts, generators, the cost of cleaning the said Plot and said Building, maintenance of lawn/grounds/ cost of security services, electricity charges,
water charges and such other necessary/ancillary expenses of and incidental to the preservation and maintenance of the said Building / said Plot in which the Demised Premises is located and for the adequate provision of common services and
facilities at a charge which shall be 1.2 times the actual expenditure on a calculation based on pro rata basis corresponding to the super area of the Demised Premises. 

  
 11 

	12.	Subject to all local laws applicable, THE LESSOR shall, continue to provide space for signage at the atrium/ floor occupied by THE LESSEE, as approved by the architect free of any rental/ charges. THE LESSOR and THE
LESSEE shall agree the space for signage mutually in writing and THE LESSEE will continue to put signage on such location. All taxes including service tax, duties, rates, cesses, costs and charges relating to the signages payable to the authorities
concerned shall be borne and paid by THE LESSEE directly. 

 FAÇADE SIGNAGE 

THE LESSOR shall, through its architect has identified the location for THE LESSEE to put up its signage at THE LESSEE’s cost on the
external façade of the building as and when requested by THE LESSEE at an annual charge of Rs.5 Lakhs per signage for up to 3 (Three) signages payable in advance, subject to availability at the time of exercising this option. This above
façade signage charge is applicable for one façade signage (one block). The Façade signage space shall be mutually agreed between THE LESSOR and THE LESSEE in writing. The annual charges, as per Annexure II, will be
payable from the date on which THE LESSEE takes up Façade Signage. These charges are on yearly basis and no refund/ adjustment will be made, if any, lease expires earlier or lease is terminated before the completion of the year for which the
payment is made in advance. All taxes including service tax, duties, rates, cesses, costs and charges relating to the signage, payable to the authorities concerned shall be borne and paid by THE LESSEE directly. No signage of any kind either inside
or outside shall be allowed on the façade glass/ columns of the Demised Premises. 
 THE LESSOR reserves the Building Naming rights
inside and on the external façade of the said Building. The façade of the said Building shall also be used by other lessees for displaying their name and advertisements as per THE LESSOR’s approval. THE LESSEE shall, at no point
of time, raise any objection on any ground whatsoever in relation to the same. 
 Upon naming the said Building, THE LESSOR and other Lessees
of the said Building, shall use such building name in the business addresses for all purposes. THE LESSEE shall further raise no objection if THE LESSOR is made to display some other number or name on the said Building or in compliance of any court
order, government order, order of the local body etc. 
  

	13.	THE LESSEE shall not pay any deposit for bulk supply of electricity for power load of 0.006 KVA per sq.ft, as mentioned in Annexure –II. THE LESSEE agrees to reimburse to THE LESSOR or any authorized company
/nominee(s) / assign(s) of THE LESSOR, any costs, charges, deposits, etc. as may be demanded by THE LESSOR or any authorized company/nominee(s) / assign(s) of THE LESSOR or any other agency supplying power to the Demised Premises from time to time
during the term of the Lease Deed for arranging bulk electricity supply to the said Plot / said Building / Demised Premises and such deposits are to be payable on the basis of proportionate electricity load provided to the Demised Premises and
proportionate load attributable to THE LESSEE in respect of common areas of the said Plot / said Building. Any deposit to be refunded shall be refunded by THE LESSOR to THE LESSEE after adjusting amounts, if any, due and payable by THE LESSEE to THE
LESSOR on the expiry and / or earlier termination of this Lease Deed and on handing over the peaceful physical and vacant possession of the Demised Premises by THE LESSEE to THE LESSOR. 

  
 12 

	14.	The specifications and information as to the materials used in construction of the Demised Premises are set out in Annexure – VIII and any change in the specifications as set out in Annexure
– VIII, if desired by THE LESSEE, shall be implemented by THE LESSOR subject to feasibility and approvals at a rate which shall be 1.2 times the actual cost which shall be paid by THE LESSEE to THE LESSOR.

 The terms and conditions quoted above are for bare shell condition of the Demised Premises. 

In case the Demised Premises is not contiguous with the AHU due to which the ducting is required to pass through any other occupants’
premises on the same floor, then THE LESSEE will provide FCU/AHU for the Demised Premises and will also bring chilled water piping upto the Demised Premises. 

The necessary electrical connection for the FCU/AHU to be done by THE LESSEE and connected to THE LESSOR’s panel by doing the necessary
modifications. Also, the cost of chilled water piping/any electrical/plumbing/fire fighting modification shall be borne by THE LESSEE. 

HVAC plenum and lowside ducting needs to be done by THE LESSEE at its own cost. In case, all occupants of the floor have closed their false
ceiling and no duct is left for future clients, THE LESSEE occupying at later stage will have to install their own FCU and make the necessary connections to chilled water lines. THE LESSEE is required to share the cost of HVAC plenum/ ducting
provisioning by the other client’s for them. 
 Any dismantling of false ceiling of common areas for services provisioning by THE LESSEE
is to be made good (as per THE LESSOR’s specifications) by THE LESSEE at their own cost. 
 Sprinkler tap – off: THE LESSEE has to
take tap – off for down type Sprinklers with installation of valves under supervision of Building services. 
  

	15.	THE LESSOR has provided to THE LESSEE car/ two wheeler parking spaces in the basement/surface/mechanical car parking/two wheeler spaces as earmarked in Annexure – VII subject to payment of rent
and maintenance charges as per details mentioned in Annexure – II. In the event additional car /two wheeler parking spaces are required by THE LESSEE, THE LESSEE shall pay to THE LESSOR additional car /two wheeler
parking space charges as may be mutually agreed between the Parties hereto for every additional car parking/two wheeler parking space provided by THE LESSOR, if available, on the same terms and conditions applicable to rent, interest free refundable
security deposit, maintenance charges stipulated in this Lease Deed. 

  
 13 

 In the event of THE LESSOR providing electro mechanical system for car /two wheeler parking
spaces, the car/two wheeler parking spaces as earmarked in Annexure –VII may be re-allocated, provided, however, the number of car/two wheeler parking spaces shall remain the same in terms of this Lease Deed. 

The liability towards payment of Service Tax and other taxes as applicable shall be borne by THE LESSEE. 

 

	16.	The use of car /two wheeler parking spaces in the basement/surface/mechanical car/two wheeler parking spaces in the said Building shall be allowed to THE LESSEE on 24*7 hours basis. The above timings shall, however, be
subject to such restrictions as may be imposed by any statutory authority or for security reason. THE LESSEE shall use the parking spaces only for the purposes of parking its cars and for no other use. THE LESSEE undertakes that it shall not make
any constructions on the car /two wheeler parking spaces or create obstruction of any kind on it or around these spaces to hinder the movement of vehicles and persons. 

 

	17.	All costs, charges, expenses including penalties, payable on or in respect of execution and registration of this Lease Deed and on all other instruments and deeds to be executed pursuant to this Lease Deed, shall be
borne and paid solely by THE LESSEE who shall be responsible for compliance of the provisions of Indian Stamp Act, 1899. The stamp duty and registration charges shall be paid by THE LESSEE to THE LESSOR at the time of signing of the Lease Deed.

  

	18.	To be liable to pay interest @ 15% per annum on all amounts due and payable by THE LESSEE under this Lease Deed for the period of delay beyond the due date. This is in addition to the rights of THE LESSOR under
clause 10 and clause 55 of this Annexure-I given herein. 

  

	19.	To pay all amounts agreed to be paid in the Lease Deed, provided, however, that the liability of THE LESSEE for such payments shall be calculated proportionately to the super area of the Demised Premises and provided
further that such liability shall commence from the date such revision / imposition/increase is effective or any subsequent date. 

COVENANTS AND CONDITIONS TO BE OBSERVED AND PERFORMED BY THE LESSEE: 
  

	20.	THE LESSEE has planned and distributed its electrical loads in conformity with the electrical systems installed by THE LESSOR and got these works executed after due approval in writing from THE LESSOR. Provided further
that, should modifications, additions, alterations be required in the fire-fighting, electrical and other systems already installed, THE LESSOR shall, if feasible make such changes and be entitled to recover from THE LESSEE, all additional cost
incurred on this account at a charge which shall be 1.2 times of actual costs. 

  
 14 

	21.	To carry out day-to-day maintenance of the Demised Premises and the fixtures and fittings installed therein and the normal maintenance, minor repairs, including painting and distempering and polishing the interiors of
the Demised Premises at its own cost. 

  

	22.	That if THE LESSEE fails to make full payments of rent, car/ two wheeler parking charges, façade signage charges (if any), maintenance charges of any kind and actual consumption charges of water (if any), power
and electricity, air-conditioning (if any) or discharge any rates, taxes, duties imposed upon the Demised Premises and payable by THE LESSEE in terms of this lease within 7 days of its due date, THE LESSOR shall be entitled, in its sole discretion
and by giving prior notice of 7 days, 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. 

 

	23.	That the common areas, facilities and amenities within the said Building shall be available for use only subject to the timely payment of maintenance charges and THE LESSEE agrees, that in the event of failure to pay
maintenance charges on or before the due date, THE LESSEE shall not have the right to use or demand such common areas, facilities and amenities. THE LESSEE shall have no ownership rights, title, interest or claim whatsoever in the said Plot, common
areas, facilities and amenities within the said Building. 

  

	24.	Not to do or permit to be done any act or thing which may render void or voidable any insurance relating to or in respect of a part or the whole of the said Plot, the said Building or the Demised Premises, or cause any
increase in premium payable in respect thereof. 

  

	25.	To permit THE LESSOR and its agents at all hours to enter into the Demised Premises for the purpose of inspection or for any other purposes connected with or incidental to any maintenance issues such as fire, safety and
security of the Demised Premises and the said Building including any emergency and/or unforeseen circumstances or in case of any inspection by any Government agency or any inspection by THE LESSOR with the directions of Government Agency. However,
for periodic inspections, 2 days advance intimation will be given in writing to THE LESSEE, except in case of emergency (ies). 

To hand over the Demised Premises in bare shell condition 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, which ever is earlier. 
  

	26.	To use the Demised Premises as per zoning plan only and shall not carry on or permit to be carried on in the Demised Premises or in any part thereof any activities which shall be or are likely to be unlawful, obnoxious
or of nuisance, annoyance or disturbance to other tenants/occupants of the said Building wherein the Demised Premises are situated or store any goods of hazardous or combustible nature 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 for common use. 

  
 15 

	27.	THE LESSEE has got the unit approvals for the Demised Premises and THE LESSEE undertakes to keep the SEZ unit approval valid for the entire lease term. 

THE LESSEE shall arrange to get their unit approvals for the Demised Premises terminated and complete all formalities with regards to such
termination at its cost and expenses prior to the expiry of the Lease term. 
 In case of THE LESSEE’s failure to get the unit approvals
terminated within the aforesaid period, it will be assumed that the peaceful, vacant and physical possession of the Demised Premises have not been handed over by THE LESSEE to THE LESSOR on the expiry of the lease term and THE LESSOR shall be
entitled to claim damages, payments, dues in accordance with the terms of the Lease Deed. 
  

	28.	The Demised Premises shall be used by THE LESSEE only and THE LESSEE shall not assign, transfer, mortgage or grant leave & license or transfer or part with or share possession in any manner whatsoever, of any
portion of the Demised Premises. 

 In the event, THE LESSEE merges (except internal merger among group companies) /
amalgamates / consolidates and transfer its assets with/to any entity on account of any merger/amalgamation/consolidation, then a fresh lease deed shall be executed between THE LESSOR and the new entity/ transferee, subject to the new entity/
transferee obtaining prior SEZ approval. The new entity shall execute an undertaking as per the draft attached as per the Annexure XI. In case of any outstanding dues payable by THE LESSEE to THE LESSOR as per Lease Deed, such
outstanding amounts should be included in the petition to the appropriate court seeking permission for such merger/amalgamation/consolidation. THE LESSEE shall ensure that before approval of the scheme of merger/ amalgamation by the court having
jurisdiction, the new entity executes an undertaking as per the format attached as the Annexure XI. Pending approval of any merger/ amalgamation/ consolidation, THE LESSEE will continue to make all payments payable as per the Lease
Deed 
 All costs, charges, expenses including penalties, payable on or in respect of execution and registration of the fresh lease deed and
on all other instruments and deeds to be executed pursuant to the fresh lease deed, shall be borne and paid solely by new entity/transferee who shall be responsible for compliance of the provisions of Indian Stamp Act, 1899. 

However, a fresh lease deed will not be executed by THE LESSOR till all dues are cleared and related documents are given to THE LESSOR. 

The aforesaid will be subject to SEZ act and rules but within the above procedure. 

 

	29.	Subject to clause 42, THE LESSEE shall not make any structural changes, additions or alterations in the Demised Premises without prior consent of THE LESSOR in writing. 

  
 16 

	30.	THE LESSEE is satisfied that the construction work as also various installations like electrification work, sanitary fittings, water, sewerage connections, fire fighting equipment and detection systems etc. are in good
working condition and any issues, if any with respect thereto, have been resolved and rectified by THE LESSOR and that it shall not require THE LESSOR to perform any construction work, installations, etc. in the Demised Premises (except structural
repairs if any) and there shall be no obligation whatsoever on the part of THE LESSOR to repair, renovate, improvise or to do anything concerning the Demised Premises, the said Building and the said Plot in any manner whatsoever. 

 

	31.	THE LESSOR has provided the fire fighting and fire detection system in accordance with the Amendment no.3 to the National Building Code of 1983 (SP7):1983 Part IV on each floor, common areas and basements of the said
Building. 

 When THE LESSEE carries any additional interior works/modifications/alterations during the lease period, THE
LESSEE agrees that it shall carry out such work(s), without altering/ tampering with the fire fighting systems as installed therein. However, any modifications / additions / alterations to the existing fire fighting system shall be made by THE
LESSEE with the prior written approval of THE LESSOR and by providing alternative and standby fire fighting system in the said Building. 

THE LESSEE shall not, whether in the course of its additional interior or as anything ancillary thereto or at any time for any purpose
whatsoever, execute or permit to be executed any works involving cutting/ chopping/ digging/ hacking/ dismantling in any manner or form/ destroying in any manner or form of the floors or walls of the Demised Premises without prior written permission
of THE LESSOR. 
 Any lapse/violation/negligence on the part of THE LESSEE or its contractors / agents during any such additional interior
works or additions/modifications/alterations resulting in any kind of hazard or fire in the Demised Premises/ the said Building, loss of life/ property including third party, damage to the Demised Premises / said Building structure etc. and all
financial and legal consequences arising therefrom shall be the sole responsibility of THE LESSEE and THE LESSEE shall not impose any legal and financial liability on THE LESSOR. 

THE LESSEE’s responsibility during additional interior work, additions/modifications/alterations of interior works (referred hereinafter
as interior works) and during the lease tenure and during operations is more detailed in ANNEXURE IX to this Lease Deed. 
  

	33.	THE LESSEE hereby represents to THE LESSOR that it is the owner of and has full right, title and interest in and to all trade names, trademarks, service marks, brand name(s), logos, symbols and other proprietary marks
etc. (collectively ‘IPR’) and that any IPR if used by it in Demised Premises and in the said Building/ said Complex would not infringe the IPR of any third party. THE LESSEE further covenants that it has not received any notice of any
claim against it involving any conflict or claim of conflicts. 

 THE LESSEE covenants to THE LESSOR and undertakes to hold THE
LESSOR harmless from any action brought about by any third party for any IPR infringement by THE LESSEE. THE LESSEE further undertakes that it shall defend any and all such acts, suits, proceedings, claims, judgments etc. against THE LESSOR and any
fees, costs, expenses of any kind related or incidental to any of the foregoing (including but not limited to) any fee (whether advocates, accountants or other professionals) costs and expenses of any kind incurred by THE LESSOR in preparing for,
defending or taking any action with respect to the foregoing shall be borne by THE LESSEE, which THE LESSEE agrees to pay within fifteen (15) days of demand by THE LESSOR. 

  
 17 

	34.	That THE LESSEE hereby agrees to comply with all the Laws, Rules, Regulations as may be applicable to the Demised Premises and as applicable to THE LESSEE’s operations, including but not limited to the provisions
of Environment (Protection) Act, 1986, Water (Prevention and Control of Pollution) Act, 1974, Air (Prevention and Control of Pollution) Act, 1981, Municipal Solid Wastes (Management and Handling) Rules, 2000, Hazardous Wastes (Management and
Handling) Rules, 1989 and Batteries (Management and Handling) Rules, 2001, Sales Tax, Service Tax and other applicable taxes and the Rules, Notifications etc. and their amendments made from time to time, and ascertain, in particular, compliance with
the Central and State regulations concerning safe handling, storage, treatment and disposal of the wastes, and THE LESSEE shall always remain solely responsible for the consequences of non-compliance of the aforesaid Acts/ Rules. THE LESSOR will
endeavour to give necessary assistance and all support to THE LESSEE for the compliance of these laws. However the laws applicable to THE LESSOR for the provision of the services in the building shall be complied by THE LESSOR. 

 

	35.	That THE LESSEE further agrees and as applicable to THE LESSEE operations, to install and operate and keep at all times in operational condition, various equipments, machinery etc. at its own cost and expenses in
conformity with the provisions of Environment (Protection) Act, 1986, Water (Prevention and Control of Pollution) Act, 1974, Air (Prevention and Control of Pollution) Act, 1981, , Municipal Solid Wastes (Management and Handling) Rules, 2000,
Hazardous Wastes (Management and Handling) Rules, 1989 and Batteries (Management and Handling) Rules, 2001 etc in the Demised Premises and it shall always remain solely responsible to obtain and always keep valid and make available necessary
certificates from the Pollution Control Board and/or other appropriate authorities in this regard. THE LESSOR will endeavour to give necessary assistance and all support to THE LESSEE for the compliance of these laws. However the laws applicable to
THE LESSOR for the provision of the services in the building shall be complied with by THE LESSOR. 

 COVENANTS AND CONDITIONS TO BE
OBSERVED AND PERFORMED BY THE LESSOR: 
  

	36.	During the term of the Lease Deed, THE LESSOR shall at its own cost, continue to provide proper air conditioning and shall use its best efforts to maintain the same in good order and shall operate and run the same to
ensure air-conditioning facilities to the Demised Premises throughout the year and shall be entitled to recover from THE LESSEE, charges on the basis as are stipulated in this Lease Deed. Provided, however, that should THE LESSEE require any
changes, additions, alterations, in the system, due to its interior layouts, THE LESSOR may, if possible, make such changes and be entitled to recover from THE LESSEE, all additional costs incurred on this account at a rate which shall bel.2 times
of the actual costs incurred. 

  
 18 

	37.	Except in the event of a mechanical defect and / or electrical failure, THE LESSOR shall provide air-conditioning facilities to the Demised Premises during the office hours for 24*7 operations except on Public and
National Holidays. These timings shall, however, be subject to such restrictions as may be imposed by any competent authority/ies in this behalf. Provided, however, that on receiving twenty four (24) hours’ notice, in writing, should THE
LESSEE so desire, THE LESSOR, if possible and permissible, may at the exclusive cost of THE LESSEE, provide air-conditioning facilities on Public and National Holidays at a rate as mentioned in Annexure X(b) of this Lease Deed. 

 

	38.	Except to the extent of a mechanical defect and /or electrical failure, THE LESSOR shall maintain the lifts in the said Building serving the Demised Premises and operate and run the same during the office hours for 24*7
operation as specified above, on all week days except on Public and National Holidays. These timings shall, however, be subject to such restrictions as may be imposed by any competent authority/ies in this behalf. One of the lifts in the said
Building shall, however, operate even on Public and National Holidays. 

  

	39.	To carry out at its own cost, all major and structural repairs to the Demised Premises and also to the said Building. 

  

	40.	To supply and maintain regular supply of power/ electricity and water to the Demised Premises. 

  

	41.	To keep the Demised Premises in watertight condition. 

  

	42.	To permit to carry out at the cost of THE LESSEE, but without in any way damaging the main structure of the Demised Premises or the said Building, erection of internal partitions and other internal alterations and
additions which are not visible from outside, as may be necessary for the business of THE LESSEE provided THE LESSEE shall give prior written intimation of thirty (30) days to THE LESSOR in writing and with prior written approval of THE
LESSOR’s architect, THE LESSEE shall commence such alteration(s) or addition(s), provided, further that if any such additions or alterations, require the prior approval or permission of any Municipality or any other local body or authority,
local or otherwise, or are governed by any rules or regulations. THE LESSEE shall not carry out such additions or alterations or erections without obtaining the prior permission or approval aforesaid and complying with such rules and regulations of
such Municipal or local body or Government Authority. Provided further, that THE LESSEE shall upon vacating the Demised Premises remove such fixtures and fittings and restore the Demised Premises to THE LESSOR in its original condition, excepting
reasonable wear and tear. 

  

	43.	To allow during the term of the Lease Deed, peaceful enjoyment of the Demised Premises, subject to THE LESSEE performing all its obligations under this Lease Deed. 

COVENANTS AND CONDITIONS TO BE OBSERVED AND PERFORMED BY THE PARTIES: 
  

	44.	The super area calculations are as provided in Annexure – IV hereto. All payments by THE LESSEE towards rent, interest free security deposit, interest free maintenance security deposit,
maintenance and other charges etc. shall be payable by THE LESSEE in terms of the super area. 

  
 19 

	45.	In the event any local body / authority takes over the maintenance of such services and facilities / amenities and the payment for such services and facilities / amenities of said Complex (more particularly set out in
Annexure – VI) to the local body / authority is to be made by THE LESSOR, then THE LESSEE agrees to reimburse all such costs and charges as may be levied in respect of the Demised Premises to THE LESSOR as may be
demanded by THE LESSOR duly supported by relevant documents. 

  

	46.	THE LESSOR has provided electrical wiring only up to the main distribution board on each floor in the said Building and shall not provide any electric wiring, fixtures and fans etc., inside the office spaces which shall
be installed by THE LESSEE at its own cost. Similarly air conditioning is provided by THE LESSOR up to air handling unit on each floor of the said Building. The internal distribution system of air conditioning in the Demised Premises shall be the
sole responsibility of THE LESSEE. 

  

	47.	The fire fighting and fire detection system which is provided by THE LESSOR in accordance with Amendment no.3 to the National Building Code of 1983 (SP7):1983 Part IV is limited to installation of sprinklers and fire
detection system in the basement(s) and common areas of the said Building such as lobbies, staircases corridors, etc. and service shaft for fire fighting and sprinkler services on each floor. 

If, however, due to any subsequent legislation, Government orders, directives or guidelines or due to any change in the National Building Code,
additional fire safety measures are undertaken, then THE LESSEE agrees to pay on demand additional expenditure incurred thereon for installing additional fire safety measures as determined by THE LESSOR and duly supported by relevant documents which
shall be final and binding on THE LESSEE. THE LESSEE agrees that, in case THE LESSEE so desires, it shall at its own cost and responsibility install fire fighting equipment and systems within the Demised Premises which shall be in compliance with
the fire fighting regulations and safety systems as prevalent and approved by the Competent Authorities. 
 However, it is made clear that
any lapse on the part of THE LESSEE in installing safe and adequate fire fighting systems within the Demised Premises or any fire, electrical or otherwise, or any kind of hazard originating from the Demised Premises shall not impose any legal and
financial liability on THE LESSOR and THE LESSEE agrees to keep THE LESSOR indemnified and harmless in this regard. Similarly THE LESSEE shall ensure that the internal air-conditioning electrical systems and any other work done internally within the
Demised Premises shall not pose any fire, electrical, structural, pollution and health hazards. THE LESSEE shall be solely responsible for all legal and financial consequences arising therefrom and THE LESSEE agrees to keep THE LESSOR indemnified
and harmless in this regard. 
  

	48.	If THE LESSEE requires any extra fire fighting systems to be installed in the Demised Premises, including but not limited to extending fire fighting system in the Demised Premises, then the same shall be installed by
THE LESSOR at a cost which shall be 1.2 times the actual costs, to be payable by THE LESSEE to THE LESSOR. 

  
 20 

	49.	In the event THE LESSOR suggests additional fire safety measures, though not statutorily required, for installation by THE LESSEE within the Demised Premises and THE LESSEE fails to implement THE LESSOR’s
suggestion either fully or in part, then THE LESSEE alone shall be liable and responsible for all consequences arising from such inaction/decision on its part. 

  

	50.	It is abundantly made clear to THE LESSEE that the cost incurred by THE LESSEE, during the lease period, to install fire fighting and fire detection systems within the Demised Premises, shall be to its account solely
and shall not be borne or refunded by THE LESSOR or deducted from the rent payable to THE LESSOR under any circumstances whatsoever. 

  

	51.	During the term of the Lease Deed, THE LESSOR shall obtain fire and special peril insurance coverage of the entire said Building, including third-party liability and shall make timely payment of all insurance premia.

  

	52.	During the term of the Lease Deed, THE LESSEE shall obtain comprehensive insurance coverage, including third-party coverage, of all interior works while carrying out interiors or thereafter from the time of takeover of
possession for interior fit-outs and lease term(s), renovations, furniture, equipment and/or other items kept or stored in the Demised Premises, and shall make timely payments of all insurance premia. THE LESSOR shall in no way be responsible for
any loss occasioned by THE LESSEE on account of not obtaining comprehensive insurance coverage of all renovations, furniture, equipment and/or other items kept or stored in the Demised Premises. 

 

	53.	However, it is made clear that in the event of an accident or fire or damages for any other reason resulting in any loss, financial or otherwise to either party or to third parties, both Parties agree to take up the
matter with their respective Insurance Companies through the insurance cover including third party liability. 

 THE LESSEE
shall allow third party fire /safety inspectors being appointed by THE LESSOR /its nominees for fire /safety audit. 
 THE LESSEE shall take
all steps including appointing a safety representative/ manager to ensure that all safety related activities within the Demised Premises are performed. THE LESSEE shall have the audit of their entire electrical systems, fire fighting systems and
HVAC systems done on a half-yearly basis by a reputed consultant and submit a certificate to THE LESSOR’s building manager certifying that all THE LESSEE’s installations are in good and safe working condition and do not have any
possibility of short circuit and/or becoming a fire source. 
  

	54.	That if at any time during the occupation by THE LESSEE of the Demised Premises, the lifts or the air conditioning system fails to function, THE LESSEE will be entitled to call upon and require THE LESSOR to remedy and
rectify the system within a reasonable time. Provided, however, that THE LESSOR will ensure that there will not be total absence of lifts and air-conditioning for more than one day at a time. 

  
 21 

	55.	THE LESSOR may forthwith re-enter upon the Demised Premises or upon any part thereof or may terminate this lease and this Lease Deed shall thereupon stand determined but without prejudice to any claim which THE LESSOR
may have against THE LESSEE in respect of any breach, non – performance or non – observance of the covenants or conditions herein contained in the following events: 

 

	 	a)	If any amount payable by THE LESSEE to THE LESSOR by way of rent and other sums/ charges payable which are undisputed under this Lease Deed shall be in arrears and unpaid for a period of thirty (30) days after the same
has become due and THE LESSEE fails to clear the payments within 10 Days of written notice therefor from THE LESSOR. 

  

	 	b)	If THE LESSEE shall omit to perform, observe any covenant or condition to be observed and performed on the part of THE LESSEE and shall continue to do so or fails to remedy the breach within thirty (30) days of such
breach or THE LESSEE is adjudicated as insolvent. 

 It is further agreed by THE LESSEE that THE LESSOR shall be entitled to
adjust all and any sums due to THE LESSOR including rent, car/two wheeler parking space charges, façade signage charges (if any) and maintenance charges of lease and to the extent of shortfall in notice period, taxes, interests, damages etc.,
against all security deposits made by THE LESSEE with THE LESSOR under this Lease Deed. In the event the aggregate of arrears of rent, any other sum due and payable and the above mentioned costs exceed the amounts deposited as security deposits with
THE LESSOR, then THE LESSEE shall pay to THE LESSOR such amounts due to THE LESSOR, over and above such sums deposited by THE LESSEE with THE LESSOR. 
  

	56.	That if the Demised Premises or any part thereof be destroyed or damaged by fire (not caused by any willful act or negligence of THE LESSEE), earthquake, tempest, flood, lightning, violence of any army or mob or enemies
of the country or by any other irresistible force so as to render the Demised Premises unfit for the purpose for which the same was leased, THE LESSEE may, temporarily vacate the whole or such portion of the Demised Premises as may be required to
enable THE LESSOR to carry out repairs in order to restore the Demised Premises as it was then existing at the time of THE LESSEE entering into the Demised Premises (reasonable wear and tear excepted) and in such event, the payment of rent, other
charges and maintenance/service charges till the affected area of the Demised Premises or portion thereof are repaired and restored to the state as specified above shall abate. 

 

	57.	THE LESSEE undertakes that during the term of this Lease Deed, it shall maintain its corporate existence and shall not dissolve or liquidate or enter into an agreement with any party, including but not restricted to a
compromise with its creditor(s) such that its corporate existence is or may be questioned, in which event, this Lease Deed shall automatically terminate. 

In the event THE LESSEE has been adjudged insolvent or in the case of Company/ Firm having been liquidated, the lease shall stand automatically
terminated and THE LESSOR shall enter into the Demised Premises to assume the possession which shall be without prejudice to the rights of THE LESSOR to claim/ recover its dues along with interest/ damages till the date of termination. 

  
 22 

	58.	THE LESSOR shall have the right to install any displays of multimedia/visual format in the common areas like lift lobbies, atrium(s), lifts etc. of the said Building. 

 

	59.	THE LESSEE agrees and consents that it would have no objection to THE LESSOR mortgaging or creating a third party charge on the Demised Premises subject to, however, that the creation of such mortgage / charge of the
Demised Premises shall not affect the rights of THE LESSEE to use the Demised Premises during the lease period. 

  

	60.	THE LESSEE agrees and consents that it would have no objection for transfer either by way of sale, mortgage or in any other manner howsoever, of the Demised Premises and/or the said Building, provided, the rights of THE
LESSEE in the Demised Premises remain unaffected vis-à-vis the transferee. 

  

	61.	THE LESSEE agrees and commits that THE LESSOR shall have sole and absolute right to make additions, raise storeys or put up additional structures as may be permitted by competent authorities and such additional
structures and storeys shall be the sole property of THE LESSOR, which THE LESSOR will be entitled to dispose of in any way it chooses without any interference on the part of THE LESSEE by itself or with one or more of the rest of occupants of the
said Building. Further all the terraces of the said Building including the parapet walls of the terraces shall always be the property of THE LESSOR and THE LESSOR shall be entitled to use the same for any purpose as it may deem fit.

  

	62.	That if during the term of the Lease Deed, the Demised Premises or any part thereof be lawfully acquired or requisitioned by the Government or any local body or authority, local or otherwise, THE LESSOR alone shall be
entitled to any and all compensation payable and THE LESSEE shall not raise any claim in respect thereof on THE LESSOR. 

  

	63.	That if any provision of this Lease Deed shall be determined to be void or unenforceable under applicable law, such provisions shall be deemed amended or deleted to the extent necessary to conform to applicable law and
the remaining provisions of this Lease Deed shall remain valid and enforceable. 

  

	64.	That THE LESSEE and THE LESSOR shall abide by the laws of the land and any and all local enactments in respect of this Lease Deed of the Demised Premises. THE LESSOR may, with intimation in writing to THE LESSEE,
inspect the Demised Premises from time to time at frequencies considered necessary by THE LESSOR and should there be any violations, contraventions as are observed by THE LESSOR, THE LESSEE will ensure compliance with the requirements as per
applicable laws. 

  

	65.	Any penalties levied by the Government, State, Municipal Body etc. as a result of non-compliance by either Party will be borne by the defaulting party in respect of the Demised Premises. 

 

	66.	 That the said Building wherein the Demised Premises are located is a strictly no-smoking area. THE LESSEE shall
ensure that no act in contravention of the provisions of 

  
 23 

	 	
‘Prohibition of Smoking in Public Places Rules, 2008 is committed in the Demised Premises or in the common spaces of the said Building wherein the Demised Premises are located. In case any
offence under the ‘Prohibition of Smoking in Public Places Rules, 2008 is committed in the Demised Premises of the said Building wherein the Demised Premises are located, by any employee/visitor of THE LESSEE, THE LESSEE shall be responsible
for the same and any fine payable in respect thereof shall be paid by THE LESSEE and THE LESSOR shall not be responsible for the same. 

  

	67.	That any notice, letter or communication to be made, served or communicated unto THE LESSOR under these presents shall be in writing and shall be deemed to be duly made, served or communicated only if the notice, letter
or communication is addressed to THE LESSOR at the address given below or such other addresses as may be intimated in writing by THE LESSOR in this behalf and sent by registered post/fax/email (given hereunder)/ speed post or delivered personally
with acknowledgement. Similarly any notice, letter or communication to THE LESSEE by THE LESSOR or other authorized representatives of THE LESSOR shall be deemed to be made, served or communicated only if the same in writing is addressed to the
below mentioned address of THE LESSEE or to the address of the Demised Premises when THE LESSEE has shifted to the same, by registered post/fax/email (given hereunder)/ speed post or delivered personally with acknowledgement. The communication is to
be addressed to the following: 

  

			
	For THE LESSOR	  	For THE LESSEE
	Director – Offices	  	Senior Vice President
	10th Floor, DLF Gateway Tower,	  	Gate 4, Godrej & Boyce Complex,
	‘R’ Block, DLF City Ph – III,	  	Pirojshanagar, Vikhroli (W)
	Gurgaon –122002	  	Mumbai 400 079
	Phone 91-124 - 4057410	  	Phone: 022-4095 2100
	Fax 91-124 - 4057414	  	Fax: 022-2518 8308
	E Mail: lease-chennai@dlf.in	  	

 This Annexure forms an integral part of the Lease Deed. 

 

			
	For and on behalf of	  	For and on behalf of
	DLF Assets Private Ltd.	  	WNS Global Services Private Ltd.
		
	(Ernest David) & (R.P Punjani)	  	(Ramesh Babu)
	AUTHORIZED SIGNATORIES	  	AUTHORIZED SIGNATORY

  
 24 

 ANNEXURE II 

Commercial Terms and Conditions forming integral part of Lease Deed dated
                     between M/s DLF Assets Pvt. Ltd. and M/s WNS Global Services Private Ltd. 

 

															
	S.N	 	Item	  	Description	  	 	  	 	  	 	  	 	  	 Cross
 Reference

(For
 convenience

only)
 Reference

Clause

				
	a)	 	Demised Premises	  	 Location- 1/124, Shivaji Gardens,

Moonlight Stop, Nandambakkam, Mount Poonamallee Road, Manapakkam, Chennai- 600 089
	  	1 of Lease Deed
	 	 	 	  	 Phase
	  	 Area

(sq.ft.)
	  	 Area

(sq.mtrs.)
	  	 Block
	  	 Floor
	  	 
		 		  	Phase I	  	50,335	  	4,676.243	  	10	  	Part of 10th	  	
		 		  	Phase II	  	20,322	  	1,887.973	  	10	  	Part of 10th	  	
		 		  	Total Area	  	70,657	  	6,564.216	  	10	  	 Entire 10th

Floor
	  	
				
		 		  	(Hereinafter collectively referred to as “Demised Premises”).	  	
				
		 		  	Phase I: THE LESSEE has taken an area of approx 50,335 sq. ft. (4,676.243 sq.mtrs) on part of 10th Floor in Block 10.	  	
				
		 		  	Phase II: THE LESSEE has taken an area of approx. 20,322 sq. ft. (1,887.973 sq.mtrs) on part of 10th Floor in Block 10.	  	
				
		 		  	The Efficiency of the Area shall be approximately 80% (+/- 2%) for an entire floor which shall be the office area, as per the area definitions given in Annexure IV(a) and (b) to this Lease Deed. The Parties shall
mutually confirm the area and adjust the rent in case of any deviations. The final area shall be subject to joint measurement by both parties.	  	

  
 25 

															
	b)	 	Aggregate super area under this Lease Deed	  	 6,564.216 Sq.Mtr.
 (Six Thousand
Five Hundred Sixty Four Decimal Point Two One Six Sq. Mtrs.)
 70,657 Sq.ft.
	  	1 of Lease Deed
				
		 		  	(Seventy Thousand Six Hundred and Fifty Seven Square ft.)	  	
				
	c)	 	Number of car/two wheeler parks in basement/surface/ mechanical car parking spaces on payment of Rs. 500/- per car park per month.	  	70 (Seventy)	  	4 of Lease Deed & 15 of Annexure – I
				
		 	Additional Car /two wheeler Parking Spaces at the rate of Rs. 2,000/- per car park per month, subject to availability, and the charges for the same shall commence from the date car parks are taken by THE LESSEE.	  	NIL	  	
								
		 	The Service Tax as applicable shall be additional.	  		  		  		  		  		  	
				
		 	TOTAL	  	70 (Seventy)	  	
								
	d)	 	Date of Lease Commencement	  		  		  		  		  		  	1 of Lease Deed
					
	 	 	 	  	 Phase
	  	 Lease Commencement Date
	  	 
		 		  	Phase I	  	1st April, 2016	  	
					
		 		  	Phase II	  	1st April, 2016	  	

  
 26 

									
	e)	 	Date of Rent Commencement	  	Bare Shell Payment of Rent by THE LESSEE shall commence as per the following schedule:	  	2 of Lease Deed
					
	 	 	 	  	 Phase
	 	 Rent Commencement Date
	  	 
		 		  	Phase I	 	1st April, 2016	  	
		 		  	Phase II	 	1st April, 2016	  	
				
		 		  	For Car /Two Wheeler Parking Rentals from the Lease Commencement Date.	  	
				
		 		  	For Façade Signage Charges (if any) from the date on which such façade signage has been taken up by THE LESSEE.	  	
				
	f)	 	Monthly Bare Shell Rent Payable on super area	  	Rs. 44.85/-(Rupees Forty Four and Paise Eighty Five only) Per Sq.Ft. Per Month amounting to Rs.22,57,524.75/- (Rupees Twenty Two lacs Fifty Seven Thousand Five Hundred Twenty Four and paise Seventy Five only) for Phase I
and Rs. 9,11,441.70/- (Rupees Nine Lacs Eleven Thousand Four Hundred Forty One and paise Seventy only) for Phase II; aggregating to Rs. 31,68,966.45/- (Rupees Thirty One Lacs Sixty Eight Thousand Nine Hundred Sixty Six and Paise Forty Five
only)	  	1 of Annexure I of Lease Deed
				
		 		  	The Service Tax and other taxes on monthly rents as applicable shall be additional and shall be borne by THE LESSEE.	  	

  
 27 

									
	g)	 	Car parking space charges	  	70 (Seventy) Car parking spaces have been provided in basement/ surface/ mechanical car parking spaces on payment of Rs. 500/- per car park per month.	  	15 of Annex – I
				
		 		  	The car parking spaces allotted to THE LESSEE shall be as contiguous as possible, subject to availability.	  	
				
		 		  	Any additional car parks required by THE LESSEE will be given, subject to availability, @ Rs.2,000/- per car park per month and the charges for the same shall commence from the date car parks are taken by THE
LESSEE.	  	
				
		 		  	The Service Tax and any other taxes on car parking charges as applicable shall be additional and shall be borne by THE LESSEE.	  	
				
		 		  	Upon escalation in rent, there shall be no escalation in the car parking charges.	  	
				
		 		  	No separate two wheeler parking will be provided but will be part of the car parking spaces allotted to THE LESSEE	  	
					
	h)	 	Bulk Electricity Supply Deposit 0.006 KVA per sq.ft. of Power Load.	  	NIL	 		  	
		 	  	  
 Any additional power load required by THE LESSEE shall be
provided not exceeding 3% of 0.006 KVA per sq.ft. of leased area, subject to availability and on payment of a non-refundable charge of Rs. 10,000/- per KVA of power load in addition to the refundable deposit of Rs. 4,000/- per KVA of power load.
However, any additional infrastructure cost required for supply of power from the source of power to the electrical tap off box on the floor shall be borne by THE LESSEE at Cost + 20% basis. Any additional power load requirement beyond 3% of 0.006
KVA per sq.ft. of leased area shall be discussed separately between the Parties.
	  	13 of Annex-I

  
 28 

													
	i)	 	Interest Free Refundable Security Deposit (IFRSD) always equivalent to initial rent of three (03) months at any given point of lease.	  	 Phase
	  	 	Amount (Rs.)	  	  		  	6, 7 & 8 of Annexure I of Lease Deed
	 	  	Phase I	  	 	58,89,195	  	  	  
	 	  	Phase II	  	 	23,77,674	  	  	  
	 	  	Total Amount (Rs.)	  	 	82,66,869	  	  	  
						
		 	(Already paid under Earlier Lease)	  		  				  		  	
						
	j)      	 	Interest Free Refundable Maintenance Security Deposit (IFRMSD) for a period of 3 months (Already paid under Earlier Lease).	  	 Phase
	  	 	Amount (Rs.)	  	  		  	9 of Annexure I of Lease Deed
	 	  	  
 Phase I
	  	  
  
	  
 34,73,116
	  
   
	  	  
	 	  	Phase II	  	 	17,07,048	  	  	  
	 	  	  
 Total Amount (Rs.)
	  	  
  
	  
 51,80,164
	  
   
	  	  
						
		 	Maintenance services on Public and National Holidays can only be provided if THE LESSEE gets the requisite approvals from the local administration / competent authority(ies) and not otherwise.	  		  				  		  	

  
 29 

							
	k)	  	Façade signage charges	  	Rs. 5,00,000/- (Rupees Five Lacs only) per signage per annum to be paid in advance for upto three (3) signages. (For PHASE I)	  	Clause 12 of Annexure I of Lease Deed
				
	l)	  	Notice period for termination of Lease Deed	  	03 Months	  	3 of Lease Deed
				
	m)	  	Option to renew Lease Deed for further period	  	THE LESSEE shall have the option to renew the Lease Deed for further one term of five (05) years subject to mutually agreed commercials, including rentals and other terms and conditions of lease. THE LESSEE understands and
acknowledges that such commercials and other terms and conditions shall be mutually agreed, six (06) months prior to the expiry of the Lease Deed, failing which THE LESSOR shall be free to deal with the Demised Premises at its sole discretion, upon
expiry of the Lease Deed	  	
				
	n)	  	Place at which the rent and all other sums payable by THE LESSEE to THE LESSOR by Cheques/ Bank drafts/ wire transfer.	  	New Delhi	  	2 of Annexure I
				
	o)	  	Charges for Electricity/Power for internal Usage	  	As per Annexure X(a)	  	

 This Annexure forms an integral part of the Lease Deed. 

 

					
	 For and on behalf of
 DLF Assets
Private Limited
	 		 	 For and on behalf of

WNS Global Services Private Ltd.

			
		 		 	
	(Ernest David) & ( R.P Punjani)	 		 	( Ramesh Babu)
	AUTHORIZED SIGNATORIES	 		 	AUTHORIZED SIGNATORY

  
 30 

 ANNEXURE – III (a) 

DESCRIPTION OF THE PLOT 

Schedule A 
 All those pieces and parcels
of lands admeasuring a total area of 12.3808 hectares comprised in 
  

																															
	 Sl.

No.
	  	 Survey

Number
	  	Area in
Hectares	 	  	 Sl.

No.
	  	 Survey

Number
	  	Area in
Hectares	 	  	 Sl.

No.
	  	 Survey

Number
	  	Area in
Hectares	 	  	 Sl.

No.
	  	 Survey

Number
	  	Area in
Hectares	 
	1.	  	58/5	  	 	0.3650	  	  	17.	  	59/3A2A	  	 	0.0600	  	  	33.	  	59/3A1	  	 	0.4050	  	  	49.	  	56/2C	  	 	0.1000	  
	2.	  	58/2B	  	 	0.3050	  	  	18.	  	61/3B	  	 	0.1050	  	  	34.	  	58/9	  	 	0.0575	  	  	50.	  	56/2E	  	 	0.0280	  
	3.	  	58/2A	  	 	0.2550	  	  	19.	  	61/3C	  	 	0.0250	  	  	35.	  	59/1	  	 	0.0636	  	  	51.	  	56/2F	  	 	0.0280	  
	4.	  	58/6B	  	 	0.3400	  	  	20.	  	55/6A1	  	 	0.6397	  	  	36.	  	59/3B	  	 	0.5271	  	  	52.	  	56/2G	  	 	0.0490	  
	5.	  	57/14	  	 	0.1039	  	  	21.	  	59/3A3	  	 	0.4050	  	  	37.	  	60/2	  	 	0.8950	  	  	53.	  	56/3	  	 	0.0210	  
	6.	  	58/6A	  	 	0.1100	  	  	22.	  	59/3A4	  	 	0.4050	  	  	38.	  	60/1A	  	 	0.0250	  	  	54.	  	56/4	  	 	0.0320	  
	7.	  	57/5C	  	 	0.0600	  	  	23.	  	59/3A2B	  	 	0.3168	  	  	39.	  	60/1B	  	 	0.0150	  	  	55.	  	57/6	  	 	0.0120	  
	8.	  	57/2	  	 	0.3050	  	  	24.	  	59/3A2C	  	 	0.9450	  	  	40.	  	60/1D	  	 	0.5700	  	  	56.	  	57/7B	  	 	0.0890	  
	9.	  	57/7B	  	 	0.0037	  	  	25.	  	57/15A	  	 	0.2450	  	  	41.	  	60/1E	  	 	0.3150	  	  	57.	  	57/10B	  	 	0.0890	  
	10.	  	57/4	  	 	0.3350	  	  	26.	  	58/7B2	  	 	0.0300	  	  	42.	  	60/1F	  	 	0.3450	  	  	58.	  	57/13	  	 	0.0400	  
	11.	  	57/6	  	 	0.0290	  	  	27.	  	58/8	  	 	0.0960	  	  	43.	  	58/7B2	  	 	0.0200	  	  	59.	  	57/14	  	 	0.0740	  
	12.	  	57/5A	  	 	0.0600	  	  	28.	  	57/15B	  	 	0.4054	  	  	44.	  	58/8	  	 	0.0700	  	  	60.	  	57/15A	  	 	0.3130	  
	13.	  	57/5B	  	 	0.0600	  	  	29.	  	58/7A1	  	 	0.0600	  	  	45.	  	58/9	  	 	0.0720	  	  	61.	  	57/15B	  	 	0.0890	  
	14.	  	58/3	  	 	0.3400	  	  	30.	  	58/7B1	  	 	0.0300	  	  	46.	  	58/10	  	 	0.0810	  	  	62.	  	59/3A2B	  	 	0.0030	  
	15.	  	58/4	  	 	0.3450	  	  	31.	  	56/2B2	  	 	0.0850	  	  	47.	  	59/1	  	 	0.4870	  	  		  		  			
	16.	  	59/2	  	 	0.2350	  	  	32.	  	56/2C	  	 	0.3011	  	  	48.	  	59/3B	  	 	0.0600	  	  		  		  			

 Mugalivakkam Village, Sriperumbudur Taluk, Kancheepuram District, and situated within the sub-registration district of
Kunrathur, and registration district of South Chennai. 
 Item II 

All those pieces and parcels of lands admeasuring a total area of 4.35012 hectares comprised in Survey Nos.55 (0.07500 Hec), 57 (0.10445 Hec), 58/1 (3.38925
Hec), 58/2 (0.19538 Hec) and 58/3 (0.58604 Hec). Manapakkam Village, Sriperumbudur Village, Kancheepuram District, and situated within the sub-registration district of Joint-I, South Chennai and registration district of South Chennai. 

Item I and Item II in all measuring 16.73092 hectares 
 Situated
in DLF IT PARK @ Chennai, 1/124 Shivaji Gardens, Moonlight Stop, Nandambakkam Post, Ramapuram, Mount-Poonamallee Road, Chennai 600 089 

SCHEDULE B - (Description of leased Premises) 
  

			
	

	  	 As defined in Annexure II of this Lease Deed.
  

DLF IT Park @ Chennai is a Special Economic Zone IT Park notified vide official gazette numbers F- 2/124/2006 dated 16th November 2006 and F-2/124/2005 dated 14th February, 2007 approved by Ministry of Commerce.

	  

  
 31 

 ANNEXURE – III(b) 

DESCRIPTION OF THE FLOOR PLAN 

Phase I (10FL / 1, 2 & 3) & Phase II (10FL/ 4) 
  

 

  
 32 

 ANNEXURE IV 

AREA STATEMENT 
 SUPER AREA
CALCULATIONS 
 BLOCK-10, OFFICE COMPLEX, MANAPAKKAM, CHENNAI 
  

																																	
	 FLOOR / OFFICE NO.
	  	OFFICE AREA	 	  	SUPER AREA	 	  	TERRACE AREA	 	  	TOTAL SUPER AREA	 
	  	(SQM)	 	  	(SFT)	 	  	(SQM)	 	  	(SFT)	 	  	(SQM)	 	  	(SFT)	 	  	(SQM)	 	  	(SFT)	 
	 TENTH / 10F
	  	 	5251.372	  	  	 	56525	  	  	 	6564.216	  	  	 	70657	  	  	 	—  	  	  	 	—  	  	  	 	6564.216	  	  	 	70657	  
		  	  
	  
	 	  	  
	  
	 	  	  
	  
	 	  	  
	  
	 	  	  
	  
	 	  	  
	  
	 	  	  
	  
	 	  	  
	  
	 
	 TOTAL
	  	 	5251.372	  	  	 	56525	  	  	 	6564.216	  	  	 	70657	  	  	 	—  	  	  	 	—  	  	  	 	6564.216	  	  	 	70657	  
		  	  
	  
	 	  	  
	  
	 	  	  
	  
	 	  	  
	  
	 	  	  
	  
	 	  	  
	  
	 	  	  
	  
	 	  	  
	  
	 

 The Super area shall be the sum of Office areas, the Common areas in the entire said building, i.e., Block-10 and useable
terrace(s) area attached to Office area. 
 Whereas the Office area on a floor shall mean the entire area enclosed by its periphery walls including area
under walls, wall cladding, columns, toilets, pantries, lift Jobbies, AHU, Electrical rooms, which form integral part of said office floor and the Common areas shall mean all such parts / areas in said building which the M/s WNS Global Services
Private Limited / Occupants of one floor shall use by sharing with the Occupants of other floors, including entrance canopy, corridors and passages, area of cooling towers and chillers, security / fire control room(s), lift shafts, all electrical
shafts. D.G. shafts, A.C. shafts, pressurisation shafts, plumbing and fire shafts on all floors and rooms, staircases, mumties, lift machine rooms, overhead water tanks and services area on roof of said building. In addition prorata share of common
services area in the basement and on surface of the said plot, including but not limited to electric sub-station, transformers, D.G. set rooms. Underground water and other storage tanks, A.C. Plant room. Pump rooms, Sewage treatment plant,
maintenance and service rooms, fan rooms, circulation areas etc. shall be counted towards common areas. Office area to Super area ratio shall be 80%. 

Area of terrace(s), attached to Office area, if any, shall be counted 50% and added to the total Super area. However, lessee shall not be allowed to cover
such terrace(s) and shall use same as open areas only and in no other manner whatsoever. 

  
 33 

 ANNEXURE - V (a) 

STATEMENT OF RENT, INTEREST FREE REFUNDABLE SECURITY DEPOSIT, INTEREST FREE REFUNDABLE MAINTENANCE SECURITY DEPOSIT & CAR PARKING
CHARGES PAYABLE BY THE LESSEE TO THE LESSOR DURING THE PERIOD OF THE LEASE FOR 50,335 SQ.FT. (4,676.243 SQ.MTRS.) AS PHASE I AT PART OF TENTH FLOOR, BLOCK 10, DLF IT PARK @ CHENNAI 

 

																											
	 BEGINNING FROM
	 	ENDING ON	 	AREA (in
Sq.ft.)	 	 	Rent (Rs
per sq.ft.
per month)	 	 	MONTHLY
RENT
PAYMENT OF
THE SUPER
AREA
(Rs. Per month)	 	 	INTEREST FREE
REFUNDABLE
SECURITY DEPOSIT
(IN RS)	 	 	CAR PARKING
CHARGES	 	 	INTEREST FREE
REFUNDABLE
MAINTENANCE
SECURITY DEPOSIT	 
	 	 	 	 	 	 	50 (Fifty) Nos. of
Car Parking spaces
on payment of Rs.
500/- per car park
per month	 	 
	 01.04.2016
	 	31.03.2017	 	 	50,335	  	 	 	44.85	  	 	 	22,57,524.75	  	 	 	58,89,195.00	  	 	 	25,000.00	  	 	 	34,73,116.00	  
	 01.04.2017
	 	31.03.2020	 	 	50,335	  	 	 	51.57	  	 	 	25,95,775.95	  	 	 	58,89,195.00	  	 	 	25,000.00	  	 	 	34,73,116.00	  
	 01.04.2020
	 	31.03.2021	 	 	50,335	  	 	 	59.30	  	 	 	29,84,865.50	  	 	 	58,89,195.00	  	 	 	25,000.00	  	 	 	37,73,116.00	  

  

	NOTE:	All terms as per the Lease Deed shall be applicable. 

  
 34 

 ANNEXURE - V (b) 

STATEMENT OF RENT, INTEREST FREE REFUNDABLE SECURITY DEPOSIT, INTEREST FREE REFUNDABLE MAINTENANCE SECURITY DEPOSIT & CAR PARKING
CHARGES PAYABLE BY THE LESSEE TO THE LESSOR DURING THE PERIOD OF THE LEASE FOR 20,322 SQ.FT. (1,887.973 SQ.MTRS.) AS PHASE II AT PART OF TENTH FLOOR, BLOCK 10, DLF IT PARK @ CHENNAI 

 

																											
	 BEGINNING FROM
	 	ENDING ON	 	AREA (in
Sq.ft.)	 	 	Rent (Rs
per sq.ft.
per month)	 	 	MONTHLY
RENT
PAYMENT OF
THE SUPER
AREA
(Rs. Per month)	 	 	INTEREST FREE
REFUNDABLE
SECURITY DEPOSIT
(IN RS)	 	 	CAR PARKING
CHARGES	 	 	INTEREST FREE
MAINTENANCE
SECURITY
CALCULATED @ 
Rs.
25/- PER SQ. FT. PER
MONTH	 
	 	 	 	 	 	 	20 (Twenty) Nos. of
Car Parking on
payment of 
Rs.
500/- per car park
per month	 	 
	 01.04.2016
	 	31.03.2017	 	 	20,322	  	 	 	44.85	  	 	 	9,11,441.70	  	 	 	23,77,674.00	  	 	 	10,000.00	  	 	 	17,07,048	  
	 01.04.2017
	 	31.03.2020	 	 	20,322	  	 	 	51.57	  	 	 	10,48,005.54	  	 	 	23,77,674.00	  	 	 	10,000.00	  	 	 	17,07,048	  
	 01.04.2020
	 	31.03.2021	 	 	20,322	  	 	 	59.30	  	 	 	12,05,094.60	  	 	 	23,77,674.00	  	 	 	10,000.00	  	 	 	17,07,048	  

  

	NOTE:	All terms as per the Lease Deed shall be applicable. 

  

	    	The Lease Commencement of Phase II shall be as defined in S.no (d) of Annexure II of this Lease Deed. 

  
 35 

 ANNEXURE VI 

MONTHLY MAINTENANCE AND SERVICE EXPENDITURE (INDICATIVE) 
  

	A.	The expected monthly maintenance and service expenditure shall be 1.20 times the sum total of the following expenditure calculated on sq.ft. of super area basis and shall be charged every month. The expenditure shall
include but shall not be limited to the following: 

  

	1.	Annual maintenance contracts, Service contract expenditure including taxes & statutory levies as applicable, lease rental and other charges for operation and maintenance of all electro-mechanical equipments and
all equipment additionally installed by the Lessor/maintenance agency. 

  

	2.	Cost of water for all purposes. 

  

	3.	Cost of electricity for central air-conditioning and all services provided including in the parking, common and external areas. 

  

	4.	Cost of maintenance of landscaped areas, compound wall, tube well, electrification sewerage, roads and paths and any other services within the boundary of the said plot. 

 

	5.	Cost of maintenance, cleaning, painting and necessary replacements of a revenue nature in common areas including cost of maintenance of basements and common services therein. 

 

	6.	Cost of security services. 

  

	7.	Cost of administrative staff, maintenance staff of the building and the manager directly related to the maintenance of the building. 

 

	8.	Cost of all consumables for all services in common areas. 

  

	9.	Annual fees of various authorities. 

  

	10.	Cost of diesel and lubricants for DG sets and cost of gas and lubricants etc. for gas generators and air conditioning systems etc. 

  

	11.	Cost of all replacements / refurnishing of parts of various equipments used in maintenance services. 

  

	12.	Cost of augmentation/upgradations/replacement/deployment of existing and additional security/fire/other electromechanical systems acquired through leasing/amortization/rental basis. 

 

	13.	Cost of expenses incurred on infrastructure in and around the Said Building. 

  
 36 

	14.	Cost of insurance of Building and fitouts when fitted out space is provided. 

  

	15.	Township maintenance charges till the services of the colony are handed over to a local body or authority. 

  

	16.	Depreciation / sinking fund /lease rentals of all electro-mechanical equipments, including but not limited to chillers, D.G. Sets and lifts. 

 

	17.	Maintenance Charges for Car Parking Space. 

  

	18.	Any expenditure incurred on personnel, administrative and any other related cost of the custom/excise staff posted at SEZ operations. 

 

	B.	Cost of exclusive services, if any, provided to the occupant shall be extra. 

  

	C.	Service Tax, as applicable, shall be additional. 

  
 37 

 ANNEXURE-VII 

CAR PARKING SPACES EARMARKED FOR USE BY THE LESSEE 

Number of car parking spaces earmarked in the basement surface/mechanical car/two wheeler parking spaces for use by THE LESSEE 

Seventy (70) Numbers 

  
 38 

 ANNEXURE VIII 

TENTATIVE SPECIFICATIONS FOR BLOCK 10, DLF IT PARK @ CHENNAI 
  

			
	STRUCTURE	  	RCC framed structure
		
	Finishes	  	
		
	External Façade	  	Combination of Clear Float Glass and/or Reflective floats glass with Granite / Metal Cladding / Exterior paint / any other.
		
	Atrium, Lift Lobbies Floors & Walls.	  	Combination of Indian marbles and / or granites.
		
	Main staircase(s) / Fire
Escape staircase(s)	  	Terrazzo / Kota Stone / Good concrete.
		
	Elevators	  	 High Speed Passenger Elevators.
 Service
Elevator

		
	Parking	  	Surface/Basements/Mechanical
		
	Amenities	  	Centrally Air Conditioned Building - Provision for office area Air Conditioning provided upto AHU on each floor. The internal distribution system of Air Conditioning shall be sole responsibility of the tenant.
		
	Power Back up	  	100% power back-up including power back up for AC system also.
		
	Fire Fighting	  	Sprinkler and fire detection system will be provided in the basement area and common area only as per NBC. For fire fighting & sprinkler services in Office area, provisions will be made upto service shaft on each
floor.
		
	Wash room	  	Gents / Ladies Toilet on each floor as per statutory norms, CI/GI piping will be provided, but no CP fittings. Fixtures Wall / Floor finishes. Door & shutters will be provided.
		
	Electricity/Telephone	  	Provision on each floor up to the shaft. Connections have to be arranged by respective owners/users. No Electric conduits or wiring shall be provided in the slab.

 NOTE: 
  

	 	a)	Materials specially the imported ones are subject to availability as per prevalent policies of Govt. of India. 

  

	 	b)	Wherever larger floor heights are provided due to architectural reasons, from the viewpoint of air conditioning load, the height of false ceiling to be done by the Occupants shall not exceed 3 mtrs. from the finished
floor level. 

  

	 	c)	The above-mentioned specifications are for common area only. The office area will be in “BARE SHELL” condition only i.e. cement flooring, no plaster on concrete columns, walls or ceiling except on brick walls
wherever provided. All fittings, A.C. Ducts, Electrical distribution and Fire Fighting etc. shall be the sole responsibility of the Occupants. 

  
 39 

	 	d)	Plumbing provision for extra toilets may be provided at one / two different locations 

  

	 	e)	The above specifications are tentative and are subject to change at the sole discretion of THE LESSOR. 

  
 40 

 ANNEXURE IX 

THE LESSEE’S RESPONSIBILITY DURING ADDITIONAL INTERIOR WORK, ADDITIONS/ MODIFICATIONS/ ALTERATIONS OF INTERIOR WORKS (REFERRED HEREINAFTER AS INTERIOR
WORKS) AND DURING THE LEASE TENURE AND DURING OPERATIONS 
 THE LESSOR has provided the fire detection systems as elaborated in Part B. These systems
are as per NBC norm. 
  

	A	THE LESSEE will be responsible to ensure the following elaborated under different sub heads: 

  

	(I)	FIRE DETECTION & FIRE FIGHTING 

  

	1.	The existing sprinkler systems provided is not to be isolated or closed at any point of time during interior works. 

  

	 	(a)	For providing sprinklers below false ceiling a separate network of sprinklers to be installed. 

  

	 	(b)	Before starting the interior/fitout works, THE LESSEE will also check for themselves that the sprinkler systems in working condition. 

 

	 	(c)	Upon completion of False Ceiling, the sprinkler below false ceiling is to be charged. Only upon charging the sprinklers below false ceiling THE LESSEE can do other interior works and can bring in the carpets / furniture
/ modular workstations/ chairs / wood for partitions etc. into the premises for installation. 

  

	2.	Fire detection, alarm systems and fire fighting systems must not be closed or isolated during the period when interior works are carried out or during the lease period. 

 

	2(a)	As and when there is Puja/ Havan in THE LESSEE’s Premises the Building Manager to take proper action for alarm system so that other occupants are not disturbed. THE LESSEE shall send prior notice for the Puja/
Havan including the essential details like time, date and the venue to the Building Manager. 

  

	3.	Before start of Interior works THE LESSEE to ensure 4 nos. Fire Extinguishers, 4 Nos. Sand buckets & 4 nos. Water buckets are placed at different locations on each floor of the premises when THE LESSEE is starting
the interiors. 

  

	4.	Before doing any welding works, THE LESSEE to obtain hot works permit and ensure that the site is clear, no paper/wood pieces/or any other combustible material is around and adequate standby fire-fighting mechanism in
place, which includes at least 2 nos of fire extinguishers, 1 nos of sand buckets, 1 nos of water bucket etc are in place. Once the welding is completed, the site to be re-inspected for any welding spark. 

  
 41 

	5.	No gas of any kind to be used for welding purposes. Only arc/electrical welding to be used. 

  

	6.	Zonal fire detection panels are provided on all floors. THE LESSEE to ensure that at any point of time there would be some smoke detectors spread over the Said Premises operational and connected to the Zonal panel.

  

	7.	During interior works, THE LESSEE to ensure proper signages and fire escape routes are prominently displayed inside their premises. 

  

	8.	Security Guards professionally trained in fire fighting systems to be deployed on each floor during all shifts round the clock. They should be capable of handling the fire-fighting equipments provided on the floors such
as fire hydrants etc. 

  

	9.	The entire building is a no smoking zone. THE LESSEE to ensure that even during interior works no person smokes inside the building. Match Boxes & Cigarette Lighters are not allowed at site in the building.

  

	10.	No items of any nature to be stored in Electrical Control / Panel Room. A stray electrical spark may result in such items catching fire; moreover, presence of such items may impede access to Control Panel in times of
emergency. 

  

	11.	THE LESSEE to refrain from use of cooking gas in their pantries / kitchens. 

  

	12.	THE LESSEE’s Security Personnel should not remain inside the offices after they have been closed for the day. Unauthorised smoking by such staff can also contribute to major fire. After closing hours, your
Security/Guard be stationed outside the office (and not within), and the interiors of the offices can be monitored by then over closed circuit video cameras. 

  

	(II)	ELECTRICAL & MECHANICAL 

  

	13.	For the operational usage THE LESSOR has provided the electrical tap-off in electrical room alongwith sub-meters installed for supply of power from grid/supplying agency and back-up power. THE LESSEE to tap-off
electricity through proper distribution panel / board properly earthed. The distribution of electricity inside the premises during the interior works shall be responsibility of THE LESSEE. 

 

	14.	All electrical installation shall be carried by authorised licensed contractor and client shall submit installation test certificate issued by same contractor and certificate of verification of these installation by a
reputed electrical consultant. 

  

	15.	During interior works Electrical supply for fitout to be given through portable DG/Building DG (if installed). In case power for fitouts is provided through temporary portable DG installed outside, THE LESSEE will have
to take the tapping though a cable of suitable rating from outside the building. Lessee to take the electricity in a proper panel/fitted with MCB & ELCB with proper earthing. Cable of proper rating to be used as per load. No loose connection
& joints in wires will be allowed. During interior works while using drilling/hammering machine or any other electrical equipment, THE LESSEE shall ensure that proper 3 pin plugs are used. No over loading of socket will be allowed.

  
 42 

	16.	All outgoing feeders single phase & 3 phase in Panels & DBs outlets shall be suitable of individual equipment rating and out going feeders must have a protection arrangement so that it should trip in the event
of overload, short circuit & earth fault. 

  

	17.	All material to be of IS Standard & from reputed manufacturer. No sub standard material to be used. 

  

	18.	No aluminum cable to be used. Only copper cables of ISI make to be used. 

  

	19.	Under no circumstances during interiors / operations should the safety system in the circuit / MCB / ELCB be bypassed. THE LESSOR to ensure that this is adhered to under all circumstances. 

 

	20.	Only CFL & tubes with electronics chokes to be used. No Aluminum / Copper chokes to be used. 

  

	21.	Compressors of Split AC/ Precision AC shall be serviced regularly to avoid overheating / jamming of compressor / fan motor. Stabilizer sockets to be checked regularly for heating. 

 

	22.	Supply from one socket to be used for one source only and 3 wire cable to be used rather than 3 different cables. No overloading of sockets. 

 

	23.	Balancing of load should be proper in all 3 phases. 

  

	24.	Coffee machine / water cooler/ oven and any other Electrical appliances should be properly earthed and to be used with a proper rating of cable through ELCB. 

 

	25.	For power output 15 amp plug; for lighting 5 amp plug and for AC industrial sockets to be used. 

  

	26.	Small step down transformer on false ceiling for lighting to be properly secured. 

  

	27.	No PVC pipes to be used for Electrical wiring. 

  

	28.	Electrical panel wiring to be properly dressed and the gap between the phases to be proper. 

  

	29.	CT provided in the electrical panel should be of proper size and should have a proper gap between the space and CT to be checked for any heating/ cracking. 

  
 43 

	30.	One circuit should not have more than eight light point or two power points. 

  

	31.	For neon signages transformer should be placed outside safe place or LED signages to be used. 

  

	32.	THE LESSEE to ensure that the electro-mechanical systems installed in the Said Premises is properly maintained during their interior works and at the time of operations. THE LESSEE to also ensure that no fire spreads
from the premises. 

  

	33.	THE LESSEE to have the audit of their entire Electrical systems done on a half yearly basis by a reputed Electrical consultant and provide a certificate certifying that all THE LESSEE’s installations including
insulation resistance are in good and safe working condition and does not have any possibility of short circuit and becoming a fire source. To be submitted to the facility manager on half yearly basis. 

 

	34.	THE LESSEE to have the audit of their entire HVAC systems done on a half yearly basis by a reputed HVAC consultant and provide a certificate certifying that all THE LESSEE’s installations are in good and safe
working condition and does not have any possibility of short circuit and becoming a fire source. To be submitted to the facility manager on half yearly basis. 

  

	(III)	DRAWINGS & SPECIFICATIONS 

  

	35.	THE LESSEE shall ensure that the fitout works is done as per the drawings approved by THE LESSOR’s architect. No deviation will be allowed. 

 

	36.	THE LESSEE to use fire retardant material in the design of their interior works. 

  

	37.	While designing of interior works, it should be kept in mind that the access to the fire hydrants is not restricted in any way. 

  

	38.	For flushing of water closets only cisterns/concealed cisterns are to be used. No flushing valves to be installed. 

  

	39.	THE LESSEE to install automatic gas flooding Fire Extinguishing System, FM 200 or equivalent, in case THE LESSEE wants to remove the sprinkler system in the Server Room. The FM 200 will not be kept on manual mode under
any circumstances. 

  

	(IV)	WORK PROCEDURE 

  

	40.	THE LESSEE shall ensure that no structural damage takes place. 

  

	41.	Every day, on completion of work, THE LESSEE shall ensure that the site is cleaned all combustible & non-combustible scrap including any wood/paper/lose paint /any other material/scrap is remove from the
premises. 

  
 44 

	42.	THE LESSEE shall ensure that the malba/scrap is disposed out of site every day. 

  

	43.	THE LESSEE shall ensure that the stair cases are not blocked with interior fitout material. 

  

	44.	No material shall be stocked in the lift lobby area. 

  

	45.	THE LESSEE shall not store paint and other combustible material at Demised Premises. The material may be brought onto the floor for interior finishing as and when it is required. 

 

	46.	No storage of any material / records in basement, to enable free movement. However, for a limited period of 10 days during interior works THE LESSEE with the permission of the facility manager can use this
earmarked car/two wheeler parking space as temporary storage for fixture/furniture which is in the process of being installed. The same must be barricaded by THE LESSEE and THE LESSEE must depute a security guard for the same. THE LESSEE must
install a Fire Fighting system such as extinguishers, sand buckets & water buckets to the satisfaction of the facility manager for this temporary storage area. This furniture/fixture will be allowed to be brought only 7 days in advance of
installation. The storage area must be cleared by THE LESSEE immediately after shifting the material in their premises. In case the interiors are getting delayed beyond the targeted date, THE LESSEE will clear the temporary store immediately and
shift all material in their premises. When the material is shifted on the floor the packing / covering to be removed the same day and all packing / covering material to be shifted out of the premises and the building on the same day.

  

	47.	During normal office hours, no noisy interior works such as drilling, hammering, cutting, chisilling etc is to be carried out by THE LESSEE. The same can be done after normal office hours. However, works other than the
above can be carried on which cause no disturbance to the occupied floors. 

  

	(V)	OTHER REQUIREMENTS 

  

	48.	No Parking of CNG / LPG powered cars in basements as the chances of occurrence of fire / explosion in such vehicles are very high. 

However, Original Manufacturer company-fitted CNG / LPG vehicles will be allowed in car parking spaces designated by THE LESSOR. 

 

	49.	Working Norms for Interior Works 

  

	 	(a)	In New Building where no client is operational the interior works can be done on 24 hrs. basis. 

  

	 	(b)	In a multi-tenanted building as soon as any client completes their interior works and becomes operational; no noisy works to be done during office hours. 

  
 45 

	 	(c)	Noisy works such as drilling, hammering, cutting, chiseling etc. to be carrying out by THE LESSEE after normal office hours. 

  

	50.	That before any machinery, equipment, safe or furniture, etc. is moved into or out of the Demised Premises, due approval in writing must be taken by THE LESSEE from the Building Manager or other authorized personnel
appointed by THE LESSOR, in the absence of which the movement thereof will not be permitted by THE LESSOR, provided, however, such movement will be allowed during normal business hours only. 

 

	51.	Lifts/ elevators/ escalators of reputed makes have been provided in the said Building/ Building Complex. 

THE LESSEE should educate its employees, visitors and customers with regard to the DO’s and DONT’s of the safe usage of these items.
These are self operating lifts/ elevators/ escalators. Do’s and Don’ts as recommended by the suppliers are as displayed therein. 

The maintenance of these items is done by giving AMC’s to suppliers/ third parties. 

In the event of any mishap occurring, THE LESSOR or its employees shall not be held responsible for any consequences arising from usage of
these items. 
  

	B	The following fire-detection and alarm system are provided as per NBC norms inside the premises: 

Fire Detection & Alarm System: 
  

	 	1.	Main control / Alarm panel located in security room connected with the floor-wise zonal panel located near the staircase. 

 

	 	2.	The Smoke / Heat Detectors installed by the floor occupant are connected to the zonal panels located on the floors. 

  

	 	3.	The main panel has inbuilt zone-wise fire detector and automatic alarm on all floors, through an amplifier. 

  

	 	4.	All AHUs and other ventilation / pressurization systems are operationally hooked-up with fire alarm / detection system. 

Fire Fighting System 

The following fire fighting systems are provided along with: 
  

	 	•	 	Fire Pumps (Hydrants & sprinkler) 

  

	 	•	 	Jockey pumps 

  

	 	•	 	Diesel Driven engine pump 

  

	 	•	 	Fire Hydrants 

  

	 	•	 	Hose reels 

  

	 	•	 	Fire extinguishers in common areas 

  

	 	•	 	Sprinkler systems 

  

	 	•	 	Public address and Alarm System 

  

	 	•	 	Automatic / manual Fire Alarm system 

  
 46 

 The Fire Hydrant systems comprises of internal fire hydrant system available on all the floors
and the external hydrant system around the building. 
 Sprinkler system is provided in basement, Lift lobby and service area and office
areas as per NBC norms. 

  
 47 

 ANNEXURE X (a)

Charges for Usage of Power in the Demised Premises 

Usage of power during lease tenure 
  

	 	i)	If grid power is available and used – To be charged as per grid rates 

  

	 	ii)	For supply of power from back up sources – To be charged at Cost + 20% 

  

	 	iii)	When power taken from Utilities company is used – To be charged at Cost + 20% 

 For power used for common
areas from any source, along with other expenditure like security, housekeeping etc, the total cost of above is charged in the overall maintenance charge at Cost + 20%. 

  
 48 

 ANNEXURE X (b) 

MAINTENANCE CHARGES 
 The maintenance
charges for Demised Premises shall be calculated at actual cost + 20% payable from the Lease Commencement Date. 
 The estimated maintenance charges as on
1.9.2015, subject to increase in prices of diesel, gas and petroleum products, electricity rates, taxes, wages and salaries during the lease tenure are as below: 

For normal office hours (8 am to 8 pm on Weekdays and 8 am to 2 pm on Saturdays except Sundays, Public and National Holidays): Rs 17.00 psf per month 

For 24*7 operations (except National Holidays) is Rs 28.00/- psf per month 

For working on Public and National Holidays: Rs 0.15/- per sq. ft. per hour on the super area of the full floor even if the area of Demised Premises is less
than the full floor area or per hour for the Demised Premises to be intimated by the building manager when required. 
 Current Operating hour: 

 

	i)	Phase I (area- 50,335 sq ft) 

  

							
	 Area
	  	Operating Hours	 	  	Maintenance Charges
	 14,850 sq ft
	  	 	18*7	  	  	Rs 23/- per sq ft
	 14,852 sq ft
	  	 	12*7	  	  	Rs 18/- per sq ft
	 20,633 sq ft
	  	 	16*7	  	  	Rs 21.50/- per sq ft

  

	ii)	Phase II 

  

							
	 Area
	  	Operating Hours	 	  	Maintenance Charges
	 20,322 sq ft
	  	 	24*7	  	  	Rs 28/- per sq ft

  
 49 

 ANNEXURE XI 

(Applicable in case THE LESSEE merges or amalgamates after the Lease Deed is signed) 

To be given by transferee company 

UNDERTAKING 
  

			
	TO,
	DLF	 	  

	  

			
	Ref: Lease Deed dated -                      
                          

 I,                     ,
the authorized representative, vide Board resolution/Power of attorney dated                      (Copy enclosed),
                    , do hereby declare that 
  

	 	1.	We are fully aware with the Lease Deed dated                      executed between M/s DLF
                     and M/s.
                     contents thereof. 

  

	 	2.	We are fully aware with the terms and conditions of the abovementioned Lease Deed. We are aware that as per the terms and conditions of the aforementioned Lease Deed, in case of merger/consolidation or amalgamation of
the Lessee with any other entity, a fresh Lease Deed shall be executed between the Lessor and the other entity as provided in clause     - of the Annexure I of the abovesaid Lease Deed. 

 

	 	3.	We undertake that as per the provisions of the Lease Deed we shall execute a fresh lease deed on same terms and conditions within 30 days of passing of the order by the Court approving the scheme of merger.

  

	 	4.	We are aware that we will step into the shoes of                      and that our liability to make payments of rental
and other charges as per the Lease Deed shall commence from the date of passing of the final order approving the merger. Till then the payments of rent and other charges payable under the Lease Deed shall be borne and paid regularly by
M/s.                    . 

  

	 	5.	We unequivocally agree, confirm and acknowledge to the Lessor that we shall be responsible for enforcement/compliance of all the terms and conditions of the Lease Deed and that we bind ourselves with the terms and
conditions of the aforementioned Lease Deed and we shall also be liable for breach/non-compliance of the terms and conditions as per the Lease Deed dated
                    . 

  

	
	  

	(Authorised Signatory)
	
	  

 Confirmed by: 

(                    ) 

THE LESSEE 

  
 50 

 ANNEXURE – XII 

ELECTRONIC CLEARING SYSTEM ACTIVATION FORM 
  

					
	1	  	Name of the Vendor:	  	DLF Assets Private Limited
			
	2	  	Contact person:	  	R. Ramgopal
			
	3	  	Designation:	  	Senior Manager – Accounts
			
	4	  	Address:	  	 Upper Basement, Block lB,
 DLF IT Park @
Chennai,
 1/124 Shivaji Gardens, Moonlight Stop,
 Nandambakkam
Post, Manapakkam,
 Mount Poonamallee Road,
 Chennai 600
089

			
	5	  	Mobile No:	  	+91 9962003099
			
	6	  	Contact No:	  	+91 – 44 – 45497601
			
	7	  	Email ID:	  	r-ramgopal@dlf.in
			
	8	  	Fax:	  	+91 – 44 – 42669802
			
	9	  	Bank Name:	  	CITI BANK
			
	10	  	Bank Address:	  	CONNAUGHT PLACE, NEW DELHI
			
	11	  	Account No.:	  	0028681224
			
	12	  	Permanent Account Number	  	AACCD4923A
			
	13	  	Tax Account Number	  	DELD09632A
			
	14	  	NEFT Code:	  	–
			
	15	  	RTGS Code:	  	IFSC: CITI0000002
			
	16	  	Swift Code *:	  	Not Applicable

  

	•	 	THE LESSEE to check with concerned bank for NEFT / RTGS / SWIFT Codes. 

  

	•	 	Swift Code is required in case THE LESSEE has an account with HSBC bank. 

  

	•	 	Bill-wise details against NEFT/RTGS payments by mail. 

  
 51EX-4.9

 Exhibit 4.9 

LEAVE AND LICENCE AGREEMENT 
 THIS
AGREEMENT made on this 8th day of March, 2016 BETWEEN GODREJ & BOYCE MANUFACTURING COMPANY LTD. (PAN Number - AAACG1395D), a Company incorporated under the provisions
of the Indian Companies Act, 1913, and having its Registered Office at Pirojshanagar, Vikhroli, Mumbai 400079 hereinafter referred to as the “Licensor” (which expression shall unless it be repugnant to the context or meaning
thereof, be deemed to include their successors and permitted assigns) of the ONE PART; 
 AND 

WNS Global Services Pvt. Ltd. (PAN Number – AAACW2598L), a Company incorporated under the Companies Act, 1956, and having its Registered Office at
Plant 10, Godrej & Boyce Complex, Pirojshanagar, Vikhroli (West), Mumbai 400 079 hereinafter referred to as “the Licensee” (which expression shall unless it be repugnant to the context or meaning thereof, be deemed to
include their successors and permitted assigns) of the OTHER PART. 

  
 Page 1 of 16 

 The “Licensor” and the “Licensee” are hereinafter together always referred to
as the “Parties” and are individually, when necessary, referred to as “Party”. 
 WHEREAS the Licensor is the owner of and
absolutely seized and possessed of and/or otherwise well and sufficiently entitled to all those lands lying, being and situate at Pirojshanagar, Vikhroli, Mumbai 400079, on which the Licensor has built and constructed several industrial
sheds and office blocks (hereinafter referred to as the “Larger Premises”). 
 AND WHEREAS the Licensor has constructed Pl no. 10 Building
admeasuring about 85,000 sq. ft. constructed on the survey no.57 (pt.) of village Vikhroli corresponding to CTS No. 7 (pt.), and 67 (pt.) 
 AND WHEREAS the
Licensee is desirous of occupying on Leave and License basis, 84,429 sq. ft. lying and situated at the ground floor, Upper Floor and Lower Ground Floor of Plant No. 10 as aforesaid being delineated in RED in the plan annexed and more
particularly described in the schedule hereto (hereinafter referred to as “the Licensed Premises”). 
 AND WHEREAS the Licensee has
requested the Licensor to permit the Licensee to use and occupy the Licensed Premises which request has been acceded to by the Licensor and the Parties hereto have agreed to enter into a Leave & License Agreement in the
manner following: 
 NOW THIS DEED WITNESSETH AND IT IS HEREBY AGREED BY AND BETWEEN THE PARTIES HERETO AS FOLLOWS: 

 

	I.	PREMISES 

  

	1.	The Licensor hereby grants the Leave and Licence to the Licensee to use and occupy 84,429 sq.ft lying and situated at the ground floor, Upper Floor and Lower Ground Floor of Plant No. 10, more
particularly written and detailed in the schedule hereunder (and demarcated in the colour RED in the plan annexed hereto). 

  

	2.	At all times, the ownership and legal possession of the Licensed Premises shall be that of the Licensor, only and the Licensee shall use and occupy the Licensed Premises as Licensee only, and shall
not claim any right, title or interest of any nature whatsoever in the Licensed Premises and that nothing in this Agreement shall be construed to be a demise at law in respect of the Licensed Premises or to confer the Licensee any right of
tenancy/sub-tenancy/lease/sub-lease, etc. 

  
 Page 2 of 16 

	3.	It is expressly agreed by and between the Parties that the juridical possession of the Licensed Premises shall be always that of the Licensor. The Licensee is granted a personal, non transferable
and non assignable licence to use the Licensed Premises on the terms and conditions stated. 

  

	II.	COMMENCEMENT, DURATION, OF LEAVE AND LICENCE AND REGISTRATION OF LEAVE AND LICENCE DEED 

  

	1.	The Leave & Licence shall be deemed to have commenced on or from 16th February 2016 and shall be in force for a period of 60 months (i.e upto 15th February 2021), on the same terms and conditions herein. 

  

	2.	The Licensor shall allow the Licensee to use the Licensed Premises for the period mentioned above without any hindrance, obstacle etc. subject to the Licensee paying the License fee.

  

	3.	Cost of Non Judicial stamp paper, registration charges and expenses in respect of this document shall be borne by the Licensee. 

 

	4.	Original Leave and License Deed shall always remain with the Licensor and the certified true copy of the Leave and Licence Deed shall be retained by the Licensee. 

 

	III.	LICENCE FEE 

  

	1)	In consideration of the grant of the Licence to use the Licensed Premises as aforesaid, the Licensee shall pay to the Licensor a monthly License fee as mentioned in the table below from 16th February 2016 (“License Fee Commencement Date”). 

  

											
	 Area

(sq.ft.)
	 	 Year 1 (Rs.)
(16.02.2016

to
 15.02.2017)
	 	 Year 2 (Rs.)

(16.02.2017
 to

15.02.2018)
	 	 Year 3 (Rs.)

(16.02.2018
 to

15.02.2019)
	 	 Year 4 (Rs.)

(16.02.2019
 to

15.02.2020)
	 	 Year 5 (Rs.)

(16.02.2020
 to

15.02.2021)

	 84,429
	 	1723995.00	 	1810195.00	 	1900704.00	 	1995740.00	 	2095527.00

  

	2)	Licence fee shall be paid by the Licensee to the Licensor by pay orders payable at par at Mumbai or RTGS electronic fund transfer as specified by Licensor on or before the 10th day of every month. 

  
 Page 3 of 16 

	3)	Any delay in payment of License fee shall attract interest @ 18% per annum from the due date of payment until the date of payment to be paid along with the delayed payment. The Licensee further undertakes and
agrees that on the happening of such an event, the outstanding amount, if any due and payable by WNS to GODREJ shall be first adjusted against the interest and penal charges, if any and then only towards the monthly License fee. 

 

	IV.	PROPERTY TAXES, MUNICIPAL TAXES AND OTHER STATUTORY LEVIES RELATING TO THE SAID PREMISES/PROPERTY 

  

	1)	The Licensor shall pay the property taxes assessed / applicable as on 15th August 2005. 

The assessment made by the Corporation covering the period commencing from 15th November
2002 and the tax assessed will be borne and paid by the Licensor and shall be taken as the basis for arriving at the future increase in taxes. Any such future increase in such taxes will be borne and paid by the Licensee to the
extent of 50% of such increase. 
 If the Licensor disputes the assessment made by the municipal authorities in respect of such
future increase in taxes in respect of the period covered by this Agreement, the Licensor may at its discretion adopt legal proceedings at its cost. However, in such proceedings, if the amount of taxes is required to be deposited with
any authority as per law, the same will be paid by the Licensee to the Licensor upon furnishing the necessary documents to enable timely deposit of the same with such authority. 

Further, the Licensee agrees to be liable to pay Service Tax as applicable along with applicable cess and any future taxes, duties,
charges, Cess, rates and any other levies becoming payable by the Licensor to the statutory authorities which arise or accrue primarily due to or related to the use as per Clause 4 hereto, the manner of use of the Licensed Premises
by the Licensee, the business of the Licensee and/or calculated on the License fees or other charges (outgoings including maintenance) paid or payable by the Licensee to the Licensor shall be reimbursed and borne by the
Licensee. 

  
 Page 4 of 16 

	V.	REPAIRS AND MAINTENANCE TO THE PREMISES 

  

	1)	The Licensee shall maintain and undertake all minor repair work relating to the Licensed Premises. In the event of any major structural defects in the Licensed Premises, it shall be the responsibility and
obligation of the Licensor to carry out such repairs. 

  

	2)	No major structural alteration or modification of permanent nature shall be carried out by the Licensee. 

  

	VI.	OBLIGATIONS OF LICENSOR 

  

	1)	The Licensor shall be liable to make good the exterior and structure of the Licensed Premises including walls, drainage and roof by carrying out necessary repairs or renovations within its statutory common duty
of care. 

  

	2)	The Licensor shall provide the Licensee for its operation at their own cost 

  

	 	a)	Water – Requisite water connection from the Municipal Corporation, subject to availability. The charges for consumption of water shall however be borne by the Licensee as per actual metered consumption at
prevailing rates. 

  

	 	b)	Power - With a view to enable the Licensee to put up and operate lights, fans split/windows/central air conditioning and other electrical, mechanical and electronic equipment, computers, peripherals, fittings and
apparatus as the Licensee may require, the Licensor shall allow the Licensee to make necessary application for power to the concerned authorities and avail of the power supply. The Licensor shall provide the
necessary no objection for such application of power supply by the Licensee to the authorities. Any alterations or additions to the electrical installations which the Licensee carries out shall be intimated to the Licensor
and the Licensee shall obtain necessary statutory approvals for the same. The Licensee hereby agrees to bear all charges to be paid to the power supply company for making the power available to the Licensee in terms of
these presents and for consumption of the electrical power by the Licensee. 

  
 Page 5 of 16 

	3)	Licensor shall keep the area surrounding the Licensed Premises and its approaches in clean and tidy condition. 

  

	4)	The Licensor shall always be liable to make good the exterior and structure of the licensed premises including walls, drainage and roof by carrying out necessary repairs or renovations within the statutory common
duty of care. 

  

	5)	The Licensee shall not be liable for any charges and outgoings in respect of the Licensed premises prior to 15th November 2002 . 

 

	6)	The Licensor shall take all reasonable steps to assist the Licensee for facilitating the installation of telecommunications infrastructure, including telephone lines, leased lines, etc. by the Licensee or by a
third party on its behalf. 

  

	7)	The Licensor shall deploy its security personnel at the entrance of the appurtenant area of the Larger Premises. 

  

	8)	The Licensor shall permit the Licensee the use and the occupation of the Licensed premises during the period of License herein created without any hindrance/eviction/ interruption and/ or disturbance, claim or demand
whatsoever by the Licensor or any person claiming by from under or in trust for the Licensor, save and except in the event of termination or prior determination as provided herein the agreement. 

 

	9)	The Licensor has provided the copy of occupation certificate certifying that the Licensed premises is fit for office use and occupation. 

 

	VII.	OBLIGATIONS OF THE LICENSEE 

  

	1)	The Licensed Premises will be used only for carrying on the business of the Licensee and for no other purpose. 

  

	2)	The Licensee shall not be deemed to be in the exclusive occupation of the Licensed Premises and the Licensor will have the right to enter upon the Licensed Premises at any time to inspect the Licensed
Premises with adequate prior notice to the Licensee and without inconveniencing the Licensee in any way. Provided always that the Licensor shall not interfere with the work or operation of the Licensee being lawfully carried on in the Licensed
Premises. 

  
 Page 6 of 16 

	3)	The Licensee shall use the Licensed Premises as bare Licensee only and such use shall cease forthwith on the expiry of the term of this Agreement or upon sooner determination of this Agreement.

  

	4)	The Licensee shall use the Licensed Premises with due care and caution and shall keep the said Licensed Premises in good order and condition and upon the expiry of this licence, the Licensee shall leave
the same in good condition as they are on the date hereof and shall make compensation for any damage done (reasonable wear and tear excepted) due to the Licensee’s act or omission. 

 

	5)	The Licensee shall not cause any nuisance or annoyance to the people in the neighbourhood or store any hazardous goods on the Licensed Premises. 

 

	6)	On the expiration of the said term or period of the licence or earlier termination thereof, the Licensee shall hand over vacant and peaceful possession of the Licensed Premises to the Licensor in the same
condition in which the Licensed Premises now exist subject to normal wear and tear. The Licensee’s occupation of the Licensed Premises after such termination will be deemed to be that of a trespasser. 

 

	7)	The Licensee shall under no circumstances assign or transfer the benefit of this Agreement to any other person. 

  

	8)	In the event, the Licensee as a corporate entity, undertakes any restructuring resulting in formation of subsidiaries of the Licensee , the Licensee may be permitted to extend the use and occupation
to such of its subsidiaries so far as the such subsidiaries are in the same line of business as the Licensee and that the permission by the Licensor to extend the use and occupation of the Licensed Premises is at the absolute
discretion of the Licensor and with the Licensor’s express written consent which consent shall not be unreasonably withheld. Provided however, the Licensee shall promptly notify the Licensor of the use of the
Licensed Premises by such subsidiaries. 

  

	9)	The Licensee shall use the Licensed Premises without in any manner disturbing and /or interfering with the activities and business of the Licensor or its associated or its subsidiary companies or any other
persons authorized by the Licensor in this regard. 

  
 Page 7 of 16 

	10)	The Licensee shall keep the Licensed Premises and every part thereof in clean and tidy condition. The Licensee shall not keep anything in or around the Licensed Premises, which shall always be kept
un-littered and in tenantable condition. 

  

	11)	The Licensee shall not in any way impede the Licensor or its personnel in the exercise of the right of possession and control of the Licensed Premises and every part thereof. 

 

	12)	The Licensee will keep the interior of the Licensed Premises in good and substantial repair and condition. 

  

	13)	The Licensor’s personnel shall at all times be granted unrestricted access to the Licensed Premises including every part thereof, for the purpose of maintaining/repairing the essential services/equipments
located in and around the Licensed Premises and also to check if any addition/alterations have been done by Licensee without the consent of the Licensor; provided Licensor shall provide prior notice to the Licensee.

  

	14)	The Licensee herein represents, confirms and states that its paid up capital is in excess of Rs.1,00,00,000/-( Rupees One Crore only) and therefore, the provisions of the newly introduced Maharashtra Rent
Control Act ,1999, shall not apply to this Agreement. The Licensee hereby undertakes that as long as this Agreement is in force, it will not reduce its paid up capital or take any action which is likely to result in the
reduction of its paid up capital .In the event the Licensee desires or determines to reduce its paid up capital below Rs.1,00,00,000 or such statutory limits as may be fixed by the Maharashtra Rent Control Act, 1999 the Licensee shall
immediately inform the Licensor of such decision or desire to reduce the paid up equity capital. Upon such notification the provisions of clause IX(1) will apply. Moreover the Licensee acknowledges the right and entitlement of the
Licensor to terminate this Agreement, in such an eventuality, the Licensee shall hand over the peaceful and vacant possession of the Licensed Premises to the Licensor within 30 days after being served a written notice by
the Licensor and the Licensee shall not raise a claim for protection under the Maharashtra Rent Control Act,1999 or any other modifications thereto, against the Licensor in respect of the Licensed Premises. 

  
 Page 8 of 16 

	15)	In the event of any amendment to the current laws or any new land laws being enacted by the Legislature, the same shall not apply to either party so as to prejudicially affect their respective rights mutually agreed
hereunder. 

  

	16)	The Licensee shall ensure that the Licensor or its representative, employee or workmen shall at all times have unobstructed access to the open areas around the Licensed Premises during the term of
this Agreement for purposes of access to essential services or in case of emergencies. 

  

	17)	Licensee shall be entitled to apply and obtain at its own cost separate telephone lines and other telecom infrastructure. The Licensee shall have the right to surrender the said separate telephone lines to
the telephone company on or before the expiry of the license. Licensor shall give necessary no objections and/or consent to enable the Licensee to obtain separate telephone lines, leased lines and other telecom infrastructure.

  

	VIII.	NON SOLICITATION OF EMPLOYEES  

 Neither party shall, during the term of
this Agreement and for a period of five years thereafter, directly or indirectly solicit, recruit, or induce the employees, of the other Party. For the purpose of this Agreement,” solicit for hire” shall not include (a)
referral made by a placement agency, (b) responses to any advertisement appearing in a newspaper, magazine, internet or trade publication. 
  

	IX.	TERMINATION OF THE AGREEMENT 

  

	1)	Either Party shall be entitled to terminate this Agreement in the event of the other Party committing a breach of the terms and conditions contained in this Agreement to be observed
and performed by such other Party by giving 30 days advance notice in writing and if the other Party rectifies the breach and informs the non breaching Party in writing about the same within the said period of 30 days then the
notice will cease to be effective. However, if the defaulting party is unable to rectify the breach within the period of 30 days then, the agreement shall, at the option of the non-defaulting party stand terminated. Licensee shall
forthwith quit, vacate and hand over the peaceful possession of the Licensed Premises within 30 days thereafter. Provided, however, that in the event of the Licensee failing in his obligation to correct the breach within the specified
period mentioned above, the Licensor shall be entitled to forthwith to remove the Licensee from the Licensed Premises. 

  
 Page 9 of 16 

	2)	Notwithstanding anything contained in clause 1, the Licensee shall have the option to terminate the License by giving 180 days advance notice in writing to the Licensor without assigning any reason
whatsoever, at any time during the License period, as stated hereinabove. It is clarified that the Licensor’s right to terminate this agreement on account of breach on the part of the Licensee at any terms and conditions and
covenants contained herein to be observed and performed by the Licensee by giving 30 days notice in writing as stated in aforesaid clause remains unaffected. 

 

	3)	Further in the event the Licensee informs the Licensor of its decision or desire to reduce its paid up capital below Rs.1,00,00,000/- or such statutory limits as may be fixed by the Maharashtra Rent
Control Act, 1999 the Licensor shall be entitled to terminate this Agreement by giving 30 days advance notice in writing to the Licensee, it being the express intention of the Parties that the Licensee shall under no
circumstances seek protection under the Rent Control Act including any amendment thereto, and that the Licensee shall hand over vacant and peaceful possession of the Licensed Premises 30 days after the Licensor serves the
Licensee with notice of termination as provided hereinafter. 

  

	4)	Notwithstanding anything contained Clauses 1, 2 &3 above, it is hereby agreed and declared that if the Licensee passes a resolution for voluntary winding up or if it is unable to pay its debts or
compromises with its creditors or if a receiver of its property is appointed or if a petition filed under the Companies Act, 1956 for winding up of the Licensee is successful or if the Licensee voluntarily becomes the subject of
proceedings under any bankruptcy or insolvency law, or the Licensee becomes or is declared a sick company under the Sick Industrial Companies Special Provisions Act, 1985 then and in any of such events the Licensor shall be
entitled to terminate this Agreement forthwith and thereupon the Licensee or the person or persons or authority in whom the estate of the Licensee may be vested shall hand over charge of Licensed Premises to the Licensor
forthwith, failing which the Licensor shall be entitled to reenter the Licensed Premises. 

  
 Page 10 of 16 

	5)	The Licensee has represented that WNS (Holdings) Ltd., Jersey (the Ultimate Holding Company) indirectly through its subsidiaries currently holds the total outstanding voting equity shares in the Licensee (Controlling
Interest). Notwithstanding anything to the contrary contained in this Agreement, the Licensee expressly agrees that in the event the Licensee undergoes a change in its ownership such that the Ultimate Holding Company no longer holds at least the
Controlling Interest (being not less than fifty -one percent of the total outstanding voting equity shares) in the Licensee (whether directly or through its direct and indirect subsidiaries), then a fresh Licence may be signed by mutual agreement
between the Licensor and the Licensee within 30 days from the effective date on which the Ultimate Holding Company ceases to own atleast the Controlling Interest in the Licensee (the Ownership Change Date). If the terms of the fresh Licence are not
mutually acceptable, the Licensee shall thus vacate the premises within 15 months from the Ownership Change Date or end of the term of this Agreement, whichever is earlier. 

 

	6)	On the expiry or earlier termination of this licence, the Licensee shall (unless otherwise agreed), within not more than 30 days of such expiry or termination, remove its employees and servants and all its and
their belongings, chattels, articles and things, whether or not affixed to the Licensed Premises (hereinafter called the “said Goods”) from the Licensed Premises, and vacate and hand over quiet and peaceful possession of the Licensed
Premises to the Licensor in the same good order and condition in which they were at the time when the Licensee entered into the Licensed Premises (reasonable wear and tear acceptable). The Licensee shall be liable to pay the
amount of Rs. 11,24,659/- (Rs. Eleven Lakhs Twenty Four Thousand Six Hundred and Fifty Nine only) for each day of the Licensee failing to vacate the Licensed Premises beyond the permitted 30 days period. 

 

	7)	Subject to Clause 5 above and the other provisions of this Agreement, it is expressly agreed between the parties hereto that the occupation of the Licensed Premises by the Licensee immediately after expiry or
sooner determination/ termination of this Agreement shall be an act of trespass and the Licensee shall pay to the Licensor a sum of Rs. 11,24,659/- (Rs. Eleven Lakhs Twenty Four Thousand Six Hundred and Fifty Nine) per day for
occupying the Licensed Premises. This right will be without prejudice to the other remedies available to the Licensor in law. 

  
 Page 11 of 16 

	X.	COMPLIANCE WITH LAW 

  

	1)	Licensee shall comply with all rules, regulations, ordinances and other public requirements now or hereafter pertaining to Licensee’s use of the Licensed Premises and indemnify the Licensor
against any breach thereof. 

  

	2)	Licensor shall comply with all laws, orders, ordinances and other public requirements now or hereafter affecting the Licensed Premises and indemnify the Licensees against any breach thereof.

  

	XI.	ARBITRATION 

  

	1)	If any dispute arises between the parties hereto during the subsistence or thereafter, in connection with the validity, interpretation, implementation or alleged material breach of any of the provisions of this
Agreement or regarding any question including the question as to whether the termination of the Agreement by one party hereto has been legitimate, the parties hereto shall endeavor to settle such disputes amicably. 

 

	2)	In case of the failure of the parties to settle such disputes within 30 days, either party shall be entitled to refer the disputes (if legally possible) to arbitration. The arbitration shall be conducted by a sole
Arbitrator mutually appointed, or in case of disagreement as to the appointment of a sole Arbitrator, by three (3) Arbitrators of which each party shall appoint one Arbitrator and the two appointed Arbitrators shall jointly appoint the third
Arbitrator. The provisions of the Arbitration and Conciliation Act, 1996, including any amendment to it thereto shall govern the Arbitration proceedings. The Arbitration proceedings shall be in English. The place of arbitration will be Mumbai.

  

	XII.	JURISDICTION 

 The Parties expressly agree that only the competent courts of
jurisdiction at Mumbai shall have exclusive jurisdiction in all matters arising hereunder. 

  
 Page 12 of 16 

	XIII.	GOVERNING LAW 

 It is declared and confirmed by the Parties hereto that
what is recorded in this Agreement reflects the true intention of the Parties and whether the Parties shall contend to the contrary. This Agreement shall be governed and construed in accordance with the laws of India.

  

	XIV.	ENTIRE AGREEMENT 

  

	1)	This Agreement and all attachments hereto set for the entire understanding and Agreement between the parties as to the Subject matter of this Agreement and merge and supersede all Previous
communications, negotiations, warranties, representations and agreements either oral or written , With respect to the subject matter hereof and no addition to or Modification of this Agreement shall be binding on either party hereto unless reduced
to writing and duly executed by each of the parties hereto. In the event of any conflict between the terms of this Agreement and the terms of any letter or other document, the terms of this Agreement shall govern. 

 

	2)	In case one or more provisions contained in this Agreement should be or become fully or in part invalid, illegal or unenforceable in any respect under any applicable law, the validity, legality and enforceability of the
remaining provisions of this Agreement shall not in any way be affected or impaired. Any provision which is fully or in part invalid, illegal or unenforceable shall be replaced, if possible under the applicable law ,by a provision which as nearly as
possible fulfills the intent of the invalid, illegal or unenforceable provision. 

  

	XV.	FORCE MAJEURE 

  

	1)	Any delay or failure of performance other than payment of the Licence fee by either party to this Agreement shall not constitute default hereunder or give rise to any claims for damages against that party, if and to the
extent caused by force majeure or matters beyond reasonable control of such party including, but not limited to the acts of GOD, fires, floods, severe droughts, explosion, riots, war, etc. 

  
 Page 13 of 16 

	2)	If the force majeure in question, prevails for a continuous period in excess of 30 days, the parties shall enter into bonafide discussions with a view to access its effects or to agreeing upon such alternative
arrangements as may be fair and reasonable. Upon cessation of the cause or causes for delay or prevention, the party affected by the force majeure shall resume the performance of the contractual obligations. In the event of force majeure the parties
will make their best endeavours to and will take all reasonable measures available to mitigate the effect of such force majeure. 

  

	3)	If the whole or any portion of the Licensed Premises shall, at any time, be destroyed or damaged, so as to be rendered inaccessible or uninhabitable, in whole or in part, other than due to the fault of the
Licensee or if as a result of any of the force majeure events as mentioned in Clause XV the Licensee is prevented from gaining free and unobstructed access to the Licensed Premises, then the license fee to be paid hereunder or
appropriate portion thereof according to the nature and extent of the impediment to occupancy shall cease and be suspended proportionately until the Licensed Premises shall be rendered fit and accessible for use and occupation by the
Licensee. However, if the Licensed Premises is not fit for use and occupation or continues to remain unfit for use and occupation by the Licensee or if the Licensee is prevented from gaining free and unobstructed access to the
Licensed Premises for a period of 90 days or mutually agreed period, then the Licensee shall upon the expiry of the said 90 days or mutually agreed period be entitled to terminate this Agreement by giving to the Licensor 07 days
notice in writing.) 

  

	XVI.	NOTICES 

  

	1)	All notices or other communications required or permitted or be given under this Agreement shall be in writing and shall be either delivered personally or sent by mail, at the following addresses of the parties:

  

	 	a.	to the Licensor at its Registered office mentioned herein, and 

  

	 	b.	to the Licensee at 

  

	 	i.	the Licensed Premises and 

  

	 	ii.	its registered office 

  

	2)	Notice shall be deemed to be given on the seventh business day after such notice is mailed, if sent by registered mail. Any notice shall commence on the day such notice is deemed ought to be given.

  

	3)	A party may change its address for purposes hereof by notice to the other party. 

  
 Page 14 of 16 

	XVII.	Licensor’s Paramount Right on Premises 

 The Licensor has the paramount right on the
said Licensed Premises wherein Licensor shall be entitled to sell, transfer, lease, assign, mortgage, encumber, charge or create any third Party rights of any nature whatsoever in respect of the Licensed Premises in any manner during the term of the
License if such action is not prejudicial to the rights of the Licensee to occupy the Licensed Premises. 
  

	XVIII.	Confidentiality 

 The terms and conditions described in this Agreement including its
existence shall be confidential information and shall not be disclosed by either Party to any third Party except their legal counsel. If any Party determines that it is required by law to disclose information regarding this Agreement, it shall,
within a reasonable time before making any such disclosure or filing, consult with the other Party regarding such disclosure or filing and seek confidential treatment for such portions of the disclosure or filing as may be requested by the other
Party. 
  

	XIX.	No Assignment of Agreement — No Subletting of Premises 

 The Licensee shall not be
entitled to 
 (i) assign the benefit of this Agreement, and 

(ii) sublet or sub-license the Premises or any part thereof. Provided That the Licensee shall, subject to prior written notice to the Licensor,
be entitled to use a part of the Premises by any of its subsidiaries so long as the Licensee shall own and hold at least 51% of the equity shareholding and voting power of such subsidiaries/group companies, and the Licensee shall continue to be
liable for the compliance and performance of the term, provisions and conditions of the Agreement. 
  

	XX.	Usage of Name and Logo 

 Neither Party shall use the other Party’s name and logo
without prior written approval of the other Party. 
  

	XXI.	HEADINGS 

 The subject headings on this Agreement have been placed thereon for the
convenience of the Parties, and shall not be considered in any question of interpretation or construction of this Agreement. 

  
 Page 15 of 16 

 SCHEDULE 

An area of 84,429 sq.ft. lying and situated at the Ground floor, Upper Floor and Lower Ground Floor of Plant Building No. 10 on Survey No. 57(Pt) of
village Vikhroli, corresponding to CTS No. 7 (Pt.) and 67 (Pt.), Mumbai. The above property is bounded by: 
  

			
	Due North:	  	Boundary wall of Godrej & Boyce Mfg. Co. Ltd.
		
	Due South:	  	Internal Road of Godrej & Boyce Mfg. Co. Ltd.
		
	Due East:	  	Internal Road of Godrej & Boyce Mfg. Co. Ltd.
		
	Due West:	  	Office Structure Plant no. 10

 IN WITNESS WHERE OF the parties hereto have executed these presents on the      day of
            , 2016. 
  

											
	 SIGNED, SEALED AND DELIVERED
	  	)	  		  		  		  	Space for Photograph
	 By the within named LICENSOR
	  	)	  		  	  
	  		  	 
	 GODREJ & BOYCE MFG. CO. LTD.
	  	)	  		  	  
 Signature
	  		  	 
	 Through its Executive Vice President
	  	)	  		  		  		  	 
	 MR. Maneck H. Engineer
	  	)	  		  		  		  	
	 In the presence of
            
	  	)	  		  	  
	  		  	
		  		  		  	  
 Thumb Impression
	  		  	
						
	 WITNESS:
	  		  		  		  		  	
						
	 Address:
	  		  		  		  		  	
						
		  		  		  		  		  	
	 SIGNED, SEALED AND DELIVERED
	  	)	  		  		  		  	Space for Photograph
	 By the within named LICENSEE
	  	)	  		  	  

 
	  		  	 
	 WNS Global Services Private Limited
	  	)	  		  	Signature	  		  	 
	Through
its                                    )	  		  		  		  		  	 
	                                      
  )	  		  		  		  		  	
		  		  		  		  		  	
	 In the presence of
            
	  	)	  		  	  
	  		  	
		  		  		  	  
 Thumb Impression
	  		  	
						
	 WITNESS:
	  		  		  		  		  	
						
	 Address:
	  		  		  		  		  	

  
 Page 16 of 16

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00258-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00258-of-00352.parquet"}]]