Document:

Lease dated November 6, 2006

 Exhibit 10.47 
 DATED 6th November 2006 
 Chiltern House Business Centre [Licensor]

 and 
 Synplicity
Europe Limited [Licensee] 
 LICENCE FOR USE 
 of Designated Space being Office Suite 1C 
 (subject to variation as provided in this Agreement) 

at Chiltern House Business Centre 
 PARTICULARS 
  

					
	 Date of Licence
	  	:	  	6th November 2006
			
	 Licensor
	  	:	  	Chiltern House Business Centre, Company No. 3163096 whose registered office is at Chiltern House, 45 Station Road, Henley on Thames, Oxon, RG9 1AT
			
	 Licensee
	  		  	
			
	 Company Title
	  	:	  	Synplicity Europe Limited
			
	 Registered Office
	  	:	  	Carmelite, 50 Victoria Embankment, Blackfriars, London, EC4Y 0DX
			
	 Company Registration No
	  	:	  	3601855
			
	 Period of this Licence
	  	:	  	36 months
			
		  		  	Commencing 1st January 2007
			
		  		  	Expiring 31st December 2009
			
	 Licence Fee
	  	:	  	The licence fee will be £2,917 exclusive per calendar month for the first year of the licence, £4,083 exclusive per calendar month for the second year and £3,500 exclusive per
calendar month for the third

  

 1 

					
	 	  	 	  	year [or such other amount as the Licensor may in its absolute
discretion determine on one calendar months’ notice in writing
to the Licensor]. The first payment of the Licence Fee
(and
Valued Added Tax) in respect of the period commencing on
1st January 2007 and expiring on
31st December 2009 to be
paid no later than the 1st January 2007.
	Deposit	  	:	  	£7,000 to be paid on the date hereof.
	Facilities	  	:	  	 Use of desk and office furniture in the Designated Space on the first floor of Chiltern House Business Centre
 (“the Building”) (or such rooms as may be substituted therefore under the provision of clause 6) the Facilities being available 24 hours per day on a 7 day week
basis.

  

 2 

 THIS LICENCE is made the 6th day of November 2006 
 BETWEEN: 
 The Licensor            Chiltern House Business Centre
Limited 
 AND 
 The
Licensee            Synplicity Europe Limited 
 TERMS OF LICENCE 
  

	1	PARTICULARS 

 The terms set out in the preceding
Particulars shall have the meanings therein ascribed to them in this Licence and shall form part of this Licence. 
  

	2	LICENCE FEE 

 The Licensee shall pay to the Licensor
during the Period of this Licence monthly in advance on the first day of each month the Licence Fee together with Value Added Tax at the rate then prevailing and without making any deductions or set offs. 
  

	3	DEPOSIT 

 The Licensee shall pay to the Licensor on
the signing hereof the Deposit which shall be repaid to the Licensee after the termination of this Licence when the Licensor has received final invoice pertaining to the telephones used by the Licensee and any other services provided by the Licensor
and when the Licensee has returned all keys and passes but the repayment of the Deposit shall be subject to deduction of any sums owing by the Licensee under or by reason of any breach of this Licence including (without limitation) a deduction in
respect of the cost incurred by the Licensor in the removing (and where appropriate) storing any furniture or other items left by the Licensee in or upon the Designated Space or the Building at the expiration of this Licence. No interest is payable
on the Deposit by the Licensor. 
  

 1 

	4	SERVICES 

  

	4.1	In consideration of the payment of the Licence Fee the Licensor shall during the Period of this Licence provide at all times: - 

  

	 	4.1.1	the Facilities 

  

	 	4.1.2	lighting and supply of electricity 

  

	 	4.1.3	reasonable repair and maintenance of the Building and cleaning of the Designated Space 

  

	 	4.1.4	kitchen and toilet facilities for common use 

  

	 	4.1.5	the right to use the telephones in the Office Suite subject to payment of the costs actually incurred 

  

	 	4.1.6	payment of all rates and other outgoings in respect of the Office Suite save as otherwise mentioned 

 and shall also provide during normal weekday business hours (8.45 am to 5.45 pm) or such other reduced hours as the Licensor may direct during public
holiday periods and between Christmas and the New Year:- 
  

	 	4.1.7	heating and air conditioning 

  

	 	4.1.8	staffed reception 

  

	 	4.1.9	telephone answering facilities 

  

	4.2	The Licensor shall not be liable for failure to supply any of the services where the failure is due to cause beyond the reasonable control of the Licensor or during any period of
any necessary maintenance repair or renewal. 

  

	5	LICENSEE’S OBLIGATIONS 

 The Licensee shall
during the Period of this Licence: 
  

	5.1	use the Designated Space and all furniture and equipment therein in a reasonable manner so as not to cause damage to the same 

  

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	5.2	and observe the rules set out in the schedule hereto 

  

	5.3	indemnify the Licensor in respect of any loss or damage (other than loss of profit or other consequential loss) suffered by the Licensor either directly or indirectly as a result of
any breach of this clause, clause 5.1 clause 5.2 or clause 5.4 by the Licensee. 

  

	5.4	comply with such regulations (whether in addition or substitution to those set out in the schedule) as the Licensor shall from time to time make concerning the Designated Space the
Building or the use of any of the facilities or services 

  

	5.5	pay the Licensor forthwith upon being invoiced charges at the appropriate rate in respect of all telephone calls made by the Licensee and all other extra services provided either by
the Licensor or (where the Licensor is initially responsible for the cost) by any other licensee at the Licensee’s request including photocopying refreshments storage and secretarial services (together with any Value Added Tax that may be
payable). The appropriate rate may be varied at any time by the Licensor by a notice to this effect posted on the Licensor’s notice board within the Building]. 

  

	5.6	be responsible for the health and welfare of its staff and visitors. 

  

	5.7	not to cause any nuisance annoyance or interference to any other occupier of the Building 

  

	5.8	comply with any requirements of the Fire Officer and insurers in respect of the use of the Designated Space and/or the Building 

  

	6	SUBSTITUTION 

 The Licensor shall be entitled at any
time to substitute for the Designated Space any reasonably comparable office suite [in the Building] and the Licensee shall not object to such substitution taking place. 
  

	7	ACCESS 

 The Licensor shall have access to the
Designated Space at all times for all purposes including (without limitation) for the purpose of showing the Designated Space to prospective licensees with the intent that the Licensee shall not be entitled to exclusive occupation of the Designated
Space as against the Licensor. 
  

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	8	TERMINATION 

  

	8.1	The Licensor shall be entitled to terminate this Licence at any time if: 

  

	 	8.1.1	the Licensee shall fail to pay any sum or part thereof payable under this Licence on the due date. 

  

	 	8.1.2	the Licensee shall fail to observe or perform any of the Licensee’s obligations herein. 

  

	 	8.1.3	the Building or any part of it is damaged or destroyed by any risk normally covered by a landlord’s comprehensive insurance policy in which event any part of the licence fee
paid in respect of a period after termination shall be refunded to the Licensee. 

  

	 	8.1.4	the Licensee becomes bankrupt (if an individual) or insolvent (if a company) has an administration order made against it or a Receiver appointed or enters into compulsory and
voluntary liquidation or makes any arrangement on composition with its creditors or has distress levied upon its goods in the Building. 

  

	8.2	In the event of the Building or the access to it being damaged or destroyed by any risk normally covered by a Landlord’s comprehensive insurance policy (the policy not having
been vitiated by the act or default of the Licensee) so that the Licensee cannot have reasonable use and enjoyment of the facilities (whether in the Office Suite or any other office suite which the Licensor is able to offer in substitution) the
Licensee may terminate this Licence and any part of the Licence fee paid in respect of a period after such termination shall be refunded to the Licensee. 

  

	8.3	It is agreed that there will be a mutual break clause at 24 months. Three months written notice must be given for either party to exercise the break at this point.

  

	8.4	Any termination of this Licence by effluxion of time or otherwise shall be without prejudice to any rights of the Licensor in respect of any sums due from the Licensee.

  

 4 

	9	LICENCE 

 This Licence is personal to the Licensee
and is not capable of assignment nor shall the Licensee share the use of the Designated Space or allow the same to be used except by the Licensee in person or by employees of the Licensee. Nothing contained herein shall have the effect of creating a
lease or tenancy or confer on the Licensee any estate or right outside the terms of this Licence nor any security of tenure. 
  

	10	NOTICE 

 Any notice by the Licensor to the Licensee
under this Licence shall be deemed sufficiently served if left in the Designated Space. 
  

	11	EMPLOYEES 

 Any act or omission on the part of any
employee of a Licensee shall be deemed to be the act or omission of the Licensee. 
  

	12	JOINT AND SEVERAL 

 Where two or more persons
constitute the Licensee all rights and obligations shall be joint and several. 
  

	13	LOSS OR DAMAGE 

 The Licensor shall not in any
circumstances incur any liability in respect of loss or damage however caused in respect of any property of the Licensee kept in the Designated Space or in any part of the Building save where the same shall have been insured against by the Licensor.

  

	14	INTEREST 

 Any sum due from the Licensee to the
Licensor shall carry interest at 4% above the base rate of HSBC Bank plc from time to time. 
  

	15	LIABILITY 

 Liability for damage caused by failure
of the Licensor or its employees to deliver or pass on any package or message shall be limited to a maximum £10. 
  

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	16	VACATION 

 Upon termination of this Licence the
Licensee shall forthwith vacate the Designated Space and will return all keys and passes and will have no further rights to enter the Building. 
  

	17	INSURANCE 

 It is at all times the responsibility of
the Licensee to insure any personal effects or belongings and to arrange and keep in force all public and employers’ liability cover. 
  

	18	USE 

 The Licensee shall not use the Designated
Space for any purpose other than as offices. 
 THE SCHEDULE 
 The Rules 
  

	1	Not to obstruct the stairs passages or lifts or other common parts of the Building and not to bring in or take out of the Building between the hours of 8.45am and 5.45pm] any items
of a bulky nature. 

  

	2	Not to overload the lifts. 

  

	3	Not to display any poster advertisements or signs in the Designated Space or in other offices or on any furniture or equipment so as to be seen from outside the designated space.

  

	4	Forthwith to notify the Licensor in writing of any damage to the Designated Space and/or the Building. 

  

	5	Not to alter the Designated Space or carry out any works relating to the Designated Space or move any fire extinguishers unless they are required in any emergency.

  

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	6	Not to sleep in the Designated Space or bring any animals into the Building or to use the Designated Space and/or the Building for immoral dangerous or offensive purposes or so as
to cause nuisance or disturbance to any other occupier of the Building. 

  

	7	Not to bring any office furniture or electrical appliances into the Designated Spaces save as may be permitted in writing by the Licensor. 

  

	8	Not to install or connect any computer modem or facsimile line save as may be permitted in writing by the Licensor. 

  

	9	Not to overload the electrical outlets serving the Building and/or the Designated Space. 

  

	10	Not to use the address of the Building in any advertisement direct mail solicitation or circular without the prior written consent of the Licensor. 

  

	11	Not to do anything that might bring the Building into disrepute. 

  

	12	Not to cook or reheat any food within the Office Suite nor within the communal ground floor kitchen area. 

  

	13	To comply with the Licensor’s requirements as to security as notified from time to time. 

  

	14	Not to do anything which would or might cause any policy of insurance in respect of the Building to become void or voidable in whole or in part or which may cause an increase in the
insurance premiums and in particular not to keep any dangerous or hazardous or inflammable materials in the Designated Space. 

  

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	SIGNED on behalf of the Licensor	  	 	  	 
			
	[Emma Lawrenson - Director]	  	 /s/ Emma Lawrenson
	  	
			
	in the presence of:	  		  	
			
	Mark John Heyburn	  	 /s/ Mark John Heyburn
	  	
	9 Bridge Street	  		  	
	Walton On Thames	  		  	
	Surrey KT 121AE	  		  	

  

					
	SIGNED on behalf of the Licensee by	  	 /s/ Gary Meyers
	  	 
	Name (print)	  	Gary Meyers	  	
			
	its duly authorised representative in the presence of:	  		  	

  

					
	Signature of Witness	 	 /s/ Penny Miller
	  	
	Name of Witness	 	Penny Miller
		
	Address	 	600 West California Ave
		 	Sunnyvale, CA 94086
		
	Occupation	 	Corporate Service Manager

  

 8Lease between Registrant and Information Technology Park Ltd.

 Exhibit 10.48 
 INDENTURE OF LEASE 
 THIS INDENTURE MADE AT BANGALORE is dated the date on which the lease is registered with
the Indian State Government. 
 BETWEEN 
 INFORMATION TECHNOLOGY PARK LIMITED, a Company incorporated under the Companies Act, 1956, having its Registered Office at International Tech Park, Whitefield Road, Bangalore 560 066 hereinafter called
“ITPL” (which expression shall unless repugnant to the context or meaning thereof be deemed to include its successors in business and assigns) of the One Part, represented by its Authorised Signatory Mr.S.Chandrasekar;

 AND 
 Synplicity Software India Pvt. Ltd., a Company incorporated under the Companies Act, 1956 having its
registered Office at, Unit NO. 02, 3rd Floor, Innovator, International Tech Park, Bangalore, hereinafter called
“the Lessee” (which expression shall unless repugnant to the context or meaning thereof be deemed to include its successors and permitted assigns) of the Other Part, represented by its Authorised Signatory Dr. H.V.Ananda.

 W H E R E A S 
  

	1.	KIADB granted to ITPL a lease of land for a period of eleven years and thereafter to be converted into freehold, subject to fulfillment of certain conditions.

  

	2.	On ITPL fulfilling the conditions KIADB executed a sale deed in respect of the property and granted a freehold title to ITPL. 

  

	3.	In accordance with the various permissions, ITPL has developed the said land by constructing on the said land inter alia several multi-storied buildings consisting of Office,
Production, Commercial and Residential Units (hereinafter referred to as “the said buildings”) the entire development intended to be used for Electronics, Information Technology, Telecommunication, IT Enabled Services and
other allied activities. 

  

	4.	The Lessee being eligible for allotment of a Unit in the International Tech Park and having evinced an interest in acquiring by way of Lease the Office Unit described in clause 1
herein below and ITPL is agreeable to lease such Office Unit to the Lessee. 

  

	5.	The Parties are now desirous of entering into this Indenture setting out the terms and conditions on which the Office Unit is to be taken on lease by the Lessee.

 NOW THIS INDENTURE WITNESSETH AND IT IS HEREBY AGREED BY AND BETWEEN THE PARTIES HERETO AS FOLLOWS: 
  

	1.0	UNIT DESCRIPTION: 

  

	1.1	Unit No. 01 & 02 having a super built up area of approximately 17,271.81 square feet situated on the Seventh floor of Navigator Building in International Tech Park,
Sadarmangala / Pattandur Agrahara, Whitefield Road, Bangalore and demarcated on the floor plan annexed hereto as ANNEXURE 1 and shown surrounded by a red colour boundary line. 

	2.0	USAGE : 

  

	2.1	The Lessee shall use the Unit only for the purpose of IT/ITES and shall not use the same for any other purpose without the prior written consent of ITPL. 

 

	 2.2
	 ITPL may, if it deems fit and subject to such terms and conditions as may be specified in writing, allow the change of
or carrying on of additional activities, provided that the same are permitted by the terms of the Lease Deed dated 6th June 1995 executed between Karnataka Industrial Area Development Board (“KIADB”) and ITPL and the permissions granted to ITPL by Government bodies/authorities in connection with the IT Park.

  

	2.3	The Lessee undertakes and represents that it has obtained all necessary permissions and approvals as required, to carry out its activities in the Unit and is legally competent to
enter into this Indenture and shall be solely responsible and liable for the same. 

  

	3.	TENURE : 

  

	 3.1
	 The Lease shall be for a fixed term of 3 years. The tenure of the Lease shall be as mentioned in Annexure –
2. The Lease shall commence on 15th January 2007 and ending on 14th January 2010. 

  

	4.	SPECIFICATIONS: 

  

	4.1	The specifications of the Unit are enclosed at ANNEXURE-3. 

  

	5.	CONSIDERATION : 

  

	 5.1
	 Rental: The rent for the unit is Rs.45/- (Rupees Forty Five Only) per square foot per month. The monthly rent
payable is Rs 7,77,231/- (Rupees Seven Lakhs Seventy Seven Thousand Two Hundred And Thirty One only). The rental is payable every month in advance on or before the 5th day of the month. 

  

	5.2	Refundable Security deposit: The Lessee shall deposit an interest free refundable security deposit equivalent to 12 months rental as and by way of security for the due
observance and compliance of the terms and conditions of this Indenture/Byelaws. The amount of such deposit shall be as mentioned in ANNEXURE – 2. The Security Deposit shall be returned to the Lessee after reinstatement of the unit by
the Lessee to its original condition (as was at the time of handover), subject to deduction of such sum as may be due and owing by the Lessee to ITPL under this Indenture including any damages caused to the unit. The Security deposit or such sum
after making the necessary deductions shall be returned by ITPL to the Lessee, within a period of two weeks after handing over vacant, debonded and reinstated possession of the Unit. It is clarified that it shall be the obligation of the Lessee to
reinstate the Unit to its original condition (normal wear and tear excepted). 

	5.4	Late payment: ITPL shall be entitled to charge interest at the rate 15% per annum or part thereof on all delayed payments under the terms of these presents, from the
date the said amount is payable by the Lessee, till the date of payment of the said amount. However such interest shall not be charged unless a 30 days notice in writing has been given and the payment is still due by the lessee.

  

	5.5	Stamp duty and Others: The Lessee shall pay stamp duty, registration charges and other costs and expenses incidental to the registration of this Indenture of Lease.

  

	5.6	Payment Date: The rent shall be payable in advance without any deduction on or before the 5th day of every month. The rental for the first month from the date of lease
commencement shall be payable in advance on a pro-rata basis for the remaining part of the month. All other amounts towards payment of electricity etc shall be paid within a period of 7 days from the date of billing. 

  

	5.7	Services Agreement : The Lessee shall enter into a separate Services Agreement with the ITPL or its assignee(s) in relation to the operation and maintenance of the common
areas and the use of the car park. 

  

	6.	TERMINATION: 

  

	6.1	Subject to clause 5.4 above, ITPL shall be entitled to terminate the lease in the event the Lessee commits any breach of the terms of this Indenture. The liability to pay interest
on delayed payments shall not affect ITPL’s right to terminate these presents or any other legal right that may accrue to ITPL as a result of such breach by the Lessee, including the right to claim damages. A failure by the Lessee to make
payment of the amounts on the dates they are due, will be considered as breach of this Indenture and the consequences provided upon such breach shall follow. 

  

	6.2	In the event the rent and the amounts payable as provided in these presents and any increase therein, shall be in arrears for the period of 30 days after becoming due, or if the
Lessee fails to observe and perform any of the covenants, terms and conditions, it shall be lawful for ITPL at any time thereafter to enter upon the said Unit or any part thereof with power to recover all the arrears of amounts payable as provided
in these presents and thereupon the Lease shall absolutely be determined, but without prejudice to the other legal rights of ITPL in respect of the breach of any of the terms and conditions herein. 

  

	6.3	ITPL shall give a 30 days notice in writing to the Lessee before exercising the aforesaid right of re-entering. The notice shall require the Lessee to pay the amounts payable as
provided in these presents or to make good the breach of the terms and conditions in respect of which the aforesaid right is intended to be exercised by ITPL and the failure by the Lessee to do so within 30 days from the date of receipt of such
notice shall constitute a breach. 

	6.4	The Lock-in period is three years and in the event of premature termination Of Lease during the Lock-in period, the Lessee undertakes to pay the rental for the remaining period of
the lease. However this shall not be applicable, in the event of premature termination being effected by ITPL . 

  

	7.	LESSEE’S RIGHTS AND COVENANTS : 

 The
Lessee shall: 
  

	7.1	Be entitled to the use of the lifts, entrances, staircases, corridors passages and access to the building for the purpose of ingress and egress to and from the said Unit.

  

	7.2	Upon the Lessee paying the rent and the amounts as provided in these presents and observing and performing the terms and conditions of these presents, the Lessee shall during the
said Term, be entitled to quietly enjoy the said Unit without any interruption by ITPL or any person or persons claiming by from and under or in trust for it. 

  

	7.3	Maintain the Unit at the Lessee’s own cost in good and tenantable repair and condition from the date the possession of the Unit has been taken and shall not do or suffer to be
done anything in or to the building in which the Unit is situated or with regard to the staircase, lift/s or any passages or Common Areas and facilities in the building in which the Unit is situated which may be against the rules and regulations of
the concerned local body or any other Authority. 

  

	7.4	Not change/alter or make addition in or to the building in which the Unit is situated or in the Unit itself without the prior written consent of ITPL. 

  

	7.5	Not demolish or cause to be demolished the Unit or any part thereof nor cause any alteration in the elevation and outside colour scheme of the building in which the Unit is
situated. 

  

	7.6	In the event of committing any act in contravention of the above provision, the Lessee shall be responsible and liable for the consequences thereof to the concerned local authority
and/or other public authority and also under these presents. 

  

	7.7	In the event of generating any e-waste the Licensee shall be responsible to dispose all e-waste as per the statutory requirements and environment norms 

  

	7.8	Observe the terms and conditions of this Indenture of Lease and the provisions of the Bye-laws which are subject to change from time to time at the discretion of ITPL and otherwise
abide by all such directions of ITPL and the management of the IT Park for administration and regulation of the IT Park. 

  

	7.9	On the expiration or sooner determination of these presents, the Lessee shall peaceably and quietly yield up peaceful and vacant reinstated possession of the said Unit in a state of
good and tenantable repair and condition, reasonable wear and tear excepted. 

	7.10	Perform and observe all the obligations which the Lessee of the Unit may be liable to perform or observe during the tenure of the Lease. 

  

	7.11	In the event the Unit is bonded with Software Technology Parks of India/Customs/Appropriate Authority, it shall be the Lessee’s sole responsibility to de-bond the Unit and
furnish the necessary Certificate to ITPL, prior to handing back the reinstated vacant possession of the Unit. 

  

	8.0	ITPL’S RIGHTS AND COVENANTS: 

  

	8.1	ITPL shall always be entitled to the balance Floor Area Ratio (FAR) in respect of the land on which the Unit is situated and the Lessee shall not have any interest in the same. In
the event of the Floor Area Ratio (FAR) being increased or made transferable, development rights or the equivalent being available in respect of or on the said land, the same shall inure to the benefit of ITPL. 

  

	8.2	ITPL shall be entitled to make additions, raise storeys, construct additional blocks or structures as may be permitted and the same shall be the property of ITPL, which shall be
free to dispose off the same and the Lessee shall not be entitled to object to such construction or disposition. 

  

	8.3	In the event of the Lessee failing to make any payment, ITPL shall be entitled to cease to provide the services set out in the Services Agreement and shall also be entitled to
disconnect the electricity supply to the Lessee. 

  

	8.4	In the event of any default in payment of the above mentioned amounts and in the event the Lessee makes partial payments towards actual amounts outstanding, the amounts received
shall be allocated as per ITPL’s discretion towards settlement/adjustment of various bills and it shall be ITPL’s prerogative to allocate the said amounts towards earlier bills 

  

	8.5	The entire IT Park including the said land, the buildings constructed thereon, the Facilities and Services, open spaces, Common Areas and Common Amenities and the specialized and
distinctive services provided in the IT Park shall be controlled, maintained and managed by ITPL alone. 

  

	8.6	ITPL shall be entitled to lease, license, agree to lease, or sell other Units in the IT Park subject to such terms and conditions as ITPL may think fit and neither the Lessee nor
the persons deriving title under the Lessee shall have the benefit of the right to enforce or to have enforced or to prevent the release or modification of any covenant, agreement or conditions entered into by the present or future tenant.

  

	8.7	If the Lessee fails to observe any law, direction, order, notice or requirements of any Government or public body or Authority, ITPL may in its sole discretion perform the same and
all expenses and costs incurred thereby shall be recoverable from the Lessee by ITPL. 

	8.8	ITPL shall not be liable to the Lessee for any loss, damage or inconvenience caused directly or indirectly and the Lessee shall not hold ITPL so liable. 

  

	8.9	ITPL shall be entitled to transfer, mortgage or dispose of its interest in the said Unit, provided that the same does not affect or prejudice the rights created in favour of the
Lessee and the Lessee shall not be entitled to object to the same. 

  

	8.10	Holding Over Charges - If on or after expiry or early termination of the term of the Lease, Lessee fails to hand-over the vacant and peaceful possession of the Unit to the ITPL, the
Lessee in that event shall be liable to pay a monthly holding over charge equivalent to double the amount of rent paid for the previous month in lieu of then prevailing Base Rent for the period it remains in possession of the Unit. ITPL shall
however be entitled to avail its legal rights qua the premises against the Lessee irrespective of the payment of Holding over charges and such payment shall not entail any right, whatsoever to the Lessee, over the Unit. The status of the Lessee
during the period of hold-over shall not be more than that of an illegal occupant. 

  

	9.	ARBITRATION:  

  

	9.1	All disputes and differences whatsoever which shall at any time hereafter (whether during the continuance of these presents or upon or after its discharge or determination) arise
between the parties hereto in respect of, concerning or arising out of these presents and the Bye laws pursuant hereto shall be referred to the Arbitration of a Sole Arbitrator if the parties can agree upon one and failing that, the disputes shall
be referred to an Arbitrator to be selected by the Lessee out of a panel of three names submitted by ITPL. 

  

	9.2	The Arbitration shall be conducted in accordance with and subject to the provisions of the Arbitration and Conciliation Act, 1996 or any statutory modification or re-enactment
thereof for the time being in force. The Arbitration shall be held at Bangalore and shall be subject to the exclusive jurisdiction of the Courts at Bangalore. 

  

	10.	INSURANCE 

  

	10.1	The Lessee shall take out comprehensive third party insurance with respect to the Unit covering any act or omission by the Lessee and the Lessee shall pay the premium in respect of
such insurance. 

  

	10.2	The Lessee shall take sufficient and adequate insurance cover with respect to the Unit and its assets and the Lessee hereby indemnifies ITPL against all claims made as the result of
such act or omission by the Lessee. 

	11	INDEMNITY 

  

	11.1	The Lessee under all circumstances fully and effectually and effectively indemnifies ITPL against any and all claims, losses, injuries, liabilities, costs, expenses, damages,
actions or proceedings whatsoever which may be made or taken against ITPL by any person or which may be suffered by ITPL arising out of any action or non action, accident or otherwise, or by any reason of the Lessee’s operations and use of the
Unit and the various facilities. 

  

	12	FORCE MAJEURE 

  

	12.1	Notwithstanding anything to the contrary, in case of any violence, civil commotion, tempest, flood, earthquake, or any inevitable accident or any act beyond Lessee’s reasonable
control causing damage to the Unit or the Building housing the Unit, or in the event of the Unit or the Building housing the Unit or any part thereof is sealed or prohibited to be used by any municipal / governmental/ judicial/ quasi-judicial or
local authority resulting in the Lessee, being unable to use and enjoy the Unit for its business for a continuous period of 30 days and the same not being rectified by the ITPL within 30 days of the same arising, the Lessee shall be entitled to
terminate this Lease, without penalty, by giving fifteen (15) days written notice to the ITPL without assigning any reason thereof. 

  

	13.	NOTICES:  

  

	13.1	All notices, to be served on either of the parties as contemplated by these presents and the Bye laws shall be deemed to have been duly served if sent to the party, by Registered
Post A.D./Under Certificate of Posting/Facsimile/hand-delivery at the respective addresses specified below:- 

 The
Lessee : 
 Synplicity Software India Pvt. Ltd. 
 Unit No. 02, 3rd Floor, 
 Innovator Building 
 International Tech Park Bangalore 
 Whitefield
Road, Bangalore – 560 066 
 Cc: 
 Unit No.01 & 02, 7th Floor 
 Navigator Block 
 International Tech Park Bangalore 
 Whitefield
Road, Bangalore – 560 066 
 ITPL : 
 Information Technology Park Ltd. 
 International Tech Park, Bangalore 
 Whitefield Road, Bangalore 560 066 

	14.	GOVERNING LAW:  

  

	14.1	This Indenture and the Bye laws shall in all respects be governed by the laws of India. 

  

	15.	GENERAL:  

  

	15.1	Words used in this Indenture will have the same meaning assigned to them in the said Bye Laws unless the context thereof requires to the contrary. 

  

	15.2	The terms and conditions laid down in the Bye-laws for the time being and from time to time in force are supplemental to those laid down herein and are for the purpose of carrying
into effect the general terms of these presents. 

 IN WITNESS WHEREOF THE PARTIES HERETO HAVE HEREUNTO SET THEIR HANDS AND SEAL ON THE DAY,
MONTH AND YEAR FIRST HEREINABOVE WRITTEN. 
  

			
	for INFORMATION TECHNOLOGY	  	for SYNPLICITY SOFTWARE INDIA
	 PARK LIMITED
	  	PVT LTD
		
	AUTHORISED SIGNATORY	  	AUTHORISED SIGNATORY

  

	
	WITNESSES:
	
	1. _____________________________________
	
	2. _____________________________________

 Drafted by me 
 Advocate 

 ANNEXURE `1’ 
 FLOOR PLAN OF UNIT 1 TO BE ATTACHED 

 ANNEXURE `2’ 
  

			
	Lessee	  	SYNPLICITY SOFTWARE INDIA PVT LTD
		
	Location	  	 Navigator Building

		
	Unit	  	 01 & 02, 7th
Floor

		
	Area in Sq Feet	  	 17,271.81 sft.

		
	Rent Per sq.ft. in Rs. Per Month	  	 45/-

		
	Per Month	  	 Rs.7,77,231/-

		
	Lease Tenure	  	 3 years i.e. 15th January 2007
to 14th January 2010

		
	Total Security Deposit	  	 Rs 93,26,772 /- (equivalent to 12 months rent)
 Rs.60,00,000/- received on 30th September 2006
 Balance amount of Rs. 33,26,777/- to be paid on or before 31 December 2006

  

			
	For Information Technology Park Ltd	  	For Synplicity Software India Pvt Ltd
		
	Authorised Signatory	  	Authorised Signatory

 ANNEXURE `3’ 
 SPECIFICATIONS TO BE MENTIONED BY ITPL

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