Document:

Form of $50,000,000 Fixed Rate 10-year Note

 Exhibit 4.2 
  

			
	 REGISTERED
	  	PRINCIPAL AMOUNT
	 NO. MTN-2
	  	$50,000,000.00
	 CUSIP NO. 05565M AB 3
	  	 

  
 BRE PROPERTIES, INC.

  
 Medium-Term Note Due Nine Months or More From Date of
Issue 
  
 Unless this Security is presented by an authorized
representative of The Depository Trust Company, a New York corporation, 55 Water Street, New York, New York (“DTC”), to BRE Properties, Inc., a Maryland corporation (herein called the “Company,” which term includes
any successor person under the Indenture referred to on the reverse hereof), or its agent for registration of transfer, exchange or payment, and any Security issued is registered in the name of Cede & Co., or in such other name as is requested
by an authorized representative of DTC (and any payment is made to Cede & Co. or to such other entity as is requested by an authorized representative of DTC), ANY TRANSFER, PLEDGE OR OTHER USE HEREOF FOR VALUE OR OTHERWISE BY OR TO ANY PERSON IS
WRONGFUL since the registered owner hereof, Cede & Co., has an interest herein. 
  
 Unless and until it is exchanged in whole or in part for securities in certificated form, this Security may not be transferred except as a whole by DTC to a nominee of DTC, or by a nominee of DTC to DTC, or to a
successor of DTC or to a nominee of such successor of DTC. 
  

			
	 Original Issue Date: March 17, 2004
	  	 Redeemable at Company’s Option:    Yes   ̈    No  x

	 Maturity Date: March 17, 2014
	  	 The redemption provisions of this Security are not applicable. See Other/Additional Provisions.
 Initial Redemption Date:

	 Interest Rate: 4.697%
	  	 Initial Redemption Price:

	 Interest Payment Dates:
	  	 Initial Redemption Percentage:

	 March 17 & September 17, commencing
	  	 Annual Redemption Percentage Reduction:

	 September 17, 2004
	  	 Redemption Limitation Date:

	 Regular Record Dates:
	  	 Indexed Note:    Yes   ̈    No  x

	 The 15th calendar date
immediately
	  	 Amortizing Note:    Yes   ̈    No  x

	 preceding each Interest Payment Date
	  	 Amortization Schedule:

		
	 	  	 Book-Entry: Yes

	 Original Issue Discount Note:    Yes   ̈    No  x
	  	 Certificated:

	 Total Amount of OID (%): N/A
	  	 Specified Currency: U.S. Dollars

	 Issue Price (percentage of principal): 100%
	  	 Minimum Denomination if other than $1,000:

	 Yield to Maturity (%):
	  	 Authorized Denomination:

	 Initial Accrual:
	  	 (if other than U.S. Dollars)

	 Initial Accrual Period OID (%):
	  	 Sinking Fund:    Yes   ̈    No  x

	 (Constant – Yield Method)
	  	 Option of Holder to Elect Repayment:    Yes   ̈    No  x

	 	  	 Optional Repayment Dates:

	 	  	 Reopening of Notes Previously Issued :    Yes   ̈    No  x

	 	  	 Other /Additional Provisions: See below

	 	  	 

  
 Other/Additional Provisions:
Make-Whole Call 
  
 This Security is redeemable, in whole or
in part, at any time, at the option of the Company, at a Redemption Price equal to the greater of: (a) 100% of the principal amount of this Security then outstanding to be redeemed, or (b) the sum of the present values of the remaining scheduled
payments of principal and interest thereon from the Redemption Date to the Maturity Date computed by discounting such payments to the Redemption Date on a semi-annual basis (assuming a 360-day year consisting of twelve 30-day months) at a rate equal
to the sum of 20 basis points plus the Adjusted Treasury Rate on the third Business Day prior to the Redemption Date, as calculated by an Independent Investment Banker; plus, in each case, accrued and unpaid interest, if any, to the Redemption Date.

 “Adjusted Treasury Rate” means, with respect to any Redemption Date, (a) the yield, under the
heading which represents the average for the immediately preceding week, appearing in the most recently published statistical release designated “H.15(519)” or any successor publication which is published weekly by the Board of Governors
of the Federal Reserve System and which establishes yields on actively traded U.S. Treasury securities adjusted to constant maturity under the caption “Treasury Constant Maturities,” for the maturity corresponding to the Comparable
Treasury Issue (if no maturity is within three months before or after the Remaining Life, yields for the two published maturities most closely corresponding to the Comparable Treasury Issue will be determined and the Adjusted Treasury Rate will be
interpolated or extrapolated from such yields on a straight line basis, rounding to the nearest month); or (b) if such release (or any successor release) is not published during the week preceding the Redemption Date or does not contain such yields,
the rate per annum equal to the semi-annual equivalent yield to maturity of the Comparable Treasury Issue, calculated using a price for the Comparable Treasury Issue (expressed as a percentage of its principal amount) equal to the Comparable
Treasury Price for such Redemption Date. 
  
 “Redemption
Date” means the date fixed by the Company to redeem the Securities. 
  
 “Comparable Treasury Issue” means the U.S. Treasury security selected by an Independent Investment Banker as having a maturity comparable to the remaining term of this Security that would be utilized, at the
time of selection and in accordance with customary financial practice, in pricing new issues of corporate debt securities of comparable maturity to the remaining term of such Securities (“Remaining Life”) or, if, in the reasonable judgment
of the Independent Investment Banker, there is no such security, then the Comparable Treasury Issue will mean the U.S. Treasury security or securities selected by an Independent Investment Banker as having an actual or interpolated maturity or
maturities comparable to the remaining term of the Securities. 
  
 “Comparable Treasury Price” means (1) the average of the Reference Treasury Dealer Quotations for the Redemption Date, after excluding the highest and lowest Reference Treasury Dealer Quotations, or (2) if the Independent
Investment Banker obtains fewer than three such Reference Treasury Dealer Quotations, the average of all such quotations. 
  
 “Independent Investment Banker” means the Reference Treasury Dealer, or if such firm is unwilling or unable to serve as such, an independent
investment banking institution of national standing appointed by the Company. 
  
 “Reference Treasury Dealer” means Credit Suisse First Boston LLC and its respective successors; provided that if the foregoing ceases to be, and has no affiliate that is, a primary U.S. Government securities
dealer (a “Primary Treasury Dealer”), the Company will substitute for it another Primary Treasury Dealer. 
  
 “Reference Treasury Dealer Quotations” means, with respect to each Reference Treasury Dealer and any Redemption Date, the average, as determined
by the Independent Investment Banker, of the bid and asked prices for the Comparable Treasury Issue (expressed in each case as a percentage of its principal amount) quoted in writing to the Independent Investment Banker at 5:00 p.m., New York City
time, on the third Business Day preceding such Redemption Date. 
  
 The Company will mail notice of redemption at least 30 days but not more than 60 days before the applicable Redemption Date to each Holder of this security or portion thereof to be redeemed. If the Company elects to partially redeem this
Security, the Trustee will select the portion to be redeemed pursuant to Section 1103 of the Indenture. Notwithstanding Section 1104 of the Indenture, the notice of such redemption need not set forth the Redemption Price but only the manner of
calculation thereof. The Company shall give the Trustee notice of such Redemption Price immediately after the calculation thereof. 
  
 Upon the payment of the Redemption Price plus accrued and unpaid interest, if any, to the date of redemption, interest will cease to accrue on and after
the applicable Redemption Date on the Securities or portions thereof called for redemption. 
  

 2 

 BRE PROPERTIES, INC., a corporation duly organized and existing under the laws of the State of Maryland
(hereinafter called the “Company”, which term includes any successor corporation under the Indenture referred to below), for value received, hereby promises to pay to CEDE & CO. or registered assigns, the principal sum of FIFTY
MILLION Dollars ($50,000,000.00) on the Maturity Date specified above (except to the extent redeemed or repaid prior to such date) and to pay interest thereon, if any, from the Original Issue Date specified above or from the most recent Interest
Payment Date (as defined below) to which interest has been paid or duly provided for, on the principal amount hereof at the Interest Rate per annum specified above (computed on the basis of a 360-day year of twelve 30-day months), semi-annually in
arrears on the Interest Payment Date, commencing with the Interest Payment Date next succeeding the Original Issue Date specified above, and at Maturity, until the principal hereof is paid or duly provided for. Unless otherwise specified on the face
hereof, the “Interest Payment Dates” shall be June 15 and December 15 of each year. The “Regular Record Dates” shall be June 1 for a June 15 Interest Payment Date and December 1 for a December 15 Interest Payment
Date and the date that is 15 calendar days immediately preceding any other Interest Payment Date, whether or not such date shall be a Business Day. Unless this Security is a Security which has been issued upon transfer of, in exchange for, or in
replacement of, a Predecessor Security (as hereinafter defined), interest on this Security shall accrue from the Original Issue Date indicated above. “Predecessor Security” of any particular Security means every previous security
evidencing all or a portion of the same debt as that evidenced by such particular Security and, for the purposes of this definition, any Security authenticated and delivered under Section 306 of the Indenture in exchange for or in lieu of a
mutilated, destroyed, lost or stolen Security shall be deemed to evidence the same debt as the mutilated, destroyed, lost or stolen Security. If this Security has been issued upon transfer of, in exchange for, or in replacement of, a Predecessor
Security, interest on this Security shall accrue from the last Interest Payment Date to which interest was paid on such Predecessor Security or, if no interest was paid on such Predecessor Security, from the Original Issue Date indicated above. The
interest so payable, and paid or duly provided for, on any Interest Payment Date shall, as provided in the Indenture, be paid to the Person in whose name this Security (or one or more Predecessor Securities) is registered at the close of business on
the Regular Record Date specified above (whether or not a Business Day) next preceding such Interest Payment Date. Notwithstanding the foregoing, (a) if the Original Issue Date of this Security is after a Regular Record Date and before the
corresponding Interest Payment Date, interest so payable for the period from and including the Original Issue Date to but excluding such Interest Payment Date shall be paid on the next succeeding Interest Payment Date to the Holder hereof on the
related Regular Record Date; and (b) interest payable at Maturity shall be paid to the Person to whom principal is payable. 
  
 Except as otherwise provided in the Indenture, any interest not punctually paid or duly provided for will forthwith cease to be payable to the Holder on
such Regular Record Date and may either be paid to the Person in whose name this Security (or one or more Predecessor Securities) is registered at the close of business on a Special Record Date for the payment of such Defaulted Interest to be fixed
by the Trustee, notice of which shall be given to Holders of Securities of this series not less than 10 days prior to such Special Record Date, or be paid at any time in any other lawful manner not inconsistent with the requirements of any
securities exchange on which the Securities of this series may be listed, and upon such notice as may be required by such exchange, all as more fully provided in the Indenture. 
  
 Notwithstanding the foregoing, if an Addendum is attached hereto or “Other/Additional Provisions” apply to this
Security as specified above, this Security shall be subject to the terms set forth in such Addendum or such “Other/Additional Provisions.” 
  
 The principal of, premium, if any, and interest, if any, on, this Security is payable by the Company in the Specified Currency specified above. If this
Security is denominated in a Foreign Currency, in the event that the Foreign Currency is not available for payment at a time at which any payment is required hereunder due to the imposition of exchange controls or other circumstances beyond the
Company’s control or is no longer used by the government of the country issuing such currency or for the settlement of transactions by public institutions within the international banking community, the Company may, in full satisfaction of its
obligation to make such payment, make instead a payment in an equivalent amount of US dollars, determined by the Exchange Rate Agent, as defined below, on the basis of the Market Exchange Rate for such Foreign Currency on the second Business Day
prior to such payment date or, if such Market Exchange Rate is not then available, on the basis of the most recently available Market Exchange Rate; provided, however, that if such Specified Currency is replaced by the Euro, the payment of principal
of (and premium, if any) or interest, if any, on this Security denominated in such currency shall be effected 
  

 3 

 in the Euro in conformity with legally applicable measures taken pursuant to, or by virtue of, the treaty establishing
the European Community, as amended by the treaty on European Unity. The “Exchange Rate Agent” will initially be J.P. Morgan Trust Company, National Association, but may be such other person as designated by the Company from time to time.
The “Market Exchange Rate” for the Specified Currency means the noon dollar buying rate in The City of New York for cable transfers for the Specified Currency as certified for customs purposes by (or if not so certified, as otherwise
determined by) the Federal Reserve Bank of New York. Any payment made under such circumstances in U.S. dollars or the Euro where the required payment is in a Specified Currency other than U.S. dollars or the Euro, respectively, will not constitute
an Event of Default (as defined in the Indenture). 
  
 If the
Specified Currency is a composite currency and if such composite currency is unavailable due to the imposition of exchange controls or other circumstances beyond the Company’s control, then the Company will be entitled to satisfy its
obligations to the Holder of this Security by making such payment in U.S. dollars. The amount of each payment in U.S. dollars shall be computed by the Exchange Rate Agent on the basis of the equivalent of the composite currency in U.S. dollars. The
component currencies of the composite currency for this purpose (collectively, the “Component Currencies” and each, a “Component Currency”) shall be the currency amounts that were components of the composite currency as of the
last day on which the composite currency was used. The equivalent of the composite currency in U.S. dollars shall be calculated by aggregating the U.S. dollar equivalents of the Component Currencies. The U.S. dollar equivalent of each of the
Component Currencies shall be determined by the Exchange Rate Agent on the basis of the most recently available Market Exchange Rate for each such Component Currency, or as otherwise specified on the face hereof. 
  
 If the official unit of any Component Currency is altered by way of
combination or subdivision, the number of units of the currency as a Component Currency shall be divided or multiplied in the same proportion. If two or more Component Currencies are consolidated into a single currency, the amounts of those
currencies as Component Currencies shall be replaced by an amount in such single currency equal to the sum of the amounts of the consolidated Component Currencies expressed in such single currency. If any Component Currency is divided into two or
more currencies, the amount of the original Component Currency shall be replaced by the amounts of such two or more currencies, the sum of which shall be equal to the amount of the original Component Currency. 
  
 All determinations referred to above made by the Exchange Rate Agent shall be
at its sole discretion and shall, in the absence of manifest error, be conclusive for all purposes and binding on the Holder of this Security. 
  
 Until this Security is paid in full or payment therefor in full is duly provided for, the Company will at all times maintain a Paying Agent (which Paying
Agent may be the Trustee) in The Borough of Manhattan in The City of New York. The Company has initially appointed J.P. Morgan Trust Company, National Association as the Paying Agent at its corporate trust offices at the J.P. Morgan Trust Company,
National Association, in care of JPMorgan Chase Bank, Institutional Corporate Trust Securities Window, 55 Water Street, Room 234, North Building, New York, New York 10041. 
  
 If this Security is a Global Security: Unless stated to the contrary on the face hereof, this Security is issuable
only in registered form without coupons in Book-Entry form represented by one or more global notes (each a “Global Security”) registered in the name of Cede & Co., or in the name of another nominee of The Depository Trust Company (the
“DTC”). The single global security will represent all notes issued on the same day and having the same terms, including, without limitation, the same interest payment dates, rate of interest, maturity and redemption or repayment
provisions, if any. 
  
 Payments of principal, premium, if any,
and interest, if any, on this Security will be made to DTC or its nominee, as Holder of this Security, by wire transfer of immediately available funds. 
  
 If this Security is not a Global Security: Payment of interest, if any, on this Security will be made on any Interest Payment Date (other than at
Maturity) by check mailed to the Person entitled thereto at such Person’s last address as it appears in the Security Register or, in the case of a Holder of $10,000,000 (or, if the specified currency is other than U.S. dollars, the equivalent
thereof in the specified currency) or more in aggregate principal amount of Securities of this series whether having identical or different terms and provisions, by wire transfer of immediately available funds if the applicable Holder has delivered
appropriate wire transfer instructions in writing to the Paying 
  

 4 

 Agent not later than 15 calendar days prior to the applicable Interest Payment Date and, unless revoked by written notice
to the Paying Agent received by the Paying Agent on or prior to the Regular Record Date immediately preceding the applicable Interest Payment Date, shall remain in effect with respect to any further payments with respect to this Security payable to
such Holder. Payment of principal of, premium, if any, and interest, if any, on this Security at Maturity will be made in immediately available funds, upon presentation and surrender of this Security and in the case of any repayment on an optional
repayment date, upon submission of a duly completed election form, if and as required by the provisions relating to repayment of the securities at the option of the Holder, at the office or agency maintained by the Company for that purpose in The
Borough of Manhattan, The City of New York, which at the date hereof is the corporate trust office of the Trustee located at the J.P. Morgan Trust Company, National Association, in care of JPMorgan Chase Bank, Institutional Trust Securities Window,
55 Water Street, Room 234, North Building, New York, New York 10041. 
  
 No service charge shall be made for any such registration of transfer or exchange, but the Company may require payment of a sum sufficient to cover any tax or other governmental charge payable in connection therewith. 
  
 Any payment on this Security due on any day which is not a Business Day need
not be made on such day, but may be made on the next succeeding Business Day with the same force and effect as if made on the due date and no additional interest shall accrue on the amount so payable for the period from and after such date. For
purposes of this Security, “Business Day” means any day that is not a Saturday or Sunday and that is not a legal holiday or a day on which banking institutions are generally authorized or obligated by law, regulation or executive
order to close in the City of New York, New York or any other place where the principal of, premium, if any, and interest on, the Security is payable. 
  
 Reference is hereby made to the further provisions of this Security set forth on the reverse hereof, which further provisions shall for all purposes have
the same effect as if set forth at this place. 
  
 Unless the
certificate of authentication hereon has been executed by the Trustee referred to on the reverse hereof by manual signature or its duly authorized agent referred to on the reverse hereof by manual signature, this Security shall not be entitled to
any benefit under the Indenture (as defined on the Reverse of Note) or be valid or obligatory for any purpose. 
  

 5 

 IN WITNESS WHEREOF, the Company has caused this instrument to be duly executed. 
  
 Dated: 
  

			
	BRE PROPERTIES, INC.
		
	By:	 	  

	 	 	 Frank C. McDowell

	 	 	 Chief Executive Officer

  
 ATTEST: 
  

	
	

	 Edward F. Lange, Jr.

	 Executive Vice President, Chief Financial

	 Officer and Secretary

  
 TRUSTEE’S CERTIFICATE OF
AUTHENTICATION 
  
 This is one of the Securities of the 
 series designated therein referred to 
 in the within-mentioned Indenture.

  

	
	 J.P. MORGAN TRUST COMPANY, NATIONAL ASSOCIATION,

	     as Trustee

	
	 By:

	         Authorized Signatory

  

 6 

 [Reverse of Note] 
  

BRE PROPERTIES, INC. 
  
 MEDIUM-TERM FIXED RATE NOTE 
  
 DUE NINE MONTHS OR MORE FROM THE DATE OF ISSUE 
  
 General 
  
 This Security is one of a duly authorized issue of securities of the Company (herein called the “Securities”), of the series hereinafter specified and issued under an Indenture dated as of June 23,
1997, as amended by a First Supplemental Indenture dated as of April 23, 1998 (as further amended or supplemented from time to time, the “Indenture”), between the Company and J.P. Morgan Trust Company, National Association
(successor to Chase Manhattan Bank and Trust Company, National Association), as Trustee (herein called the “Trustee”, which term includes any successor trustee under the Indenture), and reference is hereby made to the Indenture, and
the Officers’ Certificate filed with the Trustee on December 6, 2001 pursuant to Section 301 of the Indenture creating the series designated on the face hereof, for a statement of the respective rights, limitations of rights, duties and
immunities thereunder of the Company, the Trustee and the Holders of the Securities, and of the terms upon which the Securities are, and are to be, authenticated and delivered. The acceptance of this Security shall be deemed to constitute the
consent and agreement by the Holder hereof to all of the terms and provisions of the Indenture. This Security is one of the series of the Securities designated above, of the Company, which series is limited initially to an aggregate principal amount
of $300,000,000 or the equivalent thereof in one or more foreign or composite currencies, provided, however that the series may be reopened, without the consent of the Holders, for the issuance of additional Securities as may be authorized by the
Company from time to time. The Securities of this series may mature at different times, bear interest, if any, at different rates, be redeemable at different times or not at all, be repayable at the option of the Holder at different times or not at
all, be issued at an original issue discount and be denominated in different currencies. 
  
 The Securities are issuable in registered form without coupons, unless otherwise specified on the face hereof, and will be either (a) book-entry securities represented by one or more global securities recorded in the
book-entry system maintained by DTC or any successor to DTC in its capacity as depository for the Securities (the “Depository”) or (b) certificated securities issued to and registered in the names of, the beneficial owners or their
nominees. 
  
 Covenants 
  
 The Company shall be subject to the covenants and agreements contained in
the Indenture with respect to the Securities. 
  
 Events of Default

  
 If an Event of Default, as defined in the Indenture, with
respect to Securities of this series shall occur and be continuing, the principal of the Securities of this series may be declared due and payable in the manner and with the effect provided in the Indenture. 
  
 Modification and Waivers; Obligation of the Company Absolute 
  
 The Indenture permits, with certain exceptions as therein provided, the
Company, when authorized by or pursuant to a board resolution, and the Trustee to enter into an indenture or indentures supplemental to the Indenture for the purpose of adding any provisions to or changing in any manner or eliminating any of the
provisions of the Indenture or of the Securities of a series or of modifying in any manner the rights of the Holders of the Securities of a series under the Indenture, with the consent of the Holders of not less than a majority in principal amount
of all outstanding Securities of each series affected by such supplemental indenture, by act of said Holders delivered to the Company and the Trustee. The Indenture also contains provisions permitting the Company to omit in any particular

  

 7 

 instance to comply with any term, provision or condition set forth in the covenants contained in the Indenture, if before
or after the time for such compliance the Holders of at least a majority in principal amount of all outstanding Securities of such series, by act of such Holders, either waive such compliance in such instance or generally waive compliance with such
covenant or condition, but no such waiver shall extend to or affect such covenant or condition except to the extent so expressly waived, and, until such waiver shall become effective, the obligations of the Company and the duties of the Trustee in
respect of any such term, provision or condition shall remain in full force and effect. Certain past defaults under the Indenture and their consequences may be waived under the Indenture by the Holders of not less than a majority in principal amount
of the outstanding Securities of a series, on behalf of the Holders of all Securities of such series. 
  
 No reference herein to the Indenture and no provision of this Security or of the Indenture shall alter or impair the obligation of the Company, which is
absolute and unconditional, to pay the principal of, premium, if any, and (subject to Sections 305 and 307 of the Indenture) interest on, and any Additional Amounts in respect of, this Security on the respective due dates prescribed. 
  
 Defeasance and Covenant Defeasance 
  
 The Indenture contains provisions for defeasance at any time of (a) the
entire indebtedness on this Security and (b) certain restrictive covenants and certain Events of Default, upon compliance by the Company with certain conditions set forth therein, which provisions apply to this Security. 
  
 Redemption 
  
 If so provided on the face hereof, the Company may at its option redeem this Security in whole or from time to time in part
in increments of $1,000, or any other integral multiple of an authorized denomination specified on the face hereof, (provided that any remaining principal amount of this Security shall not be less than $1,000 or such other minimum authorized
denomination hereof) on or after the date designated as the Initial Redemption Date on the face hereof at 100% of the unpaid principal amount hereof or the portion thereof redeemed multiplied by a percentage (the “Redemption Percentage”),
together with accrued interest, if any, to the Redemption Date. The Redemption Percentage shall initially be equal to the Initial Redemption Percentage specified on the face hereof and shall decline at each anniversary of the Initial Redemption Date
by the amount of the Annual Redemption Percentage Reduction specified on the face hereof, until the Redemption Percentage is equal to 100%. The Company may exercise such option by causing the Trustee to mail a notice of such redemption not less than
30 nor more than 60 calendar days prior to the applicable Redemption Date to each Holder of the Securities of this series to be redeemed. In the event of redemption of this Security in part only, the Company shall execute and the Trustee shall
authenticate and deliver to the Holder of such Security, without service charge, a new Security or Securities, of any authorized denomination as requested by such Holder in aggregate principal amount equal to and in exchange for the unredeemed
portion of the principal of the Security so surrendered. If less than all of the Securities of this series issued on the same day with the same terms are to be redeemed, the Securities to be redeemed shall be selected by the Trustee by such method
as the Trustee shall deem fair and appropriate. 
  
 Sinking Fund

  
 Unless otherwise specified on the face hereof, this
Security will not be subject to, or entitled to the benefit of any sinking fund. 
  
 Repayment at Holder’s Option 
  
 If so
provided on the face hereof, this Security will be repayable prior to the Maturity Date at the option of the Holder, in whole or in part and in increments of $1,000 (provided that any remaining principal amount of this Security surrendered for
partial repayment shall not be less than the minimum authorized denomination hereof), on or after the date designated as an Optional Repayment Date on the face hereof at 100% of the unpaid principal amount to be repaid, plus accrued unpaid interest,
if any, to the Repayment Date. In order for this Security to be repaid, the Trustee must receive at the applicable address of the Trustee set forth below or at such other place or places of which the Company shall from time to time notify the Holder
of the within Security, not less than 30 nor 
  

 8 

 more than 60 calendar days prior to an Optional Repayment Date, this Security and, in the case of a certificated note,
with the form below entitled “Option to Elect Repayment” duly completed, or, in the case of a Global Security, repayment instructions from the applicable beneficial owner to the Depository and forwarded by the Depository. Any such election
shall be irrevocable. The address to which such deliveries are to be made is the corporate trust office of the Trustee located on the date hereof at 101 California Street, Suite 3800, San Francisco, CA 94111-5830 (or at such other place as the
Company shall notify the Holders of the Securities of this series). All questions as to the validity, eligibility (including time of receipt) and acceptance of any Security for repayment will be determined by the Company, whose determination will be
final and binding. Upon any partial repayment, this Security shall be cancelled and a new Security or Securities for the remaining principal amount hereof shall be issued in the name of the Holder of this Security. Beneficial owners of Global
Securities electing to have all or a portion of their book-entry Securities repaid must instruct the participant through which they own their interest to direct DTC or its nominee as Holder of the Security to exercise the repayment option on their
behalf. 
  
 Authorized Denominations 
  
 Unless otherwise provided on the face hereof, this Security is issuable only
in registered form without coupons. Unless a different minimum authorized denomination is set forth on the face hereof, this Security is issuable in minimum denominations of (i) if the Specified Currency of this Security is U.S. dollars, U.S. $1,000
and in any larger amount in integral multiples of $1,000, and (ii) if the Specified Currency of this Security is a currency other than U.S. dollars (a “Foreign Currency”), the equivalent in such Foreign Currency determined in accordance
with the Market Exchange Rate (as defined below) for such Foreign Currency on the Business Day immediately preceding the date on which we accept an offer to purchase a Security, of U.S. $1,000 (rounded to an integral multiple of 1,000 units of the
Foreign Currency), and in any larger amount in integral multiples of 1,000 units. 
  
 Registration of Transfer 
  
 Upon surrender for
registration of transfer of this Security at the corporate trust office of the Trustee in The Borough of Manhattan, The City of New York, a new Security or Securities of this series in authorized denominations for an equal aggregate principal amount
will be issued to the transferee in exchange herefor, as provided in the Indenture and subject to the limitations provided therein and to the limitations described below, without charge except for any tax or other governmental charge imposed in
connection therewith. 
  
 If this Security is a Global Security,
this Security is exchangeable for definitive Securities in registered form only if (x) the Depository notifies the Company that it is unwilling or unable to continue as Depository for this Security or if at any time the Depository ceases to be a
clearing agency registered under the Securities Exchange Act of 1934, as amended, if so required by applicable law or regulation, and, in either case, the Company does not appoint a successor Depository with respect to this Security within 90 days
after receiving such notice or after becoming aware that the Depository has ceased to be so registered as a clearing agency, (y) the Company in its sole discretion determines that this Security shall be exchangeable for definitive Securities in
registered form and notifies the Trustee thereof or (z) an Event of Default with respect to the Securities represented hereby has occurred and is continuing and beneficial owners representing a majority in aggregate principal amount of the
outstanding Securities represented by the Global Security advise the Depository to cease acting as depository. If this Security is exchangeable pursuant to the preceding sentence, it shall be exchangeable for definitive Securities in registered
form, bearing interest at the same rate, having the same date of issuance, redemption provisions, Maturity Date and other terms and of authorized denominations aggregating a like amount. 
  
 If this Security is a Global Security (as specified above), this Security may not be transferred except as a whole to a
nominee of the Depository, or by a nominee of the Depository to the Depository, or to a successor of the Depository or to a nominee of such successor of the Depository. Except as provided above, owners of beneficial interests in this Global Security
will not be entitled to receive physical delivery of Securities in definitive form and will not be considered the Holders hereof for any purpose under the Indenture. 
  
 Prior to due presentment of this Security for registration of transfer, the Company, the Trustee and any agent of the
Company or the Trustee may treat the Person in whose name this Security is registered as the owner hereof for all purposes, whether or not this Security be overdue, and neither the Company, the Trustee nor any such agent shall be affected by notice
to the contrary. 
  

 9 

 No Personal Recourse 
  
 No recourse shall be had for the payment of the principal of, premium, if any, or interest, if any on, this Security, or for any claim based hereon, or
otherwise in respect hereof, or based on or in respect of the Indenture or any indenture supplemental thereto, against any incorporator, stockholder, officer or director, as such, past, present or future, of the Company or any of its respective
successor corporations (or other entities), whether by virtue of any constitution, statute or rule of law, or by any assessment or penalty or otherwise, all such liability being, by the acceptance hereof and as part of the consideration for the
issuance hereof, expressly waived and released. 
  
 Defined Terms

  
 All terms used in this Security which are defined in the
Indenture shall have the meanings assigned to them in the Indenture. 
  
 Governing Law 
  
 This Security shall be governed
by and construed in accordance with the law of the State of New York, without regard to principles of conflicts of laws, except to the extent that the Trust Indenture Act shall be applicable. 
  

 10 

 OPTION TO ELECT REPAYMENT 
 TO BE COMPLETED ONLY IF THIS SECURITY IS REPAYABLE 
 AT THE OPTION OF THE HOLDER AND THE HOLDER 
 ELECTS TO EXERCISE SUCH RIGHT 
  
 The undersigned hereby irrevocably requests and instructs the Company to repay the within Security (or the portion thereof specified below), pursuant to
its terms, on the Optional Repayment Date first occurring after the date of receipt by the Company of the within Security as specified below (the “Repayment Date”), at a Repayment Price equal to 100% of the principal amount thereof,
together with interest to the Repayment Date, to the undersigned,
                                        
        , at
                                        
         (please print or typewrite name and address of the undersigned). 
  
 For this option to elect repayment to be effective, the Company must receive, at the applicable address of the Paying Agent set forth in the within
Security or at such other place or places of which the Company shall from time to time notify the Holder of the within Security, at least 30 but not more than 60 calendar days prior to an Optional Repayment Date, either (i) this Security, with this
“Option to Elect Repayment” form duly completed, or (ii) a telegram, telex, facsimile transmission, or letter from a member of a national securities exchange or the National Association of Securities Dealers, Inc. or a commercial bank or a
trust company in the United States of America setting forth (a) the name, address and telephone number of the Holder of the Security, (b) the principal amount of the Security and the amount of the Security to be repaid, (c) a statement that the
option to elect repayment is being irrevocably exercised thereby, and (d) a guarantee stating that the Security to be repaid with the form entitled “Option to Elect Repayment” on the addendum to the Security duly completed will be received
by the Company not later than five Business Days after the date of such telegram, telex, facsimile transmission or letter (and such Security and form duly completed are received by the Company by such fifth Business Day). 
  
 If less than the entire principal amount of the within Security is to be
repaid, specify the portion thereof (which shall be an integral multiple of $1,000) which the holder elects to have repaid:
$                        . 
  
 If less than the entire principal amount of the within Security is to be repaid, specify the denomination or denominations (which shall be $1,000 or an
integral multiple thereof) of the Security or Securities to be issued to the holder for the portion of the within Securities not being repaid (in the absence of any specification, one such Security will be issued for the portion not being repaid):
$                        . 
  
 Date:                          

 
 Notice: The signature to this Option to Elect 
 Repayment must correspond with the name as 
 written on the face of the within Security in 
 every particular without alteration or 
 enlargement or any change whatsoever. 
  

 11 

 ABBREVIATIONS 
  
 The following abbreviations, when used in the inscription on the face of this instrument, shall be construed as though they were written out in full
according to applicable laws or regulations: 
  
 TEN COM –
as tenants in common 
  
 TEN ENT – as tenants by the
entireties 
  
 JT TEN – as joint tenants with right of
survivorship and not as tenants in common 
  
 UNIF GIFT MIN ACT
–                              Custodian
                         
  
                       (Custodian)
                            (Minor) 
  
 Under Uniform Gifts to Minors Act 
  

			
	 	 	

	 	 	 (State)

  
 Additional
abbreviations may also be used though not in the above list. 
  
 FOR VALUE RECEIVED, the undersigned hereby sell(s), assign(s) and transfer(s) unto 
  
 Please Insert Social Security or 
 Other Identifying Number of Assignee 
  

  

  

  

  
 (PLEASE PRINT OR TYPE NAME AND ADDRESS INCLUDING POSTAL 
 ZIP CODE OF ASSIGNEE) 
  
 the within Security of BRE PROPERTIES, INC. and all rights thereunder and does hereby irrevocably constitute and appoint
                             attorney to transfer the said Security on the books of the within-named
Company, with full power of substitution in the premises. 
  
 Dated:
                                        
             
  

	
	

	 Signature Guaranteed:

  
 NOTICE: The signature to this
assignment must correspond with the name as written upon the face of the within Security in every particular, without alteration or enlargement or any change whatsoever. 
  

 12Lease dated May 8, 2003

 Exhibit 10.28 
  
 INDENTURE OF LEASE 
  
 THIS INDENTURE MADE AT BANGALORE this 8th day of May Two thousand and three 
  
 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, represented by its Authorised Signatory Mr. Dinesh Gopalan hereinafter called “ITPL” (which expression shall unless repugnant to the context or meaning thereof be deemed to include its successors-in
-interest and assigns) of the One Part, 
  
 AND 
  
 SYNPLICITY SOFTWARE INDIA PRIVATE LIMITED, a Company under the Companies Act, 1956 having
its registered Office at Unit 2, Third floor, Innovator Building, International Tech Park, Whitefield road, Bangalore – 560 066 represented by its Authorised Signatory Mr. H.V. Ananda 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. 
  

 1 

 WITNESSETH AS FOLLOWS:- 
  

W H E R E A S 
  

	1.	KIADB granted to ITPL 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 a portion 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 to be used as an Information Technology Park for Electronics, Information Technology, Telecommunication 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 Unit and ITPL is agreeable to lease
such Unit to the Lessee. 

  

	5.	The parties are now desirous of entering into this Indenture setting out the terms and conditions on which the 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.	UNIT DESCRIPTION:  

  

	1.1	Unit No. 02 having a super built up area of approximately 3,936.82 square feet ( subject to plus or minus 3%) situated on the Third Floor of Innovator 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 

	2.	USAGE : 

  

	2.1	The Lessee shall use the Unit only for the purpose of Software Development and Sales and Marketing activities 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 to carry out the above activities and shall be solely responsible and liable for the same. 

  

	3.	TENURE : 

  

	3.1	The Lease shall be for a fixed term of three years. The tenure of the lease shall be as mentioned in ANNEXURE 2. The Lease shall commence on 1 May 2003 and end on 30 April
2006. 

  

	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.43 per square foot per month. The monthly rent is Rs. 1,69,283.26/- (Rupees one lakh sixty nine thousand two hundred and eighty three and
paise twenty six only) 

  

	5.2	Security deposit: The lessee shall deposit an interest free refundable security deposit equivalent to 12 months rentalfor the due observance and compliance of the
terms and conditions of this Indenture / Byelaws . The amount of such deposit and manner of payment is as mentioned in ANNEXURE 2. The Security 

  

 3 

	 	 
Deposit shall be returned 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 within a period of two weeks after handing over possession of the unit. 

  

	5.3	Late payment: ITPL shall be entitled to charge interest at 2% per month or part thereof on all delayed payments under the terms of these presents, from the due date till the
date of payment in full. 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. 

  

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

  

	5.5	Payment Date: The rent has to be paid 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 receipt of the bill.

  

	6.	TERMINATION: 

  

	6.1	Subject to clause 5.3 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 right which 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 hereunder 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 

  

 4 

	 	 
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 not be entitled to exercise the aforesaid right of re-entering unless and until ITPL shall have given a notice in writing to 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. 

  

	6.4	In the event of premature termination of Lease, 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 the lessor. 

  

	7.	LESSEE’S RIGHTS AND COVENANTS : 

  

	7.1	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 and peacefully enjoy the said Unit without any interruption by ITPL or any person or persons claiming any right or interest under it. 

  

	7.3	To maintain the Unit at the Lessee’s own cost in good and tenantable repair and condition from the date possession of the Unit is 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 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	Shall 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.

  

 5 

	7.5	Neither demolish nor cause to be demolished the Unit nor 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 to the Lessor. 

  

	7.7	To observe the terms and conditions of this Indenture of Lease and the provisions of the Bye-laws which may be subject to change from time to time at the discretion of ITPL and to
abide by all such directions of ITPL and the management of the IT Park for administration and regulation of the IT Park. 

  

	7.8	On the expiration or sooner determination of these presents, the Lessee shall peacefully and quietly deliver vacant possession of the said Unit in a state of good and tenantable
condition, reasonable wear and tear excepted. 

  

	7.9	The Lessee shall perform and observe such duties and obligations during the subsistence of this Indenture 

  

	7.10	In the event the unit is bonded with STPI, it shall be the Lessee’s sole responsibility to debond the unit and furnish the necessary certificate to ITPL.

  

	8.	ITPL’S RIGHTS AND COVENANTS: 

  

	8.1	ITPL shall always be entitled to the balance Floor Area Ratio (FAR) in respect of the said land and the Lessee shall not have any right or 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 enure to the benefit of ITPL. 

  

	8.2	 ITPL shall be entitled to make all such further and/or addition constructions, vertically or horizontally, as may be permitted and the same will be the property

  

 6 

	 	 
of ITPL and ITPL shall have the right to dispose of the same and the Lessee shall not have any right 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 and shall also be entitled to disconnect the electricity
supply to the Lessee. 

  

	8.4	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 specific and
distinctive services provided in the IT Park shall all be controlled, maintained and managed by ITPL alone. 

  

	8.5	ITPL shall be entitled to let or agree to let or sell other Units in the IT Park subject to such terms and conditions as ITPL may think fit and nothing herein contained shall be
deemed to create a scheme for letting out of units in IT Park or building or any part thereof and neither the Lessee nor the persons deriving any interest 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. 

  

	8.6	If the Lessee fails to observe any law, direction, order, notice or requirements of any Government or public body or authority ITPL may in it’s absolute and sole discretion
perform the same and all such expenses and costs incurred thereby shall be recoverable from the Lessee by ITPL. 

  

	8.7	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. 

  

	8.8	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. 

  
  

 7 

	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, touching 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 such appointment and failing
which, 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 a third party insurance against any loss or damage caused to any third party occupying any other Unit within the IT Park as a result of any act or omission
by the Lessee and the Lessee shall pay the premium in respect of such insurance. 

  

	10.2	The Lessee shall be liable against any loss or damage caused to any third party occupying any other Unit within the IT Park as a result of any act or omission by the Lessee and the
Lessee hereby indemnifies ITPL against all claims made as the result of any act or omission by the Lessee. 

  

	10.3	 The Lessee shall not do or suffer to be done on or in the Unit or the building or IT Park anything whereby any insurances of the Unit the building or other
buildings in the IT Park or any part thereof, if any, effected by ITPL (which the Lessor may have effected though not bound or obliged to do) may be rendered void or voidable or whereby the premium thereon may be increased and to repay to ITPL on
demand all sums paid by ITPL by way of increased premium and all 

  

 8 

	 	 
expenses incurred by ITPL in connection with insurance rendered necessary by a breach or non-observance of this covenant without prejudice to any other
rights and remedies available to ITPL. 

  

	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.	NOTICES:  

  

	12.1	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, 
 Whitefield Road, Bangalore – 560 066 
  
 ITPL : 
  
 Information Technology Park Ltd. 
 International Tech Park 
 Whitefield Road, Bangalore 560 066 
  

	13.	GOVERNING LAW: 

  

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

  

 9 

	14.	GENERAL: 

  

	14.1	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. 

  

	14.2	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 AND YEAR FIRST HEREINABOVE WRITTEN. 
  

					
	 for INFORMATION TECHNOLOGY
 PARK
LIMITED
	 	 	 	 for SYNPLICITY SOFTWARE INDIA
 PRIVATE
LIMITED

			
	 /s/ Dinesh Gopalan
	 	 	 	 /s/ H.V. Ananda

	
	 	 	 	

			
	AUTHORISED SIGNATORY	 	 	 	AUTHORISED SIGNATORY

  
 WITNESSES: 
  
 1. 
 /s/ Sejal Hathiwala 
 Information Technology Park Ltd 
 3rd Floor, Discoverer Building 
 International
Tech Par 
 Whitefield Road, Bangalore 560 066 
  
 2. 
 /s/ Mahesh Laxman 
 Information Technology Park Ltd 
 3rd Floor,
Discoverer Building 
 International Tech Park 
 Whitefield Road, Bangalore 560 066 
  
 Drafted by me 
  

	
	
	 /s/ Mr. B.G. Latha

	

	 Advocate

  

 10 

 ANNEXURE 1 
  

 
  
 (GRAPHIC) 
  
 INNOVATOR 
 (OFFICE TOWER-1) 
 THIRD & FIFTH
FLOOR PLAN 
  

 11 

			
	 ANNEXURE 2
  

		
	 CLIENT
	 	Synplicity Software India Pvt Ltd
		
	 LOCATION
	 	Third Floor, Innovator
		
	 UNIT
	 	02
		
	 AREA IN SQ FT
	 	3936.82
		
	 RENT PER SQFT IN RS
	 	43
		
	 PER MONTH
	 	169283.26
		
	 LEASE TENURE
	 	1 May 2003 to 30 April 2006
		
	 RENT PAYABLE FROM
	 	1 May 2003
		
	 TOTAL SECURITY DEPOSIT PAID
	 	2031399.12
		
	 For Information Technology Park Ltd
	 	For Synplicity Software India Pvt Ltd
		
	 /s/ Dinesh Gopalan
	 	/s/ H.V. Ananda
		
	 Authorised Signatory
	 	Authorised Signatory

  

 ANNEXURE 3 
  
 BUILDING SPECIFICATIONS FOR OFFICES (INNOVATOR 
 AND DISCOVERER BUILDINGS) 
  

	1.1	Structure 

  
 Cast insitu post-tensioned beams and precast Holocor slabs finished with structural topping is provided for the Offices (Innovator/ Discoverer) Blocks.
Reinforced concrete walls are provided in the service lift and staircase areas. 
  

	1.2	Floor Loading, Ceiling Heights and Column Grids 

  

	1.2.1	Innovator 

  

									
	 SI. No.

	 	 Level

	 	 Floor Loading
 In KN/M2

	 	 Ceiling height
 In Meter

	 	 Column Grids
 In Meter

	 1.2.1.1
	 	Upper Ground Floor	 	5	 	3.2	 	12 x 12
	 1.2.2.2
	 	1st floor to 11th floor	 	3.5	 	2.6	 	12 x 12

  

	1.2.2 	Discoverer 

  

									
	 SI. No.

	 	 Level

	 	 Floor Loading
 In KN/M2

	 	 Ceiling height
 In Meter

	 	 Column Grids
 In Meter

	 1.2.2.1
	 	Upper Ground Floor	 	5	 	3.2	 	12 x 16
	 1.2.2.2
	 	1st floor to 13th floor	 	3.5	 	2.6	 	12 x 16

  

	1.3	External Walls 

  

	 	1.3.1	Granite cladding for the bottom three levels in modern dry fixing method. 

  

	 	1.3.2	Aluminium cladding with fluorocarbon paint finish and heat strengthened solar reflective glazing for the curtain wall system. 

  

	1.4	Floor Finishes 

  

			
	 1.4.1  Office Space
          (Innovator & Discoverer)
	 	 :        Structural topping with power floated finish

	 1.4.2 Passenger Lift Lobbies
	 	 :        Vitrified homogenous tiles

	 1.4.3 Toilets
	 	 :        Vitrified homogenous tiles

		
	 1.5    Internal Walls
	 	 
		
	 1.5.1 Between Creator and Innovator
	 	 :        Tenancy separation walls from Upper Ground Floor to 5th Floor Level made up of block work plaster and paint.

	 1.5.2  Passenger Lift Lobbies
	 	 :        RC wall with tiled finish

	 1.5.3 Toilets
	 	 :        Block work with tiled finish.

  

			
	 1.5.4 Partition Walls
	 	 :        72 mm studs with 15 mm GRG (Glass Reinforced Gypsum) Boards on either
side.

  

	1.6	Ceiling 

  

			
	 1.6.1  Office (Innovator & Discoverer
	 	 :        Well reputed Acoustic ceiling tiles in exposed aluminium ‘T’ suspension
system

	 1.6.2 Main Lift Lobby
	 	 :        Gypsum Plaster Board

	 1.6.3 Toilets
	 	 :        Gypsum Board Tiles

  

	2.0	SPECIFICATION OF SERVICES FOR OFFICES 

  

	2.1	Air-conditioning and Mechanical Ventilation 

  

	 	2.1.1	Central chilled water system supplying chilled water to air-handling units to maintain the office space at 23 degrees C +/- 1 degrees C, relative humidity not exceeding 65%.

  

	 	2.1.2	Innovator has an installed capacity of 478 X 5 = 2390 TR and 150 TR Baby Chiller. Discoverer has an installed capacity of 437 X 4 = 1748 TR and 100 TR Baby Chiller.

  

	 	2.1.3	Round ducts deliver air distribution with variable air-volume controllers for efficient zone control. 

  

	 	2.1.4 	Internal escape staircases below upper ground level and fire lift lobbies are pressurized. 

  

	 	2.1.5 	Car park levels are mechanically ventilated for normal and emergency use. 6 air changes in normal and 9 air changes in emergency modes. 

  

	2.2	Building Management System 

  

	 	2.2.1	The building services are continuously monitored and controlled by a state of the art building management system(BMS). 

  

	 	2.2.2	The BMS controls and manages the air-conditioning system for efficient energy use fine-tuning the control system to meet set environmental condition. 

  

	 	2.2.3	The BMS also monitors and controls the lift, fire protection system, water level status and thus ensuring continuous status reporting for immediate corrective action if needed.

  

	2.3	Communication Facilities 

  

	 	2.3.1 	An internal telephone cabling system is provided with pre-wired telephone lines to terminal outlets for ready connection to an external fibre optic cabling system. The internal
telecommunication wiring has been provided with CAT-3 for Voice and CAT-5 for Data. 

  

	 	2.3.2 	VSNL has set up an earth station of type Standard – B at IT Park to provide High Speed International Digital Leased Line Service for transferring High Speed Data.

  

	2.4	Community Antenna Television System 

  
 elevision signal outlets are available at each floor which is connected to a cable television system capable of receiving of channels. 
  

	2.5	Electrical Installation 

  

	 	2.5.1 	Power supply to the Park is via 2 nos. of 220 KV supply lines from the Karnataka Electricity Board. 

  
 2.5.2 Alternate back-up power supply. 
  

	 	2.5.3 	Power supply is available at 415 volts (± 6%) by means of distribution transformers located in each building. The frequency is maintained at 50 Hz ± 5%.

  

	 	2.5.4 	For each building, a standby diesel generator provides emergency power to essential services such as lifts, common area lighting. The generator capacity are as follows:-

  

					
	For innovator	 	-	 	1250 KVA for emergency load
	 	 	-	 	1000 KVA standby.
	For Discoverer	 	-	 	1250 KVA for emergency load
	 	 	-	 	 1000 KVA for basement
 m.v.
system

  

	 	2.5.5 	Energy efficient recessed flourescent light fitting provides an average illumination of 400 to 500 LUX at desk height. 

  

	 	2.5.6 	Emergency lighting with built-in battery pack are installed in all office / commercial areas, escape routes and staircases, car pack levels, providing a minimum lighting level for
safety during fire condition and power failure. 

  

	 	2.5.7	The existing distribution can provide a load of 130 KW per floor at innovator, 100 KW per floor at Discoverer and 180 HP per floor at Creator Building. 

  

	 	2.5.8	A dedicated earthing system has been provided at each building to meet the requirement of UPS and other communication equipments. 

  

	2.6	Fire Protection System 

  

	 	2.6.1 	Comprehensive fire protection system to the entire building is maintained by automatic sprinkler system with its dedicated water storage tanks, installed to meet fire regulations.

  

	 	2.6.2 	Fire hose reels and portable fire extinguishers are installed throughout the building in common areas for first-line fire fighting purposes. 

  

	 	2.6.3 	Fire command center, fireman talk-back system, wet rising mains and yard hydrants are provided as an integral part of the fire-fighting and control system. 

 

	2.7	Loading Bays 

  
 To facilitate material movements to Production Area, 6 nos. loading / unloading bays dock levelers of each 9 ton capacity have been provided at ground
floor level. 
  

	2.8	Sanitary and Plumbing System 

  

	 	2.8.1 	Water supply for clients has been provided at the common pantry at every floor level. 

  

	 	2.8.2 	Water supply is backed up by an external main reservoir tank of storage capacity 5200 CuM. 

  

	 	2.8.3 	The sanitary facilities are provided as per National Building Code of India (NBC) Part IX, Plumbing Services – Section 2, Drainage and Sanitation, Table 1, Office Buildings

  

	2.9	Sewage Treatment Plant 

  

	 	2.9.1 	A Sewage Treatment Plant (STP) of capacity 1.0. MLD (upgradable upto 6.0 MLD) has been installed 

  

	 	2.9.2 	The “Activated Sludge System” with an extended aeration process has been adopted in the design of STP. 

  

	2.10 	Security System 

 Closed circuit television system
cameras are installed at vantage points of UGF lobbies . The exit doors are monitored by door alarm contacts. Security patrol is also provided. 
  

	2.11	Vertical Transport System 

  

	 	2.11.1 	In Innovator, 6 nos. of 1360 Kg Motor Servo Drive lifts and 1 no. of fireman cum service Motor. Servo Drive lifts of 1360 Kg capacity are provided for a good grade of service.

  

	 	2.11.2 	In Discoverer, 3 nos. of 1360 Kg lifts and 1 no. of fireman / service lift. 

  

	 	2.11.3 	For all three buildings, 8 nos. of 1360 Kg Hydraulic lifts are provided to service basements to upper ground floor levels and commercial areas at ground floor.

  
 The information and specification contained herein is subject
to change at the sole discretion of the developer and cannot form part of an offer for contract . While every reasonable care has been taken in providing this information, the developer and their appointed Marketing Agents cannot be held responsible
for any recurrences or change stand any loss or damage (whether direct, special or consequential ) arising there from.

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