Document:

ex1017.htm

    
      

      

    

    

     

    Dated

     

    ------------

     

    Option
agreement

     

    

    relating
to

    

     

      UNIT
8,

     

     

    E
PLAN INDUSTRIAL ESTATE

     

     

    NEWHAVEN

     

    

    between

    

     

    QUENTIN
KING

     

    

    and

    

     

    CLEAN
POWER TECHNOLOGIES LIMITED

     

     

    
      
         

      

      
        1

        
          

        

      

      
         

      

    

    THIS AGREEMENT is
dated  /d/13
November 2008

     

    Parties

     

    
      	
              (1)  

            	
              Quentin
      King of Unit 8 E Plan Industrial Estate, New Road, Newhaven, East Sussex,
      BN9 0EH (Owner).

            

    

     

    
      	
              (2)  

            	
              Clean
      Power Technologies Limited incorporated and registered in England and
      Wales with company number 5812360 whose registered office is at Wiston
      House, 1 Wiston Avenue, Worthing, West Sussex, BN14 7QL (Buyer).

            

    

     

    Background

     

    
      	
              (A)  

            	
              The Owner owns the property Unit 8 E Plan Industrial Estate,
      Newhaven and has agreed to grant the Buyer an option to buy it in
      accordance with the terms of this
agreement.

            

    

     

    Agreed
terms

     

    
      	
              1.  

            	
              Interpretation

            

    

     

    
      	
              1.1  

            	
              The
      definitions in this clause apply in this
  agreement.

            

    

     

    Completion Date: the date 4 weeks after the
date of service of the Option Notice.

     

    Deposit: £21,250 (exclusive of
VAT).

     

    Independent Valuation: the
price agreed between the Owner and the Buyer but in default of agreement a
valuation of the Open Market Value of the Property prepared by the Independent
Valuer

     

    Independent Valuer: a Surveyor
appointed jointly by the Landlord and the Tenant or in default of agreement by
the President of the RICS

     

    Open Market Value: the price
at which the Property might reasonably be expected to be sold at on the open
market with vacant possession at the date of the Option Notice disregarding the
existence of this Lease

     

    Option: the option granted by the
Owner to the Buyer by this agreement.

     

    Option Notice: a notice served by the
Tenant on the Landlord notifying the Landlord of its intention to exercise the
Option

     

    Option Period: The period of 28 days
commencing on the date that the Landlord provides the Tenant with the
Independent Valuation or the date on which the Purchase Price is agreed between
the Owner and the Buyer

     

    Option Sum: £1 (exclusive of
VAT).

     

    Owner's Conveyancer: Stephen Rimmer & Co, 28
Hyde Gardens, Eastbourne, East Sussex, BN21 4PX, Fax 01323 733034, Ref
MP.KP.King

     

    
      
         

      

      
        2

        
          

        

      

      
         

      

    

    Part 1 Conditions: the conditions in Part 1 of
the Standard Commercial Property Conditions (Second Edition) and Condition means any one of
them.

     

    Part 2 Conditions: the conditions in Part 2 of
the Standard Commercial Property Conditions (Second Edition).

     

    Property: the freehold property at
Unit 8 E Plan Industrial Estate, New Road, Newhaven shown more particularly
delineated in red on the plan attached to this agreement and being registered at
HM Land Registry with title absolute under title number ESX231882

     

    Purchase Price: the greater of:

    

    
      	
               
      

            	
              1.

            	
              the
      price stated in the Independent Valuation (exclusive of VAT) (less any
      reduction in accordance with clause
2.5)

            

    

    
      	
               
      

            	
              2.

            	
              £425,000
      (exclusive of VAT) (less any reduction in accordance with clause
      2.5)

            

    

    

    VAT: value added tax chargeable
under the Value Added Tax Act 1994 and any similar replacement tax and any
similar additional tax.

     

    Working Day: any day from Monday to
Friday (inclusive) which is not Christmas Day, Good Friday or a statutory Bank
Holiday.

     

    
      	
              1.2  

            	
              The
      rules of interpretation in this clause apply in this
      agreement.

            

    

     

    
      	
              1.3  

            	
              Clause
      and Schedule headings do not affect the interpretation of this
      agreement.

            

    

     

    
      	
              1.4  

            	
              Except
      where a contrary intention appears, a reference to a clause or a Schedule
      is a reference to a clause of, or Schedule to this
    agreement.

            

    

     

    
      	
              1.5  

            	
              Unless
      otherwise specified, a reference to a law is a reference to it as it is in
      force for the time being taking account of any amendment, extension,
      application or re-enactment and includes any subordinate legislation for
      the time being in force made under
it.

            

    

     

    
      	
              1.6  

            	
              A
      person includes a
      corporate or unincorporated body.

            

    

     

    
      	
              1.7  

            	
              Writing or written includes faxes
      but not e-mail.

            

    

     

    
      	
              1.8  

            	
              Any
      obligation in this agreement on a person not to do something includes an
      obligation not to agree or allow that thing to be
  done.

            

    

     

    
      	
              1.9  

            	
              Any
      reference to the Owner includes its
      successors in title.

            

    

     

    
      
         

      

      
        3

        
          

        

      

      
         

      

    

    
      	
              2.  

            	
              Option

            

    

     

    
      	
              2.1  

            	
              On
      the date of this agreement the Buyer will pay the Option Sum to the
      Owner.

            

    

     

    
      	
              2.2  

            	
              The
      Owner grants the Buyer an option during the Option Period to buy the
      Property at the Purchase Price.

            

    

     

    
      	
              2.3  

            	
              If
      the Property is charged, the Owner will supply written evidence to the
      Buyer that the chargee has consented to the grant of the Option and that,
      in exercising any power of sale or disposal under the charge, such
      transaction will be subject to the
Option.

            

    

     

    
      	
              2.4  

            	
              The
      Owner consents to the entry of an agreed notice against the Owner's title
      to the Property at HM Land Registry in order to protect this option
      agreement.

            

    

     

    
      	
              2.5  

            	
              The
      Owner acknowledges that this agreement is supplemental to an option
      agreement of even date relating to the sale of part of the Property ("the
      Prior Agreement")  and if the option to purchase under the Prior
      Agreement is exercised by the Buyer prior to the exercise of the option
      under this agreement then the Purchase Price under this agreement shall be
      reduced by the amount of the Purchase Price paid under the Prior Agreement
      and the property to be sold shall be that part of Unit 8 E Plan Industrial
      Estate, New Road, Newhaven which has not been sold under the Prior
      Agreement

            

    

     

    
      	
              3.  

            	
              Title deduction

            

    

     

    
      	
              3.1  

            	
              The
      Owner's title to the Property has been deduced to the Buyer before the
      date of this agreement 

            

    

     

    
      	
              4.  

            	
              Exercise of the
option

            

    

     

    
      	
              4.1  

            	
              The
      Buyer may at any time within the period 1st
      March 2010 and 1st
      August 2010 (inclusive) by notice in writing require the Owner at the
      Buyer’s cost (which costs the Owner shall be entitled to receive in
      advance) to obtain an Independent Valuation and the Owner shall within 28
      days of the Buyer serving this notice on the Owner obtain an Independent
      Valuation.

            

    

     

    
      	
              4.2  

            	
              The
      Buyer shall permit the Owner and the Independent Surveyor access to the
      Property for the purposes of carrying out the Independent
      Valuation.

            

    

     

    
      	
              4.3  

            	
              The
      Buyer may exercise the Option at any time during the Option Period by
      serving an Option Notice on the
Owner.

            

    

     

    
      
         

      

      
        4

        
          

        

      

      
         

      

    

     

    
      	
              4.4  

            	
              On
      the date of the exercise of the Option, the Buyer will pay the Deposit to
      the Owner's Conveyancer as stakeholder on terms that on completion the
      Deposit is paid to the Owner and that the accrued interest is paid to the
      Buyer.

            

    

     

    
      	
              5.  

            	
              Title guarantee

            

    

     

    
      	
              5.1  

            	
              If
      the Option is exercised in accordance with the terms of this agreement the
      Owner will sell the Property to the Buyer for the Purchase
      Price.

            

    

     

     

    
      	
              5.2  

            	
              The Owner will sell the Property with full title
      guarantee.

            

    

     

     

    
      	
              6.  

            	
              Default

            

    

     

    
      	
              6.1  

            	
              If
      the Owner fails to comply with any deadline in this agreement the relevant
      time period shall be extended until such time as the Owner has complied
      with his obligations.  Such extension shall not prejudice any
      rights or remedies of the Buyer.

            

    

     

     

    
      	
              7.  

            	
              Conditions

            

    

     

    
      	
              7.1  

            	
              Upon
      exercise of the Option, the Part 1 Conditions will be incorporated into
      this agreement in so far as they:

            

    

     

    
      	
              (a)  

            	
              apply
      to a sale by private treaty;

            

    

     

    
      	
              (b)  

            	
              relate
      to freehold property;

            

    

     

    
      	
              (c)  

            	
              are
      not inconsistent with the other clauses in this agreement;
    and

            

    

     

    
      	
              (d)  

            	
              have
      not been modified or excluded by any of the other clauses in this
      agreement.

            

    

     

     

    
      	
              7.2  

            	
              Upon
      exercise of the Option, the Part 2 Conditions will not be incorporated
      into this agreement.

            

    

     

     

    
      	
              7.3  

            	
              The
      following Conditions will not
apply:

            

    

     

    
      	
              (a)  

            	
              Conditions
      1.1.4(a), 1.3, 1.4.3

            

    

     

    
      	
              (b)  

            	
              Condition
      2.2;

            

    

     

    
      	
              (c)  

            	
              Conditions
      3.1.4 and 3.3;

            

    

     

    
      	
              (d)  

            	
              Conditions  6.6.2;

            

    

     

     

    
      	
              8.  

            	
              Vacant possession

            

    

     

    The
Property will be sold with vacant possession on completion.

     

    
      
         

      

      
        5

        
          

        

      

      
         

      

    

     

    
      	
              9.  

            	
              Completion

            

    

     

    
      	
              9.1  

            	
              Completion
      will take place on the Completion
Date.

            

    

     

     

    
      	
              9.2  

            	
              On
      completion the Buyer will pay the balance of the Purchase Price to the
      Owner.

            

    

     

     

    
      	
              9.3  

            	
              On
      completion the Buyer will grant to the Owner a lease of part of the
      Property in the form of the  draft lease in the second
      schedule

            

    

     

     

    
      	
              10.  

            	
              VAT

            

    

     

    
      	
              10.1  

            	
              Each
      amount stated to be payable by the Buyer to the Owner under or pursuant to
      this agreement is exclusive of VAT (if
any).

            

    

     

     

    
      	
              10.2  

            	
              If
      any VAT is chargeable on any supply made by the Owner under or pursuant to
      this agreement, the Buyer will pay the Owner an amount equal to that VAT,
      subject to the Owner supplying the Buyer with a VAT invoice at the time of
      payment.

            

    

     

     

    
      	
              11.  

            	
              Notices

            

    

     

    
      	
              11.1  

            	
              Any
      notice (including the Option Notice) given under this agreement must be in
      writing and signed by or on behalf of the party giving
  it.

            

    

     

     

    
      	
              11.2  

            	
              Any
      notice or document to be given or delivered under this agreement must be
      given by delivering it personally or sending it by pre-paid recorded
      delivery to the address and for the attention of the relevant party as
      follows:

            

    

     

    
      	
              (a)  

            	
              to
      the Owner at:

            

    

     

    Unit 8 E
Plan Industrial Estate, New Road, Newhaven, BN9 0EH

     

    or to
such other address or fax number, or for the attention of such other person, as
was last notified in writing by the Owner to the Buyer; and

     

    
      	
              (b)  

            	
              to
      the Buyer at:

            

    

     

    Wiston
House, 1 Wiston Avenue, Worthing, West Sussex, BN14 7QL

     

     or
to such other address or fax number, or for the attention of such other person,
as was last notified in writing by the Buyer to the Owner.

     

     

    
      	
              11.3  

            	
              Any
      such notice will be deemed to have been
  received:

            

    

     

    
      	
              (a)  

            	
              if
      delivered personally, at the time of
delivery;

            

    

     

    
      	
              (b)  

            	
              in
      the case of pre-paid first class post or recorded delivery, on the second
      Working Day after posting.

            

    

     

     

    
      
         

      

      
        6

        
          

        

      

      
         

      

    

    
      	
              11.4  

            	
              In
      proving service it will be sufficient to prove that delivery was made or
      that the envelope containing the notice was properly addressed and posted
      as a prepaid first class or recorded delivery letter or that the fax
      message was properly addressed and transmitted, as the case may
      be.

            

    

     

     

    
      	
              11.5  

            	
              A
      notice given or document delivered under this agreement will not be
      validly given or delivered if sent by
e-mail.

            

    

     

     

    
      	
              12.  

            	
              Rights of third
parties

            

    

     

    A person
who is not a party to this agreement may not enforce any of its terms under the
Contracts (Rights) of Third Parties Act 1999.

     

     

    
      	
              13.  

            	
              Disputes

            

    

     

    Any
dispute arising between the parties on any matter arising out of this agreement
may be referred by either party to an independent chartered surveyor agreed upon
by the parties or in default of agreement appointed by the President for the
time being of the Royal Institution of Chartered Surveyors. The surveyor will
act as an arbitrator in accordance with the Arbitration Acts.

     

    

    This
agreement has been entered into on the date stated at the beginning of it.

    
      
         

      

      
        7

        
          

        

      

      
         

      

    

    

    SCHEDULE

    

     The
Draft lease

    

    DATE                                                       2008

    
 

    L
E A S E

    

    BETWEEN

    

    Clean
Power Technologies Limited

    

    AND

    

    Quentin
King

    

    OF

    

    Part
of Unit 8, E-Plan Industrial Estate,

    Newhaven,
East Sussex

    

     

    

    

    MILLER
PARRIS

    3/9
Cricketers Parade

    Broadwater
Street West

    WORTHING

    West
Sussex

    BN14
8JB

    

    

    

    
      
         

      

      
        8

        
          

        

      

      
         

      

    

    

     

    THIS LEASE dated and
delivered

    BETWEEN the Landlord and the
Tenant named below is a new tenancy for the purposes of the Landlord and Tenant
(Covenants) Act 1995

    1.              PARTICULARS

    
      	
               
      

            	
              1.1:1

            	
              the
    Landlord

            	
              CLEAN POWER TECHNOLOGIES
      LIMITED (company number: 05812360) whose registered office is at
      Wiston house, 1 Wiston Avenue, Worthing, West Sussex   BN14
      7QL

            

    

    
      	
               
      

            	
              1.1:2

            	
              the
    Tenant

            	
              QUENTIN KING of Unit 8,
      E-Plan Industrial Estate, New Road, Newhaven, East Sussex BN9
      0EH

            

    

    
      	
               
      

            	
              1.2

            	
              the
      Building

            	
              Unit
      8, E-Plan Industrial Estate, New Road, Newhaven, East Sussex BN9
      0EH

            

    

    
      	
               
      

            	
              1.3

            	
              Insurance
      Rent

            	
              means
      25% of the annual premium which the Landlord shall pay for insuring the
      Building  against the Insured
Risks

            

    

    
      	
               
      

            	
              1.4

            	
              Permitted
      User

            	 

    

    
      	
               
      

            	
              1.5

            	
              the
      Premises

            	
              all
      that part of the building outlined in green on the attached
      plan.

            

    

    
      	
               
      

            	
              1.6

            	
              Prescribed
      Rate

            	
              4%
      per year above the base lending rate of Barclays Bank plc or where such
      rate is not quoted such base rate as in the reasonable opinion of the
      Landlord is the nearest equivalent

            

    

    
      	
               
      

            	
              1.7

            	
              Rent
      Commencement

            

    

    
      	
               
      

            	 	
              Date

            	
              The
      date hereof

            

    

    
      	
               
      

            	
              1.8

            	
              Rent

            	
              £7,500
      (seven thousand five
hundred  pounds)

            

    

    
      	
               
      

            	
              1.9

            	
              the
      Term

            	
              6
      months less one day from and
including

            

    

    
      	
              2.

            	
              DEFINITIONS

            

    

    
      	
              2.1

            	
              For
      all purposes of this lease the terms defined in clauses 1 and 2 have the
      meanings specified.

            

    

    
      	
              2.2

            	
              "Insured
      Risks means fire lightning explosion aircraft  riot civil
      commotion damage by malicious persons earthquakes storm tempest flood
      bursting and overflowing of water pipes tanks and other apparatus and such
      other risks as the Landlord from time to time in its  absolute
      discretion may think fit to insure
against

            

    

    
      	
              2.3

            	
              "Rent"
      means the  Rent   and such term does not include
      the Insurance Rent but the term "rents" includes both the Rent and the
      Insurance Rent

            

    

    
      
         

      

      
        9

        
          

        

      

      
         

      

    

    
      	
              2.4

            	
              "Pipes"
      means all pipes sewers drains mains ducts conduits gutters watercourses
      wires cables channels flues and all other conducting media and includes
      any fixings and any other ancillary apparatus which are in or under or
      which serve the Premises

            

    

    
      	
              3.

            	
              INTERPRETATION

            

    

    
      	
              3.1

            	
              The
      expressions "the Landlord"   wherever the context so admits
      include the person for the time being entitled to the reversion
      immediately expectant on the determination of the
  Term

            

    

    
      	
              3.2

            	
              Words
      importing one gender include all other genders and words
      importing  the singular include the plural and vice
      versa

            

    

    
      	
              3.3

            	
              Any
      covenant by the Tenant not to do an act or thing shall be deemed to
      include an obligation not to permit or suffer such act or thing to be done
      by another person

            

    

    
      	
              3.4

            	
              Any
      references to a specific statute include any statutory extension or
      modification amendment or re-enactment of such statute and any regulations
      or orders made under such statute and any general reference to "statute"
      or "statutes" includes any regulations made under such statute or
      statutes

            

    

    4.              DEMISE

    The
Landlord demises to the Tenant the Premises with the rights specified in the
first schedule but EXCEPTING AND RESERVING to the Landlord the rights specified
in the second schedule TO HOLD the Premises to the Tenant for the Term YIELDING
AND PAYING to the Landlord:

    
      	
              4.1

            	
              the
      Rent payable without any deduction by equal monthly payments in advance on
      the first day of each month the first such payment being in respect of the
      period from the Rent Commencement Date to and including the last day of
      the month following  the Rent Commencement Date to be paid on
      the date of this Lease

            

    

    
      	
              4.2

            	
              By
      way of further rent the Insurance Rent payable on demand in accordance
      with clause 7

            

    

    
      	
              5.

            	
              THE
      TENANT'S COVENANTS

            

    

    The
Tenant covenants with the Landlord:

    
      
         

      

      
        10

        
          

        

      

      
         

      

    

    
      	
              5.1

            	
              Rent

            

    

    
      	
              5.1:1

            	
              to
      pay the rent on the days and in the manner set out in this lease and not
      to exercise or seek to exercise any right or claim to withhold rent or any
      right or claim to legal or equitable
set-off

            

    

    
      	
              5.1:2

            	
              if
      so required by the Landlord to make such payments by banker's order or
      credit transfer to any bank account in the United Kingdom that the
      Landlord may from time to time
nominate

            

    

    
      	
              5.2

            	
              Outgoings
      and VAT

            

    

    
      	
               
      

            	
              To
      pay  :

            

    

    
      	
              5.2:1

            	
              all
      rates taxes assessments duties charges impositions  and
      outgoings which are now or during the Term shall be charged assessed or
      imposed upon the Premises or upon the owner or occupier of them except any
      tax payable by the Landlord   in respect of the receipt of
      any of the rents due under this lease or any dealing with its reversionary
      interest

            

    

    
      	
              5.2:2

            	
              VAT
      (or any tax of a similar nature that may be substituted for it or levied
      in addition to it) chargeable in respect of any payment made by the Tenant
      in connection with this lease or in respect of any payment made by the
      Landlord where the Tenant is obliged under this lease to reimburse the
      Landlord for such payment

            

    

    
      	
              5.3

            	
              Electricity,
      gas and other services

            

    

    To pay
all charges for electricity and other services consumed or used at or in
relation to the Premises (including meter rents)

    
      	
              5.4

            	
              Repairs

            

    

    
      	
              5.4.1

            	
              The
      Tenant shall keep the Property clean and tidy and in good repair and
      condition.

            

    

    
      	
              5.4.2

            	
              The
      Tenant shall not be liable to repair the Property to the extent that any
      disrepair has been caused by Insured Risks, unless and to the extent
      that:

            

    

    
      	
               
      

            	
              5.4.2.1

            	
              the
      policy of insurance of the Property has been vitiated or any insurance
      proceeds withheld in consequence of any act or omission of the Tenant, or
      his respective workers, contractors or agents or any person on the
      Property with the actual or implied authority of the Tenant;
      or

            

    

    
      	
               
      

            	
              5.4.2.2

            	
              the
      insurance cover in relation to that disrepair is excluded, limited, or is
      unavailable

            

    

    
      
         

      

      
        11

        
          

        

      

      
         

      

    

    
      	
              5.4.3

            	
              The
      Tenant shall keep the external areas of the Property in a clean and tidy
      condition and not allow any rubbish or waste to be left there. The Tenant
      shall clean all windows at the Property as often as is
      necessary.

            

    

    
      	
              5.5

            	
              Decoration

            

    

    
      	
               
      

            	
              To
      maintain the interior of the Premises in a good decorative
      order

            

    

    
      	
              5.6

            	
              Statutory
      Obligations

            

    

    
      	
              5.6:1

            	
              Not
      knowingly to do in or near the Premises any act or thing by reason of
      which the Landlord may under any statute incur have imposed upon it or
      become liable to pay any penalty damages compensation costs charges or
      expenses

            

    

    
      	
              5.6:3

            	
              Without
      prejudice to the generality of the above to comply in all respects with
      the provisions of any statutes and any other obligations imposed by law or
      by any byelaws applicable to the Premises or in regard to carrying on the
      trade or business for the time being carried on at the
      Premises

            

    

    
      	
              5.7

            	
              Access
      of Landlord and notice to repair

            

    

    
      	
              5.7:1

            	
              To
      permit the Landlord on reasonable notice and ( except in an emergency when
      no notice shall be required)

            

    

    
      	
               
      

            	
              5.7:1.1

            	
              to
      enter upon the Premises for the purpose of ascertaining that the covenants
      and conditions of this lease have been observed and
    performed

            

    

    
      	
               
      

            	
              5.7:1.2

            	
              to
      view the state of repair and condition of the
  Premises

            

    

    
      	
               
      

            	
              5.7:1.3

            	
              to
      give to the Tenant (or leave upon the Premises) a notice specifying any
      repairs, cleaning or maintenance   that the Tenant has
      failed to execute in breach of the terms of this lease and to request the
      Tenant immediately to execute the
same

            

    

    
      	
              5.7:2

            	
              Immediately
      to repair cleanse and maintain  the Premises as required by such
      notice.

            

    

    
      	
              5.7:3

            	
              If
      within one month of the service of such a notice the Tenant shall not have
      commenced and be proceeding diligently with the execution of the work
      referred to in the notice or shall fail to complete the work within 2
      months or such longer period as is reasonable in the circumstances to
      permit the Landlord to enter the Premises to execute such work as may be
      necessary to comply with the notice and to pay to the Landlord the cost of
      so doing and all expenses incurred by the Landlord   within
      21 days of a written demand

            

    

    
      
         

      

      
        12

        
          

        

      

      
         

      

    

    
      	
              5.8

            	
              Nuisance
      and restrictions

            

    

    
      	
              5.8:1

            	
              Not
      to do nor allow to remain upon the Premises anything which may be or
      become a nuisance annoyance disturbance inconvenience damage or injury to
      the Landlord or to the owners and occupiers of any of the adjoining or
      neighbouring premises or which may render any increased or extra premium
      to be payable for the insurance of the Premises against fire or other
      risks which may make void or voidable the insurance
  policy.

            

    

    
      	
              5.8:2

            	
              Not
      to use the Premises for a sale by auction or for any manufacture or for
      any noisy, noxious, offensive or dangerous trade or business nor for any
      illegal or immoral act or purpose

            

    

    
      	
              5.9

            	
              Landlord's
      Costs

            

    

    To pay to
the Landlord on an indemnity basis all reasonable costs and
disbursements  incurred by the Landlord in relation to or incidental
to the recovery or attempted recovery of arrears of rent or other sums due from
the Tenant and

    5.10              Not
to permit acquisitions of easements

    Not to
grant or permit to be used any right or easement in upon over or under the
Premises  nor to give any acknowledgement that the Tenant enjoys the
access of light or air to any windows in the Premises by the consent of any
third party

    5.11              Statutory
Notices

    Within
seven days of the receipt of any notice by the Tenant to give full particulars
to the Landlord of any notice or order or proposal for a notice or order made
given or issued to the Tenant by a Planning Authority under or by virtue of the
Planning Acts

    
      	
              5.12

            	
              The
      Planning Acts

            

    

    
      	
              5.12:1

            	
              Not
      to do or omit or suffer to be done or omitted any act or thing in respect
      of the Premises which shall contravene the provisions of any of the
      Planning Acts and at all times to keep the Landlord indemnified against
      all actions proceedings costs expenses claims and demands in respect of
      any such act or matter contravening the provisions of the Planning
      Acts.

            

    

    
      	
              5.13

            	
              Alienation

            

    

    
      	
              Not
      to assign, charge, underlet, share or part with possession of the whole or
      any part of the Premises

            

    

    
      
         

      

      
        13

        
          

        

      

      
         

      

    

    
      	
              5.14

            	
              Fire
      Precautions

            

    

    To
observe all statutory provisions and all provisions contained in any regulations
made by any duly constituted authority or in any policy of insurance relating to
the Premises

    5.15              Indemnities

    To be
responsible for and to keep the Landlord fully indemnified against all damage
damages losses costs expenses actions demands proceedings claims liabilities
made against or suffered or incurred by the Landlord arising directly or
indirectly out of:

    
      	
              5.15:1

            	
              any
      act omission or negligence of the Tenant or any persons at the Premises
      expressly or impliedly with the Tenant's
  authority

            

    

    
      	
              5.15:2

            	
              any
      breach or non-observance by the Tenant of the covenants conditions or
      other provisions of this lease or any of the matters to which this demise
      is subject

            

    

    5.16              Yield
Up

    At the
end of the Term:

    
      	
              5.16:1

            	
              to
      yield up the Premises in repair and in accordance with the terms of this
      lease

            

    

    
      	
              5.16:2

            	
              to
      give up all keys of the Premises to the Landlord
  and

            

    

    
      	
              5.16:3

            	
              to
      remove all signs erected by the Tenant in upon or near the Premises and
      immediately to make good any damage caused by such
  removal

            

    

    
      	
              5.17

            	
              Covenants

            

    

    
      	
               
      

            	
              to
      comply with the provisions of the Third
Schedule

            

    

    
      	
              6.

            	
              THE
      Landlord's covenants

            

    

    
      	
               
      

            	
              The
      Landlord covenants with the Tenant:

            

    

    
      	
              6.1

            	
              Quiet
      enjoyment

            

    

    
      	
               
      

            	
              To
      permit the Tenant peaceably and quietly to hold and enjoy the Premises
      during the Term without any interruption or disturbance from or by the
      Landlord or any person claiming under or in trust for the Landlord or by
      title paramount

            

    

    
      	
              7.

            	
              Insurance

            

    

    
      	
              7.1

            	
              Landlord
      to insure

            

    

    The
Landlord covenants with the Tenant to insure the Premises against the Insured
Risks unless such insurance shall be vitiated by any act of the Tenant or by
anyone at the Premises expressly or by implication with the Tenant's
authority

    7.3              Payment
of Insurance Rent

    
      
         

      

      
        14

        
          

        

      

      
         

      

    

    The
Tenant shall pay the Insurance Rent on the date of this lease for the period
from and including the Rent Commencement Date to the day before the next policy
renewal date and subsequently the Tenant shall pay the Insurance Rent on
demand

    8.              Provisos

    8.1              Re-entry

    If and
whenever during the Term:

    
      	
              8.1:1

            	
              the
      Rent is outstanding for 14 days after becoming due whether formally
      demanded or not or

            

    

    
      	
              8.1:2

            	
              there
      is a breach by the Tenant of any covenant or other term of this
      lease

            

    

    
      	
              8.1:3

            	
              the
      Tenant becomes bankrupt or enters into an arrangement for the benefit of
      its creditor

            

    

    the
Landlord may re-enter the Premises (or any part of them in the name of the
whole) at any time (and even if any previous right of re-entry has been waived)
and then the Term will absolutely cease but without prejudice to any rights or
remedies which may have accrued to the Landlord against the Tenant in respect of
any breach of covenant or other term of this lease (including the breach in
respect of which the re-entry is made)

    8.2              Interest
on arrears

    If any
instalment of the rents or any other sum which may become payable by the Tenant
to the Landlord under any of the provisions of this Lease at any time remains
unpaid for 14 days after becoming payable (whether the rents or other sums has
been formally or legally demanded or not) then the amount for the time being
unpaid shall (without prejudice to the Landlord's right of re-entry or any other
right or remedy to the Landlord) as from the date upon which such amount became
payable and until paid bear interest at the Prescribed Rate  and the
Tenant accordingly covenants with the Landlord that in such circumstances and
during such period the Tenant will pay to the Landlord interest (as well after
as before any judgement) on any such unpaid amount at the Prescribed
Rate

    8.3              Service
of Notices

    SECTION
196 of the Law of Property Act 1925 and the Recorded Delivery Service Act 1962
(relating to the service of notices) shall apply to all notices
served

    
      
         

      

      
        15

        
          

        

      

      
         

      

    

    8.4              Liability

    THE
LANDLORD shall not be responsible to the Tenant or the Tenant's licensees
servants agents or other persons in on or about the Premises or calling upon the
Tenant for any accident happening or injury suffered or damage to or loss of any
chattel or property sustained on the Premises or in the Building unless caused
by the act or omission of the Landlord or imposed on the Landlord by any
statute

    8.5              Exclusion
of Use Warranty

    Nothing
in this lease or in any consent granted by the Landlord under this lease shall
imply or warrant that the Premises may lawfully be used under the Planning Acts
for the purpose authorised in this lease (or any purpose subsequently
authorised)

    8.6              Disputes

    If any
dispute or difference shall arise between the parties concerning any clause or
matter contained in or in any way connected with this lease or the operation or
construction thereof (or any matter or thing in any way connected with this
lease) or the rights duties or liabilities of either party under or in
connection with this lease then and in every such case the dispute or difference
shall be determined by a single arbitrator in accordance with the Arbitration
Act 1996 or any statutory modification or re-enactment for the time being in
force

    8.7              Entire
Undertaking

    This
lease is supplemental to an agreement  dated2008 between Quentin King
and Clean Power Technologies

    8.8              Compensation
on vacating

    Any
statutory right of the Tenant to claim compensation from the Landlord on
vacating the Premises shall be excluded to the extent that the law
allows

    8.9           Break
Clause

    If the
Tenant wishes to determine this lease at any time and gives to the Landlord not
less than 1 month's  written notice of that wish and up to the time of
the determination pays the rents and performs and observes the covenants
contained in this lease then on expiry of the notice the Term is to cease and
determine immediately, but without prejudice to any rights or remedies that may
have accrued

     

    FIRST
SCHEDULE

    Rights
granted

    1.              Rights
of way

    The right
for the Tenant and all persons expressly or by implication authorised by the
Tenant (in common with the Landlord and all other person having a like right) to
pass and repass to and from the Premises at all time over other parts of the
Building and  for all purposes connected with the use and enjoyment of
the Premises (but not otherwise):

    
      
         

      

      
        16

        
          

        

      

      
         

      

    

    2.              Pipes

    The right
to the free passage and running (subject to temporary interruption for repair
alteration or replacement) of water sewage gas electricity telephone and other
services or supplies to and from the Premises in and through the Pipes that now
serve the Premises in common with the Landlord and all other persons having a
like right

    3.              Support

    Such
rights of support and protection for the benefit of the Premises as are now
enjoyed from the Building

    SECOND
SCHEDULE

    Rights
reserved

    1.              Use
of Pipes

    The right
to the free and uninterrupted passage and running of water sewage electricity
telephone and other services or supplies from and to other parts of the Building
and any adjoining or neighbouring property in and through the Pipes which now
are or may be during the Term in on or under or over the Premises

    
      	
              2

            	
              Access

            

    

    
      	
              2.1

            	
              The
      right at any time during the Term to enter (or in cases of emergency to
      break and enter) the Premises:

            

    

    
      	
              2.1:1

            	
              to
      inspect cleanse connect lay repair remove replace with others alter or
      execute any works whatever to or in connection with the Pipes easements or
      services referred to in paragraphs 1 and 2 of this
  schedule

            

    

    
      	
              2.1:2

            	
              to
      view the state and condition of and repair and maintain the Premises and
      the Building where such viewing or work would not otherwise be reasonably
      practicable

            

    

    
      	
              2.1:3

            	
              to
      carry out works to or upon other parts of the Building or do anything
      whatever comprised within the Landlord's written obligations in this Lease
      whether or not the Tenant is liable to make a
  contribution

            

    

    
      	
              2.1:5

            	
              to
      exercise any of the rights granted to the Landlord by this
      lease

            

    

    3.              Support
etc.

    The right
of light air support protection shelter and all other easements and rights now
or after the date of this lease belonging to or enjoyed by other parts of the
Building

    
      
         

      

      
        17

        
          

        

      

      
         

      

    

    THIRD
SCHEDULE

    The  Covenants

    1.              Use

    Not to
install or use in or upon the Premises any machinery or apparatus which causes
noise or vibration which can be heard or felt in nearby premises or outside the
Premises or which may cause damage

    
      	
              2.

            	
              Alterations

            

    

    
      	
               
      

            	
              Not
      to make any alterations or additions whatsoever to the
      Premises

            

    

    
      	
              3.

            	
              Frost
      Damage

            

    

    
      	
               
      

            	
              To
      take all necessary precautions against frost damage to the Pipes on the
      Premises

            

    

    
      	
              4.

            	
              Reimburse
      the Landlord's expenditure

            

    

    
      	
               
      

            	
              To
      pay the Landlord on demand any costs or expenses   incurred
      by the Landlord arising from covenants made in the transfer of the
      Property to the Landlord under the Second Agreement or from any deed of
      covenant entered into by the Landlord in relation to the Second
      Agreement

            

    

    

    IN
WITNESS whereof the parties have sent their hands the day and year first
written

    SIGNED as a deed for CLEAN
POWER                                                                          )  /s/ Abdul Mitha

    TECHNOLOGIES LTD acting
by                                                                                     )

    

    Director:Abdul
Mitha

    

    Counterpart/

     

    SIGNED by QUENTIN KING in
the                                                                                     )   /s/ Quentin King

    presence
of:-                                                                                        )

    

    
      	
              Witness
      signature:

            	
              /s/ Christopher
      Hunt

            

    

    
      	
              Name:

            	
              / Mr. Christopher Hunt
      /

            

    

    
      	
              Address:

            	
              / 7 Dale Road
      /

            

    

    
      	
               
      

            	
              /
      Lewes, East Sussex, BN7 1LH /

            

    

    
      	
              Occupation:

            	
              / Print Maker
      /

            

    

    

    
      
         

      

      
        18ex1018.htm

    
      

      

    

    
      COMPANY

      LETTING

      AGREEMENT

    

    
      

       

      for
letting residential dwelling house

    

    
       

      General
Notes

    

    
       

      
        	
                1.  

              	
                This tenancy agreement is for letting furnished or unfurnished residential
      accommodation to a company.

              

      

    

    
      
        	
                2.  

              	
                This Agreement may be used for residential tenancies of three years or less. Agreements for
      tenancies of a longer duration should be drawn up by
  deed.

              

      

    

    
      
        	
                3.  

              	
                This is a legal document and should not be used without adequate knowledge of the law of landlord and
      tenant.

              

      

    

    
      
        	
                4.  

              	
                Section 11, Landlord and Tenant Act 1985 - these obligations require the Landlord to keep in repair
      the structure and exterior of the dwelling, and to keep in repair and
      proper working order the installations for the supply of water, gas and
      electricity and the installations in the Property for space heating or
      heating water.

              

      

    

    
      
        	
                5.  

              	
                Section 196 of the Law of Property Act 1925 provides that a notice shall be sufficiently served
      if sent by First Class post (if the letter is not returned undelivered) to
      the Tenant at the Property or the last known address of the Tenant or left
      addressed to the Tenant at the
Property.

              

      

    

    
      
        	
                6.  

              	
                This agreement has been drawn up after consideration of the Office of Fair Trading’s Guidance
      on Unfair terms in Tenancy
Agreements.

              

      

    

    
       

      More
Information

    

    
       

      
        	
                 
      

              	
                For more information on using
      this tenancy agreement please refer to the 'Letting Information
      Point' on The
      Letting Centre website. Website address: www.letlink.co.uk

              

(c) The
Letting Centre, 2007 Page 1 of 7 A05Form.txm - updated
05/09/08

    

    
      
         

      

      
        1

        
          

        

      

      
         

      

    

    
      THIS
AGREEMENT is made on the date specified below BETWEEN the Landlord and the
Tenant (otherwise known as the Company). It is intended that the tenancy created
by this Agreement shall be a company letting. Accordingly, this tenancy is not
an assured tenancy within the meaning of the Housing Act
1988.

    

    
      

       

      Date:                          18 November
2008

    

    
      

       

      Landlord(s):                    Mr Andrew Leaver and Mrs Hilary
Leaver

    

    
      Landlord's
Agent:         Arun Lettings

      Upper
Floor

    

    
      25
Windmill Street

    

    
      Gravesend

    

    
      Kent
DA12 1AT

    

    
      Note:
Under s. 48, Landlord and Tenant Act 1987, notices can be served on the Landlord
at the above address

    

    
      Tenant(s):                          

      Clean Power Technologies
Limited

    

    
      

       

      Property: The dwelling house known
as:

    

    
      16
Forge Place Hookwood Surrey    RH6 0AL

    

    
      Contents:The fixtures and fittings at the
Property together with any furniture, carpets, curtains and other
effects listed in the Inventory

    

    
       

      Term:                          For the term of six
months

    

    
       

      commencing
on 18 November 2008 to 17 May 2009

    

    
      Rent:                                £ 1250.00
Monthly

    

    
      Payment:                             in advance by equal payments Monthly
on the 18th of each month

    

    
      Deposit                                   A deposit of £ 1726.03 is payable on
signing this Agreement and transferred to the Landlord.

    

    
       

      
        	
                1.  

              	
                The Landlord agrees to let and the Tenant agrees to take the Property and Contents for the Term at the Rent payable as
    above

              

      

       

    

    
      
        	
                2.  

              	
                The Tenant pays the Deposit as security for the performance of the Tenant's obligations and to pay and compensate the Landlord for the
      reasonable costs of any breach of those obligations. It is agreed that
      this sum shall not be transferable by the Tenant in any way, and at any
      time against payment of the Rent and that no interest shall be payable on
      this Deposit. The balance of the Deposit to be paid to the Tenant as soon
      as possible after the conclusion of the tenancy, less any reasonable costs
      incurred for the breach of any
obligation

              

      

    

    
       

      The
Tenant agrees with the Landlord:

    

    
       

      (3.1)          (a) to ensure that throughout the Term the Property is occupied by an Approved Employee [and his family]

    

    
       

      
        	
                (b)  

              	
                This sub-clause does not require that the same approved Employee should occupy the Property throughout the
      Term

              

      

    

    
       

      
        	
                (c)  

              	
                An Approved Employee means a respectable and responsible employee [and his family] of the Company or a group of employees
      of the Company. Such employee or employees to have been previously
      approved in writing by the
Landlord

              

      

    

    
       

      
        	
                (3.2)

              	
                That the Approved Employee(s) occupies the Property as licencee(s). It is not the intention of this Agreement that
      a tenancy should be created in the name of the Approved Employee or any
      other persons that may reside at
      
                  
                    that
      address

                  

                

              

      

    

    
       

      4.
Rent and charges

    

    
       

      
        	
                 
      

              	
                (4.1)
      To pay the Rent on the days and in the manner specified to the Landlord's
      Agent. If the Rent is paid by an individual or any entity other than the
      Company, it is agreed that he is acting as an agent for the
      Tenant

              

      

    

    
      

       

      Page 2 of
7 A05Form.txm - updated 05/09/08

    

    
      
         

      

      
        2

        
          

        

      

      
         

      

    

    
      
        	
                (4.2)  

              	
                To
      pay promptly to the authorities to whom they are due, council tax and
      outgoings (including water and sewerage charges, gas, electric, light and
      telephone (if any) relating to the Property), where they are incurred
      during the period of the agreement, including any which are imposed after
      the date of this Agreement (even if of a novel nature) and to pay the
      total cost of any re-connection fee relating to the supply of gas,
      electricity, water and telephone if the same is disconnected. The Tenant
      agrees to notify the Landlord prior to changing supplier for any of the
      utility services stated above

              

      

    

    
       

      
        	
                (4.3)  

              	
                That
      in the case of a breach of the terms of the tenancy by the Tenant, a
      reasonable administration charge may be made in addition to the costs of
      any remedial work, in order to compensate the Landlord or Agent his
      reasonable expenses

              

      

    

    
       

      5.           Use
of the Property

    

    
       

      
        	
                (5.1)  

              	
                Not
      to assign, or sublet, part with possession of the Property, or let any
      other person live at the Property except that during the fixed term of the
      tenancy the Tenant may assign or sublet with the landlord’s express
      consent which will not be unreasonably withheld. Such consent, as a
      variation of the tenancy agreement to be agreed in
  writing

              

      

    

    
       

      
        	
                (5.2)  

              	
                To
      use the Property as a single private dwelling and not to use it or any
      part of it for any other purpose nor to allow anyone else to do
      so

              

      

    

    
       

      
        	
                (5.3)  

              	
                Not
      to receive paying guests or carry on or permit to be carried on any
      business, trade or profession on or from the
  Property

              

      

    

    
       

      
        	
                (5.4)  

              	
                Not
      to do or permit or suffer to be done in or on the Property any act or
      thing which may be a nuisance damage or annoyance to a person residing,
      visiting or otherwise engaged in lawful activity or the occupiers of the
      neighbouring premises

              

      

    

    
       

      
        	
                (5.5)  

              	
                Not
      to keep any cats or dogs at the property and not to keep any other
      animals, reptiles or birds (or other living creatures that may cause
      damage to the Property, or annoyance to neighbours) on the Property
      without the Landlord's written consent. Such consent, if granted, to be
      revocable, on reasonable grounds by the
Landlord

              

      

    

    
       

      
        	
                (5.6)  

              	
                Not
      to use the Property for any illegal or immoral
  purposes

              

      

       

    

    
      
        	
                (5.7)  

              	
                Where
      the Landlord's interest is derived from another lease ("the Headlease")
      then it is agreed that the Tenant will observe the restrictions in the
      Headlease applicable to the Property. A copy of the Headlease, if
      applicable, is attached

              

      

    

    
       

      6.           Repairs

    

    
       

      
        	
                (6.1)  

              	
                Not
      to damage the Property and Contents or make any alteration or addition to
      the property without the written permission of the Landlord not to be
      unreasonably refused

              

      

    

    
       

      
        	
                (6.2)  

              	
                To
      keep the interior of the Property and the Contents in at least as good and
      clean condition and repair as they were at the commencement of the
      tenancy, with fair wear and tear excepted, and to keep the Property
      reasonably aired and warmed

              

      

    

    
       

      
        	
                (6.3)  

              	
                To
      pay the reasonable costs reasonably incurred by the Landlord or his Agent
      in replacing or repairing any furniture or other contents, lost, damaged
      or destroyed by the Tenant, or at the option of the Landlord, replace
      immediately any furniture or other contents, lost, damaged or destroyed by
      the Tenant, and not to remove or permit to be removed any furniture or
      other contents from the
Property

              

      

    

    
       

      
        	
                (6.4)  

              	
                That
      the Landlord or any person authorised by the Landlord or his Agent may at
      reasonable times of the day on giving 24 hours' written notice, (unless in
      the case of an emergency) enter the Property for the purpose of inspecting
      its condition and state of repair. The Tenant shall permit the Property to
      be viewed on reasonable notice (of at least 24 hours) at all reasonable
      times during the final weeks of the
tenancy

              

      

    

    
       

      
        	
                (6.5)  

              	
                To
      keep the gardens (if any) driveways, pathways, lawns, hedges and rockeries
      as neat, tidy and properly tended as they were at the start of the tenancy
      and not remove any trees or
plants

              

      

    

    
       

      
        	
                (6.6)  

              	
                To
      replace all broken glass in doors and windows damaged during the tenancy
      where the damage has been caused by the occupier, a member of the
      occupier’s family or their
guests

              

      

    

    
       

      
        	
                (6.7)  

              	
                Not
      to alter or change or install any locks on any doors or windows in or
      about the Property or have any additional keys made for any locks without
      the prior written consent of the Landlord, such consent not to be
      unreasonably withheld, and the cost of providing a set of keys for the
      Landlord or his agent to be met by the
Tenant

              

      

    

    
      

      Page 3 of
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        3

        
          

        

      

      
         

      

    

    
      
        	
                (6.8)  

              	
                To
      notify the Landlord promptly of any disrepair, damage or defect in the
      Property or of any event which causes
damage

              

      

    

    
       

      
        	
                (6.9)  

              	
                Not
      to affix any notice, sign, poster or other thing to the internal or
      external surfaces of the Property in such a way as to cause
      damage

              

      

    

    
       

      
        
          
            	
                    (6.10)  

                  	
                    To
      take all reasonable precautions to prevent damage by
  frost

                  

          

        

        
           

          
            	
                    (6.11)  

                  	
                    In
      order to comply with the Gas Safety Regulations, it is
      necessary:

                  

          

        

        
                  a) that the
ventilators provided for this purpose in the Property should not be
blocked

        

      

    

    
              b) that
brown or sooty build up on any gas appliance should be reported immediately to
the Landlord or Agent

    

     

    
      
        
          	
                  (6.12)  

                	
                  Not
      to cause any blockage to the drains, pipes, sinks or
  baths

                

        

        
           

        

      

    

    
      
        	
                (6.13)  

              	
                Not
      to introduce into the Property any portable heaters fired by liquid or
      bottled gas fuels without the Landlord's prior written
    consent

              

      

    

    
       

      
        	
                (6.14)  

              	
                That
      the Tenant shall be responsible for testing all smoke detectors (if any)
      fitted in the Property on a regular basis and replace the batteries as
      necessary

              

      

    

    
       

      7.           Other
Tenant responsibilities

    

    
       

      
        	
                (7.1)  

              	
                Within
      seven days of receipt thereof to send to the Landlord all correspondence
      addressed to the Landlord or the owner of the Property and any notice,
      order or proposal relating to the Property (or any building of which the
      Property form part) given, made or issued under or by virtue of any
      statute, regulation, order, direction or bye-law by any competent
      authority

              

      

    

    
       

      
        	
                (7.2)  

              	
                To
      pay the Landlord fully for any reasonable costs or damage suffered by the
      Landlord as a consequence of any breach of the agreements on the part of
      the Tenant in this Agreement

              

      

    

    
       

      
        	
                (7.3)  

              	
                Within
      the last two months of the tenancy to permit the Landlord or any person
      authorised by the Landlord or the Landlord's Agent at reasonable hours in
      daytime to enter and view the Property with prospective tenants or
      purchasers, having first given the Tenant a reasonable period of
      notice

              

      

    

    
       

      
        	
                (7.4)  

              	
                That
      where the Property is left unoccupied, without prior notice in writing to
      the Landlord or Agent, for a prolonged period, the Tenant has failed to
      pay rent for that period, and has shown no intention to return, the
      Landlord may treat these actions as a surrender of the tenancy. This means
      that the Landlord may take over the Property and re-let
  it

              

      

    

    
       

      
        	
                (7.5)  

              	
                To
      properly secure all locks and bolts to the doors, windows and other
      openings when leaving the Property unattended and where the Property is
      left vacant for more than 28 consecutive days and the rent is paid, to
      notify the Landlord or his agent, and to allow him access to the property
      in order to secure it where
necessary

              

      

    

    
       

      8.           End
of tenancy

    

    
       

      
        	
                (8.1)  

              	
                To
      return the Property and Contents at the end of the tenancy in the same
      clean state or condition as they were at the commencement of the
      tenancy

              

      

    

    
       

      
        	
                (8.2)  

              	
                To
      leave the Contents at the end of the tenancy in approximately the same
      places in which they were positioned at the commencement of the
      tenancy

              

      

    

    
       

      
        	
                (8.3)  

              	
                To
      return the keys of the Property to the Agent on the agreed termination
      date, or the end of the tenancy (whichever is sooner). The Tenant also
      agrees to pay for any reasonable charges incurred by the Agent in securing
      the Property against re-entry where keys are not
  returned

              

      

    

    
       

      9.           The
Landlord agrees with the Tenant that:

    

    
       

      
        	
                (9.1)  

              	
                The
      Landlord shall permit the Tenant to have quiet enjoyment of the Property
      without interruption by the Landlord or his Agent, however this does not
      preclude the Landlord from taking action through the courts should the
      Tenant fail to pay the rent due or be in breach of the Tenancy
      Agreement

              

      

    

    
       

      
        	
                (9.2)  

              	
                The
      Landlord will return to the Tenant any rent payable for any period during
      which the Property may have been rendered uninhabitable by fire, flood or
      any other risk which the Landlord has insured, other than where the damage
      has been caused by the act or omission of the Tenant, his family or his
      visitors.

              

      

    

    
       

      Page 4 of
7 A05Form.txm - updated 05/09/08

    

    
      
         

      

      
        4

        
          

        

      

      
         

      

    

    
      
        	
                10.

              	
                Subject to the condition that a Landlord must obtain a court order for possession of the Property before re-entering the

              

      

    

    
      
        	
                 
      

              	
                premises;
      if the Tenant does not:

              

      

    

    
       

              (a) pay the rent (or any part of it) within 14 days of the date on which it is due; or

    

    
              (b) comply with the obligations set out in the agreement,

    

    
                  then the landlord may
re-enter the Property and end the Tenancy.

    

    
       

      This
right must be exercised in the correct way through the Courts and only the Court
can order the Tenant to give up possession of the Property

    

    
       

      
        	
                11.  

              	
                The Landlord agrees to carry out any repairing obligations as required by section 11 of the Landlord and Tenant Act 1985 (see note
      4)

              

      

    

    
       

      12. In this Agreement unless the context otherwise requires the following expressions shall have the following meanings:

    

    
       

      "The
Landlord" includes the persons who during the period of the tenancy have a legal
interest in the property

    

    
       

      
        	
                 
      

              	
                "The
      Tenant" includes those who might inherit the tenancy. Whenever there is
      more than one Tenant all covenants and obligations can be enforced against
      all of the Tenants jointly and agains each individually. This means that
      any one of the members of a joint tenancy can be held responsible for the
      full rent and other obligations under the agreement if the other members
      do not fufil their
obligations

              

      

    

    
       

      
        	
                13.  

              	
                Before the Landlord can end this tenancy, he shall serve any notice(s) on the Tenant. Such notice(s) shall be sufficiently served
      if served at the last known address of the tenant in accordance with
      section 196 of the Law of Property Act 1925 (see note
  5)

              

      

    

    
      

      14. The Property is let together with the special conditions (if any) listed in the First Schedule attached hereto

    

    
      

       

      Page 5 of
7 A05Form.txm - updated 05/09/08

    

    
      
         

      

      
        5

        
          

        

      

      
         

      

    

    
      THE FIRST SCHEDULE (attach a separate sheet if
necessary)

    

    
       

      Special
conditions:

    

    
       

      1. The
inventory check out fee will be 15% of the gross monthly rent with a minimum fee
of £58.75 (fifty eight pounds and seventy five pence) inclusive of VAT. Payable
prior to tenacy commencement. This is a non refundable fee.

    

    
       

      Deposit

    

    
       

      3. The
deposit is held by the Landlord therefore any arbitration or dispute is between
the tenant and the Landlord.

    

    
       

      4.Arun
Lettings will advise all utility companies of closing readings and the tenants
address will be advised to all parties, unless the tenant advises, in writing.
All closing accounts must be settled immediately by the
tenant.

    

    
       

      5. All postal redirections will be charged at £11.75 (inclusive of vat).

    

    
       

      6. The occupation of the property is subject to the property being vacant at the date of the commencement of the tenancy. Therefore any
hardship of an emotional or financial nature is not the responsibility of the
Agent or Landlord.

    

    
       

      7.The
Tenant Information sheet was read and understood prior to referencing commencing
and I/we had the opportunity to discuss matters prior to
proceeding.

    

    
       

      8.To be
read in conjunction with 3.15 : Safety glass: All replacement glass to be safe,
must be glazed with toughened or laminated glass or with robus glazing materials
such as polycarbonate or, for screens, glass blocks. Suitable flat glass and
plastic sheet should be made to British Standard BS6206. Small panes in doors
and glazed panels can be of ordinary glass so long as it is at least 6mm thick,
is held in place by glazing beads, has a maximum width of 250mm and a maximum
area of 0.5 sq. m.

    

    
       

      9.           The tenant will be included, at his expense, in a block contents insurance scheme operated by the Agent at the request of the
Landlord. The cover must be confirmed by the tenant as adequate and not
underinsured. The premium is to be paid to the Agent
prior to the commencement of the tenancy and every twelve months thereafter as
long as the tenancy lasts. Should the
tenant hold a suitable existing policy the Landlord's permission will be sought
to exclude the tenant from the Block

    

    
       

      Contents
Policy.

    

    
       

      10.           In reference to clause 3.2: the approved employees licenced to occupy the property throughout the tenancy are.Mr Abdul Mitha

    

    
      

       

      Page 6 of
7 A05Form.txm - updated 05/09/08

    

    
      
         

      

      
        6

        
          

        

      

      
         

      

    

    
      SIGNED
by the LANDLORD(s) :   /s/  C.
Nelson

    

    
      

       

      In
the presence of :

    

    
      

       

      Name:                          Terry
Sweeney

    

    
      Address:                     Arun
Estates Residential Lettings, 25 - 26
Windmill Street, Gravesend,
Kent

    

    
      Occupation:                Lettings

    

    
      

       

      Witness
Signature:                                     /s/  Terry
Sweeney

    

    
      

       

      SIGNED
by the TENANT(s) :- Clean Power Technologies Limited

    

    
      

       

      /s/           A.
Mitha                                           Date:  November
15, 2008

    

    
       

      In
the presence of :-

    

    
      

       

      Name:                       Matt
Wilson

    

    
      Address:                 Arun
Estates Residential Letters, 25 - 26
Windmill Street, Gravesend,
Kent

    

    
      Occupation:            Lettings

    

    
      

       

      Witness
Signature:              /s/   Matt
Wilson

    

    
      

       

      (c) The
Letting Centre, 2005 Page 7 of 7 A05Form.txm - updated
05/09/08

    

    
      

      

        
          
             

          

          
            7

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