COMMON AREA MAINTENANCE (CAM) AGREEMENT
This Common Area Maintenance Agreement (this "Agreement") is made at S.A.S. Nagar (Mohali) on 2 April 2026.
BETWEEN
Sethi Estates Private Limited, of House No. 1204, Sector 33-C, Chandigarh 160020, acting through Harpreet Kaur Sethi, Director, PAN AABCS1234K, GSTIN 03AABCS1234K1ZQ (the "Landlord", which expression includes its successors in interest and permitted assigns);
AND
Northline Analytics Private Limited, of Plot No. 8, Phase 8-B, Industrial Area, S.A.S. Nagar (Mohali) 160055, acting through Rohit Nair, Director, PAN AAECN5678L, GSTIN 03AAECN5678L1ZP (the "Tenant", which expression includes its successors in interest and permitted assigns).
The Landlord and the Tenant are each a "Party" and together the "Parties".
RECITALS
A. By a lease deed dated 1 April 2026, registered as Document No. 4521/2026, Book I, Sub-Registrar S.A.S. Nagar (Mohali) (the "Lease"), the Landlord let to the Tenant the premises described in Recital B, forming part of the building known as Bestech Business Tower (the "Building").
B. The premises let under the Lease (the "Premises") are Unit 305, Third Floor, Tower B, Bestech Business Tower, Plot No. C-2, Sector 66, S.A.S. Nagar (Mohali), at S.A.S. Nagar (Mohali), in the State of Punjab, admeasuring approximately 2,400 square feet of carpet area.
C. This Agreement records the terms on which common area maintenance services for the Building are provided to the Tenant, and the charges the Tenant pays for them. This Agreement creates no leasehold, sub-leasehold, tenancy or licence interest in favour of the Tenant in the Common Areas or in any other part of the Building, grants the Tenant no exclusive possession of any area, and does not amend, extend or vary the rent, the Term or any other provision of the Lease. Clause 2 states this in operative terms.
D. The Landlord has agreed to provide, or to procure the provision of, the CAM Services described in clause 3 for the Term, and the Tenant has agreed to pay the CAM Charges for them, on the terms of this Agreement.
NOW THIS AGREEMENT WITNESSES as follows.
- DEFINITIONS AND INTERPRETATION
1.1 "Common Areas" means the entrance lobbies, corridors, staircases, lifts and escalators, common toilets, security and reception areas, driveways, parking areas, landscaped areas, terraces and other areas of the Building that are not let or licensed to the exclusive use of any one occupant, together with the fire-safety, electrical, plumbing and other systems and equipment serving them.
1.2 "CAM Services" means the services described in clause 3.
1.3 "CAM Charges" means the charges computed under clause 4, as escalated under clause 5.
1.4 "CAM Year" means each period of twelve months commencing on the Effective Date and each anniversary of it, and, for the first and last such periods if shorter, that shorter period.
1.5 "Term" means the term of the Lease, including any renewal or extension of it that the Parties agree.
1.6 References to a statute are to that statute as amended or re-enacted, and as extended to the place where the Premises are situated. Headings do not affect interpretation. The singular includes the plural.
- NATURE OF THIS AGREEMENT
2.1 This Agreement is a contract for services and for the sharing of their cost between the Landlord and the Tenant. Nothing in this Agreement creates or is intended to create a leasehold, sub-leasehold, tenancy or licence interest in favour of the Tenant in the Common Areas or in any other part of the Building, or grants the Tenant exclusive possession of any area, and nothing in this Agreement amends, extends or varies the rent, the Term or any other provision of the Lease.
2.2 This Agreement is chargeable to stamp duty as an Agreement under Article 5(c) of Schedule I-A to the Indian Stamp Act, 1899, the residuary entry for an agreement not otherwise provided for, and not as a Lease under Article 35 or Article 36 of that Schedule, for the reason stated in clause 2.1. Clause 9 states the stamping and registration position in full.
2.3 If there is a conflict between this Agreement and the Lease, the Lease prevails on the rent, the Term, the extent of the Premises and every other subject the Lease governs; this Agreement prevails on the CAM Services and the CAM Charges, which the Lease does not deal with beyond referring the Tenant to this Agreement. The two are read together.
- CAM SERVICES AND THE CAM ADMINISTRATOR
3.1 Subject to this Agreement, the CAM Services are: cleaning and housekeeping of the Common Areas; security services and access control for the Building; operation and maintenance of the lifts and escalators serving the Common Areas; electricity for the lighting, ventilation and air-conditioning of the Common Areas and for their lifts, escalators and pumps; landscaping and horticulture; testing, maintenance and certification of the fire-detection, fire-alarm, sprinkler and other fire-safety systems serving the Building; pest control for the Common Areas; and general repair and upkeep of the Common Areas and of the plant and equipment serving them, fair wear and tear excepted.