RENT AGREEMENT
This Rent Agreement is made on this 15/03/2022 by Kaicom Solutions Japan BD Co.
Ltd. , Add: House No.-01, Road No.-ll, Block-H, Banani (ANZ Haque Eleven Square)
Dhaka in 7th floor of Room 01 and 03, Herein after called the Lessor, Party Of the first
part
AND
Sun Co. Ltd, Bangladesh Branch office , called Lessee, Party of the Second Part
That the expression of the term , Lessor and the Lessee Shall mean and include
their legal heirs successors , assigns , representative etc. Whereas the Lessor is the
have ability possession of the property to the Lessee and the Lessee has agreed to take
the same on rent of BDT.200,000/- (Two Hundred thousand only) per month.
NOW THIS RENT AGREEMENT WITNESSETH AS UNDER:-
1. That the Lessee shall pay as the monthly rent of BDT.200,000/- (Two Hundred
thousand only) per month, including electricity and water charge by the 07 th
day of every month.
2. That the Lessee shall pay the Three month’s advance rent, BDT DT.600,000/- (Six
Hundred thousand only) to the Lessor the same shall be adjusted in monthly rent
while the termination of the agreement contact. And the balance, if any, shall be
refunded to the Lessee immediately after expiry/termination of the lease agreement.
3. That the /Lessee shall not sub–let any part of the above said demised premised
premises to anyone else under any circumstances without the consent of Lessor.
4. That the Lessee shall abide by all the bye - laws , rules and regulation, of
the local authorities in respect of the demised premises and shall not do any
illegal activities in the said demised premises.
5. That this Lease is granted for a period of twenty four months (24)
months only commencing from 01/04/2022 and this lease can be extended
further by both the parties with their mutual consent on the basis of
prevailing rental value in the market .
6. That this Lease should continue the rent agreement at least for a period of
twelve (12) months commencing from 01/04/2022 or need to pay the equivalent
rent to Lessor for earlier termination (before twelve month).
7. That the Lessee shall not be entitled to make structure in the rented premises
except the installation of temporary decoration, wooden partition/ cabin, air –
conditioners etc. without the prior consent of the Lessor.
8. That the Lessee can neither make addition/alteration in the said
premises without the written consent of the owner, nor the lessee can sublet
part or entire premises to any person(s)/firm(s)/company(s).
Contd: 2/-
9. That the Lessee shall permit the Lessor or his Authorized agent to enter in
to the said tenanted premises for inspection/general checking or to carry out
the repair work, at any reasonable time.
10. That if the Lessee fails to pay rents for consecutive two (2) months, this
agreement to be treated void automatically. In such case, the advance deposit to be
adjusted as rent for two months and outstanding amount (if any) to be refunded
to Lessee by Lessor.
11. That the Lessee shall keep the said premises in clean & hygienic condition and
shall not do or causes to be done any act which may be a nuisance to other.
12. That the Lessee shall perform the ordinary maintenance and minor repairs under
Taka twenty thousand (20) only, excluding reasonable wear and tear.
13. That this Agreement may be terminated before the expiry of this tenancy
period by serving Two month prior notice by either party for this intention .
14. That the Lessee shall use the above said premises for Official Purpose Only.
15. That the Lessee Shall not store/Keep any offensive, dangerous, explosive or
highly Inflammable articles in the said premises and shall not use the same
for any unlawful activities .
16. Any income tax if applicable will be on Lessor’s account but VAT if applicable
will be Lessee’s account.
17. That both the parties have read over and understood all the contents of this
agreement and have signed the same without any force or pressure from any side.
In WITNESS WHEREOF the lessor and the Lessee have hereunto subscribed their
hand at Dhaka on this the 15/03/2022 year first above Mentioned in presents of the
following Witnesses
WITNESSES: -
Lessor
Anjan Kumar Das
Managing Director,
Kaicom Solutions Japan BD Co. Ltd.
Lessee
Mr. Nakasone Shumpei
Managing Director,
Sun Co. Ltd, Bangladesh Branch
2 .
Mr. Anik Sarkar
CTO, Kaicom Solutions Japan BD Co.
Ltd.
1.
Yasuhiko Akita
Manager
Sun Co. Ltd, Bangladesh Branch