Sample Rent Lease Agreement for Factory Building
I have attached sample rent lease agreement for factory building.
LEASE DEED OF LAND
THIS DEED OF LEASE made at Ahmednagar this 15th day of December , 2010, between …………….. son of …………….. resident of ……………… hereinafter referred to as “the Lessor” of the ONE PART and …………….. son of …………….. resident of …………… hereinafter referred to as “the Lessee” of the OTHER PART.
WHEREAS the Lessor is the exclusive owner of piece of land bearing Plot No. ……………… situated at ……………………………………. ( more particularly described in the Schedule A hereunder written ), hereinafter referred to as the demised premises.
AND WHEREAS the Lessor has agreed to grant to the Lessee a lease in respect of the said premises for a period of ………….. years, vide Agreement of premises lease dated ………….. hereinafter referred to as “the said agreement” subject to terms and conditions laid down in the said agreement.
AND WHEREAS the lessor has made out his marketable title to the demised premises free from all encumbrances, claims or reasonable doubts.
NOW THIS DEED WITNESSETH AS FOLLOWS:
1. In pursuance of the said agreement and in consideration of the rent hereby granted and the Lessee’s covenants hereinafter mentioned, the Lessor hereby demise unto the lessee the demised premises, to hold the demised premises unto the Lessee (and his heirs, executors, administrators and assigns) for a period of…………….. years commencing from the …………….. day of …………….., 2000, at a yearly rent of the year for which it is due, the first of such yearly rent shall be paid on …………….. and the subsequent rent to be paid on or before the …………….. day of every succeeding year regularly.
2. The lessee shall construct a suitable house and other structures on the demised premises hereby demised according to and in conformity with the map or plans hereto annexed, which has already been sanctioned by the Municipal Corporation of……………… within a period of one year from the date hereof.
3. The Lessee hereby agrees to the following covenants:
(a) To pay rent hereby reserved on the day and in the manner aforesaid to the lessor.
(b) To pay all taxes, cess, impositions, assessments, dues and 9, duties payable in respect of the demised premises and the building to be constructed thereon to the Government of ……………… or the Municipal Corporation or any other local authority or public body.
(c) Not to sub-let, sell, dispose of or assign the demised premises or the house constructed on the demised premises without the consent of the lessor in writing.
(d) To keep the building constructed on the demised premises in good and tenantable condition.
(e) To permit the lessor or his duly authorised agent or agents to enter the demised premises at all convenient times for inspection of the building.
(f) To insure and to keep insured the building that may be constructed on the demised premises against the loss or damages by d fire, earthquake, riot or affray with an insurance company approved in writing by the lessor in the joint names of lessor and lessee for an amount which shall not be less than Rs. ………………
(g) To use the demised premises for construction of house which will be used for residential purpose only.
(h) Not to use the demised premises or the building constructed or any part thereof for any illegal purpose.
4. The Lessor hereby agrees to the following covenants:
(a) The lessor is absolutely seized and possessed of or otherwise well and sufficiently entitled to the demised premises and is having full power and absolute authority to demise unto the lessee the demised premises.
(b) The lessee shall peacefully and quietly hold, possess and enjoy the demised premises, during the term of lease without any interruption, disturbance, claims or demand whatsoever by the lessor or any person or persons claiming under him, subject however, the lessee paying the said yearly rent on the due dates thereof and in the manner herein provided and observing and performing the covenants, conditions and stipulations herein contained and on his part to be observed and performed.
(c) Not to unreasonably withhold his consent to any sub-lease, transfer or assignment of the demised premises, if intended to be made by the lessee.
5. It is hereby agreed that if default is made by the lessee in payment of the rent for any three years, or in observance and performance of any of the covenants and stipulations hereby contained and on the part to be observed and performed by the lessee, then on each such default, the lessor shall be entitled in addition to or in the alternative to any other remedy that may be available to him at his discretion, to terminate the lease and eject the lessee from the premises demised and from the building, that may have been constructed thereon; and to take possession thereof as full and absolute owner thereof, provided that a notice in writing shall be given by the lessor to the lessee of his intention to terminate the lease and to take possession of the demised premises but if the arrears of rent are paid or the lessee comply with or carry out the covenants and conditions or stipulations, within fifteen days from the service of such notice, then the lessor shall not be entitled to take possession of the said premises and building.
AND IT IS HEREBY AGREED BETWEEN THE PARTIES AS FOLLOWS:
(a) On the expiry of the term hereby created and subject to the observance and performance of the covenants, conditions and stipulations herein contained and on his part to be observed and performed, the lessee will have the option to renew the lease of the demised premises for a further period of ………….. years, provided he gives a notice to the effect in writing by registered post to the Lessor of his intention to do so at least three calendar months before the termination of the present lease; provided that the rent payable by the lessee to the lessor during the extended time of the lease shall be Rs. …………… per annum, which will include the rent of the demised premises and of the building constructed thereon, which an the expiry of term of the lease, shall vest in and be the absolute property of the Lessor as hereinabove mentioned. After the expiry of the said period of …………….. years, the Lessee shall not be entitled to exercise further option of renewal of the lease and shall deliver the demised premises and the building constructed thereon to the lessor in good condition as hereinbefore provided.
(b) The Lessee shall be entitled to purchase the reversion during the subsistence of this demise, in respect of the demised premises on the payment to the Lessor, a consideration to be agreed upon between the Lessor and Lessee and the lessor shall execute conveyance in respect of the reversion of demised premises purchased by the Lessee in favour of the lessee or his nominee or nominees; provided that the lessee may be entitled to purchase a portion or portion of the reversion in respect of any portion of the demised premises, the rent hereby agreed to be paid by the Lessee to the Lessor shall be proportionately reduced.
(c) On the expiry of the term hereby created or earlier determination under the provisions hereof, the lessee will hand over the peaceful and vacant possession of the demised premises and building constructed thereon to the Lessor in a good condition.
6. This Lease Deed shall be executed in duplicate. The original shall be retained by the Lessor and the duplicate by the Lessee.
7. The stamp duty and all other expenses in respect of this Lease Deed and duplicate thereof shall be borne and paid by the Lessee.
8. The marginal notes and the catch lines hereto are meant only for convenience of references and shall not in any way be taken into account in the interpretation of these presents.
IN WITNESS WHEREOF, the Lessor has set its hand unto these presents and a duplicate hereof and the Lessee has caused its common seal to be affixed hereunder and a duplicate hereof on the day, month and year first hereinabove written.
The Schedule A above referred to
Signed and delivered by the within named lessor
Signed and delivered by the within named lessee
Indoor Team Building Games
I am enclosing a activity which might be useful.Activity always depends on the outcome that organization wants from their employees.
Indoor Team Building Games
Team Building USA provides indoor team building games tailored specifically to your needs. We can spice up a technical conference, facilitate exercises which parallel work issues and provide the context to get your teams to work together more effectively. Many of our clients use our indoor team building games because of in climate weather, space limitations or tight time considerations. We use some of the following games for our indoor team building programs.
Indoor Team Building Game #1 – Crossing the Line
Equipment: 25 foot length of rope, masking tape. Place rope on the floor in the shape of a circle. Tape a line down the middle of the circle to create two halves.
Time: 5 – 15 minutes.
Outcomes: Introduces participants to cooperation verses competition. Many organizations evidence a culture which rewards employee competition verses employee cooperation (i.e. review your sales compensation strategies). This initiative is excellent to begin a discussion around the strengths and weaknesses of a competitive culture.
Set-up: Select two “volunteers” from the group. (Try and pick the two most competitive individuals – each should have high ego strength). Have them enter the circle and face each other. Tell them this is an initiative around power and influence and the goal is to use all their considerable powers of influence, including but not limited to, arguments, lecture, bribery and trickery to get the other person to cross completely over the line.
1. They may not touch each other physically.
2. Audience members may not contribute suggestions. However, they can lay bets on who will win.
Facilitation: The group leader (facilitator) acts as the referee. You can have them shake hands and shout “Begin!”. The more you set the atmosphere up like a wrestling match the better. You can throw in comments such as, “John, good point! Randy are you convinced?” and other comments to reinforce the best way to get someone to do what you want is to persuade them. Of course the fastest way to reach the goal in this exercise is to give the other person what they want, not demand what you want. A very good debrief can follow as you explore who really won. Was it the person who crossed the line first or was it the person who crossed the line first in order to get the other person to cross the line?
Facilitator note: The power of these exercises rest not in the games themselves, but in the debrief afterwards. The debrief must make the link back to issues the participants are facing at work or the games are pretty much a waste of time. The real value of team building comes alive when concrete business problems get solved.
Indoor Team Building Game #2 – Customer Connection
Connections is an initiative which mirrors how business processes flow (or don’t). Each participant is an integral part of a business system which must perform their role and link with other participants to deliver product or service to the customer.
1. Roles and responsibilities
2. Customer service
3. Business systems and performance
4. Continuous flow/lean thinking
6. Continuous improvement
1. A marble (which represents the customer, product or service).
2. Lengths of PVC pipe cut into various sizes with holes (represents each participant’s role in processing customer, product or service). One pipe for each participant.
3. 20 foot length of rope. Lay the rope on the ground in a curving line. At one end place the bucket, the other end is the starting point.
4. A bucket (representing ultimate customer satisfaction/delivery of product or service).
1. Put the PVC pipe in the middle of the floor.
2. Instruct everyone to pick up a single piece of pipe.
3. Describe the objective and the rules.
The marble represents your customer. You are seeking to deliver ultimate customer satisfaction! Each of you has a role to play in processing this customer’s order from inception (beginning of rope) to final delivery (bucket). Your role is to create a processing sequence for your customer. You must roll the marble from the starting point of its journey, through the tubing, and into its final destination – the bucket, in the fastest time possible, without dropping it (your customer).
1. The tubing you chose is your part of the connection. You may not substitute your tubing with anyone else or exchange your tubing with the remaining unselected pieces of tubing.
2. You may put your tubing close to other tubing, but you may not attach your tubing in any way to any one else’s tubing. You may not touch anyone else’s tubing.
3. The marble must go through everyone’s tubing at least once.
4. If the marble hits the ground or stops it must begin again at the starting point. Dire consequences may occur if you drop your customer.
5. Only the tubing may touch the marble (no hands).
6. The marble must follow the path laid out by the rope to its final destination.
7. The marble must travel in a continuous forward motion (no backwards motion). The marble may not stop.
8. You may not move your feet when the marble is traveling through your tube.
9. The rope and bucket may not be moved.
10.You have 5 minutes for planning and then you will be timed to see how quickly you can deliver customer satisfaction.
Notes to Facilitator:
This initiative works well indoors or out. It is helpful to ask the team to suggest a product or service their company makes or delivers. Use this as the metaphor for the initiative. Watch closely especially at the beginning for team members holding onto one another’s PVC tubes. Also, be strict against any violations the first few times the marble roles through the tubes. You can relax a bit after that as most groups will begin to police themselves. When the marble drops or stops call time and make up some kind of customer complaint, “Oh, Bob the customer does not like to be put on hold for that long….or, Bob, just told 17 of his friends about the poor service he just received from your company. He says if he is treated in such a rude manner again, he will take his business elsewhere.” If the marble (customer) continues to be dropped over and over again, you can begin to impose penalties like: you may now only hold your tubing with one hand, or blindfold someone, or downsize someone to a smaller tube with the excuse that “upper management has decided to cut costs because they are losing so many customers so your position has just been downsized.”
Q. What frustrated you with this experience?
Q. What did it take for your team to finally achieve success?
Q. How did you find yourself reacting to the customer being dropped?
Q. What process did you use to plan your strategy?
Q. How effective or ineffective was your planning time? What made it so?
Q. If you were to do this again, what would you change about your planning time?
Q. What stopped the customer from smoothly flowing through the process?
Q. How did you deal with the resource limitations you faced in delivering the customer?
Q. How did the team respond to the breakdowns?
Q. In what ways is this experience similar to what goes on at work?
Q. Where do the breakdowns happen with your customers right now?
Q. Once you identify a problem on your team, or with customer service, what process do you have in place to create a solution?
Q. Can you think of breakdowns which have occurred over and over again in your company?
Q. Why do these breakdowns keep re-occurring?
Q. What process do you need to bring around the problems to ensure the breakdowns stop?
Q. What kinds of new roles or responsibilities might you need to take on in order to solve the problem?