ALTERING A PRIOR DEED BY IMPOSING ADDITIONAL TERMS IN A CONTRACT



(ONE PARTY BEING DISAGREEING FROM THE ORIGINAL)

THIS AGREEMENT is made on the ____ day of 200 by and between

M/s _______, with their office at _______ (hereinafter called "the Grantor") of the one part

AND

M/s______, having its office at ____ (hereinafter called "the Buyer') of the other part;

WHEREAS this deed is additional to the deed of lease (hereinafter called "the principal deed") made on the ___ day of ____ between M/s ABC, with their office at ____ and the purchaser of the other part relating to the plot of land and the factory located therein;

AND WHEREAS M/s ABC has with the consent of the purchaser sold the property to the Grantor.

AND WHEREAS per clause 4 of the principal deed the purchaser bearing a right in holding the property on lease if name of the lessor is changed. Similarly Grantor is obliged in allow the Buyer per holding the plot on lease for 15 years from the date of this Agreement.

AND WHEREAS as per clause 15 of the principal deed if ownership of plot altered, Buyer and the fresh owner shall be executing an additional deed by getting it registered.

SUBJECT TO THE ABOVE NOW THESE PRESENTS WITNESSES and the parties hereby mutually consent as below.

1. That the principal deed shall be so read and under stood for giving effect to clause 15 of principal deed. Name of Lessor in the principal deed be substituted with name of the Grantor.

2. That except as altered as laid herein before the principal deed with all terms/conditions thence continue as binding and fully enforceable/effective.

IN WITNESS WHERE OF, the parties hereto have signed the agreement on the date first herein before mentioned.

Grantor

Buyer

Witnesses:

1.

2.