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“LAND (CANAL) LEASE AGREEMENT”

HAJI MD. NASIR ULLAH, son of Late Taleb Hossain, Mother – Late Khadija Begum, Kumkumari, Ashulia, P.S. Savar, Dist. Dhaka, Profession – Business, Religion – Islam, Nationality – Bangladesh.

Signature Md. Nasir Ullah

The 1^st Party(Land/Canal Owner)

MR. RAIHAN SHARIF, Chief Operation Officer/Company Secretary, Matsuoka Apparels Ltd., Plot No. 60,  Road No. 7, Ward No. 4, Block A, Kumkumary, Savar, Dhaka.

Signature Raihan Shaint

The 2^nd Party (Tenant)

Remembering the name of the merciful Allah and for to fall down of the  purified water of the factory and beginning the agreement of rent. The first party is the owner of the land situated in the Khagan Canal and as there is needed of the cash, the following schedule included land (canal) rent and as there is made proposal, the second party was agreed to take it and among the both of the parties.

TERMS AND CONDITIONS

1. Duration of this Agreement will be effected from the dated 30/05/2008 AD to 30/12/2011 AD total 3(three) years. Through the compliance of both of the parties, duration of the Agreement shall be increased for the next time.

2. The 2^nd Party will be given to the 1^st Party for the purpose of land rent (canal) in monthly 15,000/- (fifteen thousand) without any advance and within 10^th dated of each month to the 1^st party.

3. The Tenant 2^nd Party at any means the said land (canal) to any other party for rent or transfer or any kind of monetary organization, keeping mortgage or taken loan could not be done.

04.       The 2^nd Party could only be used for to fall down of water of the factory.

05.       The 2^nd Party without the permission of the 1^st Party, there could not be made change/extension land (canal).

06.       At the end of each 3(three) years and for the purpose of next time, with the running rent keeping the consistency and through the compliance of both of the parties, there could be made extension of the rent.

Schedule

Land (Khagan Canal) Kumkumary, Ashulia, Savar, Dhaka.

This land (Canal) Rent Agreement after read out both of the parties and after confirm of the motive and in good physic, in full of sense, without influence of other there is performed of sinning.

Signature of the Witnesses:

Signature of the Witnesses:		Signature : Md. Nasir Ullah Signature of the 1st Party Matsuoka Apparels Ltd.
01. Md. Mahmud Zaman (Bapi)      Kumkumary, Ashulia, Dhaka.		Signature : Raihan Sharif Secretary/C.O.O. Signature of the 2nd Party.
02. Md. Mahamudul Hasan 1070/1 East Shewrapara, Mirpur.
03.Kazi Makfor Uddin Charabog, Ashulia, Dhaka.