1. PURPOSE OF PROPERTY:

The property is provided for commercial use only for the purpose stated in the tenant’s trade license. It is against the law to carry on in the office any trade, profession or business or use the office for any legal, illegal, or immoral purpose and it is not permitted to use the office without a Trade License or any part of it for any purpose which would annoy other tenants. Should a tenant cease to be employed by or sponsored by a sponsor by the requirement of the immigration authorities of the UAE, or a company shall cease to be licensed by the Dubai municipality to carry on business in Dubai, the tenant should inform the management. Should the tenant not have taken up new employment or new sponsorship or shall not have become duly licensed as appropriate, the management has the right to terminate the lease on one month’s notice.

2. MAINTENANCE:

Major maintenance is the sole liability of the landlord. Major maintenance is described as maintenance, including but without limitations, aspects of the structure of the building and include, but it’s not exhausted work required to the roof, and main drainage breakage. All other maintenance is the liability of the tenant. The Tenant undertakes to immediately notify the Landlord in the event of a flood or other incident involving the Property or upon the discovery of any damage or fault in the Property requiring repair or attention. (The Tenant shall be responsible for the payment of any repairs and damage to the Property caused by its occupant’s
negligence). The Tenant undertakes to permit the Landlord entry to the Property for inspection and repairs at any time, including in circumstances where the Tenant is not present. The Landlord will be responsible for the maintenance and repair of air-conditioning, plumbing water, and electrical/electronic system supplied in the Property, The Landlord reserves the right to temporarily stop such services by reasons of accident or emergency or for repairs, alteration,
replacement, or improvements.

3. INSURANCE:

Insurance of the content at the property is the liability of the tenants. Should the Tenant wish not to insure the contents at the property, the Landlord will not accept any liability for any loss or damage on account of fire, theft, flood, accident or any such event, at the property during the tenancy period. The Tenant undertakes to take appropriate insurance cover for their personal belongings within the leased premises and for their occupation period.

4. PAYMENT DETAILS:

AED 1,000 will be charged for the returned cheque. Four (4) working days grace period is provided to settle the due amount, otherwise, the tenant will be liable to pay an additional 20% of the returned cheque amount as a penalty. During nonpayment of the cheque amount within 15 days from the cheque bounce date, the Lessor reserves the right to terminate the contract and occupy the tenanted property without any prior notice. The Landlord further reserves their right to initiate legal action at their discretion to recover the amount and or evict the defaulted tenant.The Lessor reserves the right to deduct the amount from the security deposit to cover the cost of unpaid bills (if any), or late payment charges (if any as per the sub-clause). Any deductible amount will be applicable only on prior written communication between the landlord and the tenant.The Lessor reserves the right to collect 5% VAT of the contract value and other applicable tax fees.A non-refundable charge of Dhs. 300/- (Dirhams Three Hundred only) for lost access card replacement or request for an additional access card.The security deposit will be refunded after 60 working days after the inspection is done and approved by the Czar team. If the lease is
breached/terminated/cancelled before the stipulated agreed tenure, then the security deposit will be forfeited.

5. RENEWAL/VACATING OF PREMISES AND RENTAL FEES:

• To renew the tenancy contract, the landlord and tenant before 3 (three) months’ expiry of the existing tenancy contract will review the rent, whether to increase or decrease. If the parties do not reach an agreement regarding this, the committee may decide fairly considering the standards referred to in Article No.9 of law No. 33 of 2008.
• If both parties agree to renewal, the renewed tenancy contract’s payments must be made at least 1 (one) month before the commencement of the renewed
  contract.
• The Lessor however has the right to immediately terminate the contract if the due rental payments are not credited as per the due date.
• The rent increase can take place as per RERA, by the 2009 rent cap and the index of rental values. However, it will be calculated on the office rent amount, not on the Annual Contract value or discounted amount.
• If either party of the tenancy contract wishes to amend any of its conditions, then he must notify the same to other parties not less than ninety (90) days prior
  date, unless both parties agreed otherwise.
• The tenant undertakes not to transfer the subject or occupant of the tenancy to anyone else under any circumstances.
• The landlord shall have the right to assign or transfer any of its rights and/or obligations under this contract without the prior written consent of the tenant.
• Renewal of Tenancy is at the discretion of the Landlord. If the Tenant does not renew the Tenancy on the expiry date, then the Tenant will have to pay the rent as demanded. The rent applicable to the renewal period will be at the same rates as the rent applied to the last year of tenancy under this contract or as the Landlord shall notify the tenant. If the contract is not renewed on time, 1% per month will be charged extra for the overstay period, being the period from the last day of the previous contract to the date on which the tenancy contract is renewed or the tenant vacates the premises after settling all dues and producing clearance certificate as stipulated. The Landlord further reserves their right to initiate legal action at their discretion to recover the amount or evict the defaulted tenant.
• If the Tenant is absent from town at the expiry of the Period of Tenancy or leaves the premises without the Landlord’s consent, or if he has not paid the balance or The Rent due by him, the Landlord has the right to ask the Local Competent Authority to open and handover to him the premises after counting and selling the contents and paying the Landlord his dues.
• The Tenant undertakes to pay all Taxes levied by the Government and any authorities about the Tenancy such as Municipal or other Government taxes in
  force now or in the future. The tenant also undertakes to pay any service charges or fees, or expenses levied and/or incurred and as demanded by the landlord without any demur.
• lf the Tenant wishes to carry out modifications or improvements to the Property; he must obtain the prior written approval of the Landlord. If the Tenant has
  damaged the property without prior written consent from the Landlord, then the Tenant is liable to pay for the cost of the damages, in addition to a management fee of AED 500-1,000/-. All alterations, decoration work or repairs carried out on the premises becomes the property of the Landlord when the contract expires unless the same alterations, decorations, and repairs com be removed from the premises without causing any damage or change to the premise originally handed over to the Tenant.
• At the time of vacating the Property, the Tenant undertakes not to remove any of the Landlord‘s furniture, fixtures and fitting or modifications, which the Landlord may have installed. The Landlord has the right to instruct the Tenant to reinstate the Property to its original condition at the Tenant’s expense. Normal wear and tear accepted.
• Without prejudice to any other rights, the landlord might have, if the Tenant acts in breach of ANY of the terms of this contract, specifically but not exclusively in the event of non-payment for cheques dishonoured, the Landlord has the right to evict the tenant forthwith, and the Tenant shall lose the right to any benefits under this contract.
• If the property has ceramic tile or marble, granite or timber flooring, the Tenant shall not affix carpets by any method, if any damage is caused due to this act, the Tenant shall be responsible for the full cost of repair or replacement, including any consultant specialist’s fee.
• The Landlord shall be under no liability to the Tenant in respect of any loss, damage, injury, nuisance, or inconvenience incurred by the tenant/occupants of
  the Property, its employers, or visitors from any case whatsoever.
• For reasons of health & hygiene, pets are not accepted on the Property.

Any mail forwarded by the Landlord to the address provided in the tenance contract will be deemed as duly served on the tenant.

6. TERMINATION OF CONTRACT:

• If the tenant wishes to terminate the contract, they should give (3) months’ written notice post the lock-in period. The notice period will be considered after
  the lock-in period. Under no circumstances can the lease be cancelled.
• Office Space Handover & Security Deposit Deductions Clause

▪   Upon the tenant’s final handover of the office space to Czar Workspace, any necessary deductions for upkeep and maintenance—including but
not limited to carpets, walls, furniture, fixtures, and general restoration— shall be made from the tenant’s security deposit.
▪  The deductions shall range from AED 1,000 to AED 2,000 or more, depending on the size of the office and the extent of maintenance required to restore                 the premises to its original condition, subject to an inspection conducted by Czar Workspace.
▪   Czar Workspace reserves the right to assess and deduct the appropriate amount from the security deposit before its refund. Any remaining
balance shall be refunded to the tenant after 45 working days from the final inspection and approval.

7. LOCKING PERIOD OF CONTRACT:

This contract cannot be breached/terminated/cancelled for a minimum period of 6 months. Any termination notice can be served only after the lock-in                       period.

8. INSPECTION FOR THE PROPERTY:

The tenant will ensure that the property handed over by the landlord is in good condition. The Landlord has the right to deduct the cost of any damages to the  property from the Security deposit before refunding the same at the end of the contract. In case the cost of the damage is more than that of the Security        deposit, the tenant agrees to pay the difference. The security deposit will be refunded after 45 working days post the clearance of the final inspection which
will be done by the Czar team in the presence of the tenant. If the lease is breached/terminated/cancelled, then the security deposit will be refunded after 90.          working days after the inspection of the office space carried out by the Czar team in the presence of the tenant.

9. USAGE OF THE BUILDING FACILITY:

• The Tenant must comply with all the rules and regulations of the building and the Master Developer.
• CZAR Administrative Office starts from 9:00 am to 6:00 pm Monday to Saturday (reception, meeting room and pantry). [Except the 2nd Saturday of the month]
• Co-working can be used after prior approval from the Management
• The meeting room is to be booked in advance from the front desk.
• 24-hour office access, 2 office keys for every room.
• DEWA, Internet, AC, and the cooling system are included.
• Charges are applicable for mobile and international calls.

10. BUSINESS SUPPORT:

• Printing/ Photocopying – Complimentary of 200 pages of black and white every month, additional charges for prints will be billed at the end of the month.
• A4 Black and white: AED 0.5/page, Colored: AED 1/page and A3 Page: AED 1/page
• Scanning (free of charge)
• The tenant will have Twelve hours/1200 Credits of free time to use the meeting room every month. The Tenant must buy Credit Bundles for exceeding hours @ AED 100/hour (Available on the CZAR App). Advance 1 Day notice shall be given to the reception and schedule the conference room accordingly
• Tea, coffee, and water are included for free.

11. ADDITIONAL SERVICES:

• In addition, the following services are offered to you on request:
• Accounts and Audit – to be paid every month.
• P.R.O Services – to be paid every month.
• Extra Services/office boy – if the tenant needs the extra services, the business center will provide the same with extra charges.
• Additional charges for secretary services
• Graphic Design / Web design / Marketing services- to be paid every month.
• Paid Legal Advocate services

12. OTHER CONDITIONS:

• The Landlord is not liable for any damage arising from an accident occurring while using the property facilities.
• The Landlord is not liable for any damage, loss or theft to the car parked on thepremises.
• The Tenant should pay all fees whether required by federal or local government and Dubai Economical Department related to their own company.
• Taking the extended connection of Fixed Phoneline from CZAR will be charged at AED 50 per month, along with the monthly usage bill. This will also have the call divert arrangement if required. Charges will be applicable for mobile and international calls as per actuals.
• 2 tables, 3 chairs included in the contract. An extra table if required will be charged at AED 500.
• Additional Parking if required will be charged at AED 4500 annually. (Subject to availability)
• Business Center will provide housekeeping twice a week for the maintenance of cleanliness.
• Smoking is strictly prohibited. The Landlord has the right to cancel the contract once caught, all amounts in the contract will be nonrefundable and there will be additional charges of AED 5000 applicable to the violator.
• AED 300.00 will be paid by Tenant for an extra nameplate.
• We may modify this policy at any time as required.