SALES PROPOSAL

Project Name Project Address Client Name Client Address Telephone no. Email Flat info. Rate (Per Sq.Feet) Unit Price Car Parking (Single) Utility Cost Total Value Booking Money Down Payment : HLM Barkat : 228/C, Raod-06, Mohammadi Housing Ltd. Mohammadpur, Dhaka-1207. : : : : : Flat no. : : : : : : : Floor: Facing: Size:

Installment Schedule:
Nos. of Installment 1st Installment 2nd Installment 3rd Installment Taka 20,00,000.00 15,00,000.00 15,00,000.00 425,000.00 Additional Cost: a) Reserve fund : TK. 25,000.00 b) Utility Cost: c) Registration Cost: TK. At actual The applicant must have to maintain the agreed payment schedule. If the applicant cancels his/her booking before Down payment then Tk. 75,000/- (Taka Seventy five thousand) only will be forfeited from his/her deposited Booking Money. On the other hand if the application fails to pay Down Payment within 60 (Thirty) days form the due date of agreed Payment Schedule, the Developer shall have the right to cancel the booking and deduct Tk. 75,000/- (Seventy five Thousand) only from his/her deposited Booking Money as incidental charges. I agreed the sales proposal and terms & condition. Clients Acceptance Submitted By Approved by Management Due Date

Before Hand over

AGREEMENT FOR ALLOTMENT OF APARTMENT

This agreement is made on this 17th day of July of Two Thousand Eleven of Christian era. (to be revised with the current date)

BETWEEN HLM DEVELOPER & BUILDERS LTD. Having its registered office at Plot: 228/A, Road-06, Mohammadi Housing Ltd. Mohammadpur, Dhaka-1207. Hereinafter referred to as the `Developer which expression, where the context so admits, shall include its successors administrators, executors, legal representatives in interest and assigns of the ``FIRST PARTY``, Represented by its Managing Director-Mohammad Aslam AND DR. SAJDA-E-JANNAT, Husbands Name : Md.Baki Billah, Mothers Name: Nurunnahar, Present and Permanent Address: Zia Health Complex, Bazrapur Raod, Jamalpur, Bangladesh hereinafter referred to as the `Allottees which expression where the context so admists shall include their heirs, successors, administrator, executors, legal representatives and assigns of the SECOND PARTY. WHEREAS The Developer has taken up the planning of an apartment complex named as `HLM BARKAT the land situated at Plot 228/C Road 07, Mohammadi Housing Ltd. Mohammadpur, Dhaka. And whereas the Allottee has applied and discussed with the developer for allotment of an apartment in `HLM BARKAT PROJECT and has agreed to abide by the terms and conditions of allotment. NOW THIS DEED WITNESSETH AND THE PARTIES HERE TO MUTUALLY AGREE AND DECLARE AS FOLLOWS. 1. That the Allottees shall purchase from the Developer the following Apartment Category & No. : A-1 (South-East) Apartment Size : 1320 Sft. (Approx.) Floor : 1st Floor 2. That the apartment plan and all features will be prepared and specified by the developer and the declared features mentioned in the brochure will be installed and supplied to the Allottees in their apartment. The builtup area of the demised apartment may be increased or decreased; in that case the Allottees will pay extra amount against the increased area, or the developer will refund specific amount against the decreased area. 3. That the costs to be paid by the Allottees to the Developer are as follows: Apartment Cost Car Parking (Single) Utility Cost : TK. 72,00,000.00 (@ TK. 6,000.00 per sft.) : TK 3,50,000.00 : TK. 1,50,000.00

Total Value : TK. 7,700,000.000 (Package) (In Words: Seventy Seven Lac Fifty Thousand Only) Utilities Connection Cost : Paid Reserve Fund payment : TK. 25,000.00 4. That the following schedule of payment has been agreed between the Allottees and the Developer : Payment Schedule Payment Schedule Booking Money Down Payment 1st Installment 2nd Installment Date Of Payment 5,00,000.00 20,00,000.00 25,00,000.00 25,00,000.00 Amount (in Taka) 17-06-2011 20-07-2011 10-08-2011 10-09-2011

3rd Installment TOTAL VALUE

200,000.00 TK. 7,700,000.00

Before Hand Over

(In Words : Seventy Seven Lac Fifty Thousand Only) 5. That the transfer cost of ownership like stamp duties, transfer fee of national housing authority, registration fees, miscellaneous and any other taxes, VAT, duties etc. calculated at actual according to Government rules and as per prescribed rates of the concerned authorities for ``registration of the proportionate land and constructed area`` of the above mentioned apartment, shall be paid by the Allottee. 6. The Builder will undertake construction of the building complex on the plot of land as designated in the Agreement for Allotment as per the Builders prepared plans and specifications, consisting of apartments with other facilities and amenities (all of which hereinafter are referred to as ``the Project``). The Allottee has seen and accepted the Builders plans and specifications. 7. The Apartment described in the Agreement for Allotment has been allotted to the Allottee with his/her consent (hereinafter referred to as the `` demised apartment``), and the Allottee, with the money provided by the Allottee, along with other apartments of the building and its facilities & amenities. The Allottee agrees that the Builders can make similar Allotments to each of the other Allottees. 8. The schedule agreed in the Agreement for Allotment for all payments by the Allottee shall be the essence of the contract. It is agreed that the Allottee will make all payments within the due date as mentioned in Clause-4 of the Payment schedule. Any delay will make the allottee liable to pay delay charge 10% of due amount. The developer may exercise its right to cancel the allotment of the apartment and car parking as per law if the allottee fail to pay installment due time. 9. The developer will hand over the demise apartment to the Allottee by December-2013, upon receiving of Total Flat Value from the Allottee. If the developer fails to handover demise apartment, the developer will compensate monthly rental amount as per current market rate for the demise apartment during the delayed period. 10. Any Change in the address of the Allottee Shall be communicated in writing to the Builder. Otherwise any loss arising from non-communication of the change of address by the Allottee shall be borne by the Allottee. Any notice or letter of demand sent by the Builder by registered post to the Address of the Allottee recorded with the Builder shall be deemed as a sufficient service thereof and the Allottee shall be deemed to have received the same. 11. In case of annulment of this Allotment, the Builder shall have the right to allot the demised Apartment and the Reserved Car park if any, to someone else and the amount payable to the previous Allottee shall be refunded (except the amount forfeited and also except a sum equivalent to any financial loss to the Builder on account of cancellation and/or re-allotment of the demised apartment ) after such resale is executed and full value of the demised apartment is received from the new allotee. The Allottee of the cancelled apartment will not make any payment after cancellation of his/her Allotment. If any such payment is made, it will not repudiate the cancellation and will not establish any claim/right for the Allottee regarding the Allotment of the Apartment. 12. The Allottee shall not sell, transfer, convey, mortgage, charge or in any way encumber, deal with or dispose of the rights and benefits under this agreement till the completion of the Registration of the demised apartment. Before registration of the sale deed, if the purchaser wants to change the ownership of the apartment in favor of his father/mother/husband/wife/brother/sister/son of daughter; he/she/they can do that paying the prescribed fees for the purpose. Other than the above relations, no transfer is allowed. 13. The Builders plans, designs and specifications in details shall be deemed final and the Builder shall have the discretion to modify/amend the same. The Builder shall also have the right to make alternations in the layout plans and construction floor area for the best interest of the Project. 14. The Builder shall employ workmanship and materials as per Builders standard specifications against which no claims shall be entertained. There is no provision for any refund by the Developer to any Allottee if the latter does not use builders specified finishing materials, fittings or fixtures etc. However, the Allottee, upon mutual agreement with the Developer, is allowed to use only those itmes of internal finishing materials and/or fittingfixtures of his/her choice which are mentioned in the Brochure. Deduction/Adjustment of cost shall be calculated on the basis of actual rates of the materials used with 20% overhead cost and service charge for the items changed or replaced. For modified new items, the Developer will forward the rate to the Allottee tor approval and the work will be executed only upon receipt of his/her approval of rate (s) and full payment thereof in advance from the Allottee by the Developer.

15. That no amendment in or deviation from the Builders internal plans, designs, specifications etc. can be done
by the Allottee befor complete hand-over of the apartment, and the Builder will not be liable in any way for such amendment/deviation. 16. That if, after signing of this Deed of Agreement, the price of the construction materials increases by more than 20%, the Allottee would be liable to bear the extra cost against his/her portion of flat (s) as calculated by the Developer. This extra charge will be paid by the Allottee within 30 (Thirty) days from the day such demand is intimated to the allottee by the Developer. In case of any failure of the Allottee to pay the said extra charges of his/her portion, the Developer will be entitled to cancel the Allotment of the Allottee. 17. The construction of the demised apartment shall be completed within the completion schedule of the Builder. The schedule of fixed period shall, however, be extendable at the option of the Builder, If this become essential on account of non-availability and/or unusual price fluctuation of the required building materials and components, acts of God, nature calamity, strike, Civil commotion, Political instability of for reasons beyond the control of the Builder. 18. The cost of construction of the demised apartment includes, amongst other things, the proportionate cost of development of the site of the building and also proportionate cost of internal roads, passages, pavements, foundation, structures, stair and staircase, drains, water supply line, sewerage line, gas supply (if applicable) pipe lines, underground and overhead water reservoirs, water lifting pumps, as well as the cost of construction of the apartment according to the RAJUK approved plan and Companys standard specification. 19. In case of cancellation for the demised Apartment, the Allottee would not have any right to claim the amount spent for optional & additional works as mutually agreed. if the works have been done before the cancellation. 20. The Allottee shall be liable to pay for security deposit, fees and other incidental charges and costs payable for gas(if applicable), water and sewerage, and electricity (if applicable) connections to the demised apartment. 21. The Builder shall earmark, construct and demarcate reserved car parks on the ground floor, basement or any other floor and in any number as the Builder may deem necessary and sell the said car parks to the Allottee. The selection for respective allotments shall be on open Lottery. The Builders shall remain in full control of the car parks and have free ingress and egress thereto notwithstanding the handing over of possession of the apartments to the Allottee so long as all the car parks as determined by the Builders are not sold and handed over to the Allottees. 22. If by reason of act God, natural calamity, earthquake, fire, storms flood, famine, act fo enemy, way military operations of any nature, blockade, and for other reason, beyond the control of the Builder, it is not possible to proceed with execution of the project and to complete the construction of the demised apartment, the Builder shall inform the Allottee accordingly whereupon the parties hereto shall, by mutual discussion and consent, make such additional provisions as may be necessary to protect the interest of both the parties. 23. The construction of the building and apartment will be deemed completed and the apartment ready for hand over to the client upon notice of completion by the Builder. 24. The Builder shall serve notice to the Allottee to take vacant possession of the demised apartment within 15 (fifteen) days of the dispatch of the notice receiving such notice after which the responsibilities and liabilities of the Builders with respect to these shall entirely expire. In case failure on the part of the Allottee to take delivery of possession of the demised apartment within the said time-limit, the Allottee shall be liable to pay the Builder Tk. 150 (one Hundred and Fifty) per days as security expenses of the demised apartment. 25. The Allottee shall be able to take and will be deemed to have taken proportionate responsibility and possession of each common facility amenity like main utilities connections, lifts, generator, pump and concierge, intercom, common lighting etc. as soon as the Allottee is notified by the Builder for handing over possession of his/her allotted apartment. 26. Under no circumstances possession of the demised apartment shall be given unless all payments required to be made in accordance with the agreement for Allottee have been made in full to the Builder. 27. No Allottee shall, before the payment of final installment and all other bills due to the Builder and certificate of Hand Over, Keep his/her belongings or any other materials within the premises of the complex. 28. If any post-completion rectifications are required from the Builder, these may be carried out by the Builder as per the Builders schedule of work. 29. The roof of the building shall be under the control of the Builder until all the apartments are sold and completely handed over to the Allottee. 30. The builder shall form and constitute an Ad-hocCommittee for the common Management of the Apartment complex during the handover of the Project. The Ad-hoc Committee Jointly with the Allottees of all other

apartments shall organize an election to form the Common Management for management and maintenance for the building complex. The rules, regulations and by laws shall be framed by the Common Management with regard to all matters in relation to management, maintenance and use of the complex shall be binding on all Allottee. 31. The contribution to the Reserve Fund as earlier stated above by the Allottee,, which will be returned before hand over of the apartment, along with similar contribution made by other Alloottees, shall from the Reserve Fund of the Project which Fund along with the proceeds from deposit and other suitable investments of the fund, shall be utilized by the said Common Management of the Project to bear the expenses as far as possible of the common utilities , maintenance and services of the building and any other expenses in the general and common interest of the Allottees. As determined by the Common management, further contributions to the Reserve Fund may be made by the Allottee along with the other Allottees from time to time,if required. 32. Before handing over the Apartment, Allottee shall deposit Tk, 25000/- (Taka Twenty Five Thousand) only to the common service Fund of the Society to be constituted by the Allottees for smooth running of the project management and maintenance for initial 6 (Six) months the developer will take care of the management and maintenance of the project. For the said purpose each Allottee will pay at actual cost for his/her apartment from the date applicable for any other Allottee of the project. As soon as the Society runs smoothly the developer will hand over the responsibility and the Fund to the Society. 33. The Builder will install water, sewerage, electric, gas etc connection on the basis of estimated requirements as deemed adequate by the respective concerned authorities. The Builder will not be held liable for my shortages in supply services of the utilities below the installed capacity. For these the concerned authorities will be responsible, and the Common Management of the Project and the Allottee may take up such matters with the same authorities directly. if Necessary, at any time onwards after the utility connections have been made by the Builder. 34. Gas and electricity connections are provided by the government, for which necessary government fees will be borne by the second party as fees for utility connection, cost of such solar panel and actual installation cost thereof will also be borne by the second party. 35. All mechanical, sanitary and other systems and components like, generator, electrical and bathroom fittings shall be installed as per the Builders selected specifications. After the declaration by the Builder of completion of the project and installation of any of these systems, any matters or complains of the Allottees related to each of these systems shall be taken up directly by the Common Management of the Project with the manufactures or the authorized dealers of such components. The Builders will thenceforth be under no obligations. 36. So long as the Municipal tax and other taxes and charges are not assessed separately in respect of the demised apartment, the Allottee shall pay his/her proportionate share of such taxes and charges that may be imposed on the building as determined by the Common management of the Project. 37. The utility and service charge may be realized by the Builder after occupation of the apartment either on the basis of actual bills or amounts estimated by the Builder whichever is suitable, till such time as the responsibility of collection of such payment is handed over the Common . 38. The Allottee along with other Allottee shall be jointly responsible for the operation, maintenance, repairs and replacement of the lifts, generators water-lifting motors and pumps water reservoirs, sewerage mains, electric lines (if applicable) and installation, drains, internal roads and other facilities, service and amenities to be used and enjoyed commonly by the Allottees of apartments including the demised apartment and the Builder shall have no responsibility in the matter after declaration of completion of same by the Builder. 39. The Allottee shall Jointly with other Allottees or Occupants of other use and enjoy its corridors, lobbies, stair, sub-station, generator room, drivers waiting room, toilet, kitchen, guardroom of the building and other common adjuncts, fixture and fitting thereto and shall bear his/her equal share of maintenance costs. 40. Common area will be distributed equally except typical stair & lift lobby which will be distributed according to proportionate ratio of apartment areas. The allottee shall jointly with the other Allottees or Occupants of other apartments use and enjoy the open spaces, the internal roads for ingress, driveway, entrance & exits, yards, drains sewerage, mains, water reservoirs, electricity and gas connections (if applicable) and other common facilities that may be made available in the Project and maintain them along with arrangements for common security lighting and guarding as may be necessary, at their own costs which shall be borne by them equally.

41. The Allottee may use and enjoy any open areas and the facilities and amenities referred herein before for the purpose for which they are intended without encroaching upon or hindering lawful rights of the Allotees or Occupants of other apartments. 42. The Allottee shall not demolish or damage the demised apartment nor shall make any structural alteration or raise any construction of any kind as an addition or modification of the demised apartment without the permission in writing of the Common Management. Here it is also right to change any part of the overall perspective view that may deface the elevation of the project. 43. The Allottee shall not use of the demised apartment in manner which might diminish the value or utility of the lifts, generators, pipes motors and pumps and other common facilities and amenities provided in the site of the building. 44. The Allottee shall not stock or display any materials in the corridors or in any place intended for common use of all Allottees or occupiers of all apartments. 45. The Allottee shall not keep or rear any animals, such as cows, goats, dogs or domestic birds, like hens, ducks etc. in the apartment or within the complex. 46. The Allottee shall not display any business sign board, advertisement hoarding or designs in any part of the demised apartment or the common spaces or premises of the building without the written concurrence of the Common management of the Project. 47. The Allottee shall pay all rents, feeses, taxes, VATs, all other dues & charges that may be payable for the land and building of the project, which may be effective from the date of transfer of the land from the original owner. 48. The Allottee covenants that he/she shall not use his/her apartment or any part thereof for any purpose other than as a residence, nor use it in such manner as is likely to cause nuisance or inconvenience or annoyance of any kind to other Allottees and that he /she not use his/her apartment for any illegal or immoral purpose. 49. In case of cancellation of the Agreement between the Builder & Landowner due to some unavoidable documentation dilemma of the ownership of the land, and the project is abandoned, then the Agreement between the Builder & the Allottee shall be null and void. In such case, the builder shall not be held responsible for such incident and the Builder shall return only the deposited amount of each allottee and no interest can be claimed by any allottee against his/her deposited amount. 50. In case any disagreement, dispute or difference arise between the parties during the progress or after execution of the project touching or relating either to the said complex or any other matter or anything arising directly or indirectly under this contract, the matter shall be settled amicably through mutual discussion, and on the failure of which the Builder shall have the final right or interpretation, otherwise, if the Builder agrees, the same shall be referred to arbitration and the final decision of a sole arbitrator, mutually agreed between the parties, shall consider and settle the same and whose certificate or award shall be binding and conclusive upon the parties. In case the matter can not be settled by the sole arbitrator, the three Arbitrators, one to be appointed by each party. will appoint an Umpire at the commencement of the proceeding, and this clause shall be deemed as submission within the meaning of the Arbitration Act. The Allottee (S) shall not take recourse to any other option to express such disagreement, dispute or difference. SCHEDULE District- Dhaka under Police Station- Mohammadpur, C.S- Borabo No. 701,702,703 S.A 428 at present S.A- 308 Mutation 308/1, S.A: Same as RS: District-Dhaka, PS-Mohammadpur, Mouza-Borabo Dag No. 7504, 7708,7709(Part) IN WITNESS WHEREOF the Developer and Allottees sign and execute this Agreement for Allotment on the day, month and year mentined above. For and on behalf of HAZI LAT MIAH DEVELOPER & BUILDERS LTD. Signature of Allottees: Abdur Rahman First Party-Managing Director (Dr. Sajda-E-Jannat)

WITNESSES: