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Nowadays, the private road of Trinity Complex Juristic Person Condominium is used as an
entrance and exit to Naradhiwas Rajanagarindra 3 Road for customers, consumers and tenants of
the Glow Trinity Sillom Building and such private road is used for the car which intends to park at
Glow Trinity Silom Building. This private road is mutually used among the customers, consumers
and tenants of the Glow Trinity Silom Building and the owner of the Trinity Complex Condominium.
Such usage of private road of Trinity Complex Juristic Person Condominium shall be approved by
the Trinity Complex Juristic Person Condominium in writing. Therefore, in the case where Trinity
Complex Juristic Person Condominium revokes or terminates its approval of usage of private
road, the customers, consumers and tenants of the Glow Trinity Silom Building will be adversely
affected from such termination. This may significantly affect the revenue and the operating results
of the retail tenants of Glow Trinity Silom Building and may eventually affect the revenue,
operating result and the financial position of the Fund.
In order for the Fund to use such private road continuously, the Fund enters into the agreement for
use of entrance and exit with Trinity Complex Juristic Person Condominium in which the Fund
shall pay 20,000 baht per month for using such private road to Trinity Complex Juristic Person
Condominium and the term of agreement shall be indefinitely throughout the period in which the
Fund invests in the Initial Investment Property. Such agreement already exists between Trinity
Assets Co., Ltd. and Trinity Complex Juristic Person Condominium.
In addition, in the case where, during the period that the Fund is an owner of the land, Glow Trinity
Silom Building and FF&E, Trinity Complex Juristic Person Condominium is in a breach under the
agreement for use of entrance and exit or the said agreement has been terminated under any
circumstance, Trinity Assets Co., Ltd. agrees to construct an automobile elevator for Glow Trinity
Silom Building or procure the entrance and exit for customers, consumers and retail tenants of
Glow Trinity Silom Building in order to replace the closed private road of Trinity Complex Juristic
Person Condominium and access to Naradhiwas Rajanagarindra 3 Road.
Furthermore, during the period that Trinity at Silom Co., Ltd. is a party to the lease agreement for
land, Glow Trinity Silom Building and FF&E with the Fund, if Trinity Complex Juristic Person
Condominium breaches the agreement for use of entrance and exit or such agreement has been
terminated in any circumstance, and such breach causes the net annual revenue of the Fund to be
less than average total rent for three previous years, provided that such three previous years shall
not be less than net revenue for the one previous year plus progressive rate of five percent of net
revenue, Trinity Assets Co., Ltd. agrees to compensate the Fund for the difference in rent of each
year within 30 days commencing from the date of written notice received by Trinity Assets Co., Ltd.
Such difference in rent shall be calculated from the average difference in net rent from the three
Information Memorandum of Trinity Property Fund 52