TPARK LOGISTICS PROPERTY FUND (TLOGIS)

• Brokerage fee for the acquiring and selling propert : the Property Manager shall be
entitled to receive a commission of an amount equal to 3 (three) percent of the acquisition
price and selling price from each transaction.)
3. Lease & Service Payments Guarantee Agreement
TICON Industrial Connection Public Company Limited, as property manager of theDFund,
agrees to pay minimum lease & service payments guarantee for 7 years and 1 month, commencing
from 1 December, 2009 to 31 Decembe, 2016, which the Fund shall have income less common
area service payment not less than determined amount in each calendar year as detailed below;
(1) From 3 Decembe, 2009 to 31 Decembe, 2009, income less common area service
payment to be received by the Fund shall be not less than 9,875,000 THB, and
(2) From 1 January 2010 to 31 Decembe, 2016, income less common area service payment
to be received by the Fund shall be not less than 118,500,000 THB for each calendar
year.
The property manager agrees to submit bank guarantee issued by commercial bank to the
Fund in each calendar year at the rate of 118,500,000 THB for 7 years from 1 January 2010 to 31
December 2016.
4. Common Area Service Payment Agreement
The Fund has made Common Area Service Payment Agreement with TICON Logistics Park
Company Limited (TPARK) as the owner of TICON Logistics park projects. In case of having
tenants in warehouses owned by the Fund, TPARK will directly enter into common area service
agreement with tenants. However, in case of vacant warehouses, the Fund agrees to make
monthly common area service payment to TPARK.
Part 5 : Pending Lawsuits or Claims
- None -
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