Annual Report - 31 March 2016

Page 45

1. Responsibility for Property Management . Maintain and oversee real estate and any other property matter as necessary to be in a good condition for benefit of service, administration, and seeking benefit from property of trust; facilitate trustee, appraisal company of trust, and REIT manager regarding property matter as necessary and suitable; cooperate with REIT manager to help trust obtain license and/or other related documents which are necessary for seeking benefit from property of trust; find people to rent area of the project, coordinate, and negotiate with lessee for making rental contract or any othercontract relating to the project; transfer income, send payment, pay any expenses relating to operation of trust; as well as running administration to comply with contracts, help REIT manager as REIT manager requests appropriately and reasonably. In case that REIT manager wishes to sell, transfer, lease, transfer the right of lease, or distribute (if any) in any way to other person, the property manager must contact, coordinate, give information, submit documents, and pay fee and property tax for property of trust which trust is responsible to pay and withholding tax because of project management, and/or other tax relating to property and/or project management to officials in related government agencies; operate and/or coordinate with REIT manager and help REIT manager in order to help lessee of property of trust receive facilities of the project; operate what is necessary in order to manage property in accordance with project management of trust and related laws, etc. 2. Accounting and Report, Management Document, and Internal Audit • Provide documents, including any accounting documents relating to property of trust so as to be checked by REIT manager, auditor, and/or trustee or any assigned person; submit requested documents relating to property of trust to REIT manager, auditor, and/or trustee (as the case may be) within 15 (fifteen) working days since the day the request is informed or should be informed, except there is a reasonable cause or partner agrees otherwise, as well as providing accounts and reports as assigned by REIT manager in order to submit accounts, reports, and related documents to REIT manager within the term that REIT manager determined. However, property manager will provide the account in an accepted form by using the principle of accounting and collect documents relating to the account, and record the account for at least 5 years which is correct, complete, and ready for REIT manager to check; as well as facilitating internal audit by REIT manager or trustee as being requested by REIT manager or trustee. 3. Marketing • Develop and provide advertising and promotion plans for real estate. The expenses for operating accordingly to the plan will be completely compensated by trust which needs to follow regulations specified in the annual business plan. 4. Responsibilities in Making Contract for Seeking Benefit in Property of Trust • Make contract of area lease, contract of facility, contract of area utilization with the term corresponding to contract of property investment or as the term set by REIT manager, proceed anything which is necessary and appropriate in order to make lessees follow conditions and/ ANNUAL REPORT - 31 MARCH 2016 43


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