TE PETERBOROUGH LIMITED

Imperial Standard Limited (Company No. 10019674)

1-3 church street, peterborough PE1 1XB and registered at the land registry under title number CB82083.

DB UK BANK LIMITED

Db UK Bank Limited

The company charged to the bank by way of first legal mortgage its interest in the property (being the freehold and leasehold land both present and future including (without prejudice to the generality of the foregoing) the properties specified as 1-3 church street, peterborough PE1 1XB (title number CB82083); and in relation to the property over which the security is created all fixtures and fittings (including trade fixtures and fittings other than occupational tenants' fixtures and fittings) and fixed plant and machinery at any time during the period beginning on the date of the debenture and ending on the date on which the bank gives notice to the company that all the monies, obligations and liabilities owing or incurred in whatsoever manner to the bank by the company, whether present or future, actual or contingent (and whether incurred jointly or severally and whether as principal or surety or in some other capacity) and including interest, discount, commission and (on a full indemnity basis) other charges, fees or expenses including all legal and other costs and expenses which the bank may in the course of its business charge or incur in respect of any of those matters or for keeping or maintaining the company’s account(s) or facilities, including the facility made available under the facility agreement between, amongst others, thackeray estates group and the bank originally dated 20 june 2014, as amended from time to time have been irrevocably and unconditionally paid in full and no commitment by the bank to provide facilities to the company (in any capacity) remains in existence (the “security period”); and all buildings, erections, equipment and effects from time to time on that land and including the benefit of any covenants for title given or entered into in respect of that land by the company or any predecessor in title of the company; and in relation to any business, undertaking, property, assets, revenues, rights and uncalled capital belonging to the company or to which the company is or may become entitled or in which the company may have an interest; and in each case at any time during the security period the proceeds of sale of any part thereof; all rights under any licence, agreement for sale or agreement for lease in respect thereof; all rights, powers, benefits, claims, contracts, warranties, guarantees, remedies, security, indemnities or covenants for title in respect thereof; and any moneys and proceeds paid or payable in respect thereof; and. The company charged by way of first fixed charge any patents, trade marks, service marks, designs, business names, copyrights, design rights, moral rights, inventions, confidential information, know-how and other intellectual property rights and interests, whether registered or unregistered, the benefit of all applications and rights to use such assets, in each case now and in the future owned by the company (or in which the company has an interest); and in relation to any business, undertaking, property, assets, revenues, rights and uncalled capital belonging to the company or to which the company is or may become entitled or in which the company may have an interest- in each case at any time during the security period the proceeds of sale of any part thereof; all rights under any licence, agreement for sale or agreement for lease in respect thereof; all rights, powers, benefits, claims, contracts, warranties, guarantees, remedies, security, indemnities or covenants for title in respect thereof; and any moneys and proceeds paid or payable in respect thereof.