Exhibit
10-g


 


5-27-03


 


TERMINATION
OF MEMORANDUM OF GROUND LEASE


 


THIS TERMINATION OF MEMORANDUM OF GROUND LEASE (this
“Termination”) is made this 17th day of July, 2003, by and between ADC
TELECOMMUNICATIONS, INC., a Minnesota corporation, as landlord (“Landlord”),
and LEASE PLAN NORTH AMERICA, INC., an Illinois corporation, not in its
individual capacity, except as otherwise expressly stated herein, but solely as
Agent Lessor, as tenant (“Tenant”).


 


RECITALS


 


A.                                   Landlord
and Tenant entered into the Memorandum of Ground Lease (“Memorandum”) dated as
of October 22, 1999, recorded and filed with the Office of the Registrar of
Titles, Hennepin County, Minnesota, on October 28, 1999, as Document No.
3219721.  The Memorandum evidenced an
unrecorded Ground Lease dated as of October 22, 1999 (“Ground Lease”), between
Landlord, as landlord, and Tenant, as tenant, which Ground Lease covered the
real property described as Lot 1, Block 1, Technology Campus 3rd Addition,
Hennepin County, Minnesota.


 


B.                                     Landlord
and Tenant wish to terminate the Ground Lease and the Memorandum.


 


AGREEMENT


 


NOW, THEREFORE, in consideration of this Termination
and other consideration, the receipt and sufficiency of which the parties
hereto acknowledge, the parties hereto agree as follows:


 


1.                                       The
above Recitals are incorporated herein by reference as if fully set forth
herein.


 


2.                                       The
Ground Lease and the Memorandum are hereby terminated and are null, void, and
of no force or effect.  Landlord and
Tenant release all rights and interests they have under the Ground Lease and
the Memorandum.


 

















 


3.                                       This
Termination may be signed separately in counterparts which, when taken
together, shall constitute one and the same instrument.


 


IN WITNESS WHEREOF, the parties hereto have set their
hands as of the date first written above.


 


	
   

  	
  LANDLORD:

  
	
   

  	
   

  
	
   

  	
  ADC TELECOMMUNICATIONS,
  INC.

  
	
   

  	
   

  
	
   

  	
   

  
	
   

  	
  By:

  	
      /s/
  Gokul V. Hemmady

  	
   

  
	
   

  	
  Its:

  	
      Vice
  President, Controller and Treasurer

  	
   

  
	
   

  	
   

  
	
   

  	
   

  
	
   

  	
  TENANT:

  
	
   

  	
   

  
	
   

  	
  LEASE PLAN NORTH
  AMERICA, INC., not in

  its individual capacity except as expressly stated

  herein but solely as Agent Lessor

  
	
   

  	
   

  
	
   

  	
   

  
	
   

  	
  By:

  	
      /s/
  Blake J. Lacher

  	
   

  
	
   

  	
  Its:

  	
      Vice
  President

  	
   

  
	
   

  	
   

  
	
   

  	
   

  
	
   

  	
  LEASE PLAN NORTH
  AMERICA, INC., not in

  its individual capacity except as expressly stated

  herein but solely as Agent Lessor

  
	
   

  	
   

  
	
   

  	
   

  
	
   

  	
  By:

  	
      /s/
  Elizabeth R. McClellan

  	
   

  
	
   

  	
  Its:

  	
      Vice
  President

  	
   

  
							



 


	
  STATE OF MINNESOTA

  	
  )

  
	
   

  	
  ) ss.

  
	
  COUNTY OF HENNEPIN

  	
  )

  



 


The foregoing instrument was acknowledged before me
this 15th day of July, 2003, by Gokul V. Hemmady, the Vice
President, Controller and Treasurer of ADC TELECOMMUNICATIONS, INC., a
Minnesota corporation, on behalf of the corporation.


 


 


	
   

  	
  /s/ Carrie A. Neiburg

  	
   

  
	
   

  	
  Notary Public

  



 


2

















 


	
  STATE OF Illinois

  	
  )

  
	
   

  	
  ) ss.

  
	
  COUNTY OF Cook

  	
  )

  



 


The foregoing instrument was acknowledged before me
this 15th day of July, 2003, by Blake J. Lacher, the Vice
President of LEASE PLAN NORTH AMERICA, INC., an Illinois corporation, on behalf
of the corporation, not in its individual capacity except as expressly stated
herein but solely as Agent Lessor.


 


 


	
   

  	
   

  	
  /s/ Renee M. Field

  	
   

  
	
   

  	
   

  	
  Notary Public

  
	
   

  
	
  STATE OF Illinois

  	
  )

  	
   

  
	
   

  	
  ) ss.

  	
   

  
	
  COUNTY OF Cook

  	
  )

  	
   

  
					



 


The foregoing instrument was acknowledged before me
this 15th day of July, 2003, by Elizabeth R. McClellan, the
Vice President of LEASE PLAN NORTH AMERICA, INC., an Illinois corporation, on
behalf of the corporation, not in its individual capacity except as expressly
stated herein but solely as Agent Lessor.


 


 


	
   

  	
  /s/ Renee M. Field

  	
   

  
	
   

  	
  Notary Public

  



 


 


This instrument was
drafted by, and after recording

return to:


 


Dorsey & Whitney LLP
(JLTIII)

50 South Sixth Street

Suite 1500

Minneapolis, MN 55402-1498


 


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