Exhibit 10.04



 Exhibit 10.04 
 FIRST AMENDMENT TO OFFICE LEASE 
 THIS FIRST AMENDMENT TO OFFICE LEASE dated as of the 4th day
of June, 2008, by and between 1450 BEASON STREET LLC, a Maryland limited liability company (the “Landlord”) and UNDER ARMOUR, INC., a Maryland corporation (the “Tenant”). 
 RECITALS: 
 WHEREAS, Landlord and Tenant entered into an Office Lease
dated December 14, 2007 (the “Lease”) for the lease of space in the “Building” (as defined in the Lease, The Overflo Building located at 1450 Beason Street, Baltimore, Maryland); and 
 WHEREAS, Landlord and Tenant now desire to modify certain terms and conditions set forth in the Lease as provided hereinafter. 
 NOW, THEREFORE, in consideration of the foregoing and of other consideration, the receipt and adequacy of which is acknowledged, the Landlord and
Tenant mutually agree as follows: 
 1. Revised Schedule of Deliveries. Exhibit E to the Lease is hereby deleted and replaced with the
new Exhibit E attached hereto. The dates in such revised Exhibit E shall supersede the estimated delivery dates set forth in Section 2.1 of the Lease. 
 2. Special Termination. Tenant acknowledges that Tenant has received a copy of an executed commitment from Manufacturers and Traders Trust Company to provide financing, pursuant to Section 17.6 of the
Lease. Tenant agrees that the condition set forth in Section 17.6 shall be deemed satisfied upon closing of the loan thereunder, in which event Section 17.6 shall be of no further force or effect. 
 3. Miscellaneous. This Amendment may be executed in counterparts which together shall be construed as a single document. The Lease, as amended by
this Amendment, is hereby ratified and confirmed and shall continue in full force and effect. 
 [signatures on following page]








 WITNESS OUR HANDS as of the day and year first above-written. 
  

							
	WITNESS or ATTEST:	 	LANDLORD:
		
		 	1450 BEASON STREET LLC,
		 	a Maryland limited liability company
				
	 [left blank]
	 	By:	 	 /s/ Carl W. Struever
	 	(SEAL)
		 	Name:	 	Carl W. Struever	 	
		 	Title:	 	Member	 	
		
	WITNESS or ATTEST:	 	TENANT:
		
		 	UNDER ARMOUR, INC.,
		 	a Maryland corporation
				
	 /s/ John Stanton
	 	By:	 	 /s/ J. Scott Plank
	 	(SEAL)
		 	Name:	 	J. Scott Plank	 	
		 	Title:	 	Senior Vice President – Retail	 	
	
	For the purposes described in Section 21.16 of the Lease, as amended hereby.
		
	WITNESS or ATTEST:	 	GUARANTOR:
		
		 	STRUEVER BROS. ECCLES & ROUSE, INC.,
		 	a Maryland corporation
				
	 [left blank]
	 	By:	 	 /s/ Carl W. Stuever
	 	(SEAL)
		 	Name:	 	Carl W. Struever	 	
		 	Title:	 	President	 	








 Exhibit E - Schedule of Deliveries 
  

							
	 Landlord Deliveries
	  	 Responsible Party
	  	 Re-Start Date
	  	 Completion Date

	Phase One Office- from start of work to TCO	  	SBER	  	June 1, 2008	  	September 30, 2008
	Soft Turnover to Tenant of Phase One Office for FFE- Note 1	  	SBER	  		  	August 31, 2008
				
	Phase One Showroom- from start of work to TCO	  	SBER	  	June 1, 2008	  	September 30, 2008
	Soft Turnover to Tenant of Phase One Showroom for FFE- Note 1	  	SBER	  		  	August 31, 2008
				
	Phase Two Office- Simultaneous start with Phase One to TCO 	  	SBER	  	June 1, 2008	  	December 31, 2008
	Soft Turnover to Tenant of Phase Two Office for FFE- Note 1	  	SBER	  		  	November 30, 2008
				
	Phase Three - from start of work to TCO	  	SBER	  	June 1, 2008	  	March 31, 2009
	Soft Turnover to Tenant of Phase Three for FFE- Note 1	  	SBER	  		  	February 28, 2009
				
	Tenant Deliveries	  		  		  	
				
	Tenant to provide all alternate finish selections	  	UA	  		  	June 15, 2008
	Tenant to provide locations for electrical rough-ins for signage	  	UA	  		  	June 15, 2008
				
	Note 1: Soft Turnover means that UA will be provided with access to the indicated area to commence installation of UA FFE items. UA Work to be coordinated with remaining SBER
construction.