EX-10.3



 Exhibit 10.3 

LEASE AGREEMENT 
 THIS
LEASE AGREEMENT (this “Lease”) is made as of December 31, 2013 (the “Effective Date”), by and between STORE SPE STATE COLLEGE 2013-8, LLC, an Delaware limited liability company
(“Lessor”), whose address is 8501 E. Princess Drive, Suite 190, Scottsdale, Arizona 85255, and SPECTRUM CONTROL, INC., a Pennsylvania corporation (“Lessee”), whose address is 4705 S. Apopka Vineland Road,
Suite 210, Orlando FL 32819. Capitalized terms not defined herein shall have the meanings set forth in Exhibit A hereto. 
 In
consideration of the mutual covenants and agreements contained in this Lease, intending to be legally bound, Lessor and Lessee covenant and agree as follows: 

ARTICLE I 
 BASIC LEASE
TERMS 
 Section 1.01. Property. The street address and legal description of the Property is set forth in
Exhibit B attached hereto. 
 Section 1.02. Initial Term Expiration Date. December 31, 2028. 

Section 1.03. Extension Options. Four (4) extensions of five (5) years each, as described in Section 3.02. 

Section 1.04. Term Expiration Date (if fully extended). December 31, 2048. 

Section 1.05. Initial Base Annual Rental. One Million Two Hundred Eighty Seven Thousand Seven Hundred Twenty Five and 00/100
dollars ($1,287,725.00), as described in Article IV. 
 Section 1.06. Rental Adjustment. The lesser of (i) 2%, or
(ii) 1.25 times the change in the Price Index, as described in Section 4.02. 
 Section 1.07. Adjustment Date.
January 1, 2015 and every January 1st thereafter during the Lease Term (including any Extension Term). 
 Section 1.08.
Security Deposit. None. 
 Section 1.09. Guarantor(s). API Technologies Corp., a Delaware corporation. 

Section 1.10. Lessee Tax Identification No. 25-1196447. 

Section 1.11. Lessor Tax Identification No. 46-3079064. 







 ARTICLE II 

LEASE OF PROPERTY 

Section 2.01. Lease. In consideration of Lessee’s payment of the Rental and other Monetary Obligations and Lessee’s
performance of all other obligations hereunder, Lessor hereby leases to Lessee, and Lessee hereby takes and hires, the Property, “AS IS” and “WHERE IS” without representation or warranty by Lessor, and subject to the existing
state of title, the parties in possession, any facts which an accurate survey or physical inspection would reveal, and all Legal Requirements now or hereafter in effect. 

Section 2.02. Quiet Enjoyment. So long as Lessee shall pay the Rental and other Monetary Obligations provided in this Lease, and
shall keep and perform all of the terms, covenants and conditions on its part contained herein, Lessee shall have, subject to the terms and conditions set forth herein, the right to the peaceful and quiet enjoyment and occupancy of the Property;
provided, however, in no event shall Lessee be entitled to bring any action against Lessor to enforce its rights hereunder if an Event of Default, or any event or circumstance which, with the giving of notice or the passage of time, or both,
would constitute an Event of Default, shall have occurred and be continuing. 
 ARTICLE III 

LEASE TERM; EXTENSION 

Section 3.01. Initial Term. The initial term of this Lease (“Initial Term”) shall commence as of the Effective
Date and shall expire at midnight on December 31, 2028 (“Expiration Date”), unless terminated sooner as provided in this Lease and as may be extended as provided herein. The time period during which this Lease shall actually be
in effect, including any Extension Term, is referred to as the “Lease Term.” 
 Section 3.02. Extensions.
Unless this Lease has expired or has been sooner terminated, or an Event of Default has occurred and is continuing at the time any extension option is exercised, and provided that all other agreements necessary to the continued operation of
Lessee’s business at the Property is extended for a period of not less than the applicable extension periods, Lessee shall have the right and option (each, an “Extension Option”) to extend the Initial Term for the entire
Property for up to four (4) additional successive periods of five (5) years each (each, an “Extension Term”), pursuant to the terms and conditions of this Lease then in effect. 

Section 3.03. Notice of Exercise. Lessee may only exercise the Extension Options by giving written notice thereof to Lessor of its
election to do so no later than one hundred twenty (120) days prior to the Expiration Date or one hundred twenty (120) days prior to the expiration of the then existing Extension Term, as the case may be. If written notice of the exercise
of any Extension Option is not received by Lessor by the applicable dates described above, then this Lease shall terminate on the last day of the Initial Term or, if applicable, the last day of the Extension Term then in effect. Upon the request of
Lessor or Lessee, the parties hereto will, at the expense of Lessee, execute and exchange an instrument in recordable form setting forth the extension of the Lease Term in accordance with this Section 3.03. 

  
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 Section 3.04. Removal of Personalty. Upon the expiration of the Lease Term, and if
Lessee is not then in breach hereof, Lessee may remove from the Property all personal property belonging to Lessee. Lessee shall repair any damage caused by such removal and shall leave the Property clean and in good and working condition and repair
inside and out, subject to normal wear and tear, casualty and condemnation. Any property of Lessee left on the Property on the twentieth (20th) day following the expiration of the Lease Term
shall, at Lessor’s election, automatically and immediately become the property of Lessor. 
 ARTICLE IV 

RENTAL AND OTHER MONETARY OBLIGATIONS 

Section 4.01. Base Monthly Rental. During the Lease Term, on or before the first day of each calendar month, Lessee shall pay in
advance the Base Monthly Rental then in effect. If the Effective Date is a date other than the first day of the month, Lessee shall pay to Lessor on the Effective Date the Base Monthly Rental prorated by multiplying the Base Monthly Rental by a
fraction, the numerator of which is the number of days remaining in the month (including the Effective Date) for which Rental is being paid, and the denominator of which is the total number of days in such month. 

Section 4.02. Adjustments. During the Lease Term (including any Extension Term), on the first Adjustment Date and on each
Adjustment Date thereafter, the Base Annual Rental shall increase by an amount equal to the Rental Adjustment; provided, however, that in no event shall Base Annual Rental be reduced as a result of the application of the Rental Adjustment.

 Section 4.03. Additional Rental. Lessee shall pay and discharge, as additional rental (“Additional Rental”),
all sums of money required to be paid by Lessee under this Lease which are not specifically referred to as Rental. Lessee shall pay and discharge any Additional Rental when the same shall become due, provided that amounts which are billed to Lessor
or any third party, but not to Lessee, shall be paid within fifteen (15) days after Lessor’s demand for payment thereof or, if earlier, when the same are due. In no event shall Lessee be required to pay to Lessor any item of Additional
Rental that Lessee is obligated to pay and has paid to any third party pursuant to any provision of this Lease. 
 Section 4.04.
Rentals To Be Net to Lessor. The Base Annual Rental payable hereunder shall be net to Lessor, so that this Lease shall yield to Lessor the Rentals specified during the Lease Term, and all Costs and obligations of every kind and nature whatsoever
relating to the Property shall be performed and paid by Lessee, including without limitation, common area maintenance charges, if any, related to the Property. Lessee shall perform all of its obligations under this Lease at its sole cost and
expense. All Rental and other Monetary Obligations which Lessee is required to pay hereunder shall be the unconditional obligation of Lessee and shall be payable in full when due and payable, without notice or demand, and without any setoff,
abatement, deferment, deduction or counterclaim whatsoever. 
 Section 4.05. ACH Authorization. Upon execution of this Lease,
Lessee shall deliver to Lessor a complete Authorization Agreement – Pre-Arranged Payments in the form of Exhibit C attached hereto and incorporated herein by this reference, together with a
voided check for account verification, establishing arrangements whereby payments of the Base Monthly Rental, any Additional Rental, impound payments (if any), sales tax or real property tax 

  
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(if any), and any other Monetary Obligations are transferred by Automated Clearing House Debit initiated by Lessor from an account established by Lessee at a United States bank or other financial
institution to such account as Lessor may designate. Lessee shall continue to pay all Rental and other Monetary Obligations by Automated Clearing House Debit unless otherwise directed by Lessor. 

Section 4.06. Late Charges; Default Interest. Any delinquent payment shall, in addition to any other remedy of Lessor, incur a
late charge of five percent (5%) (which late charge is intended to compensate Lessor for the cost of handling and processing such delinquent payment and should not be considered interest) and bear interest at the Default Rate, such interest to
be computed from and including the date such payment was due through and including the date of the payment; provided, however, in no event shall Lessee be obligated to pay a sum of late charge and interest higher than the maximum legal rate
then in effect. 
 Section 4.07. Holdover. If Lessee remains in possession of the Property after the expiration of the term
hereof, Lessee, at Lessor’s option and within Lessor’s sole discretion, may be deemed a tenant on a month-to-month basis and shall continue to pay Rentals and
other Monetary Obligations in the amounts herein provided, except that the Base Monthly Rental shall be automatically increased to one hundred twenty-five percent (125%) of the last Base Monthly Rental payable under this Lease, and Lessee shall
comply with all the terms of this Lease; provided that nothing herein nor the acceptance of Rental by Lessor shall be deemed a consent to such holding over. Lessee shall defend, indemnify, protect and hold the Indemnified Parties harmless
from and against any and all Losses resulting from Lessee’s failure to surrender possession upon the expiration of the Lease Term, including, without limitation, any claims made by any succeeding lessee. 

ARTICLE V 

REPRESENTATIONS AND WARRANTIES OF LESSEE 

The representations and warranties of Lessee contained in this Article V are being made to induce Lessor to enter into this Lease, and
Lessor has relied, and will continue to rely, upon such representations and warranties. Lessee represents and warrants to Lessor as follows: 

Section 5.01. Organization, Authority and Status of Lessee. Lessee has been duly organized or formed, is validly existing and in
good standing under the laws of its state of incorporation and is qualified as a foreign corporation to do business in any jurisdiction where such qualification is required. All necessary corporate action has been taken to authorize the execution,
delivery and performance by Lessee of this Lease and of the other documents, instruments and agreements provided for herein, including without limitation, the Transaction Documents. Lessee is not, and if Lessee is a “disregarded entity,”
the owner of such disregarded entity is not, a “nonresident alien,” “foreign corporation,” “foreign partnership,” “foreign trust,” “foreign estate,” or any other “person” that is not a
“United States Person” as those terms are defined in the Code and the regulations promulgated thereunder. The Person who has executed this Lease on behalf of Lessee is duly authorized to do so. 

Section 5.02. Enforceability. This Lease constitutes the legal, valid and binding obligation of Lessee, enforceable against Lessee
in accordance with its terms. 

  
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 Section 5.03. Property Condition. Lessee has physically inspected the Property and
has examined title to the Property, and has found all of the same satisfactory in all respects for all of Lessee’s purposes. 

Section 5.04. Litigation. There are no suits, actions, proceedings or investigations pending, or to the best of its knowledge,
threatened against or involving any Lessee Entity or the Property before any arbitrator or Governmental Authority which might reasonably result in any Material Adverse Effect. 

Section 5.05. Absence of Breaches or Defaults. Lessee is not in default under any document, instrument or agreement to which
Lessee is a party or by which Lessee, the Property or any of Lessee’s property is subject or bound, which has had, or could reasonably be expected to result in, a Material Adverse Effect. The authorization, execution, delivery and performance
of this Lease and the documents, instruments and agreements provided for herein will not result in any breach of or default under any document, instrument or agreement to which Lessee is a party or by which Lessee, the Property or any of
Lessee’s property is subject or bound. 
 Section 5.06. Licenses and Permits. Lessee has obtained all required licenses and
permits, both governmental and private, to use and operate the Property as a Permitted Facility. 
 Section 5.07. Financial
Condition; Information Provided to Lessor. The financial statements, all financial data and all other documents and information heretofore delivered to Lessor by or with respect to the Lessee Entities and the Property in connection with this
Lease or relating to the Lessee Entities or the Property is true, correct and complete in all material respects; there have been no amendments thereto since the date such items were prepared or delivered to Lessor; all financial statements provided
were prepared in accordance with GAAP, and fairly present as of the date thereof the financial condition of Lessee except that unaudited financial statements are subject to normal year-end adjustments and matters that would be revealed in notes to
audits of such financial statements; and no change has occurred to any such financial statements, financial data, documents and other information not disclosed in writing to Lessor, which has had, or could reasonably be expected to result in, a
Material Adverse Effect. 
 Section 5.08. Compliance With OFAC Laws. None of the Lessee Entities, and no individual or
entity owning directly or indirectly any interest in any of the Lessee Entities, is an individual or entity whose property or interests are subject to being blocked under any of the OFAC Laws or is otherwise in violation of any of the OFAC Laws;
provided, however, that the representation contained in this sentence shall not apply to any Person to the extent such Person’s interest is in or through a U.S. Publicly Traded Entity. 

Section 5.09. Solvency. There is no contemplated, pending or threatened Insolvency Event or similar proceedings, whether voluntary
or involuntary, affecting Lessee or Guarantor, or to the best of Lessee’s knowledge, their Affiliates. Lessee does not have unreasonably small capital to conduct its business. 

Section 5.10. Ownership. To Seller’s knowledge, no Person that actually or constructively owns ten percent (10%) or more
of the outstanding capital stock of Lessor owns, directly or indirectly, (a) ten percent (10%) or more of the total combined voting power of all classes of voting capital stock of Lessee, or (b) ten percent (10%) or more of the
total value of all classes of capital stock of Lessee. 

  
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 ARTICLE VI 

TAXES AND ASSESSMENTS; UTILITIES; INSURANCE 

Section 6.01. Taxes. 

(a) Payment. Subject to the provisions of Section 6.01(b) below, Lessee shall pay, prior to the earlier of
delinquency or the accrual of interest on the unpaid balance, all taxes and assessments of every type or nature assessed against or imposed upon the Property, Lessee or Lessor during the Lease Term related to or arising out of this Lease and the
activities of the parties hereunder, including without limitation, (i) all taxes or assessments upon the Property or any part thereof and upon any personal property, trade fixtures and improvements located on the Property, whether belonging to
Lessor or Lessee, or any tax or charge levied in lieu of such taxes and assessments; (ii) all taxes, charges, license fees and or similar fees imposed by reason of the use of the Property by Lessee; (iii) all excise, franchise,
transaction, privilege, license, sales, use and other taxes upon the Rental or other Monetary Obligations hereunder, the leasehold estate of either party or the activities of either party pursuant to this Lease; and (iv) all franchise,
privilege or similar taxes of Lessor calculated on the value of the Property or on the amount of capital apportioned to the Property. Notwithstanding anything in clauses (i) through (iv) to the contrary, Lessee shall not be obligated to
pay or reimburse Lessor for any taxes based on the net income of Lessor. 
 (b) Right to Contest. Within thirty
(30) days after each tax and assessment payment is required by this Section 6.01 to be paid, Lessee shall provide Lessor with evidence reasonably satisfactory to Lessor that taxes and assessments have been timely paid by Lessee. In the
event Lessor receives a tax bill, Lessor shall use commercially reasonable efforts to forward said bill to Lessee within fifteen (15) days of Lessor’s receipt thereof. Lessee may, at its own expense, contest or cause to be contested (in
the case of any item involving more than $25,000, after prior written notice to Lessor, which shall be given within fifteen (15) days of Lessee’s determination to contest any matter as permitted herein), by appropriate legal proceedings
conducted in good faith and with due diligence, any above-described item or lien with respect thereto, including, without limitation, the amount or validity or application, in whole or in part, of any such
item, provided that (i) neither the Property nor any interest therein would be in any danger of being sold, forfeited or lost by reason of such proceedings; (ii) no Event of Default has occurred and is continuing; (iii) if and to the
extent required by the applicable taxing authority and/or Lessor, Lessee posts a bond or takes other steps acceptable to such taxing authority and/or Lessor that removes such lien or stays enforcement thereof; (iv) Lessee shall promptly provide
Lessor with copies of all notices received or delivered by Lessee and filings made by Lessee in connection with such proceeding; and (v) upon termination of such proceedings, it shall be the obligation of Lessee to pay the amount of any such
tax and assessment or part thereof as finally determined in such proceedings, the payment of which may have been deferred during the prosecution of such proceedings, together with any costs, fees (including attorneys’ fees and disbursements),
interest, penalties or other liabilities in connection therewith. Lessor shall at the request of Lessee, execute or join in the execution of any instruments or documents necessary in connection with such contest or proceedings, but Lessor shall
incur no cost or obligation thereby. 

  
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 Section 6.02. Utilities. Lessee shall contract, in its own name, for and pay when due
all charges for the connection and use of water, gas, electricity, telephone, garbage collection, sewer use and other utility services supplied to the Property during the Lease Term. Under no circumstances shall Lessor be responsible for any
interruption of any utility service. 
 Section 6.03. Insurance. 

(a) Coverage. Throughout the Lease Term, Lessee shall maintain, with respect to the Property, at its sole
expense, the following types and amounts of insurance, in addition to such other insurance as Lessor may reasonably require from time to time: 

(i) Insurance against loss or damage to real property and personal property under an “all risk” or “special
form” insurance policy, which shall include coverage against all risks of direct physical loss, including but not limited to loss by fire, lightning, wind, terrorism, and other risks normally included in the standard ISO special form (and shall
also include National Flood and Excess Flood insurance covering the affected buildings if any buildings on the Property are located within a 100-year floodplain (FEMA Zones A and V) and earthquake insurance if the Property is located within a
moderate to high earthquake hazard zone as determined by an approved insurance company set forth in Section 6.03(b)(x) below). Such policy shall also include coverage for ordinance or law covering the loss of value of the undamaged portion of
the Property, costs to demolish and the increased costs of construction if any of the improvements located on, or the use of, the Property shall at any time constitute legal non-conforming structures or uses. Ordinance or law limits shall be in an
amount equal to the full replacement cost for the loss of value of the undamaged portion of the Property and no less than 25% of the replacement cost for costs to demolish and the increased cost of construction, or in an amount otherwise specified
by Lessor. Such insurance shall be in amounts not less than 100% of the full insurable replacement cost values (without deduction for depreciation), with an agreed amount endorsement or without any coinsurance provision, and with sublimits
satisfactory to Lessor, as determined from time to time at Lessor’s request but not more frequently than once in any 12-month period. 

(ii) Commercial general liability insurance, including products and completed operation liability, covering Lessor and Lessee
against bodily injury liability, property damage liability and personal and advertising injury including those arising out of the ownership, maintenance, repair, condition or operation of every party of the Property. Such insurance policy or
policies shall contain a broad form contractual liability endorsement under which the insurer agrees to insure Lessee’s obligations under Article X hereof to the extent insurable, and a “severability of interest” clause or
endorsement which precludes the insurer from denying the claim of Lessee or Lessor because of the negligence or other acts of the other, shall be in amounts of not less than $5,000,000.00 per occurrence for


  
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bodily injury and property damage, and $5,000,000.00 general aggregate per location, or such higher limits as Lessor may reasonably require from time to time, and shall be of form and substance
satisfactory to Lessor. Such limits of insurance can be acquired through Commercial General liability and Umbrella liability policies. 

(iii) Workers’ compensation and Employers Liability insurance with statutorily mandated limits covering all persons
employed by Lessee on the Property in connection with any work done on or about the Property for which claims for death or bodily injury could be asserted against Lessor, Lessee or the Property. 

(iv) Business interruption insurance covering Lessee’s net profits and continuing expenses including all Rental
obligations to Lessor at all locations for a period of not less than twelve (12) months. Such insurance is to follow the form of the real property “all risk” or “special form” coverage and is not to contain a co-insurance
clause. 
 (v) Automobile liability insurance, including owned, non-owned and hired car liability insurance for combined
limits of liability of $5,000,000.00 per occurrence. The limits of liability can be provided in a combination of an automobile liability policy and an umbrella liability policy. 

(vi) Comprehensive Boiler and Machinery Insurance against loss or damage from explosion of any steam or pressure boilers or
similar apparatus, if any, located in or about the Property and in an amount equal to the lesser of 25% of the 100% replacement cost of the Property or $5,000,000.00. 

(vii) The Environmental Insurance Policy, as set forth below. 

(viii) Such additional and/or other insurance and in such amounts as at the time is customarily carried by prudent owners or
tenants with respect to improvements and personal property similar in character, location and use and occupancy to the Property. 

(b) Insurance Provisions. All insurance policies shall: 

(i) provide (A) for a waiver of subrogation by the insurer as to claims against Lessor, its employees and agents;
(B) that the insurer shall not deny a claim and that such insurance cannot be unreasonably cancelled, invalidated or suspended on account of the conduct of Lessee, its officers, directors, employees or agents, or anyone acting for Lessee or any
subtenant or other occupant of the Property; and (C) that any losses otherwise payable thereunder shall be payable notwithstanding any act or omission of Lessor or Lessee which might, absent such provision, result in a forfeiture of all or a
part of such insurance payment; 
 (ii) be primary and provide that any “other insurance” clause in the insurance
policy shall exclude any policies of insurance maintained by Lessor and the insurance policy shall not be brought into contribution with insurance maintained by Lessor; 

  
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 (iii) contain deductibles not to exceed $50,000.00; provided, however the
deductible with respect to any claim based upon a named storm shall not exceed $100,000.00; 
 (iv) contain a standard non-contributory mortgagee clause or endorsement in favor of any Lender designated by Lessor; 

(v) provide that the policy of insurance shall not be terminated, cancelled or amended without at least thirty
(30) days’ prior written notice to Lessor and to any Lender covered by any standard mortgagee clause or endorsement; 

(vi) provide that the insurer shall not have the option to restore the Property if Lessor elects to terminate this Lease in
accordance with the terms hereof; 
 (vii) be in amounts sufficient at all times to satisfy any coinsurance requirements
thereof; 
 (viii) except for workers’ compensation insurance referred to in Section 6.03(a)(iii) above, name
Lessor and any Lessor Affiliate or Lender requested by Lessor, as an “additional insured” with respect to general liability insurance and business interruption insurance, as a “named insured” with respect to real property, and as
a “loss payee” with respect to all real property insurance, as appropriate and as their interests may appear; 

(ix) be evidenced by delivery to Lessor and any Lender designated by Lessor of an Acord Form 28 for property, business
interruption and boiler & machinery coverage (or any other commercially reasonably form requested by Lessor) and an Acord Form 25 for commercial general liability, workers’ compensation and umbrella coverage (or any other commercially
reasonably form requested by Lessor); provided that in the event that either such form is no longer available, such evidence of insurance shall be in a form reasonably satisfactory to Lessor and any Lender designated by Lessor; and 

(x) be issued by insurance companies licensed to do business in the state where the Property is located and which are rated no
less than A-X by Best’s Insurance Guide or are otherwise approved by Lessor. 
 (c) Additional
Obligations. It is expressly understood and agreed that (i) if any insurance required hereunder, or any part thereof, shall expire, be withdrawn, become void by breach of any condition thereof by Lessee, or become void or in jeopardy by
reason of the failure or impairment of the capital of any insurer, Lessee shall immediately obtain new or additional insurance reasonably satisfactory to Lessor and any Lender designated by Lessor; (ii) the minimum limits of insurance coverage
set forth in this Section 6.03 shall not limit the liability of Lessee for its acts or omissions as 

  
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provided in this Lease; (iii) Lessee shall procure policies for all insurance for periods of not less than one year and shall provide to Lessor and any servicer or Lender of Lessor
certificates of insurance or, upon Lessor’s request, duplicate originals of insurance policies evidencing that insurance satisfying the requirements of this Lease is in effect at all times; (iv) Lessee shall pay as they become due all
premiums for the insurance required by this Section 6.03; and (v) in the event that Lessee fails to comply with any of the requirements set forth in this Section 6.03, within ten (10) days of the giving of written notice by
Lessor to Lessee, (A) Lessor shall be entitled to procure such insurance; and (B) any sums expended by Lessor in procuring such insurance shall be Additional Rental and shall be repaid by Lessee, together with interest thereon at the Default
Rate, from the time of payment by Lessor until fully paid by Lessee immediately upon written demand therefor by Lessor. 

(d) Blanket Policies. Notwithstanding anything to the contrary in this Section 6.03, any insurance which
Lessee is required to obtain pursuant to this Section 6.03 may be carried under a “blanket” policy or policies covering other properties or liabilities of Lessee provided that such “blanket” policy or policies otherwise
comply with the provisions of this Section 6.03. 
 Section 6.04. Environmental Insurance Policy. Throughout the Term,
Lessee shall maintain, at Lessee’s sole cost and expense, the Environmental Insurance Policy. Lessor acknowledges and agrees that (i) Lessor shall not amend or terminate the Environmental Insurance Policy without the prior written consent of
Lessee; and (ii) this Lease shall be referenced as an “insured contract” under the Environmental Insurance Policy. Lessor acknowledges that Lessee is the owner of the Existing Environmental Insurance Policy and is entitled to receive
any refund of deposits made with respect to the Existing Environmental Insurance Policy. Additionally, Lessee shall be entitled to receive any refund of deposits made by Lessee with respect to the Environmental Insurance Policy. 

Section 6.05. Tax and Insurance Impound. Upon the occurrence of an Event of Default and with respect to each Event of Default, in
addition to any other remedies, Lessor may require Lessee to pay to Lessor on the first day of each month the amount that Lessor reasonably estimates will be necessary in order to accumulate with Lessor sufficient funds in an impound account (which
shall not be deemed a trust fund) (the “Reserve”) for Lessor to pay any and all real estate taxes (“Real Estate Taxes”) and insurance premiums (“Insurance Premiums”) for the Property for the ensuing
twelve (12) months, or, if due sooner, Lessee shall pay the required amount immediately upon Lessor’s demand therefor. Lessor shall, upon prior written request of Lessee, provide Lessee with evidence reasonably satisfactory to Lessee that
payment of the Real Estate Taxes and Insurance Premiums was made in a timely fashion. In the event that the Reserve does not contain sufficient funds to timely pay any Real Estate Taxes or Insurance Premiums, upon Lessor’s written notification
thereof, Lessee shall, within five (5) Business Days of such notice, provide funds to Lessor in the amount of such deficiency. Lessor shall pay or cause to be paid directly to the applicable taxing authorities and insurance company, as the case
may be, any Real Estate Taxes and Insurance Premiums then due and payable for which there are funds in the Reserve; provided, however, that in no event shall Lessor be obligated to pay any Real Estate Taxes or Insurance Premiums in excess of
the funds held in the Reserve, and Lessee shall remain liable for any and all Real Estate Taxes, including fines, penalties, interest or additional costs imposed by any taxing authority (unless incurred as a result of Lessor’s failure to timely
pay Real Estate Taxes for which it had funds in 

  
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the Reserve) and Insurance Premiums. Lessee shall cooperate fully with Lessor in assuring that the Real Estate Taxes and Insurance Premiums are timely paid. Lessor may deposit all Reserve funds
in accounts insured by any federal or state agency and may commingle such funds with other funds and accounts of Lessor. Interest or other gains from such funds, if any, shall be the sole property of Lessor. Upon an Event of Default, in addition to
any other remedies, Lessor may apply all impounded funds in the Reserve against any sums due from Lessee to Lessor. Lessor shall give to Lessee an annual accounting showing all credits and debits to and from such impounded funds received from
Lessee. 
 ARTICLE VII 

MAINTENANCE; ALTERATIONS 

Section 7.01. Condition of Property; Maintenance. Lessee hereby accepts the Property “AS IS” and “WHERE IS”
with no representation or warranty of Lessor as to the condition thereof. Lessee shall, at its sole cost and expense, be responsible for (a) keeping all of the building, structures and improvements erected on the Property in good order and
repair, free from actual or constructive waste, including without limitation, the roof and the HVAC and other electrical and mechanical systems; (b) the repair or reconstruction of any building, structures or improvements erected on the
Property damaged or destroyed by a Casualty; (c) subject to Section 7.02, making all necessary structural, non-structural, exterior and interior repairs and replacements to any building, structures or improvements erected on the Property,
including without limitation, completion of the repairs described on the Physical Condition Assessment schedule attached hereto as Exhibit E with 180 days from the Effective Date; (d) operating, remodeling, updating and modernizing the
Property in accordance with those standards adopted from time to time on a system-wide basis for the Permitted Facility; and (e) paying all operating costs of the Property in the ordinary course of
business. Lessee waives any right to require Lessor to maintain, repair or rebuild all or any part of the Property or make repairs at the expense of Lessor pursuant to any Legal Requirements at any time in effect. 

Section 7.02. Alterations and Improvements. During the Lease Term, Lessee shall not alter the exterior, structural, plumbing or
electrical elements of the Property in any manner without the consent of Lessor, which consent shall not be unreasonably withheld or conditioned; provided, however, Lessee may undertake nonstructural alterations to the Property, individually,
costing less than $100,000.00 without Lessor’s prior written consent. If Lessor’s consent is required hereunder and Lessor consents to the making of any such alterations, the same shall be made by Lessee at Lessee’s sole expense by a
licensed contractor and according to plans and specifications approved by Lessor and subject to such other conditions as Lessor shall reasonably require. Any work at any time commenced by Lessee on the Property shall be prosecuted diligently to
completion, shall be of good workmanship and materials and shall comply fully with all the terms of this Lease and all Legal Requirements. Upon completion of any alterations individually costing $100,000.00 or more, Lessee shall promptly provide
Lessor with evidence of full payment to all laborers and materialmen contributing to the alterations. Additionally, upon completion of any alterations, Lessee shall promptly provide Lessor with (a) an architect’s certificate certifying the
alterations to have been completed in conformity with the plans and specifications (if the alterations are of such a nature as would require the issuance of such a certificate from the architect); (b) a certificate of occupancy (if the
alterations are of such a nature as would require the issuance of a certificate of occupancy); and (c) any other documents or information reasonably requested by Lessor. Lessee shall keep the 

  
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Property free from any liens arising out of any work performed on, or materials furnished to, the Property. Lessee shall execute and file or record, as appropriate, a “Notice of Non-Responsibility,” or any equivalent notice permitted under applicable Law in the state where the Property is located which provides that Lessor is not responsible for the payment of any costs or expenses
relating to the additions or alterations. Any addition to or alteration of the Property shall be deemed a part of the Property and belong to Lessor, and Lessee shall execute and deliver to Lessor such instruments as Lessor may require to evidence
the ownership by Lessor of such addition or alteration. 
 Section 7.03. Encumbrances. During the Lease Term, Lessor
shall have the right to grant easements on, over, under and above the Property with the prior consent of Lessee, provided that such easements will not materially interfere with Lessee’s use of the Property or with existing rights and easements
of record against the Property. Lessee shall comply with and perform all obligations of Lessor under all easements, declarations, covenants, restrictions and other items of record now or hereafter encumbering the Property. Without Lessor’s
prior written consent, Lessee shall not grant any easements on, over, under or above the Property. 
 ARTICLE VIII 

USE OF THE PROPERTY; COMPLIANCE 

Section 8.01. Use. During the Lease Term, the Property shall be used solely for the operation of a Permitted Facility. Except
during periods when a Property is untenantable due to Casualty or Condemnation (and provided that Lessee continues to strictly comply with the other terms and conditions of this Lease), Lessee shall at all times during the Lease Term occupy the
Property and shall diligently operate its business on the Property. 
 Section 8.02. Alternative Use. Lessee shall not, by
itself or through any assignment, sublease or other type of transfer, convert the Property to an alternative use during the Lease Term without Lessor’s prior written consent. In the event that Lessee shall change the concept or brand of the
Permitted Facility operated on the Property, only as may be expressly permitted herein or consented to by Lessor in writing, which consent shall not be unreasonably withheld, conditioned or delayed, Lessee shall provide Lessor with written notice of
any such change and a full explanation of such new concept or brand, if any. In the event Lessee wishes to change the concept or brand of the operations on the Property such that they would no longer be a Permitted Facility, then Lessee must obtain
the written consent of Lessor in advance, which consent shall not be unreasonably withheld, conditioned or delayed. 
 Section 8.03.
Compliance. Lessee’s use and occupation of the Property, and the condition thereof, shall, at Lessee’s sole cost and expense, comply fully with all Legal Requirements and all restrictions, covenants and encumbrances of record, and any
owner obligations under such Legal Requirements, or restrictions, covenants and encumbrances of record, with respect to the Property, in either event, the failure with which to comply could have a Material Adverse Effect. Without in any way limiting
the foregoing provisions, Lessee shall comply with all Legal Requirements relating to anti-terrorism, trade embargos, economic sanctions, Anti-Money Laundering Laws, and the Americans with Disabilities Act of
1990, as such act may be amended from time to time, and all regulations promulgated thereunder, as it affects the Property now or hereafter in effect. Upon Lessor’s written request from time to time during the Lease Term, Lessee shall certify
in writing to Lessor that Lessee’s representations, 

  
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warranties and obligations under Section 5.08 and this Section 8.03 remain true and correct and have not been breached. Lessee shall immediately notify Lessor in writing if any of such
representations, warranties or covenants are no longer true or have been breached or if Lessee has a reasonable basis to believe that they may no longer be true or have been breached. In connection with such an event, Lessee shall comply with all
Legal Requirements and directives of Governmental Authorities that are not subject to further appeal or review and, at Lessor’s request, provide to Lessor copies of all notices, reports and other communications exchanged with, or received from,
Governmental Authorities relating to such an event. Lessee shall also reimburse Lessor for all Costs reasonably incurred by Lessor in evaluating the effect of such an event on the Property and this Lease, in obtaining any necessary license from
Governmental Authorities as may be necessary by reason of such an event for Lessor to enforce its rights under the Transaction Documents, and in complying with all Legal Requirements applicable to Lessor as the result of the existence of such an
event and for any penalties or fines imposed upon Lessor as a result thereof. Lessee will use its best efforts to prevent any act or condition to exist on or about the Property which will materially increase any insurance rate thereon, except when
such acts are required in the normal course of its business and Lessee shall pay for such increase. Lessee agrees that it will defend, indemnify and hold harmless the Indemnified Parties from and against any and all Losses caused by, incurred or
resulting from Lessee’s failure to comply with its obligations under this Section. 
 Section 8.04. Environmental. 

(a) Representations and Warranties. Except as set forth in the Environmental Disclosures, Lessee represents and
warrants to Lessor, which representations and warranties shall survive the execution and delivery of this Lease, as follows: 

(i) The Property and Lessee are not in violation of or subject to, any pending or, to Lessee’s actual knowledge,
threatened investigation or inquiry by any Governmental Authority or to any remedial obligations under any Environmental Laws that could have a Material Adverse Effect, nor has Lessee received any written or oral notice or other communication from
any Person (including but not limited to a Governmental Authority) with respect to the Property relating to (A) Hazardous Materials, Regulated Substances or USTs, or Remediation thereof; (B) possible liability of any Person pursuant to any
Environmental Law; (C) other environmental conditions; or (D) any actual or potential administrative or judicial proceedings in connection with any of the foregoing that could have a Material Adverse Effect. The foregoing representations
and warranties would continue to be true and correct following disclosure to the applicable Governmental Authorities of all relevant facts, conditions and circumstances known by Lessee, if any, pertaining to the Property. 

(ii) (A) All uses and operations on or of the Property, whether by Lessee or, to Lessee’s knowledge, any other
Person, have been in compliance with all Environmental Laws and environmental permits issued pursuant thereto; (B) there have been no Releases by Lessee or, to Lessee’s knowledge, any other Person in, on, under or from the Property, or,
from other property migrating toward the Property, except in Permitted Amounts; (C) to Lessee’s knowledge, 

  
 13 








 
there are no Hazardous Materials, Regulated Substances or USTs in, on, or under the Property, except in Permitted Amounts; (D) the Property has been kept free and clear of all liens and
other encumbrances imposed pursuant to any Environmental Law (the “Environmental Liens”) or activity use limitations by reason of any activity or condition permitted by Lessee, or, to Lessee’s knowledge, any other Person; and
(E) Lessee has not allowed any other tenant or other user of the Property to do any act that materially increased the dangers to human health or the environment, posed an unreasonable risk of harm to any Person (whether on or off the Property),
impaired the value of the Property in any material respect, is contrary to any requirement set forth in the insurance policies maintained by Lessor or Tenant, constituted a public or private nuisance, constituted waste, or violated any covenant,
condition, agreement or easement applicable to the Property. 
 (b) Covenants. 

(i) Lessee covenants to Lessor during the Lease Term, subject to the limitations of subsection (ii) below, as follows:

 (A) The Property and Lessee shall not be (1) in violation of any Remediation required by any Governmental Authority
that is not subject to further appeal or review, or (2) subject to any Remediation obligations under any Environmental Laws that is not subject to further appeal or review. Lessee shall not be in violation of any investigation or inquiry by any
Governmental Authority. 
 (B) All uses and operations on or of the Property, whether by Lessee or any other Person, shall
be in compliance with all Environmental Laws and permits issued pursuant thereto. 
 (C) There shall be no Releases in, on,
under or from the Property, except in Permitted Amounts. 
 (D) There shall be no Hazardous Materials or Regulated
Substances in, on or under the Property, except in Permitted Amounts. Above and below ground storage tanks shall be properly permitted and only used as permitted. 

(E) Lessee shall keep the Property or cause the Property to be kept free and clear of all Environmental Liens, whether due to
any act or omission of Lessee or any other Person. 
 (F) Lessee shall not act or fail to act or allow any other tenant,
occupant, guest, customer or other user of the Property to act or fail to act in any way that (1) materially increases a risk to human health or the environment, (2) poses an unreasonable or unacceptable risk of harm to any Person or the
environment (whether on or off the Property), (3) has a Material Adverse Effect, (4) is contrary to any material requirement set forth in the insurance policies maintained by Lessee or Lessor,


  
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(5) constitutes a public or private nuisance or constitutes waste, (6) violates any covenant, condition, agreement or easement applicable to the Property, or (7) would result in
any reopening or reconsideration of any prior investigation or causes a new investigation by a Governmental Authority having jurisdiction over the Property. 

(G) Lessee shall, at its sole cost and expense, perform any environmental site assessment or other investigation of
environmental conditions in connection with the Property as may be requested by Lessor for Good Cause (including but not limited to sampling, testing and analysis of soil, water, air, building materials and other materials and substances whether
solid, liquid or gas), and share with Lessor the reports and other results thereof, and Lessor and the other Indemnified Parties shall be entitled to rely on such reports and other results thereof. 

(H) Lessee shall, at its sole cost and expense, fully and expeditiously cooperate in all activities pursuant to this
Section 8.04, including but not limited to providing all relevant information and making knowledgeable persons available for interviews. 

(ii) Notwithstanding any provision of this Lease to the contrary, an Event of Default shall not be deemed to have occurred as a
result of the failure of Lessee to satisfy any one or more of the covenants set forth in subsections (A) through (F) above provided that Lessee shall be in compliance with the requirements of any Governmental Authority with respect to any
Remediation or any Release at the Property. 
 (c) Notification Requirements. Lessee shall immediately notify
Lessor in writing upon Lessee obtaining actual knowledge of (i) any Releases or Threatened Releases in, on, under or from the Property other than in Permitted Amounts, or migrating towards the Property; (ii) any non-compliance with any Environmental Laws related in any way to the Property; (iii) any actual or potential Environmental Lien or activity use limitation; (iv) any required or proposed Remediation of
environmental conditions relating to the Property required by applicable Governmental Authorities; and (v) any written or oral notice or other communication of which Lessee becomes aware from any source whatsoever (including but not limited to
a Governmental Authority) relating in any way to Hazardous Materials, Regulated Substances or above or below ground storage tanks, or Remediation thereof at or on the Property, other than in Permitted Amounts, possible liability of any Person
relating to the Property pursuant to any Environmental Law, other environmental conditions in connection with the Property, or any actual or potential administrative or judicial proceedings in connection with anything referred to in this Section.
Lessee shall, upon Lessor’s written request, deliver to Lessor a certificate stating that Lessee is and has been in full compliance with all of the environmental representations, warranties and covenants in this Lease. 

(d) Remediation. Lessee shall, at its sole cost and expense, and without limiting any other provision of this
Lease, effectuate any Remediation required by any Governmental Authority of any condition (including, but not limited to, a Release or Threatened Release) in, on, under or from the Property and take any other reasonable


  
 15 








 
action deemed necessary by any Governmental Authority for protection of human health or the environment; provided the required Remediation or other action is not subject to further appeal or
review. Should Lessee fail to undertake any required Remediation in accordance with the preceding sentence, Lessor, after written notice to Lessee and Lessee’s failure to immediately undertake such Remediation, shall be permitted to complete
such Remediation, and all Costs incurred in connection therewith shall be paid by Lessee. Any Cost so paid by Lessor, together with interest at the Default Rate, shall be deemed to be Additional Rental hereunder and shall be immediately due from
Lessee to Lessor. 
 (e) Indemnification. Lessee shall, at its sole cost and expense, protect, defend,
indemnify, release and hold harmless each of the Indemnified Parties from and against any and all Losses, including, but not limited to, all Costs of Remediation (whether or not performed voluntarily), relating to events occurring before or during
the Term or in any way relating to, any Environmental Laws, Hazardous Materials, Regulated Substances, above or below ground storage tanks, or other environmental matters concerning the Property, but excluding Losses suffered by an Indemnified Party
arising out of the acts or omissions of any Indemnified Party. It is expressly understood and agreed that Lessee’s obligations under this Section shall survive the expiration or earlier termination of this Lease for any reason. 

(f) Right of Entry. Without violating the requirements of any Governmental Authority that Lessee maintain
“secure areas” within the Permitted Facility, Lessor and any other Person designated by Lessor, including but not limited to any receiver, any representative of a Governmental Authority, and any environmental consultant, shall have the
right, but not the obligation, to enter upon the Property at all reasonable times and in a manner that avoids any material disruption of Lessee’s business (including, without limitation, in connection with the exercise of any remedies set forth
in this Lease) to assess any and all aspects of the environmental condition of the Property and its use, including but not limited to conducting any environmental assessment or audit (the scope of which shall be determined in Lessor’s sole and
absolute discretion) and taking samples of soil, groundwater or other water, air, or building materials, and conducting other invasive testing. Lessee shall cooperate with and provide reasonable access to Lessor and any other Person designated by
Lessor in a manner that avoids any material disruption of Lessee’s business. Any reasonable assessment or investigation made for Good Cause shall be at Lessee’s sole cost and expense. 

(g) Inspections. Without violating the requirements of any Governmental Authority that Lessee maintain
“secure areas” within the Permitted Facility, at its sole cost and expense, Lessee shall have the Property inspected as may be required by any Environmental Law for seepage, spillage and other environmental concerns. Lessee shall maintain
and monitor all above and below ground storage tanks in accordance with all Environmental Laws. Lessee shall provide Lessor with written certified results of all inspections performed on the Property. All costs and expenses associated with the
inspection, preparation and certification of results, as well as those associated with any corrective action, shall be paid by Lessee. All inspections and tests performed on the Property shall be in compliance with all Environmental Laws. 

  
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 (h) UST Compliance. Lessee shall comply or cause the compliance
with all applicable federal, state and local regulations and requirements regarding above and below ground storage tanks, including, without limitation, any of such regulations or requirements which impose (i) technical standards, including,
without limitation, performance, leak prevention, leak detection, notification reporting and recordkeeping; (ii) corrective action with respect to confirmed and suspected Releases; and (iii) financial responsibility for the payment of
costs of corrective action and compensation to third parties for injury and damage resulting from Releases. Lessee shall immediately notify Lessor, in writing, of (A) the presence on or under the Property, or the Release from any above or below
ground storage tank on, above or under the Property, of any Hazardous Materials or Regulated Substances, apparent or real; and (B) any and all enforcement, clean-up, remedial, removal or other
governmental or regulatory actions threatened, instituted or completed pursuant to any of the Environmental Laws affecting the Property. Upon any such Release from any USTs on, above or under the Property of any Hazardous Materials or Regulated
Substances, Lessee shall immediately remedy such situation in accordance with all Environmental Laws and any request of Lessor. Should Lessee fail to remedy or cause the remedy of such situation in accordance with all Environmental Laws, Lessor
shall be permitted to take actions in its reasonable discretion to remedy such situation and all reasonable Costs incurred in connection therewith, together with interest at the Default Rate, will be paid by Lessee. 

(i) Survival. The obligations of Lessee and the rights and remedies of Lessor under this Section 8.04 shall
survive the termination, expiration and/or release of this Lease. 
 ARTICLE IX 

ADDITIONAL COVENANTS 

Section 9.01. Performance at Lessee’s Expense. Lessee acknowledges and confirms that Lessor may impose reasonable
administrative, processing or servicing fees, and collect its actual reasonable attorneys’ fees, costs and expenses in connection with (a) any extension, renewal, modification, amendment and termination of this Lease requested by Lessee;
(b) any release or substitution of Property requested by Lessee; (c) the procurement of consents, waivers and approvals with respect to the Property or any matter related to this Lease requested by Lessee; (d) the review of any
assignment or sublease or proposed assignment or sublease or the preparation or review of any subordination or non-disturbance agreement; (e) the collection, maintenance and/or disbursement of reserves
created under this Lease or the other Transaction Documents; and (f) inspections required to make certain determinations under this Lease or the other Transaction Documents. The maximum fee that Lessor may charge with respect to any individual
request by Lessee shall be Two Thousand and 00/100 Dollars ($2,000.00), which maximum amount shall increase at a rate of 2% per annum after the Effective Date. Lessee shall not in any case be liable to Lessor for any such costs and expenses
necessitated by Lessor’s own activities or transactions or required by Lessor’s Lenders or funding sources. 

Section 9.02. Inspection. Without violating the requirements of any Governmental Authority that Lessee maintain “secure
areas” within the Permitted Facility, Lessor and its authorized representatives shall have the right, at all reasonable times and upon giving 

  
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reasonable prior notice (except in the event of an emergency, in which case no prior notice shall be required), to enter the Property or any part thereof and inspect the same in a manner that
avoids any material disruption of Lessee’s business. Lessee hereby waives any claim for damages for any injury or inconvenience to or interference with Lessee’s business, any loss of occupancy or quiet enjoyment of the Property and any
other loss occasioned by such entry, but, subject to Section 10.01, excluding damages arising as a result of the negligence or intentional misconduct of Lessor. 

Section 9.03. Financial Information. 

(a) Financial Statements. Within forty five (45) days after the end of each fiscal quarter and within one
hundred twenty (120) days after the end of each fiscal year of the Lessee Reporting Entities, Lessee shall deliver to Lessor (i) complete consolidated financial statements that consolidate Lessee and the Lessee Reporting Entities,
including a balance sheet, profit and loss statement, statement of stockholders’ equity and statement of cash flows and all other related schedules for the fiscal period then ended; (ii) income statements for the business at the Property;
and (iii) the supplemental financial information set forth on Schedule 9.03. All such financial statements shall be prepared in accordance with GAAP, except that unaudited Financial Statements shall be subject to normal year-end adjustments and
matters that would be revealed in notes to audits of such Financial Statements, none of which shall be material to the Lessee, and shall be certified to be accurate and complete by an officer or director of each Lessee Reporting Entity. In the event
that Lessee’s business at the Property is ordinarily consolidated with other business for financial statements purposes, a separate profit and loss statement shall be provided showing separately the sales, profits and losses pertaining to the
Property with the basis for allocation of overhead or other charges being clearly set forth in accordance with Schedule 9.03. The financial statements delivered to Lessor need not be audited, but Lessee shall deliver to Lessor copies of any audited
financial statements of the Lessee Reporting Entities which may be prepared, as soon as they are available. Within thirty (30) days after the end of each fiscal year of Lessee, and upon prior written request by Lessor, Lessee shall deliver such
compliance certificate to Lessor as Lessor may reasonably require in order to establish that Lessee is in compliance with all of its obligations, duties and covenants under this Lease. 

(b) Other Information. Notwithstanding any provision contained herein, upon request at any time, Lessee will
provide to Lessor any and all financial information and/or unaudited financial statements of the Lessee Reporting Entities (and in the form or forms) as reasonably requested by Lessor including, but not limited to, as requested by Lessor in
connection with Lessor’s filings with or disclosures to any Governmental Authority, including, without limitation, the financial statements required in connection with Securities and Exchange Commission filings by Lessor or its Affiliates. 

Section 9.04. OFAC Laws. Upon receipt of notice or upon actual knowledge thereof, Lessee shall immediately notify Lessor in
writing if any Person owning (directly or indirectly) any interest in any of the Lessee Entities, or any director, officer, shareholder, member, manager or partner of any of such holders is a Person whose property or interests are subject to being
blocked under any of the OFAC Laws, or is otherwise in violation of any of the OFAC Laws, or is under investigation by any Governmental Authority for, or has been charged with, or convicted 

  
 18 








 
of, drug trafficking, terrorist-related activities or any violation of the Anti-Money Laundering Laws, has been
assessed civil penalties under these or related Laws, or has had funds seized or forfeited in an action under these or related Laws; provided, however, that the covenant in this Section 9.04 shall not apply to any Person to the extent
such Person’s interest is in or through a U.S. Publicly Traded Entity. 
 Section 9.05. Estoppel Certificate. At any time,
and from time to time, Lessee shall, promptly and in no event later than ten (10) days after a request from Lessor or any Lender or mortgagee of Lessor, execute, acknowledge and deliver to Lessor or such Lender or mortgagee, as the case may be,
a certificate in the form supplied by Lessor, certifying: (a) that Lessee has accepted the Property; (b) that this Lease is in full force and effect and has not been modified (or if modified, setting forth all modifications), or, if this
Lease is not in full force and effect, the certificate shall so specify the reasons therefor; (c) the commencement and expiration dates of the Lease Term; (d) the date to which the Rentals have been paid under this Lease and the amount
thereof then payable; (e) whether there are then any existing defaults by Lessor in the performance of its obligations under this Lease, and, if there are any such defaults, specifying the nature and extent thereof; (f) that no notice has
been received by Lessee of any default under this Lease which has not been cured, except as to defaults specified in the certificate; (g) the capacity of the Person executing such certificate, and that such Person is duly authorized to execute
the same on behalf of Lessee; (h) that neither Lessor nor any Lender or mortgagee has actual involvement in the management or control of decision making related to the operational aspects or the day-to-day operation of the Property, including any handling or disposal of Hazardous Materials or Regulated Substances; and (i) any other factual information reasonably requested by Lessor or any
Lender or mortgagee, as the case may be. If Lessee shall fail or refuse to sign a certificate in accordance with the provisions of this Section within ten (10) days following a request by Lessor, Lessee irrevocably constitutes and appoints
Lessor as its attorney-in-fact to execute and deliver the certificate to any such third party, provided the truth of the facts set forth in such certificate is not
disputed in writing by Lessee, it being stipulated that such power of attorney is coupled with an interest and is irrevocable and binding. 

ARTICLE X 
 RELEASE AND
INDEMNIFICATION 
 Section 10.01. Release and Indemnification of Lessor. Lessee agrees to use and occupy the Property at its
own risk and hereby releases Lessor and Lessor’s agents and employees from all claims for any damage or injury to Lessee, its agents, employees, customers, licensees or invitees the full extent permitted by Law, excluding only Losses subject to
Lessor’s Indemnification. Lessee agrees that Lessor shall not be responsible or liable to Lessee or Lessee’s employees, agents, customers, licensees or invitees for bodily injury, personal injury or property damage occasioned by the acts
or omissions of any other lessee or any other Person, excluding only Losses subject to Lessor’s Indemnification. Lessee shall indemnify, protect, defend and hold harmless each of the Indemnified Parties from and against any and all Losses
caused by, incurred or resulting from Lessee’s operations or by Lessee’s use and occupancy of the Property, whether relating to its original design or construction, latent defects, alteration, maintenance, use by Lessee or any Person
thereon, supervision or otherwise, or from any breach of, default under, or failure to perform, any term or provision of this Lease by Lessee, its officers, employees, agents or other Persons, but excluding Losses


  
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suffered by an Indemnified Party arising out of the negligence or willful misconduct of any Indemnified Party. It is expressly understood and agreed that Lessee’s obligations under this
Section shall survive the expiration or earlier termination of this Lease for any reason whatsoever. 
 Section 10.02.
Indemnification of Lessee. Lessor shall indemnify, protect, defend and hold harmless Lessee, its employees, agents, customers, licensees or invitees from and against any and all Losses arising out of the gross negligence, willful misconduct or
breach of this Lease of any Indemnified Party. For purposes of this Article, the term “gross negligence” shall not include gross negligence imputed as a matter of Law to any of the Indemnified Parties solely by reason of Lessor’s
interest in the Property and no breach of this Lease shall be deemed to arise solely from Lessor’s failure to act in respect of matters which are or were the obligation of Lessee under this Lease. 

ARTICLE XI 

CONDEMNATION AND CASUALTY 

Section 11.01. Notification. Lessee shall promptly give Lessor written notice of (a) any Condemnation of the Property,
(b) the commencement of any proceedings or negotiations which might result in a Condemnation of the Property, and (c) any Casualty to the Property or any part thereof. Such notice shall provide a general description of the nature and
extent of such Condemnation, proceedings, negotiations or Casualty, and shall include copies of any documents or notices received in connection therewith. Thereafter, Lessee shall promptly send Lessor copies of all notices, correspondence and
pleadings relating to any such Condemnation, proceedings, negotiations or Casualty. 
 Section 11.02. Total Condemnation. In the
event of a Condemnation of all or substantially all of the Property, including a Condemnation (other than a Temporary Taking) of such a substantial part of the Property resulting in the portion of the Property remaining after such Condemnation being
unsuitable for use as a Permitted Facility, as determined by Lessee in the exercise of good faith business judgment (and Lessee provides to Lessor an officer’s certificate executed by an officer of Lessee certifying to the same) (each such
event, a “Total Condemnation”), then, in such event: 
 (a) Termination of Lease. On the date
of the Total Condemnation, all obligations of either party hereunder shall cease; provided, however, that Lessee’s obligations to the Indemnified Parties under any indemnification provisions of this Lease and Lessee’s obligation to
pay Rental and all other Monetary Obligations (whether payable to Lessor or a third party) accruing under this Lease prior to the date of termination shall survive such termination. If the date of such Total Condemnation is other than the first day
of a month, the Base Monthly Rental for the month in which such Total Condemnation occurs shall be apportioned based on the date of the Total Condemnation. 

(b) Net Award. Lessor shall be entitled to receive the entire Net Award in connection with a Total Condemnation
without deduction for any estate vested in Lessee by this Lease, and Lessee hereby expressly assigns to Lessor all of its right, title and interest in and to every such Net Award and agrees that Lessee shall not be entitled to any Net Award or other
payment for the value of Lessee’s leasehold interest in this Lease. 

  
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 Section 11.03. Partial Condemnation or Casualty. In the event of a Condemnation which
is not a Total Condemnation (each such event, a “Partial Condemnation”), or in the event of a Casualty: 

(a) Net Awards. All Net Awards shall be paid to Lessor. 

(b) Lessor Election To Continue or Terminate Lease. Lessor shall have the option, (i) subject to the right
of Lessee to elect otherwise as set forth in subsection (c) below, to terminate this Lease by notifying Lessee in writing within thirty (30) days after Lessee gives Lessor notice (A) of such Partial Condemnation or Casualty, or
(B) that title has vested in the condemning authority; or (ii) to continue this Lease in effect, which election shall be evidenced by either a notice from Lessor to Lessee, or Lessor’s failure to notify Lessee in writing that Lessor
has elected to terminate this Lease within such thirty (30)-day period. Lessee shall have a period of sixty (60) days after receipt of Lessor’s notice to terminate referenced above during which to
elect, despite such Lessor notice of termination, to continue this Lease on the terms herein provided. 
 (c)
Continuance of Lease. If Lessor elects not to terminate this Lease, but Lessee elects to continue this Lease, then this Lease shall continue in full force and effect upon the following terms: 

(i) All Rental and other Monetary Obligations due under this Lease shall continue unabated. 

(ii) Lessee shall promptly commence and diligently prosecute restoration of the Property to the same condition, as nearly as
practicable, as prior to such Partial Condemnation or Casualty as approved by Lessor. Subject to the terms and provisions of the Mortgages and upon the written request of Lessee (accompanied by evidence reasonably satisfactory to Lessor that such
amount has been paid or is due and payable and is properly part of such costs, and that Lessee has complied with the terms of Section 7.02 in connection with the restoration), Lessor shall promptly make available and pay to Lessee in
installments, subject to reasonable conditions for disbursement imposed by Lessor, an amount up to but not exceeding the amount of any Net Award received by Lessor with respect to such Partial Condemnation or Casualty. Prior to the disbursement of
any portion of the Net Award with respect to a Casualty, Lessee shall provide evidence reasonably satisfactory to Lessor of the payment of restoration expenses by Lessee up to the amount of the insurance deductible applicable to such Casualty.
Lessor shall be entitled to keep any portion of the Net Award which may be in excess of the cost of restoration, and Lessee shall bear all additional Costs of such restoration in excess of the Net Award. 

  
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 (d) No Continuance of Lease. If Lessor elects to terminate this
Lease pursuant to Subsection (b) above and if Lessee does not elect to continue this Lease or shall fail during such sixty (60) day period to notify Lessor of Lessee’s intent to continue this Lease, then this Lease shall terminate as
of the last day of the month during which such sixty (60) day period expired. Lessee shall vacate and surrender the Property by such termination date, in accordance with the provisions of this Lease, and on the termination date, all obligations
of either party hereunder shall cease; provided, however, Lessee’s obligations to the Indemnified Parties under any indemnification provisions of this Lease and Lessee’s obligations to pay Rental and all other Monetary
Obligations (whether payable to Lessor or a third party) accruing under this Lease prior to the date of termination shall survive such termination. In such event, Lessor may retain all Net Awards related to the Partial Condemnation or Casualty, and
Lessee shall immediately pay Lessor an amount equal to the insurance deductible applicable to any Casualty. 
 Section 11.04.
Temporary Taking. In the event of a Condemnation of all or any part of the Property for a temporary use (a “Temporary Taking”), this Lease shall remain in full force and effect without any reduction of Base Annual Rental,
Additional Rental or any other Monetary Obligation payable hereunder. Except as provided below and subject to the terms and provisions of the Mortgages, Lessee shall be entitled to the entire Net Award for a Temporary Taking, unless the period of
occupation and use by the condemning authorities shall extend beyond the date of expiration of this Lease, in which event the Net Award made for such Temporary Taking shall be apportioned between Lessor and Lessee as of the date of such expiration.
At the termination of any such Temporary Taking, Lessee will, at its own cost and expense and pursuant to the provisions of Section 7.02, promptly commence and complete restoration of the Property. 

Section 11.05. Adjustment of Losses. Any loss under any property damage insurance required to be maintained by Lessee shall be
adjusted by Lessor and Lessee. Subject to the terms and provisions of the Mortgages, any Net Award relating to a Total Condemnation or a Partial Condemnation shall be adjusted by Lessor or, at Lessor’s election, Lessee. Notwithstanding the
foregoing or any other provisions of this Section 11.05 to the contrary, but subject to the terms and provisions of the Mortgages, if at the time of any Condemnation or any Casualty or at any time thereafter an Event of Default shall have
occurred and be continuing, Lessor is hereby authorized and empowered but shall not be obligated, in the name and on behalf of Lessee and otherwise, to file and prosecute Lessee’s claim, if any, for a Net Award on account of such Condemnation
or such Casualty and to collect such Net Award and apply the same to the curing of such Event of Default and any other then existing Event of Default under this Lease and/or to the payment of any amounts owed by Lessee to Lessor under this Lease, in
such order, priority and proportions as Lessor in its discretion shall deem proper. 
 Section 11.06. Lessee Obligation in Event of
Casualty. During all periods of time following a Casualty, Lessee shall take reasonable steps to ensure that the Property is secure and does not pose any risk of harm to any adjoining property and Persons (including owners or occupants of such
adjoining property). 
 Section 11.07. Lessee Awards and Payments. Notwithstanding any provision contained in this Article XI,
Lessee shall be entitled to claim and receive any award or payment from the condemning authority expressly granted for the taking of any personal property owned by Lessee, any insurance proceeds with respect to any personal property owned by Lessee,
the interruption of its business and moving expenses (subject, however, to the provisions of Section 6.03(a)(iv) above), but only if such claim or award does not adversely affect or interfere with the prosecution of Lessor’s claim for the
Condemnation or Casualty, or otherwise reduce the amount recoverable by Lessor for the Condemnation or Casualty. 

  
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 ARTICLE XII 

DEFAULT, CONDITIONAL LIMITATIONS, 

REMEDIES AND MEASURE OF DAMAGES 

Section 12.01. Event of Default. Each of the following shall be an event of default by Lessee under this Lease (each, an
“Event of Default”): 
 (a) if any representation or warranty of Lessee set forth in this Lease is false in
any material respect when made, or if Lessee renders any false statement or account when made; 
 (b) if any Rental or other
Monetary Obligation due under this Lease is not paid when due; 
 (c) if Lessee fails to pay, prior to delinquency, any
taxes, assessments or other charges the failure of which to pay will result in the imposition of a lien against the Property; 

(d) if there is an Insolvency Event affecting Lessee; 

(e) if Lessee vacates or abandons the Property; 

(f) if Lessee fails to observe or perform any of the other covenants, conditions or obligations of Lessee in this Lease;
provided, however, if any such failure does not involve the payment of any Monetary Obligation, does not place the Property or any rights or property of Lessor in immediate jeopardy, and is within the reasonable power of Lessee to promptly
cure, then such failure shall not constitute an Event of Default hereunder, unless otherwise expressly provided herein, unless and until Lessor shall have given Lessee notice thereof and a period of thirty (30) days shall have elapsed, during
which period Lessee may correct or cure such failure, upon failure of which an Event of Default shall be deemed to have occurred hereunder without further notice or demand of any kind being required. If such failure cannot reasonably be cured within
such thirty (30)-day period, and Lessee is diligently pursuing a cure of such failure, then Lessee shall have a reasonable period to cure such failure beyond such thirty
(30)-day period, which shall in no event exceed ninety (90) days after receiving notice of such failure from Lessor. If Lessee shall fail to correct or cure such failure within such ninety (90)-day period, an Event of Default shall be deemed to have occurred hereunder without further notice or demand of any kind being required; 

(g) if a final, nonappealable judgment is rendered by a court against Lessee which has a Material Adverse Effect, or which does
not have a Material Adverse Effect but which is in the amount of $250,000.00 or more, and in either event is not discharged or provision made for such discharge within ninety (90) days from the date of entry thereof; 

  
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 (h) if Lessee shall be liquidated or dissolved or shall begin proceedings towards
its liquidation or dissolution; 
 (i) if the estate or interest of Lessee in the Property shall be levied upon or attached
in any proceeding and such estate or interest is about to be sold or transferred or such process shall not be vacated or discharged within ninety (90) days after it is made; or 

(j) if there is an “Event of Default” or other breach or default by Lessee under any of the other Transaction
Documents or any Other Agreement, after the passage of all applicable notice and cure or grace periods; provided, however, in the event that this Lease has been the subject of a Securitization and any Other Agreement has not been the subject
of the same Securitization or any series relating to such Securitization, an “Event of Default” under such Other Agreement shall not constitute an Event of Default under this Lease. 

Section 12.02. Remedies. Upon the occurrence of an Event of Default, with or without notice or demand, except as otherwise
expressly provided herein or such other notice as may be required by statute and cannot be waived by Lessee, Lessor shall be entitled to exercise, at its option, concurrently, successively, or in any combination, all remedies available at Law or in
equity, including, without limitation, any one or more of the following: 
 (a) to terminate this Lease, whereupon
Lessee’s right to possession of the Property shall cease and this Lease, except as to Lessee’s liability, shall be terminated; 

(b) to the extent not prohibited by applicable Law, to (i) re-enter and take possession of the Property (or any part
thereof), any or all personal property or fixtures of Lessee upon the Property and, to the extent permissible, all permits and other rights or privileges of Lessee pertaining to the use and operation of the Property excluding franchise rights, and
(ii) expel Lessee and those claiming under or through Lessee, without being deemed guilty in any manner of trespass or becoming liable for any loss or damage resulting therefrom, without resort to legal or judicial process, procedure or action.
No notice from Lessor hereunder or under a forcible entry and detainer statute or similar Law shall constitute an election by Lessor to terminate this Lease unless such notice specifically so states. If Lessee shall, after default, voluntarily give
up possession of the Property to Lessor, deliver to Lessor or its agents the keys to the Property, or both, such actions shall be deemed to be in compliance with Lessor’s rights and the acceptance thereof by Lessor or its agents shall not be
deemed to constitute a termination of the Lease. Lessor reserves the right following any re-entry and/or reletting to exercise its right to terminate this Lease by giving Lessee written notice thereof, in
which event this Lease will terminate; 
 (c) to bring an action against Lessee for any damages sustained by Lessor or any
equitable relief available to Lessor and to the extent not prohibited by applicable Law, to seize all personal property or fixtures upon the Property which Lessee owns or in which it has an interest, in which Lessor shall have a landlord’s lien
and/or security interest, and to dispose thereof in accordance with the Laws prevailing at the time and place of such seizure or to remove all or any portion of such property and cause the same to be stored in a public warehouse or elsewhere at
Lessee’s sole expense, without becoming liable for any loss or damage resulting therefrom and without resorting to legal or judicial process, procedure or action; 

  
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 (d) to relet the Property or any part thereof for such term or terms (including a
term which extends beyond the original Lease Term), at such rentals and upon such other terms as Lessor, in its sole discretion, may determine, with all proceeds received from such reletting being applied to the Rental and other Monetary Obligations
due from Lessee in such order as Lessor may, in its sole discretion, determine, which other Monetary Obligations include, without limitation, all reasonable repossession costs, brokerage commissions, attorneys’ fees and expenses, alteration,
remodeling and repair costs and expenses of preparing for such reletting. Except to the extent required by applicable Law, Lessor shall have no obligation to relet the Property or any part thereof and shall in no event be liable for refusal or
failure to relet the Property or any part thereof, or, in the event of any such reletting, for refusal or failure to collect any rent due upon such reletting, and no such refusal or failure shall operate to relieve Lessee of any liability under this
Lease or otherwise to affect any such liability. Lessor reserves the right following any re-entry and/or reletting to exercise its right to terminate this Lease by giving Lessee written notice thereof, in
which event this Lease will terminate as specified in said notice; 
 (e) Lessor may terminate this Lease without any right
of Lessee to reinstate Lessee’s rights by payment of any rentals due under this Lease, including Base Annual Rental and Additional Rental, or other performance of the terms and conditions of this Lease, whereupon Lessee’s right to
possession of the Property shall cease (and Lessee shall immediately surrender possession of the Property to Lessor) and this Lease, except as to Lessee’s liability, shall be terminated. Lessee expressly waives any and all rights of redemption
granted by or under present or future law if this Lease is terminated or if Lessee is evicted or dispossessed by reason of any breach by Lessee of the provisions of this Lease. Upon any termination of this Lease, or upon demand without termination,
at Lessor’s sole discretion, Lessor may recover from Lessee the following: 
 (i) All unpaid Rental scheduled to be paid
prior to the effective date of the Event of Default; and 
 (ii) Lessor may accelerate all Rental due from the date of such
Event of Default through the end of the Lease Term. Such “Accelerated Rent” shall be deemed liquidated damages hereunder, as Lessor’s injury caused by such Event of Default is difficult or impossible to estimate accurately; the
parties intend for this “Accelerated Rent” to provide for damages rather than a penalty; and such “Accelerated Rent” is a reasonable pre-estimate of Lessor’s probable loss in the event of such Event of Default. Such
“Accelerated Rent” amount shall be reduced by the fair market rental amount Lessor reasonably expects to receive if the Property were relet for the time period to which the “Accelerated Rent” applies, which “Accelerated
Rent” amount as so adjusted shall be discounted at a rate equal to the discount rate of the Federal Reserve Bank of New York at the time of such “Accelerated Rent” determination, plus 1%; and 

(iii) Lessor shall be entitled to any other amounts reasonably necessary to compensate Lessor for all loss, damage and
detriment approximately caused by such Event of Default, including without limitation, all court costs, expenses and reasonable attorneys’ fees; 

  
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 (f) to recover from Lessee all Costs paid or incurred by Lessor as a result of
such breach, regardless of whether or not legal proceedings are actually commenced; 
 (g) to immediately or at any time
thereafter, and with or without notice, at Lessor’s sole option but without any obligation to do so, correct such breach or default and charge Lessee all Costs incurred by Lessor therein. Any sum or sums so paid by Lessor, together with
interest at the Default Rate, shall be deemed to be Additional Rental hereunder and shall be immediately due from Lessee to Lessor. Any such acts by Lessor in correcting Lessee’s breaches or defaults hereunder shall not be deemed to cure said
breaches or defaults or constitute any waiver of Lessor’s right to exercise any or all remedies set forth herein; 
 (h)
to immediately or at any time thereafter, and with or without notice, except as required herein, set off any money of Lessee held by Lessor under this Lease or any other Transaction Document or any Other Agreement against any sum owing by Lessee
hereunder; 
 (i) Without limiting the generality of the foregoing or limiting in any way the rights of Lessor under this
Lease or otherwise under applicable Laws, at any time after the occurrence, and during the continuance, of an Event of Default, Lessor shall be entitled to apply for and have a receiver appointed under applicable Law by a court of competent
jurisdiction (by ex parte motion for appointment without notice) in any action taken by Lessor to enforce its rights and remedies hereunder in order to protect and preserve Lessor’s interest under this Lease or in the Property, and in
connection therewith, LESSEE HEREBY IRREVOCABLY CONSENTS TO AND WAIVES ANY RIGHT TO OBJECT TO OR OTHERWISE CONTEST THE APPOINTMENT OF A RECEIVER AFTER THE OCCURRENCE, AND DURING THE CONTINUANCE, OF AN EVENT OF DEFAULT; and/or 

(j) to seek any equitable relief available to Lessor, including, without limitation, the right of specific performance. 

Section 12.03. Cumulative Remedies. All powers and remedies given by Section 12.02 to Lessor, subject to applicable Law,
shall be cumulative and not exclusive of one another or of any other right or remedy or of any other powers and remedies available to Lessor under this Lease, by judicial proceedings or otherwise, to enforce the performance or observance of the
covenants and agreements of Lessee contained in this Lease, and no delay or omission of Lessor to exercise any right or power accruing upon the occurrence of any Event of Default shall impair any other or subsequent Event of Default or impair any
rights or remedies consequent thereto. Every power and remedy given by this Section or by Law to Lessor may be exercised from time to time, and as often as may be deemed expedient, by Lessor, subject at all times to Lessor’s right in its sole
judgment to discontinue any work commenced by Lessor or change any course of action undertaken by Lessor. 

  
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 Section 12.04. Lessee Waiver. Lessee hereby expressly waives, for itself and all
Persons claiming by, through and under Lessee, including creditors of all kinds, (a) any right and privilege which Lessee has under any present or future Legal Requirements to redeem the Property or to have a continuance of this Lease for the
Lease Term after termination of Lessee’s right of occupancy by order or judgment of any court or by any legal process or writ, or under the terms of this Lease; (b) the benefits of any present or future Legal Requirement that exempts
property from liability for debt or for distress for rent; (c) any present or future Legal Requirement relating to notice or delay in levy of execution in case of eviction of a tenant for nonpayment of rent; and (d) any benefits and lien
rights which may arise pursuant to any present or future Legal Requirement. 
 Section 12.05. Proceedings. In any action of
ejectment and/or for Rental, Lessor shall first cause to be filed in such action an affidavit made by it or someone acting for it, setting forth the facts necessary to authorize the entry of judgment, and, if a true copy of this Lease (and of the
truth of the copy such affidavit shall be sufficient evidence) be filed in such action, it shall not be necessary to file the original as a warrant of attorney, any rule of Court, custom or practice to the contrary notwithstanding. 

Section 12.06. Waiver of Notice to Quit. Lessee agrees to give up certain legal rights as provided by the Landlord and Tenant Act
of 1951, as amended, 68 P.S. § 250.101, et seq., including, but not limited to the ten (10) or thirty (30) day notice period which is contained in § 501 thereof, or any other notice period established by applicable
Pennsylvania law. No notice will be required to be given by Lessor to Lessee to leave and give up the Properties. Lessee will be asked to leave the Properties without notice under any of the following conditions: 

(a) Lessee does not leave any Property at the end of the Lease Term. 

(b) Lessee fails, within 10 days of demand, to make all Rental payments and other payments when due. 

ARTICLE XIII 
 MORTGAGE,
SUBORDINATION AND ATTORNMENT 
 Section 13.01. No Liens. Lessor’s interest in this Lease and/or the Property shall not
be subordinate to any liens or encumbrances placed upon the Property by or resulting from any act of Lessee, and nothing herein contained shall be construed to require such subordination by Lessor. NOTICE IS HEREBY GIVEN THAT LESSEE IS NOT
AUTHORIZED TO PLACE OR ALLOW TO BE PLACED ANY LIEN, MORTGAGE, DEED OF TRUST, DEED TO SECURE DEBT, SECURITY INTEREST OR ENCUMBRANCE OF ANY KIND UPON ALL OR ANY PART OF THE PROPERTY OR LESSEE’S LEASEHOLD INTEREST THEREIN, AND ANY SUCH PURPORTED
TRANSACTION SHALL BE VOID. 
 Section 13.02. Subordination. This Lease at all times shall automatically be subordinate to the
lien of any and all ground leases and Mortgages now or hereafter placed upon the Property by Lessor, and Lessee covenants and agrees to execute and deliver, upon demand, such further instruments subordinating this Lease to the lien of any or all
such ground leases and Mortgages as shall be desired by Lessor, or any present or proposed mortgagees under trust deeds, upon the condition that Lessee shall have the right to remain in possession of the Property under the terms of this Lease,
notwithstanding any default in any or all such ground leases or Mortgages, or after the foreclosure of any such Mortgages, so long as no Event of Default shall have occurred and be continuing. Lessor agrees to use its commercially reasonable efforts
to provide Lessee with a SNDA executed by each Lender holding a Mortgage, and Lessee agrees to promptly execute and return such SNDA to Lessor. 

  
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 Section 13.03. Election To Declare Lease Superior. If any mortgagee, receiver or
other secured party elects to have this Lease and the interest of Lessee hereunder, be superior to any Mortgage and evidences such election by notice given to Lessee, then this Lease and the interest of Lessee hereunder shall be deemed superior to
any such Mortgage, whether this Lease was executed before or after such Mortgage and in that event such mortgagee, receiver or other secured party shall have the same rights with respect to this Lease as if it had been executed and delivered prior
to the execution and delivery of such Mortgage and had been assigned to such mortgagee, receiver or other secured party. 

Section 13.04. Attornment. In the event any purchaser or assignee of any Lender at a foreclosure sale acquires title to the
Property, or in the event that any Lender or any purchaser or assignee otherwise succeeds to the rights of Lessor as landlord under this Lease, Lessee shall attorn to Lender or such purchaser or assignee, as the case may be (a “Successor
Lessor”), and recognize the Successor Lessor as lessor under this Lease, and, subject to the provisions of this Article XIII, this Lease shall continue in full force and effect as a direct lease between the Successor Lessor and Lessee,
provided that the Successor Lessor shall only be liable for any obligations of Lessor under this Lease which accrue after the date that such Successor Lessor acquires title. The foregoing provision shall be
self-operative and effective without the execution of any further instruments. 

Section 13.05. Execution of Additional Documents. Although the provisions in this Article XIII shall be self-operative and no future instrument of subordination shall be required, upon request by Lessor, Lessee shall execute and deliver such additional reasonable instruments as may be reasonably required for such
purposes. 
 Section 13.06. Notice to Lender. Lessee shall give written notice to any Lender having a recorded lien upon the
Property or any part thereof of which Lessee has been notified of any breach or default by Lessor of any of its obligations under this Lease and give such Lender at least sixty (60) days beyond any notice period to which Lessor might be
entitled to cure such default before Lessee may exercise any remedy with respect thereto. 
 ARTICLE XIV 

ASSIGNMENT 

Section 14.01. Assignment by Lessor. As a material inducement to Lessor’s willingness to enter into the transactions
contemplated by this Lease (the “Transaction”) and the other Transaction Documents, Lessee hereby agrees that Lessor may, from time to time and at any time and without the consent of Lessee, engage in all or any combination of the
following, or enter into agreements in connection with any of the following or in accordance with requirements that may be imposed by applicable securities, tax or other Laws: (a) the sale, assignment, grant, conveyance, transfer, financing, re-financing, purchase or re-acquisition of all, less than all or any portion of the Property, this Lease or any other Transaction Document, Lessor’s right, title and
interest in this Lease or any other Transaction Document, the servicing rights with respect to any of the foregoing, or participations in any of the foregoing; or (b) a 

  
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Securitization and related transactions. Without in any way limiting the foregoing, the parties acknowledge and agree that Lessor, in its sole discretion, may assign this Lease or any interest
herein to another Person (including without limitation, a taxable REIT subsidiary) in order to maintain Lessor’s or any of its Affiliates’ status as a REIT. In the event of any such sale or assignment other than a security assignment,
Lessee shall attorn to such purchaser or assignee (so long as Lessor and such purchaser or assignee notify Lessee in writing of such transfer and such purchaser or assignee expressly assumes in writing the obligations of Lessor hereunder from and
after the date of such assignment). At the request of Lessor, Lessee will execute such documents confirming the sale, assignment or other transfer and such other agreements as Lessor may reasonably request, provided that the same do not increase the
liabilities and obligations of Lessee hereunder or limit the Lessee’s rights hereunder. Lessor shall be relieved, from and after the date of such transfer or conveyance, of liability for the performance of any obligation of Lessor contained
herein, except for obligations or liabilities accrued prior to such assignment or sale provided such purchaser or assignee assumes in writing all such obligations of Lessor hereunder. 

Section 14.02. No Assignment by Lessee. Lessee acknowledges that Lessor has relied both on the business experience and
creditworthiness of Lessee and upon the particular purposes for which Lessee intends to use the Property in entering into this Lease. Lessee shall not assign, transfer, convey, pledge or mortgage this Lease or any interest herein or any interest in
Lessee, whether by operation of Law or otherwise, without the prior written consent of Lessor which consent shall not be unreasonably withheld. At the time of any assignment of this Lease which is approved by Lessor, the assignee shall assume all of
the obligations of Lessee under this Lease pursuant to a written assumption agreement in form and substance reasonably acceptable to Lessor. Such assignment of this Lease pursuant to this Section 14.02 shall not relieve Lessee of its
obligations respecting this Lease unless otherwise agreed to by Lessor. Any assignment, transfer, conveyance, pledge or mortgage in violation of this Section 14.02 shall be voidable at the sole option of Lessor. Any consent to an assignment
given by Lessor hereunder shall not be deemed a consent to any subsequent assignment. 
 Section 14.03. No Sale of
Assets. Without the prior written consent of Lessor, which consent shall not be unreasonably withheld, Lessee shall not sell all or substantially all of Lessee’s assets. Any sale of Lessee’s assets in violation of this Section 14.03,
shall be voidable at the sole option of Lessor. Any consent to a sale of Lessee’s assets given by Lessor hereunder shall not be deemed a consent to any subsequent sale of Lessee’s assets. 

Section 14.04. No Subletting. Lessee shall not sublet the Property without the prior written consent of Lessor, which consent may
not be unreasonably withheld by Lessor and any such purported subletting without Lessor’s consent shall be void. 
 ARTICLE XV

 NOTICES 

Section 15.01. Notices. All notices, demands, designations, certificates, requests, offers, consents, approvals, appointments and
other instruments given pursuant to this Lease shall be in writing and given by any one of the following: (a) hand delivery; (b) express overnight delivery service; (c) certified or registered mail, return receipt requested; or
(d) email transmission, and shall be deemed to have been delivered upon (i) receipt, if hand delivered; 

  
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(ii) the next Business Day, if delivered by a reputable express overnight delivery service; (iii) the third Business Day following the day of deposit of such notice with the United
States Postal Service, if sent by certified or registered mail, return receipt requested; or (iv) transmission, if delivered by email transmission. Notices shall be provided to the parties and addresses (or electronic mail addresses) specified
below: 
  

					
		 	If to Lessee:	  	 Spectrum Control, Inc.
 c/o Vintage Partners

4705 S. Apopka Vineland Road
 Suite 210

Orlando FL 32819
 Attention: Brian Kahn

Email: bkahn@vintcap.com

			
		 	With a copy to:	  	 Davis Gillett Mottern & Sims LLC
 1230
Peachtree Street, N.E.
 Suite 2445
 Atlanta, GA 30309

Attention: Jerry Sims
 Email:
jlsims@investmentlawgroup.com

			
		 	If to Lessor:	  	 STORE SPE State College 2013-8, LLC
 8501 E.
Princess Drive, Suite 190
 Scottsdale, Arizona 85255
 Attn:
Michael T. Bennett, Executive Vice President
 Email: mbennett@storecapital.com

			
		 	With a copy to:	  	 Kutak Rock LLP
 1801 California Street, Suite
3000
 Denver, Colorado 80202
 Attention: Nathan P. Humphrey,
Esq.
 Email: nathan.humphrey@kutakrock.com


 or to such other address or such other person as either party may from time to time hereafter specify to the other party in a
notice delivered in the manner provided above. 
 ARTICLE XVI 

INTENTIONALLY DELETED 

ARTICLE XVII 

MISCELLANEOUS 

Section 17.01. Force Majeure. Any prevention, delay or stoppage due to strikes, lockouts, acts of God, enemy or hostile
governmental action, civil commotion, fire or other casualty beyond the control of the party obligated to perform (each, a “Force Majeure Event”) shall excuse the performance by such party for a period equal to any such prevention,
delay or stoppage, expressly excluding, however, the obligations imposed upon Lessee with respect to Rental and other Monetary Obligations to be paid hereunder. 

  
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 Section 17.02. No Merger. There shall be no merger of this Lease nor of the leasehold
estate created by this Lease with the fee estate in or ownership of the Property by reason of the fact that the same person, corporation, firm or other entity may acquire or hold or own, directly or indirectly, (a) this Lease or the leasehold
estate created by this Lease or any interest in this Lease or in such leasehold estate, and (b) the fee estate or ownership of the Property or any interest in such fee estate or ownership. No such merger shall occur unless and until all
persons, corporations, firms and other entities having any interest in (i) this Lease or the leasehold estate created by this Lease, and (ii) the fee estate in or ownership of the Property or any part thereof sought to be merged shall join
in a written instrument effecting such merger and shall duly record the same. 
 Section 17.03. Interpretation. Lessor and
Lessee acknowledge and warrant to each other that each has been represented by independent counsel and has executed this Lease after being fully advised by said counsel as to its effect and significance. This Lease shall be interpreted and construed
in a fair and impartial manner without regard to such factors as the party which prepared the instrument, the relative bargaining powers of the parties or the domicile of any party. Whenever in this Lease any words of obligation or duty are used,
such words or expressions shall have the same force and effect as though made in the form of a covenant. 
 Section 17.04.
Characterization. The following expressions of intent, representations, warranties, covenants, agreements, stipulations and waivers are a material inducement to Lessor entering into this Lease: 

(a) Lessor and Lessee intend that (i) this Lease constitutes an unseverable, unitary and single lease of all, but not less
than all, of the Property, and, if at any time this Lease covers other real property in addition to the Property, neither this Lease, nor Lessee’s obligations or rights hereunder may be allocated or otherwise divided among such properties by
Lessee; (ii) this Lease is a “true lease,” is not a financing lease, capital lease, mortgage, equitable mortgage, deed of trust, trust agreement, security agreement or other financing or trust arrangement, and the economic realities
of this Lease are those of a true lease; and (iii) the business relationship created by this Lease and any related documents is solely that of a long-term commercial lease between Lessor and Lessee, the Lease has been entered into by both
parties in reliance upon the economic and legal bargains contained herein, and none of the agreements contained herein is intended, nor shall the same be deemed or construed, to create a partnership (de facto or de jure) between Lessor
and Lessee, to make them joint venturers, to make Lessee an agent, legal representative, partner, subsidiary or employee of Lessor, nor to make Lessor in any way responsible for the debts, obligations or losses of Lessee. 

(b) Lessor and Lessee covenant and agree that: (i) each will treat this Lease as an operating lease pursuant to Statement
of Financial Accounting Standards No. 13, as amended, and as a true lease for state Law reporting purposes and for federal income tax purposes; (ii) each party will not, nor will it permit any Affiliate to, at any time, take any
action or fail to take any action with respect to the preparation or filing of any 

  
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statement or disclosure to Governmental Authority, including without limitation, any income tax return (including an amended income tax return), to the extent that such action or such failure to
take action would be inconsistent with the intention of the parties expressed in this Section 17.04; (iii) with respect to the Property, the Lease Term (including any Extension Term) is less than eighty percent (80%) of the estimated
remaining economic life of the Property; and (iv) the Base Annual Rental is the fair market value for the use of the Property and was agreed to by Lessor and Lessee on that basis, and the execution and delivery of, and the performance by Lessee
of its obligations under, this Lease do not constitute a transfer of all or any part of the Property. 
 (c) Lessee waives
any claim or defense based upon the characterization of this Lease as anything other than a true lease and as a lease of the Property. Lessee stipulates and agrees (i) not to challenge the validity, enforceability or characterization of the
lease of the Property as a true lease and/or as a single, unitary, unseverable instrument pertaining to the lease of all, but not less than all, of the Property; and (ii) not to assert or take or omit to take any action inconsistent with the
agreements and understandings set forth in this Section 17.04. 
 Section 17.05. Disclosures. 

(a) Securities Act or Exchange Act. The parties agree that, notwithstanding any provision contained in this
Lease, any party (and each employee, representative or other agent of any party) may disclose to any and all persons, without limitation of any kind, any matter required under the Securities Act or the Exchange Act. 

(b) Lessor Advertising and related Publications. Lessee hereby consents to the use by Lessor of, and
Lessor is hereby expressly permitted to use, Lessee’s name, trademarks, logos, pictures of stores and signage, and basic Transaction information (collectively “Lessee’s Information”) solely to provide information in
connection with Lessor’s sales, advertising, and press release materials, including on Lessor’s website. Lessee’s consent shall be deemed authorization for the limited use of Lessee’s Information by Lessor under all applicable
copyright and trademark laws. Notwithstanding anything in the foregoing or in Section 17.10 to the contrary, Lessee shall not be required to disclose to Lessor for any such purposes, and Lessor shall not be permitted to disclose to any Person,
any trade secrets or any other confidential or proprietary information of Lessee. 
 Section 17.06. Attorneys’ Fees. In the
event of any judicial or other adversarial proceeding concerning this Lease, to the extent permitted by Law, the prevailing party shall be entitled to recover all of its reasonable attorneys’ fees and other Costs in addition to any other relief
to which it may be entitled. In addition, Lessor shall, upon demand, be entitled to all attorneys’ fees and all other Costs incurred in the preparation and service of any notice or demand given hereunder, in connection with any of Lessee’s
obligations and liabilities, whether or not a legal action is subsequently commenced except that no such recovery shall be permitted if there is a subsequent legal action regarding the subject matter of the notice and Lessee is the prevailing party.


  
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 Section 17.07. Memoranda of Lease. Concurrently with the execution of this Lease,
Lessor and Lessee are executing Lessor’s standard form memorandum of lease in recordable form, indicating the names and addresses of Lessor and Lessee, a description of the Property, the Lease Term, but omitting Rentals and such other terms of
this Lease as Lessor may not desire to disclose to the public. Further, upon Lessor’s request, Lessee agrees to execute and acknowledge a termination of lease and/or quitclaim deed in recordable form to be held by Lessor until the expiration or
sooner termination of the Lease Term; provided, however, if Lessee shall fail or refuse to sign such a document in accordance with the provisions of this Section within ten (10) days following a request by Lessor, Lessee irrevocably
constitutes and appoints Lessor as its attorney-in-fact to execute and record such document, it being stipulated that such power of attorney is coupled with an interest
and is irrevocable and binding. 
 Section 17.08. No Brokerage. Lessor and Lessee represent and warrant to each other that they
have had no conversation or negotiations with any broker concerning the leasing of the Property. Each of Lessor and Lessee agrees to protect, indemnify, save and keep harmless the other, against and from all liabilities, claims, losses, Costs,
damages and expenses, including attorneys’ fees, arising out of, resulting from or in connection with their breach of the foregoing warranty and representation. 

Section 17.09. Waiver of Jury Trial and Certain Damages. LESSOR AND LESSEE HEREBY KNOWINGLY, VOLUNTARILY AND INTENTIONALLY WAIVE
THE RIGHT EITHER MAY HAVE TO A TRIAL BY JURY WITH RESPECT TO ANY AND ALL ISSUES PRESENTED IN ANY ACTION, PROCEEDING, CLAIM OR COUNTERCLAIM BROUGHT BY EITHER OF THE PARTIES HERETO AGAINST THE OTHER OR ITS SUCCESSORS WITH RESPECT TO ANY MATTER ARISING
OUT OF OR IN CONNECTION WITH THIS LEASE, THE RELATIONSHIP OF LESSOR AND LESSEE, LESSEE’S USE OR OCCUPANCY OF THE PROPERTY, AND/OR ANY CLAIM FOR INJURY OR DAMAGE, OR ANY EMERGENCY OR STATUTORY REMEDY. THIS WAIVER BY THE PARTIES HERETO OF ANY
RIGHT EITHER MAY HAVE TO A TRIAL BY JURY HAS BEEN NEGOTIATED AND IS AN ESSENTIAL ASPECT OF THEIR BARGAIN. FURTHERMORE, LESSOR AND LESSEE HEREBY KNOWINGLY, VOLUNTARILY AND INTENTIONALLY WAIVES THE RIGHT IT MAY HAVE TO SEEK PUNITIVE, CONSEQUENTIAL,
SPECIAL AND INDIRECT DAMAGES FROM LESSOR AND ANY OF THE AFFILIATES, OFFICERS, DIRECTORS, MEMBERS, MANAGERS OR EMPLOYEES OF LESSOR OR LESSEE OR ANY OF THEIR SUCCESSORS WITH RESPECT TO ANY AND ALL ISSUES PRESENTED IN ANY ACTION, PROCEEDING, CLAIM OR
COUNTERCLAIM BROUGHT WITH RESPECT TO ANY MATTER ARISING OUT OF OR IN CONNECTION WITH THIS LEASE OR ANY DOCUMENT CONTEMPLATED HEREIN OR RELATED HERETO. THE WAIVER BY LESSOR AND LESSEE OF ANY RIGHT IT MAY HAVE TO SEEK PUNITIVE, CONSEQUENTIAL, SPECIAL
AND INDIRECT DAMAGES HAS BEEN NEGOTIATED BY THE PARTIES HERETO AND IS AN ESSENTIAL ASPECT OF THEIR BARGAIN. 
 Section 17.10.
Securitizations. As a material inducement to Lessor’s willingness to enter into the Transactions contemplated by this Lease and the other Transaction Documents, Lessee hereby acknowledges and agrees that Lessor may, from time to time and at
any time (a) advertise, issue press releases, send direct mail or otherwise disclose information regarding the Transaction for marketing purposes; and (b) (i) act or permit another Person to act as sponsor, settler, transferor or
depositor of, or a holder of interests in, one or more Persons or other arrangements formed pursuant to a trust agreement, indenture, pooling agreement, 

  
 33 








 
participation agreement, sale and servicing agreement, limited liability company agreement, partnership agreement, articles of incorporation or similar agreement or document; and (ii) permit
one or more of such Persons or arrangements to offer and sell stock, certificates, bonds, notes, other evidences of indebtedness or securities that are directly or indirectly secured, collateralized or otherwise backed by or represent a direct or
indirect interest in whole or in part in any of the assets, rights or properties described in Section 14.01 of this Lease, in one or more Persons or arrangements holding such assets, rights or properties, or any of them (collectively, the
“Securities”), whether any such Securities are privately or publicly offered and sold, or rated or unrated (any combination of which actions and transactions described in both clauses (i) and (ii) in this paragraph,
whether proposed or completed, are referred to in this Lease as a “Securitization”). Lessee shall cooperate fully with Lessor and any Affected Party with respect to all reasonable requests and due diligence procedures and use
reasonable efforts to facilitate such Securitization. 
 Section 17.11. State-Specific
Provisions. The provisions and/or remedies which are set forth on the attached Exhibit D shall be deemed a part of and included within the terms and conditions of this Lease. 

Section 17.12. Time Is of the Essence; Computation. Time is of the essence with respect to each and every provision of this Lease.
If any deadline provided herein falls on a non-Business Day, such deadline shall be extended to the next day that is a Business Day. 

Section 17.13. Waiver and Amendment. No provision of this Lease shall be deemed waived or amended except by a written instrument
setting forth the matter waived or amended and signed by the party against which enforcement of such waiver or amendment is sought. Waiver of any matter shall not be deemed a waiver of the same or any other matter on any future occasion. No
acceptance by Lessor of an amount less than the Rental and other Monetary Obligations stipulated to be due under this Lease shall be deemed to be other than a payment on account of the earliest such Rental or other Monetary Obligations then due or
in arrears nor shall any endorsement or statement on any check or letter accompanying any such payment be deemed a waiver of Lessor’s right to collect any unpaid amounts or an accord and satisfaction. 

Section 17.14. Successors Bound. Except as otherwise specifically provided herein, the terms, covenants and conditions contained
in this Lease shall bind and inure to the benefit of the respective heirs, successors, executors, administrators and assigns of each of the parties hereto. 

Section 17.15. Captions. Captions are used throughout this Lease for convenience of reference only and shall not be considered in
any manner in the construction or interpretation hereof. 
 Section 17.16. Other Documents. Each of the parties agrees to sign
such other and further documents as may be necessary or appropriate to carry out the intentions expressed in this Lease. 

Section 17.17. Entire Agreement. This Lease and any other instruments or agreements referred to herein, constitute the entire
agreement between the parties with respect to the subject matter hereof, and there are no other representations, warranties or agreements except as herein provided. 

  
 34 








 Section 17.18. Forum Selection; Jurisdiction; Venue; Choice of Law. For purposes of
any action or proceeding arising out of this Lease, the parties hereto expressly submit to the jurisdiction of all federal and state courts located in Maricopa County, in the State of Arizona. Lessee and Lessor consents to service with any process
or paper by registered mail or by personal service within or without the State of Arizona in accordance with applicable Law. Furthermore, Lessee and Lessor waive and agree not to assert in any such action, suit or proceeding that it is not
personally subject to the jurisdiction of such courts, that the action, suit or proceeding is brought in an inconvenient forum or that venue of the action, suit or proceeding is improper. Nothing contained in this Section shall limit or
restrict the right of Lessor to commence any proceeding in the federal or state courts located in the state where the Property is located to the extent Lessor deems such proceeding necessary or advisable to exercise remedies available under this
Lease. This Lease shall be governed by, and construed with, the Laws of the applicable state in which the Property is located, without giving effect to any state’s conflict of Laws principles. 

Section 17.19. Counterparts. This Lease may be executed in one or more counterparts, each of which shall be deemed an original.

 [Remainder of page intentionally left blank; signature page(s) to follow] 

  
 35 








 IN WITNESS WHEREOF, Lessor and Lessee have entered into this Lease as of the date first above
written. 
  

			
	 LESSOR:
  

STORE SPE STATE COLLEGE 2013-8, LLC,
 a Delaware limited
liability company

		
	 By:
	 	/s/ Michael J. Zieg


  

			
	 Printed Name:
	 	Michael J. Zieg


  

			
	 Title:
	 	Executive Vice President









 IN WITNESS WHEREOF, Lessor and Lessee have entered into this Lease as of the date first above
written. 
  

			
	 LESSEE:
  

SPECTRUM CONTROL, INC., a Pennsylvania corporation

		
	 By:
	 	/s/ Bel W. Lazar


  

			
	 Printed Name:
	 	Bel W. Lazar


  

			
	 Title:
	 	Vice President, Secretary and Treasurer









 EXHIBITS 
  

			
		
	Exhibit A:	  	Defined Terms
		
	Exhibit B:	  	Legal Descriptions and Street Addresses of Property
		
	Exhibit C:	  	Authorization Agreement – Pre-Arranged Payments
		
	Exhibit D:	  	State-Specific Provisions
		
	Exhibit E:	  	Property Repairs
		
	Schedule 9.03	  	Supplemental Financial Information








 EXHIBIT A 

DEFINED TERMS 
 The
following terms shall have the following meanings for all purposes of this Lease: 
 “Additional Rental” has the meaning
set forth in Section 4.03. 
 “Adjustment Date” has the meaning set forth in Section 1.07. 

“Affected Party” means each direct or indirect participant or investor in a proposed or completed Securitization, including,
without limitation, any prospective owner, any rating agency or any party to any agreement executed in connection with the Securitization. 

“Affiliate” means any Person which directly or indirectly controls, is under common control with or is controlled by any
other Person. For purposes of this definition, “controls,” “under common control with,” and “controlled by” means the possession, directly or indirectly, of the power to direct or cause the direction of the management
and policies of such Person, whether through the ownership of voting securities or otherwise. 

“Anti-Money Laundering Laws” means all applicable Laws, regulations and government
guidance on the prevention and detection of money laundering, including, without limitation, (a) 18 U.S.C. §§ 1956 and 1957; and (b) the Bank Secrecy Act, 31 U.S.C. §§ 5311 et seq., and its implementing
regulations, 31 CFR Part 103. 
 “Base Annual Rental” means One Million Two Hundred Eighty Seven Thousand Seven
Hundred Twenty Five and 00/100 dollars ($1,287,725.00), as adjusted pursuant to Section 4.02 hereof. 
 “Base Monthly
Rental” means an amount equal to 1/12 of the applicable Base Annual Rental. 
 “Business Day” means a day on which
banks located in Scottsdale, Arizona are not required or authorized to remain closed. 
 “Casualty” means any loss of or
damage to any property included within or related to the Property or arising from an adjoining property caused by an Act of God, fire, flood or other catastrophe. 

“Code” means the Internal Revenue Code of 1986, as the same may be amended from time to time. 

“Condemnation” means a Taking and/or a Requisition. 

“Costs” means all reasonable costs and expenses incurred by a Person, including, without limitation, reasonable
attorneys’ fees and expenses, court costs, expert witness fees, costs of tests and analyses, travel and accommodation expenses, deposition and trial transcripts, copies and other similar costs and fees, brokerage fees, escrow fees, title
insurance premiums, appraisal fees, stamp taxes, recording fees and transfer taxes or fees, as the circumstances require. 

  
 A-1 








 “Default Rate” means 12% per annum or the highest rate permitted by Law,
whichever is less. 
 “Effective Date” has the meaning set forth in the introductory paragraph of this Lease. 

“Environmental Disclosures” means all environmental reports related to the Property (including without limitation, Phase I
and Phase II environmental investigation report and any governmental correspondence related to environmental matters) delivered by Lessee to Lessor or obtained or procured by Lessor prior to the execution of this Lease. 

“Environmental Insurer” means such environmental insurance company as Lessor shall approve in its sole discretion. 

“Environmental Insurance Policy” means a pollution legal liability insurance policy issued by Environmental Insurer to Lessor
and Lessor’s lender with respect to the Property, which Environmental Insurance Policy shall be in form and substance satisfactory to Lessor in its sole discretion and shall be in amounts of not less than $5,000,000.00 per occurrence and
$5,000,000.00 annual aggregate for losses caused by known and unknown pollution conditions that arise from the operations of the tenant, their contractors, or their sub-contractors, with coverage to include: (a) bodily injury, sickness,
disease, mental anguish or shock sustained by any person, or death, (b) property damage, including physical injury to or destruction or tangible property, including the resulting loss of use thereof, (c) clean-up costs and the loss of use
of tangible property that has not been physically damaged or destroyed, and (d) defense, including costs, charges and expenses incurred in the investigation, adjustment or defense of claims for damages. In the event circumstances on the
Properties require modification to the policy or require additional coverage, such additional or modified coverage shall be in form and substance reasonably satisfactory to Lessor in its sole discretion. 

“Environmental Laws” means federal, state and local Laws, ordinances, common law requirements and regulations and standards,
rules, policies and other governmental requirements, administrative rulings and court judgments and decrees having the effect of Law in effect now or in the future and including all amendments, that relate to Hazardous Materials, Regulated
Substances, USTs, and/or the protection of human health or the environment, or relating to liability for or Costs of Remediation or prevention of Releases, and apply to Lessee and/or the Property. 

“Environmental Liens” has the meaning set forth in Section 8.04(a)(ii). 

“Event of Default” has the meaning set forth in Section 12.01. 

“Exchange Act” means the Securities Exchange Act of 1934, as amended. 

“Existing Environmental Insurance Policy” means that certain Pollution Legal Liability Select Clean-Up Cost Cap Insurance
Policy dated as of December 30, 2005 by American International Specialty Lines Insurance Company for the benefit of Lessee; Policy No. 7783915. 

  
 A-2 








 “Expiration Date” has the meaning set forth in Section 3.01. 

“Extension Option” has the meaning set forth in Section 3.02. 

“Extension Term” has the meaning set forth in Section 3.02. 

“Force Majeure Event” has the meaning set forth in Section 17.01. 

“GAAP” means generally accepted accounting principles, consistently applied from period to period. 

“Good Cause” means a reasonable belief that a Release may have occurred with respect to the Property or there are Hazardous
Materials on the Property in violation of Environmental Laws. 
 “Governmental Authority” means any governmental authority,
agency, department, commission, bureau, board, instrumentality, court or quasi-governmental authority of the United States, any state or any political subdivision thereof with authority to adopt, modify,
amend, interpret, give effect to or enforce any federal, state and local Laws, statutes, ordinances, rules or regulations, including common law, or to issue court orders. 

“Guarantor” means API Technologies Corp., a Delaware corporation, or any additional or replacement guarantor(s) approved by
Lessor in its sole and absolute discretion. 
 “Guaranty” means that certain Unconditional Guaranty of Payment and
Performance dated as of the date hereof given by Guarantor for the benefit of Lessor, as the same may be amended from time to time. 

“Hazardous Materials” includes: (a) oil, petroleum products, flammable substances, explosives, radioactive materials,
hazardous wastes or substances, toxic wastes or substances or any other materials, contaminants or pollutants, the presence of which causes the Property to be in violation of any local, state or federal Law or regulation, (including without
limitation, any Environmental Law), or are defined as or included in the definition of “hazardous substances,” “hazardous wastes,” “hazardous materials,” “toxic substances,” “contaminants,”
“pollutants,” or words of similar import under any applicable local, state or federal Law or under the regulations adopted, orders issued, or publications promulgated pursuant thereto, including, but not limited to: (i) the
Comprehensive Environmental Response, Compensation and Liability Act of 1980, as amended, 42 U.S.C. § 9601, et seq.; (ii) the Hazardous Materials Transportation Act, as amended, 49 U.S.C. § 5101, et seq.;
(iii) the Resource Conservation and Recovery Act, as amended, 42 U.S.C. § 6901, et seq.; and (iv) regulations adopted and publications promulgated pursuant to the aforesaid Laws; (b) asbestos in any form which is
friable, urea formaldehyde foam insulation, transformers or other equipment which contain dielectric fluid containing levels of polychlorinated biphenyls in excess of fifty (50) parts per million; (c) underground storage tanks; and
(d) any other chemical, material or substance, exposure to which is prohibited, limited or regulated by any Governmental Authority. 

“Indemnified Parties” means Lessor and its members, managers, officers, directors, shareholders, partners, employees, agents,
servants, representatives, contractors, subcontractors, affiliates, subsidiaries, participants, successors and assigns, including, but not limited to, any successors by merger, consolidation or acquisition of all or a substantial portion of the
assets and business of Lessor. 

  
 A-3 








 “Initial Term” has the meaning set forth in Section 3.01. 

“Insolvency Event” means (a) a Person’s (i) failure to generally pay its debts as such debts become due;
(ii) admitting in writing its inability to pay its debts generally; or (iii) making a general assignment for the benefit of creditors; (b) any proceeding being instituted by or against any Person (i) seeking to adjudicate it
bankrupt or insolvent; (ii) seeking liquidation, dissolution, winding up, reorganization, arrangement, adjustment, protection, relief, or composition of it or its debts under any Law relating to bankruptcy, insolvency, or reorganization or
relief of debtors; or (iii) seeking the entry of an order for relief or the appointment of a receiver, trustee, or other similar official for it or for any substantial part of its property, and in the case of any such proceeding instituted
against any Person, either such proceeding shall remain undismissed for a period of one hundred twenty (120) days or any of the actions sought in such proceeding shall occur; or (c) any Person taking any corporate action to authorize any
of the actions set forth above in this definition. 
 “Insurance Premiums” shall have the meaning in Section 6.04.

 “Law(s)” means any constitution, statute, rule of law, code, ordinance, order, judgment, decree, injunction, rule,
regulation, policy, requirement or administrative or judicial determination, even if unforeseen or extraordinary, of every duly constituted Governmental Authority, court or agency, now or hereafter enacted or in effect. 

“Lease Rate” means a percentage equal to (a) the then-current Base Annual Rental, divided by (b) the aggregate
purchase price of the Property paid by Lessor (or Lessor’s predecessor-in-interest). 
 “Lease Term” shall have the
meaning described in Section 3.01. 
 “Legal Requirements” means the requirements of all present and future Laws
(including, without limitation, Environmental Laws and Laws relating to accessibility to, usability by, and discrimination against, disabled individuals), all judicial and administrative interpretations thereof, including any judicial order,
consent, decree or judgment, and all covenants, restrictions and conditions now or hereafter of record which may be applicable to Lessee or to the Property, or to the use, manner of use, occupancy, possession, operation, maintenance, alteration,
repair or restoration of the Property, even if compliance therewith necessitates structural changes or improvements or results in interference with the use or enjoyment of the Property. 

“Lender” means any lender in connection with any loan secured by Lessor’s interest in the Property, and any servicer of
any loan secured by Lessor’s interest in the Property. 
 “Lessee Entity” or “Lessee Entities” means
individually or collectively, as the context may require, Lessee, Guarantor and all Affiliates thereof. 
 “Lessee Reporting
Entities” means individually or collectively, as the context may require, Lessee and Guarantor. 

  
 A-4 








 “Lessor Entity” or “Lessor Entities” means individually or
collectively, as the context may require, Lessor and all Affiliates of Lessor. 
 “Losses” means any and all claims, suits,
liabilities (including, without limitation, strict liabilities), actions, proceedings, obligations, debts, damages, losses, Costs, diminutions in value, fines, penalties, interest, charges, fees, judgments, awards, amounts paid in settlement and
damages of whatever kind or nature, inclusive of bodily injury and property damage to third parties (including, without limitation, attorneys’ fees and other Costs of defense). 

“Material Adverse Effect” means a material adverse effect on (a) the Property, including without limitation, the
operation of the Property as a Permitted Facility and/or the value of the Property; (b) the contemplated business, condition, worth or operations of any Lessee Entity; (c) Lessee’s ability to perform its obligations under this Lease;
(d) Lessor’s interests in the Property, this Lease or the other Transaction Documents; or (e) Guarantor’s ability to perform its obligations under the Guaranty. 

“Monetary Obligations” means all Rental and all other sums payable or reimbursable by Lessee under this Lease to Lessor, to
any third party on behalf of Lessor, or to any Indemnified Party. 
 “Mortgages” means, collectively, the mortgages, deeds
of trust or deeds to secure debt, assignments of rents and leases, security agreements and fixture filings executed by Lessor for the benefit of Lender with respect to the Property, as such instruments may be amended, modified, restated or
supplemented from time to time and any and all replacements or substitutions. 
 “Net Award” means (a) the entire
award payable with respect to a Property by reason of a Condemnation whether pursuant to a judgment or by agreement or otherwise; or (b) the entire proceeds of any insurance required under Section 6.03 payable with respect to a Property,
as the case may be, and in either case, less any Costs incurred by Lessor in collecting such award or proceeds. 
 “OFAC
Laws” means Executive Order 13224 issued by the President of the United States, and all regulations promulgated thereunder, including, without limitation, the Terrorism Sanctions Regulations (31 CFR Part 595), the Terrorism List Governments
Sanctions Regulations (31 CFR Part 596), the Foreign Terrorist Organizations Sanctions Regulations (31 CFR Part 597), and the Cuban Assets Control Regulations (31 CFR Part 515), and all other present and future federal, state and local Laws,
ordinances, regulations, policies, lists (including, without limitation, the Specially Designated Nationals and Blocked Persons List) and any other requirements of any Governmental Authority (including without limitation, the U.S. Department of the
Treasury Office of Foreign Assets Control) addressing, relating to, or attempting to eliminate, terrorist acts and acts of war, each as supplemented, amended or modified from time to time after the Effective Date, and the present and future rules,
regulations and guidance documents promulgated under any of the foregoing, or under similar Laws, ordinances, regulations, policies or requirements of other states or localities. 

“Other Agreements” means, collectively, all agreements and instruments now or hereafter entered into between, among or by
(a) any of the Lessee Entities; and, or for the benefit of, (b) any of the Lessor Entities, including, without limitation, leases, promissory notes and guaranties, but excluding this Lease and all other Transaction Documents. 

  
 A-5 








 “Partial Condemnation” has the meaning set forth in Section 11.03. 

“Permitted Amounts” shall mean, with respect to any given level of Hazardous Materials or Regulated Substances, that level or
quantity of Hazardous Materials or Regulated Substances in any form or combination of forms which does not constitute a violation of any Environmental Laws and is customarily employed in, or associated with, similar businesses located in the state
where the Property is located. 
 “Permitted Facility” means a manufacturing facility for systems, subsystems, radio
frequency and secure communications products, all related purposes such as ingress, egress and parking, and uses incidental thereto. 

“Person” means any individual, partnership, corporation, limited liability company, trust, unincorporated organization,
Governmental Authority or any other form of entity. 
 “Price Index” means the Consumer Price Index which is designated for
the applicable month of determination as the United States City Average for All Urban Consumers, All Items, Not Seasonally Adjusted, with a base period equaling 100 in 1982 - 1984, as published by the United
States Department of Labor’s Bureau of Labor Statistics or any successor agency. In the event that the Price Index ceases to be published, its successor index measuring cost of living as published by the same Governmental Authority which
published the Price Index shall be substituted and any necessary reasonable adjustments shall be made by Lessor and Lessee in order to carry out the intent of Section 4.02. In the event there is no successor index measuring cost of living,
Lessor shall reasonably select an alternative price index measuring cost of living that will constitute a reasonable substitute for the Price Index. 

“Property” means the parcel of real estate legally described on Exhibit B attached hereto, all rights, privileges, and
appurtenances associated therewith, and all buildings, fixtures and other improvements now or hereafter located on such real estate (whether or not affixed to such real estate). 

“Real Estate Taxes” has the meaning set forth in Section 6.04. 

“Regulated Substances” means “petroleum” and “petroleum-based
substances” or any similar terms described or defined in any of the Environmental Laws and any applicable federal, state, county or local Laws applicable to or regulating USTs. 

“REIT” means a real estate investment trust as defined under Section 856 of the Code. 

“Release” means any presence, release, deposit, discharge, emission, leaking, spilling, seeping, migrating, injecting,
pumping, pouring, emptying, escaping, dumping, disposing or other movement of Hazardous Materials, Regulated Substances or USTs or any Threatened Release. 

  
 A-6 








 “Remediation” means any response, remedial, removal, or corrective action, any
activity to cleanup, detoxify, decontaminate, contain or otherwise remediate any Hazardous Materials, Regulated Substances or USTs, any actions to prevent, cure or mitigate any Release, any action to comply with any Environmental Laws or with any
permits issued pursuant thereto, any inspection, investigation, study, monitoring, assessment, audit, sampling and testing, laboratory or other analysis, or any evaluation relating to any Hazardous Materials, Regulated Substances or USTs. 

“Rental” means, collectively, the Base Annual Rental and the Additional Rental. 

“Rental Adjustment” means an amount equal to the lesser of (a) two percent (2%) of the Base Annual Rental in effect
immediately prior to the applicable Adjustment Date, or (b) 1.25 multiplied by the product of (i) the percentage change between the Price Index for the month which is two months prior to the Effective Date or the Price Index used for the
immediately preceding Adjustment Date, as applicable, and the Price Index for the month which is two months prior to the applicable Adjustment Date; and (ii) the then current Base Annual Rental. 

“Requisition” means any temporary requisition or confiscation of the use or occupancy of the Property by any Governmental
Authority, civil or military, whether pursuant to an agreement with such Governmental Authority in settlement of or under threat of any such requisition or confiscation, or otherwise. 

“Reserve” shall have the meaning in Section 6.04. 

“Securities” has the meaning set forth in Section 17.10. 

“Securities Act” means of the Securities Act of 1933, as amended. 

“Securitization” has the meaning set forth in Section 17.10. 

“SNDA” means a subordination, nondisturbance and attornment agreement. 

“Successor Lessor” has the meaning set forth in Section 13.04. 

“Taking” means (a) any taking or damaging of all or a portion of the Property (i) in or by condemnation or other
eminent domain proceedings pursuant to any Law, general or special; (ii) by reason of any agreement with any condemnor in settlement of or under threat of any such condemnation or other eminent domain proceeding; or (iii) by any other
means; or (b) any de facto condemnation. The Taking shall be considered to have taken place as of the later of the date actual physical possession is taken by the condemnor, or the date on which the right to compensation and damages accrues
under the Law applicable to the Property. 
 “Temporary Taking” has the meaning set forth in Section 11.04. 

“Threatened Release” means a substantial likelihood of a Release which requires action to prevent or mitigate damage to the
soil, surface waters, groundwaters, land, stream sediments, surface or subsurface strata, ambient air or any other environmental medium comprising or surrounding the Property which may result from such Release. 

“Total Condemnation” has the meaning set forth in Section 11.02. 

“Transaction” has the meaning set forth in Section 14.01. 

  
 A-7 








 “Transaction Documents” means this Lease and all documents related thereto. 

“U.S. Publicly Traded Entity” means an entity whose securities are listed on a national securities exchange or quoted on an
automated quotation system in the United States or a wholly-owned subsidiary of such an entity. 

“USTs” means any one or combination of tanks and associated product piping systems used in connection with storage,
dispensing and general use of Regulated Substances. 

  
 A-8 








 EXHIBIT B 

LEGAL DESCRIPTION AND 

STREET ADDRESS OF THE PROPERTY 
 Street
Address: 
  

							
	 Address
	  	 City
	  	 State
	  	 Zip

	1900 W. College Ave.	  	State College	  	PA	  	16801

 Legal Description: 
 Tract
No. 1 
 All that certain tract of land situate in Ferguson Township, Centre County, Pennsylvania, being described as follows: 

BEGINNING at a point in the Southeasterly corner of a proposed addition to Erie Technological Products, Inc., said point being North 36 degrees 42 minutes 30
seconds East 25.00 feet and North 53 degrees 17 minutes 30 seconds East 117.00 feet from the northerly corner of the existing Erie Technological Products, Inc. building; thence South 53 degrees 17 minutes 30 seconds West 375.00 feet to a point;
thence North 36 degrees 42 minutes 30 seconds West 140.00 feet to a point: thence South 53 degrees 17 minutes 30 seconds West 239.00 feet to a point; thence North 36 degrees 42 minutes 30 seconds West 60.00 feet to a point; thence North 53 degrees
17 minutes 30 seconds East 239.00 feet to a point; thence South 36 degrees 42 minutes 30 seconds East 40.00 feet to a point; thence North 53 degrees 17 minutes 30 seconds East 375.00 feet to a point; thence South 36 degrees 42 minutes 30 seconds
East 160.00 feet to a point, being the place of BEGINNING. 
 CONTAINING 74,340 square feet, being 1.71 acres. 

Together with the right of ingress, egress and regress to the subject premises over other lands now or formerly owned by Erie Technological Products, Inc.,
from the subject premises to Pennsylvania Legislative Route 26. 
 UNDER AND SUBJECT, NEVERTHELESS, to all existing easements and covenants of record. 

Tract. No. 2 
 ALL that certain messuage, tenement and tract
of land situate in the Township of Ferguson, County of Centre and State of Pennsylvania, bounded and described as follows, to wit: 
 BEGINNING at a stone
on corner of lands now or late of Benjamin Corl and the heirs of Samuel Corl; thence along lands now or late of Thomas Strouse and Martin Brungard, South 31 1/4 degrees East 257.5 perches to the corner of School House lot; thence along said School
House lot and Church lot, South 56 1/4 degrees West 14.7 perches to a post; thence along said Church lot South 31 1/4 degrees East 10.5 perches to Public Road; thence along said Road North 56 1/4 degrees East 14.7 perches to post; thence South 31
1/4 degrees East 171.6 perches to a post; thence along lands now or late of Amos Boyer and David Krepps, deceased, South 56 1/2 degrees West 114.4 perches to stones; thence along lands now or late of David Krepps and J. C. Krumrine North 31 1/4
degrees West 130 perches to stone; thence along lands now or late of J. C. Krumrine South 58 3/4 degrees West 105.4 perches to stones; 

  
 B-1 








 
thence along lands now or late of Joseph Hoy North 31 1/4 West, 32 perches to stones; thence along lands now or late of Charles Snyder North 58 1/4 degrees East 105.4 perches to stone; thence
along Grange and Church lots, North 56 1/4 degrees East 10.8 perches to post; thence along same North 31 1/4 degrees West 9 perches to Public Road; thence along said Public Road South 56 1/4 degrees West 10.8 perches to post; thence along lands now
or late of Charles Snyder North 31 1/4 degrees West 254.2 perches to stones; thence along lands now or late of Peter Lauck North 58 1/4 degrees 51.6 perches to lands now or late of Benjamin Corl; thence along said lands South 31 1/4 degrees East 14
perches to stones; thence along lands of same North 32 1/4 degrees East, 71.8 perches to place of BEGINNING. CONTAINING 323 acres and 41 perches be the same more or less. 

EXCEPTING AND RESERVING out of and from the above described premises 8.88 acres of land sold by Catharine Johnson, during her lifetime to Joseph Hoy, Sr., as
will appear by reference to deed therefor recorded in Deed Book Vol. 83, Page 241. 
 ALSO EXCEPTING AND RESERVING, nevertheless, out of and from the above
described tract or parcel of ground containing 232 acres and 41 perches (which is in addition to the above reservation of 8.88 acres previously sold to Joseph Hoy, Sr.), 60.2 acres of land more fully described as follows, to-wit: 

BEGINNING at a stake; thence along lands now or late of James Markle, North 58 degrees 31 minutes East 1875.2 feet to post; thence along lands now or late of
O. A. Johnson, South 29 degrees 32 minutes East 1394.5 feet to post; thence along lands now or late of Frank Homan and O. A. Johnson, South 58 degrees 32 minutes West 1887.6 feet to stone; thence along other lands now or late of O. A. Johnson, North
29 degrees West 1396 feet to stake, the place of BEGINNING. CONTAINING 60.2 acres, as above referred to. 
 ALSO EXCEPTING AND RESERVING from the above
described premises, the following premises conveyed by James J. Markle and Margaret T. Markle, his wife, as follows: 
 a. Deed dated May 22, 1923,
recorded in Centre County Deed Book Vol. 129, Page 451, conveying 9  1⁄2 acres to John L. Holmes. 

b. Deed dated May 22, 1923, recorded in Centre County Deed Book Vol. 129, Page 675, conveying 17  3⁄4 acres to Luther Strouse. 
 c. Deed dated March 30, 1925, recorded in Centre County Deed Book Vol. 133, Page 406,
conveying 3 acres to Pine Hall Cemetery Association. 
 d. Deed dated May 10, 1928, conveying a Lot 57 feet by 132 feet to Lester Corl. 

e. Deed dated October 26, 1929, recorded in Centre County Deed Book Vol. 141, Page 551, conveying 2.85 acres to Bellefonte Central Railroad. 

f. Deed dated February 4, 1931, recorded in Centre County Deed Book Vol. 146, Page 614, conveying a Lot 200 feet by 80 feet to John A. Trostle. 

g. Deed dated June 23, 1947, recorded in Centre County Deed Book Vol. 196, Page 295, conveying a Lot 200 feet by 100 feet to J. Fred Markle. 

h. Deed dated January 29, 1948, recorded in Centre County Deed Book Vol. 200, at Page 301, conveying a lot measuring 10,000 square feet to Richard T.
Markle. 
 i. Deed dated July 14, 1947, recorded in Centre County Deed Book Vol. 210, Page 144, conveying two tracts, one 3,876 square feet, measuring
68 feet by 57 feet and the other 11,400 square feet, measuring 57 feet by 200 feet to J. Albert McAllister. 

  
 B-2 








 j. Deed dated May     , 1951, recorded May 25, 1951 in Centre County Deed Book Vol. 211,
conveying land adjacent to American Legion Park to Post 245, Inc. 
 k. Deed dated August 11, 1955, recorded in Centre County Deed Book Vol. 231, Page
48, conveying a lot to Richard T. Markle. 
 EXCEPTING AND RESERVING ALSO an easement to Bell Telephone Company of Pennsylvania, dated September 16,
1948, and recorded in Centre County Miscellaneous Book Vol. 38, Page 545. 
 ALSO EXCEPTED AND RESERVED FROM THE ABOVE the following two tracts of land.

 A. All of that triangular tract of land not previously conveyed by the grantors, which lies between the present P. D. H. Route No. 45 and the
Township Road which formerly was the main highway between State College and Pine Grove Mills. 
 B. A tract of land lying northerly of P. D. H. Route
No. 45 and extending in a northerly direction to a fence line which is approximately 216 1/2 feet, more or less, North of said highway right of way, the said tract of land being bounded on the easterly side by the Pine Hall Lutheran Church and
on the westerly side by the land adjoining the farmhouse on the easterly side thereof; provided, however, that the grantors herein agree to give to me grantees an easement of 40 feet in width and extending from P. D. H. Route No. 45 to lands
lying northerly of the lands herein reserved by the grantors, the said right of way to be mutually agreed upon as to its location between the grantors and grantee herein at a later date. 

The above described property, Tract No. 1 and Tract No. 2, were consolidated by plat recorded in Plat Book 44 at Page 12 for which no deed was
recorded. 
 Tract No. 2 as described above is also shown and depicted as all that certain tract of land situated in Ferguson Township, Centre County,
PA, being the Murata Erie Site, as shown on a plan entitled, “Murata Erie Site; ALTA/ACSM Land Title Survey of Tax Parcel 24-4-22” dated December 22, 2005, by PennTerra Engineering, Inc., State College, PA, being bounded and described
as follows: Beginning at an iron pin, lying in a southerly R/W line of State Route 0026, West College Avenue (Variable R/W), and being a westerly comer of lands owned now or formerly by Evangelical Lutheran Church (Tax Parcel 24-1B-1; D.B. 272, Page
35); thence, along said lands and lands owned now or formerly by John H. & Carol Imbt Cooper (Tax Parcel 24-1 B-2; R.B. 511, Page 773) S31°28’43”E 707.98 feet to an iron pin being a southerly comer of the Cooper lands and a
westerly corner of lands owned now or formerly by the Township of Ferguson (Tax Parcel 24-455-50B, R.B. 1198, Page 908); thence, along the Township of Ferguson lands S31°23’00”E 689.18 feet to an iron pin being a southerly corner of
said lands and a northerly corner of lands owned now or formerly by Johnson Farm Associates (Tax Parcel 24-455-50; R.B.791, Page 894): thence, along the Johnson Farm Associates lands S56°44’06”W 1,880.05 feet to an iron pin being a
westerly corner of said lands and lying in an easterly line of lands owned now or formerly by R. Michael & Beth A. Hulet, (Tax Parcel 24-1A-66; R.B. 698, Page 442); thence, along the Hulet lands and lands owned now or formerly by Theodore
R. & Chistie Jean Alter (Tax Parcel 24-1A-63; D.B. 369, Page 170), Wayne A., Jr. & Sharon K. Stump (Tax Parcel 24-1A-61; D.B. 362, Page 596), Ronald C. & Mary Ann Weakland (Tax Parcel 24-1A-67; D.B., 273, Page 280),
Darlene McTavish (Tax Parcel 24-1A-68; D.B. 378, Page 964), and Carl R. Temple (Tax Parcel 24-1A-60; R.B. 931, Page 852) N31°18’31”W 725.29 feet to an iron pin, being a northerly corner of the Temple lands and lying in a southerly R/W
line of State Route 0025, West College Avenue (Variable R/W); thence, along said R/W N46°18’20”E 42.98 feet to an iron pin; thence, continuing along said R/W, along a curve to the right having a chord bearing of
N20°34’18”E, a chord distance of 556.15 feet, a radius of 2,379.00 feet, and an arc length of 557.43 feet to an iron pin; thence, continuing along said R/W N62°42’57”W 10.00 feet to an iron pin; thence, continuing along
said R/W along a curve to the right having a chord bearing of N42°27’38”E, a chord distance of 1,250.82 feet, a radius of 2,389.00 feet, and an arc length of 1,265.57 feet to an iron pin; thence, continuing along said R/W
N32°21’48”W 25.00 feet to an iron pin; thence, continuing along said 

  
 B-3 








 
R/W along a curve to the right having a chord bearing of N58°10’16”E, a chord distance of 45.03 feet, a radius of 2,414.00 feet, and an arc length of 45.03 feet to an iron pin;
thence, continuing along said R/W N58°42’20”E 156.12 feet to an iron pin, being the place of beginning. 
 BEING Tax Parcel
No. 24-004-022-0000. 
 BEING the same premises which Murata Electronics North America, Inc., a Texas corportion by Deed dated 12/23/2005 and recorded
12/30/2005 in the County of Centre in Record Book 1912 Page 753, granted and conveyed unto Spectrum Control, Inc., a Pennsylvania corporation, in fee. 

  
 B-4 








 EXHIBIT C 

FORM OF 
 AUTHORIZATION
AGREEMENT – PRE-ARRANGED PAYMENTS 
 Reference Number
                 
 I (We) (Tenant) authorize
[                    ], (Servicer) to initiate entries identified below as required. Tenant further authorizes the bank below to post such entries to
the identified checking account beginning with the payment draft date of     /    /        . A minimum of thirty (30) days advance notice is required to 

process first payment by ACH. 
 Bank Name
                                         
                                         
       Branch
                                         
                                         
   

City                         
                                         
        State
                                         
                        Zip
                             

 

					
	 	 		  	 
	***Transit - ABA	 		  	Account Number Information

 ACCOUNT TYPE*** Please specify checking or savings account (C/S)
             
 PLEASE FILL IN BANK INFORMATION CAREFULLY

 ATTACH VOIDED CHECK FOR ACCOUNT VERIFICATION 

Automatic debits will be made on the payment due date established by the relevant lease documents, or the next subsequent business day if such
date is not a business day. This authority may be terminated upon thirty days prior written notification from the Tenant to the servicer. Tenant has the right to stop payment of any entry by notification to the bank prior to the scheduled debit
date. If an erroneous entry is initiated by the servicer to the Tenant’s account, Tenant shall have the right to have the amount of such entry reversed by the bank. To initiate a reversal, the Tenant must notify the bank in writing that an
error has occurred and request a reversal. Such notice must be within 15 calendar days after the Tenant receives the statement of account or other written notice from the bank identifying the error. Tenant hereby authorizes the servicer to impose a
$60.00 returned item processing fee, subject to change, via ACH debit against the above-referenced account of the Tenant if a non sufficient funds or stop payment item is charged against the servicer’s account. 

 

									
					
	Tenant	 		 		 	Tax Identification	 	

  

									
	Name(s)	 	 	 	Number	 		 	 

  

							
	
Date                       
          
	 		 		 	
		
	Print Authorized Name 	 	  

		
	Authorized Signature 	 	  

		
	Print Authorized Name 	 	  

		
	Authorized Signature 	 	  

				
	Contact Phone Number	 	  
	 	Fax Number 	 	  

		
	Email Address: 	 	  


  

			
	Return Original to:	  	[                              ]
		  	Attn: [                    ]
		  	[                             ]
		  	[                             ]
		  	Fax Number: [                    ]


  
 C-1 








 EXHIBIT D 

STATE-SPECIFIC PROVISIONS 

No additional provisions. 

  
 D-1 








 EXHIBIT E 

PROPERTY REPAIRS 
  

	1.	Cut & patch deteriorated asphalt pavement areas 

  

	2.	Repair of active leaks (North, Old Plant, and East Wing roofs) 

  

	3.	Provide cabinet of spare sprinkler heads and wrench in sprinkler room 

  

	4.	Engage fire protection vendor to inspect and test alarm system and determine underlying cause of issues 

 As
such matters are further described in that certain Property Condition Assessment dated December 26, 2013 by Vertex Environmental Services, Inc. with respect to the Property. 

  
 E-1 








 SCHEDULE 9.03 

SUPPLEMENTAL FINANCIAL INFORMATION 

Lessee shall deliver the following information in connection with delivery of the corporate financial statements required in Section 9.03 of the Lease.

  

							
	 Corporate Financial Reporting Certificate
	  				  	
			
	 Company:
	  				  	
			
	 For the Qtr or FYE ending
	  	 	_______________	  	  	
			
	 # of months represented
	  	 	_______________	  	  	
			
	 Number of units operating at the end of reporting period
	  	 	_______________	  	  	
			
	 EBITDAR Calculation:
	  				  	
			
	 Net Income
	  	 	_______________	  	  	
			
	 Plus: Interest Expense
	  	 	_______________	  	  	
	 Plus: Taxes
	  	 	_______________	  	  	
	 Plus: Depreciation & Amortization
	  	 	_______________	  	  	
	 Plus: Operating Lease Expense
	  	 	_______________	  	  	
	 Plus: Any non-recurring expenses (please clarify below)
	  	 	_______________	  	  	
	 Plus: Any other non-cash expenses (please clarify below)
	  	 	_______________	  	  	
	 EBITDAR
	  	 	_______________	  	  	
			
	 Items required to be broken out of Balance Sheet:
	  				  	
	 Current Portion of Long-Term Debt
	  	 	_______________	  	  	
	 Current Portion of any Capital Leases
	  	 	_______________	  	  	
	 Senior Third-Party Debt Balances
	  	 	_______________	  	  	
	 Subordinate/Related Party Debt Balances
	  	 	_______________	  	  	
			
	 Explanations of non-recurring and non-cash items:
	  				  	

 Schedule 9.03 







 Lessee shall deliver the following information in connection with delivery of the unit-level financial statements
required in Section 9.03 of the Lease. 
  

													
	 STORE Capital Unit-Level Financial

Reporting Certificate
	  				  				  			
				
	 Unit ID:
	  	 	1	  	  	 	2	  	  	 	3	  
				
	 For the Qtr or FYE ending
	  	 	____________	  	  	 	____________	  	  	 	____________	  
				
	 # of months represented
	  	 	____________	  	  	 	____________	  	  	 	____________	  
				
	 Store-Level pre-corporate overhead

EBITDAR Calculation:
	  				  				  			
				
	 Store-Level Net Income
	  	 	____________	  	  	 	____________	  	  	 	____________	  
				
	 Plus: Interest Expense
	  	 	____________	  	  	 	____________	  	  	 	____________	  
	 Plus: Taxes
	  	 	____________	  	  	 	____________	  	  	 	____________	  
	 Plus: Depreciation & Amortization
	  	 	____________	  	  	 	____________	  	  	 	____________	  
	 Plus: Property Rent Expense (base rent + any % rent)
	  	 	____________	  	  	 	____________	  	  	 	____________	  
	 Plus: Any corporate overhead allocations to the unit
	  	 	____________	  	  	 	____________	  	  	 	____________	  
	 Plus: Any non-recurring expenses (please clarify below)
	  	 	____________	  	  	 	____________	  	  	 	____________	  
	 Plus: Any other non-cash expenses (please clarify below)
	  	 	____________	  	  	 	____________	  	  	 	____________	  
	 EBITDAR
	  	 	____________	  	  	 	____________	  	  	 	____________	  
				
	 Items required to be broken out on unit-level

profit and loss statement:
	  				  				  			
	 Cost Goods Sold
	  	 	____________	  	  	 	____________	  	  	 	____________	  
	 Labor Expenses
	  	 	____________	  	  	 	____________	  	  	 	____________	  
				
	 Explanations of non-recurring and non-cash items:
	  				  				  			

 Schedule 9.03