EXHIBIT 10.1
LEASE BETWEEN
250 PARK AVENUE, LLC,
as Landlord
and
CIFC CORP.,
as Tenant
PREMISES:
The entire rentable portion of the fourth (4th) floor at
250 Park Avenue
New York, New York
This draft lease, any other draft lease, and/or any correspondence, writings,
communications or other documents delivered or exchanged between Landlord and
Tenant shall in no event be deemed to be an offer or an agreement to lease or to
enter into a lease on the terms set forth herein or otherwise and no lease, or
agreement to lease, shall be binding on either Landlord or Tenant until executed
and delivered by both parties.
TABLE OF CONTENTS
LEASE
Article
Page No.
1.
COMMENCEMENT OF TERM:
2.
OCCUPANCY:
3.
RENT:
4.
DEFINITIONS:
5.
ADJUSTMENTS OF RENT:
6.
LATE PAYMENT CHARGE:
7.
ALTERATIONS:
8.
REPAIRS; SERVICES PROVIDED BY LANDLORD:
9.
WINDOW CLEANING:
10.
REQUIREMENTS OF LAW, FIRE INSURANCE, FLOOR LOAD:
11.
SUBORDINATION:
12.
PROPERTY LOSS, DAMAGE, REIMBURSEMENT, INDEMNITY:
13.
DESTRUCTION, FIRE AND OTHER CASUALTY:
14.
EMINENT DOMAIN:
15.
ASSIGNMENT, SUBLETTING, ETC.:
16.
ELECTRIC CURRENT:
17.
ACCESS TO PREMISES:
18.
VAULT, VAULT SPACE, AREA:
19.
BANKRUPTCY:
20.
DEFAULT:
21.
REMEDIES OF LANDLORD AND WAIVER OF REDEMPTION:
22.
FEES AND EXPENSES:
23.
NO REPRESENTATIONS BY LANDLORD:
24.
END OF TERM:
25.
QUIET ENJOYMENT:
26.
FAILURE TO GIVE POSSESSION:
27.
NO WAIVER:
28.
WAIVER OF TRIAL BY JURY:
29.
INABILITY TO PERFORM:
30.
CAPTIONS:
31.
ADJACENT EXCAVATION - SHORING:
32.
RULES AND REGULATIONS:
33.
SECURITY:
34.
SUCCESSORS AND ASSIGNS:
35.
INSURANCE:
36.
BROKERAGE:
37.
ESTOPPEL CERTIFICATE:
38.
HOLDING OVER:
39.
NOTICES:
40.
CERTAIN RIGHTS RESERVED TO LANDLORD:
41.
HAZARDOUS MATERIALS:
42.
LANDLORD'S WORK:
43.
RENEWAL OPTION:
44.
ROOFTOP EQUIPMENT:
45.
TERMINATION RIGHT:
46.
MISCELLANEOUS:
EXHIBIT A - LEASED PREMISES
EXHIBIT B - CLEANING SPECIFICATIONS
EXHIBIT C - RULES AND REGULATIONS
EXHIBIT D - FORM OF LETTER OF CREDIT
EXHIBIT E - LANDLORD'S BASE BUILDING WORK
EXHIBIT F - CONTRACTOR'S INSURANCE REQUIREMENTS
EXHIBIT G - CONSTRUCTION RULES AND REGULATIONS
EXHIBIT H - APPROVED CONTRACTORS
EXHIBIT I- HVAC SPECIFICATION
EXHIBIT J- TENANT'S SCHEMATIC PLAN
AGREEMENT OF LEASE, made as of this 16th day of September, 2011, between 250
PARK AVENUE, LLC, a Delaware limited liability company, having its principal
place of business at c/o AEW Capital Management, L.P., World Trade Center East,
Two Seaport Lane, Boston, Massachusetts 02210 ( "Landlord"), and CIFC CORP., a
Delaware corporation, having an address at 250 Park Avenue, New York, New York
10177 ("Tenant").
WITNESSETH:
Landlord hereby leases to Tenant and Tenant hereby hires from Landlord certain
space consisting of the entire rentable portion of the fourth (4th) floor,
substantially as shown hatched on the floor plan annexed hereto as Exhibit A and
made a part hereof (the "Premises") in the building known as 250 Park Avenue,
New York, New York (the "Building"; the Building, together with the land on
which it is located (the "Land") and all other improvements thereon being called
the "Property"), on the terms and conditions hereinafter set forth.
The parties hereto, for themselves, their heirs,