Exhibit 10.21
LEASE
WILLIS TOWER
233 SOUTH WACKER DRIVE
CHICAGO, ILLINOIS
TRADESTATION SECURITIES, INC.
LEASE
WILLIS TOWER
233 SOUTH WACKER DRIVE
CHICAGO, ILLINOIS
TRADESTATION SECURITIES, INC.
TABLE OF CONTENTS
PAGE
SCHEDULE
1
TERMS AND CONDITIONS
5
1.
TERM
5
2.
BASE RENT
5
3.
ADDITIONAL RENT
5
4.
USE OF THE PREMISES
11
5.
POSSESSION
12
6.
SERVICES
13
7.
REPAIRS
17
8.
ADDITIONS AND ALTERATIONS
17
9.
COVENANT AGAINST LIENS
18
10.
INSURANCE
19
11.
FIRE OR CASUALTY
21
12.
WAIVER OF CLAIMS - INDEMNIFICATION
22
13.
NONWAIVER
22
14.
CONDEMNATION
23
15.
ASSIGNMENT AND SUBLETTING
23
16.
SURRENDER OF POSSESSION
27
17.
HOLDING OVER
28
18.
ESTOPPEL CERTIFICATE
28
19.
OBLIGATIONS TO MORTGAGEES
28
20.
CERTAIN RIGHTS RESERVED BY LANDLORD
29
21.
RULES AND REGULATIONS
31
22.
DEFAULT AND LANDLORD'S REMEDIES
31
23.
EXPENSES OF ENFORCEMENT
34
24.
COVENANT OF QUIET ENJOYMENT
34
25.
REAL ESTATE BROKER
34
26.
MISCELLANEOUS
34
27.
NOTICES
37
28.
LIMITATION OF LIABILITY
37
29.
SECURITY DEPOSIT
37
30.
RIGHT OF FIRST OFFER
39
31.
TENANT'S OPTION TO RENEW
39
i
32.
SUBSTITUTION OF PREMISES
40
33.
PATRIOT ACT
41
34.
SIGNS
41
35.
PARKING
42
36.
ARBITRATION
42
EXHIBITS
EXHIBIT A
FLOOR PLAN OF PREMISES
EXHIBIT B
TENANT WORK LETTER
EXHIBIT C
RULES AND REGULATIONS
EXHIBIT D
ESTOPPEL CERTIFICATE
EXHIBIT E
CONDENSER WATER ADDENDUM
EXHIBIT F
JANITORIAL SPECIFICATIONS
SCHEDULES
SCHEDULE 1-A
LANDLORD'S WORK
SCHEDULE 1-B
BUILDING STANDARD MATERIALS
SCHEDULE 2
TENANT/CONTRACTOR & VENDOR GUIDELINES
ii
LEASE
WILLIS TOWER
233 SOUTH WACKER DRIVE
CHICAGO, ILLINOIS
THIS AGREEMENT OF LEASE made as of this day 22nd of November, 2010 (hereinafter
referred to as the "Lease") between 233 S. WACKER LLC, a Delaware limited
liability company (hereinafter referred to as "Landlord"), and TRADESTATION
SECURITIES, INC., a Florida corporation (hereinafter referred to as "Tenant").
SCHEDULE
1.
Description of Premises: The premises designated on the plan attached hereto as
Exhibit A and containing approximately 11,135 square feet of "Rentable Area" on
the 48th floor (the "Premises") in the building commonly known as the Willis
Tower (the "Building") located at 233 South Wacker Drive in the City of Chicago,
Cook County, Illinois (hereinafter referred to together with all present and
future easements, additions, improvements and other rights appurtenant thereto,
as the "Land"). Landlord represents that the square footage of the Rentable Area
shown above has been determined in accordance with ANSI/BOMA Z65.1. 1996.
2. Use of Premises: Tenant shall use the Premises solely as general offices,
employee training and for no other purpose whatsoever.
3. Base Rent: The per annum rate of Base Rent and the monthly installments
thereof are set forth on Schedule 1 attached hereto.
4. Tenant's Proportionate Share: shall mean (a) .3154% for the purposes of
determining Taxes (as hereinafter defined) payable by Tenant hereunder, such
percentage being the percentage calculated by dividing the Rentable Area
contained in the Premises, as determined by Landlord and shown in Item 1 of this
Schedule by 3,530,477 rentable square feet, and (b) .3390% for purposes