EXHIBIT 10.6
STANDARD INDUSTRIAL LEASE
(NET)
LANDLORD:
MORENO KNOX, LLC, a Delaware limited liability company
TENANT:
DECKERS OUTDOOR CORPORATION, a Delaware corporation
PROJECT:
Vantage Pointe Logistics Center
CITY, STATE:
Moreno Valley, California
DATE:
December 5, 2013
TABLE OF CONTENTS
Page
1.
BASIC LEASE TERMS
1
2.
PREMISES
3
3.
LEASE TERM
3
4.
POSSESSION
4
5.
RENT
4
6.
PREPAID RENT
6
7.
SECURITY DEPOSIT
6
8.
USE OF PREMISES AND PROJECT FACILITIES
6
9.
SURRENDER OF PREMISES; HOLDING OVER
7
10.
SIGNAGE
8
11.
TAXES
8
12.
UTILITIES; INTERRUPTIONS
10
13.
MAINTENANCE AND REPAIR
11
14.
ALTERATIONS
13
15.
RELEASE AND INDEMNITY
14
16.
INSURANCE
14
17.
DESTRUCTION
15
18.
CONDEMNATION
16
19.
ASSIGNMENT OR SUBLEASE
17
20.
DEFAULT
18
21.
LANDLORD'S REMEDIES
18
22.
DEFAULT BY LANDLORD
19
23.
ENTRY OF PREMISES AND PERFORMANCE BY TENANT
19
24.
SUBORDINATION
20
25.
NOTICE
21
26.
WAIVER
21
27.
LIMITATION OF LIABILITY
21
28.
FORCE MAJEURE
21
29.
PROFESSIONAL FEES
21
30.
EXAMINATION OF LEASE
22
31.
ESTOPPEL CERTIFICATE
22
32.
RULES AND REGULATIONS
22
33.
LIENS
22
34.
MISCELLANEOUS PROVISIONS
22
35.
LEASE EXECUTION
24
36.
ADDITIONAL PROVISIONS
24
(i)
EXHIBITS
EXHIBIT
A:
DEPICTION OF PREMISES
EXHIBIT
B:
DESCRIPTION OF PREMISES LAND
EXHIBIT
C:
WORK LETTER AGREEMENT
EXHIBIT
D:
NOTICE OF LEASE TERM DATES
EXHIBIT
E:
TENANT ESTOPPEL CERTIFICATE
EXHIBIT
F:
RULES AND REGULATIONS
EXHIBIT
G:
APPROXIMATE LOCATION OF TENANT'S SIGNAGE
EXHIBIT
H:
HAZARDOUS MATERIALS ADDENDUM
EXHIBIT
I:
HAZARDOUS MATERIALS QUESTIONNAIRE
EXHIBIT
J:
REFERENCE PROVISION
EXHIBIT
K:
PARKING
EXHIBIT
L:
MEMORANDUM OF LEASE
EXHIBIT
M:
EXCLUSIONS FROM NNN CHARGES
EXHIBIT
X:
FORM PURCHASE AND SALE AGREEMENT
EXHIBIT
X-1:
MODIFICATIONS TO PURCHASE AND SALE AGREEMENT
RIDERS
RIDER
1:
OPTION TO EXTEND
RIDER
2:
EXPANSION OPTION
RIDER
3:
RIGHT OF FIRST REFUSAL TO PURCHASE (Premises)
RIDER
4:
RIGHT OF FIRST OFFER TO LEASE (Expansion Building)
RIDER
5:
RIGHT OF FIRST OFFER TO PURCHASE (Remainder Land/Building)
(ii)
EXHIBIT 10.6
STANDARD INDUSTRIAL LEASE
(NET)
1.BASIC LEASE TERMS.
(a)
DATE OF LEASE EXECUTION: December 5, 2013
(b)
TENANT: DECKERS OUTDOOR CORPORATION, a Delaware corporation
Trade Name: Deckers
Address (Premises): 17791 Perris Boulevard, Moreno Valley, California 92551
Address for Notices:
Deckers Outdoor Corporation
495-A South Fairview Avenue
Goleta, CA 93117
Attn: Facilities Department
with a copy to:
Deckers Outdoor Corporation
495-A South Fairview Avenue
Goleta, CA 93117
Attn: Legal Department
(c)
LANDLORD: MORENO KNOX, LLC, a Delaware limited liability company
Address for Rent:
c/o SARES•REGIS Group
18802 Bardeen Avenue
Irvine, CA 92612
Attn: Property Manager, Commercial Property Services Division
Address for Notices:
c/o SARES·REGIS Group
18802 Bardeen Avenue
Irvine, CA 92612
Attn: Property Manager, Commercial Property Services Division
with a copy to:
c/o J.P. Morgan Asset Management
2029 Century Park East, Suite 4150
Los Angeles, CA 90067
Attn: Asset Manager
(d)
TENANT'S PERMITTED USE OF PREMISES: General warehousing and distribution
and ancillary office uses, subject to the provisions set forth in this Lease and
as permitted by law.
(e)
LAND; BUILDING; IMPROVEMENTS; PROJECT:
i)
LAND: The parcel(s) of real property located in