LEASE AGREEMENT
AEROSPACE
BY AND BETWEEN
AEROSPACE OPERATING ASSOCIATES, LP
("LANDLORD")
AND
ORION MARINE GROUP, INC.
("TENANT")
TABLE OF CONTENTS
Page
SEC. 1 LEASED PREMISES
SEC. 2 TERM:
SEC. 3 USE:
SEC. 4 SECURITY DEPOSIT:
SEC. 5 BASE RENT:
SEC. 6 ADDITIONAL RENT:
SEC. 7 SERVICE AND UTILITIES:
SEC. 8 MAINTENANCE, REPAIRS AND USE:
SEC. 9 QUIET ENJOYMENT; RIGHTS RESERVED:
SEC. 10 ALTERATIONS:
SEC. 11 FURNITURE, FIXTURES AND PERSONAL PROPERTY:
SEC. 12 SUBLETTING AND ASSIGNMENT:
SEC. 13 FIRE AND CASUALTY:
SEC. 14 CONDEMNATION:
SEC. 15 DEFAULT BY TENANT:
SEC. 16 REMEDIES OF LANDLORD:
SEC. 17 LIEN FOR RENT:
SEC. 18 NON-WAIVER:
SEC. 19 LAWS AND REGULATIONS; RULES AND REGULATIONS:
SEC. 20 ASSIGNMENT BY LANDLORD; LIMITATION OF LANDLORD'S LIABILITY:
SEC. 21 SEVERABILITY:
SEC. 22 SIGNS:
SEC. 23 SUCCESSORS AND ASSIGNS:
SEC. 24 SUBORDINATION:
SEC. 25 TAX PROTEST:
SEC. 26 HOLDING OVER:
SEC. 27 INDEPENDENT OBLIGATION TO PAY RENT:
SEC. 28 INDEMNITY; RELEASE AND WAIVER:
SEC. 29 INSURANCE:
SEC. 30 ENTIRE AGREEMENT:
SEC. 31 NOTICES:
SEC. 32 COMMENCEMENT DATE:
SEC. 33 RELOCATION OF TENANT:
SEC. 34 BROKERS:
SEC. 35 ESTOPPEL CERTIFICATES:
SEC. 36 NAME CHANGE:
SEC. 37 BANKRUPTCY:
SEC. 38 TELECOMMUNICATIONS PROVIDERS:
SEC. 39 HAZARDOUS SUBSTANCES:
SEC. 40 NO MONEY DAMAGES FOR FAILURE TO CONSENT; WAIVER OF
CERTAIN DAMAGES:
SEC. 41 ACKNOWLEDGMENT OF NON-APPLICABILITY OF DTPA:
SEC. 42 ATTORNEYS' FEES:
SEC. 43 AUTHORITY OF TENANT:
SEC. 44 INABILITY TO PERFORM:
SEC. 45 JOINT AND SEVERAL TENANCY:
SEC. 46 EXECUTION OF THIS LEASE AGREEMENT:
SEC. 47 WAIVER OF TRIAL BY JURY; COUNTERCLAIM:
SEC. 48 CALCULATION OF TIME PERIODS:
SEC. 49 EXHIBITS:
SEC. 50 ANTI-TERRORISM
SEC. 51 RENEWAL OPTIONS
SEC. 52 RIGHT OF FIRST REFUSAL:
SEC. 53 BACK UP GENERATOR:
SEC. 54 SATELLITE ANTENNA
SEC. 55 MONUMENT SIGNAGE
EXHIBITS:
EXHIBIT A - FLOOR PLAN OF THE LEASED PREMISES
EXHIBIT B - LEGAL DESCRIPTION OF THE LAND
EXHIBIT C - PARKING AGREEMENT
EXHIBIT D - RULES AND REGULATIONS
EXHIBIT E - ACCEPTANCE OF PREMISES MEMORANDUM
EXHIBIT F - TENANT'S ESTOPPEL CERTIFICATE
EXHIBIT G - LEASEHOLD IMPROVEMENTS
EXHIBIT H - AIR CONDITIONING AND HEATING SERVICES
EXHIBIT
I -
INSURANCE REQUIREMENTS
EXHIBIT
J -
ROOFTOP SATELLITE ANTENNA
LEASE AGREEMENT
Office Building
This Lease Agreement (this "Lease Agreement") is made and entered into as of the
date set forth on the signature page between Aerospace Operating Associates, LP,
a New Mexico limited partnership, hereinafter referred to as "Landlord", and
Orion Marine Group, Inc., a Delaware corporation, hereinafter referred to as
"Tenant":
WITNESSETH:
SEC. 1 LEASED PREMISES"
In consideration of the mutual covenants as set forth herein, Landlord and
Tenant hereby agree as follows:
A. Landlord hereby leases to Tenant and Tenant hereby leases from Landlord for
the rental and on the terms and conditions hereinafter set forth approximately
10,983 square feet of Net Rentable Area on the third (3rd) floor as indicated on
the floor plan attached hereto as Exhibit A and known as Suite 300 (the "Leased
Premises") in the office building located at 12000 Aerospace Ave., Houston,
Harris County, Texas 77034