Document:

Exhibit 10.17

 Exhibit 10.17 
 CROFTON BUSINESS CENTRE 
 OFFICE LEASE AGREEMENT 

THIS LEASE AGREEMENT is made this 18th day of July 2004, by and between William F. Chesley (“Landlord”) and SFA, Inc.
(“Tenant”). 
 WITNESSETH 
 That for and in consideration of the rents, mutual covenants and agreements set forth in this Lease, Landlord and Tenant agree as follows: 
 1. PREMISES 
 1.01. Premises. Landlord leases to Tenant, and Tenant rents from Landlord, certain commercial space in the premises known as Crofton Business Centre (the “Building”) located at 2200 Defense
Highway, Crofton, Maryland 21114. The leased premises (“Premises”) consists of approximately 7,146 square feet of rentable area, as measured by the formula attached hereto as Exhibit A on the 4th floor(s) of the Building, as shown on the plan attached hereto as
Exhibit B. 
 2. PREOCCUPANCY WORK AGREEMENT. 
 2.01. Work Agreement. Landlord agrees to finish and improve the Premises in accordance with the work agreement attached hereto as Exhibit C (the “Work Agreement”) and shall have no obligation to
make any other improvements or alterations. The work required of Landlord under the terms and conditions of the Work Agreement is referred to in this Lease as “Landlord’s Work”. 
 2.02 Acceptance of Premises. Upon taking possession and occupying the Premises, Tenant shall thereby be deemed to have accepted the same and
acknowledged the Premises, are in the condition called for hereunder. 
 3. TERM. 
 3.01. Commencement Date and Length of Term. The term of this Lease (the “Term”) shall commence on the earlier to occur of
(a) March 1, 2005, (b) the date of actual possession of any portion of the Premises by Tenant, or (c) the date the Premises are “Ready for Occupancy” as described in the Work Agreement (“Commencement Date”),
and shall be for a period of five years and six months (5.5) years, plus the part of the month, if any, from the date of the commencement of the Lease Term to the first day of the first full calendar month thereof. 
 If requested by Landlord, immediately after delivery of possession of the Premises to Tenant, or at any other time during the Term, Tenant
will execute a declaration, in the form attached hereto as Exhibit D, specifying the information called for in said form. 
 3.02. Termination Date. The term shall end at midnight on the last day of the month which completed five years plus six months (5.5) years from the end of the month during which the Term commenced unless the Term terminates sooner
pursuant to any other provisions of this

 
Lease or pursuant to law.                      and Landlord provided Tenant gives
Landlord 180 days written notice of desire to exercise this option. Landlord will allow Tenant the right of first offering on the contiguous space containing approximately 2100 square feet. Tenant will have five business days to accept the
additional space under the same terms and conditions of this lease agreement. 
 4. SECURITY DEPOSIT. 
 4.01. Landlord hereby acknowledges receipt from Tenant of the sum of Thirteen Thousand, One Hundred One & 00/100 ($13,101.00) (the
“Deposit”) to be held by Landlord as security for the prompt payment of rent and the performance of Tenant’s other obligations under this Lease. If Tenant timely performs and observes all of the covenants and agreements required of it
under this Lease, then, at the end of the Term and within sixty (60) days following surrender of the Premises by Tenant to Landlord, the Deposit, without interest, less all expenses incurred by Landlord in cleaning and restoring the Premises on
termination of this Lease, shall be refunded to Tenant. If Tenant defaults in the payment of rent, additional rent or in the performance or observance of any other obligation on its part under this Lease, then Landlord may apply the Deposit to the
payment of rent or additional rent in default and/or to the damages and costs incurred by Landlord as a result promptly thereafter restore the Deposit to the original amount. The right of Landlord to apply the Deposit as above specified shall not be
construed as a limitation upon Landlord’s right to invoke any other remedy available under this Lease or at law or in equity for any breach of this Lease, or to collect the full amount of damages owed by Tenant on account of any breach.

 5. RENT 
 5.01. Base Rent. Tenant shall pay Landlord during the Term base annual rent of One Hundred Fifty-Seven Thousand Two Hundred Twelve and 00/100 ($157,212.00) (“Base Rent”), payable in equal monthly installments of Thirteen Thousand,
One Hundred One and 00/100 ($13,101.00), in advance on the first day of each and every calendar month during the Term. If the Commencement Date is on a day other than the first day of a calendar month, rent for the period from the Commencement Date
to the first day of the first full calendar month shall be prorated on a daily basis (using thirty days per month) and shall be due and payable on the Commencement Date. Provided Tenant has complied with the terms and conditions of this lease
agreement, Landlord agrees to waive the rent for month two of this lease agreement. 
 5.02. Advance Rent. Tenant shall pay,
upon the execution of this Lease, advance rent in the amount of ($13,101.00) (“Advance Rent”) to be held as additional security and to be forfeited, without limitation of other remedies, for any defaults of this Lease by Tenant occurring
prior to the Commencement Date. If no such default occurs, the Advance Rent shall be applied by Landlord to the first installment of Base Rent payable by Tenant. Landlord shall not be required to escrow or otherwise segregate the Advance Rent, and
no interest shall accrue or be paid or payable by Landlord in respect thereto. 
 5.03. Additional Rent. During the Term of this
Lease and any renewal or extension thereof, Tenant covenants and agrees to pay, as additional rent, twelve percent (12%) (hereinafter Tenant’s “Proportionate Share”, determined by dividing the rentable area of the Premises by the

  

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total number of square feet of rentable area in the building) of any and all Operating Costs (as defined in Section 9.01) and Real Estate Tax Expenses (as defined in Section 10.03) in
excess of a sum equal to actual expenses for 2005 adjusted to reflect 95% occupancy, if necessary multiplied by the total rentable area in the building as such area is determined from time to time by Landlord’s architect (hereinafter
“Adjustment Rent”). The payment of said Adjustment Rent shall be completed by Landlord on the basis of each fiscal year of the building (which building fiscal year may be on a calendar year basis or such other fiscal year as Landlord
determines in this sole discretion) during the Term of this Lease and any renewal or extension thereof. 
 5.04 Payment of
Adjustment Rent. After the expiration of the first calendar year following the Commencement Date of this Lease, and at the expiration of each calendar year thereafter, Landlord shall estimate and determine the amount of Adjustment Rent due and
payable by Tenant for the immediately preceding year and shall bill Tenant therefor, and Tenant shall pay Landlord any such Adjustment Rent to Landlord within thirty (30) days after such notice is sent to Tenant by Landlord. Adjustment Rent due
from Tenant shall be adjusted and pro-rated (as calculated and determined by Landlord) for any fraction of a calendar quarter or building fiscal year during which the Term commenced or at the expiration of the Term, however, Tenant’s obligation
to pay any accrued Adjustment Rent shall survive the expiration of any termination of this Lease. 
 5.05 Payments and Late
Charge. All payments or installments of any rent, additional rent, Adjustment Rent or other payments due hereunder (including, without limitation, payments for utility services) shall be paid to Landlord in Section 35 hereof, or as otherwise
designated by Landlord, without set-off, deduction, counterclaim, or demand. Tenant shall pay, as additional rent, a late charge equal to Five Percent (5) of the amount of any payment or installment of rent or additional rent payable hereunder
that is paid more than ten (10) days after the due date thereof. In addition, Tenant shall pay, as additional rent, all attorney’s fees, costs and expenses incurred by Landlord as a result of Tenant’s delinquent payment of rent,
additional rent or other payment due hereunder. 
 6. ADJUSTMENTS TO RENT 
 6.01. Base Rent payable under Section 5 of this Lease shall be increased annually, commencing with the second year of the term of this
Lease and each year thereafter by a rate of three percent (3%) of the amount of the rent paid by Tenant during the year preceding each annual increase. 
 7. TENANT’S BUSINESS OPERATIONS AND USE OF PREMISES. 
 7.01 Tenant’s
Business Operations. Tenant shall use and occupy the Premises solely for the purpose of carrying on the business of general office in accordance with the use permitted under Anne Arundel County C-1-B Zoning District and in compliance with all
applicable laws, ordinances and regulations. Tenant agrees and represents that no deviation from the specified use shall be allowed for all or any portion of the Premises without the prior written consent of the Landlord, which consent may be
withheld for any reason or without reason. 
  

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 7.02 Use of Premises. Tenant shall not use or occupy the Premises or use the Building for
any unlawful, disorderly, or hazardous purpose, or in a manner which will injure, annoy, or interfere with the rights of other tenants or their invitees. Tenant shall not commit or suffer to be committed any waste upon the Premises. Tenant will not
install any cigarette, food or beverage machines in or about the Premises. Tenant shall not bring or suffer to be brought onto the Premises or Building any hazardous material, or illegal or controlled substance. 
 8. COMMON AREAS AND FACILITIES. 
 8.01 Right to Use Common Areas and Facilities. During the term of this Lease, Tenant shall have a nonexclusive license to use, in common with others, the hallways, courtyards, corridors, malls, elevators,
visitor parking spaces, driveways, footways, loading facilities and other common areas and facilities (or as otherwise designated by Landlord), provided that Tenant abides by such Rules and Regulations as Landlord may prescribe from time to time.
Landlord shall at all times have full and exclusive control, management and direction of all common areas and facilities, and may close temporarily all or any portion of the common areas as may be required for proper maintenance and/or repair,
change the location, layout and arrangement of the common areas and facilities, driveways and footways from time to time, and perform such other acts in and to such areas that, in its business judgment, Landlord shall determine to be advisable in
order to improve the overall operation of the Building. 
 9. OPERATING COSTS. 
 9.01. Operating Costs. “Operating Costs” as referred to in this Lease shall be those expenses paid or incurred by Landlord during
the building fiscal year in providing services and in connection with operating, maintaining and repairing the Building, in the manner deemed by Landlord, in its sole discretion, to be reasonable and appropriate in the operation of the Building
including, but not limited to, all costs and expenses of the following: 
 i. Operating, maintaining, repairing, lighting,
cleaning, painting, decorating and insuring (including, but not limited to, the costs of liability insurance for personal injury, bodily injury, death and property damage; workmen’s compensation insurance covering personnel; rental insurance;
and glass, fire and casualty insurance) the Building; 
 ii. Repairing or replacing paving, curbs, walkways, roof, walls,
windows, lighting facilities, floors, drainage, pipes, ducts, conduits and similar items; landscaping; and removing snow, ice and debris from the “common areas”; 
 iii. Operating, maintaining and repairing the sprinkler system and all other central and common mechanical and electrical equipment located
in the Building, including the cost of any service contracts therefor; 
 iv. All utility expenses charged to the Building such
as gas, electric, sewer and water; 
 v. Cleaning, janitorial service, and trash removal from central trash receptacles in and
around the Building; 
 vi. All administrative costs and property management fees; 
  

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 vii. Taxes, sales and use taxes on supplies or services; 
 viii. Should Landlord employ a security system (including employing security personnel), the costs of purchasing, operating and maintaining
any such security system, although Landlord shall not be obligated or required to employ any security system; 
 ix. All other
expenses which would be considered an expense of owning, maintaining, operating or repairing the Building under sound accounting principles, including but not limited to such license fees or other similar charges by any governmental body for the
privilege of renting or using the Premises, and the cost of any capital improvements which are made by Landlord, provided that the costs of each such capital improvement, together with any financing charges incurred in connection therewith, shall be
amortized over the useful life thereof and only that portion attributable to such Building fiscal year shall be included in Operating Expenses for such Building fiscal year. 
 10. REAL ESTATE TAXES 
 10.01. Real Estate Tax Expenses. “Real Estate Tax Expenses” as referred to in this Lease shall mean all taxes and assessments, general or special, ordinary or extraordinary, foreseen or unforeseen, assessed, levied or imposed upon
the fixtures, machinery, equipment or systems in, upon or used in connection with the operation of the Building under the current or any future taxation or assessment system or modification of, supplement or substitute for such system, and whether
or not based on or measured by the receipts or revenues from the Building or the land upon which the Building is located (the “Land”) (including all taxes and assessments for public improvements or any other purpose and any gross receipts
or similar tax purpose) for each Building fiscal year. Real Estate Tax Expenses shall include all reasonable expenses incurred by Landlord in contesting any increase in taxes, rates or assessments, or in obtaining or attempting to obtain a reduction
of such taxes, rates or assessments, including, without limitation, attorney’s fees. Real Estate Tax Expenses shall not include any taxes on Tenant’s personal property, or taxes on the value of leasehold improvements owned by Tenant, but
any such taxes shall be the sole obligation of Tenant and shall be paid by Tenant within thirty (30) days after notice from Landlord that such taxes are due and payable. 
 11. UTILITIES AND SERVICES. 
 So long as Tenant is not in default under this lease, Landlord shall provide the following facilities and services to Tenant: 
 11.01. Elevator Service. At least one elevator subject to call at all times, including Sundays and holidays. 
 11.02. Heating and Air Conditioning. Central heating and air conditioning from 8 a.m. under 6 p.m. on weekdays exclusive of holidays (i.e., New Year’s Day, Washington’s Birthday, Memorial Day,
Independence Day, Labor Day, Columbus Day, Veteran’s Day, Thanksgiving Day and Christmas Day), during the seasons of the year when these services are normally and usually furnished, and within the temperature ranges and in such amount normally
or usually furnished, in comparable office buildings in the Maryland Suburban/Washington, D.C. area. Landlord shall provide heat and air conditioning at other times at Tenant’s expense. Such after- hour,

  

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holiday or special weekend service rate shall be determined by Landlord and shall be charged to Tenant at the same rate charged to other tenants in the Building. Landlord reserves the right to
adjust from time-to-time, in its sole discretion, the rate of such services, provided the rate charged Tenant does not exceed the rate charged other tenants in the Building. 
 11.03. Cleaning and Janitorial Service. Cleaning and janitorial service in Landlord’s standard manner. 
 11.04. Electric Service. Electrical facilities to furnish sufficient electrical power to Tenant’s equipment installed in accordance
with Section 13 hereof. 
 11.05. Lighting Fixtures. Replacement of light tubes or bulbs for Building standard lighting
fixtures. Al light tube or bulb replacements for special nonstandard lighting fixtures shall be furnished and installed at Tenant’s expense. 
 11.06. Rest Room Facilities. Rest room facilities and necessary lavatory supplies, including hot and cold running water at the points of supply provided for general use of other tenants in the Building,
and routine maintenance, painting and electric lighting service for all public and special service areas of the Building in such manner as Landlord deems reasonable. 
 11.07. Access to Premises. Access to the Premises on a full-time twenty-four (24) hour basis, subject to such regulations as Landlord may impose for security reasons. 
 11.08. Landlord Not Liable for Failure to Provide Services. Any failure by Landlord to furnish the foregoing services resulting from
Unavoidable Delays as hereinafter defined, or from temporary interruption of the foregoing services due to repairs or maintenance, shall not render Landlord liable in any respect for damages to either person or property, not be construed as an
eviction of Tenant, nor cause an abatement of rent, or relieve Tenant from Tenant’s obligations hereunder. For purposes of this Section 11 and of Section 32, Unavoidable Delays shall mean any delay due to strikes, labor disputes,
shortages of material, labor or energy, acts of God, governmental restrictions, enemy action, civil commotion, fire, unavoidable casualty, or other causes beyond the control of Landlord. 
 11.09. Restriction of Services. If any public utility or governmental body shall require Landlord or Tenant to restrict the consumption of
any utility or reduce any service to the Premises or the Building, Landlord and Tenant shall comply with such requirements whether or not the utilities and services referred to in this Section are thereby reduced or otherwise affected, without any
reduction or adjustment of rent hereunder. 
 11.10. Access to Premises. Landlord and its agents shall be permitted reasonable
access to the Premises, and the right to install facilities within or through the Premises, in order to install and service the systems deemed necessary by Landlord to provide to other tenants of the Building the services and utilities referred to
in this Section. 
  

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 12. MAINTENANCE AND REPAIRS. 
 12.01. Maintenance and Repairs. Tenant shall keep the interior of the Premises in good order and repair, and shall make all necessary repairs
and replacements (including replacement of all broken interior doors) at its own expense, except that all central or common mechanicals will be repaired by Landlord and Tenant will be billed therefor in accordance with Section 5.04. Tenant will
insure the risk of the maintenance of the interior plate glass. 
 12.02. Surrender of Premises. Tenant will surrender the
Premises in as good order and condition as when received, reasonable wear and tear excepted. 
 13. EQUIPMENT 
 13.01. Equipment. Tenant shall not transport any safe, heavy machinery, heavy equipment (including computer terminals or other computer
equipment), bulky matters or fixtures into or out of the Building or Premises, nor shall Tenant install or operate in the Premises any equipment or other machinery, other than electric typewriters or word processing machines, adding machines,
personal computers, radios, televisions, tape recorders, dictaphones, bookkeeping machines, clocks, standard size office copiers and other machines requiring similar law electric consumption, nor shall Tenant install any equipment or machinery which
may necessitate any changes, replacement or additions to the water, heating, plumbing, air conditioning, or electrical systems of the Building without (a) first obtaining the prior written consent of Landlord (who may condition such consent
upon the payment by Tenant of Additional Rent in compensation for additional consumption of utilities or additional wiring needed for the equipment or machinery) and (b) securing any necessary permits from governmental authorities and utilities
companies and furnishing copies to Landlord. If any such equipment or machinery requires special handling, Tenant agrees to employ only persons holding the proper license to do said work and that all work performed shall comply with any applicable
federal state, city or other governing laws, rules or regulations. Tenant understands and agrees that it is liable for any damage done to the Building or Premises resulting from the movement of any equipment or machinery. Landlord shall have the
right to prescribe the maximum weight and position of safes and other heavy equipment or fixtures that Tenant desires to install in the Premises. 
 13.02 Noise and Vibrations. Business machines and equipment belonging to Tenant which cause notes or vibration that may be transmitted to any part of the Building to such a degree as to be objectionable
to Landlord or to any other tenant shall be installed and maintained by Tenant, at Tenant’s expense, only if vibration eliminators or other devices sufficient to eliminate the noise and vibration are installed. 
 14. LANDLORD’S SIGN POLICY 
 14.01. Sign Policy. Landlord shall, at Tenant’s sole cost and expense, have prepared, in accordance with Tenant’s specification, and thereafter install a sign containing Tenant’s name,
business practice and suite location upon the exterior door of the Premises or such other location designated by Landlord, in accordance with the sign policy (“Sign Policy”) of the Landlord attached hereto as Exhibit E. Tenant covenants
and agrees to abide by the rules and regulations set forth in the Sign Policy and any reasonable amendments, changes or additions thereto. Other than as provided in Landlord’s Sign Policy, Tenant will not place or suffer to be placed or
maintained on the exterior of the Premises any other sign, advertising matter or any other thing of any kind whatsoever. Tenant further agrees to maintain its entrance door sign and any other signs as may be approved by Landlord, and provided for in
Landlord’s Sign Policy, in good condition and repair at all times. 
  

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 14.02. Tenant Directory. In the event that the Sign Policy of the Landlord provides for the
establishment of a “Tenant Directory” within the Building, Tenant shall have the right to have its name, business practice (if appropriate) and location placed on the Directory. The cost of the placement of Tenant’s name, business
practice and location on the Directory shall be borne by the Tenant. 
 15. ALTERATIONS BY TENANT. 
 15.01 Alterations. Tenant will not make any alteration to the Premises or any part thereof without first obtaining Landlord’s written
approval of such alteration. In the absence of an agreement to the contrary, any alterations and other improvements and any equipment, machinery, furniture, furnishings, and other property installed or located in the Premises or the Building by or
on behalf of Landlord as defined hereinbelow) (a) immediately become the property of Landlord and (b) shall remain upon and be surrendered to Landlord with the Premises as a part thereof at the end of the Term; provided, however, that if
Tenant is not in default under this Lease, Tenant shall have the right to remove, prior to the end of the Term, Tenant’s Personal Property, and provided, further, that if the Landlord should elect that any alterations be removed, at the end of
the Term, Tenant shall cause the same to be removed at Tenant’s expense or reimburse Landlord for doing so. “Tenant’s Personal Property” shall mean all equipment, machinery, improvements, furniture, furnishings and/or other
property now or hereafter installed or placed in or on the Premises by and at the sole expense of Tenant with respect to which Tenant has not been granted any credit or allowance by Landlord, and which (i) is not used, or was not procured for
use, in connection with the operation, maintenance or protection of the Premises or the Building, (ii) is removable without damage to the Premises or the Building, and (iii) is not a replacement of any property of Landlord, whether such
replacement is made at Tenant’s expense or otherwise. Notwithstanding any other provision of this Lease, Tenant’s Personal Property shall not include any alterations, or any improvements or other property installed or placed in or on the
Premises as part of Landlord’s Work, whether or not any such alterations, improvements, or other property were at Tenant’s expense. 
 15.02 Removal of Personal Property at End of Term. Tenant shall remove all Tenant’s Personal Property from the Premises at the termination of this Lease. Any property belonging to Tenant or any other
person which is left in the Premises after the date the Lease is terminated for any reason shall be deemed to have been abandoned. In such event, Landlord shall have the right to declare itself owner of such property and to dispose of it in whatever
manner Landlord considers appropriate without waiving its right to claim from Tenant all expenses and damages caused by Tenant’s failure to remove such property, and Tenant shall not have any right to compensation or claim against Landlord as a
result. 
 16. MECHANIC’S LIENS. 
 16.01. If a Mechanic’s Lien or claim is filed against Landlord’s property because of work, labor or services performed or materials furnished on behalf of Tenant or at the direction of Tenant or
anyone authorized by Tenant, Tenant shall discharge such lien upon demand to the

  

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satisfaction of Landlord, failing which may, in addition to any other right or remedy, discharge it by paying the amount claimed to be due. Any amount paid by Landlord and all related costs and
expenses (including attorney’s fees) plus fifteen percent (15%) of such amounts for Landlord’s administrative expenses shall be due and payable by Tenant as additional rent to Landlord on demand. The failure to pay such demand by
Tenant shall result in an additional charge equal to eighteen percent (18%) per annum on the unpaid sum until paid in full. Tenant shall provide Landlord a release of liens for any work on the Premises which may be performed on behalf of or
authorized by Tenant. 
 17, ENTRY UPON PREMISES. 
 17.01 Landlord and its agent may at any reasonable time and without liability to Tenant, other than liability for personal injuries and damages resulting directly from the negligence of Landlord or its
agents, enter the Premises to examine them or to make alterations or repairs or for any purpose which Landlord considers necessary for the repair, operation, or maintenance of the Building; provided, however, that if in Landlord’s opinion an
emergency exists, Landlord may enter the Premises at any time, whether or not said entry is reasonable. Tenant shall allow the Premises to be exhibits by Landlord (i) at any time by Landlord to any representatives of lending institutions or to
any prospective purchasers of the Building, or (ii) within six (6) months of the end of the Lease Term to persons who may be interested in leasing the Premises. 
 18. RULES AND REGULATIONS 
 18.01. Rules and Regulations. Tenant covenants and
agrees to be bound by the Rules and Regulations, as adopted, promulgated and amended from time to time by Landlord, pertaining to and for the purpose of maintaining and operating all common areas and structures and improvements within the Building
area in a clean and orderly manner, preserving the safety and welfare of all of the tenants in the Building. A copy of the current Rules and Regulations is attached hereto and incorporated herein as Exhibit F. 
 18.02 Breach of Rules and Regulations. If Tenant permits or causes any condition, action, omission or pattern of actions or omissions, which
in the sole judgment of Landlord violates any covenant or condition set forth in the Rules and Regulations or any amendment thereto, Landlord will give Tenant notice of the violation. If Tenant permits or causes the same or substantially similar
condition, action, omission or pattern of action or omission to occur or continue anytime after receiving notice from Landlord, Tenant will have materially breached this Lease. In such event, Landlord may terminate this Lease upon not less than
thirty (30) days notice to Tenant and/or take any other actions at law and/or in equity, as Landlord may desire, to recover damages, including attorney’s fees and lost rents, resulting from Tenant’s breach of the Lease and violation
of the Rules and Regulations and/or to obtain specific performance by Tenant in complying with all Rules and Regulations. Tenant agrees that is failure to comply with such Rules and Regulations will materially injure the operation of the Building
and will be harmful to Landlord and other tenants and occupants of the Building. Therefore, Tenant agrees that Landlord is and should be entitled to obtain injunctive relief against any violation by Tenant of such Rules and Regulations, even though
Landlord may have an adequate remedy at law. Regardless of Landlord’s rights, in the event Tenant violates any condition or covenant set forth in the Rules and Regulations, Landlord is not responsible or liable to Tenant for the noncompliance,
violation or breach of any other tenant or occupant of the Building. 
  

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 19. INDEMNITY OF LANDLORD BY TENANT 
 19.01. Indemnification. Tenant will indemnify Landlord and save it harmless from and against any expenses (including reasonable
attorneys’ and other professional fees), loss or liability paid, suffered or incurred as the result of any breach by Tenant, Tenant’s agents, servants, employees, clients/customers, contractors, visitors or licensees, of any covenant or
condition of this Lease, and any and all claims, actions, damages, liability and expense in connection with loss of life, personal injury and/or damage to property arising from or out of the occupancy or use by Tenant of the Leased Premises or any
part thereof or any other part of the Building, occasioned wholly or in part by any act or omission of Tenant, Tenant’s agents, servants, employees, customers, contractors, visitors or licensees. 
 20. LANDLORD NOT LIABLE FOR DAMAGE TO PERSONAL PROPERTY OR PERSONAL 
 20.01. All property of Tenant, its agents or invitees, or of any other person, in or on the Premises or the Building, shall be and remain at
the sole risk of Tenant or such agent, invitee or person. Landlord shall not be liable for any damage to or theft or loss of such property, whether or not caused by the act or omission of any person, including Landlord or its agents or invitees, or
by the bursting, leaking or overflowing of water, sewer, stream or sprinkler pipes, heating or plumbing fixtures, air conditioning or heating failure, gas odors or noise, or damage resulting from water, rain, snow or dampness which may leak or issue
from or through any part of the Building, or any other act or thing, unless such damage to or theft or loss of such property results directly from the negligence of Landlord and then only to the extent that Tenant, its agents, invitees, or any other
persons are not compensated therefor by insurance. Furthermore, Landlord shall not be liable for the interruption of or loss to Tenant’s business that may result from any of the acts or causes described above except for liability for loss
resulting directly from the negligence of Landlord, and then only to the extent that Tenant, its agents, invitees, or any other persons are not compensated therefor by insurance. Landlord shall not be liable for any personal injury to Tenant, its
agents or invitees, or to any persons, arising from the use, occupancy or condition of the Premises or Building other than liability for personal injuries resulting directly from the negligence of Landlord, and then only to the extent that Tenant is
not compensated therefor by insurance. 
 21. FIRE AND OTHER CASUALTY 
 21.01. If the Premises shall be damaged by fire or other casualty other than as a result of the fault or negligence of Tenant, and such fire
or other casualty is insured against by Landlord, and Landlord shall have received from such insurance sufficient proceeds to fully repair all of the damage caused by such fire and other casualty, Landlord shall repair the damage, provided that
Landlord shall have no obligation to repair damage to or replace Tenant’s Personal Property or any other property located in the Premises, and the Lease shall not terminate. Except as otherwise provided herein, if the entire Premises are
rendered untenantable by reason of any such damage, the rent shall abate for the period from the date of the damage to the date the damage is

  

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repaired as determined by Landlord, and if only a part of the Premises are so rendered untenantable the rent shall abate for the same period in the proportion that the area of the untenantable
part bears to the total area of the Premises; provided, however, that if prior to the date when all the damage has been repaired part of the Premises so damaged are rendered tenantable and shall be or could be used or occupied by or through Tenant,
then the amount by which the rent abates shall be apportioned for the period from the date of such actual or available use or occupancy to the date when all the damage has been repaired as determined by Landlord. No compensation or reduction of rent
shall be paid or allowed by Landlord for interruption, inconvenience, annoyance, or injury to Tenant’s business arising from the need to repair the Premises or the Building. 
 21.02 Notwithstanding the provisions above, if the Building shall be so damaged by fire or other casualty that, as determined by Landlord,
substantial reconstruction of the Building is required (whether or not the Premises have been damages or rendered untenantable), then Landlord, at its option, may give Tenant, within sixty (60) days after the fire or other casualty, written
notice of termination of this Lease and, in the event such notice is given, this Lease and the Term shall terminate (whether or not the Term shall have commenced) upon the expiration of thirty (30) days from the date of notice with the same
effect as if the date of expiration of the thirty days were the date initially fixed for expiration of the Term, and all rents shall be apportioned as of such date. 
 21.03 If the Premises or the Building should be damaged by fire or other casualty due to the negligence or misconduct of Tenant, Landlord shall have no obligation to repair the Premises or the Building,
and this Lease shall, at Landlord’s option, not terminate and Landlord shall, at Tenant’s expense, have the right to pursue any legal and equitable remedies available to it. If the fire or other casualty shall be the fault of the Tenant,
Tenant’s employees and/or invitees, then Tenant shall pay to have the affected areas rebuilt. 
 22,. TENANT INSURANCE

 22.01. Tenant, at Tenant’s expense, shall obtain and maintain in effect at all times during the Term insurance policies
providing at least the following insurance coverage: 
 i. A policy of fire and extended coverage insurance, i.e., an “all
risk” policy covering all Tenant’s Personal Property and all other property in the Premises and Building for not less than full replacement value. Any and all proceeds of such insurance shall be used only to repair or replace the items so
insured. 
 ii. A policy covering business interruption to Tenant’s business in an amount equal to one hundred percent
(100%) of the estimated gross annual income of Tenant’s business. 
 iii. A comprehensive general liability insurance
policy, naming Landlord and any mortgages of the Building as additional insured and protecting Landlord, Tenant and any such mortgagee against any liability for bodily injury, personal injury, death or property damage occurring upon, in or about the
Premises or the Building, or arising from any of the items set forth in Section 19 against which Tenant is required to indemnify Landlord, with such policy to afford protection with a limit of not less than One Million Dollars ($1,000,000) with
respect to

  

 11 

 
bodily injury, personal injury, or death to any one person, with a limit of not less than One Million Dollars ($1,000,000) with respect to bodily injury, personal injury, or death in any one
occurrence. Landlord may require Tenant, at Tenant’s expense, to increase the limits of said insurance during the Term, provided that the total premium for such increases shall not exceed by more than twenty-five percent (25%) the premium
for the limits in force at the time of the request. 
 22.02 All insurance policies required to be obtained and maintained by
Tenant under this Lease must (i) be issued by insurance companies approved by Landlord and must have form and content satisfactory to Landlord; (ii) be written as primary policy coverage and not contributing with or in excess of any
coverage which Landlord or its mortgagees may carry; (iii) contain an express waiver of any right of subrogation by the insurance company against Landlord, its mortgagees and its agents; and (iv) provide that the policy may not be
cancelled or non-renewed unless Landlord shall have received at least fifteen (15) days prior written notice of cancellation or non-renewal. Tenant shall deliver to Landlord certified copies, or duplicate originals, to each such policy or
renewed policy, together with evidence of payment of all applicable premiums, at least ten (10) days before the Lease Commencement Date and at least thirty (30) days before the application of the expiring policies previously furnished. Any
insurance required of Tenant under this Section may be carried under a blanket policy covering the Premises and other locations of Tenant, provided Tenant shall deliver to Landlord a duplicate original or certified copy of each blanket policy, or
other evidence satisfactory to Landlord of blanket coverage and provided further that said blanket policy shall specifically set forth the amount of insurance allocated to Tenant’s insurance requirements under this Lease. Neither the issuance
of any such insurance policy nor the minimum limits specified in this Section with respect to Tenant’s insurance coverage shall be deemed to limit or restrict in any way Tenant’s liability arising under or out of this Lease. 
 22.03. In the event of increases in the insurance rates for fire insurance or other insurance carried by Landlord due to Tenant’s
activity or property on or about the Premises or the Building, or for improvements to the Premises other than Building Standard Improvements, for which Tenant is responsible, Tenant shall be liable for such increases and shall reimburse Landlord
immediately upon demand therefore. Statements by an insurance company or by the applicable insurance rating bureau that such increases are due to such activity, equipment or improvements shall be conclusive evidence for determining said liability of
Tenant. 
 23. WAIVER OF SUBROGATION 
 23.01 Landlord and Tenant each hereby releases the other, its agents, invites, or visitors from any claim for damage or loss to any person or to the Premises, the Building, any property contained therein,
or any other property, caused by or resulting from any risks insured against under any insurance policies carried by Landlord or Tenant and in force at the time of any such damage or loss to the extent such damage or loss is actually compensated by
insurance proceeds, regardless of the cause of the damage or loss (including the negligence of Landlord or Tenant or their respective agents). 
  

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 24. CONDEMNATION 
 24.01 Total Condemnation. If the whole or a substantial part of the Premises, the Building or the land on which the Building is situated (the
“Land”) is taken or condemned by any governmental authority for any purposes (or is granted to any governmental authority in lieu of condemnation, such granting being deemed a condemnation for purposes of this Lease). Landlord shall have
the right at its sole discretion to terminate the Lease upon sixty (60) days notice to Tenant, or the Term shall terminate as of the date title vests in the condemning authority, and the rent shall be abated on that date. 
 24.02. Partial Condemnation. If less than a substantial part of the Premises, the Land or the Building is taken or condemned by any
governmental authority for any purpose, or if a substantial part of the Premises, the Land or the Building is taken or condemned by any government authority for any purpose, but Landlord does not elect to terminate this Lease pursuant to the
preceding paragraph, provided that at least some portion of the Premises is taken, the rent shall be equitably adjusted as of the date title vests in the authority and this Lease shall otherwise continue in full force and effect. For purposes of
this Section, a substantial part of the Premises, the Land or the Building shall be considered to have been taken or condemned if, in the sole opinion of Landlord, the taking or condemnation shall render it commercially undesirable for Landlord to
permit this Lease to continue or to continue operating the Building. 
 24.03. Award. Tenant shall have no claim against
Landlord arising out of the taking or condemnation, or arising out of the cancellation of this Lease, or for any portion of the amount that may be awarded as damages as a result of any taking or condemnation or for the value of any unexpired portion
of the Term or for any property other than Tenant’s Personal Property, and Tenant hereby assigns to Landlord all its rights, title and interest in and to any such award; provided, however, that in the event of a total taking, Tenant may assert
any claim it may have against the condemning authority for compensation for Tenant’s Personal Property and for any relocation expenses compensable by statute, and receive such awards as may be allowed in the condemnation proceedings if such
awards shall be made in addition to and stated separately from the award made for the Land, the Building and the Premises. Landlord shall have no obligation to contest any taking or condemnation. 
 25. DEFAULT 
 25.01
Events of Default. The following events shall be deemed to be events of default by Tenant under this Lease: 
 i. Tenant shall
fail to pay, when due, any installment of Base Rent, Additional Rent, Adjustment Rent or other sums payable by Tenant hereunder; 
 ii. Tenant shall fail to comply with or observe any term, provision, covenant or condition of this Lease, including the Rules and Regulations and Sign Policy attached hereto; 
 iii. Tenant or any guarantor of Tenant’s obligations hereunder shall become insolvent or make an assignment or transfer for the benefit
of creditors; 
 iv. Any petition shall be filed by or against Tenant or any guarantor of Tenant’s obligations hereunder
under any section or chapter of the National Bankruptcy Act, as amended, or under any similar law or statute of the United States or any State thereof; or Tenant or any guarantor of Tenant’s obligations hereunder shall be adjudged bankrupt or
insolvent in proceedings filed thereunder; 
  

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 v. A Receiver or Trustee shall be appointed for all or substantially all of the assets of
Tenant or any guarantor of Tenant’s obligations hereunder; 
 vi. Tenant admits its inability to pay its debts when due;

 vii. The leasehold interest of Tenant is levied under execution; 
 viii. Tenant fails to take possession of the Premises as of the Lease Commencement Date or abandons or vacates any portion of the Premises
prior to the Termination Date; or 
 ix. If Tenant is a corporation or a general or limited partnership and if, at any time
after execution of this Lease, fifty percent (50%) of the corporate stock or partnership interests are transferred by sale, assignment, bequest, inheritance, operation of law or other disposition so as to result in a change in the present
control of said corporation or partnership. 
 25.02. Remedies of Landlord Upon Default. Upon the occurrence of any event of
default specified in this Lease, Landlord shall have the option to pursue any one or more of the following remedies in addition to and not in limitation of any other remedy permitted under law, without any notice or demand whatsoever: 
 i. Terminate this Lease by written notice to Tenant, in which event Tenant shall immediately surrender the Premises to Landlord, and if
Tenant fails to do so, Landlord, may, without prejudice to any other remedy which it may have for possession or arrearage in rent, enter upon and take possession and expel or remove Tenant and any other person who may be occupying said Premises or
any part thereof, by force if necessary, without being liable for prosecution or any claim for damages therefor. 
 ii. Without
terminating this Lease, enter upon and take possession of the Premises and expel or remove Tenant and any other person who may be occupying the Premises or any part thereof, without being liable for prosecution or any claim for damages thereof and,
if Landlord so elects, relet the premises on such terms as Landlord shall deem advisable. 
 iii. Enter upon the Premises,
without being liable for prosecution or any claim for damages therefor and do whatever Tenant is obligated to do, under the terms of this Lease; and Tenant agrees to reimburse Landlord, upon demand for any expenses which Landlord may incur in
effecting compliance with Tenant’s obligations under this Lease and Tenant further agrees that Landlord shall not be liable for any damages resulting to the Tenant from such action. 
 iv. Sell, at public or private sale, all or any part of the goods, chattels, fixtures and other personal property belonging to Tenant which
are or may be put in the Premises during the Term, whether exempt or not from sale under execution or attachment (it being agreed that said property shall at all times be bound with a lien in favor of Landlord and shall be chargeable for all rent
and for the fulfillment of the other covenants and agreements herein contained) and apply the proceeds of such sale, first, to the payment of all costs and expenses of conducting the sale (including attorney’s fees) or caring for or storing
said property; second, toward the payment of

  

 14 

 
any indebtedness, including, without limitation, indebtedness for rent which may be or may become due from Tenant to Landlord; and third, to pay the Tenant, on demand in writing, any surplus
remaining after all indebtedness of Tenant to Landlord has been fully paid. 
 25.03. Liability of Tenant Upon Default. Tenant
further agrees that notwithstanding any termination, re-entry, and/or re-letting pursuant to Section 25.02, Tenant shall remain liable for any rent, damages, and expenses of repossession, which may be due or sustained prior thereto, and all
reasonable costs, professional fees and expenses (including attorney’s fees) incurred by Landlord in pursuit of its remedies hereunder, or in leasing or attempting to lease the Premises to another Tenant, including any repairs or remodeling
undertaken by Landlord following repossession and Tenant shall further be liable for liquidated damages to be calculated in the following manner: Tenant shall pay an amount of money equal to the total rent which but for such termination would have
become payable during the unexpired portion of the lease term remaining at the time of such termination (including Base Rent, Additional Rent, Adjustment Rent, and all other sums payable hereunder), plus all costs of collecting said liquidated
damages, including attorney’s fees, less the amount of rent, if any, which Landlord may receive during such period from others to whom the Leased Premises may be rented on such terms and conditions and at such rentals as Landlord, in its sole
discretion, shall deem proper. Such liquidated damages shall be payable in monthly installments, in advance, on the first day of each calendar month following such termination and continuing until the date originally fixed herein for the expiration
of the Term. Any suit or action brought to collect the amount of any deficiency for any month or months shall not, in any manner, prejudice the right of landlord to collect any deficiency for any subsequent month or months by a similar proceeding.
Any additional rent due hereunder shall be payable, as part of such liquidated damages, on an annual basis provided therein during the remainder of the Term. Within one month after the termination date of this Lease, Landlord shall give a written
statement to Tenant showing all sums received from others to whom the Leased Premises may have been rented. In the event it appears that Tenant has paid a greater sum of money than is due, as determined by the terms of this paragraph (d) of
this Section, then, and in such event, Landlord will promptly refund to Tenant any such excess. 
 No re-entry or taking
possession of the Premises by Landlord shall be construed as an election on its part to terminate this Lease, unless a written notice of such intention is given to Tenant. Notwithstanding any such re-letting or re-entry or taking possession,
Landlord may at any time thereafter elect to terminate this Lease for a previous default. Landlord’s acceptance of rent following an event of default hereunder shall not be construed as Landlord’s waiver of such breach of any of the terms,
provisions and covenants herein contained nor shall any such acceptance of rent be deemed or construed to constitute a waiver of any other violation or default. 
 25.04. Liability of Tenant for Renovation Expenses. Tenant agrees that if the Lease is terminated through default before the expiration of the Term, Tenant shall reimburse Landlord for any landlord
renovation or building expenses prorated on a monthly basis to the nearest full month for that portion of the lease remaining. The expenses may include but are not limited to painting, carpeting, electrical work, and renovations. 
 25.05. Waiver of Jury Trial. Landlord and Tenant hereby waive trial by jury in any action, proceeding or counter claim brought by either of
them against the other with respect to any matter whatsoever arising out of or in any way connected with this Lease, the relationship of landlord and Tenant hereunder, Tenant’s use or occupancy of the Premises or any claim of injury or damage.

  

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 26. HOLDING OVER. 
 26.01. Should Tenant remain in possession of all or any part of the Premises after the expiration of the term of this lease, such holding
over shall, in the absence of a written agreement to the contrary, be construed to create a tenancy from month to month, terminable on thirty (30) days written notice from either party to the other, at a monthly rental equal to the total of:
(1) 200% of the monthly installment of Base Rent (as adjusted) payable during the last month of the term of this Lease; (2) Tenant’s Proportionate Share of Operating Expenses and Real Estate Operating Expenses; and (3) all other
charges payable under this Lease. All terms and conditions of this lease shall remain in full force and effect during any month-to-month tenancy created hereunder. 
 27. RIGHT OF LANDLORD TO CURE TENANT’S DEFAULT. 
 27.01. If Tenant defaults in
the making of any payment or in the doing of any act required to be made or done under this Lease by Tenant, then Landlord may, but shall not be required to, make such payment or do such act, and, unless a different rate is specified herein, the
expense thereof, if made or done by Landlord, with interest thereon at the rate of fifteen percent (15%) from the date paid by Landlord shall be paid by Tenant to Landlord and shall constitute additional rent; but the making of such payment or
the doing of such act by Landlord shall not operate to cure the default or to estop Landlord from the pursuit of any remedy to which Landlord would otherwise be entitled. 
 28. WAIVER. 
 28.01. No failure by landlord to insist upon the strict performance
by Tenant of any provision of this Lease or to exercise any right or remedy for default hereunder, and the acceptance by Landlord of full or partial rent during the continuance of any such default shall constitute a waiver of the default or of the
provision, and no default shall be waived or modified except by written instrument executed by Landlord. No waiver of any default or compromise or settlement of any proceeding instituted by Landlord shall affect or alter this Lease or constitute a
waiver of any of its provisions, but each and every provision of this Lease shall continue in full force and effect with respect to any other then existing or subsequent default. No payment by Tenant, or receipt by Landlord, of a lesser amount than
the correct monthly Base Rent or Additional Rent shall be deemed to be other than a payment on account, nor shall any endorsement or statement on any check or letter accompanying any check for payment of rent of any other amounts owed to Landlord
effect or evidence an accord and satisfaction, and Landlord may accept such check or payment without prejudice to Landlord’s right to recover the balance of the rent or other amount owed or to pursue any other remedy provided in this Lease or
at law. No reentry by landlord, and no acceptance by Landlord of keys from Tenant, shall operate as a termination of this Lease or a surrender of the Premises. 
  

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 29. SUBORDINATION, ATTORNMENT AND ESTOPPEL. 
 29.01. Subordination. Tenant acknowledges and agrees that this Lease is subject and subordinate to the lien of any and all mortgages or deeds
of trust which may now or hereafter encumber or otherwise affect the Building or Land. If a mortgagee shall so elect by notice to Tenant or by the recording of a unilateral declaration of subordination, this Lease and Tenant’s rights hereunder
shall be superior and prior in right to the mortgage of which such mortgagee has the benefit, with the same force and effect as if this Lease had been executed, delivered and recorded prior to the execution, delivery and recording of each mortgage
subject, nevertheless, to such conditions as may be set forth in any such notice or declaration. Landlord will request a non-disturbance agreement from Lender. 
 29.02. Attornment. Tenant shall accept performance of any of Landlord’s obligations hereunder by any mortgagee. 
 29.03 Estoppel. Tenant shall, without charge and within ten (10) days after receipt of request therefor by Landlord, execute, acknowledge and deliver to Landlord a written estoppel certificate
certifying that Landlord is not in default of any covenant of this Lease and that the Lease has not been modified (or if there has been a modification that the Lease is in full force and effect as modified and setting forth such modification), and
specifying the dates, if any, to which any rent or other charges have been paid in advance. 
 30. ASSIGNMENT AND SUBLETTING.

 30.01. Assignments Prohibited. Tenant shall not, without the prior consent of Landlord (which consent shall not be
unreasonably withheld) in each instance (i) assign or otherwise transfer, mortgage or otherwise encumber this Lease or any of its rights hereunder; (ii) assign or otherwise transfer this Lease to anyone other than Tenant or its agents; or
(iii) permit the assignment or other transfer of this Lease or any of Tenant’s rights hereunder by operation of law. Any attempted or proposed transfer, assignment, mortgaging or encumbering this Lease or any of Tenant’s interest
thereunder and any attempted or purported subletting or grant of a right to use or occupy all or a portion of the Premises in violation of the foregoing sentence shall be null and void and shall not confer any rights upon any purported transferee,
assignee, mortgage, subleasee, or occupant. 
 30.02. Landlord’s Option to Sublet. In addition, Tenant may not assign or
transfer this lease, nor subject (or permit occupancy or use of) the Premises, or any part thereof without giving Landlord thirty (30) days prior notice of Tenant’s intention to assign or sublet all or any part of the Premises. For thirty
(30) days following receipt of said notice, Landlord shall have the right, exercisable by sending notice to Tenant, to sublet from Tenant for the balance of the Term of this Lease all or a portion of the Premises in the event Tenant notified
Landlord of its intention to sublet the Premises or a portion thereof, at the same rental Tenant is obligated to pay Landlord hereunder. In the event Landlord does not exercise its right to sublet such space within thirty (30) days from receipt
of said notice, Tenant may assign or transfer or sublet such space if Tenant has obtained the prior written consent of Landlord. In the event that Tenant defaults hereunder, Tenant hereby assigns to Landlord the rent due from any approved subtenant
and hereby authorizes each such subtenant to pay said rent directly to landlord. The consent by Landlord to any assignment, transfer, or subletting to any part shall not be construed as a waiver or release of Tenant under the terms of any covenant
or obligation under this Lease, nor shall the

  

 17 

 
collection or acceptance of rent from any such assignee, transferee, subtenant or occupant constitute a waiver or release of Tenant of any covenant of obligation contained in this Lease, nor
shall any such assignment, transfer or subletting be construed to relieve Tenant from giving Landlord said thirty (30) days notice or from obtaining the Consent of Landlord to any further assignment, transfer or subletting. 
 30.03. Excess Rents Payable to Landlord. In the event Landlord does not exercise its right to have all or a portion of the Premises, as the
case may be, subleased or assigned to it, but gives Tenant its consent to assign, transfer, or sublet all or a portion of the Premises to a third party, any monthly rent or other payment occurring to Tenant as the result of any such assignment,
transfer, or sublease which is in excess of the rent then payable by Tenant under the Lease, 50% of excess shall be paid by Tenant to the Landlord monthly as additional rent. Any subtenant shall provide Landlord with evidence satisfactory to
Landlord as to the amount of rent and other charges payable by subtenant upon demand. 
 30.04. Tenant Liable for Costs of
Assignment. Tenant shall be responsible for any costs and expenses, including attorney’s fees, incurred by Landlord in connection with any proposed or purported assignment, transfer or sublease. 
 30.05. Prohibited Assignments. Anything contained in the foregoing provisions of this section notwithstanding, neither Tenant nor any other
person having an interest in the possession, use, occupancy or utilization of the Premises which provides for rental or other payment for such use, occupancy or utilization based, in whole or in part, on the net income or profits derived by any
person from the premises leased, used, occupied or utilized (other than an amount based on a fixed percentage or percentages of receipts or sales), and any such purported lease, sublease, license, concession or other agreement shall be absolutely
void and ineffective as a conveyance of any right to interest or in the possession, use, occupancy or utilization of any part of the Premises. 
 31. TRANSFER BY LANDLORD. 
 31.01. Landlord may freely assign or otherwise transfer
all or any portion of its interest under this Lease or in the Premises or the Building, and in the event of any such sale, assignment or other transfer, the party originally executing this Lease as landlord, and any successor or affiliate of such
party shall, without further agreement between Landlord and Tenant or between Landlord and/or Tenant and the person who is the purchaser, assignee or Landlord, be relieved of any and all of its obligations under this lease, and Tenant shall
thereafter be bound to such purchaser, assignee or other transferee, as the case may be, with the same effect as though the latter had been the original Landlord hereunder. 
 32. INABILITY TO PERFORM. 
 32.01. This Lease and the obligations of Tenant to pay rent and perform all of the provisions on the part of Tenant to be performed hereunder shall in no way be affected, impaired or excused, nor shall Tenant have any claim against the
Landlord for damages because Landlord, due to Unavoidable Delays, is unable to fulfill any of its obligations under this Lease, including, but not limited to, the obligations to supply any service expressed or implied to be supplied, make any
repairs, replacements, additions, alterations, or decorations, or supply any improvements, utility, equipment, or fixture. 
  

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 32.02. BROKERS. 
 33.01. Landlord and Tenant each represents and warrants to the other that (except as hereinafter Street forth) neither of them has employed
any broker in carrying on any negotiations relating to this Lease. Landlord and Tenant shall each indemnify and hold harmless the other from any claim for brokerage or other commission arising from or out of any breach of the foregoing
representation and warranty. Any representation or statement by a leasing company, broker, or any third party (or employee thereof) engaged by Landlord as an independent contractor which is made with regard to the Premises or the Building shall not
be binding upon Landlord nor serve as a modification of this Lease, and Landlord shall have no liability the for, except to the extent such representation is also contained herein or is approved in writing by Landlord. Landlord recognizes the Ezra
Company as broker for Tenant and agrees to pay a commission of 3.5% of the aggregate escalated base rent for the initial term of the Lease. 
 34. RIGHTS RESERVED BY LANDLORD. 
 34.01. Landlord shall have the following rights,
exercisable without notice and without liability to Tenant for damage or injury to property, person or business and without effecting an eviction, constructive or actual, or disturbance of Tenant’s use or possession of the Premises or giving
rise to any claim for set-off or abatement of rent: 
 i. To change the Building’s name or street address; 
 ii. To install, affix, maintain and remove any and all signs on the exterior of the Building; 
 iii. To designate and/or approve or disapprove, prior to installation, all window shades, blinds, drapes, awnings, window ventilators and
other similar equipment, and to control all internal lighting that may be visible from the exterior of the Building; 
 iv. To
decorate or make repairs, alterations, additions or improvements, whether structural or otherwise, in and about the Building or any part thereof, and for such purposes to enter the Premises, and during the continuance of any of such work, to
temporarily close doors, entry ways, common or public spaces and corridors in the Building and to interrupt or temporarily suspend Building services and facilities, all without affecting any of Tenant’s obligations hereunder, so long as the
Premises are reasonably accessible. 
 v. To grant to anyone the exclusive right to conduct any business or render any service
in the Building, provided such exclusive right shall not operate to exclude Tenant from the use expressly permitted herein; and 
 vi. To retain absolute dominion and control over all common or public space within the Building notwithstanding any obligations of Tenant to pay rent or expenses for a pro rata portion thereof. 
  

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 35. NOTICES. 
 35.01. No notice request, consent, approval, waiver or other communication which may be or is required or permitted to be given under this Lease shall be effective until the same is in writing and is
delivered in person or sent by registered or certified mail, return receipt requested, first-class postage prepaid, addressed as follows: 
  

			
	If to Landlord:	  	 William F. Chesley
 222
Defense Highway #101
 Crofton, MD 21114

		
	With Copies To:	  	
		
	If to Tenant:	  	

  

			
	Prior to Lease Commencement Date:	  	After Lease Commencement Date:
		
	Attention:	  	Attention:

 or at any other address that may be given by one party to the other party by notice in accordance
with this Section. Such notices and other communications, if sent by registered or certified mail, shall be deemed to have been given at the time of mailing. If any Mortgagee shall notify Tenant that it is the holder of a Mortgage affecting the
Premises, no notice, request or demand thereafter sent by Tenant to Landlord shall be effective unless and until a copy of the same shall also be sent to such Mortgagee in the manner prescribed and to such address as such Mortgagee shall designate.

 36. LENDER APPROVAL. 
 36.01. Lease Subject to Lender’s Approval. If at any time within sixty (60) days from the date hereof any of Landlord’s mortgage lenders (the “Mortgagee”) fails to give its
consent to this Lease, Landlord shall have the right, at its sole option, to terminate and cancel this Lease. Such option shall be exercisable by Landlord giving Tenant written notice of such termination, whereupon this Lease shall be cancelled and
terminated, and both Landlord and Tenant shall thereupon be relieved from any and all further liability or obligation hereunder. 
 36.02. Modifications Required by Lender. In the event that any Mortgagee requires that modification to this Lease be obtained, and provided that such modifications (i) do not substantially affect Tenant’s use of the Premises as
herein permitted, and (ii) do not increase the rental and other sums required to be paid by Tenant hereunder, Landlord shall submit such required modifications to Tenant, and if Tenant does not enter into and execute a written amendment hereto
incorporating such required modifications within thirty (30) days after the same have been submitted to Tenant by Landlord, then Landlord shall thereafter have the right, at its sole option, to terminate and cancel this Lease. Such option shall
be exercisable by Landlord giving Tenant notice of such termination, whereupon this Lease shall be cancelled and terminated, and both Landlord and Tenant shall thereupon be relieved from any and all further liability or obligation hereunder.

  

 20 

 37. MISCELLANEOUS PROVISIONS. 
 37.01. Benefit and Burden. Except as otherwise set forth herein, the provisions of this Lease shall be binding upon and shall inure to the
benefit of the parties hereto and each of their respective successors and assigns. 
 37.02. Governing Law. This Lease shall be
construed and enforced in accordance with the laws of the State of Maryland. 
 37.03. No Partnership. Nothing contained in this
Lease shall be deemed or construed to create a partnership or joint venture of or between Landlord and Tenant, or to create any other relationship between the parties other than that of Landlord and Tenant. 
 37.04. No Representations by Landlord. Neither Landlord nor any agent of Landlord has made any representations or promises with respect to
the Premises or the Building except as herein expressly set forth, and no rights, privileges, easements or licenses are granted to Tenant except as herein set forth. Tenant acknowledges that Tenant is aware that the Landlord, William F. Chesley, is
a licensed real estate broker in the state of Maryland and waives any conflict of interest on the Landlord’s part. 
 37.05. Pronouns. Feminine or neuter pronouns shall be substituted for those of the masculine form, and the plural shall be substituted for the singular number, in any place or places in this Lease in which the context may require such
substitution or substitutions. For convenience the Landlord and Tenant have each been referred to in the neuter form to this Lease. 
 37.06. Captions. The captions used herein are for convenience of reference only and are no part of this Lease, and shall in no way be deemed to define, limit, describe, or modify the meaning of any provision of this Lease. 
 37.07. Meaning of Including. Whenever the word “including” is used herein, it shall be deemed to mean “including but not
limited to”. 
 37.08. Invalidity of Particular Provisions. If any term or provision of this Lease or application thereof
to any person or circumstance shall, to any extent, be invalid or unenforceable, the remaining terms and provisions of this Lease, or the application of such term or provision to persons or circumstances other than those as to which it is held
invalid or unenforceable, shall not be effected thereby, and each term and provision of this Lease shall be valid and enforced to the fullest extent permitted by law. 
 37.09. Counterparts. This Lease has been executed in several counterparts, but all counterparts shall constitute one and the same legal document. 
 37.10. Entire Agreement. This Lease, and any exhibits and addenda attached hereto, contain and embody the entire agreement of the parties
hereto, and no representations, inducements or agreements, oral or otherwise, between the parties not contained in this Lease or in the exhibits or addenda, if any, shall be of any force or effect. This Lease may not be modified, changed or
terminated in whole or in part on any manner other than by an agreement in writing duly signed by the parties hereto. 
  

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 37.11. Mortgagee’s Liability. No Mortgagee not in possession of the Premises or the
Building shall have any liability hereunder. 
 38. ABOVE STANDARD IMPROVEMENTS CLAUSE. 
 Landlord shall provide the Above Standard Improvements, which exceed the Tenant allowance as described in Exhibit C in this Lease and as
shown on Exhibit B. The Above Standard Improvements Costs shall be amortized over the term of the Lease, which shall include an interest carrying charge of twelve percent (12%). The Above Standard Improvements Costs shall be collected as rent to
Landlord and shall be subject to the terms and provisions of the Lease. 
 IN WITNESS WHEREOF, the parties hereto have set their
hands and seals as of the day and year first above written. 
  

					
	Witness:	 		 	Landlord:
			
	  
	 		 	  

		 		 	William F. Chesley
			
	Witness:	 		 	Tenant:
		 		 	SFA, Inc.
			
	  
	 		 	  

		 		 	By:
		 		 	Title:

  

 22 

 The listed exhibits to this Lease have been omitted. Global Defense Technology & Systems, Inc. agrees to
furnish a copy of any omitted exhibit to the Securities and Exchange Commission upon request. 
  

 23Exhibit 10.18

 Exhibit 10.18 
 SUB-LEASE 
 This Sub-lease, made this 1st day of July, 2003, between Queensbury Village, Inc., 234 North James
Street., Newport, DE 19804 (hereinafter the “Landlord”) and SFA Inc., Frederick Manufacturing Division (hereinafter the “Tenant”). 
 The Landlord hereby sublets unto Tenant and Tenant hereby hires and takes from Landlord the rental space (the “rental space”) as more particularly described in paragraph 1a below, being a part of a 245,910 square foot building
(the “Building”) located on that the real property known as 28712 Glebe Road, Easton, MD, as shown on Exhibit A attached (the “property”). The word “property” shall include common areas. The rental space shall be as
approximately defined as set forth on Exhibits B. The parties acknowledge that the Landlord cannot deliver all the rental space as reflected; however, Landlord is anticipating delivery as approximately set forth below. 
 To have and to hold the premises unto Tenant, its successors and assigns subject to all of the following terms, covenants, conditions, and agreements herein
contained for a term of two (2) years commencing occupancy on or about July 1, 2003 and ending June 30, 2005, or until said term is sooner terminated pursuant to any provisions of this sub-lease (“Lease Term”). 

1. RENT: Tenant will pay rent to the Landlord at the Landlord’s address. Each monthly installment is due before the sixth day of the month for which
it is made. Tenant’s share of common expenses are payable with the monthly installment of rent. 
 a. The monthly installment of rent shall
be based on the amount of square footage of the Building used by the Tenant and as agreed to between the parties. It is initially believed that the Tenant will lease space per the following schedule: 
  

					
	32,000 square feet of Building	  	–	  	July 1, 2003 to July 31, 2003
	89,000 square feet of Building	  	–	  	August 1, 2003 to August 31, 2003
	120,000 square feet of Building	  	–	  	September 1, 2003 to September 30, 2003

 b. The rate of rent shall be $3.00 (on an annualized basis) per square foot until such time as the
Tenant takes 120,000 square feet of the Building. 
 From the time Landlord makes 120,000 square feet of the Building available to Tenant
(anticipated to be about October 1, 2003), the rate of rent shall be adjusted to $2.00 a square foot. This rental rate of $2.00 per square foot will be in effect for a period of one (1) year – measured ten (10) days from the date
Landlord provides notice to Tenant that 120,000 square feet is available. 
 Should Landlord be unable to make available 120,000 feet of the
Building by October 1, 2003, then the rate of rent shall be adjusted to $2.00 per square feet for that area of the Building in possession of the Tenant – for a period of one (1) year. 
 After the expiration of the aforementioned one year period of Tenant paying rent at $2.00 per square foot, the rental rate shall be adjusted to $3.00 per
square foot through the end of the Lease Term. 
  

 1 

 Tenant agrees to take at least 120,000 square feet of floor space of the Building when offered by the
Landlord. In light of where to satisfactorily divide the rental space among columns the parties further agree that they will mutually agree, which agreement shall not unreasonably be withheld, to the final configuration – not withstanding that
it might not equal 120,000 square feet – it will be deemed to equal 120,000. 
 c. Landlord warrants that it shall use reasonable efforts to
make available at least 120,000 square feet of Building to Tenant on or before October 1, 2003. 
 d. For the initial Lease Term of two
years the common area maintenance costs and the cost of real estate taxes and insurance for the property shall be fixed at $.85 per square foot leased by Tenant. This shall be in addition to the monthly installment of rent as provided for in
paragraph 1b above. 
 e. Notwithstanding any provision herein to the contrary, before July 1, 2004, Tenant shall have a one-time right to
decrease the amount of the square feet rented to an amount not less than 50,000 square feet. Tenant shall give Landlord at least 90 days notice of such diminution, otherwise such notice shall have no effect. 
 f. Timely payment is of the essence of this sub-lease and Tenant may not delay or refuse any payment of any kind for any reason. For each payment that is
late, and for each check on Tenant’s account deposited by Landlord and returned unpaid for any reason, Tenant will pay on demand for Landlord’s additional expense an amount equal to the greater of $100.00 or 5% of the check or late amount,
plus interest at the lower of 18% per year or the maximum rate allowed by usury protection where the property is located. 
 2. POSSESSION:
The Tenant acknowledges that the Building will be shared with other tenants. The parties agree to mutually determine the amount of square footage available to lease to the Tenant. It is contemplated that the rental space (approximately 32,000 square
feet) will be ready for the Tenant on or about July 1, 2003 or as soon thereafter as is reasonably possible. Tenant accepts the rental space in “AS IS” condition as of the date of this sub-lease. If a certificate of occupancy is
required the parties shall mutually seek same, with any costs equally divided. 
 3. USE OF RENTAL SPACE: 
 a. Tenant may use the rental space for light manufacturing, warehousing and office. The rental space shall not be used for any other purpose without the
written consent of the Landlord. 
 b. Tenant shall comply with all governmental laws, ordinances and regulations applicable to use of the rental
space, and shall promptly comply with all governmental orders and directives for the correction, prevention and abatement of nuisances in or upon or connected with its use of the rental space, all at Tenant’s sole risk and expense. 

c. Tenant shall have the right to use the parking areas (as delineated on Exhibits B), which are part of the common areas. Additionally, the Tenant shall
have the right to use those restrooms located at column D-8/9. Landlord will not be responsible for maintaining the visual

  

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appearance of the lot area. It is anticipated that the tenant will not be responsible to provide any screening that may be required by the local government in the outside area of container
staging. 
 4. UTILITY SERVICES: The Landlord shall, at its expense, furnish a heating and cooling system for the rental space. The Tenant shall
pay for all electricity, gas, fuel oil, sewer charges, and water consumed by the Tenant on the rental space. 
 5. MAINTENANCE BY LANDLORD:
Landlord shall at its expense maintain, including replacement if necessary, only the roof, foundation, HVAC equipment, and the structural soundness of the exterior walls of the building in good repair and condition, including termite eradication
throughout, but excluding all windows, window glass, plate glass, and all doors. Notwithstanding the foregoing, Tenant shall repair and pay for any damage caused by Tenant’s negligence or default hereunder or that of its agents, invitees,
employees, and customers. Tenant shall immediately give written notice to Landlord of the need for repairs and Landlord shall proceed promptly to make such repairs. Landlord’s liability hereunder shall be limited to the cost of such repairs or
corrections. 
 6. MAINTENANCE BY TENANT: 
 a. Tenant covenants throughout the term, at its expense, to maintain in good order and repair the interior structure of the rental space, and to maintain and replace when necessary, all window and door glass therein, interior and exterior,
to maintain and repair all building service equipment therein including, but not limited to, electrical, plumbing, and sprinkler equipment, pipes, wires, ducts, fixtures, and appliances; to make all ordinary and necessary repairs, to keep the rental
space in a safe, clean and sanitary condition, to provide for the removal of trash and rubbish, and to surrender the rental space at the end of the term in as good condition as when received except for ordinary wear and use. Tenant shall be
responsible for the maintenance of the restrooms on the First and Second Floors. 
 b. Notwithstanding anything herein contained, the
Landlord’s obligation with respect to the repair of any damage to the rental space caused by fire or other casualty or by a condemnation shall be determined under the provisions of paragraphs 7 and 8, respectively, and not of this Paragraph.

 c. Should Landlord fail to perform any of the duties required to be performed by it pursuant to this paragraph of this Sub-lease within
forty-five (45) days after such failure (and after providing notice to Landlord of such failure), Landlord agrees that Tenant may have the necessary work performed by a responsible contractor to be selected by the Tenant after receiving three
(3) bids for the required work. The Tenant shall not, however, have any required work performed without first giving the Landlord thirty (30) days notice in writing. The Tenant may deduct the cost of all such necessary repairs to the
rental space, which it has made from the monthly rent or rentals. 
 7. FIRE AND OTHER CASUALTIES: If the rental space is damaged or destroyed
by fire or other casualty, Tenant shall give prompt notice thereof to Landlord. 
 a. If in the mutual judgment of Tenant and Landlord, the
rental space is not usable for Tenant’s purposes the Landlord may, at its option, either terminate this Sub-lease or elect to

  

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repair and/or rebuild the Rental space. The Landlord shall notify the Tenant as to its election within thirty (30) days after Tenant’s notice to Landlord. If the Landlord elects to
terminate this Sub-lease, the Sub-lease shall be deemed terminated as of the date of the casualty, any rent paid being appropriately apportioned. If the Landlord elects to rebuild and/or repair the Rental space, the Landlord and Tenant shall, as
soon as possible after receipt by Tenant of Landlord’s notice, enter into good faith negotiations to determine the terms for the repair or rebuilding of the rental space, it being understood that in no event shall rent accrue or be payable
hereunder between the date of the casualty and completion of all repairs. If, within sixty (60) days after Tenant has notified Landlord of the occurrence of a casualty, no satisfactory terms have been reached, the Tenant may terminate the
Sub-lease without liability as of the date of casualty, any rent paid being appropriately apportioned. 
 All such work to be performed by
Landlord, hereunder shall be done in such manner that upon completion thereof, the Rental space as restored shall be as useful for its intended purposes as immediately prior to the occurrence of the casualty. 
 b. If, in the mutual judgment of the Landlord and Tenant, the Rental space is usable for Tenant’s purposes, such destruction shall in no way annul or
void the Sub-lease, except that, the annual rent payable under Para. 1 hereof shall be appropriately reduced and adjusted between Landlord and Tenant as of the date of the occurrence of the casualty, which reduction shall be in accordance with the
ratio which the area of the damaged Rental space bears to the area of the rental space prior to the occurrence of the casualty. The Landlord shall restore the Rental space within a single one hundred twenty (120) day period; provided, however,
that in the event Landlord is unable to complete the necessary repairs within said one hundred twenty (120) day period because of events beyond its control, such as inclement weather, strikes, lack of an available work force, or acts of God,
then the one hundred twenty (120) day period shall be adjusted to reflect the delays caused by such events. 
 8. CONDEMNATION: 

a. If the rental space shall be taken under any condemnation or eminent domain proceeding, or if such part of the Rental space shall be taken that in the
mutual judgment of the Landlord and Tenant, the remainder is not suitable for the Tenant’s purposes as set forth in Paragraph 3 hereof, then this Sub-lease shall terminate as of the date Tenant’s use and occupancy thereof was terminated.
Any rent paid shall be appropriately apportioned. 
 b. If any part of the rental space shall be taken under any condemnation or eminent domain
proceeding that, in the mutual judgment of the Landlord and Tenant, the remainder is suitable for the Tenant’s purposes as set forth in Paragraph 3 hereof, then the annual rent payable under Paragraph 1 hereof shall be appropriately reduced and
adjusted between Landlord and Tenants as of the date Tenant shall be required to surrender to the taking authority the taken portion of the rental space, which reduction shall be in accordance with the ratio which the area of the taken portion of
the rental space bears to the area of the entire Rental space prior to the taking. 
 c. Tenant shall not be entitled to compensation for the
value of its leasehold interest. 
 The provisions of this Paragraph 8 shall survive termination or expiration of this Sub-lease. 
  

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 9. ALTERATIONS, CHANGES AND IMPROVEMENTS: Tenant shall not create any openings in the roof or exterior
walls, nor make any alterations, additions, or improvements to the rental space without the Landlord’s prior consent. Consent for those alterations, additions or improvements shall not be unreasonable withheld by Landlord. Tenant shall have the
right at all times to install Tenant’s shelves, bins, equipment [consistent with the Tenant’s intended use of the rental space] (and with Landlords approval, which shall not unreasonably be withheld, Tenant signage and communications
antenna [approximately 14 inches in height]); provided, Tenant complies with all applicable governmental laws, ordinances and regulations, and further provided that such installations by Tenant shall not overload, damage or deface the rental space
and shall be done in good and workmanlike manner. 
 In making any alterations, additions or improvements, Tenant shall not do or suffer, nor
have power to do or suffer, anything to be done whereby the rental space may be encumbered by a mechanics’ lien or claim. Nothing contained herein shall be taken as giving expressly or impliedly to Tenant any power to subject the rental space
to any mechanics’ lien or claim, it being intended that whatever is done by Tenant shall be done solely at Tenant’s own cost, risk and expense. Tenant shall whenever and as often as any mechanics’ lien or claim is filed against the
Rental space purporting to be for labor or materials furnished or to be furnished, discharge the same of record within ten (10) days after the date of filing, or deposit with Landlord an amount equal to the amount claimed in such
mechanics’ lien proceeding or claims. Tenant shall save Landlord harmless from and indemnify Landlord against, any and all claims for injury, loss or damage to persons or property caused by or resulting from the doing of any such work.

 10. ASSIGNMENT AND SUBLEASING: Provided Tenant is not in default of any of the terms, conditions or covenants contained in this Sub-lease,
Tenant shall not, without the prior consent of the Landlord, which consent shall not be unreasonable withheld, assign this Sub-lease or sublet to an affiliated company of Tenant or its parent company. No assignment or subletting shall be for any use
which is unlawful, detrimental to the rental space, more hazardous on account of fire or otherwise, or for a use that will cause greater wear and tear than the use for which the rental space is leased as defined in Paragraph 3 hereinabove for a term
which would extend beyond the termination date of the primary term of this Sub-lease. Notwithstanding any such sublease or assignment, Tenant shall remain principal obligor to the Landlord under all the terms, conditions, covenants and obligations
of this Sub-lease; and, the acceptance of an assignment or subletting of the rental space by any firm, person or corporation shall be construed as a promise on the part of such assignee or subtenant to be bound by and perform all of the terms,
conditions and covenants by which Tenant herein is bound. No such assignment or subletting shall be construed to constitute a novation or a release of any claim Landlord may then or thereafter have against Tenant hereunder. In the event of default
by Tenant while the rental space is assigned or sublet, Landlord, in addition to any other remedies provided herein (or provided by law), may at Landlord’s option, collect directly from such assignee or subtenant all rents becoming due to
Tenant under such assignment or sublease and Landlord may apply such rent against any sums due to Landlord by Tenant hereunder. No direct collection by Landlord from any such assignee or subtenant shall release Tenant from the further performance of
its obligations hereunder. 
 11. LANDLORD’S RIGHT OF ENTRY: Landlord shall have the right to enter upon the rental space or any part
thereof without charge at all reasonable time and in the case of

  

 5 

 
emergency, at any time, for the purpose of determining whether the covenants herein contained are being carried out by Tenant, to inspect the physical condition of the rental space, to make or
facilitate any repairs or alterations to the rental space (but nothing contained in this Para. shall obligate Landlord to make any repairs or alterations), to show the rental space to prospective purchasers or tenants and Tenant shall not be
entitled to any abatement or reduction of rent damages by reason of any of the foregoing. Provided, however, that any such access shall only be allowed if Landlord or his representative is accompanied by an employee of the Tenant, and Tenant hereby
agrees not to unreasonably withhold the providing of said employee for this purpose. 
 12. DISPUTES: Any dispute arising out of this Sub-lease
shall be settled by arbitration as provided herein (Philadelphia Office). Within ten (10) days after either party shall have requested arbitration in writing, the parties shall agree on an impartial arbitrator, and failing agreement, he shall
be selected by the American Arbitration Association at the request of either party. The arbitration shall be conducted in accordance with the rules then obtaining of the American Arbitration Association and judgment upon the award granted by the
arbitrator may be entered in any court having jurisdiction thereof. Fees, costs and expenses of the arbitrator shall be borne by the party against whom the arbitrator shall be determined or, in the case of determination by compromise by the parties
in such proportion as the arbitrator shall designate. 
 13. QUIET ENJOYMENT: Landlord covenants that so long as Tenant is not in default
hereunder, Tenant shall peacefully and quietly have, hold and enjoy the rental space for the term of this Sub-lease. 
 14. NOTICES: Unless
otherwise provided in this Sub-lease, all notices, demands, requests or other communications hereunder which may be or are required to be given by either party to the other shall be in writing and shall be deemed to have been duly given, effective
upon mailing first class certified mail, return receipt requested, to the appropriate party at its address as set forth below or to such other address as may have been furnished in writing to the party giving the notice by the party to whom notice
is to be given: 
  

			
	TO TENANT:	  	 SFA Inc., Frederick Manufacturing Division
 20 South Wisner Street
 Frederick, MD 21701
 Attn.: Keith Buchanan

		
	TO LANDLORD:	  	 Queensbury Village, Inc.
 234
North James Street
 Newport, DE 19804
 Attn.: Gregory Pettinaro

 15. SURRENDER: Tenant shall, upon expiration of this Sub-lease, quit and surrender the rental space
in the same condition in which said rental space was at the beginning of this Sub-lease, except for reasonable wear and tear, natural deterioration beyond the control of Tenant and damage by fire or other casualty not caused by Tenant, its agents,
invitees, employees or customers or tornado. Tenant shall remove from the rental space any and all alterations, additions, improvements, equipment and fixtures installed by Tenant. Any damage done to the

  

 6 

 
rental space by the Tenant’s removal of anything, which may so be removed hereunder by Tenant, shall be repaired by the Tenant at its sole cost and expense. Landlord may, but need not, treat
as abandoned any property in the rental space at lease end. This paragraph shall survive ending of the sublease. 
 16. REAL ESTATE TAXES:

 The Landlord covenants that it shall pay all special charges and assessments levied or otherwise imposed on the rental space (except for those
relating to Tenant’s business use of the rental space) including, but not limited to, special charges and assessments for the construction, installation, repairs and maintenance of roads, sewage systems and street lighting. In the event of
non-payment thereof, Tenant shall have the option of paying the same and crediting such payment against rent due or to become due hereunder. 
 17. INSURANCE: 
 a. Tenant shall provide comprehensive liability insurance coverage on the rental space issued by an insurance company
and broker acceptable to the Landlord, naming Landlord as an additional named insured, covering both property and bodily injury, with limits of at least $1,000,000 per occurrence and $2,000,000 for all occurrences in one year, and with right to
cancel or refuse renewal only on 30 days written notice to the Landlord. Tenant shall provide Landlord with evidence of coverage before taking possession of the Rental space, and evidence of renewal at least 20 days before any policy expires. If
Tenant fails to provide required insurance, Landlord may do so and Tenant must reimburse the cost on demand. 
 b. The Landlord will place fire
and extended coverage insurance upon all buildings and other improvements constituting a part of the rental space and the amount shall be for 80% of the replacement value thereof. 
 18. EQUIPMENT WARRANTY: Landlord hereby agrees to give Tenant the benefit of any and all warranties or guarantees, if any, which Landlord may have or to which Landlord is entitled, covering plumbing or
any other portion of the herein rental space which is the subject of a warranty of guaranty and for which Tenant is responsible under this Sub-lease, and covering the roof if Tenant performs Landlord’s obligation with respect thereto under
Paragraph 6d of this Sub-lease. 
 19. DEFAULT: If during the term of this Sub-lease there shall occur any of the following events: 

a. if the Tenant shall file a voluntary petition in bankruptcy or for reorganization, or shall make an assignment for the benefit of its creditors, or
shall admit in writing its inability to pay its debts generally as they become due, or 
 b. if a receiver, trustee or liquidator of the Tenant
or if all or substantially all of the property of the Tenant shall be appointed in any proceeding brought by the Tenant, or if any such receiver, trustee or liquidation shall be appointed in any proceeding brought against the Tenant and such
receiver, trustee or liquidator shall not be discharged within sixty (60) days after such

  

 7 

 
appointment, or if the Tenant by the order or decree of a court shall be adjudicated a bankrupt or declared insolvent, or shall be dissolved, or 
 c. if a petition proposing the liquidation or reorganization of the Tenant pursuant to the Federal Bankruptcy Act or any similar law, Federal or State, shall
be filed against the Tenant and such petition shall not be discharged or denied within sixty (60) days, or 
 d. if the interest of the
Tenant in the rental space shall be sold under execution of other legal process, or 
 e. if the Tenant shall fail to pay, when due, any
installment of rent or sum payable as rent. 
 f. if the Tenant shall default in the performance of any other non-monetary requirement of this
Sub-lease and any such failure shall continue for twenty (20) days and which Tenant shall not in good faith and with due diligence be proceeding to cure. 
 In any of such events of default (i.e. as set forth above in Paragraph 19 a-f) Landlord may at Landlord’s option either terminate this Sub-lease or re-enter and take possession of the Rental space,
and either the giving of such notice or such re-entry and taking possession shall terminate this Sub-lease and all the right, title and interest of Tenant hereunder, without prejudice, however, to the right of the Landlord to exercise all other
available legal remedies and without discharging Tenant from any of its liabilities hereunder. 
 In the case of any default hereunder, Landlord
shall have the right to pursue statutory summary possession proceedings without prejudice to Landlord’s exercise of its other remedies hereunder. 
 In the case of any default hereunder, Landlord may exercise its statutory remedy of distress for rent without prejudice to Landlord’s exercise of its other remedies hereunder. 
 20. INDEMNIFICATION OF LANDLORD: Landlord shall have no liability to Tenant or to third persons for property damage or personal injuries resulting from any
act or omission by Tenant under this Sub-lease, and Tenant shall indemnify and save Landlord harmless from all liability, loss and claims of every kind and nature arising out of the obligations of Tenant undertaken herein, excepting, however, losses
or claims paid for by insurance, and damage, personal injuries, liability, loss or claims caused by the negligence of Landlord, its agents, representatives or invitees. 
 21. SUBORDINATION & ESTOPPEL: 
 a. This Sub-lease and all rights under the sub-lease are
subject and subordinate to any lien of mortgage on the property. However, at the sole and absolute election of a mortgage holder, this sub-lease and Tenant’s rights under it shall be superior and prior in right to that mortgage-holder’s
lien with the same force and effect as if this Sub-lease had been made and delivered prior to the mortgage. Tenant hereby, without claim for Landlord defaults prior to exercise of rights under any mortgage, attorns to (agrees to remain a tenant of)
and will treat as new landlord (i) a holder of a mortgage who becomes (a) mortgagee in possession or (b) owner of the property by deed, foreclosure or otherwise and (ii) a Mortgage holder’s successors and assigns by
assignment or foreclosure of lien or otherwise. This subordination and attornment are self-

  

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operative and without need of further instrument or action to have effect, but Tenant shall provide such further written assurances thereof as Landlord may from time to time request. For all
purposes of this sub-lease the word “mortgage” means any mortgage made before the date of this Sub-lease or later, and all renewals, extensions and replacements of a mortgage. 
 b. Estoppel – Upon written request, Tenant shall sign and return to Landlord any requested writing certifying (i) the sub-lease is in full effect, (ii) the Landlord is in full compliance
without offset, (iii) Tenant’s payments are made to dates specified and (iv) other matters Landlord reasonably requires. 
 c.
Remedies – Upon any request under 21a or 21b not fully met within five business days the Tenant shall be deemed to then admit Landlord’s full compliance and all other certifications sought under 21b, and in the Landlord’s sole and
absolute discretion, any or all of the following shall apply: (i) Tenant shall pay any damage Landlord suffers because of Tenant’s failure to comply, (ii) Landlord shall have an irrevocable and durable power of attorney coupled with
an interest to sign and deliver any requested writing for the Tenant; and/or (iii) if the request refers to this paragraph, the Landlord may end this sub-lease immediately upon notice to Tenant. 
 22. DEFINITION OF LANDLORD AND TENANT: Whenever used herein, the words “Landlord” and “Tenant” shall be construed to mean Landlords and
Tenants where there is more than one Landlord or Tenant, and the necessary grammatical changes required to make the provisions hereof apply either to corporations, partnerships or individuals, men or women, shall in all cases be assumed as though in
each case fully expressed. Each of the provisions of this sub-lease shall extend to, and shall bind or inure to the benefit of not only Landlord and Tenant, but also their respective heirs, successors, legal representatives and assigns, so far as
this Sub-lease and the term hereby created is assignable by the terms hereof. 
 23. TITLES OF NO EFFECT. The titles set forth in this
Sub-lease, and the references to such titles at various places in this Sub-lease, are intended for ease of reference only and shall have no force or effect in the interpretation of this Sub-lease. 
 24. ENTIRE AGREEMENT: This Sub-lease Agreement embodies the entire agreement between the parties hereto and there have been no agreements, representations,
or warranties between the parties other than those set forth or provided for herein. This Sub-lease may not be changed or modified in whole or in part except by supplemental Sub-lease signed by the parties hereto. 
 25. OPTIONS: This Sub-lease may be extended for five (5) new term(s), at the option of Tenant only, upon the following conditions: 
 a. Prior to the commencement of the new term there has been no material default for which Landlord may have terminated the sub-lease, whether or not Landlord
served notice or took other action to terminate. 
 b. The Tenant shall mail written notice of exercise of this option to Landlord, postmarked at
least 120 days preceding the commencement of the new term. 
  

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 c. The monthly installment of rent shall increase annually three and one-half percent (3.5%) over the
previous year. 
 d. The charges for real estate taxes, insurance and common area maintenance shall be mutually agreed to prior to the
commencement of the option term(s). 
 e. The length of each new term shall be, and it shall commence immediately upon the expiration of the term
during which the notice is sent and shall be under the same terms and conditions as provided in the sub-lease; 
 f. If an option to extend the
term of the Sub-lease is not exercised then all other options to renew shall automatically terminate and be null and void. 
 26. SECURITY
DEPOSIT: Tenant has deposited with Owner $20,000, receipt whereof is hereby acknowledged, as security for the full and faithful performance of each and every term provision, covenant and conditions of this sub-lease. In the event Tenant defaults in
respect of any of the terms, provisions, covenants or conditions of this sub-lease, including but not limited to the payment of rent, Owner may use, apply or retain the whole or any part of such security for the payment of any rent in default or for
any other sum which Owner may spend or be required to spend by reason of Tenant’s default. Should Tenant faithfully and fully comply with all of the terms, provisions, covenants and conditions of this sub-lease, the security deposit or any
balance thereof shall be returned to Tenant at the expiration of the term hereof. Tenant shall not be entitled to any interest on said security deposit. 
 27. RIGHT OF FIRST REFUSAL: After July 1, 2004, Tenant shall have a right of first refusal to lease space in the Building adjacent to the rental space (the “Adjacent Space”). Landlord shall
notify Tenant in writing when Landlord has received a written offer by a third party (the “Offer”) to lease any Adjacent Space. Tenant shall have ten (10) days within which to notify Landlord of Tenant’s intention to lease the
Adjacent Space on the same terms of the Offer. Should Tenant decide not to lease the Adjacent Space on the same terms as the Offer, then this right of first refusal shall be null and void. 
 28. LANDLORD LIABILITY: Landlord will not be liable to Tenant for damages from leaks or dampness; work on the rental space, common area or other space; the
failure of any heating, cooling, plumbing, electrical or other equipment; failure of the structure; failure of any wall, floor, or roof-surface material or treatment; acts or negligence of other tenants or their invitees; for any damage usually
covered by a policy of insurance generally available to a tenant; any cause other than Landlord’s malicious act or gross negligence. 
 29.
RULES AND REGULATIONS: Tenant will be provided a copy of the Rules and Regulations of the property, uniformly applied to all tenants, and agrees to comply with them and any reasonable amendment of which Tenant is given a copy. 
 30. USE RESTRICTIONS: Tenant may not: (a) disfigure or deface the rental space, or permit any waste, nuisance or unlawful use; (b) violate any use
or sign restrictions; (c) conduct a use causing increased insurance premium or cancellation of Landlord’ insurance. 
  

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 31. LANDLORD CONSENT: Without Landlord’s consent, Tenant shall not: (i) use the rental space for
any use not stated in this sub-lease; (ii) assign this sub-lease or sublet the rental space, except as provided hereinabove; (iii) encumber this sub-lease or the rental space; (iv) record the sub-lease; (v) erect any sign of any
kind; (vi) modify the structure, the exterior, or any other part of the rental space, except as provided hereinabove; (vii) use the rental space in any way which requires its alteration. 
 32. MISCELLANEOUS: Tenant agrees: (a) that vehicles and storage containers of Tenant and Tenant’s employees will be parked on the property only in
those areas delineated for such purpose on Exhibits B, and Tenant and Tenant’s employees may not use any parking area for any parking or storage of other than personal vehicles and permitted containers, on a daily basis, while engaged in
Tenant’s business; (b) to at all times maintain rental space temperature at 55 or more degrees F.; (c) to make no agreement which can create a lien against the property; (d) to pay as rent attorney fees and other expenses of
enforcing Landlord’s rights under this sub-lease; (e) that Landlord does not waive any right or remedy by (i) accepting a payment on account, (ii) electing a different right or remedy, (iii) taking no action, or (iv) in
any way other than by a written waiver subscribed by Landlord; (f) that Landlord may allocate a payment on account as Landlord sees fit and regardless of instructions that accompany the payment; (g) to provide Landlord with a telephone
number at which Tenant may be contacted in an emergency during other than regular business hours. 
 33. RELETTING AFTER DEFAULT: After default
by Tenant and possession of the rental space returned to Landlord, whether by Tenant surrendering the keys to the Landlord or otherwise, the Landlord need not mitigate damages by seeking another tenant for the rental space, but may do so, in
Landlord’s absolute discretion. In the event of renting to another, Landlord shall reduce Tenant arrears by rent received after first recovering costs, and compensation for Landlord’s services, related to any fixing of the rental space,
the reletting and managing. 
 34. HOLDING OVER: Any period of possession of the rental space by Tenant after the ending of the term of this
sub-lease may, at Landlord’s option, be construed to be a tenancy from month to month on all of the terms and conditions of this sub-lease except that the amount of the monthly installment shall be two times the amount due for the month
immediately preceding the ending of the term. 
 35. ENVIRONMENTAL PROTECTION: Tenant shall provide compliance with environmental protection,
environmental clean-up, and other environmental laws, whether in effect now or at any time in the future, including, but not be limited to: a) obtaining permits and/or licenses; b) avoiding the unauthorized release of hazardous or regulated
substances into the environment; c) preparing any plan for, undertaking, and/or providing financial assurance with respect to, any clean-up determined necessary by any governmental agency; d) reporting, and complying with requirements related to,
any closing, terminating or transferring of operations or property, or any other action covered by such law; e) providing all information requested by Landlord and/or any government agency for proof of non-applicability or other required submissions
required; and f) promptly executing and delivering such proof or other submission. Tenant shall also indemnify and defend Landlord against all fines, penalties, assessments, suits, proceedings, claims and actions of any kind arising out of, or in
any way 
  

 11 

 connected with, Tenant’s failure to fully comply with any provision of this paragraph. Tenant’s
obligations and liabilities under this paragraph shall survive ending of this lease. Tenant shall pay rent as a holdover tenant after ending of this lease, whether or not tenant has possession of the rental space, during any period of delay in
reletting the rental space to another caused by any reporting, inspection, clean up, or other requirement of an environmental law related to Tenant’s use of the rental space. In addition to other remedies, Landlord may seek any remedy available
in equity to enforce compliance with this paragraph. Tenant shall not be held liable for unauthorized or hazardous substances released through no fault of Tenant in the rental space before this lease term begins or after it ends, or which infiltrate
from outside of the rental space. 
 36. BROKERS: 
 Landlord and Tenant acknowledge that Stoltz Realty, Inc. and KLNB, Inc. are the only two brokers that it has dealt with in respect of this Sub-lease and Landlord hereby agrees that Landlord shall pay to
Stoltz Realty, Inc. and KLNB, Inc. the total brokerage commission (to be divided between Stoltz Realty, Inc. and KLNB, Inc.). 
 Landlord and
Tenant hereby represent and warrant, each to the other, that they have not disclosed this Sub-lease or the subject matter hereof to, and have not otherwise dealt with, any broker, finder or any other person, firm, corporation or other legal entity
so as to create any legal right or claim of whatsoever kind or nature for a commission or similar fee or compensation with respect to the Sub-lease. Landlord and Tenant hereby indemnify each other against, and agree to hold each other harmless from,
any liability or claim (and all expenses, including attorneys’ fees, incurred in defending any such claim or in enforcing this indemnity) for a real estate brokerage commission or similar fee or compensation arising out of or in any way
connected with any claimed dealings with the indemnitor and relating to the Sub-lease. The provisions of this Section shall survive the expiration or sooner termination of this Sub-lease. 
 IN WITNESS WHEREOF, the parties have executed this Sub-lease as of the day and year first above written. 
  

							
	ATTEST	 		 	LANDLORD
	 /s/ [witness]
	 		 	 /s/ Gregory Pettinaro

		 		 	BY:	 	  Gregory Pettinaro
			
	ATTEST:	 		 	TENANT:
	 /s/ [witness]
	 		 	 /s/ Keith Buchanan

		 		 	BY:	 	  Keith Buchanan
		 		 	SFA Inc., Frederick Manufacturing Division
		 		 	Director of Business Operations

  

 12 

 Exhibit A (Site Plan) and Exhibit B (Floor Plan) have been omitted. Global Defense Technology &
Systems, Inc. agrees to furnish a copy of Exhibit A and/or Exhibit B to the Securities and Exchange Commission upon request. 

			
		 	 Easton Lease
 AMENDMENT

 FIRST AMENDMENT TO SUB-LEASE 
 This is the First Amendment of the Sub-Lease between Queensbury Village, Inc. (as “Landlord”) and SFA Inc.,
Frederick Manufacturing Division (as “Tenant”) dated July 1, 2003, for the property known as 28712 Glebe Road, Easton, MD. 
  

	 	1.	On Page 2 of the Sub-Lease, the assigned area of 120,000 square feet is deleted and the assigned area of approximately 193,798 square feet is added in its place
effective November 7, 2003. 

  

	 	2.	The monthly installments commencing November 1, 2003 shall now be as follows: 

  

				
	            Period	  	Monthly Rent
	 11/01/03 - 11/30/03
	  	$	29,247.25
	 12/01/03 - 09/30/04
	  	$	32,299.67
	 10/01/04 - 06/30/05
	  	$	48,449.50

  

	 	3.	Landlord shall pay to Tenant $4,500,00 for tenant improvement costs. 

  

	 	4.	The date of this First Amendment shall be the day the Landlord signs it. 

  

	 	5.	Except as specifically provided above, the Lease is ratified, confirmed and shall remain in full force and effect. 

  

					
	Witness:	 	TENANT/SFA, Inc.,	 	
		 	Frederick Manufacturing Division	 	
			
	  
	 	 /s/ Keith Buchanan
	 	 7 JAN 04

		 	By: Keith Buchanan,	 	Date
		 	Director of Business Operations	 	
		
	Witness:	 	LANDLORD/Queensbury Village, Inc.
			
	  
	 	 /s/ Gregory Pettinaro
	 	 1-7-04

		 	By: Gregory Pettinaro	 	Date

  

 SECOND AMENDMENT TO SUB-LEASE 
 This is the Second Amendment of the Sub-lease between Queensbury Village, Inc. (as “Landlord”) and SFA, Inc., Frederick Manufacturing Division (as “Tenant”) dated July 1, 2003,
for the property known as 28712 Gelbe Road, Easton, MD and amended by that First Amendment on January 7, 2005. 
 1. In the First Amendment
to Lease, the end of the term of June 30, 2005 is deleted and the end of the term of June 30, 2007 is added in its place. This additional term shall constitute the executive of the first option pursuant to Paragraph 25. 
 2. The monthly installments commencing July 1, 2005 shall now be as follows: 
  

			
	Period	  	Monthly Rent
	7/1/05 – 6/30/06	  	$50,145.23
	7/1/06 – 6/30/07	  	$51,900.32

 3. The controllable CAM expenses shall be such items (Extermination, Landscaping, Repairs &
Maintenance, Sprinkler/Fire Protection, Supplies, Management Fee, Elevator, Phone Lines – elevator) will be capped at $0.86 per square foot for the period of 7/1/05 – 6/30/06. At the end of period 7/1/05 – 6/30/06 the controllable CAM
will be reviewed and revised for period 7/1/06 – 6/30/07 based on the latest actual information / projections. Uncontrollable CAM expenses shall be such items as (Real Estate Taxes, Insurance & Snow Removal) will not be capped. The
current estimated amount for the Uncontrollable CAM expenses is $0.36 per square foot. 
 4. The date of this Second Amendment shall be the day
the Landlord signs it. 
 5. Except as specifically provided above, the Lease is ratified, confirmed and shall remain in full force and effect.

  

									
	 Witness:
  
	 		 	 TENANT / SFA Inc., Frederick Manufacturing
Division
	 	
					
	 	 		 	By:	 	/s/ Keith Buchanan	 	 
		 		 		 	Keith Buchanan	 	
		 		 		 	Director of Business Operations	 	
				
	Witness:	 		 	LANDLORD / Queensbury Village, Inc.	 	
					
	/s/ [witness]	 		 	By:	 	/s/ Gregory Pettinaro	 	7/19/05
		 		 		 	Gregory Pettinaro	 	

  

 THIRD AMENDMENT TO SUB-LEASE 
 This is the Third Amendment of the Sub-lease between Queensbury Village, Inc. (as “Landlord”) and SFA, Inc., Frederick Manufacturing Division (as “Tenant”) dated July 1, 2003, for
the property known as 28712 Gelbe Road, Easton, MD and amended by that First Amendment on January 7, 2005. 
 1. In the First Amendment to
Lease, the assigned area of 193,798 +/- square feet is deleted and the assigned area of approximately 200,378 +/- square feet is added in its place. 
 2. The monthly installments commencing July 1, 2005 shall now be as follows: 
  

			
	Period	  	Monthly Rent
	 9/1/05 – 6/30/06
	  	$50,967.73        
	 7/1/06 – 6/30/07
	  	$52,751.61

 3. The controllable CAM expenses shall be such items (Extermination, Landscaping, Repairs &
Maintenance, Sprinkler/Fire Protection, Supplies, Management Fee, Elevator, Phone Lines – elevator) will be capped at $0.86 per square foot for the period of 9/1/05 – 6/30/06. At the end of period 9/1/05 – 6/30/06 the controllable CAM
will be reviewed and revised for period 7/1/06 – 6/30/07 based on the latest actual information / projections. Uncontrollable CAM expenses shall be such items as (Real Estate Taxes, Insurance & Snow Removal) will not be capped. The
current estimated amount for the Uncontrollable CAM expenses is $0.36 per square foot. 
 4. The date of this Third Amendment shall be the day
the Landlord signs it. 
 5. Except as specifically provided above, the Lease is ratified, confirmed and shall remain in full force and effect.

  

									
	 Witness:
  
	 		 	 TENANT / SFA Inc., Frederick Manufacturing
Division
	 	
					
	 	 		 	By:	 	/s/ Keith Buchanan	 	 
		 		 		 	Keith Buchanan	 	
		 		 		 	Director of Business Operations	 	
				
	Witness:	 		 	LANDLORD / Queensbury Village, Inc.	 	
					
	/s/ [witness]	 		 	By:	 	/s/ Gregory Pettinaro	 	7/20/05
		 		 		 	Gregory Pettinaro	 	

  

 FOURTH AMENDMENT TO SUB-LEASE 
 This is the Third Amendment of the Sub-lease between Queensbury Village, Inc. (as “Landlord”) and SFA, Inc., Frederick Manufacturing Division (as “Tenant”) dated July 1, 2003, for
the property known as 28712 Gelbe Road, Easton, MD and amended by that First Amendment to Sub-Lease, dated July 19, 2005 and amended by that Third Amendment to Sub-Lease, dated July 20, 2005. 
 1. In the First Amendment to Lease, the assigned area of 193,798 +/- square feet is deleted and the assigned area of approximately 200,378 +/- square feet
is added in its place. 
 2. On page one, (1), of the Third Amendment to Sub-Lease, the end of the term of June 30, 2007 is hereby deleted
and the end of the term of June 30, 2009 shall be added in its place. 
 3. The monthly installments for the new term shall be as follows:

  

			
	 Period
	 	Monthly Rent
	 07/01/07 – 06/30/08
	 	$54,597.91        
	 07/01/08 – 06/30/09
	 	$56,508.84

 4. The date of this Fourth Amendment to Sub-Lease shall be the day the Landlord signs it. 

5. Except as specifically provided above, the Lease is ratified, confirmed and shall remain in full force and effect. 
 6. The controllable CAM expenses shall be such items as Extermination, Landscaping, Repairs & Maintenance, Sprinkler/Fire Protection, Supplies,
Management Fee, Elevator, Phone lines, etc) shall be capped at $0.36 per square foot. Uncontrollable CAM expenses shall be such items as Real Estate taxes, Insurance and Snow Removal will not be capped. The current estimated amount for the
Uncontrollable CAM expenses is $.33. At the end of period 07/01/07 to 06/30/08 that year the controllable CAM will be reviewed and revised for period 07/01/08 to 06/30/09 based on the latest actual information/projections. 
  

									
	 Witness:
  
	 		 	 TENANT / SFA Inc., Frederick Manufacturing
Division
	 	
					
	/s/ [witness]	 		 	By:	 	/s/ Keith Buchanan 	 	8/24/07
		 		 		 	Keith Buchanan	 	Date
		 		 		 	Director of Business Operations	 	
				
	Witness:	 		 	LANDLORD / Queensbury Village, Inc.	 	
					
	/s/ [witness]	 		 	By:	 	/s/	 	 
		 		 		 	 Managing Member
	 	Date

  

 FIFTH AMENDMENT TO SUB-LEASE 
 This is the Fifth Amendment of the sub-lease between Easton Land, LLC successor to Queensbury Villages, Inc. (as Landlord”) and global Strategies Group (North America) Inc. successor to SFA, Inc.,
(as Tenant”) dated July 1, 2003, for that Lease of 200,378+/- Square Feet, located at the property known as 28712 Gelbe Road, Easton, MD, (the “Lease”) and amended by that First Amendment to Sub-Lease on January 7, 2004, as
amended by that Second Amendment to Sub-Lease, dated July 19, 2005, and as further amended by that Third Amendment to Sub-Lease, dated July 20, 2005 and as further amended by that Fourth Amendment to Lease, dated August 24, 2007.

 The parties agree as follows: 
 1.
On page one, of the Fourth Amendment to Sub-Lease, the end of the term of June 30, 2009 is hereby deleted and the end of the term of June 30, 2011 shall be added in its place. 
 2. The monthly installments for the new term shall be as follows: 
  

			
	Period	  	Monthly Rent
	 07/01/09 – 06/30/10
	  	$58,443.58        
	 07/01/10 – 06/30/11
	  	$60,447.36

 3. The Tenant shall have three (3) options to renew under the terms and conditions of the Option
Rider A, which is attached to this Fifth Amendment to Sub-Lease. 
 4. The effective date of this Fifth Amendment to Sub-Lease shall be the day
the Landlord signs it. Any annual increase in controllable CAM (site cleaning, landscaping, sprinkler/life safety, management fees and general plumbing repairs & maintenance) shall be no greater than 5% from the prior year’s actuals,
unless the cause for any increase is due to Tenant’s gross negligence or there are extraordinary circumstances and the increase is mutually agreed in writing by both parties. Landlord shall provide 30 days’ written notice to Tenant
(including supporting documentation) regarding any CAM changes. 
 5. Except as specifically provided above, the Sub-Lease is ratified,
confirmed and shall remain in full force and effect: 
  

									
	 Witness:
  
	 		 	 TENANT / Global Strategies Group
(North America) Inc.
	 	
				
	/s/ [witness]	 		 	By:	 	/s/ Todd Ensminger
		 		 		 	Todd Ensminger	 	
		 		 		 	General Counsel	 	
				
	Witness:	 		 	Landlord / Easton Land, LLC	 	
					
	/s/ [witness]	 		 	By:	 	/s/	 	4-6-09
		 		 		 	Managing Member	 	Date

 OPTION RIDER – A 
 Landlord: Easton Land, LLC 
 Tenant: Global Strategies Group (North America) Inc. successor to
SFA, Inc. 
 For rental space of 200,378+/- square feet numbered 28712 at the Gelbe Road, Easton, MD. 
 This lease may be extended for three (3) new term(s), at the option of Tenant only, upon the following conditions: 
 1. Prior to the commencement of the new term there has been no material default for which Landlord may have terminated the lease, whether or not Landlord
served notice or took other action to terminate; 
 2. The Tenant shall mail written notice of exercise of this option to Landlord, postmarked
no more than twelve (12) and no less than six (6) months preceding the commencement of the new term; 
 3. The new term shall be upon
the same terms and conditions as provided in the lease, except: (a) there shall be no privilege to extend the term for any period of time beyond the expiration of the new term (except as provided in the Option Rider-A); (b) the monthly
installments during the new term(s) shall be as follows: 
  

			
	First Option Term	  	 
	 07/0/11 to 06/30/12
	  	$62,618.13
	 07/01/12 to 06/30/13
	  	$64,788.89

  

			
	Second Option Term	  	 
	 07/01/13 to 06/30/14
	  	$66,959.65
	 07/01/14 to 06/30/15
	  	$69,297.39

  

			
	Third Option Term	  	 
	 07/01/15 to 06/30/16
	  	$71,802.12
	 07/01/16 to 06/30/17
	  	$74,306.84

 4. the length of each new term shall be two (2) years, and it shall commence immediately upon
the expiration of the term during which the notice is sent and shall be under the same terms and conditions as provided in the lease; 
 5. If
an option to extend the term of the lease is not exercised then all other options to renew shall automatically terminate and be null and void. 
  

							
				
	/s/ Todd Ensminger	 		 	/s/            	 	4-6-09
	Tenant	 		 	Landlord

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