Document:

EX-10.1

 Exhibit 10.1 

AMENDMENT 2013-1 
 TO THE

 NORDSTROM EXECUTIVE DEFERRED COMPENSATION PLAN 

(2007 Restatement) 
 The Nordstrom Executive
Deferred Compensation Plan (2007 Restatement) (“EDCP”) is hereby amended as follows, effective January 1, 2014. This Amendment 2013-1 is approved by the Compensation Committee pursuant to Section 8.2(a) of the EDCP. 

1. Section 1.2 (Purpose) is amended by capitalizing the term “participating subsidiaries and affiliates” as
“Participating Subsidiaries and Affiliates.” 
 2. Section 2.1(b) (Eligible Employee) is deleted in its entirety and
replaced with the following to ensure that participation in the Plan is limited to a select group of management or highly compensated employees: 

“(b) For Plan Years beginning on and after January 1, 2014, either: 

(1) Has current annualized Base Compensation (as defined in 3.1(b)(1)) of not less than the Code section 414(q) limitation in
effect at the beginning of such Plan Year (e.g., for the Plan Year beginning January 1, 2014, this limitation is $115,000) or 

(2) Whose total Base Compensation determined in (b)(1) above plus Bonus Compensation received in the immediately preceding Plan
Year exceeded the Code section 414(q) limitation referenced in (b)(1) above; and” 
 3. Section 2.3(b) (When Participation
Begins: Initial Election Period) is deleted in its entirety and replaced with the following to permit deferrals of Restricted Stock Units, as follows: 

“(b) Initial Election Period. The Initial Election Period for any employee who first becomes an Eligible Employee during the Plan
Year is the period of thirty (30) days that begins on his or her Entry Date under 2.2. An Eligible Employee’s election relates only to Compensation paid for services to be performed subsequent to the election and applies only to Base
Compensation. Deferral of Bonus Compensation, Performance Share Units and Restricted Stock Units can be elected only during an Annual Election Period and, for Performance Share Units and Restricted Stock Units, can be elected only if the award
agreement underlying the Performance Share Units or Restricted Stock Units specifically includes deferral provisions.” 
 4. Subsection
(2) of Section 3.1(b) (Eligible Compensation) is deleted in its entirety and replaced with the following to provide that Bonus Compensation shall be considered “Eligible Compensation” under the Plan whether or not paid in
cash: 
 “(2) Bonus Compensation. A Participant’s Bonus Compensation, scheduled to be paid to the Participant either in cash
or in stock. Bonus Compensation means 

 
the amount, determined annually based on the Participant’s job performance and other factors, that is paid to the Participant in excess of the Participant’s Base Compensation.”

 5. New Subsection (4) is added to Section 3.1(b) (Eligible Compensation) to include Restricted Stock Units as Eligible
Compensation: 
 “(4) Restricted Stock Units. A Participant’s Restricted Stock Units as defined in and governed by the
Equity Incentive Plan.” 
 6. Section 3.1(b) (Eligible Compensation) is modified to include the following paragraph and the
end of such section to clarify that deferrals of Performance Share Units and Restricted Stock Units are available only if and as provided in the agreements underlying such rewards: 

“Not all forms of Eligible Compensation may be subject to a deferral opportunity. For example, the existence of deferral opportunities for
awards of Performance Share Units and Restricted Stock Units depends on whether deferral provisions are included in the agreements underlying such awards.” 

7. Section 3.2(c) (Amount of Deferral: Performance Share Units) is amended consistent with Item 6, above, to include new
subsection (1) as follows and to renumber existing subsections (1) through (4) as subsections (2) through (5), accordingly: 

“(1) The Company makes a deferral opportunity available by including deferral provisions within the “Performance Share Unit
Agreement” underlying the award of Performance Share Units;” 
 8. New Section 3.2(d) (Amount of Deferral: Restricted
Stock Units) is added consistent with Items 5 and 6, above, as follows: 
 “(d) Restricted Stock Units. All or a portion of a
Participant’s unvested Restricted Stock Units awarded by the Company, provided that: 
 (1) With respect to an award of
Restricted Stock Units that is scheduled to vest based on the Participant’s achievement of individual or organizational performance criteria: 

(A) The Company makes a deferral opportunity available by including deferral provisions within the “Restricted Stock Unit Agreement”
underlying the award of Restricted Stock Units; 
 (B) The applicable individual or organizational performance criteria are established
within the first 90 days of a performance cycle that will last at least 12 months; 

  
 2 

 (C) The deferral election is made at a time when at least six (6) months remain in the
applicable award’s performance cycle; 
 (D) The Participant provides services continuously for the period from the first day of the
performance cycle (or if later, the date the performance criteria are established) through the date that the deferral election is made; and 

(E) The deferral election is made before the amount of the Restricted Stock Units that will vest under the applicable award is readily
ascertainable. 
 (2) With respect to an award of Restricted Stock Units that are scheduled to vest based solely on the lapse
of time: 
 (A) The Company makes a deferral opportunity available by including deferral provisions within the “Restricted Stock Unit
Agreement” underlying the award of Restricted Stock Units; and 
 (B) The deferral election must be made by the end of the Plan Year
immediately preceding the Plan Year in which the award of Restricted Stock Units is initially granted.” 
 9. Section 3.3
(Minimum Deferral) is deleted in its entirety and replaced with the following to prospectively eliminate the Plan’s minimum deferral election requirements: 

“Minimum Deferral. Effective for Plan Years beginning on and after January 1, 2014, there is no minimum deferral limitation
under this Plan.” 
 10. Section 3.4(a) (Company Contribution Allocations: Make-up Contribution) is amended to add the
following to clarify the time and form of payment elections that apply to Make-up Contributions, to subject Make-up Contributions made for Plan Years beginning on and after January 1, 2014 to the same vesting provisions that apply to matching
contributions under the Nordstrom 401(k) Plan and Profit Sharing, and to clarify that to be eligible for Make-up Contributions with respect to a particular Plan Year, a Participant must have made deferrals into this Plan for such Plan Year: 

“For example, the time and form of payment of Make-up Contributions credited in early 2014 with respect to Participant’s deferrals
under this Plan made during the 2013 Plan Year shall be determined on the Participant’s deferral elections applicable for Base Compensation paid during the 2013 Plan Year. If no such deferral election exists, then the time and form of payment
of the Participant’s Make-up Contribution for such Plan Year shall be as a single lump sum payment made at Participant’s Separation. 

Effective for Make-up Contributions made for the Participant’s lost share of Company contributions to the 401(k) Plan for the 401(k)
Plan’s fiscal year ending December 31, 

  
 3 

 
2014, those Make-up Contributions will be subject to the same vesting schedule that would have applied to such Make-up Contributions had they been made as Company contributions to the Participant
under the 401(k) Plan. 
 For the avoidance of doubt, to receive a Make-up Contribution with respect to a given Plan Year, the Participant
must have made a deferral election under this Plan for such Plan Year.” 
 11. Section 3.4 (Company Contribution
Allocations) is amended to include new subsection (c) as follows to add Restoration Contributions effective for Plan Years commencing on and after January 1, 2014, for Participants who are not also participants in the Nordstrom SERP:

 “(c) Restoration Contributions. Beginning with Plan Years commencing January 1, 2014, the Company shall allocate to certain
Participants’ Accounts an amount determined as the lesser of: 
 (i) the maximum matching contribution amount that could be generated by
applying the matching contribution formula in effect under the 401(k) Plan for such Plan Year to the Participant’s Excess Compensation, if any; and: 

(ii) the amount actually deferred by Participant into this Plan for such Plan Year, if any. 

For Restoration Contribution allocation purposes, a Participant’s “Excess Compensation” means the excess of a Participant’s
401(k) Plan Compensation for a Plan Year determined without regard to the Code section 401(a)(17) limit in effect for such Plan Year, over the Participant’s actual 401(k) Plan Compensation for that Plan Year. For the Plan Year ended
December 31, 2014, the Code section 401(a)(17) limit was $260,000 and is thereafter indexed for inflation. 
 Example: For the Plan Year
ended December 31, 2014 ( the “2014 Plan Year”), the matching formula under the 401(k) Plan was 100% of Participant’s 401(k) deferrals, up to 4% of Compensation. Assume that during the 2014 Plan Year, Participant A’s
“Compensation” under the 401(k) Plan was $300,000 and that Participant A made $10,000 in deferrals under this Plan. The Code section 401(a)(17) limit in effect for the 2014 Plan Year was $260,000. Consequently, Participant A’s
“Excess Compensation” for the 2014 Plan Year was $40,000. Applying the 401(k) Plan’s matching contribution to Participant A’s Excess Compensation, the maximum match generated by the Excess Compensation would be $1,600 (i.e.,
dollar for dollar, up to 4% of Excess Compensation). Accordingly, the Restoration Contribution allocable to Participant A under this Plan with respect to the 2014 Plan Year would be $1,600 (the lesser of (i) the maximum matching contribution
generated by Participant A’s Excess Compensation and (ii) Participant A’s $10,000 Plan deferral.) 

  
 4 

 Moreover, “Excess Compensation” shall exclude performance-based or other incentive
compensation received by a Participant that both (i) relates to the economic performance of an entity other than Nordstrom, Inc. and (ii) was adopted as part of, in recognition of, or in concert with, the merger, acquisition or change in
control of such entity. 
 The time and form of payment of Restoration Contributions shall be determined by the Participant’s deferral
elections applicable for Base Compensation paid during the Plan Year preceding the Plan Year in which the Restoration Contribution is actually credited to the Participant’s Account. For example, the time and form of payment of Restoration
Contributions credited in early 2015 with respect to Participant’s Excess Compensation earned in the 2014 Plan Year shall be determined on the Participant’s deferral elections applicable for Base Compensation paid during the 2014 Plan
Year. If no such deferral election exists, then the time and form of payment of the Participant’s Restoration Contribution for such Plan Year shall be as a single lump sum payment made at Participant’s Retirement. Restoration Contributions
will be subject to the same vesting schedule that would have applied to such Restoration Contributions had they been made as Company matching contributions to the Participant under the 401(k) Plan. 

A Participant is ineligible to receive a Restoration Contribution for any Plan Year in which such Participant either (i) is ineligible to
receive a Company matching contribution allocation under the 401(k) Plan due to application of the 401(k) Plan’s employment and/or hours of service requirements to receive such matching contribution allocation or (ii) also is a participant
in the SERP, unless the Compensation Committee determines otherwise. 
 For the avoidance of doubt, (x) to receive a Restoration
Contribution with respect to a given Plan Year, the Participant must have made a deferral election under this Plan for such Plan Year and (y) a Participant can receive a Restoration Contribution under this Plan with respect to a given Plan Year
whether or not the Participant made a deferral election under the 401(k) Plan for such Plan Year.” 
 12. Section 3.6
(Requirement for Deferral Agreement) is deleted in its entirety and replaced with the following, consistent with Item 11: 

“A Participant who has not timely submitted a valid Deferral Agreement may not defer any Eligible Compensation (or receive the
corresponding Company Make-up Contribution or Restoration Contribution allocation under 3.4) for the applicable Plan Year under the Plan.” 

  
 5 

 13. Section 4.1 (Account) is deleted in its entirety and replaced with the following,
consistent with Item 3, above: 
 “Account. A Participant’s “Account” is the account established on the books
of the Company as a record of each Participant’s Plan balance. An Account may, at the discretion of the Administrative Committee, include one or more sub accounts to reflect amounts credited to a Participant under the various terms of the Plan.
As of the effective date of this Restatement, the Administrative Committee has established the following sub-accounts: 
 (a) Deemed
Investment Sub-Account: A Deemed Investment Sub-Account, reflecting the Participant’s account balance resulting from the deferral of Eligible Compensation (other than Performance Share Units, Restricted Stock Units or other stock-based
compensation), Company Contribution allocations under Section 3.4, and the Participant’s deemed investment of such amounts under Section 4.3. The balance in such sub-account shall be expressed as a dollar amount. 

(b) Common Stock Unit Sub-Account. A Common Stock Unit Sub-Account reflecting the number of Performance Share Units, Restricted Stock
Units, or other stock-based compensation in which the Participant is vested and which the Participant has deferred under the Plan. The balance in such sub-account shall be expressed in units, with each unit representing the value of one share of the
Company’s Common Stock.” 
 14. Sections 4.3(b) (Performance Share Unit Sub-Account Valuation) and 6.7 (Cash and Stock
Distributions) are deleted in their entirety and replaced with the following, consistent with Items 3 and 13, above: 
 “4.3(b)
Common Stock Unit Sub-Account Valuation. The number of units in a Participant’s Common Stock Unit Sub-Account shall be appropriately adjusted periodically to reflect any dividend, split, split-up or any combination or exchange, however
accomplished, with respect to the shares of the Company’s common stock represented by such units.” 
 “6.7 Cash and Stock
Distributions. Distributions of a Participant’s Deemed Investment Sub-Account shall be made in cash only. Distributions of a Participant’s Common Stock Unit Sub-Account shall be made in Common Stock of the Company.” 

15. Section 6.1 (Retirement Distributions) is deleted in its entirety and replaced with the following to prospectively eliminate
different distribution form treatment for pre-retirement and post-retirement separations: 
 “6.1 Separation Distributions. 

(a) Separation Events. A Participant may elect in a Deferral Agreement to receive a distribution of his or her Account at Separation. A
Participant’s “Separation” shall mean the Participant’s Termination Date. 
 (b) Separation Distribution Forms.
Distribution of a Participant’s Account balance shall be made according to the distribution options specified in the Participant’s Deferral Agreement(s). Portions of Accounts subject to installment

  
 6 

 
payment shall continue to be valued as provided in Section 4.3 until distributed. The distribution options available to a Participant are: a. single lump sum payment; or b. installment
payments for a period of five (5), ten (10), or fifteen (15) years. 
 (c) Lump Sum in Lieu of Installments. If the
Participant’s Account balance as of his or her Separation is equal to or less than $10,000, Leadership Benefits may order the distribution of the Participant’s entire Account in a single lump sum rather than in installments, provided that
the lump sum payment results in the termination and liquidation of the Participant’s entire interest under this Plan and all other plans or arrangements that must be aggregated with this Plan under the rules set forth under Code
Section 409A. The Participant may not exercise any discretion to convert an installment election into a lump sum under this provision. 

(d) Amount and Timing of Installment Payments. The first installment shall be paid on the Payment Commencement Date as defined in 6.4.
Subsequent installments shall be paid annually in January of each succeeding year. The amount of each installment shall be determined by multiplying the Participant’s account balance as of the last day of the month immediately preceding the
distribution date by a fraction, the numerator of which is one (1) and the denominator of which is (N minus P), where N is the total number of annual installments and P is the number of annual installments previously paid to the Participant.
For example, if the form of payment is five annual installments, the first annual distribution is the account balance divided by 5 (5 minus 0), the second annual distribution is the account balance divided by 4 (5 minus 1), the third annual
distribution is the account balance divided by 3 (5 minus 2), the fourth annual distribution is the account balance divided by 2 (5 minus 3), and the fifth annual distribution is the entire remaining account balance (5 minus 4).” 

16. Section 6.3 (Pre-Retirement Termination of Employment) is deleted in its entirety and replaced with the following, consistent
with Item 15, above: 
 6.3 Pre-Retirement Separation. For Plan Years commencing prior to January 1, 2014, and for the
portion of a Participant’s Account that is attributable to elective deferrals and Company contributions credited to the Account for Plan Years ending through December 31, 2013, including Earnings thereon and including Make-up Contributions
made in early 2014 with respect to the Plan Year ending December 31, 2013, if a Participant’s Termination Date occurs prior to his or her Early Retirement Date, Normal Retirement Date, or Deferred Retirement Date, (a “Pre-Retirement
Separation”) the time and form of payment elections in the Participant’s Deferral Agreements shall be disregarded and, in lieu of those elections, the Participant shall receive the value of his or her Account (as described in this
Section 6.3) in a single lump sum payment on the Payment Commencement Date. Commencing on and after January 1, 2014, the provisions of this Section 6.3 shall not apply to the Portion of a Participant’s Account that is
attributable to deferrals and Company contributions made with respect to Plan 

  
 7 

 
Years commencing January 1, 2014 and later, including Earnings thereon; instead, this portion of Participant’s Account shall at all times be distributable as provided in
Section 6.1(b) (subject to Section 6.1(c)). 
 17. Sections 6.4 (Payment Commencement), 6.5 (Delayed Payment Date)
and 6.6 (Changing the Time or Form of Distribution) are deleted in their entirety and replaced with the following, consistent with Items 15 and 16, above: 

“6.4 Payment Commencement Date. Distributions will begin to be paid on the following dates, subject to the delay for Specified
Employees set forth in 6.5. 
 (a) Scheduled Distribution. During the calendar month (January or June) and year specified by the
Participant in his or her deferral election. 
 (b) Separation Distributions. Within 90 days after Leadership Benefits confirms the
Termination Date, provided that the Participant does not have the right to designate the taxable year of payment. 
 (c) Unforeseeable
Financial Emergency. Within 90 days after Leadership Benefits receives confirmation of the amount of distribution approved by the Administrative Committee, provided that the Participant does not have the right to designate the taxable year of
payment. 
 6.5 Delayed Payment Date. If a distribution is made to a Specified Employee following his or her Separation, the first
payment may not be made earlier than six months after the Specified Employee’s Payment Commencement Date. If the form of distributions is installments, any installments that would have been paid in the absence of this six-month delay will be
accrued and paid at the end of the six-month period. Any installments that are due after the six-month period expires will be paid as if they were not subject to this provision. A Specified Employee means an individual who meets the requirements to
be a “key employee” as defined in Code Section 416(i) (without regard to Section 416(i)(5)). If the individual is a key employee as of September 30 of a given year, the individual is treated as a Specified Employee for the
entire next calendar year. This delayed payment date rule does not apply to scheduled in-service distributions, financial emergency distributions, or distributions due to the Participant’s death. 

6.6 Changing the Time or Form of Distribution. The time and form of payment elected in a Participant’s Deferral Agreements cannot
be changed by the Participant after the last day of an Election Period except as provided in this section. A Participant may change his or her form of Separation distribution under 6.1(b) or the timing of a scheduled in-service distribution under
6.2(b), provided that: 
 (a) For a scheduled in-service or Separation distribution, his or her change is filed with Leadership Benefits no
later than the last day of the Plan Year that ends at least 12 months before the Payment Commencement Date; 

  
 8 

 (b) His or her change cannot take effect earlier than twelve months after the change is
requested; and 
 (c) The first payment under the newly elected form of payment cannot be made sooner than five years after the Payment
Commencement Date for the form of payment that the Participant has elected to change. 
 The Payment Commencement Date for a series of
installment payments is treated as the date on which the first of such installment payments would be made under the terms of this Plan. Where the Payment Commencement Date is stated as a period of time (e.g., a 90-day period following a distribution
event), the Payment Commencement Date for purposes of this section is the first day of such period.” 
 18. Section 7.6
(Distribution of Account Balance at Death) is deleted in its entirety and replaced with the following, consistent with Items 15, 16 and 17, above: 

“7.6 Distribution of Account Balance at Death. Upon a Participant’s death, the portion of a Participant’s Account that is
attributable to deferrals and Company contributions made with respect to Plan Years commencing January 1, 2014 and later, including Earnings thereon, shall at all times be distributable as provided in Section 7.6. Distributions of the
portion of a Participant’s Account that is attributable to deferrals and Company contributions made with respect to previous Plan Years shall be governed by the Plan provisions in effect prior to this Amendment. 

Distributions of the portion of the Participant’s Account Balance payable upon the Participant’s death under this Section 7.6
shall at all times be distributable as provided in Section 6.1(b), subject to Section 6.1(c). Where payments of the Participant’s Account Balance commenced prior to the Participant’s death, the Participant’s Beneficiary
shall receive the Participant’s remaining Account Balance in the form designated in the Participant’s distribution election under Section 6.1(b) together with amounts credited under Section 7.5.” 

19. Section 11.14 (“Additional Definitions”) is amended consistent with Items 1, 5, 10 and 16 above, to move certain
defined terms from Section 6.1(a)(1) through (5) as new subsections (c), (d), (h), (l) and (m), to add new defined terms in subsections (e), (f), (g), (i) and (j),and to renumber existing subsection (c) as new subsection
(k) as follows: 
 “(c) “Deferred Retirement Date” means a Termination Date that occurs after a Participant’s Normal
Retirement Date. 
 (d) “Early Retirement Date” means the Participant’s Termination Date on or after the date the Participant
has both attained age 53 and has completed at least ten (10) Years of Service with the Company. Notwithstanding the foregoing, the 2007 Restatement of this Plan, and not this Restatement, shall apply to determine Early Retirement for those
Participants designated as a 1999 Plan Executive under the Company’s Supplemental Executive Retirement Plan (“SERP”) and for those Participants who, as of August 19, 2003, had attained at least age fifty and had attained at least
10 Years of Service. 

  
 9 

 (e) “Equity Incentive Plan” means the separately stated Nordstrom, Inc. 2010 Equity
Incentive Plan, as amended through February 27, 2013 and as it may be thereafter amended from time to time, or any successor to the Equity Incentive Plan that provides for performance-based equity compensation. 

(f) “401(k) Plan” means the Nordstrom 401(k) Plan and Profit Sharing, as amended from time to time, or any successor to the 401(k)
Plan that provides for elective deferrals under Code section 401(k). 
 (g) “401(k) Plan Compensation” means
“Compensation” as defined under the 401(k) Plan. 
 (h) “Normal Retirement Date” means a Participant’s 58th
birthday; provided, however, that the Normal Retirement Date for a Participant who was designated in 2003 as a Transition Plan Executive under the SERP shall be age 55. 

(i) “Participating Subsidiaries and Affiliates” means those subsidiaries and affiliates of the Company that, subject to approval by
the Administrative Committee, have specifically acted to adopt this Plan through execution of a Participation Agreement. A list of Participating Subsidiaries and Employers as of January 1, 2014 appears as Exhibit A to this Amendment. 

(j) “Participation Agreement” means the written agreement evidencing the terms and conditions under which a particular Participating
Subsidiary or Affiliate participates in this Plan. 
 (k) “Plan Year” means the calendar year. 

(l) “Termination Date” means the termination of a Participant’s employment with the Company, and each of its subsidiaries and
affiliates, whether or not the subsidiary or affiliate participates in this Plan. A termination of employment is deemed to have occurred for purposes of this Plan on the date when the Participant and the Company reasonably anticipate that the level
of bona fide services to be provided by the Participant will be permanently reduced to 49 percent or less of the average level of bona fide services provided in the immediately preceding period of 36 consecutive months. If the Participant is on a
paid leave of absence, the Participant is treated as providing services at a level equal to the level of services that the Participant would have been required to perform to earn the amount of compensation paid during the paid leave of absence. If
the Participant is on an unpaid leave of absence, the employment relationship is presumed to terminate on the earlier of (A) the date the Participant loses his or her statutory or contractual right to re-employment (but not sooner than six
months after the unpaid leave of absence began) or (B) the date that there is no longer a reasonable expectation that the Participant will return to perform services for the Company. 

  
 10 

 (m) “Years of Service” means consecutive full years (i.e., 12 months), based on service
from the Participant’s most recent date of hire.” 

*    *    *    *    * 

IN WITNESS WHEREOF, this Amendment 2013-1 to the Nordstrom Executive Deferred Compensation Plan (2007 Restatement) is executed this    
day of                     , 2013. 
  

			
	NORDSTROM, INC.
		
	By:	 	  

		
	Title:	 	

  
 11 

 AMENDMENT 2013-1 

TO THE 
 NORDSTROM
EXECUTIVE DEFERRED COMPENSATION PLAN 
 (2007 Restatement) 

EXHIBIT A: LIST OF PARTICIPATING SUBSIDIARIES AND AFFILIATES 

as of January 1, 2014 

None. 

  
 12EX-10.1

 Exhibit 10.1 
  

					
		  	Re:	  	Sojourn Office Center
		  		  	4450 Sojourn Drive
		  		  	Addison, Texas

 SIXTH AMENDMENT TO LEASE 

 

					
	 THE STATE OF TEXAS
	  	§	  	
		  	§	  	KNOW ALL MEN BY THESE PRESENTS:
	 COUNTY OF DALLAS
	  	§	  	

 THIS SIXTH AMENDMENT TO LEASE (this “Amendment”) has been executed as of the 25th day of
October, 2013, by RAINIER ASSET MANAGEMENT COMPANY, LLC, a Texas limited liability company, AS AGENT FOR THE TENANT IN COMMON OWNERS (“Landlord”), as successor-in-interest to TNPPM LAKEVIEW SOJOURN, LLC, a Delaware limited liability
company acting by and through TNP Property Manager, LLC (“TNPPM Lakeview Sojourn”) as successor-in-interest to Wilcox Sojourn Development, Ltd. (“Original Landlord”) and AFFIRMATIVE MANAGEMENT SERVICES, INC., a
Texas corporation (“Tenant”), as successor-in-interest to Affirmative Property Holdings, Inc., a Texas corporation (“Prior Tenant”), as successor-in-interest to Old American Services, Inc., and by name change from
American Agencies Property Holdings, Inc. (“Original Tenant”). 
 R E C I T A
L S: 
 A. Original Landlord and Original Tenant have heretofore executed that certain Lease Agreement (the “Original
Lease”), dated June 3, 1999, pursuant to which Tenant leased premises now consisting of approximately 56,888 rentable square feet (the “Premises”) in that certain building located at 4450 Sojourn Drive, Addison, Texas,
and as more particularly described in the Original Lease (the “Building”). 
 B. Original Landlord, and Original Tenant
have also heretofore executed that certain First Amendment to Lease (the “First Amendment”), dated July 26, 1999, that certain Second Amendment to Lease (the “Second Amendment”), dated August 1, 2000, and
that certain Third Amendment to Lease (the “Third Amendment”), dated August 4, 2003. 
 C. Original Landlord and Prior
Tenant, as successor-in-interest to Original Tenant have heretofore executed that certain Fourth Amendment to Lease (“Fourth Amendment”), dated December 14, 2004. 

D. Landlord, as successor-in-interest to Original Landlord, and Prior Tenant have heretofore executed that certain Fifth Amendment to Lease
(“Fifth Amendment”), dated November 23, 2009. The Original Lease, as amended by the First Amendment, the Second Amendment, the Third Amendment, the Fourth Amendment, and the Fifth Amendment is referred to herein as the
“Lease”. Unless otherwise provided in this Amendment, capitalized words and phrases shall have the same meanings as those given to them in the Lease. 

 E. Landlord is the successor-in-interest to TNPPM Lakeview Sojourn and Original Landlord, and is
the current landlord with regard to the Lease. Tenant is the successor-in-interest to Prior Tenant and Original Tenant, and is the current tenant with regard to the Lease. 

F. Landlord and Tenant now desire to execute this Amendment in order to evidence their agreement to (i) extend the Term of the Lease; and
(ii) make certain other amendments to the Lease, all as more particularly set forth in this Amendment. 
 NOW THEREFORE, in
consideration of the foregoing and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, Landlord and Tenant agree as follows: 

Article I 

CERTAIN AMENDMENTS 

SECTION 1.01. Term. The Term of the Lease is extended for one hundred fifteen (115) months through and including October 31,
2024. The one hundred thirty-seven (137) month time period from June 1, 2013 (the “Effective Date”) through and including October 31, 2024 shall be referred to herein as the “Extended Term”. 

SECTION 1.02. Base Rent. Tenant’s monthly Base Rent during the Extended Term shall be as follows: 

 

									
	 Months:
	  	Annual Base Rent
per RSF*:	 	  	Monthly Base Rent*:	 
	 1 – 22
	  	$	14.00	  	  	$	66,369.33	  
	 23 – 41
	  	$	15.00	  	  	$	71,110.00	  
	 42 – 53
	  	$	15.25	  	  	$	72,295.17	  
	 54 – 65
	  	$	15.50	  	  	$	73,480.33	  
	 66 – 77
	  	$	15.75	  	  	$	74,665.50	  
	 78 – 89
	  	$	16.00	  	  	$	75,850.67	  
	 90 – 101
	  	$	16.25	  	  	$	77,035.83	  
	 102 – 113
	  	$	16.50	  	  	$	78,221.00	  
	 114 – 125
	  	$	16.75	  	  	$	79,406.17	  
	 126 – 137
	  	$	17.00	  	  	$	80,591.33	  

  

	*	Landlord hereby conditionally abates the Monthly Base Rent due for Months 23-29 above all on condition Tenant fulfills all Lease obligations. Tenant shall pay all other obligations accruing during such months. If Tenant
defaults under the Lease, beyond any applicable period of notice and cure, any remaining rent abatement shall cease from the date of such default and Tenant shall immediately pay to Landlord all sums previously abated hereunder. 

 Nothing in this Amendment alters, amends, or terminates Landlord’s and Tenant’s current
agreement that Tenant shall take a monthly credit of $6,103.00 against Rent through and including March 31, 2015. 
 SECTION 1.03.
Base Year Operating Costs. The references to “ninety five percent (95%)” in Section 3.3(d) of the Original Lease are hereby deleted and replaced with “one hundred percent (100%)”. From and after June 1, 2013,
Tenant’s Base Year shall be the calendar year 2014, except that notwithstanding the foregoing, Tenant’s Base Year with regard to the Basic Costs particularly described at Section 1.9(g) of the Original Lease shall remain the calendar
year 2009 amount attributable to Section 1.9(g) — (i.e. $2.04 per rentable square foot in the Premises). 
 SECTION 1.04.
Parking. In addition to Tenant’s parking rights under the Lease, during the Extended Term Landlord will also provide Tenant with eight (8) reserved parking spaces in a mutually acceptable location as reasonably determined by
Landlord and Tenant. Tenant may, during the term of this Lease and in Tenant’s sole discretion, construct a canopy structure subject to Landlord’s prior written approval covering such parking spaces at Tenant’s cost, and may, in
Tenant’s sole discretion, be paid for with the Landlord’s Contribution described in Exhibit A hereto. From and after June 1, 2013, Landlord shall have the right, at its option, to specify the location of Tenant’s parking spaces
granted pursuant to the Lease, and such location or locations shall be reasonably near to Tenant’s Premises. 
 SECTION 1.05.
“AS-IS”. Landlord is leasing the Premises to Tenant “as-is” “where is” without representation or warranty, without any obligation by Landlord to alter, remodel, improve, repair or decorate any part of the
Premises except as set forth in Exhibit A hereto. 
 SECTION 1.06. Commissions. Landlord and Tenant each warrant to the other that it
has not dealt with any broker, agent or other person in connection with this Amendment other than CASE Commercial Real Estate Partners and Cresa Dallas (collectively, the “Brokers”). Landlord will pay all commissions due Brokers
pursuant to a separate written agreement with Brokers. Tenant and Landlord shall each indemnify and hold harmless the other from and against any and all claims, losses, costs or expenses (including reasonable attorneys’ fees and expenses) by
any broker, agent or other person (except those of Brokers) claiming a commission or other form of compensation by virtue of having dealt with Tenant or Landlord with regard to this transaction contemplated by this Amendment. The provisions of this
section shall survive the expiration of the Extended Term or any renewal or extension thereof. 
 SECTION 1.07.
Further Amendments. The Lease shall be and hereby is further amended wherever necessary, even though not specifically referred to herein, in order to give effect to the terms of this Amendment. 

 SECTION 1.08. Extension Options. Landlord and Tenant hereby agree that the Extension
Option at Exhibit B to the Fifth Amendment is in full legal force and effect as of the Effective Date. 
 SECTION 1.09. Right of First
Refusal. Landlord hereby grants to Tenant a Right of First Refusal pursuant to Exhibit B attached hereto. Tenant’s Right of First Refusal at Exhibit C to the Fifth Amendment is hereby deleted and of no further legal force or effect. 

SECTION 1.10. Right of First Offer. Landlord hereby grants to Tenant a Right of First Offer pursuant to Exhibit C and C-1 attached
hereto. 
 SECTION 1.11. Exhibits. Landlord and Tenant agree that the following exhibits have been attached hereto and will be deemed
a part of this Amendment and the Lease for all purposes and will be in lieu of any similar rights or provisions currently set forth in the Lease: 

Exhibit A – Tenant Finish Work: Allowance 

Exhibit B – Right of First Refusal 

Exhibit B-1 – ROFR Area 

Exhibit C – Right of First Offer 

Exhibit C-1 – ROFO Space 

Article II 
 MISCELLANEOUS

 SECTION 2.01. Ratification. The Lease, as amended hereby, is hereby ratified, confirmed and deemed in full force and
effect in accordance with its terms. Each party represents to the other that such party (a) is currently unaware of any default by the other party under the Lease; and (b) has full power and authority to execute and deliver this Amendment
and this Amendment represents a valid and binding obligation of such party enforceable in accordance with its terms. 
 SECTION 2.02.
Governing Law. This Amendment shall be governed by and construed in accordance with the laws of the State of Texas. 
 SECTION
2.03. Counterparts. This Amendment may be executed in multiple counterparts each of which is deemed an original but together constitute one and the same instrument. This Amendment may be executed by facsimile and each party has the right
to rely upon a facsimile counterpart of this Amendment signed by the other party to the same extent as if such party had received an original counterpart. 

SECTION 2.04. No Offer. The submission of this Amendment to Tenant shall not be construed as an offer, nor shall Tenant have any rights
under this Amendment unless Landlord executes a copy of this Amendment and delivers it to Tenant. 

 SECTION 2.05. Confidentiality. Tenant acknowledges and agrees that the terms of this
Amendment are confidential and constitute proprietary information of Landlord. Disclosure of the terms hereof could adversely affect that ability of Landlord to negotiate other leases with respect to the Building and may impair Landlord’s
relationship with other tenants of the Building. Tenant agrees that it and its partners, officers, directors, employees, brokers, agents, and attorneys, if any, shall not disclose the terms and conditions of this Amendment to any other person or
entity without the prior written consent of Landlord which may be given or withheld by Landlord, in Landlord’s sole discretion. It is understood and agreed that damages alone would be an inadequate remedy for the breach of this provision by
Tenant, and Landlord shall also have the right to seek specific performance of this provision and to seek injunctive relief to prevent its breach or continued breach. 

SECTION 2.06. Governing Document. In the event the terms of the Lease conflict or are inconsistent with those of this Amendment, the
terms of this Amendment shall govern. 
 SECTION 2.07. Notices. All notices to be delivered to Landlord under the Lease, as amended
by this Amendment, or otherwise with respect to the Premises shall, unless Landlord otherwise notifies Tenant, be delivered to Landlord in accordance with the Lease at the following addresses: 

 

			
	Notification Address:	  	Rainier Asset Management Company, LLC
		  	Attn: Asset Manager – Sojourn Office Center
		  	13760 Noel Road #800
		  	Dallas, TX 75240

 All notices to be delivered to Tenant under the Lease, as amended by this Amendment, or otherwise with respect to the Premises
shall, unless Tenant otherwise notifies Landlord, be delivered to Tenant in accordance with the Lease at the following address: 
  

			
	Notification Address:	  	Affirmative Insurance Holdings, Inc.
		  	Attention: General Counsel’s Office
		  	4450 Sojourn Drive, Ste. 500
		  	Addison, TX 75001

 SECTION 2.08. INTENTIONALLY DELETED 

SECTION 2.09. Interpretation. No provision of this Amendment will be interpreted in favor of, or against, either party hereto by reason
of the extent to which any such party or its counsel participated in the drafting thereof or by reason of the extent to which any such provision is inconsistent with any prior draft hereof or thereof. 

SECTION 2.10. No Third-Party Beneficiaries. This Amendment does not create, and shall not be construed as creating, any rights
enforceable by any person not a party to this Amendment. 

 SECTION 2.11. Severability. If any term, provision, covenant or restriction of this
Amendment is held by a court of competent jurisdiction to be invalid, void or unenforceable, the parties shall direct that such court interpret and apply the remainder of this Amendment in the manner that it determines most closely and effectuates
their intent in entering into this Amendment and in doing so particularly take into account the relative importance of the term, provision, covenant or restriction being held invalid, void or unenforceable. 

SECTION 2.12. Waivers and Amendments; Non-Contractual Remedies; Preservation of Remedies. This Amendment may be amended, superseded,
canceled, renewed or extended, and the terms hereof may be waived, only by a written instrument signed by each of the parties or, in the case of a waiver, by the party waiving compliance. No delay on the part of any party in exercising any right,
power or privilege hereunder shall operate as a waiver thereof, nor shall any waiver on the part of any party of any right, power or privilege, preclude any further exercise thereof or the exercise of any other such right, power or privilege. The
rights and remedies herein provided are cumulative and are not exclusive of any rights or remedies that any party may otherwise have at law or in equity. 

SECTION 2.13. Anti-Terrorism Statute Compliance. Tenant hereby represents and warrants to Landlord that Tenant is not: (1) in
violation of any Anti-Terrorism Law; (2) conducting any business or engaging in any transaction or dealing with any Prohibited Person, including the making or receiving or any contribution of funds, goods, or services to or for the benefit of
any Prohibited Person; (3) dealing in, or otherwise engaging in, any transaction relating to any property or interest in property blocked pursuant to Executive Order No. 13224; (4) engaging in or conspiring to engage in any
transaction that evades or avoids, had the purpose of evading or avoiding, or attempts to violate any of the prohibitions set forth in any Anti-Terrorism Law; or (5) a Prohibited Person, nor are any of its partners, members, managers, officers,
or directors a Prohibited Person. As used herein, “Anti-Terrorism Law” is defined as any law relating to terrorism, anti-terrorism, money laundering, or anti-money laundering activities, including, without limitation, Executive
Order No. 13224 and Title 3 of the USA Patriot Act. As used herein, “Executive Order No. 13224” is defined as Executive Order No. 13224 on Terrorist Financing effective September 24, 2001, and relating to
“Blocking Property and Prohibiting Transactions With Persons Who Commit, or Support Terrorism”. “Prohibited Person” is defined as (i) a person or entity that is listed in the Annex to Executive Order No. 13224,
(ii) a person or entity with whom Tenant or Landlord is prohibited from dealing or otherwise engaging in any transaction by any Anti-Terrorism Law, or (iii) a person or entity that is named as a “specially designated national and
blocked person” on the most current list published by the U.S. Treasury Department Office of Foreign Assets Control (OFAC) as its official website, http://www.treas.gov/ofac/t11sdn.pdf, or at any replacement website or other official
publication of such list from time to time. “USA Patriot Act” is defined as the Uniting and Strengthening America by Providing Appropriate Tools Required to Intercept and Obstruct Terrorism Act of 2001 (Public Law 107-56).
Notwithstanding anything in this Lease to the contrary, Tenant acknowledges and agrees that this Lease is a continuing transaction and that the foregoing representations, certifications, and warranties are ongoing and shall be and remain true and in
full force and effect on the date hereof and throughout the Term hereof (and any 

 
extension thereof), and that any knowing breach thereof shall be an Event of Default hereunder (not subject to any notice or cure period) giving rise to Landlord’s remedies, including but
not limited to forcible eviction. Without limitation of Tenant’s other obligations as set forth herein, Tenant hereby agrees to defend, indemnify, and hold harmless Landlord from and against any and all claims, damages, losses, risks,
liabilities, fines, penalties, forfeitures, and expenses (including, without limitation, costs and attorneys’ fees) arising from or related to any breach of the foregoing representations, certification, and warranties. 

[Signatures begin on the following page.] 

 IN WITNESS WHEREOF, this Amendment has been executed as of (but not necessarily on) the date and year first above
written. 
  

			
	LANDLORD:
	
	RAINIER ASSET MANAGEMENT COMPANY, LLC, a Texas limited liability company, AS AGENT FOR THE TENANT IN COMMON OWNERS
		
	By:	 	/s/ J. Kenneth Dunn
	Name:	 	J. Kenneth Dunn
	Title:	 	Vice President
	Date:	 	10/25/2013
	
	TENANT:
	
	AFFIRMATIVE MANAGEMENT SERVICES, INC.
	a Texas corporation
		
	By:	 	/s/ Earl R. Fonville
	Name:	 	Earl R. Fonville
	Title:	 	CFO
	Date:	 	10/24/13

 EXHIBIT A 

TENANT FINISH-WORK: ALLOWANCE 

1. Except as set forth on this Exhibit, Tenant accepts the Premises “AS-IS” and acknowledges
that Landlord has no obligation to make or otherwise pay for any improvements, alterations or repairs thereto. 
 2. IMPROVEMENTS. Tenant
shall improve the Premises in accordance with plans and specifications approved in advance by Landlord (the “Plans”), which approval shall not be unreasonably withheld or delayed (such improvements are referred to herein as the
(“Improvements”). Tenant shall perform the Improvements at its own cost, subject to the Landlord’s Contribution (hereinafter defined). Tenant shall cause the Plans to be prepared, at Tenant’s cost. Tenant shall cause any
plans for any mechanical, electrical and plumbing work to be prepared by Landlord’s engineers. Tenant shall furnish the initial draft of the Plans to Landlord for its review and approval. Landlord shall within seven (7) days after receipt
either provide comments to such Plans or approve the same and Landlord’s failure to timely respond shall be deemed approval. If Landlord provides Tenant with comments to the initial draft of the Plans, Tenant shall provide revised Plans to
Landlord incorporating Landlord’s comments within seven (7) days after receipt of Landlord’s comments. Landlord shall within seven (7) days after receipt then either provide comments to such revised Plans or approve such Plans.
The process described above shall be repeated, if necessary, until the Plans have been finally approved by Landlord. The Improvements shall be performed by a contractor (the “Contractor”) reasonably acceptable to Landlord, which
approval shall not be unreasonably withheld or delayed. Tenant hereby agrees that the Plans for the Improvements shall comply with all applicable laws and regulations. Landlord’s approval of any of the Plans (or any modifications or changes
thereto) shall not impose upon Landlord or its agents or representatives any obligation with respect to the design of the Improvements or the compliance of such Improvements or the Plans with applicable laws and regulations. 

All Improvements shall be constructed in a good and workmanlike manner, and only good grades of material shall be used. All Improvements shall
be performed in such a fashion and by such means as necessary to maintain a professional work environment in the areas surrounding the space to be improved. Tenant shall only use labor that will work in peace and harmony with other contractors and
workers serving the Building in constructing the Improvements. Tenant shall avoid actions which interfere with or delay the activities of other contractors serving the Building and other tenants. Tenant shall permit Landlord to observe and monitor
all Improvements. 
 3. CHANGE ORDERS. If Tenant shall require improvements (“Change Orders”) to the Premises in addition to
or substitution for the Improvements, Tenant shall deliver to Landlord for its approval, which approval will not be unreasonably withheld or delayed, plans and specifications for such Change Orders. Landlord shall within seven (7) days after
receipt of such initial draft of plans and specifications for the Change Orders (the “Change Order Plans”) 

 
either provide comments to such Change Order Plans or approve the same, and Landlord’s failure to respond within seven (7) days after receipt of such initial draft shall be deemed
approval. If Landlord provides Tenant with comments to the initial draft of the Change Order Plans, Tenant shall provide revised Change Order Plans to Landlord incorporating Landlord’s comments within seven (7) days after receipt of
Landlord’s comments. Landlord shall then either provide comments to such revised Change Order Plans or approve such Change Order Plans. The process described in the previous sentence shall be repeated, if necessary, until the Change Order Plans
have been finally approved by Landlord. Tenant shall pay for all preparations and revisions of the Change Order Plans and the construction of all Change Orders. 

4. LANDLORD’S CONTRIBUTION. On April 1, 2015, Landlord shall contribute an amount not to exceed $10.00 per rentable square foot in
the Premises – i.e. $568,880.00 (the “Landlord’s Contribution”) to be applied toward the costs incurred by Tenant for the Improvements, Plans and Change Orders. If the cost of the Improvements, Plans and Change
Orders exceeds the Landlord’s Contribution, Tenant shall pay all of such excess costs. Upon written request of Tenant (not more frequently than twice each month), Landlord shall pay all or any portion of the Landlord’s Contribution to
Tenant, within 30 days after receipt of (a) invoices, (b) evidence satisfactory to Landlord that the work covered by such invoices has been completed in a satisfactory manner, (c) all necessary lien waivers and sworn affidavits,
(d) marked reproducible copies of the originally approved Plans showing all substantial changes made in constructing the Improvements during such period from the Plans as originally approved, and (e) such other documentation as Landlord
may reasonably require under the circumstances. Tenant shall deliver reproducible as-built Plans to Landlord at the conclusion of Improvements. Up to $3.00 of the $10.00 per rentable square foot Construction Allowance may, at Tenant’s option,
be used as an offset to Rent coming due prior to December 31, 2015, used to offset the costs of space evaluation in connection with the Improvements, project management in connection with the Improvements, furniture, fixtures or equipment, or
wiring/cabling costs. Any unspent portion of the Construction Allowance existing after December 31, 2015, may be retained by Landlord without credit or reimbursement to Tenant. 

 EXHIBIT B 

RIGHT OF FIRST REFUSAL 

Provided the Lease, as amended by this Amendment, is then in full force and effect and there is no uncured default thereunder, Tenant shall
have the right of first refusal to lease additional space in the Building consisting of Suites 100 and 150 (collectively, the “ROFR Area”). Such right of first refusal shall be exercisable at the following times and upon the
following conditions. 
 (a) If during the Term of the Lease as extended in this Amendment, Landlord receives a bona fide offer from a
prospective tenant (the “Prospective Tenant”) to lease premises (the “Offered Premises”) in the Building containing all or any part of the ROFR Area, and Landlord desires to accept such offer, Landlord shall notify
Tenant of such fact. Tenant shall have a period of seven (7) days from the date of delivery of such notice to notify Landlord whether Tenant elects to exercise the right granted hereby to lease the Offered Premises. If Tenant fails to give any
notice to Landlord within the required seven (7) day period, Tenant shall be deemed to have refused its right to lease all or any portion of the Offered Premises. 

(b) If Tenant refuses its right to lease the Offered Premises, either by giving written notice thereof or by failing to give any notice, or
Tenant fails to timely execute a lease amendment in accordance with subparagraph (c) below, Landlord shall thereafter have the right to lease the Offered Premises to the Prospective Tenant and whether or not Landlord and the Prospective Tenant
enter into a lease agreement for the Offered Premises, Tenant shall have no right of first refusal with respect to the ROFR Area until the later to occur of (i) one hundred eighty (180) days following the date (A) Tenant refuses its
right to lease the Offered Premises, either by giving written notice thereof or failing to give any notice, or (B) Tenant fails to timely execute a lease amendment expanding the Premises to include the Offered Premises (the “One Hundred
Eighty Day Period”), or (ii) the date the ROFR Area is again available to Landlord to lease following the One Hundred Eighty Day Period. 

(c) If Tenant exercises its right to lease the Offered Premises, Landlord and Tenant shall, within fifteen (15) business days after Tenant
delivers to Landlord notice of its election, enter into a lease agreement with respect to the Offered Premises on the same terms, covenants, and conditions as are contained in the Lease, except as follows: 

(i) The rentable area of the Offered Premises shall be equal to the area offered to be leased by the Prospective Tenant. 

(ii) The Base Rent rate to be paid for the Offered Premises shall be equal to the base rent rate offered to be paid by the Prospective Tenant,
including any offered increases from time to time in such rental rate. 

 (iii) The Base Year in effect for the Offered Premises shall be equal to the base year offered to
the Prospective Tenant. 
 (iv) The payment of monthly installments of Base Rent with respect to the Offered Premises shall commence on the
effective date of the lease of the Offered Premises as offered to the Prospective Tenant, or in the event no specific effective date was so offered, on the date mutually acceptable to Landlord and Tenant, and rent for any partial month shall be
prorated. 
 (v) Possession of such portion of the Offered Premises shall be delivered to Tenant on the basis offered to the Prospective
Tenant, and if no specific basis was so offered, on a basis mutually acceptable to Landlord and Tenant. Landlord will use reasonable diligence to make the Offered Premises available to Tenant as soon after the effective date stated above as it can.
Landlord shall not be liable for the failure to give possession of the Offered Premises on said date by reason of the holding over or retention of possession of any tenant, tenants, or occupants, nor shall such failure impair the validity of the
Lease, nor extend the term hereof, but the rent for the Offered Premises shall be abated until possession is delivered to Tenant and such abatement shall constitute full settlement of all claims that Tenant might otherwise have against Landlord by
reason of said failure to give possession of the Offered Premises to Tenant on the scheduled effective date. 
 (vi) The term of the lease of
the Offered Premises shall commence on the date determined pursuant to subparagraph (c) (iv) above, and shall continue thereafter for the full term offered to the Prospective Tenant. 

(d) Notwithstanding anything herein to the contrary, Tenant’s right of first refusal pursuant to this paragraph shall be subordinate to
any and all rights, including without limitation, renewal rights, expansion rights, rights of first refusal and rights of first offer, under any existing lease demising premises in the Building. 

(e) The right of refusal hereby granted Tenant shall cease on, and be ineffective after, the expiration of the Extended Term whether or not any
option to renew and extend the Lease is exercised by Tenant. 
 (f) Any assignment or subletting by Tenant of the Lease, or any termination
of the Lease or termination of Tenant’s right to possess the Premises, shall terminate the refusal right of Tenant hereby granted. 

 EXHIBIT B-1 

ROFR AREA 
  

 

 EXHIBIT C 

RIGHT OF FIRST OFFER 

Subject to then-existing renewal or expansion options of other tenants, prior to offering to lease Suite 200 and/or 300 (the
“ROFO Space”) to a party other than Tenant, Landlord shall first offer to lease to Tenant the ROFO Space in an “as is” condition. Such offer shall be in writing and specify the rent to be paid for
the ROFO Space, the date on which the ROFO Space shall be included in the Premises, and any other terms upon which Landlord is willing to lease the ROFO Space to Tenant (the “Offer Notice”). Tenant shall notify
Landlord in writing whether Tenant elects to lease the entire ROFO Space upon the terms set forth in the Offer Notice, within five (5) business days after Landlord delivers to Tenant the Offer Notice. If Tenant timely elects to lease
the ROFO Space, then Landlord and Tenant shall execute an amendment to the Lease, effective as of the date the ROFO Space is to be included in the Premises, on the same terms as the Lease except that (a) the rentable area of the
Premises shall be increased by the rentable area in the ROFO Space (and Tenant’s Proportionate Share shall be adjusted accordingly), (b) the Base Rent shall be increased by the amount specified for such space in the Offer Notice, and
(c) Landlord shall not provide to Tenant any allowances or other tenant inducements, except for those set forth in the Offer Notice. If Tenant fails or is unable to timely exercise its right hereunder, then such right shall lapse, time
being of the essence with respect to the exercise thereof, and Landlord may lease the ROFO Space to third parties on such terms as Landlord may elect. Tenant may not exercise its rights under this paragraph if an Event of Default exists or
Tenant is not then occupying the entire Premises. Tenant’s rights under this paragraph shall terminate if the Lease or Tenant’s right to possession of the Premises is terminated. 

 EXHIBIT C-1 

ROFO SPACE 
 Suite 200

  
 

 

 Suite 300

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