Document:

EXHIBIT 10.18

    

    

    RESTRICTED STOCK UNIT AWARD NOTICE

    

    

    «FIRST_NAME» «MIDDLE_NAME». «LAST_NAME»

    «HOME_STREET»

    «HOME_CITY», «HOME_PROVINCE» «HOME_POSTAL_CODE»

    

    

    Pursuant to the terms and conditions of the Haverty Furniture Companies, Inc. 2014 Long-Term Incentive Plan (the “Plan”), on January 31,
        2019, you were granted a restricted stock unit award (“RSU”) in the amount of «number_awarded» units.  Each RSU is equivalent to one share of common stock upon
        vesting.

    

    

    Subject to your continued employment with the Company, your award will vest over four years in accordance with the following schedule:

    

    

    25% vest on May 8, 2020

    25% vest on May 8, 2021

    25% vest on May 8, 2022

    25% vest on May 8, 2023

    

    

    Until vested, the units represented by this award are not entitled to receive cash dividends and do not have the right to vote. This award
        will vest immediately upon a change in control, death or permanent and total disability as defined in Section 2 of the Plan.  Awards not vested at retirement will be forfeited. Please consult the 2014 Long-Term Incentive Plan Prospectus for a complete understanding of Havertys’ equity award program.

    

    

    This is a summary of the award.  The grant agreement and Plan Prospectus are the authoritative source for all questions on awards made under
        the Plan.EXHIBIT 10.19

  

   

    

   

    

  
    PERFORMANCE CONTINGENT RESTRICTED STOCK UNITS – EBITDA – AWARD NOTICE

    

    

    «FIRST_NAME» «MIDDLE_NAME». «LAST_NAME»

    «HOME_STREET»

    «HOME_CITY», «HOME_PROVINCE»«HOME_POSTAL_CODE»

    

    

    Pursuant to the terms and conditions of the Haverty Furniture Companies, Inc. 2014 Long-Term Incentive Plan (the “Plan”), you have been
        granted Performance Restricted Stock Units (PRSUs) based on EBITDA.  The general terms of this grant of PRSUs are outlined below.

    

    

    	
            Grant Date:

          	
            January 31, 2019

          
	
            Performance Period:

          	
            January 1 – December 31, 2019

          
	
            Target Number of PRSUs:

          	
            «Number_Granted»

          
	
            Performance Measure:

          	
            EBITDA

          
	
            Vesting Date:

          	
            February 28, 2022

          

    

    

    The actual number of PRSUs that can become vested is based on achieving the level of EBITDA during the Performance Period as noted below:

    	
            Performance Level*

          	
            % Target EBITDA

          	
            EBITDA ($ in millions)

          	
            % Target Shares Earned

          
	
            Outstanding

          	
            125%

            120%

            110%

          	
            $XXX

            $XXX

            $XXX

          	
            175%

            160%

            130%

          
	
            Target

          	
            100%

            90%

          	
            $XXX

            $XXX

          	
            100%

            70%

          
	
            Threshold

          	
            80%

          	
            $XXX

          	
            40%

          
	
            Below Threshold

          	
            < 80%

          	
            <   $XXX

          	
            0%

          

    

    

    	
            *

          	
            Straight-line interpolation will apply to performance levels between the ones shown.

          

    

    

    Each PRSU is equivalent to one share of common stock upon vesting.

    

    

    Until vested, the units represented by this award are not entitled to receive cash dividends and do not have the right to vote. This award
        will vest immediately upon a change in control, death or disability as defined in Section 2 of the Plan.  If you leave Havertys, other than in the case of death, disability or retirement, unvested awards are forfeited.  Except as the Nominating,
        Compensation and Governance Committee (the “NCG Committee”) may at any time otherwise provide in their sole discretion or as required to comply with applicable law, units not vested at retirement will vest on the Vesting Date as outlined in the
        grant agreement.  Retirement shall mean voluntary retirement from Havertys, on or after age 65, upon written notice from you to the Company that you are permanently retiring from the Company and the retail furniture industry.  Please consult the 2014 Long-Term Incentive Plan Prospectus for a complete understanding of Havertys’ equity award program.

    

    

    This is a summary of the award.  The grant agreement and Plan Prospectus are the authoritative source for all questions on awards made under
        the Plan.EXHIBIT 10.20

      

    

       

    

    PERFORMANCE CONTINGENT RESTRICTED STOCK UNITS – SALES – AWARD NOTICE

    

    

    «FIRST_NAME» «MIDDLE_NAME». «LAST_NAME»

    «HOME_STREET»

    «HOME_CITY», «HOME_PROVINCE»«HOME_POSTAL_CODE»

    

    

    Pursuant to the terms and conditions of the Haverty Furniture Companies, Inc. 2014 Long-Term Incentive Plan (the “Plan”), you have been
        granted Performance Restricted Stock Units (PRSUs) based on comparable store sales percentage increases.  The general terms of this grant of PRSUs are outlined below.

    

    

    	
            Grant Date:

          	
            January 31, 2019

          
	
            Performance Period:

          	
            January 1 – December 31, 2019

          
	
            Target Number of PRSUs:

          	
            «Number_Granted»

          
	
            Performance Measure:

          	
            Comparable Store Sales % Increase

          
	
            Vesting Date:

          	
            February 28, 2022

          

     

      

    The actual number of PRSUs that can become vested is based on achieving the level of Comparable Store Sales % Increase over 2018 (“Comp
        Increase”) during the Performance Period as noted below:

    

    

    	
             

             

            Performance Level*

          	
            Comparable Store

            Sales % Increase

            Over 2018

          	
            % Target

            Shares

            Earned

          
	
            Outstanding

          	
            XXX%

            XXX%

            XXX%

            XXX%

          	
            XXX%

            XXX%

            XXX%

            XXX%

          
	
            Target

          	
            XXX%

            XXX%

            XXX%

            XXX%

          	
            XXX%

            XXX%

            XXX%

            XXX%

          
	
            Threshold

          	
            XXX%

          	
            XXX%

          
	
            Below Threshold

          	
            < XXX%

          	
            XXX%

          

    

    

    Each PRSU is equivalent to one share of common stock upon vesting.

    

    

    Until vested, the units represented by this award are not entitled to receive cash dividends and do not have the right to vote. This award
        will vest immediately upon a change in control, death or disability as defined in Section 2 of the Plan.  If you leave Havertys, other than in the case of death, disability or retirement, unvested awards are forfeited.  Except as the Nominating,
        Compensation and Governance Committee (the “NCG Committee”) may at any time otherwise provide in their sole discretion or as required to comply with applicable law, units not vested at retirement will vest on the Vesting Date as outlined in the
        grant agreement.  Retirement shall mean voluntary retirement from Havertys, on or after age 65, upon written notice from you to the Company that you are permanently retiring from the Company and the retail furniture industry.  Please consult the 2014 Long-Term Incentive Plan Prospectus for a complete understanding of Havertys’ equity award program.

    

    

    This is a summary of the award.  The grant agreement and Plan Prospectus are the authoritative source for all questions on awards made under
        the Plan.FIFTH AMENDMENT TO LEASE

    

    

    THIS FIFTH AMENDMENT TO LEASE (this “Amendment”) is entered into as of the 3rd day of December 2018 (the “Effective Date”) by and between
        1090 BROADWAY AVENUE DISTRIBUTION INVESTORS LLC, a Delaware limited liability company (“Landlord”) and HAVERTY FURNITURE COMPANIES, INC., a
        Maryland corporation (“Tenant”).

    

    

    WITNESSED THAT:

    

    

    WHEREAS, Landlord and
          Tenant are parties to that certain Lease Agreement, dated as of July 26, 2001, as amended by First Amendment to Lease, dated November, 2001, as amended by Second Amendment to Lease, dated July 29, 2002, as amended by Third Amendment to Lease,
          dated July 29, 2005, and as amended by Fourth Amendment to Lease, dated December 22, 2006 (the Lease, as so amended, is herein referred to as the "Lease"), pursuant to which Tenant leases certain improved real
          property in Braselton, Jackson County, Georgia, containing 807,990 square feet and more particularly described in the Lease (the "Premises").

    

    

    WHEREAS, Landlord and Tenant now desire to amend the Lease to extend the term,
        adjust the base rent and for other matters set forth herein.

    

    

    NOW, THEREFORE, for and in consideration of the premises and the sum of Ten and No/100

    .Dollars ($10.00) and for other good and valuable consideration, the receipt, adequacy and sufficiency of which are hereby acknowledged, the parties do hereby covenant and agree as follows:

    

    

    1. Defined Terms. Terms used herein with an initial capital letter or initial capital letters and not otherwise
        defined herein, shall have the meanings given such terms in the Lease.

    

    

    2. Term. The Expiration Date of the primary term of the Lease is hereby extended from April 30, 2021 until April 30, 2031.

    

    

    3. Base Rent. Prior to January 1, 2019, Base Rent due under the Lease shall be as set forth in the Lease.
        Commencing on January 1, 2019, any and all provisions in the Lease with regard to amounts of Base Rent due under the Lease during the initial term and prior to the Expiration Date shall be replaced with the following:

    

    

    	
            Rent Period

          	
            Rent Per Square Foot

          	
            Monthly Base Rent

          
	
            January 1, 2019 – January 31, 2019

          	
            $0.00

          	
            $0.00

          
	
            February 1, 2019 – December 31, 2019

          	
            $3.40

          	
            $228,930.50

          
	
            January 1, 2020 – January 31, 2020

          	
            $0.00

          	
            $0.00

          
	
            February 1, 2020 – December 31, 2020

          	
            $3.47

          	
            $233,643.78

          
	
            January 1, 2021 – April 30, 2021

          	
            $3.54

          	
            $238, 357.05

          
	
            May 1, 2021 – April 30, 2022

          	
            $3.20

          	
            $215,464.00

          
	
            May 1, 2022 – April 30, 2023

          	
            $3.26

          	
            $219,503.95

          
	
            May 1, 2023 – April 30, 2024

          	
            $3.33

          	
            $224,217.23

          
	
            May 1, 2024 – April 30, 2025

          	
            $3.40

          	
            $228,930.50

          
	
            May 1, 2025 – April 30, 2026

          	
            $3.46

          	
            $232,970.45

          
	
            May 1, 2026 – April 30, 2027

          	
            $3.53

          	
            $237,683.73

          
	
            May 1, 2027 – April 30, 2028

          	
            $3.60

          	
            $242,397.00

          
	
            May 1, 2028 – April 30, 2029

          	
            $3.68

          	
            $247,783.60

          
	
            May 1, 2029 – April 30, 2030

          	
            $3.75

          	
            $252,496.88

          
	
            May 1, 2030 – April 30, 2031

          	
            $3.82

          	
            $257,210.15

          

    

    

    
      
        

    

    4. Extension Options. Section 2.04
          of the Lease is hereby deleted in its entirety and replaced with the
          following:

    

    

    "2.04 Option to Extend.

    

    

    (a) Exercise of Extension Option. Provided Tenant is not in default (beyond applicable notice and grace periods) pursuant to any of the terms and conditions of this Lease, at the date of both the Extension
        Notice and the effective date of the Extension Option, Tenant shall have the option (the "Extension Option") to renew this Lease for an additional five (5) year period (the "Extended Term") commencing on the date following the Expiration Date upon
        the terms and conditions  contained  in this Section 2.04. To exercise the Extension Option, Tenant shall give Landlord notice (the "Extension Notice") of intent to exercise said Extension Option not less than nine (9) months prior to the end of
        the current Term of the Lease. The notice shall be given as provided in Article XXII hereof. In the event Tenant exercises the Extension Option, this Lease will terminate in its entirety at the end of the Extended Term and Tenant will have no
        further option to renew or extend the Term of this Lease.

    

    

    (b) Procedures for Determining Prevailing Market Rate.

    

    

    
      	
              (i)

            	
              If Tenant timely exercises the
                    Extension Option, not later than six (6) months prior to the commencement of the Extended Term, Landlord shall deliver to Tenant a good faith written proposal of  the Prevailing Market Rate (as defined below) for the Premises for the
                    Extended Term. Within thirty (30) days after receipt of Landlord's proposal, Tenant shall notify Landlord in writing that (i) Tenant accepts Landlord's proposal or (ii) Tenant rejects Landlord's proposal. If Tenant does not give Landlord a timely notice in response to Landlord's proposal, Landlord's proposal of Prevailing Market Rate for the Extended Term shall be deemed accepted by Tenant.

            

    

    

    

    
      	
              (ii)

            	
              If Tenant timely rejects Landlord's
                    proposal, Landlord and Tenant shall first negotiate in good faith
                    in an attempt to agree upon the Prevailing Market Rate for the
                    Extended Term. If Landlord and Tenant are able to agree within thirty (30) days following the earlier of (i) Landlord's receipt of Tenant' s notice rejecting Landlord's proposal or (ii) the expiration of the thirty
                    (30) day period referred to in subparagraph (b)(i) above (the "Negotiation Period"), such agreement shall constitute a determination of Prevailing Market Rate for purposes of this Section. If Landlord and Tenant
                    are unable to agree upon the Prevailing Market Rate during the
                    Negotiation Period, then within thirty (30) days after expiration
                    of the Negotiation Period, the parties shall meet and concurrently deliver to each other their respective written estimates of the Prevailing Market Rate for the Extended Term, supported by the reasons therefore (respectively, "Landlord's Determination" and "Tenant's Determination"). If
                    either party fails to deliver its Determination in a timely manner,

                    then the Prevailing Market Rate shall be the amount specified by the other party. If the higher of such Determinations is not more than one hundred five percent (105%) of the lower of such Determinations, then the Prevailing Market Rate shall be the average of the two Determinations. If the
                    Prevailing Market Rate is not resolved by exchange of the Determinations, the Prevailing Market Rate shall be determined as follows, each party being bound to its Determination and such Determination constituting
                    the only two choices available to the Appraisal Panel (as
                    hereinafter defined).

            

    

    

    

    

    
      
        

    

    
      	
              (iii)

            	
              Within thirty (30) days after the
                    parties exchange Landlord's and Tenant's Determinations, the parties shall each appoint a neutral and impartial appraiser who shall be certified as an MAI or ASA appraiser and shall have at least ten (10) years' experience, immediately prior to his or her appointment, as a real estate appraiser of warehouse/industrial properties in the City and County where the Project is located. For
                    purposes hereof, an "MAI" appraiser means an individual who holds an MAI designation  conferred by, and is an independent member of, the American Institute of Real Estate Appraisers (or its
                    successor organization, or, if there is no successor organization,
                    the organization and designation most similar), and an "ASA" appraiser means an individual who holds the Senior Member designation conferred by, and  is an independent member of, the American Society of Appraisers (or its successor organization, or, if there  is no successor organization, the organization and designation most similar). If either Landlord or Tenant fails to appoint an appraiser within said thirty
                    (30) day period, the Prevailing Market Rate for the Extended Term shall be the Determination of the other party who timely appointed an appraiser.

            

    

    

    

    Landlord's

          and Tenant's appraisers shall work together in good faith to appoint a neutral or impartial third party appraiser within ten (I 0) days, and notify both Landlord and Tenant of such selection. Within five (5) days following notification of the identity of the third appraiser, Landlord and Tenant shall submit copies of Landlord's Determination and Tenant's Determination to the third appraiser. The three appraisers are referred to herein as the "Appraisal Panel." The Appraisal Panel, if it
          so elects, may conduct a hearing, at which Landlord and Tenant may each make
          supplemental oral and/or written presentations, with an opportunity for rebuttal by the other party and for questioning by the members of the Appraisal Panel. The Appraisal Panel shall then work together in good faith to decide which of the two
          Determinations more closely reflects the Prevailing Market Rate of the
          Premises for the Extended Tenn. Within forty-five (45) days following the appointment of the third appraiser, the Appraisal Panel, by majority vote, shall select either Landlord's Determination or Tenant's Determination as the Prevailing Market Rate of the Premises for the Extended Term, and shall have no right to propose a
          middle ground or to modify either of the two proposals or the provisions of this Lease. The Determination selected by the Appraisal Panel shall be binding upon Landlord and Tenant. The decision of the Appraisal Panel shall be final and binding upon the parties and may be enforced in accordance with the
          provisions of Georgia law. In the event of the failure, refusal or inability
          of any member of the Appraisal Panel to act, a successor shall be appointed in
          the manner that applied to the selection of the member being replaced.

    

    

    
      	
              (iv)

            	
              Each party shall pay the fees and
                    expenses of the appraiser appointed by such party, and one-half of
                    the fees and expenses of the third appraiser and the expenses incident to the proceedings of the Appraisal Panel (excluding attorneys' fees and similar expenses of the parties which shall be borne separately by each of the parties).

            

    

    

    

    (c) Prevailing Market Rate. As used
          in this Lease, the phrase "Prevailing  Market  Rate" means  the amount that a landlord under no compulsion to lease the
          Premises, and a tenant under no compulsion to lease the Premises, would agree upon at arm's length as Base Rent for the Premises for the Extended Term, as of the commencement of the Extended Term. The Prevailing Market Rate shall be based upon non- sublease, non-encumbered, non-equity lease transactions recently entered into for space in the Building and in comparable buildings ("Comparison Leases") and may include periodic increases. Rental rates payable
          under Comparison Leases shall be adjusted to account for variations between this Lease and the Comparison Leases with respect to: (i) the length of the Extended

          Term compared to the lease term of the Comparison Leases; (ii) rental structure, including additional rent, and taking into consideration any "base year" or "expense stops"; (iii) the size of the Premises compared
          to the size of the premises under the Comparison Leases; (iv) utility, location,

          number of docks and efficiencies of the Premises compared to the premises
          under the Comparison Leases; (v) the age and quality of construction of the Building; (vi) the value of existing leasehold improvements to Tenant; and (vii) the
          financial condition and credit history of Tenant compared to the tenants under the Comparison Leases. In determining the Prevailing Market Rate, no consideration shall be given to (i) any rental abatement period granted to tenants in Comparison
          Leases in connection with the design and construction of tenant improvements, (ii) whether Landlord or the landlords under Comparison Leases are paying real estate brokerage commissions in connection with Tenant's exercise of the Extension Option or in connection with the Comparison Leases, and (iii) moving
          allowances paid.

    

    

    
      
        

    

    (d) This Extension Option under this Section 2.04 is personal to the original Tenant under the Lease."

    

    

    5. HVAC and Heat Pump Repair and Replacement. Schedule I attached hereto and incorporated herein itemizes
          the HVAC units (the "HVAC Units"), lieberts (the "Lieberts") and heat pumps (the "Heat Pumps" and together with the HVAC Units and
          the Lieberts, the "Equipment") located in the Premises, together with model numbers for each item of Equipment, to be
          replaced by Landlord pursuant to this Section 5 (the "Replacement List"). On or before June 30, 2019, Landlord shall, at its sole cost and expense, replace each item of Equipment scheduled for
          replacement, as indicated on the Replacement List. For each item of Equipment that is not so replaced by Landlord or is not recommended to be replaced pursuant to the Cajun Air Inspection Report dated July 2018 (the "Repaired Equipment"), Landlord shall implement a monitoring and replacement  program as follows.  Every two (2) Lease Years of the first six (6) Lease Years from and after the Effective
          Date of this Amendment, Landlord shall obtain an annual assessment of each item of Repaired Equipment from three (3) HVAC contractors selected by Landlord (the "Contractor Reports") and will review
          the results of such Contractor  Reports with Tenant. If the Contractor Reports indicate that the average cost to repair any item of Repaired Equipment is more than or equal to fifteen percent (15%) of the average cost to replace such Repaired
          Equipment (the "Replacement Criteria"),
        Landlord shall replace such Repaired Equipment in accordance with this Section 5. If the Contractor Reports indicate that the cost to repair such Repaired Equipment
          does not exceed the Replacement Criteria, Landlord shall be permitted to repair such Repaired Equipment as prescribed in the Contractors Reports. Once the cost of the cumulative repair work for any item of Repaired Equipment exceeds the Replacement Criteria, Landlord will replace such item of Equipment. Any Repaired
          Equipment that has not yet been replaced by Landlord pursuant to this Section 5 will be replaced by Landlord in the sixth (6"') Lease Year from and after the Effective Date of this Amendment. Any  repairs or replacements of the Repaired Equipment
          pursuant to this Section 5 shall be completed by Landlord on or before April 15 of the year in which such Repaired Equipment is assessed, subject to delays as a result of force majeure or delays caused by Tenant. Any Equipment replaced pursuant to this Amendment shall be replaced and installed pursuant to the specifications
          of the original manufacturer's current model for such item of Equipment.

    

    

    In the event any item of Repaired Equipment
          fails during the first six (6) Lease Years from and after the Effective Date (regardless of whether it is scheduled for repair or replacement pursuant to this Section 5), and the estimated cost to repair such item of Equipment exceeds $1,000.00,
          Landlord shall, at its sole cost and expense, promptly repair or replace such failed Repaired Equipment within thirty (30) days following written notice from Tenant of such failure. Any and all repairs and replacements shall be conducted in
          accordance with industry standards for workmanship, materials, procedures and processes, in a good and workmanlike manner, and in compliance with all applicable, rules, regulations codes and laws. In no event shall the replacement costs incurred by Landlord pursuant to this Section 5 be passed through to Tenant. Prior to Landlord conducting any of the repair or replacements required pursuant to
          this Section 5, Landlord shall give Tenant notice as required pursuant to Section 7 hereof and submit to Tenant for approval the material specifications for such replacement; provided, however, Landlord shall only be required to give Tenant five
          (5) days' notice of annual assessments of the Repaired Equipment.  Tenant
          shall  continue  to  maintain  the  HYAC  systems  in  accordance  with  Section  9.01(f)  of the  Lease and, notwithstanding anything to the contrary in Section 9.0 l(f) of the Lease, Landlord shall be required to make any repairs, alterations and replacements to the Equipment (to the extent over $1,000 per single occurrence) during the Tenn. In the event of a conflict between
          Section 9.01(f) of the Lease and this Section 5, this
          Section 5 shall control.

    

    

    
      
        

    

    5.

        Additional Landlord Repairs. Landlord, at Landlord ' s sole cost and expense, which cost and expense shall in no event be passed through to
          Tenant, perform the following repairs and improvements to the Premises to
          Tenant's satisfaction:

    

    

    (a) On or before June 30, 2019, (i) seal coat select portions of existing asphalt, (ii) stripe and restripe existing concrete and (iii) repair damaged sections of the existing asphalt or concrete, all as indicated on Schedule 2 attached hereto and incorporated herein. Materials and workmanship shall conform to applicable state and local codes and
          ordinances. Landlord shall match quality and finish of original asphalt
          paving.

    

    

    (b) On or before June 30, 2019, re-paint the existing exterior surfaces of the warehouse and office building of the Premises,
          including existing painted ferrous and galvanized metals, and concrete and EIFS walls. Colors shall match existing, original colors for each material. Acceptable
          paint manufacturers include Benjamin Moore and Sherwin Williams, and
          materials shall comply with applicable city, county, state and federal requirements and ordinances regarding maximum VOC content. Materials and workmanship shall conform to applicable state and local codes and ordinances, including, without limitation, applicable building codes for flame/fuel/smoke rating
          requirements for finishes.

    

    

    (c) On or before June 30, 2019, replace the existing roof of the Premises and all accessory components of such roof, including, without limitation, membranes, crickets, gutters, flashing and scuppers in accordance with the
          requirements of the existing roof and the accessory components of the existing roof currently in place at the Premises. Materials, workmanship, insulation and fastening systems shall conform to applicable state and local codes and ordinances.

    

    

    6. Notice of Commencement of Work. Prior to conducting any of the work required pursuant to Section 5 or Section 6 hereof, Landlord shall give Tenant twenty (20) days prior written notice and Tenant and Landlord shall work together to reach mutual agreement regarding incremental phasing of any of such work so as to minimize or
        avoid any interference with Tenant's regular business operations at the Premises.

    

    

    7. Compliance with Laws. Without

          limitation on anything contained in this Amendment or the Lease, all work
          undertaken by Landlord pursuant to the Lease, as amended by this Amendment, shall be in compliance with all applicable federal, state, county, municipal or local government laws, ordinances, regulation s, rules and orders, including,
          without limitation, Environmental Laws and the Americans With Disabilities Act and the Occupational Safety and Health Act of 1970, as amended.

    

    

    
      
        

    

    

    

    8. Notices. Section 22.0l(a) of the
          Lease is hereby amended by replacing the notice address for Tenant as follows:

    

    

    Haverty

          Furniture Companies, Inc.

    Attention:  Real Estate Director

    780 Johnson Ferry Road, Suite 800

    Atlanta, GA. 30342 With a copy to:

    Haverty Furniture Companies, Inc.

    Attention: Janet E. Taylor

    780 Johnson Ferry Road, Suite 800

    Atlanta, GA. 30342

    

    

    9. Conflict; No Further Modification. In the event of any conflict between the Lease  and this Amendment, the
        terms and provisions of this Amendment shall prevail. Except as set forth in this Amendment, all of the terms and provisions of the Lease shall continue and remain unmodified and in full force and effect and Landlord and Tenant each hereby ratifies
        and confirms its obligations thereunder.

    

    

    10. Brokerage. Landlord and Tenant each represents and warrants to the other that it has had no dealings with any real estate broker or agent in connection with this Amendment other than
          Colliers International, as tenant's broker, and Seefried Properties, Inc., as Landlord's broker (collectively, the "Brokers"). Landlord shall pay all commissions due to the Brokers pursuant to a separate agreement with the Brokers. Landlord and Tenant each hereby covenants to pay, hold harmless and indemnify the other party from and against any and all cost, expense or liability for any compensation, commissions and charges claimed by any other broker or other agent with respect to this
          Amendment or the negotiation thereof arising out of any acts of Landlord or Tenant, as applicable.

    

    

    11. Miscellaneous. This Amendment shall be binding upon and  inure to the benefit of Land lord, Tenant and their respective legal representatives, successors and permitted assigns. This Amendment may be executed in counterparts, each of which shall be deemed an original and all of which shall be deemed one and the same instrument. Time
          is of the essence.  This Amendment  shall be subject to, governed by, and construed pursuant to the laws of the State of Georgia .

    

    

    12. Ratification. Except as herein expressly modified by this Amendment, each and every
          term, condition, warranty and provision of the Lease remains in full force and effect, and such are hereby ratified, confirmed and approved by the parties to this Amendment.

    

    

    

    

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        PAGE]

    

    

    

    

    
      
        

    

    

    

    

    

    

    

    IN WITNESS WHEREOF, the parties have executed this Amendment under seal as of the
        day and year first above written.

    

    

    

    

    

    

    TENANT:

    

    

    HAVERTY FURNITURE COMPANIES, INC.,

    A Maryland corporation

    

    

    By: /s/ Rawson Haverty, Jr.

    Name: Rawson Haverty Jr.

    Title: SVP, Real Estate & Development

    

    

    

    

    

    

    LANDLORD:

    

    

    1090 BROADWAY AVENUE DISTRIBUTION INVESTORS LLC,

    a Delaware limited liability company

    

    

    By:
          TPF Equity REIT Operating Partnership LP, its sole member

    

    

    By: TPF Equity REIT Operating Partnership GP LLC, its general partner

    

    

    By: /s/ Brent Hall

    Name:  Brent Hall

    Title:  Executive
            Director

    

     

    
      
        

    

    Schedule 1

    

     Replacement
        List

    

     

    

    
      	
              1090 Broadway Ave ( HAVERTY ) Equipment Inspection Report

            
	
              Trane+C48+A2:Y3+A2:A2:Y40

            	
              Mechanical operation

            	
              Make

            	
              RTU #/     Heater #

            	
              Model Number

            	
              Serial Number

            	
              Filter size

            	
              QNTY

            	
              Belt size

            	
              QNTY

            	
              TON & Size

            	
               MFD

            	
              VOLT & Phase

            	
              Refrigerant & Fuel Type

            	
              Condition             (good/fair/

              poor)

            
	
              1090 Broadway Ave

            	
              RTU-Gas

            	
              Trane

            	
              #1

            	
              YSC090A4RLA0FF000A1D00200D

            	
              206101332L

            	
              16x25x2

            	
              4

            	
              AX32

            	
              1

            	
              7.5

            	
              2002

            	
              460 V -3 Ph

            	
              R- 22 Refrigerant

            	
              POOR

            
	
              1090 Broadway Ave

            	
              RTU-Gas

            	
              Trane

            	
              #4

            	
              YCD240B4L0HA

            	
              203101105D

            	
              20x25x2        20x20x2

            	
              4              2

            	
              BX75

            	
              1

            	
              20

            	
              2002

            	
              460 V -3 Ph

            	
              R- 22 Refrigerant

            	
              POOR

            
	
              1090 Broadway Ave

            	
              RTU-Gas

            	
              Trane

            	
              #7

            	
              YSC102A4RLA0EF000A1000200D

            	
              20610303L

            	
              20x25x2

            	
              4

            	
              AX35

            	
              1

            	
              8.5

            	
              2002

            	
              460 V -3 Ph

            	
              R- 22 Refrigerant

            	
              POOR

            
	
              1090 Broadway Ave

            	
              RTU-Gas

            	
              Trane

            	
              #9

            	
              YSC060A4RHA0HF20

            	
              2061393L

            	
              20x30x1

            	
              2

            	
              AX26

            	
              1

            	
              5

            	
              2002

            	
              460 V -3 Ph

            	
              R- 22 Refrigerant

            	
              POOR

            
	
              1090 Broadway Ave

            	
              RTU-Gas

            	
              Trane

            	
              #22

            	
              YSC090A4R6A0HF000A1000200

            	
              21100564L

            	
              16x25x2

            	
              4

            	
              AX35

            	
              1

            	
              7.5

            	
              2002

            	
              460 V -3 Ph

            	
              R- 22 Refrigerant

            	
              POOR

            
	
              1090 Broadway Ave

            	
              RTU-Gas

            	
              Trane

            	
              #24

            	
              YSC090A4R6A0HF000A1000200

            	
              211100576L

            	
              16x25x2

            	
              4

            	
              AX35

            	
              1

            	
              7.5

            	
              2002

            	
              460 V -3 Ph

            	
              R- 22 Refrigerant

            	
              POOR

            
	
              1090 Broadway Ave

            	
              RTU-Gas

            	
              Trane

            	
              #25

            	
              YSC090A4R6A0HF000A1000200

            	
              211100599L

            	
              16x25x2

            	
              4

            	
              AX35

            	
              1

            	
              7.5

            	
              2002

            	
              460 V -3 Ph

            	
              R- 22 Refrigerant

            	
              POOR

            
	
              1090 Broadway Ave

            	
              RTU-Gas

            	
              Trane

            	
              #27

            	
              YSC090A4R6A0HF000A1000200

            	
              211100557L

            	
              16x25x2

            	
              4

            	
              AX35

            	
              1

            	
              7.5

            	
              2002

            	
              460 V -3 Ph

            	
              R- 22 Refrigerant

            	
              POOR

            
	
              1090 Broadway Ave

            	
              RTU-Gas

            	
              Trane

            	
              #30

            	
              YSC090A4RLA0HF000A1000200

            	
              211100584L

            	
              20x25x2

            	
              4

            	
              AX32

            	
              1

            	
              7.5

            	
              2002

            	
              460 V -3 Ph

            	
              R- 22 Refrigerant

            	
              POOR

            
	
              1090 Broadway Ave

            	
              RTU-Gas

            	
              Trane

            	
              #36

            	
              YSC090A4RLA29F0B0A10000B0

            	
              544100338L

            	
              16x25x2

            	
              4

            	
              AX32

            	
              1

            	
              7.5

            	
              2005

            	
              460 V -3 Ph

            	
              R- 22 Refrigerant

            	
              POOR

            
	
              1090 Broadway Ave

            	
              RTU-Gas

            	
              Trane

            	
              #38

            	
              YSC090A4RLA29F0B0A10000B0

            	
              544100871L

            	
              16x25x2

            	
              4

            	
              AX32

            	
              1

            	
              7.5

            	
              2005

            	
              460 V -3 Ph

            	
              R- 22 Refrigerant

            	
              POOR

            
	
              1090 Broadway Ave

            	
              RTU-Gas

            	
              Trane

            	
              #39

            	
              YSC090A4RLA29F0B0A10000B0

            	
              544100655L

            	
              16x25x2

            	
              4

            	
              AX32

            	
              1

            	
              7.5

            	
              2005

            	
              460 V -3 Ph

            	
              R- 22 Refrigerant

            	
              POOR

            
	
              1090 Broadway Ave

            	
              Heat Pump Condenser

            	
              Lennox

            	
              #3

            	
              HP26-036-5G

            	
              5805B10475

            	
              N/A

            	
               

            	
              N/A

            	
               

            	
              3

            	
              2005

            	
              460 V -3 Ph

            	
              R- 22 Refrigerant

            	
              POOR

            
	
              1090 Broadway Ave

            	
              Air Handler

            	
              Lennox

            	
              #3

            	
              NOT ABLE TO ACCESS

            	
              NOT ABLE TO ACCESS

            	
              ???

            	
              ????

            	
              ????

            	
              ????

            	
              3

            	
              2005

            	
              230 V - 1 Ph

            	
              R- 22 Refrigerant

            	
              POOR

            
	
              1090 Broadway Ave

            	
              Air Handler

            	
              Trane

            	
              #4

            	
              NOT ABLE TO ACCESS

            	
              NOT ABLE TO ACCESS

            	
              ???

            	
              ????

            	
              ????

            	
              ????

            	
              2

            	
              2005

            	
              230 V - 1 Ph

            	
              R- 22 Refrigerant

            	
              POOR

            

      

      

    

    

    

    
      
        

    

    

    

    

    SCHEDULE 2 ASPHALT REPAIR

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00292-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00292-of-00352.parquet"}], [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00292-of-00352.parquet"}], [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00292-of-00352.parquet"}]]