Document:

EX-10.1

FIRST AMENDMENT TO OFFICE LEASE

This First Amendment to Office Lease (“First Amendment”), dated as of the 2nd day of December,
2013, is entered into by and between DH Realty, LLC, an Indiana limited liability company
(“Landlord”), and CTI Group (Holdings), Inc., a Delaware corporation (“Tenant”).

WHEREAS, Landlord and Tenant entered into that certain Office Lease dated October 18, 2006 for
Suite 240 containing 15,931 rentable square feet in the building located at 333 North Alabama
Street, Indianapolis, Indiana (the “Lease”);

WHEREAS, Landlord and Tenant desire to amend the Lease to provide for the extension of the
Term and to make certain other revisions to the Lease;

NOW, THEREFORE, in consideration of the mutual promises, covenants and agreements set forth
herein and in the Lease, and other good and valuable consideration, the receipt and sufficiency of
which are hereby acknowledged, the parties agree to amend the Lease as follows:

1. Recitals; Definitions. The foregoing recitals are hereby incorporated in and made
a part of this First Amendment by this reference. Any capitalized terms defined in the Lease that
are used in this First Amendment, and not otherwise defined herein, shall have the same meaning as
set forth in the Lease.

 

2. Term. The Term of the Lease is hereby extended eighty one (81) months through
November 30, 2020 (the “Extension Term”). Paragraphs (c), (d) and (e) of Article II of the Lease,
are hereby amended by adding the following respectively:

	 	(c)	 	Extension Term: eighty-one (81) months

	 	(d)	 	Extension Term Effective Date: March 1, 2014

	 	(e)	 	Extension Term Expiration Date: November 30, 2020

All references in the Lease to the Expiration Date are amended to mean the Extension Term
Expiration Date.

3. Basic Operating Cost; Impositions. Effective as of the Extension Term Effective
Date, the definition of Basic Operating Cost set forth in Article II (g) of the Lease is amended to
replace “2006” with “2014”, and Section 5.05 of the Lease is amended to replace “2006” with “2014”.

4. Components of Rent. Landlord’s address for payment of Rental set forth in Section
5.01 of the Lease is amended to read: Cassidy Turley, Managing Agent, One American Square, Suite
1300, Indianapolis, IN 46282.

5. Basic Rent. Section 5.02 of the Lease is hereby amended by adding the following to
the end of that section:

	 	 	 	 	 	 	 	 	 	 	 	 	 
	Period	 	Monthly Rent	 	Annual Rent	 	Per Sq. Ft.
	March 1, 2014 – June 30, 2015

	 	$	20,577.54	 	 	$	246,930.50	 	 	$	15.50	 
	 

	 	 	 	 	 	 	 	 	 	 	 	 
	July 1, 2015 – June 30, 2016

	 	$	20,909.44	 	 	$	250,913.25	 	 	$	15.75	 
	
 
	 	 	 	 	 	 	 	 	 	 	 	 
	July 1, 2016 – June 30, 2017

	 	$	21,241.33	 	 	$	254,896.00	 	 	$	16.00	 
	
 
	 	 	 	 	 	 	 	 	 	 	 	 
	July 1, 2017 – June 30, 2018

	 	$	21,573.23	 	 	$	258,878.75	 	 	$	16.25	 
	
 
	 	 	 	 	 	 	 	 	 	 	 	 
	July 1, 2018 – June 30, 2019

	 	$	21,905.13	 	 	$	262,861.50	 	 	$	16.50	 
	 

	 	 	 	 	 	 	 	 	 	 	 	 
	July 1, 2019 – November 30, 2020

	 	$	22,237.02	 	 	$	266,844.25	 	 	$	16.75	 
	 

	 	 	 	 	 	 	 	 	 	 	 	 

Notwithstanding any provision of the Lease (as amended by this First Amendment) to the contrary,
but subject to the condition that Tenant is not in default in the payment of any Rental under the
Lease which remains uncured after any applicable notice and/or grace period has expired, Landlord
hereby releases Tenant from the obligation to pay its Monthly Basic Rent for the period from March
1, 2014 through June 30, 2014 in the total amount of $82,310.16; for the period from July 1, 2015
through July 31, 2015 in the amount of $20,909.44; for the period from July 1, 2016 through July
31, 2016 in the amount of $21,241.33; for the period from July 1, 2017 through July 31, 2017 in the
amount of $21,573.23; for the period from July 1, 2018 through July 31, 2018 in the amount of
$21,905.13; and for the period from July 1, 2019 through July 31, 2019 in the amount of $22,237.02;
provided, however, that in the event that Tenant defaults in the payment of any Rental under the
Lease during or subsequent to said free rent periods, which default remains uncured after any
applicable notice and/or grace period has expired, then the amount of Monthly Basic Rent which
Tenant was released from the obligation to pay during the said free rent periods shall become due
and payable as additional rent hereunder within five (5) days of demand by Landlord. During the
free rent periods, Tenant shall remain obligated to pay Landlord all charges, other than Monthly
Basic Rent, payable pursuant to the Lease.

6. Discretionary Allowance. Landlord agrees to provide Tenant an amount not to exceed
Eighty Five Thousand Dollars ($85,000.00) (the “Discretionary Allowance”) for the purchase,
installation and/or construction (including, without limitation, any soft costs such as permits and
architect’s fees) of a Liebert unit servicing Tenant’s computer room and such other improvements,
equipment (including, without limitation, movable equipment), furniture (including, without
limitation, movable furniture), fixtures and finishes for the Premises desired by Tenant and
refurbishing of existing furniture (“Tenant’s Work”). Landlord agrees that to the extent Tenant’s
Work includes any equipment or furniture that is not affixed to the Leased Premises, that such
equipment or furniture shall remain Tenant’s property notwithstanding anything in the Lease (as
amended hereby) to the contrary. Any portion of Tenant’s Work consisting of improvements to the
Premises must be approved by Landlord in advance, shall be bid, paid for by Landlord and supervised
by Landlord and shall be performed in accordance with the Lease; provided the Landlord will provide
Tenant three (3) competitive bids with Tenant to select the approved bid. Landlord shall pay
Tenant that portion of the Discretionary Allowance Tenant utilizes for equipment or furniture
within ten (10) days after receipt of paid invoices therefore. For the avoidance of doubt, the
Liebert unit and related installation costs are deemed to be equipment and not improvements to the
Premises. The Discretionary Allowance must be utilized after the date of this First Amendment, but
prior to July 1, 2017. Any portion of the Discretionary Allowance for which Tenant has not
submitted to Landlord a request for reimbursement on or before July 1, 2017 shall be forfeited by
Tenant. The cost of any Tenant’s Work exceeding the Discretionary Allowance shall be Tenant’s
responsibility. All of Tenant’s contractors who perform work on the Premises must be insured
pursuant to the terms of the Lease and are subject to Landlord’s approval.

7. Option to Terminate. Tenant acknowledges that its Option to Terminate the Lease,
as provided in Section 18.17, has expired.

8. Notices. Landlord’s address set forth in Section 17.01 of the Lease is hereby
amended as follows:

	 	 	 
	If to Landlord:
	 	DH Realty, LLC

c/o Cassidy Turley, Managing Agent

One American Square, Suite 1300,

Indianapolis, IN 46282

	 	 	and

	 	 	DH Realty, LLC

1990 Market Tower

10 West Market Street

Indianapolis, IN 46204-2960

Attn: Mark R. Willis

	with a copy to:
	 	Harry F. Todd, Esq.

Wallack Somers & Haas, P.C.

One Indiana Square, Suite 2300

Indianapolis, IN 46204

If to Tenant: Fred Hanuschek, CFO CTI Group (Holdings) Inc.

Suite 240 333 N. Alabama Street

Indianapolis, IN 46204

and

Jim Haggard, Acctg Mgr CTI Group

Suite 240 333 N. Alabama Street

Indianapolis, IN 46204

9. Parking. Section 18.13 of the Lease is hereby deleted in its entirety and replaced
with the following:

SECTION 18.13. PARKING. Landlord shall provide to Tenant, at Landlord’s expense
and on the terms and conditions set forth herein, twenty seven (27) parking spaces in the
lower level of the garage beneath the Building and twenty (20) parking spaces located at
401 and 415 North New Jersey Street (the “415 Lot”) for the Extension Term of the Lease
(the “Parking Spaces”). The 415 Lot is referred to herein as the “Parking Areas”.

(a) Tenant shall cause each employee of Tenant who will use a Parking Space to complete and
sign the Parking Agreement attached hereto as Exhibit A and incorporated herein.
Tenant agrees and acknowledges that neither Tenant nor its employees shall use those
parking spaces (i) designated for use by other tenants or (ii) designated for use of by
retail customers of the Project (the “Parking Covenants”).

(b) In the event Tenant or any of its employees violate the Parking Covenants, Landlord
shall have the rights set forth below, including without limitation the right to tow or
cause any such vehicles to be towed at Tenant’s expense, and the right to exercise any and
all other remedies at law or in equity. Upon the first violation of the Parking Covenants
by Tenant or any of its employees, Tenant shall reimburse Landlord for any towing expense
incurred by Landlord. Upon the second violation of the Parking Covenants by any employee
of Tenant, in addition to reimbursing Landlord for any towing expense, at Landlord’s
option, such employee’s rights to use any of the Parking Spaces shall terminate. Upon the
third and each subsequent violation of the Parking Covenants by Tenant or any of its
employees, in addition to reimbursing Landlord for any towing expense, Tenant shall pay
Landlord a fine in the amount of $500. The towing expenses and any fines shall be due
Landlord as Additional Rent within five (5) days of demand.

(c) Notwithstanding the foregoing, under no circumstances shall Landlord have the
obligation to patrol the Parking Areas or enforce Tenant’s right to use the Parking Spaces.
Tenant and its employees, agents, contractors, invitees and licensees shall use the
Parking Areas at their own risk and Landlord shall not be responsible for, and Tenant, for
itself and on behalf of such parties, hereby releases Landlord from and against any loss,
damage or injury relating to Tenant’s or such parties’ use of the Parking Areas.

(d) The parties agree that Tenant’s use of the Parking Area shall be solely for vehicle
parking and for no other purpose. The rights granted to Tenant in this Section are
personal to Tenant and shall expire upon any assignment of the Lease or subletting of all
or a portion of the Leased Premises.

( e) The provisions of paragraph (b) above are not applicable in the event a Parking
Covenant violation occurs because Tenant, or any of its employees, are prevented from
accessing or utilizing their respective designated parking space, as long as Tenant calls
Property Management as soon as reasonably possible to notify them of the parking situation,
and Tenant follows Property Management’s instructions for resolution.

10. Broker. Each party represents and warrants to the other party that it has dealt
with no broker, finder or other person other than Jones Lang LaSalle with respect to Tenant and
Cassidy Turley with respect to Landlord (collectively, “Broker”) in connection with the transaction
contemplated hereby. Landlord shall be solely responsible for paying the commission of Broker
pursuant to the terms of a separate agreement between Landlord and Broker. Each party shall
indemnify and hold harmless the other party against any loss, liability, damage or claim incurred
by reason of any commission or fee alleged to be payable to anyone other than the Broker because of
any act, omission or statement of the indemnifying party. Such indemnity obligation shall be
deemed to include payment of reasonable attorneys’ fees and court costs incurred in defending any
such claim.

11. Confidentiality. Excluding the Securities and Exchange Commission and other
regulatory filings to which Tenant is subject, any and all information regarding the terms and
provisions of this First Amendment, (herein, the “Confidential Information”), shall be maintained
by Landlord and Tenant and each of Landlord and Tenant’s employees, agents, principals, and
representatives in strict confidence, and shall not be disclosed to third parties including, but
not limited to, other tenants or occupants of the Project, without the prior written consent of the
other. The parties hereto acknowledge and agree that any breach of this confidentiality provision
would cause irreparable harm to the other which may not be adequately remedied by monetary damages
and that, as a result, the non-disclosing party may, in such event, in addition to any other rights
or remedies available hereunder or at law or in equity, seek an injunction enjoining any disclosure
of the Confidential Information. This obligation of confidentiality shall not apply to disclosures
compelled by law, any order of a court of competent jurisdiction or by a lawful, proper subpoena,
in which event the disclosing party shall immediately notify the non-disclosing party of the
circumstances purporting to require such disclosure and shall refrain from such disclosure for the
maximum period of time allowed by law so that the non-disclosing party may take such actions as it
may deem appropriate to protect the Confidential Information being sought. The parties shall use
commercially reasonable efforts to make all parties having access to the Confidential Information
aware of their obligation of confidentiality described in the paragraph and shall bind such parties
to similar obligations of confidentiality. The terms of this paragraph shall expressly survive the
expiration or earlier termination of this First Amendment for the longest period provided by law.

12. Governing Law. This First Amendment shall be governed by and subject to the laws
of the State of Indiana.

13. Counterparts. This First Amendment may be executed in separate counterparts, each
of which when so executed shall be an original, but all of such counterparts shall together
constitute one and the same instrument. Signatures of this First Amendment which are transmitted
by either or both electronic and telephonic means (including, without limitation, facsimile and
email) are valid for all purposes. Any party shall, however, deliver an original signature of this
First Amendment to the other party upon request.

14. Ratification. Except as amended by this First Amendment, all of the terms and
conditions of the Lease shall remain in full force and effect. In the event of any conflict
between the terms and conditions contained in this First Amendment and the terms and conditions
contained in the Lease, the terms and conditions of this First Amendment shall control. The
parties hereto acknowledge and agree that neither party is currently in default of the Lease.

15. Miscellaneous. This First Amendment is binding on the parties and their
respective successors and assigns. Tenant shall not record this First Amendment or a memorandum
thereof. If any provision of the Lease, as amended by this First Amendment, is held by the final
judgment of any court of competent jurisdiction to be illegal, invalid or unenforceable, the
validity of the remaining portions or provisions must not be impaired or affected, and the rights
and obligations of the parties must be construed and enforced as if the Lease, as amended by this
First Amendment, did not contain that certain part, term or provision held to be illegal, invalid
or unenforceable. The Lease, as amended by this First Amendment, constitutes the entire agreement
between Landlord and Tenant with respect to the Premises and may be amended or altered only by
written agreement executed by both parties, and supersedes all prior agreements, whether written or
oral, between the parties. Landlord represents that it is not required to obtain the consent of
any one or more third parties (including, without limitation, any one or more parties holding
mortgages, deeds of trusts or similar security interests in the Premises) in connection with this
First Amendment. Landlord and Tenant each represent and warrant to the other party: (a) the
execution, delivery and performance of this First Amendment have been duly approved by such party
and no further action is required on the part of such party to execute, deliver and perform this
First Amendment; (b) the person(s) executing this First Amendment on behalf of such party have all
requisite authority to execute and deliver this First Amendment; and (c) this First Amendment, as
executed and delivered by such person(s), is valid, legal and binding on such party, and is
enforceable against such party in accordance with its terms.

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

	 	 	 
	DH Realty, LLC,

an Indiana limited liability company

	 	CTI Group (Holdings), Inc.

a Delaware corporation

By:       /s/ Mark R. Willis       By:       /s/ Manfred Hanuschek      

Printed:       Mark R. Willis       Printed:       Manfred Hanuschek      

Title:       Asset Manager       Title:       Chief Financial Officer      

1

Exhibit A

Lockerbie Marketplace

Parking Agreement

Cassidy Turley (“Manager”), property manager of the surface parking lot (“415 Lot”) at 401
and 415 North New Jersey Street, the main surface lot at the southwest corner of Vermont Street and
New Jersey Street (“Main Lot”) and the parking garage (“Garage”) located at 333 North Alabama
Street, and (“Parker”) agree as follows:

Upon completion of the Parker Information set forth below, Parker shall have the right to park
an automobile or light-duty truck on the 415 Lot, Main Lot or in the Garage in accordance with the
terms and conditions set forth herein.

1. Right to use the Lot, Main Lot or Garage. Use of the Lot, Main Lot and Garage is
limited to the tenants of Lockerbie Marketplace and their respective employees. Upon termination
of employment with such tenant, Parker agrees to return any permit or Garage access card to
Manager.

2. Monthly Rate/Payment. Intentionally Left Blank.

3. Term. The term of the Agreement shall be month-to-month. Parker shall provide written
notice to Manager at least fifteen (15) days in advance of his or her intention to cancel this
Agreement; provided, however, upon termination of employment of Parker with a tenant of Lockerbie
Marketplace, this Agreement shall automatically terminate.

4. Liability. DH Realty, LLC, owner of the Lot, Main Lot and the Garage, Manager, and
their respective employees and agents shall have no liability of any kind for vandalism, theft or
damage to any vehicle or any personal property in or about any vehicle in the Lot, Main Lot or
Garage and shall have no liability for any personal injury or property damage arising in connection
with parking on the Lot, Main Lot or in the Garage.

5. Miscellaneous.

a. The permit for the Lot or Main Lot must be visible at all times and should be placed on
the rearview mirror, or, alternatively, on the dashboard. Any vehicle without a permit is
subject to immediate towing at Parker’s cost and expense.

b. The Lot and Main Lot may be utilized by others nights and weekends. Accordingly,
Manager does not guarantee there will be parking available during those times.

c. Replacement parking permits or access cards are available from Manager for a fee of
$25.00 and shall require completion of a new Agreement.

d. Unless otherwise posted, parking spaces are unreserved.

e. Manager reserves the right to block off parking spaces at its sole discretion.

f. Unless permitted in the tenant’s lease, Parker agrees not to use the Main Lot for
employee parking. Unless permitted in the tenant’s lease, Manager reserves the right to
tow any vehicle in the Main Lot that exceeds a two hour parking limit, at such vehicle
owner’s cost and expense.

g. Parking in the Lot, Main Lot or Garage without a permit or access card is strictly
prohibited. Violators will be towed at their own cost and expense.

h. Parker agrees to immediately advise Manager of any change in Parker Information.

[TO BE COMPLETED BY PARKER]

	 	 	 	 	 
	Please select type of parking requested: (*Note parking rates will be added to Tenant’s monthly statement)

	£Garage £415 Parking Lot

	 	£Main Parking Lot
	 	

	     

Printed name: First & Last

	 	     

Phone Number
	 	     

Email Address
	     

	 	     
	 	     

Make/Model of Vehicle Color of Vehicle License Plate Number

	 	 	 
	     

Company Name

	 	     

Company Phone Number

This Parking Agreement is acknowledged by the signing parties as the complete text of their
mutual covenants and understanding, superseding all prior understandings which may differ from this
parking agreement. No change, waiver, or modification of the terms of this Parking Agreement shall
be binding unless in writing and signed by all authorized parties hereto. IN WITNESS WHEREOF the
parties have caused this Parking Agreement to be made and entered into by their duly authorized
representatives on this        day of       ,       .

OWNER, by its MANAGER: PARKER: TENANT, by its Authorized
Representative:

Cassidy Turley Commercial Real Estate Services, Inc.

	 	 	 	 	 	 	 	 	 	 	 
	By:

	 	By:
	 	 	 	 	 	By:
	 	

	 

	 	 
	 	 
	 	 
	 	 
	 	 
	Printed:

	 	Printed:
	 	 	 	 	 	Printed:
	 	

	
 
	 	 	 	 
	 	 
	 	 	 	 
	Title:

	 	

	 	

	 	

	 	

	 	

	 

	 	

	 	

	 	

	 	

	 	

	Date:

	 	Date:
	 	 	 	 	 	Date:
	 	

	 

	 	 
	 	 
	 	 
	 	 
	 	 

2Exhibit 10.1 Sawmill Lease Amendment

FIRST AMENDMENT TO LEASE

THIS FIRST AMENDMENT TO LEASE  (“Amendment”) is made as of this 22nd day of October, 2013, by and between JUBILEE-SAWMILL LLC, an Ohio limited liability company, successor in interest to Jubilee Limited Partnership (“Landlord”), and DSW SHOE WAREHOUSE, INC., a Missouri corporation, successor in interest to Value City Department Stores, LLC and Retail Ventures, Inc. (“Tenant”).

BACKGROUND INFORMATION

WHEREAS, on the 19th day of July, 2000, Landlord and Tenant’s predecessor in interest entered into a lease  (“Lease”) for that certain retail space consisting of 71,072  square  feet  located in the Sun Center shopping center  (“Shopping Center”) with an address of 3704 W. Dublin Granville Road, Columbus, Ohio  (“Original Premises”); and

WHEREAS, on the 2nd day of November, 2000, Landlord and Tenant entered into a Lease Modification Agreement modifying the Rent, square footage of the Original Premises, and certain other Lease provisions; and

WHEREAS, on the 22nd day of January, 2008, Landlord consented to an Assignment and Assumption Agreement from Value City Department Stores LLC (Assignor) to Retail Ventures, Inc. (Assignee); and

WHEREAS, Tenant wishes to return possession of 37,889 square feet of the Original Premises to Landlord, said portion of the Original Premises being formerly occupied by Filene’s Basement, Inc.  (“Filene’s Premises”) and extend the term of the Lease.

AGREEMENT

NOW, THEREFORE, in consideration of the sum of One and 00/100 Dollars ($1.00) and other good and valuable consideration, the parties hereto agree as follows:

1.Extension Period.  Landlord consents to an extension of the term of the Lease which shall commence November 1, 2013 and expire October 31, 2025  (“Extension Period”) in accordance with the terms of the Lease.

2.Options.  Landlord additionally consents to two (2) options of five (5) years  (“Options”) to renew the term of the Lease. If Tenant elects to renew the Lease, Landlord must be notified in writing six (6) months in advance of the expiration of the current term.

1

3.Rent.  Rent for the Extension Period and Options shall be as stated in the following schedule in accordance with the terms of the Lease:

	
				
	Extension Periods
	Annual Rent/SF
	Annual Rental
	Monthly Rental

	11/01/2013 - 04/30/2014
	$35.88
	$1,190,606.04
	$99,217.17

	05/01/2014 – 10/31/2015
	$19.55
	$648,727.65
	$54,060.64

	11/01/2015 – 10/31/2020
	$12.00
	$398,196.00
	$33,183.00

	11/01/2020 – 10/31/2025
	$13.00.
	$431,379.00
	$35,948.25

	Options
	 
	 
	 

	11/01/2025  - 10/31/2030
	$14.00
	$464,562.00
	$38,713.50

	11/01/2030 – 10/31/2035
	$15.00
	$497,745.00
	$41,478.75

4.Demised Premises.  Tenant shall continue to occupy 33,183 square feet of the Original Premises (“Demised Premises”) and shall vacate and return possession of the Filene’s Premises to Landlord on or before November 30, 2013, or on such earlier date as Landlord and Tenant agree, in accordance with the terms of the Lease.

5.Contingency.  This Amendment is contingent upon the full execution of a lease with Nordstrom Rack, Inc. for the Filene’s Premises, such space delivered to Nordstrom on or before November 11, 2013. 

6.Percentage Rent.  Until October 31, 2013, Tenant shall continue to pay Percentage Rent and reporting Gross Receipts in accordance with Section 6 of the Lease.  During the Extension Period and all Options thereafter, Tenant shall have no further Percentage Rent obligation.  Tenant shall, however, continue to submit to Landlord monthly statements signed by an authorized representative of Tenant setting forth Tenant's Gross Receipts for such period.

7.Tenant’s Proportionate Share.  From the date of this Amendment until April 30, 2014, Tenant’s Proportionate Share of Maintenance Costs, Insurance, Real Estate Taxes and all other costs calculated on a per-square foot basis shall continue to be calculated based upon the 71,072 square foot area of the Original Premises.  Effective May 1, 2014, Tenant’s Proportionate Share shall be calculated based upon the 33,183 square foot area of the Demised Premises.

8.Maintenance Costs and Special Costs.  Effective May 1, 2014, Tenant’s Proportionate Share of Maintenance Costs (as defined in Section 16 of the Lease) shall be the lesser of (i) the actual increase of Tenant’s Proportionate Share for such year, or (ii) 5% per annum on a non-cumulative basis (“Increase Cap”).  Currently the Additional Rent is estimated to be One Dollar and 10/100 ($1.10/sf) annually.  Notwithstanding the foregoing, Tenant shall also pay Tenant's Proportionate 

2

Share of the actual, reasonable and necessary costs and expenses incurred by Landlord, without markup or surcharge (except as permitted under the Lease), for snow and ice removal from the Common Areas, Common Area electricity, Common Area water, and Tenant’s insurance share (pursuant to Section 29 of the Lease), none of which shall be a duplication of another cost or expense (“Special Costs”).  Special Costs shall not be subject to the Increase Cap.  Special Costs shall be billed at the same times and in the same manner as Maintenance Costs, but shall be itemized separately on the statement or invoice.

9.Real Estate Taxes.  Tenant shall continue to be responsible for its proportionate share of Real Estate Taxes as described in the Lease, currently estimated to be $2.40/sf annually 

10.Tenant’s Contribution to Construction Allowance.  If Landlord executes a lease with Nordstrom, and delivers the Filene’s Premises to Nordstrom as described in Section 5 above, Tenant shall contribute $250,000.00 (“Contribution”) to the construction allowance to be paid by Landlord to Nordstrom. Tenant shall pay this Contribution to Landlord within thirty (30) days after notice from Landlord to Tenant that Landlord has delivered the Filene’s Premises to Nordstrom.  

11.Signage.  Tenant shall install its signage on the pylon sign at the current location on Sawmill Road in the position as shown on Exhibit A.  

12.Use.  The first sentence of Section 20 of the Lease is hereby deleted and replaced with the following: 

“The Demised Premises, during the term of the Lease shall be used for the sale of dress, casual and athletic footwear for men and women, hosiery, accessories and related apparel (including, but not limited to, handbags, hats and gloves). Thereafter, Tenant may change its use and trade name subject only to (i) the exclusives and restrictions contained in the leases of Landlord’s tenants in the Shopping Center existing at the time of the requested change and any and all REA’s or existing documents of record which may affect the Shopping Center and (ii) future then existing or other exclusives or other restrictions contained in leases, granted to tenants.”

13.Brokerage Fee Contribution.  Tenant shall be solely responsible for the payment of any of its brokerage fees to Terra National for the transactions described herein. Tenant shall pay to Landlord the amount of $3.00 per square foot of the as a contribution (“Brokerage Contribution”) to Landlord’s brokerage fees based on the square footage of the Filene’s Premises (37,889 sf).  Tenant’s Brokerage Contribution shall be paid to Landlord within thirty (30) days after receipt of notice from Landlord. 

14.No Other Changes.  Except as set forth in this Amendment, the Lease is not otherwise modified and remains ratified and confirmed.  

3

IN WITNESS WHEREOF, the parties hereto have executed this Agreement as of the date first above written. 

LANDLORD:                    TENANT:

JUBILEE-SAWMILL, LLC                DSW SHOE WAREHOUSE, INC.
an Ohio limited liability company            a Missouri corporation

By:  /s/ Benton E. Kraner                                          By:  /s/ William L. Jordan
President / COO                                                                   EVP / General Counsel
         

[NOTARY ACKNOWLEDGMENTAS APPEAR ON THE FOLLOWING PAGE]

 

Tenant’s Acknowledgment:

STATE OF OHIO        :
COUNTY OF FRANKLIN    :

The foregoing instrument was acknowledged before me this 26th day of September, 2013, by William L. Jordan, the EVP / General Counsel, of DSW SHOE WAREHOUSE, INC., a Missouri corporation, for and on behalf of such corporation.

[seal]                                                                    /s/ David T. Graham
Notary Public        My comm’n expires: ________

4826-0383-4646, v.  1

4

EXHIBIT A
See attached.

5

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