Document:

exv10w7

Exhibit 10.7

DEED OF LEASE

TYSONS INTERNATIONAL PLAZA I & II, L.P.,

a Delaware limited partnership

Landlord

and

ELOQUA LTD,

a Delaware corporation

Tenant

Suite 250

1921 Gallows Road

Vienna, Virginia

JUNE 25th, 2009

 

 

TABLE OF CONTENTS

	 	 	 	 	 
	 	 	Page	 
	ARTICLE 1. BASIC LEASE PROVISIONS
	 	 	1	 
	 
	ARTICLE 2. PREMISES, TERM, RENT
	 	 	6	 
	 
	2.1 Lease of Premises
	 	 	6	 
	2.2 Commencement Date
	 	 	6	 
	2.3 Payment of Rent
	 	 	7	 
	2.4 First Month’s Rent
	 	 	7	 
	2.5 Area of Premises and Project
	 	 	7	 
	2.6 Access
	 	 	8	 
	2.7 Deed of Lease/Landlord’s Agent for Service of Process
	 	 	8	 
	 
	ARTICLE 3. USE AND OCCUPANCY
	 	 	8	 
	 
	3.1 Permitted Uses
	 	 	8	 
	3.2 Parking Facility
	 	 	8	 
	 
	ARTICLE 4. CONDITION OF THE PREMISES
	 	 	9	 
	 
	4.1 Condition
	 	 	10	 
	 
	ARTICLE 5. ALTERATIONS
	 	 	10	 
	 
	5.1 Tenant’s Alterations
	 	 	10	 
	5.2 Manner and Quality of Alterations
	 	 	11	 
	5.3 Removal of Tenant’s Property
	 	 	11	 
	5.4 Mechanic’s Liens
	 	 	12	 
	5.5 Labor Relations
	 	 	12	 
	5.6 Tenant’s Costs
	 	 	12	 
	5.7 Tenant’s Equipment
	 	 	12	 
	5.8 Legal Compliance
	 	 	13	 
	5.9 Floor Load
	 	 	13	 
	 
	ARTICLE 6. REPAIRS
	 	 	13	 
	 
	6.1 Landlord’s Repair and Maintenance
	 	 	13	 
	6.2 Tenant’s Repair and Maintenance
	 	 	14	 
	6.3 Restorative Work
	 	 	15	 
	 
	ARTICLE 7. TAXES AND OPERATING EXPENSES
	 	 	15	 
	 
	7.1 Definitions
	 	 	15	 
	7.2 Tenant’s Tax Payment
	 	 	19	 
	7.3 Tenant’s Operating Payment
	 	 	20	 
	7.4 Non-Waiver; Disputes
	 	 	21	 
	7.5 Proration
	 	 	22	 
	7.6 No Reduction in Rent
	 	 	22	 
	7.7 Real Property Operating expenses and taxes
	 	 	22	 
	7.8 Real Property Operating Expenses and Taxes
	 	 	22	 
	 
	ARTICLE 8. REQUIREMENTS OF LAW
	 	 	24	 
	 
	8.1 Compliance with Requirements
	 	 	24	 
	8.2 Fire and Life Safety
	 	 	25	 
	 
	ARTICLE 9. SUBORDINATION
	 	 	26	 
	 
	9.1 Subordination and Attornment
	 	 	26	 

i

 

	 	 	 	 	 
	 	 	Page	 
	9.2 Mortgage or Superior Lease Defaults
	 	 	27	 
	9.3 Tenant’s Termination Right
	 	 	27	 
	9.4 Provisions
	 	 	27	 
	9.5 Future Condominium Declaration
	 	 	27	 
	 
	ARTICLE 10. SERVICES
	 	 	28	 
	 
	10.1 Electricity
	 	 	28	 
	10.2 Excess Electricity
	 	 	28	 
	10.3 Elevators
	 	 	29	 
	10.4 Heating. Ventilation and Air Conditioning
	 	 	29	 
	10.5 Supplemental Heating. Ventilation and Air Conditioning
	 	 	29	 
	10.6
Overtime HVAC
	 	 	30	 
	10.7 Cleaning
	 	 	31	 
	10.8 Water
	 	 	31	 
	10.9 Refuse Removal
	 	 	31	 
	10.10 Directory and Suite Entry Signage
	 	 	31	 
	10.11 Tenant Access to Premises
	 	 	32	 
	10.12 Telecommunications
	 	 	32	 
	10.13 Service Interruptions
	 	 	32	 
	10.14 Service Additions and Omissions
	 	 	33	 
	10.15 Level of Service
	 	 	33	 
	10.16 Fitness Center
	 	 	33	 
	 
	ARTICLE 11. INSURANCE; PROPERTY LOSS OR DAMAGE
	 	 	33	 
	 
	11.1 Tenant’s Insurance
	 	 	33	 
	11.2 Waiver of Subrogation
	 	 	35	 
	11.3 Restoration
	 	 	35	 
	11.4 Landlord’s Termination Right
	 	 	36	 
	11.5 Tenant’s Termination Right
	 	 	36	 
	11.6 Final 18 Months
	 	 	37	 
	11.7 Landlord’s Liability
	 	 	38	 
	 
	ARTICLE 12. EMINENT DOMAIN
	 	 	38	 
	 
	12.1 Taking
	 	 	38	 
	12.2 Awards
	 	 	39	 
	12.3
Temporary Taking
	 	 	39	 
	 
	ARTICLE 13. ASSIGNMENT AND SUBLETTING
	 	 	39	 
	 
	13.1 Consent Requirements
	 	 	39	 
	13.2 Tenant’s Notice
	 	 	40	 
	13.3
Conditions to Assignment/Subletting
	 	 	41	 
	13.4 Binding on Tenant; Indemnification of Landlord
	 	 	42	 
	13.5 Tenant’s Failure to Complete
	 	 	43	 
	13.6 Profits
	 	 	43	 
	13.7 Transfers
	 	 	43	 
	13.8 Assumption of Obligations
	 	 	44	 
	13.9 Tenant’s Liability
	 	 	44	 
	13.10 Listings in Building Directory
	 	 	44	 
	13.11 Lease Disaffirmance or Rejection
	 	 	44	 
	 
	ARTICLE 14. ACCESS TO PREMISES
	 	 	45	 
	 

ii

 

	 	 	 	 	 
	 	 	Page	 
	14.1 Landlord’s Access
	 	 	45	 
	14.2 Building and Project Name
	 	 	46	 
	14.3 Light and Air
	 	 	46	 
	 
	ARTICLE 15. DEFAULT
	 	 	46	 
	 
	15.1 Tenant’s Defaults
	 	 	46	 
	15.2 Landlord’s Remedies
	 	 	47	 
	15.3 Landlord’s Damages
	 	 	48	 
	15.4 Interest
	 	 	49	 
	15.5 Other Rights of Landlord
	 	 	49	 
	 
	ARTICLE 16. LANDLORD’S RIGHT TO CURE; FEES AND EXPENSES
	 	 	50	 
	 
	16.1 Landlord’s Right to Cure
	 	 	50	 
	16.2 Fees and Expenses
	 	 	50	 
	 
	ARTICLE 17.
NO REPRESENTATIONS BY LANDLORD; LANDLORD’S APPROVAL
	 	 	50	 
	 
	17.1 No Representations
	 	 	50	 
	17.2 No Money Damages
	 	 	50	 
	17.3 Reasonable Efforts
	 	 	51	 
	 
	ARTICLE 18. END OF TERM
	 	 	51	 
	 
	18.1 Expiration
	 	 	51	 
	18.2 Holdover Rent
	 	 	51	 
	 
	ARTICLE 19. QUIET ENJOYMENT
	 	 	52	 
	 
	ARTICLE 20. NO SURRENDER; NO WAIVER
	 	 	52	 
	 
	20.1 No Surrender or Release
	 	 	52	 
	20.2 No Waiver
	 	 	52	 
	 
	ARTICLE 21. WAIVER OF TRIAL BY JURY: COUNTERCLAIM
	 	 	52	 
	 
	21.1 Jury Trial Waiver
	 	 	52	 
	21.2 Waiver of Counterclaim
	 	 	53	 
	 
	ARTICLE 22. NOTICES
	 	 	53	 
	 
	ARTICLE 23. RULES AND REGULATIONS
	 	 	53	 
	 
	ARTICLE 24. BROKER
	 	 	54	 
	 
	ARTICLE 25. INDEMNITY
	 	 	54	 
	 
	25.1 Tenant’s Indemnity
	 	 	54	 
	25.2 Landlord’s Indemnity
	 	 	54	 
	25.3 Defense and Settlement
	 	 	54	 
	 
	ARTICLE 26. MISCELLANEOUS
	 	 	55	 
	 
	26.1 Delivery
	 	 	55	 
	26.2 Transfer of Real Property
	 	 	55	 
	26.3 Limitation on Liability
	 	 	55	 
	26.4 Rent
	 	 	55	 
	26.5 Entire Document
	 	 	55	 
	26.6 Governing Law
	 	 	56	 
	26.7 Unenforceability
	 	 	56	 
	26.8 Lease Disputes
	 	 	56	 
	26.9 Landlord’s Agent
	 	 	56	 
	26.10 Estoppel
	 	 	56	 
	26.11 Certain Interpretational Rules
	 	 	57	 
	26.12 Parties Bound
	 	 	57	 

iii

 

	 	 	 	 	 
	 	 	Page	 
	26.13 Memorandum of Lease
	 	 	57	 
	26.14 Counterparts
	 	 	57	 
	26.15 Survival
	 	 	58	 
	26.16 Inability to Perform
	 	 	58	 
	26.17 Substitute Premises
	 	 	58	 
	26.18 Lien for Payment of Rent
	 	 	58	 
	26.19 Financial Statements
	 	 	58	 
	26.20 Changes to Real Property
	 	 	58	 
	26.21 Tax Status of Beneficial Owner
	 	 	59	 
	26.22 Time is of the Essence
	 	 	59	 
	26.23 OFAC
	 	 	59	 
	 
	ARTICLE 27. LETTER OF CREDIT
	 	 	59	 
	 
	27.1 Form of Letter of Credit; Letter of Credit Amount
	 	 	59	 
	27.2 Transfer of Letter of Credit by Landlord
	 	 	60	 
	27.3 Maintenance of Letter of Credit by Tenant
	 	 	60	 
	27.4 Landlord’s Right to Draw Upon Letter of Credit
	 	 	61	 
	27.5 Letter of Credit Not a Security Deposit
	 	 	62	 
	27.6 Reduction
	 	 	62	 
	 
	ARTICLE 28. OPTION TO EXTEND
	 	 	62	 
	 
	28.1 Extension Term
	 	 	62	 
	28.2 Conditions to Exercise
	 	 	63	 
	28.3 Extension Term Rent
	 	 	63	 
	28.4 Procedure for Determining Fixed Rent
	 	 	63	 
	28.5 Rent for Ancillary Space
	 	 	66	 

EXHIBITS

	 	 	 

	Exhibit A

	 	Floor Plan
	Exhibit A-1

	 	 Land
	Exhibit B

	 	Definitions
	Exhibit C

	 	Work Agreement
	Exhibit D

	 	Cleaning Specifications
	Exhibit E

	 	Rules and Regulations
	Exhibit F

	 	Form of Letter of Credit

iv

 

INDEX OF DEFINED
TERMS

	 	 	 
	Term	 	Location
	Additional Rent

	 	Article 1
	Advance Rent

	 	Section 2.4
	Adverse Event

	 	Section 26.21
	Alterations

	 	Section 5.1
	Area of the Project

	 	Article 1
	Area of the Premises

	 	Article 1
	Assessed Valuation

	 	Section 7.1
	Base Building Plans

	 	Exhibit B
	Base Building Systems

	 	Exhibit B
	Base Building Work

	 	Exhibit C
	Base Operating Expenses

	 	Section 7.1
	Base Rate

	 	Exhibit B
	Base Taxes

	 	Section 7.1
	Base Year

	 	Article 1
	Building

	 	Article 1
	Business Days

	 	Exhibit B
	Business Hours

	 	Exhibit B
	Calendar Year

	 	Section 7.1
	Code

	 	Exhibit B
	Commencement Date

	 	Article 1
	Common Areas

	 	Exhibit B
	Comparable Buildings

	 	Exhibit B
	Comparison Year

	 	Section 7.1
	Condominium Documents

	 	Section 9.5
	Controllable Operating Expenses

	 	Section 7.3
	Decorative Alterations

	 	Section 5.1
	Deficiency

	 	Exhibit B
	Effective Date

	 	Introductory Paragraph
	Equipment

	 	Section 5.7
	Event of Default

	 	Section 15.1
	Excluded Expenses

	 	Exhibit B
	Expense Estimate

	 	Section 7.3
	Expiration Date

	 	Article 1
	Extension Calculation Date

	 	Section 28.3
	Extension Interim Rent

	 	Section 28.4
	Extension Negotiation Period

	 	Section 28.4
	Extension Notice

	 	Section 28.1
	Extension Rate

	 	Section 28.3
	Extension Rent Notice

	 	Section 28.4
	Extension Term

	 	Section 28.1
	Extension Term Commencement Date

	 	Section 28.1

v

 

	 	 	 
	Term	 	Location
	Fixed Rent

	 	Article 1
	Governmental Authority

	 	Exhibit B
	Guarantor

	 	Article 1
	Hazardous Materials

	 	Exhibit B
	Holidays

	 	Exhibit B
	HVAC System

	 	Exhibit B
	Insured Parties

	 	Section 11.1
	Interest Rate

	 	Article 1
	Project

	 	Article 1
	Land

	 	Article 1
	Landlord

	 	Introductory Paragraph
	Landlord Party(ies)

	 	Exhibit B
	Landlord’s Address for Notices

	 	Article 1
	Landlord’s Address for Payment

	 	Article 1
	Landlord’s Agent

	 	Article 1
	Lease

	 	Introductory Paragraph
	Lease Year

	 	Exhibit B
	Lessor

	 	Exhibit B
	Losses

	 	Exhibit B
	Major Alterations

	 	Section 5.1
	Mortgage(s)

	 	Exhibit B
	Mortgagee(s)

	 	Exhibit B
	Operating Expenses

	 	Section 7.1
	Operator

	 	Section 3.2
	Parking Allocation

	 	Article 1
	Parking Facility

	 	Article 1
	Permitted Alterations

	 	Section 5.1
	Plans

	 	Section 5.1
	Permitted Uses

	 	Article 1
	Premises

	 	Article 1
	Prohibited Use

	 	Exhibit B
	Project

	 	Article 1
	Real Property

	 	Article 1
	Reasonable Efforts

	 	Section 17.3
	Rent

	 	Article 1
	Rent Commencement Date

	 	Article 1
	Requirements

	 	Exhibit B
	Restoration Payment

	 	Section 11.3
	Restoration Security

	 	Section 11.3
	Restorative Work

	 	Section 6.3
	Retail Component

	 	Article 1
	Rules and Regulations

	 	Exhibit B
	Security Deposit

	 	Article 1
	Specialty Alterations

	 	Exhibit B
	Statement

	 	Section 7.1
	Substantial Completion

	 	Exhibit B

vi

 

	 	 	 
	Term	 	Location
	Substitute Space

	 	Section 26.17
	Substitution Date

	 	Section 26.17
	Substitution Notice

	 	Section 26.17
	Superior Lease(s)

	 	Exhibit B
	Tax Estimate

	 	Section 7.2
	Taxes

	 	Section 7.1
	Tenant

	 	Introductory Paragraph
	Tenant Delays

	 	Exhibit B
	Tenant Fixtures

	 	Section 6.2
	Tenant Party(ies)

	 	Exhibit B
	Tenant’s Address for Notices

	 	Article 1
	Tenant’s Broker

	 	Article 1
	Tenant’s Operating Payment

	 	Section 7.3
	Tenant’s Property

	 	Exhibit B
	Tenant’s Proportionate Share

	 	Article 1
	Tenant’s Tax Payment

	 	Section 7.2
	Term

	 	Article 1
	Unavoidable Delays

	 	Exhibit B

vii

 

DEED OF LEASE

     THIS DEED OF LEASE (this “Lease”) is made as of June 25th 2009 (the “Effective
Date”), between TYSONS INTERNATIONAL PLAZA I & II, L.P., a Delaware limited partnership
(“Landlord”), and ELOQUA LTD, a Delaware corporation (“Tenant”).

     Landlord and Tenant hereby agree as follows:

ARTICLE 1

BASIC LEASE PROVISIONS

	 	 	 
	PREMISES

	 	The portion of the second (2nd) floor of the Building to be known
as Suite No. 250, as more particularly shown on Exhibit A-Floor
Plan, consisting of the Existing 2nd Floor Premises and the New
2nd Floor Premises (each as defined in Section 2.1)
	 
	 	 
	BUILDING

	 	The building, fixtures, equipment and other improvements
commonly known as 1921 Gallows Road, Vienna, Virginia
	 
	 	 
	PROJECT

	 	The two (2) buildings comprising the office/retail project
commonly known as “Tysons International Plaza” located at 1919
Gallows Road (Tysons International Plaza I) and 1921 Gallows
Road (Tysons International Plaza II), Vienna, Virginia, together
with all buildings, fixtures, equipment and other improvements and
appurtenances now located or hereafter erected, located or placed
upon the Land, as such Project may be modified from time to time
by Landlord
	 
	 	 
	PARKING FACILITY

	 	The parking structure, fixtures and other improvements and
appurtenances now located or hereafter erected, located or placed
upon the Land
	 
	 	 
	LAND

	 	The real property described on Exhibit A-1-Land to this Lease
	 
	 	 
	REAL PROPERTY

	 	The Land, the Project, the Common Areas and the Parking Facility
	 
	 	 
	COMMENCEMENT DATE

	 	(i) September 1, 2009 as to the Existing 2nd Floor Premises, and (ii)
September 1, 2009 as to the New 2nd Floor Premises, subject to the
provisions of Section 2.2

 

 

	 	 	 
	RENT COMMENCEMENT
DATE

	 	(i) With respect to the Existing 2nd Floor Premises, the
Commencement Date for the Existing 2nd Floor Premises, and (ii)
with respect to the New 2nd Floor Premises, the earlier of (a) the
ninetieth (90th) day following the Commencement Date for the
New 2nd Floor Premises, and (b) the date Tenant (or any person
claiming by, through or under Tenant) first occupies any part of the
New 2nd Floor Premises for the conduct of its business therein
	 
	 	 
	EXPIRATION DATE

	 	May 31, 2015, or the last day of any renewal or extended term, if
the Term of this Lease is extended in accordance with any express
provision hereof; as such date might be extended or sooner
terminated as provided in this Lease
	 
	 	 
	TERM

	 	The period that begins on September 1, 2009 and, unless this Lease
is sooner terminated, ends on the Expiration Date
	 
	 	 
	PERMITTED USES

	 	Executive and general offices and uses accessory or incidental
thereto.
	 
	 	 
	BASE YEAR

	 	Calendar year 2010
	 
	 	 
	TENANT’S
PROPORTIONATE
SHARE

	 	The percentage equal to a fraction, the numerator of which is the
Area of the Premises and the denominator of which is the Area of
the Project, with Tenant’s Proportionate Share for the Existing 2nd
Floor Premises being 1.7656% and for the New 2nd Floor Premises
being 1.1296% (collectively 2.8953%), subject in each case to
adjustment as set forth in Section 2.5
	 
	 	 
	AREA OF
THE PROJECT

	 	454,572 rentable square feet
	 
	 	 
	AREA OF
THE PREMISES

	 	13,161 rentable square feet (being comprised of the Existing 2nd
Floor Premises’ 8,026 rentable square feet and the New
2nd Floor
Premises’ 5,135 rentable square feet)

-2-

 

FIXED RENT

	 	 	 
	Lease Year	 	Fixed Rent per annumper square foot of Area of the Premises
	1
	 	$35.00
	2
	 	$35.96
	3
	 	$36.95
	4
	 	$37.97
	5
	 	$39.01
	6 through the Expiration Date
	 	$40.08

The foregoing notwithstanding and provided no Event of Default then exists, (i) with respect to the
Existing 2nd Floor Premises. Fixed Rent shall be abated in the amount of Five Thousand
Eight Hundred Fifty-Nine Dollars and 86/100 ($5,859.86) per month for each of the first twenty-four
(24) full calendar months from the Existing 2nd Floor Premises Rent Commencement Date:
(ii) with respect to the Existing 2nd Floor Premises. Fixed Rent shall be abated in the
amount of Three Thousand Nine Hundred One and 53/100ths Dollars ($3,901.53) per month for each of
the twenty-fifth (25th) through the thirty-sixth (36th) full calendar months
from the Existing
2nd Floor Premises Rent Commencement Date; and (iii) with respect to
the New 2nd Floor Premises. Fixed Rent shall be abated in the amount of Two Thousand
Four Hundred Ninety-Six and 18/100ths Dollars ($2,496.18) per month for each of the first
thirty-six (36) full calendar months from the New 2nd Floor Premises Rent Commencement
Date.

	 	 	 	 	 

	ADDITIONAL RENT

	 	All sums other than Fixed Rent payable by Tenant to Landlord
under this Lease and any work letter, exhibits, riders or other attachments
hereto, including Tenant’s Tax Payment, Tenant’s Operating Payment, late charges,
overtime or excess service charges, supplemental chilled water charges, damages, and
interest and other costs related to Tenant’s failure to perform any of its obligations under this Lease

	 
	 	 	 	 
	RENT

	 	Fixed Rent and Additional Rent, collectively

	 
	 	 	 	 
	
INTEREST RATE

	 	
The lesser of (i) four percent (4%) per annum above the then-
current Base Rate, and (ii) the maximum rate permitted by applicable law

	 
	 	 	 	 
	SECURITY
DEPOSIT/
 LETTER
OF CREDIT

	 	$ 230,317.50	 	 

-3-

 

	 	 	 	 	 

	PARKING ALLOCATION

	 	3.2 parking contracts per 1,000 square feet of Area of the Premises
(with such number of parking contracts being rounded to the
nearest whole number) for use in the Parking Facility

	 
	 	 	 	 
	TENANT’S ADDRESS
FOR NOTICES (other
Than under Exhibit C)

	 	Eloqua Ltd. 

Suite 250 

1921 Gallows Road 

Vienna, Virginia 

Attn: Don Clarke, CFO 
	 
	 	 	 	 
	 

	 	Copy to:

	 
	 	 	 	 
	 

	 	Goodwin Procter LLP 

Exchange Place, Boston MA 02109 

Attention: David Capillo

	 
	 	 	 	 
	TENANT’S ADDRESS
FOR NOTICES UNDER
EXHIBIT C

	 	Eloqua Ltd. 

Suite 250 

1921 Gallows Road 

Vienna, Virginia 

Attn: Don Clarke, CFO

	 
	 	 	 	 
	LANDLORD’S
ADDRESS FOR
NOTICES (other than
under Exhibit C)

	 	Tysons International Plaza I & II. L.P. 

c/o Tishman Speyer 

45 Rockefeller Plaza, 7lh Floor 

New York, New York 10111 

Attn: Chief Financial Officer 
	 
	 	 	 	 
	 

	 	Copies to:

	 
	 	 	 	 
	 

	 	Tysons International Plaza I & II. L.P. 

c/o Tishman Speyer 

1875 Eye Street, NW, Suite 300 

Washington,  DC 20006 

Attn: Regional Manager and Property Manager

-4-

 

	 	 	 	 	 

	 

	 	and:

	 
	 	 	 	 
	 

	 	Tysons International Plaza I & II, L.P. 

c/o Tishman Speyer 

45 Rockefeller Plaza, 7th Floor 

New York, New York 10111 

Attn: Chief Legal Officer

	 
	LANDLORD’S
ADDRESS FOR
NOTICES UNDER
EXHIBIT C

	 	Tysons International Plaza I & II, L.P. 

c/o Tishman Speyer 

1875 Eye Street, NW, Suite 300 

Washington, DC 20006 

Attn: Marianne Burkart 
	 
	 	 	 	 
	 

	 	Copies to:

	 
	 	 	 	 
	 

	 	Tysons International Plaza I & II, L.P. 

c/o Tishman Speyer 

1875 Eye Street, NW, Suite 300 

Washington, DC 20006 

Attn: Regional Manager and Property Manager

	 
	 	 	 	 
	LANDLORD’S ADDRESS
FOR PAYMENT

	 	Tysons International Plaza I & II, L.P. 

P.O. Box 905450 

Charlotte, N.C. 28290-5450 

or if by FedEx, UPS or other overnight delivery to: 

JP Morgan Chase 

806 Tyvola Road, Suite 108 

Charlotte, N.C. 28217 

Attn: Tysons International Plaza I & II, L.P., Lockbox 905450

	 
	 	 	 	 
	TENANT’S
BROKER

LANDLORD’S AGENT

	 	Colliers Cassidy &
Pinkard LLC 

Tishman Speyer Properties, L.P, or any other person designated at
any time and from time to time by Landlord as Landlord’s Agent
and their successors and assigns

	 
	 	 	 	 
	LANDLORD’S
CONTRIBUTION

	 	The product of $25.00 multiplied by the Area of the Premises

	 
	 	 	 	 
	GUARANTOR

	 	None

-5-

 

All capitalized terms used in this Lease without definition are defined in Exhibit B-Definitions or
in the other exhibits, riders, schedules or other attachments to this Lease.

ARTICLE 2

PREMISES, TERM, RENT

     Section 2.1 Lease of Premises.

          (a) Subject to the terms of this Lease, Landlord leases to Tenant and Tenant leases from
Landlord the Premises for the Term. In addition. Landlord grants to Tenant the right to use, on a
non-exclusive basis and in common with other tenants, the Common Areas.

          (b) Pursuant to that certain Sublease dated April 30, 2008, between Softek Storage Solutions
Corporation (“Softek”). as sublandlord, and Tenant, as subtenant (the “Softek Sublease”),  Tenant
currently subleases a portion of the Premises containing 8.026 square feet of rentable area (the
“Existing 2nd Floor Premises”). The Premises to be leased by Tenant under this Lease
shall include the Existing 2nd Floor Premises and certain additional space containing
5.135 square feet of rentable area (the “New 2nd Floor Premises”). The Existing
2nd Floor Premises and the New 2nd Floor Premises are as outlined on the
attached Exhibit A-Floor Plan.

     Section 2.2 Commencement Date.

          (a) From
and after the Effective Date, the terms and provisions of this Lease shall be fully
binding on Landlord and Tenant, including prior to the occurrence of the Commencement Date(s).

          (b) The term of the Softek Sublease expires on August 30, 2009, and Tenant shall negotiate
directly with Softek for a 1-day extension of the Softek Sublease to expire on August 31, 2009,
Landlord will not object to Tenant’s remaining in possession of the Existing 2nd Floor
Premises on August 31, 2009 and will not require an extension of the Softek Sublease term through
August 31, 2009.

          (c) If Tenant’s current occupancy of the Existing  2nd Floor Premises as the subtenant thereof
is interrupted for any reason during the period between the Effective Date and September 1, 2009.
Landlord shall exercise commercially reasonable diligence to tender repossession of the Existing
2nd Floor Premises or any portion thereof to Tenant by September 1, 2009, provided that
this Lease shall not be void or voidable as a result thereof, and Landlord shall not be liable for
any damage thereby caused, such failure shall not affect any other obligations of Tenant hereunder,
except that notwithstanding anything to the contrary set forth hereinabove, the Term with respect
to the Existing 2nd Floor Premises shall not commence until Landlord tenders
re-possession of the Existing 2nd Floor Premises to Tenant. There shall be no
postponement of the Commencement Date and/or delay in the commencement of Rent with respect to the
Existing 2nd Floor Premises for any delay in the tender of re-possession to Tenant which
results from any delay for which Tenant is reasonably responsible.

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          (d) If Landlord does not tender possession of the New 2nd
 Floor Premises or any portion thereof
to Tenant by September 1, 2009, for any reason whatsoever, this Lease shall not be void or voidable
as a result thereof, Landlord shall not be liable for any damage thereby caused, such failure shall
not affect any other obligations of Tenant hereunder, except that the Term with respect to the New
2nd Floor Premises shall not commence until Landlord tenders possession of the New
2nd Floor Premises to Tenant. The foregoing notwithstanding, if Landlord does not tender
possession of the New 2nd Floor Premises or any portion thereof to Tenant on or before
May 31, 2010 (as such date may be extended on a day for day basis for each day of Tenant Delay
and/or Unavoidable Delays), Tenant shall have the right to terminate this Lease by delivering
written notice of such termination (the “Lease Termination Notice”) to Landlord at any time on or
after such date with such termination being effective on the thirty-first (31st) day
alter Landlord’s receipt of the Lease Termination Notice; provided however, if Landlord tenders
possession of the entire New 2nd Floor Premises to Tenant prior to such thirty-first
(31st)
day, the Lease Termination Notice shall be deemed null and void. If this Lease is
terminated in accordance with the provisions of this Section, Landlord shall promptly return to
Tenant any prepaid rent and Letter of Credit delivered to Landlord; Tenant shall not be entitled to
any damages or other rights or remedies in connection with this Lease: all items purchased by
Tenant with Landlord’s Contribution shall, at Landlord’s option, become the property of Landlord
and Tenant shall deliver such items to Landlord; and all other rights, obligations and liabilities
of the parties hereunder (other than those that expressly survive the expiration or termination of
this Lease) shall be deemed released and discharged.

          (e) Once the Commencement Date(s) have been determined by Landlord. Landlord shall notify
Tenant of the Commencement Date(s), the New 2nd Floor Premises Rent Commencement Date,
and the Expiration Date. Pending the delivery of any such notices, each of said items shall be as
specified in the Basic Lease Provisions. Landlord’s failure to deliver any of the foregoing notices
shall not affect the determination of any of such dates.

     Section 2.3 Payment of Rent. Tenant shall pay to Landlord at Landlord’s Address for Payment,
or at such other place as Landlord shall designate in writing from time to time, without notice or
demand, and except as may be expressly set forth in this Lease, without any set-off, counterclaim,
abatement or deduction whatsoever, in lawful money of the United
States (i) fixed Rent in equal
monthly installments, in advance, on the first
(1st) day of each month during the Term, beginning
on the Rent Commencement Date (subject to the abatement of Fixed Rent as provided in Article 1),
and (ii) Additional Rent, at the times and in the manner set forth in this Lease.

     Section 2.4
First Month’s Rent. Tenant shall pay an amount equal to the
first (1st) month’s
Fixed Rent (after taking into consideration the fixed Rent abatement to which Tenant is entitled
for such month as set forth in Article I-Basic Lease Provisions under the definition of “Fixed
Rent”) for the entire Premises upon the execution of this Lease (“Advance Rent”). The Advance Rent
shall be credited towards the first (1st) month’s Fixed Rent payment.

     Section 2.5 Area of Premises and Project. Landlord and Tenant agree that the Area of the
Premises and the Area of the Project as set forth in Article 1 shall be conclusive and

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binding on
both parties regardless of any measurement of the Premises and/or of the Project after the
Effective Date. The foregoing notwithstanding, Landlord shall have the right to remeasure the Area
of the Project if, after the date hereof there is a change in the use of any portion(s) thereof,
such as the conversion of retail space to office space or office space to Common Area space. If
there is a change in the Area of the Project as aforesaid, such change shall be effective as of the
date Landlord provides Tenant with notice of such change and such change shall equitably apply only
to Tenant’s Proportionate Share, and shall not apply to or result in a change in, inter alia, the
Fixed Rent payable by Tenant under this Lease or any concession or allowance to which Tenant might
be entitled under this Lease that is based upon the Area of the Premises. Tenant’s architect may
consult with Landlord’s space planner/consultant during any such remeasurement. Tenant reserves the
right to have its space planner or architect measure the Premises and/or Building to confirm that
the measurement provided by Landlord is accurate and conforms to the standards of measure set forth
herein. Any discrepancy shall be promptly resolved by the parties through good faith negotiations.

     Section 2.6 Access. To the extent Landlord provides Tenant access to any portion of the
Premises prior to the Commencement Date, Tenant shall be bound by and comply with, all of the terms
of this Lease other than the obligation to pay Fixed Rent, Tenant’s Tax Payment and Tenant’s
Operating Payment.

     Section 2.7 Deed of Lease/Landlord’s Agent for Service of Process. For purposes of Section
55-2, Code of Virginia (1950), as amended, this Lease is and shall be deemed to be a deed of lease.
For purposes of Section 55-218.1. Code of Virginia (1950), as amended, Landlord’s resident agent
for service of process is: National Registered Agents, Inc., 526 King Street, Alexandria, Virginia
22314.

ARTICLE 3

USE AND OCCUPANCY; PARKING

     Section 3.1 Permitted Uses. Tenant shall not use or occupy the Premises for any purpose other
than for the Permitted Uses. Tenant shall not use or occupy or permit the use or occupancy of any
part of the Premises in a manner constituting a Prohibited Use. Tenant, at Tenant’s expense, shall
procure and at all times maintain and comply with the terms and conditions of all licenses and
permits required for the lawful conduct of the Permitted Uses in the Premises.

	 	 	Section 3.2 Parking Facility.

          (a) Except as set forth in this Lease to the contrary, Landlord shall arrange for and cause
the Parking Allocation to be available to Tenant throughout the Term.

          (b) Within thirty (30) days after the first Commencement Date to occur, Tenant shall notify
Landlord in writing of Tenant’s desire to obtain all or a specified number of the Parking
Allocation and Tenant shall enter into parking contracts with the Parking Facility tenant or
operator (as applicable, the “Operator”). If Tenant
elects not to request monthly

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parking contracts for any portion of
the Parking Allocation within thirty (30) days after the
Commencement Date, or if Tenant
subsequently elects not to continuously maintain or cause to be maintained any such parking
contracts, Tenant shall nonetheless have the right to elect at any later date(s) to utilize
Tenant’s full Parking Allocation (or a portion thereof, if Tenant so elects) by providing Landlord
and the Operator with at least forty-five (45) days’ prior written notice of such election, which
notice shall also state the number of additional contracts that Tenant desires to utilize and the
date(s) on which Tenant would like such contract(s) to commence (which date(s) must be the first
day of a calendar month).

          (c) Landlord
shall provide, or shall cause the Operator to provide, 24-hour access to the
Parking Facility for each of Tenant’s parking contracts.

          (d) Unless directed in writing by Landlord to the contrary, Tenant shall be directly
responsible to the Operator for the payment of any and all fees or charges due in connection with
the parking contracts. Notwithstanding the foregoing and so long as no Event of Default then exists
under this Lease, Landlord agrees to abate and forgive the payment of the monthly parking fees then
payable for Tenant’s Parking Allocation of non-reserved parking spaces in the Parking Garage during
the eighteen (18) month period from the first Commencement Date to occur.

          (e) Tenant acknowledges that Landlord or the Operator may temporarily relocate, or
specifically designate the location of, Tenant’s parking spaces
from time to time as a result of an
emergency or casualty at the Project. Tenant agrees that it and its employees shall observe
reasonable safety precautions in the use of the Parking Facility and
shall at all times abide by
all reasonable rules and regulations promulgated by Landlord or Operator governing the use of the
Parking Facility. Landlord does not assume any responsibility for any damage or loss to any
automobiles parked in the Parking Facility or to any personal property located therein, or for any
injury sustained by any person in or about the Parking Facility. Except in connection with a
permitted assignment of this Lease or a permitted sublease of the Premises or a portion thereof or
the use of parking by Tenant’s customers, clients, visitors, employees and other business invitees,
neither Tenant nor any Tenant employee nor any other party claiming
by, through or under Tenant
shall assign, sublet, license or otherwise transfer or allow the use of any of Tenant’s parking
rights under this Lease.

          (f) Tenant’s parking rights shall be for non-reserved parking spaces. Landlord reserves the
right to require that all or a portion of Tenant’s Parking Allocation be for tandem, stacked, valet
and such other parking arrangements as Landlord or the Operator shall from time to time deem
reasonably necessary for the Parking Facility.

          (g) All parking contracts shall be on a monthly basis at market rates for parking in
Comparable Buildings, which rates are currently $60.00 per contract for an unreserved space and
$100.00 per month per contract for a reserved space.

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ARTICLE 4

CONDITION OF THE PREMISES

     Section 4.1 Condition. Tenant has inspected the Premises and agrees that Landlord has no
obligation to perform any work, supply any materials, incur any expense (other than to provide
Landlord’s Contribution upon the terms set forth in this Lease) or make any alterations or
improvements to prepare the Premises for Tenant’s occupancy.

ARTICLE 5 

ALTERATIONS

     Section 5.1 Tenant’s Alterations.

          (a) Tenant shall be permitted to make Permitted Alterations and Decorative Alterations without
Landlord’s consent. Tenant shall be permitted to make Major Alterations with
Landlord’s prior consent, which consent shall not be unreasonably withheld, conditioned or
delayed.; provided, however, that Tenant shall not make any Major Alterations that affect the
structure of the Building, the Base Building Systems or the certificate of occupancy issued for the
Building without the prior written consent of Landlord, which consent may be withheld in Landlord’s
sole discretion.

               “Alterations” means any alterations or additions in or about the Premises (including the
initial Tenant Improvements and any future Improvements).

               “Decorative Alterations” means minor decorative or cosmetic Permitted Alterations that do not
require the issuance of any permit, such as painting, installing and removing wall coverings,
carpet and other floor coverings and installing and removing office furniture and workstations.

               “Permitted Alterations” means Alterations that do not consist solely of Decorative Alterations
and that (i) cost less than $25,000 in the aggregate during any calendar year, (ii) are
non-structural, (iii) do not materially and adversely affect any Base Building Systems, (iv) affect
only the Premises and are not visible from outside of the Premises, (v) do not require any permit
from any governmental or quasi-governmental authority, and (vi) do not affect the certificate of
occupancy issued for the Building or the Premises.

               “Major Alterations” means Alterations that are neither Decorative Alterations nor Permitted
Alterations.

          (b) Prior to making any Major Alterations, Tenant, at Tenant’s expense, shall (i) submit to
Landlord for its approval, detailed plans and specifications (“Plans”) of each proposed Alteration,
and with respect to any Alteration affecting any Base Building System, evidence that the Alteration
has been designed by, or reviewed and approved by, Landlord’s designated engineer for the affected
Base Building System, (ii) obtain all permits, approvals and certificates required by any
Governmental Authorities, (iii) furnish to Landlord duplicate original policies or certificates of
worker’s compensation (covering all persons to be employed

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by Tenant, and Tenant’s contractors and
subcontractors in connection with such Alteration) and commercial general liability (including
property damage coverage) insurance and Builder’s Risk coverage (as described in Article 11) all in
such form, with such companies, for such periods and in such amounts as Landlord may reasonably
require, naming Landlord, Landlord’s Agent, any Lessor and any Mortgagee as additional insureds,
and (iv) furnish to Landlord reasonably satisfactory evidence of Tenant’s ability to complete and
to fully pay for such Alterations. Landlord shall have twelve (12) Business Days after receipt of
the Plans within which to approve or disapprove of the Plans. If Landlord disapproves any Plans,
Landlord will provide reasonably detailed grounds for such disapproval. Tenant shall give Landlord
not less than five (5) Business Days’ notice prior to performing any Permitted Alterations or
Decorative Alteration, which notice shall contain a description of such Alteration and any Plans,
if applicable. The Plans submission and approval provisions set forth in this Section shall not
apply to the initial Tenant Improvements to be made at the Premises pursuant to Exhibit C-Work
Agreement.

          (c) Tenant, at Tenant’s expense, shall, as and when required, promptly obtain certificates of
partial and final approval of such Alterations required by any Governmental Authority and shall
furnish Landlord with copies thereof, together with “as-built” drawings for such Alterations
(other than Decorative Alterations) prepared on an AutoCAD Computer Assisted Drafting and Design
System (or such other system or medium as Landlord may reasonably require), using naming
conventions issued by the American Institute of Architects in June, 1990 (or such other naming
conventions as Landlord may reasonably accept) and magnetic computer media of such record drawings
and specifications translated in DWG format or another format acceptable to Landlord. This Section
5.1(c) shall not apply to the initial Tenant Improvements to be made at the Premises pursuant to
Exhibit C-Work Agreement.

     Section 5.2
Manner and Quality of Alterations. All Alterations shall be performed (a) in a
good and workmanlike manner and free from material defects, (b) except in connection with
Decorative Alterations (for which no Plans will be required), substantially in accordance with the
Plans, and by contractors reasonably approved by Landlord, and (c) in compliance with all
Requirements, the terms of
this Lease and all construction procedures and regulations then reasonably prescribed by
Landlord. All materials and equipment shall be of first quality and at least equal to the
applicable standards for the Building then reasonably established by Landlord, and no such
materials or equipment (other than Tenant’s Property) shall be subject to any lien or other
encumbrance.

     Section 5.3
Removal of Tenant’s Property. On or before the Expiration Date, Tenant, at
Tenant’s expense, shall (i) remove all Specialty Alterations and close up any slab penetrations at
the Premises; and (ii) remove all other Alterations (other than
any Decorative Alterations,
Non-Removable Alterations and Tenant’s voice and data cabling in the Premises) to the extent that
Landlord informs Tenant in writing at the time Landlord approves the plans for such Alterations
that Tenant will be required to remove all or a portion of such Alterations on or before the
expiration or earlier termination of the Term. A “Non-Removable Alteration” means an Alteration,
other than a Specialty Alteration, that constitutes a standard office improvement normally and
customarily found in professional administrative offices in Comparable Buildings which Landlord
does not require Tenant to remove pursuant to this Article 5 and which Tenant

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otherwise elects not
to remove at the end of the Term. Tenant, at Tenant’s expense, shall repair the Premises in a good
and workmanlike manner any damage to the Premises and/or the Building caused by Tenant’s removal of
Tenant’s Property and any Alterations or by the closing of any slab penetrations. If Tenant fails
to remove any of Tenant’s Property and/or the Alterations that Tenant is required to remove, the
same shall be deemed abandoned and Landlord may remove and dispose of same, and repair any damage
caused thereby, at Tenant’s expense, and without accountability to Tenant. All Alterations that
Landlord  require Tenant to remove as aforesaid and which Tenant does
not, at its option,
elect to remove, shall become Landlord’s property upon the expiration or earlier termination of
this Lease. On or before the Expiration Date, Tenant, at Tenant’s expense, shall remove Tenant’s
Property from the Premises.

     Section 5.4
Mechanic’s Liens. Tenant, at Tenant’s expense, shall discharge any lien or charge
recorded or filed against the Real Property in connection with any work done or claimed to have
been done by or on behalf of, or materials furnished or claimed to have been furnished to, Tenant,
within twenty (20) days after Tenant’s receipt of notice thereof by payment, filing the bond
required by law or otherwise in accordance with law.

     Section 5.5
Labor Relations. Tenant shall not employ, or permit the employment of, any
contractor, subcontractor, supplier, mechanic or laborer or permit any materials to be delivered to
or used at the Premises if, in Landlord’s reasonable judgment, such employment, delivery or use
will interfere or cause any conflict with other contractors, subcontractors, suppliers, mechanics
or laborers engaged in the construction, maintenance or operation of the Building by Landlord or
Tenant or others or with Landlord’s operation of the Building or the conduct of business therein
(e.g., protesters picketing or otherwise demonstrating on the sidewalk outside of the Building). If
such interference or conflict occurs and continues for more than five (5) Business Days after
notice from Landlord, upon Landlord’s further request, Tenant shall cause all contractors,
subcontractors, suppliers, mechanics or laborer’s mechanics or laborers causing such interference
or conflict to leave the Building immediately.

     Section 5.6 Tenant’s Costs. Tenant shall pay promptly to Landlord, upon demand, for (a) all
reasonable out-of-pocket costs incurred by Landlord in connection with the review of any
Alterations plans, and (b) the time spent by Landlord’s personnel during non-Business Hours to
operate elevators or otherwise to facilitate Tenant’s Alterations, which time shall be charged at
the hourly rate that Landlord normally charges for such personnel’s services. At Landlord’s
request, Tenant shall deliver to Landlord reasonable supporting documentation evidencing the hard
and soft costs incurred by Tenant in designing and constructing any Alterations.

     Section 5.7 Tenant’s Equipment. Tenant shall provide notice to Landlord prior to moving any
heavy machinery, heavy equipment, freight, bulky matter or fixtures
(collectively, “Equipment”)
into or out of the Building and shall pay to Landlord any reasonable costs actually incurred by
Landlord in connection therewith. If such Equipment requires special handling, Tenant agrees (a) to
employ only persons holding all necessary licenses to perform such work, (b) all work performed in
connection
therewith shall comply with all applicable Requirements and (c) such work shall be done only
during hours reasonably designated by Landlord.

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     Section 5.8 Legal Compliance. The approval of Alteration Plans, or consent by Landlord to the
making of any Alterations, does not constitute Landlord’s representation that such Alteration Plans
or Alterations comply with any Requirements. Landlord shall not be liable to Tenant or any other
party in connection with Landlord’s approval of any Alteration Plans, or Landlord’s consent to
Tenant’s performing any Alterations. If any Alterations made by or on behalf of Tenant, require
Landlord to make any alterations or improvements to any part of the Building or Real Property in
order to comply with any Requirements, Tenant shall pay all reasonable costs and expenses actually
incurred by Landlord, without markup, in connection with such alterations or improvements.

     Section 5.9 Floor Load. Tenant shall not place a load upon any floor of the Premises that
exceeds eighty (80) pounds per square foot “live-load” or twenty (20) pounds per square foot
“dead-load.” Landlord reserves the right to reasonably designate the position of all Equipment
which Tenant wishes to place within the Premises, and to place reasonable limitations on the weight
thereof.

ARTICLE 6

REPAIRS

     Section 6.1 Landlord’s Repair and Maintenance.

          (a) Landlord shall operate, maintain and. except as provided in Section 6.2 hereof, make all
necessary repairs and replacements (both structural and nonstructural) to (i) the Base Building
Systems, (ii) the Common Areas, in conformance with standards applicable to Comparable Buildings,
and (iii) the structural components of the Building including, but not limited to, the exterior,
including exterior doors and windows, and, load bearing elements, foundations, roof and roof
membrane.

          (b) If Landlord fails to perform any of Landlord’s maintenance obligations under this Lease
and such failure materially and adversely impacts Tenant’s use and enjoyment of the Premises for
the Permitted Use (a “Repair Problem”), Tenant shall send Landlord a written notice detailing the
nature of the Repair Problem (the “First Repair Notice”). If such Repair Problem continues for
fifteen (15) days after Landlord receives the First Repair
Notice, Tenant shall send a second
notice which must state “SECOND AND FINAL REQUEST” at
the top of the notice (the “Second Repair
Notice”).

          If Landlord commences the required action within fifteen (15) days after Landlord receives the
Second Repair Notice and thereafter prosecutes such repair to
completion with reasonable diligence,
Landlord shall have a reasonable period after receipt of the Second Repair Notice to cure the
Repair Problem.

          If the Repair Problem continues for more than fifteen (15) days after Landlord receives the
Second Repair Notice and Landlord is not prosecuting such repair to completion with reasonable
diligence, Tenant may make such repairs or perform such maintenance, except that Tenant shall have
no right to undertake any action under this Section 6.1(b) (i) with respect

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to the Building’s structure, exterior walls, floor slabs, roof, and/or elevator(s),
and/or (ii) that would materially and adversely affect any other Building tenant or the services or
other rights to which such tenant is entitled.

          Upon
Tenant’s cure of the Repair Problem, Landlord shall reimburse Tenant for Tenant’s
reasonable out of pocket costs incurred in curing the Repair Problem within thirty (30) days alter
Landlord’s receipt of an invoice for such costs (with such back-up documentation as Landlord might
reasonably request); provided, however, Tenant shall be solely responsible for any damage or
injury, or death caused by or arising in connection with Tenant’s efforts to remedy the Repair
Problem. To the extent that any Landlord reimbursement to Tenant under this section qualifies as an
Operating Expense, such reimbursement amount shall be included in Operating Expenses.

          (c) The foregoing and any other provision of this Lease to the contrary notwithstanding,
Tenant shall have no right to undertake any action that would (i) affect the Base Building Systems
or the Building’s exterior walls, floor slabs, roof or structure, and/or (ii) materially and
adversely affect any other Building tenant or the services or other rights to which such tenant is
entitled.

          (d) This Section shall not apply in the event of damage or destruction addressed in Article 11
or in the event of a taking addressed in Article 12.

     Section 6.2 Tenant’s Repair and Maintenance. Tenant shall promptly, at Tenant’s expense and in
compliance with Article 5. make all nonstructural repairs to the Premises and the fixtures, plate
glass, equipment and appurtenances located within or exclusively serving the Premises (including
all electrical and plumbing systems from the point of connection to the Base Building Systems and
all heating, ventilation and air conditioning systems in and
exclusively serving the Premises or,
if this Lease expressly provides that the Premises will be served by
the Base Building System
heating, ventilation and air conditioning, from the point of
connection to the Base Building
System) and all Specialty Alterations; but excluding repairs, maintenance and replacement of the
base Building exterior windows, atrium windows, exterior and Common Areas Tenant’s signage located
within the Common Areas, the base Building heating, ventilation and air conditioning systems
located in the Premises but only to the point of connection for service to the Premises, the base
Building life safety systems located in the Premises and
non-Specialty Alteration lightbulbs, lamps
and ballasts located in the Premises, which shall be repaired, maintained and replaced as necessary
by Landlord and, to the extent applicable, the cost of such repairs, maintenance and replacements
will be included in Operating Expenses) (collectively, “Tenant Fixtures”), as and when needed to
preserve the Premises in good working order and condition, except for (i) reasonable wear and tear,
(ii) damage by casualty or condemnation, (iii) damage and repairs covered under any insurance
policy carried by Landlord in connection with the Building, (iv) damage caused by any defects in
the design, construction or materials of the Building, including the Premises and any improvements
installed therein by Landlord, (v) repairs covered under Operating Expenses, (vi) conditions
covered under any warranties of Landlord’s contractors and (v) damaged caused in whole or in part
by the gross negligence or willful misconduct of Landlord or Landlord’s agents, employees, invitees
or

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licensees. Subject to Section 11.2(b), all damage to the Building or to any portion thereof or
to any Tenant Fixtures requiring structural or nonstructural repair caused by or resulting from any
act, omission, neglect or improper conduct of a Tenant Party or the moving of Tenant’s Property or
Equipment into, within or out of the Premises by a Tenant Party, shall be repaired at Tenant’s
expense by Tenant or by Landlord in accordance with the allocation of repair responsibilities set
forth above. All Tenant repairs shall be of good quality utilizing new construction materials and
in compliance with Article 5.

     Section 6.3 Restorative Work. Landlord reserves the right to make all changes, alterations,
additions, improvements, repairs or replacements to the Real Property, the Project, the Building
and Base Building Systems, including changing the arrangement or location of entrances or
passageways, doors and doorways, corridors, elevators, stairs, toilets or other Common Areas
(collectively, “Restorative Work”), as Landlord reasonably deems necessary or desirable, and to
take all materials into the Premises required for the performance of such Restorative Work,
provided that (a) the level of any Building service shall not decrease in any material respect from
the level required of Landlord in this Lease as a result thereof (other than temporary changes in
the level of such services during the performance of any such Restorative Work) and (b) Tenant is
not deprived of reasonable access to or use of the Premises or the Parking Facility. Landlord shall
use reasonable efforts to minimize interference with Tenant’s use and occupancy of the Premises
during the performance of such Restorative Work. There shall be no Rent abatement or allowance to
Tenant for a diminution of rental value, no actual or constructive eviction of Tenant, in whole or
in part, no relief from any of Tenant’s other obligations under this Lease, and no liability on the
part of Landlord by reason of inconvenience, annoyance or injury to business arising from Landlord.
Tenant or others performing, or failing to perform, any Restorative Work.

ARTICLE 7

TAXES AND OPERATING EXPENSES

     Section 7.1 Definitions.

          (a) “Assessed Valuation” shall mean the amount for which the Real Property is assessed by any
applicable Governmental Authority for the purpose of imposition of Taxes.

          (b) “Base Operating Expenses” shall mean the Operating Expenses for the Base Year.

          (c) “Base Taxes” shall mean the Taxes payable on account of the Base Year.

          (d) “Calendar Year” shall mean each calendar year, all or any portion of which falls during
the Term.

          (e) “Comparison Year” shall mean any Calendar Year commencing subsequent to the Base Year.

          (f) “Operating Expenses” shall mean the aggregate of all costs and expenses

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paid or
incurred by or on behalf of Landlord in connection with the ownership, operation,
repair and maintenance of the Real Property, including, but not
limited to, the
following:

               (i) any capital improvement made after the Base Year if such capital improvement either (A) is
reasonably intended to result in a reduction in Operating Expenses (e.g., a labor-saving
improvement) provided the amount included in Operating Expenses in any Comparison Year shall not
exceed an amount equal to the savings reasonably determined or anticipated by Landlord to result
from the installation and operation of such improvement, and/or (B) is made during any Comparison
Year to comply with Requirements, exclusive of any costs incurred to remedy any Requirements
violation existing on the Commencement Date. Such capital improvements shall be amortized (with
interest at the Base Rate) on a straight-line basis over the useful life thereof in accordance with
Generally Accepted Accounting Principals, and the amount included in Operating Expenses in any
Comparison Year shall be equal to the annual amortized amount:

               (ii) costs of maintaining and operating (including the reasonable rental value thereof, but
not for more than 1,500 square feet of rentable area) the management and engineering offices, if
any, for the Project (whether on-site or off-site);

               (iii) costs incurred by Landlord in establishing, equipping, maintaining, repairing and
operating (including the reasonable rental value thereof) any Building amenities or services
intended by Landlord for the general benefit of tenants of the Building such as any concierge
service (whether located at the Building or made available to Building tenants from an off-site
location);

               (iv) costs incurred by Landlord in maintaining, repairing and operating (including the
reasonable rental value thereof) any Building fitness or health center (provided such center does
not exceed 4,500 square feet of rentable area), but not the cost of initially equipping such
fitness center or purchasing replacement equipment therefor, unless the existing equipment being
replaced has reached the end of its useful life and the cost of the replacement equipment is
amortized over its useful life (or only the equipment rental charge is included in Operating
Expenses) and Operating Expenses for each year only include the amortized portion of such costs (or
such rental costs) allocable to the particular year;

               (v) costs of maintaining the sidewalks, landscaping and other improvements adjacent to the
Real Property including, without limitation, costs of cleaning, removing snow and spreading salt;
feeding trees; removing trash from tree boxes; and adding mulch to tree boxes;

               (vi) costs incurred for Project Parking Facility utilities, elevators, insurance, cleaning,
restriping, HVAC and security;

               (vii) electricity, water and other utility costs:

               (viii) costs of all insurance (including any terrorism insurance) maintained by Landlord in
connection with the Real Property and/or Landlord’s equipment.
fixtures and personal property used in connection therewith pursuant to Article 11 hereof: and

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               (ix) a property management fee in the amount of three percent (3%) of gross rents and revenues
received by Landlord from the Building (including, without limitation. Operating Expense and Tax
pass throughs and reimbursements) and all items reimbursable to the Building property manager
pursuant to any management contract for the Building.

     Except
as might be expressly set forth in this Lease to the contrary, Operating Expenses shall
be calculated in accordance with customary practices employed by other comparable owners of
Comparable Buildings. Landlord shall not seek to capture more than 100% of Landlord’s actual
Operating Expenses nor shall Landlord recover through Operating Expenses or otherwise, any item of
cost more than once. Notwithstanding the foregoing or anything else to the contrary under this
Lease, Operating Expenses shall not include any Excluded Expenses.

     If during all or part of the Base Year or any Comparison Year, Landlord does not furnish any
particular item of work or service (which would otherwise constitute an Operating Expense) to any
leasable portion of the Project and the costs of such item constitutes an Operating Expense and the
cost varies with the Project’s occupancy level or if any tenant of the Project does not normally
use a specific Project area or improvement (e.g., a first (1st) floor retail tenant with
an exterior premises entrance door does not normally use the Project’s passenger elevators), then,
for purposes of computing Operating Expenses for such period, the amount included in Operating
Expenses for such period shall be increased by an amount equal to the costs that Landlord
reasonably determines would have been incurred during such period if Landlord had furnished such
item of work or service to such portion of the Project or if all tenants of the Project had
normally used such Project area or improvement; provided, however, if the result of such
computation would be to have Landlord expenditures for such items included in Tenant’s Operating
Payment exceed the actual cost of such items, then the foregoing amount shall be reduced by such
excess. In determining the amount of Operating Expenses for the Base Year or any Comparison Year,
if less than ninety-five percent (95%) of the Project rentable area is occupied by tenants at any
time during the Base Year or any such Comparison Year, then Operating Expenses which vary with
occupancy shall be determined for the Base Year or such Comparison Year to be an amount equal to
the like expenses which would normally be expected to be incurred had such occupancy been
ninety-five percent (95%) throughout the Base Year or such Comparison
Year; provided, however, if
the result of such computation would be to have Landlord’s expenditure recoveries for such items
exceed the actual cost of such items, then the foregoing amount shall be reduced by such excess.

     To the extent that the Building shares facilities and/or services with other buildings.
Operating Expenses shall include the portion of all costs, expenses and disbursements relating to
such shared facilities and services as Landlord reasonably allocates to the Building provided that
if such expenses were incurred solely at or in connection with the Building, such expenses would
otherwise constitute Operating Expenses hereunder. For example, if the property management office
for the Building were located in another office building containing the same rentable area as the
Building and such management office also serves as the property management office for such other
building, Operating Expenses for the Building would include Landlord’s reasonable

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allocation to the
Building of the cost of maintaining and operating (including the reasonable rental value thereof,
but not for more than the rentable area permitted above) the management offices at such other
building.

          (g) “Statement” shall mean a statement setting forth in reasonable detail a comparison of (i)
the Base Taxes and the Taxes for an applicable Comparison Year, together with the amount of
Tenant’s Tax Payment for such Comparison Year, or (ii) the Base Operating Expenses and the
Operating Expenses payable for any Comparison Year, together with the amount of Tenant’s Operating
Payment for such Comparison Year.

          (h) “Taxes” shall mean (i) all real estate taxes, assessments, sewer and water rents, Business
Improvement District assessments and charges and all other governmental levies, impositions or
charges, whether general, special, ordinary, extraordinary, foreseen or unforeseen, which may be
assessed, levied or imposed upon all or any part of the Real Property or in connection with the use
thereof (including any transit, personal property, sales, rental, use, gross receipts (to the
extent the same are allocable to the Building), or occupancy taxes, vault rental and other taxes
and assessments), and (ii) all expenses (including reasonable attorneys’ fees and disbursements and
experts’ and other witnesses’ fees) incurred in contesting any of the foregoing or the Assessed
Valuation of the Real Property (but such expenses will not be included in Base Taxes if incurred
during the Base Year). Taxes shall not include (1) interest or penalties incurred by Landlord as a
result of Landlord’s late payment of Taxes, (2) franchise, transfer, gift, inheritance, estate or
net income taxes imposed upon Landlord, (3) deed transfer, transfer of economic interests or
recordation taxes, (4) any environmental assessments, charges or liens arising in connection with
the remediation of Hazardous Materials from the Premises or Building, or (5) reserves for future
Taxes. For purposes hereof, “Taxes” for any Calendar Year shall be deemed to be the Taxes which are
assessed, levied or imposed for such Calendar Year regardless of when due or paid. If any Taxes are
assessed on a fiscal year (rather than a Calendar Year), Landlord shall have the right to equitably
allocate such Taxes on a Calendar Year basis. If Landlord elects to pay any assessment in annual
installments, then (i) such assessment shall be deemed to have been so divided and to be payable in
the maximum number of installments permitted by law, and (ii) there shall be deemed included in
Taxes for each Comparison Year the installments of such assessment becoming payable during such
Comparison Year, together with interest payable during such Comparison Year on such installments
and on all installments thereafter becoming due as provided by law, all as if such assessment had
been so divided. If at any time the methods of taxation prevailing on the Effective Date shall be
altered so that in lieu of or as an addition to the whole or any part of Taxes, there shall be
assessed, levied or imposed (1) a tax, assessment, levy, imposition or charge based on the income
or rents received from the Real Property whether or not wholly or partially as a capital levy or
otherwise, (2) a tax, assessment, levy, imposition or charge measured by or based in whole or in
part upon all or any part of the Real Property and imposed upon Landlord, (3) a license fee
measured by the rents, or (4) any other tax, assessment, levy, imposition, charge or license fee
however described or imposed, including business improvement district impositions and business,
professional and occupational license fees, then all such taxes, assessments, levies, impositions,
charges or license fees or the part thereof so measured or based shall be deemed to be Taxes.

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     Section 7.2 Tenant’s Tax Payment.

          (a) If
the Taxes payable for any Comparison Year exceed the Base Taxes, Tenant shall pay to
Landlord Tenant’s Proportionate Share of such excess (“Tenant’s Tax Payment”). Notwithstanding the
foregoing, Tenant shall have no obligation to pay Tenant’s Tax Payment until January 1, 2011. For
each Comparison Year, Landlord shall furnish to Tenant a written statement setting forth Landlord’s
reasonable estimate of Tenant’s Tax Payment for such Comparison Year (the “Tax Estimate”). Landlord
shall be permitted to adjust its Tax Estimate no more than one (1) time during any applicable
Comparison Year. Tenant shall pay to Landlord on the first (lst) day of each month
during such Comparison Year an amount equal to 1/12 of the Tax Estimate for such Comparison Year.
If Landlord furnishes a Tax Estimate for a Comparison Year subsequent to the commencement thereof,
then (i) until the first (lst) day of the month following the month in which the Tax
Estimate is furnished to Tenant, Tenant shall pay to Landlord on the first (lst) day of
each month an amount equal to the monthly sum payable by Tenant to Landlord under this Section
during the last month of the preceding Comparison Year, (ii) promptly after the Tax Estimate is
furnished to Tenant or together therewith, Landlord shall give notice to Tenant stating whether the
installments of Tenant’s Tax Estimate previously made for such Comparison Year were greater or less
than the installments of Tenant’s Tax Estimate to be made for such Comparison Year in accordance
with the Tax Estimate, and (x) if there shall be a deficiency, Tenant shall pay the amount thereof
within twenty (20) Business Days after demand therefor, or (y) if there shall have been an
overpayment. Landlord shall credit the amount thereof against subsequent payments of Rent due
hereunder or if this Lease has terminated or expired, promptly refund such amount to Tenant, and
(iii) on the first (1st) day of the month following the month in which the fax Estimate is
furnished to Tenant, and on the first (1st) day of each month thereafter throughout the
remainder of such Comparison Year, Tenant shall pay to Landlord an amount equal to 1/12 of the Tax
Estimate.

          (b) As soon as reasonably practicable after Landlord has determined the actual Taxes for a
Comparison Year, Landlord shall furnish to Tenant a Statement for such Comparison Year. If the
Statement shows that the sums paid by Tenant under Section 7.2(a) exceeded the actual amount of
Tenant’s Tax Payment for such Comparison Year, Landlord shall credit the amount of such excess
against subsequent payments of Rent due hereunder or. if the Term has expired or terminated.
Landlord shall promptly pay such amount to Tenant. If the Statement for such Comparison Year shows
that the sums so paid by Tenant were less than Tenant’s Tax Payment for such Comparison Year.
Tenant shall pay the amount of such deficiency within twenty (20) Business Days after delivery of
the Statement to Tenant.

          (c) Only Landlord may institute proceedings to reduce the Assessed Valuation of the Real
Property and the filings of any such proceeding by Tenant without Landlord’s consent shall
constitute an Event of Default. If the Taxes payable for the Base Year are reduced, the Base Taxes
shall be correspondingly revised, the Additional Rent previously paid or payable on account of
Tenant’s Tax Payment hereunder for all Comparison Years shall be recomputed on the basis of such
reduction, and Tenant shall pay to Landlord within twenty (20) Business Days after being billed
therefor, any deficiency between the amount of such Additional Rent previously computed and paid by
Tenant to Landlord, and the amount due as a result of such

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 recomputations. If Landlord receives a
refund of Taxes for any Comparison Year, Landlord shall credit against subsequent payments of Rent
due hereunder, an amount equal to Tenant’s Proportionate Share of the refund, net of any expenses
incurred by Landlord in achieving such refund, which amount shall not exceed Tenant’s Tax Payment
paid for such Comparison Year or, if the Term has expired, Landlord shall promptly pay such amount
to Tenant (net of any sums then owed by Tenant to Landlord). Landlord shall not be obligated to
file any application or institute any proceeding seeking a reduction in Taxes or the Assessed
Valuation.

          (d) Tenant shall be responsible for any applicable occupancy or rent tax now in effect or
hereafter enacted and, if such tax is payable by Landlord, Tenant shall promptly pay such amounts
to Landlord, within twenty (20) Business Days of Landlord’s demand therefor.

          (e) Tenant shall be obligated to make Tenant’s Tax Payment regardless of whether Tenant may be
exempt from the payment of any Taxes as the result of any reduction, abatement or exemption from
Taxes granted or agreed to by any Governmental Authority, or by reason of Tenant’s diplomatic or
other tax-exempt status.

     Section 7.3 Tenant’s Operating Payment.

          (a) If the Operating Expenses payable for any Comparison Year exceed the Base Operating
Expenses, Tenant shall pay to Landlord Tenant’s Proportionate Share of such excess (“Tenant’s
Operating Payment”). Notwithstanding the foregoing. Tenant shall have no obligation to pay Tenant’s
Operating Payment until January 1, 2011. For each Comparison Year, landlord shall furnish to Tenant
a written statement selling forth Landlord’s reasonable estimate of Tenant’s Operating Payment for
such Comparison Year (the “Expense Estimate”). Landlord shall be permitted to adjust its Expense
Estimate no more than two (2) times during any applicable Comparison Year. Tenant shall pay to
Landlord on the first (1st) day of each month during such Comparison Year an amount
equal to 1/12 of the Expense Estimate. If Landlord furnishes an Expense Estimate for a Comparison
Year subsequent to the commencement thereof, then (i) until the first (1st) day of the
month following the month in which the Expense Estimate is furnished to Tenant, Tenant shall pay to
Landlord on the first (1st) day of each month an amount equal to the monthly sum payable
by Tenant to Landlord under this Section during the last month of the
preceding Comparison Year,
(ii) promptly after the Expense Estimate is furnished to Tenant or together therewith. Landlord
shall give notice to Tenant stating whether the installments of Tenant’s Operating Payment
previously made for such Comparison Year were greater or less than the installments of Tenant’s
Operating Payment to be made for such Comparison Year in accordance with the Expense Estimate, and
(x) if there shall be a deficiency, Tenant shall pay the amount thereof within twenty (20) Business
Days after demand therefor, or (y) if there shall have been an
overpayment, Landlord shall credit
the amount thereof against subsequent payments of Rent due hereunder or if the Lease has expired or
terminated, promptly refund the same, and (iii) on the first (1st) day of the month
following the month in which the Expense Estimate is furnished to Tenant, and on the first
(1st) day of each month thereafter
throughout the remainder of such Comparison Year, Tenant shall pay to Landlord an amount equal
to 1/12 of Tenant’s Operating Payment shown on the Expense Estimate.

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          (b) On or before May 1st of each Comparison Year, Landlord shall furnish to Tenant
a Statement for the immediately preceding Comparison Year. If the Statement shows that the sums
paid by Tenant under Section 7.3(a) exceeded the actual amount of Tenant’s Operating Payment for
such Comparison Year, Landlord shall credit the amount of such excess against subsequent payments
of Rent due hereunder or, if the Term has expired or been terminated. Landlord shall promptly pay
such amount to Tenant. If the Statement shows that the sums so paid by Tenant were less than
Tenant’s Operating Payment for such Comparison Year, Tenant shall pay the amount of such deficiency
within twenty (20) Business Days after Tenant’s receipt of the Statement.

     Section 7.4 Non-Waiver; Disputes.

          (a) Landlord’s failure to render any Statement on a timely basis with respect to any
Comparison Year shall not prejudice Landlord’s right to thereafter render a Statement with respect
to such Comparison Year or any subsequent Comparison Year, nor shall the rendering of a Statement
prejudice Landlord’s right to thereafter render a corrected Statement for that Comparison Year.

          (b) Each Statement sent to Tenant shall be conclusively binding upon Tenant unless (i) Tenant
pays to Landlord when due the amount set forth in such Statement, without prejudice to Tenant’s
right to dispute such Statement, and (ii) within 120 days
after such Statement is sent, Tenant
sends a notice to Landlord requesting a review of Landlord’s books and records applicable to such
Statement and the Base Year, in which case Tenant and its accountants shall have the right to
review Landlord’s books and records applicable to such
Statement. With respect to each Statement,
Landlord will maintain its applicable books and records for a period of at least three (3) years
after such Statement is delivered to Tenant and thereafter during the pendency of any review
thereof by Tenant pursuant to the terms of this Lease. Tenant agrees that Tenant will not employ,
in connection with any dispute under this Lease with respect to a Statement, any person or entity
who is to be compensated in whole or in part, on a contingency fee basis. If Tenant timely objects
to a Statement and the parties do not resolve any dispute as to the correctness of such Statement
within thirty (30) days following such notice of objection. Tenant may refer the issues raised to a
nationally recognized public accounting firm selected by Tenant and reasonably acceptable to
Landlord, and the decision of such accountants shall be conclusively binding upon Landlord and
Tenant. In connection therewith. Tenant, such accountants and all other persons to whom Tenant
gives any of the information obtained in connection with such review shall execute and deliver to
Landlord a confidentiality agreement, in form and substance reasonably satisfactory to Landlord,
whereby such parties agree not to disclose to any third party any of the information obtained in
connection with such review. Tenant shall pay the fees and expenses relating to such procedure,
unless such accountants determine that Landlord overstated Operating Expenses by more than three
percent (3%) for such Comparison Year, in which case Landlord shall pay all such fees and expenses
of the accounting firm selected by Landlord and Tenant as set forth above. If such audit determines
that Tenant was over charged, Landlord shall credit such amount against Tenant’s next payment of
payments of Rent due or, if this Lease has terminated, promptly refund the same to Tenant.

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     Section 7.5
Proration. If the Rent Commencement Date is not January 1st, the
Additional Rent for the applicable Calendar Year shall be apportioned on the basis of the number of
days in the year from the Rent Commencement Date to the following December 31. If the Expiration
Date occurs on a date other than December 31st, any Additional Rent under this Article
for the Calendar Year in which such Expiration Date occurs shall be apportioned on the basis of the
number of days in the period from January 1st to the Expiration Date. Upon the
expiration or earlier termination of this Lease, any Additional Rent under this Article shall be
adjusted or paid within thirty (30) days after submission of the Statement for the last Calendar
Year.

     Section 7.6 No Reduction in Rent. If Operating Expenses or Taxes for any Comparison Year are
less than the Base Operating Expenses or the Base Taxes (as applicable), such occurrence shall not
entitle Tenant to a refund or any other payment nor shall it result in a reduction in the Rent
payable under this Lease.

     Section 7.7 Cap on Controllable Expenses. Any provision of this Lease to the contrary
notwithstanding, Landlord and Tenant agree as follows:

          (a) For purposes of calculating Tenant’s liability for payment of Tenant’s Proportionate Share
of Controllable Operating Expenses, Controllable Operating Expenses for any Comparison Year shall
be deemed not to have exceeded the Cap. The “Cap” means the product of the Controllable Operating
Expenses incurred during the Base Year multiplied by 105% (compounded annually for each Comparison
Year (or partial Comparison Year) after the Base Year for which the Cap is being determined). For
example, if the Controllable Operating Expenses incurred during the Base Year were $10,000, then
the Cap would be $10,500 ($10,000 x 105%) for the first calendar year after the Base Year; $11.025
($10,000 x 105% x 105%) for the second calendar year after the Base Year; and so on.

          (b) “Controllable Operating Expenses” means all Operating Expenses other than: (i) property
management fees (but such fees shall be subject to the limitation set forth in Section 7.1(f)(ix));
(ii) insurance premiums; (iii) utility costs; and (iv) costs incurred for ice and snow removal.

          (c) All payment calculations under this Article shall be prorated for any partial calendar
years during the Term and all calculations shall be based upon Operating Expenses as grossed-up in
accordance with the terms of this Lease.

          (d) faxes are not included in Operating Expenses and, therefore, Tenant’s Tax Payments shall
not be affected by the provisions of this Section.

     Section 7.8 Real Property Operating Expenses and Taxes.

          (a) As
of the Effective Date, Landlord owns the Real Property (i.e., Tysons International
Plaza I and Tysons International Plaza II) and Landlord operates the Real Property as though it
were a single building with Operating Expenses and Taxes for the Real Property being aggregated and
shared by the Project’s tenants on a proportionate share basis. Until such

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time, if ever, as
Landlord makes the Separate Building Election, all references in this Lease to Operating Expenses
and to Taxes shall mean and refer to all Real Property Operating Expenses and all Real Property
Taxes, respectively.

          (b) Landlord shall have the right, exercisable at any time upon written notice to Tenant, to
cease operating the Project as though it were a single building and to commence operating Tysons
International Plaza I and Tysons International Plaza II separately
(the “Separate Building Election”), in which case, Operating Expenses and Taxes shall include only Operating Expenses and
Taxes incurred in connection with the Building and Tenant’s Proportionate Share shall be the
percentage equal to a fraction, the numerator of which is the Area of the Premises and the
denominator of which is the rentable area of the Building (determined in accordance with the
provisions of Section 2.5).

          (c) Regardless of whether Tysons International Plaza I and Tysons International Plaza II are
operated as though they were a single building or separately, to the extent that the Project shares
facilities and/or services with other buildings, Operating Expenses shall include the portion of
all costs, expenses and disbursements relating to such shared facilities and services as Landlord
reasonably allocates to the Project.

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ARTICLE 8

REQUIREMENTS OF LAW

     Section 8.1 Compliance with Requirements.

          (a) Subject to the provisions of Section 6.2 regarding repairs, Tenant, at Tenant’s expense,
shall comply with all Requirements applicable to the Premises; provided, however, that Tenant shall
not be obligated to comply with any Requirements requiring any structural alterations to the
Building or Project unless the application of such Requirements arises from (i) the specific manner
and nature of Tenant’s use or occupancy of the Premises, as
distinct from general office use, (ii)
Alterations made by Tenant, or (iii) a breach by Tenant of any provisions of this Lease. Any such
repairs or alterations shall be made at Tenant’s expense (1) by Tenant in compliance with Article 5
if such repairs or alterations are
nonstructural and do not affect any Base Building System, or (2) by Landlord if such repairs
or alterations are structural or affect any Base Building System. If Tenant obtains knowledge of
any failure to comply with any Requirements applicable to the
Premises, Tenant shall give Landlord
prompt notice thereof.

          (b) Tenant shall not cause or permit (i) any Hazardous Materials to be brought onto the Real
Property by any Tenant Party, (ii) the storage or use of Hazardous Materials by a Tenant Party in
any manner other than in full compliance with any Requirements, or (iii) the escape, disposal or
release of any Hazardous Materials within or in the vicinity of the Project by any Tenant Party.
Nothing herein shall be deemed to prevent Tenant’s use of any Hazardous Materials customarily used
in the ordinary course of office work or in the construction of leasehold improvements, but only
during the period of Tenant’s performance of the initial Tenant
Improvements and any Alterations;
provided that, in either such case, such use is in accordance with all Requirements. Tenant shall
be responsible, at Tenant’s expense, for all matters directly or indirectly based on, or arising or
resulting from the presence of Hazardous Materials at the Real Property to the extent caused or
permitted by a Tenant Party. Tenant shall provide to Landlord copies of all communications received
by Tenant with respect to any Requirements relating to Hazardous Materials, and/or any claims made
in connection therewith. Landlord or its agents may perform environmental inspections of the
Premises at any time upon reasonable prior notice (or without notice if Landlord reasonably
believes an emergency exists).

          (c) Landlord shall comply with (or cause to be complied with) all Requirements applicable to
the Real Property which are not the obligation of Tenant as expressly set forth herein and which
are not the obligation of any other tenant of the Project (except to the extent such non-compliance
by such other tenants materially and adversely affects Tenant or its rights under this Lease).

          (d) Tenant shall not cause or permit any action or condition that would (i) invalidate or
conflict with Landlord’s insurance policies, (ii) violate applicable rules, regulations and
guidelines of the Fire Department or be inconsistent with the recommendations of any of the issuers
of such policies or any other authority having jurisdiction over the Building, (iii) cause an
increase in the premiums of fire insurance for the Building, or (iv) result in Landlord’s insurance
companies’ refusing to insure the Building or any property therein in amounts and against risks

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as
reasonably determined by Landlord. To the extent that Landlord reasonably shows that its fire
insurance premiums increased as a result of Tenant’s failure to comply with the provisions of this
Section, Tenant shall reimburse Landlord for the increased fire insurance premiums paid by Landlord
as a result of such failure by Tenant within twenty (20) Business Days after Tenant’s receipt of
detailed written demand therefor, which shall include copies of all applicable supporting
documentation (including but not limited to copies of correspondence with Landlord’s insurers) that
reasonably shows the extent to which such increase is attributable to Tenant’s actions.

               (i) Landlord, at Landlord’s expense (with such expense to be an Excluded Expense), shall cause
any Hazardous Materials at the Project to be removed or encapsulated as necessary to comply with
all applicable Requirements, except to the extent Tenant is directly responsible for bringing the
Hazardous Materials into, on, under or about the Project.

               (ii) Landlord represents and warrants that, to Landlord’s knowledge, the Premises and the
Project are in compliance with all applicable environmental Requirements. The foregoing and any
other representation or warranty made to “Landlord’s knowledge” or any similar knowledge
qualification shall be deemed to mean, and shall be limited to, the actual knowledge (as
distinguished from constructive or imputed knowledge) of Tony N. Womack (“Landlord
Representative”), without such person having made or having any duty to make any independent
inquiry or investigation. Landlord represents and warrants that Landlord’s Representative is
generally familiar with the operation and maintenance of the Project. Tenant agrees that Landlord
shall have no duty to inform any Landlord Representative of any documents, agreements or
information. Tenant agrees that no Landlord Representative shall have any personal liability
arising out of any representations or warranties made hereunder. The covenants contained in this
Section shall survive the expiration or earlier termination of the Lease.

     Section 8.2 Fire and Life Safety. Any modifications to the Building fire alarm and life safety
systems required by Tenant or completed as part of any Alterations shall be at Tenant’s expense,
subject to the application of Landlord’s Contribution pursuant to the terms of the Exhibit C-Work
Agreement. If the Fire Insurance Rating Organization or any Governmental Authority or any of
Landlord’s insurers requires or recommends any modifications and/or alterations be made or any
additional equipment be supplied in connection with the sprinkler system or fire alarm and
life-safety system serving the Building by reason of Tenant’s use of the Premises or any portion
thereof for purposes other than for the Permitted Use, any Alterations performed by Tenant or the
location of the partitions, Tenant’s Property or other contents of the Premises. Landlord (to the
extent outside of the Premises) or Tenant (to the extent within the Premises) shall make such
modifications and/or Alterations, and supply such additional equipment, in either case at Tenant’s
expense.

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ARTICLE 9

SUBORDINATION

     Section 9.1
Subordination and Attornment.

          (a) This
Lease is subject and subordinate to all Mortgages and Superior Leases, and, at the
request of any Mortgagee or Lessor, Tenant shall attorn to such Mortgagee or Lessor, its successors
in interest or any purchaser in a foreclosure sale, provided that such Mortgagee furnish a
commercially reasonable recognition and subordination agreement, in recordable form, that states
Tenant’s occupancy and rights pursuant to this Lease will not be disturbed or terminated so long as
Tenant is not then in default of its obligations hereunder beyond any applicable notice and cure
periods. The foregoing and any other provision of this Lease to the contrary notwithstanding.
Landlord shall use commercially reasonable efforts to obtain and deliver to Tenant (i) from
Landlord’s existing Mortgagee a commercially reasonable subordination, non-disturbance and
attornment agreement; and (ii) from any future Mortgagee a commercially reasonable subordination,
non-disturbance and attornment agreement. For the purposes set forth herein, a subordination,
non-disturbance and attornment agreement shall not be deemed commercially reasonable if it
materially increases Tenant’s obligations or materially decreases Tenant’s rights under the Lease.

          (b) If a Lessor or Mortgagee or any other person or entity shall succeed to the rights of
Landlord under this Lease, whether through possession or foreclosure action or the delivery of a
new lease or deed, then Tenant agrees to attorn to and recognize Tenant’s interest under this Lease
and Tenant shall be deemed to have attorned to such successor landlord and recognized such
successor landlord as Landlord under this Lease. The provisions of this Section are self-operative
and require no further instruments to give effect hereto; provided, however, that Tenant shall
promptly execute and deliver any instrument that such successor landlord may reasonably request (i)
evidencing such attornment, (ii) setting forth the terms and conditions of Tenant’s tenancy, which
(subject to clause (iii) below) shall be on substantially the same terms and conditions as set
forth in this Lease, and (iii) containing such other terms and conditions as may be required by
such Mortgagee or Lessor, provided such terms and conditions do not increase the Rent, materially
increase Tenant’s obligations or materially and adversely affect Tenant’s rights under this Lease.
Upon such attornment this Lease shall continue in full force and effect as a direct lease between
such successor landlord and Tenant upon all of the terms, conditions and covenants set forth in
this Lease (to the extent modified pursuant to clause (iii) above) except that such successor
landlord shall not be:

               (i) liable for any act or omission of Landlord (except to the extent such act or omission
continues beyond the date when such successor landlord succeeds to Landlord’s interest and Tenant
gives notice of such act or omission);

               (ii) subject to any defense, claim, counterclaim, set-off or offset which Tenant may have
against Landlord;

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               (iii) bound by any prepayment of more than one month’s Rent to any
prior landlord;

               (iv) bound by any obligation to perform any work or to make improvements to the Premises
except for (x) repairs and maintenance required to be made by Landlord under this Lease, and (y)
repairs to the Premises as a result of damage by fire or other casualty or partial condemnation
pursuant to the provisions of this Lease, but only to the extent that such repairs can reasonably
be made from the net proceeds of any insurance or condemnation awards, respectively, actually made
available to such successor landlord;

               (v) bound by any modification, amendment, or renewal of this Lease made without successor
landlord’s consent; or

               (vi) liable for the repayment of any security deposit or surrender of any letter of credit,
unless and until such security deposit actually is paid or such letter of credit is actually
delivered to such successor landlord.

          (c) Tenant shall from time to time within thirty (30) days of request from Landlord execute
and deliver any documents or instruments that may be reasonably required by any Mortgagee or Lessor
to confirm any subordination.

     Section 9.2
Mortgage or Superior Lease Defaults. Any Mortgagee may elect that this Lease shall
have priority over the Mortgage and. upon notification to Tenant by such Mortgagee, this Lease
shall be deemed to have priority over such Mortgage, regardless of the date of this Lease.

     Section 9.3
Tenant’s Termination Right. As long as any Superior Lease or
Mortgage exists,
Tenant shall not seek to terminate this Lease by reason of any act or omission of Landlord until
(a) Tenant shall have given notice of such act or omission to all Lessors and/or Mortgagees
provided that Landlord has designated such Lessors and/or Mortgagees in writing by notice from
Landlord to Tenant, and (b) a reasonable period of time (not to exceed sixty (60) days) shall have
elapsed following the giving of notice of such default and the expiration of any applicable notice
or grace periods, during which period such Lessors and/or Mortgagees shall have the same right as
Landlord, but not the obligation, to remedy such act or omission and thereafter diligently proceed
to so remedy such act or omission.

     Section 9.4
Provisions. The provisions of this Article shall (a) inure to the benefit of
Landlord, any future owner of the Building or the Real Property, Lessor or Mortgagee and any
sublessor thereof and (b) apply notwithstanding that, as a matter of law, this Lease may terminate
upon the termination of any such Superior Lease or Mortgage.

     Section 9.5
Future Condominium Declaration. This Lease and Tenant’s rights hereunder are and
will be subject and subordinate to any condominium declaration, by-laws and other instruments
(collectively, the “Condominium Documents”) which may be recorded in order to subject the Building
to a condominium form of ownership pursuant to the laws of the State, provided that the Condominium
Documents do not by their terms increase the Rent,

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materially increase Tenant’s non-Rent obligations or materially and adversely affect Tenant’s
rights under this Lease. At Landlord’s request, and subject to
the foregoing proviso, Tenant will
execute and deliver to Landlord an amendment of this Lease confirming such subordination and
modifying this Lease to conform to such condominium regime.

ARTICLE 10

SERVICES

     Section 10.1 Electricity. Subject to any Requirements or any public utility rules or
regulations governing energy consumption. Landlord shall make or cause to be made, customary
arrangements with utility companies and/or other suppliers of electricity to furnish electric
current to the Premises for Tenant’s use in accordance with the standards to which the Base
Building Systems have been designed. If Landlord reasonably determines by the use of an electrical
consumption survey or by other reasonable
means that Tenant is using electric current (including overhead fluorescent fixtures) in
excess of 1.0 kilowatt hours per square foot of usable area in the Premises per month, as
determined on an annualized basis, or 5.0 watts per useable square foot in the Premises of demand
load exclusive of Base Building Systems (“Excess Electrical Usage”), then Landlord shall have the
right to charge Tenant an amount equal to Landlord’s reasonable estimate of Tenant’s Excess
Electrical Usage, and shall have the further right to install a separate electric current meter,
submeter or check meter in the Premises (a “Meter”) to measure the amount of electric current
consumed in the Premises. The cost of such Meter, special conduits, wiring and panels needed in
connection therewith and the installation, maintenance and repair thereof shall be paid by Tenant.
Tenant shall pay to Landlord, from time to time, but no more frequently than monthly, for its
Excess Electrical Usage at the Premises. The rate to be paid by Tenant for Metered electricity
shall include any taxes or other charges imposed by the applicable utility provider in connection
therewith.

     Section 10.2 Excess Electricity. Tenant shall at all times comply with the rules and
regulations of the utility company supplying electricity to the Building. Tenant shall not use any
electrical equipment which, in Landlord’s reasonable judgment, would exceed the capacity of the
electrical equipment serving the Premises or which interferes with the electrical service to other
tenants of the Building. If Landlord reasonably determines that Tenant’s electrical requirements
necessitate installation of any additional risers, feeders or other electrical distribution
equipment (collectively, “Electrical Equipment”), or if Tenant provides Landlord with evidence
reasonably satisfactory to Landlord of ‘Tenant’s need for excess electricity and requests that
additional Electrical Equipment be installed, Landlord shall, at Tenant’s expense, install such
additional Electrical Equipment, provided that Landlord reasonably determines that (a) such
installation is practicable and necessary, (b) such additional Electrical Equipment is permissible
under applicable Requirements, and (c) the installation of such Electrical Equipment will not cause
permanent damage to the Building or the Premises, cause or create a hazardous condition, entail
excessive or unreasonable alterations, interfere with or limit electrical usage by other tenants or
occupants of the Building or exceed the limits of the switchgear or other facilities serving the
Building, or require power in excess of that available from the utility company serving the
Building.

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     Section 10.3
Elevators. Landlord shall provide passenger elevator service for the Premises 24
hours per day, 7 days per week; provided, however, Landlord may limit passenger elevator service
during non-Business Hours. Landlord shall provide at least one freight elevator service for the
Premises upon Tenant’s prior request, on a non-exclusive “first come, first serve” basis with other
Building tenants, on all Business Days during such reasonable hours and for such reasonable charge
as Landlord establishes from time to time.

     Section 10.4 Heating, Ventilation and Air Conditioning. Landlord shall furnish to the Premises
during Business Hours heating, ventilation and air-conditioning
(“HVAC”) with the base Building HVAC System equipment operating as follows at the portion of the Premises that is improved with
normal open floor plan improvements, normal office density and standard office equipment: summer:
maintain room conditions not in excess of 77 degrees Fahrenheit dry bulb when the coincident
outside air conditions do not exceed 94 degrees Fahrenheit dry bulb and 76 degrees Fahrenheit wet
bulb: and winter: maintain room conditions of not less than 70 degrees Fahrenheit dry bulb when
outside air temperature is not less than 15 degrees Fahrenheit dry bulb. Landlord shall have access
to all air-cooling, fan. ventilating and machine rooms and electrical closets and all other
mechanical installations of Landlord (collectively. “Mechanical Installations”), and Tenant shall
not construct partitions or other obstructions which may interfere with Landlord’s access thereto
or the moving of Landlord’s equipment to and from the Mechanical Installations. No Tenant Party
shall at any time enter the Mechanical Installations or tamper with, adjust, or otherwise affect
such Mechanical Installations. Landlord shall not be responsible if the HVAC System fails to
provide cooled or heated air, as the case may be. to the Premises in accordance with the standards
to which the Base Building Systems have been designed by reason of
(i) any equipment installed by,
for or on behalf of Tenant, which has an electrical load in excess of the average electrical load
and human occupancy factors for the HVAC System as designed, or (ii) any rearrangement of
partitioning or other Alterations made or performed by, for or on behalf of Tenant. Tenant shall
install, if missing, blinds or shades on all
windows, which blinds and shades shall be subject to Landlord’s reasonable approval, and shall
keep operable windows in the Premises closed, and lower the blinds when necessary because of the
sun’s position, whenever the HVAC System is in operation or as and when required by any
Requirement. Tenant shall cooperate with Landlord and shall abide by the rules and regulations
which Landlord may reasonably prescribe for the proper functioning and protection of the HVAC
System.

     Section 10.5 Supplemental Heating, Ventilation and Air Conditioning.

          a. If the Premises or any portion thereof is at any time served by any supplemental heating,
ventilation and air conditioning unit(s) that taps into the base Building HVAC System condenser
water loop (whether one or more, but exclusive of any units that are part of the base Building HVAC
System, the “Supplemental HVAC Units”), (a) Tenant shall pay Landlord within thirty (30) days after
Landlord gives Tenant an invoice therefor, (i) a one-time fee of $1,000 per ton for each
Supplemental HVAC Unit for tapping into the base Building HVAC System condenser water loop: and
(ii) on a monthly basis, a charge of $10.00 per ton for each Supplemental HVAC Unit; (b) Tenant, at
Tenant’s expense, shall install an electric submeter for the Supplemental HVAC Unit(s) concurrently
with Tenant’s installation of such

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Supplemental
HVAC Unit(s); (c) Landlord shall read the submeter (with Tenant providing Landlord
with reasonable access thereto) and Tenant shall pay to Landlord all electricity charges (including
any taxes and other fees associated with such electricity charges) measured on such submeter within
thirty (30) days after receipt of an invoice therefor; (d) Tenant, at Tenant’s expense, shall at
all times maintain a Supplemental HVAC Unit(s) service contract with a firm and upon such terms as
may be reasonably satisfactory to Landlord and (e) Tenant shall provide Landlord with such
documentation and other evidence as Landlord might reasonably request from time to time to
demonstrate Tenant’s proper maintenance of the Supplemental HVAC Unit(s) including, without
limitation. Tenant’s compliance with all of equipment manufacturer’s warranties, rules and
requirements with respect to the Supplemental HVAC Unit(s).

          b. Landlord and Tenant acknowledge that a portion of the Premises is currently served by a
supplemental heating, ventilation and air conditioning unit (the
“Existing Supplemental Unit”),
which Existing Supplemental Unit exhausts heated air (the
“Heated Air”) into the plenum or other
areas of the Building and does not cause such Heated Air to exit the Building. With respect to the
Existing Supplemental Unit, (i) Landlord, at Landlord’s expense, shall install an electric submeter
for the Existing Supplemental Unit; (ii) Landlord shall read the submeter (with Tenant providing
Landlord with reasonable access thereto) and Tenant shall pay to Landlord all electricity charges
(including any taxes and other fees associated with such electricity charges) measured on such
submeter within thirty (30) days after receipt of an invoice therefor; (iii) Tenant, at Tenant’s
expense, shall at all times maintain an Existing Supplemental Unit service contract with a firm and
upon such terms as may be reasonably satisfactory to Landlord; (iv) Tenant shall provide Landlord
with such documentation and other evidence as Landlord might reasonably request from time to time
to demonstrate Tenant’s proper maintenance of the Existing Supplemental Unit including, without
limitation. Tenant’s compliance with all of equipment manufacturer’s warranties, rules and
requirements with respect to the Existing Supplemental Unit; (v) within thirty (30) days after the
Effective Date. Tenant, at Tenant’s expense, shall install a lock on the Existing Supplement Unit
thermostat and shall keep the thermostat locked at all times (except to the extent necessary to
comply with the provisions of clause (vi) hereof); and (vi) Tenant shall keep the thermostat for
the Existing Supplemental Unit at a setting that causes the portion of the Premises intended to be
served by the Existing Supplemental Unit to maintain a temperature that is no lower than 72 degrees
(Fahrenheit). If Landlord reasonably determines that the Heated Air is burdening the Base Building
HVAC System or that the Heated Air is otherwise causing heating or cooling issues at the Building
(whether for Tenant, other tenants or Landlord). Landlord shall have the right to require, upon
forty-five (45) days prior written notice to Tenant, that Tenant, at Tenant’s expense, directly
vent the Heated Air outside of the Building with any such venting work to be designed and performed
in accordance with the provisions of Article 5-Alterations.

     Section 10.6
Overtime HVAC. The Fixed Rent does not include any charge to Tenant for the
furnishing of HVAC to the Premises during non-Business Hours
(“Overtime Periods”), If Tenant desires
HVAC services during Overtime Periods, Tenant shall be able to request such overtime as needed by
accessing the Building Management Control System and automatically requesting Overtime HVAC by zone
and for a specified time period. An access code will be required and Tenant will be charged for all
requests authorized by their specific access code. If

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Landlord furnishes HVAC service during Overtime Periods, Tenant shall pay to Landlord $60.00 per
hour per floor. Landlord shall limit future increases in such hourly rate to the actual increased
costs incurred by Landlord in delivering such service to the Premises.

     Section 10.7 Cleaning. Landlord shall cause the Premises (excluding any portions thereof used
for the storage, preparation, service or consumption of food or beverages (except for pantries,
which Landlord shall clean in accordance with the applicable provisions of Exhibit D-Cleaning
Specifications): as an exhibition area or classroom; for storage; as a shipping room, mail room or
for similar purposes: for private bathrooms, showers or exercise facilities; as a trading floor:
primarily for operation of computer, data processing, reproduction, duplicating or similar
equipment; and portions of the Premises that include any improvements or property that require
non-standard office cleaning supplies, materials, procedures, labor or service, such as paintings
and other works of art) to be cleaned, substantially in accordance with the standards set forth in
Exhibit D-Cleaning Specifications. Landlord reserves the right to modify such standards from
time-to-time provided that Landlord’s cleaning standards shall be reasonably consistent with those
provided in Comparable Buildings. Any areas of the Premises which Landlord is not required to clean
hereunder or which require additional cleaning shall be cleaned, at Tenant’s expense, by Landlord’s
cleaning contractor for such additional charge as Landlord’s cleaning contractor might require from
time to time. Landlord’s cleaning contractor and its employees shall have access to the Premises at
all times except between 8:00 a.m. and 5:30 p.m. on weekdays which are not Holidays.

     Section 10.8 Water. Landlord shall provide water in the core lavatories, drinking fountains
and janitor’s closets on each floor of the Building. If Tenant requires water in excess of that
used by a normal office building tenant of similar size using its premises for normal office use,
Tenant shall pay for the cost of bringing water to the Premises and Landlord may install a meter to
measure the water. Tenant shall pay the cost of such installation, and for all maintenance, repairs
and replacements thereto, and for the reasonable charges of Landlord for the water consumed.

     Section 10.9 Refuse Removal. Landlord shall provide refuse removal services at the Building
for ordinary office refuse and rubbish. Tenant shall pay to Landlord, Landlord’s reasonable charge
for such removal to the extent that the refuse generated by Tenant exceeds the refuse customarily
generated by general office tenants. Tenant shall not dispose of any refuse in the Common Areas,
and if Tenant does so, Tenant shall be liable for Landlord’s reasonable charge for such removal.
Tenant shall, at Tenant’s expense, comply with all present and future Requirements regarding the
collection, sorting, separation, and recycling of trash. Each separately sorted category of trash
shall be placed in separate receptacles as directed by Landlord.

     Section 10.10 Directory and Suite Entry Signage. Landlord shall list Tenant on at least one of
the Building directories located in the first (1st) floor lobbies of the Building. The
Building directory listing Tenant’s name will be shared with other Building tenants and space on
the directory shall be equitably apportioned amongst the tenants, with Tenant being entitled to
Tenant’s Proportionate Share of such signage. Landlord shall, at Landlord’s expense, install
Building standard suite entry signage at the principal suite entry location at the Premises.

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     Section 10.11 Tenant Access to Premises. Tenant shall have access to the
Premises 24 hours a day, 7 days a week. Outside of Business Hours. Building and floor access will
be monitored by an electronic card or key security and access system or any such successor system
installed and maintained by Landlord. Tenant shall be responsible for access control to
the Premises at Tenant’s expense. Landlord, at Landlord’s expense, shall provide Tenant with one
(1) electronic Building access card per 250 rentable square feet at the Premises. At the request of
Tenant, Landlord shall provide additional access cards at Tenant’s expense, which is currently
equal to $25 per card.

     Section 10.12 Telecommunications. If Tenant requests Landlord’s approval for granting Building
access for a telecommunications service provider designated by Tenant for purposes of providing
telecommunications services to the Premises, Landlord shall not unreasonably withhold, condition or
delay such approval. If Landlord approves such service provider, Landlord shall also provide free
and reasonable access to Tenant’s Proportionate Share of all Building risers, conduits and shafts
as reasonably necessary for Tenant’s telecommunications service provider to connect such service to
the Premises.

     Section 10.13 Service Interruptions. Landlord reserves the right to suspend any service when
necessary, by reason of Unavoidable Delays, accidents or emergencies, or for Restorative Work
which, in Landlord’s reasonable judgment, are necessary or appropriate until such Unavoidable
Delay, accident or emergency shall cease or such Restorative Work is completed and Landlord shall
not be liable for any interruption, curtailment or failure to supply services, except as otherwise
set forth herein. Landlord shall use reasonable efforts to minimize interference with Tenant’s use
and occupancy of or access to the Premises as a result of any such interruption, curtailment or
failure or defect in any such service, or change in the supply, character and/or quantity of,
electrical service, and to restore any such services, remedy such situation and minimize any
interference with Tenant’s business. The exercise of any such right or the occurrence of any such
failure by Landlord shall not constitute an actual or constructive eviction, in whole or in part,
entitle Tenant to any compensation, abatement or diminution of Rent, relieve Tenant from any of its
obligations under this Lease, or impose any liability upon Landlord or any Indemnified Party by
reason of inconvenience to Tenant, or interruption of Tenant’s business, or otherwise: provided,
however, if any failure or stoppage of Landlord’s services under this Lease (i) renders the
Premises or any portion thereof untenantable for the normal conduct of Tenant’s business at the
Premises and Tenant has ceased using the Premises or the affected portion thereof: (ii) was not
caused by Tenant, its employees, invitees or agents; and (iii) extends for a period longer than
five (5) consecutive Business Days, Tenant’s obligation to pay Fixed Rent, Tenant’s Tax Payment and
Tenant’s Operating Payment for the affected portion of the Premises shall be abated beginning on
the sixth (6th) consecutive Business Day alter the aforementioned conditions are met and
shall continue with respect to the Premises or the affected portion thereof (as applicable) until
the conditions described in clause (i) no longer exist. If any abatement permitted hereunder occurs
during any free rent period, Tenant shall receive an additional rent credit against the next
month’s Fixed Rent and other Additional Rent actually due and payable for the amount of rent which
would otherwise have been abated under this Section 10.13 had the free rent period not been
applicable. Other than as set forth above, Landlord shall not be liable in any way to Tenant for
any failure, defect or interruption of, or change in the

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supply, character and/or quantity of
electrical service furnished to the Premises for any reason except if attributable to the gross
negligence or willful misconduct of Landlord. In the event of a casualty or a Taking, the
applicable provisions of this Lease shall prevail over the rent abatement provisions of this
Section.

     Section 10.14 Service Additions and Omissions. Except with respect to the services that
Landlord otherwise expressly agrees to provide under this Lease, Landlord shall have the right to
add, modify and/or curtail any Building services as Landlord determines appropriate from time to
time in Landlord’s sole discretion: provided that the same does not materially affect Tenant’s
ability to use the Premises for the purposes set forth herein. All of the services to be provided
to Tenant pursuant to this Article are only to be provided from and after the date Tenant takes
occupancy of the Premises for the conduct of its business. Any services to be provided by Landlord
to Tenant prior to such occupancy shall be governed by the Work Agreement.

     Section 10.15 Level of Service. Landlord shall manage or cause the Building to be managed in a
manner substantially consistent with the manner in which Comparable Buildings are managed.

     Section 10.16 Fitness Center. Landlord shall provide a fitness or health center at the
Complex, which center shall be available to Tenant and its employees free of direct charge (other
than through Operating Expense pass-through payments). The foregoing notwithstanding. Landlord’s
obligation to provide the fitness or health center at the Project and Tenant’s right o use the
center shall be subject to (i) closings during emergencies and repairs, (ii) compliance with any
applicable Requirements and (iii) such rules and regulations as Landlord might reasonably require
(including Landlord’s requirement that each center user execute a liability waiver reasonably
satisfactory to Landlord).

ARTICLE 11

INSURANCE; PROPERTY LOSS OR DAMAGE

     Section 11.1 Tenant’s Insurance.

          (a) Tenant, at Tenant’s expense, shall obtain and keep in full force and effect during
the Term:

               (i) a policy of commercial general liability insurance on an occurrence basis (utilizing then
current ISO forms or equivalent) against claims for contractual liability, personal injury, bodily
injury, death and/or property damage occurring in or about the Building, under which Tenant is
named as the insured and Landlord, Landlord’s Agent and any Lessors and any Mortgagees whose names
have been furnished to Tenant are named as additional insureds (the
“Insured Parties”). Such
insurance shall provide primary coverage without contribution from any other insurance carried by
or for the benefit of the Insured Parties, but only to the extent of liabilities falling within
Tenant’s obligations pursuant to this Lease. The minimum limits of liability provided in any
combination by a commercial general liability policy and excess liability or umbrella policy
applying exclusively to the Premises shall be a combined single limit with respect to each
occurrence and in the aggregate in an amount of not less than $5,000,000;

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provided, however, that Landlord shall retain the right to require Tenant to increase such coverage
from time to time to that amount of insurance which in Landlord’s reasonable judgment is then being
customarily required by landlords for similar office space in Comparable Buildings. The deductible
or self-insured retention for such policy shall not exceed $10,000;

               (ii) insurance against loss or damage by fire, and such other risks and hazards as are
insurable under then available standard forms of “Special Form Causes of Loss” or “All Risk”
property insurance policies, insuring Tenant’s Property and all Alterations and improvements to the
Premises (including the initial Tenant Improvements) to the extent such Alterations and
improvements exceed the cost of the improvements typically performed in connection with the initial
occupancy of tenants in the Building (“Building Standard Installations”), for the full insurable
value thereof or replacement cost thereof, having a deductible amount, if any. not in excess of
$25,000;

               (iii) prior to and during the performance of any Alterations (other than Decorative
Alterations), until completion thereof, Builder’s Risk insurance on an “all risk” basis and on a
completed value form (including a Permission to Complete and Occupy endorsement), for full
replacement value covering the interest of Landlord and Tenant (and their respective contractors
and subcontractors) in all work incorporated in the Building and all materials and equipment in or
about the Premises, Workers’ Compensation and Employer’s Liability Insurance (covering all persons
to be employed by Tenant, and Tenant’s contractors and subcontractors in connection with such
Alterations) and commercial general liability (including property damage coverage) insurance, all
in such form, for such periods, in such amounts and with such
companies as Landlord may reasonably require, naming Landlord, Landlord’s Agent and any
Mortgagee (of which Tenant has been given notice) as additional insureds to all policies except the
Workers” Compensation and Employer’s Liability Insurance policy;

               (iv) Workers’ Compensation Insurance, as required by law and Employers Liability Insurance in
the amount of not less than $500,000;

               (v) Business Interruption/Rental Insurance; and

               (vi) such other insurance in such amounts as the Insured Parties may reasonably require from
time to time but only if such other insurance is then being customarily required by landlords for
similar space in Comparable Buildings.

          (b) All insurance required to be carried by Tenant (i) shall contain a provision that (x) no
act or omission of Tenant shall affect or limit the obligation of the insurance company to pay the
amount of any loss sustained, and (y) shall be noncancellable and/or no material change in coverage
shall be made thereto unless the insurance carriers endeavor to provide the Insured Parties with
thirty (30) days’ prior notice of the same, and (ii) shall be effected under valid and enforceable
policies issued by reputable insurers permitted to do business in the State and rated in Best’s Key
Rating Guide, or any successor thereto as having a “Best’s Rating” of “A-” or better and a
“Financial Size Category” of at least “X” or better or, if such ratings are not then in effect, the
equivalent thereof or such other financial rating as Landlord may at any time reasonably consider
appropriate.

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          (c) On
or prior to the Commencement Date, Tenant shall deliver to Landlord appropriate
certificates of insurance, including evidence of waivers of subrogation required to be carried
pursuant to this Article and that the Insured Parties are named as additional insureds (the
“Policies”). Replacement certificates of insurance evidencing each renewal or replacement of the
policies maintained by Tenant pursuant to this Article shall be delivered by Tenant to Landlord
within ten (10) days after to the expiration of the Policies. In lieu of the Policies. Tenant may
deliver to Landlord a certification from Tenant’s insurance company (on the form currently
designated “Acord 27” (Evidence of Property Insurance) and “Acord 25-S” (Certificate of Liability
Insurance), or the equivalent, provided that attached thereto is an endorsement to Tenant’s
commercial general liability policy naming the Insured Parties as additional insureds) which shall
be binding on Tenant’s insurance company, and which shall expressly provide that such certification
(i) conveys to the Insured Parties all the rights and privileges afforded under the Policies as
primary insurance, and (ii) contains an unconditional obligation of the insurance company to advise
all Insured Parties in writing by certified mail, return receipt requested, at least thirty (30)
days in advance of any termination or change to the Policies that would affect the interest of any
of the Insured Parties.

     Section 11.2 Waiver of Subrogation.

          (a) Landlord and Tenant shall each procure an appropriate clause in or endorsement to any
property insurance covering the Real Property and personal property, fixtures and equipment located
therein, wherein the insurer waives subrogation or consents to a waiver of right of recovery.

          (b) Landlord and Tenant agree not to make any claim against, or seek to recover from, the
other for any loss or damage to its property or the property of others resulting from fire or other
hazards to the extent covered (or would have been covered if the party had obtained and maintained
the insurance it was required to carry under this Lease) by the property insurance that was
required to be carried by that party under the terms of this Lease.

          (c) Tenant
acknowledges that Landlord shall not carry insurance on, and, except as otherwise
expressly set forth in this Lease, shall not be responsible for, (i) damage to
any Above Building Standard Installations, (ii) Tenant’s Property, and (iii) any loss suffered
by tenant due to interruption of Tenant’s business.

     Section 11.3 Restoration.

     (a) If the Premises are damaged by fire or other casualty, or if the Building is damaged such
that Tenant is deprived of reasonable access to the Premises, the damage shall be repaired by
Landlord, to substantially the condition of the Premises prior to the damage, subject to the
provisions of any Mortgage or Superior Lease and only to the extent that such repairs can
reasonably be made from the net proceeds of any insurance actually received by Landlord, but
Landlord shall have no obligation to repair or restore (i) Tenant’s Property or (ii) except as
provided in Section 11.3(b), any Alterations or improvements to the Premises, to the extent such
Alterations or improvements exceed Building Standard Installations (“Above Building Standard
Installations”). So long as Tenant is not in default beyond applicable grace or notice

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provisions in the payment or performance of its obligations under this Section, and provided Tenant
timely delivers to Landlord either Tenant’s Restoration Payment (as hereinafter defined) or the
Restoration Security (as hereinafter defined) or Tenant expressly waives any obligation of Landlord
to repair or restore any of Tenant’s Above Building Standard Installations, then until the
restoration of the Premises is Substantially Completed or would have been Substantially Completed
but for Tenant Delay, Fixed Rent, Tenant’s Tax Payment and Tenant’s Operating Payment shall be
reduced in the proportion by which the area of the part of the Premises which is not usable (or
accessible) and is not used by Tenant bears to the total area of the Premises.

          (b) As a condition precedent to Landlord’s obligations to repair or restore any Above Building
Standard Installations. Tenant shall (i) pay to Landlord upon
demand a sum (“Tenant’s Restoration
Payment”) equal to the amount, if any, by which (A) the cost, as reasonably estimated by a
reputable independent contractor designated by Landlord, of repairing and restoring all Alterations
and Tenant Improvements in the Premises to their condition prior to the damage, exceeds (B) the
cost of restoring the Premises with Building Standard Installations, or (ii) furnish to Landlord
security (the “Restoration Security”) in form and amount reasonably acceptable to Landlord to
secure Tenant’s obligation to pay all costs in excess of restoring the Premises with Building
Standard Installations. If Tenant fails to deliver to Landlord either (1) Tenant’s Restoration
Payment or the Restoration Security, as applicable, or (2) a waiver by Tenant, in form reasonably
satisfactory to Landlord, of all of Landlord’s obligations to repair or restore any of the Above
Building Standard Installations, in either case within five (5) days alter Landlord’s demand
therefor, Landlord shall have no obligation to restore any Above Building Standard Installations
and Tenant’s abatement of Fixed Rent, Tenant’s Tax Payment and Tenant’s Operating Payment shall
cease when the restoration of the Premises (other than any Above Building Standard Installations)
is Substantially Complete.

     Section 11.4 Landlord’s Termination Right. Notwithstanding anything to the contrary contained
in Section 11.3. if the Premises are totally damaged, or if the Building shall be so damaged that,
in Landlord’s reasonable opinion, substantial alteration, demolition, or reconstruction of the
Building shall be required (whether or not the Premises are so damaged or rendered untenantable),
then in either of such events, Landlord may, not later than sixty (60) days following the date of
the damage, terminate this Lease by notice to Tenant, provided that if the Premises are not
materially damaged, Landlord may not terminate this Lease unless Landlord similarly terminates the
leases of other tenants aggregating at least fifty percent (50%) of the portion of the Building
occupied for office purposes immediately prior to such damage. If this Lease is so terminated, (a)
the Term shall expire upon the thirtieth (30th) day after such notice is given, (b)
Tenant shall vacate the Premises and surrender the same to Landlord, (c) Tenant’s liability for
Rent shall cease as of the date of the damage, and (d) any prepaid Rent for any period after the
date of the damage shall be promptly refunded by Landlord to Tenant.

     Section 11.5 Tenant’s Termination Right. If the Premises are totally damaged or are rendered
wholly untenantable (as defined in Section 11.6 below), or if the Building shall be so
damaged that Tenant is deprived of reasonable access to the Premises, and if Landlord elects
to restore the Premises, Landlord shall, within forty-five (45) days following the date of the
damage, cause a contractor or architect selected by Landlord to give notice (the “Restoration

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Notice”) to Tenant of the date by which such contractor or architect reasonably estimates the
restoration of the Premises shall be Substantially Completed. If such date, as set forth in the
Restoration Notice, is more than three hundred sixty five (365) days from the date of such damage,
then Tenant shall have the right to terminate this Lease by giving notice (the “Termination
Notice”) to Landlord not later than thirty (30) days following delivery of the Restoration Notice
to Tenant. If Tenant delivers a Termination Notice, this Lease shall be deemed to have terminated
as of the date of the giving of the Termination Notice, in the manner set forth in the second
sentence of Section 11.4. Furthermore, if (i) this Lease is not terminated by either Landlord and
Tenant pursuant to the provisions of this Article 11, (ii) Landlord’s restoration of the Premises
is not Substantially Completed within the time period set forth in the Restoration Notice, and
(iii) such non-completion of Landlord’s restoration of the Premises is not directly or indirectly
caused by any (x) Tenant Delays, (y) Unavoidable Delays or (z) delays which may arise by reason of
adjustment of fire insurance on the part of Landlord or Tenant, then Tenant shall be entitled to
terminate this Lease upon thirty (30) days notice to Landlord, provided however that if Landlord
Substantially Completes the restoration within such thirty (30) days, the Tenant’s notice shall be
rendered null and this Lease shall continue in full force and effect thereafter.

     Section 11.6 Final 18 Months. Notwithstanding anything to the contrary in this Article, if any
damage during the final eighteen (18) months of the Term renders the Premises wholly untenantable,
either Landlord or Tenant may terminate this Lease by notice to the other party within thirty (30)
days after the occurrence of such damage and this Lease shall expire on the thirtieth
(30th) day after the date of such notice; provided, however, that if (i) Tenant would
otherwise be entitled to exercise its options under Article 28 to extend the Term, (ii) Tenant does
in fact exercise its option under Article 28 to extend the Term, and (iii) with Tenant’s exercise
of such option the remainder of the Term plus the Extended Term exceeds eighteen (18) months, then
Landlord shall not be entitled to terminate this Lease pursuant to the provisions of this Section
11.6. For purposes of this Article, the Premises shall be deemed wholly untenantable if Tenant
shall be precluded from using more than fifty percent (50%) of the Premises for the conduct of its
business and Tenant’s inability to so use the Premises is reasonably expected to continue for more
than ninety (90) days.

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     Section 11.7 Landlord’s Liability.

          (a) None of the Insured Parties shall be liable for any injury or damage to persons or
property or interruption of Tenant’s business resulting from fire or other casualty, any damage
caused by other tenants or persons in the Building or Parking Facility or by construction of any
private, public or quasi-public work, or any latent defect in the Premises or in the Building or
Parking Facility (except that Landlord shall be required to repair the same to the extent provided
in Article 6). No penalty (monetary or otherwise) shall accrue to Landlord in favor of Tenant for
(i) any delays which may arise by reason of adjustment of fire insurance on the part of Landlord or
Tenant, (ii) any Tenant Delays or (iii) any Unavoidable Delays arising from any repair or
restoration of any portion of the Building, provided that Landlord shall use reasonable efforts to
minimize interference with Tenant’s use and occupancy of the Premises during the performance of any
such repair or restoration.

          (b) Any Building employee to whom any property shall be entrusted by or on behalf of Tenant
shall be deemed to be acting as Tenant’s agent with respect to such property and neither Landlord
nor its agents shall be liable for any damage to such property, or for the loss of or damage to any
property of Tenant by theft or otherwise.

ARTICLE 12

EMINENT DOMAIN

     Section 12.1 Taking.

          (a) Total Taking. If all or substantially all of the Real Property, the Building or the
Premises shall be acquired or condemned for any public or
quasi-public purpose (a “Taking”), this
Lease shall terminate and the Term shall end as of the date of the vesting of title and Rent shall
be prorated and adjusted as of such date.

          (b) Partial Taking. Upon a Taking of only a part of the Real Property, the Building or the
Premises then, except as hereinafter provided in this Article, this Lease shall continue in full
force and effect, provided that from and after the date of the
vesting of title, Fixed Rent and
Tenant’s Proportionate Share shall be modified to reflect the reduction of the Premises and/or the
Building as a result of such Taking.

          (c) Landlord’s Termination Right. Whether or not the Premises are affected, Landlord may, by
notice to Tenant, within sixty (60) days following the date upon which Landlord receives notice of
the Taking of all or a portion of the Real Properly, the Building or the Premises, terminate this
Lease, provided that Landlord elects to terminate leases (including this Lease) affecting at least
fifty percent (50%) of the portion of the Building occupied for office purposes immediately prior
to such taking.

          (d) Tenant’s Termination Right. If the part of the Real Property so Taken contains more than
twenty percent (20%) of the total area of the Premises occupied by Tenant immediately prior to such
Taking, or if, by reason of such Taking, Tenant no longer has reasonable means of access to the
Premises or can no longer conduct its business in more than

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twenty percent (20%) of the Premises,
Tenant may terminate this Lease by notice to Landlord given within thirty (30) days following the
date upon which Tenant is given notice of such Taking. If Tenant so notifies Landlord, this Lease
shall end and expire upon the thirtieth (30th) day following the giving of such notice.
If a part of the Premises shall be so Taken and this Lease is not terminated in accordance with
this Section, Landlord, without being required to spend more than it collects as an award, shall,
subject to the provisions of any Mortgage or Superior Lease, restore that part of the Premises not
so Taken to a self-contained rental unit substantially equivalent (with respect to character,
quality, appearance and services) to that which existed immediately prior to such Taking, excluding
Tenant’s Property and Above Building Standard Installations.

          (e) Apportionment of Rent. Upon any termination of this Lease pursuant to the provisions of
this Article, Rent shall be apportioned as of,  and shall be paid or refunded up to and including,
the date of such termination.

     Section 12.2
Awards. Upon any Taking, Landlord shall receive the entire award for any such
Taking, and Tenant shall have no claim against Landlord or the condemning authority for the value
of any unexpired portion of the Term or Tenant’s Alterations; and Tenant hereby assigns to Landlord
all of its right in and to any amounts so awarded. Nothing contained in this Article shall be deemed
to prevent Tenant from making a separate claim in any condemnation proceedings for the then value
of any Tenant’s Property or Above Building Standard Installations included in such Taking and for
any moving and relocation expenses and for any interference with Tenant’s business.

     Section 12.3
Temporary Taking. If all or any part of the Premises is Taken temporarily during
the Term for any public or quasi-public use or purpose, Tenant shall give prompt notice to Landlord
and the Term shall not be reduced or affected in any way and Tenant shall continue to pay all Rent
payable by Tenant without reduction or abatement and to perform all of its other obligations under
this Lease, except to the extent prevented from doing so by the condemning authority.
Notwithstanding the foregoing or anything else to the contrary in this Lease, if a temporary Taking
of all or a material portion of the Premises continues for a period
of one year, Tenant shall be
entitled to terminate this Lease upon thirty (30) days notice to Landlord and upon
such notice, this Lease shall end and expire upon the thirtieth (30th) day
following the giving of such notice unless the temporary Taking ceases within such thirty (30)
days.

ARTICLE 13

ASSIGNMENT AND SUBLETTING

     Section 13.1 Consent Requirements.

          (a) Except
as expressly set forth herein, Tenant shall not assign, mortgage, pledge, encumber,
or otherwise transfer this Lease, whether by operation of law or otherwise, and shall not sublet,
or permit, or suffer the Premises or any part thereof to be used or occupied by others (whether for
desk space, mailing privileges or otherwise), without Landlord’s prior consent in each instance,
which consent shall not be unreasonably withheld, conditioned or

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delayed as provided in Section
13.3. Any assignment, sublease, mortgage, pledge, encumbrance or transfer in contravention of the
provisions of this Article shall be void and shall constitute an Event of Default.

          (b) If, without Landlord’s consent, this Lease is assigned, or any part of the Premises is
sublet or occupied by anyone other than Tenant or this Lease is encumbered (by operation of law or
otherwise). Landlord may collect rent from the assignee, subtenant or occupant, and apply the net
amount collected to the Rent herein reserved. No such collection shall be deemed a waiver of the
provisions of this Article, an acceptance of the assignee, subtenant or occupant as tenant, or a
release of Tenant from the performance of Tenant’s covenants hereunder, and in all cases Tenant
shall remain fully liable for its obligations under this Lease.

          (c) Landlord’s consent to any assignment or subletting shall not relieve Tenant from the
obligation to obtain Landlord’s consent to any further assignment or subletting. In no event shall
any permitted subtenant assign or encumber its sublease or further sublet any portion of its sublet
space, or otherwise suffer or permit any portion of the sublet space to be used or occupied by
others without Landlord’s prior consent.

     Section 13.2 Tenant’s Notice. If Tenant desires to assign this Lease or sublet all or any
portion of the Premises and Landlord’s consent thereto is required under this Lease. Tenant shall
give notice thereof to Landlord, which shall be accompanied by (a) with respect to an assignment of
this Lease, the date Tenant desires the assignment to be effective, and (b) with respect to a
sublet of all or a part of the Premises, a description of the portion of the Premises to be sublet
and the commencement date of such sublease. Such notice shall be deemed an irrevocable ten (10) day
offer from Tenant to Landlord of the right, at Landlord’s option, (1) if the proposed transaction
is an assignment of this Lease to a non-Related Entity, to terminate this Lease with respect to the
entire Premises, (2) if the proposed transaction is a sublease of twenty-five percent (25%) or more
of the rentable square footage of the Premises (inclusive of any then subleased space at the
Premises and any proposed sublease space) to a non-Related Entity or the term of which (including
any extension options provided for under the sublease) would expire during the last twelve (12)
months of the Term of this Lease (without regard to any then unexercised extension options under
this Lease, but considering all extension options granted under the proposed sublease), to
terminate this Lease with respect to the space that Tenant proposes to sublease (the “Partial
Space”). Such option may be exercised by notice from Landlord to Tenant within ten (10) days after
delivery of Tenant’s notice. If Landlord exercises its option to terminate all or a portion of this
Lease pursuant to the foregoing, (a) this Lease shall end and expire with respect to all or a
portion of the Premises, as the case may be, on the date that such assignment or sublease was to
commence, provided that such date is in no event earlier than thirty (30) days after the date
Landlord receives the above notice unless Landlord agrees to such earlier date, (b) Rent shall be
apportioned, paid or refunded as of such date, (c) Tenant, upon Landlord’s request, shall enter
into an amendment of this Lease ratifying and confirming such total or partial termination, and
setting forth any appropriate modifications to the terms and
provisions hereof, and (d) Landlord shall be free to lease the Premises (or any part thereof)
to Tenant’s prospective assignee or subtenant.

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     Section 13.3 Conditions to Assignment/Subletting.

          (a) If Landlord does not exercise its termination option under Section 13.2 or if Landlord
otherwise does not have a termination option, then provided that no Event of Default then exists
beyond any applicable notice and cure periods, Landlord’s consent to the proposed assignment or
subletting shall not be unreasonably withheld, conditioned or delayed. Such consent shall be
granted or denied within ten (10) days after delivery to Landlord of (i) a true and complete
statement reasonably detailing the identity of the proposed assignee or subtenant (“Transferee”),
the nature of its business and its proposed use of the Premises, (ii) current financial information
with respect to the Transferee, including its most recent financial statements, and (iii) any other
information Landlord may reasonably request, provided that:

               (i) in Landlord’s reasonable judgment, the Transferee is engaged in a
business or activity, and the Premises will be used in a manner, which does not violate any
restrictions set forth in this Lease, any Mortgage or Superior Lease or any negative covenant
as to use of the Premises required by any other lease in the Building;

               (ii) the Transferee has sufficient financial means to perform all of its
obligations under this Lease or the sublease, as the case may be;

               (iii)[intentionally omitted];

               (iv) [intentionally omitted];

               (v) there shall be not more than four (4) subtenants on each floor of the
Premises;

               (vi) [intentionally omitted];

               (vii) with respect to any assignment or subletting for which Landlord’s
consent is required under this Lease, Tenant shall, upon demand, reimburse Landlord for all
reasonable expenses incurred by Landlord in connection with such proposed assignment or
sublease, including any investigations as to the acceptability of the Transferee and all legal
costs
reasonably incurred in connection with the granting of any requested consent (which amount,
with respect to legal costs, shall not exceed $1,000 per request through December 31,2010 so
long as the applicable assignment or subletting does not require any extraordinary legal
review or
work to be done by Landlord’s attorneys); and

               (viii) the Transferee shall not be entitled, directly or indirectly, to
diplomatic or sovereign immunity, regardless of whether the Transferee agrees to waive such
diplomatic or sovereign immunity, and shall be subject to the service of process in, and the
jurisdiction of the courts of, the State.

          (b) with respect to each and every subletting and/or assignment approved by Landlord under
the provisions of this Lease:

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               (i) the form of the proposed assignment or sublease shall be
reasonably satisfactory to Landlord;

               (ii) no sublease shall be for a term ending later than one day prior to
the Expiration Date;

               (iii) no Transferee shall take possession of any part of the Premises,
until an executed counterpart of such sublease or assignment has been delivered to Landlord
and approved by Landlord as provided in Section 13.3; and

               (iv)each sublease shall be subject and subordinate to this Lease and to
the matters to which this Lease is or shall be subordinate; and Tenant and each Transferee
shall
be deemed to have agreed that upon the occurrence and during the continuation of an Event of
Default hereunder, Tenant has hereby assigned to Landlord, and Landlord may, at its option,
accept such assignment of, all right, title and interest of Tenant as sublandlord under such
sublease, together with all modifications, extensions and renewals thereof then in effect and
such Transferee shall, at Landlord’s option, attorn to Landlord pursuant to the then executory
provisions of such sublease, except that Landlord shall not be (A) liable for any previous act
or omission of Tenant under such sublease, (B) subject to any counterclaim, offset or defense not
expressly provided in such sublease, which theretofore accrued to such Transferee against
Tenant, (C) bound by any previous modification of such sublease not consented to by Landlord
or by any prepayment of more than one month’s rent, (D) bound to return such Transferee’s
security deposit, if any, except to the extent Landlord shall receive actual possession of
such deposit and such Transferee shall be entitled to the return of all or any portion of such
deposit
under the terms of its sublease, or (E) obligated to make any payment to or on behalf of such
Transferee, or to perform any work in the subleased space or the Building, or in any way to
prepare the sublet space for occupancy, beyond Landlord’s obligations under this Lease. The
provisions of this Section shall be self-operative, and no further instrument shall be
required to
give effect to this provision, provided that the Transferee shall execute and deliver to
Landlord
any instruments Landlord may reasonably request to evidence and confirm such subordination
and attornment.

     Section 13.4
Binding on Tenant; Indemnification of Landlord. Notwithstanding any assignment or
subletting or any acceptance of rent by Landlord from any Transferee, Tenant shall remain fully
liable for the payment of all Rent due and for the performance of all the covenants, terms and
conditions contained in this Lease on Tenant’s part to be observed and performed, and any default
under any term, covenant or condition of this Lease by any Transferee or anyone claiming under or
through any Transferee shall be deemed to be a default under this Lease by Tenant. Tenant shall
indemnify, defend, protect and hold harmless Landlord from and against any and all Losses resulting
from any claims that may be made against Landlord by the Transferee or anyone claiming under or
through any Transferee or by any brokers or other persons claiming a commission or similar
compensation in connection with the proposed assignment or sublease, irrespective of whether
Landlord shall give or decline to give its consent to any proposed assignment or sublease, or if
Landlord shall exercise any of its options under this Article.

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     Section 13.5 Tenant’s Failure to Complete. If Landlord consents to a proposed assignment or
sublease and Tenant fails to execute and deliver to Landlord such assignment or sublease within
ninety (90) days after the giving of such consent or the amount of space subject to such sublease
varies by more than ten percent (10%) from that specified in the notice given by Tenant to Landlord
pursuant to Section 13.2, then Tenant shall again comply with all of the provisions and conditions
of Sections 13.2, 13.3 and 13.4 before assigning this Lease or subletting all or part of the
Premises.

     Section 13.6 Profits. If Tenant enters into any assignment or sublease permitted hereunder or
consented to by Landlord. Tenant shall, within sixty (60) days of Landlord’s consent to such
assignment or sublease, deliver to Landlord a list of Tenant’s reasonable third-party expenses
incurred in connection with such transaction including, without limitation, brokerage fees and
legal fees paid in connection with such transaction, marketing costs, cash inducements,
construction costs, construction and moving allowances, rent abatement and any lease assumption
costs (collectively, “Transaction Costs”), together with a list of all of Tenant’s Property to be
transferred to such Transferee. Tenant shall deliver to Landlord evidence of the payment of such
Transaction Costs promptly after the same are paid. In consideration of such assignment or
subletting, Tenant shall pay to Landlord:

          (a) In the case of an assignment, on the effective date of the assignment, fifty percent (50%)
of all sums and other consideration paid to Tenant by the Transferee for or by reason of such
assignment (including sums paid for the sale or rental of Tenant’s Property, less, the then fair
market or rental value thereof, as reasonably determined by Landlord) after first deducting the
Transaction Costs: or

          (b) in the case of a sublease, fifty percent (50%) of any consideration paid under the
sublease to Tenant by the Transferee which exceeds on a per square foot basis the Fixed Rent and
Additional Rent accruing during the term of the sublease in respect of the subleased space
(together with any sums paid for the sale or rental of Tenant’s Property, less, the then fair market or
rental value thereof, as reasonably determined by Landlord) after first deducting the Transaction
Costs. The sums payable under this clause shall be paid by Tenant to Landlord monthly as and when
paid by the subtenant to Tenant.

The foregoing notwithstanding, this Section shall not apply with respect to any transfer to a
Related Entity in accordance with the terms and provisions of Section 13.7.

     Section 13.7 Transfers.

          (a) The provisions of Sections 13.1 through 13.6 shall not apply to transactions with a
business entity into or with which Tenant is merged or consolidated or to which all or
substantially all of Tenant’s assets are transferred so long as (i) such transfer was made for a
legitimate independent business purpose and not for the purpose of transferring this Lease, (ii)
the successor to Tenant has a net worth as computed in accordance with generally accepted
accounting principles that is sufficient to permit Landlord, using its reasonable judgment and
taking into account Tenant’s continued liability following such a transfer if applicable, to
conclude that the successor would be able to fulfill the obligations of the tenant under this
Lease,

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and (iii) Tenant delivers to Landlord proof (satisfactory to Landlord) of such net worth at
least ten (10) days prior to the effective date of any such transaction. Tenant may also, upon
prior notice to Landlord, permit any business entity which controls, is controlled by, or is under
common control with the original Tenant (a “Related Entity”) to sublet all or part of the Premises
for any Permitted Uses for so long as such entity remains a Related Entity. Such sublease shall not
be deemed to vest in any such Related Entity any right or interest in this Lease nor shall it
relieve, release, impair or discharge any of Tenant’s obligations hereunder. For the purposes
hereof, “control” shall be deemed to mean ownership of not less than fifty percent (50%) of all of
the Ownership Interests of such corporation or other business entity. Notwithstanding the
foregoing, Tenant shall have no right to assign this Lease or sublease all or any portion of the
Premises without Landlord’s consent pursuant to this Section if Tenant is not the initial Tenant
herein named or a person or entity who acquired Tenant’s interest in this Lease in a transaction
approved by Landlord.

          (b) The limitations set forth in this Section shall apply to Transferee(s) and any transfer by
any such entity in violation of this Section shall be a transfer in violation of Section 13.1.

          (c) Any modification, amendment or extension of a sublease and/or any other agreement by which
a landlord (or any affiliate thereof) of a building other than the Building agrees to assume the
obligations of Tenant under this Lease shall be deemed a sublease for the purposes of Section 13.1
hereof.

     Section 13.8 Assumption of Obligations. No assignment or transfer shall be effective unless
and until the Transferee executes, acknowledges and delivers to Landlord an agreement in form and
substance reasonably satisfactory to Landlord whereby the assignee (a) assumes Tenant’s obligations
under this Lease arising from and after the effective date of the assignment and (b) agrees that,
notwithstanding such assignment or transfer, the provisions of Section 13.1 hereof shall be binding
upon it in respect of all future assignments and transfers.

     Section 13.9 Tenant’s Liability.  The joint and several liability of Tenant and any
successors-in-interest of Tenant and the due performance of
Tenant’s obligations under this Lease shall not be discharged, released or impaired by any agreement or stipulation made by Landlord, or
any grantee or assignee of Landlord, extending the time, or modifying any of the terms and
provisions of this Lease, or by any waiver or failure of Landlord, or any grantee or assignee of
Landlord, to enforce any of the terms and provisions of this Lease.

     Section 13.10 Listings in Building Directory. The listing of any name other than that of
Tenant on the doors of the Premises, the Building directory or elsewhere shall not vest any right
or interest in this Lease or in the Premises, nor be deemed to constitute Landlord’s consent to any
assignment or transfer of this Lease or to any sublease of the Premises or to the use or occupancy
thereof by others.

     Section 13.11 Lease Disaffirmance or Rejection. If at any time after an assignment by Tenant
named herein, this Lease is not affirmed or is rejected in any bankruptcy proceeding or

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any similar
proceeding, or upon a termination of this Lease due to any such proceeding. Tenant named herein,
upon request of Landlord given after such disaffirmance, rejection or termination (and actual
notice thereof to Landlord in the event of a disaffirmance or rejection or in the event of
termination other than by act of Landlord), shall (a) pay to Landlord all Rent and other charges
due and owing by the assignee to Landlord under this Lease to and including the date of such
disaffirmance, rejection or termination, and (b) as “tenant,” enter into a new lease of the Premises
with Landlord for a term commencing on the effective date of such disaffirmance, rejection or
termination and ending on the Expiration Date, at the same Rent and upon the then executory terms,
covenants and conditions contained in this Lease, except that (i) the rights of Tenant named herein
under the new lease shall be subject to the possessory rights of the assignee under this Lease and
the possessory rights of any persons or entities claiming through or under such assignee or by
virtue of any statute or of any order of any court, (ii) such new lease shall require all defaults
existing under this Lease to be cured by Tenant named herein with due diligence, and (iii) such new
lease shall require Tenant named herein to pay all Rent which, had this Lease not been so
disaffirmed, rejected or terminated, would have become due under the provisions of this Lease after
the date of such disaffirmance, rejection or termination with respect to any period prior thereto.
If Tenant named herein defaults in its obligations to enter into such new lease for a period of ten
(10) Business Days (subject to extension for periods during which the parties are reasonably
negotiating the terms of any such new lease) after Landlord’s request, then, in addition to all
other rights and remedies by reason of default, either at law or in equity, Landlord shall have the
same rights and remedies against Tenant named herein as if it had entered into such new lease and
such new lease had thereafter been terminated as of the commencement date thereof by reason of
Tenant’s default thereunder.

ARTICLE 14

ACCESS TO PREMISES

     Section 14.1 Landlord’s Access.

          (a) Landlord, Landlord’s agents and utility service providers servicing the Building may
erect, use and maintain concealed ducts, pipes and conduits in and through the Premises provided
such use does not cause the usable area of the Premises to be reduced beyond a de minimis amount
and does not otherwise unreasonably and materially interfere with Tenant’s use of the Premises.
Landlord shall promptly repair any damage to the Premises caused by any work performed pursuant to
this Article.

          (b) Landlord and any other party designated by Landlord shall have the right to enter the
Premises at any time in the case of an emergency. Landlord, any Lessor or Mortgagee and any other
party designated by Landlord and their respective agents shall have the right to enter the Premises
at all reasonable times, upon reasonable notice (which notice shall be at least 24 hours in advance
of any proposed entry and which may be oral) to examine the Premises, to perform Restorative Work
to the Premises or the Building, to show the Premises to prospective purchasers, Mortgagees or
Lessors, and their respective agents and representatives or others and to tenants during the last
fourteen (14) months of the Term (as extended).

          (c) All parts (except surfaces facing the interior of the Premises) of all walls,

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windows and doors bounding the Premises, all balconies, terraces and roofs adjacent to the
Premises, all space in or adjacent to the Premises used for shafts, stacks, stairways, mail chutes,
conduits and other mechanical facilities, Base Building Systems, Building facilities and Common
Areas are not part of the Premises, and Landlord shall have the use thereof and access thereto
through the Premises for the purposes of Building operation, maintenance, alteration and repair.

     Section 14.2 Building and Project Name.  Landlord has the right at any time to change the
name, street address or designation by which the Building or Project is commonly known.

     Section 14.3 Light and Air.  If at any time any windows of the Premises are temporarily
darkened or covered over by reason of any Restorative Work, any of such windows are permanently
darkened or covered over due to any Requirement or there is otherwise a diminution of light, air or
view by another structure which may hereafter be erected (whether or not by Landlord), Landlord
shall not be liable for any damages and Tenant shall not be entitled to any compensation or
abatement of any Rent, nor shall the same release Tenant from its obligations hereunder or
constitute an actual or constructive eviction.

ARTICLE 15

DEFAULT

     Section 15.1 Tenant’s Defaults.  Each of the following events shall be an “Event of Default”
hereunder:

          (a) Tenant fails to pay when due any installment of Rent and such default shall continue for
five (5) days after notice of such default is given to Tenant except that if Landlord shall have
given two (2) such notices of default in the payment of any Rent in the preceding twelve (12) month
period. Tenant shall not be entitled to any further notice of its delinquency in the payment of any
Rent; or

          (b) Tenant fails to observe or perform any other term, covenant or condition of this Lease and
such failure continues for more than thirty (30) days after notice by Landlord to Tenant of such
default, or if such default is of a nature that it cannot be completely remedied within thirty (30)
days, failure by Tenant to commence to remedy such failure within said thirty (30) days, and
thereafter diligently take all steps necessary to remedy such default; or

          (c) Tenant files a voluntary petition in bankruptcy or insolvency, or is adjudicated a
bankrupt or insolvent, or files any petition or answer seeking any reorganization, liquidation,
dissolution or similar relief under any present or future federal bankruptcy act or any other
present or future applicable federal, state or other statute or law, or makes an assignment for the
benefit of creditors or seeks or consents to or acquiesces in the appointment of any trustee,
receiver, liquidator or other similar official for Tenant or for all or any part of Tenant’s
property; or

          (d) a court of competent jurisdiction shall enter an order, judgment or decree adjudicating
Tenant bankrupt, or appointing a trustee, receiver or liquidator of Tenant, or of the

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whole or any
substantial part of its property, without the consent of Tenant, or approving a petition filed
against Tenant seeking reorganization or arrangement of Tenant under the bankruptcy laws of the
United States, as now in effect or hereafter amended, or any state thereof, and such order,
judgment or decree shall not be vacated or set aside or stayed within ninety (90) days from the
date of entry thereof.

     Section 15.2 Landlord’s Remedies.

          (a) Upon the occurrence of an Event of Default. Landlord, at its option, and
without limiting the exercise of any other right or remedy Landlord may have on account of
such Event of Default, and without any further demand or notice, may give to Tenant notice of (i)
the termination of this Lease, in which event this Lease and the Term shall come to an end and
expire (whether or not the Term shall have commenced) upon the termination date set forth in
such notice with the same force and effect as if the date set forth in the notice was the
Expiration Date stated herein, and/or (ii) the termination of Tenant’s right of possession of the
Premises, in which event Tenant’s right of possession of the Premises shall come to an end and expire
(whether or not the Term shall have commenced) upon the termination date set forth in such
notice; and Tenant shall then quit and surrender the Premises to Landlord, but Tenant shall
remain liable for damages as provided in this Article and/or, to the extent permitted by law,
Landlord may remove all persons and properly from the Premises, which property shall be stored
by Landlord at a warehouse or elsewhere at the risk, expense and for the account of Tenant.
Any termination notice may be given simultaneously with any notice of default given to Tenant.

          (b) If this Lease and the Term, or Tenant’s right to possession of the Premises,
terminate as provided in Section 15.2(a):

               (i) Tenant shall quit and surrender the Premises to Landlord, and
Landlord and its agents may immediately, or at any time after such termination, re-enter the
Premises or any part thereof, without notice, either by summary proceedings, or by any other
applicable action or proceeding, or by force (to the extent permitted by law) or otherwise in
accordance with applicable legal proceedings (without being liable to indictment, prosecution
or damages therefor), and may repossess the Premises and dispossess Tenant and any Other persons
from the Premises and remove any and all of their property and effects from the Premises; and

               (ii) Landlord, at Landlord’s option, may relet all or any part of the
Premises from time to time, either in the name of Landlord or otherwise, to such tenant or
tenants, for any term ending before, on or after the Expiration Date, at such rental and upon
such other conditions (which may include concessions and free rent periods) as Landlord, in its
sole discretion, may determine. Landlord shall have no obligation to accept any tenant offered by
Tenant and shall not be liable for failure to relet or, in the event of any such reletting,
for failure to collect any rent due upon any such reletting; and no such failure shall relieve Tenant of,
or otherwise affect, any liability under this Lease. Landlord shall, however, to the extent
required by law. use reasonable efforts to mitigate its damages but shall not be required to divert
prospective tenants from any other portions of the Building. Landlord, at Landlord’s option,
may make such alterations, decorations and other physical changes in and to the Premises as

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Landlord, in its sole discretion, considers advisable or necessary in connection with such
reletting or proposed reletting, without relieving Tenant of any liability under this Lease or
otherwise affecting any such liability.

          (c) Tenant, on its own behalf and on behalf of all persons claiming through or under Tenant,
including all creditors, hereby waives all rights which Tenant and all such persons might otherwise
have under any Requirement (i) to redeem, or to re-enter or repossess the Premises, and (ii) to
restore the operation of this Lease, after (A) Tenant shall have been dispossessed by judgment or
by warrant of any court or judge, or (B) any expiration or early termination of the term of this
Lease, whether such dispossess, re-entry, expiration or termination shall be by operation of law or
pursuant to the provisions of this Lease. The words “redeem.” “redemption.” “re-enter,” “re-entry”
and “re-entered” as used in this Lease shall not be deemed to be restricted to their technical
legal meanings.

          (d) Upon the breach or threatened breach by Tenant, or any persons claiming through or under
Tenant, of any term, covenant or condition of this Lease. Landlord shall have the right to enjoin
such breach and to invoke any other remedy allowed by law or in equity as if re-entry, summary
proceedings and other special remedies were not provided in this Lease for such breach. The rights
to invoke the remedies set forth above are cumulative and shall not preclude Landlord from invoking
any other remedy allowed at law or in equity.

     Section 15.3 Landlord’s Damages..

          (a) If this Lease and the Term, or Tenant’s right to possession of the Premises, terminate as
provided in Section 15.2, then:

               (i) Tenant shall pay to Landlord all items of Rent payable under this
Lease by Tenant to Landlord prior to the date of termination;

               (ii) Landlord may retain all monies, if any, paid by Tenant to Landlord,
whether as prepaid Rent, a Security Deposit or otherwise, which monies, to the extent not
otherwise applied to amounts due and owing to Landlord, shall be credited by Landlord against
any damages payable by Tenant to Landlord;

               (iii)Tenant shall pay to Landlord, in monthly installments, on the days
specified in this Lease for payment of installments of Fixed Rent, any Deficiency; it being
understood that Landlord shall be entitled to recover the Deficiency from Tenant each month as
the same shall arise, and no suit to collect the amount of the Deficiency for any month, shall
prejudice Landlord’s right to collect the Deficiency for any subsequent month by a similar
proceeding: and

               (iv) whether or not Landlord shall have collected any monthly
Deficiency, Tenant shall pay to Landlord, on demand, in lieu of any further Deficiency and as
liquidated and agreed final damages, a sum equal to the amount by which the Rent for the
period which otherwise would have constituted the unexpired portion of the Term (assuming the
Additional Rent during such period to be the same as was payable for the year immediately

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preceding such termination or re-entry, increased in each succeeding year by four percent (4%)
(on a compounded basis)) exceeds the then fair and reasonable rental value of the Premises, for the
same period (with both amounts being discounted to present value at a rate of interest equal to two
percent (2%) below the then Base Rate) less the aggregate amount of Deficiencies theretofore
collected by Landlord pursuant to the provisions of
Section 15.3(a)(iii) for the same period. If, before presentation of proof of such liquidated damages to any court, commission or tribunal, the
Premises, or any part thereof, shall have been relet by Landlord for the period which otherwise
would have constituted the unexpired portion of the Term, or any part
thereof, the amount of rent
reserved upon such reletting shall be deemed prima facie, to be the fair and reasonable rental
value for the part or the whole of the Premises so relet during the term of the reletting.

          (b) If the Premises, or any part thereof, shall be relet together with other space in the
Building, the rents collected or reserved under any such reletting and the expenses of any such
reletting shall be equitably apportioned for the purposes of this Section. Tenant shall not be
entitled to any rents collected or payable under any reletting, whether or not such rents exceeds
the Fixed Rent reserved in this Lease. Nothing contained in this Article shall be deemed to limit
or preclude the recovery by Landlord from Tenant of the maximum amount allowed to be obtained as
damages by any Requirement, or of any sums or damages to which Landlord may be entitled in addition
to the damages set forth in this Section.

     Section 15.4
Interest. If any payment of Rent is not paid when due, interest shall accrue on
such payment, from the date such payment became due until paid at the Interest Rate. Tenant
acknowledges that late payment by Tenant of Rent will cause Landlord to incur costs not
contemplated by this Lease, the exact amount of such costs being extremely difficult and
impracticable to fix. Such costs include, without limitation, processing and accounting charges,
and late charges that may be imposed on Landlord by the terms of any note secured by a Mortgage
covering the Premises. Therefore, in addition to interest, if any
amount is not paid when due, a
late charge equal to five percent (5%) of such amount shall be assessed; provided, however, that on
two (2) occasions during any Calendar Year of the Term, Landlord
shall give Tenant notice of such
late payment and Tenant shall have a period of five (5) days thereafter in which to make such
payment before any late charge is assessed. Such interest and late charges are separate and
cumulative and are in addition to and shall not diminish or represent a substitute for any of
Landlord’s rights or remedies under any other provision of this Lease.

     Section 15.5
Other Rights of Landlord. If Tenant fails to pay any Additional Rent when due,
Landlord, in addition to any other right or remedy, shall have the same rights and remedies as in
the case of a default by Tenant in the payment of Fixed Rent. If Tenant is in arrears in the
payment of Rent. Tenant waives Tenant’s right, if any, to designate the items against which any
payments made by Tenant are to be credited, and Landlord may apply any payments made by Tenant to
any items Landlord sees fit, regardless of any request by Tenant. Landlord reserves the right,
without liability to Tenant and without constituting any claim of constructive eviction, to suspend
furnishing or rendering to Tenant any property, material, labor, utility or other service, whenever
Landlord is obligated to furnish or render the same at the expense of Tenant, if (but only for so
long as) Tenant is in arrears in paying Landlord for such
items for more than five (5) days after
notice from Landlord to Tenant demanding the payment of such arrears.

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ARTICLE 16

LANDLORD’S RIGHT TO CURE; FEES AND EXPENSES

     Section 16.1 Landlord’s Right to Cure. If Tenant defaults in the performance of its
obligations under this Lease beyond any applicable notice and cure period. Landlord, without
waiving such default, may perform such obligations at Tenant’s expense: (a) immediately, but with
reasonable notice, in the case of emergency or if the default (i) materially interferes with the
use by any other tenant of the Building, (ii) materially interferes with the efficient operation of
the Building, (iii) results in a violation of any Requirement, or (iv) results or will result in a
cancellation of any insurance policy maintained by Landlord, and (b) in any other case if such
default continues after ten (10) days from the date on which Landlord gives notice of its intent to
perform the defaulted obligation provided that Tenant has not commenced to cure the same in such
period.

     Section 16.2 Fees and Expenses. All reasonable costs and expenses incurred by Landlord or
Tenant in connection with any such performance by it and all reasonable costs and expenses,
including reasonable counsel fees and disbursements, incurred in any action or proceeding
(including any unlawful detainer proceeding brought by Landlord or in which Landlord is a party to
enforce any obligation of Tenant under this Lease and/or right of Landlord in or to the Premises),
shall be paid by the non-performing party to the performing party within twenty (20) Business Days
after receipt of an invoice for such amount (accompanied by copies of invoice(s) evidencing such
costs), with interest thereon at the Interest Rate from the date paid. Except as expressly provided
to the contrary in this Lease, all costs and expenses which, pursuant to this Lease are incurred by
one party but payable by the other, and all charges, amounts and sums payable to Landlord by Tenant
for any property, material, labor, utility or other services which, pursuant to this Lease,
attributable directly to Tenant’s use or occupancy of the Premises or presence at the Building, or
at the request and for the account of Tenant, are provided, furnished or rendered by Landlord,
shall become due and payable within twenty (20) Business Days after receipt of an invoice for such
amount (accompanied by copies of invoice(s) evidencing such costs).

ARTICLE 17

NO REPRESENTATIONS BY LANDLORD; LANDLORD’S APPROVAL

     Section 17.1 No Representations. Except as expressly set forth in this Lease, Landlord and
Landlord’s agents have made no warranties, representations, statements or promises with respect to
the Building, the Real Property or the Premises and no rights, easements or licenses are acquired
by Tenant by implication or otherwise. Tenant is entering into this Lease after full investigation
and is not relying upon any statement or representation made by Landlord not embodied in this
Lease.

     Section 17.2 No Money Damages. Wherever in this Lease Landlord’s consent or approval is
required, if Landlord refuses to grant such consent or approval, whether or not

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Landlord expressly agreed that such consent or approval would not be unreasonably withheld. Tenant
shall not make, and Tenant hereby waives, any claim for money damages (including any claim by way
of set-off, counterclaim or defense) based upon Tenant’s claim or assertion that Landlord
unreasonably withheld or delayed its consent or approval. Tenant’s sole remedy shall be an action
or proceeding to enforce such provision, by specific performance, injunction or declaratory
judgment. In no event shall Landlord be liable for, and Tenant and all Related Entities hereby
waives any claim for, any indirect, consequential or punitive damages, including loss of profits or
business opportunity, arising under or in connection with this Lease; and, in no event shall Tenant
be liable for, and Landlord and all entities controlling, controlled by or under common control
with Landlord hereby waive any claim for, any indirect, consequential or punitive damages,
including loss of profits or business opportunity, arising under or in connection with this Lease.

     Section 17.3
Reasonable Efforts. For purposes of this Lease, “reasonable efforts” by
Landlord shall not include an obligation to employ contractors or labor at overtime or other
premium pay rates or to incur any other overtime costs whatsoever.

ARTICLE 18

END OF TERM

     Section 18.1
Expiration. Upon the expiration or earlier termination of this Lease. Tenant
shall quit and surrender the Premises to Landlord vacant, broom clean and in substantially the same
order and condition as the same existed on the pertinent Commencement Date with respect to the
space in question, less any Alterations Tenant is not required to or entitled to remove, ordinary
wear and tear, casualty, condemnation and other damage for which Tenant is not responsible under
the terms of this Lease excepted, and Tenant shall have satisfied Tenant’s removal obligations
under Article 5.

     Section 18.2
Holdover Rent. Landlord and Tenant recognize that Landlord’s damages resulting
from Tenant’s failure to timely surrender possession of the Premises may be substantial, may exceed
the amount of the Rent payable hereunder, and will be impossible to accurately measure.
Accordingly, if possession of the Premises is not surrendered to Landlord on the Expiration Date or
sooner termination of this Lease, in addition to any other rights or remedies Landlord may have
hereunder or at law, Tenant shall pay to Landlord for each month (or any portion thereof) during
which Tenant holds over in the Premises after the Expiration Date or sooner termination of this
Lease, a sum equal to the greater of (i) one hundred fifty percent (150%) of the Fixed Rent payable
under this Lease for the last full calendar month of the Term (prorated on a daily basis for each
day that Tenant holds over), and (ii) one hundred fifty percent (150%) of the rate Landlord is then
asking for comparable space in the Building (or if no comparable space is then available, the fair
market rental value of the Premises as reasonably determined by Landlord) (prorated on a daily
basis for each day that Tenant holds over). Tenant shall indemnify Landlord against all claims for
damages made against Landlord by any successor tenant pursuant to the terms of a letter of intent
or executed lease agreement of the Premises or any portion thereof provided Landlord has given
Tenant at least sixty (60) days prior written notice of such letter of intent or executed lease
agreement. No holding-over by Tenant, nor the

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payment to Landlord of the amounts specified above,
shall operate to extend the Term hereof or establish a month to month tenancy or any other tenancy.
Nothing herein contained shall be deemed to permit Tenant to retain possession of the Premises
after the Expiration Date or sooner termination of this Lease, and no acceptance by Landlord of
payments from Tenant after the Expiration Date or sooner termination of this Lease shall be deemed
to be other than on account of the amount to be paid by Tenant in accordance with the provisions of
this Section.

ARTICLE 19

QUIET ENJOYMENT

     Provided this Lease is in full force and effect and no Event of Default then exists. Tenant
may peaceably and quietly enjoy the Premises without hindrance by Landlord or any person lawfully
claiming through or under Landlord, subject to the terms and conditions of this Lease and to all
Superior Leases and Mortgages. Landlord shall not enter into any covenants or other agreements, nor
alter or make any changes, modifications, alterations, or
improvements to the Building, Premises, Project or Common Areas that materially interfere with Tenant’s use of the Premises.

ARTICLE 20

NO SURRENDER; NO WAIVER

     Section 20.1
No Surrender or Release. No act or thing done by Landlord or Landlord’s agents or
employees during the Term shall be deemed an acceptance of a surrender of the Premises, and no
provision of this Lease shall be deemed to have been waived by Landlord or Tenant, unless such
waiver is in writing and is signed by Landlord or Tenant as applicable, except to the extent
expressly provided otherwise in this Lease.

     Section 20.2
No Waiver. The failure of either parly to seek redress for violation of, or to
insist upon the strict performance of, any covenant or condition of this Lease, or any of the Rules
and Regulations, shall not be construed as a waiver or relinquishment for the future performance of
such obligations of this Lease or the Rules and Regulations, or of the right to exercise such
election but the same shall continue and remain in full force and effect with respect to any
subsequent breach, act or omission. The receipt by Landlord of any Rent payable pursuant to this
Lease or any other sums with knowledge of the breach of any covenant of this Lease shall not be
deemed a waiver of such breach. No payment by Tenant or receipt by Landlord of a lesser amount than
the monthly Rent herein stipulated shall be deemed to be other than a payment on account of the
earliest stipulated Rent, or as Landlord
may elect to apply such payment, nor shall any endorsement or statement on any check or any
letter accompanying any check or payment as Rent be deemed an accord and satisfaction, and Landlord
may accept such check or payment without prejudice to Landlord’s right to recover the balance of
such Rent or pursue any other remedy provided in this Lease.

ARTICLE 21

WAIVER OF TRIAL BY JURY; COUNTERCLAIM

     Section 21.1 Jury Trial Waiver. Landlord and Tenant hereby waive trial by jury in

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any action, proceeding or counterclaim brought by either party against the other in connection with
any matters in any way arising out of or connected with this Lease, the relationship of Landlord
and Tenant. Tenant’s use or occupancy of the Premises, any guaranty of all or any portion of
Tenant’s liabilities under this Lease or the enforcement of any remedy under any statute, emergency
or otherwise.

     Section 21.2 Waiver of Counterclaim. If Landlord commences any summary proceeding against
Tenant. Tenant will not interpose any counterclaim of any nature or description in any such
proceeding (unless failure to interpose such counterclaim would preclude Tenant from asserting in a
separate action the claim which is the subject of such counterclaim), and will not seek to
consolidate such proceeding with any other action which may have been or will be brought in any
other court by Tenant.

ARTICLE 22

NOTICES

     Except as otherwise expressly provided in this Lease, all consents, notices, demands,
requests, approvals or other communications given under this Lease shall be in writing and shall be
deemed sufficiently given or rendered only if delivered by hand (provided a signed receipt is
obtained) or if sent by registered or certified mail (return receipt requested) or by a nationally
recognized overnight delivery service making receipted deliveries, addressed to Landlord and Tenant
as set forth in Article 1, and to any Mortgagee or Lessor who shall require copies of notices and
whose address is provided to Tenant by written notice from Landlord, or to such other address(es)
as Landlord, Tenant or any Mortgagee or Lessor may designate in writing as its new address(es) for
such purpose by notice given to the other in accordance with the provisions of this Article. Any
such consent, notice, demand, request, approval or other communication shall be deemed to have been
given on the date of receipted delivery, refusal to accept delivery
or when delivery is first (1st)
attempted but cannot be made due to a change of address for which no notice is given or three (3)
Business Days after it shall have been mailed as provided in this Article, whichever is earlier.

ARTICLE 23

RULES AND REGULATIONS

     Tenant shall observe and comply with and shall cause all Tenant Parties to observe and comply
with the Rules and Regulations, as reasonably supplemented or amended from time to time. Landlord
reserves the right, from time to time, to adopt additional reasonable Rules and Regulations and to
reasonably amend the Rules and Regulations then in effect provided that such additional or amended
Rules and Regulations do not materially increase Tenant’s obligations of decrease its rights under
this Lease. Nothing contained in this Lease shall impose upon Landlord any obligation to enforce
the Rules and Regulations or terms, covenants or conditions in any other lease against any other
Building or Real Property tenant, and Landlord shall not be liable to Tenant for violation of the
same by any other tenant, its employees, agents, visitors or licensees, provided that Landlord
shall enforce the Rules or Regulations against Tenant in a nondiscriminatory fashion. To the extent
that any Rules or Regulations conflict with the express terms of this Lease, the terms of this
Lease shall control.

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ARTICLE 24

 BROKER

     Landlord has retained Landlord’s Agent as leasing agent in connection with this Lease and
Landlord will be solely responsible for any fee that may be payable to Landlord’s Agent. Landlord
agrees to pay a commission to Tenant’s Broker pursuant to a separate agreement. Each of
Landlord and Tenant represents and warrants to the other that neither it nor its agents have dealt
with any broker in connection with this Lease other than Landlord’s Agent and Tenant’s Broker and
that no other broker, finder or like entity procured or negotiated this Lease or is entitled to any
fee or commission in connection herewith. Each of Landlord and Tenant shall indemnify, defend,
protect and hold the other party harmless from and against any and all Losses which the indemnified
party may incur by reason of any claim of or liability to any broker, finder or like agent (other
than Landlord’s Agent and Tenant’s Broker) arising out of any dealings claimed to have occurred
between the indemnifying party and the claimant in connection with this Lease, and/or the above
representation being false.

ARTICLE 25

INDEMNITY

     Section 25.1 Tenant’s Indemnity. Subject to the provisions of Section 11.2, except to the
extent of any such injury or damage resulting from the negligence or willful misconduct of Landlord
or any of the Landlord Parties or Landlord’s breach of its obligations under this Lease, Tenant
shall indemnify, defend, protect and hold harmless each of the Landlord Parties from and against
any and all Losses, resulting from any claims (i) against the Landlord Parties arising from any
act, omission or negligence of Tenant or Tenant’s employees, agents or contractors, (ii) against
the Landlord Parties arising from any accident, injury or damage to any person or to the property
of any person and occurring in the Premises, and (iii) against the Landlord resulting from any
breach, violation or nonperformance of any covenant, condition or agreement of this Lease on the
part of Tenant to be fulfilled, kept, observed or performed. The obligations of this Section 25.1
shall survive the expiration or earlier termination of this Lease.

     Section 25.2 Landlord’s Indemnify. Subject to the provisions of Section 11.2, except to the
extent of any such injury or damage resulting from the negligence or willful misconduct of Tenant
or any of the Tenant’s Parties or Tenant’s breach of its obligations under this Lease. Landlord
shall indemnify, defend, protect and hold harmless each of the Tenant Parties from and against any
and all Losses, resulting from any claims (i) against the Tenant Parties arising from any act,
omission or negligence of Landlord or Landlord’s employees, agents or contractors, and (ii) against
the Tenant resulting from any breach, violation or nonperformance of any covenant, condition or
agreement of this Lease on the part of Landlord to be fulfilled, kept, observed or performed. The
obligations of this Section 25.2 shall survive the expiration or earlier termination of this Lease.

     Section 25.3 Defense and Settlement. If any claim, action or proceeding set forth in Section
25.1 is made or brought against any Landlord Party, then upon demand by a Landlord Party, Tenant,
at Tenant’s expense, shall resist or defend such claim, action or proceeding in the Landlord
Party’s name (if necessary), by attorneys approved by the Landlord Party, which

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approval shall not
be unreasonably withheld (attorneys for Tenant’s insurer shall be deemed approved for purposes of
this Section). Notwithstanding the foregoing, a Landlord Party may retain its own attorneys to
participate or assist in defending any claim, action or proceeding involving potential liability in
excess of the amount available under Tenant’s liability insurance carried under Section 11.1 for
such claim and Tenant shall pay the reasonable fees and disbursements of such attorneys. If Tenant
fails to diligently defend or if there is a legal confliet or other conflict of interest, then
Landlord may retain separate counsel at Tenant’s expense. Notwithstanding anything herein contained
to the contrary. Tenant may direct the Landlord Party to settle any claim, suit or other proceeding
provided that (a) such settlement shall involve no obligation on the part of the Landlord Party
other than the payment of money, (b) any payments to be made pursuant to such settlement shall be
paid in full exclusively by Tenant at the time such settlement is reached, (c) such settlement
shall not require the Landlord Party to admit any liability, and (d) the Landlord Party shall have
received an unconditional release from the other parties to such claim, suit or other proceeding.

ARTICLE 26

MISCELLANEOUS

     Section 26.1 Delivery. This Lease shall not be binding upon Landlord or Tenant unless and
until Landlord and Tenant shall have executed and delivered this Lease to the other.

     Section 26.2 Transfer of Real Property. Landlord’s obligations under this Lease arising from
and after the date of Transfer shall not be binding upon the Landlord named herein after the sale,
conveyance, assignment or transfer (collectively, a
“Transfer”) by such Landlord (or upon any
subsequent landlord after the Transfer by such subsequent landlord) of its interest in the Building
or the Real Property, as the case may be, and in the event of any such Transfer. Landlord (and any
such subsequent Landlord) shall be entirely freed and relieved of all covenants and obligations of
Landlord hereunder arising from and after the date of Transfer and the transferee of Landlord’s
interest (or that of such subsequent Landlord) in the Building or the Real Property, as the case
may be, shall be deemed to have assumed all obligations under this Lease arising from and after the
date of Transfer.

     Section 26.3 Limitation on Liability. The liability of Landlord for Landlord’s obligations
under this Lease shall be limited to Landlord’s interest in the Real Property, which shall include
without limitation all rents, revenues, insurance proceeds and condemnation awards derived
therefrom, and Tenant shall not look to any other property or assets of Landlord or any Landlord
Party in seeking either to enforce Landlord’s obligations under this Lease or to satisfy a judgment
for Landlord’s failure to perform such obligations; and none of the Landlord Parties shall be
personally liable for the performance of Landlord’s obligations under this Lease.

     Section 26.4 Rent. All amounts payable by Tenant to or on behalf of Landlord under this
Lease, whether or not expressly denominated Fixed Rent. Tenant’s Tax Payment. Tenant’s Operating
Payment, Additional Rent or Rent, shall constitute rent for the purposes of Section 502(b)(6) of
the United States Bankruptcy Code.

     Section 26.5 Entire Document. This Lease includes all riders, exhibits, schedules and

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other
attachments hereto and all supplemental agreements provided for herein (each of which is
incorporated herein by this reference) and constitutes the entire agreement between the parties and
all prior negotiations and agreements are merged into this Lease. In the event of any inconsistency
between the terms and provisions of this Lease and the terms and provisions of the riders,
exhibits, schedules and other attachments hereto and all supplemental agreements provided for
herein, the terms and provisions of this Lease shall control.

     Section 26.6 Governing Law. This Lease shall be governed in all respects by the laws of the
State (but not including the choice of law rules thereof).

     Section 26.7 Unenforceability. If any provision of this Lease, or its application to any
person or circumstance, shall ever be held to be invalid or unenforceable, then in each such event
the remainder of this Lease or the application of such provision to any other person or any other
circumstance (other than those as to which it shall be invalid or unenforceable) shall not be
thereby affected, and each provision hereof shall remain valid and enforceable to the fullest
extent permitted by law.

     Section 26.8 Lease Disputes.

          (a) Landlord and Tenant agree that all disputes arising, directly or indirectly, out of or
relating to this Lease, and all actions to enforce this Lease, shall be dealt with and adjudicated
in the courts of the State or the United States District Court for the Slate and for that purpose
hereby expressly and irrevocably submits itself to the jurisdiction of such courts. Landlord and
Tenant agree that so far as is permitted under applicable law, this consent to personal
jurisdiction shall be self-operative and no further instrument or action, other than service of
process in one of the manners specified in this Lease, or as otherwise permitted by law, shall be
necessary in order to confer jurisdiction upon it in any such court.

          (b) To the extent that Tenant has or hereafter may acquire any immunity from jurisdiction of
any court or from any legal process (whether through service or notice, attachment prior to
judgment, attachment in aid of execution, execution or otherwise) with respect to itself or its
property, Tenant irrevocably waives such immunity in respect of its obligations under this Lease.

     Section 26.9 Landlord’s Agent. Unless Landlord delivers written notice to Tenant to the
contrary, Landlord’s Agent is authorized to act as Landlord’s agent in connection with the
performance of this Lease, and Tenant shall be entitled to rely upon correspondence received from
Landlord’s Agent. Tenant acknowledges that Landlord’s Agent is acting solely as agent for Landlord
in connection with the foregoing; and neither Landlord’s Agent nor any of its direct or indirect
partners, members, managers, officers, shareholders, directors, employees, principals, agents or
representatives shall have any liability to Tenant in connection with the performance of this
Lease, and Tenant waives any and all claims against any and all of
such parties arising out of, or
in any way connected with, this Lease, the Building or the Real Property.

     Section 26.10 Estoppel. Within fifteen (15) days following request from Landlord, any
Mortgagee or any Lessor. Tenant shall deliver to Landlord a statement executed and

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acknowledged by
Tenant, in form reasonably satisfactory to Landlord and Tenant, (a) stating the Commencement Date,
the Rent Commencement Date and the Expiration Date, and that this Lease is then in full force and
effect and has not been modified (or if modified, setting forth all modifications), (b) setting
forth the date to which the Fixed Rent and any Additional Rent have been paid, together with the
amount of monthly Fixed Rent and Additional Rent then payable, (c) stating whether or not, to
Tenant’s actual knowledge, Landlord is in default under this Lease, and, if Landlord is in default,
setting forth the specific nature of all such defaults, (d) stating the amount of the security, if
any, under this Lease, (e) stating whether there are any subleases or assignments affecting the
Premises, (f) stating the address of Tenant to which all notices and communications under the Lease
shall be sent, and (g) responding to any other matters reasonably requested by Landlord, such
Mortgagee or such Lessor. Tenant acknowledges that any statement delivered pursuant to this Section
may be relied upon by any purchaser or owner of the Real Property or the Building or all or any
portion of Landlord’s interest in the Real Property or the Building or any Superior Lease, or by
any Mortgagee, or assignee thereof or by any Lessor, or assignee thereof.

     Section 26.11 Certain Interpretational Rules. For purposes of this Lease, whenever the words
“include”, “includes”, or “including” are used, they shall be deemed to be followed by the words
“without limitation” and, whenever the circumstances or the context requires, the singular shall be
construed as the plural, the masculine shall be construed as the feminine and/or the neuter and
vice versa. This Lease shall be interpreted and enforced without the aid of any canon, custom or
rule of law requiring or suggesting construction against the party drafting or causing the drafting
of the provision in question. The captions in this Lease are inserted only as a matter of
convenience and for reference and in no way define, limit or describe the scope of this Lease or
the intent of any provision hereof.

     Section 26.12 Parties Bound. The terms, covenants, conditions and agreements contained in
this Lease shall bind and inure to the benefit of Landlord and Tenant and, except as otherwise
provided in this Lease, to their respective successors, and assigns.

     Section 26.13 Memorandum of Lease. This Lease shall not be recorded; however, at either
party’s request, Landlord and Tenant shall promptly execute, acknowledge and deliver a memorandum
with respect to this Lease sufficient for recording and either party (at its sole cost and expense)
may record the memorandum. Within ten (10) days alter the end of the Term, Tenant shall enter into
such documentation as is reasonably required by Landlord to remove the memorandum of record. At any
time within ten (10) days after request by Landlord, Tenant shall execute and deliver to Landlord a
release of the memorandum of this Lease, but Landlord will not record such release unless the Term
has expired or an Event of Default has occurred and this Lease has been terminated or Tenant’s
possessory right in the Premises or any portion thereof has been terminated.

     Section 26.14 Counterparts. This Lease may be executed in two (2) or more counterparts, each
of which shall constitute an original, but all of which, when taken together, shall constitute but
one instrument.

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     Section 26.15 Survival. Except as otherwise expressly provided in the Lease, all obligations
and liabilities of Landlord or Tenant to the other which accrued before the expiration or other
termination of this Lease, and all such obligations and liabilities which by their nature or under
the circumstances can only be, or by the provisions of this Lease may be, performed after such
expiration or
other termination, shall survive the expiration or other termination of this Lease. Without
limiting the generality of the foregoing, the rights and obligations of the parties with respect to
any indemnity under this Lease, and with respect to any Rent and any other amounts payable under
this Lease, shall survive the expiration or other termination of this Lease for any period
expressly provided for in the Lease or the applicable statute of limitation if no time period is
specified herein.

     Section 26.16 Inability to Perform.  The obligation of Tenant to pay Rent hereunder shall not
be affected, impaired or excused by any Unavoidable Delays. Landlord’s performance of Landlord’s
obligations under this Lease shall be excused to the extent that such performance is delayed due to
Unavoidable Delay(s). Landlord and Tenant shall use reasonable efforts to promptly notify the other
of any Unavoidable Delay which prevents such party from fulfilling any of its obligations under
this Lease.

     Section 26.17 Substitute Premises. [intentionally omitted]

     Section 26.18 Lien for Payment of Rent. [intentionally omitted]

     Section 26.19 Financial Statements. Tenant agrees to deliver to Landlord within 120 days
after the end of the Tenant’s fiscal year, a balance sheet for Tenant as of the end of such fiscal
year and an income and loss statement for Tenant for such fiscal year.

     Section 26.20 Changes to Real Property. Landlord shall have the following rights (a) to
rearrange, change, expand or contract the Common Areas; (b) to use Common Areas while engaged in
making improvements, repairs or alterations to the Real Property; and (c) to do and perform such
other acts and make such other changes to the interior of the Building or Project (including,
without limitation, the lobbies, entrances, passageways, doors, doorways, atriums, corridors,
elevators, stairs, common area restrooms, loading docks and parking garage) and the exterior of the
Building or Project (including, without limitation, the facade, roof, sidewalks, exterior windows
and arcade), all as Landlord may from time to time in its sole
judgment deem to be appropriate; provided, however, that the same shall not materially and adversely affect Tenant’s access or use
of the Premises or its rights under this Lease. Landlord may exercise any or all of the foregoing
rights without being deemed to be guilty of an eviction, actual or constructive, or a disturbance
of Tenant’s business or use or occupancy of the Premises. Tenant shall have no claim for damages,
indemnification or eviction (whether actual or constructive) against Landlord nor shall Tenant be
entitled to any diminution or abatement of Rent arising from Landlord’s exercise of any or all of
the foregoing rights. Tenant acknowledges that it has no rights to any development rights, air
rights or comparable rights appurtenant to the Real Property and Tenant consents, without further
consideration, to any utilization of such rights by Landlord.

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     Section 26.21 Tax Status of Beneficial Owner. Tenant recognizes and acknowledges that
Landlord and/or certain beneficial owners of Landlord may from time to time qualify as real estate
investment trusts pursuant to Sections 856 el seq. of the Internal Revenue Code of 1986
as amended (the “Code”) and that avoiding (a) the loss of such status, (b) the receipt of any
income derived under any provision of this Lease that does not constitute “rents from real
property” (in the case of real estate investment trusts), and (c) the imposition of income, penalty
or similar taxes (each an “Adverse Event”) is of material concern to Landlord and such beneficial
owners. In the event that this Lease or any document contemplated hereby could, in the opinion of
counsel to Landlord, result in or cause an Adverse Event, Tenant agrees to cooperate with Landlord
in negotiating an amendment or modification thereof and shall at the request of Landlord execute
and deliver such documents reasonably required to effect such amendment or modification. Any
amendment or modification pursuant to this Article shall be structured so that the economic results
to Landlord and Tenant shall be substantially similar to those set forth in this Lease without
regard to such amendment or modification. Without limiting any of Landlord’s other rights under
this Section, Landlord may waive the receipt of any amount payable to Landlord hereunder and such
waiver shall constitute an amendment or modification of this Lease with respect to such payment.
Tenant expressly covenants and agrees not to enter into any sublease or assignment which provides
for rental or other payment for such use, occupancy, or utilization based in whole or in part on
the net income or profits derived by any person from the property leased, used, occupied, or
utilized (other than an amount based on a fixed percentage or percentages of receipts or sales),
and that any such purported sublease or assignment shall be absolutely void and ineffective as a
conveyance of any right or interest in the possession, use, occupancy, or utilization of any
part of the Premises.

     Section 26.22 Time is of the Essence. Time is of the essence under this Lease.

     Section 26.23 OFAC. Tenant represents and warrants to Landlord that Tenant is not and shall
not become a person or entity with whom Landlord is restricted from doing business under any
regulations of the Office of Foreign Asset Control (“OFAC”) of the Department of the Treasury
(including, but not limited to, those named on OFAC’s Specially Designated and Blocked Persons
list) or under any statute, executive order (including, but not limited to, the September 24, 2001,
Executive Order Blocking Property and Prohibiting Transactions With Persons Who Commit. Threaten to
Commit, or Support Terrorism), or other governmental action and is not and shall not engage in any
dealings or transaction or be otherwise associated with such persons or entities.

ARTICLE 27

LETTER OF CREDIT

     Section 27.1 Form of Letter of Credit; Letter of Credit Amount. Concurrently with Tenant’s
execution of this Lease, Tenant shall deliver to Landlord, as protection for the full and faithful
performance by Tenant of all of its obligations under this Lease and for all losses and damages
Landlord may suffer as a result of any breach or default by Tenant under this Lease, in the form of
an irrevocable and unconditional negotiable standby letter of credit (the “Letter of Credit”), in
the form attached hereto as Exhibit G-Form of Letter of Credit and containing the

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terms required
herein, payable in the State, running in favor of Landlord and issued by a solvent, national
banking association with a long term rating of BBB or higher, in the amount set forth in Article 1
of this Lease (the “Letter of Credit Amount”). The Letter of Credit shall (i) be “callable” at
sight, irrevocable and unconditional (but Landlord agrees not to make any call unless there is an
Event of Default or a bankruptcy proceeding is initiated by or against Tenant), (ii) be maintained
in effect, whether through renewal or extension, for the period from the Commencement Date and
continuing until the date (the “LC Expiration Date”) that is sixty (60) days after the expiration
of the Term (as the same may be extended), and Tenant shall deliver a new Letter of Credit or
certificate of renewal or extension to Landlord at least thirty (30) days prior to the expiration
of the Letter of Credit then held by Landlord, without any action whatsoever on the part of
Landlord, (iii) be fully assignable by Landlord, its successors and assigns, (iv) permit partial
draws and multiple presentations and drawings, and (v) be otherwise subject to the Uniform Customs
and Practices for Documentary Credits (1993 Revision) International Chamber of Commerce Publication
#500. If the Term of this Lease is extended, not later than thirty (30) days prior to the
commencement of the extension Term, Tenant shall deliver to Landlord a new Letter of Credit or
certificate of renewal or extension evidencing the LC Expiration Date sixty (60) days after the
expiration of the extended Term. The form and terms of the Letter of Credit and the bank issuing
the same (the “Bank”) shall be acceptable to Landlord, in Landlord’s sole discretion. Landlord, or
its then managing agent, shall have the right to draw down an amount up to the face amount of the
Letter of Credit if any of the following shall have occurred or be applicable: (1) such amount is
due to Landlord under the terms and conditions of this Lease, or (2) Tenant has filed a voluntary
petition under the U. S. Bankruptcy Code or any state bankruptcy code (collectively, “Bankruptcy
Code”), or (3) an involuntary petition has been filed against Tenant under the Bankruptcy Code, or
(4) the Bank has notified Landlord that the Letter of Credit will not be renewed or extended
through the LC Expiration Date. The Letter of Credit will be honored by the Bank regardless of
whether Tenant disputes Landlord’s right to draw upon the Letter of Credit.

     Section 27.2 Transfer of Letter of Credit by Landlord. The Letter of Credit shall also provide
that Landlord, its successors and assigns, may, at any time and without notice to Tenant and
without first obtaining Tenant’s consent thereto, transfer (one or more times) all or any portion
of its interest in and to the Letter of Credit to another party, person or entity, regardless of
whether on not such transfer is separate from or as a part of the assignment by Landlord of its
rights and interests in and to this Lease. In the event of a transfer of Landlord’s interest in the
Building, Landlord shall transfer the Letter of Credit to the transferee and thereupon Landlord
without any further agreement between the parties, be released by Tenant from all liability
therefor, and it is agreed that the provisions hereof shall apply to every transfer or assignment
of the whole or any portion of said Letter of Credit to a new landlord. In
connection with any such transfer of the Letter of Credit by Landlord, Tenant shall, at
Tenant’s expense, execute and submit to the Bank such applications, documents and instruments as
may be necessary to effectuate such transfer, and Tenant shall be responsible for paying the Bank’s
transfer and processing fees in connection therewith.

     Section 27.3 Maintenance of Letter of Credit by Tenant. If, as a result of any drawing by
Landlord on the Letter of Credit, the amount of the Letter of Credit shall be less than

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the Letter
of Credit Amount, Tenant shall, within five (5) Business Days thereafter, provide Landlord with
additional letter(s) of credit in an amount equal to the deficiency, and any such additional
letter(s) of credit shall comply with all of the provisions of this Article, and if Tenant fails to
comply with the foregoing, notwithstanding anything to the contrary contained in Section 15.1 of
this Lease, the same shall constitute an incurable Event of Default by Tenant. Tenant further
covenants and warrants that it will neither assign nor encumber the Letter of Credit or any part
thereof and that neither Landlord nor its successors or assigns will be bound by any such
assignment, encumbrance, attempted assignment or attempted encumbrance. Without limiting the
generality of the foregoing, if the Letter of Credit expires earlier than the LC Expiration Date,
Landlord will accept a renewal thereof (such renewal letter of credit to be in effect and delivered
to Landlord, as applicable, not later than thirty (30) days prior to the expiration of the Letter
of Credit), which shall be irrevocable and automatically renewable as above provided through the LC
Expiration Date upon the same terms as the expiring Letter of Credit or such other terms as may be
acceptable to Landlord in its sole discretion. However, if the Letter of Credit is not timely
renewed, or if Tenant fails to maintain the Letter of Credit in the amount and in accordance with
the terms set forth in this Article, Landlord shall have the right to present the Letter of Credit
to the Bank in accordance with the terms of this Article, and the proceeds of the Letter of Credit
may be applied by Landlord against any Rent payable by Tenant under this Lease that is not paid
when due and/or to pay for all losses and damages incurred by Landlord as a result of any uncured
Event of Default Tenant under this Lease. Any unused proceeds shall constitute a cash security
deposit held by Landlord and need not be segregated from Landlord’s other assets. Landlord agrees
to pay to Tenant within thirty (30) days after the LC Expiration Date the amount of any proceeds of
the Letter of Credit received by Landlord and not applied against any Rent payable by Tenant under
this Lease that was not paid when due or used to pay for any losses and/or damages suffered by
Landlord (or reasonably estimated by Landlord that it will suffer) as a result of an Event of
Default by Tenant under this Lease; provided, however, that if prior to the LC Expiration Date a
voluntary petition is filed by Tenant, or an involuntary petition is filed against Tenant by any of
Tenant’s creditors, under the Bankruptcy Code, then Landlord shall not be obligated to make such
payment in the amount of the unused Letter of Credit proceeds until either all preference issues
relating to payments under this Lease have been resolved in such bankruptcy or reorganization case
or such bankruptcy or reorganization case has been dismissed.

     Section 27.4 Landlord’s Right to Draw Upon Letter of Credit. Tenant hereby acknowledges and
agrees that Landlord is entering into this Lease in material reliance upon the ability of Landlord
to draw upon the Letter of Credit upon the occurrence of any Event of Default on the part of Tenant
under this Lease. If Tenant shall breach any provision of this Lease or otherwise be in default
hereunder and such breach or default becomes an Event of Default, Landlord may, but without
obligation to do so, and without notice to Tenant, draw upon the Letter of Credit, in part or in
whole, to cure any Event of Default of Tenant and/or to compensate Landlord for any and all damages
of any kind or nature sustained or which Landlord reasonably estimates that it will sustain
resulting from Tenant’s breach or default. The use, application or retention of the Letter of
Credit, or any portion thereof, by Landlord shall not prevent Landlord from exercising any other
right or remedy provided by this Lease or by any applicable law, it being intended that Landlord
shall not first be required to proceed against the Letter of Credit, and shall not operate as a
limitation on any recovery to which Landlord may otherwise be

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entitled. Tenant agrees not to
interfere in any way with payment to Landlord of the proceeds of the Letter of Credit, either prior
to or following a “draw” by Landlord of any portion of the Letter of Credit, regardless of whether
any dispute exists between Tenant and Landlord as to Landlord’s right to draw upon the Letter of
Credit. No condition or term of this Lease shall be deemed to render the Letter of Credit
conditional to justify the issuer of the Letter of Credit in failing to honor a drawing upon such
Letter of Credit in a timely manner. Tenant agrees and acknowledges that (a) the Letter of Credit
constitutes a separate and independent contract between Landlord and the Bank, (b) Tenant is not a
third party beneficiary of such contract, (c) Tenant has no property interest whatsoever in the
Letter of Credit or the proceeds thereof, and (d) in the event
Tenant becomes a debtor under any) chapter of the
Bankruptcy Code, neither Tenant, any trustee, nor Tenant’s bankruptcy estate shall have any right
to restrict or limit Landlord’s claim and/or rights to the Letter of Credit and/or the proceeds
thereof by application of Section 502(b)(6) of the U. S. Bankruptcy Code or otherwise.

     Section 27.5 Letter of Credit Not a Security Deposit. Landlord and Tenant acknowledge and
agree that in no event or circumstance shall the Letter of Credit or any renewal thereof or any
proceeds thereof be deemed to be or treated as a “security deposit” under the laws of the State.
The parties hereto (A) recite that the Letter of Credit is not intended to serve as a security
deposit and any and all other laws, rules and regulations applicable to security deposits in the
commercial context (“Security Deposit Laws”) shall have no applicability or relevancy thereto and
(B) waive any and all rights, duties and obligations either party may now or, in the future, will
have relating to or arising from the Security Deposit Laws.

     Section 27.6 Reduction. If no Event of Default then exists and Tenant complies with the
provisions of this Section, (i) on September 1, 2010, the amount of the Letter of Credit shall be
reduced to $153,545.00, and (ii) provided the amount of the Letter of Credit shall have previously
been reduced pursuant to the preceding clause (i), on September 1, 2011 the amount of the Letter of
Credit shall be reduced to $76,772.50. The security shall be reduced as follows: Tenant shall
deliver to Landlord a consent to an amendment to the Letter of Credit (which amendment must be
reasonably acceptable to Landlord in all respects), reducing the amount of the Letter of Credit by
the amount of the permitted reduction, and Landlord shall execute such consent and such other
documents as are reasonably necessary to reduce the amount of the Letter of Credit in accordance
with the terms hereof. If Tenant delivers to Landlord a consent to an amendment to the Letter of
Credit in accordance with the terms hereof. Landlord shall, within ten (10) Business Days after
delivery of such consent, either (1) provide its reasonable objections to such amendment or (2)
execute such consent in accordance with the terms hereof.

ARTICLE 28

EXTENSION OPTION

     Section 28.1 Extension Term. Tenant shall have the right to extend the Term for the Premises
for one (1) extension term of five (5) years (the “Extension Term”) commencing on the day after the
expiration of the initial Term (the “Extension Term Commencement Date”) and ending at 11:59 p.m. on
the last day of the month in which the fifth (5th) yearly anniversary

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of the Extension Term
Commencement Date occurs, unless the Extension Term shall sooner terminate pursuant to any of the
terms of this Lease or otherwise. The Extension Term shall commence only if Tenant notifies
Landlord (the “Extension Notice”) of Tenant’s exercise of such extension right not earlier than
sixteen (16) months and not later than fourteen (14) months prior to the expiration of the initial
Term. The Extension Term shall be upon all of the agreements, terms, covenants and conditions of
this Lease, except that (y) the Fixed Rent shall be determined as provided in Section 28.3. and (z)
Tenant shall have no further right to extend the Term beyond the Extension Term. Upon the
commencement of the Extension Term, any reference to the “Term.” the “term of this Lease” or any
similar expression shall be deemed to include the Extension Term and the expiration of the
Extension Term shall become the Expiration Date. Any termination, cancellation or surrender of the
entire interest of Tenant under this Lease at any time during the Term shall terminate any right of
extension of Tenant hereunder.

     Section 28.2 Conditions to Exercise. Tenant’s exercise of any right to extend the Term for
the Extension Term shall be subject to the following conditions at the time of such exercise: (i)
this Lease is in full force and effect; (ii) no Event of Default then exists; (iii) Tenant has
timely exercised the extension option, with time being of the essence; (iv) this Lease has not been
assigned (other than to a Related Entity): and (v) Tenant or a Related Entity is occupying for the
conduct of Tenant’s and/or such Related Entity’s business therein at least seventy-five percent
(75%) of the Area of the Premises. If Tenant exercises an extension option. Tenant may not
thereafter revoke such exercise.

     Section 28.3 Extension Term Rent. The annual Fixed Rent payable during the Extension Term
shall be the annual Extension Rate for the Premises as of the commencement of the Extension Term
(the “Extension Calculation Date”), with such Extension Rate being escalated annually on each
anniversary of the Extension Calculation Date by the market escalation rate that shall be
determined as part of the determination of the Extension Rate. “Extension Rate” shall mean the fair
market annual full service rental value of the Premises as of the Extension Calculation Date for a
lease extension term equal to the Extension Term; based on comparable space in Comparable
Buildings: including all of Landlord’s services provided for in this Lease; with the Premises
considered as vacant and in “as is” condition as of the Extension Term Commencement Date; with
Tenant being required to make Tenant’s Tax Payment and Tenant’s Operating Payment pursuant to the
terms of the Lease, but the Base Year will be the calendar year in which the first day of the
Extension Term occurs; assuming the extension term rent is not set forth in the lease between the
parties; and assuming that the leased premises is unencumbered (e.g., the leased premises is not
subject to another party’s superior expansion right) and is leased under a prime lease and not a
sublease. If the Extension Rate includes any out-of-pocket monetary concession (such as a tenant
improvement allowance) to be provided by Landlord. Landlord shall have the option to either
directly provide such monetary concession or indirectly provide such monetary concession by
equitably reducing the Extension Rate by the economic value of such concession over the then
remaining Term.

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     Section 28.4 Procedure for Determining Fixed Rent. 

          (a) Landlord shall advise Tenant (the “Extension Rent Notice”) of Landlord’s determination of
the Extension Rate within ten (10) days after receiving the Extension Notice. If Tenant does not
accept Landlord’s determination of the Extension Rate, the parties shall meet and seek to reach
agreement on the Extension Rate during the thirty (30) day period that begins when Tenant receives
the Extension Rent Notice (the “Extension Negotiation Period”). If Landlord and Tenant do not
execute an agreement setting forth the Extension Rent within the Extension Negotiation Period, then
within five (5) Business Days after expiration of the Extension Negotiation Period Tenant shall be
entitled at its option to either (i) require that the Extension Rate be determined in accordance
with the arbitration procedure set forth below in this Section 28.4 or (ii) rescind its exercise of
its right to extend the Term. Failure of Tenant to timely deliver to Landlord Tenant’s written
notice of exercise Tenant’s rescission right under (ii) above shall constitute Tenant’s election
under (i) above.

          (b) If Landlord and Tenant do not agree upon the Extension Rate in writing within the
Extension Negotiation Period and Tenant has not timely rescinded its exercise of its right to
extend the Term under Section 28.4(a), such disagreement shall be resolved by arbitration in
accordance with the then prevailing Expedited Procedures of the American Arbitration Association or
its successor for arbitration of commercial disputes, except that the Expedited Procedures shall be
modified as follows:

               (i) Either party may start the arbitration process by notifying the other
party that the notifying party desires that the Extension Rate be resolved by arbitration,
which notice shall include the name and address of the person to act as the arbitrator on the
notifying party’s behalf. The arbitrator shall be a real estate broker with at least ten (10) years
full-time commercial brokerage experience who is familiar with the Extension Rate of first-class office
space in Comparable Buildings. Within ten (10) Business Days after the service of the demand
for arbitration, the receiving party shall give notice to the party demanding arbitration
specifying the name and address of the person designated by the receiving party to act as arbitrator on
its behalf, which arbitrator shall be similarly qualified. If the receiving party fails to notify
the party demanding arbitration of the appointment of the receiving party’s arbitrator within such ten
(10) Business Day period, and such failure continues for three (3) Business Days after the
demanding party delivers a second notice to the receiving party, then the arbitrator appointed by the
demanding party shall be the arbitrator to determine the Extension Rate for the Premises.

               (ii) If two (2) arbitrators are chosen pursuant to Subsection 28.4(b)(i),
the arbitrators so chosen shall meet within ten (10) Business Days after the second arbitrator
is appointed and shall seek to reach agreement on Extension Rate. If within fifteen (15) Business
Days after the second arbitrator is appointed the two (2) arbitrators do not reach agreement
on Extension Rate then the two (2) arbitrators shall appoint a third arbitrator, who shall be a
competent and impartial person with qualifications similar to those required of the first two
(2)arbitrators. If they do not agree upon such appointment within five (5) Business Days after
expiration of such fifteen (15) Business Day period, the third arbitrator shall be selected by
the parties themselves. If the parties do not agree on the third arbitrator within five (5)
Business Days after expiration of the foregoing live (5) Business Day period, then either party, on
behalf

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of both, may request appointment of such a qualified person by the then president of the
Greater Washington Commercial Association of REALTORS®, or the successor organization thereto. The
third arbitrator shall decide the dispute, if it has not been previously resolved, by following the
procedures set forth in Subsection 28.4(b)(iii). Each party shall pay the fees and expenses of its
respective arbitrator and both shall share the fees and expenses of the third arbitrator.
Attorneys fees and expenses of counsel and of witnesses for the respective parties shall be paid
by the respective party engaging such counsel or calling such witnesses.

               (iii) The Extension Rate shall be fixed by the third arbitrator in
accordance with the following procedures. Concurrently with the appointment of the third
arbitrator, each of the arbitrators selected by the parties shall state, in writing, his or
her determination of the Extension Rate supported by the reasons therefor. The third arbitrator
shall have the right to consult experts and competent authorities for factual information or
evidence pertaining to a determination of the Extension Rate, but any such determination shall be made
in the presence of both parties with full right on their part to cross-examine. The third
arbitrator shall conduct such hearings and investigations as he or she deems appropriate and shall,
within thirty (30) days after being appointed, select which of the two (2) proposed determinations
most closely approximates his or her determination of the Extension
Rate. The third arbitrator
shall have no right to propose a middle ground or any modification of either of the two proposed
determinations. The determination he or she chooses as that most closely approximating his or
her determination of the Extension Rate shall constitute the decision of the third arbitrator
and shall be final and binding upon the parties. The third arbitrator shall render the decision in
writing with counterpart copies to each party. The third arbitrator shall have no power to add
to or modify the provisions of this Lease. Promptly following receipt of the third arbitrator’s
decision, the parties shall enter into an amendment to this Lease confirming the Extension
Rate, but the failure of the parties to do so shall not affect the effectiveness of the third
arbitrator’s
determination.

               (iv) In the event of a failure, refusal or inability of any arbitrator to act,
his or her successor shall be appointed by him or her. but in the case of the third
arbitrator, his or
her successor shall be appointed in the same manner as that set forth herein with respect to
the appointment of the original third arbitrator.

               (v) If the Fixed Rent payable during the Extension Term is not
determined prior to the Extension Term Commencement Date. Tenant shall continue to pay
Fixed Rent in an amount equal to the rentable square foot rate payable for the last Lease Year
of the initial Term (the “Extension Interim Rent”). Upon final determination of the Fixed Rent
for the Extension Term. Tenant shall commence paying such Fixed Rent as so determined, and
within ten (10) days after such determination Tenant shall pay any deficiency in prior
payments of Fixed Rent or, if the Fixed Rent as so determined shall be less than the Extension Interim
Rent. Tenant shall be entitled to a credit against the next succeeding installments of Fixed
Rent in an amount equal to the difference between each installment of Extension Interim Rent and
the Fixed Rent as so determined which should have been paid for such installment until the total
amount of the over payment has been recouped.

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     Section 28.5 Rent for Ancillary Space.  Any provision of this Lease to the contrary
notwithstanding, if Tenant leases any storage, rooftop, antenna, generator or other space under
this Lease and Tenant’s lease of such space will continue during the Extension Term, then, unless
the Lease expressly sets forth the means for determining the rent or other charges for such space
during the Extension Term, the rent or such other charges for such space during the Extension Term
shall be the Extension Rate for such space and shall be determined by the same parties, using the same
procedures and at the same time that such parties are determining the Extension Rate of the
Premises.

[SIGNATURES FOLLOW]

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     IN WITNESS WHEREOF, Landlord and Tenant have executed this Lease as of the day and year first
above written.

LANDLORD:

TYSONS INTERNATIONAL PLAZA I & II, L.P.,

a Delaware limited partnership

	 	 	 	 	 
	 	 
	By:  	/s/ Michael B. Benner
 	 
	 	Name:  	Michael B. Benner 	 
	 	Title:  	Vice President and Secretary 	 

TENANT:

ELOQUA
LTD.

	 	 	 	 	 
	 	 
	By:  	/s/
Donald E. Clarke	 
	 	Name:  	Donald E. Clarke	 
	 	Title:  	CFO 	 

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Exhibit A

Floor
Plan

The floor plan which follows is intended solely to identify the general location of the
Premises, and should not be used for any other purpose. All areas, dimensions and locations are
approximate, and any physical conditions indicated may not exist as shown.

	TYSONS INTERNATIONAL PLAZA 1921 GALLOWS ROAD VIENNA, VIRGINIA SECOND FLOOR PLAN

 

 

Exhibit A-1

Land

(Tysons International Plaza)

All of that land, situated, lying and being in Fairfax County. Virginia, which is described as
follows:

Part One:

Beginning at the point of intersection of the southerly right-of-way line of Boone Boulevard. Route
786 and the easterly right-of-way line of Gallows Road, Route 650; thence departing from said line
of Gallows Road and running along and with the said line of Boone Boulevard the following two (2)
courses:

South 54° 37’ 51” East, 543.23 feet to a point; thence,

28.24 feet along the arc of a curve deflecting to the right and having a radius of 18.00 feet and a
chord bearing and distance of South 09° 41’ 08’ East, 25.43 feet to a point in the westerly
right-of-way line of Aline Avenue, Route 3402; thence departing from said line of Boone Boulevard
and running along and with the said line of Aline Avenue the following seven (7) courses:

South
35° 15’ 39” West, 163.75 feet to a point, thence,

South
43° 52’ 28” West, 76.78 feet to a point; thence,

127.72 feet along the arc of a curve deflecting to the right and having a radius of 103.55 feet and
a chord bearing and distance of South 70° 35’ 47” West, 119.78 feet to a point; thence,

94.56 feet along the arc of a curve deflecting to the left and having a radius of 500.44 feet and a
chord bearing and distance of North 79° 28’ 54” West, 94.42 feet to a point; thence,

North 05° 06’ 19” East, 8.50 feet to a point; thence,

120.63 feet along the arc of a curve deflecting to the left and having a radius of 508.94 feet and
a chord bearing and distance of South 88° 18’ 53”
West, 120.35 feet to a point; thence,

49.72 feet along the arc of a curve deflecting to the right and having a radius of 38.00 feet and a
chord bearing and distance of North 60° 59’ 34” West. 46.25 feet to a point in the aforesaid
easterly right-of-way line of Gallows Road; thence departing from said line of Aline Avenue and
running along and with the said line of Gallows Road the following three (3) courses:

508.47 feet along the arc of a curve deflecting to the right and having a radius of 590.62 feet and
a chord bearing and distance of North 01° 09’ 13”
East, 492.91 feet to a point; thence,

 

 

North 35° 18’33” East, 37.35 feet to a point: thence.

North
89° 12’32” East, 34.79 feet to the point of beginning.

Containing
210,911 square feet or 4.84185 acres of land, more or less.

Part Two:

Beginning at the point of intersection of the westerly right-of-way line of Aline Avenue, Route
3402 and the northerly right-of-way line of Gallows Road. Route 650; thence departing from said
line of Aline Avenue and running along and with the said line of Gallows Road the following four
(4) courses:

28.75 feet along the arc of a curve deflecting to the left and having a radius of 212.00 feet and a
chord bearing and distance of North 49°58’23” West, 28.73 feet to a point; thence.

99.67 feet along the arc of a curve deflecting to the right and having a radius of 578.62 feet and
a chord bearing and distance of North 48°55’25” West, 99.55 feet to a point; thence.

80.06 feet along the arc of a curve deflecting to the right and having a radius of 33.00 feet and a
chord bearing and distance of North 25°30’53” East, 61.82 feet to a point; thence.

North 05°01’05” East, 8.50 feet to a point in the southerly right-of-way line of Relocated Aline
Avenue. Route 3402; thence departing from said line of Gallows Road and running along and with the
said line of Relocated Aline Avenue the following two (2) courses:

81.04 feet along the arc of a curve deflecting to the right and having a radius of 425.44 feet and
a chord bearing and distance of South 79°31 ‘30” East, 80.91 feet to a point; thence.

82.56 feet along the arc of a curve deflecting to the left and having a radius of 178.55 feet and a
chord bearing and distance of South 87°18’51” East, 81.82 feet to a point in the aforesaid westerly
right-of-way line of Aline Avenue; thence departing from said line of Relocated Aline Avenue and
running along and with the said line of Aline Avenue,

South 35°15’39” West, 158.72 feet to the point of beginning.

Containing 15,995 square feet or 0.3672 of an acre, more or less.

Part Three:

Beginning at a point in the southerly right-of-way line of Gallows Road. Route 650, said point also
being the north easterly corner of Tysons Square Office Condo; thence departing from Tysons Square
Office Condo and running along and with the said line of Gallows Road the following two (2)
courses:

 

 

106.24 feet along the are of a curve deflecting to the left and having a radius of  674.12 feet and a chord bearing and distance of South 13°29’50” East, 106.13 feet to a
point; thence.

83.02 feet along the arc of a curve deflecting to the right and having a radius of 56.50 feet and a
chord bearing and distance of South 24°04’52” West. 75.75 feet to a point in the northerly
right-of-way line of Old Courthouse Road, Route 677; thence departing from said line of Gallows
Road and running along and with the said line of Old Courthouse Road the following two (2) courses:

51.85 feet along the arc of a curve deflecting to the right and having a radius of 55.33 feet and a
chord bearing and distance of North 86°58’42” West, 49.98 feet to a point; thence.

North 60°07’51” West. 52.60 feet to a point in the easterly line of the aforesaid Tysons Square
Office Condo property; thence departing from said line of Old Courthouse Road and running along and
with the said line of Tysons Square Office Condo,

North 35°18’33” East, 175.88 feet to the point of beginning.

Containing 12.175 square feet or 0.2795 of an acre, more or less.

All three parts combined to total 239,079 square feet or 5.4885 acres, more or less.

Part Four:

All of the Grantor’s interest in and to any streets and roads abutting the above-described premises
to the center lines thereof, as described in and subject to the terms of that certain Order of
Abandonment from the Board of Supervisors of Fairfax County dated November 23, 1987. recorded in
Deed Book 6914, Page 559 Recorder’s Office, Fairfax County, Virginia, that certain Deed from MN
Properties, Inc. to McCandless Joint Venture, Inc. dated December 29, 1997. recorded in Deed Book
10223, Page 1798 Recorder’s Office, Fairfax County, Virginia, and that certain Confirmatory and
Corrective Deed from MN Properties to 485 Properties, LLC, as successor by merger to McCandless
Joint Venture, Inc. dated December 31, 1997, recorded in Deed Book 10429. Page 1511 Recorder’s
Office, Fairfax County, Virginia, and more particularly described as follows:

The westerly one-half of that portion of abandoned Aline Avenue, adjacent to T.M. Parcel
039-2-02-d1, and being more particularly described as follows:

Beginning at the point of intersection of the southeasterly right-of-way line of Aline Avenue.
Route 3402 and the easterly line of the herein described Part Two; thence departing from said point
and running along the Right-of-Way line of Aline Avenue the following course:

31.76 feet along the arc of a curve deflecting to the left and having a radius of 178.55 feet and a
chord bearing and distance of North 74 degrees 20’ 39” East, 31.72 feet to a point; thence, leaving
Aline Avenue and running with LR GALLOWS, LLC,

 

 

South 35 degrees 15’ 27” West, 186.73 feet to a point; thence, leaving LR GALLOWS, LLC, running
along the northerly Right-of-Way line of Gallows Road the following two courses:

11.48 feet along the arc of a curve deflecting to the right and having a radius of 188.00 feet and
a chord bearing and distance of North 45 degrees 17’ 06” West, 11.48 feet to a point: thence,

8.79 feet along the arc of a curve deflecting to the left and having a radius of 212.00 feet and a
chord bearing and distance of North 44 degrees 54’ 00”
East, 8.79 feet to a point; thence, along
the easterly line of the aforesaid Part Two

North 35 degrees 15’39” East, 158.72 feet to the point of beginning.

Containing 3.440 square feet or 0.0790 of an acre, more or less.

Tax Parcel Numbers:

	 	 	 	 	 
	Part One
	 	0392 02 Bl	 	 
	Part Two
	 	0392 02 Dl	 	 
	Part Three
	 	0392 02 C1	 	 
	Part Four
	 	0392 02 D2	 	 

 

 

Exhibit B

Definitions

     Base Building Systems: The structural components of the Building and the mechanical,
electrical, plumbing, sanitary, sprinkler, heating, ventilation and air conditioning, security,
life-safety and other service systems or facilities of the Building up to the point of connection
for localized distribution to the Premises (it being agreed that supplemental HVAC systems of
tenants, and the mechanical, electrical, plumbing, sanitary, sprinkler, heating, ventilation and
air conditioning, security, life-safety and other service systems or facilities of the Building
from the point of connection to the base Building risers, feeders, panelboards,  etc. for localized
distribution to the Premises are not Base Building Systems) and the mechanical, electrical,
plumbing, heating, ventilation and air conditioning, elevators and other service systems or
facilities servicing the Common Areas.

     Base Rate: The annual rate of interest publicly announced from time to time by Citibank, N.A.,
or its successor, in New York, New York as its “base rate” or “prime rate” (or such other term as
may be used by Citibank. N.A., from time to time, for the rate presently referred to as its “base
rate”).

     Business
Days: All days, excluding Saturdays, Sundays, Holidays and other days normally
observed as holidays by landlords of other Comparable Buildings.

     Business Hours: 8:00 a.m. to 6:00 p.m. on weekdays and 9:00 a.m. to 1:00 p.m. on Saturdays,
excluding Holidays.

     Code: The Internal Revenue Code of 1986, as amended, and the regulations promulgated
thereunder, as amended.

     Common Areas: The lobby, the Parking Facility, driveways, any rooftop terrace, fitness or
health center, plaza and sidewalk areas and other similar areas of general access at the Building
or designated for the benefit of Building tenants and the areas on multi-tenant floors in the
Building devoted to corridors, elevators, elevator lobbies, restrooms (other than those that are
wholly contained within a tenant’s premises), and other similar facilities serving the Premises.

     Comparable Buildings: First-class office buildings of comparable age and size in the Tysons
Corner submarket of Northern Virginia.

     Deficiency: The difference between (a) the Fixed Rent and Additional Rent for the period which
otherwise would have constituted the unexpired portion of the Term (assuming the Additional Rent
for each year thereof to be the same as was payable for the year immediately preceding such
termination or re-entry), and (b) the net amount, if any, of rents collected under any reletting
effected pursuant to the provisions of the Lease for any part of such period (after first deducting
from such rents all reasonable expenses incurred by Landlord in connection with the termination of
this Lease, Landlord’s re-entry upon the Premises and such reletting, including repossession costs,
brokerage commissions, attorneys’ fees and disbursements, and alteration costs).

 

 

     Excluded Expenses: (a) Taxes; (b) transfer taxes or any franchise, income, estate or
inheritance taxes imposed upon Landlord: (c) payments of principal or interest on any mortgage or
other encumbrance including ground lease payment and points, commissions and legal fees associated
with financing; (d) leasing commissions, legal fees, advertising costs and other related expenses
incurred in connection with the leasing space within the Building or Project; (e) the cost of
tenant installations, alterations, renovations and decorations incurred in connection with
preparing space for any Building tenant, including but not limited to work letters and concessions,
permits, license and inspection fees related thereto; (I) rental payments made under any ground
lease, except to the extent such rental payments represent Taxes or the provision of goods and/or
services that, if provided by Landlord, would be includable in Operating Expenses; (g) management
fees to the extent in excess of three percent (3%) of the gross rentals and other revenues
collected for the Building; (h) landlord’s general overhead expenses, executive salaries of
Landlord and the wages, salaries and benefits paid to or taxes paid for service personnel to the
extent that such service personnel perform services not solely in connection with the management,
operation, maintenance and repairs of the Building or Common Areas; (i) legal and accounting fees
and other expenses incurred in connection with or relating to (A) disputes with tenants,
prospective tenants or other occupants of the Building,  (B) disputes with purchasers, prospective
purchasers, mortgagees or prospective mortgagees of the Building or the Project or any part of
either. (C) negotiations of leases, contracts of sale or mortgages, or (D) defense of Landlord’s
title to or interest in the Building or any part thereof; (j) costs of any utilities, amenities,
service or increased levels of service provided to a tenant of the Building that are not provided
or are above the level provided to Tenant (including any overtime premiums to perform such work or
services); (k) costs that are reimbursed out of insurance, warranty or condemnation proceeds, or
for which Landlord should be reimbursed by Tenant or other tenants other than pursuant to an
expense escalation clause: (1) costs in the nature of penalties or fines; (m) costs for services,
supplies or repairs paid to any related entity in excess of costs that would be payable in an
“arm’s length” or unrelated situation for comparable services, supplies or repairs; (n) allowances,
concessions or other costs and expenses of improving or decorating any demised or demisable space
in the Building: (o) any appraisal, advertising and promotional activities for the Building or
Project; (p) the costs of installing, operating and maintaining a specialty improvement, including
a cafeteria, lodging or private dining facility, or an athletic, luncheon or recreational club
unless Tenant is permitted to make use of such facility without additional cost or on a subsidized
basis consistent with other users; (q) any costs or expenses (including fines, interest, penalties
and legal fees) arising out of Landlord’s failure to timely pay Operating Expenses, Taxes or any
other obligation of Landlord; (r) any costs or expense incurred in connection with the removal,
testing for, transportation or storage of Hazardous Materials from the Project, Building or
Premises, including but not limited to the encapsulation or other treatment of asbestos: (s) the
cost of capital improvements other than those expressly included in Operating Expenses pursuant to
Section 7.1; (t) depreciation and amortization of capital improvements, except to the extent
included in Section 7.1; (u) costs incurred by Landlord for the original development and
construction of the Building; (v) any costs actually reimbursed under any service contracts or
under the warranty of any general contractor, subcontractor or supplier and realized by Landlord;
(w) fees paid by Landlord to the Operator; (x) damages and repairs attributable to condemnation,
fire or other casualty; (y) damage and repairs necessitated by the

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negligence or willful misconduct
of Landlord or its agents, employees or contractors; (z) costs incurred to correct latent defects
in the design, materials or workmanship of the Building or Common Area existing on the Effective
Date or of correcting any violations of any applicable Requirements which violations exist as of
the Effective Date; (aa) costs incurred due to violation by Landlord or any other tenant in the
Building or Project of the terms and conditions of any lease; (bb) charitable or political
contributions; (cc) acquisition costs for sculpture, paintings or other objects of art; and (dd)
any other cost or expense which, under generally accepted accounting principles, would not be
normal and customary operating expenses in Comparable Buildings.

     Governmental Authority: The United States of America, the State or any political subdivision,
agency, department, commission, board, bureau or instrumentality of any of the foregoing, now
existing or hereafter created, having jurisdiction over the Real Property.

     Hazardous Materials: Any substances, materials or wastes currently or in the future deemed or
defined in any Requirement as “hazardous substances,” “toxic substances,” “contaminants,”
“pollutants” or words of similar import.

     Holidays: New Year’s Day, Memorial Day, Independence Day, Labor Day, Thanksgiving day and
Christmas day.

     HVAC System: The Base Building System designed to provide heating, ventilation and air
conditioning.

     Landlord Party(ies): Landlord,  Landlord’s Agent, each Mortgagee and Lessor, and each of their
respective direct and indirect partners, officers, shareholders, directors, members, managers,
trustees, beneficiaries, employees, principals, contractors, servants, agents, and representatives.

     Lease Year: The first (1st) Lease Year shall begin on the first Commencement Date to occur and
shall end on the last day of the calendar month preceding the month in which the first (1st))
anniversary of such Commencement Date occurs. Each succeeding Lease Year shall commence on the day
following the end of the preceding Lease Year and shall extend for twelve (12) consecutive months;
provided, however, that the last Lease Year shall expire on the Expiration Date.

     Lessor: A lessor under a Superior Lease.

     Losses: Any and all losses, liabilities, damages, claims, judgments, fines, suits, demands,
costs, interest and expenses of any kind or nature (including reasonable attorneys’ fees and
disbursements) incurred in connection with any claim, proceeding or judgment and the defense
thereof, and including all costs of repairing any damage to the Premises or the Building or the
appurtenances of any of the foregoing to which a particular indemnity and hold harmless agreement
applies.

-3-

 

     Mortgage(s): Any mortgage, trust indenture or other financing document which may now or
hereafter affect the Premises, the Real Property, the Building or any Superior Lease and the
leasehold interest created thereby, and all renewals, extensions, supplements, amendments,
modifications, consolidations and replacements thereof or thereto, substitutions therefor, and
advances made thereunder.

     Mortgagee(s): Any mortgagee, trustee or other holder of a Mortgage.

     Prohibited Use: Any use or occupancy of the Premises that in Landlord’s reasonable judgment
would: (a) cause damage to the Building or any equipment, facilities or other systems therein; (b)
interfere with the efficient and economical maintenance, operation and repair of the Premises or
the Building or the equipment, facilities or systems thereof; (c) adversely affect any service
provided to, and/or the use and occupancy by, any Building tenant or occupants; (d) violate the
certificate of occupancy issued for the Premises or the Building; (e) result in protests or civil
disorder or commotion at, or other disruptions of the normal business activities in, the Building,
or (f) breach any covenants, conditions and/or restrictions now or hereafter of record with respect
to the Building. Prohibited Use also includes the use of any part of the Premises for: (i) a
restaurant or bar; (ii) the preparation, consumption, storage, manufacture or sale of food or
beverages (except in connection with vending machines (provided that each machine, where necessary,
shall have a waterproof pan thereunder and be connected to a drain) and/or warming kitchens
installed for the use of Tenant’s employees only), liquor, tobacco or illicit drugs; (iii) the
business of photocopying, multilith or offset printing (except photocopying in connection with
Tenant’s own business); (iv) a school or classroom; (v) lodging or sleeping; (vi) the operation of
retail facilities (meaning a business whose primary patronage arises from the generalized
solicitation of the general public to visit Tenant’s offices in person without a prior appointment)
of a savings and loan association or retail facilities of any financial, lending, securities
brokerage or investment activity; (vii) a payroll office serving persons whose primary place of
work is not the Premises; (viii) a barber, beauty or manicure shop; (ix) an employment agency or
similar enterprise; (x) offices of any Governmental Authority, any foreign government, the United
Nations, or any agency or department of the foregoing; (xi) the manufacture, retail sale, storage
of merchandise or auction of merchandise, goods or property of any kind to the general public which
could reasonably be expected to create a volume of pedestrian traffic substantially in excess of
that normally encountered in the Premises; (xii) the rendering of medical, dental or other
therapeutic or diagnostic services; (xiii) any illegal purposes or any activity constituting a
nuisance: or (xiv) a use that might be reasonably anticipated to attract a volume, frequency or
type of visitor or employee to the Building which is not consistent with the standards of a high
quality office building or that will impose an excessive demand on or use of the facilities or
services of the Building.

     Requirements: All present and future laws, rules, orders, ordinances, regulations, statutes,
requirements, codes and executive orders, extraordinary and ordinary of (i) all Governmental
Authorities, including the Americans With Disabilities Act, 42 U.S.C. §12101 (et seq.), and any law
of like import, and all rules, regulations and government orders with respect thereto, and any of
the foregoing relating to Hazardous Materials, environmental matters, public

-4-

 

health and safety
matters and landmarks protection, (ii) any applicable fire rating bureau or other body exercising
similar functions, affecting the Real Property or the maintenance, use or occupation thereof, or
any street, avenue or sidewalk comprising a part of or in front thereof or any vault in or under
the same, (iii) all requirements of all insurance bodies affecting the Premises, and (iv) utility
service providers.

     Rules and Regulations: The rules and regulations annexed to and made a part of this Lease as
Exhibit E-Rules and Regulations, as they may be reasonably modified from time to time by Landlord.

     Specialty Alterations: Alterations which are not standard office installations, such as
kitchens (other than a pantry installed for the use of Tenant’s employees only and of the type
normally found in the space of office tenants in Comparable Buildings), executive bathrooms, raised
computer floors, computer room installations, supplemental HVAC equipment and components, safe
deposit boxes, vaults, libraries or file rooms requiring reinforcement of floors, internal
staircases, slab penetrations, conveyors, dumbwaiters, non-Building standard life safety systems,
security systems or lighting and other Alterations of a similar character. All Specialty
Alterations are Above Building Standard Installations.

     State: The slate, commonwealth or other applicable governmental district (e.g., the
Commonwealth of Virginia) in which the Building is located.

     Substantial Completion: As to any construction performed by any party, “Substantial
Completion” or “Substantially Completed” means that such work has been completed, as reasonably
determined by Landlord’s architect, in accordance with (a) the provisions of this Lease applicable
thereto, and (b) the plans and specifications for such work, except for any Punch List work.

     Superior Lease(s): Any ground or underlying lease of the Real Property or any part thereof
heretofore or hereafter made by Landlord and all renewals, extensions, supplements, amendments,
modifications, consolidations, and replacements thereof.

     Tenant Delay(s): To the extent that Landlord has an obligation to design, construct, repair,
rebuild, restore, install, order, obtain or complete any Tenant Improvements or any other items or
improvements at the Building, a delay in Landlord’s completion thereof caused by:

          a. Tenant’s request for value engineering or any changes to any drawings,
plans or specifications for the Premises (notwithstanding Landlord’s approval of such changes)
after Landlord and Tenant have approved such drawings, plans or specifications;

          b. Tenant’s request for improvements, items, materials, finishes or
installations that are not consistent with the standards to which the Base Building Systems
have been designed or with Landlord’s Building-standard build-out standards;

-5-

 

          c. Tenant’s request for improvements, items, materials, finishes or
installations that are not available as needed to meet Landlord’s (or Landlord’s contractor’s)
schedule for Substantial Completion, provided that Landlord (or Landlord’s contractor’s) shall
notify Tenant of any potential long lead items to the extent known to Landlord (or Landlord’s
contractor’s) at the time such material, finish or installation is requested or as soon as
reasonably possible thereafter;

          d. Tenant’s request for or design of Tenant Improvements (other than those
set forth in Exhibit C-Work Agreement) that include items or improvements not typically found
in the office space at Comparable Buildings;

          e. the ordering, delivery or installation of any of Tenant’s Equipment (as
defined in Exhibit C-Work Agreement);

          f. if Tenant’s architect or designer prepares any drawings, plans or
specifications for the Premises, any such drawings, plans or specifications being (i) incomplete,
inaccurate or otherwise deficient, or (ii) deviating from the approved space plan, applicable
code requirements and/or any Requirements;

          g. Tenant’s or Tenant’s architect’s, agent’s, representative’s or contractor’s
interference with the work of Landlord or Landlord’s contractor;

          h. Tenant’s failure to fully and timely comply with the deadlines and other
terms set forth in the Lease and/or Exhibit C-Work Agreement;  or

          i. any other act or omission by Tenant or any employee, architect, agent,
representative or contractor of Tenant constituting a Tenant Delay under the terms of this Lease
or any exhibit, rider, annex, schedule, work letter or other document or agreement entered in
connection with this Lease, attached to this Lease or incorporated in this Lease by reference.

     Tenant Party(ies): Tenant and any subtenants or occupants of the Premises and their respective
agents, contractors, subcontractors, employees, invitees or licensees.

     Tenant’s Property: Tenant’s movable fixtures and movable partitions, telephone and other
equipment, computer systems, trade fixtures, furniture, furnishings,  Tenant’s Equipment and other
items of personal property which are removable without material damage to the Premises or the
Building.

     Unavoidable Delays: Either party’s inability to fulfill or a delay in fulfilling any of its
obligations under this Lease expressly or impliedly to be performed by such party (other than the
obligation of Tenant or Landlord to pay any amount of money, including Tenant’s obligation to pay
Rent, due under the Lease to the other when due), including either party’s inability to make or
delay in making any repairs, additions, alterations, improvements or decorations or Landlord’s

-6-

 

inability to supply or delay in supplying any equipment or fixtures, if such inability or delay is
due to or arises by reason of strikes, labor troubles or by accident, or by any cause whatsoever
beyond such party’s reasonable control, including governmental preemption in connection with a
national emergency, permitting and inspection delays beyond the normal applicable waiting period,
Requirements or shortages, or unavailability of labor, fuel, steam, water, electricity or
materials, or delays caused by Tenant or other tenants, mechanical breakdown, acts of God,  enemy
action, civil commotion, fire or other casualty.

-7-

 

Exhibit C

Work Agreement

     This Work Agreement is a part of the Lease to which it is attached. In the event of any
conflict between the terms of this Work Agreement and the terms of the Lease, the terms of this
Work Agreement shall control.

Article 1 — Definitions

     1. Definitions.

     1.1 “Base Building Plans” means the base building plans and specifications for the Building
(or the portion of the Building applicable to the Premises).

     1.2 “Business Day” has the meaning given such term in the Lease.

     1.3 “Cabling Costs” means the cost of purchasing and installing Tenant’s voice, data and other
low-voltage wiring and cabling in the Premises.

     1.4 “Change Order” means any change in any of Tenant’s Plans after Landlord has approved any
such plan and/or any change in the work or materials to be included in the Tenant Improvements.

     1.5 “Commencement Date” has the meaning given such term in the Lease.

     1.6 “Comparable Building” has the meaning given such term in the Lease.

     1.7 “Contractor” means the general contractor selected by Tenant in accordance with the terms
of this Work Agreement to construct and install the Tenant Improvements.

     1.8 “Construction Costs” means all costs in the demolition, construction and installation of
the Tenant Improvements and acquiring the materials for the Tenant Improvements.

     1.9 “Effective Date” has the meaning given such term in the Lease.

     1.10 “Engineers” means the mechanical, electrical, plumbing and structural and engineers and
other licensed third-parties selected by Tenant to assist in the preparation of Tenant’s Plans.

     1.11 “Essential Subs” means those subcontractors to be specifically designated by Landlord
acting reasonably for purposes of working on the Building mechanical, energy management,
structural, exterior windows (including window removal and reinstallation for hoisting purposes),
roof (excluding HVAC). sprinkler and fire and life safety systems.

     1.12 “Final Space Plan” means a detailed space plan for the Tenant Improvements prepared by
Tenant’s Architect, which space plan shall be substantially in conformance with the

C-1

 

Preliminary Plan approved by Landlord and any updates or changes thereto approved by Landlord
and shall contain the information and otherwise comply with the requirements set forth on Annex
2 attached hereto.

     1.13 “Furniture Costs” means, collectively, the cost of purchasing, delivering and installing
systems and free-standing furniture in and to the Premises.

     1.14 “improvement Costs” means, collectively, (i) the Planning Costs; (ii) the Construction
Costs; and (iii) Landlord’s Fee.

     1.15 “Landlord’s Contribution” has the meaning given such term in the Lease.

     1.16 “Landlord’s Fee” means a fee payable to Landlord equal to one percent (1%) of the sum of
the Planning Costs and the Construction Costs, plus Landlord’s actual out-of-pocket third party
review costs and fees.

     1.17 “Landlord Improvements” [Intentionally omitted]

     1.18 “Landlord’s Representative” means Marianne Burkart, whose address is Tishman Speyer
Properties, 1875 Eye Street, NW, Suite 300. Washington DC 20006, whose email is
mburkart@tishmanspeycr.com. whose telephone number is (202) 420-2139.

     1.19 “Moving Costs” means all costs related to Tenant’s physical move into the Premises.

     1.20 “Permits” means all necessary permits in connection with the Tenant Improvements.

     1.21 “Planning Costs” means all architectural, space planning, engineering and other costs
related to the design of the Tenant Improvements including, without limitation, the fees of
Tenant’s Architect, the Engineers and the professionals preparing and/or reviewing Tenant’s Plans
(or any of them).

     1.22 “Plans and Specifications” means all architectural plans, construction drawings and
specifications necessary and sufficient (i) for the construction of the Tenant Improvements in
accordance with the Final Space Plan and (ii) to enable the Contractor to obtain all necessary
Permits for the construction of the Tenant Improvements, and which shall contain the information
and otherwise comply with the requirements set forth on Annex 3 attached hereto.

     1.23 “Preliminary Plan” means a preliminary space plan prepared by Tenant’s Architect showing
the general layout of the Premises upon completion of the Tenant Improvements, which space plan
shall contain the information and otherwise comply with the requirements set forth on Annex 1
attached hereto.

     1.24 “Punch List Work” means minor details of construction, decoration and mechanical
adjustment, if any, the noncompletion of which do not materially interfere with the use of the
relevant portion of the Building.

C-2

 

     1.25 “Requirements” has the meaning given such term in the Lease.

     1.26 “Substantial Completion” has the meaning given such term in the Lease.

     1.27 “Tenant’s Architect” means the architect engaged by Tenant to design the Tenant
Improvements and prepare Tenant’s Plans.

     1.28 “Tenant’s Contractors” means Contractor and all subcontractors and subsubcontractors
(including the Essential Subs) who will work on the Tenant Improvements.

     1.29 “Tenant’s Equipment” means any telephone, telephone switching, telephone and data
cabling, furniture, computers, servers, security systems, audio-visual systems,  Tenant’s trade
fixtures and other personal property to be installed by or on behalf of Tenant in the Premises.

     1.30 “Tenant Improvements” means the improvements set forth in Tenant’s Plans as approved by
Landlord in accordance with the terms of this Work Agreement.

     1.31 “Tenant’s Plans” means the Preliminary Plan, the Final Space Plan and the Plans and
Specifications.

     1.32 “Tenant’s Representative” means Don Clarke, whose address is Eloqua Ltd., Suite 250, 1921
Gallows Road, Vienna, Virginia, whose email is don.clarke@eloqua.com and whose telephone
number is (703) 584-2822.

     1.33 “Unavoidable Delay” has the meaning given such term in the Lease.

     Capitalized terms used but not defined in this Work Agreement shall have the meanings given
such terms in the Lease.

Article 2 — Plans

     2.1 Tenant’s Architect and Engineers. Tenant has or will retain Tenant’s Architect to
design the Tenant Improvements and prepare Tenant’s Plans. Tenant’s Architect and the Engineers
shall be subject to Landlord’s reasonable approval, which approval shall not be unreasonably
withheld, conditioned or delayed.

     2.2 Preliminary Plan. Within ten (10) Business Days after the Effective Date, Tenant
shall deliver the Preliminary Plan to Landlord for Landlord’s approval. Within ten (10) Business
Days after Tenant delivers the Preliminary Plan to Landlord, Landlord shall advise Tenant of
Landlord’s approval or disapproval of the Preliminary Plan (which disapproval shall specify
Landlord’s objections in sufficient detail so that Tenant can make the necessary revisions to
satisfy such objections). Within three (3) Business Days after Landlord notifies Tenant of
Landlord’s objections. Tenant shall revise the proposed Preliminary Plan to address Landlord’s
objections and deliver the revised Preliminary Plan to Landlord for Landlord’s approval. Within
three (3) Business Days after Tenant delivers the revised Preliminary Plan to Landlord, Landlord
shall advise Tenant of Landlord’s approval or disapproval of the revised Preliminary Plan (which
disapproval shall specify Landlord’s objections in sufficient detail so that Tenant can make the
necessary revisions to satisfy such objections). Tenant and Landlord shall continue to follow the

C-3

 

revision, delivery and notice of objections procedure and schedule set forth above until Landlord
approves the Preliminary Plan. Landlord will not unreasonably withhold its approval of the
Preliminary Plan.

     2.3 Final Space Plan. Within twenty (20) Business Days after Landlord approves the
Preliminary Plan, Tenant expects to deliver the Final Space Plan to Landlord for Landlord’s
approval. Within ten (10) Business Days after Tenant delivers the Final Space Plan to Landlord,
Landlord shall advise Tenant of Landlord’s approval or disapproval of the Final Space Plan (which
disapproval shall specify Landlord’s objections in sufficient detail so that Tenant can make the
necessary revisions to satisfy such objections). Tenant shall then revise the proposed Final Space
Plan to meet Landlord’s objections and deliver the revised Final Space Plan to Landlord for
Landlord’s approval. Within ten (10) Business Days after Tenant delivers the revised Final Space
Plan to Landlord, Landlord shall advise Tenant of Landlord’s approval or disapproval of the revised
Final Space Plan (which disapproval shall specify Landlord’s objections in sufficient detail so
that Tenant can make the necessary revisions to satisfy such objections). Tenant and Landlord shall
continue to follow the revision, delivery and notice of objections procedure and schedule set forth
above until Landlord approves the final Space Plan. Landlord will not unreasonably withhold its
approval of the Final Space Plan.

     2.4 Plans and Specifications. Tenant shall deliver the Plans and Specifications to
Landlord for Landlord’s approval. Within twelve (12) Business Days after Tenant delivers the Plans
and Specifications to Landlord, Landlord shall advise Tenant of Landlord’s approval or disapproval
of the Plans and Specifications (which disapproval shall specify Landlord’s objections in
sufficient detail so that Tenant can make the necessary revisions to satisfy such objections).
Tenant shall then revise the proposed Plans and Specifications to meet Landlord’s objections and
deliver the revised Plans and Specifications to Landlord for Landlord’s approval. Within five (5)
Business Days after Tenant delivers the revised Plans and
Specifications to Landlord, Landlord
shall advise Tenant of Landlord’s approval or disapproval of the revised Plans and Specifications
(which disapproval shall specify Landlord’s objections in sufficient detail so that Tenant can make
the necessary revisions to satisfy such objections). Tenant and Landlord shall continue to follow
the revision, delivery and notice of objections procedure and schedule set forth above until
Landlord approves the Plans and Specifications. Landlord will not unreasonably withhold its
approval of the Plans and Specifications.

     2.5 Changes to Plans.

          (a) In the event of any Change Order or in the event that Landlord determines that any of
Tenant’s Plans have not been prepared in accordance with the requirements of this Work Agreement,
Tenant shall be solely responsible for all costs and expenses and for all delays in occupancy by
Tenant (which shall not delay the Commencement Date or the Rent Commencement Date) resulting
therefrom including, without limitation, costs or expenses relating to (i) any additional
architectural or engineering services and related design expenses: (ii) any architectural or
engineering costs incurred by Landlord in connection with its review of such requested change;
(iii) any changes to materials in process of fabrication; (iv) cancellation or modification of
supply or fabricating contracts; (v) removal or alteration of work or plans completed or in
process; or (vi) delay claims made by Contractor.

C-4

 

          (b) Except with respect to Non-Material Changes, no changes shall be made to any of Tenant’s
Plans and no Change Orders shall be implemented without the prior written approval of Landlord,
which approval shall not be unreasonably withheld, conditioned or delayed. “Non-Material Changes”
means changes to Tenant’s Plans that (i) do not involve any structural change to or component of
the Building; (ii) would not be reasonably anticipated to materially and adversely affect any Base
Building System; and (iii) do not include changes that would be readily visible from outside of the
Premises. Although Tenant will not be required to obtain Landlord’s approval of Non-Material
Changes, Tenant shall promptly provide Landlord with a copy of any changes to Tenant’s Plans and/or
Change Order for Non-Material Changes. All Change Orders shall be in writing and shall be on such
AIA form as is required by Landlord and/or Contractor. Tenant shall evidence in writing its
approval of any Change Order prior to requesting Landlord’s approval of same.

     2.6 General Plan Provisions.

          (a) Tenant shall cause (i) Tenant’s Plans to comply with all applicable Requirements; (ii)
Tenant’s Plans to be prepared by Tenant’s Architect and the Engineers in accordance with the terms
of this Work Agreement and in conformity with the base Building systems (including, without
limitation, the base Building HVAC, mechanical, electrical, plumbing and life safety systems);
(iii) the Plans and Specifications to be sufficient to enable Contractor (with respect to the Plans
and Specifications) to obtain all necessary Permits; and (iv) the Plans and Specifications to be
prepared using the AutoCAD Computer Assisted Drafting and Design System, using naming conventions
issued by the American Institute of Architects in June, 1990 and magnetic computer media of such
drawings and specifications translated in convertible DWG format. Tenant shall cause Tenant’s Plans
not to include any Tenant Improvements that will or that reasonably might be anticipated to (1)
interfere with the normal operation of the Building, Building operations, or the Base Building
Systems; (2) materially increase maintenance or utility charges for operating the Building in
excess of the standard requirements for Comparable Buildings, or (3) affect the exterior or
structure of the Building.

          (b) Any
provision of this Work Agreement or the Lease to the contrary notwithstanding,
Landlord’s approval of the Plans and Specifications shall not constitute an assurance by Landlord
that the Plans and Specifications satisfy any applicable Requirements or are sufficient to enable
the Contractor to obtain a building permit for the undertaking of the Tenant Improvements. If
Landlord notifies Tenant at any time that the Plans and Specifications must be revised due to their
failure to comply with the terms of this Work Agreement, such revisions shall be made at Tenant’s
expense and any delay arising in connection therewith shall constitute a Tenant delay and shall not
postpone or delay the Rent Commencement Dale or otherwise give rise to any claim or cause of action
against Landlord.

          (c) Tenant acknowledges that Landlord has furnished Tenant with a set of the Base Building
Plans pertaining to the Premises to assist Tenant in preparing Tenant’s Plans. Landlord does not
warrant the accuracy of such Base Building Plans and Landlord shall have no liability to Tenant or
anyone claiming through Tenant as a result of any inaccuracy in the Base Building Plans. Prior to
making or installing any of the Tenant Improvements. Tenant shall perform a field verification to
independently determine the existing conditions, specifications and dimensions of the Premises and
any variances from the Base Building Plans.

C-5

 

          (d) Tenant has appointed Tenant’s Representative for purposes of granting any consents or
approvals by Tenant under this Work Agreement and for authorizing and executing any and all Change
Orders or other documents in connection with this Work Agreement and Landlord shall have the right
to rely on Tenant’s Representative’s consent, approval, authorization or execution as aforesaid.

          (e) Landlord has appointed Landlord’s Representative for purposes of granting any consents or
approvals by Landlord under this Work Agreement and for authorizing and executing any and all
Change Orders or other documents in connection with this Work Agreement and Tenant shall have the
right to rely on Landlord’s Representative’s consent, approval, authorization or execution as
aforesaid.

          (f) Tenant shall reimburse Landlord for all reasonable out-of-pocket costs incurred by
Landlord in reviewing any proposed Tenant Plans and Change Orders within thirty (30) days after
Tenant’s receipt of an invoice therefor.

     2.7 Notices. Landlord’s and Tenant’s respective addresses for notices given under this
Work Agreement are set forth in Article 1 of the Lease. Notices given under this Work Agreement
shall be sent in accordance with the provisions of Article 22-Notices of the Lease, except Landlord
shall also endeavor to send a courtesy notice to Tenant’s
Representative(s) via email and Tenant
shall also endeavor to send a courtesy notice to Landlord’s Representative(s) via email.

Article 3 — Construction

     3.1 Landlord Improvements. Except as might be expressly set forth herein to the
contrary,  Landlord has no obligation to do any other work or pay any amounts with respect to the
Premises.

     3.2 Tenant Improvements. Tenant shall, at Tenant’s expense, Substantially Complete the
Tenant Improvements in a good and workmanlike manner and in accordance with the terms of this Work
Agreement not later than August 31, 2010. Except to the extent that the Plans and Specifications
provide otherwise,  Tenant will cause the Tenant Improvements to be constructed of new materials
commensurate with the level of improvements for a typical first-class tenant in Comparable
Buildings and to satisfy, at a minimum, the minimum build-out standards established from time to
time by Landlord for the Building.

     3.3 General Contractor. Tenant shall enter into a contract for construction of the
Tenant Improvements with a general contractor. The general contractor shall be subject to
Landlord’s approval, such approval not to be unreasonably withheld, conditioned or delayed, and
upon such selection and approval such general contractor shall be the “Contractor” under this Work
Agreement. Tenant’s construction contract with the Contractor shall be subject to Landlord’s prior
approval, such approval not to be unreasonably withheld, conditioned or delayed. The Contractor
shall be responsible for all required construction, management and supervision of the Tenant
Improvement work.

     3.4 Subcontractors. Landlord shall have the right to approve Tenant’s subcontractors,
such approval not to be unreasonably withheld, conditioned or delayed.

C-6

 

     3.5 Certain Essential Work. All Tenant Improvement connections or tie-ins to the base
Building energy management, sprinkler and fire and life safety systems shall be performed at
Tenant’s expense by the applicable Essential Sub. All Tenant Improvement work relating to the
Building exterior walls and windows (including window removal and reinstallation for hoisting
purposes), and the roof (excluding HVAC). shall be performed at Tenant’s expense by the applicable
Essential Sub. Landlord shall provide Tenant with a list of the Essential Subs.

     3.6 Permits. Prior to commencement of the Tenant Improvements, Tenant shall, at
Tenant’s expense, obtain the Permits.

     3.7 Pre-Construction Deliveries. Not fewer than five (5) days prior to commencement of
construction of the Tenant Improvements, Tenant shall deliver the following information and items
to Landlord:

          (a) the names and addresses of Tenant’s Contractors;

          (b) the schedule for commencement of construction, the estimated date of Substantial
Completion, the fixturing work and the date on which Tenant will commence occupancy of the Premises
for the conduct of Tenant’s business;

          (c) Tenant’s itemized statement of the estimated Improvement Costs;

          (d) certificates of insurance evidencing all insurance coverage required under the Lease and
this Work Agreement; and

          (e) a copy of the Permits.

     3.8 Tenant’s Equipment. Tenant, at Tenant’s expense, shall be responsible for ordering
and for the delivery and installation of Tenant’s Equipment.

     3.9 Post Construction Activities. Prior to Tenant’s use or occupancy of the Premises
or any portion thereof and Landlord’s disbursement of any
portion of the Retainage, Tenant shall,
at Tenant’s expense, deliver to Landlord a copy of the certificate of occupancy and all other
certifications and approvals with respect to the Tenant Improvements that may be required from any
governmental authority and/or any board or fire underwriters or similar body for the use and/or
occupancy of the Premises; and certificates of insurance evidencing all insurance coverage required
under the Lease and this Work Agreement.

     3.10 General Construction Provisions.

          (a) Any damage caused by Tenant’s Contractors to any portion of the Building or to any
property of Landlord or other tenants shall be repaired forthwith after written notice from
Landlord to its condition prior to such damage by Tenant at Tenant’s expense.

          (b) Tenant and Tenant’s Contractors shall access the Premises via the Building freight
elevator, work in harmony and not interfere with the performance of other work in the Building.

C-7

 

          (c) If at any time such entry shall cause, or in Landlord’s reasonable judgment threaten to
cause, such disharmony or interference, Landlord may terminate such permission upon 24 hours’
notice to Tenant, and thereupon, Tenant or its employees, agents, contractors, and suppliers
causing such disharmony or interference shall immediately withdraw from the Premises and the
Building until Landlord reasonably determines such disturbance no longer exists.

          (d) Tenant shall comply with and cause Tenant’s Contractors to comply with the rules and
regulations attached hereto as Annex 5-Construction Rules and Regulations and such
other reasonable rules and regulations as Landlord from time to time establishes concerning
construction work in the Building.

     3.11 Special Provisions Regarding the Demising Work. Tenant acknowledges that as of
the Effective Date of the Lease, the New 2nd Floor Premises has not been (i) separately
demised from the balance of the suite of which is currently a part, or (ii) connected to the
Existing 2nd Floor Premises by means of a doorway or other physical connection. In
connection with Tenant’s leasing of the Premises, Tenant agrees to construct (i) a new
code-compliant demising wall in the location as shown on Annex 6 attached hereto and made a
part hereof (the “New Demising Wall”), and (ii) a new doorway connecting the New 2nd
Floor Premises to the Existing 2nd Floor Premises (collectively, the “Demising Work”),
which Demising Work shall be undertaken by the Contractor as part of the Tenant Improvements.
Tenant shall bear the cost of the Demising Work, subject to the application of Landlord’s
Contribution. The scope of work for the Demising Work shall be subject to Landlord’s review and
approval in connection with its review and approval of Tenant’s Plans for the Tenant Improvements,
but with respect to the face of the New Demising Wall that is not within the interior of the
Premises. Tenant is required to finish such face of the New Demising Wall to a “paint ready” level
of finish. Tenant agrees (i) to pursue with all due diligence the issuance of the Permits required
in connection with the performance of the Demising Work, and (ii) to complete the Demising Work
within the forty-five (45) day period following the Commencement Date for the New 2nd
Floor Premises. If Tenant fails to complete the Demising Work within such forty-five (45) day
period. Landlord’s sole remedy shall be to undertake and complete such Demising Work, or any
portion thereof as Landlord may deem necessary for the leasing of the balance of the 2nd
floor, and to deduct the cost thereof from Landlord’s Contribution or to require Tenant to
reimburse Landlord for such costs within thirty (30) days after Tenant’s receipt of an invoice(s)
for such costs.

Article 4 — Improvement Costs and Landlord’s Contribution

     4.1 Improvement Costs. Tenant shall be responsible for the full and timely payment of
all Improvement Costs, subject to Landlord’s disbursement of Landlord’s Contribution as provided in
this Work Agreement. Landlord shall make disbursements from Landlord’s Contribution (which shall be
made directly to Tenant’s vendors for unpaid invoices and/or directly to Tenant for reimbursement
for Tenant-paid invoices) as invoices are rendered to Landlord, provided that Landlord has received
partial or final (as applicable) lien waivers and such other documentation as Landlord may
reasonably require from the party requesting such payment. Landlord shall have the right to deduct
Landlord’s Fee from Landlord’s Contribution as and when Landlord makes disbursements from
Landlord’s Contribution. Tenant agrees that Landlord’s Contribution must be applied relatively
proportionately towards the payment of Improvements Costs for the entire Premises.

C-8

 

     4.2 Landlord’s Contribution. Landlord shall disburse an amount not to exceed
Landlord’s Contribution toward the Improvement Costs.

     4.3 Disbursement of Landlord’s Contribution.

          (a) Landlord shall make progress payments to Tenant from Landlord’s Contribution for the work
performed during the previous month, less a retainage of ten percent (10%) of each progress payment
(“Retainage”),  such that if all conditions set forth in this Exhibit to Landlord’s obligation to
make a progress payment have been satisfied and (i) the invoice for which Tenant seeks a progress
payment states that the Retainage has been deducted from the total amount owed, the progress
payment will be for entire amount that is then payable under such invoice, and (ii) the invoice for
which Tenant seeks a progress payment does not state that the Retainage has been deducted from the
total amount owed, the progress payment will be for ninety percent (90%) of the invoiced amount.
Prior to disbursement of the first progress payment,  Landlord shall have received a copy of
Tenant’s construction contract with the Contractor and Tenant’s budget (showing all Improvement
Costs) for the Tenant Improvements. Each progress payment shall be limited to that fraction of the
total amount of such payment, the numerator of which is the amount of Landlord’s Contribution and
the denominator of which is the total contract price (or, if there is no specified or fixed
contract price for the Tenant Improvements, then Landlord’s reasonable estimate thereof) for the
performance of all of the Tenant Improvements shown Tenant’s Plans as approved by Landlord.

          (b) Prior to disbursement of the first progress payment,  Landlord shall have approved Tenant’s
construction contract with the Contractor and Tenant’s budget (showing all Improvement Costs) for
the Tenant Improvements, such approvals not to be unreasonably withheld, conditioned or delayed.

          (c) If Landlord receives Tenant’s request (together with the supporting documentation required
hereunder) for a disbursement from Landlord’s Contribution on or before the seventeenth
(17th)
day of a month.  Landlord will make such disbursement not later than on the last
day of the first calendar month following the calendar month during which Landlord received such
request. If Landlord receives Tenant’s request (together with the supporting documentation required
hereunder) for a disbursement from Landlord’s Contribution after the seventeenth (17th)
day of a month, Landlord will make such disbursement not later than on the last day of the second
calendar month following the calendar month during which Landlord received such request. Each of
Tenant’s requisitions for a disbursement from Landlord’s Contribution shall be signed by Tenant’s
Representative, shall set forth the names of each contractor and subcontractor to whom payment is
due or for which Tenant seeks reimbursements for payments made by Tenant and the amount thereof,
and shall be accompanied by:

               (i) with respect to the first requisition, copies of conditional waivers and releases of lien
upon progress payment in such form as Landlord reasonably requires from all of Tenant’s Contractors
and material suppliers covering all work and materials for which the progress payment is being
made, and after the first requisition, copies of conditional waivers and releases of lien upon
progress payment in such form as Landlord reasonably requires from all of Tenant’s Contractors and
material suppliers covering all work and materials for which the

C-9

 

progress payment is being made,
together with copies of unconditional waivers and releases of lien upon progress payment in such
form as Landlord reasonably requires from all of Tenant’s Contractors and material suppliers
covering all work and materials which were the subject of previous progress payments by Landlord
and Tenant;

               (ii) Tenant’s Architect’s written certification that the work for which the requisition is
being made has been Substantially Completed in accordance with the Plans and Specifications; and

               (iii) such other documents and information as Landlord may reasonably request.

          (d) Landlord shall disburse the Retainage upon submission by Tenant to Landlord of Tenant’s
requisition therefor accompanied by all documentation required above, together with:

               (i) Tenant’s Architect’s written certification of final completion of the Tenant Improvements
in accordance with the Plans and Specifications. In addition, Landlord with the opportunity to
inspect the Premises so that Landlord can be reasonably satisfied of the final completion of the
Tenant Improvements in accordance with the Plans and Specifications;

               (ii) a copy of the certificate of occupancy and all other certifications and approvals with
respect to the Tenant Improvements that may be required from any Governmental Authority and/or any
board or fire underwriters or similar body for the use and/or occupancy of the Premises;

               (iii) final waivers and releases of lien in such form as Landlord reasonably requires from all
of Tenant’s Contractors and material suppliers;

               (iv) certificates of insurance evidencing all insurance coverage required under the Lease and
this Work Agreement;

               (v) a copy of each guaranty, warranty and O&M manual applicable to the Tenant Improvements. At
Landlord’s request,  Tenant shall enforce, at Tenant’s expense, all guarantees and warranties made
with respect to the Tenant Improvements; and

               (vi) final “as built” plans (five (5) sets) and certified air balance reports for the
Premises. The “as-built” plans shall be prepared on the AutoCAD Computer Assisted Drafting and
Design System, using naming conventions issued by the American Institute of Architects in June,
1990 and magnetic computer media of such drawings and specifications translated in convertible DWG
format.

     4.4 Special Application of Landlord’s Contribution. If any portion of Landlord’s
Contribution remains after final payment of all Improvement Costs, such remaining portion (but not
in excess of $15.00 per square foot of the Area of the Premises) shall, at Tenant’s written
election delivered to Landlord no later than February 1, 2010, be applied towards (i) Tenant’s
Planning Costs, Cabling Costs and Moving Costs, and/or (ii) the payment of the Fixed Rent next
coming due under the Lease; and to the extent that such remaining
portion exceeds $15.00 per square
foot of the Area of the Premises, such excess amount shall be retained by and belong to Landlord.

C-10

 

     4.5 Additional Rent. All amounts payable by Tenant pursuant to this Work Agreement
shall be deemed to be Additional Rent for purposes of the Lease.

     4.6 Conditions to Advance. Any provision of the Lease or this Work Agreement to the
contrary notwithstanding, Landlord shall have no obligation to make any payment or disbursement
from Landlord’s Contribution (i) if the Lease is not in full force and effect or there exists any
Event of Default;  (ii) for any deposit or off-site prefabrication, whether for Tenant Improvements,
Tenant’s Equipment or otherwise; (iii) for any Tenant Improvements that are not in place at the
Premises; or (iv) for any Tenant’s Equipment not located at the Premises.

     4.7 Failure to Pay Contractors. Any provision of the Lease or this Work Agreement to
the contrary notwithstanding, assuming Landlord funds disbursement requests in accordance with the
terms of this Work Agreement, if Tenant does not pay any of Tenant’s Contractors or material
suppliers;  Landlord shall have the right, but not the obligation, to promptly pay to such
contractor or supplier all sums so due from Tenant, and Tenant agrees the same shall be deemed
Additional Rent and shall be paid by Tenant within ten (10) days after Landlord delivers to Tenant
an invoice therefor.

     4.8 Excess Costs. If Landlord reasonably determines at any time that the Improvement
Costs exceed or might exceed the remaining Landlord’s Contribution (the  “Excess Cost” ), Tenant
shall pay such Excess Cost to Landlord within thirty (30) days after Tenant’s receipt of a written
request therefor. Once Landlord has received the Excess Cost payment and the full amount of the
Excess Cost held by Landlord has been used to pay Improvement Costs, Landlord shall apply the
remaining Landlord’s Contribution towards payment of the Improvement Costs.

C-11

 

Annex 1

Requirements for Preliminary Space Plan

Floor plans showing partition arrangement including the following information:

	 	a.	 	space plan showing the general layout of offices, open plan areas and special
tenant areas;
	 
	 	b.	 	typical individual work station layouts;
	 
	 	c.	 	identify the extent of each department on each floor;
	 
	 	d.	 	show door locations and door swings in partitions;
	 
	 	e.	 	identify general location and size of interconnecting stairs;
	 
	 	f.	 	indicate preliminary furniture layout for typical offices and work stations,
conference rooms, employee lounge, reception area, training room and print room;
	 
	 	g.	 	indicate locations for coffee rooms and shower rooms; and
	 
	 	h.	 	preliminary locations for built-in millwork.

Annex 1-1

 

Annex 2

Requirements for Final Space Plan

     Floor plans, together with related information for mechanical, electrical and plumbing design
work, showing partition arrangement (3 sets), including without limitation the following
information:

	 	a.	 	identify the location of conference rooms and density of occupancy;
	 
	 	b.	 	indicate the density of occupancy for all rooms, except individual use rooms
such as offices;
	 
	 	c.	 	identify the location of any food service areas or vending equipment rooms;
	 
	 	d.	 	identify areas, if any, requiring 24 hour air conditioning;
	 
	 	e.	 	indicate those partitions that are to extend from floor to underside of
structural slab above or require special acoustical treatment;
	 
	 	f.	 	identify the location of rooms for telephone equipment other than Building core
telephone closet, identify type of equipment for these rooms;
	 
	 	g.	 	identify the locations and types of plumbing required for toilets (other than
core facilities), sinks, drinking fountains, etc.;
	 
	 	h.	 	indicate light switches in offices, conference rooms and all other rooms in the Premises;
	 
	 	i.	 	indicate the layouts for specially installed equipment, including computer and
duplicating equipment, the size and capacity of mechanical and electrical services
required and heat rejection of the equipment;
	 
	 	j.	 	indicate the location of: (A) electrical receptacles one hundred twenty (120)
volts, including receptacles for wall clocks, and telephone outlets and their respective
locations (wall or floor), (B) electrical receptacles for use in the operation of
Tenant’s business equipment which requires 208 volts or separate electrical circuits.
(C) electronic calculating and CRT systems, etc.. and (D) special audio-visual
requirements;
	 
	 	k.	 	indicate proposed layout and location of any of special equipment (e.g., fire
suppression equipment for computer room);
	 
	 	l.	 	indicate the swing of each door;
	 
	 	m.	 	indicate any special file systems to be installed which would require special
construction; and
	 
	 	n.	 	lighting layouts for each floor.

Annex 2-1

 

Annex 3

Requirements for Plans and Specifications

     Final architectural detail and working drawings, finish schedules and related plans (3
reproducible sets) including without limitation the following information and/or meeting the
following conditions:

	 	a.	 	specifications of all materials, colors and suppliers/manufacturers of
wallcoverings, floor coverings, ceiling systems, window coverings and other finishes;
all millwork shall be fully detailed to the appropriate level for pricing and
construction; all specialty items shall be identified as particular products; and
paintings and decorative treatment required to complete all construction;
	 
	 	b.	 	complete, finished, detailed mechanical, electrical, plumbing and structural
plans and specifications for the Tenant Improvements, including but not limited to the
fire and life safety systems and all work necessary to connect any special or non-
standard facilities to the Building’s base mechanical systems; and
	 
	 	c.	 	all final floor plans must be drawn to a scale of one-eighth (1/8) inch to one
(1) foot except for larger scaled detailed drawings. Any architect or designer acting
for or on behalf of Tenant shall be deemed to be Tenant’s agent in all respects with
respect to the design and construction of the Premises.

Annex 3-1

 

Annex 4

[intentionally omitted]

Annex 4-1

 

Annex 5

Construction Rules and Regulations

	 	1.	 	Tenant and/or the general contractor will supply Landlord with a copy of all permits prior to
the start of any work.
	 
	 	2.	 	Tenant and/or the general contractor will post the building permit on a wall of the
construction site while work is being performed.
	 
	 	3.	 	The Tenant shall provide, in writing, prior to commencement of the work, the names and
emergency numbers of all subcontractors, the general contractor superintendent, general
contractor’s project manager and the Project Manager.
	 
	 	4.	 	No construction is to be started until the drawings required under the Work Letter have been
submitted and approved in writing by Landlord.
	 
	 	5.	 	Landlord is to be contacted by Tenant when work is completed for inspection. All damage to
building will be determined at that time unless determined earlier.
	 
	 	6.	 	Any work that is to be performed in other than Tenant’s Premises must be reviewed and
scheduled in advance with the Landlord.
	 
	 	7.	 	Landlord will be notified of all work schedules of all workmen on the job and will be
notified, in writing, in advance, of names of those who may be working in the building after
“normal” business hours.
	 
	 	8.	 	Construction personnel must carry proper identification at all times.
	 
	 	9.	 	All workers are required to wear a shirt, shoes, and full length trousers.
	 
	 	10.	 	Landlord must approve all roof top equipment and placement. All penetrations must be cut and
flashed by the roof warranty holder of the existing roof system.
	 
	 	11.	 	Landlord shall designate contractor-parking areas (if any).
	 
	 	12.	 	Contractor must notify Landlord two days prior to an independent air balancing service by a
certified air balance company. Landlord’s building engineer will accompany the contractor
during their work. Landlord must receive a copy of the final approved balance report.
	 
	 	13.	 	Before Landlord makes final payment, three (3) sets of as-built and all O&M manuals as well
as a CADD disc must be submitted to Landlord.
	 
	 	14.	 	The general contractor and Tenant shall be responsible for all loss of their materials and
tools and, except to the extent the same is a result of the negligence or willful misconduct
of Landlord or the Landlord Parties, shall hold Landlord harmless for such loss and from any
damages or claims resulting from the work.

Annex 5-1

 

	 	15.	 	The general contractor shall maintain insurance coverage throughout the job of a type(s), and
in amounts set forth under the Lease. Prior to the commencement of work, a Certificate of
Insurance must be submitted with the limits of coverage per the limits noted in the Lease with
such parties being named as additional insureds as Landlord requires from time to time.
	 
	 	16.	 	All key access, fire alarm work, or interruption of security hours must be arranged with the
Landlord.
	 
	 	17.	 	Proper supervision shall be maintained at the job site at all times and Tenant’s workmen,
mechanics and contractors must not unreasonably interfere with the Buildings operations or
Landlord. Tenant’s workmen, mechanics and contractors shall use good faith efforts to work in
harmony with and shall not unreasonably interfere with any labor employed by the property
manager or any other Tenant, or their workmen, mechanics and contractors.
	 
	 	18.	 	Landlord is to be notified in advance of all ties into Base Building Systems, welding, or any
work affecting the base building or other tenant spaces unless agreed to otherwise, all
tie-ins to base building fire alarm systems are performed by Landlord, designated contractor
and cost borne by Tenant.
	 
	 	19.	 	The following work, of which Landlord is to be notified in advance, must be done on overtime
and not during normal business hours once any portion of the building is occupied (by tenants
other than the property management office):

	 	 	 	o Demolition which per building manager’s judgment may cause disruption to other
tenants.
	 
	 	 	 	o Oil base painting (on multi-tenant floors)
	 
	 	 	 	o Gluing of carpeting (on multi-tenant floors)
	 
	 	 	 	o Shooting of studs for mechanical fastenings
	 
	 	 	 	o Testing of life safety system, sprinkler
tie-ins.
	 
	 	 	 	o Work performed in occupied spaces.
	 
	 	 	 	o Welding, brazing, soldering and burning with proper fire protection and ventilation.
	 
	 	 	 	o Other activities that, in building manager’s reasonable judgment, may disturb other
tenants.

	 	20.	 	All building shutdowns — electrical, plumbing, HVAC equipment, fire and life-safety must be
coordinated with Landlord in advance. Landlord’s and Factory Mutual procedures for hot work,
fire alarm and sprinkler shutdowns must be followed. Landlord’s on-site engineer will detail
the requirements summarized below:

Annex 5-2

 

	 	 	 	o 	 	Smoke detectors must be bagged or cleaned daily and placed back in service at the
end of each day.
	 
	 	 	 	o 	 	Call outs for fire alarm and sprinkler systems must be made with and only with
Landlord’s personnel and with the attached forms. All systems must be put back into
service at the end of each work day and working correctly.
	 
	 	 	 	o 	 	Hot work, i.e., torch burning/cutting and welding must be permitted through
Landlord’s personnel and contractor must use Landlord’s form.
	 
	 	 	 	o 	 	When welding, contractor shall provide a fused disconnect switch for connection to
building power supply and a Fire Watch.
	 
	 	 	 	o 	 	Forms are to be provided at kickoff meeting.

	 	21.	 	Fire extinguishers supplied by the general contractor must be on the job-site at all times
during demolition and construction
	 
	 	22.	 	No building materials are to enter the building by way of main lobby, and no materials are to
be stored in any lobbies or fire stairs at any time.
	 
	 	23.	 	Contractors or personnel will use loading dock area for all deliveries and will not use the
loading dock for vehicle parking.
	 
	 	24.	 	Passenger elevators shall not be used for moving building materials and shall not be used for
construction personnel except in the event of an emergency. The designated freight elevator
and one or more protected passenger elevators are the only elevators to be used for moving
materials and construction personnel. These elevators may be used only when they are
completely protected as reasonably determined by Landlord’s building engineer.
	 
	 	25.	 	Protection of hallway carpets, wall coverings, and elevators from damage with masonite board,
carpet, cardboard, or pads is required. They may be removed from time to time as reasonably
requested by the Landlord.
	 
	 	26.	 	Public spaces, corridors, elevators, bathrooms, lobby, etc. must be cleaned after use.
Construction debris or materials found in public areas will be removed at Tenant’s cost.
	 
	 	27.	 	Contractors will remove their trash and debris daily or as often as necessary to maintain
cleanliness in the building. Building trash containers are not to be used for construction
debris. Landlord reserves the right to bill Tenant for any cost incurred to clean up debris
left by the general contractor or any subcontractor (other than Contractor). Further, the
building staff is instructed to hold the driver’s license of any employee of the contractor
while using the freight elevator to ensure that all debris is removed from the elevator.
	 
	 	28.	 	All construction materials or debris must be stored within the project confines or in an
approved lock-up.

Annex 5-3

 

	 	29.	 	Contractors will be responsible for daily removal of waste foods, milk and soft drink
containers, etc. to trash room and will not use any building trash receptacles but trash
receptacles supplied by them.
	 
	 	30.	 	Construction personnel are not to eat in the lobby or in front of building nor are they to
congregate in the lobby or in front of building.
	 
	 	31.	 	There will be no smoking, eating, or open food containers in the elevators, carpeted areas or
public lobbies.
	 
	 	32.	 	There will be no alcohol or controlled substances allowed or tolerated.
	 
	 	33.	 	There will be no yelling or boisterous activities.
	 
	 	34.	 	Radios shall not be played on job site, except that radios shall be permitted until the first
tenant occupies any portion of the Building. In any event, radio volume shall be kept to a
reasonable level as reasonably determined by Landlord.
	 
	 	35.	 	Landlord shall grant access to the base building electrical, telephone and mechanical rooms.
	 
	 	36.	 	No utilities (electricity, water, gas, plumbing) or services to the tenants are to be cut off
or interrupted without first having requested, in writing, and secured, in writing, the
permission of Landlord (which shall not be unreasonably withheld, conditioned or delayed).
	 
	 	37.	 	No electrical services are to be put on the emergency circuit, without specific written
approval from Landlord (which shall not be unreasonably withheld, conditioned or delayed).
	 
	 	38.	 	When utility meters are installed, the general contractor must provide the property manager
with a copy of the operating instructions for that particular meter.
	 
	 	39.	 	All public areas such as elevator lobbies, corridors, toilets and service halls shall be
protected with masonite and other such materials to the satisfaction of the building
manger/representative or representative.
	 
	 	40.	 	Trash and debris resulting from the work shall be confined to either the interior of the
space under construction or an on-site dumpster. If it is a dumpster. then such debris shall
be kept within the confines of the dumpster. The general contractor shall coordinate the
location of the dumpster with the landlord and plywood shall be used to protect the surface
from damage.
	 
	 	41.	 	Contractor is responsible to keep the construction area safe and in a workmanlike manner.
Machinery noise shall not interfere with the peaceful enjoyment of any tenant or their
invitees to the building. No smoking in the building will be allowed at any time.

Annex 5-4

 

	 	42.	 	Clear access to be provided at all times to stairwells, mechanical/electrical equipment and
rooms, elevators, fire hoses, valves, fire dampers and maintenance sensitive equipment.
	 
	 	43.	 	Adequate lighting is to be provided in construction areas to achieve a safe working
environment.
	 
	 	44.	 	A Tenant valve tag chart shall be submitted to the Landlord.
	 
	 	45.	 	All piping and wiring systems shall be adequately supported from building structure.
	 
	 	46.	 	The cleaning of condenser water pipes shall be done in the presence of the Landlord’s
representative with the chemical used per the building’s chemical treatment company’s
recommendation.
	 
	 	47.	 	All mechanical and electrical equipment shall have permanent identification labels affixed.
	 
	 	48.	 	Kitchen exhaust access doors must be clearly identified and accessible for periodic
inspection as required by law.
	 
	 	49.	 	All telecommunication cabling in common areas, mechanical equipment rooms, etc. shall be
installed in an enclosed raceway and shall be identified.
	 
	 	50.	 	All air handlers, CAV boxes and VAV boxes need pre-filters (construction filters) installed
over filter bank and may require periodic changes during the construction period until each
floor is complete at which time a change out of filters is required. All units will be
required to be cleaned thoroughly if the system is contaminated and this procedure is not
maintained.
	 
	 	51.	 	All mechanical, telephone, electrical and pump room floors must be painted at the end of the
job. Damaged, stained or new walls and pipe, etc. must be painted to match existing pipes and
new pipes must match Landlord’s standard colors.
	 
	 	52.	 	After all tenant construction is complete, the elevator systems need to be cleaned by the
elevator service provider at tenant contractor’s expense. This includes rails, pits, tops of
cabs, machine rooms.

Annex 5-5

 

Annex 6

Location of New Demising Wall and

Connecting Doorway to be Constructed by Tenant

[*to be attached]

Annex 6-1

 

Exhibit D

Cleaning Specifications

GENERAL CLEANING

NIGHTLY

General Offices:

	1.	 	All hard surfaced flooring to be swept using approved dustdown preparation.
	 
	2.	 	Carpet sweep all carpets, moving only light furniture (desks, file cabinets, etc. not to be
moved).
	 
	3.	 	Hand dust and wipe clean all furniture, fixtures and window sills.
	 
	4.	 	Empty all waste receptacles and remove wastepaper.
	 
	5.	 	Wash clean all Building water fountains and coolers.
	 
	6.	 	Sweep all private stairways.

Lavatories:

	1.	 	Sweep and wash all floors, using proper disinfectants.
	 
	2.	 	Wash and polish all mirrors, shelves, bright work and enameled surfaces.
	 
	3.	 	Wash and disinfect all basins, bowls and urinals.
	 
	4.	 	Wash and disinfect all toilet seats.
	 
	5.	 	Hand dust and clean all partitions, tile walls, dispensers and receptacles in lavatories and
restrooms.
	 
	6.	 	Empty paper receptacles, fill receptacles and remove wastepaper.
	 
	7.	 	Fill toilet tissue holders.
	 
	8.	 	Empty and clean sanitary disposal receptacles.

WEEKLY

	1.	 	Vacuum all carpeting and rugs.

D-1

 

	2.	 	Dust all door louvers and other ventilating louvers within a person’s normal reach.
	 
	3.	 	Wipe clean all brass and other bright work.

QUARTERLY

High dust premises complete including the following:

	1.	 	Dust all pictures, frames, charts, graphs and similar wall hangings not reached in nightly
cleaning.
	 
	2.	 	Dust all vertical surfaces, such as walls, partitions, doors, door frames and other surfaces
not reached in nightly cleaning.
	 
	3.	 	Dust all venetian blinds.
	 
	4.	 	Wash all windows.

D-2

 

Exhibit E

Rules and Regulations

     1. Nothing shall be attached to the outside walls of the Building. Other than Building
standard blinds, no curtains, blinds, shades, screens or other obstructions shall be attached to or
hung in or used in connection with any exterior window or entry door of the Premises, without the
prior reasonable consent of Landlord (which shall not be unreasonably withheld, conditioned or
delayed).

     2. No sign, advertisement, notice or other lettering visible from the exterior of the Premises
shall be exhibited, inscribed, painted or affixed to any part of the Premises without the prior
written consent of Landlord (which shall not be unreasonably withheld, conditioned or delayed). All
lettering on suite entry doors shall be inscribed, painted or affixed in a size, color and style
reasonably acceptable to Landlord.

     3. The grills, louvers, skylights, windows and doors that reflect or admit light and/or air
into the Premises or Common Areas shall not be covered or obstructed by Tenant except as set forth
in item 1 above, nor shall any articles be placed on the window sills, radiators or convectors.

     4. Landlord shall have the right to prohibit any advertising by any Tenant which, in
Landlord’s reasonable opinion, tends to impair the reputation of the Building, and upon written
notice from Landlord, Tenant shall refrain from or discontinue such advertising.

     5. The Common Areas shall not be obstructed or encumbered by any Tenant or used for any
purposes other than ingress of egress to and from the Premises and for delivery of merchandise and
equipment in a prompt and efficient manner, using elevators and passageways designated for such
delivery by Landlord.

     6. All locks and deadbolts of any kind shall be operable by the Building’s Master Key. No
locks shall be placed upon any of the doors or windows by Tenant, nor shall any changes be made in
locks or the mechanism thereof which shall make such locks inoperable by the Building’s Master Key.
Tenant shall, upon the termination of its Lease, deliver to Landlord all keys of stores, offices
and lavatories, either furnished to or otherwise procured by Tenant and in the event of the loss of
any keys furnished by Landlord, Tenant shall pay to Landlord the cost thereof.

     7. Tenant shall keep the entrance door to the Premises closed at all times.

     8. All movement in or out of any freight, furniture, boxes, crates or any other large object
or matter of any description must take place during such times and in such elevators as Landlord
may reasonably prescribe. Landlord reserves the right to inspect all articles to be brought into
the Building and to exclude from the Building all articles which violate any of these Rules and
Regulations or the Lease. Landlord may require that any person leaving the public areas of the
Building with any article to submit a pass, signed by an authorized person, listing each article
being removed, but the establishment and enforcement of such requirement shall not
impose any responsibility on Landlord for the protection of any Tenant against the removal of property from
the Premises.

E-1

 

     9. All hand trucks shall be equipped with rubber tires, side guards and such other safeguards
as Landlord may reasonably require.

     10. Except as might be expressly permitted under the Lease, no Tenant Party shall be permitted
to have access to the Building’s roof, mechanical, electrical or telephone rooms without permission
from Landlord, which permission will not be unreasonably withheld, conditioned or delayed. The
foregoing notwithstanding. Tenant Parties will be given access to and a non-exclusive right to use
the Building’s roof deck, which access and use shall be subject to such rules and regulations as
Landlord shall from time to time reasonably promulgate with respect thereto (including, without
limitation, rules and regulations pertaining to roof deck safety, reservations and post-use
clean-up).

     11. Tenant shall not permit or suffer the Premises to be occupied or used in a manner
offensive or objectionable to Landlord or other occupants of the Building by reason of unreasonable
noise, odors, vibrations or interference in any way with other tenants or those having business
therein.

     12. Except as set forth in the Lease, Tenant shall not employ any person or persons other than
the janitor of Landlord for the purpose of cleaning the Premises, unless otherwise agreed to by
Landlord, which agreement shall not be unreasonably withheld, conditioned or delayed. Tenant shall
not cause any unnecessary labor by reason of such Tenant’s carelessness or indifference in the
preservation of good order and cleanliness.

     13. Tenant shall store all its trash and recyclables within its Premises. No material shall be
disposed of which may result in a violation of any Requirement. All refuse disposal shall be made
only though entry ways and elevators provided for such purposes and at such times as
Landlord shall designate. Tenant shall use the Building’s refuse and recycling
contractor(s).

     14. Tenant shall not deface any part of the Building. No boring, cutting or stringing of wires
shall be permitted, except with prior consent of Landlord (which shall not be unreasonably
withheld, conditioned or delayed), and as Landlord may direct and except for typical office
building purposes (e.g., picture hanging).

     15. The water and wash closets, electrical closets, mechanical rooms, fire stairs and other
plumbing fixtures shall not be used for any purposes other than those for which they were
constructed and no sweepings, rubbish, rags, acids or other substances shall be deposited therein.
All damages resulting from any misuse of the fixtures shall be borne by Tenant where a Tenant Party
caused the same.

     16. Tenant, before closing and leaving the Premises at any time, shall see that all lights,
water faucets, etc. are turned off. All entrance doors in the Premises shall be kept locked by
Tenant when the Premises are not in use.

     17. No animals of any kind (except for seeing eye dogs) shall be brought into or kept by any
Tenant in or about the Premises or the Building. No in-line roller skates, bicycles or

E-2

 

     B. This Credit is assignable and transferable and may be transferred one or more times,
without charge, upon our receipt of your written notice that an agreement to transfer or assign
this Credit has been executed.

     C. This Credit shall be automatically renewed from year to year commencing on the first
anniversary of the date hereof, unless and until we shall give thirty (30) days prior written
notice to you, by certified mail, return receipt requested, at the address set forth above, of our
intent not to renew this Credit at the expiration of such thirty (30) day period. During such
thirty (30) day period, this Credit shall remain in full force and effect and Beneficiary may draw
up to the full amount hereof when accompanied by one of the statements described in the first
paragraph of this Credit.

     D. We hereby engage with you that drafts drawn under and in compliance with the terms of this
Credit will be duly honored upon presentation to us.

     E. This Credit sets forth in full the terms of our undertaking and such undertaking shall not
in any way be modified, amended, amplified or limited by reference to any document, instrument or
agreement referred to herein, or by any document, instrument or agreement in which this Credit is
referred to, or to which this Credit relates, and any such reference shall not be deemed to
incorporate herein by reference any such document, instrument or agreement.

     F. Except as otherwise expressly stated herein, this Credit is subject to the International
Standby Practices (ISP98). International Chamber of Commerce Publication No. 590, and the laws of
the District of Columbia, including without limitation, the Uniform Commercial Code in effect
therein.

	 	 	 	 	 
	 	[BANK]

 	 
	 	By:  	 	 
	 	 	Authorized Officer 	 

-2-

 

	 	 	 	 	 

FIRST AMENDMENT TO DEED OF LEASE

     THIS FIRST AMENDMENT TO DEED OF LEASE (this “Amendment”) is made as of April 11, 2011, between TYSONS INTERNATIONAL PLAZA I & II,
L.P., a Delaware limited partnership (“Landlord”), and ELOQUA LTD, a Delaware corporation
(“Tenant”).

RECITALS

     Recital 1. Landlord and Tenant are parties to a certain Deed of Lease, dated June 25,
2009 (the “Lease”), under which Landlord leases to Tenant 13,161 rentable square feet located on
the second (2nd) floor (the “Current Premises”) at 1921 Gallows Road, Vienna, Virginia
22102 (the “Building”).

     Recital 2. Landlord and Tenant desire to amend the Lease to provide for the expansion
of the Current Premises to include certain additional space containing 1,898 rentable square feet
located on the second (2nd) floor of the Building, which space is more fully described
on Exhibit A-l-Floor Plan of Expansion Space attached to this Amendment (the “Expansion
Space”), and to make certain other amendments to the Lease, all as more particularly set forth in
this Amendment.

AGREEMENT

     NOW, THEREFORE, in consideration of the sum of Ten Dollars ($10.00) and for other good and
valuable consideration, the receipt and sufficiency of which the parties hereby acknowledge, and
intending to be legally bound hereby, Landlord and Tenant agree as follows:

     1. Recitals Incorporated; Definitions. The foregoing recitals are incorporated by
reference into this Section as if set forth in the Section in full. Except as otherwise provided
herein, capitalized terms used but not defined in this Amendment shall have the meanings given such
terms in the Lease.

     2. Lease of Expansion Space. Landlord hereby leases the Expansion Space to Tenant and
Tenant hereby leases the Expansion Space from Landlord for a term beginning on the Expansion Space
Commencement Date (hereinafter defined) and continuing through the Expiration Date and any
extension thereof; thus, the Lease term for the Expansion Space will be coterminous with the Term
for the Current Premises.

     3. Commencement Date. The “Expansion Space Commencement Date” means the date on which
Landlord Substantially Completes the Tenant Improvements (hereinafter defined).

     4. Fixed Rent. Tenant shall pay Fixed Rent for the Expansion Space beginning on the
Expansion Space Commencement Date (the “Expansion Space Rent Commencement Date”), which Fixed Rent
payments Tenant shall make as and when due under the Lease and at the rate from time to time in
effect as set forth below:

 

 

	 	 	 	 	 
	 	 	Fixed Rent per	 
	 	 	rentable square	 
	 	 	foot of the	 
	Period	 	Expansion Space	 
	Expansion
Space Rent Commencement Date — August 31, 2011*
	 	$	35.96	 
	September 1,
2011 — August 31,2012
	 	$	36.95	 
	September 1,
2012 — August 31,2013
	 	$	37.97	 
	September 1,
2013 — August 31, 2014
	 	$	39.01	 
	September 1,
2014 — Expiration Date
	 	$	40.08	 

 

			
	* 	 	Landlord hereby waives Tenant’s obligation to pay Fixed Rent for the period beginning on the
Expansion Space Rent Commencement Date and continuing through the date immediately prior to the
first (1st) monthly anniversary of the Expansion Space Rent Commencement Date.

     5. Expansion of Current Premises. Beginning on the Expansion Space Commencement Date, the following shall apply:

          a. the Premises shall include the Expansion Space (i.e., the Premises shall contain 15,059 rentable square feet being comprised of the Current Premises’s
13,161 rentable square feet and the Expansion Space’s 1,898 rentable square feet); and

          b. Tenant’s Proportionate Share of Operating Expenses and Tenant’s Proportionate Share of Taxes shall be 3.31% (i.e., the Premises’s 15,059 rentable square feet divided by the Project’s 454,572 rentable square feet).

     6. Parking. Notwithstanding the foregoing and so long as no Event of Default then
exists under the Lease, Landlord agrees to abate and forgive the payment of the monthly parking
fees then payable for six (6) non-reserved parking spaces of Tenant’s Parking Allocation in the
Parking Garage during the period beginning on the Expansion Space Commencement Date and continuing
through the day immediately prior to the first (lst) yearly anniversary of the Expansion
Space Commencement Date.

     7. Condition of Expansion Space. Tenant accepts the Expansion Space in “AS IS”
condition, except Landlord shall, at Landlord’s sole cost, install and perform the Tenant
Improvements. Except as set forth in Exhibit B-l-Work Agreement attached to this Amendment
(the terms of which Exhibit are incorporated into and made a part of this Amendment by this
reference), Landlord shall have no obligation to perform any demolition work or to deliver, make or
install any materials or improvements in, to or at the Expansion Space, or provide Tenant with any
leasehold improvement allowance or other allowance in connection with the Expansion Space.

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     8. Security Deposit/Letter of Credit.

          a. (i) “Security Deposit” means an amount equal to $11,375.35. Tenant shall deposit the Security Deposit with Landlord upon the execution of this Amendment in cash
as security for the faithful performance and observance by Tenant of the terms, covenants and conditions of the Lease.

               (ii) If (a) an Event of Default by Tenant occurs in the payment or performance of any of the terms, covenants or conditions of the Lease, including the payment
of Rent, or (b) Tenant fails to make any installment of Rent as and when due, Landlord may apply or retain the whole or any part of the Security Deposit, to the extent required for the
payment of any Fixed Rent or any other sum as to which Tenant is in default including (i) any sum which Landlord may
expend or may be required to expend by reason of Tenant’s default, and/or (i) any
damages to which Landlord is entitled pursuant to the Lease, whether such damages accrue before or after summary proceedings
or other reentry by Landlord. If Landlord applies or
retains any part of the Security Deposit, Tenant, upon demand, shall deposit with Landlord the amount so applied or retained so
that Landlord shall have the full Security Deposit on hand at all
times during the Term. If Tenant shall comply with all of the terms, covenants and conditions of the Lease, the Security Deposit
shall be returned to Tenant after the Expiration Date and after
delivery of possession of the Premises to Landlord in the manner required by the Lease. Landlord shall not be obligated to pay interest on the Security Deposit and Landlord shall not
be required to keep the Security Deposit segregated from Landlord’s other funds.

               (iii) Upon a sale or other transfer of the Project or the Building, or any
financing of Landlord’s interest therein, Landlord shall have the right to transfer the Security Deposit to its transferee or lender. Tenant shall look solely to the new landlord or lender
for the return of such Security Deposit and the provisions hereof shall apply to every transfer or assignment made of the Security Deposit to a new landlord. Tenant shall not assign or encumber
or attempt to assign or encumber the Security Deposit and neither Landlord nor its successors
or assigns shall be bound by any such action or attempted assignment, or encumbrance.

          b. (i) “$76,772.50” in the fifth (5th) line of Section 27.6-Reduction of the Lease is hereby deleted and “$88,147.85” is inserted in place thereof.

               (ii) The foregoing notwithstanding, provided Tenant complies with the requirements of Section
27.6 of the Lease for a reduction in the amount of the Letter of Credit (as defined in the Lease)
and Tenant delivers to Landlord a consent to an amendment to the Letter of Credit in accordance
with Section 27.6(ii) of the Lease, Landlord shall return the Security Deposit to Tenant within ten
(10) days after such consent to an amendment to the Letter of Credit is executed by Landlord.

     9. Brokerage. Landlord and Tenant each represent and warrant to the other that it has
not entered into any agreement with, or otherwise had any dealings with, any broker or agent, other
than with an affiliate of Landlord and with Cassidy Turley (together, “Broker”), in connection with
the negotiation or execution of this Amendment which could form the basis of any claim by any such
broker or agent for a brokerage fee or commission, finder’s fee, or any other compensation of any
kind or nature in connection herewith, and each party shall indemnify and hold the other harmless
from all costs (including court costs, investigation costs, and attorneys’ fees), expenses, or
liability for commissions or other compensation claimed by any

- 3 -

 

broker or agent with respect to this
Amendment which arise out of any agreement or dealings, or alleged agreement or dealings, between
the indemnifying party and any such agent or broker. Landlord shall pay Broker a commission in
connection with this Amendment in accordance with the terms of a separate written agreement between
Landlord and Broker. This Section shall survive the expiration or earlier termination of the Lease.

     10. Ratification. Landlord and Tenant hereby ratify and confirm that the terms of the
Lease as amended by this Amendment, remain in full force and effect.

     11. Controlling Document. Except as expressly set forth to the contrary in this
Amendment, Landlord’s leasing of the Premises to Tenant shall be upon and subject to the terms and
provisions set forth in the Lease.

     12. Merger; Subsequent Changes. This Amendment constitutes the entire agreement
between the parties with respect to the subject matter hereof, and all prior discussions and
negotiations and agreements regarding the same are hereby merged in this Amendment. The provisions
of this Amendment may be modified, waived or amended only by an agreement in writing signed by all
parties.

     13. Binding Effect. The terms and provisions of this Amendment shall be binding upon
and inure to the benefit of the parties hereto and their respective successors and permitted
assigns under the Lease.

     14. Counterparts. This Amendment may be executed in counterpart, each of which shall
be deemed an original and all of which collectively shall constitute one and the same document. Any
signature on a counterpart of this Amendment sent by facsimile transmission shall be deemed valid
and binding upon the party employing the same; provided that such party shall, upon the request of
the other party, promptly provide such other party with a counterpart of this Amendment bearing an
original version of such signature sent by facsimile transmission.

     15. No Officer Liability. None of Landlord’s direct or indirect partners, members,
managers, officers, shareholders, directors, employees, principals, trustees, beneficiaries, agents
or representatives shall have any liability to Tenant in connection with the performance of
Landlord’s obligations under the Lease (as heretofore and hereafter amended), and Tenant waives any
and all claims against any and all of such parties arising under the Lease (as heretofore and
hereafter amended).

     16. Governing Law. This Amendment and any modifications hereof shall be governed and
construed in accordance with the laws of the Commonwealth of Virginia, without regard to its choice
of law principles.

[SIGNATURES FOLLOW]

- 4 -

 

     IN WITNESS WHEREOF, Landlord and Tenant have caused this Amendment to be executed under seal
as of the day and year first above stated.

	 	 	 	 	 
	 	LANDLORD:

TYSONS INTERNATIONAL PLAZA I & II, L.P.,

 a Delaware limited partnership

 	 
	 	By:  	/s/ Russell Makowsky
 	 
	 	 	Name:  	RUSSELL MAKOWSKY 	 
	 	 	Title:  	VICE PRESIDENT AND TREASURER 	 
	 
	 	TENANT:

ELOQUA LTD,
a Delaware corporation

 	 
	 	By:  	/s/  Donald E. Clarke
 	 
	 	 	Name:  	Donald E. Clarke  	 
	 	 	Title:  	CFO 	 

 

 

	 	 	 	 	 

Exhibit A — 1

Floor Plan of Expansion Space

 

 

Exhibit B-l

Work Agreement

     This Work Agreement is a part of the Amendment to which it is attached. In the event of any
conflict between the terms of this Work Agreement and the terms of the Lease, the terms of this
Work Agreement shall control.

Article 1 — Definitions

     1. Definitions.

     1.1 “Base Building Plans” means Landlord’s base building plans and specifications for the
Building.

     1.2 “Base Building Systems” has the meaning given such term in the Lease.

     1.3 “Business Day” has the meaning given such term in the Lease.

     1.4 “Change Order” means any change in Tenant’s Plans and/or any change in the work or
materials to be included in the Tenant Improvements.

     1.5 “Comparable Buildings” has the meaning given such term in the Lease.

     1.6 “Contractor” means the general contractor selected by Landlord to construct, install and
perform the Tenant Improvements.

     1.7 “Expansion Space Commencement Date” has the meaning given such term in the Amendment.

     1.8 “Landlord’s Representative” means Rustom A. Cowasjee, whose address is Tishman Speyer,
1875 Eye Street, NW, Suite 300, Washington DC 20006, whose telephone number is (202) 420-2123 and
whose email address is rcowasjee@tishmanspeyer.com.

     1.9 “Long Lead Items” means improvements, items, materials, finishes or installations that are
not available as needed to meet Landlord’s or Contractor’s schedule for Substantial Completion of
the Tenant Improvements.

     1.10 “Punch List” means details of construction, decoration and mechanical adjustment, the
noncompletion of which do not materially interfere with Tenant’s use of the Expansion Space for
Tenant’s Permitted Use.

     1.11 “Requirements” has the meaning given such term in the Lease.

     1.12 “Substantial Completion” As to any construction performed by any party, “Substantial
Completion” or “Substantially Completed” means that such work has been

 

 

completed, as reasonably
determined by Landlord’s architect, in accordance with (a) the provisions of the Lease applicable
thereto, and (b) the plans and specifications for such work, except for any Punch List work.

     1.13 “Tenant Delay” has the meaning given such term in the Lease.

     1.14 “Tenant’s Equipment” means any telephone, telephone switching, telephone and data
cabling, furniture, computers, servers, Tenant’s trade fixtures and other personal property to be
installed by or on behalf of Tenant in the Expansion Space.

     1.15 “Tenant Improvements” means the improvements set forth on Tenant’s Plans, as the same may
be modified by any Change Orders approved as provided in this Work Agreement.

     1.16 “Tenant’s Plans” means the plans as such plans might be hereafter modified and refined
from time to time by Landlord or at Landlord’s direction to satisfy any permitting requirements, to
address field conditions, to comply with applicable Requirements and otherwise in connection with
the preparation of the actual construction drawings and specifications for the Tenant Improvements
attached to this Amendment as Exhibit B-l-1, and any refinements and amplications thereof.

     1.17 “Tenant’s Representative” means Don Clarke, whose address is the Current Premises, whose
telephone number is (703) 584-2822, whose telecopier number is (703) 584-2751 and whose email
address is don.clarke@eloqua.com.

     1.18 “Unavoidable Delay” has the meaning given such term in the Lease.

     Capitalized terms used but not defined in this Work Agreement shall have the meanings given
such terms in the Lease.

Article 2 — Plans

     2.1 Changes to Plans.

          (a) In the event of any Change Order requested by Tenant, Tenant shall be solely responsible
for all costs and expenses and for all delays in occupancy by Tenant (which shall not delay the Expansion Space Commencement Date or the Expansion Space Rent Commencement Date)
resulting therefrom including, without limitation, costs or expenses relating to (i) any additional
architectural or engineering services and related design expenses; (ii) any architectural or
engineering costs reasonably incurred by Landlord in connection with its review of such requested
change; (iii) any changes to materials in process of fabrication; (iv) cancellation or modification
of supply or fabricating contracts; (v) removal or alteration of work or plans completed or in
process; or (vi) delay claims made by Contractor.

          (b) No changes shall be made to Tenant’s Plans and no Change Orders shall be implemented
without the prior written approval of Landlord, which approval shall not be unreasonably withheld,
conditioned or delayed. All Change Orders shall be in writing and shall

 

 

be on such AIA form as is
required by Landlord and/or Contractor. Tenant shall evidence in writing its approval of any Change
Order prior to requesting Landlord’s approval of same.

          (c) Landlord shall use reasonable efforts to cause Contractor to include in any Change Order
submitted by Contractor the amount of delay which Contractor believes will occur as a result of
such Change Order (the “Anticipated Delay”); provided, however, that in determining the amount of
any Tenant Delay, Landlord shall not be limited to the amount of the Anticipated Delay submitted by
Contractor to the extent that the actual delay caused by Tenant’s Change Order exceeds the
Anticipated Delay.

          (d) All Change Orders submitted by Contractor or Landlord shall be subject to the prior
written approval of Tenant, which approval shall not be unreasonably withheld, conditioned or
delayed. If Tenant fails to respond to any Change Order, drawing, plan or other material submitted
to Tenant for Tenant’s approval within the time period set forth in this Work Agreement for such
response (or, if no time period is specified, within five (5) Business Days after Landlord submits
such request), such failure shall result in a day of Tenant Delay for each day thereafter in which
no response is made, and, at Landlord’s sole election, shall be deemed an approval of Landlord’s
submission.

     2.2 General Plan Provisions.

          (a) In connection with the Tenant Improvements, Landlord shall perform a field verification to
determine the existing conditions, specifications and dimensions of the Expansion Space and any
variances from Tenant’s Plans. In connection with Tenant’s Equipment and in any case prior to
ordering Tenant’s Equipment, Tenant shall perform a field verification to determine the existing
conditions, specifications and dimension of the Expansion Space and any variance from Tenant’s
Plans.

          (b) Tenant has appointed Tenant’s Representative for purposes of granting any consents or
approvals by Tenant under this Work Agreement and for authorizing and executing any and all Change
Orders or other documents in connection with this Work Agreement and Landlord shall have the right
to rely on Tenant’s Representative’s consent, approval, authorization or execution as aforesaid.

          (c) Landlord has appointed Landlord’s Representative for purposes of granting any consents or
approvals by Landlord under this Work Agreement and for authorizing and executing any and all
Change Orders or other documents in connection with this Work Agreement and Tenant shall have the
right to rely on Landlord’s Representative’s consent, approval, authorization or execution as
aforesaid.

          (d) Tenant shall reimburse Landlord for all reasonable third-party out-of-pocket costs
incurred by Landlord in reviewing any Change Orders submitted by Tenant within thirty (30) days
after Tenant’s receipt of an invoice therefor.

     2.3 Notices. Landlord’s and Tenant’s respective addresses for notices given under this Work Agreement are set forth in Article 1 of the Lease. Notices given under this Work

 

 

Agreement shall be sent in accordance with the provisions of Article 22-Notices of the Lease,
except Landlord shall also endeavor to send a courtesy notice to Tenant’s Representative(s) via
email and Tenant shall also endeavor to send a courtesy notice to Landlord’s Representative(s) via
email.

Article 3 — Construction

     3.1 Landlord Improvements. Except as might be expressly set forth herein to the
contrary, Landlord has no obligation to do any other work or pay any amounts with respect to the
Expansion Space. Landlord shall, at Landlord’s expense, design and construct a new Building
standard multi-tenant lobby on the second (2nd) floor of the Building (the “Landlord
Improvements”). Landlord shall use commercially reasonable efforts to complete the Landlord
Improvements on or before December 31, 2011.

     3.2 Tenant Improvements. Landlord shall, at Landlord’s expense, furnish and install
the Tenant Improvements in a good and workmanlike manner and in accordance with the terms of this
Work Agreement. Except to the extent that Tenant’s Plans provide otherwise, the Tenant Improvements
shall be constructed of new materials commensurate with the level of improvements for a typical
first-class tenant in Comparable Buildings. The Tenant Improvements for the Expansion Space shall
be in compliance with all applicable Requirements as of the Expansion Space Commencement Date.

     3.3 Permits and Certificate of Occupancy: Costs. Landlord shall, at Landlord’s
expense, obtain all construction and occupancy permits and inspections required by all applicable
Governmental Authorities to install and construct the Tenant Improvements in accordance with
Tenant’s Plans and to permit Tenant to occupy the Expansion Space upon completion of construction.
Landlord shall, at Landlord’s expense, manage and contract with the Contractor and all
subcontractors for the installation and construction of the Tenant Improvements in accordance with
Tenant’s Plans, including the construction schedule. Landlord will act as Tenant’s project manager
for the installation and construction of the Tenant Improvements. All hard and soft costs in
connection with the design, permitting, installation and construction of the Tenant Improvements,
including construction fees of all contractors, subcontractors, architects, engineers and specialty
consultants, and Landlord’s project management fee in an amount equal to 3.5% of the hard
construction costs, shall be borne by Landlord.

     3.4 Acceptance of Expansion Space. Approximately three (3) Business Days prior to the
delivery of possession of the Expansion Space to Tenant, Landlord, Tenant, Tenant’s Representative
and Contractor shall inspect the Expansion Space to prepare the Punch List of work requiring
correction or completion by Contractor. The issuance of a non-residential use permit (or like
permit) for the Expansion Space shall be conclusive evidence that the Expansion Space have been
Substantially Completed. Subject to Unavoidable Delays, Landlord shall make reasonable efforts to
cause the Contractor to correct or complete all Punch List items (other than Long Lead Items)
within thirty (30) days after the Expansion Space Commencement Date. Landlord shall, to the extent
permitted under the construction contract, assign to Tenant any

 

 

warranties obtained by Landlord
from Contractor, subcontractors, suppliers or manufacturers with respect to the work performed
and/or any equipment installed in the Expansion Space.

     3.5 Tenant’s Equipment. Tenant, at Tenant’s expense, shall be responsible for
purchasing and for ordering and the delivery and installation of Tenant’s Equipment. Landlord’s
project manager shall keep Tenant reasonably apprised of the Tenant Improvement work progress so
that Tenant can coordinate the installation of Tenant’s Equipment with Contractor’s schedule.

     3.6 Delay Costs. Except for any damages payable by Contractor for any damage to
Tenant’s Equipment or harm done to any of Tenant’s employees, any liquidated, delay or other
damages payable by Contractor shall be paid to, and retained by, Landlord. Landlord shall have no
obligation to spend or disburse any funds, employ any additional labor, contract for overtime work
or otherwise take any action to compensate for any Tenant Delay.

Article 4—Additional Provisions

     4.1 Time of Essence. Time is of the essence with respect to all of Landlord’s and
Tenant’s obligations under this Work Agreement and any annexes, schedules and exhibits hereto.

     4.2 Expansion of Premises. This Work Agreement shall not be deemed applicable to any
additional space added to the Premises (other than the Expansion Space) at any time or from time to
time, whether by any options under the Lease or otherwise, or to any portion of the Premises (other
than the Expansion Space) or any additions thereto in the event of an extension of the Term,
whether by any options under the Lease or otherwise, unless expressly so provided in the Lease or
any amendment or supplement thereto.

 

 

Exhibit B-l-1

Tenant’s Plans

Scope of Work

NOTE: NEW FINISHES ARE LIMITED TO THE EXPANSION SPACE ONLY

1. Carpet is CPT-1 (which is currently in the open area). CPT-2 in large conference room; Pricing
of carpet is based upon assuming its available. If the carpet is not available or if Tenant chooses
a different carpet, Tenant shall be able to select a different carpet at a price no more than $28
per square yard installed

2. Vinyl base is Roppe P199 Bone

3. Paint on Walls is PI

4. Reuse existing ceiling title and grid; repair or replace damaged titles as needed

5. Furnish and install two (2) new doors and frames with keyed locks

6. Furnish and install new exit signs to match existing (4)

7. Build new demising wall

8. Air balance space

9. Add 12 voice/data and power outlets for workstations; all power will be located on full length, non-exterior walls with no floor mounted outlets

10. Add eight (8) new 2x4 fluorescent light fixtures to match existing

 

 

11. One light switch for open area

12. Two light switches for private offices

13. Demolish existing LAN room (remove old cabling from ceiling and supplemental cooling unit and
any associated ductwork)

14. Furnish and install two new VAV boxes; one at interior zone and one at exterior zone

15. Three thermostats (one open area, one in each of the two new private offices)

16. Finishes are based upon schedule from initial build out

17. Add one floor outlet for conference room (gpr for core drill) and one 4-port voice/data drop

18. Electrical and voice/data outlet in office

19. Electrical and voice/data outlets on 2 walls of conference room

20. Electrical junction box for installation of ceiling-mounted A/V equipment [A/V equipment to be
furnished and installed by Tenant]

21. Power for installation of drop down projection screen and wall switch [screen and switch to be
furnished and installed by Tenant]

22. Wall finished in corner office in a manner to allow for 5’ strip of walltalker to be installed
by tenant along the entire wall

 

 

EXECUTION COPY

FEBRUARY 8, 2012

SECOND AMENDMENT TO DEED OF LEASE

     THIS SECOND AMENDMENT TO DEED OF LEASE (this “Amendment”) is made as of February 17,
2012, between TYSONS INTERNATIONAL PLAZA I & II, L.P., a Delaware limited partnership
(“Landlord”), and ELOQUA LTD, a Delaware corporation (“Tenant”).

RECITALS

     Recital 1. Landlord and Tenant are parties to a certain Deed of Lease, dated June 25,
2009, as amended by a certain First Amendment to Deed of Lease, dated April 11, 2011 (the “First
Amendment;” as amended to date, the “Lease”), under which Landlord leases to Tenant 15,059
rentable square feet on the second (2nd) floor (the “Existing Premises”), at 1921
Gallows Road, Vienna, Virginia 22102 (the “Building”).

     Recital 2. Landlord and Tenant desire to amend the Lease (i) to extend the term
thereof, (ii) to provide for the expansion of the Existing Premises to include certain additional
space containing 3,036 rentable square feet on the second (2nd) floor of the Building,
which space is more fully described on Exhibit A-Floor Plan of Expansion Space A attached
to this Amendment (“Expansion Space A”) and 4,231 rentable square feet on the second
(2nd) floor of the Building, which space is more fully described on Exhibit B-Floor
Plan of Expansion Space B attached to this Amendment (“Expansion Space B,” together with
Expansion Space A, the “Second Expansion Space”), and (iii) to make certain other amendments to the
Lease, all as more particularly set forth in this Amendment.

AGREEMENT

     NOW, THEREFORE, in consideration of the sum of Ten Dollars ($10.00) and for other good and
valuable consideration, the receipt and sufficiency of which the parties hereby acknowledge, and
intending to be legally bound hereby, Landlord and Tenant agree as follows:

     1. Recitals Incorporated; Definitions. The foregoing recitals are incorporated by
reference into this Section as if set forth in the Section in full. Except as otherwise provided
herein, capitalized terms used but not defined in this Amendment shall have the meanings given such
terms in the Lease.

     2. Extension of Term. The Lease is hereby amended to provide that the Term shall
expire at 11:59 p.m. on May 31, 2016 (the “Expiration Date”).

     3. Second Expansion Space.

          a. Landlord hereby leases the Second Expansion Space to Tenant and Tenant hereby
leases the Second Expansion Space from Landlord for a term beginning on the Second

 

 

Expansion Space Commencement Date (hereinafter defined) and continuing through the Expiration Date
and any extension thereof; thus, the Lease term for the Second Expansion Space will be coterminous
with the Term for the Existing Premises.

          b. The “Second Expansion Space Commencement Date” means the date on which this
Amendment is fully executed and delivered.

     4. Fixed Rent.

          a. Tenant shall pay Fixed Rent for Expansion Space A beginning on April 1, 2012 (the
“Expansion Space A Rent Commencement Date”), which Fixed Rent payments Tenant shall make as and
when due under the Lease and at the applicable rate set forth below.

          b. Tenant shall pay Fixed Rent for Expansion Space B beginning on December 1, 2012 (the
“Expansion Space B Rent Commencement Date”), which Fixed Rent payments Tenant shall make as and
when due under the Lease and at the applicable rate set forth below.

          c. With respect to the Existing Premises, Tenant shall pay Fixed Rent at the rates from time
to time in effect as set forth in the Lease through May 31, 2015. Beginning on June 1, 2015 and
continuing through the Expiration Date, Tenant shall pay Fixed Rent at the applicable rate set
forth below.

	 	 	 
	 	 	Fixed Rent per annum per rentable
	Period	 	square foot
	Expansion
Space A Rent Commencement Date – March 31, 2013
	 	$33.00
	April 1, 2013 – March 31, 2014
	 	$33.91
	April 1, 2014 – March 31, 2015
	 	$34.84
	April 1, 2015 – March 31, 2016
	 	$35.80
	April 1, 2016 – Expiration Date
	 	$36.78

     5. Letter of Credit. Concurrently with the execution and delivery of
this Amendment, Tenant shall increase the Letter of Credit (as defined in the Lease) by an amount
equal to $19,984.25 by delivering to Landlord an amendment to the Letter of Credit in form and
substance reasonably satisfactory to Landlord.

     6. Expansion
of Existing Premises. Beginning on the Second Expansion Space
Commencement Date, the following shall apply:

          a. the Premises shall include the Second Expansion Space (i.e., the Premises shall contain
22,326 rentable square feet, being comprised of the Existing Premises’ 15,059 rentable square feet,
Expansion Space A’s 3,036 rentable square feet and Expansion Space B’s 4,231 rentable square feet);

          b. with respect to the Second Expansion Space,

- 2 -

 

               (i) Tenant’s Proportionate Share of Operating Expenses and Tenant’s Proportionate Share of
Taxes shall be 1.598% (i.e., the Second Expansion Space’s 7,267 rentable square feet divided by
the Project’s 454,572 rentable square feet);

               (ii) the Base Year shall be calendar year 2012; and

               (iii) Tenant shall have no obligation to pay Tenant’s Operating Payment and Tenant’s Tax
Payment for the period beginning on the Second Expansion Space Commencement Date and continuing
through February 28, 2013. Beginning on March 1, 2013 and continuing through the Expiration Date,
Tenant shall pay Tenant’s Operating Payment and Tenant’s Tax Payment with respect to the Second
Expansion Space as and when Tenant’s Operating Payment and Tenant’s Tax Payment with respect to the
Existing Premises is due under the Lease; and

          c. with respect to the Existing Premises,

               (i) Tenant’s Proportionate Share of Operating Expenses and Tenant’s Proportionate Share of
Taxes shall continue to be as set forth in the Lease; and

               (ii) beginning on June 1, 2015, the Base Year shall be calendar year 2012.

     7. Parking. Notwithstanding the foregoing and so long as no Event of Default then
exists under the Lease, Landlord agrees to abate and forgive the payment of the monthly parking
fees then payable for twenty-three (23) non-reserved parking spaces of Tenant’s Parking Allocation
in the Parking Garage during the period beginning on the Second Expansion Space Commencement Date
and continuing through March 31, 2013.

     8. Condition of Second Expansion Space.

          a. Tenant accepts the Second Expansion Space in “AS IS” condition. Except as set forth in
Exhibit C- Work Agreement, Landlord has no obligation to perform any demolition work or to make any
leasehold improvements to the Second Expansion Space, deliver or install any materials in, to or at
the Second Expansion Space, or provide Tenant with any leasehold improvement allowance or other
allowance in connection with the Second Expansion Space.

          b. Tenant shall design and build-out the Premises (including the Second Expansion Space) in
accordance with the terms set forth in Exhibit C- Work
Agreement to this Amendment.

     9. Monument Signage.

          a. Tenant shall, at Tenant’s expense, have the non-exclusive right to have the name “Eloqua”
(or a reasonable variation thereof) placed on the existing Building monument sign at the corner of
Gallows Road and Boone Boulevard (the “Monument Sign”). Landlord

- 3 -

 

reserves the right to grant to other parties the right to also have their name(s) placed on the
Monument Sign.

          b. Tenant’s name shall be installed on the Monument Sign by Landlord’s contractor. Landlord
shall reasonably designate the size, color, material, type of sign, location and all other aspects
of the Monument Sign except the lettering style and logo shall be designated by Tenant, subject to
Landlord’s reasonable approval. Landlord shall have the right to prohibit any aspect of the
Monument Sign that Landlord reasonably determines not to be aesthetically acceptable.

          c. Tenant’s rights under this Section shall not be assignable by Tenant.

          d. Tenant shall pay for the purchase, installation, placement of Tenant’s name and maintenance
of the Monument Sign. Tenant shall also pay for any changes to Tenant’s name on the Monument Sign
if Tenant changes its name or corporate logo.

          e. Landlord shall be responsible for procuring all licenses and permits that may be required
for the installation, use or operation of the Monument Sign. Landlord and Tenant will cooperate
with each other to attempt to obtain from all owner associations, tenant associations,
architectural control committees and similar organizations the consents or approvals of
such parties to the extent required (as determined by Landlord) in connection with the Monument
Sign.

          f. Tenant’s rights under this Section shall cease and Landlord shall have the right to remove
Tenant’s name and/or logo from the Monument Sign upon the occurrence of any of the following:

               (i) the expiration or termination of the Lease;

               (ii) the occurrence of an Event of Default;

               (iii) Tenant assigns the Lease;

               (iv) Tenant subleases or fails to occupy more than twenty-five percent (25%) of the rentable
square footage contained in the Premises; or

               (v) Tenant is no longer one (1) of the five (5) largest tenants at the Project with respect
to the total rentable square feet occupied by tenants at the Project with Monument Sign rights.

     10. Lease
Adjustments. Exhibit C- Work Agreement to the Lease and Exhibit B-l-
Work Agreement to the First Amendment are hereby deleted.

     11. Brokerage. Landlord and Tenant each represent and warrant to the other that it
has not entered into any agreement with, or otherwise had any dealings with, any broker or agent,
other than with an affiliate of Landlord and with Cassidy Turley (together, “Broker”), in

- 4 -

 

connection with the negotiation or execution of this Amendment which could form the basis of
any claim by any such broker or agent for a brokerage fee or commission, finder’s fee, or any other
compensation of any kind or nature in connection herewith, and each party shall indemnify and hold
the other harmless from all costs (including court costs, investigation costs, and attorneys’
fees), expenses, or liability for commissions or other compensation claimed by any broker or agent
with respect to this Amendment which arise out of any agreement or dealings, or alleged agreement
or dealings, between the indemnifying party and any such agent or broker. Landlord shall pay Broker
a commission in connection with this Amendment in accordance with the terms of a separate written
agreement between Landlord and Broker. This Section shall survive the expiration or earlier
termination of the Lease.

     12. Ratification. Landlord and Tenant hereby ratify and confirm that the terms of the
Lease as amended by this Amendment, remain in full force and effect.

     13. Controlling Document. Except as expressly set forth to the contrary in this
Amendment, Landlord’s leasing of the Premises to Tenant shall be upon and subject to the terms and
provisions set forth in the Lease.

     14. Merger; Subsequent Changes. This Amendment constitutes the entire agreement
between the parties with respect to the subject matter hereof, and all prior discussions and
negotiations and agreements regarding the same are hereby merged in this Amendment. The provisions
of this Amendment may be modified, waived or amended only by an agreement in writing signed by all
parties.

     15. Binding Effect. The terms and provisions of this Amendment shall be binding upon
and inure to the benefit of the parties hereto and their respective successors and permitted
assigns under the Lease.

     16. Counterparts. This Amendment may be executed in counterpart, each of which shall
be deemed an original and all of which collectively shall constitute one and the same document. Any
signature on a counterpart of this Amendment sent by facsimile or other electronic transmission
shall be deemed valid and binding upon the party employing the same; provided that such party
shall, upon the request of the other party, promptly provide such other party with a counterpart of
this Amendment bearing an original version of such signature sent by facsimile or other electronic
transmission.

     17. No Officer Liability. None of Landlord’s direct or indirect partners, members,
managers, officers, shareholders, directors, employees, principals, trustees, beneficiaries, agents
or representatives shall have any liability to Tenant in connection with the performance of
Landlord’s obligations under the Lease (as heretofore and hereafter amended), and Tenant waives any
and all claims against any and all of such parties arising under the Lease (as heretofore and
hereafter amended).

     18. Governing
Law. This Amendment and any modifications hereof shall be
governed and construed in accordance with the laws of the Commonwealth of Virginia, without regard
to its choice of law principles.

- 5 -

 

[SIGNATURES FOLLOW]

- 6 -

 

          IN WITNESS WHEREOF, Landlord and Tenant have caused this Amendment to be executed under
seal as of the day and year first above stated.

LANDLORD:

TYSONS INTERNATIONAL PLAZA I & II, L.P.,

a Delaware limited partnership

	 	 	 	 	 

	By: 

Name:

	 	/s/ David Augarten
 

DAVID AUGARTEN
	 	 
	Title:

	 	VICE PRESIDENT AND ASSISTANT SECRETARY	 	 

TENANT:

ELOQUA LTD,

a Delaware corporation

	 	 	 	 	 

	By: 

Name:

	 	/s/ Donald E. Clarke
 

Donald E. Clarke
	 	 
	Title:

	 	CFO	 	 

 

 

Exhibit A

Floor Plan of Expansion Space A

 

 

 

 

Exhibit B

Floor Plan of Expansion Space B

 

 

 

 

Exhibit C

Work Agreement

     This Work Agreement is a part of the Amendment to which it is attached. In the event of any
conflict between the terms of this Work Agreement and the terms of the Lease or the Amendment, the
terms of this Work Agreement shall control.

Article 1
— Definitions.

     1. Definitions.

     1.1 “Base Building Plans” means the base building plans and specifications for the Building
(or the portion of the Building applicable to the Premises).

     1.2 “Business Day” has the meaning given such term in the Lease.

     1.3 “Cabling Costs” means the cost of purchasing and installing security systems, audio-visual
systems and Tenant’s voice, data and other low-voltage wiring and cabling in the Premises.

     1.4 “Change Order” means any change in any of Tenant’s Plans after Landlord has approved any
such plan and/or any change in the work or materials to be included in the Tenant Improvements.

     1.5 [intentionally omitted]

     1.6 “Comparable Building” has the meaning given such term in the Lease.

     1.7 “Contractor” means the general contractor selected by Tenant in accordance with the terms
of this Work Agreement to construct and install the Tenant Improvements.

     1.8 “Construction Costs” means all costs in the permitting, demolition, construction and
installation of the Tenant Improvements and acquiring the materials for the Tenant Improvements.

     1.9 [intentionally omitted]

     1.10 “Engineers” means the mechanical, electrical, plumbing and structural and engineers and
other licensed third-parties selected by Tenant to assist in the preparation of Tenant’s Plans.

     1.11 “Essential Subs” means those subcontractors to be specifically designated by Landlord
acting reasonably for purposes of working on the Building mechanical, energy management,
structural, exterior windows (including window removal and reinstallation for hoisting purposes),
roof (excluding HVAC), sprinkler and fire and life safety systems.

     1.12 “Final Space Plan” means a detailed space plan for the Tenant Improvements prepared by
Tenant’s Architect, which space plan shall be substantially in conformance with the

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Preliminary Plan approved by Landlord and any updates or changes thereto approved by Landlord and
shall contain the information and otherwise comply with the requirements set forth on Annex
2 attached hereto.

     1.13 “Furniture Costs” means, collectively, the cost of purchasing, delivering and installing
systems and free-standing furniture in and to the Premises.

     1.14 “Improvement Costs” means, collectively, (i) the Planning Costs; (ii) the Construction
Costs; (iii) Landlord’s Fee; and (iv) Cabling Costs.

     1.15 “Landlord’s Contribution” means $173,782.50.

     1.16 “Landlord’s Fee” means a fee payable to Landlord equal to zero percent (-0-%) of the
sum of the Planning Costs and the Construction Costs.

     1.17 [Intentionally omitted]

     1.18 “Landlord’s Representative” means Rustom A. Cowasjee, whose address is Tishman Speyer,
1875 Eye Street, NW, Suite 300, Washington DC 20006, whose telephone number is (202) 420-2123 and
whose email address is rcowasjee@tishmanspeyer.com.

     1.19 “Moving Costs” means all costs related to Tenant’s physical move into the Premises.

     1.20 “Permits” means all necessary permits in connection with the Tenant
Improvements.

     1.21 “Planning Costs” means all architectural, space planning, engineering and other costs
related to the design of the Tenant Improvements including, without limitation, the fees of
Tenant’s Architect, the Engineers and the professionals preparing and/or reviewing Tenant’s Plans
(or any of them).

     1.22 “Plans and Specifications” means all architectural plans, construction drawings and
specifications necessary and sufficient (i) for the construction of the Tenant Improvements in
accordance with the Final Space Plan and (ii) to enable the Contractor to obtain all necessary
Permits for the construction of the Tenant Improvements, and which shall contain the information
and otherwise comply with the requirements set forth on Annex
3 attached hereto.

     1.23 “Preliminary Plan” means a preliminary space plan prepared by Tenant’s Architect showing
the general layout of the Premises upon completion of the Tenant Improvements, which space
plan shall contain the information and otherwise comply with the requirements set forth on Annex 1
attached hereto.

     1.24 “Punch List Work” means minor details of construction, decoration and mechanical
adjustment, if any, the noncompletion of which do not materially interfere with the use of the
relevant portion of the Building.

     1.25
“Requirements” has the meaning given such term in the Lease.

C-2

 

     1.26 “Substantial Completion” has the meaning given such term in the Lease.

     1.27 “Tenant’s Architect” means the architect engaged by Tenant to design the Tenant
Improvements and prepare Tenant’s Plans.

     1.28 “Tenant’s Contractors” means Contractor and all subcontractors and
subsubcontractors (including the Essential Subs) who will work on the Tenant Improvements.

     1.29 “Tenant’s Equipment” means any telephone, telephone switching, telephone and data
cabling, furniture, computers, servers, Tenant’s trade fixtures and other personal property to be
installed by or on behalf of Tenant in the Premises.

     1.30 “Tenant Improvements” means the improvements set forth in Tenant’s Plans as approved by
Landlord in accordance with the terms of this Work Agreement.

     1.31 “Tenant’s Plans” means the Preliminary Plan, the Final Space Plan and the Plans and
Specifications.

     1.32 “Tenant’s Representative” means Don Clarke, whose address is the Premises, whose
telephone number is (703) 584-2822, whose telecopier number is (703) 584-2751 and whose email
address is don.clarke@eloqua.com.

     1.33 “Unavoidable Delay” has the meaning given such term in the Lease.

     Capitalized terms used but not defined in this Work Agreement shall have the meanings given
such terms in the Lease.

Article 2 — Plans

     2.1 Tenant’s Architect and Engineers. Tenant has or will retain Tenant’s
Architect to design the Tenant Improvements and prepare Tenant’s Plans. Tenant’s Architect and the
Engineers shall be subject to Landlord’s reasonable approval, which approval shall not be
unreasonably withheld, conditioned or delayed.

     2.2 Preliminary Plan. Tenant shall deliver the Preliminary Plan to Landlord for
Landlord’s approval. Within ten (10) Business Days after Tenant delivers the Preliminary Plan to
Landlord, Landlord shall advise Tenant of Landlord’s approval or disapproval of the Preliminary
Plan (which disapproval shall specify Landlord’s objections in sufficient detail so that Tenant can
make the necessary revisions to satisfy such objections). Within three (3) Business Days after
Landlord notifies Tenant of Landlord’s objections, Tenant shall revise the proposed Preliminary
Plan to address Landlord’s objections and deliver the revised Preliminary Plan to Landlord for
Landlord’s approval. Within three (3) Business Days after Tenant delivers the revised Preliminary
Plan to Landlord, Landlord shall advise Tenant of Landlord’s approval or disapproval of the revised
Preliminary Plan (which disapproval shall specify Landlord’s objections in sufficient detail so
that Tenant can make the necessary revisions to satisfy such objections). Tenant and Landlord shall
continue to follow the revision, delivery and notice of objections procedure and schedule set forth
above until Landlord approves the Preliminary Plan. Landlord will not unreasonably withhold its
approval of the Preliminary Plan.

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     2.3 Final Space Plan. Within twenty (20) Business Days after Landlord approves the
Preliminary Plan, Tenant expects to deliver the Final Space Plan to Landlord for Landlord’s
approval. Within ten (10) Business Days after Tenant delivers the Final Space Plan to Landlord,
Landlord shall advise Tenant of Landlord’s approval or disapproval of the Final Space Plan (which
disapproval shall specify Landlord’s objections in sufficient detail so that Tenant can make the
necessary revisions to satisfy such objections). Tenant shall then revise the proposed Final Space
Plan to meet Landlord’s objections and deliver the revised Final Space Plan to Landlord for
Landlord’s approval. Within ten (10) Business Days after Tenant delivers the revised Final Space
Plan to Landlord, Landlord shall advise Tenant of Landlord’s approval or disapproval of the revised
Final Space Plan (which disapproval shall specify Landlord’s objections in sufficient detail so
that Tenant can make the necessary revisions to satisfy such objections). Tenant and Landlord
shall continue to follow the revision, delivery and notice of objections procedure and schedule set
forth above until Landlord approves the Final Space Plan. Landlord will not unreasonably withhold
its approval of the Final Space Plan.

     2.4 Plans and Specifications. Tenant shall deliver the Plans and Specifications to
Landlord for Landlord’s approval. Within twelve (12) Business Days after Tenant delivers the Plans
and Specifications to Landlord, Landlord shall advise Tenant of Landlord’s approval or disapproval
of the Plans and Specifications (which disapproval shall specify Landlord’s objections in
sufficient detail so that Tenant can make the necessary revisions to satisfy such objections).
Tenant shall then revise the proposed Plans and Specifications to meet Landlord’s objections and
deliver the revised Plans and Specifications to Landlord for Landlord’s approval. Within five (5)
Business Days after Tenant delivers the revised Plans and Specifications to Landlord, Landlord
shall advise Tenant of Landlord’s approval or disapproval of the revised Plans and Specifications
(which disapproval shall specify Landlord’s objections in sufficient detail so that Tenant can make
the necessary revisions to satisfy such objections). Tenant and Landlord shall continue to follow
the revision, delivery and notice of objections procedure and schedule set forth above until
Landlord approves the Plans and Specifications. Landlord will not unreasonably withhold its
approval of the Plans and Specifications.

     2.5 Changes to Plans.

          (a) In the event of any Change Order or in the event that Landlord determines that any of
Tenant’s Plans have not been prepared in accordance with the requirements of this Work Agreement,
Tenant shall be solely responsible for all costs and expenses and for all delays in occupancy by
Tenant (which shall not delay the Second Expansion Space Commencement Date, the Expansion Space A
Rent Commencement Date or the Expansion Space B Rent Commencement Date) resulting therefrom
including, without limitation, costs or expenses relating to (i) any additional architectural or
engineering services and related design expenses; (ii) any architectural or engineering costs
incurred by Landlord in connection with its review of such requested change; (iii) any changes to
materials in process of fabrication; (iv) cancellation or modification of supply or fabricating
contracts; (v) removal or alteration of work or plans completed or in process; or (vi) delay claims
made by Contractor.

          (b) Except with respect to Non-Material Changes, no changes shall be made to any of Tenant’s
Plans and no Change Orders shall be implemented without the prior written approval of Landlord,
which approval shall not be unreasonably withheld, conditioned or delayed. “Non-Material Changes”
means changes to Tenant’s Plans that (i) do not involve any

C-4

 

structural change to or component of the Building; (ii) would not be reasonably anticipated to
materially and adversely affect any Base Building System; and (iii) do not include changes that
would be readily visible from outside of the Premises. Although Tenant will not be required to
obtain Landlord’s approval of Non-Material Changes, Tenant shall promptly provide Landlord with a
copy of any changes to Tenant’s Plans and/or Change Order for Non-Material Changes. All Change
Orders shall be in writing and shall be on such AIA form as is required by Landlord and/or
Contractor. Tenant shall evidence in writing its approval of any Change Order prior to requesting
Landlord’s approval of same.

     2.6 General Plan Provisions.

          (a) Tenant shall cause (i) Tenant’s Plans to comply with all applicable Requirements; (ii)
Tenant’s Plans to be prepared by Tenant’s Architect and the Engineers in accordance with the terms
of this Work Agreement and in conformity with the base Building systems (including, without
limitation, the base Building HVAC, mechanical, electrical, plumbing and life safety systems);
(iii) the Plans and Specifications to be sufficient to enable Contractor (with respect to the Plans
and Specifications) to obtain all necessary Permits; and (iv) the Plans and Specifications to be
prepared using the AutoCAD Computer Assisted Drafting and Design System, using naming conventions
issued by the American Institute of Architects in June, 1990 and magnetic computer media of such
drawings and specifications translated in convertible DWG format. Tenant shall cause Tenant’s
Plans not to include any Tenant Improvements that will or that reasonably might be anticipated to
(1) interfere with the normal operation of the Building, Building operations, or the Base Building
Systems; (2) materially increase maintenance or utility charges for operating the Building in
excess of the standard requirements for Comparable Buildings, or (3) affect the exterior or
structure of the Building.

          (b) Any provision of this Work Agreement or the Lease to the contrary notwithstanding,
Landlord’s approval of the Plans and Specifications shall not constitute an assurance by Landlord
that the Plans and Specifications satisfy any applicable Requirements or are sufficient to enable
the Contractor to obtain a building permit for the undertaking of the Tenant Improvements. If
Landlord notifies Tenant at any time that the Plans and Specifications must be revised due to their
failure to comply with the terms of this Work Agreement, such revisions shall be made at Tenant’s
expense and any delay arising in connection therewith shall constitute a Tenant delay and shall not
postpone or delay the Expansion Space A Rent Commencement Date and/or the Expansion Space B Rent
Commencement Date or otherwise give rise to any claim or cause of action against Landlord.

          (c) Tenant acknowledges that Landlord has furnished Tenant with a set of the Base Building
Plans pertaining to the Premises to assist Tenant in preparing Tenant’s Plans. Landlord does not
warrant the accuracy of such Base Building Plans and Landlord shall have no liability to Tenant or
anyone claiming through Tenant as a result of any inaccuracy in the Base Building Plans. Prior
to making or installing any of the Tenant Improvements, Tenant shall perform a field verification
to independently determine the existing conditions, specifications and dimensions of the Premises
and any variances from the Base Building Plans.

          (d) Tenant has appointed Tenant’s Representative for purposes of granting any consents or
approvals by Tenant under this Work Agreement and for authorizing and executing any and all Change
Orders or other documents in connection with this Work

C-5

 

Agreement and Landlord shall have the right to rely on Tenant’s Representative’s consent,
approval, authorization or execution as aforesaid.

          (e) Landlord has appointed Landlord’s Representative for purposes of granting any
consents or approvals by Landlord under this Work Agreement and for authorizing and executing any
and all Change Orders or other documents in connection with this Work Agreement and Tenant shall
have the right to rely on Landlord’s Representative’s consent, approval, authorization or execution
as aforesaid.

          (f) Tenant shall reimburse Landlord for all reasonable out-of-pocket costs incurred by
Landlord in reviewing any proposed Tenant Plans and Change Orders within thirty (30) days after
Tenant’s receipt of an invoice therefor.

     2.7 Notices. Landlord’s and Tenant’s respective addresses for notices given under
this Work Agreement are set forth in Article 1 of the Lease. Notices given under this Work
Agreement shall be sent in accordance with the provisions of Article 22-Notices of the Lease,
except Landlord shall also endeavor to send a courtesy notice to Tenant’s Representative(s) via
email and Tenant shall also endeavor to send a courtesy notice to Landlord’s Representative(s) via
email.

Article 3 — Construction

     3.1 Landlord Improvements. Except as might be expressly set forth herein to the
contrary, Landlord has no obligation to do any other work or pay any amounts with respect to the
Premises.

     3.2 Tenant Improvements. Tenant shall, at Tenant’s expense, Substantially Complete the
Tenant Improvements in a good and workmanlike manner and in accordance with the terms of this Work
Agreement not later than December 31, 2012. Except to the extent that the Plans and Specifications
provide otherwise, Tenant will cause the Tenant Improvements to be constructed of new materials
commensurate with the level of improvements for a typical first-class tenant in Comparable
Buildings and to satisfy, at a minimum, the minimum build-out standards established from time to
time by Landlord for the Building.

     3.3 General Contractor. Tenant shall enter into a contract for construction of the
Tenant Improvements with a general contractor. The general contractor shall be subject to
Landlord’s approval, such approval not to be unreasonably withheld, conditioned or delayed, and
upon such selection and approval such general contractor shall be the “Contractor” under this Work
Agreement. Tenant’s construction contract with the Contractor shall be subject to Landlord’s
prior approval, such approval not to be unreasonably withheld, conditioned or delayed. The
Contractor shall be responsible for all required construction, management and supervision of the
Tenant Improvement work.

     3.4 Subcontractors. Landlord shall have the right to approve Tenant’s subcontractors,
such approval not to be unreasonably withheld, conditioned or delayed.

     3.5 Certain Essential Work. All Tenant Improvement connections or tie-ins to the
base Building energy management, sprinkler and fire and life safety systems shall be performed at
Tenant’s expense by the applicable Essential Sub. All Tenant Improvement work relating to

C-6

 

the Building exterior walls and windows (including window removal and reinstallation for hoisting
purposes), and the roof (excluding HVAC), shall be performed at Tenant’s expense by the applicable
Essential Sub. Landlord shall provide Tenant with a list of the Essential Subs.

     3.6 Permits. Prior to commencement of the Tenant Improvements, Tenant shall, at
Tenant’s expense, obtain the Permits.

     3.7 Pre-Construction Deliveries. Not fewer than five (5) days prior
to commencement of construction of the Tenant Improvements, Tenant shall deliver the following
information and items to Landlord:

          (a) the names and addresses of Tenant’s Contractors;

          (b) the schedule for commencement of construction, the estimated date of Substantial
Completion, the fixturing work and the date on which Tenant will commence occupancy of the Premises
for the conduct of Tenant’s business;

          (c) Tenant’s itemized statement of the estimated Improvement Costs;

          (d) certificates of insurance evidencing all insurance coverage required under the Lease and
this Work Agreement; and

          (e) a copy of the Permits.

     3.8 Tenant’s Equipment. Tenant, at Tenant’s expense, shall be responsible for
ordering and for the delivery and installation of Tenant’s Equipment.

     3.9 Post Construction Activities. Prior to Tenant’s use or occupancy of the Premises
or any portion thereof and Landlord’s disbursement of any portion of the Retainage, Tenant shall,
at Tenant’s expense, deliver to Landlord a copy of the certificate of occupancy and all other
certifications and approvals with respect to the Tenant Improvements that may be required from any
governmental authority and/or any board of fire underwriters or similar body for the use and/or
occupancy of the Premises; and certificates of insurance evidencing all insurance coverage required
under the Lease and this Work Agreement.

     3.10 General Construction Provisions.

          (a) Any damage caused by Tenant’s Contractors to any portion of the Building or to any
property of Landlord or other tenants shall be repaired forthwith after written notice from
Landlord to its condition prior to such damage by Tenant at Tenant’s expense.

          (b) Tenant and Tenant’s Contractors shall access the Premises via the Building freight
elevator, work in harmony and not interfere with the performance of other work in the Building.

          (c) If at any time such entry shall cause, or in Landlord’s reasonable judgment threaten to
cause, such disharmony or interference, Landlord may terminate such permission upon 24 hours’
notice to Tenant, and thereupon, Tenant or its employees, agents, contractors, and suppliers
causing such disharmony or interference shall immediately withdraw from the

C-7

 

Premises and the Building until Landlord reasonably determines such disturbance no longer
exists.

          (d) Tenant shall comply with and cause Tenant’s Contractors to comply with the rules and
regulations attached hereto as Annex 5-Construction Rules and Regulations and such other
reasonable rules and regulations as Landlord from time to time establishes concerning construction
work in the Building.

Article 4 — Improvement Costs and Landlord’s Contribution

     4.1 Improvement Costs. Tenant shall be responsible for the full and timely payment of
all Improvement Costs, subject to Landlord’s disbursement of Landlord’s Contribution as provided in
this Work Agreement. Landlord shall make disbursements from Landlord’s Contribution (which shall
be made directly to Tenant’s vendors for unpaid invoices and/or directly to Tenant for
reimbursement for Tenant-paid invoices) as invoices are rendered to Landlord, provided that
Landlord has received partial or final (as applicable) lien waivers and such other documentation as
Landlord may reasonably require from the party requesting such payment. Landlord shall have the
right to deduct Landlord’s Fee from Landlord’s Contribution as and when Landlord makes
disbursements from Landlord’s Contribution. Tenant agrees that at least $75,000 of Landlord’s
Contribution shall be used towards the payment of Improvement Costs for Expansion Space B.

     4.2 Landlord’ s Contribution. Landlord shall disburse an amount not to exceed
Landlord’s Contribution toward (i) not to exceed $50,000 in the aggregate, Furniture Costs and
Moving Costs, (ii) the costs incurred by Tenant in connection with the Monument Sign and (iii) the
Improvement Costs.

     4.3 Disbursement of Landlord’s Contribution.

          (a) Landlord shall make progress payments to Tenant from Landlord’s Contribution for the
work performed during the previous month, less a retainage of ten percent (10%) of each progress
payment (“Retainage”), such that if all conditions set forth in this Exhibit to Landlord’s
obligation to make a progress payment have been satisfied and (i) the invoice for which Tenant
seeks a progress payment states that the Retainage has been deducted from the total amount owed,
the progress payment will be for entire amount that is then payable under such invoice, and (ii)
the invoice for which Tenant seeks a progress payment does not state that the Retainage has been
deducted from the total amount owed, the progress payment will be for ninety percent (90%) of the
invoiced amount. Prior to disbursement of the first progress payment, Landlord shall have received
a copy of Tenant’s construction contract with the Contractor and Tenant’s budget (showing all
Improvement Costs) for the Tenant Improvements. Each progress payment shall be limited to that
fraction of the total amount of such payment, the numerator of which is the amount of Landlord’s
Contribution and the denominator of which is the total contract price (or, if there is no specified
or fixed contract price for the Tenant Improvements, then Landlord’s reasonable estimate thereof)
for the performance of all of the Tenant Improvements shown Tenant’s Plans as approved by Landlord.

          (b) Prior to disbursement of the first progress payment, Landlord shall have approved Tenant’s
construction contract with the Contractor and Tenant’s budget (showing all

C-8

 

Improvement Costs) for the Tenant Improvements, such approvals not to be unreasonably withheld,
conditioned or delayed.

          (c) If Landlord receives Tenant’s request (together with the supporting documentation required
hereunder) for a disbursement from Landlord’s Contribution on or before the seventeenth
(17th) day of a month, Landlord will make such disbursement not later than on the last
day of the first calendar month following the calendar month during which Landlord received such
request. If Landlord receives Tenant’s request (together with the supporting documentation
required hereunder) for a disbursement from Landlord’s Contribution after the seventeenth
(17th) day of a month, Landlord will make such disbursement not later than on the last
day of the second calendar month following the calendar month during which Landlord received such
request. Each of Tenant’s requisitions for a disbursement from Landlord’s Contribution shall be
signed by Tenant’s Representative, shall set forth the names of each contractor and subcontractor
to whom payment is due or for which Tenant seeks reimbursements for payments made by Tenant and the
amount thereof, and shall be accompanied by:

               (i) with respect to the first requisition, copies of conditional waivers and releases of lien
upon progress payment in such form as Landlord reasonably requires from all of Tenant’s
Contractors and material suppliers covering all work and materials for which the progress payment
is being made, and after the first requisition, copies of conditional waivers and releases of lien
upon progress payment in such form as Landlord reasonably requires from all of Tenant’s
Contractors and material suppliers covering all work and materials for which the progress payment
is being made, together with copies of unconditional waivers and releases of lien upon progress
payment in such form as Landlord reasonably requires from all of Tenant’s Contractors and material
suppliers covering all work and materials which were the subject of previous progress payments by
Landlord and Tenant;

               (ii) Tenant’s Architect’s written certification that the work for which the requisition is
being made has been Substantially Completed in accordance with the Plans and Specifications; and

               (iii) such other documents and information as Landlord may reasonably request.

          (d) Landlord shall disburse the Retainage upon submission by Tenant to Landlord of Tenant’s
requisition therefor accompanied by all documentation required above, together with:

               (i) Tenant’s Architect’s written certification of final completion of the Tenant Improvements
in accordance with the Plans and Specifications. In addition, Landlord shall have the right to
inspect the Premises so that Landlord can be reasonably satisfied of the final completion of the
Tenant Improvements in accordance with the Plans and Specifications;

               (ii) a copy of the certificate of occupancy and all other certifications and approvals with
respect to the Tenant Improvements that may be required from any Governmental Authority and/or any
board or fire underwriters or similar body for the use and/or occupancy of the Premises;

C-9

 

               (iii) final waivers and releases of lien in such form as Landlord reasonably requires from
all of Tenant’s Contractors and material suppliers;

               (iv) certificates of insurance evidencing all insurance coverage required under the Lease and
this Work Agreement;

               (v) a copy of each guaranty, warranty and O&M manual applicable to the Tenant Improvements.
At Landlord’s request, Tenant shall enforce, at Tenant’s expense, all guarantees and warranties
made with respect to the Tenant Improvements; and

               (vi) final “as built” plans (five (5) sets) and certified air balance reports for the
Premises. The “as-built” plans shall be prepared on the AutoCAD Computer Assisted Drafting and
Design System, using naming conventions issued by the American Institute of Architects in June,
1990 and magnetic computer media of such drawings and specifications translated in convertible DWG
format.

     4.4 Special Application of Landlord’s Contribution. If any portion of Landlord’s
Contribution remains after December 31, 2012, such excess amount shall be retained by and belong to
Landlord.

     4.5 Additional Rent. All amounts payable by Tenant pursuant to this Work Agreement
shall be deemed to be Additional Rent for purposes of the Lease.

     4.6
Conditions to Advance. Any provision of the Lease or this Work Agreement to the
contrary notwithstanding, Landlord shall have no obligation to make any payment or disbursement
from Landlord’s Contribution (i) if the Lease is not in full force and effect or there exists any
Event of Default; (ii) for any deposit or off-site prefabrication, whether for Tenant Improvements,
Tenant’s Equipment or otherwise; (iii) for any Tenant Improvements that are not in place at the
Premises; or (iv) for any Tenant’s Equipment not located at the Premises.

     4.7
Failure to Pay Contractors. Any provision of the Lease or this Work Agreement to
the contrary notwithstanding, assuming Landlord funds disbursement requests in accordance with the
terms of this Work Agreement, if Tenant does not pay any of Tenant’s Contractors or material
suppliers, Landlord shall have the right, but not the obligation, to promptly pay to such
contractor or supplier all sums so due from Tenant, and Tenant agrees the same shall be deemed
Additional Rent and shall be paid by Tenant within ten (10) days after Landlord delivers to Tenant
an invoice therefor.

     4.8 Excess Costs. If Landlord reasonably determines at any time that
the Improvement Costs exceed or might exceed the remaining Landlord’s Contribution (the “Excess
Cost”), Tenant shall pay such Excess Cost to Landlord within thirty (30) days after Tenant’s
receipt of a written request therefor. Once Landlord has received the Excess Cost payment and the
full amount of the Excess Cost held by Landlord has been used to pay Improvement Costs, Landlord
shall apply the remaining Landlord’s Contribution towards payment of the
Improvement Costs.

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Annex 1

Requirements for Preliminary Space Plan

Floor plans showing partition arrangement including the following information:

	 	a.	 	space plan showing the general layout of offices, open plan areas and special
tenant areas;
	 
	 	b.	 	typical individual work station layouts;
	 
	 	c.	 	identify the extent of each department on each floor;
	 
	 	d.	 	show door locations and door swings in partitions;
	 
	 	e.	 	identify general location and size of interconnecting stairs;
	 
	 	f.	 	indicate preliminary furniture layout for typical offices and work stations,
conference rooms, employee lounge, reception area, training room and print room;
	 
	 	g.	 	indicate locations for coffee rooms and shower rooms; and
	 
	 	h.	 	preliminary locations for built-in millwork.

Annex 1-1

 

 

Annex 2

Requirements for Final Space Plan

     Floor plans, together with related information for mechanical, electrical and plumbing
design work, showing partition arrangement (3 sets), including without limitation the following
information:

	 	a.	 	identify the location of conference rooms and density of occupancy;
	 
	 	b.	 	indicate the density of occupancy for all rooms, except individual use rooms such as
offices;
	 
	 	c.	 	identify the location of any food service areas or vending equipment rooms;
	 
	 	d.	 	identify areas, if any, requiring 24 hour air conditioning;
	 
	 	e.	 	indicate those partitions that are to extend from floor to underside of
structural slab above or require special acoustical treatment;
	 
	 	f.	 	identify the location of rooms for telephone equipment other than Building
core telephone closet, identify type of equipment for these rooms;
	 
	 	g.	 	identify the locations and types of plumbing required for toilets (other than
core facilities), sinks, drinking fountains, etc.;
	 
	 	h.	 	indicate light switches in offices, conference rooms and all other rooms in the
Premises;
	 
	 	i.	 	indicate the layouts for specially installed equipment, including computer and
duplicating equipment, the size and capacity of mechanical and electrical services required and
heat rejection of the equipment;
	 
	 	j.	 	indicate the location of: (A) electrical receptacles one hundred twenty (120) volts,
including receptacles for wall clocks, and telephone outlets and their respective
locations (wall or floor), (B) electrical receptacles for use in the operation of
Tenant’s business equipment which requires 208 volts or separate electrical
circuits, (C) electronic calculating and CRT systems, etc., and (D) special
audio-visual requirements;
	 
	 	k.	 	indicate proposed layout and location of any of special equipment (e.g., fire suppression
equipment for computer room);
	 
	 	l.	 	indicate the swing of each door;
	 
	 	m.	 	indicate any special file systems to be installed which would require
special construction; and
	 
	 	n.	 	lighting layouts for each floor.

Annex 2-1

 

 

Annex 3

Requirements for Plans and Specifications

     Final architectural detail and working drawings, finish schedules and related plans (3
reproducible sets) including without limitation the following information and/or meeting the
following conditions:

	 	a.	 	specifications of all materials, colors and
suppliers/manufacturers of wallcoverings, floor coverings, ceiling systems, window
coverings and other finishes; all millwork shall be fully detailed to the appropriate
level for pricing and construction; all specialty items shall be identified as
particular products; and paintings and decorative treatment required to complete all
construction;
	 
	 	b.	 	complete, finished, detailed mechanical, electrical, plumbing and structural
plans and specifications for the Tenant Improvements, including but not limited to the
fire and life safety systems and all work necessary to connect any special or non-standard facilities to the Building’s base mechanical systems; and
	 
	 	c.	 	all final floor plans must be drawn to a scale of one-eighth (1/8) inch to one
(1) foot except for larger scaled detailed drawings. Any architect or designer acting
for or on behalf of Tenant shall be deemed to be Tenant’s agent in all respects with
respect to the design and construction of the Premises.

Annex 3-1

 

 

Annex 4

[intentionally
omitted]

Annex 4-1

 

 

Annex 5

Construction Rules and Regulations

	1.	 	Tenant and/or the general contractor will supply Landlord with a copy of all permits prior
to the start of any work.
	 
	2.	 	Tenant and/or the general contractor will post the building permit on a wall of the
construction site while work is being performed.
	 
	3.	 	The Tenant shall provide, in writing, prior to commencement of the work, the names and
emergency numbers of all subcontractors, the general contractor superintendent, general
contractor’s project manager and the Project Manager.
	 
	4.	 	No construction is to be started until the drawings required under the Work Agreement have
been submitted and approved in writing by Landlord.
	 
	5.	 	Landlord is to be contacted by Tenant when work is completed for inspection. All damage to
building will be determined at that time unless determined earlier.
	 
	6.	 	Any work that is to be performed in other than Tenant’s Premises must be reviewed and
scheduled in advance with the Landlord.
	 
	7.	 	Landlord will be notified of all work schedules of all workmen on the job and will be
notified, in writing, in advance, of names of those who may be working in the building after
“normal” business hours.
	 
	8.	 	Construction personnel must carry proper identification at all times.
	 
	9.	 	All workers are required to wear a shirt, shoes, and full length trousers.
	 
	10.	 	Landlord must approve all roof top equipment and placement. All penetrations must be cut and
flashed by the roof warranty holder of the existing roof system.
	 
	11.	 	Landlord shall designate contractor-parking areas (if any).
	 
	12.	 	Contractor must notify Landlord two days prior to an independent air balancing service by a
certified air balance company. Landlord’s building engineer will accompany the contractor
during their work. Landlord must receive a copy of the final approved balance report.
	 
	13.	 	Before Landlord makes final payment, three (3) sets of as-built and all O&M manuals as well
as a CADD disc must be submitted to Landlord.
	 
	14.	 	The general contractor and Tenant shall be responsible for all loss of their materials and
tools and, except to the extent the same is a result of the negligence or willful misconduct
of Landlord or the Landlord Parties, shall hold Landlord harmless for such loss and from any
damages or claims resulting from the work.

Annex 4-1

 

 

	15.	 	The general contractor shall maintain insurance coverage throughout the job of a type(s),
and in amounts set forth under the Lease. Prior to the commencement of work, a Certificate
of Insurance must be submitted with the limits of coverage per the limits noted in the Lease
with such parties being named as additional insureds as Landlord requires from time to time.

	16.	 	All key access, fire alarm work, or interruption of security hours must be arranged with the
Landlord.

	17.	 	Proper supervision shall be maintained at the job site at all times and Tenant’s workmen,
mechanics and contractors must not unreasonably interfere with the Buildings operations or
Landlord. Tenant’s workmen, mechanics and contractors shall use good faith efforts to work in
harmony with and shall not unreasonably interfere with any labor employed by the property
manager or any other Tenant, or their workmen, mechanics and contractors.

	18.	 	Landlord is to be notified in advance of all ties into Base Building Systems, welding, or any
work affecting the base building or other tenant spaces unless agreed to otherwise, all
tie-ins to base building fire alarm systems are performed by Landlord, designated contractor
and cost borne by Tenant.

	19.	 	The following work, of which Landlord is to be notified in advance, must be done on overtime
and not during normal business hours once any portion of the building is occupied (by tenants
other than the property management office):

	 	•	 	 Demolition which per building manager’s judgment may cause disruption
to other tenants.
	 
	 	•	 	Oil base painting (on multi-tenant floors)
	 
	 	•	 	Gluing of carpeting (on multi-tenant floors)
	 
	 	•	 	Shooting of studs for mechanical fastenings
	 
	 	•	 	Testing of life safety system, sprinkler tie-ins.
	 
	 	•	 	Work performed in occupied spaces.
	 
	 	•	 	Welding, brazing, soldering and burning with proper fire protection and
ventilation.
	 
	 	•	 	Other activities that, in building manager’s reasonable judgment, may disturb other
tenants.

	20.	 	All building shutdowns — electrical, plumbing, HVAC equipment, fire and life-safety must be
coordinated with Landlord in advance. Landlord’s and Factory Mutual procedures for hot
work, fire alarm and sprinkler shutdowns must be followed. Landlord’s on-site engineer
will detail the requirements summarized below:

Annex 4-2

 

 

	 	•	 	 Smoke detectors must be bagged or cleaned daily and placed back in service
at the end of each day.
	 
	 	•	 	Call outs for fire alarm and sprinkler systems must be made with and only with
Landlord’s personnel and with the attached forms. All systems must be put back into
service at the end of each work day and working correctly.
	 
	 	•	 	Hot work, i.e., torch burning/cutting and welding must be permitted through
Landlord’s personnel and contractor must use Landlord’s form.
	 
	 	•	 	When welding, contractor shall provide a fused disconnect switch for connection to
building power supply and a Fire Watch.
	 
	 	•	 	Forms are to be provided at kickoff meeting.

	21.	 	Fire extinguishers supplied by the general contractor must be on the job-site at all times
during demolition and construction

	22.	 	No building materials are to enter the building by way of main lobby, and no materials are to
be stored in any lobbies or fire stairs at any time.

	23.	 	Contractors or personnel will use loading dock area for all deliveries and will not use the
loading dock for vehicle parking.

	24.	 	Passenger elevators shall not be used for moving building materials and shall not be used for
construction personnel except in the event of an emergency. The designated freight elevator
and one or more protected passenger elevators are the only elevators to be used for moving
materials and construction personnel. These elevators may be used only when they are
completely protected as reasonably determined by Landlord’s building engineer.

	25.	 	Protection of hallway carpets, wall coverings, and elevators from damage with masonite board,
carpet, cardboard, or pads is required. They may be removed from time to time as reasonably
requested by the Landlord.

	26.	 	Public spaces, corridors, elevators, bathrooms, lobby, etc. must be cleaned after use.
Construction debris or materials found in public areas will be removed at Tenant’s cost.

	27.	 	Contractors will remove their trash and debris daily or as often as necessary to maintain
cleanliness in the building. Building trash containers are not to be used for construction
debris. Landlord reserves the right to bill Tenant for any cost incurred to clean up debris
left by the general contractor or any subcontractor (other than Contractor). Further, the
building staff is instructed to hold the driver’s license of any employee of the contractor
while using the freight elevator to ensure that all debris is removed from the elevator.

	28.	 	All construction materials or debris must be stored within the project confines or in an
approved lock-up.

Annex 4-3

 

 

	29.	 	Contractors will be responsible for daily removal of waste foods, milk and soft drink
containers, etc. to trash room and will not use any building trash receptacles but trash
receptacles supplied by them.
	 
	30.	 	Construction personnel are not to eat in the lobby or in front of building nor are they to
congregate in the lobby or in front of building.
	 
	31.	 	There will be no smoking, eating, or open food containers in the elevators, carpeted areas or
public lobbies.
	 
	32.	 	There will be no alcohol or controlled substances allowed or tolerated.
	 
	33.	 	There will be no yelling or boisterous activities.
	 
	34.	 	Radios shall not be played on job site, except that radios shall be permitted until the first
tenant occupies any portion of the Building. In any event, radio volume shall be kept to a
reasonable level as reasonably determined by Landlord.
	 
	35.	 	Landlord shall grant access to the base building electrical, telephone and mechanical rooms.
	 
	36.	 	No utilities (electricity, water, gas, plumbing) or services to the tenants are to be cut off
or interrupted without first having requested, in writing, and secured, in writing, the
permission of Landlord (which shall not be unreasonably withheld, conditioned or delayed).
	 
	37.	 	No electrical services are to be put on the emergency circuit, without specific written
approval from Landlord (which shall not be unreasonably withheld, conditioned or delayed).
	 
	38.	 	When utility meters are installed, the general contractor must provide the property manager
with a copy of the operating instructions for that particular meter.
	 
	39.	 	All public areas such as elevator lobbies, corridors, toilets and service halls shall be
protected with masonite and other such materials to the satisfaction of the building
manger/representative or representative.
	 
	40.	 	Trash and debris resulting from the work shall be confined to either the interior of the
space under construction or an on-site dumpster. If it is a dumpster, then such debris shall
be kept within the confines of the dumpster. The general contractor shall coordinate the
location of the dumpster with the landlord and plywood shall be used to protect the surface
from damage.
	 
	41.	 	Contractor is responsible to keep the construction area safe and in a workmanlike manner.
Machinery noise shall not interfere with the peaceful enjoyment of any tenant or their
invitees to the building. No smoking in the building will be allowed at any time.

Annex 4-4

 

 

	42.	 	Clear access to be provided at all times to stairwells, mechanical/electrical equipment
and rooms, elevators, fire hoses, valves, fire dampers and maintenance sensitive equipment.

	43.	 	Adequate lighting is to be provided in construction areas to achieve a safe working
environment.

	44.	 	A Tenant valve tag chart shall be submitted to the Landlord.

	45.	 	All piping and wiring systems shall be adequately supported from building structure.

	46.	 	The cleaning of condenser water pipes shall be done in the presence of the Landlord’s
representative with the chemical used per the building’s chemical treatment company’s
recommendation.

	47.	 	All mechanical and electrical equipment shall have permanent identification labels affixed.

	48.	 	Kitchen exhaust access doors must be clearly identified and accessible for periodic
inspection as required by law.

	49.	 	All telecommunication cabling in common areas, mechanical equipment rooms, etc. shall be
installed in an enclosed raceway and shall be identified.

	50.	 	All air handlers, CAV boxes and VAV boxes need pre-filters (construction filters) installed
over filter bank and may require periodic changes during the construction period until each
floor is complete at which time a change out of filters is required. All units will be
required to be cleaned thoroughly if the system is contaminated and this procedure is not
maintained.

	51.	 	All mechanical, telephone, electrical and pump room floors must be painted at the end of the
job. Damaged, stained or new walls and pipe, etc. must be painted to match existing pipes and
new pipes must match Landlord’s standard colors.

	52.	 	After all tenant construction is complete, the elevator systems need to be cleaned by the
elevator service provider at tenant contractor’s expense. This includes rails, pits, tops of
cabs, machine rooms.

Annex 4-5exv10w8

Exhibit 10.8

LEASE

BETWEEN:

674951 ONTARIO LIMITED

- and –

ELOQUA CORPORATION

GOODMAN AND CARR

Suite 2300

200 King Street West

Toronto, Ontario

M5H 3W5

 

 

INDEX

	 	 	 	 	 
	 	 	 	 	Page
	1.
	 	DEMISE	 	1
	2.
	 	TERM	 	1
	3.
	 	USE OF PREMISES	 	2
	4.
	 	RENT	 	3
	5.
	 	PAYMENT	 	3
	6.
	 	DEPOSIT	 	3
	7.
	 	ADDITIONAL RENT	 	3
	8.
	 	RENT AND ADDITIONAL PAST DUE	 	4
	9.
	 	TENANT’S COVENANTS	 	4
	10.
	 	INSURANCE	 	9
	11.
	 	OPERATING COSTS	 	13
	12.
	 	MUTUAL COVENANTS	 	13
	13.
	 	FIXTURES AND REMOVAL AND RESTORATION BY TENANT	 	16
	14.
	 	RE-ENTRY	 	17
	15.
	 	EXPENSES AND REMOVAL OF CHATTELS	 	19
	16.
	 	LANDLORD MAY CURE TENANT’S DEFAULT	 	19
	17.
	 	LIEN ON TRADE FIXTURES	 	19
	18.
	 	ADDITIONAL RENT	 	19
	19.
	 	NET LEASE	 	20
	20.
	 	QUIET ENJOYMENT	 	20
	21.
	 	RIGHT OF ENTRY	 	20
	22.
	 	IMPROVEMENTS	 	20
	23.
	 	FIRE	 	21
	24.
	 	ASSIGNMENT BY LANDLORD	 	22
	25.
	 	LIMITATION OF LANDLORD’S LIABILITY	 	22
	26.
	 	SIGNS	 	23
	27.
	 	WAIVER OF BREACH	 	23
	28.
	 	NOTICES	 	23
	29.
	 	STATUS STATEMENT	 	24
	30.
	 	SUBORDINATION	 	24
	31.
	 	IMPOSSIBILITY OF PERFORMANCE	 	24
	32.
	 	MISCELLANEOUS	 	25

SCHEDULES AND APPENDICES

	 	 	 	 	 

	SCHEDULE “A”
	 	Plan of Building	 	28
	SCHEDULE “B”
	 	Legal Description	 	29
	SCHEDULE “C”
	 	Landlord’s and Tenant’s Work	 	30
	SCHEDULE “D”
	 	Rules and Regulations	 	31

 

 

THIS INDENTURE made the 10th day of February, 2005.

IN PURSUANCE OF THE SHORT FORMS OF LEASES ACT

B E T W E E N:

	 	 	 	 
	 	 	 	 
	 
	 	674951 ONTARIO LIMITED,	 
	 
	 	 	 
	 
	 	(herein called the “Landlord”)	 
	 
	 	 	 
	 
	 	OF THE FIRST PART.	 
	 
	 	 	 
	 
	 	- and -	 
	 
	 	 	 
	 
	 	ELOQUA CORPORATION	 
	 
	 	 	 
	 
	 	(herein called the “Tenant”)	 
	 
	 	 	 
	 
	 	OF THE SECOND PART.	 

1. DEMISE

(a) In consideration of the rents, covenants and agreements hereinafter reserved and contained on
the part of the Tenant to be paid, observed and performed, the Landlord hereby demises and leases
to the Tenant, and the Tenant rents from the Landlord, Suite No. 214 (the “Leased
Premises”), containing a rentable area of approximately Twelve Thousand Six Hundred Ninety Five
(12,695) square feet (including a 12% surcharge of net area to cover the proportion of
the Common Areas of the Building in which the Leased Premises are located which is chargeable to
the Leased Premises), and being located as shown outlined in red on Schedule “A” attached, in one
of the buildings (the “Building”) erected upon the lands (the “Lands”) situate, lying and being in
the City of Toronto, in the Municipality of Metropolitan Toronto (as more particularly described in
Schedule “B” attached), and municipally known as 543 Richmond Street West, Toronto. The demise of
the Leased Premises, as aforesaid, includes, without limitation, the windows, exterior walls and to
the centre of the interior walls comprising the Leased Premises.

(b) Prior to the Commencement Date, the Landlord shall provide to the Tenant its architect’s
certification of the rentable area of the leased premises whose determination shall be binding upon
the parties.

(c) The Tenant shall have the non-exclusive right, at all times, in common with others entitled
thereto, to the use of the common driveways, entrances and exits, roadways, pedestrian walkways,
loading and unloading docks, service areas and all other common areas and facilities of the
Building and the Lands (the “Common Areas and Facilities”) provided from time to time by the
Landlord. However, the Landlord shall have the right to make all such changes, improvements or
alterations as the Landlord may, in its sole discretion, from time to time decide in respect of the
Building and the Common Areas and Facilities, including, without limitation, the right to change
the location and layout of the parking areas. Any such changes, improvements or alterations
shall be carried out by the Landlord with a view to minimizing, to the extent
reasonably possible under the circumstances, interference with the Tenant’s use of the
Building and the Common Areas and Facilities. The use of all Common Areas and Facilities shall
be subject to the provisions of this Lease and to the rules and regulations made by the Landlord
with respect thereto from time to time.

(d) The Tenant hereby acknowledges that postal delivery within the Building is made to post boxes
located on the ground floor of the Building. The Tenant’s post box number is P.O. Box 103

(e) The Tenant acknowledges and agrees that it is accepting possession of the Leased
Premises in an “as is” condition as of the Commencement of the Term and that the Landlord has no
responsibility or liability for making renovations, alterations or improvements in or to the Leased
Premises, save and except for the Landlord’s Work, if any, set out in Schedule “C” attached hereto.
All further renovations, alterations or improvements in or to the Leased Premises are the sole
responsibility of the Tenant and shall be undertaken or completed at the Tenant’s expense and
strictly in accordance with the provisions of this Lease.

 

 

2. TERM

(a) To have and to hold the Leased Premises, unless sooner terminated as hereinafter provided, for
and during the term (the “Term”) which shall be the period of Five (5) years to be computed
from and inclusive of the 1st day of November, 2005, (the “Commencement Date”) and to be fully
complete and ended on the 31st day of October, 2010;

(b) Provided, and it is hereby agreed, that if due to the failure of the Landlord for any reason
whatsoever to complete the Landlord’s work set out in Schedule “C” attached or to make available
the services which the Landlord is hereby obligated to furnish (other than as a result of the
Tenant not providing complete plans and specifications for the construction of the Leased Premises
in a timely manner in accordance with the provisions of Schedule “C”, in which case there shall be
no delay in the commencement date and no abatement of any part of the rent), the Leased Premises or
any part thereof are not ready for occupancy by the Tenant on the Commencement Date as set out in
Paragraph 2(a) hereof, no part of the rent or only a proportionate part thereof in the event that
the Tenant shall occupy a portion of the Leased Premises, shall be payable for the period prior to
the date when the Leased Premises are ready for occupancy and the full rent shall accrue only after
such aforementioned date. The Tenant hereby agrees to accept such abatement of rent in full
settlement of any and all claims which the Tenant may otherwise have by reason of the Leased
Premises not being ready for occupancy on the Commencement Date, and in such event, the
commencement and expiration dates of the Term as set out in Paragraph 2(a) hereof shall be extended
accordingly. Provided further, that when the Landlord has substantially completed the Leased
Premises in accordance with the provisions of this Lease and the Construction Lien Act (Ontario)
and amendments thereto, delivered possession of the Leased Premises to the Tenant and made
available the required services, the Tenant shall not be entitled to any abatement of rent for any
delay in occupancy due to the Tenant’s failure to complete all installations or other work required
to be completed by the Tenant in accordance with the provisions of this Lease or for the purpose of
carrying on its business operations in the Leased Premises. The decision of the Landlord’s
architect or engineer shall be final and binding upon both parties hereto as to whether or not the
Leased Premises are ready for occupancy by the Tenant and, if necessary, as to the portion of the
Leased Premises that are available for occupancy.

(c) The Tenant shall, upon receipt of Notice from the Landlord, execute an acknowledgment of the
actual Commencement Date of the Term no later than the date on which the Tenant commences business
in or from the Leased Premises. The Tenant shall not have any right to occupy any part of the
Leased premises prior to the Commencement Date of the Term, as aforesaid, unless the Tenant first
obtains the prior consent of the Landlord.

(d) Following execution of this Lease and substantial completion of its leasehold improvements,
but in no event earlier than April 1, 2005, the Tenant shall be permitted to occupy the Leased
Premises for the purpose of conducting its business therein, provided it shall comply with and
abide by all the terms and conditions of this Lease, save and except for the payment of Minimum
Rent and its share of Realty Taxes and Operating Costs. The Tenant will be responsible for the
payment of its share of Hydro Charges while in occupancy prior to the Commencement Date which costs
are estimated to be $1.75 per square foot. Without limiting the generality of the foregoing, the
Tenant shall ensure it complies with all covenants and obligations with respect to
insurance while occupying the Leased Premises prior to the Commencement Date.

3. USE OF PREMISES

          The Tenant shall continuously, actively and diligently use and occupy the Leased Premises only
for general business offices and for no other purpose. The Tenant, in the use and
occupation of the Leased Premises and in the prosecution or conduct of the foregoing business
therein, shall comply with the requirements of all laws, ordinances, rules and regulations of the
federal, provincial and municipal authorities and with any direction or certificate of occupancy
issued pursuant to any laws by any public officer or officers. The Tenant shall not use or permit
to be used any part of the Leased Premises for any dangerous, noxious, or offensive trade or
business and will not cause or maintain any nuisance in, at, or on the Leased Premises.

2

 

4. RENT

          The Tenant shall pay from and after the Commencement Date and throughout the Term, to the
Landlord, in lawful money of Canada, without any prior demand therefor, and without any deduction,
abatement, set-off or compensation whatsoever, as Annual Minimum Rent (the “Minimum Rent”), the sum
of One Hundred Thirty Thousand Eight Hundred Eighty Five Dollars and Forty Five Cents
($130,885.45), payable in equal consecutive monthly instalments of Ten Thousand Nine
Hundred Seven Dollars and Twelve Cents ($10,907.12), each in advance on the first day of each
calendar month throughout the Term. The Minimum Rent is based upon an annual rate of Ten
Dollars and Thirty One Cents ($10.31) per square foot of the rentable area of the Leased
premises.

          If the Term commences on any day other than the first or ends on any day other than the last
day of a calendar month, all rent for the fractions of a month at the commencement or expiration of
the Term shall be pro-rated on a per diem basis based on a period of three hundred and sixty-five
(365) days.

          At the request of the Landlord, the Tenant shall present to the Landlord at the commencement
of each year throughout the Term, a series of monthly postdated cheques for each such year of the
Term in respect of the aggregate of the monthly payments of annual Minimum Rent and any payments of
additional rent estimated by the Landlord in advance, and any other payments required by this Lease
to be paid by the Tenant monthly in advance.

5. PAYMENT

          All payments required to be made by the Tenant under or in respect of this Lease shall be made
to the Landlord at the Landlord’s office at 555 Richmond Street West, Toronto, Ontario, M5V 3B1,
attention Property Manager, or to such agent of the Landlord or at such other place or address as
the Landlord shall hereafter from time to time direct in writing to the Tenant.

6. DEPOSIT

	 	 	See Rider “A” page 3B

7. ADDITIONAL RENT

          Any and all sums of money or charges required to be paid by the Tenant under this Lease
(except Minimum Rent), shall be deemed and paid as additional rent, whether or not the same are
designated as “additional rent” hereunder, or whether or not the same are paid to the Landlord or
otherwise, and all such sums whether or not the same are paid to the Landlord or otherwise, are to
be payable in lawful money of Canada without any deduction, set-off or abatement whatsoever.
Additional rent is due and payable with the next monthly instalment of Minimum Rent, unless
otherwise provided herein, but in any event, such additional rent is not payable as part of Minimum
Rent. Additional rent may be estimated by the Landlord from time to time and such estimated amount
is payable in monthly instalments in advance with annual adjustments, if necessary, and all
additional rent is deemed to be accruing due on a day to day basis.

3

 

Rider “A”

(a) DEPOSIT

     The Tenant hereby deposits with the Landlord as security for the prompt performance and
observance by the Tenant of all of the terms, covenants, conditions and provisions of this Lease
the sum of Thirty Thousand Dollars ($30,000.00) (the “Deposit”) to be held by the Landlord without
interest and applied as follows:

	 	(i)	 	If the Tenant complies with all of the terms, covenants, and conditions under this Lease and
is not otherwise in default under this Lease, then the first Twenty Thousand Dollars
($20,000.00) of the Deposit shall be applied and credited to the Tenant on account of Minimum
Rent and the Tenant’s proportionate share of Realty Taxes, Operating Costs and Utility Charges
(excluding GST) otherwise payable beginning on January 1, 2006 and shall continue to be
applied towards same until exhausted; and

	 	(ii)	 	If Tenant complies with all of the terms, covenants, and conditions under this Lease and is
not otherwise in default under this Lease, , then the balance of the Deposit, namely Ten
Thousand Dollars ($10,000.00) shall be applied and credited to the Tenant on account of
Minimum Rent and the Tenant’s proportionate share of Realty Taxes, Operating Costs and Utility
Charges (excluding GST) otherwise payable beginning on January 1, 2007 and shall continue to
be applied towards same until exhausted.

The Landlord shall be entitled, at its sole discretion, to apply the amount of the balance of the
Deposit as set out in the immediately preceding subparagraphs to any damage resulting from any
default by the Tenant of the covenants and obligations hereunder or towards the payment or
reduction of any claim of the Landlord against the Tenant.

(b) Irrevocable Standby Letter of Credit

                    The Tenant shall provide, in a form acceptable to the Landlord acting reasonably, within five
(5) business days of its execution of the Lease and prior to its occupancy of the Leased Premises,
an Irrevocable Standby Letter of Credit for Ninety Thousand Dollars ($90,000) from one of the five
largest Canadian Banks (the “Letter of Credit”) in favour of the Landlord which shall contain the
provision that the Landlord has the right to draw upon the Letter of Credit if the Tenant defaults
in the performance or observance of any of the terms, covenants or conditions of this Lease as and
when the same are due to be performed by Tenant. Then the Landlord, at its option, may appropriate
and apply all or any part of the Letter of Credit to cure such default, or on account of any losses
or damages sustained by Landlord as a result of such default. Additionally, the Letter of Credit
shall contain the following wording:

     In the event that:

	 	(i)	 	the Tenant makes an assignment for the benefit of creditors or commits any
act of bankruptcy as defined in the Bankruptcy and Insolvency Act, R.S.C. 1985, c.
B-3, or any successors thereto, or, becoming bankrupt and insolvent, takes the
benefit of any Act now or hereafter in force for bankrupt and insolvent debtors; or

	 	(ii)	 	any order is made for the winding-up or liquidation of the Tenant, or the
Tenant voluntarily commences winding-up procedures or liquidation; or

	 	(iii)	 	any order or appointment is made for an interim receiver, a receiver or a
receiver and manager of the Tenant; or

3b

 

	 	(iv)	 	the Lease has been terminated by the Landlord in accordance with the
provisions of the Lease because of the Tenant’s default under the Lease, or has
otherwise been forfeited and determined, prior to its expiry date otherwise than by
mutual consent of the parties thereto; or

	 	(v)	 	the Lease is terminated pursuant to any disclaimer, repudiation or surrender
by a trustee in bankruptcy of the Tenant or by an interim receiver, receiver,
receiver/manager, or liquidator of the Tenant or pursuant to operation of law, court
order, or as a result of any other proceedings or rights to do so pursuant to any
debtor protection legislation, and the Landlord determines that it has or will suffer
damages as a result thereof;

then the Landlord may draw upon this Letter of Credit, in full or any portion thereof remaining
outstanding, and the Landlord shall be entitled to retain such amount as agreed liquidated damages,
despite any termination of the Lease by any disclaimer, repudiation or surrender of this Lease by a
trustee in bankruptcy, or by an interim receiver, receiver, receiver/manager, or liquidator of the
Tenant, or by operation of law or a court order, and the Issuing Bank shall honour such demand.

Provided the Tenant is not in material default of the terms and conditions of the Lease, the Letter
of Credit is to be automatically reduced by the following amounts at its automatic renewal on the
following dates:

	 	a.	 	Upon automatic renewal of the Letter of Credit on January 1, 2007, the amount will be
reduced to EIGHTY THOUSAND ($80,000.00) DOLLARS CANADIAN;
	 
	 	b.	 	Upon automatic renewal of the Letter of Credit on January 1, 2008, the amount will be
reduced to SIXTY THOUSAND ($60,000.00) DOLLARS CANADIAN;
	 
	 	c.	 	Upon automatic renewal of the Letter of Credit on January 1, 2009, the amount will be
reduced to FORTY THOUSAND ($40,000.00) DOLLARS CANADIAN;
	 
	 	d.	 	Upon automatic renewal of the Letter of Credit on January 1, 2010, the amount will be
reduced to TWENTY THOUSAND ($20,000.00) DOLLARS CANADIAN;
	 
	 	e.	 	Provided the Tenant has performed all its obligations pursuant to the Lease, the
Letter of Credit shall expire on November 30, 2010.

3c

 

8. RENT AND ADDITIONAL PAST DUE

          If the Tenant fails to pay, when the same is due and payable, any rent or additional rent
payable by the Tenant under this Lease, such unpaid amount shall bear interest from the due date
thereof to the date of payment at the lesser of the rate of eighteen percent (18%) per annum (one
and one-half percent (1-1/2%) per month compounded annually), or the maximum annual rate permitted
by law.

9. TENANT’S COVENANTS

     The Tenant covenants with the landlord

(a) Payment of Rent

     To pay Minimum Rent and additional rent in the manner and at the times herein reserved.

(b) Business Taxes

          That in each and every year during the Term, the Tenant shall pay as additional rent and
discharge within ten (10) days after the same becomes due and payable, all taxes, rates, duties,
assessments and other charges that may be levied, rated, charged or assessed against or in respect
of all improvements, equipment and facilities on or in the Leased Premises and every tax and
licence fee in respect of any and every business carried on thereon or therein or in respect of the
use or occupancy thereof by the Tenant and any and every permitted occupant of the Leased Premises
(other than corporate income, profits or excess profits taxes assessed upon the income of the
Landlord), whether any such assessment tax, rate duty or licence fee is charged by any federal,
municipal, provincial, school or other bodies during the Term. The Tenant will indemnify and keep
indemnified the Landlord form and against payment for all loss, costs, charges and expenses,
occasioned by or arising from any and all such taxes, levies, rates, duties assessments, licence
fees (including all real property taxes pursuant to Paragraph 9 (c) hereof), and any and all taxes
which may in the future be levied in lieu thereof or in addition thereto. Any such loss, costs,
charges and expenses suffered by the Landlord pursuant to this paragraph 9(b) may be collected by
the Landlord as rent with all rights of distress and otherwise as reserved to the Landlord in
respect of rent in arrears. The Tenant further covenants and agrees that upon the request of the
Landlord, the Tenant will promptly deliver to the Landlord for inspection receipts for
payment of all taxes, rates, duties, assessments and other charges payable by the Tenant pursuant
to this Paragraph 9(b) which were due and payable up to one month prior to such request and will
furnish such other information in connection therewith as the Landlord may reasonably require.
Provided further, if the Tenant or any permitted occupant of the Leased Premises shall elect to
have the Leased Premises or any part thereof assessed for separate school taxes, the Tenant shall
pay to the Landlord as additional rent, as soon as the amount of such separate school taxes is
ascertained, any amount by which the amount of separate school taxes exceeds the amount which would
otherwise have been payable for school taxes had such election not been made by the Tenant or the
permitted occupant of the Leased Premises.

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(c)   
Realty Taxes

(i) That the Tenant will, as additional rent, in each and every year during the
Term and within the time or times hereinafter provided, pay directly to the
Landlord or to the taxing authority as the Landlord may direct from time to time,
and discharge all real property taxes (including local improvement rates, impost
charges or levies), rates, duties and assessments of any nature or kind that may be
levied, rated, charged or assessed against the Leased Premises or any part thereof,
from time to time by any taxing authority, whether federal, provincial, municipal,
school or otherwise, and including, but without limitation, any such taxes payable
by the Landlord which are imposed in lieu of or as a substitute for or in addition
to such real property taxes or on account of the Landlord’s ownership of the Lands
and the Building, whether of the foregoing character or whether same existed at the
commencement of the Term (collectively “real property taxes”).

(ii) If there are separate real property tax bills and separate real property
assessment notices for the Leased Premises, the Tenant agrees to provide the
Landlord within ten (10) days after demand therefor by the Landlord with a copy of
any separate real property tax bills and separate real property assessment notice
for the Leased Premises. The Tenant will, upon request, promptly deliver to the
Landlord receipts for payment of all such real property taxes paid to any such
taxing authorities, as aforesaid, and will furnish and deliver all such other
information in connection therewith as the Landlord may reasonably require. The
Tenant shall pay to the Landlord its proportionate share of all real property taxes
levied or assessed against the Common Areas and Facilities of the Building on the
basis of a separate real property tax bill and separate real property assessment
notice for such Common Areas and Facilities.

(iii) If there is not a separate real property tax bill and separate real property
assessment notice for the Leased Premises and the Common Areas and Facilities, the
Tenant shall pay its share (the “Tenant’s Share”) of such real property taxes
(including local improvement taxes and rates) which may be levied, rated, charged
or assessed by any lawful taxing authority against the lands, buildings and
improvements comprising the Building (including the Common Areas and Facilities)
or on account of the Landlord’s ownership of them within the time or times
hereinafter provided. The Tenant’s Share shall be determined by the Landlord,
acting reasonably and equitably, by allocating property taxes amongst the tenants
of the Building. Realty Taxes shall in every instance be calculated on the basis
of the total Rentable Area of the Building being assessed as fully leased and
operational.

	 	(iv)	 	Payment of Tenant’s
Share of Realty Taxes

     The amounts payable by the Tenant pursuant to this Paragraph 9(c) may be
estimated by the Landlord and shall be payable by the Tenant for the period
covering the first nine (9) months of each calendar year throughout the Term or as
may be estimated by the Landlord for such other period or periods as the Landlord
may determine from time to time. The Tenant shall pay to the Landlord the Tenant’s
share as so estimated of such amount in monthly instalments in advance on the
first day of each calendar month during such period, together with all other
rental payments provided for in this Lease. Notwithstanding anything hereinbefore
contained, if at the time when payment by the Landlord of the real property taxes
(including local improvement rates), whether interim, instalment or final is due,
the Landlord shall not have on deposit a sufficient sum to pay the full amount of
such real property taxes, the Tenant shall forthwith, upon demand, pay, as
additional rent, the Tenant’s share, determined as aforesaid of the amount of any
such deficiency to the Landlord. When the final real property tax bill in any year
has been received, which relates to the period for which such estimated payments
have been made by the Tenant, as aforesaid, the parties hereto agree to adjust all
payments made by the Tenant on account of real property taxes in accordance with
such final real property tax bill. The Tenant shall pay the Tenant’s proportionate
share (as defined in paragraph 11(b) of this Lease) of any and all

5

 

costs and
expenses incurred by the Landlord in respect of any appeal or contestation
conducted by the Landlord of the real property taxes levied or assessed against
the Building.

(d) Utilities

(i) That the Tenant shall be solely responsible for and shall promptly pay all
charges for water, gas, electricity, telephone and any and all other utilities used
or consumed in, or, any other charges levied or assessed on or in respect to, the
Leased Premises, and for all fittings, machines, apparatus or other things leased
in respect thereof, and for all work or services performed by any corporation or
commission in connection with such public or private utilities. Should the Landlord
elect to supply water, gas, electricity, and/or sewer services for the Building, or
any other utility used or consumed, or to be used or consumed, in the Leased
Premises, the Tenant shall purchase and pay for the same as additional rent payable
on demand to the Landlord, at rates not in excess of public utility rates for the
same service, if applicable. In no event shall the Landlord be liable for, nor have
any obligation with respect to, any interruption or cessation of, or any failure in
the supply of any such utilities, services or systems, including, without
limitation, the water and sewage systems, to the Building or to the Leased
Premises, whether or not supplied by the Landlord or others.

(ii) If requested by the Landlord, or if included as part of the Tenant’s work in
respect of the Leased Premises, the Tenant prior to the commencement of the Term
shall install, at its sole cost and expense, any and all separate meters which are
necessary in order to measure the consumption of utilities or services used or
consumed on the Leased Premises. In the event that separate meters are not
available or cannot be installed in the Leased Premises, the Tenant shall pay the
Tenant’s proportionate share (as defined in Paragraph 11 (b) of this
Lease) of the total cost incurred by the Landlord in the supply of all utilities
and services to the Building. Without in any way limiting the provisions of this
Paragraph 9(d)(ii), if at any time during the Term, the Landlord shall
determine, in its sole discretion, that the Tenant’s use of any utility or
service, including, without limitation, water, used or consumed on the Leased
Premises is in any way unusual or of an excessive nature, the Landlord may, at its
option and at the sole cost and expense of the Tenant, install in the Leased
Premises a separate meter or submeter with respect to any such utility or service,
including, without limitation, a separate meter for the measurement of hot and
cold water, whereupon the Tenant’s cost in connection with any such utility or
service shall be determined in accordance with such separate meter or submeter.

(e) Repairs

          That the Tenant shall, at its sole cost and expense and at all times, keep and maintain the
whole of the Leased Premises and every part thereof (including, without limitation, all entrances,
glass, doors, fixtures, equipment (including without limitation any plumbing, heating
air-conditioning and ventilation equipment in the Leased Premises) and appurtenances
thereof and improvements thereto) in good order and first class condition and shall promptly make
all needed repairs and replacements therein and thereto and, without limiting the generality of the
foregoing, the Tenant shall keep the Leased Premises well painted, clean and in a tidy condition,
all as a careful owner would do.

(f) Entry by Landlord

          That it shall be lawful for the Landlord and its agent(s) at all reasonable times during the
Term, on reasonable prior notice, during normal business hours, to enter the Leased
Premises to inspect the condition thereof. Where an inspection reveals that repairs or

6

 

replacements
are necessary, the Landlord shall give to the Tenant notice in writing, and immediately thereafter
the Tenant will forthwith proceed to make all necessary repairs or replacements in a good and
workmanlike manner and to the satisfaction of the Landlord, so as to complete same within the time
or times provided for in the notice delivered by the Landlord as aforesaid. The failure by the
Landlord to give notice shall not relieve the Tenant from any of its obligations to repair or
replace in accordance with the provisions hereof. Provided further, that if the Tenant refuses or
neglects to repair promptly and to the reasonable satisfaction of the Landlord as required pursuant
to the provisions of Paragraph 9(e) hereof or in accordance with any notice received from the
Landlord pursuant to the provisions of this Paragraph 9(f), the Landlord may, but shall not be
obligated to, make such repairs or replacements without liability to the Tenant for any loss or
damage which may occur to the Tenant’s property or to the Tenant’s business by reason thereof and
upon completion, the Tenant shall forthwith pay upon demand the Landlord’s cost for making any such
repairs or replacements plus a sum equal to fifteen percent (15%) thereof for overhead, as
additional rent. The Tenant agrees that the making of any repairs or replacements by the Landlord
pursuant to this Paragraph 9(f) is not a re-entry or a breach of any covenant for quiet enjoyment
contained in this Lease.

(g) Surrender of Leased Premises

     That, at the expiration or sooner termination of the Term, the Tenant shall peaceably
surrender and yield up vacant possession of the Leased Premises to the Landlord in as good
condition and repair, normal wear and tear excepted, as the Tenant is required to maintain
the Leased Premises throughout the Term. The Tenant shall surrender all keys for the Leased
Premises to the Landlord at the place then fixed for the payment of Minimum Rent and shall inform
the Landlord of all combinations of all locks, safes and vaults of any kind in the Leased Premises.
The Tenant shall, however, if requested by the Landlord, remove at its sole cost and expense all
improvements, erections, alterations, fixtures or other appurtenances made, placed or erected by
the Tenant at any time or times prior to or during the Term in or on the Leased Premises and shall
repair, at its sole cost and expense, all damage to the Leased Premises caused by their
installation and/or removal. The Tenant’s obligation to observe and perform the covenant contained
in this Paragraph 9(g) shall survive the expiration or sooner termination of the Term. (see
Section 33(b) Removal of leasehold Improvements by Tenant)

(h) Heat

     To heat, at its own expense, from heating equipment originally supplied by the Landlord, the
Leased Premises to a degree sufficient to protect the Leased Premises and their contents from
damage by cold or frost, and to operate, maintain, repair or, if necessary, replace, at its own
expense, such heating and other mechanical equipment originally supplied by the Landlord. Further,
the Tenant will, at the expiration or sooner termination of the Term, peacefully yield up unto the
Landlord such heating equipment and all other equipment and appurtenances thereto in good and
substantial repair and condition.

(i) Public Orders

     That the Tenant shall, at its sole cost and expense, comply with all provisions of law,
including without limiting the generality of the foregoing, the requirements of all federal,
provincial and municipal legislative enactments, by-laws or regulations now or hereafter in force
which relate to the Leased Premises and the conduct of business therein, or to the making
of any repairs, replacements, alterations, additions, changes, substitutions or improvements of or
to the Leased Premises. The Tenant will further comply with all police, fire, health and sanitary
regulations imposed by any governmental authorities or made by fire insurance underwriters.

(j) Assignment and Subletting

(i) That the Tenant will not assign this Lease in whole or in part, nor sublet all or any
part of the Leased Premises, nor mortgage or encumber this Lease or the Leased Premises or
any part thereof, nor suffer or permit the occupation of, or part with or share possession
of, all or any part of the Leased Premises by any other person, firm

7

 

or corporation (all
of the foregoing being hereinafter referred to as a “transfer”) without the prior consent
of the Landlord in each instance, which consent shall not be unreasonably withheld,
subject to the provisions of subparagraph (ii) of this Paragraph 9(j). The consent by the
Landlord to any transfer, if granted, shall not constitute a waiver of the necessity for
such consent to any subsequent transfer. This prohibition against a transfer is construed
so as to include a prohibition against any transfer by operation of law and no transfer
shall take place by reason of a failure by the Landlord to reply to a request by the
Tenant for consent to a transfer. If there is a permitted transfer of this Lease, the
Landlord may collect rent from the assignee, subtenant or occupant (all of the foregoing
being hereinafter collectively referred to as the “transferee”), and apply the net amount
collected to the Minimum Rent required to be paid pursuant to this Lease, but no
acceptance by the Landlord of any payments by a transferee shall be deemed a waiver of
this covenant or the acceptance of the transferee as Tenant or a release of the Tenant for
the further performance by the Tenant of the covenants or obligations on the part of the
Tenant herein contained. Any document evidencing the Landlord’s consent to a transfer of
the Lease, if permitted or consented to by the Landlord shall be prepared by the
Landlord’s solicitors, and all legal fees with respect thereto shall be paid by the Tenant
to the Landlord forthwith upon demand. Any consent by the Landlord shall be subject to the
Tenant causing any such transferee to promptly execute an agreement directly with the
Landlord agreeing to be bound by all of the terms, covenants and conditions contained in
this Lease as if such transferee had originally executed this Lease as Tenant. .
Notwithstanding that any such transfer is permitted or consented to by the Landlord, the
Tenant shall be jointly and severally liable with the transferee upon this Lease and shall
not be released from performing any of the terms, covenants and conditions contained in
this Lease

     (ii) Landlord’s Option

     If the Tenant intends to effect a transfer of all or any part of the Leased Premises or this
Lease, in whole or in part, or of any estate or interest hereunder, then and so often as such event
shall occur, the Tenant shall give prior written notice to the Landlord of such intent, specifying
therein the name of the proposed transferee and shall provide such information with respect
thereto, including, without limitation, information concerning the principals thereof and as to any
credit, financial or business information relating to the proposed transferee as the Landlord
requires, and the Landlord shall, within thirty (30) days thereafter, notify the Tenant in writing
either, that (a) it consents or does not consent to the transfer, or (b) it elects to cancel this
Lease in preference to the giving of such consent.

     (iii) Consideration on Transfer

     Any increased Minimum Rent or bonus or consideration in excess of the rental payable under
this Lease payable by any transferee shall be the property of the Landlord and paid directly to the
Landlord as additional rent. In addition, any other money or other value that is attributable to
the desirability of the location of the Leased Premises or to leasehold improvements that are owned
by the Landlord or that the Landlord has paid for in whole or in part and which is to be
paid by any transferee shall be paid to the Landlord as additional rent.

     (iv) No Advertisement

     The Tenant shall not print, publish or display any notice or advertisement advertising the
whole or any part of the Leased Premises for the purpose of assignment or subletting without the
prior approval by the Landlord, such approval not to be unreasonably withheld, of the
complete text or format of any such notice or advertisement.

8

 

(k) Corporate Ownership

     That if the Tenant is a corporation or if the Landlord has consented to a transfer of this
lease to a corporation, any transfer or issue by sale, assignment, bequest, inheritance, operation
of law or other disposition or by subscription from time to time of all-or any part of the
corporate shares of the Tenant or of any parent or subsidiary corporation of the Tenant or any
corporation which is an associate or an affiliate of the Tenant (as those terms are defined
pursuant to the Business Corporations Act (Ontario) and amendments thereto) which result in any
change in the present effective voting control of the Tenant by the parties holding such voting
control at the date of execution of this Lease (or at the date a transfer of this Lease to a
corporation is permitted) and which does not receive the prior written consent of the Landlord in
each instance, which consent may not be unreasonably withheld, shall entitle the Landlord to
terminate this Lease upon five (5) days written notice to the Tenant. If the Landlord elects to
cancel this Lease as aforesaid, the Tenant shall have the right to advise the Landlord within five
(5) days after written notice of the Landlord’s election to terminate this Lease that the Tenant
elects to have this Lease reinstated by the transfer, sale, assignment or other disposition (the
“re-transfer”) from the shareholders of the Tenant after such change in control to the shareholders
of the Tenant existing as of the date of execution of this Lease (or at the date that a transfer of
this Lease to a corporation is permitted). If the Tenant effects such re-transfer within ten (10)
days following receipt of notice of the Landlord’s election, and forthwith thereafter provides the
Landlord with evidence satisfactory to the Landlord of such re-transfer, this Lease will be
reinstated as of the date of the termination by the Landlord as aforesaid. If this Lease is
terminated the Landlord may re-enter and take possession of the Leased Premises whereupon the
Landlord’s rights and remedies contained in Paragraph 14 hereof shall apply. The Tenant shall make
available to the Landlord all corporate books and records of the Tenant for inspection at all
reasonable times in order to ascertain whether there has been any change in control. Provided,
notwithstanding anything contained in this Paragraph 9(k) to the contrary, the provisions of this
paragraph shall not apply to the Tenant if at such time (a) the Tenant is a public corporation
whose shares are traded and listed on any recognized stock exchange in Canada or the United States,
or (b) the Tenant is a private corporation but is controlled by a public corporation defined as
aforesaid. The Tenant will not be required to get consent from the Landlord but will provide
advance written notice to the Landlord in the case of a change in the shareholdings of the Tenant
resulting from the listing of the Tenant’s shares on any recognized exchange and the transfer
and/or subscription of less than 45% of the outstanding issued shares from one party to
another.

(I) Nuisance

     That the Tenant will not do or omit to do or permit to be done or omitted anything upon or in
respect of the Leased Premises, the doing or omission of which, as the case may be, shall be or
result in any nuisance or menace to the Landlord or to the other tenants of the Building, and
including, without limitation, the Tenant shall not keep in, on or around the Leased Premises any
animals, birds or other pets; and that no machinery shall be used on the Leased Premises which
shall cause any undue vibration in or to the Leased Premises, and if the Landlord or any other
occupants of the Building shall complain that any machinery or operation thereof in or on the
Leased Premises is a nuisance to it or them, as the case may be upon receiving notice thereof, the
Tenant will immediately cease such nuisance.

10. INSURANCE

(a) Landlord’s Insurance

(i) Subject to the provisions of Paragraph 11 hereof, the Landlord shall, at all times
throughout the Term of this Lease, take out and maintain insurance covering:

(1) the Building (excluding the foundations and excavations) and the machinery,
boilers and equipment contained therein and owned by the Landlord (specifically
excluding any property with respect to which the Tenant and the other tenants of
the Building are obliged to insure pursuant to Paragraph 10(b) hereof or similar
sections in their respective leases) against damage by

9

 

fire and extended perils
coverage including (where applicable) sprinkler leakage, earthquake, flood and
collapse in an amount of not less than the full replacement cost thereof, and with
such reasonable deductions as would be carried by a prudent owner of a similar
building, having regard to the size, age and location of the Building;

(2) the repair and replacement of boilers, pressure vessels, air-conditioning
equipment and miscellaneous electrical apparatus on a broad form blanket coverage
basis;

(3) loss of insurable gross profits attributable to all perils insured against by
the Landlord or commonly insured against by prudent landlords, including loss of all
rentals receivable from tenants in the Building in accordance with the provisions of
their respective leases, including Minimum Rent and additional rent in such amount
as a prudent landlord would insure;

(4) public liability and property damage including the exposure of personal injury,
bodily injury, property damage occurrence, owner’s protective coverage and
contractual obligations coverage, in such reasonable amounts and with such
reasonable deduction as would be carried by a prudent owner of a similar building,
having regard to the size, age and location of the Building; and

(5) any other form of insurance which the Landlord or the Landlord’s mortgagee
reasonably requires from time to time for insurable risk and in amounts against
which a prudent landlord would insure.

(ii) Notwithstanding any contribution by the Tenant to the cost of insurance premiums in
respect of the insurance maintained by the Landlord for the Building as herein provided, the
Tenant acknowledges and agrees that no insurable interest is conferred upon the Tenant under
any policies of insurance carried by the Landlord and the Tenant has no right to receive any
proceeds of any insurance policies carried by the Landlord.

(b) Tenant’s Insurance

(i) The Tenant shall, throughout the Term of the Lease, at its sole cost and expense, take
out and keep in full force and effect in the names of the Tenant, the Landlord and the
Landlord’s mortgagee, as and to the extent their respective interests may appear, the
following insurance:

(1) insurance upon property of every description and kind owned by the Tenant or
for which the Tenant is legally liable or installed by or on behalf of the Tenant
and which is located within the Building, including, without limitation,
stock-in-trade, furniture, fittings, installations, alterations, additions,
partitions, fixtures and anything in the nature of a leasehold improvement in an
amount of not less than one hundred percent (100%) of the full replacement cost
thereof, with coverage against, at least the perils of fire and standard extended
coverage, including sprinkler leakages (where applicable), earthquake, flood and
collapse. If there is a dispute to the amount which comprises the full replacement
cost, the decision of the Landlord or the Landlord’s mortgagee shall be conclusive;

10

 

(2) broad form boiler and machinery insurance on a blanket repair and replacement basis with
limits for each accident in an amount not less than the replacement cost of all leasehold
improvements and of all boilers, pressure vessels, air-conditioning equipment and
miscellaneous electrical apparatus owned or operated by the Tenant or by others (other than
the Landlord) on behalf of the Tenant in the Leased Premises or relating to or serving the
Leased Premises;

(3) business interruption insurance in such amounts as will reimburse the Tenant for direct
or indirect loss of earnings attributable to all perils insured against in subparagraphs (1)
and (2) of this Paragraph 10(b), and any other perils commonly insured against by a prudent
tenant or attributable to prevention of access to the Leased Premises or the Building as a
result of such peril;

(4) public liability and property damage insurance including personal injury liability,
contractual liability, non-owned automobile liability and owners’ and contractors’
protective insurance coverage with respect to the Leased Premises and the Tenant’s use of
the Common Areas and Facilities coverage to include the activities and operations conducted
by the Tenant and any other parties on the Leased Premises and by the Tenant and any other
parties performing work on behalf of the Tenant and those for whom the Tenant is in law
responsible in any other part of the Building. Such policies shall be written on a
comprehensive basis with inclusive limits of not less than Five Million Dollars ($5,000,000)
for bodily injury to any one or more persons or property damage, and such higher limits as
the Landlord or the Landlord’s mortgagee reasonably requires from time to time, and shall
not be invalidated as respects the interests of the Landlord and the Landlord’s mortgagee by
reason of any breach or violation of any warranties, representations, declarations
or conditions contained in the policies. All such policies must contain a severability
of interests clause, a cross liability clause and shall be primary and shall not
call into contribution any other insurance available to the Landlord or to the Landlord’s
mortgagee;

(5) Tenants’ legal liability insurance for the full replacement cost of the Leased
Premises; and

(6) any other form of insurance as the Tenant or the Landlord or the Landlord’s mortgagee
reasonably requires from time to time, in form, in amounts and for insurance risks against
which a prudent tenant would insure.

(ii) All policies required to be written on behalf of the Tenant pursuant to subparagraphs (1), (2)
and (3) of this Paragraph 10(b) shall contain the standard mortgage clause of the Landlord’s
mortgagee and shall contain a waiver of any subrogation rights which the Tenant’s insurers have
against the Landlord and against those for whom the Landlord is in law responsible, whether such
damage is caused by the act, omission or negligence of the Landlord or those for whom the Landlord
is in law responsible.

11

 

(iii) All insurance policies of the Tenant shall be taken out with insurers acceptable to the
Landlord and shall be in a form satisfactory from time to time to the Landlord. The Tenant agrees
that certificates of insurance or, if required by the Landlord or the Landlord’s mortgagee,
certified copies of each such insurance policy, will be delivered to the Landlord as soon as
practicable after the placing of the required insurance. All such policies shall contain an
undertaking by the insurers to notify the Landlord and the Landlord’s mortgagee in writing not less
than thirty (30) days prior to any material change, cancellation, failure to renew, or termination
thereof.

(iv) The Tenant agrees that if the Tenant fails to take out or to keep in force any such insurance
referred to in Paragraph 10(b)(i), or should any such insurance not be approved by either the
Landlord or the Landlord’s mortgagee, and should the Tenant not rectify the situation within
forty-eight (48) hours after written notice by the Landlord to the Tenant (stating if the Landlord
or the Landlord’s mortgagee does not approve of such insurance, the reasons therefor), the Landlord
has the right without assuming any obligation in connection therewith, to affect such insurance at
the sole cost and expense of the Tenant and all outlays by the Landlord shall be immediately paid
by the Tenant to the Landlord as additional rent on the first day of the next month following such
payment by the Landlord, without prejudice to any other rights and remedies of the Landlord under
this Lease.

(v) If the occupancy of the Leased Premises, the conduct of business in the Leased Premises, or any
acts or omissions of the Tenant in the Building or any part thereof, causes or results in any
increase in premiums for the insurance carried from time to time by the Landlord with respect to
the Building, the Tenant shall pay any such increase in premiums, as additional rent, forthwith
after invoices for such additional premiums are rendered by the Landlord. In determining whether
increased premiums are caused by or result from the use and occupancy of the Leased Premises, a
schedule issued by the organization computing the insurance rate on the Building showing the
various components of such rate shall be conclusive evidence of the several items and charges which
make up such rate. The Tenant shall comply promptly with all requirements of the Insurer’s Advisory
Organization (or any successor thereof) or of any insurer now or hereafter in effect, pertaining to
or affecting the Leased Premises.

(vi) If any insurance policy upon the Building or any part thereof shall be cancelled or shall be
threatened by the insurer to be cancelled, or the coverage thereunder reduced in any way by the
insurer by reason of the use and occupation of the Leased Premises or any part thereof by the
Tenant or by any assignee or subtenant of the Tenant, or by anyone permitted by the Tenant to be
upon the Leased Premises, and if the Tenant fails to remedy the conditions giving rise to the
cancellation, threatened cancellation or reduction of coverage within forty-eight (48) hours after
notice thereof by the Landlord, the Landlord may, at its option, either (a) re-enter and take
possession of the Leased Premises forthwith by leaving upon the Leased Premises a notice in writing
of its intention so to do and thereupon the Landlord shall have the same rights
and remedies as contained in Paragraph 14 hereof or (b) enter upon the Leased Premises and remedy
the conditions giving rise to such cancellation, threatened cancellation or reduction, and the
Tenant shall forthwith pay the cost thereof to the Landlord, which cost may be collected by the
Landlord as additional rent and the Landlord shall not be liable for any damage or injury caused to
any property of the Tenant or of others located on the Leased Premises as a result of such entry.
The Tenant agrees that any such entry by the Landlord is not a re-entry or a breach of any covenant
for quiet enjoyment contained in this Lease.

(vii) The Tenant shall, at its sole cost and expense, replace any plate glass or other glass that
has been damaged, broken or removed during the Term and shall at all times keep the plate glass on
the Leased Premises fully insured, pay the premiums therefor and provide the Landlord with a
certificate of such plate glass insurance.

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	11.	 	OPERATING COSTS

(a) In each year of the Term, the Tenant will pay to the Landlord in addition to the Minimum Rent
specified in Paragraph 4 hereof, as further additional rent, the Tenant’s proportionate share (as
hereinafter defined) of the Landlord’s costs and expenses of maintaining, operating, insuring,
repairing, replacing, restoring, supervising and administering (collectively “Operating Costs”) the
Building and the Common Areas and Facilities, such costs and expenses to include, without
limitation (i) the total costs and expenses incurred by the Landlord in insuring the Building
pursuant to Paragraph 10(a)(i) hereof; (ii) real property taxes (including school taxes and local
improvement taxes and rates) and all business and other taxes, if any, from time to time payable by
the Landlord which are levied or assessed or allocated by the Landlord pursuant to Paragraph 9(c)
hereof, against or in respect of the Common Areas and Facilities or against the Landlord on account
of its ownership thereof, capital taxes, and tax of any kind on rentals (iii) all expenses incurred
or paid by the Landlord in connection with operating, maintaining, managing, lighting, cleaning
(including without limitation, the supply of utilities and services in respect of the Common Areas
and Facilities, snow and ice removal and clearance), supervising, policing, landscaping, repairing
and replacing the Building and all Common Areas and Facilities, including, without limitation, all
monies paid to persons, firms or corporations employed by the Landlord to perform same; and (iv) an
administration fee of fifteen percent (15%) of Operating Costs.

(b) The term “proportionate share” as used in this Paragraph 11 and elsewhere in this Lease, shall
mean a fraction, the numerator of which is the rentable area of the Leased Premises and the
denominator of which is the total rentable area of the Building. The Tenant’s proportionate share
is approximately 11.5%.

(c) The amounts payable by the Tenant pursuant to this Paragraph 11 may be estimated by the
Landlord for such period or periods as the Landlord may determine from time to time, and the Tenant
shall pay to the Landlord the Tenant’s proportionate share as so estimated of such amounts in
monthly instalments in advance during such period together with all other rental payments provided
for in this Lease. Notwithstanding anything contained in this subparagraph (c) to the contrary, at
such time as the Landlord expends any money or incurs any charges or expenses in respect of the
cost of maintaining, operating, repairing, replacing or administrating the Building and the Common
Areas and Facilities thereof, pursuant to Paragraph 11 (a) hereof, or, as soon as bills for all or
any portion of the amounts so estimated by the Landlord, as aforesaid, are received, the Landlord
may thereafter bill the Tenant for the Tenant’s proportionate share thereof (less all amounts
previously paid by the Tenant on the basis of the Landlord’s estimate aforesaid, which have not
already been so applied) and the Tenant shall forthwith pay to the Landlord upon demand such
amounts so expended or billed, as additional rent. At the end of the period for which such
estimated payments have been made, the Landlord shall deliver to the Tenant an audited
statement of the actual amounts and costs referred to in this Paragraph 11 and the determination of
the Tenant’s proportionate share thereof, and if necessary, an adjustment shall be made between the
parties hereto. If the Tenant shall have paid in excess of such actual amounts, the excess shall be
refunded by the Landlord within 30 days after delivery of the said statement. If
the amount the Tenant has paid is less than such actual amounts, the Tenant agrees to
pay to the Landlord any such extra amount or amounts with the next monthly payment of
Minimum Rent. Any dispute by the Tenant of any item on the statement provided to the
Tenant by the Landlord pursuant to this Paragraph 11(c) must be brought to the attention of the
Landlord, in writing, within two (2) months of deemed receipt of the statement by the
Tenant in accordance with Paragraph 28 hereof or shall be forever barred.

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	12.	 	MUTUAL COVENANTS

Provided, and it is expressly agreed:

	(a)	 	No Exceptions for Distress

     That, in consideration of the leasing and letting by the Landlord to the Tenant of the Leased
Premises for the Term hereby created (and it is upon that express understanding that these presents
are entered into), and notwithstanding anything contained in the Commercial Tenancies Act R.S.O
1990 cL.7, as amended, or any other Statute subsequently passed to take the place of the said Act
or to amend the same, none of the goods and chattels of the Tenant at any time during the
continuance of the Term on the Leased Premises shall be exempt from levy by distress for rent in
arrears by the Tenant as provided for by any Section or Sections of the said Act or any amendment
or amendments thereto and that upon any claim being made for such
exemption by the Tenant or on distress being made by the Landlord, this covenant and agreement
may be pleaded as an estoppel against the Tenant in any action brought to test the right to the
levying upon any such goods as are named as exempted in said Section or Sections of the said Act or
any amendment or amendments thereto; the Tenant waiving as it hereby does all and every benefit
that could or might have accrued to the Tenant under and by virtue of the said Section or Sections
of the said Act, or any amendment or amendments thereto but for this covenant.

	(b)	 	Public Liability

     That the Landlord shall not be liable for any death or injury arising from or out of any
occurrence in, upon, at or relating to the Building, or damage to property of the Tenant or of
others located on the Leased Premises, nor shall the Landlord be responsible for any loss of or
damage to any property of the Tenant or others from any cause
whatsoever unless such death,
injury, loss or damage directly results from the
gross negligence of the Landlord,
its agents, servants, employees or any other parties for whom it may be in law responsible. Without
limiting the generality of the foregoing, but subject to the provisions of this Section
12(b), the Landlord shall not be liable for any injury or damage to persons or property
resulting from fire, explosion, falling plaster, steam, gas, electricity, water, rain, snow or
leaks from any part of the Leased Premises or from the pipes, appliances, plumbing works, roof, or
subsurface of any floor or ceiling or from the street or any other place or by dampness or by any
cause of whatsoever nature. The Landlord shall not be liable for any such damage caused by other
tenants or persons in the Building or by occupants of adjacent property or the public, or caused by
construction or by any private, public or quasi-public work. All property of the Tenant kept or
stored on the Leased Premises shall be so kept or stored at the risk of the Tenant only and the
Tenant shall hold the Landlord harmless from and against any claims arising out of damages to the
same, including subrogation claims by the Tenant’s insurers.

	(c)	 	Holding Over

     That if the Tenant shall continue to occupy the Leased Premises at the expiration of this
Lease with the consent of the Landlord, and without any further
written agreement, the Tenant shall be a monthly tenant at twice the monthly rental
herein reserved and otherwise on the terms and conditions herein set forth, except as to the length
of tenancy.

	(d)	 	Over-Loading

     That the Tenant will not bring upon the Leased Premises or any part thereof, any machinery,
equipment, article or thing that by reason of its weight, size, or use might, in the opinion of the
Landlord, damage the Leased Premises and will not at any time overload the floors of the Leased
Premises, and that if any damage is caused to the Leased Premises by any machinery, equipment,
article or thing or by overloading, or by any act, neglect or misuse on the part of the Tenant, or
any of its servants, agents or employees, or by any person having business with the Tenant, the
Tenant shall forthwith repair the same or pay to the Landlord the cost of making good the same.

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	e)	 	Tenant not to Overload Facilities

     That the Tenant will not install any equipment which would exceed or overload the capacity of
the utility facilities in the Leased Premises and agrees that if any equipment installed by the
Tenant shall require additional utility facilities, same shall be installed, if available, and
subject to the Landlord’s prior written approval thereto (which approval may not be unreasonably
withheld), at the Tenant’s sole cost and expense in accordance with plans and specifications to be
approved in advance by the Landlord, in writing.

	(f)	 	Plumbing Facilities

     That the plumbing facilities (if any) in the Leased Premises shall not be used for any other
purpose than that for which they are constructed, and no foreign substance of any kind shall be
thrown therein and the expense of any breakage, stoppage or damage resulting from a violation of
this provision shall be borne by the Tenant, as additional rent, payable forthwith on demand.

	(g)	 	Indemnification

     That, notwithstanding any other terms, covenants and conditions contained in this lease,
including, without limitation, the Landlord’s obligation to take out insurance as set out in
Paragraph 10 (a)(i) hereof, and the Tenant’s obligation to pay its proportionate share of the cost
of insurance in accordance with the provisions of Paragraph 11 hereof, the Tenant shall indemnify
the Landlord and save it harmless from and against any and all loss (including loss of all rentals
payable by the Tenant pursuant to this Lease) claims, actions, damages, liability and expense in
connection with loss of life, personal injury, damage to property or any other loss or injury
whatsoever arising from or out of this Lease or any occurrence in, upon or at the Leased Premises,
or the occupancy or use by the Tenant of the Leased Premises or any part thereof, or occasioned
wholly or in part by any act or omission of the Tenant or by anyone permitted to be on the Leased
Premises by the Tenant. If the Landlord shall, without fault on its part, be made a party to any
litigation commenced by or against the Tenant, then, the Tenant shall protect, indemnify and hold
the Landlord harmless and shall pay all costs, expenses and reasonable legal fees incurred or paid
by the Landlord in connection with any such litigation. The Tenant shall pay all costs, expenses
and legal fees (on a solicitor and his client basis) that may be incurred or paid by the Landlord
in enforcing the terms, covenants and conditions in this Lease, unless a Court shall decide
otherwise.

	(h)	 	Repair Where Tenant at Fault

     That, notwithstanding any other terms, covenants and conditions contained in this Lease,
including, without limitation, the Tenant’s obligation to pay its proportionate share of the costs
of insurance in accordance with Paragraph 11 hereof, in the event the Building, the Common Areas
and Facilities thereof, the Leased Premises, or any equipment, machinery facilities or improvements
contained therein or made thereto or the roof or the outside walls of the Building, or,
any other structural portions thereof require repair or become damaged or destroyed through the
fault, negligence, carelessness or misuse of the Tenant, its servants, agents, employees,
contractors, or others for whom the Tenant is in law responsible, or through it or them in any way,
stopping up or injuring the heating apparatus water pipes, drainage pipes or other equipment or
facilities or parts of the Building, the expense of all such necessary repairs, replacements or
alterations, plus a further fifteen percent (15%) of the costs thereof, shall be borne by the
Tenant who will pay the same to the Landlord forthwith upon presentation of an account of such
expenses incurred by the Landlord as aforesaid.

	(i)	 	Refuse

     That the Tenant will not use any outside garbage or other containers or allow any ashes,
refuse, garbage or other loose or objectionable material to accumulate in or about the Leased
Premises, and will at all times keep the Leased Premises in a clean and tidy condition

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and shall
immediately before the termination of the Term, wash the floors, windows, doors and woodwork of the
Leased Premises. Provided further the Tenant will not store or cause to be stored outside of the
Leased Premises, any of its inventory, stock-in-trade, or raw materials.

	(j)	 	Loading and Unloading

     That all loading and unloading of merchandise, supplies, materials, garbage and all other
chattels shall be effected only through or by means of such doorways, corridors or loading docks as
the Landlord shall designate from time to time and shall be subject to all such rules and
regulations as the Landlord shall promulgate in connection therewith from time to time.

	(k)	 	Window Coverings

     That if the Tenant intends to place upon the interior of the windows in the Leased Premises
any drapes or other window coverings to cover the windows of the Leased Premises, it shall obtain
the approval of the Landlord in writing prior to their installation, such approval not to be
unreasonably withheld. Except in accordance with the provisions of this Paragraph 12(k), the
Tenant shall not place any window coverings anywhere upon the exterior or interior of the windows
in the Leased Premises.

	(I)	 	Leased Premises

     That whenever in this Lease reference is made to the Leased Premises, it shall include,
without limitation, all structural portions, improvements, equipment, systems and erections, in or
upon the Leased Premises or any part thereof from time to time.

	(m)	 	Adjustment of Taxes

     That the taxes and local improvement taxes and rates and, where necessary, all other charges
payable by the Tenant hereunder in respect of the first and last years of the Term, when less than
a full twelve month period shall be prorated for the period of time the Tenant is in occupation of
the Leased Premises.

	(n)	 	Tenant Shall Discharge All Liens

     That the Tenant shall promptly pay all its contractors, suppliers and materialmen and shall do
any and all things necessary to minimize the possibility of a lien attaching to the Leased Premises
or to any part of the Building and should any such lien be made or filed, the Tenant shall
discharge the same forthwith (after notice thereof is given to the Tenant) at the Tenant’s expense.
In the event the Tenant shall fail to cause any such lien to be discharged, as aforesaid, then, in
addition to any other right or remedy of the Landlord, the Landlord may, but it shall not be so
obligated, discharge same by paying the amount claimed to be due into Court or directly to any such
lien claimant and the amount so paid by the Landlord and all costs and expenses including
solicitors’ fees (on a solicitor and his client basis) incurred herein for the discharge of such
lien shall be due and payable by the Tenant to the Landlord as
additional rent on demand. The Tenant shall ensure that in respect of any work performed in or
on the Leased Premises with a value in excess of Ten Thousand Dollars ($10,000.00), the contractors
performing such work shall be bonded.

	13.	 	FIXTURES AND REMOVAL AND RESTORATION BY TENANT

     All alterations, decorations, additions and improvements made by the Tenant or made by the
Landlord on the Tenant’s behalf (other than the Tenant’s trade fixtures) shall immediately become
the property of the Landlord without compensation therefor to the Tenant at any time including upon
the expiry or earlier termination of the Lease. Such alterations, decorations, additions or
improvements shall not be removed from the Leased Premises either during or at the expiration of
the Term or sooner termination of the Lease, except that:

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(a) the Tenant may at the end of the Term, if not in default, remove its trade fixtures;

(b) the Tenant shall, at the end of the Term and at its own cost remove all alterations
decorations, additions or improvements installed by it in or on the Leased Premises as the
Landlord shall at its option require to be removed (see Section 33(b) Removal of
Leasehold Improvements by Tenant); and

(c) the Tenant may remove its trade fixtures at the end of the Term and also during the Term
in the usual and normal course of its business or if such trade fixtures become excess for
the Tenant’s purpose, or if the Tenant is substituting therefor new and similar trade
fixtures, provided the Tenant is not in default and provided the Tenant first notifies the
Landlord thereof.

     If the Tenant does not remove its trade fixtures at the expiration or earlier termination of
the Term, such trade fixtures, at the option of the Landlord, are to become the Landlord’s property
and may be removed from the Leased Premises and sold or otherwise disposed of by the Landlord. For
greater certainty, the term “Tenant’s trade fixtures” shall not include any (i) heating or
ventilating equipment (ii) floor coverings affixed to the floor of the Leased Premises or (iii)
light fixtures.

     The Tenant shall, in the case of every such installation or removal either during or at the
end of the Term, make good any damage caused to the Leased Premises or to the Building by the
installation or removal of any such alterations, decorations, additions or improvements.

	14.	 	RE-ENTRY

If and whenever:

(a) the Tenant fails to pay any Minimum Rent, additional rent or other sums due hereunder
on the day or dates appointed for the payment thereof (provided the Landlord first gives
three (3) business days written notice to the Tenant of any such failure); or

(b) the Tenant fails to observe or perform any other of the terms, covenants or conditions
of this Lease to be observed or performed by the Tenant (other than the terms, covenant or
conditions set out below in subparagraphs (c) to (i), inclusive, for which no notice shall
be required) provided the Landlord first gives the Tenant ten (10) business days,
or such shorter period of time as is otherwise provided herein, written notice of any such
failure to perform and the Tenant within such period of ten (10) business days
fails to commence diligently and thereafter to proceed diligently to cure any such failure
to perform; or

(c) the Tenant or any Indemnifier of this Lease or any person occupying the Leased Premises
or any part thereof or any licensee, concessionaire or franchisee operating business in the
Leased Premises becomes bankrupt or insolvent or takes benefit of any act now or hereafter
in force for bankrupt or insolvent debtors or files any proposal or makes any assignment
for the benefit of creditors or any arrangement or compromise; or

(d) a receiver or a receiver and manager is appointed for all or a portion of the Tenant’s
property or any such Indemnifier’s, occupant’s, licensee’s, concessionaire’s or
franchisee’s property;

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(e) the Tenant abandons or attempts to abandon the Leased Premises or sells or disposes of
property of the Tenant or removes it from the Premises so that there does not remain
sufficient property of the Tenant on the Leased Premises subject to distress to satisfy all
rentals due or accruing hereunder for at least twelve (12) months;

(f) the Leased Premises become and remain vacant for a period of ten (10) consecutive days
or are used by any person, other than such as are entitled to use them;

(g) this Lease or any of the Tenant’s assets are taken under any writ of execution;

(h) steps are taken or proceedings are instituted for the dissolution, winding up, or
liquidation of the Tenant or its assets; or

(i) the Tenant makes or attempts to make a bulk sale of any of its assets (except for a bulk
sale made to a transferee where the transfer has been consented to by the Landlord);

then, and in every such case, the then current month’s rent and the next ensuing three months’ rent
and additional rent shall immediately become due and payable as accelerated rent, and, the Landlord
shall have all rights and remedies available to it under this Lease and at law and at the option of
the Landlord, the Landlord may immediately re-enter the Leased Premises repossess them and expel
all persons from the Leased Premises, and may remove all property from the Leased Premises, sell or
dispose of it as the Landlord considers appropriate, or store it in a public warehouse or elsewhere
at the cost of the Tenant, all without service of notice, without legal proceedings and without
liability for loss or damage.

     If the Landlord elects to re-enter, as herein provided, or if it takes possession pursuant to
legal proceedings or pursuant to any notice provided for by law, it may either terminate this Lease
or it may from time to time without terminating this Lease, make such alterations and repairs as
may be necessary, in order to relet the Leased Premises, or any part thereof for such term or terms
(which may be for a term or terms extending beyond the Term of this Lease) and at such rental or
rentals and upon such other terms and conditions as the Landlord in its sole discretion may deem
advisable. Upon each such reletting all rentals received by the Landlord from such
reletting shall be applied, first, to the payment of any indebtedness, other than rent due
hereunder, owing by the Tenant to the Landlord; second, to the payment of any costs and expenses of
such reletting, including brokerage fees, solicitor’s fees and the costs of such alterations and
repairs; third, to the payment of all rentals due and unpaid hereunder, and the residue, if any,
shall be held by the Landlord and applied in payment of future rent as the same may become due and
payable hereunder. If the rentals received from such reletting during any month shall be less than
that to be paid during that month by the Tenant hereunder, the Tenant shall pay any such deficiency
to the Landlord. Such deficiency shall be calculated and paid monthly. No such re-entry or taking
possession of the Leased Premises by the Landlord shall be construed as an election on its part to
terminate this Lease unless a written notice of such intention is given to the Tenant.
Notwithstanding any such reletting without termination, the Landlord may at any time thereafter
elect to terminate this Lease for such previous breach. Should the Landlord at any time terminate
this Lease for any breach, in addition to any remedies it may have, it may recover from the Tenant
all damages it has incurred or may incur by reason of such breach, including the cost of recovering
the Leased Premises, reasonable solicitor’s fees, and including the worth at the time of such
termination of the excess, if any, of the amount of rent and charges equivalent to the rent
reserved in this Lease for the remainder of the stated Term over the then reasonable rental value
as determined by the Landlord for the remainder of the stated Term, all of which amounts shall be
immediately due and payable from the Tenant to the Landlord.

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	15.	 	EXPENSES AND REMOVAL OF CHATTELS

(a) In case suit shall be brought for recovery of possession of the Leased Premises, or, for the
recovery of rent or any other amounts due under the provisions of this Lease, or because of the
breach of any other covenants herein contained on the part of the Tenant to be kept or performed,
and a breach shall be established, the Tenant shall pay to the Landlord all expenses incurred
therefor, including a reasonable solicitor’s fee.

(b) In case of removal by the Tenant of the goods and chattels of the Tenant from the Leased
Premises, the Landlord may follow same for thirty (30) days in the same manner as is provided for
in the Commercial Tenancies Act R.S.O 1990 cL.7, as amended.

	16.	 	LANDLORD MAY CURE TENANT’S DEFAULT

     If the Tenant shall fail to pay, when due, any amounts or charges required to be paid pursuant
to this Lease, the Landlord, after giving five (5) days notice in writing to the Tenant, may, but
shall not be obligated to, pay all or any part of the same. If the Tenant is in default in the
performance of any of its covenants or obligations hereunder, (other than payment of Minimum Rent
or other sums required to be paid pursuant to the terms of this Lease), the Landlord may from time
to time after the giving of such notice as it shall deem sufficient, having regard to the
circumstances applicable (or no notice in the case of an emergency or apprehended emergency)
perform or cause to be performed any of such covenants or obligations or any part thereof, and for
such purpose may do such things as may be requisite, including without limitation, entering upon
the Leased Premises and doing such things upon or in respect of the Leased Premises or any part
thereof as the Landlord may reasonably consider requisite or necessary. All expenses incurred and
expenditures made by or on behalf of the Landlord under this Paragraph 16, plus a sum equal to
fifteen percent (15%) thereof shall be additional rent hereunder and shall be paid by the Tenant
upon demand. The Landlord shall have no liability to the Tenant for any loss or damage resulting
from any such action by the Landlord, and any entry by the Landlord under the provisions of this
Paragraph 16 shall not constitute a breach of the covenant for quiet enjoyment or an eviction.

	17.	 	LIEN ON TRADE FIXTURES

     If the Tenant at the expiration or earlier termination of this Lease shall be in default under
any covenant or agreement contained herein, the Landlord shall have a lien on all stock in-trade,
inventory, fixtures, equipment and facilities of the Tenant as security against loss or damage
resulting from any such default by the Tenant, and the stock-in-trade, inventory, fixtures,
equipment or facilities shall not be removed by the Tenant until such
default is cured, or as
otherwise directed by the Landlord.

	18.	 	ADDITIONAL RENT

     If the Tenant shall be in default in the payment of any amounts or charges required to be paid
pursuant to the terms of this Lease, they shall, if not paid when due, be collectible as rent with
the next monthly instalment of Minimum Rent thereafter falling due hereunder, but nothing herein
contained shall be deemed to suspend or delay the payment of any
amount, money or charge at the time
same becomes due and payable hereunder, or limit any other remedy of the Landlord. The Tenant
covenants and agrees that the Landlord may, at its option, apply or allocate any sums received from
or due to the Tenant against any amounts due and payable hereunder in such manner as the Landlord,
in its sole discretion, sees fit.

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	19.	 	NET LEASE

     The Tenant acknowledges and agrees that it is intended that this Lease is a completely
carefree net lease to the Landlord, and, except as expressly herein set out, that the Landlord is
not responsible during the Term of the lease for any costs, charges, expenses and outlays of
any nature whatsoever arising from or relating to the Leased Premises or the use and occupancy
thereof or to the contents thereof, or the business carried on therein, and the Tenant shall pay
all charges, impositions, costs and expenses of any nature or kind relating to the Leased Premises,
except as expressly herein set out.

	20.	 	QUIET ENJOYMENT

     Upon the payment by the Tenant of the rents herein provided and upon the observance and
performance of all covenants, terms and conditions on the Tenant’s part to be observed and
performed, the Tenant shall peaceably and quietly hold and enjoy the Leased Premises for the Term
hereby demised without hindrance or interruption by the Landlord, or any other person or persons
lawfully claiming by, through or under the Landlord, subject, nevertheless, to the terms and
conditions of this Lease.

	21.	 	RIGHT OF ENTRY

     The Landlord or its agents shall have the right to enter the Leased Premises at all times
during normal business hours (except in the case of emergency, real or apprehended, in which case
the Landlord may enter at any time and will notify the Tenant of such entry as soon as possible
thereafter): (i) to examine the same, (ii) to show them to prospective purchasers, lessees
or mortgagees, and, (iii) without any obligation upon the Landlord to do so, to make such
repairs, alterations, improvements or additions to the Leased Premises or the Building as the
Landlord may deem necessary or desirable. The Landlord shall be allowed to take all material into
and upon the Leased Premises which may be required therefor without the same constituting an
eviction of the Tenant in whole or in part, and the rent reserved hereunder shall not abate while
such repairs, alterations, improvements or additions are being made due to any loss or interruption
of the business of the Tenant or otherwise. The Landlord shall diligently carry out
all repairs so as to minimize interference with the Tenant’s business. The Landlord shall not
be liable for any damage, injury or death caused to any person or property of the Tenant or of
others located on the Leased Premises as a result of such entry. During the six (6) months prior to
the expiration of the Term the Landlord may exhibit the Leased Premises to prospective tenants and
place upon the Leased Premises its usual notice “To Let” which notice the Tenant shall permit to
remain thereon without molestation. If the Tenant shall not be personally present to open and
permit an entry into the Leased Premises at any time when for any reason entry therein shall be
necessary or permissible, the Landlord or its agents may enter the same by a master key or may
forcibly enter the same, without rendering the Landlord or such agents liable therefor, and without
in any manner effecting the obligations and covenants of the Lease. Nothing herein contained,
however, shall be deemed or construed to impose upon the landlord any obligation, responsibility or
liability whatsoever for the care, maintenance or repair of the premises or any part thereof except
as otherwise herein specifically provided.

	22.	 	IMPROVEMENTS

     The Tenant will not make any repairs, alterations, replacements, decorations or improvements
to any part of the Leased Premises without first obtaining the Landlord’s prior written approval
such approval not to be unreasonably withheld. The Tenant shall submit to the Landlord
details of the proposed work, such indemnification against liens, costs, damages and expenses as
the Landlord shall require and evidence satisfactory to the Landlord that the Tenant has obtained,
at its sole expense, all necessary consents, licences and approvals from all governmental
authorities having jurisdiction. All such repairs, replacements, alterations, decorations or
improvements made by the Tenant to the Leased Premises and approved of by the Landlord
shall be at the sole cost of the Tenant, shall be performed by competent workmen in a good and
workmanlike manner and shall be subject to the reasonable supervision
of the Landlord. In
particular, but without limiting the foregoing, the Tenant’s selection of an electrical or
mechanical contractor shall be subject to the written approval of the Landlord, which approval
shall not be unreasonably withheld. Any such repairs, replacements, alterations, decorations or
improvements made by the Tenant without the prior

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written consent of the Landlord, or, which are
not in accordance with the drawings and specifications approved by the Landlord, as aforesaid,
shall, if requested by the Landlord, be promptly removed by the Tenant at its expense and the
Leased Premises restored to their previous condition. Notwithstanding anything herein contained, no
repair, replacement, alteration, addition, or improvement to the Leased Premises by or on behalf of
the Tenant shall be permitted which may weaken or endanger the structure or adversely affect the
condition or operation of the Leased Premises or the Building or diminish the value thereof, or
restrict or reduce the Landlord’s coverage for zoning purposes. Any and all repairs, replacements,
alterations, additions or improvements to the Leased Premises which may affect the structure of the
Leased Premises or any part of the Building or which are to be installed outside the Leased
Premises, shall be performed only by the Landlord at the Tenant’s sole cost and expense.

	23.	 	FIRE

     If and whenever during the Term the Building shall be destroyed or damaged by fire, lightning
or other perils as are insured against by the Landlord from time to time, then and in every such
event:

(a) If the damage or destruction to the Building renders twenty-five percent (25%) or more
of the Building wholly unfit for occupancy or if it is impossible or unsafe to use and
occupy the Building, or if in the opinion of the Landlord the Building is damaged or
destroyed to such a material extent or the damage or destruction is of such a nature that
the Building must be or should be totally or partially demolished, whether to be
re-constructed in whole or in part or not, or if the cost of repairing or rebuilding the
Building as a result of such damage or destruction exceeds twenty-five percent (25%) of
the replacement cost thereof, the Landlord may at its option, terminate this Lease by
giving to the Tenant notice in writing of such termination, in which event this Lease and
the Term hereby demised shall cease and be at an end as of the date of such destruction or
damage, and the Minimum Rent and all other payments for which the Tenant is liable under
the terms of this Lease shall be apportioned and paid in full to the date of such
destruction or damage.

(b) If the damage or destruction is such that the Leased Premises are rendered unfit for
occupancy or if it is impossible or unsafe to use and occupy the Leased Premises, and if
in either event, the damage, in the opinion of either the
Landlord’s architect or
engineer, to be given to the other party within thirty
(30) days of the happening of
such damage or destruction, cannot be repaired with reasonable diligence within one
hundred and twenty (120) days from the happening of such damage or destruction, then,
either the Landlord or the Tenant may within five (5) days next succeeding the giving of
the Landlord’s opinion, as aforesaid, terminate this Lease by giving to the other notice
in writing of such termination, in which event, this Lease and the Term hereby demised
shall cease and be at an end as of the date of such damage or destruction, and the Minimum
Rent and all other payments for which the Tenant is liable under the terms of this Lease
shall be apportioned and paid in full to the date of such destruction and damage. In the
event that neither the Landlord or the Tenant so terminate this Lease, then, the
Landlord shall repair the Leased Premises (to the extent only of the Landlord’s work in
connection with the original construction of the Leased Premises and for greater certainty
shall in no event include any leasehold improvement or fixtures unless originally
installed by the Landlord) with all reasonable speed and the Minimum Rent hereby reserved
shall abate, to the extent of all insurance recoveries received by the
Landlord from the date of the happening of the damage until the damage shall be repaired
by the Landlord to the extent hereinbefore set out in this Paragraph 23(b).

(c) If the damage is such that the Leased Premises are wholly unfit for occupancy or if it
is impossible and unsafe to use and occupy the Leased Premises but, if in either event,
the damage, in the opinion of the Landlord, to be given to the Tenant within thirty (30)
days from the happening of such damage can be repaired (to

21

 

the extent hereinbefore set out in Paragraph 23 (b)) with reasonable diligence within one hundred and twenty (120) days
from the happening of such damage, then, the Minimum Rent hereby reserved shall abate, to
the extent of all insurance coverage received by the Landlord, from the date of the
happening of such damage until the damage shall be repaired by the Landlord to the extent
hereinbefore set out in Paragraph 23(b).

(d) If in the opinion of the Landlord, the damage to the Leased Premises can be made good,
as aforesaid, within one hundred and twenty (120) days of the happening of such destruction
or damage, and the damage is such that the Leased Premises are capable of being partially
used for the purpose for which the Leased Premises are hereby leased, then, until such
damage has been repaired (to the extent set out in Paragraph 23(b)), the Minimum Rent shall
abate in the proportion that the part of the Leased Premises rendered unfit for occupancy
bears to the whole of the Leased Premises, and the Landlord shall repair the damage (to the
extent set out in Paragraph 23(b) with all reasonable speed.

(e) In the event the Landlord shall elect to repair, reconstruct or rebuild the Building or
the Leased Premises, as the case may be, in accordance with the provisions of this Paragraph
23, it is acknowledged and agreed by the Tenant that the Landlord shall be entitled to use
all plans and specifications and working drawings in connection therewith other than those
used in the original construction of the Building or the Leased Premises.

(f) The decision of the Landlord’s architect or engineer as to the time within which the
Building and/or the Leased Premises can or cannot be repaired, the state of tenantability
or fitness of the Leased Premises and/or the Building, and as to the date on which the
Landlord’s work of repair is completed, shall be final and binding upon the parties hereto.

(g) If the damage or destruction is caused by the fault, negligence, carelessness or misuse
of the Tenant, its servants, agents, employees, contractors, or others for whom the Tenant
is in law responsible, there shall be no abatement of the Minimum Rent or any other amounts
payable by the Tenant hereunder.

	24.	 	ASSIGNMENT BY LANDLORD

     The Landlord declares that it may assign its rights under this Lease to a lending institution
as collateral security for a loan to the Landlord and in the event that such an assignment is given
and executed by the Landlord, and notification thereof is given to the Tenant by or on behalf of
the Landlord, it is expressly agreed between the Landlord and the Tenant that this Lease shall not
be cancelled or modified for any reason whatsoever except as provided for, anticipated or permitted
by the terms of this Lease or by law, without the consent in writing of such lending institution.
Upon the written request of the Tenant the Landlord shall use reasonable efforts to obtain at
the Tenant’s expense, an agreement from the mortgagee of the Building to permit the Tenant to
remain in quiet possession of the Leased Premises without interruption or disturbance from such
mortgagee provided that the Tenant pays the rent when due and complies with all the terms and
conditions of the Lease and attorns to such mortgagee.

     The Tenant covenants and agrees with the Landlord that it will, if and whenever reasonably
required by the Landlord, consent to and become a party to any instrument relating to this Lease
which may be required by or on behalf of any purchaser, lender or mortgagee from time to time of
the Leased Premises.

	25.	 	LIMITATION OF LANDLORD’S LIABILITY

     The term “Landlord” as used in this Lease shall, so far as the covenants and obligations on
the part of the Landlord are concerned, be limited to mean and include only the owner or owners at
the time in question of the Building and in the event of any conveyance or transfer of ownership by
the Landlord herein named, and in the case of any subsequent transfer or conveyances, the then
vendor or transferor shall be automatically freed and relieved, from and
after the date of such transfer or conveyance, of all personal liability in respect of the
performance of any covenants or obligations on the part of the Landlord contained in this Lease
thereafter to be performed, provided that:

22

 

(a) any funds in the hands of the Landlord or the then vendor or transferor at the time of
such transfer, in which the Tenant has an interest, shall be turned over to the purchaser or
transferee and any amount then due and payable to the Tenant by the Landlord or the then
vendor or transferor under any provision of this Lease shall be paid to the Tenant; and

(b) upon any such transfer or conveyance, the purchaser or transferee shall be deemed to
have assumed, subject to the limitations of this Paragraph, all of the terms, covenants and
conditions contained in this Lease to be performed on the part of the Landlord.

     It is the intention of the parties pursuant to this Paragraph 25 that the covenants
and obligations contained in this Lease on the part of the Landlord shall, subject as aforesaid, be
binding upon the Landlord, its successors and assigns, only during and in respect of their
respective periods of ownership.

	26.	 	SIGNS

     The Tenant will not paint, fix, display, or cause to be painted, fixed or displayed, any sign,
picture, advertisement notice, lettering or decoration on any part of the exterior or the interior
of the Leased Premises without, in each instance, the prior written approval of the Landlord
such approval not to be unreasonably withheld. All signs erected by the Tenant with the
Landlord’s approval, as aforesaid, shall nevertheless be of uniform size, lettering and location as
the signs of all other tenants in the Building. Any such signs or other advertising material, as
aforesaid, shall be removed by the Tenant at the expiration or earlier termination of this Lease
and the Tenant shall promptly repair any and all damage caused by such installation or removal. If
the Landlord shall, in its sole discretion, desire to establish a uniform sign policy for all
tenants of the building, then, the Tenant acknowledges and agrees that the Landlord, at its option,
shall be entitled to erect all signs or other advertising material in or on the Building,
advertising the respective tenants’ business operations therein (including the Tenant named
herein.) The cost of such sign and the installation and erection thereof in respect of the Leased
Premises shall be borne entirely by the Tenant and shall be payable forthwith on demand, as
additional rent.

	27.	 	WAIVER OF BREACH

     The waiver by the Landlord of any breach of any term, covenant or condition herein contained
shall not be deemed to be a waiver of such term, covenant or condition or any subsequent breach of
the same or any other term, covenant or condition herein contained. The subsequent acceptance of
rent hereunder by the Landlord shall not be deemed to be a waiver of any preceding breach by the
Tenant of any term, covenant or condition of this Lease, regardless of the Landlord’s knowledge of
such preceding breach at the time of acceptance of such rent. No covenant, term or condition of
this Lease shall be deemed to have been waived by the Landlord unless such waiver is in writing and
signed by the Landlord.

	28.	 	NOTICES

     Any notice, demand, request or other instrument which may be or is required to be given under
this Lease shall be delivered in person or sent by registered mail, postage prepaid, and shall be
addressed (a) if to the Landlord at 555 Richmond Street West, Toronto, Ontario, M5V
3BI, Attention: Property Manager or at such other address as the Landlord designates by
written notice, and (b) if to the Tenant, at the Leased Premises. Any
such notice, demand, request or consent is conclusively deemed to be given or made on the date upon
which such notice, demand, request or consent is delivered, or if mailed, then four (4)
days following the date of mailing, as the case may be, and the time period referred to
therein commences to run from the time of delivery or four (4) days following the date of
mailing, as the case may be. Either party may at any time give notice in writing to the other of
any change of address of the party giving such notice and from or after the giving of such notice,
the address therein specified is deemed to be the address of such party for the giving of notices
hereunder. Provided, however, if the postal service is interrupted or substantially delayed for any
reason whatsoever, then, any notice, demand, request or other instrument shall be delivered in
person only.

23

 

	29.	 	STATUS STATEMENT

     Within ten (10) days after written request therefor by the Landlord, or in the event that upon
any sale, assignment, lease or mortgage of the Leased Premises or the lands thereunder by the
Landlord, a status statement shall be required from the Tenant, the Tenant hereby agrees to deliver
in the form supplied by the Landlord a certificate to any proposed mortgagee or purchaser or to the
Landlord, stating, (if such be the case), without limitation, that:

(a) this Lease is unmodified and in full force and effect (or if there have been any
modifications, that this Lease is in full force and effect as modified and identify the
modification agreements, if any) or if this Lease is not in full force and effect, the
certificate shall so state;

(b) the date of the commencement of the Term;

(c) the date to which the Minimum Rent has been paid under this Lease; and

(d) whether or not there is any existing default by the Tenant in the payment of Minimum
Rent or other sum of money under this Lease, and whether or not there is any other
existing default by either party under this Lease with respect to which a notice of
default has been served, and if there is any such default, specifying the nature and
extent thereof.

	30.	 	SUBORDINATION

     This Lease and all of the rights of the Tenant hereunder are, and shall at all times, be
subject and subordinate to any and all mortgages, trust deeds or the charge or lien resulting from
any other method of financing or refinancing or any renewals, or extensions thereof, now or
hereafter in force against the lands, buildings and improvements comprising the Lands and the
Building. Upon the request of the Landlord, the Tenant will subordinate this Lease and all of its
rights hereunder in such form or forms as the Landlord may require to any such mortgage, trust
deeds or the charge or lien resulting from any other method of financing or refinancing and to all
advances made or hereafter to be made upon the security thereof, and will, if requested, attorn to
the holder thereof. If within ten (10) days after the date of any request in respect thereof, the
Tenant has not executed and delivered to the Landlord any instruments or certificates required
pursuant to the provisions of this Paragraph 30 or Paragraph 29 hereof, then, the Tenant hereby
irrevocably appoints the Landlord as the Tenant’s attorney with full power and authority to execute
and deliver in the name of the Tenant any such instruments or certificates.

	31.	 	IMPOSSIBILITY OF PERFORMANCE

     Notwithstanding anything to the contrary contained in this Lease, if either party hereto is
bona fide delayed or hindered in or prevented from the performance of any term, covenant or act
required hereunder by reason of strikes, labour troubles, inability to procure materials or
services, power failure, restrictive governmental laws or regulations, riots, insurrection,
sabotage, rebellion, war, acts of God, or other reasons whether of a like nature or not which is
not the fault of the party delayed in performing work or doing acts required under the terms of
this Lease, then, the performance of such term, covenant or act is excused for the period of the
delay and the party so delayed shall be entitled to perform such term, covenant or act within the
appropriate time period after the expiration of the period of such delay. However, the provisions
of this Paragraph 31 shall not in any way operate to excuse the Tenant from the prompt payment of
Minimum Rent and additional rent or any of the payments required by the terms of this Lease.

24

 

32. MISCELLANEOUS

     The Landlord and Tenant agree that:

(a) Successors and Assigns

     All rights and liabilities herein given to or imposed upon the respective parties hereto shall
extend to and bind the several respective permitted heirs, executors, administrators, successors
and assigns of the said parties, and if there shall be more than one Tenant, they shall be bound
jointly and severally by the terms, covenants and agreements contained herein. No rights, however,
shall enure to the benefit of any assignee of the Tenant unless the assignment to such assignee has
been approved by the Landlord in writing as provided in Paragraph 9(j) hereof.

(b) Accord and Satisfaction

     No payment by the Tenant or receipt by the Landlord of a lesser amount than the monthly
Minimum Rent herein stipulated shall be deemed to be other than on account of the earliest
stipulated rent, nor shall any endorsement or statement or any cheque or any letter accompanying
any cheque or payment as rent be deemed an accord and satisfaction, and the Landlord may accept
such cheque or payment without prejudice to the landlord’s right to recover the balance of such
rent or pursue any other remedy in this Lease provided.

(c) Entire Agreement

     This Lease and the Schedules and Riders, if any, attached hereto and forming a part hereof,
together with the rules and regulations promulgated by the Landlord from time to time set forth all
the covenants, promises, agreements, conditions and understandings between the Landlord and the
Tenant concerning the Leased Premises and there are no covenants, promises, agreements, conditions
or understandings, either oral or written, between them other than are herein set forth. Except as
herein otherwise provided, no subsequent alteration, amendment, change or addition to this Lease
shall be binding upon the Landlord or the Tenant unless in writing and signed by each of
them.

(d) Captions and Section Numbers

     The captions, section numbers, article numbers, and index appearing in this Lease are inserted
only as a matter of convenience and in no way define, limit, construe or describe the
scope or intent of such sections or articles of this Lease, nor in any way affect this Lease.

(e) Extended Meanings

     The word “Tenant” shall be deemed to include the word “lessee” and shall mean each and every
person or party mentioned as a tenant herein, be the same one or more, and if there shall be more
than one Tenant, any notice required or permitted by the terms of this Lease may be given
by or to any one thereof, and shall have the same force and effect as if given by or to all
thereof. Any reference to “Tenant” shall include, where the context allows, the servants, employees,
agents, and invitees of the Tenant and all others over whom the Tenant exercises control. Whenever
the word Landlord is used in this Lease, it shall be deemed to include the word “lessor” and to
include the Landlord and its duly authorized representatives. The words “hereof”, “herein”,
“hereunder” and similar expressions used in any section or subsection relate to the whole of this
Lease, and not to that section or that subsection only, unless otherwise expressly
provided.

25

 

     The use of the neuter singular pronoun to refer to the Landlord or the Tenant shall be deemed
a proper reference even though the Landlord or the Tenant may be an individual, a partnership, a
corporation, or a group of two or more individuals or corporations. The necessary grammatical
changes required to make the provisions of this Lease apply in the plural sense where there is more
than one Landlord or Tenant and to either corporations, associations, partnerships, or individuals,
(males or females), shall in all instances be assumed as though in each case fully expressed.

(f) Partial Invalidity

     If any term, covenant or condition of this Lease or the application thereof to any person or
circumstance shall, to any extent, be invalid or unenforceable, the remainder of this Lease, or the
application of such term, covenant or condition to persons or circumstances other than those as to
which it is held invalid or unenforceable, shall not be affected thereby and each term, covenant or
condition of this Lease shall be valid and enforced to the fullest extent permitted by law.

(g) Registration

     The Tenant shall not register this Lease or notice thereof without the written consent of the
Landlord such consent not to be unreasonably withheld.

(h) Governing Law

     This Lease shall be construed in accordance with, and governed by, the laws of the Province of
Ontario.

(i) Time of the Essence

	 	 	Time shall be of the essence of this Lease and of every part hereof.

(j) Notice by Tenant

     The Tenant shall, when it becomes aware of same, or when the Tenant, acting reasonably, should
have become aware of same, notify the Landlord of any damage to, or deficiency or defect in any
part of the Building, including the Leased Premises and any equipment or utility systems, or any
installation located therein, notwithstanding the fact that the Landlord may have no obligation
with respect to same.

(k) Rules and Regulations

     The Tenant and its employees and all persons visiting or doing business with the Tenant shall
be bound by the rules and regulations attached to this Lease as Schedule “D” and all such rules and
regulations shall be deemed to be incorporated in and form part of this Lease.

26

 

33. SPECIAL CONDITIONS

(a) Fixturing Period

The Tenant and its consultants, vendors and contractors shall be permitted reasonable access to the
Premises for the purpose of design, planning and completion of the Tenant’s Work from execution of
the Lease until March 31, 2005 (the “Fixturing Period”). The Tenant acknowledges that the
Landlord’s Work may continue during the Fixturing Period. The Landlord and Tenant will mutually
cooperate with each other with respect to the completion of their respective work during the
Fixturing Period.

The Tenant shall not be responsible for payment of Net Rent, its share of Realty Taxes, Operating
Costs and Hydro Charges during the Fixturing Period but shall otherwise abide by and observe all
other terms and provisions of the Lease, including without limitation discharging its obligation to
insure the Premises.

(b) Removal of Leasehold Improvements by Tenant

Without limiting the generality of the foregoing, the Tenant shall not be responsible at expiration
of the Term for:

	 	(i)	 	removing those leasehold improvements installed in the Premises prior to
February 14, 2005; and
	 
	 	(ii)	 	removing those leasehold improvement(s) the Tenant installs in the Leased
Premises that have been approved in writing in advance by the Landlord including
specific written acknowledgement that such leasehold improvement(s) do not require
removal at the expiration of the Term. It shall be deemed reasonable for the Landlord
to refuse to waive the Tenant’s obligation to remove same if in its opinion such
leasehold improvement is not of a generic office nature likely to be re-usable by
subsequent tenant(s) leasing the Leased Premises, or detracts from the value or the
appearance of the Leased Premises.

(c) Right of First Opportunity

If during the time periods set out in Section 33(b)(i) and 33(b)(ii) below, the noted premises are
available for lease and not under formal negotiation between the Landlord and a third-party, then
the Tenant shall have the right to lease same on the terms and provisions set out hereunder by
delivering written notice to the Landlord exercising such right.

	 	(i)	 	During the first Eighteen (18) months of the Term, the Tenant shall have
an ongoing Right of First Opportunity (“ROFO1”) to lease Suite 215 in
the Building (shown outlined in blue on the plan attached hereto as Schedule
“A” and encompassing approximately 6,000 rentable square feet of area on the
2nd floor) on the same terms and conditions as are contained in this Lease
including but not limited to Minimum Rent rate, Fixturing Period, early occupancy
rights and Leasehold Allowance, save and except that the Term for Suite 215
shall expire on October 31, 2010 and Fixturing Period, early occupancy rights and
Leasehold Allowance shall be adjusted on a pro-rated basis to reflect any
resulting term of lease less than Sixty (60) months.
	 
	 	(ii)	 	During the first Twelve (12) months of the Term, the Tenant shall have an
ongoing Right of First Opportunity (“ROFO2”) to lease Suite 217 in the Building
(shown outlined in green on the plan attached hereto as Schedule “A” and encompassing
approximately 5,841 rentable square feet of area on the 2nd floor) on the
same terms and conditions as are contained in this Lease including but not limited to
Minimum Rent rate, Fixturing Period, early occupancy rights and Leasehold Allowance,
save and except that the Term for Suite 217 shall expire on October 31, 2010 and
Fixturing Period, early occupancy rights and Leasehold Allowance shall be adjusted on
a pro-rated basis to reflect any resulting term of lease less than Sixty (60) months.

26b

 

(d) Right of First Refusal

If during the Term the Landlord receives an acceptable written offer from a third-party to lease
Suite 215 or Suite 217 in the Building, then the Landlord shall notify the Tenant in writing of the
terms and provisions of such acceptable offer and the Tenant shall have a period of Three (3)
business days from receipt of such notice to exercise this right to lease such premises on the same
economic terms as are contained in such offer, save and except as noted hereunder, by delivering
written notice to the Landlord exercising this right.

In the event the acceptable offer from the third-party is for a term of lease greater than Sixty
(60) months, then the Tenant shall only be responsible for “matching” the term of lease for Sixty
(60) months and all economic terms shall be adjusted on a pro-rated basis to reflect such shorter
term of lease.

In the event the financial and corporate covenant of the third-party tendering the acceptable
written offer is materially stronger than the financial and corporate covenant of the Tenant, then
it is understood and agreed that the economic terms of the Tenant’s lease of such premises shall be
adjusted in a reasonable manner to reflect its own financial and corporate covenant.

(e) Access

Access to the Building and the Leased Premises is currently on a 24-hour per day 7-day per week
basis subject to the terms and provisions of the Lease.

(f) Leasehold Improvement Allowance

Landlord will pay to Tenant on the Commencement Date a leasehold improvement allowance (the
“Leasehold Improvement Allowance”) not exceeding Six Dollars and Twenty Five Cents ($6.25) per
square foot of the rentable area in the Premises upon the occurrence or satisfaction of the
following:

	 	i.	 	The Tenant is in occupancy of the Leased Premises and abiding
by the terms and provisions of the Lease; and
	 
	 	ii.	 	Delivery to Landlord of the following:

	 	1)	 	a statutory declaration of an officer of the
contractor that has performed the installation of the Leasehold
Improvements or alteration of existing Leasehold Improvements (the
“Tenant’s Work”) that the contract under which the Tenant’s Work was
performed (the “Tenant Work Contract”) has been “completed” or
“abandoned”, as those terms are defined under the Construction Lien Act
(Ontario); and
	 
	 	2)	 	one of:

	 	(A)	 	if applicable, a certificate of
substantial performance of the Tenant Work Contract in the form
prescribed in the Act, together with evidence of the date of
publication of such certificate as provided by the Act;
	 
	 	(B)	 	declarations of last supply in the
form described in the Act, if applicable, given by officers of all
the subcontractors employed by the contractor in the performance
of the Tenant’s Work;
	 
	 	(C)	 	if applicable, a certificate of
completion in the form prescribed in the Act, in respect of the
subcontract of each subcontractor employed by the contractor that
has performed the Tenant’s Work, together with evidence of
delivery of a copy of such certificates of completion to each
respective subcontractor;

26c

 

	 	(D)	 	the expiry of the periods pursuant to the
Act within which a person who supplied services or materials in
connection with the performance of the Tenant’s Work may file a
claim or lien for work or service performed or material supplied,
provided no claim for lien for work or service performed or material
supplied has been filed, or if such liens have been filed, then only
upon such liens being discharged or vacated. In connection
therewith, Landlord may require the Tenant to provide evidence by
way of a solicitor’s opinion that no liens in connection with the
Tenant’s Work are registered against the freehold or leasehold
interest in the Land or Building, such opinion to be dated the date
of the Leasehold Improvement Allowance is paid to Tenant;
	 
	 	(E)	 	the delivery to Landlord of proof of
payment of worker’s compensation assessments for all Tenant’s
contractors and subcontractors; and
	 
	 	(F)	 	receipted invoices, totalling not less
than the Leasehold Improvement Allowance, verifying the actual cost
of installing Leasehold Improvements in the Premises.

For the purposes of clarification, the Leasehold Improvement Allowance shall be used to pay for
design costs, construction management fees, construction drawings, installation of carpet repair/replacement and/or installation of drywall doors, windows, millwork, and wiring costs for both power and network to the Leased Premises.

In the event that the Tenant does not use the entire Leasehold Improvement Allowance, the
Landlord shall reduce the Minimum Annual Rent accordingly,

34. OPTION TO EXTEND:

If,

(a) The Tenant pays the rent (including Minimum Rent and Additional Rent) as and when due and
punctually observes and performs the terms, covenants and conditions to be observed and performed
by it in accordance with the terms of the Lease;

(b) The Tenant is not in default under the Lease;

(c) The Tenant gives the Landlord not less than six (6) months and not more then twelve (12) months
written notice prior to the expiration of the Term of this Lease of the Tenant’s intention to
extend the Term of the Lease; and

(d) So long as the Tenant is Eloqua Corporation and itself in occupation and conducting business in
the whole of the Leased Premises in accordance with the terms of the Lease, the Tenant expressly
acknowledging and agreeing that the provisions of this section are personal to the Tenant, then the
Landlord will grant to the Tenant the right to extend the Term of this Lease upon the expiry of the
initial Term for a period of five (5) years (the “Extended Term”) upon the same terms and
conditions as set out in the Lease except that:

26d

 

(i) There shall be no further right to extend the Term;

(ii) The Landlord may at its option require the Tenant to enter into an Extension
Agreement, as prepared by the Landlord at the Tenant’s expense to give effect to the
Extended Term; and

(iii) The Minimum Rent payable during each year of the Extended Term shall be based on the
fair market rent for similar premises in the Building at the time the Tenant exercises this
Option to Extend, but in no event less than $10.31 per rentable square foot per annum in
each year of the extended term.

	 	 	 	 	 	 	 

	SIGNED, SEALED AND DELIVERED	 	)	 	674951 ONTARIO LIMITED
	         in the presence of:

	 	)	 	 	 	(Landlord)
	 	 	)	 	 	 	 
	 

	 	)	 	Per:	/s/ Rena Miller 
	 

	 	 	 	 	 
	 	 	)	 	 	Rena Miller — Property Manager
	 	 	)	 	 	 	 
	 	 	)	 	 	 	 
	 

	 	)	 	Per:	 
	 

	 	 	 	 	 
	 	 	)	 	 	Michael Alter — Vice President
	 	 	)	 	 	 	 
	 	 	)	 	 	 	 
	 	 	)	 	 	 	 
	 	 	)	 	 
	 	 	)	 	ELOQUA CORPORATION
	 

	 	)	 	 	 	(Tenant)
	 	 	)	 	 	 	 
	 	 	)	 	 	 	 
	 	 	)	 	 
	 	 	)	 	Per:	/s/ Mark Organ
	 

	 	 	 	 	 
	 	 	 	 	 	Mark Organ, President

27

 

SCHEDULE “A”

PLAN OF BUILDING

28

 

SCHEDULE “B”

LEGAL DESCRIPTION

     Lots 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12 and 13, Block A, Lot 14, Lots 15, 16, 17, 18, 19,
20, 21, 22, 23, 24 and 25, Block D, Blocks B and C, The Private Lane, Plan D-1303 and Lot 12,
Section H, Military Reserve, in the City of Toronto Municipality of Metropolitan Toronto,
designated as Part 1, on Plan 63R-3261 (as described in Instrument No. CT-807031).

29

 

SCHEDULE “C”

LANDLORD’S AND TENANT’S WORK

Save and except as provided for hereunder, the Landlord shall deliver and the Tenant shall accept
the Leased Premises in an “as-is” condition, and the Tenant hereby acknowledges that leasehold
improvements in the Leased Premises have been subjected to the wear and tear of the previous
occupant.

Save and except as provided for hereunder, the Tenant shall be responsible for any and all costs of
new leasehold improvements in the Leased Premises, or modifications of existing leasehold
improvements, if any, including but not necessarily limited to the cost of securing required
permits, working drawings, material, labour, and a reasonable charge for supervision by the
Landlord.

The Tenant agrees to construct and complete in a good and workmanlike manner, leasehold
improvements and modifications to the Leased Premises strictly in accordance with the terms and
provisions of the Lease. Without limiting the generality of the foregoing, the Tenant shall not
commence any such work without the prior written approval of the Landlord, and the Tenant shall use
only those contractors approved by the Landlord in advance.

The Landlord, at its sole cost, shall complete the following work in the Leased Premises within
Five (5) business of execution of this Lease:

	a.	 	Ensure all Base Building electrical, plumbing and heating, ventilation and airconditioning
system (“HVAC”) serving the Premises, and HVAC, electrical and sprinkler systems in the Leased
Premises, are fully functional and in good repair and condition; and
	 
	b.	 	Complete a general cleaning of the Leased Premises.

30

 

SCHEDULE“D”

RULES AND REGULATIONS

1. The Tenant shall not permit any cooking, except within the kitchen located within the Leased
Premises, in the Leased Premises without the written consent of the Landlord. The Tenant shall
be permitted to use a microwave oven to heat up food as long as the smell and odours resulting
therefrom shall not flow through beyond the Leased Premises.

2. The sidewalks, entrances, driveways and roadways shall not be obstructed or used by the Tenant,
its agents, servants, contractors, invitees or employees for any purpose other than ingress to and
egress from the Leased Premises. The Landlord reserves the entire control of all parts of the
Building employed for the common benefit of the tenants thereof.

3. The Tenant, its agents, servants, contractors, invitees or employees, shall not bring in or take
out, position, construct, install or move any safe, business machinery or other heavy machinery or
equipment or anything liable to injure or destroy any part of the Building without first obtaining
the consent in writing of the Landlord. In giving such consent, Landlord shall have the right in
its sole discretion, to prescribe the weight permitted and the position thereof, and the use and
design of planks, skids, or platforms, to distribute the weight thereof. All damage done to the
Building by moving or using any such heavy equipment or machinery shall be repaired at the expense
of Tenant. The moving of all heavy equipment or other machinery shall occur only by prior
arrangement with the Landlord.

4. The Tenant shall not place or cause to be placed any additional locks upon any doors of the
Leased Premises without the approval of the Landlord and subject to any conditions imposed by the
Landlord.

5. The water closets and other water apparatus shall not be used for any purpose other than those
for which they were constructed, and no sweepings, rubbish, rags, ashes or other substances shall
be thrown therein. Any damage resulting by misuse shall be borne by the Tenant. The Tenant shall
not deface or mark any part of the Building, or drive nails, spikes, hooks, or screws into the
walls or woodwork of the Building.

6. No one shall use the Leased Premises for sleeping apartments or residential purposes, or for the
storage of personal effects or articles other than those required for business purposes.

7. The Tenant shall not receive or ship articles of any kind except through freight facilities, and
designated doors and at hours designated by the Landlord. All receiving and shipping shall be
subject to the rules and regulations established by the Landlord in that regard, including without
limitation, the use of rubber wheels on all equipment being used to move articles in and out of the
Leased Premises and the Building.

8. No inflammable oils or other inflammable, dangerous or explosive materials except those approved
in writing by the Landlord’s insurers shall be kept or permitted to be kept in the Leased Premises.

9. If the Tenant desires telegraphic or telephonic connections, the Landlord will direct the
electricians as to where and how the wires are to be introduced, and without such direction no
boring or cutting for wires will be permitted. No gas pipe or electric wire will be permitted which
has not been ordered or authorized by the Landlord. No outside radio or television aerials shall be
allowed on the Leased Premises without authorization in writing by the Landlord, such authorization
not to be unreasonably withheld.

31

 

10. The Tenant shall not permit undue accumulations of garbage, trash, rubbish or other refuse
within or without the Leased Premises or cause or permit objectionable odours to emanate or be
dispelled from the Leased Premises.

11. No pets or animals shall be permitted in the Leased Premises or the Building.

12. The Landlord shall have the right to make such other and further reasonable rules and
regulations as in its judgment may from time to time be needed for the safety, care and cleanliness
of the building, and for the preservation of good order therein.

32

 

LEASE AMENDING AGREEMENT

THIS AGREEMENT made as of the 13th day of February, 2006.

BETWEEN:

674951
ONTARIO LIMITED

(the “Landlord”)

- and -

ELOQUA CORPORATION

(the “Tenant”)

WHEREAS:

A. By a Lease dated the 10th day of February, 2005 (the “Lease”), the Landlord leased to
Eloqua Corporation, for a term (the “Term”) of five (5) years commencing on the 1st day of November, 2005,
and expiring on the 31st day of October, 2010, certain premises (the “Leased Premises”) known as
Suite No. 214, comprising an area of approximately Twelve Thousand Six Hundred Ninety Five (12,695)
rentable square feet shown outlined in red on the plan attached to the Lease as Schedule “A”, and located on the Second (2nd) floor of the building (the “Building”) known municipally as
543 Richmond Street West in the City of Toronto, in the Province of Ontario.

B. The Tenant has agreed to lease Suite 215 in the Building from the Landlord and to further
amend the Lease upon the terms and provisions as are contained in this Agreement

NOW THEREFORE THIS AGREEMENT WITNESSETH that in consideration of the mutual promises hereinafter
set forth and other good and valuable consideration, the receipt and sufficiency of which is by
each of the parties hereto acknowledged, the parties agree as follows:

1. The Landlord does demise and lease to the Tenant the premises known as Suite 215 shown outlined
in red on the floorplan attached hereto as Schedule “A”, consisting of an area of approximately Six
Thousand and Twelve (6,012) square feet of rentable area on the Second (2nd) floor of
the Building (“Suite 215”), and Suite 215 is hereby added to and included in the Leased Premises as
defined in the Lease beginning on September 1, 2006 (the “Start Date”).

2. it is further understood and agreed that under this Lease Amending Agreement:

(i) The Tenant’s proportionate share for Suite 215 is 5.2%;

(ii) The Minimum Rent payable by the Tenant with respect to Suite 215 shall be based on
the rate of Ten Dollars and Thirty One Cents ($10.31) per square foot
of the rentable area of Suite 215 per annum from September 1, 2006 through October 31, 2010;

(iii) The Tenant will accept Suite 215 in an “as is” condition save and except that the Landlord shall, at its sole cost;

	 	a.	 	Ensure all Base Building electrical, plumbing and heating, ventilation
and air-conditioning system (“HVAC”) serving Suite 215, and HVAC, electrical and
sprinkler systems in Suite 215, are fully functional and in good repair and
condition; and
	 
	 	b.	 	Complete a general cleaning of Suite 215.

(iv) The Landlord will pay to the Tenant on the Start Date a Leasehold Improvement
Allowance not exceeding Five Dollars and Twenty One Cents ($5.21) per square foot of the
rentable area of Suite 215 upon the terms and provisions of Sections 33(f)(i) and 33(f)(ii)
in
the Lease.

(v) The Tenant hereby deposits with the Landlord as security for the prompt
performance and observance by the Tenant of all of the terms, covenants, conditions and

 

 

LEASE AMENDING
AGREEMENT 
Between: Eloqua
Corporation 
&674951
Ontario Limited 
February
13, 2006

Page 2

provisions of the Lease the sum of Fifteen Thousand Dollars ($15,000.00) (the “Deposit”)
to be held by the Landlord without interest and applied as follows:

	 	a.	 	If the Tenant complies with all of the terms, covenants, and conditions
under this Lease and is not otherwise in default under this Lease, then the first
Ten Thousand Dollars ($10,000.00) of the Deposit shall be applied and credited to
the Tenant on account of Minimum Rent and the Tenant’s proportionate share of Realty
Taxes,
Operating Costs and Utility Charges (excluding GST) otherwise payable beginning
on January 1, 2007 and shall continue to be applied towards same until exhausted;
and
	 
	 	b.	 	If the Tenant complies with all of the terms, covenants, and conditions
under this
Lease and is not otherwise in default under this Lease, then the balance of the
Deposit, namely Five Thousand Dollars ($5,000.00) of the Deposit shall be applied
and credited to the Tenant on account of Minimum Rent and the Tenant’s
proportionate share of Realty Taxes, Operating Costs and Utility Charges (excluding
GST) otherwise payable beginning on January 1, 2008 and shall continue to be
applied towards same until exhausted;

(vi) The Tenant shall, within five (5) business days of execution of this Agreement by the
Tenant, provide the Landlord with an Irrevocable Standby Letter of Credit (the “LC”) in the
substantially in the same form as the existing Letter of Credit in favour of the Landlord from
the Tenant’s bank as set out in Rider “A” Section (b) of the Lease save and except that:

	 	a.	 	The aggregate amount of the LC shall be Thirty Five Thousand Dollars
($35,000.00);
	 
	 	b.	 	Provided the Tenant is not in material default of the terms and
conditions of the Lease, upon automatic renewal of the LC on January 1, 2008, the
amount will be reduced to Thirty Thousand Dollars ($30,000.00);
	 
	 	c.	 	Provided the Tenant is not in material default of the terms and
conditions of the Lease, upon automatic renewal of the LC on January 1, 2009, the
amount will be reduced to Twenty Thousand Dollars ($20,000.00);
	 
	 	d.	 	Provided the Tenant is not in material default of the terms and
conditions of the
Lease, upon automatic renewal of the LC on January 1, 2010, the amount will be
reduced to Ten Thousand Dollars ($10,000.00); and
	 
	 	e.	 	Provided the Tenant has performed all its obligations pursuant to the
Lease, the LC
shall expire on November 30, 2010.

4. Following execution of this Agreement, the Tenant shall be permitted to occupy Suite 215 for the
purpose of completing its leasehold improvements and thereafter to conduct its business, provided
it shall comply with and abide by all the terms and conditions of the Lease, save and except: the
Tenant shall not be responsible for the payment of Minimum Rent and its share of Realty Taxes,
Operating Costs and Hydro Charges from execution of this Agreement through February 28, 2006; and
the Tenant shall not be responsible for the payment of Minimum Rent and its share of Realty Taxes
and Operating Costs but shall be responsible for Hydro Charges from March 1, 2006 through August
31, 2006. Without limiting the generality of the foregoing, the Tenant shall ensure it complies
with all covenants and obligations with respect to insurance while occupying Suite 215 prior to the
Start Date.

5. The
Tenant represents and warrants that it has the right, full power and authority to agree to
the amendments to the Lease, and other provisions contained in this Agreement.

6. The parties confirm that the terms, covenants and conditions of the Lease remain unchanged and
in full force and effect, except as modified by this Agreement, It is understood and agreed that
all terms and expressions when used in this Agreement, unless a contrary intention is expressed
herein, have the same meaning as they have in the Lease.

 

 

LEASE AMENDING
AGREEMENT 
Between: Eloaua
Corporation
 & 674951
Ontario Limited
 February 13, 2006

Page 3

7. This Agreement shall enure to the benefit of and be binding upon the parties hereto and
their respective heirs, executors, administrators, successors and assigns, as the case may be.

8. It is understood and acknowledged that this Lease Amending Agreement and the Lease and all
negotiations and discussions relating thereto are of a confidential nature. The Tenant shall not
disclose any details related thereto to any party, save and except those required by the operation
of the Tenant’s business, to have such information

     IN WITNESS WHEREOF the Landlord has duly executed this Agreement at Toronto this 10 day
of March, 2006.

	 	 	 	 	 	 	 	 	 	 	 	 	 

	SIGNED, SEALED AND DELIVERED)	 	 	674951 ONTARIO LIMITED
	in the presence of:
	 	 	)	 	 	 	 	 	 	(Landlord)
	 
	 	 	)	 	 	 	 	 	 	 	 	 
	 
	 	 	)	 	 	 	 	 	 	 	 	 
	 
	 	 	)	 	 	Per:	 	/s/ Rena Miller
	 
	 	 	 	 	 	 	 	 	 	 	 
	 
	 	 	)	 	 	 	 	 	 	Rena Miller, Property Manager
	 
	 	 	)	 	 	 	 	 	 	 	 	 
	 
	 	 	)	 	 	Per:	 	/s/ Michael Alter
	 
	 	 	 	 	 	 	 	 	 	 	 
	 
	 	 	)	 	 	 	 	 	 	Michael Alter, vice-president
	 
	 	 	)	 	 	 	 	 	 	 	 	 

     IN
WITNESS WHEREOF the Tenant has duly executed this Agreement at        
this         day of FEB, 2006.

	 	 	 	 	 	 	 	 	 	 	 	 	 

	SIGNED, SEALED AND DELIVERED)	 	 	ELOQUA CORPORATION
	 
	 	 	)	 	 	 	 	 	 	(Tenant)
	 
	 	 	)	 	 	 	 	 	 	 	 	 
	 
	 	 	)	 	 	 	 	 	 	 	 	 
	 
	 	 	)	 	 	Per:	 	/s/ Steven Woods
	 
	 	 	 	 	 	 	 	 	 	 	 
	 
	 	 	)	 	 	 	 	 	 	Steven Woods, CTO
	 
	 	 	)	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 

 

 

LEASE AMENDING AGREEMENT

Between: Eloaua Corporation

& 874951 Ontario Limited

February l3, 2006

Page 4

SCHEDULE  “A”

 

 

LEASE AMENDING AGREEMENT

THIS AGREEMENT made as of the 22nd day of May, 2007.

BETWEEN:

674951 ONTARIO LIMITED

(the “Landlord”)

-and-

ELOQUA
CORPORATION 

(the “Tenant”)

WHEREAS:

A. By a Lease dated the 10th day of February, 2005 (the “Lease”), the Landlord leased to Eloqua
Corporation, for a term (the “Term”) of five (5) years commencing on the 1st day of November, 2005,
and expiring on the 31st day of October, 2010, certain premises (the “Leased Premises”) known as
Suite No. 214, comprising an area of approximately Twelve Thousand Six Hundred Ninety Five (12,695)
rentable square feet shown outlined In red on the plan attached to the Lease as Schedule “A”, and
located on the Second (2nd) floor of the building (the “Building”) known municipally as 543
Richmond Street West in the City of Toronto, in the Province of Ontarlo.

B. By way of a Lease Amending Agreement dated February 13, 2006, the Tenant leased from the
Landlord Suite 215 encompassing approximately Six Thousand and Twelve (6,012) square feet of
rentable are on the 2nd floor of 543 Richmond Street West (“Suite 215”) and Suite 215 was
incorporated into the Leased Premises effective on September 1, 2006;

C. By way of an agreement dated the 22nd day of May, 2007, the Tenant has agreed to lease
Suite 107 in the Building from the Landlord effective on October 6, 2007; and

D. The Tenant has agreed to lease Suite 119 in the Building on a short-term basis as set out
hereunder.

NOW THEREFORE THIS AGREEMENT WITNESSETH that in consideration of the mutual promises hereinafter
set forth and other good and valuable consideration, the receipt and sufficiency of which is by
each of the parties hereto acknowledged, the parties agree as follows:

1. Effective on June 6, 2007 (the “Effective Date”) for a Term of Four (4) months expiring on
October 5, 2007 the Landlord does lease to the Tenant Suite 119 upon the same terms, covenants and
conditions as are contained in the Lease except that:

	(a)	 	the Tenant will accept Suite 119 in an “as is” condition;
	 
	(b)	 	the Landlord has no responsibility or liability for making any renovations, alterations or
improvements in or to Suite 119, save and except the Landlord, at its cost, will ensure existing
lighting fixtures and lamps and HVAC service to Suite 119 are in good and working order;
	 
	(c)	 	the Tenant shall not complete any renovations, alterations or improvements in or to Suite 119
and shall not install, affix or hang any decorations or fixtures on the walls, door or ceiling of
Suite 119 or otherwise deface Suite 119 in any way and shall repair any damage or unreasonable wear
and tear to Suite 119 caused by its occupancy of same; and
	 
	(d)	 	The monthly Gross Rent payable by the Tenant with respect to Suite 119 shall be the amount of
Three Thousand Two Hundred Sixty One Dollars and Seventy Seven Cents ($3,261.77) (including GST)
which shall be deemed to be full and complete payment of all Minimum Rent, Realty Taxes, Operating
Costs and Hydro Charges with respect to Suite 119 for each month from June 6, 2007 through October
5, 2007. Notwithstanding the foregoing, the Tenant shall not be responsible for paying such Gross Rent
for the first Seven (7) days of the Term;

 

 

LEASE AMENDING AGREEMENT

Between:Eloqua Corporation

& 674951 Ontario Limited

June 1, 2007

Page 2

3. The Landlord and the Tenant shall both have the right to terminate the Lease at any time
during the Term, without penalty or bonus to either party, by providing Seven (7) days advance
written notice to the other party effecting same; and

4. The Tenant hereby deposits with the Landlord the sum of Three Thousand Two Hundred Sixty One
Dollars and Seventy Seven Cents ($3,261.77) as a further security deposit to be held by the Landlord
without interest to assure the Tenant’s performance of its obligations pursuant hereto, all as more
particularly set out in the Lease.

5. The parties confirm that the terms, covenants and conditions of the Lease remain unchanged
and in full force and effect, except as modified by this Agreement. Without limiting the generality
of the foregoing, the Deposit shall continue to be held by the Landlord as a security deposit, Without
interest, all as more particularly set out in the Lease.

It is understood and agreed that all terms and expressions when used in this Agreement, unless a
contrary intention is expressed herein, have the same meaning as they have in the Lease.

6. The Tenant represents and warrants that it has the right, full power and authority to agree
to the amendments to the Lease, and other provisions contained in this Agreement.

7. This Agreement shall enure to the benefit of and be binding upon the parties hereto and their
respective heirs, executors, administrators, successors and assigns, as the case may be.

     IN WITNESS WHEREOF the Landlord has duly executed this Agreement at Toranto this 1st
day of June 2007.

	 	 	 	 	 	 	 	 	 	 	 	 

	SIGNED, SEALED AND DELIVERED)	 	674951 ONTARIO LIMITED
	in the presence of:
	 	)	 	 	 	 	 	 	(Landlord)
	 
	 	)	 	 	 	 	 	 	 	 	 
	 
	 	)	 	 	 	 	 	 	 	 	 
	 
	 	)	 	 	Per:	 	/s/ Rena Miller
	 
	 	 	 	 	 	 	 	 	 	 
	 
	 	)	 	 	 	 	 	 	Rena Miller, Property Manager
	 
	 	)	 	 	 	 	 	 	 	 	 
	 
	 	)	 	 	Per:	 	/s/ Michael Alter
	 
	 	 	 	 	 	 	 	 	 	 
	 
	 	)	 	 	 	 	 	 	Michael Alter, vice-president
	 
	 	)	 	 	 	 	 	 	 	 	 
	 
	 	)	 	 	 	 	 	 	 	 	 

	 	 	IN WITNESS WHEREOF the Tenant has duly executed this Agreement at Toranto this 8th
day of June 2007.

	 	 	 	 	 	 	 	 	 	 	 	 

	SIGNED, SEALED AND DELIVERED)	 	ELOQUA CORPORATION
	 
	 	)	 	 	 	 	 	 	(Tenant)
	 
	 	)	 	 	 	 	 	 	 	 	 
	 
	 	)	 	 	 	 	 	 	 	 	 
	 
	 	)	 	 	 	 	 	 	 	 	 
	 
	 	)	 	 	 	 	 	 	 	 	 
	 
	 	)	 	 	 	 	 	 	 	 	 
	 
	 	)	 	 	Per:	 	/s/ David Harris Kolada
	 
	 	 	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	David Harris Kolada, SVP & CFO

 

 

LEASE
AMENDING AGREEMENT

THIS AGREEMENT made as of the 22nd day of May, 2007.

BETWEEN:

674951
ONTARIO LIMITED

(the “Landlord”)

-
and -

ELOQUA
CORPORATION

(the “Tenant”)

WHEREAS:

A. By a Lease dated the 10th day of February, 2005 (the “Lease”), the Landlord leased to
Eloqua
Corporation, for a term (the “Term”) of five (5) years commencing on the 1st day of November, 2005,
and expiring on the 31st day of October, 2010, certain premises (the “Leased Premises”) known as
Suite
No, 214, comprising an area of approximately Twelve Thousand Six Hundred Ninety Five (12,695)
rentable square feet shown outlined in red on the plan attached to the Lease as Schedule “A”, and
located on the Second
(2nd)
floor of the building (the “Building”) known municipality as 543
Richmond
Street West in the City of Toronto, in the Province of Ontario.

B. By way of a Lease Amending Agreement dated February 13, 2007, the Tenant leased from the
Landlord Suite 215 encompassing approximately Six Thousand and Twelve (6,012) square feet of
rentable are on the 2nd floor of 543 Richmond Street West (“Suite 215”) and Suite 215 was
Incorporated
into the Leased Premises effective on September 1, 2006; and

C. The Tenant has agreed to lease Suite 107 in the Building from the Landlord and to further
amend the Lease upon the terms and provisions as are contained in this Agreement

NOW
THEREFORE THIS AGREEMENT WITNESSETH that in consideration of the mutual promises hereinafter
set forth and other good and valuable consideration, the receipt and sufficiency of which is by
each of the parties hereto acknowledged, the parties agree as follows:

1. The Landlord does demise and lease to the Tenant the premises known as Suite 107 shown outlined
in red on the floorplan attached hereto as Schedule “A”, consisting of an area of approximately
Eleven Thousand Three Hundred (11,300) square feet of rentable area
on the First (1st) floor of the
Building (“Suite 107”), and Suite 107 is hereby added to and included in the Leased Premises as
defined in the Lease beginning on October 6, 2007 (the “Start Date”).

Within Fifteen (15) days of execution of this agreement, the Landlord’s space-planner shall measure
and certify the final rentable area of Suite 107 in accordance with Building standard methodology
for the 1st floor of the Building, and this agreement shall, if required, be amended in accordance
with such final determination.

2. It is further understood and agreed that under this Lease Amending Agreement:

(i) The Tenant’s proportionate share for Suite 107 is 9.8%;

(ii) The Minimum Rent payable by the Tenant with respect to Suite 107 shall be based on the
rate of Ten Dollars and Thirty One Cents ($10.31) per square foot of the rentable area of Suite
107 per annum from October 6, 2007 through October 31, 2010;

(iii) The Tenant will accept Suite 107 in an “as is” condition save and except that the Landlord
shall, at its sole cost;

	 	a.	 	Ensure all Base Building electrical, plumbing and heating, ventilation and air-
conditioning system (“HVAC”) serving Suite 107, and HVAC, electrical and
sprinkler systems in Suite 107 (as currently configured), are fully functional and in
good repair and condition;

 

 

LEASE AMENDING AGREEMENT

Between: Eloqua Corporation

& 674851 Ontario Limited

May 22, 2007

Page 2

	 	b.	 	Complete a general cleaning of Suite 107;
	 
	 	c.	 	Replace any materially damaged ceiling tiles, and, where
missing, install new
ceiling tiles throughout the existing T-Bar ceiling grid in Suite
107;
	 
	 	d.	 	Ensure all 2’x4’ fluorescent lighting fixtures
currently installed in the ceiling grid of
Suite 107 are connected and in good and working order; and
	 
	 	e.	 	Demolish all existing drywall partitions and interior
glazing in Suite 107 and
repair, to the extent reasonably possible, any damage to the ceiling
grid resulting
from such demolition. The Landlord will leave the existing kitchen
and plumbing
intact.

It is understood and agreed that the Landlord shall have joint access to
Suite 107 after execution of this agreement for the purpose of completing
the work it is responsible for as described above and the Tenant shall
cooperate with the Landlord to allow for such Landlord’s work to be
completed in an expeditious and efficient manner.

(iv) The Landlord will pay to the Tenant on the Start Date a Leasehold
Improvement Allowance not exceeding Three Dollars and Eighty Five Cents
($3.85) per square foot of the final rentable area of Suite 107 upon the
terms and provisions of Sections 33(f)(i) and 33(f)(ii) in the Lease.

(v) The Tenant hereby deposits with the Landlord as security for the
prompt
performance and observance by the Tenant of all of the terms, covenants,
conditions
and
provisions of the Lease the sum of Twenty Six Thousand Dollars
($26,000.00) (the
“Deposit”) to be held by the Landlord without Interest and applied as
follows:

	 	a.	 	If the Tenant complies with all of the terms, covenants,
and conditions under this
Lease and is not otherwise in default under this Lease, then the
first Seventeen
Thousand Three Hundred Thirty Three Dollars and Thirty Three Cents
($17,333.33) of the Deposit shall be applied and credited to the
Tenant on account
of Minimum Rent and the Tenant’s proportionate share of Realty
Taxes, Operating
Costs and Utility Charges (excluding GST) otherwise payable
beginning on
January 1, 2008 and shall continue to be applied towards same
until exhausted;
and
	 
	 	b.	 	If the Tenant complies with all of the terms, covenants,
and conditions under this
Lease and is not otherwise in default under this Lease, then the
balance of the
Deposit, namely Eight Thousand Six Hundred Sixty Six Dollars and
Sixty Seven
Cents ($8,666.67) of the Deposit shall be applied and credited to
the Tenant on
account of Minimum Rent and the Tenant’s proportionate share of
Realty Taxes,
Operating Costs and Utility Charges (excluding GST) otherwise
payable beginning
on January 1, 2009 and shall continue to be applied towards same
until exhausted.

(vi) The Tenant shall, within five (5) business days of execution of this
Agreement by
the Tenant, provide the Landlord with an Irrevocable Standby Letter of
Credit (the “LC”) in
the substantially in the same form as the existing Letter of Credit in
favour of the Landlord
from the Tenant’s bank as set out in Rider “A” Section (b) of the Lease
save and except that:

	 	a.	 	The aggregate amount of the LC shall be Forty Nine
Thousand Dollars
($49,000.00);
	 
	 	b.	 	Provided the Tenant is not in material default of the
terms and conditions of the
Lease, upon automatic renewal of the LC on January 1, 2009, the
amount will be
reduced to Thirty Eight Thousand Dollars ($38,000.00);
	 
	 	d.	 	Provided the Tenant is not in material default of the
terms and conditions of the
Lease, upon automatic renewal of the LC on January 1, 2010, the
amount will be
reduced to Nineteen Thousand Dollars ($19,000.00); and
	 
	 	e.	 	Provided the Tenant has performed all its obligations
pursuant to the Lease, the LC
shall expire on November 30,2010.

 

 

LEASE AMENDING AGREEMENT

Between: Eloqua Corporation

& 674951 Ontario Limited

May 22, 2007

Page 3

4. Following execution of this Agreement, the Tenant shall be
 permitted to access Suite 107 for
the purpose of completing its leasehold improvements and upon completion of same to occupy Suite
107 to conduct its business therein, provided it shall comply with
and abide by all the terms and conditions of the Lease, save and except the Tenant shall not be responsible for the payment of
Minimum Rent and its share of Realty Taxes, Operating Costs and Hydro Charges from execution of
this Agreement through October 5, 2007. Without limiting the generality of the foregoing, the
Tenant shall ensure it complies with all covenants and obligations with respect to insurance while
accessing and/or occupying Suite 107 prior to the Start Date.

5. The Tenant represents and warrants that it has the right, full power and authority to agree to
the amendments to the Lease, and other provisions contained in this Agreement.

6. The parties confirm that the terms, covenants and conditions of the Lease remain unchanged and
in full force and effect, except as modified by this Agreement. It is understood and agreed that
all terms and expressions when used in this Agreement, unless a contrary intention is expressed
herein, have the same meaning as they have in the Lease.

7. This Agreement shall ensure to the benefit of and be binding
 upon the parties hereto and their
respective heirs, executors, administrators, successors and assigns, as the case may be.

8. It is understood and acknowledged that this Lease Amending
 Agreement and the  Lease and all
negotiations and discussions relating thereto are of a confidential nature. The Tenant shall not
disclose any details related thereto to any party, save and except those required by the operation
of the Tenant’s business, to have such information

     IN
WITNESS WHEREOF the Landlord has duly executed this Agreement at Toronto, this 1st
day of June, 2007.

	 	 	 	 	 	 	 	 	 	 	 	 

	SIGNED, SEALED AND DELIVERED)	 	674951 ONTARIO LIMITED
	in the presence of:
	 	)	 	 	 	 	 	 	(Landlord)
	 
	 	)	 	 	 	 	 	 	 	 	 
	 
	 	)	 	 	 	 	 	 	 	 	 
	 
	 	)	 	 	Per:	 	/s/ Rena Miller
	 
	 	 	 	 	 	 	 	 	 	 
	 
	 	)	 	 	 	 	 	 	Rena Miller, Property Manager
	 
	 	)	 	 	 	 	 	 	 	 	 
	 
	 	)	 	 	Per:	 	/s/ Michael Aller
	 
	 	 	 	 	 	 	 	 	 	 
	 
	 	)	 	 	 	 	 	 	Michael Aller, vice-president
	 
	 	)	 	 	 	 	 	 	 	 	 
	 
	 	)	 	 	 	 	 	 	 	 	 

IN WITNESS
WHEREOF the Tenant has duly executed this Agreement at
                    , this 1st
day of June, 2007.

	 	 	 	 	 	 	 	 	 	 	 	 	 

	SIGNED, SEALED AND DELIVERED)	 	 	ELOQUA CORPORATION
	 
	 	 	)	 	 	 	 	 	 	(Tenant)
	 
	 	 	)	 	 	 	 	 	 	 	 	 
	 
	 	 	)	 	 	 	 	 	 	 	 	 
	 
	 	 	)	 	 	 	 	 	 	 	 	 
	 
	 	 	)	 	 	 	 	 	 	 	 	 
	 
	 	 	)	 	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	Per:	 	/s/ David Harris Kolada
	 
	 	 	 	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	David Harris Kolada, SVP & CFO

 

 

LEASE AMENDING AGREEMENT

Between:Eloqua Corporation

& 674851 Ontario Limited

May 22, 2007

Page 4

SCHEDULE “A”

 

 

LEASE
AMENDING AGREEMENT

THIS AGREEMENT made as of the 19th day of November, 2007.

BETWEEN:

674951 ONTARIO LIMITED

(the “Landlord”)

 - and -

ELOQUA CORPORATION

(the “Tenant”)

WHEREAS:

A. By a Lease dated the 10th day of February, 2005 (the “Lease”), the Landlord
leased to Eloqua Corporation, for a term (the “Term”) of five (5) years commencing on the 1st
day of November, 2005, and expiring on the 31st day of October, 2010, certain premises (the
“Leased Premises”) known as Suite No. 214, comprising an area of approximately Twelve Thousand
Six Hundred Ninety Five (12,695) rentable square feet shown outlined in red on the plan
attached to the Lease as Schedule “A”, and located on the Second (2nd) floor of the
building (the “Building”) known municipally as 543 Richmond Street West in the City of
Toronto, in the Province of Ontario.

B. By way of a Lease Amending Agreement dated February 13,
 2007, (the “First Amending Agreement”)
the Tenant leased from the Landlord Suite 215 encompassing approximately Six Thousand and
Twelve (6,012) square feet of rentable are on the 2nd floor of
 543 Richmond Street
West (“Suite 215”) and Suite 215 was incorporated into the Leased Premises effective on
September 1, 2006; and

C. By way of a Lease Amending Agreement dated May 22, 2007, (the “Second Amending
Agreement”), the Tenant leased from the Landlord Suite 107 encompassing approximately
Eleven Thousand Three Hundred square feet of rentable are on the 1st floor of 543
Richmond
Street West (“Suite 107”) and Suite 107 was incorporated into the Leased Premises effective on
October 6, 2007. Said Agreement provides that the Landlord’s space planner shall calculate the
final rentable area and the rent shall be adjusted accordingly; and

D. The Landlord’s space planner has determined that the total rentable area of Suite 107 is
approximately Ten Thousand Nine Hundred and Seventeen (10,917) square feet (the “Actual
Rentable Area”); and

E. The parties hereto have agreed to amend the Second Amending Agreement to reflect the
Actual Rentable Area of Suite 107 and amend the other terms and conditions accordingly;

NOW THEREFORE THIS AGREEMENT WITNESSETH that in consideration of the mutual promises
hereinafter set forth and other good and valuable consideration, the receipt and sufficiency
of which is by each of the parties hereto acknowledged, the parties agree as follows:

1. The Second Amending Agreement is amended as of the Commencement Date as
follows:

	 	(a)	 	Section 1 is amended to read Ten Thousand Nine Hundred and Seventeen (10,917)
square feet of rentable area;
	 
	 	(b)	 	Section 2(i) is amended to read the Tenant’s proportionate share for Suite 107 is
9.4%

2. The Tenant represents and warrants that it has the right, full power and authority to agree to
the amendments to the Lease, and other provisions contained in this Agreement.

3. The parties confirm that the terms, covenants and conditions of the Lease remain unchanged and
in full force and effect, except as modified by this Agreement. It is understood and agreed that
all terms and expressions when used in this Agreement, unless a contrary intention is expressed
herein, have the same meaning as they have in the Lease.

 

 

LEASE AMENDING AGREEMENT

Between: Eloqua Corporation

& 674951 Ontario Limited

May 22, 2007

Page 2

4. This Agreement shall enure to the benefit of and be binding upon the parties hereto and
their respective heirs, executors, administrators, successors and assigns, as the case may be.

5. It is understood and acknowledged that this Lease Amending Agreement and the Lease and
all negotiations and discussions relating thereto are of a confidential nature. The Tenant shall
not
disclose any details related thereto to any party, save and except those required by the operation
of the Tenant’s business, to have such information

     IN
WITNESS WHEREOF the Landlord has duly executed this Agreement at
Toronto, this      day of                     , 2007.

	 	 	 	 	 	 	 	 	 	 	 	 

	SIGNED, SEALED AND DELIVERED	 	)	 	 	   674951
ONTARIO LIMITED	 
	in the presence of:
	 	)	 	 	 	 	 	 	(Landlord)
	 
	 	)	 	 	 	 	 	 	 	 	 
	 
	 	)	 	 	 	 	 	 	 	 	 
	 
	 	)	 	 	Per:	 	/s/ Rena Miller
	 
	 	 	 	 	 	 	 	 	 	 
	 
	 	)	 	 	 	 	 	 	Rena Miller, Property Manager
	 
	 	)	 	 	 	 	 	 	 	 	 
	 
	 	)	 	 	Per:	 	/s/ Michael Alter
	 
	 	 	 	 	 	 	 	 	 	 
	 
	 	)	 	 	 	 	 	 	Michael Alter, vice-president
	 
	 	)	 	 	 	 	 	 	 	 	 

     IN
WITNESS WHEREOF the Tenant has duly executed this Agreement at
Toranto this 31 day of         2007.

	 	 	 	 	 	 	 	 	 	 	 	 

	SIGNED, SEALED AND DELIVERED	 	)	 	 	  ELOQUA CORPORATION	 
	 
	 	)	 	 	 	 	 	 	(Tenant)
	 
	 	)	 	 	 	 	 	 	 	 	 
	 
	 	)	 	 	 	 	 	 	 	 	 
	 
	 	)	 	 	 	 	 	 	 	 	 
	 
	 	)	 	 	 	 	 	 	 	 	 
	 
	 	)	 	 	 	 	 	 	 	 	 
	 
	 	)	 	 	Per:	 	/s/ Ralf Riekers
	 
	 	 	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	VP Finance & Operations

 

 

OFFER TO AMEND LEASE

Dated this 12th day of April 2010.

543 RICHMOND STREET WEST, TORONTO, ONTARIO

(the “Building”)

	 	 	TO: ELOQUA CORPORATION

        (the “Tenant”)
	 
	 	 	WE, 674951 ONTARIO LIMITED

        (the “Landlord”)

hereby offer to amend the existing lease dated February 10th, 2005 between the Landlord and the
Tenant (the “Lease”), through Cityspace SG Real Estate Inc. (the “Landlord’s Agent”) and Colliers
Macaulay Nicolls (Ontario) Inc., (the “Tenant’s Agent”) upon the following terms and conditions:

	1.	 	Premises
	 
	 	 	The premises shall consist of the existing premises of Twenty Nine Thousand Six Hundred
Twenty Four (29,624) rentable square feet being part of the 1st and 2nd
floors of the Building (the “Existing Premises”) and an additional Four Thousand
Seventy Seven (4,077) rentable square feet on the 2nd floor of the Building
currently occupied by Buck Productions as shown on Schedule “A” hereto (the “Expansion
Premises”) comprising a total of approximately Thirty Three Thousand Seven Hundred and
One (33,701) rentable square feet in the Building (collectively referred to as the
“Premises”). The final rentable area of the Premises shall be subject to adjustment, if
required, based on the actual, rentable area as determined by the Landlord’s architect in
accordance with the measurement standards in the Lease. The Landlord’s architect’s
certificate shall be delivered to the Tenant prior to the Commencement Date.
	 
	2.	 	Lease Term
	 
	 	 	The Term for the Premises shall be Five (5) years commencing November 1, 2010 (the
“Commencement Date”) and expiring on October 31, 2015 (the “Lease Term”).
	 
	3.	 	Minimum Rent
	 
	 	 	Throughout the entire Lease Term the Tenant shall pay to the Landlord the following
minimum rent (the “Minimum Rent”) payable in advance on the first day of each month as
follows:

	 	OPTION 1	 	 
	 
	 	Years 1-5:	 	 Seventeen Dollars and Twenty Cents ($17.20) per
square foot of Rentable Area of the Premises per

 

 

	 	 	 	annum based on the Leasehold Improvement Allowance set out
in Section 7(i) below.
	 
	 	OPTION 2	 	 
	 
	 	Years 1-5:	 	Fifteen Dollars and Sixty Cents ($15.60) per square
foot of Rentable Area of the Premises per annum based on
the Leasehold Improvement Allowance set out in Section
7(ii) below.

	4.	 	Additional Rent
	 
	 	 	As per the existing Lease which is estimated to be $9.85 per square foot of Rentable Area at
present except for the following items which shall not be included in Operating Costs:

	 	(a)	 	All amounts which otherwise would be included in Operating Costs which are chargeable by the
Landlord to other tenants;
	 
	 	(b)	 	Such of the Operating Costs as are recovered from insurance proceeds, warranties or
guarantees, to the extent such recovery represents reimbursements for costs previously
included in Operating Costs;
	 
	 	(c)	 	Interest on debt and capital retirement of debt;
	 
	 	(d)	 	All amounts which otherwise would be included in Operating Costs which are directly
attributable to the operation of the surface parking lot and underground parking garage
forming part of and serving the Building;
	 
	 	(e)	 	Commissions and other expenses payable in connection with the marketing and leasing of the
Building including the cost of any leasehold improvement allowance or other inducement paid to
tenants of the Building;
	 
	 	(f)	 	The amount of any goods and services tax (“G.S.T.”) and/or harmonized sales tax (“H.S.T.”)
paid or payable by the Landlord on the purchase of goods and services including in Operating
Costs
which may be available to the Landlord as a credit in determining the Landlord’s net tax
liability or refund on account of G.S.T. and/or H.S.T.;
	 
	 	(g)	 	All costs and expenses incurred as a result of the negligent acts or omissions of the
Landlord or those for whom it is in law responsible;
	 
	 	(h)	 	All costs and expenses of all replacements to the structure of the Building
including, without limitation, the foundation, exterior wall assemblies including
weather walls, roof, subfloor, bearing walls and structural columsn and beams
of the Building;
	 
	 	(i)	 	All fines, suits, claims, demands, actions, costs, charges, and expenses of any
kind or nature made necessary by the Landord’s non-compliance with
governing codes, by-laws, regulations, and ordinances relating to the Building;
	 
	 	(j)	 	The costs and expenses incurred with respect to the initial acquisition, development or
construction of the Building or any expansion thereof; and,
	 
	 	(k)	 	Mortgage payments and mortgage interest payments.

 

 

	 	(I)	 	It is understood and agreed that the Tenant shall be responsible only for its proportionate
share of capital repairs and replacements determined in accordance with sound accounting
principles consistently applied, such costs, if appropriate in the circumstances as determined
by the Landlord’s accountants, acting reasonably, to be amortized according to sound accounting
principles.

	5.	 	Use
	 
	 	 	As per the existing
Lease.

	6.	 	Parking
	 
	 	 	The Tenant shall continue to lease fifteen (15) unreserved, underground parking spaces at 555
Richmond Street West which are currently $110.00 per month per space plus applicable taxes. On the
first (1st) day of the second (2nd) month following the month during which
the Sublease Agreement is executed, the Tenant shall be provided an additional thirty (30)
reserved, surface parking spaces in the east lot of the Building (off of Portland Street) at the
current rate of $110.00 per month per space plus applicable taxes. The prevailing rate for parking
shall change from time-to-time but such change on a cumulative basis, shall not exceed annual
“market” percentage increases. The Tenant shall have the right, with thirty (30) days written
notice to the Landlord, to decrease the number of monthly parking spaces.
	 
	 	 	The reserved surface parking spaces shall be dedicated exclusively to the Tenant from 7:00 a.m. to
7:00 p.m. on weekdays (“Regular Parking Hours”) and will not require the Tenant, its employees or
guests to provide keys to the parking lot attendant(s). The Tenant shall be responsible for
policing its reserved parking spaces during Regular Parking Hours however, the Landlord, with the
cooperation of the Tenant, shall employ a commercially reasonable system to ensure that no cars are
parked in the Tenant’s reserved parking spaces at the start of Regular Parking Hours.
	 
	 	 	It is understood and agreed that the Landlord may contract out the parking lot to a third-party
outside of regular business hours and that the Landlord and the Tenant shall work together, both
acting reasonably, to agree on procedures to allow for casual parking by employees of the Tenant,
at no cost, outside of regular business hours. The Landlord shall, at the Landlord’s cost,
re-stripe the parking lines and number the parking spaces prior to the Tenant being provided the
additional thirty(30) surface parking spaces.
	 
	7.	 	Leasehold Improvement Allowance
	 
	 	 	The Landlord will pay to the Tenant, as a contribution towards the cost of approved leasehold
improvements, such approval not to be unreasonably withheld or delayed, installed by or on behalf
of the Tenant, the sum of:

 

 

	 	(i)	 	Twenty Five Dollars ($25.00) per square foot of Rentable Area for the Premises plus applicable Goods and Services Tax (GST) and Harmonized
Sales Tax (HST) in the case of Minimum Rent, Option 1 above; or
	 
	 	(ii)	 	Twenty Dollars ($20.00) per square foot of Rentable Area for the Premises
plus applicable Goods and Services Tax (GST) and Harmonized Sales Tax (HST) in the case of Minimum Rent, Option 2 above.

	 	 	 	Such contribution shall be payable on a one-time basis to the Tenant when the said
leasehold improvements have been installed and paid for by the Tenant, the Tenant has
furnished evidence satisfactory to the Landlord of such installation and payment, and the
Lease Term has commenced, all as more particularly set out in the final Lease Amending
Agreement. Should the Tenant’s aggregate leasehold improvement cost be less than the
Leasehold Improvement Allowance, the difference will be applied against the Minimum Rent
due, amortized on an equal monthly basis throughout the Term with interest at a rate of
9.5% per annum calculated annually.

	 	8.	 	Landlord’s Work
	 
	 	 	 	The Landlord shall, at its cost and expense within Twenty One (21) days of execution of
the Lease Amending Agreement by the Parties or such other schedule agreed upon by
Landlord and Tenant in order to minimize disruption to the Tenant’s employees, complete
the work to the Expansion Premises as per attached Schedule “B” (the “Landlord’s Work”).
The Landlord shall complete the Landlord’s Work diligently, expeditiously and in a good
and workmanlike manner and all such work shall be performed in accordance with the provisions of the Lease and good construction practices
by competent contractors and in compliance with all current, relevant and applicable
municipal and provincial building codes, laws, by-laws, and regulations.

	 	9.	 	Fixturing Period
	 
	 	 	 	During the period following completion of the Landlord’s Work and until the Commencement
Date, the Tenant will be permitted to have occupancy of the Expansion Premises to
complete the Tenant’s Work, and during this period, the Tenant shall be bound by all the
provisions of the Lease save those requiring the payment of Minimum Rent and the Tenant’s
share of Realty Taxes, Operating Costs and Utility Charges.
	 
	 	10.	 	No Representations
	 
	 	 	 	There are no covenants, representations, agreements, warranties or conditions in any way
relating to the subject matter of this agreement expressed or implied, collateral or
otherwise, except as expressly set forth herein.

 

 

	 	11.	 	Right of First Refusal
	 
	 	 	 	Provided the Tenant is not in default under the Lease, then subordinate to any existing
rights of other tenants in the Building as of the date of unconditional acceptance of
this Agreement, the Tenant will have a right of first refusal (the “Right of First
Refusal”) on any office space on the main and second (2nd) floors of the
Building having a rentable area greater than two thousand five hundred (2,500) rentable
square feet that come available from time to time (the “RFR Space”). If at any time
during the term of this Lease the Landlord receives from a third party an offer to lease
that incorporates all or part of the RFR space which the Landlord is prepared to accept
(the “Third Party Offer”), the Landlord shall offer the RFR space to the Tenant, in
writing, at the terms and conditions of the Third Party Offer in its entirety, including
without limitation the lease of space that is not RFR space, with the exception of the
following:

	 	i)	 	In the event the party submitting the Third Party Offer is substantially
more creditworthy than the Tenant, then any upfront allowances or inducements
may not be granted to the Tenant provided that in such an event the Minimum
Rent payable by the Tenant shall be discounted on a pro-rata basis.

	 	 	 	The Tenant will have five (5) business days following receipt of the terms for the Third
Party Offer to advise the Landlord of its acceptance or refusal of the Landlord’s offer.
If the Tenant does not exercise its Right of First Refusal and thereafter if the Landlord
does not enter into a lease with the new tenant based on the terms and provisions of the
Third Party Offer within sixty (60) days after notice is provided to the Tenant then the
Tenant’s Right of First Refusal will be in full force and effect. If the Tenant does not exercise its Right of First Refusal and thereafter the Landlord enters into a lease with a
new tenant based on the terms and provisions of the Third Party Offer within sixty (60)
days after notice is provided to the Tenant, then the Tenant’s Right of First Refusal with
respect to the Third Party Offer space will be null and void and of no further force or
effect. However, the Right of First Refusal shall continue to be in effect for the
remaingin RFR Space. The Provisions of this Right of First Refusal are personal to the
Tenant.

	 	12.	 	Swing Space
	 
	 	 	 	As requested by the Tenant, the Landlord shall provide the Tenant with access to the
Expansion Premises, Suite 217 (3,686 sf), and Suite 228 (726 sf) in the Building
(hereafter referred to collectively as the “Swing Space”), all as shown on Schedule “A-1”,
to facilitate the construction of Tenant’s leasehold improvements within the Premises,
commencing the later of May 8, 2010 or Seven (7) days following execution of the Lease
Amending Agreement as provided for herein until December 31, 2010. The Tenant shall be
responsible for observing all terms and provisions of the Lease while in occupancy of the
Swing Space save for the payment of

 

 

	 	 	 	Minimum Rent and its share of Realty Taxes, Operating Costs and Utility Charges and the
Swing Space shall be delivered in a clean, vacant ‘broom swept’ condition with working
lighting to meet base building standards. The Tenant shall vacate the Swing Space in a
clean, vacant ‘broom swept’ condition upon completion of its construction. In the event
the Tenant has a bonafide requirement for additional swing space, the Landlord will use
its best commercial efforts to provide the Tenant with additional space in the Building,
on similar terms, at no cost to the Tenant.

	 	13.	 	Restoration
	 
	 	 	 	The Tenant’s rights and obligations with respect to restoration of the Leased Premises at
the expiry of the Term or any permitted extension thereof are set out in Section 33(b) of
the Lease save and except that the Tenant shall not be responsible for removing those
leasehold improvements installed in the Leased Premises prior to April 12, 2010 with the
exception that the Tenant shall be responsible for the cost of the Landlord’s removal of
the internal stairway connecting Suite 214 and Suite 107 and the returning the affected
areas to more or less the condition they were in prior to installation of such staircase,
such obligation surviving expiration of the Term.
	 
	 	14.	 	Time of Essence
	 
	 	 	 	Time shall be of the essence of this agreement and the transactions contemplated herein,
provided that the time for doing or completing any matter herein may be amended by an
agreement in writing signed by both parties.
	 
	 	15.	 	Definitions
	 
	 	 	 	Words defined in the Offer and used herein shall have the same meaning ascribed to them by
the Lease.
	 
	 	16.	 	Waiver to Agent
	 
	 	 	 	The parties to this agreement acknowledge that the agents have recommended that they
obtain advice from their legal Counsel prior to signing this document. The parties further
acknowledge that the information provided by the agents is not legal, accounting,
environmental or tax advice, and the parties are cautioned not to rely on any such
information without seeking specific legal, accounting, environmental or tax advice with
respect to their unique circumstances.
	 
	 	17.	 	Lease Amending Agreement
	 
	 	 	 	The existing Lease shall be amended to include the terms of this Offer in a lease amending
agreement (the “Lease Amending Agreement”). The Lease Amending Agreement shall be prepared
and delivered by the Landlord to the Tenant within Ten (10) business days after
unconditional acceptance of the Offer. The Tenant has not yet reviewed the Lease Amending
Agreement and the Landlord and Tenant agree that the Lease Amending Agreement may be
subject to amendments as agreed to by both the Landlord and Tenant or their respective
solicitors, acting reasonably. The Landlord and Tenant shall use their respective best
efforts to

 

 

	 	 	 	execute the Lease Amending Agreement within Ten (10) business days from the date of
delivery of Lease Amending Agreement to the Tenant. In all other respects, the terms,
covenants and conditions shall remain unchanged and in full force and effect, except as
modified by the Lease Amending Agreement. Any reference to the Term of the Lease shall be
deemed to refer to the Amended Term.

	 	18.	 	Tenant’s Work
	 
	 	 	 	The Premises are leased “As Is” and any alterations shall be subject to the Tenant
obtaining the approval of the local Municipal authority and the Landlord, as required, at
the Tenant’s cost, such approval from the Landlord not to be unreasonably withheld or
delayed, all as further defined in the Lease.
	 
	 	19.	 	GST/HST
	 
	 	 	 	All amounts referred to in this Offer are quoted without the Goods and Services Tax and
the Harmonized Sales Tax and such taxes shall be in addition to costs quoted.
	 
	 	20.	 	Agency Disclosure
	 
	 	 	 	A selling commission will be paid to Colliers Macaulay Nicolls (Ontario) Inc. by the
Landlord. It is understood and agreed that Colliers Macaulay Nicolls (Ontario) Inc. is
working on the Tenant’s behalf and as such owes a fiduciary responsibility to the Tenant.

	 	21.	 	Option to Extend
	 
	 	 	 	If,

(a) The Tenant pays the Rent (including Minimum Rent and Additional Rent) as and when
due and punctually observes and performs the terms, covenants and conditions to be observed
and performed by it in accordance with the terms of the Lease;

(b)
The Tenant is not in default under the Lease;

(c)
The Tenant gives the Landlord not less than Nine (9) months and not more than Eighteen (18) months written notice prior to the expiration of the Term of this Lease of the Tenant’s
intention to extend the Term of the Lease; and

(d)
So long as the Tenant is Eloqua Corporation or a permitted
Transferee, defined as:

(i)
A holding body corporate, a subsidiary body corporate or affiliated body corporate (as those terms are defined as of the date of this Offer pursuant
to The Canada Business Corporations Act) of the Tenant;

(ii)
 A corporation formed as a result of a merger or amalgamation involving the Tenant with another corporation or corporations; or

 

 

	 	(iii)	 	A purchaser, whether by acquisition of shares or assets, of all or a
majority of the Tenant’s business and/or assets.

	 	 	 	and itself in occupation and conducting business in the Leased Premises in accordance with
the terms of the Lease, the Tenant expressly acknowledging and agreeing that the provisions
of this section are personal to the Tenant or a permitted Transferee, then the Landlord will
grant to the Tenant the right to extend the Term of this Lease upon the expiry of the
initial Term for a period of Five (5) years (the “Extended Term”) upon the same terms and
conditions as set out in the Lease except that:

	 	i)	 	The Landlord may at its option require the Tenant to enter into an Extension Agreement, as prepared by the Landlord at the Tenant’s
expense to give effect to the Extended Term; and
	 
	 	ii)	 	The Minimum Rent payable during each year of the Extended Term shall be based on the fair market rent, all economic factors considered, for
comparable premises (including comparable leasehold improvements), in comparable buildings, in the same neighbourhood, Nine (9) months prior to expiration of the Term. For the purpose of this clause 555 and 543
Richmond Street West are deemed to be comparable buildings. Failing agreement as to the fair market rent, such rent shall be determined by an
arbitrator agreed on by the parties both acting reasonably, such arbitrator employing baseball style/final offer arbirtration whereby each party
submits a final offer and the arbitrator selects one of the two offers to which the parties will be bound.

	 	22.	 	Tenant Conditions
	 
	 	 	 	This Offer shall be conditional for five (5) days following acceptance of this Offer upon
the Tenant reviewing and approving the terms of this Offer.

	 	 	 	This condition is for the sole benefit of the Tenant and the Tenant may approve this
condition, in its sole and unfettered discretion, by giving notice in writing to the
Landlord, or its agent, at any time prior to the expiration of the above mentioned five (5)
days, failing which, this Offer shall be null and void.

	 	23.	 	Landlord Condition
	 
	 	 	 	This Offer is subject to the Landlord, at its sole discretion, satisfying itself with
respect to the Tenant’s financial strength, creditworthiness and corporate standing within
Five (5) business days of receiving pertinent financial and corporate information requested
by the Landlord from the Tenant, which the Tenant hereby agrees to provide to the Landlord
forthwith, upon conditional acceptance of this Offer. Without limiting the generality of the
foregoing, the Tenant shall provide the

 

 

	 	 	 	Landlord, after conditional acceptance of this Offer, with its most recent audited
finanical statements and any unaudited financial statements perpared in the interim.
	 
	 	 	 	This subject condition is for the sole benefit of the Landlord and may be waived by them at
any time within the time periods specified, by delivery of written notice to the Tenant as
set out herein, waiving this subject condition. Should this subject condition not be waived
within the time periods specified, then this Offer shall be considered null and void. The
Tenant is hereby notified that a Consumer Report containing credit and/or personal
information may be referred to in connection with this transaction.

	 	24.	 	Mutatis Mutandis
	 
	 	 	 	All other terms, conditions and rights in the Tenant’s existing Lease, except for these
explicitly amended herein, shall be in full force and effect throughout the Amended Term.
	 
	 	25.	 	Relocation
	 
	 	 	 	The Lease Amending Agreement resulting from this Offer to Lease shall contain a clause
restricting the Landlord from relocating the Tenant from any part of the Premises prior to
the expiry of the Lease Term or any extension thereof save as may be provided for in the
Lease as a result of fire or other damage to the Leased Premises and/or Building.
	 
	 	26.	 	Sale/Demolition
	 
	 	 	 	The Landlord acknowledges and agrees that there will be no demolition clause giving the
Landlord the right to demolish the Building or terminate the Lease for demolition or
redevelopment of the Building during the Lease Term or extension thereof.
	 
	 	27.	 	Card Reader
	 
	 	 	 	Provided it does not adversely effect the Landlord’s card reader system installed at the
entrance to 555 Richmond Street West, the Landlord hereby consents to the Tenant and the
Tenant’s security company (ADT Security) installing a card reader, compatible with the
Tenant’s office security system, at the main building entrance of 555 Richmond Street West which permits access to the Building. The installation of such card reader
system shall be strictly subject to the Landlord’s approval of plans, specifications and
contractors, all as more particularly set out in the Lease. The
	 
	 	28.	 	Building Services
	 
	 	 	 	The Landlord will ensure that the on-going maintenance of the Building will be completed in
a timely manner. Specifically the Landlord shall address the following issues in the
following timeframes:

	 	•	 	Plumbing issues — overflows in washrooms, any type of flooding — immediately

 

 

	 	•	 	Ballast replacement issues for lights — within 2 days (depending on location)
	 
	 	•	 	Heat and air condition issues — within 1 hour
	 
	 	•	 	Rodent issues — 24 hours

	 	 	 	charges for the cabling, labor and material shall be an allowable expense included in the
Leashold Improvement Allowance. Notwithstanding anything to the contrary contained herein or
in the Lease, the Tenant shall be responsible for removal of the card reader system at the
expiration of the Term, if requested by the Landlord.

	 	29.	 	Time for Acceptance
	 
	 	 	 	This Offer shall be irrevocable by the Landlord and open for acceptance by the Tenant until
5:00 p.m. on the 19th day of April 2010 after which time, if not accepted, this
Offer shall be null and void.

Acceptance of this Offer may be communicated by facsimile transmission of an accepted Offer or by
delivery of such facsimile without limiting other methods of communicating acceptance available to
the parties.

Dated at
_____ this ___ day of ___ , 2010.

	 	 	 	 	 	 	 

	 	 	674951 ONTARIO LIMITED
	 
	 	 	 	 	 	 
	 

	 	Per:	 	/s/ Rena Miller	 	 
	
	 	 	 	 

Rena Miller, Property Manager
	 	 

We hereby agree that the above correctly sets forth the terms of our agreement and undertake to
carry out the provisions thereof.

Dated at
14:00 this 14 day of April, 2010.

	 	 	 	 	 	 	 

	 	 	ELOQUA CORPORATION
	 
	 	 	 	 	 	 
	 

	 	Per:	 	/s/ Joseph P. Payne	 	 
	 

	 	Name/Title:
	 	 

Joseph P. Payne
	 	 

 

 

Schedule “A”

 

 

Schedule A-1

 

 

Schedule “B”

LANDLORD’S WORK

The Landlord will, at its own expense, complete the following work in the Expansion Premises within
Twenty One (21) days of execution of the Lease Amending Agreement by the Parties or such other
schedule agreed upon by Landlord and Tenant in order to minimize disruption to the Tenant’s
employees:

	1)	 	Demolish and/or construct the/a demising wall between the Existing Premises and the Expansion
Premises, as requested and indicated by the Tenant and repair or replace t-bar ceiling and
tiles, where applicable, if damaged by such demolition/construction;
	 
	2)	 	Replace all burnt out lighting;
	 
	3)	 	Ensure all electrical and HVAC systems in the Expansion Premises are in good and working
order;
	 
	4)	 	Remove all debris, and deliver the Expansion Premises in a clean, broomswept manner.

 

 

PARKING AGREEMENT

THIS AGREEMENT MADE the 4th day of June 2010

BETWEEN:

674951 ONTARIO LIMITED

(hereinafter
referred to as the “Licensee”)

OF THE FIRST PART

- and -

ELOQUA CORPORATION

(hereinafter referred to as the “Licensee”)

OF THE SECOND PART

          WHEREAS
the Licensor and the Licensee have entered into a lease dated the 10TH day of February,
2005 and subsequent extension and amending agreements (hereinafter referred to as the “Lease”)
pursuant to which the Licensor leased to the Licensee certain premises as described therein in the
Building.

          AND WHEREAS the Licensee is desirous of securing a licence to use indoor parking spaces in the
underground of 555 Richmond Street West (“the 555 Spaces”) and outdoor parking spaces in the
surface cast lot of 543 Richmond Street West (on Portland Street) (“the 543 Spaces”) and
collectively (the “Parking Spaces”).

          AND WHEREAS all capitalized terms used in this Parking Agreement shall have the meanings
assigned to them in the Lease unless otherwise defined.

          NOW WITNESSETH THEREFOR that in consideration of the fees, covenants, and agreements herein
contained, the sum of Two Dollars ($2.00) paid by each party to the other (the receipt and
sufficiency of which is hereby acknowledged) and for other good and valuable consideration, the
parties hereto covenant and agree as follows:

Licence

	1.	 	Provided the Licensee is not in default under the Lease, the Licensor grants a licence to the
Licensee during the Term and all renewals and extensions, for so long as the Licensee is in
possession of the entire Leased Premises, permitting the Licensee to use fifteen (15)
unreserved 555 Spaces and thirty (30) reserved 543 Spaces to be designated by the Licensor.
The reserved 543 Spaces shall be dedicated exclusively to the Licensee from 7:00 a.m. to 7:00
p.m. on weekdays other than statutory holidays (“Regular Parking Hours”) and will not require
the Licensee, its employees or guests to provide keys to the parking lot attendant(s). The
Licensee shall be responsible for policing its 543 Spaces during Regular Parking Hours,
however, the Licensor, with the cooperation of the Licensee, shall employ a commercially
reasonable system to ensure that no cars are parked in the Licensee’s 543 Spaces at the start
of Regular Parking Hours.

Fee

	2.	 	From and after the 1st day of August, 2010, the Licensee shall pay to the Licensor (or to the
parking operator or such other Person if the Licensor so directs) throughout the Term for each
such parking space $110 per month per space until October 30, 2012, $120 per month per space
from November 1, 2012 to October 30, 2013 and $130 per month per space from November 1, 2013
until the end of the Term (all rates exclude applicable taxes), (the “Parking Fee”). In
addition, the Licensee shall be responsible for the cost of the garage access card for cach of
the 555 Spaces and any subsequent replacements necessitated by loss, theft, damage or any
reason whatsoever.

 

 

Payment

	3.	 	The Parking Fee payable pursuant to this Agreement shall be paid monthly in advance on the
first day of each and every month throughout the Term, and the non-payment thereof shall be
treated as non-payment of Rent under the Lease.

Default

	4.	 	A Default under this Agreement shall also constitute a default under the Lease, and a default
under the Lease shall also constitute a default under this Agreement. If the Lease shall
expire or is terminated, this Agreement shall thereupon automatically be deemed to be
terminated. Lor the purposes of this Agreement. “Default” means:

	 	(i)	 	if the Licensee fails to pay the Parking Fee on the day or
dates appointed for the payment thereof (provided that the Licensor first gives
three (3) business days’ written notice to the Licensee of any such failure):
or
	 
	 	(ii)	 	the Licensee fails to observe or perform any other of the
terms, covenants or conditions of this Agreement to be observed or performed by
the Licensee provided the Licensor first gives the Licensee ten (10) business
days’ written notice of any such failure to perform and the Licensee within
such period of ten (10) business days fails to commence diligently and
thereafter to proceed diligently to cure any such failure to perform.

Additional Provisions

	5.	 	It is understood and agreed that the use of the Parking Spaces by the Licensee is subject to
and qualified by the following provisions:

	 	(a)	 	the Parking Spaces are for the use of one (1) vehicle per space by the Licensee:
	 
	 	(b)	 	the use of the Parking Spaces shall be restricted to the Licensee’s employees
or guests visiting the Licensee for the purpose of business:
	 
	 	(c)	 	the Licensee shall not be entitled to assign, sublicense or part with
possession of its right to use any or all of the said Parking Spaces:
	 
	 	(d)	 	subject to the terms of this Agreement, the Licensee’s use of the Parking
Spaces shall be subject to all reasonable rules and regulations established from time
to time by the Licensor or the operator, as the case may be, from time to time:
	 
	 	(e)	 	subject to the terms of this Agreement, the use by the Licensee of the
Parking Spaces is subject to the exclusive control of the Licensor:
	 
	 	(f)	 	the Licensee agrees to indemnify the Licensor (collectively the “Owners”)
against all liability, claims, damages or expenses due to or arising out of any action
or omission or neglect by the Licensee, its agents, servants, invitees, assignees or
licensees on or about the Parking Spaces or due to or arising out of any breach by the
Licensee or anyone who by law the Licensee is responsible for, of the provisions of
this Agreement or any rules or regulations established from time to time by the
Licensor or by the parking operator:
	 
	 	(g)	 	the Licensee shall use the Parking Spaces at its sole risk and the Owners
will not be liable for any loss, injury or damage caused to persons using the Parking
Spaces or to automobiles or their contents or any other property, the responsibility
for insuring against any such loss, injury or damage being that of the Licensee who
hereby waives on behalf of itself and its insurers any rights of subrogation against
the Owners:
	 
	 	(h)	 	the Licensee shall pay to the Licensor (or to the parking operator or such
other Person if the Licensor so directs) the current replacement fee at that time for
each and every access card that is lost or misplaced or damaged:
	 
	 	(i)	 	it is understood and agreed that the Licensor may contract out the management
of the Parking Spaces to a third parly outside of Regular Parking Hours and that the
Licensor and the Licensee shall work together, both acting reasonably, to agree on
procedures to allow for casual parking for work purposes by employees of the Licensee.
at no cost, outside of Regular Parking Hours;

- 2 -

 

	 	(j)	 	the Licensor shall, at the Licensor’s cost, re-slripe the parking lines
and number the Parking Spaces prior to August 1, 2010.

Successors and Assigns

	6.	 	All rights and liabilities herein granted to, or imposed upon the respective parlies hereto,
extend to and bind the successors and assigns of the Licensor and the heirs, executors,
administrators and permitted successors and assigns of the Licensee, as the case may be. No
rights, however, shall enure to the benefit of any assignee of the Licensee unless the
assignment to such assignee has been consented to by the Licensor in writing. If there is more
than one Licensee, they are all bound jointly and severally by the terms, covenants and
conditions herein. Notwithstanding any assignment by the Licensee permitted herein or the
person making payment of the Parking Fees contemplated herein, the Licensee shall not be
released from performing any of the terms of this Agreement.

IN WITNESS WHEREOF the parties hereto have executed this Agreement.

	 	 	 	 	 
	 	674951 ONTARIO LIMITED
 	 
	 	               (Licensor)

 	 
	 	Per:  	/s/ Rena Miller
 	 
	 	 	Rena Miller, Property Monager 	 
	 	 	 	 
	 
	 	 	 
	 	Per:  	/s/ Robert Carsley
 	 
	 	 	Robert Carsley, President 	 
	 	 	 	 
	 
	 	ELOQUA CORPORATION
 	 
	 	           (Licensee)

 	 
	 	Per:  	/s/ Donald E. Clarke
 	 
	 	  	Authorized
Signing Officer
 	 
	 	Name:  	Donald E. Clarke
 	 
	 	Title:  	CFO
 	 

- 3 -

 

	 	 	 	 	 

LEASE EXTENSION & AMENDING AGREEMENT

THIS AGREEMENT made this 18th day of May, 2010.

B E T W E E N:

674951 ONTARIO LIMITED

(the “Landlord”)

 – and –

ELOQUA CORPORATION

(the “Tenant”)

WHEREAS:

A. By a Lease dated the 10th day of February, 2005 (the “Lease”), the Landlord leased to
Eloqua Corporation, for a term (the “Term”) of five (5) years commencing on the 1st day of
November, 2005, and expiring on the 31st day of October, 2010, certain premises (the “Leased
Premises”) known as Suite No. 214, comprising an area of approximately Twelve Thousand Six Hundred
Ninety Five (12,695) rentable square feet shown outlined in red on the plan attached to the Lease
as Schedule “A”, and located on the Second (2nd) floor of the building (the “Building”)
known municipally as 543 Richmond Street West in the City of Toronto, in the Province of Ontario.

B. By way of a Lease Amending Agreement dated February 13, 2006, the Tenant leased from the
Landlord Suite 215 encompassing approximately Six Thousand and Twelve (6,012) square feet of
rentable area on the 2nd floor of 543 Richmond Street West (“Suite 215”) and Suite 215
was incorporated into the Leased Premises effective on September 1, 2006;

C. By way of a Lease Amending Agreement dated May 22, 2007, the Tenant leased from the Landlord
Suite 107 encompassing approximately Ten Thousand Nine Hundred Seventeen (10,917) square feet of
rentable are on the 1st floor of 543 Richmond Street West (“Suite 107”) and Suite 107
was incorporated into the Leased Premises effective on October 6, 2007; and

D. The parties hereto have agreed to incorporate Suite 201 and Suite 203 in the Building into the
Leased Premises and to extend the Term of the Lease upon the terms and provisions set out
hereunder.

     NOW THEREFORE THIS AGREEMENT WITNESSETH that in consideration of the mutual promises
hereinafter set forth and other good and valuable consideration, the receipt and sufficiency of
which by each of the parties hereto acknowledged, the parties hereto agree as follows:

1. Term: The Term of the Lease is hereby extended for a period of Five (5) years from
November 1, 2010 through October 31, 2015 (the “Extended Term”) upon the same terms and conditions
as are contained in the Lease save and except as amended by this Agreement.

The Tenant shall continue in occupancy of Suite 214, Suite 215 and Suite 107 (collectively the
“Existing Premises”) on an “as is” basis and any alterations to the Existing Premises shall be at
the Tenant’s cost and in accordance with the terms and provisions as further defined in the Lease.

2. Expansion Space: Effective on November 1, 2010 Suite 201 and Suite 203 encompassing
approximately Four Thousand Seventy Seven (4,077) rentable square feet on the 2nd floor
of the Building as shown outlined in red on the floor plan attached hereto as Schedule “A” (“Suite
201/203”) shall be incorporated into and form part of the Leased Premises as defined in the Lease.

	 	(a)	 	Except as specifically provided for in Schedule “B” attached hereto, the Tenant shall
accept Suite 201/203 in an “as-is where-is” condition and acknowledges that existing
leasehold improvements in Suite 201/203 have been subjected to
the wear and tear of

 1

 

	 	 	 	prior
occupants. The Landlord has no responsibility or liability for making any renovations,
alterations or improvements in or to Suite 201/203 except as specifically provided for in
Schedule “B” attached hereto; and
	 
	 	(b)	 	All further renovations, alterations or improvements in or to Suite 201/203 are the
sole responsibility of the Tenant and shall be undertaken and completed at the Tenant’s
expense and strictly in accordance with the provisions of the Lease. Without limiting the
generality of the foregoing, the Tenant shall not commence any work in Suite 201/203
without the Landlord’s prior written approval of plans, specifications and the Tenant’s
selection of contractors, such approval from the Landlord not to be unreasonably withheld
or delayed, all as more particularly set out in the Lease.

3. Mimimum Rent: Minimum Rent payable by the Tenant during the Extended Term shall be
calculated based on the option set out in Subsection 3(i) or 3(ii) below selected by the Tenant by
way of written notification to the Landlord by no later than June 15, 2010:

	 	i)	 	OPTION 1
	 
	 	 	 	Seventeen Dollars and Twenty Cents ($17.20) per square foot of rentable area of the
Leased Premises per annum based on the Leasehold Improvement Allowance set out in Section
4(i) below.
	 
	 	ii)	 	OPTION 2
	 
	 	 	 	Fifteen Dollars and Sixty Cents ($15.60) per square foot of rentable area of the Leased
Premises per annum based on the Leasehold Improvement Allowance set out in Section 4(ii)
below.

4. Leasehold Improvement Allowance: The Landlord will pay to the Tenant, as a contribution
towards the cost of approved leasehold improvements installed by or on behalf of the Tenant, such
approval not to be unreasonably withheld or delayed, the sum of:

	 	(i)	 	Twenty Five Dollars ($25.00) per square foot of rentable area of the Leased
Premises plus applicable Harmonized Sales Tax (HST) in the case the Tenant selects
Minimum Rent Option 1 above (i.e. Subsection 3(i)); or
	 
	 	(ii)	 	Twenty Dollars ($20.00) per square foot of rentable area of the Leased Premises
plus applicable Harmonized Sales Tax (HST) in case the Tenant selects Minimum Rent
Option 2 above (i.e. Subsection 3(ii)).

Should the Tenant’s aggregate leasehold improvement cost be less than the Leasehold Improvement
Allowance, the difference will be applied against the Minimum Rent due, amortized on an equal
monthly basis throughout the Term with interest at a rate of 9.5% per annum calculated annually.

The Leasehold Improvement Allowance shall be payable on a one-time basis to the Tenant when the
said leasehold improvements have been installed and paid for by the Tenant, the Tenant has
furnished evidence satisfactory to the Landlord of such installation and payment, and the Lease
Term has commenced, all as more particularly set out in Schedule “C” attached hereto.

5. Letter of Credit: The Tenant hereby agrees to provide the Landlord, within ten (10)
business days of execution of this Agreement and in exchange for any existing letters of credit
issued in favour of the Landlord, an Irrevocable Standby Letter of Credit (the “Letter of Credit”)
drawn through one of the Five (5) largest Canadian Chartered banks, in a form acceptable to the
Landlord , incorporating terms as set out in Rider A subparagraph b of the current Lease between
the parties, save that the such Letter of Credit shall be in the amount of the last month’s
estimated gross rent plus HST payable under the Extended Term and such Letter of Credit shall not
diminish in amount but its full amount shall be in place throughout the Extended Term, as a
security deposit, to assure the Tenant’s performance of its obligations pursuant to the terms of
the Lease as extended. The Letter of Credit will replace and substitute any existing letter of
credit issued in favour of the Landlord.

6. Additional Rent: It is understood and agreed that notwithstanding anything to the
contrary in the Lease. The following items shall not be included in Operating Costs:

	 	(a)	 	All amounts which otherwise would be included in Operating Costs which are
chargeable by the Landlord to other tenants;
	 
	 	(b)	 	Such of the Operating Costs as are recovered from insurance proceeds,
warranties or guarantees, to the extent such recovery represents reimbursements for
costs previously included in Operating Costs;

2

 

	 	(c)	 	Interest on debt and capital retirement of debt;
	 
	 	(d)	 	Commissions and other expenses payable in connection with the marketing and
leasing of the Building including the cost of any leasehold improvement allowance or
other inducement paid to tenants of the Building;
	 
	 	(e)	 	The amount of any goods and services tax (“G.S.T.”) and/or harmonized sales tax
(“H.S.T.”) paid or payable by the Landlord on the purchase of goods and services
including in Operating Costs which may be available to the Landlord as a credit in
determining the Landlord’s net tax liability or refund on account of G.S.T. and/or
H.S.T.;
	 
	 	(f)	 	All costs and expenses incurred as a result of the gross negligent acts or
omissions of the Landlord or those for whom it is in law responsible;
	 
	 	(g)	 	All costs and expenses of replacements to the major structural elements of the
Building including the foundation, exterior wall assemblies including weather walls,
subfloor, bearing walls and structural columns and beams, but excluding the roof and
related components;
	 
	 	(h)	 	All fines, suits, claims, demands, actions, costs, charges, and expenses of any
kind or nature made necessary by the Landlord’s non-compliance with governing codes,
by-laws, regulations, and ordinances relating to the Building;
	 
	 	(i)	 	The costs and expenses incurred with respect to the initial acquisition,
development or construction of the Building or any expansion thereof; and,
	 
	 	(j)	 	Mortgage payments and mortgage interest payments.
	 
	 	(k)	 	It is understood and agreed that the Tenant shall be responsible only for its
proportionate share of capital repairs and replacements determined in accordance with
sound accounting principles consistently applied, such costs, if appropriate in the
circumstances as determined by the Landlord’s accountants, acting reasonably, to be
amortized according to sound accounting principles. Without limiting the generality of
the foregoing, the Tenant shall not be responsible for any cost attributable to the
replacement of the Building’s roof and related components, where the Tenant’s
proportionate share of such cost exceeds Fifteen Cents ($0.15) per rentable square foot
of the area of the Leased Premises per annum.

7. Measurement: The final rentable area of the Leased Premises shall be subject to
adjustment, and the Lease amended to reflect such adjustment, if required, based on the actual
rentable area as determined by the Landlord’s space planning architect in accordance with the
measurement standards set out in the Lease. The Landlord’s space planning architect’s certificate
of final measurement shall be delivered to the Tenant prior to the November 1, 2010. The Leased
Premises is approximately 33,701 square feet of rentable area and the Tenant’s “proportionate
share” is approximately 29.14%.

8. Fixturinq Period: Following execution of this Agreement and completion of the Landlord’s
Work set out in Schedule “B” attached hereto, the Tenant shall be permitted to occupy the Suite
201/203 for the purpose of completing its leasehold improvements, and thereafter to conduct its
business, provided it shall comply with and abide by all the terms and conditions of this Agreement
and the Lease, save and except for the payment of Minimum Rent and its share of Realty Taxes,
Operating Costs and Hydro Charges. Without limiting the generality of the foregoing, the Tenant
shall ensure it complies with all covenants and obligations with respect to insurance while
occupying Suite 201/203 prior to November 1, 2010.

3 

 

9. Swing Space:The Landlord shall provide the Tenant with access to Suite 201/203, Suite
217 (3,686 rsf), and Suite 228 (726 rsf) in the Building (hereafter referred to collectively as the
“Swing Space”), all as shown outlined in red on Schedule “A-1” attached hereto, commencing Seven
(7) days following execution of this Agreement until December 31, 2010, to facilitate the
construction of Tenant’s leasehold improvements within the Leased Premises. The Tenant shall be
responsible for observing all terms and provisions of the Lease while in occupancy of the Swing
Space save for the payment of Minimum Rent and its share of Realty Taxes, Operating Costs and
Utility Charges. Without limiting the generality of the foregoing, the Tenant shall ensure it
complies with all covenants and obligations with respect to insurance while in occupancy of the
Swing Space. The Swing Space shall be delivered in a clean, vacant ‘broom swept’ condition with
existing lighting in good and working order. The Tenant shall vacate the Swing Space in a clean,
vacant ‘broom swept’ condition upon completion of its construction. In the event the Tenant has a
bonafide requirement for additional swing space, the Landlord will use its best commercial efforts
to provide the Tenant with additional space in the Building, on similar terms, at no cost to the
Tenant.

10. Card Reader: Provided it does not adversely affect the Landlord’s card reader system
installed at the entrance to 555 Richmond Street West, the Landlord hereby consents to the Tenant
and the Tenant’s security company (ADT Security) installing a card reader, compatible with the
Tenant’s office security system, at the main building entrance of 555 Richmond Street West which
permits access to the Building. The installation of such card reader system shall be strictly
subject to the Landlord’s approval of plans, specifications and contractors, all as more
particularly set out in the Lease. The charges for the cabling, labour and material shall be an
allowable expense included in the Leasehold Improvement Allowance. Notwithstanding anything to the
contrary contained herein or in the Lease, the Tenant shall be responsible for removal of the card
reader system at the expiration of the Term, if requested by the Landlord.

11. Building Services: The Landlord will use its reasonable commercial efforts to complete
the on-going maintenance of the Building in a timely manner. Specifically the Landlord shall use
its reasonable commercial efforts to address the following issues in the following approximate
timeframes:

	 	i)	 	Plumbing issues — overflows in washrooms, any type of flooding — immediately
	 
	 	ii)	 	Ballast replacement issues for lights — within 2 days (depending on location)
	 
	 	iii)	 	Heat and air condition issues — within Three (3) hours
	 
	 	iv)	 	Rodent issues — 24 hours

12. Restoration: The Tenant’s rights and obligations with respect to restoration of the
Leased Premises at the expiry of the Term or any permitted extension thereof are set out in Section
33(b) of the Lease save and except that the Tenant shall not be responsible for removing those
leasehold improvements installed in the Leased Premises prior to April
12, 2010 with the exception that the Tenant shall be responsible for the cost of the Landlord’s
removal of the internal stairway connecting Suite 214 and Suite 107 and the returning of the areas
affected by such removal to more or less the condition they were in prior to installation of such
staircase, such obligation surviving expiration of the Term.

13. HST: All amounts referred to in this Agreement are quoted without the Harmonized Sales
Tax and such tax shall be in addition to costs quoted.

14. Relocation: The Landlord shall not relocate the Tenant from any part of the Leased
Premises prior to the expiry of the Extended Term or any extension thereof.

15. Sale/Demolition: The Landlord shall not demolish the Building or terminate the Lease
for demolition or redevelopment of the Building during the Extended Term or any extension thereof.

16. Special Conditions: The following Special Conditions are set out in more detail in
Schedule “C” attached hereto and form part of this Agreement and the Lease:

	 	1.	 	Leasehold Improvement Allowance (continued)
	 
	 	2.	 	Right of First Refusal
	 
	 	3.	 	Option to Extend

	17.	 	Miscellaneous:

4 

 

	 	a.	 	The Tenant represents and warrants that it has the right, full
power and authority to agree to the amendments to the Lease, and other provisions
contained in this Agreement.
	 
	 	b.	 	The parties confirm that the terms, covenants and conditions of the
Lease remain unchanged and in full force and effect, except as modified by this
Agreement.
	 
	 	c.	 	This Agreement shall enure to the benefit of and be binding upon
the parties hereto and their respective heirs, executors, administrators,
successors and assigns, as the case may be.
	 
	 	d.	 	There are no covenants, representations, agreements, warranties or
conditions in any way relating to the subject matter of this agreement expressed
or implied, collateral or otherwise, except as expressly set forth herein.
	 
	 	e.	 	It is understood and acknowledged that this Lease Amending
Agreement and the Lease and all negotiations and discussions relating thereto are
of a confidential nature. The Tenant shall not disclose any details related
thereto to any party, save and except those required by the operation of the
Tenant’s business, to have such information.
	 
	 	f.	 	Words defined in this Agreement and used herein shall have the same
meaning ascribed to them by the Lease.
	 
	 	g.	 	Time shall be of the essence of this Agreement and the transactions
contemplated herein, provided that the time for doing or completing any matter
herein may be amended by an agreement in writing signed by both parties.

     IN WITNESS WHEREOF the Landlord has duly executed this Agreement at Toronto, this
day 10th of November, 2010.

	 	 	 	 	 	 	 	 	 	 	 

	SIGNED, SEALED AND DELIVERED	 	 	)	 	 	674951 ONTARIO LIMITED	 	 
	 

	 	 	)	 	 	 	 	 
	     in the presence of:	 	 	)	 	 	               (Landlord) 
	 	 
	 

	 	 	)	 	 	 	 	 	 	 
	 

	 	 	)	 	 	Per:
	/s/ Rena Miller	 	 
	 

	 	 	 	 	 	 	 

	 	 
	 

	 	 	)	 	 	 	Rena Miller, Property Manager	 	 
	 

	 	 	)	 	 	 	 	 	 	 
	 

	 	 	)	 	 	 	 	 	 	 
	 

	 	 	)	 	 	Per:  	/s/ Robert
Carsley	 	 
	 

	 	 	 	 	 	 	  	 	 
	 

	 	 	 	 	 	 	Robert Carsley, President 	 	 

     IN WITNESS WHEREOF the Tenant has duly executed this Agreement
at Vienna, VA this 28th day of October, 2010.

	 	 	 	 	 	 	 	 	 	 	 

	SIGNED, SEALED AND DELIVERED	 	 	)	 	 	ELOQUA CORPORATION	 	 
	 

	 	 	)	 	 	 	 	 	 	 
	     in the presence of:

	 	 	)	 	 	 	 	 	 	 
	 	 	 	)	 	 	                (Tenant)
	 	 
	 

	 	 	)	 	 	 	 	 	 	 
	 

	 	 	)	 	 	 	 	 	 	 
	 

	 	 	)	 	 	 	 	 	 	 
	 

	 	 	)	 	 	Per: 
	 /s/ Don Clark
	 	 
	 

	 	 	 	 	 	 	 	 	 
	 

	 	 	)	 	 	 	Don Clark, CFO	 	 

 5 

 

Schedule “A”

The Expansion Premises

6

 

SCHEDULE A-1

Swing Space

7

 

SCHEDULE B

Landlord’s Work

The Landlord shall, at its cost and expense within Twenty One (21) days of execution of this
Agreement by the parties hereto and delivery to the Landlord of the Tenant’s demising wall plan, or
such other schedule agreed upon by Landlord and Tenant in order to minimize disruption to the
Tenant’s employees or to allow for Suite 201/203 to be utilized as Swing Space as provided for in
Section 9 of this Agreement, complete the work to Suite 201/203 set out hereunder (the “Landlord’s Work”).
The Landlord shall complete the Landlord’s Work diligently, expeditiously and in a good and workmanlike manner and all such work shall be performed in
accordance with the provisions of the Lease and good construction practices by competent
contractors and in compliance with all current, relevant and applicable municipal and provincial
building codes, laws, by-laws, and regulations.

	1)	 	Demolish and/or construct the/a demising wall between the Existing Premises and Suite
201/203, as requested and indicated by the Tenant and repair or replace t-bar ceiling and
tiles, where applicable, if damaged by such demolition/construction;

2) Replace all burnt out lighting;

	3)	 	Ensure all electrical and HVAC systems in Suite 201/203 are in good and working order;

4) Remove all debris, and deliver Suite 201/203 in a clean, broom swept manner.

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SCHEDULE C

Special Conditions

1. Leasehold Improvement Allowance (continued from Page 2 Section 4): The
Leasehold Improvement Allowance shall be payable upon the occurrence or satisfaction of the
following:

	 	i.	 	The Tenant is in occupancy of the Leased Premises and abiding by the terms and
provisions of the Lease; and
	 
	 	ii.	 	delivery to Landlord of the following:

	 	1)	 	a statutory declaration of an officer of the contractor that has
performed the installation of the Leasehold Improvements or alteration of existing
Leasehold Improvements (the “Tenant’s Work”) that the contract under which the
Tenant’s Work was performed (the “Tenant Work Contract”) has been “completed” or
“abandoned”, as those terms are defined under the Construction Lien Act (Ontario);
and
	 
	 	2)	 	one of:

	 	(A)	 	if applicable, a certificate of substantial performance of
the Tenant Work Contract in the form prescribed in the Act, together with
evidence of the date of publication of such certificate as provided by the
Act;
	 
	 	(B)	 	declarations of last supply in the form described in the Act,
if applicable, given by officers of all the subcontractors employed by the
contractor in the performance of the Tenant’s Work;
	 
	 	(C)	 	if applicable, a certificate of completion in the form
prescribed in the Act, in respect of the subcontract of each subcontractor
employed by the contractor that has performed the Tenant’s Work, together with
evidence of delivery of a copy of such certificates of completion to each
respective subcontractor;
	 
	 	(D)	 	the expiry of the periods pursuant to the Act within which a
person who supplied services or materials in connection with the performance
of the Tenant’s Work may file a claim or lien for work or service performed or
material supplied, provided no claim for lien for work or service performed or
material supplied has been filed, or if such liens have been filed, then only
upon such liens being discharged or vacated. In connection therewith, Landlord
may require the Tenant to provide evidence by way of a solicitor’s opinion
that no liens in connection with the Tenant’s Work are registered against the
freehold or leasehold interest in the Land or Building, such opinion to be
dated the date of the Leasehold Improvement Allowance is paid to Tenant;
	 
	 	(E)	 	the delivery to Landlord of proof of payment of worker’s
compensation assessments for all Tenant’s contractors and subcontractors; and
	 
	 	(F)	 	receipted invoices, totalling not less than the Leasehold
Improvement Allowance, verifying the actual cost of installing Leasehold
Improvements in the Premises.

2. Right of First Refusal: Provided the Tenant is not in default under the Lease, then
subordinate to any existing rights of other tenants in the Building as of the date of unconditional
acceptance of this Agreement, the Tenant will have a right of first refusal (the “Right of First
Refusal”) on any office space on the main and second (2nd) floors of the Building having
a rentable area greater than two thousand five hundred (2,500) rentable square feet that come
available from time to time (the “RFR Space”). If at any time during the term of this Lease the
Landlord receives from a third party an offer to lease that incorporates all or part of the RFR
space which the Landlord is prepared to accept (the “Third Party Offer”), the Landlord shall offer
the RFR space to the Tenant, in writing, at the terms and conditions of the Third Party Offer in
its entirety, including without limitation the lease of space that is not RFR space, with the
exception of the following:

	 	i)	 	In the event the party submitting the Third Party Offer is
substantially more creditworthy than the Tenant, then any upfront allowances or
inducements may not be granted to the Tenant provided
that in such an event the Minimum Rent payable by the Tenant shall be discounted on
a pro-rata basis.

9

 

The Tenant will have five (5) business days following receipt of the terms for the Third Party
Offer to advise the Landlord of its acceptance or refusal of the Landlord’s offer. If the Tenant
does not exercise its Right of First Refusal and thereafter if the Landlord does not enter into a
lease with the new tenant based on the terms and provisions of the Third Party Offer within sixty
(60) days after notice is provided to the Tenant then the Tenant’s Right of First Refusal will be
in full force and effect. If the Tenant does not exercise its Right of First Refusal and thereafter
the Landlord enters into a lease with a new tenant based on the terms and provisions of the Third
Party Offer within sixty (60) days after notice is provided to the Tenant, then the Tenant’s Right
of First Refusal with respect to the Third Party Offer space will be null and void and of no
further force or effect. However, the Right of First Refusal shall continue to be in effect for the
remaining RFR Space. The Provisions of this Right of First Refusal are personal to the Tenant.

3. Option to Extend:

If,

(a) The Tenant pays the Rent (including Minimum Rent and Additional Rent) as and when due
and punctually observes and performs the terms, covenants and conditions to be observed and
performed by it in accordance with the terms of the Lease;

(b)
The Tenant is not in default under the Lease;

(c)
The Tenant gives the Landlord not less than Nine (9) months and not more than
Eighteen (18) months written notice prior to the expiration of the Term of this Lease
of the Tenant’s intention to extend the Extended Term of the Lease; and

(d) So long as the Tenant is Eloqua Corporation, or a Permitted Transferee as defined in
Subsection 3(e) hereunder, and itself or a Permitted Transferee is in occupation and
conducting business in the Leased Premises in accordance with the terms of the Lease, the
Tenant expressly acknowledging and agreeing that the provisions of this section are
personal to the Tenant or a permitted Transferee, then the Landlord will grant to the
Tenant the right to extend the Extended Term of this Lease upon the expiry of the Extended
Term for a period of Five (5) years (the “Further Extended Term”) upon the same terms and
conditions as set out in the Lease except that:

	 	i)	 	The Landlord may at its option require the Tenant to enter into a Further
Extension Agreement, as prepared by the Landlord at the Tenant’s expense to give
effect to the Further Extended Term; and
	 
	 	ii)	 	The Minimum Rent payable during each year of the Further Extended Term shall
be based on the fair market rent, all economic factors considered, for comparable
premises (including comparable leasehold improvements), in comparable buildings, in
the same neighbourhood, Nine (9) months prior to expiration of the Extended Term. For
the purpose of this clause 555 and 543 Richmond Street West are deemed to be
comparable buildings. Failing agreement as to the fair market rent, such rent shall be
determined by an arbitrator agreed on by the parties both acting reasonably, such
arbitrator employing baseball style/final offer arbirtration whereby each party
submits a final offer and the arbitrator selects one of the two offers to which the
parties will be bound.

	 	(e)	 	A Permitted Transferee is defined as follows:

	 	i)	 	A holding body corporate, a subsidiary body corporate or
affiliated body corporate (as those terms are defined as of the date of this
Offer pursuant to the Canada Business Corporations Act) of the Tenant;
	 
	 	ii)	 	A corporation formed as a result of a merger or amalgamation
involving the Tenant with another corporation or corporations; or
	 
	 	iii)	 	A purchaser, whether by acquisition of shares or assets, of
all or a majority of the Tenant’s business and/or assets.

10

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