Document:

Office Lease dated February 6, 2007

 EXHIBIT 10.9 
 OFFICE LEASE 
 by and between 

ALLEGANY RESEARCH PROPERTIES, LLC, as Landlord 
 and 
 INFOSPHERIX INCORPORATED, as Tenant 

 TABLE OF CONTENTS 

 

									
	Section 1.	    	Basic Definitions and Provisions	  	 	1	  
		    	1.1.	  	Definitions	  	 	1	  
		    	1.2.	  	Special Provisions	  	 	4	  
	Section 2.	    	Premises	  	 	4	  
		    	2.1.	  	Premises	  	 	4	  
		    	2.2.	  	Square Foot Determinations	  	 	5	  
		    	2.3.	  	Common Areas	  	 	5	  
	Section 3.	    	Term	  	 	5	  
		    	3.1.	  	Commencement and Expiration Dates	  	 	5	  
		    	3.2.	  	Adjustments to Commencement Date	  	 	5	  
		    	3.3.	  	Delivery of Possession	  	 	5	  
		    	3.4.	  	Adjustment of Expiration Date	  	 	6	  
		    	3.5.	  	Right to Occupy	  	 	6	  
		    	3.6.	  	Commencement Letter	  	 	6	  
	Section 4.	    	Use	  	 	6	  
		    	4.1.	  	Permitted Use	  	 	6	  
		    	4.2.	  	Prohibited Uses	  	 	6	  
		    	4.3.	  	Prohibited Equipment in Premises	  	 	7	  
	Section 5.	    	Rent	  	 	7	  
		    	5.1.	  	Payment Obligations	  	 	7	  
		    	5.2.	  	Base Rent	  	 	8	  
		    	5.3.	  	Additional Rent	  	 	8	  
		    	5.4.	  	Operating Expenses	  	 	8	  
	Section 6.	    	Security Deposit	  	 	13	  
		    	6.1	  	Amount of Deposit	  			
		    	6.2	  	Application of Deposit	  			
		    	6.3	  	Refund of Deposit	  			
	Section 7.	    	Services by Landlord	  	 
	13
	  

		    	7.1.	  	Base Services	  	 	13	  
		    	7.2.	  	Landlord’s Maintenance	  	 	14	  
		    	7.3.	  	No Abatement	  	 	14	  
		    	7.4.	  	Tenant’s Obligation to Report Defectst	  	 	14	  
	Section 8.	    	Tenant’s Acceptance and Maintenance of Premises	  	 	15	  
		    	8.1.	  	Acceptance of Premises	  	 	15	  
		    	8.2.	  	Move-In Obligations	  	 	15	  
		    	8.3.	  	Tenant’s Maintenance	  	 	15	  
		    	8.4.	  	Alterations to Premises	  	 	15	  
		    	8.5.	  	Restoration of Premises	  	 	15	  
		    	8.6.	  	Landlord’s Performance of Tenant’s Obligations	  	 	16	  
		    	8.7.	  	Construction Liens	  	 	16	  
	Section 9.	    	Property of Tenant	  	 	16	  
		    	9.1.	  	Property Taxes	  	 	16	  
		    	9.2.	  	Removal	  	 	17	  
	Section 10.	    	Signs	  	 	17	  
	Section 11.	    	Access To Premises	  	 	17	  
		    	11.1.	  	Tenant’s Access	  	 	17	  

  
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		    	11.2.	  	Landlord’s Access	  	 	17	  
		    	11.3	  	Emergency Access	  	 	18	  
	Section 12.	    	Tenant’s Compliance	  	 	18	  
		    	12.1.	  	Laws	  	 	18	  
		    	12.2.	  	Rules and Regulations	  	 	18	  
	Section 13.	    	ADA Compliance	  	 	18	  
		    	13.1.	  	Tenant’s Compliance	  	 	18	  
		    	13.2.	  	Landlord’s Compliance	  	 	18	  
		    	13.3.	  	ADA Notices	  	 	18	  
	Section 14.	    	Insurance Requirements	  	 	18	  
		    	14.1.	  	Tenant’s Liability Insurance	  	 	18	  
		    	14.2.	  	Tenant’s Property Insurance	  	 	19	  
		    	14.3.	  	Certificates of Insurance	  	 	19	  
		    	14.4.	  	Insurance Policy Requirements	  	 	19	  
		    	14.5.	  	Landlord’s Property Insurance	  	 	19	  
		    	14.6.	  	Tenant’s Obligation for payment of Property Insurance	  	 	19	  
		    	14.7.	  	Mutual Waiver of Claims and Subrogation	  	 	19	  
	Section 15.	    	Indemnity	  	 	20	  
		    	15.1.	  	Tenant Indemnity	  	 	20	  
		    	15.2.	  	Landlord Indemnity	  	 	20	  
		    	15.3.	  	Defense Obligation	  	 	20	  
		    	15.4.	  	Survival	  	 	20	  
	Section 16.	    	Quiet Enjoyment	  	 	20	  
	Section 17.	    	Subordination; Attornment; Non-Disturbance; and Estoppel Certificate	  	 	20	  
		    	17.1.	  	Subordination	  	 	20	  
		    	17.2.	  	Attornment	  	 	21	  
		    	17.3.	  	Non-Disturbance	  	 	21	  
		    	17.4.	  	Estoppel Certificates	  	 	21	  
	Section 18.	    	Assignment - Sublease	  	 	21	  
		    	18.1.	  	Landlord Consent	  	 	21	  
		    	18.2.	  	Definition of Assignment	  	 	21	  
		    	18.3.	  	Permitted Assignments/Subleases	  	 	22	  
		    	18.4.	  	Prohibited Assignments/Subleases	  	 	22	  
		    	18.5.	  	Limitation on Rights of Assignee/Sublessee	  	 	22	  
		    	18.6.	  	Tenant Not Released	  	 	22	  
		    	18.7.	  	Landlord’s Right to Collect Sublease Rents upon Tenant Default	  	 	22	  
		    	18.8.	  	Excess Rents	  	 	23	  
		    	18.9.	  	Landlord’s Fees	  	 	23	  
		    	18.10.	  	Unauthorized Assignment or Sublease	  	 	23	  
		    	18.11.	  	Limitation	  	 	23	  
	Section 19.	    	Damages To Premises	  	 	23	  
		    	19.1.	  	Landlord’s Restoration Obligations	  	 	23	  
		    	19.2.	  	Termination of Lease by Landlord	  	 	23	  
		    	19.3.	  	Termination of Lease by Tenant	  	 	23	  
		    	19.4.	  	Tenant’s Restoration Obligations	  	 	24	  

  
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		    	19.5.	  	Rent Abatement	  	 	24	  
		    	19.6.	  	Waiver of Claims	  	 	24	  
	Section 20.	    	Eminent Domain	  	 	24	  
		    	20.1.	  	Effect on Lease	  	 	24	  
		    	20.2.	  	Right to Condemnation Award	  	 	24	  
	Section 21.	    	Environmental Compliance	  	 	25	  
		    	21.1.	  	Environmental Laws	  	 	25	  
		    	21.2.	  	Tenant’s Responsibility	  	 	25	  
		    	21.3.	  	Tenant’s Liability	  	 	25	  
		    	21.4.	  	Limitation on Tenant’s Liability	  	 	25	  
		    	21.5.	  	Inspections by Landlord	  	 	26	  
		    	21.6.	  	Property	  	 	26	  
		    	21.7.	  	Tenant’s Liability after Termination of Lease	  	 	26	  
	Section 22.	    	Default	  	 	27	  
		    	22.1.	  	Tenant’s Default	  	 	27	  
		    	22.2.	  	Landlord’s Remedies	  	 	28	  
		    	22.3.	  	Landlord’s Expense	  	 	28	  
		    	22.4.	  	Remedies Cumulative	  	 	28	  
		    	22.5.	  	No Accord and Satisfaction	  	 	29	  
		    	22.6.	  	No Reinstatement	  	 	29	  
		    	22.7.	  	Summary Ejectment	  	 	29	  
		    	22.8.	  	Landlord’s Default	  	 	29	  
		    	22.9.	  	Tenant’s Remedies	  	 	29	  
	Section 23.	    	Multiple Defaults	  	 	29	  
		    	23.1.	  	Increased Security Deposit	  			
		    	23.2	  	Effect on Notice Rights and Cure Periods	  	 	29	  
	Section 24.	    	Bankruptcy	  	 	29	  
		    	24.1.	  	Trustee’s Rights	  	 	29	  
		    	24.2	  	Adequate Assurance	  	 	30	  
		    	24.3.	  	Assumption of Lease Obligations	  	 	30	  
	Section 25.	    	Notices	  	 	30	  
		    	25.1.	  	Addresses	  	 	30	  
		    	25.2.	  	Form; Delivery; Receipt	  	 	30	  
		    	25.3.	  	Address Changes	  	 	30	  
		    	25.4.	  	Notice by Legal Counsel	  	 	30	  
	Section 26.	    	Holding Over	  	 	30	  
	Section 27.	    	Right To Relocate	  	 	31	  
	Section 28.	    	Broker’s Commissions	  	 	31	  
		    	28.1.	  	Broker	  	 	31	  
		    	28.2.	  	Landlord’s Obligation	  	 	31	  
		    	28.3.	  	Indemnity	  	 	31	  
	Section 29.	    	Miscellaneous	  	 	31	  
		    	29.1.	  	No Agency	  	 	31	  
		    	29.2.	  	Force Majeure	  	 	31	  
		    	29.3.	  	Limitation on Damages	  	 	31	  
		    	29.4.	  	Satisfaction of Judgments Against Landlord	  	 	31	  

  
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		    	29.5.	  	Interest	  	 	31	  
		    	29.6.	  	Legal Costs	  	 	32	  
		    	29.7.	  	Sale of Premises or Building	  	 	32	  
		    	29.8.	  	Time of the Essence	  	 	32	  
		    	29.9.	  	Transfer of Security Deposit	  			
		    	29.10.	  	Tender of Premises	  	 	32	  
		    	29.11.	  	Tenant’s Financial Statements	  	 	32	  
		    	29.12.	  	Recordation	  	 	32	  
		    	29.13.	  	Partial Invalidity	  	 	32	  
		    	29.14.	  	Binding Effect	  	 	32	  
		    	29.15.	  	Entire Agreement	  	 	32	  
		    	29.16.	  	Good Standing	  	 	33	  
		    	29.17.	  	Terminology	  	 	33	  
		    	29.18.	  	Headings	  	 	33	  
		    	29.19.	  	Choice of Law	  	 	33	  
		    	29.20.	  	Execution	  			
	Section 30.	    	Addenda And Exhibits	  	 	33	  
		    	Lease Addendum #1 - “Workletter”	  	 	33	  
		    	Exhibit A - Building and Premises	  	 	33	  
		    	Exhibit B - Rules and Regulations	  	 	33	  
		    	Exhibit C - Janitorial Specifications	  	 	33	  
		    	Exhibit D - Monthly Rents and Expiration Date	  	 	33	  
		    	Exhibit E - Annual Anticipated Property Tax and Insurance Table	  	 	33	  
		    	Exhibit F - Common Area	  	 	33	  
		    	Exhibit G - Business Support Area	  	 	34	  
		    	Exhibit H - Building Standard Improvements	  	 	34	  

  
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 STATE OF MARYLAND 
 COUNTY OF ALLEGANY 
 OFFICE LEASE 

THIS LEASE (“Lease”), effective as of this 6 day of February, 2007, (“Effective Date”) by and between
ALLEGANY RESEARCH PROPERTIES, LLC, a Maryland limited liability company (“Landlord”), and INFOSPHERIX INCORPORATED, a Delaware corporation (“Tenant”), provides as follows: 

1. DEFINITIONS AND SPECIAL PROVISIONS. The following basic definitions and provisions apply to this Lease: 

1.1. Definitions. The italicized terms shall have the following meanings. 

 

			
	Base Rent.	  	 The minimum Base Rent for the Term shall be payable in monthly installments on the 1st day of each month, in advance, as follows:

 
 $15.88 per year per square foot beginning on the Commencement Date and
continuing at an annual increase of 3% per the chart in Exhibit D.

		
	Base Year.	  	1 December 2007 through 30 November 2008.
		
	Fiscal Year.	  	1 December through 30 November. However if the Commencement Date occurs on a date other than December 1, 2007, the Fiscal Year shall begin on the Commencement
Date.
		
	Short Year.	  	For Purposes of Common Area Operating Expenses, the short year shall run from the Commencement Date to 31 December, 2007.
		
	Brokers.	  	 Tenant’s Representative - None.
  

Landlord’s Representative - None.

		
	Building.	  	 Research and Office Building located in Allegany Business Park containing approximately 50,000 square feet (to be
constructed).
  
 Address:     Midlothian Road

                   Frostburg, MD 21532

		
	Building Standard Improvements.	  	“Building Standard Improvements” means the standards for normal construction of general office space within the Building as specified by Landlord, including design and
construction standards, electrical load factors, materials, fixtures and finishes.
		
	City.	  	Frostburg, Maryland
		
	Commencement Date.	  	1 December 2007. The Commencement Date may be adjusted in accordance with Section 3.2 of this Lease

			
	Common Area	  	The common areas generally include space that is not included in portions of the Building set aside for leasing to tenants or reserved for Landlord’s exclusive use, including
entrances, dining area, hallways, lobbies, elevator, restrooms. Common Area also includes sidewalks, walkways, parking, plazas, and all other parts of this site.
		
	Electrical Service.	  	Six (6) watts per useable square foot for convenience outlets.
		
	Expiration Date.	  	 Expiration Date for Areas 1 and 2 shall be 30 November, 2017;

 
 Expiration Date for Area 3 shall be 30 November, 2014;

 
 Expiration Date for Area 4 shall be 30 November, 2011; per
Exhibit D.

		
	Guarantors.	  	None.
		
	Holidays.	  	 New Year’s Day;
 Memorial
Day;
 Independence Day;
 Labor
Day;
 Thanksgiving Day; and
 Christmas
Day.
  
 If one of the Holidays set forth above is observed by the national
banks in Allegany County, Maryland on a day other than the normal day for such observance, then the day of observance by the banks shall constitute that Holiday under this Lease.

		
	HVAC After Hours Rate.	  	N/A
		
	Non-Standard Improvements.	  	“Non-Standard Improvements” means such items as (i) High Demand Equipment (as defined in this Lease), (ii) all wiring and cabling from the point of origin to the
termination point, (iii) raised floors for computer or communications systems, (iv) telephone equipment, security systems, and UPS systems, (iv) equipment racks, (v) alterations installed by or at the request of Tenant after the Commencement Date,
and (vi) any other improvements that are not part of the Building Standard Improvements.
		
	Normal Building Operating Hours.	  	6 a.m. to midnight, Monday through Friday, excluding Holidays.

  
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	Notice Addresses.	  	Landlord:	    	
			
		  		    	 Allegany Research Properties, LLC
 11521 Milnor Avenue
 Upper Potomac Industrial Park

P. O. Box 1210
 Cumberland, MD
21501-1210
  
 Attn: Carl Belt, Managing Member

 
 Facsimile Number: 301-729-0163

 
 Academic Privatization of Maryland, LLC

3361 Fieldwood Drive
 Smyrna, GA 30080

Attn: Glenn Weaver, Property Manager
  

Facsimile Number: 800-859-7444

			
		  	Tenant:	    	
			
		  		    	 InfoSpherix Incorporated
 12051
Indian Creek Court
 Beltsville, Maryland 20705
  

Attn: Mr. Steve Wade
  
 Facsimile Number:

  

					
	Parking.	  	Ten (10) unreserved parking spaces per each 1,000 rentable square feet in the Premises.
		
	Permitted Use.	  	General office, research related activities, and related uses.
			
	Premises.	  	Rentable Square Feet:	  	Defined per Exhibit A and Exhibit D, for Areas 1-4, and subject to measurement as set forth in this Lease.
			
		  	Suite: 1000	  	
			
		  		  	Premises and Rentable Area are defined Per Exhibit A and Exhibit D.

  

					
	Property Manager.	  	 Academic Privatization of Maryland, LLC
 3361 Fieldwood Drive
  
 Smyrna, GA 30080
  
 Attn:
 Glenn Weaver, Property Manager 
  
 Phone:
 919-414-0739

  
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	Rent Payment Address.	  	 Allegany Research Properties, LLC
 11521 Milnor Avenue
 Upper Potomac Industrial Park

P.O. Box 1210
 Cumberland, MD 21501-1210

		
	Restrictive Covenants	  	The following Restrictive Covenants apply to the Premises: Any and all restrictions, reservations, conditions or limitations imposed by the terms of the Master Ground Lease entered
into between the State of Maryland for the use of the University System of Maryland and on behalf of its constituent institution, Frostburg State University and Allegany County, dated January 10, 2001, and recorded in Deeds Liber 690, Folio
516, among the Land Records of Allegany County, Maryland and the Ground Sublease Agreement between the Board of County Commissioners of Allegany County, Maryland, and Allegany Research Properties, LLC, a copy of which is attached hereto,
incorporated herein, and marked as Exhibit I
		
	Allegany Business Center	  	The business and research park development community in which the Building is located.
		
	Security Deposit.	  	None.
		
	State.	  	Maryland
		
	Tenant Improvement Allowance.	  	$1.43 per rentable square foot which is intended to cover the costs of architectural and engineering design for the Premises.
		
	Tenant Plan Delivery Date.	  	15 January 2007.
		
	Tenant’s Proportionate Share.	  	Tenant’s Proportionate Share of the Building is 66.95%, which is calculated by dividing the approximately 32,429 square feet of the Premises by the approximately 48,435
rentable square feet of the Building. If the Building is expanded all formula shall be adjusted pro rata to take such expansion into consideration.
		
	Term.	  	As Shown in Exhibit D.

 1.2. Special
Provisions. The following special provisions, if any, shall apply, and where in conflict with other provisions in this Lease, these special provisions shall control: None. 

 

	 	2.	PREMISES. 

 2.1.
Premises. Landlord leases to Tenant and Tenant leases from Landlord the Premises. 

  
 4 

 2.2. Square Foot Determinations. The Building has not been constructed. The Building
and Premises shall generally be as described in Exhibit A but minor adjustments may be determined by an Architect selected by Landlord. Landlord shall provide to Tenant the Architect’s determination and calculations. Upon the determination
of the measurements of the Building and Premises as set forth above, the parties shall amend this Lease to correct all applicable provisions affected by the measurement Rentable Area is outlined in Red on Exhibit A; any revisions are to be
computed using consistent methodology. 
 2.3. Common Areas. Tenant shall have non-exclusive access to the common areas
of the Building. Landlord has the exclusive right to (i) designate the Common Areas, (ii) change the designation of any Common Area and otherwise modify the Common Areas, and (iii) permit special use of the Common Areas, including
temporary exclusive use for special occasions. Tenant shall not interfere with the rights of others to use the Common Areas. All use of the Common Areas shall be subject to any rules and regulations promulgated by Landlord. 

2.4. Portions of Common Area inside the building are shown on Exhibit F. 

 

	 	3.	TERM. 

 3.1.
Commencement and Expiration Dates. The Lease Term commences on the Commencement Date and expires on the Expiration Date of Expiration Year, as set forth in Section 1.1 and shown on Exhibit D. 

3.2. Adjustments to Commencement Date. The Commencement Date shall be adjusted as follows: 

 

	 	3.2.1.	If Tenant requests possession of the Premises prior to the Commencement Date, and Landlord consents, the Commencement Date shall be the date of possession. All Rent and
other obligations under this Lease shall begin on the date of possession, but the Expiration Date shall remain the same. 

  

	 	3.2.2.	If Landlord, for any reason, cannot deliver possession of the Premises to Tenant on the Commencement Date, the Commencement Date, Expiration Date, and all other dates
that may be affected by their change, shall be revised to conform to the date of Landlord’s delivery of possession of the Premises to Tenant. Any such delay shall not relieve Tenant of its obligations under this Lease, and neither Landlord nor
Landlord’s agents shall be liable to Tenant for any loss or damage resulting from the delay in delivery of possession except as set forth in Section 3.4 below 

3.3. Delivery of Possession. Unless otherwise specified in Lease Addendum #1 or Section 3.2.1 of this Lease,
“delivery of possession” of the Premises shall mean 1 December 2007 or if delayed the earlier of: (i) the date Landlord has the Premises ready for occupancy by Tenant as evidenced by a permanent or temporary certificate of
occupancy, or its equivalent, issued by proper governmental authority, or (ii) the date Landlord could have had the Premises ready had there been no delays attributable to Tenant. 

  
 5 

 3.4. Delayed Delivery of Possession. In the event that the Landlord delays delivery
of the Premises to the Tenant and that such late delivery is not the fault of the Tenant or Force Majeure then the Landlord shall allow Tenant three months free of all Rents for each month, or part thereof, of such delay. However such free rent
shall not affect the Expiration Date of the Lease. 
 3.5. Adjustment of Expiration Date. If the Expiration Date does not
occur on the last day of a month, Landlord, at its option, may extend the Term by the number of days necessary to cause the Expiration Date to occur on the last day of the last month of the Term. Tenant shall pay Base Rent and Additional Rent for
such additional days at the same rate payable for the portion of the last month immediately preceding such extension. 
 3.6.
Right to Occupy. Tenant shall not occupy the Premises until Tenant has complied with all of the following requirements to the extent applicable under the terms of this Lease: (i) delivery of all certificates of insurance, (ii) if
applicable, payment of any required Security Deposit, (iii) execution and delivery of any required Guaranty, and (iv) if Tenant is an entity, receipt of a good standing certificate from the State where it was organized and a certificate of
authority to do business in the State of Maryland (if different). Tenant’s failure to comply with these (or any other conditions precedent to occupancy under the terms of this Lease) shall not delay the Commencement Date. 

3.7. Commencement Letter. Landlord may send a commencement letter (“Commencement Letter”) to Tenant confirming the
Commencement Date. The Commencement Date set forth in the Commencement Letter shall be conclusive and binding on the parties unless Tenant objects to the date in writing within ten (10) business days after delivery of the Commencement Letter.

  

	 	4.	USE. 

 4.1. Permitted
Use. The Premises may be used only for the Permitted Use set forth in Section 1.1, unless otherwise approved by Landlord in writing. 
  

	 	4.2.	Prohibited Uses. Tenant shall not use the Premises: 

  

	 	4.2.1.	In violation of any Restrictive Covenants applicable to the Premises; 

  

	 	4.2.2.	In any manner that constitutes a nuisance or trespass; 

  

	 	4.2.3.	In any manner which increases any premiums for insurance on the Building, or makes such insurance unavailable to Landlord; provided that, if an increase in
Landlord’s insurance premiums results from Tenant’s use of the Premises, Landlord may elect to permit the use and charge Tenant for the increase in premiums, and Tenant’s failure to pay Landlord, on demand, the amount of such increase
shall be a default; or 

  

	 	4.2.4.	In any manner that creates unusual demands for electricity, heating or air conditioning without Landlord’s prior written consent. 

  
 6 

 4.3. Prohibited Equipment in Premises. Tenant shall not install any equipment in the
Premises that places unusual demands on the electrical, heating or air conditioning systems (“High Demand Equipment”) without Landlord’s prior written consent. No such consent will be given if Landlord determines, in its opinion, that
such equipment may not be safely used in the Premises or that Electrical Service is not adequate to support the equipment. Landlord’s consent may be conditioned, without limitation, upon separate metering of the High Demand Equipment and
Tenant’s payment of all engineering, equipment, installation, maintenance, removal and restoration costs and utility charges associated with the High Demand Equipment and the separate meter. If High Demand Equipment used in the Premises by
Tenant affects the temperature otherwise maintained by the heating and air conditioning system, Landlord shall have the right to install supplemental air conditioning units in the Premises with the cost of engineering, installation, operation and
maintenance of the units to be paid by Tenant. All costs and expenses relating to High Demand Equipment and Landlord’s administrative costs (such as reading meters and calculating invoices) shall be Additional Rent, payable by Tenant upon
demand. 
  

	 	5.	RENT. 

 5.1. Payment
Obligations. Tenant shall pay Base Rent and Additional Rent (collectively, “Rent”) on or before the first day of each calendar month during the Term, as follows: 

 

	 	5.1.1.	Rent payments shall be sent to the Rent Payment Address set forth in Section 1.1. 

 

	 	5.1.2.	Rent shall be paid without previous demand or notice. 

  

	 	5.1.3.	If the Term commences on a day other than the first day of a month, then Rent for such month shall be (1) prorated for the period between the Commencement Date and
the last day of the month in which the Commencement Date falls, and (2) due and payable on the Commencement Date. 

  

	 	5.1.4.	For each Base Rent payment Landlord receives after the fifth (5th) day of the month, Landlord shall be entitled to all default remedies provided under the terms of
this Lease, and a late charge in the amount of five percent (5%) of all Base Rent due for such month. Notwithstanding the foregoing, if Tenant fails to pay rent when due (a “Late Payment”), no more than twice during any calendar year
such Late Payment shall not be considered an event of Default if, within five (5) business days after written notice from Landlord (the “Grace Period”), Tenant submits the rent due, including the late charge of five percent
(5%) for such month 

  

	 	5.1.5.	 If Landlord presents Tenant’s check to any bank and Tenant has insufficient funds to pay for such check, then Landlord shall be entitled to the
maximum lawful bad check fee or five percent (5%) of the amount of such check, whichever is less. Twice during any Calendar year, such insufficient funds 

  
 7 

	 	 
shall not be considered an event of Default. If more than twice in any Calendar year Landlord presents Tenant’s check to any bank and Tenant has insufficient funds, then all Default remedies
provided under the terms of this Lease shall apply. 

 5.2. Base Rent. Tenant shall pay Base Rent as
set forth in Section 1.1 and Exhibit D. 
 5.3. Additional Rent. In addition to Base Rent, Tenant shall pay as
rent all sums and charges due and payable by Tenant under this Lease (“Additional Rent”), including, but not limited to, the following: 
  

	 	5.3.1.	Tenant’s Proportionate Share of Landlord’s Operating Expenses as described below and in all other portions of Section 5 of this Lease;

  

	 	5.3.2.	Any sales or use tax imposed on rents collected by Landlord or any tax on rents in lieu of ad valorem taxes on the Building shall have no effect on this lease.

  

	 	5.3.3.	Property Taxes differing from those per square foot costs for the building shown in Exhibit E. 

 

	 	5.3.4.	Insurance operating costs differing from those per square foot costs for the building shown in Exhibit E. 

 

	 	5.3.5.	Tenant’s Proportionate Share of Common Area Operating Expenses. 

 5.4. Common Area Operating Expenses. For each Short Year, Tenant shall pay as Additional Rent its pro rata share of the estimated Common Area Operating Expenses each month with payment of
Tenant’s Base Rent. If the Short Year begins on 1 December, 2007, Tenant’s monthly pro rata payment shall be one third (1/3) of Tenant’s Proportionate share for the year. If the Short Year commences on a date other than
1 December 2007, payments shall be adjusted proportionately. For each calendar year after the Base Year, Tenant shall pay to Landlord, as Additional Rent, Tenant’s Proportionate Share of Operating Expenses incurred by Landlord’s
operation and maintenance of the Common Area. In no event shall these expenses increase by more than 10% per year. 
  

	 	5.4.1.	For purposes of calculating real property taxes for the Base Year, and for the purposes of calculating insurance, Landlord shall use the projections shown on
Exhibit E. 

  

	 	5.4.2.	 For each calendar year after the Short Year, Landlord shall estimate the amount of Common Area Operating Expenses for the next Calendar Year. Landlord
shall send Tenant a written statement showing the amount of Tenant’s Proportionate Share of estimated Operating Expenses. Tenant shall pay one-twelfth (1/12th) of Tenant’s Proportionate Share of such Operating Expenses each month with the payment of Tenant’s
Base Rent. 

  
 8 

	 	5.4.3.	Within ninety (90) days after the end of each Calendar year, or as soon as reasonably possible thereafter, Landlord shall send Tenant a report showing the actual
Common Area Operating Expenses for the previous Calendar year (or Short Year, as applicable) with a reconciliation of the Tenant’s Proportionate Share of Operating Expenses for that Calendar Year (the “Annual Statement”). Tenant shall
pay to Landlord any Additional Rent owed; or alternatively, Landlord shall adjust Tenant’s Rent payments if Landlord owes Tenant a credit. After the Expiration Date, Landlord shall send Tenant the final Annual Statement for the Term, and Tenant
shall pay to Landlord Additional Rent as owed, or if Landlord owes Tenant a credit, then Landlord shall pay Tenant a refund. If this Lease expires or terminates on a day other than November 30, then Additional Rent shall be prorated on a
365-day calendar year (or 366 if a leap year). All payments or adjustments for Additional Rent shall be made within fifteen (15) days after the applicable Annual Statement is delivered to Tenant. 

 

	 	5.4.4.	The Common Area Operating Expenses shall be accounted for and reported on a cash basis, but the determination of whether an item is an expense or a capital expenditure
shall be determined in accordance with Generally Accepted Accounting Principles (“GAAP”). 

  

	 	5.4.5.	The term “Common Area Operating Expenses” shall mean all expenses and costs (but excluding charges separately paid by other tenants of the Building or third
parties) of every kind and nature which Landlord shall pay or become obligated to pay because of or in connection with the ownership, maintenance and operation of the Common Area, including but not limited to, the following:

  

	 	5.4.5.1.	Wages, salaries and related expenses (including taxes, insurance and benefits) of obtaining, training and employing all on-site and off-site personnel engaged in the
operation, maintenance and access control of the Building; 

  

	 	5.4.5.2.	Cost of all supplies, tools, equipment and materials, whether purchased or leased, used in the operation and maintenance of the Building; 

 

	 	5.4.5.3.	Cost of utilities for the Common Area , including but not limited to, water, steam, gas, sewer and electricity, and power for heating, lighting, air conditioning and
ventilating the Building-(including all Common Areas and service areas) except as separately metered and billed; 

  

	 	5.4.5.4.	Cost of all maintenance and service agreements for the Common Area and the equipment therein, including but not limited to, access control service, window cleaning,
janitorial service, landscape maintenance, HVAC maintenance, and elevator maintenance; 

  
 9 

	 	5.4.5.5.	Cost of all insurance, including but not limited to, fire, casualty, liability and rental abatement insurance applicable to the Common Area and Landlord’s personal
property used in connection therewith, plus the cost of all deductible payments made by Landlord in connection therewith; 

  

	 	5.4.5.6.	Cost of repairs, replacements and general maintenance of the Common Areas or the Building (excluding the Premises), including those costs related to parking, sidewalks,
walkways and landscaping in any portion of the property of which the Building is a part (excluding repairs, replacements and general maintenance paid by proceeds of insurance or by Tenant or other third parties); 

 

	 	5.4.5.7.	Any and all Common Area maintenance costs related to public areas, including parking, sidewalks, walkways and landscaping in any portion of the property of which the
Building is a part; 

  

	 	5.4.5.8.	Any assessments for repairs, replacements .and general maintenance of common areas in Allegany Business Center levied by any owner’s association or sub-association
of which the Owner is a member by virtue of its ownership of the Building; 

  

	 	5.4.5.9.	All taxes, assessments and governmental charges, whether or not directly paid by Landlord, whether federal, state, county or municipal, and whether they be by taxing
districts or governmental authorities presently taxing the Building or by others subsequently created, attributable to the Building or its operation, excluding, however, taxes and assessments attributable to the personal property of tenants, federal
and state taxes on income, death taxes, franchise taxes, and taxes imposed or measured on or by the income of Landlord from the operation of the Building. Consultation, accounting and legal fees and other fees and costs resulting from any challenge
of tax assessments also shall be included in Operating Expenses. Tenant will separately pay the ad valorem taxes on its personal property and, if Landlord elects, on the value of the leasehold improvements in the Premises (and if the taxing
authorities do not separately assess Tenant’s leasehold improvements, Landlord may make a reasonable allocation of the ad valorem taxes allocated to the Building to give effect to this sentence). All taxes, assessments, and governmental charges
shall be included in Operating Expenses in the calendar year in which such taxes, assessments or governmental charges are paid; 

  
 10 

	 	5.4.5.10.	Amortization of the cost, together with reasonable financing charges, of furnishing and installing capital investment items which (i) are primarily for the purpose
of (1) reducing Operating Expenses, or (2) promoting safety; or (ii) may be required by any governmental authority (“Permitted Capital Operating Expenses”). In the case of Permitted Capital Operating Expenses made for the
purpose of reducing Operating Expenses, such costs shall be amortized over such reasonable period as Landlord shall determine, but in any event the amount of the costs for any Calendar Year shall not exceed the savings in Operating Expenses for that
Calendar Year. In the case of Permitted Capital Operating Expenses made for purposes of promoting safety or complying with the requirements of governmental authorities, such costs shall be amortized over the useful life of the improvements as
determined in accordance with generally accepted accounting principles (but in no event to extend beyond the remaining useful life of the Building); and 

  

	 	5.4.5.11.	Cost of an office in the Building maintained for the Property Manager. 

  

	 	5.4.6.	Notwithstanding the foregoing provisions, Common Area Operating Expenses shall not include the following: 

 

	 	5.4.6.1.	Leasing commissions, attorneys’ fees, costs, disbursements and other expenses incurred in connection with negotiations for leases with tenants, prospective tenants
or other occupants of the Building, or similar costs incurred in connection with disputes with tenants, prospective tenants or other occupants of the Building, or similar costs and expenses incurred in connection with negotiations or disputes with
consultants, management agents, purchasers or mortgagees of the Building; 

  

	 	5.4.6.2.	Non-cash items, such as deductions for depreciation or obsolescence of the Building and the Building equipment, or interest on capital invested (except for Permitted
Capital Operating Expenses); 

  

	 	5.4.6.3.	Payments of principal and interest or other finance charges made on any debt (except for Permitted Capital Operating Expenses), and rental payments made under any
ground or underlying lease or leases, except to the extent that a portion of such payments is expressly for ad valorem/real estate taxes or insurance premiums on the Building; 

 

	 	5.4.6.4.	 Costs incurred by Landlord in the sale, financing, refinancing, mortgaging, selling or change of ownership of the Building,

  
 11 

	 	 
including brokerage commissions, management fee’s, attorneys’ fees and accountants’ fees, closing costs, title insurance premiums, sales taxes, transfer taxes and interest charges;
and 

  

	 	5.4.6.5.	Costs which are required to be capitalized in accordance with generally accepted accounting principles (except for Permitted Capital Operating Expenses).

  

	 	5.4.7.	If Tenant disputes the amount of Common Area Operating Expenses as set forth in the Annual Statement from the Landlord, then Tenant shall be provided with copies of
Landlord’s books and records relating: to Operating Expenses audited by a qualified professional selected by Tenant in accordance with Section 5.4.7.2 of this Lease or by Tenant itself, provided (i) Tenant gives written notice of the
audit within forty-five (45) days of Tenant’s receipt of the Annual Statement, and (ii) Tenant is not in default under the Lease. No subtenant shall have any right to conduct an audit and no assigns shall conduct an audit for any
period during which such assignee was not in possession of the Premises. 

  

	 	5.4.7.1.	Books and records necessary to accomplish any audit permitted under this Section shall be retained for twelve months after the end of each calendar year, and on receipt
of notice of Tenant’s dispute of the operating expenses shall be made available to Tenant to conduct the audit, which (at Landlord’s option) may be either at the Premises, at the Landlord’s division office for the area in which the
Premises are located, or at Landlord’s home office in Frostburg, Maryland. If Tenant and Landlord dispute the amount of operating expenses after Tenant’s Audit, then Landlord’s independent certified public accountant shall consult
with Tenant’s professional to reconcile any discrepancies. 

  

	 	5.4.7.2.	 In the event that the Tenant elects to have a professional audit of Landlord’s Operating Expenses as provided in this Lease, such audit must be
conducted by an independent nationally or regionally recognized accounting firm that, is not being compensated by Tenant on a contingency fee basis. All information obtained through such audit as well as any compromise, settlement or adjustment
reached as a result of such audit shall be held in strict confidence by Tenant and its officers, agents, and employees and as a condition to such audit, the Tenant’s auditor shall execute a written agreement agreeing that the auditor is not
being compensated on a contingency fee basis and that all information obtained through such audit as well as any compromise, settlement or adjustment reached as a result of such audit, shall be held in strict confidence and shall not be revealed in
any manner to any person except upon the prior written consent of the Landlord, which consent may be withheld in Landlord’s sole discretion, or if 

  
 12 

	 	 
required, pursuant to any litigation between Landlord and Tenant materially related to the facts disclosed by such audit, or if required by law. 

 

	 	5.4.7.3.	If Common Area Operating Expenses were overstated by ten percent (10%) or more, then Landlord shall reimburse Tenant for its reasonable Audit costs; otherwise,
Tenant shall pay its own costs. 

  

	 	6.	SECURITY DEPOSIT. [Deleted] 

  

	 	7.	SERVICES BY LANDLORD. 

7.1. Base Services. At Tenant’s sole costs, Tenant shall provide the services to the Premises to include all utilities
including Data, repairs, replacement and maintenance and janitorial services to the Premises. Where appropriate the Landlord will install metering or sub-metering to enable accurate measurements of the Tenant’s obligations for payment of these
basic services. Tenant’s Proportionate Share of Common Area Operating Expenses shall be billed to the Tenant as Additional Rent. Provided that Tenant is not then in default, Landlord shall cause the following Common Area services to be
furnished to the Building, or (as applicable) the Premises: 
  

	 	7.1.1.	Common Area Water (if available from city mains) for drinking, lavatory and toilet purposes; 

 

	 	7.1.2.	Common Area Electricity (if available from the utility supplier) for the building standard fluorescent lighting and for the operation of general office machines, such
as electric typewriters, desk top computers, dictating equipment, adding machines and calculators, and general service non-production type office copy machines; provided that Landlord shall have no obligation to provide more than the amount of power
for convenience outlets as set forth in Section 1.1; 

  

	 	7.1.3.	All Operatorless elevator maintenance and repair service; 

  

	 	7.1.4.	Common Area Building standard fluorescent lighting composed of 2’ x 4’ fixtures; Tenant shall service, replace and maintain at its own; expense any
incandescent fixtures, table lamps, or lighting other than the building standard fluorescent light, and any dimmers or lighting controls other than controls for the building standard fluorescent lighting; 

 

	 	7.1.5.	Common Area Heating and air conditioning for the reasonably comfortable use and occupancy of the Premises as follows: 

 

	 	7.1.5.1.	Common Area heating and cooling conforming to any governmental regulation prescribing limitations thereon shall be deemed to comply with this service;

  
 13 

	 	7.1.6.	Common Area Janitorial services five (5) days a week, excluding Holidays, per the specifications set forth in Exhibit C; and 

 

	 	7.1.7.	Common Area Unreserved parking spaces, not to exceed the number specified in Section 1.1, for use by Tenant’s employees and invitees in common with the other
tenants of the Building and their employees and invitees. 

  

	 	7.1.8.	Common Area. Parking and Hardscape janitorial, repairs, replacement, maintenance snow removal and lighting. 

 

	 	7.1.9.	Common Area. Landscaping. 

 7.2.
Landlord’s Maintenance. Landlord shall make all repairs and replacements to the Building Common Areas and warranty repairs to the Building Standard Improvements in the Premises, except for repairs and replacements that Tenant must make
under the provisions of this Lease. Landlord’s maintenance shall include the roof, foundation, exterior walls, interior structural walls, all structural components, and all Building systems not specifically located in the Tenants Premises, such
as mechanical, electrical, HVAC, and plumbing. Repairs or replacements shall be made within a reasonable time (depending on the nature of the repair or replacement needed) after receiving notice from Tenant or Landlord having actual knowledge of the
need for a repair or replacement. All such costs which qualify as Common Area Operating Expenses may be passed through as Additional Rent pursuant to the terms of this Lease. If Landlord does not perform its maintenance, repair or replacement
obligations in a timely manner, commencing the same within five (5) days after receipt of notice from Tenant specifying the work needed, and thereafter diligently and continuously pursuing the work until completion, then Tenant shall have the
right, but not the obligation, to perform such work. Any reasonable amounts expended by Tenant on such maintenance, repair or replacement shall be paid by Landlord to Tenant upon demand. The cost of repairs or replacements needed because of
Tenant’s misuse or neglect shall be charged directly to Tenant as Additional Rent. 
  

	 	7.2.2	Moved to Section 8.3. 

7.3. Limitation on Landlord’s Liability. Only in the event of Landlord’s negligence shall Landlord be liable to Tenant
for any damage caused to Tenant’s Property or any interruption in Tenant’s use of the Premises due to (i) the Building (including the roof, foundation, exterior walls, interior structural walls, and structural components) or any
Building System (including any HVAC, plumbing or electrical system) being improperly constructed or being or becoming out of repair, or (ii) arising from any leaking, clogged, overflowing or ruptured gas, water, sewer, steam or refrigerant
lines. 
 7.4. No Abatement. There shall be no abatement or reduction of Rent by reason of any of the foregoing services
not being continuously provided to Tenant. Landlord shall have the right to shut down the Building systems (including electricity and HVAC systems) for required maintenance and safety inspections, and in cases of emergency. Unless an emergency
occurs Landlord shall provide Tenant with 30 days prior written notification of any such shutdown. 
 7.5. Tenant’s
Obligation to Report Defects. Tenant shall report to Landlord immediately any defective condition in or about the Premises known to Tenant. 

  
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	 	8.	TENANT’S ACCEPTANCE AND MAINTENANCE OF PREMISES. 

 8.1. Acceptance of Premises. Subject to the terms of the attached Lease Addendum #1 - Workletter, (the “Workletter”) and a Tenant generated “Punchlist”, if any, Tenant’s
occupancy of the Premises is Tenant’s representation to Landlord that (i) Tenant has examined and inspected the Premises as can reasonably be performed, (ii) finds the Premises to be as represented by Landlord and satisfactory for
Tenant’s Permitted Use, and (iii), constitutes Tenant’s acceptance of the Premises “as is”. Landlord makes no representation or warranty as to the condition of the Premises except as may be specifically set forth in the
Workletter. 
 8.2. Move-In Obligations. Tenant shall schedule its move-in with the Property Manager. Unless otherwise
approved by the Property Manager, move-in shall take place at a mutually agreeable time. During Tenant’s move-in, a representative of Tenant must be on-site with Tenant’s moving company to insure proper treatment of the Building and the
Premises. If Tenant’s move-in occurs during Normal Building Operating Hours, all elevators, entrances, hallways and other Common Areas must remain in use for the general public. If desired by Tenant in connection with its move-in, any
specialized use of elevators or other Common Areas must be coordinated with and approved by the Property Manager. Tenant must properly dispose of all packing material and refuse in accordance with the Rules and Regulations. Any damage or destruction
to the Building or the Premises due to moving will be the sole responsibility of Tenant. 
 8.3. Tenant’s
Maintenance. Tenant shall make all repairs and replacements to the Premises other than as provided in Section 7.2. Tenant’s obligations shall include but are not limited to maintenance, repairs and replacement of fixtures, furniture,
finishes and equipment including interior walls, all Building systems specifically located in the Premises, including mechanical, electrical, HVAC heat pumps, piping and ducting, and plumbing. Repairs and replacement shall be made within a
reasonable time to assure that the space is in good working order and repair. Tenant shall: (i) keep the Premises and fixtures in good order; (ii) make repairs and replacements to the Premises; (iii) repair and replace all
improvements, including any special equipment or decorative treatments, installed by or at Tenant’s request that serve the Premises (unless the Lease is ended because of casualty loss or condemnation); and (iv) not commit waste.

 8.4. Alterations to Premises. Tenant shall make no structural or interior alterations to the Premises. If Tenant
desires alterations, then Tenant shall provide Landlord’s Property Manager with a complete set of construction drawings. Any such alterations are subject to the prior written approval of Landlord which shall not be unreasonably withheld. If
Landlord consents to the alterations, then the Property Manager shall determine the actual cost of the work to be done (to include the Construction Supervision Fee). Tenant may then either authorize Landlord to have the work done at Tenant’s
expense or withdraw its request for the alterations. 
 8.5. Restoration of Premises. At the expiration or earlier
termination of this Lease, Tenant shall (i) deliver each and every part of the Premises in good repair and condition, ordinary wear and tear and damage by insured casualty excepted, and (ii) restore the Premises at Tenant’s sole
expense to the same condition as existed at the Commencement Date, ordinary wear and tear and damage by insured casualty excepted. If Tenant has required or installed 

  
 15 

 
Non-standard Improvements, such improvements shall be removed as part of Tenant’s restoration obligation. Landlord, however, may elect to require Tenant to leave any Non-Standard
Improvements in the Premises unless at the time that such Non-Standard Improvements were installed, Landlord agreed in writing that Tenant could remove such improvements. Tenant shall repair any damage caused by the removal of any Non-Standard
Improvements. 
 8.6. Landlord’s Performance of Tenant’s Obligations. If Tenant does not perform its
maintenance or restoration obligations in a timely manner, commencing the same within five (5) days after receipt of notice from Landlord specifying the work needed, and thereafter diligently and continuously pursuing the work until completion,
then Landlord shall have the right, but not the obligation, to perform such work. Any amounts expended by Landlord on such maintenance or restoration shall be Additional Rent to be paid by Tenant to Landlord upon demand. 

8.7. Construction Liens. Tenant shall have no power to do any act or make any contract that may create or be the foundation of any
lien, mortgage or other encumbrance upon the reversionary or other estate of Landlord, or any interest of Landlord in the Premises. NO CONSTRUCTION LIENS OR OTHER LIENS FOR ANY LABOR, SERVICES OR MATERIALS FURNISHED TO THE PREMISES SHALL ATTACH TO
OR AFFECT THE INTEREST OF LANDLORD IN AND TO THE PREMISES OR THE BUDDING. Tenant shall keep the Premises and the Building free from any liens arising out of any work performed, materials furnished, or obligations incurred by or on behalf of Tenant.
Should any lien or claim of lien be filed against the Premises or the Building by reason of any act or omission of Tenant or any of Tenant’s agents, employees, contractors or representatives, then Tenant shall cause the same to be canceled and
discharged of record by bond or otherwise within ten (10) days. Should Tenant fail to discharge the lien within ten (10) days, then Landlord may discharge the lien. The amount paid by Landlord to discharge the lien (whether directly or by
bond), plus all administrative and legal costs incurred by Landlord, shall be Additional Rent payable on demand. These remedies shall be in addition to all other remedies available to Landlord under this Lease or otherwise. 

 

	 	9.	PROPERTY OF TENANT. 

 9.1.
Property Taxes. Tenant shall pay when due all taxes levied or assessed upon Tenant’s equipment, fixtures, furniture, leasehold improvements and personal property located in the Premises. Tenant shall pay as Additional Rent its pro rata
share of any increases in assessed taxes above the annual taxes shown in the Annual Anticipated Property Tax and Insurance Table in Exhibit E. 
 9.2. Generator and Satellite Antennae. Subject to local ordinances and regulations Tenant, at its expense, shall have the right to install a back up generator on a concrete pad that has been
suitably prepared by the Landlord as part of Tenant Improvements adjacent to the Premises and shall be allowed to cable such generator to the Premises. Tenant shall have the right to mount no more than five (5) small aperture satellite antennae
on the roof of the building and cable same to the Premises. Tenant shall have the option to have the costs associated with the installation of this equipment paid out of Tenant Improvement Allowance. All such installations shall be in subject to and
in compliance with all State or Local ordinances and regulations or standards that may apply. 

  
 16 

 9.3. Removal. Tenant may remove all non-standard equipment, fixtures and equipment
which it has placed in the Premises; provided, however, that such removal is not overly intrusive as determined in the sole opinion of the Landlord, and Tenant must repair all damages caused by such removal. If Tenant does not remove its property
from the Premises upon the expiration or earlier termination (for whatever cause) of this Lease, such property shall be deemed abandoned by Tenant. Landlord shall provide Tenant 30 days written notice of removal of any items the Landlord requires
and if not removed by Tenant then the Landlord may dispose of the same in whatever manner Landlord may elect without any liability to Tenant. Examples of overly intrusive removal of fixtures and equipment include but are not limited to removal of
wiring in the walls, security locks in doors and door frames, plumbing, HVAC systems that are not free standing, cabinets, etc. 

10. SIGNS. Tenant may not erect, install or display any sign or advertising material upon the exterior of the Building or Premises
(including any exterior doors, walls or windows) without the prior written consent of Landlord, which consent may be withheld in Landlord’s sole discretion. Door and directory signage shall be provided and installed by the Landlord in
accordance with building standards at Tenant’s expense, unless otherwise provided in the Workletter. Except that the Tenant shall have the right to erect an illuminated or non illuminated sign on the upper eastern facade of building of such
design and construction that is mutually agreeable to both Parties. The location and design shall be mutually planned as part of the Work Letter. 
  

	 	11.	ACCESS TO PREMISES. 

11.1. Tenant’s Access. Tenant and its agents, employees, contract employees and invitees, shall have access to the Premises
and reasonable ingress and egress to common and public areas of the Building twenty-four hours a day, seven days a week; provided, however, Landlord by reasonable regulation may control such access for the comfort, convenience, safety and protection
of all tenants in the Building, or as needed for making repairs and alterations. Tenant shall be responsible for granting its agents, employees, invitees and guests access to the Premises after Normal Building Operating Hours and on weekends and
Holidays, and in no event shall Tenant compromise the security of the Building in granting such access. Tenant’s access to the Business Support Areas defined and marked in Exhibit G is limited to Normal Business Hours as determined in
section 1.1 and such areas are intended for the use by employees only to the extent that such use is necessary and customary for the support of Tenants primary business and not for the personal use of the Tenant’s employees unrelated to
the Tenant’s primary business. 
 11.2. Landlord’s Access. Landlord shall have the right, at all reasonable
times and upon reasonable and written notice, either itself or through its authorized agents, to enter the Premises (i) to make repairs, alterations or changes as Landlord deems necessary, (ii) to inspect the Premises, mechanical systems
and electrical devices, and (iii) to show the Premises to prospective mortgagees and purchasers. Within one hundred eighty (180) days prior to the Expiration Date, Landlord shall have the right, either itself or through its authorized
agents, to enter the Premises at all reasonable times to show prospective tenants; provided, however that Landlord will not enter the Premises with prospective tenants without arranging for an escort by the Tenant and shall provide Tenant with prior
written notice. 

  
 17 

 11.3. Emergency Access. Landlord shall have the right to enter the Premises at any
time without notice in the event of an emergency. If Landlord exercises this right, it shall notify Tenant as soon as is reasonably possible. 
  

	 	12.	TENANT’S COMPLIANCE. 

12.1. Laws. Tenant shall comply with all applicable laws, ordinances and regulations affecting the Premises, whether now existing
or hereafter enacted. 
 12.2. Rules and Regulations. Tenant shall comply with the Rules and Regulations attached as
Exhibit B. The Rules and Regulations may be modified from time to time by Landlord, effective as of the date delivered to Tenant or posted on the Premises, provided such rules are uniformly applicable to all tenants in the Building. The terms
of this Lease shall supersede any conflicting Rules and Regulations. 
  

	 	13.	ADA COMPLIANCE 

 13.1.
Tenant’s Compliance. Tenant, at Tenant’s sole expense, shall comply with all laws, rules, orders, ordinances, directions, regulations and requirements of federal, state, county and municipal authorities now in force, which shall
impose any duty upon Landlord or Tenant with respect to the use or occupation of the Premises or alteration of the Premises to accommodate persons with special needs, including using all reasonable efforts to comply with The Americans With
Disabilities Act (the “ADA”). 
 13.2. Landlord’s Compliance. At the Commencement date of this Lease the
Landlord, at Landlord’s sole expense, shall comply with the requirements of the ADA as it applies to the Premises (excluding Furniture, Fixtures, and Equipment not provided or installed by Landlord), the Common Areas and restrooms of the
Building. Landlord shall not be required to make changes to the Common Areas or restrooms of the Building to comply with ADA standards adopted after construction of the Building unless specifically required to do so by law. 

13.3. ADA Notices. If Tenant receives any notices alleging a violation of ADA relating to any portion of the Building or Premises
(including any governmental or regulatory actions or investigations regarding non-compliance with ADA), then Tenant shall notify Landlord in writing within ten (10) days after receipt of such notice and shall provide Landlord with copies of any
such notice. 
  

	 	14.	INSURANCE REQUIREMENTS. 

14.1. Tenant’s Liability Insurance. Throughout the Term, Tenant, at its sole cost and expense, shall keep or cause to be kept
for the mutual benefit of Landlord, Landlord’s Property Manager, and Tenant, Commercial General Liability Insurance (1986 ISO Form or its equivalent) with a combined single limit of ONE MILLION DOLLARS ($1,000,000.00) for each Occurrence, and
General Aggregate of at least THREE MILLION DOLLARS ($3,000,000.00), which policy shall insure against liability of Tenant, arising out of and in connection with Tenant’s use of the Premises, and which shall insure the indemnity provisions
contained in this Lease. Landlord shall be an Additional Named Insured on Tenant’s Liability Insurance Policy. 

  
 18 

 14.2. Tenant’s Property Insurance; Limitation on Landlord Liability. Throughout
the Term, Tenant shall carry the equivalent of ISO Special Form Property Insurance on Tenant’s Property for full replacement value and including sprinkler leakage coverage, and with coinsurance waived. For purposes of this provision,
“Tenant’s Property” shall mean Tenant’s personal property and fixtures, and any Non-Standard Improvements to the Premises. 
 14.3. Certificates of Insurance. Prior to taking possession of the Premises, and annually thereafter, Tenant shall deliver to Landlord certificates or other evidence of insurance satisfactory to
Landlord. If Tenant fails to provide Landlord with such certificates or other evidence of insurance coverage, Landlord may obtain such coverage and the cost of such coverage shall be Additional Rent payable by Tenant upon demand. 

14.4. Insurance Policy Requirements. Tenant’s insurance policies required by this Lease shall: (i) be issued by
insurance companies licensed to do business in the state in which the Premises are located with a general policyholder’s ratings of at least A- and a financial rating of at least VI in the most current Best’s Insurance Reports available on
the Commencement Date, or if the Best’s ratings are changed or discontinued, the parties shall agree to a comparable method of rating insurance companies; (ii) name Landlord and Landlord’s Property Manager as additional named insureds
as their interest may appear [other landlords or tenants may be added as additional insureds in a blanket policy]; (iii) provide that the insurance not be canceled, non-renewed or coverage materially reduced unless thirty (30) days advance
notice is given to Landlord; (iv) be non-assessable primary policies, and non-contributing with any insurance that Landlord may carry; (v) provide that any loss shall be payable notwithstanding any negligence of Landlord or Tenant which
might result in a forfeiture of such insurance or the amount of proceeds payable; and (vi) have no deductible exceeding TEN THOUSAND DOLLARS ($10,000), unless approved in writing by Landlord. 

14.5. Landlord’s Property Insurance. Landlord shall keep the Building, including the improvements (but excluding
Tenant’s Property), insured against damage and destruction by perils insured by the equivalent of ISO Special Form Property Insurance in the amount of the full replacement value of the Building. 

14.6. Tenant’s Obligation for payment of Property Insurance. Tenant shall pay as Additional Rent its pro rata share of any
increases in Property Insurance above the annual insurance shown in the Annual Anticipated Property Tax and Insurance Table in Exhibit E. 
 14.7. Mutual Waiver of Claims and Subrogation. Notwithstanding any other provisions in this Lease, Landlord hereby releases and waives unto Tenant (including all of its partners, stockholders,
officers, directors, employees and agents), its successors and assigns, and Tenant hereby releases and waives unto Landlord (including all of its partners, stockholders, officers, directors, employees and agents), its successors and assigns, all
rights to claim damages for any injury, loss, cost or damage to persons or to the Premises or any other casualty insured under the terms of any property, general liability, or other policy of insurance maintained by Landlord or Tenant, or required
to be maintained by Landlord or Tenant under the terms of this Lease. As respects all policies of insurance carried or maintained pursuant to this Lease, Tenant and Landlord each waive the insurance carriers’ rights of subrogation. 

  
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 15. INDEMNITY. Subject to the insurance requirements, releases and mutual waivers of
subrogation set forth in this Lease, Tenant agrees as follows: 
 15.1. Tenant Indemnity. Tenant shall indemnify and hold
Landlord harmless from and against any and all claims, damages, losses, liabilities, lawsuits, costs and expenses (including attorneys’ fees at all tribunal levels) arising out of or related to (i) any activity, work, or other thing done,
permitted or suffered by Tenant in or about the Premises or the Building, (ii) any breach or default by Tenant in the performance of any of its obligations under this Lease, or (iii) any act or neglect of Tenant, or any officer, agent,
employee, contractor, servant, invitee or guest of Tenant. 
 15.2. Landlord Indemnity. Landlord shall indemnify and hold
Tenant harmless from and against any and all claims, damages, losses, liabilities, lawsuits, costs and expenses (including attorneys’ fees at all tribunal levels) arising out of or related to (i) any activity, work, or other thing done,
permitted or suffered by Landlord in or about the Premises or the Building, or (ii) any breach or default by Landlord in the performance of any of its obligation under this Lease (iii) any act or neglect of Landlord, or any officer,
employee, or contractor of Landlord. Tenant’s failure to obtain any insurance coverage required under the terms of this Lease shall void Landlord’s indemnity obligation to the extent such insurance would have provided coverage for the
claim. 
 15.3. Defense Obligation. If any such action is brought against either party, then the other party, upon notice
from the indemnified party, shall defend the same through counsel selected by the indemnified party’s insurer, or other counsel acceptable to the indemnified party. 
 15.4. Survival. The indemnity and defense obligation provisions of this Section shall survive the expiration or termination of this Lease. 

16. QUIET ENJOYMENT. Tenant shall have quiet enjoyment and possession of the Premises provided Tenant promptly and fully complies
with all of its obligations under this Lease. No action of Landlord or other tenants working in other space in the Building, or in repairing or restoring the Premises, shall be deemed a breach of this covenant if reasonable access to the Premises is
provided to Tenant. 
  

	 	17.	SUBORDINATION; ATTORNMENT; NON-DISTURBANCE; AND ESTOPPEL CERTIFICATE. 

 17.1. Subordination. This Lease is subject and subordinate to each mortgage or ground lease which may now or hereafter cover all or any part of the property of which the Premises is a part. This
subordination shall be self-operative and no further instrument of subordination is required. Tenant, however, within ten (10) days after Landlord’s request, shall execute, any appropriate certificate or instrument to confirm such
subordination. Notwithstanding the foregoing, the mortgagee or ground lessor may elect at any time to cause their interest in the property to be subordinate and junior to Tenant’s interest under this Lease by filing an instrument in the real
property records of Allegany County, Maryland, effecting such election and providing Tenant with notice of such election. 

  
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 17.2. Attornment. In the event of the enforcement of its rights by any mortgagee
under a mortgage, or by any lessor under any ground lease, Tenant, upon request of any person or party succeeding to the interest of Landlord as a result of such enforcement (“Successor”), automatically will become the tenant of such
Successor without change in the terms or other provisions of this Lease; provided, however, that such Successor shall not be (i) bound by any payment of the Rent for more than one month in advance except prepayment in the nature of security for
the performance by Tenant of its obligations under this Lease; (ii) bound by any amendment or modification of this Lease made without the consent of any such mortgagee or ground lessor, as applicable, (iii) liable for any act, warranty,
neglect, default or omission of the prior Landlord under this Lease; (iv) subject to the offsets, deductions or defenses which Tenant might have arising out of acts or omissions of any prior Landlord under this Lease; (v) liable for the
breach of any warranties or obligations relating to construction of improvements for the property of which the Premises is a part or leasehold improvements in the Premises performed or to have been performed by Landlord, or (vi) liable for the
return of any security deposit not delivered to such successor in interest or ground lessor, as the case may be. 
 17.3.
Non-Disturbance. Tenant’s obligation to subordinate its interests to any mortgage or ground lease, and to attorn to any Successor, is conditioned upon the mortgagee, ground lessor, or Successor agreeing to not disturb Tenant’s quiet
enjoyment of the Premises during the Term so long as Tenant is not in default under the terms of this Lease. 
 17.4.
Estoppel Certificates. Tenant agrees to execute within ten (10) business days after request, and as often as requested, estoppel certificates confirming any factual matter requested by Landlord which is true and is within Tenant’s
knowledge regarding this Lease, and the Premises, including but not limited to: (i) the Commencement Date and (if different) the date of occupancy, (ii) Expiration Date, (iii) the amount of Rent due and date to which Rent has been
paid, (iii) whether Tenant has any defense or offsets to the enforcement of this Lease or the Rent payable, (iv) any default or breach by Landlord, and (v) whether this Lease, together with any modifications or amendments, is in full
force and effect. Tenant shall attach to such estoppel certificate copies of any modifications or amendments to the Lease. 
  

	 	18.	ASSIGNMENT - SUBLEASE. 

 18.1. Landlord Consent. Tenant may not assign or encumber this Lease or its interest in the Premises arising under this Lease, and may not sublet all or any part of the Premises without first
obtaining the written consent of Landlord, which consent shall not be withheld unreasonably. Factors which Landlord may consider in deciding whether to consent to an assignment or sublease include (without limitation), (i) the creditworthiness
of the assignee or sublessee, (ii) the proposed use of the Premises (iii) any renovations to the Premises or special services required by the assignee or sublessee, and (iv) business interest of Landlord. Landlord will not consent to
an assignment or sublease that might result in a use that conflicts with the rights of any existing tenant. One consent shall not be the basis for any further consent. 
 18.2. Definition of Assignment. The term “assignment” includes the following: (i) if Tenant is a partnership, the withdrawal or change, whether voluntary, involuntary or by operation
of law, of partners owning thirty percent (30%) or more of the partnership, or the dissolution of the partnership; (ii) if Tenant consists of more than one person, an assignment, 

  
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whether voluntary, involuntary, or by operation of law, by one person to one of the other persons that is a Tenant; (iii) if Tenant is a corporation, any dissolution or reorganization of
Tenant, or the sale or other transfer of a controlling percentage (hereafter defined) of capital stock of Tenant other than to an affiliate or subsidiary or the sale of more than fifty percent (50%) in value of the assets of Tenant;
(iv) if Tenant is a limited liability company, the change of members whose interest in the company is more than fifty percent (50%). The phrase “controlling percentage” means the ownership of, and the right to vote, stock possessing
more than fifty percent (50%) of the total combined voting power of all classes of Tenant’s capital stock issued, outstanding and entitled to vote for the election of directors, or such lesser percentage as is required to provide actual
control over the affairs of the corporation; except that, if the Tenant is a publicly traded company, public trades or sales of the Tenant’s stock in the normal course of business on a national stock exchange shall not be considered an
assignment hereunder even if the aggregate of the trades of sales exceeds fifty percent (50%) of the capital stock of the company. 
 18.3. Permitted Assignments/Subleases. Notwithstanding the foregoing, Tenant may assign this Lease or sublease part or all of the Premises without Landlord’s consent to: (i) any
corporation, limited liability company, or partnership that controls, is controlled by, or is under common control with, Tenant at the Commencement Date; or (ii) any corporation or limited liability company resulting from the merger or
consolidation with Tenant or to any entity that acquires all of Tenant’s assets as a going concern of the business that is being conducted on the Premises; provided however, the assignor remains liable under the Lease and the assignee or
sublessee is a bona fide entity and assumes the obligations of Tenant, is as creditworthy as the Tenant, and continues the same Permitted Use. Tenant shall give Landlord notice of all permitted assignments and subleases. 

18.4. Prohibited Assignments/Subleases. Notwithstanding any provision in this Lease to the contrary, Tenant shall not be permitted
to assign this Lease or to sublet all or any part of the Premises to any then current tenant in the Building. In no event shall this Lease be assignable by operation of any law, and Tenant’s rights hereunder may not become, and shall not be
listed by Tenant as an asset under any bankruptcy, insolvency or reorganization proceedings. Acceptance of Rent by Landlord after any non-permitted assignment or sublease shall not constitute approval thereof by Landlord. 

18.5. Limitation on Rights of Assignee/Sublessee. Any assignment or sublease for which Landlord’s consent is required shall
not include the right to exercise any options to renew the Lease Term, expand the Premises, or similar options, unless specifically provided for in the consent. 
 18.6. Tenant Not Released. No assignment or sublease shall release Tenant of any of its obligations under this Lease. 
 18.7. Landlord’s Right to Collect Sublease Rents upon Tenant Default. If the Premises (or any portion) is sublet and Tenant defaults under its obligations to Landlord, men Landlord is
authorized, at its option, to collect all sublease rents directly from the Sublessee. Tenant hereby assigns the right to collect the sublease rents to Landlord in the event of Tenant default. The collection of sublease rents by Landlord shall not
relieve Tenant of its obligations under this Lease, nor shall it create a contractual relationship between Sublessee and Landlord or give Sublessee any greater estate or right to the Premises than contained in its Sublease. 

  
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 18.8. Excess Rents. [Deleted] 

18.9. Landlord’s Fees. Tenant shall pay Landlord an administration fee of $1,000.00 per assignment or sublease transaction
for which consent is required. 
 18.10. Unauthorized Assignment or Sublease. Any unauthorized assignment or sublease
shall constitute a default under the terms of this Lease. 
 18.11. Limitation. Notwithstanding anything contained in
this Lease, no proposed assignment or sublease shall provide for a rental or other payment for the leasing, use, occupancy or utilization of all or any portion of the Premises based, in whole or in part, on the income or profits derived by any
person from the property so leased, used, occupied or utilized other than an amount based on a fixed percentage or percentages of gross receipts or sales. No proposed assignment of this Lease or sublease of the Premises shall, in the sole opinion of
Landlord, (a) cause a violation of the Employee Retirement Income Security Act of 1974 or the regulations promulgated thereunder, as amended from time to time, by such proposed assignee or subtenant, by Landlord, or by any person which,
directly or indirectly, controls, is controlled by, or is under common control with, Landlord or any person who controls Landlord or (b) result in Landlord, or any person which, directly or indirectly, controls Landlord, receiving
“unrelated business taxable income” as defined in the Internal Revenue Code, as amended. 
  

	 	19.	DAMAGES TO PREMISES. 

19.1. Landlord’s Restoration Obligations. If the Building or Premises are damaged by fire or other casualty
(“Casualty”), then Landlord shall repair and restore the Premises to substantially the same condition of the Premises immediately prior to such Casualty, subject to the following terms and conditions: 

 

	 	19.1.1.	Landlord’s duty to repair and restore the Premises shall begin as expeditiously as possible after cessation of such casualty. 

 

	 	19.1.2.	Landlord shall have no obligation to repair and restore Tenant’s trade fixtures, personal or business property, decorations, signs, contents, or any Non-standard
Improvements to the Premises except that such Casualty is caused by Landlords gross negligence. 

 19.2.
Termination of Lease by Landlord. Landlord shall have the option of terminating the Lease if: (i) the Premises is rendered wholly untenantable. If Landlord elects to terminate this Lease, then it shall give notice of the cancellation to
Tenant within sixty (60) days after the date of the Casualty. Tenant shall vacate and surrender the Premises to Landlord as expeditiously as possible after receipt of the notice of termination. 

19.3. Termination of Lease by Tenant. Tenant shall have the option: of terminating the Lease if: (i) Landlord has failed to
substantially restore the damaged Building or Premises within one hundred eighty (180) days of the Casualty (“Restoration Period”); (ii) the Restoration 

  
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Period has not been delayed by force majeure; and (iii) Tenant gives Landlord notice of the termination within fifteen (15) days after the end of the Restoration Period (as
extended by any force majeure delays). If Landlord is delayed by force majeure, then Landlord must provide Tenant with notice of the delays within fifteen (15) days of the force majeure event stating the reason for the
delays and a good faith estimate of the length of the delays. 
 19.4. Tenant’s Restoration Obligations. Unless
terminated, the Lease shall remain in full force and effect and the proceeds of all insurance carried by Tenant on its property shall be held in trust by Tenant for the purposes of such repair, restoration, or replacement. 

19.5. Rent Abatement. If Premises is rendered wholly untenantable by the Casualty, then the Rent payable by Tenant shall be fully
abated. If the Premises is only partially damaged, then Tenant shall continue the operation of Tenant’s business in any part hot damaged to the extent reasonably practicable from the standpoint of prudent business management, and Rent and other
charges shall be abated proportionately to the portion of the Premises rendered untenantable. The abatement shall be from the date of the Casualty until the Premises have been substantially repaired and restored, or until Tenant’s business
operations are restored in the entire Premises, whichever shall first occur. However, if the Casualty is caused by the negligence or other wrongful conduct of Tenant or of Tenant’s subtenants, licensees, contractors, or invitees, or their
respective agents or employees, there shall be no abatement of Rent. 
 19.6. Waiver of Claims. The abatement of the Rent
set forth above is Tenant’s exclusive remedy against Landlord in the event of a Casualty. Tenant hereby waives all claims against Landlord for any compensation or damage for loss of use of the whole or any part of the Premises and/or for any
inconvenience or annoyance occasioned by any Casualty and any resulting damage, destruction, repair, or restoration. 
  

	 	20.	EMINENT DOMAIN. 

 20.1.
Effect on Lease. If all of the Premises are taken under the power of eminent domain (or by conveyance in lieu thereof), then this Lease shall terminate as of the date possession is taken by the condemnor, and Rent shall be adjusted between
Landlord and Tenant as of such date. If only a portion of the Premises is taken and Tenant can continue use of the remainder, then Tenant shall continue the operation of Tenant’s business in any part not taken under the power of eminent domain
to the extent reasonably practicable under prudent business management, and Rent and other charges shall be abated proportionately to the portion of the Premises rendered untenantable. 

20.2. Right to Condemnation Award. Landlord shall be entitled to receive and retain the entire condemnation award for the taking
of the Building and Premises. Tenant shall have no right or claim against Landlord for any part of any award received by Landlord for the taking. Tenant shall have no right or claim for any alleged value of the unexpired portion of this Lease, or
its leasehold estate, or for costs of removal, relocation, business interruption expense or any other damages arising out of such taking. Tenant, however, shall not be prevented from making a claim against the condemning party (but not against
Landlord) for any moving, expenses, loss of profits, or taking of Tenant’s personal properly (other than its leasehold estate) to which Tenant may be entitled; provided that any-such award shall not reduce the amount of the award otherwise
payable to Landlord for the taking of the Building and Premises. 

  
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	 	21.	ENVIRONMENTAL COMPLIANCE. 

21.1. Environmental Laws. The term “Environmental Laws” shall mean all now existing or hereafter enacted or issued
statutes, laws, rules, ordinances, orders, permits and regulations of all state, federal, local and other governmental and regulatory authorities, agencies and bodies applicable to the Premises, pertaining to environmental matters, or regulating,
prohibiting or otherwise having to do with asbestos and all other toxic, radioactive, or hazardous wastes or materials including, but not limited to, the Federal Clean Air Act, the Federal Water Pollution Control Act, and the Comprehensive
Environmental Response, Compensation, and Liability Act of 1980, as from time to time amended. 
 21.2. Tenant’s
Responsibility. Tenant covenants and agrees that it will keep and maintain the Premises at all times in compliance with Environmental Laws. Tenant shall not (either with or without negligence) cause or permit the escape, disposal or release of
any biologically active or other hazardous substances, or materials on the Property. Tenant shall not allow the storage or use of such substances or materials in any manner not sanctioned by law or in compliance with the highest standards prevailing
in the industry for the storage and use of such substances or materials, nor allow to be brought onto the Property any such materials or substances except to use in the ordinary course of Tenant’s business, and then only after notice is given
to Landlord of the identity of such substances or materials. No such notice shall be required, however, for commercially reasonable amounts of ordinary office supplies and janitorial supplies. Tenant shall execute affidavits, representations and the
like, from time to time, at Landlord’s request, concerning Tenant’s best knowledge and belief regarding the presence of hazardous substances or materials on the Premises. Tenant’s obligations under this Section are collectively the
“Tenant’s Environmental Responsibilities.” 
 21.3. Tenant’s Liability. Tenant shall hold Landlord
free, harmless, and indemnified from any penalty, fine, claim, demand, liability, cost, or charge whatsoever which Landlord shall incur, or which Landlord would otherwise incur, by reason of Tenant’s failure to comply with Tenant’s
Environmental Responsibilities, including but not limited to: (i) the cost of full remediation of any contamination to bring the Property into the same condition as prior to the Commencement Date and into full compliance with all Environmental
Laws; (ii) the reasonable cost of all appropriate tests and examinations of the Premises to confirm that the Premises and any other contaminated areas have been remediated and brought into compliance with all Environmental Laws; and
(iii) the reasonable fees and expenses of Landlord’s attorneys, engineers, and consultants incurred by Landlord in enforcing and confirming compliance with Tenant’s Environmental Responsibilities. 

21.4. Limitation on Tenant’s Liability. Tenant’s Environmental Responsibilities shall not apply to any condition or
matter constituting a violation of any Environmental Laws: (i) which existed prior to the commencement of Tenant’s use or occupancy of the Premises; (ii) which was not caused, in whole or in part, by Tenant or Tenant’s subtenants
or any of their agents, employees, contract employee, officers, partners, contractors or invitees; or (iii) to the extent such violation is caused by, or results from the acts or neglects of Landlord or Landlord’s agents, employees,
officers, partners, contractors, guests, or invitees. 

  
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 21.5. Inspections by Landlord. Landlord and its engineers, technicians, and
consultants (collectively the “Auditors”) may, from time to time as Landlord deems appropriate, conduct periodic tests and examinations (“Audits”) of the Premises to confirm and monitor Tenant’s Environmental
Responsibilities. Such Audits shall be conducted in such a manner as to minimize the interference with Tenant’s use of the Premises; however, in all cases, the Audits shall be of such nature and scope as shall be reasonably required by then
existing technology to confirm Tenant’s compliance with Tenant’s Environmental Responsibilities. Tenant shall fully cooperate with Landlord and its Auditors in the conduct of such Audits. The cost of such Audits shall be paid by Landlord
unless an Audit shall disclose a material failure of Tenant to comply with Tenant’s Environmental Responsibilities, in which case the cost of such Audit, and the cost of all subsequent Audits made during the Term and within thirty
(30) days thereafter (not to exceed two (2) such Audits per calendar year), shall be paid by Tenant, on demand. 

21.6. Property. For the purposes of Tenant’s Environmental Responsibilities, the term “Property” shall include the
Premises, Building, all Common Areas, the real estate upon which the Building is located; all personal property (including that owned by Tenant); and the soil, ground water, and surface water of the real estate upon which the Building is located.

 21.7. Tenant’s Liability After Termination of Lease. Tenant’s indemnity obligations and liability with
respect to any of the Tenant’s Environmental Responsibilities shall survive the expiration or termination of this Lease, and shall continue for so long as Landlord and its successors and assigns may be subject to any expense, liability, charge,
penalty, or obligation against which Tenant has agreed to indemnify Landlord. 
 21.8. Landlord’s Liability.
Landlord shall hold Tenant free, harmless, and indemnified from any penalty, fine, claim, demand, liability, cost, or charge whatsoever which Tenant shall incur, or which Tenant would otherwise incur, by reason of Landlord’s failure to comply
with Landlord’s Environmental Responsibilities prior to the Commencement Date, including but not limited to: (i) the cost of full remediation of any contamination and into full compliance with all Environmental Laws; (ii) the
reasonable cost of all appropriate tests and examinations of the Premises to confirm that the Premises and any other contaminated areas have been remediated and brought into compliance with all Environmental Laws; and (iii) if any, the
reasonable fees and expenses of Tenant’s attorneys, engineers, and consultants incurred by Tenant in enforcing and confirming compliance with Tenant’s Environmental Responsibilities. 

 

	 	22.	MOLD. 

 22.1. Presence
of Mold. Tenant acknowledges that (i) mold, mildew, and similar organisms (collectively “mold”) can grow in almost any moist location, especially where excessively humid or moist conditions exist, (ii) some forms of Mold are
considered to be toxic or dangerous to human health, (iii) Mold emits airborne spoors that may be disbursed through the HVAC system, and (iv) Mold may cause certain individuals to experience allergic reactions or other medical conditions,
including respiratory distress and eye irritation. The presence and consequences of any Mold in the Premises is referred to in this Section as “Mold Conditions”. 

  
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 22.2. Mold Prevention Practices. Tenant agrees, at its own expense, to do the
following for the prevention and control of Mold Conditions within the Premises (“Mold Prevention Practices”): 
  

	 	22.2.1.	Adopt and enforce good housekeeping practices and vigilant moisture control within the Premises, and particularly in kitchen areas, janitorial closets, bathrooms, in
and around water fountains and other plumbing facilities and fixtures, break rooms, in and around outside walls, and in and around HVAC systems and associated drains; 

 

	 	22.2.2.	Regularly monitor the Premises for the presence of Mold and any conditions that reasonably can be expected to give rise to or be attributed to Mold including, but not
limited to, observed or suspected instances of water damage, condensation, see page, leaks, or any other water collection or penetration (from any source, internal or external), Mold growth (including mildew), repeated complaints of respiratory
ailments or eye irritation by Tenant’s employees or any other occupants of the Premises, or any notice from a governmental agency of complaints regarding substandard indoor air quality at the Premises; and 

 

	 	22.2.3.	Immediately notify Landlord in writing if Tenant observes, suspects, or has been notified that any Mold Conditions are present in, at, or about the Premises.

 22.3. Remediation. If any Mold Conditions are discovered, Landlord shall have the right to investigate
and remediate the Mold Conditions and to impose additional Mold Prevention Practices on the Tenant at Tenant’s expense. However, provided Tenant is in compliance with 22.2 then all remediation will be at Landlords expense. 

22.4. Tenant Indemnity. Tenant shall indemnify and hold Landlord harmless from any and all liability, claims or damages incurred
by Landlord in connection with any Mold Conditions, including without limitation any third party claims and all costs incurred by Landlord to investigate and remediate any Mold Conditions, unless caused or contributed to by Landlords negligence.

 22.5. Release. [Deleted] 
 22.6. Survival. The Tenant’s indemnity obligations and release with respect to Mold Conditions shall survive the expiration or earlier termination of this Lease. 

 

	 	23.	DEFAULT. 

 23.1.
Tenant’s Default. Tenant shall be in default under this Lease if Tenant: 
  

	 	23.1.1.	Fails to pay when due any (subject to any applicable Grace Period) Base Rent, Additional Rent, or any other sum of money which Tenant is obligated to pay, as provided
in this Lease; 

  
 27 

	 	23.1.2.	Breaches any other agreement, covenant or obligation in this Lease and such breach is not remedied within Thirty (30) days after Landlord gives Tenant notice
specifying the breach, or if such breach cannot, with due diligence, be cured within Thirty (30) days, Tenant does not commence curing within Thirty (30) days and with reasonable diligence completely cure the breach within a reasonable
period of time after the notice; 

  

	 	23.1.3.	Files any petition or action for relief under any creditor’s law (including bankruptcy, reorganization, or similar action), either in state or federal court, or
has such a petition or action filed against it which is not stayed or vacated within sixty (60) days after filing; or 

  

	 	23.1.4.	Makes any transfer in fraud of creditors as defined in Section 548 of the United States Bankruptcy Code (11 U.S.C. 548, as amended or replaced), has a receiver
appointed for its assets (and the appointment is not stayed or vacated within thirty (30) days), or makes an assignment for benefit of creditors. 

 23.2. Landlord’s Remedies. In the event of a Tenant default, Landlord at its option may do one or more of the following: 

 

	 	23.2.1.	Terminate this Lease and recover all damages caused by Tenant’s breach, including consequential damages for lost future rent that would have been due from Tenant;

  

	 	23.2.2.	Repossess the Premises, after terminating, and relet the Premises at the then applicable market rates; 

 

	 	23.2.3.	Bring action for recovery of all amounts due from Tenant; or 

  

	 	23.2.4.	Pursue any other remedy available in law or equity. 

 23.3. Landlord’s Expenses; Attorneys Fees. All reasonable expenses of Landlord in repairing, restoring, or altering the Premises for re-letting as general office or basic research space,
together with leasing fees and all other expenses in seeking and obtaining a new Tenant, shall be charged to and be a liability of Tenant. Landlord’s reasonable attorneys’ fees in pursuing any of the foregoing remedies, or in collecting
any Rent or Additional Rent due by Tenant hereunder, shall be paid by Tenant. Landlord shall use reasonable efforts to mitigate its damages. 
 23.4. Should any re-letting result in Landlord receiving rents in access to the amounts payable under this lease then such amounts shall be offset against the provisions of this clause. 

23.5. Remedies Cumulative. All rights and remedies of Landlord are cumulative, and the exercise of any one shall not be an
election excluding Landlord at any other time from exercise of a different or inconsistent remedy. No exercise by Landlord of any right or remedy granted herein shall constitute or effect a termination of this Lease unless Landlord shall so elect by
notice delivered to Tenant. The failure of Landlord to exercise its rights in connection with 

  
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this Lease or any breach or violation of any term, or any subsequent breach of the same or any other term, covenant or condition shall not be a waiver of such term, covenant or condition or any
subsequent breach of the same or any other covenant or condition. 
 23.6. No Accord and Satisfaction. No acceptance by
Landlord of a lesser sum than the Rent and other sums then due shall be deemed to be other than on account of the earliest installment of such payments due, nor shall any endorsement or statement on any check or any letter accompanying any check or
payment be deemed as accord and satisfaction, and Landlord may accept such check or payment without prejudice to Landlord’s right to recover the balance of such installment or pursue any other remedy provided in this Lease. 

23.7. No Reinstatement. No payment of money by Tenant to Landlord after the expiration or termination of this Lease shall
reinstate or extend the Term, or make ineffective any notice of termination given to Tenant prior to the payment of such money. After the service of notice or the commencement of a suit, or after final judgment granting Landlord possession of the
Premises, Landlord may receive and collect any sums due under this Lease, and the payment thereof shall not make ineffective any notice or in any manner affect any pending suit or any judgment previously obtained. 

23.8. Summary Ejectment. Tenant agrees that in addition to all other rights and remedies, Landlord may obtain an order for summary
ejectment from any court of competent jurisdiction without prejudice to Landlord’s rights to otherwise collect rents or breach of contract damages from Tenant. 
 23.9. Landlord’s Default. Landlord shall be in default under this Lease if Landlord breaches any agreement, covenant or obligation in this Lease and such breach is not remedied within fifteen
(15) days after Tenant gives Landlord written notice specifying the breach, or if such breach cannot, with due diligence, be cured within fifteen (15) days, Landlord does not commence curing within fifteen (15) days and with
reasonable diligence completely cure the breach within a reasonable period of time after the notice. 
 23.10. Tenant’s
Remedies. In the event of a Landlord default, Tenant may, in addition to any remedies available to it at law, cure the default on behalf of Landlord, and the reasonable costs of such cure shall be paid to Tenant by Landlord upon written demand

  

	 	24.	MULTIPLE DEFAULTS. 

 24.1.
Effect on Notice Rights and Cure Periods. Except in the case of late payment of Rent, including Additional Rent, should Tenant default under this Lease on two (2) or more occasions during any twelve (12) month period, in addition to
all other remedies available to Landlord, any notice requirements or cure periods otherwise set forth in this Lease with respect to a default by Tenant shall not apply. 

 

	 	25.	BANKRUPTCY. 

 25.1.
Trustee’s Rights. Landlord and Tenant understand that, notwithstanding contrary terms in this Lease, a trustee or debtor in possession under the United States Bankruptcy Code, as amended, (the “Code”) may have certain rights to
assume or assign this Lease. This Lease shall not be construed to give the trustee or debtor in possession any rights greater than the minimum rights granted under the Code. 

  
 29 

 25.2. Adequate Assurance. Landlord and Tenant acknowledge that, pursuant to the Code,
Landlord is entitled to adequate assurances of future performance of the provisions of this Lease. 
 25.3. Assumption of
Lease Obligations. Any proposed assignee of this Lease must assume and agree to be personally bound by the provisions of this Lease. 
  

	 	26.	NOTICES. 

 26.1.
Addresses. All notices, demands and requests by Landlord or Tenant shall be sent to the Notice Addresses set forth in Section 1.1, or to such other address as a party may specify by duly given notice. 

26.2. Form; Delivery; Receipt. ALL NOTICES, DEMANDS AND REQUESTS WHICH MAY BE GIVEN OR WHICH ARE REQUIRED TO BE GIVEN BY EITHER
PARTY TO THE OTHER MUST BE IN WRITING UNLESS OTHERWISE SPECIFIED. Notices, demands or requests shall be deemed to have been properly given for all purposes if (i) delivered against a written receipt of delivery, (ii) mailed by express,
registered or certified mail of the United States Postal Service, return receipt requested, postage prepaid, or (iii) delivered to a nationally recognized overnight courier service for next business day delivery to the receiving party’s
address as set forth above. Each such notice, demand or request shall be deemed to have been received upon the earlier of the actual receipt or refusal by the addressee or three (3) business days after deposit thereof at any main or branch
United States post office if sent in accordance with subsection (ii) above, and the next business day after deposit thereof with the courier if sent pursuant to subsection (iii) above. 

26.3. Address Changes. The parties shall notify the other of any change in address, which notification must be at least fifteen
(15) days in advance of it being effective. 
 26.4. Notice by Legal Counsel. Notices may be given on behalf of any
party by such party’s legal counsel. 
 27. HOLDING OVER. If Tenant holds over after the Expiration Date or other
termination of this Lease, such holding over shall not be a renewal of this Lease but shall create a tenancy-at-sufferance. Tenant shall continue to be bound by all of the terms and conditions of this Lease, except that during such
tenancy-at-sufferance Tenant shall pay to Landlord (i) Base Rent at the rate equal to one hundred and ten percent (110%) of that provided for as of the expiration or termination date, and (ii) any and all Operating Expenses and other
forms of Additional Rent payable under this Lease. The increased Rent during such holding over is intended to compensate Landlord partially for losses, damages and expenses, including frustrating and delaying Landlord’s ability to secure a
replacement tenant. If Landlord loses a prospective tenant because Tenant fails to vacate the Premises on the Expiration Date or any termination of the Lease after notice to do so, then Tenant will be liable for such damages as Landlord can prove
because of Tenant’s wrongful failure to vacate. In the case that the Tenant has given Landlord 60 days prior written notice of a Hold Over and the Landlord agrees to such Hold Over then the damages and increased Rent of this section shall not
apply. 

  
 30 

	 	28.	RIGHT TO RELOCATE. [Deleted.] 

  

	 	29.	BROKER’S COMMISSIONS. 

29.1. Broker. Each party represents and warrants to the other that it has riot dealt with any real estate broker, finder or other
person with respect to this Lease in any manned except the Brokers identified in Section 1.1. 
 29.2. Landlord’s
Obligation. Landlord shall pay any commissions or fees that are payable to the Brokers with respect to this Lease pursuant to Landlord’s separate agreement with the Brokers. 

29.3. Indemnity. Each party shall indemnify and hold the other party harmless from any and all damages resulting from claims that
may be asserted against the other party by any broker, finder or other person (including, without limitation, any substitute or replacement broker claiming to have been engaged by indemnifying party in the future) other than the Brokers identified
in Section 1.1 claiming to have dealt with the indemnifying party in connection with this Lease or any amendment or extension hereto, or which may result in Tenant leasing other or enlarged space from Landlord. The provisions of this Section
shall survive the termination of this Lease. 
  

	 	30.	MISCELLANEOUS. 

 30.1.
No Agency. Tenant is not, may not become, and shall never represent itself to be an agent of Landlord, and Tenant acknowledges that Landlord’s title to the Building is paramount, and that it can do nothing to affect or impair
Landlord’s title. 
 30.2. Force Majeure. Landlord shall be excused for the period of any delay and shall not be
deemed in default with respect to the performance of any of the terms, covenants and conditions of this Lease when prevented from so doing by force majeure. The term “force majeure” means: fire, flood, extreme weather, labor
disputes, strike, lock-out, riot, acts or threats of terrorism, government interference (including regulation, appropriation or rationing), unusual delay in governmental permitting, unusual delay in deliveries or unavailability of materials,
unavoidable casualties, Act of God, or other causes beyond the Landlord’s reasonable control. 
 30.3. Limitation on
Damages. Notwithstanding any other provisions in this Lease, Landlord shall not be liable to Tenant for any special, consequential, incidental or punitive damages. 
 30.4. Satisfaction of Judgments Against Landlord. [Deleted]. 
 30.5.
Interest. [Deleted]. 

  
 31 

 30.6. Legal Costs. Should either party prevail in any legal proceedings against the
other for breach of any provision in this Lease, then non-prevailing party shall be liable for the costs and expenses of the prevailing party, including its reasonable attorneys’ fees (at all tribunal levels). 

30.7. Sale of Premises or Building. Landlord may sell the Building without affecting the obligations of Tenant hereunder; upon the
sale of the Building, Landlord shall be relieved of all responsibility for the Premises and shall be released from any liability thereafter accruing under this Lease. 
 30.8. Time of the Essence. Time is of the essence in the performance of all obligations under the terms of this Lease 
 30.9. Transfer of Payments. If Tenant has paid any Security Deposit or prepaid any Rent, Landlord may transfer the Security Deposit or prepaid Rent to Landlord’s successor and upon such
transfer, Landlord shall be released from any liability for return of the Security Deposit or prepaid Rent. 
 30.10. Tender
of Premises. The delivery of a key or other such tender of possession of the Premises to Landlord or to an employee of Landlord shall not operate as a termination of this Lease or a surrender of the Premises unless requested in writing by
Landlord. 
 30.11. Tenant’s Financial Statements. Upon request of Landlord, Tenant agrees to furnish to Landlord
copies of Tenant’s most recent annual, quarterly and monthly financial statements, audited if available. The financial statements shall be prepared in accordance with generally accepted accounting principles, consistently applied. The financial
statements shall include a balance sheet and a statement of profit and loss, and the annual financial statement shall also include a statement of changes in financial position and appropriate explanatory notes. Landlord may deliver the financial
statements to any prospective or existing mortgagee or purchaser of the Building. 
 30.12. Recordation. This Lease may
not be recorded without Landlord’s prior written consent. Landlord, upon request of Tenant, agrees to execute a memorandum of this Lease in recordable form, and Tenant may record such memorandum at its cost. The form of the memorandum shall be
subject to Landlord’s reasonable approval. 
 30.13. Partial Invalidity. The invalidity of any portion of this Lease
shall not invalidate the remaining portions of the Lease. 
 30.14. Binding Effect. This Lease shall be binding upon the
respective parties hereto, and upon their heirs, executors, successors and assigns. 
 30.15. Entire Agreement. This
Lease supersedes and cancels all prior negotiations between the parties, and no changes shall be effective unless in writing signed by both parties. Tenant acknowledges and agrees that it has not relied upon any statements, representations,
agreements or warranties except those expressed in this Lease, and that this Lease contains the entire agreement of the parties hereto with respect to the subject matter hereof. 

  
 32 

 30.16. Good Standing. If requested by Landlord, Tenant shall furnish appropriate
legal documentation evidencing the valid existence in good standing of Tenant, and the authority of any person signing this Lease to act for the Tenant. If Tenant signs as a corporation, each of the persons executing this Lease on behalf of Tenant
does hereby covenant and warrant that Tenant is a duly authorized and existing corporation, that Tenant has and is qualified to do business in the State in which the Premises are located, that the corporation has a full right and authority to enter
into this Lease and that each of the persons signing on behalf of the corporation is authorized to do so. If Tenant is a corporation, partnership or other entity, each of the persons signing on behalf of Tenant warrants that all consents or
approvals required of any parties (including but not limited to its Board of Directors or partners) for the execution, delivery and performance of this Lease have been obtained and that Tenant has the right and authority to enter into and perform
its covenants contained in this Lease. 
 30.17. Terminology. The singular shall include the plural, and the masculine,
feminine or neuter includes the other. 
 30.18. Headings. Headings of sections are for convenience only and shall not be
considered in construing the meaning of the contents of such section. 
 30.19. Choice of Law. This Lease shall be
interpreted and enforced in accordance with the laws of Maryland. 
 30.20. Execution. The submission of this Lease to
Tenant for review does not constitute a reservation of or option for the Premises, and this Lease shall become effective as a contract only upon the execution and delivery by both Landlord and Tenant. 

30.21. Approval by Lender and United States Economic Development Agency. Tenant acknowledges that the financing on the Property
has not been concluded and that Lender and or EDA may require material changes in the Lease before making a Loan Commitment or granting necessary approval. If changes are required by Lender or EDA, Tenant agrees to work in good faith with the
Landlord to make necessary modifications in this Lease. 
 31. ADDENDA AND EXHIBITS. The addenda and exhibits listed
below are incorporated into this Lease. 
 31.1. Lease Addendum #1 - “Workletter” 

31.2. Exhibit A - Building and Premises 
 31.3. Exhibit B - Rules and Regulations 
 31.4. Exhibit C -
Janitorial Specifications 
 31.5. Exhibit D - Monthly Rents and Expiration Date 

31.6. Exhibit E - Annual Anticipated Property Tax and Insurance Table 

31.7. Exhibit F - Common Area 

  
 33 

 31.8. Exhibit G- Business Support Area 

31.9. Exhibit H - Building Standard Improvements 
 [REMAINDER OF PAGE INTENTIONALLY LEFT BLANK 
 SIGNATURE BLOCKS ON NEXT
PAGE] 

  
 34 

 IN WITNESS WHEREOF, Landlord and Tenant have executed this Lease as of the Effective Date.

  

			
	 LANDLORD:
  

ALLEGANY RESEARCH PROPERTIES, LLC

		
	By:	 	 /s/ Carl Beurbe

	Name:	 	Carl Beurbe
	Title:	 	Managing Member

  

					
	STATE OF MARYLAND	  	)	  	
	           Allegany    	  	) TO WIT:	  	
	COUNTY/CITY OF Cumberland	  	)	  	

 I HEREBY CERTIFY that on this 6th day of February, 2007, before me, the subscriber, a Notary
Public of the State of Maryland and County/City of Cumberland, personally appeared before me Carl Belt,                     , of Allegany
Research Properties, LLC, and acknowledged the foregoing Lease to be the act and deed of said Limited Liability Company. 

WITNESS my hand and notarial seal. 
  

	
	 /s/ Mary Jo Henton

	 Notary Public

 My Commission Expires 8/7/07. 
  

			
	 TENANT:

 
 INFOSPHERIX
INCORPORATED

		
	By:	 	 /s/ Richard C. Levin

	Name:	 	Richard C. Levin
	Title:	 	President

  

					
	STATE OF MARYLAND	  	)	  	
	           Allegany    	  	) TO WIT:	  	
	COUNTY/CITY OF Cumberland	  	)	  	

 I HEREBY CERTIFY that on this 6th day of February, 2007, before me, the subscriber, a Notary Public of the State
of Maryland and County/City Cumberland personally appeared before me Richard Levin,                     , of InfoSpherix Incorporated, and
acknowledged the foregoing Lease to be the act and deed of said corporation 
 WITNESS my hand and notarial seal. 

 

	
	 /s/ Mary Jo Henton

	Notary Public

 My Commission Expires 8/7/07.

  
 35 

 LEASE ADDENDUM #1 

WORKLETTER 
 This Lease Addendum #1 (the “First Addendum” or “Workletter”) sets forth the rights and obligations of Landlord and Tenant with respect to space planning and preparing final
construction drawings, and the construction and installation of any improvements to the Premises (not included in the base Building finishes) to be completed before the Commencement Date (“Tenant Improvements”). 

Landlord and Tenant mutually agree to the following: 
 1. Allowance. Landlord agrees to provide Tenant with the allowance identified in Section 1.1 of the Lease (“Allowance”) to design, and construct the Tenant Improvements.
Tenant shall be fully responsible for all Tenant Improvement costs that exceed the Allowance. 
 2. Base Building.
Landlord’s base Building finishes (“Base Building Finishes”) will consist of: 
 a. An energy
efficient HVAC system similar to those associated with typical Class A buildings in the region, 
 b. One
(1) VAV per 1,000 square feet wired with DDC controls, 
 c. Six (6) watts/square foot low voltage
throughout the space, 
 d. Parabolic lights at one per 80 square feet, 

e. Reveal edge tiles and ceiling grid. 
 Tenant may elect not to receive the Landlord’s Base Building Finishes in the Premises, in which case the cost of such finishes will be added to the Allowance. 

 

	 	3.	Plans. 

 a. On Tenant’s behalf, Landlord shall select architects and engineers (collectively “Architect”), who will do the following at Tenant’s expense (which expense shall be deducted from
the Allowance): 
 i. Attend a reasonable number of meetings with Tenant and Landlord’s agent to define
Tenant’s requirements for the Tenant Improvements. 
 ii. Provide a space plan (“Space Plan”) for
Tenant’s review and approval. 
 iii. Complete construction drawings for Tenant’s partition layout,
reflected ceiling grid, telephone and electrical outlets, keying, and finish schedule (“Construction Drawings”) based on the Space Plan. 

  
 36 

 iv. Complete building standard mechanical plans where necessary (for
installation of air conditioning system and duct work, and heating and electrical facilities) for the work to be done in the Premises (“Mechanical Drawings”) (the Space Plan, Construction Drawings and Mechanical Drawings are collectively
referred to as the “Plans”). 
 b. Tenant shall review and provide comments to or approve the Space
Plan, in writing, within five (5) business days after receipt. Any Tenant delay in reviewing the Space Plan shall not delay the Commencement Date under the Lease. 

c. Tenant also review and provide comments or approve the Construction Drawings and Mechanical Drawings within five
(5) business days after receipt. Failure to provide any comments to the Construction Drawings or Mechanical Drawings within five (5) business days after receipt shall constitute Tenant’s approval of such Construction Drawings or
Mechanical Drawings. 
 d. All Plans (and any modifications to the Plans) shall be subject to Landlord’s
prior written approval. Landlord agrees that it will not unreasonably withhold its approval of the Plans, or modifications to the Plans; provided, however, Landlord shall have sole and absolute discretion to approve or disapprove any Tenant
Improvements that will be visible to the exterior of the Premises, or which may affect the structural integrity of the Building. Any approval of the Plans by Landlord shall not constitute approval of any delays caused by Tenant and shall not be
deemed a waiver of any rights or remedies that may arise as a result of such delays. Landlord may condition its approval of the Plans on Tenant paying rent prior to completion of the Tenant Improvements, if the Plans require special design elements
or materials that would cause Landlord to deliver possession of the Premises to Tenant after the scheduled Commencement Date. 
  

	 	4.	Tenant Responsibility for Plans and Plan Delivery Date. 

a. Tenant acknowledges that the Architect is acting on behalf of the Tenant with respect to the Plans for the Tenant
Improvements, and that Tenant (not Landlord) is responsible for the content of the Plans and the timely completion of the Plans. 
 b. Tenant covenants and agrees to deliver to Landlord final Plans approved by Tenant on or before the Tenant Plan Delivery Date identified in Section 1.1 of the Lease. Time is of the essence in the
delivery of the final Plans. It is vital, that the final Plans be delivered to Landlord by the Tenant Plan Delivery Date in order to allow Landlord sufficient time to review such Plans, to discuss with Tenant any changes therein which Landlord
believes to be necessary or desirable, to enable the Contractor to prepare an estimate of the cost of the Tenant Improvements, to obtain required permits, and to substantially complete the Tenant Improvements within the time frame provided in the
Lease. 
 5. Construction of Tenant Improvements. On Tenant’s behalf, Landlord shall select a licensed
general contractor or contractors (the “Contractor”) to construct and install the Tenant Improvements in accordance with the Plans (the “Work”) at Tenant’s expense (which

  
 37 

 
expense shall be deducted from the Allowance). The Contractor shall be subject to the reasonable approval of the Tenant. Landlord shall coordinate and facilitate all communications between Tenant
and the Contractor. 
 a. Prior to commencing Work, Landlord shall submit to Tenant in writing the cost of the
Work, which shall include (i) the Contractor’s cost for completing the Work (including the Contractor’s general conditions, overhead and profit) and (ii) a Construction Supervision Fee in the amount set forth in Section 1.1
of the Lease to be paid to Landlord to manage and oversee the work to be done on Tenant’s behalf. Tenant shall have five (5) business days to review and approve the cost of the Work. Landlord shall not authorize the Contractor to proceed
with the work until the cost is mutually agreed upon and approved in writing and delivered to Landlord. 
 b. Any
changes in the approved cost of the Work shall be by written change order signed by the Tenant. Tenant agrees to process change orders in a timely fashion. Tenant acknowledges that the following items may result in change orders: 

i. Municipal or other governmental inspectors that require changes to the Premises such as additional exit lights, fire
damper or whatever other changes they may require. In such event, Landlord will notify the Tenant of the required changes, but the cost of such changes and any delay associated with such changes shall be the responsibility of the Tenant. 

ii. Tenant makes changes to the Plans or requests additional work. Tenant will be notified of the cost and any delays that
would result from the change by a change order signed by Tenant before the changes are implemented. 
 iii. Any
errors or omissions in the Plans or specifications which require changes. Landlord will notify the Tenant of the required changes, but the cost of such changes and any delay associated with such changes shall be the responsibility of the Tenant.

 iv. Materials are not readily available, require quick ship charges, or require substitution. 

v. The Tenant Improvement schedule requires Express Review to get permits, which will increase the costs of the permitting
process. 
 6. Signage and Keys. Landlord shall provide the following in accordance with building standards at
Tenant’s Expense (which expense may be deducted from the Allowance); (i) door and directory signage; (ii) two (2) keys to entrance door; and (iii) enough access cards to accommodate Tenant and Tenant’s employees on the
Commencement Date. Additional access cards will be charged to Tenant, whether for new employees or for loss or replacement. Access cards are $25.00 each and subject to increase based on cost. 

  
 38 

	 	7.	Commencement Date. 

a. The Commencement Date shall be the date when the Work has been substantially completed (excluding items of work and adjustment of
equipment and fixtures that can be completed after the Premises are occupied without causing material interference with Tenant’s use of the Premises - i.e., “punch list items”), and the Landlord delivers possession of the Premises to
Tenant in accordance with the terms of the Lease. 
 b. Notwithstanding the foregoing, if Landlord shall be delayed in
delivering possession of the Premises as a result of: 
 i. Tenant’s failure to approve the Space Plan
within the time specified; 
 ii. Tenant’s failure to furnish to Landlord the final Plans on or before the
Tenant Plan Delivery Date; 
 iii. Tenant’s failure to approve Landlord’s cost estimates within the
time specified; 
 iv. Tenant’s failure to timely respond to change orders; 

v. Tenant’s request for changes in or modifications to the Plans subsequent to the Tenant Plan Delivery Date
(regardless whether such requests are approved or implemented); 
 vi. Tenant’s changes in the Plans or Work
(notwithstanding Landlord’s approval of any such changes); 
 vii. Inability to obtain materials, finishes
or installations requested by Tenant that are not part of the Building Standard Improvements; 
 viii. The
performance of any work by any person, firm or corporation employed or retained by Tenant; or 
 ix. Any other
act or omission by Tenant or its agents, representatives, and/or employees; 
 then, in any such event, for purposes of
determining the Commencement Date, the Premises shall be deemed to have been delivered to Tenant on the date that the Architect determines that the Premises would have been substantially completed and ready for delivery if such delay or delays had
not occurred. 
 8. Tenant Improvement Expenses in Excess of the Allowance. Tenant agrees to pay to Landlord all
costs and expenses incurred in connection with the Tenant Improvements in excess of the Allowance within ten (10) days after receipt of Landlord’s invoice. 

  
 39 

	 	9.	Warranties. 

 a. Landlord shall select a Contractor who will agree (i) that all Work shall be performed in a good and workmanlike manner and in accordance with all applicable laws and regulations and with the
final approved Plans, and (ii) to provide Tenant a one-year warranty from the date of delivery of the Premises, transferable to Tenant, for defective workmanship and materials. 

b. All manufacturers’ and builders’ warranties with respect to the Work shall be issued to or transferred to
Tenant, without recourse to the Landlord. 
 c. Landlord shall not be liable to Tenant for any defects in the
Plans or construction of the Tenant Improvements. 
 d. Tenant shall repair or correct any defective work or
materials installed by Tenant or any person, firm or corporation employed or retained by Tenant, or any work or materials that prove defective as a result of any act or omission of Tenant or any of its employees, agents, invitees, licensees,
subtenants, customers, clients, or guests. 
 10. Inspection of Premises: Possession by Tenant. Prior to taking
possession of the Premises, Tenant and Landlord shall inspect the Premises and Tenant shall give Landlord notice of any defects or incomplete work (“Punchlist”). Tenant’s possession of the Premises constitutes acknowledgment by Tenant
that the Premises are in good condition, as can be reasonably inspected, and that all work and materials provided by Contractor are satisfactory as of such date of occupancy, except as to (i) any defects or incomplete work set forth in the
Punchlist, (ii) latent defects, and (iii) any equipment that is used seasonally if Tenant takes possession of the Premises during a season when such equipment is not in use. 

11. Access During Construction. During construction of the Tenant Improvements and with prior approval of Landlord, Tenant
shall be permitted reasonable access to the Premises for the purposes of taking measurements, making plans, installing trade fixtures, and doing such other work as may be appropriate or desirable to enable Tenant to assume possession of and operate
in the Premises; provided, however, that such access does not interfere with or delay construction work on the Premises and does not include moving furniture or similar items into the Premises. Prior to any such entry, Tenant shall comply with all
insurance provisions of the Lease. All waiver and indemnity provisions of the Lease shall apply upon Tenant’s entry of the Premises. 

  
 40 

 EXHIBIT A 
 BUILDING AND PREMISES 

 

 

 Exhibit A Premises Page 1 

  
 41 

 

 

 Exhibit A Premises Page 2 

  
 42 

 Exhibit A Page 3 Building and Grounds 

 

] 

  
 43 

 EXHIBIT B 
 RULES AND REGULATIONS 
  

	1.	Access to Building. On Saturdays, Sundays, Holidays and weekdays between the hours of 6:00 P.M. and 7:00 A.M., access to the Building and/or to the
halls, corridors, elevators or stairways in the Building may be restricted and access shall be gained by use of a key or electronic card to the outside doors of the Buildings. Landlord may from time to time establish security controls for the
purpose of regulating access to the Building. Tenant shall be responsible for providing access to the Premises for its agents, employees, contract employees, invitees and guests at times access is restricted, and shall comply with all such security
regulations so established. 

  

	2.	Protecting Premises. The last member of Tenant to leave the Premises shall close and securely lock all doors or other means of entry to the Premises and shut off
all lights and equipment in the Premises. 

  

	3.	Building Directories. The directories for the Building in the form selected by Landlord shall be used exclusively for the display of the name and location of
tenants. Any additional names and/or name change requested by Tenant to be displayed in the directories must be approved by Landlord and, if approved, will be provided at the sole expense of Tenant. 

 

	4.	Large Articles. Furniture, freight and other large or heavy articles may be brought into the Building only at times and in the manner designated by Landlord and
always at Tenant’s sole responsibility. All damage done to the Building, its furnishings, fixtures or equipment by moving or maintaining such furniture, freight or articles shall be repaired at Tenant’s expense. 

 

	5.	Signs. Except as permitted by Section 10 of the attached Lease, Tenant shall not paint, display, inscribe, maintain or affix any sign, placard, picture,
advertisement, name, notice, lettering or direction on any part of the outside or inside of the Building, or on any part of the inside of the Premises which can be seen from the outside of the Premises, including windows and doors, without the
written consent of Landlord, and then only such name or names or matter and in such color, size, style, character and material as shall be first approved by Landlord in writing. Landlord, without notice to Tenant, reserves the right to remove, at
Tenant’s expense, all matters other than that provided for above. 

  

	6.	Compliance with Laws. Tenant shall comply with all applicable laws, ordinances, governmental orders or regulations and applicable orders or directions from any
public office or body having jurisdiction, whether now existing or hereinafter enacted with respect to the Premises and the use or occupancy thereof. Tenant shall not make or permit any use of the Premises which directly or indirectly is forbidden
by law, ordinance, governmental regulations or order or direction of applicable public authority, which may be dangerous to persons or property or which may constitute a nuisance to other tenants. 

  
 44 

	7.	Hazardous Materials. Tenant shall not use or permit to be brought into the Premises or the Building any flammable oils or fluids, or any explosive or other
articles deemed hazardous to persons or property, or do or permit to be done any act or thing which will invalidate, or which, if brought in, would be in conflict with any insurance policy covering the Building or its operation, or the Premises, or
any part of either, and will not do or permit to be done anything in or upon the Premises, or bring or keep anything therein, which shall not comply with all rules, orders, regulations or requirements of any organization, bureau, department or body
having jurisdiction with respect thereto (and Tenant shall at all times comply with all such rules, orders, regulations or requirements), or which shall increase the rate of insurance on the Building, its appurtenances, contents or operation.

  

	8.	Defacing Premises and Overloading. Tenant shall not place anything or allow anything to be placed in the Premises near the glass of any door, partition, wall or
window that may be unsightly from outside the Premises. Tenant shall not do any painting or decorating in the Premises or install any floor coverings in the Premises or make, paint, cut or drill into, or in any way deface any part of the Premises or
Building without in each instance obtaining the prior written consent of Landlord. Tenant shall not overload any floor or part thereof in the Premises, or any facility in the Building or any public corridors or elevators therein by bringing in or
removing any large or heavy articles and Landlord may direct and control the location of safes, files, and all other heavy articles and, if considered necessary by Landlord may require Tenant at its expense to supply whatever supplementary supports
necessary to properly distribute the weight. 

  

	9.	Obstruction of Public Areas. Tenant shall not, whether temporarily or otherwise, allow anything to remain in, place or store anything in, or obstruct in any way,
any sidewalk, court, hall, passageway, entrance, or shipping area. Tenant shall lend its full cooperation to keep such areas free from all obstruction and in a clean and sightly condition, and move all supplies, furniture and equipment as soon as
received directly to the Premises, and shall move all such items and waste (other than waste customarily removed by Building employees) that are at any time being taken from the Premises directly to the areas designated for disposal. All courts,
passageways, entrances, exits, elevators, escalators, stairways, corridors, halls and roofs are not for the use of the general public and Landlord shall in all cases retain the right to control and prevent access thereto by all persons whose
presence, in the judgment of Landlord, shall be prejudicial to the safety, character, reputation and interest of the Building and its tenants; provided, however, that nothing herein contained shall be construed to prevent such access to persons with
whom Tenant deals within the normal course of Tenant’s business so long as such persons are not engaged in illegal activities. 

  

	10.	Additional Locks. Tenant shall not attach, or permit to be attached, additional locks or similar devices to any door or window, change existing locks or the
mechanism thereof, or make or permit to be made any keys for any door other than those provided by Landlord. Upon termination of this Lease or of Tenant’s possession, Tenant shall immediately surrender all keys to the Premises.

  
 45 

	11.	Communications or Utility Connections. If Tenant desires signal, alarm or other utility or similar service connections installed or changed, then Tenant shall
not install or change the same without the approval of Landlord, and then only under direction of Landlord and at Tenant’s expense. Tenant shall not install in the Premises any equipment which requires a greater than normal amount of electrical
current for the permitted use without the advance written consent of Landlord. Tenant shall ascertain from Landlord the maximum amount of load or demand for or use of electrical current which can safely be permitted in the Premises, taking into
account the capacity of the electric wiring in the Building and the Premises and the needs of other tenants in the Building, and Tenant shall not in any event connect a greater load than that which is safe. 

 

	12.	Office of the Building. Service requirements of Tenant will be attended to only upon application at the office of the Property Manager. Employees of Landlord
shall not perform, and Tenant shall not engage them to do any work outside of their duties unless specifically authorized by Landlord. 

  

	13.	Restrooms. The restrooms, toilets, urinals, vanities and the other apparatus shall not be used for any purpose other than that for which they were constructed,
and no foreign substance of any kind whatsoever shall be thrown therein. The expense of any breakage, stoppage or damage resulting from the violation of this rule shall be borne by the Tenant whom, or whose employees or invitees, shall have caused
it. 

  

	14.	Intoxication. Landlord reserves the right to exclude or expel from the Building any person who, in the judgment of Landlord, is intoxicated, or under the
influence of liquor or drugs, or who in any way violates any of the Rules and Regulations of the Building. 

  

	15.	Nuisances and Certain Other Prohibited Uses. Tenant shall not (a) install or operate any internal combustion engine, boiler, machinery, refrigerating,
heating or air conditioning apparatus in or about the Premises; (b) engage in any mechanical business, or in any service in or about the Premises or Building, except those ordinarily embraced within the Permitted Use; (c) use the Premises
for housing, lodging, or sleeping purposes; (d) Place a musical or sound producing instrument or device inside or outside the Premises which may be heard outside the Premises; (e) use any power source for the operation of any equipment or
device other than batteries or electricity; (f) operate any electrical device from which may emanate waves that could interfere with or impair radio or television broadcasting or reception from or in the Building or elsewhere; (g) bring or
permit to be in the Building any bicycle, other vehicle, dog (except in the company of a blind person), other animal or bird; (h) make or permit any objectionable noise or odor to emanate from the Premises; (i) disturb, harass, solicit or
canvass any occupant of the Building; (j) do anything in or about the Premises which could be a nuisance or tend to injure the reputation of the Building; (k) allow any firearms in the Building or the Premises. 

 

	16.	Solicitation. Deleted. 

  

	17.	Energy Conservation. Tenant shall not waste electricity, water, heat or air conditioning and agrees to cooperate fully with Landlord to insure the most effective
operation of the Building’s heating and air conditioning, and shall not allow the adjustment (except by Landlord’s authorized Building personnel) of any controls. 

  
 46 

	18.	Building Security. At all times other than Normal Building Operating Hours the exterior Building doors and suite entry door(s) must be kept locked to assist in
security. Problems in Building and suite security should be directed to the Property Manager. 

  

	19.	Parking. Parking is in designated parking areas only. There shall be no vehicles in “no parking” zones or at curbs. Handicapped spaces are for
handicapped persons only and the Police Department will ticket unauthorized (unidentified) cars in handicapped spaces. Landlord reserves the right to remove vehicles that do not comply with the Lease or these Rules and Regulations and Tenant shall
indemnify and hold harmless Landlord from its reasonable exercise of these rights with respect to the vehicles of Tenant and its employees, agents and invitees. 

 

	20.	Janitorial Service. The janitorial staff will remove all trash from trashcans in the Common Areas. Any container or boxes left in hallways or apparently
discarded unless clearly and conspicuously labeled DO NOT REMOVE may be removed without liability to Tenant. Any large volume of trash resulting from delivery of furniture equipment, etc., should be removed by the delivery company or Tenant.
Janitorial service will be provided by Landlord for the Common Areas after hours five (5) days a week. Tenant shall provide comparable service for the Remises. 

 

	21.	Construction. Tenant shall make no structural or interior alterations of the Premises. All structural and nonstructural alterations and modifications to the
Premises shall be coordinated through Landlord as outlined in the Lease. Completed construction drawings of the requested changes are to be submitted to Landlord or its designated agent for pricing and construction supervision.

  

	22.	After Hours HVAC. All requests for non-Normal Building Operating Hours air conditioning or heating must be submitted in writing by Tenant’s authorized
representative to Landlord or its Property Manager. A list of persons authorized to request non-Normal Building Operating Hours air conditioning and heating services (and any amendments to such list) will be furnished by Tenant to Landlord and
Landlord shall be entitled to rely on such list. Any such request must be made by 3:00 p.m. on the day desired for weekday requests, by 3:00 p.m. on Friday for weekend requests and by 3:00 p.m. on the preceding business day for
Holiday requests. Requests made after that time shall result in an additional charge to Tenant specified in Section 1.1 of the Lease, but Landlord is in no event obligated to act on untimely requests. 

 

	23.	After Hours Access Authorization. An “After Hours Access Authorization” form (to be supplied by Landlord or Landlord’s property) is required for
the following: (a) access to Building mechanical, telephone or electrical rooms; (b) non-Normal Building Operating Hours service elevator use; and (c) non-Normal Building Operating Hours Building access by Tenant’s contractors
(please note that Tenant is responsible for contacting Landlord’s Property Manager in advance for clearance of any such contractors). 

  
 47 

	24.	After Hours Access Card. On weekends, Holidays and during non-Normal Building Operating Hours, the Building is accessible only by electronic access card readers.
Tenant is responsible for requesting from Landlord or Landlord’s Property Manager access cards for its employees. On or before the Commencement Date, Landlord or its Property Manager will provide Tenant with a card for each employee of Tenant.
Any replacement cards requested by Tenant shall be invoiced to Tenant at Landlords cost per card, subject to adjustment based on the cost to Landlord. 

  
 48 

 EXHIBIT C 
 JANITORIAL SPECIFICATIONS 
 RESTROOMS 

Services performed nightly: 
  

	
	 •    Empty and clean (when necessary) all waste receptacles, transport waste paper and rubbish to the
designated area. Replace all liners nightly.

	
	 •    Wash and disinfect all basins, urinals and bowls using nonabrasive cleaners to remove stains and
clean undersides of rim on urinals and bowls. Wash both sides of toilet seats.

	
	 •    Clean all mirrors, bright work, and enameled surfaces.

	
	 •    Spot clean all partitions, tile walls, doors and outside surfaces of all dispensers and
receptacles. Damp wipe all lavatory tops and remove water spots from wall surfaces next to dispensers/receptacles. Spot clean around light fixtures.

	
	 •    Clean flushometers, piping and other metal. Do not leave oily finish.

	
	 •    Fill toilet tissue, soap, towel and sanitary napkin dispensers. Do not place any extra supplies
on top of dispenser or counter top. Do not install adjacent rolls of toilet paper in opposite direction.

	
	 •    Sweep, wet mop, and thoroughly rinse floor. Clean all corners and edges to prevent dirt buildup.
Do not leave standing water on the floor. Spot clean door frames as necessary.

	
	 •    Clean and sanitize mouths of all trash cans and sanitary dispensers.

	
	 •    Dust all doors.

Services performed as necessary or in the frequency stated: 

 

	
	 •    Scrub all floors at least monthly - intent is to prevent buildup of dirt in
grout.

	
	 •    Thoroughly wash all partitions at least monthly.

	
	 •    Dust all walls at least quarterly.

	
	 •    Wash all walls at least annually.

	
	 •    Clean light fixtures at least annually.

	
	 •    Clean air vent grills at least quarterly,

	
	 •    Clean soap dispensers at least quarterly.

It is the intention to keep the restrooms thoroughly clean and not to use a disinfectant or deodorant to kill odor. Disinfectants must be odorless. Use
of abrasive cleaners or products that may damage any surface are not permitted. 
 ELEVATORS 

Services performed nightly: 
  

	
	 •    Spot clean walls taking care not to damage surfaces.

	
	 •    Dust or damp wipe metal finishes and return panels.

	
	 •    Clean and polish all thresholds.

	
	 •    Carpet floors; clean edges and vacuum.

  
 49 

	
	 •    Tiles surfaces: sweep & damp mop. Do not use excessive water.

	
	 •    Spot clean hall side of doors, frame and hall call stations.

	
	 •    Service elevators - sweep and damp mop floors.

	
	 Services performed, as necessary:

	
	 •    Dust ceiling.

	
	 •    Wash hall side of doors and frame.

	
	 •    Dust woodwork.

 LOBBY 
 Services performed nightly: 

 

	
	 •    Damp mop tile surfaces. Do not use excessive water.

	
	 •    Clean all edges and corners.

	
	 •    Clean glass doors.

	
	 •    Clean and polish all transoms, metal doors, door frames, etc.

	
	 •    Dust fixtures, furnishings and other horizontal surfaces.

	
	 •    Spot clean fingerprints off directory board. Dust interior panels.

	
	 •    Clean surfaces of security console.

	
	 •    Spot clean all walls.

Services performed as necessary or in the frequency stated: 

 

	
	 •    Dust or wash wall surfaces as appropriate.

	
	 •    Dust woodwork.

	
	 •    Clean all air diffusers/grills.

COMMON AREAS (including back retail hallway, smoking lounge and mailroom) 

Services performed nightly: 
  

	
	 •    Sweep/vacuum/damp mop as indicated by type of flooring.

	
	 •    Spot clean carpet

	
	 •    Spot clean walls

	
	 •    Remove any clearly marked trash and debris

	
	 •    Clean and sanitize drinking fountains, follow with stainless steel cleaner, as needed, taking
care not to leave any oily residue.

	
	 •    Spray wipe exterior finish of elevator call fixtures.

Services performed as necessary or in the frequency stated: 

 

	
	 •    Dust all suite entrance doors; apply appropriate oil to wood doors no less than
annually.

  
 50 

 FREIGHT ELEVATOR VESTIBULES 

Services performed nightly: 
  

	 	•	 	 Sweep and damp mop nightly. 

  

	 	•	 	 Clean/wash transoms high and low. 

  

	 	•	 	 Clean prints and marks from doors. 

  

	 	•	 	 Spray wipe exterior finish of elevator call fixtures. 

 

	 	•	 	 Spot clean walls. 

  

	 	•	 	 Clean elevator entrance frames. 

 JANITORIAL STAGING AREAS 
 Services performed as necessary or in
the frequency stated: 
  

	 	•	 	 Maintain all janitorial areas in a clean, neat and orderly condition at all times. 

 

	 	•	 	 Maintain office and staging area in same fashion as tenant office areas 

 

	 	•	 	 Keep all paper supplies elevated off the floor. 

  

	 	•	 	 Utilize shelving for chemicals. 

  

	 	•	 	 Re-stage brooms, mops and other equipment on a wall hanger at the end of a shift. 

LOADING DOCK 

Services performed nightly: 
  

	 	•	 	 Remove all trash and debris and bring it to designated area. 

 

	 	•	 	 Sweep dock area. Spot clean spills. Damp mop dock area weekly. 

 

	 	•	 	 Clean and polish ash urn - replace sand as necessary. 

 SIDEWALKS 
 Service performed nightly: 

 

	 	•	 	 Police for trash - all areas including planting beds and along curb. 

 

	 	•	 	 Straighten furniture. 

  

	 	•	 	 Remove gum 

 ALL
COMMON AREAS 
 Upon completion of nightly duties, the floor supervisors will ensure that all common areas have been
cleaned and left in a neat and orderly condition, all lights have been turned off, and all areas properly secured. Supervisors will be responsible for completing a Nightly Supervisor Checklist which details any problems encountered during the course
of cleaning either the tenant space or public areas. 

  
 51 

 DAY STAFF RESPONSIBILITIES WILL INCLUDE, BUT ARE NOT LIMITED TO 

 

	 	•	 	 Re-stock men’s and women’s restrooms twice daily. Wipe down and clean all lavatory tops and fixtures. Patrol restrooms, removing paper/trash
on floor. Report problems to the Property Manager. 

  

	 	•	 	 Vacuum elevator cab at least two (2) times daily. Remove all smudges and fingerprints from metal surfaces of interior cab.

  

	 	•	 	 Constantly survey the lobby, common areas and sidewalk to ensure cleanliness. Clean up spills. Spot mop as required. Remove fingerprints from door
glass and metal surfaces at least three (3) times daily. Clean trash from tree grates and planters. 

  

	 	•	 	 Clean exterior entrance glass and entrance doors at least three (3) times daily. 

 

	 	•	 	 Patrol loading dock hallway, loading dock area and other backstage areas for trash at least (2) times daily. 

 

	 	•	 	 Perform all special cleaning needs of individual tenants as authorized by the Property Manager. 

 

	 	•	 	 Perform all specific duties as detailed in the job description and any others as requested, from time to time, by the Property Manager.

  

	 	•	 	 Maintain paper supply inventory for submittal to Property Manager. 

 

	 	•	 	 Patrol smoking areas for trash. Empty ash urns. Vacuum as necessary throughout the day. 

 

	 	•	 	 Utility person will be responsible for replacing all building standard lamps as needed. 

All duties noted above may be performed at any time regardless of frequency schedule if determined necessary by Property Manager. 

  
 52 

 EXHIBIT D 
 MONTHLY RENTS AND TERMS 
  

																																																									
	 Fiscal Year: 1 Dec. – 30 Nov.
	   

	 Base Year Rent:
	   

		  				  	 	Area 	#C 	 	 	9,325	  	  	 	sq. ft.	  	  	 	Area 	#B 	 	 	9,994	  	  	 	sq. ft.	  	  	 	Area 	#D 	 	 	9,633	  	  	 	sq. ft.	  	  	 	Area 	#A 	 	 	3,471	  	  	 	sq. ft.	  	  	 	Total Area	* 
		  				  				 				  				  				 				  				  	 	Dining	  	 	 	1,000	  	  				  				 				  				  			
	 Final
	  				  	 	Area 	#1 	 	 	9,325	  	  	 	sq. ft.	  	  	 	Area 	#2 	 	 	9,994	  	  	 	sq. ft.	  	  	 	Area 	#3 	 	 	10,633	  	  	 	sq. ft.	  	  	 	Area 	#4 	 	 	3,471	  	  	 	sq. ft.	  	  	 	33,423	  
															
	Year	  	Fiscal
Year	 	  	Term	 	 	Rent
Per S.F.	 	  	Area #1
Rent	 	  	Term	 	 	Rent
Per S.F.	 	  	Area #2
Rent	 	  	Term	 	 	 Rent
 Per S.F.
	 	  	Area #3
Rent	 	  	Term	 	 	Rent
Per S.F.	 	  	Area #4
Rent	 	  	 Total
 Base Rent
	 
	 1
	  	 	2007	  	  	 	10	  	 	$	15.88	  	  	$	148,081	  	  	 	10	  	 	$	15.88	  	  	$	158,705	  	  	 	7	  	 	$	15.88	  	  	$	168,852	  	  	 	4	  	 	$	15.88	  	  	$	55,119	  	  	$	530,757	  
	 2
	  	 	2008	  	  				 	$	16.36	  	  	$	152,523	  	  				 	$	16.36	  	  	$	163,466	  	  				 	$	16.36	  	  	$	173,918	  	  				 	$	16.36	  	  	$	56,773	  	  	$	546,680	  
	 3
	  	 	2009	  	  				 	$	16.85	  	  	$	157,099	  	  				 	$	16.85	  	  	$	168,370	  	  				 	$	16.85	  	  	$	179,135	  	  				 	$	16.85	  	  	$	58,476	  	  	$	563,080	  
	 4
	  	 	2010	  	  				 	$	17.35	  	  	$	161,812	  	  				 	$	17.35	  	  	$	173,421	  	  				 	$	17.35	  	  	$	184,509	  	  				 	$	17.35	  	  	$	60,231	  	  	$	579,973	  
	 5
	  	 	2011	  	  				 	$	17.87	  	  	$	166,666	  	  				 	$	17.87	  	  	$	178,624	  	  				 	$	17.87	  	  	$	190,044	  	  				 				  				  	$	535,334	  
	 6
	  	 	2012	  	  				 	$	18.41	  	  	$	171,666	  	  				 	$	18.41	  	  	$	183,982	  	  				 	$	18.41	  	  	$	195,746	  	  				 				  				  	$	551,395	  
	 7
	  	 	2013	  	  				 	$	18.96	  	  	$	176,816	  	  				 	$	18.96	  	  	$	189,502	  	  				 	$	18.96	  	  	$	201,618	  	  				 				  				  	$	567,936	  
	 8
	  	 	2014	  	  				 	$	19.53	  	  	$	182,121	  	  				 	$	19.53	  	  	$	195,187	  	  				 				  				  				 				  				  	$	377,308	  
	 9
	  	 	2015	  	  				 	$	20.12	  	  	$	187,585	  	  				 	$	20.12	  	  	$	201,042	  	  				 				  				  				 				  				  	$	388,627	  
	 10
	  	 	2016	  	  				 	$	20.72	  	  	$	193,212	  	  				 	$	20.72	  	  	$	207,074	  	  				 				  				  				 				  				  	$	400,286	  

  

	*	Area #3 includes 1,000 sq. ft. of rentable area in the dining room which is rentable area located outside of the Premises. 

  
 53 

 

 

 Exhibit D Monthly Rent and Terms - Page 2 

  
 54 

 EXHIBIT E 
 ANNUAL ANTICIPATED PROPERTY TAX AND INSURANCE TABLE 
  

									
	 Year
	 	 Fiscal Year
	 	 Term
	 	 Rent/S.F.

Insurance
	 	 Rent/ S.F.

Taxes

	 1
	 	2007	 	10	 	$0.52	 	$0.60
	 2
	 	2008	 	10	 	$0.54	 	$0.61
	 3
	 	2009	 	10	 	$0.55	 	$0.63
	 4
	 	2010	 	10	 	$0.57	 	$0.65
	 5
	 	2011	 	10	 	$0.59	 	$0.67
	 6
	 	2012	 	10	 	$0.60	 	$1.04
	 7
	 	2013	 	10	 	$0.62	 	$1.42
	 8
	 	2014	 	10	 	$0.64	 	$1.83
	 9
	 	2015	 	10	 	$0.66	 	$2.26
	 10
	 	2016	 	10	 	$0.68	 	$2.72

  
 55 

 EXHIBIT F 
 COMMON AREA 

 

 

  
 56 

 EXHIBIT G 
 BUSINESS SUPPORT AREA 

 

 

  
 57 

 EXHIBIT H 
 BUILDING STANDARD IMPROVEMENTS 
 Division 1: General Conditions

 Provide all supervision and temporary facilities required to complete the project as outlined in the specifications and drawings.
Provide insurance as required by Frostburg State University, Allegany County and the developer. One-year warranty shall be provided for all construction. 
 Division 2: Sitework 
 Earthwork: This work shall include all
tree protection, clearing, and grubbing as well as the installation, protection, and modification of utilities during Earthwork and Sitework construction, including any necessary staging of work. The work shall also include scarifying, compacting
and testing of any previously graded sites or Sitework to ensure prober preparation, excavation, and placement of soils to the required dimension and subgrade elevations, including placement of top soils throughout the site. The work shall also
include rock or boulder excavation as required. 
 Subsurface Compaction Grouting: Provide a grouting system that
utilizes compaction grouted columns to both stabilize the rock mass over the Pittsburgh mine seam, and provide a series of concrete columns to support the existing rock mass above the mine seam through either existing voids or the collapsed rubble.
Utilize high pressure (600-700 psi) grouting pressures. Refer to separate section detailing grouting concept within this submittal. 
 Termite Treatment: This work of treating the buildings and the Sitework around the buildings shall be performed by a contractor who is licensed and registered by the State of Maryland in accordance
with the regulation of the appropriate governing authority. 
 Water and Sewer Systems: This work shall include
furnishing labor, materials, services, equipment, and other necessary items required for accomplishing the construction and installation of the sanitary sewer system, the potable water lines and system, and all necessary permits. All required
excavation, backfill, and compaction for the utility system is described in a related specification section. Water piping shall be PVC or ductile iron. Sewer piping shall be PVC or cast iron. 

Storm Drainage System: The work shall include furnishing labor, materials, and accessories of the Storm Drainage system, including
detention structures, outfall structures, inlets, manholes and all necessary appurtenances in accordance with all the regulations and requirements of the (MDE) Maryland Department of the Environment. Storm drain piping shall be HDPE, RCP, or CMP
(steel). Downspouts will be tied into the drainage system. 
 Asphalt and Concrete Paving, Sidewalks, Curbs and Gutters:
All material shall be as listed on the Drawings and in the Specifications, including the paving base course, asphalt concrete paving, Portland cement concrete paving, curbing, curb and gutters, and all pavement markings with signage. Parking will
consist of a minimum of 300 spaces. Pedestrian paths to be decorative concrete, broom finish, or concrete pavers consistent with University standards. 

  
 58 

 Landscape Work: This work includes the requirements for furnishing all materials,
labor, and equipment for the installation and establishing of landscaped and grassed areas that are not covered by pavement, buildings, and other permanent construction. Install all materials at locations indicated on the Drawings. All landscaping
materials to be compatible with Frostburg State University standards. 
 Division 3: Concrete 

Cast-in-Place Concrete: This work includes the entire layout, forming, materials, reinforcing finishing and curing of all building
and site concrete. All reinforcing related to this section is described in a related Specification section. Provide slab on grade as shown on drawings. Provide 3000 psi concrete for slabs on grade and elevated concrete decks. Reinforcing shall
consist of 6” x 6” W2.9 welded wire fabric. Provide miscellaneous stoops, housekeeping pads and stair pan fill. 

Division 4: Masonry 
 Concrete Block Masonry: This work includes all materials, labor, equipment, mortar, and masonry accessories, including all horizontal and vertical joint reinforcing and all expansion joint
conditions, to complete the concrete block masonry work as indicated on the Drawings and in the Specifications. A concrete masonry sample panel is required for owner approval before the installation of the masonry work begins. The concrete masonry
block shall conform to one of the following standards: ASTM C 55, ASTM C 73, ASTM C 90, and ASTM C 744 as indicated in the latest edition of the Standard Building Code. All mortar and grout for the masonry construction shall comply with ASTM C
270 per the latest edition of the Standard Building Code. All load bearing walls shall be 3800 psi CMU below the second floor level and 1900 psi CMU above the second floor level. Reinforce and grout CMU bearing walls at piers and shear walls
per the structural drawings. Exterior walls are to be load bearing block with brick and split-face architectural concrete block veneer, glass or metal panels. 
 Exterior Brick: This work includes providing and installing all materials, labor, and accessories and shall comply with the application requirements of ASTM C 926. The installation of the framing
shall comply with ASTM C 1063. The Portland Cement shall comply. Brick shall be continuous to the underside of soffits or the top of parapets. Include through wall flashing and brick ties. Brick sample panel shall be approved prior to construction.
Over-sized brick shall be nominally 4” x 12” x 4”. 
 Division 5: Metals 

Metal Fabrications: The work on this section defines the furnishing and installation of all structural steel components and
sections as indicated on the Drawings and in the Specifications. This section also includes the materials, labor, and installation of all light-gauge steel framing as indicated on the Drawings and in the Specifications. This section also includes
the fabrication and installation of all handrails, guardrails and railings, which are to meet the latest State of Maryland ADA Accessibility Code requirements. Either primed or painted steel components shall be specified as part of this section. All
structural steel designs shall be signed and sealed by a State of Maryland registered engineer. 

  
 59 

 Atas Belvedere Series Wall Panel Systems: This work includes a Metal Wall Panel
System with exposed fasteners and separate interior insulation. The panels will be installed horizontally with no defined joints. The panels will be installed over plywood or other open framing. The panels will carry a 20-year Finish Warranty.

 Division 6: Wood and Plastics 
 Rough Carpentry: The work in this section includes all blocking lumber and framing lumber including plates, anchors, bolts, screws, and all accessories. All rough carpentry is to have no greater
than a 19% moisture content. 
 Finish Carpentry: As a part of this Specification, this section related only to the
interior standing and running trim in the apartment units. Wood door casing and window stools are included. 
 Exterior
Trim: This work in this section is for wood trim to be utilized at covered locations, all trim exposed to the elements shall either be aluminum clad or composite material equal to a cement fiber trim. All wood used on the exterior and as roof
blocking, whether to be covered or not, shall be pressure treated. 
 Division 7: Thermal and Moisture Protection

 Waterproofing/Water Repellant/Joint Sealants: Furnish and install all related items for the complete
application of the waterproofing, Water Repellant, and the Joint Sealants as indicated on the Drawings. All exterior sealants to be high quality and commercial grade. Provide membrane waterproofing at elevator pits. 

Insulation: Thermal Insulation shall be installed as follows: 

 

					
	 1.
	  	Exterior Walls:	  	R-15
	 2.
	  	Roof Deck:	  	R-24.2

 Sound insulation
shall be installed as follows: 
  

					
	3.	  	Floor Construction:	  	Min. STC 50
	4.	  	Partitions between Conference Rooms:	  	Min. STC 50

 Exterior cavity
wall insulation shall be rigid polystyrene board. 
 Roofing and Accessories: Provide a single-ply, fully-adhered
membrane roof with 4” Polyiso insulation over a sloped structural deck. EPDM roof shall be 60 mils., complying with ASTM D 4637, Type 1. Roof shall have a twenty year warranty. 

Division 8: Doors and Windows 
 Metal Doors: All exterior doors shall be hollow-metal doors with an insulated core or thermal pane insulated glass. All exterior doors to be heavy-duty institutional grade. The doors shall be
delivered to the jobsite primed and prepared to receive the hardware as specified. Hollow Metal Doors are galvanized. Metal frames are 16 ga. Galvanized, primed, w/ anchors. 

  
 60 

 Aluminum Doors, Frames & Hardware: All aluminum doors shall be butt hung
with three butt hinges per door leaf, 10” bottom rails, with standard manufacturer pull handles, thresholds and weatherstripping. Von Duprin 98 rim exit devices will be installed with removable mullions at pairs. Overhead door closers shall be
Norton #1604 and shall be surface mounted. All hardware will be office grade 2 commercial, US26D satin Chrome finish with Yale lever locks, Norton1600 series door closers, Monarch stainless steel exit devices and McKinney ball-bearing hinges.

 Wood Doors: All interior wood doors shall be pre-assembled units with hardwood veneer. All
interior unit doors shall be solid wood jambs and solid core doors. Suite entry doors shall be solid core doors set in hollow metal frames. All interior doors shall be fitted in frames and fitted for the specified hardware. Wood veneer shall be
factory-stained oak. All wood doors to be factory finished per AWI 6th Edition, Version 1.1, 1994. 
 Insulated Glass: This work includes
providing all materials, labor, anchorage, and accessories for the tinted reflective units in full sun exposure areas. The reflective coating is to be installed on #2. Glass not in full sun shall have the same appearance, but will not be tinted.

 Curtainwall & Storefront Framing: This work includes providing all materials, labor, anchorage, and
accessories and shall be sized as required. All finishes shall be anodized aluminum. 
 Division 9: Finishes

 Gypsum Board: The work in this section includes providing and installing all materials, labor, applications,
joint treatments, and accessories for the installation of all gypsum wallboard shall be as shown on drawings. Gypsum board work shall include all metal studs, tracks, furring channels and appurtenances required to meet the requirements of the
design. All apartment ceilings shall be gypsum board. Board used for ceramic tile back up in toilets and janitor’s closets shall be WR tile backer board. 
 Ceramic Tile: Four inch square glazed wall ceramic tile shall be provided at all fixture surrounds and wainscoating shall be five (5) feet above the floor as provided for in the Drawings.
Toilet floor tile shall be 8 x 8 inch ceramic pavers or 2x2 inch mosaic tile with a marble threshold. 
 Resilient
Flooring: This work includes the furnishing and installing of all materials, labor, accessories, and adhesives for vinyl composition tile. Colors shall be selected by the interior designer Estimated useful life: 15 years. 

Carpet: Provide all labor and materials to furnish and install the carpet as required in areas as designated on the drawings. The
carpet shall be 100% nylon pile continuous filament fiber or equivalent and shall with a Carpet Allowance of twenty ($20) dollars per square yard including sales taxes. The carpet shall have a direct glue application. 

  
 61 

 Painting: All exterior metal railings and guardrails and accessories are to receive a
painted finish. All interior paint is specified to be a multi-coat high quality satin latex. Interior trim shall have a semi-gloss finish enamel paint of latex quality. All public spaces to have washable latex paint finish. 

Division 10: Specialties 
 Toilet and Bath Accessories: All bathroom units will include a toilet, vanity and mirror. Toilet paper holders and towel bars will be provided. This section also addresses grab bars and other
accessibility accessories. 
 Division 11: Equipment 

Appliances: No appliances are to be included 
 Division 12: Furnishings 
 Furniture: Tenant will provide all
furnishings. 
 Division 14: Conveying Systems 

Elevators: Provide one (1) passenger hydraulic 3500 lb. elevators with interior dimension of 5’ x 7’. All shall be
ADA compliant and equipped with a hands-free emergency phone. 
 Division 15: Mechanical 

General: Work shall be in compliance with the Request for Proposal, National Fire Protection Code, State Fire Marshal’s
Office, ASHRAE and other applicable codes, 
 Materials provided on project shall be new and where applicable, have a U.L. Listing or other
acceptable labeling. 
 HVAC: Two completely separate systems are being proposed. The first and most likely installation
shall be as described in Section A below; the alternate system in Section B is also being considered. 

Section A - Geothermal Heat Pump Heating and Cooling: The base building will be provided with multiple geothermal heating and
cooling units mounted above the ceilings. Condenser water piping and pump system will be provided to distribute ground water to all heat pumps. Supply and diffusers will be added to accommodate the occupant’s requirements. Where required, zone
damper systems may be provided to give additional zones of temperature control to the occupants. Programmable temperature controls will be added per the occupant’s requirements. Setpoints and schedules for the zone temperature control will be
coordinated. 
 Section B - Rooftop Gas/Electric Heating & Cooling Units: The base building will be
provided with rooftop gas/electric heating and cooling units. The main supply and return duct trunk lines will be provided into the space. Zone dampers will be connected to the supply duct 

  
 62 

 
trunk lines. Each of these zone dampers will include a duct mount control damper and a room temperature sensor as appropriate. Branch ductwork (insulated metal or flex duct) will be added to
connect the zone damper to the main supply duct trunk line. Lay-in style supply air diffusers will be added per the occupant’s requirements. Return air grilles will be added as needed. Setpoints and schedules for the zone temperature controls
will be coordinated. 
 Exhaust systems to utilize round rigid ductwork. 

Plumbing Systems: A complete plumbing system will be provided. Work will comply with local plumbing codes and the contractor shall
pay permit fees. Street pressure is adequate to serve the building without the need for a booster pump. 
 Piping types shall be
as follows: 
  

	 	1.	H&C water - smaller than three inch shall be type “M”. 

  

	 	2.	Sanitary - Above ground type DWV PVC and below ground PVC. 

 Fire Sprinkler System: A combination standpipe/sprinkler system will be installed that meets National Fire Protection Association and the State of Maryland, all other applicable code requirements.
Piping will be installed in concealed spaces in finished areas, however no piping will be installed in the attic space or exterior walls. 
 The
static pressure available to the site is estimated at 145 psi and should be adequate to provide sprinkler protection without the need for a fire pump. This assumes that adequate flow is available. 

The overhead system design will be based on Light Hazard, providing a density of .10 GPM over the most remote 1,500 SF, except in the storage and
mechanical areas in which the density will be .15GPM over the most remote 1,500 SF. 
 Sprinkler piping will be concealed in
areas with suspended ceiling but not necessarily centered in the ceiling tile; all other piping will be exposed. All common areas including restrooms and lobby areas will be considered finished area. Tenant area sprinklers will be installed exposed
with 1” X  1/2” bushings.

 Division 16: Electrical 
 General: Work shall be in compliance with the Request for Proposal, National Electric Code, State Fire Marshal’s Office and other applicable codes. 

Materials provided on project will be new and where applicable have a U.L. Listing or other acceptable labeling. 

Electrical Power Distribution: Three (3) 208/120 volt, 4 wire services will be obtained from the local power company—one
serving the common areas and the other two serving student apartments. 

  
 63 

 The InfoSpherix Wing shall have a common area service terminating into a 2,000 amp rated switchboard
assembly containing a utility metering compartment, a main fuse switch compartment and a distribution compartment containing branch feeder breakers to serve satellite panelboards throughout the wing of the building’s interior. 

All wiring has been figured as Type MC cable and conduit (EMT or PVC) for power runs to panels, HVAC equipment, transformers and elevator equipment.
Interior lifting is based on recessed lighting fixtures installed in lay-in acoustical tile/ceiling grid system. 
 With the exception of the
feeders to dwelling unit load centers, all other interior building feeders shall be routed in metallic conduits. Feeder conductors shall be copper. Panelboards shall have bolt-on breakers and copper bussing. Load centers shall have plug-in breakers
and aluminum bussing. Load centers shall be main lug only type. 
 Basic Materials: Grounding will be installed to meet
the requirements of the National Electrical Code. A ground conductor shall be installed with each branch circuit and feeders. A grounding electrode system shall be installed at each service switch and remote transformer in accordance with the
minimum requirements of the N.E.C. 
 Wiring devices in units shall be office grade and rated at 15 amperes unless otherwise required by code.
All other devices shall be commercial grade and rated 20 amperes. Switches within dwelling units shall be rated 120 volt. Switches within common building areas shall be dual rated 120/277V. All devices shall have an ivory finish. 

Device plates within dwelling units shall be thermoplastic with ivory finish. Device plates in common interior spaces shall be satin finished stainless
steel, 302 having round and beveled edges. Exterior wiring devices shall be equipped with weatherproof cover plates. Lighting contactor and time clocks shall be utilized to control common exterior lighting circuits. Contactors shall be electrically
operated/mechanically held type. Time clocks shall be electronic type with self-adjustment for daylights savings time. 
 Safety disconnect
switches will be heavy duty type and provided in accordance with the requirements of the National Electrical Code. 
 Branch wiring will be
copper with type THWN/THHN insulation. Minimum size will be #14 for 15 ampere rated circuits. Minimum size will be #12 for 20 ampere rated. For dry concealed interior locations, branch circuit wiring shall be accomplished using “MC”
cable. 
 In general, conduit shall be used for installing branch circuits and feeders as follows: 

 

	 	•	 	 Rigid steel conduit - feeders and branch circuits exposed in damp location. 

 

	 	•	 	 EMT - feeders and branch circuits exposed in interior locations. 

 

	 	•	 	 Flexible conduit - short lengths for connection to lighting fixtures, motors and other vibrating equipment. 

 

	 	•	 	 Schedule 40 PVC - branch circuits in direct contact with undisturbed earth. 

Phenolic nameplates, fastened by screw or epoxy bonding material, will be provided on safety switches, panelboards, and motor starters. 

  
 64 

 Lighting: Lighting levels will be designed to meet the recommendation of the IES
Handbook and ASHRAE 90-75. 
 Interior lighting shall be accomplished by the use of both fluorescent and incandescent lighting fixtures. The use
of incandescent light fixtures will be primarily within dwelling units. Fluorescent fixtures shall utilize low harmonic electronic ballasts with either T-8 or compact fluorescent lamps. Exit signs will utilize LED lamps. 

Exterior site lighting shall be accomplished by the use of cut-off luminaries with metal halide lamps. 

Lightning Protection System: A Class I lightning protection system will be provided as an alternate. The system shall be installed
in accordance with the requirements of NFPA 780 will be certified as a UL Master Labeled Lightning Protection System. 

Automatic Fire Alarm: An addressable type fire alarm system will be provided throughout the building. Pull stations shall be
provided at the exits to each building level. Additional pull stations shall be provided where travel distances to pull stations exceed 200 feet. Audible/visual appliances shall be installed throughout the public spaces of the building. Within
non-handicap designated dwelling units, only audible appliances shall be installed. Audible/visual appliances shall be installed, within handicap designated dwelling units. A remote graphic type annunciator shall be installed within the
building’s main lobby entrance. Single station smoke detectors shall be installed in accordance with the requirements of BOCA and NFPA. Duct type smoke detectors shall be installed on mechanical equipment with capacities 2000 cfm or greater.
Area type smoke detectors shall be installed within elevator lobbies, elevator machine rooms, elevator shafts, elevator pit and in areas containing fire alarm system control panels. System will be installed to meet the requirements of NFPA and the
State Fire Marshal. 
 Wiring will be installed in a designated conduit raceway system. 

Access Control System: An access control system will be provided complete with, exterior door contacts, electric exterior door
strikes and main door remote entry directory. Release of door strike for entry into building. The security systems will be reliable and easily controlled, maintained and repaired. Primary entrance doors shall have a key card for access. 

  
 65Office Lease Agreement - Donelson Corporate Centre

 EXHIBIT 10.11 
 DONELSON CORPORATE CENTRE 
 OFFICE LEASE AGREEMENT 

BUILDING TWO 
 THIS LEASE is made and entered into on this 24th day of September, 1999, by and between Donelson Corporate Centre, L.P., a Tennessee Limited Partnership, (“Landlord”), and Automated License
Systems, LLC a Tennessee Limited Liability Company (“Tenant”) and James P. Wilson III and Sarah S. Wilson (“Limited Guarantors”). 
  

	1.	Leased Premises 

 Subject
to and upon the terms hereinafter set form, and in consideration of the sum of Ten Dollars ($10.00) and the mutual covenants set forth herein, the receipt and sufficiency of which are hereby acknowledged, Landlord does hereby lease and demise to
Tenant and Tenant does hereby lease and take from Landlord those certain premises consisting of twenty thousand four hundred thirty-nine (20, 439) square feet* of Rentable Area (the “Demised Premises”) located on the third floor of
Building Two (consisting of a total of 45,597 Rentable Square Feet) located at 3055 Lebanon Road, Suite 2300 in Davidson County, Tennessee (the “Building”), and more particularly described in Exhibit A, attached hereto and
incorporated herein by this reference. The Building is part of a complex known as Donelson Corporate Centre (the “Project”). The project contains 228,109 rentable square feet. 
 * Tenant shall occupy not less than 16,439 rentable square feet not later than the commencement date and begin paying rent thereon ninety days next following the commencement date. The occupancy of the
remaining 4,000 square feet shall occur not later than twelve months next following the commencement date (the “takedown space”) at times elected by Tenant. Tenant shall notify Landlord of Tenant’s intention to occupy some or all of
the takedown space not less than 120 days prior to the date Tenant intends to occupy said space. The tenant improvement allowance on the takedown space shall be paid at the time said space is occupied. 

a. “Rentable Area” as used herein, shall refer to (i) the total square footage of all floor area measured from the inside of the dominant
portion of the exterior wall of the Building and to the mid-point of walls separating the Premises from areas leased to or held for lease to other tenants (the “Usable Area as defined by BOMA”), plus (ii) an allocation of the square
footage of the Interior Common Areas; plus (iii) for multi-tenant floors, an allocation of the square footage of the On-Floor Common Areas. No deductions from Rentable Area shall be made for columns or projections. 

b. “Interior Common Areas” shall mean those areas within the Building’s elevator machine rooms, mechanical rooms, public lobbies and other
areas not leased or held for lease within the Building but which are reasonably necessary for the proper operation of the Building. The allocation of the square footage of the Interior Common Areas shall be equal to the total square footage of the
Interior Common Areas multiplied by a fraction, the numerator of which is the Usable Area of the Premises and the denominator of which is the total of all Usable Area contained in the Building. 

 c. “On-Floor Common Areas” shall mean those areas within public corridors, elevator foyers, rest
rooms, janitor closets, telephone and equipment rooms, and other similar facilities for the use of all tenants on the floor on which the Premises are located. The allocation of the square footage of the On-Floor Common Areas shall be equal to the
total square footage of the On-Floor Common Areas on said floor multiplied by a fraction, the numerator of which is the is the Usable Area of the Premises and the denominator of which is the total of all Usable Area contained on the applicable
floor. 
 d. Tenant’s taking possession of the Premises or any portion thereof shall be conclusive evidence against Tenant that such
portion of the Premises was then in good order and satisfactory condition, excepting those items set forth on a written punch list delivered by Tenant to Landlord within thirty calendar days next following Tenant’s taking possession and latent
defects, if any. Tenant acknowledges that no promise by or on behalf of Landlord, any of Landlord’s beneficiaries, the managing agent of the Building, the leasing agent of the Building or any of their respective agents, partners or employees to
alter, remodel, improve, repair, decorate or clean the Premises has been made to or relied upon by Tenant, and that no representation respecting the condition of the Premises or the Building by or on behalf of Landlord, any of Landlord’s
beneficiaries, the managing agent of the Building, the leasing agent of the Building or any of their respective agents, partners or employees has been made to or relied upon by Tenant, except to the extent expressly set forth in this Lease.

 2. Term. Subject to and upon the terms and conditions set form herein, or in any exhibit hereto, the term of this Lease shall commence
on the Commencement Date and shall expire eighty seven (87) months after the Commencement Date at 6:00 P.M. “Commencement Date” shall mean the earlier of (i) thirty (30) days next following the date Landlord delivers
possession of the Premises to Tenant with all of Landlord’s Work, as such term is defined in Exhibit B, substantially completed; or (ii) the date upon which Tenant commences conducting its business from all or any portion of the
Premises. Following the Commencement Date, the parties shall execute Exhibit C, attached hereto and incorporated herein, which shall contain an acknowledgment of the date upon which the Commencement Date of this Lease occurred. 

Notwithstanding anything contained herein to the contrary and provided that (i) this Lease is executed by Tenant and returned to
Landlord not later than September 25; and, (ii) Tenant requests no material changes to Landlord’s work as set forth in Exhibit B herein, then if Landlord is unable to deliver possession of the Premises with all of the Landlord’s
work, as such term is defined in Exhibit B, substantially completed by February 15,2000, then the commencement date shall be delayed until April 15, 2000. 
 Renewal Option. Tenant is granted the option to extend the term of this Lease for one (1) consecutive extended term of Five (5) years, provided that (a) Tenant is not in default at
the time of exercise of the option; and, (b) Tenant gives written notice of its intent to exercise the option at least 180 days prior to the expiration of the original term. The extension shall be on the same terms and conditions as this lease
except (i) Tenant shall have no further right of renewal after the extension term proscribed above; and, (ii) the Rent shall be adjusted to the then prevailing market rate for comparable facilities in the Airport North submarket.

  
 2 

 Right of First Refusal. Tenant is granted the ongoing right of first refusal (until
said space is leased for the first time) to expand into an adjacent 10,000 square feet to the rear of their space on the second floor of Building Three. Landlord shall provide Tenant written notice of Landlord’s intent to lease said space to
another parry. Tenant shall have a period of twenty days to notify Landlord of Tenant’s intent to exercise Tenant’s right of first refusal upon the same terms and conditions as are contained in the third parry’s offer to lease said
space. 
 3. Use. The Premises are to be used and occupied solely for the purpose of office space and for no other purpose. Tenant shall
not do or permit anything to be done in or about the Premises that will in any way obstruct or interfere with the rights of other tenants or occupants of the Building or injure or annoy them, or use or allow the Premises to be used for any improper,
immoral, disreputable or objectionable purpose, nor shall Tenant cause, maintain or permit any nuisance or waste in, on or about the Premises. Tenant shall not use or permit the use of any portion of the Premises as sleeping quarters, lodging rooms,
or for any unlawful purposes. Tenant shall not install any radio or television or other similar device exterior to the Premises. 
 4.
Rent. Commencing on the date 90 days next following the Commencement Date and continuing thereafter throughout the full term of this Lease, Tenant hereby agrees to pay the Base Rental in accordance with the schedule attached hereto as
Exhibit D, and Additional Rental (as defined below). The Base Rental and Additional Rental shall be due and payable in advance in equal monthly installments on the first (1st) day of each calendar month at Landlord’s address as
provided herein (or such other address as may be designated by Landlord from time to time). If the Commencement Date is other than the first day of a calendar month or if this Lease expires on other than the last day of a calendar month, then the
installments of Base Rental and Additional Rental for such month or months shall be prorated. 
 5. Additional Rental. Landlord shall
absorb and be responsible for paying Operating Expenses during the first calendar year of this lease; and, Landlord shall absorb and be responsible for any other calendar year to the extent such Operating Expenses in any other calendar year are less
than or equal to Four Dollars and Fifty Cents per square foot of Rentable Area (the “Expense Stop”). “Additional Rental” for any calendar year shall mean Tenant’s Percentage Share of the Operating Expenses for such calendar
year in excess of the Expense Stop. “Tenant’s Percentage Share” shall mean a fraction, the numerator of which is the total number of square feet of Rentable Area within the Premises (20,439) and the denominator of which is the
greater of (i) ninety-five percent (95%) of the total square footage of all Rentable Area in the Building; or (ii) the total square footage of all Rentable Area in the Building actually leased to rent paying tenants. 

a. Landlord shall present to Tenant prior to the beginning of each calendar year (or for the calendar year in which the Lease term commences, on the
Commencement Date) a statement of Tenant’s estimated Additional Rental. Landlord’s failure to deliver such a statement of Tenant’s estimated Additional Rental shall not operate to excuse Tenant from the payment of the monthly
installment of Additional Rental. Rather, Tenant shall continue to pay the monthly installment of Additional Rental based on Landlord’s most recent calculation thereof until such a statement is delivered to Tenant, with such statement being
applied retroactively to the beginning of the calendar year and Tenant making up any under payments immediately upon its receipt of such statement. Landlord may from time to time, but not more than once during

  
 3 

 
any consecutive 12 calendar month period, recalculate Tenant’s estimated Additional Rental in order to more accurately reflect Landlord’s good faith estimate of Tenant’s Additional
Rental, and Tenant shall commence paying the recalculated Additional Rental immediately after receiving notice thereof. 
 b. Landlord shall
provide to Tenant, within one hundred twenty (120) days after the end of each calendar year, a statement detailing the Operating Expenses for each such calendar year (the “Annual Operating Expense Statement”). In the event that
Tenant’s estimated Additional Rental payments exceed Tenant’s actual Additional Rental for said calendar year, Landlord shall pay Tenant (in the form of a credit against rentals next due or, should the overage exceed one months base rental
or in the case of the expiration of this Lease, then in the form of Landlord’s check) an amount equal to such excess. In the event that Tenant’s actual Additional Rental exceeds Tenant’s estimated Additional Rental payments for said
calendar year, Tenant hereby agrees to pay Landlord, within thirty (30) days of receipt of the statement, an amount equal to such difference. 
 c. Tenant, at Tenant’s sole cost and expense, shall have the right, to be exercised by written notice given to Landlord within sixty (60) days after receipt of the Annual Operating Expense
Statement for any calendar year, to audit Landlord’s books and records pertaining only to the Operating Expenses for such calendar year, provided such audit must commence within thirty (30) days after Tenants notice to Landlord and
thereafter proceed regularly and continuously to conclusion and, provided, further, that such audit must be conducted by Lattimore, Morgan, Black and Cain or a nationally recognized independent public accounting firm in a manner that does not
unreasonably interfere with the conduct of Landlord’s business. Notwithstanding the foregoing, Tenant shall not have the right to audit Landlord’s books and records regarding the Operating Expenses for any calendar year if there exists an
Event of Default or any circumstance exists that with the giving of notice, the passage of time, or both, would constitute an Event of Default. Tenant (and its agents, employees and accountants) shall hold the results of such audit in strict
confidence and not disclose the same to any third party, except as is necessary during any dispute between Landlord and Tenant related thereto or as required by law. A copy of the results of any such audit shall be promptly provided to Landlord, and
Landlord may conduct an independent review of the same. If there is any disagreement regarding the results of any such audit, the parties shall select a third party auditor to resolve the dispute. Tenant shall not employ any person or entity to
audit Landlord’s books and records whose compensation is based, in whole or in part, on a contingency fee or the results of the audit Provided that Tenant’s audit discloses a variance of greater than five ( 5%) per cent from the
Annual Operating Expense Statement, Landlord shall reimburse Tenant for the reasonable cost of the audit. 
  

	6.	Operating Expenses. 

 a. “Operating
Expenses”, for each calendar year, shall consist of (i) all Operating Costs for the Building; plus (ii) the proportionate share of the ownership, management, maintenance, repair, replacement and operating costs accruing during each
such calendar year for the common areas in the Project allocable to the Building. 

  
 4 

 b. “Operating Costs” shall mean all expenses, costs and accruals (excluding therefrom, however,
specific costs billed to or otherwise incurred for the particular benefit of specific tenants of the Building) of every kind and nature, computed on an accrual basis, incurred or accrued in connection with, or relating to, the ownership, operation,
management, maintenance, repair and replacement of the Building and interior and exterior common areas serving the Building during each calendar year, including, but not limited to the following: wages and salaries (including taxes, insurance and
benefits) of all on and off-site employees; supplies; tools; equipment; utilities; trash removal; snow and ice removal; maintenance, management and service agreements; inspections; legal and accounting services relating to management and maintenance
of the Building; insurance (including all deductible and co-insurance payments made by Landlord in connection therewith); reasonable replacement reserves per BOMA standards (but excluding other items classified as capital costs per Generally
Accepted Accounting Procedures “GAAP” ); maintaining, striping, repairing, replacing, repaving and lighting grounds, streets, parking areas, sidewalks, curbs and walkways, landscaping, drainage and lighting facilities; and all taxes,
assessments and governmental charges, whether or not directly paid by Landlord, attributable to the Building or said common areas, together with consultation, legal fees and costs resulting from any challenge of tax assessments (but excluding
federal and state income taxes, franchise taxes, and other taxes imposed on the income of Landlord). 
 c. Notwithstanding any language
contained herein to the contrary, Tenant hereby agrees that, during any calendar year in which the entire Building is not provided with Building Standard Services or is not completely occupied, Landlord shall compute all Variable Operating Costs
(defined below) for such calendar year as though the entire Building were provided with Building Standard Services and were completely occupied. For purposes of this Lease the term “Variable Operating Costs” shall mean any operating cost
that is variable with the level of occupancy of the Building (e.g. utilities and cleaning services). In the event that Landlord excludes from “Operating Costs” any specific costs billed to or otherwise incurred for the particular benefit
of specific tenants of the Building or to other buildings or projects on the Land, Landlord shall have the right to increase “Operating Costs” by an amount equal to the cost of providing standard services similar to the services for which
such excluded specific costs were billed or incurred. In no event shall Landlord receive from all tenants of the Building more than one hundred percent (100%) of any Operating Costs. 
 7. Security Deposit. Tenant hereby agrees to pay to Landlord a security deposit equal in amount to one month(s) Base Rental on the day this Lease is executed by Tenant (the “Security
Deposit”). Upon the occurrence of any Event of Default by Tenant, Landlord may, from time to time, without prejudice to any other remedy, use the Security Deposit to the extent necessary to make good any arrears of Rental, including, but not
limited to, the cost of any damage, injury, expense, or liability caused by any Event of Default by Tenant hereunder. Any remaining balance of the Security Deposit shall be returned by Landlord to Tenant within a reasonable period of time after the
termination or expiration of this Lease and the satisfaction of Tenant’s obligations hereunder. The Security Deposit shall not be considered an advance payment of rental or a measure of Landlord’s damages in case of default by Tenant.
Tenant shall not be entitled to receive and shall not receive any interest on the Security Deposit, and Landlord may commingle the same with other monies of Landlord. In the event Landlord applies the Security Deposit or any portion thereof to the
payment of any sum described above and this 

  
 5 

 
Lease is not terminated, Tenant shall immediately deposit with Landlord an amount of money equal to the amount so applied and such amount shall be deemed to be part of the Security Deposit. In
the event of a sale or transfer of Landlord’s interest in the Premises or the Building, Landlord shall have the right to transfer the Security Deposit to the purchaser or lessor, as the case may be, and upon any such transfer Landlord shall be
relieved of all liability to Tenant for the return of the Security Deposit, and Tenant shall look solely to the new owner or lessor for the return of the Security Deposit. 
 8. Services. Landlord shall furnish the following services to Tenant during the term of this Lease (“Building Standard Services”): 

a. Hot and cold domestic water and common use rest rooms and toilets at locations provided for general use, in such amounts as arc reasonably determined
by Landlord. 
 b. Subject to curtailment as required by governmental laws, rules or mandatory regulations, central heat and air conditioning as
reasonably required. 
 c. Electric lighting service for all public areas and special service areas of the Building in such amounts and
locations as are reasonably determined by Landlord. 
 d. Janitor service five (5) days per week, exclusive of holidays, in such manner as
Landlord reasonably determines; provided, however, if Tenant’s floor coverings or other improvements are other than Building standard. Tenant shall pay one hundred and fifteen percent (115%) of the actual additional cleaning cost, if any,
attributable thereto. 
 e. Access control for the Building to the extent and in the manner reasonably determined by Landlord; provided,
however, Landlord shall have no responsibility to prevent, and shall not be liable to Tenant for, any liability or loss to Tenant, its agents, employees and visitors arising out of losses due to theft, burglary, or damage or injury to persons or
property caused by persons gaining access to the Premises, and Tenant hereby releases Landlord from all liability for such losses, damages or injury. 
 f. Sufficient electrical capacity to operate (i) incandescent lights, typewriters, calculating machines, photocopying machines and other machines of similar low voltage electrical consumption
(120/208 volts), provided that the total rated electrical design load for said lighting and machines of low electrical voltage shall not exceed eight (8.00) watts per square foot of Usable Area; and (ii) lighting and equipment of high
voltage electrical consumption (277/480 volts), provided that the total rated electrical design loan for said lighting and equipment of high electrical voltage shall not exceed eight (8.00) watts per square foot of Usable Area. If Tenant’s
electrical consumption exceeds the foregoing standards, then Landlord shall have the right to install a separate meter for the Premises at Tenant’s expense, such that Tenant shall be billed the costs associated with electricity consumed in
excess of Building standard. If Tenant requires that certain areas within the Premises operate in excess of the normal Building Operating Hours (as defined in Exhibit E), the electrical service to such areas shall be separately circuited and
metered such that Tenant shall be billed the costs associated with electricity consumed during hours other than Building Operating Hours. 

  
 6 

 g. Building standard fluorescent bulb replacement in all areas and all incandescent bulb replacement in
General Common Areas and On-Floor Common Areas. 
 h. Non-exclusive multiple cab passenger service to the Premises during Building Operating
Hours (as defined in Exhibit E) and at least one (1) cab passenger service to the Premises twenty-four (24) hours per day. 

i. Failure by Landlord to furnish the services described in this Section, or any cessation thereof, shall not render Landlord liable for damages to
either person or property, nor be construed as an eviction of Tenant, nor work an abatement of rent, nor relieve Tenant from fulfillment of any covenant or agreement hereof, in addition to the foregoing, should any of the equipment or machinery, for
any cause, fail to operate, or function properly, Tenant shall have no claim for rebate of rent or damages on account of an interruption in service occasioned thereby or resulting therefrom; provided, however, Landlord agrees to use reasonable
efforts to repair said equipment or machinery promptly and to restore said services. 
 9. Keys and Locks. Landlord shall furnish Tenant
with two (2) keys for each Building standard lockset on code required doors entering the Premises from public areas, Additional keys will be furnished by Landlord upon an order signed by Tenant and at Tenant’s expense. All such keys shall
remain the property of Landlord. No additional locks shall be allowed on any door of the Premises without Landlord’s permission, and Tenant shall not make or permit to be made any duplicate keys. Upon termination of this Lease, Tenant shall
surrender to Landlord all keys to any locks on doors entering or within the Premises, and give to Landlord the explanation of the combination of all locks for safes, safe cabinets and vault doors, if any, in the Premises. 

10. Graphics, Building Directory and Name. Landlord shall provide and install all graphics, letters, and numerals at the entrance to the Premises
and strips (based on the ratio that the Net Rentable Area of the Premises bears to the total Net Rentable Area of the Building) containing a listing of Tenant’s name on the Building directory board to be placed in the main lobby of the
Building. All such letters and numerals shall be in the Building standard graphics. Tenant agrees that Landlord shall not be liable for any inconvenience or damage occurring as a result of any error or omission in any directory or graphics. No
signs, numerals, letters or other graphics shall be used or permitted on the exterior of, or may be visible from outside, the Premises, unless approved in writing by Landlord. 
 11. Parking. Tenant shall have the non-exclusive right to use the parking lot serving the Building. Landlord may make, modify and enforce reasonable rules and regulations relating to the parking of
vehicles, and Tenant agrees to abide by such rules and regulations. This Lease does not grant Tenant (or its agents, employees, contractors and visitors) the exclusive right to use any parking areas serving the Building. Landlord may, from time to
time, designate specific portions of the parking lot as reserved areas, and Tenant shall have no right to park in such reserved areas. Landlord shall provide on a non-exclusive basis five parking spaces per thousand rentable square feet of building
for the entire Project. 
 12. Entry for Repairs and Inspection. Tenant shall permit Landlord and its contractors, agents or
representatives to enter into and upon any part of the Premises during 

  
 7 

 
reasonable hours to inspect or clean fee same, make repairs, alterations or additions thereto, and, upon reasonable prior notice to Tenant, for the purpose of showing the same to prospective
tenants or purchasers. Landlord shall use its reasonable efforts not to interfere materially with the operation of Tenant’s business during any such entry. 
 13. Laws and Regulations; Encumbrances; Rules of Building. Tenant shall comply with, and Tenant shall cause its employees, contractors and agents to comply with, and shall use its best efforts to
cause its visitors and invitees to comply with, (i) all laws, ordinances, orders, rules and regulations of all state, federal, municipal and other governmental or judicial agencies or bodies relating to the use, condition or occupancy of the
Premises, (ii) all recorded easements, operating agreements, parking agreements, declarations, covenants and instruments encumbering the Premises, and (iii) the rules of the Building reasonably adopted and altered by Landlord from time to
time for the safety, care and cleanliness of the Premises and Building and for the preservation of good order therein. The initial rules of the Building are attached hereto and incorporated herein as Exhibit F. 

14. Hazardous Substances. Tenant shall comply, at its sole expense, with all laws, ordinances, orders, rules and regulations of all state,
federal, municipal and other governmental or judicial agencies or bodies relating to the protection of public health, safety, welfare or the environment (collectively, “Environmental Laws”) in fee use, occupancy and operation of the
Premises. Tenant agrees that no Hazardous Substances shall be used, located, stored or processed on the Premises or be brought onto any other portion of the Building by Tenant or any of its agents, employees, contractors, assigns, subtenants, guest
or invitees, and no Hazardous Substances will be released or discharged from the Premises. The term “Hazardous Substances” shall mean and include all hazardous and toxic substances, waste or materials, any pollutant or contaminant,
including, without limitation, PCB’s, asbestos and raw materials that include hazardous constituents or any other similar substances or materials that are now or hereafter included under or regulated by any Environmental Laws or that would pose
a health, safety or, environmental hazard. Tenant hereby agrees to indemnify, defend and hold harmless Landlord from and against any and all losses, liabilities (including, but not limited to, strict liability damages, injuries, expenses (including,
but not limited to, court costs, litigation expenses, reasonable attorneys’ fees and costs of settlement or judgment), suits and claims of any and every kind whatsoever paid, incurred or suffered by, or asserted against, Landlord by any person,
entity or governmental agency for, with respect to, or as a direct or indirect result of, the presence in or the escape, leakage, spillage, discharge, emission or release from the Premises of any Hazardous Substances or the presence of any Hazardous
Substances placed on or discharged from the Building by Tenant or any of its agents, employees, contractors, assigns, subtenants, guest or invitees. 
 15. Tenant Taxes. Tenant shall pay promptly when due all taxes directly or indirectly imposed or assessed upon Tenant’s gross sales, business operations, machinery, equipment, trade fixtures
and other personal property or assets, whether such taxes are assessed against Tenant, Landlord or the Building. In the event that such taxes are imposed or assessed against Landlord or the Building, Landlord shall furnish Tenant with all applicable
tax bills, public charges and other assessments or impositions and Tenant shall forthwith pay the same either directly to the taxing authority or, at Landlord’s option, to Landlord. 

  
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	16.	Leasehold Improvements. 

 a. Tenant shall
receive a tenant improvement allowance of $18.00 per rentable square foot (the “Allowance”). Landlord will prepare the Premises in accordance with Tenant’s approved plans; provided, however, Landlord shall not be required (nor shall
Tenant be allowed) to install any improvements that are not compatible with Landlord’s plans and specifications for the Building or which are not approved by Landlord or Landlord’s architect. The cost of any Tenant Improvements in excess
of $18.00 per rentable square foot shall be borne by Tenant in accordance with the terms of the Work Letter Agreement attached hereto as Exhibit “B”. 
 b. If for any reason the Premises should not be ready for occupancy by the Commencement Date, Landlord shall not be liable or responsible for any claims, damages or liabilities in connection therewith or
by reason thereof. Notwithstanding the above, Landlord recognizes that time is of the essence for Tenant to occupy the premises by the Commencement Date stated herein. Landlord will use its best efforts to take, or cause to be taken, any and all
reasonable and necessary steps within Landlord’s dominion and control to ensure that the leasehold improvements as set forth on the construction documents prepared by Design Collective and dated August 10,1999 are complete so as to allow
Tenant occupancy by the Commencement Date. Should Landlord have cause for concern as to the timely substantial completion of the leasehold improvements as set forth herein, it shall notify Tenant accordingly and permit Tenant the opportunity to
prioritize, to the extent practible, the work on leasehold improvements to facilitate Tenant’s possession and occupancy with functionality of the premises most critical to Tenant’s business operations. Tenant shall notify Landlord in
timely fashion of the improvements most criticial to Tenant’s operation. 
 c. Tenant shall not make or allow to be made any alterations or
physical additions in or to the Premises, or place safes, vaults or other heavy furniture or equipment within the Premises, without first obtaining the written consent of Landlord which consent shall not be unreasonably withheld so long as said
alterations do not impact on Building systems or structure and are not visible from outside the Premises. All repairs, alterations or additions that affect the Building’s structural components or the Building’s mechanical, electrical and
plumbing systems shall be made solely by Landlord or its contractor. 
 d. Tenant shall indemnify and hold Landlord harmless from and against
all costs (including reasonable attorneys’ fees and costs of suit), losses, liabilities, or causes of action arising out of or relating to any alterations, additions or improvements made by Tenant to the Premises, including, but not limited to,
any mechanics’ or materialmen’s liens asserted in connection therewith. No portion of Landlord’s interest in the Building shall be subject to attachment on account of any work performed by or on account of Tenant, and Tenant shall
provide written notice of same to all of its contractors. 
 Should any mechanic’s or other liens be filed against any portion of the
Building by reason of Tenant’s acts or omissions or because of a claim against Tenant, Tenant shall cause the same to be canceled or discharged of record by bond or otherwise within thirty (30) days after notice by Landlord. If Tenant
shall fail to cancel or discharge said lien or liens, within said thirty (30) day period, Landlord may, at its sole option, cancel or discharge the same and upon Landlord’s demand, Tenant shall promptly reimburse Landlord for all
reasonable costs incurred in canceling or discharging such liens, plus an administrative fee equal to fifteen percent (15%) of such costs. 

  
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 17. Repairs by Landlord. Landlord shall make such repairs to exterior, roof and structural portions
of the Building, the general Building systems and common areas of the Building as Landlord may deem necessary for normal operations, and Landlord shall not otherwise be obligated to make improvements to, or repairs of, the Premises or the Building.
The cost of such repairs shall be a part of Operating Expenses; except that Tenant shall pay on demand Landlord’s costs for any repairs necessitated by the acts or omissions of Tenant or Tenant’s agents, contractors, employees, visitors or
invitees, plus an administrative fee of fifteen percent (15%) of such costs. 
 Should Landlord fail to commence any
reasonable and necessary maintenance, repairs, replacements or improvements which it is required to perform hereunder within ten (10) days after written notice from Tenant to Landlord and thereafter diligently proceed with such work until
completion, Tenant may, at its option, perform any such maintenance, repairs, replacements or improvements, and Landlord shall pay to Tenant on demand Tenant’s reasonable and necessary costs thereof, plus an administrative fee of fifteen (15% )
per cent of such costs. In the event that a failure, defect, or interruption of service has occurred for which Landlord is responsible hereunder and said failure, defect, or interruption of service is adversely affecting the functionality of
Tenant’s computer and/or communications capabilities, Tenant may proceed immediately hereunder in the event that Landlord fails to take or authorize the reasonable and necessary immediate remedial action. 

18. Repairs by Tenant. Except for Landlord’s express repair obligations under this Lease, Tenant shall at its own cost and expense, keep the
Premises and ail leasehold improvements in good and clean condition, and Tenant shall perform all maintenance, repairs and replacements necessary to accomplish the same. In addition, Tenant shall perform all maintenance, repairs, replacements and
improvements required by any governmental law, ordination, rule or regulation, If Tenant fails to commence any maintenance, repairs, replacements or improvements which it is required to perform hereunder within ten (10) days after written
notice from Landlord to Tenant and thereafter diligently proceed with such work until completion, Landlord may, at its option, perform any such maintenance, repairs, replacements or improvements deemed necessary by Landlord, and Tenant shall pay to
Landlord on demand Landlord’s cost thereof, plus an administrative fee of fifteen percent (15%) of such costs. 
 19.
Condemnation. If all or substantially all of the Premises, or such portion of the Premises or the Building as would render, in Landlord’s reasonable judgment, the continuance of Tenant’s business from the Premises impracticable,
shall be permanently taken or condemned for any public purpose, then Landlord or Tenant may terminate this Lease. If less than all or substantially all of the Premises or any portion of the Building shall be taken, then Landlord shall have the
option of terminating this Lease by written notice to Tenant within ten (10) days (following the date of such condemnation or taking. If this Lease is terminated as provided above, this Lease shall cease and expire as of the date of the taking.
In the event that this Lease is not terminated and a portion of the Premises is taken, Tenant shall pay the Rental up to the date of the taking, and this Lease shall thereupon cease and terminate with respect to the portion

  
 10 

 
of the Premises so taken. Thereafter the Base Rental and Additional Rental shall be adjusted on an equitable basis. If this Lease is not terminated, Landlord shall promptly repair the Premises or
the Building, as the case may be, to an architectural unit, fit for Tenant’s occupancy and business; provided, however, that Landlord’s obligation to repair hereunder shall be limited to the extent of the net proceeds from such taking made
available to Landlord for such repair. In the event of any temporary taking or condemnation for any public purpose of the Premises, the Building or any portion thereof, this Lease shall continue in full force and effect except that Base Rental and
Additional Rental shall be adjusted on an equitable basis for the period of such taking, and Landlord shall be under no obligation to make any repairs or alterations. In the event of any taking of the Premises, Tenant hereby assigns to Landlord the
value of all or any portion of the unexpired term of the Lease and all leasehold improvements, and Tenant shall not assert a claim for a condemnation award therefor; provided, however, Tenant may pursue a separate award from the condemning authority
for (a) relocation and moving expenses, and (b) compensation for loss of Tenant’s business. 
  

	20.	Casualty. 

 a. In the event any portion of
the Premises or any portion of the General Common Areas (or, if Tenant is on a multi-tenant floor, any portion of the On-Floor Common Areas for the floor on which the Premises are located) is damaged by fire or other casualty, earthquake or flood or
by any other cause of any kind or nature, and the damage can, in the opinion of the Landlord’s architect, be repaired within ninety (90) calendar days from the date of the casualty, then Landlord shall repair the damage. In the event the
damage cannot, in the opinion of Landlord’s architect, be repaired within ninety (90) days from the date of the casualty, but can be repaired within one hundred eighty (180) days from the date of the casualty, Landlord, at
Landlord’s sole option, may elect either to terminate this Lease or to repair the damage. If in Landlord’s opinion of Landlord’s architect, the damage cannot be repaired within one hundred eighty (180) days from the date of the
casualty, then both Landlord and Tenant shall have the right to terminate this Lease. 
 b. Notwithstanding any language herein to the contrary,
Landlord, at Landlord’s sole option, shall have the right to terminate this Lease if at the time of any such damage, (i) less than two (2) years remain in the term of this Lease; (ii) the cost of repairing and restoring the
damage exceeds twenty-five percent (25%) of the replacement cost of the Building; or (iii) Landlord’s lender does not make the insurance proceeds available to Landlord to restore the Premises. 

c. In the event this Lease is not terminated as provided hereunder (i) Landlord shall be obligated to repair the damage only to the extent of the
net insurance proceeds available to Landlord for the purpose of rebuilding and restoration; (ii) to the extent Landlord has rental loss insurance proceeds available, Tenant shall be entitled to a pro rata abatement of Base Rental and Additional
Rental during the period of time the Premises, or any portion thereof, are untenantable due to such damage; and (iii) if the Premises, the Building, or any portion thereof shall be damaged through the negligence or willful misconduct of Tenant
and the cost of repairing the same is not covered by Landlord’s insurance, such damage shall be repaired by Landlord at the sole expense of Tenant, plus an administrative fee to Landlord of fifteen percent (15%) of such costs. 

  
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 d. In the event of any termination of this Lease under this Section, this Lease shall cease and terminate as
if the date of such damage were the expiration date of the term of this Lease. 
  

	21.	Insurance. 

 a. Landlord shall maintain
property insurance coverage on the Building. Said insurance shall be maintained in amounts desired by Landlord and payments for losses thereunder shall be made solely to Landlord. Tenant shall maintain at its expense business interruption insurance
and property insurance coverage at full replacement cost on of all its personal property, including removable trade fixtures located in the Premises and on all additions and improvements (including fixtures) made by Tenant. 

b. Landlord and Tenant shall each maintain a policy or policies of commercial general liability insurance. Such insurance shall afford minimum protection
(which may he affected by primary and/or excess coverage) of not less than $3,000,000 per occurrence for injury to or death of any person and of not less than $500,000.00 per occurrence for property damage. 

c. If Tenant shall fail to procure and maintain the insurance required herein, Landlord may, hit shall not be required to, procure and maintain the same,
but at the expense of Tenant, plus a fifteen percent (15%) administrative fee, which Tenant shall pay to Landlord upon demand. Unless otherwise permitted by Landlord, Tenant’s insurance required hereunder shall be in companies rated A-,
Class XII in “Best’s Insurance Guide.” Tenant shall deliver to Landlord prior to occupancy of the Premises copies of policies of liability insurance required herein or certificates evidencing the existence and amounts of such
insurance with loss payable clauses satisfactory to Landlord. Tenant shall deliver to Landlord renewals of such policies or certificates at least thirty (30) days prior to their expiration. No policy shall be cancelable or subject to reduction
of coverage except after thirty (30) days’ prior written notice to Landlord. 
 d. The cost of Landlord’s insurance shall be
included in Operating Expenses. However, if the annual premiums to be paid by Landlord shall exceed the standard rates because of Tenant’s operations within, or contents of, the Premises, Tenant shall promptly pay the excess amount of the
premium upon request by Landlord. 
 e. Anything in this Lease to the contrary notwithstanding, Landlord and Tenant each hereby waives any and
all rights of recovery, claim, action or cause of action, against the other, its agents, servants, partners, shareholders, officers or employees, for personal injury, loss or damage to business, and loss or damage that may occur to the Premises, the
Building or the Project or any personal property located thereon arising from any cause that (a) would be insured against under the terms of any insurance required to he carried hereunder; or (b) is insured against under the terms of any
insurance actually carried, regardless of whether the same is required hereunder. The foregoing waiver shall apply regardless of the cause or origin of such claim, including but not limited to the negligence of a party, or such party’s agents,
officers, employees or contractors. The foregoing waiver shall not apply if it would have the effect, but only to the extent of such effect, of invalidating any insurance coverage of Landlord or Tenant Each party shall obtain any special
endorsements, if any, required by their respective insurers to evidence compliance with the aforementioned waiver. 

  
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 22. Damages from Certain Causes. Landlord shall not be liable or responsible to Tenant for any loss
or damage to any property or person occasioned by theft, fire, act of God, public enemy, riot, strike, insurrection, war, act or omission of any tenant or occupant of the Building, any nuisance or interference caused or created by any tenant or
occupant of the Building, requisition or order of governmental body or authority, court order or injunction, or any cause beyond Landlord’s control or, except in the case of the gross negligence or intentional misconduct of Landlord, for any
damage or inconvenience which may arise through repair or alteration of any part of the Building. 
 23. Hold Harmless. Landlord shall
act be liable to Tenant, its agents, servants, employees, contractors, customers or invitees for any damage to person or property caused by any act, omission or neglect of Tenant. Without limiting or being limited by any other indemnity in this
Lease, but rather in confirmation and furtherance thereof, Tenant agrees to indemnify, defend by counsel reasonably acceptable to Landlord and hold Landlord harmless of, from and against any and all losses, damages, liabilities, claims, liens, costs
and expenses (including, but not limited to, court costs, reasonable attorneys’ fees and litigation expenses) in connection with injury to or death of any person or damage to or theft, loss or loss of the use of any property occurring in or
about the Premises, the Building or the Project arising from Tenant’s occupancy of the Premises, or the conduct of its business or from any activity, work, or thing done, permitted or suffered by Tenant in or about the Premises, the Building or
the Project, or from any breach or default on the part of Tenant in the performance of any covenant or agreement on the part of Tenant to be performed pursuant to the terms of this Lease, or due to any other act or omission or willful misconduct of
Tenant or any of its agents, employees, contractors, assigns, subtenants, guest or invitees. 
  

	24.	Default and Remedies. 

 a. The occurrence
of any of the following shall constitute a default under and breach of this Lease by Tenant (an “Event of Default”): 
  

	 	i)	Failure by Tenant to pay any Rental within (5) days after written notice that the same is past due; 

 

	 	ii)	Abandonment of the Premises; 

  

	 	iii)	Failure by Tenant to observe or perform any of the covenants in respect of assignment and subletting; 

 

	 	iv)	Failure by Tenant to cure forthwith, immediately after receipt of notice from Landlord, any hazardous condition which Tenant has created or permitted in violation of
law or of this Lease; 

  

	 	v)	Failure by Tenant to complete, execute and deliver any instrument or document required to be completed, executed and delivered by Tenant within twenty (20) days
after the initial written demand therefor to Tenant; 

  
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	 	vi)	Failure by Tenant to observe or perform any other covenant, agreement, condition or provision of this Lease, if such failure shall continue for thirty (30) days
after written notice thereof from Landlord to Tenant; provided that such thirty (30) day period shall be extended for the time reasonably required to complete such cure, if such failure cannot reasonably be cured within said thirty
(30) day period and Tenant commences to cure such failure within said thirty (30) day period and thereafter diligently and continuously proceeds to cure such failure; 

 

	 	vii)	The levy upon execution or the attachment by legal process of the leasehold interest of Tenant; or the filing or creation of a lien in respect of such leasehold
interest, which lien shall not be released or discharged within thirty (30) days from the date of such filing; 

  

	 	viii)	Tenant or any guarantor of Tenant’s obligations under this Lease becomes insolvent or bankrupt or admits in writing its inability to pay its debts as they mature,
or makes an assignment for the benefit of creditors, or applies for or consents to the appointment of a trustee or receiver for all or a major part of its property; 

 

	 	ix)	A trustee or receiver is appointed for Tenant, any guarantor of Tenant’s obligations under this Lease or for a major part of either party’s property and is
not discharged within sixty (60) days after such appointment; 

  

	 	x)	Any bankruptcy, reorganization, arrangement, insolvency or liquidation proceeding, or other proceeding for relief under any bankruptcy law or similar law for the relief
of debtors, is instituted (A) by Tenant or any guarantor of Tenant’s obligations under this Lease, or (B) against Tenant or any guarantor of Tenant’s obligations under this Lease and is allowed against it or is consented to by it
or is not dismissed within sixty (60) days after such institution; 

  

	 	xi)	Tenant’s repeated or continued failure to timely pay any Rental due Landlord hereunder where such failure shall continue or be repeated for two
(2) consecutive months, or for a total of four (4) months in any period of twelve (12) consecutive months; or 

  

	 	xii)	Tenant’s repeated failure to observe or perform any of the other covenants, terms or conditions hereof more than six (6) times, in the aggregate, in any
period of twelve (12) consecutive months. 

 b. Upon the occurrence of an Event of Default, Landlord shall have the option to
do and perform any one or more of the following in addition to, and not in limitation of, any other remedy or right permitted it by law or in equity or by this Lease: 
  

	 	a.	Landlord, with or without terminating this Lease, may immediately or at any time thereafter re-enter the Premises and correct or repair any condition which shall
constitute a failure on Tenant’s part to keep, observe, perform, satisfy, or abide by any term, condition, covenant, agreement, or obligation of this Lease, and Tenant shall fully reimburse and compensate Landlord on demand.

  
 14 

	 	b.	Landlord, with or without terminating this Lease, may immediately or at any time thereafter demand in writing that Tenant vacate the Premises and thereupon Tenant shall
vacate the Premises and remove therefrom all property thereon belonging to or placed on the Premises by, at the direction of, or with consent of Tenant within ten (10) days of receipt by Tenant of such notice from Landlord, whereupon Landlord
shall have the right to re-enter and take possession of the Premises. 

  

	 	c.	Landlord, with or without terminating this Lease, may immediately or at any time thereafter, re-enter the Premises and remove therefrom Tenant and all property
belonging to or placed on the Premises by, at the direction of, or with consent of Tenant Any such re-entry and removal by Landlord shall not of itself constitute an acceptance by Landlord of a surrender of this Lease or of the Premises by Tenant
and shall not of itself constitute a termination of this Lease by Landlord. 

  

	 	d.	Landlord, with or without terminating this Lease, may immediately or at any time thereafter relet the Premises or any part thereof for such time or times, at such
rental or rentals and upon such other terms and conditions as Landlord in its sole discretion may deem advisable, and Landlord may make any alterations or repairs to the Premises which it may deem necessary or proper to facilitate such reletting;
and Tenant shall pay all costs of such reletting including but not limited to the cost of any such alterations and repairs to the Premises, attorneys’ fees, leasing inducements, and brokerage commissions; and if this Lease shall not have been
terminated, Tenant shall continue to pay all rent and all other charges due under this lease up to and including the date of beginning of payment of rent by any subsequent tenant of part or all of the Premises, and thereafter Tenant shall pay
monthly during the remainder of the term of this Lease the difference, if any, between the rent and other charges collected from any such subsequent tenant or tenants and the rent and other charges reserved in this Lease, but Tenant shall not be
entitled to receive any excess of any such rent collected over the rents reserved herein. 

  

	 	e.	 Landlord may immediately or at anytime thereafter terminate this Lease, and this Lease shall be deemed to have been terminated upon receipt by Tenant
of written notice of such termination; upon such termination Landlord shall recover from Tenant all damages Landlord may suffer by reason of such termination including, without limitation, unamortized sums expended by Landlord for leasing
commissions and construction of tenant improvements, all arrearages in rentals, costs, charges, additional rentals, and reimbursements, the cost (including court costs and attorneys’

  
 15 

	 	 
fees) of recovering possession of the Premises, the cost of any alteration of or repair to the Premises which is necessary or proper to prepare the same for reletting and, in addition thereto,
Landlord at its election shall have and recover from Tenant either (A) an amount equal to the excess, if any, of the total amount of all rents and other charges to he paid by Tenant for the remainder of the term of this Lease over the then
reasonable rental value of the Premises for the remainder of the term of this Lease, or (B) the rents and other charges which Landlord would be entitled to receive from Tenant pursuant to the provisions of subsection (iv) if the Lease were
not terminated. Such election shall be made by Landlord by serving written notice upon Tenant of its choice of one of the two said alternatives within thirty (30) days of the notice of termination. 

 

	 	f.	The exercise by Landlord of any one or more of the rights and remedies provided in this Lease shall not prevent the subsequent exercise by Landlord of any one or more
of the other rights and remedies herein provided. All remedies provided for in this Lease are cumulative and may, at the election of Landlord, be exercised alternatively, successively, or in any other manner and are in addition to any other rights
provided for or allowed by law or in equity. 

  

	 	g.	No act by Landlord with respect to the Premises shall terminate this Lease, including, but not limited to, acceptance of the keys, institution of an action for detainer
or other dispossessory proceedings, it being understood that this Lease may only be terminated by express written notice from Landlord to Tenant, and any reletting of the Premises shall be presumed to be for and on behalf of Tenant, and not
Landlord, unless Landlord expressly provides otherwise in writing to Tenant. 

 25. Late Payments. In the event any
installment of any Rental owed by Tenant hereunder is not paid within five (5) days of the date when due, Tenant shall pay a late charge equal to the greater of $100.00 or two (2.0%) per cent of fee amount due. The parties agree that such
charge is a fair and reasonable estimate of Landlord’s administrative expense incurred on account of late payment. Should Tenant make a partial payment of past due amounts, the amount of such partial payment shall be applied first to reduce all
accrued and unpaid late charges, in inverse order of their maturity, and then to reduce all other past due amounts, in inverse order of their maturity. 
 26. Attorney’s Fees. If either parry, initiates any action to enforce its rights under this Lease or the terms hereof, the prevailing party shall be entitled to collect from the non-prevaining
party all court costs, reasonable attorneys fees and litigation expenses, including, but not limited to, costs of depositions and expert witnesses, that the prevailing party incurs in connection with such action. 

27. No Waiver of Rights. No failure or delay of Landlord to exercise any right or power given it herein or to insist upon strict compliance by
Tenant of any obligation imposed on it herein and no custom or practice of either party hereto at variance with any term hereof shall 

  
 16 

 
constitute a waiver or a modification of the terms hereof by Landlord or any right it has herein to demand strict compliance with the terms hereof by Tenant. No waiver of any right of Landlord or
any default by Tenant on one occasion shall operate as a waiver of any of Landlord’s other rights or of any subsequent default by Tenant. No express waiver shall affect any condition, covenant, rule, or regulation other than the one specified
in such waiver and then only for the time and in the manner specified in such waiver. No person has or shall have any authority to waive any provision of this Lease unless such waiver is expressly made in writing and signed by an authorized officer
of Landlord. 
 28. Holding Over. In the event of holding over by Tenant after expiration or termination of this Lease without the
written consent of Landlord, Tenant shall pay as rent for such holdover period one hundred twenty-five percent (125%) of the Rental that would have been payable if this Lease had not so terminated or expired). No holding over by Tenant after
the term of this Lease shall be construed to extend this Lease, and Tenant shall be deemed a tenant at will, terminable on five (5) days notice from Landlord. In the event of any unauthorized holding over, Tenant shall indemnify Landlord
against all claims for damages by any other tenant to whom Landlord shall have leased all or any part of the Premises effective upon the termination of this Lease. 
  

	29.	Subordination. 

 a. This Lease and the
rights of Tenant hereunder shall be and are hereby expressly made subject to and subordinate at all times to any deed of trust or mortgage (a “Mortgage”) or ground lease now or hereafter existing on the Building, and to all amendments,
modifications, renewals, extensions, consolidations and replacements thereof, and to all advances made or hereafter to be made upon the security thereof; provided, however, that the holder of the deed of trust or mortgage (the “Mortgagee”)
or the ground lessor, as applicable, shall, so long as no Event of Default has occurred, not disturb Tenant in its possession of the Premises. Upon request, Tenant agrees to execute and deliver to Landlord such further instruments consenting to or
confirming the subordination of this Lease to the Mortgage or ground lease and containing such other provisions which may be requested in writing by Landlord, the Mortgagee or the ground lessor. Notwithstanding anything to the contrary contained
herein, any Mortgagee may subordinate, in whole or in part, its Mortgage to this Lease without joinder of Tenant by sending Tenant notice in writing. 
 b. Tenant agrees that if Landlord defaults in the performance or observance of any covenant or condition of this Lease required to be performed or observed by Landlord hereunder, Tenant will give written
notice specifying such default by certified or registered mail, postage prepaid, to any Mortgagee or any ground lessor of which Tenant has been notified in writing, and before Tenant exercises any right or remedy which it may have on account of any
such default of Landlord, such party shall have a reasonable amount of time to cure such default of Landlord, including but not limited any time required to obtain possession of the mortgaged or leased estate. Whether or not any Mortgage is
foreclosed or any ground lease is terminated, or any Mortgagee or ground lessor succeeds to any interest of Landlord under this Lease, no Mortgagee or ground lessor shall have any liability to Tenant for any security deposit paid to Landlord by
Tenant hereunder, unless such security deposit has actually been received by such Mortgagee or ground lessor. No Mortgagee or ground lessor of which Tenant has been notified, in writing, 

  
 17 

 
shall be bound any amendment or modification of this Lease made without the written consent of such Mortgagee or ground lessor, nor shall any such party be liable for any defaults of Landlord
under this Lease. 
 30. Estoppel Certificate. Tenant agrees that, from time to time upon request by Landlord, or any existing or
prospective Mortgagee or ground lessor, Tenant will complete, execute and deliver a written estoppel certificate certifying (a) that this Lease is unmodified and is in full force and effect (or if there have been modifications, that this Lease,
as modified, is in full force and effect and setting forth, the modifications); (b) the amounts of the monthly installments of Base Rental, Additional Rental and other sums then required to be paid under this Lease by Tenant; (c) the date
to which the Base Rental, Additional Rental and other sums required to be paid under this Lease by Tenant have been paid; (d) that Landlord is not in default under any of the provisions of this Lease, or if in default, the nature thereof in
detail and what is required to cure same; and (e) such other information concerning the status of this Lease or the parties’ performance hereunder reasonably requested by Landlord or the party to whom such estoppel certificate is to be
addressed. 
  

	31.	Sublease or Assignment by Tenant. 

 a. The
Tenant shall not, without the Landlord’s prior written consent, which will not be unreasonably withheld, (i) assign, convey, mortgage, pledge, encumber, or otherwise transfer (whether voluntarily, by operation of law, or otherwise) this
Lease or any interest hereunder; (ii) allow any lien to be placed upon Tenant’s interest hereunder; (iii) sublet the Premises or any part thereof, or (iv) permit the use or occupancy of the Premises or any part thereof by anyone
other than Tenant. Any attempt to consummate any of the foregoing without Landlord’s consent shall he void and of no force or effect For purposes hereof, the transfer of the ownership or voting rights in a controlling interest of the voting
stock of Tenant (if Tenant is a corporation) or the transfer of a general partnership interest or a majority of the limited partnership or membership interest in Tenant (if Tenant is a partnership or limited liability company), at any time
throughout the term of this Lease, shall be deemed to be an assignment of this Lease. Notwithstanding anything hereinabove to the contrary alteration by Tenant of its form of business entity, including but not limited to changing from a limited
liability company to a corporation, shall not he deemed an assignment of this Lease provided that 1) notice of Tenant’s intent to change the form of its business entity is provided to Landlord not less than thirty (30 ) days prior to any
such change; and, 2) all assets of Tenant are transferred to the successor Tenant entity and there are no actions taken to transfer assets formerly belonging to Tenant from the successor Tenant entity or to transfer or assume new liabilities by
the successor Tenant entity; and, 3) the successor Tenant entity specifically assumes in writing all of the obligations of Tenant hereunder in writing effective as of the date and time of the transfer of assets. 

b. For any proposed assignment or subletting Tenant shall submit to Landlord a copy of the proposed sublease or assignment, and such additional
information concerning the business, reputation and creditworthiness of the proposed sublessee or assignee as shall be sufficient to allow Landlord to form a commercially reasonable judgment with respect thereto. If Landlord approves any proposed
sublease or assignment, Landlord shall receive from Tenant as additional rent hereunder fifty percent (50%) of any rents or other sums received by Tenant pursuant to said sublease or assignment in excess of the rentals payable to Landlord by
Tenant under this Lease 

  
 18 

 
(after deducting all of Tenant’s reasonable costs associated therewith, including reasonable brokerage fees and the reasonable cost of remodeling or otherwise improving the Premises for said
sublessee or assignee), as such rents or other sums are received by Tenant from the approved sublessee or assignee. Landlord may require that any rent or other sums paid by a sublessee or assignee be paid directly to Landlord. 

c. Notwithstanding the giving by Landlord of its consent to any subletting, assignment or occupancy as provided hereunder or any language contained in
such lease, sublease or assignment to the contrary, unless this Lease is expressly terminated by Landlord, Tenant shall not be relieved of any of Tenant’s obligations or covenants under this Lease and Tenant shall remain fully liable hereunder.

 32. Quiet Enjoyment. Landlord covenants that Tenant shall and may peacefully have, hold and enjoy the Premises free from hindrance by
Landlord or any person claiming by, through or under Landlord but subject to the other terms hereof, provided that Tenant pays the Rental and other sums herein recited to be paid by Tenant and performs all of Tenant’s covenants and agreements
herein contained. It is understood and agreed that this covenant and any and all other covenants of Landlord contained in this Lease shall be binding upon Landlord and its successors only with respect to breaches occurring during the ownership of
the Landlord’s interest hereunder. 
 33. Landlord’s Relocation Right. If the Premises contain less than twenty( 20%) per
cent of the rentable square feet of Building Two, upon one hundred twenty (120) days written notice to Tenant, Landlord may substitute for the Premises other premises in the Building (the “New Premises”), in which event the New
Premises shall be deemed to be the Premises for all purposes hereunder, provided: 
 a. The New Premises shall be similar in size and shall
either have substantially the same configuration as the Premises or a configuration substantially as usable for the purposes for which the Premises are being used by Tenant or, if possession of the Premises has not yet been delivered to Tenant, then
for the purposes for which the Premises are to be used by Tenant, and the cost of which, together with Tenant’s reasonable and necessary moving expenses shall be borne by Landlord. 
 b. Upon substitution of the New Premises for the Premises, the Net Rentable Area of the New Premises shall control for purposes of this Lease, and Tenant Percentage Share and the Base Rental shall be
recalculated and adjusted based on the Net Rentable Area of the New Premises. 
 c. Tenant shall not be entitled to any compensation for any
inconvenience or interference with Tenant’s business, nor to any abatement or reduction in rent or other sums payable by Tenant hereunder, nor shall Tenant’s obligations under this Lease be otherwise affected, as a result of the
substitution of the New Premises, except as otherwise expressly provided in this Section. Tenant agrees to cooperate with Landlord so as to facilitate the prompt completion by Landlord of its obligations under this Section. At Landlord’s
request, Tenant shall execute a supplement to this Lease confirming the substitution of the New Premises for the Premises. 

  
 19 

 34. Assignment by Landlord. Landlord shall have the right to transfer and assign, in whole or in
part, all its rights and obligations hereunder, in the Premises and the Building, and in such event and upon such transfer no further liability or obligation shall thereafter accrue against Landlord hereunder. 

35. Limitation of Landlord’s Personal Liability. Tenant specifically agrees to look solely to Landlord’s equity interest in the Building
for the recovery of any monetary judgment against Landlord, it being agreed that Landlord (and its partners, members and shareholders) shall never be personally liable for any such judgment. The provision contained in the foregoing sentence is not
intended to, and shall not, limit any right that Tenant might otherwise have to obtain injunctive relief against Landlord or Landlord’s successors in interest or any suit or action in connection with enforcement or collection of amounts which
may become owing or payable under or on account of insurance maintained by Landlord. 
 36. Force Majeure. Landlord and Tenant (except
with respect to the payment of Rental or any other monetary obligation under this Lease) shall be excused for the period of any delay and shall not be deemed in default with respect to the performance of any of the terms, covenants and conditions of
this Lease when prevented from so doing by a cause or causes beyond the Landlord’s or Tenants (as the case may be) control (excluding financial inability to perform), which shall include, without limitation, all labor disputes, governmental
regulations or controls, fire or other casualty, inability to obtain any material or services, acts of God, or any other cause not within the reasonable control of Landlord or Tenant (as the case may be). 

37. Surrender of Premises. Upon the termination of this Lease by lapse of time or otherwise or upon the earlier termination of Tenant’s right
of possession, Tenant shall quit and surrender possession of the Premises to Landlord, broom clean, in the same condition as upon delivery of possession to Tenant hereunder, normal wear and tear excepted. Before surrendering possession of the
Premises, Tenant shall, without expense to Landlord, remove all signs, furnishings, equipment, trade fixtures, merchandise and other personal properly installed or placed in the Premises and all debris and rubbish, and Tenant shall repair all damage
to Premises resulting from such removal. If Tenant fails to remove any of the signs, furnishings, equipment, trade fixtures, merchandise and other personal property installed or placed in the Premises by the expiration or termination of this Lease,
then Landlord may, at its sole option, (i) treat Tenant as a holdover, in which event the provisions of this Lease regarding holding over shall apply; (ii) deem any or all of such items abandoned and the sole property of Landlord; or
(iii) remove any and all such items and dispose of same in any manner. Tenant shall pay Landlord on demand any and all expenses incurred by Landlord in the removal of such items, including, without limitation, the cost of repairing any damage
to the Premises or the Building caused by such removal and storage charges (if Landlord elects lo store such properly). 
 38. Notices.
Any notice or other communications required or permitted to be given under this Lease must be in writing and shall be effectively given or delivered if (a) hand delivered to the addresses for Landlord and Tenant stated below, (b) sent by
certified or registered United States Mail, return receipt requested, to said addresses, or (c) sent by nationally recognized overnight courier (such as Federal Express, UPS Next Day Air or Airborne Express), with all delivery charges paid by
the sender and signature required for delivery, to said address. Any notice mailed shall be deemed to have been given upon receipt or refusal thereof. Notice 

  
 20 

 
effected by hand delivery shall be deemed to have been given at the time of actual delivery. Either party shall have the right to change its address to which notices shall thereafter be sent and
the party to whose attention such notice shall be directed by giving the other party notice thereof in accordance with the provisions of this Section. 
 a. 
  

			
	 	  	Landlord:
		
		  	 Donelson Corporate Centre

c/o Mr. Floyd Shechter
 Cumberland Financial
Services
 631 Second Avenue South, Suite 1R
 Nashville, TN 37210

		
	with a copy to:	  	
		
		  	 Mr. Robert E. Wood, Esq.

Boult, Cummings, Connors & Berry
 414 Union
Street, Suite 1600
 Nashville, TN 37219

		
		  	Tenant:
		
		  	 Automated License Systems, LLC
 Attn: James P. Wilson, III
 Donelson Corporate Centre

3055 Lebanon Road
 Building Two, Suite
301
 Nashville, TN 37214

		
	with a copy to:	  	
		
		  	 Ernest D. Bennett III, Esq.

Taylor, Pigue, Marchetti, Bennett & McCaskill, PLLC
 2908 Poston Avenue
 Nashville, TN 37203

		
		  	 Mr. Timothy Stowell

Corporate Real Estate Advisors
 5115 Maryland
Way, Suite 100
 Brentwood, TN 37027

  

	39.	Miscellaneous. 

 a. This Lease shall be
binding upon and inure to the benefit of the successors and assigns of Landlord, and shall be binding upon and inure to the benefit of Tenant, its successors, and, to the extent assignment may be approved by Landlord hereunder, Tenant’s
assigns. 
  

  
 21 

 b. All rights and remedies of Landlord and Tenant under this Lease shall be cumulative and none shall
exclude any other rights or remedies allowed by law. This Lease is declared to be a Tennessee contract, and all of the terms hereof shall be construed according to the laws of the State of Tennessee. 

c. This Lease may not be altered, changed or amended, except by an instrument in writing executed by all parties hereto. 

d. If Tenant is a corporation, partnership, limited liability company or other entity, Tenant warrants that all consents or approvals required of third
parties (including but not limited to its Board of Directors, partners or members) for the execution, delivery and performance of this Lease have been obtained and that Tenant has the right and authority to enter into and perform its covenants
contained in this Lease. 
 e. To the extent permitted by applicable law, the parties hereto shall and they hereby do waive trial by jury in any
action, proceeding or counterclaim brought by either of the parties hereto against the other on any matters whatsoever arising out of or in any way connected with this lease, the relationship of landlord and tenant, Tenant’s use or occupancy of
the Premises and/or any claim of injury or damage. In the event Landlord commences any proceedings for nonpayment of rent or any other amounts payable hereunder, Tenant shall not interpose any counterclaim of whatever nature or description in any
such proceeding, unless the failure to raise the same would constitute a waiver thereof. This shall not, however, be construed as a waiver of Tenant’s right to assert such claims in any separate action brought by Tenant. 

f. If any term or provision 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 provision to persons or circumstances other than those as to which it is invalid or unenforceable, shall not be affected thereby, and each provision of this Lease shall be valid and shall be
enforceable to the extent permitted by law. 
 g. Time is of the essence in this Lease. 

h. Tenant represents and warrants to Landlord that Tenant did not deal with any broker in connection with this Lease other than Corporate Real Estate
Advisors and Timothy Stowell (“Principal Broker”), who shall be paid by Landlord per a separate agreement. Tenant shall indemnify, defend and hold Landlord harmless of, from and against any and all losses, damages, liabilities, claims,
liens, costs and expenses (including, without limitation, court costs, reasonable attorneys’ fees and litigation expenses) arising from any claims or demands of any other broker or brokers or finders for any commission alleged to be due such
other broker or brokers or finders claiming to have dealt with Tenant in connection with this Lease or with whom Tenant hereafter deals or whom Tenant employs. 
 i. If Tenant comprises more than one person, corporation, partnership, limited liability company or other entity, the liability hereunder of all such persons, corporations, partnerships or other entities
shall be joint and several. 
 j. Landlord’s receipt of any Rental payable by Tenant hereunder with knowledge of the breach of a covenant
or agreement contained in this Lease shall not be deemed a waiver of 

  
 22 

 
the breach. No acceptance by Landlord of a lesser amount than the installment of Rental which is due shall be considered, nor shall any endorsement or statement on any check or any letter
accompanying any check or payment be deemed, an accord and satisfaction. Landlord may accept a check or payment without prejudice to Landlord’s right to recover the balance due or to pursue any other remedy provided in this Lease. 

k. Submission of this instrument for examination shall not constitute a reservation of or option to lease the Premises or in any manner bind Landlord,
and no lease or obligation on Landlord shall arise until this instrument is signed and delivered by Landlord and Tenant. 
 l. Any claim, cause
of action, liability or obligation arising under the term of this Lease and under the provisions hereof in favor of a party hereto against or obligating the other party hereto and all of Tenant’s indemnification obligations hereunder shall
survive the expiration or any earlier termination of this Lease. 
 m. Binding Arbitration. Notwithstanding anything hereinabove, in the event
that any dispute arises between the parties with respect to whether an Event of Default has occurred under this lease agreement, or with respect to the construction, interpretation, or enforcement of any provision of this agreement (other than an
Event of Default based upon non payment or under payment of Base Rental, Additional Rental, or any other monetary amount that Landlord assesses to Tenant in accordance with the terms hereof, for which Landlord shall be entitled to any other remedies
provided in this Lease ) such dispute may (at the option of either party) be submitted to binding arbitration pursuant to the rules of the American Arbitration Association (“AAA”). Once submitted, the Landlord and Tenant shall select a
qualified arbitrator from the AAA panel of Nashville based arbitrators of commercial real estate disputes, who shall conduct the arbitration. The Landlord and Tenant shall equally divide all reasonable expenses of the AAA associated with this
arbitration. The prevailing party shall be entitled to an award of its reasonable costs and expenses, including attorney’s fees, the AAA arbitrator expenses, and expert fees, from the arbitration. The arbitrator’s decision shall be binding
and enforceable in a court of competent jurisdiction. 
 40. Continuous Operations. Notwithstanding anything hereinabove to the contrary,
Landlord understands that maintenance of Tenant’s computer and communications capabilities for continuous operation and provision of electronic data interchange services to its customers is critical and essential to Tenant’s business
operation. Accordingly, in the event Tenant’s computer and/or communications capabilities are interrupted Landlord will take or permit to be taken, or allow Tenant to take or permit to be taken, any and all reasonable and necessary actions to
restore Tenant’s computer and communications capabilities to full functional capacity, provided that in taking any such action Tenant does not violate any local, state or federal laws, regulations or ordinances and further provided that Tenant
pays for the costs of any such actions if the cost of such actions are Tenant’s responsibility pursuant to the terms of this Lease. 

  
 23 

 IN WITNESS WHEREOF, the parties hereto have executed and sealed this Lease as of the date
aforesaid. 
  

			
	LANDLORD:
	
	Donelson Corporate Centre, LP.
		
	By:	 	JS Development, LLC

			
	Its:	 	General Partner

			
		
	By:	 	 /s/ Floyd Shechter

			
		 	      Floyd Shechter
	Title:	 	Managing Member
	
	TENANT:
	
	Automated License Systems, LLC

			
		
	By:	 	 /s/ James P. Wilson III

			
		
	Print:	 	James P. Wilson III
	Title:	 	CO-CEO

 Limited Guarantors pursuant to the terms of separate
guaranty agreements of even data herewith: 
  

					
	LIMITED GUARANTOR:	 		 	LIMITED GUARANTOR:
			
	 /s/ James P. Wilson III
	 		 	 /s/ Sarah S. Wilson

	James P. Wilson III	 		 	Sarah S. Wilson

  
 24 

 Being a certain tract of land located along the east side of Lebanon Pike in the Fourteenth Councilmenic
District of Nashville, Davidson County, Tennessee, and being more particularly described according to a survey made by Ragan-Smith Associates, Jackie L. Dillshay, Registered Land Surveyor No. 1417, dated May 21, 1997; Job No. 97069,
as follows: 
 Beginning at a concrete monument (old), said monument being the southeast corner of the herein described tract, a corner to the
State of Tennessee Law Enforcement Academy as evidenced in Book 1713, page 50, Register’s Office for Davidson County, Tennessee, and in the east right of way of Lebanon Pike; 
 Thence with the east right of way of Lebanon Pike for the next 7 calls: 1) North 21 degrees 16 minutes 10 seconds East, 414.90 feet to a concrete monument (old); 2) North 22 degrees 16 minutes
10 seconds East 620.26 feet to an iron pin (old); 3) North 23 degrees 54 minutes 30 seconds East, 332.34 feet to an iron pin (old); 4) North 34 degrees 02 minutes 40 seconds East, 107.91 feet to a concrete monument (old); 5) North 61
degrees 02 minutes 50 seconds West, 4.72 feet to a concrete monument (old); 6) North 37 degrees 28 minutes 40 seconds East, 231.14 feet to a concrete monument (old); and 7) North 48 degrees 27 minutes 00 seconds East, 338.87 feet to an
iron pin (old), said pin being a corner to Trinet Trust as evidenced in Book 7379, page 10, said Register’s Office; 
 Thence with the line
of Trinet Trust for the next 7 calls: 1) South 68 degrees 01 minutes 00 seconds East, 372.55 feet to an iron pin (old); 2) south 31 degrees 56 minutes 20 seconds West, 526.90 feet to a concrete monument (old); 3) south 67 degrees 53
minutes 50 seconds East, 60.00 feet to an iron pin (old); 4) South 22 degrees 06 minutes 10 seconds West, 400.03 feet to an iron pin (old); 5) North 67 degrees 53 minutes 50 seconds West, 60.00 feet to a concrete monument (old);
6) South 22 degrees 06 minutes 10 seconds West, 200.01 feet to an iron pin (old); and 7) South 34 degrees 33 minutes 40 seconds West, 736.78 feet to an iron pin (old), said pin being the line of the aforementioned State of Tennessee Law
Enforcement Academy; 
 Thence with the line of the Academy for the next 2 calls: 1) North 83 degrees 45 minutes 40 seconds West, 199.93
feet to an iron pin (old); and 2) North 67 degrees 50 minutes 00 seconds West, 258.07 feet to the point of beginning and containing 34.15 acres, more or less. 
 INCLUDED IN THE ABOVE DESCRIPTION, BUT SPECIFICALLY EXCLUDED THEREFROM is the property conveyed to Nashville Educare as evidenced in Book 5287, page 175, said Register’s Office, and shown as Lot 1 on
the Plat of Donelson Hospital of record in Book 4885, page 153, said Register’s Office. 
 Being the same property conveyed to ECA Realty,
Inc. by deeds from WCA Health Services of Tennessee, Inc., a Tennessee corporation, of record in Book 10368, page 790, said Register’s Office and by deed from RCA-Hospital Corporation of America, a Delaware corporation, of record in Book 10368,
page 790, said Register’s Office. 

 

 

 EXHIBIT B — LANDLORD’S WORK 

WORK LETTER AGREEMENT 
 This Work Letter Agreement (this “WORK LETTER”) is made and entered into as of this 24th day of September, 1999 by and between Donelson Corporate Centre, L.P.
(“Landlord”), and Automated License Systems, LLC a Tennessee Limited Liability Company (“Tenant”) under the following circumstances: 

A. Landlord and Tenant are entering into a Lease of even date herewith (the “Lease”) relating to space in a
building owned by Landlord, known as Building II of the Donelson Corporate Centre, having a street address of 3055 Lebanon Road, Donelson, Tennessee (the “Building”); and 

B. Landlord and Tenant desire entering into this Work Letter for the purpose of setting forth their agreements relating to the design and
construction of the tenant improvements in such space. 
 NOW, THEREFORE, for good and valuable consideration, receipt of which
is hereby acknowledged, Landlord and Tenant agree as follows: 
 1. Tenant Improvements to Designated Space.
Landlord shall install, furnish and construct in a prompt, good and workmanlike manner, the interior partitions, finishes and other tenant improvement work (the “Tenant Improvements”) in and for the Demised Premises in
accordance with the “T.I. Plans and Specifications” to be produced in accordance with Section 2 herein below. It is intended that the Tenant Improvements will include and the T.I. Plans and Specifications will describe all work,
labor, material, installations and construction required to produce in the entirely of the Demised Premises, on a “turn key” basis, a completed space ready for use and occupancy as first class office suites by Tenant, subject only to
installation of furniture and equipment of Tenant. Landlord’s obligation to fund the cost of Tenant Improvements shall be limited to an allowance of $18.00 multiplied by the Rentable Area of the Demised Premises (the “T.I.
Allowance”). For example, if the Rentable Area of the Demised Premises is 1,000 square feet of Rentable Area, then the total T.I. Allowance and obligation of Landlord would be $18,000. 

 

	 	(a)	Landlord shall not enter into any contract for the abstraction of the Tenant Improvements unless the proposed contractor has been approved by Tenant, which approval
shall not be unreasonably withheld or delayed. The contractor that has been approved by Tenant is hereinafter referred to as the “Contractor” and the contract and contract documents approved by the Tenant is hereinafter referred to as the
“Contract.” The cost of the Tenant Improvements as set forth in the Contract shall be referred to as the “Contract Sum”. In the event that the cost of the Tenant Improvements for the Demised Premises which has been approved by
Tenant as aforesaid exceeds the sum equal to $18.00 times the Rentable Square Feet of the Demised Premises, then the Tenant shall be responsible for the costs in excess of $18.00 per Rentable Square Foot. The costs approved by Tenant are set forth
in the bid from D.F. Chase dated September 21, 1999 and attached hereto as Exhibit B-l. 

	 	(b)	Tenant shall pay its share of the costs of the Tenant Finish Work as described above in Section 1(a) (“Tenant’s Share”) by paying Tenant’s
Share directly to the Contractor during the course of the Tenant Finish Work by paying a portion of each “Progress Payment” (as defined in the Contract). Such portion shall be equal to a ratio the numerator of which shall be the amount per
rentable square foot that the contract sum exceeds $18.00 per rentable square foot and the denominator of which shall be the Contract Sum divided by the rentable square feet of the Demised Premises. Tenant’s Share shall also include one hundred
per cent of the cost of any change orders to the Contract Sum (whether increasing or decreasing the Contract Sum) approved by Tenant. Tenant shall have the right to review each draw request for a Progress Payment and any supporting documentation of
each such draw request submitted by the Contractor to the Landlord or Project Architect. 

  

	 	2.	Space Plan and Specifications. 

  

	 	(a)	On or before July 2, 1999, Tenant shall cause its consultant, Design Collective Inc. (the “Review Architect”) to prepare and deliver to Landlord draft
floor plans and outline specifications for the Demised Premises and the Tenant Improvements. Landlord shall not unreasonably withhold or delay its approval of such floor plans and outline specifications. If Landlord has any objections or comments
with respect to such draft floor plans and outline specifications, Landlord shall notify Tenant of such objections in writing within 5 (five) days after Landlord’s receipt thereof or Landlord shall be deemed to have approved such draft floor
plans and outline specifications. Tenant shall promptly cause the requested changes and modifications to be made to the floor plan and outline specifications, and shall promptly resubmit to Landlord the modified floor plan and outline
specifications, which shall be subject to the same review, approval and modification procedures set for above. The final floor plans and outline specifications for the Demised Premises and the Tenant Improvements approved by Landlord shall
hereinafter be referred to as the “T.I. Outline Specifications.” 

  

	 	(b)	 Following approval of the T.I. Outline Specifications, Landlord shall cause its project architect, Design Collective, Inc. (the “Project
Architect”) to prepare and deliver to Tenant for Tenant’s approval (which it shall not unreasonably withhold or delay) within twenty (20) days after Landlord’s approval of the T.I. Outline Specifications as set forth above in
Section 2(a), any and all necessary construction, documents for the Tenant Improvements in the Demised Premises, including but not limited to,
 1/4” architectural, mechanical and electrical
working drawings to scale together with specifications necessary to complete such Tenant Improvements. The construction documents will be prepared based upon the T.I. Outline Specifications, and shall in all material respects be consistent with the
development of such TX Outline Specifications. If Tenant has any objections or comments with respect to such construction documents, working drawings and 

	 	 
specifications, it shall notify Landlord and the Project Architect in writing such objections within five (5) days after receipt thereof or Tenant shall be deemed to have approved such
documents, drawings and specifications. Landlord shall cause the Project Architect in writing to make the requested changes and modifications to the construction documents, working drawings and specifications, and shall resubmit to Tenant and the
Review Architect the modified construction documents, working drawings and specifications, which shall be subject to the same review, approval and modification procedures set forth above. The final construction documents, working drawings and
specifications for the Tenant Improvements approved by Tenant, shall be referred to as the “T.I. Plans and Specifications.” None of the T.I. Plans and Specifications may be changed or otherwise modified without the prior
written consent of Tenant. Said documents are Dated August 10, 1999 and have been modified, reviewed and approved by Tenant (a list of said modifications is attached hereto). 

3. Permits. Landlord shall obtain and maintain all authorizations, approvals and permits required by any governmental
entity for the Tenant Improvements described herein to be performed by Landlord. Tenant shall cooperate with Landlord in obtaining such authorizations, approvals or permits. 
 4. Completion. The Tenant Improvements shall be deemed complete when all of the following have occurred: (A) the Project Architect’s certificate of Final Completion with respect to
the Tenant Improvements shall have been delivered to Landlord and Tenant; (B) Landlord shall have obtained and delivered to Tenant a Temporary Certificate of Occupancy for the Demised Premises from the governmental authority which has authority
to issue such certificates in the jurisdiction wherein the Premises are located, which Temporary Certificate of Occupancy shall indicate that the Final Certificate of Occupancy will be issued in due course; and (C) Landlord and Tenant shall
have accepted the Tenant Finish Work as being in substantial conformity with the T.I. Plans and Specifications and have executed a written acknowledgment of such acceptance setting forth the T.I. Completion Date (the “T.I. Completion Date
Certificate”), excepting punch list items as defined below, which shall also be signed by Landlord. 
 5.
Access Before Completion. Tenant shall have access to the Demised Premises in which Tenant Improvements are being performed prior to completion only for the purposes of inspecting Landlord’s work or otherwise as agreed to by the
parties in writing. 
 6. Punch List Work. Following issuance of the Project Architect’s Certificate of Final
Completion with respect to the Tenant Improvements, Tenant may inspect the Tenant Improvements and prepare a punch list setting forth all incomplete, defective or other items of construction not in conformity to the T.I. Plans and Specifications and
if such punch list is delivered to Landlord, Landlord shall complete or correct all items on the punch list within thirty (30) days of receipt thereof (or within a reasonable period of time if thirty(30) days is insufficient time during which
to complete such item). In the event Landlord fails to complete or correct any or all items on the punch list as herein provided, Tenant may complete or correct any or all such items and Landlord shall reimburse Tenant for the cost thereof plus
interest thereon within thirty 

 
(30) days after receipt from Tenant of written demand for such payment and in the event Landlord fails to reimburse Tenant for such cost and 12% interest within such thirty (30) day period,
Tenant may either deduct such cost and interest from the next ensuing installments of rent coming due under the Lease until such costs plus interest are recovered or pursue whatever remedies Tenant may have against Landlord at law or in equity.
Landlord shall complete and correct each item set forth on the punch list even if the determination of whether the Tenant Improvements have been constructed in substantial conformity with the T.I. Plans and Specifications has been submitted to
arbitration or litigation. 
 7. Defective Work. Landlord warrants to Tenant that (i) the Tenant Improvements
will be constructed in accordance with the T.I. Plans and Specifications, (ii) all materials and equipment furnished will be new, unless otherwise specified, (iii) Tenant Improvements will be of good quality, free from faults and defects,
and (iv) the Tenant Improvements shall be in full compliance with all applicable laws, codes and regulations, including by way of example, but not as a limitation, environmental, zoning, building and land use laws, codes and regulations.
Without limiting the generality of the foregoing, if within one year after the date of substantial completion of all the Tenant Improvements, or within such longer period of time as may be prescribed by law or the terms of any applicable warranty
required by the T.I Plans and Specifications, the Tenant Improvements or any part or element of either is found to be defective or not in accordance with the T.I. Plans and Specifications, Landlord shall correct same within 30 days after receipt of
written notice from Tenant to do so or a longer reasonable period if such correction cannot reasonably be completed within a 30-day period, unless Tenant has previously given Landlord a written acceptance of such condition. Unless such condition is
specifically referred to and accepted in a written instrument delivered to Landlord, acceptance by Tenant of the Tenant Improvements pursuant to the lease shall not be deemed to be written acceptance of any such condition. 

 
			
	LANDLORD:
	
	Donelson Corporate Centre, LP.
		
	By:	 	JS Development, LLC,
	its General Partner
		
	By:	 	 /s/ Floyd Shechter

	
	TENANT:
	
	Automated License Systems, LLC
		
	By:	 	 /s/ James P. Wilson III

		 	James P. Wilson III

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