Document:

Exhibit 10.62

 

United Natural Foods, Inc.

(the “Company”)

 

Summary of Director and Executive Officer Compensation

 

I.              Director
Compensation.  Directors who
are employees of the Company do not receive additional compensation for serving
as directors of the Company.  The
following table sets forth current rates of cash compensation for the Company’s
non-employee directors.

 

Retainers and Fees

 

	
  Board
  retainer (other than lead independent director)

  	
   

  	
  $30,000

  
	
  Lead
  independent director retainer

  	
   

  	
  $75,000

  
	
  Board
  meeting fee

  	
   

  	
  $2,200
  (in person); $1,100 (telephonic)

  
	
  Compensation,
  Nominating and Governance and Finance committee meeting fee

  	
   

  	
  $1,100

  
	
  Audit
  committee meeting fee

  	
   

  	
  $1,700

  
	
  Compensation,
  Nominating and Governance and Finance committee chairs’ retainers

  	
   

  	
  $8,000

  
	
  Audit
  committee chair retainer

  	
   

  	
  $15,000

  

 

In
addition to the cash compensation set forth above, each non-employee director
has historically received a grant of non-qualified stock options and a grant of
restricted stock units annually.  The
non-employee directors are also eligible to participate in the United Natural
Foods Deferred Compensation Plan and the United Natural Foods Deferred Stock
Plan, which are nonqualified deferred compensation plans administered by the
Compensation Committee of the Board of Directors. Under the Deferred
Compensation Plan, each non-employee director participant may elect to defer a
minimum of $1,000 and a maximum of 100% of the director fees earned by such
participant in a calendar year. Under the Deferred Stock Plan, each
non-employee director participant may elect to defer between 0% and 100% of
such director’s compensation from restricted stock awards.

 

II.            Executive Officer Compensation.  The following table sets forth the current
base salaries and fiscal 2009 cash incentive awards paid to the individuals who
are anticipated to constitute the Company’s “named executive officers” for the
2009 fiscal year:

 

	
  Executive Officer

  	
   

  	
  Current Base Salary

  	
   

  	
  Fiscal 2009 Bonus Payout

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
  Steven L. Spinner

  	
   

  	
  $

  	
  775,000

  	
   

  	
  $

  	
  424,390

  	
   

  
	
  Mark E. Shamber

  	
   

  	
  $

  	
  350,000

  	
   

  	
  $

  	
  157,974

  	
   

  
	
  Daniel V. Atwood

  	
   

  	
  $

  	
  198,000

  	
   

  	
  $

  	
  0

  	
   

  
	
  John Stern

  	
   

  	
  $

  	
  288,400

  	
   

  	
  $

  	
  127,456

  	
   

  
	
  Michael Beaudry

  	
   

  	
  $

  	
  360,294

  	
   

  	
  $

  	
  225,726

  	
   

  

 

 

The
Company’s named executive officers also participate in the Company’s cash
incentive programs established for the 2010 and 2011 fiscal years and will
continue to receive long-term incentive awards pursuant to the Company’s
stockholder approved equity incentive plans.

 

III.           Additional Information.  The foregoing information is summary in
nature.  Additional information regarding
director and named executive officer compensation will be provided in the
Company’s proxy statement to be filed in connection with the 2010 annual
meeting of shareholders.

 

2Exhibit 10.64

 

FIRST
AMENDMENT TO OFFICE LEASE

 

THIS FIRST AMENDMENT TO OFFICE LEASE (this “First Amendment”) is made as of May 12,
2009, by and between ALCO CITYSIDE FEDERAL LLC, a Rhode Island limited
liability company (“Landlord”),
and UNITED NATURAL FOODS, INC., a Delaware corporation (“Tenant”).

 

RECITALS

 

WHEREAS,
Landlord is the master lessee of certain buildings located at 317 Iron Horse
Way in Providence, Rhode Island, and commonly known as American Locomotive
Works, consisting of two buildings known as “Building #51” (containing
approximately 90,000 rentable square feet of space) and “Building #52”
(containing approximately 40,737 rentable square feet of space) (collectively,
the “Building”);

 

WHEREAS, Landlord and
Tenant are the parties to that certain Office Lease dated October 16, 2008
(the “Lease”) relating Tenant’s lease
from Landlord of certain
space having a Rentable Area of 52,560 square feet and located on the first and
second floor of Building #52 and the second floor of Building #51 of the
Building (the “Premises”);

 

WHEREAS, Landlord and
Tenant desire to modify certain provisions in the Lease as set forth in this
First Amendment; and

 

WHEREAS, capitalized
terms used but not defined herein will have the meanings given to such terms in
the Lease.

 

NOW, THEREFORE, in
consideration of the foregoing and the mutual promises set forth herein and for
other good and valuable consideration, the receipt of which is hereby
acknowledged, the parties do hereby agree as follows:

 

1.                                       The following new definition is added to Section 1.1
of the Lease, after the definition of “Default Rate”:

 

“Initial Liquidated Damages” shall be defined as the
daily rate of $3,157.22 per day calculated from May 15, 2009 to the Rent
Commencement Date as defined in Section 3.1.2., as long as such Rent
Commencement Date is no later than September 1, 2009.  By way of example, if the Rent Commencement
Date is September 1, 2009, a period of 108 days will have elapsed, the
Initial Liquidated Damages amount would be $340,979.76.  If the Rent Commencement Date is August 1,
2009, a period of 77 days will have elapsed, the Initial Liquidated Damages
amount would be $243,105.94.

 

2.                                       The following new definition is added to Section 1.1 of the Lease,
after the definition of “Landlord”:

 

“Landlord Delay”
means a delay in the completion of Landlord’s Work if and to the extent caused primarily
by Landlord’s failure to timely comply with the requirements set forth in the
Landlord’s Work (as defined in Section 10.1.1) beyond the Target Delivery

 

 

Date.  Unavoidable
Delay or delay caused by Tenant (meaning a delay constituting a Tenant Delay,
as defined in Section 1.1 hereunder) shall not constitute Landlord Delay.

 

3.                                       The following new definition is added to Section 1.1 of the Lease,
after the definition of “Landlord Delay”:

 

“Late Delivery
Liquidated Damages” shall be defined as the
daily rate of $6,314.44 (two times the Initial Liquidated Damages daily rate of
$3,157.22) per day for the period commencing September 1, 2009 through September 15,
2009; and the daily rate of $9,471.66 (three times the Initial Liquidated
Damages daily rate of $3,157.22) per day for the period commencing September 15,
2009 until Tenant’s Outside Termination Date. 
By way of example, if the Rent Commencement Date is September 15,
2009, the Initial Liquidated Damage amount would be $340,979.76 and the Late
Delivery Liquidated Damages amount would be $88,402.16 for a total of
$429,381.92.

 

4.                                       The following new definition is added to Section 1.1 of the Lease,
after the definition of “Operating Year”:

 

“Outside
Termination Date” shall mean November 1, 2009.

 

5.                                       The following new definition is added to Section 1.1 of the Lease,
after the definition of “Rules and
Regulations”:

 

“Target Delivery Date” shall mean September 1, 2009, as
further defined set forth in Section 3.1.2.

 

6.                                       The following new definition is added to Section 1.1 of the Lease,
after the definition of “Tenant Electric”:

 

“Tenant Upgrade
Change Order Memorandum” shall have the meaning set
forth in Section 10.1.2., and as provided as Exhibit E-1.

 

7.                                       The following new definition is added to Section 1.1 of the Lease,
after the definition of “Term”:

 

“Unavoidable Delay”
means a delay in the prescribed schedule or meeting a deadline in the Lease which is
caused by (a) acts of God or extreme weather;  (b) labor
strikes or deliberate actions by labor to disrupt construction; (c)  inordinate delays in the building
inspection process by state or city agencies; (d) inordinate delays in
utility service installation or inspection; and (e) shortages or late
delivery of specialized materials specific to Tenant Change Orders and required
for Substantial Completion.  Any instance
of Unavoidable Delay will not constitute Tenant Delay or Landlord Delay, and
such days shall not be calculated for purposes of Initial Liquidated Damages
and/or Late
Delivery Liquidated Damages payments.

 

8.                                       The following
is added at the end of Section 3.1.2 of the Lease:

 

 

Landlord
and Tenant expect that the Rent Commencement Date will be September 1, 2009
(the “Target Delivery Date”).

 

9.                                       Landlord and Tenant agree to
explore a possible
amendment to Section 6.5 and Exhibit H
related to parking to support the LEED certification process.  No modification to Section 6.5 shall
occur without the written consent of Landlord and Tenant.

 

10.                                 Section 8.6
of the Lease is hereby deleted in its entirety and
substituted therefore is the following:

 

8.6                                 Central HVAC System; Photovoltaic Power. 
Electricity costs for powering the central HVAC system serving the
Building shall be a part of Operating Costs. 
If Tenant desires to install a photovoltaic
power system, Landlord shall provide Tenant with reasonable and necessary
rights through a licensing agreement or other acceptable vehicle for access to
and use of the roof and related common areas and shall cooperate relative to
the installation of roof penetrations, conduit installations, switchgear,
metering and the like.  Landlord shall
be responsible, at Landlord’s expense, for project management, legal and other
reasonable expenses incurred by Landlord in cooperating with Tenant relative to
the installation and licensing of a photovoltaic system.  Tenant shall be permitted use of
the roof for this system at no additional rental cost.  Tenant
shall be responsible for any additional costs associated with the photovoltaic
system including design, engineering, structural requirements, roof
penetrations, repair and electrical requirements.  Tenant shall be the sole beneficiary of
energy generated by the system for the entire Term.  At the end of the Original Term or any
Renewal Term, so long as Tenant shall not be in default of its obligations
hereunder, the photovoltaic power system shall not become a Fixture under Section 10.4.  Instead, Tenant shall have ninety (90) days
from Lease termination to remove the photovoltaic power system from the
Premises.  Tenant shall be responsible
for the cost of removing such system and for the cost of restoring any damage
to the Building in accordance with Section 10.2.2.  Tenant shall have no right to remove such
system if Tenant is in default of its obligations hereunder.  Alternatively, Tenant shall have the right,
exercisable by written notice to Landlord within such 90-day period, to abandon
and hence relinquish all right, title and interest to such system in favor of
Landlord.  Together with any written
notice of abandonment, Tenant shall deliver to Landlord a fully executed bill
of sale (“as is”, “where is” and without warranty) and copies of documentation
relating to the purchase, installation, specifications and warranties
concerning such system.  Tenant shall be
the sole beneficiary of any renewable energy tax credits related to expenses
incurred by Tenant in connection with the photovoltaic system.

 

11.                                 The following is added to the end of Section 10.1.1
of the Lease, after “Landlord’s Work”:

 

If the Rent Commencement Date occurs on or before September 1,
2009, Landlord shall pay to Tenant Initial Liquidated Damages,  as calculated using the formula set forth in the definition
of “Initial Liquidated Damages”.  If
the Rent Commencement Date occurs after September 1, 2009, Landlord
shall pay to Tenant Late Delivery Liquidated Damages,  as
calculated using the formula set forth in the definition of “Late Delivery 

 

 

Liquidated Damages”.  Initial Liquidated Damages and Late Delivery
Liquidated Damages shall be paid by Landlord as a credit against Tenant
Excess.  Landlord shall provide an accounting of all Tenant
Change Orders to Tenant, and Landlord shall credit against such Tenant Change Orders
the amount of (up to) the Initial Liquidated Damages.  Once the Initial Liquidated Damages amount
has been fully credited by Landlord against Tenant Change Orders, Landlord
shall invoice Tenant monthly for Tenant Change Order work in place on a percent
complete basis.  Such payment shall be due in five (5) days and, to
the extent not timely paid, shall accrue interest at an annualized rate of
eighteen percent (18%).  Upon
Substantial Completion, Landlord shall provide Tenant with a final accounting of
the Tenant Change Order and aggregate Liquidated Damages.  To the extent
the aggregate Liquidated Damages exceed the total cost of Tenant Change Orders,
Tenant shall invoice Landlord.  If the Rent Commencement Date does not occur by the Outside Termination
Date, either Landlord or Tenant shall have the option, at their discretion, to
terminate this Lease.  In the event of
such termination, Landlord shall pay within five (5) days of Tenant’s
written demand, to Tenant, in cash, the applicable amount of Initial
Liquidated Damages and Late Delivery Liquidated Damages.  In the event Landlord does not timely pay
such liquidated damages, interest shall accrue on the unpaid balance at the annualized
rate of eighteen percent (18%).

 

12.                                 The following sentence is stricken from the end of Section 10.1.2:  “If Tenant provides such additional funding, the
promissory note and lease amendment in connection therewith shall be in
substantially the form attached hereto as Exhibit E.”  In addition, the forms of First Amendment to
Lease and Promissory Note appearing at Exhibit E
to the Lease are deleted, and substituted therefor is “Intentionally Omitted”.

 

13.                                 The following is added to the end of Section 10.1.2 of the Lease,
after “Term of the Lease”:

 

Attached hereto as Exhibit E-1 is a schedule showing items of Tenant
Excess requested by Tenant and approved by Landlord (the “Tenant Upgrade Change Order Memorandum”).  The procurement of Tenant Change Orders as
defined in 10.1.2 shall be performed on an “open book” basis, with all project
professional, general and subcontractor bids and costs being available for
review by Tenant or Tenant’s representative. 
Such costs shall limit the aggregated general conditions and general
requirements to five (5%) percent of hard costs related specifically to the
Tenant Change Order, and fee shall be limited to five (5%) of hard costs.  Tenant shall have the right to approve such
bids prior to the execution of contracts related specifically to Tenant Change
Orders, but such approval shall not be unreasonably withheld, conditioned or
delayed, and Tenant’s failure to approve within five (5) business days may
result in Tenant Delay as defined in Section 1.1.

 

14.                                 The following is added to the end of Section 10.1.3 of the Lease,
after “by written notice to Tenant”:

 

In
order to ensure compliance by Landlord with its obligations to perform Landlord’s
Work, Tenant shall work with
representatives from Peregrine Group LLC (“Peregrine”).  Peregrine has been retained on behalf of
Landlord to serve as the primary point of contact 

 

 

for project coordination.  Peregrine will remain on-site during the
build-out, monitor work and advise Tenant of any deviations from the approved
plans and specifications.  At its
reasonable discretion, Tenant may elect to employ a third party tenant representative
(“Tenant’s Inspector”).  Tenant’s Inspector will remain on-site
during the build-out, monitor work and advise Tenant of any possible deviations
from the plans and specifications. 
Tenant’s Inspector will not deal directly with the general contractor,
nor will Tenant’s Inspector have any authority to act on behalf of Tenant,
modify any plans and specifications and/or stop any work.  Tenant’s Inspector shall report directly to
Tom Dziki or his designee.  The fact that
Tenant’s Inspector was present during any non-compliant work does not serve as
a waiver by Tenant of any non-compliance.  Landlord shall reimburse Tenant for Tenant’s
Inspector services up to $15,000.

 

15.                                 Exhibit C attached to the Lease,
the Schedule of Landlord’s Work, is hereby amended to include the Project
Manual and Specifications, Volume 1 & 2 dated 2/10/09 prepared by DBWV
Architects; Construction
Drawings for ALCO Building 51 & 52 for United Natural Foods, Inc.
Tenant Fit Out dated 2/10/09 prepared by DBWV Architects, DBVW Addendum
1 dated March 5, 2009, AHA Addendum 1 dated 3.4.09.  Note that exceptions to the
Landlord’s obligations included in Exhibit C
are described in Exhibit E-1,
the Tenant Upgrade Change Order Memorandum.

 

16.                                 Exhibit F attached to the Lease,
the Schedule of Deliveries, is hereby deleted in its entirety and substituted
therefore is Exhibit F
dated April 29, 2009 attached hereto.

 

17.                                 Section 20 of the Lease governing
Notices is hereby amended to require that a copy of any notice delivered to
Landlord be simultaneously delivered to Chevron U.S.A. Inc., c/o Chevron TCI, Inc.,
345 California Street, San Francisco, CA 94104, Attention:  Nadine R. Barroca.

 

18.                                 Landlord shall provide appropriate
documentation to Tenant on an open book basis relative to sales tax receipts
associated with the construction of Tenant’s space.  Landlord shall use
best efforts to cooperate fully with Tenant to maximize any economic benefits
available to Tenant associated with government or economic development agency
incentives or subsidies.

 

19.                                 Landlord and Tenant hereby acknowledge
that the Lease remains in full force and effect, except to the extent amended
by this First Amendment, and is enforceable in accordance with its terms, as
amended hereby.

 

20.                                 The Lease, as
amended hereby, constitutes the entire agreement between the parties hereto and
supersedes all prior dealings between them with respect to such subject matter,
and there are no verbal or collateral understandings, agreements,
representations or warranties not expressly set forth in the Lease or this
First Amendment.  No subsequent
alteration, amendment, change or addition to this Lease shall be binding upon
Landlord or Tenant, unless reduced to writing and signed by the party or
parties to be charged therewith.

 

 

21.                                 This First Amendment may be executed in
several counterparts and all so executed shall constitute one agreement binding
on all parties hereto, notwithstanding that all the parties have not signed the
original or the same counterpart.

 

22.                                 Each provision of this First Amendment
shall be considered separable and (a) if for any reason any provision or
provisions herein are determined to be invalid and contrary to any existing or
future law, such invalidity shall not impair the operation of or affect those
portions of this First Amendment which are valid.

 

23.                                 The covenants and agreements contained
herein shall be binding upon, and inure to the benefit of, the heirs, legal
representatives, successors and assigns of the respective parties hereto.

 

24.                                 This First Amendment shall be governed by
and construed in accordance with the domestic laws of the State of Rhode Island
without giving effect to any choice or conflict of law provision or rule (whether
of the State of Rhode Island or any other jurisdiction) that would cause the
application of the laws of any jurisdiction other than the State of Rhode
Island.

 

[signatures appear
on next page]

 

 

IN WITNESS WHEREOF, each
party hereto has executed this First Amendment, or caused it to be executed on
its behalf by its duly authorized representative, on the date first above
written.

 

	
  LANDLORD:

  	
   

  	
  ALCO
  CITYSIDE FEDERAL LLC, a Rhode Island limited liability company, by its
  manager, ALCO 85
  MANAGER LLC, a Rhode Island limited liability company

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By:

  	
  /s/
  John R. Kovacs

  
	
   

  	
   

  	
   

  	
  John R. Kovacs

  
	
   

  	
   

  	
   

  	
  Vice President and
  Treasurer

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  
	
  TENANT:

  	
   

  	
  UNITED
  NATURAL FOODS, INC., a Delaware corporation

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By:

  	
  /s/
  Mark Shamber

  
	
   

  	
   

  	
   

  	
  Mark
  Shamber

  
	
   

  	
   

  	
   

  	
  Chief
  Financial Officer

  

 

 

EXHIBIT C

 

Amendment to Exhibit C

 

Schedule of Landlord’s Work

 

The following plans and
specifications, with the exceptions noted in Exhibit E-1,
shall constitute Landlord’s obligations for improvements under the Lease:

 

·                  Project Manual and Specifications, Volume 1 &
2 dated 2/10/09 prepared by DBWV Architects;

 

·                  Construction Drawings for ALCO Building 51 &
52 for United Natural Foods, Inc. Tenant Fit Out dated 2/10/09 prepared by
DBWV Architects, DBVW Addendum 1 dated March 5, 2009, AHA
Addendum 1 dated 3.4.09;
and

 

·                  Sketch Drawings SK01 — SK11 dated 4/13/09 prepared by
DBWV Architects.

 

Note that exceptions to the Landlord’s obligations
included in Exhibit C are described
in Exhibit E-1, the Tenant
Upgrade Change Order Memorandum.

 

 

EXHIBIT
E-1

 

Tenant
Upgrade Change Order Memorandum

 

This exhibit is based on the following information which will be
updated by addenda and field revisions throughout the design and construction
process:

 

·                  Project
Manual and Specifications, Volume 1 & 2 dated 2/10/09 prepared by DBWV
Architects;

 

·                  Construction Drawings for ALCO Building 51 & 52 for
United Natural Foods, Inc. Tenant Fit Out dated 2/10/09 prepared by DBWV
Architects, DBVW Addendum 1 dated March 5, 2009, AHA Addendum 1 dated
3.4.09; and

 

·                  Sketch Drawings SK01 — SK11 dated 4/13/09 prepared by DBWV
Architects.

 

TENANT UPGRADES:

 

Tenant Upgrades
shall include, but not be limited to, the list of Tenant directed alterations
below.  It is understood by both Tenant
and Landlord that the Schedule of Deliveries attached as Exhibit F, which
defines a target Rent Commencement Date of September 1, 2009, includes the
completion of the Tenant Upgrades listed below. 
Additional Tenant Change Order beyond the list below may be subject to
the definition of Tenant Delay in Section 1.  Both Tenant and Landlord agree to make best
efforts to expedite decision-making to support the delivery schedule.

 

It is further
agreed by both Tenant and Landlord that the list below in its current form is
an outline specification, and that the scope of Tenant Upgrades shall be
approved or rejected by the Tenant on an item by item basis or in total as
detailed specifications and full pricing is available.  While recognizing the need for efficient
decision making, both Tenant and Landlord acknowledge the likelihood of a
certain level of value engineering, particularly on design solutions that are
solely for aesthetic purposes, such as the entry vestibule staircase.

 

Additional soft
costs shall also be included from any tenant upgrade design work required
during the design and construction phases, including but not limited to
architectural, interior design, mechanical, electrical, plumbing and structural
design and code enforcement.

 

	
  Division

  	
   

  	
  Tenant Upgrade

  
	
  Div 3-300

  	
   

  	
  Concrete
  - Cut and Patch at Training Kitchen

  
	
  Div
  3-300

  	
   

  	
  Concrete
  - Cut and Patch for Conference Room (3)

  
	
  Div
  5-520

  	
   

  	
  Handrails
  and Railing - Rework Steel Stairs

  
	
  Div
  6-220

  	
   

  	
  Millwork
  - Display Board

  
	
  Div
  6-220

  	
   

  	
  Millwork
  - Demo Table Cooktop

  
	
  Div
  6-220

  	
   

  	
  Millwork
  - Solid Surfacing Countertops

  
	
  Div
  6-220

  	
   

  	
  Millwork
  - Maple Veneer Cabinets Upgrade

  

 

 

	
  Div
  6-220

  	
   

  	
  Millwork
  - Wood Bench

  
	
  Div
  6-220

  	
   

  	
  Millwork
  - Built In Mail Cubbies

  
	
  Div
  6-220

  	
   

  	
  Millwork
  - Wood Panels

  
	
  Div
  6-220

  	
   

  	
  Millwork
  - Wood Base

  
	
  Div
  6-600

  	
   

  	
  Plastic
  Fabrications - Acrylic Panels

  
	
  Div
  8-800

  	
   

  	
  Glazing
  - Borrowed Light Glazing

  
	
  Div
  8-800

  	
   

  	
  Glazing
  - Door Type A& C Glazing

  
	
  Div
  8-800

  	
   

  	
  Glazing
  - Glass at open stair / guardrail

  
	
  Div
  8-800

  	
   

  	
  Glazing
  - Vestibule at 52 1st Floor

  
	
  Div
  9-250

  	
   

  	
  Gypsum
  Wallboard - Drywall Upgrades

  
	
  Div
  9-250

  	
   

  	
  Gypsum
  Wallboard - Wood Blocking

  
	
  Div
  9-300

  	
   

  	
  Tile -
  Ceramic Tile at 52 - 117 Waiting Area

  
	
  Div
  9-300

  	
   

  	
  Tile -
  Ceramic Tile at Lobby

  
	
  Div
  9-300

  	
   

  	
  Tile -
  Ceramic Tile at Stairs

  
	
  Div
  9-510

  	
   

  	
  Acoustical
  Ceiling - Acoustical Ceiling

  
	
  Div
  9-510

  	
   

  	
  Acoustical
  Ceiling - Lobby Acoustical Ceiling

  
	
  Div
  9-650

  	
   

  	
  Resilient
  Flooring - Vinyl Flooring upgrade from standard VCT to Forbo sheet and tile
  flooring

  
	
  Div
  9-680

  	
   

  	
  Carpeting
  — Upgrade to carpet tile at $28.75 + $6.75 installed

  
	
  Div
  9-900

  	
   

  	
  Paint
  Complete - Paint Strip at Brick

  
	
  Div
  11-450

  	
   

  	
  Residential
  Equipment - Appliances

  
	
  Div
  12-490

  	
   

  	
  Window
  Treatments - Window Treatment at Skylights, mechanical blinds

  
	
  Div 15-400

  	
   

  	
  Plumbing Complete - Plumbing Upgrades (34 Fixtures
  to be reviewed against the work letter $4,000)

  
	
  Div
  15-400

  	
   

  	
  Plumbing Complete - Pumps at Coffee Stations

  
	
  Div
  15-400

  	
   

  	
  Plumbing Complete - Test Kitchen

  
	
  Div
  15-400

  	
   

  	
  Plumbing Complete - Photo Shop

  
	
  Div
  15-700

  	
   

  	
  HVAC -
  Split System units and ECUH

  
	
  Div
  16-050

  	
   

  	
  Electrical
  Complete - Power and CATV in Board Room

  
	
  Div
  16-050

  	
   

  	
  Electrical
  Complete - Relocate Conduit at
  Exterior Brick Walls (currently shown is drawings for aesthetic purposes)

  
	
  Div
  16-050

  	
   

  	
  Electrical
  Complete - Electrical Upgrades re: plans vs. work letter for power, tel/data,
  in slab work, cable tray, door control boxes, mecho shade, PV elec
  requirements

  
	
  Div
  16-400

  	
   

  	
  Low
  Voltage Distribution — Tel/Data Wiring

  
	
  Div
  17-800

  	
   

  	
  Liability
  Insurance ($.0045/ $1.00) for Tenant Upgrades Change Order value

  
	
  Div
  17-999

  	
   

  	
  Contingency
  / Escalation - General Conditions shall be limited to five (5%) of Hard
  Costs, and no Contingency shall be applied to Tenant Change Orders.

  
	
  Div
  18-100

  	
   

  	
  Overhead &
  Profit (5%) shall be calculated against Hard Costs, and shall not includes
  Contingency, Payment and Performance Bonds, Insurance or Preconstruction
  Costs (no Preconstruction Costs are anticipated)

  

 

2

 

EXCLUSIONS:

 

All items agreed
to be tenant upgrades shall be excluded from the Landlord’s responsibility from
the plans and specifications.  In
addition, in those instances where the Specifications contain sections that do
not apply to this work, these sections are excluded.  Additional exclusions include but are not
limited to the following:

 

Specifications

Section 01 91
00-10, 1.07 - Remove footnote 1 on IAQ - Commissioning

Section 033000-3,
1.5, H — Mockups remove exterior ramp and formed surface panels

Section 033000-5,
2.7, A — Slip Resistive Emery Aggregate Finish

Section 033000-12,
3.10 - Liquid Floor Treatments

Section 061000-5,
2.5 - Dimension Lumber Framing

Section 061000-6,
2.7, A,1/B, 1 - Subflooring and Underlayment Thickness shall be 3/8”

Section 061000-9,
3.4 - Wall and Partition Framing Installation

Section 061000-10,
3.5 - Floor Joist Framing Installation

Section 064000-4,
2.1,G - Engineered Quartz Countertop

Section 064000-4,
2.2, A - Grommets for Cable Passage

Section 064000-4,
2.2, C - Clothes Rods

Section 064000-4,
2.2, D - Keyboard Trays

Section 064000-7,
2.8 - Engineered Quartz Countertop

Section 26 00
00-24, 2.23 Telephone Data System — system design and installation by tenant

 

Additional Exclusions

Appliances

AV & sound
equipment

Work station furniture

Legal fees specific to
Tenant Upgrades

Data wiring & equipment

Overtime for subcontractors,
as instructed by Tenant

FF & E

Design Fees

Code variance cost due to
tenant upgrades

Modification to base
building work for tenant upgrades

 

3

 

EXHIBIT F

 

Schedule of Deliveries

 

TRANSMITTED
AS A SEPARATE ATTACHMENT

 

4

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