Document:

Exhibit 4.3

 

UNIT CERTIFICATE

 

	
  NO. U-

  	
                  

  	
   

  	
   

  	
   

  	
                  

  	
  UNITS

  

 

	
  CUSIP 44930M 30 2       

  
	
  SEE REVERSE FOR CERTAIN DEFINITIONS

  

 

ICOP DIGITAL, INC.

 

Unit
Certificate

 

 

INCORPORATED UNDER THE LAWS OF THE STATE OF COLORADO

 

EACH UNIT CONSISTING OF TWO SHARES

OF COMMON STOCK, NO PAR VALUE,

AND TWO REDEEMABLE WARRANTS

 

 

THIS CERTIFIES THAT

 

or registered assigns (the “Registered
Holder”) is the owner of the number of Units specified above, each of which
consists of two shares of common stock, no par value, of ICOP Digital, Inc.
(the “Common Stock”), and two redeemable warrants, each warrant to purchase one
share of Common Stock (collectively, the “Warrants”). On or prior to the
Separation Time (as defined herein), the securities evidenced by this
certificate may be combined, exchanged or transferred only as Units, and the
Common Stock and Warrants evidenced by this Certificate may not be split up,
exchanged or traded separately. The Units may separate into shares of Common
Stock and Warrants as of the close of business on                                            ,
2005 [thirty days after the effective date of the public
offering of Units], or at any time after that date, in the
discretion of Paulson Investment Company, Inc. (the “Separation Time”).
The shares of Common Stock and the Warrants comprising the Units shall be
separately tradeable commencing on the first day after the Separation Time on
which [The Nasdaq SmallCap Market] is open
for trading. The Warrants comprising part of the Units are issued under and
pursuant to a certain Warrant Agreement dated as of                                            ,
2005  (the “Warrant Agreement”), between NuVim, Inc.
and Computershare Trust Company, Inc., as Warrant Agent (the “Warrant
Agent”), and are subject to the terms and provisions contained therein and on
the face of the certificates covered thereby, to all of which terms and
provisions the holder of this Unit Certificate consents by acceptance hereof.
The Warrant Agreement provides for adjustment in the number of shares of Common
Stock to be delivered upon the exercise of Warrants evidenced hereby and to the
exercise price of such Warrants in certain events therein set forth. Subject to
the foregoing, the number of Warrants and the number of shares of Common Stock
comprising the Units are equal.

 

Copies of the Warrant
Agreement are available for inspection at the stock transfer office of the
Warrant Agent and Registrar or may be obtained upon written request addressed
to ICOP Digital, Inc., 16801 W. 116th Street, Lenexa, Kansas
66219, Attention: Chief Financial Officer.

 

This Unit Certificate is not
valid unless countersigned by the Warrant Agent and Registrar of the Company.

 

IN WITNESS WHEREOF, ICOP
Digital, Inc. has caused this Unit Certificate to be duly executed
manually or in facsimile by two of its officers thereunto duly authorized.

 

 

Dated:

 

	
   

  	
   

  	
  ICOP Digital, Inc.

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By:

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  President and Chief
  Executive Officer

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  Attest:

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  Secretary

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  
	
  Countersigned

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
  Computershare Trust Company, Inc.

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
  Transfer Agent and
  Registrar and Warrant Agent

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
  350 Indiana Street, Suite 800

  	
   

  	
   

  
	
  Golden, CO  80401

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
  By:

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
  Authorized Signature

  	
   

  	
   

  
								

 

 

ICOP DIGITAL, INC.

 

The Registered Holder hereby
is entitled, at any time after the Separation Time (as defined on the face
hereof) to exchange the Units represented by this Unit Certificate for Common
Stock Certificate(s) representing two shares of Common Stock for each Unit
represented by this Unit Certificate and Warrant Certificate(s) representing two
redeemable Warrants for each Unit represented by this Unit Certificate upon
surrender of this Unit Certificate to the Warrant Agent and Registrar together
with any documentation required by such agent.

 

REFERENCE IS MADE TO THE
WARRANT AGREEMENT REFERRED TO ON THE FACE HEREOF, AND THE PROVISIONS OF SUCH
WARRANT AGREEMENT SHALL FOR ALL PURPOSES HAVE THE SAME EFFECT AS THOUGH FULLY
SET FORTH ON THE FACE OF THIS CERTIFICATE. COPIES OF THE WARRANT AGREEMENT MAY BE
OBTAINED UPON WRITTEN REQUEST FROM THE WARRANT AGENT AND REGISTRAR, COMPUTERSHARE
TRUST COMPANY, INC.

 

The following abbreviations,
when used in the inscription on the face of this certificate, shall be
construed as though they were written out in full according to applicable laws
or regulations.

 

 

	
  TEN COM –

  	
   

  	
  as tenants in common

  	
   

  	
  UNIF GIFT MIN ACT –

  	
   

  	
   

  	
  Custodian

  	
   

  
	
  TEN ENT –

  	
   

  	
  as tenants by the
  entireties

  	
   

  	
   

  	
   

  	
  (Cust)

  	
   

  	
  (Minor)

  
	
  JT TEN –

  	
   

  	
  as joint tenants with
  rights of

  	
   

  	
   

  	
   

  	
  under Uniform Gifts to
  Minors

  
	
   

  	
   

  	
  survivorship and not as
  tenants

  	
   

  	
   

  	
   

  	
  Act

  	
   

  
	
   

  	
   

  	
  in common

  	
   

  	
   

  	
   

  	
  (State)

  
	
   

  	
   

  	
   

  	
   

  	
  UNIF TRF MIN ACT –

  	
   

  	
   

  	
  Custodian

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
  (Cust)

  	
   

  	
  (Minor)

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
  under Uniform Transfers to

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
  Minors Act

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
  (State)

  
											

 

Additional abbreviations may
also be used though not in the above list.

 

 

FORM OF ASSIGNMENT

 

(TO BE SIGNED ONLY UPON ASSIGNMENT)

 

	
  FOR VALUE RECEIVED,

  	
   

  

 

hereby sell(s), assign(s),
and transfer(s) unto

 

(PLEASE INSERT SOCIAL
SECURITY

OR OTHER IDENTIFYING NUMBER

OF ASSIGNEE)

 

 

	
   

  
	
   

  
	
   

  
	
  (PLEASE PRINT NAME AND ADDRESS, INCLUDING ZIP CODE, OF ASSIGNEE)

  
	
   

  	
   

  
	
   

  	
  Shares

  
	
  of the Units represented
  by the within Certificate, and do(es) hereby irrevocably constitute and
  appoint

  	
   

  
	
   

  	
  Attorney

  
	
  to transfer the said Units
  on the books of the within named Corporation with full power of substitution
  in the premises.

  
	
   

  
	
   

  
	
  Dated:

  
	
   

  
	
   

  	
   

  
	
  (Signature must conform in
  all respects to the name of Registered Holder as specified on the face of
  this Warrant Certificate in every particular, without alteration or any
  change whatsoever, and the signature must be guaranteed in the usual manner.)

  	
   

  
	
   

  
	
   

  
	
  Signatures Guaranteed:

  
	
   

  
	
   

  	
   

  
	
  The signatures should be
  guaranteed by an eligible institution (banks, stockbrokers, savings and loan
  association and credit unions with membership in an approved signature
  medallion program), pursuant to S.E.C. Rule 17Ad-15.Exhibit 10.7

 

GROSS LEASE

w/ BASE YEAR

EXPENSE STOP

 

 

OFFICE LEASE

for

ICOP Digital, Inc.

Suite 260

11011 King Street

Overland Park

Kansas  66210

 

 

OFFICE LEASE

 

THIS LEASE AGREEMENT (this “Lease”) is made
and entered into to be effective as of June 4, 2003, by and between Lessor
and Lessee (as defined herein), who agree that, in consideration of the
obligations of Lessee to pay rent as herein provided, Lessor hereby leases the
Premises (as defined herein) to Lessee and Lessee hereby leases the Premises
from Lessor, subject to all of the terms, covenants and conditions hereof, as
follows:

 

ARTICLE 1
- DEFINED TERMS AND GENERAL CONDITIONS

 

Section 1.1                                   Defined Terms.  The terms listed below (“Defined Terms”) shall
have the following meanings throughout this Lease:

 

	
  (a)

  	
   

  	
  Lessor:

  	
   

  	
  King Street Properties, L.L.C., a Kansas limited
  liability company, as owner/agent

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
  (b)

  	
   

  	
  Lessee:

  	
   

  	
  ICOP Digital, Inc., a Nevada corporation

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
  (c)

  	
   

  	
  Building:

  	
   

  	
  The two story office building with an address
  of: 11011 King Street, Overland Park, Kansas 66210

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
  (d)

  	
   

  	
  Premises:

  	
   

  	
  The space identified as the Premises on Exhibit ”A,”
  located on the 2nd floor of the Building, to be commonly known as Suite 260

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
  (e)

  	
   

  	
  Property:

  	
   

  	
  The Building and all grounds, parking lots, and
  common areas owned by Lessor and associated therewith, and the land on which
  they are situated.

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
  (f)

  	
   

  	
  Rentable Area of the Premises (approx.):

  	
   

  	
  3,109 rentable s/f.

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
  (g)

  	
   

  	
  Rentable Area of the Building (approx.):

  	
   

  	
  23,360 rentable s/f.

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
  (h)

  	
   

  	
  Lessee’s Pro Rata Share:

  	
   

  	
  13.3%.

  
	
   

  	
   

  	
   

  	
   

  	
   

  
									

 

(i)                           Term:                            A period of forty-three (43) months,
beginning on the Commencement Date and ending on the Expiration Date (see Article 2).

 

	
  (j)

  	
   

  	
  Date of Lease:

  	
   

  	
  June 4, 2003

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
  (k)

  	
   

  	
  Commencement Date:

  	
   

  	
  June 1, 2003 (see Section 2.2).

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
  (1)

  	
   

  	
  Expiration Date:

  	
   

  	
  December 31, 2006.

  

 

 

	
  (m)

  	
   

  	
  Base Rent (see also
  Articles 3 and 4):

  	
   

  	
  Monthly

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  Base
  Rent

  	
   

  
	
   

  	
   

  	
   

  	
  June 1, 2003
  through June 30, 2003:

  	
   

  	
  $

  	
  5,250.04

  	
   

  
	
   

  	
   

  	
   

  	
  July 1, 2003
  through December 31 2006:

  	
   

  	
  $

  	
  4,663.50

  	
   

  
	
   

  	
   

  	
   

  	
  (first month’s rent to
  be paid upon execution of Lease)

  	
   

  

 

	
  (n)

  	
   

  	
  Base Year Expense Stop for Operating Expenses
  and Taxes:           2003 (see Section 4.2).

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
  (o)

  	
   

  	
  Security Deposit

  	
   

  	
  $-0- n/a.

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
  (p)

  	
   

  	
  Permitted Use:

  	
   

  	
  general business
  offices (see Article 6).

  

 

	
  (q)

  	
   

  	
  Lessee’s Address for Notices:

  	
   

  	
  at the Premises

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
  (r)

  	
   

  	
  Lessor’s Address for Notices:

  	
   

  	
  King Street Properties, L.L.C.

  	
  with a copy to:

  
	
   

  	
   

  	
   

  	
   

  	
  c/o Kessinger/Hunter & Co.

  	
  King Street Properties

  
	
   

  	
   

  	
   

  	
   

  	
  2600 Grand Ave., 7th Floor

  	
  c/o The Denzer Group

  
	
   

  	
   

  	
   

  	
   

  	
  Kansas City, MO 
  64108

  	
  13110 Beverly

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
  Overland Park, KS 66209

  

 

	
  (s)

  	
   

  	
  Lessor’s Address For Payment of Rent:

  	
  King Street Properties,
  L.L.C.

  
	
   

  	
   

  	
   

  	
  c/o Kessinger/Hunter &
  Co.

  
	
   

  	
   

  	
   

  	
  2600 Grand Ave., 7th
  Floor

  
	
   

  	
   

  	
   

  	
  Kansas City, MO 
  64108

  
	
   

  	
   

  	
   

  
	
  (t)

  	
   

  	
  Brokers:

  	
  Kessinger/Hunter & Co.

  
	
   

  	
   

  	
   

  
	
  (u)

  	
   

  	
  Lessor’s Remodeling Allowance:

  	
  $10,000.00 (see Exhibit “C”).

  
	
   

  	
   

  	
   

  
	
  (v)

  	
   

  	
  Normal Hours:

  	
  Monday through Friday, from 8:00 a.m. to
  6:00 p.m., and on Saturday from 8:00 a.m. to 12:00 noon, excepting
  state and/or federal holidays.

  
							

 

ARTICLE 2
- COMMENCEMENT DATE

 

Section 2.1                                   Delivery of Premises.  Lessee is currently in possession of the
Premises and accepts the “as is” “where is” condition and configuration of the
Premises.

 

Section 2.2                                   Commencement Date.  The Term of this Lease shall be deemed to have
commenced on the scheduled Commencement Date and Lessor and Lessee shall
confirm the Commencement Date by signing a Memorandum of Commencement Date in
the form of the attached Exhibit “B.”

 

Section 2.3                                   Quiet Enjoyment.  Lessor covenants and agrees that Lessee, upon
performing, observing and keeping the covenants, agreements and conditions of
this Lease on its part to be kept, shall peaceably and quietly hold, occupy and
enjoy the Premises during the Term of this Lease without interference from
Lessor subject to the terms and provisions of this Lease.

 

 

ARTICLE 3
– RENT

 

Section 3.1                                   Base Rent.  Lessee shall pay the Base Rent as computed and
adjusted from time to time, in advance, on or before the first day of each
calendar month.  In addition to the
payment of Base Rent, Lessee shall also pay its Pro Rata Share of any Excess
Operating Expenses and Taxes computed pursuant to Section 4.2 of this
Lease.

 

Section 3.2                                   Special Charges for Special
Services.  Lessee agrees to pay to Lessor all charges for
any services, utilities, goods or materials furnished by Lessor at Lessee’s
request which are not required to be furnished by Lessor under this Lease
without separate charge or reimbursement (payment to be made within ten (10) days
of receipt of invoice).

 

Section 3.3                                   Definition of Rent.  All payments of Base Rent, and Lessee’s prorata share of Excess Operating
Expenses and Taxes, charges for Additional Services, and all other fees,
charges, costs, expenses, and interest which are attributable to, payable by,
or the responsibility of Lessee under this Lease, constitute “rent”
(collectively, “Rent”).  Any Rent payable
to Lessor by Lessee for any fractional month shall be prorated based on a
thirty (30) day month.  All payments owed
by Lessee under this Lease shall be paid to Lessor in lawful money of the
United States of America at the Lessor’s Address for Payment of Rent set forth
in Section 1.1, or such other address as Lessor notifies Lessee in writing
from time to time.  All payments due from
Lessee shall be paid without demand, deduction, offset or counterclaim.

 

Section 3.4                                   Late Charge.  Lessor and Lessee agree that if Lessor does
not receive a payment of Rent within five (5) days after the date that
such payment is due, Lessee shall pay to Lessor a late charge equal to the greater of four percent (4%) of the delinquent amount, or
$50.00.  Further, all portions of Rent
not paid within thirty (30) days following its due date and all late charges
associated therewith shall bear interest at the rate of 10% per annum (the “Interest
Rate”), beginning on the due date and continuing until such Rent, late charges
and interest are paid in full.  Acceptance
of any late charge and/or interest by Lessor shall not cure or waive Lessee’s
default, nor prevent Lessor from exercising, before or after such acceptance,
any and all of the rights and remedies of Lessor for a default provided by this
Lease or at law or in equity.  Payment of
the late charge and/or interest is not an alternative means of performance of
Lessee’s obligation to pay Rent when due.

 

ARTICLE 4
- ADJUSTMENTS TO RENT

 

Section 4.1                                   Base Rent Increase.  Base Rent shall be fixed during the initial Term
in accordance with the Base Rent Schedule set forth in Section 1.1.  Base Rent shall be increased periodically
during the Extension Term (if applicable) in accordance with the provisions of
Rider “1”.

 

Section 4.2                                   Operating Expense and Tax
Adjustments.  Throughout the Term of this Lease and any
extension or renewal thereof, Lessee shall pay, as additional rent, Lessee’s
Pro Rata Share of any increase in Lessor’s Operating Expenses and Taxes (as
hereinafter defined) for the Building, over and above the Expense Stop amount
for such Operating Expenses and Taxes (“Excess Operating Expenses and Taxes”),
all computed as follows:

 

 

(a)                                  Lessor may
reasonably estimate in advance the amounts Lessee shall owe for Excess
Operating Expenses and Taxes for any full or partial year of the Term.  In such event, Lessee shall pay such estimated
amounts, on a monthly basis, together with Lessee’s payment of Base Rent.

 

(b)                                 Within one hundred
twenty (120) days after the end of each calendar year, or as soon thereafter as
practicable, Lessor shall provide a statement (the “Statement”) to Lessee showing:
(i) the amount of actual Operating Expenses and Taxes for such prior
calendar year, (ii) any amount paid by Lessee toward Excess Operating
Expenses and Taxes during such calendar year on an estimated basis, and (iii) any
revised estimate of Lessee’s obligations for Excess Operating Expenses and
Taxes for the current calendar year.  If the
Statement shows that Lessee’s estimated payments were less than Lessee’s actual
obligations for such year, Lessee shall pay the difference, whether or not the
Term has expired or terminated (provided that Lessor provides the final
statement within one year of any such expiration or termination).  If the Statement shows an increase in Lessee’s
estimated payments for the current calendar year, Lessee shall pay the
difference between the new and former estimates, for the period from January 1
of the current calendar year through the month in which the Statement is sent.  Lessee shall make such payments within thirty
(30) days after Lessee receives the Statement, and shall commence making the increased
payment with the next Rent payment due.  If
the Statement shows that Lessee’s estimated payments exceeded Lessee’s actual
obligations, Lessee shall receive a credit of such difference against payment
by Lessee of the next installment of Rent to be paid by Lessee after Lessee
receives said statement from Lessor.  If
the Term shall have expired and no further payments by Lessee shall be due,
Lessee shall receive a refund of such difference within thirty (30) days after
Lessor sends the Statement, provided Lessee is not then in default of this
Lease.

 

(c)                                  So long as Lessee’s
obligations hereunder are not materially adversely affected, Lessor reserves the
right to reasonably change, from time to time, the manner or timing of billing
the foregoing payments.  No delay by
Lessor in providing the Statement (or separate Statements) shall be deemed a
default by Lessor or a waiver of Lessor’s right to require payment of Lessee’s
obligations for actual or estimated Excess Operating Expenses or Taxes, except
as set forth in the preceding subsection.

 

(d)                                 If the Term
commences other than on the 1st day of January, or ends other than on the 31st
day of December, Lessee’s obligations to pay estimated and actual amounts for
such first or final calendar years shall be prorated to reflect the portion of
such years included in the Term.  Such
proration shall be made by multiplying the total estimated or actual amount (as
the case may be) for such calendar year by a fraction, the numerator of which
shall be the number of days of the Term during such calendar year, and the
denominator of which shall be 365.

 

Section 4.3                                   Operating Expenses and Taxes
Defined.  “Operating Expenses” are defined to be the sum
of all reasonable costs, expenses, and disbursements, of every kind and nature
whatsoever, incurred by Lessor in connection with the management, use,
maintenance, operation, administration and repair of all or any portion of the
Building and such portion of the Property supporting the Building, and all
areas appurtenant thereto which provide access to or otherwise benefit the
Property, including, but not limited to: (a) All utility costs not
otherwise

 

 

charged directly to Lessee or any other tenant of
the Property; (b) All wages and benefits and costs of employees or independent
contractors engaged in the operation, supervision, maintenance and security of
the Property (which shall be prorated with respect to employees that perform
services for other buildings or properties); (c) All expenses for
janitorial, maintenance, landscape, license fees, security and safety services;
(d) All repairs to and physical maintenance of the Property; (e) The
annual amortization of costs, if any, incurred by Lessor for any capital
improvements installed or paid for by Lessor and required by any new (or change
in) laws, rules or regulations of any governmental or quasi-governmental
authority; (f) The annual amortization of costs, if any, of any equipment,
device or capital improvement purchased or incurred as a labor-saving measure,
to reduce utility consumption, or to effect other economies in the operation or
maintenance of the Property (provided the annual amortized cost does not exceed
the actual cost savings realized and such savings do not redound primarily to the
benefit of any particular tenant); (g) The annual amortization of
reasonable costs, if any, for recurring and routine maintenance, repair and
replacements of the common areas of the Building (e.g., painting of the common
areas, replacement of common area wall and/or floor coverings, resurfacing of
parking areas, etc.); and (h) Reasonable management fees (not exceeding 4%
of Rents received), accounting fees and insurance.  The annual amortization of costs as required
above shall be determined by Lessor in its reasonable judgement.  Operating Expenses shall not include Taxes.  “Taxes” shall include all taxes, assessments,
levies, and governmental charges levied or assessed on, imposed upon or attributable
to the Property (collectively, “Taxes”).  Operating Expenses and Taxes shall be computed
according to the cash or the accrual basis of accounting, as Lessor may elect,
to maintain consistency from year to year, in accordance with generally
accepted accounting principles, consistently applied.

 

Section 4.4                                   Exclusions From Operating Expenses.  Operating Expenses shall not include
the following: (a) the cost of any work performed (such as preparing a
tenant’s space for occupancy, including painting and decorating) or services
provided (such as separately metered electricity) for any tenant (including
Lessee) at such tenant’s cost, or provided by Lessor without charge as an inducement
to lease (such as free rent or improvement allowances); (b) salaries of
Lessor’s officers and partners and its headquarters staff; (c) the cost of
any work performed or service provided for any tenant of the Building (other
than Lessee) to a materially greater extent or in a materially more favorable
manner than that furnished generally to the other tenants and occupants (such
as electricity and cleaning services provided to retail tenants); (d) the
cost of any items for which Lessor is reimbursed by insurance proceeds,
condemnation awards, a tenant of the Building, or otherwise; (e) the cost
of any material expansions of or improvements to the Building or the Property,
or Operating Expenses generated by such expansions constructed after the
Commencement Date; (f) the cost of any additions, changes, or replacements
which under generally accepted accounting principles are properly classified as
capital expenditures, except to the extent provided clauses (e) through (g) in
Section 4.3 above; (g) the cost of any repair made in response to any
insured fire or casualty damage (except for the amount of the “deductible”
under Lessor’s property insurance) or any condemnation; (h) insurance
premiums to the extent any tenant causes an increase in the Lessor’s existing insurance
premiums and/or requires Lessor to purchase additional insurance not typically
carried by comparable building owners to the Lessor; (i) interest and
principal payments on any debt, depreciation, and rental under any ground lease
or other underlying lease; (j) any real estate brokerage commissions or other
cost incurred in procuring tenants, or any fee in lieu of commission; (k) any
architectural fees for

 

 

tenant space; (l) any costs representing an amount
paid to an entity related to or affiliated with Lessor to the extent in excess
of the amount which would have been paid in the absence of such a relationship;
(m) any expenses for repairs or maintenance which are reimbursed under
warranties, guaranties or service contracts (excluding any mandatory deductibles);
(n) legal and related expenses arising out of the construction, sale or
financing of the Building, or the enforcement of the provisions of any tenant’s
lease; (o) insurance premiums to the extent of any refunds thereof; (p) home
office accounting fee allocations; (q) costs with respect to a sale, financing
or refinancing; (r) bad debt loss, rent loss or reserves for bad debt loss or
rent loss (but not the premiums for rent loss insurance); (s) costs associated
with the operation of the business entity of Lessor, including partnership
audit, business entity accounting, and business entity legal matters; (t) fines
and penalties associated with Lessor making late payments or violating
Governmental Requirements; (u) costs of artwork which exceed usual and
customary standards for comparably situated commercial office buildings.

 

Section 4.5                                   Review of Operating Expenses.  The determination of Operating Expenses and Taxes
and allocations of Excess Operating Expenses and Taxes to Lessee shall be made in
good faith by Lessor and, absent clerical error, shall be binding on Lessee;
provided, however, Lessee shall have a period of sixty (60) days following
receipt of each Statement (regardless of any expiration or termination of the
Lease), within which to review, inspect and copy, at Lessor’s office during
normal business hours, Lessor’s books and records concerning such charges for
the preceding calendar year period in question.  If Lessee shall not have availed itself of
such inspection, Lessee shall be deemed to have accepted as final and
determinative the amounts shown on the Statement.  In the event that Lessee’s review reflects a discrepancy,
and Lessor does not provide evidence to the contrary, an adjustment shall
immediately be made to correct the discrepancy.

 

ARTICLE 5
- SECURITY DEPOSIT

 

n/a - Intentionally deleted

 

ARTICLE 6
- USE

 

Lessee shall only use and occupy the
Premises for the Permitted Use described in Section 1.1; provided,
however, with the prior written consent of Lessor (which consent will not be
unreasonably withheld or delayed), the Permitted Use may be expanded to include
other uses which are compatible with a general office use.  Lessee agrees, subject to Lessor’s obligation
to provide basic janitorial services, to maintain the Premises in a clean,
orderly and healthful condition and to comply with all laws, ordinances, rules and
regulations (“Governmental Requirements”) pertaining to Lessee’s occupancy and
use of the Premises.  Lessee shall not do
or permit to be done in or about the Property nor bring, keep or permit to be
brought or kept therein, anything which is prohibited by the attached Exhibit ”E”
or by any standard form fire insurance policy or which will in any way increase
the existing rate of, or affect, any fire or other insurance upon the Building
or its contents, or which will cause a weight load or stress on the floor or
any other portion of the Premises in excess of the weight load or stress which
the floor or other portion of the Premises is designed to bear.  Lessee, at Lessee’s sole cost, shall comply
with all laws affecting the Premises, and with the requirements of any Board of
Fire

 

 

Underwriters or other similar body now or
hereafter instituted, and shall also comply with any order, directive or
certificate of occupancy issued pursuant to any laws which affect the
condition, use or occupancy of the Premises.  Lessor shall not be liable to Lessee for any
other occupant’s or tenant’s failure to conduct itself in accordance with the
provisions of this Article 6, and Lessee shall not be released or excused
from the performance of any of its obligations due to any such failure.  As an element of Operating Expenses, Lessor
shall comply with all Governmental Requirements pertaining to the Building and the
common areas of the Building and the Property.

 

ARTICLE 7
- ALTERATIONS AND ADDITIONS

 

Section 7.1                                   Lessee’s Rights To Make Alterations.  Lessee, at its sole cost and expense,
shall have the right upon receipt of Lessor’s consent, which consent shall not
be unreasonably withheld or delayed, to make alterations, additions or improvements
to the Premises if such alterations, additions or improvements (a) are
made in accordance with this Article 7, (b) are normal or appropriate
for the Permitted Use set forth in Section 1.1, (c) do not materially
adversely affect the utility or value of the Premises or the Building for future
tenants, (d) do not alter the exterior appearance of the Building, (e) are
not of a structural nature, (f) do not require excessive removal expenses
and (f) are not otherwise prohibited under this Lease (collectively, “Alterations”),
except that Lessee may bond the cost of removal of Alterations (and necessary
restoration or repairs) that would otherwise be prohibited under clauses (c) and
(f) of this Section.  All such Alterations
shall be made in conformity with the requirements of Section 7.2 below.  Once the Alterations have been completed, such
Alterations shall thereafter be treated as Tenant Improvements.

 

Section 7.2                                   Lessee’s Installation of
Alterations.  Any Alterations installed by Lessee during the
Term shall be done in strict compliance with all of the following: (a) No
such work shall proceed without Lessor’s prior written consent (which shall not
be unreasonably withheld or delayed) and Lessor’s approval of (i) Lessee’s
contractor(s); (ii) certificates of insurance from a company or companies
approved by Lessor, furnished to Lessor by Lessee’s contractor(s), for combined
single limit bodily injury and property damage insurance covering comprehensive
general liability, in an amount not less than One Million Dollars ($1,000,000)
per person and per occurrence and endorsed to show Lessor as an additional insured,
and for workers’ compensation as required by law, endorsed to show a waiver of
subrogation by the insurer to any claims Lessee’s contractor may have against
Lessor, Lessor’s agents, employees, contractors and other tenants of the
Property (provided, however, nothing in this Section 7.2(a) shall
release Lessee of its other insurance obligations hereunder); and (iii) detailed
plans and specifications for such work; (b) All such work shall be done in
a first-class workmanlike manner and in conformity with a valid building permit
and all other permits and licenses when and where required, copies of which
shall be furnished to Lessor before the work is commenced, and any work not
acceptable to any governmental authority or agency having or exercising
jurisdiction over such work, or not reasonably satisfactory to Lessor, shall be
promptly replaced and corrected at Lessee’s expense (Lessor’s approval or
consent to any such work shall not impose any liability upon Lessor); and (c) Lessee
shall at all times keep the Premises, the Building and the Property free from
any liens arising out of any work performed, materials furnished, or
obligations incurred by or for Lessee.  Lessee agrees to indemnify, defend and hold
Lessor harmless from

 

 

and against any and all claims for mechanics’,
materialmen’s or other liens in connection with any Alterations, repairs, or
any work performed, materials furnished or obligations incurred by or for Lessee.
 Lessor reserves the right to enter the
Premises for the purpose of posting such notices of non-responsibility as may
be permitted by law, or desired by Lessor.

 

Section 7.3                                   Disposition of Tenant
Improvements at End of Lease.  All Alterations and Tenant Improvements made
by or for Lessee (except for installation of Lessee purchased trade fixtures),
shall be deemed to be part of the Premises and shall be surrendered to Lessor
in good condition (ordinary wear and tear and damage by casualty excepted),
upon expiration of the Term or earlier termination of this Lease, without
compensation to Lessee.  Upon expiration
of the Term or earlier termination of this Lease, Lessee shall completely
remove all of Lessee’s personal property, including moveable furniture, trade
fixtures, data cabling and equipment, all without damage to the Building or the
Premises; provided, however, that Lessee shall promptly repair all damage
caused by such removal.  Any of Lessee’s
personal property not so removed by the Lease Expiration Date shall (unless
otherwise consented to by Lessor), at the option of Lessor, automatically
become the property of Lessor, who may retain said personal property, without liability
to Lessor, or shall be removed and disposed of by Lessor, at Lessee’s cost and
without further liability to Lessor.

 

Section 7.4                                   Lessee’s Maintenance of
Premises.  Lessee shall, at Lessee’s sole cost and
expense, keep the Premises in good and sanitary condition and repair at all
times during the Term, ordinary wear and tear and damage by casualty excepted.  All damage, injury or breakage to any part or
portion of the Premises, and all damage, injury or breakage to any portion of
the Property caused by the willful or negligent act or omission of Lessee or
Lessee’s agents, employees, contractors, visitors or invitees (collectively, “Lessee’s
Employees”), shall be promptly repaired or replaced by Lessee, at Lessee’s sole
cost and expense, to the reasonable satisfaction of Lessor; provided, however,
that Lessee shall be entitled to receive reimbursement to the extent that the
cost of any such repair or replacement is received by Lessor from insurance
maintained by Lessor as part of Operating Expenses.  Lessor may make any repairs or replacements
which are not made by Lessee within a reasonable amount of time (except in the
case of emergency when such repairs or replacements can be made immediately),
and charge Lessee for the cost of such repairs and replacements.  Notwithstanding the foregoing, Lessor shall
remain responsible to maintain, as a part of the Operating Expenses,
mechanical, HVAC, electrical and plumbing systems in and common areas of the
Building, in accordance with other provisions of this Lease.  Lessee shall be solely responsible for the design
and function of all of Lessee’s improvements whether or not installed by Lessor
at Lessee’s request.

 

Section 7.5                                   Personal Property Taxes and
Governmental Assessments.  Lessee shall pay, prior to delinquency, all
personal property taxes, charges, duties and government fees, charges and/or
assessments (collectively, “Assessments”) assessed against or levied on Lessee’s
occupancy, or on trade fixtures, furnishings, equipment or other personal
property contained in the Premises (collectively, “Personal Property”).  Lessee shall cause such Assessments upon its
Personal Property to be billed separately from Lessor’s property and shall
indemnify, defend and hold Lessor harmless from and against the payment of all
such Assessments.

 

 

ARTICLE 8
- BUILDING SERVICES- LESSOR’S REPAIRS

 

Section 8.1                                   Standard Building Services.  So long as no Event of Default by Lessee
exists under this Lease, Lessor shall furnish the Premises with standard building
services and utilities as set forth in the attached Exhibit “D.”

 

Section 8.2                                   Additional Services.  Lessee agrees to pay all reasonable charges
imposed by the Lessor from time to time for all building services and utilities
supplied to or used by Lessee in excess of or in addition to those standard
building services and utilities which Lessor agrees to provide to Lessee in
accordance with Exhibit ”D” (said excess and
additional building services and utilities are referred to as “Additional
Services”), which sums shall be paid by Lessee within ten (10) days of
receipt of invoice therefor.  Lessor may
at any time cause a switch and/or metering system to be
installed at Lessee’s expense to measure the amount of Additional Services
consumed by Lessee or used in the Premises.  Lessee agrees to pay Lessor for all such
Additional Services as shown by said meters, at the rates charged for such
services by the utility furnishing the same, if applicable.

 

Section 8.3                                   Interruption of Services.  Services may be temporarily interrupted for (a) any
accident, emergency, governmental regulation, Act of God or other cause beyond
Lessor’s reasonable control; or (b) the making of any repairs,
replacements, additions, alterations or improvements to the Premises or the
Property until said repairs, additions, alterations or improvements shall have
been completed.  No such interruption,
reduction or cessation of any such building services or utilities shall
constitute an eviction or disturbance of Lessee’s use or possession of the
Premises or Property, or an ejection or eviction of Lessee from the Premises,
or a breach by Lessor of any of its obligations, or entitle Lessee to be
relieved from any of its obligations under this Lease.  In the event of any such interruption,
reduction or cessation, Lessor shall use reasonable diligence to restore such
service as soon as possible where
it is within Lessor’s reasonable control to do so.  Notwithstanding the foregoing, in the event
that any service necessary for occupancy of the Premises by Lessee is
interrupted or unavailable for a period of ten (10) business days, Lessee
shall thereafter be entitled to an equitable abatement of Rent with respect to
that portion of the Premises rendered untenantable and not used by Lessee,
commencing at the end of such ten (10) day period and continuing until the
applicable service is restored.

 

Section 8.4                                   Lessor’s Repairs.  So long as no Event of Default (as herein
defined) by Lessee has occurred, and remains uncured, Lessor shall maintain the
mechanical, HVAC, electrical, and plumbing systems serving the Premises, and
the structural elements and the public and common areas of the Building and the
Property, as same may exist from time to time, in a manner consistent with
comparable office buildings in relevant proximity to the Property, except for
non-insured damage or wear and tear which is the result of a negligent or
willful act or omission of Lessee or Lessee’s Employees.  Lessor shall have no obligation to make
repairs under this Article until a reasonable time after receipt of
written notice of the need for such repairs.  In no event shall any payments owed by Lessee
under this Lease be abated on account of Lessor’s failure to make repairs under
this Article, except as may be specifically provided in Section 8.3 above.
 Lessor and Lessor’s employees shall have
the right to enter the Premises at reasonable times to make any alterations,
additions, improvements, repairs or replacements to the

 

 

Premises or the Property
which Lessor may reasonably deem necessary or desirable.  Lessor shall give reasonable notice to Lessee
of Lessor’s intent to enter the Premises, except, however, in an emergency
situation, in which case no prior notice shall be required.  In addition, Lessor shall endeavor to minimize
disturbance to or interference with Lessee or Lessee’s business.

 

ARTICLE 9
- ASSIGNMENT AND SUBLETTING

 

Section 9.1                                   Right to Assign and Sublease.  Lessee may assign its interest in this Lease
or in the Premises, or sublease all or any part of the Premises, or allow any
other person or entity to occupy or use all or any part of the Premises, only
after first obtaining Lessor’s prior written consent, and only if (a) Lessee
is not then in default of this Lease, (b) such assignment or sublease does
not conflict with or result in a breach of the Permitted Use of the Premises,
and (c) such proposed assignee or sublessee of Lessee’s proposed
assignment or sublease is reasonably acceptable to Lessor (i.e., is comparable in
quality, financial standing and business reputation to Lessee and whose
business operations are compatible with the business operations of the then
tenants in the Building).  Any
assignment, encumbrance or sublease without Lessor’s prior written consent
shall be voidable, at Lessor’s election, and shall constitute a default by
Lessee.  No consent to an assignment,
encumbrance, or sublease shall constitute a further waiver of the provisions of
this Article.  As a condition for
obtaining Lessor’s consent to any assignment, encumbrance or sublease, Lessee
shall reimburse Lessor’s processing costs and attorneys’ fees incurred in
determining whether to give such consent and/or in the preparation and review
of documents required therewith.  Notwithstanding any permitted assignment or
subletting, Lessee shall at all times remain directly, primarily and fully
responsible and liable for all payments owed by Lessee under this Lease and for
compliance with all obligations under the terms, provisions and covenants of
this Lease to be performed by Lessee.

 

Section 9.2                                   Affiliated
Companies/Restructuring of Business Organization.  Occupancy of all or part of the Premises by a
parent or wholly owned subsidiary company of Lessee or by a wholly owned
subsidiary company of Lessee’s parent company (collectively, “affiliated
companies”) shall not be deemed an assignment or subletting provided that any
such affiliated companies were not formed as a subterfuge to avoid the
obligations of this Article, and such entity fully assumes the obligations of
Lessee herein.  If Lessee is a
corporation, unincorporated association, trust or general or limited
partnership, then the sale, assignment, transfer or hypothecation of any
shares, partnership interest, or other ownership interest of such entity which
from time to time in the aggregate exceeds twenty-five percent (25%) of the
total outstanding shares, partnership interests or ownership interests of such
entity or which effects a change in the management or control of Lessee, or the
dissolution, merger, consolidation, or other reorganization of such entity, or
the sale, assignment, transfer or hypothecation of more than forty percent
(40%) of the value of the assets of such entity, shall be deemed an assignment
subject to the provisions of this Article.

 

Section 9.3                                   Surrender of Lease.  The voluntary or other surrender of this Lease
by Lessee, or a mutual cancellation of this Lease, shall not work a merger, and
shall, at the option of Lessor, terminate all or any existing subleases or
subtenancies, or may, at the option of Lessor, operate as an assignment to it
of Lessee’s interest in any or all such subleases or subtenancies.

 

 

ARTICLE 10
- SUBSTITUTED PREMISES

 

Lessor shall have the right to relocate the
Premises to be occupied by Lessee to another part of the Building or the
Property on the following terms and conditions: (a) The new premises shall
be substantially the same in size, configuration, decor, and quality as the
Premises described in this Lease, and shall be placed in that condition by
Lessor at its cost; (b) The physical relocation of the Premises shall be
accomplished by Lessor at its cost; (c) Lessor shall give Lessee at least
sixty (60) days’ notice of Lessor’s intention to relocate the Premises; (d) The
physical relocation of the Premises shall take place on a weekend, if
practicable, and shall be accomplished as quickly as reasonably practicable; (e) All
reasonable actual out-of-pocket costs incurred by Lessee as a result of the relocation,
including, without limitation, costs incurred in changing addresses on
stationery, business cards, directories, advertising, and other such items, but
excluding any lost revenues or any intangible costs, shall be paid by Lessor;
provided, however, that the aggregate amount of such out-of-pocket costs paid
by Lessor shall not exceed Five Hundred Dollars ($500.00); (f) If the
relocated premises are smaller than the Premises as it existed before the
relocation, Base Rent (and Lessee’s Pro Rata share) shall be appropriately
reduced to a sum computed by multiplying the Base Rent specified in Article 3
by a fraction, the numerator of which shall be the total number of square feet
in the relocated premises, and the denominator of which shall be the total
number of square feet in the Premises before relocation; and (g) The
parties shall immediately execute an amendment to this Lease stating the
relocation of the Premises and the adjustment of Base Rent, if any.

 

ARTICLE 11
-INDEMNIFICATION; INSURANCE

 

Section 11.1                            Indemnification.  Subject to the Assumption of Risk and
Allocation of Insured Risks/Subrogation Sections of this Lease, Lessee shall
defend, indemnify, and hold Lessor and Lessor’s agents, contractors, licensees,
employees, directors, officers, partners, trustees and invitees {collectively, “Lessor’s
Employees”) harmless from and against any and all claims, loss, cost, damage,
liability or expense (including reasonable attorneys fees), arising out of or
in connection with Lessee’s use of the Premises or the Property, the conduct of
Lessee’s business, any activity, work or things done, permitted or allowed by
Lessee in or about the Premises or the Property, Lessee’s or Lessee’s Employees’
nonobservance or nonperformance of any statute, ordinance, rule, regulation, or
other Law, or any negligence or willful act or failure to act of Lessee or
Lessee’s Employees.

 

Section 11.2                            Lessee’s Insurance.  Lessee shall have the following insurance
obligations:

 

(a)                                  Liability
Insurance.  Lessee shall obtain and keep
in full force a policy of comprehensive general liability and property damage
insurance (including automobile, personal injury, broad form contractual
liability and broad form property damage) under which Lessee is named as the insured
and Lessor and Lessor’s managing agent are named as additional insureds and
under which the insurer agrees to indemnify, defend and hold Lessor and its
managing agent harmless from and against any and all costs, expenses and
liabilities arising out of or based upon the indemnification obligations of
this Lease.  The minimum limits of
liability shall be a combined single limit with respect to each occurrence of
not less than One Million Dollars

 

 

($1,000.000.00).  The policy shall contain a cross liability
endorsement and shall be primary coverage for Lessee and Lessor for any liability
arising out of Lessee’s and Lessee’s Employees’ use, occupancy, maintenance,
repair and replacement of the Premises and all areas appurtenant thereto.  Such insurance shall provide that it is
primary insurance and not “excess over” or contributory with any other valid,
existing and applicable insurance in force for or on behalf of Lessor.  The policy shall not eliminate cross-liability
and shall contain a severability of interest clause.  (b) Lessee’s
Property Insurance.  Lessee at its
cost shall maintain on all of its Personal Property and Lessee’s Improvements
and Alterations, in, on, or about the Premises, a policy of standard fire and
extended coverage insurance, with theft, vandalism and malicious mischief
endorsements, to the extent of at least full replacement value without any
deduction for depreciation.  The proceeds
from any such policy shall be used by Lessee for the repair, replacement and
restoration of such Personal Property, Lessee Improvements and Alterations.  (c) Worker’s
Compensation.  Lessee shall maintain
Worker’s Compensation and Employer’s Liability insurance as required by law.  (d) Business Interruption.  Lessee shall maintain loss of income and
business interruption insurance in such amounts as will reimburse Lessee for
direct or indirect loss of earnings attributable to all perils commonly insured
against by prudent tenants or attributable to prevention of access to the Premises
or to the Building as a result of such perils.

 

A certificate of the policy(ies) shall be
deposited with Lessor at least ten (10) days prior to the date which
Lessor estimates the Commencement Date will occur provided that Lessee is given
written notice of such estimated Commencement Date (but in no event shall
Lessee be obligated to deposit such policy or certificate with Lessor sooner
than five (5) days following such written notice from Lessor), and on renewal
of the policy not less than twenty (20) days before expiration of the term of
the policy.  The insurance obligations of
Lessee hereunder and/or the limits on such insurance as described herein shall
in no event waive, release or discharge Lessee of any or all other obligations
and liabilities of Lessee contained in this Lease or otherwise.  All the insurance required under this Lease
shall: (i) Be issued by insurance companies authorized to do business in the
State of Kansas, with a reasonably acceptable financial rating; (ii) Be issued
as a primary policy; and (iii) Contain an endorsement requiring thirty
(30) days’ written notice from the insurance company to both parties and to
Lessor’s lender before cancellation or change in the coverage, scope, or amount
of any policy.

 

Section 11.3                            Lessor’s Insurance.  As an element of Operating Expenses, Lessor shall
maintain commercially reasonable levels of insurance, as determined in Lessors
sole discretion, with the following minimum types and levels of coverage: (a) Commercial
General Liability Insurance.  The
limits of liability of such insurance shall be an amount not less than One Million
Dollars ($1,000,000.00) per occurrence, Bodily Injury including death and One
Million Dollars ($1,000,000.00) per occurrence, Property Damage Liability or Two
Million Dollars ($2,000,000.00) combined single limit for Bodily Injury and
Property Damage Liability; (b) Property Insurance.  Property insurance on the
Building, insuring no less than ninety percent (90%) of the full replacement
value thereof.  The policy shall
not include a deductible in excess of Ten Thousand Dollars ($10,000.00), and
shall include, but not be limited to, fire and extended coverage perils.

 

Section 11.4                            Blanket Insurance.  Notwithstanding anything to the contrary
contained herein, any insurance policies required to be carried under this
Lease may be effected by a

 

 

blanket policy or policies of insurance, provided,
however, that the total amount of insurance available with respect to the
insurance obligations under this Lease shall be at least the equivalent of
separate policies in the amounts required under this Lease during the Term of
the Lease, and provided further, that in all respects, any such blanket policy
or policies shall comply with the provisions of this Article XI, where
applicable.

 

Section 11.5                            Assumption of Risk.  Lessee, as a material part of the
consideration to Lessor, hereby assumes all risk of damage to Lessee’s Personal
Property, tenant improvements and Alterations, from any cause, or injury to
persons in, upon or about the Premises, from any cause (except for damage or
injury caused by the gross negligence or willful misconduct of Lessor or Lessor’s
Employees) and Lessee hereby waives all such claims against Lessor (except for
damage or injury caused by the gross negligence or willful misconduct of Lessor
or Lessor’s Employees).  Lessee shall
give prompt notice to Lessor in case of fire or accidents in the Premises or in
the Building.  Further, and with the
exception of Lessor’s gross negligence or willful misconduct, Lessor and Lessor’s
Employees shall have no liability to Lessee or any of Lessee’s Employees for
any damage, loss, cost or expense incurred or suffered by any of them
(including any damage to Lessee’s business), and Lessee hereby waives any claim
with respect to Lessor’s and Lessor’s Employees’ acts or omissions hereunder, including,
without limitation, any claims relating to maintenance, repair, restoration
and/or replacement of the Premises, the Building or the Property, and/or
exercise of any other right reserved by or granted herein to Lessor.

 

Section 11.6                            Allocation of Insured Risks/Subrogation.  Lessor and Lessee release each other from any
claims and demands of whatever nature for damage, loss or injury to the
Premises and/or the Building, or to the other’s Property in, on or about the
Premises and the Building, that are caused by or result from risks or perils
insured against under any insurance policies carried by or required to be
carried by Lessor and/or Lessee under this Lease.  Lessor and Lessee shall use reasonable efforts
to cause each insurance policy obtained by them or either of them to provide
that the insurance company waives all right of recovery by way of subrogation
against either Lessor or Lessee in connection with any damage covered by such
policy.  Neither Lessor nor Lessee shall
be liable to the other for any damage caused by fire or any of the other types
of risks commonly insured against under any insurance policy required by this
Lease.  For the purposes hereof, any
insurance deductible and/or level of self insurance shall be deemed to be full
insurance.

 

ARTICLE 12
- DAMAGE OR DESTRUCTION

 

If, at any time prior to the expiration or
termination of this Lease, the Premises or the Building or the Property is
totally or partially damaged or destroyed from a fire or other casualty, which
damage renders the Premises or any material portion thereof inaccessible or
unusable to Lessee in the ordinary course of its business, Lessor may elect, at
its sole option, either to (a) terminate this Lease as of the date of such
fire or other casualty, by written notice to Lessee within sixty (60) days
after notice to Lessor of the occurrence of such damage or destruction
(provided that Lessor may not terminate or attempt to terminate the Lease as a
subterfuge to remove Lessee from the Premises for reasons other than an Event
of Default by Lessee); or (b) without termination of this Lease, advise
Lessee in writing within sixty (60) days of the

 

 

casualty of Lessor’s intent
to repair, and then proceed with due diligence to repair or restore such damage
or destruction within one hundred eighty (180) days thereafter.  If Lessor cannot or does not complete the
repair and restoration within such period, or fails to give Lessee written
notice of its intention to proceed under clause (a) or (b) above within
sixty (60) days of the casualty, Lessee shall have the option to cancel this
Lease by written notice to Lessor.  If
Lessor elects to repair or restore such damage or destruction, this Lease shall
continue in full force and effect but a proportionate reduction of Rent shall
be allowed Lessee for such portion of the Premises as shall be rendered
inaccessible or unusable to Lessee, and which is not used by Lessee, during the
period of time that such portion is unusable or inaccessible and not used by
Lessee.  Subject only to the provisions
of the foregoing sentence, no damages, compensation or claim shall be payable
by Lessor for any inconvenience, any interruption or cessation of Lessee’s
business, or any annoyance, arising from any damage to or destruction of all or
any portion of the Premises or the Building or the Property regardless of the
cause thereof.  Lessee shall look to its
own casualty insurance for protection against business losses and, as a
material inducement to Lessor’s entering into this Lease, irrevocably waives
and releases any other rights or claims against Lessor.

 

ARTICLE 13
- EMINENT DOMAIN

 

Section 13.1                            Permanent Taking - When Lease
Can Be Terminated.  If the whole of the Premises, or so much of
the Premises as to render the balance unusable by Lessee, shall be taken under
the power of eminent domain, this Lease shall automatically terminate as of the
date of final judgment in such condemnation, or as of the date possession is
taken by the condemning authority, whichever is earlier.  A sale by Lessor under threat of condemnation
shall constitute a “taking” for the purpose of this Article.  No award for any partial or entire taking
shall be apportioned and Lessee assigns to Lessor all awards which may be made
in such taking or condemnation, together with all rights of Lessee to such
award, including, without limitation, any award or compensation for the value
of all or any part of the leasehold estate created hereby; provided that
nothing contained in this Article shall be deemed to give Lessor any interest
in or to require Lessee to assign to Lessor any award made to Lessee for (a) the
taking of Lessee’s Personal Property, or (b) interruption of or damage to
Lessee’s business, or (c) Lessee’s unamortized cost of the Lessee
improvements to the extent paid for by Lessee; provided further that Lessee’s
award shall in no event diminish the award to Lessor.

 

Section 13.2                            Permanent Taking -When Lease
Cannot Be Terminated.  In the event of a partial taking which does
not result in a termination of this Lease under Section 13.1, Base Rent
and Additional Rent shall be proportionately reduced based on the portion of
the Premises rendered unusable, and Lessor shall restore the Premises or the
Building to the extent of available condemnation proceeds.

 

Section 13.3                            Temporary Taking.  No temporary taking of the Premises or any part
of the Premises and/or of Lessee’s rights to the Premises or under this Lease
shall terminate this Lease or give Lessee any right to any abatement of any
payments owed to Lessor pursuant to this Lease; any award made to Lessee by
reason of such temporary taking shall belong entirely to Lessee; provided,
however, it does not reduce any award to Lessor.

 

 

Section 13.4                            Exclusive Remedy.  This Article shall be Lessee’s sole and
exclusive remedy in the event of a taking or condemnation.  Upon termination of this Lease pursuant to
this Article, Lessee and Lessor hereby agree to release each other from any and
all obligations and liabilities with respect to this Lease except such obligations
and liabilities which arose or accrued prior to such termination.

 

ARTICLE 14
- DEFAULTS

 

Section 14.1                            Default by Lessee.  Each of the following events shall be an “Event
of Default” by Lessee and a material breach of this Lease: (a) Lessee
shall fail to make any payment of Base Rent owed by Lessee under this Lease, as
and when due, and such failure is not cured within five (5) days following
receipt of written notice thereof by Lessee (any such notice shall be in lieu
of, and not in addition to, any notice required by law), or Lessee shall fail
to make any payment of Rent (other than Base Rent) owed by Lessee under this Lease,
as and when due, and such failure is not cured within ten (10) days
following receipt of written notice thereof by Lessee; (b) Lessee shall
fail to observe, keep or perform any of the terms, covenants, agreements or
conditions under this Lease that Lessee is obligated to observe or perform,
other than that described in subsection (a) above, for a period of
thirty (30) days after receipt of written notice by Lessee of said failure;
provided, however, that if the nature of Lessee’s default is such that more
than thirty (30) days are reasonably required for its cure, then Lessee shall
not be deemed to be in default under this Lease if Lessee shall commence the
cure of such default so specified within said thirty (30) day period and
diligently prosecute the same to completion; (c) Lessee shall (i) make
any general arrangement or assignment for the benefit of creditors; (ii) become
a “debtor” as defined in 11 U.S.C. Section 101 or any successor statute
thereto (unless, in case of a petition filed against Lessee, the same is
dismissed within 60 days); (iii) the appointment of a trustee or receiver
to take possession of substantially all of Lessee’s assets located at the
Premises or of Lessee’s interest in this Lease, where possession is not
restored to Lessee within thirty (30) days; or (iv) the attachment,
execution or other judicial seizure of substantially all of Lessee’s assets
located at the Premises or of Lessee’s interest in this Lease, where such
seizure is not discharged within thirty (30) days; provided, however, in the
event that any provision of this subparagraph is contrary to any applicable
law, such provision shall be limited to the extent necessary to be effective.

 

Section 14.2                            Default by Lessor.  Lessor shall not be deemed to be in default in
the performance of any obligation required to be performed under this Lease
unless Lessor has failed to perform such obligation within thirty (30) days
after the receipt of written notice from Lessee specifying in reasonable detail
Lessor’s failure to perform; provided, however, that if the nature of Lessor’s
obligation is such that more than thirty (30) days are required for its performance,
then Lessor shall not be deemed in default if it shall commence such
performance within thirty (30) days and thereafter diligently pursue the same
to completion.  If Lessor does not cure
the default, Lessee may exercise such rights or remedies as shall be provided
or permitted under this Lease and by law to recover any damages proximately
caused by such default.  Notwithstanding
anything to the contrary contained in this Lease, Lessee’s remedy for any
breach or default of this Lease by Lessor shall be limited to an action for
damages.  Lessee agrees that, in the
event that it becomes entitled to receive damages from Lessor, Lessee shall not
be allowed to recover from Lessor consequential damages or damages in excess of
the out-of-pocket expenditures

 

 

incurred by Lessee as a
result of a default by Lessor.  In any
event, Lessor’s liability to Lessee for damages resulting from Lessor’s breach
of any provision or provisions of this Lease shall not exceed Lessor’s equity
interest in the Building and Lessee shall look solely to Lessor’s estate in the
Building and the proceeds thereof for collection.  Lessee hereby waives and relinquishes any
right which Lessee may have to terminate this Lease or withhold any payment
owed, on account of any damage, condemnation, destruction or state of disrepair
of the Premises, except as specifically provided for in Section 8.3, or in
Articles 12 or 13 of this Lease.

 

ARTICLE 15
- LESSOR’S REMEDIES AND RIGHTS

 

Section 15.1                            Termination of Lease.  In the event of any default by Lessee, Lessor
shall have the right, in addition to all other rights available to Lessor under
this Lease or now or later permitted by law or equity, to terminate this Lease
by providing Lessee with a notice of termination.  Upon termination, Lessor may recover any
damages proximately caused by Lessee’s failure to perform under this Lease, or
which are likely in the ordinary course of business to be incurred, including
any amount expended or to be expended by Lessor in an effort to mitigate
damages, as well as any other damages to which Lessor is entitled to recover
under any statute now or later in effect.  Lessor’s damages include the worth, at the
time of any award, of the amount by which the unpaid Rent for the balance of
the Term after the time of the award exceeds the amount of the Rent loss that
the Lessee proves could be reasonably avoided.  Damages to which Lessor is entitled shall bear
interest at the Interest Rate set forth herein, or if less, the maximum rate
allowed bylaw.

 

Section 15.2                            Continuation of Lease.  Lessee acknowledges that in the event Lessee
has breached this Lease and abandoned the Premises, this Lease shall continue
in effect for so long as Lessor does not terminate Lessee’s right to
possession, and Lessor may enforce all its rights and remedies under this
Lease, including the right to recover the Rent as it becomes due under this
Lease.  Acts of maintenance or
preservation or efforts to re-let the Premises or the appointment of a receiver
upon initiative of Lessor to protect Lessor’s interest under this Lease shall
not constitute a termination of Lessee’s right to possession.

 

Section 15.3                            Right of Entry.  In the event of any Event of Default by Lessee,
Lessor shall also have the right, with or without terminating this Lease, to
enter the Premises and remove all persons and personal property from the
Premises, such property being removed and stored in a public warehouse or
elsewhere at Lessee’s sole cost and expense for at least thirty (30) days, and
after such thirty (30) day period, Lessor shall have the right to discard or
otherwise dispose of such property without liability therefor to Lessee or any
other person.  No removal by Lessor of
any persons or property in the Premises shall constitute an election to
terminate this Lease.  Such an election
to terminate may only be made by Lessor in writing, or decreed by a court of
competent jurisdiction.  Lessor’s right
of entry shall include the right to remodel the Premises and re-let the
Premises.  All costs incurred in such
entry and re-letting shall be paid by Lessee.  Rents collected by Lessor from any other
tenant which occupies the Premises shall be offset
against the amounts owed to Lessor by Lessee.  Lessee shall be responsible for any amounts
not recovered by Lessor from any other tenant which occupies the Premises.  Any payments made by Lessee shall be credited
to the amounts owed by Lessee in the sole order and discretion of Lessor,
irrespective of any designation or request by Lessee.  No

 

 

entry by Lessor shall
prevent Lessor from later terminating this Lease by written notice.

 

Section 15.4                            No Redemption.  Lessee hereby waives, for itself and all
persons claiming by and under Lessee, all rights and privileges which it might
have under any present or future law to redeem the Premises or to continue this
Lease after being dispossessed or ejected from the Premises.

 

Section 15.5                            Right to Perform.  If Lessee fails to perform any covenant or
condition to be performed by Lessee, Lessor may perform such covenant or condition
at its option, after notice to Lessee (except in the case of an emergency,
where no notice shall be required).  All
costs incurred by Lessor in so performing shall immediately be reimbursed to
Lessor by Lessee, together with interest at the rate of 10% computed from the
due date.  Any performance by Lessor of
Lessee’s obligations shall not waive or cure such default.  All costs and expenses incurred by Lessor,
including reasonable attorneys’ fees (whether or not legal proceedings are
instituted), in collecting Rent or enforcing the obligations of Lessee under
this Lease shall be paid by Lessee to Lessor upon demand.

 

Section 15.6                            Cumulative Remedies.  No remedy or election provided, allowed or
given by any provision of this Lease shall be deemed exclusive unless so indicated,
but shall, whenever possible, be cumulative with all other remedies in law or
in equity.

 

ARTICLE 16
- SUBORDINATION, ATTORNMENT AND NON-DISTURBANCE

 

Section 16.1                            Obligations of Lessee.  This Lease and the rights granted to Lessee by
this Lease are and shall be subject and subordinate at all times to (a) all
ground or underlying leases affecting all or any part of the Property now or
later existing and all amendments, renewals, modifications, supplements and
extensions of this Lease, and (b) all deeds of trust or mortgages now or later
affecting or encumbering all or any part of the Property and/or any ground or
underlying leasehold estate; provided, however, that if Lessor elects at any
time to have Lessee’s interest in this Lease be or become superior, senior or
prior to any such instrument, then upon receipt by Lessee of written notice of
such election, this Lease shall be superior, senior and/or prior to such
instrument.  On request, Lessee shall
execute all instruments and other documents required or desired by any lender
or lessor confirming the subordination and/or superiority, as applicable, of this
Lease.

 

Section 16.2                            Lessor’s Right to Assign.  Lessor shall have the right to sell, encumber,
convey, transfer, and/or assign any and all of its rights and obligations under
this Lease, including but not limited to assignment to any mortgagee or trust
deed beneficiary as additional security.  Nothing in this Lease shall empower Lessee to
do any act without Lessor’s prior written consent which may encumber the title
of the owner as to any part of the Property.

 

Section 16.3                            Attornment by Lessee.  In the event of the cancellation or
termination of any or all ground or underlying leases affecting all or any part
of the Property in accordance with its terms or by the surrender thereof, whether
voluntary, involuntary or by operation of law, or by summary proceedings, or in
the event of any foreclosure of any or all mortgages or deeds of trust
encumbering all or any part of the Property by trustee’s sale, voluntary
agreement, deed in lieu of

 

 

foreclosure, or by the commencement of any
judicial action seeking foreclosure, Lessee, at the request of the then
landlord under this Lease, shall attorn to and recognize (a) the ground or
underlying lessor under the ground or underlying lease being terminated or
canceled, and (b) the beneficiary or purchaser at the foreclosure sale, as
Lessee’s landlord under this Lease, and Lessee agrees to execute and deliver at
any time upon request of such ground or underlying lessor, beneficiary,
purchaser, or their successors, any and all instruments to further evidence
such attornment.  Lessee hereby waives
its right, if any, to elect to terminate this Lease or to surrender possession
of the Premises in the event of any such cancellation or termination of such
ground or underlying lease or foreclosure of any mortgage or deed of trust.

 

Section 16.4                            Estoppel Certificates.  Lessee shall, at any time and from time to
time upon request of Lessor, within ten (10) days following request from
Lessor, execute, acknowledge and deliver to Lessor a certificate (“Estoppel
Certificate”) in writing in such form as Lessor or any of its lenders,
prospective purchasers, lienholders or assignees may reasonably deem
appropriate.  Lessee’s failure to deliver
the Estoppel Certificate within this ten (10) day period shall constitute
an Event of Default; provided, however, Lessor shall not be entitled to
terminate this Lease, unless Lessor was actually harmed by the failure to
deliver such item in a timely manner.

 

Section 16.5                            Sale By
Lessor.  In the event Lessor shall sell, assign, convey
or transfer (collectively a “conveyance”) all or any part of its interest in
the Property, Lessee hereby attorns to such transferee (the “New Owner”), and
upon consummation of such conveyance, Lessor shall automatically be freed and
relieved from all liability and obligations accruing under this Lease or to be
performed from and after the date of such conveyance on the condition that the
New Owner assumes in writing Lessor’s obligation under this Lease.  In the event of such conveyance, Lessor shall
also transfer the balance of the Security Deposit, if any, to the New Owner,
and Lessor shall thereupon be relieved of all liability with respect to the
Security Deposit.

 

ARTICLE 17
- RULES AND REGULATIONS

 

Lessee shall faithfully observe and comply
with the rules and regulations pertaining to the Property (“Rules”), a
copy of which are attached as Exhibit ”E,” and
all reasonable modifications and additions to the Rules from time to time
put into effect by Lessor; provided, however, that no modifications or
additions to the Rules shall materially interfere with or adversely affect
the Permitted Use of the Premises or Lessee’s rights under this Lease.  Lessor shall generally promulgate and enforce
the Rules in a non-discriminatory manner, subject to exceptions as
appropriate for separate uses permitted and/or special arrangements made for
separate tenants (e.g., some tenants may be granted reserved parking, others
may be prohibited from parking in reserved spaces).  In no event shall Lessor be responsible to
Lessee for the nonperformance of any of the Rules by any other occupant or
tenant of the Property.

 

ARTICLE 18
- HOLDING OVER

 

Lessee shall surrender possession of the
Premises immediately upon the expiration of the Term or termination of this
Lease.  If Lessee shall continue to
occupy or possess the Premises after such expiration or termination, then
unless Lessor and Lessee have otherwise agreed in

 

 

writing, Lessee shall be
deemed to be a trespasser.  Notwithstanding
such status, all of the terms, provisions and conditions of this Lease shall
apply to Lessee’s holdover occupancy except those terms, provisions and
conditions pertaining to the Term, and except that the Base Rent shall be
immediately adjusted upward upon the expiration or termination of this Lease to
one hundred fifty percent (150%) of the Base Rent for the Premises in effect immediately
prior to the expiration or termination of this Lease.  This holdover occupancy may be terminated by
Lessor upon ten (10) days’ prior notice to Lessee.  In the event that Lessee fails to surrender
the Premises upon such termination or expiration, then Lessee shall indemnify,
defend and hold Lessor harmless against all loss or liability resulting from or
arising out of Lessee’s failure to surrender the Premises, including, but not
limited to, any amounts required to be paid to any tenant or prospective tenant
who was to have occupied the Premises after said termination or expiration and
any related attorneys’ fees and brokerage commissions.  No payment of money by Lessee to Lessor after
the termination of this Lease by Lessor, or after the giving of any notice of
termination to Lessee by Lessor which Lessor is entitled to give Lessee under
this Lease, shall reinstate, continue or extend the Term of this Lease or shall
affect any such notice given to Lessee prior to the payment of such money, it
being agreed that after the service of such notice or the commencement of any suit
by Lessor to obtain possession of the Premises, Lessor may receive and collect
when due any and all payments owed by Lessee under this Lease, and otherwise
exercise any and all of its rights and remedies.  The making of any such payments by Lessee or acceptance
of same by Lessor shall not waive such notice of termination, or in any manner affect
any pending suit or judgment obtained.

 

ARTICLE 19
– MISCELLANEOUS

 

Section 19.1                            Attorney’s Fees.  If either Lessor or Lessee commences or engages
in, or threatens to commence or engage in, any action, litigation or
arbitration (“legal action”) against the other party arising out of or in
connection with this Lease, the Premises, the Building or the Property, including,
but not limited to, any action for recovery of any payment owed by either party
under this Lease, or to recover possession of the Premises, or for damages for
breach of this Lease, the prevailing party shall be entitled to have and
recover from the losing party reasonable attorneys’ fees and other costs
incurred in connection with said legal action and in preparation for said legal
action.  If Lessor becomes involved in
any legal action, threatened or actual, by or against anyone not a party to this
Lease, but arising by reason of or related to any act or omission of Lessee or
Lessee’s Employees, Lessee agrees to pay Lessor’s reasonable attorneys’ fees
and other costs incurred in connection with said action.

 

Section 19.2                            Authorization to Sign Lease.  Each individual executing this Lease on behalf
of Lessee represents and warrants that he/she is duly authorized to execute and
deliver this Lease on behalf of Lessee in accordance with a duly adopted
resolution of Lessee’s Board of Directors, and Lessee warrants and represents
that this Lease is binding upon Lessee in accordance with its terms.  Lessee shall, concurrently with its execution
of this Lease, deliver to Lessor upon its request a certified copy of a resolution
of its Board of Directors authorizing the execution of this Lease.  Lessor represents and warrants to Lessee that
Lessor has the requisite interest and authority to enter into this Lease, that
each individual executing this Lease on behalf of Lessor has been duly
authorized to do so, and that this Lease is binding upon Lessor in accordance
with its terms.

 

 

Section 19.3                            Brokers.  Lessor and Lessee each hereby represent and
warrant to the other that it has not engaged or dealt with any real estate
brokers, salespersons, finders or other persons entitled to any compensation
relating to this Lease, other than those listed in Section 1.1.  If a party’s representation and warranty
contained in this Section is inaccurate, then such party hereby agrees to
indemnify, defend and hold the other harmless from and against any and all
liabilities, costs and expenses (including, without limitation, attorneys’
fees) incurred by such other party in connection with the claims of any
brokers, salespersons, finders or other persons not listed in Section 1.1.
 Lessor shall pay the commissions or fees
of the persons listed in Section 1.1 pursuant to the terms of a separate
written agreement.

 

Section 19.4                            Confidentiality.  n/a - intentionally deleted.

 

Section 19.5                            Covenants, Conditions and
Standards.  (a) All provisions, whether covenants or
conditions, on the part of Lessee shall be deemed to be both covenants and
conditions; (b) Unless this Lease provides for a contrary standard,
whenever in this Lease the consent or approval of the Lessor or Lessee is
required, such consent or approval shall not be unreasonably withheld,
conditioned or delayed (except, however, with respect to any Lessor consent, for matters which could possibly have an
adverse effect on the Building’s mechanical, life safety, HVAC, ventilation,
electrical systems, or structural integrity, or which could affect the exterior
appearance of the Building, Lessor may withhold such consent or approval in its
sole discretion, provided Lessor shall act in good faith in the exercise of
such discretion).

 

Section 19.6                            Exhibits.  All Exhibits, and any Riders, which are
attached to this Lease are hereby incorporated by this reference and made a
part of this Lease.

 

Section 19.7                            Force Majeure.  A party shall not be chargeable with, liable
for, or responsible to the other party for anything or in any amount for any
failure to perform or delay caused by: fire; earthquake; explosion; flood;
hurricane; the elements; acts of God or the public enemy; actions,
restrictions, limitations or interference of governmental authorities or
agents; war; invasion; insurrection; rebellion; riots; strikes or lockouts;
inability to obtain necessary materials, goods, equipment, services, utilities
or labor; or any other cause which is beyond the reasonable control of the
party charged with performance; and any such failure or delay due to said
causes shall not be deemed a breach or default by such party.  The foregoing shall not apply with respect to
the obligations of any party to make payment to the other.

 

Section 19.8                            Gender, Definitions and
Headings.  The words “Lessor” and “Lessee” as used herein
shall include the plural as well as the singular and, when appropriate, shall
refer to action taken by or on behalf of Lessor or Lessee by their respective
employees, agents or authorized representatives.  Words in masculine or neuter gender include
the masculine, feminine and neuter.  If
there is more than one person constituting Lessee, the obligations hereunder imposed
upon such persons constituting Lessee shall be joint and several.  The paragraph headings of this Lease are not a
part of this Lease and shall have no effect upon the construction or interpretation
of any part hereof.  Except as otherwise
provided to the contrary in this Lease, the terms, conditions and agreements of
this Lease shall apply to and bind the heirs, successors, legal representatives
and permitted assigns of the parties hereto. 
Any reference to the word “persons” shall, when appropriate, be deemed
to include a corporation, any entity,

 

 

individual, partnership,
limited liability company, joint venture, trust and/or association, etc.

 

Section 19.9                            Governing Law.  This Lease shall be governed by and construed
pursuant to the laws of the State of Kansas.

 

Section 19.10                     Hazardous Materials.  Lessor represents that, to the best of Lessor’s
knowledge, except for cleaning solvents, de-icing supplies, typical office and
Building maintenance supplies, etc., there are presently no biologically or
chemically active or other hazardous substances or materials, the use, storage
or disposal of which is regulated by statute (collectively, “Hazardous Materials”)
on, under, above or about the Premises or the Property except as is typical for
the Permitted Use.  Lessee shall not
(either with or without negligence) cause or permit the escape, disposal or release
of any Hazardous Materials.  Lessee shall
not allow the storage or use of Hazardous Materials in any manner not
sanctioned by law or by the highest standards prevailing in the industry for
the storage and use of such substances or materials, nor allow to be brought
into the Property any such materials or substances except supplies used in the
ordinary course of Lessee’s business, and then only after written notice is
given to Lessor of the identity of such substances or materials (i.e., those
that are not typical for general office use).  Without limitation, the term “Hazardous
Materials” shall include those described in the Comprehensive Environmental
Response, Compensation and Liability Act of 1980, as amended, 42 U.S.C. Section 6901,
et  seq., any applicable state or local laws, and the regulations
adopted under these acts.  If any lender
or governmental agency shall in good faith ever require testing to ascertain
whether or not there has been any release of Hazardous Materials by Lessee, then
the reasonable costs thereof shall be reimbursed by Lessee to Lessor upon
demand as additional rent if such requirement applies to the Premises.  In addition, Lessee shall execute affidavits,
representations and the like from time to time at Lessor’s reasonable request
concerning Lessee’s best knowledge and belief regarding the presence of
Hazardous Materials on the Premises.  In
all events, Lessee shall indemnify Lessor and Lessor’s Employees in the manner
elsewhere provided in this Lease from any release of Hazardous Materials on the
Premises or the Property, or elsewhere, if caused by Lessee, Lessee’s Employees
or persons acting under Lessee.  These
covenants shall survive expiration and termination of this Lease.

 

Section 19.11                     Inspections and Access.  Lessor may enter the Premises at all reasonable
hours by means of a master key or otherwise, for any reasonable purpose.  Lessor shall give Lessee reasonable advance
(written and/or telephonic) notice of Lessor’s intention to enter the Premises,
except for (a) routine access (i.e., the routine rendering of janitorial
services, etc.); (b) access in response to Lessee initiated maintenance
calls; and/or (c) emergency access (it being understood that access for
each of (a) through (c) will not require advance notice).  If Lessee shall not be personally present to
open and permit an entry into the Premises at any time when such entry by Lessor
is necessary or permitted under this Lease, Lessor may enter by means of a
master key without liability to Lessee except for any failure to exercise due
care for Lessee’s personal property, and without affecting this Lease.  Lessor shall endeavor in good faith to
minimize disturbance to or interference with Lessee or Lessee’s business.

 

Section 19.12                     Name of Building.  Lessee shall not use any name,
insignia or logotype of the Building or the Property or any picture of the
Building or the Property in its advertising, stationery or any other manner.  Lessor expressly reserves the right, in Lessor’s
discretion, to

 

 

change the name,
insignia, or logotype of the Building or the Property without in any manner
being liable to Lessee.

 

Section 19.13                     No Offer.  The submission of this Lease to Lessee shall
not be deemed an offer to lease the Premises to Lessee.  This Lease shall only become binding upon
Lessor and Lessee when it is fully executed and a fully-executed original is
delivered by Lessor to Lessee.

 

Section 19.14                     Notices.  All notices, requests, consents, approvals,
payments in connection with this Lease, or communications that either party
desires or is required or permitted to give or make to the other party, shall
be given in writing and shall be deemed received upon the date of: (a) receipt,
when personally served; (b) delivery, when delivered by a nationally
recognized courier service, or (c) receipt or first attempted delivery in
the case of refusal to accept delivery or inability to deliver due to failure
of the recipient party to maintain a current address for receipt of notices,
when deposited in the United States mail, certified or registered mail, return
receipt requested, postage prepaid, to the respective addresses of Lessee or
Lessor as set forth in Section 1.1, above.  Lessor or Lessee may from time to time designate
other addresses for notice purposes by written notice to the other in accordance
herewith.

 

Section 19.15                     Parking.  Lessor shall maintain an unsecured open air
automobile parking lot (“Parking Facilities”) adjacent to the Building.  Lessee’s privileges during the term hereof
with respect to the Parking Facilities shall be in accordance with the
provisions of the attached Exhibit “F.”

 

Section 19.16                     Recordation.  Neither this Lease nor any
abstract hereof shall be recorded by Lessee.

 

Section 19.17                     Severability.  The illegality, invalidity or
un-enforceability of any term, condition, or provision of this Lease shall in
no way impair or invalidate any other term, provision or condition of this
Lease, and all such other terms, provisions and conditions shall remain in full
force and effect.

 

Section 19.18                     Time is of the Essence.  Time shall be of the essence for each of the
provisions hereof.

 

Section 19.19                     Waiver.  The waiver by Lessor or Lessee of any term,
covenant, agreement, provision or condition (collectively “Obligation(s)”)
contained in this Lease shall not be deemed to be a waiver of any subsequent
breach of the same or of any other Obligation, nor shall any failure to enforce
compliance with any or all of the Obligations of this Lease (except as
expressly provided in this Lease), or any custom or practice which may develop
between the parties in the administration of this Lease, be construed to waive
or lessen the right of Lessor or Lessee to insist upon the performance by the
other in strict accordance with all of the Obligations and provisions of this
Lease.  The subsequent acceptance by
Lessor of any payment owed by Lessee to Lessor under this Lease shall not be
deemed to be a waiver of any preceding breach by Lessee of any obligation or
provision of this Lease, other than the failure of Lessee to make the specific
payment so accepted by Lessor, regardless of Lessor’s or Lessee’s knowledge of
such preceding breach at the time of the making or acceptance of such payment.

 

 

Section 19.20                     Entire Agreement.  This Lease, taken together with
the Exhibits attached hereto, constitutes the entire agreement of the parties
respecting the Premises and all other matters covered or mentioned in this
Lease, and supersedes all prior oral or written
negotiations, agreements or understandings with respect thereto.  This Lease may not be amended except by an
instrument in writing signed by both parties.

 

IN WITNESS WHEREOF, the parties have
executed this Lease to be effective as of the date first set forth above.

 

	
  LESSOR:

  	
   

  	
  LESSEE:

  
	
   

  	
   

  	
   

  
	
  King Street Properties, L.L.C.,

  	
   

  	
  ICOP Digital, Inc.,

  
	
  a Kansas limited liability company

  	
   

  	
  a Nevada corporation

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
  By:

  	
  /s/ Paul P Denzer

  	
   

  	
   

  	
  By:

  	
  /s/ David C. Owen

  	
   

  
	
   

  	
  Paul P. Denzer, its Manager

  	
   

  	
   

  	
  David C. Owen, its Chairman and CFO

  
							

 

 

EXHIBIT “A”

FLOOR PLAN OF BUILDING

(Showing Approximate Location of Premises)

 

Re:                               Lease dated June 4,
2003 (the “Lease”) between King Street Properties, L.L.C., a Kansas limited
liability company (as “Lessor”), and ICOP Digital, Inc., a Nevada
corporation (as “Lessee”), pertaining to Suite 260 (the “Premises”),
located at 11011 King Street, Overland Park, Kansas.

 

 

 

EXHIBIT “B”

NOTICE OF COMMENCEMENT DATE

 

Re:                               Lease dated June 4,
2003 (the “Lease”) between King Street Properties, L.L.C., a Kansas limited
liability company (as “Lessor”), and ICOP Digital, Inc., a Nevada corporation
(as “Lessee”), pertaining to Suite 260 (the “Premises”), located at 11011
King Street, Overland Park, Kansas.

 

Gentlemen:

 

In accordance with the subject Lease, we
wish to confirm the following:

 

1.  That the Premises have been accepted herewith
by the Lessee as being substantially complete in accordance with the subject
Lease, and that there is no deficiency in construction.

 

2.  That
the Lessee has accepted and assumed possession of the subject Premises and acknowledges
that under the provisions of the subject Lease, the Term of said Lease
commenced as of June 1, 2003, for a term of forty-three (43) months,
ending on December 31, 2006.

 

3.  That
in accordance with the subject Lease, rental shall commence and be payable in
full as of June 1, 2003.

 

4.  Rent
is due and payable in advance on the first day of each and every month during
the term of said Lease.

 

 

	
  LESSOR:

  	
   

  	
  LESSEE:

  
	
   

  	
   

  	
   

  
	
  King Street Properties, L.L.C.,

  	
   

  	
  ICOP Digital, Inc.,

  
	
  a Kansas limited liability company

  	
   

  	
  a Nevada corporation

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
  By:

  	
  /s/ Paul P Denzer

  	
   

  	
   

  	
  By:

  	
  /s/ David C. Owen

  	
   

  
	
   

  	
  Paul P. Denzer, its Manager

  	
   

  	
   

  	
  David C. Owen, its Chairman and CFO

  
							

 

 

EXHIBIT “C”

CONSTRUCTION WORK MEMORANDUM

 

Re:                               Lease dated June 4,
2003 (the “Lease”) between King Street Properties, L.L.C., a Kansas limited
liability company (as “Lessor”), and ICOP Digital, Inc., a Nevada
corporation (as “Lessee”), pertaining to Suite 260 (the “Premises”),
located at 11011 King Street, Overland Park, Kansas.

 

This Construction Work Memorandum
supplements the Lease.  The terms used
herein shall have the same meanings as set forth in the Lease, unless such
meanings are expressly contradicted herein.  In addition, all rights and remedies of Lessor
and Lessee under the Lease shall apply in the event of a default in any of the
provisions of this Agreement, and this Agreement is hereby made a part of the Lease.

 

Lessee accepts the Premises in its “AS IS” “WHERE
IS” condition and configuration on the effective date of the Lease.

 

Notwithstanding the above, as an element of
this Lease (see Section 1.1(u)), Lessor will provide Lessee an improvement
and remodeling allowance of $10,000.00 (the “T/I Allowance”), to be utilized by
Lessee help cover the cost of remodeling work in the Premises.  Remodeling work in the Premises shall generally
be subject to the provisions of Article 7 of the Lease (pertaining to
Alteration, Additions and Construction Work in the Premises).  All remodeling shall be subject to Lessor’s
prior written consent, which shall not be unreasonably withheld.  Lessee shall be responsible for and shall pay
for any and all costs of making improvements in and/or remodeling the Premises
(including but not limited to architectural fees, permit fees, construction
costs, etc.), subject only to Lessor’s contribution of the foregoing T/I
Allowance.  The parties acknowledge that
Lessee shall have possession and occupy and be in control of the Premises
during the course of any such remodeling work.  All such work shall be coordinated by or
through Lessor and/or contractors specifically approved by or engaged by Lessor
on Lessee’s behalf.

 

 

EXHIBIT “D”

BUILDING STANDARD SERVICES AND UTILITIES

 

Re:                               Lease dated June 4,
2003 (the “Lease”) between King Street Properties, L.L.C., a Kansas limited
liability company (as “Lessor”), and ICOP Digital, Inc., a Nevada
corporation (as “Lessee”), pertaining to Suite 260 (the “Premises”),
located at 11011 King Street, Overland Park, Kansas.

 

The furnishing of building services and utilities
to Lessee shall be accomplished in accordance with and subject to the terms and
conditions set forth in this Exhibit “D” and elsewhere in this Lease.  Lessor reserves the right to adopt from time
to time such reasonable modifications and additions hereto as Lessor may deem
appropriate, provided that such modifications and additions shall not
materially reduce the scope or quality of services.  In addition, all standard building services
shall be rendered in a manner that is consistent with comparable class office
buildings in relevant proximity to the Property.

 

1.                                       So long as no
Event of Default by Lessee exists under the Lease, Lessor shall, during Normal Hours
as set forth in Section 1.1 of the Lease, provide the following standard
building services:  (a) elevator service;
(b) Heating, ventilating, and air conditioning (“HVAC”) when and at such
temperatures, in the reasonable judgment of Lessor, may be required for the
comfortable occupancy of the Premises for general office purposes (subject,
however, to any Governmental Requirements); provided, Lessor shall provide HVAC
service after Normal Hours cost upon request by Lessee by 3:00 p.m. of the
day before such service is required.  Lessor may establish a reasonable minimum time
block for the provision of such Additional Services and may charge Lessee for
such services at a commercially reasonable rate (initially to be a three hour minimum
charged at $25.00 per hour).  Lessor
shall not be responsible for any room temperatures if Lessee’s lighting and
receptacle loads exceed those listed in Paragraph 1(c) of this Exhibit, or
if the Premises are used for other than general office purposes; (c) Electric
current for routine lighting and the operation of general office machines such
as typewriters, dictating equipment, desk model adding machines, photocopy
machines and desk top computers incidental to the conduct of normal general
office business, which use 110/220-volt electric power, not to exceed the
reasonable capacity of building standard office lighting and receptacles, and not
in excess of limits imposed by any Governmental Requirements.  Lessee agrees, should its electrical installation
or electrical consumption be in excess of the aforesaid use or extend beyond
Normal Hours, to reimburse Lessor for the excess utilities as provided hereinabove
and in Article 8 of this Lease; (d) Reasonably necessary amounts of
water for rest rooms and drinking furnished by Lessor; (e) Janitorial services
to the Premises five days per week (except state and/or federal holidays),
pursuant to a commercially reasonable schedule, and in general accordance with
the cleaning specifications for comparable class office buildings in relevant
proximity to the Property, provided the Premises are used exclusively in
accordance with Section 1.1 and Article 6 of this Lease, and are kept
reasonably in order by Lessee.  Lessee shall
pay to Lessor the cost of removal of any of Lessee’s refuse and rubbish, to the
extent that the same exceeds the refuse and rubbish usually attendant upon the
use of the Premises for general office purposes.  Lessor shall not be responsible or liable for
any act or omission or commission on the part of the persons employed to perform
said janitorial services, and said janitorial services shall

 

 

be performed at
Lessor’s direction without interference by Lessee or Lessee’s Employees.

 

2.                                       Lessor shall be
responsible for and shall have the exclusive right to make any replacement of
the office standard electric light bulbs, tubes and ballasts in the Premises,
throughout the Term (Tenant shall be responsible for maintenance of any specialty
or equipment lighting installed in the Premises).  The Lessor may, at Lessor’s sole discretion,
adopt a system of relamping and reballasting periodically on a group basis in accordance
with good practice.

 

3.                                       No electrical
equipment, air conditioning or heating units, or plumbing additions shall be
installed, nor shall any changes to the Building’s HVAC, electrical or plumbing
systems be made which could possibly adversely affect the Building or such
systems without the prior written consent of Lessor, which consent shall be
subject to Lessor’s sole and reasonable discretion.  Lessor reserves the right to designate and/or
approve the contractor to be used by Lessee.  Any permitted installations shall be made
under Lessor’s supervision.  Lessee shall
pay any additional cost on account of any increased support to the floor or
roof load for any Lessee required installation and/or additional equipment
required for such installations, and such installations shall otherwise be made
in accordance with Article 7 of this Lease.

 

4.                                       Lessor shall not
provide the Premises with reception outlets or television or radio antennas for
television or radio broadcast or reception, and Lessee shall not install any
such equipment without the prior written consent of Lessor, which consent can
be withheld in Lessor’s sole and absolute discretion.

 

5.                                       Lessee shall not,
without the prior written consent of Lessor, use any apparatus, machine or
device in the Premises, which will in any way increase the amount of electricity
or water usually furnished or supplied for use of the Premises as general
office space, nor connect with electric current, except through existing outlets
in the Premises, any apparatus or device for the purpose of using electric
current in excess of that usually furnished or supplied for use of the Premises
as general office space.

 

6.                                       Lessee shall
separately arrange with the applicable local public authorities, utility
companies and telephone companies, as the case may be, for the furnishing of,
and payment of, all telephone services as may be required by Lessee in the use
of the Premises; provided, however, that Lessee shall neither bear the cost of
nor be responsible for installation of the telephone wiring stubbed to the
telephone room.  Lessee shall directly
pay for such telephone services, including the establishment and connection
thereof, at the rates charged for such services by said authority, telephone
company or utility, and the failure of Lessee to obtain or to continue to
receive such services for any reason whatsoever shall not relieve Lessee of any
of its obligations under this Lease nor constitute a breach of this Lease by
Lessor.

 

7.                                       Lessee agrees to cooperate
fully at all times with Lessor to assure, and to abide by all regulations and
requirements which Lessor may prescribe for the proper functioning and
protection of the Building’s HVAC, electrical, security (if any), and plumbing
systems.

 

 

EXHIBIT “E”

 

RULES AND REGULATIONS

 

Re:                               Lease
dated June 4, 2003 (the “Lease”) between King Street Properties, L.L.C., a
Kansas limited liability company (as “Lessor”), and ICOP Digital, Inc., a
Nevada corporation (as “Lessee”), pertaining to Suite 260 (the “Premises”),
located at 11011 King Street, Overland Park, Kansas.

 

1.                                       The
sidewalks, entrances, exits, passages, parking areas, courts, elevators,
vestibules, stairways, corridors, terraces, lobbies or halls shall not be
obstructed or used for any purpose other than ingress and egress.  The halls, passages, entrances, exits,
elevators and stairways are not for the use of the general public, and Lessor
shall retain the right to control and prevent access thereto of all persons
whose presence, in the judgment of Lessor, is deemed to be prejudicial to the
safety, character, reputation and interests of the Building and its
tenants.  Lessee shall not go up on the
roof of the Building.

 

2.                                       No
curtains, blinds, shades or screens shall be attached to or hung in, or used in
connection with any window of the Premises, other than Lessor’s standard window
covering, without Lessor’s prior consent. 
Neither the interior nor exterior of any windows shall be coated or
otherwise sun-screened without consent of Lessor.

 

3.                                       No
signs, pictures, placards, etc., shall be installed, displayed, placed or
affixed by Lessee on any part of the exterior of the Premises, the Building or
the Property, or the interior of the Premises, which is visible from the
exterior of the Premises, without the prior written consent of Lessor.  In the event of the violation of the
foregoing by any Lessee, Lessor may remove same without any liability, and may
charge the expense incurred in such removal to the Lessee violating this
rule.  Interior signs on doors shall be
inscribed, painted or affixed for each Lessee by the Lessor at such Lessee’s
expense, and shall be of a size, color and style acceptable to the Lessor.  Nothing may be placed on the exterior of
corridor walls or corridor doors other than Lessor’s building standard sign on
the corridor door, applied and installed by Lessor.

 

4.                                       The
Building directory will be provided exclusively for the display of the name and
location of tenants of the Building and Lessor reserves the right to exclude
any other names therefrom.  Lessee’s name
shall be initially added to the Building directory with out charge.  Any future changes or additional name(s)
which Lessee shall desire to have placed on the Building directory must first
be approved in writing by Lessor and paid for by the Lessee.

 

5.                                       Lessee
shall not drill into, or in any way deface any part of the Premises, provided
that Lessee may affix artwork and normal office decor to the walls inside the
Premises.  No boring, cutting or
stringing of wires or laying of linoleum or other similar floor coverings shall
be permitted, except with the prior written consent of the Lessor.

 

6.                                       No
bicycles, vehicles, birds or animals of any kind (except seeing eye dogs) shall
be brought into or kept in or about the Premises or the Building, and no
cooking shall be done or permitted by Lessee on the Premises, except that the
preparation of coffee, tea, hot chocolate and 

 

 

other
similarly brewable or microwavable items for Lessee shall be permitted;
provided, however, that the power required shall not exceed that amount which
can be provided by a 30-amp circuit. 
Lessee shall not cause or permit any unusual or objectionable odors to
be produced or to permeate the Premises or the Building.

 

7.                                       The
Premises shall not be used for manufacturing or for the storage of merchandise
except as such storage may be incidental to the use of the Premises for the
Permitted Use.  Lessee shall not occupy
or permit any portion of the Premises to be occupied as an office for a public
stenographer or typist or for the manufacture or sale of liquor, narcotics or
tobacco in any form, or as a medical office, or as a barber or manicure shop,
beauty or hair salon, or as an employment bureau, or as a travel agency,
without the prior written consent of Lessor. 
Lessee shall not sell or permit the sale of newspapers, magazines,
periodicals, theater tickets or any other goods or merchandise in or on its
Premises.  Lessee shall not advertise for
laborers giving an address at its Premises. 
The Premises shall not be used for lodging or sleeping or for any
illegal purposes.

 

8.                                       Lessee
shall not make, or permit to be made, any noises which disturb other occupants
of the Building, whether by the use of any musical instrument, radio,
television, phonograph, screening room, loud, unusual or disruptive noise, or
in any other way.  No Lessee shall use, keep
or permit to be used any foul or noxious gas or substance in, on or about the
Premises.

 

9.                                       Lessee
shall not at any time bring or keep within the Premises or the Building any
flammable, combustible or explosive fluid, chemical substance, or
material.  Electric space heaters shall
not be used at any time by Lessee.

 

10.                                 No
new or additional locks or bolts of any kind shall be placed upon any of the
doors by Lessee, nor shall any changes be made in existing locks or the
mechanism thereof, without the prior written consent of Lessor.  If Lessor consents in writing to such a lock
change, Lessee must furnish Lessor with a key. Lessee must, upon the
termination of its tenancy, give, return, and restore to Lessor all keys of
stores, offices, vaults, and toilet rooms, either furnished to, or otherwise
procured by Lessee, and in the event at any time of any loss of keys so
furnished, Lessee shall pay to Lessor the cost of replacing the same or of
changing the lock or locks opened by such lost key if Lessor shall deem it
necessary to make such changes.

 

11.                                 Furniture,
freight, over-sized or non-routine packages, equipment, safes, bulky matter or
supplies of any description shall be moved in or out of the Building only after
Lessor has been furnished with prior notice and approved thereof in writing and
only during such hours and in such manner as may be prescribed by the Lessor
from time to time.  The scheduling and
manner of all Lessee move-ins and move-outs shall be subject to the reasonable
discretion and approval of Lessor, and said move-ins and move-outs shall only
take place at such times as Lessor may reasonably designate.  In the event Lessee’s movers damage the
elevator or any other part of the Property, Lessee shall promptly pay to Lessor
the amount required to repair said damage. 
The moving of safes or other fixtures or bulky or heavy matter of any
kind must be done under the Lessor’s supervision, and the person employed by
any Lessee for such work must be reasonably acceptable to Lessor, but such
persons shall not be deemed to be agents or servants 

 

 

of
the Lessor, and Lessee shall be responsible for all acts of such persons.  The Lessor reserves the right to inspect all
safes, freight or other bulky or heavy articles to be brought into the Building
and to exclude from the Building all safes, freight or other bulky or heavy
articles which violate any of these Rules or the Lease of which these Rules are
a part.  The Lessor reserves the right to
determine the location and position of all safes, freight, furniture or bulky
or heavy matter brought onto the Premises, and Lessor shall have the right to
require that same be placed upon supports approved in writing by Lessor to
distribute the weight.

 

12.                                 No
furniture shall be placed in front of the Building, or in any lobby or corridor
or balcony, without the prior written consent of Lessor.  Lessor shall have the right to remove all
non-permitted furniture, without notice to Lessee, and at the expense of
Lessee.

 

13.                                 Lessee
shall not purchase water, ice, towel, janitorial, maintenance, or other like
services, from any person or persons not reasonably approved in writing by
Lessor.  No Lessee shall obtain or
purchase food or beverages on the Property from any vendor or supplier except
at hours and under regulations reasonably established by Lessor.

 

14.                                 Lessor
reserves the right to exclude from the Building between the hours of 6:00 p.m.
and 7:00 a.m., Monday through Friday, and at all hours on Saturday,
Sunday, state and/or federal holidays, all persons who are not authorized by
Lessee.  Such authorization shall be in
accordance with procedures established by Lessor in its sole and reasonable
discretion.  Lessee shall be responsible
for all persons whom it causes to be present in the Building and shall be
liable to Lessor for all acts of such persons. 
In the case of invasion, riot, public excitement, act of God, or other
circumstance rendering such action advisable in Lessor’s reasonable
determination, Lessor reserves the right to prevent access of all persons, including
Lessee, to the Building during the continuance of the same by such actions as
Lessor may deem appropriate, including the closing and locking of doors.

 

15.                                 Any
persons employed by Lessee to do any work in or about the Premises shall, while
in the Building and outside of the Premises, be subject to and under the
control and direction of Lessee and Lessee shall be responsible for all acts of
such persons.

 

16.                                 All
doors opening onto public corridors shall be kept closed, except when in use
for ingress and egress.  All doors
leading to equipment and utility rooms shall be kept closed.

 

17.                                 Canvassing,
soliciting and peddling in the Building are prohibited and each Lessee shall
cooperate to prevent the same.

 

18.                                 All
office equipment of any electrical nature (other than that office equipment
which is typically used in normal office uses and which does not cause
excessive vibration, noise or annoyance) shall be placed by Lessee in the
Premises in settings and locations approved in writing by Lessor, to absorb or
prevent any vibration, noise or annoyance.

 

19.                                 No
air conditioning or heating units or other similar apparatus shall be installed
or used by Lessee without the prior written consent of Lessor, which consent
will not be unreasonably withheld.

 

 

20.                                 Lessee
shall faithfully observe and comply with the terms of any and all covenants,
conditions and restrictions recorded against the Property (none currently
applicable).  Lessor agrees that the
adoption of any covenants, conditions and restrictions against the Property
after the effective date of this Lease shall not materially adversely affect
Lessee’s use and enjoyment of the Premises or Lessee’s rights under the Lease.

 

21.                                 Rest
rooms and other water fixtures shall not be used for any purpose other than
that which the same are intended, and any damage resulting to the same from
misuse on the part of Lessee shall be paid for by Lessee.  Lessee shall be responsible for causing all
water faucets, water apparatus and utilities (other than security lighting and
equipment that must be powered on a continuous basis) within the Premises to be
shut off before such Lessee leaves the Premises each day, and Lessee shall be
liable for any waste or damage sustained as a result of Lessee’s failure to
perform said duty.

 

 

EXHIBIT “F”

 

PARKING FACILITIES RULES and PRIVILEGES

 

Re:                               Lease
dated June 4, 2003 (the “Lease”‘) between King Street Properties, L.L.C.,
a Kansas limited liability company (as “Lessor”) and ICOP Digital, Inc., a
Nevada corporation (as “Lessee”), pertaining to Suite 260 (the “Premises”),
located at 11011 King Street, Overland Park, Kansas.

 

So long as the
Lease to which this Exhibit is attached remains in effect and Lessee is
not in default thereunder, Lessee and Lessee’s designated employees and invited
guests shall be entitled, during the term of the Lease, to parking privileges
for up to twelve (12) automobiles in the aggregate.  A condition of any parking shall be
compliance by all parkers with parking rules and regulations and all
modifications and additions thereto from time to time established by Lessor (or
Lessor’s operator) in their sole discretion, including any sticker or other
identification system established by Lessor (or Lessor’s operator).  Lessor (and Lessor’s operator) shall not be
responsible to Lessee for the non-performance of any of said rules and
regulations by any other parker.  The rules and
regulations for the Parking Facilities are as follows:

 

RULES AND REGULATIONS

 

1.                                       Parking
hours shall generally coincide with regular business hours as described in the
Lease - no overnight parking is allowed.

 

2.                                       Automobiles
must be parked entirely within the stall lines on the pavement.

 

3.                                       All
directional signs and arrows must be observed.

 

4.                                       The
speed limit shall be 5 miles per hour.

 

5.                                       Parking
is prohibited in areas not striped for parking. 
Additionally, Lessor may establish reserved parking spaces for the
benefit of any one or more Lessees of the Property and/or their employees, in
Lessor’s sole discretion.  Only the
Lessee and/or its employees who are expressly authorized to park in such
reserved spaces shall be allowed to park in reserved spaces, and then only in
the reserved space(s) specifically designated for that person’s vehicle by
Lessor.  All others shall be prohibited
from parking in reserved spaces.

 

6.                                       Parking
stickers or any other device or form of identification supplied by Lessor (if
any) shall remain the property of Lessor. 
Such parking identification device must be displayed as required.

 

7.                                       Lessor
may refuse to permit any person who violates the within rules to park in
the parking area, and any violation of the rules shall subject the
automobile to removal from the parking area at the parker’s expense.

 

8.                                       Every
parker is required to park and lock his/her own automobile.  All

 

 

responsibility
for any loss or damage to automobiles or any personal property therein is
assumed by the parker.

 

9.                                       Loss
or theft from automobiles must be reported to the Lessor immediately, and a
lost or stolen report must be filed by the parker at that time.

 

10.                                 The
Parking Facilities are for the sole purpose of parking one (1) automobile
per space.  Washing, waxing, cleaning or
servicing of any vehicle by the parker of his/her agents is prohibited, except
by persons expressly authorized in writing to do so in advance by Lessor.

 

11.                                 Lessor
reserves the right to refuse the issuance of monthly stickers or other parking
identification devices to any Lessee and/or its employees who refuse to comply
with the above Rules and Regulations and all city, state or federal
ordinances, laws or agreements.

 

12.                                 Lessee
agrees to acquaint all employees with these Rules and Regulations.

 

 

RIDER “1”

 

GUARANTEE

 

Re:                               Lease
dated June 4, 2003 (the “Lease”) between King Street Properties, L.L.C., a
Kansas limited liability company (as “Lessor”), and ICOP Digital, Inc., a
Nevada corporation (as “Lessee”), pertaining to Suite 260 (the “Premises”),
located at 11011 King Street, Overland Park, Kansas.

 

The undersigned (“Guarantor”),
in consideration of the leasing of the Premises described in the attached Lease
to the Lessee therein mentioned, does hereby absolutely, unconditionally and
irrevocably, guarantee to the Lessor the full and complete performance of all
of Lessee’s covenants and obligations under the Lease and the full payment by
Lessee of all rentals, additional rentals and other charges and amounts
required to be paid thereunder.

 

The undersigned
hereby waives all requirements of notice of the acceptance of this Guarantee
and all requirements of notice of breach or non-performance by Lessee.  The undersigned further waive any demand by
Lessor and/or prior action by Lessor of any nature whatsoever against
Lessee.  The undersigned’s obligations
hereunder shall remain fully binding although Lessor may have waived one or
more defaults by Lessee, extended the time of performance by Lessee, modified
or amended the Lease, released, returned or misapplied other collateral given
later as additional security (including other guarantees) and released Lessee
from the performance of its obligations under such Lease.

 

The undersigned
agrees that in the event of insolvency, bankruptcy, or reorganization of
Lessee, any liquidation, dissolution, winding-up or cancellation of the legal
status of Lessee, any composition or arrangement by Lessee with its creditors,
and irrespective of any rejection, assignment or termination of the Lease or
any of the terms and conditions thereof by Lessee or any trustee of Lessee in
connection with any petition for bankruptcy or reorganization filed by Lessee
under the Bankruptcy Code or any other applicable federal or state laws, the
undersigned shall nonetheless remain liable hereunder for the full and complete
performance of the terms and conditions of the Lease to be complied with or
performed by Lessee during the entire Lease Term designated in the Lease.

 

The undersigned
further agrees that liability hereunder shall be primary, and that in any right
to action which shall accrue to Lessor under the Lease, Lessor may, at its
option, proceed against the undersigned and Lessee, jointly and severally, and
may proceed against the undersigned without having commenced any action or
having obtained any judgement against Lessee.

 

The undersigned
will pay upon demand the reasonable attorney’s fees and costs incurred by
Lessor in connection with the enforcement of this Guarantee.

 

This Guarantee
shall be binding upon the undersigned and the successors, successors in
interest, heirs, representatives and assigns of the undersigned, and shall
continue in effect subsequent to any assignment of the Lease by Lessee or by
operation of law.

 

 

Notwithstanding
anything herein to the contrary, the parties agree that the maximum recovery
which Lessor may collect from Guarantor pursuant to this Guarantee shall be
capped at Twenty-Five Thousand Dollars ($25,000.00), and Lessor will limit any
recovery from Guarantor to that sum (provided this cap shall not limit any
recovery from Lessee).

 

IN WITNESS WHEREOF, to
induce the Lessor to enter into the Lease, the undersigned has signed and
delivered this Guaranty to be effective as of June 4, 2003.

 

	
   

  	
     /s/
  David C. Owen

  	
   

  
	
   

  	
  David C. Owen

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