Document:

EX-10.34

 Exhibit 10.34 

LEASE AMENDMENT # 19 

DIAMONDBACK E & P LLC 

(Suite 400) 
 FASKEN
MIDLAND LLC (hereinafter called “Lessor”) and DIAMONDBACK E & P LLC, successor to Windsor Permian, LLC (hereinafter called “Lessee”), effective as of January 16, 2017 (the “Effective
Date”), do hereby amend that certain Lease Agreement dated April 19, 2011, as amended by Lease Amendment #1 dated June 6, 2011, Lease Amendment #2 dated August 5, 2011 (surrendered September 30, 2012), Lease Amendment #3
dated September 28, 2011, Lease Amendment #4 dated February 6, 2012, Lease Amendment #5 dated July 25, 2012, Lease Amendment #6 dated December 18, 2012, Lease Amendment #7 dated June 14, 2013, Lease Amendment #8 dated
June 14, 2013, Lease Amendment #9 dated September 3, 2013, Lease Amendment #10 dated September 26, 2013, Lease Amendment #11 dated September 26, 2014, Lease Amendment #12 dated October 23, 2014, Lease Amendment #13 dated
October 30, 2014, Lease Amendment #14 dated November 10, 2014, Lease Amendment #15 dated November 10, 2014, Lease Amendment #16 dated April 1, 2015, Lease Amendment #17 dated June 1, 2015, and Lease Amendment #18 dated
January 16, 2017 (collectively, the “Lease Agreement”), covering a total of approximately 40,951 square feet of Net Rentable Area located on Levels Twelve (12), Thirteen (13), and Fourteen (14) (the “Leased
Premises”) of One Fasken Center located at 500 West Texas Avenue, Midland, Texas 79701 (“One Fasken Center”), being a part of the property consisting of 550 and 500 West Texas Avenue, Midland Texas 79701 (the
“Buildings”), under the following terms and conditions (the “Lease Amendment # 19”): 
  

	1.	 LEASED PREMISES. Commencing on the Suite 400 Commencement Date (as defined in Section 2
below), Section 1.5, “Leased Premises” of the Lease Agreement shall be amended to add approximately 14,760 square feet of Net Rentable Area located on Level Four (4) of One Fasken Center as more fully diagramed on the
floor plan attached hereto and made a part hereof as Exhibit “B-9” (the “Suite 400 Expansion Space”). Accordingly, as of the Suite 400 Commencement Date, the term “Leased
Premises” shall hereinafter mean and include the Suite 400 Expansion Space. The Leased Premises, with the Suite 400 Expansion Space, will then consist of a total of approximately 55,711 square feet of Net Rentable Area, which represents 13.22%
of the total Net Rentable Area of the Buildings (“Lessee’s Ratable Share”), such total Net Rentable Area of the Buildings being 421,546 square feet. Lessee’s Ratable Share may be adjusted during the Lease Term to reflect
any increases or decreases in the Total Net Rentable Area of the Buildings. Lessor and Lessee acknowledge and agree that the aforesaid description of the size and square footage of the Leased Premises and the Buildings are an approximation, which
the parties agree is reasonable and payments made thereupon are not subject to dispute. 

  

	2.	 LEASE TERM. The Lease Term for the Suite 400 Expansion Space (“Suite 400 Term”)
shall be for a period commencing on February 1, 2017 (the “Suite 400 Commencement Date”), and expiring on May 31, 2026. 

 

	3.	 SUBJECT TO VACATING. Lessor’s obligation to tender possession of the Suite 400 Expansion
Space to Lessee is subject to the current tenant, Apache Corporation, entering into a lease termination agreement with Lessor for the Suite 400 Expansion Space, and vacating and delivering the Suite 400 Expansion Space in the condition required by
Lessor on or before 11:59 pm (CT) January 31, 2017. Accordingly, if the current lessee, Apache Corporation, does not enter into a lease termination agreement for the Suite 400 Expansion Space and vacate and deliver the Suite 400 Expansion
Space on or before January 31, 2017, then either Lessee or Lessor shall have the right to terminate this Lease Amendment #19 by delivery of written notice to the other party on or before February 15, 2017. 

	4.	 BASE YEAR. The Base Year for Operating Expenses and Tax Expenses for the Suite 400 Expansion
Space is calendar year 2017. 

  

	5.	 BASE RENT. The Base Rent for the Suite 400 Expansion Space is as follows: 

 

									
	PERIOD	 	ANNUAL RATE
PER SQ. FT.	 	  	MONTHLY
BASE RENT	 
	 Suite 400 Commencement Date – 5/31/2017
	 	$	26.00	 	  	$	31,980.00	 
	 6/1/2017 – 5/31/2018
	 	$	26.75	 	  	$	32,902.50	 
	 6/1/2018 – 5/31/2019
	 	$	27.50	 	  	$	33,825.00	 
	 6/1/2019 – 5/31/2020
	 	$	28.25	 	  	$	34,747.50	 
	 6/1/2020 – 5/31/2021
	 	$	29.00	 	  	$	35,670.00	 
	 6/1/2021 – 5/31/2022
	 	$	29.75	 	  	$	36,592.50	 
	 6/1/2022 – 5/31/2023
	 	$	30.50	 	  	$	37,515.00	 
	 6/1/2023 – 5/31/2024
	 	$	31.25	 	  	$	38,437.50	 
	 6/1/2024 – 5/31/2025
	 	$	32.00	 	  	$	39,360.00	 
	 6/1/2025 – 5/31/2026
	 	$	32.75	 	  	$	40,282.50	 

 All monthly Base Rent for the Suite 400 Expansion Space shall be paid to Lessor in advance and without demand,
counterclaim or offset, on or before the first (1st) day of each calendar month. 
  

	6.	 LESSEE IMPROVEMENTS. Lessee accepts the Suite 400 Expansion Space on an “AS IS” basis,
without any obligation of Lessor to construct any improvements in the Suite 400 Expansion Space; however, Lessor will provide Lessee a Construction Allowance in the amount of One Hundred Forty Seven Thousand Six Hundred Dollars ($147,600.00) to
refurbish the Suite 400 Expansion Space to Lessee’s specifications in accordance with the provisions of the Leasehold Improvements Agreement, which is attached hereto as Exhibit “D-4” and
incorporated herein. 

  

	7.	 PARKING. In addition to the one hundred (100) parking spaces already provided by Lessor to
Lessee as of the Effective Date of this Lease Amendment #19, Lessor shall provide up to thirty-two (32) additional parking spaces with respect to the Suite 400 Expansion Space during the Lease Term in the
following designated areas(s), at the following rate per space per month plus applicable sales tax: 

 4 @ $
95.00 per space per month for Executive Reserved (Basement) – space may be limited, if available 

        @ $         per space per month for
Officer Reserved (Level One) – space may be limited, if available 
 2 @ $ 75.00 per space per month for Preferred
Reserved (Level Two and above) – space may be limited, if available 
 26 @ $ 55.00 per space per month for General
Unreserved 
 The monthly rates set forth in this Section 7 shall be adjusted annually during the Suite 400 Term to an amount equal to
the prevailing market rates being charged in the Buildings for similar 

  
 2 

 
parking spaces. The parking spaces described in this Section 7 shall be for Lessee and/or Lessee’s employees and Lessor shall have the right to assign parking spaces as conditions
permit. However, Lessor shall not be required to police the use of these spaces. Lessor may make, modify and enforce rules and regulations relating to the parking of automobiles in the parking areas(s), and Lessee shall abide thereby. Lessor shall
not be liable to Lessee or Lessee’s agents, servants, employees, customers, or invitees for damage to person or property caused by an act of omission or neglect of Lessee, and Lessee agrees to hold Lessor harmless from all claims for any such
damage. 
  

	8.	 EXPANSION OPTION FOR LEVEL FIVE. 

(a)    At such time as any space on Level Five (5) of One Fasken Center (“Level Five Expansion
Space”) becomes available for lease during the Term of the Lease Agreement, as modified by this Lease Amendment # 19, and such space is free and clear of all rights of any other tenants to renew or expand into such space, including, without
limitation, rights of first offer or rights of first refusal (as such rights exist as of the Effective Date of this Lease Amendment #19), and Lessee is not then in default under the Lease Agreement as modified herein, then Lessor will notify Lessee
of the availability of the applicable Level Five Expansion Space in writing as soon as reasonably possible (“Level Five Expansion Space Notice”), and Lessee shall have twenty (20) days from delivery of Lessor’s Level Five
Expansion Space Notice to elect by written notice to Lessor that Lessee will lease the Level Five Expansion Space specified by Lessor in Lessor’s notice (“Lessee’s Level Five Expansion Space Election”). If Lessee delivers
Lessee’s Level Five Expansion Space Election in a timely manner, then the Level Five Expansion Space identified in Lessor’s Level Five Expansion Notice will be added to the Leased Premises in its then current physical condition, and
Lessee’s Ratable Share of the total Net Rentable Area of the Buildings shall be proportionately increased by the addition of the Net Rentable Area of the specified Level Five Expansion Space to the total Net Rentable Area of the Leased
Premises. Should Lessee fail to deliver Lessee’s Level Five Expansion Space Election within twenty (20) days of Lessor’s delivery of a Level Five Expansion Space Notice, then Lessee’s option to lease the respective Level Five
Expansion Space shall thereupon terminate, and Lessor shall be free to lease the respective Level Five Expansion Space to any third party at any time thereafter without condition, restriction or obligation to Lessee. 

(b)    Lessee’s occupancy of any Level Five Expansion Space shall be upon the same terms, covenants and conditions as
provided in the Lease Agreement, except as follows: 
 (i)    Term. The Level Five Expansion Space
Term for each applicable Level Five Expansion Space shall commence on the date that Lessor delivers the applicable Level Five Expansion Space to Lessee, and shall expire on May 31, 2026. 

(ii)    Base Year. The Base Year for Operating Expenses and Tax Expenses for each applicable Level
Five Expansion Space shall be calendar year 2017. 
 (iii)    Initial Base Rent. The initial
annualized Base Rent for each applicable Level Five Expansion Space shall be equal to the total number of square feet of Net Rentable Area in the applicable Level Five Expansion Space multiplied by the greater of: (a) the annual Base Rent per
square foot applicable to the Suite 400 Expansion Space then in effect, or (b) the “Market Rent” as hereinafter defined. “Market Rent” means the then-existing annual Base Rent per square foot for comparable space in the
Building. Thereafter, annual Base Rent for each applicable Level Five Expansion Space shall increase at the rate of 75 cents ($.75) per square foot of Net Rentable Area beginning on June 1 of each year. 

  
 3 

 (iv)    Construction Allowance. Lessor will
provide Lessee a Construction Allowance to refurbish each applicable Level Five Expansion Space to Lessee’s specifications in accordance with the provisions of a Leasehold Improvements Agreement to be executed by the parties substantially in
the form set forth as Exhibit D-4 attached hereto; provided, however, the amount of the Construction Allowance for each applicable Level Five Expansion Space shall be an amount equal to the following
computation: (a) Ten Dollars ($10) per square foot multiplied by the number of square feet of Rentable Floor Area in the applicable Level Five Expansion Space, the product of which is then multiplied by (b) a fraction equal to (x) the
number of months included in the Term of the applicable Level Five Expansion Space, divided by (y) the number of months included in the Suite 400 Term, (i.e. the actual Suite 400 Commencement Date-May 31,
2026). For example, if the Suite 400 Term commences February 1, 2017, and the applicable Level Five Expansion Space contains 5,000 square feet of Net Rentable Area and the Level Five Expansion Space Term starts on June 1, 2017, the
Construction Allowance would be computed as follows: $50,000 x 108/112=$48,214.29. 

(v)    Amendment. In the event Lessee elects to lease any portion of the Level Five Expansion Space,
Lessor and Lessee shall, within ten (10) business days after Lessee’s delivery of the applicable Level Five Expansion Space Election execute an amendment to the Lease Agreement to reflect the terms and conditions as set forth in the
applicable Level Five Expansion Space Notice. 
  

	9.	 RATIFICATION. Except as amended by this Lease Amendment # 19, Lessor and Lessee do hereby ratify
and affirm all of the terms, conditions and covenants of the Lease Agreement, as amended herein. 

 Witness the execution of this Lease
Amendment #19 as of the Effective Date. 
  

									
	LESSOR	 	 	 	LESSEE
			
	FASKEN MIDLAND, LLC	 		 	DIAMONDBACK E & P LLC
	By:	 	 Haley-NWC Property

Management Co., LLC
 Its Authorized Agent
	 		 	
					
	By:	 	 /s/ Wendell L. Brown, Jr.
	 		 	By:	 	 /s/ Travis D. Stice

	Name:	 	 Wendell L. Brown, Jr.
	 		 	Name:	 	 Travis D. Stice

	Title:	 	 Vice President
	 		 	Title:	 	 President and CEO

  
 4 

 EXHIBIT B-9 

Floor Plans for Suite 400 Expansion Space 

(See Attached) 

  
 Exhibit B-9 

 

 

 EXHIBIT D-4 

LEASEHOLD IMPROVEMENTS AGREEMENT 

(Suite 400 Expansion Space) 

1.    Following the delivery of possession of the Suite 400 Expansion Space to Lessee, Lessee shall have the right to refurbish the Suite
400 Expansion Space to Lessee’s specifications (the “Lessee Improvements”), but only in accordance with the provisions of this Leasehold Improvements Agreement. Lessee and its contractors shall not have the right to perform
Lessee Improvements in the Suite 400 Expansion Space unless and until Lessee has written approval by Lessor of (a) the final plans for the Lessee Improvements, (b) the contractors to be retained by Lessee to perform such Lessee
Improvements, and (c) the insurance coverage obtained by Lessee and its contractors in connection with the Lessee Improvements. Lessee shall be responsible for all elements of the plans for the Lessee Improvements (including, without
limitation, compliance with law, functionality of design, the structural integrity of the design, the configuration of the Suite 400 Expansion Space and the placement of Lessee’s furniture, appliances and equipment), and Lessor’s approval
of such plans shall in no event relieve Lessee of the responsibility therefor. Lessor’s approval of the contractors to perform the Lessee Improvements shall not be unreasonably withheld. Lessor’s approval of the general contractor to
perform the Lessee Improvements shall not be considered to be unreasonably withheld if any such general contractor (a) does not have trade references reasonably acceptable to Lessor, (b) does not maintain insurance as required by Lessor,
(c) does not have the ability to be bonded for the work in an amount satisfactory to Lessor, (d) does not provide current financial statements reasonably acceptable to Lessor, or (e) is not licensed as a contractor in the state and
municipality in which the Leased Premises are located. Lessee acknowledges the foregoing is not intended to be an exclusive list of the reasons why Lessor may reasonably withhold its consent to a general contractor. 

2.    Promptly after obtaining Lessor’s approval of the plans for the Lessee Improvements and before commencing construction of the
Lessee Improvements, Lessee shall deliver to Lessor a reasonably detailed estimate of the cost of the Lessee Improvements. If the cost of the Lessee Improvements exceeds the Construction Allowance (hereinafter defined), Lessee shall be solely
responsible for the difference. Lessee shall pay to Lessor, within ten (10) days after Lessor’s written demand, a construction fee equal to five percent (5%) of the cost of the Lessee Improvements to compensate Lessor for reviewing the
plans for the Lessee Improvements and for costs incurred by Lessor in facilitating completion of the Lessee Improvements. Lessor reserves the right to deduct such fee from the Construction Allowance. 

3.    Provided Lessee is not in default at the time of any request for payment, Lessor agrees to contribute up to One Hundred Forty Seven
Thousand Six Hundred and 00/100 Dollars ($147,600.00) (the “Construction Allowance”) toward the cost of performing the Lessee Improvements. The Construction Allowance may only be used for hard costs in connection with the Lessee
Improvements. The Construction Allowance shall be paid to Lessee or, at Lessor’s option, to the order of the general contractor that performed the Lessee Improvements, within thirty (30) days following receipt by Lessor of the following
documentation (a) receipted bills covering all labor and materials expended and used in the Lessee Improvements; and (b) full and 

  
 Exhibit D-4 

 
final waivers of lien. The Construction Allowance shall be disbursed in the amount reflected on the receipted bills meeting the requirements above. Notwithstanding anything herein to the
contrary, Lessor shall not be obligated to disburse any portion of the Construction Allowance during the continuance of an uncured default under the Lease, and Lessor’s obligation to disburse shall only resume when and if such default is cured.
In no event shall the Construction Allowance be used for the purchase of equipment, furniture or other items of personal property of Lessee. In the event Lessee does not submit to Lessor a written request for payment of the entire Construction
Allowance (together with all of the documents and certificates required for such payment) within twelve (12) months after the Suite 400 Commencement Date, any portion of the Construction Allowance not disbursed to Lessee shall accrue to the
sole benefit of Lessor, it being understood that Lessee shall not be entitled to any credit, abatement or other concession in connection therewith. In the event of Lessee’s default at the time of any request for payment of the Construction
Allowance, Lessor may withhold payment until Lessee’s cure of the default. 
 4.    Lessee shall be responsible for all applicable
state sales or use taxes, if any, payable in connection with the Lessee Improvements and/or Construction Allowance. 
 5.    In
performing construction of Lessee Improvements, Lessee shall, with regard to the construction of Lessee Improvements, be bound by each and every term of the Lease Agreement. Without in any way limiting the foregoing provisions of this Paragraph 5,
the following provisions shall be applicable to Lessee’s obligation to construct Lessee Improvements: 
  

	 	(a)	 Lessee shall cause the Lessee Improvements to be constructed in accordance with the approved plans and all
applicable laws, rules, regulations, ordinances and restrictive covenants and otherwise in a good and workmanlike manner. 

  

	 	(b)	 Lessee and each of Lessee’s contractors shall comply with all rules and regulations for the Buildings.

  

	 	(c)	 Prior to commencement of construction of Lessee Improvements, Lessee shall submit to Lessor a list setting
forth the name of each of Lessee’s contractors and the work that will be performed by each such contractor. Any approval by Lessor of any of Lessee’s contractors shall not in any way be construed as or constitute a representation by or
warranty of Lessor as to the abilities of the contractor. 

  

	 	(d)	 Lessee shall cause each of Lessee’s contractors to deliver Lessor sufficient evidence (which shall
include, without limitation, certificates of insurance naming Lessor and Manager as additional insureds) that such contractor is covered under such workmen’s compensation, (or statutorily permitted waiver thereof), commercial general liability
and property damage insurance as Lessor may reasonably request for its protection. All such evidence of insurance must be submitted to and approved by Lessor prior to commencement of construction of Lessee Improvements. 

  
 Exhibit D-4 

	 	(e)	 Prior to the execution of the construction contract for the construction of Lessee Improvements, Lessee shall
submit the proposed form thereof to Lessor for Lessor’s review and acceptance. Such contract shall, without in any way limiting Lessor’s right to approve the form of such contract, (i) require the contractor to waive all contractual,
statutory and constitutional liens against the Leased Premises, the Buildings and the Property as a condition to receipt of any payments thereunder, (ii) require the contractor to conform to the Building Rules and Agreed Regulations and any
Building rules applicable to contractors performing work in the Buildings, (iii) require the contractor to deliver the certificates of insurance (and such other evidence of insurance as is required by Lessor) referred to above,
(iv) recognize that Lessor is a third party beneficiary with respect to all warranties (implied or expressed) under the contract or otherwise applicable to Lessee Improvements at law or in equity, and as a third party beneficiary, Lessor shall
have the absolute right (but not the obligation) to enforce each and every such warranty, and (v) require the contractor to work in harmony and cooperate with each other contractor performing work in the Suite 400 Expansion Space.

  

	 	(f)	 Prior to commencement of construction of Lessee Improvements (including, without limitation, demolition of any
existing improvements to allow for the construction of Lessee Improvements), the final plans will, if required by applicable laws, be approved by the appropriate governmental agency and all notices required to be given to any governmental agency
shall have been given in a timely manner. In addition to obtaining all required approvals and permits, the final plans for any portion of the Lessee Improvements which may affect the structural integrity of the Buildings, must be stamped by a
structural engineer approved by Lessor, and such final plans must contain a certification that such alterations will not adversely affect the structural integrity of the Buildings. 

 

	 	(g)	 All materials used in the construction of Lessee Improvements shall be new and first-class quality (other than
materials located in the Suite 400 Expansion Space as of the Effective Date of Lease Amendment # 19). All doors, light fixtures, ceiling tiles and other improvements in the Suite 400 Expansion Space having building standard specifications shall
comply with such specifications. 

  

	 	(h)	 Lessee shall maintain the Suite 400 Expansion Space and the surrounding areas in a clean and orderly condition
during construction. Lessee will cause Lessee’s contractors to promptly remove from the Buildings, by use of their own trash containers, all rubbish, dirt, debris and flammable waste, as well as all unused construction materials, equipment,
shipping containers and packaging generated by Lessee Improvements; neither Lessee nor Lessee’s contractors shall be permitted to deposit any such materials in Lessor’s trash containers or elsewhere in the Buildings storage of construction
materials, tools, equipment and debris shall be confined within the Suite 400 Expansion Space. 

  
 Exhibit D-4 

	 	(i)	 Lessor shall not be liable for any injury, loss or damage to any of Lessee Improvements or other installations.

  

	 	(j)	 Lessee shall indemnify and hold harmless Lessor from and against any and all costs, expenses, claims,
liabilities and causes of action arising out of or in connection with work performed by or on behalf of Lessee or Lessee’s contractors. 

  

	 	(k)	 Notwithstanding the fact that Lessor shall be a third party beneficiary of any and all warranties under the
contract for construction of Lessee Improvements and any and all warranties applicable to Lessee Improvements at law or in equity, Lessor shall in no way be responsible for the function and/or maintenance of Lessee Improvements.

  

	 	(1)	 Lessee’s general contractor shall obtain a payment and performance bond reasonably acceptable to Lessor
covering the construction of Lessee Improvements. 

 6.    Lessee accepts the Leased Premises in its “AS-IS” condition and configuration, without representation or warranty by Lessor or anyone acting on Lessor’s behalf, it being agreed that Lessor shall not be required to perform any work or incur
any costs in connection with the construction or demolition of any improvements in the Suite 400 Expansion Space, except as provided above with respect to payment of the Construction Allowance. 

7.    This Leasehold Improvements Agreement shall not be applicable to any additional space added to the Leased Premises at any time after
the Effective Date of Lease Amendment # 19, whether by any options under the Lease Agreement or otherwise, or to any portion of the Leased Premises or any additions to the Leased Premises in the event of a renewal or extension of the Term,
whether by any options under the Lease Agreement or otherwise, unless expressly so provided in the Lease Agreement or any amendment or supplement to the Lease Amendment #19. All capitalized terms used in this Leasehold Improvements Agreement but not
defined herein shall have the same meanings ascribed to such terms in the Lease Agreement. 

  
 Exhibit D-4EX-10.35

 Exhibit 10.35 

LEASE AMENDMENT # 20 

DIAMONDBACK E & P LLC 

(Suite 1445) 
 FASKEN
MIDLAND LLC (hereinafter called “Lessor”) and DIAMONDBACK E & P LLC, successor to Windsor Permian, LLC (hereinafter called “Lessee”), effective as of January 16, 2017 (the “Effective
Date”), do hereby amend that certain Lease Agreement dated April 19, 2011, as amended by Lease Amendment #1 dated June 6, 2011, Lease Amendment #2 dated August 5, 2011 (surrendered September 30, 2012), Lease Amendment #3
dated September 28, 2011, Lease Amendment #4 dated February 6, 2012, Lease Amendment #5 dated July 25, 2012, Lease Amendment #6 dated December 18, 2012, Lease Amendment #7 dated June 14, 2013, Lease Amendment #8 dated
June 14, 2013, Lease Amendment #9 dated September 3, 2013, Lease Amendment #10 dated September 26, 2013, Lease Amendment #11 dated September 26, 2014, Lease Amendment #12 dated October 23, 2014, Lease Amendment #13 dated
October 30, 2014, Lease Amendment #14 dated November 10, 2014, Lease Amendment #15 dated November 10, 2014, Lease Amendment #16 dated April 1, 2015, Lease Amendment #17 dated June 1, 2015, Lease Amendment #18 dated
January 16, 2017 and Lease Amendment #19 dated January 16, 2017 (collectively, the “Lease Agreement”), covering a total of approximately 55,711 square feet of Net Rentable Area located on Levels Four (4), Twelve (12),
Thirteen (13), and Fourteen (14) (the “Leased Premises”) of One Fasken Center located at 500 West Texas Avenue, Midland, Texas 79701 (“One Fasken Center”), being a part of the property consisting of 550 and 500
West Texas Avenue, Midland Texas 79701 (the “Buildings”), under the following terms and conditions (the “Lease Amendment # 20”): 
  

	1.	 LEASED PREMISES. Commencing on the Suite 1445 Commencement Date (as defined in Section 2
below), Section 1.5 “Leased Premises” of the Lease Agreement shall be amended to add approximately 729 square feet of Net Rentable Area located on Level Fourteen (14) of One Fasken Center as more fully diagramed on the
floor plans attached hereto and made a part hereof as Exhibit “B-10” (the “Suite 1445 Expansion Space”). Accordingly, as of the Suite 1445 Commencement Date, the term
“Leased Premises” shall hereinafter mean and include the Suite 1445 Expansion Space. The Leased Premises, with the Suite 1445 Expansion Space, will then consist of a total of approximately 56,440 square feet of Net Rentable Area, which
represents 13.39% of the total Net Rentable Area of the Buildings (“Lessee’s Ratable Share”), such total Net Rentable Area of the Buildings being 421,546 square feet. Lessee’s Ratable Share may be adjusted during the Lease
Term to reflect any increases or decreases in the Total Net Rentable Area of the Buildings. Lessor and Lessee acknowledge and agree that the aforesaid description of the size and square footage of the Leased Premises and the Buildings are an
approximation, which the parties agree is reasonable and payments made thereupon are not subject to dispute. 

  

	2.	 LEASE TERM. The Lease Term for the Suite 1445 Expansion Space shall be for a period commencing on
August 1, 2017, subject to the provisions of Section 3 below (the “Suite 1445 Commencement Date”), and expiring on May 31, 2026. 

	3.	 SUBJECT TO VACATING. Lessor’s obligation to tender possession of the Suite 1445 Expansion
Space hereunder is subject to the current tenant, Leslie G. McLaughlin, vacating and delivering the Suite 1445 Expansion Space. 

  

	4.	 BASE YEAR. The Base Year for Operating Expenses and Tax Expenses for the Suite 1445 Expansion
Space is calendar year 2017. 

  

	5.	 BASE RENT. The Base Rent for the Suite 1445 Expansion Space is as follows: 

 

									
	PERIOD	  	ANNUAL RATE
PER SQ. FT.	 	  	MONTHLY
BASE RENT	 
	 8/1/2017 – 5/31/2018
	  	$	26.75	 	  	$	1,625.06	 
	 6/1/2018 – 5/31/2019
	  	$	27.50	 	  	$	1,670.63	 
	 6/1/2019 – 5/31/2020
	  	$	28.25	 	  	$	1,716.19	 
	 6/1/2020 – 5/31/2021
	  	$	29.00	 	  	$	1,761.75	 
	 6/1/2021 – 5/31/2022
	  	$	29.75	 	  	$	1,807.31	 
	 6/1/2022 – 5/31/2023
	  	$	30.50	 	  	$	1,852.88	 
	 6/1/2023 – 5/31/2024
	  	$	31.25	 	  	$	1,898.44	 
	 6/1/2024 – 5/31/2025
	  	$	32.00	 	  	$	1,944.00	 
	 6/1/2025 – 5/31/2026
	  	$	32.75	 	  	$	1,989.56	 

 All monthly Base Rent for the Suite 1445 Expansion Space shall be paid to Lessor in advance and without
demand, counterclaim or offset, on or before the first (1st) day of each calendar month. 
  

	6.	 LESSEE IMPROVEMENTS. Lessee accepts the Suite 1445 Expansion Space on an “AS IS” basis,
without any obligation of Lessor to construct any improvements in the Suite 1445 Expansion Space; however, Lessor will provide Lessee a Construction Allowance in the amount of Seven Thousand Two Hundred Ninety and 00/100 Dollars ($7,290.00) to
refurbish the Suite 1445 Expansion Space to Lessee’s specifications in accordance with the provisions of the Leasehold Improvements Agreement, which is attached hereto as Exhibit “D-5”
and incorporated herein. 

  

	7.	 PARKING. No parking spaces are provided pursuant to this Lease Amendment #20.

  

	8.	 RATIFICATION. Except as amended by this Lease Amendment # 20, Lessor and Lessee do hereby ratify
and affirm all of the terms, conditions and covenants of the Lease Agreement, as amended herein. 

  
 2 

 Witness the execution of this Lease Amendment # 20 as of the Effective Date. 

 

									
	 LESSOR
	 		 	LESSEE
			
	FASKEN MIDLAND, LLC	 		 	DIAMONDBACK E & P LLC
	 By:
	 	 Haley-NWC Property

Management Co., LLC
 Its Authorized Agent
	 		 		 	
					
	 By:
	 	 /s/ Wendell L. Brown
	 		 	By:	 	 /s/ Travis D. Stice

	 Name:
	 	 Wendell L. Brown
	 		 	Name:	 	 Travis D. Stice

	 Title:
	 	 Vice President
	 		 	Title:	 	 President and CEO

  
 3 

 EXHIBIT B-10 

Floor Plans for Suite 1445 Expansion Space 

(See Attached) 

  
 Exhibit B-10 

 

 

 EXHIBIT D-5 

LEASEHOLD IMPROVEMENTS AGREEMENT 

(Suite 1445 Expansion Space) 

1.    Following the delivery of possession of the Suite 1445 Expansion Space to Lessee, Lessee shall have the right to refurbish the Suite
1445 Expansion Space to Lessee’s specifications (the “Lessee Improvements”), but only in accordance with the provisions of this Leasehold Improvements Agreement. Lessee and its contractors shall not have the right to perform
Lessee Improvements in the Suite 1445 Expansion Space unless and until Lessee has written approval by Lessor of (a) the final plans for the Lessee Improvements, (b) the contractors to be retained by Lessee to perform such Lessee
Improvements, and (c) the insurance coverage obtained by Lessee and its contractors in connection with the Lessee Improvements. Lessee shall be responsible for all elements of the plans for the Lessee Improvements (including, without
limitation, compliance with law, functionality of design, the structural integrity of the design, the configuration of the Suite 1445 Expansion Space and the placement of Lessee’s furniture, appliances and equipment), and Lessor’s approval
of such plans shall in no event relieve Lessee of the responsibility therefor. Lessor’s approval of the contractors to perform the Lessee Improvements shall not be unreasonably withheld. Lessor’s approval of the general contractor to
perform the Lessee Improvements shall not be considered to be unreasonably withheld if any such general contractor (i) does not have trade references reasonably acceptable to Lessor, (ii) does not maintain insurance as required by Lessor,
(iii) does not have the ability to be bonded for the work in an amount satisfactory to Lessor, (iv) does not provide current financial statements reasonably acceptable to Lessor, or (v) is not licensed as a contractor in the state and
municipality in which the Leased Premises are located. Lessee acknowledges the foregoing is not intended to be an exclusive list of the reasons why Lessor may reasonably withhold its consent to a general contractor. 

2.    Promptly after obtaining Lessor’s approval of the plans for the Lessee Improvements and before commencing construction of the
Lessee Improvements, Lessee shall deliver to Lessor a reasonably detailed estimate of the cost of the Lessee Improvements. If the cost of the Lessee Improvements exceeds the Construction Allowance (hereinafter defined), Lessee shall be solely
responsible for the difference. Lessee shall pay to Lessor, within ten (10) days after Lessor’s written demand, a construction fee equal to five percent (5%) of the cost of the Lessee Improvements to compensate Lessor for reviewing the
plans for the Lessee Improvements and for costs incurred by Lessor in facilitating completion of the Lessee Improvements. Lessor reserves the right to deduct such fee from the Construction Allowance. 

3.    Provided Lessee is not in default at the time of any request for payment, Lessor agrees to contribute up Seven Thousand Two Hundred
Ninety and 00/100 Dollars ($7,290.00) (the “Construction Allowance”) toward the cost of performing the Lessee Improvements. The Construction Allowance may only be used for hard costs in connection with the Lessee Improvements. The
Construction Allowance shall be paid to Lessee or, at Lessor’s option, to the order of the general contractor that performed the Lessee Improvements, within thirty (30) days following receipt by Lessor of the following documentation
(1) receipted bills covering all labor and materials expended and used in the Lessee Improvements; and (2) full and final waivers of 

  
 Exhibit D-5 

 
lien. The Construction Allowance shall be disbursed in the amount reflected on the receipted bills meeting the requirements above. Notwithstanding anything herein to the contrary, Lessor shall
not be obligated to disburse any portion of the Construction Allowance during the continuance of an uncured default under the Lease, and Lessor’s obligation to disburse shall only resume when and if such default is cured. In no event shall the
Construction Allowance be used for the purchase of equipment, furniture or other items of personal property of Lessee. In the event Lessee does not submit to Lessor a written request for payment of the entire Construction Allowance (together with
all of the documents and certificates required for such payment) within six (6) months after the Suite 1445 Commencement Date, any portion of the Construction Allowance not disbursed to Lessee shall accrue to the sole benefit of Lessor, it
being understood that Lessee shall not be entitled to any credit, abatement or other concession in connection therewith. In the event of Lessee’s default at the time of any request for payment of the Construction Allowance, Lessor may withhold
payment until Lessee’s cure of the default. 
 4.    Lessee shall be responsible for all applicable state sales or use taxes, if
any, payable in connection with the Lessee Improvements and/or Construction Allowance. 
 5.    In performing construction of Lessee
Improvements, Lessee shall, with regard to the construction of Lessee Improvements, be bound by each and every term of the Lease Agreement. Without in any way limiting the foregoing provisions of this Paragraph 5, the following provisions shall be
applicable to Lessee’s obligation to construct Lessee Improvements: 
  

	 	(a)	 Lessee shall cause the Lessee Improvements to be constructed in accordance with the approved plans and all
applicable laws, rules, regulations, ordinances and restrictive covenants and otherwise in a good and workmanlike manner. 

  

	 	(b)	 Lessee and each of Lessee’s contractors shall comply with all rules and regulations for the Buildings.

  

	 	(c)	 Prior to commencement of construction of Lessee Improvements, Lessee shall submit to Lessor a list setting
forth the name of each of Lessee’s contractors and the work that will be performed by each such contractor. Any approval by Lessor of any of Lessee’s contractors shall not in any way be construed as or constitute a representation by or
warranty of Lessor as to the abilities of the contractor. 

  

	 	(d)	 Lessee shall cause each of Lessee’s contractors to deliver Lessor sufficient evidence (which shall
include, without limitation, certificates of insurance naming Lessor and Manager as additional insureds) that such contractor is covered under such workmen’s compensation, (or statutorily permitted waiver thereof), commercial general liability
and property damage insurance as Lessor may reasonably request for its protection. All such evidence of insurance must be submitted to and approved by Lessor prior to commencement of construction of Lessee Improvements. 

  
 Exhibit D-5 

	 	(e)	 Prior to the execution of the construction contract for the construction of Lessee Improvements, Lessee shall
submit the proposed form thereof to Lessor for Lessor’s review and acceptance. Such contract shall, without in any way limiting Lessor’s right to approve the form of such contract, (i) require the contractor to waive all contractual,
statutory and constitutional liens against the Leased Premises, the Buildings and the Property as a condition to receipt of any payments thereunder, (ii) require the contractor to conform to the Building Rules and Agreed Regulations and any
Building rules applicable to contractors performing work in the Buildings, (iii) require the contractor to deliver the certificates of insurance (and such other evidence of insurance as is required by Lessor) referred to above, (iv)recognize
that Lessor is a third party beneficiary with respect to all warranties (implied or expressed) under the contract or otherwise applicable to Lessee Improvements at law or in equity, and as a third party beneficiary, Lessor shall have the absolute
right (but not the obligation) to enforce each and every such warranty, and (v) require the contractor to work in harmony and cooperate with each other contractor performing work in the Suite 1445 Expansion Space. 

 

	 	(f)	 Prior to commencement of construction of Lessee Improvements (including, without limitation, demolition of any
existing improvements to allow for the construction of Lessee Improvements), the final plans will, if required by applicable laws, be approved by the appropriate governmental agency and all notices required to be given to any governmental agency
shall have been given in a timely manner. In addition to obtaining all required approvals and permits, the final plans for any portion of the Lessee Improvements which may affect the structural integrity of the Buildings, must be stamped by a
structural engineer approved by Lessor, and such final plans must contain a certification that such alterations will not adversely affect the structural integrity of the Buildings. 

 

	 	(g)	 All materials used in the construction of Lessee Improvements shall be new and first-class quality (other than
materials located in the Suite 1445 Expansion Space as of the Effective Date of Lease Amendment # 20). All doors, light fixtures, ceiling tiles and other improvements in the Suite 1445 Expansion Space having building standard specifications shall
comply with such specifications. 

  

	 	(h)	 Lessee shall maintain the Suite 1445 Expansion Space and the surrounding areas in a clean and orderly condition
during construction. Lessee will cause Lessee’s contractors to promptly remove from the Buildings, by use of their own trash containers, all rubbish, dirt, debris and flammable waste, as well as all unused construction materials, equipment,
shipping containers and packaging generated by Lessee Improvements, neither Lessee nor Lessee’s contractors shall be permitted to deposit any such materials in Lessor’s trash containers or elsewhere in the Buildings storage of construction
materials, tools, equipment and debris shall be confined within the Suite 1445 Expansion Space. 

  
 Exhibit D-5 

	 	(i)	 Lessor shall not be liable for any injury, loss or damage to any of Lessee Improvements or other installations.

  

	 	(j)	 Lessee shall indemnify and hold harmless Lessor from and against any and all costs, expenses, claims,
liabilities and causes of action arising out of or in connection with work performed by or on behalf of Lessee or Lessee’s contractors. 

  

	 	(k)	 Notwithstanding the fact that Lessor shall be a third party beneficiary of any and all warranties under the
contract for construction of Lessee Improvements and any and all warranties applicable to Lessee Improvements at law or in equity, Lessor shall in no way be responsible for the function and/or maintenance of Lessee Improvements.

  

	 	(l)	 Lessee’s general contractor shall obtain a payment and performance bond reasonably acceptable to Lessor
covering the construction of Lessee Improvements. 

 6.    Lessee accepts the Leased Premises in its “AS-IS” condition and configuration, without representation or warranty by Lessor or anyone acting on Lessor’s behalf, it being agreed that Lessor shall not be required to perform any work or incur
any costs in connection with the construction or demolition of any improvements in the Suite 1445 Expansion Space, except as provided above with respect to payment of the Construction Allowance. 

7.    This Leasehold Improvements Agreement shall not be applicable to any additional space added to the Leased Premises at any time after
the Effective Date of Lease Amendment #20, whether by any options under the Lease Agreement or otherwise, or to any portion of the Leased Premises or any additions to the Leased Premises in the event of a renewal or extension of the Term, whether by
any options under the Lease Agreement or otherwise, unless expressly so provided in the Lease Agreement or any amendment or supplement to the Lease Amendment # 20. All capitalized terms used in this Leasehold Improvements Agreement but not
defined herein shall have the same meanings ascribed to such terms in the Lease Agreement. 

  
 Exhibit D-5

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00291-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00291-of-00352.parquet"}]]