Document:

EXHIBIT 10.5

 Exhibit 10.5 
  
 TRIZEC HAHN CORPORATION 
 AS AGENT FOR 
 TELCOM PROPERTIES LTD. 
  
 LEARNING TREE INTERNATIONAL INC. 
  
 STANDARD OFFICE LEASE 
 160 ELGIN STREET, 
 23rd floor 
 OTTAWA 
 PROVINCE OF ONTARIO 

 AGREEMENT OF NET LEASE FOR OFFICE PREMISES made on the 12th day of APRIL 1999. 
  

			
	BETWEEN:	    	TRIZEC HAHN CORPORATION, as agent for Telcom Properties Ltd. (the “Landlord”), a corporation duly incorporated under the laws of Canada, and having a place of business
at 181 Bay Street, Suite 3900, in the City of Toronto, Province of Ontario,
		
	AND:	    	LEARNING TREE INTERNATIONAL INC. (the “Tenant”), a company duly incorporated under the Laws of Canada, having its head office at 110-1223 Michael Street North,
Gloucester, Ontario, K1J 7T2.

  
 In consideration of the rents and
agreements hereinafter contained, the parties agree to lease the Premises on the following terms: 
  

			
	 ARTICLE 1: SUMMARY PROVISIONS

	  	LEASE
SECTIONS

	1.1 Premises: That certain office space currently identified as “Suite 2300” in the building known as “ 160 Elgin “, located in the City of Ottawa, Province of
Ontario, containing approximately Nineteen thousand seven hundred and thirty-nine (19,739) square feet of Gross Rentable Area. The Premises are shown in that approximate location cross-hatched on Schedule ”A”.	  	3.1
		
	1.2 Term: Ten (10) years, (with an option to renew for an additional five year period,)	  	3.1
17.6
		
	 1.3 Commencement Date: The first (1st) of July 1999.
  
 1.3.1 Fixturing Period (From the signing of this Lease to the 30th of June
1999).
	  	17.2
		
	1.4 Expiration Date: 30th of June 2009.	  	 
		
	 1.5 Minimum Rent: For the period commencing July 1st, 1999 up to and including June 30, 2004, an annual Minimum Rent of Two hundred seventy-six thousand, Three hundred and Forty-six dollars and four cents ($276,346.08), calculated at a net annual
rate of Fourteen Dollars ($14.00) per square foot of Gross Rentable Area, payable in Canadian money on the first day of each month, in equal, consecutive, monthly instalments of Twenty-Three Thousand Twenty-Eight Dollars and Eighty-Four Cents
($23,028.84) each;
  
 For the period commencing on the July 1st, 2004 up to and including June 30, 2009, an annual Minimum Rent of Three Hundred Thirty-Five Thousand, Five Hundred and
Sixty-Nine dollars and Eight Cents ($335,563.08), calculated at a net annual rate of Seventeen Dollars ($17.00) per square foot of Gross Rentable
	  	4.1

  

 160 Elgin/Office/Learning 
 06-02-07 

			
	Area, payable in Canadian money on the first day of each month, in equal, consecutive, monthly instalments of Twenty-Seven Thousand, Nine Hundred Sixty-Three dollars and Fifty-Nine Cents
($27,963.59) each;	  	 
		
	 1.5.1 Free Rent
  
 Provided Tenant is not in default of its obligations under this Lease, Tenant shall be excused from the payment of Minimum Rent and Additional Rents
for the first month of the Term of the Lease (that is for the month of July 1999, immediately following the Fixturing Period), but shall be bound by all the other terms of the Lease.
  
 The foregoing right to Free Rent granted under this Article shall be deemed to be a personal right of Tenant and shall
not be assignable or transferable by Tenant nor shall it pass to or devolve upon any assignee or transferee of this Lease or of the rights granted thereby or subtenant of the whole or a portion of the Premises.
	  	 
		
	1.6 Proportionate Share of Operating Expenses 2.019%, subject to any adjustment provided for in the Lease. For purpose of information and without representation or guarantee, the
estimated annual rate for Operating Expenses for the 1999 year is $7.55 per square foot of the Gross Rentable Area.	  	4.1, 6.1
		
	1.7 Proportionate Share of Taxes: 2.019% subject to any adjustment provided for in the Lease. For purpose of information and without representation or guarantee, the estimated annual rate
for the Taxes for the 1999 year is $6.13 per square foot of the Gross Rentable Area.	  	4.1, 5.2
		
	1.8 Charge for Utilities: The charge for utilities is included in the Operating Expenses charged to Tenant.	  	4.1, 6.2
		
	1.9 Authorized Use: general office use or training facility or both, subject to Bell Canada’s and Andersen Consulting’s exclusivities set forth in Schedule “I”.
Notwithstanding the above, the delivery of the telecom training by instructors or computer based training would be an authorized use. As well the complimentary offering of continental breakfast in the morning, and afternoon snack, afternoon wine and
cheese and unlimited beverages during the day for staff and clientèle would be an authorized use, and no other use.	  	8.1
Schedule “C”
Schedule “I” and
Section 2
		
	 1.10 Addresses for Notices:
  
 to Landlord:            Trizec Hahn Corporation
                                 4, Place Ville Marie, Suite 600
                                 Montreal, Quebec H3B 2E7
                                 Attention: Director of Legal services

 
 to Tenant:
              at the address of the Premises
	  	16.12

  

 1 

			
	1.11 Broker: NOT APPLICABLE.	  	16.15
		
	1.12 Security Deposit: NOT APPLICABLE	  	 
		
	1.13 Surety: NOT APPLICABLE	  	Schedule “C” -
Section 36 and
Schedule
“H”
		
	 1.14 Special conditions:
  
 17.1     Condition of the Premises
 17.2
    Fixturing Period
 17.3     Landlord’s Base Building Work
 17.4     Tenant’s Improvements
 17.5
    Landlord’s Contribution towards Tenant’s Improvements
 17.6     Option to Renew

17.7     Right of First Refusal
 17.8
    Parking
 17.9     Separate listing in the Directory
 17.10   Year 2000- Clause
 17.11   Generator
Usage
 17.12   Landlord’s Repairs
 17.13   HVAC Hours and Tariffs
 17.14   Exclusivity
 17.15   Non Disturbance Agreement
 17.16   Option to lease Storage Space
	  	Art. 17
	
	 The provisions of this Article 1 summarize certain terms of the Lease which are more fully described in the balance of the Lease and form an
integral part of the Lease. In the event of a conflict or inconsistency between the provisions of Article 1 and the balance of the Lease, the provisions of the balance of the Lease shall prevail. Capitalized terms shall have the meanings set
forth in Schedule “C” or otherwise defined in the body of the Lease.

  
 ARTICLE 2: INTENT
AND INTERPRETATION 
  
 2.1 Net
Lease 
  
 This Lease is intended by the parties to be an
absolutely net lease to Landlord, except as otherwise expressly provided herein. Any amount or obligation relating to the Tenant’s occupancy of the Premises and which is not expressly declared herein to be an obligation of the Landlord shall be
deemed to be an obligation of the Tenant to be performed or paid by the Tenant. 
  
 2.2 Reasonableness 
  
 Landlord and Tenant shall act reasonably in the performance of their obligations and the exercise of their rights (including the giving of a Notice,
consent or approval) pursuant to the Lease, unless a right is stated herein to be exercisable at the sole discretion of a party. The strict enforcement of time limits provided for in the Lease shall be considered to be acting reasonably. 

 

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 2.3 Entire Agreement 
  
 This Lease is the entire agreement between Landlord and Tenant. Landlord and
Tenant further acknowledge that the execution of this Lease shall constitute a conclusive presumption that all agreements and representations, written or verbal, previously entered into or made by the parties or their agents shall be solely those
set forth in the Lease and may be amended only by an agreement in writing signed by both Landlord and Tenant. Landlord shall prepare any amendment of the Lease as aforesaid. 
  
 ARTICLE 3: LEASE OF PREMISES 
  
 3.1 Lease of Premises 
  
 Tenant shall lease the Premises for the Term. 
  
 3.2 Measurement of Premises and Rent Adjustment 
  
 Landlord may at any time during the Term calculate the GRA in accordance
with its measurement of the Premises based on BOMA (ANSI Z65.1-1980) standards of measurement, the gross up factor being Nineteen Thousand Seven Hundred and Fifty (19,750) sq. ft. estimated at eight point one six percent (8.16%) but in any
event the Gross Rentable Area is not to exceed Twenty Thousand (20,000) square feet. 
  
 Where the GRA as certified by Landlord or the Expert (in this case, the Expert being a surveyor or an architect) is different from the GRA set forth in Section 1.1, such certificate of GRA shall be conclusively
binding on the parties and the Rent shall be adjusted accordingly as and from the later of the Commencement Date, and the date that is one year before the date of the certification. 
  
 3.3 Common Areas 
  
 Tenant shall have the right to use the Common Areas in common with the others entitled thereto, for: 
  

	 	(a)	the purposes for which they are intended; and 

  

	 	(b)	during such hours as they may be available, as determined by Landlord. 

  
 This right shall not be transferable except to a permitted subtenant, assignee or user pursuant to Article 13 of the Lease. 
  
 3.4 Condition of Premises 
  
 When Tenant takes actual possession of the Premises, it is conclusively
presumed as of such date that the Premises are in good condition in all respects, except for any latent defects. 
  
 3.5 Relocation of Premises 
  
 Landlord shall be entitled at any time to change the location of the Premises in the Building if the new location contains approximately the same rentable
area as the Premises. Configuration of Tenant’s Premises shall not be materially different than current configuration. 
  
 If the relocation occurs during the Term: 
  

	 	(a)	Landlord shall give Tenant prior Notice of not less than three (3) months; 

  

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	 	(b)	Landlord shall pay for the refixturing of the new premises to the standard of the Premises existing before the relocation, Tenant hereby agreeing to cooperate with Landlord in any
such refixturing; 

  

	 	(c)	Landlord shall pay for Tenant’s reasonable costs of moving including without limitation, of changing its letterhead, of reinstalling its telephones, moving and reinstalling
computers and any other material containing the address; and 

  

	 	(d)	the Minimum Rent shall be the same on a per square foot basis but, in no event shall the total rent be more than the current total rent for the Premises. 

 
 ARTICLE 4: RENT 
  
 4.1 Rent 
  
 Throughout the Term, Tenant shall pay to Landlord the following Rent:

  

	 	(a)	the Minimum Rent; 

  

	 	(b)	the Proportionate Share of Operating Expenses; 

  

	 	(c)	the Proportionate Share of Taxes; 

  

	 	(d)	all other taxes payable to Landlord in accordance with Section 5.4; and 

  

	 	(e)	the aggregate of: 

  

	 	(i)	the charges for utilities in accordance with Section 6.2; 

  

	 	(ii)	the charges for any additional services provided by Landlord at the request of Tenant; and 

  

	 	(iii)	such other costs, charges, amounts and expenses as are required to be paid by Tenant to Landlord under the Lease. 

  
 4.2 General 
  

	 	(a)	Tenant shall pay the Rent to Landlord immediately when due, without Notice or demand, and without deduction, set-off, compensation, or abatement, except as expressly provided in
this Lease, in lawful money of Canada, at the address mentioned in Section 1.10, or such other address or Person as may be designated by Landlord. For greater certainty, Tenant expressly waives and renounces any and all future claims or rights
of set-off or compensation against any Rent; 

  

	 	(b)	Tenant shall pay items of Rent of a recurring nature (including without limitation the Minimum Rent, the Proportionate Share of Operating Expenses, the Proportionate Share of Taxes
and the charges for utilities) in advance on the first day of each month of the Term, subject to the provisions of Sections 4.2 (g), 5.2, 6.1 and 6.2; Tenant shall pay all other items of Rent 15 business days of the delivery of an invoice therefor;

  

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	 	(c)	Tenant shall pay interest at the Prime Rate, applicable at the date of Tenant’s default, plus 2% per annum on all arrears of Rent for the period of time any Rent remains
unpaid; 

  

	 	(d)	Intentionally deleted. 

  

	 	(e)	Intentionally deleted. 

  

	 	(i)	Intentionally deleted. 

  

	 	(ii)	Intentionally deleted. 

  

	 	(f)	Landlord shall determine Operating Expenses and Taxes without duplication in accordance with generally accepted accounting principles and CIPREC and/or GAAP guidelines consistently
applied for the real estate industry and all other tenants of the Building; 

  

	 	(g)	Landlord may estimate items of Additional Rent of a recurring and variable nature and advise Tenant in writing thereof. Tenant shall pay to Landlord the amounts so estimated in
equal consecutive monthly instalments in advance over each Rental Year or a portion thereof; in the case of Taxes, however, Tenant shall pay to Landlord the full amount of such estimate in equal consecutive monthly instalments commencing with the
first month following such estimate and terminating on the tax due date or Specified Date; 

  

	 	(h)	Within 180 days after the expiry of each Rental Year, Landlord shall deliver to Tenant a statement issued by Landlord of the items of Additional Rent of a recurring and variable
nature and of the amounts of the Tenant’s proportionate share thereof for such Rental Year. If Tenant has paid more than such statement specifies, Landlord shall refund the excess (unless Tenant is then in monetary default under any term or
condition of this Lease) without interest by the appropriate party or if Tenant has paid less than such statement specifies, Tenant shall pay the deficiency, any such adjustment amounts to be paid by the appropriate party within 15 business days
after delivery of Landlord’s statement; 

  

	 	(i)	The obligations of the parties to pay any amount of Rent or to adjust pursuant to the preceding sub-paragraph (h) for the final Rental Year shall survive the expiration of the
Term; 

  

	 	(j)	If the Commencement Date is not the first day of a calendar month or if the Expiration Date is not the last day of a calendar month, Rent for the relevant part of the month shall be
prorated on a per diem basis; 

  

	 	(k)	Notwithstanding any contrary provisions of the Lease, if, at any time during a Rental Year, the Building is not one hundred percent (100%) occupied and operational, the
Landlord shall have the right to increase those items of Operating Expenses which vary with the extent of the occupancy or use of the rentable premises in the Building (including without limitation, cleaning costs, supplies, garbage removal, etc.)
to such an amount, as in the reasonable estimation of Landlord, would have been incurred if the Building were one hundred percent (100%) occupied and operational for the entire Rental Year and the amount of such increase shall be included in
the Operating Expenses. In no event however, shall Tenant have to pay an amount higher than it would have paid if the Building had been fully occupied and operational; 

  

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	 	(l)	Landlord shall in its determination of Operating Expenses and Taxes make such allocations and attributions in respect to various components of the Building as may be necessary and
reasonable. 

  
 ARTICLE 5: TAXES

  
 5.1 Landlord’s
Responsibility to Pay Taxes 
  
 Subject to
Section 5.2, Landlord shall pay all Taxes to the competent tax authorities. 
  
 5.2 Tenant’s Proportionate Share of Taxes 
  
 Tenant shall pay to Landlord, as Additional Rent, the Proportionate Share of all Taxes, such payment to be made not later
than on the tax due date or on the Specified Date, subject to Sections 4.2 (b), (g) and (h). 
  
 Landlord shall provide Tenant, upon the latter’s specific written request, with copies of all pertinent valuation and assessment notices and of all
pertinent tax statements and notices which Landlord has received in respect of the Building or the Premises. 
  
 5.3 Contestation of Taxes 
  
 Tenant shall pay to Landlord, as part of Operating Expenses, its proportionate share of all fees and expenses incurred by Landlord with respect to the
contestation of the Taxes or of the assessment of the Building, including without limitation legal, appraisal, administration and overhead expenses. The Taxes which shall be contested by Landlord shall nevertheless be paid by Tenant in accordance
with Section 5.2 of this Lease, provided however that if Tenant has paid its proportionate share of such contested Taxes and that Landlord receives as a result of such contestation a reimbursement of those Taxes, Landlord shall reimburse to
Tenant an appropriate portion of such reimbursement, after having deducted those expenses which shall not have been already charged to Tenant. 
  
 Landlord shall have no obligation to contest, object to or to litigate the levying or imposition of any Taxes and may settle, compromise, consent to,
waive or otherwise determine in its discretion any Taxes without notice to, consent or approval of Tenant. 
  
 5.4 Sales Taxes 
  
 Tenant shall pay to Landlord any Sales Taxes at the same time as the amounts to which such Sales Taxes apply and which are payable to Landlord under the
Lease. Although Sales Taxes are not considered to be Rent, Landlord shall have the same recourses for recovery of such amounts as it has for non-payment of Rent under the Lease or at law. 
  
 5.5 Tax Indemnification 
  
 Tenant shall indemnify and save Landlord harmless from all losses, costs, charges, penalties, and expenses arising from
Tenant’s non-payment of Taxes, as well as of any taxes that are imposed in lieu of same, whether against Landlord or Tenant. 
  

 6 

 ARTICLE 6: OPERATING EXPENSES AND UTILITIES 
  
 6.1 Tenant’s Proportionate Share of Operating
Expenses 
  
 Tenant shall pay to Landlord, as Additional
Rent, the Proportionate Share of Operating Expenses. 
  
 6.2 Utilities 
  
 Tenant shall pay to
Landlord, as Additional Rent, the costs of all electricity and other utilities supplied to or used or consumed in the Premises as set forth in Schedule “D”. Landlord may require Tenant to install a check meter, at Tenant’s expense,
for the purpose of determining the costs of such utilities. The cost of electricity to Tenant for the Premises shall not exceed the amount which the authority providing the same would charge to Tenant if Tenant were directly metered and billed by
the competent authority. For the purposes hereof, the charge for utilities shall be included in the Tenant’s Proportionate Share of Operating Expenses. 
  
 ARTICLE 7: SERVICES AND OPERATION OF BUILDING 
  
 7.1 Services to Premises 
  
 Landlord shall provide the following services to the Premises, subject to the further provisions set forth in Schedule “D”: 
  

	 	(a)	heating, ventilation and air-conditioning as required for the comfortable use and occupancy of the Premises during the hours as stipulated in section 17.13; any supply of such
services to the Premises outside of the hours as stipulated in section 17.13 shall be at Tenant’s sole expense and in accordance with Landlord’s prevailing rates; 

  

	 	(b)	cleaning services; and 

  

	 	(c)	utilities for lighting and equipment. 

  
 7.2 Services to Building 
  
 Landlord shall provide the following services to the Building (not including the Premises): 
  

	 	(a)	elevators as set forth in Schedule “D”; 

  

	 	(b)	washroom facilities including hot and cold water; 

  

	 	(c)	heating, ventilation, air-conditioning, lighting and cleaning in the appropriate interior portions of the Common Areas; 

  

	 	(d)	snow removal and landscape maintenance for the appropriate exterior portions of the Common Areas; 

  

	 	(e)	exterior window washing; 

  

	 	(f)	replacement of tubes and ballasts; and 

  

	 	(g)	garbage removal. 

  

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 7.3 Control of Building 
  
 Landlord shall perform any acts which it determines to be advisable for the
more efficient and proper operation of the Building. More particularly and without limiting the generality of the foregoing, Landlord shall be entitled to do the following: 
  

	 	(a)	obstruct or close off any part of the Building for the purpose of maintenance, repair, alteration or construction; 

  

	 	(b)	regulate the delivery or shipping of supplies and fixtures to the leased premises; 

  

	 	(c)	construct other buildings, structures or Improvements in the Building and make alterations and additions to the Building (excluding the Premises) and its Common Areas; and

  

	 	(d)	relocate or modify certain Common Areas. 

  
 7.4 Interruption of Services 
  
 Landlord may elect at its sole discretion, without any obligation or liability to Tenant, and without such action constituting an eviction of Tenant, to
temporarily discontinue or modify any services required of it as a result of Landlord’s exercise of the rights conferred under Section 7.3. To the extent that the Landlord’s exercise of the rights conferred under section 7.3 would
prevent the Tenant from conducting its business, the Landlord shall perform the acts outside the Normal Business Hours. 
  
 ARTICLE 8: USE OF PREMISES 
  
 8.1 Use 
  
 The Premises shall be used and occupied by Tenant for the purpose of carrying on the Authorized Use and for no other purpose. Tenant shall not permit any
part of the Premises to be occupied by any Person other than Tenant or a permitted assignee or subtenant and their respective employees. 
  
 8.2 No Warranty of Use 
  
 Notwithstanding any legal warranty, Landlord does not make any representation or warranty whatsoever to Tenant in respect of the use of the Premises which
is permitted under applicable Laws during the Term or is permitted by any applicable zoning by-laws during the Term. Nothing herein shall be interpreted so as to imply that the Lease is conditional upon the Tenant obtaining any permit for the
carrying on of its business from any municipal or other authority. Tenant shall be solely responsible to obtain, at its own cost, all permits, consents and authorizations required for its occupation of the Premises and the operation of its business
therein. 
  
 8.3 Continuous
Operation 
  
 Intentionally deleted. 
  

 8 

 ARTICLE 9: INSURANCE AND NON-LIABILITY 
  
 9.1 Tenant’s Insurance 
  
 Tenant shall maintain during the Term and any renewal thereof or later
occupation of the Premises insurance with respect to its interest in the Premises, the fixtures and Improvements made by or on behalf of Tenant in the Premises, and all operations of Tenant in and from the Premises. 
  
 Tenant’s insurance shall be in amounts equal to those maintained by
prudent tenants of similar premises and shall, without limiting the foregoing, cover the following risks: 
  

	 	(a)	“all risks” (including flood and earthquake, if available on reasonable commercial terms) coverage for property of every kind owned by Tenant or for which Tenant is
legally liable or installed by or on behalf of Tenant and which is located within the Building, including, without limitation, all of Tenant’s furniture and movable equipment and all leasehold improvements and other Improvements, in an amount
not less than the full replacement cost thereof; 

  

	 	(b)	“all risks” Tenant’s legal liability insurance in an amount not less than the full replacement cost of the Premises; 

  

	 	(c)	comprehensive general liability insurance including, but not limited to property damage, public liability, personal injury liability, contractual liability, non-owned automobile
liability and contractor’s protective insurance coverage, all on an occurrence basis with respect to the use, occupancy, activities or things on the Premises and with respect to the use and occupancy of any other part of the Building by Tenant
or any of its employees, agents, contractors or persons for whom Tenant is in law responsible with coverage of not less than Five Million Dollars ($5,000,000.00) for each occurrence involving bodily injury, death or property damage (or for such
higher limits as Landlord may reasonably require from time to time); 

  

	 	(d)	business interruption insurance in such amounts as will reimburse Tenant for direct and indirect loss of earnings attributable to the perils insured against in subparagraph 9.1 ((a)
and other perils commonly insured against by prudent tenants; and 

  

	 	(e)	such other coverage as Landlord, the Trustee or the Mortgagee may require having regard to the risks which are customarily insured against by prudent tenants of like premises.

  
 Such insurance shall include: 
  

	 	(aa)	Landlord, the Trustee and any Mortgagee designated by Notice from Landlord together with those for whom they are in law responsible as named insureds as their respective interests
may appear; 

  

	 	(bb)	a severability of interests and cross-liability clauses protecting Landlord in respect of claims by Tenant as if Landlord was separately insured; 

  

	 	(cc)	a provision prohibiting the insurer from cancelling the coverage without first giving Landlord at least 30 days prior Notice thereof; and 

  

	 	(dd)	a waiver of any subrogation rights which Tenant’s insurers may have against Landlord and against those for whom Landlord is in law responsible. Landlord shall provide for a
similar waiver of any subrogation rights for the benefit of the Tenant. 

  
 Tenant shall provide Landlord with certificates of such insurance and any renewals thereof and, at Landlord’s request, with a certified copy of its insurance policy(ies). 
  

 9 

 9.2 Increased Risk and Remedies 
  
 Tenant shall not do or commit any act upon the Premises or bring into or
keep upon the Premises any Article which will affect the fire risk or increase the rate of fire insurance or other insurance on the Building. Without limiting the foregoing, in no event shall any inflammable materials, except for kinds and
quantities required for ordinary office occupancy and permitted by the insurance policies covering the Building, or any explosives whatsoever, be taken into the Premises or retained therein. 
  
 Tenant shall comply with the rules and requirements of Landlord’s
insurers’ inspection service and with the requirements of all insurance companies having policies of any kind whatsoever in effect covering the Building, including policies insuring against contractual and extra-contractual liability.

  
 Should the rate of any type of insurance on the Building be
increased by reason of any violation of the Lease by Tenant, Landlord, in addition to all other remedies, may pay the amount of such increase, and the amount so paid shall become due and payable immediately by Tenant and collectible as Additional
Rent. 
  
 Should any insurance policy on the Building be cancelled
or threatened to be cancelled by the insurer by reason of the use and occupation of the Premises or any part thereof by Tenant or by any permitted assignee, subtenant, concessionaire or licensee of Tenant, or by anyone permitted by Tenant to be upon
the Premises, Landlord may at its option terminate the Lease by leaving at the Premises a Notice of its intention to do so and thereupon Rent and other payments for which Tenant is liable hereunder shall be apportioned and paid in full to the
effective date of termination under such Notice and Tenant shall forthwith deliver vacant possession of the Premises to Landlord. Landlord may also, at its option and at the expense of Tenant, enter upon the Premises and rectify the situation
causing such cancellation or threatened cancellation. 
  
 9.3 Loss or Damage 
  
 Notwithstanding any
other provisions in this Lease or the Laws, Landlord shall not be liable for damage to or loss, theft, or destruction of property at any time in or on the Premises or in or about the building, regardless of the cause therefor (except where such
cause is Landlord’s fault). 
  
 Save as set out in Article 11
and without limiting the generality of the foregoing, there shall be no abatement from or reduction of Rent nor shall Tenant be entitled to damages, costs, losses or disbursements from Landlord regardless of the cause therefor (except where such
cause is Landlord’s fault) on account of fire or other casualty. Neither shall there be any claim of any nature whatsoever by Tenant against Landlord, nor any abatement nor reduction of Rent, nor recovery by Tenant from Landlord on account of
partial or total failure of, damage caused by, lessening of supply of, or stoppage of, heat, air-conditioning, electric light, power, water, plumbing, sewerage, elevators, escalators or any other service, nor on account of any damage or annoyance
occasioned by water, snow, or ice being upon or coming through the roof, skylight, trapdoors, windows, or otherwise, or by any defect or break in any pipes, tanks, fixtures, or otherwise whereby steam, water, snow, smoke or gas, leak, issue or flow
into the Premises, nor on account of any damage or annoyance occasioned by the condition or arrangements of any loading docks or of any electric or other wiring, nor on account of any damage or annoyance arising from any acts, omissions, or
negligence of co-tenants or other occupants of the Building, or of owners or occupants of adjacent or contiguous property, nor on account, directly or indirectly, of the making of Improvements, or structural changes to the Building, or any thing or
service therein or thereon or contiguous thereto. 
  
 Notwithstanding the foregoing, liability of Landlord shall under no circumstances extend to any property other than normal office furniture which term, without limiting its normal meaning, shall not include securities, specie, papers,
typewriters, electrical computers, or machines or similar items. 
  

 10 

 Furthermore, Landlord shall not be liable for any damages suffered by Tenant should any delay in the
completion of the Premises in any way delay or inconvenience the occupation thereof or the enjoyment of the Building or accessories or services. 
  
 9.4 General Indemnification of Landlord 
  
 Tenant shall indemnify Landlord and save it harmless from and against all claims and costs arising from any occurrence in,
upon or at the Premises, or occasioned wholly or in part by any act or omission of Tenant or by anyone permitted to be on the Premises or in the Common Areas by Tenant, or by a failure by Tenant or by anyone for whom the Tenant is responsible at law
to comply with Laws, unless any such claim, cost or occurrence results from the fault of Landlord or of those for whom it is in law responsible. If Landlord, without gross fault on its part, is made a party to any litigation commenced by or against
Tenant, Tenant shall indemnify and hold Landlord harmless and shall pay all costs, expenses and legal fees (judicial and extra-judicial) incurred or paid by Landlord in connection with such litigation. 
  
 ARTICLE 10: TENANT RESPONSIBILITIES 
  
 10.1 Maintenance and repairs 
  
 Subject to section 10.10, Tenant shall, at all times, at its expense,
maintain and repair, subject to Section 10.2, the whole of the Premises including without limitation, all Improvements, interior partitions, doors, electrical, lighting, wiring, plumbing fixtures and equipment and the heating, ventilating and
air-conditioning systems and equipment within or exclusively serving the Premises in good order and repair as would a prudent owner. Tenant will make all needed repairs and replacements with due diligence and dispatch. 
  
 Tenant shall promptly notify the Landlord in writing of any accident to or
defect in the water pipes, steam pipes, heating or air conditioning equipment, electric lights, elevators, wires or other services or equipment to any portion of the Premises. 
  
 10.2 Landlord’s Approval of Tenant’s Improvements 
  
 Tenant shall not make any Improvements other than painting and minor
non-structural Improvements to the Premises which do not affect the Building’s systems, without obtaining Landlord’s prior written consent. Landlord shall not be obliged to consider any request for such approval unless and until Tenant has
submitted to Landlord details of the proposed Improvements, including drawings and specifications prepared by qualified architects or engineers and conforming to good architectural and engineering practice and unless Tenant shall also deliver with
respect to the Improvements: 
  

	 	(a)	such indemnification against liens, costs and damages as Landlord requires, failing which Tenant shall furnish adequate reasonable security in an amount and form required by
Landlord to indemnify against liens, costs, damages, and expenses resulting from such Improvements; and 

  

	 	(b)	evidence satisfactory to Landlord that Tenant has obtained all necessary consents, permits, licences and inspections from all governmental and regulatory authorities.

  
 Landlord will release the security when the
relevant lien period has expired. 
  

 11 

 All Improvements made by Tenant to the Premises shall be at Tenant’s sole expense and, if approved
by Landlord, shall be performed: 
  

	 	(i)	by such contractor((s), or sub-contractor(s) as Tenant may select and Landlord may approve, provided however that Landlord shall not be liable for any damage or other loss or
deficiency arising from or through such work. Each such contractor and sub-contractor shall be Tenant’s contractor and sub-contractor and shall not be deemed to be Landlord’s agent. Tenant hereby undertakes that there shall be no conflict
caused with any union or other contract to which Landlord, its contractor(s), or any sub-contractor(s) may be a party, and in the event of any such conflict Tenant shall forthwith remove from the Building Tenant’s conflicting contractor(s) or
sub-contractor(s). 

  

	 	(ii)	in a good and workmanlike manner and in compliance with the highest standards including those set by Landlord; 

  

	 	(iii)	in accordance with the drawings and specifications approved by Landlord; and 

  

	 	(iv)	subject to the reasonable regulations, controls and inspection of Landlord. 

  
 If any payment in respect of the Tenant’s Improvements shall be made by Landlord, the same shall be immediately repayable to Landlord by Tenant and
collectible as Additional Rent. 
  
 Immediately upon being
invoiced by Landlord, Tenant shall pay to Landlord, as Additional Rent, an administrative and supervisory fee equal to 15% of the cost of any Improvements made to the Premises subsequent to the initial Improvements. Moreover, if any such
Improvements may in the Expert’s opinion affect the structure of the Premises or any other part of the Building (namely, the electrical, mechanical, or other base building systems), such work, or the appropriate part thereof, shall be performed
only by Landlord, in which case Tenant shall, upon completion thereof, pay to Landlord, upon demand, Landlord’s Costs thereof. No such Improvements shall be permitted which may weaken or endanger the structure or adversely affect the condition
or operation of the Premises or the Building or diminish the value thereof. 
  
 Any Improvement made by Tenant without the required prior written consent of Landlord or which is not in accordance with the drawings and specifications approved by Landlord shall, if required by Landlord, promptly be
removed by Tenant at its expense and the Premises restored to their previous condition. 
  
 10.3 Ownership of Improvements 
  
 Any fixtures or Improvements installed by Tenant, or by Landlord on Tenant’s behalf, shall immediately upon installation become the property of
Landlord without compensation to Tenant. Except in the circumstances specifically described in Section 10.6, such fixtures or Improvements shall not be removed from the Premises either during or at the expiration or earlier termination of the
Term. Landlord is under no obligation to repair, maintain or insure the Improvements. 
  
 10.4 Tenant to Discharge All Liens 
  
 If any mechanics’ construction or similar lien is made, filed or registered against title to the Building or Lands or
against the Tenant’s leasehold interest as a result of any work, materials or services supplied or performed by or on behalf of the Tenant or otherwise in respect of the Premises, the Tenant will discharge it forthwith at the Tenant’s
expense. If the Tenant fails to discharge the lien, then in addition to any other right or remedy of the Landlord, the Landlord may elect to discharge the lien by paying the amount claimed to be due and any additional amounts as may be required at
law or otherwise, into Court 

  

 12 

 
or directly to the lien claimant and the amount paid by the Landlord and all costs and expenses including all solicitor’s fees (on the basis of a
solicitor and his own client) incurred as a result of the lien including, without limitation, procuring and registering its discharge will be immediately paid by the Tenant to the Landlord. 
  
 10.5 Tenant Not to Overload Utilities and
Services 
  
 Tenant shall not install any equipment which
will exceed or overload the capacity of any utilities and services in the Building. 
  
 10.6 Termination of Lease 
  
 At the expiration or earlier termination of the Lease for whatever reason or upon Tenant vacating the Premises with the permission of Landlord prior to
the expiration hereof, Tenant shall, not be obliged to restore the leased Premises to their original condition and any such Improvements, shall, upon the expiration or earlier termination of this Lease for any other reason, remain in the Premises as
the property of Landlord without any compensation being paid therefor to Tenant. 
  
 Moreover, all obligations of Tenant under the Lease which have arisen on or before its expiration or earlier termination, all obligations to pay amounts due hereunder and/or pursuant to adjustment provided for by the
Lease shall survive the expiration or earlier termination of the Lease. 
  
 10.7 Exterior Appearance of Premises 
  
 Tenant shall keep the exterior appearance of the Premises tidy and business-like and shall not erect any sign or other like object within the Premises which is visible from the exterior of the Building. 
  
 10.8 Obligation Towards Other Tenants and Users of the
Building 
  
 Tenant shall act in such a way as not to
disturb the peaceful enjoyment of the other tenants or users of the Building. 
  
 10.9 Fire Protection 
  
 Tenant shall install and maintain in the Premises, at its sole cost, such fire protection or equipment, including without limitation, emergency lighting as is deemed necessary or desirable by Landlord or by any governmental and/or insurance
body. If so required by Landlord or any aforesaid body, Tenant shall appoint a warden to coordinate with the fire protection authorities and Landlord’s personnel. 
  
 10.10 Repairs by Landlord 
  
 The Landlord shall make repairs from time to time as necessary at its cost, not to be recovered by way of Operating Expenses
(unless such repairs are minor in nature), to the major structural elements of the Building, including without limitation the roof, roof membrane, support beams, weight-bearing walls, foundation, exterior cladding and masonry. The Landlord shall not
be entitled to recover by way of Operating Expenses any costs incurred by the Landlord’s exercise of its rights pursuant to paragraph 7.3 (c) or (d). 
  

 13 

 ARTICLE 11: DAMAGE, DESTRUCTION, EXPROPRIATION 
  
 11.1 Damage or Destruction of Premises

  
 In the event that the Premises shall be destroyed or damaged
by fire or other casualty insurable under fire and all risks insurance coverage, then: 
  

	 	(a)	if in the opinion of Landlord the damage or destruction is such that the Premises are rendered wholly unfit for occupancy or it is impossible or unsafe to use and occupy them, and
if in either event the damage, in the further opinion of Landlord (which shall be given by Notice to Tenant within a reasonable delay of the happening of such damage or destruction) cannot be repaired with reasonable diligence within 180 days from
the happening of such damage or destruction, either Landlord or Tenant may within 5 days next succeeding the giving of Landlord’s opinion as aforesaid, terminate this Lease by giving to the other Notice of such termination, in which event the
Term shall cease and be at an end as the date of such damage or destruction and the Rent shall be apportioned and paid in full to the date of such damage or destruction. In the event that neither Landlord nor Tenant so terminates this Lease, Rent
shall abate from the date of the happening of the damage until the damage shall be made good to the extent of enabling Tenant to use and occupy the Premises; or 

  

	 	(b)	if the damage be such that the Premises are wholly unfit for occupancy, or if it is impossible or unsafe to use or occupy them but if in either event the damage, in the opinion of
Landlord (which shall be given by Notice to Tenant within 30 days from the happening of such damage) can be repaired with reasonable diligence within 180 days of the happening of such damage, Rent shall abate from the date of the happening of such
damage until the damage shall be made good to the extent of enabling Tenant to use and occupy the Premises; or 

  

	 	(c)	if in the opinion of Landlord, the damage can be made good as aforesaid within 180 days of the happening of such damage or destruction, and the damage is such that the Premises are
capable of being partially used for the purposes for which leased, until such damage has been repaired, Rent shall abate in the proportion that the part of the Premises rendered unfit for occupancy bears to the whole of the Premises.

  
 11.2 Destruction of
Building 
  
 In the event that the Building is partially
destroyed or damaged so as to affect 20% or more of the rentable area of the Building, or in the opinion of Landlord the Building is rendered unsafe, and whether or not the Premises are affected, and in the opinion of Landlord (which shall be given
by Notice to Tenant within 30 days of the happening of such damage or destruction), cannot be repaired with reasonable diligence within 180 days from the happening of such damage or destruction, Landlord may within 5 days next succeeding the giving
of Landlord’s opinion as aforesaid, terminate this Lease by giving to Tenant Notice of such termination, in which event the Term shall cease and be at an end as of the date of such damage or destruction and the Rent and all other payments for
which Tenant is liable under the terms of this Lease shall be apportioned and paid in full to the date of such damage or destruction. 
  
 11.3 Insurance Proceeds 
  
 In the event of the termination of the Lease as hereinabove provided, all insurance proceeds, excluding those relating to Tenant’s property, proceeds
respecting business interruption, and to any amount payable for the value in use of Improvements to the Tenant during the Term shall be and remain the absolute property of Landlord. 
  
 11.4 Tenant’s Property 
  
 Nothing herein contained shall oblige Landlord to repair or reconstruct any property of Tenant or Improvements. 

 

 14 

 11.5 Negligence of Tenant 
  
 Intentionally deleted. 
  
 11.6 Expropriation 
  
 Landlord and Tenant shall cooperate in respect of any expropriation of the
Premises or any part thereof so that, Tenant may receive the maximum award to which it is entitled in law for relocation costs, business interruption and such other costs (including any required increased rent in new premises) that it may be
entitled to receive from the expropriating authority and so that Landlord may receive the maximum award for all other compensation arising from or relating to such expropriation. If the whole or any part of the Premises is expropriated, the
respective rights and obligations of Landlord and Tenant shall continue until the day on which the expropriating authority takes possession thereof. 
  
 ARTICLE 12: LANDLORD’S RIGHT OF ENTRY 
  
 12.1 Entry by Landlord 
  
 Landlord and its agents and contractors may enter the Premises, upon 24 hours’ prior notice to Tenant (except in an emergency when no Notice shall be
required) for the following purposes: 
  

	 	(a)	to examine the Premises; 

  

	 	(b)	to make such repairs as Landlord, acting reasonably, considers necessary; 

  

	 	(c)	to have access to underfloor ducts and access panels to mechanical shafts; 

  

	 	(d)	to check, calibrate, adjust and balance controls and other parts of the heating or air-conditioning systems; and 

  

	 	(e)	for any other purpose necessary to enable Landlord to perform its obligations or exercise its rights under the Lease. 

  
 In exercising its rights Landlord shall use reasonable efforts to minimize
interference with Tenant’s use and enjoyment of the Premises. 
  
 Tenant shall not alter any locks on any doors of the Premises without obtaining Landlord’s prior written consent which may be conditional namely on Tenant providing keys to Landlord for any new locks installed. 
  
 12.2 Right to Show Premises 
  
 Landlord and its agents shall have the right to enter the Premises during
Normal Business Hours upon reasonable prior Notice to show them to prospective purchasers, or Mortgagees or prospective Mortgagees, or the Trustee and, during the last (6) months of the Term (or the last 6 months of any renewal term if this
Lease is renewed), to prospective tenants. 
  

 15 

 ARTICLE 13: ASSIGNMENT OR SUBLETTING 
  
 13.1 Assignment or Subletting 
  
 Tenant may not assign, transfer or encumber this Lease or sublet all or a
portion of the Premises or permit the Premises or any part thereof to be used by another, unless Tenant has obtained Landlord’s prior written consent, which consent shall not be unreasonably withheld. Tenant shall have the right, upon Notice to
Landlord, without consent of the Landlord, to assign the Lease or sublet all or any portion of the leased Premises to the following: (a) any entity resulting from a merger or consolidation with Tenant; (b) any entity succeeding to the
business and assets of Tenant; (c) any subsidiary or affiliate of Tenant; (d) any entity which is part of or affiliated with Learning Tree International Inc. Without in any way limiting Landlord’s right to refuse its consent for other
serious reasons and notwithstanding any Laws to the contrary, Landlord’s refusal of consent shall be deemed to be for a serious reason in respect of an assignment, sublease, use or other transfer if: 
  

	 	(a)	Landlord is not satisfied with the creditworthiness, reputation or business of the proposed assignee or subtenant; or 

  

	 	(b)	the assignee, subtenant or user proposed by Tenant is then a tenant of the Building and Landlord has or will have during the next 6 months suitable space for rent in the Building;
or 

  

	 	(c)	the proposed assignee, subtenant or user intends to use the Premises to carry on a business which could breach an exclusivity clause granted by Landlord. 

 
 13.2 Other Conditions 
  
 Landlord shall not be obliged to consider any request for such consent or
deliver such consent unless and until Tenant shall have complied with the following: 
  

	 	(a)	Tenant shall have received a bona fide third party written offer from a potential assignee, subtenant or user; 

  

	 	(b)	Tenant shall have provided to Landlord a true copy of such offer and adequate information to enable Landlord to assess the creditworthiness, reputation and business of the proposed
assignee, subtenant or user; 

  

	 	(c)	Tenant shall first offer to assign its rights in the Lease or to sublet the Premises, as the case may be, to Landlord, on the same terms and conditions as provided in the Lease with
the exception of this Article 13 and of any provisions of law requiring consent to any further sublease or assignment by Landlord, which shall not apply; and 

  

	 	(d)	the proposed assignee, subtenant or user shall have agreed in writing with Landlord (and in a form acceptable to Landlord) to observe and perform all the obligations of Tenant under
this Lease in respect of the Premises or the part thereof which Tenant wishes to sublet, assign or use. 

  
 Landlord shall have a period of 10 days after having received the Notice and all necessary information in which to: ((i) accept the offer of assignment or
subletting by Tenant mentioned in Section 13.2 (c); or (ii) consent or not consent to the proposed assignment, sublease or use by a third party. If Landlord has consented to the proposed sublease, assignment or use by a third party, Tenant
shall then have a period of 60 days thereafter in which to enter into a sublease, assignment or use 

  

 16 

 
agreement with the proposed subtenant, assignee or user which agreement shall have been approved by Landlord prior to execution; and in the event that Tenant
does not assign its rights in the Lease, sublet or permit the use of the Premises or any part thereof within such 60 day period hereinabove mentioned, Landlord’s consent shall be deemed null and void, and in such case Tenant shall not be
permitted to assign, sublet or permit the use of the Premises by a third party without again complying with all and each of the provisions of this Article 13. 
  

Notwithstanding any assignment, sublet or other transfer of the Premises, Tenant shall remain jointly and severally liable with the assignee,
subtenant, transferee or user for the performance of all of the terms, obligations and conditions of the Lease and shall not be released from performing any of same, except that in case of an assignment to the Landlord, the Tenant’s liability
shall cease on the effective date of the assignment for all liability under the Lease arising thereafter. 
  
 Fifty percent (50%) of any profits on the rentals made by Tenant, net of real estate fees, commissions, legal or other costs, free-rent or tenant
improvement allowances, as a result of any assignment, sublet or use of the Premises shall be remitted to Landlord. 
  
 Tenant agrees to grant to Landlord a charge on all amounts payable by a subtenant pursuant to any sublease of the Premises and undertakes to sign and
execute any further agreement, document or statement which may be necessary in order to give effect to this security and to register same in the appropriate registers. 
  
 Tenant shall pay $500.00 in total as Additional Rent to Landlord for the processing of any request for consent under this
Article 13. Landlord shall prepare any agreement or other documentation to be executed by the parties to give effect to Landlord’s consent as contemplated herein. 
  
 13.3 Change in Control 
  
 Any sale(s) of 50% or more of the capital or voting stock of Tenant (if Tenant is a non-public corporation) or transfer(s)
of 50% or more of Tenant’s partnership interest (if Tenant is a partnership) shall be deemed to be an assignment of the Lease. As used in the preceding sentence, the word “Tenant” shall also mean any entity which has guaranteed
Tenant’s obligations under the Lease and the prohibition hereof shall be applicable to any sales or transfers of the stock or partnership interest of said surety. 
  
 Upon Landlord’s request, Tenant shall deliver a solemn declaration by one of its officers designated by Landlord
setting forth the details of its corporate and capital structure. 
  
 13.4 Advertising of Premises 
  
 Tenant shall not advertise or allow any agent, broker, or other person to advertise the Premises as being available for lease without the approval by Landlord of the form and content of such advertisement which shall
not mention any financial terms. 
  
 ARTICLE 14:
SUBORDINATION AND STATUS STATEMENT 
  
 14.1 Subordination 
  
 The Lease and all
rights of Tenant hereunder shall be subject and subordinate at all times to the Security and any and all underlying leases, mortgages, hypothecs or trust deeds affecting the Building or the Land which have been executed or which may at any time
hereafter be executed, and any and all extensions and renewals thereof and substitutions therefore provided the holder of such leases, 

  

 17 

 
mortgages, hypothecs or trust deeds agree not to disturb the Tenant’s possession of the Premises pursuant to the lease except as permitted by the Lease.
Landlord shall use its reasonable effort to obtain from the holder of such leases, mortgages, hypothecs or trust deeds, a non disturbance agreement in a form acceptable to Landlord and such lender. 
  
 Tenant agrees that, if by reason of a default upon the part of Landlord as lessee under any
underlying lease in the performance of any of the terms or provisions of such underlying lease or by reason of a default under the Security or by reason of a default upon the part of the owner of the Land under the Security or under any mortgage,
hypothec or trust deed to which the Lease is subject or subordinate, the Landlord’s and/or such owner’s estate is terminated, it will attorn to the lessor under such underlying lease or to the Trustee under the Security or to the acquirer
of the Landlord’s interest under such underlying lease or to the acquirer of the Building pursuant to any action taken under the Security or any such security, mortgage or hypothec, and will recognize such lessor, the Trustee or such acquirer,
as Tenant’s landlord under the Lease provided any such the person agrees not to disturb the Tenant’s possession of the Premises pursuant to the lease except as permitted by the Lease. 
  
 Tenant agrees to execute and deliver, at any time and from time to time, upon
the request of Landlord or of the lessor under any such underlying lease, or of the Trustee under the Security or of the holder of any such mortgage or hypothec, any instrument which may be necessary or appropriate to evidence such subordination of
the Lease to the Security or to any or all leases, mortgages, hypothecs or trust deeds as aforementioned on such attornment. 
  
 14.2 Status Statement 
  
 Tenant, upon not less than 10 days’ prior Notice from Landlord, shall execute, acknowledge and deliver to Landlord and, at Landlord’s request,
addressed to any prospective purchaser, ground or underlying lessor or creditor under a mortgage or hypothec of the Building or the Land, a certificate of Tenant stating: 
  

	 	(a)	that Tenant has accepted the Premises, or, if Tenant has not done so, that Tenant has not accepted the Premises and specifying the reasons therefor; 

  

	 	(b)	the Commencement Date and Expiration Date of the Lease; 

  

	 	(c)	that the Lease is unmodified and in full force and effect, or if there have been modifications, that the same is in full force and effect as modified, and stating the modifications;

  

	 	(d)	whether or not there are then existing any defenses against the enforcement of any of the obligations of Tenant under the Lease and, if so, specifying the same;

  

	 	(e)	whether or not there are then existing any defaults by Landlord in the performance of its obligations under the Lease, and, if so, specifying the same; 

  

	 	(f)	the dates, if any, to which the Rent and other charges under the Lease have been paid; and 

  

	 	(g)	any other information which may reasonably be required by any such persons. 

  
 It is intended that any such certificate of Tenant delivered pursuant to this Section 14.2 may be relied upon by the Trustee or any prospective
purchaser or Mortgagee. 
  

 18 

 ARTICLE 15: DEFAULT AND RECOURSES 
  
 15.1 Default 
  
 The occurrence of any of the following events shall constitute a default by
Tenant: 
  

	 	(a)	if any item of Rent is not paid on its due date 5 days after notice thereof has been given to the Tenant; 

  

	 	(b)	if Tenant assigns, transfers or encumbers the Lease or sublets or permits the use of the Premises by others except in a manner permitted in the Lease; 

  

	 	(c)	if Tenant vacates or abandons the Premises prior to the expiry of the Lease or fails to take possession of the Premises as required by the Lease; 

  

	 	(d)	if the whole or a substantial portion of the property of Tenant on the Premises is seized before or after judgment or taken in execution or attachment by a creditor of Tenant or any
third party; 

  

	 	(e)	if Tenant or the Surety (if any) makes an assignment for the benefit of creditors; if a receiver-manager is appointed to control the conduct of the business on or from the Premises;
if Tenant or the Surety (if any) becomes bankrupt or insolvent or takes the benefit of any act now or hereafter in force for bankrupt or insolvent debtors; or if an order is made for the winding-up of Tenant or the Surety (if any) and such order
remains uncontested for 5 business days; 

  

	 	(f)	intentionally deleted; 

  

	 	(g)	if Tenant fails to perform any of its other obligations under the Lease and fails to cure the default within 15 days of the giving of the Notice of default sent by Landlord or any
other delay deemed appropriate, Landlord acting reasonably. 

  
 15.2 Landlord’s Recourses 
  
 15.2.1 Interest and Costs The Tenant shall pay monthly to the Landlord interest at the Prime Rate plus two percent (2%) on all Rent required to be paid hereunder from the due date for payment thereof until the same is
fully paid and satisfied. The Tenant shall indemnify the Landlord against all costs and charges (including legal fees) lawfully and reasonably incurred in enforcing payment thereof and in obtaining possession of the Premises after an event of
default, or upon expiration or earlier termination of the Term of this Lease or in enforcing any covenant, proviso or agreement of the Tenant herein contained. 
  

15.2.2 Right to Re-Enter Whenever there is an event of default, then and in any of such cases, the then current month’s Rent, together with the Rent
for the three (3) months next ensuing shall immediately become due and payable and at the option of the Landlord, the Term shall become forfeited and void, and the Landlord may without notice or any form of legal process whatsoever forthwith
re-enter upon the Premises or any part thereof in the name of the whole and repossess and enjoy the same as of its former estate, anything contained in any statute or law to the contrary notwithstanding. Notwithstanding such forfeiture the Landlord
shall have the right to recover arrears of Rent or damages for any prior default by the Tenant of its covenants, obligations or agreements under this Lease or any term or condition of this Lease and provided further that notwithstanding any such
forfeiture the Landlord shall have the right to recover from the Tenant damages including damages for loss of future Rent suffered by reason of this Lease having been prematurely determined. 
  

 19 

 15.2.3 Right to Relet In case of an event of default, the Landlord may from time to time without
terminating this Lease relet the Premises or any part thereof as agent for the Tenant. In the case of any such reletting: 
  

	 	(a)	the Landlord may make such alterations and repairs as may be necessary in order to relet the Premises; 

  

	 	(b)	the Landlord may relet the Premises for such term or terms (which may be for a term extending beyond the Term of this Lease) and at such rental or rentals and upon such other terms
and conditions as the Landlord in its sole discretion may deem advisable; 

  

	 	(c)	all rentals received by the Landlord from such reletting shall be applied: 

  

	 	(i)	first, to the payment of any indebtedness other than Rent due hereunder from the Tenant to the Landlord; 

  

	 	(ii)	second, to the repayment of any costs and expenses of such reletting, including brokerage fees and solicitors’ fees and the costs of such alterations and repairs;

  

	 	(iii)	third, to the payment of Rent due and unpaid hereunder; and 

  

	 	(iv)	the residue, if any, shall be held by the Landlord and applied in payment of future Rent as the same may become due and payable hereunder. 

  
 If the rentals received from such reletting during any month are less than
the Rent to be paid during that month by the Tenant hereunder, the Tenant shall pay any such deficiency to the Landlord. Such deficiency shall be calculated and paid monthly. Notwithstanding such reletting, the Landlord shall have the right to
recover from the Tenant all damages incurred by the Landlord as a result of the Tenant’s breach including all costs of recovering and reletting the Premises. No such re-entry or taking possession of the Premises by the Landlord shall be
construed as an election on its part to terminate this Lease unless a written notice of such intention be given to the Tenant or unless the termination thereof be decreed by a court of competent jurisdiction. Notwithstanding any such reletting
without termination, the Landlord may at any time thereafter elect to terminate this Lease for such previous breach. Should the Landlord at any time terminate this Lease for any breach, in addition to any other remedies it may have, it may recover
from the Tenant all damages it may incur by reason of such breach, including the cost of recovering and reletting the Premises and damages for loss of future Rent. 
  
 15.2.4 Legal Expenses 
  
 Intentionally deleted. 
  
 15.2.5 The Landlord May Perform Covenants If the Tenant shall fail to perform any of its covenants or obligations under or in respect of this Lease, the
Landlord may from time to time at its discretion, perform or cause to be performed any of such covenants or obligations, or any part thereof, and for such purpose may do such things upon or in respect of the Premises or any part thereof as the
Landlord may consider requisite or necessary. 
  
 All expenses
incurred and expenditures made by or on behalf of the Landlord under this section shall be forthwith paid by the Tenant and if the Tenant fails to pay the same, the Landlord may add the same to the Rent and recover the same by all remedies available
to the Landlord for the recovery of Rent in arrears. 
  

 20 

 15.2.6 Landlord May Follow Chattels Provided that in the case of removal by the Tenant of the goods and
chattels of the Tenant from the Premises, the Landlord may follow the same for thirty (30) days in the same manner as is provided for in the Landlord and Tenant Act (Ontario), as amended, or in any other Statute which may hereafter be
passed to take the place of the said Act or to amend the same. 
  
 15.2.7
Waiver of Exemptions The Tenant hereby covenants and agrees with the Landlord in consideration of the Premises and of the leasing and letting by the Landlord to the Tenant of the Premises for the Term hereby created (and it is upon
that express understanding that these presents are entered into) that notwithstanding anything contained in the Landlord and Tenant Act (Ontario) as, amended, or in any other Statute which may hereafter be passed to take the place of the said
Act or to amend the same, none of the goods or chattels of the said Tenant at any time during the continuance of the Term hereby created on the Premises shall be exempt from levy by distress for Rent in arrears by the Tenant as provided for by any
section or sections of the said Act, or any amendment or amendments thereto, and that upon any claim being made for such exemption by the Tenant or on distress being made by the Landlord this covenant and agreement may be pleaded as an estoppel
against the Tenant in any action brought to test the right to the levying upon any such goods as are named as exempted in said section or sections or amendment or amendments thereto, the Tenant waiving as the Tenant hereby does, all and every
benefit that could or might have accrued to the Tenant under and by virtue of the said section or sections of the said Act or any amendment or amendments thereto but for this covenant. 
  
 ARTICLE 16: MISCELLANEOUS 
  
 16.1 Rules and Regulations 
  
 Tenant shall comply with all Rules and Regulations, and reasonable amendments thereto, adopted by Landlord for the more
efficient and proper operation of the Building, including those set out in Schedule “E”. Landlord shall give Tenant Notice of any amendment to the Rules and Regulations. Such Rules and Regulations may differentiate between different types
of businesses in the Building. Landlord shall have no obligation to enforce any rule or regulation or the provisions of any other lease against any other tenant, and Landlord shall have no liability to Tenant with respect thereto. Such Rules and
Regulations may regulate Tenant’s conduct, but shall not interfere with Tenant’s ability to conduct its business in an efficient and effective manner or its other rights under this Lease. 
  
 16.2 Timeliness 
  
 Landlord may, unless expressly stated otherwise, exercise and enforce his
respective rights under the Lease at any time and from time to time. 
  
 16.3 Expiration of the Term 
  
 The Lease shall terminate ipso facto and without notice or demand on the Expiration Date and any continued occupation of the Premises by Tenant shall not have the effect of extending the period or of renewing
the Lease for any period of time, the whole notwithstanding any provisions of law and Tenant shall be presumed to occupy the Premises against the will of Landlord who shall thereupon be entitled to make use of any and all remedies by law provided
for the expulsion of Tenant and for damages, provided, however, that the provisions of Section 16.4 shall apply in the event of such continued occupation by Tenant. 
  

 21 

 16.4 No Tacit Renewal 
  
 If Tenant remains in possession of the Premises after the end of the Term
with or without the consent of Landlord but without having executed and delivered a new lease, there shall be no tacit renewal of this Lease notwithstanding any statutory provisions or legal presumption to the contrary, and Tenant shall be deemed to
be occupying the Premises as a tenant from month to month at a monthly Minimum Rent payable in advance on the first day of each month equal to 150% of the amount of Minimum Rent payable during the last month of the Term and otherwise, upon the terms
and conditions set forth in this Lease (including Additional Rent), so far as these are applicable to a monthly tenancy. 
  
 16.5 Successors 
  
 All rights and liabilities herein granted to or imposed upon the respective parties hereto extend to and bind the successors and assigns of Landlord and
the heirs, executors, administrators and permitted successors and assigns of Tenant, as the case may be. If there is more than one Tenant, each one of them shall be bound jointly and severally with the others towards Landlord for the performance of
and shall be subject to all of the terms, obligations and conditions herein. 
  
 16.6 Tenant Partnership 
  
 If Tenant is a partnership, each Person who is presently a member of the partnership and each Person who becomes a member of any successor partnership hereafter shall be and continue to be bound jointly and severally for the performance of
and shall be and continue to be subject to all of the terms, obligations and conditions of this Lease, whether or not such Person ceases to be a member of such partnership or successor partnership. 
  
 16.7 No Partnership 
  
 Notwithstanding any provisions of the Lease, nothing in the Lease shall be
construed as constituting any partnership, joint venture or any other relationship other than the relationship of Landlord and Tenant. 
  
 16.8 No Waiver 
  
 Failure of Landlord to insist upon the performance of any obligation under the Lease and to exercise any right contained in the Lease shall not be
construed as a waiver or relinquishment of any such obligation or right. Landlord’s acceptance of Rent or a partial payment thereof after a default is not a waiver of any preceding or ensuing default under this Lease even if Landlord knows of
the preceding or ensuing default at the time of acceptance of the Rent. 
  
 16.9 Compliance With Laws 
  
 Tenant shall comply with the requirements of all applicable Laws, relating to the Premises or their use, occupation, repair or alteration, and also with the requirements of any company which insures Landlord or
Tenant. 
  
 16.10 Force Majeure

  
 Notwithstanding anything to the contrary contained in the
Lease, if either party hereto is bona fide delayed or hindered in or prevented from the performance of any term, obligation or act required hereunder by reason of strikes, labour troubles, inability to procure materials or services, power
failure, restrictive governmental Laws or regulations, riots, insurrection, sabotage, rebellion, war, act of God or other reason which is beyond the control of the party so delayed, hindered or prevented, then performance of such term, obligation or
act shall be excused for the period of the delay and the party shall be entitled to perform such term, obligation or act within the appropriate time period after the expiration of the period of such delay. However, the provisions of this Section are
not meant to excuse Tenant from the prompt payment of Minimum Rent or Additional Rent or from any other payments required by the Lease. 
  

 22 

 16.11 Decision of Expert 
  
 The decision of any Expert whenever provided for under this Lease and any
certificate related thereto shall be final and binding upon the parties. 
  
 16.12 Notices 
  
 For the purposes of this Lease, the term “Notice” means any notice, request, demand, or other instrument given pursuant to this Lease. 
  
 Any Notice shall be in writing and may be delivered in person or sent by registered mail, messenger or bailiff with proof of delivery and shall be
addressed: 
  
 (a) if to Landlord, at the address set out in
Section 1.10; 
  
 or to such other Person or at such other address as
designated by Landlord’s Notice, and 
  
 (b) if to Tenant,
at the Premises. 
  
 Any such Notice shall be conclusively deemed
to have been given or made on the day upon which such Notice is delivered in person or if sent by registered mail, messenger of bailiff, at the date appearing on the proof of delivery. Either party may at any time give Notice to the other of any
change of address of the party giving such Notice and from and after the giving of such Notice, the address therein specified shall be deemed to be the address of such party for the giving of Notices hereunder. 
  
 16.13 Registration 
  
 This Lease may be registered in its abridged version prepared by Tenant at
its own cost provided such abridged lease does not contain any of the financial terms and conditions of the Lease and that Landlord has approved such abridged lease prior to its publication. Should the Lease be published as aforesaid, Tenant shall,
at the termination thereof, cause same to be cancelled at its expense, failing which Landlord will have the right to cause such cancellation and charge Tenant with the Landlord’s Costs of same. 
  
 16.14 Assignment by Landlord 
  
 In the event of the sale or lease by Landlord of the Building, or of any
part thereof, or the assignment by Landlord of this Lease or any interest of Landlord hereunder, Landlord shall be released of all liability with respect to all obligations of Landlord pursuant to the Lease to the extent that the transferee agrees
in writing to be bound by this Lease. It shall be deemed and construed without further agreement between the parties, or their successors in interest, or between the parties and the transferee or acquiree of any such sale, lease or assignment, that
the transferee, acquiree or lessee has assumed and agreed to carry out any and all of the obligations of Landlord under the Lease to Landlord’s exoneration, and Tenant shall thereafter be bound to such transferee, acquiree or lessee, as the
case may be, as landlord under the Lease. 
  
 16.15 No Broker 
  
 Tenant represents and
warrants to Landlord that no broker or agent negotiated or was instrumental in consummating the Lease. 
  

 23 

 16.16 Governing Law 
  
 This Lease shall be construed and governed by the laws of the Province of
Ontario and any federal Laws applicable therein. Should any provisions of this Lease or of its conditions be illegal or not enforceable under the Laws of such province it or they shall be considered severable and the Lease and its conditions shall
remain in force and be binding upon the parties as though the said provision or provisions had never been included. Any dispute arising out of the interpretation or application of any provisions of this Lease shall be decided by the appropriate
tribunals located in province of Ontario. 
  
 16.17 Schedules 
  
 The schedules set out
at length in the following pages form an integral part of the Lease and consist of the following: 
  

			
	Schedule “A” -	  	Floor plan
		
	Schedule “B” -	  	Intentionally deleted
		
	Schedule “C” -	  	Defined Terms
		
	Schedule “D” -	  	Utilities and Services
		
	Schedule “E” -	  	Rules and Regulations
		
	Schedule “F” -	  	Intentionally deleted
		
	Schedule “G” -	  	Intentionally deleted
		
	Schedule “H” -	  	Intentionally deleted
		
	Schedule “I” -	  	Bell’s and Andersen’s Exclusivities
		
	Schedule “J” -	  	Landlord’s base Building Work.

  
 ARTICLE 17:
SPECIAL CONDITIONS 
  
 17.1
Condition of the Premises 
  
 Subject to section
17.3, the Premises are being delivered to the Tenant on an “as is “ basis. The Tenant acknowledges having examined the Premises and being satisfied therewith. Tenant acknowledges that it will perform and assume all cost related to any and
all work to be done within the Premises, to the complete exoneration of Landlord. 
  
 17.2 Fixturing Period 
  
 During the period from the signing of this Lease to June 30, 1999, the Tenant shall be permitted to have occupancy of the leased Premises whether
exclusively or in common with the Landlord, its contractors, sub-contractors or employees, in order to do the Tenant’s Improvements and Landlord’s Base Building Work. The Tenant shall be bound by all the provisions of the Lease saving
those requiring the payment of Minimum Rent or the Tenant’s Proportionate Share of Operating Expenses. 
  

 24 

 17.3 Landlord’s Base Building Work 
  
 The Landlord will, at its cost, provide Landlord’s Base Building Work
as set out in Schedule I hereof. Landlord and Tenant shall have joint access (not interfering with each other) to the Premises as of April 1st, 1999 to complete Landlord’s Base Building Work and Tenant’s Improvements. Where possible, Landlord shall complete Landlord’s Base Building Work no later than May 1st, 1999. 
  
 17.4 Tenant’s Improvements 
  

The Tenant shall at its sole expense, perform all the work and provide all the necessary material and equipment to render the Premises complete and to
permit the Tenant to occupy the Premises in accordance with this Lease. Any alterations or improvements carried out in the Premises shall be effected at the sole expense of Tenant and at the complete exoneration of Landlord, and shall only be
undertaken after plans and specifications for the same have been submitted to Landlord for Landlord’s approval and have been approved in writing, which approval shall not be unreasonably withheld. all work required for the Premises, other than
those items expressly included in the Landlord’s Base Building Work, will be provided by the Tenant at its expense. The Tenant shall not be responsible to pay any supervision or administration fees to the Landlord for Tenant’s Improvements
or any subsequent work. The Landlord shall have an opportunity to bid on the construction and project management services required. A list of pre-approved contractors and professionals is to be supplied by the Landlord. 
  
 17.5 Landlord’s Contribution Towards
Tenant’s Improvements 
  
 Provided Tenant has signed
the present Lease and is not in default under any of the provisions of said Lease, the Landlord shall contribute towards the cost of Tenant’s Improvements, installed by or on behalf of the Tenant, up to a maximum of Twenty Dollars ($20.00) per
square foot of the Gross Rentable Area plus applicable Goods and Services Tax. Such contribution shall be payable to the Tenant progressively to match Tenant’s contractors’ invoices and Landlord shall benefit from any holdback provisions
(being at least ten percent (10%). Such holdback shall be payable to Tenant upon proof of payment by the Tenant. Upon payments, the Tenant shall furnish evidence satisfactory to the Landlord of such installation as well as a statutory declaration
confirming that all work and materials have been paid in full and the provisions of the Construction Lien Act have been complied with. 
  
 Should the Tenant’s Improvements be less than Twenty Dollars ($20.00) per square foot of Gross Rentable Area, the balance of the Landlord’s
Contribution shall be credited to the Tenant’s rental account. 
  
 17.6 Option to Renew 
  
 Provided the Tenant is not then in default under any of the provisions of this Lease, the Tenant shall have one (1) option to renew this Lease with respect to the Premises and any additional space leased for an additional term of five
(5) years on the same terms and conditions, save only for the Minimum Rent, any Landlord’s Contribution and any further option to renew. The Minimum Rent during the renewal period will be the fair market rent for renewals, taking into
account all economic inducements and rent for comparable premises in comparable buildings as agreed between the parties, and failing such agreement, as determined by arbitration pursuant to the Arbitration Act, Ontario. To exercise this
Option to Renew, the Tenant shall give written notice to the Landlord no later than nine (9) months prior to the date of expiry of the current Term. The Tenant shall not have the right to assign this option to renew except in conjunction with
the permitted assignment of all of its rights under the Lease. 
  

 25 

 17.7 Right of First Refusal 
  
 Provided the Tenant is not in default under any provisions of this Lease and
subject to any pre-existing rights granted or to be granted to Gowlings, Strathy & Hendersen (such granting to occur no later than August 31, 1999) or pre-existing rights granted to other tenants under leases existing at April 6,
1999, the Landlord hereby grants to the Tenant a right of first refusal to lease, during the Term or any renewal thereof, any adjoining space that may become available to be leased, on the terms and conditions of a bona fide offer to lease
acceptable to the Landlord received from an arm’s length party. The Landlord agrees to deliver a true copy of any such bona fide offer to the Tenant with all reference to the third party tenant being removed. The Tenant shall have five
(5) business days from the date of receipt within which to exercise the right of first refusal to lease the adjoining space referred to in the offer. This right may be exercised by the Tenant’s delivering a Notice in writing of its
acceptance of the terms of the offer to the Landlord, whereupon a binding agreement to lease such premises shall exist between the Landlord and the Tenant. 
  
 If the Tenant does not so exercise this right of first refusal to lease the premises, the premises may thereafter be leased by the Landlord to the person
identified in the bona fide offer and subject to the terms and conditions contained therein, but not otherwise, and if the Landlord and the third party fail to enter into a lease on the terms of the offer within ninety (90) days of the
giving of the notice to the Tenant, the provisions of this section shall apply again and so on from time to time. The Tenant shall not have the right to assign this right of refusal to lease adjoining space except in conjunction with a permitted
assignment of all its rights under the Lease. 
  
 17.8 Parking 
  
 The Landlord shall
provide to the Tenant during the Term of this Lease, fourteen (14) non-reserved parking stalls for use by the Tenant and its employees and staff in the ten (10) story parking facility at the rear of the Building. Rental for such stalls
shall be at the prevailing market rate (currently One Hundred and Forty-Five Dollars ($145.00), each, per month, payable in advance on the 1st day of each and every month during the Term of the Lease and any renewal thereof. Not withstanding the foregoing, the Tenant may take less than fourteen (14) parking stalls initially and any further stall requested by
Tenant shall be subject to availability, but not to exceed fourteen (14). Additional stalls may be available on a monthly basis, subject to availability. Landlord endeavours to favor existing tenants of the Building over third party parkers from
outside the Building. 
  
 17.9 Separate
Listing in Directory 
  
 The Tenant shall be entitled to
two (2) entries on the Building directory. Tenant shall pay for any additional entry. 
  
 17.10 Year 2000 Compliance 
  
 Landlord shall be responsible for Year 2000 compliance of all services furnished by Landlord to Tenant pursuant to this Lease. If Landlord obtains actual
knowledge that any of those services are not Year 2000 compliant, Landlord shall promptly take such measures as are appropriate to cause those services to become Year 2000 compliant, but Landlord shall have no obligations with respect to any failure
of its services that arise because third party systems not under its control are not Year 2000 compliant. 
  

 26 

 17.11 Landlord’s Repairs 
  
 The Landlord shall make repairs from time to time as necessary at its costs,
not to be recovered by way of Operating Expenses (unless such repairs are minor in nature), to the structural elements of the Building, including without limitation the roof, roof membrane, support beams, weight-bearing walls, foundation, exterior
cladding and masonry. 
  
 17.12 Generator
Usage 
  
 The Tenant shall have the right to connect, at
its costs, to the Landlord’s existing generator for the purposes of back-up power to a maximum capacity of twenty (20) kw. Tenant shall pay associated standby charges as well as maintenance fees and operating costs. Tenant shall also be
responsible for any required UPS systems. 
  
 17.13 HVAC Hours and Tariffs 
  
 The
Landlord agrees that the HVAC Hours of Operation for the Building will be: 
  

							
	 Monday - Friday
	 	7:00 am	 	TO	  	7:00 pm
	 Saturday
	 	10:00 am	 	TO	  	4:00 pm

  
 Should the Tenant
require HVAC services outside of these hours, the Landlord will provide such service at a rate of Twenty-Three Dollars ($23.00) per hour. This hourly rate may be adjusted by the Landlord, from time to time, acting reasonably. 
  
 17.14 Exclusivity 
  
 Subject to prior rights granted, the Tenant shall have the right to be the
only tenant on the floor in the business of giving instructor-led computer training courses during the Term of this Lease or any renewal thereof. Provided Tenant is not in default under this Lease, the Landlord will not lease or accept to sublease
any office space in the Building to PPI, Learnquest, GP Learning or CDI Corporate Education Services. 
  
 17.15 Non Disturbance Agreement 
  

The Landlord shall use reasonable efforts to obtain in favour of the Tenant, a non-disturbance agreement from the holders of mortgages or charges on
the Building in a form acceptable to said lenders. 
  
 17.16 Option to lease Storage Space 
  
 17.16.1 Subject to availability, Tenant shall have the option to lease from Landlord during the Term of the lease, for tenants exclusive use and occupancy, approximately seventy (70) square feet of storage space near the loading
facilities in the Building, the exact location to be determined by Landlord. 
  
 17.16.2 The annual rent for such storage space shall be calculated at the market rental rate plus the Goods and Services Tax (G.S.T.) 
  
 17.16.3 Provided Tenant is not in default in virtue of the Lease and in the event Tenant exercises its option to
renew pursuant to Article 17.6 hereof, the said option to renew shall apply to such storage space. The rent for the storage space for the Renewal Period shall be negotiated between parties hereto at such time. 
  
 17.16.4 Any right granted under this Article 17.16 shall be deemed to
be a personal right of Tenant and shall not otherwise be assignable or transferable by Tenant nor shall it pass to or devolve upon any assignee or transferee of this Lease or of the rights granted thereby or subtenant of the whole or a portion of
the premises. 
  

 27 

 ARTICLE 18: ACKNOWLEDGMENT AND SIGNATURES 
  
 THE PARTIES HERETO ACKNOWLEDGE AND DECLARE THAT ALL CLAUSES OF THE LEASE,
INCLUDING THE ATTACHED SCHEDULES, HAVE BEEN DISCUSSED AND NEGOTIATED FREELY BETWEEN THEM AND THAT EACH PARTY HAS RECEIVED ALL NECESSARY LEGAL ADVICE FROM A LEGAL COUNSEL OF ITS CHOICE BEFORE SIGNING AND EXECUTING THE LEASE. 
  

 28 

 SCHEDULE “C” 
  
 DEFINED TERMS 
  

	1.	“Additional Rent” means all sums of money, other than Minimum Rent, payable by Tenant pursuant to the Lease. 

  

	2.	“Authorized Use” means general office use or training facility or both, subject to Bell Canada’s and Andersen Consulting’s exclusivities. Notwithstanding
the above, the delivery of the telecom training by instructors or computer based training would be an authorized use. As well the complimentary offering of continental breakfast in the morning, and afternoon snack, afternoon wine and cheese and
unlimited beverages during the day for staff and clientèle would be an authorized use, and no other use and, as a further limitation to the specific purpose herein set forth, Tenant further agrees that the Premises shall not be used for the
operation of any of the following: 

  

	 	(a)	any business which is or is similar to the business carried on by a bank, or by a trust, acceptance or loan corporation, or by a corporation or organization engaged in the business
of accepting money or deposit or lending money; or 

  

	 	(b)	a telecommunications common carrier, as defined in the Telecommunications Act (Canada) or any business or enterprise involved in or dealing with telecommunications; or

  

	 	(c)	any business offering management consulting or systems integrator services; 

  

	 	(d)	a restaurant, cafeteria, or cocktail lounge business or the sale or delivery of food or beverages; or 

  

	 	(e)	any other activities restricted by the Rules and Regulations. 

  

	3.	“Broker” means the broker set forth in Section 1.11 of the Summary Provisions. 

  

	4.	“Building” shall refer to the Land and to the whole of the buildings, structures, improvements, machinery, equipment and Common Areas erected or installed on the
Land, including the buildings currently bearing the civic address(es) of 160 Elgin Street, Ottawa. 

  

	5.	“Business Taxes” means, ((a) all business, service, water and other taxes, rates, duties, assessments and other charges that are imposed against or in respect of
the Improvements, equipment and facilities of Tenant on or in the Premises or the Building or any part of either of them or Landlord on account of its ownership of or interests in either of them; and ((b) every tax and license fee that is imposed
against or in respect of business carried on in the Premises or in respect of the use or occupancy of the Premises or any part of the Building by Tenant or its subtenants or licensees, or against Landlord on account of its ownership of the Premises
or the Building. 

  

	6.	“Capital Taxes” means an amount of the tax imposed by the federal and provincial tax authorities upon Landlord, or the owner(s) of the Building, (and if the owner
or one of the owners is a partnership, upon the partners of such partnership), which is measured by or based in whole or in part upon the capital, surplus, reserves or indebtedness of such Landlord, owner(s) or partner(s), and including without
limitation any taxes on large corporations. 

  

	7.	“Commencement Date” means the following date: 

  
 July 1st, 1999.

  

 29 

	8.	“Common Areas” means all areas, facilities, systems, improvements or equipment which Landlord provides or designates to service the Building or which are intended
for the common use or enjoyment of the tenants of the Building. Common Areas may or may not be located in the Building and shall include, without limitation, roadways, walkways, sidewalks, landscaped areas, plazas, lobbies, washrooms available for
use of tenants and/or public, open or enclosed pedestrian malls, courts, arcades, tunnels, bridges, truck courts, common loading areas and delivery facilities, driveways, customers and service ramps, stairways, escalators and elevators available for
use by the public or by tenants generally, fire detection, fire prevention and communication facilities, common pipes, electrical, plumbing and other common mechanical and electrical installations, equipment, and services, public seating facilities,
and all other areas and facilities from time to time provided, designated, or made available by Landlord for the use of Tenant and other tenants or members of the public, Landlord expressly reserving the right to eliminate, substitute or rearrange
any or all of the areas so provided and designated without claim by Tenant in respect of any such elimination, substitution or rearrangement. 

  

	9.	“Environmental Laws” means the Laws exclusively or partially governing the environment and its protection or conservation. 

  

	10.	“Expert” means any professional consultant appointed by Landlord who, in the reasonable opinion of Landlord, is qualified to perform the specified function and
where necessary is licensed to perform a specified function in the Province of Ontario. 

  

	11.	“Expiration Date” means the date set forth in Section 1.4 of the Summary Provisions. 

  

	12.	“Gross Rentable Area” or “GRA” means, in connection with the Premises, the area of the Premises expressed in square feet (or square meters) and
measured in accordance with BOMA (ANSI Z65.1-1996) standards of measurement. 

  

	13.	“Improvements” means any alterations, repairs, works, replacements, changes, additions or improvements, including, without limitation any connection of apparatus to
the electrical system (other than a connection to an existing duplex receptacle), to the plumbing lines, to the heating, the air-conditioning or the sprinkler system or any installation of electrical sub-meters. 

  

	14.	“Land” shall refer to ALL AND SINGULAR that certain parcel or tract of land and premises, situate, lying and being in the City of Ottawa, Regional Municipality of
Ottawa-Carleton, and being lot 50 Plan 2996, south side of Gloucester Street; Lots 50, 51, 52, 53 54, 55, 56 and 57 Plan 2996, north side of Nepean Street; Lot A Plan 4556, west side of Elgin Street; and Lots 50, 51, 52, 53, 54, 55, 56 and 57 Plan
4556, south side of Gloucester Street, City of Ottawa, Regional Municipality of Ottawa-Carleton (save and except the lands described in Instrument No. CR571759). 

  

	15.	“Landlord” means TRIZEC HAHN CORPORATION, as agent for Telcom Properties Ltd., and its successors and assigns. 

  

	16.	“Landlord’s Costs” means with respect to any cost incurred by Landlord, the actual amount thereof plus 15% thereof on account of management and overhead.

  

 30 

	17.	“Laws” means: 

  

	 	(a)	constitutions, treaties, acts, codes, ordinances, orders, decrees, edicts, rules, by-laws and regulations, whether municipal, provincial, federal, national, international, foreign
or other; 

  

	 	(b)	judgments, orders, writs, injunctions, rulings, decrees, ordinances and sentences of a tribunal, court, a government agency or a regulation department; 

  

	 	(c)	policies, voluntary restraints, practices or guidelines of a government agency; and 

  

	 	(d)	all provisions of the foregoing, 

  
 which bind or affect the party or Person mentioned therein. The term “Laws” includes Environmental Laws. 
  

	18.	“Lease” refers to the present Agreement of Net Lease. 

  

	19.	“Minimum Rent” means the minimum rent set forth in Section 1.5 and subject to adjustment as set forth in Section 3.2. 

  

	20.	“Mortgagee” means a hypothecary or mortgage creditor (including a trustee for bondholders) of the Landlord holding securities against the Building or part of it or
a ground or underlying lessor. 

  

	21.	“Normal Business Hours” means such hours on such days as Landlord determines and being, on the date hereof, from 8:00 A.M. to 5:00 P.M. of each business day (Sunday
and holidays excluded) and from 8:00 A.M. to 12:30 P.M. on Saturday. 

  

	22.	“Notice” has the meaning set forth in Section 16.12. 

  

	23.	“Operating Expenses” shall mean all costs incurred by Landlord in the management, operation, maintenance, repair, replacement, insurance, or supervision of the
Building and the Common Areas, including without limitation, the following: 

  

	 	(a)	salaries, benefits, pensions and related personnel costs and taxes for employees of Landlord engaged in the management, supervision, maintenance, operation, repair, security or
replacement of the Building and all service contracts (other than management contracts) as well as the fair market rental value of space (in the Building or in another building) that is used by Landlord or its agent or contractor in connection with
the maintenance, repair, administration and management of the Building and any taxes related thereto; 

  

	 	(b)	telephone, telecopier and stationary; 

  

	 	(c)	cleaning, building and cleaning supplies, uniforms and dry cleaning, cleaning of windows and exterior curtain wall; 

  

	 	(d)	snow removal, landscaping, and lighting in the Common Areas; 

  

	 	(e)	garbage waste collection and disposal; 

  

 31 

	 	(f)	electricity, water, steam and other utilities, except as chargeable separately to Tenant under the Lease, and any taxes on utilities which are not recoverable from Tenant under
other provisions of the Lease, and not recoverable from other tenants; 

  

	 	(g)	policing and security; 

  

	 	(h)	rental of any equipment, signs and decorations; 

  

	 	(i)	non-capital costs of heating, ventilating and air-conditioning the Building, including without limitation the cost of operating, repairing, maintaining, replacing and inspecting the
machinery, equipment and other facilities, and the cost of providing condenser water from cooling towers for the HVAC equipment; 

  

	 	(j)	insurance as may be carried by Landlord, such costs to include without limitation premiums, deductibles and other related charges, in respect of or attributable to the Building or
related thereto including without limitation all risk insurance against fire and other perils and liabilities regarding casualties, injuries and damages, boiler and machinery insurance and rental income insurance; 

  

	 	(k)	conservation of energy programs referred to in Schedule “D”; 

  

	 	(l)	depreciation or amortization (on a straight-line basis over the useful life or such other period as reasonably determined by Landlord) of the costs of: 

  

	 	(i)	all capitalized machinery, equipment, or supplies owned by Landlord and used exclusively for the Building; 

  

	 	(ii)	replacements of all facilities serving or comprising the Building which by their nature require periodic replacement and which are not charged fully in the Rental Year in which they
are incurred; and 

  

	 	(iii)	repairs, modifications and Improvements permitted to be charged as Operating Expenses under this Lease which are not charged fully during the Rental Year in which they are incurred.

  

	 	(m)	interest calculated at three percentage (3%) points above the average Prime Rate upon the unamortized portion of the cost of all such items being amortized or depreciated;

  

	 	(n)	repairs, replacements, modernization, additional equipment or Improvements required by law or by Landlord’s insurers or which, in Landlord’s reasonable opinion, may reduce
Operating Expenses or are for the benefit and safety of Building users; 

  

	 	(o)	professional fees except as they relate to the management or leasing of the Building; 

  

	 	(p)	Capital Taxes as Landlord shall allocate to the Building; 

  

	 	(q)	any Taxes not otherwise charged directly to Tenant; 

  

	 	(r)	repairs, maintenance and replacements of every nature to the Building (excluding those referred to in section 10.10 of the Lease); 

  

	 	(s)	an administration fee of 15% of such total costs (excluding Real Estate taxes). 

  

 32 

	24.	“Person” includes any individual, firm, partnership, corporation or other entity or any combination thereof. 

  

	25.	“Premises” means those certain premises described in Section 1.1, with all Improvements, installations and equipment which are attached thereto at the
Commencement Date or during the Term. 

  

	26.	“Prime Rate” means the rate of interest announced by the Royal Bank of Canada as its prime rate for commercial corporate borrowers of demand loans in Canadian
dollars. 

  

	27.	“Proportionate Share of Operating Expenses” means the percentage set forth in Section 1.6, subject to Landlord’s adjustment, and is based on a proportion
established by Landlord between Gross Rentable Area for the Premises and the Gross Rentable Area for the Building. 

  

	28.	“Proportionate Share of Taxes” means the percentage set forth in Section 1.7, subject to Landlord’s adjustment and is based on a proportion established by
Landlord between Gross Rentable Area for the Premises and the Gross Rentable Area for the Building. 

  

	29.	“Rent” means all sums of money payable by Tenant pursuant to the Lease. 

  

	30.	“Rental Year” means the calendar year. However, the first Rental Year shall mean the period from the Commencement Date to December thirty-first, and the final
Rental Year shall mean the period from the end of the next-to-last Rental Year to the date of termination of this Lease. Landlord may by written Notice to Tenant specify an annual date upon which each subsequent Rental Year will commence, in which
event the then current Rental Year for such purposes will terminate on the day preceding such date. 

  

	31.	“Rules and Regulations” means the rules and regulations adopted by Landlord pursuant to Section 16.1. The Rules and Regulations in force on the Commencement
Date of the Lease are those set out in Schedule “E”. 

  

	32.	“Sales Taxes” means any and all goods and services, sales, value-added, multi-stage consumption, use Taxes (such as, without limitation, the Goods and Services Tax
(G.S.T.)) and any other similar taxes imposed on Landlord or Tenant with respect to Rent, to the Lease, to the goods and services provided by Landlord under the Lease including without limitation the rental of the Premises or administrative services
provided to Tenant or to tenants generally. 

  

	33.	“Security” means collectively the guarantees, the fixed and floating charges, mortgages, debentures or hypothecs and other security granted by Trizec Hahn
Corporation, and/or Telcom Properties Ltd., their successors and assigns in favour of the Trustee. 

  

	34.	“Specified Date” means such date as may be specified by Notice from Landlord to Tenant. 

  

	35.	“Surety” NOT APPLICABLE. 

  

	36.	“Taxes” means all real estate taxes, Business Taxes, water or services taxes, rates and assessments, and other taxes, charges, duties, levies or fees imposed by any
lawful authority (whether municipal, provincial, parliamentary or otherwise) against the Building or any part thereof (including any accessories and Improvements), or in respect of the Common Areas, or upon Landlord in respect thereof, including,
where applicable, all taxes, surtaxes, rates, assessments, duties, levies, fees, charges and impositions, general and special, levied or imposed for schools, public betterment, general or local improvements, save and except for Landlord’s
Capital Taxes (which are included in Operating Expenses) and income taxes. 

  

 33 

 If the system of taxation now in effect is altered and any new tax, surtax, or levy whatsoever is imposed
or levied on the Building or its owner(s) or on revenues from the Building, in substitution for or in addition to Taxes presently levied or imposed on immovables in the City where the Building is located, the term “Taxes” shall include
such new tax, surtax or levy. 
  
 Landlord shall have the right
from time to time to allocate and re-allocate Taxes among areas within the Building, provided such allocations are not inconsistent with legislation dealing with assessment and taxation matter from time to time. 
  

	37.	“Tenant” means LEARNING TREE INTERNATIONAL INC. and its successors or permitted assigns. 

  

	38.	“Term” means the period starting on the Commencement Date and terminating at 11:59 p.m. on the Expiration Date, subject to the terms and conditions set forth
herein. 

  

	39.	“Trustee” means CIBC Mellon Trust Company and its successors and assigns. 

  

 34 

 SCHEDULE “D” 
  
 UTILITIES AND SERVICES 
  

	1.	Cleaning 

  
 Landlord shall, Monday through Friday except holidays in each week, cause the office portion of the Premises, excluding storage areas and private
washrooms, to be adequately cleaned, provided the same are kept in order by Tenant. Such cleaning may be done between the hours of 5:00 P.M. and 6:00 A.M. Windows shall be cleaned as Landlord shall determine. 
  

	2.	Elevators 

  

	 	(a)	Landlord shall provide and maintain in working order automatic passenger elevators for operation between the hours of 7:30 A.M. and 6:30 P.M. of each business day, except Saturdays
when the hours shall be from 8:00 A.M. to 1:00 P.M., and one such passenger elevator will be subject to call at all other times. Landlord shall be under no obligation to provide operators for any such passenger elevators and the fact that Landlord
may in its discretion provide operators shall in no way obligate Landlord to continue such provision. 

  

	 	(b)	Freight service will be provided at such hours as Landlord may designate 

  

	 	(c)	Tenant shall have the use of the elevators in common with others but Landlord shall not be liable for any damage caused to Tenant and its officers, agents, employees, servants,
visitors or licensees by such others using the elevators in common. 

  

	3.	Electric Current 

  

	 	(a)	Landlord, subject to its ability to obtain the same from its principal supplier and to the needs of Landlord and co-tenants, shall cause the Premises to be supplied with electric
current for lighting and power. Landlord shall permit its wires and conduits, (being normal office lighting and duplex receptacles) to be used for such purpose. 

  
 The obligation of Landlord hereunder shall be subject to any rules or regulations to the contrary of the authority providing
electricity or any other municipal or governmental authority. 
  

	 	(b)	As an alternative to the foregoing and at Landlord’s discretion, Tenant shall arrange at its expense, directly from the authority providing the same, for the supply of electric
current which Tenant shall pay for directly to such authority. Subject to the needs of Landlord and co-tenants, Landlord shall permit its wires and conduits, (being normal office lighting and duplex receptacles) to be used for such purpose.

  

	 	(c)	Tenant’s use of electric current shall never exceed the safe capacity of existing electrical wiring in the Premises. Any special wires and conduits for Tenant’s special
equipment and any required sub-meters shall be supplied and installed by Tenant at its expense. 

  

	 	(d)	At Landlord’s option, Tenant shall purchase from Landlord all lamps, bulbs and ballasts used in the Premises, and to pay for such lamps, bulbs and ballasts and the cost of
installation thereof. Any such payment by Tenant shall constitute final acceptance by Tenant of the price therefor and shall be final and binding and without return for any reason. 

  

 35 

	4.	Energy Conservation 

  
 Tenant shall co-operate with Landlord and shall participate in the implementation of programs relating to the conservation of energy and recycling of any
materials in the Building. 
  

	5.	Drinking Water, Towels and Other Services 

  
 At Landlord’s option, Landlord shall be the sole supplier of drinking water, towels and any other services or materials, the right to furnish any
such services or materials being hereby expressly reserved to Landlord. When such services or materials shall be furnished by Landlord, prices shall be competitive and accounts therefor shall be rendered by Landlord at such time as it may elect and
shall be immediately payable by Tenant as Additional Rent. Any such payment by Tenant shall constitute final acceptance by Tenant of the price therefor and shall be final and binding and without return for any reason. 
  
 In the event that Landlord should elect not to furnish any such services or
materials, only persons authorized by Landlord will be permitted to furnish them to Tenant at Tenant’s sole cost and expense, and only at hours and under regulations fixed by Landlord. 
  

	6.	Heating or Air-conditioning 

  

	 	(a)	Landlord shall provide during the hours as stipulated in Section 17.13 of the Lease a constant supply of air that is filtered and humidified and either heated or cooled as
conditions may require. 

  

	 	(b)	Landlord shall be under no obligation to operate the air-conditioning system in excess of what may be, in its opinion, reasonable and normal in the circumstances, provided always,
however, that the obligations of Landlord hereunder shall be conditional upon the following: 

  

	 	(i)	Tenant keeping all exterior windows closed at all times and blinds fully drawn on all windows exposed to the sun during the cooling cycle, and keeping all registers free from
obstruction so as to permit the proper flow and circulation of air therefrom. 

  

	 	(ii)	the average amount of electrical energy consumed by lights and machines in the Premises not exceeding two (2) Watts per square foot; and 

  

	 	(iii)	the occupancy of the Premises not exceeding one person per hundred square feet of space. Notwithstanding the foregoing the occupancy of the premises may exceed one (1) person
per hundred square feet of space, but not more that two (2) persons per hundred square feet of space, provided Tenant assumes all additional costs associated thereto, namely HVAC and electricity. 

  

	 	(c)	All individual controls required by Tenant shall be installed at Tenant’s expense. 

  

	 	(d)	In case Landlord deems it necessary to run portions of the system through the Premises in order to serve other tenants, Tenant shall permit Landlord and its agents and contractors
to perform such work in the Premises. 

  

	 	(e)	Nothing contained in this Schedule or in the Lease shall be deemed to create any obligation of Landlord to furnish electricity, heating, air-conditioning or any other services to
Tenant to the extent these are required by the use in the Premises of special equipment such as computers or other electrical or similar equipment or by the existence in the Premises of electrical, computer, storage or equipment rooms.

  

 36 

 SCHEDULE “E” 
  
 RULES AND REGULATIONS 
  

	1.	Tenant shall not perform any acts or carry on any practices which may damage or injure the Premises or be a nuisance or menace to other tenants or users of the Building or make or
permit any improper noises, odors, smoke or vibrations in the Building or in the Premises and shall forthwith upon request by Landlord discontinue all acts or practices in violation of this clause and repair any damage or injury caused thereby.
Without limiting the generality of the foregoing, Tenant shall utilize no medium which can be heard or experienced outside the Premises. 

  

	2.	Tenant shall not cause unnecessary labour by reason of carelessness and indifference to the preservation of good order and cleanliness in the Premises and in the Building.

  

	3.	No animals shall be brought or kept in or about the Building. 

  

	4.	Canvassing, soliciting and peddling in the Building is prohibited and Tenant shall co-operate to prevent the same. 

  

	5.	The sidewalks, entries, passages, escalators, elevators and staircases shall not be obstructed or used by Tenant or its clerks, servants, agents, visitors or licensees for any other
purpose than ingress to and egress from the Premises. Nothing shall be thrown by Tenant, its clerks, servants, agents, visitors or licensees, out of the windows or doors, or into the entries, passages, escalators, elevators or staircases of the
Building. Landlord reserves entire control of the sidewalks, entries, passages, escalators, elevators, staircases, and corridors which are not expressly included within this Lease, and shall have the right to make such repairs, replacements,
alterations, additions, decorations and improvements and to place such signs and appliances therein, as it may deemed advisable, provided that ingress to and egress from the Premises is not unduly impaired thereby. 

  

	6.	Tenant shall use and cause any third party to use the facilities designated by Landlord to receive, deliver, or move any material, furniture or equipment within, in or out of the
Premises or the Building, as the case may be. 

  

	7.	Landlord shall have the right to prohibit any advertising of or by Tenant, which in its opinion, tends to impair the reputation of the Building or its desirability as a building for
offices or for financial, insurance and other institutions and businesses of a like nature. Upon written Notice from Landlord, Tenant shall refrain from or discontinue such advertising. 

  

	8.	No sign, advertisement or notice shall be inscribed, painted or affixed on any part of the outside or inside of the Building, (except within the Premises) except on the directories
and doors of offices, and then only of such size, colour and style as Landlord shall determine and approve. 

  

	9.	The sashes, sash-doors, windows, glass doors and the lights and skylights that reflect or admit light into the halls or other places in the Building shall not be covered or
obstructed, nor shall anything, whether books, packages, flower pots or any other articles whatsoever, be placed upon or hung from the window sills. Without limiting the generality of the foregoing, Tenant shall not apply or attach to the windows of
the Premises any material, substance or thing, of any nature whatsoever and shall specifically refrain from applying any film, solar or otherwise, to the said windows. 

  

	10.	 Tenant shall not sell or permit the sale at retail, of newspapers, magazines, periodicals, theatre tickets, lottery tickets or such articles as are customarily sold
in tobacco shops, soda fountains or lunch counters, or any other goods, wares or merchandise whatsoever, excluding software 

  

 37 

	 	 
produced by the Tenant or technology textbooks, in or from the Premises. Tenant shall not carry on or permit or allow any employee or other person to carry
on the business of stenography, typewriting or any similar business in or from the Premises for the service or accommodation of the occupants of any other portion of the Building, or the business of a public barber shop or a manicuring or
chiropodist business, or the business of a restaurant, a cafeteria, a cocktail lounge, or food or beverages delivery or sale, or any business other than that specifically provided for in this lease. 

  

	11.	Tenant shall not allow smoking in the interior Common Areas (including without limitation in staircases, washrooms, and emergency exits), except in areas, if any, expressly
designated by Landlord for such purpose. Tenant is encouraged to adopt a similar non-smoking policy in respect of the Premises. If Tenant allows smoking in the Premises, Tenant shall be responsible for complying with all applicable Laws and for the
installation, at its cost, of an adequate ventilation system, to Landlord’s satisfaction. 

  

	12.	The workmen of Landlord must be employed by Tenant at Tenant’s expense for repairs, painting, lettering, interior moving and other similar work that may be done on the
Premises. 

  

	13.	Tenant shall not mark, paint, drill into or in any way deface the walls, ceilings, partitions, floors, woods, stone or iron work, or any other appurtenance to the Premises.

  

	14.	Tenant shall not install window shades of any colour other than the typical colours from time to time approved by Landlord. Tenant shall not install curtains or venetian blinds
without the approval of Landlord. 

  

	15.	Tenant shall not lay linoleum, rubber, cork or other floor covering so that the same shall come in direct contact with the floor, and if linoleum, rubber, cork or other floor
covering is desired to be used, an interlining of builder’s deadening felt shall be first affixed to the floor by a paste or other adhesive which may be readily removed with water. 

  

	16.	The water and wash closets and urinals shall not be used for any other purpose than the purposes for which they were respectively constructed, and the expense of any breakage,
stoppage, or damage resulting from a violation of this rule by Tenant or its clerks, agents, servants, visitors or licensees, shall be borne by Tenant. 

  

	17.	If any apparatus used or installed by Tenant requires a permit as a condition for installation, Tenant must file such permit with Landlord. 

  

	18.	All persons entering and leaving the Building between the hours of 7:00 P.M. and 8:00 A.M. on business days, and all persons entering and leaving the Building on Saturdays, Sundays
and holidays, shall register with Landlord in a manner established from time to time by Landlord. Between the hours of 7:00 P.M. and 8:00 A.M. on business days, and on Saturdays, Sundays and holidays, Landlord will have the right to prevent any
person from entering or leaving the Building unless provided with a key or an electronic pass to the Premises to which such person seeks entrance, or a pass issued and signed by Tenant upon the letterhead of Tenant and countersigned by Landlord. Any
persons found in the Building at such times without such keys or passes will be subject to the surveillance of the employees and agents of Landlord. This rule is made for the protection of Tenant, but Landlord shall be under no responsibility for
failure to enforce it. 

  

	19.	 Landlord shall have power to prescribe the weight and position of safes and other heavy equipment, which shall be placed and stood only on such plank strips or
skids or element of the structure, as Landlord may prescribe, to distribute the weight properly. All damage done to the Building by taking in or moving out a safe or any other Article of Tenant’s equipment or 

  

 38 

	 	 
merchandise, or due to its being on the Premises, shall be repaired at the expense of Tenant. The moving of safes shall occur only during such hours as
Landlord may from time to time establish and upon previous Notice to Landlord, and the persons employed to move the safes in and out of the Building must be acceptable to Landlord. Safes will be moved through the halls and corridors only upon steel
bearing plates. No freight or bulky matter of any description will be received into the Building or carried in the elevators, except during hours approved by Landlord. 

  

	20.	Notice shall be given by Tenant to Landlord with respect to Tenant’s intention to place any heavy material or thing within the Premises and all details and specifications
thereof shall be supplied to Landlord’s structural engineers for its approval. Any and all engineer’s costs for consultation shall be borne by Tenant. 

  

	21.	Tenant agrees to observe all reasonable Rules and Regulations regarding the security and protection of the Building and the tenants thereof including without limitation the right of
Landlord to search the Person of and/or any Article carried by any Person entering or leaving the Building. 

  

	22.	Tenant agrees that the Rules and Regulations hereinabove stipulated, and such other and further Rules and Regulations as Landlord may make, being in its judgment needful for the
reputation, safety, care or cleanliness of the Building and Premises, or the operation, maintenance or protection of the Building and its equipment, or the comfort of tenants, shall be faithfully observed and performed by Tenant, and by its clerks,
servants, agents, visitors and licensees. Landlord shall have the right to change said rules and to waive in writing or otherwise, any or all of the said rules in respect of any one or more tenants, and Landlord shall not be responsible to Tenant
for non-observance or violation of any of said Rules and Regulations by any other tenant or other Person. The provisions of the Rules and Regulations shall not be deemed to limit any obligation or provision of this Lease to be performed or fulfilled
by Tenant. 

  

 39 

 SIGNED by Landlord as of the 25th day of June 1999. 
  

			
	 TRIZEC HAHN CORPORATION, as agent for
 Telcom Properties Ltd.

	Landlord
		
	Per:	 	 /s/ William R. C. Tresham

	Name:	 	William R.C. Tresham
	 	 	Duly authorized
		
	Per:	 	 /s/ Jean-Pierre Riel

	Name:	 	Jean-Pierre Riel
	 	 	Duly authorized

  
 SIGNED by Tenant as of the 14 day of June 1999. 
  

			
	LEARNING TREE INTERNATIONAL INC.
	Tenant
		
	Per:	 	 /s/ David Booker

	Name:	 	David Booker
	Title:	 	President
		
	Per:	 	 /s/ Scott G. Elliott

	Name:	 	Scott G. Elliott
	Title:	 	Controller

  

 40 

 SCHEDULE “I” 
  
 BELL’S AND ANDERSEN’S EXCLUSIVITIES 
  
 EXCLUSIVITIES 
 ANDERSEN CONSULTING 
  
 Provided that Tenant is
not in default under this Lease and provided further that Tenant is itself in occupancy of at least two (2) full floors in the Building, the Landlord will not lease or accept to sublease any office space in the Building to EDS, IBM, SHL System
House or DMR. It is agreed and understood however that this restriction shall not apply to any lease entered Into by the Landlord prior to the signing of this Lease or to any assignment or sublet, renewal or extension of any such lease. 

 
 Landlord may lease to all business units of Ernst & Young. Arthur
Andersen, KMPG, Price Waterhouse Coopers and Deloitte Touche (“Big 5 Competitors”) provided that (a) such entities shall not have any signage rights other than identification on the Building’s pylon sign, as may be modified from
time to time by Landlord; (b) such Identification on such pylon sign shall not be larger than Tenant’s identification on such sign; and (c) Landlord may not grant such pylon sign identification unless the Big 5 Competitor leases a
minimum of two full floors of the Building or its square footage equivalent. 
  
 EXCLUSIVITIES 
 BELL CANADA 
  
 Exclusivity: With the intent that this covenant shall run with and bind the Building to the benefit of the Premises,
the Landlord agrees that after the Commencement Date it will not enter into any lease, licence or other arrangement for the occupancy or use of any part of the Building with a Competitor nor shall the Landlord permit any part of the Building to be
used or occupied by any Competitor; without limiting the generality of the foregoing, no Competitor shall be entitled to any signage, display, naming, identification or other presence of any nature whatsoever in or on the Building or any part
thereof nor shall the Landlord allow any Competitor to participate in any sponsorship arrangement or package in connection with the Building. For greater certainty, the Tenant agrees that this restrictive covenant shall not be applicable or
enforceable if its application or enforcement shall constitute or cause the breach of any Applicable Laws and this covenant is not intended to apply or to be enforceable to the extent that it would give rise to any offence under the Competition
Act (Canada), or any statute that may be substituted therefor or may be enacted with similar intent. The Landlord agrees that the Tenant shall be entitled to injunctive relief if this covenant is breached. Notwithstanding the foregoing, it is
agreed that if the Landlord enters into a lease with a Person who at the time such lease is entered into is not a Competitor, but who thereafter becomes a Competitor, the existence of such lease, and the exercise of the rights of such Person
thereunder, shall not constitute a breach of this Section 17.2 and the Landlord shall be entitled to renew such Lease with such Person and to lease additional space in the Building to such Person notwithstanding that it is at such time a
Competitor. The Tenant shall fully indemnify and save harmless the Landlord from all Losses arising from or out of the exclusivity rights granted to the Tenant pursuant to this Section 17.2. 
  

 41 

 SCHEDULE “J” 
  
 LANDLORD’S BASE BUILDING WORK 
  
 The following outline describes the extent of the Landlord’s Base Building Work on a typical floor.

  

	1.	Floors: Remove existing carpet and ensure floor is clean ready to accept tenant’s new carpet or floor coverings. 

  

	2.	Ceilings: Replace or repair all damaged ceiling tiles. Minimum ceiling height requirement is 8 feet 6 inches. Replace or repair damaged, disfigured or discoloured
T-Bars. All T-Bars to be same colour. 

  

	3.	Suite Entry Doors: Building Standard entrance complete with full height glass doors and frame. If required by Ontario Building Code, panic hardware to be installed by
Landlord on all exit doors (save for main entrance door). 

  

	4.	Demising Walls: Demising walls taped and sanded ready for tenant finishes. Columns similar. Tenant demising partions should be rated with a 1 hr rated fire separation.

  

	5.	Lighting: Existing basic open office layout relocatable overhead light fixtures with existing egg crate lens. Providing one light fixture for every 50 square feet
leased. All egg crates lens to be cleaned and free of dust and debris. 

  

	6.	Sprinkler: A sprinkler distribution is located within the ceiling plenum to provide sufficient coverage for normal office use based upon an area landscape basis. Any
modifications required shall be at Tenant’s expense. 

  

	7.	HVAC: Building Standard heating and cooling system distributed on an open area landscape basis. Any modifications shall be at Tenant’s expense. Ductwork
modifications required by the Tenant shall be part of Tenant Improvement costs. 

  

	8.	Electrical: Typical floor electrical room with existing panels and power source for tenant overhead power distribution. Existing junction boxes provided within ceiling
plenum 

  

	9.	Telephone: Typical floor telephone room service for tenant overhead telephone distribution. 

  

	10.	Washrooms: Men’s and women’s barrier-free washrooms on each floor. 

  
 There are four (4) washrooms per floor, two (2) of which are “barrier-free”, as follows: 
  

											
	 	  	Barrier free

	  	 	  	Regular

	 	  	M	  	F	  	 	  	M	  	F
	 # water closets
	  	2	  	4	  	 	  	3	  	5
	 # urinals
	  	2	  	n/a	  	 	  	2	  	n/a

  
 Men’s and women’s
barrier-free washroom shall be accessible on the floor. Washrooms on the North side of the floor would be considered private washrooms, not for public use. 
  

	11.	Window Coverings: Basic venetian blind on all typical floor windows to be cleaned and reconditioned as per Building Standard. 

  

 42EXHIBIT 10.6

 Exhibit 10.6 
  
 CROWN POINTE OFFICE LEASE 
  
 THIS LEASE, made as of this 17th day of October 2000, by and between CROWN POINTE, LLC, a Georgia limited liability company
(herein called “Landlord”), and LEARNING TREE INTERNATIONAL USA, INC., a Delaware corporation (herein called “Tenant”). 
  
 W I T N E S S E T H: 
  
 1. FUNDAMENTAL LEASE PROVISIONS: 
  
 The terms defined herein are an integral part of this Lease: 
  
 A. “Premises”: Landlord, for and in consideration of the covenants, agreements and stipulations of Tenant
herein contained, has leased and rented, and by these presents leases and rents unto Tenant, and Tenant hereby agrees to lease from Landlord, that certain space (herein called “Premises”) shown on the floor plan attached hereto as
Exhibit “A” and made a part hereof and situated on the Eleventh (11th) floor of the office
building located at 1050 Crown Pointe Parkway (herein called “Building”) and known as Suite 1100, Atlanta, Georgia, with no easement for light, air or view included in the Premises. The Premises shall include the appurtenant right to the
use, in common with others, of lobbies, entrances, stairs, corridors, elevators and other public portions of the Building. All the windows and outside wall of the Premises and any space in the Premises used for shafts, pipes, conduits, ducts,
electric or other utilities, sinks or other Building facilities, and the use thereof and access thereto through the Premises for the purposes of operation, maintenance and repairs, are reserved to Landlord. 
  
 B. “Base Rent”: shall mean Three Hundred Eighty Eight
Thousand Seven Hundred Sixty Nine and 00/100 Dollars ($388,769.00) per annum, payable in equal installments, in advance, on the first day of each calendar month, at the rate of Thirty Two Thousand Three Hundred and Ninety Seven and 42/100 Dollars
($32,397.42) per month, subject to escalation as more particularly described on Exhibit “G”. 
  
 C. “Base Year”: shall mean 2001. 
  
 D. “Square Feet in the Building”: shall mean 270,023 square feet, and includes the Building common areas. 
  
 E. “Square Feet in the Premises”: shall mean Sixteen
Thousand Nine Hundred Three (16,903) rentable square feet, including Tenant’s pro rata share of Building common areas, and approximately Fifteen Thousand Two Hundred and Thirteen (15,213) usable square feet. 
  
 F. “Tenant’s Percentage” or “Tenant’s
Share”: shall mean Six and 26/100 percent (6.26%). 
  
 G.
“Land”: shall mean that certain parcel of real property as is more particularly described on Exhibit “D” attached hereto and made a part hereof. 
  
 H. “Project”: shall mean all improvements now or hereinafter constructed on the Land, including, without
limitation, the Buildings known as 1040 and 1050 Crown Pointe Parkway (Phase I & Phase II) and any common areas or improvements, parking areas or parking decks as described in Exhibit “D”. 
  
 I. “Deposit”: shall mean Thirty Two Thousand Three Hundred
and Ninety Seven and 00/100 Dollars ($32,397.00). 
  
 J.
“Term” or “Lease Term”: as defined in Paragraph 2 below. 
  
 K. “Commencement Date”: as defined in Paragraph 2 below. 
  
 L. “Landlord’s and Tenant’s Mailing Addresses”: as set forth in Paragraph 22 below 
  
 M. “Use of Premises”: for general office purposes and
business technology-related training and related classes. 
  

 1 

 2. TERM: 
  

Tenant shall construct or install in the Premises the improvements to be constructed or installed by Tenant pursuant to Exhibit “B”
attached hereto and made a part hereof. The term of this Lease (herein called “Term”) shall commence on (the date of such commencement being herein called the “Commencement Date”) the full execution of this Lease and the delivery
of the Premises to Tenant by Landlord. Unless sooner terminated as herein provided, the Lease Term shall expire on the last day of the 120th full month following the Rent Commencement Date (defined below). 
  
 Within a reasonable time of Landlord’s delivery of the Premises to Tenant, Landlord shall furnish to Tenant a Commencement Date Agreement in the form attached as Exhibit “C” and made a part
hereof. Tenant shall execute the Commencement Date Agreement and return a signed copy to Landlord within five (5) days of its receipt of the same. As of the Commencement Date and subject to Landlord’s removal, at Landlord’s expense,
of the existing improvements in the Premises, Tenant takes and accepts from Landlord the Premises “as is”, upon the terms and conditions herein contained, Tenant agreeing that such condition is suited for the uses intended by Tenant. This
Lease shall be effective and enforceable as between the parties hereof upon its execution and delivery. 
  
 3. BASE RENT AND DEPOSIT: 
  
 A. Commencing on March 1, 2001 (the “Rent Commencement Date”), and continuing on the first day of each and every calendar month thereafter
during the Lease Term, in advance and without notice, Tenant shall pay to Landlord the Base Rent for the Premises. The Base Rent for any fractional month shall be prorated on a per diem basis. “Rent” (which term shall include Base Rent as
herein described and additional rent payable under Paragraphs 4, 5, 13.B and 13.F hereof or elsewhere herein) shall be paid to Landlord, without deduction or offset, in lawful money of the United States of America at the offices of Landlord or its
Building manager located in the Building, or to such other person or at such other place as Landlord may from time to time designate in writing. On the date of execution hereof Tenant shall deposit with Landlord the Deposit. 
  
 Nothing contained herein shall require Landlord to accept any tender of
payment from Tenant for less than the full amount then due under this Lease, including any and all late charges, interest and attorney’s fees that may then be due from Tenant in accordance with the express terms of this Lease. Landlord may
elect to accept less than the full amount then due from Tenant hereunder; however, no payment by Tenant or receipt by Landlord of such lesser amount shall be deemed to be other than payment on account, and no restrictive endorsement or statement on
any check or payment shall be deemed to alter the express provisions of this Lease, nor constitute an accord and satisfaction. Landlord may accept less than the full amount then due from Tenant without prejudice to Landlord’s right to recover
the balance of the full amount then due, or to pursue any other remedies then available to Landlord under this Lease or applicable law. In all events, including but not limited to Landlord’s acceptance of a partial payment from Tenant, any
payment accepted by Landlord from Tenant shall be applied first to retire the oldest receivables due from Tenant hereunder, then to any current rental or other payment then due hereunder, and the balance, if any, will be applied to any rental or
other payment which will become due from Tenant hereunder. 
  
 B.
The Deposit shall be held by Landlord as security for the faithful performance and observance by Tenant of all of the agreements, covenants, conditions and provisions of this Lease to be performed or observed by Tenant, and Tenant shall not be
entitled to any interest thereon. In the event no event of default has occurred under the Lease during the first three months following the Commencement Date, Landlord shall apply a portion of the Deposit equal to $22,397.00 toward the Monthly Base
Rent accruing under the Lease for the second full month of the Lease Term following the Rent Commencement Date. Landlord shall be entitled to retain the balance of the Deposit in the amount of $10,000.00 for the remainder of the Term pursuant to the
terms of this Lease. In the event Tenant fails to perform or observe any of the agreements, covenants, conditions and provisions of this Lease to be performed or observed by it, then at Landlord’s option, Landlord may, but shall not be
obligated to, apply the Deposit, or so much thereof as may be necessary, to remedy any such failure by Tenant. Tenant shall immediately upon request pay to Landlord any sum necessary to restore the Deposit to the full amount specified in paragraph
1I. Any remaining portion of the Deposit shall be returned to Tenant following the termination of this Lease within thirty (30) days after such termination. 
  
 4. REIMBURSEMENT FOR OPERATING EXPENSES OF LANDLORD: 
  
 A. In addition to the Base Rent payable under Paragraphs 3A and 1B hereof, Tenant agrees to reimburse Landlord (as
additional rent hereunder) for Tenant’s Share of all operating expenses (the “Operating Expenses”) as described in Exhibit “F” attached hereto and by this reference made a part hereof, of maintaining and operating
(directly or indirectly) the Building over and above the Base Year Operating 
  

 2 

 Expenses. Operating Expenses shall include (1) all costs of labor, materials, insurance, supplies, equipment, tools
and services for the management, operation, maintenance and repair of the Project as a first-class office building in metropolitan Atlanta, Georgia, including, without limitation, the rental value of Landlord’s office in the Project (not to
exceed 2,000 rentable square feet); (2) all real estate taxes, assessments and other governmental levies and charges, general and special, ordinary and extraordinary, unforeseen as well as foreseen, of any kind and nature (including any
interest on such assessments whenever the same are permitted to be paid in installments) which may presently or hereafter be imposed, levied, assessed or confirmed by any lawful taxing authorities or which may become due and payable out of or for,
or which may become a lien or charge upon or against the whole, or any part, of the Project, Land, Building and all other improvements now or at any time during the Lease Term constituting a part of the Project, or any taxes in lieu thereof which
would be payable even if the Project were the sole property of Landlord and the income from the Project were the sole income of Landlord (all of which real estate taxes, assessments, levies, charges and costs are hereafter collectively referred to
as “Taxes”); Landlord shall have the sole, absolute and unrestricted right, but not the obligation, to contest the validity or amount of the taxes by appropriate proceedings, and if Landlord shall institute any such contest of its own
volition, it shall have the sole, absolute and unrestricted right to settle any contest, proceeding or action upon whatever terms Landlord may, in its sole discretion, determine; and (3) cost, amortized over such reasonable period as Landlord
shall determine, together with interest at the rate of one percent (1%) per annum above the prime rate charged by SunTrust Bank from time to time on the unamortized balance, of any capital improvements or structural alterations made to the
Building by Landlord that reduce or limit costs of any item of Operating Expenses or are required under any governmental law or regulation first enacted after the Commencement Date or by Landlord’s insurance carrier; provided, however, that
Operating Expenses shall not include costs of tenant improvements, real estate brokers’ commissions, interest directly related to financing the Project, costs of services directly recoverable from tenants in the Building and capital items,
except the cost of capital improvements specified above. Landlord and Tenant hereby acknowledge and agree that some common area expenses may be incurred generally with respect to the Project, as opposed to being allocable solely to the Premises or
to the Building in which the Premises is located. The Building known as 1050 Crown Pointe Parkway shall be allocated fifty-six and no/100 percent (56%) of any such common area expenses attributable to, or allocable to the common area of The
Project. Tenant agrees to reimburse Landlord for Tenant’s proportionate share of Operating Expenses of the Project over Base Year Operating Expenses. 
  
 B. Tenant’s Share of the Operating Expenses (herein called “Tenant’s Operating Expenses”) shall be in an amount equal to the product
obtained by multiplying the total Operating Expenses during each calendar year of the Lease Term in excess of the Base Year Operating Expenses by Tenant’s Percentage. Tenant’s Operating Expenses shall be paid by Tenant as additional rent
hereunder. For each calendar year or part thereof occurring during the Lease Term subsequent to the Base Year, Landlord shall have the right to make a good faith estimate of Tenant’s Operating Expenses for the upcoming calendar year and upon
fifteen (15) days’ notice to Tenant to require the payment by Tenant of one-twelfth (1/12th) of such amount on the first (1st) day of each month during the calendar year in question. By May 1 of each calendar year following
the year in which the Lease Term commences, or as soon thereafter as practical, Landlord shall furnish to Tenant a statement of Operating Expenses for the prior calendar year, including therein the calculation of any additional amount owed by Tenant
to Landlord, which amount shall be promptly paid by Tenant to Landlord as additional rent. At Landlord’s option, any amounts owed by Landlord to Tenant shall be refunded or applied against Rent due under the Lease. If, for any reason other than
the default of Tenant, this Lease shall terminate on a day other than the last day of a calendar year, the additional rent payable by Tenant pursuant to this Paragraph shall be prorated on the basis which the number of days from the commencement of
such calendar year to and including such termination date bears to three hundred sixty-five (365). During any calendar year, Landlord may revise Tenant’s Operating Expenses which are currently being paid if it appears to Landlord that the
actual Operating Expenses will vary from the anticipated Operating Expenses by five percent (5%) or more. 
  
 C. Notwithstanding the foregoing terms and conditions of Sections 4.A and 4.B above, except as described below, from and after the Base Year, Landlord and
Tenant hereby agree that, for purposes of calculating Tenant=s pro rata share of Operating Expenses, the aggregate Operating Expenses (except for Uncontrollable Costs, as hereinafter defined) shall be deemed not to increase by more than six percent
(6%) from one calendar year to the next calendar year, regardless of any actual increases in Operating Expenses. Notwithstanding the foregoing limitation, (i) the components of Operating Expenses related to Taxes, utilities costs to the
Building, Project or Premises, and insurance premiums related to or payable in connection with the Building, Project or Premises (all of the foregoing are herein collectively referred to as “Uncontrollable Costs”) shall not be subject to
any limitation or cap, and there be no limit on the amounts of Operating Expenses related to Uncontrollable Costs that can be passed on by Landlord to Tenant or that shall be due of Tenant at any time and from year to year, and (ii) no specific
line item of Operating Expenses shall be subject to any limitation or cap. 
  
 D. Provided that no event of default shall have occurred and be continuing on the part of Tenant 
  

 3 

 under this Lease, and Operating Expenses shall have increased by more than six percent (6%) over the Operating
Expenses for the preceding calendar year, Tenant shall have the right, during the sixty (60) day period following delivery of Landlord’s accounting statement pursuant to Section 4.B, at Tenant’s sole cost, to review in
Landlord’s offices Landlord’s records of Operating Expenses for the subject calendar year. Such review shall be carried out only by regular employees of Tenant or by a major national accounting firm and not by any other third party. No
person conducting such an audit shall be compensated on a “contingency” or other incentive basis. If, as of the sixtieth (60th) day after delivery to Tenant of Landlord’s accounting statement, Tenant shall not have delivered to
Landlord an Objection Statement (as defined below), then such Landlord’s accounting statement shall be final and binding upon Landlord and Tenant, and Tenant shall have no further right to object thereto or to obtain any further review or
accounting thereof, all of which rights Tenant expressly waives. If within such sixty (60) day period, Tenant delivers to Landlord a written statement specifying objections to such Landlord accounting statement (an “Objection
Statement”), then Tenant and Landlord shall meet to attempt to resolve such objection within ten (10) days after delivery of the Objection Statement. If such objection is not resolved within such ten (10) day period, then either party
shall have the right to require that the dispute be submitted to binding arbitration under the rules of the American Arbitration Association. Notwithstanding that any such dispute remains unresolved, Tenant shall be obligated to pay Landlord all
amounts payable in accordance with this Section (including any disputed amount). If such dispute results in an agreement or an arbitrator’s determination that Tenant has underpaid Tenant’s pro rata share of Operating Expenses, Tenant shall
pay such amount to Landlord immediately upon demand for the same as additional Rent. If such dispute results in an agreement or an arbitrator’s determination that Tenant is entitled to a refund, Landlord shall, at its option, either pay such
refund or credit the amount thereof to the monthly Rent next becoming due from Tenant, or if at the end of the Term, to promptly refund the same to Tenant. If the audit discloses that Landlord has overcharged Tenant by 7% or more during any Lease
Year, Landlord shall reimburse Tenant the reasonable, actual costs of the audit. 
  
 5. TAXES PAYABLE BY TENANT: 
  
 In addition to the Base Rent and additional rent and all other charges to be paid by Tenant hereunder, Tenant shall pay to Landlord, upon demand as additional Rent hereunder, any and all taxes payable by Landlord (other than net income
taxes) whether or not now customary or within the contemplation of the parties hereto: (i) upon, measured by or reasonably attributable to the cost or value of Tenant’s equipment, furniture, fixtures, improvements (whether constructed by
Landlord or Tenant) and other personal property located in the Premises or by the cost or value of any leasehold improvement made in or to the Premises by or for Tenant, other than Landlord’s work under Exhibit “B”, regardless
of whether title to such improvement shall be in Landlord or Tenant; (ii) upon, measured by or reasonably attributable to the Rent payable hereunder, or any component thereof, including, without limitation, any gross income tax or excise tax
levied by the County of DeKalb, the State of Georgia, the Federal Government or any other federal, state, county, municipal or other governmental body with respect to the receipt of such rent; (iii) upon or with respect to the possession,
leasing, operation, management, maintenance, alteration, repair, use or occupancy by Tenant of the Premises or any portion thereof; and (iv) upon this transaction or any document to which Tenant is a party creating or transferring an interest
or an estate in the Premises. Landlord agrees to pay all property taxes due on the Building, Land and Project prior to delinquency. 
  
 6. USE OF PREMISES: 
  
 Tenant shall not do or permit to be done in or about the Premises or make any use thereof, nor bring or keep or permit to be brought or kept therein,
anything which is prohibited by or will in any way conflict with any law, statute, ordinance or governmental rule or regulation now in force or which may hereafter be enacted; or which is prohibited by or will increase the existing rate or cause
cancellation of any of Landlord’s insurance policies for the Building; or which will in any way obstruct or interfere with the rights of other tenants of the Building, or injure or annoy them; or use or allow the Premises to be used for lodging
or for any improper, immoral, unlawful or objectionable purpose; cause, maintain or permit any nuisance in, on or about the Premises or commit or suffer to be committed any waste in, on or about the Premises; or bring into the Building any
furniture, equipment materials or other objects which overload the Building, its structure or any portion thereof or electrical or mechanical systems thereof. 
  

7. PREPARATION OF THE PREMISES: 
  
 Tenant, at Tenant’s sole cost and expense subject to Landlord’s contribution of the Improvement Allowance, will provide the Tenant Work set
forth in Exhibit “B” attached hereto. 
  
 8.
SERVICES: 
  
 Provided Tenant shall not be in default
under this Lease, Landlord agrees to provide to Tenant the following services: 
  
 (a) General cleaning and janitorial service, including reasonable waste disposal, five (5) days per week, less Holidays; 
  

 4 

 (b) Heating and air-conditioning service (“HVAC”) daily on Mondays through Fridays, from 7:00
a.m. to 6:00 p.m. and on Saturdays from 9:00 a.m. to 1:00 p.m., with New Year’s Day, Memorial Day, Independence Day, Labor Day, Thanksgiving Day, Christmas Day and any other national holiday (herein collectively called the “Holidays”)
excepted; after hours HVAC service shall be available upon reasonable prior request at the cost of $55.00 per hour; subject to increase not more frequently than annually based upon increased utility costs to Landlord; 
  
 (c) Elevator service daily on Mondays through Fridays, inclusive, with
Holidays excepted, from 7:00 a.m. to 6:00 p.m. and on Saturdays, if not a Holiday, from 9:00 a.m. to 1:00 p.m. At all other times Landlord shall have at least one elevator servicing each of the floors; 
  
 (d) Electric current for lighting, replacement bulbs for Building Standard
lighting and reasonable facilities for furnishing the usual and normal electric power for office space. Notwithstanding the foregoing, Landlord shall provide to Tenant electrical service in the amount of six (6) watts per square foot, exclusive
of ceiling lighting and HVAC. Landlord shall have the right to prescribe uniform and reasonable charges for bulb replacement services for non-standard lighting. Tenant shall not, without Landlord’s prior written consent, use any equipment,
including, without limitation, air-conditioning units, electronic data processing machines, punch card machines, or any other machines which use electric current in excess of 110 volts, which will increase the amount of electricity ordinarily
furnished for the use of the Premises as general office space or which require clean (or dedicated) circuits or other special distribution circuits; 
  
 (e) Window washing; 
  
 (f) Common use restrooms and toilets including hot and cold water; 
  
 (g) Drinking water available on each floor of the Building; and 
  
 (h) Twenty-four (24) hour security services for the Building comparable
to other similar buildings in the area; provided, however, Landlord shall have no responsibility to prevent, and shall not be liable to Tenant for, any liability or loss to Tenant, its agents, employees and visitors arising out of losses due to
theft, burglary, or damage or injury to persons or property, and Tenant hereby releases Landlord from all liability for such losses, damages or injury unless any such loss, damage or injury results solely from the gross negligence or intentional
acts of Landlord or Landlord’s employees or agents acting within the scope of their employment, but excluding independent contractors. The cost of such security services shall be included in the Operating Expenses for the Building. 

 
 9. NON-LIABILITY AND INDEMNIFICATION: 
  
 Unless due solely to the negligence or willful misconduct of Landlord or its
agents, neither Landlord nor Landlord’s agents, officers, directors, shareholders, partners or principals (disclosed or undisclosed) shall be liable to Tenant or Tenant’s officers, agents, employees, contractors, invitees, or licensees or
any other occupant of the Premises, and Tenant shall and does hereby indemnify and hold Landlord, Landlord’s agents, and their respective agents, employees, contractors, officers, directors, shareholders, partners and principals (disclosed or
undisclosed) harmless from and against any and all loss, cost, liability, claim, damage, expense (including, without limitation, reasonable attorneys’ fees), penalty or fine incurred in connection with or arising from (1) any default by
Tenant in the performance of any of the terms of this Lease on Tenant’s part to be performed, or (2) the use or occupancy or manner of use or occupancy of the Premises by Tenant or any person claiming or entering the Premises by, through
or under Tenant, or (3) any acts, omissions or negligence of Tenant or any such person, or the contractors, agents, employees, invitees, licensees of Tenant or any such person in or about the Premises or the Project either prior to, during or
after the expiration of, the Lease Term. Tenant and all those claiming by, through or under Tenant shall store their property in and shall occupy and use the Premises and any improvements therein and appurtenances thereto and all portions of
the Project solely at their own risk. Tenant and all those claiming or entering the Premises by, through or under Tenant hereby release Landlord, to the full extent permitted by law, from all claims of every kind, including loss of life, bodily
injury, consequential damages, damage to merchandise, equipment, fixtures or other property (including, without limitation, computer equipment) or damage to business or for business interruption, arising directly or indirectly out of or from or on
account of such occupancy and use or resulting from any present or future condition or state of repair thereof or Landlord’s entry on the Premises as described in Paragraph 11 below, unless due solely to the negligence or willful misconduct of
Landlord or its agents. Landlord shall not be liable to Tenant or to any persons, firm, corporation, or other business association claiming by, through, or under Tenant for failure to furnish or for delay in furnishing any service 
  

 5 

 provided for in this Lease, and no such failure or delay by Landlord shall be an actual or constructive eviction of
Tenant nor shall any such failure or delay operate to relieve Tenant from the prompt and punctual performance of each and all the covenants to be performed herein by Tenant; nor for any latent defects in the Premises or Building; nor for defects in
the cooling, heating, electric, water, elevator, or other apparatus or systems or for water discharged from sprinkler systems, if any, or from water pipes and plumbing facilities in the Building; nor for the theft, mysterious disappearance, or loss
of any property of Tenant whether from the Premises or any part of the Building; and nor from interference, disturbance, or act to or omitted against Tenant by third parties, including, without limitation other tenants of the Building and any such
occurrences shall not constitute an actual or constructive eviction of Tenant. 
  
 Unless due to the negligence or willful misconduct of Tenant, Tenant shall not be liable to Landlord, and Landlord shall and does hereby indemnify and hold Tenant and Tenant’s agents, and their respective agents,
employees, contractors, officers, directors, shareholders, partners and principals (disclosed or undisclosed) harmless from and against any and all loss, cost, liability, claim, damage, expense (including, without limitation, reasonable
attorneys’ fees), penalty or fine incurred in connection with or arising from (1) any default by Landlord in the performance of any of the terms of this Lease on Landlord’s part to be performed, or (2) any acts, omissions or
negligence of Landlord or any such person, or the contractors, agents, or employees of Landlord or any such person in or about the Building or the Project either prior to, during or after the expiration of, the Lease Term. 
  
 10. REPAIRS BY LANDLORD: 
  
 Landlord shall maintain and repair the common areas of the Building in a
first class manner consistent with all applicable laws and regulations, provided that Tenant shall be responsible for any damages to the Building and its common areas caused by any act or omission of Tenant, its agents, employees or visitors. Except
as otherwise set forth to the contrary in the Lease, Landlord shall have no duty to Tenant to make any repairs or improvements to the Premises and Tenant shall be solely responsible therefor, except structural repairs necessary for safety and
tenantability not brought about by any act, omission or neglect of Tenant, its agents, employees or visitors. 
  
 11. RIGHT OF LANDLORD TO ENTER PREMISES: 
  
 Tenant shall not change the locks on any entrance to or doors in the Premises. Without any abatement of Rent and with prior written notice to Tenant,
except in the event of an emergency, Landlord and its agents, employees and independent contractors shall have the right to enter the Premises at such times as Landlord deems reasonably necessary or desirable to inspect and examine same, to make
such repairs, additions, alterations, and improvements as Landlord desires to make to the Building and to exhibit said Premises to prospective purchasers or tenants during the last twelve (12) months of the Term; provided, however, Landlord
shall use reasonable efforts not to materially and adversely interfere with Tenant’s Use of the Premises during normal business hours. In the event of emergency, or if otherwise necessary to prevent injury to person or damage to property, such
entry to the Premises may be made by force without any liability whatsoever on the part of Landlord for damage resulting from such forcible entry. 
  
 12. INTENTIONALLY OMITTED. 
  
 13. AGREEMENTS OF TENANT: 
  
 A. Tenant shall not abandon the Premises during the Lease Term. 
  

B. Tenant shall, at its sole expense, keep the Premises, excluding any structural elements, in good repair and tenantable condition. If Tenant fails to
keep the Premises in good repair and tenantable condition, upon ten (10) days written notice to Tenant, except in the event of an emergency (in which case Landlord shall have no obligation to provide notice to Tenant), Landlord can make such
repairs as it deems necessary to put the Premises in good and tenantable condition and Tenant shall be liable to immediately reimburse Landlord for the cost of such repairs as additional Rent hereunder. 
  
 C. Tenant shall, at its sole cost and expense, comply as to its use of the
Premises, with all statutes, regulations, rules, ordinances and orders of any governmental body, department or agency thereof, and abide by and observe the Rules and Regulations attached to this Lease as Exhibit “E” and made a part
hereof, and such further uniform rules and regulations for the management of the Building as may hereafter be established in writing by Landlord and delivered to Tenant in accordance with the notice provisions of this Lease. 
  
 D. Tenant shall report promptly in writing to Landlord any defective
condition in or about the Premises known to Tenant. 
  

 6 

 E. Before the termination of this Lease (if not in default hereunder), Tenant shall remove from the
Premises all its personal property which this Lease allows Tenant to remove and surrender such Premises and the keys thereto to Landlord (whether or not in default hereunder) in the same condition as at the beginning of this Lease, normal wear and
tear, casualty and condemnation only excepted. If Tenant shall fail to remove all effects from the Premises upon termination of this Lease for any cause whatsoever, Landlord may remove, sell, store or otherwise dispose of the same, without liability
to Tenant for loss thereof, and Tenant agrees to pay Landlord on demand any and all expenses incurred by Landlord thereby. 
  
 F. Tenant shall pay as additional Rent, a late charge in the amount of five percent (5%) of the outstanding delinquent balance or fifty dollars
($50.00), whichever is greater, for any Rental payment not made within five (5) days after the due date thereof; provided, however, the above referenced late charge shall not apply to the first late Rental payment received by Landlord from
Tenant in any calendar year provided such late payment is received by Landlord within thirty (30) days of the date the same is due. Notwithstanding the foregoing, Tenant shall be assessed a five percent (5%) charge for each month, after
the first month, any payment remains outstanding, until paid in full. It is understood and agreed that such late charges shall constitute liquidated damages to compensate Landlord for additional bookkeeping expenses and clerical services which would
be required of the Landlord as a result of the occurrence of events described in this Section. Such damages are difficult or impossible to estimate accurately and it is the intention of the parties to provide for liquidated damages in such event. It
is further agreed that the sum provided in this Section is a reasonable pre-estimate of Landlord’s probable loss, in the event of Tenant’s failure to make any Rental payments within five (5) days after the due data thereof. Tenant
shall also pay Fifty and 00/100 Dollars ($50.00), promptly upon demand, as a charge to cover Landlord’s administrative and clerical expenses in the event a check given to Landlord by Tenant is returned to Landlord unpaid by Landlord’s bank
due to insufficient funds or any other reason. 
  
 G. Tenant shall
cooperate with Landlord in complying with all regulations of any governmental agency having jurisdiction of the Building, relating to the conservation of energy, including, without limitation, any regulations requiring the production of information
regarding the consumption of energy within the Building. 
  
 H.
Tenant shall satisfy, discharge or bond of record within twenty (20) days following the filing thereof any mechanic’s lien filed against the Land, Premises, Building or the Project for work or materials claimed to have been furnished to
Tenant. 
  
 14. INSURANCE: 
  
 Tenant shall carry, at its sole expense and during the Lease Term, a policy
or policies of insurance, as follows: (i) fire and extended coverage insurance insuring Landlord and Tenant’s interest in its improvements to the Premises and any and all furniture, equipment, supplies, and other property owned, leased,
held or possessed by it and contained therein, such insurance coverage to be in an amount equal to the full replacement value of such improvements and property, as such may increase from time to time, and workmen’s compensation insurance as
required by applicable law; (ii) commercial general liability insurance insuring Tenant, Landlord and any other person designated by Landlord, against any and all liability for injury to or death of a person or persons and for damage to
property occasioned by or arising out of any construction work being done on the Premises, or arising out of the condition, use, or occupancy of the Premises, or in any way occasioned by or arising out of the activities of Tenant, its agents,
employees, guests, or licensees in the Premises, the limits of such policy or policies to be in amounts not less than Three Million and no/100 Dollars ($3,000,000) with respect to any one casualty or occurrence; and (iii) such other types of
insurance in form and amount which Landlord shall reasonably deem to be prudent for Tenant to carry. Landlord and Tenant shall each have included in all policies of insurance respectively obtained by them, with respect to the Building and/or Project
a waiver by the insurer of all right of subrogation against the other in connection with any loss or damage thereby insured against. To the full extent permitted by law, Landlord and Tenant each waives all right of recovery against the other for,
and agrees to release the other from, loss or damage to the extent such loss or damage is covered by valid and collectible insurance in effect at the time of such loss or damage. All insurance policies procured and maintained by Tenant pursuant to
this Paragraph (i) shall be carried with companies reasonably satisfactory to Landlord licensed in the State of Georgia; (ii) shall be non-cancelable, except after twenty (20) days’ written notice to Landlord; and
(iii) executed certificates of insurance with respect thereto shall be delivered to Landlord prior to the Commencement Date, and renewals thereof as required shall be delivered to Landlord at least thirty (30) days prior to the expiration
of each respective policy term. All liability insurance shall name Landlord and any other persons designated by Landlord as additional named insured. Landlord covenants to maintain commercial general liability insurance for the Common Areas of the
Project. 
  

 7 

 15. ALTERATIONS: 
  
 Tenant shall make no improvements, alterations or additions of any kind in or to the Premises without first obtaining
Landlord’s prior written consent, which consent shall not be unreasonably withheld, delayed or conditioned. Tenant shall pay the cost of all such improvements, alterations and additions. If requested, Tenant shall furnish Landlord with final
contractors’ affidavits and full and final waivers of lien and receipted bills covering all labor and materials. All additions, hardware, non-trade fixtures and all improvements, temporary or permanent, in or upon the Premises, whether placed
there by Tenant or by Landlord shall, unless Landlord requests their removal, become Landlord’s property and shall remain upon the Premises at the termination of this Lease by lapse of time or otherwise without compensation, allowance or credit
to Tenant. 
  
 16. ASSIGNMENT AND SUBLETTING: 

 
 Except as set forth to the contrary herein, Tenant shall not, without at
least thirty (30) days’ prior written notice to Landlord and the prior written consent of Landlord in each instance, directly or indirectly, voluntarily or involuntarily, by operation of law, merger, consolidation, reorganization or
otherwise, mortgage, hypothecate, pledge, encumber, sell, transfer or assign this Lease, in whole or in part, or sublease all or any part of the Premises, or permit the use or occupation of all or any part of the Premises by any party (all of the
foregoing being collectively referred to as an “Assignment”). Landlord’s consent shall not be unreasonably withheld, conditioned or delayed. Tenant shall promptly reimburse Landlord for Landlord’s costs and expenses, including,
without limitation, reasonable attorney’s fees, in connection with any proposed assignment covered under this Paragraph 16. Landlord shall have thirty (30) days from its actual receipt of Tenant’s notice of Assignment within which to
elect, in its sole and absolute discretion, to: terminate this Lease as to the portion of the Premises which is the subject of the proposed Assignment, provided such Assignment requires Landlord’s consent; and/or reject the proposed Assignment
and to thereby continue this Lease in full force and effect as if such Assignment had never been proposed; and/or, enter into a new lease with the proposed assignee or any other person, on such terms as Landlord and such assignee or other person may
agree; and/or, consent to the proposed Assignment on such terms as Landlord deems necessary and appropriate. If this Lease is canceled, the area of the Premises is reduced or a sublease or assignment is made as herein provided, Tenant shall pay
Landlord a charge equal to the actual costs incurred by Landlord, in Landlord’s reasonable judgment (including, but not limited to, the use and time of Landlord’s personnel), for all of the necessary legal, management, leasing or
accounting services required to accomplish such cancellation, reduction of area of the Premises, assignment or subletting, as the case may be. In no event shall Tenant be entitled to any rent, rentals, payment, profit or any sum or cost of the
assignee for such Assignment; Landlord shall have the sole and absolute right to any and all amounts paid or payable in excess of the Rent payable by Tenant, and Landlord may, at its election, receive same directly from the assignee or require
Tenant to collect and remit same to Landlord as additional rent hereunder. Landlord’s consent in one instance, and any other act or acts of Landlord or its agents, shall not be deemed to constitute consent to any subsequent Assignment. In the
event of any such assignment or subletting, Tenant shall remain fully liable for the performance of all the terms and conditions of this Lease. The listing of any name other than that of Tenant on any door of the Premises, or on any Building
directory or in any elevator or otherwise, shall not operate as a substitute for or be deemed to constitute the prior written consent of Landlord under this Paragraph 16, nor shall it vest in the person so named any right or interest in this Lease
or the Premises, and it is understood and agreed that any such naming or listing shall constitute a privilege extended by Landlord revocable at any time in its sole and absolute discretion. Further, notwithstanding the foregoing, Tenant shall have
the right, without Landlord’s prior consent, but upon written notification to Landlord, and so long as the creditworthiness of the assignee or sublessee remains the same or better than Tenant, to assign this Lease and/or sublease the Premises
to (a) an affiliate, subsidiary or parent of Tenant or to a subsidiary or affiliate of Tenant’s parent; or (b) an entity with which Tenant is merged or consolidated; or (c) an entity which purchases all of the assets of Tenant by
stock purchase or otherwise, provided such entity shall continue to use the Premises in the same manner and for the same purposes of Tenant herein. In the event of any assignment of the Lease, or sublease of all or any part of the Premises, Tenant
shall remain fully liable for fulfilling its obligations under the Lease. 
  
 17. SIGNS: 
  
 Tenant
shall obtain the prior written approval of Landlord prior to placing and maintaining, or causing or permitting to be placed and maintained, any sign, advertising matter or other thing of any kind, on, or which is visible from, the exterior of the
Premises. Landlord has the right to remove any signs not approved by it and to recover from Tenant the cost of such removal. Landlord, at Landlord’s sole expense, shall provide Building standard signs, one (1) each at Premises, and Lobby
Building directory. Further, so long as this Lease is in full force and effect and Tenant is not in default hereunder, Landlord shall, at Tenant’s sole cost and expense, place Tenant’s signage upon the existing pylon sign in front of the
Building, subject to Landlord’s prior written approval of Tenant’s signage in Landlord’s reasonable discretion. 
  

 8 

 18. DEFAULT: 
  
 A. The occurrence of any of the following shall constitute an event of default hereunder by Tenant: 
  
 (i) The Rent payable under this Lease (including any additional rent) or any
other sum of money due hereunder is not paid within five (5) days after first becoming due; 
  
 (ii) [Intentionally Omitted]; 
  
 (iii) Any petition is filed by or against Tenant under any section or chapter of the National or Federal Bankruptcy Act or any other applicable federal or
state bankruptcy, insolvency or other similar act, and, in the case of a petition filed against Tenant, such petition is not dismissed within sixty (60) days after the date of such filing; 
  
 (iv) Tenant shall become insolvent or transfer property in fraud of
creditors; 
  
 (v) Tenant shall make an assignment for benefit of
creditors; 
  
 (vi) A receiver is appointed for any of
Tenant’s assets; or 
  
 (vii) Tenant fails to observe,
perform and keep each and every of the covenants, agreements, provisions, stipulations and conditions herein contained to be observed, performed and kept by Tenant (other than payment of Rent), including, without limitation, Exhibit
“E”, and persists in such failure after thirty (30) days’ notice by Landlord requiring that Tenant remedy, correct, desist or comply; provided, however, if Tenant, upon notice of default, promptly commences to cure such
default and Tenant diligently and continuously pursues such a cure during the above referenced thirty (30) days, but Tenant fails to effect such a cure within thirty (30) days, Tenant shall have such additional time as is reasonably
necessary to cure such default. 
  
 B. Upon the occurrence of an
event of default, provided Tenant does not cure said default within the period of time allowed for cure as set forth above, if any, Landlord shall have the option to do and perform any one or more of the following in addition to, and not in
limitation of, any other remedy or right permitted it by law or by this Lease: 
  
 (i) Terminate this Lease, in which event Tenant shall immediately surrender the Premises to Landlord, but if Tenant shall fail to do so, Landlord may, without further notice and without prejudice to any other remedy
Landlord may have for possession or arrearages in rent, enter upon the Premises and expel or remove Tenant and Tenant’s effects, by force if necessary, without being liable to prosecution or any claim for damages therefor; and Tenant agrees to
indemnify Landlord for all loss and damage which Landlord may suffer by reason of such termination, whether through inability to relet the Premises, or through decrease in Rent, or otherwise; and/or 
  
 (ii) In addition to all Rent and other amounts previously due and unpaid
under the terms and conditions of the Lease, Landlord shall be entitled to collect as liquidated damages and not as a penalty the sum of (i) the deferred present value of the Rent, including any other sums treated as additional Rent hereunder,
and all other sums provided herein to be paid by Tenant during the remainder of the Lease Term (the “Rent Balance”), less the Net Rental Value of the Premises, as hereinafter defined. The term “Net Rental Value” shall mean the
fair rental value of the Premises for the remainder of the Lease Term discounted to present value, less the Landlord’s costs, expenses and attorney’s fees in connection with preparation of the Premises for reletting and for the reletting
itself; provided however, the parties agree that in no event shall the Net Rental Value exceed the Rent Balance; (ii) the cost of performing any other covenants which would have otherwise been performed by Tenant; (iii) all costs, expenses
and reasonable attorneys’ fees Landlord incurred in connection with the termination of this Lease and eviction of Tenant. The parties agree that the damages caused by Tenant’s default would be difficult or impossible to accurately estimate
and that this measure of damages is a reasonable pre-estimate of the Landlord’s probable loss resulting from Tenant’s breach. The acceptance of the liquidated damages set forth in this paragraph shall not constitute a waiver of any failure
of Tenant thereafter occurring to comply with any term, provision, condition or covenant of this Lease; and/or reletting of the Premises. The acceptance of such payment by Landlord shall not constitute a waiver of any failure of Tenant thereafter
occurring to comply with any term, provision, condition or covenant of this Lease; and/or 
  
 (iii) Enter the Premises as the agent of Tenant, by force if necessary, without being liable 
  

 9 

 to prosecution or any claim for damages therefor, and relet the Premises as the agent of Tenant without advertisement and
by private negotiations and for any term Landlord deems proper, and receive the rent therefor, and Tenant shall pay Landlord any deficiency that may arise by reason of such reletting on demand, but Tenant shall not be entitled to any surplus so
arising. Tenant shall reimburse Landlord for all costs of reletting the Premises including, but not limited to, advertising expenses and commissions; and/or 
  
 (iv) As agent of Tenant, do whatever Tenant is obligated to do by the provisions of this Lease and may enter the Premises, by force if necessary, without
being liable to prosecution or any claims for damages therefor, in order to accomplish this purpose. Tenant agrees to reimburse Landlord immediately upon demand for any expenses which Landlord may incur in thus effecting compliance with this Lease
on behalf of Tenant, and Tenant further agrees that Landlord shall not be liable for any damages resulting to Tenant from such action, whether caused by the negligence of Landlord or otherwise. 
  
 C. No act or thing done by Landlord or Landlord’s agents during the Term
shall be deemed an acceptance of a surrender of the Premises, and no agreement to accept a surrender of the Premises shall be valid unless the same be made in writing and executed by Landlord. Any waiver of or redress for any violation of any
covenant or condition contained in this Lease or any of the Rules and Regulations now or hereafter adopted by Landlord, shall not prevent a subsequent act, which would have originally constituted a violation, from having all the force and effect of
an original violation. In case it should be necessary or proper for Landlord to bring any action under this Lease, or to consult, or place this Lease or any amount payable by Tenant hereunder, with an attorney concerning or for the enforcement of
any of Landlord’s rights hereunder, then Tenant in each and any such case shall pay Landlord its reasonable attorneys’ fees. In the event of any default by Tenant under the terms and provisions of this Lease, Landlord, in addition to but
not in lieu of or in limitation of, any other right or remedy provided to Landlord under the terms of this Lease or otherwise, shall have the right to be immediately repaid by Tenant the amount of all sums expended by Landlord and not repaid by
Tenant in connection with preparing or improving the Premises to Tenant’s specifications and any and all costs and expenses incurred in renovating or altering space to make it suitable for reletting. 
  
 D. All Rent and additional Rent and other sums due under the Lease not paid
when due shall accrue interest in the amount of Wachovia Bank of Georgia’s Prime Rate plus three percent (3%), from date due until paid by Tenant. 
  
 19. HOLDING OVER: 
  
 Tenant shall have no right to hold over beyond the expiration or earlier termination of this Lease without the express written consent of the Landlord,
which consent Tenant shall obtain from Landlord no later than sixty (60) days prior to the expiration of the Lease. Should Tenant or any of its successors in interest continue to holdover the Premises after the termination of this Lease,
whether such termination occurs by lapse of time or otherwise, with the express written consent of Landlord, Tenant shall be deemed to be occupying the Premises under a month-to-month periodic tenancy, and Tenant shall pay to Landlord monthly rental
equal to one hundred fifty percent (150%) of the monthly rental (including Base Rent and all other rental amounts) as would be payable if the Lease had not been terminated or expired, and otherwise be subject to all the covenants and provisions
of this Lease insofar as the same are applicable to a month-to-month periodic tenancy. Landlord and Tenant agree that any such periodic tenancy may be terminated by thirty (30) days prior written notice by either party to the other party.
Should Tenant or any of its successors in interest continue to hold over the Premises after the termination of this Lease, whether such termination occurs by lapse of time or otherwise, without the written consent of Landlord, Tenant shall be a
Tenant at sufferance, subject to summary eviction as provided by law. In the event of any unauthorized holding over, Tenant shall indemnify the Landlord against all damages sustained by Landlord by reason of such holdover and all claims for damages
by any other tenant to whom Landlord shall have leased all or any portion of the leased Premises effective upon the termination of this Lease. 
  
 20. DESTRUCTION OF OR DAMAGE TO PREMISES: 
  
 If the Premises or the Building are damaged by fire or other casualty, Landlord shall forthwith repair the same, subject to the provisions of this
Paragraph 20 hereinafter set forth, provided such repairs can, in Landlord’s opinion, be made within sixty (60) days, and this Lease shall remain in full force and effect. If such repairs cannot be made within sixty (60) days, in
Landlord’s opinion, Landlord at its option shall by written notice to Tenant given within sixty (60) days after the date of such fire or other casualty either (i) elect to repair or restore such damage, this Lease continuing in full
force and effect, or (ii) terminate this Lease as of a date specified in such notice, which date shall not be less than thirty (30) or more than sixty (60) days after the date such notice is given. If any fire or other casualty is not
the result of the act, omission, negligence or willful misconduct of Tenant or Tenant’s employees, contractors, licensees, or agents, then during the period the Premises are rendered unusable by such damage Tenant shall be entitled to a
reduction 
  

 10 

 in Rent in the proportion that the area of the Premises rendered unusable by such damage bears to the total area of the
Premises. Landlord shall not be required to repair any injury or damage or to make any repairs or replacements of any improvements installed in the Premises by or for Tenant, other than Landlord’s work under “Exhibit B”, and
Tenant shall, at Tenant’s sole cost and expense, repair and restore its portion of such improvements. 
  
 21. EMINENT DOMAIN: 
  
 If all or any part of the Premises or the Building shall be taken as a result of the exercise of the power of eminent domain or agreement in lieu thereof,
this Lease shall terminate as to the part so taken as of the date of taking, and, in the case of a partial taking, either Landlord or Tenant shall have the right to terminate this Lease as to the balance of the Premises by giving written notice to
the other within thirty (30) days after such date; provided, however, that a condition to the exercise by Tenant of such right to terminate shall be that the portion of the Premises taken shall be of such extent and nature as substantially to
handicap, impede or impair Tenant’s use of the balance of the Premises. In the event of any taking Landlord shall be entitled to any and all compensation, damages, income, rent, awards or interest therein whatsoever which may be paid or made in
connection therewith, and Tenant shall have no claim against Landlord for the value of any unexpired term of this Lease or otherwise; provided, however, Tenant have the right to pursue its own cause of action against the condemning authority so long
as any award or compensation received by Tenant in such proceeding shall not in any way reduce any award or compensation received or to be received by Landlord. In the event of a partial taking of the Premises which does not result in a termination
of this Lease, the monthly Rent thereafter to be paid shall be equitably reduced based upon balance of the square feet of the Premises. 
  
 22. ADDRESSES; NOTICES: 
  
 Except for legal process which may also be served as by law provided, all notices given pursuant to this Lease shall be in writing and shall be deemed to
have been given to the party intended to receive such notice when hand-delivered, sent overnight service or other receipted delivery service, or three (3) days after such notice shall have been deposited, postage prepaid, to the United States
mail, certified, return receipt requested, properly addressed as follows: 
  

	 	(i)	To Landlord: 

 CROWN POINTE, LLC 
 1040 Crown Pointe Parkway 
 Suite 200

 Atlanta, Georgia 30338 
  

	 	(ii)	To Tenant: 

 LEARNING TREE INTERNATIONAL USA, INC.

 1831 Michael Faraday Drive 
 Reston, Virginia 20190-5304 
 Attn: V.P. Operations 
  

	 	(iii)	To Tenant: 

 LEARNING TREE INTERNATIONAL USA, INC.

 6053 W. Century Blvd 
 Suite
200 
 Los Angeles, CA 90045 
 Attn: V.P. Administration 
  
 In the event of a change of address by
either party, such party shall give written notice thereof in accordance with the foregoing. 
  
 23. WAIVER OF RIGHTS: 
  
 No failure to or delay in exercise of any right or power given herein or to insist upon strict compliance of any obligation imposed herein and no custom or practice of either party hereto at variance with any term hereof shall constitute a
waiver or a modification of the terms hereof by either party or any right to demand strict compliance with the terms hereof. This Lease, including its exhibits, constitutes and contains the sole and entire agreement of Landlord and Tenant and no
prior or contemporaneous oral or written representation or agreement between the parties and affecting the Premises shall have legal effect. No officer, agent or employee of Landlord has or shall have any authority to waive any provision of this
Lease unless such waiver is expressly made in writing and signed by an authorized officer of Landlord. 
  

 11 

 24. SPECIAL STIPULATIONS: 
  
 The Special Stipulations, if any, attached hereto are hereby incorporated herein and made a part hereof, and in the event
they conflict with any of the foregoing provisions, the Special Stipulations shall control. 
  
 25. NO ESTATE IN LAND: 
  
 This contract and Lease shall create the relationship of landlord and tenant between Landlord and Tenant and no estate shall pass out of Landlord; Tenant has only a usufruct which is not subject to levy and sale, and not assignable by
Tenant except as herein provided. 
  
 26. GOVERNMENTAL
REGULATIONS: 
  
 Tenant waives the benefits of all existing
and future Rent control Legislation and Statutes and similar governmental rules and regulations, whether in time of war or not, to the full extent permitted by law. 
  
 27. SUBORDINATION AND ATTORNMENT: 
  
 This Lease and all rights of Tenant hereunder are and shall be subject and subordinate to any mortgage, deed to secure debt,
deed of trust or other instrument in the nature thereof (herein called “Security Deed”) which may now or hereafter affect Landlord’s fee title to the Premises and/or Building. Tenant shall within fifteen (15) days of request
execute, acknowledge and deliver to Landlord, to Landlord’s designee and/or the holder of any such Security Deed, the following: (i) such certificate or certificates that may be requested by Landlord or such holder to evidence the
subordination of this Lease to such Security Deeds; (ii) such certificate or certificates that may be requested by Landlord or such holder to make this Lease superior to the lien of any such Security Deeds; and (iii) such attornment
agreements as may be reasonably requested by successors to Landlord hereunder, provided such agreement sets forth that as long as Tenant is not in default hereunder beyond applicable notice and cure periods, Tenant’s possession of the Premises
under this Lease shall not be disturbed. If the holder of any such Security Deed shall hereafter succeed to the rights of Landlord under this Lease, whether through possession or foreclosure action or delivery of a new lease, Tenant shall, at the
request of such holder, attorn to and recognize such successor as Tenant’s landlord under this Lease and shall promptly execute and deliver any instrument that may be necessary to evidence such attornment. 
  
 28. ESTOPPEL: 
  
 Landlord and Tenant shall, within seven (7) days of request, execute,
acknowledge and deliver to the other and/or to the other party’s designee such certificate or certificates in recordable form evidencing whether or not (a) this Lease is in full force and effect, (b) this Lease has been amended in any
way, (c) Tenant has accepted and is occupying the Premises, (d) there are any existing defaults, acts or omissions, which with the giving of notice or the passage of time would constitute defaults, on the part of Landlord or Tenant
hereunder or defenses or offsets against the enforcement of this Lease to the knowledge of the certifying party and specifying the nature of such defaults, defenses or offsets, if any, and (e) the date to which rent, and other amounts due
hereunder, if any, have been paid. 
  
 29. SEVERABILITY AND
INTERPRETATION: 
  
 If any clause or provision of this Lease
shall be deemed illegal, invalid, or unenforceable under present or future laws effective during the Lease Term, then and in that event, the remainder of this Lease shall not be affected by such illegality, invalidity or unenforceability. Should any
of the provisions of this Lease require judicial interpretation, it is agreed that the court interpreting or construing the same shall not apply a presumption that the terms of any such provision shall be more strictly construed against one party by
reason of the rule of construction that a document is to be construed most strictly against the party who itself or through its agent prepared the same, it being agreed that the agents of all parties have participated in the preparation of this
Lease. 
  
 30. CAPTIONS: 
  
 The captions used in this Lease are for convenience only and shall be
considered to be of no effect in the construction of any provision of this Lease. 
  

 12 

 31. SUCCESSORS AND ASSIGNS: 
  
 The words “Landlord” and “Tenant” as used herein shall include the respective contracting party, whether
singular or plural, and whether an individual, masculine or feminine, or a partnership, joint venture, business trust or corporation. The provisions of this Lease shall inure to the benefit of and be binding upon Landlord and Tenant, and their
respective successors, heirs, legal representatives and assigns, subject to the provisions of Paragraph 16 hereof. 
  
 32. GEORGIA LAW: 
  
 The laws of the State of Georgia shall govern the interpretation, validity, performance and enforcement of this Lease. 
  
 33. TIME IS OF THE ESSENCE: 
  
 Time is of the essence of this Lease; provided, however, that failure of
Landlord to provide Tenant with any notification regarding reimbursements for Operating Expenses or any other charges or additional rent provided for hereunder, within the time periods prescribed in this Lease shall not relieve Tenant of its
obligation to make such payments or contributions. 
  
 34.
EXCULPATION OF LANDLORD: 
  
 Landlord’s obligations
and liability to Tenant with respect to this Lease shall be limited solely to Landlord’s interest in the Land and Building, and neither Landlord nor any of the joint venturers of Landlord, nor any officer, director, or shareholder of Landlord
or of any of the joint venturers of Landlord shall have any personal liability whatsoever with respect to this Lease. This Lease is executed by certain employees of The State Teachers Retirement System of Ohio, not individually, but solely on behalf
of Landlord, the authorized nominee and agent for The State Teachers Retirement Board of Ohio (“STRBO”). In consideration for entering into this Lease, Tenant hereby waives any rights to bring a cause of action against the individuals
executing this Lease on behalf of Landlord (except for any cause of action based upon lack of authority or fraud), and all persons dealing with Landlord must look solely to Landlord’s assets for the enforcement of any claim against Landlord,
and the obligations hereunder are not binding upon, nor shall resort be had to the private property of any of, the trustees, officers, directors, employees or agents of STRBO. 
  
 35. EXECUTION AND PUBLIC RECORDS: 
  
 This Lease may be executed in any number of counterparts, each of which shall be deemed an original and any of which shall
be deemed to be complete in itself and may be introduced into evidence or used for any purpose without the production of the other counterparts. No modification or amendment of this Lease shall be binding upon the parties unless such modification or
amendment is in writing and signed by Landlord and Tenant. Without the prior written consent of both parties, neither this Lease nor any memorandum hereof shall be recorded or placed on public record. 
  
 36. MULTIPLE TENANTS: 
  
 If more than one individual or entity comprises and constitutes Tenant, then
all individual and entities comprising Tenant are and shall each be jointly and severally liable for the due and proper performance of Tenant’s duties and obligations arising under or in connection with this Lease. 
  
 37. FORCE MAJEURE: 
  
 Both parties shall be excused for the period of any delay and shall not be
deemed in default with respect to the performance of any of the non-monetary terms, covenants, and conditions of this Lease when prevented from so doing by a cause or causes beyond their reasonable control, which shall include, without limitation,
all labor disputes, governmental regulations or controls, fire or other casualty, inability to obtain any material or services, and acts of God. 
  
 38. REAL ESTATE BROKERS: 
  
 Tenant and Landlord each represents and warrants to the other that no real estate broker, agent, commission salesman, or other person other than
Ackerman & Co., representing Landlord, and NAI/Brannen Goddard, representing Tenant has represented the warranting party in the negotiations for and procurement of this Lease and of the Premises, and that no commissions, fees or
compensation of any kind are due and payable in connection herewith to any real estate broker, agent, commission salesman or other person (even 
  

 13 

 including the broker or other person or firm excluded above from the warranting party’s warranty of no broker)
except if and only as may be provided in a separate written commission agreement signed simultaneously with or before this Lease by the party against whom the commission or compensation is charged. Each party agrees to indemnify and hold the other
hereunder harmless from and against any claim for any such commissions, fees or other form of compensation by any such third party claiming through the indemnifying party, including, without limitation, any and all claims, causes of action, damages,
costs and expenses (including attorneys’ fees), associated therewith. 
  
 39. ENTIRE AGREEMENT: 
  
 This Lease contains the entire agreement between the parties hereto and any representation, warranty or agreement, oral or otherwise, between the parties not embodied herein shall be of no force or effect. No modification, amendment or
alterations to this Lease shall be effective unless same shall be in writing and signed by Landlord and Tenant. 
  
 40. QUIET ENJOYMENT  
  
 So long as Tenant is in full compliance with the terms and conditions of this Lease, Landlord shall warrant and defend Tenant in the quiet enjoyment and
possession of the Premises during the Term against any and all claims made by, through or under Landlord, subject to the terms of this Lease. 
  
 IN WITNESS WHEREOF, the parties hereto have duly executed this instrument, individually or through their respective authorized officers, agents or
attorneys-in-fact, as the case may be, causing their respective seals to be affixed hereto, the day and year set forth to the left of their respective executions, the latest of which is and shall be deemed to be the date of this Lease. 

 

							
	LANDLORD:	  	TENANT:
		
	Crown Pointe, LLC	  	Learning Tree International USA, Inc.,
	a Georgia limited liability company,	  	a Delaware corporation
	 by OTR, an Ohio general partnership,
 as
Managing Member
	  	 
				
	By:	  	 /s/ ALLULTH J. CRL

	  	By:	  	 /s/ JOEL STREAM

	Title:	  	Asst. Director, Portfolio Management	  	Its:	  	Joel Stream, President
			
	Date: 10/17/00	  	Attest:	  	 /s/ DAVID G. MATHEWS

	 	  	 	  	Its:	  	David G. Mathews III, VP/Controller
				
	 	  	 	  	 	  	[CORPORATE SEAL]
			
	 	  	 	  	Date: 10-6-00

  

 14 

 SPECIAL STIPULATIONS 
  
 1. RIGHT OF FIRST REFUSAL. 
  
 (a) As used herein, the term “First Refusal Space” means that certain area containing approximately Ten Thousand (10,000) rentable square
feet of contiguous space on the fourteenth (14th) floor of the Building, as demarcated on the floor plan
attached hereto and incorporated herein as Exhibit “I” to this Lease. Landlord acknowledges that Tenant may wish to expand the Premises and lease the First Refusal Space. Tenant, however, acknowledges that Landlord must be in a
position to lease the First Refusal Space to other tenants. In order to accommodate Tenant’s desires regarding the First Refusal Space and Landlord’s requirement for future leasing of the First Refusal Space, Landlord shall grant to Tenant
the right of first refusal (the “Right of First Refusal”) to lease the First Refusal Space in accordance with the terms and conditions contained herein. If at any time during the term of this Agreement the First Refusal Space is, in
Landlord’s determination, available for lease, and if Landlord desires to lease the First Refusal Space to a bona fide third party which has submitted an offer to Landlord which Landlord desires to accept, then Landlord shall submit written
notice thereof to Tenant. Upon receipt of the aforesaid notice from Landlord, Tenant shall have the right, exercisable at any time within ten (10) days from the date of receipt of such notice, to lease all of said First Refusal Space upon the
same terms and conditions as this Lease, including, but not limited to, the prevailing Base Rent rate and adjustments thereto reserved in this Lease, and for a term expiring as of the date of the expiration of this Lease. If Tenant elects to
exercise the Right of First Refusal, it shall, prior to the end of said ten (10) day period, deliver written notice of such exercise to Landlord, and the leasing of said First Refusal Space shall commence on the earliest to occur (the
“First Refusal Space Commencement Date”) of (A) thirty (30) days after the expiration of such ten (10) day period; or (B) the date on which Tenant commences to occupy all or any portion of the First Refusal Space, and
shall be evidenced by a lease amendment agreement executed by Tenant on Landlord’s standard form. Upon the First Refusal Space Commencement Date: (i) the number of Square Feet in the Premises shall be increased by the number of Square Feet
in the First Refusal Space, (ii) Tenant’s parking spaces as set forth in Section 2.a. and 2b. below shall increase according to each respective ratio, (iii) Tenant’s pro rata share shall be increased based on the number of
Square Feet in the First Refusal Space, (iv) Base Rent and additional Rent payable with respect to the First Refusal Space shall commence at the then current rent rates set forth in the Lease for the Premises, and (v) Tenant shall be
entitled to an allowance for Tenant improvements to be constructed in the First Refusal Space equal to $23.00 times the number of rentable square feet in the First Refusal Space times the number of full calendar months remaining in the Term of the
Lease after the First Refusal Space Commencement Date until the Expiration Date divided by 120. If Tenant shall not exercise such Right of First Refusal within said ten (10) day period or shall fail to deliver written notice of such exercise as
provided above, Landlord shall be free to lease the First Refusal Space or any part thereof, to any person or entity on terms and conditions acceptable to Landlord, in Landlord’s sole discretion. Tenant shall not have the right to assign its
Right of First Refusal to any sublessee of the Premises (or any portion thereof) or assignee of this Agreement, nor may any such sublessee or assignee exercise such Right of First Refusal. 
  
 (b) Notwithstanding the foregoing and any other provision of this Lease to
the contrary, such Right of First Refusal is conditioned upon this Lease being in full force and effect and there being no event of default under this Lease. If the foregoing condition in this subsection (b) is not entirely satisfied, the Right
of First Refusal shall automatically terminate and be of no further force or effect, or if exercised, shall be null and void. In the event Landlord has not entered into a lease for all or substantially all of the First Refusal Space on substantially
the same monetary terms and conditions as Landlord offered the First Refusal Space to Tenant within twelve (12) months after the date Tenant elects or is deemed to have elected not to lease such First Refusal Space, Landlord shall submit any
offer to lease the First Refusal Space to Tenant pursuant to the terms of this Special Stipulation prior to entering into any new lease with a third party for such space. 
  
 2. PARKING. So long as Tenant is not in default of the Lease, Landlord shall provide Tenant during the Term of the Lease with: 

 

	 	(a)	3.5 unassigned, nonexclusive parking spaces per 1,000 rentable square feet in the Premises (59 spaces) in the surface parking area for the Building at no charge to Tenant; and

  

 15 

	 	(b)	1.5 unassigned, nonexclusive parking spaces per 1,000 rentable square feet in the Premises (25 spaces) as needed, from time to time, in the surface parking area for the Building for
use by persons attending classes in the Premises at no charge to Tenant; and 

  

	 	(c)	2 reserved spaces in the 1050 parking deck at mutually acceptable locations at the cost of $75.00 per space per month. 

  
 3. FOOD SERVICE. Tenant acknowledges and agrees that a café exists within the Building
for the convenience of tenants in the Building, including Tenant (the “Café”). Tenant shall use reasonable efforts to contract with the Café for Tenant’s catering needs; provided, however, so long as Tenant is not in
default of the Lease, including, without limitation, the compliance with all Rules and Regulations as set forth in Exhibit “E” to the Lease, as the same may be amended or modified from time to time in Landlord’s reasonable discretion,
Tenant shall have the right to contract with a caterer other than the Café to provide Tenant with catering services, at Tenant’s reasonable discretion. In no event shall Tenant have the right to provide food services for a fee to other
tenants or visitors to the Building. 
  
 4. RENEWAL. Tenant shall have the right
to renew the Term of the Lease for one (1) additional period of five (5) years (the “Renewal Term,”) by giving Landlord prior written notice nine (9) months prior to the expiration of the Term of the Lease that Tenant
intends to exercise such renewal right, subject to the following conditions: 
  

	 	(a)	Tenant shall be in possession of the Premises and there shall not be a default under any of the terms of provisions of the Lease at the time such notice is given or at the time of
the commencement of the Renewal Term. 

  

	 	(b)	Tenant shall occupy the Premises during the Renewal Term under the same terms and conditions as specified in the Lease, except Tenant shall be entitled to no additional tenant
improvement allowance and the Base Rent for any Renewal Term shall be the then Market Rate, but not less than the Base Rent for the Premises in effect immediately prior to the commencement of the Renewal Term. 

  

	 	(c)	As used herein, the term “Market Rate” shall be initially determined by Landlord as the amount of base annual rent per square foot (including the rate of escalation) then
being charged in comparable first-class office buildings located in the Central Perimeter area of Atlanta, Georgia (the “Comparable Buildings”) for space comparable to the Premises and taking into consideration all other relevant factors
establishing similarity or dissimilarity between the comparable lease and the leasing of the Premises to Tenant for the Renewal Term, including without limitation, escalations (including type, base year and stop), concessions, length of lease term,
size and location of the Premises, building standard work letter and/or tenant improvement allowances, quality and quantity of any existing tenant improvements, quality and creditworthiness of Tenant, amenities offered, location of building, the
cost and provision of parking spaces, and other generally applicable concessions, allowances, terms and conditions of tenancy. Notwithstanding any provision to the contrary contained herein, the Premises shall be leased during the Renewal Term
pursuant to the terms of subparagraph (b) above. The reference to the foregoing factors is illustrative only and the presence or absence of such factors shall be taken into account in determining Market Rate. 

  

 16 

	 	(d)	Within thirty (30) days after Landlord receives the notice of Tenant’s exercise of the renewal option, Landlord shall notify Tenant of the proposed Market Rate. In the
event that Landlord and Tenant are not able to agree as to the Market Rate within sixty (60) days of good faith negotiation, Tenant’s right of renewal as provided herein shall terminate. 

  

	 	(e)	In the event Tenant fails to timely notify Landlord in the manner herein specified, Tenant shall be conclusively deemed to have waived its right to enter into the Renewal Term.

  
 5. ATTORNEYS’ FEES. In the event of any litigation between
Landlord and Tenant arising from the default by either party in the performance of any of the terms, agreements or conditions contained in this Lease, the non-prevailing party in any such litigation, to the extent permitted by applicable law, agrees
to pay the prevailing party all reasonable attorney’s fees and court costs actually incurred by the prevailing party. Further, in the event Landlord elects to engage the services of an attorney to collect any delinquent Rent due from Tenant
under this Lease, in addition to all other amounts from Tenant under this Lease, Tenant agrees to pay to Landlord its reasonable attorney’s fees and court costs actually incurred in collecting such amounts from Tenant. 
  
 6. SATELLITE DISH. During the Term, Landlord shall grant to Tenant a non-exclusive license to
install, maintain, repair, replace and operate one (1) satellite dish (together with any related wires, conduits and other equipment necessary or desirable for the proper operation of such satellite dish, collectively the “Satellite”)
in a location on the roof of the Premises designated by Landlord (the “Equipment Space Area”) upon and subject to all of the terms and conditions set forth herein. The Satellite shall be used only by Tenant solely to transmit and receive
aerial transmissions in connection with the business of Tenant; Tenant shall not have the right to use or allow any other person or entity to use the Satellite for a fee. The rights under this Section are personal to the Tenant named herein and are
not assignable. Subject to the rules and regulations under this Lease, Tenant, its employees, agents and contractors shall have the right, upon prior reasonable notice to Landlord’s managing agent, to enter or leave the roof for purposes of
accessing the Satellite. Tenant shall pay to Landlord, as additional rental, on a monthly basis, the actual costs, if any, incurred by Landlord in furnishing electric power for the operation of the Satellite. Landlord shall have the right to
install, at Tenant’s expense, a meter to monitor Tenant’s use of electricity furnished by Landlord in the operation of the Satellite. The Satellite installed shall be and remain the property of Tenant, and Tenant shall, prior to the
expiration or termination of this license, remove the Satellite (including all installation and anchoring hardware) installed in the Equipment Space Area and elsewhere in the Building, and surrender the Equipment Space Area in the same condition
existing prior to the installation of the Satellite. Tenant shall be liable for, and shall promptly reimburse Landlord for, the cost of repairing all damage done to the Equipment Space Area or to the Building by such removal, including filling and
sealing any holes or cavities left by the removal of installation or anchoring hardware. Tenant shall, at its sole cost and expense, obtain all governmental permits or licenses required for the installation, repair, maintenance, operation and
removal of the Satellite and shall provide Landlord with evidence thereof. Tenant’s installation, repair, maintenance, operation and removal of the Satellite shall be subject to and performed in accordance with the terms and conditions of this
Lease and all applicable Legal Requirements (defined below) in effect from time to time. Tenant shall, at its sole cost and expense, and at its sole risk, install the Satellite in a good and workmanlike manner, and in compliance with all applicable
Legal Requirements, including, but not limited to, all building, electric, communications, and safety codes, ordinances, standards, regulations and requirements of the Federal Communications Commission and any other Governmental Authority (defined
below). Tenant shall conduct the installation and maintenance of the Satellite in a good and workmanlike manner so as to not interfere with any other tenant or occupant of the Building or Project. The operation of the Satellite shall not disturb or
interfere with the systems of the Building or Project or with any other tenant or occupant of the Building or Project. Tenant shall deliver to Landlord Tenant’s plans and specifications for the installation of the Satellite and for the
aesthetic screening of same for review and approval by Landlord not less than thirty (30) days prior to commencing installation of the Satellite. The Satellite shall be installed substantially in accordance with the plans and 
  

 17 

 specifications approved by Landlord, and the installation shall be performed by contractors approved by Landlord. In no
event shall the installation or operation of the Satellite damage the Building or any existing structure on the Building, or interfere with the maintenance of the Building, any system currently serving the Building or Project, any radio or
telecommunications equipment currently being operated from or within the Building or Project or in any manner invalidate any existing warranties in place on the Building or Project or on any improvements to the Building or Project. Landlord shall
not be liable to Tenant for any stoppages or shortages of electrical power furnished to the Satellite or to the Equipment Space Area because of any act, omission or requirement of the public utility serving the Building or Project, or the act or
omission of any other tenant, licensee or contractor of the Building or Project, or for any other cause beyond the control of Landlord, and Tenant shall not be entitled to any rental abatement for any such stoppage or shortage of electric power.
Tenant shall operate the Satellite in strict compliance with Landlord’s rules and regulations, now or hereafter promulgated, and all applicable Legal Requirements. Tenant shall, at Tenant’s expense, be solely responsible throughout the
Term for maintaining, servicing and repairing the Satellite and for repairing any damage to the Building or Project or any systems or equipment serving the Building or Project caused by the Satellite or by any act, negligence or misconduct of
Tenant, Tenant’s employees, agents or contractors, while installing, using, servicing, repairing, maintaining or removing the Satellite. Tenant shall protect, defend, indemnify and save Landlord and its trustees, agents, employees, other
tenants, licensees and invitees harmless from and against any and all obligations, costs (including costs of litigation and attorneys’ fees), expenses, claims, damages and liabilities of any nature whatsoever arising out of or in connection
with the existence, installation, construction, operation, repair, maintenance and/or removal of the Satellite. As used herein, the term “Governmental Authority” shall mean the United States, the state, county, city and political
subdivision in which the Building is located or which exercises jurisdiction over the Building, and any agency, department, commission, board, bureau or instrumentality of any them which exercises jurisdiction over the Building, and the term
“Legal Requirements” shall mean any law, statute, ordinance, order, rule, regulation or requirement of a Governmental Authority. 
  
 7. HAZARDOUS MATERIALS. Tenant covenants and agrees not to suffer, permit, introduce or maintain in, on or about any portion of the Premises, Building or Project, any
asbestos, polychlorinated biphenyls, petroleum products or any other hazardous or toxic materials, wastes and substances which are defined, determined or identified as such in any federal, state or local laws, rules or regulations (whether now
existing or hereafter enacted or promulgated) or any judicial or administrative interpretation of any thereof, including any judicial or administrative orders or judgments. Any such asbestos, polychlorinated biphenyls, petroleum products and any
such other hazardous or toxic materials, wastes and substances are herein collectively called “Hazardous Materials”. Tenant further covenants and agrees to indemnify, defend and save Landlord harmless against and from any and all damages,
losses, liabilities, obligations, penalties, claims, litigation, demands, defenses, judgments, suits, proceedings, costs, disbursements or expenses of any kind or of any nature whatsoever (including, without limitation, attorneys’ and
experts’ fees and disbursements) which may at any time be imposed upon, incurred by or asserted or awarded against Landlord and arising from or out of any Hazardous Materials on, in, under or affecting all or any portion of the Premises,
Building or Project, introduced by, or on behalf of, Tenant including, without limitation, (i) the costs of removal of any and all Hazardous Materials from all or any portion of the Premises, Building or Project, (ii) additional costs
required to take necessary precautions to protect against the release of Hazardous Materials on, in, under or affecting the Premises, Building or Project, into the air, any body of water, any other public domain or any surrounding areas, and
(iii) any costs incurred to comply, in connection with all or any portion of the Premises, Building or Project, with all applicable laws, orders, judgments and regulations with respect to Hazardous Materials. The provisions of this Section
shall survive the expiration or earlier termination of this Agreement. 
  
 Landlord covenants that to its best information and belief, the Premises, Building and Project, as of the date of the execution of this Lease are not contaminated by any Hazardous Materials. 
  
 8. TENANT’S FINANCING. Tenant shall have the right from time to time during the Term

  

 18 

 of this Lease to grant and assign a mortgage or security interest in all of Tenant’s personal property located
within the Premises to Tenant’s lenders in connection with Tenant’s financing arrangements, and any lien of Landlord against Tenant’s personal property (whether by statute or under the terms of this Lease) shall be subject and
subordinate to such security interest of Tenant’s lenders. Landlord shall execute such documents as Tenant’s lenders may reasonably request in connection with any such financing to evidence Landlord’s subordination of its lien against
Tenant’s personal property. 
  

 19 

 EXHIBIT “B” 
  
 To the Lease last
dated                    , made between CROWN POINTE, LLC Landlord, and LEARNING TREE INTERNATIONAL USA, INC., Tenant, and to which this
Exhibit is attached and made a part thereof. 
  
 WORKLETTER

  
 To induce Tenant to enter into this Lease and without limiting either the
obligations of the Landlord or the rights and privileges of Tenant set forth in this Lease, the Landlord and Tenant, in consideration of the mutual covenants hereinafter contained, agree as follows: 
  
 1. Plans, Working Drawings and Specifications 
  
 A. Tenant to provide 1/8” scale drawing(s) which will show the type and
location of partitions, doors, electrical and telephone outlets, cabinets, lighting and HVAC diffusers indicating all work to be done by Tenant, whether at the Landlord’s expense or Tenant’s expense. Tenant will submit a breakdown of cost
for all work to be done by Tenant. Only upon receipt of written authorization may Tenant proceed with the work. 
  
 B. Tenant will provide to Landlord samples of finish items to be selected by Tenant such as carpet, paint, wall coverings, etc., as specified in schedule.

  
 C. Tenant will be responsible for the design cost associated
with his special requirements, e.g., non-standard wiring, HVAC, wall covering, cabinetwork and millwork or changes to the plan due to changes in Tenant requirements, etc. 
  
 D. After receipt of the Drawings, the Landlord shall approve or disapprove the same. If the Landlord does not approve the
Working Drawings and Specifications as submitted, the Landlord shall approve those portions which are acceptable to the Landlord and shall disapprove those portions which are not acceptable to it, specifying the reasons for such disapproval. Tenant
shall then, at its sole cost and expense, do all that is necessary to correct the Drawings to the satisfaction of the Landlord and resubmit them for the Landlord’s review and approval. 
  
 E. Approval by the Landlord shall be non-technical approval and shall not be
deemed to mean approval of structural capacity, size of ducts and piping, adequacy of electrical wiring, system/equipment capacities and, without limitation, other technical matters; and shall not relieve Tenant of responsibility for proper and
adequate design and construction of the work. Tenant shall ensure that the structure and detail of the utilities and mechanical and electrical system meet the Landlord’s requirements and that all of the work meets applicable federal, state and
local laws, codes, rules and regulations. Tenant is responsible for making the Landlord aware of all of Tenant’s requirements before the design is begun. 
  

F. Tenant is responsible for working with the designers to provide approved plans and finish selections on the dates indicated. Failure to do so will
constitute a day-for-day delay to the scheduled completion without delaying the commencement date of rent payments. 
  
 G. Special requirements, i.e., non-standard fit-up items, may have ordering and delivery times that will require total completion of the space after the
occupancy date. In some cases, this cannot be determined until the order is placed for the material. Tenant will advise Landlord immediately upon becoming aware of this situation. Tenant will be responsible for any cost associated with working
overtime required to provide special finishes before or after the occupancy date. 
  
 H. Tenant shall have the right to utilize Gensler as the architect for the preliminary pricing and construction documents. Landlord has already paid Gensler $.11 per rentable square foot in the Premises, which amount
shall not be deducted from the Tenant Allowance (as defined below), for the development of the Drawings. Any additional charges by Gensler for architectural or space planning services shall be deducted from the Tenant Allowance. 
  
 I. Turner Construction shall be the contractor for the Tenant Work for the
Premises. 
  

 20 

 2. Schedule 
  
 The Landlord and Tenant shall comply with the following Schedule: (All days to be considered working days.) 
  

							
	 	  	 Party Responsible

	  	 	  	 Due Date

	a.	  	Tenant & Landlord	  	Lease Execution	  	 
				
	b.	  	Tenant	  	Tenant submission of construction Documents.	  	Within 30 days of 2.a.
				
	c.	  	Landlord	  	Landlord’s approval of construction Documents.	  	Within 10 Days of 2.b.
				
	d.	  	Tenant	  	Construction started by Tenant.	  	Within 5 days of 2.c.
				
	e.	  	Tenant	  	Construction completed by Tenant.	  	Within 90 days from 2.d.

  
 Landlord agrees that the Rent
Commencement Date shall be delayed one day for every day of delay caused solely by Landlord’s failure to comply with the schedule set forth in this Section 2. Delays caused by Tenant may delay the occupancy date but will not delay the Rent
Commencement Date. Tenant understands that if changes are made in the initial requirements given to the Landlord, then a period of delay may be incurred. If delays are incurred due to Tenant-initiated changes or Tenant-required holdups to evaluate
changes, the Rent Commencement Date shall not be adjusted. 
  
 NOTE:
Notwithstanding anything in the Lease to the contrary, and in anticipation of the necessity of prompt correspondence, all correspondence in connection with this Work Letter is to be sent by overnight service or local courier. 
  
 3. The Tenant Work 
  
 A. Tenant shall furnish, install and perform completely all of the work shown on the Drawings unless otherwise noted. Tenant
shall be fully responsible for all matters that must be accomplished to complete the work in accordance with provisions of the Lease, without limitation, filing plans and other required documentation with the proper governmental authorities,
securing all necessary permits and monitoring all aspects of the work. Tenant shall also be fully responsible for, without limitation, construction and financing costs; payments to the contractors and subcontractors; cost of prompt removal of all
mechanics’, materialmens’ and like liens from the public record by payment or surety bond; costs to repair and restore damaged, lost or destroyed work; costs to remove debris from the premises caused by Tenant’s trades;
architects’ and engineers’ fees for standard work items; real estate taxes, assessments and insurance costs; utility and building service costs, and filing and permit fees. 
  
 B. Landlord shall not be liable for injury, loss or damage to any person (including death) or property on or about the land,
building or premises during performance of the work, unless caused by Landlord, its employees, agents or contractors, and Tenant will indemnify and save Landlord harmless against and from any such liability and any costs or charges (including
without limitation, reasonable attorney fees and court costs) which Landlord may incur on account of any such injury insurance which shall include coverage of the foregoing contractual liability. 
  

 21 

 4. Landlord’s Building Standard Improvements 
  
 A. Building Standard Partitions 
  
 The Building Standard partition assembly for interior spaces extends to the underside of the suspended ceiling. It consists of 3 5/8 metal studs 24” on center, with one layer of 1/2” drywall prepared for painting on each side of studs.
All partitions between tenants and exit corridors shall extend to the underside of the floor structure above with suitable openings to accommodate air conditioning and pipework. Demising partitions consist of 3 5/8” metal studs 24” on center, with one layer of drywall prepared for painting on each side of studs and
sound attenuation blankets. Existing partitions as per the Drawings shall remain. 
  
 B. Ceilings 
  
 Building Standard ceilings provided by Landlord are 2’ x 2’ suspended acoustical ceiling tile with an exposed slotted profile grid element.
Replacement of broken or damaged ceiling tiles shall be an expense chargeable against the Improvement Allowance. 
  
 C. Doors and Frames 
  
 Entrance Doors are full height, 3’0” wide mahogany veneer solid core wood doors in 16 gauge steel welded frames, fire rated as required. The
door will be stained and finished with polyurethane and the frame will be painted. The doors are undercut to allow for the Building Standard carpet. 
  
 Interior doors are similar to the entrance doors, but non-rated and installed in knockdown metal frames. 
  
 D. Hardware 
  
 The Building Standard latch set is the Schlage No. 18 design lever handle in polished chrome. Each Tenant entry door
shall be provided with four four-ball bearing polished chrome butt hinges and a wall stop. One lockset, keyed to the building master key system, shall be provided for each entrance door. Two keys will be provided for each entrance door; additional
keys may be purchased by Tenant. All entrance doors to public corridors shall have surface mounted door closers. 
  
 E. Intentionally Omitted 
  
 F. Painting 
  
 All Building Standard partitions, door frames and column enclosures shall be painted. All non-metallic surfaces shall receive one coat of primer and one
flat finish coat, except doors which receive a stain and a coat of polyurethane. All metal surfaces have a factory applied shop coat which shall receive an enamel primer and an enamel semi-gloss finish coat. 
  
 G. Window Covering 
  
 Thin-type (1”) horizontal blinds currently exist in each window.

  
 H. Electrical Outlets 
  
 120v Duplex outlets installed in partitions shall be provided in locations
designated by Tenant. Under-floor electrical outlets can be provided at the expense of Tenant. 
  
 I. Communications Wiring 
  
 Telephone outlets installed in partitions shall be provided in locations designated by Tenant. Telephone outlets have empty conduit terminating above the suspended ceiling. Under-floor telephone outlets can be provided at the cost of
Tenant. 
  
 All communications wiring shall be done by
Tenant’s communications contractor at the 
  

 22 

 direction and expense of Tenant. Landlord has no responsibility for said work which must, however, (1) meet Building
Standard criteria and local codes and not conflict with the progress of the building, and (2) be performed by installers who are licensed for the installation of communications systems. Any damage caused by Tenant’s contractor shall be the
liability of Tenant. Any additional communications conduit required shall be installed by the Landlord’s contractor at Tenant’s expense. 
  
 J. Lighting 
  
 Building Standard light fixtures are 2’ x 4’ energy efficient two tube fluorescents with 16 cell parabolic lenses. Quantities provided are
12 per 1000 square feet of usable space. Area switching of lights is used but wall switches can be allowed at a rate of 6 per 1000 square feet of usable space. 
  
 K. HVAC 
  
 Provided that the allowance for interior partitioning is not exceeded, all engineering and installation of heating and cooling systems for standard office
space will be provided by the Landlord. If additional HVAC diffusers are required due to partitioning quantities in excess of typical office layouts or due to special requirements such as heat producing equipment, then provisions will be made at the
Tenant’s expense for special needs such as computer installations served by the 24-hour condenser water loop. 
  
 L. Fire Protection System 
  
 The building is equipped throughout with a fire protection sprinkler system, installed in grid pattern. Should the partition layout needed by Tenant
require relocation of existing sprinkler heads, then the Landlord will provide four relocations and four additions per 1000 square feet of usable space. Relocations to additions in excess of the allowance will be at the expense of Tenant.

  
 5. Tenant Improvement Costs 
  
 Tenant agrees to accept Premises in “as is” condition, except for
latent defects, agreeing that Premises has been previously occupied and is suitable for use intended by Tenant. However, Landlord shall provide an allowance of up to $23.00 per rentable square foot of Premises up to a maximum of Three Hundred and
Eighty Eight Thousand Seven Hundred and Sixty Nine and 00/100 Dollars ($388,769.00) hereinafter referred to as “Improvement Allowance”, for space planning, design fees and refurbishment to Premises. All costs to complete the Premises shall
be an expense chargeable against the Improvement Allowance unless otherwise stated. All changes and/or modifications made by Tenant to work in progress shall be made in writing. Tenant shall submit to Landlord construction drawings within thirty
(30) days of execution of this Lease by Landlord and Tenant. Final construction drawings and pricing approved by Landlord and Tenant shall be attached as Exhibit “B-1” and shall become a part hereof. Construction shall commence within
five (5) days of receipt of a building permit. Landlord and Tenant hereby agree that up to fifty percent (50%) of the Improvement Allowance may be used by Tenant for systems furniture, communications equipment expenses or other moving
expenses (“Additional Costs”). Any unused Improvement Allowance, after final draw is made from Landlord to Tenant, shall accrue to the sole benefit of Landlord and it being agreed that Tenant shall not be entitled to any credit, offset,
abatement or payment with respect thereto. 
  
 No later than the
25th day of each calendar month, Tenant may submit a written request to Landlord on an AIA approved form for a draw
against the Improvement Allowance for the Tenant Work completed as of the date of the request. Landlord shall remit payment to Tenant for such draw within thirty (30) days of Landlord’s receipt of (i)Tenant’s request for the draw, and
(ii) lien waivers for all Tenant Work completed as of the date of the request for the draw. Notwithstanding the foregoing, Landlord shall not be obligated to remit to Tenant any payments for draws against the final $100,000.00 of Improvement
Allowance unless and until Landlord has received lien waivers for all Tenant Work to be completed in the Premises. 
  

 23 

 6. Landlord’s Work. 
  
 Prior to the Commencement Date, Landlord, at Landlord’s cost and expense, shall demolish the existing improvements in the Premises. Further,
notwithstanding anything to the contrary in this Lease, Landlord, at Landlord’s expense, shall renovate the restrooms located in the Premises to building standard specifications reasonably acceptable to Tenant and Landlord. 
  

 24 

 EXHIBIT “C” 
  
 COMMENCEMENT DATE AGREEMENT 
  

Date:                        

  
 Supplement to Lease dated the     
day of                 , 2000, between Crown Pointe, LLC, Crown Pointe, LLC, (hereinafter referred to as “Landlord”), and Learning Tree International
USA, Inc. (hereinafter referred to as “Tenant”) for 16,903 Rentable Square Feet of Office Space, Suite 1100 in the building known as 1050 Crown Pointe Parkway, Atlanta, Georgia. 
  
 Pursuant to the provisions of Paragraph 2 of the Lease, Landlord and Tenant agree as follows: the Commencement Date for the
Premises is                     , 2000. 
  
 Tenant hereby acknowledges and confirms to Landlord that Tenant is in possession of, and has accepted, the Premises demised by the Lease, and acknowledges
that to the best of Tenant’s knowledge all the work to be performed by the Landlord in the Premises and as required by the terms of the Lease has been satisfactorily completed except as noted immediately below (latent structural defects
excepted). Tenant further certifies that to the best of Tenant’s knowledge all conditions of the Lease required of Landlord as of this date have been fulfilled and there are no defenses or off-sets against the enforcement of the Lease by
Landlord. 
  

			
	LANDLORD:
	
	 CROWN POINTE, LLC,
 a Georgia Limited
Liability Company

	 By OTR, an Ohio General Partnership,
 as
Managing Member

		
	By:	 	  

	Title:	 	  

  

			
	TENANT:
	
	 LEARNING TREE INTERNATIONAL USA, INC.,
 a
Delaware corporation

		
	By:	 	 /s/ JOEL STREAM

	Its:	 	Joel Stream, President

  

			
	Attest:	 	 /s/ DAVID G. MATHEWS, III

	Its:	 	David G. Mathews, III, VP/Controller
	
	[CORPORATE SEAL]

  

 25 

 EXHIBIT “D” 
 LEGAL DESCRIPTION 
  
 ALL THAT TRACT OR PARCEL OF
LAND LYING AND BEING IN LAND LOT 349 OF THE 18TH DISTRICT, DEKALB COUNTY, GEORGIA BEING MORE PARTICULARLY DESCRIBED AS FOLLOWS: 
  
 BEGINNING AT THE POINT OF INTERSECTION OF THE WESTERN LAND LOT LINE OF LAND LOT 349 AND THE NORTHERN RIGHT OF WAY OF PERIMETER CENTER WEST (101.0 FOOT
RIGHT OF WAY); RUNNING THENCE SOUTH 68 DEGREES 38 MINUTES 30 SECONDS EAST A DISTANCE OF 136.52 FEET TO A POINT; RUNNING THENCE ALONG THE ARC OF A CURVE AN ARC DISTANCE OF 141.50 FEET (SAID ARC HAVING A RADIUS OF 879.49 FEET AND BEING SUBTENDED BY A
CHORD BEARING SOUTH 61 DEGREES 45 MINUTES 04 SECONDS EAST AND HAVING A LENGTH OF 141.35 FEET) TO A POINT; RUNNING THENCE ALONG THE ARC OF A CURVE A DISTANCE OF 85.67 FEET (SAID ARC HAVING A RADIUS OF 55.00 FEET AND BEING SUBTENDED BY A CHORD BEARING
NORTH 78 DEGREES 13 MINUTES 51 SECONDS EAST AND HAVING A LENGTH OF 77.27 FEET) TO A POINT; RUNNING THENCE ALONG THE ARC OF A CURVE AN ARC DISTANCE OF 57.87 FEET (SAID ARC HAVING A RADIUS OF 362.20 FEET AND BEING SUBTENDED BY A CHORD BEARING NORTH 29
DEGREES 01 MINUTE 34 SECONDS EAST AND HAVING A LENGTH OF 57.81 FEET) TO A POINT; RUNNING THENCE NORTH 37 DEGREES 57 MINUTES 36 SECONDS EAST A DISTANCE OF 50.00 FEET TO A POINT; RUNNING THENCE NORTH 20 DEGREES 50 MINUTES 30 SECONDS EAST A DISTANCE OF
175.00 FEET TO A POINT; RUN THENCE ALONG THE ARC OF A CURVE AN ARC DISTANCE OF 131.68 FEET (SAID ARC HAVING A RADIUS OF 271.24 FEET AND BEING SUBTENDED BY A CHORD BEARING NORTH 34 DEGREES 44 MINUTES 59 SECONDS EAST AND HAVING A LENGTH OF 130.39
FEET) TO A POINT; RUNNING THENCE ALONG THE ARC OF A CURVE AN ARC DISTANCE OF 213.91 FEET (SAID ARC HAVING A RADIUS OF 271.24 FEET AND BEING SUBTENDED BY A CHORD BEARING NORTH 71 DEGREES 15 MINUTES 01 SECOND EAST AND HAVING A LENGTH OF 208.40 FEET)
TO A POINT; RUNNING THENCE SOUTH 86 DEGREES 09 MINUTES 30 SECONDS EAST A DISTANCE OF 109.66 FEET TO A POINT; RUNNING THENCE ALONG THE ARC OF A CURVE AN ARC DISTANCE OF 136.80 FEET (SAID ARC HAVING A RADIUS OF 903.21 FEET AND BEING SUBTENDED BY A
CHORD BEARING NORTH 89 DEGREES 30 MINUTES 09 SECONDS EAST AND HAVING A LENGTH OF 136.67 FEET) TO A POINT; RUNNING THENCE NORTH 85 DEGREES 09 MINUTES 49 SECONDS EAST A DISTANCE OF 38.75 FEET TO AN IRON PIN; RUNNING THENCE NORTH 09 DEGREES 35 MINUTES
52 SECONDS WEST A DISTANCE OF 429.05 FEET TO AN IRON PIN; RUN THENCE SOUTH 87 DEGREES 41 MINUTES 02 SECONDS WEST A DISTANCE OF 222.63 FEET TO AN IRON PIN; RUNNING THENCE SOUTH 83 DEGREES 45 MINUTES 23 SECONDS WEST A DISTANCE OF 254.00 FEET TO AN
IRON PIN; RUNNING THENCE NORTH 00 DEGREES 45 MINUTES 33 SECONDS EAST A DISTANCE OF 529.89 FEET TO AN IRON PIN; RUNNING THENCE SOUTH 86 DEGREES 50 MINUTES 04 SECONDS WEST A DISTANCE OF 158.25 FEET TO A POINT; RUNNING THENCE SOUTH 85 DEGREES 27
MINUTES 28 SECONDS WEST A DISTANCE OF 294.31 FEET TO A CONCRETE MONUMENT ON THE WESTERN LAND LOT LINE OF LAND LOT 349; RUNNING THENCE SOUTH 00 DEGREES 34 MINUTES 03 SECONDS WEST A DISTANCE OF 315.78 FEET TO AN IRON PIN; RUN THENCE SOUTH 00 DEGREES
42 MINUTES 26 SECONDS WEST A DISTANCE OF 641.03 FEET TO AN IRON PIN; RUNNING THENCE SOUTH 00 DEGREES 38 MINUTES 58 SECONDS WEST A DISTANCE OF 251.38 FEET TO AN IRON PIN AT THE POINT OF BEGINNING. 
  
 LESS AND EXCEPT 
  
 ALL THE TRACT OF PARCEL OF LAND LYING AND BEING IN LAND LOT 349 OF THE 18TH DISTRICT, DEKALB
COUNTY, GEORGIA, BEING MORE PARTICULARLY DESCRIBED AS FOLLOWS: 
  
 TO FIND THE
POINT OF BEGINNING OF THE TRACT OF LAND HEREIN DESCRIBED, COMMENCE AT AN IRON PIN LOCATED AT THE INTERSECTION OF THE NORTHEASTERN RIGHT OF WAY LINE OF PERIMETER CENTER WEST (80 FOOT RIGHT OF WAY AT THIS POINT) AND THE WEST LINE OF LAND LOT 349 OF
THE 18TH DISTRICT, DEKALB COUNTY, GEORGIA (SAID LINE ALSO BEING THE LINE DIVIDING FULTON COUNTY AND DEKALB COUNTY); RUNNING THENCE NORTH 00 DEGREES 43 MINUTES 15 SECONDS EAST ALONG AN OFFSET IN THE RIGHT OF WAY OF PERIMETER CENTER WEST, A DISTANCE
OF 17.00 FEET TO A POINT LOCATED ON THE NORTHEASTERN RIGHT OF WAY LINE OF PERIMETER CENTER WEST (101.00 FOOT RIGHT OF WAY AT THIS POINT); RUNNING THENCE SOUTH 68 DEGREES 38 MINUTES 30 SECONDS EAST ALONG SAID RIGHT OF WAY LINE, A DISTANCE OF 80.11
FEET TO A POINT; RUNNING THENCE NORTH 
  

 26 

 25 DEGREES 10 MINUTES 34 SECONDS EAST A DISTANCE OF 17.82 FEET TO A POINT WHICH IS THE POINT OF BEGINNING OF THE TRACT OF
LAND HEREIN DESCRIBED, FROM THE POINT OF BEGINNING AS THUS ESTABLISHED, RUNNING THENCE SOUTH 67 DEGREES 34 MINUTES 04 SECONDS EAST A DISTANCE OF 228.01 FEET TO A POINT; RUNNING THENCE NORTH 46 DEGREES 58 MINUTES 00 SECONDS EAST A DISTANCE OF 103.00
FEET TO A POINT; RUNNING THENCE NORTH 20 DEGREES 50 MINUTES 30 SECONDS EAST A DISTANCE OF 85.28 FEET TO A POINT; RUNNING THENCE NORTH 67 DEGREES 34 MINUTES 04 SECONDS WEST A DISTANCE OF 138.50 FEET TO A POINT; RUNNING THENCE NORTH 83 DEGREES 08
MINUTES 13 SECONDS WEST A DISTANCE OF 54.71 FEET TO A POINT; RUNNING THENCE SOUTH 72 DEGREES 59 MINUTES 17 SECONDS WEST A DISTANCE OF 93.47 FEET TO A POINT; RUNNING THENCE SOUTH 25 DEGREES 10 MINUTES 34 SECONDS WEST A DISTANCE OF 105.00 FEET TO THE
POINT OF BEGINNING. 
  
 LESS AND EXCEPT 
  
 ALL THE TRACT OF PARCEL OF LAND LYING AND BEING IN LAND LOT 349 OF THE 18TH DISTRICT, DEKALB
COUNTY, GEORGIA, BEING MORE PARTICULARLY DESCRIBED AS FOLLOWS: 
  
 TO FIND THE
POINT OF BEGINNING, COMMENCE AT A POINT LOCATED ON THE NORTHERLY RIGHT OF WAY OF PERIMETER CENTER WEST (101 FOOT RIGHT OF WAY) AT ITS POINT OF INTERSECTION WITH THE LINE WHICH DIVIDES THE 17TH DISTRICT OF FULTON COUNTY AND THE 18TH DISTRICT OF
DEKALB COUNTY, GEORGIA (SAID POINT ALSO BEING NORTH 00 DEGREES 43 MINUTES 15 SECONDS EAST A DISTANCE OF 17.0 FEET FROM AN IRON PIN FOUND ON THE NORTHERLY RIGHT OF WAY OF PERIMETER CENTER WEST AT THE POINT WHERE THE RIGHT OF WAY CHANGES FROM AN 80
FOOT RIGHT OF WAY IN FULTON COUNTY TO THE 101 FOOT RIGHT OF WAY FOR DEKALB COUNTY); RUNNING THENCE SOUTH 68 DEGREES 38 MINUTES 30 SECONDS EAST ALONG THE NORTHERLY RIGHT OF WAY OF PERIMETER CENTER WEST A DISTANCE OF 75.10 FEET TO A POINT; RUNNING
THENCE NORTH 24 DEGREES 54 MINUTES 12 SECONDS EAST A DISTANCE OF 121.48 FEET TO AN IRON PIN PLACED AND THE TRUE POINT OF BEGINNING; FROM THE POINT OF BEGINNING AS THUS ESTABLISHED RUN THENCE NORTH 00 DEGREES 42 MINUTES 46 SECONDS EAST A DISTANCE OF
341.60 FEET TO A POINT; RUNNING THENCE SOUTH 89 DEGREES 17 MINUTES 54 SECONDS EAST A DISTANCE OF 3.73 FEET TO A POINT; THENCE NORTH 65 DEGREES 41 MINUTES 26 SECONDS EAST A DISTANCE OF 84.92 FEET TO A POINT; RUNNING THENCE NORTH 00 DEGREES 42 MINUTES
46 SECONDS EAST A DISTANCE OF 25.0 TO A POINT; RUNNING THENCE SOUTH 89 DEGREES 17 MINUTES 14 SECONDS EAST A DISTANCE OF 48.61 FEET TO A POINT; RUNNING THENCE SOUTH 23 DEGREES 39 MINUTES 33 SECONDS EAST A DISTANCE OF 79.35 FEET TO A POINT; RUNNING
THENCE SOUTH 63 DEGREES 27 MINUTES 53 SECONDS EAST A DISTANCE OF 15.62 FEET TO A POINT; RUNNING THENCE SOUTH 23 DEGREES 39 MINUTES 33 SECONDS EAST A DISTANCE OF 219.0 FEET TO A POINT; RUNNING THENCE SOUTH 66 DEGREES 20 MINUTES 27 SECONDS WEST A
DISTANCE OF 133.0 FEET TO A POINT; RUNNING THENCE SOUTH 18 DEGREES 43 MINUTES 34 SECONDS WEST A DISTANCE OF 45.0 FEET TO A POINT; RUNNING THENCE NORTH 83 DEGREES 08 MINUTES 13 SECONDS WEST A DISTANCE OF 37.0 FEET TO A POINT; RUNNING THENCE SOUTH 72
DEGREES 59 MINUTES 17 SECONDS WEST A DISTANCE OF 99.33 FEET TO THE TRUE POINT OF BEGINNING. 
  

 27 

 EXHIBIT ‘E’ 
  
 RULES AND REGULATIONS 
  
 1. The sidewalks, halls, passages, exits, entrances, retail areas, malls, common areas, parking areas, roadings, elevators, escalators and stairways of
the Building and Project shall not be obstructed by any of the tenants or used by them for any purpose other than for ingress to and egress from their respective premises. The halls, passages, exits, entrances, malls, common areas, parking areas,
roadways, elevators, escalators and stairways are not for the general public and Landlord shall in all cases retain the right to control and prevent access thereto of all persons whose presence in the judgment of Landlord would be prejudicial to the
safety, character, reputation and interests of the Building and its tenants, provided that nothing herein contained shall be construed to prevent such access to persons with whom any tenant normally deals in the ordinary course of its business,
unless such persons are engaged in illegal activities. No tenant and no employee or invitee of any tenant shall go upon the roof of the Building. Subject to Section 11 of the Lease, Landlord shall have the right at any time without the same
constituting an actual or constructive eviction and without incurring any liability to Tenant therefor to change the arrangement and/or location of entrances or passageways, doors or doorways, corridors, elevators, stairs or toilets and to change,
alter, increase, decrease or modify the other common areas of the Building and Project. 
  
 2. The Premises shall not be used for the storage of merchandise held for sale to the general public or for lodging. No cooking shall be done or permitted on the Premises except private use by Tenant of
Underwriters’ Laboratory approved equipment for brewing coffee, tea, hot chocolate and similar beverages and microwave ovens shall be permitted, provided that such use is in accordance with all applicable Federal, state and municipal laws,
codes, ordinances, rules and regulations. 
  
 3. No tenant shall
employ any person or persons other than the janitor of Landlord for the purpose of cleaning its premises unless otherwise agreed to by Landlord in writing. Except with the written consent of Landlord, no person or persons other than those approved
by Landlord shall be permitted to enter the Building for the purpose of cleaning the same. No Tenant shall cause any unnecessary labor by reason of such Tenant’s carelessness or indifference in the preservation of good order and cleanliness.
Landlord shall not be responsible to any tenant, or any other person, for any loss of property on the premises, however occurring. Janitor service will not be furnished on nights when Premises are occupied after 6:00 P.M. unless by additional
agreement in writing. 
  
 4. The Landlord shall designate
appropriate entrances and a “Freight” elevator for deliveries or other movement to or from the premises of equipment, materials, supplies, furniture or other property, and Tenant shall not use any other entrances or elevators for such
purposes. The freight elevator shall be available for use by all tenants in the Building, subject to such reasonable scheduling as Landlord in it discretion shall deem appropriate. All persons employed and means or methods used to move equipment,
materials, supplies, furniture or other property in or out of the Building must be approved by Landlord prior to any such movement. Landlord shall have the right to prescribe the maximum weight, size and position of all equipment, materials,
furniture or other property brought into the Building and the right to approve all items placed on the balconies; balconies shall be kept clean and in good order at all times. Tenant shall not allow any objects or articles to be dropped or thrown
from any window or balcony. Heavy objects shall, if considered necessary by Landlord, stand on a platform of such thickness as is necessary to properly distribute the weight. Landlord will not be responsible for loss of or damage to any such
property from any cause, except as otherwise set forth in the Lease; and subject to the foregoing; all damage done to the Building by moving or maintaining such property shall be repaired at the expense of Tenant. 
  
 5. No tenant shall use or keep in the Premises, Building or the Project any
kerosene, gasoline or inflammable or combustible fluid or material other than limited quantities thereof reasonably necessary for the operation or maintenance of office equipment. No tenant shall use any method of heating or air-conditioning other
than that supplied by Landlord. No tenant shall use or keep or permit to be used or kept any foul or noxious gas or substance in the Premises, or permit or suffer the Premises to be occupied or used in a manner offensive or objectionable to

  

 28 

 Landlord or other occupants of the Building by reason of noise, odors or vibrations, or interfere in any way with other
tenants or those having business in the Building, nor shall any animals or birds be brought or kept in the Premises or the Building. 
  
 6. Tenant acknowledges and agrees to the desirability or the necessity of Landlord, under law or in the prudent management of the Building, organizing and
coordinating within the Building and among all tenants, arrangements and exercises appropriate to maximize the safety of all tenants in the event of fire or any other such disaster which may require the partial or total evacuation of the Building.
Tenant undertakes and hereby agrees to fully cooperate with and participate in any simulated exercises with respect to the foregoing arrangements and exercises arranged from time to time by Landlord. Tenant hereby indemnifies Landlord, and agrees to
hold Landlord harmless, from and against any loss, costs, damages, injuries, or expenses incurred by Tenant as a result of, through, or in conjunction with the arrangement, coordination or performance of the arrangements and exercises as herein
described. 
  
 7. Tenant shall not tamper with or attempt to
adjust temperature control thermostats in the Premises. Landlord shall make adjustments in thermostats as requested by Tenant when consistent with other provisions of this Lease. 
  
 Landlord shall supply during business hours Building standard HVAC Service based on an average electrical connected load of
5 watts per rentable square foot and one person per 100 rentable square feet of the Demised Premises (or on each floor of the Demised Premises if the Demised Premises consist of more than one floor). 
  
 Tenant agrees that Landlord will not be held responsible for performance to
the above specifications in the event that any law or governmental policy shall require Landlord to take measures that will affect the performance of, on the specification of, the HVAC system of the building. 
  
 8. All contractors and technicians rendering any installation service to
Tenant shall be referred to Landlord for approval and supervision prior to performing any services. This applies to all work performed in the Building, including, but not limited to, installation of telephones, telegraph equipment and electrical
devices as well as all installations affecting floors, walls, woodwork, windows, ceilings and any other physical portion of the Building. 
  
 9. Landlord shall have the right, exercisable without notice and without liability to any tenant, to change the name or street address of the Building.

  
 10. Landlord reserves the right to exclude from the Building
between the hours of 6:00 P.M. and 7:00 A.M. and at all hours on Saturdays, Sundays and legal holidays all persons who do not present identification acceptable to Landlord. Each tenant shall provide Landlord with a list of all persons authorized by
Tenant to enter its premises and shall be liable to Landlord for all acts of such persons. Landlord shall in no case be liable for damages for any error with regard to the admission to or exclusion from the Building of any person. In the case of
invasion, mob, riot, public excitement or other circumstances rendering such action advisable in Landlord’s opinion, Landlord reserves the right to prevent access to the Building during the continuance of the same by such action as Landlord may
deem appropriate, including closing doors. 
  
 11. The directory
of the Building will be provided for the display of the name and location of tenants. Landlord reserves the right to restrict the amount of directory space utilized by any tenant. 
  
 12. No curtains, draperies, blinds, shutters, shades, screens or other coverings, hangings or decorations shall be attached
to, hung or placed in, or used in connection with any window of the Building without the prior written consent of Landlord. In any event, with the prior written consent of Landlord, such items shall be installed on the office side of Landlord’s
standard window covering and shall in no way be visible from the exterior of the Building or the interior of the atrium. Tenant shall keep window coverings closed when the effect of sunlight (or the lack thereof) would impose unnecessary loads on
the Building’s heating or air-conditioning system. 
  

 29 

 13. No tenant shall obtain for use in the Premises, ice, drinking water, food, beverage, towel or other
similar services, except at such reasonable hours and under such reasonable written regulations as may be fixed by Landlord. 
  
 14. Each tenant shall ensure that the doors of its premises are closed and locked and that all water faucets, water apparatus and utilities are shut off
before Tenant or Tenant’s employees leave the Premises so as to prevent waste or damage, and for any default or carelessness in this regard, Tenant shall make good all injuries sustained by other tenants or occupants of the Building of
Landlord. On multiple tenancy floors, all tenants shall keep the doors to the Building corridors closed at all times except for ingress and egress. 
  
 15. The toilet rooms, toilets, urinals, wash bowls and other apparatus shall not be used for any purpose other than that for which they were constructed,
no foreign substance of any kind whatsoever shall be thrown therein and the expense of any breakage, stoppage or damage resulting from the violation of this rule shall be borne by Tenant who, or whose employees or invites, shall have caused it.

  
 16. Except with the prior written consent of Landlord, no
tenant shall sell retail newspapers, magazines, periodicals, theater or travel tickets or any other goods or merchandise to the general public in or on the Premises, nor shall any tenant carry on or permit or allow any employee or other person to
carry on the business of stenography, typewriting, printing or photocopying or any similar business in or from the Premises for the service or accommodation of occupants of any other portion of the Building, nor shall the Premises of any tenant be
used for manufacturing of any kind, or any business or activity other than that specifically provided for in Tenant’s Lease. 
  
 17. Tenant shall not install any radio or television antenna, loudspeaker, or other device on the roof or exterior walls of the Building without the prior
written consent of Landlord. No TV or radio or recorder shall be played in such a manner as to cause a nuisance to any other tenant. 
  
 18. There shall not be used in any space, or in the public halls of the Building, either by any tenant or others, any hand trucks except those equipped
with rubber tires and side guards or such other material handling equipment as Landlord may approve. No other vehicles of any kind shall be brought by any tenant into the Building or kept in or about its Premises. 
  
 19. Each tenant shall store all its trash and garbage within its premises. No
material shall be placed in the trash boxes or receptacles if such material is of such nature that it may not be disposed of in the ordinary and customary manner of removing and disposing of office building trash and garbage in the City of Atlanta
without being in violation of any law or ordinance governing such disposal. All garbage and refuse disposal shall be made only through the freight elevator provided for such purposes and at such times as Landlord shall designate. 
  
 20. Canvassing, soliciting, distribution of handbills or any other written
material and peddling in the Building are prohibited, and each tenant shall cooperate to prevent the same. 
  
 21. The requirements of tenants will be attended to only upon application in writing at the office of the Building. Employees of Landlord shall not
perform any work or do anything outside of their regular duties unless under special instructions from Landlord. 
  
 22. Landlord may waive any one or more or these Rules and Regulations for the benefit of any particular Tenant, but no such waiver by Landlord shall be
construed as a waiver of such Rules and Regulations in favor of any other Tenant, nor prevent Landlord from thereafter enforcing any such Rules and Regulations against any or all of the tenants of the Building. 
  

 30 

 23. These Rules and Regulations are in addition to, and shall not be construed to in any way modify or
amend, in whole or in part, the agreements, covenants, conditions and provisions of any lease of premises in the Building. 
  
 24. Landlord reserves the right to make such other reasonable, uniform, written rules and regulations as in its judgment may from time to time be needed
for the safety, care and cleanliness of the Building and for the preservation of good order therein. 
  
 25. For the benefit of all building occupants, their clients and visitors, smoking is not permitted in any of the public areas of the building (especially
the lobbies, corridors, exit stairwells, elevators and restrooms) nor at the main entrances to the buildings. 
  
 26. Except with the prior written consent of the Landlord, Tenant shall not install or operate any steam or internal combustion engine, boiler, machinery,
refrigerating or heating device or air-conditioning apparatus in or about the Premises, or carry on any mechanical business therein. Except for Contaminants (as hereinafter defined) used in the ordinary course of business and in compliance with
Requirements of Law (as hereinafter defined), Tenant and its agents, employees, contractors and invitees shall not use, store, release, generate or dispose of or permit to be used, stored, released, generated or disposed of any Contaminants on or in
the Premises. “Contaminant” shall mean any substance or waste containing hazardous substances, pollutants, and contaminants as those terms are defined in the federal Comprehensive Environmental Response Compensation and Liability Act, 42
U.S.C. Section 9601 et seq. and any substance similarly defined or identified in any other federal, provincial or state laws, rules or regulations governing the manufacture, import, use, handling, storage, processing, release or disposal of
substances or wastes deemed hazardous, toxic, dangerous or injurious to public health or to the environment. This definition includes friable asbestos and petroleum or petroleum-based products. “Requirements of Law” shall mean any federal,
state or local law, rule, regulation, permit, agreement, order or other binding determination of any governmental authority relating to the environment, health or safety. 
  

 31 

 EXHIBIT “F” 
  
 OPERATING EXPENSES 
  
 In addition to the items described in Paragraph 4A of the attached Lease as Operating Expenses, the term Operating Expenses shall also include, without
limitation, the following items: 
  
 General administrative and
management fees; water and sewer charges; sanitary assessments; garbage and waste disposal; license, permit and inspection fees; heat, light, power and other utilities; air conditioning and ventilation; elevator and escalator services; plumbing
service; janitorial and cleaning service; maintenance, repair and service contracts; watchmen, guards and personnel engaged in the management, operation, maintenance, repair and protection of the Project, together with wages, fringe benefits,
payroll taxes and employee benefits applicable thereto; insurance, including, without limitation, all risk insurance coverage, rent loss and boiler and machinery coverage and personal injury and property damage liability insurance; supplies,
materials, tools and equipment; all costs and expenses of contesting by appropriate legal proceedings any matter concerning operating or managing the Project or the amount of validity of any property taxes levied against the Project; the costs and
expenses of all personal property, fixtures and equipment (including window washing machinery) used in the management, operation, maintenance and repair of the Project, including, without limitation, exterior window coverings provided by Landlord
and carpeting in public corridors and common areas; all fees for professional services (including, but not limited to, attorneys’ and accountants’ fees) rendered in connection with the operation, administration and management of the
Project; all consulting fees paid in connection with the operation, maintenance, administration and management of the Project; all costs and expenses of repair, maintenance and cleaning of the roof and exterior of the Building, sidewalks and related
common areas (including loading docks) contiguous to the Building and all common areas (including stairs and elevators) window cleaning and similar functions; all costs and expenses for repair or replacement of parts or portions of the Project
damaged by fire, flood or other casualty, which costs are not covered by proceeds of insurance carried by Landlord (i) as the result of the applicability of the deductible feature of any such insurance policies, or (ii) for any reason
other than the particular casualty involved being expressly and affirmatively excluded from coverage by the specific language of such insurance policies; all costs and expenses for repair and maintenance of all support systems serving the Project,
including, but not limited to, water, electrical, gas, fuel, steam, smoke, sewage, elevator, heating, ventilation and air conditioning systems serving the Building; and all other expenditures with respect to the operation, maintenance,
administration and management of the Project which are affected in accordance with accepted principles of sound management and accounting practices as applied to the operation, maintenance, administration and management of first-class office
buildings in Atlanta, Georgia. 
  
 Expenses specifically excluded from Operating
Expenses include, without limitation: (i) charitable and political donations; (ii) salaries of employees not associated with the Project; and (iii) fines, fees, penalties and/or late charges caused by Landlord’s negligence.

  

 32 

 EXHIBIT “G” 
  
 BASE RENTAL ADJUSTMENT 
  
 Landlord and Tenant agree that the Base Rent as shown at Paragraph 1.B of the Lease shall be adjusted annually during the Lease term on the anniversary date or the first
day of the month in which the anniversary date will occur, if the anniversary is a day other than the first day of a month, as provided below: 
  

										
	 PERIOD

	  	 ANNUAL RATE
 PER RSF/PER YR

	  	 MONTHLY
 BASE RENT

	  	 ANNUAL
 BASE RENT

	 Year 1
	  	$	23.00	  	$	32,397.42	  	$	388,769.00
	 Year 2
	  	$	23.58	  	$	33,214.40	  	$	398,572.74
	 Year 3
	  	$	24.17	  	$	34,045.46	  	$	408,545.51
	 Year 4
	  	$	24.77	  	$	34,890.61	  	$	418,687.31
	 Year 5
	  	$	25.39	  	$	35,763.93	  	$	429,167.17
	 Year 6
	  	$	26.02	  	$	36,651.34	  	$	439,816.06
	 Year 7
	  	$	26.67	  	$	37,566.92	  	$	450,803.01
	 Year 8
	  	$	27.34	  	$	38,510.67	  	$	462,128.02
	 Year 9
	  	$	28.02	  	$	39,468.51	  	$	473,622.06
	 Year 10
	  	$	28.72	  	$	40,454.51	  	$	485,454.16

  

 33 

 EXHIBIT “H” 
  
 SECRETARY’S CERTIFICATE 
  
 State of
            California             
  
 County of             Los
Angeles             
  
 I,             Mary C. Adams                    , Corporate
Secretary of Learning Tree International USA, Inc., a Delaware corporation, certify that by authority duly given by the corporation, 
  
     Joel
Stream                 (Name) is authorized to execute this lease on behalf of 
  
 Learning Tree International USA, Inc. 
  
 Witness my hand and official seal, this 10 day of October, 2000. 
  

	
	 /s/ Mary C. Adams

	 Corporate Secretary of Learning Tree
 International USA,
Inc.

  

 34

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