Document:

nashvilleleaseamendments

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

DocuSign Envelope ID: FB231FAF-C745-4FAF-9306-C7776E37E7C3                                    FIFTH AMENDMENT TO LEASE                   This Fifth Amendment to Lease (this “Amendment”) is dated to be effective as of Wed            Apr 25, 2018 (the “Effective Date”) by and between CUMMINS STATION, LLC, a Tennessee            limited  liability  company  (“Landlord”),  and  EVENTBRITE,  INC., a  Delaware  corporation            (“Tenant”).                                              RECITALS:                   WHEREAS, Landlord and Tenant entered into a Lease Agreement effective as of May            12,  2014, as  most  recently  amended  by  that  certain Fourth Amendment  to  Lease  dated  to  be            effective as of January 28, 2018 (as amended, the “Lease”) within the Cummins Station Building            (the “Building”); and                   WHEREAS, Landlord and Tenant desire to amend certain portions of the Lease, all as set            forth herein.                   NOW,  THEREFORE,  for  and  in  consideration  of  the  foregoing  premises  and  other            valuable considerations, the receipt and sufficiency of which are hereby acknowledged, Landlord            and Tenant hereby amend the Lease as follows:                   1. Incorporation.  Defined terms herein shall have the same meanings as set forth in the            Lease or the recitals unless otherwise provided herein.  The matters set forth in the recitals above            are hereby incorporated by reference.                   2. Expansion.  Landlord  shall  deliver  to  Tenant  the Coterminous  Space consisting  of            Suites 309 and 311 consisting of approximately 6,800 rentable square feet, as shown on Exhibit            A to  this  Amendment (the  “Expansion  Space”).  Suite 309  will  be  delivered  in  its  “as  is”            condition on July 1, 2018 (the “309 Delivery Date”).  Suite 311 will be delivered in its “as is”            condition on January 1, 2019 (the “311 Delivery Date”).                   3. Allowance.  Landlord  will  provide  to  Tenant  an  allowance  of  $45.00 per  rentable            square  foot within  the  Expansion  Space, plus  $10.00  per  rentable  square  feet  in  the  existing            Premises  of  19,372  rentable  square  feet,  for  a  total  of  $499,720.00 (the  “Allowance”), which            may be used in the existing Premises or the Expansion Space, and shall payable as set forth in            Section 6 of the Workletter attached to that Second Amendment to Lease dated as of March 22,            2016 (the “Workletter”).    Landlord and Tenant agree that Landlord shall have full discretion to            allocate  or  apportion  the  Allowance  in  a  way  that  maximizes  Landlord’s  tax  benefits  under            applicable Internal Revenue Service regulations, including without limitation the application or            allocation to the completion of improvements to building systems and improvements that qualify            as qualified improvements and or qualified real property and/or repairs and maintenance under            tangible asset regulations.  Tenant agrees to report such expenses consistently with Landlord’s            determination.                   4. Commencement.  Commencement  of  the  Term  applicable  to Suite  309  of  the            Expansion Space (the “309 Commencement Date”) shall be the earlier of (a) Tenant’s occupancy            and business use of Suite 309, or (b) September 1, 2018.  Commencement of the Term applicable            to Suite 311 of the Expansion Space (the “311 Commencement Date”) shall be the earlier of (a)            Tenant’s occupancy and business use of Suite 311, or (b) March 1, 2019.            4847-9634-4672.3                                                  1             

 

DocuSign Envelope ID: FB231FAF-C745-4FAF-9306-C7776E37E7C3                   5. Extension of Term. The Term of the Lease shall be extended to the date that is the            later  of  (a) eighty-four  (84)  months  following  the  311  Commencement  Date,  or February  28,            2026.  Base Rent  per  rentable square foot on the existing Premises  from  and after January 1,            2023, shall be the same as set forth in Section 6 below.                   6. Base Rent.  Commencing on the 309 Commencement Date and 311 Commencement            Date, respectively, the Base Rent payable under the Lease for Suite 309 and Suite 311 shall be            the sum of the Base Rent for the current Premises plus the Base Rent for Suite 309 and Suite            311.  Base Rent for Suite 309 and Suite 311 of the Expansion Space shall be as set forth below,            with changes on the dates noted:                                                Suite 309                      Change Date  Base Rent     Annual      Monthly Installment                       12/1/2018     $38.20     $63,034.46        $5,252.87                       12/1/2019     $39.35     $64,925.49        $5,410.46                       12/1/2020     $40.53     $66,873.25        $5,572.77                       12/1/2021     $41.75     $68,879.45        $5,739.95                       12/1/2022     $43.00     $70,945.83        $5,912.15                       12/1/2023     $44.29     $73,074.21        $6,089.52                       12/1/2024     $45.62     $75,266.44        $6,272.20                       12/1/2025     $46.98     $77,524.43        $6,460.37                                                                                                      Suite 311                      Change Date  Base Rent     Annual      Monthly Installment                       12/1/2018     $38.20    $196,743.91        $16,395.33                       12/1/2019     $39.35    $202,646.22        $16,887.19                       12/1/2020     $40.53    $208,725.61        $17,393.80                       12/1/2021     $41.75    $214,987.38        $17,915.61                       12/1/2022     $43.00    $221,437.00        $18,453.08                       12/1/2023     $44.29    $228,080.11        $19,006.68                       12/1/2024     $45.62    $234,922.51        $19,576.88                       12/1/2025     $46.98    $241,970.19        $20,164.18                                     7. Proportionate  Share.  From  and  after  the 309  Commencement  Date,  the  Premises            shall be deemed to include 21,022 rentable square feet.  The Proportionate Share of Tenant shall            be 5.26%.  From  and  after  the  311  Commencement  Date,  the  Premises  shall  be  deemed  to            include 26,172 rentable square feet.  The Proportionate Share of Tenant shall be 6.54%.                       8. Parking Passes.                           (a)   Suite 309.  Tenant  shall  have an  additional  ten  (10) parking  passes,  not            including  multi-person  parking  passes, in  lots  serving  the  Building  from  and  after  the 309            Expansion  Commencement, not  including  Multi-Person  Parking  Access  Passes, subject  to  the             4847-9634-4672.3                                                  2             

 

DocuSign Envelope ID: FB231FAF-C745-4FAF-9306-C7776E37E7C3             provisions, including payment amounts, as set forth in the Second Amendment to Lease.  The            cost  for five (5)  of  the  parking  passes  shall  be the Building’s “by  right” parking  pass  rate  of            $113.61 for 2018, with three percent (3.0%) increases each January 1st thereafter, and the cost for            the remaining five (5) parking passes will be the market rate applicable to parking passes for the            Building,  calculated  as  $145.75 per  pass  per  month,  with  three  percent  (3.0%)  increases each            January 1st thereafter, in each case not including Parking Expense Increases, but subject to the            provisions  and  limitations  regarding  market  rate  as  set  forth  in Section  4(a) of  the  Second            Amendment to Lease.                         (b)   Total  Parking.   From  and  after  the  309  Expansion  Commencement,             Tenant  shall  have  a  total  of  117  parking  passes.  The  cost  for  sixty  three  (63)  of  the  parking            passes  shall  be  the  Building’s  “by  right”  parking  pass  rate  of  $113.61  for  2018,  with  three            percent (3.0%) increases each January 1st thereafter, and the cost for the remaining fifty four (54)            parking passes will be the market rate applicable to parking passes for the Building, calculated as            $145.75 per pass per month, with three percent (3.0%) increases each January 1st thereafter, in            each case not including Parking Expense Increases, but subject to the provisions and limitations            regarding market rate as set forth in Section 4(a) of the Second Amendment to Lease                         (c)   Suite 311.   Tenant  shall  have  an  additional  twenty-nine  (29)  parking            passes, not including multi-person parking passes, in lots serving the Building from and after the            311 Expansion Commencement, not including Multi-Person Parking Access Passes, subject to            the provisions, including payment amounts, as set forth in the Second Amendment to Lease.  The            cost for sixteen (16) of the parking passes shall be the Building’s “by right” parking pass rate of            $117.02 for 2019, with three percent (3.0%) increases each January 1st thereafter, and the cost for            the remaining thirteen (13) parking passes will be the market rate applicable to parking passes            for the Building, calculated as $150.12 per pass per month, with three percent (3.0%) increases            each  January  1st thereafter,  in  each  case plus Parking  Expense  Increases,  but  subject  to  the            provisions  and  limitations  regarding  market  rate  as  set  forth  in Section  4(a) of  the  Second            Amendment to Lease.                         (d)   Total  Parking.   From  and  after  the  311  Expansion  Commencement,             Tenant shall have a total of 146 parking passes. The cost for seventy nine (79) of the parking            passes  shall  be  the  Building’s  “by  right”  parking  pass  rate  of  $117.02  for  2019,  with  three            percent (3.0%) increases each January 1st thereafter, and the cost for the remaining sixty seven            (67)  parking  passes  will  be  the  market  rate  applicable  to  parking  passes  for  the  Building,            calculated as $150.02 per pass per month, with three percent (3.0%) increases each January 1st            thereafter, in each case not including Parking Expense Increases, but subject to the provisions            and limitations regarding market rate as set forth in Section 4(a) of the Second Amendment to            Lease.                   9. Base Rent Adjustment.  There is hereby added to the Lease a new Section 2(c)(vi) as            follows:                   “(vi) Taxes,  Insurance,  Operating  Expenses,  and  Parking  Expense  Increases  are                  determined for the Expense Stop, Base Year, and annual determinations of the Base Rent                  Adjustment and charge for Parking Expense Increases based on the current configuration                  of  buildings,  improvements  and  parcels  of  real  property  providing  tenant  premises,                  parking and other support services for the Building, including parcels owned by Landlord             4847-9634-4672.3                                                  3             

 

DocuSign Envelope ID: FB231FAF-C745-4FAF-9306-C7776E37E7C3                   affiliates.  In the event that real property or improvements is reconfigured or replaced by,                  among other things, structured parking, whether on a temporary or permanent basis, and                  whether on parcels owned by Landlord or Landlord’s affiliates, Landlord may recalculate                  the component elements of Taxes, Insurance, Operating Expenses, and the calculation of                  Parking  Expense  Increases  consistent  with  such  reconfiguration  or  other  services  that                  may  be  provided,  and  make  revisions  to  the  Expense  Stop  and  Base  Year  as  may  be                  deemed necessary or appropriate by Landlord to reflect such reconfiguration; provided:                                          a.    Landlord  provides  written  notice  of  the  adjustment  to  Tenant  and  a                  description of the basis for such adjustment;                                          b.    The adjustment shall result in no net increase to Tenant for the Base Rent                  Adjustment or Parking Expense Increases for the Calendar Year in which the adjustment                  is  applicable,  and  in  no  event  shall  any  cost  component  be  double-billed  to  Tenant,                  whether as a component of Taxes,  Insurance, Operating Expenses, or Parking Expense                  Increases;                                           c.    The elements of Operating Expenses and Parking Expense Increases shall                  comply  with  the  provisions  of Section  2(b)(ii) of  the  Lease  with  respect  to  Parking                  Expense Increases and with the provisions of Section 2(c)(i)(f) of the Lease with regard                  to Operating Expenses; and                                          d.    The  adjustment  shall  take  effect  at  such  time  as  may  be  required  or                  approved by Landlord’s lender.”                   10. Confirmation  of  Lease.   Except  as  herein  modified  and  amended, the  terms  and            conditions of the Lease shall remain in full force and effect.                   11. Execution.   This  Amendment  may  be  executed  by  each  of  the  parties  hereto  in            separate counterparts with the same effect as if all parties hereto executed the same counterpart.            Each  such  counterpart  shall  be  deemed  an  original  and  all  of  such  counterparts  together  shall            constitute one and the same instrument. A counterpart executed by a party hereto and transmitted            to the other parties hereto via facsimile will have the same effect as the delivery of the original            counterpart.                   12. Applicable Law.  This Amendment shall be governed by and construed in accordance            with the laws of the State of Tennessee.                                 [SIGNATURES ON FOLLOWING PAGE]              4847-9634-4672.3                                                  4             

 

DocuSign Envelope ID: FB231FAF-C745-4FAF-9306-C7776E37E7C3                               IN WITNESS WHEREOF, the parties have caused this Amendment to be duly executed            pursuant to authority duly given to be effective as of the Effective Date.                                                 LANDLORD:                                                                                                CUMMINS  STATION,  LLC,  a  Tennessee  limited                                                liability company                                                                                                                                                                                                By:                                                                                             ZACHARY P. LIFF, President                                                    2018-04-25                                               Date:                                                                                                                                                            TENANT:                                                                                                EVENTBRITE, INC., a Delaware corporation                                                                                                By:                                                                                                 Samantha Harnett                                               Print Name:                                                                                                                               Title: Vice President, General Counsel                                                        2018-04-30                                               Date:                                                   4847-9634-4672.3            4/25/18              

 

DocuSign Envelope ID: FB231FAF-C745-4FAF-9306-C7776E37E7C3                                                                                             EXHIBIT A                                                                   EXPANSION SPACE                                                                                                                                                                                                                                                                     4847-9634-4672.3                  4/25/18                    

 

DocuSign Envelope ID: 68B029EB-4967-46C4-BF03-F8DF8718C134                                    SIXTH AMENDMENT TO LEASE                   This Sixth Amendment to Lease (this “Amendment”) is dated to be effective as of June            24   , 2019 (the “Effective Date”) by and between CUMMINS STATION, LLC, a Tennessee            limited liability company (“Landlord”), and EVENTBRITE, INC., a Delaware corporation            (“Tenant”).                                              RECITALS:                   WHEREAS, Landlord and Tenant entered into a Lease Agreement effective as of May            12, 2014, as most recently amended by that certain Fifth Amendment to Lease dated to be            effective as of April 25, 2018 (as amended, the “Lease”) within the Cummins Station Building            (the “Building”); and                   WHEREAS, Landlord and Tenant desire to amend certain portions of the Lease, all as set            forth herein.                   NOW, THEREFORE, for and in consideration of the foregoing premises and other            valuable considerations, the receipt and sufficiency of which are hereby acknowledged, Landlord            and Tenant hereby amend the Lease as follows:                   1. Incorporation.  Defined terms herein shall have the same meanings as set forth in the            Lease or the recitals unless otherwise provided herein.  The matters set forth in the recitals above            are hereby incorporated by reference.                   2. Expansion and Term.  Landlord shall deliver to Tenant Suite 402 consisting of            approximately 3,200 rentable square feet, as shown on Exhibit A to this Amendment (the “Sixth            Amendment Expansion Space”).  The Sixth Amendment Expansion Space will be delivered in its            “as is” condition on July 1, 2019 (the “Expansion Commencement Date”), and the Term            applicable to the Sixth Amendment Expansion Space shall commence on the Expansion            Commencement Date.  The Term applicable to the Sixth Amendment Expansion Space only            shall terminate on July 31, 2021, notwithstanding any other provision of the Lease; provided,            however, that Tenant may terminate the Term applicable to the Sixth Amendment Expansion            Space only, such termination to be effective on any date following July 31, 2020, with no less            than sixty (60) days prior written notice to Landlord.                   3. Base Rent.  Commencing on the Expansion Commencement Date, the Base Rent            payable under the Lease for the Sixth Amendment Expansion Space shall be at the same rate as            applicable to Suites 309 and 311 as set forth in that certain Fifth Amendment to Lease dated            April 25, 2018 (the “Fifth Amendment”), as set forth on Exhibit B to this Amendment; provided,            however, that no Base Rent shall be due for the month of July, 2019.  Base Rent Adjustment            shall be due pursuant to the terms of the Lease for the additional rentable square footage in the            Sixth Amendment Expansion Space during the Term applicable to the Sixth Amendment            Expansion Space.                   4. Allowance.  Landlord has provided to Tenant an Allowance under the Fifth            Amendment.  In the event the budget for Tenant Improvements in the Expansion Space, as            defined in the Fifth Amendment, is less than the Allowance, the excess Allowance may be used            for Tenant Improvements in the Sixth Amendment Expansion Space.             6/24/19              

 

DocuSign Envelope ID: 68B029EB-4967-46C4-BF03-F8DF8718C134                   5. Parking Passes.  Notwithstanding any other provision of the Lease, Tenant shall be            issued no additional parking passes in connection with the Sixth Amendment Expansion Space.                   6. Consideration of Sixth Amendment Expansion Space.  The Sixth Amendment            Expansion Space shall be deemed a portion of the Premises for all purposes under the Lease,            except as limited or altered by the provisions of this Amendment.  For purposes of any right of            expansion, right of first offer, or right of first refusal now or hereafter accruing to Tenant, the            Sixth Amendment Expansion Space shall not be deemed a portion of the Premises except to the            extent that any right of expansion, offer, refusal, or renewal is capped by or contingent on the            total rentable square footage within the Premises prior to or after such expansion; provided,            however, that the Sixth Amendment Expansion Space shall be included in the calculation of total            rentable square footage for the Premises during the Term applicable to the Sixth Amendment            Expansion Space.                    7. Confirmation of Lease.  Except as herein modified and amended, the terms and            conditions of the Lease shall remain in full force and effect.                   8. Execution.  This Amendment may be executed by each of the parties hereto in            separate counterparts with the same effect as if all parties hereto executed the same counterpart.            Each such counterpart shall be deemed an original and all of such counterparts together shall            constitute one and the same instrument. A counterpart executed by a party hereto and transmitted            to the other parties hereto via facsimile will have the same effect as the delivery of the original            counterpart.                   9. Applicable Law.  This Amendment shall be governed by and construed in accordance            with the laws of the State of Tennessee.                                 [SIGNATURES ON FOLLOWING PAGE]                                                   6/24/19                               2             

 

DocuSign Envelope ID: 68B029EB-4967-46C4-BF03-F8DF8718C134                   IN WITNESS WHEREOF, the parties have caused this Amendment to be duly executed            pursuant to authority duly given to be effective as of the Effective Date.                                                 LANDLORD:                                                                                                CUMMINS STATION, LLC, a Tennessee limited                                                liability company                                                                                                                                                                                                By:                                                                                             ZACHARY P. LIFF, President                                                            6/26/2019                                               Date:                                                                                                                                                            TENANT:                                                                                                EVENTBRITE, INC., a Delaware corporation                                                                                                By:                                                                                                                                       Print Name:Simaanthi  Balaraman                                                                                                           Title: Global Head, Real Estate & Facilities                                                  Date:2019-06-24                                                                                                                                 6/24/19                               3             

 

DocuSign Envelope ID: 68B029EB-4967-46C4-BF03-F8DF8718C134                                                                           EXHIBIT A                                                                   EXPANSION SPACE                                                                                                                                                           To Be Attached                    6/24/19                    

 

DocuSign Envelope ID: 68B029EB-4967-46C4-BF03-F8DF8718C134                                              EXHIBIT B                                       BASE RENT SCHEDULE                                                                                                  Suite 402                           Change Date Base Rent Annual   Monthly Installment                            7/1/2019*  $38.20  $122,240.00   $10,186.67                            12/1/2019  $39.35  $125,920.00   $10,493.33                            12/1/2020  $40.53  $129,696.00   $10,808.00                             *No rent will be due for the month of July 2019.                                                                                                                    6/24/19              

 

DocuSign Envelope ID: 77361F33-25BA-4DFB-8AF5-7801445480827E48EB35-C1A7-4FF9-9701-7C039954F441                                  SEVENTH AMENDMENT TO LEASE                   This Seventh Amendment  to  Lease  (this  “Amendment”)  is  dated  to  be  effective  as  of            December  19 ,  2019 (the  “Effective  Date”)  by  and  between  CUMMINS  STATION,  LLC,  a            Tennessee  limited  liability  company  (“Landlord”),  and  EVENTBRITE,  INC.,  a  Delaware            corporation (“Tenant”).                                              RECITALS:                   WHEREAS, Landlord and Tenant entered into a Lease Agreement effective as of May            12, 2014 (as amended, the “Lease”), as most recently amended by that certain Sixth Amendment            to Lease dated to be effective as of June 24, 2019 (the “Sixth Amendment”) within the Cummins            Station Building (the “Building”); and                   WHEREAS, Landlord and Tenant desire to amend certain portions of the Lease, all as set            forth herein.                   NOW,  THEREFORE,  for  and  in consideration  of  the  foregoing  premises  and  other            valuable considerations, the receipt and sufficiency of which are hereby acknowledged, Landlord            and Tenant hereby amend the Lease as follows:                   1. Incorporation.  Defined terms herein shall have the same meanings as set forth in the            Lease or the recitals unless otherwise provided herein.  The matters set forth in the recitals above            are hereby incorporated by reference.                   2. Expansion and  Term.  Landlord  shall  deliver  to  Tenant Suite  400 consisting  of            approximately  10,069  rentable  square  feet,  as  shown  on Exhibit  A to  this  Amendment (the            “Seventh Amendment Expansion Space”) in  its  “as  is”  condition.  The Seventh Amendment            Expansion Space will be delivered in its “as is” condition on August 1, 2020 (the “Expansion            Commencement Date”), and the Term applicable to the Sixth Amendment Expansion Space shall            commence on the Expansion Commencement Date and shall continue until February 28, 2026.             From  and  after  the  Expansion  Commencement  Date,  the  Premises  shall consist  of 39,441            rentable  square  feet,  and  the  Tenant’s  Proportionate  Share  shall  equal 9.86% until  the  Term            applicable to Suite 402 ends pursuant to the provisions of the Sixth Amendment, at which time            Tenant’s Proportionate Share shall be adjusted.                   3. Base  Rent.  Commencing  on  the Expansion  Commencement  Date,  the  Base  Rent            payable for Suite 400 shall be as follows; provided, however, that no Base Rent shall be due for            Suite 400 for the months of August and September 2020.  Base Rent Adjustment shall be due for            Suite 400 and the remainder of the Premises pursuant to the terms of the Lease for the additional            rentable square footage in the Seventh Amendment Expansion Space; provided, however, that no            Base Rent Adjustment for Suite 400 shall be due for the months of August and September 2020.             Additional  Rent  due  for  parking  and  utilities  will  be  due  commencing  on  the  Expansion            Commencement Date.                                                Suite 400                      Change Date  Base Rent     Annual      Monthly Installment                        8/1/2020     $0.00         N/A              $0.00                       10/1/2020     $40.54    $408,226.46        $34,018.87            12/19/19              

 

DocuSign Envelope ID: 77361F33-25BA-4DFB-8AF5-7801445480827E48EB35-C1A7-4FF9-9701-7C039954F441                        12/1/2020     $41.79    $420,805.53        $35,067.13                       12/1/2021     $43.08    $433,761.97        $36,146.83                       12/1/2022     $44.40    $447,107.11        $37,258.93                       12/1/2023     $45.77    $460,852.60        $38,404.38                       12/1/2024     $47.18    $475,010.46        $39,584.20                       12/1/2025     $48.62    $489,593.05        $40,799.42                                     4. Parking Passes.  Tenant shall be issued and shall pay for forty (40) additional parking            passes pursuant to the terms of the Lease at the all-in parking pass 2020 rate of $136.96 (based            on the basic rate and a Parking Expense Increase of $12.83 per pass), such rate increasing three            percent  (3%)  each  January  1st thereafter.  The  increase  in  parking  passes  includes  ten  (10)            additional  passes  relating  to  Suite  402,  and  terms  of Section  5 of  the Sixth Amendment  are            hereby amended with respect to parking passes; provided, however, that if the Term of the Lease            for Suite 402 is not extended, such parking passes will terminate with the occupancy of Suite            402.  The 2020 rate of $136.96 is hereby established pursuant to Section 2(b)(v) of the Lease as            the generally applicable rate for tenants in the Building for the initial three parking passes per            thousand rentable square feet, and the Parking Expense Increase will be reset to $0.  Nothing set            forth herein shall diminish Landlord’s right to increase the cost of parking passes from time to            time to rates no greater than the rates generally applicable to other tenants in the Building or to            establish future Parking Expense Increases.                    5. Suite 402.  With written notice no later than one hundred eighty (180) days prior to            the expiration date of the Term applicable to Suite 402 pursuant to the Sixth Amendment, which            terminates on July 31, 2021, Tenant shall have the right to extend the Term of Suite 402 to the            Expiration Date  of  the  Lease  with  Base  Rent  at  the  same  rate  as  is  applicable  to  Suite  311.             Tenant hereby waives the right of early termination as to Suite 402 as set forth in Section 2 of the            Sixth Amendment.                   6. New Signage.  Subject to Section 7 below, Tenant, at Tenant’s sole cost and expense,            may erect an illuminated building-exterior sign in the location shown on the approved signage            plan for the Building (the “Signage Plan”) attached hereto as Exhibit B; provided, however, if            Tenant  has not  exercised  this  right  by  the  date  that  is  nine  (9)  months  from  the  date  of  last            execution of this Amendment, Tenant shall no longer have this right.                   7. Signage Relocation.  In the absence of any Event of Default under the Lease, or any            condition that with notice or the passage of time would constitute an Event of Default, and in the            event  that  a  signage  location  becomes  available on  the  north  end  of  the  Building  facing            Demonbreun  Street  per  the  Signage  Plan,  Landlord  will  provide  notice  to  Tenant  of  the            availability  for  building  signage  in  such  location  or,  if  multiple  locations  are  available,  in  the            location designated by Landlord, and Tenant shall have five (5) business days to exercise a right            to  relocate  its  signage  to  such  location;  provided,  however, that  unless  Tenant  is  able  to  gain            approvals,  manufacture  and  complete  removal  of  existing  signage  and  installation  of  such            relocated signage prior to the date that is thirty-six (36) months or more before the Expiration            Date, Tenant may not exercise the right unless the Term is extended on terms mutually agreed by            Landlord and Tenant.  Availability shall be subject and subordinate to any existing rights, and to            new tenants that require signage and that occupy 15,000 rentable square feet or more and whose            space is predominantly at the Demonbreun end of the Building.             12/19/19                              2             

 

DocuSign Envelope ID: 77361F33-25BA-4DFB-8AF5-7801445480827E48EB35-C1A7-4FF9-9701-7C039954F441                         (a)   If Tenant exercises the right to relocate signage, Tenant, at Tenant’s sole            expense, shall remove the signage granted under Section 6 above, repair and re-patch any surface            in conjunction with such removal in a manner reasonably satisfactory to Landlord, and cause the            signage to be erected in the new location.  Tenant may have only one sign on the Building at any            one time.                   8. Signage Approval and Maintenance.  With respect to signage under either Sections 6            or 7 above, there shall be no rent or license payments required to be paid by Tenant for such            signage.   All  signage  shall  be  at  Tenant’s  expense,  and  subject  to  Landlord’s  approval  in            Landlord’s  sole  discretion.  Notwithstanding  any  other  provision of  the Lease or  this            Amendment, all signage, including without limitation placement, location and any illumination,            shall  be  subject  to  approval  by  applicable  governing  authorities,  including  without  limitation            approval  by  the  Metropolitan  Development  and Housing  Administration  and  to  all  statutes,            ordinances and regulations applicable as of the date of such approvals.                         (b)   Landlord shall have the right from time to time to temporarily remove or            adjust  the  signage  to  facilitate  maintenance  or  other  activities  on  the  Building  provided  such            temporary removal or adjustment shall not exceed  such time as is reasonably required for the            applicable  maintenance  or  other  activities  without  the  Tenant’s  prior  consent.   In  such  event,            Landlord  shall  remove  and  replace  the  signage  or  otherwise  adjust  the  signage  at  Landlord’s            expense.  On termination or expiration of the Lease for any reason, or if Tenant is permitted to            assign this Lease to an entity not using Tenant’s name or brand, Tenant shall at Tenant’s sole            expense remove all signage and mounting hardware and patch and replace any affected Building            elements, restoring  them to their original condition subject  to normal wear and tear, and such            obligation shall not be diminished by Landlord’s exercise of its temporary removal right.  Tenant            at Tenant’s expense shall maintain the signs in good and sightly condition; provided, however,            that if Landlord in Landlord’s reasonable discretion determines the signs are not so maintained,            Landlord shall have the right but not the duty to provide such maintenance and to bill Tenant for            the reasonable costs thereof as Additional Rent.                   9.  Contingency.  Notwithstanding the foregoing, this Amendment is contingent on the            current tenant in Suite 400 terminating its lease with respect to Suite 400.                   10. Confirmation  of  Lease.   Except  as  herein  modified  and  amended,  the  terms  and            conditions of the Lease shall remain in full force and effect.                   11. Execution.   This  Amendment  may  be  executed  by  each  of  the  parties  hereto  in            separate counterparts with the same effect as if all parties hereto executed the same counterpart.            Each  such  counterpart  shall  be  deemed  an  original  and  all  of  such  counterparts  together  shall            constitute one and the same instrument. A counterpart executed by a party hereto and transmitted            to the other parties hereto via facsimile will have the same effect as the delivery of the original            counterpart.                   12. Applicable Law.  This Amendment shall be governed by and construed in accordance            with the laws of the State of Tennessee.                                 [SIGNATURES ON FOLLOWING PAGE]              12/19/19                              3             

 

DocuSign Envelope ID: 77361F33-25BA-4DFB-8AF5-7801445480827E48EB35-C1A7-4FF9-9701-7C039954F441                   IN WITNESS WHEREOF, the parties have caused this Amendment to be duly executed            pursuant to authority duly given to be effective as of the Effective Date.                                                 LANDLORD:                                                                                                CUMMINS STATION, LLC, a Tennessee limited                                                liability company                                                                                                                                                By:                                                                                             ZACHARY P. LIFF, President                                                                 12/20/2019                                               Date:                                                                                                                                                            TENANT:                                                                                                EVENTBRITE, INC., a Delaware corporation                                                                                                                                                By:                                                                                                                                       Print Name:Christine  Hernandez                                                                                                           Title: Head of Tax                                                                            2019-12-19                                               Date:                                                                                                                                           12/19/19                              4             

 

DocuSign Envelope ID: 77361F33-25BA-4DFB-8AF5-7801445480827E48EB35-C1A7-4FF9-9701-7C039954F441                                                                           EXHIBIT A                                                                   EXPANSION SPACE                                                                                                       12/19/19                    

 

DocuSign Envelope ID: 77361F33-25BA-4DFB-8AF5-7801445480827E48EB35-C1A7-4FF9-9701-7C039954F441                                                                           EXHIBIT B                                                                      NEW SIGNAGE                                                                                                                                                                                                                                                            12/19/19EX-10.1

 Exhibit 10.1 

EXECUTION VERSION 
 AGREEMENT

 AGREEMENT (the “Agreement”), dated February 29, 2020, by and among Exterran Corporation, a
Delaware corporation (the “Company”), and Chai Trust Company, LLC, an Illinois limited liability company (“Chai Trust”). 

WHEREAS, funds managed by and affiliated with Chai Trust (each, a “Chai Trust Fund” and collectively, the
“Chai Trust Funds”) collectively held 4,631,691 shares of Common Stock as of February 10, 2020; 
 WHEREAS, the
Company and Chai Trust wish to provide for a constructive, orderly and mutually beneficial relationship between themselves; 

WHEREAS, Chai Trust wishes to provide for the acquisition of Beneficial Ownership of additional shares of Common Stock in one or more
transactions from time to time, in open market purchases, block transactions, or privately negotiated transactions, pursuant to which Chai Trust or one or more Chai Trust Funds may become an “interested stockholder” as defined in
Section 203 of the General Corporation Law of the State of Delaware (the “DGCL”, and such future transactions that collectively result in Chai Trust or a Chai Trust Fund becoming interested stockholders, the
“Stock Purchases”); and 
 WHEREAS, Chai Trust and the Chai Trust Funds generally would be subject to certain
restrictions under Section 203 of the DGCL if they should proceed with the Stock Purchases in the absence of the prior approval thereof by the Board of Directors of the Company (the “Board”) and Chai Trust has requested that
the Board consider approving the Stock Purchases in accordance with Section 203 of the DGCL and, in connection with obtaining such approval, Chai Trust has agreed to enter into this Agreement. 

NOW, THEREFORE, the parties hereto agree as follows: 
  

	1.	 Certain Definitions. 

(a)    “Acquisition Transaction” means the acquisition or purchase of more than
50%    of the consolidated assets or the Common Stock of, or any merger, consolidation or other form of business combination with, the Company. 

(b)    “Affiliate” has the meaning ascribed to such term in Rule
12b-2 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), and the rules and regulations of the Securities and Exchange Commission (the “Commission”)
thereunder (the “Exchange Act Rules”) as in effect on the date hereof (the term “registrant” in Rule 12b-2 meaning in this case the Company or Chai Trust, as the case may be);
except that, for the purposes of this Agreement, the Company and its subsidiaries shall not be deemed to be Affiliates of any Prohibited Person and no Prohibited Person shall be deemed to be an Affiliate of the Company and its subsidiaries. 

(c)    A Person shall be deemed the “Beneficial Owner” and have “Beneficial Ownership”
of and shall be deemed to “Beneficially Own” any securities which such Person beneficially owns within the meaning of Rule 13d-3 under the Exchange Act Rules. 

 (d)     “Common Stock” means the shares of common
stock, $0.01 par value per share, of the Company. 
 (e)    “Disinterested Directors” means the members
of the Board at the relevant date of determination that are independent of Chai Trust under the DGCL and applicable law. 

(f)     “Permitted Acquisition Transaction” shall mean any Acquisition Transaction approved by the Board
of Directors of the Company. 
 (g)    “Person” means any individual, firm, corporation or other entity
and shall include any group comprised of any Person and any other Person with whom such Person or an Affiliate of such Person has any agreement, arrangement or understanding, directly or indirectly, for the purpose of acquiring, holding, voting or
disposing of any securities. 
 (h)    “Standstill Period” means a period of time beginning on the date
of this Agreement and ending on the earlier of (i) the date that is three years after the date of this Agreement, (ii) the date the Company announces (w) any acquisition, or the entry into an agreement providing for the acquisition,
of at least a majority of the Common Stock by any person or group, (x) any acquisition, or the entry into an agreement providing for the acquisition, of at least a majority of the consolidated assets of the Company and its subsidiaries by any
person or group, (y) any business combination transaction that results in any person other than a Prohibited Person Beneficially Owning at least a majority of the outstanding Common Stock or the surviving parent entity in such business
combination transaction or (z) any recapitalization, liquidation, or dissolution of the Company, or (iii) the date that any Person (other than a Prohibited Person) commences any tender or exchange offer pursuant to which such Person would
acquire at least a majority of the Common Stock if such tender or exchange offer were consummated. 
 2.    Waiver of Application of
203 to Stock Purchases. The Company represents and warrants that, prior to the execution of this Agreement, the Board has approved all Stock Purchases consummated following the date hereof in accordance with Section 203 of the DGCL;
provided, however, that such approval shall terminate if the Prohibited Persons do not collectively acquire Beneficial Ownership of more than 15% of the then outstanding shares of Common Stock prior to the first anniversary hereof. 

3.    Restrictions on Purchases; Voting of Shares. 

(a)    During the Standstill Period, Chai Trust agrees that it shall not, and agrees that it shall cause its current and
future subsidiaries and controlled Affiliates not to (Chai Trust and such subsidiaries and controlled Affiliates being referred to as the “Prohibited Persons”), directly or indirectly, without the prior written approval of
two thirds of the Disinterested Directors: 
 (1)    acquire, propose or agree to acquire, by purchase or otherwise,
shares of Common Stock if such acquisition would result in the Prohibited Persons collectively having Beneficial Ownership of more than 24.99% of the then outstanding shares of Common Stock (such percentage of the then outstanding Common Stock, the
“Percentage Limitation”) except (i) by way of stock dividends or other distributions by the Company made available to holders of shares of Common Stock generally or (ii) pursuant to a Permitted Acquisition Transaction;

 (2)    form or join any “group” within the meaning of
Section 13(d)(3) of the Exchange Act with respect to shares of Common Stock other than a group, if any, consisting solely of Prohibited Persons; 

(3)    deposit any shares of Common Stock in a voting trust or subject any shares of Common Stock to any voting agreement
or similar arrangement with respect to the voting of such shares of Common Stock in each case other than those involving Prohibited Persons; 

(4)    engage in any “solicitation” (as such term is used in the proxy rules of the Commission excluding for the
avoidance of doubt carve-outs relating to solicitations of ten or fewer stockholders) of proxies or consents, or intentionally and deliberately advise, encourage or influence any Person (other than Prohibited Persons) with respect to the voting of
any securities of the Company or any securities convertible or exchangeable into or exercisable for any such securities, with respect to the election or removal of directors or any other matter or proposal or become a “participant” (as
such term is used in the proxy rules of the Commission) in any such solicitation of proxies or consents; or 

(5)    other than in compliance with this Agreement, (i) present to the Company or to any third party any proposal
for a change of control of the Company, (ii) announce its willingness or desire to engage in a transaction or group of transactions or have another Person engage in a transaction or group of transactions that would result in a change of control
of the Company, (iii) intentionally and deliberately initiate, request, induce or attempt to induce or give encouragement to any other Person to initiate any proposal for a change of control of the Company, or (iv) seek, alone or in
concert with others, representation on the Board (other than recommending or nominating a director to replace any member of the Board who is an employee of a Prohibited Person as of the date of this Agreement); provided that nothing in this
Section 3(a)(5) shall prohibit any Prohibited Person from privately engaging with the Company regarding any action described in clauses (i) or (iv) of this Section 3(a)(5) if Chai Trust
determines in good faith that such private discussions would not be required to be disclosed by Chai Trust under applicable federal securities laws. 

(b)    Anything to the contrary contained in Section 3(a) notwithstanding: 

(1)    for the avoidance of doubt, nothing in Section 3(a) shall apply to any portfolio company
of any Prohibited Person with respect to which neither Chai Trust nor any of its subsidiaries is the party exercising control over the decision to acquire or purchase or otherwise obtain Beneficial Ownership of, or the voting of, shares of Common
Stock, provided that such portfolio company is not acting at the request or direction of Chai Trust or any of its subsidiaries; 

(2)    there will not be a deemed violation of Section 3(a) if the Beneficial Ownership of then
outstanding shares of Common Stock by the Prohibited Persons exceeds the Percentage Limitation solely as a result of an acquisition of shares of Common Stock by the Company or its subsidiaries (including without limitation as a result of a
redemption or repurchase by the Company of any shares of Common Stock) that, by reducing the number of shares of Common Stock outstanding, increases the proportionate number of shares of Common Stock Beneficially Owned by the Prohibited Persons,
provided that no Prohibited Person acquires Beneficial Ownership of additional Common Stock in violation of Section 3(a) after Chai Trust has been notified by the Company in writing of such acquisition of shares of
Common Stock by the Company or its subsidiaries; and 

 (c)    For purposes of determining compliance with this
Section 3 and determining the number of shares of Common Stock outstanding at any given time, Chai Trust shall be entitled to rely without independent investigation upon the most recent publicly available Form 10-K, Form 10-Q or Form 8-K (or any successor form) of the Company filed with the Commission reporting the number of shares of Common
Stock then issued and outstanding. 
 (d)    For the avoidance of doubt, nothing in this Section 3 shall apply to
or limit any action (i) among or between the Prohibited Persons and their respective representatives, or (ii) that any director or officer of the Company may take in his or her capacity as such. 

 

	4.	 Other Representations. 

(a)    The Company represents and warrants to Chai Trust that: 

(1)    The Company has the requisite corporate power to enter into, deliver and perform its obligations under this
Agreement. The execution, delivery and performance of this Agreement and the consummation of the transactions contemplated hereby have been duly authorized by all requisite corporate action on its part. This Agreement has been duly and validly
executed and delivered by the Company and constitutes a valid and binding obligation of the Company enforceable against the Company in accordance with its terms; and 

(2)    The execution and delivery of this Agreement by the Company and the Stock Purchases in accordance with this
Agreement will not violate, result in the breach or modification of, conflict with, constitute a default or result in an acceleration of any obligation under, result in the imposition of any encumbrance pursuant to, or affect the validity or
effectiveness of, (A) the Certificate of Incorporation of the Company, as amended, or Bylaws of the Company, as amended, (B) Section 203 of the DGCL or (C) any contract, permit, order or other law applicable to the Company,
except for any violation, breach, modification, conflict, default, acceleration, encumbrance or effect which would not have a material adverse effect on the Company and its subsidiaries taken as a whole. 

(b)    Chai Trust represents and warrants to the Company that: 

(1)    Chai Trust has the power to enter into, deliver and perform its respective obligations under this Agreement. This
Agreement has been duly and validly executed and delivered by Chai Trust and constitutes a valid and binding obligation of each Chai Trust enforceable against it in accordance with its terms; 

(2)    As of February 10, 2020, the Prohibited Persons collectively Beneficially Owned 4,631,691 shares of Common
Stock; and 
 (3)    The execution and delivery of this Agreement by Chai Trust and the Stock Purchases in accordance
with this Agreement will not violate, result in the breach or modification of, conflict with, constitute a default or result in an acceleration of any obligation under, result in the imposition of any encumbrance pursuant to, or affect the validity
or effectiveness of, any 

 
organizational documents of, or any contract, permit, federal law or order applicable to, Chai Trust except for any violation, breach, modification, conflict, default, acceleration, encumbrance
or effect which would not have a material adverse effect on Chai Trust. 
 5.    Specific Enforcement. Each of the Company and
Chai Trust, acknowledge and agree that each would be irreparably harmed and may not have adequate remedy at law if any of the provisions of this Agreement were not performed in accordance with their specific terms or were otherwise breached.
Accordingly, it is agreed that, in addition to any other remedies which may be available, the parties shall be entitled to seek temporary and permanent injunctive relief with respect to any breach or threatened breach of, or otherwise obtain
specific performance of, the covenants and other agreements contained in this Agreement. FURTHERMORE, THE COMPANY AND CHAI TRUST AGREE (1) THE NON-BREACHING PARTY WILL BE ENTITLED TO SEEK INJUNCTIVE AND
OTHER EQUITABLE RELIEF, WITHOUT PROOF OF ACTUAL DAMAGES; (2) THE BREACHING PARTY WILL NOT PLEAD IN DEFENSE THERETO THAT THERE WOULD BE AN ADEQUATE REMEDY AT LAW; AND (3) THE BREACHING PARTY AGREES TO WAIVE ANY BONDING REQUIREMENT UNDER ANY
APPLICABLE LAW, IN THE CASE ANY OTHER PARTY SEEKS TO ENFORCE THE TERMS BY WAY OF EQUITABLE RELIEF. 
 6.    Governing
Jurisdiction. Each party hereto hereby irrevocably submits to the exclusive jurisdiction of the Delaware Court of Chancery and any state appellate court therefrom, or if such court shall not have jurisdiction, any federal or other state court of
the State of Delaware, for the purpose of any action or proceeding arising out of or relating to this Agreement and each of the parties hereto hereby irrevocably agrees that all claims in respect to such action or proceeding may be heard and
determined exclusively in any such court. Each party hereto agrees that a final judgment in any action or proceeding shall be conclusive and may be enforced in other jurisdictions by suit on the judgment or in any other manner provided by applicable
law. Each party hereto irrevocably consents to the service of the summons and complaint and any other process in any other action or proceeding relating to the transactions contemplated by this Agreement, on behalf of itself or its property, by
personal delivery of copies of such process to such party. Nothing in this Section 6 shall affect the right of any party to serve legal process in any other manner permitted by applicable law. 

7.    Miscellaneous. 

(a)    Expenses. Each party shall bear the expenses of its attorneys, investment advisors or other costs it has
incurred in connection with the negotiation and execution of this Agreement and the transactions contemplated hereby. 

(b)    Entire Agreement: Amendments. This Agreement embodies the entire agreement between the parties hereto with
respect to the subject matter hereof and supersedes all prior agreements and understandings, oral or written, with respect thereto. This Agreement may be changed only by an agreement in writing signed by the party against whom any waiver, change,
amendment, modification or discharge may be sought and in the case of the Company only upon the approval of two thirds of the Disinterested Directors. 

 (c)    Headings. The section headings are for convenience only
and shall not affect the construction of any provision of this Agreement. When a reference is made in this Agreement to a Section, such reference shall be to a Section of this Agreement, unless otherwise indicated. 

(d)    Counterparts. This Agreement may be executed by the parties hereto in counterparts, and each such executed
counterpart shall be an original instalment and all of such counterparts together shall be deemed to be one and the same instrument. 

(e)    Notices. All notices, consents, requests, instructions, approvals and other communications provided for
herein and all legal process in regard to this Agreement will be in writing and will be deemed validly given, made or served, if (i) given by facsimile or email, when such facsimile is transmitted to the facsimile number set forth below and
sent to the email address set forth below (as applicable), and receipt of such facsimile or email (as applicable) is acknowledged, or (ii) if given by any other means, when actually received during normal business hours at the address specified
in this Section 7(e): 
 if to the Company: 

Exterran Corporation 
 11000
Equity Drive 
 Houston, TX 77041 

Attention: General Counsel 

Facsimile: 713-466-6720 

Email: Valerie.Banner@Exterran.com 

with a copy to (which shall not constitute notice): 

King & Spalding LLP 

1180 Peachtree Street, NE 
 Suite
1600 
 Atlanta, GA 30309 

Attention: Keith Townsend 

Facsimile: 404-572-5100 

Email: ktownsend@kslaw.com 
 if
to Chai Trust: 
 c/o Equity Group Investments 

2 North Riverside Plaza, Suite 600 

Chicago, IL 60606 
 Attention:
Joseph Miron 
 Facsimile: 312-454-0335 

Email: JMiron@egii.com 

 with a copy to (which shall not constitute notice): 

Sidley Austin LLP 
 One South
Dearborn 
 Chicago, IL 60603 

Attention: Imad Qasim 
 Facsimile:
312-853-7036 
 Email: iqasim@sidley.com 

(f)    Governing Law. This Agreement shall be governed by the laws of the State of Delaware without giving effect
to the principles of conflicts of law thereof. 
 (g)    Successors. This Agreement shall be binding upon and
inure to the benefit of the parties hereto and their respective successors and assigns. 
 (h)    Waiver. No
failure or delay on the part of any party in the exercise of any power, right or privilege hereunder shall operate as a waiver thereof, nor shall any single or partial exercise of any such power, right or privilege preclude other or further exercise
of any other power, right or privilege. All rights and remedies existing under this Agreement are cumulative to, and not exclusive of, any rights or remedies otherwise available. 

(i)    Severability. Any term or provision of this Agreement which is invalid or unenforceable in any jurisdiction
shall, as to such jurisdiction, be ineffective to the extent of such invalidity or unenforceability without rendering invalid or unenforceable the remaining terms and provisions or affecting the validity or enforceability of any of the terms or
provisions of this Agreement in any other jurisdiction, and the parties agree to negotiate in good faith an amendment to this Agreement to cure any such invalidity or unenforceability in a manner designed to most closely effect the purpose of such
term or provision. 
 (j)    Business Days. Any action which is required to be taken hereunder shall be taken on
a business day and where the date required for any action hereunder does not fall on a business day, such action shall be taken on the next calendar day which is a business day. 

[Signature Page to Follow] 

 EXECUTION VERSION 
  

 IN WITNESS WHEREOF, the parties hereto have caused this Agreement to be executed as of
the day and year first above written. 
  

			
	EXTERRAN CORPORATION.
		
	By:	 	 /s/ Valerie L. Banner

	Name:	 	Valerie L. Banner
	Title:	 	Senior Vice President and General Counsel

  

			
	CHAI TRUST COMPANY, LLC
		
	By:	 	 /s/ Joseph Miron

	Name:	 	Joseph Miron
	Title:	 	Chief Legal Officer

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00305-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00305-of-00352.parquet"}]]