Document:

Exhibit 4.4

 Exhibit 4.4 
 FIFTH SUPPLEMENTAL INDENTURE (this “Fifth Supplemental Indenture”), dated as of July 31, 2012, among INTELSAT JACKSON HOLDINGS S.A., a société anonyme existing
under the laws of Luxembourg (the “Issuer”), INTELSAT LUXEMBOURG INVESTMENT S.À R.L., a société à responsibilité limitée organized under the laws of Luxembourg (the “New
Guarantor”) and a subsidiary of the Issuer, and Wells Fargo Bank, National Association, a national banking association, as trustee under the indenture referred to below (the “Trustee”). 

W I T N E S S E T H 
 WHEREAS, the Issuer and the existing Guarantors have heretofore executed and delivered to the Trustee an Indenture (as amended, supplemented or otherwise modified, the “Indenture”), dated
as of September 30, 2010, providing for the issuance of the Issuer’s 7  1/4% Senior Notes due 2020 (the “Notes”), initially in the aggregate principal amount of $1,000,000,000;

 WHEREAS, Section 4.11 of the Indenture provides that under certain circumstances the Issuer is required to cause
the New Guarantor to execute and deliver to the Trustee a supplemental indenture pursuant to which the New Guarantor shall unconditionally guarantee all the Issuer’s obligations under the Notes pursuant to a Guarantee on the terms and
conditions set forth herein; and 
 WHEREAS, pursuant to Section 9.01 of the Indenture, the Trustee and the Issuer are
authorized to execute and deliver this Fifth Supplemental Indenture. 
 NOW, THEREFORE, in consideration of the foregoing and
for other good and valuable consideration, the receipt of which is hereby acknowledged, the New Guarantor, the Issuer and the Trustee mutually covenant and agree for the equal and ratable benefit of the holders of the Notes as follows: 

1. Defined Terms. As used in this Fifth Supplemental Indenture, terms defined in the Indenture or in the preamble or recital
hereto are used herein as therein defined, except that the term “Holders” in this Fifth Supplemental Indenture shall refer to the term “Holders” as defined in the Indenture and the Trustee acting on behalf of and
for the benefit of such Holders. The words “herein,” “hereof” and “hereby” and other words of similar import used in this Fifth Supplemental Indenture refer to this Fifth Supplemental Indenture as a whole and not to any
particular section hereof. 
 2. Agreement to Guarantee. The New Guarantor hereby agrees, jointly and severally with all
existing Guarantors, to unconditionally guarantee the Issuer’s obligations under the Notes on the terms and subject to the conditions set forth in Article 10 of the Indenture and to be bound by all other applicable provisions of the Indenture
and the Notes applying to a Guarantor and to perform all of the obligations and agreements of a Guarantor under the Indenture. 

3. Notices. All notices or other communications to the New Guarantor shall be given as provided in Section 11.02 of the
Indenture. 

 4. Ratification of Indenture; Supplemental Indentures Part of Indenture. Except as
expressly amended hereby, the Indenture is in all respects ratified and confirmed and all the terms, conditions and provisions thereof shall remain in full force and effect. This Fifth Supplemental Indenture shall form a part of the Indenture for
all purposes, and every holder of Notes heretofore or hereafter authenticated and delivered shall be bound hereby. 
 5.
Governing Law. THIS FIFTH SUPPLEMENTAL INDENTURE SHALL BE GOVERNED BY, AND CONSTRUED IN ACCORDANCE WITH, THE LAWS OF THE STATE OF NEW YORK, AND FOR THE AVOIDANCE OF DOUBT, THE APPLICABILITY OF ARTICLE 86 TO 94-8 OF THE AMENDED LUXEMBOURG
LAW ON COMMERCIAL COMPANIES SHALL BE EXECUTED. 
 6. Trustee Makes No Representation. The Trustee makes no
representation as to the validity or sufficiency of this Fifth Supplemental Indenture. 
 7. Counterparts. The parties
may sign any number of copies of this Fifth Supplemental Indenture. Each signed copy shall be an original, but all of them together represent the same agreement. 
 8. Effect of Headings. The Section headings herein are for convenience only and shall not affect the construction thereof. 

 IN WITNESS WHEREOF, the parties hereto have caused this Fifth Supplemental Indenture to be
duly executed as of the date first above written. 
  

			
	 INTELSAT LUXEMBOURG INVESTMENT S.À R.L.

		
	By:	 	 /s/ Flavien Bachabi

		 	Name: Flavien Bachabi
		 	Title: Manager
	
	INTELSAT JACKSON HOLDINGS S.A.
		
	By:	 	 /s/ Phillip Spector

		 	Name: Phillip Spector
		 	Title: Deputy Chairman and Assistant Secretary
	
	 WELLS FARGO BANK, NATIONAL ASSOCIATION, AS TRUSTEE

		
	By:	 	 /s/ Yana Kislenko

		 	Name: Yana Kislenko
		 	Title: Vice PresidentExhibit 4.4

 Exhibit 4.5 
 Execution Copy 
 SECOND SUPPLEMENTAL INDENTURE (this “Second Supplemental
Indenture”), dated as of July 31, 2012, among INTELSAT JACKSON HOLDINGS S.A., a société anonyme existing under the laws of Luxembourg (the “Issuer”), INTELSAT LUXEMBOURG INVESTMENT S.À R.L.,
a société à responsibilité limitée organized under the laws of Luxembourg (the “New Guarantor”) and a subsidiary of the Issuer, and WELLS FARGO BANK, NATIONAL ASSOCIATION, a national banking
association, as trustee under the indenture referred to below (the “Trustee”). 
 W I T N E S S E T H

 WHEREAS, the Issuer and the existing Guarantors have heretofore executed and delivered to the Trustee
an Indenture (as amended, supplemented or otherwise modified, the “Indenture”), dated as of April 5, 2011, providing for the issuance of $1,500,000,000 aggregate principal amount of 7  1/4% Senior Notes due 2019 (the “2019 Notes”) and $1,150,000,000 aggregate principal amount of
7  1/2% Senior Notes due 2021 (the “2021 Notes” and, together with the 2019 Notes, the “Notes”); 

WHEREAS, Section 4.11 of the Indenture provides that under certain circumstances the Issuer is required to cause the New Guarantor
to execute and deliver to the Trustee a supplemental indenture pursuant to which the New Guarantor shall unconditionally guarantee all the Issuer’s obligations under the Notes pursuant to a Guarantee on the terms and conditions set forth
herein; and 
 WHEREAS, pursuant to Section 9.01 of the Indenture, the Trustee and the Issuer are authorized to execute and
deliver this Second Supplemental Indenture. 
 NOW, THEREFORE, in consideration of the foregoing and for other good and valuable
consideration, the receipt of which is hereby acknowledged, the New Guarantor, the Issuer and the Trustee mutually covenant and agree for the equal and ratable benefit of the holders of the Notes as follows: 

1. Defined Terms. As used in this Second Supplemental Indenture, terms defined in the Indenture or in the preamble or recital
hereto are used herein as therein defined, except that the term “Holders” in this Second Supplemental Indenture shall refer to the term “Holders” as defined in the Indenture and the Trustee acting on behalf of and
for the benefit of such Holders. The words “herein,” “hereof” and “hereby” and other words of similar import used in this Second Supplemental Indenture refer to this Second Supplemental Indenture as a whole and not to
any particular section hereof. 
 2. Agreement to Guarantee. The New Guarantor hereby agrees, jointly and severally with
all existing Guarantors, to unconditionally guarantee the Issuer’s obligations under the Notes on the terms and subject to the conditions set forth in Article 10 of the Indenture and to be bound by all other applicable provisions of the
Indenture and the Notes applying to a Guarantor and to perform all of the obligations and agreements of a Guarantor under the Indenture. 
 3. Notices. All notices or other communications to the New Guarantor shall be given as provided in Section 11.02 of the Indenture. 

 4. Ratification of Indenture; Supplemental Indentures Part of Indenture. Except as
expressly amended hereby, the Indenture is in all respects ratified and confirmed and all the terms, conditions and provisions thereof shall remain in full force and effect. This Second Supplemental Indenture shall form a part of the Indenture for
all purposes, and every holder of Notes heretofore or hereafter authenticated and delivered shall be bound hereby. 
 5.
Governing Law. THIS SECOND SUPPLEMENTAL INDENTURE SHALL BE GOVERNED BY, AND CONSTRUED IN ACCORDANCE WITH, THE LAWS OF THE STATE OF NEW YORK, AND FOR THE AVOIDANCE OF DOUBT, THE APPLICABILITY OF ARTICLE 86 TO 94-8 OF THE AMENDED LUXEMBOURG
LAW ON COMMERCIAL COMPANIES SHALL BE EXECUTED. 
 6. Trustee Makes No Representation. The Trustee makes no
representation as to the validity or sufficiency of this Second Supplemental Indenture. 
 7. Counterparts. The parties
may sign any number of copies of this Second Supplemental Indenture. Each signed copy shall be an original, but all of them together represent the same agreement. 
 8. Effect of Headings. The Section headings herein are for convenience only and shall not affect the construction thereof. 

 IN WITNESS WHEREOF, the parties hereto have caused this Second Supplemental Indenture to be
duly executed as of the date first above written. 
  

			
	 INTELSAT LUXEMBOURG INVESTMENT S.À R.L.

		
	By:	 	 /s/ Flavien Bachabi

		 	Name: Flavien Bachabi
		 	Title: Manager
	
	INTELSAT JACKSON HOLDINGS S.A.
		
	By:	 	 /s/ Phillip Spector

		 	Name: Phillip Spector
		 	Title: Deputy Chairman and Assistant Secretary
	
	 WELLS FARGO BANK, NATIONAL ASSOCIATION, AS TRUSTEE

		
	By:	 	 /s/ Yana Kislenko

		 	Name: Yana Kislenko
		 	Title: Vice PresidentExhibit 10.1

Table of Contents

 Exhibit 10.1 

 
  

 
 SALE
OF THE LEASEHOLD INTEREST 
 AND
IMPROVEMENTS LOCATED AT 
 4000 CONNECTICUT
AVENUE, NW 
 WASHINGTON, DC 

*  *  * 
 PURCHASE AND SALE AGREEMENT 
 BETWEEN 
 INTELSAT GLOBAL SERVICE LLC, 

AS SELLER 
 AND 
 SL 4000 CONNECTICUT LLC, 

AS PURCHASER 
 *  *  * 
 EFFECTIVE
DATE: JULY 18, 2012 
  
  

 

Table of Contents

 TABLE OF CONTENTS 

 

							
	 	  	 	  	Page	 
		
	 ARTICLE 1 PURCHASE AND SALE OF PROPERTY
	  	 	5	 
			
	 1.1
	  	 Land
	  	 	5	  
	 1.2
	  	 Ground Lease
	  	 	5	  
	 1.3
	  	 Improvements
	  	 	5	  
	 1.4
	  	 Personal Property
	  	 	5	  
	 1.5
	  	 Leases
	  	 	6	  
	 1.6
	  	 Security Deposits
	  	 	6	  
	 1.7
	  	 Guaranties
	  	 	6	  
	 1.8
	  	 Contracts
	  	 	6	  
	 1.9
	  	 Permits
	  	 	6	  
	 1.10
	  	 Intangibles
	  	 	6	  
		
	 ARTICLE 2 PURCHASE PRICE AND DEPOSIT
	  	 	6	  
			
	 2.1
	  	 Payment
	  	 	6	  
	 2.2
	  	 Deposit
	  	 	7	  
		
	 ARTICLE 3 TITLE AND SURVEY
	  	 	7	  
			
	 3.1
	  	 State of Title to be Conveyed
	  	 	7	  
	 3.2
	  	 Title Commitment and Survey
	  	 	7	  
		
	 ARTICLE 4 PROPERTY INFORMATION
	  	 	7	  
			
	 4.1
	  	 Property Information
	  	 	7	  
		
	 ARTICLE 5 INSPECTIONS OF THE PROPERTY; “AS IS”
	  	 	8	  
			
	 5.1
	  	 Purchaser’s Inspections
	  	 	8	  
	 5.2
	  	 As Is, Where Is
	  	 	10	  
		
	 ARTICLE 6 REPRESENTATIONS AND WARRANTIES
	  	 	11	  
			
	 6.1
	  	 Seller’s Representations and Warranties
	  	 	11	  
	 6.2
	  	 Purchaser’s Representations and Warranties
	  	 	14	  
	 6.3
	  	 Knowledge
	  	 	15	  
	 6.4
	  	 Survival
	  	 	15	  
		
	 ARTICLE 7 COVENANTS OF SELLER PRIOR TO CLOSING
	  	 	15	  
			
	 7.1
	  	 Operation of Property
	  	 	15	  
	 7.2
	  	 Governmental Notices
	  	 	16	  
	 7.3
	  	 Litigation
	  	 	17	  
	 7.4
	  	 Insurance
	  	 	17	  
	 7.5
	  	 Estoppel Certificates
	  	 	17	  
		
	 ARTICLE 8 CONDITIONS PRECEDENT TO CLOSING
	  	 	18	  
			
	 8.1
	  	 Conditions Precedent to Purchaser’s Obligation to Close
	  	 	18	  
	 8.2
	  	 Conditions Precedent to Seller’s Obligation to Close
	  	 	19	  
	 8.3
	  	 Failure of a Condition
	  	 	19	  

  
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Table of Contents

 TABLE OF CONTENTS 

(continued) 
  

							
	 	  	 	  	Page	 
			
	 8.4
	  	 Representations and Warranties
	  	 	20	  
		
	 ARTICLE 9 CLOSING
	  	 	20	  
			
	 9.1
	  	 Closing Date
	  	 	20	  
	 9.2
	  	 Seller’s Obligations at the Closing
	  	 	21	  
	 9.3
	  	 Purchaser’s Obligations at the Closing
	  	 	22	  
	 9.4
	  	 Escrow
	  	 	23	  
	 9.5
	  	 Costs and Adjustments at Closing
	  	 	23	  
		
	 ARTICLE 10 DAMAGE AND CONDEMNATION
	  	 	27	  
			
	 10.1
	  	 Damage
	  	 	27	  
	 10.2
	  	 Condemnation and Eminent Domain
	  	 	27	  
		
	 ARTICLE 11 REMEDIES AND ADDITIONAL COVENANTS
	  	 	28	  
			
	 11.1
	  	 Seller Default At or Before Closing
	  	 	28	  
	 11.2
	  	 Seller Default From and After Closing
	  	 	28	  
	 11.3
	  	 Purchaser Default
	  	 	29	  
	 11.4
	  	 Delivery of Materials
	  	 	29	  
		
	 ARTICLE 12 BROKERAGE COMMISSION
	  	 	29	  
			
	 12.1
	  	 Brokers
	  	 	29	  
	 12.2
	  	 Indemnity
	  	 	30	  
		
	 ARTICLE 13 NOTICES
	  	 	30	  
			
	 13.1
	  	 Written Notice
	  	 	30	  
	 13.2
	  	 Method of Transmittal
	  	 	30	  
	 13.3
	  	 Addresses
	  	 	30	  
		
	 ARTICLE 14 ASSIGNMENT
	  	 	31	  
		
	 ARTICLE 15 MISCELLANEOUS
	  	 	32	  
			
	 15.1
	  	 Entire Agreement
	  	 	32	  
	 15.2
	  	 Modifications
	  	 	32	  
	 15.3
	  	 Gender and Number
	  	 	32	  
	 15.4
	  	 Captions
	  	 	32	  
	 15.5
	  	 Successors and Assigns
	  	 	32	  
	 15.6
	  	 Controlling Law
	  	 	32	  
	 15.7
	  	 Exhibits
	  	 	32	  
	 15.8
	  	 No Rule of Construction
	  	 	32	  
	 15.9
	  	 Severability
	  	 	32	  
	 15.10
	  	 Time of Essence
	  	 	32	  
	 15.11
	  	 Business Days
	  	 	33	  
	 15.12
	  	 No Memorandum
	  	 	33	  
	 15.13
	  	 Press Releases
	  	 	33	  
	 15.14
	  	 Attorneys’ Fees and Costs
	  	 	33	  

  
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Table of Contents

 TABLE OF CONTENTS 

(continued) 
  

							
	 	  	 	  	Page	 
			
	 15.15
	  	 Counterparts and Expiration of Offer
	  	 	33	 
	 15.16
	  	 Waiver of Jury Trial
	  	 	33	  
	 15.17
	  	 Confidentiality
	  	 	33	  
	 15.18
	  	 Jurisdiction and Service of Process
	  	 	34	  
	 15.19
	  	 Exculpation
	  	 	34	  

  
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Table of Contents

 Exhibits and Schedules 
 Exhibits 
  

			
	 Exhibit A –
	  	Legal Description
	 Exhibit B –
	  	Escrow Agreement
	 Exhibit C –
	  	Form of Tenant Estoppel Certificate
	 Exhibit D –
	  	Form of Assignment and Assumption of Ground Lease
	 Exhibit E –
	  	Form of Bill of Sale
	 Exhibit F –
	  	Form of Assignment and Assumption Agreement
	 Exhibit G –
	  	Form of Certificate of Non-Foreign Status
	 Exhibit H –
	  	Form of Tenant Notification Letter
	 Exhibit I –
	  	Form of Owner’s Affidavit
	 Exhibit J –
	  	Form of Post-Closing Intelsat Lease

 Schedules 
  

			
	 Schedule 1.4(iii) –
	  	Seller’s Retained Property
	 Schedule 1.5 –
	  	Leases
	 Schedule 1.6 –
	  	Security Deposits
	 Schedule 1.8 –
	  	Contracts
	 Schedule 3.1 –
	  	Permitted Exceptions
	 Schedule 6.1.3 –
	  	Litigation
	 Schedule 6.1.9 –
	  	Lease Defaults
	 Schedule 6.1.9(A) –
	  	Rent Roll
	 Schedule 6.1.9(B) –
	  	Rent Abatements
	 Schedule 6.1.10 –
	  	Leasing Commissions and Tenant Allowances
	 Schedule 6.1.11 –
	  	Violations of Law

  
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Table of Contents

 PURCHASE AND SALE AGREEMENT 

This PURCHASE AND SALE AGREEMENT (this “Agreement”) is made and entered into as of the date set forth on the
cover page hereof (the “Effective Date”), by and between INTELSAT GLOBAL SERVICE LLC, a Delaware limited liability company (“Seller”), and SL 4000 CONNECTICUT LLC, a Delaware limited liability company
(“Purchaser”). 
 ARTICLE 1 PURCHASE AND SALE OF PROPERTY 

On the terms and conditions stated in this Agreement, Seller hereby agrees to sell to Purchaser and Purchaser hereby agrees to purchase
from Seller all of the following described property (collectively, the “Property”): 
 1.1 Land.
Seller’s leasehold interest in and to all of that certain tract of land situated in the District of Columbia, and described more particularly in Exhibit A attached hereto and incorporated herein by reference, together with all
leasehold rights and appurtenances pertaining to such land as referenced in the Ground Lease (as defined in Section 1.2 below) (collectively, the “Land”). 

1.2 Ground Lease. Seller’s interest as tenant under that certain Amended and Restated Lease Agreement dated June 18,
2010, by and between the Government of the United States of America (“Ground Lessor”), as lessor, and Intelsat Global Service Corporation, predecessor-in-interest to Seller, as lessee, for the Land, as memorialized by that certain
Memorandum of Ground Lease dated as of June 18, 2010, recorded June 29, 2010, as Instrument No. 2010058804 (the “Ground Lease”). 
 1.3 Improvements. Subject to the terms of the Ground Lease, fee simple title to a commercial office building (including the below grade-parking structure) situated at 4000 Connecticut Avenue, NW
(also known as 3400 International Drive, NW) in Washington, DC, and all other improvements and structures constructed on the Land (collectively, the “Improvements”). 

1.4 Personal Property. All of Seller’s right, title and interest in and to the following (collectively, the “Personal
Property”): 
 1.4.1 mechanical systems, fixtures, machinery and equipment comprising a part of or attached to or
located upon the Improvements and used exclusively in connection with the operation of the Improvements; 
 1.4.2 maintenance
equipment and tools, if any, owned by Seller and used exclusively in connection with, and located in or on, the Improvements; 

1.4.3 site plans, surveys, plans and specifications, manuals and instruction materials, marketing materials and floor plans in
Seller’s possession which relate to the Land or Improvements; and 

  
 5 

Table of Contents

 1.4.4 other tangible personal property owned by Seller and used exclusively in connection
with, and located in or on, the Land or Improvements as of the Effective Date and as of the Closing (as hereinafter defined). 
 The term
“Personal Property” shall not include, and Seller shall not convey to Purchaser, (i) any property owned by tenants under Leases; (ii) furniture, fixtures, equipment or other personal or other property used by Seller or any
one or more affiliates of Seller in connection with the conduct of Seller’s or such affiliates’ business or other operations within the Improvements, or (iii) the personal property listed on Schedule 1.4(iii) attached hereto
(collectively, “Seller’s Retained Property”). 
 1.5 Leases. Seller’s right, title and
interest as sublandlord in all leases with tenants or other persons or entities leasing all or any portion of the Improvements (the “Leases”), as referenced on Schedule 1.5. 

1.6 Security Deposits. Seller’s right, title and interest in all security deposits, if any, held by Seller in connection with
the Leases and not applied pursuant to the terms thereof, as referenced on Schedule 1.6. 
 1.7 Guaranties.
Seller’s right, title and interest in any and all guaranties of the Leases, if any. 
 1.8 Contracts. Subject to
Section 7.1.3 hereof, Seller’s right, title and interest in all contract rights related to the Land, Improvements, Personal Property or Leases that will remain in existence after Closing, to the extent assignable, including, without
limitation, Seller’s interest in the following: parking, management, maintenance, construction, commission, architectural, supply or service contracts, utility agreements, plans and specifications, surveys, warranties, guarantees and bonds,
energy supply contracts and other agreements related to the Land, Improvements, Personal Property, or Leases (collectively, the “Contracts”), as referenced on Schedule 1.8. 

1.9 Permits. Seller’s right, title and interest in all permits, licenses, certificates of occupancy, entitlements and
governmental approvals which relate to the Land, Improvements, Personal Property, Leases, or Contracts, to the extent assignable (collectively, the “Permits”). 

1.10 Intangibles. Seller’s right, title and interest, if any, in all names, trade names, street numbers, telephone numbers,
e-mail addresses, marks, other symbols and general intangibles, which relate to the Land or the Improvements (collectively, the “Intangibles”). 
 ARTICLE 2 PURCHASE PRICE AND DEPOSIT 
 2.1 Payment. The purchase
price for the Property (the “Purchase Price”) is Eighty-Five Million and 00/100 Dollars ($85,000,000.00). The cash due at Closing on account of the Purchase Price shall be subject to adjustment as set forth in this Agreement. The
Purchase Price including the Deposit (as defined below) shall be paid by wire transfer of immediately available funds at the Closing. 

  
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 2.2 Deposit. Simultaneously with the Effective Date, Purchaser shall deposit with
First American Title Insurance Company (the “Escrow Agent” and the “Title Company”) by bank wire transfer the sum of Eight Million and 00/100 Dollars ($8,000,000.00), as a non-refundable deposit (except as otherwise
expressly provided in this Agreement) to assure Purchaser’s performance hereunder (together with all interest thereon if any, the “Deposit”). Prior to Purchaser’s making the Deposit, Seller, Purchaser and the Escrow Agent
shall enter into an escrow agreement substantially in the form of Exhibit B attached hereto (the “Escrow Agreement”). Escrow Agent shall place the Deposit in an interest-bearing escrow account at a federally-insured
commercial bank acceptable to both Seller and Purchaser. The Escrow Agent shall hold the Deposit in accordance with this Agreement and the Escrow Agreement. At Closing, Escrow Agent shall deliver the Deposit to Seller and credit the Deposit against
the Purchase Price. 
 ARTICLE 3 TITLE AND SURVEY 

3.1 State of Title to be Conveyed. Leasehold title to the Property shall be conveyed to Purchaser at Closing pursuant to an
Assignment and Assumption of Ground Lease, free and clear of any and all liens, mortgages, deeds of trust, security interests and other encumbrances, except for the following (collectively, the “Permitted Exceptions”): (i) the
exceptions set forth on Schedule 3.1; (ii) the state of facts disclosed on the survey performed by KCI Technologies, dated March 28, 2012 (the “Survey”), and any additional state of facts that a subsequent accurate
survey of the Property would show, provided that such additional state of facts does not materially and adversely affect the present use or operation of the Property as an office building; (iii) the standard printed exclusions from coverage
contained in the 2006 ALTA form of owner’s title policy; (iv) the lien of real property taxes, BID taxes, if any, and municipal and other charges not yet due and payable (which shall be subject to adjustment as provided in
Section 9.5.2); (v) any laws, rules, regulations, statutes, ordinances, orders or other legal requirements affecting the Property, and (vi) the rights and interests held by tenants under the Leases in effect at Closing and
others claiming by, through or under such Leases, as tenants only. 
 3.2 Title Commitment and Survey. Purchaser hereby
acknowledges receipt of (i) a commitment for owner’s title insurance policy for the Property, issued by First American Title Insurance Company, with an effective date of June 1, 2012 (the “Title Commitment”), together
with copies of all instruments giving rise to any liens, encumbrances, defects or other exceptions to title noted therein; and (ii) the Survey, identifying no exceptions to title other than the Permitted Exceptions. 

ARTICLE 4 PROPERTY INFORMATION 
 4.1 Property Information. Seller shall make available to Purchaser, either at the Property in a designated location or via a due diligence website maintained by Seller’s Broker (as defined
below), certain materials related to the Property in Seller’s possession (collectively, the “Property Information”); provided, however, Seller shall not deliver or make available to Purchaser Seller’s
internal memoranda, attorney-client privileged materials, appraisals, economic evaluations of the Property, organizational documents or such other financial information that Seller deems confidential. Purchaser shall keep such Property Information
confidential, subject 

  
 7 

Table of Contents

 
to Purchaser’s right to disseminate Property Information to or among the parties listed in Section 15.17 of this Agreement, and subject to the restrictions set forth in
Section 15.17. Seller makes no representation or warranty as to the truth or accuracy of the Property Information provided to Purchaser, except as otherwise expressly provided in this Agreement. 

ARTICLE 5 INSPECTIONS OF THE PROPERTY; “AS IS” 
 5.1 Purchaser’s Inspections 
 5.1.1 Subject to the provisions of this
Section and the terms of the Ground Lease, Purchaser and its agents, employees, consultants, inspectors, lenders, investors, members, appraisers, engineers and contractors (collectively “Purchaser’s Representatives”) shall have
the right, through the Closing Date (hereinafter defined), from time to time, upon the advance notice required pursuant to this Section 5.1, to enter upon and pass through the Property during normal business hours to examine and inspect
the Property. Notwithstanding any such inspection, or anything to the contrary contained herein, Purchaser’s obligations hereunder shall not be limited or otherwise affected as a result of any fact, circumstance or other matter of any kind
discovered following the date hereof in connection with any such inspection, access or otherwise, unless such matter constitutes a breach of one or more of Seller’s express representations contained herein; it being agreed that Seller is
permitting Purchaser such right of inspection and access as a courtesy to Purchaser in its preparation for taking title to the Property. Without limiting the generality of the foregoing, (i) Purchaser agrees that it shall not have the right to
terminate this Agreement or obtain a reduction of the Purchase Price as a result of any such fact, circumstance or other matter so discovered (including, without limitation, relating to the physical condition of the Property, the operations of the
Property or otherwise, unless such matter constitutes a breach of one or more of Seller’s express representations contained herein), and (ii) Purchaser shall have no right to terminate this Agreement or obtain a return of the Deposit
except as expressly provided in this Agreement. 
 5.1.2 In conducting any inspection of the Property or otherwise accessing the
Property, Purchaser shall at all times comply with the Ground Lease and all laws and regulations of all applicable governmental authorities, and neither Purchaser nor any of Purchaser’s Representatives shall (i) contact or have any
discussions with any of Seller’s employees, agents or representatives, or with any tenants (including, without limitation, conducting tenant interviews or having any contacts whatsoever with tenants, including but not limited to telephone
conversations or electronic mail messages) at, or contractors providing services to, the Property, unless in each case Purchaser obtains the prior written consent of Seller (which may be given via electronic mail), such consent not to be
unreasonably withheld, conditioned or delayed, it being agreed that all such contacts or discussions shall, pending any such approval, be directed to Robert Lambert via electronic mail (at robert.lambert@intelsat.com), (ii) interfere
with the business of Seller (or any of its tenants) conducted at the Property or disturb the use or occupancy of any occupant of the Property; (iii) damage the Property, or (iv) contact any local or Federal governmental agency or
department regarding the Property including, but not limited to, the United States Department of State (subject to the provisions of Section 7.6) (except that Purchaser shall have the right to conduct routine inquiries of applicable
governmental authorities for the purpose of seeking written confirmation as to the zoning category of the Property and the absence of violations). In conducting any inspection of the Property or otherwise accessing the

  
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Property, Purchaser and Purchaser’s Representatives shall at all times comply with, and shall be subject to, the rights of the tenants under the Leases (and any persons claiming by, under or
through such tenants). Seller may from time to time establish reasonable rules of conduct for Purchaser and Purchaser’s Representatives in furtherance of the foregoing. Purchaser shall schedule and coordinate all inspections, including, without
limitation, any environmental tests, and other access with Seller and shall give Seller at least two (2) Business Days’ (as hereinafter defined) prior notice thereof. Seller shall be entitled to have a representative present at all times
during each such inspection or other access. Purchaser agrees to pay to Seller on demand the cost of repairing and restoring any damage or disturbance which Purchaser or Purchaser’s Representatives shall cause to the Property. All inspection
fees, appraisal fees, engineering fees and other costs and expenses of any kind incurred by Purchaser or Purchaser’s Representatives relating to such inspection and its other access shall be at the sole expense of Purchaser. Purchaser shall
keep all information obtained during its inspections and access to the Property confidential, subject to the provisions of Section 15.17. If the Closing shall not occur for any reason whatsoever, Purchaser shall: (A) promptly
deliver to Seller, at no cost to Seller, and without representation or warranty, the originals or copies of all tests, reports and inspections of the Property, made and conducted by Purchaser or Purchaser’s Representatives or for
Purchaser’s benefit that are in the possession or control of Purchaser or Purchaser’s Representatives; (B) promptly return to Seller or destroy all copies of all due diligence materials, including, without limitation, any Property
Information and copies thereof in any form whatsoever (including electronic form), delivered by Seller to Purchaser; and (C) promptly destroy all copies and abstracts of the materials referenced in (A) and (B) above; provided,
however, in the event of any pending litigation between Seller and Purchaser, Purchaser shall be permitted to retain copies of such materials, tests and reports as are necessary in connection with such litigation. Purchaser and Purchaser’s
Representatives shall not be permitted to conduct borings of the Property or drilling in or on the Property, or any other invasive, intrusive or destructive testing in connection with the preparation of an environmental audit or in connection with
any other inspection of the Property without the prior written consent of Seller, which Seller may give or withhold in its sole discretion (and, if such consent is given, Purchaser shall be obligated to pay to Seller on demand the cost of repairing
and restoring any damage as aforesaid). 
 5.1.3 Prior to conducting any physical inspection or testing at the Property (besides
routine visual inspections), Purchaser and Purchaser’s Representatives shall obtain, and during the period of such inspection or testing shall maintain, at their expense: (i) commercial general liability (“CGL”) insurance,
issued on a form at least as broad as Insurance Services Office (“ISO”) Commercial General Liability Coverage “occurrence” form CG 00 01 10 01 or another “occurrence” form providing equivalent coverage, including
contractual liability and personal injury liability coverage, with limits of not less than Two Million Dollars ($2,000,000) for any one occurrence and Five Million Dollars ($5,000,000) in the aggregate; (ii) comprehensive automobile liability
insurance (covering any automobiles owned or operated by Purchaser or Purchaser’s Representatives) issued on a form at least as broad as ISO Business Auto Coverage form CA 00 01 07 97 or other form providing equivalent coverage;
(iii) worker’s compensation insurance or participation in a monopolistic state workers’ compensation fund, and (iv) employer’s liability insurance or (in a monopolistic state) Stop Gap Liability insurance. Such automobile
liability insurance shall be in an amount not less than One Million Dollars ($1,000,000) for each accident. Such worker’s compensation insurance shall carry minimum 

  
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limits as defined by the law of the jurisdiction in which the Property is located (as the same may be amended from time to time). Such employer’s liability insurance shall be in an amount
not less than One Million Dollars ($1,000,000) for each accident, One Million Dollars ($1,000,000) disease-policy limit, and One Million Dollars ($1,000,000) disease-each employee. Seller shall be covered as additional insureds on the CGL and
automobile liability insurance policies with respect to liability arising out of the named insured’s acts or omissions relating to the Property. The insurer and the terms and conditions of all the foregoing policies shall be acceptable to
Seller. Prior to making any entry upon the Property to conduct the testing requiring insurance coverage, as provided above, Purchaser shall furnish to Seller a certificate of insurance evidencing the foregoing coverages, which certificate of
insurance shall be in form and substance satisfactory to Seller. 
 5.1.4 [Intentionally deleted] 

5.1.5 Purchaser hereby agrees to indemnify, defend, and hold harmless Seller, its partners, members, affiliates, officers, directors,
agents, employees, and representatives (collectively, the “Indemnified Parties”) from and against any and all liens, claims, or damages of any kind or nature, including any demands, actions or causes of action, assessments, losses,
reasonable costs, expenses, liabilities, interest and penalties, and reasonable attorneys’ fees suffered, incurred, or sustained by any of the Indemnified Parties directly caused by Purchaser or Purchaser’s Representatives with respect to
any due-diligence activities at the Property pursuant to this Agreement, except any arising from the discovery of preexisting conditions (so long as Purchaser does not exacerbate any such condition). 

5.2 As Is, Where Is 
 5.2.1 Except as provided in the express representations and warranties of Seller set forth in Section 6.1 and Article 12 of this Agreement and in Seller’s Assignment and Assumption
of Ground Lease, the Bill of Sale and the FIRPTA Certificate (all as defined below) (collectively, the “Express Representations”), Seller does not, by the execution and delivery of this Agreement, and Seller shall not, by the
execution and delivery of any document or instrument executed and delivered in connection with the Closing, make any representation or warranty, express or implied, of any kind or nature whatsoever, with respect to the Property, and all such
warranties are hereby disclaimed. 
 5.2.2 Without limiting the generality of the foregoing, other than the Express
Representations, Seller makes, and shall make, no express or implied warranty as to matters of title, zoning, acreage, tax consequences, physical or environmental condition (including, without limitation, laws, rules, regulations, orders and
requirements pertaining to the use, handling, generation, treatment, storage or disposal of any toxic or hazardous waste or toxic, hazardous or regulated substance), valuation, governmental approvals, governmental regulations or any other matter or
thing relating to or affecting the Property (collectively, the “Disclaimed Matters”). 
 5.2.3 Notwithstanding
anything to the contrary set forth in this Agreement, but subject to the Express Representations and Seller’s obligations set forth in Section 7.1 of this Agreement, and subject to Article 10 hereof, the Property,
including without limitation the roofs, all structural components, all heating, ventilating, air conditioning, mechanical, plumbing, and 

  
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electrical systems, fire and life safety and all other parts of the Improvements constituting a portion of the Property, shall be conveyed to Purchaser, and Purchaser shall accept same, in their
“AS IS” “WHERE IS” condition on the Closing Date (subject only to normal wear and tear between the Effective Date and the Closing Date), “WITH ALL FAULTS” and “SUBJECT TO ALL DEFECTS.” Purchaser acknowledges
that Seller’s willingness to sell the Property to Purchaser at the Purchase Price has been induced, in part, by the agreement of Purchaser to purchase the Improvements and the Personal Property in such “AS IS” condition. Purchaser
hereby acknowledges, represents and warrants that it is not in a disparate bargaining position with respect to Seller in connection with the transaction contemplated hereby, that Purchaser freely and fairly agreed to the waivers and conditions of
this Section 5.2.3 as part of the negotiations of this Agreement, and Purchaser has been represented by adequate legal counsel in connection herewith and has conferred with such legal counsel concerning the waivers and other conditions
of this Section 5.2. 
 5.2.4 Without in any way limiting any provision of this Section 5.2, Purchaser
specifically acknowledges and agrees that, except with respect to the Express Representations and the obligations of Seller set forth in Section 7.1 of this Agreement, and subject to Article 10 hereof, and Purchaser hereby waives,
releases and discharges any claim it has, might have had or may have against Seller with respect to (i) the Disclaimed Matters, (ii) the condition of the Property as of the Closing Date, (iii) the past, present or future condition or
compliance of the Property with regard to any environmental protection, pollution control or land use laws, rules, regulations, orders or requirements, including, without limitation, CERCLA (as hereinafter defined), or (iv) any other state of
facts that exists with respect to the Property. The waiver, release and discharge set forth in this Section 5.2.4 shall survive the Closing or any termination of this Agreement. 

ARTICLE 6 REPRESENTATIONS AND WARRANTIES 
 6.1 Seller’s Representations and Warranties. Seller represents to Purchaser as of the Effective Date as follows: 
 6.1.1 Organization. Seller is a Delaware limited liability company, duly formed, validly existing and in good standing under the laws of Delaware and the District of Columbia. 

6.1.2 Authority/Consent. Seller possesses all requisite power and authority, and has taken all actions required by its
organizational documents and applicable law, to execute and deliver this Agreement and will by Closing have taken all actions required by its organizational documents and applicable law, to consummate the transactions contemplated by this Agreement.

 6.1.3 Litigation. Except as may be disclosed on Schedule 6.1.3 attached hereto, no material action, suit
or other proceeding (including, but not limited to, any condemnation action or real estate tax appeal) is pending or, to Seller’s knowledge, has been threatened in writing that concerns or involves the Property, or Seller’s authority to
convey the Property pursuant to this Agreement. 

  
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 6.1.4 Bankruptcy. No bankruptcy, insolvency, reorganization or similar action or
proceeding, whether voluntary or involuntary, is pending, or, to Seller’s knowledge, threatened, against Seller. 
 6.1.5
Other Sales Agreements. Seller has not entered into any other contract to sell the Property or any part thereof which is currently in effect. 
 6.1.6 Options or Rights of First Refusal. Neither Seller nor any predecessor to Seller has granted any option, right of first refusal or first opportunity to any party to acquire any interest in
the Property or any portion thereof. 
 6.1.7 Contracts. Except for the Contracts referenced on Schedule 1.8,
there are no current material contracts of construction, employment, parking, maintenance, commission, management, service, or supply in effect and entered into by Seller which will affect the Property after Closing. Seller has provided Purchaser
with true, correct and complete copies of all Contracts, including all amendments and modifications thereof, prior to the execution of this Agreement by Purchaser and Seller. 
 6.1.8 Employees. Seller has no employees. 
 6.1.9 Leases. Except for
the Ground Lease, the Leases referenced on Schedule 1.5, the Licenses referenced on Schedule 1.6, the leases, amendments or other occupancy agreements which may be entered into by Seller pursuant to Section 7.1 of
this Agreement, and the Post-Closing Intelsat Lease (hereinafter defined), there are no leases, rental agreements, licenses, license agreements or other occupancy agreements with anyone in effect which will affect the Property after Closing. To
Seller’s knowledge, each Lease is in full force and effect, and, except as otherwise set forth in the Rent Roll (hereinafter defined), no rent has been paid more than one month in advance. To Seller’s knowledge, except as may be described
in Schedule 6.1.9 attached hereto, there exists no material default by Seller or, to Seller’s knowledge, any tenant under any of the Leases. Seller has provided Purchaser with true, correct and complete copies of all Leases,
including all amendments and modifications thereto, prior to the execution of this Agreement by Purchaser and Seller. The rent roll attached hereto as Schedule 6.1.9(A) (the “Rent Roll”) is true and accurate in all material
respects. Schedule 6.1.9(B) identifies all free rent accruing under the Leases from and after the Effective Date. Schedule 1.8 identifies all security deposits held by Seller, as landlord, under the Leases. Except as otherwise
indicated on Schedule 6.1.9, (a) Seller has not received any written notice from any tenant under any currently effective Lease that Seller is in default in any material respect of any material obligations of Seller to such tenant, which
default has not been cured; (b) Seller has not delivered any written notice to a tenant that such tenant is in default in any material respect of any material obligations of such tenant under such Lease that has not been cured;
(c) Purchaser will have no obligation to pay brokerage commissions after Closing either upon any extension or renewal of any Lease that is currently in effect, or upon the exercise of any option to lease additional premises, (d) no tenant
has entered into any subleases of all or any portion of its premises, and (e) no tenant is entitled to any free rent for any periods of time after Closing. 
 6.1.10 Leasing Commissions and Tenant Allowances. Schedule 6.1.10 attached hereto identifies all outstanding and deferred leasing commissions payable with respect to the Leases, and all
tenant improvements allowances payable or to become payable with respect to the Leases.  

  
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 6.1.11 Violations of Law. Except as set forth on Schedule 6.1.11, and to
Seller’s knowledge, Seller has not received written notice from any governmental authority of any material violation of any federal or municipal laws, ordinances, orders, regulations and requirements affecting the Property or any portion
thereof (including the conduct of business operations thereon), including federal and municipal laws and ordinances regulating the use of hazardous substances, which are unresolved. In addition, except as may be included in the Property Information
or otherwise disclosed in writing to Purchaser, and to Seller’s knowledge, Seller has not received any written notice from any governmental authorities with respect to (i) any special assessments or proposed increases in the assessed value
of the Property: (ii) any condemnation or eminent domain proceedings affecting the Property; or (iii) any violation of any zoning, health, fire safety or other law, regulation or code applicable to the Property which remains outstanding.

 6.1.12 Foreign Person. Seller is not a “foreign person,” “foreign trust” or “foreign
corporation” within the meaning of the United States Foreign Investment in Real Property Tax Act of 1980 and the Internal Revenue Code of 1986, as subsequently amended. 
 6.1.13 Ground Lease. A true, correct and complete copy of the Ground Lease has been delivered to Purchaser as part of the Property Information. To Seller’s knowledge, the Ground Lease is in
full force and effect, and Seller has performed all of its material obligations under the Ground Lease (including the payment of all amounts due to Ground Lessor thereunder and to third parties as required by the Ground Lease) as of the Effective
Date. Except for the Leases and Licenses, Seller has not assigned, transferred or subleased any of its rights under the Ground Lease. Ground Lessor has not provided Seller with any written notice of default under the Ground Lease, and to
Seller’s knowledge, there exists no event which with the giving of notice or the passage of time would constitute a material default under the Ground Lease (the “Liability Cap Increase Representation”). Seller is the only
holder of the leasehold interest created by the Ground Lease. Seller has obtained Ground Lessor’s consent for all Leases to the extent required under the Ground Lease; provided, however, with respect to the Leases with the
Broadcasters Child Development Center and the Embassy of Honduras, the foregoing representation shall be limited to Seller’s knowledge. 
 6.1.14 No Conflicts. The execution and delivery of this Agreement by Seller and the consummation by Seller of the transactions contemplated hereby will not: (i) violate any judgment, order,
injunction, or decree to which Seller or the Property is subject, or (ii) conflict with, result in a breach of, or constitute a default under the organic documents of Seller or any lease, mortgage, loan agreement, covenant, or other agreement
or instrument to which Seller is a party or by which Seller or the Property may be bound. 
 6.1.15 District of Columbia Soil
Characteristic. The characteristic of the soil of the Property, as described by the Soil Conservation Service of the U.S. Department of Agriculture in the Soil Survey Book of the District of Columbia (area 11) published in July, 1976, and as
shown on the Soil Maps of the District of Columbia at the back of that publication, is Urban Land. For further information, Purchaser may contact a soil testing laboratory, the 

  
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District of Columbia Department of Environmental Services or the Soil Conservation Service of the U.S. Department of Agriculture. The foregoing is given pursuant to requirements of the District
of Columbia Code and is not intended, and shall not be construed as, limiting the conditions set forth herein with respect to Purchaser’s right to make investigations, tests and studies satisfactory to Purchaser. 

6.1.16 District of Columbia Underground Storage Tank Disclosure Notice. In accordance with the requirements of Section 3(g)
of the District of Columbia Underground Storage Tank Management Act of 1990, as amended by the District of Columbia Underground Storage Tank Management Act of 1990 Amendment Act of 1992 (the “Act”), Seller has informed Purchaser,
and hereby re-informs Purchaser, that except as referenced in that certain Phase I Environmental Site Assessment issued by Advantage Environmental Consultants, LLC, dated May 8, 2012, a copy of which has been provided to Purchaser as part of
the Property Information, Seller has no knowledge of the existence or removal, during Seller’s ownership of the Property, of any underground storage tanks at or from the Property, as that term is defined in the Act. This disclosure notice was
provided to Purchaser prior to entering into this Agreement as required by the Act. 
 6.2 Purchaser’s Representations
and Warranties. Purchaser represents to Seller, as of the Effective Date, as follows: 
 6.2.1 Organization.
Purchaser is a limited liability company, duly formed, validly existing and in good standing under the laws of the State of Delaware. 
 6.2.2 Authority/Consent. Purchaser possesses all requisite power and authority, has taken all actions required by its organizational documents and applicable law, and has obtained all necessary
consents, to execute and deliver this Agreement and will by Closing have taken all actions required by its organizational documents and applicable law, to consummate the transactions contemplated in this Agreement. 

6.2.3 Prohibited Transaction. Neither Purchaser nor any person, group, entity or nation that Purchaser is acting, directly or
indirectly for, or on behalf of, is named by any Executive Order (including the September 24, 2001, Executive Order Blocking Property and Prohibiting Transactions With Persons Who Commit, Threaten to Commit, or Support Terrorism) or the United
States Treasury Department as a terrorist, “Specially Designated National and Blocked Person,” or is otherwise a banned or blocked person, group, entity, or nation pursuant to any Law that is enforced or administered by the Office of
Foreign Assets Control, and Purchaser is not engaging in the transactions contemplated by this Agreement, directly or indirectly, on behalf of, or instigating or facilitating the transactions contemplated by this Agreement, directly or indirectly,
on behalf of, any such person, group, entity or nation. Purchaser is not engaging in the transactions contemplated by this Agreement, directly or indirectly, in violation of any laws relating to drug trafficking, money laundering or predicate crimes
to money laundering. None of the funds of Purchaser have been or will be derived from any unlawful activity with the result that the investment of direct or indirect equity owners in Purchaser is prohibited by law or that the transactions
contemplated by this Agreement or this Agreement is or will be in violation of applicable law. Purchaser has and will continue to implement procedures, and has consistently and will continue to consistently apply those procedures, to ensure the
foregoing representations and warranties remain true and correct at all times prior to Closing. 

  
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 6.3 Knowledge. For purposes of this Agreement, the phrase “to Seller’s
knowledge” means the present, actual knowledge of Robert Lambert (the “Seller Knowledge Individual”), which employee is in the primary position of responsibility with respect to the Property, having made appropriate review of
files relating to the Property. In no event shall the Seller Knowledge Individual have any personal liability hereunder. 

6.4 Survival. All of the representations and warranties set forth in this Article 6 shall survive the Closing for a period
of one hundred twenty (120) days, subject to the provisions of Section 11.1 of this Agreement.  

ARTICLE 7 COVENANTS OF SELLER PRIOR TO CLOSING 
 7.1 Operation of Property. From the Effective Date until the earlier of (i) the termination of this Agreement, and (ii) Closing, Seller shall operate the Property in accordance with the
terms of this Section 7.1. 
 7.1.1 From the Effective Date until the Closing, Seller shall continue to operate,
maintain and repair the Property in the ordinary course of business, but shall not take any of the following actions without the prior written consent of Purchaser, which consent shall not be unreasonably withheld, conditioned or delayed (provided
that if Seller desires to enter into a new lease or license following the Effective Date, Purchaser may withhold its consent to such lease or license in its sole and absolute discretion): (a) make or permit to be made any material alterations
to or upon the Property, (b) enter into any contracts for the provision of services and/or supplies to the Property which are not terminable without premium or penalty by Purchaser upon thirty (30) days’ prior written notice following
the Closing, or amend or modify the Contracts in any manner, unless such Contract as amended may be terminated without premium or penalty upon thirty (30) days’ prior written notice, or knowingly fail to timely perform its material
obligations under the Contracts (provided that in the case of emergency or other exigent circumstances, Seller shall have the right to enter into contracts to perform repairs or replacements without Purchaser’s consent), (c) enter into any
leases or licenses with respect to the Property or any part thereof, or extend, modify, cancel or otherwise alter any one or more of the Leases (unless required by the terms of any Lease), collect rent thereunder for more than one month in advance,
apply any security deposits held in accordance with the Leases or the Licenses, or fail to timely perform its obligations under the Ground Lease, the Leases or the Licenses, in each case whether or not such action is taken in the ordinary course of
business, (d) materially reduce or change the level of maintenance to the Property, (e) encumber, sell or transfer the Property or any interest therein or actively negotiate with any third party respecting the sale of the Property or any
interest therein or otherwise dispose of the Property or any part thereof or interest therein, or alter or amend the zoning classification of the Land or Improvements, (f) remove or permit the removal of any Personal Property from the Property,
except when replaced with items of equal or greater quality and value, and except for the use and consumption, which shall be replenished by Seller prior to Closing, of inventory, office and other supplies and spare parts, and the replacement of
worn out, obsolete and defective tools, equipment and appliances, in each case in the ordinary course of business, or (g) settle, 

  
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compromise, withdraw or terminate any real estate tax appeal or proceeding affecting the Property other than any relating solely to periods prior to Tax Year 2013 (which Seller retains the full
and unfettered right to settle or compromise, and any refunds applicable to such period shall belong solely to Seller). Seller shall not modify the Ground Lease in any respect. In addition, and notwithstanding the foregoing, Seller shall have the
right, without Purchaser’s consent, to continue to perform improvements to the Property, and make alterations thereto, which are expressly required under the Leases. Whenever in this Section Seller is required to obtain Purchaser’s consent
with respect to any proposed action or transaction, Purchaser shall, within five (5) Business Days after receipt of Seller’s receipt of request therefor, notify Seller of its approval or disapproval of same and, if Purchaser fails to
notify Seller in writing of its disapproval within said five (5) Business Day period, Purchaser shall be deemed to have approved same.  
 7.1.2 Except as may be required by the terms of any Lease or the Ground Lease, Seller shall have no obligation to Purchaser to (i) bring the Property into compliance with any laws or regulations
applicable to the Property, or (ii) make or perform any capital repairs or replacements. 
 7.1.3
Purchaser shall review the Contracts within ten (10) days after the Effective Date to determine, among other things, whether such Contracts are terminable, and to determine whether Purchaser desires to assume any of such agreements. Not later
than fifteen (15) days after the Effective Date, Purchaser shall deliver a notice to Seller setting forth which of such Contracts, if any, that Purchaser elects to have Seller attempt to terminate; provided, however, that
Purchaser shall not have the right to terminate the following Contracts: (i) Natural Gas, Electric Power Supply Service and Green-E (®) Certified Renewable Energy Credits Purchase and Sales Base Agreement dated October 28, 2010, by and between Washington Gas Energy Services, Inc.
(“Washington Gas”), and Intelsat Global Service Corporation (predecessor to Seller), as amended and supplemented (the “Energy Supply Contract”), and (ii) food management service agreement between Seller and
Sodexo Management, Inc. (the “Sodexo Contract”), copies of which was provided to Purchaser as part of the Property Information. Seller shall seek to obtain the consent of Washington Gas under the Energy Supply Contract to the
assumption of Seller’s obligations thereunder as provided in Section VII(F) thereof, and confirmation from Washington Gas as to whether all amounts due thereunder from Seller have been paid. Purchaser acknowledges that Purchaser will not have
the right to assume that certain Master Services Agreement dated December 8, 2011, by and between Intelsat Corporation and Ryan, LLC and, subject to the terms of the Post-Closing Intelsat Lease, the Sodexo Contract. Seller will deliver such
notices of termination at Closing as to all such Contracts timely designated by Purchaser, it being understood that any termination or similar fees associated therewith shall be paid by Seller, and Purchaser shall have no responsibility or liability
therefor. At Closing, Seller shall assign to Purchaser, and Purchaser shall assume, the Contracts (as identified on Schedule 1.8 hereto), including the Energy Supply Contract, but excluding any Contract Purchaser elects to terminate
pursuant to this Section 7.1.3, pursuant to the Bill of Sale and Assignment and Assumption Agreement. 
 7.2
Governmental Notices. Promptly after receipt, Seller shall provide Purchaser with copies of any written notices that Seller receives with respect to (i) any special assessments or proposed increases in the valuation of the Property;
(ii) any condemnation or eminent domain 

  
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proceedings affecting the Property; or (iii) any violation of any Environmental Law or any zoning, health, fire, safety or other law, regulation or code applicable to the Property. In
addition, Seller shall deliver or cause to be delivered to Purchaser, promptly upon receipt thereof by Seller, copies of any written notices of default given or received by Seller under any of the Leases or the Ground Lease. 

7.3 Litigation. Seller will advise Purchaser promptly of any litigation, arbitration proceeding or administrative hearing which
concerns or affects Seller or the Property and which is instituted after the Effective Date. 
 7.4 Insurance. Prior to
Closing, Seller will maintain Seller’s existing insurance coverage with respect to the Property. 
 7.5 Estoppel
Certificates. Seller shall use good faith business efforts to obtain and deliver to Purchaser, not later than the date that is five (5) Business Days prior to the Closing Date, an estoppel certificate in substantially the form of
Exhibit C attached hereto from each tenant at the Property (or in the form required by each tenant’s lease) (collectively, the “Lease Certificates”). Seller’s obligation to use good faith business efforts to
obtain Lease Certificates from all tenants shall be deemed to require Seller only to make requests therefor and to follow up on a commercially reasonable manner, but shall not include the payment of any money, issuance of any default notices or any
other extraordinary action by Seller. 
 7.6 Ground Lessor Consent. From and after the Effective Date, Seller shall use
good faith business efforts to obtain the following from Ground Lessor, in form and substance reasonably satisfactory to Seller and Purchaser: (A) Ground Lessor’s written consent, in accordance with the terms of Article 7-1(B) of the
Ground Lease, to both (I) the assignment of Seller’s interest, as lessee, under the Ground Lease to Purchaser, and (II) the Post-Closing Intelsat Lease (as defined below), and (B) Ground Lessor’s written confirmation that
(i) Seller shall have no liability under the Ground Lease on account of any act, occurrence or omission that occurs from and after Closing, in accordance with a “novation agreement” or similar document; (ii) Ground Lessor has not
sent Seller any written notice of default under the Ground Lease that has not been cured and, to the best of Ground Lessor’s knowledge, Seller is in compliance with all of Seller’s monetary and material non-monetary obligations as ground
lessee under the Ground Lease; (iii) Purchaser shall have no liability under the Ground Lease for acts, occurrences, omissions or obligations that accrued or occurred prior to the Closing (except for acts, occurrences or omissions of a
continuing nature, provided that Purchaser’s liability shall be limited to acts, occurrences or omissions accruing from after the Closing), and (iv) from and after the Closing, to the best of Ground Lessor’s knowledge, fee simple
title to the Improvements will vest in Purchaser. The consent and confirmation described in the immediately preceding sentence are referred to collectively as the “Ground Lessor Consent.” It is understood that in the event the
Ground Lessor does not confirm the matters set forth in clauses (ii) and (iii) above (the “Ground Lessor No Default Confirmation”), then Purchaser shall rely exclusively on the Liability Cap Increase Representation, and
the failure by the Ground Lessor to confirm the absence of defaults by Seller shall not, by itself, result in a failure of the conditions precedent set forth in Sections 8.1.1 and 8.2.1. Further, Ground Lessor’s failure to include
the confirmation set forth in clause (iv) above shall not, by itself, result in a failure of the conditions precedent set forth in Sections 8.1.1 and 8.2.1. If required by Ground Lessor, Seller and Purchaser shall

  
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provide to Ground Lessor any and all information or certifications requested by Ground Lessor in connection with obtaining Ground Lessor’s consent to the assignment of the Ground Lease and
the Post-Closing Intelsat Lease, including, but not limited to, (i) financial statements of Purchaser and Purchaser’s direct and indirect managing members and general partners and each of Purchaser’s passive investors, if any, owning
at least a direct or indirect five percent (5%) equity interest in Purchaser (it being acknowledged that in no event shall Purchaser’s passive investors owning less than five percent (5%) equity in Purchaser be required to deliver
financial statements to Ground Lessor), and, to the extent publicly available, Purchaser’s mortgage and mezzanine lenders providing debt financing to enable Purchaser to close the transactions contemplated hereby; and (ii) any and all
documents, information and materials in the possession of Seller or Purchaser, or both, that Ground Lessor, the United States General Services Administration or their respective counsel may request with respect to (a) security or safety
concerns of the Ground Lessor, or (b) Purchaser’s intended use, development and occupation of the Property. In addition, Seller and Purchaser agree to make such modifications to the Assignment and Assumption of Ground Lease in the form of
Exhibit D hereto as may be requested by Ground Lessor, so long as such modifications do not increase the additional rent, management fee, parking fee or other financial obligations of the ground lessee under the Ground Lease, or impose
any new financial obligations on the ground lessee, except for regularly scheduled increases of such amounts as provided in the Ground Lease), shorten the existing or renewal terms of the Ground Lease, impose any additional material restrictions on
Purchaser’s right to assign or mortgage its interest in the Ground Lease or sublet the Improvements (or any portion thereof), or otherwise materially and adversely affect or limit Purchaser’s rights or materially increase Purchaser’s
other obligations under the Ground Lease or impose any additional material liability or expense on Purchaser. Seller will promptly forward to Purchaser copies of any official notices or correspondence between Ground Lessor and Seller pertaining to
the request for Ground Lessor’s Consent, it being understood that routine communications (such as, for example, electronic mail messages attempting to schedule meetings or calls) may not be provided to Purchaser. 

ARTICLE 8 CONDITIONS PRECEDENT TO CLOSING 
 8.1 Conditions Precedent to Purchaser’s Obligation to Close. Purchaser’s obligation to purchase the Property is subject to satisfaction on or before the Closing Date (as such date may be
extended as provided herein) of the following conditions, any of which (except for the condition referenced in Section 8.1.1) may be waived in writing by Purchaser in Purchaser’s sole and absolute discretion. 

8.1.1 Ground Lessor Consent. Ground Lessor shall have issued the Ground Lessor Consent. 

8.1.2 Covenants. Seller shall have performed and observed, in all material respects, all covenants of Seller under this Agreement.

 8.1.3 Representations and Warranties. Subject to Section 8.4 of this Agreement, all representations and
warranties of Seller set forth in this Agreement shall be true and correct in all material respects as if made on the Closing Date 

  
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 8.1.4 Title. The Title Company shall be prepared to issue to Purchaser, at standard
rates, an ALTA Form B (2006) leasehold owner’s title insurance policy in the amount of the Purchase Price, insuring that the leasehold estate to the Property (including fee title interest to the Improvements) is vested in Purchaser,
subject only to the Permitted Exceptions, matters caused by Purchaser or its activities on the Property, or other matters approved in writing by Purchaser. 
 8.1.5 Delivery of Closing Documents. Seller shall have delivered each of the Closing Documents required to be delivered under Section 9.2.1 of this Agreement. 

8.2 Conditions Precedent to Seller’s Obligation to Close. Seller’s obligation to sell the Property is subject to
satisfaction, on or before the Closing Date (as such date may be extended or postponed as provided herein) of the following conditions, any of which (except for the condition referenced in Section 8.2.1) may be waived in writing by
Seller, in Seller’s sole and absolute discretion: 
 8.2.1 Ground Lessor Consent. Ground Lessor shall issued the
Ground Lessor Consent. 
 8.2.2 Covenants. Purchaser shall have performed and observed, in all material respects, all
covenants of Purchaser under this Agreement. 
 8.2.3 Representations and Warranties. All representations and warranties
of Purchaser set forth in this Agreement shall be true and correct in all material respects as if made on the Closing Date. 

8.2.4 Delivery of Closing Documents. Purchaser shall have delivered each of the Closing Documents required to be delivered under
Section 9.2.2 of this Agreement. 
 8.3 Failure of a Condition 

8.3.1 In the event that any condition precedent to Closing has not been satisfied on or before the Closing Date, then the party whose
conditions to Closing have not been satisfied (the “Unsatisfied Party”) shall give notice to the other party of the condition or conditions which the Unsatisfied Party asserts are not satisfied. If the conditions specified in such
notice are not satisfied within ten (10) Business Days after receipt of such notice, then the party whose condition precedent was not satisfied may terminate this Agreement, whereupon neither party shall have any further rights or obligations
hereunder (other than any obligations of either party that expressly survive termination) and the Deposit shall be returned to Purchaser; provided, however, that if such failure of a condition is due to a default by one of the parties,
the disposition of the Deposit shall be governed solely by Article 11 of this Agreement and not by this Section 8.3.1. Notwithstanding anything contained herein to the contrary, if any of the conditions precedent to
Purchaser’s obligation to close, as set forth in Section 8.1 of this Agreement, are not satisfied within the ten (10) Business Day period specified above and the same are reasonably susceptible of being cured (as reasonably
determined by Seller), then Seller and Purchaser shall each have the right to extend such period in which to satisfy the unsatisfied condition for a period of up to thirty (30) additional days, by giving notice thereof to the other party within
such ten (10) Business Day period. Further, Purchaser shall have the right to waive 

  
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the unsatisfied condition or conditions, by notice to Seller within five (5) Business Days after expiration of the applicable satisfaction period, without satisfaction having occurred, in
which event the Closing Date shall be the date which is five (5) Business Days after Seller’s receipt of Purchaser’s waiver notice. It is understood and agreed that the failure of any condition set forth in Section 8.1 of
this Agreement (except for Section 8.1.5) shall not constitute a default, breach of a covenant or other failure to perform by Seller hereunder. Further, and notwithstanding anything to the contrary contained herein, in no event shall the
conditions set forth in Sections 8.1.1 and 8.2.1 be waived by either Purchaser or Seller, respectively. 
 8.3.2
If the transaction contemplated by this Agreement closes, the parties shall be deemed to have waived any and all unmet or unsatisfied conditions, other than any unmet or unsatisfied conditions arising out of a breach by either party of any of its
representations and warranties hereunder of which the other party has no actual knowledge as of Closing. 
 8.4
Representations and Warranties. All representations and warranties made by Seller in this Agreement shall be true and correct in all material respects as of the Closing Date, except to the extent the facts and circumstances underlying such
representations and warranties may have changed between the Effective Date and Closing; provided, however, that if on the Closing Date any such representations and warranties are not true and correct in all material respects or Seller
has not performed any material covenants required to be performed by Seller pursuant to this Agreement, Purchaser shall in any event be required to close hereunder and pay the Purchase Price to Seller without any reduction or credit; unless the
breach of any representations and warranties or covenants will have, in the aggregate, a “material adverse effect” and in such event, Seller shall be entitled, at its option and in its sole discretion, to credit to Purchaser such amount on
account of such breach as will cause the same to no longer have a “material adverse effect,” in which event Purchaser shall be required to close hereunder. As used herein, a “material adverse effect” shall be deemed to have
occurred if by reason of such misrepresentation or breach of covenant the fair market value of the Property is decreased by an amount exceeding Eight Hundred Fifty Thousand Dollars ($850,000.00). For purposes hereof, a representation or warranty
shall not be deemed to have been breached if the representation or warranty is not true and correct in all material respects as of the Closing Date by reason of changed facts or circumstances which (i) pursuant to the terms of this Agreement
are permitted to have occurred or (ii) are not within the reasonable control of Seller. 
 ARTICLE 9 CLOSING

 9.1 Closing Date. The consummation of the transaction contemplated hereby (the “Closing”) will
take place at the office of Seller’s counsel in Washington, DC via an escrow closing, on the date that is ten (10) days after issuance of the Ground Lessor Consent (with time being of the essence with respect thereto), or such earlier date
as Seller and Purchaser may mutually agree upon in writing, but in no event earlier than sixty (60) days following the Effective Date (the “Closing Date”), and in no event shall the Closing Date occur after November 28,
2012 (the “Outside Closing Date”) (with time of the essence as to both the Closing Date and the Outside Closing Date). If, as of the Outside Closing Date, the Ground Lessor Consent has not been issued, then either Purchaser or
Seller shall have the right, each in its sole and absolute discretion, to terminate this Agreement, in which event the Deposit shall be 

  
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returned promptly to Purchaser, whereupon neither party shall have any further rights, duties or obligations hereunder, other than the obligations and rights set forth here that expressly survive
the termination of this Agreement. Purchaser and Seller agree to finalize and execute all documents necessary for the consummation of the transaction contemplated herein, including but not limited to the settlement statement, and to deliver all such
documents to the Title Company in escrow not later than the end of the Business Day immediately preceding the Closing Date in order to ensure the orderly and timely transfer of all funds necessary for Closing by not later than 3:00 p.m. (local
Washington, DC time) on the Closing Date. 
 9.2 Seller’s Obligations at the Closing. At the Closing, Seller will
do, or cause to be done, the following: 
 9.2.1 Closing Documents. Seller shall execute, acknowledge (if necessary) and
deliver originals of the following documents: 
 9.2.1.1 Assignment and Assumption of Ground Lease in the form of
Exhibit D hereto, subject to Section 7.6 of this Agreement; 
 9.2.1.2 Bill of Sale in
the form of Exhibit E hereto; 
 9.2.1.3 Assignment and Assumption Agreement in the form of
Exhibit F hereto; 
 9.2.1.4 Certificate of Non-Foreign Status in the form of Exhibit G
hereto (the “FIRPTA Certificate”); 
 9.2.1.5 Letters to each tenant under the Leases in the
form of Exhibit H hereto, notifying tenants of the conveyance of the Property to Purchaser and advising them that, following the Closing Date, all future payments of rent are to be made in the manner set forth therein; 

9.2.1.6 Settlement statement showing all of the payments, adjustments and prorations provided for in
Section 9.5 and otherwise agreed upon by Seller and Purchaser; 
 9.2.1.7 Such transfer tax forms as
may be required as a condition to the recordation of the Assignment and Assumption of Ground Lease; 
 9.2.1.8
Subject to Section 8.4, a certificate stating that each of Seller’s representations and warranties contained in this Agreement is true and correct in all material respects as of the Closing Date, including an updated Rent Roll dated
within five (5) Business Days of the Closing Date, which certificate shall permit Purchaser’s mortgagee to rely upon the representations and warranties made by Seller pursuant to Section 6.1.9 of this Agreement, subject to
Section 11.2 of this Agreement; 
 9.2.1.9 An Owner’s Affidavit in the form of
Exhibit I attached hereto (the “Owner’s Affidavit”). Seller shall also deliver to the Title Company and the Purchaser such evidence as may be reasonably required by the Title Company with

  
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respect to the authority of the person(s) executing the Assignment and Assumption of Ground Lease and the other documents required to be executed by Seller on behalf of Seller; 

9.2.1.10 Such documents as may be required to effectuate the Ground Lessor Consent; 

9.2.1.11 Evidence of the termination of Seller’s existing property management agreement and copies of notices of
termination of such other service agreements and contracts that Purchaser elected to have terminated in accordance with Section 7.1.3; 
 9.2.1.12 The Lease Agreement, by and between Purchaser, as landlord, and Seller, as tenant, in the form of Exhibit J hereto (the “Post-Closing Intelsat Lease”); and

 9.2.1.13 The Lease Certificates, to the extent received. 

9.2.2 Original Property Information Documents. Seller will deliver to Purchaser originals within Seller’s possession or
control of all items constituting the Property Information referenced in Article 4, including, (i) to the extent in Seller’s possession, an original counterpart of the Ground Lease and original counterparts of the Leases,
(ii) plans and specifications for the Improvements, and (iii) Seller’s lease files. 
 9.2.3 Possession.
Seller will deliver to Purchaser possession of the Property, subject to the Leases. 
 9.2.4 Keys. Seller will deliver to
Purchaser all keys in the possession or subject to the control of Seller, including, without limitation, master keys as well as combinations, card key inventory and unused cards for the security systems, if any. 

9.2.5 Costs. Seller will pay all costs allocated to Seller pursuant to Section 9.5 of this Agreement. 

9.3 Purchaser’s Obligations at the Closing. At the Closing, Purchaser will do, or cause to be done, the following:

 9.3.1 Closing Documents. At Closing, Purchaser shall execute, acknowledge (if necessary) and deliver originals of the
following documents: 
 9.3.1.1 Assignment and Assumption Agreement in the form of Exhibit F hereto,
subject to Section 7.6 of this Agreement; 
 9.3.1.2 Settlement statement showing all of the
payments, adjustments and prorations provided for in Section 9.5 and otherwise agreed upon by Seller and Purchaser; 

  
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 9.3.1.3 Such transfer tax forms as may be required as a condition to the
recordation of the Assignment and Assumption of Ground Lease; 
 9.3.1.4 Such evidence as may be reasonably
required by the Title Company with respect to the authority of the person(s) executing the documents required to be executed by Purchaser on behalf of Purchaser; 

9.3.1.5 A certificate stating that each of Purchaser’s representations and warranties contained in this Agreement is
true and correct in all material respects; 
 9.3.1.6 The Post-Closing Intelsat Lease; and 

9.3.1.7 Such documents as may be required to effectuate the Ground Lessor Consent. 

9.3.2 Payment of Consideration. Purchaser will pay to Escrow Agent by bank wire transfer of immediately available funds at Closing
the Purchase Price in accordance with Article 2 of this Agreement (subject to the credits, prorations and adjustments provided hereby). The net closing proceeds due to Seller shall be wire transferred to such account or accounts as Seller may
designate, and actually received in such account or accounts, not later than 3:00 p.m. (local Washington, DC time) on the Closing Date (the “Wiring Deadline”), with time being strictly of the essence with respect thereto.

 9.3.3 Costs. Purchaser will pay all costs allocated to Purchaser pursuant to Section 9.5 of this
Agreement. 
 9.4 Escrow. The delivery of the documents and the payment of the sums to be delivered and paid at the
Closing shall be accomplished through an escrow with the Escrow Agent. 
 9.5 Costs and Adjustments at Closing

 9.5.1 Expenses. Subject to the provisions of Section 9.1 of this Agreement, the local recordation and
transfer taxes and recording fees imposed upon or payable in connection with the recordation of the Assignment and Assumption of Ground Lease, and any closing or escrow fees of the Escrow Agent shall be paid one-half by Purchaser and one-half by
Seller. Seller shall pay all costs and fees for Seller’s representatives and consultants lien releases and related title company charges. Purchaser shall pay all costs and fees for title examination, title insurance and related title company
charges, the Survey of the Property and all of Purchaser’s due diligence studies and investigations. Seller and Purchaser shall each pay its respective attorney’s fees. 

9.5.2 Real Estate and Personal Property Taxes. The taxes imposed pursuant to District of Columbia Code § 47-1005.01, which is
commonly referred to as the District of Columbia Possessory Interest Tax, real estate taxes and any personal property taxes for the year in which the Closing occurs will be prorated between Seller and Purchaser as of the Apportionment Time on the
basis of actual bills therefor, if available. If such bills are not available, then such taxes and other charges shall be prorated on the basis of the most currently 

  
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available tax bills and, thereafter, promptly re-prorated upon the availability of actual bills for the period. All rebates or reductions in taxes received subsequent to Closing, net of costs of
obtaining the same, shall be prorated as of the Apportionment Time, when received. The current installment of all special assessments, if any, which are a lien against the Property at the time of Closing and which are being or may be paid in
installments shall be prorated as of the Apportionment Time. As used herein, the term “Apportionment Time” shall mean 11:59 p.m. local Washington, DC time on the date immediately prior to the Closing Date. No portion of the Purchase
Price shall be allocated to the Personal Property conveyed to Purchaser at Closing. 
 9.5.3 Lease Security Deposits and
Rents. Seller shall pay to Purchaser, as a credit against the Purchase Price, the amount of any cash security deposits actually received by Seller pursuant to the Leases and not yet refunded to tenants. All rents, common area charges, real
estate taxes and other costs or charges paid by tenants under the Leases shall be prorated as of the Apportionment Time, to the extent actually collected by Seller. With respect to any rent or charges that is delinquent at Closing, Seller shall have
the right to pursue all rights and remedies against the tenants to recover such delinquencies; provided, however, that Seller shall not be entitled to dispossess such tenants. Purchaser shall promptly remit to Seller any rent or
payments for any charges received by Purchaser subsequent to Closing which are attributable to periods prior to Closing, to the extent such rent or payments were not credited to Seller at Closing; provided, however, that such amounts
received from tenants after Closing will first be applied to such charges as are then due and then applied in their reverse order of accrual until applied in full; it being acknowledged that rent payable pursuant to the Lease with the District of
Columbia is paid in arrears and the amount payable pursuant to any such Lease for the month in which Closing occurs shall be apportioned by Seller and Purchaser upon receipt of such rent after the Closing. With respect to any security deposits which
are other than cash, Seller shall deliver to Purchaser at the Closing the original documentation related thereto with such transfer documentation as may be necessary, and prior to the time on which any letter of credit is finally transferred, Seller
shall, at Purchaser’s request, make draws thereon if permitted pursuant to a Lease, and remit the proceeds to Purchaser. 

9.5.4 Utilities. Water, sewer, electric, fuel (if any) and other utility charges, other than those for which tenants under Leases
are responsible directly to the provider, shall be prorated as of the Apportionment Time. If consumption of any of the foregoing is measured by meter, Seller shall, prior to the Closing Date, endeavor to obtain a reading of each such meter and a
final bill as of the Closing Date. If there is no such meter or if the bill for any of the foregoing shall have not been issued as of the Closing Date, the charges therefor shall be adjusted as of the Apportionment Time on the basis of the charges
of the prior period for which such bills were issued and shall be further adjusted between the parties when the bills for the correct period are issued. Seller and Purchaser shall cooperate to cause the transfer of utility accounts from Seller to
Purchaser, if required by the utility. Seller shall be entitled to retain any utility security deposits to be refunded. At Closing, Purchaser shall post substitute utility security deposits to replace those previously paid by Seller or, if the
utility provider will not refund such deposits to Seller, Seller shall be reimbursed therefor by Purchaser at Closing. 
 9.5.5
Insurance Policies. Premiums on insurance policies will not be adjusted. As of the Closing Date, Seller will terminate its insurance coverage and Purchaser will effect its own insurance coverage. 

  
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 9.5.6 Commissions. Seller shall be responsible for the payment of all Commissions (as
defined below); Purchaser shall be responsible for the payment of all Future Commissions (as defined below). For purposes hereof, the term “Commissions” shall mean the leasing commissions payable in connection with the Leases and
the Licenses in effect as of the Effective Date. For purposes hereof, the term “Future Commissions” shall mean (i) any leasing commissions which become due and payable after the Effective Date and arise from and by reason of
the exercise of any renewal option, extension option, expansion option, lease of additional space, right of first offer, right of first refusal or similar right or option in any such Lease, which is first exercised after the Effective Date, and
(ii) all leasing commissions which may become due and payable (whether before or after the Closing Date) in connection with any new Lease entered into between the Effective Date and the Closing Date, in each case which have been approved (or
deemed approved) by Purchaser to the extent required by the terms hereof. If as of the Closing Date Seller shall have not paid any Commissions for which Seller is responsible pursuant to the foregoing provisions, then (a) Purchaser shall
receive a credit against the Purchase Price in an amount equal to such unpaid Commissions, (b) Purchaser shall thereby assume the obligation of Seller to pay such Commissions, and (c) Seller shall no longer be responsible for the payment
of such Commissions. 
 9.5.7 Tenant Inducement Costs. Seller shall be responsible for the payment of all Tenant
Inducement Costs (as defined below), other than Future Tenant Inducement Costs (as defined below). Purchaser shall be responsible for the payment of all Future Tenant Inducement Costs. For purposes hereof, the term “Tenant Inducement
Costs” shall mean any out-of-pocket payments required under a Lease to be paid by the landlord thereunder to or for the benefit of the tenant thereunder which is in the nature of a tenant inducement or concession including, without
limitation, tenant improvement costs, design, refurbishment and other work allowances, lease buyout costs, and moving allowances; provided, however, that “Tenant Inducement Costs” shall not include loss of income resulting
from any free rental period (it being agreed that Seller shall bear such loss resulting from any free rental period with respect to the period prior to the Closing Date and that Purchaser shall bear such loss with respect to the period from and
after the Closing Date). For purposes hereof, the term “Future Tenant Inducement Costs” shall mean (i) any Tenant Inducement Costs which may become due and payable, whether before or after the Closing Date, arising from,
relating to or in connection with the exercise after the Effective Date of any renewal option, extension option, expansion option, lease of additional space, right of first offer, right of first refusal or similar right or option or the lapse or
waiver of any right of cancellation expressly set forth and contained in any of the Leases in effect as of the Effective Date), and (ii) all Tenant Inducement Costs which may become due and payable in connection with the execution and delivery
between the Effective Date and the Closing Date of any new Lease, in each case which have been approved (or deemed approved) by Purchaser to the extent required by the terms hereof. If as of the Closing Date Seller shall have not paid any Tenant
Inducement Costs for which Seller is responsible pursuant to the foregoing provisions, then (a) Purchaser shall receive a credit against the Purchase Price in an amount equal to such unpaid Tenant Inducement Costs, (b) Purchaser shall
thereby assume the obligations of Seller to pay such Tenant Inducement Costs pursuant to the Assignment and Assumption Agreement in the form of Exhibit F hereto, and (c) Seller shall no longer be responsible for the payment of such
Tenant Inducement Costs. 

  
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 9.5.8 Closing Statement. Not later than two (2) Business Days prior to the
Closing, Seller or its agents or designees shall prepare, and promptly thereafter, Seller and Purchaser shall jointly agree upon, a closing statement (the “Closing Statement”) that will show the net amount due either to Seller or to
Purchaser as the result of the adjustments and prorations provided for in this Agreement, and such net due amount shall be added to or subtracted from the cash balance of the Purchase Price to be paid to Seller at the Closing, as applicable. Not
later than the date that is one hundred eighty (180) days after the Closing Date, Seller and Purchaser shall jointly prepare a final closing statement reasonably satisfactory to Seller and Purchaser in form and substance (the “Final
Closing Statement”) setting forth the final determination of the adjustments and prorations provided for herein and setting forth any items that are not capable of being determined at such time (and the manner in which such items shall be
determined and paid). The net amount due Seller or Purchaser, if any, by reason of adjustments to the Closing Statement as shown in the Final Closing Statement, shall be paid in cash by the party obligated therefor within five (5) Business Days
following that party’s receipt of the approved Final Closing Statement. The adjustments, prorations and determinations agreed to by Seller and Purchaser in the Final Closing Statement shall be conclusive and binding on the parties hereto except
for any items that are not capable of being determined at the time the Final Closing Statement is agreed to by Seller and Purchaser, which items shall be determined and paid promptly as soon as they are capable of being determined and except for
other amounts payable hereunder pursuant to provisions which survive the Closing. Prior to and following the Closing Date, each party shall provide the other with such information as the other shall reasonably request (including, without limitation,
access to the books, records, files, ledgers, information and data with respect to the Property during normal business hours upon reasonable advance notice) in order to make the preliminary and final adjustments and prorations provided for herein.

 9.5.9 Ground Lease Payments. The Ground Lease Payments (hereinafter defined) shall be prorated between Purchaser and
Seller as of the Apportionment Time. Seller shall be responsible for any Ground Lease Payments or other payments due and owing to Ground Lessor under the Ground Lease for the time prior to the Apportionment Time; and Purchaser shall be responsible
for any Ground Lease Payments or other payments due and owing to Ground Lessor under the Ground Lease for the time after the Apportionment Time. As used herein, the term “Ground Lease Payments” shall mean (i) the additional
rent payments payable pursuant to Article 3-2 of the Ground Lease; (ii) the management fee payable pursuant to Article 3-3 of the Ground Lease, and (iii) the parking fee payable pursuant to Article 3-4 of the Ground Lease. The Ground Lease
Payments shall not include the sum referenced in Article 3-1 of the Ground Lease. 
 9.5.10 No Financing Contingency.
Notwithstanding anything contained herein (or implied) to the contrary, it is expressly acknowledged by Purchaser (i) that the Closing of the transactions contemplated by this Agreement is not subject to any financing contingency and Purchaser
agrees that the ability or inability of Purchaser to obtain debt, equity investments or other financing in order to pay all or any part of the Purchase Price shall not be a contingency or condition to any of Purchaser’s obligations under this
Agreement, and (ii) Seller shall have no obligation whatsoever to assist or cooperate with Purchaser in connection with obtaining any financing unless otherwise expressly agreed to herein; provided, however, that at
Purchaser’s request, Seller will distribute to any tenants designated by Purchaser a form of subordination, non-disturbance and attornment agreement requested by Purchaser’s mortgage lender, and seek

  
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the tenants’ cooperation in the execution thereof, but failure by any one or more tenant to cooperate or execute such documents shall not constitute a default by Seller or constitute a
failure of a condition to Closing. 
 9.5.11 Survival. The provisions of this Section 9.5 shall survive
Closing or a termination of this Agreement. 
 ARTICLE 10 DAMAGE AND CONDEMNATION 

10.1 Damage. If, prior to the Closing, all or any portion of the Property is damaged by fire or any other cause whatsoever, Seller
shall promptly give Purchaser written notice of such damage. Seller shall comply with the requirements of the Ground Lease with respect to any casualty that occurs from and after the Effective Date, notwithstanding anything to the contrary contained
in this Agreement. 
 10.1.1 Minor Damage. If the cost for repairing such damage is less than or equal to Four Million
Dollars ($4,000,000.00) (as determined by Seller’s independent insurer), then Purchaser shall have the right at Closing to receive the amount of the deductible plus all insurance proceeds received by Seller as a result of such loss, or an
assignment of Seller’s rights to such insurance proceeds, and this Agreement shall continue in full force and effect with no reduction in the Purchase Price, and Seller shall have no further liability or obligation to repair such damage or to
replace the Property. 
 10.1.2 Major Damage. If the cost for repairing such damage is greater than Four Million Dollars
($4,000,000.00) (as determined by Seller’s independent insurer), then Purchaser shall have the option, exercisable by written notice delivered to Seller within ten (10) Business Days after Seller’s notice of damage to Purchaser,
either (i) to receive the amount of the deductible plus all insurance proceeds received by Seller as a result of such loss, or an assignment of Seller’s rights to such insurance proceeds, and this Agreement shall continue in full force and
effect with no reduction in the Purchase Price, and Seller shall have no further liability or obligation to repair such damage or to replace the Property; or (ii) to terminate this Agreement. If Purchaser elects to terminate this Agreement,
Purchaser shall give notice to Seller thereof, the Deposit shall be returned to Purchaser, and thereafter neither party will have any further rights or obligations hereunder, except for any obligations that expressly survive termination. If
Purchaser fails to notify Seller within such ten (10) Business Day period of Purchaser’s election to terminate this Agreement, then Purchaser shall be deemed to have elected option (i), and Purchaser and Seller shall proceed to
Closing in accordance with the terms and conditions of this Agreement. 
 10.2 Condemnation and Eminent Domain. In the
event that any condemnation proceedings are instituted, or notice of intent to condemn is given, with respect to all or any portion of the Property, Seller shall promptly notify Purchaser thereof, in which event Purchaser shall have the right, at
its sole option, to terminate this Agreement by written notice to Seller and Escrow Agent within ten (10) days after receipt of written notice of such action, in which event the Deposit shall be returned to Purchaser, whereupon neither party
shall have any further rights, duties or obligations hereunder other than the obligations and rights set forth herein that expressly survive the termination of this Agreement. If Purchaser does not elect to terminate this

  
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Agreement, then Purchaser shall consummate the purchase of the Property without reduction of the Purchase Price, and the right to collect any condemnation award or compensation for such
condemnation shall be assigned by Seller to Purchaser at Closing. 
 ARTICLE 11 REMEDIES AND ADDITIONAL COVENANTS

 11.1 Seller Default At or Before Closing. If Seller is in breach or default of any of its obligations or
agreements hereunder when performance is required on or prior to the Closing Date, or if any of the representations contained in Section 6.1 should be false in any material respect (subject to the provisions of Section 8.4),
and Purchaser shall become actually aware of same on or prior to the Closing Date and Purchaser shall not have waived its claims with regard to same pursuant to this Agreement, then Purchaser shall give Seller written notice of such breach or
default on or prior to the Closing Date and Seller shall have ten (10) Business Days from the date of receipt of such notice to cure such breach or default and the Closing Date shall be extended accordingly. If Seller fails to cure such breach
or default within such ten (10) Business Day period, then Purchaser shall have the right, at its sole option and as its sole remedy, and Purchaser hereby waives its right to pursue any other remedy at law or in equity, and as Purchaser’s
sole and exclusive remedy, Purchaser shall either (i) to terminate this Agreement by written notice to Seller and the Escrow Agent, in which event the Deposit shall be returned to Purchaser, whereupon neither party shall have any further
rights, duties or obligations hereunder other than the obligations and rights set forth herein that expressly survive the termination of this Agreement, or (ii) to pursue specific performance of the obligations of Seller hereunder. As a
condition precedent to Purchaser’s exercising any right it may have to bring an action for specific performance hereunder, Purchaser must commence such action for specific performance within forty-five (45) days after the scheduled Closing
Date. Purchaser agrees that its failure to timely commence such an action for specific performance within such forty-five (45) day period shall be deemed a waiver by it of its right to commence an action for specific performance as well as a
waiver by it of any right it may have to file or record a notice of lis pendens or notice of pendency of action or similar notice against the Property. In no event shall Purchaser seek, or Seller be liable for, any damages to Purchaser,
including, without limitation, punitive or consequential damages. 
 11.2 Seller Default From and After Closing.

 11.2.1 If Seller is in breach or default of any of its obligations or agreements hereunder that survive the Closing when
performance is required or if any of the Express Representations should be false in any material respect and Purchaser shall first become actually aware of same after the Closing Date, then Purchaser shall give Seller written notice of such breach
or default of such obligation, agreement or representation hereunder prior to the expiration of the applicable survival period of such breach or default and Seller shall have thirty (30) days from the date of receipt of such notice to cure such
breach or default. If Seller fails to cure such breach or default within such thirty (30) day period, and the reasonably estimated losses or damages sustained as a result of Seller’s failure or inability to perform any of its obligations,
agreements or Express Representations hereunder exceed One Hundred Thousand and 00/100 Dollars ($100,000.00) (the “Floor”), then Seller shall be liable for the actual direct damages suffered by Purchaser due to such uncured breach
or default from the first dollar of loss. Notwithstanding anything to the contrary contained herein, (i) in no event shall Seller be 

  
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liable to Purchaser for damages under this Section in an aggregate amount in excess of One Million Two Hundred Fifty Thousand and 00/100 Dollars ($1,250,000.00) (the “Liability
Cap”), except as otherwise set forth in Section 11.2.2 below, (ii) Seller’s inability to satisfy a condition of this Agreement shall not be considered a default by Seller hereunder unless such inability results from
the breach of any of Seller’s representations set forth in Section 6.1 or the breach of Seller’s express covenants and obligations hereunder, and (iii) if Purchaser has knowledge of a default by Seller on the Closing Date
and Purchaser elects to close the transaction contemplated herein, Purchaser shall be deemed to have irrevocably waived such default and Seller shall not have any liability with respect to such default. 

11.2.2 In the event the Ground Lessor does not deliver the Ground Lessor No Default Confirmation, the Liability Cap shall be increased by
an amount equal to One Million Seven Hundred Fifty Thousand and 00/100 Dollars ($1,750,000.00) (the “Liability Cap Increase”) (i.e., $3,000,000 in the aggregate), which Liability Cap Increase shall solely apply to damages suffered
by Purchaser as a result of a breach by Seller of the Liability Cap Increase Representation. 
 11.3 Purchaser Default.
The parties acknowledge and agree that Seller should be entitled to compensation for any detriment suffered if Purchaser fails to consummate the purchase of the Property if and when required to do so under the terms of this Agreement, but agree that
it would be extremely difficult to ascertain the extent of the actual detriment Seller would suffer as a result of such failure. Consequently, if Purchaser fails to consummate the purchase of the Property on the Closing Date, then, as Seller’s
sole remedy, Seller shall be entitled to terminate this Agreement by giving written notice thereof to Purchaser prior to or at the Closing, in which event the Deposit shall be paid to Seller as fixed, agreed and liquidated damages, and, after the
payment of the Deposit to Seller, neither Seller nor Purchaser will have any further rights or obligations under this Agreement, except for any obligations that expressly survive termination. 

11.4 Delivery of Materials. Notwithstanding anything contained in this Agreement to the contrary, if this Agreement is terminated
for any reason whatsoever, then Purchaser shall promptly deliver to Seller all Property Information provided to Purchaser by Seller, including copies thereof in any form whatsoever, including electronic form, along with copies of any and all tests
results and studies of the Property performed by or on behalf of Purchaser pursuant to Article 5, excluding any confidential or proprietary information or financial modeling. The obligations of Purchaser under this Section 11.4
shall survive any termination of this Agreement. 
 ARTICLE 12 BROKERAGE COMMISSION 

12.1 Brokers. Seller represents and warrants to Purchaser that Seller has not contacted or entered into any agreement with any
real estate broker, agent, finder, or any party in connection with this transaction, except for CBRE, Inc. (“Seller’s Broker”) and that Seller has not taken any action which would result in any real estate broker’s or
finder’s fees or commissions being due and payable to any party other than Seller’s Broker with respect to the transaction contemplated hereby. Seller will be solely responsible for the payment of Seller’s Broker’s commission in
accordance with the provisions of a separate agreement. Purchaser hereby represents and warrants to Seller that Purchaser has not contracted or entered into any 

  
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agreement with any real estate broker, agent, finder, or any party in connection with this transaction and that Purchaser has not taken any action which would result in any real estate
broker’s or finder’s fees or commissions being due or payable to any party with respect to the transaction contemplated hereby. 
 12.2 Indemnity. Each party hereby indemnifies and agrees to hold the other party harmless from and against any loss, liability, damage, cost, or expense (including, without limitation, reasonable
attorneys’ fees) paid or incurred by the other party by reason of a breach of the representation and warranty made by such party under this Article 12. Notwithstanding anything to the contrary contained in this Agreement, the indemnities
set forth in this Section 12.2 shall survive the Closing or earlier termination of this Agreement. 
 ARTICLE 13
NOTICES 
 13.1 Written Notice. All notices, demands and requests which may be given or which are required to be
given by either party to the other party under this Agreement must be in writing. 
 13.2 Method of Transmittal. All
notices, demands, requests or other communications required or permitted to be given hereunder must be sent (i) by United States certified mail, postage fully prepaid, return receipt requested, (ii) by hand delivery, (iii) by UPS or a
similar nationally recognized overnight courier service, or (iv) by facsimile with both telephonic confirmation and a confirmation copy delivered by another method set forth in this Section. All such notices, demands, requests or other
communications shall be deemed to have been given for all purposes of this Agreement upon the date of receipt or refusal, except that whenever under this Agreement a notice is either received on a day which is not a Business Day or is required to be
delivered on or before a specific day which is not a Business Day, the day of receipt or required delivery shall automatically be extended to the next Business Day. 
 13.3 Addresses. The addresses for proper notice under this Agreement are as follows: 
  

			
	As to Seller:	  	 Intelsat Global Service LLC

3400 International Drive, NW
 Washington, DC
20008
 Attn: Robert A. Lambert
 Fax:
(202) 944-6899

		
	With copies to:	  	 Intelsat Global Service LLC

3400 International Drive, NW
 Washington, DC
20008
 Attn: General Counsel
 Fax:
(202) 944-7529

		
		  	- and -
		
		  	 DLA Piper LLP (US)
 500 Eighth
Street, NW
 Washington, DC 20004

Attention: Frederick L. Klein
 Fax: (202)
799-5101

  
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	As to Purchaser:	  	 SL 4000 Connecticut LLC
 601 W.
26th Street, Suite 1275
 New York, NY 10001
 Attention: Mark Karasick
 Fax: (646) 365-0059

		
	With a copy to:	  	 Gerstein Strauss & Rinaldi LLP
 57 West 38th Street, Ninth Floor
 New York, NY 10018

Attention: Victor Gerstein
 Fax: (212)
575-2387

		
	And to:	  	 Levy Holm Pellegrino & Drath LLP
 950 Third Avenue, Suite 3101
 New York, NY 10022

Attention: Steven I. Holm
 Fax: (212)
759-9390

		
	As to Escrow Agent:	  	 First American Title Insurance Company
 2750 Chancellorsville Drive
 Tallahassee, FL 32312

Attn: Jason Jones
 Fax:
850-668-0312

 Either party may from time to time by written notice to the other party designate a different address for notices.
Notices sent to or from an address outside of the continental United States shall be sent only by one of the methods specified in clauses (ii), (iii) or (iv) of this Section 13.3. 

ARTICLE 14 ASSIGNMENT 
 Purchaser shall not have the right to assign its rights or delegate its duties under this Agreement without the prior written consent of Seller, which consent may be granted or withheld in Seller’s
sole and absolute discretion. For purposes hereof, an assignment shall include a transfer, directly or indirectly, of any of the ownership, membership or other legal or beneficial interests in Purchaser, and shall also include any transfer that
could affect the Ground Lessor Consent in any manner. Within twenty (20) days following the Effective Date, Purchaser shall provide written notice to Seller specifying the names of each entity and individual owning at least a direct or indirect
five percent (5%) equity interests in Purchaser. 

  
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 ARTICLE 15 MISCELLANEOUS 

15.1 Entire Agreement. This Agreement embodies the entire agreement between the parties and cannot be varied except by the written
agreement of the parties and supersedes all prior agreements and undertakings. 
 15.2 Modifications. This Agreement may
not be modified except by the written agreement of the parties. 
 15.3 Gender and Number. Words of any gender used in
this Agreement will be construed to include any other gender and words in the singular number will be construed to include the plural, and vice versa, unless the context requires otherwise. 

15.4 Captions. The captions used in connection with the Articles, Sections and Subsections of this Agreement are for convenience
only and will not be deemed to expand or limit the meaning of the language of this Agreement. 
 15.5 Successors and
Assigns. This Agreement will be binding upon and inure to the benefit of the parties hereto and their respective legal representatives, successors and permitted assigns. 
 15.6 Controlling Law. This Agreement will be construed under, governed by and enforced in accordance with the laws of the District of Columbia (without reference to conflicts of laws principles).

 15.7 Exhibits. All exhibits, attachments, schedules, annexed instruments and addenda referred to herein will be
considered a part hereof for all purposes with the same force and effect as if set forth verbatim herein. 
 15.8 No Rule of
Construction. Seller and Purchaser have each been represented by counsel in the negotiations and preparation of this Agreement; therefore, this Agreement will be deemed to be drafted by both Seller and Purchaser, and no rule of construction will
be invoked respecting the authorship of this Agreement. 
 15.9 Severability. In the event that any one or more of the
provisions contained in this Agreement (except the provisions relating to Seller’s obligations to convey the Property and Purchaser’s obligation to pay the Purchase Price, the invalidity of either of which shall cause this Agreement to be
null and void) are held to be invalid, illegal, or unenforceable in any respect, such invalidity, illegality, or unenforceability will not affect any other provisions hereof, and this Agreement shall be construed as if such invalid, illegal, or
unenforceable provision had not been contained herein; provided, however, that the parties hereto shall endeavor in good faith to rewrite the affected provision to make it (i) valid, and (ii) consistent with the intent of the
original provision. 
 15.10 Time of Essence. Time is important to both Seller and Purchaser in the performance of this
Agreement, and both parties have agreed that TIME IS OF THE ESSENCE with respect to any date set out in this Agreement. 

  
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 15.11 Business Days. “Business Day” means any day on which business
is generally transacted by banks in the District of Columbia, but shall not include the holidays of Rosh Hashanah (September 17 and 18, 2012), Yom Kippur (September 26, 2012) and Succoth (October 1, 2, 8 and 9, 2012). If the final date of any period
which is set out in any paragraph of this Agreement falls upon a day which is not a Business Day, then, and in such event, the time of such period will be extended to the next Business Day. 

15.12 No Memorandum. Purchaser and Seller agree not to record this Agreement or any memorandum hereof. 

15.13 Press Releases. Prior to Closing, any release to the public of information with respect to the matters set forth in this
Agreement will be made only in the form approved by Purchaser and Seller and their respective counsel. 
 15.14
Attorneys’ Fees and Costs. In the event either party is required to resort to litigation to enforce its rights under this Agreement, the prevailing party in such litigation will be entitled to collect from the other party all costs,
expenses and reasonable attorneys’ fees incurred in connection with such action. 
 15.15 Counterparts and Expiration of
Offer. This Agreement may be executed in multiple counterparts (which counterparts may be executed by facsimile) which shall together constitute a single document. However, this Agreement shall not be effective unless and until all counterpart
signatures have been obtained. An unsigned draft of this Agreement shall not be considered an offer by either party to purchase or sell the Property. 
 15.16 Waiver of Jury Trial. EACH PARTY HEREBY WAIVES TRIAL BY JURY IN ANY ACTION, PROCEEDING, CLAIM OR COUNTERCLAIM BROUGHT BY EITHER PARTY IN CONNECTION WITH ANY MATTER ARISING OUT OF OR IN ANY
WAY CONNECTED WITH THIS AGREEMENT, THE RELATIONSHIP OF SELLER AND PURCHASER HEREUNDER, PURCHASER’S OWNERSHIP OR USE OF THE PROPERTY, AND/OR ANY CLAIMS OF INJURY OR DAMAGE RELATED TO THE PROPERTY. 

15.17 Confidentiality 
 15.17.1 Except as provided otherwise in this Section 15.17, Purchaser and Seller, for the benefit of each other, hereby agree that neither of them will release or cause or permit to be
released to the public any press notices, publicity (oral or written) or advertising promotion relating to, or otherwise publicly announce or disclose or cause or permit to be publicly announced or disclosed, in any manner whatsoever, the terms,
conditions or substance of this Agreement or the transactions contemplated herein, without first obtaining the consent of the other party hereto, which may be granted or withheld in the sole discretion of the other party. However, each party
consents to any disclosure of this Agreement which the other party reasonably believes is required by law or which is recommended in good faith by counsel to such other party. 
 15.17.2 It is understood that the foregoing shall not preclude any party from discussing the substance or any relevant details of the transactions contemplated in this Agreement on a confidential basis
with any of its attorneys, accountants, professional 

  
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consultants, financial advisors, rating agencies, or potential lenders, as the case may be, or prevent any party hereto from complying with applicable laws, including, without limitation,
governmental regulatory, disclosure, tax and reporting requirements. Notwithstanding the foregoing, Purchaser shall have the right to deliver such information to Purchaser’s potential investors and potential lenders, in each case on a
need-to-know basis after the recipients have been informed of the confidential nature of such information and directed not to disclose such information except in accordance with this Section 15.17. The aforementioned shall not preclude
the disclosure to potential investors of the proposed purchase price, the net operating income of the Property and the approximate rate of return on the investment. 
 15.17.3 In addition to any other remedies available to Seller and Purchaser, Seller and Purchaser shall each have the right to seek equitable relief, including, without limitation, injunctive relief or
specific performance, against the other party or its representatives in order to enforce the provisions of this Section 15.17. 
 15.17.4 Notwithstanding any other provision of this Agreement, the provisions of Section 15.17 shall survive the termination of this Agreement for one (1) year following the Effective
Date, but shall not survive Closing. 
 15.17.5 Nothing contained in this Section 15.17 shall be construed to
modify, or terminate, the terms and conditions of the Confidentiality Agreement dated March 26, 2012, executed by Shimshon Klugman, on behalf of Purchaser (the “Confidentiality Agreement”); provided, however, in
the event of any express conflict between the terms of this Section 15.17 and the Confidentiality Agreement, the terms of this Section 15.17 shall control. 

15.18 Jurisdiction and Service of Process. The parties hereto agree to submit to personal jurisdiction in the District of Columbia
in any action or proceeding arising out of this Agreement and, in furtherance of such agreement, the parties hereby agree and consent that without limiting other methods of obtaining jurisdiction, personal jurisdiction over the parties in any such
action or proceeding may be obtained within or without the jurisdiction of any court located in the District of Columbia and that any process or notice of motion or other application to any such court in connection with any such action or proceeding
may be served upon the parties by certified mail to or by personal service at the last known address of the parties, whether such address be within or without the jurisdiction of any such court. Purchaser hereby irrevocably designates its counsel,
Steven I. Holm, as its agent for service of process in connection with any matter relating to this Agreement. Any legal suit, action or other proceeding by one party to this Agreement against the other arising out of or relating to this Agreement
(other than any dispute which, pursuant to the express terms of this Agreement, is to be determined by arbitration) shall be instituted only in the Superior Court of the District of Columbia, or the United States District Court for the District of
Columbia, and each party hereby waives any objections which it may now or hereafter have based on venue and/or forum non-conveniens of any such suit, action or proceeding and submits to the jurisdiction of such courts. The provisions of this
Section 15.18 shall survive the Closing or the termination hereof. 
 15.19 Seller’s Exculpation.
Purchaser agrees that it does not have and will not have any claims or causes of action against the Seller Knowledge Individual or any disclosed or undisclosed officer, director, employee, trustee, shareholder, member, manager, partner,

  
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principal, parent, subsidiary or other affiliate of Seller, including, without limitation, any officer, director, employee, trustee, shareholder, partner or principal of any such parent,
subsidiary or other affiliate (collectively, “Seller’s Affiliates”), arising out of or in connection with this Agreement or the transactions contemplated hereby. Purchaser agrees to look solely to Seller’s interest in the
Property or the proceeds received by Seller at Closing for the satisfaction of any liability or obligation arising under this Agreement or the transactions contemplated hereby, or for the performance of any of the covenants, warranties or other
agreements contained herein, and further agrees not to sue or otherwise seek to enforce any personal obligation against any of Seller’s Affiliates with respect to any matters arising out of or in connection with this Agreement or the
transactions contemplated hereby. Without limiting the generality of the foregoing provisions of this Section 15.19, Purchaser hereby unconditionally and irrevocably waives any and all claims and causes of action of any nature whatsoever
it may now or hereafter have against Seller’s Affiliates, and hereby unconditionally and irrevocably releases and discharges Seller’s Affiliates from any and all liability whatsoever which may now or hereafter accrue in favor of Purchaser
against Seller’s Affiliates, in connection with or arising out of this Agreement or the transactions contemplated hereby. The provisions of this Section 15.19 shall survive the termination of this Agreement and the Closing.

 15.20 Purchaser’s Exculpation. Notwithstanding anything appearing to the contrary in this Agreement, no direct or
indirect partner, member or shareholder of Purchaser (or any officer, director, agent, member, manager, personal representative, trustee or employee of any such direct or indirect partner, member or shareholder) shall be personally liable for the
performance of the obligations of, or in respect of any claims against, Purchaser arising under this Agreement. No personal judgment shall be sought or obtained against any of the foregoing in connection with this Agreement. 

[Signature Page Follows] 

  
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 IN WITNESS WHEREOF, the parties have executed this Purchase and Sale Agreement as of the
date first written above. 
  

			
	SELLER:
	
	 INTELSAT GLOBAL SERVICE LLC,
 a Delaware limited liability company

		
	By:	 	 /s/ Michelle V. Bryan

	Name:	 	 Michelle V. Bryan

	Title:	 	 Senior Vice Pres. - Human Resources and Corporate Services

	
	PURCHASER:
	
	 SL 4000 CONNECTICUT LLC,
 a Delaware limited liability company

		
	By:	 	 /s/ Steven I. Holm

	Name:	 	 Steven I. Holm

	Title:	 	 Authorized Signatory

  
 36 

Table of Contents

 EXHIBIT J 

POST-CLOSING INTELSAT LEASE 

Table of Contents

 LEASE AGREEMENT 

BETWEEN 
 SL 4000 CONNECTICUT LLC 

(“LANDLORD”) 

AND 
 INTELSAT GLOBAL SERVICE LLC 

(“TENANT”) 
 * * * 
 3400 INTERNATIONAL DRIVE, NW

 (ALSO KNOWN AS 4000 CONNECTICUT AVENUE, NW)

 WASHINGTON, DC 20008 
 EFFECTIVE DATE:             , 2012 

Table of Contents

 TABLE OF CONTENTS 

 

							
	 1.
	 	 DEMISED PREMISES
	  	 	1	  
	 2.
	 	 TERM
	  	 	1	  
	 3.
	 	 USE
	  	 	1	  
	 4.
	 	 RENT
	  	 	2	  
	 5.
	 	 OPTION TO RENEW
	  	 	2	  
	 6.
	 	 PARKING
	  	 	3	  
	 7.
	 	 CONDITION OF PREMISES
	  	 	4	  
	 8.
	 	 MAINTENANCE
	  	 	4	  
	 9.
	 	 ALTERATIONS
	  	 	5	  
	 10.
	 	 ENVIRONMENTAL
	  	 	6	  
	 11.
	 	 TERMINATION RIGHT
	  	 	7	  
	 12.
	 	 RESPONSIBILITY FOR DAMAGE TO DEMISED PREMISES
	  	 	7	  
	 13.
	 	 LIABILITY OF LANDLORD
	  	 	8	  
	 14.
	 	 SIGNS AND FURNISHINGS
	  	 	8	  
	 15.
	 	 SERVICES AND UTILITIES
	  	 	9	  
	 16.
	 	 ENTRY FOR HOUSEKEEPING, REPAIRS AND INSPECTIONS
	  	 	10	  
	 17.
	 	 TENANT’S EQUIPMENT
	  	 	11	  
	 18.
	 	 INDEMNITY AND INSURANCE
	  	 	11	  
	 19.
	 	 FIRE AND OTHER CASUALTY DAMAGE TO DEMISED PREMISES
	  	 	12	  
	 20.
	 	 DEFAULT OF TENANT
	  	 	13	  
	 21.
	 	 WAIVER
	  	 	15	  
	 22.
	 	 ATTORNMENT
	  	 	16	  
	 23.
	 	 CONDEMNATION
	  	 	17	  
	 24.
	 	 RIGHT OF LANDLORD TO CURE TENANT’S DEFAULT; LATE PAYMENTS
	  	 	17	  
	 25.
	 	 NO PARTNERSHIP
	  	 	18	  
	 26.
	 	 NO REPRESENTATIONS BY LANDLORD
	  	 	18	  
	 27.
	 	 BROKERS
	  	 	18	  
	 28.
	 	 NOTICES
	  	 	18	  
	 29.
	 	 ESTOPPEL CERTIFICATES
	  	 	19	  
	 30.
	 	 COVENANTS OF LANDLORD
	  	 	20	  
	 31.
	 	 SURRENDER OF DEMISED PREMISES
	  	 	21	  
	 32.
	 	 HOLDING OVER
	  	 	21	  
	 33.
	 	 UNDERLYING LEASE
	  	 	21	  
	 34.
	 	 ASSIGNMENT AND SUBLETTING
	  	 	22	  
	 35.
	 	 CONSENTS, COMPLIANCE WITH EXECUTIVE ORDER, ETC
	  	 	23	  
	 36.
	 	 GENDER/HEADINGS
	  	 	23	  
	 37.
	 	 BENEFIT AND BURDEN
	  	 	23	  
	 38.
	 	 GOVERNING LAW
	  	 	23	  
	 39.
	 	 WAIVER OF TRIAL BY JURY
	  	 	24	  
	 40.
	 	 CERTIFICATION OF THE PARTIES
	  	 	24	  
	 41.
	 	 ASSIGNMENT
	  	 	24	  
	 42.
	 	 ENTIRE AGREEMENT
	  	 	24	  
	 43.
	 	 FORCE MAJEURE
	  	 	24	  
	 44.
	 	 PROHIBITION AGAINST RECORDING
	  	 	24	  

Table of Contents

							
	 45.
	 	 EXCULPATION
	  	 	25	  
	 46.
	 	 CONFERENCE CENTER
	  	 	25	  
	 47.
	 	 SECURITY DEPOSIT
	  	 	25	  

  

			
	LIST OF EXHIBITS
		
	EXHIBIT A:	  	Demised Premises
		
	EXHIBIT B:	  	Additional Landlord Services and Maintenance Obligations
		
	EXHIBIT C:	  	Non-Renewal Premises
		
	EXHIBIT D:	  	Parking Rights
		
	EXHIBIT E-1:	  	Data Room
		
	EXHIBIT E-2:	  	Control Center
		
	EXHIBIT E-3:	  	Network Operations Center
		
	EXHIBIT F:	  	Form of Letter of Credit

Table of Contents

 LEASE AGREEMENT 

THIS LEASE AGREEMENT is made and entered into this
                    , 2012 [Note: Closing Date to be Inserted] (this “Lease”), by and between SL 4000 Connecticut
LLC, a Delaware limited liability company (“Landlord”) and Intelsat Global Service LLC, a Delaware limited liability company (“Tenant”). 

In consideration of the agreements hereinafter set forth, the parties hereto mutually agree as follows: 

 

	1.	DEMISED PREMISES 

Landlord hereby leases to Tenant, and Tenant hereby leases from Landlord, the rentable area of the Building (hereinafter defined) depicted
on Exhibit A attached hereto (the “Demised Premises”). Landlord and Tenant acknowledge that the rentable area of the Demised Premises is 350,237 rentable square feet and in no event shall either party have the right to
remeasure the rentable area of the Demised Premises. As used herein, the term “Building” shall mean the building located at 4000 Connecticut Avenue, NW (also known as 3400 International Drive, NW), Washington, DC 20008. Landlord
grants Tenant the non-exclusive right, together with other occupants of the Building and their agents, employees and invitees, to use the common areas of the Building, and Landlord shall maintain such common areas in accordance with the terms of
this Lease, including, without limitation, Exhibit B attached hereto. 
  

	2.	TERM 

 The “Lease
Commencement Date” shall be the first date set forth above, which shall be the date Landlord acquires all of Tenant’s right, title and interest in and to the Building. The term of this Lease (the “Term”) shall be for a
period beginning on the Lease Commencement Date and shall expire on                     , 2014 (i.e. the last day of the eighteenth (18th) full
calendar month following the Lease Commencement Date) (the “Scheduled Lease Expiration Date”), unless such Term is extended or earlier terminated in accordance with the terms hereof. The “Term” shall also include any
renewal or extension of the Term, if applicable. 
  

	3.	USE 

 Tenant shall use and
occupy the Demised Premises solely for its business purposes as currently conducted (the “Permitted Use”). Tenant will not knowingly use or occupy the Demised Premises for any unlawful, disorderly, or hazardous purpose, or in any
manner that constitutes waste, nuisance or unreasonable annoyance to Landlord or any tenant of the Building. Tenant shall comply, at its expense, in all material respects, with all applicable present and future laws, ordinances, regulations and
orders of all governmental authorities having jurisdiction over the Demised Premises; provided, however, in no event shall Landlord or Tenant have any obligation to make any changes, upgrades or other improvements to the Demised Premises in order to
comply with any present or future laws, ordinances, regulations or orders of any governmental authorities having jurisdiction over the Demised Premises, subject to Section 18 of this Lease. Use of the Demised Premises is subject to all
covenants, conditions and restrictions of record, provided that Landlord shall not voluntarily impose any future covenants, conditions 

Table of Contents

 
or restrictions of record that will prohibit Tenant’s use of the Demised Premises for the Permitted Use. As used herein, “International Center” shall have the same meaning
ascribed to it in the Underlying Lease (hereinafter defined). 
  

	4.	RENT 

 A. Beginning on the
Lease Commencement Date, Tenant covenants and agrees to pay as “Base Rent” for the Premises the following amounts set forth in this Section 4 and as otherwise provided in this Lease. “Additional Rent”
shall mean such costs, expenses, charges and other payments to be made by (or on behalf of) Tenant to Landlord (or to a third party if required under this Lease) pursuant to the terms of this Lease, whether or not the same be designated as such.
“Rent” or “rent” shall mean all Base Rent and Additional Rent due hereunder. 
 B. Commencing on the Lease
Commencement Date and thereafter during the Term Year, Tenant shall pay the annual Base Rent in the amount of Nine Million and 00/100 Dollars ($9,000,000.00) (the “Annual Base Rent”), subject to the provisions of this Lease. Annual
Base Rent shall be payable in equal monthly installments in the amount of Seven Hundred Fifty Thousand and 00/100 Dollars ($750,000.00) (the “Monthly Base Rent”), in advance, without set off, deduction or demand, on the first
(1st) day of each calendar month during the Term. The first (1st) monthly installment of Monthly Base Rent shall be due and payable by Tenant upon the Lease Commencement Date (including any Monthly Base Rent due for the partial month in
which the Lease Commencement Date occurs, if applicable). If the Lease Commencement Date shall be a day other than the first day of a calendar month, the Monthly Base Rent for such partial month shall be the prorated amount of the Monthly Base Rent,
which proration shall be based upon the actual number of days of such partial month. All payments of Monthly Base Rent shall be wired to the Landlord’s account, in accordance with wiring instructions provided by Landlord. Annual Base Rent and
Monthly Base Rent for the Renewal Period (hereinafter defined) shall be determined in accordance with Section 5 below. 
 C. In no event shall Tenant have any obligation to reimburse Landlord for any operating expenses or real estate taxes (including, without limitation, the taxes imposed pursuant to District of Columbia
Code § 47-1005.01, which is commonly referred to as the District of Columbia Possessory Interest Tax) that are incurred by Landlord during the Term, except as otherwise expressly set forth in this Lease. 

 

	5.	OPTION TO RENEW 

 A.
Provided that there does not then exist an outstanding, uncured monetary or material non-monetary Event of Default (as hereinafter defined), Tenant shall have and is hereby granted one option to renew or extend (the “Renewal
Option”) the Term for the Renewal Period (hereinafter defined). Subject to the provisions of this Section 5, the Renewal Option shall be exercisable by Tenant giving irrevocable written notice (the “Renewal
Notice”) to Landlord of the exercise of such Renewal Option at least four (4) months prior to the expiration of the Term; provided, however, that the Renewal Notice shall be delivered not less than six (6) months prior to the
expiration of the Term if Tenant elects a Renewal Period of seven (7) months or longer, time being of the essence with respect to Tenant’s delivery of the Renewal Notice. The Renewal

  
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Notice shall specify the length of the Renewal Period (not less than three (3) months and not to exceed twelve (12) months), which notice shall include the date of surrender of the
Demised Premises (the “Renewal Period”). 
 B. Except as otherwise set forth in Section 5.C. below,
all terms and conditions of this Lease shall remain in full force and effect during the Renewal Period; provided, however, during the Renewal Period, Tenant shall pay Annual Base Rent in the amount of Ten Million Five Hundred Thousand and 00/100
Dollars ($10,500,000.00) (the “Annual Base Rent”). Annual Base Rent shall be payable in equal monthly installments in the amount of Eight Hundred Seventy Five Thousand and 00/100 Dollars ($875,000.00) (the “Monthly Base
Rent”), and otherwise in accordance with Section 4 of this Lease. 
 C. Notwithstanding anything to the
contrary contained in this Lease, if Tenant exercises the Renewal Option in accordance with the provisions of this Section 5, Tenant shall surrender to Landlord approximately 40,000 rentable square feet of the Demised Premises, the
location of which shall be approximately the area depicted on Exhibit C attached hereto (the “Non-Renewal Premises”), on or before the Scheduled Lease Expiration Date. The Non-Renewal Premises shall be specified in the
Renewal Notice and shall be subject to Landlord’s approval, not to be unreasonably withheld, conditioned or delayed. From and after the Scheduled Lease Expiration Date, Landlord and Tenant shall each be released from any obligations or
liabilities arising under this Lease with respect to the Non-Renewal Premises, excepting those provisions that would naturally survive the expiration or earlier termination of this Lease. The costs of segregating the Non-Renewal Premises and the
remaining Demised Premises shall be paid one-half (1/2) by Landlord and one-half (1/2) by Tenant. 
  

	6.	PARKING 

 A. During the
Term, Landlord shall provide to Tenant for use by Tenant’s employees and invitees the parking spaces described in Exhibit D attached hereto, at no additional charge to Tenant. Notwithstanding the foregoing, during the Renewal Period, the
number of spaces allocated to Tenant shall be proportionately reduced to reflect the return of the Non-Renewal Premises. 
 B.
Tenant agrees that it and its employees shall observe reasonable safety precautions in the use of the parking garage, and shall at all times abide by all rules and regulations reasonably promulgated by Landlord or the parking operator governing the
use of the parking garage. Landlord reserves the right to establish rates and fees for the use of such parking areas for visitors and to establish and modify or amend reasonable rules and regulations governing the use of such parking
areas. Landlord shall have the right to revoke a user’s parking privileges in the event such user fails after two or more warnings to abide by the rules and regulations governing the use of such parking areas. Tenant shall be
prohibited from using such parking areas for purposes other than for parking registered vehicles. The storage or repair of vehicles in such parking areas shall be prohibited. 

C. Landlord reserves the right to institute a valet parking system or a magnetic card access system or any other parking or permit system
Landlord deems reasonably appropriate. 

  
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 D. Notwithstanding any other provision of this Lease, Landlord shall not be liable for any
damage or loss to any automobile (or property therein) parked in, on or about such parking areas, or for any injury sustained by any person in, on or about such areas, except to the extent caused by Landlord’s negligence or intentional
misconduct. 
  

	7.	CONDITION OF PREMISES 

Landlord shall deliver the Demised Premises to Tenant in its “as is” condition. Landlord is under no obligation to make any
improvements of any nature to the Demised Premises. Tenant acknowledges that it is completely familiar with the Demised Premises and legally permissible uses thereon. Accordingly, Tenant accepts possession of the Demised Premises in its “as
is” condition as of the Lease Commencement Date. Landlord makes no warranty or representation, express or implied, with respect to the Demised Premises, either as to its fitness for use, its design or condition, or any particular use or purpose
to which the Demised Premises may be fit, or otherwise, or as to the quality of the material or workmanship therein, or the existence of any defects, latent or patent, it being agreed that all such risks are borne by Tenant. 

 

	8.	MAINTENANCE 

 A. Subject
to Section 8.B below, Tenant shall keep the Demised Premises and the fixtures and equipment therein in clean, safe and good operating condition, ordinary wear and tear excepted, and shall at its sole cost and expense, promptly make all
repairs and perform all maintenance, in and to the Demised Premises that are necessary to keep the Demised Premises in good order and repair and in a safe and rentable condition, ordinary wear and tear excepted, but Tenant shall not be responsible
for maintenance items expressly assumed by Landlord under the terms of this Lease or maintaining the Demised Premises in a manner that is inconsistent with Tenant’s maintenance standards for the Demised Premises prior to the Effective Date. In
no event shall Landlord or Tenant have any obligation to make any changes, upgrades or other improvements to the Demised Premises in order to comply with any present or future laws, ordinances, regulations or orders of any governmental authorities
having jurisdiction over the Demised Premises, subject to Section 18 of this Lease. In the event Tenant fails to maintain the Demised Premises in good order, condition and repair, ordinary wear and tear excepted, Landlord may (but shall
not be obligated to) give Tenant notice to do such acts as are reasonably required to so maintain the Demised Premises. In the event that after such notice Tenant shall fail to promptly commence such work and diligently prosecute it to completion,
then Landlord shall have the right to do such acts and expend such funds at the expense of Tenant as are reasonably required to perform such work. Any amount so reasonably expended by Landlord shall be paid by Tenant, as Additional Rent, promptly
after demand with interest at the Default Interest Rate defined in Section 24 of this Lease. Landlord shall have no liability to Tenant for any damage, inconvenience, or interference with respect to Tenant’s use of the Demised
Premises as a result of performing any such work, unless caused by the negligence or willful misconduct of Landlord, its employees, agents or contractors. Maintenance and repair of special tenant areas, facilities, kitchen/galley/coffee equipment,
air-conditioning equipment servicing the Demised Premises only and all other furniture, finishes and equipment of Tenant and any Alterations (hereinafter defined) made by Tenant shall be the sole responsibility of Tenant. In the event that
Tenant requests that Landlord and/or its agents perform such work and Landlord agrees to do so, Tenant shall reimburse Landlord promptly for the actual cost of the same. 

  
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 B. Landlord shall repair and maintain (and replace as necessary, subject to the terms of
this Lease) the following in good order, condition and repair in a manner that is comparable to the Building’s current condition: (a) the base Building systems serving the Demised Premises; (b) the common areas of the Building
(including but not limited to the parking garage); (c) the foundations, and (d) exterior walls and roof of the Building. In addition, Landlord shall comply with the operational and maintenance standards and services set forth on Exhibit
B attached hereto. 
  

	9.	ALTERATIONS 

 Tenant will
not make or permit anyone to make any alterations, additions or improvements, structural or otherwise (hereinafter referred to as “Alterations”), in or to the Demised Premises or the Building, without the prior written consent of
Landlord, which consent may be granted or withheld in Landlord’s sole and absolute discretion. Notwithstanding the foregoing, provided that no Event of Default by Tenant exists beyond any applicable notice and cure period, Landlord shall not
unreasonably withhold its consent to any non-structural Alteration which Tenant may desire to make to the Demised Premises; provided, however, that Landlord shall retain sole and absolute discretion to withhold its consent to any Alteration, whether
structural or non-structural, which will, in the reasonable opinion of Landlord, exceed the capacity of, hinder the effectiveness of, interfere with, or be connected to the electrical, mechanical, heating, ventilating, air conditioning, or plumbing
systems of the Demised Premises or the Building or be visible from the exterior of the Demised Premises, or which would result in a violation of any governmental regulation or the Underlying Lease. Notwithstanding anything to the contrary contained
in this Lease, Tenant shall be permitted to conduct any Alterations Tenant reasonably deems necessary in connection with surrendering a portion of the Demised Premises pursuant to Sections 5 and 11 of this Lease, without the prior written
consent of Landlord. Any Alteration which Landlord permits Tenant to make shall be made: (a) in a good, workmanlike, first-class and prompt manner; (b) using new (or like-new), building standard materials only; (c) by a contractor and
in accordance with plans and specifications reasonably approved in writing by Landlord; (d) in accordance with legal requirements (including, without limitation, the obtaining of all necessary permits and licenses) and requirements of any
insurance company insuring the Building; (e) after obtaining a workmen’s compensation insurance policy meeting the requirements of this Lease; (f) promptly after completion of such Alteration, delivering to Landlord written,
unconditional waivers of mechanics’ and materialmen’s liens against the Demised Premises, Building and the land on which the Building is situated (the “Land”) from all proposed contractors, subcontractors, laborers and
material suppliers for all work and materials in connection with such Alteration; and (g) in compliance with such other reasonable requirements as Landlord might impose. All Alterations made or permitted to be made by Tenant shall be at
Tenant’s sole cost and expense. If any mechanic’s lien is filed against the Demised Premises, the Building, and/or the Land, for work or materials done for, or furnished to, Tenant (other than for work or materials supplied by Landlord),
such mechanic’s lien shall be discharged by Tenant within twenty (20) days thereafter, at Tenant’s sole cost and expense, by the payment thereof or by the filing of any bond required by law. If Tenant shall fail to discharge any such
mechanic’s lien, Landlord may, at its option, discharge the same and treat the cost thereof as Additional Rent hereunder, payable with the installment of Monthly Base Rent next becoming due. Landlord’s consent to the making of an
Alteration shall not be deemed to constitute Landlord’s consent to subject its interest in the Demised Premises, Building or the 

  
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Land to liens which may be filed in connection therewith. Tenant will indemnify and hold Landlord harmless from and against any and all actual expenses, liens, claims, or damages to person or
property which may or might arise by reason of the making of any Alterations. If any Alteration is made without the prior written consent of Landlord, Landlord may correct or remove same, and Tenant shall be liable for all actual costs and expenses
so incurred by Landlord. 
  

	10.	ENVIRONMENTAL 

 Neither
Tenant nor any invitee, agent, employee, subtenant, assignee, contractor, client, family member, licensee, customer or guest of Tenant (collectively “Invitee”) shall (either with or without negligence) generate, use, store, or cause
or permit the escape, disposal or release of any Hazardous Materials (hereinafter defined) in or about the Building or the Land or the International Center. Notwithstanding the foregoing, Tenant may bring such materials or substances into the
Demised Premises that Tenant customarily uses in connection with the Permitted Use, provided that such materials do not violate any governmental laws, rules or regulations. “Hazardous Materials” shall mean (a) those substances
included within the definitions of “hazardous substance,” “hazardous material,” “toxic substance,” or “solid waste” in the Comprehensive Environmental Response Compensation and Liability Act of 1980 (42 U.S.C.
§9601 et seq.) (“CERCLA”), as amended by Superfund Amendments and Reauthorization Act of 1986 (“SARA”), (b) the Resource Conservation and Recovery Act of 1976 (“RCRA”), (c) the Solid
Waste Disposal Act and the Hazardous Materials Transportation Act, (d) the Federal Water Pollution Control Act, 33 U.S.C. § 1251 et seq., (e) the Clean Air Act, 42 U.S.C. § 7401 et seq., the Toxic Substances Control Act, 15
U.S.C. § 2601 et seq., (f) the Safe Drinking Water Act, 42 U.S.C. § 300f et seq., (g) the Emergency Planning and Community Right-To-Know Act, 42 U.S.C. § 1101 et seq., (h) the Occupational Safety and Health Act, 29
U.S.C. § 651 et seq. and in the regulations promulgated pursuant to said laws, all as amended; (i) those substances listed in the United States Department of Transportation Table (49 CFR 172.101 and amendments thereto) or by the
Environmental Protection Agency (or any successor agency) as hazardous substances (40 CFR Part 302 and amendments thereto); (j) any material, waste or substance which is (A) petroleum; (B) asbestos; (C) polychlorinated
biphenyl; (D) designated as a “hazardous substance” pursuant to Section 311 of the Clean Water Act, 33 U.S.C. §1251 et seq. (33 U.S.C. §1321) or listed pursuant to Section 307 of the Clean Water Act (33 U.S.C.
§1317); (E) flammables or explosives; or (F) radioactive materials, and (K) any substance whose presence in Landlord’s reasonable judgment could be detrimental to the Building or the Land or the International Center or
hazardous to health or the environment. If any lender or governmental agency requires testing of the Demised Premises during the Term to ascertain whether or not there has been any release of Hazardous Materials, and it is determined that
Tenant is in violation of this Section 10, then the actual costs thereof shall be reimbursed by Tenant to Landlord within thirty (30) days of demand therefor as Additional Rent. In addition, Tenant shall execute affidavits,
representations and the like from time to time at Landlord’s reasonable request concerning Tenant’s best knowledge and belief regarding the presence of Hazardous Materials in the Demised Premises. In all events, Tenant shall indemnify
Landlord and its lenders in the manner elsewhere provided in this Lease from any release of Hazardous Materials in the Demised Premises occurring while Tenant is in possession of the Demised Premises, or elsewhere if caused by Tenant or persons
acting under Tenant. These covenants shall survive the expiration or earlier termination of the Term. 

  
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	11.	TERMINATION RIGHT 

 A.
Provided that there does not then exist an outstanding, uncured monetary or material non-monetary Event of Default, at any time after the earlier to occur of (a) the date which is five hundred forty (540) days following the Lease
Commencement Date, or (b) April 30, 2014, Tenant shall have the right to terminate this Lease upon sixty (60) days prior written notice to Landlord. In addition, at any time and from time to time during the Term, Tenant shall have the
right to terminate this Lease with respect to any Demised Premises Component (hereinafter defined) upon thirty (30) days prior written notice to Landlord with respect to such Demised Premises Component. As used herein, the term “Demised
Premises Component” shall mean any of the following portions of the Demised Premises: (i) the data room, containing approximately 7,895 rentable square feet depicted on Exhibit E-1 attached hereto (the “Data
Room”); (ii) the control center facility and support space, containing approximately 46,493 rentable square feet depicted on Exhibit E-2 attached hereto (the “Control Center”), (iii) the network operations
center, containing approximately 10,994 rentable square feet depicted on Exhibit E-3 attached hereto (the “Network Operations Center”), and (iv) up to 20,000 contiguous rentable square feet of the office portion of the
Demised Premises (i.e. the remaining area of the Demised Premises, other than the Data Room, the Control Center and the Network Operations Center). In the event Tenant terminates this Lease with respect to a Demised Premises Component, Tenant shall
be entitled to a pro rata reduction of the Monthly Base Rent (based on the rentable area of the Demised Premises Component). In the event of a termination of this Lease with respect to a Demised Premises Component, the costs of segregating the
Demised Premises Component and the remaining Demised Premises shall be the sole responsibility of Tenant. 
 B. Upon any
termination of this Lease pursuant to this Section 11, neither party shall have any further obligations under the Lease with respect to the portion of the Demised Premises that has been terminated, excepting those provisions which would
naturally survive the expiration or earlier termination of this Lease, from and after the effective date of such termination. Nothing contained in this Section 11 shall be deemed to waive any claims that Landlord may have against Tenant
for obligations accruing under the Lease prior to the effective date of any such termination. 
  

	12.	RESPONSIBILITY FOR DAMAGE TO DEMISED PREMISES 

 All injury or damage to the Demised Premises or the Building caused by the act or omission of Tenant or any Invitee, shall be repaired promptly by Tenant at Tenant’s sole cost and expense, and in no
event shall Landlord be liable for any such injury or damage caused by the act or omission of Tenant or any Invitee, except as otherwise set forth in Sections 18.C and 20 of this Lease. If Tenant shall fail to so repair, Landlord shall have
the right to make such repairs or replacements and any reasonable cost or expense so incurred by Landlord shall be paid by Tenant, in which event such reasonable cost and expense shall become Additional Rent due and payable with the installment of
Monthly Base Rent next becoming due under the terms of this Lease. All injury or damage to the Demised Premises or the Building caused by the act or omission of Landlord, or any of its agents, employees, contractors or invitees, shall be the
responsibility of Landlord and shall be repaired with due diligence and as soon as practicable, at Landlord’s sole cost and expense, and in no event shall Tenant be liable for any such injury or

  
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damage caused by the act or omission of Landlord or any of its agents, employees, contractors or invitees, except as otherwise set forth in Section 18.C. In no event shall Landlord be
required to repair or restore any Alteration made by Tenant. 
  

	13.	LIABILITY OF LANDLORD 

 A.
All personal property of Tenant and its Invitees in or about the Demised Premises shall be and remain at their sole risk. Landlord shall not be liable for any damage to or loss of such personal property arising from any act or omission of any
person, or from any cause other than any damage or loss resulting directly and solely from the negligence or willful misconduct of Landlord or any of its agents, employees, contractors or invitees. Landlord shall not be liable for any personal
injury, including death, to Tenant or any of its Invitees, arising from the use, occupancy or condition of the Demised Premises other than that arising directly and solely from the gross negligence or willful misconduct of Landlord or any of its
agents, employees, contractors or invitees. Landlord shall indemnify and hold harmless Tenant from and against any actual loss, damage, liability, claim, cost or expense (including reasonable attorneys’ fees) incurred by Tenant solely to the
extent caused directly by the negligence or willful misconduct of Landlord or any of its agents, employees, contractors or invitees. 
 B. Landlord, its employees and agents shall not be liable to Tenant, any invitee or any other person or entity for any damage (including indirect and consequential damage), injury, loss or claim
(including claims for the interruption of or loss to business) based on or arising out of any cause whatsoever (except as otherwise provided in this Section 13), including without limitation the following: repair to any portion of the
Demised Premises or the Building; interruption in the use of the Demised Premises or any equipment therein (except as otherwise provided in this Lease); any accident or damage resulting from any use or operation (by Landlord, Tenant or any other
person or entity) of elevators or heating, cooling, electrical, sewerage, or plumbing or mechanical equipment or apparatus; termination of this Lease by reason of damage to the Demised Premises or the Building; fire, robbery, theft, vandalism,
mysterious disappearance or any other casualty; actions of any other tenant of the Building or of any other person or entity; failure or inability to furnish any service specified in this Lease (except as otherwise provided in this Lease); and
leakage in any part of the Demised Premises or the Building from water, rain, ice, snow or other cause that may leak into, or flow from, any part of the Demised Premises or the Building or the Land, or from drains, pipes or plumbing fixtures in the
Demised Premises or the Building or the Land. 
  

	14.	SIGNS AND FURNISHINGS 

 A.
No sign, advertisement or notice shall be inscribed, painted, affixed or displayed by Tenant on any part of the outside or the inside of the Building except as approved in advance by Landlord in writing, and if any such sign, advertisement or notice
is exhibited, without Landlord’s approval, Landlord shall have the right to remove the same and Tenant shall be liable for any and all costs and expenses incurred by Landlord by said removal. Except by United States mail, Tenant shall not
distribute any advertisement or notices within the Building. Tenant shall not place a load upon any floor exceeding the floor load per square foot area which such floor was designed to carry, as set forth in the Building operational documents in
Landlord’s possession. Any and all damage or injury to the Demised Premises or the Building caused by 

  
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moving the property of Tenant into or out of the Demised Premises, or due to the same being on the Demised Premises, shall be repaired by and at the sole cost and expense of Tenant. Tenant agrees
to remove promptly from the sidewalks adjacent to the Building any of Tenant’s furniture, machinery, equipment or other property. 
 B. The parties agree that the existing signs, which are located on or about the Building on July 18, 2012, comply with the terms of this Lease, and Tenant shall be permitted to retain such signs in
their existing location throughout the Term. All of Tenant’s exterior Building signage shall be removed by Tenant, at Tenant’s sole cost and expense, upon expiration of the Term, and Tenant, at Tenant’s sole cost and expense, shall
repair any damage caused by such removal, ordinary wear and tear excepted. 
  

	15.	SERVICES AND UTILITIES 

A. Landlord shall provide the following facilities and services to Tenant without additional charge to Tenant (except as otherwise
provided herein), in accordance with the standards maintained by Tenant at the Building prior to the Effective Date: 
 (1) Landlord will provide restroom facilities and necessary lavatory supplies, including hot and cold running water, at those points of supply provided for general use of other tenants in the Building.

 (2) Landlord will provide heating, ventilation and air conditioning (HVAC) services Monday through Friday from
8:00 A.M. to 7:00 P.M., and Saturday from 9:00 A.M. to 1:00 P.M. (excepting federal holidays in which federal office buildings in Washington, D.C. are closed) on an all year round basis. 

(3) Landlord will provide hot and cold running water on a full-time twenty-four hour a day basis, subject to such
reasonable regulations as Landlord may impose. Landlord will maintain the building plumbing system, as well as the interior plumbing within the Demised Premises, in proper and efficient operating condition. In the event that a problem with the
building plumbing system or the interior plumbing within the Demised Premises is caused by an act or omission of Tenant, Landlord will correct such problem at Tenant’s sole cost and expense. 

(4) Landlord will provide electrical energy which Tenant requires in the Demised Premises for lighting purposes and for
operation of electrical, machinery and other property used in connection with the Permitted Use. 
 (5) Landlord
will provide after-hours HVAC services upon payment by Tenant of Landlord’s actual cost of providing such HVAC services for each hour (or a portion thereof) of after-hours usage (but in no event shall the hourly charge per pod exceed $50.00);
provided, that Tenant shall give notice to Landlord prior to 1:00 P.M. on the day such service is required in the case of after-hours service on weekdays, prior to 2:00 P.M. on the Friday preceding the day such service is required in the case of
after hours service on weekends, and prior to 1:00 P.M. on the last business day preceding the holiday on which such service is required in the case of after-hours service on a federal holiday. 

  
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 (6) Landlord will provide after hours Monday through Friday (excepting
federal holidays in which federal office buildings in Washington, D.C. are closed) maintenance and housekeeping services, including replacement of fluorescent bulbs, glass cleaning, dusting, sweeping, vacuuming, and removal of trash. 

(7) In addition, Landlord will provide the services set forth in Exhibit B attached hereto. In the event of any
inconsistency between the services to be provided by Landlord pursuant to Sections 15.A.(1)-(5) and the services to be provided pursuant to Exhibit B attached hereto, Exhibit B shall prevail. 

B. Except as otherwise set forth in this Section 15.B, any failure by Landlord to furnish the foregoing
services as a result of governmental restrictions, energy shortages or from any cause beyond the control of Landlord shall not render Landlord liable in any respect for damages to either person or property, or loss of Tenant’s business, nor be
construed as an eviction of Tenant, nor work as an abatement of rental, nor relieve Tenant from Tenant’s obligations hereunder. If the Building equipment should cease to function properly, Landlord shall use reasonable diligence to repair the
same to the extent Landlord is required to repair same pursuant to this Lease. If the services to be provided by Landlord described in this Section 15 are interrupted for a period of more than five (5) consecutive business days, and
such interruption renders more than twenty percent (20%) of the rentable area of the Demised Premises untenantable and Tenant actually ceases the use of such rentable area, then Tenant shall be entitled to a pro rata abatement of the Monthly
Base Rent (based on the portion of the Demised Premises rendered untenantable) for the period beginning on the sixth
(6th) consecutive business day that the foregoing
conditions exist and continuing until the restoration of such services to such portion of the Demised Premises. If the services to be provided by Landlord described in this Section 15 are interrupted for a period of more than thirty
(30) days, and such interruption renders more than twenty percent (20%) of the rentable area of the Demised Premises untenantable and Tenant actually ceases the use of such rentable area, then Tenant shall have the right to terminate this
Lease effective immediately upon written notice to Landlord, as Tenant’s sole remedy. 
  

	16.	ENTRY FOR HOUSEKEEPING, REPAIRS AND INSPECTIONS 

 Tenant will permit Landlord, or its representatives, to enter the Demised Premises, at all reasonable times and upon reasonable prior notice, without diminution of the rental payable by Tenant, to
examine, inspect, protect and maintain the same, to make such alterations and/or repairs as in the judgment of Landlord may be deemed reasonably necessary, to perform housekeeping chores, and, during the last three hundred sixty-five (365) days
of the Term, to exhibit the Demised Premises to prospective tenants, lenders and purchasers; provided however, it is understood and agreed that certain areas of the Demised Premises, as determined by Tenant in its sole and absolute discretion, may
not be shown to prospective tenants, lenders and purchasers. Landlord shall use commercially reasonable efforts to exercise its rights under this Section 16 in such manner as is required to minimize the disturbance or interruption of the
business of Tenant or of Tenant’s use, enjoyment and occupancy of the Demised Premises. Landlord shall coordinate any entry into the Demised Premises with a representative of Tenant designated in writing from time to time by Tenant (a
“Tenant Supervisor”) by giving oral notice to such Tenant Supervisor at least twenty-four (24) hours prior to any entry into the Demised 

  
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Premises by Landlord and Tenant shall be afforded the right to accompany Landlord when entering the Demised Premises; provided, however, Landlord shall not be required to coordinate entry into
the Demised Premises in the following circumstances: (i) for providing regularly scheduled cleaning services in accordance with this Lease, or (ii) in the event of an emergency within the Demised Premises or casualty to the Building.

  

	17.	TENANT’S EQUIPMENT 

Tenant will not install or operate in the Demised Premises any electrically operated equipment, except for equipment customarily used in
connection with the Permitted Use and other standard office equipment, and any special equipment approved in writing by Landlord, without first obtaining the prior written consent of Landlord, which shall not be unreasonably withheld, conditioned or
delayed. Tenant shall not install any other property of any kind or nature whatsoever which may necessitate any changes, replacements or additions to, or in the use of, the water, heating, plumbing, air conditioning, or electrical systems of the
Building without first obtaining the prior written consent of Landlord. 
  

	18.	INDEMNITY AND INSURANCE 

A. Tenant will indemnify and hold harmless Landlord from and against any actual loss, damage, liability, claim, cost or expense (including
reasonable attorneys’ fees) incurred by or claimed against Landlord occasioned by or resulting from any default of Tenant hereunder or the negligence or intentional misconduct of Tenant or any Invitee or arising from or in connection with
Tenant’s use or occupancy of the Demised Premises or which relates to the business of Tenant. Tenant shall obtain and maintain in effect at all times during the Term a policy or policies of commercial general liability insurance, naming
Landlord and any property management company and/or mortgagee of the Building as additional insureds, protecting Landlord, Tenant and any such mortgagee against any liability for bodily injury, death or property damage occurring upon, in or about
any part of the Building, the grounds, or the Demised Premises arising from any of the items set forth in this Section 18 against which Tenant is required to indemnify Landlord, with such policy or policies to include Premises/Operations
and Products and Completed Operations to the limit of not less than $2,000,000 each occurrence, $2,000,000 general aggregate, $2,000,000 products/completed operations aggregate and Comprehensive Automobile Liability Insurance with $1,000,000 each
occurrence for bodily injury liability/property damage. Auto insurance shall apply to all owned, non-owned, and hired automobiles. Tenant shall obtain and maintain property insurance coverage upon all tenant improvements and personal property
owned or leased by Tenant in an amount equal to full replacement cost and Business Income Insurance that will cover Tenant’s rent under this Lease for a period of six (6) months. Tenant shall also obtain and maintain in effect at all times
during the Term a policy or policies for Worker’s Compensation Insurance as required under applicable law and Employer’s Liability in the amount of $1,000,000. All insurance policies shall be issued by a carrier authorized to do business
in the District of Columbia and having an “A.M. Best” rating of A- VII or better. A certificate of insurance evidencing the issuance of such insurance policies shall be delivered to Landlord prior to the Lease Commencement Date. Each
insurance policy required to be carried hereunder by or on behalf of Tenant shall provide (and any certificate evidencing the existence of each insurance policy shall certify) that such insurance policy shall not be canceled unless Landlord shall
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notice. Neither the issuance of any insurance policy required under this Lease, nor the minimum limits specified herein with respect to Tenant’s insurance coverage, shall be deemed to limit
or restrict in any way Tenant’s liability arising under or out of this Lease. 
 B. Landlord shall procure and maintain in
full force and effect at all times during the Term hereof the following minimum insurance coverages: (1) all risk property insurance on the Building in amounts sufficient to prevent Landlord from becoming a co-insurer within the terms of the
applicable policies, and in any event in an amount equal to the full replacement cost of the Building (exclusive tenant improvements and alterations); and (2) commercial general liability insurance (with limits of not less than $2,000,000 each
occurrence and $2,000,000 general aggregate), which shall be in addition to, and not in lieu of, insurance required to be maintained by Tenant. 
 C. Notwithstanding anything to the contrary in this Lease, Landlord and Tenant each hereby waives any and all right to recover against the other (or against their respective officers, directors, trustees,
partners, joint venturers, employees or agents) for any loss or damage to such waiving party arising from any cause covered by any insurance required to be carried by such party pursuant to this Lease. Landlord and Tenant shall secure appropriate
waivers of subrogation from their respective insurance carriers; and each party will, upon request, deliver to the other a certificate evidencing such waiver of subrogation by the insurer. 

 

	19.	FIRE AND OTHER CASUALTY DAMAGE TO DEMISED PREMISES 

 A. If the Demised Premises shall be damaged by fire or other cause, Landlord shall as soon as reasonably practicable after such damage occurs (taking into account the time necessary to effectuate a
satisfactory settlement with any insurance company, removal of debris, preparation of plans and issuance of all required governmental permits) repair the Demised Premises to substantially the condition originally furnished by Landlord on the Lease
Commencement Date, at the sole cost and expense of Landlord, and the rental shall be reduced in proportion to the extent the Demised Premises are rendered untenantable until such repairs are completed. Landlord shall not be obligated to restore any
alterations, additions or improvements to the Demised Premises, it being expressly agreed and understood that Tenant shall carry insurance to cover such alterations, additions and improvements and Landlord shall not be required to insure such
alterations, additions and improvements under such insurance as Landlord may carry upon the Demised Premises. No compensation will be paid by Landlord by reason of inconvenience, annoyance, or injury to business arising from the necessity of
repairing the Demised Premises or any portion of the Building or the grounds. 
 B. If the Demised Premises shall be damaged by
fire or other casualty and, in the reasonable judgment of Landlord’s architect, restoration is not feasible within ninety (90) days following such casualty, Landlord and Tenant shall each have the right to terminate this Lease by
delivering written notice thereof to Landlord within thirty (30) days after the date of such casualty, in which event this Lease and the tenancy hereunder shall terminate as of the date of such notice. 

  
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	20.	DEFAULT OF TENANT 

 A. If
(a) Tenant shall fail to pay any installment of Monthly Base Rent or fail to timely make any other payment required by the terms and provisions hereof and such failure to pay shall continue for more than seven (7) business days after
written notice thereof to Tenant by Landlord; or (b) Tenant shall violate or fail to perform any of the other terms, conditions, provisions, covenants or agreements herein made by Tenant, and if such violation or failure shall continue for a
period of thirty (30) days after written notice thereof to Tenant by Landlord, provided, however, that if the nature of such violation or failure is not reasonably capable of being cured within such thirty (30) day period, then the period
in which Tenant may cure such failure shall be extended to a total of up to one hundred twenty (120) days, provided Tenant promptly commences the cure of such violation or failure within the initial thirty (30) day period and thereafter
continually and diligently pursues the cure of such violation or failure; or (c) an Event of Bankruptcy (as specified in Section 20.D below) shall occur; or (d) Tenant’s dissolution or liquidation shall occur; or
(e) any subletting, assignment, transfer, mortgage or other encumbrance of the Demised Premises or this Lease not permitted by Section 34, then and in any of said events (each such event, following expiration of the applicable
notice and cure period is referred to as an “Event of Default”), Landlord shall have the right, at its election, then or at any time thereafter while such Event of Default shall continue, either: 

(1) To give Tenant written notice of its intent to terminate this Lease on the date of such notice or on any later date
specified therein, and on the date specified in such notice Tenant’s right to possession of the Demised Premises shall cease and this Lease shall thereupon be terminated; or 

(2) Subject to all applicable laws, with or without terminating this Lease, to reenter and take possession of the Demised
Premises, or any part thereof, and repossess the same as of Landlord’s former estate and expel Tenant and those claiming through or under Tenant and remove the effects of both or either, by summary proceedings, or by action at law or in equity
or by force (if necessary) or otherwise, without being deemed guilty of any manner of trespass and without prejudice to any remedies for arrears of rental or breach of covenant. 

If this Lease is terminated or Landlord recovers possession of the Premises before the expiration of the Term by reason of Event of
Default by Tenant in accordance with this Section 20, Landlord shall take all reasonable steps to relet the Premises for such rent and upon such terms as are not unreasonable under the circumstances. 

B. If Landlord terminates this Lease pursuant to this Section 20, Tenant shall remain liable (in addition to accrued
liabilities) for (i) the rental and all other sums provided for in this Lease which would have been due and payable to Landlord had such termination not occurred, or any and all reasonable costs and expenses incurred by Landlord in reentering
the Demised Premises, repossessing the same, making good any Event of Default of Tenant, reletting the same (including any and all reasonable attorney’s fees and disbursements and brokerage fees incurred in so doing), and any and all reasonable
costs and expenses which Landlord may incur during the occupancy of any new tenant or subtenant; less (ii) the net proceeds of any reletting prior to the date when this Lease would have expired if it had not been terminated. Tenant

  
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agrees to pay to Landlord the difference between items (i) and (ii) to the foregoing sentence with respect to each month during the Term, at the end of such month. Any suit, action or
proceeding brought by Landlord to enforce collection of such difference for any one month shall not prejudice Landlord’s right to enforce the collection of any difference for any subsequent month. Landlord shall use commercially reasonable
efforts to relet the whole or any part of the Demised Premises for the whole of the unexpired Term, or longer, or from time to time for shorter periods, on commercially reasonable terms, giving such concessions of rental and making such special
repairs, alterations, improvements, additions, decorations and paintings for any new tenant as Landlord, in its sole and absolute discretion, may deem advisable. If Landlord terminates this Lease pursuant to this Section 20, Landlord
shall have the right, at any time, at its option, to require Tenant to pay to Landlord, on demand, as liquidated and agreed final damages in lieu of Tenant’s liability for damages hereunder, the rental and all other charges which would have
been payable from the date of such demand to the date when this Lease would have expired if it had not been terminated, minus the fair rental value of the Demised Premises for the same Upon payment of such liquidated and agreed final damages, Tenant
shall be released from all further liability under this Lease with respect to the period after the date of such demand. For purposes of this Section 20, the term rental shall include fixed monthly rental, additional rental and all other
charges to be paid by Tenant under this Lease. All rights and remedies of Landlord under this Lease shall be cumulative and shall not be exclusive of any other rights and remedies provided to Landlord under applicable law. Landlord’s exercise
of any such right or remedy shall not prevent the concurrent or subsequent exercise of any other right or remedy. Landlord’s delay or failure to exercise or enforce any of Landlord’s rights or remedies or Tenant’s obligations shall
not constitute a waiver of any such rights, remedies or obligations. In no event shall Tenant have any liability under this Lease for any other indirect losses or consequential damages. 

C. In the event of any action or proceeding brought by either party against the other under this Lease, the prevailing party shall be
entitled to recover from the other party the fees of its attorneys in such action or proceeding in such amount as the court may judge to be reasonable for such attorneys’ fees. 

D. An Event of Bankruptcy is: (a) Tenant’s becoming insolvent, as that term is defined in Title 11 of the United States
Code (the “Bankruptcy Code”), or under the insolvency laws of any state (the “Insolvency Laws”); (b) appointment of a receiver or custodian for any property of Tenant, or the institution of a foreclosure or
attachment action upon any property of Tenant; (c) filing of a voluntary petition by Tenant under the provisions of the Bankruptcy Code or Insolvency Laws; (d) filing of an involuntary petition against Tenant as the subject debtor under
the Bankruptcy Code or Insolvency Laws, which either (1) is not dismissed within ninety (90) days after filing, or (2) results in the issuance of an order for relief against the debtor; (e) Tenant’s making or consenting to
an assignment for the benefit of creditors or a composition of creditors; (f) a material and adverse change in the financial condition or status of Tenant; or (g) an admission by Tenant of its inability to pay debts as they become due.

 E. Upon occurrence of an Event of Bankruptcy, Landlord shall have all rights and remedies available pursuant to this
Section 20; provided, however, that while a case (the “Case”) in which Tenant is the subject debtor under the Bankruptcy Code is pending, Landlord’s right to 

  
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terminate this Lease shall be subject, to the extent required by the Bankruptcy Code, to any rights of Tenant or its trustee in bankruptcy (collectively, “Trustee”) to assume or
assign this Lease pursuant to the Bankruptcy Code. Trustee shall not have the right to assume or assign this Lease unless Trustee promptly (a) cures all Event of Defaults under this Lease, (b) compensates Landlord for all damages incurred
as a result of such Event of Defaults, (c) provides adequate assurance of future performance on the part of Tenant as debtor in possession or Tenant’s assignee, and (d) complies with all other requirements of the Bankruptcy Code. If
Trustee fails to assume or assign this Lease in accordance with the requirements of the Bankruptcy Code within sixty (60) days after the initiation of the Case, then Trustee shall be deemed to have rejected this Lease. Adequate assurance of
future performance shall require that, at a minimum, all of the following minimum criteria be met: (1) Tenant’s gross income (as defined by generally accepted accounting principles) during the thirty (30) days preceding the filing of
the Case must be greater than ten (10) times the next installment of Monthly Base Rent; (2) Both the average and median of Tenant’s monthly gross income (as defined by generally accepted accounting principles) during the seven
(7) months preceding the filing of the Case must be greater than ten (10) times the next installment of the Monthly Base Rent; (3) Trustee must pay its estimated pro rata share of the cost of all services performed or provided by
Landlord (whether directly or through agents or contractors and whether or not previously included as part of the Base Rent) in advance of the performance or provision of such services; (4) Trustee must agree that Tenant’s business shall
be conducted in a first-class manner, and that no liquidating sale, auction or other non-first-class business operation shall be conducted in the Demised Premises; (5) Trustee must agree that the use of the Demised Premises as stated in this
Lease shall remain unchanged and that no prohibited use shall be permitted; (6) Trustee must agree that the assumption or assignment of this Lease shall not violate or affect the rights of other tenants in the Building and the International
Center; (7) Trustee must pay at the time the next monthly installment of the Base Rent is due, in addition to such installment, an amount equal to the installments of Monthly Base Rent due for the next six (6) months thereafter, such
amount to be held as a security deposit; (8) Trustee must agree to pay, at any time Landlord draws on such security deposit, the amount necessary to restore such security deposit to its original amount; and (9) All assurances of future
performance specified in the Bankruptcy Code must be provided. 
  

	21.	WAIVER 

 If under the
provisions hereof Landlord shall institute proceedings and a compromise or settlement thereof shall be made, the same shall not constitute a waiver of any covenant herein contained nor of any Landlord’s rights hereunder. Landlord shall not be
deemed to have waived any Event of Default unless such waiver expressly is set forth in an instrument signed by Landlord. No waiver by Landlord of any breach of any term, covenant, provision, condition or agreement herein contained shall operate as
a waiver of such term, covenant, provision, condition, or agreement itself, or of any subsequent breach thereof. No payment by Tenant or receipt by Landlord of a lesser amount than the stipulated installments of Base Rent or Additional Rent shall be
deemed to be other than on account of the earliest stipulated Base Rent or Additional Rent, respectively, nor shall any endorsement or statement on any check or letter accompanying a check for payment of rental or any other amounts owed to Landlord
be deemed an accord and satisfaction and Landlord may accept such check or payment without prejudice to Landlord’s right to recover the balance of such rental or other amount owed or to pursue any other remedy provided in this Lease. No reentry
by Landlord, and no acceptance by Landlord of keys from Tenant, shall be considered an acceptance of a surrender of this Lease. 

  
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	22.	ATTORNMENT 

 A. This Lease
is subject and subordinate to the lien, provisions, operation and effect of the ground lease, the first mortgage, deed of trust, or other security instrument which may now or hereafter encumber the Building or the Land, to all funds and indebtedness
intended to be secured thereby, and to all renewals, extensions, modifications, recastings or refinancings thereof. The ground lessor and the holder of any deed of trust to which this Lease is subordinate shall have the right at any time to declare
this Lease to be superior to the lien, provisions, operation and effect of such ground lease or deed of trust and Tenant shall execute, acknowledge and deliver all confirming documents required by such holder. In the event of (a) a transfer of
Landlord’s interest in the land or Building, (b) the termination of any ground or underlying lease of the land or Building, or (c) the purchase of the Building or Landlord’s interest therein at a foreclosure sale or by deed in
lieu of foreclosure under any first mortgage or pursuant to a power of sale contained in any first mortgage, then in any of such events Tenant, at the request of the Transferee, shall attorn to and recognize the transferee or purchaser of
Landlord’s interest or the lessor under the terminated ground or underlying lease, as the case may be, as Landlord under this Lease for the balance of the then remainder of the term, and thereafter this Lease shall continue as a direct lease
between such person, as Landlord, and Tenant, and such lessor, transferee or purchaser shall not be liable for any act or omission of Landlord prior to such person’s succession to title, nor be subject to any offset, defense or counterclaim,
accruing prior to such lease termination or prior to such person’s succession to title, nor be bound by any amendment of this Lease made without the consent of the ground lessor or the holder of any deed of trust existing as of the date of such
amendment, nor be bound by any payment of fixed monthly rental or additional rental prior to such lease termination or prior to such person’s succession to title for more than one (1) month in advance. Tenant agrees that, within five
(5) days after written request therefor, it will, from time to time, execute and deliver any instrument or other document required by any mortgagee, transferee, purchaser or other interested person to confirm such attornment and/or such
obligation to attorn. If Tenant fails to execute same within ten (10) days after request therefor, and such failure continues for a period of five (5) days following a second notice thereof from Landlord, Tenant appoints Landlord as
Tenant’s attorney-in-fact to execute any such document for Tenant if Tenant fails to execute same within ten (10) days after request therefor. Tenant waives the provisions of any statute or rule of law now or hereafter in effect which may
give or purport to give Tenant any right to terminate or otherwise adversely affect this Lease or Tenant’s obligations in the event any such foreclosure proceeding is prosecuted or completed or in the event the Land, the Building or
Landlord’s interest therein is sold at a foreclosure sale or by deed in lieu of foreclosure. 
 B. Notwithstanding the
provisions of Section 22.A above, it shall be a condition to the subordination of this Lease to any deed of trust that encumbers the Demised Premises that Landlord shall have delivered to Tenant a subordination, non-disturbance and
attornment agreement, executed and acknowledged by the holder of such deed of trust, as lender, in favor of Tenant, in a commercially reasonable form approved by Tenant, which approval shall not be unreasonably withheld, conditioned or delayed.

  
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	23.	CONDEMNATION 

 If the
whole or a substantial part of the Demised Premises shall be taken or condemned by any governmental authority for any public or quasi-public use or purpose, then the Term shall cease and terminate as of the date when title vests in such governmental
authority, and the rental shall be abated on such date. If less than a substantial part of the Demised Premises is taken or condemned by any governmental authority for any public or quasi-public use or purpose, the rental shall be equitably adjusted
on the date when title vests in such governmental authority and this Lease shall otherwise continue in full force and effect. For purposes hereof, a substantial part of the Demised Premises shall be considered to have been taken if fifteen percent
(15%) or more of the Demised Premises are unusable by Tenant. In the case of any such taking or condemnation, whether or not involving the whole or a substantial part of the Demised Premises, Tenant shall have no claim against Landlord or the
condemning authority for any portion of the amount that may be awarded as damages as a result of such taking or condemnation or for the value of any unexpired Term, and Tenant hereby assigns to Landlord all its right, title and interest in and to
any such award; provided, however, that Tenant may assert any claim that it may have against the condemning authority for compensation for any trade fixtures, equipment and machinery owned by Tenant and for any relocation expenses compensable by
statute, and receive such award therefor as may be allowed in the condemnation proceeding if such award shall be made in addition to and stated separately from the award made for the land and the Building or the part thereof so taken, and will in no
way reduce the potential award to Landlord. Notwithstanding anything herein to the contrary, if any portion of the Land or the Building is condemned, and the nature, location or extent of such condemnation is such that Landlord elects, in its sole
and absolute discretion, to demolish the Building, then, so long as Landlord terminates all other leases in the Building for tenants similarly situated to Tenant, Landlord may terminate this Lease by giving sixty (60) days prior written notice
of such termination to Tenant so long as Landlord delivers such notice within sixty (60) days after such condemnation in which event this Lease shall terminate on the date specified in such notice and rent shall be adjusted to such date.

  

	24.	RIGHT OF LANDLORD TO CURE TENANT’S DEFAULT; LATE PAYMENTS 

 If Tenant defaults in the making of any payment or in the doing of any act herein required to be made or done by Tenant, then after ten (10) business days’ notice from Landlord, Landlord may,
but shall not be required to, make such payment or do such act, and the actual amount of the cost and expense thereof, if made or done by Landlord, with interest thereon at the Default Interest Rate (hereafter defined) from the date paid by
Landlord, shall be paid by Tenant to Landlord and shall constitute Additional Rent hereunder due and payable with the next installment of Monthly Base Rent; but the making of such payment or the doing of such act by Landlord shall not operate to
cure such default or to stop Landlord from the pursuit of any remedy to which Landlord would otherwise be entitled. If Tenant fails to pay any installment of rental on or within five (5) business days after the day when such installment is due
and payable, such unpaid installment shall bear interest at the rate of the Default Interest Rate from the date which is five (5) days after the date when such installment became due and payable to the date of payment thereof by Tenant. In
addition, Tenant shall pay to Landlord, as a “late charge,” four percent (4%) of any payment herein required to be made by Tenant which is more than ten (10) days late to cover the costs of collecting amounts past due. Such
interest and late charge shall constitute Additional Rent hereunder due and payable with the next installment of Monthly Base 

  
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Rent. Notwithstanding the foregoing, Landlord agrees to waive such late charge and interest on one (1) occasion in any calendar year so long as Tenant remits payment of such past due Rent in
full to Landlord within five (5) business days after written notice from Landlord that such Rent is past due. For purposes hereof, the Default Interest Rate shall refer to the prime rate on corporate loans quoted in the Wall Street Journal (the
“Prime Rate”) plus two percent (2%). 
  

	25.	NO PARTNERSHIP 

 Nothing
contained in this Lease shall be deemed or construed to create a partnership or joint venture of or between Landlord and Tenant or to create any other relationship between the parties hereto other than that of Landlord and Tenant and in no event
shall Tenant be deemed to be an agent of Landlord in connection with this Lease. 
  

	26.	NO REPRESENTATIONS BY LANDLORD 

 Neither Landlord nor any agent, employee or representative of Landlord has made any representations or promises with respect to the Demised Premises or the Building except as herein expressly set forth,
and no rights, privileges, easements or licenses are granted to Tenant except as herein set forth. 
  

	27.	BROKERS 

 Landlord and
Tenant each represent and warrant to the other that no broker or agent has been employed or engaged by either Landlord or Tenant in carrying on any negotiations relating to this Lease, other than CBRE, Inc., on behalf of Tenant
(“Tenant’s Broker”). Landlord shall have no liability for the payment of any commission to Tenant’s Broker. 
  

	28.	NOTICES 

 All notices or
other communications hereunder shall be in writing and shall be deemed duly given if delivered in person or sent by recognized overnight mail, certified or registered mail, return receipt requested, first class, postage prepaid, 

 

	 	(i)	if to Landlord, at: 

 c/o 601 W
Companies 
 601 W. 26th Street, Suite 1275 
 New York, NY 10001 
 Attention: Mark Karasick 

with a copy to: 

Gerstein Strauss & Rinaldi LLP 
 57 West 38th Street, Ninth Floor 
 New York, NY 10018 

Attention: Victor Gerstein 

  
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 and to: 
 Levy Holm Pellegrino & Drath LLP 
 950 Third Avenue, Suite 3101

 New York, NY 10022 
 Attention: Steven I. Holm 
  

	 	(ii)	if to Tenant, at: 

 Intelsat
Global Service LLC 
 3400 International Drive, NW 
 Washington, DC 20008 
 Attn: Director Corporate Services 

with a copy to: 

Intelsat Global Service LLC 
 3400 International Drive, NW 
 Washington, DC 20008 

Attn: General Counsel 
 and to: 
 DLA Piper LLP (US) 

500 Eighth Street, NW 
 Washington, DC 20004 
 Attn: Frederick L. Klein 

Either party may change its address for the giving of notices by notice given in accordance with this Section 28. 

 

	29.	ESTOPPEL CERTIFICATES 

 A.
Tenant agrees, at any time and from time to time, upon not less than ten (10) business days prior written notice by Landlord, to execute, acknowledge and deliver to Landlord a statement in writing (i) certifying that this Lease has been
unmodified since its execution and is in full force and effect (or if there have been modifications, that this Lease is in full force and effect, as modified, and stating the modifications), (ii) stating the dates, if any, to which the Base
Rent and Additional Rent hereunder have been paid by Tenant, (iii) stating whether or not to the knowledge of Tenant, there are then existing any Events of Default under this Lease (and, if so, specifying the same), (iv) stating the
address to which notices to Tenant should be sent, (v) that Tenant has accepted the Demised Premises and all work, if any, has been completed (or specifying the incomplete work), and (vi) such other matters as Landlord may reasonably
request. Any such statement delivered pursuant hereto may be relied upon by Landlord or any prospective purchaser, mortgagee of the land and/or Building or any part thereof or estate therein, or any mezzanine lender. 

  
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 B. Landlord agrees, at any time and from time to time, upon not less than ten
(10) business days prior written notice by Landlord, to execute, acknowledge and deliver to Tenant a statement in writing (i) certifying that this Lease has been unmodified since its execution and is in full force and effect (or if there
have been modifications, that this Lease is in full force and effect, as modified, and stating the modifications), (ii) stating the dates, if any, to which the Base Rent and Additional Rent hereunder have been paid by Tenant, (iii) stating
whether or not to the knowledge of Landlord, there are then existing any Events of Default under this Lease (and, if so, specifying the same), (iv) stating the address to which notices to Landlord should be sent, and (v) such other matters
as Tenant may reasonably request. Any such statement delivered pursuant hereto may be relied upon by Tenant or any prospective purchaser or lender of Tenant. 
  

	30.	COVENANTS OF LANDLORD 

 A.
Landlord covenants that it has the right to make this Lease, and that so long as no Event of Default by Tenant exists beyond any applicable notice and cure period, Tenant shall, during the Term, freely, peaceably and quietly occupy and enjoy
possession of the Demised Premises without molestation or hindrance by Landlord or any party claiming through or under Landlord. In the event of any sale or transfer of Landlord’s interest in the Demised Premises, Landlord shall be freed and
relieved of all covenants and obligations of Landlord hereunder accruing after the date of such sale or transfer. 
 B. Landlord
reserves the right to: (a) grant to anyone the exclusive right to conduct any particular business in the Building or the International Center not inconsistent with the Permitted Use; (b) install and display signs, advertisements and
notices on any part of the exterior or interior of the Building, provided, however, that Landlord may not install signage on the exterior of the Building identifying any other tenant prior to the expiration or earlier termination of the Lease,
except that Landlord shall be permitted to provide one tenant of the Building signage at the Tilden Street entrance to the Building; (c) install such access control systems and devices as Landlord deems appropriate so long as the Demised
Premises remain accessible; (d) create easements over the Land and in the entrances, aisles and stairways of any parking areas for utilities, telephone lines, sanitary sewer, storm sewer, water lines, pipes, conduits, drainage ditches,
sidewalks, pathways, emergency vehicles, and ingress and egress for the use and benefit of others, without Tenant joining in the execution thereof and the Lease shall automatically be subject and subordinate thereto so long as Tenant’s use and
occupancy of the Demised Premises is not adversely affected and so long as the Demised Premises remains accessible; and (e) alter the site plan, landscaping, walkways and common areas outside the Building within the context of general site
improvements, repairs and maintenance. In exercising any rights pursuant to this Section 30, (1) Landlord shall use commercially reasonable efforts to minimize disruption to Tenant’s business operations, (2) Tenant shall
have access to the Demised Premises and the parking areas, without material diminution of Tenant’s parking allocation, (3) the common areas shall remain in keeping with the Building’s current standards, and (4) any installations
within the Demised Premises shall be above ceilings or behind walls, and upon completion Landlord shall repair any damage to the Demised Premises with the same finishes. 

  
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	31.	SURRENDER OF DEMISED PREMISES 

 Upon the expiration or termination of the Term, including pursuant to Section 5 and 11 of this Lease, Tenant shall quit and surrender to Landlord the Demised Premises (or applicable portion
thereof), in the condition existing as of the Lease Commencement Date, ordinary wear and tear and acts of God excepted, and Landlord shall have the right to reenter and resume possession of the Demised Premises (or applicable portion thereof);
provided, however, nothing in this Section 31 shall be construed to impair Tenant’s rights in its personal property, and its trade fixtures, machinery and equipment. Tenant shall have the right, but not the obligation, to remove any
and of its personal property, trade fixtures, machinery and equipment at any time during, or upon the expiration of, the Term. Landlord hereby waives any statutory or other lien rights Landlord may have with respect to Tenant’s personal
property. The Demised Premises shall be returned in broom clean condition with all Alterations undertaken after the Lease Commencement Date removed; provided, however, upon Tenant’s written request made at the time Tenant requests
Landlord’s approval of any Alterations, Landlord agrees to notify Tenant in writing which Alterations, if any, Tenant shall not be required to remove at the end of the Term and Tenant shall not be required to remove those Alterations which
Landlord has so stated will not need to be removed at the end of the Term. 
  

	32.	HOLDING OVER 

 If Tenant
(or anyone claiming through Tenant) does not immediately surrender the Demised Premises or any portion thereof upon the expiration or earlier termination of the Term in the condition required by Section 31 of this Lease, then the rent
shall be increased to one hundred fifty percent (150%) of the Monthly Base Rent payable during the last month of the Term for the first ninety (90) days of such holdover, and thereafter two hundred percent (200%) of the Monthly Base
Rent payable during the last month of the Term. Such rent shall be computed by Landlord on a per diem basis. Notwithstanding any other provision of this Lease, Landlord’s acceptance of such rent shall not in any manner adversely affect
Landlord’s other rights and remedies, including Landlord’s right to evict Tenant and to recover all damages; provided, however, that Tenant shall not be liable for consequential damages. Any holdover shall be deemed to be a
tenancy-at-sufferance and not a tenancy-at-will or tenancy from month-to-month. In no event shall any holdover be deemed a permitted extension or renewal of the Term, and nothing contained herein shall be construed to constitute Landlord’s
consent to any holdover or to give Tenant any right with respect thereto. 
  

	33.	UNDERLYING LEASE 

 Tenant
acknowledges that it has been advised of that certain Amended and Restated Lease Agreement between the Government of the United States, as Lessor and Landlord, as Lessee, dated June 18, 2010, as the same may be further amended, modified or
supplemented from time to time, the “Underlying Lease.” Notwithstanding anything to the contrary set forth in this Lease, Tenant agrees that it will not intentionally do or cause to be done anything which would constitute a breach
of obligations of Landlord as Lessee under said Underlying Lease. Landlord shall notify Tenant in writing of any future amendments thereto, which would reasonably be considered to affect Tenant’s obligations under this Section 33.

  
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	34.	ASSIGNMENT AND SUBLETTING 

A. Tenant may not assign, transfer, mortgage or encumber this Lease, nor sublet the Demised Premises, or any part thereof, nor shall any
assignment or transfer of this Lease be effectuated by operation of law or otherwise, without first obtaining any required jurisdictional approvals (including, but not limited to, the U.S. Department of State) and the prior written consent of
Landlord (whose consent shall not be unreasonably withheld, conditioned or delayed). Any attempted assignment, transfer, mortgage, encumbrance or subletting without such consent shall be wholly void and shall confer no rights upon any third parties.
The consent of Landlord to any assignment, transfer, or subletting to any third party shall not be construed as a waiver or release of Tenant from the terms of any covenant or obligation under this Lease, nor shall the collection or acceptance of
rental from any such assignee, transferee, subtenant or occupant constitute a waiver or release of Tenant of any covenant or obligation contained in this Lease, nor shall any assignment, transfer or subletting be construed to relieve Tenant from
obtaining the consent in writing of Landlord to any further assignment or subletting. During the pendency of an existing, outstanding Event of Default hereunder, Tenant hereby assigns to Landlord the rental due from any subtenant of Tenant and
hereby authorizes each such subtenant to pay said rental directly to Landlord. Except with respect to a subletting or assignment permitted pursuant to Section 34.B below, Tenant shall reimburse Landlord for its reasonable attorneys’
fees and expenses incurred in reviewing any requested consent whether or not such consent is granted. 
 B. Notwithstanding the
above restrictions on subletting and assignments, Landlord’s prior consent shall not be required for any assignment or subletting to an Affiliate of Tenant (as defined below), a Parent of Tenant (as defined below) or the International
Telecommunications Satellite Organization, provided (1) that such assignee or subtenant agrees in writing to be bound by the terms and conditions of this Lease and to assume all of the obligations and liabilities of Tenant under this Lease,
(2) that such assignee or subtenant shall use the Demised Premises for the Permitted Use, and (3) that Tenant provides Landlord with written notice of such assignment or sublease no later ten (10) days prior to the effective date of
such assignment or sublease. For purposes of this Section 34.B, an “Affiliate of Tenant” shall mean any corporation, professional corporation, limited liability company, limited liability partnership, association, trust
or partnership (1) that Controls (as herein defined) Tenant, (2) that is under the Control of Tenant, through stock ownership or otherwise, (3) that is under common Control with Tenant, or (4) which results from the merger or
consolidation with Tenant, or acquires all or substantially all of the assets of and interest in Tenant. For the purposes hereof, a “Parent of Tenant” shall mean any corporation, limited liability company, association, trust, or
partnership (A) that Controls Tenant, or (B) that owns more than fifty percent (50%) of the issued and outstanding voting securities of Tenant. The terms “Control” or “Controls” as used in this
Section 34.B shall mean the power to directly or indirectly influence the direction, management, or policies of Tenant or such other entity. 
 C. Any permitted sublease, assignment or other transfer of occupancy of all or any part of the Demised Premises must contain a waiver of claims against Landlord by the subtenant, assignee or other
transferee identical to the waivers given by Tenant hereunder, and, further, must require the subtenant, assignee or transferee’s insurer to issue waiver of subrogation rights endorsements to all policies of insurance carried in connection with
the Demised Premises or the contents thereof. All waivers shall be in form and substance reasonably acceptable to Landlord. 

  
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 D. If it is established by a court or body having final jurisdiction that Landlord has been
unreasonable in withholding its consent to any subletting of the Demised Premises or assignment or other transfer of this Lease, the sole effect of such finding shall be that Landlord shall be deemed to have given its consent or approval, but
Landlord shall not be liable to Tenant in any respect for money damages or expenses incurred by Tenant by reason of Landlord having withheld its consent. 
  

	35.	CONSENTS, COMPLIANCE WITH EXECUTIVE ORDER, ETC. 

 Tenant represents and warrants that prior to executing this Lease it has obtained all necessary consents and approvals that Tenant is required to obtain in connection with signing this
Lease. Landlord represents and warrants that prior to executing this Lease it has obtained all necessary consents and approvals that Landlord is required to obtain in connection with signing this Lease. Landlord and Tenant each hereby
represents and warrants to the other its compliance with all applicable laws, including, without limitation, the anti-money laundering laws, USA Patriot Act, and the laws administered by the United States Treasury Department’s Office of Foreign
Assets Control, including, without limitation, Executive Order 13224 (“Executive Order”). Landlord and Tenant each further represent and warrant (i) that it is not, and it is not owned or controlled directly or indirectly
by any person or entity, on the SDN List published by the United States Treasury Department’s Office of Foreign Assets Control and (ii) that it is not a person otherwise identified by government or legal authority as a person with whom a
U.S. Person is prohibited from transacting business. As of the date hereof, a list of such designations and the text of the Executive Order are published under the internet website address
www.ustreas.gov/offices/enforcement/ofac.
  

	36.	GENDER/HEADINGS 

 Feminine
or neuter pronouns shall be substituted for those of the masculine form, and the plural shall be substituted for the singular, in any place or places herein in which the context may require such substitution. Headings are used for convenience and
shall not be considered when construing this Lease. 
  

	37.	BENEFIT AND BURDEN 

 The
provisions of this Lease shall be binding upon and inure to the benefit of the parties hereto and each of their permitted successors and assigns. Landlord may freely and fully assign its interest or delegate its obligations hereunder. 

 

	38.	GOVERNING LAW 

 It is the
intention of the parties hereto that this Lease (and the terms, conditions, provisions and covenants hereof) shall be construed and enforced in accordance with the laws of the District of Columbia. Landlord and Tenant each hereby waives any
objection to the venue of any action filed by either party in any court situated in the District of Columbia and each party further waives any right, claim or power, under the doctrine of forum non conveniens or otherwise, to transfer any such
action filed by any party to any other court. 

  
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	39.	WAIVER OF TRIAL BY JURY 

Each party hereby waives all right to trial by jury in any claim, action, proceeding or counterclaim by either party against the other on
any matters arising out of or in any way connected with this Lease, the relationship of the parties, Tenant’s use or occupancy of the Demised Premises and/or any claim of injury or damage. 

 

	40.	CERTIFICATION OF THE PARTIES 

 The parties affixing their signature hereafter do certify that all conditions necessary to the valid execution and delivery of this Lease on their part have been complied with and that all things
necessary to constitute this Lease as a valid, binding and legal agreement on the terms and conditions and for the purposes set forth herein have been done and performed, and that the execution and delivery of this Lease on their part have been
authorized in accordance with their respective laws. 
  

	41.	ASSIGNMENT 

 Should
Landlord sell, transfer or assign this Lease (other than a conditional assignment as security for a loan), then Landlord, as transferor, shall be relieved of any and all obligations on the part of Landlord accruing under this Lease from and after
the date of such transfer and Landlord’s successor in interest shall be deemed to have assumed such obligations from and after such date. Written notice of any such transfer shall be given to Tenant. 

 

	42.	ENTIRE AGREEMENT 

 This
Lease, including all exhibits, schedules and addenda attached hereto, constitutes the entire agreement of the parties hereto, and supersedes all prior representations, inducements, or agreements, oral or otherwise, between the parties with respect
to the subject matter hereof. No addition to, deletion of or deviation from the provisions of this Lease shall be binding unless in writing and duly signed by the party against whom the same is sought to be enforced. 

 

	43.	FORCE MAJEURE 

 If either
party is in any way delayed or prevented from performing any obligation hereunder (other than as set forth below) due to fire, act of God, act of terror or terrorism, governmental act or failure to act, labor dispute, inability to procure materials
or any cause beyond such party’s reasonable control (whether similar or dissimilar to the foregoing events) (each, a “Force Majeure”), then the time for performance of such obligation shall be excused for the period of such
delay or prevention and extended for the time necessary to compensate for the period of such delay or prevention, provided that nothing in this Section 43 shall affect (i) the time frames for Tenant’s monetary obligations under
this Lease, or (ii) Tenant’s obligation to comply with the cure periods set forth in Section 20 hereof. 
  

	44.	PROHIBITION AGAINST RECORDING 

 Neither this Lease, nor any memorandum, affidavit or other writing with respect thereto, shall be recorded by Tenant or by anyone acting through, under or on behalf of Tenant, and the recording thereof in
violation of this provision shall make this Lease null and void at Landlord’s election. 

  
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	45.	EXCULPATION 

 No direct or
indirect partner, member or shareholder of Landlord or Tenant (or any officer, director, agent, member, manager, personal representative, trustee or employee of any such direct or indirect partner, member or shareholder) shall be personally liable
for the performance of the obligations of, or in respect of any claims against, Landlord or Tenant arising under this Agreement. No personal judgment shall be sought or obtained against any of the foregoing in connection with this Lease. 

 

	46.	CONFERENCE CENTER 

 In the
event that any other tenant of the Building has rights to the conference center located in the Demised Premises pursuant to such tenant’s lease as of the Effective Date, Tenant agrees to provide such tenant access to such conference center, as
required under such tenant’s lease, in order to permit Landlord to honor its obligations under such lease (subject to the terms of Exhibit B attached hereto); provided, however, Tenant shall not be liable to Landlord for any damage,
injury, loss or claim based on or arising out of any other tenant’s use of the conference center, and, to the extent such tenant is liable to Landlord for such damage, injury or loss pursuant to such tenant’s lease, Landlord shall
indemnify and hold harmless Tenant from and against any loss, damage, liability, claim, cost or expense (including reasonable attorneys’ fees) incurred by or claimed against Tenant based on or arising out of any other tenant’s use of the
conference center. 
  

	47.	SECURITY DEPOSIT 

 A. Upon
the Lease Commencement Date, Tenant shall deliver to Landlord a security deposit in the amount of Two Million Two Hundred Fifty Thousand Dollars ($2,250,000.00) (the “Security Deposit”) to be held by Landlord during the Term as
collateral security (and not prepaid rent), for the payment of Annual Base Rent and Additional Rent and for the faithful performance by Tenant of all other covenants, conditions and agreements of this Lease. Landlord shall not be obligated to hold
the Security Deposit in a separate account. Landlord shall not be required to pay any interest on the Security Deposit. If an Event of Default occurs hereunder, then Landlord, at its option, may apply all or part of the Security Deposit to
compensate Landlord for the payment of Annual Base Rent or Additional Rent, or any loss or damage sustained by Landlord as a result of an Event of Default to the extent permitted by this Lease. Tenant shall restore the Security Deposit to the
original sum deposited immediately upon Landlord’s demand, subject to Section 47.C. below. Landlord shall return the Security Deposit to Tenant (except to the extent of any portion of the Security Deposit which has been applied by
Landlord and not restored by Tenant) within thirty (30) days after the expiration or earlier termination of this Lease. 

B. The Security Deposit shall be in the form of an evergreen, irrevocable letter of credit in the amount of the Security Deposit (the
“Letter of Credit”) issued by Bank of America Merrill Lynch (the “Initial Bank”). Tenant shall from time to time have the right to replace such 

  
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Letter of Credit with a new Letter of Credit issued by a Replacement Bank (hereinafter defined) in the same amount and upon the same terms. As used herein, the term “Replacement
Bank” shall mean any of the following: (i) JPMorgan Chase & Co., (ii) Citigroup, Inc, (iii) Wells Fargo & Company, and (iv) any other bank reasonably acceptable to Landlord that has a
Standard & Poor’s commercial paper rating of at least A-1. As used herein, the term “Bank” shall mean the current issuer of the Letter of Credit. The form of Letter of Credit shall be substantially similar to the form
attached hereto as Exhibit F or on such other form customarily used by the Bank so long as such form is materially consistent with the form attached hereto as Exhibit F. If an Event of Default occurs, the Letter of Credit (and any
replacement thereof) may be drawn upon by Landlord under the terms and conditions provided in this Section 47. 
 C.
Provided no Event of Default shall have occurred and remain uncured, on the first anniversary of the Lease Commencement Date, the Security Deposit shall be reduced by Seven Hundred Fifty Thousand Dollars ($750,000.00). Provided no Event of Default
shall have occurred and remain uncured, Landlord shall instruct the Bank that the Letter of Credit may be reduced by $750,000.00. In no event shall the Letter of Credit be reduced to less than $1,500,000.00. 

[Remainder of page intentionally left blank.] 

  
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 IN WITNESS WHEREOF, on the day and year first hereinabove written, the undersigned have
executed this Lease Agreement. 
  

			
	LANDLORD:
	
	SL 4000 CONNECTICUT LLC,
a Delaware limited liability company
		
	By:	 	  

	Name:	 	  

	Title:	 	  

	
	TENANT:
	
	INTELSAT GLOBAL SERVICE LLC,
a Delaware limited liability company
		
	By:	 	  

	Name:	 	  

	Title:	 	  

  
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