Document:

Exhibit 10.11 to Viper Powersports Inc. Form 10-KSB for fiscal year ended December 31, 2005

Exhibit 10.11 

[LOGO]    US EURO
Consulting, Inc. 

January 27, 2006 

Mr. John Lai

Viper Powersports, Inc.

5733 International Parkway

New Hope, Minnesota 55428 

RE:   Financial Services Consulting Agreement

Dear Mr. Lai: 

This Agreement sets forth our mutual understanding regarding the
establishment of an exclusive Financial Services Consulting relationship between Viper Powersports, Inc. (the “Company”)
and US EURO Consulting, Inc., a Delaware corporation (“US EURO Consulting” or “Consultant”). The Company
desires to promote its business model to the investment community and to build the value of the Company for the benefit of its
respective Shareholders. The Consultant is involved in corporate finance, corporate strategy and planning, and Company recognizes
the substantial experience and knowledge of the Consultant in matters relating to corporate structure and capital resources;
Company further recognizes that it is in the best interest of the Company to engage the services of the Consultant; Company
desires to retain the valuable services and counsel of the Consultant, and the Consultant desires to render such services to the
Company upon the terms set forth in this Agreement: 

	1.  	Engagement.   The
Company hereby hires US EURO Consulting as the Company’s corporate finance consultant to assist the Company. In
connection with any such engagement, US EURO Consulting will use its best efforts to perform such services as are outlined on
the attached Exhibit A and what other services may be necessary and mutually added to said exhibit from time to time. 

	2.  	Term:   The
term of this Agreement shall commence as of the effective date of the proposed offering and continue for a period of eighteen
(18) months. This Agreement may be canceled by the Company as provided herein. In the event of early cancellation by Company
the stock issued would remain vested with Consultant, however the retainer would terminate.  

	3.  	Compensation:   See
attached Exhibit B.  

	4.  	Expenses:   Upon
receipt of requests from the Consultant for payment or reimbursement, the Company shall advance or reimburse the Consultant for
all reasonable and necessary expenses the Consultant incurs, in performing its duties in connection with this Agreement. 

	5.  	Independent Contractor:   The
relationship created hereunder is that of the Consultant acting as an independent contractor. It is expressly acknowledged and
agreed that the Consultant  

Page 2 of 6 

	  	shall have no authority to, and shall not, bind the Company to any
agreement or obligation with any third party. 

	6.  	Termination:   This
Agreement is terminable by thirty (30) days’ notice, on the sixth month anniversary of this agreement, and subsequently by thirty
(30) days’ notice, beginning twelve (12) months from the date hereof, by written notice from either party. Address for notice:
 

	Viper Powersports, Inc.	 	 	US EURO Consulting, Inc.	 	 
	5733 International Parkway	 	 	275 Madison Ave, 6th Floor	 	 
	New Hope, Minnesota 55428	 	 	New York, NY 10016	 	 
	Attention John Lai, President	 	 	Attention Michael Fugler, Chairman	 	 

	7.  	Registration Rights:   The
Company shall grant customary demand and piggyback registration rights for any shares directly granted or received through the
exercise of any option or warrant, by the Consultant pursuant to the terms of this agreement or any subsequent agreement between
Company and the Consultant. All costs of registration shall be solely the responsibility of the Company.  

	8.  	Miscellaneous Provisions:  

	a.  	  	Governing Law:   This
Agreement shall be governed by, interpreted and enforced in accordance with the Laws of the State of Delaware.  

	b.  	  	Waiver:   The waiver by any
party hereto of a breach of any provision of this Agreement shall not operate as a waiver of any other breach of any provision of
this Agreement by any party.  

	c.  	  	Entire Agreement:   This
instrument contains the entire Agreement of the parties concerning engagement and may not be changed or modified except by written
agreement duly executed by the parties hereto.  

	d.  	  	Successors and Assigns:   This
Agreement shall inure to the benefit of and be binding upon the parties hereto and their respective successors, heirs, personal
representatives and assigns.  

	e.  	  	Confidentiality:   Except
as may otherwise be required by law, the provisions of this Agreement shall remain strictly confidential.  

	f.  	  	Additional Documents:   The
Company agrees to execute such other documents and agreements to effectuate the purposes of this Agreement, as the Consultant may
request from time to time. 

	g.  	  	Assignments:   The
obligation of the parties under this Agreement shall not be assigned without the written consent of the parties. Notwithstanding
any provision of this Agreement to the contrary, however, the Consultant shall be entitled to provide that any funds payable or
stock issuable to it, pursuant to the Agreement, shall instead be paid or issued to its designee.  

	h.  	  	Counterparts:   This
Agreement may be executed in counterparts, and all counterparts will be considered as part of one agreement binding on all parties
to this Agreement.  

	i.  	  	Facsimile Signatures:   The
parties may execute this Agreement by facsimile, which signature[s] shall be deemed as an original and shall be binding upon such
party.  

	j.  	  	Severability:   If any term,
condition or provision of this Agreement or the application thereof to any party of circumstance shall, at any time or to any
extent, be invalid or unenforceable, the remainder of this Agreement, or the application of such term, condition or provision to
parties or circumstances other than those as to which it is held  

Page 3 of 6 

	  	invalid or unenforceable, shall not be affected thereby, and each
term, condition and provision of their Agreement shall be valid and enforceable to the fullest extent permitted by law. 

	k.  	  	Disputes and
Controversies:   In the event that a dispute arises under this Agreement it is expressly agreed and contracted
between the parties that the venue for resolution of the dispute shall lay in New York or Los Angeles or as agreed by the parties.
Any controversy or claim arising out of or relating to this Agreement, or breach thereof, may be resolved by mutual agreement; or
if not, shall be settled in accordance with the commercial arbitration rules of the Consumer-Business Arbitration Association. Any
decision issued therefrom shall be binding upon the parties and shall be enforceable as a judgment in any court of competent
jurisdiction. The prevailing party in such arbitration or other proceeding shall be entitled, in addition to such other relief as
may be granted, to a reasonable sum as and for attorney’s fees in such arbitration or other proceeding, which may be
determined by the arbitrator or other officer in such proceeding. If collection is required for any payment not made when due, the
creditor shall collect statutory interest and the cost of collection, including attorney’s fees whether or not court action
is required for enforcement.  

	l.  	  	Board of Directors:   Except
as expressly provided otherwise in this Agreement, reference to the actions, determinations or similar occurrences by the Company
shall mean the action, decisions or determination of its Board of Directors.  

	m.  	  	Authority:   The Company
hereby represents and warrants that the person executing this Agreement on its behalf is duly authorized to do so, that the
execution of this Agreement must be duly approved by the Board of Directors of the Company, and that this Agreement is binding
upon the Company.  

	n.  	  	Indemnity:   The Company
agrees to indemnify and hold Consultant and its associates harmless from and against all losses, claims, damages, liabilities,
costs or expenses arising out of entering into or performing services under this Agreement, unless it is judicially determined by
the arbitration procedure identified herein that Consultant has committed an act or acts of gross negligence or willful
misconduct.  

	o.  	  	Consultant
Authority:   Consultant shall have no authority under this Agreement to bind the Company to any transaction or
contract. The Company has the right in its sole and absolute discretion to reject any transaction or contract regardless of the
terms proposed.  

	p.  	  	Third Party
Providers:   Company acknowledges that third party NASD broker dealers may be involved in any transactions in
which they are required because of regulatory requirements. Company agrees to pay market rates as a transaction fee for all
funding received by Company. Each type funding will require separate negotiations and approval by Company as to the fee. Persons
working for or with US EURO Consulting may also be affiliated with broker dealers and may earn and accept fees pursuant to this
paragraph. A memo will be produced in advance for Company to which it must agree outlining market rate fees.  

	q.  	  	Industry
Opportunities:   Because Consultant plans to contact its sources within the industry for funding sources and
project development, it is contemplated opportunities will result. The provisions in this Agreement concerning market rate fees
shall be applicable to such opportunities for the benefit of Consultant.  

Page 4 of 6 

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

	US EURO Consulting, Inc.  		Viper Powersports, Inc.  
	 
	By    	/s/   Michael Fugler 
	    	By   	/s/   John Lai 

	    	Michael Fugler 	    	   	John Lai, President 

Page 5 of 6 

EXHIBIT A

CONSULTANT DUTIES 

During the term of this Agreement, the Consultant will provide consulting
services to the Company as requested. In each case, the Consultant will exercise its best efforts to accomplish the goals
established by the Company, all with the objective of accomplishing the business and financial goals of the Company. These
services will be performed on a best efforts basis and will include, without limitation the following: 

	1.  	  	Meet with officers or directors of the Company upon
reasonable notice to consult on any financial matters or any items related to any issue of financing, and corporate governance,
including assistance in establishing an independent, compliant Board of Directors. 

	2.  	  	Advise on internal capital structuring.

	3.  	  	Review proposals and advise the Company with respect
to such proposals on corporate and capitalization structure, public and private financings and presentations concerning the
Company to entities interested in the financial development of the Company. 

	4.  	  	In addition, US EURO Consulting shall be ready to
assist in mergers, acquisitions, and advising on the placement of new debt and equity issues, all with the objective of
accomplishing the business and financial goals of the Company. 

	5.  	  	Company acknowledges by execution and return of this
agreement there is an irrevocable obligation on its part to complete its current reverse merger and thereafter to take such action
as may be required to qualify the Company’s common stock for inclusion in or listing on the NASDAQ Stock Market, Inc.’s
National Market System (“NMS”), or other mutually acceptable market such as the American Stock Exchange
(“ASE”) or the New York Stock Exchange (“NYSE”) and remain so qualified and listed, which may include but is
not limited to: 

	(a)  	  	Support the efforts of Consultant to assist in the
raise of funds and acquire assets on terms reasonably acceptable to the Company that will qualify the Company for the minimum
listing requirements within 12-18 months of the date of this letter. 

	6.  	  	Act as Sponsor for Company at future Investment
Conferences such as NIBA (National Investment Banking Association), as well as similar investment banking conferences.

	7.  	  	Make recommendations and assist in planning roadshow
activities including the US, Europe and Asia. 

	8.  	  	Review and assist in developing corporate financial
presentations. 

Page 6 of 6 

EXHIBIT B

COMPENSATION 

Upon the execution of this agreement, the Company will issue at the direction
of US EURO Consulting the following: 

	a)  	  	In addition, the Company shall pay a monthly
consulting fee during the term of this agreement of $7,500 per month on the 1stof each month. 

	b)  	  	Consultant or its designee shall be entitled to
certain market rate fees for any capital formation activities structured by Consultant, or performed by Consultant or its
affiliates on behalf of the Company, from any source, including all sources introduced to Company by Consultant or its affiliates,
during the term of this agreement and for a period of two years following the termination of this agreement. The minimum fee to
Consultant shall be three percent in cash and two percent in equity or options of the gross amount of any transaction raised.Exhibit 10.12 to Viper Powersports Inc. Form 10-KSB for fiscal year ended December 31, 2005

Exhibit 10.12 

LEASE AGREEMENT 

        This Lease Agreement (the
“Lease”) is made and entered into this 3rd day of February, 2006, by and between Big Lake Partners LLC
(the “Lessor”), and Viper Powersports Inc. (the “Tenant”). 

W I T N E S S E T H: 

        In consideration of the
mutual covenants hereinafter set forth, Lessor hereby leases to Tenant, and Tenant leases from Lessor, the premises hereinafter
described, for the period, at the rental, and upon the terms and conditions hereinafter set forth: 

	(1)  	  	Premises.  

	  	Lessor hereby leases to Tenant and Tenant leases from Lessor, the
premises outlined and further described on Exhibit “A” (the “Premises”) located in the
building at 19950 177th Street NW, Big Lake, Minnesota 55309 (the “Building”). The Building is situated on the
property legally described on Exhibit “B” (the “Property”). The Premises shall be deemed to
consist of approximately 35,990 square feet, and are located within and constitute a part of the Building. For the purposes of
this Lease, the determination of the number of square feet in the Premises has been made by measuring from the exterior face of
exterior walls, and from the midline or centerpoint of interior or party walls. Included in the Premises is Tenant’s pro rata
share of the mechanical room that consists of 451 square feet. Tenant’s “Pro Rata Share,” as that phrase is
used elsewhere in this Lease, shall be a fraction expressed as a percentage, the numerator of which is the number of square feet
in the Premises and the denominator of which is the number of square feet in the Building. Therefore, the Tenant’s Pro Rata
Share shall be 90.2%, subject to change over the Term should the Building size increase or decrease. 

	(2)  	  	Lease Term.  

	  	A.  	  	Duration:  

	  	The term of this Lease (the “Term”) shall be for
a period of five (5) years, commencing as set forth below and terminating on the termination date. 

	  	B.  	  	Commencement Date:  

	  	The Term shall commence on March 1, 2006 (the
“Commencement Date”); provided, however, that if the Lessor’s Improvements (defined below) have not been
substantially completed by Lessor on or before said date, then the Commencement Date shall be the earlier of the following:

	  	  	(1)  	  	Five (5) days after the date Lessor notifies Tenant in writing
that the Lessor’s Work has been substantially completed; or, 

	  	  	(2) 	  	Upon the date Tenant actually commences doing business in, upon or
from the Premises. 

	  	It is expressly agreed that in any such case of delayed delivery
of possession, this Lease will not be void or voidable, nor shall Lessor be liable to Tenant for any loss or damage resulting
therefrom, nor shall the designated termination date be in any way extended, but in that event, all Rent shall be abated until the
designation of the Commencement Date pursuant to subsections (1) or (2). 

	  	C.  	  	Confirmation of Commencement Date and Adjustment of Term: 

	  	If the Commencement Date has been determined as set forth in
subsections (1) or (2) above, the parties shall execute a written memorandum expressly confirming said Commencement Date, and such
memorandum shall thereupon be deemed attached hereto, incorporated herein, and by this reference made a part of this Lease.

	  	If the Commencement Date is other than the first day of a calendar
month, this Lease shall continue in full force and effect for a period of five (5) years, commencing on the first day of the
month following the Commencement Date. 

	(3)  	  	Permitted Use.  

	  	The Premises shall be used by Tenant solely for the following
purpose: 

	  	Manufacture and assembly of motorcycles and related items, and
office space used in conjunction therewith. 

	  	Tenant shall not use nor permit the use of the Premises, or any
portion thereof, for any other purpose or purposes whatsoever without first obtaining Lessor’s written consent
thereto.

	(4)  	  	Condition of Premises.  

	  	Tenant has had an opportunity to inspect the Premises and the
currently existing leasehold improvements contained therein. Tenant accepts the Premises “as is” in their present
condition subject only to Lessor’s obligation to complete the improvements (the “Lessor’s
Improvements”) designated as such on the attached Exhibit “C” on or before the Commencement Date.
Lessor shall not be obligated to construct or furnish any improvements or leasehold improvement allowance to Tenant except the
Lessor’s Improvements. 

	  	Tenant shall be obligated to provide the improvements (the
“Tenant’s Improvements”) designated as such on the attached Exhibit “C.” Unless
expressly agreed by the parties, all of Tenant’s Improvements shall become the property of Lessor when completed and remain
on the Premises upon the termination of this Lease. 

2 

	(5)  	  	Rent.  

	  	Tenant covenants to pay to Lessor, without demand and without
offset or deduction the following rental: 

	  	A.  	  	Minimum Rent:  

	  	A fixed minimum rent (the “Minimum Rent”)
established and payable in accordance with the following schedule: 

	  	$15,895.58 per month. 

	  	The Minimum Rent shall be payable in advance on the first day of
each and every calendar month during the Term. Minimum Rent for a fractional calendar month shall be prorated. 

	  	B.  	  	Additional Rent:  

	  	Tenant’s obligation to pay additional rent (the
“Additional Rent”), as herein specified, shall commence as of March 1, 2006. Except as otherwise specifically
stated, Additional Rent shall be paid by Tenant within 10 days of Lessor’s request therefor. Additional Rent shall
include all other sums that Tenant is obligated to pay pursuant to any term or provision of this Lease. Annual Additional Rent for
2006 is estimated to be $3.13 per square foot. 

	  	C.  	  	Late Charge:  

	  	If any Rent or other sums payable hereunder by Tenant are not paid
within five (5) days after the due date thereof, Tenant shall pay to Lessor a late charge equal to five percent (5%) of the amount
of such delinquent payment. This late charge shall be in addition to any other charges, including interest, which may be provided
for elsewhere herein. Nothing in this section shall be deemed a waiver of any of Lessor’s other rights in the event of a
default by Tenant. 

	  	D.  	  	Payment:  

	  	All rents and other monies required to be paid by Tenant pursuant
to the terms of this Lease shall be paid to Lessor without deduction or offset, prior notice or demand, in lawful money of the
United States of America at 4190 Vinewood Lane North #111-563, Plymouth, Minnesota 55442-1735, or at such other place as Lessor
may from time to time designate in writing. 

	  	No payment by Tenant or receipt by Lessor of a lesser amount than
the Rent then actually due shall be deemed to be other than on account of the earliest Rent then owed, nor shall any endorsement
or statement on any check or letter 

3 

	  	accompanying any check or payment as rent be deemed an accord and
satisfaction, and Lessor may accept such check or payment without prejudice to Lessor’s right to recover the balance of such
Rent or pursue any remedy provided for in this Lease or at law. 

	  	The Minimum Rent and Additional Rent are sometimes referred to as
“Rent.” A payment in the amount of $25,282.98 is due upon execution of this lease and will be applied to the
first month’s rent. 

	(6)  	  	Option to Renew.  

	  	Tenant shall have the option to extend the Term for one additional
five (5) year period (the “Option Period”). In order to exercise this option, Tenant shall give written notice to
Lessor of its intent to so exercise no later than six (6) months prior to expiration of the Term. 

	  	The word “Term” as used in this Lease shall be
deemed to include the Option Period and all terms and provisions contained in this Lease shall be applicable to the Option Period.

	  	Rent during the Option Period shall be equal to market rents as
determined by Lessor. In the event Tenant is interested in exercising the option, Tenant may inquire of Lessor seven
(7) months prior to the termination of the Lease, and within ten (10) days after inquiry, Lessor shall advise Tenant as
to the rent to be charged during the Option Period. 

	(7)  	  	Notices.  

	  	A.  	  	Notices to be in Writing:  

	  	Any and all notices and demands by or from Lessor to Tenant, or
from Tenant to Lessor, required or desired to be given hereunder shall be in writing and shall be validly given or made if served
either personally or if deposited in the United States mail, certified or registered, postage prepaid, return receipt requested.
If such notice or demand be served personally, service shall be conclusively deemed made at the time of such personal service. If
such notice or demand be served by registered or certified mail in the manner herein provided, service shall be conclusively
deemed made forty-eight (48) hours after the deposit thereof in the United States mail addressed to the party to whom such notice
or demand is to be given as hereinafter set forth. 

	  	B.  	  	Notices to Lessor:  

	  	Any notice or demand to Lessor shall be addressed to Lessor at the
address to which Rent payments are then to be made, or such other address as Lessor may designate in writing. 

4 

	  	C.  	  	Notices to Tenant:  

	  	Any notice or demand to Tenant shall be addressed to Tenant at the
Premises. 

	  	D.  	  	Change of Address:  

	  	Any party hereto may change its address for the purpose of
receiving notices or demands as herein provided by a written notice given in the manner aforesaid to the other party hereto. Such
notice of change of address shall not become effective, however, until the actual receipt thereof by the other party. 

	(8)  	  	Possession, Occupancy and Surrender.  

	  	A.  	  	Date of Possession:  

	  	Tenant shall be entitled to enter into and occupy the Premises for
the purpose of completing Tenant’s Work, and for conducting Tenant’s business, from and after the Commencement Date.

	  	In the event that Lessor permits Tenant to occupy the Premises
prior to the Commencement Date, such occupancy shall be subject to all of the provisions of this Lease, provided that the Term
shall be otherwise unaffected. 

	  	B.  	  	Surrender of Premises:  

	  	Upon the expiration or sooner termination of the Term and if
Tenant has fully and faithfully performed all of the terms, conditions and covenants of this Lease to be performed by Tenant, but
not otherwise, Tenant shall, at its sole cost and expense, remove from the Premises its interior and exterior signs and all of its
movable trade fixtures and equipment, and other items Tenant has installed or placed on the Premises which have not become the
property of Lessor pursuant to Section 4 (all of which are hereinafter referred to as “Tenant’s Property”).
Tenant shall repair all damage thereto resulting from such removal and Tenant shall thereupon surrender the Premises in the same
condition as they were on the Commencement Date, reasonable wear and tear, damage by unavoidable casualty, and items expressly
allowed by Lessor, excepted. If Tenant has not fully and faithfully performed all of the terms, conditions and covenants of this
Lease to be performed by Tenant, Tenant shall nevertheless remove Tenant’s Property from the Premises in the manner aforesaid
within fifteen (15) days after receipt of written direction to do so from Lessor, but shall otherwise leave Tenant’s
Property on the Premises. In the event Tenant shall fail to remove any of Tenant’s Property as provided herein, Lessor may,
but is not obligated to, at Tenant’s expense, remove all or part of Tenant’s Property not so removed and repair all
damage to the Premises resulting from such removal and may, but is not obligated to, at Tenant’s expense store the same in
any public or private warehouse, and Lessor 

5 

	  	shall have no liability to Tenant for any loss or damage to
Tenant’s Property or floor coverings caused by or resulting from such removal or otherwise. 

	  	C.  	  	Abandonment:  

	  	Tenant shall not abandon or vacate the Premises at any time during
the Term. If Tenant shall abandon, vacate or otherwise surrender the Premises, or be dispossessed thereof by process of law or
otherwise, the same shall constitute a default under this Lease on the part of Tenant and, in addition to any other remedy
available to Lessor, any of Tenant’s Property left in, upon or about the Premises shall be deemed to be abandoned and shall
become the property of Lessor. 

	(9)  	  	Common Areas.  

	  	A.  	  	Common Areas Defined:  

	  	The term “Common Areas” as used in this Lease
shall be deemed to include all those areas within the Property for the non-exclusive use of Tenant in common with other authorized
users, and shall include, but not be limited to, vehicular parking areas, service areas, driveways, and areas of ingress and
egress. Anything herein contained to the contrary notwithstanding, it is understood and agrees that the Common Areas shall not in
any event be deemed to be a portion of or included within the Premises. 

	  	B.  	  	Use of Common Areas:  

	  	Subject to the provisions of this Lease, Lessor hereby grants to
Tenant, its subtenants, licensees, concessionaires, suppliers, business invitees, customers, agents, representatives and
employees, but only during the Term, the non-exclusive right, in common with others duly authorized by Lessor, to use the Common
Areas and the various portions thereof, respectively, for the uses and purposes designated therefor by Lessor. It shall be the
duty of Tenant to keep said Common Areas free and clear of any obstructions, barricades or barriers placed or created by Tenant or
resulting from Tenant’s operations or use of the Premises. 

	(10) 	  	Use and Maintenance of Premises and Property by
Tenant. 

	  	A.  	  	Rules and Regulations:  

	  	Tenant shall at all times during the Term, at its sole cost and
expense: 

	  	  	(1)  	  	Furnish, install and maintain in the Premises all of Tenant’s
Property necessary for the operation of Tenant’s business; 

6 

	  	  	(2)  	  	Maintain the Premises in a clean, neat, sanitary and orderly
condition, it being understood that no use shall be made or permitted of the Premises or any part thereof, nor any acts done,
which will violate, make inoperative, or increase the existing rate of any insurance policy at any time held by or in any way for
the benefit of Lessor pursuant to any provision of this Lease; 

	  	  	(3)  	  	Comply with all governmental rules, regulations, ordinances,
statutes and laws now or hereafter in effect pertaining to the Premises or Tenant’s use thereof. Tenant further agrees to
comply with all of the rules and regulations of the National Fire Protective Association, and any similar bodies, and will not do,
suffer or permit to be done in, upon, or about the Premises any act which will or might increase any insurance rate with respect
to the Premises in excess of the insurance rate existing as of the Commencement Date; 

	  	  	(4)  	  	Refrain from burning any trash, papers or garbage of any kind in
or about the Premises; 

	  	  	(5)  	  	Store all trash and garbage within the Premises in metal
containers so located as not to be visible to customers and business invitees in the Building and so as not to create or permit
any health or fire hazard, and arrange for the prompt and regular removal thereof; 

	  	  	(6)  	  	Refrain from committing or suffer to be committed any waste upon
the Premises, or any nuisance or act or thing which may disturb the quiet enjoyment of any other Tenant. 

	  	  	(7)  	  	Prevent odors, noxious fumes, smoke, steam, and the like, from
escaping or emanating from the Premises into the Building, Common Areas or to other premises within the building. 

	  	  	(8)  	  	Shall not, except as necessary for the operation of its business,
knowingly cause or permit any hazardous substance to be used, placed, generated, handled, possessed or stored within the lease
Premises. Tenant shall be responsible for all clean-up costs and damages resulting from its release or disposition of hazardous
substances. 

	  	B.  	  	General Authority:  

	  	In addition to the foregoing, Tenant shall at all times during the
Term comply with all other reasonable rules and regulations which Lessor may at any time or from time to time establish concerning
the use of the Premises and Property. 

7 

	  	C.  	  	Alterations:  

	  	Except as otherwise herein provided, Tenant shall not make or
allow to be made any structural changes, alterations or additions to the Premises or any part thereof without first obtaining the
express written consent of Lessor. Any changes, alterations or additions in or to the Premises shall be at Tenant’s sole cost
and expense and, except for Tenant’s trade fixtures, equipment and furnishings, shall become the sole property of Lessor. If,
during the Term, any change, alteration, addition or correction shall be required by any law, rule or regulations of any
governmental authority to be made in or to the Premises or any portion thereof, Lessor shall first give its written consent
thereto and such change, alteration, addition or correction shall then be made by Tenant at Tenant’s sole cost and expense.

	  	D.  	  	Repair and Maintenance:  

	  	Lessor shall, except as otherwise provided in this Lease, at all
times during the Term keep and maintain the plumbing, electrical, heating, air conditioning and ventilating systems appurtenant to
and serving the Premises in good order, condition and repair. The cost thereof shall be deemed an Operating Cost. 

	  	Tenant shall be responsible for the maintenance of the Premises
and shall keep the Premises in good and sanitary order, condition and repair and in compliance with all laws and regulations
applicable thereto. 

	(11) 	  	Management and Maintenance of the Property and Building by Lessor. 

	  	A.  	  	Management of Property:  

	  	The Property and the Building, including Common Areas, shall be
subject to the exclusive management and control of Lessor. Lessor shall have the right from time to time to reasonably designate,
relocate and limit the use of particular areas or portions of the Property, and to establish, promulgate and enforce such
reasonable rules and regulations concerning the Common Areas as it may deem necessary or advisable for the proper and efficient
management, operation, maintenance and use thereof, and Tenant shall comply with the same. 

	  	B.  	  	Maintenance of Property:  

	  	Lessor shall, throughout the Term, maintain the Building, the
Common Areas and the Property in good order, condition and repair. Lessor’s obligation shall not extend to those items that
Tenant is required to maintain pursuant to the provisions of this Lease. 

8 

	(12)  	  	Operating Costs.  

	  	Tenant shall pay Lessor, as Additional Rent, Tenant’s Pro
Rata Share of Operating Costs for each calendar year during the Term. For the purposes of this Lease, the phrase
“Operating Costs” shall be all costs which Lessor may pay or incur in owning, maintaining, and operating the
Building, Common Areas and Property, which costs are defined to include, but shall not be limited to: 

	  	(i)    All non-capital expenditures incurred
in the management, maintenance, repair, service, and replacement of the Property, the Common Areas, and the Building, including,
without limitation, the following: management fees equal to four percent (4%) of the Minimum Rent hereunder; fire and building
alarm monitoring services; fire sprinkler inspections: cleaning and janitorial services; snow removal, landscaping and grass
cutting; parking lot upkeep, resealing and restriping; all utilities not otherwise dealt with elsewhere herein; and all necessary
repairs and maintenance to the Property and the elements, systems, and components thereof. Tenant shall provide and pay for its
own garbage collection; 

	  	(ii)    The cost of all insurance, including,
but not limited to: fire; casualty; umbrella policy; liability and rent loss insurance applicable to the Building, Common Areas,
Property, and Lessor’s personal property used in connection therewith; and such other insurance as may from time to time be
determined by Lessor to be necessary or appropriate, or as from time to time may be required by Lessor’s lender or any other
holder of a mortgage interest in the Property. 

	  	Tenant’s Pro Rata Share of Operating Costs shall be paid by
Tenant at the following times and in the following manner: On the first day of each month during the Term, Tenant shall pay to
Lessor a sum equal to one-twelfth (1/12) of Lessor’s estimate of Tenant’s Pro Rata Share of Operating Costs for the
calendar year; within thirty (30) days after the end of the calendar year, the difference between the estimated and actual
Operating Costs shall be determined and adjusted between Lessor and Tenant, as appropriate. For calendar years in which this Lease
commences or terminates, the provisions of this section shall apply, but Tenant’s liability for its Pro Rata Share of
Operating Costs shall be subject to a pro rata adjustment, based upon the number of days of said calendar year during which the
Term is in effect. 

	  	This Lease is intended to be a net lease, and notwithstanding any
law, all Rents and other sums payable under this Lease by Tenant whether as Rents or otherwise shall be paid without offset,
counterclaim, abatement or defense, and this Lease shall not be subject to termination by Tenant by reason of any cause whatsoever
unless such right to terminate is expressly set forth in this Lease. 

9 

	(13)  	  	Taxes.  

	  	Tenant shall pay to Lessor, as Additional Rent, Tenant’s pro
rata share of Real Estate Taxes as specified in this Article. Taxes for the first and last lease years will be pro rated based on
the number of days within such years divided by 365 days. 

	  	The term “Real Estate Taxes” shall mean all taxes
and assessments (special or otherwise) payable during the Term with respect to the Property. 

	  	Lessor agrees to use its best efforts to have all special
assessments paid in installments over the longest term permitted by law. 

	  	As close as possible to the beginning of each fiscal year, Lessor
shall estimate Real Estate Taxes referred to in this Article and shall notify Tenant of the estimate of Real Estate Taxes. Tenant
shall pay one-twelfth (1/12) thereof in equal monthly installments, together with the payment of Minimum Rent. In the event the
aggregate of Tenant’s installments during the year shall be less than the amount of taxes due from the Tenant, such
deficiency shall be paid to Lessor within ten (10) days after demand therefor. If the amount paid by Tenant during said Fiscal
Year is greater than the amount actually owed from Tenant, the excess shall be credited against the next Rent payments due
hereunder. 

	(14) 	  	Utilities.  

	  	Tenant shall pay before delinquency, at its sole cost and expense,
all utilities metered to Tenant. All of the unsegregated utilities shall be prorated by Lessor between the Tenants and shall be
billed as Additional Rent. In the event Lessor or Tenant shall determine that any tenant uses a disproportionate share of
utilities that are not separately metered, Lessor shall have the option to use its discretion in allocating the utilities between
the tenants. 

	(15) 	  	Insurance; Waiver.  

	  	A.  	  	Tenant’s Insurance:  

	  	Tenant shall, at all times during the Term, at its sole cost and
expense, procure and maintain in force and effect a policy or policies of comprehensive public liability insurance issued by an
insurance carrier approved by Lessor, insuring against loss, damage or liability for injury to or death of persons and loss or
damage to property occurring from any cause whatsoever in, upon or about the Premises. Such liability insurance shall be in
amounts of not less than One Million and no/100 ($1,000,000.00) Dollars for personal injuries to or death of any one person
whomsoever, and One Million and no/100 ($1,000,000.00) Dollars for personal injuries to or death of any two or more persons
whomsoever arising from the same occurrence, and Three Hundred Thousand and no/100 ($300,000.00) Dollars for damage to property,
including property of Tenant. Tenant and Lessor shall be the named insureds (and at Lessor’s option any other 

10 

	  	persons, firms or corporations designated by Lessor shall be
additional named insureds) under each such policy of insurance. 

	  	Tenant shall also, at all times during the Term, at its sole cost
and expense, procure and maintain in force and effect building plate glass insurance, and standard form of fire with extended
coverage insurance covering Tenant’s property and its merchandise, and the personal property of others in Tenant’s
possession in, upon or about the Premises. 

	  	Such insurance shall be in an amount equal to the current cash
value of the property required to be insured. Tenant and Lessor shall be the named insureds (and at Lessor’s option any other
persons, firms or corporations designated by Lessor shall be additional named insureds) under each such policy of insurance.

	  	B.  	  	Certificates of Insurance:  

	  	A certificate issued by the insurance carrier for each policy of
insurance required to be maintained by Tenant hereunder shall be delivered to Lessor on or before the commencement date hereof and
thereafter, as to policy renewals, within thirty (30) days prior to the expiration of the term of each such policy. Each of said
certificates of insurance and each such policy of insurance required to be maintained by Tenant hereunder shall expressly evidence
insurance coverage as required by this Lease (including an express waiver of any and all rights of subrogation thereunder
whatsoever against Lessor, its officers, agents and employees as required hereunder) and shall contain an endorsement or
provisions requiring not less than ten (10) days’ written notice to Lessor prior to the cancellation, diminution in the
perils insured against, or reduction of the amount of coverage of the particular policy in question. 

	  	C. 	  	Waiver:  

	  	Tenant hereby waives any and all rights of recovery from Lessor,
its officers, agents and employees for any loss or damage, including consequential loss or damage, caused by any peril or perils
(including negligent acts) enumerated in each form of insurance policy required to be maintained by Tenant hereunder. Each policy
of insurance required to be maintained by Tenant shall contain an express waiver of any and all rights of subrogation thereunder
whatsoever against Lessor, its officers, agents and employees. 

	(16)  	  	Signs.  

	  	Tenant may place signage on the pylon sign located on the property
at its sole expense and only with the consent of Lessor. Tenant may also place signage on the building at its sole expense and
only with the consent of Lessor. Said signage shall be in conformance with the municipal regulations and signage guidelines for
the property. 

11 

	(17)  	  	Eminent Domain.  

	  	A.  	  	Entire Premises:  

	  	If all or substantially all of the Premises shall be taken by any
public authority under the power of eminent domain, then the Term shall cease as of the day possession shall be taken by such
public authority, and the Rent shall be adjusted as of that day. 

	  	B. 	  	Partial Taking:  

	  	If more than one-third of the Premises shall be taken under
eminent domain, Tenant shall have the right to terminate this Lease or, subject to Lessor’s right of termination as
hereinafter in this Article set forth, to continue in possession of the remainder of the Premises and Tenant shall notify Lessor
in writing within ten (10) days after such taking, of Tenant’s election. In the event Tenant elects to remain in
possession, all of the terms herein provided shall continue in effect, except that the Minimum Rent shall be reduced in proportion
to the amount of the Premises taken and Lessor shall at its own cost and expense make all necessary repairs or alterations to the
Building and Premises. If more than one-third of the area of the Building shall be taken under power of eminent domain or if the
unexpired portion of the Term shall be three years or less at the date of taking any portion of the Premises, Lessor may, by
written notice to Tenant delivered on or before the date of surrendering possession to the public authority, terminate this Lease.

	  	C. 	  	Damages:  

	  	All damages awarded for such taking under the power of eminent
domain whether for the whole or a part of the Premises shall belong to and be the property of Lessor whether such damages shall be
awarded as compensation for diminution in value to the leasehold or to the fee of the Premises. 

	  	D.  	  	Definition:  

	  	The term “eminent domain” shall include the
exercise of any governmental power and any purchase or other acquisition in lieu of condemnation. 

	(18)  	  	Damage to Premises.  

	  	A.  	  	Partial or Total Destruction:  

	  	In case the Premises shall be partially or totally destroyed by
fire or other casualty insurable under full standard extended coverage insurance, so as to become partially or totally
untenantable, the same, unless Lessor shall elect not to rebuild 

12 

	  	as hereinafter provided, shall be repaired with reasonable
diligence at the cost of Lessor and Tenant as hereinafter provided and a just and proportionate part of the Minimum Rent shall be
abated until so repaired. 

	  	B.  	  	Extensive Damage – Election:  

	  	If more than one-third of the Premises and/or Building shall be
destroyed or damaged by fire or other casualty, so as to become wholly untenantable, or if the unexpired portion of the Term shall
be eighteen (18) months or less at the date of the damage, regardless of extent, or if the cost to Lessor to repair the Premises
shall be estimated at $500,000.00 or more, then Lessor may elect not to repair or rebuild by giving notice in writing terminating
this Lease; otherwise Lessor shall, within thirty (30) days after such damage, give Tenant notice of its intention to repair or
rebuild and shall proceed with reasonable speed. The obligation of Lessor hereunder and under Paragraph (A) of this Article shall
be limited to Lessor’s Work as set forth in the Description of Lessor’s Work in Exhibit “C” and
Tenant shall be required to complete the repair and restoration of the Premises by repairing and restoring the work designated as
Tenant’s Work on Exhibit “C.” 

	(19)  	  	Assignment and Subletting.  

	  	Tenant shall not assign this Lease or sublet said premises without
the written consent of Lessor, which consent shall not be unreasonably withheld. Lessor may require financial information in
regard to a prospective tenant prior to any approval by Lessor. 

	(20)  	  	Right of Access.  

	  	A.  	  	Notices, Inspection and Liability:  

	  	Lessor, and its authorized agents and representatives, shall be
entitled to enter the Premises at all reasonable times for the purpose of serving, posting or keeping posted thereon notices
provided for hereunder, or by the laws of the State of Minnesota or by any similar law, rule or regulation now or hereafter in
effect, and such other notices as Lessor may deem necessary or appropriate for protection of Lessor, its interests or the
Premises, for the purpose of inspecting the Premises or any portion thereof, and for the purpose of making necessary repairs to
the Premises and performing any work therein or thereon which Lessor may elect, or be required, to make hereunder, or which may be
necessary to comply with any laws, ordinances, rules, regulations or requirements of any public authority or any applicable
standards that may from time to time be established by the National Board of Fire Underwriters, the National Fire Protective
Association, or any similar body, or which Lessor may deem necessary or appropriate to prevent waste, loss, damage of or
deterioration to or in connection with the Premises. Nothing contained herein shall impose or be deemed to impose any duty on the
part of Lessor to do any work of repair, maintenance, reconstruction or 

13 

	  	restoration, which under any provision of this Lease is required
to be done by Tenant, and the performance thereof by Lessor shall not constitute a waiver of Tenant’s default in failing to
do the same. Lessor may, during the progress of any work on the Premises, keep and store upon the Premises all necessary
materials, tools, and equipment. Lessor shall not in any event be liable for inconvenience, annoyance, disturbance, loss of
business or quiet enjoyment, or other damage or loss to Tenant by reason of making any such repairs or performing any such work
upon the Premises, or on account of bringing materials, supplies and equipment into, upon or through the Premises during the
course thereof, and the obligations of Tenant under this Lease shall not thereby be affected in any manner whatsoever. Lessor
shall, however, in connection with the performance of any such work, cause as little inconvenience, disturbance or other damage or
loss to Tenant as may be reasonably possible under the circumstances. 

	  	B.  	  	Sale and Leasing:  

	  	Lessor and its authorized agents and representatives shall be
entitled to enter the Premises at all reasonable times for the purpose of exhibiting the same to prospective purchasers. During
the final six (6) months of the Term, Lessor shall be entitled to exhibit the Premises for hire or rent and to display
thereon in such manner as will not unreasonably interfere with Tenant’s business the usual “For Rent” or “For
Lease” signs, and such signs shall remain unmolested on the Premises. 

	(21)  	  	Default by Tenant.  

	  	A.  	  	Notice and Termination, Lessor’s Options:  

	  	In the event that: 

	  	  	(1) 	  	Tenant shall default in the payment of any Rent required to be
paid hereunder; or 

	  	  	(2)  	  	Tenant shall default in the performance of any other provision,
covenant or condition of this Lease on the part of Tenant to be kept and performed and such default continues for thirty (30) days
after written notice thereof from Lessor to Tenant, provided, however, that if the default complained of in such notice is of such
a nature that the same can be rectified or cured, but cannot with reasonable diligence be done within said thirty (30) day period,
then such default shall be deemed to be rectified or cured if Tenant shall, within said thirty (30) day period, commence to
rectify and cure the same and shall thereafter complete such rectification and cure with all due diligence, and in any event
within sixty (60) days from the date of giving of such notice, 

14 

	  	then and in any such event (and in addition to all other rights
and remedies it may have according to this Lease or by law provided) Lessor, at its option, shall have the following rights:

	  	  	(1)  	  	The right to cure any such default and all costs and expenses
incurred by Lessor in doing so shall become immediately due and payable as Additional Rent; or 

	  	  	(2)  	  	The right to declare the Term ended and to re-enter the Premises
and take possession thereof, and to terminate all of the rights of Tenant in and to the Premises; or 

	  	  	(3)  	  	The right without declaring the Term ended, to re-enter the
Premises and to occupy the same, or any portion thereof, or to lease the whole or any portion thereof, for and on account of
Tenant as hereinafter provided; or 

	  	  	(4)  	  	The right, even though it may have released all or any portion of
the Premises, to thereafter at any time elect to terminate this Lease for such previous default on the part of Tenant, and to
terminate all of the rights of Tenant in and to the Premises. 

	  	Pursuant to said rights of re-entry, Lessor may remove all persons
from the Premises using such force as may be necessary therefor and may, but shall not be obligated to, remove all property
therefrom, including, but not limited to Tenant’s property, and may, but shall not be obligated to, enforce any rights Lessor
may have against said property, or store the same in any public or private warehouse or elsewhere at the cost and for the account
of Tenant or the owners or owner thereof. 

	  	Anything contained herein to the contrary notwithstanding, Lessor
shall not be deemed to have terminated this Lease or the liability of Tenent to pay any rent or other sum of money thereafter to
accrue hereunder, or Tenant’s liability for damages under any of the provisions hereof, by any such re-entry, or by any
action in unlawful detainer or otherwise to obtain possession of the Premises, unless Lessor shall have notified Tenant in writing
that it has so elected to terminate this Lease. Tenant covenants and agrees that the service by Lessor of any notice pursuant to
the unlawful detainer statutes of the State of Minnesota and the surrender of possession pursuant to such notice shall not (unless
Lessor elects to the contrary at the time of, or at any time subsequent to, the service of such notice, and Lessor’s election
be evidenced by written notice thereof to Tenant) be deemed to be a termination of this Lease, or the termination of any liability
of Tenant hereunder to Lessor. 

15 

	  	B.  	  	Right to Re-let Premises:  

	  	  	(1)  	  	In the event Lessor elects to re-enter the Premises as hereinabove
provided, or should Lessor take possession thereof pursuant to legal proceedings or pursuant to any notice provided for by law,
Lessor may at its option either terminate this Lease, or it may from time to time without terminating this Lease re-let the
Premises, or any portion thereof (but nothing contained herein shall be construed as obligating Lessor to re-let the whole or any
portion of the Premises) for such a term or terms (which may be for a term extending beyond the Term) and at such rental or
rentals and upon such other terms and conditions as Lessor, in its sole discretion, may deem advisable. In addition to the
foregoing, Lessor shall have the right, but not the obligation, to make such alterations and repairs to the Premises, and to
divide or subdivide the Premises, as may be required or occasioned by any such re-letting. In the event Lessor re-lets the
Premises, or any portion thereof, it may execute any such Lease either in its own name or in the name of Tenant as Lessor shall
see fit, but the tenant in such lease of re-letting shall be under no obligation whatsoever to see the application by Lessor of
any rent collected by Lessor from such tenant, nor shall Tenant hereunder have any right or authority whatsoever to collect any
rent from the tenant in the lease of re-letting. 

	  	  	(2)  	  	Upon such re-letting, Lessor shall apply the rentals and sums
received from such re-letting in the following order: (a) first, to the payment of costs of recovering the Premises
including, without limitation, court costs and reasonable attorney’s fees; (b) second, to the payment of any costs and
expenses of said re-letting including, without limitation, the costs of alterations and repairs, dividing and subdividing, of the
Premises in connection therewith, and to the payment of any brokerage commissions or other similar expenses of Lessor in
connection with such re-letting; (c) third, the balance, if any, shall then be applied by Lessor, from time to time, but in
any event not less often than once each month, on account of the payments of rent and other payments on the part of Tenant due and
payable hereunder; and (d) fourth, the residue, if any, shall be held by Lessor and applied in payment of future Rent and
other payments on the part of Tenant as the same may become due and payable hereunder. 

	  	C.  	  	Interest on Overdue Rent and Expenditures by Lessor:  

	  	Any installment of Rent overdue for a period of more than ten (10)
days shall bear interest at the rate of eighteen percent (18%) per annum commencing from the date that such Rent was due and
continuing thereafter until such Rent, together with interest thereon, is paid in full. Additionally, whenever under any provision
of this Lease Tenant shall be obligated to make any payment or expenditure, or to do any act or thing, or to incur any liability
whatsoever, and Tenant fails, refuses or neglects to perform as herein required, Lessor shall be entitled but shall not be

16 

	  	obligated to make any such payment or expenditure, or do any such
act or thing, or to incur any such liability, all on behalf of and at the cost and for the account of Tenant, and in such event
the amount thereof with interest thereon as hereinafter provided, shall be deemed Additional Rent hereunder, and shall be
immediately due and payable. All such amounts shall bear interest at the rate of eighteen percent (18%) per annum until repayment
by Tenant in full. 

	  	D. 	  	Damages on Termination:  

	  	Should Lessor at any time terminate this Lease for any default,
breach or failure of Tenant hereunder, then, in addition to any other rights or remedies available to Lessor hereunder or by law
provided, Lessor may have and recover from Tenant all damages Lessor may incur by reason of such default, breach or failure
including, without limitation, all costs of recovering the Premises including, without limitation, court costs and reasonable
attorney’s fees for services in recovering possession, all costs and expenses of any re-letting including, without
limitation, all costs of alterations and repairs, dividing and subdividing, of the Premises in connection therewith, all brokerage
commissions or other similar expenses of Lessor in connection with such re-letting, or, at the option of Lessor, Lessor may have
and recover from Tenant the worth at the time of termination of this Lease, of the excess, if any, of the Rent reserved in this
Lease for the remainder of the Term, over the then reasonable rental value of the Premises for the same period, all of which
amounts, including all court costs and reasonable attorney’s fees of Lessor, shall be immediately due and payable by Tenant
to Lessor. 

	  	E. 	  	Waiver of Default:  

	  	The waiver by Lessor of any default or breach of any of the
provisions, covenants or conditions hereof on the part of Tenant to be kept and performed shall not be a waiver of any preceding
or subsequent breach of the same or any other provision, covenant or condition contained herein. The subsequent acceptance of Rent
or any other payment hereunder by Tenant to Lessor shall not be construed to be a waiver of any preceding breach by Tenant of any
provision, covenant, or condition of this Lease other than the failure of Tenant to pay the particular rental or other payment or
portion thereof so accepted, regardless of Lessor’s knowledge of such preceding breach at the time of acceptance of such Rent
or other payment. 

	(22)  	  	Default by Lessor.  

	  	It is agreed that in the event Lessor fails or refuses to perform
any of the provisions, covenants, or conditions of this Lease on Lessor’s part to be kept or performed, that Tenant, prior to
exercising any right or remedy Tenant may have against Lessor on account of such default, shall give a thirty (30) day written
notice to Lessor of such default, specifying in said notice the default with which Lessor is charged; notwithstanding any other
provision hereof, Tenant agrees that if the default complained 

17 

	  	of in the notice is of such a nature that the same can be
rectified or cured by Lessor, but cannot with reasonable diligence be rectified or cured within said thirty (30) day period, then
such default shall be deemed to be rectified or cured if Lessor within said thirty (30) day period shall have commenced the
rectification and curing thereof and shall continue thereafter with all due diligence to cause such rectification and curing to
proceed, and so does complete the same, with the use of diligence as aforesaid. 

	(23)  	  	Insolvency, etc., of Tenant.  

	  	A.  	  	Breach of Lease:  

	  	The filing of any petition in bankruptcy, or the adjudication of
Tenant as a bankrupt or insolvent, or the appointment of a receiver or trustee to take possession of all or substantially all of
the assets of Tenant, or a general assignment by Tenant for the benefit of creditors, or any action taken or suffered by Tenant
under any State or Federal insolvency or bankruptcy act, or any similar law now or hereafter in effect, including, without
limitation, the filing of any petition for or in reorganization, or should the Premises or any portion thereof be taken or seized
under levy of execution or attachment against Tenant, and the continuance of the same in effect for a period of thirty (30) days,
shall constitute a breach of this Lease by Tenant and in such event Lessor may at its option terminate this Lease upon written
notice to Tenant. 

	  	B.  	  	Operation of Law:  

	  	It is understood and agreed that neither this Lease, nor any
interest herein or hereunder, nor any estate hereby created, in favor of Tenant, shall pass by operation of law under any State or
Federal insolvency or bankruptcy act, or any similar law now or hereafter in effect, to any trustee, receiver, assignee for the
benefit of creditors, or any other person whomsoever without the express written consent of Lessor first had and obtained
therefore. Any purported transfer in violation of the provisions of this Article 23B shall constitute a breach of this Lease
by Tenant. 

	(24)  	  	Indemnification of Lessor:  

	  	Tenant hereby covenants and agrees to indemnify, save and hold
Lessor and the Premises free, clear and harmless from any and all liability, loss, costs, charges, penalties, obligations,
expenses, reasonable attorney’s fees, litigation, judgments, damages, claims and demands of any kind whatsoever in connection
with, arising out of or by reason of, any violation of law, ordinance or regulation by Tenant, its agents, employees, servants,
contractors, subtenants, licensees, concessionaires, customers or business invitees, or by reason of any injury or damage however
occurring to any person or persons whomsoever (including Tenant, its agents, employees, servants, contractors, subtenants,
licensees, concessionaires, customers or business invitees), or to property of any kind whatsoever 

18 

	  	and to whomsoever belonging (including Tenant, its agents,
employees, servants, contractors, subtenants, licensees, concessionaires, customers or business invitees), from any cause or
causes whatsoever, excluding affirmative negligence on the part of Lessor, while in, upon, about or in any way connected with the
Premises or any portion thereof during the Term. 

	(25)  	  	Liens.  

	  	A.  	  	Indemnification:  

	  	Tenant shall at all times indemnify, save and hold Lessor and the
Premises free, clear and harmless from any claims, liens, demands, charges, encumbrances or litigation (including attorney’s
fees) arising directly or indirectly out of any use, occupancy or activity of Tenant, or out of any work performed, material
furnished, or obligations incurred by Tenant, in, upon, about or otherwise in connection with the Premises, and shall pay or cause
to be paid for all work performed and material furnished to the Premises which will or may result in a lien on the Premises or
Lessor’s reversionary estate therein, and will keep the Premises free and clear of all mechanic’s liens and
materialmen’s liens. 

	  	B.  	  	Contest of Liens:  

	  	If Tenant desires to contest any claim of lien, it shall within
fifteen (15) days after the filing of the lien for record furnish Lessor with cash security in the amount of the claim of
lien, plus estimated costs and interest, or shall furnish Lessor with a bond of a responsible corporate surety in the same amount
conditioned upon the discharge of the lien. Nothing contained herein shall prevent Lessor, at the cost and for the account of
Tenant, from obtaining and filing a bond conditioned upon the discharge of such lien, in the event Tenant fails or refuses to
furnish the same within said fifteen (15) day period, and all costs incurred by Lessor in so doing shall be immediately due
and payable as Additional Rent. 

	  	C.  	  	Satisfaction of Liens:  

	  	Immediately upon entry of final judgment in any such action in
which Tenant contests any such claim of lien, and if such final judgment shall establish the validity of the lien, or any part
thereof, and within fifteen (15) days after the filing of any lien for record which Tenant does not contest, Tenant shall
fully pay and discharge such judgment or lien, as the case may be, and Tenant shall reimburse Lessor upon demand for any and all
loss, damage and expense, including reasonable attorney’s fees, which Lessor may suffer or be put to by reason thereof.
Nothing contained herein shall prevent Lessor, at the cost and for the account of Tenant, from satisfying any such judgment or
lien, as the case may be, in the event Tenant fails or refuses to satisfy the same as herein provided, and all costs incurred by
Lessor in so doing shall be immediately due and payable as Additional Rent. 

19 

	  	D.  	  	Notice to Lessor:  

	  	Should any claim or lien be filed against the Premises, or any
action or proceeding be instituted affecting the title to the Premises, Tenant shall give Lessor written notice thereof as soon as
Tenant obtains knowledge thereof. 

	(26)  	  	Subordination.  

	  	Tenant agrees upon request of Lessor to subordinate this Lease and
its rights hereunder to the lien of any mortgage, deed of trust or other encumbrance, together with any conditions, renewals,
extensions or replacements thereof, now or hereafter placed, charged or enforced against the Premises, the Building, or the
Property, or any portion or portions thereof, and to execute and deliver at any time and from time to time upon demand by Lessor
such documents as may be required to effectuate such subordination, and in the event that Tenant shall fail, neglect or refuse to
execute and deliver any such document within ten (10) days after receipt of written notice so to do and the receipt by Tenant of
the document to be executed by it, Tenant hereby appoints Lessor, its successors and assigns, the attorney-in-fact of Tenant
irrevocably to execute and deliver any and all such documents for and on behalf of Tenant; provided, however, that Tenant shall
not be required to effectuate such subordination, nor shall Lessor be authorized to effectuate such subordination on behalf of
Tenant, unless the mortgagee or trustee named in such mortgage, deed of trust or other encumbrance shall first agree in writing,
for the benefit of Tenant, that so long as Tenant is not in default under any of the provisions, covenants or conditions of this
Lease on the part of Tenant to be kept and performed, that neither this Lease nor any of the rights of Tenant hereunder shall be
terminated or modified or be subject to termination or modification, nor shall Tenant’s possession of the Premises be
disturbed or interfered with, by any trustee’s sale or by any action or proceeding to foreclose said mortgage, deed of trust
or other encumbrance. 

	(27)  	  	Estoppel Certificate.  

	  	Tenant agrees that at any time during the Term, and within ten
(10) days after demand therefore by Lessor, to execute and deliver to Lessor or to any proposed mortgagee, trustee, beneficiary or
purchaser, a certificate in recordable form certifying that this Lease is in full force and effect and that there are no defenses
or offsets thereto, or stating such defenses or offsets as are claimed by Tenant, and the dates to which all Rent has been paid,
or containing other information usually set forth in certificates of a similar nature. 

	(28)  	  	Force Majeure.  

	  	Whenever a day is appointed herein on which, or a period of time
is appointed within which, either party hereto is required to do or complete any act, matter or thing, the time for the doing or
completion thereof shall be extended by a period of time equal to the number of days on or during which party is prevented from,
or is unreasonably interfered with, the doing or completion of such act, matter or thing because of strikes, lock-outs,

20 

	  	embargoes, unavailability of labor or materials, wars,
insurrections, rebellions, declaration of national emergencies, act of God, or other causes beyond such party’s reasonable
control (financial inability excepted); provided, however, nothing contained in this Article shall excuse Tenant from the prompt
payment of any rental or other charge required of Tenant hereunder except as may be expressly provided elsewhere in this Lease.

	(29)  	  	Holding Over.  

	  	In the event Tenant shall hold over or remain in possession of the
Premises with the consent of Lessor after the expiration of the stated Term, or any written extension or renewal of the Term, such
holding over or continued possession shall create a tenancy from month to month only, upon the same terms and conditions as are
herein set forth so far as the same are applicable, except as to rent. In the case of a hold over, the Minimum Rent due hereunder
shall be equal to two times the Minimum Rent established in Article 5 of this Lease. 

	(30)  	  	Cancellation Not Merger.  

	  	The voluntary or other surrender of this Lease by Tenant, or a
mutual cancellation thereof, or the termination thereof by Lessor pursuant to any provisions contained herein, shall not work a
merger, but at the option of Lessor shall either terminate any or all existing subleases or subtenancies hereunder, or operate as
an assignment to Lessor of any or all of such subleases or subtenancies. 

	(31)  	  	Sale or Assignment by Lessor.  

	  	A.  	  	Sale or Assignment Permitted:  

	  	It is agreed that Lessor may at any time assign or transfer its
interest as Lessor in and to this Lease, or any part thereof, and may at any time sell or transfer its interest in the fee of the
Premises, or its interest in and to the whole or any portion of the Premises. 

	  	B.  	  	Attornment:  

	  	Tenant hereby agrees to attorn to the assignee, transferee, or
purchaser of Lessor under any provisions of this Article 31 from and after the date of notice to Tenant of such assignment,
transfer or sale, in the same manner and with the same force and effect as though this Lease were made, in the first instance, by
and between Tenant and such assignee, transferee or purchaser. In the event of the exercise of the power of sale under, or the
foreclosure of, any deed of trust, mortgage or other encumbrances placed by Lessor against all or any portion of the Premises,
Tenant shall upon demand attorn to the purchaser upon the effective date of any such sale or foreclosure of any such deed of
trust, mortgage or other encumbrance, and shall recognize the purchaser or judgment creditor as Lessor under the Lease.

21 

	  	C.  	  	Transfer of Lessor’s Obligations:  

	  	The term “Lessor” as used in this Lease, so far
as the covenants or obligations on the part of Lessor are concerned, shall be limited to mean and include only the owner or owners
at the time in question of the fee of the Premises, and in the event of any transfer or conveyance of the title to such fee other
than by way of security only, Lessor herein named, except as hereinafter provided (and in case of any subsequent transfers or
conveyances, except by way of security only, the then grantor) shall be automatically freed and relieved from and after the date
of such transfer or conveyance of all personal liability as respects the performance of any covenants or obligations on the part
of Lessor contained in this Lease thereafter to be performed, provided that any funds in the hands of such Lessor, or the then
grantor, at the time of such transfer or conveyance in which Tenant has an interest shall be turned over to the transferee or
grantee, and any amount then due and payable to Tenant by Lessor, or by the then grantor, under any provisions of this Lease shall
be paid to Tenant, it being intended hereby that the covenants and obligations contained in this Lease on the part of Lessor to be
kept and performed by it shall, subject as aforesaid, be binding on Lessor, its successors and assigns only during and in respect
of their respective successive periods of ownership. 

	(32) 	  	Quiet Possession.  

	  	Lessor agrees that Tenant upon paying the Rent, and upon
Tenant’s performance of all of the provisions, covenants and conditions of this Lease on its part to be kept and performed,
may quietly have, hold and enjoy the Premises during the Term. 

	(33)  	  	No Partnership.  

	  	Anything contained herein to the contrary notwithstanding, Lessor
does not in any way or for any purpose become a partner of Tenant in the conduct of its business, or otherwise, or a joint
venturer or member of a joint enterprise with Tenant hereunder. The provisions of this Lease relating to Percentage Rent are
included solely for the purpose of providing a method whereby part of the Percentage Rent reserved hereunder are to be measured
and ascertained. 

	(34)  	  	Remedies Cumulative.  

	  	The various rights, options, elections and remedies of Lessor and
Tenant, respectively contained in this Lease shall be cumulative and no one of them shall be construed as exclusive of any other,
or of any right, priority or remedy allowed or provided for by law and not expressly waived in this Lease. 

22 

	(35)  	  	Attorney’s Fees.  

	  	Should Lessor consult with an attorney with respect to
Tenant’s performance hereunder, or institute any action or proceeding in court to obtain possession of the Premises,
terminate this Lease, or enforce any provision hereof or for damages or other relief by reason of an alleged breach of any
provision hereof, the Lessor shall be entitled to receive from the Tenant, in addition to allowable court costs, such amount as
the court may adjudge to be reasonable as attorney’s fees for the services rendered the Lessor in such action or proceeding,
and such amount may be a part of the judgment or other relief against the Tenant. 

	(36)  	  	Partial Invalidity.  

	  	If any term, provision, covenant or condition of this Lease should
be held by a court of competent jurisdiction to be invalid, void or unenforceable, the remainder of this Lease shall continue in
full force and effect and shall in no way be affected, impaired or invalidated thereby. 

	(37)  	  	Recordation.  

	  	This Lease shall not be recorded, but the parties shall, at the
option of either, execute and deliver a memorandum hereof, in recordable form, sufficient to give constructive notice of the
leasehold estate hereby created, and said memorandum may be filed for record in the Office of the County Recorder of the county in
which the Premises are located. 

	(38)  	  	Time of the Essence.  

	  	Time is of the essence of this Lease and all of the terms,
provisions, covenants and conditions hereof. 

	(39)  	  	Captions, Pronouns and Interpretation.  

	  	A.  	  	Captions:  

	  	The captions appearing at the commencement of the major Sections
and Articles hereof, and in any paragraph thereof, are descriptive only and for convenience in reference to this Lease and should
there be any conflict between any such heading, and the Section, Article, or paragraph thereof at the head of which it appears,
the Section, Article or paragraph thereof, as the case may be, and not such heading, shall control and govern in the construction
of this Lease. 

	  	B.  	  	Pronouns:  

	  	Masculine or feminine pronouns shall be substituted for the neuter
form and vice versa, and the plural shall be substituted for the singular form and vice versa, in 

23 

	  	any place or places herein in which the context requires such
substitution or substitutions. 

	  	C.  	  	Interpretation:  

	  	  	(1)  	  	Law:   The laws of the State of
Minnesota shall govern the validity, construction and effect of this Lease. 

	  	  	(2)  	  	Covenants:   Whenever in this Lease
any words of obligation or duty are used in connection with either party, such words shall have the same force and effect as
though framed in the form of express covenants on the part of the party obligated. 

	  	  	(3)  	  	Joint and Several Liability:   In
the event either party hereto now or hereafter shall consist of more than one person, firm or corporation, then and in such event
all such persons, firms or corporations shall be jointly and severally liable as parties hereunder. 

	(40)  	  	Successors and Assigns.  

	  	The terms, provisions, covenants and conditions contained in this
Lease shall apply to, bind and inure to the benefit of the heirs, executors, administrators, legal representatives, successors and
assigns (where assignment is permitted) of Lessor and Tenant, respectively. 

	(41) 	  	Security Deposit.  

	  	Tenant shall deposit with Lessor the sum of $15,895.58 as security
for the faithful performance and observance by Tenant of the terms, provisions and conditions of this Lease. It is agreed that in
the event Tenant defaults with respect to any of the terms, provisions and conditions of this Lease, Lessor may use, apply, or
retain the whole or any part of the security so deposited to the extent required for the payment of any rent and additional rent,
or any other sum as to which Tenant shall be in default, or any sum which Lessor may expend or be required to expend by reason of
Tenant’s default with respect to any of the terms, covenants and conditions of this Lease, including, but not limited to, any
damages or expenses incurred in re-letting the premises, whether such damages or expenses accrued before or after summary
proceedings or other re-entry by Lessor. It is expressly intended, understood and agreed that the right of Lessor to use the
security deposit as aforesaid, in no manner limits or precludes Lessor from exercising such other rights and remedies as are
provided in this Lease. 

	  	In the event Tenant fully and faithfully complies with all of the
terms, provisions, covenants, and conditions of this Lease, the security deposit shall be returned to Tenant. In the event Lessor
sells or assigns its interest in the Premises, upon delivery of the security deposit to such purchaser or assignee of
Lessor’s interest, Lessor shall thereupon 

24 

	  	be discharged from any further liability with respect to such
security deposit, and Tenant agrees to look to such purchaser or assignee for return of the same. 

	  	The foregoing security deposit shall be placed with Lessor as of
the date that this Lease is executed. 

	(42)  	  	Entire Agreement.  

	  	All understandings and agreements heretofore made between the
parties hereto are merged into this Agreement, which alone fully and completely expresses their Agreement. Tenant specifically
acknowledges and agrees that (i) except as expressly provided herein, Lessor makes no warranties or representations
concerning the amount of Additional Rent that will be payable pursuant to Article 5B hereof, nor as to the condition of the
Premises, and (ii) this Agreement is entered into after full investigation by Tenant and Tenant has not relied on any
statement or representation not embodied in this Agreement. This Agreement may not be altered or terminated orally. 

        IN WITNESS WHEREOF,
the parties hereto have signed this Lease, and all Exhibits hereto, the date and year first above written. 

	TENANT:  		LANDLORD:  
	 
	By:    	/s/   John Lai 
	    	By:   	/s/   Paul Vincent 

	 
	Its    	President 
	    	Its   	President

25

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00100-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00100-of-00352.parquet"}]]