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Exhibit 10.19    
  

 
 

INDEMNIFICATION AGREEMENT    
  

        THIS INDEMNIFICATION AGREEMENT (the "Agreement") dated as of
February            , 2003, is made by and
between CIBER, Inc., a Delaware corporation (the "Corporation"), and the undersigned member of the Board of Directors, officer, employee or agent of the
Corporation ("Indemnitee"). 

        WHEREAS,
the Corporation's Certificate of Incorporation (the "Certificate") and Bylaws (the  "Bylaws") and the Delaware General Corporation Law (the
"DGCL"), under which the Corporation is
organized, empower the Corporation to indemnify its directors, officers, employees and agents by agreement and to indemnify persons who serve, at the request of the Corporation, as the directors,
officers, employees or agents of other corporations or enterprises, and expressly provide that the indemnification provided by the Certificate, the Bylaws and the DGCL are not exclusive; 

        WHEREAS,
such Certificate, Bylaws and the DGCL contemplate that contracts, insurance policies and other financial arrangements may be entered into with respect to indemnification of
directors, officers, employees or agents; 

        WHEREAS,
the Corporation has purchased and presently maintains a policy or policies of directors' and officers' liabilities insurance ("D&O
Insurance") covering certain liabilities that may be incurred by the Corporation's directors and officers in the performance of their services to the Corporation; 

        WHEREAS,
the general availability of D&O Insurance covering certain liabilities that may be incurred by the Corporation's directors and officers in the performance of their services to
the Corporation and the applicability, amendment and enforcement of statutory provisions and provisions of the Certificate and Bylaws present uncertainty concerning the adequacy and reliability of the
protection afforded directors and officers; 

        WHEREAS,
it is reasonable, prudent and necessary for the Corporation to obligate itself contractually to indemnify Indemnitee so that Indemnitee will serve or continue to serve the
Corporation free from undue concern that Indemnitee will not be adequately protected; and 

        WHEREAS,
Indemnitee is willing to serve, continue to serve and to take on additional service for or on behalf of the Corporation on condition that Indemnitee be so indemnified. 

        NOW,
THEREFORE, in consideration of the premises and the covenants contained herein, the Corporation and Indemnitee do hereby covenant and agree as follows: 

        1.    Definitions.    As used in this Agreement, 

        (a)  The
term "Proceeding" shall include any threatened, pending or completed action, suit, inquiry or proceeding, whether
brought by or in the right of the Corporation or otherwise and whether of a civil, criminal, administrative or investigative nature, in which Indemnitee was, is or will be involved as a party, as a
witness or otherwise, by reason of the fact that Indemnitee is or was a director, officer, employee or agent of the Corporation, by reason of any action taken by Indemnitee or of any inaction on
Indemnitee's part while acting as a director, officer, employee or agent or by reason of the fact that Indemnitee is or was serving at the request of the Corporation as a director, officer, employee
or agent of another corporation, partnership, joint venture, trust, limited liability company or other enterprise; in each case whether or not Indemnitee is acting or serving in any such capacity at
the time any liability or expense is incurred for which indemnification or reimbursement can be provided under this Agreement; provided that any such action, suit or proceeding which is brought by
Indemnitee against the Corporation or directors, officers, employees or agents of the Corporation shall not be deemed a Proceeding, except (i) with respect to actions or proceedings to establish or
enforce a right to

  
indemnify under this Agreement or any other agreement or insurance policy or under the Corporation's Certificate or Bylaws now or hereafter in effect relating to Proceedings for Indemnifiable Events
(as defined below), (ii) in specific cases if the Board of Directors has approved the initiation or bringing of such Proceeding, or (iii) as otherwise required under the DGCL, regardless of whether
Indemnitee ultimately is determined to be entitled to such indemnification, advance expense payment or insurance recovery, as the case may be. 

        (b)  The
term "Expenses" shall include, without limitation, any judgments, fines and penalties against Indemnitee in
connection with a Proceeding; amounts paid by Indemnitee in settlement of a Proceeding; and all attorneys' fees and disbursements, accountants' fees, private investigation fees and disbursements,
retainers, court costs, transcript costs, fees of experts, fees and expenses of witnesses, travel expenses, duplicating costs, printing and binding costs, telephone charges, postage, delivery service
fees, and all other disbursements, or expenses, reasonably incurred by or for Indemnitee in connection with prosecuting, defending, preparing to prosecute or defend, investigating, being or
preparing to be a witness in a Proceeding or establishing Indemnitee's right of entitlement to indemnification for any of the foregoing. 

        (c)  References
to "other enterprise" shall include employee benefit plans; references to
"fines" shall include any excise tax assessed with respect to any employee benefit plan; references to "serving at the request
of the Corporation" shall include any service as a director, officer, employee or agent of the Corporation which imposes duties on, or involves services by, such director,
officer, employee or agent with respect to an employee benefit plan, its participants or beneficiaries. 

        (d)  The
term "substantiating documentation" shall mean copies of bills or invoices for costs incurred by or for Indemnitee,
or copies of court or agency orders or decrees or settlement agreements, as the case may be, accompanied by a sworn statement from Indemnitee that such bills, invoices, court or agency orders or
decrees or settlement agreements, represent costs or liabilities meeting the definition of "Expenses" herein. 

        (e)  For
purposes of this Agreement, references to the "Corporation" shall include, in addition to the resulting corporation,
any constituent corporation (including any constituent of a constituent) absorbed in a consolidation or merger which, if its separate existence had continued, would have had power and authority to
indemnify its directors, officers, employees, agents or fiduciaries, so that if Indemnitee is or was a director, officer, employee, agent, control person, or fiduciary of such constituent corporation,
or is or was serving at the request of such constituent corporation as a director, officer, employee, control person, agent or fiduciary of another corporation, partnership, joint venture, employee
benefit plan, trust or other enterprise, Indemnitee shall stand in the same position under the provisions of this Agreement with respect to the resulting or surviving corporation as Indemnitee would
have with respect to such constituent corporation if its separate existence had continued. 

        (f)    For
purposes of this Agreement a "Change in Control" shall be deemed to have occurred if: 

                (i)    any
"person" (as such term is defined in Section 3(a)(9) of the Exchange Act as modified and used in
Sections 13(d) and 14(d) thereof, except that such term shall not include (w) the Corporation or any of its affiliates, (x) a trustee or other fiduciary holding securities under an employee benefit
plan of the Corporation or any of its subsidiaries, (y) an underwriter temporarily holding securities pursuant to an offering of such securities or (z) a corporation owned, directly or indirectly, by
the stockholders of the Corporation in substantially the same proportions as their ownership of stock of the Corporation): (a) who is or becomes the "beneficial
owner" (as defined in Rule 13d-3 under said Exchange Act, a "Beneficial Owner"), directly or indirectly, of securities of the Corporation representing 15% or more of the
combined voting power of the Corporation's then outstanding Voting Securities, increases such Person's beneficial ownership of such securities by 5% or more over the percentage so owned by such
Person, or (b) is or becomes the Beneficial Owner, directly or indirectly,

  
of securities of the Corporation representing 33% or more of the combined voting power of the Corporation's then outstanding Voting Securities; excluding for purposes of both (a) and (b) above any
Person who becomes such a Beneficial Owner in connection with a transaction described in clause (a) of paragraph (iii) below and further excluding as Persons under this Section (f)(i) any
Grandfathered Persons (as such term is defined in the Corporation's Rights Agreement dated as of August 31, 1998); or 

                (ii)  the
following individuals cease for any reason to constitute a majority of the number of directors then serving: individuals who, as of the date hereof,
constitute the Board and any new director (other than a director whose initial assumption of office is in connection with an actual or threatened election contest, including but not limited to a
consent solicitation, relating to the election of directors of the Corporation) whose appointment or election by the Board or nomination for election by the Corporation's stockholders was approved or
recommended by a vote of at least two-thirds (2/3) of the directors then still in office who either were directors on the date hereof or whose appointment, election or nomination for election was
previously so approved or recommended; or 

                (iii)  there
is consummated a merger or consolidation of the Corporation or any direct or indirect subsidiary of the Corporation with any other Person, other
than (i) a merger or consolidation which would result in the voting securities of the Corporation outstanding immediately prior to such merger or consolidation continuing to represent (either by
remaining outstanding or by being converted into voting securities of the surviving entity or any parent thereto) at least 80% of the combined voting power of the Voting Securities of the Corporation
or such surviving entity or any parent thereof outstanding immediately after such merger or consolidation, or (ii) a merger or consolidation effected to implement a recapitalization of the Corporation
(or similar transaction) in which no Person is or becomes the Beneficial Owner, directly or indirectly, of securities of the Corporation (not including in the securities Beneficially Owned by such
Person any securities acquired directly from the Corporation or its affiliates) representing 33% or more of the combined voting power of the Corporation's then outstanding Voting Securities; or 

                (iv)  the
stockholders of the Corporation approve a plan of complete liquidation or dissolution of the Corporation or there is consummated an agreement for the
sale or disposition by the Corporation of all or substantially all of the Corporation's assets, other than a sale or disposition by the Corporation of all or substantially all of the Corporation's
assets to an entity, at least 80% of the combined voting power of the Voting Securities of which are owned by stockholders of the Corporation in similar proportions as their ownership of the
Corporation immediately prior to such sale. 

        Notwithstanding
the foregoing, a "Change in Control" shall not be deemed to have occurred by virtue of the consummation of any transaction or series of integrated transactions
immediately following which the record holders of the common stock of the Corporation immediately prior to such transaction or series of transactions continue to have substantially the same
proportionate ownership in an entity which owns all or substantially all of the assets of the Corporation immediately following such transaction or series of transactions. 

        (g)  For
purposes of this Agreement, "Independent Legal Counsel" shall mean an attorney or firm of attorneys, selected in
accordance with the provisions of Section 2(e) hereof, who shall not have otherwise performed services for the Corporation or any Indemnitee within the last three years (other
than with respect to matters concerning the right of any Indemnitee under this Agreement, or of other indemnitees under similar indemnity agreements). 

        (h)  For
purposes of this Agreement, a "Reviewing Party" shall mean any appropriate person or body consisting of a member or
members of the Corporation's Board of Directors or any other person or body appointed by the Board of Directors who is not a party to the particular Proceeding for which Indemnitee are seeking
indemnification, or Independent Legal Counsel.

 

        (i)    For
purposes of this Agreement, "Voting Securities" shall mean any securities of the Corporation that vote generally in
the election of directors. 

        2.    Indemnity of Indemnitee.    The Corporation hereby agrees to hold harmless and indemnify Indemnitee to the
fullest extent authorized or permitted by law, even if such indemnification is not specifically authorized by the other provisions of this Agreement, the Certificate, the Bylaws or by statute. in the
event of any change after the date of this Agreement in any applicable law, statute or rule which expands the right of a Delaware corporation to indemnify a member of its Board of Directors or an
officer, employee, controlling person, agent or fiduciary, it is the intent of the parties hereto that Indemnitee shall enjoy by this Agreement the greater benefits afforded by such change. in the
event of any change in any applicable law, statute or rule which narrows the right of a Delaware corporation to indemnify a member of its Board of Directors or an officer, employee, agent or
fiduciary, such change, to the extent not otherwise required by such law, statute or rule to be applied to this Agreement, shall have no effect on this Agreement or the parties' rights and obligations
hereunder. 

        (a)    Indemnification of Expenses.    The Corporation shall indemnify and hold harmless Indemnitee, together with
Indemnitee's partners, affiliates, employees, employers, agents and spouse and each person who controls any of them or who may be liable within the meaning of Section 15 of the Securities Act of 1933,
as amended (the "Securities Act"), or Section 20 of the Securities Exchange Act of 1934, as amended (the "Exchange
Act"), to the fullest extent permitted by law if Indemnitee was, is, becomes or is threatened to be made a party to a Proceeding against any and all Expenses, including all
interest, assessments and other charges paid or payable in connection with or in respect of such Expenses, incurred by Indemnitee by reason of (or arising in part out of) any event or occurrence
related to the fact that Indemnitee is or was a director, officer, employee, controlling person, agent or fiduciary of the Corporation or any subsidiary of the Corporation, or is or was serving at the
request of the Corporation as a director, officer, employee, controlling person, agent or fiduciary of another corporation, partnership, joint venture, trust or other enterprise, or by reason of any
action or inaction on the part of Indemnitee while serving in such capacity including, without limitation, any and all losses, claims, damages, expenses and liabilities, joint or several (including
any investigation, legal and other expenses incurred in connection with, and any amount paid in settlement of, any action, suit, proceeding or any claim asserted) under the Securities Act, the
Exchange Act or other federal or state statutory law or regulation, at common law or otherwise, which relate directly or indirectly to the registration, purchase, sale or ownership of any securities
of the Corporation or to any fiduciary obligation owed with respect thereto (hereinafter an "Indemnification Event"). 

        (b)    Reviewing Party.    Notwithstanding the foregoing, (i) the obligations of the Corporation under Section 2 shall
be subject to the condition that the Reviewing Party shall not have determined (in a written opinion, in any case in which the Independent Legal Counsel is involved) that Indemnitee would not be
permitted to be indemnified under applicable law, and (ii) and Indemnitee acknowledges and agrees that the obligation of the Corporation to make an advance payment of Expenses to Indemnitee pursuant
to Section 4 (an "Expense Advance") shall be subject to the condition that, if, when and to the extent that the Reviewing Party determines that
Indemnitee would not be permitted to be so indemnified under applicable law, the Corporation shall be entitled to be reimbursed by Indemnitee (who hereby agrees to reimburse the Corporation) for all
such amounts theretofore paid; provided, however, that if Indemnitee has commenced or thereafter commences legal proceedings in a court of competent jurisdiction to secure a determination that
Indemnitee should be indemnified under applicable law, any determination made by the Reviewing Party that Indemnitee would not be permitted to be indemnified under applicable law shall not be binding
and Indemnitee shall not be required to reimburse the Corporation for any Expense Advance until a final judicial determination is made with respect thereto (as to which all rights of appeal therefrom
have been exhausted or lapsed). Indemnitee's obligation to reimburse the Corporation for any Expense Advance shall be unsecured and no interest shall be charged thereon. If there has not been a Change
in Control, the Reviewing Party

  
shall be selected by the Board of Directors, and if there has been such a Change in Control, the Reviewing Party shall be the Independent Legal Counsel. If there has been no determination by the
Reviewing Party or if the Reviewing Party determines that Indemnitee substantively would not be permitted to be indemnified in whole or in part under applicable law, Indemnitee shall have the right to
commence litigation seeking an initial determination by the court or challenging any such determination by the Reviewing Party or any aspect thereof, including the legal or factual bases therefor, and
the Corporation hereby consents to service of process and to appear in any such proceeding. 

        (c)    Contribution.    If the indemnification provided for in this Section 2 for any reason is held by a court of
competent jurisdiction to be unavailable to an Indemnitee in respect of any losses, claims, damages, expenses or liabilities referred to therein, then the Corporation, in lieu of indemnifying
Indemnitee thereunder, shall contribute to the amount paid or payable by Indemnitee as a result of such losses, claims, damages, expenses or liabilities (i) in such proportion as is appropriate to
reflect the relative benefits received by the Corporation and Indemnitee, or (ii) if the allocation provided by clause (i) above is not permitted by applicable law, in such proportion as is
appropriate to reflect not only the relative benefits referred to in clause (i) above but also the relative fault of the Corporation and Indemnitee in connection with the action or inaction which
resulted in such losses, claims, damages, expenses or liabilities, as well as any other relevant equitable considerations. In connection with the registration of the Corporation's securities, the
relative benefits received by the Corporation and Indemnitee shall be deemed to be in the same respective proportions that the net proceeds from the offering (before deducting expenses) received by
the Corporation and the Indemnitee, in each case as set forth in the table on the cover page of the applicable prospectus, bear to the aggregate public offering price of the securities so offered. The
relative fault of the Corporation and Indemnitee shall be determined by reference to, among other things, whether the untrue or alleged untrue statement of a material fact or the omission or alleged
omission to state a material fact relates to information supplied by the Corporation or Indemnitee and the parties' relative intent, knowledge, access to information and opportunity to correct or
prevent such statement or omission. 

        The
Corporation and Indemnitee agree that it would not be just and equitable if contribution pursuant to this Section 2(c) were determined by pro rata or per capita allocation or by any
other method of allocation which does not take account of the equitable considerations referred to in the immediately preceding paragraph. In connection with the registration of the Corporation's
securities, in no event shall an Indemnitee be required to contribute any amount under this Section 2(c) in excess of the lesser of (i) that proportion of the total of such losses, claims, damages or
liabilities indemnified against equal to the proportion of the total securities sold under such registration statement which is being sold by Indemnitee or (ii) the proceeds received by Indemnitee
from its sale of securities under such registration statement. No person found guilty of fraudulent misrepresentation (within the meaning of Section 10(f) of the Securities Act) shall be entitled to
contribution from any person who was not found guilty of such fraudulent misrepresentation. 

        (d)    Survival Regardless of Investigation.    The indemnification and contribution provided for herein will remain
in full force and effect regardless of any investigation made by or on behalf of Indemnitee or any officer, director, employee, agent or controlling person of Indemnitee. 

        (e)    Change in Control.    After the date hereof, the Corporation agrees that if there is a Change in Control of the
Corporation then, with respect to all matters thereafter arising concerning the rights of Indemnitee to payments of Expenses under this Agreement or any other agreement or under the Corporation's
Certificate or Bylaws as now or hereafter in effect, Independent Legal Counsel shall be selected by Indemnitee and approved by the Corporation (which approval shall not be unreasonably withheld). Such
counsel, among other things, shall render its written opinion to the Corporation and Indemnitee as to whether and to what extent Indemnitee would be permitted to be indemnified under applicable law.
The Corporation agrees to abide by such opinion and to pay the reasonable fees of the

  
Independent Legal Counsel referred to above and to fully indemnify such counsel against any and all reasonable expenses (including attorneys' fees), claims, liabilities and damages arising out of or
relating to this Agreement or its engagement pursuant hereto. 

        (f)    Mandatory Payment of Expenses.    Notwithstanding any other provision of this Agreement, to the extent that
Indemnitee has been successful on the merits or otherwise, including, without limitation, the dismissal of an action without prejudice, in the defense of any action, suit, proceeding, inquiry or
investigation referred to in Section 2 or in the defense of any claim, issue or matter therein, Indemnitee shall be indemnified against all Expenses incurred by Indemnitee in connection therewith. 

        (g)    Maintenance of D&O Insurance.    The Corporation hereby covenants and agrees that, so long as the Indemnitee
shall continue to serve as a member of its Board of Directors or an officer, employee, controlling person, agent or fiduciary of the Corporation and thereafter so long as the Indemnitee shall be
subject to any possible Proceeding by reason of the fact that the Indemnitee was a member of its Board of Directors or an officer, employee, controlling person, agent or fiduciary of the Corporation,
the Corporation shall promptly obtain and maintain in full force and effect D&O Insurance in reasonable coverage amounts not lower than $10 million from established and reputable insurers. 

        (h)    Rights and Benefits.    In all policies of D&O Insurance, the Indemnitee shall be named as an insured in such a
manner as to provide the Indemnitee the same rights and benefits as are accorded to the most favorably insured of the Corporation's directors, if the Indemnitee is a director; or of the Corporation's
officers, if the Indemnitee is not a director of the Corporation but is an officer; or of the Corporation's key employees, if the Indemnitee is not a director or officer of the Corporation. 

        (i)    Security/Financial Arrangements.    To the extent requested by the Indemnitee and approved by the Corporation,
the Corporation may at any time and from time to time provide security or other financial arrangements to the Indemnitee for the Corporation's obligations hereunder through an irrevocable bank letter
of credit, funded trust, other collateral or other financial arrangement. Any such security or other financial arrangement, once provided to the Indemnitee, may not be revoked or released without the
prior written consent of the Indemnitee. 

        3.    Choice of Counsel.    If Indemnitee is not an officer of the Corporation, Indemnitee, together with the other
directors who are not officers of the Corporation (the "Outside Directors"), shall be entitled to employ, and be reimbursed for the fees and
disbursements of, counsel separate from that chosen by Indemnitees who are officers of the Corporation. The principal counsel for Outside Directors ("Principal
Counsel") shall be determined by majority vote of the Outside Directors, and the Principal Counsel for the Indemnitees who are not Outside Directors
("Separate Counsel") shall be determined by majority vote of such Indemnitees. The obligation of the Corporation to reimburse Indemnitee for the fees
and disbursements of counsel hereunder shall not extend to the fees and disbursements of any counsel employed by Indemnitee other than Principal Counsel or Separate Counsel, as the case may be,
provided that (i) indemnitee shall have the right to employ indemnitee's counsel in any such proceeding at indemnitee's expense and (ii) if (A) the employment of counsel by Indemnitee has been
previously authorized by the corporation, (B) indemnitee shall have reasonably concluded with the advice of counsel that there is a substantial possibility that Principal Counsel or Separate Counsel,
as the case may be, will have a conflict of interest in representing indemnitee, or (C) the Corporation shall not continue to retain Principal Counsel or Separate Counsel, as the case may be, to
defend such Proceeding, then the fees and expenses of Indemnitee's counsel shall be at the expense of the Corporation. 

        4.    Advances of Expenses.    Expenses (other than judgments, penalties, fines and settlements) incurred by
indemnitee shall be paid by the corporation, in advance of the final disposition of the proceeding, as soon as practicable but in any event no later than 10 days after receipt of indemnitee's written
request accompanied by substantiating documentation and indemnitee's undertaking to repay

  
such amount to the extent it is ultimately determined that indemnitee is not entitled to indemnification in accordance with the provisions of this agreement. No objections based on or involving the
question whether such charges meet the definition of "Expenses," including any question regarding the reasonableness of such expenses, shall be grounds for failure to advance to such indemnitee, or to
reimburse such indemnitee for, the amount claimed within such period, and the undertaking of indemnitee set forth in Section 6 to repay any such
amount to the extent it is ultimately determined that indemnitee is not entitled to indemnification shall be deemed to include an undertaking to repay any such amounts determined not to have met such
definition. 

        5.    Right of Indemnitee to Indemnification Upon Application; Procedure Upon Application.    Any indemnification
under this Agreement, other than pursuant to Section 4, shall be made no later than 25 days after receipt by the Corporation of the written request of
Indemnitee, accompanied by substantiating documentation. 

        (a)    Notice/Cooperation by Indemnitee.    Indemnitee shall give the Corporation notice in writing in accordance with
Section 16 of this Agreement as soon as practicable of any Proceeding made against Indemnitee for which indemnification will or could be sought under this Agreement. 

        (b)    No Presumptions; Burden of Proof.    For purposes of this Agreement, the termination of any Proceeding by
judgment, order, settlement (whether with or without court approval) or conviction, or upon a plea of nolo contendere, or its equivalent, shall not
create a presumption that Indemnitee did not meet any particular standard of conduct or have any particular belief or that a court has determined that indemnification is not permitted by applicable
law. In addition, neither the failure of the Reviewing Party to have made a determination as to whether Indemnitee has met any particular standard of conduct or had any particular belief, nor an
actual determination by the Reviewing Party that Indemnitee has not met such standard of conduct or did not have such belief, prior to the commencement of legal proceedings by Indemnitee to secure a
judicial determination that Indemnitee should be indemnified under applicable law, shall be a defense to Indemnitee's claim or create a presumption that Indemnitee has not met any particular standard
of conduct or did not have any particular belief. In connection with any determination by the Reviewing Party or otherwise as to whether Indemnitee is entitled to be indemnified hereunder, the burden
of proof shall be on the Corporation to establish that Indemnitee is not so entitled. 

        (c)    Notice to Insurers.    If, at the time of the receipt by the Corporation of a notice of a Proceeding pursuant
to Section 5(a) hereof, the Corporation has liability insurance in effect which may cover such Proceeding, the Corporation shall give prompt notice of the commencement of such Proceeding to the
insurers in accordance with the procedures set forth in each of the Corporation's policies. The Corporation shall thereafter take all necessary or desirable action to cause such insurers to pay, on
behalf of Indemnitee, all amounts payable as a result of such action, suit, proceeding, inquiry or investigation in accordance with the terms of such policies. 

        6.    Undertaking by Indemnitee.    Indemnitee hereby undertakes to repay to the Corporation any advances of Expenses
pursuant to Section 2 to the extent that it is ultimately determined that indemnitee is not entitled to indemnification in accordance with the
provisions of Section 2. 

        7.    Indemnification Hereunder Not Exclusive.    The indemnification and advancement of expenses provided by this
Agreement shall not be deemed exclusive of any other rights to which Indemnitee may be entitled under the Certificate, the DGCL, D&O Insurance, any agreement, or otherwise, both as to action in
Indemnitee's official capacity and as to action in another capacity while holding such office. However, Indemnitee shall reimburse the Corporation for amounts paid to Indemnitee pursuant to
such other rights to the extent such payments duplicate any payments received pursuant to this Agreement.

 

        8.    Continuation of Indemnity.    All agreements and obligations of the Corporation contained herein shall continue
during the period indemnitee is a director, officer, employee or agent of the Corporation (or is or was serving at the request of the Corporation as a director, officer, employee or agent of another
corporation, partnership, joint venture, trust, limited liability company or other enterprise) and shall continue thereafter so long as Indemnitee shall be subject to any possible Proceeding by reason
of the fact that Indemnitee was a member of its Board of Directors or an officer, employee, controlling person, agent or fiduciary of the Corporation or serving in any other capacity referred to
herein. 

        9.    Partial Indemnification.    If indemnitee is entitled under any provision of this agreement to indemnification
by the corporation for some or a portion of expenses, but not, however, for the total amount thereof, the corporation shall nevertheless indemnify indemnitee for the portion of such expenses to which
indemnitee is entitled. 

        10.    Mutual Acknowledgement.    The Corporation and Indemnitee acknowledge that in certain instances, Federal law or
applicable public policy may prohibit the Corporation from indemnifying its directors, officers, employees, controlling persons, agents or fiduciaries under this Agreement or otherwise. Indemnitee
understands and acknowledges that the Corporation has undertaken or may be required in the future to undertake with the Securities and Exchange Commission to submit the question of indemnification to
a court in certain circumstances for a determination of the Corporation's rights under public policy to indemnify Indemnitee. 

        11.    Period of Limitations.    No legal action shall be brought and no cause of action shall be asserted by or in
the right of the Corporation against Indemnitee, Indemnitee's estate, spouse, heirs, executors or personal or legal representatives after the expiration of three years from the Date of accrual of such
cause of action, and any claim or cause of action of the Corporation shall be extinguished and deemed released unless asserted by the timely filing of a legal action within such three-year period;
provided, however, that if any shorter period of limitations is otherwise applicable to any such cause of action, such shorter period shall govern. 

        12.    Settlement of Claims.    The Corporation shall not be liable to indemnify indemnitee under this Agreement for
any amounts paid in settlement of any Proceeding effected without the corporation's written consent. The Corporation shall not settle any proceeding in any manner which would impose any penalty or
limitation on indemnitee without indemnitee's written consent. Neither the Corporation nor Indemnitee will unreasonably withhold or delay their consent to any proposed settlement. The Corporation
shall not be liable to indemnify Indemnitee under this Agreement with regard to any judicial award if the Corporation was not given a reasonable and timely opportunity, at its expense, to participate
in the defense of such action. 

        13.    Enforcement.    

        (a)  The
Corporation expressly confirms and agrees that it has entered into this Agreement and assumed the obligations imposed on the Corporation hereby in order to induce
Indemnitee to serve as a director, officer, employee or agent of the Corporation, and acknowledges that Indemnitee is relying upon this Agreement in continuing as a director, officer, employee or
agent. 

        (b)  In
the event Indemnitee is required to bring any action or other proceeding o enforce rights or to collect monies due under this Agreement and is successful in such
action, the Corporation shall reimburse Indemnitee for all of Indemnitee's Expenses in bringing and pursuing such action. The Corporation shall be precluded from asserting in any such judicial
proceeding that the provisions of this Agreement are not valid, binding and enforceable and shall stipulate in any such proceeding that the Corporation is bound by all the provisions of this
Agreement.

 

        14.    Governing Law; Venue; Binding Effect; Amendment and Termination    

        (a)  This
Agreement shall be interpreted and enforced in accordance with the laws of the State of Delaware. 

        (b)  The
Corporation and Indemnitee each hereby irrevocably consent to the jurisdiction of the courts of the State of Colorado for all purposes in connection with any action
or proceeding which arises out of or relates to this Agreement and agree that any action instituted under this Agreement shall be commenced, prosecuted and continued only in Denver, Colorado, and each
party hereto specifically waives the right to seek transfer of any action or proceeding out of the designated forum pursuant to 28 U.S.C. Sections 1404 and 1406, any state forum  non conveniens statute
or the common law doctrine of forum non conveniens. 

        (c)  This
Agreement shall be binding upon the Corporation, its successors and assigns, and shall inure to the benefit of Indemnitee, Indemnitee's heirs, personal
representatives and assigns and to the benefit of the Corporation, its successors and assigns. 

        (d)  No
amendment, modification, termination or cancellation of this Agreement shall be effective unless in writing signed by the Corporation and Indemnitee. 

        15.    Severability.    If any provision of this Agreement shall be held to be invalid, illegal or unenforceable (a)
the validity, legality and enforceability of the remaining provisions of this Agreement shall not be in any way affected or impaired thereby, and (b) to the fullest extent possible, the provisions of
this Agreement shall be construed so as to give effect to the intent manifested by the provision held invalid, illegal or unenforceable. Each section of this Agreement is a separate and independent
portion of this Agreement. If the indemnification to which Indemnitee is entitled with respect to any aspect of any claim varies between two or more sections of this Agreement, that section providing
the most comprehensive indemnification shall apply. 

        16.    Notice.    Notice to the Corporation shall be directed to CIBER, Inc., Attention: Chief Executive Officer.
Notice to Indemnitee shall be directed to the address set forth under Indemnitee's signature hereto. The foregoing addresses may be changed from time to time by the addressee upon notice to the other
parties. Notice shall be deemed received three days after the date postmarked if sent by prepaid mail, properly addressed. 

        17.    Counterparts.    This Agreement executed in any number of counterparts and by different parties on separate
counterparts, each of which, when executed and delivered, shall be deemed to be an original, and all of which, when taken together, shall constitute but one and the same Agreement. Delivery of an
executed counterpart of this Agreement by telefacsimile shall be equally as effective as delivery of a manually executed counterpart of this Agreement. Any party delivering an executed counterpart of
this Agreement by telefacsimile also shall deliver a manually executed counterpart of this Agreement but the failure to deliver a manually executed counterpart shall not affect the validity,
enforceability, and binding effect of this Agreement. 

        18.    Attorneys' Fees.    In the event that any action is instituted by Indemnitee under this Agreement or under any
liability insurance policies maintained by the Corporation to enforce or interpret any of the terms hereof or thereof, Indemnitee shall be entitled to be paid all Expenses incurred by Indemnitee with
respect to such action if Indemnitee is ultimately successful in such action, and shall be entitled to the advancement of Expenses with respect to such action, unless, as a part of such action, a
court of competent jurisdiction over such action determines that the material assertions made by Indemnitee as a basis for such action were not made in good faith or were frivolous. In the event of an
action instituted by or in the name of the Corporation under this Agreement to enforce or interpret any of the terms of this Agreement, Indemnitee shall be entitled to be paid all Expenses incurred by
indemnitee in defense of such action (including costs and expenses incurred with respect to Indemnitee counterclaims and cross-claims made in such action), and shall be entitled to the

  
advancement of Expenses with respect to such action, unless, as a part of such action, a court having jurisdiction over such action determines that the Indemnitee's material defenses to such action
were made in bad faith or were frivolous. 

        19.    No Construction as Employment Agreement.    Nothing contained in this Agreement shall be construed as giving
the Indemnitee any right to be retained in the employ of the Corporation or any of its subsidiaries. 

        20.    Subrogation.    In the event of any payment under this Agreement, the Corporation shall be subrogated to the
extent of such payment to all of the rights of recovery of the Indemnitee, who shall execute all papers required and take all action necessary to secure such rights, including, but not limited to, the
execution of any documents necessary to enable the Corporation effectively to bring suit to enforce such rights. 

        21.    No Duplication of Payments.    The Corporation shall not be liable under this Agreement to make any payment in
connection with any claim made against the indemnitee to the extent the Indemnitee has otherwise received payment (under any insurance policy, the Bylaws, the Certificate, or otherwise) of amounts
otherwise indemnifiable hereunder. 

[SIGNATURE PAGE FOLLOWS]

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

	 	 	CIBER, INC.
	

 	
 	

By:	

    

	 	 	Name:
	 	 	Title:
	

 	
 	
INDEMNITEE
	

 	
 	

    

	 	 	Name:	    

	 	 	Address:	    

	 	 	    

	 	 	    

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Exhibit 10.19

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  TABLE OF CONTENTS

Exhibit 10.20  

OFFICE BUILDING LEASE  

          BUILDING ONE DTC LIMITED PARTNERSHIP,

a Colorado limited partnership

(as Landlord)  

 and  

 CIBER, INC.,

a Delaware corporation

(as Tenant)  

February 1, 2003 

 

TABLE OF CONTENTS    
  

 

	 

	1. DEFINITIONS
	2. PREMISES; EXISTING LEASE
	3. RENT
	4. COMPLETION OR REMODELING OF THE PREMISES
	5. OPERATING EXPENSES
	6. SERVICES
	7. QUIET ENJOYMENT
	8. SECURITY DEPOSIT
	9. USE
	10. ALTERATIONS AND REENTRY BY LANDLORD
	11. ALTERATIONS AND REPAIRS BY TENANT
	12. MECHANICS' LIENS
	13. SUBLETTING AND ASSIGNMENT
	14. DAMAGE TO PROPERTY AND INDEMNITY BY TENANT
	15. INSURANCE AND WAIVER OF SUBROGATION
	16. SURRENDER AND NOTICE
	17. ACCEPTANCE OF PREMISES BY TENANT
	18. CASUALTY AND RESTORATION OF PREMISES
	19. CONDEMNATION
	20. DEFAULT BY TENANT
	21. SUBORDINATION AND ATTORNMENT
	22. HOLDING OVER: TENANCY MONTH-TO-MONTH
	23. PAYMENTS AFTER TERMINATION
	24. STATEMENT OF PERFORMANCE
	25. MISCELLANEOUS
	26. AUTHORITIES FOR ACTION AND NOTICE
	27. LENDER'S APPROVAL [This Article has been deliberately omitted.]
	28. BROKERAGE
	29. TIME OF ESSENCE
	30. EXHIBITS
	31. SIGNAGE

	Exhibits:
 
	 	 

	Exhibit A–1	 	Space on the 15th Floor
	Exhibit A–2	 	The 14th Floor
	Exhibit A–3	 	Space on the 12th Floor
	Exhibit A–4	 	Space on the 6th Floor
	Exhibit A–5	 	The 15th Floor Expansion Premises
	Exhibit A–6	 	The 7th Floor Expansion Premises
	Exhibit A–7	 	The First 6th Floor Expansion Premises
	Exhibit A–8	 	The Second 6th Floor Expansion Premises
	Exhibit B        	 	Legal Description of the Real Property
	Exhibit C	 	Work Letter
	Exhibit D	 	Rules and Regulations
	Exhibit E	 	Parking

  

OFFICE BUILDING LEASE  

        THIS LEASE is made this 1st day of February, 2003, by and between BUILDING ONE DTC LIMITED PARTNERSHIP, a Colorado limited partnership
("Landlord") and CIBER, INC., a Delaware corporation ("Tenant"). 

 
 

1.    DEFINITIONS    
  

        In addition to other terms which are defined elsewhere in this Lease, the terms defined in the following subparagraphs of this Paragraph 1 shall have the
meanings set forth in such subparagraph whenever used in this Lease with the first letter of each word capitalized. 

        A.    "Base Operating Expenses" shall mean an amount equal to the actual Operating Expenses for the Building Complex for the
calendar year: 

        (1)  1997,
for the Existing Premises (as that term is defined in Paragraph 1.I) through December 31, 2003; 

        (2)  2003,
for the 15th Floor Expansion Premises (as that term is defined in Paragraph 1.I) through December 31, 2003; and 

        (3)  2004,
for the Premises except the 12th Floor Space (as those terms are defined in Paragraph 1.I) commencing January 1, 2004. 

        B.    "Base Rent" shall mean: 

	Period
 
	 	Monthly Amount

	February 1, 2003 up to and including April 30, 2003	 	$	58,036.16
	May 1, 2003 up to and including December 31, 2003	 	$	62,335.33
	January 1, 2004 up to and including December 31, 2004	 	$	103,030.81
	January 1, 2005 up to and including November 30, 2005	 	$	104,368.88
	December 1, 2005 up to and including December 31, 2005	 	$	112,692.13
	January 1, 2006 up to and including December 31, 2008	 	$	114,136.90

        The
Base Rent includes Base Operating Expenses. 

        C.    "Building" shall mean the building known as One DTC located at 5251 DTC Parkway, Greenwood Village, Colorado. 

        D.    "Common Areas" shall mean those portions of the Building Complex which are made available on a non-exclusive
basis for general use in common of tenants, their employees, agents and invitees. Landlord shall have the right from time to time to change the location or character of and to make alterations of or
additions to the Common Areas, and to repair and reconstruct the Common Areas. 

        E.    "Existing Lease" shall mean the Office Building Lease dated June 6, 1997 between Landlord and Tenant, as amended by
Amendment Number One to Lease Agreement dated February 21, 1996, a First Amendment to Lease dated November 17, 1997, a Second Amendment to Lease dated August 19, 1998, a Third
Amendment to Lease dated October 7, 1998, and a Fourth Amendment to Lease dated October 1, 2001. 

        F.    "Landlord's Notice Address" shall mean 5251 DTC Parkway, Suite 275, Greenwood Village, CO 80111, or such other address as
Landlord may from time to time designate. 

        G.    "Lease Term" Subject to the provisions of Paragraph 4.A, the term of the Lease shall commence as to: 

        (1)  the
Existing Premises, on February 1, 2003;

 

        (2)  the
15th Floor Expansion Premises, on May 1, 2003; 

        (3)  the
7th Floor Expansion Premises, on January 1, 2004; 

        (4)  the
First 6th Floor Expansion Premises, on January 1, 2004; and 

        (5)  the
Second 6th Floor Expansion Premises, on December 1, 2005. 

The
Lease Term will end on December 31, 2008, subject to Paragraph 4. 

        H.    "Lease Year" shall mean each twelve (12) month period beginning with the date the Lease Term commences, or any
anniversary thereof, and ending on the preceding date one (1) year later. 

        I.    "Premises" shall mean: 

        (1)  the
Existing Premises which means: 

        (a)  fourteen
thousand one hundred fifty six (14,156) rentable square feet on the 15th Floor depicted on Exhibit A-1; 

        (b)  the
entire 14th Floor comprised of sixteen thousand six hundred ninety nine (16,699) rentable square feet depicted on Exhibit A-2; 

        (c)  four
thousand one hundred fifty (4,150) rentable square feet on the 12th Floor depicted on Exhibit A-3 (the
"12th Floor Space"); and 

        (d)  (d)
three thousand five hundred four (3,504) rentable square feet on the 6th Floor depicted on Exhibit A-4; 

        (2)  the
15th Floor Expansion Premises which means an area comprised of 2,680 rentable square feet depicted on Exhibit A-5; 

        (3)  the
7th Floor Expansion Premises which means an area comprised of 17,907 rentable square feet depicted on Exhibit A-6; 

        (4)  the
First 6th Floor Expansion Premises which means 9,281 rentable square feet depicted on Exhibit A-7; and 

        (5)  the
Second 6th Floor Expansion Premises which means 5,122 rentable square feet depicted on Exhibit A-8. 

        J.    "Rentable Area" shall mean 226,609 square feet which is all rentable space available for lease in the Building. If there
is a significant change in the aggregate Rentable Area as a result of an addition to the Building, partial destruction thereof, modification to Building design, or similar cause which causes a
reduction or increase thereto on a permanent basis, Landlord shall make such adjustment in the computations as shall be necessary to provide for any such change. Tenant agrees that the Rentable Area
may be recalculated in the event that the Building and/or Premises is remeasured. Notwithstanding such remeasurement, Tenant's Pro Rata Share and Base Rent shall not be increased or decreased during
the Lease Term. 

        K.    "Tenant's Notice Address" shall mean 5251 DTC Parkway, Suite 1400, Greenwood Village, Colorado 80111, Attention: Pong
Suvarnasorn, with a copy to CIBER Vice President and General Counsel at the same address. 

        L.    "Tenant's Permitted Use" shall mean business office use. 

        M.  "Tenant's Pro Rata Share" shall mean sixteen and nine hundred ninety four thousandths percent (16.994%) as of
February 1, 2003. Tenant's Pro Rata Share will be increased to eighteen and one hundred seventy six thousandths percent (18.176%) on the commencement of the Lease Term for the
15th Floor Expansion Premises. In addition, Tenant's Pro Rata Share will be increased by: seven and

  
nine hundred two thousandths percent (7.902%) when the 7th Floor Expansion Premises are added to the Premises; four and ninety six thousandths percent 4.096%) when the First
6th Floor Expansion Premises are added to the Premises; and two and two hundred sixty thousandths percent (2.260%) when the Second 6th Floor Expansion Premises are added to
the Premises. Tenant's Pro Rata Share will be decreased by one and eight hundred thirty one thousandths percent (1.831%) when the 12th Floor Space is surrendered pursuant to
Paragraph 2.D. 

 
 

2.    PREMISES; EXISTING LEASE    
  

        A.    In
consideration of the payment of rent and the keeping and performance of the covenants and agreements by Tenant, as hereinafter set forth, Landlord hereby leases and
demises unto Tenant the Premises, together with a non-exclusive right, subject to the provisions hereof, to use all appurtenances thereto, including, but not limited to, any plazas, Common
Areas, or other areas on the Real Property (described more particularly on Exhibit B) designated by Landlord for the exclusive or
non-exclusive use of the tenants of the Building. The Building, Real Property, plazas, Common Areas, other areas, and appurtenances are hereinafter collectively sometimes called the
"Building Complex." 

        B.    Landlord
will offer Tenant storage space in the Building that comes available from time to time before it offers the storage space to other tenants of the Building and,
if Tenant accepts Landlord's offer within five (5) business days after its receipt, Landlord will lease the storage space to Tenant at its then current rate and otherwise according to
Landlord's then standard storage space agreement. 

        C.    The
Existing Premises are subject to the Existing Lease. The Existing Lease will end on February 1, 2003 except as to the rights and obligations of Landlord and
Tenant to one another that have accrued as of that date or survive the Existing Lease by its terms or by law. 

        D.    Tenant
will occupy the 12th Floor Space pursuant to the Existing Lease until February 1, 2003 after which it will occupy the 12th Floor
Space pursuant to this Lease. Tenant will surrender the 12th Floor Space on December 31, 2003 in accordance with this Lease. 

 
 

3.    RENT    
  

        Tenant shall begin to pay the Base Rent on the date the Lease Term commences and shall continue to pay on the first day of each month thereafter during the term
hereof. All rents shall be paid in advance, without notice, set off, abatement, counterclaim, deduction or diminution, at Landlord's Notice Address, or at such place as Landlord from time to time
designates in writing. In addition, Tenant shall pay to Landlord Tenant's Pro Rata Share of increases in Operating Expenses as provided herein and such other charges as are required by the terms of
this Lease to be paid by Tenant which shall be referred to herein as "Additional Rent." Landlord shall have the same rights as to the Additional Rent as
it has in the payment of Base Rent. 

 
 

4.    COMPLETION OR REMODELING OF THE PREMISES    
  

        A.    If
the Premises have never been occupied and are not completed as of the date this Lease is entered into and Landlord has agreed to complete the same to any extent or the
Premises have previously been occupied, but Landlord has agreed to perform remodeling work thereon, provisions with respect to such completion or remodeling will be set forth in a work letter to be
executed between Landlord and Tenant concurrently herewith (the "Work Letter") the form of which is attached hereto as  Exhibit C. Other than as set
forth in the Work Letter, Landlord shall have no obligations for the completion or remodeling of the Premises, and
Tenant shall accept the Premises in their "as is" condition on the date the Lease Term commences. The Premises are to be improved in phases according to the Work Letter; in this Paragraph 4.A,
references to the "Premises" mean the relevant phase of the Premises according to the Work Letter. If the Premises are not "Ready for Occupancy," as

  
hereafter defined, on the date the Lease Term is to begin, Tenant's obligation to pay the Base Rent, its Pro Rata Share of increases in Operating Expenses, and other sums owing hereunder shall not
commence until the Premises are Ready for Occupancy, provided, however, from the effective date hereof, other than the payment of rent, this Lease, and all of the covenants, conditions, and agreements
herein contained shall be in full force and effect. The postponement of Tenant's obligation to pay rent and other sums herein provided to be paid by Tenant for such period prior to the delivery of the
Premises to Tenant, Ready for Occupancy, as hereinafter defined, shall be in full settlement of all claims which Tenant might otherwise have by reason of the Premises not being Ready for Occupancy on
the date the Lease Term is scheduled to begin. However, if Tenant takes possession of all or any part of the Premises prior to the date the Premises are Ready for Occupancy for the purpose of
conducting its usual business therein, all terms and provisions of this Lease shall apply, including the obligations for the payment of all rent, and other amounts owing hereunder.
"Ready for Occupancy" as used herein shall mean the date that Landlord shall have substantially completed the Premises or any remodeling work to be
performed by Landlord, to the extent agreed to in the Work Letter. The later of the date of the certificate of occupancy or the certificate of the architect (or other representative of Landlord and
Tenant) in charge of supervising the completion or remodeling of the Premises shall control conclusively the date upon which the Premises are Ready for Occupancy, and the obligation to pay rent begins
as of such date. In addition to the above, if Landlord is delayed in delivering the
Premises to Tenant due to the failure of a prior occupant to vacate the same, then the obligation for the payment of rent and the commencement of the term hereof shall also be postponed, as
hereinabove set forth, and such postponement shall be in full settlement of all claims which Tenant may otherwise have by reason of such delay of delivery. 

        B.    If
the commencement of the Lease Term is delayed pursuant to subparagraph A above, and such commencement date would occur on other than the first day of the month, the
commencement date of the Lease Term shall be further delayed until the first day of the following month and Tenant shall pay proportionate rent at the same monthly rate set forth herein (also in
advance) for such partial month. In the event said commencement date is so delayed as a result of Net Tenant Delay pursuant to Exhibit C, the expiration of the term hereof shall be extended so
that the Lease Term will continue for the full period set forth in Paragraph 1 hereof, but, if it is delayed as a result of a Net Landlord Delay, the expiration of the Lease Term shall not be
extended. As soon as the Lease Term commences, Landlord and Tenant shall execute an addendum to this Lease, if requested by either party, setting forth the exact date on which the Lease Term commenced
and the expiration date of the Lease Term. 

        C.    Tenant
may not install glass entryways without obtaining the prior written permission of Landlord, which may be granted or denied on Landlord's sole discretion. Tenant
shall install the glass entryways using complete design plans for the glass entryway (the "Entryway Plans") as provided by Landlord and complete the
installation work using Landlord's Contractor. No changes in the Entryway Plans are permitted. Additionally, Landlord may deny the installation of the glass entryway if the appearance of Tenant's
Premises visible from the exterior of the entryway does not meet with Landlord's approval, in Landlord's sole opinion. Landlord retains the right from time to time to notify Tenant of Landlord's
objection to the appearance of the Premises, including any area visible from outside the Premises by and through the glass entryway, and Tenant agrees to alter the Premises in accordance with
Landlord's demands. The installation cost of any such glass entryway, and alterations to the Premises at the request of Landlord shall be at the sole expense of Tenant.

 

 
 

5.    OPERATING EXPENSES    
  

        A.    Definitions. In addition to terms hereinabove defined, the following terms shall have the following meanings with respect
to the provisions of this Lease: 

        (1)  Landlord
has not made any representation or given Tenant any assurances that the Base Operating Expenses will equal or approximate the actual Operating Expenses for any
Lease Year during the Lease Term, or any extension thereof, including the first Lease Year. 

        (2)  If
the Lease Year is not concurrent with the calendar year, Landlord shall, at any time during the Lease Term, or any extensions thereof, make all adjustments provided
for in this Paragraph 5 on a calendar year basis with an appropriate proration for the Lease Year in which such conversion is made and in which the term ends and all references in this
Paragraph 5 only to "Lease Year" shall thereafter be deemed to refer to "calendar year." 

        (3)  "Operating Expenses" shall mean all operating expenses of any kind or nature which are necessary, ordinary, or
customarily incurred in connection with the operation and maintenance of the Building Complex as determined by Landlord on an accrual basis. Operating Expenses shall include, but not be limited to: 

        (a)  All
real property taxes and assessments levied against the Building Complex by any governmental or quasi-governmental authority. The foregoing shall include any taxes,
assessments, surcharges, or service or other fees of a nature not presently in effect which shall hereafter be levied on the Building Complex as a result of the use, ownership or operation of the
Building Complex or for any other reason, whether in lieu of or in addition to, any current real estate taxes and assessments; provided, however, any taxes which shall be levied on the rentals of the
Building Complex shall be determined as if the Building Complex were Landlord's only property and, provided further, that in no event shall the term "taxes or assessments," as used herein, include any
net federal or state income taxes levied or assessed on Landlord, unless such taxes are a specific substitute for real property taxes. Such term shall, however, include gross taxes on rentals.
Expenses incurred by Landlord for tax consultants and in contesting the amount or validity of any such taxes or assessments shall be included in such computations (all of the foregoing are
collectively referred to herein as the "Taxes"). "Assessment" shall include so-called
special assessments, license tax, business license fee, business license tax, commercial rental tax, levy, charge, penalty or tax, imposed by any authority having the direct power to tax, including
any city, county, state or federal government, or any school, agricultural, lighting, water, drainage or other improvement or special district thereof, against the Premises, the Building or Building
Complex or any legal or equitable interest of Landlord therein. For the purposes of this Lease, any special assessments shall be deemed payable in such number of installments as is permitted by law,
whether or not actually so paid. 

        Notwithstanding
anything to the contrary contained herein, Tenant shall pay before delinquency any and all taxes, assessments, license taxes and other charges levied, assessed or imposed
and which become payable during the Lease Term upon Tenant's operations at, occupancy of, or conduct of business at the Premises or upon equipment, furniture, appliances, trade fixtures and other
personal property of any kind installed or located at the Premises. If Tenant shall install or cause Landlord to install special tenant improvements such as, but not limited to, private elevators,
escalators, interior staircases or other fixtures and fittings which caused an increase in the assessed value of the Building, then Tenant shall also pay as Additional Rent all of the taxes reasonably
allocable to such extraordinary improvements. If the taxing authorities fail to render a separate tax bill with respect to such improvements, Landlord shall allocate a reasonable portion of such taxes
on the Building to such improvements.

 

        (b)  Costs
of supplies, including, but not limited to, the cost of relamping all Building Standard tenant lighting as the same may be required from time to time; 

        (c)  Costs
incurred in connection with obtaining and providing energy for the Building Complex, including, but not limited to, costs of natural gas, electricity, and fuel
oils or any other energy sources; 

        (d)  Costs
of water and sanitary and storm drainage services; 

        (e)  Costs
of janitorial and security services; 

        (f)    Costs
of general maintenance and repairs, including costs under HVAC and other mechanical maintenance contracts; and repairs and replacements of equipment used in
connection with such maintenance and repair work; 

        (g)  Costs
of maintenance of landscaping; 

        (h)  Insurance
premiums, including fire and all-risk coverage, together with loss of rent endorsement; the part of any claim required to be paid under the
deductible portion of any insurance policy carried by Landlord in connection with the Building Complex (where Landlord is unable to obtain insurance without such deductible from a major insurance
carrier at reasonable rates), public liability insurance; and any other insurance carried by Landlord on the Building Complex or any component parts thereof (all such insurance shall be in such
amounts as may be required by any Mortgagee [as defined in subparagraph 24.H hereof] or as Landlord may reasonably determine); 

        (i)    Labor
costs, including wages and other payments, costs to Landlord of workmen's compensation and disability insurance, payroll taxes, welfare, fringe benefits; 

        (j)    Professional
building management fees, which will not exceed customary fees for other similar buildings in the market; 

        (k)  Legal,
inspection, and other consultation fees (including fees charged by consultants retained by Landlord for services that are designed to produce a reduction in
Operating Expenses or to reasonably improve the operation, maintenance or state of repair of the Building Complex) incurred in the
ordinary course of operating the Building Complex; and costs incurred by Landlord in engaging experts or other consultants to assist in making the computations required hereunder; 

        (l)    The
costs of capital improvements and structural repairs and replacements made in or to the Building Complex in order to conform to changes subsequent to the Lease
Commencement Date in any applicable laws, ordinances, rules, regulations, or orders of any governmental or quasi-governmental authority having jurisdiction over the Building Complex (herein
"Required Capital Improvements"); the costs of any capital improvements and structural repairs and replacements designed primarily to reduce Operating
Expenses (herein "Cost Savings Improvements"). The expenditures for Required Capital Improvements and Cost Savings Improvements shall be amortized at a
market rate of return over the useful life of such capital improvement or structural repair or replacement (as determined by Landlord) provided that the amortized amount of any Cost Savings
Improvement shall be limited in any year to the reduction in Operating Expenses as a result thereof. 

        (4)  "Operating Expenses" shall not include: (i) Costs of work, including painting and decorating and tenant change
work, which Landlord performs for any tenant or in any tenant's space in the Building other than work of kind and scope which Landlord would be obligated to furnish to all tenants; (ii) Costs
of repairs or other work occasioned by fire, windstorm or other insured casualty to the extent of insurance proceeds received; (iii) Leasing commissions, advertising

  
expenses, and other costs incurred in leasing space in the Building; (iv) Costs of repairs or rebuilding necessitated by condemnation; (v) Any interest on borrowed money or debt
amortization, except as specifically set forth above; (vi) Depreciation on the Building; or (vii) any other cost to be reimbursed by other tenants. 

        B.    If
any increase occurs in Operating Expenses during any Lease Year during the Lease Term, or any extension thereof, including the first Lease Year, in excess of the Base
Operating Expenses, Tenant shall pay to Landlord Tenant's Pro Rata Share of the amount of such increase. All amounts required to be paid by Tenant as a result of any such increase shall be paid within
forty five (45) days following billing therefor by Landlord. In addition to the foregoing, it is agreed that, during each Lease Year beginning with the first month of the second Lease Year and
continuing each month thereafter during the Lease Term, or any extension thereof, Tenant shall pay to Landlord, at the same time as the Base Rent is paid, an amount equal to one-twelfth
(1/12) of Landlord's estimate (as determined by Landlord) of Tenant's Pro Rata Share of any projected increases in the Operating Expenses for the particular Lease Year in excess of the
Base Operating Expenses, with a final adjustment to be made between the parties at a later date for said Lease Year in accordance with the procedures set forth herein. 

        (1)  As
soon as practicable following the end of each Lease Year during the Lease Term, or any extension thereof, including the first Lease Year, Landlord shall submit to
Tenant a statement prepared by a representative of Landlord setting forth the exact amount of Tenant's Pro Rata Share of the increase, if any, of the Operating Expenses for the Lease Year just
completed over the Base Operating Expenses. Beginning with said statement for the second Lease Year, it shall also set forth the difference, if any, between Tenant's actual Pro Rata Share of the
increase in Operating Expenses for such Lease Year just completed and the estimated amount of Tenant's Pro Rata Share of such increase
on the basis of which Tenant's monthly rent was computed for such particular Lease Year. Each such statement shall also set forth the projected increase, if any, in Operating Expenses for the new
Lease Year over the Base Operating Expenses and the corresponding increase or decrease in Tenant's monthly rent for such new Lease Year above or below the rental paid by Tenant for the immediately
preceding Lease Year computed in accordance with the foregoing provisions; provided, however, in no event will the rental to be paid by Tenant hereunder ever be less than the Base Rent as it is to be
adjusted for such Lease Year. 

        (2)  To
the extent that Tenant's Pro Rata Share of the increase in Operating Expenses for the period covered by such statement is different from the estimated amount upon
which Tenant paid rent during the Lease Year just completed (or for the first Lease Year reflects an increase over the Base Operating Expenses), Tenant shall pay to Landlord the difference within
forty five (45) days following receipt by Tenant of such statement from Landlord or receive a credit on the next months' rental owing hereunder, as the case may be. Until Tenant receives such
statement, Tenant's monthly rent for the new Lease Year shall continue to be paid at the rate paid for the particular Lease Year just completed, but Tenant shall commence payment to Landlord of the
monthly installments of rent on the basis of said statement beginning on the first day of the month following the month in which Tenant receives such statement. Moreover, Tenant shall pay to Landlord
or deduct from the rent, as the case may be, on the date required for the first payment of rent, as adjusted, the difference, if any, between the monthly installments of rent so adjusted for the new
Lease Year and the monthly installments of rent actually paid during the new Lease Year. 

  

        (3)  If,
during any particular Lease Year, there is a change in the information on which Landlord based the estimate upon which Tenant is then making its estimated rental
payments so that such estimate furnished to Tenant is no longer accurate, Landlord shall be permitted to revise such estimate by notifying Tenant and there shall be such adjustments made in the
monthly rental on the first day of the month following the serving of such statement on Tenant as shall be necessary by either increasing or decreasing, as the case may be, the amount of monthly rent
then being paid by Tenant for the balance of the Lease Year (but in no event shall any such decrease result in a reduction of the rent below the Base Rent and all amounts of Additional Rent, as
adjusted for such Lease Year), as well as an appropriate adjustment in cash based upon the amount theretofore paid by Tenant during such particular Lease Year pursuant to the prior estimate. 

        C.    Landlord's
and Tenant's responsibilities with respect to the Operating Expense adjustment described herein shall survive the expiration or early termination of this
Lease, and Landlord shall have the right to retain the Security Deposit, or so much thereof as it deems necessary, to secure such payment attributable to the year in which this Lease terminates. If
the Lease is in effect for less than a full calendar year during the last Lease Year of the term, Tenant's Pro Rata Share for such partial year shall be calculated within sixty (60) days after
the end of the partial year by proportionately reducing the Base Operating Expenses to reflect the number of months in such year during which the Lease was in effect (the
"Adjusted Base Operating Expenses"). The Adjusted Base Operating Expenses shall then be compared with the actual Operating Expenses for the said partial
year to determine the amount, if any, of any increase or decrease (which credit will be paid to Tenant within forty five (45) days after it is determined) in the actual Operating Expenses for
such partial year over the Adjusted Base Operating Expenses. 

        D.    If
Tenant shall dispute the amount of an adjustment submitted by Landlord or the proposed estimated increase or decrease on the basis of which Tenant's rent is to be
adjusted as provided in subparagraph B above, Tenant shall give Landlord written notice of such dispute within forty five (45) days after Landlord advises Tenant of such adjustment or proposed
increase or decrease. If Tenant does not give Landlord such notice within such time, Tenant shall have waived its right to dispute the amounts so determined. If Tenant timely objects, Tenant shall
have the right to engage its own certified public accountants ("Tenant's Accountants") for the purpose of verifying the accuracy of the statement
complained of or the reasonableness of the estimated increase or decrease. If Tenant's Accountants determine that an error has been made, Landlord and Tenant's Accountants shall endeavor to agree upon
the matter, failing which the parties shall settle the dispute by judicial action or in such other manner as they agree. All costs incurred by Tenant in obtaining its own accountants shall be paid for
by Tenant unless Tenant's Accountants disclose an error, acknowledged by Landlord (or found to have occurred in a judicial action), of more than five percent (5%) in the computation of the total
amount of Operating Expenses as set forth in the statement submitted by Landlord which is challenged, in which event Landlord shall pay the reasonable costs incurred by Tenant in obtaining such audit
(excluding any charges billed on a contingency fee basis). Notwithstanding the pendency of any dispute
over any particular statement, Tenant shall continue to pay Landlord the amount of the adjusted monthly installments of rent determined by Landlord until the adjustment has been determined to be
incorrect as aforesaid. A delay by Landlord in submitting any statement contemplated herein for any Lease Year shall not affect the provisions of this Paragraph 5 or constitute a waiver of
Landlord's rights as set forth herein for said Lease Year or any subsequent Lease Years during the Lease Term and any extensions thereof. 

        E.    Notwithstanding
anything contained herein to the contrary, if any lease entered into by Landlord with any tenant in the Building provides for a separate basis of
computation for any Operating Expenses with respect to its leased premises, then, to the extent that Landlord determines that an adjustment should be made in making the computations herein provided
for, Landlord shall be

  
permitted to modify the computation of Base Operating Expenses, Rentable Area, and Operating Expenses for a particular Lease Year, in order to eliminate or otherwise modify any such expenses which
are paid for in whole or in part by such tenant. Furthermore, in making any computations contemplated hereby, Landlord shall also be permitted to make such adjustments and modifications to the
provisions of this Paragraph 5 as may be reasonably necessary to achieve the intention of the parties hereto. 

        F.    In
the event the Rentable Area is not fully occupied during any particular Lease Year, Landlord shall adjust those Operating Expenses which are affected by the occupancy
rates for the particular Lease Year or portion thereof, as the case may be, to reflect an occupancy of not less than ninety-five percent (95%) of all such Rentable Area. 

 
 

6.    SERVICES    
  

        A.    Subject
to the provisions of subparagraph D below, Landlord, without charge, except as provided herein, and in accordance with standards from time to time prevailing for
the Building, agrees: (1) to furnish running water at those points of supply for general use of tenants of the Building; (2) to furnish to public areas of the Building Complex heated or
cooled air (as applicable), electrical current, janitorial services, and maintenance to the extent Landlord deems necessary; (3) to furnish during Ordinary Business Hours, as hereinafter
defined, such heated or cooled air to the Premises as may, in the judgment of Landlord, be reasonably required for the comfortable use and occupancy of the Premises, provided that the recommendations
of Landlord's engineer regarding occupancy and use of the Premises are complied with by Tenant and, with respect to cooled air, provided the same is used only for standard office use; (4) to
furnish, subject to availability and capacity of building systems, unfiltered, treated cooling tower water for use in Tenant's packaged HVAC systems, provided that such systems are equipped with
Landlord-approved strainers, pumping systems and controls, and that such systems are connected only after approval of Landlord's engineer; (5) to provide, during Ordinary Business Hours, the
general use of passenger elevators for ingress and egress to and from the Premises (at least one such elevator shall be available at all times, except in the case of emergencies or repair);
(6) to provide janitorial services for the Premises (including such window washing of the outside of exterior windows as may, in the judgment of Landlord, be reasonably required), such
janitorial services shall be provided after Ordinary Business Hours on Monday through Friday only, except for Legal Holidays; and (7) to cause electric current to be supplied to the Premises
for all of Tenant's Standard Electrical Usage, as hereinafter defined. "Tenant's Standard Electrical Usage," as used herein, shall mean and refer to
electrical usage for standard lighting and ordinary office usage including desk top office machines based upon 0.00075 KVA (0.75 Watt) per hour per rentable square foot of the Premises.
"Ordinary Business Hours," as used herein, shall mean and refer to 7:00 a.m. to 6:00 p.m. Monday through Friday and 8:00 a.m. to
1:00 p.m. on Saturdays, Legal Holidays excepted. "Legal Holidays," as used herein, shall mean New Year's Day, Presidents' Day, Memorial Day,
Independence Day, Labor Day, Thanksgiving Day, Christmas Day, and such other national holidays as may hereafter be established by the United States Government. 

        B.    "Excess Usage" shall be defined as any service usage (1) during other than Ordinary Business Hours; or
(2) in an amount in excess of Tenant's Standard Electrical Usage; or (3) for "Special Equipment"; or (4) for standard HVAC services during other than Ordinary Business Hours.
"Special Equipment," as used herein, shall mean (i) any equipment consuming more than 0.5 kilowatts as rated capacity, (ii) any equipment
requiring a voltage other than 120 volts, single phase, or (iii) equipment that requires the use of self-contained HVAC units. Tenant shall reimburse Landlord for reasonable costs
incurred by Landlord in providing services for Excess Usage. Such reasonable costs will include Landlord's costs for materials, additional wear and tear on equipment, utilities, and labor (including
fringe and overhead costs). The current actual cost for HVAC services outside Ordinary Business Hours is Thirty Five Dollars ($35.00) per hour per floor and is subject to adjustment from time to

  
time. Computation of Landlord's cost for providing such services will be made by Landlord's engineer, based on his engineering survey of Tenant's Excess Usage. Tenant shall also reimburse Landlord
for all costs of supplementing the Building HVAC System and/or extending or supplementing any electrical service, as Landlord may determine is necessary, as a result of Tenant's Excess Usage. Prior to
installation or use by Tenant of any equipment which will result in Excess Usage or operation of the Premises for extended hours on an ongoing basis, Tenant shall notify Landlord of such intended
installation or use and obtain Landlord's consent therefor. In addition, Landlord may, at Tenant's sole cost and expense, install a check meter or flow meter, or both, to assist in determining the
cost to Landlord of Tenant's Excess Usage. Tenant shall give Landlord not less than twenty-four (24) hours prior notice of Tenant's desire for HVAC services outside Ordinary
Business Hours. 

        C.    If
Tenant requires janitorial services other than those required to be provided to other tenants of the Building Complex generally, Tenant shall separately pay for such
services monthly upon billings by Landlord, or Tenant shall, at Tenant's option, separately contract for such services with the same company furnishing janitorial services to Landlord, subject to
Landlord's approval which shall not be unreasonably withheld. 

        D.    Tenant
agrees that Landlord shall not be liable for failure to supply any such heating, air conditioning, elevator, electrical, janitorial, lighting or other services
during any period when Landlord uses reasonable diligence to supply such services (unless such was caused by the gross negligence or intentional misconduct of Landlord), or during any period Landlord
is required to reduce or curtail such services pursuant to any applicable laws, rules, or regulations, including regulations of any utility
now or hereafter in force or effect, it being understood that Landlord may discontinue, reduce, or curtail such services, or any of them (either temporarily or permanently), at such times as it may be
necessary by reason of accident, repairs, alterations, improvements, strikes, lockouts, riots, acts of God, application of applicable laws, statutes, or rules and regulations or due to any other
happening beyond the control of Landlord. In the event of any such interruption, reduction, or discontinuance of Landlord's services (either temporary or permanent), Landlord shall not be liable for
damages to person or property as a result thereof, nor shall the occurrence of any such event in any way be construed as an eviction of Tenant; or cause or permit an abatement, reduction or setoff of
rent; or operate to release Tenant from any of Tenant's obligations hereunder. Notwithstanding the foregoing, in the event there is an interruption of essential services caused by the acts or
omissions of Landlord that continues for fifteen (15) days, then rent will abate for the portion of the Premises that are not usable. 

        E.    Tenant
agrees to notify promptly the Landlord or its representative of any accidents or defects in the Building of which Tenant becomes aware, including defects in pipes,
electric wiring, and HVAC equipment. In addition, Tenant shall provide Landlord with prompt notification of any matter or condition which may cause injury or damage to the Building or any person or
property therein. 

 
 

7.    QUIET ENJOYMENT    
  

        Landlord agrees to warrant and defend Tenant in the quiet enjoyment and possession of the Premises during the term of this Lease so long as Tenant complies with
the provisions hereof. 

 
 

8.    SECURITY DEPOSIT    
  

        Landlord will return Tenant's security deposit in the amount of Four Thousand Six Hundred Twenty Seven and 50/100 Dollars ($4,627.50) made pursuant to the
Existing Lease promptly upon execution of this Lease. 

 
 

9.    USE    
  

        Tenant covenants and agrees to occupy and use the Premises for the Permitted Use and for no other purpose, and to use them in a careful, safe, and proper manner;
to pay on demand for any

  
damage to the Premises caused by misuse or abuse thereof by Tenant, Tenant's agents or employees, or of any other person entering upon the Premises under express or implied invitation of Tenant; not
to use or permit the Premises to be used for any purposes prohibited by the laws, codes, rules, and regulations of the United States, the State of Colorado, or of any applicable municipality or quasi-
governmental entity. Tenant shall not commit waste or suffer or permit waste to be committed or
permit any nuisance on or in the Premises. In the event that any officials shall hereafter at anytime contend or declare by notice, violation, order or in any other manner whatsoever that the Premises
are used for a purpose which is a violation of any permit, certificate of occupancy, statute, ordinance or other requirement of law applicable to the Building Complex or the Premises, Tenant shall,
upon five (5) business days' written notice from Landlord, immediately discontinue such use of the Premises. Tenant at its sole expense shall comply with all laws, orders and regulations of
federal, state, county and municipal authorities and with any direction of any public office or officers, pursuant to law which shall impose any violation or duty upon Landlord or Tenant with respect
to the Premises, or the use or occupation thereof. 

        Tenant
shall not use or suffer or permit any other firm or person to use the Premises for any hazardous purpose or in any manner that will violate, suspend, void, make inoperative or
increase the rate of any policies of insurance of any kind at any time carried by Landlord upon the Premises or the Building or the fixtures and property therein. Any increase in the cost of any
insurance carried by Landlord attributable to Tenant's activities on the Premises or Tenant's failure to perform and observe Tenant's obligations and covenants hereunder shall be borne by Tenant and
payable to Landlord from time to time on demand. 

 
 

10.    ALTERATIONS AND REENTRY BY LANDLORD    
  

        A.    Unless
otherwise expressly provided herein, Landlord shall not be required to make any improvements or repairs of any kind or character to the Premises during the Lease
Term, or any extension thereof, except: (i) such repairs to HVAC, mechanical and electrical systems in the Premises (to the extent such systems are Building Standard) as may be deemed necessary
by Landlord for normal maintenance operations of the Building Complex; and (ii) upkeep, maintenance, and repairs to all Common Areas in the Building Complex so long as the need for any such
repair is not the result of Tenant's negligence. 

        B.    Tenant
covenants and agrees to permit Landlord at any time to enter the Premises to examine and inspect the same, to show the Premises to prospective purchasers,
mortgagees or tenants, or, if Landlord so elects, to perform any obligations of Tenant hereunder which Tenant shall fail to perform or to perform such cleaning, maintenance, janitorial services,
repairs, additions, or alterations as Landlord may deem necessary or proper for the safety, improvement, or preservation of the Premises or of other portions of the Building Complex or as may be
required by governmental authorities through any code, rule, regulation, ordinance, and/or law. Any such reentry shall not constitute an eviction or entitle Tenant to abatement of rent. Such entry
shall be made in a way that minimizes any disruption to Tenant's business operations. Furthermore, Landlord shall at all times have the right at Landlord's election to make such alterations or changes
in other portions of the Building Complex as Landlord may from time to time deem necessary and desirable as long as such alterations and changes do not unreasonably interfere with Tenant's use and
occupancy of the Premises. Landlord may use one or more of the street entrances to the Building Complex and such public areas thereof as may be necessary, in Landlord's determination to complete such
alterations or changes. 

 
 

11.    ALTERATIONS AND REPAIRS BY TENANT    
  

        A.    Tenant
covenants and agrees not to make any Alterations in or additions to the Premises (subsequent to the work in the Premises performed by Landlord pursuant to the Work
Letter), including installation of any equipment or machinery therein which requires modification of or

  
additions to any existing electrical outlet or which would increase Tenant's usage of electricity beyond Tenant's Standard Electrical Usage (all such alterations are referred to herein collectively
as "Alterations") without in each such instance first obtaining the written consent of Landlord, which consent shall not be unreasonably withheld,
conditioned or delayed. Tenant, at its expense, shall pay all engineering and design costs incurred by Landlord attributable to the Alterations and obtain all necessary governmental permits and
certificates required for any Alterations to which Landlord has consented, and shall cause such Alterations to be completed in compliance therewith and with all applicable laws and requirements of
public authorities and all applicable requirements of Landlord's insurance carriers. All Alterations which Tenant is permitted to make shall be performed in a good and workmanlike manner, using new
materials and equipment at least equal in quality to the original installations in the Premises. All repair and maintenance work required to be performed by Tenant pursuant to the provisions of
subparagraph B below and any Alterations permitted by Landlord pursuant to the provisions hereof, including, but not limited to, any installations desired by Tenant for Tenant's telegraphic,
telephonic or electrical connections, shall be done at Tenant's expense by Landlord's employees or, with Landlord's consent, by persons requested by Tenant and authorized in writing by Landlord;
provided, however, if such work is performed by persons who are not employees of Landlord, Tenant shall pay to Landlord, upon receipt of billing therefor, the costs for supervision and control of such
persons as Landlord may determine to be necessary. If Landlord authorizes persons requested by Tenant to perform such work, prior to the commencement of any such work, on request, Tenant shall deliver
to Landlord certificates issued by insurance companies qualified to do business in the State of Colorado, evidencing that workmen's compensation, public liability insurance, and property damage
insurance, all in the amounts, with companies and on forms reasonably satisfactory to Landlord, are in force and effect and maintained by all contractors and subcontractors engaged by Tenant to
perform such work. All such policies shall name Landlord and any Mortgagee, (as defined herein) as an additional insured. Each such certificate shall provide that the same may not be cancelled or
modified without ten (10) business days' prior written notice to Landlord and such Mortgagee. Further, Landlord and such Mortgagee shall have the right to post notices in the Premises in
locations which will be visible by parties performing any work on the Premises stating that Landlord is not responsible for the payment for such work and setting forth such other information as
Landlord may deem necessary. Alterations, repair, and maintenance work shall be performed in a manner which will not unreasonably interfere with, delay, or impose any additional expense upon Landlord
in the maintenance or operation of the Building or upon other tenants' use of their premises. 

        B.    Tenant
shall keep the Premises in as good order, condition, and repair and in an orderly state, as when they were entered upon, loss by fire or other casualty or ordinary
wear excepted. Subject to Landlord's obligation to make repairs in the event of certain casualties, as set forth in Paragraph 17 below, Landlord shall have no obligation for the repair or
replacement of any portion of the interior of
the Premises which is damaged or wears out during the term hereof regardless of the cause therefor, including but not limited to, carpeting, draperies, window coverings, wall coverings, painting or
any of Tenant's property or betterments in the Premises. 

        C.    All
Alterations and permanent fixtures installed in the Premises, including, by way of illustration and not by limitation, all partitions, paneling, carpeting, drapes or
other window coverings, and light fixtures (but not including movable office furniture not attached to the Building), shall be deemed a part of the real estate and the property of Landlord and shall
remain upon and be surrendered with the Premises as a part thereof without molestation, disturbance, or injury at the end of the Lease Term, or any extension thereof, whether by lapse of time or
otherwise. 

 
 

12.    MECHANICS' LIENS    
  

        Tenant shall pay or cause to be paid all costs for work done by Tenant or caused to be done by Tenant on the Premises (including work performed by Landlord or its
contractor at Tenant's request

  
following the commencement of the Lease Term) of a character which will or may result in liens on Landlord's interest therein, and Tenant will keep the Premises free and clear of all mechanics' liens
and other liens on account of work done for Tenant or persons claiming under it, excluding any Tenant Finish Work performed by Landlord pursuant to the Work Letter. Tenant hereby agrees to indemnify,
defend, and save Landlord harmless of and from all liability, loss, damage, costs, or expenses, including attorneys' fees, on account of any claims of any nature whatsoever including claims or liens
of laborers or materialmen or others for work performed for or materials or supplies furnished to Tenant or persons claiming under Tenant. Should Tenant receive any notice of intent to file a
lien, Tenant shall deliver a copy of such notice to Landlord and shall promptly resolve the claim. Should any liens be filed or recorded against the Premises or any action affecting the title thereto
be commenced as a result of such work (which term includes the supplying of materials), Tenant shall cause such liens to be removed of record within five (5) business days after the filing or
recording of such liens. If Tenant desires to contest any claim of lien, Tenant shall furnish to Landlord adequate security of at least one hundred fifty percent (150%) of the amount of the claim,
plus estimated costs and interest, or, at Tenant's option, file a bond with the appropriate court and obtain a release of the lien pursuant to Section 38-22-131,
C.R.S. If a final judgment establishing the validity or existence of any lien for any amount is entered, Tenant shall pay and satisfy the same at once. If Tenant shall be in default in paying any
charge for which a mechanic's lien or suit to foreclose the lien has been recorded or filed and shall not have given Landlord security as aforesaid, Landlord may (but without being required to do so)
pay such lien or claim and any costs, and the amount so paid, together with reasonable attorneys' fees incurred in connection therewith, shall be immediately due from Tenant to Landlord. 

 
 

13.    SUBLETTING AND ASSIGNMENT    
  

        A.    Tenant
shall not assign this Lease or any interest therein, or sublet all or any part of the Premises, or suffer or permit the Premises or any part thereof to be occupied
by others, by operation of law or otherwise, without the prior written consent of Landlord in each instance, which consent, as to any subletting of less than twenty-five percent (25%) of
the Premises, will not be unreasonably withheld, conditioned or delayed provided that: (i) Tenant has complied with the provision of subparagraph D below and Landlord has declined to exercise
its rights thereunder; (ii) the proposed subtenant or assignee is engaged in a business and the Premises will be used in a manner which is in keeping with the then standards of the Building;
(iii) the proposed subtenant or assignee is a reputable party of reasonable financial worth in light of the responsibilities involved and Tenant shall have provided Landlord with reasonable
proof thereof; and, (iv) Tenant is not in default hereunder at the time it makes its request for such consent. 

        B.    If
this Lease or any interest herein is assigned, or if the Premises or any part thereof be sublet or occupied by anybody other than Tenant, with or without the consent
of Landlord having first been obtained, Landlord may, after default by Tenant, collect rent from the assignee, subtenant or occupant, and apply the net amount collected to the Base Rent and other sums
due hereunder, but no collection shall be deemed a waiver of the provisions of this paragraph, or the acceptance of the assignee, subtenant or occupants as the tenant hereof, or a release of Tenant
from the further performance by Tenant of covenants on the part of Tenant contained in this Lease. The consent by Landlord to an assignment, subletting or occupancy arrangement shall not relieve
Tenant from primary liability hereunder or from the obligation to obtain the express consent in writing of Landlord to any further assignment, subletting or occupancy arrangement. Landlord's consent
to any requested sublease or assignment shall not waive Landlord's right to refuse to consent to any other such request. If Tenant collects any rental or other amounts from a subtenant or assignee in
excess of the Base Rent and Tenant's Pro Rata Share of increases in Operating Expenses, Tenant shall pay the Landlord, as and when Tenant receives the same, fifty percent (50%) of such excess amounts
received by Tenant.

 

        C.    Notwithstanding
anything contained hereinabove in this Paragraph 12 to the contrary, in the event Tenant requests Landlord's consent to sublet
twenty-five percent (25%) or more of the Premises or to assign twenty-five percent (25%) or more of its interest in this Lease, Landlord shall have the right to:
(i) consent to such sublease or Assignment in its sole discretion; (ii) refuse to grant such consent in Landlord's sole discretion; or (iii) refuse to grant such consent and
terminate this Lease as to the portion of the Premises with respect to which such consent was requested; provided, however, if Landlord refuses to grant such consent and elects to terminate the Lease
as to such portion of the Premises, Tenant shall have the right within fifteen (15) days after notice of Landlord's exercise of its right to terminate to withdraw Tenant's request for such
consent and remain in possession of the Premises under the terms and conditions hereof. In the event the Lease is terminated as set forth herein, such termination shall be effective as of the date set
forth in a written notice from Landlord to Tenant, which date shall in no event be more than thirty (30) business days following such notice. 

        D.    Tenant
hereby agrees that in the event it desires to sublease all or any portion of the Premises or assign this Lease to any party, in whole or in part, (herein
"Assignment"), Tenant shall notify Landlord not less than sixty (60) days prior to the date Tenant desires to sublease such portion of the
Premises or
assign this Lease ("Tenant's Notice"). Tenant's Notice shall set forth the description of the portion of the Premises to be so sublet or assigned and
the terms and conditions on which Tenant desires to sublet the Premises or assign this Lease. Landlord shall have thirty (30) days following receipt of Tenant's Notice within which to exercise
Landlord's rights pursuant to subparagraph C above and to notify Tenant of its election ("Landlord's Notice"). If Landlord consents to the proposed
subletting or assignment, Tenant shall be free to sublet the portion of the Premises in question or assign the applicable portion of its interest in this Lease to any third party on terms
substantially identical to those described in Tenant's Notice, subject to Landlord's consent as set forth in subparagraph A above. If Tenant is unable to sublet said portion of the Premises or assign
the applicable portion of its interest in this Lease on said terms and conditions within one hundred twenty (120) days following its original notice to Landlord, Tenant agrees to
re-offer the Premises to Landlord in accordance with the provisions hereof prior to leasing or assigning the same to any third party. 

        E.    Tenant
covenants and agrees that Tenant shall not, and shall not allow any subtenant of Tenant to, enter into any sublease; license, concession or other agreement of use,
occupancy or utilization of space in the Premises, which provides for a rental or other payment for such use, occupancy or utilization based in whole or in part on the income (other than gross income
or gross receipts to be determined in a manner satisfactory to counsel for Landlord) or profits of any sublessee, licensee, concessionaire or other user or occupant, and further agrees that a breach
of this covenant and agreement shall be a material breach of this Lease. The provisions for any such rental in violation of this paragraph shall be void at its inception and Tenant agrees that rent
under the offending lease, sublease, license, concession or agreement shall be calculated at an amount equal to the fair rental value thereof. 

        F.    A
sale by Tenant of all or substantially all of its assets or all or substantially all of its stock if Tenant is a publicly traded corporation, a merger of Tenant with
another corporation, the transfer of twenty-five percent (25%) or more of the stock in a corporate tenant whose stock is not publicly traded, or transfer of twenty-five percent
(25%) or more of the beneficial ownership interests in a tenant which is a partnership shall constitute an assignment hereunder. 

        G.    All
documents utilized by Tenant to evidence any subletting or assignment to which Landlord has consented shall be subject to prior approval by Landlord or its counsel.
Tenant shall pay on demand all of Landlord's reasonable costs and expenses, including reasonable attorneys' fees, incurred in determining whether or not to consent to any requested sublease or
Assignment and in reviewing and approving such documentation.

 

        H.    Notwithstanding
anything to the contrary contained in this Lease, if a trustee in bankruptcy is entitled to assume control over Tenant's rights under this Lease and
assigns such rights to any third party, the Base Rent to be paid hereunder by such party shall be increased to the then current Base Rent (if greater than then being paid for the Premises) which
Landlord would charge for comparable space in the Building as of the date of such third party's occupancy of the Premises. 

        I.    Landlord
consents to an assignment of this Lease, or sublease of all or part of the Premises without a change in the use set forth in Paragraph 9 to: (a) a
wholly-owned subsidiary of Tenant or the parent of Tenant or to any corporation into or with which Tenant may be merged or consolidated, so long as Tenant promptly provides Landlord with a fully
executed copy of such assignment or sublease and that Tenant is not released from liability under the Lease; or (b) any corporation, limited partnership, limited liability partnership, limited
liability company or other business entity acquiring all or substantially all of Tenant's assets or stock if such entity's Tangible Net Worth after such acquisition is not less than the Tangible Net
Worth of Tenant as of the date of execution of this Lease. "Tangible Net Worth" means the excess of total assets over total liabilities, in each case as determined in accordance with generally
accepted accounting principles consistently applied ("GAAP"), excluding, however, from the determination of total assets all assets which would be classified as intangible assets under GAAP including
goodwill, licenses, patents, trademarks, trade names, copyrights, and franchises. In the case of an assignment, the assignee must assume this Lease as a condition to the effectiveness of the
assignment. 

 
 

14.    DAMAGE TO PROPERTY AND INDEMNITY BY TENANT    
  

        A.    Tenant
shall neither hold nor attempt to hold Landlord liable for any injury or damage, either proximate or remote, occurring through or caused by fire, water, steam, or
any repairs, alterations. injury, accident, or any other cause to the Premises, to any furniture, fixtures, Tenant improvements, or other personal property of Tenant kept or stored in the Premises, or
in other parts of the Building Complex not herein demised, except to the extent such injury or damage is caused by reason of the negligence or default of Landlord, its agents or employees, or any
other person under the control or direction of Landlord. Except as set forth above, the keeping or storing of all property of Tenant in the Building Complex and/or Premises shall be at the sole risk
of Tenant. 

        B.    Subject
to Paragraph 15.E below, Tenant hereby agrees to indemnify, defend, and save Landlord harmless of and from all liability, loss, damages, costs, or
expenses, including attorneys' fees, on account of injuries to the person or property of Landlord or of any other tenant in the Building Complex or to any other person rightfully in said Building
Complex for any purpose whatsoever, where the injuries are caused by the negligence or misconduct of the Tenant, Tenant's agents, servants, or employees or of any other person entering upon the
Premises under express or implied invitation of Tenant or where such injuries are the result of the violation of the provisions of this Lease by any of such persons. 

 
 

15.    INSURANCE AND WAIVER OF SUBROGATION    
  

        A.    Landlord
shall maintain casualty insurance on the shell and core of the Building, in such amounts, from such companies, and on such terms and conditions, including loss
of rental insurance for a period of twelve (12) months, as Landlord deems appropriate, from time to time. Tenant understands that Landlord will not carry insurance of any kind on Tenant's
furniture and furnishings or on any fixture or equipment removable by Tenant under the provisions of this Lease or any other improvements installed in the Premises by or for Tenant other than Building
Standard, and that Landlord shall not be obligated to repair any damage thereto or replace the same. 

        B.    Tenant
shall obtain and maintain throughout the term of this Lease "all risk" or "multi-peril" form insurance on and for the full cost of replacement of all of Tenant's
property and betterments in

  
the Premises, including, without limitation, all furniture, fixtures, personal property and all tenant finish. 

        C.    In
addition to the above, Tenant shall obtain and maintain throughout the term of this Lease a commercial general liability policy, including protection against death,
personal injury and property damage, issued by an insurance company qualified to do business in the State of Colorado, with a single limit of not less than One Million Dollars ($1,000,000.00). 

        D.    All
policies of insurance required to be carried by Tenant hereunder shall name Landlord as an additional insured. Each such policy shall provide that the same may not be
cancelled or modified without at least thirty (30) days' prior written notice to Landlord and any Mortgagee (as defined herein Tenant shall deliver from time to time certificates evidencing
that such insurance, as required under this paragraph, is in force and effect. The limits of said insurance shall not, under any circumstances, limit the liability of Tenant hereunder. 

        E.    Notwithstanding
anything to the contrary contained herein Landlord and Tenant hereby mutually waive and release their respective rights of recovery against each other
their officers, directors, agents and employees (but not against other third parties) for (i) any loss on its property capable of being insured against by "all risk" or "multi-peril" form
insurance coverage whether carried or not; and (ii) all loss, cost, damage or expense arising out of or due to any interruption of business (regardless of the cause therefor), increased or
additional costs of operation of business or other costs or expenses whether similar or dissimilar which are capable of being insured against under business interruption insurance whether or not
carried. Each party shall apply to their insurers to obtain said waivers and obtain any special endorsements, if required by their insurer to evidence compliance with the aforementioned waiver, and
shall bear the cost therefor. 

 
 

16.    SURRENDER AND NOTICE    
  

        Upon the expiration or other termination of the term of this Lease, Tenant shall promptly quit and surrender to Landlord the Premises broom clean, in good order
and condition, ordinary wear and tear and loss by fire or other casualty excepted unless due to the negligence of Tenant, and Tenant shall remove all of its movable furniture and other effects. In the
event Tenant fails to vacate the Premises on a timely basis as required, Tenant shall be responsible to Landlord for all costs incurred by Landlord as a result of such failure, including, but not
limited to, any amounts required to be paid to third parties who were to have occupied the Premises. All movable furniture, other effects and Alterations, not so removed shall conclusively be deemed
to have been abandoned and may be appropriated, sold, stored, destroyed or otherwise disposed of by Landlord without notice to Tenant or any other person and without obligation to account therefor;
and Tenant shall pay Landlord all reasonable expenses incurred in connection with such property, including, but not limited to, the cost of repairing any damage to the Building or Premises caused by
removal of such property. Tenant's obligation hereunder shall survive the expiration or other termination of this Lease. 

 
 

17.    ACCEPTANCE OF PREMISES BY TENANT    
  

        Taking possession of the Premises by Tenant shall be conclusive evidence as against Tenant that the Premises were in the condition agreed upon between Landlord
and Tenant and acknowledgement of satisfactory completion of any fix-up or remodeling, as the case may be, which Landlord has agreed in writing to perform, except for certain "punch list"
items that Landlord has agreed in writing to perform. 

 
 

18.    CASUALTY AND RESTORATION OF PREMISES    
  

        A.    If
the Premises or the Building shall be so damaged by fire or other casualty as to render the Premises wholly untenantable and if such damage shall be so great that a
competent architect, in good

  
standing, selected by Landlord shall certify in writing to Landlord and Tenant within sixty (60) days of said casualty that the Premises, with the exercise of reasonable diligence, cannot be
made fit for occupancy within one hundred eighty (180) working days from the happening thereof, then this Lease shall cease and terminate from the date of the occurrence of such damage and
Tenant shall thereupon surrender to Landlord the Premises and all interest therein hereunder and Landlord may reenter and take possession of the Premises and remove Tenant therefrom. Tenant shall pay
rent, duly apportioned, up to the time of such termination of this Lease. If, however, the damage shall be such that said architect shall certify within said sixty (60) day period that the
Premises can be made tenantable within said one hundred eighty (180) day period, then, except as hereinafter provided, Landlord shall repair the damage so done with all reasonable speed to the
extent of proceeds of insurance recovered by Landlord (after deducting its costs of recovery) to the extent allocable to the Premises. 

        B.    If
the Premises shall be slightly damaged by fire or other casualty, but not so as to render the same wholly untenantable or to require a repair period in excess of one
hundred eighty (180) days, then Landlord, after receiving notice in writing of the occurrence of the casualty, shall, except as hereafter provided, cause the same to be repaired to the extent
of proceeds of insurance recovered by Landlord (after deducting its costs of recovery) to the extent allocable to the Premises. If the estimated repair period as established in accordance with the
provisions of subparagraph A above exceeds one hundred eighty (180) days, then the provisions of subparagraph A shall control notwithstanding the fact that the Premises are not wholly
untenantable. 

        C.    In
case the Building throughout shall be so damaged, whether by fire or otherwise (though said Premises may not be affected, or if affected, can be repaired within said
one hundred eighty (180) days), that, within sixty (60) days after the happening of such damage, Landlord shall decide not to reconstruct or rebuild said Building, then, notwithstanding
anything contained herein to the contrary, upon notice in writing to that effect given by Landlord to Tenant within said sixty (60) days, Tenant shall pay the rent, properly apportioned up to
the date of the damage, this Lease shall terminate from the date of delivery of said written notice, and both parties hereto shall be freed and discharged of all further obligations hereunder. 

        D.    Provided
that the casualty is not the fault of Tenant, Tenant's agents, servants, or employees, Tenant's rent shall abate during any such period of repair and
restoration, in the same proportion that the part of the Premises rendered untenantable bears to the whole. 

 
 

19.    CONDEMNATION    
  

        If the entire Premises or substantially all of the Premises or any portion of the Building Complex which shall render the Premises untenantable shall be taken by
right of eminent domain or by condemnation or shall be conveyed in lieu of any such taking, then this Lease, at the option of either Landlord or Tenant exercised by either party giving notice to the
other of such termination within thirty (30) days after such taking or conveyance, shall forthwith cease and terminate and the rent shall be duly apportioned as of the date of such taking or
conveyance. Tenant thereupon shall surrender the Premises and all interest therein under this Lease to Landlord and Landlord may reenter and take possession of the Premises or remove Tenant therefrom.
In the event less than all of the Premises shall be taken by such proceeding, Landlord shall promptly repair the Premises as nearly as possible to its condition immediately prior to said taking,
unless Landlord elects not to reconstruct or rebuild as described in subparagraph C of Paragraph 17 above. In the event of any such taking or conveyance, Landlord shall receive the entire award
or consideration for the portion of the Building so taken. 

  

 
 

20.    DEFAULT BY TENANT    
  

        A.    Events
of Default. Each one of the following events is herein referred to as an "Event of Default": 

        (1)  Any
failure by Tenant to pay the rent or any other monetary sums required to be paid hereunder within five (5) business days after written notice that such sums
were not paid when due. 

        (2)  Tenant
shall vacate the Premises without paying the Rent or any other sums due hereunder. Tenant shall be deemed to have vacated the Premises if Tenant has not used the
Premises for the permitted use under this Lease for a period of ten (10) consecutive business days. 

        (3)  This
Lease or the estate of Tenant hereunder shall be transferred to or shall pass to or devolve upon any other person or party except in the manner set forth in
Paragraph 12. 

        (4)  This
Lease or the Premises or any part thereof shall be taken upon execution or by other process of law directed against Tenant or shall be taken upon or subject to any
attachment at the instance of any creditor of or claimant against Tenant and said attachment shall not be discharged or disposed of within thirty (30) days after the levy thereof. 

        (5)  The
filing of any petition or the commencement of any case or proceeding by the Tenant under any provision or chapter of the Federal Bankruptcy Act, the Federal
Bankruptcy Code, or any other federal or state law relating to insolvency, bankruptcy, or reorganization or the adjudication that the Tenant is insolvent or bankrupt or the entry of an order for
relief under the Federal Bankruptcy Code with respect to Tenant. 

        (6)  The
filing of any petition or the commencement of any case or proceeding described in subparagraph (5) above against the Tenant, unless such petition and all
proceedings initiated thereby are
dismissed within sixty (60) days from the date of such filing; the filing of an answer by Tenant admitting the allegations of any such petition; the appointment of or taking possession by a
custodian, trustee or receiver for all or any assets of the Tenant, unless such appointment is vacated or dismissed within sixty (60) days from the date of such appointment. 

        (7)  The
insolvency of the Tenant or the execution by the Tenant of an assignment for the benefit of creditors; the convening by Tenant of a meeting of its creditors, or any
class thereof, for purposes of effecting a moratorium upon or extension or composition of its debts; or the failure of the Tenant generally to pay its debts as they mature. 

        (8)  The
admission in writing by Tenant or any partner of Tenant if Tenant is a partnership that he is unable to pay his debts as they mature or he is generally not paying
his debts as they mature. 

        (9)  Tenant
shall fail to accept possession of the Premises or Landlord receives notice or has knowledge that Tenant does not intend to take possession of the Premises within
ten (10) business days after the Lease Term is to commence. 

        (10) Tenant
shall fail to perform any of the other agreements, terms, covenants, or conditions hereof on Tenant's part to be performed and such non-performance
shall continue for a period of thirty (30) days after written notice thereof by Landlord to Tenant or, if such performance cannot be reasonably had within such thirty (30) day period,
Tenant shall not in good faith have commenced such performance within such thirty (30) day period and shall not diligently proceed therewith to completion no later than sixty (60) days
from the above-written notice. 

        (11) Tenant,
if a corporation or partnership, shall dissolve, liquidate or cease to exist.

 

        B.    Remedies
of Landlord. If any one or more Event of Default shall happen, then Landlord shall have the right at Landlord's election, then or at any time thereafter, either: 

        (1)  (a)    Without
demand or notice, to reenter and take possession of the 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, without being deemed guilty of any manner of trespass and without prejudice to any remedies for
arrears of rent or preceding breach of covenants or conditions. Should Landlord elect to reenter, as provided in this subparagraph (1), or should Landlord take possession pursuant to legal proceedings
or pursuant to any notice provided for by law, Landlord may, from time to time, without terminating this Lease, relet the Premises or any part thereof, either
alone or in conjunction with other portions of the Building of which the Premises are a part, in Landlord's or Tenant's name but for the account of Tenant, for such term or terms (which may be greater
or less than the period which would otherwise have constituted the balance of the term of this Lease) and on such conditions and upon such other terms (which may include concessions of free rent and
alteration and repair of the Premises) as Landlord, in its absolute discretion, may determine and Landlord may collect and receive the rents therefor. Landlord shall in no way be responsible or liable
for any failure to relet the Premises, or any part thereof, or for any failure to collect any rent due upon such reletting. No such reentry or taking possession of the Premises by Landlord shall be
construed as an election on Landlord's part to terminate this Lease unless a written notice of such intention be given to Tenant. No notice from Landlord hereunder or under a forcible entry and
detainer statute or similar law shall constitute an election by Landlord to terminate this Lease unless such notice specifically so states. Landlord reserves the right following any such reentry
and/or reletting to exercise its right to terminate this Lease by giving Tenant such written notice, in which event the Lease will terminate as specified in said notice. 

        (b)  If
Landlord elects to take possession of the Premises as provided in this subparagraph (1) without terminating the Lease, Tenant shall pay to Landlord
(i) the rent and other sums as herein provided, which would be payable hereunder if such repossession had not occurred, less (ii) the net proceeds, if any, of any reletting of the
Premises after deducting all of Landlord's expenses incurred in connection with such reletting, including, but without limitation, all repossession costs, brokerage commissions, legal expenses,
attorneys' fees, expenses of employees, alteration, remodeling, and repair costs and expenses of preparation for such reletting. If, in connection with any reletting, the new lease term extends beyond
the existing term or the premises covered thereby include other premises not part of the Premises, a fair apportionment of the rent received from such reletting and the expenses incurred in connection
therewith, as provided aforesaid, will be made in determining the net proceeds received from such reletting. In addition, in determining the net proceeds from such reletting, any rent concessions will
be apportioned over the term of the new lease. Tenant shall pay such amounts to Landlord monthly on the days on which the rent and all other amounts owing hereunder would have been payable if
possession had not been retaken and Landlord shall be entitled to receive the same from Tenant on each such day; or 

        (2)  To
give Tenant written notice of intention to terminate this Lease on the date of such given notice or on any later date specified therein and, on the date specified in
such notice, Tenant's right to possession of the Premises shall cease and the Lease shall thereupon be terminated, except as to Tenant's liability hereunder as hereinafter provided, as if the
expiration of the term fixed in such notice were the end of the term herein originally demised. In the event this Lease is terminated pursuant to the provisions of this subparagraph (2), Tenant shall
remain liable to Landlord for damages in an amount equal to the rent and other sums which would have been owing by Tenant hereunder for the balance of the term had this Lease not been terminated less
the net proceeds, if any, of any reletting of the Premises by Landlord subsequent to such

  
termination, after deducting all Landlord's expenses in connection with such reletting, including, but without limitation, the expenses enumerated above. Landlord shall be entitled to collect such
damages from Tenant monthly on the days on which the rent and other amounts would have been payable hereunder if this Lease had not been terminated and Landlord shall be entitled to receive the same
from Tenant on each such day. Alternatively, at the option of Landlord, in the event this Lease is terminated, Landlord shall be entitled to recover forthwith against Tenant as damages for loss of the
bargain and not as a penalty an amount equal to the worth at the time of termination of the excess, if
any, of the amount of rent reserved in this Lease for the balance of the term hereof over the then Reasonable Rental Value of the Premises for the same period plus all amounts incurred by Landlord in
order to obtain possession of the Premises and relet the same, including attorneys' fees, reletting expenses, alterations and repair costs, brokerage commissions and all other like amounts. It is
agreed that the "Reasonable Rental Value" shall be the amount of rental which Landlord can obtain as rent for the remaining balance of the term. 

        C.    Cumulative
Remedies. Suit or suits for the recovery of the rents and other amounts and damages set forth hereinabove may be brought by Landlord, from time to time, at
Landlord's election, and nothing herein shall be deemed to require Landlord to await the date whereon this Lease or the term hereof would have expired had there been no such default by Tenant or no
such termination, as the case may be. Each right and remedy provided for in this Lease shall be cumulative and shall be in addition to every other right or remedy provided for in this Lease or now or
hereafter existing at law or in equity or by statute or otherwise, including, but not limited to, suits for injunctive relief and specific performance. The exercise or beginning of the exercise by
Landlord of any one or more of the rights or remedies provided for in this Lease or now or hereafter existing at law or in equity or by statute or otherwise shall not preclude the simultaneous or
later exercise by Landlord of any or all other rights or remedies provided for in this Lease or now or hereafter existing at law or in equity or by statute or otherwise. All such rights and remedies
shall be considered cumulative and non-exclusive. All costs incurred by Landlord in connection with collecting any rent or other amounts and damages owing by Tenant pursuant to the
provisions of this Lease, or to enforce any provision of this Lease, shall also be recoverable by Landlord from Tenant. Further, if an action is brought pursuant to the terms and provisions of the
Lease, the prevailing party in such action shall be entitled to recover from the other party any and all reasonable attorneys' fees incurred by such prevailing party in connection with such action. 

        D.    No
Waiver. No failure by Landlord to insist upon the strict performance of any agreement, term, covenant or condition hereof or to exercise any right or remedy consequent
upon a breach thereof and no acceptance of full or partial rent during the continuance of any such breach shall constitute a waiver of any such breach or of such agreement, term, covenant, or
condition. No agreement, term, covenant, or condition hereof to be performed or complied with by Tenant and no breach thereof shall be waived, altered, or modified, except by written instrument
executed by Landlord. No waiver of any breach shall affect or alter this Lease but each and every agreement, term, covenant, and condition hereof shall continue in full force and effect with respect
to any other then existing or subsequent breach thereof. Notwithstanding any termination of this Lease, the same shall continue in force and effect as to any provisions which require observance or
performance by Landlord or Tenant subsequent to such termination. 

        E.    Bankruptcy.
Nothing contained in this Paragraph 19 shall limit or prejudice the right of Landlord to prove and obtain as liquidated damages in any bankruptcy,
insolvency, receivership, reorganization, or dissolution proceeding an amount equal to the maximum allowed by any statute or rule of law governing such a proceeding and in effect at the time when such
damages are to be proved, whether or not such amount be greater, equal to, or less than the amounts recoverable, either as damages or rent, referred to in any of the preceding provisions of this
paragraph. Notwithstanding anything contained in this paragraph to the contrary, any such proceeding or action involving

  
bankruptcy, insolvency, reorganization, arrangement, assignment for the benefit of creditors, or appointment of a receiver or trustee, as set forth above, shall be considered to be an Event of
Default only when such proceeding, action, or remedy shall be taken or brought by or against the then holder of the leasehold estate under this Lease. Landlord and Tenant understand that
notwithstanding certain provisions to the contrary contained herein, a trustee or debtor in possession under the Bankruptcy Code of the United States may have certain rights to assume or assign this
Lease. Landlord and Tenant further understand that in any event Landlord is entitled under the Bankruptcy Code to Adequate Assurance of future performance of the terms and provisions of this Lease.
For purposes of any such assumption or assignment, the parties hereto agree that the term "Adequate Assurance" shall include at least the following: 

        (1)  In
order to assure Landlord that the proposed assignee will have the resources with which to pay the rent called for herein, any proposed assignee must have a net worth
(as defined in accordance with generally accepted accounting principles consistently applied) at least as great as the net worth of Tenant on the date this Lease became effective. The financial
condition and resources of Tenant were a material inducement to Landlord in entering into this Lease. 

        (2)  Any
proposed assignee of this Lease must assume and agree to be personally bound by the terms, provisions, and covenants of this Lease. 

        F.    Late
Payment Charge. Any rents or other amounts owing hereunder which are not paid within five (5) business days after the date Landlord provides notice to Tenant
that such amounts have not been paid when they are due shall bear interest at the rate of five percentage points over the Prime Rate then being charged by Wells Fargo Bank, N.A., or its successor, for
the most creditworthy customers on an unsecured basis for short term loans (the "Prime Rate") or the highest rate permitted by applicable usury law,
whichever is lower, from the date they were due until paid in full with interest. Further, in the event that Tenant has assigned this Lease in part or in full or sublet any or all of the Premises
(whether or not Landlord's consent is required or given) and thereafter Landlord and Tenant agree that Landlord will incur additional administrative expenses, the amount of which will be difficult if
not impossible to determine. Accordingly, Tenant shall pay to Landlord an additional, one-time late charge for any such late payment in the amount of three percent (3%) of such payment.
Any amounts paid by Landlord to cure any defaults of Tenant hereunder, which Landlord shall have the right but not the obligation to do, shall, if not repaid by Tenant within five (5) business
days of demand by Landlord, thereafter bear interest at the rate of three percentage points over the Prime Rate or the highest rate permitted by applicable usury law, whichever is lower, until paid. 

        G.    Waiver
of Jury Trial. Tenant hereby waives (to the extent allowed by law) any and all rights to a trial by jury in suit or suits brought to enforce any provision of this
Lease or arising out of or concerning the provisions of this Lease. 

 
 

21.    SUBORDINATION AND ATTORNMENT    
  

        A.    This
Lease, at Landlord's option, shall be subordinate to any mortgage or deed of trust (now or hereafter placed upon the Building Complex, or any portion thereof),
including any amendment, modification, or restatement of any of such documents, and to any and all advances made under any mortgage or deed of trust and to all renewals, modifications, consolidations,
replacements, and extensions thereof. Tenant agrees that with respect to any of the foregoing documents, no documentation, other than this Lease, shall be required to evidence such subordination. 

        B.    If
any holder of a mortgage or deed of trust shall elect to have this Lease superior to the lien of the holder's mortgage or deed of trust and shall give written notice
thereof to Tenant, this Lease shall be deemed prior to such mortgage or deed of trust, whether this Lease is dated prior or subsequent to the date of said mortgage or deed of trust or the date of
recording thereof.

 

        C.    In
confirmation of such subordination or superior position, as the case may be, Tenant agrees to execute such documents as may be reasonably required by Landlord or its
Mortgagee to evidence the subordination of its interest herein to any of the documents described above, or to evidence that this Lease is prior to the lien of any mortgage or deed of trust, as the
case may be, and failing to do so within ten (10) business days after written demand. 

        D.    Tenant
hereby agrees to attorn to all successor owners of the Building Complex, whether or not such ownership is acquired as a result of a sale, through foreclosure of a
deed of trust or mortgage, or otherwise and agrees to confirm such attornment in writing. 

 
 

22.    HOLDING OVER: TENANCY MONTH-TO-MONTH    
  

        If, after the expiration of this Lease, Tenant shall remain in possession of the Premises and continue to pay rent, and Landlord shall accept such rent, without
any express written agreement as to such holding over, then such holding over shall be deemed and taken to be a holding upon a tenancy from month-to-month, subject to all the
terms and conditions hereof on the part of Tenant to be observed and performed and at a monthly rent equivalent to one hundred fifty percent (150%) of the monthly installments paid by Tenant
immediately prior to such expiration or the Current Market Rental Rate for the Premises, whichever is greater. All such rent shall be payable in advance on the same day of each calendar month. Such
month-to-month tenancy may be terminated by either party upon twenty (20) days' notice prior to the end of any such monthly period. Nothing contained herein shall be
construed as obligating Landlord to accept any rental tendered by Tenant after the expiration of the term hereof or as relieving Tenant of its liability pursuant to Paragraph 15. 

 
 

23.    PAYMENTS AFTER TERMINATION    
  

        No payments of money by Tenant to Landlord after the termination of this Lease, in any manner, or after giving of any notice (other than a demand for payment of
money) by Landlord to Tenant shall reinstate, continue, or extend the term of this Lease or affect any notice given to Tenant prior to the payment of such money, it being agreed that after the service
of notice or the commencement of a suit or other final judgment granting Landlord possession of the Premises, Landlord may receive and collect any sums of rent due or any other sums of money due under
the terms of this Lease or otherwise exercise Landlord's rights and remedies hereunder and the payment of such sums of money, whether as rent or otherwise, shall not waive said notice or in any manner
affect any pending suit or judgment theretofore obtained. 

 
 

24.    STATEMENT OF PERFORMANCE    
  

        Tenant agrees at any time and from time to time, upon not less than ten (10) business days' prior written request by Landlord, to execute, acknowledge, and
deliver to Landlord a statement in writing certifying that this Lease is unmodified and in full force and effect (or, if there have been modifications, that the same is in full force and effect as
modified and stating the modifications), that there have been no uncured defaults thereunder by Landlord or Tenant (or, if there have been defaults, setting forth the nature thereof), the date to
which the rent and other charges have been paid in advance, if any, and such other information as Landlord may reasonably request. It is intended that any such statement delivered pursuant to this
paragraph may be relied upon by any prospective purchaser of all or any portion of Landlord's interest herein or a holder of any mortgage or deed of trust encumbering the Building Complex. 

 
 

25.    MISCELLANEOUS    
  

        A.    Definition
of Landlord. The term "Landlord" as used in this Lease, so far as covenants or obligations on the part of Landlord are concerned, shall be limited to mean and
include only the owner

  
or owners of the Building Complex at the time in question and, in the event of any transfer or transfers of the title thereto, Landlord herein named (and in the case of any subsequent transfers or
conveyances, the then grantor) shall be automatically released, from and after the date of such transfer or conveyance, of all liability as respects the performance of any covenants or obligations on
the part of Landlord contained in this Lease thereafter to be performed, provided that any funds in the hands of Landlord or the then grantor at the time of such transfer in which Tenant has an
interest shall be
turned over to the grantee and any amount then due and payable to Tenant by Landlord or the then grantor under any provisions of this Lease shall be paid to Tenant. 

        B.    Merger.
The termination or mutual cancellation of this Lease shall not work a merger, and such termination or mutual cancellation shall, at the option of Landlord, either
terminate all subleases and subtenancies or operate as an assignment to Landlord of any or all such subleases or subtenancies. 

        C.    Entrances.
The Tenant agrees that, for the purposes of completing or making repairs or alterations in any portion of the Building, Landlord may use one or more of the
street entrances, the halls, passageways, and elevators of the Building. 

        D.    Independent
Covenants. This Lease shall be construed as though the covenants herein between Landlord and Tenant are independent and not dependent and Tenant shall not be
entitled to any setoff of the rent or other amounts owing hereunder against Landlord if Landlord fails to perform its obligations set forth herein; provided, however, the foregoing shall in no way
impair the right of Tenant to commence a separate action against Landlord for any violation by Landlord of the provisions hereof so long as notice is first given to Landlord and any holder of a
mortgage or deed of trust covering the Building Complex or any portion thereof and an opportunity granted to Landlord and such holder to correct such violation as provided in subparagraph H of this
Paragraph 24. 

        E.    Severability.
If any clause or provision of this Lease is illegal, invalid, or unenforceable under present or future laws effective during the term of this Lease, then
and in that event it is the intention of the parties hereto that the remainder of this Lease shall not be affected thereby and it is also the intention of the parties to this Lease and in lieu of each
clause or provision of this Lease that is illegal, invalid, or unenforceable there be added as a part of this Lease a clause or provision as similar in terms to such illegal, invalid, or unenforceable
clause or provision as may be possible and be legal, valid, and enforceable. 

        F.    Captions.
The caption of each paragraph is added as a matter of convenience only and shall be considered of no effect in the construction of any provision or provisions
of this Lease. 

        G.    Successors
and Assigns. Except as herein specifically set forth, all terms, conditions, and covenants to be observed and performed by the parties hereto shall be
applicable to and binding upon their respective heirs, administrators, executors, and assigns. The terms, conditions, and covenants hereof shall also be considered to be covenants running with the
land to the fullest extent permitted by law. 

        H.    Landlord
Default. In the event of any alleged default on the part of Landlord hereunder, Tenant shall give written notice to Landlord in the manner herein set forth and
shall afford Landlord at least thirty (30) days thereafter to commence to cure and a reasonable opportunity thereafter (so long as it is diligently pursuing the cure) to cure any such default.
Notice to Landlord of any such alleged default
shall be ineffective unless notice is simultaneously delivered to any holder of a Mortgage and/or Trust Deed affecting all or any portion of the Building Complex
("Mortgagees"), as hereafter provided. Tenant agrees to give all Mortgagees, by certified mail, return receipt requested, a copy of any notice of
default served upon Landlord, provided that prior to such notice Tenant has been notified, in writing (by way of notice of Assignment of Rents and Leases, or otherwise), of the address of such
Mortgagees. Tenant further agrees that if Landlord shall have failed to cure such default within the time provided for in this Lease, then the Mortgagees shall have an additional thirty
(30) days

  
within which to cure such default or, if such default cannot be cured within that time, then such additional time as may be necessary, if, within such thirty (30) days, any Mortgagee has
commenced and is diligently pursuing the remedies necessary to cure such default (including, but not limited to, commencement of foreclosure proceedings, if necessary to effect such cure), in which
event this Lease shall not be terminated while such remedies are being so diligently pursued. In no event will Landlord or any Mortgagee be responsible for any consequential damages incurred by Tenant
as a result of any default, including, but not limited to, lost profits or interruption of business as a result of any alleged default by Landlord hereunder. 

        I.    Tenant
Authorization. Tenant and the party executing this Lease on behalf of Tenant represent to Landlord that such party is authorized to do so by requisite action of
the board of directors or partners, as the case may be, and agree, upon request, to deliver to Landlord a resolution or similar document or opinion of counsel to that effect. 

        J.    Joint
and Several Liability. If there are more than one entity or person which or who are the Tenant under this Lease, the obligations imposed upon Tenant under this
Lease shall be joint and several. 

        K.    Amendment
or Modification. No act or thing done by Landlord or Landlord's agents during the term hereof, including, but not limited to, any agreement to accept surrender
of the Premises or to amend or modify this Lease, shall be deemed to be binding on Landlord, unless such act or thing shall be by a partner or officer of Landlord, as the case may be, or a party
designated in writing by Landlord as so authorized to act. The delivery of keys to Landlord, or Landlord's agents, employees, or officers shall not operate as a termination of this Lease or a
surrender of the Premises. No payment by Tenant or receipt by Landlord of a lesser amount than the monthly rent and all other amounts owing, as herein stipulated, shall be deemed to be other than on
account of the earliest stipulated rent or other amounts nor shall any endorsement or statement on any check or any letter accompanying any check or payment as rent 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 rent or pursue any other remedy available to Landlord. 

        L.    Building
Security. As part of the services Landlord provides hereunder, Landlord may elect to provide a concierge or security guard for more efficient operation of the
Building Complex, and the cost therefor shall be included as an Operating Expense. Landlord is not obligated to provide such services at any time or for any length of time. Tenant expressly
acknowledges that Landlord has not represented to Tenant that the Building or Building Complex are secure buildings or areas and
Landlord assumes no duty to Tenant, its agents, employees, invitees or others because Landlord provides such service. 

        M.  Hazardous
Materials. Except for hazardous materials customarily used for normal office purposes, Tenant shall be prohibited from storing, handling, and/or disposing of
hazardous substances or environmental pollutants as those terms are defined under federal, state, or local environmental statutes, ordinances, or regulations in or about the Premises. Landlord
represents to Tenant that no hazardous substances or environmental pollutants (except for hazardous material customarily used for normal office purposes) which violate federal, state or local
environmental statutes, ordinances, or regulations by their presence are located in the Premises as of the date of this Lease. In the event Tenant violates this provision,. Tenant shall indemnify and
hold Landlord, its officers, directors, agents or employees harmless from any and all claims, liabilities, judgments, loss, cost, or damage including clean-up costs, fines, penalties, and
attorneys' fees arising from the use, storage and/or disposal of hazardous substances environmental pollutants in or about the Premises. Tenant's liability for all loss, cost, or damage arising from
such use, storage, and/or disposal shall survive the expiration or early termination of this Lease.

 

        N.    Control
of Building. Landlord shall have the right at any time to change the name of the Building, to increase the size of the Building Complex by adding additional real
property thereto, to construct other buildings or improvements on any portion of the Building Complex or to change the location and/or character of or to make alterations of or additions to the
Building Complex. In the event any such additional buildings are constructed or Landlord increases the size of the Building Complex, Landlord and Tenant shall execute an Amendment to Lease which
incorporates such modifications, additions, and adjustments to Tenant's Pro Rata Share, if necessary. Tenant shall not use the Building's name for any purpose other than as a part of its business
address. Any use of such name in the designation of Tenant's business shall constitute a default under this Lease. 

        O.    Air,
Light or View. Tenant covenants and agrees that no diminution of light, air, or view by any structure that may hereafter be erected (whether or not by Landlord)
shall entitle Tenant to any reduction of rent or other charges under this Lease, result in any liability of Landlord to Tenant, or in any way affect this Lease or Tenant's obligations hereunder. 

        P.    Limitation
of Liability. Notwithstanding anything to the contrary contained herein, Landlord's liability under this Lease shall be limited to Landlord's interest in the
Building Complex. 

        Q.    No
Representations by Landlord. Tenant acknowledges and agrees that it has not relied upon any statements, representations, agreements, or warranties by Landlord, its
agents or employees, except such as are expressed herein and that no amendment or modification of this Lease shall be valid or binding unless expressed in writing and executed by the parties hereto in
the same manner as the execution of this Lease. 

        R.    Effectiveness.
Submission of this instrument for examination or signature by Tenant does not constitute a reservation of or an option for lease, and it is not effective
as a lease or otherwise until execution and delivery by both Landlord and Tenant. 

        S.    Governing
Law. This Lease shall be governed by and interpreted in accordance with the laws of the State of Colorado. 

 
 

26.    AUTHORITIES FOR ACTION AND NOTICE    
  

        A.    Except
as herein otherwise provided, Landlord may act in any manner provided for herein by and through Landlord's Building Manager or any other person who shall from time
to time be designated in writing. 

        B.    All
notices, demands, statements or communications required or permitted to be given to Landlord hereunder shall be in writing and shall be deemed duly served when
deposited in the United States mail, postage prepaid, certified or registered, return receipt requested, addressed to Landlord at Landlord's Notice Address or at the most recent address of which
Landlord/,has notified Tenant in writing. All notices, demands, statements or communications required to be given to Tenant hereunder shall be in writing and shall be deemed duly served when delivered
personally to Tenant (or a partner of Tenant if Tenant is a partnership or to Tenant individually if Tenant is a sole proprietor) or manager of Tenant whose office is in the Building, when deposited
in the United States mail, postage prepaid, certified or registered, return receipt requested, addressed to Tenant at Tenant's Notice Address. Either party shall have the right to designate in
writing, served as above provided, a different address to which notice is to be mailed. The foregoing shall in no event prohibit notice from being given as provided in Rule 4 of Colorado Rules
of Civil Procedure as the same may be amended from time to time. 

 
 

27.    LENDER'S APPROVAL    
  

        [This Article has been deliberately omitted.]

 

 
 

28.    BROKERAGE    
  

        Tenant hereby represents and warrants that Tenant has not employed any broker in regard to this Lease and that Tenant has no knowledge of any broker being
instrumental in bringing about this Lease transaction except Corum Real Estate Group, Inc. which has acted as Landlord's leasing agent. In consideration of Landlord's payment to Tenant of Three
Hundred Thirty Six Thousand Five Hundred One Dollars ($336,501.00), one-half of which will be paid within thirty (30) days after Landlord's execution of this Lease and
one-half will be paid on or before January 15, 2004, Tenant shall indemnify Landlord against any expense incurred by Landlord as a result of any claim for brokerage or other
commissions made by any other broker, finder, or agent, whether or not meritorious, employed by Tenant or claiming by, through, or under Tenant. Tenant acknowledges that Landlord shall not be liable
for any representations by such brokers regarding the Premises, Building, or this lease transaction. 

 
 

29.    TIME OF ESSENCE    
  

        Time is of the essence herein. 

 
 

30.    EXHIBITS    
  

        All exhibits attached hereto are made a part hereof and incorporated herein by reference. 

 
 

31.    SIGNAGE    
  

        So long as Ciber, Inc., a Delaware corporation, occupies at least fifty two thousand (52,000) rentable square feet of the Premises for the conduct of its
business: 

        A.    Tenant
shall have the right to monument signage for the Building and, at its expense, may relocate or make changes to existing monument signage subject to the approval by
the Denver Technological Center Architectural Control Committee, and subject to Landlord's approval, which will not be unreasonably withheld. 

        B.    Tenant
shall use best efforts to persuade the Denver Technological Center Architectural Control Committee to approve lobby window signage rights for a future lobby level
tenant of the Building. 

        C.    Landlord
will rename the penthouse (PH) level of the Building to the 15th Floor and will change all related signage at Tenant's sole expense for which
Tenant may use the Allowance described in Exhibit C.

 

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

	TENANT:	 	LANDLORD:
	

CIBER, INC., a Delaware corporation	
 	

BUILDING ONE DTC LIMITED PARTNERSHIP,

a Colorado limited partnership
	

By:	
 	

 
	
 	

By:	
 	

 

	Title:	 	 
	 	 	 	        Authorized Signature
	Date:	 	 
	 	Date:	 	 

	

ATTEST:	
 	

 	
 	

 
	

By:	
 	

 
	
 	

 	
 	

 
	Title:

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