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  Exhibit 10.81    
    

 Aerospace/Defense, Inc.

4838 Jenkins Avenue

North Charleston, SC 29405

Telephone: (843) 744-5174

Facsimile: (843) 747-4092

E-mail: garfinklel@intertechse.com  

June 2,
2008

John
F. Wall, III, Esquire

Vice President, Legal Affairs

Force Protection Industries, Inc.

9601 Highway 78

Ladson, SC 29456 

	Re:
	Amendment to each of the following Leases between Aerospace/Defense, Inc. (the "Landlord") and Force
Protection Industries, Inc. and Force Protection, Inc. (collectively, the "Tenant") (covering various buildings/sites located at the Landlord's industrial development situated in Ladson
(Charleston County) South Carolina—extending the Initial Term from January 14, 2009 to March 31, 2009:

	1.
	Fourth
Amended and Restated Industrial Lease (covering certain premises within Building No. 1) effective as of July 1, 2007;

	2.
	Office
Lease dated June 1, 2005 (covering a portion of the Office Area in Building No. 1) last amended by First Amendment to Office Lease
effective as of July 1, 2007;

	3.
	Industrial
Lease dated July 13, 2004 (covering a portion of Building No. 2) last amended by Fourth Amendment to Lease effective as of
November 1, 2007;

	4.
	Industrial
Lease dated September 2, 2003 (covering Building No. 3) last amended by Second Amendment to Lease effective as of July 1,
2007; and

	5.
	(Ground
Lease dated February 1, 2007 (covering the Ground Lease on which Building No. 6 has been built) last amended by First Amendment to
Ground Lease effective as of July 1, 2007. 

(collectively,
the "Leases" and individually a "Lease"). 

Dear
Mr. Wall: 

        Pursuant
to Section 27K of the Leases (referencing amending each Lease), this letter, when signed by an authorized representative of each Tenant, shall serve as an amendment (the
"Second Extension Amendment") to each of the Leases referenced above (as amended by Extension Amendment dated January 10, 2008). 

        The
Initial Term (as that term is defined in each such Lease) is hereby extended to and will expire on March 31, 2009. 

        For
clarification and avoidance of doubt, Section 2 of each Lease (with respect to extending the terms of each Lease) provides in part that the Tenant may extend its option to
renew by notice in writing to the Landlord served at least six (6) months and not more than twelve (12) months prior to the end of the Initial Term or the then-current Option
Period, as the case may be. Therefore, in order for the Tenant to exercise its option to extend the Initial Term of each Lease (should the Tenant so desire to exercise such right(s)) due to expire on
March 31, 2009, as provided for in this Second 

 

Extension
Amendment, the Tenant must serve a notice in writing upon the Landlord no later than September 30, 2008. 

        If
this Second Extension Amendment or the signature page, as executed, is transmitted by one party to the other by facsimile transmission or electronic "pdf" transmission, such
transmission shall be deemed an executed original of this Second Extension Amendment and of such signature. 

        Except
as modified by this Second Extension Amendment, the Leases remain unchanged. 

        If
the Tenants agree to the terms and provisions of this Second Extension Amendment, please have an authorized representative of each Tenant sign below and thereafter either fax or pdf
to me the original hereof. 

Aerospace/Defense, Inc.

							
	By:	 	/s/ M. JERRY GARFINKLE

M. Jerry Garfinkle	 	 	 	 
	Its:	 	Senior Vice President	 	 	 	 

 We agree to the above Second Extension Amendment

							
	Force Protection Industries, Inc.	 	Force Protection, Inc.
	

By:	
 	

/s/ LENA RUTH MACDONALD

	
 	

By:	
 	

/s/ LENA RUTH MACDONALD

	

Its:	
 	

Chief Strategy Officer, General Counsel and Corp Secretary

6/25/08	
 	

Its:	
 	

Chief Strategy Officer, General Counsel and Corp Secretary

6/25/08

2

QuickLinks

Exhibit 10.81Exhibit 10(e)

 

SECOND AMENDMENT TO OFFICE LEASE

 

This SECOND AMENDMENT TO OFFICE LEASE (this “Second Amendment”) is made as of the
30 day of July, 2007 by and between TDC CANADA CORP.,
a Nova Scotia company and successor-in-interest to TDC Canada, Inc. and WACKER GP, INC., a Delaware corporation (collectively, “Landlord”) and QUIXOTE CORPORATION,
a Delaware corporation (“Tenant”),

 

WITNESSETH:

 

A.            Landlord and Tenant entered into a certain
office lease (the “Original Lease”) dated August 30, 2003, whereby Landlord
leased to Tenant certain premises (the “Original Premises”) consisting of
18,789 rentable square feet of office space on the eleventh (11th)
floor (Suite 1100) of that certain office building located at 35 East
Wacker Drive, Chicago, Illinois, for a lease term to expire on February 28,
2019.

 

B.            Landlord and Tenant entered into a certain
First Amendment to Office Lease (the “First Amendment”) dated July 1,
2004, whereby Landlord leased to Tenant certain additional premises (the “First
Additional Space”) consisting of 125 rentable square feet of office space
located on the eleventh (11th) floor (Suite 1110) of the
aforesaid building, for a lease term to expire on February 28, 2019. The
Original Lease, as amended by the First Amendment, is hereinafter called the “Lease”.

 

C.            Pursuant to Section 28.1 of the Original
Lease, Tenant has an option to lease certain expansion space located on the
eleventh (11th) floor of the aforesaid building.

 

D.            Tenant desires to now lease all of such
expansion space, but to use same for storage (and not general office) purposes,
and Landlord is willing to now lease such expansion space to Tenant for storage
purposes.

 

E.             Landlord and Tenant desire to amend the Lease
and reflect the lease by Landlord to Tenant of all such expansion space,
subject to the terms and conditions hereinafter set fourth.

 

NOW, THEREFORE,
for good and valuable consideration, the receipt and legal sufficiency of which
are hereby acknowledged, Landlord and Tenant hereby agree as follows:

 

1.             Definitions. Each capitalized term used in this Second
Amendment shall have the same
meaning as is ascribed to such capitalized term in the Lease, unless otherwise provided herein.

 

2.             Second Additional Space

 

(a)   Landlord leases to Tenant and Tenant leases from Landlord those certain
premises (the “Second Additional Space”) consisting of 2,168 rentable square
feet of office space located on the eleventh (11th) floor (Suite 1150)
of the Building as shown on Exhibit A attached hereto. The Second
Additional Space is leased for a lease tern commencing on August 1, 2007,
and expiring on February 28, 2019, unless sooner terminated as provided in
the Lease and subject to renewal as provided in Paragraph 2(e) below.
Tenant may take occupancy of the Second Additional Space on or after the full
execution of this Second Amendment. The Second Additional Space is leased upon
all of the same terms and provisions as are contained in the Lease, except as
otherwise provided in this Second Amendment or as may be inconsistent with the
provisions of this Second Amendment. From and after the full execution of this
Second Amendment, all references in the Lease to “Premises” shall mean and
refer to the Original Premises, the First Additional Space, and the Second
Additional Space, collectively.

 

(b)   Effective as of August 1, 2007, Tenant shall pay Base Rent for the
Second Additional Space in the following amounts for the following periods:

 

 

SECOND ADDITIONAL SPACE (2,168
RSF)

 

	
  PERIOD

  	
   

  	
  MONTHLY

  BASE RENT

  	
   

  	
  ANNUAL

  BASE RENT

  	
   

  	
  ANNUAL BASE

  RENT PER RSF

  	
   

  
	
  8/1/07-2/29/08

  	
   

  	
  2,710.00

  	
   

  	
  18,970.00

  	
   

  	
  15.00

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  (7 Months)

  	
   

  	
   

  	
   

  
	
  3/1/08-2/28/08

  	
   

  	
  2,800.33

  	
   

  	
  33,603.96

  	
   

  	
  15.50

  	
   

  
	
  3/1/09-2/28/10

  	
   

  	
  2,890.67

  	
   

  	
  34,688.04

  	
   

  	
  16.00

  	
   

  
	
  3/1/10-2/28/11

  	
   

  	
  2,981.00

  	
   

  	
  35,772.00

  	
   

  	
  16.50

  	
   

  
	
  3/1/11-2/29/12

  	
   

  	
  3,071.33

  	
   

  	
  36,855.96

  	
   

  	
  17.00

  	
   

  
	
  3/1/12-2/28/13

  	
   

  	
  3,161.67

  	
   

  	
  37,940.04

  	
   

  	
  17.50

  	
   

  
	
  3/1/13-2/28/14

  	
   

  	
  3,252.00

  	
   

  	
  39,024.00

  	
   

  	
  18.00

  	
   

  
	
  3/1/14-2/28/15

  	
   

  	
  3,342.33

  	
   

  	
  40,107.96

  	
   

  	
  18.50

  	
   

  
	
  3/1/15-2/29/16

  	
   

  	
  3,432.67

  	
   

  	
  41,192.04

  	
   

  	
  19.00

  	
   

  
	
  3/1/16-2/28/17

  	
   

  	
  3,523.00

  	
   

  	
  42,276.00

  	
   

  	
  19.50

  	
   

  
	
  3/1/17-2/28/18

  	
   

  	
  3,613.33

  	
   

  	
  43,360.00

  	
   

  	
  20.00

  	
   

  
	
  3/1/18-2/28/19

  	
   

  	
  3,703.67

  	
   

  	
  44,444.04

  	
   

  	
  20.50

  	
   

  

 

(c)   Subject to paragraph 2(g) below, Tenant shall not be obligated to
pay Additional Rent under Section 4.2 of the Original Lease for the Second
Additional Space.

 

(d)   Landlord shall not be obligated to improve or, subject to Paragraph 2(g) below,
provide Tenant with any allowance to improve, the Second Additional space.  By taking possession of the Second Additional Space
hereunder, Tenant accepts the Second Additional Space as being in good order,
condition and repair otherwise “As-Is”, “Where-Is” and will all faults, known
and unknown.

 

(e)   Section 28.4 of the Lease shall apply to the Second Additional
Space,   and Tenant shall have two (2) options
to extend the Term for the Second Additional Space for five (5) years
each, and, subject 2(g) below, the Base Rent payable for the Second
Additional Space shall continue to increase during the applicable renewal term
at the annual rate of $0.50 per rentable square foot of the Second Additional
Space.

 

(f)    Section 28.5 of the Original Lease (as amended by paragraph 2(f) of
the First Amendment) shall apply to the Second Additional Space, and Tenant
shall have the right to terminate the Lease, as hereby amended, with respect to
the Second Additional Space, subject to the terms and conditions of said Section 28.5.
For purposes of Section 28.5B of the Original Lease, the portion on the
termination fee payable with respect to the Second Additional Space shall,
subject to Paragraph 2(g) below, be $0.00.

 

(g)   Tenant may use the Second Additional Space for storage purposes, but
not for general office or for any other use. Notwithstanding the foregoing,
Tenant shall have the option (the “Conversion Option”) to convert the use the Second
Additional Space from storage use TO general office use; provided, that Tenant
give Landlord a written notice exercising the Conversion Option, which notice
shall set fourth the date ( the “Conversion Date”) upon which Tenant elects to
begin using the Second Additional Space for general office use. If Tenant exercises
the Conversion Option, or otherwise commences occupying any or all of the
Second Additional Space for general office use, then Tenant shall automatically
be deemed to have exercised the Expansion Option pursuant to Section 28.1
of the Original Lease, in which event 

 

 

the “Expansion Effective Date” (as defined in Section 28.1A of the
Original Lease) shall be deemed to be the earlier to occur of (y) the Conversion
Date, or (z) the date upon which Tenant first commences to use any or all
of the Second Additional Space for general office use; and (ii) Tenant
shall continue to pay Base Rent for the Second Additional Space at the rates
set forth in Paragraph 1(b) above through the day immediately preceding
the Expansion Effective Date, and (iii) effective as of the Expansion
Effective Date, Tenant shall commence paying Base Rend and Additional Rent for
the Second Additional Space as provided in the last sentence of Section 28.1A
and in Section 28.1C(b) of the Original Lease.

 

(h)   Effective as of the date of the Second Amendment, Section 28.1 D
of the Original Lease is deleted and shall be of no further force or effect.

 

3.             Broker.
Tenant represents to
Landlord that Tenant has not dealt with any real estate broker, salesperson or
finder in connection with this Second Amendment, and no such person initiated
or participated in the negotiation of this Second Amendment or is entitled to
any commission in connection herewith. Tenant hereby agrees to indemnify,
defend and hold Landlord, its property manager and their respective agents and
employees harmless from and against any and all liabilities, claims, demands,
actions, damages, costs, and expenses (including attorney’s fees) arising from
either (a) a claim for a fee or commission made by any broker claiming to
have acted by or on behalf of Tenant in connection with this Second Amendment,
or (b) a claim of, or right to, lien under the Statutes of Illinois,
relating to real estate broker liens with respect to any broker retained by
Tenant. Landlord agrees to pay any commissions owing to the Broker by reason of
this Second Amendment pursuant to separate agreement between Landlord and the
Broker.

 

4.             Anti-Terrorism Representation. Neither Tenant nor any of its affiliates or constituents nor, to the
best of Tenant’s knowledge (without independent investigation or inquiry), any
brokers or other agents of same, have engaged in any dealings or transactions,
directly or indirectly (i) in contravention of any U.S., international or
other money laundering regulations or conventions, including, without
limitation, the United States Bank Secrecy Act, the United States Money
Laundering Control Act of 1986, the United States International Money Laundering
Abatement and Anti-Terrorist Financing Act of 2001, Trading with the Enemy Act
(50 U.S.C. § 1 et seq., as amended), or any foreign asset control regulations
of the United States Treasury Department (31 CFR, Subtitle B, Chapter V, as
amended) or any enabling legislation or executive order relating thereto, or (ii) in
contravention of Executive Order No. 13224 dated September 24, 2001
issued by the President of the United States (Executive Order Blocking Property
and Prohibiting Transactions with Persons Who Commit, Threaten to Commit, or
Support Terrorism), as may be amended or supplemented from time to time (“Anti-Terrorism
Order”) or on behalf of terrorist or terrorist organizations, including those
persons or entities that are included on any relevant lists maintained by the
United Nations, North Atlantic Treaty Organization, Organization of Economic Cooperation
and Development, Financial Action Task Force, U.S. Office of Foreign Assets
Control, U.S. Securities & Exchange Commission, U.S. Federal Bureau of
Investigation, U.S. Central Intelligence Agency, U.S. Internal Revenue Service,
or any country or organization, all as may be amended from time to time.
Neither Tenant nor any of its affiliates or constituents nor, to the best of
Tenant’s knowledge, any brokers or other agents of same, (i) are or will
be conducting any business or engaging in any transaction with any person
appearing on the U.S. Treasury Department’s Office of Foreign Assets Control
list of restrictions and prohibited persons, or (ii) are a person described
in section 1 of the Anti-Terrorism Order, and to the best of Tenant’s knowledge
(without independent investigation or inquiry), neither Tenant nor any of its
affiliates have engaged in any dealings or transactions, or otherwise been
associated with any such person. If at any time this representation becomes
false then it shall become considered a default under the Lease, as amended
hereby, and 

 

 

Landlord shall have the right to exercise all the remedies set fourth
in the Lease in the event of a default or to terminate the Lease immediately.

 

5.             Submission.
Submission of the Second Amendment by Landlord to Tenant for examination and/or
execution shall not in any manner bind Landlord and no obligations on landlord
shall arise under this Second Amendment unless and until this Second Amendment is
fully signed and delivered by Landlord and Tenant; provided, however, the
execution and delivery by Tenant of this Second Amendment to Landlord shall
constitute an irrevocable offer by Tenant on the terms and conditions herein
contained, which offer may not be revoked for fifteen (15) days after such
delivery.

 

6.             Limitation of Liability. The Provisions of Section 23 of the Original Lease are
incorporated herein by this reference and shall expressly apply with respect to
this Second Amendment.

 

7.             Binding Effect.
The Lease, as heretofore and hereby amended, shall continue in full force and
effect, subject to the terms and provisions thereof and hereof. This Second
Amendment shall be binding upon and inure to the benefit of Landlord, Tenant,
and their respective successors and permitted assigns.

 

8.             Conflict.
In the event of any conflict between the terms of the Lease and the terms of
this Second Amendment, the terms of this Second Amendment shall control.

 

IN WITNESS WHEREOF, this Second Amendment is
executed as of the day and year aforesaid.

 

	
   

  	
   

  	
  TENANT:

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
  QUIXOTE CORPORATION, a Delaware corporation

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By:

  	
  /s/Daniel P. Gorey

  
	
   

  	
   

  	
  Title: 

  	
  Vice President and Chief Financial Officer

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
  LANDLORD:

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
  TDC CANADA
  CORP., a Nava
  Scotia company and

  
	
   

  	
   

  	
  Successor-in-interest
  to TDC Canada, INC.

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By:

  	
  /s/ Rudy Banducci

  
	
   

  	
   

  	
  Title: 

  	
  Vice President

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  WACKER
  GP, INC., a
  Delaware corporation

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By:

  	
  /s/
  Rudy Banducci

  
	
   

  	
   

  	
  Title:
  

  	
  Vice
  President

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