Document:

Office Lease

 Exhibit 10.1 
 OFFICE LEASE 
 BETWEEN 
 FUND II AND FUND III ASSOCIATES 
 (“LANDLORD”) 
 AND 
 HOYER GLOBAL (USA), INC. 

 (“TENANT”) 

 TABLE OF CONTENTS 
  

					
	 	  	 	  	PAGE
	1.	  	Basic Lease Information	  	1
	2.	  	Lease Grant	  	3
	3.	  	Term; Adjustment of Commencement Date; Early Access	  	4
	4.	  	Rent	  	4
	5.	  	Tenant’s Use of Premises	  	9
	6.	  	Security Deposit	  	9
	7.	  	Services to be Furnished by Landlord	  	10
	8.	  	Use of Electrical Services by Tenant	  	11
	9.	  	Repairs and Alterations	  	12
	10.	  	Entry by Landlord	  	13
	11.	  	Assignment and Subletting	  	13
	12.	  	Liens	  	15
	13.	  	Indemnity	  	15
	14.	  	Insurance	  	16
	15.	  	Mutual Waiver of Subrogation	  	16
	16.	  	Casualty Damage	  	17
	17.	  	Condemnation	  	18
	18.	  	Events of Default	  	18
	19.	  	Remedies	  	18
	20.	  	Limitation of Liability	  	21
	21.	  	No Waiver	  	21
	22.	  	Tenant’s Right to Possession	  	21
	23.	  	Relocation	  	21
	24.	  	Holding Over	  	21
	25.	  	Subordination to Mortgages; Estoppel Certificate	  	22
	26.	  	Attorneys’ Fees	  	22
	27.	  	Notice	  	22
	28.	  	Reserved Rights	  	23
	29.	  	Surrender of Premises	  	23
	30.	  	Hazardous Materials	  	24
	31.	  	Miscellaneous	  	24

 EXHIBITS AND RIDERS: 
  

			
	EXHIBIT A-1	  	OUTLINE AND LOCATION OF PREMISES
	EXHIBIT A-2	  	LEGAL DESCRIPTION OF PROPERTY
	EXHIBIT B	  	RULES AND REGULATIONS
	EXHIBIT C	  	COMMENCEMENT LETTER
	EXHIBIT D	  	WORK LETTER
	EXHIBIT E	  	PARKING AGREEMENT
		
	RIDER NO. 1	  	OPTION TO EXTEND
	RIDER NO. 2	  	RIGHT OF FIRST OFFER

  

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 OFFICE LEASE 
 This Office Lease (this “Lease”) is entered into by and between FUND II AND FUND III ASSOCIATES, a Georgia joint venture (“Landlord”), and HOYER GLOBAL (USA), INC., a(n)
Texas corporation (“Tenant”), and shall be effective as of the date set forth below Landlord’s signature (the “Effective Date”) 
 1. Basic Lease Information. The key business terms used in this Lease are defined as follows: 
 A. “Building”: The building located at 2100 Space Park Drive, Nassau Bay, Harris County, Texas 77058. 
 B. “Rentable Square Footage of the Building” is agreed and stipulated to be 115,878 square feet. 
 C. “Premises”: The area shown on Exhibit A-1 to this Lease. The Premises are located on floor 2 of the Building and known as suite number 200. The “Rentable Square Footage of the
Premises” is deemed to be 22,549 square feet. Within five (5) Business Days following the Commencement Date, Tenant may by written request to Landlord require that the Rentable Square Footage of the Premises be
verified at Tenant’s sole cost by a space planner/designer reasonably acceptable to both Landlord and Tenant, utilizing the Modified BOMA Standards specified in Exhibit A-3 to this Lease. If the Premises include, now or
hereafter, one or more floors in their entirety, all corridors and restroom facilities located on such full floor(s) shall be considered part of the Premises. Landlord and Tenant stipulate and agree that the Rentable Square Footage of the Building
hereinabove specified is correct and shall not be re-measured, and, unless the Rentable Square Footage of the Premises is re-measured as hereinabove provided, the Rentable Square Footage of the Premises set forth herein shall be deemed correct and
shall not be remeasured. 
 D. “Base Rent”: 
  

																					
	 Period
	  	 	  	 	  	 	  	Annual Base Rent Rate
Per Rentable
Square
Foot	  	Monthly
Base Rent
	 CD *
	 	to	 	Month 6	  		  		  		  		  		  	$	0.00	  	$	0.00
	 Month 7
	 	to	 	Month 12	  		  		  		  		  		  	$	18.50	  	$	34,763.04
	 Month 13
	 	to	 	Month 24	  		  		  		  		  		  	$	19.00	  	$	35,702.58
	 Month 25
	 	to	 	Month 36	  		  		  		  		  		  	$	19.50	  	$	36,642.13
	 Month 37
	 	to	 	Month 48	  		  		  		  		  		  	$	20.00	  	$	37,581.67
	 Month 49
	 	to	 	Month 60	  		  		  		  		  		  	$	20.50	  	$	38,521.21
	 Month 61
	 	to	 	Month 72	  		  		  		  		  		  	$	21.00	  	$	39,460.75
	 Month 73
	 	to	 	ED *	  		  		  		  		  		  	$	21.50	  	$	40,400.29

  

	*	CD = Commencement
Date                            ED = Expiration Date 

 Month = A full calendar month; for example, if the Commencement Date occurs on June 21, Month 1 will be July 1 through July 31,
Month 2 will be August 1 through August 31, and so on; provided that if the Commencement Date is other than the first day of a calendar month, the Base Rent abatement hereinabove provided shall extend from the Commencement Date to the date
that is the same calendar day six months thereafter, and the Base Rent for the remainder of such month shall be prorated on a daily basis. 
 E. “Tenant’s Pro Rata Share”: The percentage equal to the Rentable Square Footage of the Premises divided by the Rentable Square Footage of the Building. 
 F. “Base Year” for Operating Expenses: 2008. 
 G. “Term”: The period of approximately 90 months starting on the Commencement Date, subject to the provisions of
Article 3. 
 H. “Outside Commencement Date”: August 1, 2008. 
  

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 I. “Security Deposit”: $40,400.29. 
 J. “Guarantor(s)”: None. 
 K. “Business Day(s)”: Monday through Friday of each week, exclusive of New Year’s Day, Memorial Day, Independence Day, Labor Day, Thanksgiving Day, the day after Thanksgiving and
Christmas Day (“Holidays”). Landlord may designate additional Holidays, provided that the additional Holidays are recognized by a majority of comparable office buildings in the area where the Building is located. 

L. “Law(s)”: All applicable statutes, codes, ordinances, orders, rules and regulations of any municipal or governmental
entity, now or hereafter adopted, including the Americans with Disabilities Act and any other law pertaining to disabilities and architectural barriers (collectively, “ADA”), and all laws pertaining to the environment, including the
Comprehensive Environmental Response, Compensation and Liability Act, as amended, 42 U.S.C. §9601 et seq. (“CERCLA”), and all restrictive covenants existing of record and all rules and requirements of any existing
association or improvement district affecting the Property. 
 M. “Normal Business Hours”: 7:00 A.M. to
6:00 P.M. on Business Days and 7:00 A.M. to 12:00 P.M. on Saturdays, exclusive of Holidays. 
 N. “Notice
Addresses”: 
 Tenant: On or after the Commencement Date, notices shall be sent to Tenant at the Premises. Prior to the Commencement
Date, notices shall be sent to Tenant at the following address: 
  

					
	16055 Space Center Boulevard	 	With a copy to:	 	
	Houston, TX 77062	 		 	
	Attn:
                                	 	Brown Sims PC	 	
	Phone #: (281) 853-1000	 	1177 West Loop South	 	
	Fax #:
                                	 	Tenth Floor	 	
		 	Houston, TX 77027	 	
		 	Attn: Michael Bowdoin	 	
			
	Landlord:	 	With a copy to:	 	
			
	Fund II and Fund III Associates	 	Jackson Walker L.L.P.	 	
	c/o Wells Capital, Inc.	 	1401 McKinney	 	
	6200 The Corners Parkway	 	Suite 1900	 	
	Atlanta, GA 30092	 	Houston, TX 77010	 	
	Attn: Asset Management	 	Attn: Michael K. Kuhn	 	
	Phone #: 770-449-7800	 	Phone #: 713-752-4309	 	
	Fax #: 770-243-4684	 	Fax #: 713-752-4221	 	

 O. Rent (defined in Section 4.A) is payable to the order of Fund
II And Fund III Associates as follows: 
 if by check: 
 Fund II And Fund III Associates 
 Attn.: Property Accounting 
 Reference: Hoyer Global (USA), Inc 
 6200 The
Corners Parkway 
 Norcross, Georgia 30092-3365 
 if by wire transfer: 
 Bank Name – Bank of America 
 Bank Address – Atlanta, GA 
 ABA # –
026009593 – Wires Only  
 Account Name – Fund II And Fund III Associates 
 Account # – 108062994 
  

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 Reference: Hoyer Global (USA), Inc  
 ABA for Checks & ACH Only: 061000052 
 P. “Other Defined Terms”: In addition to the terms defined above, an index of the other defined terms used in the text of this Lease is set forth below, with a cross-reference to the
paragraph in this Lease in which the definition of such term can be found: 
  

			
	Affiliate	  	11.E
	Alterations	  	9.C(1)
	Audit Election Period	  	4.G
	Cable	  	9.A
	Claims	  	13
	Collateral	  	19.E
	Commencement Date	  	3.A
	Common Areas	  	2
	Completion Estimate	  	16.B
	Contamination	  	30.C
	Costs of Reletting	  	19.B
	Excess Operating Expenses	  	4.B
	Expiration Date	  	3.A
	Force Majeure	  	31.C
	Hazardous Materials	  	30.C
	Landlord Parties	  	13
	Landlord’s Rental Damages	  	19.B
	Leasehold Improvements	  	29
	Minor Alterations	  	9.C(1)
	Monetary Default	  	18.A
	Mortgage	  	25
	Mortgagee	  	25
	Operating Expenses	  	4.D
	Permitted Transfer	  	11.E
	Permitted Use	  	5.A
	Prime Rate	  	19.B
	Property	  	2
	Provider	  	7.C
	Relocated Premises	  	23
	Relocation Date	  	23
	Rent	  	4.A
	Service Failure	  	7.B
	Special Installations	  	29
	Substantial Completion	  	Work Letter
	Taking	  	17
	Tenant Parties	  	13
	Tenant’s Insurance	  	14.A
	Tenant’s Property	  	14.A
	Tenant’s Removable Property	  	29
	Time Sensitive Default	  	18.B
	Transfer	  	11.A
	 Work Letter
	  	3.B

 2. Lease Grant. Landlord leases the Premises to Tenant and Tenant leases the Premises from Landlord,
together with the right in common with others to use any portions of the Property (defined below) that are designated by Landlord for the common use of tenants and others, such as sidewalks, common corridors, vending areas, lobby areas and, with
respect to multi-tenant floors, restrooms and elevator foyers (the “Common Areas”). “Property” means the Building and the parcel(s) of land on which it is located as more fully described on
Exhibit A-2, together with all other buildings and improvements located thereon; and the Building garage(s) and other improvements serving the Building, if any, and the parcel(s) of land on which they are located. 
  

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 3. Term; Adjustment of Commencement Date; Early Access. 
 A. Term. This Lease shall govern the relationship between Landlord and Tenant with respect to the Premises from the Effective Date
through the last day of the Term specified in Section 1.G (the “Expiration Date”), unless terminated early in accordance with this Lease. The Term of this Lease (as specified in
Section 1.G) shall commence on the “Commencement Date”, which shall be the earlier of (1) the date Tenant takes possession of any part of the Premises for purposes of conducting business, or (2) the
Outside Commencement Date. If Landlord is delayed in delivering possession of the Premises or any other space due to any reason, including without limitation the holdover or unlawful possession of such space by any third party, such delay shall not
be a default by Landlord, render this Lease void or voidable, or otherwise render Landlord liable for damages except as expressly set forth in this Lease. Promptly after the determination of the Commencement Date, the Expiration Date, the Rent
schedule and any other variable matters, Landlord shall prepare and deliver to Tenant a commencement letter agreement substantially in the form attached as Exhibit C. If such commencement letter is not executed by Tenant or
objected to in writing by Tenant within 30 days after delivery of same by Landlord, then Tenant shall be deemed to have agreed with the matters set forth therein. Notwithstanding any other provision of this Lease to the contrary, if the Expiration
Date would otherwise occur on a date other than the last day of a calendar month, then the Term shall be automatically extended to include the last day of such calendar month, which shall become the Expiration Date. 
 B. Acceptance of Premises. The Premises are accepted by Tenant in “as is” condition and configuration subject to any
latent defects in the Premises other than work performed by Tenant Parties (defined below) pursuant to a separate work letter agreement (the “Work Letter”) attached as Exhibit D.
TENANT HEREBY AGREES THAT THE PREMISES ARE IN GOOD ORDER AND
SATISFACTORY CONDITION AND THAT, EXCEPT AS OTHERWISE EXPRESSLY SET FORTH IN
THIS LEASE, THERE ARE NO REPRESENTATIONS OR WARRANTIES OF ANY KIND,
EXPRESS OR IMPLIED, BY LANDLORD REGARDING THE PREMISES, THE BUILDING OR
THE PROPERTY. 
 C. Delivery of Premises prior to Outside Commencement Date.
Landlord will use commercially reasonable efforts to deliver the Premises to Tenant upon delivery to Tenant of a fully executed counterpart of this Lease (the “Estimated Delivery Date”) and Tenant shall be entitled to take
possession of the Premises for the purpose of conducting the Tenant Work. The actual date of delivery of the Premises to Tenant, whether such occurs before or after the Estimated Delivery Date, shall be referred to herein as the “Delivery
Date”. Notwithstanding the foregoing, if Landlord is delayed in delivering possession of the Premises to Tenant by the Estimated Delivery Date due to any reason, including the holdover or unlawful possession of such space by any third
party, or for any other reason, such delay shall not be a default by Landlord, render this Lease void or voidable, or otherwise render Landlord liable for damages, and Tenant’s sole and exclusive remedy for any such delay shall be a resulting
day for day postponement of the Delivery Date (and a corresponding day for day postponement of the Outside Commencement Date). Tenant’s access to the Premises between the Delivery Date and the Commencement Date shall be subject to the terms and
conditions of this Lease, except that Tenant shall not be required to pay Base Rent and Tenant’s Pro Rata Share of Excess Operating Expenses for any days of such early access; provided however, Tenant shall pay for the cost of any other
Building services requested by Tenant (e.g., freight elevator usage). 
 4. Rent. 
 A. Payments. As consideration for this Lease, commencing on the Commencement Date, Tenant shall pay Landlord, without any demand,
setoff or deduction except as expressly set forth in this Lease, the total amount of Base Rent, Tenant’s Pro Rata Share of Excess Operating Expenses, and any and all other sums payable by Tenant under this Lease (all of which are sometimes
collectively referred to as “Rent”). Tenant shall pay and be liable for Tenant’s allocable portion of all rental, gross receipts, sales and use, or other taxes, if any, imposed upon or measured by rents, receipts or
income attributable to ownership, use, occupancy, rental, leasing, operation or possession of the Property. The monthly Base Rent and Tenant’s Pro Rata Share of Excess Operating Expenses shall be due and payable in advance on the first day of
each calendar month without notice or demand, provided that the installment of Base Rent for the first full calendar month of the Term shall be payable upon the execution of this Lease by Tenant. 

  

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All other items of Rent shall be due and payable by Tenant on or before 30 days after billing by Landlord. All payments of Rent shall be by good and
sufficient check or by other means (such as automatic debit or electronic transfer) acceptable to Landlord. If the Term commences on a day other than the first day of a calendar month, the monthly Base Rent and Tenant’s Pro Rata Share of any
Excess Operating Expenses for the month shall be prorated on a daily basis based on a 360 day calendar year, and such prorated amount shall be due and payable on the first day of the month following the Commencement Date. Landlord’s acceptance
of less than the correct amount of Rent shall be considered a payment on account of the earliest Rent due, and such acceptance shall not constitute a waiver of the remaining unpaid balance. No endorsement or statement on a check or letter
accompanying a check or payment shall be considered an accord and satisfaction, and either party may accept such check or payment without such acceptance being considered a waiver of any rights such party may have under this Lease or applicable Law.
Tenant’s covenant to pay Rent is independent of every other covenant in this Lease. 
 B. Excess Operating
Expenses. Tenant shall pay Tenant’s Pro Rata Share of the amount, if any, by which Operating Expenses (defined in Section 4.D) for each calendar year subsequent to the Base Year during the Term calculated on a per square
foot basis of Rentable Square Footage exceed the Operating Expenses for the Base Year (the “Excess Operating Expenses”). Notwithstanding the foregoing, Tenant’s Pro Rata Share of Controllable Expenses (defined below)
shall not increase by more than 6% over Tenant’s Pro Rata Share of Controllable Expenses in the previous calendar year, including the Base Year, on a cumulative, compounded basis. However, any increases in Excess Operating Expenses not
recovered by Landlord due to the foregoing limitation shall be carried forward into succeeding calendar years during the Term (subject to the foregoing limitation) until fully recouped by Landlord. The term “Controllable
Expenses” means all Operating Expenses excluding expenses relating to the cost of utilities, security expenses, insurance, real estate taxes and assessments, and other expenses not within Landlord’s control. If
Operating Expenses in any calendar year decrease below the Operating Expenses for the Base Year, Tenant’s Pro Rata Share of Operating Expenses for that calendar year shall be $0. In no event shall Base Rent be reduced if Operating Expenses for
any calendar year are less than the Operating Expenses for the Base Year. On or about January 1 of each calendar year, Landlord shall provide Tenant with a good faith estimate of the Excess Operating Expenses for such calendar year during the
Term. On or before the first day of each month, Tenant shall pay to Landlord a monthly installment equal to one-twelfth of Tenant’s Pro Rata Share of Landlord’s estimate of the Excess Operating Expenses. If Landlord determines that its
good faith estimate of the Excess Operating Expenses was incorrect, Landlord may provide Tenant with a revised estimate. After its receipt of the revised estimate, Tenant’s monthly payments shall be based upon the revised estimate. If Landlord
does not provide Tenant with an estimate of the Excess Operating Expenses by January 1 of a calendar year, Tenant shall continue to pay monthly installments based on the most recent estimate(s) until Landlord provides Tenant with the new
estimate. Upon delivery of the new estimate, an adjustment shall be made for any month for which Tenant paid monthly installments based on the same year’s prior incorrect estimate(s). Tenant shall pay Landlord the amount of any underpayment
within 30 days after receipt of the new estimate. Any overpayment shall be credited against the next sums due and owing by Tenant or, if no further Rent is due, refunded directly to Tenant within 30 days of determination. The obligation of Tenant to
pay for Excess Operating Expenses or Landlord’s refund of overpayments by Tenant as provided herein shall survive the expiration or earlier termination of this Lease. 
 C. Reconciliation of Operating Expenses. Within 120 days after the end of each calendar year or as soon thereafter as is
practicable, Landlord shall furnish Tenant with a statement of the actual Operating Expenses and Excess Operating Expenses for such calendar year. If the most recent estimated Excess Operating Expenses paid by Tenant for such calendar year are more
than the actual Excess Operating Expenses for such calendar year, Landlord shall apply any overpayment by Tenant against Rent due or next becoming due; provided, if the Term expires before the determination of the overpayment, Landlord shall, within
30 days of determination, refund any overpayment to Tenant after first deducting the amount of Rent due. If the most recent estimated Excess Operating Expenses paid by Tenant for the prior calendar year are less than the actual Excess Operating
Expenses for such year, Tenant shall pay Landlord, within 30 days after its receipt of the statement of Operating Expenses, any underpayment for the prior calendar year. If Landlord does not deliver a statement of the actual Operating Expenses and
Excess Operating Expenses to Tenant within three hundred (300) days after the end of any calendar year during the Term, then Tenant shall have no further obligation 

  

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to pay any such amount subsequently invoiced by Landlord with respect to such prior calendar year, nor shall Tenant be entitled to any credit or refund of
any overpayment of estimated Excess Operating Expenses paid by Tenant for such prior calendar year. 
 D. Operating Expenses
Defined. “Operating Expenses” means all costs and expenses incurred or accrued in each calendar year in connection with the ownership, operation, maintenance, management, repair and protection of the Property which
are directly attributable or reasonably allocable to the Building, including Landlord’s personal property used in connection with the Property and including all costs and expenditures relating to the following: 
 (1) Operation, maintenance and repair of any part of the Property, including the mechanical, electrical, plumbing, HVAC, vertical transportation, fire
prevention and warning and access control systems; materials and supplies (such as building standard light bulbs and ballasts); equipment and tools; building standard floor, wall and window coverings; personal property; required or beneficial
easements; and related service agreements and rental expenses. 
 (2) Administrative costs and management fees, including accounting,
information and professional services (except for negotiations and disputes with specific tenants not affecting other parties); management office(s); and wages, salaries, benefits, reimbursable expenses and taxes (or allocations thereof) for full
and part time personnel at or below the level of Building manager involved in operation, maintenance and management. 
 (3) Janitorial
service; window cleaning; waste disposal; gas, water and sewer and other utility charges (including add-ons); and landscaping, including all applicable tools and supplies. 
 (4) Property, liability and other insurance coverages carried by Landlord, including deductibles and risk retention programs and a proportionate
allocation of the cost of blanket insurance policies maintained by Landlord and/or its Affiliates (defined below). 
 (5) Real estate taxes,
assessments, excises, association dues, fees, levies, charges and other taxes of every kind and nature whatsoever, general and special, extraordinary and ordinary, foreseen and unforeseen, including interest on installment payments, which may be
levied or assessed against or arise in connection with ownership, use, occupancy, rental, leasing, operation or possession of the Property, or paid as rent under any ground lease (“Tax Expenses”). Tax Expenses shall include,
without limitation: (i) any tax on the rent or other revenue from the Property, or any portion thereof, or as against the business of owning or leasing the Property, or any portion thereof, including any business, gross margins, or similar tax
payable by Landlord which is attributable to rent or other revenue derived from the Property, (ii) any assessment, tax, fee, levy, or charge allocable to or measured by the area of the Premises or the Rent payable hereunder, (iii) personal
property taxes for property that is owned by Landlord and used in connection with the operation, maintenance and repair of the Property, (iv) any assessment, tax, fee, levy or charge, upon this transaction or any document to which Tenant is a
party, creating or transferring an interest or an estate in the Premises, and (v) any assessment, tax, fee, levy or charge substituted, in whole or in part, for a tax previously in existence, or assessed in lieu of a tax increase. Tax Expenses
shall not include Landlord’s estate, excise, income or franchise taxes (except to the extent provided above). 
 (6) Compliance with
Laws, including license, permit and inspection fees (but not in duplication of capital expenditures amortized as provided in Section 4.D(9)); and all expenses and fees, including attorneys’ fees and court or other venue of
dispute resolution costs, incurred in negotiating or contesting real estate taxes or the validity and/or applicability of any governmental enactments which may affect Operating Expenses; provided Landlord shall credit against Operating Expenses any
refunds received from such negotiations or contests to the extent originally included in Operating Expenses (less Landlord’s reasonable costs). 
 (7) Building safety services, to the extent provided or contracted for by Landlord. 
 (8) Goods and services
purchased from Landlord’s subsidiaries and Affiliates to the extent the cost of same is generally consistent with the actual rates charged by unaffiliated third parties for similar goods and services. 
  

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 (9) Amortization of capital expenditures incurred: (a) to conform with Laws enacted, amended or
interpreted differently after the Commencement Date; (b) to provide or maintain building standards (other than building standard tenant improvements); or (c) with the intention of promoting safety or reducing or controlling increases in
Operating Expenses, such as lighting retrofit and installation of energy management systems. Such expenditures shall be amortized uniformly over the following periods of time (together with interest on the unamortized balance at the Prime Rate
(defined in Section 19.B) as of the date incurred plus 2%): for building improvements, the shorter of 10 years or the estimated useful life of the improvement; and for all other items, 3 years for expenditures under $50,000 and 5
years for expenditures in excess of $50,000. Notwithstanding the foregoing, Landlord may elect to amortize capital expenditures under this subsection over a longer period of time based upon (i) the purpose and nature of the expenditure,
(ii) the relative capital burden on the Property, (iii) for cost savings projects, the anticipated payback period, and (iv) otherwise in accordance with sound real estate accounting principles consistently applied. 
 (10) Electrical services used in the operation, maintenance and use of the Property; sales, use, excise and other taxes assessed by governmental
authorities on electrical services supplied to the Property, and other costs of providing electrical services to the Property. 
 E.
Exclusions from Operating Expenses. Operating Expenses exclude the following expenditures: 
 (1) Leasing commissions,
attorneys’ fees and other expenses related to leasing tenant space and constructing improvements for the benefit of an individual tenant. 
 (2) Goods (including fixtures and equipment) and services furnished by Landlord to an individual tenant of the Building which are specific to such tenant’s requirements and are in addition to the Building standard goods and services
provided to Tenant and other tenants generally in the Building. 
 (3) Repairs, replacements and general maintenance paid by insurance
proceeds or condemnation proceeds. 
 (4) Except as provided in Section 4.D(9), depreciation, amortization, interest
payments on any encumbrances on the Property and the cost of capital improvements or additions. 
 (5) Costs of installing any specialty
service, such as an observatory, broadcasting facility, luncheon club, or athletic or recreational club. 
 (6) Expenses for repairs or
maintenance related to the Property which have been reimbursed to Landlord pursuant to warranties or service contracts. 
 (7) Costs (other
than maintenance costs) of any art work (such as sculptures or paintings) used to decorate the Building. 
 (8) Principal and/or interest
payments on indebtedness secured by liens against the Property, or costs of refinancing such indebtedness. 
 (9) Rental, gross receipts,
sales and use, or other taxes, if any, imposed upon or measured by rents, receipts or income attributable to ownership, use, occupancy, rental, leasing, operation or possession of the Property which have been paid by tenants pursuant to
Section 4.A. 
 (10) Legal expenses, other than those incurred for the general benefit of the Building’s tenants (e.g., tax
disputes). 
 (11) Overtime wages and other expenses of Landlord in curing defaults or performing work expressly provided in this Lease to be
borne at Landlord’s expense. 
 (12) Costs due to Landlord’s breach of this Lease or any other lease in the Building. 

 

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 (13) Wages or other personnel related costs of officers, executives and employees of Landlord above the
level of Building manager. 
 (14) Political or charitable contributions. 
 (15) Entertainment or travel expenses of Landlord or its employees, agents, partners and affiliates. 
 (16) Reserves of any kind, including without limitation, replacement reserves and reserves for bad debts or lost rent or any similar charge not involving
the payment of money to third parties. 
 (17) Costs of repair, restoration, replacement or other work occasioned by the gross negligence or
intentional conduct of Landlord, its agents, employees, contractors or subcontractors. 
 (18) Any costs incurred in connection with the
original design and construction of the Building or any major changes to same (including additions or deletions of floors), and correction of defects in design and/or construction of the Building including repair or replacement of defective
equipment. 
 (19) Any other expenses which would not normally be treated as operating expenses by the majority of landlords of Comparable
Buildings using generally accepted real estate accounting principles. “Comparable Buildings” shall mean other comparable office buildings in the Clear Lake submarket of Houston, Texas, taking into account age, size, location
and other relevant operating factors. 
 (20) Landlord will not recover in any one calendar year more than 100% of the actual Operating
Expenses for such year. 
 F. Proration of Operating Expenses; Adjustments. If Landlord incurs Operating Expenses for
the Property together with one or more other buildings or properties, whether pursuant to a reciprocal easement agreement, common area agreement or otherwise, the shared costs and expenses shall be equitably prorated and apportioned by Landlord
between the Property and the other buildings or properties. If the Building is not 95% occupied during any calendar year or partial calendar year or if Landlord is not supplying services to 95% of the total Rentable Square Footage of the Building at
any time during a calendar year or partial calendar year, Operating Expenses shall be determined as if the Building had been 95% occupied and Landlord had been supplying services to 95% of the Rentable Square Footage of the Building during that
calendar year. If Tenant pays for Tenant’s Pro Rata Share of Operating Expenses based on increases over a “Base Year” and Operating Expenses for a calendar year are determined as provided in the prior sentence, Operating Expenses for
the Base Year shall also be determined as if the Building had been 95% occupied and Landlord had been supplying services to 95% of the Rentable Square Footage of the Building. The extrapolation of Operating Expenses under this Section shall be
performed by Landlord by adjusting the cost of those components of Operating Expenses that are impacted by changes in the occupancy of the Building. 
 G. Audit Rights. Within 60 days after Landlord furnishes its statement of actual Operating Expenses for any calendar year (including the Base Year) during the Term (the “Audit
Election Period”), Tenant may, at its expense, elect to audit Landlord’s Operating Expenses for such calendar year only, subject to the following conditions: (1) there is no uncured event of default under this Lease;
(2) the audit shall be prepared by an independent certified public accounting firm of recognized national standing; (3) in no event shall any audit be performed by a firm compensated in any material respect on a “contingency fee”
basis; (4) the audit shall commence within 30 days after Landlord makes Landlord’s books and records available to Tenant’s auditor and shall conclude within 60 days after commencement; (5) the audit shall be conducted during
Landlord’s normal business hours at the location where Landlord maintains its books and records and shall not unreasonably interfere with the conduct of Landlord’s business; and (6) Tenant and its accounting firm shall treat any audit
in a confidential manner and shall each execute Landlord’s confidentiality agreement for Landlord’s benefit prior to commencing the audit. This paragraph shall not be construed to limit, suspend, or abate Tenant’s obligation to pay
Rent when due, including estimated Excess Operating Expenses. Landlord shall credit any 

  

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overpayment determined by the final approved audit report against the next Rent due and owing by Tenant or, if no further Rent is due, refund such
overpayment directly to Tenant within 30 days of determination. Likewise, Tenant shall pay Landlord any underpayment determined by the final approved audit report within 30 days of determination. The foregoing obligations shall survive the
expiration or termination of this Lease. If Tenant does not give written notice of its election to audit Landlord’s Operating Expenses during the Audit Election Period, Landlord’s Operating Expenses for the applicable calendar year shall
be deemed approved for all purposes, and Tenant shall have no further right to review or contest the same. The right to audit granted hereunder is personal to the initial Tenant named in this Lease and to any assignee under a Permitted Transfer
(defined below) and shall not be available to any subtenant under a sublease of the Premises. 
 5. Tenant’s Use of Premises. 

A. Permitted Uses. The Premises shall be used only for general office use (the “Permitted Use”) and for no
other use whatsoever. Tenant shall not use or permit the use of the Premises for any purpose which is illegal, creates obnoxious odors (including tobacco smoke), noises or vibrations, is dangerous to persons or property or increases Landlord’s
insurance costs. Except as provided below, the following uses are expressly prohibited in the Premises: schools, government offices or agencies; personnel agencies; collection agencies; credit unions; data processing, telemarketing or reservation
centers; medical treatment and health care; radio, television or other telecommunications broadcasting; restaurants and other retail; customer service offices of a public utility company or any use which would create a population density in the
Premises which is in excess of the density which is standard for the Building. Notwithstanding the foregoing, the following ancillary uses are permitted in the Premises only so long as they do not, in the aggregate, occupy more than 10% of the
Rentable Square Footage of the Premises or any single floor (whichever is less): (1) the following services provided by Tenant exclusively to its employees or customers: schools, training and other educational services; credit unions; and
similar employee services; and (2) the following services directly and exclusively supporting Tenant’s business: telemarketing; reservations; storage; data processing; debt collection; and similar support services. 
 B. Compliance with Laws. Tenant shall comply with all Laws regarding the operation of Tenant’s business and the use, condition,
configuration and occupancy of the Premises and the use of the Common Areas. Tenant, within 10 days after receipt, shall provide Landlord with copies of any notices Tenant receives regarding a violation or alleged or potential violation of any Laws.
Tenant shall comply with the rules and regulations of the Building attached as Exhibit B and such other reasonable rules and regulations (or modifications thereto) adopted by Landlord from time to time. Such rules and regulations
will be applied in an equitable manner as determined by Landlord. Tenant shall also cause its agents, contractors, subcontractors, employees, customers, and subtenants to comply with all rules and regulations. Landlord shall be responsible for
compliance of the Building’s systems (other than utility lines installed by or for the benefit of individual tenants within leased space), structural components and Common Areas with all applicable Laws; further, to the extent that areas above
the ceiling grid within the Premises are not in compliance with all applicable Laws as of the Delivery Date, Landlord shall be responsible for the costs of placing those non-compliant areas into compliance. 
 C. Tenant’s Security Responsibilities. Tenant shall (1) lock the doors to the Premises and take other reasonable steps to
secure the Premises and the personal property of all Tenant Parties (defined in Article 13) and any of Tenant’s transferees, contractors or licensees in the Common Areas and parking facilities of the Building and Property, from unlawful
intrusion, theft, fire and other hazards; (2) keep and maintain in good working order all security and safety devices installed in the Premises by or for the benefit of Tenant (such as locks, smoke detectors and burglar alarms); and
(3) cooperate, at no expense to Tenant, with Landlord and other tenants in the Building on Building safety matters. Tenant acknowledges that any security or safety measures employed by Landlord are for the protection of Landlord’s own
interests; that Landlord is not a guarantor of the security or safety of the Tenant Parties or their property; and that such security and safety matters are the responsibility of Tenant and the local law enforcement authorities. 
 6. Security Deposit. The Security Deposit shall be delivered to Landlord upon the execution of this Lease by Tenant and shall be held by Landlord (without
liability for interest, 

  

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except to the extent required by Law) as security for the performance of Tenant’s obligations under this Lease. The Security Deposit is not an advance
payment of Rent or a measure of Tenant’s liability for damages. Landlord may, from time to time while an event of default remains uncured, without prejudice to any other remedy, use all or a portion of the Security Deposit to satisfy past due
Rent, cure any uncured default by Tenant, or repay Landlord for damages and charges for which Tenant is legally liable under this Lease or resulting from Tenant’s breach of this Lease. If Landlord uses the Security Deposit, Tenant shall within
ten (10) days after written demand restore the Security Deposit to its original amount and such use by Landlord of the Security Deposit shall not constitute a cure of the existing event of default until such time as the entire amount owing to
Landlord is paid in full and the Security Deposit is fully restored. Provided that Tenant has performed all of its obligations hereunder, Landlord shall return any unapplied portion of the Security Deposit to Tenant within 30 days after the later to
occur of: (A) the date Tenant surrenders possession of the Premises to Landlord in accordance with this Lease; or (B) the Expiration Date. Tenant does hereby authorize Landlord to withhold from the Security Deposit all amounts allowed by
Law and the amount reasonably anticipated by Landlord to be owed by Tenant as a result of an underpayment of Tenant’s Pro Rata Share of any Excess Operating Expenses for the final year of the Term. To the fullest extent permitted by applicable
Law, Tenant agrees that the provisions of this Article 6 shall supersede and replace all statutory rights of Tenant under applicable Law regarding the retention, application or return of security deposits. If Landlord transfers its interest
in the Premises, Landlord shall assign the Security Deposit to the transferee and, following the assignment and the delivery to Tenant of an acknowledgement of the transferee’s responsibility for the Security Deposit if required by Law,
Landlord shall have no further liability for the return of the Security Deposit. Landlord shall not be required to keep the Security Deposit separate from its other accounts. 
 7. Services Furnished by Landlord. 
 A. Standard Services. Subject to the
provisions of this Lease, Landlord agrees to furnish (or cause a third party provider to furnish) the following services to Tenant during the Term: 
 (1) Water service for use in the lavatories on each floor on which the Premises are located. 
 (2) Heat and air conditioning in
season during Normal Business Hours, at such temperatures and in such amounts as required by governmental authority or as Landlord reasonably determines are standard for the Building. Tenant, upon such notice as is reasonably required by Landlord,
and subject to the capacity of the Building systems, may request HVAC service during hours other than Normal Business Hours. Tenant shall pay Landlord for such additional service at a rate equal to Landlord’s actual costs in furnishing such
service, computed on an hourly basis, with a 1-hour minimum per floor. 
 (3) Maintenance and repair of the Property as described in
Section 9.B. 
 (4) Janitorial service five days per week (excluding Holidays), as determined by Landlord. If
Tenant’s use of the Premises, floor covering or other improvements require special services in excess of the standard services for the Building, Tenant shall pay the additional cost attributable to the special services. 
 (5) Elevator service, subject to proper authorization and Landlord’s policies and procedures for use of the elevator(s) in the Building. 

(6) Exterior window washing at such intervals as reasonably determined by Landlord. 
 (7) Electricity to the Premises for general office use, in accordance with and subject to the terms and conditions in Article 8. 
 B. Service Interruptions. For purposes of this Lease, a “Service Failure” shall mean any interruption,
suspension or termination of services being provided to Tenant by Landlord or by third-party providers, whether engaged by Tenant or pursuant to arrangements by such providers with Landlord, which are due to (1) the application of Laws;
(2) the failure, interruption or malfunctioning of any electrical or mechanical equipment, utility or other service 

  

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to the Building or Property; (3) the performance of repairs, maintenance, improvements or alterations; or (4) the occurrence of any other event or
cause whether or not within the reasonable control of Landlord. Except as expressly set forth in this Lease, no Service Failure shall render Landlord liable to Tenant, constitute a constructive eviction of Tenant, give rise to an abatement of Rent,
or relieve Tenant from the obligation to fulfill any covenant or agreement. Notwithstanding anything to the contrary contained in this Lease, in the event of a Service Failure of any of the services described in Section 7.A(1) [but only
if affecting the entire Building], (2), and (7), then commencing on the 5th consecutive Business Day of such Service Failure, and provided that Tenant does not occupy the Premises during the duration of such Service Failure, then
Tenant shall, as its sole and exclusive remedy, be entitled to an equitable diminution of Rent based upon the pro rata portion of the Premises which is rendered unfit for occupancy for the Permitted Use, except to the extent such Service Failure is
caused by a Tenant Party; provided, however, that if the Service Failure is caused by a fire or other casualty, Article 16 shall control in lieu of the foregoing. In no event shall Landlord be liable to Tenant for any loss or damage,
including the theft of Tenant’s Property (defined in Article 14), arising out of or in connection with any Service Failure or the failure of any Building safety services, personnel or equipment. 
 C. Third Party Services. If Tenant desires any service which Landlord has not specifically agreed to provide in this Lease, such as
private security systems or telecommunications services serving the Premises, Tenant shall procure such service directly from a reputable third party service provider (“Provider”) for Tenant’s own account. Tenant shall
require each Provider to comply with the Building’s rules and regulations, all Laws, and Landlord’s reasonable policies and practices for the Building. Tenant acknowledges Landlord’s current policy that requires all Providers
utilizing any area of the Property outside the Premises to be approved by Landlord and to enter into a written agreement reasonably acceptable to Landlord prior to gaining access to, or making any installations in or through, such area; provided
that such access shall be granted at no additional cost to Tenant. Accordingly, Tenant shall give Landlord written notice sufficient for such purposes. 
 8.
Use of Electrical Services by Tenant. 
 A. Landlord’s Electrical Service. Subject to the terms of
this Lease, Landlord shall furnish building standard electrical service to the Premises sufficient to operate customary lighting, office machines and other equipment of similar low electrical consumption. Landlord may, at Landlord’s initial
expense, at any time and from time to time, calculate Tenant’s actual electrical consumption in the Premises by a survey conducted by a reputable consultant selected by Landlord; if such survey reflects that Tenant is consuming electricity in
excess of Building standard electrical service, then Tenant shall promptly upon written demand reimburse Landlord for the costs of such survey. The cost of any electrical consumption in excess of that which Landlord reasonably determines is standard
for the Building shall be paid by Tenant in accordance with Section 8.D. The furnishing of electrical services to the Premises shall be subject to the rules, regulations and practices of the supplier of such electricity and of any
municipal or other governmental authority regulating the business of providing electrical utility service. Landlord shall not be liable or responsible to Tenant for any loss, damage or expense which Tenant may sustain or incur if either the quantity
or character of the electrical service is changed or is no longer available or no longer suitable for Tenant’s requirements. 
 B.
Selection of Electrical Service Provider. Landlord shall have and retain the sole right to select the provider of electrical services to the Building and/or the Property. To the fullest extent permitted by Law, Landlord shall have
the continuing right to change such utility provider. All charges and expenses incurred by Landlord due to any such changes in electrical services, including maintenance, repairs, installation and related costs, shall be included in the electrical
services costs referenced in Section 4.D(10), unless paid directly by Tenant. 
 C. Submetering. Landlord
shall have the continuing right, upon 30 days written notice, to install a submeter for the Premises (or for specific items of Tenant’s equipment such as supplemental HVAC units or mainframe computers operating on a 24/7 basis) at Tenant’s
expense if Tenant’s usage of electrical service in the Premises exceeds the building standard electrical service. If submetering is installed for the Premises or specific equipment, Landlord may charge for Tenant’s actual electrical
consumption monthly in arrears for the kilowatt hours used, a rate per kilowatt hour equal to that charged to Landlord by the provider of electrical 

  

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service to the Building during the same period of time (plus, to the fullest extent permitted by applicable Laws, an administrative fee equal to 15% of such
charge), except as to electricity directly purchased by Tenant from third party providers after obtaining Landlord’s consent to the same. In the event Landlord is unable to determine the exact kilowatt hourly charge during the period of time,
Landlord shall use the average kilowatt hourly charge to the Building for the first billing cycle ending after the period of time in question. Even if the Premises are or specific equipment is submetered, Tenant shall remain obligated to pay
Tenant’s Pro Rata Share of the cost of electrical services as provided in Section 4.B, except that Tenant shall be entitled to a credit against electrical services costs equal to that portion of the amounts actually paid by
Tenant separately and directly to Landlord which are attributable to building standard electrical services submetered to the Premises. 
 D. Excess Electrical Service. Tenant’s use of electrical service shall not exceed, in voltage, rated capacity, use beyond Normal Business Hours or overall load, that which is standard for the Building. If Tenant
requests permission to consume excess electrical service, Landlord may refuse to consent or may condition consent upon conditions that Landlord reasonably elects (including the installation of utility service upgrades, meters, submeters, air
handlers or cooling units). The costs of any approved additional consumption (to the extent permitted by Law), installation and maintenance shall be paid by Tenant. 
 9. Repairs and Alterations. 
 A. Tenant’s Repair Obligations. Tenant
shall keep the Premises in good condition and repair, ordinary wear and tear excepted. Tenant’s repair obligations include, without limitation, repairs to: (1) floor covering and/or raised flooring; (2) interior partitions;
(3) doors; (4) the interior side of demising walls; (5) electronic, phone and data cabling and related equipment (collectively, “Cable”) that is installed by or for the benefit of Tenant whether located in the
Premises or in other portions of the Building; (6) supplemental air conditioning units, private showers and kitchens, including hot water heaters, plumbing, dishwashers, ice machines and similar facilities serving Tenant exclusively;
(7) phone rooms used exclusively by Tenant; (8) Alterations (defined below) performed by contractors retained by Tenant, including related HVAC balancing; and (9) all of Tenant’s furnishings, trade fixtures, equipment and
inventory. Prior to performing any such repair obligation, Tenant shall give written notice to Landlord describing the necessary maintenance or repair. Upon receipt of such notice, Landlord may elect either to perform any of the maintenance or
repair obligations specified in such notice, or require that Tenant perform such obligations by using contractors reasonably approved by Landlord. All work shall be performed at Tenant’s expense in accordance with the rules and procedures
described in Section 9.C below. If Tenant fails to make any repairs to the Premises for more than 15 days after receipt of written notice from Landlord (although notice shall not be required if there is an emergency), Landlord
may, in addition to any other remedy available to Landlord, make the repairs, and Tenant shall pay to Landlord the reasonable cost of the repairs within 30 days after receipt of an invoice, together with an administrative charge in an amount equal
to 15% of the cost of the repairs. 
 B. Landlord’s Repair Obligations. Landlord shall keep and maintain in good
repair and working order and make repairs to and perform maintenance upon: (1) structural elements of the Building; (2) standard mechanical (including HVAC), electrical, plumbing and fire/life safety systems serving the Building generally;
(3) Common Areas; (4) the roof of the Building; (5) exterior windows of the Building; and (6) elevators serving the Building. Landlord shall promptly make repairs (taking into account the nature and urgency of the repair) for
which Landlord is responsible. If any of the foregoing maintenance or repair is necessitated due solely to the negligent acts of any Tenant Party (defined in Article 13), Tenant shall pay the costs of such repairs or maintenance to Landlord
within 30 days after receipt of an invoice, together with an administrative charge in an amount equal to 15% of the cost of the repairs. 
 C. Alterations. 
 (1) When Consent Is Required. Tenant shall not make alterations, additions or
improvements to the Premises or install any Cable in the Premises or other portions of the Building (collectively, “Alterations”) without first obtaining the written consent of Landlord in each instance, which
consent shall not be unreasonably withheld, conditioned or delayed. However, Landlord’s consent shall not be required for any Alteration that satisfies all of the 

  

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following criteria (a “Minor Alteration”): (a) is of a cosmetic nature such as painting, wallpapering, hanging pictures and
installing carpeting; (b) is not visible from outside the Premises or Building; (c) will not affect the systems or structure of the Building; (d) does not require work to be performed inside the walls or above the ceiling of the
Premises other than electronic, phone, and data cabling work solely affecting Tenant, and (e) does not require the issuance of a building permit. 
 (2) Requirements For All Alterations, Including Minor Alterations. Prior to starting work on any Alteration other than a Minor Alteration, Tenant shall furnish to Landlord for review and approval: plans
and specifications; names of proposed contractors (provided that Landlord may designate specific contractors with respect to Building systems); copies of contracts; necessary permits and approvals; evidence of contractors’ and
subcontractors’ insurance; and Tenant’s security for performance of the Alteration. Changes to the plans and specifications must also be submitted to Landlord for its approval. Some of the foregoing requirements may be waived by Landlord
for the performance of specific Minor Alterations; provided that such waiver is obtained in writing prior to the commencement of such Minor Alterations. Landlord’s waiver on one occasion shall not waive Landlord’s right to enforce such
requirements on any other occasion. Alterations shall be constructed in a good and workmanlike manner using materials of a quality that is at least equal to the quality designated by Landlord as the minimum standard for the Building. Landlord may
designate reasonable rules, regulations and procedures for the performance of Alterations in the Building and, to the extent reasonably necessary to avoid disruption to the occupants of the Building, shall have the right to designate the time when
Alterations may be performed. Tenant shall reimburse Landlord within 30 days after receipt of an invoice for out-of-pocket sums paid by Landlord for third party examination of Tenant’s plans for Alterations. In addition, if the total costs of
the Alterations exceeds $10,000, then within 30 days after receipt of an invoice from Landlord, Tenant shall pay to Landlord a fee equal to 15% of the total cost of such Alterations for Landlord’s oversight and coordination of any Alterations.
No later than 30 days after Landlord’s written request, Tenant shall furnish “as-built” plans (which shall not be required for Minor Alterations), completion affidavits, full and final waivers of liens, receipts and bills covering all
labor and materials. Tenant shall assure that the Alterations comply with all insurance requirements and Laws. 
 (3) Landlord’s
Liability For Alterations. Landlord’s approval of an Alteration shall not be a representation by Landlord that the Alteration complies with applicable Laws or will be adequate for Tenant’s use. Accordingly, Landlord does not
guarantee or warrant that the applicable construction documents will comply with Laws or be free from errors or omissions, or that the Alterations will be free from defects, and Landlord will have no liability therefor. 
 10. Entry by Landlord. Landlord, its agents, contractors and representatives may enter the Premises to inspect or show the Premises, to clean and make
repairs, alterations or additions to the Premises, and to conduct or facilitate repairs, alterations or additions to any portion of the Building, including other tenants’ premises. Except in emergencies or to provide janitorial and other
Building services after Normal Business Hours, Landlord shall provide Tenant with at least 24 hours’ prior written notice of entry into the Premises, which may be given orally. Landlord shall have the right to temporarily close all or a
portion of the Premises to perform repairs, alterations and additions, if reasonably necessary for the protection and safety of Tenant and its employees. Except in emergencies, Landlord will not close the Premises if the work can reasonably be
completed on weekends and after Normal Business Hours; provided, however, that Landlord is not required to conduct work on weekends or after Normal Business Hours if such work can be conducted without closing the Premises. Entry by Landlord for any
such purposes shall not constitute a constructive eviction or entitle Tenant to an abatement or reduction of Rent. 
 11. Assignment and
Subletting. 
 A. Landlord’s Consent Required. Subject to the remaining provisions of this
Article 11, but notwithstanding anything to the contrary contained elsewhere in this Lease, Tenant shall not assign, transfer or encumber any interest in this Lease (either absolutely or collaterally) or sublease or allow any
third party to use any portion of the Premises (collectively or individually, a “Transfer”) without the prior written consent of Landlord, which consent shall not be unreasonably withheld, delayed or conditioned. Without
limitation, Tenant agrees that Landlord’s consent shall not be considered unreasonably withheld if: (1) the proposed transferee’s financial condition does not meet the criteria Landlord uses to select Building 

  

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tenants having similar leasehold obligations; (2) the proposed transferee is a governmental organization or present occupant of the Property, or
Landlord is otherwise engaged in lease negotiations with the proposed transferee for other premises in the Property; (3) any uncured event of default exists under this Lease (or a condition exists which, with the passage of time or giving of
notice, would become an event of default); (4) any portion of the Building or Premises would likely become subject to additional or different Laws as a consequence of the proposed Transfer; (5) the proposed transferee’s use of the
Premises conflicts with the Permitted Use or any exclusive usage rights existing as of the Commencement Date with respect to any other tenant in the Building; (6) the use, nature, business, activities or reputation in the business community of
the proposed transferee (or its principals, employees or invitees) does not meet Landlord’s standards for Building tenants; or (7) the proposed transferee is or has been involved in litigation with Landlord or any of its Affiliates. Tenant
shall not be entitled to receive monetary damages based upon a claim that Landlord unreasonably withheld its consent to a proposed Transfer and Tenant’s sole remedy shall be an action to enforce any such provision through specific performance
or declaratory judgment. Any attempted Transfer in violation of this Article is voidable at Landlord’s option. 
 B.
Consent Parameters/Requirements. As part of Tenant’s request for, and as a condition to, Landlord’s consent to a Transfer other than a Permitted Transfer, Tenant shall provide Landlord with financial statements for the
proposed transferee, a complete copy (unexecuted) of the proposed assignment or sublease and other contractual documents, and such other information as Landlord may reasonably request. Landlord shall then have the right (but not the obligation) to
terminate this Lease as of the date the Transfer would have been effective (“Landlord Termination Date”) with respect to the portion of the Premises which Tenant desires to Transfer. Landlord shall provide written notice to
Tenant of its election to terminate this Lease (“Landlord’s Termination Notice”). Tenant shall have the right to withdraw its request for Landlord’s consent to the proposed Transfer
(“Withdrawal Right”), provided Tenant exercises such Withdrawal Right within 5 Business Days after receipt of Landlord’s Termination Notice. If Tenant timely exercises its Withdrawal Right, the Lease shall
continue in full force and effect as if Tenant had not requested Landlord’s consent to the proposed Transfer. If Tenant does not timely exercise its Withdrawal Right, Tenant shall vacate such portion of the Premises by the Landlord Termination
Date and upon Tenant’s vacating such portion of the Premises, the rent and other charges payable shall be proportionately reduced. Consent by Landlord to one or more Transfer(s) shall not operate as a waiver of Landlord’s rights to approve
any subsequent Transfers. In no event shall any Transfer or Permitted Transfer release or relieve Tenant from any obligation under this Lease, nor shall the acceptance of Rent from any assignee, subtenant or occupant constitute a waiver or release
of Tenant from any of its obligations or liabilities under this Lease. Tenant shall pay Landlord a review fee of $750 for Landlord’s review of any Permitted Transfer or requested Transfer, provided if Landlord’s actual reasonable costs and
expenses (including reasonable attorney’s fees) are anticipated to exceed $750, Landlord shall so advise Tenant in writing prior to commencing Landlord’s review of the information submitted by Tenant respecting a proposed Transfer. If
following such notice Landlord’s actual reasonable costs and expenses (including reasonable attorney’s fees) exceed $750, Tenant shall reimburse Landlord for its actual reasonable costs and expenses in lieu of a fixed review fee.

 C. Payment to Landlord. If the aggregate consideration paid to a Tenant Party for a Transfer exceeds that payable by
Tenant under this Lease (prorated according to the transferred interest), Tenant shall pay Landlord 50% of such excess (after deducting therefrom reasonable leasing commissions and reasonable costs of tenant improvements paid to unaffiliated third
parties in connection with the Transfer, with proof of same provided to Landlord). Tenant shall pay Landlord for Landlord’s share of any excess within 30 days after Tenant’s receipt of such excess consideration. If any uncured event of
default exists under this Lease (or a condition exists which, with the passage of time or giving of notice, would become an event of default), Landlord may require that all sublease payments be made directly to Landlord, in which case Tenant shall
receive a credit against Rent in the amount of any payments received, but not to exceed the amount payable by Tenant under this Lease. 
 D. Change in Control of Tenant. Except for a Permitted Transfer, if Tenant is a corporation, limited liability company, partnership, or similar entity, and if the entity which owns or controls a majority of the voting
shares/rights in Tenant at any time sells or disposes of such majority of voting shares/rights, or changes its identity for any reason (including a merger, consolidation or reorganization), such change of ownership or control shall constitute a
Transfer. 

  

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The foregoing shall not apply so long as, both before and after the Transfer, Tenant is an entity whose outstanding stock is listed on a recognized U.S.
securities exchange, or if at least 80% of its voting stock is owned by another entity, the voting stock of which is so listed; provided, however, that Tenant shall give Landlord written notice at least 30 days prior to the effective date of such
change in ownership or control. 
 E. No Consent Required. Tenant may assign its entire interest under this Lease to its
Affiliate (defined below) or to a successor to Tenant by purchase, merger, consolidation or reorganization without the consent of Landlord, provided that all of the following conditions are satisfied in Landlord’s reasonable discretion (a
“Permitted Transfer”): (1) no uncured event of default exists under this Lease; (2) Tenant’s successor shall own all or substantially all of the assets of Tenant; (3) such Affiliate or successor shall have
a net worth which is at least equal to the greater of Tenant’s net worth at the date of this Lease or Tenant’s net worth as of the day prior to the proposed purchase, merger, consolidation or reorganization; (4) no portion of the
Building or Premises would likely become subject to additional or different Laws as a consequence of the proposed Transfer; (5) such Affiliate’s or successor’s use of the Premises shall not conflict with the Permitted Use or any
exclusive usage rights granted to any other tenant in the Building; (6) the use, nature, business, activities or reputation in the business community of the Affiliate or successor shall meet Landlord’s standards for Building tenants;
(7) such Affiliate or successor is not and has not been involved in litigation with Landlord or any of Landlord’s Affiliates; and (8) Tenant shall give Landlord written notice at least 20 days prior to the effective date of the
proposed Transfer, along with all applicable documentation and other information necessary for Landlord to determine that the requirements of this Section 11.E have been satisfied, including if applicable, the qualification of
such proposed transferee as an Affiliate of Tenant. The term “Affiliate” means any person or entity controlling, controlled by or under common control with Tenant or Landlord, as applicable. If requested by Landlord in
writing, the Affiliate or successor shall sign a commercially reasonable form of assumption agreement. 
 12. Liens. Tenant shall not permit
mechanic’s or other liens to be placed upon the Property, Premises or Tenant’s leasehold interest in connection with any work or service done or purportedly done by or for the benefit of Tenant. If a lien is so placed, Tenant shall, within
twenty (20) days after receipt of written notice from Landlord of the filing of the lien, fully discharge the lien by settling the claim which resulted in the lien or by bonding or insuring over the lien in the manner prescribed by the
applicable lien Law. If Tenant fails to discharge the lien, then, in addition to any other right or remedy of Landlord, Landlord may bond or insure over the lien or otherwise discharge the lien. Tenant shall, within 30 days after receipt of an
invoice from Landlord, reimburse Landlord for any amount paid by Landlord, including reasonable attorneys’ fees, to bond or insure over the lien or discharge the lien. 
 13. Indemnity. Subject to Article 15, Tenant shall hold Landlord, its trustees, Affiliates, subsidiaries, members, principals, beneficiaries, partners, officers, directors, shareholders,
employees, Mortgagee(s) (defined in Article 25) and agents (including the manager of the Property) (collectively, “Landlord Parties”) harmless from, and indemnify and defend such parties against, all liabilities,
obligations, damages, penalties, claims, actions, costs, charges and expenses, including reasonable attorneys’ fees and other professional fees that may be imposed upon, incurred by or asserted against any of such indemnified parties (each a
“Claim” and collectively “Claims”) that arise out of or in connection with any damage or injury occurring in the Premises, except to the extent caused by the negligence or willful misconduct of
Landlord or Landlord Parties. Provided Landlord Parties are properly named as additional insureds in the policies required to be carried under this Lease, and except as otherwise expressly provided in this Lease, the indemnity set forth in the
preceding sentence shall be limited to the greater of (A) $5,000,000, and (B) the aggregate amount of general/umbrella liability insurance actually carried by Tenant. Subject to Articles 9.B, 15 and 20, Landlord shall
hold Tenant, its trustees, members, principals, beneficiaries, partners, officers, directors, shareholders, employees and agents (collectively, “Tenant Parties”) harmless from, and indemnify and defend such parties against,
all Claims that arise out of or in connection with any damage or injury occurring in or on the Property to the extent caused by the negligence or willful misconduct of Landlord or Landlord Parties. The indemnity set forth in the preceding sentence
shall be limited to the amount of $5,000,000. 
  

 15 

 14. Insurance. 
 A. Tenant’s Insurance. Tenant shall maintain the following insurance (“Tenant’s Insurance”), at its sole cost and expense: (1) commercial general liability
insurance applicable to the Premises and its appurtenances providing, on an occurrence basis, a per occurrence limit of no less than $1,000,000; (2) causes of loss-special form (formerly “all risk”) property insurance, covering all
above building standard leasehold improvements and Tenant’s trade fixtures, equipment, furniture and other personal property within the Premises (“Tenant’s Property”) in the amount of the full replacement cost
thereof; (3) business income (formerly “business interruption”) insurance written on an actual loss sustained form or with sufficient limits to address reasonably anticipated business interruption losses; (4) business automobile
liability insurance to cover all owned, hired and nonowned automobiles owned or operated by Tenant providing a minimum combined single limit of $1,000,000; (5) workers’ compensation insurance as required by the state in which the Premises
is located and in amounts as may be required by applicable statute (provided, however, if no workers’ compensation insurance is statutorily required, Tenant shall carry workers’ compensation insurance in a minimum amount of $500,000);
(6) employer’s liability insurance in an amount of at least $500,000 per occurrence; and (7) umbrella liability insurance that follows form in excess of the limits specified in (1), (4) and (6) above, of no less than
$4,000,000 per occurrence and in the aggregate. Any company underwriting any of Tenant’s Insurance shall have, according to A.M. Best Insurance Guide, a Best’s rating of not less than A- and a Financial Size Category of
not less than VIII. All commercial general liability, business automobile liability and umbrella liability insurance policies shall name Landlord (or any successor), Landlord’s property manager (if an Affiliate of Landlord), Landlord’s
Mortgagee (if any), and their respective members, principals, beneficiaries, partners, officers, directors, employees, and agents, and other designees of Landlord as the interest of such designees shall appear, as “additional insureds” and
shall be primary with Landlord’s policy being secondary and noncontributory. If any aggregate limit is reduced because of losses paid to below 75% of the limit required by this Lease, Tenant will notify Landlord in writing within 10 days of the
date of reduction. All policies of Tenant’s Insurance shall contain endorsements that the insurer(s) shall give Landlord and its designees at least 30 days’ advance written notice of any change, cancellation, termination or lapse of
insurance. Tenant shall provide Landlord with a certificate of insurance and all required endorsements evidencing Tenant’s Insurance prior to the earlier to occur of the Commencement Date or the date Tenant is provided access to the Premises
for any reason, and upon renewals at least 10 days prior to the expiration of the insurance coverage. All of Tenant’s Insurance policies, endorsements and certificates will be on forms and with deductibles and self-insured retention, if any,
reasonably acceptable to Landlord. The limits of Tenant’s insurance shall not limit Tenant’s liability under this Lease. 
 B.
Landlord’s Insurance. Landlord shall maintain: (1) commercial general liability insurance applicable to the Property which provides, on an occurrence basis, a minimum combined single limit of no less than $5,000,000
(coverage in excess of $1,000,000 may be provided by way of an umbrella/excess liability policy); and (2) causes of loss-special form (formerly “all risk”) property insurance on the Building in the amount of the replacement cost
thereof, as reasonably estimated by Landlord. The foregoing insurance and any other insurance carried by Landlord may be effected by a policy or policies of blanket insurance and shall be for the sole benefit of Landlord and under Landlord’s
sole control. Consequently, Tenant shall have no right or claim to any proceeds thereof or any other rights thereunder. 
 15. Mutual Waiver of
Subrogation. Notwithstanding anything in this Lease to the contrary, Tenant waives (except to the extent of Tenant’s insurance deductible), and shall cause its insurance carrier(s) and any other party claiming through or under such
carrier(s), by way of subrogation or otherwise, to waive any and all rights of recovery, Claim, action or causes of action against all Landlord Parties for any loss or damage to Tenant’s business, any loss of use of the Premises, and any loss,
theft or damage to Tenant’s Property (including Tenant’s automobiles or the contents thereof), INCLUDING ALL RIGHTS (BY WAY OF
SUBROGATION OR OTHERWISE) OF RECOVERY, CLAIMS, ACTIONS OR CAUSES OF ACTION
ARISING OUT OF THE NEGLIGENCE OF ANY LANDLORD PARTY, which loss or damage is (or would have
been, had the insurance required by this Lease been maintained) covered by insurance. In addition, Landlord waives (except to the extent of Landlord’s insurance deductible), and shall cause its insurance carrier(s) and any other party claiming
through or under such carrier(s), by way of subrogation or otherwise, to waive any and all rights of recovery, Claim, action or causes of action against all 

  

 16 

 
Tenant Parties for any loss of or damage to or loss of use of the Building, any additions or improvements to the Building, or any contents thereof,
INCLUDING ALL RIGHTS (BY WAY OF SUBROGATION OR OTHERWISE) OF RECOVERY,
CLAIMS, ACTIONS OR CAUSES OF ACTION ARISING OUT OF THE NEGLIGENCE OF
ANY TENANT PARTY, which loss or damage is (or would have been, had the insurance required by this Lease been maintained) covered by insurance. 
 16. Casualty Damage. 
 A. Repair
or Termination by Landlord. If all or any part of the Premises are damaged by fire or other casualty, Tenant shall promptly notify Landlord in writing. Landlord shall have the right to terminate this Lease if: (1) the Building shall be
damaged so that, in Landlord’s reasonable judgment, substantial alteration or reconstruction of the Building shall be required (whether or not the Premises have been damaged); (2) Landlord is not permitted by Law to rebuild the Building in
substantially the same form as existed before the fire or casualty; (3) the Premises have been materially damaged and there is less than 2 years of the Term remaining on the date of the casualty; (4) any Mortgagee requires that the
insurance proceeds be applied to the payment of the mortgage debt; or (5) an uninsured loss of the Building occurs notwithstanding Landlord’s compliance with Section 14.B above. Landlord may exercise its right to terminate this
Lease by notifying Tenant in writing within 60 days after the date of the casualty. If Landlord does not timely terminate this Lease under this Section 16.A, Landlord shall commence and proceed with reasonable diligence to repair and
restore the Building and/or the Premises to substantially the same condition as existed immediately prior to the date of damage; provided, however, that Landlord shall only be required to reconstruct building standard leasehold improvements existing
in the Premises as of the date of damage, and Tenant shall be required to pay the cost for restoring any other leasehold improvements. However, in no event shall Landlord be required to spend more than the insurance proceeds received by Landlord.

 B. Timing for Repair; Termination by Either Party. If all or any portion of the Premises is damaged as a result of
fire or other casualty, Landlord shall, within sixty (60) days after the damage, cause an architect or general contractor selected by Landlord to provide Landlord and Tenant with a written estimate of the amount of time required to
substantially complete the repair and restoration of the Premises, using standard working methods (“Completion Estimate”). If the Completion Estimate indicates that the Premises cannot be made tenantable within 210 days from
the date of damage, then regardless of anything in Section 16.A above to the contrary, either party shall have the right to terminate this Lease by giving written notice to the other of such election within 10 days after receipt of the
Completion Estimate. Tenant, however, shall not have the right to terminate this Lease if the fire or casualty was caused by the negligence or intentional misconduct of any of the Tenant Parties. If neither party terminates this Lease under this
Section 16.B, then Landlord shall repair and restore the Premises in accordance with, and subject to the limitations of, Section 16.A. Notwithstanding anything in this Lease to the contrary, if Landlord fails to complete such
repairs to the Premises within 210 days from the date of damage due to reasons other than the non-availability of non-building standard equipment or materials for the Premises, or Tenant’s failure to furnish information or approvals within any
time period reasonably necessary to complete repairs within such 210-day period, or changes requested or made by Tenant with respect to such repairs, then Tenant shall have the right to terminate this Lease following 30 days’ written notice
given after such 210-day period; provided, however, if Landlord completes such repairs prior to the expiration of the 30-day notice period, Tenant’s right to terminate shall be null and void. 
 C. Abatement. In the event a material portion of the Premises is damaged as a result of a fire or other casualty, the Base Rent
shall abate for the portion of the Premises that is damaged and not usable by Tenant until substantial completion of the repairs and restoration required to be made by Landlord pursuant to Section 16.A. Tenant, however, shall not be
entitled to such abatement if the fire or other casualty was caused by the negligence or intentional misconduct of any of the Tenant Parties. Landlord shall not be liable for any loss or damage to Tenant’s Property or to the business of Tenant
resulting in any way from the fire or other casualty or from the repair and restoration of the damage. Landlord and Tenant hereby waive the provisions of any Law relating to the matters addressed in this Article, and agree that their respective
rights for damage to or destruction of the Premises shall be those specifically provided in this Lease. 
  

 17 

 17. Condemnation. Either party may terminate this Lease if the whole or any material part of the Premises
are taken or condemned for any public or quasi-public use under Law, by eminent domain or private purchase in lieu thereof (a “Taking”). Landlord shall also have the right to terminate this Lease if there is a
Taking of any portion of the Building or Property which would leave the remainder of the Building unsuitable for use as an office building in a manner comparable to the Building’s use prior to the Taking, provided that Landlord
contemporaneously terminates (to the extent Landlord has such right of termination) all other similarly affected leases in the Building. In order to exercise its right to terminate this Lease under this Article 17, Landlord or Tenant, as the
case may be, must provide written notice of termination to the other within 45 days after the terminating party first receives notice of the Taking. Any such termination shall be effective as of the date the physical taking of the Premises or the
portion of the Building or Property occurs. If this Lease is not terminated, the Rentable Square Footage of the Building, the Rentable Square Footage of the Premises and Tenant’s Pro Rata Share shall, if applicable, be appropriately adjusted by
Landlord. In addition, Base Rent for any portion of the Premises taken or condemned shall be abated during the unexpired Term effective when the physical taking of the portion of the Premises occurs. All compensation awarded for a Taking, or sale
proceeds, shall be the property of Landlord, any right to receive compensation or proceeds being expressly waived by Tenant. However, Tenant may file a separate claim at its sole cost and expense for Tenant’s Property (excluding above building
standard leasehold improvements) and Tenant’s reasonable relocation expenses, provided the filing of such claim does not diminish the award which would otherwise be receivable by Landlord. 
 18. Events of Default. Tenant shall be considered to be in default under this Lease upon the occurrence of any of the following events of default:

 A. Tenant’s failure to pay when due all or any portion of the Rent and such failure is not cured within five (5) days
after written notice to Tenant (“Monetary Default”); provided, however, that Landlord shall not be required to give written notice of a Monetary Default for non-payment of regularly scheduled Rent installments more than twice
during any consecutive 12 month period. 
 B. Tenant’s failure to perform any of the obligations of Tenant in the manner set
forth in Articles 14, 23, 24 or 25 (a “Time Sensitive Default”). 
 C. Tenant’s failure
(other than a Monetary Default or a Time Sensitive Default) to comply with any term, provision or covenant of this Lease, if the failure is not cured within twenty (20) days after written notice to Tenant. However, if Tenant’s failure to
comply cannot reasonably be cured within twenty (20) days, Tenant shall be allowed additional time (not to exceed an additional twenty (20) days) as is reasonably necessary to cure the failure so long as: (1) Tenant commences to cure
the failure within the twenty (20) day period following Landlord’s initial written notice, and (2) Tenant diligently pursues a course of action that will cure the failure and bring Tenant back into compliance with this Lease. However,
if Tenant’s failure to comply creates a hazardous condition, the failure must be cured immediately upon written notice to Tenant. 
 D. Tenant or any Guarantor becomes insolvent, files a petition for protection under the U.S. Bankruptcy Code (or similar Law) or a petition is filed against Tenant or any Guarantor under such Laws and is not dismissed within 45 days
after the date of such filing, makes a transfer in fraud of creditors or makes an assignment for the benefit of creditors, or admits in writing its inability to pay its debts when due. 
 E. The leasehold estate is taken by process or operation of Law. 
 F. [Intentionally Omitted] 
 G. Tenant is in default beyond any notice and cure period under
any other lease or agreement with Landlord, including any lease or agreement for parking. 
 19. Remedies. 
 A. Landlord’s Remedies. Upon and during the continued existence of any default, Landlord shall have the right without notice or
demand (except as provided in Article 18) to 

  

 18 

 
pursue any of its rights and remedies at Law or in equity, including any one or more of the following remedies: 
 (1) Terminate this Lease; 
 (2) Re-enter the
Premises, change locks, alter security devices and lock out Tenant or terminate Tenant’s right of possession of the Premises without terminating this Lease; 
 (3) Remove and store, at Tenant’s expense, all the property in the Premises using such lawful force as may be necessary; 
 (4) Cure such event of default for Tenant at Tenant’s expense (plus a 15% administrative fee); 
 (5)
Withhold or suspend payment of sums Landlord would otherwise be obligated to pay to Tenant under this Lease or any other agreement; 
 (6) If
any check in payment of Tenant’s monetary obligations is returned for insufficient funds, Landlord shall be entitled to require all future payments to be made by cashier’s check, money order or wire transfer; 
 (7) Apply any Security Deposit as permitted under this Lease; and/or 
 (8) Recover such other amounts in addition to or in lieu of the foregoing as may be permitted from time to time by applicable Law, including any other amount necessary to compensate Landlord for all the detriment
proximately caused by Tenant’s failure to perform its obligations under this Lease or which in the ordinary course of events would be likely to result therefrom. 
 B. Measure of Damages. 
 (1) Calculation. If Landlord either terminates
this Lease or terminates Tenant’s right to possession of the Premises, Tenant shall immediately surrender and vacate the Premises and pay Landlord on demand: (a) all Rent accrued through the end of the month in which the termination
becomes effective; (b) interest on all unpaid Rent from the date due at a rate equal to the lesser of 18% per annum or the highest interest rate permitted by applicable Law; (c) all expenses reasonably incurred by Landlord in
enforcing its rights and remedies under this Lease, including all reasonable legal expenses; (d) Costs of Reletting (defined below); and (e) all Landlord’s Rental Damages (defined below). In the event that Landlord relets the Premises
for an amount greater than the Rent due during the Term, Tenant shall not receive a credit for any such excess. Notwithstanding any provision in this Lease to the contrary, neither Landlord nor Tenant shall be liable for any consequential, exemplary
or punitive damages or lost profits. 
 (2) Definitions. “Costs of Reletting” shall include
commercially reasonable costs, losses and expenses incurred by Landlord in reletting all or any portion of the Premises including, without limitation, the cost of removing and storing Tenant’s furniture, trade fixtures, equipment, inventory or
other property, repairing and/or demolishing the Premises, removing and/or replacing Tenant’s signage and other fixtures, making the Premises ready for a new tenant, including the cost of advertising, commissions, architectural fees, legal fees
and leasehold improvements, and any market allowances and/or concessions provided by Landlord (determined in accordance with the parameters for “Market Rental Rate” under Rider No. 1 attached hereto).
“Landlord’s Rental Damages” shall mean the total Rent which Landlord would have received under this Lease (had Tenant made all such Lease payments as required) for the remainder of the Term minus the fair rental value of
the Premises for the same period, or, if the Premises are relet, the actual rental value (not to exceed the Rent due during the Term), both discounted to present value at the Prime Rate (defined below) in effect upon the date of determination. For
purposes hereof, the “Prime Rate” shall be the per annum interest rate publicly announced by a federally insured bank selected by Landlord in the state in which the Building is located as such bank’s prime or base rate.

 C. Tenant Not Relieved from Liabilities. Unless Landlord terminates this Lease or as expressly provided in this
Lease, the repossession or re-entering of all or any part of the 

  

 19 

 
Premises shall not relieve Tenant of its liabilities and obligations under this Lease. No right or remedy of Landlord shall be exclusive of any other right
or remedy. Each right and remedy shall be cumulative and in addition to any other right and remedy now or subsequently available to Landlord at Law or in equity. If Tenant fails to pay any amount when due hereunder (after the expiration of any
applicable cure period), Landlord shall be entitled to receive interest on any unpaid item of Rent from the date initially due (without regard to any applicable grace period) at a rate equal to the lesser of 18% per annum or the highest rate
permitted by Law. In addition, if Tenant fails to pay any item or installment of Rent when due (after the expiration of any applicable cure period), Tenant shall pay Landlord an administrative fee equal to 5% of the past due Rent. However, in no
event shall the charges permitted under this Section 19.C or elsewhere in this Lease, to the extent they are considered interest under applicable Law, exceed the maximum lawful rate of interest. If any payment by Tenant of an amount
deemed to be interest results in Tenant having paid any interest in excess of that permitted by Law, then it is the express intent of Landlord and Tenant that all such excess amounts theretofore collected by Landlord be credited against the other
amounts owing by Tenant under this Lease. Receipt by Landlord of Tenant’s keys to the Premises shall not constitute an acceptance or surrender of the Premises. NOTWITHSTANDING ANY OTHER
PROVISION OF THIS LEASE TO THE CONTRARY, TENANT SHALL HOLD LANDLORD
PARTIES HARMLESS FROM AND INDEMNIFY AND DEFEND SUCH PARTIES AGAINST, ALL
CLAIMS THAT ARISE OUT OF OR IN CONNECTION WITH A BREACH OF
THIS LEASE, SPECIFICALLY INCLUDING ANY VIOLATION OF APPLICABLE LAWS OR CONTAMINATION
(DEFINED IN ARTICLE 30) CAUSED BY A TENANT PARTY. 
 D. Mitigation of Damages. Upon termination of Tenant’s right to possess the Premises, Landlord shall, only to the extent
required by Law, use objectively reasonable efforts to mitigate damages by reletting the Premises. Landlord shall not be deemed to have failed to do so if Landlord refuses to lease the Premises to a prospective new tenant with respect to whom
Landlord would be entitled to withhold its consent pursuant to Section 11.A, or who (1) is an Affiliate, parent or subsidiary of Tenant; (2) is not acceptable to any Mortgagee of Landlord; (3) requires improvements to the
Premises to be made at Landlord’s expense; or (4) is unwilling to accept lease terms then proposed by Landlord, including: (a) leasing for a shorter or longer term than remains under this Lease; (b) re-configuring or combining
the Premises with other space, (c) taking all or only a part of the Premises; and/or (d) changing the use of the Premises. Notwithstanding Landlord’s duty to mitigate its damages as provided herein, Landlord shall not be obligated
(i) to give any priority to reletting Tenant’s space in connection with its leasing of space in the Building or any complex of which the Building is a part, or (ii) to accept below market rental rates for the Premises or any rate that
would negatively impact the market rates for the Building. 
 E. Landlord’s Lien. To secure Tenant’s
obligations under this Lease, Tenant grants Landlord a contractual security interest on all of Tenant’s inventory, goods, consumer goods and equipment now or hereafter situated in the Premises and all proceeds therefrom, including insurance
proceeds (collectively, “Collateral”). No Collateral shall be removed from the Premises without Landlord’s prior written consent until all of Tenant’s obligations are fully satisfied (except in the ordinary course
of business and then only if replaced with items of same or greater value and quality). Upon any event of default, Landlord may, to the fullest extent permitted by Law and in addition to any other remedies provided herein, enter upon the Premises
and take possession of any Collateral without being held liable for trespass or conversion, and sell the same at public or private sale, after giving Tenant at least 10 days written notice (or more if required by Law) of the time and place of such
sale. Such notice may be sent with or without return receipt requested. Unless prohibited by Law, any Landlord Party may purchase any Collateral at such sale. Subject to applicable Law, the proceeds from such sale, less Landlord’s expenses,
including reasonable attorneys’ fees and other expenses, shall be credited against Tenant’s obligations. Any surplus shall be paid to Tenant (or as otherwise required by Law) and any deficiency shall be paid by Tenant to Landlord upon
demand. Tenant hereby authorizes Landlord to file a financing statement sufficient to perfect the foregoing security interest, or to file a copy of this Lease as a financing statement, as permitted under Law. Landlord agrees to subordinate its
foregoing contractual lien rights to a third party providing furniture, fixtures and/or equipment for Tenant’s use in the Premises during the Term (or providing funds for the acquisition of same), provided that (i) there is no uncured
event of default by Tenant under the Lease at the time of such subordination; (ii) such subordination shall be limited to the specified items, amount and time stated in the subordinating instrument; and (iii) such subordination shall be in
writing, signed by all parties and in a form acceptable to Landlord. Notwithstanding the 

  

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foregoing, Landlord’s security interest (i) shall not attach to any personal property subject to an existing perfected security interest (but only
for so long as such other security interest exists) in favor of a bank or other financial institution whose loan and security agreements with Tenant prohibit any other liens on such collateral, but (ii) shall be subordinate to any such existing
security interests that do not prohibit subordinate liens. 
 F. Landlord Defaults and Tenant Remedies. Landlord
shall be in default under this Lease in the event Landlord has not begun, within thirty (30) days of the receipt by Landlord of written notice from Tenant of Landlord’s alleged failure to perform, the cure of any such alleged failure and
thereafter pursued with reasonable diligence such cure (and such 30-day period shall be extended as necessary to permit Landlord to effectuate such cure if such alleged failure to perform is not susceptible of cure within such 30-day period). In no
event shall Tenant have the right to terminate or rescind this Lease as a result of Landlord’s default. Tenant waives such remedies of termination or rescission (except as otherwise specifically provided for in this Lease) and agrees that
Tenant’s remedies for default under this Lease and for breach of any promise or inducement are limited to a suit for damages and/or injunction, and are specifically subject to Sections 3.B and 20. In addition, Tenant shall, prior
to the exercise of any such remedies, provide each Mortgagee relative to the Property (in each instance, only as to those entities of which Tenant has notice of their interest) with written notice and reasonable time to cure any default by
Landlord. 
 20. Limitation of Liability. Notwithstanding anything to the contrary contained in this Lease, the liability of Landlord
(and of any successor Landlord) to Tenant (or any person or entity claiming by, through or under Tenant) shall be limited to the interest of Landlord in the Property. Tenant shall look solely to Landlord’s interest in the Property for the
recovery of any judgment or award against Landlord. No Landlord Party shall be personally liable for any judgment or deficiency. Before filing suit for an alleged default by Landlord, Tenant shall give Landlord and the Mortgagee(s) (defined in
Article 25) whom Tenant has been notified hold Mortgages (defined in Article 25) on the Property, Building or Premises, notice and reasonable time to cure the alleged default. Tenant hereby waives all claims against all Landlord
Parties for consequential, special or punitive damages allegedly suffered by any Tenant Parties, including lost profits and business interruption. Landlord shall look solely to the assets of Hoyer Global (USA), Inc., including, without limitation,
real, personal, tangible, intangible and mixed assets, wherever the same may be located, for the recovery of any monetary judgment against Tenant hereunder, it being agreed that Landlord shall not proceed against any individual shareholder, director
or officer of Tenant for the recovery of monetary obligations of Tenant under or relating to this Lease. The provisions contained in the foregoing sentence are not intended to, and shall not, limit any rights that Landlord might otherwise have to
(i) obtain injunctive and/or other non-monetary equitable relief against Tenant, or its successors in interest, or other party liable; or (ii) any suit or action in connection with enforcement or collection of amounts which may become
owing or payable under or on account of insurance maintained by Tenant. 
 21. No Waiver. Neither party’s failure to declare a default
immediately upon its occurrence or delay in taking action for a default shall constitute a waiver of the default, nor shall it constitute an estoppel. Neither party’s failure to enforce its rights for a default shall constitute a waiver of that
party’s rights regarding any subsequent default. 
 22. Tenant’s Right to Possession. Provided Tenant pays the Rent and fully
performs all of its other covenants and agreements under this Lease, Tenant shall have the right to occupy the Premises without hindrance from Landlord or any person lawfully claiming through Landlord, subject to the terms of this Lease, all
Mortgages, insurance requirements and applicable Law. This covenant and all other covenants of Landlord shall be binding upon Landlord and its successors only during its or their respective periods of ownership of the Building, and shall not be a
personal covenant of any Landlord Parties. 
 23. Relocation. [Intentionally Omitted.] 
 24. Holding Over. Except for any permitted occupancy by Tenant under Article 29, if Tenant or any party claiming by, through or under Tenant fails
to surrender the Premises at the expiration or earlier termination of this Lease, the continued occupancy of the Premises shall be that of a tenancy at sufferance. Tenant shall pay an amount (on a per month basis without reduction for partial months
during the holdover) equal to 150% of the greater of: (A) the sum of 

  

 21 

 
the Base Rent and Tenant’s Pro Rata Share of Excess Operating Expenses due for the period immediately preceding the holdover; or (B) the fair
market gross rental for the Premises. Tenant shall otherwise continue to be subject to all of Tenant’s obligations under this Lease. No holdover by Tenant or payment by Tenant after the expiration or early termination of this Lease shall be
construed to extend the Term or prevent Landlord from immediate recovery of possession of the Premises by summary proceedings or otherwise. In addition to the payment of the amounts provided above, if Landlord is unable to deliver possession of the
Premises to a new tenant, or to perform improvements for a new tenant, as a result of Tenant’s holdover and Tenant fails to vacate the Premises within 15 days after Landlord notifies Tenant of Landlord’s inability to deliver possession, or
perform improvements, such failure shall constitute a Time Sensitive Default hereunder; and notwithstanding any other provision of this Lease to the contrary, TENANT SHALL BE LIABLE
TO LANDLORD FOR, AND SHALL PROTECT LANDLORD FROM AND INDEMNIFY AND
DEFEND LANDLORD AGAINST, ALL LOSSES AND DAMAGES, INCLUDING ANY CLAIMS MADE
BY ANY SUCCEEDING TENANT RESULTING FROM SUCH FAILURE TO VACATE, AND
ANY ACTUAL DAMAGES THAT LANDLORD SUFFERS FROM THE HOLDOVER. 
 25. Subordination to Mortgages; Estoppel Certificate. Landlord represents to Tenant that, as of the Effective Date of this Lease, the Building and Property
are not subject to any monetary lien or encumbrance. Tenant accepts this Lease subject and subordinate to any mortgage(s), deed(s) of trust, ground lease(s) or other lien(s) subsequently affecting the Premises, the Building or the Property, and to
renewals, modifications, refinancings and extensions thereof (collectively, a “Mortgage”) subject to Tenant’s receipt of a commercially reasonable form of subordination and non-disturbance agreement
(“SNDA”) from any future Mortgagee (defined below) at no additional cost to Tenant; provided however, that if Tenant desires to negotiate any changes or modifications to such commercially reasonable form of SNDA, the same
shall be at Tenant’s sole cost and expense. The party having the benefit of a Mortgage shall be referred to as a “Mortgagee.” This clause shall be self-operative, but within fifteen (15) days after a written request
from a Mortgagee, Tenant shall execute a commercially reasonable subordination agreement in favor of the Mortgagee. In lieu of having the Mortgage be superior to this Lease, a Mortgagee shall have the right at any time to subordinate its Mortgage to
this Lease. If requested by a successor-in-interest to all or a part of Landlord’s interest in this Lease, Tenant shall, without charge, attorn to the successor-in-interest. Tenant shall, within twenty (20) days after receipt of a written
request from Landlord, execute and deliver an estoppel certificate to those parties as are reasonably requested by Landlord (including a Mortgagee or prospective purchaser). The estoppel certificate shall include a statement certifying that this
Lease is unmodified (except as identified in the estoppel certificate) and in full force and effect, describing the dates to which Rent and other charges have been paid, representing that, to the best of Tenant’s knowledge, there is no default
by Landlord (or stating with specificity the nature of the alleged default) and certifying other factual matters with respect to this Lease that may reasonably be requested. Tenant’s failure to provide any estoppel certificate within the
twenty (20) day period specified above, and the continuation of such failure for a period of twenty (20) days after Landlord delivers a second written notice requesting same, shall constitute a Time Sensitive Default under this Lease.

 26. Attorneys’ Fees. If either party institutes a suit against the other for violation of or to enforce any covenant or condition of
this Lease, or if either party intervenes in any suit in which the other is a party to enforce or protect its interest or rights, the prevailing party shall be entitled to all of its costs and expenses, including reasonable attorneys’ fees.

 27. Notice. If a demand, request, approval, consent or notice (collectively, a “notice”) shall or may be given to either party by
the other, the notice shall be in writing and delivered by hand or sent by registered or certified mail with return receipt requested, or sent by overnight or same day courier service, or sent by facsimile, at the party’s respective Notice
Address(es) set forth in Article 1, except that if Tenant has vacated the Premises (or if the Notice Address for Tenant is other than the Premises, and Tenant has vacated such address) without providing Landlord a new Notice Address, Landlord
may serve notice in any manner described in this Article or in any other manner permitted by Law. Each notice shall be deemed to have been received or given on the earlier to occur of actual delivery (which, in the case of delivery by facsimile,
shall be deemed to occur at the time of delivery indicated on the electronic confirmation of the facsimile) or the date on which delivery is first refused, or, if Tenant has vacated the Premises or the other Notice Address of Tenant without
providing a new Notice Address, three (3) days after notice is deposited in the U.S. mail or with a courier service in the manner described above. Either party 

  

 22 

 
may, at any time, change its Notice Address by giving the other party written notice of the new address in the manner described in this Article. 

28. Reserved Rights. This Lease does not grant any rights to light or air over or about the Building. Landlord excepts and reserves exclusively to
itself the use of: (A) roofs, (B) telephone, electrical and janitorial closets, (C) equipment rooms, Building risers or similar areas that are used by Landlord for the provision of Building services, (D) rights to the land and
improvements below the floor of the Premises, (E) the improvements and air rights above the Premises, (F) the improvements and air rights outside the demising walls of the Premises, (G) the areas within the Premises used for the
installation of utility lines and other installations serving occupants of the Building, and (H) any other areas designated from time to time by Landlord as service areas of the Building. Tenant shall not have the right to install or operate
any equipment producing radio frequencies, electrical or electromagnetic output or other signals, noise or emissions in or from the Building without the prior written consent of Landlord. To the extent permitted by applicable Law, Landlord reserves
the right to restrict and control the use of such equipment. Landlord has the right to change the Building’s name or address. Landlord also has the right to make such other changes to the Property and Building (other than the Premises) as
Landlord deems appropriate, provided the changes do not materially affect Tenant’s ability to use the Premises for the Permitted Use. Landlord shall also have the right (but not the obligation) to temporarily close the Building if Landlord
reasonably determines that there is an imminent danger of significant damage to the Building or of personal injury to Landlord’s employees or the occupants of the Building. The circumstances under which Landlord may temporarily close the
Building shall include, without limitation, electrical interruptions, hurricanes and civil disturbances. A closure of the Building under such circumstances shall not constitute a constructive eviction nor entitle Tenant to an abatement or reduction
of Rent. 
 29. Surrender of Premises. All improvements to the Premises (collectively, “Leasehold Improvements”) shall
be owned by Landlord and shall remain upon the Premises without compensation to Tenant. At the expiration or earlier termination of this Lease or Tenant’s right of possession, Tenant shall remove Tenant’s Removable Property (defined below)
from the Premises, and quit and surrender the Premises to Landlord, broom clean, and in good order, condition and repair, ordinary wear and tear excepted. As used herein, the term “Tenant’s Removable Property” shall
mean: (A) Cable installed by or for the benefit of Tenant and located in the Premises or other portions of the Building; (B) any Leasehold Improvements that are installed by or for the benefit of Tenant and, in Landlord’s reasonable
judgment, are of a nature that would require removal and repair costs that are materially in excess of the removal and repair costs associated with standard office improvements (“Special Installations”); and
(C) Tenant’s personal property. Notwithstanding the foregoing, Landlord may, in Landlord’s sole discretion and at no cost to Landlord, require Tenant to leave any of its Special Installations in the Premises. If Tenant fails to remove
any of Tenant’s Removable Property (other than Special Installations which Landlord has designated to remain in the Premises) within 2 days after the termination of this Lease or of Tenant’s right to possession, Landlord, at Tenant’s
sole cost and expense, shall be entitled (but not obligated) to remove and store Tenant’s Removable Property. Landlord shall not be responsible for the value, preservation or safekeeping of Tenant’s Removable Property. Tenant shall pay
Landlord, within ten (10) days after written demand, the expenses and storage charges incurred for Tenant’s Removable Property. To the fullest extent permitted by applicable Law, any unused portion of Tenant’s Security Deposit may be
applied to offset Landlord’s costs set forth in the preceding sentence. In addition, if Tenant fails to remove Tenant’s Removable Property from the Premises or storage, as the case may be, within 30 days after written notice, Landlord may
deem all or any part of Tenant’s Removable Property to be abandoned, and title to Tenant’s Removable Property (except with respect to any Hazardous Material [defined in Article 30]) shall be deemed to be immediately vested in
Landlord. Except for Special Installations designated by Landlord to remain in the Premises, Tenant’s Removable Property shall be removed by Tenant before the Expiration Date; provided that upon Landlord’s prior written consent (which must
be requested by Tenant at least 30 days in advance of the Expiration Date and which shall not be unreasonably withheld), Tenant may remain in the Premises for up to 5 days after the Expiration Date for the sole purpose of removing Tenant’s
Removable Property. Tenant’s possession of the Premises for such purpose shall be subject to all of the terms and conditions of this Lease, including the obligation to pay Base Rent and Tenant’s Pro Rata Share of Excess Operating Expenses
on a per diem basis at the rate in effect for the last month of the Term. In the event this Lease is terminated prior to the Expiration Date, Tenant’s Removable Property (except for Special Installations designated by Landlord to remain 

  

 23 

 
in the Premises) shall be removed by Tenant on or before such earlier date of termination. Tenant shall repair damage caused by the installation or removal
of Tenant’s Removable Property. 
 30. Hazardous Materials. 
 A. Restrictions. No Hazardous Material (defined below) (except for de minimis quantities of household cleaning products and office supplies used in the ordinary course of Tenant’s business at
the Premises and that are used, kept and disposed of in compliance with Laws) shall be brought upon, used, kept or disposed of in or about the Premises or the Property by any Tenant Parties or any of Tenant’s transferees, contractors or
licensees without Landlord’s prior written consent, which consent may be withheld in Landlord’s sole and absolute discretion. Tenant’s request for such consent shall include a representation and warranty by Tenant that the Hazardous
Material in question (1) is necessary in the ordinary course of Tenant’s business, and (2) shall be used, kept and disposed of in compliance with all Laws. 
 B. Remediation. Tenant shall, at its expense, monitor the Premises for the presence of Hazardous Materials or conditions which may reasonably give rise to Contamination (defined below) and
promptly notify Landlord if it suspects Contamination in the Premises. Any remediation of Contamination caused by a Tenant Party or its contractors or invitees which is required by Law or which is deemed necessary by Landlord, in Landlord’s
reasonable opinion, shall be performed by Landlord and Tenant shall reimburse Landlord for the cost thereof, plus a 15% administrative fee. 
 C. Definitions. For purposes of this Article 30, a “Hazardous Material” is any substance the presence of which requires, or may hereafter require, notification, investigation or
remediation under any Laws or which is now or hereafter defined, listed or regulated by any governmental authority as a “hazardous waste”, “extremely hazardous waste”, “solid waste”, “toxic substance”,
“hazardous substance”, “hazardous material” or “regulated substance”, or otherwise regulated under any Laws. “Contamination” means the existence or any release or disposal of a Hazardous Material
or biological or organic contaminant, including any such contaminant which could adversely impact air quality, such as mold, fungi or other bacterial agents, in, on, under, at or from the Premises, the Building or the Property which may result in
any liability, fine, use restriction, cost recovery lien, remediation requirement, or other government or private party action or imposition affecting any Landlord Party. 
 D. Reports, Surveys and Acceptance of Premises. All current surveys or reports prepared for the Property regarding the presence of Hazardous Materials (if any) in the
Building are available for inspection by Tenant in the office of the Property manager. With respect to Hazardous Materials, Tenant hereby (1) accepts full responsibility for reviewing any such surveys and reports and satisfying itself prior to
the execution of this Lease as to the acceptability of the Premises under Section 3.B above, and (2) acknowledges and agrees that this provision satisfies all notice requirements under applicable Law. In the event Tenant performs or
causes to be performed any test on or within the Premises for the purpose of determining the presence of a Hazardous Material, Tenant shall obtain Landlord’s prior written consent and use a vendor approved by Landlord for such testing. In
addition, Tenant shall provide to Landlord a copy of such test within 10 days of Tenant’s receipt. Landlord represents that, to Landlord’s current actual knowledge without further inquiry, the Premises contains no reportable quantities of
any Hazardous Material, the removal or remediation of which is required by Laws in effect at the time of execution of this Lease. If a subsequent investigation reveals the need under applicable Law for removal, abatement or remediation of Hazardous
Materials located in the Building core or Common Areas or located within the Premises as of the Delivery Date and in either instance not resulting from the action of any Tenant Party, Landlord shall proceed with clean up, remediation and/or
abatement of the same at no cost to Tenant (but with reservation of rights as against any third party who may be liable for any such removal, abatement or remediation costs). 
 31. Miscellaneous. 
 A. Governing Law; Jurisdiction and Venue; Severability;
Paragraph Headings. This Lease and the rights and obligations of the parties shall be interpreted, construed and enforced in accordance with the Laws of the state in which the Property is located. All obligations under this Lease are
performable in the county or other jurisdiction where the 

  

 24 

 
Property is located, which shall be venue for all legal actions. If any term or provision of this Lease shall be invalid or unenforceable, then such term or
provision shall be automatically reformed to the extent necessary to render such term or provision enforceable, without the necessity of execution of any amendment or new document. The remainder of this Lease shall not be affected, and each
remaining and reformed provision of this Lease shall be valid and enforced to the fullest extent permitted by Law. The headings and titles to the Articles and Sections of this Lease are for convenience only and shall have no effect on the
interpretation of any part of this Lease. The words “include”, “including” and similar words will not be construed restrictively to limit or exclude other items not listed. 
 B. Recording. Tenant shall not record this Lease or any memorandum without Landlord’s prior written consent. 
 C. Force Majeure. Whenever a period of time is prescribed for the taking of an action by Landlord or Tenant, the period of time for
the performance of such action shall be extended by the number of days that the performance is actually delayed due to strikes, acts of God, shortages or unavailability of labor or materials, war, terrorist attacks (including bio-chemical attacks),
civil disturbances and other causes beyond the reasonable control of the performing party (“Force Majeure”). However, events of Force Majeure shall not extend any period of time for the payment of Rent or other sums payable
by either party or any period of time for the written exercise of an option or right by either party. 
 D. Transferability;
Release of Landlord. Landlord shall have the right to transfer and assign, in whole or in part, all of its rights and obligations under this Lease and in the Building and/or Property, and upon such transfer Landlord shall be released from
any further obligations hereunder, and Tenant agrees to look solely to the successor in interest of Landlord for the performance of such obligations. 
 E. Brokers. Tenant represents that it has dealt directly with and only with Jackson Cooksey (whose commission shall be paid by Landlord pursuant to a separate written agreement) in connection with this
Lease. TENANT AND LANDLORD SHALL EACH INDEMNIFY THE OTHER AGAINST ALL COSTS,
EXPENSES, ATTORNEYS’ FEES, LIENS AND OTHER LIABILITY FOR COMMISSIONS OR OTHER
COMPENSATION CLAIMED BY ANY BROKER OR AGENT CLAIMING THE SAME BY,
THROUGH OR UNDER THE INDEMNIFYING PARTY, OTHER THAN THE BROKER(S)
SPECIFICALLY IDENTIFIED ABOVE. 
 F. Authority; Joint and Several
Liability. Landlord covenants, warrants and represents that each individual executing, attesting and/or delivering this Lease on behalf of Landlord is authorized to do so on behalf of Landlord, this Lease is binding upon and enforceable
against Landlord, and Landlord is duly organized and legally existing in the state of its organization and is qualified to do business in the state in which the Premises are located. Similarly, Tenant covenants, warrants and represents that each
individual executing, attesting and/or delivering this Lease on behalf of Tenant is authorized to do so on behalf of Tenant, this Lease is binding upon and enforceable against Tenant; and Tenant is duly organized and legally existing in the state of
its organization and is qualified to do business in the state in which the Premises are located. If there is more than one Tenant, or if Tenant is comprised of more than one party or entity, the obligations imposed upon Tenant shall be joint and
several obligations of all the parties and entities. Notices, payments and agreements given or made by, with or to any one person or entity shall be deemed to have been given or made by, with and to all of them. 
 G. Time is of the Essence; Relationship; Successors and Assigns. Time is of the essence with respect to Tenant’s performance of
its obligations and the exercise of any expansion, renewal or extension rights or other options granted to Tenant. This Lease shall create only the relationship of landlord and tenant between the parties, and not a partnership, joint venture or any
other relationship. This Lease and the covenants and conditions in this Lease shall inure only to the benefit of and be binding only upon Landlord and Tenant and their permitted successors and assigns. 
 H. Survival of Obligations. The expiration of the Term, whether by lapse of time or otherwise, shall not relieve either party of any
obligations which accrued prior to or which may continue to accrue after the expiration or early termination of this Lease except as expressly set forth in this Lease. Without limiting the scope of the prior sentence, it is agreed that Tenant’s

  

 25 

 
obligations under Sections 4.A, 4.B, and 4.C, and under Articles 6, 8, 12, 13, 19, 24, 29 and 30 shall survive the expiration or
early termination of this Lease. 
 I. Binding Effect. Landlord has delivered a copy of this Lease to Tenant for
Tenant’s review only, and the delivery of it does not constitute an offer to Tenant or an option. This Lease shall not be effective against any party hereto until an original copy of this Lease has been signed by such party and delivered to the
other party. 
 J. Full Agreement; Amendments. This Lease contains the parties’ entire agreement regarding the
subject matter hereof. All understandings, discussions, and agreements previously made between the parties, written or oral, are superseded by this Lease, and neither party is relying upon any warranty, statement or representation not contained in
this Lease. This Lease may be modified only by a written agreement signed by Landlord and Tenant. The exhibits and riders attached hereto are incorporated herein and made a part of this Lease for all purposes. 
 K. Tax Waiver. Tenant waives all rights pursuant to all Laws to contest any taxes or other levies or protest appraised values or
receive notice of reappraisal regarding the Property (including Landlord’s personalty), irrespective of whether Landlord contests same. 
 L. Method of Calculation. Tenant hereby acknowledges and agrees that the provisions of this Lease for determining charges and amounts payable by Tenant are commercially reasonable and valid and constitute satisfactory methods
for determining such charges and amounts as required by Section 93.012 of the Texas Property Code. 
 M. Waiver of Consumer
Rights. TENANT HEREBY WAIVES ALL ITS RIGHTS UNDER THE TEXAS DECEPTIVE
TRADE PRACTICES—CONSUMER PROTECTION ACT, SECTION 17.41 ET SEQ. OF THE
TEXAS BUSINESS AND COMMERCE CODE, A LAW THAT GIVES CONSUMERS SPECIAL
RIGHTS AND PROTECTIONS. AFTER CONSULTATION WITH AN ATTORNEY OF TENANT’S
OWN SELECTION, TENANT VOLUNTARILY ADOPTS THIS WAIVER. 
 N. Signage Rights. Prior to the Commencement Date, Landlord shall, at its sole expense, install a multi-tenant monument sign at the Property. During the Term, but only so long as (a) Tenant
occupies at least 22,000 Rentable Square Feet in the Building and (b) no event of default has occurred and is continuing under the Lease, Landlord agrees to install, display and maintain, at Tenant’s sole expense, signage identifying
Tenant’s name and logo (the “Signage”) on the top panel of the monument sign (provided, however, that Landlord shall be entitled from time to time to relocate Tenant’s signage panel to a lower position on the
monument sign upon and following the execution of any lease with another lessee leasing more than 22,000 Rentable Square Feet in the Building). The signage rights granted herein are personal to the specific party originally identified as the
“Tenant” under the Lease and may not be transferred, shared or assigned in whole or in part to any assignee, subtenant or other tenant in the Building other than a Permitted Transfer. The location, size, material, construction and design
of the Signage shall be subject to the prior written approval of Landlord, in its reasonable discretion and compliance with applicable Laws. Upon the Expiration Date or earlier termination of Tenant’s right to possess the Premises, Tenant shall
pay Landlord all expenses incurred in connection with the removal and disposition of the Signage and the repair of any damage caused by the Signage or its removal. 
 [Signatures Appear on the Following Page] 
  

 26 

 Landlord and Tenant have executed this Lease as of the Effective Date specified below Landlord’s
signature. 
  

							
	 LANDLORD:

	
	 FUND II AND FUND III ASSOCIATES,
 a Georgia
Joint Venture

		
	By:	 	 Wells Real Estate Fund II,
 a Georgia limited
partnership
 as Administrative Venturer

			
		 	By:	 	 Wells Capital, Inc.
 a Georgia Corporation

 a general partner

				
		 		 	By:	 	 /s/ Douglas P. Williams

		 		 	Name:	 	Douglas P. Williams
		 		 	Title:	 	Senior Vice President
	
	Effective Date: April 24, 2008
	
	TENANT:
	
	 HOYER GLOBAL (USA), INC.,
 a(n) Texas
corporation

		
	 By:
	 	 /s/ John M. Solt

	 Name:
	 	John M. Solt
	 Title:
	 	President / CEO Americas
		
	 By:
	 	 /s/ David W. Payne

	 Name:
	 	David W. Payne
	 Title:
	 	Treasurer

  

 272008 Short-Term Incentive Plan of John H. Heyman

 Exhibit 10.1 
 2008 STI Plan CEO John Heyman 
 NOTE: All figures below are in US dollars unless otherwise indicated. For individuals based outside the
U.S. and paid in local currency, bonus potential is based on percentage of base salary in local currency. 
 Objectives & Principles

 This document summarizes the Short Term Incentive (“STI”) Plan for individuals in the CEO role. The objectives of this STI Plan are
aligned with overall company compensation program objectives: 
  

	•	 	 Provide total potential compensation equal to or greater than market for the role 

  

	•	 	 Incent healthy cross-functional behavior and reward results that are aligned with company business objectives and our shareholders 

  

	•	 	 Keep the plan simple 

 Some key principles of our STI
plan include: 
  

	•	 	 Self funding – STI payout is funded via financial metrics (team profitability), based on the 12-month financial plan. 

  

	•	 	 Annual payout except for sales-oriented roles. With base salary ranges at market, STI reinforces the pay-for-performance culture. 

  

	•	 	 Payout triggered on financial milestones aligned with Budget and Target (see Section VI for definitions of Budget and Target). Partial payout of STI occurs at
Budget with linear payout of remaining STI up to Target. 

  

	•	 	 ROI to shareholders – our STI plans reflect a philosophy to provide an acceptable return to shareholders before rewarding management or employees for
delivering results. 

 If you have questions or feedback on our compensation program or this STI Plan, please contact the Compensation
Manager. 
 Effective Date 
 January 1 –
December 31, 2008. All STI plans are reviewed annually during Q4 for the upcoming fiscal year, to ensure that these compensation plans are aligned with the company’s financial and operational objectives. 
 Target STI 
 Target STI potential for individuals in this role
is 100% of base salary. 
 Focus of Role 
  

	•	 	 Profitability – measured via Operating Income (“Op Income”). See Section VI for definition of Op Income. 

 STI Plan Structure 
  

	A.	Base Salary – individuals are eligible for base salary increase during the annual salary review cycle. 

  

	B.	STI – structured and paid as follows. 

  

	 	1.	Op Income – STI will be paid as follows based on Op Income. 

  

	 	a)	Budget – 67% of annual STI is associated with Budget level performance, and is paid annually. See Section VI for definition of Budget. 

  

	 	b)	Target – the remaining 33% of annual STI will be paid at year-end in a linear fashion between annual Budget and annual Target. See Section VI for definition of
Target. 

 Example: Assume annual STI potential is $400,000, Op Income Budget is $30 million, Op Income Target is $33 million,
and Actual Op Income $32 million. 
  

	 	•	 	 67% of annual STI ($268,000) is associated with annual Budget performance. The full $268,000 would be paid out since the annual Budget was achieved.

  

	 	•	 	 The remaining 33% of annual STI ($132,000) is associated with Target level performance and is earned ratably between Budget and Target. 4.4% of each dollar between
Budget and Target is earned as STI ($132,000 STI divided by $3,000,000 difference between Budget and Target = 4.4%). Therefore, $88,000 would be earned (4.4% x $2,000,000 difference between Actual and Budget = $88,000). 

 

	 	•	 	 Total STI earned = $356,000 ($268,000 on annual Budget performance + $88,000 on annual performance between Budget and Target). 

 Definitions and Calculations 
  

	•	 	 Operating Income = Operating Income per published financial reports, excluding Taxes, Interest and non-recurring items such as Acquisition Amortization.

  

	•	 	 Budget = formerly known as Threshold. Minimum performance level where a partial payout of STI occurs. Budget assumes moderate revenue and profit growth year over
year and will vary from Industry Group to Industry Group based on growth assumptions in each Industry’s financial plan. 

  

	•	 	 Target = formerly known as Plan. Performance level where full payout of STI occurs. 

 Eligibility and Other Details 
  

	•	 	 This STI plan applies to the individual in the CEO role, unless otherwise specified and approved by the CEO, Division President and VP-HR.

  

	•	 	 The individual must be employed at year-end to earn STI for that year. If an individual’s employment is terminated, all future STI is forfeited.

  

	•	 	 Transfers must be in the new group for a full quarter to be eligible for pro-rata payout in the new group. Therefore, payouts for transfers will be calculated as
follows: 

  

	 	•	 	 Q1 transfer — 1 quarter in old group, 3 quarters in new group 

  

	 	•	 	 Q2 transfer — 2 quarters in old group, 2 quarters in new group 

  

	 	•	 	 Q3 transfer — 3 quarters in old group, 1 quarter in new group 

  

	 	•	 	 Q4 transfer — 4 quarters in old group, next year in new group 

  

	 	•	 	 Annual payouts are based on annual results, prorated according to the above schedule. 

  

	•	 	 If the individual is on a reduced work load, part-time schedule, or on leave of absence, the STI calculation will be adjusted based on base wages earned that year
per Payroll. 

  

	•	 	 Accounting owns the calculation and approval process. HR owns plan documentation. BU leadership owns communication. 

  

	•	 	 STI is calculated and processed after year-end earnings are released and internal financial reports are published, approximately eight weeks after year-end.
Approvals are required from BU leadership, VP-HR, CFO, and CEO. Projected timing of Q4 08 earnings release is February 19, 2009, and projected timing for annual STI payout for 2008 is March 27, 2009. 

  

	•	 	 Once approved, STI will be submitted to Payroll for processing. All STI will be paid out net of applicable taxes. 

  

	•	 	 If you have questions about this STI plan or a specific STI calculation, please contact your manager. S/he will involve others from Accounting, BU leadership, and
HR as appropriate. 

  

	•	 	 The CEO, Division President and VP-HR must approve any exceptions to this STI plan in advance. 

 Individual Targets/Quotas 
  

	•	 	 2008 Budget for Operating Income for Company = [xxxxxx]* 

  

	•	 	 2008 Target for Operating Income for Company = [xxxxxx]* 

 These figures must be achieved after any STI is paid. 
 Sign-off 
 I understand and accept the terms and targets/quotas reflected in this STI plan. 
  

			
	  

	Employee signature	 	 Date

	
	  

	Manager signature	 	 Date

  

	*	Filed under an application for confidential treatment.

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