Document:

Second Amendment to Loan, Guaranty and Security Agreement

 Exhibit 10.12 

SECOND AMENDMENT TO LOAN, GUARANTY AND SECURITY AGREEMENT 

THIS SECOND AMENDMENT TO LOAN, GUARANTY AND SECURITY AGREEMENT (this “Amendment”), dated as of December 23, 2009,
is entered into by and among GORDMANS, INC., a Delaware corporation (“Borrower”), each of the other Credit Parties signatory hereto, each of the lenders that is a signatory to this Amendment (together with its successors and
permitted assigns, individually, “Lender” and, collectively, “Lenders”), and WELLS FARGO RETAIL FINANCE, LLC, a Delaware limited liability company, as the arranger and administrative agent for the Lenders (in such
capacity, together with its successors, if any, in such capacity, “Agent” and together with the Lenders, collectively, the “Lender Group”), in light of the following: 

WHEREAS, Borrower, the other Credit Parties signatory thereto, and the Lender Group are parties to that certain Loan, Guaranty and
Security Agreement, dated as of February 20, 2009 (as amended, restated, supplemented, or modified from time to time, the “Loan Agreement”); 

WHEREAS, the Credit Parties have requested that the Loan Agreement be amended as set forth herein; and 

WHEREAS, subject to the satisfaction of the conditions set forth herein, the Lender Group is willing to so consent to the
amendment of the Loan Agreement. 
 NOW, THEREFORE, for good and valuable consideration, the receipt and adequacy of
which are hereby acknowledged, and upon the terms and conditions set forth herein, the parties hereby agree as follows: 

SECTION 1. RELATION TO THE LOAN AGREEMENT; DEFINITIONS. 

1.1 Relation to Loan Agreement. This Amendment constitutes an integral part of the Loan Agreement and shall be deemed to be
a Loan Document for all purposes. Upon the effectiveness of this Amendment, on and after the date hereof each reference in the Loan Agreement to “this Agreement,” “hereunder,” “hereof,” or words of like import referring
to the Loan Agreement, and each reference in the other Loan Documents to “the Loan Agreement,” “thereunder,” “thereof” or words of like import referring to the Loan Agreement, shall mean and be a reference to the Loan
Agreement as amended hereby. 
 1.2 Capitalized Terms. Capitalized terms used herein without definition shall have
the meanings specified in the Loan Agreement. 
 SECTION 2. CONSENT. 

Notwithstanding anything else in Sections 7.3, 7.8 and 7.11 of the Loan Agreement to the contrary, the Agent and Lenders hereby consent,
effective as of the Second Amendment Effective Date, to (A) the Borrower making a one-time Restricted Payment to Parent and Parent making a further one time Restricted Payment to Parent’s direct and indirect shareholders consisting of a
cash dividend in an amount not to exceed $15,000,000 and (B) to the payment of the fees payable to Sun Capital Management Partners V, LLC as a result of such Restricted Payment permitted in clause (A) as required pursuant to
Section 2(c) of the Management Agreement; provided that (i) such Restricted Payment is paid on or before December 31, 2009; (ii) Borrower delivers to Agent a duly executed and completed Solvency Certificate from its Chief
Financial Officer in the form attached hereto as Annex A and (iii) both before and after giving pro forma effect to such Restricted Payment (a) the Borrower has minimum Excess Availability of $15,000,000 (based on the most recently
delivered Borrowing Base Certificate) and (b) no Default or Event of Default exists. The consent by the Agent and Lenders herein is a one-time consent with respect to the matters specified herein and shall not be construed as creating any
course of conduct on the part of the Agent and Lenders. 

 SECTION 3. AMENDMENT TO LOAN AGREEMENT. 

3.1 Section 7.16 of the Loan Agreement is hereby amended and restated in its entirety to read as follows: 

7.16 Maximum Capital Expenditures. 

Permit the maximum amount of Capital Expenditures of Borrower and its Subsidiaries for any fiscal year to exceed the applicable amount
set forth below for such period: 
  

			
	 Period
	  	 Maximum Capital Expenditure

	 February, 2009 through January 31, 2010
	  	$5,808,000
		
	 February, 2010 through January 31, 2011
	  	$12,735,000
		
	 February, 2011 through January 31, 2012
	  	$12,735,000
		
	 February, 2012 through January 31, 2013
	  	$12,735,000

 provided,
however, if any Capital Expenditures are made in the first 90 days of any fiscal year (other than the fiscal year ending January 31, 2009) and the maximum permitted amount of Capital Expenditures were not made in the prior fiscal year, then 50%
of such Capital Expenditures made in the first 90 days of such fiscal year shall be deemed to be made in the prior fiscal year and shall not be deemed to be made during the fiscal year in which they were actually made to the extent that they would
be permitted to be made in such prior fiscal year, for purposes of complying with the maximum Capital Expenditure limits set forth above. 
  

 2 

 3.2 Section 7.17 of the Loan Agreement is hereby amended and restated in its
entirety to read as follows: 
 7.17 EBITDA. 

Not permit EBITDA for any Computation Period to be less than the amount set forth opposite the applicable Computation Period in the table
below: 
  

				
	 Computation Period
	  	EBITDA
	 Computation Period ended January 31, 2010
	  	$	17,698,000
		
	 Computation Period ended April 30, 2010
	  	$	18,410,000
		
	 Computation Period ended July 31, 2010
	  	$	18,903,000
		
	 Computation Period ended October 31, 2010
	  	$	18,217,000
		
	 Computation Period ended January 31, 2011
	  	$	19,100,000
		
	 Computation Period ended April 30, 2011
	  	$	19,100,000
		
	 Computation Period ended July 31, 2011
	  	$	19,100,000
		
	 Computation Period ended October 31, 2011
	  	$	19,100,000
		
	 Computation Period ended January 31, 2012
	  	$	19,100,000
		
	 Computation Period ended April 30, 2012
	  	$	19,100,000
		
	 Computation Period ended July 31, 2012
	  	$	19,100,000
		
	 Computation Period ended October 31, 2012
	  	$	19,100,000
		
	 Computation Period ended January 31, 2013
	  	$	19,100,000

SECTION 4. REPRESENTATIONS AND WARRANTIES. 

4.1 Representations and Warranties. 

Each Credit Party hereby represents and warrants to the Lender Group that: 

(a) It has the requisite power and authority to execute and deliver this Amendment and to perform its obligations hereunder and under
the Loan Documents to which it is a party. The execution, delivery, and performance by it of this Amendment and the performance by it of each Loan Document to which it is a party (i) have been duly approved by all necessary action and no other
proceedings are necessary to consummate such transactions; and (ii) are not in contravention of (A) any law, rule, or regulation, or any order, judgment, decree, writ, injunction, or award of any arbitrator, court or Governmental Authority
binding on it, (B) the terms of its organizational documents, or (C) any provision of any material contract or undertaking to which it is a party or by which any of its properties may be bound or affected; 

 

 3 

 (b) This Amendment has been duly executed and delivered by such Credit Party. This
Amendment and each Loan Document to which such Credit Party is party are the legal, valid and binding obligation of such Credit Party, enforceable against such Credit Party in accordance with its terms, and is in full force and effect except as such
validity and enforceability is limited by the laws of insolvency and bankruptcy, laws affecting creditors’ rights and principles of equity applicable hereto; 

(c) No injunction, writ, restraining order, or other order of any nature prohibiting, directly or indirectly, the consummation of the
transactions contemplated herein has been issued and remains in force by any Governmental Authority against such Credit Party or any member of the Lender Group; 

(d) No Default or Event of Default has occurred and is continuing on the date hereof or as of the date of the effectiveness of this
Amendment; and 
 (e) The representations and warranties in the Loan Agreement and the other Loan Documents are true and
correct in all material respects on and as of the date hereof, as though made on such date (except to the extent that such representations and warranties relate solely to an earlier date). 

SECTION 5. MISCELLANEOUS. 

5.1 Conditions to Effectiveness. The satisfaction of each of the following shall constitute conditions precedent to the
effectiveness of this Amendment and each and every provision hereof (the date of such being the “Second Amendment Effective Date”): 

(a) The representations and warranties in the Loan Agreement and the other Loan Documents shall be true and correct in all respects on
and as of the date hereof, as though made on such date (except to the extent that such representations and warranties relate solely to an earlier date); 

(b) No Default or Event of Default shall have occurred and be continuing on the date hereof or as of the date of the effectiveness of
this Amendment; 
 (c) Each Credit Party, the Agent and the Required Lenders shall have delivered an executed copy of this
Amendment to Agent; 
 (d) No injunction, writ, restraining order, or other order of any nature prohibiting, directly or
indirectly, the consummation of the transactions contemplated herein shall have been issued and remain in force by any Governmental Authority against any Credit Party or the Lender Group. 

 

 4 

 5.2 Entire Amendment; Effect of Amendment. This Amendment, and terms and
provisions hereof, constitute the entire agreement among the parties pertaining to the subject matter hereof and supersedes any and all prior or contemporaneous amendments relating to the subject matter hereof. Except for the consents and amendments
to the Loan Agreement expressly set forth in Section 2 and 3 hereof, the Loan Agreement and other Loan Documents shall remain unchanged and in full force and effect. The execution, delivery, and performance of this Amendment shall not operate
as a waiver of or, except as expressly set forth herein, as an amendment of, any right, power, or remedy of the Lender Group as in effect prior to the date hereof. The amendments and other agreements set forth herein are limited to the specifics
hereof, shall not apply with respect to any facts or occurrences other than those on which the same are based, shall not excuse future non-compliance with the Loan Agreement, and shall not operate as a consent to any further or other matter, under
the Loan Documents. To the extent any terms or provisions of this Amendment conflict with those of the Loan Agreement or other Loan Documents, the terms and provisions of this Amendment shall control. This Amendment is a Loan Document. 

5.3 Counterparts; Telefacsimile. This Amendment may be executed in any number of counterparts, all of which taken together
shall constitute one and the same instrument and any of the parties hereto may execute this Amendment by signing any such counterpart. Delivery of an executed counterpart of this Amendment by telefacsimile shall be equally as effective as delivery
of an original executed counterpart of this Amendment. Any party delivering an executed counterpart of this Amendment by telefacsimile also shall deliver an original executed counterpart of this Amendment, but the failure to deliver an original
executed counterpart shall not affect the validity, enforceability, and binding effect of this Amendment. 
 5.4 Fees,
Costs and Expenses. Borrower agrees to pay on demand all reasonable fees, costs and expenses in connection with the preparation, execution, delivery, administration, modification and amendment of this Amendment and the other instruments and
documents to be delivered hereunder, including, without limitation, the reasonable fees and out-of-pocket expenses of counsel for the Agent with respect thereto and with respect to advising the Agent as to their rights and responsibilities hereunder
and thereunder. In addition, Borrower shall pay to Lenders an amendment fee in an amount equal to $600,000 in the aggregate which fee shall be fully earned on the Second Amendment Effective Date but will be payable by the Borrower on
January 15, 2010 to the Agent for distribution to each Lender who has executed this amendment by December 31, 2009 in an amount equal to each such consenting Lender’s Pro Rata Share of such fee. 

5.5 Cross-References. References in this Amendment to any Section are, unless otherwise specified, to such Section of this
Amendment. 
 5.6 Successors and Assigns. This Amendment shall be binding upon and inure to the benefit of the
parties hereto and their respective successors and assigns. 
 5.7 GOVERNING LAW. THIS AMENDMENT SHALL BE GOVERNED
BY AND CONSTRUED IN ACCORDANCE WITH THE LAW OF THE STATE OF NEW YORK, WITHOUT REGARD TO ANY CONFLICT OF LAWS PRINCIPLES. 
  

 5 

 [signature page follows] 

 

 6 

 IN WITNESS WHEREOF, the parties have caused this Amendment to be executed and delivered as
of the date first written above. 
  

			
	GORDMANS, INC.
		
	By:	 	 /s/ Michael D. James

	Name:	 	Michael D. James
	Title:	 	Vice President & CFO
	
	GORDMANS MANAGEMENT COMPANY, INC.
		
	 By: 
	 	 /s/ Michael D. James

	 Name:
	 	Michael D. James
	Title:	 	Vice President & CFO
	
	GORDMANS DISTRIBUTION COMPANY, INC.
		
	By: 	 	 /s/ Michael D. James

	Name:	 	Michael D. James
	Title:	 	Vice President & CFO
	
	GORDMANS INTERMEDIATE HOLDINGS CORP.
		
	By: 	 	 /s/ Michael D. James

	Name:	 	Michael D. James
	Title:	 	Vice President & CFO

[Signature Page to Second Amendment] 

 

 7 

  

			
	 WELLS FARGO RETAIL FINANCE, LLC,

a Delaware limited liability company, as Agent and as a Lender

		
	 By:
	 	
 

	Title:	 	Vice President
	
	CIT BANK, a Utah Chartered Bank, as Lender
		
	By:	 	 /s/ Benjamin Haslam

		 	 Benjamin Haslam

	Title:	 	Authorized Signatory
	
	 PNC BANK, NATIONAL ASSOCIATION, as Lender

		
	By:	 	 /s/ Jay Stein

		 	 Jay Stein

	Title:	 	Senior Vice President

 [Signature
Page to Second Amendment] 
  

 8 

 ANNEX A 

FORM OF SOLVENCY CERTIFICATE 
  

 9 

 SOLVENCY CERTIFICATE 

The undersigned hereby certifies that the undersigned is (a) the Chief Financial Officer of Gordmans, Inc., a Delaware corporation
(the “Borrower”‘), (b) authorized to certify as to the financial statements of the Borrower and each other Credit Party, (c) familiar with the properties, business and assets of the Borrower and each other Credit
Party, and (d) authorized to execute and deliver this Certificate on behalf of the Borrower and each other Credit Party. The undersigned further certifies that the undersigned has carefully reviewed the contents of this Certificate and, in
connection herewith, has made such investigations and inquiries as the undersigned deemed necessary and prudent. The undersigned further certifies that the undersigned believes that the financial information and assumptions which underlie and form
the basis for the representations made in this Certificate were reasonable when made and continue to be reasonable as of the date hereof. Capitalized terms used herein that are defined in the Loan, Guaranty and Security Agreement dated as of
February 20, 2009 (as amended, restated, supplemented or otherwise modified from time to time, the “Loan Agreement”) among the Borrower, the financial institutions party thereto (the “Lenders”) and Wells Fargo
Retail Finance, LLC, as agent (in such capacity, the “Agent”), are used herein as so defined. This Certificate is required to be delivered pursuant to the requirements of Section 2 of that certain Second Amendment to Loan,
Guaranty and Security Agreement dated as of December 23, 2009 in connection with the Restricted Payment referred to therein, the undersigned hereby further certifies, on behalf of the Credit Parties and not in my individual capacity, that:

 1. Immediately prior to and after giving effect to the Restricted Payment and the borrowing of any Loans in connection
therewith, with respect to each of the Borrower and the Credit Parties, taken as a whole: 
 (a) the fair value of its assets
(taken as a going concern based on the price available upon the sale of such assets of such Credit Party by a willing seller to a willing buyer, within a commercially reasonable period of time, each having reasonable knowledge of the material facts,
with neither being under any compulsion to act) is greater than the amount of its liabilities (including reasonably likely disputed, contingent and unliquidated liabilities); 

(b) the present fair saleable value of its assets (taken as a going concern based on the price available upon the sale of such assets of
such Credit Party by a willing seller to a willing buyer, within a commercially reasonable period of time, each having reasonable knowledge of the material facts, with neither being under any compulsion to act) is not less than the amount that will
be required to pay the probable liability on its debts as they become absolute and matured; 
 (c) it is able to realize upon
its assets and pay its debts and other liabilities (including reasonably likely disputed, contingent and unliquidated liabilities) as they mature in the normal course of business; 

(d) it does not intend to, and does not believe that it will, incur debts or liabilities beyond its ability to pay as such debts and
liabilities mature; and 
 (e) it is not engaged in business or a transaction, and is not about to engage in business or a
transaction, for which its property would constitute unreasonably small capital. 
 2. In reaching the conclusions set forth in
this Certificate, the undersigned has considered, among other things: 
 (a) after giving effect to the Restricted Payment, the
cash and other current assets of the Borrower and each other Credit Party; 

 (b) after giving effect to the Restricted Payment, refinancing or other replacements of
existing liabilities, debts, obligations and commitments which the Borrower and each other Credit Party, as applicable, reasonably expects will be available on the dates of their respective maturities; 

(c) after giving effect to the Restricted Payment, the estimated value of all property, real and personal, tangible and intangible, of
the Borrower and each other Credit Party, as applicable; 
 (d) all available audited and unaudited consolidated financial
statements of the Borrower and the Subsidiaries; 
 (e) after giving effect to the Restricted Payment, all reasonably likely
liabilities of the Borrower and each other Credit Party known to the undersigned on all claims, whether or not reduced to judgment, liquidated, unliquidated, matured, unmatured, disputed, undisputed, legal, equitable, secured, unsecured, fixed or
contingent, including, among other things, claims arising out of pending or, to the undersigned’s knowledge, threatened litigation against the Borrower and each other Credit Party; 

(f) historical growth in revenues and cash flows of the Borrower and its Subsidiaries and anticipated growth in revenues and cash flows
of the Borrower and its Subsidiaries, certain pro forma financial information of the Borrower and its Subsidiaries and the Borrower’s and each of its Subsidiary’s business plans, all as previously delivered to the Agent and the Lenders;

 (g) customary terms of trade payables in the industry of the Borrower and its Subsidiaries; 

(h) the amount of credit extended to customers of the Borrower and its Subsidiaries; and 

(i) after giving effect to the Restricted Payment, the amount of equity capital of the Borrower and each other Credit Party. 

[signature page follows] 
  

 - 2 - 

 IN WITNESS WHEREOF, the undersigned has executed this Certificate on behalf of the Borrower
and each other Credit Party as of this      day of December, 2009. 
  

			
	GORDMANS, INC.
		
	By:	 	  

	Title:	 	  

Signature page to Solvency CertificateLease Agreement

 Exhibit 10.13 

LEASE AGREEMENT 

between 
 NL
VENTURES VII DOUGLAS, L.L.C. 
 as Lessor 

and 

GORDMANS, INC. 

as Lessee 

 TABLE OF CONTENTS 

 

					
	 	  	 	  	Page
		
	 ARTICLE I
	  	
			
	Section 1.01	  	Lease of Premises; Title and Condition	  	1
	Section 1.02	  	Use	  	2
	Section 1.03	  	Term	  	2
	Section 1.04	  	Options to Extend the Term	  	2
	Section 1.05	  	Rent	  	3
	Section 1.06	  	Union Pacific Leases	  	3
		
	 ARTICLE II
	  	
			
	Section 2.01	  	Maintenance and Repair	  	4
	Section 2.02	  	Alterations, Replacements and Additions	  	5
		
	 ARTICLE III
	  	
			
	Section 3.01	  	Severable Property	  	5
	Section 3.02	  	Removal	  	6
	Section 3.03	  	License of Incidental Rights	  	6
		
	 ARTICLE IV
	  	
			
	Section 4.01	  	Lessee’s Assignment and Subletting	  	6
	Section 4.02	  	Transfer by Lessor	  	7
	Section 4.03	  	Assignment/Subletting Exceptions	  	7
	Section 4.04	  	Leasehold Mortgage	  	9
	Section 4.05	  	Release of Liability	  	9
	Section 4.06	  	Non-Disturbance of Subtenants	  	10
		
	 ARTICLE V
	  	
			
	Section 5.01	  	Net Lease	  	11
	Section 5.02	  	Taxes and Assessments; Compliance With Law	  	12
	Section 5.03	  	Liens	  	13
	Section 5.04	  	Indemnification	  	14

  

					
		 	-i-	 	Douglas Lease Agreement _3

 TABLE OF CONTENTS 

(continued) 
  

					
	 	  	 	  	Page
			
	Section 5.05	  	Permitted Contests	  	15
	Section 5.06	  	Environmental Compliance	  	16
		
	ARTICLE VI	  	
			
	Section 6.01	  	Condemnation and Casualty	  	19
	Section 6.02	  	Insurance	  	22
		
	 ARTICLE VII
	  	
			
	Section 7.01	  	Conditional Limitations; Default Provisions	  	24
	Section 7.02	  	Bankruptcy or Insolvency	  	27
	Section 7.03	  	Additional Rights of Lessor	  	28
		
	ARTICLE VIII	  	
			
	Section 8.01	  	Notices and Other Instruments	  	29
	Section 8.02	  	Estoppel Certificates; Financial Information; Confidentiality	  	30
		
	ARTICLE IX	  	
			
	Section 9.01	  	No Merger	  	32
	Section 9.02	  	Surrender	  	32
	Section 9.03	  	Time	  	32
	Section 9.04	  	Separability; Binding Effect; Governing Law	  	32
	Section 9.05	  	Table of Contents and Headings; Internal References	  	33
	Section 9.06	  	Counterparts	  	33
	Section 9.07	  	Lessor’s and Lessee’s Liability	  	33
	Section 9.08	  	Amendments and Modifications	  	33
	Section 9.09	  	Additional Rent	  	33
	Section 9.10	  	Consent of Lessor	  	33
	Section 9.11	  	Quiet Enjoyment	  	34
	Section 9.12	  	Holding Over	  	34
	Section 9.13	  	Compliance with Terrorism Laws	  	34
	Section 9.14	  	Financing and Subordination, Non-Disturbance and Attornment	  	35

  

					
		 	-ii-	 	Douglas Lease Agreement _3

 TABLE OF CONTENTS 

(continued) 
  

					
	 	  	 	  	Page
			
	Section 9.15	  	Disclaimer of Purchase Rights	  	35
	Section 9.16	  	Security Deposit	  	35
	Section 9.17	  	Guaranty	  	36
	Section 9.18	  	Short Form Memorandum of Lease	  	36
	Section 9.19	  	Intentionally Deleted	  	36
	Section 9.20	  	Brokers	  	36
	Section 9.21	  	Waiver of Jury Trial	  	36
	Section 9.22	  	No Partnership	  	37
	Section 9.23	  	No Construction Against Drafter	  	37
	Section 9.24	  	Security Interest and Security Agreement	  	37
	Section 9.25	  	Characterization of Lease	  	38
	Section 9.26	  	Fair Market Rental	  	39
			
	EXHIBIT A	  	LEGAL DESCRIPTION	  	
	EXHIBIT B	  	PERMITTED EXCEPTIONS	  	
	EXHIBIT C	  	BASIC RENT SCHEDULE	  	
	EXHIBIT D	  	SEVERABLE PROPERTY	  	
	EXHIBIT E	  	COLLATERAL ACCESS AGREEMENT [FORM]	  	
	EXHIBIT F	  	UNION PACIFIC LEASES	  	

  

					
		 	-iii-	 	Douglas Lease Agreement _3

 LEASE AGREEMENT 

THIS LEASE AGREEMENT (this “Lease”) dated as of
                        , 2008, is made and entered into between NL Ventures VII Douglas, L.L.C., a Delaware limited liability
company (“Lessor”), and Gordmans, Inc., a Delaware corporation (“Lessee”). 
 ARTICLE I 

Section 1.01 Lease of Premises; Title and Condition. Upon and subject to the terms and conditions herein specified, Lessor
hereby leases to Lessee, and Lessee hereby leases from Lessor, the premises (the “Premises”) consisting of the following: 

(a) those parcels of land more particularly described in Exhibit A attached hereto and made a part hereof for all purposes having
the following address: 9202 F Street, Omaha, Douglas County, Nebraska 68127, together with all of Lessor’s right, title and interest, if any, in and to all easements, rights-of-way, appurtenances and other rights and benefits associated with
such parcel(s) of land and to all public or private streets, roads, avenues, alleys or pass ways, open or proposed, on or abutting such parcel(s) of land (collectively, the “Land”); and 

(b) all of the buildings, structures, fixtures, facilities, installations and other improvements of every kind and description now or
hereafter in, on, over and under the Land and all plumbing, gas, electrical, ventilating, lighting and other utility systems, ducts, hot water heaters, oil burners, domestic water systems, elevators, escalators, canopies, air conditioning systems
and all other building systems and fixtures attached to or comprising a part of the buildings, including, but not limited to, all other building systems and fixtures necessary to the ownership, use, operation, repair and maintenance of the
buildings, structures, fixtures, facilities, installations and other improvements of every kind, but excluding all Severable Property (as defined in Section 3.01 hereof) (each, individually, a “Building” and, collectively, the
“Improvements”). 
 The Premises are leased to Lessee in their present condition without representation or warranty by
Lessor and subject to the rights of parties in possession, to the existing state of title, to all applicable Legal Requirements (as defined in Section 5.02(b)) now or hereafter in effect and to liens and encumbrances listed in Exhibit B
attached hereto and made a part hereof (collectively, “Permitted Exceptions”) for all purposes. Lessee has examined the Premises and title to the Premises and has found all of the same satisfactory for all purposes. LESSOR LEASES AND WILL
LEASE AND LESSEE TAKES AND WILL TAKE THE PREMISES “AS IS”, “WHERE-IS” and “WITH ALL FAULTS”. LESSEE ACKNOWLEDGES THAT LESSOR (WHETHER ACTING AS LESSOR HEREUNDER OR IN ANY OTHER CAPACITY) HAS NOT
MADE NOR SHALL LESSOR BE DEEMED TO HAVE MADE, ANY WARRANTY OR REPRESENTATION, EXPRESS OR IMPLIED, WITH RESPECT TO ANY OF THE PREMISES, INCLUDING ANY WARRANTY OR REPRESENTATION AS TO (i) ITS FITNESS, DESIGN OR CONDITION FOR ANY PARTICULAR USE OR
PURPOSE, (ii) THE QUALITY OF THE MATERIAL OR WORKMANSHIP THEREIN, (iii) THE EXISTENCE OF ANY DEFECT, LATENT OR PATENT, (iv) LESSOR’S TITLE THERETO, (v) VALUE, (vi) COMPLIANCE WITH SPECIFICATIONS, (vii) LOCATION,
(viii) USE, (ix) CONDITION, (x) MERCHANTABILITY, (xi) QUALITY, (xii) DESCRIPTION, (xiii) DURABILITY, (xiv) OPERATION, (xv) THE EXISTENCE OF ANY HAZARDOUS SUBSTANCE, HAZARDOUS CONDITION OR HAZARDOUS ACTIVITY OR
(xvi) COMPLIANCE OF THE PREMISES WITH ANY LAW; AND ALL RISKS INCIDENT THERETO ARE TO BE BORNE BY LESSEE. LESSEE ACKNOWLEDGES THAT THE PREMISES ARE OF ITS SELECTION AND TO ITS SPECIFICATIONS AND THAT THE PREMISES HAVE BEEN INSPECTED BY LESSEE
AND ARE SATISFACTORY TO LESSEE. IN THE EVENT OF ANY DEFECT OR DEFICIENCY IN ANY OF THE PREMISES OF ANY NATURE, WHETHER LATENT OR PATENT, LESSOR SHALL NOT HAVE ANY RESPONSIBILITY OR LIABILITY WITH RESPECT THERETO OR FOR ANY INCIDENTAL OR
CONSEQUENTIAL DAMAGES (INCLUDING STRICT LIABILITY IN TORT). The provisions of this paragraph have been negotiated and are intended to be a complete exclusion and negation of any warranty by Lessor, express or implied, with respect to any of the
Premises, arising pursuant to the Uniform Commercial Code or any other law now or hereafter in effect or arising otherwise. 

 Section 1.02 Use. Lessee may use the Premises for any purpose allowed under
zoning requirements and for no other purpose. Lessee shall not knowingly use or occupy or permit any of the Premises to be used or occupied, nor knowingly do or permit anything to be done in or on any of the Premises, in a manner which would
(i) make void or voidable or cause any insurer to cancel any insurance required by this Lease, or make it difficult or impossible to obtain any such insurance at commercially reasonable rates, (ii) make void or voidable, cancel or cause to
be canceled or release any warranty, guaranty or indemnity running to the benefit of the Premises or Lessor, (iii) cause structural injury to any of the Improvements, (iv) constitute a public or private nuisance or waste, or
(v) violate any Legal Requirements (as defined below). 
 Section 1.03 Term. This Lease shall be for an Interim
Term, if any, beginning as of the date hereof and ending at 11:59 p.m. on the last day of the current month including the date hereof and a Primary Term of twenty (20) years beginning on December 1, 2008, and ending at 11:59 p.m. on
November 30, 2028. The time period during which this Lease shall actually be in effect, including the Interim Term, the Primary Term and the Extended Term, if any, as any of the same may be terminated prior to their scheduled expiration
pursuant to the provisions hereof, is referred to herein as the “Term.” The term “Lease Year” shall mean, with respect to the first Lease Year, the period commencing on the date hereof and ending at 11:59 p.m. on
November 30, 2009, and each succeeding twelve (12) month period during the Term. 
 Section 1.04 Options to
Extend the Term. Unless an Event of Default (as defined herein) has occurred and is continuing at the time any option is exercised, Lessee shall have the right and option to extend the Lease Term for four (4) additional periods of five
(5) years each, each commencing immediately after the expiration of the then existing term of this Lease (an “Extended Term”), unless this Lease shall expire or be terminated pursuant to any provision hereof. Lessee shall exercise its
option to extend the Term for each of the Extended Terms by giving written notice of intent to Lessor at any time not more than 24 nor less than 12 months prior to the expiration of the then existing Term or Extended Term. Upon the request of Lessor
or Lessee, the parties hereto will, at the expense of the requesting party, execute and exchange an instrument in recordable form setting forth the extension of the Term in accordance with this Section 1.04. If Lessee timely and properly
exercises the foregoing option(s), the Basic Rent due shall be Fair Market Rental as set forth in Section 9.26, and all other terms and conditions of this Lease shall be applicable. 

 

			
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 Section 1.05 Rent. In consideration of this Lease, during the Term, Lessee shall
pay to Lessor the amounts set forth in Exhibit C as annual basic rent for the Premises (“Basic Rent”). Lessee shall pay Basic Rent and all other sums payable to Lessor hereunder to Lessor (or, upon Lessor’s request, to any
mortgagee(s) or beneficiary(ies) identified by Lessor (whether one or more, the “Mortgagee”) under any mortgages, deeds of trust or similar security instruments creating a lien on the interest of Lessor in the Premises (whether one or
more, the “Mortgage”)) by wire or ACH transfer, in immediately available funds, as follows: 
  

			
	The PrivateBank and Trust Company Chicago, Illinois
	ABA#:	 	071 006 486
	Account#:	 	
	Acct Name:	 	NL Ventures VII, L.P.
	Attention:	 	Jake Noble (312) 564-1249,

 or at such other address or to
such other person as Lessor from time to time may designate. Lessor shall give Lessee not less than fifteen (15) days prior written notice of any change in the address to which such payments are to be made. If the party entitled to receive
Basic Rent or such party’s address shall change, Lessee may, until receipt of notice of such change from the party entitled to receive Basic Rent or other sums payable hereunder immediately preceding such change, continue to pay Basic Rent and
other sums payable hereunder to the party to which, and in the manner in which, the preceding installment of Basic Rent or other sums payable hereunder, as the case may be, was paid. Such Basic Rent shall be paid in equal monthly installments in
advance on the first day of each month, except for any Basic Rent due for the rental of the Premises during the Interim Term which shall be payable in advance on or before the date hereof. Any rental payment made in respect of a period which is less
than one month shall be prorated by multiplying the then applicable monthly Basic Rent by a fraction the numerator of which is the number of days in such month with respect to which rent is being paid and the denominator of which is the total number
of days in such month. Lessee shall perform all its obligations under this Lease at its sole cost and expense, and shall pay all Basic Rent, and other sums payable hereunder when due and payable, without notice or demand. 

Section 1.06 Union Pacific Leases. Reference is hereby made to those certain agreements, attached hereto and made a part
hereof as Exhibit F, related to the use of land owned by the Union Pacific Railroad Company located to the North of the Premises (“Union Pacific Leases”). The Union Pacific Leases have been assigned to Lessor. Lessor hereby grants a
license to Lessee for the use of the Union Pacific Leases. In consideration for such license, Lessee hereby agrees that during the Term of this Lease and any extension thereof, Lessee shall abide by the terms and conditions of the Union Pacific
Leases and shall not take or cause to be taken any actions which constitute a default under the Union Pacific Leases. Lessee shall, at its own cost and expense, fully observe, perform and comply with all of the obligations of lessee/tenant/licensee
under the Union Pacific Leases, including, without limitation, the payment of all taxes, rents and/or insurance premiums due under the Union Pacific Leases, which payments Lessee shall simultaneously confirm in writing to Lessor. Lessee shall not
cause, or permit its agents, employees, contractors, invitees, subtenants, licensees, concessionaires or assigns (whether or not permitted hereunder) to cause, whether by act or omission, any breach of, default under, or termination of, the Union
Pacific Leases. As to all matters requiring the consent or approval of, or notice to, Union Pacific, Lessee shall not act without the prior written consent or approval of, or without notice to, as the case may be, Lessor. 

 

			
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 ARTICLE II 

Section 2.01 Maintenance and Repair. 

(a) Lessee acknowledges that it has received the Premises in the condition disclosed in the Property Condition Report (the “Property
Condition Report”), prepared by LandAmerica Assessment Corporation and dated October 28, 2008 (LAC Project Number 08-61704.1). Lessee, at its own expense, agrees to repair or cause to be repaired all of the necessary repairs cited on Table
1 in the Property Condition Report by October 31, 2010. Unless such repair is required due to a Condemnation or Casualty, in which case Lessee’s obligations to repair will be controlled by Section 6.01 below, Lessee, at its own
expense, will maintain all parts of the Premises in good repair, appearance and condition, ordinary wear and tear excepted, and will take all action and will make all structural and nonstructural, foreseen and unforeseen and ordinary and
extraordinary changes and repairs which may be required to keep all parts of the Premises in good repair and condition (including, but not limited to, all painting, glass, utilities, conduits, fixtures and equipment, foundation, roof, exterior
walls, heating and air conditioning systems, wiring, plumbing, sprinkler systems and other utilities, and all paving, sidewalks, roads, parking areas, curbs and gutters and fences), ordinary wear and tear excepted. The necessity and adequacy of
repairs shall be measured by standards that are appropriate for buildings of similar age, construction and use. Lessee, at its own expense, will retain an independent consultant reasonably approved by Lessor to conduct annual inspections of the roof
and the heating and air conditioning systems of the Premises and to provide Lessee and Lessor with a written report of its findings. Lessee shall promptly cause a licensed contractor to perform any recommended or necessary repairs or maintenance
measures reflected in such report. Lessor, its contractors, subcontractors, servants, employees and agents, shall have the right to enter upon the Premises with at least forty-eight (48) hours prior notice and escort by Lessee (except in the
event of an emergency, in which case no notice shall be required) to inspect same to ensure that all parts of the Premises are maintained in good repair and condition, ordinary wear and tear excepted, and Lessee shall not be entitled to any
abatement or reduction in rent by reason thereof. Lessor shall not be required to maintain, repair or rebuild all or any part of the Premises. Lessee waives the right to require Lessor to maintain, repair or rebuild all or any part of the Premises
or make repairs at the expense of Lessor pursuant to any Legal Requirements, agreement, contract, covenant, condition or restrictions at any time. 

(b) If all or any part of the Improvements shall encroach upon any property, street or right-of-way adjoining or adjacent to the
Premises, or shall violate the agreements or conditions affecting the Premises or any part thereof, or shall hinder, obstruct or impair any easement or right-of-way to which the Premises are subject, or any improvement located on an adjoining or
adjacent property to the Premises shall encroach onto the Premises, then, if and to the extent legal action against Lessor, Lessee, or the Premises shall be threatened, or Lessor shall suffer a material and adverse economic loss as a result thereof,
promptly after written request of Lessor (unless such encroachment, violation, hindrance, obstruction or impairment is a Permitted Exception) or of any person so affected, Lessee shall, at its expense, either (i) obtain valid and effective
waivers or settlements of all claims, liabilities and damages resulting therefrom or (ii) if Lessor consents thereto, make such changes, including alteration or removal, to the Improvements and take such other action as shall be necessary to
remove or eliminate such encroachments, violations, hindrances, obstructions or impairments. To the extent any easements are, in Lessee’s good faith judgment, necessary for Lessee’s use and occupancy of the Premises as contemplated by this
Lease, upon Lessee’s written request for consent, Lessor will reasonably consent to same and execute such easements. Notwithstanding the foregoing, Lessor acknowledges that it purchased the Premises subject to that certain fence and stoop
encroachment and that certain curb and gutter paving encroachment, both disclosed by an ALTA/ACSM survey made by Louis Surveying on July 22, 2008, last revised September 4, 2008, entitled “RGHP Properties, L.L.C.” Accordingly,
Lessor will not require Lessee to take any corrective action with regard to said encroachments. 
  

			
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 Section 2.02 Alterations, Replacements and Additions. Lessee may, at its
expense, make additions to and alterations of the Improvements, and construct additional Improvements, provided that (i) the fair market value, the utility, the square footage or the useful life of the Premises shall not be lessened thereby,
(ii) such work shall be expeditiously completed in a good and workmanlike manner and in compliance with all applicable Legal Requirements and the requirements of all insurance policies required to be maintained by Lessee hereunder, and
(iii) no Event of Default exists. No structural alterations which cost in excess of $500,000 shall be made to the Improvements or structural demolitions conducted in connection therewith unless Lessee shall have obtained Lessor’s consent
and furnished Lessor with such surety bonds or other security acceptable to Lessor as shall be reasonably acceptable to Lessor (but in no event greater than the cost of such alterations or demolitions). Cosmetic, interior or nonstructural
alterations (including demolition or construction of interior demising walls that are non-structural and non load-bearing) and structural alterations which cost less than $500,000 shall not require prior written consent from Lessor or Mortgagee, but
written notice to Lessor shall be given. All additions and alterations of the Premises, without consideration by Lessor, shall be and remain part of the Premises (not subject to removal upon termination) and the property of Lessor and shall be
subject to this Lease. To the extent that Lessor shall fail to respond to any request for consent by Lessee pursuant to this Section 2.02 within fifteen (15) days after receipt of such request, Lessee may make a second request for consent.
If such second request states on its face that the consent of Lessor will be deemed given if not responded to within fifteen (15) days after receipt of such second request, Lessor’s consent will be deemed given fifteen (15) days after
Lessor receives such second request. 
 ARTICLE III 

Section 3.01 Severable Property. Lessee may, at its expense, install, assemble or place on the Premises and remove and
substitute any severable property used or useful in Lessee’s business, all as more particularly described in Exhibit D attached hereto and made a part hereof for all purposes (collectively, the “Severable Property”), and all
such Severable Property shall be and remain the property of Lessee unless abandoned. Upon the written request of Lessee, Lessor will subordinate any of its claims or interests in the Severable Property to the lienholders or lessors of such Severable
Property and provide a collateral access agreement substantially in the form attached hereto and made a part hereof for all purposes as Exhibit E. 
  

			
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 Section 3.02 Removal. Lessee may remove the Severable Property at any time
during the Term. Any of Lessee’s Severable Property not removed by Lessee prior to the expiration of this Lease or thirty (30) days after an earlier termination shall be considered abandoned by Lessee and may be appropriated, sold,
destroyed or otherwise disposed of by Lessor without obligation to account therefore; provided, that Lessee may extend such thirty (30) day period of time by an additional thirty (30) days upon payment to Lessor of Basic Rent and
additional rent for such additional thirty (30) day period. Lessee will repair at its expense all damage to the Premises necessarily caused by the removal of Lessee’s Severable Property, whether effected by Lessee or by Lessor. 

Section 3.03 License of Incidental Rights. During the Term, Lessor hereby grants a license to Lessee for the use of the
“Incidental Rights,” “Plans” and “Property Agreements” that were conveyed to Lessor by and as defined in that certain Bill of Sale and Assignment of Incidental Rights and Plans of even date herewith.  

ARTICLE IV 

Section 4.01 Lessee’s Assignment and Subletting. Lessee may, for its own account, assign this Lease or sublet all or any
part of the Premises for the Term of this Lease so long as no Event of Default shall then exist hereunder and Lessee shall have obtained Lessor’s and, if Mortgagee shall require, such Mortgagee’s prior written consent to such assignment or
sublease. Any transfer of all or substantially all of the assets or stock of Lessee, any merger of Lessee into another entity or of another entity into Lessee, or any transfer occurring by operation of law shall be deemed to constitute an assignment
by Lessee of its interest hereunder for the purposes hereof (collectively, “Deemed Assignments”). Lessor’s and Mortgagee’s, if applicable, determination as to whether or not to consent to any proposed assignment or sublease will
be made in Lessor’s or Mortgagee’s commercially reasonable discretion taking into account, among other factors, the following: (i) the business reputation and credit-worthiness of the proposed subtenant or assignee, (ii) the
intended use of the Premises by the proposed subtenant or assignee, (iii) the nature of the business conducted by such subtenant or assignee and whether such business would be deleterious to the condition or reputation of the Premises or
Lessor, (iv) the estimated pedestrian and vehicular traffic in and about the Premises that would be generated by the proposed subtenant or assignee, and (v) whether the proposed subtenant or assignee is a department, representative, agency
or instrumentality of any governmental body, foreign or domestic. If Lessor or Mortgagee fails to respond to Lessee’s request for consent to a proposed assignment or sublease within fifteen (15) business days following Lessee’s
delivery of such request, such request shall be deemed to have been approved by Lessor or Mortgagee, as applicable. Each such assignment or sublease shall expressly be made subject to the provisions hereof, except to the extent the assignment is a
Deemed Assignment and no formal assignment document is necessary. No such assignment or sublease shall modify or limit any right or power of Lessor hereunder or affect or reduce any obligation of Lessee hereunder, and all such obligations shall be
those of Lessee and shall continue in full effect as obligations of a principal and not of a guarantor or surety, as though no subletting or assignment had been made, such liability of the Lessee named herein to continue notwithstanding any
subsequent modifications or amendments of this Lease; provided, however, that (other than with respect to any modifications required by law or on account of bankruptcy or insolvency) if any modification or amendment is made without the consent of
Lessee named herein, such modification or amendment shall be ineffective as against Lessee named herein to the extent, and only to the extent, that the same shall increase the obligations of Lessee, it being expressly agreed that Lessee named herein
shall remain liable to the full extent of this Lease as if such modification had not been made. Except as otherwise provided in this Lease, neither this Lease nor the Term hereby demised shall be mortgaged by Lessee, nor shall Lessee mortgage or
pledge its interest in any sublease of the Premises or the rentals payable thereunder. Any sublease made otherwise than as expressly permitted by this Section 4.01 and any assignment of Lessee’s interest hereunder made otherwise than as
expressly permitted by this Section 4.01 shall be void. Nothing in this Lease is intended to permit, nor shall it allow, Lessee to transfer its interest under this Lease as a part of a fraud or subterfuge to intentionally avoid its obligations
under this Lease, and any such transfer shall be void ab initio. 
  

			
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 Section 4.02 Transfer by Lessor. Lessor shall be free to transfer its fee
interest in the Premises or any part thereof or interest therein, subject, however, to the terms of this Lease. Any such transfer shall relieve the transferor of all liability and obligation hereunder (to the extent of the interest transferred)
accruing after the date of the transfer and any transferee shall be bound by the terms and provisions of this Lease. Lessor shall notify Lessee in writing of such transfer. 

Section 4.03 Assignment/Subletting Exceptions. Notwithstanding the provisions of Section 4.01, Lessee shall have the
right to assign its interest in this Lease or sublet all or any portion of the Premises at any time without the consent of Lessor or Mortgagee to (i) the surviving entity of any merger or consolidation between Lessee and its parent,
(ii) any Affiliate of Lessee, or (iii) to any person or entity who purchases substantially all of the assets or stock of or merges with or into Lessee, so long as any proposed assignee or sublessee has a tangible net worth equal to or
greater than $15,000,000.00, as shown on such prospective assignee’s or sublessee’s balance sheet prepared in accordance with generally accepted accounting principles consistently applied (“GAAP”) as of the date of such
assignment or subletting. The purchase and sale of Lessee’s stock as part of an initial public offering shall not be deemed to constitute an assignment by Lessee of its interest hereunder. Provided, however, the exceptions afforded Lessee above
in this Section shall be conditioned on the following: 
 (a) Lessee is not then in default beyond applicable notice and cure
periods hereunder; 
 (b) Lessor is provided written notice of such proposed assignment or subletting at least seven
(7) days prior to effectuating same and Lessor is provided a copy of the documents evidencing such proposed assignment or sublease (except to the extent the assignment is a Deemed Assignment and no formal assignment document is necessary, in
which case Lessee shall provide to Lessor an affidavit of the president or a vice president of Lessee, stating that (1) the affiant knows of no Event of Default, or event which, upon notice or the passage of time or both, would become an Event
of Default which has occurred and is continuing hereunder, or, if any such event has occurred and is continuing, specifying the nature and period of existence thereof and what action Lessee has taken or proposes to take with respect thereto and
(2) a Deemed Assignment has occurred and no formal documentation of the assignment exists); 
  

			
	- 7 -	 	Douglas Lease Agreement_3

 (c) Any subletting or assignment of the Premises shall be subject to the terms of this Lease
and Lessee shall (except as otherwise provided herein) remain liable hereunder, as same may be amended from time to time; 
 (d)
Each sublease shall contain provisions to the effect that (i) such sublease is only for actual use and occupancy by the sublessee; (ii) such sublease is subject and subordinate to all of the terms, covenants and conditions of this Lease
and to all of the rights of Lessor hereunder; (iii) that any security deposit paid by sublessee shall be pledged to Lessor subject to the terms of the sublease and subject to Lessee’s right to apply the security deposit in accordance with
the sublease; and (iv) in the event this Lease shall terminate before the expiration of such sublease, the sublessee thereunder will, at Lessor’s option, attorn to Lessor and waive any rights the sublessee may have to terminate the
sublease or to surrender possession thereunder, as a result of the termination of this Lease; 
 (e) Lessee agrees to pay, or to
cause the assignee or sublessee, as applicable, to pay, on behalf of Lessor any and all actual, reasonable out-of-pocket costs of Lessor, including reasonable attorneys’ fees paid or payable to outside counsel, incurred as a result of such
subletting or assignment, up to a maximum of $1,500 per assignment or sublease. Further, Lessee agrees that Lessor shall in no event be liable for any leasing commissions, finish-out costs, rent abatements or other costs, fees or expenses incurred
by Lessee in subleasing or assigning or seeking to sublease or assign its leasehold interest in the Premises, and Lessee agrees to indemnify, defend and hold harmless Lessor and its partners, and their respective officers, directors, shareholders,
agents, employees and representatives from, against and with respect to any and all such commissions, costs, fees and expenses; and 

(f) Such assignee agrees in writing to honor and perform all of the obligations of Lessee hereunder from and after the date of such
assignment, except to the extent the assignment is a Deemed Assignment and no formal assignment document is necessary. 
  

			
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 Section 4.04 Leasehold Mortgage. Notwithstanding the provisions of
Section 4.01, Lessee shall have the right, without Lessor’s or Mortgagee’s consent, to collaterally assign, pledge and/or mortgage all of Lessee’s rights and interests under this Lease, its interest in any sublease of the
Premises, or the rentals payable thereunder, to any provider of construction, interim, or long-term financing, or any refinancing thereof, and any trustee or agent acting on their behalf (“Lessee Lenders”) as security for Lessee’s
obligations under all documents and instruments evidencing, guaranteeing or executed by Lessee in connection with any said financing (“Financing Documents”), on the condition that (i) said Lessee Lenders are investors customarily in
the business of making loans, (ii) Lessee is limited to one mortgagee, assignee or pledgee at a time, (iii) Lessor obtains copies of all Financing Documents, (iv) that any assignees or subtenants shall not have such right to mortgage,
assign or pledge this Lease, except to the extent the assignment is a Deemed Assignment, (v) that any proposed purchaser at foreclosure or grantee in lieu of foreclosure, or a guarantor of its obligations hereunder, meet the requirements to
permit Lessee to be released from liability under this Lease, as set forth in Section 4.05 above, (vi) the Financing Documents not alter any terms of this Lease (including use of the Net Proceeds), (vii) any assignee, purchaser at
foreclosure or grantee in lieu of foreclosure shall restore the Security Deposit, (viii) the Lessee Lenders have no greater rights for notice and cure of Lessee Events of Default except as otherwise set forth in this Lease, and (ix) there
be no uncured Event of Default hereunder. In the event of such a collateral assignment, pledge and/or mortgage and upon occurrence of an Event of Default by Lessee under this Lease or the Financing Documents, as the case may be, the Lessee Lenders
shall have the right (but not the obligation) to assume, all of the rights, interests and obligations of Lessee thereafter arising under this Lease. Lessor or Lessee, upon request of the other, shall promptly execute and deliver to the requesting
party, and/or Lessee Lenders or Mortgagee, a written consent to any such collateral assignment, pledge and/or mortgage of this Lease and such written certificates as to the due authorization, execution and delivery by the executing party, and
enforceability against Lessor or Lessee of this Lease as Lessor or Lessee and/or Lessee Lenders and Mortgagee may reasonably request; provided, however, in no event and under no circumstances shall any assignment, pledge or mortgage of
Lessee’s rights and interests under this Lease to Lessee Lenders be superior to any pledge or mortgage of the Premises by Lessor to Mortgagee or to a pledge or grant of the Lease to Mortgagee as security for said financing or refinancing, and,
accordingly, Lessee acknowledges that any assignment, pledge and/or mortgage of this Lease to Lessee Lenders will be subordinate to Lessor’s financing and the rights thereunder, whether entered into now or at any time in the future.
Notwithstanding the foregoing, whenever Lessor shall send notice of default to Lessee, Lessor shall, at such time, also send notice of such default to Lessee Lenders (if adequate contact information has been provided to Lessor) in the same manner as
notices are required hereunder and Lessee Lenders shall have the same period in which to cure as does Lessee plus five (5) days. 

For the purposes of this Section, “Affiliate” shall be defined as with respect to any Person, any other Person that, directly
or indirectly, controls or is controlled by or is under common control with such Person, and shall include the spouse of any natural person. The term “control” and any derivatives thereof shall mean the possession, directly or indirectly,
of the power to direct or cause the direction of the management and policies of a Person, whether through ownership of voting securities, by contract, or otherwise. “Person” shall mean an individual, partnership, association, corporation
or other entity. 
 Section 4.05 Release of Liability. Anything in this Lease to the contrary notwithstanding, if an
assignee of this Lease at the time of the assignment (a)(i) is a purchaser of all or substantially all of the assets of Lessee and (ii) has, or whose guarantor has, a tangible net worth, taking into account the assignment, equal to or greater
than $15,000,000, as determined in accordance with GAAP, and (b) agrees in writing to assume and perform all of the obligations of Lessee hereunder from and after the date of such assignment, Lessee shall be released from any and all liability
under this Lease if Lessee provides to Lessor notice thereof, along with a copy of such assignment, and an officer’s certificate of Lessee certifying, if applicable, that the aforesaid conditions for release of Lessee from liability have been
satisfied, along with supporting documentation, all of which shall be satisfactory in Lessor’s reasonable discretion. 
  

			
	- 9 -	 	Douglas Lease Agreement_3

 Section 4.06 Non-Disturbance of Subtenants. In the event Lessee shall sublet
more than twenty five percent (25%) of the net rentable area of the Improvements pursuant to the terms of this Lease to one subtenant, upon the request of Lessee from time to time, if (a) the terms of said sublease were negotiated on an
arm’s length basis with a third party not affiliated with Lessee; (b) the base minimum rent per square foot of the portion of the Premises sublet for the term of such sublease is equal to or greater than the Basic Rent; (c) the terms
of the sublease shall have substantially the same terms and conditions as this Lease, including, without limitation, the same lease term, rent escalations, covenants, indemnifications, escrows and reserves and financial reporting requirements
(except for such provisions which by their terms are not applicable to such Premises sublet) and shall not create, if Lessor were to assume the obligations of the sublandlord under the sublease, any obligations or liabilities that Lessor does not
have under this Lease; (d) the tenant under the sublease at the time of the sublease has a tangible net worth of at least Seven Million Five Hundred Thousand Dollars ($7,500,000), provided that Lessee may satisfy such condition by providing or
causing to be provided, a guaranty (in form and substance reasonably acceptable to and approved by Lessor in writing, such approval not to be unreasonably withheld or delayed) from an entity that meets the foregoing requirements), (e) the
subleased premises shall be of such configuration as to not (i) unreasonably interfere with future leasings of the remainder of the Premises or (ii) diminish the fair market rental value of the remainder of the Premises, (f) the
sublease contains no other material provisions that (i) benefit the subtenant and are unusual for a “market” sublease of the type in question and (ii) are materially adverse to a landlord, and (g) Lessee provides Lessor with
an officer’s certificate of Lessee certifying compliance with the criteria in subsections (a) through (f), and attaching a schedule of rent calculations and other details supporting the certifications, then Lessor shall execute and
deliver to such subtenant a written agreement in commercially reasonable form (an “NDA”), to the effect that, notwithstanding the termination of this Lease or Lessee’s possessory and other rights and obligations under this
Lease by Lessor, so long as such subtenant shall continue to observe and perform all of its obligations under the sublease, such subtenant and the rights of subtenant under any sublease shall be recognized and not be disturbed by Lessor but shall
continue in full force and effect, Lessor shall assume the obligations of the landlord under the sublease and any Event of Default under this Lease not caused by the subtenant shall not apply to any such sublease. For avoidance of doubt, the payment
by Lessee to a subtenant of a tenant allowance at the execution of the sublease shall not be considered unusual provided, however, Lessor shall not be required to assume any obligations of Lessee with respect to any tenant allowance payments. In the
event of a termination of this Lease, any sublease for which a NDA has been executed and delivered by Lessor shall continue in full force and effect as a direct lease between Lessor and subtenant. Lessor agrees to execute, and to use commercially
reasonable efforts to cause its Mortgagee to execute, such other documentation as may be reasonably required to effectuate the non-disturbance contemplated herein. 

 

			
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 ARTICLE V 

Section 5.01 Net Lease. 

(a) It is expressly understood and agreed by and between the parties that this Lease is an absolute net lease, and the Basic Rent and all
other sums payable hereunder to or on behalf of Lessor shall be paid without notice or demand and without setoff, counterclaim, abatement, suspension, deduction or defense. 

(b) Except as otherwise expressly provided in this Lease, this Lease shall not terminate, nor shall Lessee have any right to terminate
this Lease or be entitled to the abatement of any rent or any reduction thereof, nor shall the obligations hereunder of Lessee be otherwise affected, by reason of any damage to or destruction of all or any part of the Premises from whatever cause,
the taking of the Premises or any portion thereof by condemnation or otherwise, the prohibition, limitation or restriction of Lessee’s use of the Premises, any latent or other defect in any of the Premises, the breach of any warranty of any
seller or manufacturer of any of the Improvements or Severable Property, the bankruptcy, insolvency, reorganization, composition, readjustment, liquidation, dissolution or winding-up of, or other proceeding affecting Lessor, the exercise of any
remedy, including foreclosure, under any mortgage or collateral assignment, any action with respect to this Lease (including the disaffirmance hereof) which may be taken by Lessor, any trustee, receiver or liquidator of Lessor or any court under the
Federal Bankruptcy Code or otherwise, and market or economic changes, or interference with such use by any private person or corporation, or by reason of any eviction by paramount title resulting by a claim from Lessor’s predecessor in title,
or for any other cause whether similar or dissimilar to the foregoing, any present or future law to the contrary notwithstanding, it being the intention of the parties hereto that the rent and all other charges payable hereunder to or on behalf of
Lessor shall continue to be payable in all events and the obligations of Lessee hereunder shall continue unaffected, unless the requirement to pay or perform the same shall be terminated pursuant to an express provision of this Lease. Nothing
contained in this Section 5.01 shall be deemed a waiver by Lessee of any rights that it may have to bring a separate action with respect to any default by Lessor hereunder or under any other agreement. 

(c) The obligations of Lessee hereunder shall be separate and independent covenants and agreements. Lessee covenants and agrees that it
will remain obligated under this Lease in accordance with its terms, and that Lessee will not take any action to terminate, rescind or avoid this Lease, notwithstanding the bankruptcy, insolvency, reorganization, composition, readjustment,
liquidation, dissolution, winding-up or other proceeding affecting Lessor or any assignee of Lessor in any such proceeding and notwithstanding any action with respect to this Lease which may be taken by any trustee or receiver of Lessor or of any
assignee of Lessor in any such proceeding or by any court in any such proceeding. 
 (d) Except as otherwise expressly provided
in this Lease, or if Lessor breaches the covenant of quiet enjoyment under this Lease, Lessee waives all rights now or hereafter conferred by law (i) to quit, terminate or surrender this Lease or the Premises or any part thereof or (ii) to
any abatement, suspension, deferment or reduction of the rent, or any other sums payable hereunder to or on behalf of Lessor, regardless of whether such rights shall arise from any present or future constitution, statute or rule of law. 

 

			
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 Section 5.02 Taxes and Assessments; Compliance With Law. 

(a) Lessee shall pay, as additional rent, prior to delinquency, the following (collectively, “Taxes”): (i) all taxes,
assessments, levies, fees, water and sewer rents and charges and all other governmental charges, general and special, ordinary and extraordinary, foreseen and unforeseen, which are, at any time prior to or during the Term imposed or levied upon or
assessed against or which arise with respect to (A) the Premises, (B) any Basic Rent, additional rent or other sums payable hereunder, (C) this Lease or the leasehold estate hereby created or (D) the operation, possession or use
of the Premises; (ii) all gross receipts or similar taxes (i.e., taxes based upon gross income which fail to take into account deductions with respect to depreciation, interest, taxes or ordinary and necessary business expenses, in each case
relating to the Premises) imposed or levied upon, assessed against or measured by any Basic Rent, additional rent or other sums payable hereunder; (iii) all sales, value added, ad valorem, use and similar taxes at any time levied, assessed or
payable on account of the leasing, operation, possession or use of the Premises; and (iv) all charges of utilities, communications and similar services serving the Premises. Notwithstanding the foregoing, “Taxes,” as used herein,
shall not include, and Lessee shall not be required to pay any franchise, estate, inheritance, transfer, income, capital gains or similar tax of or on Lessor unless such tax is imposed, levied or assessed in substitution for any other tax,
assessment, charge or levy which Lessee is required to pay pursuant to this Section 5.02(a); provided, however, that if, at any time during the Term, the method of taxation shall be such that there shall be assessed, levied, charged or imposed
on Lessor a capital levy or other tax directly on the rents received therefrom, or upon the value of the Premises or any present or future improvement or improvements on the Premises, then all such levies and taxes or the part thereof so measured or
based shall be included in the term “Taxes” and payable by Lessee, and Lessee shall pay and discharge the same as herein provided. Lessee will furnish to Lessor, promptly after request therefor, proof of payment of all items referred to
above which are payable by Lessee. If any such assessment may legally be paid in installments, Lessee may pay such assessment in installments; in such event, Lessee shall be liable only for installments which become due and payable with respect to
any tax period occurring in whole or in part during the Term hereof; provided, however, that all amounts referred to in this Section 5.02(a) for the fiscal or tax year in which the Term shall expire shall be apportioned so that Lessee shall pay
those portions thereof which correspond with the portion of such year as are within the Term hereby demised. 
 (b) Except with
respect to environmental, safety and health matters (which are the subject of Section 5.06 below), Lessee shall comply with and cause the Premises to comply with and shall assume all obligations and liabilities with respect to (i) all
laws, ordinances and regulations and other governmental rules, orders and determinations presently in effect or hereafter enacted, made or issued, whether or not presently contemplated (collectively, “Legal Requirements”), as applied to
the Premises or the ownership, operation, use or possession thereof, including, but not limited to, maintaining an adequate number of vehicular parking spaces, and (ii) all contracts, insurance policies (including, without limitation, to the
extent necessary to prevent cancellation thereof and to insure full payment of any claims made under such policies), agreements, covenants, conditions and restrictions now or hereafter applicable to the Premises or the ownership, operation, use or
possession thereof (other than covenants, conditions and restrictions imposed by Lessor subsequent to the date of this Lease without the consent of Lessee), including, but not limited to, all such Legal Requirements, contracts, agreements,
covenants, conditions and restrictions which require structural, unforeseen or extraordinary changes; provided, however, that, with respect to any of the obligations of Lessee in clause (ii) above which are not now in existence, Lessee shall
not be required to so comply unless Lessee is either a party thereto or has given its written consent thereto, or unless the same is occasioned by Legal Requirements or Lessee’s default (including any failure or omission by Lessee) under this
Lease. Nothing in clause (ii) of the immediately preceding sentence or the following sentence shall modify the obligations of Lessee under Section 5.04 of this Lease. 

 

			
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 (c) On the date hereof and promptly after any future date on which the Taxes are increased
by an applicable taxing authority, Lessee shall pay to Lessor that amount necessary to ensure there will be on deposit with Lessor an amount which when added to the Tax Escrow Payments will result in there being an amount on deposit sufficient to
pay the Taxes at least two (2) months prior to the due date thereof (“Initial Tax Escrow Payment”). Thereafter, Lessee shall, in addition to and concurrently with the payment of Basic Rent as required in Section 1.05 hereof, pay
one-twelfth of the amount (as reasonably estimated by Lessor) of the annual Taxes (each such payment, a “Tax Escrow Payment,” and together with the Initial Tax Escrow Payment, hereinafter collectively referred to as the “Tax Escrow
Payments”) next becoming due and payable with respect to the Premises. Lessee shall also pay to Lessor within fifteen (15) days after demand therefor the amount by which the actual Taxes exceed the payment by Lessee required in this
subsection. Notwithstanding anything to the contrary contained in this Lease, so long as Lessee shall have complied with its obligations under this Section 5.02(c), Lessor shall be solely liable for the application of the Tax Escrow Payments to
the actual payment of Taxes as and when the same become due. Any excess Tax Escrow Payments remaining at the expiration of the Term shall be refunded to Lessee. 

Section 5.03 Liens. Lessee will remove and discharge any charge, lien, security interest or encumbrance upon the Premises or
upon any Basic Rent, additional rent or other sums payable hereunder which arises for any reason, including, without limitation, all liens which arise out of the possession, use, occupancy, construction, repair or rebuilding of the Premises or by
reason of labor or materials furnished or claimed to have been furnished to Lessee or for the Premises, but not including (i) the Permitted Exceptions, (ii) this Lease and any assignment hereof or any sublease permitted hereunder and
(iii) any mortgage, charge, lien, security interest or encumbrance created or caused by or through Lessor or its agents, employees or representatives. Lessee may provide a bond or other security reasonably acceptable to Lessor (but in no event
greater in amount than the amount of such encumbrance) to remove or pay all costs associated with the removal of any such lien, provided the conditions of Section 5.05 shall be satisfied. Nothing contained in this Lease shall be construed as
constituting the consent or request of Lessor, express or implied, to or for the performance (on behalf of or for the benefit of Lessor) by any contractor, laborer, materialman or vendor, of any labor or services or for the furnishing of any
materials for any construction, alteration, addition, repair or demolition of or to the Premises or any part thereof. NOTICE IS HEREBY GIVEN THAT LESSOR WILL NOT BE LIABLE FOR ANY LABOR, SERVICES OR MATERIALS FURNISHED OR TO BE FURNISHED TO LESSEE,
OR TO ANYONE HOLDING AN INTEREST IN THE PREMISES OR ANY PART THEREOF THROUGH OR UNDER LESSEE, AND THAT NO MECHANIC’S OR OTHER LIENS FOR ANY SUCH LABOR, SERVICES OR MATERIALS SHALL ATTACH TO OR AFFECT THE INTEREST OF LESSOR IN AND TO THE
PREMISES UNLESS BY OR THROUGH LESSOR OR ITS AGENTS, EMPLOYEES OR REPRESENTATIVES. 
  

			
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 Section 5.04 Indemnification. 

(a) Except with respect to Environmental Losses (which are the subject of Section 5.06 below), and except to the extent arising from
any negligent act or omission of any Indemnified Party while physically upon the Premises, and except for gross negligence or willful misconduct of any Indemnified Party (as defined herein), Lessee shall defend all actions against Lessor and any
partner, officer, director, member, employee or shareholder of the foregoing (collectively, “Indemnified Parties”), with respect to, and shall pay, protect, indemnify and save harmless the Indemnified Parties from and against, any and all
liabilities, losses, damages, costs, expenses (including, without limitation, reasonable attorneys’ fees and expenses), causes of action, suits, claims, demands or judgments of any nature arising from (i) injury to or death of any person,
or damage to or loss of property, on or about the Premises, or connected with the use, condition or occupancy of any thereof, (ii) an Event of Default by Lessee under this Lease, (iii) use, act or omission of Lessee or its agents,
contractors, licensees, sublessees or invitees, (iv) contest referred to in Section 5.05 of this Lease, (v) liens against the Premises in violation of Section 5.03 of this Lease, and (vi) obligations and/or indemnities that
arise under the Union Pacific Leases. LESSEE UNDERSTANDS AND AGREES THAT THE FOREGOING INDEMNIFICATION OBLIGATIONS OF LESSEE ARE EXPRESSLY INTENDED TO AND SHALL INURE TO THE BENEFIT OF THE INDEMNIFIED PARTIES EVEN IF SOME OR ALL OF THE MATTERS FOR
WHICH SUCH INDEMNIFICATION IS PROVIDED ARE CAUSED OR ALLEGED TO HAVE BEEN CAUSED BY THE SOLE, SIMPLE, JOINT OR CONCURRENT NEGLIGENCE OR STRICT LIABILITY OF ANY OF THE INDEMNIFIED PARTIES, BUT NOT TO THE EXTENT CAUSED BY ANY NEGLIGENT ACT OR OMISSION
OF ANY INDEMNIFIED PARTY WHILE PHYSICALLY UPON THE PREMISES OR THE INDEMNIFIED PARTIES’ GROSS NEGLIGENCE OR WILLFUL MISCONDUCT. The obligations of Lessee under this Section 5.04 shall survive any termination, expiration, rejection in
bankruptcy, or assumption in bankruptcy of this Lease. 
 (b) The rights and obligations of Lessor and Lessee with respect to
claims by Lessor against Lessee brought pursuant to this Section 5.04 and Section 5.06 shall be subject to the following conditions: 

(i) If Lessor receives notice of the assertion of any claim in respect of which it intends to make an indemnification claim under this
Section 5.04 or Section 5.06, Lessor shall promptly provide written notice of such assertion to Lessee; provided that failure of Lessor to give Lessee prompt notice as provided herein shall not relieve Lessee of any of its obligations
hereunder, except to the extent the Lessee is prejudiced by such failure. The notice shall describe in reasonable detail the nature of the claim and the basis for an indemnification claim under Section 5.04 or Section 5.06, and shall be
accompanied by all papers and documents which have been served upon Lessor and such other documents and information as may be appropriate to an understanding of such claim and the liability of Lessee to indemnify Lessor hereunder. Except as required
by law, the Lessor shall not answer or otherwise respond to such claim or take any other action which may prejudice the defense thereof unless and until Lessee has been given the opportunity to assume the defense thereof as required by this
Section 5.04 and refused to do so. 
  

			
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 (ii) Upon receipt of an indemnification notice under this Section 5.04, the Lessee
shall have the right, but not the obligation, to promptly assume and take exclusive control of the defense, negotiation and/or settlement of such claim; provided, however, that if the representation of both parties by Lessee would be inappropriate
due to actual or potential differing interests between them, then the Lessee shall not be obligated to assume such defense, but such conflict shall not lessen Lessee’s indemnity obligation hereunder. In the event of a conflict of interest or
dispute or during the continuance of an Event of Default, Lessor shall have the right to select counsel, and the cost of such counsel shall be paid by Lessee. The parties acknowledge that, with respect to claims for which insurance is available, the
rights of the parties to select counsel for the defense of such claims shall be subject to such approval rights as the insurance company providing coverage may have. 

(iii) The party controlling the defense of a claim shall keep the other party reasonably informed at all stages of the defense of such
claim. The party not controlling the defense of any claim shall have the right, at its sole cost and expense, to participate in, but not control, the defense of any such claim. Each party shall reasonably cooperate with the other in the defense,
negotiation and/or settlement of any such claim. In connection with any defense of a claim undertaken by Lessee, Lessor shall provide Lessee, and its counsel, accountants and other representatives, with reasonable access to relevant books and
records and make available such personnel of Lessor as Lessee may reasonably request. 
 Section 5.05 Permitted
Contests. 
 (a) Lessee, at its expense, may contest, by appropriate legal proceedings conducted in good faith and with due
diligence, any Legal Requirements with which Lessee is required to comply pursuant to Section 5.02(b) or any Environmental Law under Section 5.06, or the amount or validity or application, in whole or in part, of any tax, assessment or
charge which Lessee is obligated to pay or any lien, encumbrance or charge not permitted by Sections 2.01, 2.02, 5.02(a), 5.03 and 6.01, provided that unless Lessee has already paid such tax, assessment or charge (i) the commencement of such
proceedings shall suspend the enforcement or collection thereof against or from Lessor and against or from the Premises, (ii) neither the Premises nor any rent therefrom nor any part thereof or interest therein would be in any danger of being
sold, forfeited, attached or lost, (iii) Lessee shall have furnished such security, if any, as may be required in the proceedings and as may be reasonably required by Lessor, and (iv) if such contest be finally resolved against Lessee,
Lessee shall promptly pay the amount required to be paid, together with all interest and penalties accrued thereon. Lessor, at Lessee’s expense, shall execute and deliver to Lessee such authorizations and other documents as reasonably may be
required in any such contest. Lessee shall indemnify and save Lessor harmless against any cost or expense of any kind that may be imposed upon Lessor in connection with any such contest and any loss resulting therefrom. Notwithstanding any other
provision of this Lease to the contrary, Lessee shall not be in default hereunder in respect to the compliance with any Legal Requirements with which Lessee is obligated to comply pursuant to Section 5.02(b), any Environmental Law under
Section 5.06, or in respect to the payment of any tax, assessment or charge which Lessee is obligated to pay or any lien, encumbrance or charge not permitted by Section 2.01, 2.02, 5.02(a), 5.03 and 6.01 which Lessee is in good faith
contesting. 
  

			
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 (b) Without limiting the provisions of Section 5.05(a), so long as no Event of Default
exists and the conditions set forth in Section 5.05(a) are satisfied, Lessor hereby irrevocably appoints Lessee as Lessor’s attorney-in-fact solely for the purpose of prosecuting a contest of any tax, assessment or charge which Lessee is
obligated to pay. Such appointment is coupled with an interest. Notwithstanding the foregoing appointment, if Lessee determines it to be preferable in prosecution of a contest of a tax, assessment or charge, upon Lessee’s prior request, Lessor
shall execute the real estate tax complaint and/or other documents reasonably needed by Lessee to prosecute the complaint as to such tax, assessment or charge and return same to Lessee within ten (10) days. In such event, Lessee shall pay all
of Lessor’s costs and expenses in connection therewith, including, without limitation, reasonable attorneys’ fees and Lessee shall arrange for preparation of such documentation at Lessee’s sole cost and expense. 

Section 5.06 Environmental Compliance. 

(a) For purposes of this Lease: 

(i) the term “Environmental Laws” shall mean and include the Resource Conservation and Recovery Act, as amended by the
Hazardous and Solid Waste Amendments of 1984, the Comprehensive Environmental Response, Compensation and Liability Act, the Hazardous Materials Transportation Act, the Toxic Substances Control Act, the Federal Insecticide, Fungicide and Rodenticide
Act and all other applicable federal, state and local environmental laws, ordinances, rules, requirements, and regulations, as any of the foregoing have been or may be from time to time amended, supplemented or supplanted in each case relating to
(i) the preservation or regulation of the public health, welfare or environment, (ii) the regulation or control of toxic or hazardous substances or materials, (iii) the protection of worker safety and health, or (iv) any wrongful
death, personal injury or property damage that is caused by or related to the presence, growth, proliferation, reproduction, dispersal, or contact with any biological organism or portion thereof (living or dead), including molds or other fungi,
bacteria or other microorganisms or any etiologic agents or materials; and 
 (ii) the term “Regulated
Substance” shall mean any substances or materials as to which liability or standards of conduct are now or may hereafter be imposed pursuant to any Environmental Laws, and shall include (A) mold, fungi, bacteria or other biological or
etiological agent, and (B) any material now or hereafter defined in any Environmental Law as a “regulated substance,” “pesticide,” “hazardous substance” or “hazardous waste” or included in any similar or
like classification or categorization thereunder. 
 (b) Lessee shall: 

(i) (A) not cause or permit any Regulated Substance to be placed, held, located, released, transported or disposed of on, under, at
or from the Premises in violation of Environmental Laws and in a manner adversely impacting the Premises or the value thereof (“Regulated Substance Contamination”), and (B) comply with and cause the Premises to comply with all
Environmental Laws, except in either case as otherwise set forth herein; 
  

			
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 (ii) contain at or remove from the Premises, or perform any other necessary remedial action
regarding, any Regulated Substance Contamination if, as and when such containment, removal or other remedial action is required under any Environmental Laws (“Remedial Action”), which Remedial Action shall be conducted in compliance with
all Environmental Laws and shall utilize the lowest cost commercially reasonable cleanup standards available under Environmental Laws applicable to and consistent with current uses of the Premises (including the use of institutional controls and
risk-based cleanup standards to the extent not unreasonably interfering with current uses of the Premises); 
 (iii) provide
Lessor with written notice (and a copy as may be applicable) of any of the following promptly after Lessee’s receipt thereof: (A) Lessee’s obtaining knowledge or notice of the presence, or any actual or threatened release, of any
Regulated Substance Contamination materially adversely affecting the Premises; (B) Lessee’s receipt or submission, or Lessee’s obtaining knowledge or notice of any report, citation, notice of violation or other communication from or
to any federal, state or local governmental or quasi-governmental authority regarding any Regulated Substance Contamination materially adversely affecting the Premises; (C) Lessee’s obtaining knowledge or notice of the incurrence of any
cost or expense by any federal, state or local governmental or quasi-governmental authority or any private party in connection with the assessment, monitoring, containment, removal or remediation of any kind of any Regulated Substance Contamination
materially adversely affecting the Premises, or (D) Lessee’s obtaining knowledge or notice of the filing or recording of any lien on the Premises or any portion thereof in connection with any such Remedial Action or Regulated Substance
Contamination materially adversely affecting the Premises; and 
 (iv) indemnify, defend and save harmless the Indemnified
Parties and Mortgagee from and against any and all liabilities, losses, damages, costs, expenses (including, without limitation, reasonable attorneys’ fees and expenses), causes of action, suits, claims, demands or judgments suffered or
incurred by the Indemnified Parties and Mortgagee, in each case, which arise under the Union Pacific Leases or any Environmental Laws and relate to Regulated Substances Contamination affecting the Premises (collectively, “Environmental
Losses”); provided however, that Lessee shall have no liability or obligation hereunder with respect to any such Environmental Losses to the extent: (A) caused or permitted by or through Lessor, Mortgagee, or their agents, employees or
representatives; or (B) arising in connection with facts, event or conditions solely and completely occurring after the later to occur of (i) Lessee’s surrender of the Premises, or (ii) the date of expiration or earlier
termination of this Lease. The indemnity contained in this Section 5.06 shall survive the expiration or earlier termination of this Lease, unless at such time Lessee provides Lessor an Initial Site Assessment (as defined below) acceptable to
Lessor showing the Premises to be free of Regulated Substances Contamination. LESSEE UNDERSTANDS AND AGREES THAT THE FOREGOING INDEMNIFICATION OBLIGATIONS OF LESSEE ARE EXPRESSLY INTENDED TO AND SHALL INURE TO THE BENEFIT OF THE INDEMNIFIED PARTIES
EVEN IF SOME OR ALL OF THE MATTERS FOR WHICH SUCH INDEMNIFICATION IS PROVIDED ARE CAUSED OR ALLEGED TO HAVE BEEN CAUSED BY THE SOLE, SIMPLE, JOINT OR CONCURRENT NEGLIGENCE OR STRICT LIABILITY OF ANY OF THE INDEMNIFIED PARTIES, BUT NOT TO THE EXTENT
CAUSED BY ANY NEGLIGENT ACT OR OMISSION OF ANY INDEMNIFIED PARTY WHILE PHYSICALLY UPON THE PREMISES OR THE INDEMNIFIED PARTIES’ GROSS NEGLIGENCE OR WILLFUL MISCONDUCT. The obligations of Lessee under this Section 5.06 shall survive any
termination, expiration, rejection in bankruptcy, or assumption in bankruptcy of this Lease, except as otherwise provided herein. 
  

			
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 (c) In connection with any Regulated Substance Contamination, where otherwise required by
Environmental Laws or ordered by a governmental authority, or upon Lessor’s reasonable cause to believe Regulated Substance Contamination is present at the Premises and prior written notice from Lessor stating in reasonable detail such cause,
Lessee shall either (i) conduct Remedial Action or otherwise address the condition in accordance with Environmental Laws, or at Lessee’s option (ii) retain qualified environmental consultants solely acceptable to Lessor (“Site
Reviewers”) to visit the Premises and perform an initial environmental site assessment, which assessment shall not include any invasive testing or sampling unless expressly required under Environmental Laws (“Initial Site Assessment”)
on the Premises for the purpose of determining whether there exists on the Premises any Regulated Substance Contamination or any other condition which could reasonably be expected to materially adversely affect the value of the Premises. In the
event, based on the Initial Site Assessment, Remedial Action is required under Environmental Laws or additional investigation is required in connection with such Remedial Action, Lessee shall either (i) conduct Remedial Action or otherwise
address the condition in accordance with Environmental Laws, or at Lessee’s option (ii) conduct such additional investigations, which may include both above and below the ground environmental testing for violations of Environmental Laws
(“Phase II Site Assessment”). In the event, based on the Phase II Site Assessment, Remedial Action is required under Environmental Laws, Lessee shall conduct Remedial Action or otherwise address the condition in accordance with
Environmental Laws. Lessee shall supply to the Site Reviewers such historical and operational information regarding the Premises as may be reasonably requested by the Site Reviewers to facilitate the Initial Site Assessment and Phase II Site
Assessments, and shall make available for meetings with the Site Reviewers appropriate personnel having knowledge of such matters. The cost of performing and reporting an Initial Site Assessment and/or a Phase II Site Assessment shall be paid by
Lessee. 
 (d) Notwithstanding any other provision in this Lease, if a Remedial Action is required and the Term would otherwise
terminate or expire, and the Premises cannot be rented to another lessee on commercially reasonable terms during the Remedial Action, then, at the option of Lessor, the Term shall be automatically extended beyond the date of termination or
expiration and this Lease and shall remain in full force and effect beyond such date until the earlier to occur of (i) the completion of the Remedial Action in accordance with applicable Environmental Laws, or (ii) the date specified in a
written notice from Lessor to Lessee terminating this Lease; provided however, that for the purposes of this sentence only, “Remedial Action” and “completion of the Remedial Action” shall not include any monitoring of groundwater
(including any remedial plans involving only monitored natural attenuation) or long-term operation and maintenance of groundwater treatment equipment or other remedial or monitoring systems after the expiration or termination of the Term.

  

			
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 (e) If, after 30 days prior written notice from Lessor, Lessee fails to conduct any required
Initial Site Assessment or Phase II Site Assessment or to take such Remedial Action as specified in this Lease, Lessor shall have the right (but no obligation) to retain Site Reviewers to perform such Initial Site Assessment or Phase II Site
Assessment or to take such Remedial Action as Lessor shall reasonably deem necessary to comply with Environmental Laws. All reasonable expenses incurred by Lessor in connection therewith, including, without limitation, attorneys’ fees and
expenses (including, without limitation, those incurred in connection with any appellate proceedings), shall constitute additional rent under this Lease and shall be paid by Lessee to Lessor upon demand. 

(f) All future subleases or concession agreements permitted by this Lease relating to the Premises entered into by Lessee and any third
party shall, to the extent applicable, contain covenants of the other party not to knowingly at any time (i) cause any violation of Environmental Laws to occur or (ii) permit any person occupying the Premises through said subtenant or
concessionaire to knowingly cause any violation of Environmental Laws to occur. 
 (g) Notwithstanding any other provision of
this Lease, Lessor may, without out-of-pocket expense to Lessee, retain Site Reviewers to conduct a Phase I Site Assessment on the Premises for the benefit of any potential purchaser or Mortgagee which Phase I Site Assessment shall meet ASTM
Standard E 1527-05, or other appropriate standard consistent with then current industry practices. 
 (h) Notwithstanding any
other provision of this Lease to the contrary, Lessor acknowledges and is aware of the matters identified in the Phase I Environmental Site Assessment Report prepared by The Assessment Group, Inc., dated November 2008 (TAG Project Number
1108-411-1), and agrees that in no event shall the matters identified therein constitute the basis for additional investigations or corrective actions at the site, including, without limitation, any Phase II Site Assessments or Remedial Actions,
unless expressly required under Environmental Laws or ordered by a governmental authority. 
 ARTICLE VI 

Section 6.01 Condemnation and Casualty. 

(a) General Provisions. Except as provided in Section 6.01(b) and (c), Lessee hereby irrevocably assigns to Lessor any award,
compensation or insurance payment to which Lessee may become entitled by reason of Lessee’s interest in the Premises (i) if the use, occupancy or title of the Premises or any part thereof is taken, requisitioned or sold in, by or on
account of any actual or threatened eminent domain proceeding or other action by any person having the power of eminent domain (“Condemnation”) or (ii) if the Premises or any part thereof is damaged or destroyed by fire, flood or
other casualty (“Casualty”). All awards, compensations and insurance payments on account of any Condemnation or Casualty are herein collectively called “Compensation.” Lessee may not unilaterally negotiate, prosecute or adjust
any claim for any Compensation. Lessee must consult with and obtain Lessor’s consent thereto. If the parties are unable to so agree, then they shall appoint an entity or individual that specializes in such negotiations who shall negotiate,
prosecute and adjust a claim for Compensation. Lessor shall be entitled to participate in any such proceeding, action, negotiation, prosecution, appeal or adjustment as contemplated herein. Notwithstanding anything to the contrary contained in this
Article VI, if permissible under applicable law, any separate Compensation made to Lessee for its moving and relocation expenses, anticipated loss of business profits, loss of goodwill or fixtures and equipment paid for by Lessee and which are not
part of the Premises (including, without limitation, the Severable Property) shall be paid directly to and shall be retained by Lessee (and shall not be deemed to be “Compensation”). All Compensation shall be applied pursuant to this
Section 6.01, and all such Compensation (less the expense of collecting such Compensation) is herein called the “Net Proceeds.” Except as specifically set for herein, all Net Proceeds shall be paid to the Proceeds Trustee (as defined
herein) and applied pursuant to this Section 6.01. If the Premises or any part thereof shall be damaged or destroyed by Casualty, and if the estimated cost of rebuilding, replacing or repairing the same shall exceed $50,000, Lessee promptly
shall notify Lessor thereof. 
  

			
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 (b) Substantial Condemnation During the Term. If a Condemnation shall, in
Lessee’s good faith judgment, affect all or a substantial portion of the Premises and shall render the Premises unsuitable for restoration for continued use and occupancy in Lessee’s business for the same purpose and substantially with the
same utility as before the Condemnation, then Lessee may, not later than sixty (60) days after a determination has been made as to when possession of the Premises must be delivered with respect to such Condemnation, deliver to Lessor
(i) notice of its intention (“Notice of Intention”) to terminate this Lease on the next rental payment date which occurs not less than thirty (30) days after the delivery of such notice (the “Condemnation Termination
Date”), and (ii) a certificate of an authorized officer of Lessee describing the event giving rise to such termination and stating that Lessee has determined that such Condemnation has rendered the Premises unsuitable for restoration for
continued use and occupancy in Lessee’s business. This Lease shall terminate on the Condemnation Termination Date, except with respect to obligations and liabilities of Lessee hereunder, actual or contingent, which have accrued on or prior to
the Condemnation Termination Date, upon payment by Lessee of all Basic Rent, additional rent and other sums due and payable hereunder to and including the Condemnation Termination Date. The Net Proceeds shall belong to Lessor. 

(c) Substantial Casualty During the Last Two Years of the Term. If an insured Casualty shall, in Lessee’s good-faith
judgment, affect all or a substantial portion of the Premises during the last two (2) years of the Term and shall render the Premises unsuitable for restoration for continued use and occupancy in Lessee’s business, then Lessee may, not
later than one hundred and fifty (150) days after such Casualty, deliver to Lessor (i) notice of its intention to terminate this Lease on the next rental payment date which occurs not less than thirty (30) days after the delivery of
such notice (the “Casualty Termination Date”), (ii) a certificate of an authorized officer of Lessee describing the event giving rise to such termination and stating that Lessee has determined that such Casualty has rendered the
Premises unsuitable for restoration for continued use and occupancy in Lessee’s business, and (iii) documentation to the effect that termination of this Lease will not be in violation of any agreement then in effect with which Lessee is
obligated to comply pursuant to this Lease. Upon payment by Lessee of all Basic Rent, additional rent and other sums then due and payable hereunder to and including the Casualty Termination Date, this Lease shall terminate on the Casualty
Termination Date except with respect to obligations and liabilities of Lessee hereunder, actual or contingent, which have accrued on or prior to the Casualty Termination Date, and the Net Proceeds shall belong to Lessor. 

 

			
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 (d) Less Than Substantial Condemnation or Any Casualty Prior to the Last Two Years of the
Term. If, after a Condemnation or Casualty, Lessee does not give or does not have the right to give notice of its intention to terminate this Lease as provided in subsection 6.01(b) or (c), then this Lease shall continue in full force and effect
and Lessee shall, at its expense, rebuild, replace or repair the Premises in conformity with the requirements of subsections 2.01, 2.02 and 5.03 so as to restore the Premises (in the case of Condemnation, as nearly as practicable) to the condition,
and character thereof immediately prior to such Casualty or Condemnation; provided that Lessee and Lessor shall use reasonable efforts to consider modifications which would make the Improvements a more contemporary design. If the Net Proceeds with
respect to any Casualty or Condemnation are less than $500,000, such amount shall be paid to Lessee to be used to rebuild, replace or repair the Premises in a lien free and good and workmanlike manner. If the Net Proceeds from any Casualty or
Condemnation are $500,000 or greater, such amount shall be paid to the Proceeds Trustee and prior to any such rebuilding, replacement or repair, Lessee shall determine the maximum cost thereof (the “Restoration Cost”), which amount shall
be reasonably acceptable to Lessor. The Restoration Cost shall be paid first out of Lessee’s own funds to the extent that the Restoration Cost exceeds the Net Proceeds payable in connection with such occurrence, after which expenditure Lessee
shall be entitled to receive the Net Proceeds from the Proceeds Trustee, but only against (i) certificates of Lessee delivered to Lessor and the Proceeds Trustee from time to time but no more often than monthly as such work of rebuilding,
replacement and repair progresses, each such certificate describing the work for which Lessee is requesting payment and the cost incurred by Lessee in connection therewith and stating that Lessee has not theretofore received payment for such work
and (ii) such additional documentation or conditions as Lessor or the Proceeds Trustee may reasonably require, including, but not limited to, copies of all contracts and subcontracts relating to restoration, architects’ certifications,
title policy updates and lien waivers or releases. Any Net Proceeds remaining after final payment has been made for such work and after Lessee has been reimbursed for any portions it contributed to the Restoration Cost with respect to any Casualty
shall be paid to Lessee and with respect to any Condemnation shall be paid to Lessor. In the event of any temporary Condemnation, this Lease shall remain in full effect and Lessee shall be entitled to receive the Net Proceeds allocable to such
temporary Condemnation, except that any portion of the Net Proceeds allocable to the period after the expiration or termination of the Term shall be paid to Lessor. If the cost of any rebuilding, replacement or repair required to be made by Lessee
pursuant to this subsection 6.01(d) shall exceed the amount of such Net Proceeds, the deficiency shall be paid by Lessee. 
 (e)
Notwithstanding anything to the contrary in this Lease, all of the foregoing provisions of this Section 6.01 shall be subject and subordinate to any provisions to the contrary contained in any Subordination, Non-Disturbance and Attornment
Agreement, and (ii) Lessee’s obligation to rebuild, replace or repair the Premises due to a Casualty or Condemnation shall be excused to the extent any Net Proceeds are not paid to Lessee as provided above. Further, Lessor and Lessee agree
that the terms of this Lease shall govern the effect of any damage to or destruction of the Premises with regard to the termination of this Lease and hereby waive the provisions of any present or future statute to the extent inconsistent herewith.

  

			
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 Section 6.02 Insurance. 

(a) Lessee will maintain insurance on the Premises of the following character: 

(i) Insurance (on an occurrence basis) against all risks of direct physical loss (“Causes of Loss – Special Form”),
including loss by fire, lightning, flooding (if the Premises are in a flood zone), earthquakes (if the Premises are in an earthquake zone), and other risks which at the time are included under “extended coverage” endorsements, on ISO form
CP1030, or its equivalent, in amounts sufficient to prevent Lessor and Lessee from becoming a coinsurer of any loss but in any event in amounts not less than 100% of the actual replacement value of the Improvements, exclusive of foundations and
excavations, without any exclusions other than standard printed exclusions and without exclusion for terrorism and with deductibles of not more than $250,000 per occurrence, provided, however, that the deductible with respect to earthquake and/or
flood coverage is five percent (5%) of the total insurable value subject to a minimum of $1,000,000 and that the maximum amount of coverage for loss (i) due to earthquake is $10,000,000 and (ii) due to flood is $15,000,000;

 (ii) Commercial general liability insurance and/or umbrella liability insurance (on an occurrence basis), on ISO form CG 0001
0798, or its equivalent, against claims for bodily injury, death or property damage occurring on, in or about the Premises in the minimum amounts of $5,000,000 for bodily injury or death to any one person, $10,000,000 for any one accident and
$5,000,000 for property damage to others or in such greater amounts as are then customary for property similar in use to the Premises and in the geographic area of the Premises, with deletions of contractual liability exclusions with respect to
personal injury and with defense to be provided and not within the limits of liability and with deductibles of not more than $250,000 per occurrence; 

(iii) Rent loss insurance or business interruption insurance in an amount sufficient to cover loss of rents from the Premises pursuant to
this Lease for a period of at least twelve (12) months, with endorsements to cover interruption of utilities outside of the Premises; 

(iv) Worker’s compensation insurance to the extent required by the law of the state in which the Premises are located; 

(v) Boiler and machinery insurance in respect of any boilers and similar apparatus located on the Premises in the minimum amount of
$500,000 or in such greater amounts as to adequately insure the Premises; 
 (vi) During any period of construction on the
Premises, builder’s risk insurance on a completed value, non-reporting basis for the total cost of such alterations or improvements, and workers’ compensation insurance as required by applicable law. This coverage may be provided by
Lessee’s all risk property insurance pursuant to Section 6.02(a)(i) herein; and 
 (vii) Such other insurance in such
kinds and amounts, with such deductibles and against such risks, as Mortgagee reasonably may require and as is commonly obtained in the case of property similar in use to the Premises and located in the geographic area in which the Premises are
located by prudent owners of such property. 
  

			
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 Such insurance shall be written by companies authorized to do business in the state where
the Premises are located and carrying a claims paying ability rating of at least A:XII by A.M. Best or A by Standard and Poor’s, as applicable, and with the exception of workers’ compensation insurance, shall name Lessor as an additional
insured as its interest may appear. 
 (b) Every such policy provided pursuant to Section 6.02(a)(i), above shall
(i) bear a mortgagee endorsement in favor of Mortgagee under any Mortgage, and any loss under any such policy shall be payable to the Mortgagee which has a first lien on such interest (if there is more than one first Mortgagee, then to the
trustee for such Mortgagees) to be held and applied by Mortgagee toward restoration pursuant to Section 6.01, and (ii) contain an ordinance or law coverage endorsement. Every such policy with the exception of workers’ compensation
insurance, shall name the Mortgagee as an additional insured as its interest may appear. Every policy referred to in subsection 6.02(a) shall provide that it will not be cancelled or amended except after thirty (30) days written notice to
Lessor and the Mortgagee and that it shall not be invalidated by any act or negligence of Lessor, Lessee or any person or entity having an interest in the Premises, nor by occupancy or use of the Premises for purposes more hazardous than permitted
by such policy, nor by any foreclosure or other proceedings relating to the Premises, nor by change in title to or ownership of the Premises. The “Proceeds Trustee” shall be a financial institution selected by Lessor and reasonably
approved by Lessee and may be the Mortgagee. 
 (c) Lessee shall deliver to Lessor and Mortgagee original or duplicate
certificates of insurance, satisfactory to Lessor and Mortgagee evidencing the existence of all insurance which is required to be maintained by Lessee hereunder and payment of all premiums therefor, such delivery to be made (i) upon the
execution and delivery hereof and (ii) at least ten (10) days prior to the expiration of any such insurance. Lessee shall not obtain or carry separate insurance concurrent in form or contributing in the event of loss with that required by
this Section 6.02 unless Lessor is named an additional insured therein and unless there is a mortgagee endorsement in favor of Mortgagee with loss payable as provided herein. Lessee shall immediately notify Lessor whenever any such separate
insurance is obtained and shall deliver to Lessor and Mortgagee the certificates evidencing the same. Any insurance required hereunder may be provided under blanket policies, provided that the Premises are specified therein. 

(d) The requirements of this Section 6.02 shall not be construed to negate or modify Lessee’s obligations under
Section 5.04. 
 (e) Notwithstanding anything contained in this Lease to the contrary, each party hereto hereby waives any
and all rights of recovery, claim, action or cause of action, against the other party and its agents, officers, and employees, for any loss or damage that may occur to the Premises, including the Improvements, regardless of cause or origin,
including the negligence of the other party and its agents, officers, and employees, without prejudice to any waiver or indemnity provisions applicable to Lessee and any limitation of liability provisions applicable to Lessor hereunder, to the
extent of such party’s receipt of insurance proceeds on account of such loss or damage, of which provisions Lessee shall notify all insurers. Lessor and Lessee agree that any policies presently existing or obtained on or after the date hereof
(including renewals of present policies) shall include a clause or endorsement to the effect that any such release shall not adversely affect or impair said policies or prejudice the right of the insured to recover thereunder and that the insurer
expressly waives its rights of subrogation against Lessor or Lessee, as the case may be, with respect to any claims under any such policies. 
  

			
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 ARTICLE VII 

Section 7.01 Conditional Limitations; Default Provisions. 

(a) Any of the following occurrences or acts shall constitute an Event of Default under this Lease: 

(i) If Lessee shall (1) fail to pay any Basic Rent, additional rent or other sum when due (provided that Lessor shall not exercise
any of its rights or remedies hereunder for such failure to pay unless such monetary Event of Default continues to exist after Lessor has provided Lessee with five (5) days written notice of Lessee’s failure to timely pay such sums and
provided that Lessor is obligated to provide such written notice no more than two times for any consecutive twelve (12) month period before exercising its remedies) or (2) fail to observe or perform any other provision hereof and such
nonmonetary failure shall continue for thirty (30) days after written notice to Lessee of such failure (provided that, in the case of any such failure which cannot be cured by the payment of money and cannot with diligence be cured within such
thirty (30) day period, if Lessee shall commence promptly to cure the same and thereafter prosecute the curing thereof with diligence, the time within which such failure may be cured shall be extended for such period not to exceed one hundred
and eighty (180) days as is necessary to complete the curing thereof with diligence); 
 (ii) If any representation or
warranty of Lessee set forth in any certificate provided by Lessee pursuant to this Lease, shall prove to be incorrect in any material adverse respect as of the time when the same shall have been made in a way adverse to Lessor and Lessor shall
suffer a loss or detriment as a result thereof, including, without limitation, the taking of any action (including, without limitation, the demise of the Premises to Lessee herein) in reliance upon such representation or warranty and, in each case,
the facts shall not be conformed to the representation and warranty as soon as practicable in the circumstances (but in no event to exceed thirty (30) days) after written notice to Lessee from Lessor of such inaccuracy and Lessor restored to
the position it would have enjoyed had such representation or warranty been accurate at the time it was made; 
 (iii) If Lessee
shall file a petition in bankruptcy or for reorganization or for an arrangement pursuant to any federal or state law or shall be adjudicated a bankrupt or become insolvent or shall make an assignment for the benefit of creditors, or if a petition
proposing the adjudication of Lessee as a bankrupt or its reorganization pursuant to any federal or state bankruptcy law or any similar federal or state law shall be filed in any court and Lessee shall consent to or acquiesce in the filing thereof
or such petition shall not be discharged or denied within ninety (90) days after the filing thereof; 
  

			
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 (iv) If a receiver, trustee or conservator of Lessee or of all or substantially all of the
assets of Lessee or of the Premises or Lessee’s or estate therein shall be appointed in any proceeding brought by Lessee, or if any such receiver, trustee or conservator shall be appointed in any proceeding brought against Lessee and shall not
be discharged within ninety (90) days after such appointment, or if Lessee shall consent to or acquiesce in such appointment; 

(v) If the Premises shall have been abandoned for a period of thirty (30) consecutive days; 

(vi) If a Letter of Credit has been posted as the Security Deposit or other security hereunder, and the issuer of the Letter of Credit
cancels, terminates or refuses to honor it, and Lessee shall fail to renew the Letter of Credit within thirty (30) days or shall fail to post a cash equivalent amount of the Letter of Credit or a replacement letter of credit within fifteen
(15) days after notice of such cancellation, termination or refusal; and 
 (vii) If a monetary Event of Default occurs
under this Lease more than three (3) times within any consecutive twelve (12) month period, irrespective of whether or not such Event of Default is cured. 

(b) If an Event of Default shall have happened and be continuing, Lessor shall have the right to give Lessee notice of Lessor’s
termination of the Term (provided that Lessor shall not exercise said remedy unless such Event of Default continues to exist after Lessor has provided Lessee with ten (10) days written notice and provided that Lessor is obligated to provide
such written notice no more than one time during the Term before exercising said remedy). Upon the giving of such notice, the Term and the estate hereby granted shall expire and terminate on such date as fully and completely and with the same effect
as if such date were the date herein fixed for the expiration of the Term, and all rights of Lessee hereunder shall expire and terminate, but Lessee shall remain liable as hereinafter provided. 

(c) If an Event of Default shall have happened and be continuing, Lessor shall have the immediate right, whether or not the Term shall
have been terminated pursuant to subsection 7.01(b), to reenter and repossess the Premises and the right to remove all persons and property (subject to Section 3.02) therefrom by summary proceedings, ejectment or any other legal action or in
any lawful manner Lessor determines to be necessary or desirable (provided that Lessor shall not exercise said remedy unless such Event of Default continues to exist after Lessor has provided Lessee with ten (10) days written notice and
provided that Lessor is obligated to provide such written notice no more than one time during the Term before exercising said remedy). Lessor shall be under no liability by reason of any such reentry, repossession or removal. No such reentry,
repossession or removal shall be construed as an election by Lessor to terminate the Term unless a notice of such termination is given to Lessee pursuant to subsection 7.01(b) or unless such termination is decreed by a court. 

 

			
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 (d) At any time or from time to time after a reentry, repossession or removal pursuant to
subsection 7.01(c), whether or not the Term shall have been terminated pursuant to subsection 7.01(b), Lessor may relet the Premises for the account of Lessee, in the name of Lessee or Lessor or otherwise. Lessor may collect any rents payable by
reason of such reletting. Lessor shall not be liable for any failure to relet the Premises or for any failure to collect any rent due upon any such reletting. Notwithstanding the foregoing, Lessor agrees to make reasonable efforts to mitigate its
damages under this Lease in the event Lessee actually vacates or advises Lessor that it is, as of a specified date, to vacate the Premises. The phrase “reasonable efforts,” as it relates to Lessor’s duty to attempt to relet the
Premises, shall require Lessor to do only the following: (i) notify Lessor’s management company, if any, in writing of the availability of the Premises for reletting and authorize same to advertise as appropriate, (ii) post
Lessor’s leasing contact telephone number in an appropriate area of the Premises, and (iii) show the Premises to any prospective lessee interested in the Premises and to any prospective lessee specifically referred to Lessor by Lessee.
Under any requirement of Lessor to use “reasonable efforts” as described herein, (i) Lessor shall not be required to relet the Premises ahead of any other properties in the same market not producing any income to Lessor;
(ii) Lessor shall be entitled to consider lessee quality, lessee-mix, the financial condition of any prospective lessee, the nature of the Premises, the proposed use of the Premises by any prospective lessee, and any rights of existing
sublessees located in the Premises, in making any leasing decision without being deemed to have violated its mitigation requirement hereunder; and (iii) under any new lease entered into by Lessor, Lessor may relet all or any portion of the
Premises to create an appropriate block of space for a new lessee, may relet for a greater or lesser term than that remaining at that time under this Lease, and may include free rent, concessions, inducements, alterations and upgrades in the new
lease. If a reletting occurs, Lessor shall recoup all of its expenses of reletting (including, without limitation, all expenses relating to remodeling, alterations, repairs, capital improvements, brokerage fees, decorating fees, and fees for
architects, designers, space planners and attorneys, giving due regard to the nature of the Premises and its existing uses) before Lessee is entitled to a credit on the damages owed by Lessee hereunder. If Lessor shall do all the foregoing then,
anything in this Lease, or any statute, or common law rule to the contrary notwithstanding, Lessor shall be deemed to have met its duty (if any) to mitigate its damages hereunder. 

(e) No expiration or termination of the Term pursuant to subsection 7.01(b), by operation of law or otherwise, and no reentry,
repossession or removal pursuant to subsection 7.01(c) or otherwise, and no reletting of the Premises pursuant to subsection 7.01(d) or otherwise, shall relieve Lessee of its liabilities and obligations hereunder, all of which shall survive such
expiration, termination, reentry, repossession, removal or reletting. 
 (f) In the event of any expiration or termination of
the Term or reentry or repossession of the Premises or removal of persons or property therefrom by reason of the occurrence of an Event of Default, Lessee shall pay to Lessor all Basic Rent, additional rent and other sums required to be paid by
Lessee, in each case to and including the date of such expiration, termination, reentry, repossession or removal, and, thereafter, Lessee shall, until the end of what would have been the Term in the absence of such expiration, termination, reentry,
repossession or removal and whether or not the Premises shall have been relet, be liable to Lessor for, and shall pay to Lessor, as the same come due from time-to-time hereunder, as liquidated and agreed current damages: (i) all Basic Rent, all
additional rent and other sums which would be payable under this Lease by Lessee in the absence of any such expiration, termination, reentry, repossession or removal, together with all expenses of Lessor in connection with such reletting (including,
without limitation, all repossession costs, brokerage commissions, reasonable attorneys’ fees and expenses (including, without limitation, fees and expenses of appellate proceedings), employee’s expenses, alteration costs and expenses of
necessary preparation for such reletting), less (ii) the net proceeds, if any, of any reletting effected for the account of Lessee pursuant to subsection 7.01(d). Lessee shall pay such liquidated and agreed current damages on the dates on which
rent would be payable under this Lease in the absence of such expiration, termination, reentry, repossession or removal, and Lessor shall be entitled to recover the same from Lessee on each such date. 

 

			
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 (g) At any time after any such expiration or termination of the Term or reentry or
repossession of the Premises or removal of persons or property therefrom by reason of the occurrence of an Event of Default, whether or not Lessor shall have collected any liquidated and agreed current damages pursuant to subsection 7.01(f), Lessor
shall be entitled to recover from Lessee, and Lessee shall pay to Lessor on demand, as and for liquidated and agreed final damages for Lessee’s default and in lieu of all liquidated and agreed current damages beyond the date of such demand (it
being agreed that it would be impracticable or extremely difficult to fix the actual damages), an amount equal to the excess, if any, of (a) the aggregate of all Basic Rent, additional rent and other sums which would be payable under this
Lease, in each case from the date of such demand (or, if it be earlier, to date to which Lessee shall have satisfied in full its obligations under subsection 7.01(f) to pay liquidated and agreed current damages) for what would be the then unexpired
Term in the absence of such expiration, termination, reentry, repossession or removal, discounted at the rate equal to the then current yield on United States Treasury Notes having a maturity as of the stated date for expiration of the then existing
Term of this Lease plus 2% per annum (the “Reference Rate”), over (b) the then fair rental value of the Premises, discounted at the Reference Rate for the same period. If any law shall limit the amount of liquidated final damages
to less than the amount above agreed upon, Lessor shall be entitled to the maximum amount allowable under such law. 

Section 7.02 Bankruptcy or Insolvency. 

(a) If Lessee shall become a debtor in a case filed under Chapter 7 or Chapter 11 of the Bankruptcy Code and Lessee or Lessee’s
trustee shall fail to elect to assume this Lease within sixty (60) days after the filing of such petition or such additional time as provided by the court within such sixty (60) day period, this Lease shall be deemed to have been rejected.
Immediately thereupon, Lessor shall be entitled to possession of the Premises without further obligation to Lessee or Lessee’s trustee, and this Lease, upon the election of Lessor, shall terminate, but Lessor’s right to be compensated for
damages (including, without limitation, liquidated damages pursuant to any provision hereof) or the exercise of any other remedies in any such proceeding shall survive, whether or not this Lease shall be terminated. 

(b) Neither the whole nor any portion of Lessee’s interest in this Lease or its estate in the Premises shall pass to any trustee,
receiver, conservator, assignee for the benefit of creditors or any other person or entity, by operation of law or otherwise under the laws of any state having jurisdiction of the person or property of Lessee, unless Lessor shall have consented to
such transfer. No acceptance by Lessor of rent or any other payments from any such trustee, receiver, assignee, person or other entity shall be deemed to constitute such consent by Lessor nor shall it be deemed a waiver of Lessor’s right to
terminate this Lease for any transfer of Lessee’s interest under this Lease without such consent. 
  

			
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 (c) In the event of an assignment of Lessee’s interests pursuant to this
Section 7.02, the right of any assignee to extend the Term for an Extended Term beyond the Primary Term or the then Extended Term of this Lease shall be extinguished. 

Section 7.03 Additional Rights of Lessor. 

(a) Except as provided in Section 7.01(g), no right or remedy hereunder shall be exclusive of any other right or remedy, but shall be
cumulative and in addition to any other right or remedy hereunder or now or hereafter existing. Failure to insist upon the strict performance of any provision hereof or to exercise any option, right, power or remedy contained herein shall not
constitute a waiver or relinquishment thereof for the future. Receipt by Lessor of any Basic Rent, additional rent or other sums payable hereunder with knowledge of the breach of any provision hereof shall not constitute waiver of such breach, and
no waiver by Lessor of any provision hereof shall be deemed to have been made unless made in writing. Lessor shall be entitled to injunctive relief in case of the violation, or attempted or threatened violation, of any of the provisions hereof, or
to a decree compelling performance of any of the provisions hereof, or to any other remedy allowed to Lessor by law or equity. 

(b) Lessee hereby waives and surrenders for itself and all those claiming under it, including creditors of all kinds, (i) any right
and privilege which it or any of them may have to redeem the Premises or to have a continuance of this Lease after termination of Lessee’s right of occupancy by order or judgment of any court or by any legal process or writ, or under the terms
of this Lease, or after the termination of the Term as herein provided, (ii) the benefits of any law which exempts property from liability for debt and (iii) Lessee specifically waives any rights of redemption or reinstatement available by
law or any successor law. 
 (c) If an Event of Default on the part of Lessee shall have occurred hereunder and be continuing,
then, without thereby waiving such default, Lessor may, but shall be under no obligation to, take all action, including, without limitation, entry upon the Premises, to perform the obligation of Lessee hereunder immediately and without notice in the
case of any emergency as may be reasonably determined by Lessor and upon five (5) business days notice to Lessee in other cases. All reasonable expenses incurred by Lessor in connection therewith, including, without limitation, attorneys’
fees and expenses (including, without limitation, those incurred in connection with any appellate proceedings), shall constitute additional rent under this Lease and shall be paid by Lessee to Lessor upon demand. 

(d) If Lessee shall be in default in the performance of any of its obligations under this Lease beyond any applicable grace or cure
period hereunder, Lessee shall pay to Lessor, on demand, all expenses incurred by Lessor as a result thereof, including, without limitation, reasonable attorneys’ fees and expenses (including, without limitation, those incurred in connection
with any appellate proceedings) and any additional sums (including any late charge, default penalties, interest and fees of the counsel of Mortgagee) which are payable by Lessor to its Mortgagee by reason of Lessee’s late payment or non-payment
of Basic Rent. If Lessor shall be made a party to any litigation commenced against Lessee and Lessee shall fail to provide Lessor with counsel approved by Lessor and pay the expenses thereof, Lessee shall pay all costs and reasonable attorneys’
fees and expenses in connection with such litigation (including, without limitation, fees and expenses incurred in connection with any appellate proceedings). 
  

			
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 (e) If Lessee shall fail to pay when due any Basic Rent, additional rent or other sum
required to be paid by Lessee hereunder, Lessor shall be entitled to collect from Lessee as additional rent and Lessee shall pay to Lessor, in addition to such Basic Rent, additional rent or other sum, annual interest on the delinquency equal to the
Late Rate from the date due until paid. The Late Rate shall be the lesser of (i) fifteen percent (15%) per annum or (ii) the maximum rate permitted by applicable law. In addition to all other remedies Lessor has hereunder, if Lessee
shall fail to pay any Basic Rent, additional rent or other sum, as and when required to be paid by Lessee hereunder prior to the expiration for the period of payment pursuant to subsection 7.01(a)(i)(1), Lessor shall be entitled to collect from
Lessee, and Lessee shall pay to Lessor, as additional rent, a late payment charge in an amount equal to 1% of the amount shown in the notice as unpaid. 

ARTICLE VIII 

Section 8.01 Notices and Other Instruments. All notices, offers, consents and other instruments given pursuant to this Lease
shall be in writing and shall be validly given when hand delivered or sent by a courier or express service guaranteeing overnight delivery or by telecopy, with original being promptly sent as otherwise provided above, addressed as follows:

  

					
	If to Lessor:	  	NL Ventures VII Douglas, L.L.C.
		  	c/o AIC Ventures
		  	8080 North Central Expressway, Suite 1220
		  	Dallas, TX 75206
		  	Attention: Peter S. Carlsen
		  	Telephone: (214) 363-5620
		  	Facsimile: (214) 363-4968
		
	With a copy to:	  	AIC Ventures
		  	301 Congress Avenue, Suite 320
		  	Austin, Texas 78701
		  	Attention: Heath D. Esterak, Acquisitions Counsel
		  	Telephone: (512) 476-5009
		  	Facsimile: (512) 476-7779

  

			
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	If to Lessee:	  	Gordmans, Inc.
		  	9202 F Street
		  	Omaha, Nebraska 68127
		  	Attention: Real Estate Department
		  	Telephone (402) 339-6464
		  	Facsimile (402) 339-3868
		
	With copy to:	  	Klehr, Harrison, Harvey, Branzburg & Ellers
		  	260 S. Broad Street
		  	Philadelphia, PA 19102
		  	Attn: Bradley A. Krouse
		  	Telephone (215) 569-1598
		  	Facsimile (215) 568-603

 Lessor and Lessee
each may from time to time specify, by giving fifteen (15) days notice to each other party, (i) any other address in the United States as its address for purposes of this Lease and (ii) any other person or entity in the United States
that is to receive copies of notices, offers, consents and other instruments hereunder. Notice under the terms of this Lease shall be deemed delivered, whether or not actually received, upon the earlier of (i) the date of actual receipt by such
party, or (ii) the day after said notice is either deposited with such overnight delivery service, transmitted by telecopier, or personally delivered, as applicable, pursuant to the above provisions. 

Section 8.02 Estoppel Certificates; Financial Information; Confidentiality. 

(a) Lessee will, upon ten (10) business days written notice at the request of Lessor, execute, acknowledge and deliver to Lessor a
certificate of Lessee, stating that this Lease is unmodified and in full force and effect (or, if there have been modifications, that this Lease is in full force and effect as modified, and setting forth such modifications) and stating the dates to
which Basic Rent, additional rent and other sums payable hereunder have been paid and either stating that to the knowledge of Lessee no default exists hereunder or specifying each such default of which Lessee has knowledge and whether or not Lessee
is still occupying and operating the Premises and such other information as Lessor shall reasonably request. Any such certificate may be relied upon by any actual or prospective mortgagee or purchaser of the Premises. Lessor will, upon ten
(10) business days written notice at the request of Lessee, execute, acknowledge and deliver to Lessee a certificate of Lessor, stating that this Lease is unmodified and in full force and effect (or, if there have been modifications, that this
Lease is in full force and effect as modified, and setting forth such modifications) and the dates to which Basic Rent, additional rent and other sums payable hereunder have been paid, and either stating that to the knowledge of Lessor no default
exists hereunder or specifying each such default of which Lessor has knowledge. Any such certificate may be relied upon by Lessee or any actual or prospective assignee, sublessee or leasehold mortgagee of the Premises. 

 

			
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 (b) Lessee shall deliver to Lessor within one hundred twenty (120) days of the close of
each fiscal year, annual audited financial statements of Lessee (which, at a minimum, shall include a balance sheet of Lessee and its consolidated subsidiaries, if any, as of the end of such year, a statement of profits and losses of Lessee and its
consolidated subsidiaries, if any, for such year and a statement of cash flows of Lessee and its consolidated subsidiaries, if any, for such year, setting forth in each case, in comparative form, the corresponding figures for the preceding fiscal
year in reasonable detail and scope) prepared by a firm of independent certified public accountants. Lessee shall also furnish to Lessor within forty five (45) days after the end of each quarter unaudited internal financial statements and all
other quarterly reports of Lessee (which, at a minimum, shall include a balance sheet of Lessee and its consolidated subsidiaries, if any, as of the end of such quarter and statements of profits and losses of Lessee and its consolidated
subsidiaries, if any, for such quarter, setting forth in each case, in comparative form, the corresponding figures for the similar quarter of the preceding year in reasonable detail and scope) certified by Lessee’s chief financial officer. To
the extent that Lessee obtains additional audited financial statements, Lessee shall also provide such audited financial statements to Lessor upon Lessor’s written request. All annual financial statements shall be accompanied (i) by an
opinion of said accountants stating (A) all qualifications and exceptions as to the scope of the audit and (B) that the audit was performed in accordance with GAAP, and (ii) by the affidavit of the president or a vice president of
Lessee, dated within five (5) days of the delivery of such statement, stating that (1) the affiant knows of no Event of Default, or event which, upon notice or the passage of time or both, would become an Event of Default which has
occurred and is continuing hereunder, or, if any such event has occurred and is continuing, specifying the nature and period of existence thereof and what action Lessee has taken or proposes to take with respect thereto and (2) except as
otherwise specified in such affidavit, to the best of such affiant’s knowledge Lessee has fulfilled all of its obligations under this Lease which are required to be fulfilled on or prior to the date of such affidavit. 

(c) If an Event of Default occurs and is continuing, Lessor and its agents and designees may enter upon and examine the Premises and
examine the records and books of account and discuss the finances and business with the officers of the Lessee at reasonable times during normal business hours and on reasonable advance written notice. Lessee shall provide the requesting party with
copies of any information to which such party would be entitled in the course of a personal visit. Except in the event of emergency, Lessee may designate an employee to accompany Lessor, its agents and designees on such examinations. Lessee will
provide, upon Lessor’s request, all information regarding the Premises, including, but not limited to, a current rent roll, an operating statement reflecting all income from subleases and all operating expenses for the Premises. Lessor and its
agents and designees may enter upon and examine the Premises upon forty-eight (48) hours advance written notice to Lessee, except in the event of emergency in which case no prior notice shall be required, and show the Premises to prospective
mortgagees and/or purchasers at reasonable times during normal business hours and on reasonable advance written notice. 
  

			
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 (d) Lessor shall keep confidential all financial statements delivered pursuant to this
Lease, together with the contents of such financial statements and the results of any analysis in connection therewith made by Lessor or any of its agents, independent contractors, servants and/or employees, and any other information specific to
Lessee’s business (collectively, the “Confidential Information”); provided, however, that Confidential Information does not include information which (i) is already known to Lessor prior to receipt as evidenced by prior
documentation thereof or has been independently developed by Lessor on a non-confidential basis; (ii) is or becomes generally available to the public other than as a result of an improper disclosure by Lessor or its representatives;
(iii) becomes available to Lessor on a non-confidential basis from a source other than Lessee or any of its representatives, provided that such source is not, to Lessor’s knowledge, bound by a confidentiality agreement with or other
contractual, legal or fiduciary obligation of confidentiality to Lessee with respect to such information; or (iv) is disclosed pursuant to a requirement of a court, administrative agency or other regulatory or governmental body or is disclosed
pursuant to applicable law, rule or regulation. Lessor shall not disclose, nor permit any of its agents, independent contractors, servants and/or employees, to disclose, the Confidential Information or any portion thereof to any third parties, other
than to those representatives of Lessor’s prospective mortgage brokers, real estate brokers, lenders and/or prospective purchasers of the Premises who are responsible for determining whether Lessee’s financial condition is sufficient for
Lessee to fulfill its obligations under the Lease and who have agreed to preserve the confidentiality of such information as required by the terms of this Lease (collectively, “Permitted Outside Parties”). Neither Lessor nor any Permitted
Outside Parties shall divulge the contents of any Confidential Information except in strict accordance with the terms of this Lease. 

ARTICLE IX 

Section 9.01 No Merger. There shall be no merger of this Lease or of the leasehold estate hereby created with the fee estate
in the Premises by reason of the fact that the same person acquires or holds, directly or indirectly, this Lease or the leasehold estate hereby created or any interest herein or in such leasehold estate, as well as the fee estate in the Premises or
any interest in such fee estate. 
 Section 9.02 Surrender. Upon the expiration or termination of this Lease, Lessee
shall surrender the Premises to Lessor in good repair and condition except for any damage resulting from Condemnation or Casualty or normal wear and tear not required to be repaired by Lessee. The provisions of this Section shall survive the
expiration or other termination of this Lease. 
 Section 9.03 Time. Time is of the essence with respect to this
Lease, and the respective time periods set forth herein. 
 Section 9.04 Separability; Binding Effect; Governing
Law. Each provision hereof shall be separate and independent, and the breach of any provision by Lessor shall not discharge or relieve Lessee from any of its obligations hereunder. Each provision hereof shall be valid and shall be enforceable to
the extent not prohibited by law. If any provision hereof or the application thereof to any person or circumstance shall to any extent be invalid or unenforceable, the remaining provisions hereof, or the application of such provision to persons or
circumstances other than those as to which it is invalid or unenforceable, shall not be affected thereby. All provisions contained in this Lease shall be binding upon, inure to the benefit of and be enforceable by the successors and assigns of
Lessor to the same extent as if each such successor and assign were named as a party hereto. All provisions contained in this Lease shall be binding upon the successors and assigns of Lessee and shall inure to the benefit of and be enforceable by
the permitted successors and assigns of Lessee in each case to the same extent as if each successor and assign were named as a party hereto. This Lease shall be governed by and interpreted in accordance with the laws of the state in which the
Premises are located. 
  

			
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 Section 9.05 Table of Contents and Headings; Internal References. The table of
contents and the headings of the various paragraphs and exhibits of this Lease have been inserted for reference only and shall not to any extent have the effect of modifying the express terms and provisions of this Lease. Unless stated to the
contrary, any references to any Section, subsection, Exhibit and the like contained herein are to the respective Section, subsection, Exhibit and the like of this Lease. 

Section 9.06 Counterparts. This Lease may be executed in two or more counterparts and shall be deemed to have become
effective when and only when one or more of such counterparts shall have been executed by or on behalf of each of the parties hereto (although it shall not be necessary that any single counterpart be executed by or on behalf of each of the parties
hereto, and all such counterparts shall be deemed to constitute but one and the same instrument) and shall have been delivered by each of the parties to the other. 

Section 9.07 Lessor’s and Lessee’s Liability. Notwithstanding anything to the contrary provided in this Lease, it
is specifically understood and agreed, such agreement being a primary consideration for the execution of this Lease by Lessor and Lessee, that there shall be absolutely no personal liability on the part of any limited partner, director, member,
officer or shareholder of Lessor or Lessee, their respective successors or assigns with respect to any of the terms, covenants and conditions of this Lease, and any liability on the part of Lessor shall be limited solely to Lessor’s interest in
the Premises, such exculpation of liability to be absolute and without any exception whatsoever. 
 Section 9.08
Amendments and Modifications. Except as expressly provided herein, this Lease may not be modified or terminated except by a writing signed by Lessor and Lessee. 

Section 9.09 Additional Rent. All amounts other than Basic Rent which Lessee is required to pay or discharge pursuant to this
Lease, including the charge provided for by Section 7.03(e) hereof, shall constitute additional rent which shall include, but not be limited to all reasonable costs and expenses of Lessee and Lessor which are incurred in connection or
associated with (A) the use, occupancy, possession, operation, condition, design, construction, maintenance, alteration, repair or restoration of any of the Premises, (B) the performance of any of Lessee’s obligations under this
Lease, (C) the prosecution, defense or settlement of any litigation involving or arising from any of the Premises or this Lease, (D) the enforcement by Lessor, its successors and assigns, of any of its rights under this Lease, (E) any
amendment to or modification of this Lease made at the request of Lessee, (F) costs of Lessor’s counsel incurred in connection with any act undertaken by Lessor (or its counsel) at the request of Lessee, or incurred in connection with any
act of Lessor performed on behalf of Lessee pursuant to this Lease. 
 Section 9.10 Consent of Lessor. Except as
specifically set forth in this Lease, all consents and approvals to be granted by Lessor shall not be unreasonably withheld, delayed, or conditioned and Lessee’s sole remedy against Lessor for the failure to grant any consent shall be to seek
injunctive relief. In no circumstance will Lessee be entitled to damages with respect to the failure to grant any consent or approval. 
  

			
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 Section 9.11 Quiet Enjoyment. Lessor agrees that, subject to the rights of
Lessor under this Lease, Lessee shall hold and enjoy the Premises during the term of this Lease, free from any hindrance or interference from Lessor or any party claiming by, through or under Lessor. 

Section 9.12 Holding Over. If Lessee remains in possession of the Premises, or any part thereof, after the expiration or
other termination of the Term, without Lessor’s express written consent, Lessee shall be guilty of an unlawful detention of the Premises and shall be liable to Lessor for damages for use of the Premises during the period of such unlawful
detention at a rate equal to 1.5 times the Basic Rent and all other amounts which would be payable during the Term hereof (collectively, “Holdover Rent”), plus any consequential damages suffered by Lessor to the extent accruing on and
after the thirtieth (30th) day following Lessor’s notice to Lessee of such potential consequential damages. In the event of such unlawful detention, Lessee shall indemnify and hold Lessor harmless from and against any and all claims,
suits, proceedings, losses, damages, liabilities, costs and expenses, including, without limitation, attorneys’ fees and disbursements, asserted against or incurred by Lessor, as a result of such unlawful detention, but excluding consequential
damages except as specifically provided in this section. Notwithstanding the foregoing, Lessor shall be entitled to such other remedies and damages provided under this Lease or at law or in equity, excluding consequential damages as aforesaid.

 Section 9.13 Compliance with Terrorism Laws. Lessee represents and warrants that neither Lessee nor any person
controlling Lessee (i) is included on any Government List (as hereinafter defined); (ii) has been determined by competent authority to be subject to the prohibitions contained in Presidential Executive Order No. 133224 (September 23,
2001) or in any enabling or implementing legislation or other Presidential Executive Orders in respect thereof; (iii) has been previously indicted for or convicted of any felony involving a crime or crimes of moral turpitude or for any offense
under the criminal laws against terrorists, the criminal laws against money laundering, the Bank Secrecy Act, as amended, the Money Laundering Control Act of 1986, as amended, or the Uniting and Strengthening America by Providing Appropriate Tools
Required to Intercept and Obstruct Terrorists (USA PATRIOT ACT) Act of 2001, Public Law 107-56 (October 26, 2001), as amended; (iv) is currently under investigation by any governmental authority for alleged criminal activity; or (v) has a
reputation in the community for criminal or unethical behavior. For purposes of this Lease, the term “Government List” means (1) the Specialty Designated Nationals and Blocked Persons Lists maintained by the Office of Foreign Assets
Control, United States Department of the Treasury (“OFAC”), (2) the Denied Persons List and the Entity List maintained by the United States Department of Commerce, (3) the List of Terrorists and List of Disbarred Parties
maintained by the United States Department of State, (4) any other list of terrorists, terrorist organizations or narcotics traffickers maintained pursuant to any of the lists, laws, rules and regulations maintained by OFAC pursuant to any
authorizing statute, Executive Order or regulation, (5) any other similar list maintained by the United States Department of State, the United States Department of Commerce or any other governmental authority or pursuant to any Executive Order
of the President of the United States of America and (6) any list or qualification of “Designated Nationals” as defined in the Cuban Assets Control Regulations, 31 C.F.R. Part 515, as all such Government Lists may be updated from time
to time. 
  

			
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 Section 9.14 Subordination, Non-Disturbance and Attornment. Notwithstanding
anything to the contrary in this Lease, this Lease and Lessee’s interest hereunder shall be subject, subordinate and inferior to any mortgage or other security instrument granted or entered into by Lessor in connection with the loan by which
Lessor acquired the Premises from Lessee, and any mortgage or other security instrument hereafter placed upon the Premises by Lessor, and to any and all advances made or to be made thereunder, to the interest thereon, and all renewals, replacements
and extensions thereof, provided that any such mortgage or other security instrument (or a separate non-disturbance agreement entered into between Lessee and the Mortgagee in whose favor such mortgage was granted) shall provide for the recognition
of this Lease and all Lessee’s rights hereunder, including the non-disturbance of Lessee’s possessory rights hereunder, unless and until an Event of Default occurs and is continuing in which event Mortgagee shall have all rights and
remedies provided under this Lease, and shall otherwise be on such terms and conditions as shall be mutually agreeable to Lessee and Mortgagee. If Lessor desires to obtain or refinance any loan, Lessee shall execute any and all documents that such
Mortgagee reasonably requires in connection with such financing, so long as the same do not materially adversely affect any right, benefit or privilege of Lessee under this Lease or materially increase Lessee’s non-monetary obligations or
increase Lessee’s monetary obligations under this Lease. 
 Section 9.15 Disclaimer of Purchase Rights. Nothing
in this Lease is intended or shall operate to grant to Lessee any right of first refusal, right of first offer, purchase option, or similar right to elect to purchase or acquire the Premises or any portion thereof, and Lessee hereby expressly waives
any and all such rights. 
 Section 9.16 Security Deposit. Lessee will deposit or cause to be deposited with Lessor
or Mortgagee, as Lessor shall designate, on or before the date hereof, One Hundred Fifty-Nine Thousand Seven Hundred and no/100 Dollars ($159,700.00) as a “Security Deposit” for its full and faithful performance of the terms of this Lease,
it being expressly understood that such Security Deposit shall not be considered an advance payment of any Basic Rent, additional rent or other sums payable under this Lease or a measure of Lessor’s damages in case of an Event of Default.
Payment of said Security Deposit shall be satisfied by Lessee’s deposit of cash or a Letter of Credit in said amount. Lessee shall have the right to freely substitute cash for a Letter of Credit or vice versa, and if paid in cash, any interest
earned shall remain as an additional Security Deposit or be released to Lessor at Lessee’s discretion. If Lessor transfers its interest in the Premises during the Term to a transferee who assumes Lessor’s obligations hereunder and to whom
the Security Deposit is transferred, Lessor may assign the Security Deposit to the transferee and, thereafter, Lessor shall have no further liability for the return of such Security Deposit to Lessee. For the purposes herein, “Letter of
Credit” shall mean an irrevocable standby letter of credit issued to Lessor by a financially sound national banking association or state chartered bank having assets in excess of $50,000,000,000 and otherwise reasonably acceptable to Lessor,
the proceeds of which shall be available to Lessor without the need for Lessor to satisfy any requirements or conditions whatsoever other than delivery of (a) the original Letter of Credit along with Lessor’s sight draft to the issuing
institution with reference to the appropriate letter of credit number for the Letter of Credit, as set forth therein and (b) (i) a certificate signed by Lessor certifying that an Event of Default has occurred and is continuing under the
Lease, or (ii) a certificate signed by Lessor certifying that Lessee has failed to renew the Letter of Credit at least thirty (30) days prior to its stated expiration date. The Letter of Credit shall be valid for an initial period of one
(1) year from and after the date of its issuance and, by its express terms, shall provide (i) that its term shall automatically be extended for successive one (1) year periods unless at least thirty (30) days prior to the
expiration of the initial one year term or any one year extension (as applicable) the issuer provides Lessor with written notification that it will not be extended, and (ii) that Lessor may assign (whether by way of outright or collateral
assignment) all or any portion of its interest in the Letter of Credit to Mortgagee or any other person (including, without limitation, any third party purchaser). 

 

			
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 Section 9.17 Intentionally Deleted. 

Section 9.18 Short Form Memorandum of Lease. Upon Lessor’s or Lessee’s request, the parties shall record a
“short form” Memorandum of Lease identifying the Term granted to Lessee by this Lease, and any other terms to which the parties may agree. Any recording costs associated with the memorandum or short form of this Lease shall be borne by the
requesting party. Upon the expiration or earlier termination of this Lease, Lessee shall promptly execute and deliver to Lessor an instrument, in recordable form, wherein Lessee acknowledges the expiration or earlier termination of this Lease. Upon
transfer or conveyance of the Premises by Lessor, Lessee agrees to execute an amendment to the memorandum indicating the change of Lessor. 

Section 9.19 Intentionally Deleted. 

Section 9.20 Brokers. Lessor and Lessee mutually represent and warrant to each other that it dealt with no real estate brokers
in the transactions contemplated by this Lease, and that no brokerage fees, commissions, or other remuneration of any kind are due in connection herewith. Lessor shall forever indemnify and hold harmless Lessee against and in respect of any and all
claims, losses, liabilities and expenses, including, without limitation, reasonable attorney’s fees and court costs, which Lessee may incur on account of any claim by any broker or agent or other person on the basis of any arrangements or
agreements made or alleged to have been made by or on behalf of Lessor in respect to the transactions herein contemplated. Lessee shall forever indemnify and hold harmless Lessor against and in respect of any and all claims, losses, liabilities and
expenses, including, without limitation, reasonable attorney’s fees and court costs, which Lessor may incur on account of any claim by any broker or agent or other person on the basis of any arrangements or agreements made or alleged to have
been made by or on behalf of Lessee in respect to the transactions herein contemplated. The provisions of this Section shall survive expiration or termination of this Lease. 

Section 9.21 Waiver of Jury Trial. Lessor and Lessee each hereby expressly, irrevocably, fully and forever release, waive and
relinquish any and all right to trial by jury. 
  

			
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 Section 9.22 No Partnership. Nothing herein contained shall be deemed or
construed either by the parties hereto, or by a third party, to create a relationship between the parties of principal and agent, partnership, or joint venture. None of computation of rent, or any other provision contained herein, or any acts of the
parties hereto, shall be deemed to create any relationship between the parties hereto other than the relationship of landlord and tenant. 

Section 9.23 No Construction Against Drafter. Each of the parties hereto acknowledges that it is sophisticated and
experienced in transactions of the nature contemplated hereby and that it has been represented by counsel of its choosing in connection herewith; accordingly, each party hereto waives to the fullest extent permitted by law the application of any law
or rule of construction requiring that this Lease be construed or interpreted against the drafting party or in favor of the non-drafting party. 

Section 9.24 Security Interest and Security Agreement. This Lease shall also create a security interest in, and Lessee hereby
grants to Lessor a security interest in, all sums on deposit with Lessor (or Lessor’s Mortgagee, as applicable) pursuant to the provisions of this Lease, including, but not limited to, the Tax Escrow Payments and the Security Deposit (said
funds and accounts are hereinafter referred to collectively as the “Collateral”). This Lease constitutes a security agreement between Lessee and Lessor with respect to the Collateral in which Lessor is granted a security interest
hereunder, and, cumulative of all other rights and remedies of Lessor hereunder, Lessor shall have all of the rights and remedies of a secured party under the Uniform Commercial Code. “Uniform Commercial Code” means the Uniform Commercial
Code as now or hereafter in effect in the state where the Premises is located; provided that, in the event that, by reason of mandatory provisions of law, any or all of the attachment, perfection or priority of, or remedies with respect to, the
Lessor’s security interest in any Collateral is governed by the Uniform Commercial Code as enacted and in effect in a jurisdiction other than such state, the term “Uniform Commercial Code” shall mean the Uniform Commercial Code as
enacted and in effect in such other jurisdiction solely for purposes of the provisions thereof relating to such attachment, perfection, priority or remedies and for purposes of definitions related to such provisions. Lessee hereby agrees to execute
and deliver on demand and hereby irrevocably constitutes and appoints Lessor the attorney-in-fact of Lessee to execute and deliver and, if appropriate, to file with the appropriate filing officer or office such security agreements, financing
statements, continuation statements or other instruments as Lessor may request or require in order to impose, perfect or continue the perfection of the lien or security interest created hereby. Lessee hereby authorizes Lessor at any time and from
time to time to file any initial financing statements, amendments thereto and continuation statements with or without the signature of Lessee as authorized by applicable law, as applicable to all or part of the Collateral. For purposes of such
filings, Lessee agrees to furnish any information requested by the Lessor promptly upon request therefor by Lessor. Lessee also ratifies its authorization for the Lessor to have filed any like initial financing statements, amendments thereto or
continuation statements, if filed prior to the date of this Lease. Lessee agrees to furnish Lessor with notice of any change in the name, identity, organizational structure, residence, state of incorporation, state of organization or state of
formation or principal place of business or mailing address of Lessee within ten (10) days of the effective date of any such change. Upon the occurrence of any Event of Default, Lessor shall have the rights and remedies as prescribed in this
Lease, or as prescribed by general law, or as prescribed by any applicable Uniform Commercial Code, all at Lessor’s election. Notwithstanding the foregoing, Lessor may only use the Tax Escrow Payments as set forth in Section 5.02(c).

  

			
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 Section 9.25 Characterization of Lease. The following expressions of intent,
representations, warranties, covenants, agreements, stipulations and waivers are a material inducement to Lessor and Lessee entering into this lease: 

(a) Lease Characterization. Lessor and Lessee intend that (a) this Lease is a “true lease” for federal and state
income tax purposes, is not a financing lease, capital lease, mortgage, equitable mortgage, deed of trust, trust agreement, security agreement or other financing or trust arrangement, and the economic realities of this Lease are those of a true
lease; and (b) the business relationship created by this Lease and any related documents is solely that of a long-term commercial lease between Lessor and Lessee, the Lease has been entered into by both parties in reliance upon the economic and
legal bargains contained herein, and none of the agreements contained herein is intended, nor shall the same be deemed or construed, to create a partnership (de facto or de jure) between Lessor and Lessee, to make them joint venturers, to make
Lessee an agent, legal representative, partner, subsidiary or employee of Lessor, nor to make Lessor in any way responsible for the debts, obligations or losses of Lessee. 

(b) Waiver. Lessee and Lessor each waive any claim or defense based upon the characterization of this Lease as anything other than
as a “true lease”. Lessee and Lessor each stipulate and agree (i) except as may be required by local, state or federal laws or a governmental authority (it being understood that Lessee and Lessor each agree that under current U.S.
federal income tax law, this Lease is a “true lease”), not to assert or take, or omit to take, any action if such omission would be inconsistent with the agreements and understandings set forth in this section, and (ii) that, in the
event that its separate existence from another person is disregarded for U.S. federal income tax purposes, it shall not permit such person to assert or take any action, or omit to take any action if such omission would be, inconsistent with the
agreements and understandings set forth in this section (determined as though such person had been a party hereto). 
  

			
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 Section 9.26 Fair Market Rental. Whenever a determination of Fair Market Rental
is required pursuant to Section 1.04 of this Lease, such Fair Market Rental shall be determined in accordance with the following procedures: Lessor and Lessee shall endeavor to agree upon such Fair Market Rental within thirty (30) days
after Lessee notifies Lessor of its intent to extend the Term (the “Initial Date”). Upon reaching any such agreement, the parties shall execute a written agreement setting forth the amount of such Fair Market Rental. If the parties shall
not have signed such agreement within thirty (30) days after the Initial Date, Lessor and Lessee shall each appoint a licensed real estate appraiser who shall be familiar with the rental market for comparable buildings in the applicable market
area. Each appraiser so appointed shall determine Fair Market Rental. If the higher of such appraisals is equal to 110% or less of the lower, Fair Market Rental shall be the simple average of the two appraisals. If the deviation between such
appraisals is greater, the appraisers so appointed shall jointly appoint a third independent appraiser (having professional qualifications similar to those of the initial appraisers), who shall determine Fair Market Rental by reviewing the
conclusions of the initial appraisals and determining which he or she believes to be the more reasonable. Lessee may elect to reject the conclusion of such third appraiser and shall have the option to withdraw its exercise of the option to extend
the Term within ten (10) business days after being notified of such determination. If Lessee makes such election to withdraw its exercise of the option to extend, the Lease shall terminate after the expiration of the then existing term of the
Lease. Lessor and Lessee shall each pay the fee of the appraiser it appoints and the fee of the third appraiser shall be shared equally by the parties. All appraisers selected or appointed pursuant to this Section 9.26 shall (A) be
independent qualified MAI appraisers, (B) have no right, power or authority to alter or modify the provisions of this Lease, and (C) be registered in the state where the Land is located if said state provides for or requires such
registration. 
 [Signatures of Lessor and Lessee Follow on Next Pages] 

 

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

			
	LESSOR:
	
	 NL VENTURES VII DOUGLAS, L.L.C.,

a Delaware limited liability company

		
	By:	 	 /s/ Peter S. Carlsen

	Name:	 	Peter S. Carlsen
	Title:	 	President

  

			
	Witness:	 	  

		
	Name:	 	  

		
	Witness:	 	  

		
	Name:	 	  

Douglas Lease Agreement 

Signature Page 

			
	LESSEE:
	
	 GORDMANS, INC.,
 a
Delaware corporation

		
	By:	 	  

	Name:	 	  

	Title:	 	  

 

			
	Witness:	 	  

		
	Name:	 	  

		
	Witness:	 	  

		
	Name:	 	  

Douglas Lease Agreement 

Signature Page

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