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Careview Communications 2009 Stock Incentive Plan

 EXHIBIT 10.42 

CAREVIEW COMMUNICATIONS, INC. 

2009 STOCK INCENTIVE PLAN 

1. PURPOSE. The purpose of the CareView Communications, Inc. 2009 Stock Incentive Plan (the “Plan”) is to provide (i) key
employees of CareView Communications, Inc. (the “Company”) and its subsidiaries, (ii) certain consultants and advisors who perform services for the Company or its subsidiaries, and (iii) members of the Board of Directors of the
Company (the “Board”), with the opportunity to acquire shares of the Common Stock of the Company (“Common Stock”) or receive monetary payments based on the value of such shares. The Company believes that the Plan will enhance the
incentive for Participants (as defined in Section 3) to contribute to the growth of the Company, thereby benefiting the Company and the Company’s shareholders, and will align the economic interests of the Participants with those of the
shareholders. 
 2. ADMINISTRATION. 

(a) COMMITTEE. The Plan shall be administered and interpreted by a compensation committee (the “Committee”). 

(b) AUTHORITY OF COMMITTEE. The Committee has the sole authority, subject to the provisions of the Plan, to (i) select the employees
and other individuals to receive Awards (as defined in Section 4) under the Plan, (ii) determine the type, size and terms of the Awards to be made to each individual selected, (iii) determine the time when the Awards will be granted
and the duration of any applicable exercise and vesting period, including the criteria for exercisability and vesting and the acceleration of exercisability and vesting with respect to each individual selected, and (iv) deal with any other
matter arising under the Plan. The Committee is authorized to interpret the Plan and the Awards granted under the Plan, to establish, amend and rescind any rules and regulations relating to the Plan, and to make any other determination that it deems
necessary or desirable for the administration of the Plan. The Committee may correct any defect or supply any omission or reconcile any inconsistency in the Plan or in any Award in the manner and to the extent the Committee deems necessary or
desirable. Any decision of the Committee in the interpretation and administration of the Plan shall lie within its sole and absolute discretion and shall be final, conclusive and binding on all parties concerned. All powers of the Committee shall be
executed in its sole discretion and need not be uniform as to similarly situated individuals. Any act of the Committee with respect to the Plan may only be undertaken and executed with the affirmative consent of at least two-thirds of the members of
the Committee. 
 (c) RESPONSIBILITY OF COMMITTEE. No member of the Board, no member of the Committee and no employee of the
Company shall be liable for any act or failure to act hereunder, except in circumstances involving his or her bad faith, gross negligence or willful misconduct, or for any act or failure to act hereunder by any other member of the Committee or
employee of the Company. The Company shall indemnify members of the Committee and any employee of the Company against any and all liabilities or expenses to which they may be subjected by reason of any act or failure to act with respect to their
duties under the Plan, except in circumstances involving his or her bad faith, gross negligence or willful misconduct. 
 3.
PARTICIPANTS. All employees, officers and directors of the Company and its subsidiaries (including members of the Board who are not employees), as well as consultants and advisors to the Company or its subsidiaries, are eligible to participate in
the Plan. Consistent with the purposes of the Plan, the Committee shall have exclusive power to select the employees, 

 
officers, directors, consultants, and advisors who may participate in the Plan (“Participants”). Eligible individuals may be selected individually or by groups or categories, as
determined by the Committee in its discretion, and designation as a person to receive Awards in any year shall not require the Committee to designate such a person as eligible to receive Awards in any other year. 

4. TYPES OF AWARDS. Awards under the Plan may be granted in any one or a combination of (a) Stock Options, (b) Stock
Appreciation Rights, (c) Restricted Stock Awards, and (d) Performance Awards (each as described below, and collectively, “Awards”). Awards may constitute Performance-Based Awards, as described in Section 10. Each Award shall
be evidenced by a written agreement between the Company and the Participant (an “Agreement”), which need not be identical between Participants or among Awards, in such form as the Committee may from time to time approve; provided, however,
that in the event of any conflict between the provisions of the Plan and any Agreement, the provisions of the Plan shall prevail. 

5. COMMON STOCK AVAILABLE UNDER THE PLAN. The aggregate number of shares of Common Stock that may be subject to Awards shall be
10,000,000 shares of Common Stock, which may be authorized and unissued or treasury shares, subject to any adjustments made in accordance with Section 11 hereof. The maximum number of shares of Common Stock with respect to which Awards may be
granted to any individual Participant shall be 2,000,000 shares. Any share of Common Stock subject to an Award that for any reason is cancelled or terminated without having been exercised or vested shall again be available for Awards under the Plan;
provided, however, that any such availability shall apply only for purposes of determining the aggregate number of shares of Common Stock subject to Awards and shall not apply for purposes of determining the maximum number of shares subject to
Awards that any individual Participant may receive. 
 6. STOCK OPTIONS. Stock Options will enable a Participant to purchase
shares of Common Stock upon set terms and at a fixed purchase price. Stock Options may be treated as (i) “incentive stock options” within the meaning of Section 422(b) of the Code (“Incentive Stock Options”), or
(ii) Stock Options that do not constitute or otherwise fail to qualify as Incentive Stock Options (“Nonqualified Stock Options”). Each Stock Option shall be subject to the terms, conditions and restrictions consistent with the Plan as
the Committee may impose, subject to the following limitations: 
 (a) EXERCISE PRICE. The exercise price per share (the
“Exercise Price”) of Common Stock subject to a Stock Option shall be determined by the Committee and shall not be less than the Fair Market Value (as defined in Section 15) of a share of Common Stock on the date the Stock Option is
granted. 
 (b) PAYMENT OF EXERCISE PRICE. The Exercise Price may be paid in cash or, in the discretion of the Committee, by the
delivery of shares of Common Stock that have been owned by the Participant for at least six months, or by a combination of these methods. In the discretion of the Committee, payment may also be made by delivering a properly executed exercise notice
to the Company together with a copy of irrevocable instructions to a broker to deliver promptly to the Company the amount of sale or loan proceeds to pay the Exercise Price. To facilitate the foregoing, the Company may enter into agreements for
coordinated procedures with one or more brokerage firms. The Committee may also prescribe any other method of paying the Exercise Price that it determines to be consistent with applicable law and the purpose of the Plan, including, without
limitation, in lieu of the exercise of a Stock Option by delivery of shares of Common Stock of the Company then owned by the Participant, providing the Company with a notarized statement attesting to the number of shares owned for at least six
months, where upon 

 
verification by the Company, the Company would issue to the Participant only the number of incremental shares to which the Participant is entitled upon exercise of the Stock Option. 

(c) EXERCISE PERIOD. Stock Options shall be exercisable at such time or times and subject to such terms and conditions as shall be
determined by the Committee; provided, however, that no Stock Option shall be exercisable later than ten years after the date it is granted. All Stock Options shall terminate at such earlier times and upon such conditions or circumstances as the
Committee shall determine, as set forth in the related Agreement. 
 (d) LIMITATIONS ON INCENTIVE STOCK OPTIONS. Incentive Stock
Options may be granted only to Participants who, at the time of the grant, are employees of the Company or a parent or subsidiary of the Company. The aggregate Fair Market Value of the Common Stock (determined as of the date of the grant) with
respect to which Incentive Stock Options are exercisable for the first time by a Participant during any calendar year (under all option plans of the Company) shall not exceed $100,000. For purposes of the preceding sentence, Incentive Stock Options
will be taken into account in the order in which they are granted. Incentive Stock Options may not be granted to a Participant who, at the time of grant, owns stock possessing (after the application of the attribution rules of Section 424(d) of
the Code) more than 10% of the total combined voting power of all outstanding classes of stock of the Company or any subsidiary of the Company, unless the option price is fixed at not less than 110% of the Fair Market Value of the Common Stock on
the date of grant and the exercise of such Incentive Stock Option is prohibited by its terms after the expiration of five years from its date of grant. 

(e) TERMINATION OF EMPLOYMENT, DISABILITY OR DEATH. 

(1) Except as provided below or in an Agreement, a Stock Option may only be exercised while the Participant is employed by, or providing
service to, the Company, as an employee, member of the Board or advisor or consultant. In the event that a Participant ceases to be employed by, or provide service to, the Company for any reason other than Disability (as defined in Paragraph
(5) below), death or termination for Cause (as defined in Paragraph (5) below), any Stock Option which is otherwise exercisable by the Participant shall terminate unless exercised within 90 days after the date on which the Participant
ceases to be employed by, or provide service to, the Company, but in any event no later than the date of expiration of the Stock Option. Except as otherwise provided by the Committee, any Stock Options which are not otherwise exercisable as of the
date on which the Participant ceases to be employed by, or provide service to, the Company shall terminate as of such date. 

(2) In the event the Participant ceases to be employed by, or provide service to, the Company because of a termination for Cause by the
Company, any Stock Option held by the Participant shall terminate as of the date the Participant ceases to be employed by, or provide service to, the Company. In addition, notwithstanding any other provisions of this Section 6, if the Committee
determines that the Participant has engaged in conduct that constitutes Cause at any time while the Participant is employed by, or providing service to, the Company, or after the Participant’s termination of employment or service, any Stock
Option held by the Participant shall immediately terminate. In the event the Committee determines that the Participant has engaged in conduct that constitutes Cause, in addition to the immediate termination of all Stock Options, the Participant
shall automatically forfeit all shares underlying any exercised portion of a Stock Option for which the Company has not yet delivered the share certificates, upon refund by the Company of the Exercise Price paid by the Participant for such shares
(subject to any right of setoff by the Company). 
  

 (3) In the event the Participant ceases to be employed by, or provide service to, the
Company because the Participant is Disabled, any Stock Option which is otherwise exercisable by the Participant shall terminate unless exercised within one year after the date on which the Participant ceases to be employed by, or provide service to,
the Company, but in any event no later than the date of expiration of the Stock Option. 
 (4) If the Participant dies while
employed by, or providing service to, the Company, any Stock Option which is otherwise exercisable by the Participant shall terminate unless exercised within one year after the date on which the Participant ceases to be employed by, or provide
service to, the Company, but in any event no later than the date of expiration of the Stock Option. 
 (5) For purposes of this
Section 6(e): 
 (A) The term “Company” shall mean the Company and its subsidiary corporations. 

(B) “Disability” or “Disabled” shall mean a Participant’s becoming disabled within the meaning of
Section 22(e)(3) of the Code. 
 (C) “Cause” shall mean, except to the extent specified otherwise by the
Committee, a finding by the Committee that the Participant has breached any provision of his or her terms of employment or service contract with the Company, including without limitation covenants against competition, or has engaged in disloyalty to
the Company, including, without limitation, fraud, embezzlement, theft, commission of a felony or proven dishonesty in the course of his or her employment or service, or has disclosed trade secrets or confidential information of the Company to
persons not entitled to receive such information. 
 7. STOCK APPRECIATION RIGHTS. Stock Appreciation Rights shall provide a
Participant with the right to receive a payment, in cash, Common Stock or a combination thereof, in an amount equal to the excess of (i) the Fair Market Value, or other specified valuation, of a specified number of shares of Common Stock on the
date the right is exercised, over (ii) the Fair Market Value of such shares on the date of grant, or other specified valuation (which shall be no less than the Fair Market Value on the date of grant). Each Stock Appreciation Right shall expire
no more than ten years from its date of grant, and shall be subject to such other terms and conditions as the Committee shall deem appropriate, including, without limitation, provisions for the forfeiture of the Stock Appreciation Right for no
consideration upon termination of employment. 
 8. RESTRICTED STOCK AWARDS. Restricted Stock Awards shall consist of Common
Stock issued or transferred to Participants with or without other payments therefor as additional compensation for services to the Company. Restricted Stock Awards may be subject to such terms and conditions as the Committee determines appropriate,
including, without limitation, restrictions on the sale or other disposition of such shares and the right of the Company to reacquire such shares for no consideration upon termination of the Participant’s employment within specified periods or
prior to becoming vested. The Committee may require the Participant to deliver a duly signed stock power, endorsed in blank, relating to the Common Stock covered by a Restricted Stock Award. The Committee may also require that the stock certificates
evidencing such shares be held in custody or bear restrictive legends until the restrictions thereon shall have lapsed. The Restricted Stock Award shall specify whether the Participant shall have, with respect to the shares of Common Stock subject
to a Restricted Stock 

 
Award, all of the rights of a holder of shares of Common Stock of the Company, including the right to receive dividends and to vote the shares. 

9. PERFORMANCE AWARDS. Performance Awards shall provide a Participant with the right to receive a specified number of shares of Common
Stock or cash at the end of a specified period. The Committee shall have complete discretion in determining the number, amount and timing of Performance Awards granted to each Participant. The Committee may condition the payment of Performance
Awards upon the attainment of specific performance goals or such other terms and conditions as the Committee deems appropriate, including, without limitation, provisions for the forfeiture of such payment for no consideration upon termination of the
Participant’s employment prior to the end of a specified period. 
 10. PERFORMANCE-BASED AWARDS. Certain Awards granted
under the Plan may be granted in a manner such that they qualify for the performance based compensation exemption of Section 162(m) of the Code (“Performance-Based Awards”). As determined by the Committee in its sole discretion,
either the granting or vesting of such Performance-Based Awards are to be based upon one or more of the following factors: net sales; pretax income before allocation of corporate overhead and bonus; budget; earnings per share; net income; division,
group or corporate financial goals; return on stockholders’ equity; return on assets; attainment of strategic and operational initiatives; appreciation in and/or maintenance of the price of the Common Stock or any other publicly-traded
securities of the Company; market share; gross profits; earnings before interest and taxes; earnings before interest, taxes, depreciation and amortization; economic value-added models and comparisons with various stock market indices; reduction in
costs; or any combination of the foregoing. With respect to Performance-Based Awards that are not Stock Options or Stock Appreciation Rights based solely on the appreciation in the Fair Market Value of Common Stock after the grant of the Award,
(i) the Committee shall establish in writing (x) the objective performance-based goals applicable to a given period and (y) the individual employees or class of employees to which such performance-based goals apply, no later than 90
days after the commencement of such fiscal period (but in no event after 25% of such period has elapsed), (ii) no Performance-Based Awards shall be payable to or vest with respect to, as the case may be, any Participant for a given fiscal
period until the Committee certifies in writing that the objective performance goals (and any other material terms) applicable to such period have been satisfied, and (iii) the Committee may reduce or eliminate the number of shares of Common
Stock or cash granted or the number of shares of Common Stock vested upon the attainment of such performance goal. After establishment of a performance goal, the Committee shall not revise such performance goal or increase the amount of compensation
payable thereunder (as determined in accordance with Section 162(m) of the Code) upon the attainment of such performance goal. 

11. ADJUSTMENTS TO AWARDS. In the event of any change in the outstanding Common Stock of the Company by reason of any stock split, stock
dividend, split-up, split-off, spin-off, recapitalization, merger, consolidation, reorganization, combination or exchange of shares, a sale by the Company of all or part of its assets, or in the event of any distribution to stockholders of other
than a normal cash dividend, or other extraordinary or unusual event, if the Committee shall determine, in its discretion, that such change equitably requires an adjustment in the terms of any Awards or the number of shares of Common Stock that are
subject to Awards, such adjustment shall be made by the Committee and shall be final, conclusive and binding for all purposes of the Plan. 
  

 12. CHANGE IN CONTROL. 

(a) EFFECT. In its sole discretion, the Committee may determine that, upon the occurrence of a Change in Control (as defined below), all
or a portion of each outstanding Award shall become exercisable in full (if applicable, and whether or not then exercisable) upon the Change of Control or at such other date or dates that the Committee may determine, and that any forfeiture and
vesting restrictions thereon shall lapse on such date or dates. In its sole discretion, the Committee may also determine that, upon the occurrence of a Change in Control, each outstanding Stock Option and Stock Appreciation Right shall terminate
within a specified number of days after notice to the Participant thereunder, and each such Participant shall receive, with respect to each share of Common Stock subject to such Stock Option or Stock Appreciation Right, an amount equal to the excess
of the Fair Market Value of such shares immediately prior to such Change in Control over the exercise price per share of such Stock Option or Stock Appreciation Right; such amount shall be payable in cash, in one or more kinds of property (including
the property, if any, payable in the transaction) or a combination thereof, as the Committee shall determine in its sole discretion. 

(b) DEFINED. For purposes of this Plan, a Change in Control shall be deemed to have occurred if: 

(1) a tender offer (or series of related offers) shall be made and consummated for the ownership of 50% or more of the outstanding
voting securities of the Company; 
 (2) the Company shall be merged or consolidated with another corporation and as a result
of such merger or consolidation less than 50% of the outstanding voting securities of the surviving or resulting corporation shall be owned in the aggregate by the former shareholders of the Company, any employee benefit plan of the Company or its
subsidiaries, and their affiliates; 
 (3) the Company shall sell substantially all of its assets to another corporation that
is not wholly owned by the Company; or 
 (4) a Person (as defined below) shall acquire 50% or more of the outstanding voting
securities of the Company (whether directly, indirectly, beneficially or of record). 
 For purposes of this Section 12(b),
ownership of voting securities shall take into account and shall include ownership as determined by applying the provisions of Rule 13d-3(d)(I)(i) (as in effect on the date hereof) under the Exchange Act. Also for purposes of this Subsection 12(b),
Person shall have the meaning given in Section 3(a)(9) of the Exchange Act, as modified and used in Sections 13(d) and 14(d) thereof; however, a Person shall not include (1) the Company or any of its subsidiaries; (2) a trustee or
other fiduciary holding securities under an employee benefit plan of the Company or any of its subsidiaries; (3) an underwriter temporarily holding securities pursuant to an offering of such securities; or (4) a corporation owned, directly
or indirectly, by the shareholders of the Company in substantially the same proportion as their ownership of stock of the Company. 

13. TRANSFERABILITY OF AWARDS. Except as provided below, a Participant’s rights under an Award may not be transferred or encumbered,
except by will or by the laws of descent and distribution or, in the case of Awards other than Incentive Stock Options, pursuant to a qualified domestic relations order (as defined under Section 414(p) the Code). The Committee may provide, in
an Agreement for a Nonqualified Stock Option, for its transferability as a gift to family members, one or more trusts for the benefit of family members, or one or more 

 
partnerships of which family members are the only partners, according to such terms as the Committee may determine; provided that the Participant receives no consideration for the transfer and
the transferred Nonqualified Stock Option shall continue to be subject to the same terms and conditions as were applicable to the Nonqualified Stock Option immediately before the transfer. 

14. MARKET STAND-OFF. 

(a) In connection with any underwritten public offering by the Company of its equity securities pursuant to an effective registration, if
required by the Committee, a Participant shall not sell, make any short sale of, loan, hypothecate, pledge, grant any option for the purchase of, or otherwise dispose or transfer for value or otherwise agree to engage in any of the foregoing
transactions with respect to, any Common Stock without the prior written consent of the Company or its underwriters. Such restriction (the “Market Stand-Off”) shall be in effect for such period of time from and after the effective date of
the final prospectus for the offering as may be requested by the Company or such underwriters, but in no event shall such period exceed one hundred eighty (180) days. 

(b) A Participant shall be subject to the Market Stand-Off provided and only if the officers and directors of the Company are also
subject to similar restrictions. 
 (c) In order to enforce the Market Stand-Off, the Corporation may impose stop-transfer
instructions with respect to the Common Stock until the end of the applicable stand-off period. 
 15. FAIR MARKET VALUE. If
Common Stock is publicly traded, then the “Fair Market Value” per share shall be determined as follows: (1) if the principal trading market for the Common Stock is a national securities exchange or the NASDAQ National Market, the last
reported sale price thereof on the relevant date or, if there were no trades on that date, the latest preceding date upon which a sale was reported, or (2) if the Common Stock is not principally traded on such exchange or market, the mean
between the last reported “bid” and “asked” prices of Common Stock on the relevant date, as reported on NASDAQ or, if not so reported, as reported by the National Daily Quotation Bureau, Inc. or as reported in a customary
financial reporting service, as applicable and as the Committee determines. If the Common Stock is not publicly traded or, if publicly traded, is not subject to reported transactions or “bid” or “asked” quotations as set forth
above, the Fair Market Value per share shall be as reasonably determined by the Committee. 
 16. WITHHOLDING. All distributions
made with respect to an Award shall be net of any amounts required to be withheld pursuant to applicable federal, state and local tax withholding requirements. The Company may require a Participant to remit to it or to the subsidiary that employs a
Participant an amount sufficient to satisfy such tax withholding requirements prior to the delivery of any certificates for Common Stock. In lieu thereof, the Company or the employing corporation shall have the right to withhold the amount of such
taxes from any other sums due or to become due to the Participant as the Company shall prescribe. The Committee may, in its discretion and subject to such rules as it may adopt, permit a Participant to pay all or a portion of the federal, state and
local withholding taxes arising in connection with any Award by electing to have the Company withhold shares of Common Stock having a Fair Market Value that is not in excess of the amount of tax to be withheld. 

17. SHAREHOLDER RIGHTS. A Participant shall not have any of the rights or privileges of a holder of Common Stock for any Common Stock
that is subject to an Award, 

 
including any rights regarding voting or the payment of dividends (except as expressly provided under the terms of the Award), unless and until a certificate representing such Common Stock has
been delivered to the Participant. 
 18. TENURE. A Participant’s right, if any, to continue to serve the Company or its
subsidiaries as a director, officer, employee, consultant or advisor shall not be expanded or otherwise affected by his or her designation as a Participant. 

19. NO FRACTIONAL SHARES. No fractional shares of Common Stock shall be issued or delivered pursuant to the Plan or any Award. The
Committee shall determine whether cash shall be paid in lieu of fractional shares or whether such fractional shares or any rights thereto shall be forfeited or otherwise eliminated. 

20. DURATION, AMENDMENT AND TERMINATION. No Award may be granted more than ten years after the Effective Date (as described in
Section 22). The Plan may be amended or suspended in whole or in part at any time and from time to time by the Board, but no amendment shall be effective unless and until the same is approved by shareholders of the Company where the amendment
would (i) increase the total number of shares which may be issued under the Plan or (ii) increase the maximum number of shares which may be issued to any individual Participant under the Plan. No amendment or suspension of the Plan shall
adversely affect in a material manner any right of any Participant with respect to any Award theretofore granted without such Participant’s written consent. 

21. GOVERNING LAW. This Plan, Awards granted hereunder and actions taken in connection with the Plan shall be governed by the laws of the
State of Texas regardless of the law that might otherwise apply under applicable principles of conflicts of laws. 
 22.
EFFECTIVE DATE. This Plan shall be effective as of September 11, 2009, which is the date as of which the Plan was adopted by the Board, provided that the Plan is approved by the shareholders of the Company before December 31, 2009, and
such approval of shareholders shall be a condition to the right of each Participant to receive an Award hereunder.Commercial Lease Agreement

 Exhibit 10.43 

COMMERCIAL LEASE AGREEMENT 

1. Lease Summary. 
  

															
	Landlord:	  	Jackson-Shaw / Vista Point Limited Partnership
		
	Landlord’s Address:	  	4890 Alpha Road, Suite 100, Dallas, Texas 75244
			
		  	Contact Person:	  	Tucker Thomas
		  	Phone:	  	972-628-7452
		  	Fax:	  	972-628-7444
		  	Email:	  	tthomas@jacksonshaw.com
		
	Tenant:	  	CareView Communications, Inc.
		
	Tenant’s Address:	  	Before the Commencement Date:
			
		  	Contact Person:	  	John R. Bailey
		  	Phone:	  	972-943-6050
		  	Fax:	  	972-403-7659
		  	Email:	  	jbailey@care-view.com
		
		  	From and after the Commencement Date:
		  	405 State Highway 121
		  	Building B, Suite 240
		  	Lewisville, Texas 75067
			
		  	Contact Person:	  	John R. Bailey
		  	Phone:	  	
		  	Fax:	  	
		  	Email:	  	jbailey@care-view.com
		
	Landlord’s Broker:	  	Stream Dallas Industrial, LP
		
	Tenant’s Broker:	  	Boykin Partners, LLC
		
	Leased Premises:	  	approximately 10,578 square feet of space located in the Building, as outlined on Exhibit “A-1” attached hereto
		
	Project:	  	Vista Point Business Center located at 405 State Highway 121 Lewisville, Texas (containing approximately 143,810 square feet)
		
	Building:	  	Building B (containing approximately 28,944 square feet)
		
	Tenant’s Proportionate Share of Project:	  	7.36%
		
	Tenant’s Proportionate Share of Building:	  	36.55%
			
	Term:	  	63 Months	  	
			
	Commencement Date:	  	October 1, 2009	  	
		
	Termination Date:	  	The last day of the
63rd month following the Commencement
Date

  

			
		  	 
		  	Landlord
	1	  	
		  	 
		  	Tenant

															
		
	Base Rent:	  	

  

							
	 Months
	  	Annual Rate Per Sq. Ft.	  	Monthly Base Rent
	 1-6
	  	$	4.75	  	$	4,187.13
	 7-42
	  	$	9.50	  	$	8,374.25
	 43-63
	  	$	10.00	  	$	8,815.00

  

											
	Initial Estimated Additional Rent Payments	  	1. Common Area	  	 	$ 1.57
	(expressed per square foot/year):	  	2. Taxes	  	 	$ 2.18
	(estimates only and subject to adjustment to actual costs and expenses according to the provisions of this Lease)	  	3. Insurance	  	 	$ 0.12
		  		  			  	Total:	  	$	 3.87
				
	 Total Initial Estimated Monthly Additional Rent Payments:
	  	$	3,411.41	  		  		
					
	 Total Initial Monthly Base Rent and
	  		  			  		  		
	 Estimated Monthly Additional Rent Payments:
	  		  	$	7,598.54	  		  		
	 Security Deposit:
	  		  	$	8,374.25	  		  		

 2. Defined Terms. The following terms used herein and denoted by their initial
capitalization shall have the meanings set forth below: 
 “Additional Rent” shall mean the Tax and Insurance
Costs, the Common Area Maintenance Expenses and all sums of money, other than Base Rent, which become due by Tenant under this Lease. 

“Adjacent Buildings” shall mean any building or buildings, other than the Building, located, from time to time, upon the
Land and within the Project. 
 “Applicable Laws” shall mean any and all ordinances, orders, directives, codes,
permits and other rules and regulations of state, federal, municipal, or other agencies or bodies having jurisdiction with respect to the Project. 

“Base Rent” shall mean the annualized amounts computed for the applicable period using the Monthly Base Rent shown in
Section 1, above and payable as provided herein. 
 “Building” shall have the meaning given
in Section 1, above. 
 “Commencement Date” shall have the meaning given in Section 1,
above. 
 “Common Areas” means all areas, spaces, facilities and equipment (whether or not located within the
Building) made available by Landlord for the common and joint use of Landlord, Tenant and others designated by Landlord using or occupying space in the Building or the Project, including, but not limited to, loading docks, walkways, sidewalks and
driveways necessary for access to the Building, parking areas, building lobbies, atriums, landscaped areas, public corridors, public restrooms, Building stairs, drinking fountains and any such other areas and facilities within the Project, if any,
as are designated by Landlord from time to time as Common Areas. 
  

			
		  	 
		  	Landlord
	2	  	
		  	 
		  	Tenant

 “Common Area Maintenance Expenses” shall mean any and all expenses for the
maintenance, repair, replacement and operation of the Common Areas and any portions of the Project for which Landlord is responsible hereunder, including, but not limited to, management fees, utility expenses (if furnished by Landlord), wages and
fringe benefits payable to employees of Landlord responsible for the management of the Project and amounts paid to contractors for work performed in connection with the Project. The term “Common Area Maintenance Expenses” shall not include
any capital improvement to the Project other than replacements required for normal maintenance and repair, nor shall it include repairs, restoration or other work occasioned by fire, windstorm or other insured casualty, expenses incurred in leasing
or procuring tenants, leasing commissions, advertising expenses, expenses for renovating space for new tenants, legal expenses incident to enforcement by Landlord of the terms of any lease, interest or principal payments on any mortgage or other
indebtedness of Landlord, compensation paid to any employee of Landlord above the grade of property manager, depreciation allowance or expense. Notwithstanding the foregoing, in the event Landlord installs equipment in or makes improvements or
alterations to the Building which are for the purpose of reducing energy costs, maintenance costs or other Common Area Maintenance Expenses or which are required under any Applicable Laws which were not required at the date of commencement of the
Term, Landlord may include in Common Area Maintenance Expenses reasonable charges for interest on such investment and reasonable charges for depreciation on the same so as to amortize such investment over the reasonable life of such equipment,
improvement or alteration on a straight line basis. 
 “Default Rate” shall mean the lesser of (i) maximum
rate of interest permitted by Applicable Law or (ii) the Prime Rate plus five percent (5%). 
 “Effective
Date” shall mean the date of execution of this Lease. 
 “Event of Default” shall have the meaning
given in this Lease, below. 
 “Hazardous Material” shall mean any substance, material, waste, pollutant, or
contaminant that is or could be regulated under any statute, regulations, ordinance, rule, code, judgment, permit, or other similar requirement of any governmental authority, agency or court or that may adversely affect human health or the
environment. 
 “Land” shall mean the land upon which the Building is located, as described in the attached
Exhibit “A”. 
 “Landlord” shall have the meaning given in Section 1, above.

 “Lease” shall mean this Commercial Lease Agreement. 

“Leased Premises” shall have the meaning given in Section 1, above. 

“Mortgage” shall mean any mortgage, deed to secure debt or security deed and any other instrument creating a lien in
connection with any method of financing or refinancing. 
 “Mortgagee” shall mean the holder(s) of the
indebtedness secured by a Mortgage. 
 “Permitted Exceptions” shall mean any encumbrances, easements,
covenants, conditions, restrictions and other matters of record. 
 “Prime Rate” shall mean the prime interest
rate as announced or published in The Wall Street Journal, or its successor, from time to time, or, in the event The Wall Street Journal does not announce or publish a prime interest rate, the prime interest rate announced or published
from time to time by such national publication as may be selected by Landlord. 
 “Project” shall mean the
Land, the Building and the Adjacent Buildings, landscaping, parking and driveway areas, sidewalks and other improvements thereon; however, Landlord shall have the right to modify the definition of “Project” by eliminating any Adjacent
Building, together with the allocable share of the Land, landscaping, parking and driveway areas, sidewalks and other improvements relating thereto, in which event the term “Project” shall be limited to the Building, the Adjacent Buildings
which have not been eliminated and the allocable share of the landscaping, parking and driveway areas, sidewalks and other improvements thereon. 
  

			
		  	 
		  	Landlord
	3	  	
		  	 
		  	Tenant

 “Punchlist Items” shall mean details of construction, decoration or
adjustment which individually or in the aggregate do not materially impair Tenant’s use of the Leased Premises. 

“Rent” shall mean the Base Rent, the Additional Rent, and other sums of money becoming due and payable to Landlord
hereunder. Base Rent shall be payable in monthly installments in advance, the first monthly installment of which, together with the Initial Estimated Monthly Additional Rent Payments, being payable concurrently with the execution of this Lease and
thereafter on or before the first day of each month of the Term in the amount set forth above. 
 “Security
Deposit” shall mean the deposit held by Landlord in the amount set forth in Section 1, above. 

“Substantial Completion” shall have the meaning set forth in Section 8(b). 

“Tangible Net Worth” shall mean the excess of total assets over total liabilities, in each case as determined in
accordance with generally accepted accounting principles consistently applied (“GAAP”), excluding, however, from the determination of total assets all assets which would be classified as intangible assets under GAAP including
goodwill, licenses, patents, trademarks, trade names, copyrights, and franchises. 
 “Tax and Insurance Cost”
shall mean all of the following paid or payable by Landlord with respect to the Project or any portion thereof: (a) all federal, state and local sales, use, ad valorem, rental, value added or other taxes and special assessments and other
governmental charges; private assessments (including but not limited to those payable to any association or relating to any off-site or on-site common areas or facilities) and all taxes on the rent or other revenue from the Project, including any
business, gross margins, or similar tax payable by Landlord (including without limitation the Texas margin tax imposed pursuant to the provisions of Chapter 171 of the Texas Property Tax Code, as the same be amended or supplemented) which is
attributable to rent or other revenue derived from the Project; together with all costs, fees and expenses incurred by Landlord in monitoring or contesting the aforementioned (collectively, “Taxes”), and (b) all insurance premiums.

 “Tenant” shall have the meaning given in Section 1, above. 

“Tenant Improvements” shall mean those improvements to the Leased Premises described in
Exhibit “B”. 
 “Tenant’s Proportionate Share” shall mean the percentage set forth
in Section 1 above, determined by dividing the area of the Leased Premises by the area of the Building or the aggregate area within the Building and the Adjacent Buildings, as applicable. Tenant’s Proportionate Share shall be
adjusted if the size of the Leased Premises is modified or as Adjacent Buildings are added to or eliminated from the Project. 

“Termination Date” shall have the meaning given in Section 1 above. 

3. Grant of Lease; Use. Subject to and upon the terms herein set forth, this Lease is entered into by and between Landlord
and Tenant, to be effective as of the Effective Date. In consideration of the rents, terms and covenants of this Lease, Landlord leases Tenant the Leased Premises during the Term and any extension thereto pursuant to this Lease, all as is more
particularly described herein. The Leased Premises shall be used solely for general office, assembly, technology, and warehouse purposes and for no other purpose. Tenant hereby accepts this Lease and the Leased Premises upon the covenants and
conditions set forth herein and subject to any and all Permitted Exceptions, and Tenant agrees to comply with such Permitted Exceptions. Tenant will not use, nor permit others to use, the Leased Premises for any purpose other than the purposes
stated hereinabove, nor will Tenant commit, nor allow others to commit, any waste upon the Leased Premises. Landlord shall grant Tenant occupancy upon Substantial Completion of the Tenant Improvements (as determined in accordance with
Section 8(b) below). In the event Tenant occupies all or a portion of the Leased Premises prior to the Commencement Date, all terms and conditions of this Lease shall apply. 

 

			
		  	 
		  	Landlord
	4	  	
		  	 
		  	Tenant

 4. Term. This Lease shall continue in force during a period beginning on the
Commencement Date and continuing until the Termination Date, unless this Lease is sooner terminated or extended under any other term or provision hereof. If Tenant remains in possession after expiration or termination of this Lease with or without
Landlord’s written consent, there shall be no renewal of this Lease by operation of law. During the period of any such holding over, all provisions of this Lease shall be and remain in effect except that the Base Rent shall equal an amount
equal to 125% the amount of the Base Rent set forth in Section 1 above (which amount shall be increased to 200% after 15 days). In addition to the foregoing, if the Leased Premises are not surrendered at the end of the Term or sooner
termination thereof, Tenant shall indemnify Landlord against loss or liability resulting from delay by Tenant in so surrendering the Leased Premises, including, without limitation, claims made by any succeeding tenants founded on such delay and any
attorneys’ fees resulting therefrom. No holding over by Tenant, whether with or without consent of Landlord, shall operate to extend the Term. 

5. Rent. Tenant agrees to pay all Rent to Landlord during the Term at the times and in the manner provided in this Lease,
without demand, set-off or counterclaim. The Base Rent shall be due and payable on the first day of each calendar month, commencing on the Commencement Date and continuing thereafter throughout the Term. Tenant hereby agrees to pay the Rent to
Landlord at Landlord’s address as provided herein (or such other address as may be designated by Landlord from time to time) monthly in advance. If the date upon which the payment of Base Rent commences, is other than the first day of a
calendar month or if this Lease terminates on a day other than the last day of a calendar month, then the installments of the Base Rent for such month or months shall be prorated on a daily basis and the installment or installments so prorated shall
be paid in advance. 
 If any Base Rent payment required to be paid or which becomes due under this Lease is not paid by the
tenth (10th) day following the day on which it is due, a service charge of five percent (5%) of such amounts due shall become due and payable in addition to the amounts due. Said service charge is for the purpose of reimbursing Landlord
for the extra costs and expenses in connection with the handling and processing of late payments. In addition to such service charge, if any Base Rent payment is not paid by the tenth (10th) day following the day on which it becomes due, Tenant
shall pay to Landlord, in addition to such Base Rent payment and the service charge, interest on such Base Rent payment calculated at the Default Rate from the date such Base Rent payment was due until paid by Tenant. If any Additional Rent required
to be paid or which becomes due under this Lease is not paid when due, Tenant shall pay to Landlord, in addition to such amounts, interest on such amounts at the Default Rate from the date such amounts were due until paid by Tenant. Such service
charge and interest shall be cumulative of any other remedies Landlord may have for nonpayment of Rent and other sums payable under this Lease. If three (3) consecutive monthly Base Rent payments or any ten (10) [in total, cumulative from
the beginning of the Term] monthly Base Rent payments during the Term (or any renewal or extension thereof) are not received by Landlord within ten (10) days of the due date, the Base Rent hereunder shall automatically become due and payable by
Tenant in advance in quarterly installments equal to three (3) months’ Base Rent each. Landlord shall notify Tenant of such change in the time for payment of Base Rent and, thereafter, the first of such quarterly Base Rent payments shall
be due and payable on the first day of the next succeeding month and on the first day of every third (3rd) month thereafter. This remedy shall be cumulative of any other remedies of Landlord under this Lease for nonpayment of Rent. 

6. Security Deposit. Tenant shall deposit with Landlord on the date of execution of this Lease, the Security Deposit. If
Tenant defaults under this Lease, Landlord may use any part of the Security Deposit to make any defaulted payment, to pay for Landlord’s cure of any defaulted obligation, or to compensate Landlord for any loss or damage resulting from any
default. To the extent any portion of the deposit is used, Tenant shall within five (5) days after demand from Landlord restore the deposit to its full amount. Tenant’s failure to do so shall be an Event of Default under this Lease.
Landlord may keep the Security Deposit in its general funds and shall not be required to pay interest to Tenant on the deposit amount. If Tenant shall perform all of its obligations under this Lease and return the Leased Premises to Landlord at the
end of the Term in the same good order and condition as existed at the Commencement Date, ordinary wear and tear excepted, Landlord shall return all of the remaining Security Deposit to Tenant within thirty (30) days after the end of the Term.
The Security Deposit shall not serve as an advance payment of Rent or a measure of Landlord’s damages for any default under this Lease. If Landlord transfers its interest in the Project or this Lease, Landlord may transfer the Security Deposit
to its transferee. Upon such transfer, Landlord shall have no further obligation to return the Security Deposit to Tenant, and Tenant’s right to the return of the Security Deposit shall apply solely against Landlord’s transferee.

  

			
		  	 
		  	Landlord
	5	  	
		  	 
		  	Tenant

 7. Common Area Maintenance and Taxes and Insurance. 

(a) Common Area Maintenance. Tenant agrees to pay as Additional Rent Tenant’s Proportionate Share of the Common Area
Maintenance Expenses. Along with the Base Rent, Tenant shall pay one-twelfth of Tenant’s Proportionate Share of the annualized Common Area Maintenance Expenses as estimated from time to time by Landlord during the Term. As soon as available
after the expiration of each calendar year, Landlord shall submit a statement (the “Annual Cost Statement”) to Tenant setting forth Tenant’s Proportionate Share of the Common Area Maintenance Expenses due from Tenant for the preceding
year and the amount, if any, remaining due from Tenant to Landlord. Within ten (10) days after receipt of the Annual Cost Statement, Tenant shall remit to Landlord the amount the Annual Cost Statement shows to be due from Tenant.
Notwithstanding the foregoing, Tenant shall pay the full cost of any repair, replacement or service which benefits only the Leased Premises or is the result of Tenant’s use or occupancy of the Leased Premises. 

(b) Taxes and Insurance. Tenant shall pay to Landlord as Additional Rent Tenant’s Proportionate Share of the Tax and
Insurance Cost. If the present method of taxation changes so that in lieu of or in addition to the whole or any part of any Tax, there is levied on Landlord a capital tax, assessment, or charge as a result of Landlord’s ownership or operation
of the Building or Project regardless whether explicitly identified as a tax on rents, then all such taxes, assessments, or charges, or the part thereof so based, shall be deemed to be included within the term “Taxes” for purposes hereof.
Notwithstanding anything to the contrary herein, Taxes shall include the Texas franchise tax and/or any other business tax imposed under Texas Property Tax Code Chapter 171 and/or any successor statutory provision for reports due under any such
provision. If any use of the Leased Premises by Tenant causes an increase in insurance costs, Tenant shall pay as Additional Rent the entire amount of any such increase. Along with the Base Rent, Tenant shall pay, monthly, one-twelfth of
Tenant’s Proportionate Share of the annualized Tax and Insurance Costs as estimated from time to time by Landlord during the Term. As soon as available after the expiration of each calendar year, Landlord shall submit a reconciliation statement
to Tenant setting forth Tenant’s Proportionate Share of the Tax and Insurance Costs due from Tenant for the preceding calendar year and the amount, if any, remaining due from Tenant to Landlord. Within ten (10) days after receipt of such
statement, Tenant shall pay Landlord the amount said statement shows to be due from Tenant. Tenant shall be responsible for paying all taxes upon Tenant’s furniture, machinery, fixtures and other property on the Project. 

(c) Right to Audit. Within ninety (90) days after Landlord furnishes its Annual Cost Statement for any calendar year to
Tenant (the “Audit Election Period”), Tenant may, at Tenant’s expense during Landlord’s normal business hours, elect to audit Landlord’s Common Area Maintenance Expenses for such calendar year only, subject to the
following conditions: (1) there is no uncured Event of Default under this Lease; (2) the audit shall be prepared by an independent certified public accounting firm; (3) in no event shall any audit be performed by a firm retained on a
“contingency fee” basis; (4) the audit shall commence within thirty (30) days after Landlord makes Landlord’s books and records available to Tenant’s auditor and shall conclude (and Tenant shall provide to Landlord a
certified copy thereof) within forty-five (45) days after commencement; (5) the audit shall be conducted where Landlord maintains its books and records (provided such books and records are kept in the Dallas/Ft. Worth metropolitan area)
and shall not unreasonably interfere with the conduct of Landlord’s business; (6) Tenant and its accounting firm shall treat any audit in a confidential manner and shall each execute Landlord’s confidentiality agreement for
Landlord’s benefit prior to commencing the audit (subject to the requirements of litigation and to exception for information which is generally known to the public); and (7) the accounting firm’s audit report shall, at no charge to
Landlord, be submitted in draft form for Landlord’s review and comments before the final approved audit report. Notwithstanding the foregoing, Tenant shall have no right to conduct an audit if Landlord furnishes to Tenant an audit report for
the calendar year in question prepared by an independent certified accounting firm of recognized national standing (whether originally prepared for Landlord or another party). This paragraph shall not be construed to limit, suspend, or abate
Tenant’s obligation to pay Rent when due, including estimated Common Area Maintenance Expenses. Unless Landlord disputes such audit, Landlord shall credit any Tenant overpayment determined by the final approved audit report against the next
sums due and owing by Tenant or, if no further Rent is due, refund overpayment determined by the final approved audit report within thirty (30) days of determination. The foregoing obligations shall survive the expiration date of this Lease. If
Tenant does not provide written notice to Landlord within the Audit Election Period of Tenant’s election to audit Landlord’s Common Area Maintenance Expenses, it shall be conclusively deemed that Tenant shall have forever waived any right
to contest the amount of Tenant’s Proportionate Share of Common Area Maintenance Expenses arising prior to the commencement of the Audit Election Period. 
  

			
		  	 
		  	Landlord
	6	  	
		  	 
		  	Tenant

 (d) Contest of Taxes by Landlord. Landlord shall have the right to employ a tax
consulting firm to attempt to assure a fair tax burden on the Project (or any portion thereof) within the applicable taxing jurisdiction. Tenant shall pay to Landlord upon demand from time to time, as Additional Rent, Tenant’s Proportionate
Share of the fees, expenses and costs incurred by Landlord of such service. Tenant acknowledges that any filing of a protest of appraised value by Tenant will give the appraisal district discretion to increase or decrease the appraised value, that
an increase in the appraised value will affect Landlord and the other tenants, if any, of the Project, and that an increase in the appraised value may increase the taxes not only for the year in question but for future years, potentially beyond
expiration of the Term. Accordingly, to the extent permitted by Applicable Law, Tenant hereby waives the provisions of Section 41.413 and 42.015 of the Texas Property Tax Code (or successor thereto) to protest the appraised value of the Project
or any portion thereof. In the alternative, if Section 41.413 or 42.015 of the Texas Property Tax Code may not be waived, Tenant agrees not to protest any valuation unless Tenant notifies Landlord in writing of Tenant’s intent to protest
and Landlord fails to file a protest of the valuation within thirty (30) days after Landlord receives Tenant’s written notice. If Tenant files a protest without giving written notice required by the preceding sentence, such filing shall be
an Event of Default under this Lease without the necessity of any notice from Landlord. Furthermore, if Tenant exercises the right of protest granted by Section 41.413 or 42.015 of the Texas Property Tax Code, Tenant shall be solely responsible
for, and shall pay, all costs of such protest. If as a result of any protest filed by Tenant, the appraised value of the Building or Project is increased, Tenant shall be solely responsible for, and shall pay upon demand by Landlord, all taxes (not
only Tenant’s Proportionate Share) assessed against the Building or Project in excess of the taxes which would have been payable in the absence of the protest. Tenant shall continue to pay such excess taxes, regardless of whether the increased
taxes are incurred during the Term or thereafter. Landlord agrees, upon written request by Tenant, to provide to Tenant to a copy of the determination of appraised value for any year. Tenant agrees that if Landlord, in Landlord’s sole
discretion, elects to protest a determination of the appraised value of the Project or any portion thereof, Tenant shall pay to Landlord Tenant’s Proportionate Share of the fees, expenses and costs of such protest whether or not such protest is
successful. The provisions of this Section 7 pertaining to Section 41.413 and 42.015 of the Texas Property Tax Code expressly shall survive the expiration or other termination of this Lease. 

8. Condition of Leased Premises; Tenant Improvements; Common Areas; Maintenance; Alterations. 

(a) Condition of Leased Premises. Tenant acknowledges that it accepts the Leased Premises as suitable for Tenant’s purposes
and to all Applicable Laws. Notwithstanding any other provision of this Lease to the contrary, if this Lease is executed before the Leased Premises become available for occupancy, or if Landlord cannot acquire possession of the Leased Premises prior
to the Commencement Date stated above, Tenant agrees to accept possession of the Leased Premises at such time as Landlord is able to tender the same, which date shall then be the Commencement Date of the Term. TENANT WAIVES ANY IMPLIED WARRANTY THAT
THE LEASED PREMISES ARE SUITABLE FOR TENANT’S INTENDED PURPOSES. TENANT ACKNOWLEDGES THAT (1) TENANT HAS INSPECTED AND ACCEPTS THE LEASED PREMISES IN AN “AS IS, WHERE IS” CONDITION, (2) THE BUILDING AND THE LEASED PREMISES
ARE SUITABLE FOR THE PURPOSE FOR WHICH THE LEASED PREMISES ARE LEASED, AND LANDLORD HAS MADE NO WARRANTY, REPRESENTATION, COVENANT, OR AGREEMENT WITH RESPECT TO THE MERCHANTABILITY OR FITNESS FOR ANY PARTICULAR PURPOSE OF THE LEASED PREMISES,
(3) THE LEASED PREMISES ARE IN GOOD AND SATISFACTORY CONDITION, (4) NO REPRESENTATIONS AS TO THE REPAIR OF THE LEASED PREMISES, NOR PROMISES TO ALTER, REMODEL OR IMPROVE THE LEASED PREMISES HAVE BEEN MADE BY LANDLORD, AND (5) THERE
ARE NO REPRESENTATIONS OR WARRANTIES, EXPRESSED, IMPLIED OR STATUTORY, THAT EXTEND BEYOND THE DESCRIPTION OF THE LEASED PREMISES. 

(b) Tenant Improvements. Tenant agrees to install, at Tenant’s cost and expense (subject to Landlord’s obligation to pay
to Tenant up to the amount of the “Tenant Improvement Allowance”, as defined in Exhibit “B” attached hereto) the “Tenant Improvements” (as defined in Exhibit “B” attached hereto). If the Tenant
Improvements are not completed and the Leased Premises are not ready for occupancy on the Commencement Date stated above, the Rent under this Lease shall nevertheless commence to accrue on the Commencement Date. Upon full execution of this Lease,
Tenant shall have access to the Leased Premises in order to commence the Tenant Improvements. 
  

			
		  	 
		  	Landlord
	7	  	
		  	 
		  	Tenant

 (c) Maintenance of the Common Areas. Landlord shall perform the work which gives rise
to Common Area Maintenance Expenses, subject to payment therefor by Tenant pursuant to the provisions of Section 7 above. If the need for any such work shall come to the attention of Tenant, Tenant will promptly so notify Landlord in
writing. 
 (d) Maintenance of the Leased Premises. 

(i) Landlord’s Obligations: Landlord shall maintain (except in the event of casualty or other damage
contemplated in Section 16 hereof, in which event the terms of Section 16 will control) only the roof, foundation and the structural soundness of the exterior walls of the Building (excluding all windows, window glass, plate
glass, and all doors) in good repair and condition, except for reasonable wear and tear; however, Landlord shall have no obligation to undertake any such maintenance until after Tenant has provided Landlord written notice thereof. Landlord’s
maintenance and repair costs under this Section 8(d) shall be included as a Common Area Maintenance Expense, except as expressly excluded from the definition of “Common Area Maintenance Expenses” above. Tenant shall give
immediate written notice to Landlord of the need for repairs or corrections and Landlord shall proceed within a reasonable time after receiving such notice to make such repairs or corrections. Landlord’s liability hereunder shall be limited to
the cost of such repairs or corrections. 
 (ii) Tenant’s Obligations: Tenant shall repair and pay
for any damage caused by the negligence or default hereunder of or by Tenant, its employees, agents or invitees; the cost of any such damage which is paid by Landlord shall be deemed Additional Rent which is immediately due and owing from Tenant.
Subject to the provisions of item (i) above, Tenant shall, during the Term, at Tenant’s expense, keep the Leased Premises (including the glass, signs, ceilings, interior walls, interior side of perimeter walls, floor, floor coverings,
plumbing, electric, heating and air conditioning, sprinklers and lighting fixtures) in as good order, condition and repair as they were at the time Tenant took possession of the same, reasonable wear and tear and damage from fire and other
casualties excepted. Tenant shall, at its own cost and expense, enter into a regularly scheduled preventive maintenance contract with a qualified contractor for servicing all hot water, heating and air conditioning systems and equipment within or
serving the Leased Premises. Upon Landlord’s written request, Tenant shall provide Landlord a copy of the maintenance/service contract and the name of the maintenance contractor. The service must include all services suggested by the equipment
manufacturer within the operation/maintenance manual and must become effective within thirty (30) days of the date Tenant takes possession of the Leased Premises. Tenant shall keep the Leased Premises in a neat and sanitary condition, and
Tenant shall not commit any nuisance or waste on the Leased Premises or in, on, or about the Project, throw foreign substances in the plumbing facilities, or waste any of the utilities furnished by Landlord. All uninsured damage or injury to the
Leased Premises, or to the Project caused by Tenant moving furniture, fixtures, equipment, or other devices in or out of the Leased Premises or the Building or by installation or removal of furniture, fixtures, equipment, devices or other property
of Tenant or its agents, contractors, servants or employees, due to carelessness, omission, neglect, improper conduct, or other cause of Tenant or its servants, employees, agents, visitors, or licensees, shall be repaired, restored and replaced
promptly by Tenant at its sole cost and expense to the satisfaction of Landlord. All repairs, restorations and replacements shall be in quality and class equal to the original work and shall comply with all requirements of this Lease. 

(e) Alterations; Signs. No improvements, alterations, additions or other changes shall be made to the Leased Premises without
Landlord’s prior written consent. All property of Tenant installed upon the Leased Premises pursuant to the terms of this Lease shall be at the sole risk of Tenant, and Landlord shall not be liable for any loss, damage or theft of such property
(INCLUDING THE LOSSES, DAMAGES OR THEFTS STEMMING FROM THE STRICT LIABILITY, NEGLIGENCE OR OTHER TORTIOUS CONDUCT, ACTS OR OMISSIONS OF LANDLORD OR ITS OFFICERS, DIRECTORS, EMPLOYEES, AGENTS OR INVITEES) except for those losses, damages or thefts
stemming from the willful misconduct or gross negligence of Landlord. Subject to Landlord’s approval thereof, Tenant shall be allowed to install, at Tenant’s cost and expense, Tenant’s sign on the exterior of the Building above the
front and rear entrances to the Leased Premises. Otherwise, no sign, door plaques or notices shall be displayed, painted or affixed by Tenant on any part of the Project, Building or Leased Premises without the prior written consent of Landlord.

  

			
		  	 
		  	Landlord
	8	  	
		  	 
		  	Tenant

 (f) Surrender of Leased Premises. On the last day of the Term, or on the sooner
termination thereof, Tenant shall peaceably surrender the Leased Premises in good condition and repair consistent with Tenant’s duty to make repairs as herein provided. On or before the last day of the Term, or the date of sooner termination
thereof, Tenant shall, at its sole cost and expense, remove all of its property and trade fixtures and equipment from the Leased Premises, and all property not removed shall be deemed abandoned. Tenant hereby appoints Landlord its agent to remove
all property of Tenant from the Leased Premises upon termination of this Lease and to cause its transportation and storage for Tenant’s benefit, all at the sole cost and risk of Tenant, and Landlord shall not be liable for damage, theft,
misappropriation or loss thereof and Landlord shall not be liable in any manner in respect thereto. Tenant shall pay all costs and expenses of such removal, transportation and storage. Tenant shall leave the Leased Premises in good order, condition
and repair, reasonable wear and tear and damage from fire and other casualty not caused by Tenant excepted. Tenant shall reimburse Landlord upon demand for any expenses incurred by Landlord with respect to removal, transportation or storage of
abandoned property and with respect to restoring the Leased Premises to good order, condition and repair. All improvements, alterations, additions, installations and fixtures, other than Tenant’s trade fixtures and equipment, which have been
made or installed by either Landlord or Tenant upon the Leased Premises shall remain the property of Landlord and shall be surrendered with the Leased Premises as a part thereof, unless Landlord has required Tenant to remove same, in which event
Tenant shall cause such removal to be completed prior to the termination of this Lease. Tenant shall promptly surrender all keys for the Leased Premises to Landlord at the place then fixed for the payment of Rent and shall inform Landlord of the
combinations of any vaults, locks and safes left on the Leased Premises. 
 9. Insurance. 

(a) Landlord Policies. Landlord shall at all times during the Term maintain a policy or policies of business or rental
interruption insurance and a policy or policies of insurance insuring the Building (exclusive of the foundation) for loss or damage by fire, explosion, and other customary hazards, subject to commercially reasonable deductible amounts. Such policies
will not insure any personal property (including, but not limited to any furniture, machinery, goods, or supplies) of Tenant or which Tenant may have in the Leased Premises or any fixtures installed by or paid for by Tenant upon or within the Leased
Premises or any alterations or other improvements which Tenant may construct or install on the Leased Premises, insurance for all of which shall be Tenant’s responsibility. 

(b) Effect of Tenant’s Use. Tenant shall not permit the Leased Premises to be used in any way which would be hazardous or
which would in any way increase the cost of or render void any insurance on the Project, and Tenant shall immediately, on demand, cease any use which violates the foregoing or to which Landlord’s insurer or any governmental or regulatory
authority objects. If, at any time during the Term, Tenant’s use or occupancy (or an abandonment by Tenant) shall cause an increase in premiums, and in particular, but without limitation, if the State Board of Insurance or other insurance
authority disallows any of Landlord’s sprinkler credits or imposes an additional penalty or surcharge in Landlord’s insurance premiums because of Tenant’s original or subsequent placement or use of storage racks or bins or method of
storage or because of the nature of Tenant’s inventory or any other act of Tenant, Tenant agrees to pay as Additional Rent the increase in Landlord’s insurance premiums. 

(c) Tenant Insurance. Tenant, at its sole cost and expense, shall procure and maintain throughout the Term a policy or policies of
insurance from insurance companies satisfactory to Landlord, insuring (i) Landlord; (ii) Landlord’s management company; (iii) Jackson-Shaw Company; (iv) Landlord’s lender, if any; and (v) Tenant against all claims
for property damages, personal injury or death of others occurring on or in connection with: (i) the Leased Premises; (ii) the condition of the Leased Premises; (iii) Tenant’s operations in and maintenance and use of the Leased
Premises; (iv) Tenant’s use of the Common Areas of the Project, and (v) Tenant’s liability assumed under this Lease. The limits of such policy or policies shall be not less than $3,000,000.00 combined single limit coverage per
occurrence for injury to persons (including death) and/or property damage or destruction, including loss of use. Any such coverage shall be deemed primary and non-contributory to any liability coverage secured by Landlord. Certified copies of such
policies, together with receipt for payment of premiums, shall be delivered to Landlord prior to the Commencement 
  

			
		  	 
		  	Landlord
	9	  	
		  	 
		  	Tenant

 
Date. Not less than fifteen (15) days prior to the expiration date of any such policies, certified copies of renewal policies and evidence of the payment of renewal premiums shall be
delivered to Landlord. All such original and renewal policies shall provide for at least thirty (30) days written notice to Landlord before such policy may be canceled or changed to reduce insurance coverage provided thereby. 

(d) Waiver of Subrogation. Notwithstanding anything in this Lease to the contrary, to the extent that and so long as the same is
permitted under the laws and regulations governing the writing of insurance within the State of Texas, all insurance carried by either Landlord or Tenant shall provide for a waiver of rights of subrogation against Landlord and Tenant on the part of
the insurance carrier. Except as expressly otherwise provided herein, Landlord and Tenant each hereby waive any and all rights of recovery, claims, actions or causes of action against the other, its agents, officers, or employees, for any loss or
damage to property or any injuries to or death of any person which is covered or would have been covered under the insurance policies required under this Lease (REGARDLESS OF WHETHER SUCH LOSS OR DAMAGE IS CAUSED BY THE FAULT, NEGLIGENCE OR OTHER
TORTIOUS CONDUCT, ACTS OR OMISSIONS OF LANDLORD OR TENANT OR THEIR RESPECTIVE OFFICERS, DIRECTORS, EMPLOYEES, AGENTS OR INVITEES). The foregoing release shall not apply to losses or damages in excess of actual or required policy limits (whichever is
greater) nor to any deductible (up to a maximum of $10,000) applicable under any policy obtained by the waiving party. The failure of either party (as used in this paragraph, the “defaulting party”) to take out or maintain any insurance
policy required under this Lease shall be a defense to any claim asserted by the defaulting party against the other party hereto by reason of any loss sustained by the defaulting party that would have been covered by any such required policy. The
waivers set forth in this Section 9(d) shall be in addition to, and not in substitution for, any other waivers, indemnities, or exclusions of liabilities set forth in this Lease. 

10. Utility Services. Tenant shall pay the cost of all utility services respecting the Leased Premises including, but not
limited to, initial connection charges and deposits and charges for gas, water, trash disposal, sewer, telephone and electricity respecting the Leased Premises. Landlord shall in no event be liable for any interruption or failure of utility services
on the Leased Premises. Prior to the Commencement Date, Tenant shall pay for all utilities or services at the Leased Premises used by it or its agents, employees or contractors. Tenant hereby acknowledges and agrees that the electricity provider
chosen by Landlord may not necessarily be the least expensive provider of electricity, but Landlord shall have the sole and absolute discretion to choose such electricity providers. 

11. Assignment; Subletting. Except for a “Permitted Transfer” (as hereinafter defined), Tenant shall not, without
the prior consent of Landlord in each case, (i) make or allow any assignment or transfer, by operation of law or otherwise, of any part of Tenant’s interest in this Lease, (ii) grant or allow any lien or encumbrance, by operation of
law or otherwise, upon any part of Tenant’s interest in this Lease, (iii) sublet the Leased Premises or permit anyone other than Tenant and its employees to occupy any part of the Leased Premises. Tenant shall seek such written consent of
Landlord by a written request therefor, setting forth such information as Landlord may deem necessary. Tenant shall, by notice in writing, advise Landlord of Tenant’s intention from, on and after a stated date (which shall not be less than
thirty [30] days after the date of Tenant’s notice), to assign this Lease or to sublet any part or all of the Leased Premises for the balance or any part of the Term. Tenant’s notice shall include all of the terms of the proposed
assignment or sublease and shall state the consideration therefor. Tenant’s notice shall state the name and address of the proposed assignee or subtenant and a true and complete copy of the proposed assignment or sublease shall be delivered to
Landlord with Tenant’s notice. No consent granted by Landlord shall be deemed to be a consent to any subsequent assignment or transfer, lien or encumbrance, sublease or occupancy. Any assignment or transfer, grant of lien or encumbrance, or
occupancy without Landlord’s prior written consent shall be void. Landlord shall be reimbursed by Tenant for any costs or expenses incurred as a result of Tenant’s request for consent to any such assignment or subletting, including
reasonable legal costs. Except for a Permitted Transfer, in the event Tenant subleases the Leased Premises, or any portion thereof, or assigns this Lease with the consent of Landlord at an annual Base Rent exceeding that stated herein, fifty percent
(50%) of such excess shall be paid by Tenant to Landlord as Additional Rent hereunder within ten (10) days after receipt by Tenant. Upon the occurrence of an Event of Default by Tenant under this Lease, if all or any part of the Leased
Premises is then assigned or sublet, Landlord may, in addition to any other remedies provided by this Lease or provided by law, collect directly from the assignee or subtenant all rents due to Tenant. Any collection directly by Landlord from the
assignee or subtenant shall not be construed, however, to constitute a novation or a release of Tenant from the further performance of its obligations under this Lease. For the purpose of this Section

  

			
		  	 
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11, a “transfer” shall include the transfer, assignment or encumbrance of any controlling interest in Tenant. Notwithstanding the above prohibitions, Tenant may, upon thirty
(30) days prior written notice to Landlord, assign this Lease to a surviving entity following Tenant’s merger therein (so long as the surviving entity has a financial, Tangible Net Worth equal to or greater than Tenant’s Tangible Net
Worth immediately prior to such merger) or sublet the Leased Premises or any part thereof to its parent corporation or one of its wholly owned subsidiaries or an “affiliate”; however, no assignment or subletting shall relieve Tenant or any
guarantor of this Lease of its respective obligations under this Lease or any guaranty, and Tenant shall continue to be liable as a principal (and not as a guarantor or surety) to the same extent as though no assignment or subletting had been made.
Any assignment or sublease effected pursuant to the preceding sentence is hereinafter referred to as a “Permitted Transfer”. As used herein, an “affiliate” is an entity that “controls”, “is controlled by” or
“is under common control with” the Tenant. 
 12. Landlord’s Right of Entry. Landlord shall have
the right, at its option, at Tenant’s own cost and expense, to repair or replace any damage done to the Building, or any part thereof, caused by Tenant or Tenant’s agents, employees, invitees, or visitors, and Tenant shall pay the
reasonable cost thereof to Landlord on demand as Additional Rent. Landlord shall retain duplicate keys to all doors of the Leased Premises and Landlord and its agents, employees and independent contractors shall have the right to enter the Leased
Premises at reasonable hours to inspect and examine same, to make repairs, additions, alterations and improvements, to exhibit the Leased Premises to Mortgagees, prospective Mortgagees, purchasers or tenants, and to inspect the Leased Premises upon
24-hour prior notice, except in cases of emergency or when an Event of Default has occurred in which case Landlord may enter at any time and without notice. During such time as such work is being carried on, in or about the Leased Premises, the Rent
provided herein shall not abate. 
 13. Applicable Laws. Tenant agrees to comply with all Applicable Laws with
respect to the Building. Tenant will comply with the rules and regulations of the Building as adopted and altered by Landlord from time to time (including those attached hereto as Exhibit “D”) and will cause all of its employees,
agents, invitees and visitors to do so. Tenant shall not permit or cause any party to bring any Hazardous Material upon the Leased Premises or transport, store, use, generate, manufacture, dispose or release any Hazardous Material on or from the
Leased Premises. Tenant shall indemnify, defend and hold Landlord harmless from and against any losses, claims, demands, actions, suits, damages, expenses and costs which are brought or recoverable against Landlord as a result of any release of
Hazardous Material by Tenant, its agents, employees, contractors, subtenants, assignees or invitees. 
 14.
Default. 
 (a) The following events shall be deemed to be Events of Default by Tenant under this Lease:
(i) Tenant shall fail to pay any Rent pursuant to the terms hereof within ten (10) days after the due date thereof; or (ii) Tenant shall fail to comply with any term, provision, covenant or warranty made under this Lease by Tenant,
other than the payment of Rent payable by Tenant, and shall not cure such failure within ten (10) days after written notice thereof to Tenant; or (iii) any affirmative act of insolvency by Tenant, or the filing by Tenant of any petition or
action under any bankruptcy, reorganization, insolvency or moratorium law, or any other law or laws for the relief of, or relating to, debtors, or Tenant’s transfer in fraud of creditors or assignment for the benefit of creditors of all or
substantially all of Tenant’s assets; or (iv) the filing of any involuntary petition under any bankruptcy statute against Tenant (that fails to be dismissed within thirty (30) days of filing), or the appointment of any receiver or
trustee to take possession of the properties of Tenant; or (v) Tenant’s abandonment or vacation of any part of the Leased Premises, whether or not Tenant is in default of the Rent due under this Lease; or (vi) Tenant doing or
permitting to be done any act which results in a lien being filed against the Leased Premises and the same is not removed within sixty (60) days. 

(b) Upon the occurrence of an Event of Default, Landlord shall have the option to pursue any one or more of the following remedies
without any notice or demand whatsoever: (i) terminate this Lease, in which event Tenant shall immediately surrender the Leased Premises to Landlord and if Tenant fails to do so, Landlord may without prejudice to any other remedy which it may
have, enter upon and take possession of the Leased Premises and expel or remove Tenant, by force, if necessary, without being liable for prosecution or any claim of damages therefor; (ii) enter upon the Leased Premises by force, if necessary,
without being liable for prosecution or any claim of damages therefor, and do whatever Tenant is obligated to do under the terms of this Lease; (iii) without terminating this Lease unless

  

			
		  	 
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Landlord so notifies Tenant in writing, enter upon the Leased Premises, and, without court order or other process of law, take possession of and remove the equipment and personal property of
Tenant; (iv) exercise any other remedy permitted by law or at equity or by statute or otherwise; or (v) without terminating this Lease, enter upon the Leased Premises, expel or remove Tenant and relet the Leased Premises on behalf of
Tenant and receive directly the rent from the reletting and Tenant agrees to pay Landlord on demand any deficiency that may result from the reletting. Tenant agrees that Landlord shall not be liable for any damages resulting to Tenant from
Landlord’s enforcement of this Lease, whether caused by negligence of Landlord or otherwise (INCLUDING THE FAULT, NEGLIGENCE OR OTHER TORTIOUS CONDUCT, ACTS OR OMISSIONS OF LANDLORD OR ITS OFFICERS, DIRECTORS, EMPLOYEES, AGENTS OR INVITEES).
Pursuit of any of the foregoing remedies shall not preclude pursuit of any other remedy herein provided or any other remedy provided by law or at equity, nor shall pursuit of any remedy herein provided constitute an election of remedies thereby
excluding the later election of an alternate remedy, or a forfeiture or waiver of any Rent payable by Tenant and due to Landlord hereunder or of any damages accruing to Landlord by reason of violation of any of the terms, covenants, warranties and
provisions herein contained. Forbearance by Landlord to enforce one or more of the remedies herein provided upon an event of default shall not be deemed or construed to constitute a waiver of such default. Tenant agrees to pay to Landlord all costs
and expenses incurred by Landlord in the enforcement of this Lease or which Landlord may incur or suffer by reason of Tenant’s default or the termination of this Lease, including without limitation, the fees of Landlord’s attorneys,
reasonable reconfiguration expenses, rental concessions and other inducements to new tenants, advertising expenses and broker’s commissions. No waiver of any breach of the covenants, warranties, agreements, provisions, or conditions contained
in this Lease shall be construed as a waiver of said covenant, warranty, provision, agreement or condition or of any subsequent breach thereof. All rights, powers and privileges conferred hereunder upon the parties hereto shall be cumulative to, but
not restrictive of, or in lieu of those conferred by law. 
 15. Subordination and Estoppel Certificates. Tenant
agrees that this Lease and all rights of Tenant hereunder are and shall be subject and subordinate to any ground or underlying lease which may now or hereafter be in effect regarding the Leased Premises or any component thereof, to any Mortgage now
or hereafter encumbering the Leased Premises or any component thereof, to all advances made or hereafter to be made upon the security of such Mortgage, to all amendments, modifications, renewals, consolidations, extensions and restatements of such
Mortgage, and to any replacements and substitutions for such Mortgage. The terms of this provision shall be self-operative and no further instrument of subordination shall be required. Tenant, however, upon request of any party in interest, shall
execute and deliver within ten (10) days after request such instrument or certificates as may be reasonably required to carry out the intent hereof. If the interests of Landlord under this Lease shall be transferred to any purchaser by reason
of foreclosure or other proceedings for enforcement of any Mortgage, at the election of the purchaser, Tenant shall be bound to the purchaser under the terms and conditions of this Lease for the balance of the remaining Term. Tenant shall execute
and deliver within ten (10) days after request a statement certifying that the Tenant is in possession of the Leased Premises, the Leased Premises are acceptable, this Lease is in full force and effect and is unmodified, and such other matters
as requested by Landlord or Landlord’s Mortgagee. 
 16. Destruction; Condemnation. In no event shall
Landlord be liable for any loss or damage sustained by Tenant by reason of casualty. If a fire or other casualty causes damage to the Building or the Leased Premises, such that the time needed to rebuild or repair exceeds six (6) months from
the beginning of the restoration (as estimated by Landlord’s contractor), then either Landlord or Tenant may terminate this Lease by notice to the other party by no later than thirty (30) days after the date Landlord notifies Tenant in
writing of the estimated time needed to rebuild or repair the casualty damage. If the Lease is not terminable pursuant to the preceding sentence or, if it is so terminable and is not terminated within such thirty (30) day period, then Landlord
shall proceed with diligence to restore the condition of the Leased Premises to the condition as required under Exhibit “B”. Tenant agrees that if the Leased Premises or the Building are damaged by fire or other casualty caused by
the fault or negligence of Tenant or Tenant’s subtenants, assignees, employees, contractors or agents, Tenant shall have no option to terminate this Lease and the Rent shall not be abated during the repair period. If all or part of the Leased
Premises shall be taken for any public or quasi-public use by virtue of the exercise of the power of eminent domain or by private purchase in lieu thereof, this Lease shall terminate as to the part so taken as of the date of taking, and all
compensation awarded or paid to Landlord upon a total or partial taking of the Building or any portion thereof shall belong to and be the property of Landlord without any participation by Tenant. 

 

			
		  	 
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 17. Notices. All notices required or permitted to be given hereunder shall be
in writing and shall be deemed to have been fully given, whether actually received or not, when delivered in person, or deposited with an overnight commercial courier, or deposited, postage prepaid, in the United States Mail, certified, return
receipt requested, and addressed to Landlord or Tenant at their respective address set forth in Section 1 or at such other address as either party shall have theretofore given to the other by notice as provided above. 

18. Transfers by Landlord. Landlord shall have the right to transfer and assign, in whole or in part, all its rights and
obligations hereunder and in the Building, and Leased Premises, referred to herein, and in such event and upon such transfer Landlord shall be released from any further obligations hereunder, and Tenant agrees to look solely to such successor in
interest of Landlord for the performance of such obligations. 
 19. Removal of Personal Property. On or before
the expiration or earlier termination of this Lease, Tenant agrees to remove all of its personal effects from the Leased Premises and to deliver up the Leased Premises to Landlord in their original condition, ordinary wear and tear excepted, as at
the Commencement Date. If it shall not do so within such period, it shall be deemed to have abandoned such personal property and the same shall become the property of Landlord for Landlord to use, remove, destroy or otherwise dispose of at its
discretion and without responsibility for accounting to Tenant therefor. 
 20. Landlord’s Liability.
Landlord shall have no personal liability under this Lease; its liability shall be limited to its interest in the Building, and shall not extend to any other property or assets of Landlord. In no event shall any officer, director, employee, agent,
shareholder, partner, member or beneficiary of Landlord be personally liable for any of Landlord’s obligations hereunder. 

21. Mechanic’s Liens. Tenant will not permit any mechanic’s liens or other liens to be placed upon the Building,
Land or the Leased Premises and nothing in this Lease shall be deemed or construed in any way as constituting the consent or request of Landlord, express or implied, by inference or otherwise, to any person for the performance of any labor or the
furnishing of any materials to the Building, Land or to the Leased Premises or any portion thereof, nor as giving Tenant any right, power, or authority to contract for or permit the rendering of any services or the furnishing of any materials that
would give rise to any mechanic’s or other liens against the Building, Land or the Leased Premises. In the event any such lien is attached to the Building, Land or to the Leased Premises, then, in addition to any other right or remedy of
Landlord, Landlord may, but shall not be obligated to, discharge the same. Any amount paid by Landlord for any of the aforesaid purposes shall be paid by Tenant to Landlord on demand as Additional Rent. 

22. Miscellaneous. Landlord and Tenant each represents to the other that it has full power and authority to execute and
perform this Lease. This Lease shall be effective only upon execution hereof by Landlord and Tenant. Time is of the essence of this Lease and whenever a certain day is stated for payment or performance of any obligation of Tenant or Landlord, the
same enters into and becomes a part of the consideration hereof. If any clause or provision of this Lease is illegal, invalid or unenforceable under present or future laws, the remainder of this Lease shall not be affected thereby, and in lieu of
each clause or provision of this Lease which is illegal, invalid or unenforceable, there shall be added as a part of this Lease a clause or provision as nearly identical to the said clause or provision as may be legal, valid and enforceable. This
Lease contains the entire agreement of the parties and no representations, inducements, promises or agreements, oral or otherwise, between the parties not embodied herein shall be of any force or effect. No failure of Landlord to exercise any power
given Landlord hereunder, or to insist upon strict compliance by Tenant with any obligation of Tenant hereunder, and no custom or practice of the parties at variance with the terms hereof, shall constitute a waiver of Landlord’s right to demand
exact compliance with the terms hereof. This Lease may not be altered, waived, amended or extended except by an instrument in writing signed by Landlord and Tenant. The laws of the State of Texas shall govern the validity, performance and
enforcement of this Lease. The rights and interest of Tenant hereunder are and shall continue at all times to be subject, subordinate and junior in all respects to any conditional sale contract or security agreement, whether heretofore or
hereinafter executed by Landlord. The obligations of Tenant under this Lease shall survive the termination of this Lease. 
  

			
		  	 
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 23. Commissions. Landlord and Tenant each represent to the other that no
brokers, other than Landlord’s Broker and Tenant’s Broker, have been or will be involved in the negotiation of this Lease. Landlord will be responsible to pay the commission, if any, owed to Landlord’s Broker and Tenant’s Broker
pursuant to the terms of separate agreements. Landlord and Tenant hereby indemnify each other from any claims, losses, damages (including attorneys’ fees) resulting from a breach of the above representation. 

24. Landlord’s Lien. Tenant hereby grants to Landlord a continuing security interest for all Rent and other sums of
money becoming due under this Lease upon all goods, wares, equipment, fixtures, furniture, inventory, accounts, contract rights and other personal property of Tenant situated on or arising from the Leased Premises. In the Event of Default, Landlord
shall have, in addition to any other remedies provided in this Lease or by law, all rights and remedies under the Texas Uniform Commercial Code. Tenant agrees to execute such instruments necessary to perfect the security interest hereby created.

 25. General Indemnification; Indemnification Parameters. TENANT AGREES TO INDEMNIFY, DEFEND, AND HOLD HARMLESS
LANDLORD, AND LANDLORD’S AGENTS, EMPLOYEES AND CONTRACTORS (THE “INDEMNIFIED PARTIES”), FROM AND AGAINST ANY AND ALL CLAIMS, DEMANDS, LOSSES, LIABILITIES, CAUSES OF ACTION, SUITS, JUDGMENTS, DAMAGES, COSTS AND EXPENSES TO THE EXTENT
ARISING FROM ANY OCCURRENCE ON THE LEASED PREMISES, THE USE AND OCCUPANCY OF THE LEASED PREMISES, OR FROM ANY ACTIVITY DONE, PERMITTED OR SUFFERED BY TENANT IN OR ABOUT THE LEASED PREMISES. TENANT ACKNOWLEDGES THAT THIS LEASE CONTAINS PROVISIONS
RELEASING EACH INDEMNIFIED PARTY FROM LIABILITY AND/OR INDEMNIFYING AND HOLDING HARMLESS EACH INDEMNIFIED PARTY FOR, AMONG OTHER THINGS, INDEMNIFIED PARTY’S STRICT LIABILITY AND ITS OWN NEGLIGENCE. TENANT AGREES THAT THE RELEASE AND/OR
INDEMNITY PROVISIONS CONTAINED IN THIS LEASE ARE CAPTIONED TO CLEARLY IDENTIFY THE RELEASE AND/OR INDEMNITY PROVISIONS AND, THEREFORE, ARE SO CONSPICUOUS THAT TENANT HAS FAIR NOTICE OF THE EXISTENCE AND CONTENTS OF SUCH PROVISIONS. 

26. Financial Statements. Within fifteen (15) days following Landlord’s written request, Tenant will
provide to Landlord current, unaudited financial statements of Tenant, Tenant’s general partner and any guarantor of this Lease. Any unaudited financial statements shall be prepared in accordance with generally accepted accounting principles
consistently applied and certified to be true and correct by the chief financial officer of the entity providing such financial statements. Within fifteen (15) days following Tenant’s receipt of the final, annual audited financial
statements from Tenant’s (or Tenant’s general partner or any guarantor of this Lease) auditors, Tenant shall provide Landlord a copy of such audited financial statements. 

27. Parking. Landlord shall license vehicle parking spaces to Tenant and Tenant’s business on the terms and
conditions set forth in this Section 27. Landlord shall provide 42 vehicular parking spaces on an unreserved basis for Tenant and its employees on the surface parking facilities on the Property. In no event will Tenant, its employees,
agents, invitees or guests use any parking spaces beyond the amount allocated herein, and Tenant shall be responsible to ensure the compliance of this restriction. This license is for parking spaces in the general parking area to be designated and
redesignated from time to time by Landlord; provided, however, Landlord may require Tenant to park in a specific location. Landlord shall not be liable to Tenant for the failure of any of Landlord’s tenants, invitees, employees, agents or
customers or any third parties to comply with the designation of the parking spaces. This license is for parking only and does not include the rights to any additional services, which services may be made available by Landlord from time to time at
an additional charge. 
 28. Texas Property Code Section 93.012. Landlord and Tenant agree that each
provision of this Lease for determining charges, amounts and Additional Rent payable by Tenant is commercially reasonable and, as to each such charge or amount, constitutes a “method by which the charge is to be computed” for purposes of
Section 93.012 of the Texas Property Code (as same may be amended). 
  

			
		  	 
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 29. Texas Property Code Section 91.004. Tenant hereby waives any
statutory lien provided under Section 91.004 of the Texas Property Code (as same may be amended). 
 30. Prohibited
Persons and Transactions. Tenant represents and warrants that neither Tenant nor any of its affiliates, nor any of their respective partners, members, shareholders or other equity owners, and none of their respective employees,
officers, directors, representatives or agents is, nor will they become, a person or entity with whom U.S. persons or entities are restricted from doing business under regulations of the Office of Foreign Asset Control
(“OFAC”) of the Department of the Treasury (including those named on OFAC’s Specially Designated and Blocked Persons List) or under any statute, executive order (including the September 24, 2001, Executive Order
Blocking Property and Prohibiting Transactions with Persons Who Commit, Threaten to Commit, or Support Terrorism), or other governmental action and is not and will not Transfer this Lease to, contract with or otherwise engage in any dealings or
transactions or be otherwise associated with such persons or entities. 
 31. Waiver of Jury Trial.
Landlord and Tenant hereby waive any right to trial by jury in any claim, action, proceeding or counterclaim by either Landlord or Tenant (or any guarantor of Tenant’s obligations hereunder) against the other(s) pertaining to any matters
arising out of or in any way connected with this Lease, the relationship of Landlord and Tenant, or Tenant’s use of the Leased Premises. In the event that Tenant (and/or any guarantor of Tenant’s obligations hereunder) demands a jury trial
in connection with any of the foregoing matters, then Tenant shall be liable to Landlord for an amount equal to One Hundred Dollars ($100.00) per day (on account of the delay caused by such demand) for each day that trial of any such matter is
delayed by such jury trial demand. 
 32. Right of Refusal. Provided Tenant has not committed any Event of
Default under this Lease, prior to executing a lease of any tenant space which is adjacent to the Leased Premises (the “Refusal Space”) with a prospective tenant (other than Tenant or the then-current tenant or occupant thereof), Landlord
shall notify Tenant in writing of the availability of such space and the terms upon which Landlord is willing to lease such space to Tenant (“Notice of Intent to Lease”). If Tenant has an interest in leasing all or a portion of the Refusal
Space, Tenant shall, within ten (10) days of receipt of Landlord’s Notice of Intent to Lease, notify Landlord in writing of such interest. If (A) Landlord and Tenant are unable within twenty (20) days following Tenant’s
receipt of Landlord’s Notice of Intent to Lease to agree upon mutually acceptable lease terms, including (but not limited to) rental rates, (B) Tenant does not respond in writing to Landlord’s Notice of Intent to Lease within ten
(10) days of Tenant’s receipt of such notice, indicating Tenant’s desire to lease upon such terms, or (C) if within said ten (10) day period Tenant gives written notice to Landlord affirmatively stating it has no desire to
lease any of the Refusal Space at that time, Landlord shall be free to negotiate a lease with a third-party tenant under whatever terms it may offer and which will be accepted by such third-party tenant, in which event Tenant shall have no further
rights or privileges under this Section 32. Tenant may not exercise Tenant’s rights under this Section 32 if Tenant is not then occupying the entire Leased Premises. Tenant’s rights under this Section 32
shall terminate if (a) this Lease or Tenant’s right to possession of any of the Leased Premises is terminated or (b) Tenant assigns any of its interest in this Lease or sublets any portion of the Leased Premises. 

33. Counterparts. This Lease may be executed in multiple counterparts, each of which shall constitute an original
instrument, but all of which shall constitute one and the same agreement. 
 EXHIBITS: 

Exhibit “A” – Legal Description of the Land 

Exhibit “A-1” – Floor Plan of Leased Premises 

Exhibit “B” – Tenant Improvement Agreement 

Exhibit “C” – Renewal Option 

Exhibit “D” – Rules and Regulations 

(SIGNATURES ON FOLLOWING PAGE) 
  

			
		  	 
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 IN WITNESS WHEREOF, Landlord and Tenant have caused this Lease to be duly authorized,
executed, sealed and delivered as of the 8th day of September, 2009. 
  

									
	“Landlord”:	 		 	“Tenant”:
			
	JACKSON-SHAW / VISTA POINT	 		 	CAREVIEW COMMUNICATIONS, INC.,
	 LIMITED PARTNERSHIP,

a Texas limited partnership
	 		 	a Texas corporation
			
	By: Jackson-Shaw / Texas, Inc., General Partner	 		 	
					
		 		 		 	By:	 	/s/ John R. Bailey
	Name:	 	 	 		 	Name:	 	John R. Bailey
	Title:	 	Vice President	 		 	Title:	 	Chief Financial Officer

  

			
		  	 
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 EXHIBIT “A” 

LEGAL DESCRIPTION OF THE LAND 

BEING a 10.401 acre tract of land situated in the G. C. Woolsey Survey, Abstract No. 1402, in City of Lewisville, Denton County, Texas and being all
of Lot 4R-2 of the Final Plat of Vista Ridge, Lot 4R-1 & 4R-2, Block E, an Addition to the City of Lewisville, Denton County, Texas, recorded in Cabinet N, Pages 308 & 309, of the Plat Records of Denton County, Texas (P.R.D.C.T.), said
10.401 acre tract being more particularly described by metes and bounds as follows: 
 BEGINNING at a X cut set for the Southwest corner of said
Lot 4R-2 in the North R.O.W. line of Vista Ridge Boulevard (a variable width R.O.W.) recorded in County Clerk’s File No. 94-R0000002, of the Deed Records of Denton County, Texas (D.R.D.C.T.); 

THENCE North 11 degrees 40 minutes 43 seconds West, departing said north R.O.W. line, along the West line of said Lot 4R-2, a distance of 160.45 feet to
a 5/8” iron rod capped “Carter & Burgess” found for corner; 
 THENCE North 07 degrees 24 minutes 19 seconds West,
continuing along said West line, a distance of 723.49 feet (called 723.16 feet) to a 5/8” iron rod set capped “Carter & Burgess” set for the Northwest corner of said Lot 4R-2 and the common Southwest corner of Lot 4R-1, of
said Final Plat of Vista Ridge; 
 THENCE North 81 degrees 02 minutes 12 seconds East (called North 81 degrees 00 minutes 00 seconds East),
along the North line of said Lot 4R-2 and the common South line of said Lot 4R-1, a distance of 528.91 feet (called 528.92 feet) to the Northeast corner of said Lot 4R-2 and the common Southeast corner of said Lot 4R-1, in the West right-of-way
(R.O.W.) line of Rockbrook Drive (a 75’ R.O.W.) recorded in Cabinet N, Pages 134 & 135 and Cabinet F, Page 271, P.R.D.C.T.; 

THENCE along the East line of said Lot 4R-2 and the common West R.O.W. line of said Rockbrook Drive, the following two courses and distances: 

Along a curve to the left having a radius of 1600.92 feet, a delta angle of 15 degrees 36 minutes 15 seconds, a long chord that bears South 29 degrees 33
minutes 07 seconds East a distance of 434.66 feet, an arc length of 436.00 feet to a 5/8” iron rod capped “Carter & Burgess” set for corner; 

South 37 degrees 21 minutes 15 seconds East a distance of 90.87 feet to a 5/8” iron rod capped “Carter & Burgess” set for the
Northeast corner of a corner clip of the intersection of the West R.O.W. line of said Rockbrook Drive and the North R.O.W. line of said Vista Ridge Boulevard; 

THENCE South 07 degrees 38 minutes 45 seconds West, along said corner clip, a distance of 14.84 feet to a 5/8” iron rod capped
‘Carter & Burgess” set for the Southwest corner of said corner clip; 
 THENCE along the North right-of-way line of said
Vista Ridge Boulevard the following courses and distances: 
 South 52 degrees 38 minutes 45 seconds West, a distance of 225.67 feet to a
5/8” iron rod capped “Carter & Burgess” set for corner; 
 Along a curve to the right having a radius of 238.00 feet, a
delta angle of 12 degrees 34 minutes 41 seconds, a long chord that bears South 58 degrees 56 minutes 06 seconds West a distance of 52.14 feet, an arc distance of 52.25 feet to a 5/8” iron rod capped “Carter & Burgess” set for
corner; 
 Along a curve to the left having a radius of 262.00 feet, a delta angle of 12 degrees 34 minutes 41 seconds, a long chord that bears
South 58 degrees 56 minutes 06 seconds West a distance of 57.40 feet, an arc distance of 57.52 feet to a 5/8” iron rod capped “Carter & Burgess” set for corner; 

 

			
		  	 
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 South 52 degrees 38 minutes 45 seconds West, a distance of 154.00 feet to a 5/8” iron rod capped
“Carter & Burgess” set for corner; 
 South 07 degrees 38 minutes 45 seconds West, a distance of 16.97 feet to a 5/8”
iron rod capped “Carter & Burgess” set for corner; 
 South 52 degrees 38 minutes 45 seconds West, a distance of 22.57 feet
to a 5/8” iron rod capped “Carter & Burgess” set for corner; 
 Along a curve to the right having a radius of 238.00
feet, a delta angle of 12 degrees 34 minutes 41 seconds, a long chord that bears South 58 degrees 56 minutes 06 seconds West a distance of 52.14 feet, an arc distance of 52.25 feet to a 5/8” iron rod capped “Carter & Burgess’
set for corner; 
 Along a curve to the left having a radius of 262.00 feet, a delta angle of 12 degrees 34 minutes 41 seconds, a long chord
that bears South 58 degrees 56 minutes 06 seconds West a distance of 57.40 feet, an arc distance of 57.52 feet to a 5/8” iron rod capped “Carter & Burgess” set for corner; 

South 52 degrees 38 minutes 45 seconds West, a distance of 194.49 feet to the POINT OF BEGINNING containing 10.401 acres of land, more or less.

  

			
		  	 
		  	Landlord
	18	  	
		  	 
		  	Tenant

 EXHIBIT “A-1” 

FLOOR PLAN OF LEASED PREMISES 

 

 

  

			
		  	 
		  	Landlord
	19	  	
		  	 
		  	Tenant

 EXHIBIT “B” 

TENANT IMPROVEMENT AGREEMENT 

1. Tenant will be responsible for all improvements to be made to the Leased Premises, including painting and carpeting (the
“Tenant Improvements”). Prior to undertaking any of the Tenant Improvements, Tenant shall receive Landlord’s approval of the specifications of the Tenant Improvements (including the defined scope of work and quality and color
of materials). Subject to the provisions of this Exhibit “B”, Landlord will contribute toward the cost of the Tenant Improvements up to but not in excess of $42,312.00 (the “Tenant Improvement Allowance”). If the
Tenant Improvement Allowance is insufficient to pay for the Tenant Improvements to be done, Tenant shall pay such excess. 
 2.
The Tenant Improvements shall be performed only by contractors and subcontractors approved in writing by Landlord. All contractors and subcontractors shall be required to procure and maintain insurance against such risks, in such amounts, and with
such companies as Landlord may reasonably require. Certificates of such insurance, with paid receipts therefor, must be received by Landlord before the Tenant Improvements is commenced. The Tenant Improvements shall be performed in a good and
workmanlike manner in accordance with the specifications approved by Landlord. All contractors and subcontractors shall contact Landlord and schedule time periods during which they may use Building facilities in connection with the Tenant
Improvements (e.g., elevators, excess electricity, etc.). 
 3. Landlord shall provide to Tenant the Tenant Improvement
Allowance equal to the lesser of (a) $42,312.00 or (b) the total cost to complete the Tenant Improvements; however, Tenant shall not become entitled to payment of the Tenant Improvement Allowance until the expiration of eighteen
(18) months after the Commencement Date, the payment of which is expressly conditioned upon there being no existing Event of Default and each of the following having occurred: (i) the Tenant Improvements have been completed in the manner
required by this Exhibit “B”; (ii) Landlord has inspected the Tenant Improvements and approved the same as having been completed; and (iii) Tenant has caused to be delivered to Landlord all invoices from contractors,
subcontractors, and suppliers evidencing the cost of performing the Tenant Improvements, together with lien waivers from such parties and such other items as Landlord’s lender may reasonably request. 

 

			
		  	 
		  	Landlord
	20	  	
		  	 
		  	Tenant

 EXHIBIT “C” 

RENEWAL OPTION 

Subject to the terms and conditions of this Exhibit, Tenant may at its option extend the Term for the entire Leased Premises for one
(1) period of three (3) years (“Renewal Term”) upon the same terms contained in this Lease. Tenant shall have no additional Renewal Option. 

A. The Base Rent during the Renewal Term shall be the greater of (i) the Base Rent at the end of the existing Term or (ii) the
then prevailing market rate for a comparable term commencing on the first day of the Renewal Term for tenants of comparable size and creditworthiness for comparable space in the Building and other first class office buildings in the general vicinity
of the Building as reasonably determined by Landlord, and Tenant shall not be entitled to any rental abatement or other concessions. 

B. To exercise its option, Tenant must deliver an initial non-binding notice to Landlord not less than four (4) months prior to the
proposed commencement of the Renewal Term and not more than nine (9) months prior to the proposed commencement of the Renewal Term. Within thirty (30) days after Landlord’s receipt of Tenant’s initial non-binding notice, Landlord
shall calculate and inform Tenant of the Base Rent for the Leased Premises. Landlord and Tenant shall work together in good faith to agree upon the Base Rent. Within fifteen (15) days after the date on which Landlord advises Tenant of the
applicable Base Rent, Tenant shall either (i) give Landlord final binding written notice (“Binding Notice”) of Tenant’s exercise of its Renewal Term at the Base Rent determined by Landlord or (ii) if Tenant disagrees with
Landlord’s determination, provide Landlord with written notice of rejection (the “Rejection Notice”). If Tenant fails to provide Landlord with either a Binding Notice or a Rejection Notice, within such fifteen (15) day period,
Tenant will be deemed to have waived its option to extend. If Tenant provides Landlord with a Rejection Notice, Tenant will be deemed to have waived its option to extend. 

C. Tenant’s option to extend this Lease is subject to the conditions that: (i) on the date that Tenant delivers its final
binding notice exercising its option to extend, Tenant is not in default under this Lease after the expiration of any applicable notice and cure periods, and (ii) Tenant shall not have assigned this Lease, or sublet any portion of the Leased
Premises under a sublease which is in effect at any time during the final twelve (12) months prior to the Renewal Term. 

D. Tenant agrees to provide Landlord with financial statements evidencing Tenant’s (and any guarantor’s) financial condition
and to provide additional security if reasonably requested by Landlord. 
 E. Upon Tenant’s exercise of the renewal option,
Tenant agrees to convert to Landlord’s Standard Lease form. 
  

			
		  	 
		  	Landlord
	21	  	
		  	 
		  	Tenant

 EXHIBIT “D” 

RULES AND REGULATIONS 

The following Rules and Regulations are prescribed by Landlord in order to provide and maintain, to the best of Landlord’s ability,
orderly, clean and desirable Leased Premises, building and parking facilities for the tenants therein and to regulate conduct in and use of the Leased Premises, the Building and parking facilities in such a manner as to minimize interference by
others in the proper use of the Leased Premises by Tenant. All references to Tenant include not only the Tenant, but also Tenant’s agents, employees, invitees, licensees, visitors, assignees, and/or sublessees: 

1. Tenant shall not block or obstruct any of the entries, passages, or doors of the Building or parking area, or place, empty, or throw
rubbish, litter, trash, or material of any nature into such areas, or permit such areas to be used at any time except for ingress or egress of Tenant. 

2. Landlord will not be responsible for lost or stolen personal property, equipment, money, or any article taken from the Leased
Premises, Building, or parking facilities regardless of how or when loss occurs. 
 3. The plumbing facilities shall not be used
for any other purpose than that of which they are constructed, and no foreign substance of any kind shall be placed therein, and the expense of any breakage, stoppage, or damage resulting from a violation of this provision by Tenant or its employees
shall be borne by Tenant. 
 4. Any additional keys or locks required by Tenant during the term of the Lease shall be the
Tenant’s responsibility. 
 5. The common parking facilities are available for use by any and all tenants. Landlord
reserves the right, in Landlord’s sole discretion, to assign or allocate parking in the event of conflicts, abuse, or improper use. It is generally understood that any tenant should utilize only those parking spaces immediately adjacent to the
tenant’s leased premises. 
 6. Vehicles that are abandoned, disabled, have expired registration stickers, obstructing any
means of ingress or egress to any leased premises, or in any way a general nuisance or hazard are subject to removal without notice by Landlord. All costs associated with such removal shall be at the Tenant’s/vehicle owner’s expense.

  

			
		  	 
		  	Landlord
	22	  	
		  	 
		  	Tenant

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