Document:

EXHIBIT 10.12.1

FIRST AMENDMENT TO OFFICE LEASE
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This First Amendment to Office Lease (this “Amendment”) is made and entered into as of the 30th day of November 2021, but effective as of June 29, 2019 (the “Effective Date”) by and among SPC PARK PLAZA PARTNERS LLC, a Texas limited liability company (“SPC”), DIAMOND HILLCREST, LLC, a Texas limited liability company (“Diamond”), HTH HILLCREST PROJECT LLC, a Texas limited liability company (“HTH Hillcrest” and together with SPC and Diamond, collectively, “Landlord”) and HILLTOP HOLDINGS INC., a Maryland corporation (“Tenant”).  Each initially capitalized term used but not otherwise defined herein shall have the meanings assigned to it in the Lease (hereinafter defined).
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W I T N E S S E T H:
WHEREAS, Landlord and Tenant have heretofore executed and entered into that certain Office Lease (the “Lease”) dated as of July 31, 2018, concerning Tenant's lease from Landlord of office space at the Building (therein and herein referred to as “the Premises”); and
WHEREAS, Landlord and Tenant now desire to amend the Lease to the extent and as provided in this Amendment.
NOW, THEREFORE, for and in consideration of Ten Dollars ($10.00) and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, Landlord and Tenant hereby agree as follows:
1.Section 1. C. of the Lease is hereby deleted in its entirety and the following is substituted therefor:
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“C.“Premises”:  The area shown on Exhibit A-1 to this Lease, as follows:
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The aggregate “Rentable Square Footage of the Premises” is approximately 69,062 square feet of Rentable Square Footage.  Tenant shall have the right to expand or contract the size of the Premises as provided in Riders No. 1 and 3 attached hereto.”  
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2.Section 1. D. of the Lease is hereby deleted in its entirety and the following is substituted therefor:
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“C.“Base Rent”:
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*CD = Commencement Date
ED = Expiration Date
Commencement Date through Month 11 = “Abated Rent Period”
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3.Section 1. M. the Lease is hereby deleted in its entirety and the following is substituted therefor:
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“M. “Notice Address”:
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Tenant:  Notices shall be sent to Tenant, as follows:
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	Tenant:
Hilltop Holdings Inc.
6565 Hillcrest Ave., Suite 300
University Park, Texas 75205
Attn: Lisa Loreto, Senior Vice President
(469) 718-4620
Email: Lisa.Loreto@hilltop-holdings.com
	With copy to:
SRS-Cresa Lease Administration
c/o Hilltop Holdings Inc.
15660 North Dallas Parkway, Suite 1200
Dallas, Texas  75248
Attn: Real Estate Administrator
	And to:
Bracewell LLP
1445 Ross Avenue, Suite 3800
Dallas, Texas 75202
Attn: K. Brock Bailey
(214) 758-1076
Email: Brock.Bailey@bracewell.com

 
Landlord: Notices shall be sent to Landlord, as follows:
 
	Landlord:
SPC Park Plaza Partners LLC
c/o First American Exchange Company
215 South State Street, Suite 380
Salt Lake City, UT 84111
Tel.:  (866) 516-1031
Email: mbullock@firstam.com
	With a copy to:
Kane Russell Coleman Logan PC
1601 Elm Street, Suite 3700
Dallas, Texas 75201
Attn: Raymond J. Kane
(214) 777-4290
Email: rkane@krcl.com
	 

	 
	 
	 

	Diamond Hillcrest, LLC
6565 Hillcrest, 6th Floor
Dallas, Texas 75205
Attn:  Gary Shultz
Tel.:  (214) 871-5151
Email: gshultz@diamond-a.com
	Haynes and Boone, LLP
2323 Victory Avenue, Suite 700
Dallas, Texas 75219
Attn:  William C. Wilshusen
Tel.:  (214) 651-5595
Email: William.wilshusen@haynesboone.com
	 

	 
	 
	 

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	HTH Hillcrest Project LLC
6565 Hillcrest Avenue
Dallas, Texas 75205
Attn:  Corey G. Prestidge
Tel.:  (214) 525-4647
Email: cprestige@hilltop-holdings.com
	Bracewell LLP
1445 Ross Avenue, Suite 3800
Dallas, Texas 75202
Attn: K. Brock Bailey
(214) 758-1076
Email: Brock.Bailey@bracewell.com”
	

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4.Exhibit A-1 to the Lease is hereby deleted in its entirety and Exhibit A-1 attached to this Amendment is substituted therefor.
5.Each of Tenant and Landlord hereby agree and acknowledge that, except as expressly provided in this Amendment, the Lease remains in full force and effect and has not been modified or amended in any respect, it being the intention of each of Tenant and Landlord that this Amendment and the Lease be read, construed and interpreted as one and the same instrument.  To the extent that any conflict exists between this Amendment and the Lease, the terms of this Amendment shall control and govern.  Notwithstanding anything in this Amendment to the contrary, Landlord hereby acknowledges and agrees that nothing in this Amendment shall effect in any manner, by waiver, estoppel or otherwise, Tenant’s rights under Section 3.F. of the Lease.
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6.This Amendment may be executed in any number of counterparts, each of which shall be deemed an original but all of which together shall constitute one and the same instrument.  This Amendment will become effective when one or more counterparts have been signed by each of the parties and delivered to the other parties.  For purposes of determining whether a party has signed this Amendment or any document contemplated hereby or any amendment or waiver hereof, only a handwritten original signature on a paper document or a facsimile or portable document format (pdf) copy of such a handwritten original signature shall constitute a signature, notwithstanding any law relating to or enabling the creation, execution or delivery of any contract or signature by electronic means.
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SIGNATURE PAGE FOLLOWS
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IN WITNESS WHEREOF, each of Tenant and Landlord has executed this Amendment as of the day and year first above written.
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TENANT:
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HILLTOP HOLDINGS INC.,
a Maryland corporation
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By:/s/ DARREN PARMENTER​ ​​ ​
Name:Darren Parmenter
Title:Chief Administrative Officer
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LANDLORD:
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SPC PARK PLAZA PARNTERS LLC,
a Texas limited liability company
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By:/s/ JIM STRODE​ ​​ ​​ ​
Name:Jim Strode
Title:Manager
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DIAMOND HILLCREST, LLC,
a Texas limited liability company
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By:/s/ GARY SHULTZ​ ​​ ​​ ​
Name:Gary Shultz
Title:Vice President
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HTH HILLCREST PROJECT LLC,
a Texas limited liability company
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By:/s/ COREY G. PRESTIDGE​ ​​ ​
Name:Corey G. Prestidge
Title:Vice President
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EXHIBITS INTENTIONALLY OMITTED

​EXHIBIT 10.13.1
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FIRST AMENDMENT TO RETAIL LEASE
This First Amendment to Retail Lease (this "Amendment") is made and entered as of the 16th day of December 2021, but effective as of August 1, 2019 (the "Effective Date"), by and between SPC PARK PLAZA PARTNERS LLC, a Texas limited liability company, DIAMOND HILLCREST, LLC, a Texas limited liability company, and HTH HILLCREST PROJECT, LLC, a Texas limited liability company, as co-owners (collectively, "Landlord"), and PLAINSCAPITAL BANK, a Texas chartered bank ("Tenant").
W I T N E S S E T H:
WHEREAS, Landlord and Tenant have executed and entered into that certain Retail Lease (the "Lease"), dated as of July 27, 2018, concerning certain premises known as Suite 100 on the 1st floor of the building located at 6565 Hillcrest Avenue in University Park, Texas; and
WHEREAS, Landlord and Tenant now desire to amend the Lease to the extent and as provided in this Amendment.
NOW, THEREFORE, for and in consideration of Ten Dollars ($10.00) and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledge, Landlord and Tenant hereby agree as follows:
1.
(a)The Lease is hereby amended to provide that the Premises under the Lease shall include not only the area located on the 1st floor of the Building designated as Suite 100, but also a proportionate share of the areas located on the first floor of the Building that are designated as Common Areas.  As a result, the Lease is hereby amended to provide that the Rentable Square Footage of the Premises is approximately 4,657 (and not 4,098) square feet of Rentable Square Footage.  Any reference in the Lease to 4,098 RSF is hereby deleted and 4,657 RSF shall be substituted therefor.
(b)In particular, but without limitation, Section 1.C and Section 1.D of the Lease are hereby deleted in their entirety and the following is substituted therefor:
"C."Premises":  The area shown on Exhibit A-1 to this Lease, as follows:
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	Floor
	Suite Number
	Rentable
Square
Footage

	First
	100
	4,657

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The square footage of the Premises is deemed to be 4,098 square feet plus the allocable portions of the amount of Common Areas of the Project, for a total "Rentable Square Footage" of the Premises of 4,657 square feet.  Promptly upon approval of Tenant's Plans (defined in Exhibit D) and prior to Tenant's application for permits for the Tenant Work, Landlord and Tenant shall remeasure the square footage of the Premises shown in the Approved Construction Documents (defined in Exhibit D) in accordance with BOMA ANSI Z65.1-2017 measurement standards.  Upon Tenant's written request, Tenant shall have the right within sixty (60) days of Substantial Completion of the Tenant Work (as defined in Exhibit D) to again remeasure the Premises in accordance with the aforesaid measurement standards, "Substantial Completion" of the Tenant Work being certified in and the date of Substantial Completion of the Tenant Work being the date established in a certificate of Substantial Completion issued by Tenant's architect.  In the event any adjustment of the Rentable Square Footage is made as a result of any such remeasurement, the Rentable Square Footage, the Base Rent, the OE Payment payable under this Lease, the parking permits made available to Tenant and any other terms based on the square footage or the Rentable Square Footage of the Premises shall be adjusted accordingly. The necessary adjustments, if any, shall be reflected in the Memorandum of Commencement Date and Square Footage attached hereto in the form of Exhibit B.
D."Base Rent":  Based on 4,657 RSF and subject to recalculation of Monthly Base Rent if the square footage of the Premises is revised pursuant to Section 1.C.
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	Period
	Annual Base 
Rent Rate Per
Rentable Square Foot
	Monthly
Base Rent

	CD* through Month 9*
	$0.00
	$0.00

	Month 10 through Month 21
	$75.00
	$29,106.25

	Month 22 through Month 33
	$76.13
	$29,544.78

	Month 34 through Month 45
	$77.27
	$29,987.20

	Month 46 through Month 57
	$78.43
	$30,437.38

	Month 58 through Month 69
	$79.60
	$30,891.43

	Month 70 through Month 81
	$80.80
	$31,357.13

	Month 82 through Month 93
	$82.01
	$31,826.71

	Month 94 through Month 105
	$83.24
	$32,304.06

	Month 106 through Month 117
	$84.49
	$32,789.16

	Month 118 through ED*
	$85.75
	$33,278.15

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*CD = Commencement Date
ED = Expiration Date
Commencement Date through Month 9 = "Abated Rent Period"
2.This Amendment is binding upon and shall inure to the benefit of Landlord and Tenant and their respective successors and permitted assigns.
3.Except as expressly amended by this Amendment, the Lease is in full force and effect.
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4.This Amendment may be executed in any number of counterparts, each of which shall be deemed an original, and all of such counterparts shall constitute one agreement.  To facilitate execution of this Amendment, the parties may execute and exchange facsimile or e-mailed counterparts of the signature pages and such counterparts shall serve as originals.
Executed and effective as of the Effective Date.
LANDLORD:
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SPC PARK PLAZA PARTNERS LLC,
a Texas limited liability company, as Co-Owner Manager
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By    /s/ JIM STRODE
Name: Jim Strode
Its:  Manager
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TENANT:
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PLAINSCAPITAL BANK, a Texas chartered bank
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By:  /s/ JERRY SCHAFFNER
Name:  Jerry Schaffner
Title:    President & CEO

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