Document:

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                                                                   Exhibit 10.15

                                COMMERCIAL LEASE
                                    LONG TERM

                                    LEASE NO.

                                    03-53542

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                                TABLE OF CONTENTS
                            COMMERCIAL LEASE 03-53542

<TABLE>
<S>                                                                               <C>
ARTICLE 1 .....................................................................    1
     DEFINITIONS ..............................................................    1
          1.1     Affiliated Entity ...........................................    1
          1.2     Date of Determination .......................................    1
          1.3     Change in Use ...............................................    1
          1.4     Default .....................................................    1
          1.5     Department ..................................................    1
          1.6     Impositions .................................................    1
          1.7     Improvements ................................................    2
          1.8     Interest Rate ...............................................    2
          1.9     Leasehold Mortgagee .........................................    2
          1.10    Parcel ......................................................    2
          1.11    Premises.....................................................    2
          1.12    Rent ........................................................    2
          1.13    CPI .........................................................    2
          1.14    Current Appraised Land Value ................................    2
          1.15    Aggregate CPI ...............................................    2
          1.16    Adjustment Differential .....................................    2
          1.17    Adjustment Percentage .......................................    2

ARTICLE 2 .....................................................................    3
     PARCEL ...................................................................    3
          2.1     Definition ..................................................    3
          2.2     Condition ...................................................    3

ARTICLE 3 .....................................................................    3
     TERM .....................................................................    3
          3.1     Commencement; Expiration ....................................    3
          3.2     Extension ...................................................    3

ARTICLE 4 .....................................................................    4
     RENT .....................................................................    4
          4.1     Annual Rent .................................................    4
          4.2     Base Rent ...................................................    4
          4.3     Adjustment of Land Value ....................................    4
          4.4     Additional Rent Applicable to Unforeseen Development ........    5
          4.5     Interest; Penalty ...........................................    6
          4.6     Notice and Demand ...........................................    6
</TABLE>

                                       i

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<TABLE>
<S>                                                                               <C>
          4.7     Extension ...................................................    6
          4.8     Sublease to Affiliated Entity; Imputed Rent .................    6
          4.9     Prepaid Rent ................................................    6
          4.10    Proration of Rent ...........................................    7

ARTICLE 5 .....................................................................    8
     ADDITIONAL AMOUNTS .......................................................    8
          5.1     Definition ..................................................    8
          5.2     Payment .....................................................    8
          5.3     Evidence ....................................................    8
          5.4     Interest ....................................................    8
          5.5     Taxes .......................................................    8

ARTICLE 6 .....................................................................    9
     USE AND OCCUPANCY OF PREMISES ............................................    9
          6.1     Uses ........................................................    9
          6.2     Artifacts ...................................................    9
          6.3     Native Plants ...............................................    9
          6.4     Waste; Conformity to Law ....................................    9
          6.5     Minerals ....................................................    9
          6.6     Quiet Enjoyment .............................................   10
          6.7     Inspection ..................................................   10
          6.8     Surrender ...................................................   10
          6.9     Zoning ......................................................   10
          6.10    Change in Use ...............................................   10
          6.11    Trespass ....................................................   10
          6.12    Repair and Maintenance ......................................   10

ARTICLE 7 .....................................................................   11
     EASEMENTS AND DEDICATIONS ................................................   11
          7.1     Public Use Interests ........................................   11
          7.2     Temporary, Non-Exclusive Easements ..........................   11
          7.3     Reservations ................................................   11

ARTICLE 8 .....................................................................   12
     RECORDS ..................................................................   12
          8.1     Record Keeping; Inspection ..................................   12

ARTICLE 9 .....................................................................   12
     CONSTRUCTION AND IMPROVEMENTS ............................................   12
          9.1     Definitions .................................................   12
          9.2     Prior Approval ..............................................   12
</TABLE>

                                       ii

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<TABLE>
<S>                                                                               <C>
          9.3     Utilities; New Construction ................................    13
          9.4     Annual Statement ...........................................    13
          9.5     Ownership ..................................................    13
          9.6     Subleases ..................................................    13
          9.7     Insurance Proceeds .........................................    14
          9.8     Reimbursement; Amortization ................................    14
          9.9     Removal ....................................................    14
          9.10    Use and Removal of Water ...................................    14
          9.11    Improvements Dedicated to Public Use .......................    14

ARTICLE 10....................................................................    15
     LIENS ...................................................................    15
          10.1    Payment; Indemnity .........................................    15
          10.2    Notice .....................................................    15
          10.3    Contest ....................................................    15

ARTICLE 11....................................................................    15
     INSURANCE AND INDEMNITY .................................................    15
          11.1    Indemnity ..................................................    15
          11.2    Policies ...................................................    16
          11.3    Amounts ....................................................    16
          11.4    Blanket Policy .............................................    16
          11.5    Copies .....................................................    16

ARTICLE 12....................................................................    17
     DAMAGE ..................................................................    17
          12.1    Lessee's Obligations .......................................    17

ARTICLE 13....................................................................    17
     TRADE FIXTURES AND PERSONAL PROPERTY ....................................    17
          13.1    Personal Property ..........................................    17

ARTICLE 14....................................................................    17
     ASSIGNMENTS AND SUBLEASES ...............................................    17
          14.1    Financing ..................................................    17
          14.2    Other Assignments ..........................................    17
          14.3    Subleases ..................................................    18
          14.4    Attornment .................................................    18

ARTICLE 15 ...................................................................    19
     CONDEMNATION ............................................................    20
          15.1    Definition; Division .......................................    20
</TABLE>

                                       iii

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<TABLE>
<S>                                                                               <C>
          15.2    Termination ................................................    20
          15.3    No Termination .............................................    21
          15.4    Temporary Taking ...........................................    21

ARTICLE 16 ...................................................................    21
     LESSOR'S RIGHT TO PERFORM AND INSPECT ...................................    21
          16.1    Right ......................................................    21
          16.2    Inspection .................................................    22

ARTICLE 17 ...................................................................    22
     DEFAULT AND REMEDIES ....................................................    22
          17.1    Events .....................................................    22
          17.2    Remedies ...................................................    23
          17.3    Waiver .....................................................    24

ARTICLE 18....................................................................    24
     HOLDING OVER ............................................................    24
          18.1    No Holding over ............................................    24

ARTICLE 19 ...................................................................    25
     MORTGAGES ...............................................................    25
          19.1    Definition .................................................    25
          19.2    Filing .....................................................    25
          19.3    Preconditions ..............................................    25
          19.4    Conditions .................................................    25
          19.5    Limitations ................................................    29

ARTICLE 20 ...................................................................    29
     ENVIRONMENTAL MATTERS ...................................................    29
          20.1    Definition of Regulated Substances and Environmental Laws ..    29
          20.2    Compliance with Environmental Laws .........................    30
          20.3    Designated Compliance Officer ..............................    30
          20.4    Audit ......................................................    30
          20.5    Environmental Assessment ...................................    30
          20.6    Indemnity for Environmental Damage .........................    31
          20.7    Scope of Indemnity .........................................    31
          20.8    Lessee's Participation in the Defense ......................    31
          20.9    Restoration ................................................    31

ARTICLE 21 ...................................................................    32
     ARBITRATION .............................................................    32
          21.1    Jurisdiction ...............................................    32
</TABLE>

                                       iv

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<TABLE>
<S>                                                                               <C>
          21.2    Request ....................................................    32
          21.3    Rules ......................................................    32
          21.4    Decision ...................................................    32
          21.5    Fees .......................................................    32
          21.6    Injunctive Relief ..........................................    33
          21.7    Mandatory Arbitration ......................................    33

ARTICLE 22 ...................................................................    33
     MUTUAL CANCELLATION .....................................................    33
          22.1    Mutual Cancellation ........................................    33
          22.2    Lessee's Termination .......................................    33
          22.3    Proration of Rent ..........................................    33

ARTICLE 23 ...................................................................    34
     MISCELLANEOUS ...........................................................    34
          23.1    Rights .....................................................    34
          23.2    Binding Effect .............................................    34
          23.3    No Partnership .............................................    34
          23.4    Quitclaim Upon Termination .................................    34
          23.5    Titles .....................................................    34
          23.6    Notices ....................................................    34
          23.7    No Promise To Sell .........................................    35
          23.8    Cancellation ...............................................    35
          23.9    Applicable Law .............................................    35
          23.10   Amendment ..................................................    35
          23.11   Attorneys' Fees ............................................    35
          23.12   Execution ..................................................    35
          23.13   Severability ...............................................    35
          23.14   Mortgagee Request ..........................................    35
          23.15   Memorandum .................................................    36
          23.16   Cooperation ................................................    36
          23.17   Construction ...............................................    36
          23.18   Governing Law ..............................................    36
</TABLE>

                                        v

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                          COMMERCIAL LEASE NO. 03-53542

                          ARIZONA STATE LAND DEPARTMENT

     THIS COMMERCIAL LEASE is entered into by and between the State of Arizona
(as "Lessor" acting by and through the Arizona State Land Department) and
Failure Analysis Associates, Inc. (as "Lessee"). In consideration of the payment
of Rent and the performance by the parties of each of the provisions set forth
herein, the parties agree as follows:

                                    ARTICLE I
                                   DEFINITIONS

     1.1 Affiliated Entity. An Affiliated Entity for purposes of this lease
shall mean a partnership, corporation, trust or other legal entity controlled by
or under common control of Lessee. "Control," for these purposes, shall mean
ownership of at least 25% of the stock, interest in profits, or beneficial
interest.

     1.2 Date of Determination. The fifth, tenth, fifteenth, twentieth and
twenty-fifth anniversaries of the commencement date.

     1.3 Change in Use. A change in the use of the Premises from a Permitted Use
as defined in Paragraph 6.1 to a use which is not a Permitted Use as defined in
Paragraph 6.1.

     1.4 Default As defined in Paragraph 17.1.

     1.5 Department. The Arizona State Land Department and any successor agency,
board or commission.

     1.6 Impositions. All assessments and charges for utilities and
communication services, all assessments imposed pursuant to the development,
construction and operation of any project on the Parcel, all license, permit and
other authorization fees, all taxes, duties, charges and assessments of every
kind and nature imposed by any public or governmental authority pursuant to any
current or subsequently enacted law, ordinance, regulation or order which during
the Term of the Lease become due, or imposed upon, charged against, measured by
or become a lien on (a) the Parcel; (b) any Improvements or personal property of
the Lessee located on the Parcel; (c) the interest of the Lessee in this Lease
or in the proceeds received by Lessee from any assignments and/or subleases of
the Premises.

                                       1

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     1.7 Improvements. As defined in Paragraph 9.1.

     1.8 Interest Rate: The rate of interest established pursuant to A.R.S.
(S) 37-241 (D) or any successor statute.

     1.9 Leasehold Mortgagee. As defined in Paragraph 19.1.

     1.10 Parcel. As defined in Paragraph 2.1.

     1.11 Premises. The Parcel together with all rights and easements
appurtenant thereto as expressly granted by this Lease, Improvements, temporary
or portable structures, and personal property located on, below or above the
Parcel.

     1.12 Rent. "Rent" means Annual Rent, Base Rent, Percentage Rent, or any
combination thereof, including any and all payments required by Lessee to
Lessor.

     1.13 CPI. "CPI" shall mean the revised Consumer Price Index, U.S. City
Average for all Urban Consumers--All Items (1982-1984 equals 100) for the
pertinent month, issued by the Bureau of Labor Statistics of the U.S. Department
of Labor. If the CPI shall hereafter be converted to a different standard
reference base or otherwise revised, adjustments of rent based upon the CPI
shall be made with the use of such conversion factor, formula or table for
converting the CPI as may be published by the Bureau of Labor Statistics, or if
said Bureau shall not publish the same, then with the use of such conversion
factor, formula or table as may be published by any nationally recognized
publisher of similar statistical information. If the CPI shall cease to be
published, there shall be substituted therefore such index as Lessor selects a
reasonable substitute.

     1.14 Current Appraised Land Value. Current Appraised Land Value shall mean
the land Value, as adjusted pursuant to the terms of this Lease.

     1.15 Aggregate CPI. Aggregate CPI shall mean the cumulative total CPI over
the previous five years preceding the current Date of Determination, to the
nearest one-tenth (1/10) of one percent (0.1%).

     1.16 Adjustment Differential. Adjustment Differential shall mean the number
resulting from the difference between the Aggregate CPI subtracted from one (1),
if the Aggregate CPI is greater than that of the previous five (5) years, except
as provided in Paragraph 4.3 (d). If the Aggregate CPI is equal to or less than
that of the previous five (5) years, the Adjustment Differential shall be one
hundred percent (100%).

     1.17 Adjustment Percentage. Adjustment Percentage shall mean the product of
the Adjustment Differential multiplied by the Aggregate CPI, rounded to the
nearest ten thousandth (1/100 of 1%).

                                       2

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                                    ARTICLE 2
                                     PARCEL

     2.1 Definition. Lessor hereby leases to Lessee for the Term, at the Rent,
and in accordance with the provisions set forth herein, the State Land in
Maricopa County, Arizona described in Exhibit "A" attached hereto (the "Parcel")
for the uses and purposes specified in Article 6 hereof.

     2.2 Condition. Lessee has examined the physical condition of the Parcel, is
familiar with it, and takes it "as is". Lessor makes no express or implied
warranties as to the physical condition of the Parcel.

                                    ARTICLE 3
                                      TERM

     3.1 Commencement; Expiration. The Term of this Lease shall be for a period
of no more than 30 Years commencing on January 17, 1998 "Commencement Date" and
ending on January 16, 2028, "Expiration Date", unless sooner canceled or
terminated as provided herein.

     3.2 Extension. Lessee may at any time during the term of this lease (but in
any event not later than one hundred eighty (180) days prior to the expiration
date of this Lease, or any extension thereof), without Lessor's approval, elect
to extend the term of this Lease for a period of fifteen (15) years by
delivering written notice of such election to Lessor. Such election by lessee
may be exercised two (2) times for a total extension period not to exceed thirty
(30) years. (a) In the event Lessee exercises the first extension, as allowed
hereunder, the Current Appraised Land Value, commencing on the first day of the
extension period, shall be determined by a new appraisal as follows: not later
than one hundred fifty days (150) prior to the Expiration Date, Lessor shall
select a qualified, State of Arizona Certified General Real Estate appraiser to
appraise the Parcel. The appraisal shall be a determination of the Fair Market
Value of the Parcel as of the Expiration Date. The appraisal shall value the
Parcel as if vacant and available for its highest and best use, which may or may
not be the then current use. The Fair Market Value shall hereafter be referred
to as the Current Appraised Land Value. (b) Commencing on the beginning date of
the first extension period, the Base Rent shall be 8.5% of the Current Appraised
Land Value. The Base Rent shall be adjusted every five (5) years during the
first and second option period, in the manner provided in Article 4.3 (d),
commencing on the first Date of Determination of the first extension period,
subject to Article 4.3.

                                       3

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                                    ARTICLE 4
                                      RENT

     4.1 Annual Rent. Lessee shall pay Rent as provided herein to Lessor,
without notice or demand, each year in advance on the anniversary of the
commencement date of this Lease for the use and occupancy of the Parcel during
the Term of this Lease without offset or deduction.

     4.2 Base Rent. The annual Base Rent shall be a percentage of the Current
Appraised Land Value. The Current Appraised Land Value on the Commencement Date
of this Lease is $6,445,560.00. Base rent as a percentage of the then Current
Appraised Land Value over the term of this Lease is as follows:

Lease Years 1 and 2            6%

Lease Years 3 and 4            7%

Lease Years 5 and 6         7.25%

Lease Years 7               7.50%

Lease Years 8 and 9            8%

Lease Years 10 and 11       8.25%

Lease Years 12 through 30   8.50%

     4.3 Adjustment of Land Value. The following provisions shall constitute the
Land Value adjustment methodology for purposes of rent escalation for this Lease
and any extensions(s) hereof.

          (a) All calculations shall be carried out to a minimum of four (4)
decimal places, i.e., calculated to the nearest ten thousandth (1/100 of 1%).

          (b) On the fifth anniversary of the Commencement Date, the Current
Appraised Land Value of Lease year Five shall to multiplied by 10 percent (10%).
The product of that calculation shall be added to the Current Appraised Land
Value of Lease Year Five and that sum shall be the Current Appraised Land Value
for Lease Years Six through Ten.

          (c) On the Tenth anniversary of the Commencement Date the Current
Appraised Land Value of Lease Year Ten shall be multiplied by 20 percent (20%).
The product of that calculation shall be added to the Current Appraised Land
Value of Lease Year Ten. The sum of that calculation shall be the Current
Appraised Land Value for the Lease Years Eleven through Fifteen.

          (d) On all subsequent Dates of Determination, the Current Appraised
Land Value shall be adjusted as follows:

               (i) If the Aggregate CPI is greater than that of the previous
five (5) years, the Aggregate CPI shall be subtracted from the number one (1).
The difference in that calculation, the Adjustment Differential, shall be
multiplied by the Aggregate CPI. The Product of that calculation shall be the
Adjustment Percentage. The Adjustment Percentage shall be multiplied by the
Current

                                       4

<PAGE>

Appraised Land Value of the lease year preceding the Date of Determination. The
Product of that calculation shall be the Current Appraised Land Value.

                  Example:   Aggregate CPI                  = A
                             Number one (1)                 = B
                             Adjustment Differential        = C
                             Adjustment Percentage          = D

               Current Appraised Land Value of Lease Year
               Preceding the Date of Determination          = E
                             B - A = C
                             C x A = D
                             D x E = Current Appraised Land Value

               (ii) The Adjustment Differential at any Date of Determination
shall never be less than 1750 (17.5%), or greater than 1.00 (100%)

               (iii) No adjustment to the Current Appraised Land Value shall be
made if the Aggregate CPI for the current Date of Determination is a negative
number.

               (iv) If the Aggregate CPI for the current Date of Determination
is equal to or less than the Aggregate CPI from the previous Date of
Determination, the Adjustment Percentage shall be the actual sum of the
Aggregate CPI. [The Adjustment Differential shall be 100 percent (100%).]

               (v) If the Adjustment Differential as calculated in Paragraph 4.3
(d)(i) or (ii) for the current Date of Determination is 17.5% on two or more
successive Dates of Determination, the Adjustment Differential shall be 35% for
the second successive Date of Determination during which this phenomenon occurs.
If said Adjustment Differential would be calculated at 17.5% for a third
successive five-year period, it shall increase to 70 percent (70%) for the third
successive Date of Determination.

     4.4 Additional Rent Applicable to Unforeseen Development. Lessee intends to
expend $14,000,000 (in addition to existing improvements) for additional
Improvements (as defined in Article 9) on the Parcel. Lessor is concerned that
if Lessee intensifies Lessee's use of the Parcel beyond the present expectations
of the Lessor and Lessee, the rent described in Article 4 hereof will not
reflect such unforeseen expansion or intensification of Lessee's use of the
Parcel. Therefore, Lessee agrees that Lessee shall pay to Lessor annually as
additional rent an amount equal to five percent (5%) of the sum of the amount in
excess of said $14,000,000 (adjusted as provided herein), which Lessee so
invests. Such additional rent shall be payable in the year in which completed,
within 30 days of completion on a pro rata basis, and shall be added to base
rent each year thereafter. The date of completion of the additional Improvements
shall be the date on which the Lessee is issued a Certificate of Occupancy from
the appropriate Governmental Agency, or upon final inspection from the
appropriate Governmental Entity. Lessee shall notify Lessor of the actual cost
of such excess structures within 30 days of their completion and provide to
Lessor such evidence as Lessor may reasonably require to verify such costs. The
aforesaid $14,000,000 shall be adjusted by multiplying it by a fraction, the
numerator of which is the CPI for the Month in which the excess

                                       5

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improvement is completed and the denominator of which is the CPI for the month
in which this Lease is signed.

     4.5 Interest; Penalty. Lessee shall pay a penalty of five percent (5%) plus
interest on any amount of delinquent Rent. Interest shall accrue daily on the
delinquent amount and on the penalty at the Interest Rate until paid.

     4.6 Notice and Demand. Unless the time for payment of Rent has previously
been extended pursuant to Paragraph 4.7, if Lessor has not received a Rent
payment by the due date, the Lessor shall not be entitled to exercise any right
or remedy hereunder unless it has delivered to Lessee written notice pursuant to
A.R.S. (S)37-289 demanding that within thirty (30) days after the receipt of
such notice Lessee make such Rent payment and such thirty (30) day period has
expired.

     4.7 Extension. Prior to or after the time the Annual Rent becomes due and
owing, Lessee may, in writing, request that Lessor extend the time for payment
of Rent or any portion thereof by up to three (3) successive ninety (90) day
periods (for a total extension of 270 days for each Lease Year). The Department
shall promptly notify Lessee of its approval or disapproval of such extension.
Such extended Rent shall be subject to the provisions of Paragraph 4.5 including
interest and penalty charged to the Lessee.

     4.8 Sublease to Affiliated Entity; Imputed Rent. Should Lessee desire to
sublease the Premises to itself or to an Affiliated Entity, Lessee must first
obtain written approval of the terms and conditions of the proposed sublease
from Lessor, regardless of whether a pre-approved form of sublease is utilized,
which approval shall not be unreasonably withheld, and a Fair Market Rent shall
be imputed to such a sublease for purposes of calculating Rent under this
Article. Lessee shall set forth in its application the Fair Market Rent to be
imputed to the proposed sublease, which determination Lessor may dispute, at
Lessor's election, either according to the arbitration provisions of Article 21
of this Lease, or by obtaining an independent appraisal at Lessor's expense;
such Rent as determined through arbitration or appraisal shall be binding upon
Lessor and Lessee for the purposes of imputing Rent under this paragraph. For
the purposes of this paragraph, "Fair Market Rent" means the most probable rent
that the subject property would command if it were exposed on the open market
for a period of time sufficient to attract a tenant who rents the property with
full knowledge of the alternatives available to him on the market.

     4.9 Prepaid Rent. Lessee shall be allowed to prepay Base Rent with Lessor's
written approval for rights of way to be dedicated to public use at any time
during the term of this Lease, under the following conditions:

     (a) Such prepayment shall be of all the remaining Base Rent payable through
the thirtieth (30th) year on the portion of the Parcel for which prepayment is
being made.

     (b) Prepaid rent shall be calculated by discounting to a present value the
total Base Rent for the remainder of the Lease Term. The discount rate for
prepayment shall be the interest rate being earned by the State of Arizona
Treasurer's office on long term investments (10 Years or more)

                                       6

<PAGE>

as announced by Treasurer's office for the month immediately preceding the
prepayment (as provided for in A.R.S. (S)37-295). If at any time the State of
Arizona Treasurer's office ceases to announce a long term interest rate, the
discount rate shall be determined using a comparable measure of interest rates
on long term investments reasonably acceptable to Lessor and Lessee.
Notwithstanding the preceding, in no event shall the discount rate used for a
prepayment exceed the maximum rate permitted by applicable law as of the date of
such prepayment.

     (c) Such prepayment shall be based on entire rent payments for the years in
which Lessee prepays rent, and not pro-rata portions of the year.

     (d) The following pro-rata formula shall be used at any time throughout the
term of this Lease for calculating rent on acreage remaining subject to this
Lease as a result of prepayment of rent on acreage due to dedication for public
use or issuance of rights of way.

                 [(C-A)/C] x B

          Where: A = Number of Acres Prepaid
                 B = Base Rent otherwise payable for the Lease Year(s) in
                        question
                 C = Total acreage leased prior to prepayment

     (e) If Lessee intends to prepay Base Rent as set forth above for rights of
way to be dedicated to public use, upon Lessee's request Lessor shall, at
Lessee's expense, provide Lessee with an appraisal of the reversionary interest.
The reversionary interest appraised shall be either in fee simple or permanent
easement at the sole discretion of Lessor. Immediately upon Lessee's prepayment
of Base Rent on the rights of way, Lessee shall dedicate its leasehold interest
therein to the appropriate governmental authority, and Lessor shall proceed to
sell its reversionary interest at public auction in accordance with Arizona law.
Lessee shall attend the auction for the reversionary interest and bid the
minimum bid amount, all in accordance with the terms set forth in the auction
notice. If Lessee is the successful bidder at the auction, Lessee shall proceed
to purchase the reversionary interest according to the terms of sale included in
the auction notice, and upon completion of the purchase shall dedicate the
reversionary interest to the appropriate governmental authority. Failure of the
Lessee to bid for, and if required, to purchase and dedicate the rights of way
as provided in this paragraph shall result in the immediate cancellation of this
Lease, in which event both parties shall be relieved of further rights, duties
and obligations under this Lease except those which survive cancellation by the
terms of this Lease or Arizona Law. All public rights of way shall be
constructed, at no cost to Lessor, so as to conform to City of Phoenix, Maricopa
County, and Arizona Department of Transportation standards and specifications,
as applicable.

     (f) Lessee acknowledges that in no event will it be entitled to refund of
prepaid rent.

     4.10 Proration of Rent. Upon cancellation or termination of this Lease for
any reason rent shall not be pro-rated unless specifically stipulated elsewhere
in this document or by written agreement of Lessor and Lessee.

                                       7

<PAGE>

                                    ARTICLE 5
                               ADDITIONAL AMOUNTS

     5.1 Definition. In addition to the Annual Rent, Lessee shall also pay or
cause to be paid all Impositions and all other costs, expenses, liabilities,
obligations or other payments which Lessee under this Lease assumes and agrees
to pay, all of which are hereinafter referred to individually and collectively
as "Additional Amounts".

     5.2 Payment. Lessee shall pay or cause to be paid all Additional Amounts
before any interest, penalty, fine or cost accrues for nonpayment; provided,
however, that if any Additional Amount may by law be paid in installments,
Lessee may pay such Additional Amounts in installments provided that such
installments do not extend past the Expiration Date. Lessee shall pay all such
installments and any applicable interest at the time they become due and before
any further penalty or fine may be added thereto.

     5.3 Evidence. On request, Lessee shall provide Lessor with evidence of
payment of taxes on the Improvements, Removable Improvements, and personal
property on the Parcel and other Impositions by governmental authorities. As to
all other Additional Amounts, within a reasonable period after Lessee's receipt
of a written request, Lessee shall furnish to Lessor pertinent official receipts
or other proof satisfactory to Lessor evidencing the payment of any Additional
Amounts before the same become delinquent.

     5.4 Interest. If Lessee fails to pay or cause to be paid in accordance with
Article 5 any Additional Amounts, then Lessor shall have all the rights and
remedies provided in Section 17.2 as in the case of nonpayment of Rent and in
Section 17.1 including the right to interest at the Interest Rate on all such
Additional Amounts, if and to the extent paid by Lessor from and after the date
of Lessee's nonpayment.

     5.5 Taxes. Lessee shall timely pay and discharge, without deduction or
abatement for any cause, all duties, taxes, charges, assessments, impositions
and payments, extraordinary as well as ordinary, unforeseen as well as foreseen,
of every kind and nature (under or by virtue of any current or subsequently
enacted law, ordinance, regulation or order of any public or governmental
authority), which during the Term are due, imposed upon, charged against,
measured by or become a lien on (i) any part of the premises; (ii) the interest
of any of the parties to this Lease or in proceeds received pursuant to this
Lease; and (iii) the rent paid pursuant to this Lease. Lessee shall have the
right to contest any such taxes, assessments or other charges provided that the
fee interest of Lessor shall not thereby be encumbered. In event of sale or
exchange of fee title to a private party taxes and assessments payable under
this paragraph shall exclude all municipal, State or federal income, gift,
estate inheritance or excess profit taxes assessed against Lessor.

                                       8

<PAGE>

                                    ARTICLE 6
                          USE AND OCCUPANCY OF PREMISES

     6.1 Uses. The Premises shall be used solely and exclusively for "Permitted
Uses"; Permitted Uses shall mean research, engineering, testing, and development
of vehicles, vehicular components, machinery, structures and structural
components, industrial processes, agriculture equipment, military equipment,
mechanical, chemical and electrical systems, and other uses allowed by zoning
unless Lessor determines and advises Lessee in writing otherwise. All other uses
are prohibited.

     6.2 Artifacts. (a) Pursuant to A.R.S. (S)(S)41-841 and 41-842, Lessee,
Lessee's employees, and Lessee's guests shall not excavate or collect any
prehistoric or historic archaeological specimens on the Premises without a
permit from the Director of the Arizona State Museum and written approval of
Lessor pursuant to the terms of this Lease. Lessee shall immediately report any
unpermitted excavation or collection or archaeological specimens on the Premises
to the Arizona State Museum and Lessor. (b) Pursuant to A.R.S. (S)41-844, Lessee
shall report to the Director of the Arizona State Museum and Lessor any
prehistoric or historic archaeological site, or paleontological site, that is
discovered on the Premises by Lessee, Lessee's employees, or Lessee's guests,
and shall, in consultation with the Director of the Arizona State Museum and
Lessor, immediately take all reasonable steps to secure the preservation of the
discovery.

     6.3 Native Plants. Lessee shall not move, use, destroy, cut or remove or
permit to be moved, used, destroyed, cut or removed any cactus, protected native
plants or products of the land except that which is necessary for the use of the
Parcel, and then only with the prior written approval of Lessor, and such
permission shall not be unreasonably withheld or delayed. If the removal or
destruction of plants protected under the Arizona Native Plant Law is necessary
to the use of the Parcel, Lessee shall also obtain the prior written approval of
the Arizona Department of Agriculture.

     6.4 Waste; Conformity to Law. Lessee shall not conduct or permit to be
conducted any public or private nuisance on the Premises, nor commit or permit
to be committed any waste thereon. Lessee shall maintain the entire Premises in
a clean and wholesome condition. Lessee shall not use or permit the Premises be
used in any manner that is not in conformity with all federal, state, county,
and municipal laws, rules, and regulations, unless Lessor determines and advises
Lessee in writing otherwise.

     6.5 Minerals. Lessor excepts and reserves out of the Parcel all oil, gases,
geothermal resources, coal, ores, minerals, fossils, and fertilizers of every
kind which may be in or upon the Parcel, and the right to enter upon the Parcel
to inspect, explore or extract any such items. Lessee shall be entitled to
reasonable compensation for any damages resulting from the exercise of the
rights reserved hereunder.

                                       9

<PAGE>

     6.6 Quiet Enjoyment. Lessee shall have and hold, peaceable, quiet enjoyment
of the Parcel during the Term of this Lease so long as Lessee is in compliance
with all the provisions of this Lease.

     6.7 Inspection. Except as otherwise provided herein, Lessor and its duly
authorized agents, employees and representatives, shall have the right to enter
upon and inspect the Premises and all improvements thereon at a reasonable time,
and in a reasonable manner.

     6.8 Surrender. In the event this lease is not renewed, Lessee shall
surrender peaceably the possession of the Premises upon expiration of the Term
of this Lease.

     6.9 Zoning. Lessee agrees to abide by the applicable provisions of the
Maricopa County, or any successor Governmental entity's zoning ordinances,
unless Lessor determines and advises Lessee in writing otherwise. To the extent
consistent with the purpose of this lease, Lessor shall cooperate with lessee in
obtaining any necessary or desired site plan and design review approvals,
stipulation modifications, use permits and any other necessary governmental
approvals and shall execute and deliver such petitions, plans, applications or
other documents as Lessee may from time to time reasonably request to effect
such governmental approvals. Lessee shall not rezone any part or all of the
Parcel without Lessor's written consent.

     6.10 Change in Use. Lessor shall not unreasonably withhold or delay a
request made by Lessee for a Change in Use, provided that such proposed Change
in Use (i) is consistent with Lessor approved zoning and (ii) is likely to
render the Premises more valuable than the Permitted Use. Lessor shall cause the
Parcel for which such Change in Use is requested to be promptly reappraised to
determine the then full value of the Parcel. Lessee shall be entitled to obtain,
at Lessee's cost, and submit to the Lessor an appraisal, for Lessor's review and
consideration for these purposes, from an independent qualified appraiser
previously approved by Lessor. The proposed use of underground storage tanks or
other environmentally hazardous activities shall be considered reasonable
grounds to withhold approval of a Change in Use.

     6.11 Trespass. Lessee shall report to Lessor and appropriate law
enforcement authorities any known or suspected trespass or waste committed on
the Premises.

     6.12 Repair and Maintenance. Lessor shall be under no obligation whatever
to maintain, repair, rebuild or replace any improvement on the Premises. Lessee
shall, subject to the provisions of Article 12 (Damage) and Article 15
(Condemnation) and at its own expense, keep and maintain the Premises in good
order, condition and repair in conformity with any applicable governmental
requirements and if applicable, those of the insurance underwriting board or
insurance inspection bureau having jurisdiction over the Premises.

                                      10

<PAGE>

                                    ARTICLE 7
                            EASEMENTS AND DEDICATIONS

     7.1 Public Use Interests. (a) Lessor hereby agrees to make land available
for easements (hereinafter called "Public Use Interests") for roadways, access,
utilities, and drainage over, under, upon and across such portions of the Parcel
as are identified and requested from time to time by Lessee and are reasonably
necessary. Such Public Use Interests may be perpetual easements, as required by
pertinent governmental authorities or public utilities or Lessor and permitted
by state law, and may, at Lessor's option survive cancellation or termination of
this Lease and leasehold interest created pursuant hereto.

     (b) Before Lessor makes a Public Use Interest available, Lessee shall
deliver a legal description of the pertinent portion of the Parcel demised
herein, a completed Application for Right-of-Way and a notice describing the
nature of the Public Use Interest required.

     (c) Easements requiring rights which transcend the rights granted herein,
either in scope or in time, must be purchased at a price and in the manner
required by Arizona law.

     (d) After notification and upon receiving full compensation for the Public
Use Interest in the manner required by Arizona law, Lessor shall execute and
deliver a patent or easement, as the case may be, in recordable form for the
Public Use Interest to the purchaser of the Public Use Interest. The purchaser
of the Public Use Interest, if other than the pertinent governmental authority
or public utility, shall thereupon immediately dedicate the Public Use Interest
to the pertinent governmental authority or public utility and record such Public
Use Interest in the office of the Maricopa County Recorder. Lessor shall also
execute such other and further documents as may be required to fully implement
the intent of this Paragraph; provided that, any other documents executed
pursuant to this Paragraph shall not affect any real property other than that
portion of the Parcel sold or leased for the Public Use Interest which is
included in the Parcel demised herein.

     7.2 Temporary, Non-Exclusive Easements. At Lessee's election and without
further consent of Lessor, Lessee may, from time to time, create non-exclusive
easements or licenses over, under and across Parcel for roadway, access,
drainage and utilities including without limitation, water, power, gas,
electric, sewer, telephone, television, and other communications; provided,
however, that the term of such easements shall not survive the expiration or
termination of this Lease. Lessor shall not be entitled to any compensation for
such temporary, non-exclusive easements, except that Lessor shall be entitled to
and Lessee shall pay to Lessor fifteen percent (15%) of the revenue from such
uses as rent in addition to the Rent otherwise provided for in Article 4 (Rent)
of this lease.

     7.3 Reservations. Lessor reserves those rights as required in A.R.S. (S)
37-287, and Lessee has those rights enumerated therein.

                                       11

<PAGE>

                                    ARTICLE 8
                                     RECORDS

     8.1 Record Keeping: Inspection. Lessee shall make and keep for the Term of
the Lease and either (a) five years thereafter; or (b) until the conclusion of
any dispute concerning this Lease, whichever is later, appropriate books and
records concerning the operation of this Lease including but not limited to
Federal and State tax statements, receipts and other records. Upon five (5)
business days prior written notice Lessor, its duly authorized agents, employees
and representatives shall have the right at reasonable times during the Term of
this Lease and for either (a) five years thereafter; or (b) until the conclusion
of any dispute concerning this Lease, whichever is later, to make reasonable
examination of those books, records or other material in order to obtain
information which Lessor deems necessary to administer this Lease. Further, upon
five (5) business days prior written notice Lessor, its duly authorized agents,
employees and representatives shall have the right at all times during the term
of any sublease or any extension thereof, and for either (a) five years
thereafter; or (b) until the conclusion of any dispute concerning this Lease,
whichever is later, to make reasonable examination of any sublessee's books,
records or other material which Lessor deems necessary in order to obtain
information to administer Article 4 ("Rent") of this Lease.

                                   ARTICLE 9
                         CONSTRUCTION AND IMPROVEMENTS

     9.1 Definitions. (a) "Improvement" means anything placed on or any
disturbance of the Parcel which is permanent in character, which is the result
of labor or capital expended by Lessee, or by his sublessees, successors or
predecessors in interest, on the Parcel in its reclamation or development, and
which has enhanced the value of the land. Anything placed on or any disturbance
of the Parcel during the Term of this Lease which does not constitute an
"Improvement" as defined herein will not be subject to reimbursement. (b)
"Removable Improvement" means anything not permanent in character which is the
result of labor or capital expended by the Lessee, his sublessees, successors or
predecessors in interest on the Parcel. (c) "Reimbursable Improvement" means an
Improvement on or of the Parcel (i) for which Lessee shall be reimbursed by a
succeeding lessee pursuant to Arizona law, (ii) which is not removable, and
(iii) which is either authorized pursuant to the terms of this Lease or has been
preapproved in writing by Lessor prior to placement or disturbance.

     9.2 Prior Approval. Lessee shall not place or construct or permit to be
placed or constructed any Improvement or Removable Improvement on or to the
Premises, other than Improvements necessary to carry out the purpose of this
Lease. All other Improvements are prohibited. Prior to applying for a building
permit or prior to beginning construction if no permit is required, Lessee shall
submit to Lessor on a current version of Lessor's form known as an Application
To Place Improvement ("Application"). No construction shall begin until Lessor

                                       12

<PAGE>

approves in writing the Application. The Application shall include plans and
specifications (including but not limited to grading, construction and landscape
plans) showing the nature, location, approximate cost, and quality of the
proposed Improvements. Drainage and waste disposal plans must be submitted with
the Application. Plans submitted must be stamped by an Arizona registered
engineer or architect. The work shall be completed by an Arizona registered
contractor. The location of completed Improvements, as built construction plans
stamped by an Arizona registered engineer or architect, and any other
information required by Lessor, shall be submitted to Lessor within thirty (30)
days following the completion of construction on Lessor's form known as Report
Of Improvement Placed With Prior Approval. Any Improvements placed on the
Premises shall conform to existing laws and ordinances applicable to
construction and maintenance in the jurisdiction where the Premises are located,
unless Lessor determines and advises Lessee in writing otherwise.

     9.3 Utilities; New Construction. Gas, electric, power, telephone, water,
sewer, cable television and other utility or service lines of every nature shall
be placed and kept underground unless Lessor grants prior written approval
otherwise. All Improvements shall be of new construction and no Improvements
shall be moved from any other location onto the Premises without Lessor's prior
written approval.

     9.4 Annual Statement. Within 180 days after each anniversary of the
commencement date of this Lease, Lessee shall file with Lessor a sworn statement
setting forth the general description of any Improvements placed on the Premises
during the prior lease year and the actual cash value of such Improvements.
Lessee shall not be deemed to be in default hereunder if the actual cash value
is incorrect so long as Lessee made the determination in good faith.

     9.5 Ownership. All Improvements constructed upon the Premises by Lessee
shall be the property of Lessee or any successor in interest to whom Lessee
specifically conveys all or any part of the Improvements, and shall, unless they
become the property of Lessor, be subject to assessment for taxes in the name of
Lessee, the same as other property of Lessee. Within sixty (60) days prior to or
ninety (90) days following the expiration or termination of this Lease, Lessee
may remove those Improvements which belong to it, have been previously approved
by Lessor in writing, are free of any liens and can be removed without causing
injury to the Parcel. At its option, Lessor may waive any of the above listed
prerequisites to Lessee's removal of Improvements on the Parcel. Lessee may,
with Lessor's prior written approval and within the time allowed for removal,
sell its Improvements to the succeeding Lessee. Lessee's rights under this
Paragraph 9.5 shall survive any termination or cancellation of this Lease. Such
surviving rights shall not restrict Lessor's ability to release the land and are
subject to A.R.S. (S)(S) 37-288 and 37-293.

     9.6 Subleases. In connection with any sublease or assignment filed with
Lessor, Lessee may sell all of its right, title and interest in and to any and
all Improvements and may allow sublessees or assignees to construct
Improvements, subject to the provisions of Paragraph 6.1 ("Uses") in which event
the party that purchases or constructs such Improvements, and its successors

                                       13

<PAGE>

and assigns, except as may be set forth in any agreement between Lessee and such
party, shall thereafter be deemed to be the owner of Improvements with respect
thereto, and shall be subject to the requirements, and enjoy the benefits, of
this Article as to such Improvements.

     9.7 Insurance Proceeds. Subject to the rights of any pertinent Leasehold
Mortgagees, the owner of Improvements and Removable Improvements shall be
entitled to any casualty insurance or condemnation proceeds resulting from the
destruction or taking of any Improvements or Removable Improvements; provided,
however, that the Lessee shall remain obligated to pay to Lessor the Rent under
Article 4 (Rent), and the provisions of Article 15 (Condemnation) shall govern
the disposition of condemnation awards that include Lessor's interest in the fee
title to the Parcel.

     9.8 Reimbursement; Amortization.

          (a) It is understood and agreed that, all Improvements constructed on
the Premises during the term of this Lease shall be fully amortized, on a
straight line basis for purposes of reimbursement under A.R.S. 37-242 or A.R.
S.37-293, over a fifteen (15) year period. Under no circumstances shall any
Improvements be considered to have a value greater than zero after the sixteenth
anniversary of the Commencement Date of this Lease, or any extensions.

          (b) The Improvements existing on the Parcel on the Commencement Date
hereof have a reimbursement value of $847,277, and shall be amortized for
purposes of reimbursement over the first twelve (12) years of this Lease.

          (c) The cost upon which the depreciation schedule described in
Paragraph 9.8 (a), shall be the cost of said Improvements at the time of
construction as evidenced by the notification required in Paragraph 4.4.

          (d) Any and all Improvements constructed during a permitted option
period shall be amortized over the lesser of fifteen (15) years or the remaining
term of the last option period exercised. In the event an option period is not
exercised subsequent to construction of Improvements, said Improvement shall be
amortized, as provided herein, over the option period in which they were
constructed.

     9.9 Removal. With the approval of any pertinent Leasehold Mortgagee, the
Owner of any structures and Improvements shall have the right, from time to
time, to remove or demolish all or any part of such structures or Improvements
on the Parcel without any obligation to reconstruct Improvements thereon;
provided, however, that the Lessee shall continue to be obligated to pay the
annual rent as set forth in Article 4.

     9.10 Use and Removal of Water. This Lease does not confer upon Lessee, its
assignees or sublessees, any express or implied rights to the use or removal of
surface or ground water from the Parcel.

     9.11 Improvements Dedicated to Public Use. Lessee shall have no right to
reimbursement for Improvements that are dedicated or otherwise committed or
transferred to public use.

                                       14

<PAGE>

                                   ARTICLE 10
                                      LIENS

     10.1 Payment; Indemnity. Lessee shall be responsible for payment of all
costs and charges for any work done by or for it on the Premises or in
connection with Lessee's occupancy thereof, and Lessee shall keep the Premises
free and clear of all mechanics' liens and other liens and encumbrances on
account of work done for or authorized by Lessee or persons or entities claiming
under Lessee or bond over such liens according to State law. Lessee expressly
agrees to and shall indemnify and hold Lessor harmless against liability,
damages, costs, attorney's fees and all other expenses or loss on account of
claims of lien or other encumbrances of laborers or materialmen or others for
work performed or materials or supplies furnished for or authorized by Lessee or
persons or entities claiming under Lessee. Further, any contracts between
Lessee, Lessee's assignee or sublessee, and any contractors or subcontractors
shall expressly hold Lessor harmless against any liability arising from such
contracts, as described above.

     10.2 Notice. Should any claims of lien or other encumbrances be filed
against the Parcel or any action purporting to affect the title to the Parcel be
commenced, the party receiving notice of such lien or action shall immediately
give the other party written notice thereof.

     10.3 Contest. Notwithstanding anything contained herein to the contrary,
after written notice to Lessor, Lessee may contest by appropriate legal
proceeding, conducted in good faith and with due diligence, the amount, validity
or application, in whole or in part, of any Imposition, legal requirement, lien,
encumbrance, charge or any other adverse claim against all or any part of the
Premises provided that: (a) the fee interest of Lessor shall not thereby by
encumbered; and (b) Lessor shall not thereby become subject to any civil or
criminal liability whatsoever for Lessee's failure to comply.

                                   ARTICLE 11
                             INSURANCE AND INDEMNITY

     11.1 Indemnity. Except to the extent occurring or existing prior to the
Commencement Date hereof, Lessee hereby expressly agrees to indemnify and hold
Lessor harmless, or cause Lessor to be indemnified and held harmless, from and
against all liabilities, obligations, damages, penalties, claims, causes of
action, costs, charges and expenses, including attorney's fees and costs, which
may be imposed upon or incurred by or asserted against Lessor by reason of any:
(a) accident, injury or damage to any person or property occurring on or about
the Premises or any portion thereof; (b) use, non-use or condition of the
Premises or any portion thereof; or (c) failure on the part of Lessee to perform
or comply with any of the provisions of this Lease; except that none of the
foregoing shall apply to Lessor's intentional conduct or active negligence nor
to the intentional conduct or active negligence of Lessor's agents, servants,
contractors or subcontractors. If any action or proceeding is brought against
Lessor by reason of any such occurrence, Lessee, upon Lessor's written request

                                       15

<PAGE>

and at Lessee's expense, will resist and defend such action or proceeding, or
cause the same to be resisted either by counsel designated by Lessee or where
such occurrence is covered by liability insurance, by counsel designated by the
insurer.

     11.2 Policies. Lessee, at its expense, shall at all times during the Term
of this Lease, and any extension thereof, maintain in full force a policy or
policies of commercial general liability insurance, including property, damage,
written by one or more responsible insurance companies licensed to do business
in the State of Arizona, and each policy shall be written on an occurrence
basis, which insure Lessee and Lessor against liability for injury to persons
and property and death of any person or persons occurring in, on or about the
Premises, or arising out of Lessee's maintenance, use and occupancy thereof. All
commercial general liability and personal property damage policies shall contain
a provision that Lessor, named as an additional insured, shall be entitled to
recovery under the policies for any loss occasioned to it, its servants, agents
and employees by reason of the negligence or wrongdoing of Lessee, its servants,
agents and employees or sublessee. Further, the policies shall provide that
their coverage is primary over any other insurance coverage available to the
Lessor, its servants, agents and employees. All policies of insurance delivered
to Lessor must contain a provision that the company writing the policy shall
give to Lessor ten (10) days notice in writing in advance of any cancellation or
lapse, or the effective date of any reduction in the amounts of insurance.

     11.3 Amounts. The insurance as described in Paragraph 11.2 herein shall
afford protection not less than $2,000,000 in combined single limits for bodily
injury and property damage liability and each liability policy or policies shall
be written on an occurrence basis; provided, however, that the minimum amount of
coverage for the above shall be adjusted upward on Lessor's reasonable request
to be made no more frequently than once every two (2) years so that such
respective minimum amounts of coverage shall not be less than the amounts then
required by statute or generally carried on similarly improved real estate in
the County herein described, whichever is greater. If at any time Lessee fails,
neglects or refuses to cause such insurance to be provided and maintained, then
Lessor may, at its election, procure or renew such insurance and any amounts
paid therefor by Lessor shall be an additional amount due at the next date Rent
is due and payable.

     11.4 Blanket Policy. Notwithstanding anything to the contrary in this
Article, Lessee's obligations to carry the insurance provided for herein may be
brought within the coverage of a socalled blanket policy or policies of
insurance maintained by Lessee, provided, however, that the coverage afforded
Lessor will not be reduced by reason of the use of such blanket policy of
insurance.

     11.5 Copies. Copies of said policies shall be delivered to Lessor prior to
Lessee's occupancy of the Premises along with a current certificate of
insurance. Lessee shall maintain with Lessor a current certificate of insurance
and a current copy of the policy during this lease.

                                       16

<PAGE>

                                   ARTICLE 12
                                     DAMAGE

     12.1 Lessee's Obligations If the Parcel or any building or other
Improvement or Removable Improvement located thereon is damaged or destroyed
during the Term of this Lease, Lessee may, but shall be under no obligation to,
arrange, at its expense for the repair, restoration and reconstruction of the
same substantially to its former condition, but such damage or destruction shall
not terminate this Lease or relieve Lessee from its duties and liabilities
hereunder or, as Lessee may elect, for development and construction of a
substantially different project consistent with a permitted use approved by
Lessor pursuant to Paragraph 6.10 ("Change in Use").

                                   ARTICLE 13
                      TRADE FIXTURES AND PERSONAL PROPERTY

     13.1 Personal Property. Any trade fixtures, signs, store equipment, and
other personal property installed in or on the Parcel by Lessee or any sublessee
shall remain their property subject to the provisions of this Lease. Lessee
shall have the right, provided it is not then in breach hereunder, at any time
to remove any and all of the same, subject to the restrictions of Paragraph 9.5
("Ownership").

                                   ARTICLE 14
                            ASSIGNMENTS AND SUBLEASES

     14.1 Financing. Without further approval by Lessor, Lessee shall have the
right at any time and from time to time during the Term of this Lease to assign
or otherwise encumber by way of mortgages, deeds of trust or other documents or
instruments, all or any part of its right, title and interest in and to this
Lease to any person or entity for the purpose of obtaining financing. An
assignment pursuant to this Paragraph 14.1 shall not relieve Lessee of any
obligations hereunder. The provisions of Paragraph 14.2 ("Other Assignments")
shall not in anyway limit Lessee's right to obtain leasehold financing as set
forth herein.

     14.2 Other Assignments. With Lessor's prior written approval, which shall
not be unreasonably withheld or delayed, Lessee may at any time and from time to
time during the Term of this Lease assign all or any part of its rights,
interest and obligations hereunder to all of the Premises. Lessee shall request
approval for any assignment by submitting an application therefore on such forms
as Lessor may require. Lessee shall not be deemed to have assigned its interests
herein as a result of (a) any addition or withdrawal of a partner, if Lessee is
a partnership, (b) any change in stock ownership, if Lessee is a corporation,
(c) any change in the beneficial ownership, if Lessee is any other form of
entity, or (d) assignment by Lessee of part or all of its interest herein to an
Affiliated Entity.

                                       17

<PAGE>

     14.3 Subleases. So long as there is then no uncured default, Lessee may
sublease portions of the Premises with the prior written approval of Lessor upon
submission of a copy of the proposed sublease, which approval shall not be
unreasonably withheld or delayed, provided the following conditions are
satisfied:

     (a) No sublease shall relieve Lessee of its responsibility to pay and
perform all of its obligations hereunder;

     (b) Lessee shall not be entitled under a sublease to collect rent which is
prepaid in excess of one year in advance, unless Lessee either: (i) prepays Rent
to the extent allowed by this Lease, for the portion of the Parcel covered by
the sublease, or (ii) provides Lessor with a letter of credit or other bond
which is in such form as is reasonably satisfactory to Lessor and secures
payment to Lessor of the pro rata portion of such prepaid rent which Lessor
would be entitled to receive as Rent under this Lease for the pertinent portion
of the Premises;

     (c) The proposed use of the portion of the Premises subject to the sublease
must be a Permitted Use under this Lease;

     (d) The term of the sublease is for a period of not less than 2 years;

     (e) Such sublease provides that any violation of any provisions of this
Lease, whether by act or omission, by a sublessee shall be a default under the
sublease, entitling the lessor thereunder to terminate such sublease and
exercise other remedies as a result thereof;

     (f) Such sublease contains the attornment provisions of paragraph 14.4;

     (g) Such sublease is an arms-length transaction negotiated in good faith
and provides for rental rates comparable to existing market rates; and

     (h) Such sublease is on a form of lease which has been previously approved
by Lessor or is otherwise entered into upon terms and conditions which are
reasonably satisfactory to Lessor.

     14.4 Attornment. If this Lease is terminated prior to the expiration of its
term, then, so long as a sublessee complies with the terms and conditions set
forth in its sublease, it shall attorn thereunder directly to Lessor, Lessor
shall attorn to such sublessee, including recognizing the rights of any lenders
under the sublease, and Lessor shall not disturb such sublessee, in accordance
with the terms of the pertinent sublease; provided, however, that:

     (a) Lessor's obligations thereunder shall be no greater and its rights no
less than those set forth in this Lease;

                                       18

<PAGE>

     (b) No sublessee shall be required to make any payment to Lessor unless and
until such sublessee shall have received written notice from Lessor of the
termination of this Lease and direction that payments and performance thereafter
be made directly to Lessor. Thereafter, upon such sublessee's timely payment or
performance to Lessor, Lessor shall not be entitled to claim a default for not
having received any corresponding payment or performance from Lessee. If a
sublessee, however, receives conflicting written notices demanding payment or
performance from Lessor and Lessee, such sublessee shall have the right to
interplead such payment and/or other matters in any court of competent
jurisdiction, in which event such sublessee shall not be deemed in default.
Payment or performance when and as ordered by such court shall constitute full
performance. So long as a sublessee has made payment for performance to Lessor
or interpleaded such matters and is not subject to termination for default of
the pertinent sublease, Lessor shall not join that sublessee as a party
defendant in any auction or proceeding or take any other action for the purpose
of terminating sublessee's interest and estate because of any default under or
termination of this Lease. Moreover, notwithstanding the termination of this
Lease, so long as Lessee has complied with the requirements hereof relating to
subleases, Lessor shall recognize any and all subleases entered into pursuant to
the terms hereof and any executory contracts to sublease pursuant to the terms
hereof; provided, however, that any and all benefits which would thereafter
accrue to Lessee under the sublease shall belong to Lessor;

     (c) Lessor shall not be liable for any act or omission of any prior lessor
(including Lessee);

     (d) Lessor shall not be subject to any offsets or defenses which the
sublessee may have against any prior lessor (including Lessee);

     (e) Lessor shall not be bound by any payment in respect of rent, common
area expenses, or other additional charges, as described in the sublease, which
the sublessee might have paid for more than one rental period in advance to any
prior lessor (including Lessee);

     (f) Lessor shall not be bound by any agreement or modification of the
sublease made without the written consent of Lessor;

     (g) Lessor shall not be bound by any provision set forth in the sublease
requiring the sublessor to indemnify or hold the sublessee harmless;

     (h) Lessor shall not be bound by any covenant to undertake or complete any
construction of the Parcel or Premises or any portion thereof; and

     (i) Lessor shall not be bound by any obligation to make any payment to the
sublessee.

                                   ARTICLE 15

                                       19

<PAGE>

                                  CONDEMNATION

     15.1 Definition; Division. Lessor, any pertinent Leasehold Mortgagees and,
if Lessee is not in default, Lessee, shall cooperate in prosecuting and
collecting their respective claims for an award on account of a taking of all or
any portion of the Premises and all damages or awards (with any interest
thereon) to which Lessor, Lessee or any pertinent Leasehold Mortgagees may be
entitled by reason of any taking of all or any portion of the Premises (herein
referred to as "Condemnation Proceeds"). In the event of the taking or
condemnation by any competent authority for any public or quasi-public use or
purpose of all or any portion of the Premises at any time during the Lease Term,
the rights of Lessor, Lessee, or any Leasehold Mortgagees, to share in the net
proceeds of any award for land, buildings, improvements and damages upon any
such taking, shall be apportioned as follows:

     (a) Lessee shall receive that portion attributed to the then fair market
value of the buildings and Improvements constructed thereon and Lessee shall
receive the fair market value immediately prior to such taking of Lessee's
leasehold interest in the Leased Premises so taken;

     (b) Lessor shall receive the fair market value of its reversionary interest
under this Lease (exclusive of any value attributable to improvements).

The entire amount of the award, settlement or payment attributable to the value
of buildings and improvements shall belong to Lessee.

     15.2 Termination. If the whole or materially all of the Premises shall be
taken or condemned, this Lease, at Lessee's option as set forth below, shall
cease and terminate, and Lessee's obligations to pay Rent, Additional Amounts
and other charges hereunder shall be apportioned as of the date of vesting of
title in such taking or condemnation proceedings. For the purposes of this
Article, a taking or condemnation of materially all of the Premises, as
distinguished from a taking or condemnation of the whole of the Premises, means
a taking of such scope that the untaken portion of the Premises is not
reasonably usable for Lessee's purposes or insufficient to permit the
restoration of the then existing Improvement thereon so as to constitute
Improvements capable of producing a proportionately fair and reasonable net
annual income, taking into consideration the payment of all operating expenses
thereof including but not limited to Rent and all other charges herein reserved,
and after the performance of all covenants, agreements and provisions herein
provided to be performed by Lessee. The determination of what constitutes a fair
and reasonable net annual income shall be governed by reference to the average
net annual income produced by the Premises during the five-year period
immediately preceding the taking (or, if the taking occurs during the first five
years of the Lease Term, during the Lease Term to date). As used above, the term
"operating expenses" does not include depreciation or income taxes. If there is
any controversy as to whether materially all of the Premises have been taken,
the controversy shall be resolved by arbitration.

                                       20

<PAGE>

     If materially all of the Premises are taken or condemned, then Lessee, at
its option, upon thirty (30) days prior notice to Lessor, given at any time
within ninety (90) days after the vesting of title in the condemnor, may cancel
and terminate this Lease as to the entire Premises. The Rent and other charges
hereunder shall be prorated as of this date of termination.

     15.3 No Termination. In the event of a partial taking or condemnation,
i.e., a taking or condemnation of less than materially all of the Premises, this
Lease (except as hereinafter provided) shall nevertheless continue, but the Rent
for the Lease Year in which such condemnation occurs shall be pro-rated as of
the date of such condemnation and that portion of the Rent attributable to that
portion of the Premises so taken shall be credited to Lessee's obligations next
arising under this Lease, and the Rent shall thereafter be reduced
proportionately to reflect the loss of the land taken. In the event that there
be any controversy over such proportionate reduction in the Rent, the
controversy shall be resolved by arbitration.

     15.4 Temporary Taking, If the whole or any part of the Premises or of the
Lessee's interest under this Lease be taken or condemned by any competent
authority for its or their temporary use or occupancy for a period which is
fewer than four (4) months, this Lease shall not terminate by reason thereof and
Lessee shall continue to pay, in the manner and at the times herein specified,
the full amounts of the annual rent and all other charges payable by Lessee
hereunder, and, except only to the extent that Lessee may be prevented from so
doing pursuant to the terms of the order of the condemning authority, to perform
and observe all of the other terms, covenants, conditions and obligations
imposed upon Lessee under this Lease, as though such taking or condemnation had
not occurred. If the whole or any part of the Premises or the Lessee's interest
in this Lease be taken or condemned by a competent authority for its or their
temporary use or occupancy for a period which is in excess of 4 months, this
lease may be terminated at the option of Lessee upon notice given within thirty
(30) days of the taking or condemnation. Notwithstanding anything to the
contrary herein, in the event of any temporary taking or condemnation the Lessee
shall, if this Lease has not been terminated as provided in this Paragraph 15.4,
be entitled to receive the entire amount of any award made for such taking or
condemnation, whether paid by way of damages, Rent or otherwise, unless such
period of temporary use or occupancy shall extend to or beyond the Expiration
Date, in which case such award shall be apportioned between the Lessor and the
Lessee as of such Expiration Date.

                                   ARTICLE 16
                      LESSOR'S RIGHT TO PERFORM AND INSPECT

     16.1 Right. If a default occurs hereunder, then thirty (30) days with
respect to monetary defaults or 45 days with respect to nonmonetary defaults (or
such additional time as may be necessary to effect a cure in the exercise of
reasonable diligence) after Lessee's receipt of written notice of such default,
Lessor may, but without being obligated to do so, cure such default by making
such payment or performing such act for the account and at the expense of
Lessee. No such payment

                                       21

<PAGE>

or performance by Lessor shall operate to release or discharge Lessee from any
obligation hereunder. All sums paid by Lessor, pursuant to this Article 16 and
all reasonable costs and expenses (including reasonable attorneys' fees and
costs) so incurred shall constitute Additional Amounts payable by Lessee to
Lessor on demand.

     16.2 Inspection. Lessee acknowledges and agrees that Lessor and its
authorized representatives shall have the right to enter the Premises and any
portion thereof at all reasonable times following reasonable notice (but in no
event less than 48 hours prior notice, except in case of emergency) to inspect
for compliance with the terms of this Lease, and may take all such action as may
be necessary or appropriate for such purposes. Furthermore, Lessee acknowledges
and agrees that, at any time within one year prior to the Expiration Date and
upon reasonable notice, Lessor may enter the Premises or any portion thereof for
the purpose of showing the same to prospective tenants, purchasers or mortgagees
and, with the prior approval of Lessee, may display on the Premises
advertisements for sale or lease; provided, however, that Lessor may only enter
and inspect the structures after reasonable notice and during reasonable
business hours. No entry pursuant to this Section shall constitute an eviction.

                                   ARTICLE 17
                              DEFAULT AND REMEDIES

     17.1 Events. Default shall only be deemed to have occurred in the following
situations and Lessee shall not be deemed in default hereunder for the purpose
of Lessor's exercise of any right or privilege herein until the following
applicable notice and grace period has expired:

          (a) If Lessee fails to pay any installment of Rent any penalty or
accrued interest thereon as required by the provisions of Article 4 and such
failure continues for thirty (30) days after the receipt of notice of default
from Lessor, unless the time for the payment has been previously extended
pursuant to paragraph 4.7 ("Extension")

          (b) If Lessee fails to perform or comply with any other Term of this
Lease and such failure continues for forty-five (45) days after the receipt of
notice of default from Lessor; provided, however, that with respect to any such
failure which is of such nature that although curable, it cannot, with due
diligence and adequate resources, be cured within forty five (45) days, a
default shall not be deemed to exist if Lessee commences curing such failure
within the 45-day period and thereafter proceeds with reasonable diligence and
action to complete curing such failure.

          (c) To the extent then allowed by law, if Lessee files a voluntary
petition in bankruptcy which is not dismissed within 90 days after the filing
thereof; is adjudicated bankrupt or insolvent; files any petitions or answers
seeking any reorganization, arrangement, composition, readjustment, liquidation,
dissolution or similar relief under any present or future federal, state or
other statute, law or regulation: seeks, consents to, or acquiesces in the
appointment of any trustee,

                                       22

<PAGE>

receiver, or liquidator of Lessee, or of all or any substantial part of its
respective property or of the pertinent portion of the Premises; makes any
general assignments for the benefit of creditors; or admits in writing its
inability to pay its debts generally as they become due.

          (d) To the extent then allowed by law, if a petition is filed against
Lessee seeking any reorganization, arrangement, composition, readjustment,
liquidation, dissolution or other similar relief under any present or future
federal, state or other statute, law, or regulation, which remains undismissed
or unstayed for an aggregate of ninety (90) days (whether or not consecutive),
or if a trustee, receiver, or liquidator of Lessee, or of all or any substantial
part of its properties or of the Premises is appointed without the consent or
acquiescence of Lessor and such appointment remains unvacated or unstayed for an
aggregate of ninety (90) days (whether or not consecutive).

     17.2 Remedies. Subject to the notice and cure provisions set out in
Paragraph 17.1 ("Events") and the rights of any assignee, sublessee or Leasehold
Mortgagee, if default exists, Lessor may at its option, exercise, in addition to
its rights at law or in equity, any of those remedies set forth below:

          (a) Lessor shall have the right, at its election, to reenter the
Premises, or any part thereof, either with or without process of law, and to
expel, remove and put out Lessee and persons occupying the Premises under
Lessee, using such force as may be necessary in so doing, to take full
possession of and control over the Premises and to have, hold and enjoy the same
and to receive all rental income of and from the same. No reentry by Lessor
shall be deemed an acceptance of a surrender of this Lease, nor shall it absolve
or discharge Lessee from any liability under this Lease. Upon such reentry, all
rights of Lessee to occupy or possess the Premises shall cease and terminate.

          (b) Lessor shall have the right, at its election, with or without
reentry as provided in subparagraph (a) immediately above, to give written
notice to Lessee stating that this Lease and the Term hereby demised shall
terminate on the date specified by such notice, and upon the date specified in
such notice this Lease and the Term hereby demised and all rights of Lessee
hereunder shall terminate. Upon such termination, Lessee shall quit and
peacefully surrender to Lessor the Premises and the Improvements then situated
hereon.

          (c) At any time and from time to time after such reentry, Lessor may
relet the Premises, or any part thereof, in the name of Lessor or otherwise, for
such term or terms (which may be greater or less than the period which would
otherwise have constituted the balance of the Term of this Lease), and on such
conditions (which may include concessions or free rental) as Lessor, in its
reasonable discretion, may determine and may collect and receive the rental
therefor. However, in no event shall Lessor be under any obligation to relet the
Premises or any part thereof, and Lessor shall in no way be responsible or
liable for any failure to relet or for any failure to collect any rental due
upon any such reletting. Even though it may relet the Premises, Lessor shall
have the right thereafter to terminate this Lease and all of the rights of
Lessee in or to the Premises.

                                       23

<PAGE>

          (d) Unless Lessor shall have notified Lessee in writing that it has
elected to terminate this Lease, no such re-entry or action in lawful detainer
or otherwise to obtain possession of the Premises shall relieve Lessee of its
liability and obligations under this Lease; and all such liability and
obligations shall survive any such re-entry. In the event of any such re-entry,
whether or not the Premises, or any part thereof, shall have been relet, Lessee
shall pay to Lessor the entire Rent and all other charges required to be paid by
Lessee up to the time of such re-entry. Thereafter, Lessee, until the end of
what would have been the Term of this Lease in the absence of such re-entry,
shall be liable to Lessor, and shall pay to Lessor, as and for liquidated
damages:

               (i) The amount of Rent and Additional Amounts which would be
payable under this Lease by Lessee if this Lease were still in effect, less

               (ii) The net proceeds of any reletting, after deducting all of
Lessor's reasonable expenses in connection with such reletting, including
without limitation all reasonable repossession costs, brokerage commissions,
legal expenses, attorneys' fees, alteration and repair costs and expenses of
preparation for such reletting. Lessor's reasonable expenses of reletting shall
not include the cost of constructing any new Improvements on the Parcel nor
shall any duty of Lessor to mitigate damages be construed as obligating Lessor
to construct new Improvements on the Parcel.

Lessee shall pay such damages to Lessor annually on the date that payment of
Rent is due, and Lessor shall be entitled to recover from Lessee annually as the
same shall arise. Lessee shall be liable for such damages on an annual basis,
whether or not in any prior Lease Year or Lease Years the net proceeds described
in subparagraph (ii) above shall have exceeded the Rent and Additional Amounts
described in subparagraph (i) above.

          (e) In the event of any breach or threatened breach by Lessee of any
of the terms, covenants or agreements contained in this Lease, Lessor shall
have, in addition to any specific remedies provided in this Lease, the right to
invoke any right or remedy allowed by law or in equity or by statute or
otherwise, including the right to enjoin such breach or threatened breach.

     17.3 Waiver. No waiver or breach of any Term of this Lease shall be
construed as a waiver of any succeeding breach of the same or any other term.

                                   ARTICLE 18
                                  HOLDING OVER

     18.1 No Holding over. There shall not be any holding over by Lessee or any
assignee or sublessee, upon the expiration or cancellation of this Lease for any
reason. If nevertheless there be any holding over by Lessee or any assignee or
sublessee, the holding over shall give rise to a tenancy at the sufferance of
Lessor upon the same terms and conditions as are provided for herein with a Rent
for the holdover period commensurate with, but in no event less than, the
previous year's Rent.

                                       24

<PAGE>

                                   ARTICLE 19
                                    MORTGAGES

     19.1 Definition. Any instrument including, but not limited to, a deed of
trust, mortgage, agreement for sale or other security device which creates an
encumbrance on Lessee's or any sublessee's leasehold interest, and which is
filed with Lessor as set forth in this Article 19 ("Mortgages"), is herein
referred to as a "Permitted Mortgage" unless it is held by an Affiliated Entity,
and the holder of the Permitted Mortgage is herein referred to as a "Leasehold
Mortgagee". In no event shall an Affiliated Entity be deemed a Leasehold
Mortgagee.

     19.2 Filing. No Leasehold Mortgagee shall be entitled to the rights set
forth in this Article 19 ("Mortgages") until a true copy thereof is filed with
Lessor. The term of any such obligation secured by a Permitted Mortgage shall
not be longer than the then remaining Term of this Lease, as such may be
extended.

     19.3 Preconditions. Lessee, or any sublessee leasing under a sublease
approved by Lessor, from time to time during the Term of this Lease may make one
or more Permitted Mortgages upon their leasehold interests, or any fractional
portion thereof without the prior written consent of the Lessor; provided that:

          (a) The Lessee, sublessee or the Leasehold Mortgagee shall promptly
deliver to the Lessor in the manner herein provided for the giving of notice to
the Lessor, a true copy of the Permitted Mortgage and of any assignment thereof
and shall notify the Lessor of the address of the Leasehold Mortgagee to which
notices may be sent; and

          (b) Each Permitted Mortgage shall contain provisions permitting the
disposition and application of condemnation awards in the manner provided in
this Lease.

     19.4 Conditions. With respect to any Permitted Mortgage filed in accordance
with the provisions of Paragraph 19.2 ("Filing") hereof, the following
provisions shall apply:

          (a) Lessor, upon providing Lessee any notice of: (i) default under
this Lease, or (ii) a termination of this Lease, or (iii) a matter on which
Lessor may predicate or claim a default, shall at the same time provide a true
copy of such notice to every Leasehold Mortgagee. No such notice by Lessor to
Lessee shall be deemed to have been duly given unless and until a copy thereof
has been so provided to every Leasehold Mortgagee that has filed a notice with
Lessor in accordance with Paragraph 19.2 ("Filing"). From and after such notice
has been given to a Leasehold Mortgagee, such Leasehold Mortgagee shall have the
same period after the receipt of such notice for remedying any default or acts
or omissions which are the subject matter of such notice or causing the same to
be remedied, as is given Lessee. If an event of default is of a nature that it
can reasonably be cured, by lawful means, only by Leasehold Mortgagee obtaining
actual physical

                                       25

<PAGE>

possession of the Premises, or any part thereof, the period for curing the
default shall be extended so long as (i) the Leasehold Mortgagee is pursing such
self-help as is available under applicable law or (ii) such Leasehold Mortgagee
shall be diligently attempting to obtain, in a court of competent jurisdiction,
the right to actual physical possession of the Premises or any part thereof, and
the Leasehold Mortgagee cures all other events of default which are susceptible
of being cured by the Leasehold Mortgagee.

          (b) Any Leasehold Mortgagee shall have the right to cure any default
of Lessee hereunder whether the same consists of the failure to pay Rent or any
other sums due and owing hereunder or the failure to perform any other matter or
thing which the Lessee is hereby required to do or perform, and the Lessor shall
accept such performance on the part of the Leasehold Mortgagee as though the
same had been done or performed by the Lessee.

          (c) Any Leasehold Mortgagee may, at the time of any damage or
destruction, by fire or otherwise, to all or any portion of the Premises or any
property thereon, at no cost or expense to Lessor, repair or replace the same,
as the case may be.

          (d) Lessor will take no action by reason of any default on the part of
Lessee so long as the periods for the Leasehold Mortgagee's opportunity to cure
Lessee's defaults as set forth herein have not run. In the event Lessor issues
an order canceling this Lease, the order shall not become final until any
foreclosure action by a Leasehold Mortgagee, registered with Lessor pursuant to
Paragraph 19.2 ("Filing") of this Lease, is finally resolved, if the Leasehold
Mortgagee does both of the following:

               (i) Within thirty (30) days of the date of issuance of a notice
of default, files written notice the Lessor of its intent to proceed with a
foreclosure action, and

               (ii) Within one hundred twenty days (120) of the date of issuance
of a notice of default, has commenced either a foreclosure action in court or a
nonjudicial foreclosure of a deed of trust, and has provided Lessor with a
certified copy of the complaint or other document that officially commences the
foreclosure process, and thereafter prosecutes the foreclosure with reasonable
diligence.

Such Leasehold Mortgagee shall not be required to continue such possession or
continue such foreclosure or other proceedings if the default which would have
been the reason for serving such a notice shall be cured. In addition, so long
as Lessor has provided notice and an opportunity to cure to Lessee and any
Leasehold Mortgagee as provided herein, nothing herein shall preclude the Lessor
from exercising any rights or remedies under this lease with respect to any
other default by the Lessee during any period of such forbearance. If the
Leasehold Mortgagee holding a Permitted Mortgage encumbering Lessee's leasehold
interest or a purchaser at a foreclosure or trustee's sale (a "Purchaser") shall
acquire title to Lessee's leasehold interest by foreclosure, or by assignment in
lieu of foreclosure, or otherwise, and shall cure all defaults of Lessee which
are required to be cured by

                                       26

<PAGE>

such Leasehold Mortgagee or Purchaser pursuant hereto, as the case may be, then
such defaults of Lessee or any prior holder of the Lessee's leasehold interests
which are not required to be cured by such Leasehold Mortgagee (or Purchaser)
shall no longer be deemed to be defaults hereunder.

          (e) Any Leasehold Mortgagee or Purchaser of the Lessee's or, if
applicable, any sublessee's leasehold interest (or any portion thereof) may
become the legal owner and holder of all or a portion of this Lease or such
sublease by judicial or non-judicial foreclosure of a Permitted Mortgage or as a
result of the assignment of this Lease or such sublease in lieu of foreclosure
without Lessor's consent, whereupon such Leasehold Mortgagee or Purchaser at a
foreclosure sale shall immediately become and remain liable under this Lease (or
such sublease) to the same extent as Lessee (or such sublessee), and any and all
benefits that would thereafter accrue to Lessee (or such sublessee) under this
Lease (or such sublease) shall belong to such Leasehold Mortgagee or Purchaser.
In case any such Leasehold Mortgagee or Purchaser by foreclosure of Lessee's
interest becomes the owner and holder of this Lease, any of the same events
described in Paragraph 17.1 ("Events") by such Leasehold Mortgagee or Purchaser
shall constitute a default, and Lessor shall be entitled to the same remedies,
but only with respect to that part or portion of the Premises held under this
Lease by such Leasehold Mortgagee or Purchaser. Nothing contained herein shall
be construed or interpreted to preclude Lessor from exercising any of its rights
and remedies hereunder if Leasehold Mortgagee or Purchaser, within the periods
provided herein, fails to cure any event of default occurring after the
Leasehold Mortgagee or Purchaser acquires its interest herein.

          (f) If such Leasehold Mortgagee or Purchaser is a trustee, each and
every obligation of such trustee shall be binding upon it solely in its
fiduciary capacity and shall have no force and effect against such trustee in
its individual capacity.

          (g) Lessor shall upon request of a Leasehold Mortgagee execute,
acknowledge and deliver to such Leasehold Mortgagee, an agreement prepared at
the sole cost and expense (excluding, however, the cost of any attorneys' fees
incurred by Lessor) of Lessee, the Leasehold Mortgagee or the sublessee if the
Permitted Mortgage is on any sublessee's interest, in form satisfactory to such
Leasehold Mortgagee between Lessor, Lessee (or sublessee), and Leasehold
Mortgagee, agreeing to all of the provisions of this Section.

          (h) Lessor agrees that the name of any Leasehold Mortgagee may be
added as an additional insured or to the "loss payable endorsement" or named
under a standard mortgagee clause of any and all insurance policies carried by
Lessee (or sublessee, if applicable). The proceeds arising from any insurance
policies are to be held by a bank or trust company chosen by such Leasehold
Mortgagee which is authorized to do business in Arizona and has a net worth of
$10,000,000.00 or more (the "Depository"), and distributed pursuant to the
provisions of this Lease, or, subject to Lessor's prior approval, by the
Leasehold Mortgagee whose Permitted Mortgage encumbers Lessee's interest and is
prior in lien to any other Leasehold Mortgagee, but the Leasehold Mortgagee may
reserve its right to apply to the mortgage debt all, or any part, of Lessee's
share of such proceeds pursuant to the Permitted Mortgage.

                                       27

<PAGE>

          (i) Any Leasehold Mortgagee shall be given prompt notice by Lessor of
any arbitration proceedings or legal proceedings by the parties hereto involving
obligations under this Lease, and shall have the right to intervene therein and
be made a party to such proceedings, and the parties hereto do hereby consent to
such intervention. In the event that any Leasehold Mortgagee shall not elect to
intervene or become a party to such proceedings, the Leasehold Mortgagee shall
receive notice of, and a copy of, any award or decision made in said arbitration
proceedings which shall be binding on all Leasehold Mortgagees not intervening
after receipt of notice of arbitration.

          (j) As to any Permitted Mortgage of Lessee's leasehold interest,
Lessor consents to a provision therein for an assignment of rents due from
sublessee to the holder thereof, effective upon any default under such Permitted
Mortgage, subject to Lessee's or Lessor's right to collect such rents. The
holder thereof in any action to foreclose the same shall be entitled to the
appointment of a receiver.

          (k) Nothing herein contained shall be deemed to impose any obligation
on the part of Lessor to deliver physical possession of the Premises to any
Leasehold Mortgagee, or to its nominee. Lessor agrees, however, that Lessor
will, at the sole cost and expense of such Leasehold Mortgagee, or its nominee,
cooperate in the prosecution of summary proceedings to evict the then defaulting
Lessee (or sublessee, if applicable).

          (l) Lessee may delegate irrevocably to any Leasehold Mortgagee holding
a Permitted Mortgage encumbering Lessee's leasehold interest the authority to
exercise any or all of Lessee's rights hereunder, but no such delegation shall
be binding upon Lessor unless and until either Lessee or said Leasehold
Mortgagee gives to Lessor a true copy of a written instrument effecting such
delegation. Such delegation of authority may be effected by the terms of the
Permitted Mortgage itself, in which case the service upon Lessor of a true copy
of the Permitted Mortgage in accordance with this Article 19 ("Mortgages"),
together with a written notice specifying the provision therein which delegates
such authority to said Leasehold Mortgagee, shall be sufficient to give Lessor
notice of such delegation. The rights set forth in this paragraph shall not
affect, modify, or limit the rights of the Leasehold Mortgagee contained in this
Lease or Lessee's duties and obligations hereunder.

          (m) No payment made to Lessor by a Leasehold Mortgagee shall
constitute an agreement that such payment is, in fact, due under the terms of
this Lease. A Leasehold Mortgagee having made any payment to Lessor pursuant to
Lessor's wrongful, improper, or mistaken demand shall be entitled to the return
of any such payment or a portion thereof provided such Leasehold Mortgagee shall
have made demand therefor not later than one year after the date of its payment.

          (n) Lessor shall, without charge, at any time and from time to time
hereafter, within ten (10) days after written request of Lessee, any sublessee,
or Leasehold Mortgagee to do so, certify by written instrument duly executed and
acknowledged to any Leasehold Mortgagee or sublessee, Purchaser, assignee of any
right, title or interest of Lessee in this Lease or proposed

                                       28

<PAGE>

Leasehold Mortgagee sublessee, Purchaser, or assignee of any right, title or
interest of Lessee in this Lease or any other person, firm, or corporation
specified in such request: (i) as to whether this Lease has been supplemented or
amended, and if so, the substance and manner of such supplement or amendment;
(ii) as to the existence of any default hereunder to the best of Lessor's
knowledge; (iii) as to the Commencement Date and Expiration Date of the Lease
Term; (iv) acknowledging that the lienholder is a Leasehold Mortgagee; (v) as to
whether the Lessor has assigned its interests or any portion thereof in this
Lease and, to the best of its knowledge, as to whether the Lessee has assigned
it interests or any portion thereof in the Lease; (vi) certifying that, to the
best of Lessor's knowledge, there has been no violation of any law, ordinance or
governmental rule or regulation relating to the Premises; (vii) acknowledging
that the creation of the Permitted Mortgage or the Leasehold Mortgagee's
acquisition of Lessee's interest in the Premises by foreclosure or otherwise
will not constitute an event of default under the Lease; and (viii) as to any
other matters as may be reasonably so requested. Any such certificate may be
relied upon by the Lessee and any other person, firm, or corporation to whom the
same may be exhibited or delivered.

          (o) Nothing herein contained shall require any Leasehold Mortgagee or
Purchaser, as a condition to its exercise of rights, to cure any default of
Lessee not reasonably susceptible of being cured by such Leasehold Mortgagee or
Purchaser, including but not limited to, a default related to bankruptcy and
insolvency and any other sections of this Lease that may impose conditions of
default not susceptible to being cured by a Leasehold Mortgagee or Purchaser.
Such failure to cure shall not constitute a default hereunder upon the Leasehold
Mortgagee or Purchaser taking possession of the Premises through foreclosure of
the Leasehold Mortgage or Deed-in-Lieu thereof.

          (p) So long as any Permitted Mortgage of Lessee's leasehold interest
is in existence, unless all Leasehold Mortgagees holding Permitted Mortgages of
Lessee's leasehold interest shall otherwise consent in writing, the fee title to
the Premises and the leasehold estate of Lessee therein created by this Lease
shall not merge but shall remain separate and distinct, notwithstanding the
acquisition of such fee title by Lessee or by a third party, by purchase or
otherwise. In addition, this Lease shall not be terminated or modified by an
agreement between Lessor and Lessee without the consent of all Leasehold
Mortgagees.

     19.5 Limitations. This Lease grants to any Leasehold Mortgagee only those
rights expressly set forth herein, regardless of the terms of the Permitted
Mortgages or other documents executed in connection therewith.

                                   ARTICLE 20
                             ENVIRONMENTAL MATTERS

     20.1 Definition of Regulated Substances and Environmental Laws. For
purposes of this Lease, the term "Environmental Laws" shall include but not be
limited to any relevant federal, state, or local environmental laws, and the
regulations, rules and ordinances, relating to environmental

                                       29

<PAGE>

matters, and publications promulgated pursuant to the local, state, and federal
laws and any rules or regulations relating to environmental matters. For the
purpose of this Agreement, the term "Regulated Substances" shall include but not
be limited to substances defined as "regulated substance," "solid waste,"
"hazardous waste," "hazardous materials," "hazardous substances," "toxic
materials," "toxic substances," "inert materials," "pollutants," "toxic
pollutants," "herbicides," "fungicides," "rodenticides," "insecticides,"
"contaminates," "pesticides," "asbestos," "environmental nuisance," "criminal
littering," or "petroleum products" as defined in Environmental Laws.

     20.2 Compliance with Environmental Laws. Lessee/Permittee ("Lessee") shall
strictly comply with all Environmental Laws, including, without limitation,
water quality, air quality, and handling, transportation, storage, treatment, or
disposal of any Regulated Substance on, under, or from the Premises. Without
limiting the foregoing, compliance includes that Lessee shall: (a) comply with
all reporting obligations imposed under Environmental Laws; (b) obtain and
maintain all permits required by Environmental Laws and provided a copy to
Lessor within ten business days of receipt of the permit; (c) provide copies of
all documentation required by Environmental Laws to Lessor within ten business
days of Lessee's submittal and/or receipt of the documentation; (d) during the
Term of this Lease, provide copies of all information it receives or obtains
regarding any and all environmental matters relating to the premises, including
but not limited to environmental audits relating to the Premises regardless of
the reason for which the information was obtained or whether or not the
information was required by Environmental Laws; and (e) prevent treatment,
storage, disposal, handling or use of any Regulated Substances within the
Premises without prior written authorization from Lessor.

     20.3 Designated Compliance Officer. Lessee at all times shall employ or
designate an existing employee, consultant or representative (the "Designated
Compliant Officer") who is responsible for knowing all Environmental Laws
affecting Lessee and Lessee's business and monitoring Lessee's continued
compliance with applicable Environmental Laws. Upon request by Lessor, Lessee
shall make the Designated Compliance Officer available to discuss Lessee's
compliance, answer any questions, and provide such reports and confirming
information as Lessor may reasonably request.

     20.4 Audit. At any time, Lessor may request the Lessee to provide an
environmental audit of the Premises performed by an Arizona registered
professional engineer or an Arizona registered geologist. Lessee shall pay the
entire cost of the audit.

     20.5 Environmental Assessment. At any time during the Term of the lease,
Lessor may require Lessee to obtain one Phase I environmental assessment of the
Premises performed by an Arizona registered professional engineer or an Arizona
registered geologist. If, based upon the Phase I environmental assessment or its
own independent investigation, Lessor identifies any possible violation of
Environmental Laws or the terms of this Lease, Lessor may require Lessee to
conduct additional environmental assessments as Lessor deems appropriate for the
purpose of ensuring that the Premises are in compliance with Environmental Laws.
The Phase I assessment, or any other

                                       30

<PAGE>

assessment required by Lessor, shall be obtained for the benefit of both Lessee
and Lessor. A copy of the Phase I report shall be provided both to Lessee and
Lessor. Lessor, in its sole discretion, shall have the right to require Lessee
to perform additional assessments of any damage to the Premises arising out of
any violations of Environmental Laws. If Lessee fails to obtain any assessment
required by Lessor, Lessee shall pay the entire costs of any and all assessments
required by Lessor, notwithstanding the expiration or termination of the Lease.

     20.6 Indemnity for Environmental Damage. Lessee shall defend, indemnify and
hold Lessor harmless from and against any and all liability, obligations,
losses, damages, penalties, claims, environmental response and cleanup costs and
fines, and actions, suits, costs, taxes, charges, expenses and disbursements,
including legal fees and expenses of whatever kind or nature (collectively,
"claims" or "damages") imposed on, incurred by, or reserved against Lessor in
any way relating to or arising out of any non-compliance by Lessee, Lessee's
successors or sublessees, with any Environmental Laws, the existence or presence
from and after the Commencement Date of any Regulated Substance, on, under, or
from the Premises, and any claims or damages in any way relating to or arising
out of the removal, treatment, storage, disposition, mitigation, cleanup or
remedying of any Regulated Substance on, under, or form the Premises by the
Lessee, its agents, contractors, or subcontractors.

     20.7 Scope of Indemnity. This indemnity shall include, without limitation,
claims or damages arising out of any and all violations of Environmental Laws
regardless of any real or alleged fault, negligence, willful misconduct, gross
negligence, breach of warranty, or strict liability on the part of any of the
indemnitees. This indemnity shall survive the expiration or termination of this
Lease and/or transfer of all or any portion of the Premises and shall be
governed by the laws of the State of Arizona.

     20.8 Lessee's Participation in the Defense. In the event any action or
claim is brought or asserted against Lessor which is or may be covered by this
indemnity, the Lessee shall fully participate, at Lessee's expense, in the
defense of the action or claim including but not limited to the following: (a)
the conduct of any required cleanup, removal or remedial actions and/or
negotiations, (b) the conduct of any proceedings, hearings, and/or litigation,
and (c) the negotiation and finalization of any agreement or settlement. Lessor
shall retain the right to make all final decisions concerning the defense.

     20.9 Restoration. Prior to the termination of this Lease and in addition to
those obligations set forth in this Lease, Lessee shall restore the Premises by
removing any and all Regulated Substances. In addition, the restoration shall
include, but not be limited to, removal of all waste and debris deposited by the
lessee. If the Premises or any portions thereof are damaged or destroyed from
the existence or presence of any Regulated Substance or if the Premises or any
portions thereof are damaged or destroyed in any way relating to or arising out
of the removal, treatment, storage, disposition, mitigation, cleanup or
remedying of any Regulated Substance, the Lessee shall arrange, at its expense,
for the repair, removal, remediation, restoration, and reconstruction to the
Premises to the original condition existing on the date that the Lessee first
occupied the Premises, to the satisfaction of Lessor. In any event, any damage,
destruction, or restoration by Lessee shall not relieve Lessee from its
obligations and liabilities under this Lease.

                                       31

<PAGE>

                                   ARTICLE 21
                                   ARBITRATION

     21.1 Jurisdiction. The parties hereby agree that after Lessee has exhausted
its administrative remedies as may be required by law, all claims, disputes and
other matters in question hereunder shall be subject to arbitration as set forth
below; provided, however, that the arbitrators shall have no power to change any
of the provisions of this Lease in any respect nor shall they have any power to
make an award of reformation and the jurisdiction of the arbitrators is hereby
expressly limited accordingly.

     21.2 Request. Either party may serve the other with a written request for
arbitration which shall also specify the name and address of one person
designated to act as arbitrator on behalf of that party. Within thirty (30) days
after the service of such request, the other party shall give to the first party
written notice specifying the name and address of the person designated to act
as arbitrator on its behalf. If the other party fails to so notify the first
party within the time above specified, then the appointment of the second
arbitrator shall be made by the first arbitrator. The two arbitrators chosen
shall meet within ten (10) days after the second arbitrator is appointed and
shall appoint a third arbitrator who shall be a competent, impartial person, and
in the event of their being unable to agree upon such appointment within ten(10)
days after the time aforesaid, the said arbitrator shall be selected by the
parties themselves if they can agree thereon within a further period of twenty
(20) days. If the parties do not so agree, then either party on behalf of both
may request the American Arbitration Association to appoint such third
arbitrator. The person so appointed pursuant to this Article must be an
attorney-at-law actively engaged in the practice of law in Arizona for at least
ten (10) years.

     21.3 Rules. Said arbitration shall be conducted in accordance with the
rules for Commercial arbitration then in effect for the American Arbitration
Association or any successor organization thereto.

     21.4 Decision. The arbitrators shall render their decision, upon the
concurrence of at least two of their number, within thirty (30) days after the
appointment of the third arbitrator. Their decision shall be in writing and
counterpart copies shall be delivered to each of the parties. A decision in
which any two of the arbitrators acting hereunder concur may be appealed de novo
directly to the superior Court of Arizona, Maricopa County within thirty (30)
days of the date of the decision. Unless so appealed, such decision shall in all
cases be final, binding and conclusive upon the parties and judgment upon the
decision may be entered by any court having jurisdiction thereof.

     21.5 Fees. Unless otherwise required by the decision of the arbitrators,
each party shall pay the fees and expenses of the original arbitrator appointed
by such party or in whose stead, as above provided, such arbitrator was
appointed, and the fees and expenses of the third arbitrator, if any shall be
borne equally by the parties. Each party shall bear the expense of its own
counsel, experts, and preparation and presentation of proof.

                                       32

<PAGE>

     21.6 Injunctive Relief. Nothing contained herein shall preclude either
party from obtaining temporary restraining orders or other injunctive relief
issued by courts of law or equity pending the outcome of arbitration pursuant
hereto.

     21.7 Mandatory Arbitration. To the extent applicable, Lessor and Lessee
agree to make use of mandatory arbitration pursuant to A.R.S.(S) 12-133.

                                   ARTICLE 22
                               MUTUAL CANCELLATION

     22.1 Mutual Cancellation. This lease may be terminated prior to the
expiration date upon written agreement signed by both Lessor and Lessee. The
agreement shall specify the terms and conditions of such a cancellation and may
include but shall not be limited to an acceleration of the amortization of the
improvements. In consideration of mutual termination of this Lease, Lessee shall
pay Lessor an amount equal to eighteen (18) months rental, based on the rents
due for the Lease Years following the termination.

     22.2 Lessee's Termination. Lessee may terminate this Lease after the
fifteenth anniversary of the commencement Date, with not less than 180 days
prior written notice to Lessor, provided that:

          (a) Lessee has paid the annual rental for the calendar year in which
the termination takes effect;

          (b) Lessee waives its rights and interest, if any, to pro rata refund
of prepaid or paid rental; and

          (c) In consideration of such early termination, (i) Lessee conveys to
Lessor all right, title, and interest in and to the Improvements, free and clear
of all monetary liens, reimbursement rights, and encumbrances, or, at Lessor's
option, (ii) Lessee, at Lessee's sole cost and expense, removes the Improvements
from the Parcel. The aforesaid written notice shall include a reference to this
Paragraph 22.2 and a request that Lessor notify Lessee of its election of
alternative (i) or (ii) above more than sixty (60) days before the termination
date.

          (d) Lessee agrees to allow access to Lessor and make the Premises
available to Lessor for marketing purposes, including walk-throughs by potential
Lessees.

          (e) Lessee agrees to provide Lessor with a three (3) year prepaid
Liability and Property damage insurance policy, naming Lessor as Primary
insured. In the event the Lessor should lease the Premises prior to expiration
of said Insurance Policy, the Lessor hereby waives any right to a refund of
pre-paid premiums.

          (f) In consideration of such early termination, if Lessee provides
Lessor with three (3) years advance written notice, Lessee shall pay Lessor an
amount equal to six (6) months pro rata portion of the following year's Base
Rent; or if Lessee provides Lessor with two (2) years advance written notice,
Lessee shall pay Lessor an amount equal to one (1) years' Base Rent, based on
the rent for the subsequent lease year; or if Lessee provides Lessor with One
(1) year or less, advance written notice, Lessee shall pay Lessor an amount
equal to two (2) years Base Rent, based on the rent for the subsequent lease
year.

     22.3 Proration of Rent. Upon cancellation or termination for any reason
Rent shall not be pro-rated unless specifically stipulated elsewhere in this
document.

                                       33

<PAGE>

                                   ARTICLE 23
                                  MISCELLANEOUS

     23.1 Rights. This Lease grants Lessee only those rights expressly and
unequivocally granted herein and Lessor retains and reserves all other rights in
the Premises.

     23.2 Binding Effect. Each provision of this Lease shall extend to, be
binding on and inure to the benefit of not only Lessee but each of its
respective heirs, administrators, executors, successors and assigns. When
reference is made in this Lease to either "Lessor" or "Lessee", the reference
shall be deemed to include, wherever applicable, the heirs, administrators,
executors, successors and assigns of the parties. This Lease shall be binding
upon all subsequent owners of the Premises, and of any interest or estate
therein or lien or encumbrance thereon.

     23.3 No Partnership. The relationship of the parties is that of Lessor and
Lessee, and it is expressly understood and agreed that Lessor does not in any
way or for any purpose become a partner of Lessee or a joint venturer with
Lessee in the conduct of Lessee's business or otherwise, and that the provisions
of any agreement between Lessor and Lessee relating to Rent are made solely for
the purpose of providing a method by which Rent is to be measured and
ascertained.

     23.4 Quitclaim Upon Termination. After the expiration, cancellation, or
termination of this Lease, Lessee shall execute, acknowledge and deliver to
Lessor within thirty (30) days after written demand from Lessor to Lessee, any
document requested by Lessor quitclaiming any right, title or interest in the
Leasehold to Lessor or other document required by any reputable title company to
remove the cloud of this Lease from the Premises; provided, however, such
document shall not act to diminish or terminate any rights of the owner of
Improvements to remove the Improvements as set forth herein.

     23.5 Titles. The titles to the Articles of this Lease are not a part of
this Lease and shall have no effect upon the construction or interpretation of
any part of the Lease.

     23.6 Notices. Any notice to be given or other document to be delivered to
Lessee or Lessor hereunder shall be in writing and delivered to Lessee or Lessor
by depositing same in the United States Mail, with prepaid postage thereon and
addressed as follows:

     TO Lessor: Arizona State Land Department
                     1616 West Adams Street - First Floor
                     Phoenix, Arizona 85007

     TO Lessee: Address of Record, with a copy to all Leasehold Mortgagees

Lessee must notify Lessor by written notice of any change in address within
thirty (30) days. Lessor may, by written notice to Lessee designate a different
address. A copy of any notice to Lessee shall also be given to all Leasehold
Mortgagees. Notice shall be deemed given upon delivery in case of personal
delivery or 5 days following deposit in the U.S. Mails.

                                       34

<PAGE>

     23.7 No Promise To Sell. Lessee acknowledges that it has not been induced
to enter into this Lease by any promise from Lessor or any of its agents,
servants or employees that the Parcel will be offered for sale at any time.

     23.8 Cancellation. Lessor may cancel this Lease within three (3) years of
execution, without penalty or further obligation, if any person significantly
involved in initiating, negotiating, securing, drafting or creating the Lease on
behalf of Lessor or any of its departments or agencies is, at any time while the
Lease or any extension of the Lease is in effect, an employee of any other party
to the Lease in any capacity, or a consultant to any other party of the Lease
with respect to the subject matter of the Lease. The cancellation shall be
effective when written notice from the Governor is received by all other parties
to the Lease unless the notice specifies a later time. This provision is subject
to the statutory rights of all Leasehold Mortgagees as provided by law and the
statutory limits on this right of cancellation.

     23.9 Applicable Law. This lease is subject to all current and subsequently
enacted rules, regulations and laws applicable to State lands and to the rights
and obligations of Lessors and Lessees. No provision of this Lease shall create
any vested right in Lessee except as otherwise specifically provided in this
Lease.

     23.10 Amendment. This Lease may be amended only as permitted by law, in
writing and upon agreement by Lessor and Lessee.

     23.11 Attorneys' Fees. In any action arising out of this Lease, the
prevailing party is entitled to recover reasonable attorneys' fees and costs in
addition to the amount of any judgment, costs and other expenses as determined
by the court. In the case of Lessor, reasonable attorneys' fees shall be
calculated at the reasonable market value for such services when rendered by
private counsel, notwithstanding that it is represented by the Arizona Attorney
General's Office or other salaried counsel.

     23.12 Execution. This document is submitted for examination. This is not an
option or offer to lease or grant a permit. This document shall have no binding
effect on the parties unless and until executed by Lessor (after execution by
the Lessee), and a fully executed copy is delivered to the Lessee.

     23.13 Severability. If any provision of this Lease or any application
thereof shall be invalid or unenforceable, the Lease shall remain in full force
and effect if such provision was not a material inducement to the benefitted
party and the remaining provisions permit the parties to achieve the practical
benefits of the arrangements contemplated hereby.

     23.14 Mortgagee Request. If any Leasehold Mortgagee to whom the Lessee
proposes to make a Permitted Mortgage on Lessee's leasehold interest shall
require as a condition to making any loan secured by such Permitted Mortgage
that Lessor agree to amend this Lease, then Lessor expressly agrees that it will
make the requested amendments; provided that, the amendments do not impair
Lessor's interests and can be legally effected without conducting a public
hearing or advertising and offering this Lease as so amended at any public
auction.

                                       35

<PAGE>

     23.15 Memorandum. The parties shall execute and Lessee shall cause to be
recorded, at Lessee's option, a memorandum of this Lease suitable for recording
purposes, in the Official Records of Maricopa County, Arizona. The Lessee shall
be responsible for preparing and recording the necessary documents and all costs
associated therewith.

     23.16 Cooperation. The parties hereto agree to fully and reasonably
cooperate so as to allow Lessee to develop the Parcel consistent with this Lease
and the applicable zoning. Lessor's cooperation shall not include any obligation
on the part of Lessor to expend any monies on behalf of Lessee. Lessor's
cooperation shall include, but not be limited to, cooperation by executing
applications and petitions for any zoning and rezoning in accordance with
Article 6, and cooperation by executing such other and further documents as may
be reasonably required by Lessee to carry out the intent of the parties
contemplated by this Lease.

     23.17 Construction. The parties acknowledge that they have both had the
benefit of legal counsel in negotiating and drafting this lease. They therefore
agree that, notwithstanding anything contained herein to the contrary, this
Lease and all of its terms, provisions and conditions shall be construed fairly
and not against either Lessor or the Lessee.

     23.18 Governing Law. Since the parcel is situated in Arizona, this Lease
shall be governed by, construed and enforced in accordance with the laws of the
State of Arizona. Any legal proceeding arising out of this Lease shall be
brought in the Superior Court of Arizona, Maricopa County.

IN WITNESS HEREOF, the parties hereto have signed this Lease, effective the day
and year set forth previously herein.

LESSOR:                                 LESSEE:

STATE OF ARIZONA                        FAILURE ANALYSIS ASSOCIATES, INC.
Arizona State Land Department

By: /s/ Illegible                       By: /s/ Michael R. Gaulke
    --------------------------------        ---------------------------------
                                        Its: President & C.E.O.

DATED this 15th Day of February 1998.   DATED this 10th Day of February 1998.

                                       36

<PAGE>

                                   EXHIBIT A

                         ARIZONA STATE LAND DEPARTMENT
                             LEGAL DESCRIPTION FORM
================================================================================

SUBMITTED TO: JOEL GILMORE                      THIS IS TO CERTIFY THAT THIS
REFERENCE: 03-53542                             LEGAL DESCRIPTION WAS
                                                PREPARED UNDER MY DIRECTION.

THE ENGINEERING AND MAPPING SECTION HEREBY
SUBMITS THE LEGAL DESCRIPTION OF LANDS REQUIRED
AND LOCATED IN:
SEC. 7 TWP. 4N RGE. 3E co. MARICOPA
================================================================================

LEGAL DESCRIPTION:

THAT PORTION OF LOT 4, AND THE SOUTHEAST QUARTER OF THE SOUTHWEST QUARTER
(SE1/4SW1/4) AND THE SOUTH HALF OF THE SOUTHEAST QUARTER (S1/2SE1/4) OF SECTION
7, TOWNSHIP 4 NORTH, RANGE 3 EAST, OF THE GILA AND SALT RIVER MERIDIAN, MARICOPA
COUNTY, ARIZONA, BEING MORE PARTICULARLY DESCRIBED AS FOLLOWS;

COMMENCING AT THE SOUTHWEST CORNER OF SAID SECTION 7; THENCE N00 DEG.04'43"W
ALONG THE WEST LINE OF SAID SOUTHWEST QUARTER 55.00 FEET, THENCE S89 DEG.50'
28 "E, PARALLEL WITH AND 55.00 FEET NORTH OF THE SOUTH LINE OF SAID SOUTHWEST
QUARTER, 40.00 FEET TO THE TRUE POINT OF BEGINNING;
THENCE N00 DEG.04'43"W, PARALLEL WITH AND 40.00 FEET EAST OF SAID WEST LINE A
DISTANCE OF 1236.27 FEET,
THENCE N89 DEG.41'48"E PARALLEL WITH AND 30.00 FEET SOUTH OF THENORTH
LINE OF THE SOUTH HALF OF SAID SOUTHWEST QUARTER A DISTANCE OF 2483.57 FEET TO A
POINTON THE NORTH-SOUTH MIDSECTION LINE OF SAID SECTION 7,
THENCE N89 DEG.41'45"E PARALLEL WITH AND 30.00 FEET SOUTH OF THE NORTH LINE
OF SAID SOUTH HALF OF THE SOUTHEAST QUARTER OF SECTION 7, A DISTANCE OF 2630.20
FEET,
THENCE S03DEG.08'52"W, PARALLEL WITH AND 55.00 FEET WEST OF THE EAST LINE OF
SAID SOUTH HALFA DISTANCE OF 1279.09 FEET,
THENCE N89DEG.50'44"W, PARALLEL WITH AND 55.00 FEET NORTH OF THE SOUTH
LINE OF SAID SECTION 7, A DISTANCE OF 2596.45 FEET TO A POINT ON SAID
NORTH-SOUTH MIDSECTION LINE,'
THENCE N89DEG.50'28"W, PARALLEL WITH AND 55.00 FEET NORTH OF THE SAID SOUTH
LINE A DISTANCE OF 2445.34 FEET TO THE POINT OF BEGINNING.

CONTAINING 146.49 ACRES MORE OR LESS.

----------------------------------------

T.B. LEGAL:                                     /s/ Illegible
M&B IN LOT4; SESW; S2SE 146.49 AC.              --------------------------------
                                                          SIGNATURE
                                                          10/14/97
                                                            DATE

                                                                SHEET /   OF /
                                                                       --     --<PAGE>
EXHIBIT 10.1

                  AMENDED AND RESTATED STOCK EXCHANGE AGREEMENT
                  ---------------------------------------------

                  AMENDED AND RESTATED STOCK EXCHANGE AGREEMENT (this
"Agreement") dated as of March 31, 2003, by and among WinWin, Inc., a Nevada
corporation ("WinWin"), WinWin Acquisition Corp., a Nevada corporation
("Acquiror"), WinWin Gaming, Inc., f/k/a Junum Incorporated, a Delaware
corporation ("Gaming"), The Rogers Living Trust ("Rogers"), The Falcor Trust
("Falcor") and the other WinWin Stockholders signatory hereto (together with
Rogers and Falcor, the "WinWin Stockholders" or the "Exchanging Stockholders").

                              W I T N E S S E T H :

                  WHEREAS, the board of directors and majority stockholders of
Acquirer have determined that it is in the best interest of Acquirer and its
stockholders to acquire, through an exchange of stock in accordance with the
terms hereof, 100% of the outstanding common stock of WinWin (the "WinWin
Stock");

                  WHEREAS, the WinWin Stockholders have determined that it is in
their best interest to exchange each share of WinWin Stock held by them for 1.0
shares of common stock of Gaming which is held by Acquiror;

                  WHEREAS, the Parties hereto intend that the exchange of stock
of WinWin for stock of Gaming shall be treated as a transfer described in
Section 351(a) and Section 368(a)(1)(B) of the Internal Revenue Code of 1986, as
amended (the "Code"); and

                  WHEREAS, it is the intention of the parties hereto that,
immediately following consummation of the exchange of the WinWin Shares pursuant
to this Agreement, Acquirer shall own all of the outstanding shares of capital
stock of WinWin, and the WinWin Stockholders, in combination with any other
persons transferring property to Acquirer in exchange for common stock of
Acquirer pursuant to transactions contemplated by this Agreement, shall own,
immediately after the completion of such transactions, stock constituting in
excess of eighty percent of Gaming, the parent of Acquiror, within the meaning
of Section 368(c) of the Code..

                  NOW, THEREFORE, in consideration of the foregoing and other
good and valuable consideration, the receipt and sufficiency of which are hereby
acknowledged, the parties hereto agree as follows:

                                    ARTICLE I

                            EXCHANGE OF WINWIN STOCK
                            ------------------------

                  Section 1.1 EXCHANGE OF STOCK. Subject to the terms and
conditions herein stated, each WinWin Stockholder hereby agrees to assign,
transfer and deliver to Acquirer on the Closing Date, all shares of common stock
of WinWin owned by such WinWin Stockholder, and Acquirer agrees to acquire from

                                       1
<PAGE>

such WinWin Stockholders on the Closing Date, all of such shares of WinWin
common stock. In addition, Acquirer agrees to acquire any outstanding warrants
or other securities convertible into common stock of Winwin in exchange for
warrants of Gaming on the exact same terms and conditions as the acquired
Warrants and/or convertible securities. The certificates representing the WinWin
Stock shall be duly endorsed in blank, or accompanied by stock powers duly
executed in blank, by the respective the Exchanging Stockholder thereof.

                  Section 1.2 EXCHANGE PRICE. On the Closing Date, Acquirer
shall deliver to the Exchanging Stockholders, an aggregate of Eighteen Million
Five Hundred Twenty-two Thousand Eight Hundred Fifty Three (18,522,853) shares
(the "Exchange Price") of the common stock of Gaming (the "Acquirer Common
Stock"), and a Secured Debenture in the amount of $5,000,000, the form of which
is attached hereto as Exhibit A. The Exchange Price shall be distributed to all
stockholders of WinWin. Gaming shall issue to the holders of securities
convertible into, or exercisable for, shares of common stock of WinWin (the
"WinWin Convertible Securities"), new securities in the name of Gaming upon the
same terms as the WinWin Convertible Securities.

                  Section 1.3 SECURED DEBENTURE. The Secured Debenture shall be
secured by a first priority perfected security interest against 100% of the
issued and outstanding capital stock of WinWin, Inc. The Secured Debenture shall
be reduced to zero in the event WinWin earnes Net Income after taxes of at least
$10,000,000 in any one year prior to the maturity of the Secured Debenture. It
shall be an event of default, which shall permit the Exchanging Shareholders to
immediately recover the capital stock of WinWin, in the event any liability of
Junum Incorporated, or any of its current or former subsidiaries, remains
unpaid, and any creditor seeks to obtain an attachment of the capital stock of
Acquirer or WinWin, Inc., or any of their assets, or if any bankruptcy
proceeding (whether voluntary or involuntary) is commenced against Gaming.
Acquirer shall duly file appropriate UCC-1 Financing Statements to perfect such
security interest. The Exchanging Shareholders hereby appoint Patrick Rogers and
Benjamin Perry as their attorney-in-fact to receive the Secured Debenture, and
to distribute the proceeds of such Secured Debenture, if any, to the Exchanging
Shareholders prorate in accordance with their current ownership of WinWin, Inc.
Such attorneys-in-fact shall have the right to exercise all rights and
privileges of the sole and absolute holders of the Secured Debenture, including
agreeing to modifications, amendments, waivers, or any other concession which
such attorneys-in-fact shall determine in good faith to be in the best interest
of the Exchanging Shareholders currently holding a majority of the WinWin, Inc.
common stock.

                  Section 1.4 CLOSING. The closing of the transactions referred
to in Section 1.1 hereof (the "Closing") shall take place at 10:00 a.m. on March
31, 2003, or at such other time as the parties may agree upon.
Such time and date are herein referred to as the "Closing Date."

                                       2
<PAGE>

                                   ARTICLE II

              REPRESENTATIONS OF WINWIN AND EXCHANGING STOCKHOLDERS
              -----------------------------------------------------

                  WinWin hereby represents and warrants, and, with respect to
Section 2.1 and 2.2 only, each Exchanging Stockholder, severally but not
jointly, represents and warrants, as follows:

                  Section 2.1 OWNERSHIP OF WINWIN STOCK. Each Exchanging
Stockholder is the lawful owner of the number of shares of WinWin Stock being
sold by such shareholder, which shall be free and clear of all liens,
encumbrances, security interests, restrictions and claims of every kind and
character ("Encumbrances"), other than the Encumbrance, if any, that may arise
by the execution by the Exchanging Stockholders of this Agreement. The WinWin
Stock constitutes all of the issued and outstanding shares of capital stock of
WinWin. The delivery to Acquirer of the WinWin Stock pursuant to the provisions
of this Agreement will transfer to Acquirer valid title thereto, free and clear
of any and all Encumbrances.

                  Section 2.2 AUTHORIZATION AND VALIDITY OF AGREEMENT. The
Exchanging Stockholders have full power and authority (corporate or otherwise)
to execute and deliver this Agreement, to perform their obligations hereunder
and to consummate the transactions contemplated hereby. This Agreement has been
duly executed and delivered by the Exchanging Stockholders and, assuming the due
execution of this Agreement by Acquirer, is a valid and binding obligation of
each Exchanging Stockholder, enforceable against each Exchanging Stockholder in
accordance with its terms, except to the extent that its enforceability may be
subject to applicable bankruptcy, insolvency, reorganization and similar laws
affecting the enforcement of creditors' rights generally and to general
equitable principles.

                  Section 2.3 CONSENTS AND APPROVALS; NO VIOLATIONS. The
execution and delivery of this Agreement by WinWin and the Exchanging
Stockholders and the consummation by WinWin and the Exchanging Stockholders of
the exchange of the WinWin Stock as contemplated herein and the other
transactions contemplated hereby (the "Exchange") (a) will not violate the
provisions of the Articles of Incorporation or Bylaws of WinWin, (b) will not
violate any statute, rule, regulation, order or decree of any public body or
authority by which any the Exchanging Stockholder or WinWin is bound or by which
any of their respective properties or assets are bound, (c) will not require any
filing with, or permit, consent or approval of, or the giving of any notice to,
any United States governmental or regulatory body, agency or authority on or
prior to the Closing Date, and (d) will not result in a violation or breach of,
conflict with, constitute (with or without due notice or lapse of time or both)
a default (or give rise to any right of termination, cancellation, payment or
acceleration) under, or result in the creation of any Encumbrance upon any of
the properties or assets of any the Exchanging Stockholder or WinWin under, any
of the terms, conditions or provisions of any note, bond, mortgage, indenture,
license, franchise, permit, agreement, lease, franchise agreement or any other
instrument or obligation to which any the Exchanging Stockholder or WinWin is a
party, or by which they or any of their respective properties or assets may be
bound.

                                       3
<PAGE>

                  Section 2.4 EXISTENCE AND GOOD STANDING. WinWin is a
corporation duly organized, validly existing and in good standing under the laws
of the State of Nevada and has all requisite corporate power and authority to
own, lease and operate its properties and to carry on its business as now being
conducted. WinWin is duly qualified or licensed as a foreign corporation to
conduct its business, and is in good standing in each jurisdiction in which the
character or location of the property owned, leased or operated by it or the
nature of the business conducted by it makes such qualification necessary,
except where the failure to be so duly qualified or licensed would not have a
Material Adverse Effect. The term "Material Adverse Effect" means any
circumstance, change in or effect on WinWin that is materially adverse to the
business, operations, properties, financial condition or results of operations
of WinWin and its Subsidiaries, taken as a whole.

                  Section 2.5 CAPITAL STOCK. WinWin has an authorized
capitalization consisting of 50,000,000 shares of common stock, par value $.0001
per share, of which 18,522,853 shares are issued and outstanding. No other
capital stock is issued or outstanding. All such outstanding shares have been
duly authorized and validly issued and are fully paid and nonassessable. Except
as set forth on Schedule 2.5, there are no outstanding subscriptions, options,
warrants, rights, calls, commitments, conversion rights, rights of exchange,
plans or other agreements providing for the purchase, issuance or sale of any
shares of the capital stock of WinWin.

                  Section 2.6 LITIGATION. There are no (i) actions, suits or
legal, equitable, arbitrative or administrative proceedings pending, or to the
Knowledge of WinWin, threatened against WinWin or (ii) judgments, injunctions,
writs, rulings or orders by any Governmental Person against WinWin.

                  Section 2.7 TAXES. WinWin has filed all Federal, state and
foreign income tax returns and all other material tax returns that are required
to be filed by it and has paid all taxes due pursuant to such returns or
pursuant to any assessment received by it in writing and all other related
penalties and charges other than those being contested in good faith and by
appropriate proceedings. The charges, accruals and reserves on the other
governmental charges are, in the opinion of WinWin, adequate. WinWin has not
given or been requested to give a waiver of the statute of limitations relating
to the payment of Federal or other taxes.

                  Section 2.6 BROKER'S OR FINDER'S FEES. No agent, broker, firm
or other Person acting on behalf of the Exchanging Stockholders or WinWin is, or
will be, entitled to any commission or broker's or finder's fees from any of the
parties hereto, or from any Person controlling, controlled by or under common
control with any of the parties hereto, in connection with any of the
transactions contemplated herein.

                                       4
<PAGE>

                                   ARTICLE III

                           REPRESENTATIONS OF ACQUIRER
                           ---------------------------

                  Acquirer represents and warrants as follows:

                  Section 3.1 ACQUIRER STOCK. Upon the execution and delivery of
this Agreement, and the issuance of the shares of Acquirer Common Stock which
constitute the Exchange Price, all such shares shall be duly authorized, validly
issued, fully paid and nonassessable.

                  Section 2.2 AUTHORIZATION AND VALIDITY OF AGREEMENT. Each of
Gaming and Acquirer has full power and authority (corporate or otherwise) to
execute and deliver this Agreement, to perform its obligations hereunder and to
consummate the transactions contemplated hereby. This Agreement has been duly
executed and delivered by Gaming and Acquirer and, assuming the due execution of
this Agreement by WinWin and the Exchanging Stockholders, is a valid and binding
obligation of Acquirer and Gaming, enforceable against Acquirer and Gaming in
accordance with its terms, except to the extent that its enforceability may be
subject to applicable bankruptcy, insolvency, reorganization and similar laws
affecting the enforcement of creditors' rights generally and to general
equitable principles.

                  Section 3.3 CONSENTS AND APPROVALS; NO VIOLATIONS. The
execution and delivery of this Agreement by Acquirer and Gaming and the
consummation by Acquirer of the exchange of the WinWin Stock as contemplated
herein and the other transactions contemplated hereby (a) will not violate the
provisions of the Certificate of Incorporation or Bylaws of Acquirer or Gaming,
(b) will not violate any statute, rule, regulation, order or decree of any
public body or authority by which Acquirer is bound or by which any of their
respective properties or assets are bound, (c) will not require any filing with,
or permit, consent or approval of, or the giving of any notice to, any United
States governmental or regulatory body, agency or authority on or prior to the
Closing Date (as defined in Section 1.4), and (d) will not result in a violation
or breach of, conflict with, constitute (with or without due notice or lapse of
time or both) a default (or give rise to any right of termination, cancellation,
payment or acceleration) under, or result in the creation of any Encumbrance
upon any of the properties or assets of the Acquirer under, any of the terms,
conditions or provisions of any note, bond, mortgage, indenture, license,
franchise, permit, agreement, lease, franchise agreement or any other instrument
or obligation to which Acquirer is a party, or by which they or any of its
properties or assets may be bound.

                  Section 3.4 EXISTENCE AND GOOD STANDING. Acquirer is a
corporation duly organized, validly existing and in good standing under the laws
of the State of Nevada and has all requisite corporate power and authority to
own, lease and operate its properties and to carry on its business as now being
conducted. Acquirer is duly qualified or licensed as a foreign corporation to
conduct its business, and is in good standing in each jurisdiction in which the
character or location of the property owned, leased or operated by it or the
nature of the business conducted by it makes such qualification necessary,
except where the failure to be so duly qualified or licensed would not have a
Material Adverse Effect. The term "Material Adverse Effect" means any
circumstance, change in or effect on Acquirer that is materially adverse to the
business, operations, properties, financial condition or results of operations
of Acquirer, taken as a whole.

                                       5
<PAGE>

                  Section 3.5 CAPITAL STOCK. Acquirer has an authorized
capitalization consisting of 100,000 shares of common stock, par value $.001 per
share, of which 1,000 shares are issued and outstanding, and no preferred stock.
Gaming has, or will have on the Closing Date, 18,572,076 shares of common stock
outstanding, and 1,350 shares of Series B Convertible Preferred Stock
outstanding. All such outstanding shares have been duly authorized and validly
issued in accordance with applicable laws, including, without limitation, the
anti-fraud provisions of applicable federal and state securities laws and are
fully paid and nonassessable. There are no outstanding subscriptions, options,
warrants, rights, calls, commitments, conversion rights, rights of exchange,
plans or other agreements providing for the purchase, issuance or sale of any
shares of the capital stock of Acquirer. Gaming has agreed to cause the Series B
Convertible Preferred Stock to be converted into common stock within ten days
following the closing of the transactions set forth herein.

                  Section 3.6 FINANCIAL STATEMENTS. Acquirer has heretofore
furnished, or will furnish prior to the Closing Date, WinWin with the unaudited
consolidated balance sheet of Gaming as at September 30, 2002 and the related
audited statements of income and cash flows for the periods then ended (the
"Financial Statements"). To the best knowledge of Acquirer and Gaming, the
Financial Statements, including the footnotes thereto, and all financial
statements contained in any SEC Reports (defined in Section 3.7 below) have been
prepared in accordance with generally accepted accounting principles and fairly
and accurately present in all material respects the financial position of Gaming
and the results of its operations and cash flows at such dates and for such
periods. Prior to September 30, 2002, all operations of Gaming were terminated,
and subsequent to September 30, 2002, the remaining asset of Gaming, a
non-performing debt portfolio, was returned to the seller thereof in exchange
for cancellation of outstanding preferred stock of Gaming.

                  Section 3.7 SECURITIES FILINGS. Since the initial filing of
the registration statement on Form 10 by Gaming, and prior to the execution and
delivery of this Agreement, Gaming has filed various forms, reports, statements
and other documents required to be filed with the Securities and Exchange
Commission (the "SEC") and all state securities regulatory agencies, if any
(collectively, the "SEC Reports"). WinWin and its shareholders have reviewed all
of such filings, and have had the opportunity to conduct due diligence and
question current management of Gaming in connection with such due diligence, and
have satisfied themselves as to the financial condition of Gaming. WinWin and
its shareholders are not relying on any representation, warranty or promise
other than as expressly contained herein, and are relying only on their own due
diligence investigation.

                  Section 3.8 BROKER'S OR FINDER'S FEES. No agent, broker, firm
or other Person acting on behalf of Acquirer is, or will be, entitled to any
commission or broker's or finder's fees from any of the parties hereto, or from
any Person controlling, controlled by or under common control with any of the
parties hereto, in connection with any of the transactions contemplated herein.

                                       6
<PAGE>

                                   ARTICLE IV

                               CERTAIN AGREEMENTS
                               ------------------

                  Section 4.1 REASONABLE BEST EFFORTS. Each of the parties
hereto agrees to use its reasonable best efforts to take, or cause to be taken,
all action to do or cause to be done, and to assist and cooperate with the other
party hereto in doing, all things necessary, proper or advisable to consummate
and make effective, in the most expeditious manner practicable, the transactions
contemplated by this Agreement, including, but not limited to, (a) the obtaining
of all necessary waivers, consents and approvals from governmental or regulatory
agencies or authorities and the making of all necessary registrations and
filings and the taking of all reasonable steps as may be necessary to obtain any
approval or waiver from, or to avoid any action or proceeding by, any
governmental agency or authority, (b) the obtaining of all necessary consents,
approvals or waivers from stockholders and other third parties and (c) the
defending of any lawsuits or any other legal proceedings, whether judicial or
administrative, challenging this Agreement or the consummation of the
transactions contemplated hereby, including, without limitation, seeking to have
any temporary restraining order entered by any court or administrative authority
vacated or reversed.

                  Section 4.2 OPTIONS AND WARRANTS. At the Closing, all
unexercised options and warrants to purchase common stock of WinWin set forth on
Schedule 2.5 shall be converted into options and warrants to acquire, for the
same exercise price, the same number of shares of Gaming which the holder of
such options or warrants would have received had such options or warrants been
exercised immediately prior to the Closing

                  Section 4.3 TAX MATTERS. Each party hereto shall take all
reasonable actions necessary to cause the transfers of WinWin common stock to
Acquirer to qualify as tax-free transfers of property under the provisions of
Section 351(a) of the Code, or any other applicable provisions, to the extent
permitted by law, and with respect to the transfers of WinWin common stock, a
reorganization within the meaning of Section 368(a)(1)(B). Each party agrees
that it will not take any action, either before or after the Closing Date, which
would cause the transfers of such property to Acquirer pursuant to this
Agreement to fail to qualify as transfers described in Section 351(a) of the
Code and/or Section 368(a)(1)(B). The parties hereto agree that they will report
in their respective federal income Tax Returns for the taxable year including
the Closing Date that the transfers of such property did so qualify under
Section 351(a) and Section 368(a)(1)(B) of the Code, and will properly file with
such Tax Returns all information required by Treasury Regulations Sections
1.351-3 and 1.368-3. No party hereto, unless required by law, will take any Tax
reporting position inconsistent with the characterization of the transactions
contemplated by this Agreement as transfers described in Section 351(a) and/or
Section 368(a)(1)(B) of the Code.

                                       7
<PAGE>

                                    ARTICLE V

                      CONDITIONS TO ACQUIRER'S OBLIGATIONS
                      ------------------------------------

                  The acquisition of the WinWin Stock by Acquirer on the Closing
Date is conditioned upon the satisfaction or waiver, at or prior to the
consummation of the Exchange, of the following conditions:

                  Section 5.1 TRUTH OF REPRESENTATIONS AND WARRANTIES. The
representations and warranties of WinWin and the WinWin Stockholders contained
in this Agreement or in any Schedule delivered pursuant hereto shall be true and
correct in all material respects on and as of the Closing Date with the same
effect as though such representations and warranties have been made on and as of
such date (except to the extent that any such representation and warranty is
stated in this Agreement to be made as of a specific date, in which case such
representation and warranty shall be true and correct as of such specified
date).

                  Section 5.2 PERFORMANCE OF AGREEMENTS. Each and all of the
agreements of WinWin and the WinWin Stockholders to be performed at or prior to
the Closing Date pursuant to the terms hereof shall have been duly performed in
all material respects.

                  Section 5.3 NO INJUNCTION. No court or other government body
or public authority shall have issued an order which shall then be in effect
restraining or prohibiting the completion of the transactions contemplated
hereby.

                  Section 5.4 NO LITIGATION. There shall not be any action, suit
or proceeding pending or threatened that seeks to (i) make the consummation of
the transactions contemplated hereby illegal or otherwise restrict or prohibit
consummation thereof or (ii) require the divestiture by Acquirer or any of its
subsidiaries or Affiliates of shares of stock or of any business, assets or
property of any of its subsidiaries or Affiliates, or impose any material
limitation on the ability of any of them to conduct their business or to own or
exercise control of such assets, properties or stock and which, in either case,
in the reasonable, good faith determination of Acquirer has a significant
likelihood of having a material adverse effect on Acquirer.

                                   ARTICLE VI

          CONDITIONS TO WINWIN AND THE WINWIN SHAREHOLDERS' OBLIGATIONS
          -------------------------------------------------------------

                  The exchange of the WinWin Stock by the stockholders of WinWin
on the Closing Date is conditioned upon satisfaction or waiver, at or prior to
the consummation of the Exchange of the following conditions:

                                       8
<PAGE>

                  Section 6.1 TRUTH OF REPRESENTATIONS AND WARRANTIES. The
representations and warranties of Acquirer contained in this Agreement shall be
true and correct in all material respects on and as of the Closing Date with the
same effect as though such representations and warranties had been made on and
as of such date.

                  Section 6.2 PERFORMANCE OF AGREEMENTS. Each and all of the
agreements of Acquirer and Gaming to be performed at or prior to the Closing
Date pursuant to the terms hereof shall have been duly performed in all material
respects.

                  Section 6.3 NO INJUNCTION. There shall not be any action, suit
or proceeding pending or threatened that seeks to (i) make the consummation of
the transactions contemplated hereby illegal or otherwise restrict or prohibit
consummation thereof or (ii) impose any material limitation on the ability of
(a) Acquirer or WinWin to conduct their business or (b) Acquirer, WinWin or the
WinWin Stockholders to own or exercise control of their assets, properties or
stock and which, in either case, in the reasonable, good faith determination of
the WinWin Stockholders has a significant likelihood of having a material
adverse effect on Acquirer, WinWin, or the WinWin Stockholders.

                  Section 6.4 TAX FREE TRANSACTIONS. The WinWin Stockholders
shall be satisfied, in their sole discretion, that the transfer of WinWin Common
Stock to Acquirer contemplated by this Agreement shall qualify for
non-recognition of gain pursuant to Section 351(a) or Section 368(a)(1)(B) of
the Code so that such transfer in exchange for Acquirer common stock shall not
result in any tax liability to the WinWin Stockholders.

                  Section 6.5 CONVERSION OF SERIES B PREFERRED STOCK. The WinWin
Stockholders shall be satisfied, in their sole discretion, that the holders of
the Series B Preferred Stock of the Company shall have agreed to convert their
preferred stock as soon as practical following the Closing Date, but in any
event within ten days following the Closing Date.

                                   ARTICLE VII

                  SURVIVAL OF REPRESENTATIONS; INDEMNIFICATION
                  --------------------------------------------

                  Section 7.1 SURVIVAL OF REPRESENTATIONS. The representations
and warranties set forth in this Agreement shall survive for three years after
the Closing Date.

                  Section 7.2 INDEMNITIES. (a) Each Exchanging Stockholder,
severally but not jointly, hereby agrees to indemnify and hold harmless Acquirer
from and against any and all damages, claims, losses or expenses (including
reasonable attorneys' fees and expenses) ("Damages") actually suffered or paid
by Acquirer or WinWin as a result of the breach of any representation or
warranty made by such Exchanging Stockholder in this Agreement. To the extent
that the Exchanging Stockholder's undertakings set forth in this Section 7.2(a)
may be unenforceable, the Exchanging Stockholders shall contribute the maximum
amount that they are permitted to contribute under applicable law to the payment
and satisfaction of all Damages incurred by the parties entitled to
indemnification hereunder. WinWin hereby agrees to indemnify and hold harmless
Acquirer and the WinWin Stockholders from and against any and all damages,
claims, losses or expenses (including reasonable attorneys' fees and expenses)
("Damages") actually suffered or paid by Acquirer or the WinWin Stockholders as
a result of the breach of any representation or warranty made by WinWin in this
Agreement.

                                       9
<PAGE>

                  (b) Acquirer and WinWin hereby agree to indemnify and hold
harmless the Exchanging Stockholders against Damages actually suffered or paid
by the Exchanging Stockholders as a result of the breach of any representation
or warranty made by the Acquirer in this Agreement. To the extent that the
Acquirer's undertakings set forth in this Section 7.2(b) may be unenforceable,
the Acquirer and WinWin shall contribute the maximum amount that they are
permitted to contribute under applicable law to the payment and satisfaction of
all Damages incurred by the parties entitled to indemnification hereunder.

                  (c) Any party seeking indemnification under this Article VII
(an "Indemnified Party") shall give each party from whom indemnification is
being sought (each, an "Indemnifying Party") notice of any matter for which such
Indemnified Party is seeking indemnification, stating the amount of the Damages,
if known, and method of computation thereof, and containing a reference to the
provisions of this Agreement in respect of which such right of indemnification
is claimed or arises. The obligations of an Indemnifying Party under this
Article VII with respect to Damages arising from any claims of any third party
which are subject to the indemnification provided for in this Article VII
(collectively, "Third Party Claims") shall be governed by and contingent upon
the following additional terms and conditions: if an Indemnified Party shall
receive, after the Closing Date, initial notice of any Third Party Claim, the
Indemnified Party shall give the Indemnifying Party notice of such Third Party
Claim within such time frame as is necessary to allow for a timely response and
in any event within 30 days of the receipt by the Indemnified Party of such
notice; PROVIDED, HOWEVER, that the failure to provide such timely notice shall
not release the Indemnifying Party from any of its obligations under this
Article VII except to the extent the Indemnifying Party is materially prejudiced
by such failure. The Indemnifying Party shall be entitled to assume and control
the defense of such Third Party Claim at its expense and through counsel of its
choice if it gives notice of its intention to do so to the Indemnified Party
within 30 days of the receipt of such notice from the Indemnified Party;
PROVIDED, HOWEVER, that if there exists or is reasonably likely to exist a
conflict of interest that would make it inappropriate in the reasonable judgment
of the Indemnified Party (upon advice of counsel) for the same counsel to
represent both the Indemnified Party and the Indemnifying Party, then the
Indemnified Party shall be entitled to retain its own counsel, at the expense of
the Indemnifying Party, provided that the Indemnified Party and such counsel
shall contest such Third Party Claims in good faith. In the event the
Indemnifying Party exercises the right to undertake any such defense against any
such Third Party Claim as provided above, the Indemnified Party shall cooperate
with the Indemnifying Party in such defense and make available to the
Indemnifying Party, at the Indemnifying Party's expense, all witnesses,
pertinent records, materials and information in the Indemnified Party's
possession or under the Indemnified Party's control relating thereto as is
reasonably required by the Indemnifying Party. Similarly, in the event the

                                       10
<PAGE>

Indemnified Party is, directly or indirectly, conducting the defense against any
such Third Party Claim, the Indemnifying Party shall cooperate with the
Indemnified Party in such defense and make available to the Indemnified Party,
at the Indemnifying Party's expense, all such witnesses, records, materials and
information in the Indemnifying Party's possession or under the Indemnifying
Party's control relating thereto as is reasonably required by the Indemnified
Party. The Indemnifying Party shall not, without the written consent of the
Indemnified Party, (i) settle or compromise any Third Party Claim or consent to
the entry of any judgment which does not include as an unconditional term
thereof the delivery by the claimant or plaintiff to the Indemnified Party of a
written release from all liability in respect of such Third Party Claim or (ii)
settle or compromise any Third Party Claim in any manner that may adversely
affect the Indemnified Party. No Third Party Claim which is being defended in
good faith by the Indemnifying Party or which is being defended by the
Indemnified Party as provided above in this Section 7.2(c) shall be settled by
the Indemnified Party without the written consent of the Indemnifying Party.

                                  ARTICLE VIII

                                  MISCELLANEOUS
                                  -------------

                  Section 8.1 EXPENSES. Except as otherwise provided in this
Agreement, each party to this Agreement will bear its respective fees and
expenses incurred in connection with the preparation, negotiation, execution and
performance of this Agreement and the transactions contemplated herein. If this
Agreement is terminated, the obligation of each party to pay its own fees and
expenses will be subject to any rights of such party arising from a breach of
this Agreement by another party.

                  Section 8.2 WAIVER; REMEDIES CUMULATIVE. The rights and
remedies of the parties to this Agreement are cumulative and not alternative.
Neither any failure nor any delay by any party in exercising any right, power or
privilege under this Agreement or any of the documents referred to in this
Agreement will operate as a waiver of such right, power or privilege, and no
single or partial exercise of any such right, power or privilege will preclude
any other or further exercise of such right, power or privilege or the exercise
of any other right, power or privilege. To the maximum extent permitted by
applicable law, (a) no claim or right arising out of this Agreement or any of
the documents referred to in this Agreement can be discharged by one party, in
whole or in part, by a waiver or renunciation of the claim or right unless in
writing signed by the other party; (b) no waiver that may be given by a party
will be applicable except in the specific instance for which it is given; and
(c) no notice to or demand on one party will be deemed to be a waiver of any
obligation of that party or of the right of the party giving such notice or
demand to take further action without notice or demand as provided in this
Agreement or the documents referred to in this Agreement.

                                       11
<PAGE>

                  Section 8.3 ENTIRE AGREEMENT AND MODIFICATION. This Agreement
supersedes all prior agreements between the parties hereto, whether written or
oral, with respect to its subject matter, and constitutes (along with the
Exhibits and other documents delivered pursuant to this Agreement) a complete
and exclusive statement of the terms of the agreement between the parties with
respect to its subject matter. This Agreement may not be amended, supplemented,
or otherwise modified except by a written agreement executed by the party to be
charged with the amendment.

                  Section 8.4 ASSIGNMENTS, SUCCESSORS AND NO THIRD-PARTY RIGHTS.
No party may assign any of its rights or delegate any of its obligations under
this Agreement without the prior written consent of the other parties. Subject
to the preceding sentence, this Agreement will apply to, be binding in all
respects upon and inure to the benefit of the successors and permitted assigns
of the parties. Nothing expressed or referred to in this Agreement will be
construed to give any Person other than the parties to this Agreement any legal
or equitable right, remedy or claim under or with respect to this Agreement or
any provision of this Agreement, except such rights as shall inure to a
successor or permitted assignee pursuant to this Section.

                  Section 8.5 SEVERABILITY. If any provision of this Agreement
is held invalid or unenforceable by any court of competent jurisdiction, the
other provisions of this Agreement will remain in full force and effect. Any
provision of this Agreement held invalid or unenforceable only in part or degree
will remain in full force and effect to the extent not held invalid or
unenforceable.

                  Section 8.6 CONSTRUCTION. The headings of Articles and
Sections in this Agreement are provided for convenience only and will not affect
its construction or interpretation. All references to "Articles" and "Sections"
refer to the corresponding Articles and Sections of this Agreement.

                  Section 8.7 TIME OF ESSENCE. With regard to all dates and time
periods set forth or referred to in this Agreement, time is of the essence.

                  Section 8.8 NOTICES. All notices, consents, waivers and other
communications required or permitted by this Agreement shall be in writing and
shall be deemed given to a party when (a) delivered to the appropriate address
by hand or by nationally recognized overnight courier service (costs prepaid);
(b) sent by facsimile or e-mail with confirmation of transmission by the
transmitting equipment, so long as such facsimile or e-mail is followed by a
copy sent by mail; or (c) received or rejected by the addressee, if sent by
certified mail, return receipt requested, in each case to the following
addresses, facsimile numbers or e-mail addresses and marked to the attention of
the person (by name or title) designated below (or to such other address,
facsimile number, e-mail address or person as a party may designate by notice to
the other parties):

                                       12
<PAGE>

                  if to Acquirer, to it at:

                  WINWIN, INC.
                  9101 West Sahara Ave, Suite 105-D34
                  Las Vegas, Nevada 89117
                  U.S.A
                  Attn:  President

                  and if to WinWin or the Exchanging Stockholders, to it, care
                  of WinWin, Inc., at:

                  WINWIN, INC.
                  9101 West Sahara Ave, Suite 105-D34
                  Las Vegas, Nevada 89117
                  U.S.A
                  Attn:  President

                  Section 8.9 GOVERNING LAW; CONSENT TO JURISDICTION. (a) The
interpretation and construction of this Agreement, and all matters relating
hereto, shall be governed by the laws of the State of California applicable to
contracts made and to be performed entirely within the State of California.

         (b) Any proceeding, action, litigation or claim (a "Proceeding")
arising out of or relating to this Agreement or any of the transactions
contemplated herein may be brought in the courts of the State of California,
County of Los Angeles, or, if it has or can acquire jurisdiction, in the United
States District Court for the Central District of California, and each of the
parties irrevocably submits to the exclusive jurisdiction of each such court in
any such Proceeding, waives any objection it may now or hereafter have to venue
or to convenience of forum, agrees that all claims in respect of the Proceeding
shall be heard and determined only in any such court and agrees not to bring any
Proceeding arising out of or relating to this Agreement or any of the
transactions contemplated herein in any other court. The parties agree that
either or both of them may file a copy of this paragraph with any court as
written evidence of the knowing, voluntary and bargained agreement between the
parties irrevocably to waive any objections to venue or to convenience of forum.
Each party hereto hereby consents to process being served in any such action or
proceeding by the mailing of a copy thereof to the address set forth opposite
its name below and agrees that such service upon receipt shall constitute good
and sufficient service of process or notice thereof. Nothing in this paragraph
shall affect or eliminate any right to serve process in any other manner
permitted by law.

                  Section 8.10 WAIVER OF JURY TRIAL. THE PARTIES HEREBY WAIVE
ANY RIGHT TO TRIAL BY JURY IN ANY PROCEEDING ARISING OUT OF OR RELATING TO THIS
AGREEMENT OR ANY OF THE CONTEMPLATED TRANSACTIONS, WHETHER NOW EXISTING OR
HEREAFTER ARISING, AND WHETHER SOUNDING IN CONTRACT, TORT OR OTHERWISE. THE
PARTIES AGREE THAT ANY OF THEM MAY FILE A COPY OF THIS PARAGRAPH WITH ANY COURT
AS WRITTEN EVIDENCE OF THE KNOWING, VOLUNTARY AND BARGAINED-FOR AGREEMENT AMONG
THE PARTIES IRREVOCABLY TO WAIVE TRIAL BY JURY AND THAT ANY PROCEEDING
WHATSOEVER BETWEEN THEM RELATING TO THIS AGREEMENT OR ANY OF THE CONTEMPLATED
TRANSACTIONS SHALL INSTEAD BE TRIED IN A COURT OF COMPETENT JURISDICTION BY A
JUDGE SITTING WITHOUT A JURY.

                                       13
<PAGE>

                  Section 8.11 EXECUTION OF AGREEMENT. This Agreement may be
executed in one or more counterparts, each of which will be deemed to be an
original copy of this Agreement and all of which, when taken together, will be
deemed to constitute one and the same agreement. The exchange of copies of this
Agreement and of signature pages by facsimile transmission shall constitute
effective execution and delivery of this Agreement as to the parties and may be
used in lieu of the original Agreement for all purposes. Signatures of the
parties transmitted by facsimile shall be deemed to be their original signatures
for all purposes.

                                       14
<PAGE>

                  IN WITNESS WHEREOF, each of the parties have caused this
Agreement to be executed by their respective officers who have been duly
authorized, all as of the day and year first above written.

                                          WinWin, Inc.,
                                          a Nevada corporation

                                          By:      /s/ Benjamin Perry
                                                   -----------------------------
                                          Name:    Benjamin Perry
                                          Title:   President

                                          By:      /s/ Patrick Rogers
                                                   -----------------------------
                                          Name:    Patrick Rogers
                                          Title:   Secretary and Chairman

                                          WinWin Acquisition Corp.,
                                          a Nevada corporation

                                          By:      /s/ Benjamin Perry
                                                   -----------------------------
                                          Name:    Benjamin Perry
                                          Title:   President

                                          By:      /s/ Patrick Rogers
                                                   -----------------------------
                                          Name:    Patrick Rogers
                                          Title:   Secretary and Chairman

                                          WinWin Gaming, Inc.,
                                          a Delaware corporation

                                          By:      /s/ Benjamin Perry
                                                   -----------------------------
                                          Name:    Benjamin Perry
                                          Title:   President

                                          By:      /s/ Patrick Rogers
                                                   -----------------------------
                                          Name:    Patrick Rogers
                                          Title:   Secretary and Chairman

                                       15

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