Document:

EX-10.5

 Exhibit 10.5 

VROOM, INC. 

INDEMNIFICATION AGREEMENT 

THIS INDEMNIFICATION AGREEMENT (the “Agreement”) is made and entered into as
of            , 2020 between Vroom, Inc., a Delaware corporation (the “Company”),
and            (“Indemnitee”). 
 WITNESSETH THAT: 

WHEREAS, highly competent persons have become more reluctant to serve corporations as directors, officers or in other capacities unless they
are provided with adequate protection through insurance or adequate indemnification against inordinate risks of claims and actions against them arising out of their service to and activities on behalf of the corporation; 

WHEREAS, the Board of Directors of the Company (the “Board”) has determined that, in order to attract and retain
qualified individuals, the Company will attempt to maintain on an ongoing basis, at its sole expense, liability insurance to protect persons serving the Company and its subsidiaries from certain liabilities. Although the furnishing of such insurance
has been a customary and widespread practice among United States-based corporations and other business enterprises, the Company believes that, given current market conditions and trends, such insurance may be available to it in the future only at
higher premiums and with more exclusions. At the same time, directors, officers, and other persons in service to corporations or business enterprises are being increasingly subjected to expensive and time-consuming litigation relating to, among
other things, matters that traditionally would have been brought only against the Company or business enterprise itself. The Amended and Restated Certificate of Incorporation (the “Certificate of Incorporation”) and the
Amended and Restated Bylaws (the “Bylaws”) of the Company require indemnification of the officers and directors of the Company. Indemnitee may also be entitled to indemnification pursuant to the General Corporation Law of the
State of Delaware (“DGCL”). The Certificate of Incorporation, the Bylaws and the DGCL expressly provide that the indemnification provisions set forth therein are not exclusive, and thereby contemplate that contracts may be
entered into between the Company and members of the Board, officers and other persons with respect to indemnification; 
 WHEREAS, the
uncertainties relating to such insurance and to indemnification have increased the difficulty of attracting and retaining qualified individuals; 

WHEREAS, the Board has determined that the increased difficulty in attracting and retaining such persons is detrimental to the best interests
of the Company’s stockholders and that the Company should act to assure such persons that there will be increased certainty of such protection in the future; 

WHEREAS, it is reasonable, prudent and necessary for the Company contractually to obligate itself to indemnify, and to advance expenses on
behalf of, such persons to the fullest extent permitted by applicable law so that they will serve or continue to serve the Company free from undue concern that they will not be so indemnified; 

WHEREAS, this Agreement is a supplement to and in furtherance of the Certificate of Incorporation and the Bylaws of the Company and any
resolutions adopted pursuant thereto, and shall not be deemed a substitute therefor, nor to diminish or abrogate any rights of Indemnitee thereunder; and 

  
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 WHEREAS, Indemnitee does not regard the protection available under the Company’s
Certificate of Incorporation and Bylaws and insurance as adequate in the present circumstances, and may not be willing to serve as an officer or director without adequate protection, and the Company desires Indemnitee to serve in such capacity.
Indemnitee is willing to serve, continue to serve and to take on additional service for or on behalf of the Company on the condition that he or she be so indemnified. 

NOW, THEREFORE, in consideration of Indemnitee’s agreement to serve as an officer or director from and after the date hereof, the parties
hereto agree as follows: 
 1. Indemnity of Indemnitee. The Company hereby agrees to hold harmless and indemnify Indemnitee to the
fullest extent permitted by law, as such may be amended from time to time. In furtherance of the foregoing indemnification, and without limiting the generality thereof: 

(a) Proceedings Other Than Proceedings by or in the Right of the Company. Indemnitee shall be entitled to the rights of indemnification
provided in this Section l(a) if, by reason of his or her Corporate Status (as hereinafter defined), the Indemnitee is, or is threatened to be made, a party to or participant in any Proceeding (as hereinafter defined) other than a Proceeding
by or in the right of the Company. Pursuant to this Section 1(a), Indemnitee shall be indemnified against all Expenses (as hereinafter defined), judgments, penalties, fines and amounts paid in settlement actually and
reasonably incurred by him or her, or on his or her behalf, in connection with such Proceeding or any claim, issue or matter therein, if the Indemnitee acted in good faith and in a manner the Indemnitee reasonably believed to be in or not opposed to
the best interests of the Company, and with respect to any criminal Proceeding, had no reasonable cause to believe the Indemnitee’s conduct was unlawful. 

(b) Proceedings by or in the Right of the Company. Indemnitee shall be entitled to the rights of indemnification provided in this
Section 1(b) if, by reason of his or her Corporate Status, the Indemnitee is, or is threatened to be made, a party to or participant in any Proceeding brought by or in the right of the Company. Pursuant to this
Section 1(b), Indemnitee shall be indemnified against all Expenses actually and reasonably incurred by the Indemnitee, or on the Indemnitee’s behalf, in connection with such Proceeding if the Indemnitee acted in good
faith and in a manner the Indemnitee reasonably believed to be in or not opposed to the best interests of the Company; provided, however, if applicable law so provides, no indemnification against such Expenses shall be made in respect of any claim,
issue or matter in such Proceeding as to which Indemnitee shall have been adjudged to be liable to the Company unless and to the extent that the Court of Chancery of the State of Delaware shall determine that such indemnification may be made. 

(c) Indemnification for Expenses of a Party Who is Wholly or Partly Successful. Notwithstanding any other provision of this Agreement,
to the extent that Indemnitee is, by reason of his or her Corporate Status, a party to and is successful, on the merits or otherwise, in any Proceeding, he or she shall be indemnified to the maximum extent permitted by law, as such may be amended
from time to time, against all Expenses actually and reasonably incurred by him or her or on his or her behalf in connection therewith. If Indemnitee is not 

  
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wholly successful in such Proceeding but is successful, on the merits or otherwise, as to one or more but less than all claims, issues or matters in such Proceeding, the Company shall indemnify
Indemnitee against all Expenses actually and reasonably incurred by him or on his or her behalf in connection with each successfully resolved claim, issue or matter. For purposes of this Section 1(c) and without limitation,
the termination of any claim, issue or matter in such a Proceeding by dismissal, with or without prejudice, shall be deemed to be a successful result as to such claim, issue or matter. 

2. Additional Indemnity. In addition to, and without regard to any limitations on, the indemnification provided for in
Section 1 of this Agreement, the Company shall and hereby does indemnify and hold harmless Indemnitee against all Expenses, judgments, penalties, fines and amounts paid in settlement actually and reasonably incurred by him
or her or on his or her behalf if, by reason of his or her Corporate Status, he or she is, or is threatened to be made, a party to or participant in any Proceeding (including a Proceeding by or in the right of the Company), including, without
limitation, all liability arising out of the negligence or active or passive wrongdoing of Indemnitee. The only limitation that shall exist upon the Company’s obligations pursuant to this Agreement shall be that the Company shall not be
obligated to make any payment to Indemnitee that is finally determined (under the procedures, and subject to the presumptions, set forth in Sections 6 and 7 hereof) to be unlawful. 

3. Contribution. 
 (a)
Whether or not the indemnification provided in Sections 1 and 2 hereof is available, in respect of any threatened, pending or completed action, suit or proceeding in which the Company is jointly liable with Indemnitee (or would be if
joined in such action, suit or proceeding), the Company shall pay, in the first instance, the entire amount of any judgment or settlement of such action, suit or proceeding without requiring Indemnitee to contribute to such payment and the Company
hereby waives and relinquishes any right of contribution it may have against Indemnitee. The Company shall not enter into any settlement of any action, suit or proceeding in which the Company is jointly liable with Indemnitee (or would be if joined
in such action, suit or proceeding) unless such settlement provides for a full and final release of all claims asserted against Indemnitee. 

(b) Without diminishing or impairing the obligations of the Company set forth in the preceding subparagraph, if, for any reason, Indemnitee
shall elect or be required to pay all or any portion of any judgment or settlement in any threatened, pending or completed action, suit or proceeding in which the Company is jointly liable with Indemnitee (or would be if joined in such action, suit
or proceeding), the Company shall contribute to the amount of Expenses, judgments, fines and amounts paid in settlement actually and reasonably incurred and paid or payable by Indemnitee in proportion to the relative benefits received by the Company
and all officers, directors or employees of the Company, other than Indemnitee, who are jointly liable with Indemnitee (or would be if joined in such action, suit or proceeding), on the one hand, and Indemnitee, on the other hand, from the
transaction or events from which such action, suit or proceeding arose; provided, however, that the proportion determined on the basis of relative benefit may, to the extent necessary to conform to law, be further adjusted by reference to the
relative fault of the Company and all officers, directors or employees of the Company other than Indemnitee who are jointly liable with Indemnitee (or would be if joined in such action, suit or proceeding), on the one hand, and Indemnitee, on the
other hand, in connection with the transaction or events that resulted in such expenses, judgments, fines or settlement amounts, as 

  
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well as any other equitable considerations which applicable law may require to be considered. The relative fault of the Company and all officers, directors or employees of the Company, other than
Indemnitee, who are jointly liable with Indemnitee (or would be if joined in such action, suit or proceeding), on the one hand, and Indemnitee, on the other hand, shall be determined by reference to, among other things, the degree to which their
actions were motivated by intent to gain personal profit or advantage, the degree to which their liability is primary or secondary and the degree to which their conduct is active or passive. 

(c) The Company hereby agrees to fully indemnify and hold Indemnitee harmless from any claims of contribution which may be brought by
officers, directors or employees of the Company, other than Indemnitee, who may be jointly liable with Indemnitee. 
 (d) To the fullest
extent permissible under applicable law, if the indemnification provided for in this Agreement is unavailable to Indemnitee for any reason whatsoever, the Company, in lieu of indemnifying Indemnitee, shall contribute to the amount incurred by
Indemnitee, whether for judgments, fines, penalties, excise taxes, amounts paid or to be paid in settlement and/or for Expenses, in connection with any claim relating to an indemnifiable event under this Agreement, in such proportion as is deemed
fair and reasonable in light of all of the circumstances of such Proceeding in order to reflect (i) the relative benefits received by the Company and Indemnitee as a result of the event(s) and/or transaction(s) giving cause to such Proceeding
and/or (ii) the relative fault of the Company (and its directors, officers, employees and agents) and Indemnitee in connection with such event(s) and/or transaction(s). 

4. Indemnification for Expenses of a Witness. Notwithstanding any other provision of this Agreement, to the extent that Indemnitee is,
by reason of his or her Corporate Status, a witness, or is made (or asked) to respond to discovery requests, in any Proceeding to which Indemnitee is not a party, he or she shall be indemnified against all Expenses actually and reasonably incurred
by him or her or on his or her behalf in connection therewith. 
 5. Advancement of Expenses. Notwithstanding any other provision of
this Agreement, the Company shall advance all Expenses incurred by or on behalf of Indemnitee in connection with any Proceeding by reason of Indemnitee’s Corporate Status within thirty (30) days after the receipt by the Company of a
statement or statements from Indemnitee requesting such advance or advances from time to time, whether prior to or after final disposition of such Proceeding. Such statement or statements shall reasonably evidence the Expenses incurred by
Indemnitee. The Indemnitee shall qualify for advances upon the execution and delivery to the Company of this Agreement, which shall constitute an undertaking by Indemnitee to repay any Expenses advanced if it shall ultimately be determined that
Indemnitee is not entitled to be indemnified against such Expenses. Any advances and undertakings to repay pursuant to this Section 5 shall be unsecured and interest free. 

6. Procedures and Presumptions for Determination of Entitlement to Indemnification. It is the intent of this Agreement to secure for
Indemnitee rights of indemnity that are as favorable as may be permitted under the DGCL and public policy of the State of Delaware. Accordingly, the parties agree that the following procedures and presumptions shall apply in the event of any
question as to whether Indemnitee is entitled to indemnification under this Agreement: 

  
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 (a) To obtain indemnification under this Agreement, Indemnitee shall submit to the Company
a written request, including therein or therewith such documentation and information as is reasonably available to Indemnitee and is reasonably necessary to determine whether and to what extent Indemnitee is entitled to indemnification. The
secretary of the Company (or whoever assumes his or her duties) shall, promptly upon receipt of such a request for indemnification, advise the Board in writing that Indemnitee has requested indemnification. Notwithstanding the foregoing, any failure
of Indemnitee to provide such a request to the Company, or to provide such a request in a timely fashion, shall not relieve the Company of any liability that it may have to Indemnitee unless, and to the extent that, such failure actually and
materially prejudices the interests of the Company. 
 (b) Upon written request by Indemnitee for indemnification pursuant to the first
sentence of Section 6(a) hereof, a determination with respect to Indemnitee’s entitlement thereto shall be made in the specific case by one of the following four methods, which shall be at the election of the Board:
(1) by a majority vote of the disinterested directors, even though less than a quorum, (2) by a committee of disinterested directors designated by a majority vote of the disinterested directors, even though less than a quorum, (3) if
there are no disinterested directors or if the disinterested directors so direct, by independent legal counsel in a written opinion to the Board, a copy of which shall be delivered to the Indemnitee, or (4) if so directed by the Board, by the
stockholders of the Company. For purposes hereof, disinterested directors are those members of the Board who are not parties to the action, suit or proceeding in respect of which indemnification is sought by Indemnitee. 

(c) If the determination of entitlement to indemnification is to be made by Independent Counsel pursuant to
Section 6(b) hereof, the Independent Counsel shall be selected as provided in this Section 6(c). The Independent Counsel shall be selected by the Board. Indemnitee may, within ten (10) days
after written notice of selection shall have been given, deliver to the Company a written objection to such selection; provided, however, that such objection may be asserted only on the ground that the Independent Counsel so selected does not meet
the requirements of “Independent Counsel” as defined in Section 13 of this Agreement, and the objection shall set forth with particularity the factual basis of such assertion. Absent a proper and timely objection,
the person so selected shall act as Independent Counsel. If a written objection is made and substantiated, the Independent Counsel selected may not serve as Independent Counsel unless and until such objection is withdrawn or a court has determined
that such objection is without merit. If, within twenty (20) days after the conclusion of the Proceeding giving rise to the request for indemnification, no Independent Counsel shall have been selected and not objected to, either the Company or
Indemnitee may petition the Court of Chancery of the State of Delaware for resolution of any objection which shall have been made by the Indemnitee to the Company’s selection of Independent Counsel and/or for the appointment as Independent
Counsel of a person selected by the court or by such other person as the court shall designate, and the person with respect to whom all objections are so resolved or the person so appointed shall act as Independent Counsel under
Section 6(b) hereof. The Company shall pay any and all reasonable fees and expenses of Independent Counsel incurred by such Independent Counsel in connection with acting pursuant to Section 6(b)
hereof, and the Company shall pay all reasonable fees and expenses incident to the procedures of this Section 6(c), regardless of the manner in which such Independent Counsel was selected or appointed. 

  
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 (d) In making a determination with respect to entitlement to indemnification hereunder, the
person or persons or entity making such determination shall presume that Indemnitee is entitled to indemnification under this Agreement. Anyone seeking to overcome this presumption shall have the burden of proof and the burden of persuasion by clear
and convincing evidence. Neither the failure of the Company (including by its directors or independent legal counsel) to have made a determination prior to the commencement of any action pursuant to this Agreement that indemnification is proper in
the circumstances because Indemnitee has met the applicable standard of conduct, nor an actual determination by the Company (including by its directors or independent legal counsel) that Indemnitee has not met such applicable standard of conduct,
shall be a defense to the action or create a presumption that Indemnitee has not met the applicable standard of conduct. 
 (e) Indemnitee
shall be deemed to have acted in good faith if Indemnitee’s action is based on the records or books of account of the Enterprise (as hereinafter defined), including financial statements, or on information supplied to Indemnitee by the officers
of the Enterprise in the course of their duties, or on the advice of legal counsel for the Enterprise or on information or records given or reports made to the Enterprise by an independent certified public accountant or by an appraiser or other
expert selected with reasonable care by the Enterprise. In addition, the knowledge and/or actions, or failure to act, of any director, officer, agent or employee of the Enterprise shall not be imputed to Indemnitee for purposes of determining the
right to indemnification under this Agreement. Whether or not the foregoing provisions of this Section 6(e) are satisfied, it shall in any event be presumed that Indemnitee has at all times acted in good faith and in a
manner he or she reasonably believed to be in or not opposed to the best interests of the Company. Anyone seeking to overcome this presumption shall have the burden of proof and the burden of persuasion by clear and convincing evidence. 

(f) If the person, persons or entity empowered or selected under Section 6 to determine whether Indemnitee is
entitled to indemnification shall not have made a determination within sixty (60) days after the conclusion of the Proceeding giving rise to the request for indemnification, the requisite determination of entitlement to indemnification shall be
deemed to have been made and Indemnitee shall be entitled to such indemnification absent (i) a misstatement by Indemnitee of a material fact, or an omission of a material fact necessary to make Indemnitee’s statement not materially
misleading, in connection with the request for indemnification, or (ii) a prohibition of such indemnification under applicable law; provided, however, that such sixty (60)-day period may be extended for a
reasonable time, not to exceed an additional thirty (30) days, if the person, persons or entity making such determination with respect to entitlement to indemnification in good faith requires such additional time to obtain or evaluate
documentation and/or information relating thereto; and provided, further, that the foregoing provisions of this Section 6(f) shall not apply if the determination of entitlement to indemnification is to be made by the
stockholders pursuant to Section 6(b) of this Agreement and if (A) within fifteen (15) days after the conclusion of the Proceeding giving rise to the request for indemnification, the Board or the disinterested
directors, if appropriate, resolve to submit such determination to the stockholders for their consideration at an annual meeting thereof to be held within seventy-five (75) days after such resolution and such determination is made thereat, or
(B) a special meeting of stockholders is called within fifteen (15) days after such resolution and such meeting is held for such purpose within sixty (60) days after having been so called and such determination is made thereat. 

  
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 (g) Indemnitee shall cooperate with the person, persons or entity making such determination
with respect to Indemnitee’s entitlement to indemnification, including providing to such person, persons or entity upon reasonable advance request any documentation or information which is not privileged or otherwise protected from disclosure
and which is reasonably available to Indemnitee and reasonably necessary to such determination. Any Independent Counsel, member of the Board or stockholder of the Company shall act reasonably and in good faith in making a determination regarding the
Indemnitee’s entitlement to indemnification under this Agreement. Any costs or expenses (including attorneys’ fees and disbursements) incurred by Indemnitee in so cooperating with the person, persons or entity making such determination
shall be borne by the Company (irrespective of the determination as to Indemnitee’s entitlement to indemnification) and the Company hereby indemnifies and agrees to hold Indemnitee harmless therefrom. 

(h) The Company acknowledges that a settlement or other disposition short of final judgment may be successful if it permits a party to avoid
expense, delay, distraction, disruption and uncertainty. In the event that any action, claim or proceeding to which Indemnitee is a party is resolved in any manner other than by adverse judgment against Indemnitee (including, without limitation,
settlement of such action, claim or proceeding with or without payment of money or other consideration) it shall be presumed that Indemnitee has been successful on the merits or otherwise in such action, suit or proceeding. Anyone seeking to
overcome this presumption shall have the burden of proof and the burden of persuasion by clear and convincing evidence. 
 (i) The
termination of any Proceeding or of any claim, issue or matter therein, by judgment, order, settlement or conviction, or upon a plea of nolo contendere or its equivalent, shall not (except as otherwise expressly provided in this Agreement) of itself
adversely affect the right of Indemnitee to indemnification or create a presumption that Indemnitee did not act in good faith and in a manner which he or she reasonably believed to be in or not opposed to the best interests of the Company or, with
respect to any criminal Proceeding, that Indemnitee had reasonable cause to believe that his conduct was unlawful. 
 7. Remedies of
Indemnitee. 
 (a) In the event that (i) a determination is made pursuant to Section 6 of this Agreement
that Indemnitee is not entitled to indemnification under this Agreement, (ii) advancement of Expenses is not timely made pursuant to Section 5 of this Agreement, (iii) no determination of entitlement to
indemnification is made pursuant to Section 6(b) of this Agreement within ninety (90) days after the conclusion of the Proceeding giving rise to the request for indemnification, (iv) payment of indemnification
required by Section 4 is not made pursuant to this Agreement within thirty (30) days after receipt by the Company of a written request therefor or (v) payment of indemnification is not made within ten (10) days after a
determination has been made that Indemnitee is entitled to indemnification or such determination is deemed to have been made pursuant to Section 6 of this Agreement, Indemnitee shall be entitled to an adjudication in Court
of Chancery of the State of Delaware of Indemnitee’s entitlement to such indemnification. Indemnitee shall commence such proceeding seeking an adjudication within one hundred eighty (180) days following the date on which Indemnitee first
has the right to commence such proceeding pursuant to this Section 7(a). The Company shall not oppose Indemnitee’s right to seek any such adjudication. 

(b) In the event that a determination shall have been made pursuant to Section 6(b) of this Agreement that
Indemnitee is not entitled to indemnification, any judicial proceeding commenced pursuant to this Section 7 shall be conducted in all respects as a de novo trial on the merits, and Indemnitee shall not be prejudiced by
reason of the adverse determination under Section 6(b). 

  
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 (c) If a determination shall have been made pursuant to
Section 6(b) of this Agreement that Indemnitee is entitled to indemnification, the Company shall be bound by such determination in any judicial proceeding commenced pursuant to this Section 7,
absent (i) a misstatement by Indemnitee of a material fact, or an omission of a material fact necessary to make Indemnitee’s misstatement not materially misleading in connection with the application for indemnification, or (ii) a
prohibition of such indemnification under applicable law. 
 (d) In the event that Indemnitee, pursuant to this
Section 7, seeks a judicial adjudication of his or her rights under, or to recover damages for breach of, this Agreement, or to recover under any directors’ and officers’ liability insurance policies maintained by
the Company, the Company shall pay on his or her behalf, in advance, any and all expenses (of the types described in the definition of Expenses in Section 13 of this Agreement) actually and reasonably incurred by him or her
in such judicial adjudication, regardless of whether Indemnitee ultimately is determined to be entitled to such indemnification, advancement of expenses or insurance recovery. 

(e) The Company shall be precluded from asserting in any judicial proceeding commenced pursuant to this Section 7
that the procedures and presumptions of this Agreement are not valid, binding and enforceable and shall stipulate in any such court that the Company is bound by all the provisions of this Agreement. The Company shall indemnify Indemnitee against any
and all Expenses and, if requested by Indemnitee, shall (within ten (10) days after receipt by the Company of a written request therefore) advance, to the extent not prohibited by law, such expenses to Indemnitee, which are incurred by
Indemnitee in connection with any action brought by Indemnitee for indemnification or advance of Expenses from the Company under this Agreement or under any directors’ and officers’ liability insurance policies maintained by the Company,
regardless of whether Indemnitee ultimately is determined to be entitled to such indemnification, advancement of Expenses or insurance recovery, as the case may be. 

(f) Notwithstanding anything in this Agreement to the contrary, no determination as to entitlement to indemnification under this Agreement
shall be required to be made prior to the final disposition of the Proceeding. 
 8.
Non-Exclusivity; Survival of Rights; Insurance; Primacy of Indemnification; Subrogation. 

(a) The rights of indemnification as provided by this Agreement shall not be deemed exclusive of any other rights to which Indemnitee may at
any time be entitled under applicable law, the Certificate of Incorporation, the Bylaws, any agreement, a vote of stockholders, a resolution of directors of the Company, or otherwise. No amendment, alteration or repeal of this Agreement or of any
provision hereof shall limit or restrict any right of Indemnitee under this Agreement in respect of any action taken or omitted by such Indemnitee in his or her Corporate Status prior to such amendment, alteration or repeal. To the extent that a
change in the DGCL, whether by statute or judicial decision, permits greater indemnification than would be afforded currently under the Certificate of Incorporation, Bylaws and this Agreement, it is the intent of the parties hereto that Indemnitee
shall enjoy by this Agreement the 

  
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greater benefits so afforded by such change. No right or remedy herein conferred is intended to be exclusive of any other right or remedy, and every other right and remedy shall be cumulative and
in addition to every other right and remedy given hereunder or now or hereafter existing at law or in equity or otherwise. The assertion or employment of any right or remedy hereunder, or otherwise, shall not prevent the concurrent assertion or
employment of any other right or remedy. 
 (b) To the extent that the Company maintains an insurance policy or policies providing liability
insurance for directors, officers, employees, or agents or fiduciaries of the Company or of any other corporation, partnership, joint venture, trust, employee benefit plan or other enterprise that such person serves at the request of the Company,
Indemnitee shall be covered by such policy or policies in accordance with its or their terms to the maximum extent of the coverage available for any director, officer, employee, agent or fiduciary under such policy or policies. If, at the time of
the receipt of a notice of a claim pursuant to the terms hereof, the Company has directors’ and officers’ liability insurance in effect, the Company shall give prompt notice of the commencement of such proceeding to the insurers in
accordance with the procedures set forth in the respective policies. The Company shall thereafter take all necessary or desirable action to cause such insurers to pay, on behalf of the Indemnitee, all amounts payable as a result of such proceeding
in accordance with the terms of such policies. 
 (c) In the event of any payment under this Agreement, the Company shall be subrogated to
the extent of such payment to all of the rights of recovery of Indemnitee (other than against the Fund Indemnitors), who shall execute all papers required and take all action necessary to secure such rights, including execution of such documents as
are necessary to enable the Company to bring suit to enforce such rights. 
 (d) The Company shall not be liable under this Agreement to
make any payment of amounts otherwise indemnifiable hereunder if and to the extent that Indemnitee has otherwise actually received such payment under any insurance policy, contract, agreement or otherwise. 

(e) The Company’s obligation to indemnify or advance Expenses hereunder to Indemnitee who is or was serving at the request of the Company
as a director, officer, employee or agent of any other corporation, partnership, joint venture, trust, employee benefit plan or other enterprise shall be reduced by any amount Indemnitee has actually received as indemnification or advancement of
expenses from such other corporation, partnership, joint venture, trust, employee benefit plan or other enterprise. 
 9. Exception to
Right of Indemnification. Notwithstanding any provision in this Agreement, the Company shall not be obligated under this Agreement to make any indemnity in connection with any claim made against Indemnitee: 

(a) for which payment has actually been made to or on behalf of Indemnitee under any insurance policy or other indemnity provision, except
with respect to any excess beyond the amount paid under any insurance policy or other indemnity provision; or 
 (b) for an accounting of
profits made from the purchase and sale (or sale and purchase) by Indemnitee of securities of the Company within the meaning of Section 16(b) of the Securities Exchange Act of 1934, as amended, or similar provisions of
state statutory law or common law; or 

  
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 (c) in connection with any Proceeding (or any part of any Proceeding) initiated by
Indemnitee, including any Proceeding (or any part of any Proceeding) initiated by Indemnitee against the Company or its directors, officers, employees or other indemnitees, unless (i) the Board authorized the Proceeding (or any part of any
Proceeding) prior to its initiation or (ii) the Company provides the indemnification, in its sole discretion, pursuant to the powers vested in the Company under applicable law. 

10. Duration of Agreement. All agreements and obligations of the Company contained herein shall continue during the period Indemnitee is
an officer or director of the Company (or is or was serving at the request of the Company as a director, officer, employee or agent of another corporation, partnership, joint venture, trust or other enterprise) and shall continue thereafter with
respect to any Proceeding (or any proceeding commenced under Section 7 hereof) to which Indemnitee is or becomes subject by reason of his or her Corporate Status, whether or not he or she is acting or serving in any such
capacity at the time any liability or expense is incurred for which indemnification can be provided under this Agreement and regardless of whether such Proceeding (or other proceeding under Section 7 hereof) was commenced, threatened or contemplated
at the time Indemnitee was an officer or director of the Company. This Agreement shall be binding upon and inure to the benefit of and be enforceable by the parties hereto and their respective successors (including any direct or indirect successor
by purchase, merger, consolidation or otherwise to all or substantially all of the business or assets of the Company), assigns, spouses, heirs, executors and personal and legal representatives. 

11. Security. To the extent requested by Indemnitee and approved by the Board, the Company may at any time and from time to time provide
security to Indemnitee for the Company’s obligations hereunder through an irrevocable bank line of credit, funded trust or other collateral. Any such security, once provided to Indemnitee, may not be revoked or released without the prior
written consent of the Indemnitee. 
 12. Enforcement. 

(a) The Company expressly confirms and agrees that it has entered into this Agreement and assumes the obligations imposed on it hereby in
order to induce Indemnitee to serve as an officer or director of the Company, and the Company acknowledges that Indemnitee is relying upon this Agreement in serving as an officer or director of the Company. 

(b) This Agreement constitutes the entire agreement between the parties hereto with respect to the subject matter hereof and supersedes all
prior agreements and understandings, oral, written and implied, between the parties hereto with respect to the subject matter hereof. 
 (c)
The Company shall not seek from a court, or agree to, a “bar order” which would have the effect of prohibiting or limiting the Indemnitee’s rights to receive advancement of expenses under this Agreement. 

13. Definitions. For purposes of this Agreement: 

(a) “Corporate Status” describes the status of a person who is or was a director, officer, employee, agent or
fiduciary of the Company or of any other corporation, partnership, joint venture, trust, employee benefit plan or other enterprise that such person is or was serving at the express written request of the Company. 

  
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 (b) “Disinterested Director” means a director of the Company who is
not and was not a party to the Proceeding in respect of which indemnification is sought by Indemnitee. 
 (c)
“Enterprise” shall mean the Company and any other corporation, partnership, joint venture, trust, employee benefit plan or other enterprise that Indemnitee is or was serving at the express written request of the Company as a
director, officer, employee, agent or fiduciary. 
 (d) “Expenses” shall include all reasonable attorneys’
fees, retainers, court costs, transcript costs, fees of experts, witness fees, travel expenses, duplicating costs, printing and binding costs, telephone charges, postage, delivery service fees and all other disbursements or expenses of the types
customarily incurred in connection with prosecuting, defending, preparing to prosecute or defend, investigating, participating, or being or preparing to be a witness in a Proceeding, or responding to, or objecting to, a request to provide discovery
in any Proceeding. Expenses also shall include Expenses incurred in connection with any appeal resulting from any Proceeding and any federal, state, local or foreign taxes imposed on the Indemnitee as a result of the actual or deemed receipt of any
payments under this Agreement, including without limitation the premium, security for, and other costs relating to any cost bond, supersede as bond, or other appeal bond or its equivalent. Expenses, however, shall not include amounts paid in
settlement by Indemnitee or the amount of judgments or fines against Indemnitee. 
 (e) “Independent Counsel” means
a law firm, or a member of a law firm, that is experienced in matters of corporation law and neither presently is, nor in the past five years has been, retained to represent: (i) the Company or Indemnitee in any matter material to either such
party (other than with respect to matters concerning Indemnitee under this Agreement, or of other indemnitees under similar indemnification agreements), or (ii) any other party to the Proceeding giving rise to a claim for indemnification
hereunder. Notwithstanding the foregoing, the term “Independent Counsel” shall not include any person who, under the applicable standards of professional conduct then prevailing, would have a conflict of interest in representing either the
Company or Indemnitee in an action to determine Indemnitee’s rights under this Agreement. The Company agrees to pay the reasonable fees of the Independent Counsel referred to above and to fully indemnify such counsel against any and all
Expenses, claims, liabilities and damages arising out of or relating to this Agreement or its engagement pursuant hereto. 
 (f)
“Proceeding” includes any threatened, pending or completed action, suit, arbitration, alternate dispute resolution mechanism, investigation, inquiry, administrative hearing or any other actual, threatened or completed
proceeding, whether brought by or in the right of the Company or otherwise and whether civil, criminal, administrative or investigative, in which Indemnitee was, is or will be involved as a party or otherwise, by reason of his or her Corporate
Status, by reason of any action taken by him or her or of any inaction on his or her part while acting in his or her Corporate Status; in each case whether or not he or she is acting or serving in any such capacity at the time any liability or
expense is incurred for which indemnification can be provided under this Agreement; including one pending on or before the date of this Agreement, but excluding one initiated by an Indemnitee pursuant to Section 7 of this
Agreement to enforce his or her rights under this Agreement. 

  
 11 

 14. Severability. The invalidity or unenforceability of any provision hereof shall in
no way affect the validity or enforceability of any other provision. Further, the invalidity or unenforceability of any provision hereof as to either Indemnitee or Appointing Stockholder shall in no way affect the validity or enforceability of any
provision hereof as to the other. Without limiting the generality of the foregoing, this Agreement is intended to confer upon Indemnitee and Appointing Stockholder indemnification rights to the fullest extent permitted by applicable laws. In the
event any provision hereof conflicts with any applicable law, such provision shall be deemed modified, consistent with the aforementioned intent, to the extent necessary to resolve such conflict. 

15. Modification and Waiver. No supplement, modification, termination or amendment of this Agreement shall be binding unless executed in
writing by both of the parties hereto. No waiver of any of the provisions of this Agreement shall be deemed or shall constitute a waiver of any other provisions hereof (whether or not similar) nor shall such waiver constitute a continuing waiver.

 16. Notice By Indemnitee. Indemnitee agrees promptly to notify the Company in writing upon being served with or otherwise receiving
any summons, citation, subpoena, complaint, indictment, information or other document relating to any Proceeding or matter which may be subject to indemnification covered hereunder. The failure to so notify the Company shall not relieve the Company
of any obligation which it may have to Indemnitee under this Agreement or otherwise. 
 17. Notices. All notices and other
communications given or made pursuant to this Agreement shall be in writing and shall be deemed effectively given: (a) upon personal delivery to the party to be notified, (b) when sent by confirmed electronic mail or facsimile if sent
during normal business hours of the recipient, and if not so confirmed, then on the next business day, (c) five (5) days after having been sent by registered or certified mail, return receipt requested, postage prepaid, or (d) one (1) day
after deposit with a nationally recognized overnight courier, specifying next day delivery, with written verification of receipt. All communications shall be sent: 

(a) To Indemnitee at the address set forth below Indemnitee signature hereto. 

(b) To the Company at: 
 Vroom,
Inc. 
 1375 Broadway, Floor 11 

New York, New York 10018 

Telephone: (631) 760-1215 

Email: legal@vroom.com 

Attention: Chief Legal Officer 
 or to such
other address as may have been furnished to Indemnitee by the Company or to the Company by Indemnitee, as the case may be. 

  
 12 

 18. Counterparts. This Agreement may be executed in two or more counterparts, each of
which shall be deemed an original, but all of which together shall constitute one and the same instrument. Counterparts may be delivered via facsimile, electronic mail (including pdf or any electronic signature complying with the U.S. federal ESIGN
Act of 2000, e.g., www.docusign.com) or any other transmission method and any counterpart so delivered shall be deemed to have been duly and validly delivered and be valid and effective for all purposes. 

19. Headings. The headings of the paragraphs of this Agreement are inserted for convenience only and shall not be deemed to constitute
part of this Agreement or to affect the construction thereof. 
 20. Governing Law and Consent to Jurisdiction. This Agreement and the
legal relations among the parties shall be governed by, and construed and enforced in accordance with, the laws of the State of Delaware, without regard to its conflict of laws rules. The Company and Indemnitee hereby irrevocably and unconditionally
(i) agree that any action or proceeding arising out of or in connection with this Agreement shall be brought only in the Chancery Court of the State of Delaware (the “Delaware Court”), and not in any other state or
federal court in the United States of America or any court in any other country, (ii) consent to submit to the exclusive jurisdiction of the Delaware Court for purposes of any action or proceeding arising out of or in connection with this
Agreement, (iii) appoint, to the extent such party is not otherwise subject to service of process in the State of Delaware, irrevocably Corporation Service Company, 251 Little Falls Drive, Wilmington, DE 19808 as its agent in the State of
Delaware as such party’s agent for acceptance of legal process in connection with any such action or proceeding against such party with the same legal force and validity as if served upon such party personally within the State of Delaware,
(iv) waive any objection to the laying of venue of any such action or proceeding in the Delaware Court, and (v) waive, and agree not to plead or to make, any claim that any such action or proceeding brought in the Delaware Court has been
brought in an improper or inconvenient forum. 
 SIGNATURE PAGE TO FOLLOW 

  
 13 

 IN WITNESS WHEREOF, the parties hereto have executed this Indemnification Agreement on and
as of the day and year first above written. 
  

			
	VROOM, INC.

 
			
		
	By:	 	  

 
			
		 	Name: Paul J. Hennessy
		 	Title: Chief Executive Officer

 
			
	
	INDEMNITEE

 
			
	  

	Name:
	Address:

  
 [Signature Page to
Indemnification Agreement]EX-10.6

 Exhibit 10.6 
  

 
 COMMERCIAL LEASE 

USE OF THIS FORM BY PERSONS WHO ARE NOT MEMBERS OF THE TEXAS ASSOCIATION OF REALTORS®
IS NOT AUTHORIZED. 
 ©Texas Association of REALTORS®, Inc. 2000 
  

Table of Contents 

 

					
	 No.
	  	 Paragraph Description
	  	Pg.

					
	 1.    Parties:
	  	 	2	 
	 2.    Leased Premises:
	  	 	2	 
	 3.    Term:
	  	 	2	 
	 A.   Term
	  	 	2	 
	 B.   Delay of Occupancy
	  	 	2	 
	 4.    Rent and Expenses:
	  	 	3	 
	 A.   Base Monthly Rent
	  	 	3	 
	 B.   First Full Month’s Rent
	  	 	3	 
	 C.   Prorated Rent
	  	 	3	 
	 D.   Additional Rent
	  	 	3	 
	 E.    Place of Payment
	  	 	3	 
	 F.    Method of Payment
	  	 	3	 
	 G.   Late Charges
	  	 	3	 
	 H.   Returned Checks
	  	 	4	 
	 5.    Security Deposit:
	  	 	4	 
	 6.    Taxes:
	  	 	4	 
	 7.    Utilities:
	  	 	4	 
	 8.    Insurance:
	  	 	5	 
	 9.    Use and Hours:
	  	 	5	 
	 10.    Legal Compliance:
	  	 	6	 
	 11.    Signs:
	  	 	6	 
	 12.    Access by Landlord:
	  	 	7	 
	 13.    Move-in Condition:
	  	 	7	 
	 14.  Move-out Conditions and Forfeiture of
Tenant’s Personal Property:
	  	 	7	 
	 15.    Maintenance and Repairs:
	  	 	7	 
	 A.   Cleaning
	  	 	7	 
	 B.   Repairs of Conditions Caused by a Party
	  	 	7	 
	 C.   Repair and Maintenance Responsibility
	  	 	7	 
	 D.   Repair Persons
	  	 	8	 
	 E.    HVAC Service Contract
	  	 	8	 
	 F.    Common Areas
	  	 	8	 
	 G.   Notice of Repairs
	  	 	9	 
	 H.   Failure to Repair
	  	 	9	 
	 16.    Alterations:
	  	 	9	 
	 17.    Liens:
	  	 	9	 

					
	 No.
	  	 Paragraph Description
	  	Pg.

							
	 18.    Liability:
	  	 	9	 
	 19.    Indemnity:
	  	 	9	 
	 20.    Default:
	  	 	10	 
	 21.  Abandonment, Interruption of Utilities, Removal of Property and
Lockout:
	  	 	10	 
	 22.    Holdover:
	  	 	10	 
	 23.    Landlord’s Lien and Security Interest:
	  	 	10	 
	 24.    Assignment and Subletting:
	  	 	11	 
	 25.    Relocation:
	  	 	11	 
	 26.    Subordination:
	  	 	11	 
	 27.    Estoppel Certificates:
	  	 	11	 
	 28.    Casualty Loss:
	  	 	11	 
	 29.    Condemnation:
	  	 	12	 
	 30.    Attorney’s Fees:
	  	 	12	 
	 31.    Representations:
	  	 	12	 
	 32.    Brokers:
	  	 	13	 
	 33.    Addenda:
	  	 	13	 
	 34.    Notices:
	  	 	13	 
	 35.    Special Provisions:
	  	 	14	 
	 36.    Agreement of Parties:
	  	 	14	 

  

			
	 ADDENDA & EXHIBITS (check all that
apply)

	 ☒
	  	 Exhibit Lease Amendment of even
date                

	 ☒
	  	 Exhibit Recordable Right of First
Refusal                

	 ☒
	  	 Commercial Lease Addendum for Broker’s Fee

	 ☐
	  	 Commercial Lease Expense Reimbursement Addendum

	 ☐
	  	 Commercial Lease Addendum for Extension Option

	 ☐
	  	 Commercial Lease Addendum for Percentage Rent

	 ☐
	  	 Commercial Lease Parking Addendum

	 ☐
	  	 Commercial Landlord’s Rules and Regulations

	 ☐
	  	 Commercial Lease Guaranty

	 ☐
	  	 Commercial Lease Right of First Refusal Addendum

	 ☐
	  	 Commercial Lease Addendum for Optional Space

	 ☐
	  	 Commercial Leasehold Construction Addendum

	 ☒
	  	 Comm Property Condition
Statement                

	 ☒
	  	 Info About Brokerage
Services                          

		  	 Lease Amendment must be attached.

		  	 Provisions in Lease Amendment shall control over all other agreements.

 
 

  
 Initiated for Identification by Tenant:
RW, and Landlord: RPA 

			
	Commercial Lease concerning:	  	 12053 Southwest Freeway, Houston

 

 

 
 COMMERCIAL LEASE 

USE OF THIS FORM BY PERSONS WHO ARE NOT MEMBERS OF THE TEXAS ASSOCIATION OF REALTORS®
IS NOT AUTHORIZED. 
 ©Texas Association of REALTORS®, Inc. 2000 
  
  

	1.	 PARTIES: The parties to this lease are: 

 

							
	Tenant:	  	 Texas Direct Auto

		  	  
	 	; and
		
	Landlord: 	  	 Robert P. Archer, ETAL

		  	  
	 	.

  

	2.	 LEASED PREMISES: 

 

	 	A.	 Landlord leases to Tenant the following described real property, known as the “leased premises,”
along with all its improvements (Check only one box): 

  

									
	 ☐
	 	      (1)	 	    	 	Multiple-Tenant Property: Suite or Unit Number containing approximately square feet of rentable area in (project name) at (address) in (city), (county), Texas, which is legally described on attached Exhibit or as
follows:
				
	☒	 	      (2)	 		 	Single-Tenant Property: The real property at: 12053 Southwest Freeway (address) in Houston (city), Harris (county), Texas, which is legally described on attached
Exhibit or as follows: 0101 JAS ALSTON, ACRES 17.2939, RESTRICTED RESERVE “B”, AUTONATION USA SOUTH (RETAIL DIVISION)
                                         
       
                                         
                                         
                                         
                                         
                       .

  

	 	B.	 If Paragraph 2A(1) applies: 

 

	 	(1)	 “Property” means the building or complex in which the leased premises are located, inclusive of any
common areas, drives, parking areas, and walks; and 

  

	 	(2)	 the parties agree that the rentable area of the leased premises may not equal the actual or useable area within
the leased premises and may include an allocation of common areas in the Property. 

  

	3.	 TERM: 

  

	 	A.	 Term: The term of this lease is 120     months and days, commencing
on: 

 September 1,
2009             (Commencement Date) and ending on 

August 31, 2019                
(Expiration Date). 
  

	 	B.	 Delay of Occupancy: If Tenant is unable to occupy the leased premises on the Commencement Date because
of construction on the leased premises to be completed by Landlord that is not substantially complete or a prior tenant’s holding over of the leased premises, Landlord will not be liable to Tenant for such delay and this lease will remain
enforceable. In the event of such a delay, the Commencement Date will automatically be extended to the date Tenant is able to occupy the Property and the Expiration Date will also be extended by a like number of days, so that the length of this
lease remains unchanged. If Tenant is unable to occupy the leased premises after the 90th day after the Commencement Date because of construction on the leased premises to be completed by Landlord that is not substantially complete or a prior
tenant’s holding over of the leased premises, Tenant may terminate this lease by giving written notice to Landlord before the leased premises become available to be occupied by Tenant and Landlord will refund to Tenant any amounts paid to
Landlord by Tenant. This Paragraph 3B does not apply to any delay in occupancy caused by cleaning or repairs. 

  

			
	 (TAR-2101) 5-26-08
 Initialed for Identification
by Tenant: RW, and Landlord: RPA
	  	Page 2 of 14

			
	 Commercial Lease concerning:
	  	 12053 Southwest Freeway, Houston

 

	 	C.	 Unless the parties agree otherwise, Tenant is responsible for obtaining a certificate of occupancy for the
leased premises if required by a governmental body. 

  

	4.	 RENT AND EXPENSES: 

 

	 	A.	 Base Monthly Rent: On or before the first day of each month during this lease, Tenant will pay Landlord
base monthly rent as described on attached Exhibit or as follows: 

  

									
	from	 	 November 1,
2009                
	  	to	  	 August 31, 2019
	  	$70,000.00 (NNN)                    
	from	 		  	to	  		  	$
	from	 		  	to	  		  	$
	from	 		  	to	  		  	$
	from	 		  	to	  		  	$

  

	 	B.	 First Full Month’s Rent: The first full base monthly rent is due on or before
At execution of the Lease. 

 C.        
Prorated Rent: If the Commencement Date is on a day other than the first day of a month, Tenant will pay Landlord as prorated rent, an amount equal to the base monthly rent multiplied by the following fraction: the number of days from the
Commencement Date to the first day of the following month divided by the number of days in the month in which this lease commences. The prorated rent is due on or before the Commencement Date. 

 

	 	D.	 Additional Rent: In addition to the base monthly rent and prorated rent, Tenant will pay Landlord all
other amounts, as provided by the attached (Check all that apply.): 

  

					
	☐	  	    (1)	 	Commercial Expense Reimbursement Addendum
	☐	  	    (2)	 	Commercial Percentage Rent Addendum
	☐	  	    (3)	 	Commercial Parking Addendum
	☐	  	    (4)	 	  

 All amounts payable under the applicable addenda are deemed to be “rent” for the purposes of
this lease. 
  

	 	E.	 Place of Payment: Tenant will remit all amounts due Landlord under this lease to the following person at
the place stated or to such other person or place as Landlord may later designate in writing: 

  

			
	Name:	  	 Robert P. Archer

	Address:	  	 11614 Southwest Freeway, Houston, Texas 77031

		  	  

  

	 	F.	 Method of Payment: Tenant must pay all rent timely without demand, deduction, or offset, except as
permitted by law or this lease. If Tenant fails to timely pay any amounts due under this lease or if any check of Tenant is returned to Landlord by the institution on which it was drawn, Landlord after providing written notice to Tenant may require
Tenant to pay subsequent amounts that become due under this lease in certified funds. This paragraph does not limit Landlord from seeking other remedies under this lease for Tenant’s failure to make timely payments with good funds.

  

	 	G.	 Late Charges: If Landlord does not actually receive a rent payment at the designated place of
payment within 5 days after the date it is due, Tenant will pay Landlord a late charge equal to 5% of the amount due. In this paragraph, the mailbox is not the agent for receipt for Landlord. The late charge is a cost associated with the collection
of rent and Landlord’s acceptance of a late charge does not waive Landlord’s right to exercise remedies under Paragraph 20. 

  

			
	 (TAR-2101) 5-26-08
 Initialed for Identification
by Tenant: RW, and Landlord: RPA
	  	Page 3 of 14

			
	Commercial Lease concerning:	  	 12053 Southwest Freeway, Houston

 

	 	H.	 Returned Checks: Tenant will pay $ 25.00     (not to exceed
$25) for each check Tenant tenders to Landlord which is returned by the institution on which it is drawn for any reason, plus any late charges until Landlord receives payment. 

 

	5.	 SECURITY DEPOSIT: 

 

	 	A.	 Upon execution of this lease, Tenant will pay $ 70,000.00     to Landlord as
a security deposit. 

  

	 	B.	 Landlord may apply the security deposit to any amounts owed by Tenant under this lease. If Landlord applies any
part of the security deposit during any time this lease is in effect to amounts owed by Tenant, Tenant must, within 10 days after receipt of notice from Landlord, restore the security deposit to the amount stated. 

 

	 	C.	 Within 60 days after Tenant surrenders the leased premises and provides Landlord written notice of
Tenant’s forwarding address, Landlord will refund the security deposit less any amounts applied toward amounts owed by Tenant or other charges authorized by this lease. 

 

	6.	 TAXES: Unless otherwise agreed by the parties, Landlord will pay all real property ad valorem taxes
assessed against the leased premises. 

  

	7.	 UTILITIES: 

  

	 	A.	 The party designated below will pay for the following utility charges to the leased premises and any connection
charges for the utilities. (Check all that apply.) 

  

									
	 	 	 	    	 N/A
	    	Landlord	    	Tenant
	(1)	 	   Water
	    	☐	    	☐	    	☒
	(2)	 	   Sewer
	    	☐	    	☐	    	☒
	(3)	 	   Electric
	    	☐	    	☐	    	☒
	(4)	 	   Gas
	    	☐	    	☐	    	☒
	(5)	 	   Telephone
	    	☐	    	☐	    	☒
	(6)	 	   Trash
	    	☐	    	☐	    	☒
	(7)	 	   Cable
	    	☒	    	☐	    	☒
	(8)	 	  	    	☐	    	☐	    	☐
	(9)	 	  All other utilities	    	☐	    	☐	    	☒

  

	 	B.	 The party responsible for the charges under Paragraph 7A will pay the charges directly to the utility service
provider. The responsible party may select the utility service provider except that if Tenant selects the provider, any access or alterations to the Property or leased premises necessary for the utilities may be made only with Landlord’s prior
consent, which Landlord will not unreasonably withhold. If Landlord incurs any liability for utility or connection charges for which Tenant is responsible to pay and Landlord pays such amount, Tenant will immediately upon written notice from
Landlord reimburse Landlord such amount. 

  

	 	C.	 Notice: Tenant should determine if all necessary utilities are available to the leased premises and are
adequate for Tenant’s intended use. 

  

	 	D.	 After-Hours HVAC Charges: “HVAC services” means heating, ventilating, and air conditioning of
the leased premises. (Check one box only.) 

  

	 	☐      (1)	 Landlord is obligated to provide the HVAC services to the leased premises only during the Property’s
operating hours specified under Paragraph 9C. 

  

	 	☐      (2)	 Landlord will provide the HVAC services to the leased premises during the operating hours specified under
Paragraph 9C for no additional charge and will, at Tenant’s request, provide HVAC services to the leased premises during other hours for an additional charge of $ per hour. Tenant will pay Landlord the charges under this paragraph immediately

  

			
	 (TAR-2101) 5-26-08
 Initialed for Identification
by Tenant: RW, and Landlord: RPA
	  	Page 4 of 14

			
	Commercial Lease concerning:	  	 12053 Southwest Freeway, Houston

 

	 	
upon receipt of Landlord’s invoice. Hourly charges are charged on a half-hour basis. Any partial hour will be rounded up to the next half hour. Tenant will comply with Landlord’s
procedures to make a request to provide the additional HVAC services under this paragraph. 

  

	 	☒      (3)	 Tenant will pay for the HVAC services under this lease. 

 

	8.	 INSURANCE: 

  

	 	A.	 During all times this lease is in effect, Tenant must, at Tenant’s expense, maintain in full force and
effect from an insurer authorized to operate in Texas: 

  

	 	(1)	 public liability insurance in an amount not less than $1,000,000.00 on an occurrence basis naming Landlord as
an additional insured; and 

  

	 	(2)	 personal property damage insurance for Tenant’s business operations and contents on the leased premises in
an amount sufficient to replace such contents after a casualty loss. 

  

	 	B.	 Before the Commencement Date, Tenant must provide Landlord with a copy of insurance certificates evidencing the
required coverage. If the insurance coverage is renewed or changes in any manner or degree at any time this lease is in effect, Tenant must, not later than 10 days after the renewal or change, provide Landlord a copy of an insurance certificate
evidencing the renewal or change. 

  

	 	C.	 If Tenant fails to maintain the required insurance in full force and effect at all times this lease is in
effect, Landlord may: 

  

	 	(1)	 purchase insurance that will provide Landlord the same coverage as the required insurance and Tenant must
immediately reimburse Landlord for such expense; or 

  

	 	(2)	 exercise Landlord’s remedies under Paragraph 20. 

 

	 	D.	 Unless the parties agree otherwise, Landlord will maintain in full force and effect insurance for:
(1) fire and extended coverage in an amount to cover the reasonable replacement cost of the improvements of the Property; and (2) any public liability insurance in an amount that Landlord determines reasonable and appropriate.

  

	 	E.	 If there is an increase in Landlord’s insurance premiums for the leased premises or Property or its
contents that is caused by Tenant, Tenant’s use of the leased premises, or any improvements made by or for Tenant, Tenant will, for each year this lease is in effect, pay Landlord the increase immediately after Landlord notifies Tenant of the
increase. Any charge to Tenant under this Paragraph 8E will be equal to the actual amount of the increase in Landlord’s insurance premium. 

  

	9.	 USE AND HOURS: 

 

			
	
A. Tenant may use the leased premises for the following 
purpose and no other:
	 	  

			
	 Automotive related business

	  

	
	 B. Unless otherwise specified in this lease, Tenant will operate and conduct its
business in the leased premises during business hours that are typical of the industry in which Tenant represents it operates.

  

			
	 (TAR-2101) 5-26-08
 Initialed for Identification
by Tenant: RW, and Landlord: RPA
	  	Page 5 of 14

			
	Commercial Lease concerning:	  	 12053 Southwest Freeway, Houston

 

			
	
	 C. The Property maintains operating hours of (specify hours, days of week,
and if inclusive or exclusive of weekends and holidays): Hours typical to the automotive industry

 
			
	
 
    

			
	
 
    

			
	      

  

	10.	 LEGAL COMPLIANCE: 

 

	 	A.	 Tenant may not use or permit any part of the leased premises or the Property to be used for:

  

	 	(1)	 any activity which is a nuisance or is offensive, noisy, or dangerous; 

 

	 	(2)	 any activity that interferes with any other tenant’s normal business operations or Landlord’s
management of the Property; 

  

	 	(3)	 any activity that violates any applicable law, regulation, zoning ordinance, restrictive covenant, governmental
order, owners’ association rules, tenants’ association rules, Landlord’s rules or regulations, or this lease; 

  

	 	(4)	 any hazardous activity that would require any insurance premium on the Property or leased premises to increase
or that would void any such insurance; 

  

	 	(5)	 any activity that violates any applicable federal, state, or local law, including but not limited to those laws
related to air quality, water quality, hazardous materials, wastewater, waste disposal, air emissions, or other environmental matters; 

  

	 	(6)	 the permanent or temporary storage of any hazardous material; or 

 

	 	(7)	 	         

  

 
  

 
  

 
  

 

	 	B.	 “Hazardous material” means any pollutant, toxic substance, hazardous waste, hazardous material,
hazardous substance, solvent, or oil as defined by any federal, state, or local environmental law, regulation, ordinance, or rule existing as of the date of this lease or later enacted. 

 

	 	C.	 Landlord does not represent or warrant that the leased premises or Property conform to applicable restrictions,
zoning ordinances, setback lines, parking requirements, impervious ground cover ratio requirements, and other matters that may relate to Tenant’s intended use. Tenant must satisfy itself that the leased premises may be used as Tenant intends
by independently investigating all matters related to the use of the leased premises or Property. Tenant agrees that it is not relying on any warranty or representation made by Landlord, Landlord’s agent, or any broker concerning the use of the
leased premises or Property. 

  

	11.	 SIGNS: 

  

	 	A.	 Tenant may not post or paint any signs or place any decoration outside the leased premises or on the Property
without Landlord’s written consent. Landlord may remove any unauthorized sign, and Tenant will promptly reimburse Landlord for its cost to remove any unauthorized sign. 

 

	 	B.	 Any authorized sign must comply with all laws, restrictions, zoning ordinances, and any governmental order
relating to signs on the leased premises or Property. Landlord may temporarily remove any authorized sign to complete repairs or alterations to the leased premises or the Property. 

 

	 	C.	 By providing written notice to Tenant before this lease ends, Landlord may require Tenant, upon move-out and at Tenant’s expense, to remove, without damage to the Property or leased premises, any or all signs that were placed on the Property or leased premises by or at the request of Tenant. Any signs
that Landlord does not require Tenant to remove and that are fixtures, become the property of the Landlord and must be surrendered to Landlord at the time this lease ends. 

  

			
	 (TAR-2101) 5-26-08
 Initialed for Identification
by Tenant: RW, and Landlord: RPA
	  	Page 6 of 14

			
	Commercial Lease concerning:	  	 12053 Southwest Freeway, Houston

 

	12.	 ACCESS BY LANDLORD: 

 

	 	A.	 During Tenant’s normal business hours Landlord may enter the leased premises for any reasonable purpose,
including but not limited to purposes for repairs, maintenance, alterations, and showing the leased premises to prospective tenants or purchasers. Landlord may access the leased premises after Tenant’s normal business hours if: (1) entry
is made with Tenant’s permission; or (2) entry is necessary to complete emergency repairs. Landlord will not unreasonably interfere with Tenant’s business operations when accessing the leased premises. 

 

	 	B.	 During the last 90     days of this lease, Landlord may place a “For
Lease” or similarly worded sign in the leased premises. 

  

	13.	 MOVE-IN CONDITION: Tenant has inspected the leased premises and
accepts it in its present (as-is) condition unless expressly noted otherwise in this lease. Landlord and any agent have made no express or implied warranties as to the condition or permitted use of the
leased premises or Property. 

  

	14.	 MOVE-OUT CONDITIONS AND FORFEITURE OF TENANT’S PERSONAL
PROPERTY: 

  

	 	A.	 At the time this lease ends, Tenant will surrender the leased premises in the same condition as when received,
except for normal wear and tear. Tenant will leave the leased premises in a clean condition free of all trash, debris, personal property, hazardous materials, and environmental contaminants. 

 

	 	B.	 If Tenant leaves any personal property in the leased premises after Tenant surrenders possession of the leased
premises, Landlord may: (1) require Tenant, at Tenant’s expense, to remove the personal property by providing written notice to Tenant; or (2) retain such personal property as forfeited property to Landlord. 

 

	 	C.	 “Surrender” means vacating the leased premises and returning all keys and access devices to Landlord.
“Normal wear and tear” means deterioration that occurs without negligence, carelessness, accident, or abuse. 

  

	 	D.	 By providing written notice to Tenant before this lease ends, Landlord may require Tenant, upon move-out and at Tenant’s expense, to remove, without damage to the Property or leased premises, any or all fixtures that were placed on the Property or leased premises by or at the request of Tenant. Any
fixtures that Landlord does not require Tenant to remove become the property of the Landlord and must be surrendered to Landlord at the time this lease ends. 

  

	15.	 MAINTENANCE AND REPAIRS: 

 

	 	A.	 Cleaning: Tenant must keep the leased premises clean and sanitary and promptly dispose of all garbage in
appropriate receptacles.    ☐  Landlord    ☒  Tenant will provide, at its expense, janitorial services to the leased premises that are customary and ordinary for the property
type. Tenant will maintain any grease trap on the Property which Tenant uses, including but not limited to periodic emptying and cleaning, as well as making any modification to the grease trap that may be necessary to comply with any applicable law.

  

	 	B.	 Repairs of Conditions Caused by a Party: Each party must promptly repair a condition in need of repair
that is caused, either intentionally or negligently, by that party or that party’s guests, patrons, invitees, contractors or permitted subtenants. 

  

	 	C.	 Repair and Maintenance Responsibility: Except as otherwise provided by this Paragraph 15, the party
designated below, at its expense, is responsible to maintain and repair the following specified items in the leased premises (if any). The specified items must be maintained in clean and good operable condition. If a governmental regulation or order
requires a modification to any of the specified items, the party designated to maintain the item must complete and pay the expense of the modification. The specified items include and relate only to real property in the leased premises. Tenant is
responsible for the repair and maintenance of its personal property. (Check all that apply.) 

  

			
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	Commercial Lease concerning:	  	 12053 Southwest Freeway, Houston

 

 
							
	 	  	N/A	  	Landlord	  	Tenant
	 (1)   Foundation, exterior walls, roof, and other structural components
	  	☐	  	☐	  	☒
	 (2)   Glass and windows
	  	☐	  	☐	  	☒
	 (3)   Fire protection equipment and fire sprinkler systems
	  	☐	  	☐	  	☒
	 (4)   Exterior & overhead doors, including closure devices, molding
locks, and hardware
	  	☐	  	☐	  	☒
	 (5)   Grounds maintenance, including landscaping and irrigation systems
	  	☐	  	☐	  	☒
	 (6)   Interior doors, including closure devices, frames, molding locks, and
hardware
	  	☐	  	☐	  	☒
	 (7)   Parking areas and walks
	  	☐	  	☐	  	☒
	 (8)   Plumbing systems, drainage systems, electrical systems, and mechanical
systems, except systems or items specifically designated otherwise
	  	☐	  	☐	  	☒
	 (9)   Ballast and lamp replacement
	  	☐	  	☐	  	☒
	 (10)  Heating, Ventilation and Air Conditioning (HVAC) systems
	  	☐	  	☐	  	☒
	 (11)  Signs and lighting:
	  		  		  	
	 (a)   Pylon
	  	☐	  	☐	  	☒
	 (b)   Facia
	  	☐	  	☐	  	☒
	 (c)   Monument
	  	☐	  	☐	  	☒
	 (d)   Door/Suite
	  	☐	  	☐	  	☒
	 (12)  Extermination and pest control, excluding
wood-destroying insects
	  	☐	  	☐	  	☒
	 (13)  Fences and Gates
	  	☐	  	☐	  	☒
	 (14)  Storage yards and storage buildings
	  	☐	  	☐	  	☒
	 (15)  Wood-destroying insect treatment and repairs
	  	☐	  	☐	  	☒
	 (16)  Cranes and related systems
	  	☐	  	☐	  	☒
	
(17)                  
        
	  	☒	  	☐	  	☐
	
(18)                  
        
	  	☒	  	☐	  	☐
	 (19)  All other items and systems.
	  		  	☐	  	☒

  

	 	D.	 Repair Persons: Repairs must be completed by trained, qualified, and insured repair persons.

  

	 	E.	 HVAC Service Contract: If Tenant maintains the HVAC system under Paragraph 15C(10),
Tenant    ☐  is    ☒  is not required to maintain, at its expense, a regularly scheduled maintenance and service contract for the HVAC system. The maintenance and service
contract must be purchased from a HVAC maintenance company that regularly provides such contracts to similar properties. If Tenant fails to maintain a required HVAC maintenance and service contract in effect at all times during this lease, Landlord
may do so and charge Tenant the expense of such a maintenance and service contract or Landlord may exercise Landlord’s remedies under Paragraph 20. 

  

	 	F.	 Common Areas: Landlord will maintain any common areas in the Property in a manner as Landlord determines
to be in the best interest of the Property. Landlord will maintain any elevator and signs in the common area. Landlord may change the size, dimension, and location of any common areas, provided that such change does not materially impair
Tenant’s use and access to the leased premises. Tenant has the non-exclusive license to use the common areas 

  

			
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	Commercial Lease concerning:	  	 12053 Southwest Freeway, Houston

 

	 	
in compliance with Landlord’s rules and regulations. Tenant may not solicit any business in the common areas or interfere with any other person’s right to use the common areas. This
paragraph does not apply if Paragraph 2A(2) applies. 

  

	 	G.	 Notice of Repairs: Tenant must promptly notify Landlord of any item that is in need of repair and that
is Landlord’s responsibility to repair. All requests for repairs to Landlord must be in writing. 

  

	 	H.	 Failure to Repair: Landlord must make a repair for which Landlord is responsible within a reasonable
period of time after Tenant provides Landlord written notice of the needed repair. If Tenant fails to repair or maintain an item for which Tenant is responsible within 10 days after Landlord provides Tenant written notice of the needed repair or
maintenance, Landlord may: (1) repair or maintain the item, without liability for any damage or loss to Tenant, and Tenant must immediately reimburse Landlord for the cost to repair or maintain; or (2) exercise Landlord’s remedies
under Paragraph 20. 

  

	16.	 ALTERATIONS: 

  

	 	A.	 Tenant may not alter, improve, or add to the Property or the leased premises without Landlord’s written
consent. Landlord will not unreasonably withhold consent for the Tenant to make reasonable non-structural alterations, modifications, or improvements to the leased premises. 

 

	 	B.	 Tenant may not alter any locks or any security devices on the Property or the leased premises without
Landlord’s consent. If Landlord authorizes the changing, addition, or rekeying of any locks or other security devices, Tenant must immediately deliver the new keys and access devices to Landlord. 

 

	 	C.	 If a governmental order requires alteration or modification to the leased premises, the party obligated to
maintain and repair the item to be modified or altered as designated in Paragraph 15 will, at its expense, modify or alter the item in compliance with the order and in compliance with Paragraphs 16A and 17. 

 

	 	D.	 Any alterations, improvements, fixtures or additions to the Property or leased premises installed by either
party during the term of this lease will become Landlord’s property and must be surrendered to Landlord at the time this lease ends, except for those fixtures Landlord requires Tenant to remove under Paragraph 11 or 14 or if the parties agree
otherwise in writing. 

  

	17.	 LIENS: Tenant may not do anything that will cause the title of the Property or leased premises to
be encumbered in any way. If Tenant causes a lien to be filed against the Property or leased premises, Tenant will within 20 days after receipt of Landlord’s demand: (1) pay the lien and have the lien released of record; or (2) take
action to discharge the lien. Tenant will provide Landlord a copy of any release Tenant obtains pursuant to this paragraph. 

  

	18.	 LIABILITY: To the extent permitted by law, Landlord is NOT responsible to Tenant or
Tenant’s employees, patrons, guests, or invitees for any damages, injuries, or losses to person or property caused by: 

  

	 	A.	 an act, omission, or neglect of Tenant; Tenant’s agent; Tenant’s guest; Tenant’s employees;
Tenant’s patrons; Tenant’s invitees; or any other tenant on the Property; 

  

	 	B.	 fire, flood, water leaks, ice, snow, hail, winds, explosion, smoke, riot, strike, interruption of utilities,
theft, burglary, robbery, assault, vandalism, other persons, environmental contaminants, or other occurrences or casualty losses. 

  

	19.	 INDEMNITY: Each party will indemnify and hold the other party harmless from any property
damage, personal injury, suits, actions, liabilities, damages, cost of repairs or service to the leased premises or Property, or any other loss caused, negligently or otherwise, by that party or that party’s
employees, patrons, guests, or invitees. 

  

			
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	Commercial Lease concerning:	  	 12053 Southwest Freeway, Houston

 

	20.	 DEFAULT: 

  

	 	A.	 If Landlord fails to comply with this lease within 30 days after Tenant notifies Landlord of Landlord’s
failure to comply, Landlord will be in default and Tenant may seek any remedy provided by law. If, however, Landlord’s non-compliance reasonably requires more than 30 days to cure, Landlord will not be in
default if the cure is commenced within the 30-day period and is diligently pursued. 

  

	 	B.	 If Landlord does not actually receive at the place designated for payment any rent due under this lease within
5 days after it is due, Tenant will be in default. If Tenant fails to comply with this lease for any other reason within 10 days after Landlord notifies Tenant of its failure to comply, Tenant will be in default. 

 

	 	C.	 If Tenant is in default, Landlord may: (i) terminate Tenant’s right to occupy the leased premises by
providing Tenant with at least 3 days written notice; and (ii) accelerate all rents which are payable during the remainder of this lease or any renewal period without notice or demand. Landlord will attempt to mitigate any damage or loss caused
by Tenant’s breach by using commercially reasonable means. If Tenant is in default, Tenant will be liable for: 

  

	 	(1)	 any lost rent; 

  

	 	(2)	 Landlord’s cost of reletting the leased premises, including brokerage fees, advertising fees, and other
fees necessary to relet the leased premises; 

  

	 	(3)	 repairs to the leased premises for use beyond normal wear and tear; 

 

	 	(4)	 all Landlord’s costs associated with eviction of Tenant, such as attorney’s fees, court costs, and
prejudgment interest; 

  

	 	(5)	 all Landlord’s costs associated with collection of rent such as collection fees, late charges, and
returned check charges; 

  

	 	(6)	 cost of removing any of Tenant’s equipment or fixtures left on the leased premises or Property;

  

	 	(7)	 cost to remove any trash, debris, personal property, hazardous materials, or environmental contaminants left by
Tenant or Tenant’s employees, patrons, guests, or invitees in the leased premises or Property; 

  

	 	(8)	 cost to replace any unreturned keys or access devices to the leased premises, parking areas, or Property;

  

	 	(9)	 any other recovery to which Landlord may be entitled under this lease or under law. 

 

	21.	 ABANDONMENT, INTERRUPTION OF UTILITIES, REMOVAL OF PROPERTY AND LOCKOUT: Chapter 93 of the Texas
Property Code governs the rights and obligations of the parties with regard to: (a) abandonment of the leased premises; (b) interruption of utilities; (c) removal of Tenant’s property; and (d)
‘‘lock-out’’ of Tenant. 

  

	22.	 HOLDOVER: If Tenant fails to vacate the leased premises at the time this lease ends, Tenant will
become tenant-at-will and must vacate the leased premises immediately upon receipt of demand from Landlord. No holding over by Tenant, with or without the consent of
Landlord, will extend this lease. Tenant will indemnify Landlord and any prospective tenants for any and all damages caused by the holdover. Rent for any holdover period will be two times the base monthly rent plus any additional rent calculated on
a daily basis and will be immediately due and payable daily without notice or demand. 

  

	23.	 LANDLORD’S LIEN AND SECURITY INTEREST: To secure Tenant’s performance
under this lease, Tenant grants to Landlord a lien and security interest against all of Tenant’s nonexempt personal property that is in the leased premises or on the Property. This lease is a security agreement for the
purposes of the Uniform Commercial Code. Landlord may file a copy of this lease as a financing statement. 

  

			
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	Commercial Lease concerning:	  	 12053 Southwest Freeway, Houston

 

	24.	 ASSIGNMENT AND SUBLETTING: Landlord may assign this lease to any subsequent owner of the
Property. Tenant may not assign this lease or sublet any part of the leased premises without Landlord’s written consent. An assignment of this lease or subletting of the leased premises without Landlord’s written consent is voidable by
Landlord. If Tenant assigns this lease or sublets any part of the leased premises, Tenant will remain liable for all of Tenant’s obligations under this lease regardless if the assignment or sublease is made with or without the consent of
Landlord. 

  

	25.	 RELOCATION: 

  

	☐    A.	 By providing Tenant with not less than 90 days advanced written notice, Landlord may require Tenant to relocate
to another location in the Property, provided that the other location is equal in size or larger than the leased premises then occupied by Tenant and contains similar leasehold improvements. Landlord will pay Tenant’s reasonable out-of-pocket moving expenses for moving to the other location. “Moving expenses” means reasonable expenses payable to professional movers, utility companies for
connection and disconnection fees, wiring companies for connecting and disconnecting Tenant’s office equipment required by the relocation, and printing companies for reprinting Tenant’s stationary and business cards. A relocation of Tenant
will not change or affect any other provision of this lease that is then in effect, including rent and reimbursement amounts, except that the description of the suite or unit number will automatically be amended. 

 

	☒    B.	 Landlord may not require Tenant to relocate to another location in the Property without Tenant’s prior
consent. 

  

	26.	 SUBORDINATION: 

 

	 	A.	 This lease and Tenant’s leasehold interest are and will be subject, subordinate, and inferior to:

  

	 	(1)	 any lien, encumbrance, or ground lease now or hereafter placed on the leased premises or the Property that
Landlord authorizes; 

  

	 	(2)	 all advances made under any such lien, encumbrance, or ground lease; 

 

	 	(3)	 the interest payable on any such lien or encumbrance; 

 

	 	(4)	 any and all renewals and extensions of any such lien, encumbrance, or ground lease; 

 

	 	(5)	 any restrictive covenant affecting the leased premises or the Property; and 

 

	 	(6)	 the rights of any owners’ association affecting the leased premises or Property. 

 

	 	B.	 Tenant must, on demand, execute a subordination, attornment, and
non-disturbance agreement that Landlord may request that Tenant execute, provided that such agreement is made on the condition that this lease and Tenant’s rights under this lease are recognized by the
lien-holder. 

  

	27.	 ESTOPPEL CERTIFICATES: Within 10 days after receipt of a written request from Landlord, Tenant
will execute and deliver to Landlord an estoppel certificate that identifies the terms and conditions of this lease. 

  

	28.	 CASUALTY LOSS: 

 

	 	A.	 Tenant must immediately notify Landlord of any casualty loss in the leased premises. Within 20 days after
receipt of Tenant’s notice of a casualty loss, Landlord will notify Tenant if the leased premises are less than or more than 50% unusable, on a per square foot basis, and if Landlord can substantially restore the leased premises within 120 days
after Tenant notifies Landlord of the casualty loss. 

  

	 	B.	 If the leased premises are less than 50% unusable and Landlord can substantially restore the leased premises
within 120 days after Tenant notifies Landlord of the casualty, Landlord will restore the leased premises to substantially the same condition as before the casualty. If Landlord fails to substantially restore within the time required, Tenant may
terminate this lease. 

  

			
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	Commercial Lease concerning:	  	 12053 Southwest Freeway, Houston

 

	 	C.	 If the leased premises are more than 50% unusable and Landlord can substantially restore the leased premises
within 120 days after Tenant notifies Landlord of the casualty, Landlord may: (1) terminate this lease; or (2) restore the leased premises to substantially the same condition as before the casualty. If Landlord chooses to restore and does
not substantially restore the leased premises within the time required, Tenant may terminate this lease. 

  

	 	D.	 If Landlord notifies Tenant that Landlord cannot substantially restore the leased premises within 120 days
after Tenant notifies Landlord of the casualty loss, Landlord may: (1) choose not to restore and terminate this lease; or (2) choose to restore, notify Tenant of the estimated time to restore, and give Tenant the option to terminate this
lease by notifying Landlord within 10 days. 

  

	 	E.	 If this lease does not terminate because of a casualty loss, rent will be reduced from the date Tenant notifies
Landlord of the casualty loss to the date the leased premises are substantially restored by an amount proportionate to the extent the leased premises are unusable. 

 

	29.	 CONDEMNATION: If after a condemnation or purchase in lieu of condemnation the leased premises are
totally unusable for the purposes stated in this lease, this lease will terminate. If after a condemnation or purchase in lieu of condemnation the leased premises or Property are partially unusable for the purposes of this lease, this lease will
continue and rent will be reduced in an amount proportionate to the extent the leased premises are unusable. Any condemnation award or proceeds in lieu of condemnation are the property of Landlord and Tenant has no claim to such proceeds or award.
Tenant may seek compensation from the condemning authority for its moving expenses and damages to Tenant’s personal property. 

  

	30.	 ATTORNEY’S FEES: Any person who is a prevailing party in any legal proceeding
brought under or related to the transaction described in this lease is entitled to recover prejudgment interest, reasonable attorney’s fees, and all other costs of litigation from the nonprevailing party. 

 

	31.	 REPRESENTATIONS: 

 

	 	A.	 Tenant’s statements in this lease and any application for rental are material representations relied upon
by Landlord. Each party signing this lease represents that he or she is of legal age to enter into a binding contract and is authorized to sign the lease. If Tenant makes any misrepresentation in this lease or in any application for rental, Tenant
is in default. 

  

	 	B.	 Landlord is not aware of any material defect on the Property that would affect the health and safety of an
ordinary person or any environmental hazard on or affecting the Property that would affect the health or safety of an ordinary person, except
                     

 
  

 
  

 
  

	 	C.	 Each party and each signatory to this lease represents that: (1) it is not a person named as a Specially
Designated National and Blocked Person as defined in Presidential Executive Order 13224; (2) it is not acting, directly or indirectly, for or on behalf of a Specially Designated and Blocked Person; and (3) is not arranging or facilitating this
lease or any transaction related to this lease for a Specially Designated and Blocked Person. Any party or any signatory to this lease who is a Specially Designated and Blocked person will indemnify and hold harmless any other person who relies on
this representation and who suffers any claim, damage, loss, liability or expense as a result of this representation. 

  

			
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	Commercial Lease concerning:	  	 12053 Southwest Freeway, Houston

 

	32.	 BROKERS: 

  

	 	A.	 The brokers to this lease are: 

 

											
	        	 	 	 	        	 	Commercial Fine Properties	 	0582829	 	        
	Cooperating Broker	 	License No.	 		 	Principal Broker	 	License No.	 	
						
	 	 	 	 		 	 11689 Westheimer, Suite C

Houston, Texas 77077
	 	 	 	
	Address	 		 		 	Address	 		 	
						
	 	 	 	 		 	(713) 981-3900	 	(281) 598-3951	 	
	Phone	 	Fax	 		 	Phone	 	Fax	 	
						
	 	 	 	 		 	Bob@CFP-Texas.com	 	 	 	
	E-mail	 		 		 	E-mail	 		 	
					
	Cooperating Broker represents Tenant.	 		 		 	Principal Broker (Check only one box)	 	
		 		 		 	 ☒  represents Landlord only.
	 	
		 		 		 	 ☐  represents Tenant only.
	 	
		 		 		 	 ☐  is an intermediary between Landlord and Tenant.
	 	

  

	 	B.	 Fees: 

  

	 	☒      (1)	 Principal Broker’s fee will be paid according to: (Check only one box). 

 

	 	☐    (a)	 a separate written commission agreement between Principal Broker and: 

☐  Landlord            ☐  Tenant. 

 

	 	☒    (b)	 the attached Addendum for Broker’s Fee. 

 

	 	☐      (2)	 Cooperating Broker’s fee will be paid according to: (Check only one box). 

 

	 	☐    (a)	 a separate written commission agreement between Cooperating Broker and: 

☐  Principal
Broker            ☐  Landlord            ☐  Tenant. 

 

	 	☐    (b)	 the attached Addendum for Broker’s Fee. 

 

	33.	 ADDENDA: Incorporated into this lease are the addenda, exhibits and other information marked in the
Addenda and Exhibit section of the Table of Contents. If Landlord’s Rules and Regulations are made part of this lease, Tenant agrees to comply with the Rules and Regulations as Landlord may, at its discretion, amend from time to time.

  

	34.	 NOTICES: All notices under this lease must be in writing and are effective when hand-delivered, sent by
mail, or sent by facsimile transmission to: 

  

									
	Tenant at the leased premises,
	and a copy to:	 	 Rick Williams

		 	Address:	 	 12053 Southwest Freeway, Houston, Texas
77477

 
									
	                      	 	Phone:	 	 (713) 545-1906
	 	Fax:	 	  

 
									
		
	☐  Tenant also consents to receive notices by e-mail at:	 	  

									
		
	Landlord at:	 	 Robert P. Archer

	                      	 	Address:	 	 11614 Southwest Freeway Houston, Texas
77031

 
									
	                      	 	Phone:	 	 (281) 495-5448
	 	Fax:	 	  

 
									
		
	and a copy to:	 	  

	                      	 	Address:	 	  

									
	                      	 	Phone:	 	  
	 	Fax:	 	  

 
									
		
	☐  Landlord also consents to receive notices by e-mail at:	 	  

  

			
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	Commercial Lease concerning:	  	 12053 Southwest Freeway, Houston

 

	35.	 SPECIAL PROVISIONS: 

Tenant agrees to return property at expiration of lease in same condition as when lease commenced, i.e., if 90% of the outside lights are in
working condition, then 90% must work at expiration of lease. 
 Tenant will receive 60 days free rent (September and October of 2009).
Tenant is responsible for all other costs associated with this lease during the 60 days of free rent including but not limited to property taxes, insurance and utilities. 

Mechanical lifts in the shop are included in this lease. 

Tenant will assume remaining electricity contract from landlord. 

Tenant agrees that Landlord’s computer unit may be housed at leased premises for up to 90 days after lease commencement. 

If tenant, for any reason, ever ceases to do business then landlord reserves the right to open a used automobile operation in order to comply
with the City of Stafford restrictions on the property. 
  

	36.	 AGREEMENT OF PARTIES: 

 

	 	A.	 Entire Agreement: This lease contains the entire agreement between Landlord and Tenant and may not be
changed except by written agreement. 

  

	 	B.	 Binding Effect: This lease is binding upon and inures to the benefit of the parties and their respective
heirs, executors, administrators, successors, and permitted assigns. 

  

	 	C.	 Joint and Several: All Tenants are jointly and severally liable for all provisions of this lease. Any
act or notice to, or refund to, or signature of, any one or more of the Tenants regarding any term of this lease, its renewal, or its termination is binding on all Tenants. 

 

	 	D.	 Controlling Law: The laws of the State of Texas govern the interpretation, performance, and enforcement
of this lease. 

  

	 	E.	 Severable Clauses: If any clause in this lease is found invalid or unenforceable by a court of law, the
remainder of this lease will not be affected and all other provisions of this lease will remain valid and enforceable. 

  

	 	F.	 Waiver: Landlord’s delay, waiver, or non-enforcement of
acceleration, contractual or statutory lien, rental due date, or any other right will not be deemed a waiver of any other or subsequent breach by Tenant or any other term in this lease. 

 

	 	G.	 Quiet Enjoyment: Provided that Tenant is not in default of this lease, Landlord covenants that Tenant
will enjoy possession and use of the leased premises free from material interference. 

  

	 	H.	 Force Majeure: If Landlord’s performance of a term in this lease is delayed by strike, lock-out, shortage of material, governmental restriction, riot, flood, or any cause outside Landlord’s control, the time for Landlord’s performance will be abated until after the delay.

  

	 	I.	 Time: Time is of the essence. The parties require strict compliance with the times for performance.

  

			
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	Commercial Lease concerning:	  	 12053 Southwest Freeway, Houston

 

 Brokers are not qualified to render legal advice, property inspections, surveys, engineering studies,
environmental assessments, tax advice, or compliance inspections. The parties should seek experts to render such services. READ THIS LEASE CAREFULLY. If you do not understand the effect of this Lease, consult your attorney BEFORE signing. 

 

					
	Texas Direct Auto	 	 
	Tenant	 	                  

					
			
	By:	 	/s/ Rick Williams	 	08/10/2009
		 	  

		 		 	Date

					
		
	Printed Name:  	 	 Texas Direct Auto, Rick Williams

		 	  

					
	Title:  	 	President	 	                
		 	  

					
	
	/s/ Rick Williams
	  

	Tenant	 		 	
	By	 		 	

 

					
	Robert P. Archer, ETAL	 	                    
	Landlord	 	

					
			
	By:	 		 	  08/10/2009
		 	  

		 		 	Date

					
			
	Printed Name:  	 	Robert P. Archer, ETAL	 	                    
		 	  

					
	Title:  	 		 	                    
		 	  

					
	
	/s/ Robert P. Archer
	  

	Landlord	 		 	
		 		 	

 
 

  

			
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	  	Page 15 of 14

 AMENDMENT TO LEASE AGREEMENT 

Amendment to that certain lease agreement of even date herein by and between Left Gate Property Holdings Inc., dba Texas Direct Auto and
Robert P. Archer et al. For the purposes and considerations expressed in the lease agreement to which this amendment is a part, the parties agreed to amend and modify the lease pursuant to the specific agreements hereinafter set forth. 

1.    The term of this lease shall be for sixty (60) months beginning September 12, 2009 and ending
September 11, 2014. Tenant shall have two options to renew the lease for two additional sixty (60) month periods. To renew said lease tenant shall notify the landlord, in writing, within sixty (60) days prior to the end of the primary
term, being the initial five year term of the lease, that it chooses to exercise this option. The second option to renew shall be at an increased Rental Rate of $85,000 dollars per month. 

2.    Section 9(A) of the lease shall be amended to read as follows: “Tenant and subtenants may use the Leased
Premises for the following purpose and no other; automotive related businesses, auto sales, auto repair, auto body shop, and other related automotive businesses.” 

3.    Section 10, subsection 7 of the lease will be amended to read as follows: This lease is conditioned upon all
governmental entities approving Tenant operating a used car on the Leased Premises. In the event that it is deemed illegal by any governmental entity to operate a used car business on the Leased Premises. In the event that it is deemed illegal by
any governmental entity to operate a used car business or alternatively, should it be found or alleged that operating a used car business is against any zoning laws or ordinances, then this lease shall be terminated for all purposes and all sums of
money not earned as rentals shall be returned to Tenant, including the full security deposit, subject to the condition of the property as provided in the lease. 

4.    Section 11(A) shall be amended to read as follows: Tenant may utilize and post signs on or above the Leased Premises
which are currently in existence by substituting Tenant’s name of that of the prior tenant and/or owner. Other than the foregoing signs, which are now in existence, Tenant may not post signs about the leased premises or property without
Landlord’s written consent, such consent not to be unreasonably withheld. Landlord may remove any unauthorized sign, and Tenant will promptly reimburse Landlord for its cost to remove any unauthorized sign by the compliance with the foregoing.

 5.    Section 13 shall be amended to read as follows: Tenant has inspected the Leased Premises and accepts it in its
present (as is) condition, unless expressly noted otherwise in the lease. Landlord has made no express or implied warranty as to the condition as prescribed use of the property, save as made in the property condition addendum. 

6.    Section 28 of the lease shall be deleted in its entirety unless the following language substituted Casualty loss.
Tenant must notify Landlord immediately of any casualty loss occurring in or about the Leased Premises. Landlord and Tenant will attempt to agree on whether or not the property is usable for its intended purpose. If an agreement cannot be made on
the usability then the parties shall each appoint an arbitrator who shall agree on a third arbitrator. The three arbitrators shall form a committee, and the decision of the committee of arbitrators by majority

  

			
	 (TAR-2109) 5-26-08
 Initialed for Identification
by Tenant: RW, and Landlord: RPA, TA, JA, PA
	  	Page 1 of 5

			
	Addendum for Broker’s Fee concerning:	  	 12053 Southwest Freeway, Houston

 

 
shall be binding on the parties as to the usability of the Leased Premises. In the further event that the loss cannot be repaired within ninety (90) days of the casualty loss, and the
improvements are unusable or untenable for the purposes of the tenant’s business, then Tenant may at Tenant’s option terminate the lease. In the event that the improvements can be substantially restored within ninety (90) days of the
casualty loss then the rent will not be abated after that period of time, and Landlord agrees to substantially restore the premises within said time required. In the event that it will take a greater amount of time than ninety (90) days to
restore the premises then Tenant may terminate the lease and all of its further liability under the lease will likewise be terminated. In the event that the lease does not terminate because of casualty loss and the leased premises are usable, rent
will be reduced from the date of the casualty loss to the date that the Leased Premises are substantially restored by an amount proportional to the extent that the Leased Premises are damaged. Landlord shall be obligated to utilize the full extent
of its insurance to restore the premises. 
 7.    Section 35 entitled “Special Provisions” shall be amended
by the addition of the following: Tenant will assume the remaining electricity contract from Landlord and Landlord represents that said contract is not in default as of the date of lease commencement. 

8.    Right of First Refusal: Tenant shall have the exclusive right to purchase as outlined and described in a Right of
First Refusal. A separate agreement evidencing the Right of First Refusal will be attached hereto as Exhibit “A”. Exhibit “A” shall be filed of record with a legal description of the property. The Right of First Refusal shall run
with the Title to the property until expiration of the lease. 
 9.    Prior to the lease commencement date, Tenant
shall be entitled at Tenant’s expense to conduct at its option a phase one or a phase two environmental assessment on the property. In the event that the environmental assessment shows the property to be the subject of a hazardous condition or
material, then Tenant shall be entitled to terminate this lease agreement, at its option. For purposes of this portion of the lease, a hazardous substance or material shall be defined as a presence of the following materials on the property, radon
gas, asbestos, whether friable or nonfriable, urea, formaldehyde insulation, underground storage tanks or leakage of same, benzene, lead-based paint, landfills, the location of a creosol or other corrosive materials plant on the property previous at
any time, activity relating to oil or gas and the production of minerals, and other hazardous materials that could be the subject of an action of a governmental entity. Landlord shall within 48 hours of execution hereof provide to Tenant a full set
of plans and site plans for the Leased Premises for use in conducting the above studies. The plans will be returned upon completion. 

10.    During the term of this lease and the Right of First Refusal, Landlord agrees that Landlord shall not encumber the
property for more than the $12,000,000. Encumbering the property for a greater sum than the $12,000,000 shall be deemed to be a breach of the lease by Landlord. Tenant and Tenant’s option will be entitled at that time to abate the rent at its
option and pay said 3100 Edlow Suite 335 Houston, TX 77027 or at such other address as either may specify to the other in writing. 

(c)    Fee Governing Law. This Agreement shall be governed by and construed in accordance with the laws of
the State of Texas. 

  

			
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	Addendum for Broker’s Fee concerning:	  	 12053 Southwest Freeway, Houston

 

 (d)    Successors and Assigns. This Agreement shall apply
to, inure to the benefit of and be binding upon and enforceable against the parties hereto and their respective heirs, successors, and or assigns, to the extent as if specified at length throughout this Agreement. 

(e)    Time. Time is of the essence of this Agreement. 

(f)    Headings. The headings inserted at the beginning of each paragraph and/or subparagraph are for
convenience of reference only and shall not limit or otherwise affect or be used in the construction of any terms or provisions hereof. 

(g)    Cost of this Agreement. Any cost and/or fees incurred by the Purchaser or Seller in executing this
Agreement shall be borne by the respective party incurring such cost and/or fee. 
 (h)    Entire
Agreement. This Agreement contains all of the terms, promises, covenants, conditions and representations made or entered into by or between Seller and Purchaser and supersedes all prior discussions and agreements whether written or oral between
Seller and Purchaser with respect to the Option and all other matters contained hereto and constitutes the sole and entire agreement between Seller and Purchaser with respect thereto. This Agreement may not be modified or amended unless such
amendment is set forth in writing and executed by both Seller and Purchaser with the formalities hereof. 

(i)    This agreement or a memorandum regarding same may be filed in the Deed Records of Fort Bend County,
Texas as a memorial thereof. 
 IN WITNESS WHEREOF, the parties hereto have caused this Agreement to be executed under proper authority:

 PURCHASER: 
 Left Gate Property Holdings, Inc. 

 

			
	By:	 	 /s/ Rick Williams

			
	Name:	 	 Rick Williams

			
	Title:	 	 President

 SELLER:  
  

					
	   /s/ Robert Archer
	 		 	   /s/ Jeff Archer

	Robert Archer	 		 	Jeff Archer
			
	   /s/ Todd Archer
	 		 	   /s/ Paul Archer

	Todd Archer	 		 	Paul Archer

  

			
	Initialed for Identification by Tenant: RW, and Landlord: RPA, TA, JA, PA	  	Page 3 of 114

			
	Addendum for Broker’s Fee concerning:	  	 12053 Southwest Freeway, Houston

 

 STATE OF TEXAS 

COUNTY OF FORT BEND 
 This
instrument was acknowledged before me this 1 day of August, 2009 by             Rick Williams             in their
capacity as     President     of Left Gate Properties Inc., who was identified to be the person whose name is subscribed hereinabove. 

 

					
		 	Notary Public	 	            /s/ Kimberly M. Garcia

 STATE OF TEXAS 

COUNTY OF FORT BEND 
 This
instrument was acknowledged before me, this 17 day of August, 2009 by Robert Archer, who was identified to be the person whose name is subscribed hereinabove. 
  

					
		 	Notary Public	 	            /s/ Doris H. Weekly

 STATE OF TEXAS 

COUNTY OF FORT BEND 
 This
instrument was acknowledged before me, this 17 day of August, 2009 by Todd Archer, who was identified to be the person whose name is subscribed hereinabove. 
  

					
		 	Notary Public	 	            /s/ Doris H. Weekly

 STATE OF TEXAS 

COUNTY OF FORT BEND 
 This
instrument was acknowledged before me, this 17 day of August, 2009 by Jeff Archer, who was identified to be the person whose name is subscribed hereinabove. 
  

					
		 	Notary Public	 	            /s/ Doris H. Weekly

 STATE OF TEXAS 

COUNTY OF FORT BEND 

  

			
	Initialed for Identification by Tenant: RW, and Landlord: RPA, TA, JA, PA	  	Page 4 of 114

			
	Addendum for Broker’s Fee concerning:	  	 12053 Southwest Freeway, Houston

 

 This instrument was acknowledged before me, this 17 day of August, 2009 by Paul Archer, who
was identified to be the person whose name is subscribed hereinabove. 
  

					
		 	Notary Public	 	            /s/ Doris H. Weekly

  

			
	Initialed for Identification by Tenant: RW, and Landlord: RPA, TA, JA, PA	  	Page 5 of 114

 EXHIBIT A 

1.    Description of Land Easements,
Rights-of-Ways, Licenses 
 From First American Title
Insurance Company, G.F. No. 00R02042 SJ6, Commitment No. 2-03/08/2000 dated January 31, 2000 and more commonly known as 18.383 acres of land in Houston, Texas, County of Harris at 10400 Southwest
Freeway (U.S. Highway 59). 
 Being Reserves “A”, “C, and D” of a tract of land out of AutoNation USA South, a
subdivision and development according to the plat thereof recorded under Slide No. 1542/A of the Plat Records of Fort Bend County, Texas. SAVE AND EXCEPT to that certain 50 feet
right-of-way to Tx. D.O.T. along the northwesterly line of Reserve A as reflected by the said plat and as conveyed in instrument filed for record on February 7,
1997, under Fort Bend County Clerk’s File No. 9707075. 
 TRACT 1 

A METES and BOUNDS description of a certain 17.5889 acre tract of land situated in the James Alston Survey, Abstract No. 101, Fort Bend
County, Texas; being a portion of the Restrictive Reserve “A”, and all of Restrictive Reserve “D” as recorded in Slide 1542/A of the Fort Bend County Public Records; said 17.5869 acres being more particularly described as follows
with all bearings being based on a call of North 41 degrees 28 minutes 59 seconds East, along the southeast line of U.S. Highway 59 as referenced in a called 37.3851 acre tract by Special Warranty Deed recorded under Clerk’s File
No. 9616974 of the Fort Bend County Official Public Records of Real Property. 
 BEGINNING at a
3⁄4 inch iron rod (with cap stamped “Cotton Surveying”) set at the most southerly corner of a called 1.0535 acre tract of land conveyed to the State of
Texas by Deed recorded under Clerk’s File No. 9707075, the most easterly corner of a called 0.5843 acre tract conveyed to State of Texas recorded in Clerk’s File No. 9673456 both of the Fort Bend County Official Public Records of
Real Property, said iron rod being in the northeast line of Unrestricted Reserve “A” recorded in Slide No. 1187/B of the Fort Bend County Plat Records, from which a 3⁄4 inch iron rod beam North 78 degrees 24 minutes 18 seconds East, 0.75 feet; 
 THENCE, North 41 degrees
28 minutes 59 seconds East 843.11 feet along the southeast line of said U.S. Highway 59, to a 3⁄4 inch iron rod (with cap stamped “Cotton Surveying”) set
in the south line of Nation Drive (60 foot right-of-way) as shown on said Slide No. 1542/A; 

THENCE, along the south line of said Nelson Drive the following seven (7) bearings and distances: 

1.    South 48 degrees 32 minutes 10 seconds East, 193.80 feet to a 3⁄4 inch iron rod found (bent) at a point of curvature beginning a curve to the left; 

2.    Along the arc of said curve to the left having a radius of 330.00 feet, a central angle of 03 degrees 52 minutes 02
seconds, an arc length of 22.27 feet and a long chord bearing South 50 degrees 27 minutes 49 seconds East, 22.27 feet to a 3⁄4 inch iron road (with cap stamped
“Cotton Surveying”) set at a point of tangency; 

  
 Page 1 of 4 

			
	Addendum for Broker’s Fee concerning:	  	 12053 Southwest Freeway, Houston

 

 3.    South 52 degrees 24 minutes 11 seconds East, 100.00 feet to a 3⁄4 inch iron rod (with cap stamped “Cotton Surveying”) set at a point of curvature beginning a curve to the right; 

4.    Along the arc of said curve to the right having a radius of 1100.00 feet, a central angle of 23 degrees 48 minutes
33 seconds, an arc length of 457.10 feet and a long chord bearing South 40 degrees 20 minutes 54 seconds East, 453.82 feet to a 3⁄4 inch iron road (with cap stamped
“Cotton Surveying”) as a point of tangency; 
 5.    South 28 degrees 35 minutes 39 seconds East, 100.00 feet
to a 3⁄4 inch iron rod (with cap stamped “Cotton Surveying”) set at a point of curvature beginning a curve to the left; 

6.    In a southeasterly direction, along the arc of said curve to the left, at an arc length of 398.09 feet passing 3⁄4 inch iron road (with cap stamped “Cotton Surveying”) set at the most easterly corner of said “Restricted Reserve “A”, being the most
northerly corner of said Restricted Reserve “D”, in and along the arc of said curve having a radius of 600.00 feet, a central angle of 62 degrees 35 minutes 35 seconds, an arc length of 655.47 feet and a long chord bearing South
59 degrees 53 minutes 27 seconds East 623.36 feet to a 3⁄4 inch iron rod (with cap stamped “Cotton Surveying”) set at a point of tangency; 

7.    North 88 degrees 48 minutes 46 seconds East, 132.03 feet to a 3⁄4 inch iron rod (with cap stamped “Cotton Surveying”); 
 THENCE, South 01 degrees 11 minutes
14 seconds East 4.99 feet to a 3⁄4 inch iron rod (with cap stamped “Cotton Surveying”) set; 

THENCE, South 88 degrees 48 minutes 46 seconds West, along the northerly line of a called 6.290 acre tract as recorded in Clerk’s File
No. 9520064 of the Fort Bend County Official Public Records of Real Property, same being a called 6.2903 acres of Reserve “A3” recorded in Replat of Reserve “A” Parc Plaza Business Park recorded in Slide No. 687/B of the
Fort Bend County Plat Records are 408.74 feet passing a 3⁄4 inch iron rod (with cap stamped “Cotton Surveying”) set at the most westerly corner of said
Restricted Reserve “D” and the most southeasterly corner of said Restricted Reserve “A”, at 550.41 feet passing the northwest corner of said 6.290 acres and the most northeasterly corner of a called 10.0853 acre tract recorded in
Clerk’s File No. 9513449 of the Fort Bend County Official Public Records of Real Property, same being the most northeasterly corner of Restricted Reserve “A” of Southport Business Park Section Two as recorded in Volume 27, Page
20 of the Fort Bend County Plat Records, at 919.70 feet passing a 5/8 inch iron rod found, being the northwesterly corner of said 10.0853 acres and the northwest corner of a called 5.97 acre tract as recorded in Clerk’s File No. 9877908 of
the Fort Bend County Official Public Records of Real Property, same being the northwesterly corner of Unrestricted Reserve “B” as recorded on Slide No. 1314/A of the Fort Bend County Plat Records, at 1313.31 feet passing the northwesterly
corner of said 5.97 acres and the northeasterly corner of a called 18.0218 core tract as recorded in Clerk’s File No. 9339353 of the Fort Bend County Official Public Records of Real Property, same being the northeasterly corner of
Unrestricted Reserve “A” as described in Partial Replat Stafford Walmart recorded in Slide No. 1254/B of the Fort Bend County Plat Records, in all a total distance of 1419.41 to a 5/8 inch iron rod found; 

  
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	Addendum for Broker’s Fee concerning:	  	 12053 Southwest Freeway, Houston

 

 THENCE, North 48 degrees 31 minutes 13 seconds West, 527.16 feet along the northeast line of
said 18.0218 across to the POINT OF BEGINNING, CONTAINING 17.5869 acres of land in Fort Bend County, Texas. 
 TRACT II 

A METES and BOUNDS description of a certain 0.1332 acre tract of land situated in the James Alston Survey, Abstract No. 101, Fort Bend
County, Texas; being a portion of Restricted Reserve “C” as recorded in Slide 1542/A of the Fort Bend County Pub. Records; said 0.1332 acres being more particularly described as follows with all bearings being based on a call of North
41 degrees 28 minutes 59 seconds East, along the southwest line of U.S. Highway 59 as referenced in a called 37.3851 acre tract by Special Warranty Deed recorded under Clerk’s File No. 9616974 of the Fort Bend County Official Public
Records of Real Property; 
 BEGINNING at a 5/8 inch iron rod found at the most easterly corner of a called 1.0585 acre tract of land
conveyed to the State of Texas by Deed recorded under Clerk’s File No. 9707075, being the most southerly corner of a called 0.4921 acres recorded by Clerk’s File No. 9709583 of the Fort Bend County Official Public Records of Real
Property, being in the common line of said Restricted Reserve “C” and Brighton Lane Shopping Center as recorded in Slide No. 661/A of the Fort Bend County Plot Records and same being a called 5.2812 acres conveyed to Cycle Shack West, Inc.
by Special Warranty Deed with Vendor’s Lien recorded in said Clerk’s File No. 9709583 of the Fort Bend County Official Public Records of Real Property; 

THENCE, South 48 degrees 32 minutes 10 seconds East 527.89 feet along said common end to a 5/8 inch iron rod found in the south corner of said
5.2812 acres; 
 THENCE, South 41 degrees 27 minutes 50 seconds West 13.23 feet to a 3⁄4 inch iron rod (with cap stamped “Cotton Surveying”) set at a point of non-tangency in the north line of Nation Drive (60 foot right-of-way) as recorded in said Slide 1542/A. 
 THENCE, along the north line of said Nation
Drive the following four (4) bearings and distance: 
 1.    In a northwesterly direction along the arc of a curve
to the left having a length of 1160.00 feet, a control angle of 10 degrees 41 minutes 40 seconds, an arc length of 216.52 feet and a long chord bearing North 47 degrees 03 minutes 21 seconds West 216.20 feet to a
3⁄4 inch iron rod (with cap stamped “Cotton Surveying”) set at a point of tangency; 

2.    North 52 degrees 24 minutes 11 seconds West, 100.00 feet to a 3⁄4 inch iron rod (with cap stamped “Cotton Surveying”) set at a point of curvature beginning a curve to the right; 

3.    Along the arc of said curve to the right having a radius of 270.00 feet, a central angle of 03 degrees 52 minutes 02
seconds, an arc length of 18.22 feet and a long chord bearing North 50 degrees 28 minutes 11 seconds West; 18.22 feet to a 3⁄4 inch iron rod found (bent) at a point
of tangency; 

  
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	Addendum for Broker’s Fee concerning:	  	 12053 Southwest Freeway, Houston

 

 4.    North 48 degrees 32 minutes 10 seconds West, 193.78 feet to a 3⁄4 inch iron rod (with cap stamped “Cotton Surveying”) set at a point in the southeasterly line of said 1.0535 acres; 

THENCE, North 41 degrees 28 minutes 59 seconds East, 15.00 feet along said southeast line of said 1.0535 acres to the POINT OF BEGINNING,
CONTAINING 0.1332 acres of land in Fort Bend County, Texas. 
 Permitted Encumbrances 

 

	 	2.	 As identified in Item 1, Item 2 (limited to “shortages in area”), Item 5 (deleting however
“subsequent taxes and assessments by any taxing authority for prior years due to change in land usage or ownership” and adding “Company insures that standby fees taxes and assessments by any taxing authority for the year 2000 are not
yet due and payable”), Item 8, and Items 9a through 9j and 9l on Schedule B of the Title Commitment No. 2-03/08/2000 from First American Title Insurance Company dated January 31, 2000.

  
 Page 4 of 114 

 STATE OF TEXAS 

COUNTY OF FORT BEND 

RIGHT OF FIRST REFUSAL AGREEMENT FOR PURCHASE OF REAL PROPERTY 

NOTICE OF CONFIDENTIALITY RIGHTS: IF YOU ARE A NATURAL PERSON, YOU MAY REMOVE OR STRIKE ANY OF THE FOLLOWING INFORMATION FORM THIS INSTRUMENT
BEFORE IT IS FILED FOR RECORD IN THE PUBLIC RECORDS: YOUR SOCIAL SECURITY NUMBER OR YOUR DRIVER’S LICENSE NUMBER. 
 THIS RIGHT OF
FIRST REFUSAL AGREEMENT (“Agreement”) made and entered into this      day of August, 2009, by and between Robert Archer, Todd Archer, Jeff Archer, and Paul Archer, whose principal address is 11614 Southwest Fwy Hou
TX 77031    , hereinafter referred to as “Seller” (whether one or more) and Left Gate Property Holdings. Inc., whose principal address is
                                        ,
hereinafter referred to as “purchaser”; 
 W I T N E S S E T H: 

WHEREAS, Seller is the fee simple owner of certain real property being, lying and situated in the County of Harris, State of Texas, such real
property (“‘Property”) and such property being more particularly described as follows; see attached Exhibit “A.” 

Whereas purchaser has leased the property for a term of years from seller and as a part of the lease payments, said payments a separate
consideration for this Right, the receipt sufficiently of which is acknowledged by Seller, Seller grants to Purchaser an exclusive Right for First Refusal to purchase the above described property on the following terms. 

1.    DEFINITIONS. For the purposes of this Agreement, the following terms shall have the following meanings: 

(a)    “Execution Date” shall mean the day upon which the last party to this Agreement shall duly
execute this Agreement; 
 (b)     “Right of First Refusal” shall mean that period of time
commencing on the Execution Date and continuing for the entire term of the lease agreement (August 31, 2019). 

(c)    “Exercise Date” shall mean that date, within the Term, upon which the Purchaser’s
shall send its written notice to Seller exercising its Right to Purchase, during which the Right may be exercised; 

(d)    “Bona Fide Offer” shall mean that genuine offer to purchase the property from any third
party which is evidenced by a written contract for the purchase of the property described on the attached Exhibit “A” or any part thereof, executed by all parties and accompanied by consideration. 

  

			
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	Addendum for Broker’s Fee concerning:	  	 12053 Southwest Freeway, Houston

 

 (e)    “Closing Date” shall mean the last day
of the closing term or such other date during the closing terms selected by Purchaser. 
 2.    GRANT OF RIGHT OF FIRST
REFUSAL. For and in consideration of the Seller as set forth herein leasing of the premise or purchaser, Seller does hereby grant to Purchaser the exclusive Right of First Refusal to purchase the Property upon the terms and conditions as set forth
herein. This Right shall be binding on seller during the term hereof and shall inure exclusively to the benefit of purchaser to all assigns. This Right of First Refusal shall be deemed to be a covenant running with the Title to the property. 

3.    EXERCISE OF RIGHT. Purchaser may exercise its exclusive right to purchase the Property pursuant to the Agreement at
any time during the Term, by giving written notice thereof to Seller conditioned on receipt of a Bona Fide offer. Upon receipt of a Bona Fide Offer as hereinabove defined Seller shall forward by certified mail said offer to the address given in the
lease for notices. Upon receipt of the copy of the proposed contract, Purchaser shall have a 60 day feasibility period within which time Purchaser shall open title on the property, perform any environmental studies on the property, and perform any
other due diligence on the property as contained in the Bona Fide Offer. In said 60 day time period Purchaser shall notify Seller if it wishes to purchase the property described herein on the same terms and conditions as contained in the Bona Fide
Offer. The Bona Fide Offer shall as a part of the it’s terms include a reference to this Right of First Refusal and shall subject and condition the closing of the Bona Fide Offer on performance of this contract. In the event that Purchaser does
not notify Seller of its intent to exercise its Right of First Refusal within 60 days of receipt of certified mail of the Bona Fide Offer then Seller’s Right of First Refusal shall terminate. In the event that Purchaser notifies Seller that
Purchaser wishes to exercise its Right of First Refusal, then Purchaser shall execute a contract identical in form to the Bona Fide Offer giving Purchaser the additional time as contained in the Bona Fide Offer to close the sale. By way of
definition, the parties agree that Purchaser can execute a contract in identical form of the Bona Fide Offer and from the date of tender of the contract with consideration will have the same time and enjoy the same rights and privileges as the
Offeror of the Bona Fide Offer from the date of notice of acceptance of the Bona Fide Offer. 

(a)    Purchase Price. The purchase price for the Property shall be the purchase price as described in the
Bona Fide offer. 
 (b)    Closing Date. The closing date shall be that date as provided for in the Bona
Fide Offer with the beginning contract date being the date that Purchaser notifies Seller of it’s election to purchase under this Right of First Refusal. 

(c)    Closing Costs. Owner shall pay all costs of transferring the property and guaranteeing title to the
property to Purchaser, including but not limited to costs of an updated survey, costs of title policy, and other normal closing costs associated with transferring title and as listed on the standard Texas Association of Realtors Commercial Sales
form save and except Purchaser shall be responsible for all Ad Valorem taxes. Purchaser likewise shall pay all closing costs related to the financing of the property and in obtaining approval of financing of the property as listed on the standard
Texas Association of Realtors Commercial Property Purchase Form. 

  

			
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	Addendum for Broker’s Fee concerning:	  	 12053 Southwest Freeway, Houston

 

 (d)    Default by Purchaser; Remedies of Seller. In the
event Purchaser, after exercise of the Right, fails to proceed with the closing of the purchase of the Property pursuant to the terms and provisions as contained herein and/or under the Contract, Seller shall terminate the Right and shall have no
further recourse against Purchaser. Default by purchase shall not terminate or effect either party’s rights under the lease agreement; 

(e)    Default by Seller; Remedies of Purchaser. In the event Seller fails to close the sale of the
Property pursuant to the terms and provisions of this Agreement and/or under the Contract, Purchaser shall be entitled to either sue for specific performance of the real estate purchase and sale contract or terminate such Contract and sue for money
damages. 
 4.    MISCELLANEOUS. 

(a)    Execution by Both Parties. This Agreement shall not become effective and binding until fully
executed by both Purchaser and Seller. 
 (b)    Notice. All notices, demands and/or consents provided
for in this Agreement shall be in writing and shall be delivered to the parties hereto by hand or by United States Mail with postage pre-paid. All such notices and communications shall be addressed to the
Seller at 11614 Southwest Fwy, Hou TX 77031 and to Purchaser at 12053 Southwest Freeway Stafford, TX with a copy to 3100 Edloe Suite, 335 Houston, TX 77027 or at such other address as either may specify to the other in writing. 

(c)    Fee Governing Law. This Agreement shall be governed by and construed in accordance with the laws of
the State of Texas. 
 (d)    Successors and Assigns. This Agreement shall apply to inure to the benefit
of and be binding upon and enforceable against the parties hereto and their respective heirs, successors, and or assigns, to the extent as if specified at length throughout this Agreement. 

(e)    Time. Time is of the essence of This Agreement. 

(f)    Headings. The headings inserted at the beginning of each paragraph and/or subparagraph are for
convenience of reference only and shall not limit or otherwise affect or be used in the construction of any terms or provisions hereof. 

(g)    Cost of this Agreement. Any cost and/or fees incurred by the Purchaser or Seller in executing this
Agreement shall be done by the respective party incurring such cost and/or fee. 
 (h)    Entire
Agreement. This Agreement contains all of the terms, promises, covenants, conditions and representations made or entered into by or between Seller and Purchaser and supersedes all prior discussions and agreements whether written or oral between
Seller and Purchaser with respect to the Option and all other matters contained herein and constitutes the sole and entire agreement between Seller and Purchaser with respect thereto. This Agreement may not be modified or amended unless such
amendment is set forth in writing and executed by both Seller and Purchaser with the formalities hereof. 

  

			
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	Addendum for Broker’s Fee concerning:	  	 12053 Southwest Freeway, Houston

 

 (i)    This agreement or a memorandum regarding same may
be filed in the Deed Records of Fort Bend County, Texas as a memorial thereof. 

  

			
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	Addendum for Broker’s Fee concerning:	  	 12053 Southwest Freeway, Houston

 

 IN WITNESS WHEREOF, the parties here to have caused this Agreement to be executed under
proper authority. 
 PURCHASER: 
 Left Gate Property
Holdings, Inc. 
  

			
	By:	 	   /s/ Rick Williams

			
	Name:	 	   Rick Williams

			
	Title:	 	     President

 SELLER: 
  

					
	   /s/ Robert Archer
	 		 	   /s/ Jeff Archer

	Robert Archer	 		 	Jeff Archer
			
	   /s/ Todd Archer
	 		 	   /s/ Paul Archer

	Todd Archer	 		 	Paul Archer

  

			
	Initialed for Identification by Tenant: RW, and Landlord: RPA, TA, JA, PA	  	Page 5 of 114

			
	Addendum for Broker’s Fee concerning:	  	 12053 Southwest Freeway, Houston

 

					
		 	Notary Public	 	            /s/ Doris H. Weekly

 STATE OF TEXAS 

COUNTY OF FORT BEND 
 This
instrument was acknowledged before me, this 17 day of August, 2009, by Jeff Archer, who was identified to be the person whose name is subscribed hereinabove. 
  

					
		 	Notary Public	 	            /s/ Doris H. Weekly

 STATE OF TEXAS 

COUNTY OF FORT BEND 
 This
instrument was acknowledged before me, this 17 day of August, 2009, by Paul Archer, who was identified to be the person whose name is subscribed hereinabove. 
  

	
	  

	 /s/ Doris H. Weekly

 Notary Public 

  

			
	Initialed for Identification by Tenant: RW, and Landlord: RPA, TA, JA, PA	  	Page 6 of 114

 EXHIBIT A 

1.    Description of Land Easements,
Rights-of-Ways, Licenses 
 From First American Title
Insurance Company, G.F. No. 00R02042 SJ6, Commitment No. 2-03/08/2000 dated January 31, 2000 and more commonly known as 18.383 acres of land in Houston, Texas, County of Harris at 10400 Southwest
Freeway (U.S. Highway 59). 
 Being Reserves “A”, “C, and D” of a tract of land out of AutoNation USA South, a
subdivision and development according to the plat thereof recorded under Slide No. 1542/A of the Plat Records of Fort Bend County, Texas. SAVE AND EXCEPT to that certain 50 feet
right-of-way to Tx. D.O.T. along the northwesterly line of Reserve A as reflected by the said plat and as conveyed in instrument filed for record on February 7,
1997, under Fort Bend County Clerk’s File No. 9707075. 
 TRACT 1 

A METES and BOUNDS description of a certain 17.5889 acre tract of land situated in the James Alston Survey, Abstract No. 101, Fort Bend
County, Texas; being a portion of the Restrictive Reserve “A”, and all of Restrictive Reserve “D” as recorded in Slide 1542/A of the Fort Bend County Public Records; said 17.5869 acres being more particularly described as follows
with all bearings being based on a call of North 41 degrees 28 minutes 59 seconds East, along the southeast line of U.S. Highway 59 as referenced in a called 37.3851 acre tract by Special Warranty Deed recorded under Clerk’s File
No. 9616974 of the Fort Bend County Official Public Records of Real Property. 
 BEGINNING at a
3⁄4 inch iron rod (with cap stamped “Cotton Surveying”) set at the most southerly corner of a called 1.0535 acre tract of land conveyed to the State of
Texas by Deed recorded under Clerk’s File No. 9707075, the most easterly corner of a called 0.5843 acre tract conveyed to State of Texas recorded in Clerk’s File No. 9673456 both of the Fort Bend County Official Public Records of
Real Property, said iron rod being in the northeast line of Unrestricted Reserve “A” recorded in Slide No. 1187/B of the Fort Bend County Plat Records, from which a 3⁄4 inch iron rod beam North 78 degrees 24 minutes 18 seconds East, 0.75 feet; 
 THENCE, North 41 degrees
28 minutes 59 seconds East 843.11 feet along the southeast line of said U.S. Highway 59, to a 3⁄4 inch iron rod (with cap stamped “Cotton Surveying”) set
in the south line of Nation Drive (60 foot right-of-way) as shown on said Slide No. 1542/A; 

THENCE, along the south line of said Nelson Drive the following seven (7) bearings and distances: 

1.    South 48 degrees 32 minutes 10 seconds East, 193.80 feet to a 3⁄4 inch iron rod found (bent) at a point of curvature beginning a curve to the left; 

  
 Page 1 of 4 

			
	Addendum for Broker’s Fee concerning:	  	 12053 Southwest Freeway, Houston

 

 2.    Along the arc of said curve to the left having a radius of 330.00
feet, a central angle of 03 degrees 52 minutes 02 seconds, an arc length of 22.27 feet and a long chord bearing South 50 degrees 27 minutes 49 seconds East, 22.27 feet to a 3⁄4 inch iron road (with cap stamped “Cotton Surveying”) set at a point of tangency; 

3.    South 52 degrees 24 minutes 11 seconds East, 100.00 feet to a 3⁄4 inch iron rod (with cap stamped “Cotton Surveying”) set at a point of curvature beginning a curve to the right; 

4.    Along the arc of said curve to the right having a radius of 1100.00 feet, a central angle of 23 degrees 48 minutes
33 seconds, an arc length of 457.10 feet and a long chord bearing South 40 degrees 20 minutes 54 seconds East, 453.82 feet to a 3⁄4 inch iron road (with cap stamped
“Cotton Surveying”) as a point of tangency; 
 5.    South 28 degrees 35 minutes 39 seconds East, 100.00 feet
to a 3⁄4 inch iron rod (with cap stamped “Cotton Surveying”) set at a point of curvature beginning a curve to the left; 

6.    In a southeasterly direction, along the arc of said curve to the left, at an arc length of 398.09 feet passing 3⁄4 inch iron road (with cap stamped “Cotton Surveying”) set at the most easterly corner of said “Restricted Reserve “A”, being the most
northerly corner of said Restricted Reserve “D”, in and along the arc of said curve having a radius of 600.00 feet, a central angle of 62 degrees 35 minutes 35 seconds, an arc length of 655.47 feet and a long chord bearing South
59 degrees 53 minutes 27 seconds East 623.36 feet to a 3⁄4 inch iron rod (with cap stamped “Cotton Surveying”) set at a point of tangency; 

7.    North 88 degrees 48 minutes 46 seconds East, 132.03 feet to a 3⁄4 inch iron rod (with cap stamped “Cotton Surveying”); 
 THENCE, South 01 degrees 11 minutes
14 seconds East 4.99 feet to a 3⁄4 inch iron rod (with cap stamped “Cotton Surveying”) set; 

THENCE, South 88 degrees 48 minutes 46 seconds West, along the northerly line of a called 6.290 acre tract as recorded in Clerk’s File
No. 9520064 of the Fort Bend County Official Public Records of Real Property, same being a called 6.2903 acres of Reserve “A3” recorded in Replat of Reserve “A” Parc Plaza Business Park recorded in Slide No. 687/B of the
Fort Bend County Plat Records are 408.74 feet passing a 3⁄4 inch iron rod (with cap stamped “Cotton Surveying”) set at the most westerly corner of said
Restricted Reserve “D” and the most southeasterly corner of said Restricted Reserve “A”, at 550.41 feet passing the northwest corner of said 6.290 acres and the most northeasterly corner of a called 10.0853 acre tract recorded in
Clerk’s File No. 9513449 of the Fort Bend County Official Public Records of Real Property, same being the most northeasterly corner of Restricted Reserve “A” of Southport Business Park Section Two as recorded in Volume 27, Page
20 of the Fort Bend County Plat Records, at 919.70 feet passing a 5/8 inch iron rod found, being the northwesterly corner of said 10.0853 acres and the northwest corner of a called 5.97 acre tract as recorded in Clerk’s File No. 9877908 of
the Fort Bend County Official Public Records of Real Property, same being the northwesterly corner of Unrestricted Reserve “B” as recorded on Slide No. 1314/A of the Fort Bend County Plat Records, at 1313.31 feet passing the northwesterly
corner of said 5.97 acres and the northeasterly corner of a called 18.0218 core tract as recorded in Clerk’s File No. 9339353 of the Fort Bend County 

  
 Page 2 of 114 

			
	Addendum for Broker’s Fee concerning:	  	 12053 Southwest Freeway, Houston

 

 
Official Public Records of Real Property, same being the northeasterly corner of Unrestricted Reserve “A” as described in Partial Replat Stafford Walmart recorded in Slide No. 1254/B of
the Fort Bend County Plat Records, in all a total distance of 1419.41 to a 5/8 inch iron rod found; 
 THENCE, North 48 degrees 31 minutes
13 seconds West, 527.16 feet along the northeast line of said 18.0218 across to the POINT OF BEGINNING, CONTAINING 17.5869 acres of land in Fort Bend County, Texas. 

TRACT II 
 A METES and BOUNDS
description of a certain 0.1332 acre tract of land situated in the James Alston Survey, Abstract No. 101, Fort Bend County, Texas; being a portion of Restricted Reserve “C” as recorded in Slide 1542/A of the Fort Bend County Pub.
Records; said 0.1332 acres being more particularly described as follows with all bearings being based on a call of North 41 degrees 28 minutes 59 seconds East, along the southwest line of U.S. Highway 59 as referenced in a called 37.3851 acre
tract by Special Warranty Deed recorded under Clerk’s File No. 9616974 of the Fort Bend County Official Public Records of Real Property; 

BEGINNING at a 5/8 inch iron rod found at the most easterly corner of a called 1.0585 acre tract of land conveyed to the State of Texas by
Deed recorded under Clerk’s File No. 9707075, being the most southerly corner of a called 0.4921 acres recorded by Clerk’s File No. 9709583 of the Fort Bend County Official Public Records of Real Property, being in the common
line of said Restricted Reserve “C” and Brighton Lane Shopping Center as recorded in Slide No. 661/A of the Fort Bend County Plot Records and same being a called 5.2812 acres conveyed to Cycle Shack West, Inc. by Special Warranty Deed with
Vendor’s Lien recorded in said Clerk’s File No. 9709583 of the Fort Bend County Official Public Records of Real Property; 

THENCE, South 48 degrees 32 minutes 10 seconds East 527.89 feet along said common end to a 5/8 inch iron rod found in the south corner of said
5.2812 acres; 
 THENCE, South 41 degrees 27 minutes 50 seconds West 13.23 feet to a 3⁄4 inch iron rod (with cap stamped “Cotton Surveying”) set at a point of non-tangency in the north line of Nation Drive (60 foot right-of-way) as recorded in said Slide 1542/A. 
 THENCE, along the north line of said Nation
Drive the following four (4) bearings and distance: 
 1.    In a northwesterly direction along the arc of a curve
to the left having a length of 1160.00 feet, a control angle of 10 degrees 41 minutes 40 seconds, an arc length of 216.52 feet and a long chord bearing North 47 degrees 03 minutes 21 seconds West 216.20 feet to a
3⁄4 inch iron rod (with cap stamped “Cotton Surveying”) set at a point of tangency; 

2.    North 52 degrees 24 minutes 11 seconds West, 100.00 feet to a 3⁄4 inch iron rod (with cap stamped “Cotton Surveying”) set at a point of curvature beginning a curve to the right; 

3.    Along the arc of said curve to the right having a radius of 270.00 feet, a central angle of 03 degrees 52 minutes 02
seconds, an arc length of 18.22 feet and a long chord bearing North 50 degrees 28 minutes 11 seconds West; 18.22 feet to a 3⁄4 inch iron rod found (bent) at a point
of tangency; 

  
 Page 3 of 114 

			
	Addendum for Broker’s Fee concerning:	  	 12053 Southwest Freeway, Houston

 

 4.    North 48 degrees 32 minutes 10 seconds West, 193.78 feet to a 3⁄4 inch iron rod (with cap stamped “Cotton Surveying”) set at a point in the southeasterly line of said 1.0535 acres; 

THENCE, North 41 degrees 28 minutes 59 seconds East, 15.00 feet along said southeast line of said 1.0535 acres to the POINT OF BEGINNING,
CONTAINING 0.1332 acres of land in Fort Bend County, Texas. 
 Permitted Encumbrances 

 

	 	2.	 As identified in Item 1, Item 2 (limited to “shortages in area”), Item 5 (deleting however
“subsequent taxes and assessments by any taxing authority for prior years due to change in land usage or ownership” and adding “Company insures that standby fees taxes and assessments by any taxing authority for the year 2000 are not
yet due and payable”), Item 8, and Items 9a through 9j and 9l on Schedule B of the Title Commitment No. 2-03/08/2000 from First American Title Insurance Company dated January 31, 2000.

  
 Page 4 of 114 

 

 
 COMMERCIAL LEASE GUARANTY 

USE OF THIS FORM BY PERSONS WHO ARE NOT MEMBERS OF THE TEXAS ASSOCIATION OF REALTORS®
IS NOT AUTHORIZED. 
 ©Texas Association of REALTORS®, Inc. 2003 
  
  

			
	 GUARANTY TO COMMERCIAL LEASE CONCERNING THE LEASED PREMISES AT 12053 Southwest

	 Freeway, Houston,
	 	between

			
	
                     
                                         
                          Robert P. Archer, ETAL
	 	(Landlord) and

			
	
                     
                                         
                              Texas Direct Auto
	 	(Tenant).

  

	A.	 In consideration for Landlord leasing the leased premises to Tenant, the undersigned Guarantor (whether one or
more) guarantee Tenant’s performance under the above-referenced lease. 

  

	B.	 If Tenant fails to timely make any payment under the lease, Guarantor will promptly make such payment to
Landlord at the place of payment specified in the lease. Guarantor is also responsible for any property damage to the leased premises or Property (as defined in the lease) for which Tenant is responsible under the lease. If Tenant breaches the
lease, Guarantor will: (i) cure the breach as may be required of Tenant by the lease; or (ii) compensate Landlord for Landlord’s loss resulting from the breach. 

 

	C.	 Guarantor guarantees Tenant’s obligations under the lease regardless of any modification, amendment,
renewal, extension, or breach of the lease. Guarantor waives any rights to notices of acceptance, modification, amendment, extension, or breach of the lease. All Guarantors are jointly and severally liable for all provisions of this guaranty. Filing
for bankruptcy by Tenant will not diminish Guarantor’s obligations under this guaranty. 

  

	D.	 The laws of the State of Texas govern the interpretation, validity, performance, and enforcement of this
guaranty. Any person who is a prevailing party in any legal proceeding brought under or related to this guaranty is entitled to recover attorney’s fees from the nonprevailing party. 

 

	E.	 Guarantors authorize Landlord to obtain a copy of any consumer or credit report of Guarantors from any consumer
reporting agency and to verify relevant information related to Guarantors’ creditworthiness from other persons such as banks, creditors, employers, existing and previous landlords, and other persons. 

 

	F.	 Special Provisions: 

This guaranty shall expire on August 31, 2009 and shall be void for all purposes. This guaranty shall be limited to one year base rent
under the lease. 
  

					
	 /s/
Rick Williams                                      
                           08/10/2009

Guarantor’s Signature                     
                                         
      Date
	 	 
     
	  	  

Guarantor’s Signature                     
                                         
     Date

			
	 Rick Williams

Guarantor’s Name Printed
	 		  	  

Guarantor’s Name Printed

			
	 12053 Southwest Freeway

Houston, Texas 77477

Guarantor’s Address
	 		  	  

Guarantor’s Address

  

			
	    	  	Page 1 of 2

			
	Addendum for Broker’s Fee concerning:	  	 12053 Southwest Freeway, Houston

 

					
			
	 (713) 545-1906

Phone                         
                                         
          SS# or Tax ID#
	 		  	  

Phone                         
                                         
         SS# or Tax ID#

  

			
	    	  	Page 2 of 114

 

 
 COMMERCIAL LEASE ADDENDUM FOR BROKER’S FEE 

USE OF THIS FORM BY PERSONS WHO ARE NOT MEMBERS OF THE TEXAS ASSOCIATION OF REALTORS®
IS NOT AUTHORIZED. 
 ©Texas Association of REALTORS®, Inc. 2003 
  
  

ADDENDUM TO THE COMMERCIAL LEASE BETWEEN THE UNDERSIGNED LANDLORD AND TENANT CONCERNING THE LEASED PREMISES AT 12053 Southwest Freeway,
Houston,                                        
                              

 

	 	

  
  

									
	A.    	 	Leasing Fees: All leasing fees are earned when the above referenced lease is executed.
			
		 	(1)  	 	Robert P.
Archer                                      
                   will pay Principal Broker a leasing fee calculated and payable as follows:
					
		 	 ☐
	 	(a)	 	    	 	% of all base rents to be paid for the term of the lease and the same percentage of the expense reimbursements state or estimated in the least, payable as follows: one-half of such amount at
the time Landlord and Tenant execute the lease and the remainder on the date the lease commences.
					
		 	☒	 	(b)	 		 	3.000                % of all base month rents to be paid for the term of the lease and the same percentage of the expense reimbursements states
or estimated in the least, payable as follows: Commission to be paid on a monthly bases to coincide with the lease for the term of the lease with any
options                                       
                                         
.
					
		 	☐	 	(c)	 		 	                                      
                                         
                                         
                                         
                           .
			
		 	(2)	 	N/A                                   
                              will pay Cooperating Broker a leasing fee calculated and payable as
follows:
					
		 	 ☐
	 	(a)	 	    	 	% of all base rents to be paid for the term of the lease and the same percentage of the expense reimbursements stated or estimated in the lease, payable as follows: one-half of such amount at
the time Landlord and Tenant execute the lease and the remainder on the date the lease commences.
					
		 	☐	 	(b)	 		 	% of all base monthly rents to be paid for the term of the lease and the same percentage of the expense reimbursements stated or estimated in the lease, payable as follows:
                .
					
		 	☐	 	(c)	 		 	                                      
                                         
                                         
                                         
                           .
		
	B.	 	Renewal and Expansion Fees: If Landlord and Tenant subsequently extend, renew, or expand the lease, including a new lease for more, less, or different space in the Property or in any other property owned,
controlled, or managed by Landlord, the brokers will be paid the fees set forth below. The fees will be earned and payable when the extension, renewal, expansion or new lease is executed or commences, whichever is earlier.
			
		 	(1)	 	Robert P. Archer                 will pay Principal Broker a renewal fee of:
					
		 	 ☒
	 	(a)	 	    	 	3.000                 % of all base monthly rents to be paid for the term of the extension, renewal, expansion or new lease and the same
percentage of the expense reimbursements stated or estimated in the lease, governing the extension, renewal, expansion, or new lease.
					
		 	☐	 	(b)	 		 	                                      
                                         
                                         
                                         
                           .
		 		 		 		 	                                      
                                         
                                         
                                         
                           .

  

			
	 (TAR-2109) 5-26-08
 Initialed for Identification
by Tenant: RW, and Landlord: RPA
	  	Page 1 of 2

			
	Addendum for Broker’s Fee concerning:	  	 12053 Southwest Freeway, Houston

 

									
			
		 	(2)  	 	N/A                                   
                  will pay Principal Broker a renewal fee of:
					
		 	 ☐
	 	(a)	 	    	 	                 % of all base monthly rents to be paid for the term of the extension, renewal, expansion, or new lease and the same percentage
of the expense reimbursements stated or estimated in the lease governing the extension, renewal, expansion, or new lease.
					
		 	☐	 	(b)	 		 	                                      
                                         
                                         
                                         
                           .
		 		 		 		 	                                      
                                         
                                         
                                         
                           .
		
	C.  	 	Fees in the Event of a Sale: If, during any time the lease is in effect or during any time Tenant occupies the leased premises, including any extension, renewal, or expansion, Tenant agrees to purchase the leased
premises or Property by oral or written agreement or option, brokers will be paid the additional fees set forth below. The additional fees will be earned at the time Landlord and Tenant enter into an agreement for the sale, purchase, or option for
the leased premises or Property, and are payable at the time the sale or purchase closes.
			
		 	(1)	 	Robert P.
Archer                                    
             will pay Principal Broker a renewal fee of:
					
		 	☒	 	(a)	 	    	 	3.000                 % of the sales price for the purchase.
					
		 	☐	 	(b)	 		 	                                      
                                         
                                         
                                         
                           .
		 		 		 		 	                                      
                                         
                                         
                                         
                           .
			
		 	(2)	 	N/A                                   
                              will pay Cooperating Broker an additional fee of:
					
		 	☐	 	(a)	 	    	 	                 % of the sales price for the purchase.
					
		 	☐	 	(b)	 		 	                                      
                                         
                                         
                                         
                           .
		 		 		 		 	                                      
                                         
                                         
                                         
                           .
		
	D.  	 	County: All fees under this addendum are payable in
                Harris              
   County, Texas.
		
	E.  	 	Attorney’s Fees: If Landlord, Tenant, or any broker is a prevailing party in any legal proceeding brought as a result of a dispute under this addendum or any transaction related to or contemplated by this
addendum, such party will be entitled to recover from the non-prevailing parties all costs of such proceeding, prejudgment interest, and reasonable attorney’s fees.
		
	F.  	 	Special Provisions:
		
		 	In the case of sale Brokerage fees shall be paid by seller at closing. Purchaser shall have no liability or obligations regarding brokerage fees.

  

													
	Texas Direct Auto	 	 	 	    	 	Robert P. Archer, ETAL	 	                    
	Tenant	 	                  	 		 	Landlord	 	

													
							
	By:	 	/s/ Rick Williams	 	08/10/2009	 	    	 	By:	 	/s/ Robert P. Archer	 	  08/10/2009

																	
	      	 	Rick Williams	 	Date       	 		 		 		 		 	Robert P. Archer	 	Date

													
	    	 	 	 	    	 	    	 	                    
	Tenant	 	                  	 		 	Landlord	 	

													
							
	By:	 	 	 	                  	 	    	 	By:	 	 	 	                    

													
					
	    	 	 	 	    	 	    	 	                    
	Cooperating Broker	 	                  	 		 	Principal Broker	 	

													
							
	By	 	 	 	                  	 	    	 	By	 	 	 	                    
		 		 	Date	 		 		 		 	Date

  

			
	 (TAR-2102) 5-26-08
 Initialed for Identification
by Tenant: RW, and Landlord: RPA
	  	Page 2 of 2

 

 
 COMMERCIAL PROPERTY CONDITION STATEMENT 

USE OF THIS FORM BY PERSONS WHO ARE NOT MEMBERS OF THE TEXAS ASSOCIATION OF REALTORS®
IS NOT AUTHORIZED. 
 ©Texas Association of REALTORS®, Inc. 2003 
  

CONCERNING THE PROPERTY AT: 12053 Southwest Freeway, Houston, Texas 77477
                                         
        THIS IS A DISCLOSURE OF THE SELLER’S KNOWLEDGE OF THE CONDITION OF THE PROPERTY AS OF THE DATE SIGNED. IT IS NOT A SUBSTITUTE FOR ANY INSPECTIONS OR WARRANTIES A BUYER OR TENANT MAY WISH TO OBTAIN.
IT IS NOT A WARRANTY OF ANY KIND BY SELLER, SELLER’S AGENTS, OR ANY OTHER AGENT. 
 PART 1—Complete if Property is Improved or Unimproved

  

					
	Are you (Seller) aware of:	  	 Aware
	  	 Not
Aware

	 (1)   any of the following environmental conditions on or affecting the
Property:
	  		  	
	 (a)   radon gas?
	  	☐	  	☒
	 (b)   asbestos components:
	  		  	
	 (i) friable components?
	  	☐	  	☒
	 (ii)  non-friable components?
	  	☐	  	☒
	 (c)   urea-formaldehyde insulation?
	  	☐	  	☒
	 (d)   endangered species of their habitat?
	  	☐	  	☒
	 (e)   wetlands?
	  	☐	  	☒
	 (f)   underground storage tanks?
	  	☐	  	☒
	 (g)   leaks in any storage tanks (underground or above-ground)?
	  	☐	  	☒
	 (h)   lead-based paint?
	  	☐	  	☒
	 (i) hazardous materials or toxic waste?
	  	☐	  	☒
	 (j) open or closed landfills on or under the surface of the Property?
	  	☐	  	☒
	 (k)   external conditions materially and adversely affecting the Property
such as nearby landfills, smelting plants, burners, storage facilities of toxic or hazardous materials, refiners, utility transmission lines, mills, feed lots, and the like?
	  	☐	  	☒
	 (l) any activity relating to drilling or excavation sites for oil, gas, or other
minerals?
	  	☐	  	☒
	 (2)   previous environmental contamination that was on or that materially and
adversely affected the Property, including but not limited to previous environmental conditions listed in Paragraph 1(a)-(l)?
	  	☐	  	☒
	 (3)   any part of the Property lying in a special flood hazard area (A or V
Zone)?
	  	☐	  	☒
	 (4)   any improper drainage onto or away from the Property?
	  	☐	  	☒
	 (5)   any fault line or near the Property that materially and adversely
affects the Property?
	  	☐	  	☒
	 (6)   outstanding mineral rights, exceptions, or reservations of the Property
held by others?
	  	☐	  	☒
	 (7)   air space restrictions or easements on or affecting the
Property?
	  	☐	  	☒
	 (8)   unrecorded or unplatted agreements for easements, utilities, or access
on or to the Property?
	  	☐	  	☒

  

			
	 (TAR-1408) 10-18-05
 Initialed for
Identification by Tenant: RW, and Landlord: RPA
	  	Page 1 of 4

			
	Commercial Property Condition Statement concerning:	  	 12053 Southwest Freeway, Houston, Texas 77477

 

					
	Are you (Seller) aware of:	  	 Aware
	  	 Not
Aware

	 (9)   special districts in which the Property lies (for example, historical
districts, development districts, extraterritorial jurisdictions, or others)?
	  	☐	  	☒
	 (10)  pending changes in zoning, restrictions, or in physical use of the
Property?
	  	☐	  	☒
	 (11)  your receipt of any notice concerning any likely condemnation, planned streets,
highways, railroads, or developments that would materially and adversely affect the Property (including access or visibility)?
	  	☐	  	☒
	 (12)  lawsuits affecting title to or use or enjoyment of the Property?
	  	☐	  	☒
	 (13)  your receipt of any written notices of violations of zoning, deed restrictions,
or government regulations from EPA, OSHA, TCEQ, or other government agencies?
	  	☐	  	☒
	 (14)  common areas of facilities affiliated with the Property co-owned with others?
	  	☐	  	☒
	 (15)  an owners’ or tenants’ association or maintenance fee or assessment
affecting the Property?
	  	☐	  	☒
	 If aware, name of
association:                                       
                                 
	  		  	
	 Name of
manager:                                       
                                         
          
	  		  	
	 Amount of fee or assessment: $
per                                        
                       
	  		  	
	 Are fees current through the date of this notice? ☐ yes ☐ no ☐ unknown
	  		  	
	 (16)  subsurface structures, hydraulic lifts, or pits on the Property?
	  	☐	  	☒
	 (17)  intermittent or weather springs that affect the Property?
	  	☐	  	☒
	 (18)  any material defect in any irrigation system, fences, or signs on the
Property?
	  	☐	  	☒
	 (19)  conditions on or affecting the Property that materially affect the health or
safety of an ordinary individual?
	  	☐	  	☒

 If you are aware of any of the conditions listed above, explain. (Attach additional information if needed.) 

      
  

      
  

      
  

      
  

      
  

. 
  

PART 2—Complete only if Property is Improved 
  

	A.	 Are you (Seller) aware of any material defects in any of the following on the Property? 

 

							
	(1)   Structural Items:	  	 Aware
	  	 Not
Aware
	  	 Not
Appl.

	 (a)   foundation systems (slabs, columns, trusses, bracing, crawl spaces,
piers, beams, footings, retaining walls, basement, grading)?
	  	 ☐
	  	 ☒
	  	 ☐

	 (b)   exterior walls?
	  	 ☐
	  	 ☒
	  	 ☐

	 (c)   fireplaces and chimneys?
	  	 ☐
	  	 ☐
	  	 ☒

	 (d)   roof, roof structure, or attic (covering, flashing, skylights,
insulation, roof penetrations, ventilation, gutters and downspouts, decking)?
	  	 ☐
	  	 ☒
	  	 ☐

	 (e)   windows, doors, plate glass, or canopies?
	  	 ☐
	  	 ☒
	  	 ☐

  

			
	 (TAR-1408) 10-18-05
 Initialed for
Identification by Tenant: RW, and Landlord: RPA
	  	Page 2 of 4

			
	 Commercial Property Condition Statement concerning:
	  	 12053 Southwest Freeway, Houston, Texas 77477

 

							
	 	  	 Aware
	  	 Not
Aware
	  	 Not
Appl.

	 (2)   Plumbing Systems:
	  		  		  	
	 (a)   water heaters or water softeners?
	  	☐	  	☒	  	☐
	 (b)   supply or drain lines?
	  	☐	  	☒	  	☐
	 (c)   faucets, fixtures, or commodes?
	  	☐	  	☒	  	☐
	 (d)   private sewage systems?
	  	☐	  	☒	  	☐
	 (e)   pools or spas and equipments?
	  	☐	  	☒	  	☐
	 (f)   sprinkler systems?
	  	☐	  	☒	  	☐
	 (g)   water coolers?
	  	☐	  	☒	  	☐
	 (h)   private water wells?
	  	☐	  	☐	  	☒
	 (i) pumps or sump pumps?
	  	☐	  	☒	  	☐
	 (3)   HVAC Systems: any cooling, heating, or ventilation
systems?
	  	☐	  	☒	  	☐
	 (4)   Electrical Systems: service drops, wiring, connections,
conductors, plugs, grounds, power, polarity, switches, light fixtures, or junction boxes?
	  	☐	  	☒	  	☐
	 (5)   Other Systems or Items:
	  		  		  	
	 (a)   security or fire detection systems?
	  	☐	  	☒	  	☐
	 (b)   porches or decks?
	  	☐	  	☒	  	☐
	 (c)   gas lines?
	  	☐	  	☒	  	☐
	 (d)   garage doors and door operators?
	  	☐	  	☒	  	☐
	 (e)   loading doors or docks?
	  	☐	  	☒	  	☐
	 (f)   rails or overhead cranes?
	  	☐	  	☒	  	☐
	 (g)   elevators or escalators?
	  	☐	  	☒	  	☐
	 (h)   parking areas, drives, steps, walkways?
	  	☐	  	☒	  	☐
	 (i) appliances or built-in kitchen
equipment?
	  	☐	  	☒	  	☐

 If you are aware of material defects in any of the items listed under Paragraph A, explain. (Attach additional information
if needed.) 
       

 
       

 
       

 
       

 
     . 

 
  

					
	B. Are you (Seller) aware of:	  	 Aware
	  	 Not
Aware

	 (1)   any of the following environmental conditions on or affecting the
Property:
	  		  	
	 (a)   ground water?
	  	☐	  	☒
	 (b)   water penetration?
	  	☐	  	☒
	 (c)   previous flooding or water drainage?
	  	☐	  	☒
	 (d)   soil erosion or water ponding?
	  	☐	  	☒
	 (2)   previous structural repair to the foundation systems on the
Property?
	  	☐	  	☒
	 (3)   settling or soil movement materially and adversely affecting the
Property?
	  	☐	  	☒
	 (4)   pest infestation from rodents, insects, or other organisms on the
Property?
	  	☐	  	☒

  

			
	 (TAR-1408)10-18-05
 Initialed for Identification
by Tenant: RW, and Landlord: RPA
	  	Page 3 of 4

			
	Commercial Property Condition Statement concerning:	  	 12053 Southwest Freeway, Houston, Texas 77477

 

					
	 	  	 Aware
	  	 Not
Aware

	 (5)   termite or wood rot damage on the Property needing repair?
	  	☐	  	☒
	 (6)   mold to the extent that it materially and adversely affects the
Property?
	  	☐	  	☒
	 (7)   mold remediation certificate issued for the Property in the previous
5 years? (if yes, attach a copy of the mold remediation certificate.)
	  	☐	  	☒
	 (8)   previous termite treatment on the Property?
	  	☐	  	☒
	 (9)   previous fires that materially affected the Property?
	  	☐	  	☒
	 (10)  modifications made to the Property without necessary permits or not in
compliance with building codes in effect at the time?
	  	☐	  	☒
	 (11)  any part, system, or component in or on the Property not in compliance with
the Americans with Disabilities Act or the Texas Architectural Barrier Statute?
	  	☐	  	☒

 If you are aware of any conditions described under Paragraph B, explain. (Attach additional information if needed.)

       
  

      
  

      
  

      
  

    . 
  

 

							
	Landlord:	 	 /s/ Robert P. Archer
	    	Date:	 	 8/17/09

		 	    Robert P. Archer, ETAL	    		 	
				
	Seller:	 	  
	    	Date:	 	  

							
	  
 The undersigned acknowledges receipt of the foregoing
statement.
  

	Buyer or Tenant:	 	 /s/ Rick Williams
	    	Date:	 	 8/17/09

		 	    Texas Direct Auto	    		 	
				
	Buyer or Tenant:	 	 Rick Williams
	    	Date:	 	  

 NOTICE TO BUYER OR TENANT: The broker representing Seller and the broker representing you advise you that this statement
was completed by Seller, as of the date signed. The brokers have relied on this statement as true and correct and have no reason to believe it to be false or inaccurate. YOU ARE ENCOURAGED TO HAVE AN INSPECTOR OF YOUR CHOICE INSPECT THE PROPERTY.

  

			
	 (TAR-1408) 10-18-05
 Initialed for
Identification by Tenant: RW, and Landlord: RPA
	  	Page 4 of 4

	
	 STATE OF
TEXAS                          §

                          
                                §

COUNTY OF FORT BEND            §

 RIGHT OF FIRST REFUSAL AGREEMENT FOR PURCHASE OF REAL PROPERTY 

NOTICE OF CONFIDENTIALITY RIGHTS: IF YOU ARE A NATURAL PERSON, YOU MAY REMOVE OR STRIKE ANY OF THE FOLLOWING INFORMATION FROM THIS
INSTRUMENT BEFORE IT IS FILED FOR RECORD IN THE PUBLIC RECORDS: YOUR SOCIAL SECURITY NUMBER OR YOUR DRIVER’S LICENSE NUMBER. 

THIS RIGHT OF FIRST REFUSAL AGREEMENT (“Agreement”) made and entered into this __ day of August, 2009, by and between Robert Archer,
Todd Archer, Jeff Archer and Paul Archer, whose principal address is 11614 Southwest Fwy, Hou TX 77031, hereinafter referred to as “Seller” (whether one or more) and Left Gate Property Holdings, Inc., whose principal address is
                             , hereinafter referred to as “Purchaser”. 

W I T N E S S E T H: 
 WHEREAS,
Seller is the fee simple owner of certain real property being, lying and situated in the County of Harris, State of Texas, such real property (“Property”) and such property being more particularly described as follows: see attached Exhibit
“A.” 
 Whereas purchaser has leased the property for a term of years from seller and as a part of the lease payments, said
payments a separate consideration for this Right, the receipt sufficiently of which is acknowledged by Seller, Seller grants to Purchaser an exclusive Right of First Refusal to purchase the above described property on the following terms. 

1.    DEFINITIONS. For the purposes of this Agreement, the following terms shall have the following meanings: 

(a)    “Execution Date” shall mean the day upon which the last party to this Agreement shall duly
execute this Agreement; 
 (b)    “Right of First Refusal” shall mean that period of time
commencing on the Execution Date and continuing for the entire term of the lease agreement (August 31, 2019). 

(c)    “Exercise Date” shall mean that date, within the Term, upon which the Purchaser shall send
its written notice to Seller exercising its Right to Purchase, during which the Right may be exercised; 

(d)    “Bona Fide Offer’ shall mean that genuine offer to purchase the property from any third
party which is evidenced by a written contract for the purchase of the property described on the attached Exhibit “A” or any part thereof, executed by all parties and accompanied by consideration. 

  

			
	Initialed for Identification by Tenant: RW, and Landlord: RPA, TA, JA, PA	  	

 (e)    “Closing Date” shall mean the last day of
the closing term or such other date during the closing term selected by Purchaser. 
 2.    GRANT OR RIGHT OF FIRST
REFUSAL. For and in consideration of the Seller as set forth herein leasing of the premise to purchaser, Seller does hereby grant to Purchaser the exclusive Right of First Refusal to purchase the Property upon the terms and conditions as set forth
herein. This Right shall be binding on seller during the term hereof and shall inure exclusively to the benefit of purchaser or its assigns. This Right of First Refusal shall be deemed to be a covenant running with the Title to the property. 

3.    EXERCISE OF RIGHT. Purchaser may exercise its exclusive right to purchase the Property pursuant to the Agreement at
any time during the Term, by giving written notice thereof to Seller conditioned on receipt of a Bona Fide offer. Upon receipt of a Bona Fide Offer as hereinabove defined Seller shall forward by certified mail said offer to the address given in the
lease for notices. Upon receipt of the copy of the proposed contract, Purchaser shall have a 60 day feasibility period within which time Purchaser shall open Title on the property, perform any environmental studies on the property, and perform any
other due diligence on the property as contained in the Bona Fide Offer. In said 60 day time period Purchaser shall notify Seller if it wishes to purchase the property described herein on the same terms and conditions as contained in the Bona fide
Offer. The Bona fide Offer shall as a party of its terms include a reference to this Right of First Refusal and shall subject and condition the closing of the Bona Fide Offer on performance of this contract. In the event that Purchaser does not
notify Seller of its intent to exercise its Right of First Refusal within 60 days of receipt of certified mail of the Bona Fide Offer then Seller’s Right of First Refusal shall terminate. In the event that Purchase notifies Seller that
Purchaser wishes to exercise its Right of First Refusal, then Purchaser shall execute a contract identical in the form to the Bona Fide Offer giving Purchaser the additional time as contained in the Bona Fide Offer to close the sale. By way of
definition, the parties agree that Purchaser can execute a contract in identical form of the Bona Fide Offer and from the date of tender of the contract with consideration will have the same time and enjoy the same rights and privileges as the
Offeror of the Bona Fide Offer from the date of notice of acceptance of the Bona Fide Offer. 

(a)    Purchase Price. The purchase price for the Property shall be the purchase price as described in the
Bona Fide offer. 
 (b)    Closing Date. The closing date shall be that date as provided for in the Bona
Fide Offer with the beginning contract date being the date that Purchaser notifies Seller of its election to purchase under this Right of First Refusal. 

(c)    Closing Costs. Owner shall pay all costs of transferring the property and guaranteeing title to the
property to Purchaser, including but not limited to costs of an updated survey, costs of the title policy, and other normal closing costs associated with transferring title and as listed on the standard Texas Association of Realtors Commercial Sales
form save and except Purchaser shall be responsible for all Ad Valorem taxes Purchaser likewise shall pay all closing costs related to the financing of the property and in obtaining approval of financing of the property as listed on the standard
Texas Association of Realtors Commercial Property Purchase Form. 

  

			
	Initialed for Identification by Tenant: RW, and Landlord: RPA, TA, JA, PA	  	

 (d)    Default by Purchaser; Remedies of Seller. In the event
Purchaser, after exercise of the Right, fails to proceed with the closing of the purchase of the Property pursuant to the terms and provisions as contained herein and/or under the Contract, Seller shall terminate the Right and shall have no further
recourse against Purchaser. Default by purchase shall not terminate or effect either party’s rights under the lease agreement; 

(e)    Default by Seller; Remedies of Purchaser. In the event Seller fails to close the sale of the
Property pursuant to the terms and provisions of this Agreement and/or under the Contract, Purchaser shall be entitled to either sue for specific performance of the real estate purchase and sale contract or terminate such Contract and sue for money
damages. 
 4.    MISCELLANEOUS. 

(a)    Execution by Both Parties. This Agreement shall not become effective and binding until fully
executed by both Purchaser and Seller. 
 (b)    Notice. All notices, demands, and/or consents provided
for in this Agreement shall be in writing and shall be delivered to the parties hereto by hand or by United States Mail with postage pre-paid. Such notices shall be deemed to have been served on the date
mailed, postage pre-paid. All such notices and communications shall be addressed to the Seller at 11614 Southwest Fwy, Hou TX 77031 and to Purchaser at 12053 Southwest Freeway Stafford, TX with a copy to 3100
Edloe Suite 335 Houston, TX 77027 or at such other address as either may specify to the other in writing. 

(c)    Fee Governing Law. This Agreement shall be governed by and construed in accordance with the laws of
the State of Texas. 
 (d)    Successors and Assigns. This Agreement shall apply to, inure to the benefit
of and be binding upon and enforceable against the parties hereto and their respective heirs, successors, and or assigns, to the extent as if specified at length throughout this Agreement. 

(e)    Time. Time is of the essence of this Agreement. 

(f)    Headings. The headings inserted at the beginning of each paragraph and/or subparagraph are for
convenience of reference only and shall not limit or otherwise affect or be used in the construction of any terms or provisions hereof. 

(g)    Cost of this Agreement. Any cost and/or fees incurred by the Purchaser or Seller in executing this
Agreement shall be borne by the respective party incurring such cost and/or fee. 
 (h)    Entire
Agreement. This Agreement contains all of the terms, promises, covenants, conditions and representations made or entered into by or between Seller and Purchaser and supersedes all prior discussions and agreements whether written or oral between
Seller and Purchaser with respect to the Option and all other matters contained herein and constitutes the sole and entire agreement between Seller and Purchaser with respect thereto. This Agreement may not be modified or amended unless such
amendment is set forth in writing and executed by both Seller and Purchaser with the formalities hereof. 

  

			
	Initialed for Identification by Tenant: RW, and Landlord: RPA, TA, JA, PA	  	

 (i)    This agreement or a memorandum regarding same may be
filed in the Deed Records of Fort Bend County, Texas as a memorial thereof. 

  

			
	Initialed for Identification by Tenant: RW, and Landlord: RPA, TA, JA, PA	  	

 IN WITNESS WHEREOF, the parties here to have caused this Agreement to be executed under proper
authority. 
 PURCHASER: 
 Left Gate Property Holdings, Inc.

  

			
	By:	 	   /s/ Rick Williams

			
	Name:	 	 Rick Williams

	Title:	 	 President

 SELLER: 
  

					
	 /s/ Robert Archer
	 		 	 /s/ Jeff Archer

	Robert Archer	 		 	Jeff Archer
			
	 /s/ Todd Archer
	 		 	 /s/ Paul Archer

	Todd Archer	 		 	Paul Archer

  

			
	Initialed for Identification by Tenant: RW, and Landlord: RPA, TA, JA, PA	  	

	
	 STATE OF
TEXAS                           §

                          
                                 §

COUNTY OF FORT BEND             §

 This instrument was acknowledged before me, this 17 day of August     , 2009, by
            Rick Williams             in their capacity as
            President             of Left Gate Properties Inc., who was identified to be the person whose name is
subscribed hereinabove. 
  

					
		 	Notary Public                	  	/s/ Kimberly M. Garcia

  

	
	 STATE OF
TEXAS                          §

                          
                                §

COUNTY OF FORT BEND            §

 This instrument was acknowledged before me, this 17 day of August     , 2009, by Robert
Archer, who was identified to be the person whose name is subscribed hereinabove. 
  

					
		 	Notary Public                	  	/s/ Doris H. Weekly

  

	
	 STATE OF
TEXAS                          §

                          
                                §

COUNTY OF FORT BEND            §

 This instrument was acknowledged before me, this 17 day of August     , 2009, by Todd
Archer, who was identified to be the person whose name is subscribed hereinabove. 
  

					
		 	Notary Public                	  	/s/ Doris H. Weekly

  

			
	Initialed for Identification by Tenant: RW, and Landlord: RPA, TA, JA, PA	  	

	
	 STATE OF
TEXAS                           §

                          
                                 §

COUNTY OF FORT BEND             §

 This instrument was acknowledged before me, this 17 day of August     , 2009, by Jeff
Archer, who was identified to be the person whose name is subscribed hereinabove. 
  

					
		 	Notary Public                	  	/s/ Doris H. Weekly

 This instrument was acknowledged before me, this 17 day of August     , 2009, by Paul
Archer, who was identified to be the person whose name is subscribed hereinabove. 
  

					
		 	Notary Public                	  	/s/ Doris H. Weekly

  

			
	Initialed for Identification by Tenant: RW, and Landlord: RPA, TA, JA, PA	  	

 EXHIBIT A 
  

	 	1.	 Description of Land Easements,
Rights-of-Ways, Licenses 

 From First
American Title Insurance Company, G.F. No. 00R02042 SJ6, Commitment No. 2-03/08/2000 dated January 31, 2000 and more commonly known as 18.383 acres of land in Houston, Texas, County of Harris at
10400 Southwest Freeway (U.S. Highway 59). 
 Being Reserves “A”, “C, and D” of a tract of land out of AutoNation USA
South, a subdivision and development according to the plat thereof recorded under Slide No. 1542/A of the Plat Records of Fort Bend County, Texas. SAVE AND EXCEPT to that certain 50 feet right-of-way to Tx. D.O.T. along the northwesterly line of Reserve A as reflected by the said plat and as conveyed in instrument filed for record on February 7, 1997, under Fort Bend County Clerk’s
File No. 9707075. 
 TRACT 1 
 A METES
and BOUNDS description of a certain 17.5889 acre tract of land situated in the James Alston Survey, Abstract No. 101, Fort Bend County, Texas; being a portion of the Restrictive Reserve “A”, and all of Restrictive Reserve
“D” as recorded in Slide 1542/A of the Fort Bend County Public Records; said 17.5869 acres being more particularly described as follows with all bearings being based on a call of North 41 degrees 28 minutes 59 seconds East, along the
southeast line of U.S. Highway 59 as referenced in a called 37.3851 acre tract by Special Warranty Deed recorded under Clerk’s File No. 9616974 of the Fort Bend County Official Public Records of Real Property. 

BEGINNING at a 3⁄4 inch iron rod (with cap stamped
“Cotton Surveying”) set at the most southerly corner of a called 1.0535 acre tract of land conveyed to the State of Texas by Deed recorded under Clerk’s File No. 9707075, the most easterly corner of a called 0.5843 acre tract
conveyed to State of Texas recorded in Clerk’s File No. 9673456 both of the Fort Bend County Official Public Records of Real Property, said iron rod being in the northeast line of Unrestricted Reserve “A” recorded in Slide No.
1187/B of the Fort Bend County Plat Records, from which a 3⁄4 inch iron rod beam North 78 degrees 24 minutes 18 seconds East, 0.75 feet; 

THENCE, North 41 degrees 28 minutes 59 seconds East 843.11 feet along the southeast line of said U.S. Highway 69, to a 3⁄4 inch iron rod (with cap stamped “Cotton Surveying”) set in the south line of Nation Drive (60 foot right-of-way) as shown on said Slide No. 1542/A; 
 THENCE, along the south line of said Nelson
Drive the following seven (7) bearings and distances: 
 1.    South 48 degrees 32 minutes 10 seconds East, 193.80
feet to a 3⁄4 inch iron rod found (bent) at a point of curvature beginning a curve to the left; 

 2.    Along the arc of said curve to the left having a radius of 330.00 feet,
a central angle of 03 degrees 52 minutes 02 seconds, an arc length of 22.27 feet and a long chord bearing South 50 degrees 27 minutes 49 seconds East, 22.27 feet to a
3⁄4 inch iron road (with cap stamped “Cotton Surveying”) set at a point of tangency; 

3.    South 52 degrees 24 minutes 11 seconds East, 100.00 feet to a 3⁄4 inch iron rod (with cap stamped “Cotton Surveying”) set at a point of curvature beginning a curve to the right; 

4.    Along the arc of said curve to the right having a radius of 1100.00 feet, a central angle of 23 degrees 48 minutes
33 seconds, an arc length of 457.10 feet and a long chord bearing South 40 degrees 20 minutes 54 seconds East, 453.82 feet to a 3⁄4 inch iron road (with cap stamped
“Cotton Surveying”) as a point of tangency; 
 5.    South 28 degrees 35 minutes 39 seconds East, 100.00 feet
to a 3⁄4 inch iron rod (with cap stamped “Cotton Surveying”) set at a point of curvature beginning a curve to the left; 

6.    In a southeasterly direction, along the arc of said curve to the left, at an arc length of 398.09 feet passing 3⁄4 inch iron road (with cap stamped “Cotton Surveying”) set at the most easterly corner of said “Restricted Reserve “A”, being the most
northerly corner of said Restricted Reserve “D”, in and along the arc of said curve having a radius of 600.00 feet, a central angle of 62 degrees 35 minutes 35 seconds, an arc length of 655.47 feet and a long chord bearing South
59 degrees 53 minutes 27 seconds East 623.36 feet to a 3⁄4 inch iron rod (with cap stamped “Cotton Surveying”) set at a point of tangency; 

7.    North 88 degrees 48 minutes 46 seconds East, 132.03 feet to a 3⁄4 inch iron rod (with cap stamped “Cotton Surveying”); 
 THENCE, South 01 degrees 11 minutes
14 seconds East 4.99 feet to a 3⁄4 inch iron rod (with cap stamped “Cotton Surveying”) set; 

THENCE, South 88 degrees 48 minutes 46 seconds West, along the northerly line of a called 6.290 acre tract as recorded in Clerk’s File
No. 9520064 of the Fort Bend County Official Public Records of Real Property, same being a called 6.2903 acres of Reserve “A3” recorded in Replat of Reserve “A” Parc Plaza Business Park recorded in Slide No. 687/B of the
Fort Bend County Plat Records are 408.74 feet passing a 3⁄4 inch iron rod (with cap stamped “Cotton Surveying”) set at the most westerly corner of said
Restricted Reserve “D” and the most southeasterly corner of said Restricted Reserve “A”, at 550.41 feet passing the northwest corner of said 6.290 acres and the most northeasterly corner of a called 10.0853 acre tract recorded in
Clerk’s File No. 9513449 of the Fort Bend County Official Public Records of Real Property, same being the most northeasterly corner of Restricted Reserve “A” of Southport Business Park Section Two as recorded in Volume 27, Page
20 of the Fort Bend County Plat Records, at 919.70 feet passing a 5/8 inch iron rod found, being the northwesterly corner of said 10.0853 acres and the northwest corner of a called 5.97 acre tract as recorded in Clerk’s File No. 9877908 of
the Fort Bend County Official Public Records of Real Property, same being the northwesterly corner of Unrestricted Reserve “B” as recorded on Slide No. 1314/A of the Fort Bend County Plat Records, at 1313.31 feet passing the northwesterly
corner of said 5.97 acres and the northeasterly corner of a called 18.0218 core tract as recorded in Clerk’s File No. 9339353 of the Fort Bend County 

 
Official Public Records of Real Property, same being the northeasterly corner of Unrestricted Reserve “A” as described in Partial Replat Stafford Walmart recorded in Slide No. 1254/B of
the Fort Bend County Plat Records, in all a total distance of 1419.41 to a 5/8 inch iron rod found; 
 THENCE, North 48 degrees 31 minutes
13 seconds West, 527.16 feet along the northeast line of said 18.0218 across to the POINT OF BEGINNING, CONTAINING 17.5869 acres of land in Fort Bend County, Texas. 

TRACT II 
 A METES and BOUNDS
description of a certain 0.1332 acre tract of land situated in the James Alston Survey, Abstract No. 101, Fort Bend County, Texas; being a portion of Restricted Reserve “C” as recorded in Slide 1542/A of the Fort Bend County Pub.
Records; said 0.1332 acres being more particularly described as follows with all bearings being based on a call of North 41 degrees 28 minutes 59 seconds East, along the southwest line of U.S. Highway 59 as referenced in a called 37.3851 acre
tract by Special Warranty Deed recorded under Clerk’s File No. 9616974 of the Fort Bend County Official Public Records of Real Property; 

BEGINNING at a 5/8 inch iron rod found at the most easterly corner of a called 1.0585 acre tract of land conveyed to the State of Texas by
Deed recorded under Clerk’s File No. 9707075, being the most southerly corner of a called 0.4921 acres recorded by Clerk’s File No. 9709583 of the Fort Bend County Official Public Records of Real Property, being in the common
line of said Restricted Reserve “C” and Brighton Lane Shopping Center as recorded in Slide No. 661/A of the Fort Bend County Plot Records and same being a called 5.2812 acres conveyed to Cycle Shack West, Inc. by Special Warranty Deed with
Vendor’s Lien recorded in said Clerk’s File No. 9709583 of the Fort Bend County Official Public Records of Real Property; 

THENCE, South 48 degrees 32 minutes 10 seconds East 527.89 feet along said common end to a 5/8 inch iron rod found in the south corner of said
5.2812 acres; 
 THENCE, South 41 degrees 27 minutes 50 seconds West 13.23 feet to a 3⁄4 inch iron rod (with cap stamped “Cotton Surveying”) set at a point of non-tangency in the north line of Nation Drive (60 foot right-of-way) as recorded in said Slide 1542/A. 
 THENCE, along the north line of said Nation
Drive the following four (4) bearings and distance: 
 1.    In a northwesterly direction along the arc of a curve
to the left having a length of 1160.00 feet, a control angle of 10 degrees 41 minutes 40 seconds, an arc length of 216.52 feet and a long chord bearing North 47 degrees 03 minutes 21 seconds West 216.20 feet to a
3⁄4 inch iron rod (with cap stamped “Cotton Surveying”) set at a point of tangency; 

2.    North 52 degrees 24 minutes 11 seconds West, 100.00 feet to a 3⁄4 inch iron rod (with cap stamped “Cotton Surveying”) set at a point of curvature beginning a curve to the right; 

3.    Along the arc of said curve to the right having a radius of 270.00 feet, a central angle of 03 degrees 52 minutes 02
seconds, an arc length of 18.22 feet and a long chord bearing North 50 degrees 28 minutes 11 seconds West; 18.22 feet to a 3⁄4 inch iron rod found (bent) at a point
of tangency; 

 4.     North 48 degrees 32 minutes 10 seconds West, 193.78 feet to a 3⁄4 inch iron rod (with cap stamped “Cotton Surveying”) set at a point in the southeasterly line of said 1.0535 acres; 

THENCE, North 41 degrees 28 minutes 59 seconds East, 15.00 feet along said southeast line of said 1.0535 acres to the POINT OF BEGINNING,
CONTAINING 0.1332 acres of land in Fort Bend County, Texas. 
 Permitted Encumbrances 

 

	 	2.    	 As identified in Item 1, Item 2 (limited to “shortages in area”), Item 5 (deleting
    however “subsequent taxes and assessments by any taxing authority for prior years due to change in land usage or ownership” and adding “Company insures that standby fees taxes and assessments by any taxing
authority for the year 2000 are not yet due and payable”), Item 8, and Items 9a through 9j and 9l on Schedule B of the Title Commitment No. 2-03/08/2000 from First American Title Insurance Company
dated January 31, 2000.

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