Document:

Exhibit 10.8

 

	STATE OF NORTH CAROLINA	COMMERCIAL LEASE AGREEMENT
	WAKE COUNTY	 

 

This Commercial Lease Agreement
(“Lease”) is made and effective the 12th day of October  2015, by and between Powell Commonwealth
Associates, LLC, A North Carolina limited liability company (hereinafter “Landlord”) and Fathom Realty, LLC,
a North Carolina limited liability company (hereinafter “Tenant”).

 

Landlord is the owner of land
and improvements commonly known and numbered as 211 New Edition Court, Cary, NC 27511 (“Leased Premises”) and legally
described as shown on Exhibit “A” attached hereto (the “Building”). Landlord desires to lease the Leased
Premises to Tenant (as described in Exhibit “A” attached hereto and incorporated herein by reference), and Tenant desires
to lease the Leased Premises from Landlord for the term, the rental rate and upon the covenants, conditions and provisions herein
set forth.

 

NOW, THEREFORE, in consideration
of the rents paid, and agreed to be paid, and the mutual promises herein contained, and other good and valuable consideration,
the adequacy of the consideration being acknowledged by all parties, it is agreed:

 

1. Term.

 

A.
Landlord hereby leases the Leased Premises “as-is” to Tenant, and Tenant hereby leases and accepts the same from
Landlord “as-is”, for an “Initial Term” beginning December 1, 2015 and ending November 30, 2020.
Landlord shall use its best efforts to give Tenant possession as nearly as possible at the beginning of the Lease term. If
Landlord is unable to timely provide the Leased Premises, rent shall abate for the period of delay. Tenant shall make no
other claim against Landlord for any such delay.

 

B. Tenant
may renew the Lease for one extended term of five (5) years. Tenant shall exercise such renewal option, if at all, by giving written
notice to Landlord not less than one hundred fifty (150) days prior to the expiration of the Initial Term. The renewal term shall
be at the rental set forth below and otherwise upon the same covenants, conditions and provisions as provided in this Lease.

 

2. Rental, Limited Option to Purchase, and First
Right of Refusal.

 

A. Tenant
shall pay to Landlord during the Initial Term rental of Two Thousand Six Hundred Twenty Five and No/100 Dollars ($2,625.00) per
month. Each installment payment shall be due in advance on the first day of each calendar month during the lease term, beginning
January 1, 2016, to Landlord at 102 Sylvan Grove, Cary, NC 27518 or at such other place designated by written notice from
Landlord to Tenant. The rental payment amount for any partial calendar months included in the lease term shall be prorated on a
daily basis. Tenant shall also pay to Landlord a “Security Deposit” in the amount of one month’s rent, said amount
equal to Two Thousand Six Hundred Twenty Five and No/100 Dollars ($2,625.00). If any rental payment is not received by midnight
on the fifth (5th) day after it is due, Tenant shall pay a late payment fee of $131.25,
which constitutes 5% of the total monthly rental amount. This late payment fee shall be due immediately without demand therefore
and shall be added to and paid with the late rental payment. Tenant also agrees to pay a $25 processing fee for each check of Tenant
that is returned by the financial institution for any reason.

 

B. The
rental rate shall increase by three (3%) percent annually during the Initial Term. The rental rate for any renewal lease term,
if created as permitted under this Lease, shall also increase three (3%) percent annually above the rental amount in effect at
the expiration of the Initial Term as described herein.

 

C.
If, within one hundred eighty (180) days following the beginning of the Lease Term, Tenant or members of an LLC comprised of
the principals of Tenant, desires to purchase the Property (as defined in Exhibit “A” attached hereto) from
Landlord, Landlord and Tenant agree that the purchase price of the Property shall be Three Hundred Thirty Thousand and No/100
Dollars ($330,000.00). If Tenant does not purchase the Property from Landlord within the one hundred eighty (180) day period
following the beginning of the Lease Term, Tenant shall have the right to purchase the Property (as defined in Exhibit
 “A” attached hereto) from Landlord for a period of one (1) year following the beginning of the Lease Term, but no
more than one hundred eighty five (185) days after the expiration of the initial one hundred eighty (180) days, for Three
Hundred Thirty Nine Thousand Five Hundred and No/100 Dollars ($339,500.00).

 

     

     

    

 

1)
If, at any time after the beginning of the Lease Term, Landlord: (i) desires to offer to sell the Property (as defined in
Exhibit “A” attached hereto); (ii) receives a bona fide offer to purchase the Property from a bona fide third
party or (iii) makes a bona fide offer to sell the Property to a third party, such offer or offers shall be subject to
Tenant's rights under this paragraph (the bona fide third party Offeror, offeree or purchaser individually or collectively
are referred to hereinafter as the “Third
Party Purchaser”). In the event the Third Party Purchaser makes or accepts any of the aforesaid conditional
offer(s) to purchase the Property (in such case hereinafter referred to as the “Third
Party Offer”) and Landlord desires to accept such offer, Landlord, before accepting the Third Party Offer
and entering into a contract with the Third Party Purchaser shall send Tenant one (1) copy of a contract for the sale of the
Property (collectively the “Contract”) embodying
the terms of the Third Party Offer. The Contract shall have been duly executed by Landlord together with a written
notification from Landlord to Tenant setting forth Landlord’s intention to make or accept the Third Party Offer. In the
event the Contract is not accepted by Tenant in accordance with the terms of this paragraph (the date of
Tenant’s receipt of such Contract and notification being hereinafter referred to as the “Notice
Date”), for a period of ten (10) days after the Notice Date (such period hereinafter referred to as the “Election
Period”) Tenant shall have the right to notify Landlord of its intent to purchase the Property on the terms
and conditions set forth in the Contract. In the event Tenant notifies Landlord that it desires to purchase the Property
pursuant to the terms of the Contract, then Tenant shall have an additional fifteen (15) day period from the Notice Date to
execute the Contract and consummate the purchase of the Property in accordance with the terms of such contract (such period
being hereinafter referred to the “Exercise
Period”).

 

2)
If Tenant does not choose to exercise its rights to purchase the Property during the Exercise Period upon the terms and
conditions embodied in the Contract, then Landlord’s offer to Tenant shall be deemed withdrawn, and Landlord shall be
free for a period of ninety (90) days (the “Release
Period”) from the expiration of the Exercise Period to sell or offer to sell the Property free and clear of
the terms and conditions of this Right of First Refusal to any third party purchaser on terms not less favorable to Landlord
than those set forth in the Contract. In the event the Property is not sold to such third party within the Release Period,
then any future offers to sell the Property or any part thereof must first be submitted to Tenant in accordance with the
provisions of Paragraph C above.

 

3)
In the event Landlord shall, during the Release Period (or during a subsequent ninety (90) day period as provided in this
paragraph), propose to revise the terms of an existing agreement to sell the Property to a Third Party Purchaser, Tenant
shall be entitled to receive notification of such revised or new Third Party Offer (the “New
Offer”). In such case, Landlord shall offer to sell the Property to Tenant on the terms contained in the
then current New Offer before taking any other action to accept or enter into a contract with respect to the New Offer. The
terms of the New Offer shall be embodied in a new contract for the sale of the Property, which shall be submitted to Tenant
in accordance with the requirements of Paragraph C above. Tenant shall have the same rights with respect to the New Offer as
it would have with respect to a Third Party Offer as set forth in Paragraph C above. If Tenant shall not accept the New Offer
within period of its receipt of the requisite written notification and one copy of a new contract (the “New
Contract”) as set forth Paragraph C above, then Landlord may offer to sell the Property on terms not less
favorable to Landlord than those contained in the New Offer free and clear of the terms and conditions of this Right of First
Refusal. Provided, however, that in the event the Property (or such part thereof) is not sold to a Third Party Purchaser
within the aforesaid ninety (90) day period, then Landlord must notify Tenant and submit to them any further offers with
respect to the Property in accordance with the provisions of Paragraph C above.

 

3.
Use

 

Notwithstanding
the forgoing, Tenant shall not use the Leased Premises for the purposes of storing, manufacturing or selling any explosives, flammables
or other inherently dangerous substance, chemical, thing or device and shall only use them for a professional office use.

 

4.
Sublease and Assignment.

 

Tenant
shall have the right without Landlord’s consent, to assign this Lease to a corporation with which Tenant may merge or consolidate,
to any subsidiary of Tenant, to any corporation under common control with Tenant, or to a purchaser of substantially all of Tenant’s
assets. Except as set forth above, Tenant shall not sublease all or any part of the Leased Premises, or assign this Lease in whole
or in part without Landlord’s consent, such consent not to be unreasonably withheld or delayed.

 

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5.
Repairs.

 

During the Lease term, Tenant shall make necessary
repairs to the Leased Premises, not exceeding five hundred dollars ($500.00) per annum. Repairs shall include, but not be limited
to, such items as routine repairs of floors, walls, ceilings, light fixtures, plumbing and other parts of the Leased Premises damaged
or worn through normal occupancy, but shall exclude the roof, parking lot and/or common area(s). Tenant is responsible for filling
holes in walls and wood and painting where Tenant has hung pictures, maps, etc. during their tenure. Landlord shall be responsible
for the maintenance and repair of the HVAC units if maintenance and repairs exceeds five hundred dollars ($500.00) and Commonwealth
Exchange Office Condominium Association shall be solely responsible for the maintenance of the exterior of the building, including
the roof, parking lot and/or common area(s).

 

6.
Alterations and Improvements.

 

Tenant, at Tenant’s expense, shall have the
right, following Landlord’s written consent, to remodel, redecorate, and make additions, improvements and replacements of
and to all or any part of the Leased Premises from time to time as Tenant may deem desirable, provided the same are made in a workmanlike
manner and utilizing good quality materials and meet any current National, State and Municipal building codes. Tenant shall have
the right to place and install personal property, trade fixtures, equipment and other temporary installations in and upon the Leased
Premises, and fasten the same to the premises. All personal property, equipment, machinery, trade fixtures and temporary installations,
whether acquired by Tenant at the commencement of the Lease term or placed or installed on the Leased Premises by Tenant thereafter,
shall remain Tenant’s property free and clear of any claim by Landlord. Tenant shall have the right to remove the same at
any time during the term of this Lease provided that any and all damage to the Leased Premises caused by such removal shall be
repaired by Tenant at Tenant’s expense.

 

7.
Property Taxes.

 

Landlord shall pay, prior to delinquency, all general
real estate taxes and installments of special assessments coming due during the Lease term on the Leased Premises, and all personal
property taxes with respect to Landlord’s personal property, if any, on the Leased Premises, Tenant shall be responsible
for paying all personal property taxes with respect to Tenant’s personal property at the Leased Premises. Landlord shall
also be solely responsible for any and all Commonwealth Exchange Office Condominium Association dues and assessments.

 

8.
Insurance.

 

A.       If
the Leased Premises, or any other party of the Building, is damaged by fire or other casualty resulting from any act or negligence
of Tenant or any of Tenant’s agents, employees or invitees, rent shall not be diminished or abated while such damages are
under repair, and Tenant shall be responsible for the costs of repair not covered by insurance.

 

B.       Landlord
shall maintain fire and extended coverage insurance on the Building and the Leased Premises in such amounts as Landlord shall deem
appropriate. Tenant shall be responsible, at its expense, for fire and extended coverage insurance on all of its personal property,
including removable trade fixtures, located in the Leased Premises.

 

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C.       Tenant
shall maintain a policy or policies of comprehensive general liability insurance with respect to the respective activities of Tenant
in the Building with the premiums thereon fully paid on or before due date, issued by and binding upon some insurance company approved
by Landlord, such insurance to afford minimum protection of not less than $1,000,000 combined single limit coverage of bodily injury,
property damage or combination thereof. Landlord shall be listed as an additional insured on Tenant’s policy or policies
of comprehensive general liability insurance, and Tenant shall provide Landlord with current Certificates of Insurance evidencing
Tenant’s compliance with this Paragraph. Tenant shall obtain the agreement of Tenant’s insurers to notify Landlord
that a policy is due to expire at least (10) days prior to such expiration. Landlord shall not be required to maintain insurance
against thefts within the Leased Premises or the Building.

 

9.
Utilities.

 

Tenant shall be responsible for placing all utilities,
including but not limited to, telephone, internet, electricity, natural gas, cable or other utilities Tenant deems advisable to
have service the Lease Premises, in Tenant’s name no later than the commencement date of
December 1, 2015 and Tenant shall be solely responsible for paying all charges for said utilities used by Tenant on the
Leased Premises during the term of
this Lease unless otherwise expressly agreed in writing by Landlord. Tenant acknowledges that the Leased Premises are designed
to provide standard office use electrical facilities and standard office lighting. Tenant shall not use any equipment or devices
that utilize excessive electrical energy or which may, in Landlord’s reasonable opinion, overload the wiring or interfere
with electrical services to other tenants.

 

10.
Entry.

 

Landlord shall have the right to enter upon the Leased
Premises at reasonable hours to inspect the same, provided Landlord shall not thereby unreasonably interfere with Tenant’s
business on the Leased Premises.

 

11.
Parking.

 

During the term of this Lease, Tenant shall have
the non-exclusive use in common with Landlord, other tenants of the Building, their guests and invitees, of the non-reserved common
automobile parking areas, driveways, and footways, subject to rules and regulations for the use thereof as prescribed from time
to time by Landlord or by Commonwealth Exchange Office Condominium Association.

 

12.
Building Rules.

 

Tenant will comply with the rules of the Building
adopted and altered by Landlord from time to time and will cause all of its agents, employees, invitees and visitors to do so;
all changes to such rules will be sent by Landlord to Tenant in writing. The initial rules for the Building are attached hereto
as Exhibit “B” and incorporated herein for all purposes.

 

13.
Damage and Destruction.

 

Subject to Section 8 A. above, if the Leased Premises
or any part thereof or any appurtenance thereto is so damaged by fire, casualty or structural defects that the same cannot be used
for Tenant’s purposes, then Tenant shall have the right within ninety (90) days following damage to elect by notice to Landlord
to terminate this Lease as of the date of such damage. In the event of minor damage to any part of the Leased Premises as the result
of fire, and if such damage does not render the Leased Premises unusable for Tenant’s purposes. Landlord shall promptly repair
such damage at the cost of the Landlord, so long as the damage was through no fault of Tenant. In making the repairs called for
in this paragraph, Landlord shall not be liable for any delays resulting from strikes, governmental restrictions, inability to
obtain necessary materials or labor or other matters which are beyond the reasonable control of Landlord. Tenant shall be relieved
from paying rent and other charges during any portion of the Lease term that the Leased Premises are inoperable or unfit for occupancy,
or use, in whole or in part, for Tenant’s purposes. Rentals and other charges paid in advance for any such periods shall
be credited on the next ensuing payments, if any, but if no further payments are to be made, any such advance payments shall be
refunded to Tenant. The provisions of this paragraph extend not only to the matters aforesaid, but also to any occurrence which
is beyond Tenant’s reasonable control and which renders the Leased Premises, or any appurtenance thereto, inoperable or unfit
for occupancy or use, in whole or in part, for Tenant’s purposes.

 

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14.
Default.

 

Any lease payment, postmarked more than five (5)
days past the due date, shall be considered as default by Tenant under the terms and conditions of this Lease. If said default
shall continue for fifteen (15) days after written notice thereof shall have been given to Tenant by Landlord, or if default shall
be made in any of the other covenants or conditions to be kept, observed and performed by Tenant, and such default shall continue
for thirty (30) days after notice thereof in writing to Tenant by Landlord without correction thereof then having been commenced
and thereafter diligently prosecuted, Landlord may declare the term of this Lease ended and terminated by giving Tenant written
notice of such intention, and if possession of the Leased Premises is not surrendered. Landlord may reenter said premises. Landlord
shall have, in addition to the remedy above provided, any other right or remedy available to Landlord on account of any Tenant
default, either in law or equity. Landlord shall use reasonable efforts to mitigate its damages.

 

15.
Quiet Possession.

 

Landlord covenants and warrants that upon performance
by Tenant of its obligations hereunder, Landlord will use reasonable efforts to keep and maintain Tenant with an exclusive, quiet,
peaceable and undisturbed and uninterrupted possession of the Leased Premises during the term of this Lease.

 

16.
Condemnation.

 

If any legally, constituted authority condemns the
Building or such part thereof which shall make the Leased Premises unsuitable for leasing, this Lease shall cease when the public
authority takes possession, and Landlord and Tenant shall account for rental as of that date. Such termination shall be without
prejudice to the rights of either party to recover compensation from the condemning authority for any loss or damage caused by
the condemnation. Neither party shall have any rights in or to any award made to the other by the condemning authority.

 

17.
Subordination.

 

Tenant accepts this Lease subject and subordinate
to any mortgage, deed of trust or other lien presently existing or hereafter arising upon the Leased Premises, or upon the Building
and to any renewals, refinancing and extensions thereof, but Tenant agrees that any such mortgagee shall have the right at any
time to subordinate such mortgage, deed of trust or other lien to this Lease on such terms and subject to such conditions as such
mortgagee may deem appropriate in its discretion. Landlord is hereby irrevocably vested with full power and authority to subordinate
this Lease to any mortgage, deed of trust or other lien now existing or hereafter placed upon the Leased Premises of the Building,
and Tenant agrees upon demand to execute such further instruments subordinating this Lease or atoning to the holder of any such
liens as Landlord may request. In the event that Tenant should fail to execute any instrument of subordination herein required
to be executed by Tenant promptly as requested, Tenant hereby irrevocably constitutes Landlord as its attorney-in-fact to execute
such instrument in Tenant’s name, place and stead, it being agreed that such power is one coupled with an interest. Tenant
agrees that it will from time to time upon request by Landlord execute and deliver to such persons as Landlord shall request a
statement in recordable form certifying that this Lease is unmodified and in full force and effect (or if there have been modifications,
that the same is in full force and effect as so modified), stating the dates to which rent and other charges payable under this
Lease have been paid, stating that Landlord is not in default hereunder (or if Tenant alleges a default stating the nature of such
alleged default) and further stating such other matters as Landlord shall reasonably require.

 

18.
Security Deposit.

 

The Security Deposit shall be held by Landlord without
liability for interest and as security for the performance by Tenant of Tenant’s covenants and obligations under this Lease,
it being expressly understood that the Security Deposit shall not be considered an advance payment of rental or a measure of Landlord’s
damages in case of default by Tenant. Unless otherwise provided by mandatory non-waivable law or regulation, Landlord may commingle
the Security Deposit with Landlord’s other funds. Landlord may, from time to time, without prejudice to any other remedy,
use the Security Deposit to the extent necessary to make good any arrearages of rent or to satisfy any other covenant or obligation
of Tenant hereunder. Following any such application of the Security Deposit, Tenant shall pay to Landlord on demand the amount
so applied in order to restore the Security Deposit to its original amount. If Tenant is not in default at the termination of this
Lease, the balance of the Security Deposit remaining after any such application shall be returned by Landlord to Tenant. If Landlord
transfers its interest in the Premises during the term of this Lease, Landlord may assign the Security Deposit to the transferee
and thereafter shall have no further liability for the return of such Security Deposit.

 

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19.
Notice.

 

Any notice required or permitted under this Lease
shall be deemed sufficiently given or served if sent by United States certified mail, return receipt requested, addressed as follows:

 

If to Landlord to:

 

Powell Commonwealth Associates, LLC

102 Sylvan Grove, Cary, NC 27518

 

If to Tenant to:

 

Fathom Realty, LLC

211 New Edition Court, Cary, NC 27511

 

Landlord and Tenant shall each have the right from
time to time to change the place notice is to be given under this paragraph by written notice thereof to the other party.

 

20.
Brokers.

 

Tenant represents that Tenant was not shown the Premises
by any real estate broker or agent and that Tenant has not otherwise engaged in, any activity which could form the basis for a
claim for real estate commission, brokerage fee, finder’s fee or other similar charge, in connection with this Lease.

 

21.
Waiver.

 

No waiver of any default of Landlord or Tenant hereunder
shall be implied from any omission to take any action on account of such default if such default persists or is repeated, and no
express waiver shall affect any default other than the default specified in the express waiver and that only for the time and to
the extent therein stated. One or more waivers by Landlord or Tenant shall not be construed as a waiver of a subsequent breach
of the same covenant, term or condition.

 

22.
Memorandum of Lease.

 

The parties hereto contemplate that this Lease should
not and shall not be filed for record, but in lieu thereof, at the request of either party, Landlord and Tenant shall execute a
Memorandum of Lease to be recorded for the purpose of giving record notice of the appropriate provisions of this Lease.

 

23.
Headings and Severability.

 

The headings used in this Lease are for convenience
of the parties only and shall not be considered in interpreting the meaning of any provision of this Lease. If any provision of
this Lease is held to be invalid or unenforceable, all other provisions shall nevertheless continue to remain in full force and
effect.

 

24.
Successors.

 

The provisions of this Lease shall extend to and
be binding upon Landlord and Tenant and their respective legal representatives, successors and assigns.

 

25.
Consent.

 

Landlord shall not unreasonably withhold or delay
its consent with respect to any matter for which Landlord’s consent is required or desirable under this Lease.

 

26.
Compliance with Law.

 

Tenant shall comply with all laws, orders, ordinances
and other public requirements now or hereafter pertaining to Tenant’s use of the Leased Premises. Landlord shall comply with
all laws, orders, ordinances and other public requirements now or hereafter affecting the Leased Premises.

  

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27.
Final Agreement.

 

This Agreement terminates and supersedes all prior understandings
or agreements on the subject matter hereof. This Agreement may be modified only by a further writing that is duly executed by both
parties.

 

28.
Governing Law.

 

This Agreement shall be governed, construed and interpreted
by, through and under the laws of the State of North Carolina.

 

IN WITNESS WHEREOF, the parties have executed this Lease
as of the day and year first above written.

 

	Powell Commonwealth Associates, LLC	 	Fathom Realty, LLC
	 	 	 	 	 
	By:	/s/ Managing Member	 	By:	/s/ Joshua Harley
	 	Managing Member	 	 	 

  

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EXHIBIT
A

 

BEING all of Unit 211, Phase Two, of COMMONWEALTH EXCHANGE CONDOMINIUM
(the ’'Condominium") as designated and described on the Declaration for Commonwealth Exchange Condominium
Pursuant to Chapter 47C of the North Carolina General Statutes. The North Carolina Condominium Act covering said Condominium
filed for registration and recorded in Deed Book 7232, Page 530, and in Unit Ownership File No. 171 of the Wake County Registry,
reference to such Declaration and the Exhibits attached thereto at the time of filing thereof (including the legal description
and the plans of the Condominium) being hereby made for a more specific description of said Units. Together with the undivided
allocated interests in and to the common elements as described and set forth in said Declaration and the Exhibits attached thereto
at the time of filing thereof, reference to said Declaration and the Exhibits attached thereto being hereby made for a more detailed
description of said common element

  

     

     

    

 

EXHIBIT
B

 

Building Rules as referred to in number 12 of attached Lease
Agreement.

 

“Tenant will comply with the rules of the Building adopted
and altered by Landlord from time to time and will cause all of its agents, employees, invitees and visitors to do so; all changes
to such rules will be sent by Landlord to Tenant in writing. The initial rules for the Building are attached hereto as Exhibit
 “B” and incorporated herein for all purposes.”

 

		1.	211 New Edition Court, Cary, NC 27511 is a non-smoking building.

		2.	No pets of any kind are allowed on the premises. This includes pets owned by but not limited to employees, partners, customers,
and family members of tenants.

 

     

     

    

 

 

     

     

    

 

GUARANTY OF LEASE

 

THIS
GUARANTY is given as of this 12th day of October , 2015, by Joshua
Harley (the
 "Guarantor") in favor of Powell Commonwealth Associates, LLC, a North Carolina limited liability company
(the "Landlord").

 

As a material inducement for the Landlord
to enter into that certain lease agreement (as the same may be hereinafter modified or amended, the “Lease”) between
Landlord and Fathom
Realty, LLC, a North Carolina limited liability company, hereinafter with its successors and assigns, "Tenant"),
of even date herewith, and for other good and valuable consideration, the receipt of which is acknowledged, Guarantor agrees as
follows:

 

1,       Guarantor
hereby unconditionally and absolutely guarantees to Landlord the full, prompt and complete payment by Tenant of the rent and all
other sums payable by Tenant under the Lease and the full, prompt and complete performance by Tenant of all and singular the terms,
covenants, conditions and provisions in the Lease required to be performed by Tenant.

 

2.       Guarantor
hereby waives notice of acceptance hereof and any and all other notices which by law or under the terms and provisions of the Lease
are required to be given to Tenant, and also waives any demand for or notice of the payment of rent and other sums payable by Tenant
under the Lease and the performance of all and singular terms, covenants, conditions and provisions in the Lease required to be
performed by Tenant; and Guarantor further expressly hereby waives any legal obligation, duty or necessity for Landlord to proceed
first against Tenant or to exhaust any remedy Landlord may have against Tenant, it being agreed that in the event of default or
failure of performance in any respect by Tenant under the Lease, Landlord may proceed and have right of action solely against Guarantor
or Tenant or jointly against Guarantor and Tenant. Guarantor expressly waives any rights Guarantor may have under N.C.G.S. §
26-7, et seq.

 

3.       That
any modification, amendment, change or extension of any of the terms, covenants or conditions of the Lease which Tenant and Landlord
may hereafter make, or any forbearance, delay, neglect or failure on the part of Landlord in enforcing any of the terms, covenants,
conditions or provisions of the Lease shall not in any way affect, impair or discharge Guarantor’s unconditional liability
to Landlord hereunder, nor shall Guarantor’s liability hereunder be impaired, affected or discharged by any act done or omitted
to be done or by any waiver by either Landlord or Tenant, notwithstanding that Guarantor may not have consented thereto or may
not have notice or knowledge hereof.

 

4.       That
this Guaranty shall continue during the entire term of the Lease and any renewals or extensions thereof and until Tenant has fully
discharged all its obligations thereunder, and that this Guaranty shall not be diminished by any payment of rent or performance
of the terms, covenants or conditions of the Lease by Landlord, by Tenant or by Guarantor, or by any assignment of the Tenant’s
interest in the Lease, or by subletting thereof until each and all of Tenant’s obligations under the Lease have been fully
discharged.

 

5.       Guarantor
expressly agrees that Guarantor’s obligations hereunder shall in no way be terminated, affected or impaired by reason of
the granting by Landlord of any indulgences to Tenant or by reason of the assertion against Tenant of any of the rights or remedies
reserved to Landlord pursuant to the provisions of the Lease or by the relief of the Tenant from any of the Tenant’s obligations
under the Lease by operation of law or otherwise, the undersigned hereby waiving all suretyship defenses. The terms of this Guaranty
shall not be impaired, modified, changed, released or limited in any manner whatsoever by any impairment, modification, change,
release or limitation of the liability of Tenant or its estate in bankruptcy resulting from the operation of any preset or future
provision of the Federal Bankruptcy Act or other statute regarding reorganization or insolvency.

 

     

     

    

 

6.       Guarantor
agrees that Guarantor’s liability hereunder shall be primary, and that in any right of action which shall accrue to the Landlord
under the Lease, the Landlord, in addition to its rights and remedies stated above, may proceed against the Guarantor without having
commenced any action against or having obtained any judgment against the Tenant. This is a guaranty of payment and performance
and not of collection.

 

7.       It
is agreed that the failure of the Landlord to insist in any one or more instances upon strict performance or observance of any
of the terms, provisions or covenants of the Lease or to exercise any right therein contained shall not be construed or deemed
to be a waiver or relinquishment for the future of such term, provision, covenant or right, but the same shall continue and remain
in full force and effect. Receipt by the Landlord of rent or other payments with acknowledgment of the breach of any provision
of the Lease shall not be deemed a waiver of such breach.

 

8.       No
assignment or other transfer of the Lease, or any interest therein, shall operate to extinguish or diminish the liability of the
Guarantor, whether or not the Guarantor shall have received any notice of or consented to such assignment or other transfer of
the Lease or any interest therein.

 

9.       Should
any action at law or in equity be brought to enforce the provisions of this Guaranty or the rights of Landlord under the Lease
or under this Guaranty, the non-prevailing party agrees to pay the costs and expenses off each such action, including the prevailing
party's reasonable attorney’s fees.

 

10.     If
at any time more than one person or entity shall be responsible in any capacity for the payment of rent and other charges and for
the performance of the covenants and conditions of the Lease to be performed by the Tenant, the obligations of the Guarantor and
all such other persons or entities shall be joint and several. This Guaranty or any of the provisions hereof cannot be modified,
waived or terminated unless in a writing signed by the Landlord and the Guarantor. All obligations and liabilities to Guarantor
pursuant to this Guaranty shall be binding upon the heirs, legal representatives, successors and assigns of each Guarantor. This
Guaranty shall be governed by and construed in accordance with the applicable laws of the state of North Carolina (excluding conflict-of-laws
principles). Venue of any and all actions arising in connection with this Guaranty shall reside in Wake County, North Carolina,
or the county in which the real property the subject of the Lease is located.

 

IN WITNESS WHEREOF, the Guarantor has executed
this Guaranty by hand and under seal as of the day and year first above written.

 

	 	/s/ Joshua Harley	(SEAL)
	 	Joshua Harley	 

 

     

     

    

 

GUARANTY OF LEASE

 

THIS
GUARANTY is given as of this 12th day of October 2015, by Marco
Fregenal (the
 "Guarantor") in favor of Powell Commonwealth Associates, LLC, a North Carolina limited liability company (the
 "Landlord").

 

As a material inducement for the Landlord
to enter into that certain lease agreement (as the same may be hereinafter modified or amended, the “Lease”) between
Landlord and Fathom
Realty, LLC, a North Carolina limited liability company, hereinafter with its successors and assigns, "Tenant"),
of even date herewith, and for other good and valuable consideration, the receipt of which is acknowledged,

Guarantor agrees as follows:

 

1.       Guarantor
hereby unconditionally and absolutely guarantees to Landlord the full, prompt and complete payment by Tenant of the rent and all
other sums payable by Tenant under the Lease and the full, prompt and complete performance by Tenant of all and singular the terms,
covenants, conditions and provisions in the Lease required to be performed by Tenant.

 

2.       Guarantor
hereby waives notice of acceptance hereof and any and all other notices which by law or under the terms and provisions of the Lease
are required to be given to Tenant, and also waives any demand for or notice of the payment of rent and other sums payable by Tenant
under the Lease and the performance of all and singular terms, covenants, conditions and provisions in the Lease required to be
performed by Tenant; and Guarantor further expressly hereby waives any legal obligation, duty or necessity for Landlord to proceed
first against Tenant or to exhaust any remedy Landlord may have against Tenant, it being agreed that in the event of default or
failure of performance in any respect by Tenant under the Lease, Landlord may proceed and have right of action solely against Guarantor
or Tenant or jointly against Guarantor and Tenant. Guarantor expressly waives any rights Guarantor may have under N.C.G.S. §
26-7, et seq.

 

3.       That
any modification, amendment, change or extension of any of the terms, covenants or conditions of the Lease which Tenant and Landlord
may hereafter make, or any forbearance, delay, neglect or failure on the part of Landlord in enforcing any of the terms, covenants,
conditions or provisions of the Lease shall not in any way affect, impair or discharge Guarantor’s unconditional liability
to Landlord hereunder, nor shall Guarantor’s liability hereunder be impaired, affected or discharged by any act done or omitted
to be done or by any waiver by either Landlord or Tenant, notwithstanding that Guarantor may not have consented thereto or may
not have notice or knowledge hereof.

 

4.       That
this Guaranty shall continue during the entire term of the Lease and any renewals or extensions thereof and until Tenant has fully
discharged all its obligations thereunder, and that this Guaranty shall not be diminished by any payment of rent or performance
of the terms, covenants or conditions of the Lease by Landlord, by Tenant or by Guarantor, or by any assignment of the Tenant’s
interest in the Lease, or by subletting thereof until each and all of Tenant’s obligations under the Lease have been fully
discharged.

 

     

     

    

 

5.       Guarantor
expressly agrees that Guarantor’s obligations hereunder shall in no way be terminated, affected or impaired by reason of
the granting by Landlord of any indulgences to Tenant or by reason of the assertion against Tenant of any of the rights or remedies
reserved to Landlord pursuant to the provisions of the Lease or by the relief of the Tenant from any of the Tenant’s obligations
under the Lease by operation of law or otherwise, the undersigned hereby waiving all suretyship defenses. The terms of this Guaranty
shall not be impaired, modified, changed, released or limited in any manner whatsoever by any impairment, modification, change,
release or limitation of the liability of Tenant or its estate in bankruptcy resulting from the operation of any preset or future
provision of the Federal Bankruptcy Act or other statue regarding reorganization or insolvency.

 

6.       Guarantor
agrees that Guarantor’s liability hereunder shall be primary, and that in any right of action which shall accrue to the Landlord
under the Lease, the Landlord, in addition to its rights and remedies stated above, may proceed against the Guarantor without having
commenced any action against or having obtained any judgment against the Tenant. This is a guaranty of payment and performance
and not of collection.

 

7.       It
is agreed that the failure of the Landlord to insist in any one or more instances upon strict performance or observance of any
of the terms, provisions or covenants of the Lease or to exercise any right therein contained shall not be construed or deemed
to be a waiver or relinquishment for the future of such term, provision, covenant or right, but the same shall continue and remain
in full force and effect. Receipt by the Landlord of rent or other payments with acknowledgment of the breach of any provision
of the Lease shall not be deemed a waiver of such breach.

 

8.       No
assignment or other transfer of the Lease, or any interest therein, shall operate to extinguish or diminish the liability of the
Guarantor, whether or not the Guarantor shall have received any notice of or consented to such assignment or other transfer of
the Lease or any interest therein.

 

9.       Should
any action at law or in equity be brought to enforce the provisions of this Guaranty or the rights of Landlord under the Lease
or under this Guaranty, the non-prevailing party agrees to pay the costs and expenses off each such action, including the prevailing
party's reasonable attorney's fees.

 

10.       If
at any time more than one person or entity shall be responsible in any capacity for the payment of rent and other charges and for
the performance of the covenants and conditions of the Lease to be performed by the Tenant, the obligations of the Guarantor and
all such other persons or entities shall be joint and several. This Guaranty or any of the provisions hereof cannot be modified,
waived or terminated unless in a writing signed by the Landlord and the Guarantor. All obligations and liabilities to Guarantor
pursuant to this Guaranty shall be binding upon the heirs, legal representatives, successors and assigns of each Guarantor. This
Guaranty shall be governed by and construed in accordance with the applicable laws of the state of North Carolina (excluding conflict-of-laws
principles). Venue of any and all actions arising in connection with this Guaranty shall reside in Wake County, North Carolina,
or the county in which the real property the subject of the Lease is located.

 

IN WITNESS WHEREOF, the Guarantor has executed this Guaranty
by hand and under seal as of the day and year first above written.

 

	 	/s/ Marco Fregenal	(SEAL)
	 	Marco FregenalExhibit 10.9

 

	 	 

                                                                                COMMERCIAL, LEASE AGREEMENT
 (Single Tenant Facility)

 

(Note:
This form is not intended to be used as a Sublease and SHOULD NOT be used in Sublease circumstances)

 

THIS
COMMERCIAL LEASE AGREEMENT, including any and all addenda attached hereto (“Lease”), is by and between 
King Commercial Properties, LLC , a(n)           NC Limited
Liability Company                            (“Landlord”),
(individual or
State of formation and type of entity) whose address is:   10724 Beaver Pond Lane, Raleigh, NC 27614 , and   Fathom
Realty, LLC   a(n)  NC Limited Liability Company   (“Tenant”) (individual
or State of formation
and type of entity) whose address is   211 New Edition Court, Cary, NC 27511  

 

 ̈ If
this box is checked, the obligations of Tenant under this Lease are secured by the guaranty of                                                                           
(name(s) of guarantor(s)) attached hereto and incorporated herein by reference.

(Note: Any guaranty should be prepared by an
attorney at law.)

 

For
and in consideration of the mutual promises set forth herein and other good and valuable consideration, the receipt and sufficiency
of which are hereby acknowledged, the parties hereto agree as follows:

 

PREMISES

1.       Landlord
leases unto Tenant, and Tenant hereby leases and takes upon the terms and conditions which hereinafter appear, the following described
property, including any improvements located thereon (hereinafter called the “Premises”), to wit:

 

	(Address): 	209 New Edition Court, Cary, NC 27511
	 	 

 

x   All    ̈   A
portion of the property in Deed Reference: Book  16691  , Page No.   2537  ,   Wake  County;
consisting of
approximately                     acres.

 

Plat
Reference: Lot(s)                      ,
Block or Section                         ,
as shown on Plat Book or Slide                    at
Page(s)                  ,                  County,
consisting of                      _____acres.

 

x   If
this box is checked, Premises shall mean that property described on Exhibit A attached hereto and incorporated herewith
by reference.

	 	PIN #	ID #	 
	(For information purposes only, the tax parcel number of the Premises is:	0763346454	0228475	)

 

TERM

2.       The
term of this Lease shall commence on   December 1 ,
  2017   (“Lease Commencement Date”), and
shall end at 11:59 p.m. (based upon the time at the locale of the Premises) on   November
30  ,   2020  ,
unless sooner terminated as herein provided. The first Lease Year Anniversary shall be the date twelve (12) calendar months after
the first day of the first full

month immediately following the Lease Commencement Date and successive Lease Year Anniversaries shall be the date twelve (12) calendar
months from the previous Lease Year Anniversary.

 

x If
this box is checked, Tenant shall have the option of renewing this Lease, upon written notice given to Landlord at least       150       
days prior to the end of the then expiring term of this Lease, for   1  additional term(s) of   5   years
each.

 

	 	 	 	STANDARD FORM 592-T
	 	 	 	Revised 7/2017
	 	North Carolina Association of REALTORS®, Inc.	 	© 7/2017
	 	 
	Tenant
Initials                             MF       Landlord
Initials        TK                            	 
	 	 	 	 
	 	Produced with zipForm® by zipLogix 18070 Fifteen
    Mile Road, Fraser, Michigan 48026	Leases 2017

 

    	 	Page 1 of 12	 

     

    

 

 ̈ Option
to Lease- If this box is checked, Tenant, upon the payment of the sum of $__________(which sum is not rental or security
deposit hereunder, but is consideration for this Option to Lease and is non-refundable under any circumstances) shall have a period
of_________________days prior to the Lease Commencement Date (“Option Period”) in which to inspect the Premises
and make inquiry regarding such sign regulations, zoning regulations, utility availability, private restrictions or permits or
other regulatory requirements as Tenant may deem appropriate to satisfy itself as to the use of the Premises for Tenant’s
intended purposes. Tenant shall conduct all such on-site inspections, examinations, inquiries and other review of the Premises
in a good and workmanlike manner, shall repair any damage to the Premises caused by Tenant’s entry and on-site inspections
and shall conduct same in a manner that does not unreasonably interfere with Landlord’s or any tenant's use and enjoyment
of the Premises. In that respect. Tenant shall make reasonable efforts to undertake on-site inspections outside of the hours any
tenant's business is open to the public and shall give prior notice to the tenant at the Premises of any entry onto the Premises
for the purpose of conducting inspections. Upon Landlord’s request, Tenant shall provide to Landlord evidence of general
liability insurance. Tenant shall also have a right to review and inspect all contracts or other agreements affecting or related
directly to the Premises and shall be entitled to review such books and records of Landlord that relate directly to the operation
and maintenance of the Premises, provided, however, that Tenant shall not disclose any information regarding the Premises (or any
tenant therein) unless required by law and the same shall be regarded as confidential, to any person, except to its attorneys,
accountants, lenders and other professional advisors, in which case Tenant shall obtain their agreement to maintain such confidentiality.
Tenant assumes all responsibility for the acts of itself, its agents or representatives in exercising its rights under this Option
to Lease and agrees to indemnify and hold Seller harmless from any damages resulting therefrom. This indemnification obligation
of Tenant shall survive the termination of this Option to Lease or this Lease. Tenant shall, at Tenant’s expense, promptly
repair any damage to the Premises caused by Tenant's entry and on-site inspections. IF TENANT CHOOSES NOT TO LEASE THE PREMISES,
FOR ANY REASON OR NO REASON, AND PROVIDES WRITTEN NOTICE TO LANDLORD THEREOF PRIOR TO THE EXPIRATION OF THE OPTION PERIOD, THEN
THIS LEASE SHALL TERMINATE AND NEITHER PARTY SHALL HAVE ANY FURTHER OBLIGATIONS HEREUNDER AND LANDLORD SHALL RETURN TO TENANT ANY
RENTAL OR SECURITY DEPOSIT PAID TO LANDLORD HEREUNDER. Tenant shall be deemed to have exercised its Option to Lease and to
be bound under the terms of this Lease if (i) Tenant shall occupy the Premises prior to the expiration of the Option Period, whereupon
tire date of occupancy shall be deemed the Lease Commencement Date, or (ii) Tenant shall not provide written notice to Landlord
of its termination of this Lease prior to the expiration of the Option Period.

 

RENTAL

3.       Beginning
on  December
1, 2017  
(“Rent Commencement Date”), Tenant agrees to pay Landlord (or its Agent as directed by Landlord), without notice, demand,
deduction or set off, an annual rental of $  See
Exhibit B  , payable in equal monthly
installments of $  See
Exhibit B 
, in advance on the first day of each calendar month during the term hereof. Upon execution of this Lease, Tenant shall pay
to Landlord the first monthly installment of rent due hereunder. Rental for any period during the term hereof which is less than
one month shall be the pro-rated portion of the monthly installment of rental due, based upon a 30 day month.

 

 ̈If
this box is checked, the annual rental payable hereunder (and accordingly the monthly installments) shall be adjusted every                 
Lease Year Anniversary by                         
% over the amount then payable hereunder. In the event renewal of this Lease is provided for in paragraph 2 hereof and effectively
exercised by Tenant, the rental adjustments provided herein shall apply to the term of the Lease so renewed, or

 

 ̈If
this box is checked, the annual rental payable hereunder (and accordingly the monthly installments) shall be adjusted every                 
Lease Year Anniversary by the greater of: (i)                                                                          
percent (                           
%) over the amount then payable hereunder or, (ii) the percentage increase (but not any decrease) in the numerical index of
the “Consumer Price Index for All Urban Consumers” (1982-84 = 100) published by the Bureau of Labor Statistics of the
United States Department of Labor (“CPI”) for the immediately preceding twelve (12) month period over the amount then
payable hereunder.

 

 ̈If
this box is checked, the annual rental payable hereunder (and accordingly the monthly installments) shall be adjusted every                 
Lease Year Anniversary by $                                     
over the amount then payable hereunder. In the event renewal of this Lease is provided for in paragraph 2 hereof and effectively
exercised by Tenant, the rental adjustments provided herein shall apply to the term of the Lease so renewed.

 

x       If
this box is checked, Tenant shall pay all rental to Landlord’s Agent at the following address:

	King Commercial Properties, LLC
	10724 Beaver Pond Lane, Raleigh, NC 27614

 

	 	 	 	STANDARD FORM 592-T
	 	 	 	Revised 7/2017
	 	 	 	© 7/2017
	Tenant Initials         
                       MF       Landlord
    Initials        TK                 
              	 
	 	 
	 	Produced with zipForm® by zipLogix 18070 Fifteen Mile Road,
    Fraser, Michigan 48026	 	Leases 2017

 

    	 	Page 2 of 12	 

     

    

 

LATE
CHARGES

4.       If
Landlord fails to receive full rental payment within  5  
days after it becomes due, Tenant shall pay Landlord, as additional rental, a late charge equal to  Five
Point Zero  
percent   5.0  
(%) of the overdue amount or $   100.00  
whichever is greater, plus any actual bank fees incurred for dishonored payments. The parties agree that such a late charge represents
a fair and reasonable estimate of the cost Landlord will incur by reason of such late payment.

 

SECURITY
DEPOSIT

5.       Upon
the execution of this Lease, Tenant shall deposit with Landlord the sum of $   1625.00  
as a security deposit which shall be held by Landlord as security for the full and faithful performance by Tenant of each and every
term, covenant and condition of this Lease. The security deposit does not represent payment of and Tenant shall not presume application
of same as payment of the last monthly installment of rental due under this Lease. Landlord shall have no obligation to segregate
or otherwise account for the security deposit except as provided in this paragraph 5. If any of the rental or other charges or
sums payable by Tenant shall be over-due and unpaid or should payments be made by Landlord on behalf of Tenant, or should Tenant
fail to perform any of the terms of this Lease, then Landlord may, at its option, appropriate and apply the security deposit, or
so much thereof as may be necessary, to compensate toward the payment of the rents, charges or other sums due from Tenant, or towards
any loss, damage or expense sustained by Landlord resulting from such default on the part of the Tenant; and in such event Tenant
upon demand shall restore the security deposit to the amount set forth above in this paragraph 5. In the event Tenant furnishes
Landlord with proof that all utility bills and other bills of Tenant related to the Premises have been paid through the date of
Lease termination, and performs all of Tenant’s other obligations under this Lease, the security deposit shall be returned
to Tenant within sixty (60) days after the date of the expiration or sooner termination of the term of this Lease and the surrender
of the Premises by Tenant in compliance with the provisions of this Lease.

 

 ̈If
this box is checked, Agent shall hold the security deposit in trust and shall be entitled to the interest, if any, thereon.

 

UTILITY
BILLS/SERVICE CONTRACTS

6.       Landlord
and Tenant agree that utility bills and service contracts (“Service Obligations”) for the Premises shall be paid by
the party indicated below as to each Service Obligation. In each instance, the party undertaking responsibility for payment of
a Service Obligation covenants that they will pay the applicable bills prior to delinquency. The responsibility to pay for a Service
Obligation shall include all metering, hook-up fees or other miscellaneous charges associated with establishing, installing and
maintaining such utility or contract in said party’s name. Within thirty (30) days of the Lease Commencement Date, Tenant
shall provide Landlord with a copy of any requested Tenant Service Obligation information.

 

	Service Obligation	 	Landlord	 	Tenant	 	Not Applicable
	Sewer/Septic	 	x	 	 ̈	 	 ̈
	Water	 	x	 	 ̈	 	 ̈
	Electric	 	 ̈	 	x	 	 ̈
	Gas	 	 ̈	 	x	 	 ̈
	Telephone	 	 ̈	 	x	 	 ̈
	HVAC (maintenance/service contract)	 	x	 	 ̈	 	 ̈
	Elevator (including phone line)	 	 ̈	 	 ̈	 	x
	Security System	 	 ̈	 	x	 	 ̈
	Fiber Optic	 	 ̈	 	x	 	 ̈
	Janitor/Cleaning	 	 ̈	 	x	 	 ̈
	Trash/Dumpster	 	x	 	 ̈	 	 ̈
	Landscaping/Maintenance	 	x	 	 ̈	 	 ̈
	Sprinkler System (including phone line)	 	 ̈	 	 ̈	 	x
	Pest Control	 	 ̈	 	x	 	 ̈
	Interior Appliances	 	 ̈	 	x	 	 ̈
	Hot Water Heater	 	 ̈	 	x	 	 ̈
	 	 	 ̈	 	 ̈	 	 ̈
	 	 	 ̈	 	 ̈	 	 ̈
	 	 	 ̈	 	 ̈	 	 ̈
	 	 	 ̈	 	 ̈	 	 ̈
	 	 	 ̈	 	 ̈	 	 ̈

 

	 	 	 	STANDARD FORM 592-T
	 	 	 	Revised 7/2017
	 	 	 	© 7/2017
	Tenant Initials         
                       MF       Landlord
    Initials        TK                 
              	 
	 	 
	 	Produced with zipForm® by zipLogix 18070 Fifteen Mile Road,
    Fraser, Michigan 48026	 	Leases 2017

 

    	 	Page 3 of 12	 

     

    

 

Landlord
shall not be liable for injury to Tenant’s business or loss of income therefrom or for damage that may be sustained by the
person, merchandise or personal property of Tenant, its employees, agents, invitees or contractors or any other person in or about
the Premises, caused by or resulting from fire, steam, electricity, gas, water or rain, which may leak or flow from or into any
part of the Premises, or from the breakage, leakage, obstruction or other defects of any utility installations, air conditioning
system or other components of the Premises, except to the extent that such damage or loss is caused by Landlord’s gross negligence
or willful misconduct. Landlord represents and warrants that the heating, ventilation and air conditioning system(s) and utility
installations existing as of the Lease Commencement Date shall be in good order and repair. Subject to the provisions of this paragraph
6, Landlord shall not be liable in damages or otherwise for any discontinuance, failure or interruption of service to the Premises
of utilities or the heating, ventilation and air conditioning system(s) and Tenant shall have no right to terminate this Lease
or withhold rental because of the same.

 

RULES
AND REGULATIONS

7.       The
rules and regulations, if any, attached hereto (“Rules and Regulations”) are made a part of this Lease. Tenant agrees
to comply with any Rules and Regulations of Landlord in connection with the Premises which are in effect at the time of the execution
of the Lease or which may be from time to time promulgated by Landlord in its reasonable discretion, provided such Rules and Regulations
are in writing and are not in conflict with the terms and conditions of the Lease.

 

PERMITTED
USES

8.       The
permitted use of the Premises shall be:   OFFICE  
(“Permitted Use”). The Premises shall be used and wholly occupied by Tenant solely for the purposes of conducting the
Permitted Use, and the Premises shall not be used for any other purposes unless Tenant obtains Landlord’s prior written approval
of any change in use. Landlord makes no representation or warranty regarding the suitability of the Premises for or the legality
(under zoning or other applicable ordinances) of the Permitted Use for the Premises, provided however, that Landlord does represent
that it has no contractual obligations with other parties which will materially interfere with or prohibit the Permitted Use of
Tenant at the Premises. At Tenant’s sole expense, Tenant shall procure, maintain and make available for Landlord’s
inspection from time to time any governmental license(s) or permit(s) required for the proper and lawful conduct of Tenant’s
business in the Premises. Tenant shall not cause or permit any waste to occur in the Premises and shall not overload the floor,
or any mechanical, electrical, plumbing or utility systems serving the Premises. Tenant shall keep the Premises, and every part
thereof, in a clean and wholesome condition, free from any objectionable noises, loud music, objectionable odors or nuisances.

 

TAXES
AND INSURANCE

9.       Landlord
shall pay all taxes (including but not limited to, ad valorem taxes, special assessments and any other governmental charges) on
the Premises and shall procure and pay for such commercial general liability, broad form fire and extended and special perils insurance
with respect to the Premises as Landlord in its reasonable discretion may deem appropriate. Tenant shall reimburse Landlord for
all taxes and insurance as provided herein within fifteen (15) days after receipt of notice from Landlord as to the amount due.
Tenant shall be solely responsible for insuring Tenant’s personal and business property and for paying any taxes or governmental
assessments levied thereon. Tenant shall reimburse Landlord for taxes and insurance during the term of this Lease, and any extension
or renewal thereof. If boxes are checked below,
the manner of reimbursement shall
be as indicated:

 

Taxes

 ̈      The
amount by which all taxes (including but not limited to, ad valorem taxes, special assessments and any other governmental
charges) on the Premises for each tax year exceed all taxes on the Premises for the tax year                        ;
or

 

 ̈      All
taxes (including but not limited to, ad valorem taxes, special assessments and any other governmental charges) on the Premises
for each tax year.

 

If
the final Lease Year of the term fails to coincide with the tax year, then any excess for the tax year during which the term ends
shall be reduced by the pro rata part of such tax year beyond the Lease term. If such taxes for the year in which the Lease terminates
are not ascertainable before payment of the last month’s rental, then the amount of such taxes assessed against the Premises
for the previous tax year shall be used as a basis for determining the pro rata share, if any, to be paid by Tenant for that portion
of the last Lease Year.

 

		 ̈	If this box is checked. Tenant shall reimburse Landlord for taxes by paying to Landlord, beginning
on the Rent Commencement Date and on the first day of each calendar month during the term hereof, an amount equal to one-twelfth
(1/12) of the then current tax payments for the Premises. Upon receipt of bills, statements or other evidence of taxes due, Landlord
shall pay or cause to be paid the taxes. If at any time the reimbursement payments by Tenant hereunder do not equal the amount
of taxes paid by Landlord, Tenant shall upon demand pay to Landlord an amount equal to the deficiency or Landlord shall refund
to Tenant any overpayment (as applicable) as documented by Landlord. Landlord shall have no obligation to segregate or otherwise
account for the tax reimbursements paid hereunder except as provided in this paragraph 9.

 

	 	 	 	STANDARD FORM 592-T
	 	 	 	Revised 7/2017
	 	 	 	© 7/2017
	Tenant Initials         
                       MF       Landlord
    Initials        TK                 
              	 
	 	 
	 	Produced with zipForm® by zipLogix 18070 Fifteen Mile Road,
    Fraser, Michigan 48026	 	Leases 2017

 

    	 	Page 4 of 12	 

     

    

 

Insurance

 ̈      the
excess cost of commercial general liability, broad form fire and extended and special perils insurance with respect to the Premises
over the cost of the first year of the Lease term for each subsequent year during the term of this Lease; or

 

 ̈      the
cost of all commercial general liability, broad form fire and extended and special perils insurance with respect to the

Premises.

 

		 ̈	If this box is checked, Tenant shall reimburse Landlord for insurance by paying to Landlord,
                                                                                                                            beginning on the Rent Commencement Date and on the first day of each calendar month during the term hereof, an amount equal
                                                                                                                            to one-twelfth (1/12) of the then current insurance premiums for the Premises. Upon receipt of bills, statements or other
                                                                                                                            evidence of insurance premiums due, Landlord shall pay or cause to be paid the insurance premiums. If at any time the
                                                                                                                            reimbursement payments by Tenant hereunder do not equal the amount of insurance premiums paid by Landlord, Tenant shall
                                                                                                                            upon demand pay to Landlord an amount equal to the deficiency or Landlord shall refund to Tenant any overpayment
                                                                                                                            (as applicable) as documented by Landlord. Landlord shall have no obligation to segregate or otherwise account for the
                                                                                                                            insurance premium reimbursements paid hereunder except as provided in this paragraph 9.

 

	(Note: The following box should only be checked if there are no boxes checked above in this paragraph 9.) 

x If this box is checked, Tenant shall have no responsibility to reimburse Landlord for taxes or insurance.

 

Provided
however, notwithstanding any provision of the foregoing, that in the event Tenant’s use of the Premises results in an increase
in the rate of insurance on the Premises, Tenant shall pay to Landlord, upon demand and as additional rental, the amount of any
such increase.

 

INSURANCE;
WAIVER; INDEMNITY

10.(a)During
the term of this Lease, Tenant shall maintain commercial general liability insurance coverage (occurrence coverage) with broad
form contractual liability coverage and with coverage limits of not less than  1,000,000.00  
combined single limit, per occurrence, specifically including liquor liability insurance covering consumption of alcoholic beverages
by customers of Tenant should Tenant choose to sell alcoholic beverages. Such policy shall insure Tenant’s performance of
the indemnity provisions of this Lease, but the amount of such insurance shall not limit Tenant’s liability nor relieve Tenant
of any obligation hereunder. All policies of insurance provided for herein shall name as “additional insureds” Landlord,
Landlord’s Agent, all mortgagees of Landlord and such other individuals or entities as Landlord may from time to time designate
upon written notice to Tenant. Tenant shall provide to Landlord, at least thirty (30) days prior to expiration, certificates of
insurance to evidence any renewal or additional insurance procured by Tenant. Tenant shall provide evidence of all insurance required
under this Lease to Landlord prior to the Lease Commencement Date.

 

(b)       Landlord
(for itself and its insurer) waives any rights, including rights of subrogation, and Tenant (for itself and its insurer) waives
any rights, including rights of subrogation, each may have against the other for compensation of any loss or damage occasioned
to Landlord or Tenant arising from any risk generally covered by the “all risks” insurance required to be carried by
Landlord and Tenant. The foregoing waivers of subrogation shall be operative only so long as available in the State of North Carolina.
The foregoing waivers shall be effective whether or not the parties maintain the insurance required to be carried pursuant to this
Lease.

 

(c)       Except
as otherwise provided in paragraph 10(b), Tenant indemnifies Landlord for damages proximately caused by the negligence or wrongful
conduct of Tenant and Tenant’s employees, agents, invitees or contractors. Except as otherwise provided in paragraph 10(b),
Landlord indemnifies Tenant for damages proximately caused by the negligence or wrongful conduct of Landlord and Landlord’s
employees, agents, invitees or contractors. The indemnity provisions in this paragraph 10 cover personal injury and property damage
and shall bind the employees, agents, invitees or contractors of Landlord and Tenant (as the case may be). The indemnity obligations
in this paragraph 10 shall survive the expiration or earlier termination of this Lease.

 

	 	 	 	STANDARD FORM 592-T
	 	 	 	Revised 7/2017
	 	 	 	© 7/2017
	Tenant Initials         
                       MF       Landlord
    Initials        TK                 
              	 
	 	 
	 	Produced with zipForm® by zipLogix 18070 Fifteen Mile Road,
    Fraser, Michigan 48026	 	Leases 2017

 

    	 	Page 5 of 12	 

     

    

 

REPAIRS
BY LANDLORD

11.       Landlord
agrees to keep in good repair the roof, foundation, structural supports and exterior walls of the buildings located on the Premises
(exclusive of all glass and exclusive of all exterior doors) and, except as may be specifically allocated to Tenant in paragraph
12 herein, Landlord agrees to be responsible for capital repairs and replacements on the Premises; provided that Landlord shall
not be responsible for repairs or capital repairs or replacements rendered necessary by the negligence or intentional wrongful
acts of Tenant, its employees, agents, invitees or contractors. Tenant shall promptly report in writing to Landlord any defective
condition known to it which Landlord is required to repair or replace and failure to report such conditions shall make Tenant responsible
to Landlord for any liability incurred by Landlord by reason of such conditions.

(Note:
Should Landlord and Tenant need to further detail the allocation of responsibility hereunder, the Special Stipulations box at the
end of the Lease should be checked and such allocation should be specified on an Exhibit B.)

 

REPAIRS
BY TENANT

12.(a)Tenant
accepts the Premises in their present condition and as suited for the Permitted Use and Tenant’s intended purposes. Tenant,
throughout the initial term of this Lease, and any extension or renewal thereof, at its expense, shall maintain in good order and
repair the Premises, (except those repairs expressly required to be made by Landlord hereunder), specifically including but not
limited to any building and other improvements located thereon, all light bulb and ballast replacements, plumbing fixtures and
systems repairs within the Premises and water heater repairs. Tenant further agrees to care for the grounds around the building,
including the mowing of grass, care of shrubs and general landscaping. Tenant shall use only licensed contractors for repairs where
such license is required. Landlord shall have the right to approve the contractor as to any repairs in excess of $  1500.00  .

 

 ̈       If
this box is checked, Tenant, at its expense, shall maintain the heating, ventilation and air conditioning system(s) in good order
and repair, including but not limited to replacement of parts, compressors, air handling units and heating units. Provided that
Tenant shall have obtained Landlord’s prior written approval of the contractor and the repair or replacement expenses for
heating, ventilation and air conditioning equipment, Tenant shall not be liable for more than $                                                 
(per occurrence) or $                                                
(annually), and Landlord shall reimburse Tenant for the amount in excess of the stated amount upon the written request of
Tenant.

 

x       If
this box is checked, Landlord, at its expense, shall maintain the heating, ventilation and air conditioning system(s) in good order
and repair, including but not limited to replacement of parts, compressors, air handling units and heating units. Provided that,
Tenant shall reimburse Landlord an amount up to $   N/A  
(per occurrence) or $  N/A  
(annually), and Landlord shall be responsible for the amount in excess of the stated amount. Tenant shall reimburse Landlord for
the amount of Tenant’s obligation hereunder upon the written request of Landlord.

 

(b)       Tenant
agrees to return the Premises to Landlord at the expiration or prior termination of this Lease, in as good condition and repair
as on the Lease Commencement Date, natural wear and tear, damage by storm, fire, lightning, earthquake or other casualty alone
excepted. Tenant, Tenant’s employees, agents, invitees or contractors shall take no action which may void any manufacturers
or installers warranty with relation to the Premises. Tenant shall indemnify and hold Landlord harmless from any liability, claim,
demand or cause of action arising on account of Tenant’s breach of the provisions of this paragraph 12.

 

ALTERATIONS

13.       Tenant
shall not make any alterations, additions, or improvements to the Premises without Landlord’s prior written consent, which
consent shall not be unreasonably withheld, conditioned or delayed. Tenant shall promptly remove any alterations, additions, or
improvements constructed in violation of this paragraph 13 upon Landlord’s written request. All approved alterations, additions,
and improvements will be accomplished in a good and workmanlike manner, in conformity with all applicable laws and regulations,
and by a contractor approved by Landlord, free of any liens or encumbrances. Landlord may require Tenant to remove any alterations,
additions or improvements (whether or not made with Landlord’s consent) at the termination of the Lease and to restore the
Premises to its prior condition, all at Tenant’s expense. All alterations, additions and improvements which Landlord has
not required Tenant to remove shall become Landlord’s property and shall be surrendered to Landlord upon the termination
of this Lease, except that Tenant may remove any of Tenant’s machinery, equipment or trade fixtures which can be removed
without material damage to the Premises. Tenant shall repair, at Tenant’s expense, any damage to the Premises caused by the
removal of any such machinery, equipment or trade fixtures.

 

DESTRUCTION
OF OR DAMAGE TO PREMISES

14.(a)If
the Premises are totally destroyed by storm, fire, lightning, earthquake or other casualty, Landlord shall have the right to terminate
this Lease on written notice to Tenant within thirty (30) days after such destruction and this Lease shall terminate as of the
date of such destruction and rental shall be accounted for as between Landlord and Tenant as of that date. 

 

	 	 	 	STANDARD FORM 592-T
	 	 	 	Revised 7/2017
	 	 	 	© 7/2017
	Tenant Initials         
                       MF       Landlord
    Initials        TK                 
              	 
	 	 
	 	Produced with zipForm® by zipLogix 18070 Fifteen Mile Road,
    Fraser, Michigan 48026	 	Leases 2017

 

    	 	Page 6 of 12	 

     

    

 

(b)       If
the Premises are damaged but not wholly destroyed by any such casualties or if the Landlord does not elect to terminate the Lease
under paragraph 14(a) above, Landlord shall commence (or shall cause to be commenced) reconstruction of the Premises within one
hundred twenty (120) days after such occurrence and prosecute the same diligently to completion, not to exceed two hundred seventy
(270) days from the date upon which Landlord receives applicable permits and insurance proceeds. In the event Landlord shall fail
to substantially complete reconstruction of the Premises within said two hundred seventy (270) day period, Tenant’s sole
remedy shall be to terminate this Lease.

 

(c)       In
the event of any casualty at the Premises during the last one (1) year of the Lease Term, Landlord and Tenant each shall have the
option to terminate this Lease on written notice to the other of exercise thereof within sixty (60) days after such occurrence.

 

(d)       In
the event of reconstruction of the Premises, Tenant shall continue the operation of its business in the Premises during any such
period to the extent reasonably practicable from the standpoint of prudent business management, and the obligation of Tenant to
pay annual rental and any other sums due under this Lease shall remain in frill force and effect during the period of reconstruction.
The annual rental and other sums due under this Lease shall be abated proportionately with the degree to which Tenant’s use
of the Premises is impaired, commencing from the date of destruction and continuing during the period of such reconstruction. Tenant
shall not be entitled to any compensation or damages from Landlord for loss of use of the whole or any part of the Premises, Tenant’s
personal property, or any inconvenience or annoyance occasioned by such damage, reconstruction or replacement.

 

(e)       In
the event of the termination of this Lease under any of the provisions of this paragraph 14, both Landlord and Tenant shall be
released from any liability or obligation under this Lease arising after the date of termination, except as otherwise provided
for in this Lease.

 

GOVERNMENTAL
ORDERS

15.       Tenant,
at its own expense, agrees to comply with: (a) any law, statute, ordinance, regulation, rule, requirement, order, court decision
or procedural requirement of any governmental or quasi-governmental authority having jurisdiction over the Premises, (b) the rules
and regulations of any applicable governmental insurance authority or any similar body, relative to the Premises and Tenant’s
activities therein; (c) provisions of or rules enacted pursuant to any private use restrictions, as the same may be amended from
time to time and (d) the Americans with Disabilities Act (42 U.S.C.S. §12101, et seq.) and the regulations and accessibility
guidelines enacted pursuant thereto, as the same may be amended from time to time. Landlord and Tenant agree, however, that if
in order to comply with such requirements the cost to Tenant shall exceed a sum equal to one (1) year’s rent, then Tenant
may terminate this Lease by giving written notice of termination to Landlord in accordance with the terms of this Lease, which
termination shall become effective sixty (60) days after receipt of such notice and which notice shall eliminate the necessity
of compliance with such requirements, unless, within thirty (30) days of receiving such notice, Landlord agrees in writing to be
responsible for such compliance, at its own expense, and commences compliance activity, in which case Tenant’s notice given
hereunder shall not terminate this Lease.

 

CONDEMNATION

16.(a)If
the entire Premises shall he appropriated or taken under the power of eminent domain by any governmental or quasi-governmental
authority or under threat of and in lieu of condemnation (hereinafter, “taken” or “taking”), this Lease
shall terminate as of the date of such taking, and Landlord and Tenant shall have no further liability or obligation arising under
this Lease after such date, except as otherwise provided for in this Lease.

 

(b)       If
more than twenty-five percent (25%) of the floor area of any building of the Premises is taken, or if by reason of any taking,
regardless of the amount so taken, the remainder of the Premises is not one undivided space or is rendered unusable for the Permitted
Use, either Landlord or Tenant shall have the right to terminate this Lease as of the date Tenant is required to vacate the portion
of the Premises taken, upon giving notice of such election within thirty (30) days after receipt by Tenant from Landlord of written
notice that said Premises have been or will be so taken. In the event of such termination, both Landlord and Tenant shall be released
from any liability or obligation under this Lease arising after the date of termination, except as otherwise provided for in this
Lease.

 

(c)       Landlord
and Tenant, immediately after learning of any taking, shall give notice thereof to each other.

 

(d)       If
this Lease is not terminated on account of a taking as provided herein above, then Tenant shall continue to occupy that portion
of the Premises not taken and the parties shall proceed as follows: (i) at Landlord’s cost and expense and as soon as reasonably
possible, Landlord shall restore (or shall cause to be restored) the Premises remaining to a complete unit of like quality and
character as existed prior to such appropriation or taking, and (ii) the annual rent provided for in paragraph 3 and other sums
due under the Lease shall be reduced on an equitable basis, taking into account the relative values of the portion taken as compared
to the portion remaining. Tenant waives any statutory rights of termination that may arise because of any partial taking of the
Premises.

 

	 	 	 	STANDARD FORM 592-T
	 	 	 	Revised 7/2017
	 	 	 	© 7/2017
	Tenant Initials         
                       MF       Landlord
    Initials        TK                 
              	 
	 	 
	 	Produced with zipForm® by zipLogix 18070 Fifteen Mile Road,
    Fraser, Michigan 48026	 	Leases 2017

 

    	 	Page 7 of 12	 

     

    

 

(e)       Landlord
shall be entitled to the entire condemnation award for any taking of the Premises or any part thereof. Tenant’s right to
receive any amounts separately awarded to Tenant directly from the condemning authority for the taking of its merchandise, personal
property, relocation expenses and/or interests in other than the real property taken shall not be affected in any manner by the
provisions of this paragraph 16, provided Tenant’s award does not reduce or affect Landlord’s award and provided further,
Tenant shall have no claim for the loss of its leasehold estate.

 

ASSIGNMENT
AND SUBLETTING

17.       Tenant
shall not assign this Lease or any interest hereunder or sublet the Premises or any part thereof, or permit the use of the Premises
by any party other than the Tenant, without Landlord’s prior written consent, which consent shall not be unreasonably withheld,
conditioned or delayed. Consent to any assignment or sublease shall not impair this provision and all later assignments or subleases
shall be made likewise only on the prior written consent of Landlord. No sublease or assignment by Tenant shall relieve Tenant
of any liability hereunder.

 

EVENTS
OF DEFAULT

18.       The
happening of any one or more of the following events (hereinafter any one of which may be referred to as an “Event of Default”)
during the term of this Lease, or any renewal or extension thereof, shall constitute a breach of this Lease on the part of the
Tenant: (a) Tenant fails to pay when due the rental or any other monetary obligation as provided for herein; (b) Tenant abandons
or vacates the Premises; (c) Tenant fails to comply with or abide by and perform any non-monetary obligation imposed upon Tenant
under this Lease within thirty (30) days after written notice of such breach; (d) Tenant is adjudicated bankrupt; (e) A permanent
receiver is appointed for Tenant’s property and such receiver is not removed within sixty (60) days after written notice
from Landlord to Tenant to obtain such removal; (f) Tenant, either voluntarily or involuntarily, takes advantage of any debt or
relief proceedings under any present or future law, whereby the rent or any part thereof is, or is proposed to be, reduced or payment
thereof deferred and such proceeding is not dismissed within sixty (60) days of the filing thereof; (g) Tenant makes an assignment
for benefit of creditors; or (h) Tenant’s effects are levied upon or attached under process against Tenant, which is not
satisfied or dissolved within thirty (30) days after written notice from Landlord to Tenant to obtain satisfaction thereof.

 

REMEDIES
UPON DEFAULT

19.       Upon
the occurrence of Event of Default, Landlord may pursue any one or more of the following remedies separately or concurrently, without
prejudice to any other remedy herein provided or provided by law: (a) Landlord may terminate this Lease by giving written notice
to Tenant and upon such termination shall be entitled to recover from Tenant damages as may be permitted under applicable law;
or (b) Landlord may terminate this Lease by giving written notice to Tenant and, upon such termination, shall be entitled to recover
from the Tenant damages in an amount equal to all rental which is due and all rental which would otherwise have become due throughout
the remaining term of this Lease, or any renewal or extension thereof (as if this Lease had not been terminated); or (c) Landlord,
as Tenant’s agent, without terminating this Lease, may enter upon and rent the Premises, in whole or in part, at the best
price obtainable by reasonable effort, without advertisement and by private negotiations and for any term Landlord deems proper,
with Tenant being liable to Landlord for the deficiency, if any, between Tenant’s rent hereunder and the price obtained by
Landlord on reletting, provided however, that Landlord shall not be considered to be under any duty by reason of this provision
to take any action to mitigate damages by reason of Tenant’s default and expressly shall have no duty to mitigate Tenant’s
damages. No termination of this Lease prior to the normal ending thereof, by lapse of time or otherwise, shall affect Landlord’s
right to collect rent for the period prior to termination thereof. Tenant acknowledges and understands that Landlord’s acceptance
of partial rental will not waive Tenant’s breach of this Lease or limit Landlord’s rights against Tenant hereunder
or Landlord’s right to evict Tenant through a summary ejectment proceeding, whether filed before or after Landlord's
acceptance of any such partial rental.

 

EXTERIOR
SIGNS

20.       Tenant
shall place no signs upon the outside walls, doors or roof of the Premises, except with the express written consent of the Landlord
in Landlord’s sole discretion. Any consent given by Landlord shall expressly not be a representation of or warranty of any
legal entitlement to signage at the Premises. Any and all signs placed on the Premises by Tenant shall be maintained in compliance
with governmental rules and regulations governing such signs and Tenant shall be responsible to Landlord for any damage caused
by installation, use or maintenance of said signs, and all damage incident to removal thereof.

 

LANDLORD’S
ENTRY OF PREMISES

21.       Landlord
may advertise the Premises “For Rent” or “For Sale”   90  
days before the termination of this Lease. Landlord may enter the Premises upon prior notice at reasonable hours to exhibit same
to prospective purchasers or tenants, to make repairs required of Landlord under the terms hereof, for reasonable business purposes
and otherwise as may be agreed by Landlord and Tenant. Landlord may enter the Premises at any time without prior notice, in the
event of an emergency or to make emergency repairs to the Premises. Upon request of Landlord, Tenant shall provide Landlord with
a functioning key to the Premises and shall replace such key if the locks to the Premises are changed.

 

	 	 	 	STANDARD FORM 592-T
	 	 	 	Revised 7/2017
	 	 	 	© 7/2017
	Tenant Initials         
                       MF       Landlord
    Initials        TK                 
              	 
	 	 
	 	Produced with zipForm® by zipLogix 18070 Fifteen Mile Road,
    Fraser, Michigan 48026	 	Leases 2017

 

    	 	Page 8 of 12	 

     

    

 

QUIET
ENJOYMENT

22.       So
long as Tenant observes and performs the covenants and agreements contained herein, it shall at all times during the Lease term
peacefully and quietly have and enjoy possession of the Premises, subject to the terms hereof.

 

HOLDING
OVER

23.       If
Tenant remains in possession of the Premises after expiration of the term hereof, Tenant shall be a tenant at sufferance and there
shall be no renewal of this Lease by operation of law. In such event, commencing on the date following the date of expiration of
the term, the monthly rental payable under Paragraph 3 above shall for each month, or fraction thereof during which Tenant so remains
in possession of the Premises, be twice the monthly rental otherwise payable under Paragraph 3 above.

 

ENVIRONMENTAL
LAWS

24.(a)Tenant
covenants that with respect to any Hazardous Materials (as defined below) it will comply with any and all federal, state or local
laws, ordinances, rules, decrees, orders, regulations or court decisions relating to hazardous substances, hazardous materials,
hazardous waste, toxic substances, environmental conditions on, under or about the Premises or soil and ground water conditions,
including, but not limited to, the Comprehensive Environmental Response, Compensation and Liability Act of 1980, the Resource Conservation
and Recovery Act, the Hazardous Materials Transportation Act, any other legal requirement concerning hazardous or toxic substances,
and any amendments to the foregoing (collectively, all such matters being “Hazardous Materials Requirements”). Tenant
shall remove from the Premises, all Hazardous Materials that were placed on the Premises by Tenant or Tenant’s employees,
agents, invitees or contractors, either after their use by Tenant or upon the expiration or earlier termination of this Lease,
in compliance with all Hazardous Materials Requirements.

 

(b)       Tenant
shall be responsible for obtaining all necessary permits in connection with its use, storage and disposal of Hazardous Materials,
and shall develop and maintain, and where necessary file with the appropriate authorities, all reports, receipts, manifest, filings,
lists and invoices covering those Hazardous Materials and Tenant shall provide Landlord with copies of all such items upon request.
Tenant shall provide within five (5) days after receipt thereof, copies of all notices, orders, claims or other correspondence
from any federal, state or local government or agency alleging any violation of any Hazardous Materials Requirements by Tenant,
or related in any manner to Hazardous Materials. In addition, Tenant shall provide Landlord with copies of all responses to such
correspondence at the time of the response.

 

(c)       Tenant
hereby indemnifies and holds harmless Landlord, its successors and assigns from and against any and all losses, liabilities, damages,
injuries, penalties, fines, costs, expenses and claims of any and every kind whatsoever (including attorney’s fees and costs)
paid, incurred or suffered by, or asserted against Landlord as a result of any claim, demand or judicial or administrative action
by any person or entity (including governmental or private entities) for, with respect to, or as a direct or indirect result of,
the presence on or under or the escape, seepage, leakage, spillage, discharge, emission or release from the Premises of any Hazardous
Materials caused by Tenant or Tenant’s employees, agents, invitees or contractors. This indemnity shall also apply to any
release of Hazardous Materials caused by a fire or other casualty to the Premises if such Hazardous Materials were stored on the
Premises by Tenant, its agents, employees, invitees or successors in interest.

 

(d)       For
purposes of this Lease, “Hazardous Materials” means any chemical, compound, material, substance or other matter that:
(i) is defined as a hazardous substance, hazardous material or waste, or toxic substance pursuant to any Hazardous Materials Requirements,
(ii) is regulated, controlled or governed by any Hazardous Materials Requirements, (iii) is petroleum or a petroleum product, or
(iv) is asbestos, formaldehyde, a radioactive material, drug, bacteria, virus, or other injurious or potentially injurious material
(by itself or in combination with other materials).

 

(e)       The
warranties and indemnities contained in this paragraph 24 shall survive the termination of this Lease.

 

SUBORDINATION;
ATTORNMENT; ESTOPPEL

25.(a)This
Lease and all of Tenant’s rights hereunder are and shall be subject and subordinate to all currently existing and
future mortgages affecting the Premises. Within ten (10) days after the receipt of a written request from Landlord or any
Landlord mortgagee, Tenant shall confirm such subordination by executing and delivering Landlord and Landlord’s
mortgagee a recordable subordination agreement and such other documents as may be reasonably requested, in form and content
satisfactory to Landlord and Landlord’s mortgagee. Provided, however, as a condition to Tenant’s obligation to
execute and deliver any such subordination agreement, the applicable mortgagee must agree that mortgagee shall not
unilaterally, materially alter this Lease and this Lease shall not be divested by foreclosure or other default proceedings
thereunder so long as Tenant shall not be in default under the terms of this Lease beyond any applicable cure period set
forth herein. Tenant acknowledges that any Landlord mortgagee has the right to subordinate at any time its interest in
this Lease and the leasehold estate to that of Tenant, without Tenant’s consent.

 

	 	 	 	STANDARD FORM 592-T
	 	 	 	Revised 7/2017
	 	 	 	© 7/2017
	Tenant Initials         
                       MF       Landlord
    Initials        TK                 
              	 
	 	 
	 	Produced with zipForm® by zipLogix 18070 Fifteen Mile Road,
    Fraser, Michigan 48026	 	Leases 2017

 

    	 	Page 9 of 12	 

     

    

 

(b)       If
Landlord sells, transfers, or conveys its interest in the Premises or this Lease, or if the same is foreclosed judicially or nonjudicially,
or otherwise acquired, by a Landlord mortgagee, upon the request of Landlord or Landlord’s successor, Tenant shall attorn
to said successor, provided said successor accepts the Premises subject to this Lease. Tenant shall, upon the request of Landlord
or Landlord’s successor, execute an attornment agreement confirming the same, in form and substance acceptable to Landlord
or Landlord’s successor and Landlord shall thereupon be released and discharged from all its covenants and obligations under
this Lease, except those obligations that have accrued prior to such sale, transfer or conveyance; and Tenant agrees to look solely
to the successor in interest of Landlord for the performance of those covenants accruing after such sale, transfer or conveyance.
Such agreement shall provide, among other things, that said successor shall not be bound by (a) any prepayment of more than one
(1) month’s rental (except the Security Deposit) or (b) any material amendment of this Lease made after the later of the
Lease Commencement Date or the date that such successor’s lien or interest first arose, unless said successor shall have
consented to such amendment.

 

(c)       Within
ten (10) days after request from Landlord, Tenant shall execute and deliver to Landlord an estoppel certificate (to be prepared
by Landlord and delivered to Tenant) with appropriate facts then in existence concerning the status of this Lease and Tenant’s
occupancy, and with any exceptions thereto noted in writing by Tenant. Tenant’s failure to execute and deliver the Estoppel
Certificate within said ten (10) day period shall be deemed to make conclusive and binding upon Tenant in favor of Landlord and
any potential mortgagee or transferee the statements contained in such estoppel certificate without exception.

 

ABANDONMENT

26.       Tenant
shall not abandon the Premises at any time during the Lease term. If Tenant shall abandon the Premises or be dispossessed by process
of law, any personal property belonging to Tenant and left on the Premises, at the option of Landlord, shall be deemed abandoned,
and available to Landlord to use or sell to offset any rent due or any expenses incurred by removing same and restoring the Premises.

 

NOTICES

27.       All
notices required or permitted under this Lease shall be in writing and shall be personally delivered or sent by U.S. certified
mail, return receipt requested, postage prepaid. Notices to Tenant shall be delivered or sent to the address shown at the beginning
of this Lease, except that upon Tenant taking possession of the Premises, then the Premises shall be Tenant’s address for
such purposes. Notices to Landlord shall be delivered or sent to the address shown at the beginning of this Lease and notices to
Agent, if any, shall be delivered or sent to the address set forth in Paragraph 3 hereof. All notices shall be effective upon delivery.
Any party may change its notice address upon written notice to the other parties, given as provided herein.

 

BROKERS

28.       Except
as expressly provided herein, Tenant and Landlord agree to indemnify and hold each other harmless from any and all claims of brokers,
consultants or real estate agents by, through or under the indemnifying party for fees or commissions arising out of the lease
of the Property to Tenant. Tenant and Landlord represent and warrant to each other that: (i) except as to the brokers designated
below (“Brokers”), they have not employed nor engaged any brokers, consultants or real estate agents to be involved
in this transaction and (ii) that the compensation of the Brokers is established by and shall be governed by separate agreements
entered into as amongst the Brokers, the Tenant and/or the Landlord.

 

                                                                                N/A                                                                       (“Listing
Agency”),

                                                  _______________                      (“Listing
Agent” — License #                         )

Acting
as:  ̈ Landlord’s Agent;          ̈ Dual
Agent

                                                                                N/A                                                                       (“Leasing
Agency”),

                                                  _______________                      (“Leasing
Agent”- License #                           )

Acting
as:  ̈ Tenant’s Agent;            ̈ Landlord’s
(Sub)Agent;        ̈ Dual Agent

 

GENERAL
TERMS

29.(a)“Landlord”
as used in this Lease shall include the undersigned, its heirs, representatives, assigns and successors in title to the Premises.
 “Agent” as used in this Lease shall mean the party designated as same in Paragraph 3, its heirs, representatives, assigns
and successors. “Tenant” shall include the undersigned and its heirs, representatives, assigns and successors, and
if this Lease shall be validly assigned or sublet, shall include also Tenant’s assignees or sublessees as to the Premises
covered by such assignment or sublease. “Landlord”, “Tenant”, and “Agent” include male and
female, singular and plural, corporation, partnership or individual, as may fit the particular parties.

 

	 	 	 	STANDARD FORM 592-T
	 	 	 	Revised 7/2017
	 	 	 	© 7/2017
	Tenant Initials         
                       MF       Landlord
    Initials        TK                 
              	 
	 	 
	 	Produced with zipForm® by zipLogix 18070 Fifteen Mile Road,
    Fraser, Michigan 48026	 	Leases 2017

 

    	 	Page 10 of 12	 

     

    

 

(b)       No
failure of Landlord to exercise any power given Landlord hereunder or to insist upon strict compliance by Tenant of its obligations
hereunder and no custom or practice of the parties at variance with the terms hereof shall constitute a waiver of Landlord’s
right to demand exact compliance with the terms hereof. All rights, powers and privileges conferred hereunder upon parties hereto
shall be cumulative and not restrictive of those given by law.

 

(c)       Time
is of the essence in this Lease.

 

(d)       This
Lease may be executed in one or more counterparts, which taken together, shall constitute one and the same original document. Copies
of original signature pages of this Lease may be exchanged via facsimile or e-mail, and any such copies shall constitute originals.
This Lease constitutes the sole and entire agreement among the parties hereto and no modification of this Lease shall be binding
unless in writing and signed by all parties hereto. The invalidity of one or more provisions of this Lease shall not affect the
validity of any other provisions hereof and this Lease shall be construed and enforced as if such invalid provisions were not included.

 

(e)       Each
signatory to this Lease represents and warrants that he or she has full authority to sign this Lease and such instruments as may
be necessary to effectuate any transaction contemplated by this Lease on behalf of the party for whom he or she signs and that
his or her signature binds such party. The parties acknowledge and agree that: (i) the initials lines at the bottom of each page
of this Lease are merely evidence of their having reviewed thee terms of each page, and (ii) the complete execution of such initials
lines shall not be a condition of the effectiveness of this Lease.

 

(f)       Upon
request by either Landlord or Tenant, the parties hereto shall execute a short form lease (memorandum of lease) in recordable form,
setting forth such provisions hereof (other than the amount of annual rental and other sums due) as either party may wish to incorporate.
The cost of recording such memorandum of lease shall be borne by the party requesting execution of same.

 

(g)       If
legal proceedings are instituted to enforce any provision of this Lease, the prevailing party in the proceeding shall be entitled
to recover from the non-prevailing party reasonable attorneys fees and court costs incurred in connection with the proceeding.

 

SPECIAL
STIPULATIONS

x
If this box is checked, additional terms of
this Lease are set forth on Exhibit
B attached hereto and incorporated herein by reference. (Note: Under North Carolina law,
real estate agents are not permitted to draft lease provisions.)

 

	 	 	 	STANDARD FORM 592-T
	 	 	 	Revised 7/2017
	 	 	 	© 7/2017
	Tenant Initials         
                       MF       Landlord
    Initials        TK                 
              	 
	 	 
	 	Produced with zipForm® by zipLogix 18070 Fifteen Mile Road,
    Fraser, Michigan 48026	 	Leases 2017

 

    	 	Page 11 of 12	 

     

    

 

THIS
DOCUMENT IS A LEGAL DOCUMENT. EXECUTION OF THIS DOCUMENT HAS LEGAL CONSEQUENCES THAT COULD BE ENFORCEABLE IN A COURT OF LAW. THE
NORTH CAROLINA ASSOCIATION OF REALTORS® MAKES NO REPRESENTATIONS CONCERNING THE LEGAL SUFFICIENCY, LEGAL EFFECT OR TAX CONSEQUENCES
OF THIS DOCUMENT OR THE TRANSACTION TO WHICH IT RELATES AND RECOMMENDS THAT YOU CONSULT YOUR ATTORNEY.

 

IN
WITNESS WHEREOF, the parties hereto have hereunto caused this Lease to be duly executed.

 

	LANDLORD:	 	 	 
	 	 	 	 
	Individual	 	Business Entity
	 	 	 
	 	 	King
    Commercial Properties, LLC
	 	 	(Name of Firm)
	 	 	 	 
	Date:	 	 	 	 
	 	 	By:	/s/ Tim King
	 	 	 	Tim King
	 	 	 	 
	Date:	 	 	Title:    	Member Manager
	 	 	 	 
	 	 	Date:	10-12-17
	 	 	 	 
	TENANT:	 	 	 
	 	 	 	 
	Individual	 	Business Entity
	 	 	 
	 	 	 	Fathom Realty, LLC
	 	 	 	 
	Date:	 	 	By:	/s/ Marco Fregenal
	 	 	 	Marco Fregenal
	 	 	 	 
	 	 	Title:  	COO/CFO
	 	 	 	 
	Date:	 	 	Date:	11/21/17

 

	 	 	 	STANDARD FORM 592-T
	 	 	 	Revised 7/2017
	 	 	 	© 7/2017
	 	 
	 	 
	 	 	 	 
	 	Produced with zipForm® by zipLogix 18070 Fifteen Mile Road,
    Fraser, Michigan 48026	Leases 2017

 

    	 	Page 12 of 12	 

     

    

 

EXHIBIT A

 

Property Description:

 

Office condo located at 209 New Edition Court, Cary, NC 27511

 

This condo is part of the Commonwealth Exchange Condo Association,
Unit 209

 

Tax Parcel #0228475

Pin # 0763346454

 

Approx. 1288 Sq. Ft.

 

Tenant
Initials                             MF       Landlord
Initials        TK                            

 

     

     

    

 

EXHIBIT B

 

1.       Rent:
Rent shall be payable as follows:

 

	Year 1:	$1,625.00 per month (12/1/17 – 11/30/18)
	Year 2:	$1,675.00 per month (12/1/18 – 11/30/19)
	Year 3:	$1,725.00 per month (12/1/19 – 11/30/20)

 

2.       Right
to Renew: Tenant shall have the option of renewing this lease, upon written notice to Landlord at least 150 days
prior to end of initial 3-year term of this lease, for one (1) additional term of five (5) years. Rent for renewal term shall
be payable as follows:

 

If renewed for 5 additional years:

 

	Year 4:	$1,775.00 per month (12/1/20 – 11/30/21)
	Year 5:	$1,825.00 per month (12/1/21 – 11/30/22)
	Year 6:	$1,875.00 per month (12/1/22 – 11/30/23)
	Year 7:	$1,925.00 per month (12/1/23 – 11/30/24)
	Year 8:	$1,975.00 per month (12/1/24 – 11/30/25)

 

3.       Landlord
Work: Space will be delivered to tenant "as is."

 

4.       Repairs:
Tenant shall be responsible for all cost of interior repairs and any updates to the premises.

 

5.       Landlord
Contribution: Landlord agrees to contribute a onetime amount of $4,000.00 towards the cost of any new flooring or
painting that tenant decides to add. Tenant agrees to submit copies of invoices to landlord of work done before funds are
paid to tenant.

 

6.       Rules
and Regulations: Tenant agrees that at no time during the term of this Lease will smoking be allowed within the unit.
Also, no pets of any kind are allowed on the premises.

 

7.       Signage:
Tenant shall have the right to install signage on the building at their own expense, once approved by Landlord, Property
Owners Association, and meets City of Cary compliance.

 

Tenant
Initials                             MF       Landlord
Initials        TK

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00303-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00303-of-00352.parquet"}]]