SEC Contract Filing

Filing Date: 2016-05-16

Document Content:
<DOCUMENT>
<TYPE>EX-10.3
<SEQUENCE>3
<FILENAME>ex103.htm
<DESCRIPTION>EXHIBIT 10.3
<TEXT>
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<div><a name="s94F58C1298F7EC183636AA6B79CF9010"></a></div><div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></div><div><br></div><div style="line-height:100%;text-align:center;padding-left:5px;font-size:11pt;"><font style="font-family:inherit;font-size:11pt;font-weight:bold;text-decoration:underline;">THIRD AMENDMENT TO LEASE</font></div><div style="line-height:121%;padding-top:18px;text-align:justify;text-indent:48px;font-size:11pt;"><font style="font-family:inherit;font-size:11pt;">This Third Amendment to Lease (this "</font><font style="font-family:inherit;font-size:11pt;text-decoration:underline;">Amendment</font><font style="font-family:inherit;font-size:11pt;">") is made and entered into as of October 1,2015 (the "</font><font style="font-family:inherit;font-size:11pt;text-decoration:underline;">Effective Date</font><font style="font-family:inherit;font-size:11pt;">") by and between </font><font style="font-family:inherit;font-size:11pt;font-weight:bold;">WILLIAM M.</font><font style="font-family:inherit;font-size:11pt;">&#32;</font><font style="font-family:inherit;font-size:11pt;font-weight:bold;">FOSTER</font><font style="font-family:inherit;font-size:11pt;">, an individual residing in Twiggs County, Georgia ("</font><font style="font-family:inherit;font-size:11pt;text-decoration:underline;">Lessor</font><font style="font-family:inherit;font-size:11pt;">") and </font><font style="font-family:inherit;font-size:11pt;font-weight:bold;">ADK GEORGIA, LLC</font><font style="font-family:inherit;font-size:11pt;">, a Georgia limited liability company ("</font><font style="font-family:inherit;font-size:11pt;text-decoration:underline;">Lessee</font><font style="font-family:inherit;font-size:11pt;">") with regard to the foregoing.</font></div><div style="line-height:115%;text-align:center;padding-left:5px;font-size:11pt;"><font style="font-family:inherit;font-size:11pt;"><br></font></div><div style="line-height:115%;text-align:center;padding-left:5px;font-size:11pt;"><font style="font-family:inherit;font-size:11pt;font-weight:bold;">WITNESSETH:</font></div><div style="line-height:124%;padding-left:0px;padding-top:18px;text-align:justify;text-indent:48px;"><font style="padding-top:18px;text-align:justify;font-family:inherit;font-size:11pt;padding-right:48px;">A.</font><font style="font-family:inherit;font-size:11pt;">Lessor and Lessee are parties to that certain Lease Agreement dated September 28, 2009, as amended by that restated Lease dated August 31, 2010, and as amended by that Second Amendment to Lease dated August 14, 2015 (the "</font><font style="font-family:inherit;font-size:11pt;text-decoration:underline;">Lease</font><font style="font-family:inherit;font-size:11pt;">");</font></div><div style="line-height:124%;padding-left:0px;padding-top:14px;text-align:justify;text-indent:48px;"><font style="padding-top:14px;text-align:justify;font-family:inherit;font-size:11pt;padding-right:48px;">B.</font><font style="font-family:inherit;font-size:11pt;">Lessor and Lessee have agreed to amend the Lease to clarify certain requirements of the parties under the Lease;</font></div><div style="line-height:122%;padding-top:17px;text-align:justify;font-size:11pt;"><font style="font-family:inherit;font-size:11pt;font-weight:bold;">NOW, THEREFORE</font><font style="font-family:inherit;font-size:11pt;">, for good and valuable consideration, the receipt of which is hereby acknowledged, the parties hereto hereby agree that the Lease shall be amended as set forth below. Capitalized terms not otherwise defined herein shall have the same meanings assigned to such terms in the Lease.</font></div><div style="line-height:121%;padding-top:17px;text-align:justify;padding-left:48px;font-size:11pt;"><font style="font-family:inherit;font-size:11pt;font-weight:bold;">SUBLESSEE SUBORDINATION, NON-DISTURBANCE, AND ATTORNMENT. </font><font style="font-family:inherit;font-size:11pt;">&#32;Lessee, existing sublessees, and all sublessees approved in the future by Lessor under the terms of the Second Amendment to Lease shall execute subordination, non-disturbance, and attornment ("</font><font style="font-family:inherit;font-size:11pt;text-decoration:underline;">SNDA</font><font style="font-family:inherit;font-size:11pt;">") agreements in favor of Lessor and Lessor's lender related to the leased premises in a form substantially similar to that attached as Exhibit A. Such SNDA agreements shall supersede any contrary sublease provisions.</font></div><div style="line-height:122%;padding-top:16px;text-align:justify;padding-left:48px;font-size:11pt;"><font style="font-family:inherit;font-size:11pt;">The parties agree that no sublease (whether existing or executed after the date hereof) shall be amended or modified in any material respect without the prior written consent of Lessor, which consent shall not be unreasonably withheld, conditioned or delayed.</font></div><div style="line-height:122%;padding-top:16px;text-align:justify;font-size:11pt;"><font style="font-family:inherit;font-size:11pt;font-weight:bold;">ALL OTHER TERMS STILL IN EFFECT. </font><font style="font-family:inherit;font-size:11pt;">All other terms and conditions of the Lease not expressly modified or amended herein shall remain in full force and effect. To the extent that any of the provisions of this Amendment conflict with or are inconsistent with the provisions of the Lease, the provisions of this Amendment shall control.</font></div><div style="line-height:118%;padding-top:17px;text-align:justify;text-