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4.4 SR 05-02-2022Request for Action To Item Number Ma Tor and CinT Council 4.4 Agenda Section Meeting Date Prepared by Consent May 2, 2022 Brent O'Neil, Economic Development Director Item Description Reviewed by iBackCheck, PLLC Lease at Furniture and Cal Pormer, Cit�r Administrator Things Communit�r Center Reviewed by Action Requested Approve and authorize, by motion, the execution of the attached lease agreement. Background/Discussion The Furniture and Things Communit�T Event Center has appro�matel�T 3,000 square feet of unfinished space which has been reserved as a leasable space to a tenant with a use congruent to the facilit�-. Dr. Christi Jo Christian has proposed leasing the space to open an office for her iBackCheck Sports TherapyT Clinic. ApproximatelyT one- half of the space `vould be constructed into medical offices for her operation of a chiropractic clinic, �vith the Yemainder of the space Yemaining as open space for fitness and therapeutic-tyrpe activities. She has Yequested permission to sublease a portion of the space to Two Brothers HockeyT, `vhich `vould align `vith the terms of the lease. The lease terms are based on prevailing market conditions and standards and the initial lease term is for five yTears, `vith a lessee's option to rene`v for one five-yTear term. Base rent is $4,557 monthlyT and includes rent increases of three percent annually. The lease grants a reduced rent during the first three months coinciding with construction of tenant improvements, and a rent credit for a poYtion of the tenant's cost foY build-out improvements. Financial Impact The lease has accounted for shared utilities and common area maintenance, which are to be covered b�T the cityT. The initial five-yTear term of the lease will generate approximatelyT $230,000 in revenue. Mission/Policy/Goal Support business investment in Elk River. Attachments ■ Lease Agreement `vith iBackCheck, PLLC The Elk River Vision A 2a�elcolning co�nlnunity 2a�ith T evolutiona� y and spizzted T esou� cefulness, exceptional se�vice, and coln�nunity engagelnent that encou�ages and ins�iz•es pTo�pe�zty. rowEREo ar �I'1 ���� Up�iited.• August 2020 LEASE AGREEMENT By and Between CITY OF ELK RIVER, MINNESOTA �"LANDLORD"� and iBackCheck, PLLC d/b/a iBACKCHECK SPORT THERAPY �"TENANT"� This Instrument Drafted By: CAMPBELL KNUTSON, P.A. 860 Blue Gentian Road, Suite 290 Eagan, MN 55121 (651) 452-5000 zzi4s2�9 LEASE REFERENCE PAGES (Page i of ii) BUII,DING NAME: LANDLORD: LANDLORD'S ADDRESS: Furniture and Things Community Event Center, Elk River, Minnesota City of Elk River 13065 Orono Parkway; Elk River MN, 55330 LEASE REFERENCE DATE TENANT: TENANT' S ADDRE S S: May 3, 2022 iBackCheck, PLLC 13737 197th Ln NW, Elk River, MN 55330 LEASED PREMISES IDENTIFICATION: Furniture and Things Community Event Center (identified as "Community Center" on Exhibit A) TOTAL BUII,DING SQUARE FOOTAGE: Approximately 120,000 sq.ft. LEASED PREMISES AREA: USE (AUTHORIZED BUSINESS): POSSESSION DATE: 3038 sq/ft Chiropractic and Physical Therapy Clinic, with accessory use for yoga studio May 3, 2022 COMMENCEMENT DATE: SCHEDULED RENT COMMENCEMENT DATE: TERMINATION DATE: zzi4s2�9 May 3, 2022 May 3, 2022 May 2, 2027 � LEASE REFERENCE PAGES (Page ii of ii) TERM OF LEASE: Five (5) Years beginning on the Commencement Date and ending on the Termination Date (unless sooner terminated pursuant to this Lease.) with an option for an additional 5-year term RENT: SECURITY DEPOSIT: John J. Dietz, Mayor The Reference Page information is incorporated into and made a part of the Lease between Tenant and Landlord dated as of May 3, 2022 ("Lease"). In the event of any conflict between any Reference Page information and the Lease, the Lease shall control. The Lease includes Exhibits A, B, C and D which are all made a part of this Lease. LANDLORD: City of Elk River, Minnesota : � �1 Date: See Article 4 for Rent and Additional Rent $2120.00 has been paid to the Landlord as consideration and security for this lease. TENANT: IBACKCHECK,PLLC, a Minnesota professional limited liability corporation By: Name: Dr. Christi Jo Christian Its: Chief Manager Tina Allard, City Clerk 2022 Date: 2022 3 zzi4s2�9 LEASE AGREEMENT This LEASE AGREEMENT ("Lease") is made and effective as of , 2022, by and between the CITY OF ELK RIVER, a Minnesota municipal corporation (hereinafter referred to as the "Landlord"), iBackCheck, PLLC, a Minnesota professional limited liability corporation, d/b/a as iBackCheck Sport Therapy (hereinafter referred to as the "Tenant"). The Landlord and Tenant hereby agree as follows: ARTICLE 1 — LEASED PREMISES Subject to the terms, covenants and conditions of this Lease, Landlord does hereby lease and let unto Tenant, and Tenant does hereby hire, lease and take from Landlord, space in the building ("Building") located on the Property owned by Landlord located at 1000 School Street; Elk River, MN 55330, identified as "Sport Therapy Facility" on Exhibit "A" attached hereto, and incorporated herein, (hereinafter referred to as the "Leased Premises"). Tenant agrees to take and does take the Leased Premises in its "as is" condition. The Building and the Property are known as and hereinafter jointly referred to as the "Community Center". ARTICLE 2— TERM OF LEASE A. The term of this Lease shall be for 60 months as set forth on the Reference Page (hereafter referred to as the "Initial Term") upon the rentals and subject to the conditions set forth in this Lease, and the Exhibits attached hereto. The Commencement Date and the Termination Date are speci�cally subjectto the provisions of Article 6 hereof. B. Tenant shall, provided this Lease is in full force and effect and Tenant is not in Default under any of the other terms and conditions of this Lease at the time of noti�cation, have the option to renew ("Renewal Option") this Lease for a term of �ve (5) years ("Renewal Term") on the same terms and conditions set forth in this Lease, except as modified by the terms, covenants and conditions as set forth below: l. If Tenant elects to exercise the Renewal Option, then Tenant shall provide Landlord with written notice no earlier than a date which is one year prior to the Termination Date of the this Lease but no later than a date which is ninety (90) days prior to the Termination Date. If Tenant fails to provide such notice, Tenant shall ha�e no further or additional right to extend or renew the Lease. The notice shall be given in the manner provided in this Lease for the giving of notices to Landlord. 2. The monthly Rent for the first (lst) year of the Renewal Term shall be Five Thousand Two Hundred Eight-Two Dollars and 81/100 ($5282.81), subject to annual increases as provided in Article 4-Rent, along with any Additional Rent that is due under the terms of this Lease. 3. The Renewal Option is not transferable and the parties acknowledge and agree that they intend that the aforesaid Renewal Option of this Lease shall be "personal" to 4 zzi4s2�9 Tenant as set forth above and that in no event will any assignee or sublessee ha�e any rights to exercise the aforesaid option to renew. 4. If the Renewal Option provided for above is exercised, Tenant shall have no further right to extend the Term of the Lease. ARTICLE 3 - USE A. The Leased Premises shall be used by the Tenant solely for the purpose set forth on the Reference Page (the "Authorized Business") during the Term of this Lease and for no other purpose whatsoever without the prior written consent of the Landlord. Tenant shall apply for all such licenses, permits and approvals necessary for it to conduct the Authorized Business within the Leased Premises, and shall diligently pursue such applications, and take all reasonable actions within its control to obtain such licenses, permits and approvals. The obtaining and retaining of such licenses shall be Tenant's sole responsibility, the failure of which shall be deemed a Default hereunder. B. The Leased Premises shall not be used in violation of any applicable federal, state, or local law, ordinance, rule, or regulation, and Tenant shall comply with the same at its sole cost and expense. C. During the entire Term, Tenant will continuously conduct the Authorized Business within the Leased Premises. D. Notwithstanding anything to the contrary herein, the Tenant, its members, employees, agents and invitees shall have the reasonable non-exclusive right to use the Common Areas (as hereinafter de�ned) of the Property and the Building with the Landlord, its employees, agents and invitees, as may from time to time exist, including but not limited to the parking facilities, sidewalks driveways, access ways, common hallways, walkways, landscaped areas and public restrooms as shown on Exhibit "B" ("Common Areas") and the Landlord shall have the full control, management and direction of the Common Areas. Tenant shall have no right to access the ice arena or recreation center as shown on Exhibit B("City Premises"), except as authorized by the Landlord for other public users. The Landlord reserves the right at any time and from time to time to reduce, increase, enclose or otherwise change the size, location, layout and nature of the Common Areas. Tenant shall not use the Community Center walkways, sidewalks, common hallways and parking area adjacent to the Leased Premises, or other parts of the Common Areas forming part of the Community Center, for business purposes (including, without limitation, the distribution of handbills or advertising of any type), except for ingress and egress to the Building and for parking, without the prior written consent of Landlord, which consent may be withheld or denied for any or no reason. E. Tenant covenants and agrees that Tenant, its agents, licensees and invitees shall not handle, use, manufacture, store or dispose of any flammables, explosives, radioactive materials, hazardous wastes or materials (as may be defined by Federal or Staxe Law), toxic wastes or materials, petroleum products, or other similar substances or derivatives thereof (collectively "Hazardous Materials"), on, under, or about the Leased Premises or the Property, without Landlord's prior written consent (which consent may be withheld or denied for any or no reason); 5 zzi4s2�9 provided, however, that Tenant may handle, store, or use products containing small quantities of Hazardous Materials, which products are of a type customarily found in office buildings and/or schools (such as cleaning fluid, cleaning supplies and the like). If Tenant's handling (including transportation to and from the Leased Premises), storage, use or disposal of any such Hazardous Materials on or from the Leased Premises results in the contamination of the Leased Premises, the soil or surface or ground water of the Property, or loss or damage to persons or property, then Tenant agrees to: 1) notify Landlord immediately of any contamination, claim of contamination, loss or damage, 2) after consultation with Landlord, clean up the contamination in full compliance with all applicable statutes, regulations and industry standards and 3) indemnify, defend and hold Landlord harmless from and against any claims, suits, causes of action, costs and fees, including attorneys' fees, arising from or connected with any such contamination, claim of contamination, loss or damages. The provisions of this paragraph shall survive the expiration or earlier termination of this Lease. Any and all consents of Landlord pursuant to this paragraph must be in writing signed by both Landlord and Tenant. F. Tenant shall not perform any act or carry on any practice that may injure the Leased Premises or any other part of the Property, or that may cause any offensive odors, and in no event shall any offensive odors be emitted from the Leased Premises. Landlord acknowledges and agrees that as part of the Authorized Use, Tenant and its invitees, employees may, from time to time, play music, conduct weight lifting, and operate other exercise equipment in support of the Authorized Use. Notwithstanding the foregoing, Tenant acknowledges and agrees that (1) there are other tenant(s), their employees and/or customers of the Community Center, and (2) Tenant shall make best efforts to not conduct the Authorized Use in such a manner that creates a menace, causes a nuisance or that in any way materially affects or interferes with the quiet use and enjoyment of another tenant or patrons of the other tenants. G. Tenant shall not use the name of the City of Elk River, Community Center or the Furniture and Things Community Event Center directly or indirectly in connection with the Tenant's business, except as a part of the Tenant's address and except in connection with Tenant's advertising of its business address. The Landlord reserves the right to change the name of the Community Center at any time and the provisions of this paragraph shall apply to any name changes of the Community Center. Landlord hereby consents to Tenant's use of the Furniture and Things Community Event Center's name as set forth on the Reference Page in connection with its Authorized Business, but only in connection with its business operations within the Leased Premises. H. Tenant agrees that it and its guests, employees, contractors, invitees and all others connected with the Tenant's operations at the Leased Premises shall abide by all reasonable rules and regulations from time to time established by the Landlord by written notice to the Tenant with respect to the Community Center and/or the Common Area portions thereof. L Tenant shall always conduct its operations in the Leased Premises under its present trade name, unless the Landlord shall otherwise consent in writing to a different name, which consent shall not be unreasonably withheld by Landlord. J. Tenant shall keep the Leased Premises, including all interior window, clean and in an orderly and presentable manner. 6 zzi4s2�9 K. Tenant shall keep all trash, refuse, and the like in covered metal or plastic cans, which cans shall be kept within the Leased Premises at all times, unless an exterior storage area is specifically designated for Tenant's use by Landlord in which event the Tenant shall deposit all trash, refuse and the like in the exterior storage area. L. The Tenant shall not place on the exterior or interior of the Leased Premises or on the Properry (including, but without limitation, windows, doors, and entrance lobbies) any signs other than those which comply with all city sign ordinances, including replacements thereof. M. Tenant shall ensure that the Leased Premises are secure at all times. ARTICLE 4 — RENT A. Rent. Tenant agrees to pay to Landlord as rent (hereinafter called "Rent") for the Leased Premises, without notice, setoff or demand, except as specifically set forth herein, monthly Rent in the amount of Four Thousand Five Hundred Fifty-Seven and No/100 Dollars ($4,557.00) subject to the adjustments, as hereinafter set forth, for each month during the Lease Term, said monthly installments to be due and payable by Tenant in advance on the first day of each calendar month during the Term of this Lease, or any extension or renewal thereof, at the office of Landlord set forth in this Lease or at such other place as Landlord may designate in writing. B. Reduced Rent. Subject to the requirements under Article 6, Rent shall be reduced to One Thousand and No/100 Dollars ($1,000.00) during the Move-In Period. C. Increase in Rent. The Rent set forth above shall be increased on the lst day of the second year of the Term of the Lease and the first day of each subsequent year of this Lease by three percent (3%). D. Rent Credit. Landlord agrees to provide an allowance for Tenant Improvements, as further described in Article 5, in the amount of $50,000 or 20% of Tenant Improvement Costs as further defined in Article 5, or $50,000, whichever is less. If the Rent Credit is $50,000, it will be applied as follows: $1,754.39 each month to Months 4-6 of the Lease Term and $877.19 each month to Months 7-57 of the Lease Term. If the Rent Credit is less than $50,000, the difference between $50,000 and 20% of the Tenant Improvement Costs (the "Adjusted Rent Credit",) then the Adjusted Rent Credit") will adjust the previous calculation by reducing the credit each month over 12 months beginning with the 4th Month of Lease based on the 1/12 of the Adjusted Rent Credit. E. Additional Rent. In addition to the Rent set forth above, Tenant agrees to timely pay its pro rata share of any real estate taxes or personal property taxes in lieu of real estate taxes required by any governmental body having jurisdiction over the Property as a result of this Lease. F. Late Rent. Tenant recognizes that late payment of Rent or any other sum due under this Lease will result in administrative expense to the Landlord, the extent of which additional expense is extremely difficult and economically impractical to ascertain. Tenant therefore agrees that if rent or any other sum is not paid when due and payable pursuant to this Lease, a late charge shall be imposed in an amount equal to the greater of: (a) One Hundred Dollars ($100.00), or (b) a sum equal to five percent (5%) per month of the unpaid rent or other payment. The amount of 7 zzi4s2�9 the late charge to be paid by Tenant shall be reassessed and added to Tenant's obligation for each successive monthly period until paid. The provisions of this Section does not relieve Tenant of the obligation to pay Rent, Additional Rent or other payments on or before the date on which they are due, nor do the terms of this Section in any way affect Landlord's remedies pursuant to Article 20 of this Lease in the event Rent or other payment is unpaid after date due. G. Securitv De�osit. Tenant shall deposit the Security Deposit, if any is listed on the Reference Page, with Landlord upon the execution of this Lease. Said sum shall be held by Landlord as security for the faithful performance by Tenant of all the terms, covenants and conditions of this Lease to be kept and performed by Tenant and not as an advance rental deposit or as a measure of Landlord's damage in case of Tenant's Default. If Tenant Defaults with respect to any provision of this Lease, Landlord may use any part of the Security Deposit for the payment of any Rent or any other sum in default, or for the payment of any amount which Landlord may spend or become obligated to spend by reason of Tenant's default, or to compensate Landlord for any other loss or damage which Landlord may suffer by reason of Tenant's Default. If any portion is so used, Tenant shall within five (5) days after written demand therefor, deposit with Landlord an amount suf� cient to restore the Security Deposit to its original amount, and Tenant's failure to do so shall be a material breach of this Lease. Except to such extent, if any, as shall be required by law, Landlord shall not be required to keep the Security Deposit separate from its general funds, and Tenant shall not be entitled to interest on such deposit. If Tenant shall fully and faithfully perform every provision of this Lease to be performed by it, the Security Deposit or any balance thereof shall be returned to Tenant within thirty (30) days after the termination of this Lease. ARTICLE 5 - CONSTRUCTION Tenant agrees to take and shall take the Leased Premises in its "as is" condition; except for those alterations, if any, set forth speci�cally as Landlord's responsibilities on Exhibit "C" ("Landlord's Work"). The Landlord's Work may be performed during the "Move-in-Period" (as de�ned in Article 6 below) and Tenant hereby grants to Landlord the right and license to enter the Leased Premises for purposes of doing Landlord's Work Any improvements to the Leased Premises other than the Landlord's Work shall be made by Tenant ("Tenant's Work"), as defined in Exhibit "C", at the sole cost and expense of Tenant ("Tenant's Improvement Cost"), subject to all other provisions of this Lease, including compliance with all applicable governmental laws, ordinances and regulations. ARTICLE 6— POSSESSION AND MOVE-IN PERIOD Except as otherwise provided, Landlord shall deliver possession of the Leased Premises on the Possession Date set forth on the Reference Page to allow Tenant to install trade �xtures and equipment and to construct Tenant's Improvements, as hereinafter defined ("Move-in Period"), but such delivery of possession prior to the above speci�ed date for commencement of the Term shall not affectthe Termination Date of this Lease. Failure of Landlord to deliver possession of the Leased Premises by the Possession Date, due to acts of God, shall automatically postpone the Commencement Date of this Lease and shall extend the Termination Date by periods equal to those which shall ha�e elapsed between and including the date hereinabove speci�ed for commencement of the Move-in Period and the date on which possession of the Leased Premises is delivered to the Tenant. Tenant's occupancy during the Move-in Period shall in all respects be the same as that of the 8 zzi4s2�9 Tenant under this Lease, with the exception of the payment of Rent, which shall be reduced as provided under Article 4 during the Move-In Period, subject to the requirements of this Article. The reduced Rent for the Move-In Period shall terminate upon the earlier of the following (i) the date Tenant's commencement of its business operations or (ii) August 2, 2022. Tenant shall provide Landlord with notice of the date �liat Tenant commences its business operations, immediately upon commencement of business operations. During the Move-in Period, Landlord shall ha�e no responsibility or liability for loss or damage to fixtures, facilities or equipment installed or left within the Leased Premises. Tenant's Improvements shall be completed within 90 days of commencement of this Agreement, except that an extension of 60 days may be approved by the Landlord due to delay or suspension of Tenant's Improvements resulting from fires, strikes, acts of God, and other causes beyond the control of the Tenant. ARTICLE 7- UTILITIES AND SERVICE A. Tenant agrees to maintain and clean the Leased Premises and keep the same in a sanitary and orderly manner. Tenant shall provide its own trash removal to dumpsters provided by Landlord within the grounds of the Community Center recycling (to collection points within the Community Center). Should Tenant fail to clean and maintain the Leased Premises and remove trash therefrom as required herein, Landlord shall have the right to complete such services and charge Tenant such costs as Additional Rent. B. Landlord agrees to provide the existing heating, ventilating and air conditioning units ("HVAC") currently serving the Leased Premises, which shall be maintained by Landlord, at Landlord's sole cost and expense. Improvements to HVAC and all other utility systems within the Leased Premises are considered Tenant Improvements under Article 6. The Landlord shall replace all lights in the Building including the Leased Premises, as needed, and shall provide the following Utilities: electricity, gas, sewer and water, pest and vermin control, and shall perform maintenance and other services from time to time, as is necessary and appropriate to ensure that the Leased Premises is kept lighted, dry, and safe. The Tenant's proportionate share of the Utilities are included in the monthly Rent paid by Tenant. Tenant agrees that its use of utility services stated herein will be in alignment with the Authorized Use stated on the Reference Page, and unreasonable or excessive use of utilities may be billed to the Tenant. C. No temporary interruption or failure of such services incidental to the making of repairs, alterations or improvements, or due to accidents or strike or conditions or events not under Landlord's control shall be deemed as an eviction of the Tenant or relieve the Tenant from any of the Tenant's obligations hereunder, however in the event that Landlord fails to repair or diligently pursue performance of its obligations under this Lease, upon fifteen (15) days' notice to Landlord, Tenant may avail itself of self-help in order to repair or perform and for which Tenant will receive a reasonable accommodation in reduction of rent. ARTICLE 8- NON-LIABILITY OF LANDLORD Except in the event of gross negligence or willful misconduct of Landlord, its agents, employees or contractors, Landlord shall not be liable for any loss or damage for failure to furnish heat, air conditioning, electricity, water, sprinkler system, sewer or gas service. Landlord shall not be liable for personal injury, death or any damage from any cause about the Leased Premises or the Community Center except if caused by Landlord's gross negligence or willful misconduct. 9 zzi4s2�9 ARTICLE 9- CARE OF LEASED PREMISES AND EQUIPMENT A. Tenant agrees: l. To keep the Leased Premises in as good condition and repair as they were in at the time Tenant took possession of same, reasonable wear and tear and damage from fire and other casualty for which insurance is normally procured excepted; 2. To keep the Leased Premises in a safe, clean and sanitary condition, including (i) all bathrooms and showers, floors (washing, mopping, sweeping, dusting or vacuuming), toilets and sinks, empty all wastepaper receptacles; and (ii) the floors (vacuuming, sweeping and/or dusting and washing and/or mopping as needed); and in compliance with all applicable laws, ordinances, rules and regulations of governmental authority, or of any company or companies insuring against losses resulting from damage or destruction to the Community Center or from personal injuries, deaths or property damage occurring in, on or about the Community Center; 3. Not to commit any nuisance or waste on the Leased Premises, overload the electrical, water and/or plumbing facilities in the Leased Premises or Community Center throw foreign substances in plumbing facilities, or wastefully use any of the utilities furnished by Landlord; 4. To abide by such rules and regulations as may from time to time be reasonably promulgated by Landlord; and 5. That, except as otherwise provided in this Article, those portions of the Leased Premises including, but not limited to, lighting, plumbing, electrical, gas or HVAC equipment, and other mechanical equipment requiring maintenance or repair, shall at all times be maintained and repaired by Landlord in accordance with all laws, directions, rules and regulations of regulatory bodies or officials having jurisdiction in that regard provided, however, the repairs and/or maintenance of any portion of the Leased Premises or the Building including, but not limited to, light fixtures, the plumbing, electrical, gas or HVAC equipment, that are caused by the acts of the Tenant, its members, employees, contractors, or other invitees, the Tenant shall repair the same at Tenant's sole cost and expense. The Tenant shall restore all light fixtures, plumbing, electrical, gas or HVAC equipment to the condition it was in immediately prior to the time that the foregoing was damaged. B. If Tenant shall fail to keep and preserve the Leased Premises in the state of condition required by the provisions of this Lease, Landlord may at its option put or cause the same to be put into the condition and state of repair agreed upon, and in such case the Tenant, on demand, shall pay the cost thereof, as Additional Rent. ARTICLE 10 - NON-PERMITTED USE Tenant agrees to use the Leased Premises only for the Authorized Business purpose. Tenant further agrees not to commit or permit any act to be performed on the Leased Premises or any omission to occur which shall be in violation of any statute, regulation or ordinance of any 10 zzi4s2�9 governmental body or which will increase the insurance rates on the Community Center or which will be in violation of any insurance policy carried on the Community Center by the Landlord. Tenant, at its expense, shall comply with all governmental laws, ordinances, rules and regulations applicable to the use of the Leased Premises and its occupancy and shall promptly comply with all governmental orders, rulings and directives for the correction, prevention and abatement of any violation upon, or in connection with, the Leased Premises or Tenant's use or occupancy of the Leased Premises, including the making of any alterations or improvements to the Leased Premises, all at Tenant's sole cost and expense. ARTICLE 11 - INSPECTION The Landlord, its employees or agents shall have the right without any diminution of rent or other charges payable hereunder by Tenant to enter the Leased Premises at all reasonable times for the purpose of exhibiting the Leased Premises to prospective tenants or purchasers and/or inspection, cleaning, repairing, testing, altering or improving the same or said Community Center, but nothing contained in this Article shall be construed so as to impose any obligation on the Landlord to make any repairs, alterations or improvements. Access by Landlord to the Leased Premises shall be preceded by 24 hours written or verbal notice by Landlord to Tenant, except in the event of an emergency. ARTICLE 12 —ALTERATIONS Tenant will not make any alterations, repairs, additions or improvements in or to the Leased Premises or add, disturb or in any way change any locks, plumbing or wiring therein without the prior written consent of the Landlord, which consent shall not be unreasonably withheld or delayed, if such alterations, repairs, additions or improvements are required of Tenant or are the obligation of Tenant pursuant to this Lease. All such work shall comply with all applicable governmental laws, ordinances, rules and regulations. The Landlord as a condition to said consent may require a surety performance and/or payment bond from the Tenant for said actions. Tenant agrees to indemnify and hold Landlord free and harmless from any liability, loss, cost, damage or expense (including attorneys' fees) by reason of any said alteration, repairs, additions or improvements. ARTICLE 13 - SIGNS Upon request by Tenant, Landlord agrees to allow reasonable Tenant signage on the building and on an area identification sign in the event such a sign is installed on the Property, subject to other agreement(s) the Landlord has in place with the Elk River School District. Tenant shall at all times keep all signs in accordance with city ordinances and otherwise in good condition, proper operating order and in accordance with all applicable government regulations, including zoning approvals. Use of the roof of the Leased Premises is reserved to Landlord, and Landlord may install upon the roof equipment, signs, antennas, displays and other obj ects and may construct additional stories above the Leased Premises, provided any such use does not unreasonably interfere with Tenant's occupancy of the Leased Premises. Upon termination of this Lease, Tenant shall remove any signs and repair any damage to the Community Center caused by the installation and removal thereof, or, at Landlord's option, such signs shall become part of the realty and belong to Landlord without compensation to Tenant with title passing to Landlord under this lease as by a bill of sale. Tenant agrees that no other signs or other advertising materials shall be erected, 11 zzi4s2�9 attached or affixed to any portion of the interior or exterior of the Leased Premises or the Community Center without the express prior written consent of Landlord. ARTICLE 14 — USE OF COMMON AREAS A. Tenant, and its members, licensees, employees, invitees and customers shall have the reasonable non-exclusive right to use the East Entrance Vestibule, in common with the Landlord and any future tenants of the Community Center and other persons entitled to use the same. Landlord may temporarily close parts of the East Entrance Vestibule for such periods of time as may be necessary for (i) temporary use as a work area in connection with the construction or repair of the Building or other improvements within the Community Center or contiguous property, (ii) repairs or alterations in or to the Community Center or to any utility type facilities, (iii) preventing the public from obtaining prescriptive rights in or to the Community Center, (iv) security reasons, or (v) doing and performing such other acts as in the use of good business judgment Landlord shall determine to be appropriate for the Community Center; provided however, that Landlord shall use reasonable efforts not to unduly interfere with or disrupt Tenant's business. Landlord shall have the right at any time to change the name, number or designation by which the Community Center is commonly known. Tenant's use of the Common Areas shall be subject to such rules and regulations as may from time to time be made by Landlord for the safety, comfort and convenience of the owners, occupants, tenants and invitees of said Community Center. Tenant agrees that no awnings, curtains, drapes or shades shall be used upon the Leased Premises except as may be approved by Landlord. B. Landlord and Tenant agree that Landlord will not be responsible for any loss, theft or damage to vehicles, or the contents thereof, parked or left in the Common Areas, and Tenant agrees to so advise its employees, visitors or invitees who may use such parking areas. The parking areas shall include those areas designated by Landlord, in its sole discretion, as either restricted or unrestricted parking areas. Tenant further agrees not to use or permit its employees, visitors or invitees to use the parking areas for overnight storage of vehicles. C. Landlord and Tenant agree that the Landlord shall set aside Five (5) dedicated parking spots for use by Tenant, its staff and invitees. ARTICLE 15 - ASSIGNMENT AND SUBLETTING A. Tenant agrees that Tenant does not have the right to assign, sublet, license, mortgage or encumber this Lease, the Leased Premises, or any part thereof, whether by voluntary act, operation of law, or otherwise, without the specific prior written consent of Landlord in each instance. If Tenant is a corporation, a limited liability company or a partnership, the transfer of a controlling interest of Tenant shall be considered an assignment of this Lease for purposes of this Article. Consent by Landlord in one such instance shall not be a waiver of Landlord's rights under this Article as to requiring consent for any subsequent instance. In the event Tenant desires to sublet a part or all of the Leased Premises, or assign this Lease, Tenant shall give written notice to Landlord at least thirty (30) days prior to the proposed subletting or assignment, which notice shall state the name of the proposed subtenant or assignee, the terms of any sublease or assignment documents and copies of financial reports or other relevant financial information of the proposed subtenant or assignee. At Landlord's option, any and all payments by the proposed assignee or sublessee with respect to the assignment of sublease shall be paid directly to Landlord. In any 12 zzi4s2�9 event no subletting or assignment shall release Tenant of its obligation to pay the rent and to perform all other obligations to be performed by Tenant hereunder for the Term of this Lease. The acceptance of rent by Landlord from any other person shall not be deemed to be a waiver by Landlord of any provision hereof. At Landlord's option, Landlord may terminate the Lease in lieu of giving its consent to any proposed assignment of this Lease or subletting of the Leased Premises (which termination may be contingent upon the execution of a new lease with the proposed assignee or subtenant). B. In no event shall Landlord be required to consent to any assignment or sublease by Tenant or any person holding an interest in the leasehold under or through Tenant unless Landlord is provided adequate assurances in Landlord's sole opinion that: 1. The source of rent and other consideration due under this Lease, and in the case of a transfer, that the �nancial condition and operating performance of the proposed assignee and its guarantors, if any, shall be equal to or greater than the financial condition and operating performance of the Tenant or such other persons and its guarantors, if any, as of the time the Tenant became the lessee under this Lease; 2. That the transfer of this Lease is subject to all the provisions hereof, including, but not limited to, provisions such as a radius, location, use or exclusivity provision, and will not breach any such provision contained in any other lease, financing agreement or master agreement relating to the Community Center; 3. That the transfer of this Lease will not disrupt any Tenant mix or balance in the Community Center; 4. That the proposed transferee agrees to assume the obligations under this Lease; 5. That the proposed transferee has not less than five (5) years' experience in operations similar to the Authorized Business being operated within the Leased Premises; 6. Any payments to be made by the proposed transferee shall, at Landlord's option, be paid directly to Landlord; 7. Tenant agrees to continue to be bound by the terms of the Lease notwithstanding any modi�cation or amendments to this Lease; provided such modifications or amendments do not increase the length of the Term or the rental obligations hereunder. B. Landlord's right to assign this Lease is and shall remain unqualified upon any sale or transfer of the Community Center and, providing the purchaser succeeds to the interests of Landlord under this Lease; Landlord shall thereupon be entirely freed of all obligations of Landlord hereunder and shall not be subject to any liability resulting from any act or omission or event occurring after such conveyance. 13 zzi4s2�9 ARTICLE 16 - LOSS BY CASUALTY If the Community Center is damaged or destroyed by �re or other casualty, Landlord or Tenant shall have the right to terminate this Lease, provided it gives written notice thereof to the other party within ninety (90) days after such damage or destruction. If a portion of the Leased Premises is damaged by fire or other casualty, and neither party elects to terminate this Lease, the Landlord shall, at its expense, restore the Leased Premises to as near the condition which existed immediately prior to such damage or destruction, as reasonably possible, and the rentals shall abate during such period of time as the Leased Premises are untenantable, in the proportion that the untenantable portion of the Leased Premises bears to the entire Leased Premises. ARTICLE 17 - WAIVER OF SUBROGATION Landlord and Tenant hereby release the other from any and all liability or responsibility to the other or anyone claiming through or under them by way of subrogation or otherwise for any loss or damage to property caused by �re or any of the extended coverage or supplementary contract casualties, even if such fire or other casualty shall have been caused by the fault or negligence of the other party, or anyone for whom such parry may be responsible; provided however, that this release shall be applicable and in force and effect only with respect to loss or damage occurring during such times as the releasing party's policies shall contain a clause or endorsement to the effect that any such release would not adversely affect or impair said policies or prejudice the right of the releasing party to recover thereunder. Landlord and Tenant agree that they will request their insurance carriers to include in their policies such a clause or endorsement. If extra cost shall be charged therefor, each party shall advise the other of the amount of the extra cost, and the other parry, at its election, may pay the same, but shall not be obligated to do so. ARTICLE 18 - EMINENT DOMAIN If the entire Community Center is taken by eminent domain, this Lease shall automatically terminate as of the date of taking. If a portion of the Community Center is taken by eminent domain, the Landlord shall have the right to terminate this Lease, provided it gives written notice thereof to the Tenant within ninety (90) days after the date of taking. If a portion of the Leased Premises is taken by eminent domain and this Lease is not terminated by Landlord, the Landlord shall, at its expense, restore the Leased Premises to as near the condition which existed immediately prior to the date of taking as reasonably possible, and the rentals shall abate during such period of time as the Leased Premises are untenantable, in the proportion that the untenantable portion of the Leased Premises bears to the entire Leased Premises. All damages awarded for such taking under the power of eminent domain shall belong to and be the sole properiy of Landlord, irrespective of the basis upon which they are awarded; provided, however, that nothing contained herein shall prevent Tenant from making a separate claim to the condemning authority for its moving expenses and trade fixtures. For purposes of this Article, a taking by eminent domain shall include Landlord's giving of a deed under threat of condemnation. ARTICLE 19 - SURRENDER On the last day of the Term of this Lease or on the sooner termination thereof in accordance with the terms hereof, Tenant shall peaceably surrender the Leased Premises in good condition and repair consistent with Tenant's duty to make repairs as provided in Article 9 hereof. On or 14 zzi4s2�9 before said last day, Tenant shall at its expense remove all of its equipment from the Leased Premises, repairing any damage caused thereby, and any property not removed shall be deemed abandoned. All alterations, additions and fixtures other than Tenant's trade fixtures, which have been made or installed by either Landlord or Tenant upon the Leased Premises shall remain as Landlord's property and shall be surrendered with the Leased Premises as a part thereof, or shall be removed by Tenant, at the option of Landlord, in which event Tenant shall at its expense repair any damage caused thereby. It is specifically agreed that any and all telephonic, coaxial , or other computer, word processing, facsimile, or electronic wiring installed by Tenant within the Leased Premises (hereafter "Wiring") shall be removed at Tenant's cost at the expiration of the Term, unless Landlord has speci�cally requested in writing that said Wiring shall remain, whereupon said Wiring shall be surrendered with the Leased Premises as Landlord's property. If the Leased Premises are not surrendered at the end of the Term or the sooner termination thereof, Tenant shall indemnify Landlord against loss or liability resulting from delay by Tenant in so surrendering the Leased Premises, including, without limitation, claims made by any succeeding tenant founded on such delay. Tenant shall promptly surrender all keys for the Leased Premises to Landlord at the place then fixed for payment of rental and shall inform Landlord of combinations on any locks and safes on the Leased Premises. ARTICLE 20 - NONPAYMENT OF RENT, DEFAULTS If any one or more of the following events shall occur, it shall be a"Default" under the terms of this Lease: (1) a rent payment or any other payment due from Tenant to Landlord shall be and remain unpaid in whole or in part for more than ten (10) days after same is due and payable; (2) Tenant shall violate or default on any of the other covenants, agreements, stipulations or conditions herein, or in any parking agreement(s) or other agreements between Landlord and Tenant relating to the Leased Premises, and such violation or default shall continue for a period of ten (10) days after written notice from Landlord of such violation or default; or (3) if Tenant shall commence or have commenced against Tenant proceedings under a bankruptcy, receivership, insolvency or similar type of action instituted by or against Tenant, then it shall be optional for Landlord, without further notice or demand, to cure such default or to declare this Lease forfeited and the Term hereof ended, or to terminate only Tenant's right to possession of the Leased Premises, and to reenter the Leased Premises, with or without process of law, using such force as may be necessary to remove all persons or chattels therefrom, and Landlord shall not be liable for damages by reason of such reentry or forfeiture; but notwithstanding reentry by Landlord or termination only of Tenant's right to possession of the Leased Premises, the liability of Tenant for the Rent and all other sums provided herein shall not be relinquished or extinguished for the balance of the Term of this Lease, and Landlord shall be entitled to sue Tenant for all sums due under this Lease or which become due prior to judgment, but such suit shall not bar subsequent suits for any further sums coming due thereafter. Tenant shall be responsible for, in addition to the Rent due and other sums agreed to be paid hereunder, the cost of any necessary maintenance, repair, restoration, reletting (including related cost of removal or modi�cation of Tenant Improvements) or cure, as well as reasonable attorneys' fees incurred or awarded in any suit or action instituted by Landlord to enforce the provisions of this Lease, regain possession of the Leased Premises, or the collection of the Rents due Landlord hereunder. Tenant agrees to pay interest at the highest permissible rate of interest allowed under the usury statutes of the State of Minnesota, or in case no such maximum rate of interest is provided, at the rate of nine percent (9%) per annum, on all Rents and other sums due Landlord hereunder notpaid within ten (10) days from the date same become due and payable. Each right or remedy of Landlord provided for in 15 zzi4s2�9 this Lease shall be cumulative and shall be in addition to every other right or remedy provided for in this Lease now or hereafter existing at law or in equity or by staxute or otherwise. ARTICLE 21 - LANDLORD' S DEFAULT Landlord shall not be deemed to be in default under this Lease until Tenant has given Landlord written notice specifying the nature of the default and Landlord does not cure such default within thirry (30) days after receipt of such notice or within such reasonable time thereafter as may be necessary to cure such default where such default is of such a character as to reasonably require more than thirry (30) days to cure. ARTICLE 22 - HOLDING OVER Tenant will, at the expiration of this Lease, whether by lapse of time or termination, give up immediate possession to Landlord. If Tenant fails to give up possession the Landlord may, at its option, serve written notice upon Tenant that such holdover constitutes any one of the following (i) renewal of this Lease for one year, and from year to year thereafter, or (ii) creation of a month- to-month tenancy, or (iii) creation of a tenancy at sufferance. If Landlord does not give said notice, Tenant's holdover shall create a tenancy at sufferance. In any such event the tenancy shall be upon the terms and conditions of this Lease, except that the Rent shall be double the Rent Tenant was obligated to pay Landlord under this Lease immediately prior to termination (in the case of tenancy at sufferance such Rent shall be prorated on the basis of a 365 day year for each day Tenant remains in possession); excepting further that in the case of a tenancy at sufferance, no notices shall be required prior to commencement of any legal action to gain repossession of the Leased Premises. In the case of a tenancy at sufferance, Tenant shall also pay to Landlord all damages sustained by Landlord resulting from retention of possession by Tenant. The provisions of this paragraph shall not constitute a waiver by Landlord of any right of reentry as otherwise available to Landlord; nor shall receipt of any rent or any other act in apparent af�rmance of the tenancy operate as a waiver of the right to terminate this Lease for a breach by Tenant hereof. ARTICLE 23 - SUBORDINATION Tenant agrees that this Lease shall be subordinate to any mortgage(s) that may now or hereafter be placed upon Community Center or any part thereof, and to any and all advances to be made thereunder, and to the interest thereon, and all renewals, replacements, and extensions thereof, provided the mortgagee named in such mortgage(s) shall agree to recognize this Lease or Tenant in the event of foreclosure provided the Tenant is not in default. In confirmation of such subordination, Tenant shall promptly execute and deliver any instrument, in recordable form, as required by Landlord's mortgagee. In the event of any mortgagee electing to have the Lease a prior encumbrance to its mortgage, then and in such event upon such mortgagee notifying Tenant to that effect, this Lease shall be deemed prior in encumbrance to the said mortgage, whether this Lease is dated prior to or subsequent to the date of said mortgage. ARTICLE 24 - INDEMNITY, INSURANCE AND SECURITY A. Tenant will keep in force at its own expense for so long as this Lease remains in effect public liability insurance with respect to the Leased Premises in which Landlord shall be named as an additional insured, in companies and in form acceptable to Landlord with a minimum 16 zzi4s2�9 combined limit of liability of Three Million ($3,000,000). Said insurance shall also provide for contractual liability coverage by endorsement. Tenant shall further provide for business interruption insurance to cover a period of not less than six (6) months. Tenant will further deposit with Landlord the policy or policies of such insurance or certificates thereof, or other acceptable evidence that such insurance is in effect, which evidence shall provide that Landlord shall be notified in writing thirty (30) days prior to cancellation, material change, or failure to renew the insurance. Tenant further covenants and agrees to indemnify and hold Landlord and Landlord's manager of the Community Center harmless for any claim, loss or damage, suffered by Landlord, Landlord's manager or Landlord's other tenants caused by: i) any act or omission by Tenant, Tenant's students, employees; ii) the conduct or management of any work or thing whatsoever done by Tenant in or about the Leased Premises or from transactions of the Tenant concerning the Leased Premises; or iii) Tenant's failure to comply with any and all governmental laws, rules, ordinances or regulations applicable to the use of the Leased Premises and its occupancy. If Tenant shall not comply with its covenants made in this Article 24, Landlord may, at its option, cause insurance as aforesaid to be issued and in such event Tenant agrees to pay the premium for such insurance promptly upon Landlord's demand. Notwithstanding the foregoing, Tenant shall not sell or dispense beer, wine, liquor or any other alcoholic beverages from the Leased Premises without the prior consent of Landlord, which consent Landlord may grant or withhold for any or no reason. B. Tenant shall be responsible for the security and safeguarding of the Leased Premises and all property kept, stored or maintained in the Leased Premises. Landlord will make available to Tenant, at Tenant's request, the plans and specifications for construction of the Community Center and the Leased Premises that Landlord has (if any). Tenant represents that it is satisfied that the construction of the Community Center and the Leased Premises, including the floors, walls, windows, doors and means of access thereto are suitable for the particular needs of Tenant's business. Tenant further represents that it is satisfied with the security of said Community Center and Leased Premises for the protection of any property which may be owned, held, stored or otherwise caused or permitted by Tenant to be present upon the Leased Premises. The placement and suf�ciency of all safes, vaults, cash or security drawers, cabinets or the like placed upon the Leased Premises by Tenant shall be at the sole responsibility and risk of Tenant. Tenant shall maintain in force throughout the Term, insurance upon all contents of the Leased Premises, including that owned by others and Tenant's equipment and any alterations, additions, fixtures, or improvements in the Leased Premises acknowledged by Landlord to be the Tenant's. C. Landlord shall carry and cause to be in full force and effect a�re and extended coverage insurance policy on the Community Center, but not Tenant's merchandise, trade fixtures, furnishings, operating equipment, wall, floor and window coverings, nor any other contents owned, leased or otherwise in possession of Tenant. ARTICLE 25 - NOTICES All notices from Tenant to Landlord required or permitted by any provisions of this Lease shall be directed to Landlord postage prepaid, certified or registered mail, at the address provided for Landlord in the preamble to this Lease or at such other address as Tenant shall be advised to use by Landlord. All notices from Landlord to Tenant required or permitted by any provision of this Lease shall be directed to Tenant, postage prepaid, certified or registered mail, at the Leased Premises and at the address, if any, set forth on the signature page of this Lease. Landlord and 17 zzi4s2�9 Tenant shall each have the right at any time and from time to time to designate one (1) additional party to whom copies of any notice shall be sent. ARTICLE 26 - APPLICABLE LAW This Lease shall be construed under the laws of the State of Minnesota. ARTICLE 27 - MECHANICS' LIEN In the event any valid and enforceable mechanic's lien shall at any time be filed against the Leased Premises or any part of Community Center or Property by reason of work, labor, services or materials performed or furnished to Tenant or to anyone holding the Leased Premises through or under Tenant, Tenant shall forthwith cause the same to be discharged of record. If Tenant shall fail to cause such lien forthwith to be discharged within five (5) days after being notified of the filing thereof, then, in addition to any other right or remedy of Landlord, Landlord may, but shall not be obligated to, discharge the same by paying the amount claimed to be due, or by bonding, and the amount so paid by Landlord and all costs and expenses, including reasonable attorneys' fees incurred by Landlord in procuring the discharge of such lien, shall be due and payable in full by Tenant to Landlord on demand. ARTICLE 28 - SECURITY INTEREST Tenant hereby grants to Landlord a security interest in all goods, chattels, �xtures and personal properry belonging to Tenant, which now are or may hereafter be placed in the Leased Premises, to secure all rents due hereunder and all other covenants and obligations of Tenant hereunder. Tenant hereby acknowledges receipt of a true, full and complete copy of this Lease. Landlord, in the event of a default by Tenant of any covenant or condition herein contained, may exercise, in addition to any rights and remedies herein granted, all the rights and remedies of a secured parry under the Uniform Commercial Code or any other applicable law. Tenant agrees upon request of Landlord to execute and deliver to Landlord a�nancing statement evidencing such security interest. A copy of this Lease may be filed as a financing statement. ARTICLE 29 - BROKERAGE Each of the parties represents and warrants that there are no claims for brokerage commissions or finder's fees in connection with this Lease, and agrees to indemnify the other against, and hold it harmless from all liabilities arising from any such claim, including without limitation, the cost of attorney's fees in connection therewith. ARTICLE 30 — ESTOPPEL CERTIFICATES Each party hereto agrees that at any time, and from time to time during the Term of this Lease (but not more often than annually), within ten (10) days after request by the other party hereto, it will execute, acknowledge and deliver to such other party or to any prospective purchaser, assignee or mortgagee designated by such other party, an estoppel certificate in a form acceptable to Landlord. Tenant agrees to allow Landlord to review (but not more often than twice in any calendar year), within �fteen (15) days of request, the then most current financial statements of 18 zzi4s2�9 Tenant and any guarantors of this Lease, which shall be certified by Tenant, and if available, shall be audited and certified by a certified public accountant. Landlord shall keep such financial statements confidential, except Landlord shall, in confidence, be entitled to disclose such �nancial statements to existing or prospective mortgagees or purchasers of the Community Center. ARTICLE 31 - GENERAL This Lease does not create the relationship of principal and agent or of partnership or of joint venture or of any association of any kind or nature between Landlord and Tenant, the sole relationship between Landlord and Tenant being that of landlord and tenant. No waiver of any default of either party hereunder shall be implied from any omission by that party 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. The covenants of Tenant to pay the Rent and the Additional Rental are each independent of any other covenant, condition, or provision contained in this Lease, except as provided to the contrary in this Lease. The marginal or topical headings of the several Articles, paragraphs and clauses are for convenience only and do not de�ne, limit or construe the contents of such Articles, paragraphs or clauses. All preliminary negotiations are merged into and incorporated in this Lease. This Lease can only be modified or amended by an agreement in writing signed by the parties hereto. All provisions hereof shall be binding upon the heirs, successors and assigns of each party hereto. If any term or provision of this Lease shall to any extent be held invalid or unenforceable, the remainder shall not be affected thereby, and each other term and provision of this Lease shall be valid and be enforced to the fullest extent permitted by law. If Tenant is a corporation or a limited liability company, each individual executing this Lease on behalf of said corporation or limited liability company represents and warrants that he or she is duly authorized to execute and deliver this Lease on behalf of said corporation or limited liability company in accordance with a duly adopted resolution of the Board of Directors of said corporation or Board of Governors of said limited liability company or in accordance with the Bylaws of said corporation or limited liability company, and that this Lease is binding upon said corporation or limited liability company in accordance with its terms. No receipt or acceptance by Landlord from Tenant of less than the monthly rent herein stipulated shall be deemed to be other than a partial payment on account for any due and unpaid stipulated rent; no endorsement or statement of any check or any letter or other writing accompanying any check or payment of rent to Landlord shall be deemed an accord and satisfaction, and Landlord may accept and negotiate such check or payment without prejudice to Landlord's rights to (i) recover the remaining balance of such unpaid rent or (ii) pursue any other remedy provided in this Lease. (Neither party shall record this Lease or any memorandum thereof, and any such recordation shall be a breach of this Lease void, and without effect.) Time is of the essence with respect to the due performance of the terms, covenants and conditions herein contained. Submission of this instrument for examination does not constitute a reservation of or option for the Leased Premises, and this Lease shall become effective only upon execution and delivery thereof by Landlord and Tenant. ARTICLE 32 - EXCULPATION Landlord's employees and officers and council members shall never be personally liable for any judgment held by Tenant against Landlord. Tenant's employees, officers and agents shall never be personally liable for any judgment held by Landlord against Tenant. 19 zzi4s2�9 IN WITNESS WHEREOF, this Lease has been duly executed by the parties hereto as of the day and year indicated above. LANDLORD: CITY OF ELK RIVER : And: John J. Dietz, Its Mayor Tina Allard, City Clerk TENANT: IBACKCHECK, PLLC By: Name: Christi Jo Christian Its: Chief Manager 20 zzi4s2�9 EXHIBIT "A" Depiction of Sport Therapy Facility/Leased Premises 21 zzi4s2�9 � � P, � d� � ,� i.ry��' d x���.�. ,i'�� " . � i - �.%� � . � f.... 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' 1 . . . . . . . . . .. . . ., , . . . .. . .. . . .. ... � i f � AtlOH o.�o.�a�.. � . . . . . ..r� i .p 4 � � ��� � �r =�^ _�^ , I I ��m��..l ��� LLVYi�� p����l ��� a�^ I a�� ��� ��^ I� I YO� w��� �I mw � r _ � � „ w t U' LL 0 aX K H �� -- — -- � �— ------------------'—-----� . — — — ----- _s— �---1— � — i_ — i a: � �� � � i �� �� i _ �.- _ �� -- _ � L.�r, � eB — _ �`W �..�..�,m O ���a \ I LL I � I �rc� � \ i a � a�e � O _=� � �-�" - - � — — --- — — — r--- o - � __ __ -_ �� 1 r w _ .. w. ., Y � w � 1 I ��� ��w ��m ��m �. ��I a�m L. J '^ � � Noudaddas � . . . .. . : . , i anoH � saiv�iaNi b 3Nf1 03HSd0� � �� ��� �� _ o_...�a._ �� �r --�---, � = = ��m , � ,� � � � I ��� ��� ���L J = ��m AtlMOIItlH . . .�•,�•��„@• � —. . � � 0 U .� ��� � � � ~ -O ca � � � � � O ��� r a� o �" I� � — � O �^:, �Je9��`� „os,�.-� a �� $� / I N� ry ��i �' ao �w= ��� _, � � � �� �m 3r =r �� 3I � � � W vl �N„ 30 �� �LLw w� 3 J �11 EXHIBIT "C" TENANT'S WORK Landlord shall deliver the Leased Premises in "AS IS" condition, except as hereinafter set forth and Tenant shall take the Leased Premises in its current "AS IS" condition without any other modi� cation or alterations to be performed by Landlord. Plans and Speci�cations and/or a description of improvements and/or modi�cations to the Leased Premises and/or the Property to be made by Landlord (if any) and/or the Tenant are attached as Exhibit "G1" and by this reference incorporated herein (hereafter called the "Plans") (if for any reason the Plans are not so attached hereto as Exhibit "G1" then Tenant must secure Landlord's written approval, prior to the doing of any "Tenant's Work", as de�ned below). The Plans, if so attached, ha�e been approved by each of Landlord and Tenant. The parties acknowledge that the Plans are to modify the Leased Premises and/or the Property to accommodate Tenant's intended use. Tenant shall be responsible for constructing and paying for the cost of the improvements as shown on the Plans (hereafter referred to as the "Tenant Improvements"). Landlord agrees to perform the following work, if any: concrete floor. Tenant shall not commence construction of the Tenant Improvements (the "Tenant's Work") until Tenant has complied with the terms, covenants and conditions of this Lease. Tenant's Work shall be performed in a�rst-class workmanlike manner and shall be in good and usable condition at the date of completion thereo£ Unless specifically set forth in the Plans to the contrary, Tenant's Work shall be as follows: A. General Requirements. l. Tenant shall provide insurance and all other documentation relating to Tenant's construction activities as required by the Landlord to the Limits stated in the Lease or as set forth below, whichever is greater. 2. Except as otherwise provided herein, all work undertaken by the Tenant shall be at Tenant's sole cost and expense. 3. Tenant's construction activities shall not damage or compromise the structural integrity of the Building and all work shall be done in accordance with the applicable building codes, laws and ordinances. The Tenant shall be held liable for any damage caused by the Tenant or Tenant's employees and/or Contractors. 4. Tenant shall be responsible for the cost of receipt of all deliveries and unloading of all materials pertaining to Tenant's construction activities. All deliveries shall be made through the service door (where provided). Storage of equipment and materials shall be con�ned to the Leased Premises unless consented to by Landlord, which consent shall not be reasonably withheld. 25 zzi4s2�9 5. Tenant shall keep the Building and the Leased Premises free from accumulations of debris caused by the Tenant's contractors and/or employees. Tenant shall arrange for services to be provided for the removal of debris during the period of Tenant's construction activity and on a continued basis thereafter. B. Exterior Work. Tenant shall perform no work which would in any way alter or modify the appearance or structural integrity of the building without prior written approval from the Landlord. C. Interior Work. Tenant shall provide all necessary work according to the Plans and all local code requirements. Tenant shall save, protect, indemnify and hold harmless Landlord, the Leased Premises and the building and land of which the Leased Premises are a part, from and against all claims in the nature of inechanics' liens arising out of either any contracts entered into, or any services, labor or materials rendered, with respect to the Tenant's Work or the Tenant Improvements. Tenant agrees to require all General Contractor engaged in the performance of Tenant's Work to effect and maintain and deliver to Tenant and Landlord certi� cates evidencing the existence of, prior to the commencement of Tenant's Work and until completion thereof, the following minimum msurance coverages: a. Workmen's Compensation Insurance - In accordance with the laws of the State where the Leased Premises are located, including Employer's Liability Insurance, to the limit of $100,000 each accident. b. Comprehensive General Liability Insurance against bodily injury, including death resulting therefrom, to the combined aggregate limits of $1,000,000. c. Automobile insurance, including "non-owned" automobiles against bodily injury, including death resulting therefrom, to the combined aggregate limit of $500,000 forpersonal injury, and againstproperty damage to the combined aggregate limit of $100,000. 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