Common use of Land Rent Clause in Contracts

Land Rent. ‌ Land Rent, notwithstanding whether Exclusive Use or Preferential Use, is defined as that rent due and payable to the LESSOR by the LESSEE for the Land, as measured from the outer-most limits of the leased property Premises as set forth and shown on the attached Exhibit “A”. Upon Commencement Date of this Agreement, LESSEE shall pay Land Rent to LESSOR as follows: LAND RENT INITIAL TERM EXCLUSIVE USE - EXHIBIT A Leased Land Total of 129,816 sq. ft. Escalation rate = 3%/year Year Rate Per Sq. Ft. Annual Monthly 1-5 6/1/2021 - 5/31/2026 $0.4100 $53,224.56 $4,435.38 6 6/1/2026 - 5/31/2027 $0.4223 $54,821.28 $4,568.44 7 6/1/2027 - 5/31/2028 $0.4350 $56,469.96 $4,705.83 8 6/1/2028 - 5/31/2029 $0.4481 $58,170.60 $4,847.55 9 6/1/2029 - 5/31/2030 $0.4615 $59,910.12 $4,992.51 10 6/1/2030 - 5/31/2031 $0.4753 $61,701.60 $5,141.80 11 6/1/2031 - 5/31/2032 $0.4896 $63,557.88 $5,296.49 12 6/1/2032 - 5/31/2033 $0.5043 $65,466.24 $5,455.52 13 6/1/2033 - 5/31/2034 $0.5194 $67,426.44 $5,618.87 14 6/1/2034 - 5/31/2035 $0.5350 $69,451.56 $5,787.63 15 6/1/2035 - 5/31/2036 $0.5511 $71,541.60 $5,961.80 16 6/1/2036 - 5/31/2037 $0.5676 $73,683.60 $6,140.30 17 6/1/2037 - 5/31/2038 $0.5846 $75,890.40 $6,324.20 18 6/1/2038 - 5/31/2039 $0.6021 $78,162.24 $6,513.52 19 6/1/2039 - 5/31/2040 $0.6202 $80,511.84 $6,709.32 20 6/1/2040 - 5/31/2041 $0.6388 $82,926.48 $6,910.54 LAND RENT OPTION TERM EXCLUSIVE USE - EXHIBIT A Leased Land Total of 129,816 sq. ft. Escalation rate = 3%/year 1 6/1/2041 - 5/31/2042 $0.6580 $85,418.88 $7,118.24 2 6/1/2042 - 5/31/2043 $0.6777 $87,976.32 $7,331.36 3 6/1/2043 - 5/31/2044 $0.6980 $90,611.52 $7,550.96 4 6/1/2044 - 5/31/2045 $0.7189 $93,324.72 $7,777.06 5 6/1/2045 - 5/31/2046 $0.7405 $96,128.76 $8,010.73 6 6/1/2046 - 5/31/2047 $0.7627 $99,010.68 $8,250.89 7 6/1/2047 - 5/31/2048 $0.7856 $101,983.44 $8,498.62 8 6/1/2048 - 5/31/2049 $0.8092 $105,047.16 $8,753.93 9 6/1/2049 - 5/31/2050 $0.8335 $108,201.60 $9,016.80 10 6/1/2050 - 5/31/2051 $0.8585 $111,447.00 $9,287.25

Land Rent. ‌ Land Rent, notwithstanding whether Exclusive Use or Preferential Use, Rent is defined as that rent due and payable to the LESSOR by the LESSEE for the Land, as measured from the outer-most limits of the leased property Premises as set forth and shown on the attached Exhibit “A”. Upon Commencement Date of this Agreement, LESSEE shall pay Land Rent to LESSOR as follows: LAND RENT INITIAL TERM EXCLUSIVE USE - EXHIBIT A Leased Land Total of 129,816 48,608 sq. ft. Escalation rate = 3%/year Year 1% annually Years Rate Per Sq. Ft. Annual Monthly 1 10/1/2023 - 9/30/2024 0.2410 $11,714.52 $976.21 2 10/1/2024 - 9/30/2025 0.2434 $11,831.64 $985.97 3 10/1/2025 - 9/30/2026 0.2458 $11,949.96 $995.83 4 10/1/2026 - 9/30/2027 0.2483 $12,069.48 $1,005.79 5 10/1/2027 - 9/30/2028 0.2508 $12,190.20 $1,015.85 6 10/1/2028 - 9/30/2029 0.2533 $12,312.12 $1,026.01 7 10/1/2029 - 9/30/2030 0.2558 $12,435.24 $1,036.27 8 10/1/2030 - 9/30/2031 0.2584 $12,559.56 $1,046.63 9 10/1/2031 - 9/30/2032 0.2610 $12,685.20 $1,057.10 10 10/1/2032 - 9/30/2033 0.2636 $12,812.04 $1,067.67 11 10/1/2033 - 9/30/2034 0.2662 $12,940.08 $1,078.34 12 10/1/2034 - 9/30/2035 0.2689 $13,069.56 $1,089.13 13 10/1/2035 - 9/30/2036 0.2716 $13,200.24 $1,100.02 14 10/1/2036 - 9/30/2037 0.2743 $13,332.24 $1,111.02 15 10/1/2037 - 9/30/2038 0.2770 $13,465.56 $1,122.13 16 10/1/2038 - 9/30/2039 0.2798 $13,600.20 $1,133.35 17 10/1/2039 - 9/30/2040 0.2826 $13,736.16 $1,144.68 18 10/1/2040 - 9/30/2041 0.2854 $13,873.56 $1,156.13 19 10/1/2041 - 9/30/2042 0.2883 $14,012.28 $1,167.69 20 10/1/2042 - 9/30/2043 0.2912 $14,152.44 $1,179.37 5. FACILITY RENT Facility Rent is defined as that rent due and payable to the LESSOR by the LESSEE for the structures, and appurtenances thereto, upon the Land as measured from the outer-most vertical surfaces of the structures as set forth and shown on the attached Exhibit “A”. Facility Rent for all facilities shall commence on May 1, 2032 and shall be set at the then-5 6/1/2021 - 5/31/2026 $0.4100 $53,224.56 $4,435.38 6 6/1/2026 - 5/31/2027 $0.4223 $54,821.28 $4,568.44 7 6/1/2027 - 5/31/2028 $0.4350 $56,469.96 $4,705.83 8 6/1/2028 - 5/31/2029 $0.4481 $58,170.60 $4,847.55 9 6/1/2029 - 5/31/2030 $0.4615 $59,910.12 $4,992.51 10 6/1/2030 - 5/31/2031 $0.4753 $61,701.60 $5,141.80 11 6/1/2031 - 5/31/2032 $0.4896 $63,557.88 $5,296.49 12 6/1/2032 - 5/31/2033 $0.5043 $65,466.24 $5,455.52 13 6/1/2033 - 5/31/2034 $0.5194 $67,426.44 $5,618.87 14 6/1/2034 - 5/31/2035 $0.5350 $69,451.56 $5,787.63 15 6/1/2035 - 5/31/2036 $0.5511 $71,541.60 $5,961.80 16 6/1/2036 - 5/31/2037 $0.5676 $73,683.60 $6,140.30 17 6/1/2037 - 5/31/2038 $0.5846 $75,890.40 $6,324.20 18 6/1/2038 - 5/31/2039 $0.6021 $78,162.24 $6,513.52 19 6/1/2039 - 5/31/2040 $0.6202 $80,511.84 $6,709.32 20 6/1/2040 - 5/31/2041 $0.6388 $82,926.48 $6,910.54 LAND RENT OPTION TERM EXCLUSIVE USE - EXHIBIT A Leased Land Total current market rent of 129,816 sqsuch facilities, structures, fixtures and improvements as determined by a single independent third-party licensed and accredited commercial property appraiser with aviation and airport property market experience. ft. Escalation rate = 3%/year 1 6/1/2041 - 5/31/2042 $0.6580 $85,418.88 $7,118.24 2 6/1/2042 - 5/31/2043 $0.6777 $87,976.32 $7,331.36 3 6/1/2043 - 5/31/2044 $0.6980 $90,611.52 $7,550.96 4 6/1/2044 - 5/31/2045 $0.7189 $93,324.72 $7,777.06 5 6/1/2045 - 5/31/2046 $0.7405 $96,128.76 $8,010.73 6 6/1/2046 - 5/31/2047 $0.7627 $99,010.68 $8,250.89 7 6/1/2047 - 5/31/2048 $0.7856 $101,983.44 $8,498.62 8 6/1/2048 - 5/31/2049 $0.8092 $105,047.16 $8,753.93 9 6/1/2049 - 5/31/2050 $0.8335 $108,201.60 $9,016.80 10 6/1/2050 - 5/31/2051 $0.8585 $111,447.00 $9,287.25The appraiser shall be selected by agreement of the Parties.

Land Rent. ‌ Land Rent, notwithstanding whether Exclusive Use or Preferential Use, Rent is defined as that rent due and payable to the LESSOR by the LESSEE for the Land, as measured from the outer-most limits of the leased property Premises as set forth and shown on the attached Exhibit “A”. Upon Commencement Date of this Agreement, LESSEE shall pay Land Rent to LESSOR as follows: LAND RENT INITIAL TERM EXCLUSIVE USE - EXHIBIT A 0000 X. Xxxxxx Xxxxx Leased Land Total of 129,816 74,499 sq. ft. Escalation rate = 3%/year 2%/year Year Rate Per Sq. Ft. Annual Monthly 1-1 4/1/2022 - 3/31/2023 $0.4182 $31,155.48 $2,596.29 2 4/1/2023 - 3/31/2024 $0.4266 $31,781.28 $2,648.44 3 4/1/2024 - 3/31/2025 $0.4351 $32,414.52 $2,701.21 4 4/1/2025 - 3/31/2026 $0.4438 $33,062.64 $2,755.22 5 6/1/2021 4/1/2026 - 5/31/2026 3/31/2027 $0.4100 0.4527 $53,224.56 33,725.64 $4,435.38 2,810.47 6 6/1/2026 4/1/2027 - 5/31/2027 3/31/2028 $0.4223 0.4618 $54,821.28 34,403.64 $4,568.44 2,866.97 7 6/1/2027 4/1/2028 - 5/31/2028 3/31/2029 $0.4350 0.4710 $56,469.96 35,089.08 $4,705.83 2,924.09 8 6/1/2028 4/1/2029 - 5/31/2029 3/31/2030 $0.4481 0.4804 $58,170.60 35,789.28 $4,847.55 2,982.44 9 6/1/2029 4/1/2030 - 5/31/2030 3/31/2031 $0.4615 0.4900 $59,910.12 36,504.48 $4,992.51 3,042.04 10 6/1/2030 4/1/2031 - 5/31/2031 3/31/2032 $0.4753 0.4998 $61,701.60 37,234.56 $5,141.80 3,102.88 11 6/1/2031 4/1/2032 - 5/31/2032 3/31/2033 $0.4896 0.5098 $63,557.88 37,979.64 $5,296.49 3,164.97 12 6/1/2032 4/1/2033 - 5/31/2033 3/31/2034 $0.5043 0.5200 $65,466.24 38,739.48 $5,455.52 3,228.29 13 6/1/2033 4/1/2034 - 5/31/2034 3/31/2035 $0.5194 0.5304 $67,426.44 39,514.32 $5,618.87 3,292.86 14 6/1/2034 4/1/2035 - 5/31/2035 3/31/2036 $0.5350 0.5410 $69,451.56 40,303.92 $5,787.63 3,358.66 15 6/1/2035 4/1/2036 - 5/31/2036 3/31/2037 $0.5511 0.5518 $71,541.60 41,108.52 $5,961.80 3,425.71 16 6/1/2036 4/1/2037 - 5/31/2037 3/31/2038 $0.5676 0.5628 $73,683.60 41,928.00 $6,140.30 3,494.00 17 6/1/2037 4/1/2038 - 5/31/2038 3/31/2039 $0.5846 0.5741 $75,890.40 42,769.92 $6,324.20 3,564.16 18 6/1/2038 4/1/2039 - 5/31/2039 3/31/2040 $0.6021 0.5856 $78,162.24 43,626.60 $6,513.52 3,635.55 19 6/1/2039 4/1/2040 - 5/31/2040 3/31/2041 $0.6202 0.5973 $80,511.84 44,498.28 $6,709.32 3,708.19 20 6/1/2040 4/1/2041 - 5/31/2041 3/31/2042 $0.6388 0.6092 $82,926.48 45,384.84 $6,910.54 3,782.07 LAND RENT FIRST OPTION TERM EXCLUSIVE USE - EXHIBIT A 0000 X. Xxxxxx Xxxxx Leased Land Total of 129,816 74,499 sq. ft. Escalation rate = 3%/year 1 6/1/2041 2%/year Year Rate Per Sq. Ft. Annual Monthly 21 4/1/2042 - 5/31/2042 3/31/2043 $0.6580 0.6214 $85,418.88 46,293.72 $7,118.24 2 6/1/2042 3,857.81 22 4/1/2043 - 5/31/2043 3/31/2044 $0.6777 0.6338 $87,976.32 47,217.48 $7,331.36 3 6/1/2043 3,934.79 23 4/1/2044 - 5/31/2044 3/31/2045 $0.6980 0.6465 $90,611.52 48,163.56 $7,550.96 4 6/1/2044 4,013.63 24 4/1/2045 - 5/31/2045 3/31/2046 $0.7189 0.6594 $93,324.72 49,124.64 $7,777.06 5 6/1/2045 4,093.72 25 4/1/2046 - 5/31/2046 3/31/2047 $0.7405 0.6726 $96,128.76 50,108.04 $8,010.73 6 6/1/2046 4,175.67 LAND RENT SECOND OPTION TERM 0000 X. Xxxxxx Xxxxx Leased Land Total of 74,499 sq. ft. Escalation rate = 2%/year Year Rate Per Sq. Ft. Annual Monthly 26 4/1/2047 - 5/31/2047 3/31/2048 $0.7627 0.6861 $99,010.68 51,113.76 $8,250.89 7 6/1/2047 4,259.48 27 4/1/2048 - 5/31/2048 3/31/2049 $0.7856 0.6998 $101,983.44 52,134.36 $8,498.62 8 6/1/2048 4,344.53 28 4/1/2049 - 5/31/2049 3/31/2050 $0.8092 0.7138 $105,047.16 53,177.40 $8,753.93 9 6/1/2049 4,431.45 29 4/1/2050 - 5/31/2050 3/31/2051 $0.8335 0.7281 $108,201.60 54,242.76 $9,016.80 10 6/1/2050 4,520.23 30 4/1/2051 - 5/31/2051 3/31/2052 $0.8585 0.7427 $111,447.00 55,330.44 $9,287.254,610.87

Land Rent. ‌ Land Rent, notwithstanding whether Exclusive Use or Preferential Use, Rent is defined as that rent due and payable to the LESSOR by the LESSEE for the Land, as measured from the outer-most limits of the leased property Premises as set forth and shown on the attached Exhibit “A”. Upon Commencement Date of this Agreement, LESSEE shall pay Land Rent to LESSOR as follows: LAND RENT INITIAL TERM EXCLUSIVE USE - EXHIBIT A 0000 Xxxxxxx Xxxx Leased Land Total of 129,816 75,061 sq. ft. Escalation rate = 3%/year 2%/year Year Rate Per Sq. Ft. Annual Monthly 1-1 4/1/2022 - 3/31/2023 $0.4182 $31,390.56 $2,615.88 2 4/1/2023 - 3/31/2024 $0.4266 $32,021.04 $2,668.42 3 4/1/2024 - 3/31/2025 $0.4351 $32,659.08 $2,721.59 4 4/1/2025 - 3/31/2026 $0.4438 $33,312.12 $2,776.01 5 6/1/2021 4/1/2026 - 5/31/2026 3/31/2027 $0.4100 0.4527 $53,224.56 33,980.16 $4,435.38 2,831.68 6 6/1/2026 4/1/2027 - 5/31/2027 3/31/2028 $0.4223 0.4618 $54,821.28 34,663.20 $4,568.44 2,888.60 7 6/1/2027 4/1/2028 - 5/31/2028 3/31/2029 $0.4350 0.4710 $56,469.96 35,353.68 $4,705.83 2,946.14 8 6/1/2028 4/1/2029 - 5/31/2029 3/31/2030 $0.4481 0.4804 $58,170.60 36,059.28 $4,847.55 3,004.94 9 6/1/2029 4/1/2030 - 5/31/2030 3/31/2031 $0.4615 0.4900 $59,910.12 36,779.88 $4,992.51 3,064.99 10 6/1/2030 4/1/2031 - 5/31/2031 3/31/2032 $0.4753 0.4998 $61,701.60 37,515.48 $5,141.80 3,126.29 11 6/1/2031 4/1/2032 - 5/31/2032 3/31/2033 $0.4896 0.5098 $63,557.88 38,266.08 $5,296.49 3,188.84 12 6/1/2032 4/1/2033 - 5/31/2033 3/31/2034 $0.5043 0.5200 $65,466.24 39,031.68 $5,455.52 3,252.64 13 6/1/2033 4/1/2034 - 5/31/2034 3/31/2035 $0.5194 0.5304 $67,426.44 39,812.40 $5,618.87 3,317.70 14 6/1/2034 4/1/2035 - 5/31/2035 3/31/2036 $0.5350 0.5410 $69,451.56 40,608.00 $5,787.63 3,384.00 15 6/1/2035 4/1/2036 - 5/31/2036 3/31/2037 $0.5511 0.5518 $71,541.60 41,418.60 $5,961.80 3,451.55 16 6/1/2036 4/1/2037 - 5/31/2037 3/31/2038 $0.5676 0.5628 $73,683.60 42,244.32 $6,140.30 3,520.36 17 6/1/2037 4/1/2038 - 5/31/2038 3/31/2039 $0.5846 0.5741 $75,890.40 43,092.48 $6,324.20 3,591.04 18 6/1/2038 4/1/2039 - 5/31/2039 3/31/2040 $0.6021 0.5856 $78,162.24 43,955.76 $6,513.52 3,662.98 19 6/1/2039 4/1/2040 - 5/31/2040 3/31/2041 $0.6202 0.5973 $80,511.84 44,833.92 $6,709.32 3,736.16 20 6/1/2040 4/1/2041 - 5/31/2041 3/31/2042 $0.6388 0.6092 $82,926.48 45,727.20 $6,910.54 3,810.60 LAND RENT FIRST OPTION TERM EXCLUSIVE USE - EXHIBIT A 0000 Xxxxxxx Xxxx Leased Land Total of 129,816 75,061 sq. ft. Escalation rate = 3%/year 1 6/1/2041 2%/year Year Rate Per Sq. Ft. Annual Monthly 21 4/1/2042 - 5/31/2042 3/31/2043 $0.6580 0.6214 $85,418.88 46,642.92 $7,118.24 2 6/1/2042 3,886.91 22 4/1/2043 - 5/31/2043 3/31/2044 $0.6777 0.6338 $87,976.32 47,573.64 $7,331.36 3 6/1/2043 3,964.47 23 4/1/2044 - 5/31/2044 3/31/2045 $0.6980 0.6465 $90,611.52 48,526.92 $7,550.96 4 6/1/2044 4,043.91 24 4/1/2045 - 5/31/2045 3/31/2046 $0.7189 0.6594 $93,324.72 49,495.20 $7,777.06 5 6/1/2045 4,124.60 25 4/1/2046 - 5/31/2046 3/31/2047 $0.7405 0.6726 $96,128.76 50,486.04 $8,010.73 6 6/1/2046 4,207.17 LAND RENT SECOND OPTION TERM 0000 Xxxxxxx Xxxx Leased Land Total of 75,061 sq. ft. Escalation rate = 2%/year Year Rate Per Sq. Ft. Annual Monthly 26 4/1/2047 - 5/31/2047 3/31/2048 $0.7627 0.6861 $99,010.68 51,499.32 $8,250.89 7 6/1/2047 4,291.61 27 4/1/2048 - 5/31/2048 3/31/2049 $0.7856 0.6998 $101,983.44 52,527.72 $8,498.62 8 6/1/2048 4,377.31 28 4/1/2049 - 5/31/2049 3/31/2050 $0.8092 0.7138 $105,047.16 53,578.56 $8,753.93 9 6/1/2049 4,464.88 29 4/1/2050 - 5/31/2050 3/31/2051 $0.8335 0.7281 $108,201.60 54,651.96 $9,016.80 10 6/1/2050 4,554.33 30 4/1/2051 - 5/31/2051 3/31/2052 $0.8585 0.7427 $111,447.00 55,747.80 $9,287.254,645.65