LEASE GUARANTEE
GUARANTEE NO. 2265
LEASE INFORMATION:
LANDLORD: Name: Dollar Tree Stores, Inc., a Virginia corporation
Address: 000 Xxxxx Xxxxxxx
Xxxxxxxxxx, Xxxxxxxx 00000
Phone No.: (000) 000-0000 Fax No.: (000) 000-0000
TENANT: Name: Raytheon Service Company
Address: 0 Xxxxxxx Xxxx
Xxxxxxxxxx, XX 00000
Phone No.: (000) 000-0000 Fax No.: (000) 000-0000
LEASE DATA: Date of Lease: March 27, 1998
Premises: 0000 Xxxxxxxx Xxxxxx, Xxxxxxx, XX 00000
Square Footage: approx. 207,000 sq. ft. on 10 acres of land
Lease Term: 10 years
Commencement Date: 3/1/98
End Date: 2/28/2008
WHEREAS, Landlord is entering into an agreement described above with
Tenant, a wholly-owned subsidiary or affiliate of Raytheon Company, for the
lease agreement ("Lease") described above:
NOW, THEREFORE, in consideration of the foregoing, Raytheon Company
hereby guarantees all payments and charges due under the aforenoted Lease
payable by Tenant with respect to the Lease.
Raytheon Company's obligations under this Guarantee shall be subject to
and conditional upon the following: (1) Landlord will provide to Raytheon
Company written notice of any default of Tenant under the Lease at the same time
and by the same means as notice of such default is provided to Tenant pursuant
to the terms of the Lease, and Raytheon Company shall have the same opportunity
to cure such default as is provided Tenant under the terms of the Lease; (2)
there shall be no change in the material terms of the Lease without the prior
written consent of Raytheon Company. Raytheon Company's address for notices is
000 Xxxxxx Xxxxxx, Xxxxxxxxx, Xxxxxxxxxxxxx 00000-0000, Attn: Treasury
Department; and (3) Guarantor's obligation under this Guaranty shall be subject
to the same rights, offsets and defenses of Tenant under the Lease.
This Guarantee shall not be affected or diminished by any indulgence or
extension of time that may be granted by Landlord to Tenant, by Xxxxxx's
discharge in bankruptcy or by any assignment of the Lease by Tenant to a
subsidiary or affiliated corporation which is under common
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control of Tenant or Raytheon Company and shall be binding upon the successors
and assigns of Raytheon Company and inure to the benefit of Landlord's
successors and assigns.
This Guarantee is designated No. 2265 to distinguish it from other
Guarantees issued by Raytheon Company.
IN WITNESS WHEREOF, this instrument has been duly executed and sealed
by the undersigned as of the 26th day of March, 1998 in the town of Lexington,
Commonwealth of Massachusetts.
ATTEST: RAYTHEON COMPANY
/s/ Xxxx X. Xxxxxxx By: /s/ Xxxxxxx Xxxxxxxx
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Xxxx X. Xxxxxxx Xxxxxxx Xxxxxxxx
Assistant Secretary Senior Vice President - Treasurer
ACKNOWLEDGED AND AGREED:
LANDLORD:
DOLLAR TREE STORES, INC.,
a Virginia corporation
By: /s/ Xxxxx X. Xxxxx, Xx.
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Xxxxx X. Xxxxx, Xx.
President and Chief Executive
Officer
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