LEASE AGREEMENT BETWEEN EDGEWOOD GENERAL PARTNERSHIP “Lessor/Landlord” AND METASTORM, INC., a Maryland corporation “Lessee/Tenant”

Exhibit 10.14

LEASE AGREEMENT

BETWEEN

EDGEWOOD GENERAL PARTNERSHIP

“Lessor/Landlord”

AND

METASTORM, INC., a Maryland corporation

“Lessee/Tenant”

LEASE INDEX

Items		ITEM NO.

	DEFINITIONS	1

	PREMISES AND TERM	2

	RENT	3

	OPERATING EXPENSE ADJUSTMENTS	4

	USE OF PREMISES	5

	ASSIGNMENT AND SUBLETTING	6

	ACCESS TO PREMISES	7

	LANDLORD’S SERVICES	8

	ELECTRICAL OVERLOAD; STRUCTURAL OVERLOAD	9

	PARKING AREAS	10

	LEASEHOLD IMPROVEMENTS	11

	REPAIRS AND MAINTENANCE	12

	ALTERATIONS AND IMPROVEMENTS	13

	END OF TERM	14

	INDEMNITY	15

	WAIVER OF CLAIMS, WAIVER OF SUBROGATION	16

	DAMAGE BY FIRE OR THE ELEMENTS	17

	BUILDING RULES AND REGULATIONS	18

	EMINENT DOMAIN	19

	SIGNS AND ADVERTISING	20

	TENANTS DEFAULT	21

	CONTRACTUAL LANDLORDS LIEN	22

	SUBORDINATION	23

	QUIET ENJOYMENT	24

	SECURITY DEPOSIT	25

	MECHANIC’S LIENS	26

	FORCE MAJEURE	27

	SEVERABILITY	28

	HOLDING OVER	29

	RELOCATION	30

	RENT A SEPARATE COVENANT	31

	JOINT AND SEVERAL LIABILITY; CHANGE IN BUSINESS FORM	32

	ABSENCE OF OPTION	33

	CORPORATE TENANCY	34

	BROKERAGE COMMISSION	35

	LANDLORD’S DEFAULT	36

	NOTICES	37

	INSURANCE	38

	RECORDING	39

	STATUTORILY MANDATED NOTIFICATION	40

	XXX-XXXXXXXXXX	00

	XXXXXXXXX XXXXXXXXX	00

	XXX	00

	AMENDMENTS	44

	INTERLINEATION	45

	TENANT WARRANTY	46

	OPTION TO RENEW	47

	RIGHT OF FIRST REFUSAL (ROFR)	48

	SIGNATURE PAGE

EXHIBIT(S)

PREMISES		A

LANDLORD’S WORK		B

BUILDING RULES AND REGULATIONS		C

LEGAL DESCRIPTION		D

LEASE AGREEMENT

THIS LEASE AGREEMENT (“Lease”) is made this 11^th day of April, 2006, by and between the “Landlord” and the “Tenant” hereafter set forth.

WITNESSETH:

1. DEFINITIONS: In addition to the definitions contained elsewhere in this Lease, the following definitions shall apply:

(a)

Landlord:	Edgewood General Partnership
Address:	0000 Xxxxx Xxxxxxxxx Xxxxxxxxx, Xxxxx 000
	Xxxxx, Xxxxxxx 00000

(b)

Tenant:	Metastorm, Inc., a Maryland corporation
Address:	000 Xxxx Xxxxx Xxxxxx, Xxxxx 0000
	Xxxxxxxxx, Xxxxxxxx 00000

(c) Premises: Suite No. 450 consisting of approximately 7,846 rentable square feet (which the parties expressly agree are contained in the Premises), on the attached Exhibit “A” expressly made a part hereof. The Premises are located on the fourth floor of the structure, hereinafter called the “Building”, located at 0000 X. Xxxxxxxxx Xxxx., Xxxxx, XX 00000. The parties expressly agree that there are 7,846 rentable square feet according to BOMA standards within the Premises and 145,923 rentable square feet within the Building. For the purposes of Items 1(i), and 5, 11, and 15 of this Lease, the term “Building” includes its appurtenances, and its parking facilities.

(d) “Use of Premises”: General and Administrative

(e) “Commencement Date”: The term shall commence on the earlier of the date that Tenant takes possession of the Premises or five (5) days after Landlord notifies Tenant that the Premises are ready for occupancy (the “Commencement Date”), which is estimated to be June 15, 2006 (provided that a Lease is signed and presented to Landlord on or before April 1, 2006 and that a final space plan has been acknowledged, in writing, by Tenant on or before April 1, 2006) and end on the last day of the calendar month which is eighty-five (85) months after the Commencement Date (the “Termination Date”), unless renewed, terminated or extended on the terms and conditions set forth herein. Each of the parties agrees, upon demand of the other, to execute a Commencement Agreement establishing a Commencement Date as soon as it has been determined. In the event the Commencement Date occurs on any date other than the first day of the month (hereafter “Fractional Month”), the lease term shall commence on the Commencement Date and end on the last day of the eighty-fourth (84th) full month following the Commencement Date. The rental rates for the periods set forth in 1(g) below shall commence on the first day of the first full month following the Commencement Date. Notwithstanding the foregoing, if Tenant, with Landlord’s consent, shall occupy the Leased Premises prior to the

beginning of the Lease Term as specified hereinabove, all provisions of this Lease, excluding the payment of Rent, shall be in full force and effect commencing upon such occupancy.

(f) “Term”: Not less than eighty-four (84) months commencing on the Commencement Date, this Lease to end on the last day of the eighty-fourth (84^th) calendar month after the Commencement Date.

(g) “Rent”: (See also Item 3.) Rent and all other sums payable by Tenant to Landlord under this lease, plus any applicable tax, shall be paid to Landlord, without demand, recoupment, abatement, deduction or offset, at its office presently located at 0000 Xxxxx Xxxxxxxxx Xxxxxxxxx, Xxxxx 000, Xxxxx, Xxxxxxx 00000, or at such other place as Landlord may hereafter specify in writing. Tenant shall not prepay rent other than for the next upcoming month, without Landlord’s prior written consent to do so. In the event that Tenant does prepay rent other than for the next upcoming month, Landlord may reject all prepaid rent tendered and return same to Tenant at the notice address contained herein.

TERM	BASE RENTAL RATE*		MONTHLY RATE

06/15/06 – 07/31/07	$	22.50	$	14,711.25
08/01/07 – 07/31/08	$	23.40	$	15,299.70
08/01/08 – 07/31/09	$	24.34	$	15,914.30
08/01/09 – 07/31/10	$	25.31	$	16,548.52
08/01/10 – 07/31/11	$	26.32	$	17,208.89
08/01/11 – 07/31/12	$	27.37	$	17,895.42
08/01/12 – 07/31/13	$	28.47	$	18,614.64

*plus applicable State sales tax

(h) “Base Year” means the calendar year in which the Lease commences.

(i) “Operating Expense Base Amount” means the operating expenses of the Building, as defined at Item 4 hereof, in the Base Year of this Lease.

(j) “Real Estate Tax Base Amount” means the total amount of real property taxes on the Land and Building, as defined at Item 4 hereof’, in the Base Year of this Lease.

(k) ‘Proportionate Share”: The net rentable area in the Premises (7,846 square feet) divided by the net rentable area in the Building (145,923 square fee:), which equals 5.38 percent. If Tenant leases from Landlord any additional space in the Building pursuant to the terms and provisions of this Lease, then Tenant’s Proportionate Share shall be increased accordingly.

(l) “Additional Rent”: As described in Item 3 of this Lease.

(m) “Land”: Land shall mean real property described in Exhibit D.

(n) “Building”: Building shall mean the improvements presently or hereafter constructed on the Land.

2. PREMISES AND TERM. Landlord, in consideration of the Rent hereinafter reserved to be paid and of the covenants, conditions and agreements to be kept and performed by Tenant, hereby leases, lets and demises in Tenant, and Tenant hereby leases and hires from Landlord, that certain space called the Premises as described above in Item 1, Section (c).

If Landlord, for any reason whatsoever, cannot deliver possession of the Premises to Tenant on or before the anticipated Commencement Date, this Lease shall not be void or voidable, nor shall Landlord be liable to Tenant for any claim, loss or damage resulting therefrom, but, in that event, there shall be an abatement of Rent and Additional Rent covering the period between the anticipated Commencement Date and the time when Landlord can so deliver possession, the date when Landlord can so deliver possession being deemed to be the “Commencement Date” (Commencement Date). Notwithstanding the foregoing, in the event Landlord fails to deliver the Premises to Tenant on or before September 15, 2006, Tenant shall have the right to terminate this Lease but only to the extent that Landlord’s inability to deliver the Premises is not caused by situations beyond Landlord’s control, which are more particularly set forth in Section 27 of this Lease. Tenant shall not have the right to terminate this Lease if such delays as set forth above are caused directly or indirectly by Tenant or its representatives or invitees. The ending date of this Lease shall be extended for not less than an identical period of time that transpired between the anticipated Commencement Date and the date thereafter Landlord so delivered possession (Commencement Date), it being the parties’ intent that this Lease have not less than a complete Term as described and contemplated in Item 1, Section (f) above. To this end, if the actual Commencement Date is a day other than the first day of a particular month, the Term of this Lease shall not expire until the last day of the last month of the proposed Term as described in Item 1, Section (g). If the Commencement Date is other than the anticipated Commencement Date, the parties representatives shall execute a letter amendment to this Lease (which they are hereby authorized to do) whereby the Commencement Date and expiration date of this Lease will he specified; however, their failure to do so shall have no effect on the other contents of this Lease, such contemplated execution to be merely for clarification purposes. By occupying the Premises, excluding the completion of punch list items if any, Tenant shall be conclusively deemed to have accepted the Premises as complying fully with each, every, any and all of Landlord’s covenants and obligations with respect to the delivery thereof. Tenant shall also have the non-exclusive right to use the parking facilities appurtenant to the Building. Reserved parking spaces in the parking garage are available to Tenant at Landlord’s standard rates, which are subject to change from time to time as deemed appropriate by Landlord at its sole discretion.

3. RENT. Tenant covenants and agrees to pay without demand, recoupment, abatement, deduction or offset, to Landlord Rent (and Additional Rent) for the Premises on or before the first (1st) day of the first (1st) full calendar month of the Term hereof and on or before the first (1st) day of each and every successive calendar month thereafter during the full Term of this Lease, subject to the adjustments as provided hereinafter, along with any applicable tax, at the rate in effect at the time of each such payment (currently seven (7%) percent. Upon Tenant’s execution of this Lease, Tenant shall submit with the signed Lease the first month’s rent as defined in Section 1(g). In the event the Commencement Date occurs on a day other than the first (1st) day of a calendar month, the first Rent payment shall be in the amount of the Rent for one (1) full calendar month, plus the prorated Rent for the calendar month in which the Term of this Lease commences, such payment to be due on the Commencement Date. Landlord shall be

responsible for directing such tax to the appropriate taxing authority in a timely fashion, on or before the same is due, and shall be liable for any late fees or charges for failure to comply with this requirement.

Whenever under the terms of this Lease any sum of money is required to be paid by Tenant in addition to the Rent herein reserved, whether or not such sum is herein described as “Additional Rent”, or a provision is made for the collection of said sum as “Additional Rent” said sum shall nevertheless, at Landlord’s option, if not paid when due, be deemed Additional Rent, and shall be collectible as such with the first installment of Rent thereafter falling due hereunder. In the event any installment or increment of Rent or Additional Rent payable under this Lease shall not be received by Landlord within five (5) business days of the date due, a “late charge” of five percent (5%) of the amount overdue may be charged (as Additional Rent) by Landlord for the purpose of defraying the expense and inconvenience incident to handling such overdue payment and for the purpose of compensating Landlord for its attendant inconvenience and loss of cash flow.

4. OPERATING EXPENSE ADJUSTMENTS. The Landlord and Tenant each acknowledge that the Rent specified in Item 3 of this Lease does not provide for increases in operating expenses and real estate taxes in excess of the Base Year Amounts. Accordingly, during the term of this Lease, and any extension(s) thereto, beginning with the first calendar year subsequent to the Base Year, Tenant shall pay to Landlord, as additional rent, its proportionate share of estimated increases in operating expenses and real estate taxes over the Base Year Amounts. Notwithstanding any language in the Lease seemingly to the contrary, if the Building is not fully occupied during the Base Year, actual Operating Expenses and Real Estate Taxes will be determined for the Base Year as if the Building had been fully occupied during such year. For the purposes of this Lease, “fully occupied” means the greater of actual occupancy or 95% of the rentable area in the Building.

Commencing on January 1 of the calendar year following the Base Year and continuing on the first day of each calendar month thereafter until the expiration or other termination of this Lease, Tenant shall pay to Landlord, as additional monthly rental, an amount equal to one-twelfth of the Tenant’s Proportionate Share of the amount by which budgeted operating expenses and real estate taxes for the current calendar year exceeds the Base Year Amounts. In the event the amount of additional monthly rental collection hereunder for the preceding twelve month period is less than the actual excesses for such year, Tenant shall remit the balance thereof to the Landlord within five (5) business days after the receipt of such notice. In the event the amount of additional monthly rental collection hereunder for the preceding twelve month period is greater than the actual excesses for such period, Landlord shall remit the difference to the Tenant accompanied by said notice.

The term “operating expenses” includes all expenses incurred by Landlord with respect to the maintenance and operation of the Building of which the leased “Premises” are a part, including, but not limited to, the following: maintenance, repair and replacement costs; electricity, fuel, water, sewer, gas and other utility charges; security, window washing and janitorial services; trash; landscaping and pest control; management fees, wages and benefits payable to employees of Landlord whose duties are directly connected with the operation and maintenance of the Building; all services, supplies, repairs, replacements or other expenses for

maintaining and operating the Building or project including parking and common areas; the cost, including interest, amortized over its useful life, of any capital improvements made to the Building by Landlord after the date of this Lease which is required under any governmental law or regulation that was not applicable to the Building at the time it was constructed; the cost, including interest, amortized over its useful life, of installation of any device or other equipment for the purpose of improving operating efficiency; all other expenses which would generally be regarded as operating and maintenance expenses which would reasonably be amortized over a period not to exceed five years; all insurance premiums Landlord is required to pay or deems necessary to pay, including public liability insurance, with respect to the Building. The term operating expenses does not include the following: repairs, restoration or other work occasioned by fire, wind, the elements or other casualty; income and franchise taxes of Landlord; real estate broker’s commissions, attorney’s fees, costs and disbursements and other expenses incurred in connection with negotiations or disputes with Tenants, other occupants; advertising expenses and expenses for the renovating of space for new Tenants; interest or principal payments on any mortgage or other indebtedness of Landlord; any depreciation allowance or expense; or operating expenses which are the responsibility of Tenant. Notwithstanding the foregoing, Landlord shall provide a cap of 5% on all controllable Operating Expenses. Controllable Operating Expenses do not include Utilities, Building Insurance and Real Estate Taxes.

The term “Taxes” means the aggregate amount of real property taxes and assessments taxes, assessed, imposed, or levied by any lawful authority upon the Land and the Building in any calendar year during the term of this Lease; and, shall also include administrative costs and contingency fees paid to independent consultants engaged to negotiate, on behalf of Landlord, assessments imposed by applicable taxing authorities.

If Landlord, in its sole discretion in operating the Building, chooses to install any energy or labor saving devices, equipment, fixtures or appliances to or in the Building that otherwise might be considered a capital expenditure, then Landlord may depreciate the cost of the equipment, device, appliance or fixture into the Operating Expenses of the Building, including interest at a reasonable rate, all depreciated on an annual basis up to the amount of the savings during each such annual period or prorate portion thereof, until such time as the cost has been 100% depreciated.

Landlord shall maintain records concerning estimated and actual Operating Expenses with respect to the Building and the Premises for no less than twelve (12) months following the period covered by the statement or statements furnished Tenant, after which time Landlord may dispose of such records unless Tenant has initiated an audit with respect to such period, in which event Landlord shall maintain such records for such reasonable time as Tenant may require to complete its audit. Tenant may, at Tenant’s costs and expense, cause an inspection and audit by an auditor of Tenant’s choice of Landlord’s records, provided any such inspection shall be conducted no more than once each year during Landlord’s normal business hours. Any errors disclosed by the review shall be promptly corrected by Landlord; provide, however, that if Landlord disagrees with any such claimed errors, Landlord shall have the right to cause another review to be made by an auditor of Landlord’s choice. If the result of both audits reveal that Tenant has overpaid obligations for a preceding period, the amount of such overpayment shall be credited against Tenant’s subsequent installments of Rent or other payments due to Landlord under this Lease.

5. USE OF PREMISES: The Premises shall be used by Tenant as described above in Item 1, Section (d), and for no other business or purpose whatsoever without the prior written discretionary consent of Landlord. Tenant shall not do or permit to be done in or about the Premises or Building, nor bring or keep or permit to be brought or kept therein, anything which is prohibited by, or will in any way conflict with, any law, statute, ordinance or governmental rule or regulation now in force or which may hereafter be enacted or promulgated, or which is presently or hereafter prohibited by any standard form of fire insurance policy or will presently or hereafter in any way increase the existing rate of or affect any fire or other insurance upon the Building or any of its contents, or presently or hereafter cause a cancellation of any insurance policy covering the Building or any part thereof or any of its contents. Tenant shall not do or permit anything to be done in or about the Premises or Building, which will presently or hereafter in any way obstruct or interfere with the rights of other Tenants of the Building, or injure or annoy them or use or allow to be used the Premises or Building for any improper, immoral, unlawful or objectionable purpose (as determined by Landlord); nor shall Tenant cause, maintain, or permit any nuisance (as determined by Landlord or by law) in or about the Premises or commit or suffer to be committed any waste in, on, or about the Premises or Building. Tenant shall be responsible for all losses and damages to Landlord as a result of Tenant’s failure to use, occupy and surrender the Premises or Building in strict accordance with the contents of this Lease, and such responsibility shall survive the expiration or earlier termination of this Lease. Tenant, at Tenant’s expense, shall comply with all laws, rules, orders, statutes, ordinances, directions, regulations and requirements of all federal, state, county and municipal authorities pertaining to Tenant’s use and occupancy of the Premises or Building and with the recorded covenants, conditions and restrictions pertaining thereto, regardless of when they become effective or applicable, including, without limitation, all applicable federal, state and local laws, regulations or ordinances pertaining to air and water quality, Hazardous Materials, waste disposal, air emissions and other environmental matters, all zoning and other land use matters, and with any direction of any public officer or officials which shall impose any duty upon Landlord or Tenant with respect to the use or occupation of the Premises. For the purposes of this Item 5, the term “Tenant” includes Tenant’s agents, employees, principals, officers, successors, assigns, subtenants, invitees, contractors and consultants.

6. ASSIGNMENT AND SUBLETTING. Tenant shall not assign the right of occupancy under this Lease, or any other interest therein, or sublet the Premises, or any portion thereof, without the prior written consent of Landlord, which the parties agree shall not be unreasonably withheld, conditioned or delayed by the Landlord; provided, however, that notwithstanding any term or provision herein to the contrary, Tenant shall have the right, upon written notice to Landlord, to assign or sublet the Premises, or any portion thereof, to a subsidiary or affiliate of Tenant (an “Affiliate”). Tenant absolutely shall have no right of assignment or subletting if it is in default of this Lease. Notwithstanding anything in this lease to the foregoing, Landlord shall not be required to consent to an assignment of this Lease or a sublease of all or part of the Premises by Tenant to any governmental entity or agency, to any tenant in a building in the same city in which the Building is located and which is owned or managed by Landlord or any affiliate of Landlord or at rental rates less than the current market rental rate for the Building as established by Landlord. Landlord’s refusal to permit a sublease or assignment to a governmental or quasi-governmental agency shall not constitute an unreasonable denial to permit such a sublease or assignment. If Landlord elects to grant its written consent to any proposed assignment or sublease (whether by Tenant or by others claiming by or through Tenant), Tenant

or such others agree to pay Landlord an administrative fee in a reasonable amount (but not more than $750.00), including attorney’s fees to process and approve such assignment or sublease, and Landlord may prescribe the substance and form of such assignment or sublease.

Notwithstanding any assignment of this Lease, or the subletting of the Premises, or any portion thereof, Tenant shall continue to be fully liable for the performance of the terms, conditions and covenants of this Lease, including, but not limited to, the payment of Rent and Additional Rent. This continuing liability shall be absolute and unconditional and shall remain in full force and effect without regard to, and shall not be released, discharged, diminished, reduced or in any other way affected by; (a) any amendment or modification of, or supplement to, this Lease or any further assignment or transfer thereof or any further sublease pertaining thereto; or (b) any action taken or not taken by Landlord against any assignee or subtenants; or (c) any agreement which modifies any of the rights or obligations of the parties (or their respective successors) under this Lease; or (d) any agreement which extends the time within which an obligation under this Lease is to be performed; or (e) any waiver of the performance of an obligation required under this Lease; or (f) any failure to enforce any of the obligations set forth in this Lease. Consent by Landlord to one or more assignments or sublettings shall not operate as a waiver of Landlord’s rights as to any subsequent assignments or sublettings. Excluding Affiliates, Landlord shall have the additional option, which shall be exercised by providing Tenant with written notice, of terminating Tenant’s rights and obligations under this Lease rather than permitting any assignment or subletting by Tenant, any statement or implication in this Lease or at law to the contrary notwithstanding.

If Landlord permits any assignment or subletting by Tenant and if the monies (no matter how characterized) received as a result of such assignment or subletting [when compared to the monies still payable by Tenant to Landlord] should be greater than would have been received hereunder had not Landlord permitted such assignment or subletting, then fifty percent (50%) of the excess after Tenant first recoups all subletting and assignment costs (which shall be limited to commissions and tenant improvements), shall be payable by Tenant to Landlord as received by Tenant. If there are one or more assignments or sublettings by Tenant to which Landlord consents, then any and all extension options to be exercised subsequent to the date of such assignment or subletting and all options to lease additional space in the Building to be exercised subsequent to the date of such assignment or subletting are absolutely waived and terminated at Landlord’s sole discretion. In the event of the transfer and assignment by Landlord of its interest in this Lease and/or sale of the Building containing the Premises, either of which it may do at its sole option, Landlord shall thereby be released from any further obligations hereunder, and Tenant agrees to look solely to such successor in interest of Landlord for performance of such obligations. The provisions of Item 36 hereafter dealing with “Notices” shall be amended to provide the correct names and addresses of the assignee or subtenant. If Tenant is a partnership or corporation whose stock is not regularly traded on a bona fide public exchange, and if any transfer, sale, pledge or other disposition of a partnership interest or the common stock shall occur which changes the power to vote the majority of interest in the partnership or of the outstanding capital stock of the company, such action shall be considered an assignment under the terms of this Lease. Any breach of this Item 6 by Tenant will constitute an automatic default under the terms of this Lease, per Item 20 hereof.

7. ACCESS TO THE PREMISES. With not less than 24 hours notice, except in the case of emergencies or necessary building repairs, Landlord or its authorized agent or agents shall have the right to enter upon the Premises for the purposes of inspecting the same, preventing waste, making such repairs as Landlord may consider necessary (but without any obligation to do so except as expressly provided for herein), and showing the Premises to prospective Tenants (during the last nine (9) months of the term), mortgagees and/or purchasers. If during the last month of the Term, Tenant shall have removed all or substantially all of Tenant’s property therefrom, Landlord may, with Tenant’s written consent, enter and alter, renovate and redecorate the Premises without elimination or abatement of Rent or Additional Rent or incurring liability to Tenant for any compensation or offsets in Rent or Additional Rent and charges owed and such acts shall have no effect upon this Lease.

8. LANDLORD’S SERVICES. Landlord shall, at its expense, furnish the Premises with (i) electricity subject to Item 9 of this Lease; (ii) heat and air conditioning during reasonable and usual business hours (exclusive of Saturday afternoons, Sundays and nationally-recognized holidays) reasonably required for the occupation of the Premises, such heat and air-conditioning to be provided by utilizing the existing Building systems, it being expressly understood and agreed by the parties that Landlord specifically shall not be liable for any losses or damages of any nature whatsoever incurred by Tenant due to any failure of the equipment to function properly, or while it is being repaired, or due to any governmental laws, regulations or restrictions pertaining to the furnishing or use of such heat and air-conditioning; (iii) elevator service; (iv) lighting replacement for customary fluorescent lighting provided by Landlord; (v) toilet room supplies; (vi) daily janitor service during the time and in the manner that such janitor service is customarily furnished in first class office Buildings in the metropolitan area where the Building is located; (vii) water; and (viii) sewerage. The foregoing services are designated “Building Standard”.

Tenant will pay $35.00 per hour per floor (this price is subject to change) for HVAC after normal business hours, which are:

Monday through Friday 8:00 a.m. - 6:00 p.m.

Saturday 8:00 a.m. - 1:00 p.m.

Tenant agrees that Landlord is only responsible for Building Standard maintenance and Building Standard services. If other, more complete or specialty services and maintenance (over Building Standard) are required, then Tenant solely shall be and is responsible for same and for any and all expenses and costs of any nature whatsoever associated with same. To this end, Tenant is and shall be solely responsible for any expenses and costs of any nature whatsoever associated with, among other things, maintaining upgraded Tenant improvements in the Premises, replacing non-Building Standard lighting fixtures and bulbs in the Premises, servicing, operating and maintaining any separate and non-Building Standard HVAC systems and facilities serving the Premises, refundable security deposits for after-hours building access cards, etc. In the event Tenant requests that Landlord provide to the Premises any form of specialty services for purposes identified by Tenant to be the responsibility of the Landlord and the results of such specialty services indicate that Tenant’s perceived problem does not exist or that Landlord is not responsible for the cause of Tenant’s request, then Tenant shall be responsible for any expenses and costs of any nature whatsoever associated with Tenant’s request. Tenant’s request to

Landlord for such specialty services shall be in writing and delivered to the Landlord at the notice address as defined in this Lease, or such other address as Landlord may require.

Landlord shall not be liable for any damages directly or indirectly or consequentially resulting from, nor shall any Rent or Additional Rent herein set forth be reduced or abated by reason of, (1) installation, use, or interruption of use of any equipment in connection with the furnishing of any of the foregoing services, or (2) failure to furnish, or delay in furnishing, any such services when such failure or delay is caused by accident or any condition beyond the reasonable control of Landlord or by the making of necessary repairs or improvements to the Premises or to the Building or because of any governmental laws, regulations or restrictions. The temporary failure to furnish any such services shall not be construed as an eviction of Tenant or relieve Tenant from the duty of observing and performing each, every, any and all of the provisions of this Lease.

9. ELECTRICAL OVERLOAD; STRUCTURAL OVERLOAD.

A) Tenant’s use of electrical services furnished by Landlord shall be subject to the following:

(1) Tenant’s electrical equipment shall be restricted to that equipment which individually does not have a rated capacity greater than .5 kilowatts per hour and/or require voltage other than 120/208 volts, single phase. Collectively, Tenant’s equipment shall not have an electrical design load greater than an average of five (5) xxxxx per square foot (including overhead lighting).

(2) Tenant’s overhead lighting shall not have a design load greater than an average of two (2) xxxxx per square foot.

(3) If Tenant’s consumption of electrical services exceeds either the rated capacities and/or design loads as per subsections (1) and (2) above, then Tenant shall remove such equipment and/or lighting to achieve compliance within ten (10) days after receiving notice from Landlord. Or upon receiving Landlord’s prior written approval, such equipment and/or lighting may remain in the Premises, subject to the following:

(a) Tenant shall pay for all costs of installations and maintenance of submeter, wiring, air-conditioning and other items required by Landlord, in Landlord’s discretion, to accommodate Tenant’s excess design loads and capacities;

(b) Tenant shall pay to Landlord, upon demand, the cost of the excess demand and consumption of electrical service at rates determined by Landlord which shall be in accordance with any applicable laws; and

(c) Landlord may, at its option, upon not less than thirty (30) days’ prior written notice to Tenant, discontinue the availability of such

extraordinary utility service. If Landlord gives any such notice, Tenant will contract directly with the public utility for the supplying of such utility service to the Premises.

B) Tenant shall not place a load upon any floor of the Premises exceeding 50 pounds per square foot, which such floor was designed to carry and which may be allowed by law. Landlord reserves the right to prescribe the weight and position of all heavy equipment and similar items, and to prescribe the reinforcing necessary, if any, which in the opinion of Landlord may be required under the circumstances, such reinforcing to be at Tenant’s pre-paid expense.

10. PARKING AREAS/ACCESS KEYS. Landlord shall keep and maintain in good condition parking areas that may be provide at no cost for surface, unreserved spaces at a ratio of four spaces per one thousand square feet leased by Tenant. Landlord reserves the right to control the method, manner and time of parking in parking spaces. Landlord shall not be responsible at all, any statement or implication elsewhere in this Lease to the contrary notwithstanding, for the security of the parking areas provided pursuant to this Lease. Any and all parking charges payable by Tenant for reserved parking spaces, whether to Landlord or to Landlord’s designate(s), shall be Additional Rent; furthermore, if Tenant fails to pay duly, fully and timely such parking charges, Landlord [or its designate(s)] may discontinue, without notice to Tenant (or anyone else), the availability of the reserved parking space(s), no matter by whom such parking spaces are or were being utilized or are in the future to be utilized, anything to the contrary elsewhere in this Lease notwithstanding.

In addition to the foregoing, Landlord shall provide to Tenant access keys/cards in the same proportion of parking spaces provided to Tenant hereunder. Tenant shall pay to Landlord, upon receipt of building security after-hours access cards, a refundable, non-interest-bearing deposit of $6.00 per card. Such deposit shall be returned to Tenant upon return of building security after-hours access cards.

11. LEASEHOLD IMPROVEMENTS. The Premises are rented “as is”, without any additional services or improvements to be rendered by Landlord, other than those services described in Item 8 and such other services or improvements as may be described in Exhibit “B” attached hereto and expressly made a part hereof. If Landlord is to additionally alter, remodel, improve, or do any physical act or thing to the space as presently constituted or as described in Exhibit “B”, same shall be at the sole expense of Tenant and shall be effected only by a “Work Order” signed by the parties. In the absence of a “Work Order” signed by the parties, Landlord is under no obligation to make any such alteration, remodeling or improvement or do any physical act or thing to the space.

Any work or Tenant Improvements requested by the Tenant beyond the Scope of Work set forth in Exhibit “B” shall be a matter solely between Tenant and the contractor performing the improvements and all expenses and financial arrangements and payment relating to such additional work shall be a matter solely between Tenant and such contractor. Tenant is advised that such contractor may request such payment in advance for such work to be performed beyond that set forth in Exhibit “B” set forth.

Any and all extraordinary (as so determined by Landlord at its sole discretion) expenses and costs of any nature whatsoever attributable to the installation, maintenance and/or removal of telephone equipment, computer equipment and the like shall be borne solely by Tenant.

12. REPAIRS AND MAINTENANCE. Landlord will, at its own cost and expense, except as may be provided elsewhere herein, make necessary repairs of damage to the Building corridors, lobby, structural members of the Building, and equipment used to provide the Building Standard services referred to in Item 8, unless any such damage is caused by acts or omissions of Tenant, its agents customers, employees, principals, contractors, consultants, assigns, subtenants or invitees, in which event Tenant will bear the cost of such repairs. Tenant will allow no maintenance or repairs to be done in, on, to or about the Premises other than by a licensed contractor (such term to include all degrees and levels of subcontractors) approved by Landlord in writing prior to any such maintenance or repairs being undertaken. Landlord shall be entitled to require such contractor to be bonded and insured in such amounts and with such companies as Landlord may in its discretion prescribe. Tenant will not injure the Premises or the Building but will maintain the Premises in a clean, attractive, condition and in good repair, except as to damage to be repaired by Landlord as provided above. Upon termination of this Lease, Tenant will surrender and deliver the Premises to Landlord in the same condition in which they existed at the commencement of this Lease including any agreed upon improvements per the Work Order, excepting only ordinary wear and tear and damage arising from any cause not required to be repaired by Tenant, or Landlord approved alterations and improvements. This Item 12 shall not apply in the case of damage or destruction by fire or other casualty which is covered by insurance maintained by Landlord on the Building (as to which Item 16 hereof shall apply) or damage resulting from an Eminent Domain taking (as to which Item 18 hereof shall apply).

13. ALTERATIONS AND IMPROVEMENTS. Tenant absolutely shall not make any alterations, additions or improvements to or in the Building outside the Premises. Furthermore, Tenant shall make no alterations or improvements (including additions) to or in the Premises without the prior written approval of Landlord, unless in each instance and for each such alteration or improvement, Landlord or a contractor approved by Landlord is hired to do such alterations or improvements. Such approval shall not be unreasonably withheld in the case of alterations or improvements to the interior of the Premises if such alterations or improvements are normal for the use described in Item 1(d) of this Lease, do not adversely affect utility of the Premises for future Tenants, do not alter the exterior of the Building, and are accompanied by insurance satisfactory to Landlord and by prepayment or bond provisions or waivers by the contractor in form satisfactory to Landlord sufficient to protect the Building from claims of lien of any sort; otherwise, such approval may be withheld for any reason whatsoever. Furthermore, such alterations or improvements absolutely shall not affect the mechanical, plumbing, electrical and HVAC systems in the Premises or the Building and shall not be of a structural nature. Tenant shall conduct its work in such a manner as to maintain harmonious labor relations and as not to interfere with the operation of the Building and shall, prior to the commencement of the work, submit to Landlord copies of all necessary permits. Landlord reserves the right to have final approval of the contractors hired by Tenant. All such contractors hired by Tenant shall be, at levels and coverage’s prescribed by Landlord, licensed, bonded and insured, and Landlord may require evidence of same, which Tenant agrees to secure and provide Landlord prior to the commencement of any work by such contractors. All alterations or improvements, whether temporary or permanent in character, made in or upon the Premises, either by Landlord or

Tenant, shall be Landlord’s property and at the end of the term hereof shall remain in or upon the Premises without compensation to Tenant. If, however, Landlord shall request in writing, Tenant will, prior to expiration or earlier termination of this Lease, remove any and all alterations, and improvements placed or installed by Tenant in the Premises, and will repair any damage caused by such removal. All of Tenant’s furniture, movable trade fixtures and equipment not attached to the Building may be removed by Tenant at the expiration of this Lease, if Tenant so elects, and shall be so removed, if required by Landlord, and, if not so removed, shall, at the option of Landlord, become the property of Landlord. To the extent Tenant makes any alterations or improvements and/or to the extent Landlord on behalf of Tenant under an “Extra Work Agreement” makes such alterations or improvements, and as a result thereof it can be determined that thereupon was caused an increase in real estate taxes or insurance premiums, then Tenant shall be responsible for reimbursing Landlord for such increases as Landlord may pay.

14. END OF TERM. At the end of this Lease or any earlier termination, Tenant will promptly quit and surrender the Premises broom-clean, and in good order and repair, ordinary wear and tear excepted. If Tenant is not then in default, Tenant may remove from the Premises any trade fixtures, equipment, and movable furniture placed in the Premises by Tenant, whether or not such trade fixtures or equipment are fastened to the Building; Tenant will not remove any trade fixtures or equipment without Landlord’s prior written consent if such fixtures or equipment will result in impairing the structural strength, infrastructure or mechanical systems of the Building. Whether or not Tenant is in default, Tenant will remove such alterations, additions, improvements, trade fixtures, equipment and furniture as Landlord has requested or may request in accordance with Item 13. Tenant will fully repair any damage occasioned by the removal of any trade fixtures, equipment, furniture, alterations, additions and improvements. All trade fixtures, equipment, furniture, inventory, effects, alterations, additions, and improvements not so removed will be deemed conclusively to have been abandoned and may be appropriated, sold, stored, destroyed, or otherwise disposed of by Landlord without written notice to Tenant or any other person and without obligation to account otherwise disposed of by Landlord without written notice to Tenant or any other person and without obligation to account for them. Tenant will pay Landlord for all expenses incurred in connection with the removal of such property, including but not limited to the cost of repairing any damage to the Building or Premises caused by the removal of such property. Tenant’s obligation to observe and perform this covenant will survive the expiration or other termination of this Lease.

15. INDEMNITY. Landlord shall not be liable for, and Tenant will indemnify and save Landlord (and Landlord’s officers, principals, agents, employees and insurers) harmless of and from, each, every, and all fines, suits, damages, claims, demands, losses and actions (including attorney’s fees) for any injury to person or damage to or loss of property on or about the Premises and Building caused by the negligence or misconduct or breach of this Lease by Tenant, its employee, agents, principals, contractors, consultants, assigns, subtenants, invitees or by any other person entering the Premises or the Building under express or implied invitation of Tenant, or arising out of Tenant’s use of the Premises. Landlord absolutely shall not be liable or responsible for any loss or damage to any property or the death or injury to any person occasioned by theft, crime (of any nature whatsoever), fire, act of God, public enemy, injunction, riot, strike, insurrection, war, court order, requisition of governmental body or authority, by other Tenants of the Building or by any other matter beyond the absolute control of Landlord, or for

any injury or damage or inconvenience which may arise through repair or alteration of any part of the Building, or failure to make repairs, or from any cause whatsoever except Landlord’s negligence or intentional act. It is specifically understood and agreed that there shall be no personal liability on Landlord (nor on Landlord’s officers, principals, agents and employees) with respect to any of the covenants, conditions or provisions of this Lease; in the event of a breach or default by Landlord of any of its obligations under this Lease, Tenant shall look solely to the equity of Landlord in the Building for the satisfaction of any and all of Tenant’s right and remedies.

16. WAIVER OF CLAIMS; WAIVER OF SUBROGATION. To the extent permitted by law, Tenant waives all claims it may have against Landlord, its agents or employees for damage to property sustained by Tenant or any occupant of other person resulting from the Premises or the Building or any part of said Premises or Building becoming out of repair or resulting from any accident within or adjacent to the Premises or Building or resulting directly or indirectly from any act of omission of Landlord or any occupant of the Premises or Building or any other person while on the Premises or Building, or resulting from any peril required to be insured against under this Lease, regardless of cause of origin. Particularly, but not in limitation of the foregoing sentence, all property belonging to Tenant or any occupant of the Premises that is in the Building or the Premises will be there at the risk of Tenant or other person only, and Landlord or its agents or employees will not be liable for damage to or theft of or misappropriation of such property, nor for any damage to property resulting from fire, explosion, flooding of basements or other subsurface areas, falling plaster, steam, gas, electricity, snow, water or rain which may leak from any part of the Building or from the pipes, appliances or plumbing works therein or from the roof, street or subsurface or from any place or resulting from dampness or any other cause whatsoever, nor for any latent defect in the Premises or in the Building. Tenant will give prompt notice to Landlord in case of fire or accidents in the Premises or in the Building or of defects therein or in the fixtures or equipment.

Tenant agrees to include in the insurance policies which Tenant is required by this Lease to carry, to the fullest extent permitted by law, a waiver of subrogation against Landlord and Landlord’s managing agent.

To the extent permitted by law, Landlord waives all claims it may have against Tenant, its agents or employees for damage to the Building resulting directly or indirectly from any act or omission of Tenant or any occupant of the Premises or any other person while on the Premises, to the extent that such claim is covered by any property insurance which Landlord carries on the Building. Landlord will include in any property insurance policy which Landlord may carry on the Building, to the extent permitted by law, a waiver of subrogation against Tenant.

Landlord will not be required to maintain insurance against thefts within the Premises, the Building or any project within which the Building is located.

17. DAMAGE BY FIRE OR THE ELEMENTS. In the event that the Building is totally destroyed by fire, tornado or other casualty, or in the event the Premises or Building is so damaged that, within Landlord’s discretion, rebuilding or repairs cannot be completed within two hundred seventy days (270) days after the date of such damage, Landlord, within sixty (60) days of the casualty, shall give Tenant written notice of the estimated time for completion or of

Landlord’s intent not to repair. In such event, either Landlord or Tenant may, at its option, by written notice to the other given not more than ninety (90) days after the date of Landlord’s delivery of the Damage Notice to Tenant, such fire or other casualty, terminate this Lease. In such event, the Rent and Additional Rent shall be abated during the unexpired portion of this Lease effective with the date of such fire or other casualty.

In the event the Building or the Premises are damaged by fire, tornado, or other casualty covered by Landlord’s insurance but only to such extent that rebuilding or repairs can be completed within two hundred seventy (270) days after the date of such damage, or if the damage should be more serious but neither Landlord nor Tenant elects to terminate this Lease, then Landlord shall, within thirty (30) days after the date of such damage or such election, commence to rebuild or repair the Building and/or the Premises and shall proceed with reasonable diligence to restore the Building and/or the Premises to substantially the same condition in which it/they was/were immediately prior to the happening of the casualty, except that Landlord shall not be required to rebuild, repair or replace any part of the furniture, equipment, fixtures and other improvements which may have been placed by Tenant or other Tenants or occupants within the Building or Premises. Landlord shall, unless such damage is deemed by Landlord to be the result of the negligence or willful misconduct of Tenant or Tenant’s employees, agents, principals, contractors, consultants, assigns, subtenants or invitees, allow Tenant a fair diminution of Rent and Additional Rent during the time of such rebuilding or repairs. In the event any mortgagee, or the holder of any deed of trust, security agreement or mortgage on the Building, requires that the insurance proceeds be used to retire the mortgage debt, Landlord shall have no obligation to rebuild and this Lease shall terminate upon notice to Tenant. Any insurance which may be carried by Landlord or by Tenant against loss or damage to the Premises or its contents shall be for the sole benefit of the party carrying such insurance and under its sole control.

18. BUILDING RULES AND REGULATIONS. Tenant shall faithfully observe and comply with the Rules and Regulations printed on or annexed to (and expressly made a part of) this Lease and all reasonable modifications of and additions thereto from time to time put into effect by Landlord, provided such are universal to all tenants. Landlord shall not he responsible to Tenant for the nonperformance of any of said Rules and Regulations by any other Tenant, occupant, invitee or visitor of the Building. Tenant shall and does hereby have an affirmative obligation (to include indemnification of Landlord, per Item 15 hereof) to notify its agents, employees, principals, assigns, subtenants and invitees of the contents of such Rules and Regulations and of this Lease and to assure their compliance therewith.

19. EMINENT DOMAIN. If the whole or a portion of the Building is taken for any public or quasi-public use under any statute or by right of Eminent Domain or private purchase in lien thereof, then at Landlord’s option, but not otherwise, this Lease, the Term hereby demised and each, every, any and all rights of Tenant hereunder shall immediately cease and terminate and the Rent and Additional Rent shall be adjusted as of the date of such termination. Tenant shall be entitled to no part of the award made for such condemnation (or other taking) or the purchase price thereof. Notwithstanding the foregoing, Tenant shall have the right to claim and recover from the condemning authority compensation for any loss to which Tenant may be entitled, including Tenant’s moving expenses or other relocation costs. Nevertheless, anything to the contrary notwithstanding, likewise at Landlord’s option, but not otherwise, if the Premises are

unaffected by such condemnation (or other taking), then this Lease and each and every one of its provisions shall continue in full force and effect.

20. SIGNS AND ADVERTISING. Without the prior written approval of Landlord, which may be withheld at Landlord’s discretion, Tenant shall not be permitted the painting or display of any signs, placard, lettering, or advertising material of any kind on or near the exterior of the Premises or the Building. Notwithstanding the foregoing, Tenant shall be entitled to display Tenant’s name on or near the entrance to the Premises, in a Building-standard manner prescribed by Landlord, such signage to be installed solely by Landlord’s signage vendor.

Pylon signage on Westshore Boulevard is available solely at Landlord’s discretion on a month to month basis at rates which may be changed from time to time. Preference is afforded to Tenants according to the total rentable square footage occupied, and eligibility for signage may change from time to time depending upon demand therefore. All decisions relating to the signage shall be at Landlord’s sole discretion. Notwithstanding anything to the contrary in this Lease Agreement, such pylon signage rights, if any, are not assignable or transferable in the event of an assignment or sublease by Tenant.

21. TENANT’S DEFAULT. The happening, of any one or more of the following events, shall constitute a default hereunder:

a) Tenant’s failure to pay within three (3) business days after written notice the Rent, Additional Rent, or any other sums payable to Landlord (no matter how characterized);

b) Tenant’s failure to observe, keep or perform any of the other terms, covenants, agreements or conditions of this Lease or in the Building Rules and Regulations for a period of ten (10) days after written notice by Landlord (or within such additional time as is reasonably required to remedy any such default) so long as Tenant is diligently pursuing such cure to completion);

c) The insolvency of Tenant;

d) Tenant’s making an assignment for the benefit of creditors;

e) A receiver or trustee being appointed for Tenant or a substantial portion of Tenant’s assets;

f) Tenant’s voluntarily petitioning for relief under, or otherwise seeking the benefit of, any bankruptcy, reorganization, arrangement or insolvency law;

g) Tenant’s deserting, vacating or abandoning any portion of the Premises or attempting to mortgage, pledge or otherwise encumber in any way its interest hereunder;

h) Tenant’s interest under this Lease being sold under execution or other legal process;

i) Tenant’s interest under this Lease being affected, modified or altered by any unauthorized assignment or subletting or by operation of law;

j) Any of the goods or chattels of Tenant used in, or incident to, the operation of Tenant’s business at, from or in the Premises being seized, sequestered, or impounded by virtue of, or under authority of, any legal proceeding;

k) If Tenant shall be late in the payment of any sums due hereunder as rent or additional rent two (2) times in any twelve (12) month period;

l) Tenant’s failure to take occupancy of the Premises when same is tendered by Landlord to Tenant; or

m) Any attempted assignment or subletting of this Lease without Landlord’s written consent.

In the event Tenant vacates the Premises during the last month of the Lease Term, Landlord may thereupon re-enter the premises for the purpose of removing and disposing of all items left by Tenant and for the additional purpose of restoring the Premises to the condition which existed on the date Tenant took occupancy thereof. Under such circumstance, Tenant shall continue to be responsible for the payment of all sums remaining due under the Lease for the remainder of the Lease Term; such re-entry by the Landlord shall not affect or diminish Tenant’s obligations and responsibilities under the Lease. The Tenant shall reimburse Landlord for all costs incurred by Landlord in the removal of items left by Tenant and in the restoration of the Premises, if such removal and restoration is required under the Lease.

In the event of any of the foregoing happenings, Landlord, at its election, may exercise any one or more of the following “options, the exercise of any of which shall not be deemed to preclude the exercise of any others herein listed or otherwise provided or permitted by statute or general law at the same time or in subsequent times or actions (all of which are cumulative):

1. Terminate Tenant’s rights to possession under this Lease and re-enter and retake possession of the Premises and relet or attempt to relet the Premises on behalf of Tenant at such rent and under such terms and conditions as Landlord may deem best under the circumstances for the purpose of reducing Tenant’s liability. Landlord shall not be deemed to have thereby accepted a surrender of the Premises, and Tenant shall remain fully liable for any and all Rent, Additional Rent, or other sums (no matter how characterized) due under this Lease and for all damages suffered by Landlord because of Tenant’s breach of any of the covenants of this Lease.

2. Declare this Lease to be terminated and ended, and re-enter upon and take possession of the Premises whereupon all right, title and interest of Tenant in the Premises shall end.

3. Accelerate and declare the entire remaining unpaid Rent and Additional Rent for the balance of this Lease to be immediately due and payable forthwith, and may at once, take legal action to recover and collect the same.

No re-entry or retaking possession of the Premises by Landlord shall be construed as an election on its part to terminate this Lease, unless a specific written notice of such intention is given to Tenant, nor shall pursuit of any remedy herein provided constitute a forfeiture or waiver

of any Rent, Additional Rent or other monies due to Landlord hereunder or of any damages accruing to Landlord by reason of the violations of any of the terms, provisions and covenants herein contained. Landlord’s acceptance of Rent or Additional Rent or other monies following any event of default hereunder shall not be construed as Landlord’s waiver of such event of default. No forbearance by Landlord of action upon any violation or breach of any of the terms, provisions, and covenants herein contained shall he deemed or construed to constitute a waiver of the terms, provisions, and covenants herein contained. Forbearance by Landlord to enforce one or more of the remedies herein provided upon an event of default shall not be deemed or construed to constitute a waiver of any other violation or default. Legal actions to recover for loss or damage that Landlord may suffer by reason of termination of this Lease or the deficiency from any reletting as provided for above shall include the expense of repossession or reletting and any repairs or remodeling undertaken by Landlord following repossession.

THE PARTIES HERETO SHALL, AND THEY HEREBY DO, WAIVE TRIAL BY JURY IN ANY ACTION, PROCEEDING, OR COUNTERCLAIM BROUGHT BY EITHER OF THE PARTIES HERETO AGAINST THE OTHER ON ACCOUNT OF ANY MATTERS WHATSOEVER ARISING OUT OF, OR IN ANY WAY CONNECTED, WITH THIS LEASE, THE RELATIONSHIP OF LANDLORD AND TENANT, TENANT’S USE OR OCCUPANCY OF THE PREMISES AND/OR BUILDING, AND/OR CLAIM OF LOSS, INJURY OR DAMAGE. THE COVENANTS CONTAINED HEREIN ARE INDEPENDENT. In the event Landlord commences any proceeding to enforce this Lease or the Landlord/Tenant relationship between the parties or for nonpayment of Rent, Additional Rent or other monies due Landlord from Tenant under this Lease, Tenant will not interpose any counterclaim of whatever nature or description in any such proceedings. In the event Tenant must, because of applicable court rules, interpose any counterclaim or other claim against Landlord in such proceedings, Landlord and Tenant covenant and agree that, in addition to any other lawful remedy of Landlord, upon motion of Landlord, such counterclaim or other claim asserted by Tenant shall be severed out of the proceedings instituted by Landlord (and, if necessary, transferred to a court of different jurisdiction), and the proceedings instituted by Landlord may proceed to final judgment separately and apart from and without consolidation with or reference to the status of each counterclaim or any other claim asserted by Tenant.

The parties hereto agree that any and all suits for any and every breach of this Lease shall be instituted and maintained only in those courts of competent jurisdiction in the county or municipality in which the Building is located and Tenant, hereby submits to the jurisdiction of Florida courts. In the event of litigation by and between the parties [or their respective successor(s)] to enforce the terms and provisions of this Lease, the prevailing party shall be entitled to recover from the non-prevailing party the prevailing party’s reasonable attorney’s fees and court costs, all through final appeal.

Time is of the essence of this Lease; and in case Tenant shall fail to perform the covenants and obligations on its part to be performed at the time fixed for the performance of such respective covenants and obligations by the provisions of this Lease, Landlord may declare Tenant to be in default of such Lease.

22. CONTRACTUAL LANDLORD’S LIEN. Landlord shall have, at all times, a valid security interest to secure payment of all Rent, Additional Rent and other sums of money

becoming due hereunder from Tenant, and to secure payment of any damages or loss which Landlord may suffer by reason of the breach by Tenant of any covenant, agreement or condition contained herein, upon all goods, wares, equipment, fixtures, furniture, improvements and other personal property of Tenant presently or which may hereinafter be situated in the Premises, and all proceeds therefrom, and such property shall not be removed therefrom without consent of Landlord until all arrearages in Rent and Additional Rent as well as any and all other sums of money then due to Landlord hereunder, shall first have been paid and discharged and all of the covenants, agreements, and conditions hereof have been fully complied with and performed by Tenant. In consideration of this Lease, upon the occurrence of an event of default by Tenant, Landlord may, in addition to any other remedies provided herein, enter upon the Premises and take possession of any and all goods, wares, equipment, fixtures, furniture, improvements, and other personal property of Tenant situated on or in the Premises, without liability for trespass or conversion, and sell the same at public or private sale, with or without having such property at the sale, after giving Tenant reasonable notice of the time and place of any public sale or of the time after which any private sale is to be made, at which sale Landlord or its assigns may purchase unless otherwise prohibited by law. Unless otherwise provided by law, and without intending to exclude any other manner of giving Tenant reasonable notice, the requirement of reasonable notice shall be met if such notice is given in the manner prescribed in Item 37 dealing with “Notices” in this Lease at least five (5) days before the time of sale. The proceeds from any such disposition, less any and all expenses connected with the taking of possession, holding and selling of the property (including reasonable attorney’s fees and other expenses), shall be applied as a credit against the indebtedness secured by the security interest granted in this Item 22. Any surplus shall be paid to Tenant or as otherwise required by law, and Tenant shall pay any deficiencies forthwith. Upon request by Landlord, Tenant agrees to execute and deliver to Landlord a financing statement in form sufficient to perfect the security interest of Landlord in the aforementioned property and proceeds thereof under the provisions of the Uniform Commercial Code then in force in the State of Florida. Notwithstanding the foregoing, the terms and conditions contained in this Section 22 shall not be applicable to those items of Tenant’s equipment which have been leased by Tenant from a third party, unaffiliated with and unrelated to Tenant.

23. SUBORDINATION. In consideration of the execution of this Lease by Landlord, Tenant accepts this Lease subject to any deeds of conveyance and any deeds of trust, master leases, security interests or mortgages and all renewals, modifications, extensions, spreads, consolidations and replacements of the foregoing which might now or hereafter constitute a lien upon the Building (or the land upon which it is situated) or improvements therein or thereon or upon the Premises and to zoning ordinances and other Building and fire ordinances and governmental regulations relating to the use of the property (hereinafter collectively referred to as a “superior interest”. Although no instrument or act on the part of Tenant shall be necessary to effectuate such subordination, Tenant shall, nevertheless, for the purpose of confirmation, at any time hereafter, on demand in the form(s) prescribed by Landlord, execute any instruments, estoppel certificates, releases or other documents that may be requested or required by any purchaser or any holder of any superior interest for the purpose of subjecting and subordinating this Lease to such deed of conveyance or to the lien of any such deed of trust, master lease, security interest, mortgage, or superior interest. Tenant shall at any time and from time to time upon not less than ten (10) days prior notice from Landlord, execute, acknowledge, and deliver a written statement ratifying this Lease and certifying a) the date upon which Tenant entered into

occupancy of the Premises, b) that Tenant is presently open and conducting business with the public in the Premises, c) the amount of Annual Rent and that it was payable from the date of occupancy, d) that the Lease is in full force and effect and has not been assigned, modified, supplemented or amended in any way, except as set forth in the statement, and that neither party is in default thereunder, e) that the Lease represents the entire agreement between the parties as to this leasing, f) the date upon which the Term of the lease expires, g) that all conditions under the Lease to be performed by Landlord have been satisfied, including but without limitation, all co-tenancy requirements under the Lease, h) that all required contributions by Landlord to Tenant on account of Landlord’s improvements have been received, i) that on the date of the statement there are no existing defenses or offsets which Tenant has against the enforcement of the Lease by Landlord, j) that no Rent has been paid in advance and no security has been deposited with Landlord except as noted in the statement, k) stating the most recent date through which Rent has been paid, and l) any other information reasonably requested. Any such statement may be relied upon by any prospective transferee or encumbrancer of all or any portion of the Building, or any assignee of any such persons. If Tenant fails to deliver such statement within ten (10) days, Tenant shall be deemed to have acknowledged that this Lease is in full force and effect, without modifications except as may be represented by Landlord, and that there are no uncured defaults in Landlord’s performance.

Landlord shall at any time and from time to time upon not less than ten (10) days prior notice from Tenant, execute, acknowledge, and deliver a written statement ratifying this Lease and certify a) the amount of Annual Rent and that it was payable from the date of occupancy, b) that the Lease is in full force and effect and has not been assigned, modified, supplemented or amended in any way, except as set form in the statement, and that neither party is in default thereunder, c) that the Lease represents the entire agreement between the parties as to this leasing, d) the date upon which the Term of the Lease expires, e) that all conditions under the Lease to be performed by Tenant have been satisfied, including but without limitation, all co-tenancy requirements under the Lease, f) that all required contributions by Tenant to Landlord on account of Tenant’s improvements have been received, g) stating the most recent date through which Rent has been paid, and f) any other information reasonably requested.

24. QUIET ENJOYMENT. Provided Tenant has fully, duly and timely performed all of the terms, covenants, agreements and conditions of this Lease on its part to be performed, including the payment of Rent, Additional Rent and all other sums due hereunder, Tenant shall peaceably and quietly hold and enjoy the Premises, except as described in Item 23 above, for the Term (as may be extended) herein described, subject to the provisions and conditions of this Lease.

25. SECURITY DEPOSIT. Upon Tenant’s execution of this Lease, Tenant shall pay a total of Sixty-Nine Thousand Nine Hundred Seventeen Dollars and 67/100 ($69,917.67) as a security deposit for the performance by Tenant of all the terms, covenants and conditions of this Lease upon Tenant’s part to be performed. In addition thereto, Tenant shall provide Landlord with an irrevocable Letter of Credit in the amount of Fifty Thousand Dollars ($50,000.00) to further secure Tenant’s performance under the terms of this Lease Agreement, to be issued by a financial institution approved by Landlord. Accordingly, upon commencement of the Lease, Landlord shall be secured in the total amount of One Hundred Nineteen Thousand Nine Hundred Seventeen Dollars and 67/100 ($119,917.67) for Tenant’s performance under the terms of this Lease Agreement. Provided that no event of default exists upon the part of Tenant, within thirty

(30) days following each annual anniversary of the commencement of Tenant’s Lease term, Landlord shall reduce the security so held by the amount of $14,285.71: Such reduction shall be made, first by annually reducing the amount of Tenant’s Letter of Credit and, thereafter, once the amount of the Letter of Credit has been fully exhausted, by annually making partial refunds to Tenant of the cash portion of Tenant’s security deposit, it being the intention of the parties that the total amount of security held by Landlord shall lessen annually by the amount of $14,285.71 (provided no event of default exists on the part of Tenant). Landlord shall have no obligation to segregate such security deposit from any other funds of Landlord, and interest earned on such security deposit, if any, shall belong to Landlord. Security deposits shall not be considered advance payments of Rent or a measure of Landlord’s damages, in the case of a default by Tenant. The security deposit shall be returned to Tenant within thirty (30) days after the Expiration Date, provided Tenant has fully performed its obligations hereunder. Regardless of any permitted assignment of this Lease by Tenant, Landlord may return the security deposit to the original Tenant in the absence of evidence satisfactory to Landlord of an assignment of the right to receive the security deposit or the balance thereof, which shall satisfy in full Landlord’s obligation to return the security deposit. Landlord shall have the right to apply any part of said security deposit to cure any default of Tenant and if Landlord does so, Tenant shall upon demand deposit with the Landlord the amount so applied so that Landlord shall have the full security deposit on deposit at all times during the Term of this Lease. In the event of a sale or lease of the Building subject to this Lease, Landlord shall transfer the security deposit to the Purchaser or lessee, and Landlord shall thereupon be released from all liability for the return of such security deposit and Tenant shall look solely to the successor Landlord for the return of the security deposit. This provision shall apply to every transfer or assignment made of the security deposit to a successor Landlord. The security deposit shall not be assigned or encumbered by Tenant without the prior written consent of Landlord and any such unapproved assignment or encumbrance shall be void.

26. MECHANIC’S LIENS. Tenant is prohibited from making, and agrees not to make, alterations in the Premises, except as permitted by Item 13, and Tenant shall not permit any mechanic’s lien or liens to be placed upon the Premises or the Building or improvements thereon during the Term (as may be extended) hereof caused by or resulting from any work performed, materials furnished or obligation incurred by or at the request of Tenant, and in the case of the filing of any such lien, Tenant will promptly pay or statutorily bond same. If default in payment or statutory bonding thereof shall continue for ten (10) days after written notice thereof from Landlord to Tenant, Landlord shall have the right and privilege, at Landlord’s option, of paying the same or any portion thereof without inquiry as to the validity thereof, and any amounts so paid, including expenses, interest, and attorney’s fees, shall be so much additional indebtedness hereunder due from Tenant to Landlord and shall be repaid to Landlord immediately on rendition of a xxxx therefore, together with interest per annum at the maximum rate permitted by law until repaid, and if not so paid within ten (10) days of the rendition of such xxxx, shall constitute default under Item 21 hereof.

The interest of Landlord shall not be subject to liens for improvements made by Tenant in or to the Premises or the Building. Tenant shall notify every contractor making such improvements of the provision set forth in the immediately preceding sentence of this paragraph. The parties agree, should Landlord so request, to execute, acknowledge and deliver without charge to the other a Memorandum of Lease in recordable form containing a confirmation that

the interest of Landlord (as well as those parties holding interests superior to, or inferior to, Landlord) shall not be subject to liens for improvements made by Tenant to the Premises or the Building.

27. FORCE MAJEURE. Whenever a period of time is herein prescribed for action to be taken by Landlord, Landlord shall not be liable or responsible for, and there shall be excluded from the computation for any such period of time, any delays due to strikes, riots, acts of God, shortages of labor or material, theft, crime, fire, public enemy, injunction, insurrection, court order, requisition of governmental body or authority, war, governmental laws, regulations or restrictions or any other causes of any kind whatsoever which are beyond the absolute control of Landlord.

28. SEVERABILITY. If any clause or provision of this Lease is illegal, invalid or unenforceable under present or future laws effective during the Term (as may be extended) of this Lease, then and in that event, it is the intention of the parties hereto that the remainder of this Lease shall not be affected thereby.

29. HOLDING OVER. The failure of Tenant to surrender the Premises on the date provided herein for the expiration of the Term (as may have been theretofore extended) of this Lease (or at the time this Lease may be terminated otherwise by Landlord), and the subsequent holding over by Tenant, with or without the consent of Landlord, shall result in the creation of a tenancy at will at 150% of the Rent payable at the time of the date provided herein for the expiration of this Lease or at the time this Lease may be terminated otherwise by Landlord. This provision does not give Tenant any right to hold over at the expiration of the Term (as may have been heretofore extended) of this Lease, and shall not be deemed, the parties agree, to be a renewal of the Lease Term (as may have been heretofore extended), either by operation of law or otherwise.

30. RELOCATION. SECTION INTENTIONALLY OMITTED.

31. RENT SEPARATE COVENANT. Tenant shall not for any reason withhold or reduce Tenant’s required payments of Rent, Additional Rent and other charges provided in the Lease, it being expressly understood and agreed contractually by the parties that the payment of Rent and Additional Rent is a contractual covenant by Tenant that is independent of the other covenants of the parties under this Lease.

32. JOINT AND SEVERAL LIABILITY; CHANGE IN BUSINESS FORM. If two or more individuals, corporations, partnerships, or other business associations (or any combination of two or more thereof) shall sign this Lease as Tenant, the liability of each such individual, corporation, partnership or other business association to pay Rent and Additional Rent and perform all other obligations hereunder shall be deemed to be joint and several. In like manner, if Tenant is a partnership or other business association, the members of which are, by virtue of statute or general law, subject to personal liability, the liability of each such member shall be joint and several. Tenant may not and shall not change or convert its business form and/or composition in any way whatsoever without Landlord’s prior, written and solely discretionary consent.

33. ABSENCE OF OPTION. The submission of this Lease for examination does not constitute a reservation of or option for the Premises, and this Lease becomes effective only upon execution and delivery thereof by Landlord.

34. CORPORATE TENANCY. If Tenant is a corporation, the undersigned officer of Tenant hereby warrants and certifies to Landlord that Tenant is a corporation in good standing and is authorized to do business in the State of Florida. The undersigned officer of Tenant hereby further warrants and certifies to Landlord that he or she, as such officer, is authorized and empowered to bind the corporation to the terms of this Lease by his or her signature thereto. Landlord, before it accepts and delivers this Lease, may require Tenant to supply it with a certified copy of the corporate resolution authorizing the execution of this Lease by Tenant. If Tenant is a corporation (other than one whose shares are regularly and publicly traded on a recognized stock exchange), Tenant represents that the ownership and power to vote its entire outstanding capital stock belongs to and is vested in the officer or officers executing this Lease or members of his, her or their immediate family. If there shall occur any change in the ownership of and/or power to vote the majority of the outstanding capital stock of Tenant, whether such change of ownership is by sale, assignment, bequest, inheritance, operation of law or otherwise, without the prior written discretionary consent of Landlord, then Landlord shall have the option to terminate this Lease upon thirty (30) days’ written notice to Tenant so stating; furthermore, Tenant shall have an affirmative obligation to notify immediately Landlord of any such change.

35. BROKERAGE COMMISSION. C.B. Xxxxxxx Xxxxx (“CBRE”) has represented Landlord and Xxxxxx Associates in cooperation with Xxxxxx Partners (collectively “Tenant’s Advisors”) has represented Tenant in connection with this Lease. CBRE and Tenant’s Advisors shall be paid a commission by Landlord pursuant to the terms of a separate agreement. Tenant warrants that there are no other claims aside from those stated above for broker’s commissions or finder’s fees in connection with its execution of this Lease and agrees to indemnify and save Landlord completely harmless from any liability that may arise from such claim, including reasonable attorney’s fees.

36. LANDLORD’S DEFAULT. Landlord shall in no event be charged with default in the performance of any of its obligations under this Lease unless and until Landlord shall have failed to perform such obligations within ten (10) days (or within such additional time as is reasonably required to remedy any such default) after written notice to Landlord by Tenant properly specifying and detailing the particulars of wherein and whereby Tenant claims Landlord has failed to perform any such obligations. If the holder of record of the first mortgage covering the Premises shall have given prior written notice to Tenant that it is the holder of such first mortgage and such notice includes the address at which notices to such mortgagee are to be sent, then Tenant shall give such mortgagees notice simultaneously with any notice given to Landlord to correct any default of Landlord as herein above provided. Such mortgagee shall have the right within thirty (30) days (or within such additional time as is reasonably required to correct any such default) after receipt of such notice to correct or remedy such default before Tenant may take any action under this Lease by reason of such default. Any notice of default given Landlord by Tenant shall be null and void unless simultaneous notice has been given by Tenant to said first mortgagee. It is specifically understood and agreed, anything in this Lease to the contrary notwithstanding, that there shall be no personal liability on Landlord (nor on Landlord’s officers,

principals, agents and employees) with respect to any of the covenants, conditions or provisions of this Lease; in the event of a breach or default by Landlord of any of its obligations under this Lease; Tenant shall look solely to the equity of Landlord in the Building for the satisfaction of Tenant’s remedies, and in absolutely no event shall Landlord be liable for prospective profits or special, indirect, or consequential damages. Likewise, anything in this Lease to the contrary notwithstanding, in no event shall Tenant have the right to terminate this Lease as a result of any default by Landlord, but rather, Tenant’s remedies against Landlord shall be solely limited to a claim for damages and/or a claim for injunction.

37. NOTICES. Any notice, statement, demand, or other communication required or permitted to be given or made by either party to the other, pursuant to this Lease or pursuant to any applicable law, shall be deemed to have been properly given and made if sent by either registered or certified mail, return receipt requested, overnight delivery by a reputable delivery carrier or hand delivery, addressed to the other party at the address hereinbelow set forth or at such other address as may hereafter be designated by either party by notice to the other and shall be deemed to have been given or made on the day so mailed. Either party may, by notice given as aforesaid, designate a different address or addresses for notices, statements, demands, or other communications intended for it.

LANDLORD:		EDGEWOOD GENERAL PARTNERSHIP 0000 Xxxxx Xxxxxxxxx Xxxxxxxxx, Xxxxx 000 Xxxxx, Xxxxxxx 00000

		EDGEWOOD GENERAL PARTNERSHIP c/o Xx. Xxxxx X. Xxxxx, Esq. 000 Xxxxxxxx Xxxxxxxxx, Xxxxx 000 Xxx Xxxxxxx, Xxxxxxxxxx 00000

TENANT:		Metastorm, Inc. 000 Xxxx Xxxxx Xxxxxx, Xxxxx 0000 Xxxxxxxxx, Xxxxxxxx 00000

cc:		Xxxxxx X. Xxxxx, III, Esq. Xxxxxxx LLP Xxx Xxxxxxx Xxxxx, Xxxxx 0000 Xxxxxxxxx, Xxxxxxxx 00000

38. INSURANCE.

a) Tenant shall, on or before the earlier of the Commencement Date or the date on which Tenant first enters the Premises for any purpose, at its sole cost and expense, obtain and keep in full force and effect at all times thereafter the following insurance coverages with respect to the Premises:

i) Insurance against loss or liability in connection with bodily injury, death or property damage or destruction, occurring on or about the Premises under one or more policies of commercial general liability insurance. Each such policy shall specifically include the Premises and all areas, including sidewalks and corridors, adjoining or appurtenant to the Premises. The total insurance coverage shall be in an initial amount, combined single limit, of no less than $4,000,000.00, which coverage may be effected with umbrella coverage. Each such policy must be in a form acceptable to Landlord and shall include the broad form comprehensive general liability endorsement or equivalent, and, in addition, shall provide at least the following extensions and endorsements: (a) coverage for explosion, collapse, and underground damage hazards, where applicable; (b) personal injury coverage to include liability assumed under any contract; and (c) a blanket additional insured extension or endorsement or equivalent providing coverage for unspecified additional parties as their interest may appear with the insured.

ii) Fire and lightning, extended coverage, sprinkler damage, theft, vandalism and malicious mischief, all risks, and flood insurance (if required by Landlord, or any mortgagee of the Building, or any governmental authority) in an amount adequate to cover 100% of the replacement costs, without co-insurance, of Tenant’s Property.

iii) Workers compensation insurance in the maximum amount permitted by the law of the State in which the Premises are located and employer’s liability coverage of $1,000,000.00 per occurrence and covering all persons employed, directly or indirectly, in connection with Tenant’s business or Tenant Improvements or any future Alterations.

(iv) Business income and extra expense insurance on an actual loss sustained basis, with limits of at least $500,000.

(v) Such other insurance as may be carried on the Premises and Tenant’s operation thereof, as may be reasonably required by the Landlord.

b) Except for work to be performed by Landlord, before any Alterations are undertaken by or on behalf of Tenant, Tenant shall obtain and maintain, at its expense, or Tenant shall require any contractor performing work on the Premises to obtain and maintain, at no expense to Landlord, in addition to workers compensation insurance as required by the State of Florida, all risk builder’s risk insurance in the amount of the replacement cost of the applicable Alterations (or such other amount reasonably required by Landlord) and commercial general liability insurance on an occurrence basis with a minimum combined single limit of $4,000,000.00; such limit may be accomplished by means of an umbrella policy and such other insurance that is required by Landlord. Such coverages shall not limit the liability of Tenant hereunder. The contractor’s commercial general liability insurance shall cover claims arising out of (i) the general

contractor’s operations, (ii) acts of independent contractors, (iii) products/completed operations (with broad form property damage), (iv) liability assumed under contract (on a broad form property damage basis), (v) liability assumed under contract (on a broad form blanket basis), (vi) explosion, collapse, and underground damage hazards, where applicable, and (vii) owned/non-owned/hired vehicles.

c) All insurance policies shall be (i) in form reasonably satisfactory to Landlord; and (ii) written insurance companies reasonably satisfactory to Landlord and shall each have and maintain throughout Tenant’s Lease term a rating of no less than A+VII by A.M. Best Company, and authorized to engage in the business of insurance in the state in which the Premises are located. All insurance policies shall name Landlord and Landlord’s directors, officers, partners, agents, employees, and managing agent as additional insureds and loss payees as their interests may appear and shall provide that they may not be terminated or modified in any way which would materially decrease the protection afforded Landlord under this Lease without thirty (30) days advance written notice to Landlord. The minimum limits of insurance specified in this section shall in no way limit or diminish Tenant’s liability under this Lease. Tenant shall furnish to Landlord, not less than fifteen (15) days prior to the date such insurance is first required to be carried by Tenant, and thereafter at least fifteen (15) days prior to the expiration of such policy, a certificates of insurance prepared by Tenant’s insurance carrier, and such other evidence of coverages as Landlord may reasonably request, and evidence of payment of all premiums and other expenses owed in connection therewith. No policy shall be cancelable or be subject to reduction of coverage except after thirty (30) days prior written notice to Landlord. Upon Tenant’s default obtaining or delivering the policy for any such insurance or Tenant’s failure to pay the charges therefore, Landlord may, at its option, on or after the fifth (5^th) day after written notice thereof is given to Tenant, procure or pay the charges for any such policy or policies and the total cost and expense (including attorney’s fees) thereof shall be immediately paid by Tenant to Landlord as Additional Rent upon receipt of a xxxx therefore.

d) Tenant shall not conduct or permit to be conducted any activity, or place any equipment, materials or other items in, on or about the Premises or the Building, which will in any way increase the rate of fire or liability or casualty insurance on the Building. Should Tenant fail to comply with the foregoing covenant on its part to be performed, Tenant shall reimburse Landlord for such increased amount upon written demand therefore from Landlord, the same to be considered Additional Rent payable hereunder.

e) Tenant hereby waives and releases Landlord of and from any and all liabilities, claims and losses for which Landlord is or may be held liable to the extent Tenant receives or is entitled to receive insurance proceeds on account thereof.

39. RECORDING. This Lease shall not be recorded without Landlord’s prior written discretionary consent.

40. STATUTORILY MANDATED NOTIFICATION. As required by F.S. 404.056(8), Landlord hereby notifies Tenant as follows: “RADON GAS: Radon is a naturally occurring radioactive gas that, when it has accumulated in a Building in sufficient quantities, may present health risks to persons who are exposed to it over time. Levels of radon that exceed federal and state guidelines have been found in Buildings in Florida. Additional information regarding radon and radon testing may be obtained from your county public health unit.”

41. NON-DISCLOSURE. Tenant agrees that it will not divulge or disclose to third parties (other than consultants and advisors of Tenant) the terms, provisions and conditions of this Lease. Tenant’s breach of this Item 41 shall constitute a Default under Item 21 of this Lease, no curative notice to Tenant from Landlord being required.

42. HAZARDOUS MATERIALS. Tenant shall not cause or permit any Hazardous Materials (as hereinafter defined) to be brought upon, kept or used in or about the Premises or the Building by Tenant, its agents, principals, employees, assigns, subtenants, contractors, consultants or invitees without prior written consent of Landlord, which consent may be withheld for any reason whatsoever or for no reason at all, except for storage, handling and use of reasonable quantities and types of office supplies in the Premises in the ordinary course and in the prudent conduct of Tenant’s business in the Premises. If Tenant breaches the obligations stated in the immediately preceding sentence, or if the presence of Hazardous Material on the Premises or around the Building caused or permitted by Tenant (or the aforesaid others) results in contamination of the Premises or the Building or the surrounding area(s), or if contamination of the Premises or the Building or the surrounding area(s) by Hazardous Material otherwise occurs for which Tenant is legally, actually or factually liable or responsible to Landlord (or any party claiming by, through or under Landlord) for damages, losses, costs or expenses resulting therefrom, then Tenant shall fully and completely indemnify, defend and hold harmless Landlord (or any party claiming by, through or under Landlord) from any and all claims, judgments, damages, penalties, fines, costs, liabilities or losses [including, without limitation: (i) diminution in the value of the Premises and/or the Building and/or the land on which the Building is located and/or any adjoining area(s) which Landlord owns or in which it holds a property interest; (ii) damages for the loss or restriction on use of rentable or usable space of any amenity of the Premise, the Building or the land on which the Building is located; (iii) damages arising from any adverse impact on marketing of space; and (iv) any sums paid in settlement of claims, attorney’s fees, consultants’ fees and expert fees] which arise during or after the Term of this Lease, as may be extended, as a consequence of such contamination. This indemnification of Landlord by Tenant includes, without limitations, costs incurred in connection with any investigation of site conditions or any clean-up, remedial, removal or restoration work required by any federal, state or local governmental agency or political subdivision because of Hazardous Material present in the soil or ground water on or under the Premises or the Building. Without limiting the foregoing, if the presence of any Hazardous Material on, under or about the Premises, the Building or the surrounding area(s) caused or permitted by Tenant (or the aforesaid others) results in any contamination of the Premises, the Building or the surrounding area(s), Tenant shall immediately take all actions at its sole expense as are necessary or appropriate to return the Premises, the Building and the surrounding area(s) to the condition existing prior to the introduction of any such Hazardous Material thereto; provided that Landlord’s prior written discretionary approval of such actions by Tenant shall be first obtained. The foregoing

obligations and responsibilities of Tenant shall survive the expiration or earlier termination of this Lease.

As used herein, the term “Hazardous Material” means any hazardous or toxic substance, material or waste, including, but not limited to, those substances, materials, and wastes listed in the United Stales Department of Transportation Hazardous Materials Table (49 CFR 172.101) or by the Environmental Protection Agency as hazardous substances (40 CFR Part 302) and amendments thereto, or such substances, materials and wastes that are or become regulated under any applicable local, state or federal law. “Hazardous Material” includes any and all material or substances which are defined as “hazardous waste”, “extremely hazardous waste” or a “hazardous substance” pursuant to state, federal or local governmental law. “Hazardous Substance” includes, but is not restricted to asbestos, polychlorobiphenyls (“PCB’s”) and petroleum.

Landlord and its agents shall have the right, but not the duty, to inspect the Premises at any time and from time to time to determine whether Tenant is complying with the terms of this Item 42. If Tenant is not in compliance with this Item 42, Landlord shall have the right to immediately enter upon the Premises to remedy any contamination caused by Tenant’s failure so to comply, notwithstanding any other provision of this Lease. Landlord shall use its best efforts to minimize interference with Tenant’s business, but shall not be liable for any interference caused thereby.

Tenant shall not (either with or without negligence) cause or permit the escape, disposal or release of any biologically or chemically active or other hazardous substances, or materials. Tenant shall not allow the storage or use of such substances or materials in any manner not sanctioned by law or by the highest standards prevailing in the industry for the storage and use of such substances or materials, nor allow to be brought into the Project any such materials or substances except to use in the ordinary course of Tenant’s business, and then only after written notice is given to Landlord of the identity of such substances or materials. Without limitation, hazardous substances and materials shall include those described in the Comprehensive Environmental Response, Compensation and Liability Act of 1980, as amended, 42 U.S.C. Section 9601 et seq., any applicable state or local laws and the regulations adopted under these acts. If any lender or governmental agency shall ever require testing to ascertain whether or not there has been any release of hazardous materials, then the reasonable costs thereof shall be reimbursed by Tenant to Landlord upon demand as additional charges if such requirement applies to the Premises. In addition, Tenant shall execute affidavits, representations and the like from time to time at Landlord’s request concerning Tenant’s best knowledge and belief regarding the presence of hazardous substances or materials on the Premises. In all events, Tenant shall indemnify Landlord in the manner elsewhere provided in this lease from any release of hazardous materials on the Premises occurring while Tenant is in possession, or elsewhere if caused by Tenant or persons acting under Tenant. The within covenants shall survive the expiration or earlier termination of the lease term.

Any non-compliance by Tenant with its duties, responsibilities and obligations under this Item 42 shall be an “automatic” (no notice of any nature from Landlord to Tenant being required) default of this Lease (see Item 21).

43. NOTICE TO OWNERS, PROSPECTIVE TENANTS AND BUYERS OF REAL PROPERTY REGARDING “THE AMERICANS WITH DISABILITIES ACT”. Please be advised that a Tenant of real property may be subject to the Americans With Disabilities Act (the ADA), a Federal law codified at 42 USC Section 12.101 et seq. Among other requirements of the ADA that could apply to your property, Title III of the ADA requires Tenants of “public accommodations” to remove barriers to allow access by disabled persons and provide auxiliary aids and services for hearing, vision or speech impaired persons by January 26, 1992. The regulations under Title III of the ADA are codified at 28 CFR Part 36.

We recommend that you and your attorney review the ADA and the regulations, and, if appropriate, your lease, to determine if this law could apply to you, and the nature of the requirements. These are legal issues. You are responsible for conducting your own independent investigation of these issues. The Landlord cannot give you legal advice on these issues.

44. INTERLINEATION. Whenever in this Lease any printed portion has been stricken, whether or not any relative provision has been added, this Lease shall be construed as if the material so stricken was never included in this Lease and no inference shall be drawn from the stricken material which would be inconsistent in any way with the construction or interpretation which would be appropriate if such material were never contained in this Lease.

45. AMENDMENTS. This Lease contains the entire agreement between the parties hereto and may not be altered, changed or amended, except by written instrument signed by both parties hereto. No provision of this Lease shall be deemed to have been waived by Landlord unless such waiver is in writing signed by Landlord and addressed to Tenant, nor shall any custom or practice which may grow up between the parties in the administration of the provisions hereof be construed to waive or lessen the right of Landlord to insist upon the performance by Tenant in strict accordance with the terms hereof. The terms, provisions, covenants, and conditions contained in this Lease shall apply to, inure to the benefit of, and be binding upon the parties hereto, and upon their respective successors in interest and legal representative, except as otherwise herein expressly provided.

The parties each acknowledge that they have thoroughly read and understand this Lease (to include its Exhibits and attachments) in its entirety, that they are completely familiar with each, every, any and all of the terms, covenants, provisions and conditions set forth therein and that there are no other representations, promises, covenants, assurances, conditions, statements, understandings, warranties or agreements (collectively, “Representations”) concerning this Lease which do not appear in writing therein. This Lease supersedes and revokes all previous negotiations, arrangements, letters of intent, offers to lease, lease proposals, brochures, Representations, and information or data conveyed, whether oral or in writing, between the parties and/or their respective representatives or any other person(s) purporting to represent either Landlord or Tenant. Each party acknowledges that it has not been induced to enter into this Lease by any Representations not expressly set forth herein. The parties further acknowledge that the terms and provisions contained within this Lease have been fully, freely and fairly negotiated by and between them. The parties each acknowledge that they have thoroughly read and understand this Lease (to include its Exhibits and attachments) in its entirety, that they are completely familiar with each, every, any and all of the terms, covenants, provisions and conditions set forth therein and that there are no other representations, promises,

covenants, assurances, conditions, statements, understandings, warranties or agreements (collectively, “Representations”) concerning this Lease which do not appear in writing therein. This Lease supersedes and revokes all previous negotiations, arrangements, letters of intent, offers to lease, lease proposals, brochures, Representations, and information or data conveyed, whether oral or in writing, between the parties and/or their respective representatives or any other person(s) purporting to represent either Landlord or Tenant. Each party acknowledges that it has not been induced to enter into this Lease by any Representations not expressly set forth herein. The parties further acknowledge that the terms and provisions contained within this Lease have been fully, freely and fairly negotiated by and between them.

46. TENANT WARRANTY. Tenant warrants and represents to Landlord that Tenant is not, and shall not become, a person or entity with whom Tenant is restricted from doing business with under regulations of the Office of Foreign Asset Control (“OFAC”) of the Department of the Treasury (including, but not limited to, those named on OFAC’s Specially Designated and Blocked Persons list) or under any statute, (including, but not limited to, the September 24, 2001 Executive Order Blocking Property and Prohibiting Transactions With Persons Who Commit, Threaten to Commit, or Support Terrorism), or other governmental action and is not and shall not engage in any dealings or transaction or be otherwise associated with such persons or entities.

47. OPTION TO RENEW. Provided that no default is then existing or continuing in the performance of any of the terms or covenants of this Lease, Landlord hereby grants Tenant the option of renewing and extending the term of this Lease for one (1) additional term of three (3) years, commencing at midnight on the expiration of the initial term of this Lease. In the event Tenant elects to exercise this option as contained herein, Tenant shall give written notice to Landlord of its election no later than nine (9) months prior to the end of the Lease Term. The Rent payable by Tenant to Landlord during the renewal term shall be the rent mutually agreed upon for said renewal term as representing the then prevailing market rate charged for comparable space to tenants of similar size and credit standing in the Westshore market. In the event Tenant and Landlord are unable to agree upon the prevailing market rate within five (5) days after Tenant exercises this option to renew, the option herein granted shall be deemed null and void and shall be of no further force or effect.

48. RIGHT OF FIRST REFUSAL (ROFR). Landlord grants Tenant a one-time Right of First Refusal (‘“ROFR”) to lease any available space on the fourth floor of Tower II (as outlined in Exhibit C) (the “ROFR Space”). Such ROFR shall be subject and subordinate to the rights of prior existing ROFR rightholders and to renewals, extensions and/or expansions by tenants at any time in possession of the ROFR Space, or any portion thereof.

1. The ROFR will be subject to Tenant’s receipt of a written notice from the Landlord that a prospective tenant has expressed an interest in leasing the ROFR Space, or any portion thereof, Tenant shall have five (5) business days following receipt of Landlord’s notice either to decline leasing the ROFR Space or to exercise its ROFR, after receipt of Landlord’s notice. Tenant’s response must be provided in writing. A declination by Tenant to exercise its ROFR, or a failure by Tenant to respond in writing shall be deemed to constitute an irrevocable and permanent declination and surrender of the opportunity to lease the ROFR Space.

2. Should Tenant choose to exercise its ROFR option within the five (5) business day period after receipt of the Landlord’s written notice, the following shall apply:

(a) The lease rate for the ROFR Space shall be at the greater of rental rates being charged by Landlord in the 1408 and 0000 X. Xxxxxxxxx Xxxxxxxxx buildings, or the then-current rental rate stated in the Lease at the time of the Commencement Date of Tenant’s occupancy of the ROFR Space;

(b) Any tenant improvements shall be negotiated between the Landlord and Tenant at the time Tenant exercises its ROFR option.

Should Tenant not respond to Landlord’s written notice within the five (5) business day allotted period, as required, indicating its interest in leasing the ROFR Space, or should the Tenant notify the Landlord within such five (5) business day allotted period, as required, notifying Landlord of its interest in leasing the ROFR Space and, within an additional (5) day period following Tenant’s written notification to Landlord, should Tenant and Landlord not agree upon the terms of leasing such ROFR. Space, including, but not limited to, rental rates, lease term, and a tenant improvement allowance, then Tenant’s Right of First Refusal under this Lease shall irrevocably and permanently terminate and be of no further force or effect,

IN WITNESS WHEREOF, the parties, either for themselves or by and through their undersigned, duly-authorized representatives, have executed this Lease for the purpose therein expressed.

Signed, sealed and delivered in the presence of:	TENANT: METASTORM, INC., a Maryland corporation.


/s/	By:	/s/ Xxxxxx X. Xxxxxxx
Witness 1 to Tenant
	Name:	Xxxxxx X. Xxxxxxx

/s/	Title:	President/CEO
Witness 2 to Tenant


	LANDLORD: EDGEWOOD GENERAL PARTNERSHIP


/s/	By:	/s/ Xxxxx Xxxxx Xxxxx
Witness 1 to Landlord
	Name:	Xxxxx Xxxxx Xxxxx
/s/
Witness 2 to Landlord	Title:	As President of Daper Tampa, Inc.
		A General Partner of Edgewood General Partnership

EXHIBIT “A”

The Premises

EXHIBIT “B”

Insert Work Specification/TI Budget Allowance

Landlord shall provide Tenant with a $14.00 per rentable square foot Tenant Improvement Allowance. It is understood and agreed between Landlord and Tenant that all tenant improvement-related costs exceeding this allowance shall be paid for by Tenant.

X.X.
XXXXXXXX,
INC.

GENERAL
CONTRACTOR
CGC057931

PROPOSAL
for
Suite 450
Metastorm
Towers at
Westshore
Tower II

7,846.00

RSF

GENERAL REQUIREMENTS	QUANTITY	UNIT TYPE	UNIT COST	SUBTOTAL	COST SQ. FT.
Dumpster fee	4	EA	440.00	1,760.00	0.22
Construction clean-up	6500	SF	0.15	975.00	0.12
Admin. and Insurance	1.00	LOT	2550.00	2,550.00	0.33
Permit Fees	1.00	LOT	1750.00	1,750.00	0.22
Supervision	8.00	WKS	650.00	5,200.00	0.66
GENERAL REQUIREMENTS TOTAL				12,235.00	1.56

DRYWALL & METAL STUDS	QUANTITY	UNIT TYPE	UNIT COST	SUBTOTAL	COST SQ. FT.
Construct new walls floor to ceiling	529.00	LF	45.00	23,805.00	3.03
Sound Batt in Training and Conference RM	1,328.00	SF	0.35	464.80	0.06
Blocking for cabinets	1.00	LOT	150.00	150.00	0.02
DRYWALL & METAL STUDS TOTAL				24,419.80	3.11

FLOOR COVERING	QUANTITY	UNIT TYPE	UNIT COST	SUBTOTAL	COST SQ. FT.
Install new carpet throughout	802.00	YDS	15.00	12,030.00	1.53
Install VCT in Break Room	330.00	SF	1.45	478.50	0.06
Floor prep	1.00	LOT	750.00	750.00	0.10
Provide and install 4” cove base	1,280.00	LF	1.35	1,728.00	0.22
FLOOR COVERING TOTAL				14,986.50	1.91

ELECTRICAL	QUANTITY	UNIT TYPE	UNIT COST	SUBTOTAL	COST SQ. FT.
Duplex receptacles	72.00	EA	85.00	6,120.00	0.78
GFI duplex receptacles	1.00	EA	85.00	85.00	0.01
Power poles	4.00	EA	180.00	720.00	0.09
Cubicle hook-up	1.00	EA	1900.00	1,900.00	0.24
New 20 amp circuits	14.00	EA	200.00	2,800.00	0.36
New light fixtures	20.00	EA	125.00	2,500.00	0.32
Provide and install emergency light fixtures	8.00	EA	165.00	1,320.00	0.17
Provide and install new exit light fixtures	6.00	EA	225.00	1,350.00	0.17
Dedicated circuits	4.00	EA	185.00	740.00	0.09
Three way switches	6.00	EA	85.00	510.00	0.07
Fire alarm stub outs	8.00	EA	45.00	360.00	0.05
Ceiling support	1.00	LOT	850.00	850.00	0.11
Four way switches	2.00	EA	105.00	210.00	0.03
Single pole switches	16.00	EA	65.00	1,040.00	0.13
Telephone/data outlets	16.00	EA	45.00	720.00	0.09
ELECTRICAL TOTAL				21,225.00	2.71

PAINTING & WALL COVERING	QUANTITY	UNIT TYPE	UNIT COST	SUBTOTAL	COST SQ. FT.
Paint interior walls 2 coats latex	11,520.00	SF	0.55	6,336.00	0.81
Paint door frames	20.00	EA	40.00	800.00	0.10
PAINTING & WALL COVERING TOTAL				7,136.00	0.91

MECHANICAL (HVAC)	QUANTITY	UNIT TYPE	UNIT COST	SUBTOTAL	COST SQ. FT.
Install new supply diffusers and ducts	18	EA	225.00	4,050.00	0.52
Install return air grills	20	EA	35.00	700.00	0.09
MECHANICAL (HVAC) TOTAL				4,750.00	0.61
Mechanical doesn’t include a supplemental unit in server room.

DOOR FRAMES AND HARDWARE	QUANTITY	UNIT TYPE	UNIT COST	SUBTOTAL	COST SQ. FT.
Door hardware package	15	EA	110.00	1,650.00	0.21
3070 Hollow metal door frames	15	EA	115.00	1,725.00	0.22
3070 Prefinished doors	15	EA	345.00	5,175.00	0.66
Labor to install doors, frames and hardware	15	EA	85.00	1,275.00	0.16
Door hinges	45	EA	15.00	675.00	0.09
Door stops	15	EA	15.00	225.00	0.03
DOOR FRAMES AND HARDWARE TOTAL				10,725.00	1.37

FIRE PROTECTION	QUANTITY	UNIT TYPE	UNIT COST	SUBTOTAL	COST SQ. FT.
Relocate sprinkler heads	25	EA	125.00	3,125.00	0.40
Install fire horns and strobes	8	EA	565.00	4,520.00	0.58
FIRE PROTECTION TOTAL				7,645.00	0.97

MILLWORK, SPECIALTY AND PLUMBING	QUANTITY	UNIT TYPE	UNIT COST	SUBTOTAL	COST SQ. FT.
Upper and base cabinets in break room	12	LF	235.00	2,820.00	0.36
Break room sink	1	EA	2500.00	2,500.00	0.32
MILLWORK, SPECIALTY AND PLUMBING TOTAL				5,320.00	0.68

SUMMARY	SUBTOTAL	COST SQ. FT.
General Requirements	12,235.00	1.56
Drywall & Metal Studs	24,419.80	3.11
Floor covering	14,986.50	1.91
Electrical	21,225.00	2.71
Painting	7,136.00	0.91
Mechanical	4,750.00	0.61
Millwork	5,320.00	0.68
Doors Frames and Hardware	10,725.00	1.37
Fire Protection	7,645.00	0.97
CONSTRUCTION SUBTOTAL	108,442.30	13.82
Contractors Fee	10,844.23	1.38
GENERAL CONTRACTOR TOTAL:	119,286.53	15.20

Landlord direct cost for demo of existing:	1	EA	1400	1400.00	0.18
Contingency	1	EA	1500	1500.00	0.19
Construction drawings	7846	EA	0.8	6276.80	0.80
GRAND TOTAL OF JOB:				128,463.33	16.37

EXHIBIT “C”

RULES AND REGULATIONS

The following Building Rules and Regulations have been adopted by the Landlord for the care, protection and benefit of the Premises, the Building, and the Land and for the general comfort and welfare of all Tenants. The use of the word “Premises” in this Exhibit C shall be deemed to mean Premises, Building and Land.

1. Any sign, lettering, picture, notice, or advertisement installed within Tenant’s Premises (including but not limited to Tenant Identification signs on doors to the Premises) which is visible outside of the Premises shall be installed in such manner, character and style as Landlord may approve in writing. No sign, lettering, picture, notice or advertisement shall be placed on any outside window or in any position so as to be visible from outside the Building or from any atrium or lobbies of the Building.

2. The sidewalks, entrances, passages, halls, elevators and stairways shall not be obstructed by Tenant or used by Tenant for any purpose other than for ingress and egress to and from the Building and Tenant’s Premises.

3. Restroom facilities, water fountains, and other water apparatus shall not be used for any purpose other than those for which they were constructed.

4. Landlord reserves the right to designate the time when freight, furniture, goods, merchandise and other articles may be brought into, moved or taken from Tenant’s Premises or the Building. Tenant shall schedule any move-in or move-out dates with the Landlord, prior to commencing any such moving; such move-in and move-out dates must be acceptable to the Landlord and shall not be done on major holidays or Sundays unless specifically approved in writing in advance by the Landlord, in accordance with the Landlord’s moving policy. In the event that Landlord does approve any moving on a major holiday or a Sunday, under such circumstances all additional expense incurred by the Landlord shall be immediately reimbursed to the landlord by the Tenant.

5. Tenant shall not put additional locks or latches upon any door without the written consent of Landlord. Any and all locks so added on any door shall remain for the benefit of Landlord, and the keys to such locks shall be delivered to Landlord by and from Tenant. The Landlord shall be provided the means of opening any safes, cabinets or vaults left in the premises.

6. Landlord shall not be liable for injuries, damage, theft, or other loss, to persons or property that may occur upon, or near any parking areas that may be provided by Landlord. Tenant, its agents, employees, and invitees are to use same at their own risk. The driveways, entrances, and exits upon, into and from such parking areas shall not be obstructed by Tenant, Tenant’s employees, agents, guests, or invitees; provided, however, Landlord shall not be responsible or liable for failure of any person to observe this rule. Tenant, its employees, agents or guests and/or invitees shall not park in space(s) that may be reserved for others, including “Handicapped Parking” and/or spaces marked “Tow

Zone” or “No Parking.” Landlord will use its discretion to tow away a car that violates any parking rule, at the car owner’s/driver’s expense.

7. It is expressly understood and agreed that any item of any nature whatsoever placed in Common Areas (i.e., hallways, restrooms, elevators, parking garage, storage areas and equipment rooms) are placed at the Tenant’s sole risk and Landlord assumes no responsibility whatsoever for any loss or damage as regards same.

8. Tenant assumes full responsibility for protecting its space from theft, robbery and pilferage, which includes keeping doors locked and other means of entry to the Premises closed and secured unless left unlocked by janitorial service personnel or Building maintenance people.

9. Tenant shall not make noises, cause disturbances, create vibrations, odors or noxious fumes or use or operate any electrical or electronic devices or other devices that emit sound, waves or are dangerous to other Tenants and occupants of the Building or that would interfere with the operation of any device or equipment or radio or television broadcasting or receptions from or within the Building or elsewhere, or with the operation of roads or highways in the vicinity of the Building and shall not place or install any projections, antennas, aerials or similar devices inside or outside of the Premises.

10. Tenant shall not install in the Premises any heavyweight equipment or fixtures or permit any concentration of excessive weight in any portion thereof without first having obtained Landlord’s written consent.

11. Landlord reserves the right at all times to exclude newsboys, loiterers, vendors, solicitors, and peddlers from the Building and to require registration or satisfactory identification or credentials from all persons seeking access to any part of the Building outside ordinary business hours. Landlord will exercise its best judgment in the execution of such control but will not be liable for the granting or refusal of such access.

12. Tenant shall not install nor operate machinery or any mechanical devices or a nature not directly related to Tenant’s ordinary use of the Premises without the written permission of Landlord.

13. In no event shall any person bring into the Building inflammables such as gasoline, naphtha and benzene, or explosives or firearms. If by any reason of the failure of Tenant to comply with the provisions of this paragraph, any insurance premium payable by Landlord for all or any part of the Building shall at any time be increased above normal insurance premiums for insurance not covering the items aforesaid, Landlord shall require Tenant to make immediate payment for the whole or the increased insurance premium.

14. Tenant shall comply with all applicable federal, state and municipal laws, ordinances and regulations and Building rules, and shall not directly or indirectly make any use of the Premises which may be prohibited thereby or which shall be dangerous to person or property.

15. Tenant shall not:

a) Use the Premises for lodging, manufacturing or for any immoral or illegal purposes.

b) Use the Premises to engage in the manufacture or sale of, or permit the use of, any spirituous, fermented, intoxicating or alcoholic beverages on the Premises.

c) Use the Premises to engage in the manufacture or sale of, or permit the use of, any illegal drugs on the Premises.

16. If Tenant desires signal, communication, alarm or other utility or service connection install or changed, the same shall be made at the expense of Tenant, with approval and under direction of Landlord.

17. Landlord shall furnish a reasonable number of door keys to Tenant’s Premises and/or the Building which shall be surrendered on termination or expiration of the Lease. Further, Tenant shall not alter the locks or effect any substitution of such locks as are presently being used in Tenant’s Premises or the Building.

18. All installations in the Common Telephone/Electrical Equipment Rooms shall be limited to terminal boards and connections. All other electrical equipment must be installed within Tenant’s Premises.

19. Tenant, or the employees, agents, servants, visitors or licensees of Tenant shall not at any time or place, leave or discard any rubbish, paper, articles, or objects of any kind whatsoever outside the doors of the Premises or in the corridors or passageways of the Building. No animals or birds shall be brought or kept in or about the Building.

20. Tenant shall cooperate and participate in all security programs affecting the Building.

21. Landlord shall have the right to limit or control the number and format of listings on the main Building directory.

22. In the event Landlord allows one or more Tenants in the Building to do any act prohibited herein, Landlord shall not be precluded from denying any other Tenant the right to do any such act.

23. Tenant shall not waste electricity or water and agrees to cooperate fully with Landlord to assure the most effective operation of the Building’s heating and air conditioning and shall refrain from attempting to adjust any controls. Tenant shall keep public corridor doors closed.

24. Landlord reserves the right at all times to exclude the general public from the Building upon such days and at such hours as in Landlord’s sole judgment will be in the best interest of the Building and its Tenants.

25. If the Premises are furnished with carpeting, Tenant shall provide a Plexiglas or comparable carpet protection mat for each desk chair customarily used by Tenant. Fore default or carelessness in these respects, Tenant shall pay Landlord the cost of repairing or replacing said carpet, in whole or in part, as Additional Rent when, in Landlord’s sole judgment, such repair or replacement is necessary.

26. Landlord shall have the right to prohibit any advertising by Tenant, which in Landlord’s opinion, tends to impair the reputation of the Building or its desirability for offices, and, upon written notice from Landlord, Tenant will refrain from or discontinue such advertising.

27. Tenant shall not xxxx, paint, drill into, or in any way deface any part of the Building or the Premises. No boring, driving of nails or screws, cutting or stringing of wires shall be permitted, except with the prior written consent of Landlord, and as Landlord may direct. Tenant shall not install any resilient tile or similar floor covering in the Premises except with the prior approval of Landlord. The use of cement or other similar adhesive material is expressly prohibited.

28. No animals are permitted on the Premises with the exception of those used to aid handicapped persons.

29. Tenant shall be required to maintain all areas exposed to the Atrium glass side (visible from the Atrium/Lobby) or visible from the Building or the exterior, in a neat and orderly manner at all times as specified by Landlord’s reasonable discretion Tenant agrees that all wires and computer cords shall remain concealed and not visible from the Atrium or from the exterior of the Building. Any interior signage or wall hangings that are visible from the Atrium or from the exterior of the Building must receive Landlord’s prior approval before their installation. No file cabinets or bookshelves shall be placed within two (2) feet of the window(s). Tenant’s failure to comply with the provisions of this Paragraph shall constitute a breach of the Lease agreement and be subject to remedies as specified by the Landlord. Landlord reserves the right to monitor and facilitate changes to the Premises in order to ensure that the Premises are maintained in a Building standard manner. Landlord shall provide Building standard horizontal mini blinds for the Premises, which blinds shall remain in the fully lowered position, closed at a 45 degree angle at all times.

30. Landlord reserves the right to prescribe the specifications for signage in the Atrium/Lobby and all common areas of the Building. Landlord may at any time change the Building standard for such signage and require compliance by the Tenant. Tenant may not display promotional material including but not limited to credit card logos, hours of operations, services offered, logos, etc. on or near any of the atrium glass or entry doors to the Tenant’s Premises. All signage requirements made by the Tenant shall be submitted, in writing, to Landlord for review and approval.

EXHIBIT “D”

From the Northwest xxxxx of Xxx 00, Xxxxx 0, XXXXXXXX Subdivision, according to map or plat thereof recorded in Plat Book 14, Page 18, Public Records of Hillsborough County, Florida; run thence S.89°03’35”E, along the North boundary of said Block 1, 150.00 feet to the Point of Beginning; continue thence S.89°03’35”E, along the North boundary of said Block 1 and an Easterly extension thereof, 479.96 feet; run thence N.00°29’36”E, along the West boundary of the Southwest ¼ of the Southeast ¼ of Section 00, Xxxxxxxx 00 Xxxxx, Xxxxx 18 East, Hillsborough County, Florida, 21.00 feet; thence S.88°59’16”E, along a line 15.00 feet South of and parallel with the North boundary of the said Southwest ¼ of the Southeast ¼ of Section 17, 599.86 feet; run thence S.44°16’25”E, along the Westerly right-of-way line of Westshore Boulevard 28.43 feet; run thence S.00°26’25”W, along said Westerly right-of-way line, 190.00 feet; thence N.89°33’35”W, 355.00 feet; run thence N.00°26’25”E, 141.00 feet; run thence N.89°33’35”W, 140.00 feet; run thence N.89°03’35”W, 45.00 feet; run thence S.00°26’25”W, 66.00 feet; run thence N.89°03’35”W, 559.66 feet; run thence N.00°21’45”E, along a line 150.00 feet East of and parallel with the East right-of-way line of Xxxx Street, 119.10 feet to the Point of Beginning. (Being known as Austin Center West – Phase I).

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LEASE AGREEMENT BETWEEN EDGEWOOD GENERAL PARTNERSHIP “Lessor/Landlord” AND METASTORM, INC., a Maryland corporation “Lessee/Tenant”

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