1
EXHIBIT 10.51
1. BASIC LEASE PROVISIONS:
A. Building Address: 2101 So. Xxxxxxxxx Xxxxxxx Xxxx
Xxxxxxxxx Xxxxxxx, Xxxxxxxx 00000
B. Landlord and Address: LaSalle Bank National Association, Successor
Trustee to American National Bank and Trust
Company of Chicago As Trustee Under
Trust No. 59948
c/o Liz-Green, Inc.
2101 So. Xxxxxxxxx Xxxxxxx Xxxx
Xxxxxxxxx Xxxxxxx, Xxxxxxxx 00000
C. Tenant and Current Address: Security Associates International, Inc.
2101 So. Arlington Heights Rd. #100
Xxxxxxxxx Xxxxxxx, Xxxxxxxx 00000
D. Date of Lease: August 12, 2000
E. Length of Lease Term: Ten (10) years
F. Commencement Date of Term: January 1, 2001
G. Expiration Date of Term: December 31, 2010
H. Annual Net Base Rent: See Exhibit "A"
I. Actual Combined Operating
& Real Estate Tax Adjustment: See Exhibit "A"
J. Rentable Area of Premises; 18,233 Square Feet
K. Rentable Area of Building: 61,733 Square Feet
L. Tenant's Proportionate Share: 29.54% (Percent)
M. Security Deposit: None
N. Suite Numbers of Premises: Suite #150 and Suite #145
O. Broker: Liz-Green, Inc.
P. Exhibits: Exhibit A - Annual Rent Schedule
Exhibit B - Cleaning Specifications
Exhibit C - Rules & Regulations
Exhibit D - Space Plan Of Premises
Exhibit E - Scope Of Work Clarifications
2
2. LEASING AGREEMENT. LaSalle Bank National Association, Successor Trustee to
American National Bank and Trust Company of Chicago, As Trustee Under Trust No.
59948 (the "Landlord") and the beneficiaries of a certain Trust Agreement dated
December 15, 1983, and known as Trust Number 59948 at LaSalle Bank National
Association (the "Beneficiary") leases to Tenant and Tenant leases from
Landlord the premises (the "Premises") which are or will be contained in the
building (the "Building") located at 0000 Xxxxx Xxxxxxxxx Xxxxxxx Xxxx,
Xxxxxxxxx Xxxxxxx, Xxxxxxxx 00000. The terms of this lease (the "Term") shall
commence on the date (the "Commencement Date") which is the earlier to occur of
the date stated in Paragraph 1F, or the date Tenant first occupies all or part
of the Premises for the conduct of business. The Term shall expire on the date
(the "Expiration Date") stated in Paragraph 1G, unless terminated earlier as
otherwise provided in this Lease.
3. SERVICES.
A. Basic Services. Landlord shall furnish the following services, subject to
applicable laws and governmental restrictions and to the other provisions of
this Lease.
(1) Cooled and heated air in season of all common areas within the Building,
daily from 7:30 A.M. to 6:00 P.M. (Saturdays from 8:00 A.M. to 1:00 P.M.),
Sundays and holidays excepted. These utility costs are a part of the Building's
operating expense as more fully described in 7.A.(1).
(2) Customary maintenance and repair of the exterior portion of the Building
(including the roof), the parking area for the Building, the common areas of
the Building and, subject to Tenant's obligations under subsections (1), (2)
and (3) of Paragraph 3B below, the structural, mechanical, plumbing and
electrical systems of the Building.
(3) Cold water for drinking, lavatory and toilet purposes drawn through
fixtures installed by Landlord, or by Tenant with Landlord's written consent,
and hot water for lavatory purposes drawn from regular Building supply at the
prevailing temperatures. Tenant shall pay Landlord at rates fixed by Landlord
for water furnished for any other purpose.
(4) Customary janitor service in and about the common areas within the
Building, Monday through Friday; Saturdays, Sundays and holidays excepted.
Attached to this Lease as Exhibit "B" are the current cleaning specifications
for the Building, all of which Tenant hereby agrees shall be deemed to be
reasonable.
(5) Washing of the windows in the common areas of the Building and washing of
the exterior windows in the Premises shall be furnished periodically at such
times as Landlord in its discretion shall determine.
(6) Lighting of common areas of the Building's West wing during the Building's
normal hours will be as specified in subsection (1) of this Paragraph 3A.
Lighting of common areas of the Building's East wing will remain on (24) twenty
four hours per day, (7) seven days per week. Parking lot lighting of exterior
parking lot at Building's East wing shall have those light standards
illuminated as required by time of year from 5:00 p.m. to 9:00 a.m. C.S.T.
(7) Clearance of snow from the parking lot and sidewalks carving the Building
at such times as Landlord in its discretion shall determine.
(8) Landscaping of the plants and foliage in the common areas of the Building
at such times as Landlord in its discretion shall determine.
(9) Exterior paved parking area with spaces available for Tenant's use on a
first-come, first-serve basis and for use by Landlord and its agents and other
tenants, guests and invitees, including rubbish removal and cartage in and
about the premises Mondays through Saturday both inclusive, Sundays and
holidays excluded.
B. Tenant's Uilities and Certain Services.
(1) Electricity shall not be furnished by Landlord, but shall be furnished by
the approved electric utility company serving the Building. Landlord shall
permit Tenant to receive such service directly from such utility company at
Tenant's cost and shall permit Landlord's wire and conduits, to the extent
available, suitable and safely capable, to be used for such purposes. The
Premises shall contain two (2) electrical meters installed at Landlord's
expense, one for heating and air conditioning and the other for lighting and
outlets. Tenant shall make all necessary arrangements with the utility company
for paying for electric current furnished by the utility company to the
Premises and Tenant shall pay for all charges for all electric current consumed
in the Premises, including without limitation, performance of janitor service,
the making of any alterations or repairs in the Premises, the operation of all
heating, ventilating and air conditioning systems and the operation of all
other systems which may be required by telephone or data processing equipment,
and for other special equipment or machinery installed by Tenant.
(2) Tenant agrees to purchase from Landlord, all lamps, bulbs, ballast's and
starters used in the Premises after the initial installation of same.
(3) Heating and air conditioning equipment currently installed servicing
the Premises shall be repaired and maintained at Landlord's sole cost, this
also includes replacement of filters within the heating and air conditioning
equipment. Tenant shall maintain a temperature in the Premises at all times
during the term of not less than 55 degree(s) Fahrenheit. In the event any
heating or air conditioning equipment servicing the Premises requires
replacement as a result of Tenant's failure to permit Landlord to perform its
1
3
obligations under this subsection (3) of Paragraph 3B or to notify Landlord of
any malfunction or other problem of such equipment, then Tenant also shall bear
the cost of the replacement of such equipment.
(4) Heating and air conditioning equipment to be installed by Tenant which
will serve the to be constructed UPS room and Call Center rooms will be repaired
and maintained at the sole cost of the Tenant.
(5) Any emergency back up generators and UPS systems shall repaired and
maintained at the sole cost of the Tenant.
(6) Tenant shall make arrangements directly with the Telephone company
servicing the Building for such telephone service in the Premises as is, desired
by Tenant and the cost of all such telephone service (including the cost of
installing all wires and cables) shall be paid for by Tenant.
(7) If Tenant desires telegraphic, burglar alarm, computer installations or
signal service, Landlord shall upon request of Tenant direct where and how all
connections for such service shall be introduced and run. In the absence of such
directions, Tenant shall make no borings, cutting or installation of wires or
cables in or about the Premises. The cost of all such installations and service
shall be paid for by Tenant.
C. Additional Services. Landlord shall in no event be obligated to furnish
any services or utilities, other than those stated in Paragraph 3A. If Landlord
elects to furnish services or utilities requested by Tenant in addition to those
stated in Paragraph 3A (including utility services in the common areas of the
Building at times other than those stated in Paragraph 3A), Tenant shall pay to
Landlord Landlord's then prevailing charges for such services and utilities
within thirty (30) days after receipt of Landlord's statements. If Tenant shall
fail to make any such payment, Landlord may, without notice to Tenant and in
addition to all other remedies available to Landlord, discontinue any or all of
the additional services. No discontinuance of any service under this Paragraph
3C shall result in any liability of Landlord to Tenant or be considered as an
eviction or a disturbance of Tenant's use of the Premises.
D. Failures or delays in furnishing services.
(1) Tenant agrees that Landlord shall not be liable for damages for any
failure, delay or interruption in the furnishing of any of the services
described in Paragraphs 3B or 3C above, if such failure delay or interruption
shall be remedied with 96 hours and that during such periods, the interior
temperature of the Premises shall not exceed 90 degrees F nor fall below 55
degrees F.
(2) Tenant agrees that Landlord shall not be liable for damages for any
failure to furnish or delay in furnishing any service stated in Paragraph 3A if
such failure or delay is caused, in whole or in part, by any one or more of the
events stated in Paragraph (24 L)
(3) No failure or delay in furnishing any service stated in Paragraph 3A, 3B
or 3C caused in whole or in part by any one or more of the events stated in
Paragraph (24 I), shall not be considered to be an eviction or disturbance of
Tenant's use of the Premises, or relieve Tenant from its obligation to pay all
Rent when due or from any other obligations of Tenant under this Lease provided
such failure shall not result in a health or safety hazard, exceed 96 hours in
duration or result in temperatures exceeding 90 degrees F nor falling below 55
degrees F.
4. POSSESSION, USE AND ENJOYMENT
A. Possession and Use of Premises. Tenant shall be entitled to possession of
the Premises on January 01, 2001. Tenant shall occupy and use the Premises for
general office purposes only, with the exception of approximately (2,000) two
thousand square feet in the Eastern portion of the Leased Premises which shall
be used as a call center that will be operated on a (24) twenty four hour (7)
seven day per week basis. Tenant shall not occupy or use the Premises or permit
the use or occupancy of the Premises for any purpose or in any manner which:
(1) may be dangerous to persons or property;
(2) may invalidate or increase the amount of premiums for any policy of
insurance affecting the Building, and if any additional amounts of insurance
premiums are so incurred, Tenant shall pay to Landlord the additional amounts on
demand; or
(3) may create a nuisance, disturb any other tenant of the Building or the
occupants of neighboring property or injure the reputation of the Building.
B. Quiet Enjoyment. Provided that Tenant is not in breach or default under
this Lease, Tenant shall be entitled to peaceful and quiet enjoyment of the
Premises, subject to the terms of this Lease.
5. CONDITION OF PREMISES. Tenant shall notify Landlord in writing within
thirty (30) days after Tenant takes possession of the Premises of any defects in
the Premises claimed by Tenant. Except for defects stated in such notice and
latent defects of which Tenant becomes aware and notifies Landlord after the
Commencement Date, Tenant shall be conclusively presumed to have accepted the
Premises in the condition existing on the date Tenant first takes possession and
to have waived all claims relating to the condition of the Premises. No
agreement of Landlord to alter, remodel, decorate, clean or improve the Premises
or the Building, and no representation regarding the condition of the Premises
or the Building has been made by or on behalf of Landlord to Tenant, except as
stated in this Lease. In addition to and without limitation of Tenant's
obligations under subsection (3) of Paragraph 3B above. Tenant, at
2
4
its expense, shall keep the Premises in good repair and operating condition and
shall promptly repair all damage to the Premises caused by Tenant, or any of its
employees, agents or invitees.
6. NET BASE RENT. Tenant shall pay to Landlord Net Base Rent during the Term
at the annual rate(s) stated in Paragraph 1H. Net Base Rent shall be payable in
equal monthly installments in advance on the first day of each calendar month
during the Term, except that the installment of Net Base Rent due for the first
month of the Term in which Net Base Rent is payable shall be paid by Tenant to
Landlord when Tenant signs this Lease.
7. RENT ADJUSTMENT.
A. Definitions. As used in this Lease:
(1) "Expenses" shall mean and include all expenses, costs, fees and
disbursements paid or incurred by or on behalf of Landlord for owning, managing,
operating, maintaining and repairing the Building, the land upon which the
Building is situated (the "Land") and the personal property and equipment used
in connection with the Building or the Land. Expenses shall include the cost of
any capital improvements to the Building made after the date of this Lease which
are intended to reduce Expenses or which are required under any governmental
laws, regulations or ordinances which were not applicable to the Building at the
time it was constructed, which cost shall be amortized over such reasonable
period as Landlord shall determine, together with interest on the un-amortized
cost of any such improvement (at the prevailing loan rate available to Landlord
on the date the cost of such improvement was incurred). Expenses shall not
include "Taxes" (as defined in Paragraph 7.A. (2), costs of alterations of the
premises of tenants of the Building, interest and principal payments on
mortgages, ground rental payments and real estate brokerage and leasing
commissions and activities for the sole purpose of marketing or leasing.
(2) "Taxes" shall mean any and all charges that are evidenced by the
semi-annual real estate tax bills issued by the Xxxx County Collectors Office or
any other agency empowered to render a real estate tax xxxx for the Building.
(3) "Tenant's Proportionate Share" shall mean the percentage stated in
Xxxxxxxxx 0X. Tenant's Proportionate Share is determined by dividing the
rentable area of the Premises (which the parties mutually agree contains the
area stated in Paragraph 1J) by the rentable area of the Building (which the
parties mutually agree contains the area stated in Paragraph 1K).
B. Rent Adjustment. In addition to Base Rent, Tenant shall pay to Landlord
for each calendar year occurring entirely or partially within the Term (herein
sometimes called "Rent Adjustment"), Tenant's Proportionate Share of the sum of
all Expenses plus all Taxes for such calendar year as listed on Page 1. Item I
of the Basic Lease Provisions.
C. Payments of Rent Adjustment. Tenant shall make payments ("Progress
Payments") on account of the Combined Expense and Tax Adjustment for each
calendar year occurring entirely or partially within the Term as follows.
Landlord may furnish to Tenant prior to such calendar year and from time to
time during such calendar year a written notice (a "Projection Notice") setting
forth (i) Landlord's reasonable estimates, forecasts or projections of Taxes
and Expenses for such calendar year, (ii) the Combined Expense and Tax
Adjustment for such calendar year based upon such projections, and (iii) the
monthly Progress Payments to be made by Tenant for such year based upon such
projected Combined Expense and Tax Adjustment. Until Landlord furnishes a
Projection Notice for such calendar year, Tenant shall pay to Landlord Progress
Payments (at the time of and together with each monthly installment of Base
Rent) equal to the greater of the latest monthly installment of Progress
Payments or one-twelfth (1/12th) of the sum of the latest actual Combined
Expense and Tax Adjustment as determined by Landlord. On or before the first
day of the month immediately following service of a Projection Notice, and on
or before the first day of each following month until Tenant receives a further
Projection Notice, Tenant shall pay to Landlord the monthly installment of
Progress Payments shown in the Projection Notice. Within thirty (30) days
following service of a Projection Notice, Tenant shall also pay to Landlord a
lump sum payment equal to the Progress Payments owing by Tenant to Landlord (as
shown in the Projection Notice) for the period commencing on the first day of
such calendar year and expiring on the last day of the month during which such
Projection Notice is served, less all Progress Payments previously paid by
Tenant to Landlord for such calendar year.
D. Readjustments. After the end of each calendar year and after Landlord
shall have determined the actual amounts of Taxes and the actual amount of
Expenses to be used in determining the Combined Expense and Tax Adjustment for
such calendar year, Landlord shall furnish Tenant a statement ("Landlord's
Statement") of Taxes and Expenses and the Combined Expense and Tax Adjustment
for such calendar year. If the sum of the Combined Expense and Tax owned for
such calendar year exceeds the Progress Payments paid by Tenant to Landlord for
such calendar year, then Tenant shall pay to Landlord within thirty (30) days
after the date of Landlord's Statement, an amount equal to such excess. If the
Progress Payments paid by Tenant to Landlord for such calendar year exceed the
sum of the Combined Expense and Tax Adjustment owed for such calendar year,
then Landlord shall credit such excess to Rent payable after the date of
Landlord's Statement until such excess is exhausted. If this Lease shall expire
or terminate prior to full application of such excess, Landlord shall pay to
Tenant the unapplied balance that is not reasonably required for payment of
Rent Adjustment for the calendar year in which the Lease expires or terminates.
No interest or penalties shall accrue on any amounts which Landlord is
obligated to credit or pay to Tenant by reason of this Paragraph 7D. Unless
Tenant shall take written exception to any item shown in any Landlord's
Statement within thirty (30) days after the date of such Landlord's Statement,
Landlord's Statement shall be considered as final and conclusively binding upon
Tenant.
E. Survival. The obligations of Tenant to pay Rent Adjustment provided for in
this Paragraph 7 shall survive the expiration or termination of this Lease.
Tenant shall pay any Rent Adjustment owing to Landlord within fifteen (15) days
after the date of Landlord's Statement for the calendar year in which this
Lease expires or terminates.
3
5
F. No Decrease in Base Rent. In no event shall the determination of any Rent
Adjustment owing under this Paragraph 7 result in a decrease in the Net Base
Rent stated in Paragraph 1H.
G. Books and Records. Landlord shall maintain books and records of Expenses
and Taxes in accordance with sound accounting and managing practices. Provided
that all Rent (including Rent Adjustment) has been paid in full and Tenant is
not otherwise in breach or default under this Lease, the books and records shall
be available to Tenant for inspection during Landlord's normal business hours
upon prior reasonable notice at a location designated by Landlord.
H. Payment of Rent. All charges, costs and sums required to be paid by Tenant
under this Lease in addition to Net Base Rent and Rent Adjustment shall be
considered additional rent, and Base Rent, Rent Adjustment and additional rent
shall be collectively called "Rent". Rent shall be payable without demand,
notice, offset or deduction, except as otherwise specifically stated in this
Lease. All Rent due under this Lease shall be paid by checks payable to the
order of Arlington Associates, and delivered to Liz-Green, Inc., the managing
agent ("Manager"), which checks shall be mailed or delivered to Manager at the
Office of Manager, 2101 So. Xxxxxxxxx Xxxxxxx Xxxx, Xxxxxxxxx Xxxxxxx, Xxxxxxxx
00000 or in such other manner or at such other place as Landlord or Beneficiary
may from time to time designate to Tenant. Net Base Rent and Rent Adjustment
will be prorated for partial months or years within the Term. Tenant's covenant
to pay Rent shall be independent of each and every other covenant and provision
of this Lease.
8. SECURITY DEPOSIT. None.
9. ALTERATIONS.
A. Approvals. Without Landlord's prior written consent (which consent shall
not be unreasonably withheld), Tenant shall not make or cause to be made any
alterations, improvements, additions, changes or repairs (an "alteration",
collectively) in or to the Premises or the Building. As a condition to granting
its consent to any alteration, Landlord may impose reasonable requirements,
including, without limitation, requirements as to the manner and time for the
performance of such alteration and the type and amount of insurance and bonds.
Tenant must acquire and maintain during the course of performance of such
alteration. In addition, Landlord shall have the right to: approve the
contractors or mechanics performing the alteration; approve all plans and
specification for the alteration; review the work of Tenant's architects,
engineers, contractors or mechanics; such approval shall not be unreasonably
withheld. The Landlord may order reasonable changes in such alteration in
instances in which materials or workmanship is defective or not in accordance
with plans or specifications previously approved by Landlord. Tenant shall pay
the entire cost of an alteration, and if requested by Landlord, shall deposit
with Landlord prior to commencement of such alteration, funds or other security
reasonably acceptable to Landlord covering the full cost of such alteration.
Each alteration shall become the property of Landlord when made and shall be
surrendered with the Premises upon the expiration or termination of this Lease;
provided, however, that Landlord may, by written notice to Tenant, require
Tenant, at its expense, to remove any or all alterations, including but not
limited to the UPS system, exterior diesel generator, exterior antennas and all
associated electrical panels and feeders and repair any damage to the Premises
or Building caused by such removal, prior to the expiration or termination of
this Lease.
B. Compliance with Laws. Each alteration shall be performed in a good and
workmanlike manner using new grades of materials; in full compliance with all
applicable laws, ordinances and governmental regulations, rules and
requirements; and in full compliance with all insurance rules, orders,
directions, regulations and requirements.
C. No Liens. Before any alteration is commenced, Tenant shall give Landlord
at least fifteen (15) days' prior written notice of same. Tenant, at its
expense, shall procure and deliver to Landlord a completion and lien indemnity
bond satisfactory to Landlord for such alteration, and during the course of
performance of such alteration Tenant shall, upon Landlord's request, furnish
Landlord with sworn contractor's statements and lien waivers covering all work
previously performed. Tenant shall not permit any lien or claim for lien of any
mechanic, laborer or supplier or any lien to be filed against the Building or
the Land, or any part thereof arising out of work performed, or alleged to have
been performed by, or at the direction of, or on behalf of Tenant. If any such
lien or claim for lien is filled, Tenant shall within ten (10) days after
written request to Tenant, either (i) have such lien or claim for lien released
of record, (ii) deliver to Landlord a bond in form, content, amount, and issued
by surety, satisfactory to Landlord indemnifying Landlord and others designated
by Landlord against all costs and liabilities resulting from such lien or claim
for lien and the foreclosure or attempted foreclosure thereof, or (iii) at
Tenant's sole expense, obtain and deliver to Landlord, a commitment from
Chicago Title Insurance Company, or other title insurance company acceptable to
Landlord, committing to insure title to the Building and the Landlord over such
lien, in favor of Landlord or any proposed purchaser or mortgagee of said Land
or the Building. If Tenant fails to have such lien, or claim for lien so
released, or to deliver such bond or title insurance commitment to Landlord;
Landlord, without investigating the validity of such lien, may pay or discharge
the same and Tenant shall reimburse Landlord upon demand for the amount so paid
by Landlord, including Landlord's expenses and attorney's fees. Tenant agrees
to indemnify, hold harmless and defend Landlord, the Beneficiary, the Manager
and their respective officers, partners and employees from any liability, loss,
cost, damage or expense (including attorneys' fees), arising out of any such
lien claim or out of any other claim relating to work done or materials
supplied to the Premises at Tenant's request or on Tenant's behalf, except if
work is furnished and installed by Landlord.
10. ASSIGNMENT AND SUBLETTING.
A. Consent. Tenant shall not without the prior written consent of Landlord
which consent shall not be unreasonably withheld in each instance.
(1) assign, mortgage, pledge, hypothecate or otherwise transfer or permit the
transfer of this Lease or the interest of Tenant in this Lease, in whole or in
part, by operation of law or otherwise:
4
6
(2) sublet all or any part of the Premises; or
(3) permit the use or occupancy of all or any part of the Premises for any
purpose not permitted under Paragraph 4, or by anyone other than Tenant
and Tenant's employees.
For purposes of this Paragraph 10A an "assignment" shall be considered to
include a change in the majority ownership or control of Tenant if Tenant is a
corporation whose stock is not traded publicly.
B. Recapture of Space. If Tenant desires to assign this Lease or sublet all
or any part of the Premises, Tenant shall give Landlord written notice
("Tenant's Notice") of such desire prior to entering into such assignment or
sublease, which Tenant's Notice shall be signed by an officer or partner of
Tenant. If Tenant's Notice is for a proposed assignment, it shall state the
name, address and business of the assignee (and include current credit
information and reports on such assignee); the effective date of assignment; and
the amount of all sums and other consideration to be paid or transferred to
Tenant for such assignment. If Tenant's Notice is for a proposed sublease, it
shall state the name, address and business of the subtenant (and include current
credit information and reports on such subtenant); the commencement date of the
term of the sublease; the length of the term of the sublease (including any
renewal options); the rent to be payable under the sublease; and shall include a
floor plan showing the part of the Premises to be sublet (including separate
identification of any part of the Premises for which the subtenant will be
granted expansion options or rights). Landlord shall then have the right (the
"recapture right") to (i) terminate this Lease in its entirety effective as of
the proposed effective date of assignment or the proposed commencement date of
the term of the sublease (as specified in Tenant's Notice), if Tenant's Notice
is for a proposed assignment or for a proposed sublease of all of the Premises;
or (ii) partially terminate this Lease effective as of the proposed commencement
date of the term of the sublease (as specified in Tenant's Notice); with respect
to that part of the Premises to be sublet, if Tenant's Notice is for a proposed
sublease of less than all of the Premises. Landlord may exercise the recapture
right by giving Tenant written notice ("Landlord's Notice") of such exercise
within fifteen (15) business days after receipt by Landlord of Tenant's Notice.
If Landlord exercises the recapture right and this Lease is terminated in its
entirety, then neither Landlord nor Tenant shall have any further rights,
estates or liabilities under this Lease accruing after the effective date of
termination, except for such obligations which expressly survive the termination
of this Lease. If Landlord exercises the recapture right and this Lease is
partially terminated with respect to a part of the Premises (the "excluded
space"), then, effective as of the date this Lease is so partially terminated
(i) the Net Base Rent stated in Paragraph 1H shall be decreased to the product
obtained by multiplying such amount by a fraction, the numerator of which is the
rentable area of the Premises immediately after such partial termination of this
Lease (as determined by Landlord) and the denominator of which is the rentable
area of the Premises immediately prior to such partial termination of this
Lease, (ii) the rentable area of the Premises stated in Paragraph 1L shall be
reduced by the rentable area of the excluded space, (iii) Tenant's Proportionate
Share stated in Paragraph 1L shall be reduced to the percentage obtained by
dividing the new rentable area of the Premises by the rentable area of the
Building, (iv) Tenant shall pay the reasonable costs-incurred in physically
separating the excluded space from the balance of the Premises and shall
surrender the excluded space to Landlord on or before the effective date of
partial termination in a good, clean and tenantable condition, ordinary wear
excepted; and (v) neither Landlord nor Tenant shall have any further rights,
estates or liabilities under this Lease with respect to the excluded space
accruing after the effective date of partial termination of this Lease, except
for such obligations which expressly survive the termination of this Lease.
C. Conditions for Consent. If Landlord does not exercise any recapture right
arising in favor of Landlord under Paragraph 10B. Tenant may then enter into the
assignment or sublease, as the case may be, specified in the Tenant's Notice
giving rise to such recapture right, in accordance, and only in accordance, with
the following provisions. If Tenant enters into such assignment or sublease it
shall submit an executed copy of the sublease or assignment to Landlord for
consent not less than thirty (30) days prior to the proposed effective date of
assignment or the proposed commencement date of the term of the sublease, as the
case may be. In the case of a sublease, the instrument shall expressly state
that it is and shall remain at all times subject and subordinate to this Lease
and all of the terms, covenants and agreements contained in this Lease. No such
assignment or sublease instrument shall expressly or by implication impose upon
Landlord any duties or obligations or alter the provisions of this Lease.
Landlord agrees to give Tenant written notice within fifteen (15) days after
receipt by Landlord of Tenant's proposed assignment or proposed sublease of
Landlord's consent to or rejection of same. Landlord agrees that its consent to
any such proposed assignment or proposed sublease shall not be unreasonably
withheld; provided, however, that in addition to other circumstances under which
Landlord's consent may be withheld, Tenant agrees that the withholding by
Landlord of its consent to such proposed assignment or proposed sublease will
not be deemed "unreasonable" if;
(1) the assignee or subtenant is non-creditworthy or disreputable, or is
not of a character, or otherwise is not in keeping with, the nature or class of
tenants in the Building,
(2) the assignee or subtenant is a government (or subdivision or agency
thereof) or is then a tenant in the Building,
(3) the use of the Premises by the assignee or subtenant would, in
Landlord's reasonable judgment, significantly increase the pedestrian traffic
in and out of the Building or the vehicular traffic in and about, or the use
of, the exterior paved parking area, or would require Landlord to perform any
alterations to the Building to comply with applicable building code
requirements,
(4) there is then in existence any sublease of all or any part of the
Premises, or
(5) Tenant is then in breach or default under this Lease.
Tenant may not submit to Landlord for consent any assignment or sublease on
terms or conditions or with parties different from those stated in the Tenant's
Notice for such assignment or sublease, nor may Tenant submit to Landlord for
consent any assignment or sublease later than the date which is sixty (60)
days after the expiration of
5
7
the period for exercise by Landlord of the recapture right arising by reason of
such assignment or sublease, without the right to exercise its recapture right.
Notwithstanding anything to and contrary contained in this Lease, Tenant's sole
right and remedy in any dispute as to whether Landlord's consent to a proposed
sublease or proposed assignment has been unreasonably withheld shall be action
for declaratory judgment or specific performance and Tenant shall not be
entitled to any damages if Landlord is adjudged to have unreasonably withheld
such consent.
D. Profit. If Tenant, having first obtained Landlord's consent in accordance
with Paragraph 10C, shall assign this Lease for money or other property, or
sublet all or any part of the Premises at a rental or for other consideration in
excess of the Net Base Rent plus Rent Adjustment (or prorate portion thereof)
due and payable by Tenant under this Lease, then Tenant shall pay to Landlord,
as additional rent (i) on the first day of each month during the term of any
such sublease, the excess of all rent and other considerations due from the
subtenant for such month over the sum of (ii) the Net Base Rent plus Rent
Adjustment then payable to Landlord under this Lease for said month (or if only
a portion of the Premises is being sublet, the portion of the Net Base plus Rent
Adjustment then payable to Landlord under this Lease for said month which is
allocable on a square footage basis to the space sublet), plus (iii) an amount
equal to the quotient of the reasonable leasehold improvement costs and
customary real estate brokerage commissions to licensed Illinois real estate
brokers (other than to Tenant or any affiliate of Tenant) incurred by Tenant in
connection with such sublease (as shall be supported by appropriate written
documentation submitted by Tenant to Landlord), divided by the number of months
in the term of such sublease, and (iv) immediately upon receipt, all sums or
other consideration received by Tenant from any such assignment; it being
agreed, however, that Tenant shall be responsible to Landlord for any deficiency
if Tenant shall assign this Lease or sublet all or any part of the Premises at a
rental or for consideration which is less than that required under this Lease.
E. No Waiver. Consent by Landlord to any subletting, transfer, lien, charge,
use or occupancy, shall not operate as a waiver by Landlord of, or to release or
discharge Tenant from, any liability under this Lease, whether past, present or
future (including liability arising during any renewal term of this Lease or
with respect to any expansion space included in the Premises), or be considered
to be a consent to or relieve Tenant from obtaining Landlord's consent to any
subsequent assignment, subletting, transfer, lien, charge, use or occupancy.
Tenant shall pay Landlord's reasonable costs, charges and expenses, including
attorney's fees and fees of architects, engineers and other professionals,
incurred in connection with its review of any proposed assignment or proposed
sublease, whether or not Landlord approves such transfer of interest, which in
no event shall be more than five hundred dollars ($500.00) for each proposed
sublease or assignment.
11. WAIVER AND INDEMNITY
A. Waiver. To the extent permitted by Illinois law, Tenant waives all claims
against Landlord, the Beneficiary, the property manager and their respective
officers, partners, agents and employees, for injury or damage to person or
property sustained by Tenant resulting directly or indirectly from the gross
negligence or willful misconduct of Tenant, their respective officers,
partners, agents and employees due to fire or other casualty, cause or any
existing or future condition, defect, matter or thing in or about the Premises
or the Building, or from any equipment or appurtenance in the Building, or from
any accident in or about the Building, or from any act or neglect of any tenant
or other occupant of the Building or of any other person. This Paragraph 11A
shall apply especially, but not exclusively, to damage caused by water, snow,
frost, steam, excessive heat or cold, sewerage, gas, odors or noise, or the
bursting or leaking of pipes or plumbing fixtures, broken glass, sprinkling or
air conditioning devices or equipment, or flooding, and shall apply without
distinction as to the person whose act or neglect was responsible for the
damage and whether the damage was due to any of the acts specifically
enumerated above, or from any other thing or circumstance, whether of a like
nature or of a wholly different nature.
B. Indemnity. Tenant agrees to indemnify and hold harmless Landlord, and
Beneficiary, the Manager and their respective officers, partners, agents, and
employees, from and against any and all claims, demands, actions, injuries to
all persons and damage to or theft or misappropriation or loss of property
occurring in or about the Premises and arising from Tenant's occupancy of the
Premises or the conduct of its business or from any activity, work, or thing
done, permitted or suffered by Tenant in or about the Premises or from any
breach or default on the part of Tenant in the performance of any covenant or
agreement on the part of Tenant to be performed under this Lease or due to any
other act or omission of Tenant, its agents or employees. If any such
proceeding is filed against Landlord or any such indemnified party, Tenant
agrees to defend such proceeding at its sole cost by legal counsel reasonable
satisfactory to Landlord, if requested by Landlord.
12. LANDLORD'S REMEDIES
A. Events of Default. Each of the following shall constitute an "event of
default" by Tenant under this Lease:
(1) Tenant fails to pay any installment of Rent within five (5) days after
such installment of Rent is due (which five (5) day period shall run
concurrently with and not be in addition to the statutory Landlord's five (5)
day notice required under Illinois law in dispossession proceedings); provided,
however, that if in any consecutive twelve (12) month period Tenant shall, on
three (3) separate occasions, fail to pay any installment of Rent on the date
such installment of Rent is due, then on the fourth (4th) such occasion and on
each occasion thereafter on which Tenant shall fail to pay an installment of
Rent on the date such installment of Rent is due, each such failure shall
constitute an event of default and Tenant shall then no longer have any five
(5) day period in which to cure any such failure.
(2) Tenant fails to observe or perform any of the other covenants or
provisions of this Lease to be observed or performed by Tenant and, for each
such failure which has not previously occurred within the then preceding six
(6) month period, Tenant fails to cure such failure within fifteen (15) days
after written notice to Tenant; provided, that if such failure is not
susceptible to being cured within such fifteen (15) day period but Tenant
promptly commences such cure, said fifteen (15) day period shall be extended as
long as Tenant is actively, diligently and continuously attempting to
effectuate such cure (and furnishing Landlord
6
8
with weekly written status reports on such efforts) but in no event
shall said fifteen (15) day period be extended by more than thirty (30)
days;
(3) Tenant fails to maintain a temperature in the Premises of not less
than fifty-five degrees (55 degrees) Fahrenheit as provided in
subsection (3) of Paragraph 3B Above.
(4) Tenant abandons the Premises.
B. Landlord's Remedies. Upon the occurrence of an event of default by Tenant
under this Lease, Landlord, at its option, without further notice or demand to
Tenant, may, in addition to all other rights and remedies provided in this
Lease, or available to Landlord at law or in equity:
(1) Terminate this Lease and Tenant's right to possession of the
Premises and recover all damages to which Landlord is entitled under
law, and in such event, Landlord shall, to the extent required by law,
take reasonable measures to mitigate damages recoverable against Tenant.
Landlord's damages shall specifically include, without limitation (a)
all Landlord's expenses and re-letting including repairs, alterations,
improvements, additions, legal fees and brokerage commissions), plus (b)
the amount of all Rent owing under this Lease for the balance of the
Term discounted at the rate of six percent (6%) per year, which amount
shall be automatically considered accelerated and immediately due and
payable in full by Tenant to Landlord upon Landlord's election to
terminate this Lease.
(2) Terminate Tenant's right to possession of the Premises without
terminating this Lease, in which event Landlord shall, if and to the
extent required by law, take reasonable measures to mitigate the damages
recoverable against Tenant by attempting to relet the Premises or any
part thereof for the account of Tenant, for such rent and term and upon
such terms and conditions as are acceptable to Landlord; provided,
however, that Landlord shall not be obligated to market or relet the
Premises on a priority basis over unleased or unoccupied space in the
Building or to relet the Premises to any person or entity that falls
within the categories specified in 10C (1), (2) or (3) of this Lease.
For purposes of such re-letting, Landlord is authorized to decorate,
repair, alter and improve the Premises to the extent reasonably
necessary. If Landlord does not relet the Premises, then Tenant shall
pay Landlord monthly on the first day of each month during the period
that Tenant's right of possession is terminated, a sum equal to the
amount of Rent due under this Lease for such month (less any amount
which Landlord could have realized if Landlord relet the Premises to a
reputable, credit worthy substitute tenant procured by Tenant and
presented to Landlord in writing, which substitute tenant was ready,
willing and able to lease the entire Premises from Landlord under a
lease in form identical to the form of the Lease). If the Premises are
relet and a sufficient sum is not realized from such re-letting after
payment of all Landlord's expenses of re-letting (including repairs,
alterations, improvements, additions, decorations, legal fees,
advertising and other marketing expenses and brokerage commissions) to
satisfy the payment of Rent due under this Lease for any month, Tenant
shall pay Landlord any such deficiency monthly upon demand. Tenant
agrees that Landlord may file suit to recover any sums due to Landlord
under this section from time to time and that such suit or recovery of
any amount due Landlord shall not be any defense to any subsequent
action brought for any amount not previously reduced to judgement in
favor of Landlord. If Landlord elects to terminate Tenant's right to
possession only without terminating this Lease, Landlord may, at its
option, enter into the Premises, remove Tenant's signs and other
evidences of tenancy, and take and hold possession thereof; provided,
however, that such entry and possession shall not terminate this Lease
or release Tenant, in whole or in part, from Tenant's obligation to pay
the Rent reserved hereunder for the full Term or from any or other
obligation of Tenant under this Lease.
C. Bankruptcy. In the event a petition is filed by or against Tenant seeking
a plan of reorganization or arrangement under the Federal Bankruptcy Code,
Landlord and Tenant agree, to the extent permitted by law, that the trustee in
bankruptcy shall determine within sixty (60) days after commencement of the
case, whether to assume or reject this Lease.
D. Attorney's Fees. Tenant shall pay upon issuance of a final unappealable
judgment against Tenant all costs and expenses, including attorneys' fees paid
or incurred by Landlord in connection with any action or proceeding by Landlord
to terminate this Lease or to terminate Tenant's right to possession of the
Premises.
13. SURRENDER OF PREMISES. Upon the expiration or termination of this Lease or
termination of Tenant's right to possession of the Premises, Tenant shall
surrender and vacate the Premises immediately and deliver possession of the
Premises to Landlord in a clean, good and tenantable condition, ordinary wear
excepted; provided, however, that all alterations and improvements installed in
the Premises shall be promptly removed by Tenant (at Tenant's cost and expense)
at the termination or expiration of the Term if so requested by Landlord. Upon
any termination which occurs other than by reason of Tenant's default, Tenant
shall be entitled to remove from the Premises all moveable trade fixtures and
personal property of Tenant without credit or compensation from Landlord,
provided, Tenant shall immediately repair all damage to the Premises or the
Building resulting from such removal and shall restore the Premises to a
tenantable condition. In the event possession of the Premises is not
immediately delivered to Landlord or if Tenant shall fail to remove any
moveable trade fixtures or personal property which Tenant is entitled to
remove, Landlord may remove same without any liability to Tenant. Any moveable
trade fixtures and personal property which may be removed from the Premises by
Tenant but which are not so removed shall be conclusively presumed to have been
abandoned by Tenant and title to such property shall pass to Landlord without
any payment or credit, and Landlord may, at its option and at Tenant's expense,
store and/or dispose of such property.
14. HOLDING OVER.
A. Tenant shall pay Landlord double the Net Base Rent plus double the Rent
Adjustment then applicable for each month (or any part of a month) if Tenant
obtains Landlord's written permission to retain possession month to
7
9
month of all or any part of the Premises after the expiration or termination of
the Term of this Lease. The provisions of this Paragraph 14 shall not
constitute a waiver by Landlord of any re-entry or eviction rights of Landlord
available under this Lease or by law.
B. Without limiting anything set forth in Paragraph 14A above, Tenant shall
indemnify, defend and forever hold harmless Landlord, the Beneficiary, the
Manager and their respective officers, partners and employees from and against
any and all claims, liabilities, actions, losses, damages and expenses
(including court costs and attorneys' fees) asserted against or sustained by
any such party and arising from or by reason of such retention of possession.
C. Reserved Parking. Notwithstanding the provision of section 3A(9) of this
Lease, the Landlord shall make available during the term of this lease a
total of ten (10) reserved parking spaces for the exclusive use of Security
Associates International, Inc.
15. OPTION TO RENEW.
A. So long as an event of default is not then existing the term of this
Lease may be extended, at the option of Tenant, for one additional period of
five (5) years with six (6) months or more prior written notice to Landlord
with such period being herein sometimes referred to as the Extended Term as
follows:
B. The Extended Term shall be on the same terms, covenants and
conditions of this Lease and any reference herein to the "Terms" shall be
deemed to include any Extended Term applied hereto, except for the amount of
Net Base Rent during the Extended Term. The Net Base Rent during the first year
of the Extended Term shall be the same as the fifth year of the initial Lease
term. The Net Base Rent for each succeeding year of the Extended Term shall be
equal to one hundred five percent (105%) of the annual Net Base Rent for the
immediately preceding year. Any termination of this Lease during the Initial
Term of this Lease or an Extended Term shall terminate all rights hereunder.
16. RULES AND REGULATIONS. Tenant shall abide by all reasonable rules and
regulations adopted by Landlord from time to time for the operation and
management of the Building. If any rules and regulations are contrary to the
provisions of this Lease, the provisions of this Lease shall govern. Attached
to this Lease as Exhibit "C" are the current rules and regulations for the
Building, all of which Tenant hereby agrees shall be deemed to be reasonable.
Landlord shall not be responsible for the violation of any rules or regulations
of the Building by other tenants of the Building.
17. FIRE AND OTHER CASUALTY. If all or a substantial part of the Premises are
rendered untenantable by reason of fire or other casualty, or if the Building
is damaged by fire or other casualty in such a manner as materially adversely
affects access to or use of the Premises, Landlord shall with reasonable
diligence take such action as is necessary to repair and restore the Premises
and the Building. In the event Landlord fails for any reason to complete said
restoration within ninety (90) days then either party shall have the right to
terminate this Lease by giving to the other party written notice of such
election within ten (10) days after receipt of the architect's certificate. If
said fire or other casualty results in the total destruction of the Building,
this Lease shall automatically terminate as of the date of said fire or other
casualty. Net Base Rent and Rent Adjustment shall xxxxx for that part of the
Premises which are untenantable on a per diem and proportionate area basis from
the date of the fire or other casualty until Landlord has substantially
completed the repair and restoration work; provided, that Tenant does not
occupy or use such part of the Premises which are untenantable during such
period.
18. TENANT'S INSURANCE. Tenant, at its expense, shall maintain in force at all
times during the Term and comprehensive general public liability insurance,
which shall include coverage for personal liability, contractual liability,
tenant's legal liability, bodily injury, death and property damage, all on an
occurrence basis with respect to the business carried on in or from the
Premises and Tenant's use and occupancy of the Premises, with coverage for any
one occurrence or claim of not less than two million dollars ($2,000,000),
which insurance shall include Landlord and Beneficiary as named insured and
shall protect Landlord and Beneficiary in respect of claims by Tenant as if
Landlord and Beneficiary were separately insured. Such insurance shall be on
terms and with insurers reasonably acceptable to Landlord. Any casualty
insurance carried by Tenant and covering the Premises or Tenant's fixtures,
property or equipment located in the Premises shall contain a waiver by the
insurer of any rights of subrogation or indemnity or any other claim to which
the insurer might otherwise be entitled against Landlord, the Beneficiary, the
Manager and their respective partners, agents or employees. Tenant shall
furnish to Landlord prior to the Commencement Date, certificates or other
evidences acceptable to Landlord as to the insurance from time to time
maintained by Tenant and, no later than thirty (30) days prior to the date such
insurance otherwise would expire, Tenant shall furnish Landlord with
certificates confirming the renewal or continuation of such insurance for
themselves and all others claiming under them, including the insurer, waive all
rights including rights of subrogation against the other for loss, damage or
liability resulting from a risk which is insured against by either party, to
the extent of any recovery collectible under such insurance; provided, however,
that this waiver shall apply only when permitted by the applicable policy of
insurance.
19. Waiver of Recovers and Subrogation. Notwithstanding any other provision of
this Lease to the contrary, Lessor and Lessee agree that in the event that the
building of which the Premises are a part or any part or parts thereof or the
fixtures, merchandise, and content therein are damaged or destroyed by fire or
other casualty, each of the parties hereto, for itself and any person or entity
claiming through or under such party by way of subrogation or otherwise, hereby
waives all rights of recovery from the other party hereto for any loss or
damage whether caused by such other parties negligence or otherwise. Lessor
shall cause each insurance policy carried by lessor insuring the building of
which the Premises are a part or any part or parts thereof against loss by fire
or any other casualties covered or embraced by all risk or special form
property casualty insurance to be written in such a manner so as to provide
that the insurer waives all right of recovery by way of subrogation against
Lessee in connection with any loss or damage covered by the policy or policies
and that such waiver shall not invalidate such insurance policy or policies.
Lessee will cause each Insurance policy carried by Lessee insuring Lessee's
property in the Premises to be
8
10
written in such a manner so as to provide that the insurer waives all right of
recovery by way of subrogation against Lessor in connection with any loss or
damage covered by the policy and that such waiver shall not invalidate such
insurance policy or policies.
20. LANDLORD'S RIGHTS. Landlord shall have the following rights exercisable
without notice (except as expressly provided to the contrary) and without being
deemed an eviction or disturbance of Tenant's use or possession of the Premises
or giving rise to any claim for set-off or abatement of Rent (1) To change the
name or street address of the Building upon prior written notice to Tenant; (2)
To install, affix and maintain all signs on the exterior and/or interior of the
Building; (3) To designate and/or approve prior to installation, all types of
signs, window shades, blinds, drapes, awnings or other similar items, and all
internal lighting that may be visible from the exterior of the Premises; (4) To
display the Premises to holders of mortgages or trust deeds encumbering the
Building or potential purchasers of the Building at any reasonable hour, and to
prospective tenants at reasonable hours during the last twelve (12) months of
the Term; (5) a notice of not less than forty eight (48) hours shall be provided
prior to changing the arrangement of entrances, doors, corridors, and stairs in
or outside of the Building; (6) To grant to any party the exclusive right to
conduct any business or render any service in or to the Building, provided such
exclusive right shall not operate to prohibit Tenant from using the Premises for
the purposes permitted under this Lease; (7) To prohibit the placing of vending
or dispensing machines of any kind in or about the Premises other than for use
by Tenant's employees; (8) To have access for Landlord and other tenants of the
Building to any mail chutes and boxes located in or on the Premises according to
the rules of the United States Post Office and to discontinue any mail chute
service in the Building; (9) To close the Building after normal business hours,
except that Tenant and its employees and invitees shall be entitled to admission
at all times under such regulations as Landlord prescribes for security
purposes; (10) To take any and all reasonable measure, including inspections and
repairs to the Premises or to the Building, as may be necessary or desirable in
the operation or protection of the Building; (11) To retain at all times master
keys or pass keys to the Premises; (12) To install, operate and maintain
security systems which monitor, by closed circuit television or otherwise, all
persons entering and leaving the Building; (13) To install and maintain pipes,
ducts, conduits, wires and structural elements located in the Premises which
serve other parts or other tenants of the Building; (14) To make alterations,
improvements, repairs and replacements to the Building or any systems,
equipment, machinery or common areas located in, on, under or outside of the
Building; and (15) To install blinds and/or window treatments in the Premises in
order to maintain conformance with the standards or aesthetics of the Building.
21. ESTOPPEL CERTIFICATE. Tenant shall within five (10) business days after
each prior written request from Landlord, execute and deliver in form and
substance satisfactory to Landlord, an estoppel letter signed by an officer or
partner of Tenant and certifying; the Commencement Date and the Expiration Date;
the date to which Net Base Rent and Rent Adjustment has been paid; the amount of
Net Base Rent and Rent Adjustment then being paid the amount of any security
deposit; that Tenant has accepted the Premises; that this Lease is in full force
and effect and has not been modified, amended or assigned (or, if modified,
stating the nature of such modification and certifying that this Lease, as so
modified, is in full force and effect); that all improvements have been fully
completed; that there are no defaults of Landlord under this Lease nor any
existing condition upon which the giving of notice or lapse of time would
constitute a default; that Tenant has not received any concession; that there
are no offsets to the payment of Rent; that Tenant has received no notice from
any insurance company of any defects or inadequacies of the Premises; Tenant has
no options or rights other than as set forth in this Lease; or by operation of
law and such other matters which Landlord may reasonably request. If the letter
is to be delivered to a purchaser or other subsequent owner of the Building, it
shall further include the agreement of Tenant to recognize such purchaser or
other subsequent owner as Landlord under this Lease and to pay Rent to the
purchaser or other subsequent owner or its designee in accordance with the terms
of this lease. It is expressly understood and agreed that any such statement may
be relied upon by any prospective purchaser, mortgagee or ground lessor of all
or any portion of the Real Estate. Tenant's failure to deliver such statement
within said five (5) day period shall be conclusive upon Tenant that this Lease
is in full force and effect, without modification except as may be represented
by Landlord , that there are no uncured defaults in Landlord's performance, that
not more than two (2) months rental has been paid in advance and that all other
statements required to be made in the estoppel letter are conclusively made.
22. MORTGAGE BY LANDLORD. This Lease is expressly subject and subordinate at
all times to (1) any ground, underlying or operating lease of the Building or
the Land now or hereafter existing and all amendments, renewals and
modifications to such lease, and (2) the lien of any now existing or hereafter
created mortgage or trust deed encumbering fee title to the Building, the Land
and/or the leasehold estate under any such ground, underlying or operating
lease, and to all advances made or to be made upon the security of such lien.
Tenant agrees:
(a) if requested by any mortgagee, trustee or lessor, Tenant shall
subordinate its interest in this Lease to any such mortgage, trust deed or lease
and will execute such subordination agreement or agreements as may be reasonably
required by and said mortgagee, trustee or lessor, and
(b) in the event of any default by Landlord under this Lease which would give
Tenant the right to terminate this Lease or to claim a partial or total
eviction, Tenant will not exercise any such right until (i) it has notified in
writing the mortgagee, holder of such trust deed or lessor, as the case may be
(if the name and address of such mortgagee, holder or lessor shall have
previously been furnished by written notice to Tenant) of such default, and (ii)
such mortgagee, holder or lessor, as the case may be, fails within a reasonable
time (not to exceed thirty (30) days) after receipt of such notice to cause such
default to be cured, and
(c) if any such mortgage or trust deed be foreclosed (or a deed given in lieu
of foreclosure), or if any such lease be terminated, upon request of the
mortgagee, holder or lessor, as the case may be, Tenant will attorn to the
purchaser at foreclosure sale (or grantee of deed in lieu of foreclosure) or the
lessor under the lease, as the case may be, and will execute such instruments as
may be necessary or appropriate to evidence such attornment.
9
11
23. NOTICES. All notices and approvals to be given by one party to the other
party under this Lease shall be given in writing, mailed or delivered as
follows:
(a) To Landlord, LaSalle Bank National Association, Successor Trustee
to American National Bank and Trust Company of Chicago, As Trustee
Under Trust No. 59948, 000 Xx. XxXxxxx Xxxxxx, Xxxxx 0000, Xxxxxxx XX
00000.
(b) Washington Square Capital, 000 Xxxxxxxxxx Xxxxxx, Xxxxx 000,
Xxxxxxxxxxx, XX 00000-0000, Attn: Xx. Xxxxxx Xxxxxxxxxx.
(c) Liz-Green, Inc., 2101 So. Xxxxxxxxx Xxxxxxx Xxxx, Xxxxxxxxx
Xxxxxxx, Xxxxxxxx 00000. Attention: Property Manager or to such other
person or persons or at such other address of addresses designated by
notice to Tenant.
(d) To Tenant at the location stated in Paragraph 1C until Tenant takes
possession of the Premises and then at the Premises.
Notices shall be delivered by hand or by United States certified or registered
mail, postage prepaid, return receipt requested. Notices shall be considered to
have been given upon personal delivery or upon posting in the United States
Mails.
24. MISCELLANEOUS.
A. Binding Effect. This Lease shall be binding upon and inure to the benefit
of Landlord and Tenant and their respective heirs, legal representatives,
successors and permitted assigns.
B. Default Interest. All amounts owing to Landlord under this Lease for which
the date of payment is not expressly fixed, shall be paid within thirty (30)
days after the date Landlord renders statements of account. Tenant shall pay
Landlord interest from the date payment is due until it is made on any Rent
owing under this Lease, which is not paid with in ten (thirty (30) of the date
it first becomes due and on all other amounts not paid Landlord within thirty
(30) days after they become due, at a rate equal to the sum of three percent
(3%), plus the prime rate of interest from time to time announced by LaSalle
Bank National Association.
C. Eminent Domain. In the event that all or a substantial part of the
Premises or the Building are taken by eminent domain (or by a deed given in
lieu of condemnation) so that the Premises cannot be reasonably used by Tenant
for the purposes for which they are leased, then either party may terminate
this Lease by giving written notice of termination to the other party within
thirty (30) days after such taking. In the event of any taking by eminent
domain (or deed given in lieu of condemnation) the entire award shall be paid
to and retained by Landlord. Subject to the foregoing, Tenant may pursue a
separate award against the condemning authority in a separate proceeding for
Tenant's loss, if any, to leasehold improvements paid for by Tenant without any
credit or allowance from Landlord and for Tenant's moving and relocation
expenses.
D. Exhibits. All Exhibits attached to this Lease are made a part of this
Lease and incorporated by this reference into this Lease.
E. Entire Agreement. This Lease and the Exhibits and Rider (if any) attached
to this Lease set forth all the covenants, promises, assurances, agreements,
representations, conditions, warranties, statements and understandings (the
"Representations" collectively) between Landlord and Tenant concerning the
Premises and the Building, and there are no Representations, either oral or
written, between them other than those in this Lease. This Lease supersedes and
revokes all previous negotiations, estimates of the initial and/or future
amounts of Expenses, Taxes and/or Rent, arrangements, letters of intent, offers
to lease, reservations of space, lease proposals, brochures, Representations
and information conveyed, whether oral or in writing, between the parties or
their respective representatives, agents, brokers, salespersons or any other
person purporting to represent Landlord or Tenant. Tenant acknowledges hat it
has not been induced to enter into this Lease by any Representations not set
forth in this Lease, it has not relied on any such Representations, no such
Representation shall be used in the interpretation or construction of this
Lease and Landlord shall have no liability for any consequences arising as a
result of any such Representations. No subsequent alteration, amendment, change
or addition to this Lease shall be binding upon Landlord or Tenant unless in
writing signed by both parties.
F. Signing. The signing of this Lease by tenant and delivery of this Lease to
Landlord or its agent does not constitute a reservation of or option for the
Premises or an agreement to enter into a Lease and this Lease shall become
effective only if and when Landlord signs and delivers same to Tenant;
provided, however, the signing and delivery by Tenant of this Lease to Landlord
or its agent shall constitute an irrevocable offer by Tenant to lease the
Premises on the terms and conditions contained in this Lease, which offer may
not be withdrawn or revoked for thirty (30) days after such signing and
delivery. If Tenant is a corporation, it shall deliver to Land-lord
concurrently with the delivery to Landlord of a signed Lease, certified
resolutions of Tenant's directors authorizing the signing and deliver of this
Lease and the performance by Tenant of its obligations under this Lease.
G. No accord. No payment by Tenant or receipt by Landlord of a lesser amount
than any installment or payment of Rent due shall be deemed to be other than on
account of the amount due, and no endorsement or statement on any check or any
letter accompanying any check or payment of Rent shall be considered an accord
and satisfaction, and Landlord may accept such check or payment without
prejudice to Landlord's right to recover the balance of such installment or
payment of Rent or pursue any other remedies available to Landlord. No receipt
of money by Landlord from Tenant after the termination of this Lease or
Tenant's right to possession of the Premises shall reinstate, continue or
extend the Term.
10
12
H. Broker. Tenant represents to Landlord and the Beneficiary that except for
the broker stated in Paragraph 1(0), Tenant has not dealt with any real estate
broker, sales person, or finder in connection with this Lease, and no such
person initiated or participated in the negotiation of this Lease, or showed
the Premises to Tenant. Tenant agrees to indemnify, defend and hold harmless
Landlord, the Beneficiary, the Manager and their respective officers, partners
and employees, from and against any and all claims, demands, for brokerage
commissions or fees arising out of a breach of such representation. Unless
otherwise agreed by the parties, Landlord shall be responsible for the payment
of all commissions to the broker stated in Paragraph 1(0), based upon the
leasing commission policy of Landlord applicable to the Building and in effect
as of the date of this Lease.
I. Force Majeure. Landlord shall not be considered in default of any of the
terms, covenants and conditions of this Lease on Landlord's part to be
performed, if Landlord fails to timely perform same and such failure is due to
in whole or in part to any strike, lockout, labor trouble (whether legal or
illegal), civil disorder, inability to procure materials, failure of power or
reduction or interruption in the furnishing or level of power, water, sewer,
gas or any other service or utility to be furnished or provided under this
Lease, restrictive governmental laws and regulations, riots, insurrections,
war, fuel shortages, accidents, casualties, Acts of God, acts caused directly
or indirectly by Tenant (or Tenant's agents, employees or invitees) or any
other cause beyond the reasonable control of Landlord.
J. Paragraphs. Paragraph captions in this Lease are inserted only as a matter
of convenience and in no way define, limit, construe or describe the scope or
intent of such Paragraphs.
K. Applicable Law. This Lease shall be construed in accordance with the laws
of the State of Illinois.
L. Time. Time is of the essence of this Lease and the performance of all
obligations under this Lease.
M. Landlord's Performance. If Tenant fails timely to perform any of its
duties under this Lease, Landlord shall have the right (but not the obligation)
after the expiration of any applicable notice and cure period, to itself
perform such duty on behalf and at the expense of Tenant, without further
notice to Tenant, and all sums incurred by Landlord in performing such duty
shall be considered additional rent under this Lease and shall be due and
payable upon demand by Landlord.
N. Recording. Tenant shall not record this Lease or a memorandum of this
Lease in the Office of the Recorder of Deeds of Xxxx County, Illinois.
O. Severability. If any clause, phrase, provision or portion of this Lease or
the application of same to any person or circumstance shall be invalid or
unenforceable under applicable law, such event shall not affect, impair or
render invalid or unenforceable the remainder of this Lease, nor any other
clause, phrase, provision or portion of this Lease, nor shall it affect the
application of any clause, phrase, provision or portion of this Lease to other
persons or circumstances.
P. Litigation Costs. In the event any litigation is instituted by any party
to this Agreement against the other party regarding the construction of any
term or to recover any damages resulting from a breach of any term of this
Agreement, the prevailing party in any such action shall be entitled to recover
from the losing party all of such prevailing party's attorneys' fees and costs
associated with such action.
25. EXCULPATION. This Lease is executed by LaSalle Bank National Association,
Successor Trustee to American National Bank and Trust Company of Chicago. As
Trustee Under Trust No. 59948, not personally but as Trustee as aforesaid, in
the exercise of the power and authority conferred upon and vested in it as such
Trustee, and under the express direction of the beneficiaries of a certain
Trust Agreement dated December 15, 1983, and known as Trust Number 59948 at
LaSalle Bank National Association, to all provisions of which Trust Agreement
this lease is expressly made subject. It is expressly understood and agreed
that nothing contained in this Lease shall be construed as creating any
liability whatsoever against said Trustee personally, and in particular without
limiting the generality of the foregoing, there shall be no personal liability
to pay any indebtedness accruing under this Lease or to perform any covenant,
either express or implied, contained in this Lease, or to keep, preserve or
sequester any property of said Trust, and that all personal liability of said
Trustee of every sort, if any, is hereby expressly waived by Tenant, and by
every person now or hereafter claiming any right or security under this Lease;
and that so far as the said Trustee is concerned the owner of any indebtedness
or liability accruing under this Lease shall look solely to the Premises for
the payment of same. It is further understood and agreed that the said Trustee
has no agents or employees and merely holds naked legal title to the Real
Estate; that said Trustee has no control over and under this Lease, assumes no
responsibility for, (1) the management or control of the Real Estate, (2) the
upkeep, inspection, maintenance or repair of the Real Estate, (3) the
collection of rents, or the rental of the Real Estate, or (4) the conduct of
any business which is carried on upon the Real Estate.
IN WITNESS WHEREOF, this Lease is executed as of the day and year aforesaid.
Xxxxx X. Xxxxxxx, President 8/30/00
TENANT: By:--------------------------------------- Date:------------------
Xxxxx X. Xxxxxxx, President
Security Associates International, Inc.
LANDLORD: LASALLE BANK NATIONAL ASSOCIATION, SUCCESSOR TRUSTEE TO AMERICAN
NATIONAL BANK AND TRUST COMPANY OF CHICAGO, NOT PERSONALLY BUT SOLELY
AS TRUSTEE UNDER ITS TRUST XX. 00000
Xxxxxxx X. Xxxxxx,X.X. 9/14/00
By:--------------------------------------- Date:------------------
Xxxxxxx X. Bruscs,V.P.
11
13
EXHIBIT "A", TO LEASE DATED AUGUST 12, 2000, BY AND BETWEEN LASALLE NATIONAL
ASSOCIATION SUCCESSOR TRUSTEE TO AMERICAN NATIONAL BANK AND TRUST COMPANY UNDER
TRUST AGREEMENT KNOWN AS TRUST NO. 59948 AS LANDLORD AND SECURITY ASSOCIATES
INTERNATIONAL, INC., AS TENANAT.
Total
Net Base Rent Tax And Operating Estimated
Actual Expenses Estimated Payments
------------- ------------------ ---------
1/1/2001 18,460.00 14,191.35 32,651.35
2/1/2001 18,460.00 14,191.35 32,651.35
3/1/2001 18,460.00 14,191.35 32,651.35
4/1/2001 18,460.00 14,191.35 32,651.35
5/1/2001 18,460.00 14,191.35 32,651.35
6/1/2001 18,460.00 14,191.35 32,651.35
7/1/2001 18,460.00 14,191.35 32,651.35
8/1/2001 18,460.00 14,191.35 32,651.35
9/1/2001 18,460.00 14,191.35 32,651.35
10/1/2001 18,460.00 14,191.35 32,651.35
11/1/2001 18,460.00 14,191.35 32,651.35
12/1/2001 18,460.00 14,191.35 32,651.35
1/1/2002 19,106.10 14,759.00 33,865.10
2/1/2002 19,106.10 14,759.00 33,865.10
3/1/2002 19,106.10 14,759.00 33,865.10
4/1/2002 19,106.10 14,759.00 33,865.10
5/1/2002 19,106.10 14,759.00 33,865.10
6/1/2002 19,106.10 14,759.00 33,865.10
7/1/2002 19,106.10 14,759.00 33,865.10
8/1/2002 19,106.10 14,759.00 33,865.10
9/1/2002 19,106.10 14,759.00 33,865.10
10/1/2002 19,106.10 14,759.00 33,865.10
11/1/2002 19,106.10 14,759.00 33,865.10
12/1/2002 19,106.10 14,759.00 33,865.10
1/1/2003 19,774.81 15,201.77 34,976.59
2/1/2003 19,774.81 15,201.77 34,976.59
3/1/2003 19,774.81 15,201.77 34,976.59
4/1/2003 19,774.81 15,201.77 34,976.59
5/1/2003 19,774.81 15,201.77 34,976.59
6/1/2003 19,774.81 15,201.77 34,976.59
7/1/2003 19,774.81 15,201.77 34,976.59
8/1/2003 19,774.81 15,201.77 34,976.59
9/1/2003 19,774.81 15,201.77 34,976.59
10/1/2003 19,774.81 15,201.77 34,976.59
11/1/2003 19,774.81 15,201.77 34,976.59
12/1/2003 19,774.81 15,201.77 34,976.59
1/1/2004 20,466.93 15,657.83 36.124.76
2/1/2004 20,466.93 15,657.83 36.124.76
3/1/2004 20,466.93 15,657.83 36.124.76
4/1/2004 20,466.93 15,657.83 36.124.76
5/1/2004 20,466.93 15,657.83 36.124.76
6/1/2004 20,466.93 15,657.83 36.124.76
7/1/2004 20,466.93 15,657.83 36.124.76
8/1/2004 20,466.93 15,657.83 36.124.76
9/1/2004 20,466.93 15,657.83 36.124.76
10/1/2004 20,466.93 15,657.83 36.124.76
11/1/2004 20,466.93 15,657.83 36.124.76
12/1/2004 20,466.93 15,657.83 36.124.76
1/1/2005 21,183.27 16,127.56 37,310.84
2/1/2005 21,183.27 16,127.56 37,310.84
3/1/2005 21,183.27 16,127.56 37,310.84
4/1/2005 21,183.27 16,127.56 37,310.84
5/1/2005 21,183.27 16,127.56 37,310.84
6/1/2005 21,183.27 16,127.56 37,310.84
7/1/2005 21,183.27 16,127.56 37,310.84
8/1/2005 21,183.27 16,127.56 37,310.84
9/1/2005 21,183.27 16,127.56 37,310.84
10/1/2005 21,183.27 16,127.56 37,310.84
11/1/2005 21,183.27 16,127.56 37,310.84
12/1/2005 21,183.27 16,127.56 37,310.84
14
PAGE 2
EXHIBIT "A", TO LEASE DATED AUGUST 12, 2000, BY AND BETWEEN LASALLE NATIONAL
ASSOCIATION SUCCESSOR TRUSTEE TO AMERICAN NATIONAL BANK AND TRUST COMPANY UNDER
TRUST AGREEMENT KNOWN AS TRUST NO. 59948 AS LANDLORD AND SECURITY ASSOCIATES
INTERNATIONAL, INC., AS TENANT.
1/1/2006 21,924.69 16,611.39 38,536.08
2/1/2006 21,924.69 16,611.39 38,536.08
3/1/2006 21,924.69 16,611.39 38,536.08
4/1/2006 21,924.69 16,611.39 38,536.08
5/1/2006 21,924.69 16,611.39 38,536.08
6/1/2006 21,924.69 16,611.39 38,536.08
7/1/2006 21,924.69 16,611.39 38,536.08
8/1/2006 21,924.69 16,611.39 38,536.08
9/1/2006 21,924.69 16,611.39 38,536.08
10/1/2006 21,924.69 16,611.39 38,536.08
11/1/2006 21,924.69 16,611.39 38,536.08
12/1/2006 21,924.69 16,611.39 38,536.08
1/1/2007 22,692.05 17,275.84 39,967.90
2/1/2007 22,692.05 17,275.84 39,967.90
3/1/2007 22,692.05 17,275.84 39,967.90
4/1/2007 22,692.05 17,275.84 39,967.90
5/1/2007 22,692.05 17,275.84 39,967.90
6/1/2007 22,692.05 17,275.84 39,967.90
7/1/2007 22,692.05 17,275.84 39,967.90
8/1/2007 22,692.05 17,275.84 39,967.90
9/1/2007 22,692.05 17,275.84 39,967.90
10/1/2007 22,692.05 17,275.84 39,967.90
11/1/2007 22,692.05 17,275.84 39,967.90
12/1/2007 22,692.05 17,275.84 39,967.90
1/1/2008 23,486.28 17,794.12 41,280.40
2/1/2008 23,486.28 17,794.12 41,280.40
3/1/2008 23,486.28 17,794.12 41,280.40
4/1/2008 23,486.28 17,794.12 41,280.40
5/1/2008 23,486.28 17,794.12 41,280.40
6/1/2008 23,486.28 17,794.12 41,280.40
7/1/2008 23,486.28 17,794.12 41,280.40
8/1/2008 23,486.28 17,794.12 41,280.40
9/1/2008 23,486.28 17,794.12 41,280.40
10/1/2008 23,486.28 17,794.12 41,280.40
11/1/2008 23,486.28 17,794.12 41,280.40
12/1/2008 23,486.28 17,794.12 41,280.40
1/1/2009 24,308.29 18,327.94 42,636.24
2/1/2009 24,308.29 18,327.94 42,636.24
3/1/2009 24,308.29 18,327.94 42,636.24
4/1/2009 24,308.29 18,327.94 42,636.24
5/1/2009 24,308.29 18,327.94 42,636.24
6/1/2009 24,308.29 18,327.94 42,636.24
7/1/2009 24,308.29 18,327.94 42,636.24
8/1/2009 24,308.29 18,327.94 42,636.24
9/1/2009 24,308.29 18,327.94 42,636.24
10/1/2009 24,308.29 18,327.94 42,636.24
11/1/2009 24,308.29 18,327.94 42,636.24
12/1/2009 24,308.29 18,327.94 42,636.24
1/1/2010 25,159.09 18,877.78 44,036.87
2/1/2010 25,159.09 18,877.78 44,036.87
3/1/2010 25,159.09 18,877.78 44,036.87
4/1/2010 25,159.09 18,877.78 44,036.87
5/1/2010 25,159.09 18,877.78 44,036.87
6/1/2010 25,159.09 18,877.78 44,036.87
7/1/2010 25,159.09 18,877.78 44,036.87
8/1/2010 25,159.09 18,877.78 44,036.87
9/1/2010 25,159.09 18,877.78 44,036.87
10/1/2010 25,159.09 18,877.78 44,036.87
11/1/2010 25,159.09 18,877.78 44,036.87
12/1/2010 25,159.09 18,877.78 44,036.87
15
EXHIBIT "B" TO LEASE DATED AUGUST 12, 2000 BY AND BETWEEN LASALLE BANK NATIONAL
ASSOCIATION, SUCCESSOR TRUSTEE TO AMERICAN NATIONAL BANK AND TRUST COMPANY
UNDER TRUST NO. 59948 AS LANDLORD AND SECURITY ASSOCIATES INTERNATIONAL INC.,
AS TENANT.
ARLINGTON GREEN EXECUTIVE CENTRE
CLEANING SPECIFICATION
The items of work listed will provided as listed with
Saturday, Sunday and holidays excluded.
TENANT AREAS
Dust sweep hard surfaced flooring with specially treated cloths
to insure dust-free floors. Nightly
Spot damp mop hard surfaced flooring to remove spills, stains
heel marks, etc. Nightly
Vacuum carpeted areas and rugs, moving light furniture other than
desks, credenzas, file cabinets, etc. Nightly
Spot clean carpeting to remove soluble spills, spot, stains, etc.:
which safely respond to standard spotting procedures, as needed Nightly
Empty and clean wastepaper baskets and waste receptacles, etc.,
damp wipe as necessary. Separate the recycled trash from the
non recycle trash, making sure the recyclable trash has not
been contaminated. Replace plastic liners in the nonrecyclable
trash containers. Nightly
Remove waste paper and waste materials to designated area
to outside rubbish dumpster. Nightly
Dust and wipe clean desk equipment, window xxxxx, desk tops,
chairs, filing cabinets, tables, bookcases, shelves, ledges,
and any other furniture or fixtures. Nightly
Clean and sanitize drinking fountains and water coolers. Nightly
Clean glass doors and entryway sidelights in entrances
to tenant suites. Nightly
Spot clean interior partition glass to remove finger
marks, smudges, etc. Once per Week
Dust baseboards, chair rails, trim, louvers, moldings
and other "low dust" areas. Once per Week
Wipe clean and sanitize all telephones with germicidal detergent Once per Week
Wash vinyl tile floors. Once per Week
Dust Venetian blinds and window frames. Once per Month
Wash all windows inside and out. 2 Times per Year
TENANTS LUNCHROOMS/BUILDING VENDING AREA
Render all services as detailed under Tenant Areas with the following additions or modifications:
Wipe clean tops of tables and seats of chairs. Nightly
Wash tile flooring. Nightly
LOBBIES AND PUBLIC CORRIDORS
Dust sweep hard surfaced flooring with specially treated
cloths to insure dust-free floors. Nightly
Wash tile/terrazzo flooring. Nightly
Vacuum and spot clean carpeting. Nightly
Empty and clean waste receptacles, ash trays, etc.: empty and
clean cigarette urns. Nightly
1
16
PAGE 2
CLEANING SPECIFICATION
EXHIBIT "B" TO LEASE DATED AUGUST 12, 2000 BY AND BETWEEN LASALLE BANK NATIONAL
ASSOCIATION, SUCCESSOR TRUSTEE TO AMERICAN NATIONAL BANK AND TRUST COMPANY
UNDER TRUST NO. 59948 AS LANDLORD AND SECURITY ASSOCIATES INTERNATIONAL INC.,
AS TENANT.
Dust baseboards, trim, louvers, pictures, charts,
graphs, doors, etc. Nightly
Remove dirt, finger marks, smudges, etc. from doors,
door frames, walls, switch, plates, glass, push plates,
handles, railings, moldings, trim, etc. Nightly
Spray-buff tile/terrazzo flooring Nightly
Machine strip and refinish resilient tile/terrazzo
flooring Every 3 Months
Steam clean and deodorize carpeting 2 Times per Year
Wash all windows inside and out. 2 Times per Year
PUBLIC WASHROOMS
Sweep and wash flooring with a disinfectant solution. Nightly
Wash and polish mirrors. Nightly
Dust and wipe clean partitions, tile walls, dispensers,
and doors Nightly
Fill toilet tissue, soap, towel and sanitary napkin
dispensers to full capacity with supplies as furnished. Nightly
Empty and clean towel and sanitary disposal receptacles
and remove waste material and refuse to outside rubbish
dumpster. Nightly
BUILDING SERVICE AREAS
Sweep dumpster area and remove all trash and debris. Nightly
MISCELLANEOUS
Report to building management any observed building deficiencies, e.g., leaking
or inoperable faucets, plugged sinks or toilets, broken fixtures, inoperable
lights or switches, loose baseboards, faulty locks, etc.
At the conclusion of all work assignments, lights are to be turned off, doors
and windows closed and all locks to receive final check prior to departure, and
premises left in near and orderly condition.
SPECIAL REQUEST ITEMS
Shampoo Suite carpeting as requested by Tenant to be invoiced on a per/s.f.
rate to Tenant.
Strip, wax, and polish floor tiles as requested by Tenant to be invoiced on a
per/s.f. rate to Tenant.
2
17
EXHIBIT "C" TO LEASE DATED AUGUST 12, 2000 BY AND BETWEEN LASALLE BANK NATIONAL
ASSOCIATION, SUCCESSOR TRUSTEE TO AMERICAN NATIONAL BANK AND TRUST COMPANY UNDER
TRUST NO.59948 AS LANDLORD AND SECURITY ASSOCIATES INTERNATIONAL INC, AS TENANT.
ARLINGTON GREEN EXECUTIVE CENTRE
RULES, REGULATIONS & POLICIES
01/01/2000
GENERAL
No sign, lettering, picture, notice or advertisement shall be placed on any
outside or public corridor window or door or in a position to be visible from
the public corridor or outside the Building. Tenant shall not in any manner
deface or damage any portion of the Building.
Sidewalks, entrances, passages, courts, corridors, halls, and stairways in and
about the Building shall not be obstructed nor shall objects be placed against
glass partitions, doors or windows which would be unsightly from the Building's
corridors or from the exterior of the Building.
No animals, pets, bicycles or other vehicles shall be brought or permitted to be
in the Building or the Premises.
Tenant shall not utilize the Premises in any manner, which would overload the
standard heating, ventilating or air conditioning systems of the Building or
those exclusively servicing the Premises.
Tenant shall keep all electrical and mechanical apparatus free of vibration,
noise and airwaves, which may be transmitted, beyond the Premises.
Only machinery or mechanical devices of a nature directly related to Tenant's
ordinary use of the Premises shall be installed, placed or used in the Premises
and the installation and use of all such machinery and mechanical devices is
subject to the other rules contained in the Lease.
Safes, furniture, equipment, machines and other large or bulky articles shall be
brought to the Building and into and out of the Premises at such times and in
such manner as Landlord shall direct and at Tenant's sole risk and cost, Prior
to Tenant's removal of such articles from the Building, Tenant shall obtain
written authorization from the Landlord or his representative and shall present
such authorization to a designated employee of Landlord.
Except with the prior approval of Landlord, all cleaning, maintenance,
repairing, janitorial, decorating, painting or other services and work in and
about the Premises shall be done only by authorized Building personnel.
Inflammables such as gasoline, kerosene, naphtha and benzene, or explosives or
any other articles of an intrinsically dangerous nature are not permitted in the
Building or the Premises.
No locks or similar devices shall be attached to any door except by Landlord and
Landlord shall have the right to retain a key to all such locks.
Tenant shall not xxxx, otherwise prepare or sell any food or beverages in or
from the Premises, other than necessary to accommodate Tenant's employees. In no
event shall Tenant use, sell or serve, or permit the use, same or service of,
any alcoholic beverages in or about the Premises or elsewhere in the Building or
on the Land.
Tenant shall not permit objectionable odors or vapors to emanate from the
Premises.
To the extent permitted by law, Tenant shall not permit picketing or other union
activity involving its employees in the Building, except in those locations and
subject to time and other limitations as to which Landlord may give prior
written consent.
BUILDING HOURS
The building is open from 6:00 a.m. until 6:00 p.m., Monday - Friday. On
Saturday, the West entrance to the building is open from 8:00 a.m. until 2:00
p.m., the Center and East entrances remain locked. Sundays and Holidays all
entrance doors remain locked. If you require additional entry times, please
check with the management office.
Lighting for the public corridors and common areas is turned on at 6:00 a.m. and
shuts down at 11:00 p.m.
BUILDING SECURITY
Building Security depends on you and your employees. Leaving doorstops down,
propping doors open, holding a door open for others after hours is an invitation
to trouble and is also a security breach.
Entry doors to tenant suites must remain closed at all times.
Lock your suite doors when leaving at night. If a key person in your office is
terminated or leaves the company's employment it is a good practice to have the
locks changed.
1
18
THE MANAGEMENT OFFICE MUST DO ALL LOCK CHANGES.
Those individuals who work after hours should lock the suite doors when they
are alone. Any suspicious persons should be reported to the police immediately
by phoning 911.
Solicitors are not welcome in our building. If an individual solicits in your
office, please contact a member of the management staff promptly.
Room to room canvasses to solicit business from other tenants of the Building
is not permitted.
The distribution of literature, flyers, handouts or pamphlets of any type in
any of the common areas or to any other part of the Building or in any parking
or other common area serving the Building is not allowed.
All washroom doors are locked for the added security of our tenants. Do not
open washrooms for others. Guest keys are distributed to each tenant. All suite
keys will open the washrooms. Extra washroom keys may be obtained for $25.00
each.
PARKING LOT
The parking lot has two entrances. The main entrance is located off Arlington
Heights Road. The secondary entrance is located to the far East end of the
building at Tonne Road. The East entrance is closed and chained at 7:00 p.m.,
Monday - Friday and is reopened at 7:00 a.m. the next morning. This entrance
remains closed Saturday, Sunday and holidays.
- Parking in the Building's lot over night is not permitted. If you have
a problem and must leave your vehicle in the lot, you must notify the
property manager as follows: an ID tag obtained from the Building
Manager must be filled out with all required information including
license plate number, vehicle color and make. The ID tag shall hang
from the vehicles rear mirror and an extra key to the vehicle must be
left with the office manager.
- One parking space per vehicle. Taking more than one space is
prohibited. Park in designated areas only. Note the unloading zones,
walkways and handicap parking areas.
- Reserved parking is designated with signs. Refrain from parking in
these areas, unless it has been assigned to you.
- There is no parking in front of the Dumpster area at any time.
Vehicles improperly parked or abandoned will be towed without notice
at the owner's expense. $100.00 in cash is required to release a
vehicle from the pound.
- Management and Building Ownership shall be held harmless, relative to
any parking violations involving the offender, payment of fines and
the towing company.
- Parking lot lights go on at dusk and shut off at approximately
2:00 a.m.
Snow Removal begins after 1.5 inches of snow have fallen. Complete snow removal
is impossible until the lot has totally been emptied, usually at the end of the
workday. On snow days we ask that vehicles not park along the curb parallel to
the Dumpster area, as this is where the snow is piled. In extreme cases a
parking ban may be imposed to facilitate snow removal. Extra caution should be
used when walking through in the parking lot and sidewalks as it can be slippery
and wet. From time to time at management's discretion, certain walks or parking
areas may be closed if hazardous.
BUILDING CAMPUS
The building campus was designed for the enjoyment of the tenants. The patio
area is located off the main foyer to the South of the building. Outdoor
benches are provided.
For the consideration of everyone, placing garbage and smoking materials in the
proper containers after use is greatly appreciated.
The pond located at the East end of the campus is for viewing only. Swimming,
fishing, ice-skating and sitting along the shoreline is strictly prohibited.
BUILDING CORRIDORS
The building corridors with the geometric skylights, lush greenery an full
height glass are very appealing to the eye. The natural setting makes for a
very appealing work environment. Plants are cared for twice weekly by a
professional service.
At each end of the East and West wings you will find the washrooms, drinking
fountains and maintenance sinks. Located on the West End are soda, candy and
snack vending machines for your convenience. If money is lost in the machines,
refunds may be obtained in the management office.
US MAIL/UPS/EXPRESS MAIL SERVICE
Each tenant receives a designated mailbox and key. Management does not keep
duplicates of mailbox keys. US Postal Service delivers mail before noon Monday
- Saturday. A letter drop is located in the box area. Letters may be placed in
this box for pick-up by the mail carrier. Immediately outside the buildings
center entrance there are also three US Post Office mailboxes. Pick up times
are 9:40 a.m., 3:30 p.m., and 5:00 p.m. Monday - Friday. The management will
not be responsible for bulk mail left outside by the drop boxes. We suggest
large volumes be taken directly to the post office. United Parcel Service
delivers packages to the building twice a day. Morning and afternoon. A wide
variety of Express mail vendors have their boxes represented outside the main
entrance.
2
19
SUITE DOORS
Suite doors are numbered and registered with the Arlington Heights Fire
Department. Do not remove the plaque from the door. In accordance with local
fire ordinances at NO time shall suite doors remain open. We ask your
cooperation in this matter. Door and directory signs are provided to each
tenant upon move in. If your company changes their name, the tenant is
responsible for the cost associated with replacing the signs.
SIGNS/DECORATIONS/STICKERS
Signs decorations or stickers of any type are not to be placed on the windows
surrounding the suite. This includes all windows facing outside the perimeter
of the building and particularly the suite door and interior glass looking out
into the public corridors. Live holiday decorations are prohibited by state and
local fire codes.
UTILITY CLOSETS
For those suites without a kitchen, utility closets are located on each end of
the building. Hot and cold running water is available. Please limit the use of
dish washing and coffee making to this area only. Using the washrooms for
kitchen facilities is not allowed and violates Board of Health regulations.
BUILDING EVACUATION
Arlington Green offer full fire protection via a hydraulically calculated
sprinkler system throughout the building. This system is wired directly to the
Arlington Heights Fire Department, in case of emergency. Extensive interior and
exterior lighting is provided. Evacuation is accomplished by exiting the
nearest door marked over head by an exit sign. All exits will be made from the
buildings public corridors and out one of the buildings four exits.
TORNADO EVACUATION
If a tornado watch or warning has been issued your office will be notified. A
weather warning systems is located directly across Arlington Heights Road along
side the Fire Station. A loud warning signal and/siren will be sounded. As this
is an atrium building, interior offices without glass will be the safest
location. Washrooms may also be considered a safe location.
CLEANING
Cleaning is provided each evening (M-F) to all suites. If you need boxes
removed please use the Bi-Lingual stickers stating "throw away" to xxxx those
boxes. If you have a concern or question about the cleaning in your office,
please contact the management. We strongly recommend that eating be limited to
a designated area of the office. Please do not let employees eat at their desk
area. Each office is required to maintain a high level of cleanliness. Kitchens
and break areas should be cleaned prior to departure. The cleaning service does
not do dishes or put away food. To avoid insects and the like, we ask that this
practice be followed each and every day. For an additional charge,
refrigerators may be cleaned on a monthly basis by the cleaning crew. Please
contact the building manager to make arrangements for refrigerator cleaning.
MAINTENANCE SERVICE
Our building engineer is here to service your needs Mon.-Fri. from 7:00 a.m.
until 12:30 p.m. Light bulb changes, odd jobs, etc. can be completed during
those hours. By paging 847/479-1060 and inserting your suite number, the
engineer will respond as soon as possible. Work orders will be issued on a time
and material basis. All permanent fixtures and fire safety lighting belong to
the building. The building engineer will perform maintenance of those items.
Tenants are prohibited to change bulbs or maintain emergency lighting. Proper
maintenance of the building fixtures is required. Management will order bulbs
changed, if it appears that the tenant is neglecting the ownership's property.
The building contracts an exterminator to spray the property once a month. If
your office needs spraying please advise the engineer.
RECYCLING AND GARBAGE REMOVAL
Arlington Green has in place a recycling program. 90% of the waste from this
building is office paper. Please sort your refuse in two separate containers.
Blue containers provided by the building are for ALL types of paper. Including
newspaper, magazines, phone books, card board. Each office must have a second
container for wet or "kitchen garbage". Cans and bottles maybe recycled in each
office if office manager so desires, but is not a part of our program, and must
be disposed of by that office. Failure to comply with the efforts to recycle
may cause the cleaning crew to leave garbage uncollected.
This building is not equipped to throw away old furniture, large boxes,
discarded office equipment and the like. Due to landfill regulations these
types of odd discards must be taken to the designated land fill area. There
will be a charge for the removal of these items. Please do not take these items
out to the Dumpster.
REPAIRS AND REDECORATING OF OFFICES
The building or the building engineer and or their sub contractors shall make
all office repairs. If for any reason your office must use an outside
contractor to work within your suite, prior notice must be given to the
property manager. The vendor must have in place with the management office a
current certificate of insurance 48 hours before work begins. Redecorating of
offices shall be permitted only with written approval of the building
management. All work shall be performed in a professional manner. Office
employees shall not be deemed professional and will be excluded from performing
repairs or redecorating. Submittal of samples of any and all wall coverings,
paint and carpet will be given to management for approval. Management will be
given (10) ten working days to approve or disapprove and will then issue tenant
its position in writing. Those contractors hired to perform work shall abide by
the guidelines above as it relates to Certificates of Insurance, (NO
EXCEPTIONS).
TELEPHONE SERVICE AND REPAIR
A 24-hour notice of scheduled work by Ameritech, private phone vendors or
computer installers must be given to the management office. As the telephone
room is secured, entry must be obtained via a member of management. All
3
20
vendors must comply with the Insurance requirements above. Vendors are required
to submit to the Village of Arlington Heights for any and all necessary permits
required to perform the scope of work. A copy of said permit shall be given to
the management office and posted in the window of the suite.
HEATING/AIR CONDITIONING
Each office has the ability to set their own thermostat for heating/cooling.
Placing any heat generating object or equipment directly under or near a
thermostat will cause the instrument to give a false reading. Furnaces and air
conditioners are serviced twice yearly for regular maintenance. If you have a
problem with your unit, please contact the building engineer. Supplemental heat
may be obtained by turning on the heat under the windows. Switches are located
along the walls. When using the heat under the windows, the area must be
completely clear of furniture, paper or any other objects that may cause a
fire. Make it a practice to clear away those areas in the fall before the
supplemental heating season begins. Management recommends lock boxes for all
offices to insure that the thermostats are kept at the office manager's
specifications. The rooftop air conditioning compressors are not designed to
operate when the outside temperature falls below (40) forty degrees. Tenants
who operate their cooling equipment when this outside temperature exists shall
bear the total cost of repairing any damaged mechanical equipment.
REMINDER: Heat loads must always be considered when an office is laid out.
Computers, copiers, fax machines, and people give off heat. In as much as each
tenant wants to maximize their square footage, over loading a space, will
directly impact the efficiency in which a unit can effectively cool an office.
SMOKING
Village code requires this to be a non-smoking building. Smoking is permitted
outside the building only. Smoke detectors and sprinklers are placed in the
building to detect any smoke and will activate accordingly. Fines may be
imposed for any violators. Ashtrays are provided at the East and West entries.
Please use them. Smoking is prohibited at the Main (North) entry and the South
patio area. Refrain from throwing butts on the ground. Please do not block
other tenants entry into the building.
MOVING IN AND OUT OF THE BUILDING
Scheduled moving dates must be prearranged with the building manager.
Certificates of Insurance are mandatory. If certificates are not in place and
or properly executed, moves will not take place. Insurance must be in place 72
hours prior to the move date and all moving companies contracted must contact
the building manager for requirements for set up. Hours for moving are
Monday-Friday after 5:00 PM. Additional garbage and boxes are the
responsibility of the tenant. A service charge is applicable for any debris
left by tenants. Tenants may for a fee, request a Dumpster to be brought on
site to dispose of all unwanted debris. Contact building manager for details.
The cost of removing debris, which has been left by tenants moving out, will be
deducted from the tenant's security deposit. Over flow debris for new tenants
causing an extra pickup by the building's garbage vendor will be charged to
tenant via work order.
The tenant shall return to ownership the leased premises in a manner in which
it was received when tenant took occupancy. Tenant shall clean the premises
prior to vacating. Ownership reserves the right to have their employees clean
the suite and charge the vacating tenant when tenants fails to comply with
cleaning the leased premises.
New tenants will receive suite keys, recycle bins, various stickers and a mail
box assignment.
Departing tenants will meet with management to return various keys, bins and
mail box assignments. Items not returned will be deducted from security
deposits.
BUILDING MANAGEMENT
On site building management is located in the building. A member of the
management staff is available in person or via pager. For emergency after hour
service page 847/237-0846 or 847/237-0843. Tenants who page a member of
management for emergency response (after business hours) will be charged a
minimum $75.00 plus travel time. Each additional hour will be billed at time
and a half. Members of management should be paged only after an employee has
exhausted all other avenues. Each office manager shall have in place a
procedure for his or her employees as it relates to being locked out of the
office or building. Every employee should be able to call his or her superior
for emergency access to the office. Building management does not have the
authority to open offices for employees who have been locked out. Please do not
attempt to contact us for this purpose.
4
21
EXHIBIT "D", TO LEASE DATED AUGUST 12, 2000, BY AND BETWEEN LASALLE NATIONAL
ASSOCIATION SUCCESSOR TRUSTEE TO AMERICAN NATIONAL BANK AND TRUST COMPANY UNDER
TRUST AGREEMENT KNOWN AS TRUST NO. 59948 AS LANDLORD AND SECURITY ASSOCIATES
INTERNATIONAL, INC., AS TENANT.
[Map]
22
EXHIBIT "E", TO LEASE DATED AUGUST 12, 2000, BY AND BETWEEN LASALLE NATIONAL
ASSOCIATION SUCCESSOR TRUSTEE TO AMERICAN NATIONAL BANK AND TRUST COMPANY UNDER
TRUST AGREEMENT KNOWN AS TRUST NO. 59948 AS LANDLORD AND SECURITY ASSOCIATES
INTERNATIONAL, INC., AS TENANT.
SCOPE OF WORK FOR SUITE 145.
A. Suite 145 is to be taken as is.
SCOPE OF WORK FOR SUITE 150.
A. Suite 150 is to be taken as is.