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EXHIBIT 10.24
SOUTHROADS
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SMALL STORE LEASE
(7,500 SQ FT)
SOUTHROADS MALL
BELLEVUE, NEBRASKA
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LEASE AGREEMENT
SOUTHROADS MALL ("LANDLORD") Hereby leases to AMERITRADE ("Tenant"), Space
117/118/122, lower level, attached hereto within the area of the Southroads Mall
("The Shopping Center") designated on Exhibit A attached hereto ("The Premises")
for the period ("Term") commencing on February 15, 1998 and ending on August 15,
1998.
TERM
This lease shall be on a month-to-month basis beginning on the 15th day of
February, 1998, and ending on the 15(th) day of August, 1998. Ameritrade can
Terminate this lease prior to August 15, 1998 with a 10-day notice to Landlord.
USE OF PREMISES
The premises are leased to Tenant as is, and are to be used by Tenant, for the
purpose Office Space and for no other purpose. Tenant agrees to use the
premises in such a manner as to not interfere with the rights of other Tenants
in the real estate, to comply with all applicable Government Laws, ordinances
and regulations in connection with its use of the premises, to keep the premises
in a clean and sanitary condition, to keep the premises and all sidewalks and
approaches thereto in a safe condition free and clear of ice and snow and all
other matter which may be dangerous to the public and free of all obstruction,
and to use all reasonable precaution to prevent water damage or injury to the
premises.
RENT
Tenant agrees to pay rent to the Landlord, in lawful money of the United States
in monthly installments in advance, on the fifteenth day of each month, as
follows:
Monthly Rent
$3,000 - Space 117/118
$1,000 - Space 122
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$4,000 - payable 15(th) of each month
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BUILD-OUT COSTS
Tenant excepts space "as is". All renovations are at tenant's expense.
ELECTRICAL COSTS
Ameritrade agrees to reimburse mall for all electrical costs for demised
premises.
Payment of rent, percentage rent and any other sums due hereunder shall be
made payable to: SOUTHROADS MALL. All remittances are to be either sent or
delivered to the Southroads Mall Management Office - 0000 Xxxx Xxxxx Xxxx
Xxxxx Xxxxxxxx, Xxxxxxxx 00000 when so due.
Tenant agrees to comply with all applicable laws, ordinances regulations and
the like of the city and state in which the Shopping Center is located and/or
other public and/or quasipublic authorities having jurisdiction; to secure any
necessary permits and licenses; to comply with those rules and regulations
enumerated by Southroads Mall, as maybe modified by the Landlord; to indemnify
and hold the Landlord harmless from and against any and all injuries, losses,
claims, actions, damages, liabilities and expenses (including Attorneys' Fee
and expenses) to persons or property arising out of any activities of Tenant,
its agents or employees, or from its failure in any respect to comply with the
requirements of this Lease, or for its violation of all laws, ordinances,
regulations or the like, whether or not any such injuries, losses, claims,
actions, damages, liabilities, expenses, failure or violation is attributable
to Tenant's negligence or that of any other person, company or corporation; to
vacate the premises at that expiration of sooner termination of the term in the
same conditions was delivered to Tenant; to pay Landlord upon demand for any
trash removal costs; and to provide and keep in force during the term with a
company acceptable to landlord, a comprehensive general liability insurance
policy covering the Landlord and Tenant with a combined single limit of no less
than $500,000 and $50,000 for property damage (and policy shall be delivered to
the Landlord herewith and not be cancelled or modified without the Landlord's
consent).
It is understood and agreed that Tenant shall not assign its interest in the
Lease; that Tenant shall have no rights hereunder unless Landlord shall have
executed and delivered to the Tenant an original of this Lease agreement.
If Tenant shall default in any of its obligations under this Lease agreement,
Landlord shall have the right to terminate this Lease agreement upon written
notice to the Tenant plus such other rights of collection or enforcement as
may be afforded the Landlord under law.
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ASSIGNMENT
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Tenant shall not assign or mortgage or transfer this Lease without the prior
written consent of Landlord.
In witness whereof, the parties intending to be legally bound hereby executed
this Lease agreement, as of the 2nd day of February, 1998.
SOUTHROADS MALL
BY: /s/ Xxxxx Xxxxxx
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Xxxxx Xxxxxx - General Manager
WITNESS: /s/ Cherry X. Xxxxxx
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DATE: February 3, 1998
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BY: /s/ Xxxxx X. Xxxxxx
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V.P. Human Resources / Facilities
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Tenant
WITNESS: /s/ Xxxxxx X. Xxxxx
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Address: 00000 X. 000xx Xx. Telephone: (000) 000-0000
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Xxxxxxxxx, XX 00000
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