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HomeMy Public PortalAbout07) 7D Approval of the First Amendment to Building and Land Lease Agreement with CCATT LLC for Cellular Tower FacilityDATE: TO: FROM: ADMINISTRATIVE SERVICES DEPARTMENT MEMORANDUM October 20 , 2015 The Honorable City Council Bryan Cook , City Manager By: Tracey Hause , Administrative Services Director AGENDA ITEM 7.0. SUBJECT: APPROVAL OF THE FIRST AMENDMENT TO BUILDING AND LAND LEASE AGREEMENT WITH CCATT LLC, FOR A CELLULAR TOWER FACILITY RECOMMENDATION: It is recommended that the City Council : a) Approve the First Amendment to Building and Land Lease Agreement (First Amendment) (Attachment "A ") with CCATT LLC , for a cellular tower facility ; b) Approve the Memorandum of First Amendment to Building and Land Lease (Attachment "B"); and c) Authorize the City Manager to sign the First Amendment. BACKGROUND: 1. On October 1, 1996, the City entered into a Bui lding and Land Lease Agreement with the predecessor (Los Angeles Cellular Telephone Company) of CCATT LLC ., for a cellular tower facility on the City's property located at 5938 Kauffman Avenue (Attachment "C"). The lease term initially expired in 2001 , however the lease provided for three extensions of five years each , with the final extension expiring on September 30 , 2016 . 2 . In September 2014 , Crown Castle , a subs id iary of CCATT LLC , approached the City offering an amendment and extension to the original lease agreement. ----------·------------------- City Council October 20 , 2015 Page 2 of 3 ANALYSIS: Over the last year, staff has been working closely with a representative from Crown Castle and the City Attorney's office in drafting the First Amendment for the cellular tower facility currently located on the parce l of the Civic Center building . One of the considerations during this process was the use of the Civic Center parcel and if there would be a needed use in the future that could not accommodate the current cellular tower facil ity. Since there are no immediate plans for an alternative use for this parcel , a First Amendment is appropriate at this time . Further, we have stipulated in the First Amendment that the City has the right to exercise a relocation process of the cellular tower facility with no less than twelve months written notice to CCATT, LLC . However, if relocation does occur, the City will be responsible for 50 % of the costs , not to exceed $100 ,000 .00 . The remaining terms of the lease remain un changed with the exception of the escalator of the annual increase of the renta l rate . The monthly rent is increased annually based on the Consumer Price Index (CPI ). In the current agreement, in no event would the increase in the rent calculated for any one year period be less than three percent and more than five percent. This amendment stipulates in no event would the increase in the rent calculated for any one year period be less than three percent and more than four percent. As inflation rates were higher in the 1990 's , th is capped th reshold of four percent is reasonable for the current economic environment. The annual i ncreases during the term of the current agreement have general ly been between three and four percent. CONCLUSION: In order to continue current arrangements with the land and build ing lease for the cellular tower facility on the City's property located at 5938 Kauffman Avenue , a First Amendment as proposed must be executed prior to September 30, 2016 . FISCAL IMPACT: The City currently receives approximately $28 ,270 .04 annually in rents related to this land and building lease based on a monthly rent of $2 ,439 .17 . As per the terms of the lease , the City can expect an estimated additional $800 to $1 ,000 ann ually as a result of the CPI escalator and the terms discussed above . Further, in consideration for full execution of the First Amendment , CCA TT, LLC , will remit $10 ,000 .00 to the City , considered a signing bonus. City Council October 20 , 2015 Page 3 of 3 ATTACHMENTS: A Proposed Fi rst Amendment to the Building and Land Lease B . Memorandum of First Amendment to Building and Land Lease C . Building and Land Lease dated September 25, 1996 FIRST AMENDMENT TO BU ILD ING AND LAND LEASE ATTACHME T A T HI F IR T AME DME T TO BUILDING A D LA D LEASE (the .. First Amen dm e nt ") is ente re d into this __ day of ______ , 2015 (the '·Effect ive D2te '"). by and between C ITY OF TEMPL E CITY , (he re in afte r refe rred to as "Land lord") and CCA IT LLC , a De laware limited li abi lit y com pan y it s a tt orne y in fac t (hereinafte r referred to as ··Te nant "). REC ITAL WI !ER E . Landlord and Lo s Ange le s Cellu lar Teleph o ne Compan y ("·Original Te nant ") ent e re d into a Buildin g a nd Land Lease da ted September 25 , 1996 (th e ''Lease ") w here by Original Tenant leased certain real property. toget her with acces s and utility ea sement s, located in Los Ange les Co unt y. Ca li fo rnia from La ndl ord (the '"Premi ses'"), a ll loca ted withi n certa in rea l propert y owned by Landlord (the "Pr o pert y''); and WHEREA , CCATT LLC is cu rr entl y th e tena nt unde r the Lea se as ultim ate succ ess or in interest to th e Origina l Tenant ; and WHEREA , the Premi se s ma y be used fo r the purpo se of con s tructing , maintainin g and o pe ratin g a co mmuni ca ti ons f ac ility, in cl udin g tower s tructure s, equ ipm e nt she lt er s, cabi nets , meter boa rds , utilities , ant enna s, equipment , an y rela ted improvement s and str ucture s and uses in c ide nt a l thereto; and WHEREA , the Lease had an initial term th at co mm enced on Oc tobe r I, 19 96 and exp ired on eptember 30 , 2001. The Lease prov id e s for three (3) exten sion s of fi ve (5 ) ye ars each. According to th e Lease, th e final ex te ns ion exp ire s Sep tember 30, 20 16 ; and WHEREA , Landlord and Tenan t desire to am e nd the Lea se on the tem1 s and c ondit ions conta in ed herein . NOW THEREFORE, fo r good and valuabl e co ns iderati on, th e rece ipt and suffici e nc y of wh ich are acknowledged, Landlord and Tenant agree as follows: Site Name : 13uld\\ uvTcmpl c Ovl y • C 5 13 Bu;111ess Un llll 844957 ATTACHME T A I . Recitals : De fined Terms. The partie s acknowledge t he acc ur acy of th e fo rego in g recital s. Any capitalized terms not defi ned herei n s hall have th e meanings ascribed to them in the Lea se. 2. Te rm . T he fir s t sente nce of ec ti on 3 of th e Lease. and only th at sentence. is hereby deleted in it s entirety a nd th e following is in se rted in its pl ace: Th e Lease wi ll automati ca ll y be ex tended for up to nin e (9) additional te rms 0!. fi ve (5) years each (each a "Renewa l Term .. ) on th e same terms and conditi ons se t fort h in this Lease for th e Initial Lease Term. unless Tenant notifies La nd lord, in writin g, of it s inten ti on not to renew at leas t ninety (90) days pri or to the ex pirati on o f th e th en-current fi ve (5) ye ar term . Such no ti ce sha ll be deemed give n upon th e mailin g of s uch no ti ce to La ndl o rd. The Initi al Lease Term and each Renewal Term arc collective ly referred to hereinafter as the .. Tem1··. Landlord and Tenant hereby ac kn owled ge that Te nant has exerc ised thr ee (3) Re newal Term s, leaving a ba la nce of six (6) Renewa l Te rm s. with the final ex tens ion exp ir ing on eptember 30 . 2046. 3. Co nsid e rati on. Te nant w ill pay to Landlord a one-time am ount o f Ten Thousand and 00/100 Dollars ($1 0,000.00) fo r the full execution of this Fi rst Amendment (the ··conditi o nal tgnmg Bonus'} Tenant w ill pay to Landlord th e Co nditional igning Bonus w ithin s ixty (60) da ys of Landlord 's exec ution of thi s First Amendment. l n th e event ~hat this Firs t A mendmen t (and a ny app licable memorandum ) is not full y executed by both Land lord and Tenant for any reaso n, Tenant shall have no ob li gat ion to pay the Cond it iona l S ig ning f .onus to Land lord. 4. Rent. T he filth se ntence of ec ti on 5(b) of the Lease . and only th at sen tence , is hereby del eted and th e fo ll owin g is inserted in its pla ce: Commencing o n October I. 20 15. and on the an ni e rsary of that date each year th ereafte r (the .. Adj us tment Date"), the monthly Ope rati onal Pha se Rental Rat e s hall increa se based on th e Cons umer Pri ce Ind ex published by th e Bureau of Lab or and ta ti sti cs of the Unit ed States Departm ent of Labo r for a ll Urban Consumers. U Cit y Average c·C PI-U") indicat or and s hall be determined by dividing the CP I-U in dicator published three (3) mo nth s prior to the Adjustment Date , by th e C PI-U indi cator pub li shed o ne (I) year and three (3) month s prior to th e Adj ustment Dat e , and multiply in g the res ult ant num ber by th e most recent monthl y Operat ion a l Ph ase Rental Rate. In no eve nt sha ll th e in c rease in rent calculated for a ny one (I ) year period be less than three percent (3%) o r exceed four percent (4%) of th e most recent monthly Operati o nal Pha se Renta l Rate. Si te Numc · 13 aldwinffcmplc Ov ly -C5 13 13usmc ss Unu #· 84-19 57 2 ATTACH ~E T A 5 . Relocation. In the event that Landl o rd det e rmines in good fai th that the Premises are need e d for p ubl ic purposes, Landlord s hal l have the ri ght to require re locati on of Tenant·s Communicatio n s Faciliti es, or a ny part the reo f, to an altern a te gro und locati on provided th a t (i) the rel ocati o n shal l be p erfo rmed exc lu s ive ly b y Tenant or its agent s during th e R e locati on Pe ri od , a s defi ned below, (i i) the relocation s hall not result in any interruption o f the co mmunications serv ices prov ided by Tena nt to it s customers, including , but no t limite d to , Tenant 's continuous a ccess, m ai nte nance a nd operatio n of Tenant 's equipm ent, un ti l such time that a ll te nants, s ubtenants and s ublicensees th at ha ve be en p e rmitted by thi s Leas e a re s uccessfully r e l ocated , and (iii) the re locatio n s hall not impair, or in a ny m an ne r a lt e r, the quality of communi cati on s serv ices provid e d by Tenant to it s cus to m e r s o n and from the Re locati o n Si te as d e fined below. (a) Re locati o n Process. To exerctse t he re location ri ghts , Landl o ·d s hall prov id e written noti ce to Ten ant n ot less than twelve ( 12) m o nths prio r to the re location date and s hall propose a n alternate s ite to which Tenant may re locate Tenant 's e quipment ("Al ternate Si te Location"). Ten ant sh a ll have s ixty (60) day s from t he date of the not ice to evalu a te the A lte rnate Site Location , including . but n o t limited t o. co nducting test s to determine the techno logical feasib ility of the Alternate Si te Locati o n and o btai ning written approval of a ll w ireless telecommunications providers o n th e Pre mi ses that have been permitted by thi s Lease. l fTenan t fajJs to approve the Al ternate Site Location in writin g w ith in sa id six t y (60) da y peri od , Ten a nt wi ll be deemed to h ave no t a pproved s uch A lt e rna te S it e Locati on. If Tenant does n ot a pprove s uch A lte rnate S ite Locati o n , La ndl ord m ay th en propose a n o ther Alternate S ite Locati on by providing n otice t o T e nant in the m a nne r set forth above. Upo n Tenant's approva l of any proposed A lt erna te S ite Location, both pa rti es w ill ente r into a wri tt e n agreement conce rning th e re location of T e nant 's e q ui pme nt ('R e location Agreeme nt") to the Alternate Site Loca t io n ("'R e locati o n Site"). Land lord sh a ll und e rtak e re ason able efforts t o pro .r ide an A lt e rnate Site Locat io n acceptable t o Tenant. If n o A lt e rnate Site Loca ti o n i s avai lahle o r if Tenant d oes n ot approve an A lt ernate S it e Location, Landl o rd m ay , up on twe lve (12) months' w ritte n noti ce , terminate the Lease in acco rd a nce wi th the not ice req uirements s e t forth in th e Lease. ::.11e Name : Baldwm!Tcrnp le Ovl y · C5 13 Busmc ss Unit #· 844957 3 ATTACIIME T A (b) o Addition a l Terms. pon rel ocati on of Tenant 's equipment, al l refere nces to the Pr em ises in the Le ase s hal l be de emed to refer to the Re loca ti o n ite (including a ny access and utilit y easements). The Re lo cati on Site s ha ll be s urveyed by a licen se d surve yo r at th e so le cost of Te nant , in wh ich eve nt such sur vey sha ll replace and s upersede th e de scription of the Pr emises unde r the Lease. Unless o th erwise prov id ed in th e Re loca ti o n Ag reement or any oth er wr itt e n agree me nt of the Parti es, the re location of Te nant 's equipmen t shall n o~ affect , a lt e r, mod ify or oth e rwi se chan ge any of the te rm s and condit ion s of the Lea se. (c) Relo ca ti on Pe ri od. The "Re locati o n Period" sha ll mean th at p~r i o d of time commencing on the date Tenant ha s rece ive d all required permits and a ppr ovals for the Rel ocati o n it e and e nding nin ety (90) da ys th ereafter. The relocation of Te nant 's equipment to th e Re loca ti on ite sha ll be su bstantia ll y co mplet ed wi thin the Relocation Pe riod , to the extent re aso nabl e feasib le. (d ) Re locati o n Cos t. Landl ord and Tena nt shall eac h be re s po ns ib le for fifty perce nt (50%) of th e cost of re locati o n, pro vided th a t Land lord's respons ibilit y for re loca tion cos ts sha ll not excee d One Hund red Th o usa nd and 00/100 Dollars ($1 00 ,000.00 ). Landlord sha ll ha ve the o pti o n to pa y it s share o f the re loca tion co st to Tenant e ith er in the form of a cas h pay ment or in the form of rent abate ment. 6. Righ t o f First Refusa l. I f Landl o rd receives an offer from any pe rso n c'r ent it y that owns towe rs o r o ther wire less te lecommunications facilitie s (or is in th e bus :nes s of acq uirin g Landl o rd 's int eres t in th e Le ase) to purchase fee tit le, an ease ment, a lea se, a licen se, o r any oth e r inte res t in the Prem ises, or Land lo rd 's int eres t in the Lease, o r an op ti on for any of th e forego in g, Landl ord sha ll pr ov ide writt e n noti ce to Tenant of sa id offe r, and Te nan t shall have a ri g ht of first refu sa l to ac quire such int e re st on the sa me term s and cond iti o ns in th e offe r, ex cludin g an y term s or co ndi tion s whi ch are (i) not impo se d in goo d fa ith or (ii ) direc tl y o r indire ct ly des ig ned to defeat or und ermine Tenan t's poss esso ry or eco no mi c intere st in the Propert y. If Landl o rd 's noti ce covers portion s of Landl ord 's parent parce l beyond th e P remises, Te nant may e lec t to acqui re a n interes t in o nl y the Pr em ises , and th e co ns id erati on s hall be pro - ra te d o n a n acreage basis. Landlord's no ti ce s ha ll include th e pro spec t ive bu yer's name. the purchase price a nd/o r o ther conside rati o n bein g offered , the o th er terms and co nditions of the Sllc Na me : 13uldwuvrcmp lc Ovly-C5 13 Bu smcss Unn # 844 957 4 ATTACH IE T A o ffer, the du e dili ge nce peri od, th e propose d cl os in g date and , if a porti o n of La ndl ord ·> parent parce l is to be so ld , lease d or otherwise con veye d, a descrip tion o f sa id porti on. If th e Landlord 's no ti ce shall pro vid e for a due diligence period of less th an s ixty (6 0) da ys, th en the due dili gence period s ha ll be extended to be sixty (60) days fr o m exe rc ise of the ri ght of fir st refusa l and clos in g shall occur no ear li e r tha n fift een da ys thereaft er. lfTe nant doe s not exercise it s ri g ht of fir st re fusal by writte n notice to Landl o rd g ive n within thirt y (30) days , Landl o rd may co nvey th e property a s described in th e La ndl o rd 's no ti ce. lfTenant d ec lin es to exe rc ise it s rig ht of fir s t re fu sa l. th e n the Le ase sha ll con tinue in full fo rce a nd effec t an d Tenan t 's ri g ht of fi rst refu sa l sha ll s urv ive an y s uch co n veyance. Tenant sha ll have the ri g ht , at it s so le di sc re ti o n, to ass ign the righ t of fir st refusa l to a ny perso n or e ntity, e ith er separate fro m an ass ig nm en t of th e Lea se or a s part of an ass ignm e nt of th e Lea se. Su ch ass ign ment ma y occu r e ith er pri o r to o r afte r T enant's receipt of Landl o rd 's notice and th e ass ignme nt sha ll be effective up on written no tice to Landlord . 7. Governme ntal Appro vals. If requ es ted by Tenant , La nd lord will exec ut e , at Te nant's so le cost and expen se, a ll doc um e nt s required by any gove rnmental a uthority m con nec ti o n w ith a ny developm e nt of, or con s truction on, th e Premi ses, in clud in g documents nece ss ary to peti ti o n the appropriate publ ic bodi es for cert ificat es, pe rm its, li ce nses and other app rova ls de emed necessary by Tenant in Tena nt 's abso lute d iscretion to utilize the Pre mi ses for th e purpo se of constructing , mai nt ai nin g and opera tin g communica ti o ns fac ili ti es, inc ludi ng wi th o ut limit ati on, tower structures , antenn a s upp o rt structures, cab in ets , met e r boards, bui lding s, antennas, cables, equipm e nt a nd uses incid ent a l th eret o. Land lo rd agrees to be named app li ca nt if requ ested by Tenant. Land lord s ha ll be entitled to no furt her co nsid eration w ith re s pect to any of th e fo rego in g ma tt ers. 8 . Rat ifi c at ion. a) La ndl o rd and Ten ant agree th at Te nan t is the cunent te na nt under the Lease, the Lea se is in fu ll fo rce and effec t, as a mended here in, an d the Le ase conta in s the entire ag ·eement between Landl ord and Tenant w ith re spec t to the Pr emi ses. b) Landlord agree s th at a ny a nd a ll action s or in acti o ns th at have occ uned or shou ld have occurred pri o r to the date of thi s Fir st Amendment are approved and ratified a nd tha t no breaches or defa ult s exis t a s of th e da te of thi s Firs t A me ndment. S11e Na me : Ba ldwmffcmplc Ovly-C5 13 Busmess Unit #· 8-149 57 5 ATTACHME T A c) Landlord represe nt s and warrants that Landl o rd is dul y authorized and has the full power, ri g ht and authori ty to enter into thi s Firs t Amendment and to p e rform a ll of its ob li ga tions under th e Lease as amended. 9. Notices. Tenant's no ti ce address as s tated in section 39 of the Lease i s c.mended as fo llo ws: TE A T'S PRIMARY CO TACT CCATT LLC c/o C rown Castle USA Inc . E . Blake Hawk , General Counsel A ttn: Legal De pa rtme nt 2000 Corpo rate Dri ve Canon sburg , PA 153 17 I 0. IR S Form W -9. Land lord agrees to pro vi de Tenant w ith a comple ted IR S Form W-9, or it s equi vale nt, upon execution of this First Amendment and at such other times as may be reasonab ly reques te d by Tenant. In the event Landlord 's inte re st in th e Prope rt y is tran s ferr ed , the s ucceeding landlord s hall have a duty a t the time of s uch transfer to provid e Tenant with a com p leted IRS Form W-9, or it s equivalent, and other related paperwo rk to effect a transfer in th e rent to the ne w land lo rd . Landlord 's fa ilure to provid e the IRS Form W-9 w ithin thirty (30) days after Tenant's reques t shall be considered a default and T e nant m ay t :1 ke any reaso nable acti on necessary to comply w ith IR S re gul ations including, but not lirr: ited to , w ithholding app li cable tax e s from rent payments. II . R e mainder of L ease Un affecte d. The parti es h ereto acknow ledge that except as expressl y modified here by , the Lease remains unmodifi ed and in full fo rce a nd effect. In th e event of a ny conflic t o r incon s is te ncy between the te rm s of thi s First Amendment a n d th e L ease, the te rm s of thi s F ir st Amendme nt s ha ll control. Thi s First Amendm ent may be executed s imultaneous ly o r in counterparts, each of w hi ch s hall be dee med a n o rigina l , but a ll of w hich together s ha ll constitute one a nd the sam e agr eem e nt. Site Nam e: 13 aldwin/Temple Ovl y-C5 13 Bu s ine ss Uni t #· 844957 [Si gnature pages follo w ] 6 ATTACHMENT A T hi s Fi rst Ame ndment is execut ed by Landl ord as of the da te fir st written above. Si te Name · Baldwi nrremple Ov ly-C5 13 Bu s1ncss Unll # 84 -1 95 7 LANDLORD : C IT Y OF TEM PLE C ITY By: __________________________ _ Print Name: ------------------------- Ti tie: ----------------------------- [Tenant Exec uti on Pa ge Follows] 7 ATTAC HMENT A Thi s First Ame ndm ent is exec ut ed by Tena nt as of the date fir st wr itt e n a bove . Sue Name : Ba l dwm(f crnpl c Ov l y -C5 13 Bu s1ncss Uni t #· 844957 8 TENANT: CCATT LLC, a De laware limited li ab ilit y co mp a ny By: ________________________ ___ Print Na me: _________ _ T itl e: _____________ _ W H EN REC ORD ED RETURN T O : Pre pared by : hus tak & Partne rs, P .C. 40 I W est '·A·' S treet, S uit e 2330 a n D iego, CA 921 0 I ATTACHME T B Space above thi s line for Rec o rd e r 's U e A .P.N. 8587-025-902 Pri o r Re cord ed D oc um ent in L os A n geles Coun ty, Califo rni a: R ec o rd ed o n J anu ary 22 , 19 97, at #97 11 0 045 MEMORA DUM OF FIRST AMEN DMENT TO BU ILDfNG A N D LAND LEASE This Memorandum of First A m e ndme nt to Building a nd Land L ease is m ade effecti ve th is __ d ay of _____ , 20 15 , by a nd be tween C ITY OF TEMPLE C ITY, ("Landl ord ") and CCA n · LLC , a D e la ware l imited li abi l it y company, it s a ttorney in fact (''Tenant"). 1. Landlord and Los Angeles Cell ular Telephone Compa ny ("Ori g ina l Tenant") ente re d int o a Building and Land Lease da ted September 25 , 1996 (the ·'Lease'') w hereby O ri g ina l Tenant leased certain rea l property, to ge th e r with access and utilit y ease ment s, located in Lo s Ange les County , California fro m Land lo rd (th e ·'Pre mi ses"), a ll located within certa in real property owned by Landl ord (the '·Pro pe rt y"). T he Property, of w hi c h th e Pre mi ses are a part , is more partic ul a rl y described o n Ex hibit "A" attached he reto. 2. CCA TT LLC is currentl y the t e nant under th e Lease as ultimate s ucces sor in interest t o th e Orig inal Ten ant. 3. T he Premises m ay be used for the purpose of construct in g , maintaining an d o perating a co mmunicati ons facility, incl ud in g to wer s truc tures, equipm e nt s he lters, cabin e ts, m e te r boards, utilities, antennas, e quipme nt , any re lated improvements and s tructures and uses inc ide nta l thereto. 4. The Lease had an initia l term that comme nced on October 1, 1996 and expired on Sep te mbe r 30, 200 1. The Lease prov ides for three (3) extensions of fi ve (5) ye ars each. Accordi ng to the L ease, the fin a l ex tens io n exp ires September 30, 2016. 5. La ndlord an d Tenant have e ntered in to a First Amendment t o Building and Land Lease (the "First A m e ndme nt "), of w hi ch thi s is a Memorandum , pro v iding for s ix (6) add iti o nal Re newal T e rms of fi ve (5) yea rs each . Purs uant to the F irst Amendment, the final Renewal Term ex pires o n Sept e mber 30, 2046. 6. If La nd lo rd receives an offer fr om any pe rso n or e ntity th at own s towers or o ther w ire less te lecomm uni cat ions fa c ili ties (o r is in the b us in ess of acqu irin g Land lord 's interest in th e Lease) t o purchase f ee titl e , an easement, a lease, a li cen se, or an y oth er int erest in t he Premi s e s , o r Landlord 's interes t in the Lease, or an optio n for any of the foregoi n g, Landlo rd s ha l l pr ov ide w ritte n notice t o Tenant of s a id offe r , and Tenant s hall have a r ight o f fi rs t refusal to acquire s u ch inte rest on th e same terms and conditions in th e offer, excl uding any term s o r condit io ns w hi c h are (i) not im posed in good faith or (ii ) direct ly or indi rectly des igned to defeat or und e rmine Tenant 's possesso ry o r eco nom ic interest in th e Property. If Landlord's not ice cove rs port ions of La nd lord 's pare nt parcel beyon d the Pre mi ses, Tenant may elect to acquire an in ter est in o nl y th e Pre mi ses, and the con s ide ra ti o n s ha ll be p ro -rat ed on a n acreage basis. Land lo rd 's notice s ha ll inc lude th e prospecti ve buyer's na m e, t he purchase price and/or other co ns id e ra ti o n be ing offere d , th e oth e r t e rm s a nd cond iti o ns of th e offe r, the due d il igence pe ri od, the proposed closing date a nd , i f a p orti on of Landlord 's p arent parcel is t o be sold, leased or o th e rw ise conveyed, a descripti o n of said portion. If th e Landl o rd 's notice shall provide for a due dili gence perio d o f less tha n s ix ty (60) days, th e n th e due di li ge nce p e ri o d s h a ll be extended to b e s ix ty (60) d ays from exerc ise of the ri ght o f fir s t refusa l and c losing sha ll occur no earlier than fiftee n days th e re after. I f T e nant do es not exerc ise it s ri gh t of fir s t refusal by written notice to Landlord g iven w ithin thirty (30) d ays, Land lord m ay co nvey th e prop er ty as described in the Landlord's noti ce. If Ten a nt declines to exercise it s right o f fir s t refusal, the n th e Lease shall conti nue m fu ll fo rce and effec t an d Te nant's ri ght of fi rst refusa l s hall s urv tve any suc h co n vey ance . Te na nt s ha ll ha ve th e ri ght , at it s sol e disc retion , to ass ign th e ri ght of fi rst refusal to any perso n o r entity, e ithe r se parate fr om an ass ignm ent of th e Lease or as part of an ass ignm e nt of th e Lease . Su ch ass ignm ent may occ ur eith er prio r to or after Te nant's receip t of Landl o rd 's noti ce and the ass ignm ent s hall be effe cti ve up on writt e n not ice to Landl ord. 7. If requ es ted by Tena nt , Land lo rd will exec ute, at Te nant's so le cost and expe nse , a ll doc um e nt s required by a ny governm enta l autho rit y in co nn ec ti on w ith any d eve lopme nt of, o r co nstru cti on on , th e Premi ses, in c l ud ing doc um ent s necess ar y to peti t io n th e ap propria te pub lic bo di es for ce rt ifi ca tes, pe rmit s, li ce nses and oth e r ap prova ls d eeme d necessa ry by Tena nt in Te na nt 's abso lut e di sc retion to util ize th e Premi ses fo r th e purp ose of co nstruc tin g, mai ntaining a nd ope ra ting co mmuni cati ons fac iliti es, inclu din g witho ut limit ati on , tower stru ctu res, antenna s upp ort stru ctures, ca binets, meter board s, buildin gs, ante nn as, cables, eq uipm e nt and uses in c id e nt a l the reto. Land lo rd agrees to be named a ppl ica nt if reques ted by Te nant. La ndlord sha ll be e ntitl ed to no furth e r co ns id eratio n with respec t to an y of the forego in g matte rs. 8. Th e te rm s, cove nant s and pro vis ions of th e Firs t A mendmen t sha ll exte nd to and be bindin g up on th e re s pecti ve exec ut ors, admin is tr ators, he irs , successors and assigns of Landl ord and Te na nt. 9. T hi s Me morandu m does no t co nt a in the soc ia l sec ur ity num ber of any pe rson. I 0. A co py of th e First Amendm ent is on fil e with Landl ord and Te na nt. rsi gnature pages fo ll ow j IN WIT NESS WHER EOF , hereu nt o and to dupli ca te s hereof, Landlord has caused thi s Me morandum to be du ly e xecuted on the da y a nd yea r fir s t wr itten a bove. LAN DLORD : CITY OF TEMPLE C ITY By : ________________________ __ Print Na me: __________ _ Titl e :-------------- [Ackno w ledgme nt appears on fo ll owin g pa ge] A n o tary public or o ther offi cer compl eting thi s c ertificat e verifies o n ly th e id e ntity of the indi v idual w h o s ig ned the do cume nt to w hi c h thi s c e rtificate is a ttach ed, and no t the tr u thful ness accuracy, o r validity_ o f that doc ument. STAT E O F CA LI FO RN IA ) ) ss. C O UN TY OF ) O n be fo re m e , otary Publi c, pe rso nall y a ppe are d , w ho proved to m e o n the bas is of sati sfactory evid e nce to be t he perso n(s) w h ose names(s) is/are s ubsc ribed t o th e w ithin in s trume nt and acknow le d ged to m e tha t h e/s h e/t hey execut ed t he same in hi s/he r/th e ir a utho ri zed cap ac it y(ies), and th a t by hi s/her/their s ig na t ur e(s) o n th e instrument th e pe rson(s), o r th e e ntity upon behalf o f which the pe rson(s) acted, execute d the in s trument. I cert ify und e r P E AL TY OF P E RJ U RY un der th e laws of t he Stat e of Cali fornia that the fo rego in g paragra ph is true and correct. WITN ESS m y h a nd and offic ia l seal S IGN A TURE OF N OTARY P UBLIC (Sea l) [Tenant Exec uti o n Page Fo ll ows] IN W ITNESS WHE REO F , he re unt o a nd to du pli cates he reof, Te nan t ha s caused this Me morandum to be du ly executed on th e day and yea r fir st wri tten above. T ENAN T : CCATT LLC , a Delaware limited li ability company By : __________________________ _ Print Name: ___________ _ Titl e:-------------- ta t e o f Tex as Coun ty o f ____ _ Befo re me, , a otary Public, on thi s da y pe rsonall y a pp ear ed _________ o f CCATT LLC, a De laware l imited li a bility company, known to me (or prov e d to me on th e oath of _______ _ or throu g h dri ve r 's li cen se, s tate id card , res id e nt id card, military id card , o r passpo rt ) to be the person w hose name is su bscrib ed to th e for ego in g in strument and ac kn owled ge d to me th a t s he /he exec uted the sam e for the purposes and con sideration th e re in expressed. G i ve n und er m y hand and seal of office thi s ______ da y of _____ , 20_ (Perso na li zed Seal) o tary Public ·s ignat ur e EX HI BIT A Le ga l Description of the Propert y PARCEL I: LOT B OF TRACT 656 1, IN TH E CITY OF TEMPLE CITY, AS SHO WN ON MAP RECO RD ED IN BOOK 72 PAGES 34 AND 35 OF MAPS , IN THE OFFICE OF THE COUN TY RECORDER OF SAID COUNT Y. EXCE PT THEREFROM UNTO TH E COUNTY OF LOS A GELES, ALL OIL, GAS, HYDR OCARBONS OR OTHE R MINERALS I A D UN DER ABOVE DESC RIB ED PARCEL OF LAND WITH OUT THE RIGHT OF SURFACE E T RY FOR T HE DEVELOPMENT THEREOF , BY DEED RECORDED FEBRUARY 11 , 1963 AS INSTRUMENT NO. 3330. PA RCEL 2: THE WESTERLY HALF OF LOTS I OJ AND 102 OF TRACT 656 1, IN THE CITY OF TEM PL E CITY, AS SHOWN ON MA P RECORDED IN BO OK 72 PAGES 34 AND 35 OF MA PS, IN THE OFF ICE OF T HE COUNTY RECORDER OF SAID COUNTY. ·' • 'BUILDING AND LAND LEASE DO~liCATE ORIGINAL l. L.A .~ CELLULAR Lao Ana• los Cellular Ttlepkono Comi*'Y Dated as of: S~ptcmber 25. 1998 (Communlcatlon equipment to be Installed In the existing Building and antennae and related equipment to be constructed and Installed on the Land] You , Cjty of Tomglo Cjty , aa landlord , agree to lease the Premises and grant t ho Easements !both defined be lowl to us, Los Angeles Cellular Telephone Company !L.A . Cellu lar), as tenant, and we agree to leaeo the Premises and accopt the Easement from you, upon tha follow ing terms: 1. Certain DofinltJoM . Tho foUow ing Is o list of some o f the definitions usod In this lease: Ia) "Leese": Thle Building and Land Le ese. (b) "You" (landlord): City or Tomglo Cllv . (cl "We" or "Us" [Tenant): Los Angeles Cellul ar Telephone Company (L.A. Cellular). (d) "Party" or "Parties": You o r u s as th o contoxt requires, and together, you and us. (a) "Land": Your land , os de scr ibE~<! on fxbl.biL.A. (fl "Buildi ng": The building or buildings which oro locatod on the land at the follow ing address: 6938 Kauftmao Avenue Tomo la City CA 9lZIJQ. Col "Property": Tha lend and tha Building . !hl "Equipment Aru": The porti on of the Building containing approximately ~ square foot shown 8a cross-hatched on flsllibiLa . (I) "Antennae Area": The portion of tho land shown as diaoonelly·linod on fldlih!t..e.. Ill "Eaaemants": Described In paragraph 7 . (k) "Premises•: The Equipment Ares, tho Antennae Area, and the Easements. (I) "Tenn Stan Oate": Octgbor I 199!3 . (m) "Initial Term End Date": Sep1emb11r 30. 2001 . (n) *Operational Phase Commencement Oate": The date on which we give you a •commencement Letter, • as defined In paragraph 4. lo) NPermit Phose": The period of t ime from the Torm Start Date until the OperatJonsl Pllese Commencement Date. (p) (q ) (r) (8 ) (I) (u) "Op e rational Phau": Th e period of time from the Operational Phas a Commoncemont Date until the expiration or earlier termi nation of this Lee so. "Permit Phaae Rent.l R11te": $~per month, "Op erational Phue Rental Rate": oaragraph 51bj, $ 1 35Q 00 per month, as may be adjusted In "Communication• Faclfity": The c ommunications antennae, antennae arrey, und all equipment and roloted Items whic h wo plan to construct on the Premises, which may lncluda, for oxample, cables, conduits, air conditioners, and generators . "Index": The consumer prlc o Index which has t he following t itle: The Consumer Price Index for All Urban Consumers applicable to the l os Angoles·Anaheim·Rivers ldo area published by the U.S . Department of Labor, Bureau of Labor Statls tlos subgroup "All items (1982-84 "' 100)." ·vour Adja cent Propeny·: Any prop erty (other th an the Propenyl which Is Ill located within 8 rad ius of 500 feet of t he Premises, and (II ) own!ld, leas ed, lice nsed, or othorwi5e controlled by vou. UUlLDING AND lJ\NO LEASE ~ Tena nt 1 MENT 2 . Initial Lease Term .-is Lea se w il l start on the Term Start Date! end on the Initial Term End Date, except ' If this Lease is terminated earlier for the reasons provided in this Lease or if the term Is oxtend9d as discussed In D!!rcg roph 3 . You agreo to deliver possession of the Premises to UB on the Torm Start Date. 3, Extensions of Lease Term. The In itial Term End Date w ill eutometically be extended 3 consecutive timos for 5 years each time, unlo ss we notify you of our doslro to termin<t te this Lease, at loast 3 months before t he Initial Term End Da te lor, if this Lo ose h os beon eiCtendad, the expiration of the eiCtens lo n then in effect). You may terminate this Leese et tho end of t he first extension by giving us notice of such Intentions no later than one year prior to the end date of the first extension, Thi s tormlnatlon right shell also apply to all other extensions that follow. 4 . Permlte and Approvals; Permit Phase Termination. You represent end warrant to us that you have all oovemmontal permits end approvals nacessary for your present use of t he Pre m ises, and for any construction and/or Improvement that has taken piece thereon. To the extent other governmental permits and approvals ero required for us to construct and/or uae the Communications Facility, wo will obtafn end maintain such permits end approvoln. When we have obtaln9d all required governmental permits and approvals for our construction and use of the Communications Facility, wo will g ive you ' notice, called a ·commencement Letter.• The Commencomant Lotter will state tho Operational Phaso Commencement Date, and, If that date Is other than the first day of the calender month, th11t the Operational Phase Rontal Rate win commence on tho first day of the next oolondar month. A copy of the Commencement Letter ahould be attached to this lease to show the Operational Phase Commencement Date. We moy temninato this Lo ose at any time during the Parml t Phase by giving you a notice of termination, called a "Termination Notice." If we, In our sole d iscretion, have doterminod that: !el the Premises (Including the Eaaomontsl are or have bacomo unsuitable for our planned Communications Facllity; (b) wa cannot obtain or maintain ony req uired governmontal permits or approvals; o r (c) the coat or effort required to obtain or maintain any required povarnmental permits or approvals is or has become economically Impractical for us. II we oivo you a Termination Notice as dis cussed In t hla oarparapb :'}, this lease will terminate 30 days attar we glvo you the Termination Notice, and you may keep ell of the rent that you hove received as of the date of termination. 5. Rent. (a) During the Permit Phase, we will pay you rent at the Permit Phose Rental Rate es dncrlbetl in thi s paragraph. On the Temn Start Date we will pay you one month's rent at the Permlt Phase Rental Rate. Starting on the fl"t day of the next calender month, end contlnulng on tho firs t day of each subsequent month during the Permit Phase, we wi ll pny you monthly rent et tho Permit Phaso Rental Rate . If the Temn Start Date Is on a day other than the first day of a calender month, rent for the second month In the Permit Phase will be prorated to reflect the fact that the first month wea a partial month. (b) Dur ing the Operational Phase, we will poy you rant at t he Operational Phase Rental Rete as described In this paragraph. On the first day of each calendar month during the Operational Phase, we will pay you monthly rent at the Operational Phase Rental Rata as may be adjueted n discu9sed below. If the Operational Phase Commancemont Date Ia on a day other than the first day of t he calendar month. the rental rate wi ll change to the Operational Ph ase Rentol Rate on the first doy of tho next calendar month. Ront for any partial month at the and of the lease term wlll be prorated. Effective on the day ettor the expiration of the f lrat full 1 2-month period in the Operational Phase and on the day after the expiration of each s ubsequant 12-month period, t he Operational Phase Rental Rate will bo In creased by the percentage Increase, if any, of tho c urrent lndox over the Index that was In etfoct at the beginning of the previous 12-month period, 8Xcopt that the Operational Phase Rental Rate for any 12-month period w ill not be Increased by more than 5'16 but not len then 3'16 over the Operational Phase Rental Rate for tho preceding 12-month perio d . 6. Res e rved. 7. Eostmonta. (a l By signing this Le&se, you grant to us the following easements (the "EIIIamtnt.s") appurtenant to tho Premises: lil The right to construct , Install, maintain, repair and/or replace at any time communications antonnaa and antenna array on tho Antennae Area and support equipment in the Equipment Area; (II) The right t o install, operate, mainta in , repe lr and/or raplaco at any time utility wlraa, cables, conduits end pipes over, under, along and through portions of the Bu ilding and Land extending to and from both the Equipment Area and t he Antennae Ar88 l'ls well os betwoon the Equipment Area anti tho Antennae Aree as wa rnay consider epproprieto for the proper functioning of the Communications FaciHty, in t ho locatio ns shown on f2llll.b.II...I. All utilities shall bo underground unless approved by the City; (il l) ..ZIIaUQl assigned parking spaca(s) described ea • Assigned Parking Space(s)" on fllhil2lUl. and .JUli11L unassigned parking epece!sl described as "Non·Asslgnad Periling Spaca(s)" on f2s.ll.ll1lUl; end fiv) A spacial right of access 7 days a week, 24 hours a day, for Ul end our assigns, lndape ndent contractors, agents, Invitees. and equipment, for the c onstruction, installation, maintenance. repolr, replacement and removal of the commurJcations antennae and s upport equipment to, from, and through portlona of the Building and Land extending """' '"" both~' ,,.,..,Mf A•• '"' Jho AnfOM" •-· " woO "bofwoon fho ""lpmo~ tuo~. e Area BIJILDING AND LAND LEA SE on on t : i .. , ' os outlln&d on ~. • • (b) The Easementa will Include placement end traffic of such trucks, vehicles and heavy or other construction or repair machinery on the Property as may bo necessary or appropr iate from tlmo to time for the construction, Installation, operation, maintenance, replacement and/or re moval of the Communication s Facility. If you g ive ue written notice of any damage to the Prope rty d irect ly caused by our constructlon or usa of the E11sements within 30 days from the occurrence of the damagu, we will pr omptly rep air the Property to t he condition that existed Immediately prior to s uch damage; howovar, we will not be liable to you or t o any other person or entity entitled t o usa the Property on which the Easeme nts are located, for any consequential damages (Includ ing, for example , economic loss ) attributable to such use, damage or repairs. To t he ax tent that t he Enemonta and im provements on the Easements are constructed by us, and except fo r any melntenenco made n1cassary by the uee or negligent m is use of the E&~am ents by you andfor you r assigns, Independent contructora, agonta ond/or lnvitaes, during tho Lease Term we will maintain the Easemen ts and alllmprovemants thereon In good condition and re pair, frea a nd cle ar of any obstructions and other hazards t o persona entitled to usa the Easements. lei From time to time It may bo necessary for us or y ou t o s ign agreomen b with, or to grant easements to, public aUihoritias or publi c utllitlaa In order for us to either lil obtain the necell.!ery governmental pemnlte end approvals for the construction, operation andtor ma intenance of the Communications Facility, or (Iii obtain utlllty aarvico t o the Promises in connection with the In stal lation, conatruction, operation end/or maint enance of t he Communlcall ons Facility. Therefore, upon our request , you agree t o algn or to a uthorize us to s ign, agreaments with eny public authority and/or public utility , and to grant or authorize us to grant aasemants t o a ny public authority ond/or public utility, ae nacasssry or a ppropriate for our us e o f t ha Premlsae f or installatio n , construction, operatio n, and/or ma intenance of the Communications Facility. ldl Thu term of the Easements and any other Interests granted in this parogcach 7 will coincid e with the term of this La asa. No wires, cab la$, conduits or pipes to locations other than those shown on fxblbiUl c an be relocated without City appro val of the re/ocstio na . You ag ree not to unreasonably withhold or delay your a pproval, which you w ill indicate by Initialin g an fll.bi.Q1Ul modifl&d to ahow the relocetions . You agree t o sign before a notary pu blic and deliver t o ua within 6 days after our requ est, all do cuments, agreements or instruments which ere rueaonabl y necessary or appropriate to accompli sh the purpos es described In this paragraph 7, 8 . Communlcatlona Fa cilit y . (a) Wo have the right t o construct end Install our Communications Facili ty on t he Premisea. We will construct the Communications Facilit y accord ing to the specific ations that w e determine, which will Initially bo configured as shown on Ex h jblt B. Your 5ignat ure on t hi s Loaae Blg nlflos your approval of ~. We may change t he Communications Fa cility located In the Equipment Area at any t ime and for any reuson whatsoever if (i) we obtain all necessary govammentol and city council approvals , and (II) we do not unreasonably interfore wi t h any other Buildi ng tenant's uso of its assigned premises. We may Improve and/or reinfo rce the Building end/or any ot her portion o f tho Proporty , at our cost. to support the Communications Faclnty. After we inst all the Com m unications Facility, we w ill be requ ired t o obtain your approvolln order to (I) moke any chango to the communicati ons antennae end antennae array on the Antennae Area for whi ch a governmental pormit or a pproval ill required; or Ill) change any coblas or condu it& runni ng along the outside of tho Buildi ng ln a mannor whic h would be visible tr om a ground level view of tho axterlor o f the Build ing. Yo u agree not t o unreasonabl y w ithhold or delay your app roval. We will kaep tho Prop erty f ro o f rom m echanics' liens &rising out of our construction. Wo wil l perform ou r conatruct lon ond Installation in compliance with aU applic able laws. The Facility, Incl uding ell electrical end phone lines, conduit (except for t ho antenna end monopole! ahall b o undorgrou nd . The Communications Facility will at all times bo our sole property. lbl You waive any right or Interest which you m ay have, now or In tho future, to or in the Communications Fa cility end any of our fu rniture, fi xtures, oqulpment a nd other property used or t o be used In connection wi t h the Communications Facility regardless of tho low o f fi xtures and/or the mannor in which these Items are attechod t o o r pl aced on tha Premlsos and regard less of any Tenant Default (as dftflnod In DB!l!QraDh 21/gll . Accordingly, you a gree not to grant or create any security Interest or lien In all or any port of tho Comm unications faciU t y andtor any of our furnlturs, fixtures, equipment and other property used or t o be us&d In connection with the Cofllmunicatlons Fa cility. You agree to sign before o notary public ond dollver to us, within 5 days after our request, ell instrumonte 1md documents that we reasonably roquo s t , in order for us to accomplish tho purposes described In this p eragraoh B!bl. (c) You shall within 60 days rel ocate your HVA C equipment from the basement to the roof. We shall ruimburse you t ho fir st $40,000 of such e xpanse by c ho ck upo n execution o f this lease, and we shall be able t o recover the s aid $4 0,000 by deducting $333.33 p or m onth of the monthly rent due for tha first ton yea rs of this le ase. ld l We (LA Cellu lar) agree to have oil tho antenna Installation work com pleted within 46 days otter the Ciiy pormlts hove baan issued. lel We give you the right to Inst all antannas on our monopole that will not in terfere with tho operation of our Comm unications Facility. Antenna s peclfic atlona must be submitt&d t o u s fo r review bafore approvals for In stallation can be given to yo u . 9. Use. Wa may u sa the Pre mlsos for constructing, maintaining, repairing and operating tha Communications Facility, and for any other uses which are In cidental to thosG uses that yo u approve. You agree not to unreasonably w ithhold or de lay .your a pprova l. We agroo not to interfere with radio or other ec;ulpment which y ou or &n'l other uaer may heve ln t he Bui lding when the Communications Fa cl~ty was lnstall&d . 10. Cooperation. You agree t o fully cooperate with us by r lgnlng a nd joining In applicatio n s for governmental pormlts o r approvals covering o ur uso, conatruc t ion or occupation of t he Premises. We w ill ro imbiJ(sa you fo r ell reasonable exponsos resulting from your cooperation . ~ BUILDING liND !.'.NO LEASE onont 3 11 . Indemnity. Subje'o the waiver of eubrog&tion described In !agrapb 18: (a) We will Indemnify, defend (with counsel selected by you! and hold you harmless from any claim, demand or couee of action which arises from (If our negligence or willful m isconduct In the conetruotion, In stallation, operation. or maintenance of thB Communications Facility to the DXtant not attrlblltable, to t he negligence of you or your assigns, tenantt, agents, employees, customers, Invitees or contractors, 1nd/or Cfl) our bre11ch of any rapresentetlon or warranty made by us In this Leese. (bl You agreo to Indemnify, defend (with counselnlectod by us) and hold us harmless from eny claim, demand or cause of action which arises from (I} your nogligenca or wiMul m isconduct In connection with tho Property or the Premises to the extent not attributable, to tho negligence of ue or our eaalgna, tenants, agants, omployeas. customers, invltaaa or contrectors, and/or (Iii your breach of any representat ion or warranty made by you In thle Leese. lei If more than one Indemnity provision e teted In this l11ase would apply to a particular eituatlon, the provision providing the greatest benefit to the party being indemnified win apply. 12. Cluiet Enjoyment end Non -I nterference. (aJ You agree, repreaont and warrant that If we comply with an of the material prov lsione of this lease oppllcable t o us, wo will have quiet posseuion and enjoymont of the Premises In accordance with this Lease . (b) Landlord warrants and agroos that Tenant, upon paying the ra nt and performing the covenants heteln provided, shall peacesbly and qulelly have and enjoy the Leaso Property. Land lord shall not cause or permit any use of the Loose Property which interferes with or Impairs the quality ol the communications services being rendered by Tenent from the Lease Property. lei If en lntarfol8nce occurs, you agree, at your cost, to lmmodlotaly correct end eliminate the Interference. This may involve taking legal action that we may require, or reim bursing us for our coste to correct the lntorfareOC9 , Inclu ding, for axampla, reasonebls attorneys' feoa end costs. If any material Interference occurs and remains uncured for 10 days after you rocalve notice of such Jntarferonce, we may tarmlneto this l ena effective upon our giving you notice of termination. 13. Utilitloa and Taxes, We will pay lo r all utilities that we uso in the Prom isee. The pertln will reasonably cooperate to provide a separate metering of the utilities whlch we use. You agree to pay all real property taxes and assessments against t he Premlsas. We w!H pay a ny possossory Int erest ta~e chargod to tho loose property. However . we will pay you, upon your requost, any increase In those t exas or aasenmsnts based solely on the assessed value of the Co mmun ic ations Facility, but we may protest and contest the toxes and ussosaments with tho appropriate governmental authority. We w ill pay all porsonoi property taxes duo on our equipment located on tho Premises. 14. Remov1l of our Property . Within 60 daya following the expiration or oltler termination ol this lease, we will rom ove thoso Items of personal property, equipment, trode fi xtures and improvements that ore designated as required to bo removed by us on fliliiblt..B, as wall as any o ther personal property , equipment, trade fixtu res, and Improvements that we choose to remove. Upon the expiration of t he SO.day period, we will have no rights, obligation• or liabUi t !es with respect to any p8(Sone! property, equipment, trade fixtures and lmprovemenl3 rem aining on the Pr operty. Without affectin g any othar provision of this Lease, t ho insurance and Indemnificat ion provisions of this Lease will continue in eHuct until we have comph1ted removing our property or tho 60-day period has passod, whichever occurs first. 15. Tftft Matters. (e) ~. You represent a nd warrant to us that : fi) you have full authority to entor Into this Loue end to grant the Easoments; (li ) you havo faa title to the Property and the only matters affecting your title tJTa t hose shown on ~; end (IIi) you have provided us with copies of oil ogreoments and documents aHectino our uso of the Premises or this Lease. ib) Memorondu m of Lease, Each party, when clg nlng thla Lease, will also s ign be fo ro a notery public a m emorandu m of lease In the fo rm of .E.!dl!lll1...Q !*Memorandum of Laaao•t. We may, at our own expense, record the Memo randum ol Loose ot any time . 16. Melntenance 111'\d Repalra. You agree to promptly maintain and repair the Property (including any naces1111ry replacemonts} et your expense, In good, sound and oporating condition, and In c::om pilllnca with all appl ic able la ws. Your responsibilities undor this oaraoraoh 16 include, lor exemplu , tho etructurel comp on vntl, foundation, t x turi or walls, Build ing Systems, and common areas of the Building , tho landscaping, and the parking orea, but do not Incl ude any Improvements made to the Property by us. If we n otify you of any violation of your maintenance a nd repa ir obligations described in t his parogmpb 1 6 and the violation preaants a hozard or on emergenc y, you muat correct thu violation lmmadlately; otherwise you must bogln correct ing tho violation within 10 days after we notify you. Your obligation to maintain and r11pair the Property doscr ibad In this paragraob 1 6 , howe~ver, Ia not contingent upon your rocoivlng e notice fr om us. 1 7. Auignment and Encumbrance. lei We may, without your consent and In our 6ola discretion, from time to tlma, do eny of ths following: (IJ grant to any person or onthy a socurlty lnter11st (Including, for example, a security lnterast of first lien priorit y! In soma or ell of the Communications Facility and/or any of our furn iture, fixturo s, equipment a nd/or other property used or to be uaed in connection with tho Communications FacUl ty ; (Ill ass ig n or plodgo our interest in this Lease and the Premlaaa, including the Esaaments, to any person or entity to fina nce ou r aqulpmont o r oporato our buslnoss; and .~ an BUILDING AND lAND LEASE ~ Tooanl 4 ------------------------------, • • • IIJJ) assign this Lease : lA) to an y Bntity which has, dltec tly or lndlteotly, e 30% or great er Interest In us (o "Parent") or In which we or a Parent has e 30% or g roater Interest (an • Affiliate"); I B) to any entity with wh ich we end/or any Affiliate may merge or consolidate; (CI to o buyer of substantially all of tho outstanding ownership units or assets of us or any Affi liate; or IDIIf we transfer our Fodera! CommlJ(licatlons Commission cellula r license, t o the reclpl9nt o f that transfer. You agree to s ign before a notary pvbli c an d deliv er to us, within 6 days from our request, all instruments end documents that wo reasonably req uest, in o rder for us to accompli sh the purposes described In this porograph 17!al. We may record against our lntereet In the Premises any Instruments or documents that may be requ ired with reepect to any assl gnmont or p lodgo doscribad In paragraphs lZ!alUI qr Iii!. lbl Except as allowed In ooragraph I 7!pl above. wa may not assign t hla Lease or aublot the Premises 0 1 any part of the Premises, without first receiving your consent. You agree not to unreasonably withhold or delay your consen t . In addition, you agree not to withho ld your consent If: II ) the financiol condition of the proposed assignee o r suble ssee moots y our reasonable standards of c reditworthiness lor evaluating new tenants In the Bu ildi ng , end Iii ) the Intend lid use is perm itted under parngropb 9 ebove or is otherwise compatib le with the design of t he Property and the uses of the other tenants. If wo Gublet any portion of the l&as lld au1a, such sublease shell bo subject to approval by you, and the amount of the sublease will be divided equally between you a nd us. lei If you request, any assignment of this Le ase descrlbod In DB!8qrapb 171altllll will not be effective until tha pe11on or entity to whom wa nro assigning t his Lease signs and delivers to you o document In which they auuma responsibility for all of our obligations under this lease. However, even It we assign or pledge thi s l aase, we will remain pr ima rily liable for the performance of all obligations allocated to us as t enant in t h is l ease, u nless you s pecifi cally rel ease us In w riting. 18. In s urance. Ia ) Liability !nsuronca. Each party agre es to maintain, at Its own oxp anae, Insu rance sgalnst public li abilit y for injury to parsons (In cluding deeth! or damage to p roperty occurr ing within, upon or about the Property. Each insurance policy will be a combined single limit po licy in an amount not loss than $1,000,000 p er occ urrence . We will name you es an addit iona l Insured under our policy and our policy will contain a aosa·fiobility endorsement. Tha Insura nce may ba In the form of general coverage or float ing policies covering these and ot her pTBmisoa. lbl Property lnauronc o. You agree to mainta in, at your own expense, Insu rance a gainst loss or damage t o ths Property, providing coverage f or the full replacement value of the Property. This inauranco must include loss or damage at lao s t from fire, vandalism . mallciouG mischief and fl oo d . tel !nsuraore Pollc!Q8 . The insurance policies required in pa(llqrapha IB!al and !bl must bo Issued by companies holding a "General P olicyholder'• Rating • of at least A:VII es listed In the m oat current l"ua of "Best's Insurance Gu ido, end llcansad t o do business in Ca lifornia . • When lo.r before) tho parties 1ign this l ease, wo w ill dallvor to you a copy of ou r required Insura nce policy, or certificate of Insura nce showi ng that our required policy Ia in affoct . Nalthar party may cance l or reduce the coverage of the requ ired Ins urance policies unless the other party Is given 30 day a prior written noti ce of the cancellat ion or reducti on. (d) Wajvar of Subrogation . Each perty waives any rights o f recovery for loss or damage against the other party, including the officers , directors, p artners, employoos, agonto and represent atives of t he other party, to the extent that such loss or damoga Is Insured against undor any valid and collectible Insurance !except Workers' Compmsatlon Ins urance) In force at the tlmo of such 1088 or damage, and t o the extent tho loss or damage Is required t o be Insured against by paragraphs 181al a nd lb.l of this lease. All policies of Insurance obtained b y olther yo u or us to comply with oaragrapbs 1 Bla l illiL1.Ill must Include a clause or endorsement waiving the ineurer'e r!ght8 of subrogation again st the other party. 19. Ounag• or Outruction . It an o r any port of the Property, incl udi ng the Convnunlc at lons Facility, is damaged or destroyed by any cause, than: Ia) We mey terminate this laesa If : (I) in our sole discretio n, we dec ide that tha damage or destruction has caus ed the Premises to become unsuitable or unecon omi c for our use. and !Ill we notify you of the Lease termination within 30 days after we make t ho decision that the Premises has become unsuitable or uneconomic for our use. !b) If: !II we do not choose to term inat e this loose, 1"1 tho damags or des truc tion re sults from a risk which would bo covered by a po licy o f 4tandatd tire and extended cove rage Insurance which lncludea vandalism and malicious mischief ondorsam ent5, and (1111 raat orat lo n of the Premises can b e completed In accord ance with exlatlng laws and within 90 days after t h11 date of the damage or destruction, then you must promptly rectors the Premises at y our o wn expanse to substentlal ly the 89ma conditi on as oxletod Immediately before the damage or destruction (oxcapt that we will res t ore at our own expansa any improvemonta; mode by us!. lei We may use (bu t we aro not oblige ted to use) a n alternative portion or portions of the Property for t emporary facRJties, If such space Is available. Tho alte rnative s ite will be sele cted by us, s u bject t o your approval. You wll! not unre aso nably w ithhold yo ur approva l. and you must respond to our request for an elternative site within 6 days after ro colvlng our written roquast. ldl Our rent will be redu ced during the porlod of t ime f10m the dete o f damage or des truc ti on until tho rest orat ion Is completed, ba sed on tho e xtant to whic h the dam age or destruction ceuau tho Premis es end/or the Comm u nlco t ioN Facility to ba unu sable and/or Ina ccessible , end taking int o acco u nt any temporary fa cUltie s we may be occupying. 20. Eminent Domain . If all or sny part of the Prom is ee Is taken by eminent domain or cond6mnatlon or sold u nder throat of emlnont domain o r condemnatio n lell of w hich are cell ed "Cond.mnatlon•t : BUilDING AND lAND lEASE 5 " " (al We may tenninate this Lea so by giving you written not ice of tennination within 30 day~ after we receive wrltton notice of the Condemnation from you , effective on tho date s pecified In our notice . (bl If we do not choose to terminate, this loose will continuo but our rent will be reduced by an amoun t which reflecte the value t o us of tha portion of tho Premises ta ken, compared to tho t otal value of t he Premises Immedia tely before the Condemnation . (cl Regardless of w hether this Leaee le tenninated, we will be entltlod to rocolve just compensat ion from tho condemni ng authority or purch11er for our loss of all or any portion of the Premises, this Leue and/or the Communications F" cility or 11ny usa of the Premises, this Lea s o and/or the Communicat ions Fa cility. Some axl!mplos of the typeo of compensation we will bo untitled to receive Inc lude the value of any personal property and/or trade fixtures takan, the cost of re moving and relocating the Communications Facility or any portion of the Communications Fa cility, any loss of bus ln en or goodwill, a nd any " bonus vu luo" of this lease. which Ia defined as the excess of the fa ir market value of the Premises over the present value of the rent payable for the remainder of t ho term of this l e a ee. 21 . Our Default. lal A MTvnant Default" wUI occur If: (I) we do not make any payment of Rent within 15 days after wu receive a notice from you of our failure to pay Rent: or (II) we do not perform any o f our obligation& in thia Lease other than the payment of Rent within 30 days otter we rec eive e notice from you of our fa ilure to parfonm or, if the required porform~~nce Ia of such a character as to requi re more then 30 deya to complete. we d o not uso reasonabl e diligence In sterling the required p orfonnance within the 3(}.day period. The notice requirements in t his parggraph 21!gl are lntonded to extend the notice requirements of the California unlawful detainer statute" . (b) If a Tenant Defa ult occurs, (i) you m ay punue any remedies avai la ble t o you under law, and (iii you moy not re-enter the Prcmlso s or remove anyone or anything from the Premises until this Lea se is terminated by tho appropriat e co urt. We will not bo in default under thle Lea se unless and until a Tenant Default occurs. 22 . Your Default. (e) A " Landlord Default" will occur If you do not perform any of your obligations in thia Lease w ithin the t lmo peri od specified In this Lease, or If no t im e peri od is specified, within 45 days from the issuonco of permit s . lbl If a landlord Default occur&, we may pursue any re medies availabl e to us under law, In cluding, for ex001plo, t he right, but not the o bl igation, t o cure a default under pa ra gra ph 16 and set off such amount against future rent or submit to you a statement of our costs In doing so. You agree to roim bU18a us within 30 days after you receive our s t atem e nt of c osts. We may still, however, seek equitable relief from the appropriate court without noti ce to you. 23. Non-Disturbance; Attornment : Subordination. On the Tonn Start Date, y ou agree to usa your best effons to obtain end provide to ua a non-disturbance and attornment agreement In the fonn of fxhl.biLE or otherwise reasonably acceptable to us (a " Non�Diaturban ce and Attornment Agreement") from each ground lessor. mortga gor, or benaflclary o f any deed of t ru st affoctlng the Property (each, a " uenholder" ) aa of tha date of this Laesa. At yo ur request, we will subordinate our Interest in this l ease to any future Uenholder by algnlng a Non�Disturbance and Attornment Agreement only If the future Lie nholder signs the Non� Disturbance and Attornment Agreement at the same time. 24 . Environmental Matters. (a l Yoyr Worranti"3 gnd Reoresentatlons. You roprosent and warran t, t o the beat of your knowledge, except as s o t fo rth below: (If Nona, write the word "NONE ") th at Iii t here have been no leaks , spUis, relea98S, dlacharges, emisslon a, Installation, or d isposal of horordous o r toxic was tes, materiale or substances (as such eubstences ere regul ated or may be regulated by any appllc11ble local. state o r federal law s or ragulotl onsl (" Hazardous Subftoncee"), occ u rring on or affect ing the Property or any improvements lo cated on the Property, and (II) any soil, ground w ater, or Improvements, on, ln . undat or a bou t the Property era free of any Hazardous S ubsta nces. As u sed In this l.&ase, the tenn "Hazardous Subatencos" does not Include small quantities of household or office supply matarisla kept In commercial ccntalners a nd used In t he ordinary courao of business. (bl Mytyol irulwnllicatioo. Ill Except to the extent that any Hawrdous Substances are brought onto the Pro perty solely as a resul t of our conduct, you agree t o indemnify, defend (with counsol selected by us) and hold us hDrm loss fr om any claims, judgments, damages, penalties, fines, cost s , liabilities (Including , for axamplo, sums paid In settlement of cloims l and/or losses, Includ ing, for example, attorneys' feu, consultants' foes, and experts' feos, which arise from or In connoctlon with the presenco or suspected p resence of Hazardous S ubstances on, In, under or about the Property (MClaims"). Iii) Wo will indemnify, doland !with couns el selected by y oui and hold you ha rmloss from any and all Cla ims arising from tha presence of Hazardous Subs tances on , In , under or about the Pro porty caused solely by o ur conduct. Iiii i Wi t hout nmttlng the generality of the foregoing, this indemnifi cation obligotion of the parti es will specific ally covor costs Incurred In connection with any investigation of site conditions or any clea n�u p, rem edial, removal, or restoration w or11 requ ired by any federal, state or locul g overnment agoncy o r polit ic al a � ion, or by BUILDING AND LAND LEASE 6 . :. . . . any third p ort\' resulting fr om the prese nce or tl\e suspected pres ence of Hazardous Substances In , on, under or abo ut t he Property. Your Indemnific ation obllgetlono will also Inc lud e exist ing Hazardou s Su bs tances released by our oonatruotion of improvements on the Pro perty If yo u did not disclose t he existence of the He~ardous Substances to u s. The parties ' obligatio ns d escrib ed in t hi s paragraph 2 4 will continue end no t be termina ted by the expiration or othu r termination of t his Lease. (c) Prosooco of Hgzordous Substoncos. (i) You agree to lmmodlotoly notify u s of tho presenc e o f or tho ro leaso of a Hnlnrdous Su bstance on, in, und er or about the Property. (ii) We agree t o immediately notify y ou of the presence of or tho release of a Hazardou s Substance on o r In the Premises . (iii) If you enter t ho Premises in c onnecti on with tha presenco or remo d latlon of Hazardous Substances, whether or not you have pro vided us wi th prior written notice of such entry and re gerd less of a ny o the r provis ion of t his Le ese, you must immediately not ify us of t ho entry end the purpose of and actions taken by you In connection with t h 11 onlfy, (iv l Due to the sensitive nature of the equipment we mal01ain nt t ha Pre mises, if Haz~~tdous Substances are present on, In, under or about the Property n ot solely as a result of our conduct, a nd the presence o f Hazardous Substances adversel y etfects the o pera t ion of our eq uipment, t hen we w ill hove th e s ame rights as It tho Property were tot ally d~moged or destroyed os provtded tn ooro gr oph 19 above. 26. Est o ppel Certificate. Wi thin 20 days after a writte n request by eit her party from t ime t o time, the ot her party w ill sign before a notary public and deliver to t he requesting party a written statement certif ying: (o) that this Le ase ond any Non·Disturbanr.• and Attornm ent Agree mant hovn not bean modifi ed and are In full force and effect, except as described In the s tatement: (b) that tho r equesting perty Ia not In default u nder t his Leese, exc ept as d ascribod In the statement; I (c) f the Rent then payable under this Lease: ldl t he dates to which sny Rant hss been paid in edvanca; snd (e) any other statements relating to deli very and acceptance of the Prvmlses e a the requesting party's lander , purchaser, assig nee o r sublessee may roqui re. Th e stat e ment must be accurate, wil l be bin ding on the p•nty providing the s ta tement, and may be re lied upon by the requesting party and the requesting party's lender, pu rc haser, a ssignee o r sublessee who required the s tatement. 26. Obligatio ns and Rights Run w ith tho land . The Easements and each of the other obligations, righ t s, restrictions, liens e nd charge s set forth in this lease, run with oach party 's estate in t he Property, respectively, and will bind end will benefit, as ap propriate, the respective successore (by o peretion of law or otherwise!, a55ig0$, t enant&, lnviteos a nd eg onts of the partie s and other lawful occupant s of each party' a estate In the Property. 2 7. Your Agreement to Provide Notice. You agroe to send us e copy of any notice you ro cuive regarding o ur use and enjoyment o f the Premises w ithin 6 d ays ettor you receive the notlc a. Examples ot notices reg arding our use and e nj oyment of the Promises include noticos from any governmen tal authority, le nder, lion claima nt or any other pa rson or entity claiming an Interest in or right to tha Pre mi ses. 29. Time of Essonce. Time Is of tho essence and evory o bii1Jatlon In this loaso mu s t bo performed stl'ictly in accordance with the t ime deadlines stated. 29. Covenants and Conditions. All provisions'in this Lea is' will bo inter pre t e d es both covenants and conditions. 30. Consvnt of Partin. Unle .. this lease specifies that a particular consent or opprovol moy be give n or withheld by a party In the "sole discretion" of that party or ·tor a ny re ason whatsoever, • whenever the consent o r approval of e ither party Is require d , t hat porty will not unreasonably w it hho ld or d e lay t h~t consent o r approv al. In addition, unle ss this Le an spocifloa a particul ar deadlin e tor a p arty's consent o r approval, that party must rospond w ithin 1 5 days af te r t he request fo r a pp roval or consent wos g iven. A party's failure t o me ke s timoly re sponse to a request for approval or consont w ill be Interpreted as a denial of consent or a pproval . All approvals ond consonts requ ired in t his Leese must be in writing . 31 . Contr olling Law, This Los~e will be interpreted and enforced eccordiog to the h1w8 of t he State o f California and f' s cco rdi ng to its fair meaning, and not In favor o f o r e goinst either party. 1 ' ' 32. Rights and Bonafits . A if of tho pa rt ie s' rights end obligations in t his l ease will bind sod will benefit, as appropriate, f tho parties as wall as t heir respact ivo heirs, successors and assigns. 33. Joint end Several Uabllity . If you, as the landlo rd, consist o f more than on o person or entity, then your o blig otions in this Lease w ill be joint and sovoral . 34. SevorebUity . The lnvolldlty or unenfo rceebltlty of any pen o f this loose w i ll not offoct the rc m olndor of thie lease. 35. Attorney•' Fees. If either party begins en action to enforc e any o f Its rights or remedie s undor this Le ase or any Non-Disturbance and Attornment Agreement signed in conn e ction w ith this lease, the prevailing party In tho oction will be ontitl e d to recover from the qther party all costs Incurred by t he prevailing party In t lie action, includi ng, for example, reesonablo attorneys ' fees . ~ BUILDING AN!l l.ANO LEASE UJ Tenant '1 " " 36. Additional Agreements. Each party will promptly sign or cause to be signed before a notary public, and deliver t o the otMr party, all Instruments or documents, end take all actions, as may roosonebly be requested by t he other por1y to c arry out the In tent or purposo of th is lease. 37. Entry o n Premls ... You agree that our use of tho Premises Includ es pr oprietary trade secreta. A ccordingly, oxcopt for emergencies or ins urance purposes, you may not enter the Pr&m ises, inclu ding for the purpose of maintenance or repairs, without our pr io r written consent. We may give or w it hhold our consent In our sole disc retion. We will have access to t he Premises 24 ho urs a day, 365 deya a year. 38. No Waiver. if either party waives a partic ular provision of this l ease, t hat w aiver will not be lnterpret!ld as a welvor of that same provision at o later tim a , or of any othar provision of this Lease. 39. Not1cea . Any notice, request , information or other document to be give n in accordance with this l ease must be In w riting and must be delivered In person o r sent by prepaid messonoer, delivery service, or certlflod U.S. m all. Any writing delivered In person will be considered given on the day the writing Is received by the In tended recipient. Any no tlco sont by messenger or delivery s erv ice will be considered glvon on t h e d ate the messenger or d el iv ery service gua rantee11 delivery. Any notice sent by certified U.S . mail w ill b e considered given on the d ate of delivery shown on the receipt card, or if no delivery date is shown, on the dete of the postmark o n tM receipt card. All writings are to be give n ot tho addressos Indicated below: To us: l os A ngutes Cellula r Tolophone Company P.O. Bo~ 6028 Cerrit os, Ca lifo rni a 90702�6028 Attention : Roal Estate Department Wit h a copy to: los Ange les Cellul ar Telephone Co mpany 17 786 Center Coull Drive North Cenltos, California 90703�8576 Attention: Er ich E. Everbach, Vice Presldant and General Counsel To you: City o f Temple City 9701 Las Tunes Dri ve Temple City, C A 91780 Attention: Public Services Director A par1y may change Its address by giving w ritten no t ico to the other party as descri bed in this oaragraph 39. 40. Operational Phase Terminati on. In addition t o any other righ t o r ovent of termination in this loose, we mey terminate this Lease at any tlmo during the Operational Phese If we: lal give yo u 30 days prior written notice; a nd lbl together with t he notice, P8Y you an amount equal t o 3 months rent at t he Operellonal Phase Rentel Rete. However, If we terminate this lease accord ing to any otMr p rovision of this l ease, the notlce end payment requirements of this D!ICAQcaph 40 will not apply . 41 . Headings . All p eragraph headings are for convenience only and do no t effect tho ln terprototion of this leaso. 42. Non exclualvlt y. This l e ase sometimes uses tho terms "Includ ing , for exsmplo " and "some oxampleslncl udo" fo ll owed by a list of Items, In order to Illustrate a concept or agreement. These t enms In d icat e that any liat which foll ow s them Is not an exclusive list, and therefore the concept or agreement illustra ted by the list would also includo any additional it em that applies to the concept or agreement b ut is not specified in t h e list. 43 . Entire Agi1Himent . This leas e , Including ell exhibits t o this Lease and all othor documents mo ntlonad in this lease as pall of t he agreement between you end us (i ncluding , for example , the Memorandum of Loa~e a nd any Non- Disturbance and Attornment Agroemo nt), constitutes tho ent ire and axclus ive agreement between you and ua re garding the Premi s e s, including tho Easements, end takes tho place of e nd cancels all prio r o r contemporaneous oral agreements, understandings an d/or discussions regard ing the leasing of the Premises. inclu ding the Easements. Any amendment or revocation of this leasa, Including t he exhibi ts and d ocument s reference d in t his paragraph 43, must be In w riti ng and s igned by both parties beforo it will be e ff octlve. 44. Your Authority to S ign this l ease. Yo u represent and warrant to us t hat this Leese, and your s ignin g this l asso, do not and w in not conflict with or viola te the Articles of lncorpcre!lon, Bylaws, P3rtnsrshlp Agrnment, Instrument of Trust or any other comparable document gove rning you, o r any agreement to which yo u aro e party or w hich affocta you or you r esst~Ls . Furthur, the Individuals executing this lease on yo ur behalf re present and warrant t o u s thet they are duly authori1 ed to s ign e nd deliv er thi s loose t o us on your behalf, and that this l ease binds you and is enforceable a gainst you according to it s torrns. Yo u agree, w hen you sign this Lease (and at any other times at our requeatl, to deliver to us at your own expense any assurance that we may request authorizing end epprovlng !M signing of this lease, including, fo r oxumple , any applicable resolutions, cortificotes, approvals , le tters of conservatorship, and court or ders . 45. Exhibits, Tho following exhibit s to this Laes a am mado a part of this Lee se as If they wore Incl uded In tho main body o f this Le ase: BUilOfN G AND LANO LEASE 8 Exhibi t c Exhibit D Exhibit E oqu,ont to be Included w it hin t he Communica"s Fa cili ty) Permitted Ti tle f )(c eptlon s Memorandum of Lease Non -Di sturbance and Attornment Agreement THE PAR T IES HAVE READ THIS LEASE CAREFU LLY (INCLUDI NG EACH OF THE EX HIBITS) AND, BY SIGNING T HIS LEASE , DEMONSTRATE T HEIR INFORMED AGREEMENT AND CONSENT T O EV ERY PART OF THIS LEASE (INCLUDING THE EXH IBITS). THE PARTIES A GREE THAT, A T T HE TIME THIS LEASE IS SIGNED, THE TEAMS O F TH IS LEA SE ARE COMMERCI ALLY REASONABLE AND REFLECT THE PARTIES' INTENT AND PURPO SE WITH RESPECT TO THE PREMISES . IN WITNESS WHE REOF, tho p ar t ies have signed this Le ese as of tho date written at tho beginni ng of this Loos e . LANDLORD : TENANT : City of Templo City LOS A NGE LES CE LLULAR TELEPHONE COMPANY, By : c~:;q ~ Name :~'~.) N om o: Laren Whiddon Title: Mayor Ti tle : Chief Financia l Officer !lUilJJING AND L»JO LEASE 9