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AZ#5538-01-01 <br /> 1101 S. Bristol Street <br /> Santa Ana, CA <br /> FIRST AMENDMENT TO LEASE AGREEMENT <br /> THIS FIRST AMENDMENT TO LEASE AGREEMENT ("First Amendment") is made and entered into <br /> between City of Santa Ana, a Municipal Corporation (hereinafter"Landlord"), successor in interest to <br /> Jerome B. Esterkin et al, and AutoZone West, Inc. (formerly known as Chief Auto Parts Inc.), a <br /> Delaware corporation (hereinafter"Tenant"). <br /> WITNESSETH: <br /> WHEREAS, Landlord (by its predecessors in interest) and Tenant entered into that certain Lease <br /> Agreement executed by Tenant on September 7, 1990 and by Landlord on September 13, 1990 <br /> (hereinafter "Lease"), whereby Tenant leases from Landlord that certain premises located on the SEC of <br /> Bristol and McFadden, in the City Santa Ana, State of California, consisting of approximately 3,744 square <br /> feet of building space and approximately 24,650 square feet of land (the "Premises"), more commonly <br /> known as 1101 S_ Bristol Street, Santa Ana, California, and being more particularly described in said <br /> Lease; and <br /> WHE=REAS, the Term of the Lease currently expires on September 30, 2010, and there is available to <br /> Tenant one (1) option (2nd Option) to extend the Term of the Lease; and <br /> WHEREAS, Tenant and Landlord now desire to extend the Term of the Lease for a period of five (5) <br /> years, retain the existing option (2nd Optics) to further extend the Term of the Lease, and otherwise <br /> amend other provisions of the Lease as provided herein. <br /> NOW, THEREFORE, in consideration of the mutual promises, covenants and agreements, and other <br /> good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, the parties <br /> agree to amend the Lease as follows: <br /> 1. The recitals set forth above are incorporated herein as true and correct. <br /> 2. Landlord and Tenant hereby agree that the current Term of the Lease is hereby extended for a period <br /> of five (5) years, and shall hereafter expire on September 30, 2015, unless sooner terminated or <br /> further extended as provided for in the Lease. Landlord and Tenant hereby agree that the minimum <br /> rent is currently Ten Thousand Two Hundred Eighty One Dollars ($10,281.00) per month and shall <br /> continue at such rate throughout the remainder of the Term as herein extended (September 30, ! <br /> 2015). <br /> 3. The option (2nd Option)to extend the Term of the Lease shall remain exercisable by Tenant to extend <br /> the Term beyond expiration of the Term as herein extended (September 30, 2015), at the minimum <br /> rent amount set forth in Article 4(A)of the aforementioned Lease Agreement for said 2nd Option. <br /> THE REMAINDER OF THIS PAGE 1S INTENTIONALL Y FLANK <br />