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• r�l„J!a-�!,}"1�'=LJ, 1.1 i• 15 FF - 'HIEF i_M PrJ II3 1`..19SO?4676 P. S� <br /> .fir <br /> ` LEASE=AGREEMENT <br /> 7, PARTS_ This Lease Agreement is between <br /> AS�TPNFF referMd to as LANDL©RE)and CHIEF AEU 4 PARTS <br /> INC,, a Delaware corporation, referro-d to U TENANT. <br /> 2. PREMISES. LANDLORD ;eases to TENANT the premises (the "Premises') described in the <br /> attached Exhibit A (the 'Legal DescripVon•) and Exhibit a (the 'Site Mn ), together witch the <br /> b0cling(the "Svilding")and other improvements(the'lrnprovements")referred to in Exhibit C(xhe <br /> "Construction Agreement*). LANDLORD further grants to TENANT the right to use any pariong <br /> areas,driveways,5idevYaiks,roads,alleys and means of ingresa and egress servicing the premises. <br /> (lf Exhibit 8 conflicts with the revised site plan as hereinafter provided, the revised situ plan shall <br /> control). <br /> The premises are located on the SEC Bristol and McFadden, Santa Ana, <br /> California and consisting of approximately 3,744 of building space <br /> and approximately 24,650 square feet of land as outlined in red on <br /> Exhibit "B” attached hereto, <br /> 3. TERM. Unless sooner terminated or extended: as herein provided, the term of this Lease shall I NIT. <br /> be for Fifteen L 15 )years and - S -- )months(thy, -Term")p The Terry 1,C1 <br /> shall commence on the first, day of the first calendar month following the eaAi <br /> LANDLORD and'TENANT each agree that <br /> upon the others written request they wiii exeduto and deflw on aoceptance 1Mr acknowledging <br /> the actual date of the Term and expiration date of this Lease. *closing of the escrow <br /> LANDLORD grants to TENANT I two ( -Z-)sucoessive options to <br /> extend the Terry: upon the same terms, COvenarns and wdition$.'of this Lease, for any period of <br /> time not exceeding five ( 5 -)Mrs for each option(the "Extended Term")at the festal <br /> shown in Ar't;der 4, LANDLORD shall give written notice to TENANT of the expiration date of the <br /> Terra or then Current extension of the Extended Term 1 (`-) days prior to " expiration to <br /> allow TENANT to exercise one or morn renewall option. LANDLOM10 failure to give written <br /> notice shall extend TENANT's time to exercise its option(s) for xhe period by which LANDLORD <br /> was dilatory in giving notice. If MANT elects to exerese one or more options, TENANT shall <br /> notify LANDLORD, lay written notice:, at least 180 (;,; ) days prior to expiration, <br /> 4. RENT. (A?. TENANT agrees io pay LANDLORD or his designee a minimum rental for each and <br /> every month during the Term and the.Exter4od'form of this Lease such monthly rental to be paid <br /> in advance on or before the fifth (5th) day of each month (unless such rental shall be abated or <br /> diminished as thereinafter provided). Should rent commence on a day other than the first day of <br /> a calendar montrr, rent shall be apportioned for that month only. Rent may be paid by check and <br /> sent by ordinary first class mail to LANDLORD at the address set forth in Article 32. <br /> SENT SCHEDULE: <br /> RENTAL P ONT APPLICABLE YEARS_ <br /> (For Term and-Extended Terms) <br /> -MAW 1� <br /> 4_10,281.60 lsdsption <br /> $12,337.92 2nd Option INIT. <br /> NFS2 <br />
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