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THIS INDENTURE OF LEASE, made on the Lt day of May, 1991, by and between <br />0 ELLIOTT CENTER INVESTORS, a North Carolina General Partnership, 400 S. Elliott Road, <br />Chapel Hill, N.C., having its principal place of business in Orange County, North Carolina, <br />hereinafter referred to as "Landlord" and sometimes referred to as "Owner" which terms shall <br />include its successors and assigns wherever the context so requires or admits, and ORANGE <br />COUNTY hereinafter referred to as "Tenant" and sometimes referred to as "County" which <br />terms shall include its successors or assigns wherever the context so requires or admits. <br />WITNESSETH: <br />ARTICLE I <br />GRANT AND TERM <br />1.1 PREMISES LEASED <br />That for and in consideration of the sum of Ten ($10.00) Dollars and other valuable <br />consideration each to the other in hand paid, and in consideration of the payment from time to <br />time of the rents hereinafter stipulated and for and in consideration of the performance by the <br />Tenant of the covenants hereinafter contained by the Tenant to be kept and performed, the <br />Landlord has leased, let and demised and by these presents does lease, let and demise unto the <br />Tenant, and the Tenant accepts from the Landlord, those certain premises, now or hereafter to <br />be erected in the City of Chapel Hill, County of Orange and State of North Carolina, which <br />premises consist of two contiguous spaces; one containing 6102 square feet of main level and, <br />1485 square feet of mezzanine floor area (collectively referred to as "Area 1"); and the other <br />containing 2938 square feet of main level and 715 square feet of mezzanine floor area <br />(collectively referred to as "Area 2 "), herein called the "leased premises" or "demised <br />premises ", as shown on sketch of premises attached hereto as Exhibit A; subject however to <br />Section 18.5, contained in this lease, regarding Reversion of Area 2. <br />1.2 USE OF COMMON-AREAS <br />The use and occupation by the Tenant of the leased premises shall include the use in <br />common with others entitled thereto of the common areas, service roads, loading facilities, <br />sidewalks and customer car parking areas shown and depicted on Exhibit B and other facilities <br />as may be designated from time to time by the Landlord, subject, however, to the terms and <br />conditions of this agreement and to reasonable rules and regulations for the use thereof as <br />prescribed from time to time by the Owner. <br />61 <br />