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<br />DRAFT <br />NORTH CAROLINA <br />ORANGE COUNTY GROUND LEASE AGREEMENT <br />THIS GROUND LEASE AGREEMENT (the "Lease") is entered into on the day of <br />20-, by between THE STATE OF NORTH CAROLINA, (the "Landlord"), and County (the <br />"Tenant"). <br />ARTICLE I. BASIC LEASE INFORMATION. <br />1.1 Basic Lease Information- In addition to the terms that are defined elsewhere in this <br />Lease, these terms are used in this Lease: <br />1.1.1 LANDLORD'S ADDRESS: State of North Carolina <br />c/o State Property Office <br />116 West Jones Street <br />Raleigh, North Carolina 27603-8003 <br />With copy to: University of North Carolina at Chapel Hill <br />C/o Property Office <br />103 Giles Homey Building <br />Chapel Hill, North Carolina 27516 <br />1.1.2 TENANT'S ADDRESS: Orange County <br />c/o County Manager <br />Hillsborough, NC 27278 <br />With copy to: Chapel Hill - Carrboro City Board of Education <br />Lincoln Center <br />Merritt Mill Road <br />Chapel Hill, North Carolina 27516 <br />1.1.3 SUB-TENANT: Chapel Hill --- Carrboro City Board of Education <br />1.1.4 LAND: The land described in paragraph 2.1 which is more specifically described on Exhibit A. <br />1.1.5 IMPROVEMENTS: Any improvements located on the Land placed thereon by Tenant or Sub- <br />Tenant, and whether or not spelled in upper or lower case, more specifically described as athletic <br />fields, tennis courts, parking lots, fixtures, track and field facilities, and permanent lighting <br />structures. <br />1.1.6 PREMISES; LEASED PREMISES: The Land and the Improvements as defined herein more <br />particularly shown on Exhibits A. <br />1.1.7 UNIVERSITY: University of North Carolina at Chapel Hill