ORD-2020-003 Lease of 308 W. Franklin Street and Suite 101 at the Europa Center, and Approval of Budget Amendment #4-C

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41 (c) Send payment of monthly rent to the following address: Europa Center, LLC, c/o Avison Young - NC, LLC P.O. Box 900002, Raleigh, NC 27675-9000 Either party may change its designated facsimile number for receipt of notice by written notice to the other party pursuant to this Section 33. 34. ENTIRE AGREEMENT; MODIFICATION. This Lease contains the entire agreement of the parties in regard to the Leased Premises. There are no oral agreements existing between them and there shall be no oral changes. Neither Landlord nor any agent of Landlord has made any representations, warranties or promises with respect to the Rented Space,the Building or the Europa Center, or the use of any amenities or facilities,except as expressly set forth in this Lease. Any agreement made after this Lease is signed shall be ineffective to change,waive, modify, discharge, or terminate it in whole or in part unless such agreement is in writing and executed by both Landlord and Tenant. 35. RIDERS AND EXHIBITS. All riders and exhibits attached to this Lease and initialed by the Landlord and the Tenant are hereby made a part of this Lease as though inserted in this Lease. The following Exhibits are attached hereto and incorporated herein: Exhibit A Site of Europa Center Exhibit B Sketch of Rented Space Exhibit C Rules and Regulations 36. SECTION HEADINGS. The headings of sections are for convenience only and do not limit or alter the contents of the sections. 37. NUMBER AND GENDER. The words"Landlord"and "Tenant"wherever used in the Lease shall be construed to mean plural where necessary, and the necessary grammatical changes required to make the provisions hereof apply either to corporations, partnerships or individuals, men orwomen,shall in all cases be assumed as though in each case fully expressed. 38. GOVERNING LAW. This Lease shall be governed and construed pursuant to the laws of North Carolina. 39. SEVERABILITY. If any term, covenant or condition of this Lease or the application thereof to any person or circumstance shall, to any extent, be invalid or unenforceable,the remainder of this Lease shall not be affected thereby; and each term, covenant or condition of this Lease shall be valid and be enforced to the fullest extent permitted by law. 40. MODIFICATION BY MORTGAGEE. Should any mortgagee or ground lessee of Landlord require a modification or modifications of this Lease, which modification or modifications will not bring about any increased cost or expense to Tenant or in any other way substantially change the rights and obligations of Tenant hereunder, then Tenant shall execute a written modification to such effect within ten (10) business days of request by Landlord. 41. BINDING EFFECT. Each provision of this Lease shall extend to and shall bind and inure to the benefit of the Landlord and the Tenant and their respective heirs, legal representatives, successors and assigns. 42. LIMITATION ON RIGHT OF RECOVERYAGAINST LANDLORD. Tenant acknowledges and agrees that the liability of Landlord under this Lease shall be limited to its interest in the Europa Center and any judgments rendered against Landlord shall be satisfied solely out of the proceeds of the sale of its interest in the Europa Center. No personal judgment shall lie against Landlord upon extinguishment of its rights in the Europa Center and any judgment so rendered shall not give rise to any right of execution or levy against Landlord's assets. The provisions hereof shall inure to Landlord's successors and assigns, including any Mortgagee. The foregoing provisions are not intended to relieve Landlord from the performance of any of Landlord's obligations under this Lease, but only to limit the personal liability of Landlord in case of recovery of a judgment against Landlord; nor shall the foregoing be deemed to limit Tenant's rights to obtain injunctive relief or specific performance or to avail itself of any other right or remedy which may be awarded Tenant by law or under this Lease. 43. BROKERAGE. The Tenant and Landlord each represents to the other that it has dealt directly with and only with Pickett-Sprouse Commercial Real Estate and Avison Young - NC, LLC, as brokers in connection with this Lease, and that no other broker procured this Lease or is entitled to any commission in connection with the Lease, and in the event either party has hired another broker such hiring party shall Page 16 -THE LUROPA CENTER Lease Landlord Tenant Initials Initials