HomeMy WebLinkAbout11-4910SKLAR - MARKIND
By: Krista Frankina Fiore
I.D. No. 82382
102 Browning Lane
Building B, Suite 1
Cherry Hill, NJ 08003
File No.: UM 110042
FIUED - ?rI'E C
u3 T4t f o!t 4io' 0i'
i?61TN13 Al's1
CU,'tBER? AND COUNTY
PENNSYLVA, N1A
IN THE COURT OF COMMON PLEAS OF CUMBERLAND COUNTY, PENNSYLVANIA
CIVIL ACTION - LAW
UNI-MARTS LIQUIDATION TRUST
Plaintiff
VS.
:No.
''-Id Clv? 1
TERM
CIVIL ACTION
SAIMA INTERNATIONAL, INC
Defendant
NOTICE
You have been sued in court. If you wish to defend against the claims set forth in the
following pages, you must take action within twenty (20) days after this complaint and notice are
served, by entering a written appearance personally or by attorney and filing in writing with the
court your defenses or objections to the claims set forth against you. You are warned that if you
fail to do so the case may proceed without you and a judgment may be entered against you by the
Court without further notice for any money claimed in the Complaint or for any other claim or
relief requested by the Plaintiff. You may lose money or property or other rights important to
you.
YOU SHOULD TAKE THIS PAPER TO YOUR LAWYER AT ONCE. IF YOU DO NOT
HAVE A LAWYER OR CANNOT AFFORD ONE, GO TO OR TELEPHONE THE OFFICE
SET FORTH BELOW TO FIND OUT WHERE YOU CAN GET LEGAL HELP.
Cumberland County Bar Association
32 South Bedford Street
Carlisle, PA 17013
Telephone: 717-249-3166
pd, "'wo A??
O/Z-
AVISO
Le han demandado a usted en la corte. Si usted quiere defenderse de estas demandas expuestas
en las paginas siguientas, usted tiene veinte (2) dias de plazo al partir de la fecha de la demanda y
la notificaion. Hace falta asentar una comparencia escrita o en persona o con un abogado y
entregar a la corte en forma escrita sus defensas o sus objeciones a las demandas en contra de su
persona. Sea avisado que si usted no se defiende, la corte tomara medidas y puede continuar la
demanda en contra sya sin previo aviso o notificaion. Ademas, la corte puede decidir a favor del
demandante y requiere que usted cumpla con todas las provisions de esta demanda. Usted puede
perder dinero o sus propiedades u otros derechos importantes para usted.
LLEVE ESTA DEMANDA A UN ABOGADO INMEDIATAMENTE SI NO TIENE
ABOGADO O SI NO TIENE EL DINERO SUFICIENTE DE PAGAR TAL A LA OFICINA
CUY A DIRECION SE ENCUENTRA ESCRITA ABAJO PARA AVERGUAR DONDE SE
PUEDE CONSEGUIR ASISTENCIA LEGAL.
Cumberland County Bar Association
32 South Bedford Street
Carlisle, PA 17013
Telephone: 717-249-3166
Andrew Sklar (Pa. Bar 65332)
Krista Frankina Fiore (Pa. Bar 82382)
102 Browning Lane, Building B
Suite 1
Cherry Hill, New Jersey 08003
Telephone: (856) 616-8710
Telecopier: (856) 616-8716
Attorney for Uni-Marts Liquidation Trust
IN THE COURT OF COMMON PLEAS OF CUMBERLAND COUNTY,
PENNSYLVANIA
Uni-Marts Liquidation Trust,
Plaintiff,
vs.
Saima International, Inc.
Defendants.
Docket No.
COMPLAINT
Plaintiff Uni-Marts Liquidation Trust ("Trust"), by its undersigned counsel, sets forth the
following as its Complaint against Saima International, Inc.
1. PARTIES
1. Uni-Marts, LLC ("Uni-Marts") was a limited liability company formed in
Pennsylvania with its headquarters in State College, Pennsylvania. Uni-Marts owned, leased,
and operated convenience stores in Pennsylvania, New York, and Ohio. As discussed further
below, the Trust was formed on May 27, 2010 pursuant to terms of the Second Amended Joint
Plan of Liquidation for Uni-Marts, LLC And Its Affiliated Debtors [Docket No. 1207] (the
"Plan"). The Uni-Marts Liquidation Trust is located c/o KDW Restructuring and Liquidation
Services, LLC, as Trustee, 101 Park Avenue, New York, New York, 10178.
1
2. Defendant, Saima International, Inc. ("Saima") is a corporation formed in
Pennsylvania with its registered address of 1958 Spring Road, Carlisle, Pennsylvania 17013.
II. BACKGROUND
3. On May 29, 2008 (the "Petition Date"), each of the Debtors filed with the Court
their respective voluntary petitions for relief under the Bankruptcy Code commencing the above-
captioned Chapter 11 cases. On May 30, 2008, the Court entered an order authorizing the joint
administration of these Chapter 11 cases [Docket No. 26].
4. On June 9, 2008, the United States Trustee for the District of Delaware appointed
the Official Committee of Unsecured Creditors. No trustee or examiner has been appointed.
5. The Court confirmed the Plan by order dated December 30, 2009 (the
"Confirmation Order") [Docket No. 1425].
6. Section 2.1(mm) of the Plan defines the effective date of the Plan (the "Effective
Date") as follows: "[i]f no stay of the Confirmation Order is in effect, the first Business Day after
(i) the date all of the conditions precedent required under Section I I29(a) of the Bankruptcy
Code to consummate this Plan have been satisfied and (ii) the Debtors have filed a notice with
the Bankruptcy Court identifying the Effective Date."
7. Pursuant to Section 6.10(a) and the execution of the Liquidation Trust Agreement
(as defined in the Plan), the Trust was formed on May 27, 2010.
8. In accordance with Section 2.1(mm) of the Plan, the Effective Date of the Plan
occurred on May 28, 2010 (Docket No. 1603).
9. In accordance with Section 6.13 of the Plan, "[t]he Liquidation Trustee [to the
Trust] shall be vested with, retain, and may exclusively enforce and prosecute any claims or
Causes of Action that the Debtors or the Estates may have against any Person or entity...."
2
III. JURISDICTION AND VENUE
10. This Court has jurisdiction over this adversary proceeding.
11. Venue is proper in this Court.
IV. FACTUAL ALLEGATIONS
12. As of the Petition Date, Uni-Marts directly or indirectly operated 283 convenience
stores in three states. Approximately 104 of these locations were operated by owner operators,
known as dealers, who had purchased the right to operate the convenience stores from Uni-
Marts.
13. Saima International was one of Uni-Marts' dealers, and on August 3, 2005,
entered into a Sublease (the "Sublease") with Uni-Marts for certain real property and
improvements thereon for Store No. 94249 located at 6896 Carlisle Pike, New Kingston,
Pennsylvania 17055 through and until September 29, 2017. A true and correct copy of the
Sublease is attached hereto as Exhibit A.
14. On August 3, 2005, Saima entered into that certain Fuel Supply Agreement (the
"Fuel Supply Agreement") for Store No. 94249 with Uni-Marts by which Uni-Marts agreed to
sell and Saima agreed to purchase certain quantities of motor fuel products, including a
minimum gallon requirement of 135,000 gallons per year (the "Minimum Gallon Requirement"),
through and until ten (10) years from August 3, 2005. A true and correct copy of the Fuel
Supply Agreement is attached hereto as Exhibit B.
15. On or about August 2, 2005, Saima also entered into that certain Trademark
License Agreement (the "Trademark Agreement") for Store No. 94249 with Uni-Marts whereby
Uni-Marts granted Saima a license to use certain trademarks and related rights in consideration
for $200.00 per month, through the same term as the Sublease, or until September 29, 2017. A
true and correct copy of the Trademark Agreement is attached as Exhibit C.
16. Upon information and belief, on June 12, 2007 Saima unilaterally closed or
abandoned Store No. 94249.
17. Accordingly, as of June 12, 2007, Saima has been in default under Sublease, Fuel
Supply Agreement and Trademark Agreement and owes the Trust (i) $40,149.56 for rent and
other past due sums ("Sublease Defaults"), (ii) $5,850.00 for failure to comply with the
Minimum Gallon Requirement under the Fuel Supply Agreement ("Fuel Supply Agreement
Defaults") and (iii) $3,000.00 for failure to pay sums due under the Trademark Agreement
("Trademark Defaults", and together with Sublease Defaults and Fuel Supply Agreement
Defaults, the "Defaults").'
18. On August 2, 2005, Saima also entered into a lease (the "Lease") with Uni-Marts
for certain real property and improvements thereon for Store No. 94234 located at 1962 Spring
Road, Carlisle, Pennsylvania 17013 through and until August 31, 2025. A true and correct copy
of the Lease is attached hereto as Exhibit D.
19. On August 2, 2005, Saima entered into that certain fuel supply agreement (the
"94234 Fuel Supply Agreement") for Store No. 94234 with Uni-Marts by which Uni-Marts
agreed to sell and Saima agreed to purchase certain quantities of motor fuel products, including a
minimum gallon requirement of 453,600 gallons per year (the "94234 Minimum Gallon
Requirement"), through and until ten (10) years from August 2, 2005. A true and correct copy of
the 94234 Fuel Supply Agreement is attached hereto as Exhibit E.
20. On or about August 2, 2005, Saima also entered into that certain trademark
license agreement (the "94234 Trademark Agreement") for Store No. 94234 with Uni-Marts
i On or about September 30, 2008, this Honorable Court, in the bankruptcy proceedings issued an order
permitting Uni-Marts to abandon certain leases, one of which was the Sublease of this subject lawsuit so that
damages pursuant to the Sublease and Trademark Agreement are calculated to September 30, 2008.
4
whereby Uni-Marts granted Saima a license to use certain trademarks and related rights in
consideration for $200.00 per month, through the same term as the Lease, or until August 31,
2025. A true and correct copy of the 94234 Trademark Agreement is attached as Exhibit F.
21. Upon information and belief, on June 12, 2007 Saima unilaterally closed or
abandoned Store No. 94234.
22. Accordingly, as of June 12, 2007, Saima has been in default under Lease, 94234
Fuel Supply Agreement and 94234 Trademark Agreement and owes the Trust (i) $1,569,139.81
for rent plus other past due sums including, but not limited to the dealer receivables in the
amount of $39,524.27 (See Exhibit G) ("Lease Defaults"), (ii) $74,088.00 for failure to comply
with the Minimum Gallon Requirement under the Fuel Supply Agreement ("94234 Fuel Supply
Agreement Defaults") and (iii) $43,600.00 for failure to pay sums due under the 94234
Trademark Agreement ("94234 Trademark Defaults", and together with Lease Defaults and
94234 Fuel Supply Agreement Defaults, the "94234 Defaults").
23. Saima was one of Uni-Marts' dealers, and on August 2, 2005, entered into a lease
(the "94232 Lease") with Uni-Marts for certain real property and improvements thereon for
Store No. 94232 located at 50 Main Street, Route 641, Plainfield, Pennsylvania 17081 through
and until August 2, 2005. A true and correct copy of the 94232 Lease is attached hereto as
Exhibit H.
24. On August 2, 2005, Saima entered into that certain fuel supply agreement (the
"94232 Fuel Supply Agreement") for Store No. 94232 with Uni-Marts by which Uni-Marts
agreed to sell and Saima agreed to purchase certain quantities of motor fuel products, including a
minimum gallon requirement of 612,000 gallons per year (the "94232 Minimum Gallon
Requirement"), through and until ten (10) years from August 2, 2005. A true and correct copy of
the 94232 Fuel Supply Agreement is attached hereto as Exhibit I.
25. On or about August 2, 2005, Saima also entered into that certain trademark
license agreement (the "94232 Trademark Agreement") for Store No. 94232 with Uni-Marts
whereby Uni-Marts granted Saima a license to use certain trademarks and related rights in
consideration for $200.00 per month, through the same term as the Lease, or until August 31,
2025. A true and correct copy of the 94232 Trademark Agreement is attached as Exhibit J.
26. Upon information and belief, on June 12, 2007 Saima unilaterally closed or
abandoned Store No. 94232. Accordingly, as of May 30, 2007, Saima has been in default under
94232 Lease, 94232 Fuel Supply Agreement and 94232 Trademark Agreement and owes the
Trust (i) $1,293,237.87 for rent plus other past due sums including, but not limited to the dealer
receivables in the amount of $32,394.75 (See Exhibit K) ("94234 Lease Defaults"), (ii)
$99,960.00 for failure to comply with the 94232 Minimum Gallon Requirement under the 94232
Fuel Supply Agreement ("94232 Fuel Supply Agreement Defaults") and (iii) $43,600.00 for
failure to pay sums due under the 94232 Trademark Agreement ("94232 Trademark Defaults",
and together with 94232 Lease Defaults and 94232 Fuel Supply Agreement Defaults, the "94232
Defaults").
COUNTI
Breach of Contract - Defendant Saima - Store No. 94249
27. The Trust incorporates by reference each of the allegations set forth above in
paragraphs 1 through and including 26 of this Complaint.
28. The Sublease was a valid, enforceable contractual obligation of Defendant Saima
to Uni-Marts.
29. Uni-Marts performed all of its obligations under the Sublease.
6
30. Saima's Sublease Defaults constituted a material breach of the Sublease.
31. Uni-Marts suffered damages as a result of the Sublease Defaults, and as such
Saima is liable to the Trust in an amount totaling at least $40,149.56.
COUNT II
Breach of Contract - Defendant Saima- Store No. 94249
32. The Trust incorporates by reference each of the allegations set forth above in
paragraphs 1 through and including 31 of this Complaint.
33. The Fuel Supply Agreement was a valid, enforceable contractual obligation of
Defendant Saima to Uni-Marts.
34. Uni-Marts performed all of its obligations under the Fuel Supply Agreement.
35. Saima's Fuel Supply Agreement Defaults constituted a material breach of the
Fuel Supply Agreement.
36. Uni-Marts suffered damages as a result of the Fuel Supply Agreement Defaults,
and as such Saima is liable to the Trust in an amount totaling at least $5,850.00.
COUNT III
Breach of Contract - Defendant Saima - Store No. 94249
37. The Trust incorporates by reference each of the allegations set forth above in
paragraphs 1 through and including 38 of this Complaint.
38. The Trademark Agreement was a valid, enforceable contractual obligation of
Defendant Saima to Uni-Marts.
39. Uni-Marts performed all of its obligations under the Trademark Agreement.
40. Saima's Trademark Defaults constituted a material breach of the Trademark
Agreement.
7
41. Uni-Marts suffered damages as a result of the Trademark Defaults, and as such
Saima is liable to the Trust in an amount totaling at least $3,000.00.
COUNT IV
Breach of Contract - Defendant Saima - Store No. 94234
42. The Trust incorporates by reference each of the allegations set forth above in
paragraphs 1 through and including 41 of this Complaint.
43. The Lease was a valid, enforceable contractual obligation of Defendant Saima to
Uni-Marts.
44. Uni-Marts performed all of its obligations under the Lease.
45. Saima's Lease Defaults constituted a material breach of the Lease.
46. Uni-Marts suffered damages as a result of the Lease Defaults, and as such Saima
is liable to the Trust in an amount totaling at least $1,608,664.08.
COUNT V
Breach of Contract - Defendant Saima - Store No. 94234
47. The Trust incorporates by reference each of the allegations set forth above in
paragraphs 1 through and including 46 of this Complaint.
48. The 94234 Fuel Supply Agreement was a valid, enforceable contractual
obligation of Defendant Saima to Uni-Marts.
49. Uni-Marts performed all of its obligations under the 94234 Fuel Supply
Agreement.
50. Saima's 94234 Fuel Supply Agreement Defaults constituted a material breach of
the 94234 Fuel Supply Agreement.
8
51. Uni-Marts suffered damages as a result of the 94234 Fuel Supply Agreement
Defaults, and as such Saima is liable to the Trust in an amount totaling at least $74,088.00.
COUNT VI
Breach of Contract - Defendant Saima - Store No. 94234
52. The Trust incorporates by reference each of the allegations set forth above in
paragraphs 1 through and including 51 of this Complaint.
53. The 94234 Trademark Agreement was a valid, enforceable contractual obligation
of Defendant Saima to Uni-Marts.
54. Uni-Marts performed all of its obligations under the 94234 Trademark
Agreement.
55. Saima's 94234 Trademark Defaults constituted a material breach of the 94234
Trademark Agreement.
56. Uni-Marts suffered damages as a result of the 94234 Trademark Defaults, and as
such Saima is liable to the Trust in an amount totaling at least $43,600.00.
COUNT VII
Breach of Contract - Defendant Saima - Store No. 94232
57. The Trust incorporates by reference each of the allegations set forth above in
paragraphs 1 through and including 56 of this Complaint.
58. The 94232 Lease was a valid, enforceable contractual obligation of Defendant
Saima to Uni-Marts.
59. Uni-Marts performed all of its obligations under the 94232 Lease.
60. Saima's 94232 Lease Defaults constituted a material breach of the 94232 Lease.
61. Uni-Marts suffered damages as a result of the 94232 Lease Defaults, and as such
Saima is liable to the Trust in an amount totaling at least $1,325,632.62.
9
COUNT VIII
Breach of Contract - Defendant Saima - Store No. 94232
62. The Trust incorporates by reference each of the allegations set forth above in
paragraphs 1 through and including 61 of this Complaint.
63. The 94232 Fuel Supply Agreement was a valid, enforceable contractual
obligation of Defendant Saima to Uni-Marts.
64. Uni-Marts performed all of its obligations under the 94232 Fuel Supply
Agreement.
65. Saima's 94232 Fuel Supply Agreement Defaults constituted a material breach of
the 94232 Fuel Supply Agreement.
66. Uni-Marts suffered damages as a result of the 94232 Fuel Supply Agreement
Defaults, and as such Saima is liable to the Trust in an amount totaling at least $99,960.00.
COUNT IX
Breach of Contract - Defendant Saima - Store No. 94232
67. The Trust incorporates by reference each of the allegations set forth above in
paragraphs 1 through and including 66 of this Complaint.
68. The 94232 Trademark Agreement was a valid, enforceable contractual obligation
of Defendant Saima to Uni-Marts.
69. Uni-Marts performed all of its obligations under the 94232 Trademark
Agreement.
70. Saima's 94232 Trademark Defaults constituted a material breach of the 94232
Trademark Agreement.
71. Uni-Marts suffered damages as a result of the 94232 Trademark Defaults, and as
such Saima is liable to the Trust in an amount totaling at least $43,600.000.
10
COUNT X
Attorneys' Fees and Costs
72. The Trust incorporates by reference each of the allegations set forth above in
paragraphs 1 through and including 71 of this Complaint.
73. Pursuant to the Sublease, Lease, 94232 Lease, Fuel Supply Agreement, 94234
Fuel Supply Agreement, 94232 Fuel Supply Agreement, Trademark Agreement, 94234
Trademark Agreement, and 94232 Trademark Agreement, the Trust may recover reasonable
attorneys' fees and expenses incurred by the Trust as a result of the Defaults, 94234 Defaults,
and 94232 Defaults.
74. Accordingly, the Trust is entitled to recover its reasonable attorneys' fees and
costs from Saima in an amount to be determined at trial.
V. PRAYER FOR RELIEF
WHEREFORE, the Trust prays for the following relief:
a. On Count I, entry of judgment in favor of the Trust and against Saima in the
amount of at least $40,149.56 or such other sum as is determined at trial;
b. On Count II, entry of judgment in favor of the Trust and against Saima in the
amount of at least $5,850.00 or such other sum as is determined at trial;
C. On Count III, entry of judgment in favor of the Trust and against Saima in the
amount of at least $3,000.00 or such other sum as is determined at trial;
d. On Count IV, entry of judgment in favor of the Trust and against Saima in the
amount of at least $1,608,664.08 or such other sum as is determined at trial;
e. On Count V, entry of judgment in favor of the Trust and against Saima in the
amount of at least $74,088.00 or such other sum as is determined at trial;
11
f. On Count VI, entry of judgment in favor of the Trust and against Saima in the
amount of at least $43,600.00 or such other sum as is determined at trial;
g. On Count VII, entry of judgment in favor of the Trust and against Saima in the
amount of at least $1,325,632.62 or such other sum as is determined at trial;
h. On Count VIII, entry of judgment in favor of the Trust and against Saima in the
amount of at least $99,960.00 or such other sum as is determined at trial;
i. On Count IX, entry of judgment in favor of the Trust and against Saima in the
amount of at least $43,600.00 or such other sum as is determined at trial;
On Count X, entry of judgment in favor of the Trust and against Saima for
attorneys' fees and expenses incurred in an amount to be determined at trial; and
k. On all Counts, that the Court award the Trust pre- and post judgment interest and
provide the Trust with such other and further relief as is appropriate.
Dated: June 10, 2011
I VW V/ -
SKLAR -MARKIND
Andrew Sklar (Pa. Bar 65332)
Krista Frankina Fiore (Pa. Bar 82382)
102 Browning Lane, Building B
Suite 1
Cherry Hill, New Jersey 08003
Telephone: (856) 616-8710
Telecopier: (856) 616-8716
Counsel to the Uni-Marts Liquidation Trust
G:\Collection Placements\Unimart\Saima Master Complaint\Uni-Marts - Complaint Against Saima 94232-94234-94249.DOC
12
VERIFICATION
I, Krista Frankina Fiore, Esquire, of the law firm of Sklar - Markind, hereby state and
verify that my firm is counsel for Plaintiff in this action; that we have reviewed certain
documents and/or other records provided to us by Plaintiff for the filing of a Complaint in
this action; that a substitute Verification executed by an officer or other employee of
Plaintiff will be filed as soon as same is received; and that the Complaint filed herewith is
true and correct to the best of my knowledge, information and belief. The undersigned
understands that the statement made therein are made subject to the penalties of 18 Pa.
C.S. §4904 relating to unsworn falsifications to authorities.
Date:
Krista Frankina Fiore, Esquire
File No.: UM 110042
Exhibit A
Site No.: 04249
Location: 6896 Carlisle Pike
New Kingston PA 17055
Count : Cumberland
Prime Lessor: CHRISTOPHER SLIKE
Prime Lease: Lease dated 10/1/2003, as amended.
SUBLEASE
THIS SUBLEASE (this "Sublease") is made as of , 2005 (the
"Effective Date"), by and between UNI-MARTS, LLC, a Pennsylv 'a limited liability company
("Sublessor"), whose address is 477 East Beaver Avenue, State College, Pennsylvania 16801-
5690, and SAIMA INTERNATIONAL, INC., a Pennsylvania corporation ("Sublessee"), whose
address is 2203 Glen Allen Avenue, Apt T-2, Silver Spring, MD 20906.
WITNESSETH:
Sublessor currently leases the Premises (as defined below) from Prime Lessor (as defined
below). Sublessor and Sublessee desire to enter into a sublease of the entire Premises in
accordance with and pursuant to the terms of this Sublease.
THAT, in consideration of the mutual covenants and agreements herein contained,
Sublessor and Sublessee hereby covenant and agree as follows:
Certain Defined Terms.
The following terms shall have the following meanings for all purposes of this Sublease:
"Additional Rental" has the meaning set forth in Section 6.2.
"Applicable Regulations" has the meaning set forth in Section 15.1.
"Base Annual Rental" means (i) during the first Sublease Year, Thirty Thousand, Nine
Hundred and Twelve Dollars ($30,912.00) per annum, and (ii) commencing with the second
Sublease Year, and each and for every Sublease Year thereafter (including the Sublessor Extension
Period if applicable), an amount equal to the lesser of (a) the Base Annual Rental for the
immediately preceding Sublease Year multiplied by one hundred two percent (102%) or (b) the
Base Annual Rental for the immediately preceding Sublease Year multiplied by the CPI
Adjustment, but in no event shall Base Annual Rental decline as a result of this calculation.
Fa 3
826288.11 7/21.05
"Base Monthly Rental" means an amount equal to 1/12 of the applicable Base Annual
Rental.
"Business Day" means a day on which Sublessor is open for business other than
Saturday, Sunday or a legal holiday, ending at 5:00 p.m. Philadelphia, Pennsylvania time.
"CPI Adjustment" means a fraction, the numerator of which is CPI-U for the calendar
month two months prior to the calendar month in which the Effective Date occurs and the
denominator of which is the CPI-U for the calendar month which is 14 months prior to the
calendar month in which the Effective Date occurs. (For example, if the Effective Date is June 5,
2004, the first CPI Adjustment calculation would consist of the CPI-U for the month of April
2005 divided by the CPI-U for the month of April 2004.)
"CPI-U" means the "Consumer Price Index--Not Seasonally Adjusted Northeast Urban
Area For All Items For All Urban Consumers (1982-1984=100)," published monthly by the
Bureau of Labor Statistics of the United States Department of Labor. If the foregoing index is
discontinued, a reasonably comparable index published by the Bureau of Labor Statistics of the
United States Department of Labor selected by Sublessor shall be used. If the Bureau of Labor
Statistics shall no longer maintain statistics on the purchasing power of the consumer dollar,
comparable statistics published by a responsible financial periodical or recognized authority
reasonably selected by the Sublessor shall be used. If the base year "(1982-1984=100)11 or other
base year used in computing the CPI-U is changed, the figures used in calculating the CPI
Adjustment shall be changed accordingly, so that all increases in the CPI-U are taken into account
notwithstanding any such change in the base year.
"De Minimis Amounts" shall mean, with respect to any given level of Hazardous
Materials or Regulated Substances, that level or quantity of Hazardous Materials or Regulated
Substances in any form or combination of forms the use, storage or release of which does not
constitute a violation of any Environmental Laws and is customarily employed in the ordinary
course of, or associated with, similar businesses located in the state in which the Premises is
located.
"Default Rate" means 18% per annum or the highest rate permitted by law, whichever is
less.
"Effective Date" shall have the meaning described in Section 2.2.
"Environmental Indemnity Agreement" means that certain Environmental Indemnity and
Service Agreement dated the date hereof by and between Sublessor and Sublessee executed in
connection with this Sublease.
"Environmental Laws" means any present and future federal, state and local laws,
statutes, ordinances, rules, regulations and the like, as well as common law, relating to Hazardous
826288.1 17R 1105
Materials, Regulated Substances or USTs and/or the protection of human health or the
environment, by reason of a Release or Threatened Release of Hazardous Materials, Regulated
Substances or USTs or relating to liability for or costs of Remediation or prevention of Releases.
"Environmental Laws" includes, but is not limited to, the following statutes, as amended, any
successor thereto, and any regulations rulings, orders or decrees promulgated pursuant thereto,
and any state or local statutes, ordinances, rules, regulations and the like addressing similar issues:
the Comprehensive Environmental Response, Compensation and Liability Act; the Emergency
Planning and Community Right-to-Know Act; the Hazardous Materials Transportation Act; the
Resource Conservation and Recovery Act (including but not limited to Subtitle I relating to
USTs); the Solid Waste Disposal Act; the Clean Water Act; the Clean Air Act; the Toxic
Substances Control Act; the Safe Drinking Water Act; the Occupational Safety and Health Act;
the Federal Water Pollution Control Act; the Federal Insecticide, Fungicide and Rodenticide Act;
the Endangered Species Act; the National Environmental Policy Act; and the River and Harbors
Appropriation Act. "Environmental Laws" also includes, but is not limited to, any present and
future federal, state and local laws, statutes, ordinances, rules, regulations and the like, as well as
common law: conditioning transfer of property upon a negative declaration or other approval of a
Governmental Authority of the environmental condition of the property; requiring notification or
disclosure of Releases or other environmental condition of the Premises to any Governmental
Authority or other person or entity, whether or not in connection with transfer of title to or
interest in property; imposing conditions or requirements relating to Hazardous Materials,
Regulated Substances or USTs in connection with permits or other authorization for lawful
activity; relating to nuisance, trespass or other causes of action related to Hazardous Materials,
Regulated Substances or USTs; relating to the handling and disposal of solid or hazardous waste;
and relating to wrongful death, personal injury, or property or other damage in connection with
the physical condition or use of the Premises by reason of the presence of Hazardous Materials,
Regulated Substances or USTs in, on, under or above the Premises.
"Environmental Liens" has the meaning set forth in Section 15.4.
"Event of Default" has the meaning set forth in Section 17.
"Governmental Authority" means any governmental authority, agency, department,
commission, bureau, board, instrumentality, court or quasi-governmental authority of the United
States, the State or any political subdivision thereof.
"Ground Lease" means all ground leases or underlying leases affecting the Premises that
may be executed by Sublessor, including any such ground lease which may be executed in
connection with a sale/leaseback transaction entered into by Sublessor with respect to the
Premises.
"Ground Lessor" means a lessor under a Ground Lease.
826288.11 7,71105
"Hazardous Materials" means (i) any toxic substance or hazardous waste, substance,
solid waste, or related material, or any pollutant or contaminant; (ii) radon gas, asbestos in any
form which is or could become friable, urea formaldehyde foam insulation, transformers or other
equipment which contains dielectric fluid containing levels of polychlorinated biphenyls in excess
of federal, state or local safety guidelines, whichever are more stringent, or any petroleum
product; (iii) any substance, gas, material or chemical which is or may be defined as or included in
the definition of "hazardous substances," "toxic substances," "hazardous materials," "hazardous
wastes," "regulated substances" or words of similar import under any Environmental Laws; and
(iv) any other chemical, material, gas or substance the exposure to or release of which is or may
be prohibited, limited or regulated by any Governmental Authority that asserts or may assert
jurisdiction over the Premises or the operations or activity at the Premises, or any chemical,
material, gas or substance that does or may pose a hazard to the health and/or safety of the
occupants of the Premises or the owners and/or occupants of property adjacent to or surrounding
the Premises.
"Indemnified Parties" means Sublessor, Prime Lessor, Mortgagee and their directors,
officers, shareholders, partners, members, employees, agents, servants, representatives,
contractors, subcontractors, affiliates, subsidiaries, participants, successors and assigns,
including, but not limited to, any successors by merger, consolidation or acquisition of all or a
substantial portion of the assets and business of Sublessor, Prime Lessor or Mortgagee, as
applicable.
"Losses" means any and all claims, suits, liabilities (including, without limitation, strict
liabilities), actions, proceedings, obligations, debts, damages, losses, costs, expenses, diminutions
in value, fines, penalties, charges, fees, expenses, judgments, awards, amounts paid in settlement
and damages of whatever kind or nature (including, without limitation, reasonable attorneys' fees,
court costs and other costs of defense).
"Mortgage" means any mortgage, leasehold mortgage, deed of trust or leasehold deed of
trust and/or assignment of rents and leases, and/or security agreement and fixture filing executed
by Sublessor for the benefit of a Mortgagee with respect to the Premises, as such instruments
may be amended, restated and/or supplemented from time to time.
"Mortgagee" means any lender which, at any time, holds a Mortgage. The term
Mortgagee shall also be deemed to include Ground Lessors except where the treatment of Ground
Lessors is specifically distinguished from Mortgagees under the provisions of this Sublease.
"Person" means any individual, corporation, partnership, limited liability company, trust,
unincorporated organization, Governmental Authority or any other form of entity.
"Premises" means that certain property situated in the Location identified on page 1 of
this Sublease and legally described in Exhibit A attached hereto, all rights, privileges and
appurtenances associated therewith, and all buildings, fixtures and other improvements
926299.11712 INS 4
(including, without limitation, gas pumps, canopies and USTs) now or hereafter located on such
real estate (whether or not affixed to such real estate).
"Prime Lease" means that certain Lease identified on page 1 of this Sublease by and
between Prime Lessor and Sublessor pertaining to the Premises, a copy of which is attached to
this Sublease as Exhibit A.
"Prime Lessor" means the lessor under the Prime Lease, being identified on page 1 of this
Sublease, its successors and assigns.
"Property" means the property owned by Prime Lessor upon which is situated the
Premises.
"Regulated Substances" means "petroleum" and "petroleum-based substances" or any
similar terms described or defined in any of the Environmental Laws and any applicable federal,
state, county or local laws applicable to or regulating USTs.
"Release" means any presence, release, deposit, discharge, emission, leaking, spilling,
seeping, migrating, injecting, pumping, pouring, emptying, escaping, dumping, disposing or other
movement of Hazardous Materials, Regulated Substances or USTs.
"Remediation" means any response, remedial, removal, or corrective action, any activity
to cleanup, detoxify, decontaminate, contain or otherwise remediate any Hazardous Material,
Regulated Substances or USTs, any actions to prevent, cure or mitigate any Release, any action
to comply with any Environmental Laws or with any permits issued pursuant thereto, any
inspection, investigation, study, monitoring, assessment, audit, sampling and testing, laboratory
or other analysis, or any evaluation relating to any Hazardous Materials, Regulated Substances or
USTs.
"Security Deposit" shall have the meaning described in Section 20.1.
"State" means the state in which the Premises are located.
"Sublease Term" shall have the meaning described in Section 2.2.
"Sublease Year" shall have the meaning described in Section 2.3.
"Sublessor's Broker" means N/A
"Third Party Leases" means the subleases for certain portions of the Premises set forth
on Exhibit B, attached hereto, and any replacement or renewal leases for the space leased
pursuant to the leases listed on Exhibit B.
826288.11 7/21103
"Threatened Release" means a substantial likelihood of a Release which requires action to
prevent or mitigate damage to the soil, surface waters, groundwaters, land, stream sediments,
surface or subsurface strata, ambient air or any other environmental medium comprising or
surrounding the Premises which may result from such Release.
"Uni-Mart Facility" means a retail business consisting of one or more of the following:
convenience store, gasoline station, tobacco store, food service, together with such other ancillary
uses permitted by the Third Party Leases that are not inconsistent with the operations of such
retail businesses.
"USTs" means any one or combination of tanks and associated underground piping
systems used in connection with the storage, dispensing and general use of Regulated Substances
at the Premises.
2. Demise; Term; Sublease Year; Renewals
2.1. Demise. Sublessor hereby subleases the Premises to Sublessee, and
Sublessee hereby subleases the Premises from Sublessor, together with all fixtures installed in the
Premises by or for the benefit of Sublessor, and also together with all appurtenances and rights
ancillary to the Premises.
2.2. Term. The term of this Sublease (the "Sublease Term") shall begin on the
later of (a) the date hereof, or (b) the date that Sublessor receives the Prime Lessor's Consent (as
defined in Section 30.1 of this Sublease), if such consent is required under the Prime Lease (the
"Effective Date"). The Sublease Term shall expire on September 29, 2017, unless sooner
terminated by Sublessor as provided in this Sublease.
2.3. Sublease Year. The first "Sublease Year" of the Term shall commence on
the Effective Date and shall end (a) on the day immediately preceding the first anniversary of the
Effective Date, if the Effective Date is the first day of the month, or (b) on the last day of the
calendar month in which the first anniversary of the Effective Date occurs, if the Effective Date is
any day other than the first day of a calendar month. Each subsequent Sublease Year shall be a
period of twelve months (or such shorter period as remains in the Term), commencing on the day
immediately following the expiration of the prior Sublease Year.
3. Assignment of Third Party Leases.
Sublessor hereby assigns, transfers and sets over to Sublessee for the Term all right, title
and interest of Sublessor in and to the Third Party Leases, and Sublessee assumes and agrees to
perform all obligations of Sublessor under such Third Party Leases arising and accruing after the
Effective Date and for the balance of the Term.
$26292.11 7/21/05 6
4. Prime Lease.
4.1. Terms of Sublease Identical With Prime Lease. It is intended that the
terms and conditions of this Sublease shall be identical to the terms and conditions of the Prime
Lease, except to the extent inconsistent with the express terms of this Sublease and except as set
forth in Section 4.2 of this Sublease. Therefore, Sublessor and Sublessee agree that:
4.1.1. each and every term, condition, covenant and agreement of the
Prime Lease is a term, condition, covenant and agreement of this Sublease, and is incorporated in
this Sublease by reference, except to the extent inconsistent with the express terms of this
Sublease and except as set forth in Section 4.2 of this Sublease;
4.1.2. Sublessee shall perform all obligations and comply with all
terms, conditions, covenants and agreements of Sublessor as tenant under the Prime Lease for the
Sublease Term, except to the extent inconsistent with the express terms of this Sublease and
except as set forth in Section 4.2 of this Sublease; and
4.1.3. the term "Landlord" or "Lessor" (as the case may be) as set
forth in the Prime Lease shall mean Sublessor in this Sublease and the term "Tenant" or "Lessee"
(as the case may be) as set forth in the Prime Lease shall mean Sublessee in this Sublease.
4.2. Terms Not Incorporated. Notwithstanding the provisions of Section 4.1
of this Sublease, the following provisions of the Prime Lease are not incorporated in or made part
of this Sublease:
4.2.1. any responsibilities of tenant under the Prime Lease which are
the responsibility of Sublessor under the terms of the Environmental Indemnity Agreement;
4.2.2. any purchase options, rights of first offer or rights of first
refusal granted tenant under the Prime Lease with respect to all or part of the Premises or any
other property of Prime Lessor, if any;
4.2.3. any rights granted tenant under the Prime Lease to lease other
properties of Prime Lessor, if any;
4.2.4. any renewal rights which would serve to extend the term of this
Sublease beyond the Sublease Term, if any;
4.2.5. any provisions which entitle the tenant under the Prime Lease
to share in any income or revenue of the Prime Lessor, if any; and
4.2.6. those provisions, if any, listed on Exhibit C.
826288.11 721/05
4.3. Sublease Controls. If there is a conflict between the stated terms and
conditions in this Sublease and those set forth in the Prime Lease, the terms and conditions set
forth in this Sublease shall control.
4.4. Performance To Be Tendered To Prime Lessor. Except as otherwise
provided in this Sublease, Sublessee shall tender performance of its obligations directly to Prime
Lessor so that all of Sublessor's obligations under the Prime Lease accruing during the Sublease
Term shall be fully satisfied and discharged by Sublessee's performance.
4.5. Covenant Against Actions Causing Default Under Prime Lease. Sublessee
shall not do or cause to be done or suffer or permit to be done any act or thing which would
constitute a default under the Prime Lease or which would cause the Prime Lease or any of
Sublessor's rights under the Prime Lease to be cancelled, terminated, forfeited or prejudiced or
which would render Sublessor liable for any damages, fines, claims, penalties, costs or expenses
under the Prime Lease.
5. Performance.
5.1. Sublessor Not Liable For Prime Lessor's Obliag tions.
5.1.1. Although the terms, conditions, covenants and agreements of
the Prime Lease are incorporated as terms and agreement of this Sublease, Sublessor shall not be
liable to Sublessee for performance or non-performance of obligations of Sublessor under this
Sublease which are also the obligations of Prime Lessor under the Prime Lease (the "Prime
Lessor's Obligations"). It is intended that Sublessee shall look solely to and hold solely
responsible Prime Lessor for the performance of the Prime Lessor's Obligations under the Prime
Lease.
5.1.2. Without limiting the generality of Section 5. 1.1 of this Sublease,
Sublessor shall have no obligation or responsibility for any of the following:
(A) maintenance or repair of the Premises, or the common areas or mechanical systems of the
Property; (B) providing heating, ventilating, air conditioning or any utility service; (C) providing
building services, such as janitorial or security services. Sublessor shall have no liability by
reason of any failure by Prime Lessor to provide any of the foregoing services or to otherwise
perform any of the Prime Lessor's Obligations.
5.2. Failure By Prime Lessor to Perform the Prime Lessor's Obligations. If
Prime Lessor shall fail at any time to perform the Prime Lessor's Obligations, Sublessee shall give
notice thereof to Sublessor. In such event, Sublessor shall use commercially reasonable efforts to
cause Prime Lessor to perform the Prime Lessor's Obligations, but Sublessor shall not be
obligated to incur any cost or expense in so doing.
826288.11 721/05 8
6. Rent.
6.1. Base Rent. If the Effective Date is a date other than the first day of the
month, Sublessee shall pay Sublessor on the Effective Date the Base Monthly Rental prorated on
the basis of the ratio that the number of days from the Effective Date through the last day of the
month containing the Effective Date bears to the number of days in such month. Therefore, on or
before the first day of each calendar month during the Sublease Term, Sublessee shall pay
Sublessor in advance the Base Monthly Rental.
6.2. Additional Rent. All sums of money required to be paid by Sublessee
under this Sublease or the Prime Lease which are not specifically referred to as rent ("Additional
Rental") shall be considered rent although not specifically designated as such. Sublessor shall
have the same remedies for nonpayment of Additional Rental as those provided herein for the
nonpayment of Base Annual Rental.
6.3. Rentals To Be Net to Sublessor. The Base Annual Rental payable
hereunder shall be net to Sublessor, so that this Sublease shall yield to Sublessor the rentals
specified during the Sublease Term and that all costs, expenses and obligations of every kind and
nature whatsoever relating to the Premises shall be performed and paid by Sublessee.
6.4. Rent In General. All rental and other sums which Sublessee is required to
pay hereunder shall be the unconditional obligation of Sublessee and shall be payable in full when
due without any setoff, abatement, deferment, deduction or counterclaim whatsoever. Upon
execution of this Sublease, Sublessee shall establish arrangements whereby payments of the Base
Monthly Rental, any Additional Rental and impound payments payable to Sublessor, if any, are
transferred by wire or other means directly from Sublessee's bank account to such account as
Sublessor may designate. Any delinquent payment (that is, any payment not made within five
calendar days after the date when due) shall, in addition to any other remedy of Sublessor, incur a
late charge of 10% (which late charge is intended to compensate Sublessor for the cost of handling
and processing such delinquent payment and should not be considered interest) and bear interest
at the Default Rate, such interest to be computed from and including the date such payment was
due through and including the date of the payment; provided, however, in no event shall
Sublessee be obligated to pay a sum of late charge and interest higher than the maximum legal rate
then in effect.
7. Use.
7.1. Permitted Use. Sublessee shall use and occupy the Premises for the
operation of a Uni-Mart Facility and for no other purpose; provided, however, that if any use
included in the definition of Uni-Mart Facility is prohibited under the Prime Lease, then such use
shall also be prohibited under this Sublease.
82628811 721/05
7.2. Temporary Closure. Except as set forth below, and except during periods
when the Premises is untenantable by reason of fire or other casualty or condemnation (provided,
however, during all such periods while the Premises is untenantable, Sublessee shall strictly
comply with the terms and conditions of this Sublease), Sublessee shall at all times during the
Sublease Term occupy the Premises and shall diligently operate its business on the Premises.
Provided the same is not a violation of the Prime Lease, Sublessee may cease diligent operation of
business at the Premises for a period not to exceed 150 days and may do so only once within any
five-year period during the Sublease Term. If Sublessee does discontinue operation at the
Premises as permitted by this Section, Sublessee shall (i) give written notice to Sublessor sixty
(60) days prior to ceasing operation (ii) give written notice to Sublessor within 10 days after
Sublessee actually ceases operation, (iii) provide adequate protection and maintenance of the
Premises during any period of vacancy and (iv) pay all costs necessary to restore the Premises to
its condition on the day operation of the business ceased at such time as the Premises are
reopened for Sublessee's business operations or other substituted use approved by Sublessor as
contemplated below. Notwithstanding anything herein to the contrary, Sublessee shall pay the
Base Monthly Rental on the first day of each month during any period in which Sublessee
discontinues operation.
8. Premises Accepted "AS-IS"; Maintenance
Sublessee has inspected, or had the opportunity to inspect, the Premises and
hereby accepts the Premises "AS IS" and "WHERE IS" with no representation or warranty of
Sublessor as to the condition thereof. The Premises shall be kept in good, clean, sanitary and
working condition; and, except for work which is the responsibility of Prime Lessor, Sublessee
shall at all times at its own expense, maintain, repair and replace, as necessary, the Premises,
whether or not the Premises were in such condition on the Effective Date.
Assignment and Subletting.
Sublessee acknowledges that Sublessor has relied both on the business experience
and creditworthiness of Sublessee and upon the particular purposes for which Sublessee intends
to use the Premises in entering into this Sublease. Without the prior written consent of Sublessor,
(i) Sublessee shall not assign, transfer, convey, pledge or mortgage this Sublease or any interest
therein, whether by operation of law or otherwise; (ii) no interest in Sublessee shall be assigned,
transferred, conveyed, pledged or mortgaged, whether by operation of law or otherwise,
including, without limitation, a dissolution of Sublessee; and (iii) Sublessee shall not sublet all,
any or any part of the Premises. Sublessor agrees that it shall not unreasonably withhold or delay
its consent to such matters, it being understood that Sublessor's consent may be based upon such
matters as Sublessor may in its reasonable discretion determine, including, without limitation, the
experience and creditworthiness of any assignee, the assumption by any assignee of all of
Sublessee's obligations hereunder by undertakings enforceable by Sublessor, the transfer to any
assignee of all necessary licenses to continue operating the Premises for the purposes herein
provided, receipt of such representations and warranties from any assignee as Sublessor may
826293 I1 721M5 10
request, including such matters as its organization, existence, good standing and finances and
other matters, whether or not similar in kind. At the time of any assignment of this Sublease
which is approved by Sublessor, the assignee shall assume all of the obligations of Sublessee
under this Sublease pursuant to Sublessor's standard form of assumption agreement. No such
assignment nor any subletting of the Premises shall relieve Sublessee of its obligations respecting
this Sublease. Any assignment, transfer, conveyance, pledge or mortgage in violation of this
paragraph shall be voidable at the sole option of Sublessor.
10. Waste; Alterations and Improvements.
Sublessee shall not commit actual or constructive waste upon the Premises.
During the Sublease Term, Sublessee shall not alter the exterior, structural, plumbing or electrical
elements of the Premises in any manner without the consent of Sublessor, which consent shall
not be unreasonably withheld or conditioned; provided, however, that Sublessee may undertake
nonstructural alterations to the Premises costing less than $25,000.00 without Sublessor's
consent if the same is permitted under the Prime Lease. If Sublessor's consent is required
hereunder and Sublessor consents to the making of any such alterations, the same shall be made
by Sublessee at Sublessee's sole expense by a licensed contractor and according to plans and
specifications approved by Sublessor and subject to such other conditions as Sublessor shall
require. Any work at any time commenced by Sublessee on the Premises shall be prosecuted
diligently to completion, shall be of good workmanship and materials and shall comply fully with
all the terms of this Sublease. Upon completion of any alterations, Sublessee shall promptly
provide Sublessor with (i) evidence of full payment to all laborers and materialmen contributing
to the alterations, (ii) an architect's certificate certifying the alterations to have been completed in
conformity with the plans and specifications, (iii) a certificate of occupancy (if the alterations are
of such a nature as would require the issuance of a certificate of occupancy), and (iv) any other
documents or information reasonably requested by Sublessor. Sublessee shall execute and file or
record, as appropriate, a "Notice of Non-Responsibility," or any equivalent notice permitted
under applicable law in the State. Any addition to or alteration of the Premises shall be deemed a
part of such Property and belong to Sublessor, and Sublessee shall execute and deliver to
Sublessor such instruments as Sublessor may require to evidence the ownership by Sublessor of
such addition or alteration.
11. Mechanics Liens; Other Encumbrances.
11.1. Obligation to Discharge. In the event any liens of mechanics or
materialmen attributable to Sublessee shall be filed against the Premises or the Property or any
part thereof, Sublessee, at its expense, shall discharge the same by payment or bonding within ten
(10) days after Sublessee has received notice of the filing of such lien.
11.2. Failure to Discharge. If Sublessee shall fail to cause such lien to be bonded
against or to be discharged within such period, then, in addition to any other right or remedy
which Sublessor may have, Sublessor may, but shall not be obligated to, discharge the same either
876288.11 7R 1405 11
by paying the amount claimed to be due or by procuring the discharge of such lien by deposit or
by bonding. Any amount so paid by Sublessor and all costs and expenses incurred by Sublessor
in connection therewith, together with interest at the Overdue Interest Rate from the respective
dates of Sublessor's making of the payment and incurring of the cost and expense, shall constitute
Additional Rent payable by Sublessee under this Sublease and shall be paid by Sublessee to
Sublessor on demand.
11.3. No Consent Implied. Nothing set forth in this Sublease shall be deemed or
construed as (A) a consent or request by Prime Lessor or Sublessor, expressed or implied, by
inference or otherwise, to any contractor, laborer or materialman for the performance of any labor
or the furnishing of any materials for any specific or general improvement, alteration or repair of
or to the Premises or the Property or any part thereof; or (B) giving Sublessee or any other
person, firm or corporation any right to contract for or to perform any labor or furnish any
services or materials that would permit or give rise to a lien against the Premises, the Property or
any part thereof. Neither this Sublease nor any other writing signed by Sublessor or Prime
Lessor shall be construed as evidencing, indicating, or causing an appearance that any erection,
construction, alteration or repair to be done, or caused to be done, by Sublessee is or was for the
immediate use or benefit of Sublessor or Prime Lessor.
12. Additional Covenants of Sublessee. See Exhibit "C".
13. Insurance.
13.1. Sublessee's Insurance. Sublessee, at its sole cost and expense, shall
maintain the following insurance coverages in full force and effect during the Sublease Term:
13.1.1. Insurance against loss, damage or destruction by fire and other
casualty, including theft, vandalism and malicious mischief, flood (if the Premises is in a location
designated by the Federal Emergency Management Administration as a Special Flood Hazard
Area), earthquake (if the Premises is located in an area subject to destructive earthquakes within
recorded history), boiler explosion (if the Premises contains a boiler), plate glass breakage,
sprinkler damage (if the Premises has a sprinkler system), all matters covered by a standard
extended coverage endorsement, all matters covered by a special coverage endorsement commonly
known as an "all risk" endorsement, and such other risks as Sublessor may reasonably require,
insuring the Premises for not less than 100% of its full insurable replacement cost; provided,
however, with respect to theft, vandalism, malicious mischief and plate glass breakage coverage,
Sublessee may elect to self insure such items, provided that Sublessee shall at all times provide
the remaining coverages set forth in this Section 13 with third party insurers complying with the
provisions of this Section 13.
13.1.2. Comprehensive general liability and property damage insurance,
including a products liability clause, covering Sublessor, Mortgagee and Sublessee against bodily
injury liability, property damage liability and automobile bodily injury and property damage
826288.11 721405 12
liability, including without limitation any liability arising out of the ownership, maintenance,
repair, condition or operation of the Premises or adjoining ways, streets or sidewalks and, if
applicable, insurance covering Sublessor, Mortgagee and Sublessee against liability arising from
the sale of liquor, beer or wine on the Premises. Such insurance policy or policies shall contain a
broad form contractual liability endorsement under which the insurer agrees to insure Sublessee's
obligations under Section 19 hereof to the extent insurable, and a "severability of interest" clause
or endorsement which precludes the insurer from denying the claim of Sublessee, Sublessor or
Mortgagee because of the negligence or other acts of the other, shall be in amounts of not less
than $1,000,000.00 per injury and occurrence with respect to any insured liability, whether for
personal injury or property damage, or such higher limits as Sublessor may reasonably require
from time to time, and shall be of form and substance satisfactory to Sublessor.
13.1.3. During the period of any construction, renovation or alteration
of the improvements, a builder's all risk insurance policy in non-reporting form for the full
replacement cost of any improvements under construction, renovation or alteration.
13.1.4. State Worker's compensation insurance in the statutorily
mandated limits, employer's liability insurance with limits not less than $500,000 or such greater
amount as Sublessor may from time to time require and such other insurance as may be necessary
to comply with applicable laws.
13.1.5. Such other insurance with respect to the Premises and in such
amounts as Sublessor may require from time to time against such insurable hazards or risks which
at the time in question are commonly insured against in the case of property similar to, or whose
use is similar to the use of, the Premises.
13.1.6. such other insurance in forms and amounts as may be required
by the Prime Lease or as may be required by Sublessor or Prime Lessor from time to time.
13.2. Policy Requirements.
13.2.1. Each policy of insurance required to be maintained by Sublessee
shall:
13.2.1.1. Be in form reasonably acceptable to Sublessor;
13.2.1.2. Be issued by a company or companies authorized to
engage in the business of issuing such policies in the
State and reasonably acceptable to Sublessor;
13.2.1.3. Provide for a waiver of subrogation by the insurer as to
claims against Sublessor, its employees and agents and
provide that such insurance cannot be unreasonably
226298.117121/05 13
cancelled, invalidated or suspended on account of the
conduct of Sublessee, its officers, directors, employees
or agents;
13.2.1.4. Provide that any "no other insurance" clause in the
insurance policy shall exclude any policies of insurance
maintained by Sublessor and that the insurance policy
shall not be brought into contribution with insurance
maintained by Sublessor;
13.2.1.5. Contain a standard without contribution mortgage
clause endorsement in favor of any lender designated
by Sublessor or Mortgagee;
13.2.1.6. Provide that the policy of insurance shall not be
terminated, cancelled or substantially modified without
at least thirty (30) days' prior written notice to
Sublessor, Mortgagee and to any lender covered by any
standard mortgage clause endorsement;
13.2.1.7. Provide that the insurer shall not have the option to
restore the applicable Premises if Sublessor elects to
terminate this Sublease in accordance with the terms
hereof,
13.2.1.8. Be issued by insurance companies licensed to do
business in the States and which are rated A:VI or
better by Best's Insurance Guide or are otherwise
approved by Sublessor; and
13.2.1.9. Provide that the insurer shall not deny a claim because
of the negligence of Sublessee, anyone acting for
Sublessee or any tenant or other occupant of the
Premises.
It is expressly understood and agreed that the foregoing minimum limits of
insurance coverage shall not limit the liability of Sublessee for its acts or omissions as provided in
this Sublease. All insurance policies (with the exception of worker's compensation insurance to
the extent not available under statutory law) shall designate Sublessor and Mortgagee as
additional insureds as their interests may appear and shall be payable as set forth in Section 21
hereof. All such policies shall be written as primary policies, with deductibles not to exceed 10%
of the amount of coverage. Any other policies, including any policy now or hereafter carried by
826388.11 721)03 14
Sublessor or Mortgagee, shall serve as excess coverage. Sublessee shall procure policies for all
insurance for periods of not less than one year and shall provide to Sublessor and Mortgagee
certificates of insurance or, upon Sublessor's request, duplicate originals of insurance policies
evidencing that insurance satisfying the requirements of this Sublease is in effect at all times. If
requested by Sublessor (but not more often than once in any two year period), Sublessee shall
have the full insurable replacement cost of the improvements determined by an MAI licensed
appraiser satisfactory to Sublessor, and Sublessee shall deliver such determination to Sublessor.
Alternatively, Sublessor may require that inflation guard coverage be provided.
13.3. Delivery of Certificates. Failure to Maintain Insurance.
13.3.1. Upon the execution of this Sublease and within ten (10) days
prior to the expiration of each policy required under Section 13. 1, Sublessee shall deliver to
Sublessor certificates evidencing the foregoing insurance or renewal thereof, as the case may be.
13.3.2. If Sublessee shall fail, refuse or neglect to obtain or to maintain
any insurance that it is required to provide or to furnish Sublessor with satisfactory evidence of
coverage on any such policy, Sublessor shall have the right to purchase such insurance twenty-
four (24) hours after it has provided Sublessee with telephonic notice that it intends to do so
unless within such twenty-four (24) hour period, Sublessee furnishes Sublessor with evidence
that Sublessee has procured such insurance. Sublessee shall reimburse Sublessor for all such
payments made by Sublessor, together with interest thereon at the Overdue Interest Rate from
the date paid by Sublessor, within ten (10) days after Sublessee is billed therefor.
14. Indemnification.
Sublessee shall indemnify, protect, defend and hold harmless each of the
Indemnified Parties from and against any and all Losses (excluding Losses suffered by an
Indemnified Party arising out of such Indemnified Party's gross negligence or willful misconduct)
caused by, incurred or resulting from Sublessee's operations of or relating in any manner to the
Premises, or from any breach of, default under or failure to perform any term or provision of this
agreement by Sublessee, its officers, employees, agents or other persons. It is expressly
understood and agreed that Sublessee's obligations under this Section shall survive the expiration
or earlier termination of this Sublease for any reason.
15. Compliance With Laws, Restrictions, Covenants and Encumbrances.
15.1. Compliance. Sublessee's use and occupation of the Premises, and the
condition thereof, shall, at Sublessee's sole cost and expense, comply fully with (i) all applicable
statutes, regulations, rules, ordinances, codes, licenses, permits, orders and approvals of each
Governmental Authority having jurisdiction over the Premises, including, without limitation, all
health, building, fire, safety and other codes, ordinances and requirements and all applicable
standards of the National Board of Fire Underwriters and all policies or rules of common law, in
826288.11 721/05 15
each case, as amended, and any judicial or administrative interpretation thereof, including any
judicial order, consent, decree or judgment applicable to Sublessee (collectively, the "Applicable
Regulations"), and (ii) all restrictions, covenants and encumbrances of record with respect to the
Premises, except where such noncompliance will not have a Material Adverse Effect.
15.2. Insurance Rates. Sublessee will not permit any act or condition to exist on
or about the Premises which will increase any insurance rate thereon, except when such acts are
required in the normal course of its business and Sublessee shall pay for such increase.
15.3. ADA. Without limiting the generality of the other provisions of this
Section, Sublessee agrees that it shall be responsible for complying in all respects with the
Americans with Disabilities Act of 1990, as such act may be amended from time to time, and all
regulations promulgated thereunder, as it affects the Premises. Sublessee agrees that it will
defend, indemnify and hold harmless the Indemnified Parties from and against any and all Losses
caused by, incurred or resulting from Sublessee's failure to comply with its obligations under this
Section.
15.4. Environmental.
15.4.1. Sublessee covenants to Sublessor during the Sublease Term that:
(i) all uses and operations on or of the Premises, whether by Sublessee or any other person or
entity, shall be in compliance with all Environmental Laws and permits issued pursuant thereto;
(ii) there shall be no Releases in, on, under or from the Premises, except in De Minimis Amounts;
(iii) there shall be no Hazardous Materials in, on, or under the Premises, except in De Minimis
Amounts; (iv) Sublessee shall keep the Premises free and clear of all liens and other encumbrances
imposed pursuant to any Environmental Law, whether due to any act or omission of Sublessee or
any other person or entity (the "Environmental Liens"); (v) Sublessee shall, at its sole cost and
expense, fully and expeditiously cooperate in all activities pursuant to Subsection (1) below,
including but not limited to providing all relevant information and making knowledgeable persons
available for interviews; (vi) Sublessee shall, at its sole cost and expense, perform any
environmental site assessment or other investigation of environmental conditions in connection
with the Premises as may be reasonably requested by Sublessor (including but not limited to
sampling, testing and analysis of soil, water, air, building materials and other materials and
substances whether solid, liquid or gas), and share with Sublessor the reports and other results
thereof, and Sublessor and the other Indemnified Parties shall be entitled to rely on such reports
and other results thereof; (vii) subject to the provisions of the Environmental Indemnity
Agreement, Sublessee shall, at its sole cost and expense, comply with all reasonable written
requests of Sublessor to (1) reasonably effectuate Remediation of any condition (including but
not limited to a Release) in, on, under or from the Premises; (2) comply with any Environmental
Law; (3) comply with any directive from any Governmental Authority; and (4) take any other
reasonable action necessary or appropriate for protection of human health or the environment;
(viii) Sublessee shall not do or allow any tenant or other user of the Premises to do any act that
materially increases the dangers to human health or the environment, poses an unreasonable risk
926189.11 7/21105 16
of harm to any person or entity (whether on or off the Premises), impairs or may impair the
value of the Premises, is contrary to any requirement of any insurer, constitutes a public or
private nuisance, constitutes waste, or violates any covenant, condition, agreement or easement
applicable to the Premises; and (ix) Sublessee shall immediately notify Sublessor in writing of (A)
any presence of Releases or Threatened Releases in, on, under, from or migrating towards the
Premises; (B) any non-compliance with any Environmental Laws related in any way to the
Premises; (C) any actual or potential Environmental Lien; (D) any required or proposed
Remediation of environmental conditions relating to the Premises; and (E) any written or oral
notice or other communication which Sublessee becomes aware from any source whatsoever
(including but not limited to a Governmental Authority) relating in any way to Hazardous
Materials, Regulated Substances or USTs or Remediation thereof, possible liability of any person
or entity pursuant to any Environmental Law, other environmental conditions in connection with
the Premises, or any actual or potential administrative or judicial proceedings in connection with
anything referred to in this Section.
15.4.2. Sublessor, Mortgagee and any other person or entity designated
by Sublessor, including but not limited to any receiver, any representative of a Governmental
Authority, and any environmental consultant, shall have the right, but not the obligation, to enter
upon the Premises after at least 24 hours prior telephonic notice at all reasonable times
(including, without limitation, in connection with the exercise of any remedies or rights set forth
in this Sublease or a Mortgage to assess any and all aspects of the environmental condition of the
Premises and its use, including but not limited to conducting any environmental assessment or
audit (the scope of which shall be determined in Sublessor's sole and absolute discretion) and
taking samples of soil, groundwater or other water, air, or building materials, and conducting other
invasive testing. Sublessee shall cooperate with and provide access to Sublessor, Mortgagee and
any other person or entity designated by Sublessor; provided, however, the foregoing shall take
reasonable steps so as to not unreasonably interfere with Sublessee's business operations. Any
such assessment or investigation shall be at Sublessee's sole cost and expense.
15.4.3. Except as otherwise provided in the Environmental Indemnity
Agreement, Sublessee shall, at its sole cost and expense, protect, defend, indemnify, release and
hold harmless the Indemnified Parties from and against any and all Losses (excluding Losses
arising out of Sublessor's gross negligence or willful misconduct) and costs of Remediation
(whether or not performed voluntarily), engineers' fees, environmental consultants' fees, and
costs of investigation (including but not limited to sampling, testing, and analysis of soil, water,
air, building materials and other materials and substances whether solid, liquid or gas) imposed
upon or incurred by or asserted against any Indemnified Parties, and directly or indirectly arising
out of or in any way relating to any one or more of the following: (i) any presence of any
Hazardous Materials, Regulated Substances or USTs in, on, above, or under the Premises arising
or occurring on or after the Effective Date; (ii) any Release or Threatened Release in, on, above,
under or from the Premises arising or occurring on or after the Effective Date; (iii) any activity by
Sublessee, any person or entity affiliated with Sublessee or any tenant or other user of the
Premises in connection with any actual, proposed or threatened use, treatment, storage, holding,
926ng.I 17/2 M5 17
existence, disposition or other Release, generation, production, manufacturing, processing,
refining, control, management, abatement, removal, handling, transfer or transportation to or from
the Premises of any Hazardous Materials, Regulated Substances or USTs at any time located in,
under, on or above the Premises; (iv) any activity by Sublessee, any person or entity affiliated
with Sublessee or any tenant or other user of the Premises in connection with any actual or
proposed Remediation of any Hazardous Materials, Regulated Substances or USTs at any time
located in, under, on or above the Premises, whether or not such Remediation is voluntary or
pursuant to court or administrative order, including but not limited to any removal, remedial or
corrective action; (v) any actual or threatened non-compliance or violations of any Environmental
Laws (or permits issued pursuant to any Environmental Law) in connection with the Premises or
operations thereon arising or occurring on or after the Effective Date, including but not limited to
any failure by Sublessee, any person or entity affiliated with Sublessee or any tenant or other
user of the Premises to comply with any order of any Governmental Authority in connection
with any Environmental Laws on or after the Effective Date; (vi) the imposition, recording or
filing or the threatened imposition, recording or filing of any Environmental Lien encumbering the
Premises as the result of any Release or Threatened Release in, on, above, under or from the
Premises arising or occurring on or after the Effective Date; (vii) any administrative processes or
proceedings or judicial proceedings in any way connected with any matter addressed in this
Section; (viii) any actual or threatened injury to, destruction of or loss of natural resources in any
way connected with the Premises, including but not limited to costs to investigate and assess
such injury, destruction or loss as a result of any Release or Threatened Release in, on, above,
under or from the Premises arising or occurring on or after the Effective Date; (ix) any acts of
Sublessee or any other tenant, subtenant or users of the Premises in arranging for disposal or
treatment, or arranging with a transporter for transport for disposal or treatment, of Hazardous
Materials, Regulated Substances or USTs owned or possessed by such Sublessee or such tenant,
subtenant or users, at any facility or incineration vessel owned or operated by another person or
entity and containing such or similar Hazardous Materials, Regulated Substances or USTs; (x)
any acts of Sublessee or any other tenant, subtenant or users of the Premises, in accepting any
Hazardous Materials, Regulated Substances or USTs for transport to disposal or treatment
facilities, incineration vessels or sites selected by Sublessee or such tenant, subtenant or users,
from which there is a Release, or a Threatened Release of any Hazardous Material or Regulated
Substances which causes the incurrence of costs for Remediation; (xi) any personal injury,
wrongful death, or property damage relating to environmental matters arising under any statutory
or common law or tort law theory, including but not limited to damages assessed for the
maintenance of a private or public nuisance or for the conducting of an abnormally dangerous
activity on or near the Premises, as a result of any Release or Threatened Release in, on, above,
under or from the Premises arising or occurring on or after the Effective Date; and (xii) any
misrepresentation or inaccuracy in any representation or warranty or material breach or failure to
perform any covenants or other obligations pursuant to this Section.
15.4.4. In addition to the other requirements of this Section, Sublessee
shall, at all times throughout the Sublease Term, comply with all Applicable Regulations.
826268.11 721105 18
15.4.5. In the event of a conflict between the provisions of the
Environmental Indemnity Agreement and this Sublease, the Environmental Indemnity Agreement
shall prevail.
15.4.6. The obligations of Sublessee under this Section are in addition to
any obligations of tenant respecting environmental conditions set out in the Prime Lease (except
as otherwise provided in the Environmental Indemnity Agreement).
15.4.7. The obligations and rights and remedies of Sublessor and
Sublessee set forth in this Subsection shall survive the termination, expiration and/or release of
this Sublease.
16. Surrender; Holdover.
16.1. Condition Upon Surrender. At the expiration or earlier termination of the
Sublease Term, Sublessee shall promptly surrender possession of the Premises in the condition
required by this Sublease and the Prime Lease.
16.2. Holdover. If Sublessee retains possession of the Premises or any part
thereof after the termination of this Sublease by expiration of the Sublease Term or otherwise,
Sublessee shall pay Sublessor (A) an amount, calculated on a per diem basis for each day of such
unlawful retention, equal to the greater of (i) twice the Fixed Rent in effect immediately prior to
the expiration or earlier termination of the Sublease Term, or (ii) the market rental for the
Premises, as determined by Sublessor, for the time Sublessee thus remains in possession, plus, in
each case, all Additional Rent payable hereunder, and (B) all damages, costs and expenses
sustained by Sublessor by reason of Sublessee's holding over. All of Sublessee's obligations with
respect to the use, occupancy and maintenance of the Premises shall continue during such period
of retention; however, neither the compliance with such obligations nor the payment of the
amounts set forth above in this Section shall create any right in Sublessee to continue in
possession of the Premises or limit any rights or remedies of Sublessor resulting from such
holdover.
17. Default of Sublessee.
17.1. Defaults Enumerated. It shall be a default under this Sublease (an "Event
of Default") if:
17.1.1. Sublessee fails to pay any installment of Rent or other sum due
under this Sublease when the same is due and payable;
17.1.2. Sublessee fails to observe or perform any other covenant or
agreement of Sublessee contained in this Sublease (including, without limitation, the covenants
and agreements incorporated from the Prime Lease by reference, pursuant to Section 4 of this
626286.11 721/05 19
Sublease) and such failure continues after written notice given by or on behalf of Sublessor to
Sublessee for more than fifteen (15) days and such additional time, if any, as is reasonably
necessary to cure such failure, provided Sublessee commences to cure such failure within such
fifteen-day period and diligently thereafter prosecutes such cure to completion; or
17.1.3. Sublessee does or causes to be done or suffers or permits to be
done any act or thing which would constitute a default under the Prime Lease or which would
cause the Prime Lease or any of Sublessor's rights under the Prime Lease to be cancelled,
terminated, forfeited or prejudiced or which would render Sublessor liable for any damages, fines,
claims, penalties, costs or expenses under the Prime Lease; or
17.1.4. Sublessee vacates or abandons the Premises except as permitted
by this Sublease; or
17.1.5. Sublessee uses or occupies the Premises other than as permitted
under this Sublease; or
17.1.6. Sublessee assigns this Sublease or subleases all or any portion of
the Premises, or purports to assign this Sublease or sublease all or any portion of the Premises
without the prior written consent of Sublessor; or
17.1.7. Sublessee files a petition commencing a voluntary case, or has
filed against it a petition commencing an involuntary case, under the Federal Bankruptcy Code as
now or hereafter in effect, or under any similar law, or files or has filed against it a petition or
answer in bankruptcy or for reorganization or for an arrangement pursuant to any state
bankruptcy law or any similar state law, and, in the case of any such involuntary action, such
action shall not be dismissed within sixty (60) days after the filing thereof, or Sublessee consents
or acquiesces in the filing thereof; or
17.1.8. a custodian, receiver, trustee or liquidator of Sublessee or of all
or substantially all of Sublessee's property or of the Premises shall be appointed in any
proceedings brought by or against Sublessee; or
17.1.9. Sublessee shall generally not pay Sublessee's debts as such
debts become due, or shall make an assignment for the benefit of creditors, or shall admit in
writing its inability to pay its debts generally as they become due;
17.1.10. a default on the part of Sublessee shall occur under any loan
agreement, contract or other agreement pursuant to which Sublessee has granted to a third party a
security interest in any property of Sublessee located at the Premises or used in connection with
the operation of Sublessee's business at the Premises; or
826288.11 721105 20
17.1.11. a default on the part of Sublessee or any Affilate of Sublessee
shall occur under any lease or sublease pursuant to which such party leases or subleases any
other property from Sublessor or any Affilate of Sublessor.
17.2. Grace Period Provisions. The notice and grace period provision in
Section 17.1.2 above shall not apply to the Events of Default referred to in Sections 17. 1.1 and
17.1.3 through 17.1.11 inclusive.
18. Remedies.
18.1. Upon the occurrence of an Event of Default, with or without notice or
demand, except the notice prior to default required under certain circumstances by Subsection
17.1.2 above or such other notice as may be required by statute and cannot be waived by
Sublessee (all other notices being hereby waived), Sublessor shall be entitled to exercise, at its
option, concurrently, successively or in any combination, all remedies available at law or in
equity including, without limitation, all remedies of landlord set out in the Prime Lease as well as
any one or more of the following:
18.1.1. To terminate this Sublease, whereupon Sublessee's right to
possession of the Premises shall cease and this Sublease, except as to Sublessee's liability, shall
be terminated.
18.1.2. To reenter and take possession of the Premises, any or all
personal property or fixtures of Sublessee upon the Premises and, to the extent permissible, area
development agreements, permits and other rights or privileges of Sublessee pertaining to the use
and operation of the Premises and to expel Sublessee and those claiming under or through
Sublessee, without being deemed guilty in any manner of trespass or becoming liable for any loss
or damage resulting therefrom, without resort to legal or judicial process, procedure or action. No
notice from Sublessor hereunder or under a forcible entry and detainer statute or similar law shall
constitute an election by Sublessor to terminate this Sublease unless such notice specifically so
states. If Sublessee shall, after default, voluntarily give up possession of the Premises to
Sublessor, deliver to Sublessor or its agents the keys to the Premises, or both, such actions shall
be deemed to be in compliance with Sublcssor's rights and the acceptance thereof by Sublessor or
its agents shall not be deemed to constitute a termination of this Sublease. Sublessor reserves the
right following any reentry and/or reletting to exercise its right to terminate this Sublease by
giving Sublessee written notice thereof, in which event this Sublease will terminate as specified in
said notice.
18.1.3. To seize all personal property and fixtures of Sublessee upon
the Premises which Sublessee owns or in which it has an interest, in which Sublessor shall have a
landlord's lien and/or security interest, and to dispose thereof in accordance with the laws
prevailing at the time and place of such seizure or to remove all or any portion of such property
and cause the same to be stored in a public warehouse or elsewhere at Sublessee's sole expense,
826288.117/2 1 M 21
without becoming liable for any loss or damage resulting therefrom and without resorting to legal
or judicial process, procedure or action.
18.1.4. To bring an action against Sublessee for any damages sustained
by Sublessor or any equitable relief available to Sublessor.
18.1.5. To relet the Premises or any part thereof for such term or terms
(including a term which extends beyond the original Sublease Term), at such rentals and upon
such other terms as Sublessor, in its sole discretion, may determine, with all proceeds received
from such reletting being applied to the rental and other sums due from Sublessee in such order as
Sublessor, may, in it sole discretion, determine, which other sums include, without limitation, all
repossession costs, brokerage commissions, reasonable attorneys' fees and expenses, employee
expenses, alteration, remodeling and repair costs and expenses of preparing for such reletting.
Sublessor shall have no obligation to relet the Premises or any part thereof and shall in no event
be liable for refusal or failure to relet the Premises or any part thereof, or, in the event of any
such reletting, for refusal or failure to collect any rent due upon such reletting, and no such refusal
or failure shall operate to relieve Sublessee of any liability under this Sublease or otherwise to
affect any such liability. Sublessor reserves the right following any such reentry and/or reletting
to exercise its right to terminate this Sublease by giving Sublessee written notice thereof, in which
event this Sublease will terminate as specified in said notice.
18.1.6. To accelerate and recover from Sublessee all rent and other
monetary sums due and owing and scheduled to become due and owing under this Sublease both
before and after the date of such breach for the entire original scheduled Sublease Term.
18.1.7. To recover from Sublessee all costs and expenses, including
reasonable attorneys' fees, court costs, expert witness fees, costs of tests and analyses, travel and
accommodation expenses, deposition and trial transcripts, copies and other similar costs and fees,
paid or incurred by Sublessor as a result of such breach, regardless of whether or not legal
proceedings are actually commenced.
18.1.8. To immediately or at any time thereafter, and with or without
notice, at Sublessor's sole option but without any obligation to do so, correct such breach or
default and charge Sublessee all costs and expenses incurred by Sublessor therein. Any sum or
sums so paid by Sublessor, together with interest at the Default Rate, shall be deemed to be
additional rent hereunder and shall be immediately due from Sublessee to Sublessor. Any such
acts by Sublessor in correcting Sublessee's breaches or defaults hereunder shall not be deemed to
cure said breaches or defaults or constitute any waiver of Sublessor's right to exercise any or all
remedies set forth herein. In the event that the Prime Lease or a Mortgage or any other loan
document secured by a Mortgage shall contain a cure period shorter than that set forth in this
Sublease, then Sublessor shall be entitled to exercise the rights contained in this Subsection prior
826286.11 7/2M3 22
to the expiration of such shorter cure period so as to avoid default under the Prime Lease or such
Mortgage or other loan document.
18.1.9. To immediately or at any time thereafter, and with or without
notice, except as required herein, set off any money of Sublessee held by Sublessor under this
Sublease against any sum owing by Sublessee hereunder.
18.1.10. To seek any equitable relief available to Sublessor, including,
without limitation, the right of specific performance.
18.2. In the event that the Premises is located in Pennsylvania, the provisions of
this Subsection 18.2 shall apply:
THE FOLLOWING PARAGRAPHS SET FORTH WARRANTS OF
ATTORNEY TO CONFESS JUDGMENTS AGAINST TENANT. IN
GRANTING THESE WARRANTS OF ATTORNEY TO CONFESS
JUDGMENTS AGAINST TENANT, TENANT HEREBY KNOWINGLY,
INTENTIONALLY, VOLUNTARILY AND UNCONDITIONALLY WAIVES
ANY AND ALL RIGHTS TENANT HAS OR MAY HAVE TO PRIOR
NOTICES AND AN OPPORTUNITY FOR HEARING UNDER THE
RESPECTIVE CONSTITUTIONS AND LAWS OF THE UNITED STATES
AND THE COMMONWEALTH OF PENNSYLVANIA.
CONFESSION OF JUDGMENT FOR RENT. TENANT IRREVOCABLY
AUTHORIZES AND EMPOWERS THE PROTHONOTARY AND CLERK
OR ANY ATTORNEY OF ANY COURT OF RECORD TO APPEAR FOR
AND CONFESS JUDGMENT AGAINST TENANT FOR SUCH RENT AND
OTHER SUMS AS ARE DUE AND/OR MAY BECOME DUE UNDER THIS
SUBLEASE, WITHOUT STAY OF EXECUTION AND WITH AN
ATTORNEY'S COLLECTION FEE OF FIVE PERCENT (5%) OF THE
AMOUNT DUE (BUT NOT LESS THAN $5,000.00), WHICH IS
REASONABLE AS AN ATTORNEY'S FEE. TO THE EXTENT PERMITTED
BY LAW, TENANT RELEASES ALL ERRORS IN SUCH PROCEEDINGS. IF
A VERIFIED COPY OF THIS SUBLEASE IS FILED, IT SHALL NOT BE
NECESSARY TO FILE THE ORIGINAL SUBLEASE. THE AUTHORITY
AND POWER TO APPEAR FOR AND CONFESS JUDGMENT AGAINST
TENANT SHALL NOT BE EXHAUSTED BY THE INITIAL EXERCISE
THEREOF AND MAY BE CONFESSED AS OFTEN AS ANY EVENT OF
DEFAULT OCCURS. SUCH AUTHORITY MAY BE EXERCISED DURING
OR AFTER THE EXPIRATION OF THE SUBLEASE TERM AND/OR
DURING OR AFTER THE EXPIRATION OF ANY EXTENDED OR
RENEWAL TERM.
8262881172 5 23
CONFESSION OF JUDGMENT FOR POSSESSION. TENANT
IRREVOCABLY AUTHORIZES AND EMPOWERS THE PROTHONOTARY
AND CLERK OR ANY ATTORNEY OF ANY COURT OF RECORD TO
APPEAR FOR AND CONFESS JUDGMENT AGAINST TENANT FOR
POSSESSION OF THE PREMISES, WITHOUT STAY OF EXECUTION. TO
THE EXTENT PERMITTED BY LAW, TENANT RELEASES ALL ERRORS
IN SUCH PROCEEDINGS. IF A VERIFIED COPY OF THIS SUBLEASE IS
FILED, IT SHALL NOT BE NECESSARY TO FILE THE ORIGINAL
SUBLEASE. THE AUTHORITY AND POWER TO APPEAR FOR AND
CONFESS JUDGMENT AGAINST TENANT SHALL NOT BE
EXHAUSTED BY THE INITIAL EXERCISE THEREOF AND MAY BE
CONFESSED AS OFTEN AS ANY EVENT OF DEFAULT OCCURS. SUCH
AUTHORITY MAY BE EXERCISED DURING OR AFTER THE
EXPIRATION OF THE SUBLEASE TERM AND/OR DURING OR AFTER
THE EXPIRATION OF ANY EXTENDED OR RENEWAL TERM. IF SUCH
PROCEEDING IS TERMINATED AND POSSESSION OF THE PREMISES
REMAINS IN OR IS RESTORED TO TENANT, SUBLESSOR SHALL HAVE
THE RIGHT FOR THE SAME EVENT OF DEFAULT AND UPON ANY
SUBSEQUENT EVENT OR EVENTS OF DEFAULT, OR UPON THE
TERMINATION OF THIS SUBLEASE UNDER ANY OF THE TERMS OF
THIS SUBLEASE, TO BRING ONE OR MORE FURTHER ACTION OR
ACTIONS TO RECOVER POSSESSION OF THE PREMISES AND CONFESS
JUDGMENT FOR THE RECOVERY OF POSSESSION OF THE PREMISES
AS HEREINABOVE PROVIDED.
REPRESENTATIONS. TENANT HEREBY REPRESENTS THAT (A)
TENANT IS KNOWLEDGEABLE IN BUSINESS MATTERS; (B) THIS
SUBLEASE IS FOR BUSINESS OR COMMERCIAL PURPOSES ONLY AND
NOT FOR PERSONAL OR RESIDENTIAL PURPOSES, AND (C) TENANT
HAS FULLY REVIEWED THE AFORESAID WARRANTS OF ATTORNEY
TO CONFESS JUDGMENT WITH ITS OWN COUNSEL AND
UNDERSTANDS THAT IT IS WAIVING CERTAIN RIGHTS IT WOULD
OTHERWISE POSSESS.
18.3. All powers and remedies given by this Section to Sublessor, subject to
applicable law, shall be cumulative and not exclusive of one another or of any other right or
remedy or of any other powers and remedies available to Sublessor under this Sublease, by
judicial proceedings or otherwise, to enforce the performance or observance of the covenants and
agreements of Sublessee contained in this Sublease, and no delay or omission of Sublessor to
exercise any right or power accruing upon the occurrence of any Event of Default shall impair
any other or subsequent Event of Default or impair any rights or remedies consequent thereto.
Every power and remedy given by this Section or by law to Sublessor may be exercised from
time to time, and as often as may be deemed expedient, by Sublessor, subject at all times to
926ng.11 7/2 MS 24
Sublessor's right in its sole judgment to discontinue any work commenced by Sublessor or change
any course of action undertaken by Sublessor.
19. Provisions Concerning Remedies.
19.1. Waiver of Landlord and Tenant Act Notices. If proceedings shall be
commenced by Sublessor to recover possession under the Acts of Assembly and Rules of Civil
Procedure, either at the end of the Sublease Term or upon the earlier termination of this Sublease,
or for non-payment of Rent or any other reason, Sublessee specifically waives the right to the
notices required by the Landlord and Tenant Act of 1951, as the same may be amended, and
agrees that five (5) days' notice shall be sufficient in all cases.
19.2. Survival of Sublessee's Obligations. No expiration or termination of this
Sublease pursuant to Section 18.1 above or by operation of law or otherwise, and no
repossession of the Premises or any part thereof pursuant to Sections 18.1 or 18.2 above or
otherwise shall relieve Sublessee of its liabilities and obligations under this Sublease, all of which
shall survive such expiration, termination or repossession, and Sublessor may, at its option, sue
for and collect all Rent and other charges due hereunder at any time as and when such charges
accrue.
19.3. Iniunction, Other Remedies. In the event of breach or threatened breach
by Sublessee of any provision of this Sublease, Sublessor shall have the right of injunction and
the right to invoke any remedy allowed at law or in equity in addition to other remedies provided
for in this Sublease.
19.4. Waiver of Redemption. Sublessee hereby expressly waives any and all
rights of redemption granted by or under any present or future law in the event this Sublease is
terminated, or in the event of Sublessor obtaining possession of the Premises, or in the event
Sublessee is evicted or dispossessed for any cause, by reason of violation by Sublessee of any of
the provisions of this Sublease.
19.5. Rights Cumulative. No right or remedy conferred upon or reserved to
Sublessor in this Sublease is intended to be exclusive of any other right or remedy herein or by
law provided, but each shall be cumulative and in addition to every other right or remedy given in
this Sublease or now or hereafter existing at law or in equity or by statute.
19.6. Expenses. In the event that Sublessor commences suit for the
repossession of the Premises, for the recovery of Rent or any other amount due under the
provisions of this Sublease, or because of the breach of any other covenant of Sublessee in this
Sublease, Sublessee shall pay Sublessor all expenses incurred in connection therewith, including
reasonable attorneys' fees.
826M 11 7n1ms 25
19.7. Waivers. No waiver by Sublessor of any breach by Sublessee of any
obligations, agreements or covenants in this Sublease shall be a waiver of any subsequent breach
or of any obligation, agreement or covenant, nor shall any forbearance by Sublessor to seek a
remedy for any breach by Sublessee be a waiver of any rights and remedies with respect to such
or any subsequent breach.
19.8. WAIVER OF JURY TRIAL. SUBLESSEE HEREBY WAIVES TRIAL
BY JURY IN ANY ACTION, PROCEEDING OR COUNTERCLAIM BROUGHT BY
SUBLESSOR ON ANY MATTER ARISING OUT OF OR IN ANY WAY CONNECTED
WITH THIS SUBLEASE, THE RELATIONSHIP OF SUBLESSOR AND SUBLESSEE,
SUBLESSEE'S USE OR OCCUPANCY OF THE PREMISES, OR ANY CLAIM OF INJURY
OR DAMAGE, OR ANY OTHER REMEDY WITH RESPECT THERETO.
20. Security Deposit.
20.1. Amount. Simultaneously with the execution of this Sublease, Sublessee
shall deposit the sum of N/A DOLLARS ($ ) with Sublessor to
secure Sublessee's performance of its obligations under this Sublease (the "Security Deposit").
20.2. No Interest. Sublessee shall receive no interest on the Security Deposit.
Sublessor may commingle the Security Deposit with other moneys of Sublessor.
20.3. Application. Upon the occurrence of an Event of Default, Sublessor may,
without prejudice to Sublessor's other remedies, apply part or all of the Security Deposit (A) to
cure the default, in whole or in part, and (B) to any losses or damages suffered by Sublessor by
reason of such default. If Sublessor so applies part or all of the Security Deposit, Sublessee shall
within ten (10) days after written demand, pay Sublessor the amount necessary to restore the
Security Deposit to its original amount.
20.4. Transfer of Sublessor's Interest In Sublease. In the event of a sale,
assignment or other transfer of Sublessor's interest in this Sublease, Sublessor shall have the right
to transfer the Security Deposit to the purchaser, assignee or transferee. Upon such transfer,
Sublessee shall look only to the new sublessor for the return of the Security Deposit and
Sublessor shall be released from all liability for the return of the Security Deposit.
20.5. Return of Security Deposit. Any part of the Security Deposit not used
by Sublessor shall be returned to Sublessee upon the latest to occur of (A) the expiration of the
Sublease Term; (B) the surrender of the Premises by Sublessee in accordance with the terms of
the Sublease; and (C) the computation of all AdditionalRent by Sublessor and payment by
Sublessee.
626M 11 7121105 26
21. Quiet Enjoyment.
Subject to the terms and conditions of this Sublease, Sublessor warrants to
Sublessee that it will take no action to disturb the quiet enjoyment of Sublessee for so long as
Sublessee performs all obligations of the sublessee under this Sublease. Sublessor makes no
warranty respecting action by any other party, including, without limitation, Prime Lessor.
22. Mortgage, Subordination, Nondisturbance and Attornment.
22.1. Sublessor's interest in this Sublease and/or the Premises shall not be
subordinate to any encumbrances placed upon the Premises by or resulting from any act of
Sublessee, and nothing herein contained shall be construed to require such subordination by
Sublessor. Sublessee shall keep the Premises free from any liens for work performed, materials
furnished or obligations incurred by Sublessee. EXCEPT AS OTHERWISE CONSENTED TO
BY SUBLESSOR PURSUANT TO SECTION 9, NOTICE IS HEREBY GIVEN THAT
SUBLESSEE IS NOT AUTHORIZED TO PLACE OR ALLOW TO BE PLACED ANY LIEN,
MORTGAGE, DEED OF TRUST OR ENCUMBRANCE OF ANY HIND UPON ANY, ALL
OR ANY PART OF THE PREMISES OR SUBLESSEE'S LEASEHOLD INTEREST
THEREIN, AND ANY SUCH PURPORTED TRANSACTION SHALL BE VOID.
FURTHERMORE, ANY SUCH PURPORTED TRANSACTION SHALL BE DEEMED A
TORTIOUS INTERFERENCE WITH SUBLESSOR'S RELATIONSHIP WITH SUBLESSEE
AND SUBLESSOR'S OWNERSHIP OF THE PREMISES.
22.2. This Lease and the estate, interest and rights hereby created are
subordinate to every Ground Lease and Mortgage now or hereafter placed upon the Premises by
Sublessor, and Sublessee covenants and agrees to execute and deliver, upon demand, such further
instruments subordinating this Sublease to the lien or interest of any or all such Ground Leases or
Mortgages as shall be desired by Sublessor or any present or proposed Ground Lessor or
Mortgagee. Notwithstanding the foregoing, the subordination of this Sublease to any future
Ground Lease or Mortgage shall be subject to the execution by such Ground Lessor or Mortgagee
of a subordination and nondisturbance agreement in substantially the form set out in Exhibit D or
such other form as is reasonably acceptable to such future Ground Lessor or
Mortgagee.
22.3. If any Mortgagee, receiver or other secured party elects to have this
Sublease and the interest of Sublessee hereunder be superior to any such interest or right and
evidences such election by notice given to Sublessee, then this Sublease and the interest of
Sublessee hereunder shall be deemed superior to any such Mortgage, whether this Sublease was
executed before or after such Mortgage and in that event such Mortgagee, receiver, trustee or
other secured party shall have the same rights with respect to this Sublease as if it had been
executed and delivered prior to the execution and delivery of the Mortgage and has been assigned
to such Mortgagee, receiver, trustee or other secured party.
926298 11 721X05 27
22.4. Although the foregoing provisions shall be self-operative and no future
instrument of subordination shall be required, upon request by Sublessor, Sublessee shall execute
and deliver whatever instruments may be required for such purposes, and in the event Sublessee
fails so to do within 10 days after demand, Sublessee does hereby make, constitute and
irrevocably appoint Sublessor as its agent and attorney-in-fact and in its name, place and stead so
to do, which appointment shall be deemed coupled with an interest.
22.5. In the event that any existing or prospective Ground Lessor or Mortgagee
requires a modification or modifications of this Sublease, which modification or modifications will
not cause an increase in rent or in any other way materially and adversely change the rights or
obligations of Sublessee under this Sublease, Sublessee agrees that this Sublease may be so
modified and agrees to execute whatever documents are required therefor and deliver the same to
Sublessor within ten (10) days following written request by Sublessor. In the event Sublessee
fails to execute and deliver such documents within ten (10) days of written request by Sublessor,
Sublessee does hereby make, constitute and appoint Sublessor as Sublessee's attorney-in-fact and
agent in its name, place and stead to do so. This power of attorney is given as security coupled
with an interest and is irrevocable.
22.6. In the event any Ground Lessor or any purchaser or assignee of Mortgagee
at a foreclosure sale acquires title to the Premises, or in the event any Ground Lessor or
Mortgagee or any assignee of such party otherwise succeeds to the rights of Sublessor as landlord
under this Sublease, Sublessee shall attorn to such Ground Lessor or Mortgagee or such
purchaser or assignee, as the case may be (individually and collectively, a "Successor Sublessor"),
and recognize the Successor Sublessor as Sublessor under this Sublease, and this Sublease shall
continue in full force and effect as a direct lease between the Successor Sublessor and Sublessee,
provided that the Successor Sublessor shall only be liable for any obligations of the Sublessor
under this Sublease which accrue after the date that such Successor Sublessor acquires title. The
foregoing provision shall be self operative and effective without the execution of any further
instruments.
22.7. Sublessee shall give written notice to any Ground Lessor of the Premises
or Mortgagee having a recorded lien upon the Premises or any part thereof of which Sublessee
has been notified of any breach or default by Sublessor of any of its obligations under this
Sublease. If, within thirty (30) days after receipt of written notice from Sublessee, Mortgagee, at
Mortgagee's sole option, commences to cure a default of Sublessor under the Lease that is
capable of being cured by Mortgagee, or commences to pursue any other of its remedies under
the Mortgage and thereafter diligently pursues such cure to completion, Sublessee agrees not
to terminate this Sublease, reduce rent, credit or offset against future rents, consent or acquiesce
in the termination of the Sublease or surrender the Premises and agrees to continue to be bound by
the terms of this Sublease. Upon request by Sublessor, Sublessee shall also provide Sublessee's
most recent audited financial statements to Sublessor or any such Ground Lessor or Mortgagee
and certify the continuing accuracy of such financial statements in such manner as Sublessor and
such Ground Lessor or Mortgagee may request.
826298.11 7n1m5 28
22.8. If Ground Lessor or Mortgagee shall succeed to the rights of Sublessor as
landlord under this Sublease, whether through termination of a Ground Lease, foreclosure of the
lien of a Mortgage, deed-in-lieu of foreclosure or otherwise, Ground Lessor or Mortgagee, as
Sublessor, shall have the right to sell or convey all, but not less than all, of the Premises or to
assign its right, title and interest as Sublessor under this Sublease in whole, but not in part. In the
event of any such sale or assignment other than a security assignment, Sublessee shall attorn to
such purchaser or assignee and Sublessor shall be relieved, from and after the date of such transfer
or conveyance, of liability for the performance of any obligation of Sublessor contained herein,
except for obligations or liabilities accrued prior to such assignment or sale (provided, however,
nothing in this Section 24 shall impose liability on Ground Lessor or Mortgagee or such
purchaser or assignee, as Sublessor, for the obligations of Sublessor accruing under this Sublease
prior to the time Ground Lessor or Mortgagee or such purchaser or assignee, as the case may be,
succeeds to Sublessor's rights as Sublessor under this Sublease).
23. Estoppel Certificate.
23.1. At any time, and from time to time, Sublessee agrees, promptly and in no
event later than 10 days after a request from Sublessor or any Ground Lessor or Mortgagee of the
Premises to execute, acknowledge and deliver to Sublessor or any present or proposed Ground
Lessor or Mortgagee or purchaser designated by Sublessor, any Ground Lessor or Mortgagee of
the Premises a certificate in the form supplied by Sublessor, certifying: (i) that Sublessee has
accepted the Premises (or, if Sublessee has not done so, that Sublessee has not accepted the
Premises, and specifying the reasons therefor); (ii) that this Sublease is in full force and effect and
has not been modified (or if Modified, setting forth all modifications), or, if this Sublease is not in
full force and effect, the certificate shall so specify the reasons therefor; (iii) the commencement
and expiration dates of the Sublease Term and the terms of any extension options of Sublessee;
(iv) the date to which the rentals have been paid under this Sublease and the amount thereof then
payable; (v) whether there are then any existing defaults by Sublessor in the performance of its
obligations under this Sublease, and, if there are any such defaults, specifying the nature and
extent thereof; (vi) that no notice has been received by Sublessee of any default under this
Sublease which has not been cured, except as to defaults specified in the certificate; (vii) the
capacity of the person executing such certificate, and that such person is duly authorized to
execute the same on behalf of Sublessee; (viii) that neither Sublessor nor Mortgagee has actual
involvement in the management or control of decision making related to the operational aspects or
the day-to-day operations of the Premises, including the USTs or the handling or disposal of
solid or hazardous waste, except as expressly provided in this Sublease or the Environmental
Indemnity Agreement; and (ix) any other information reasonably requested by Sublessor, or its
present or proposed purchaser or Ground Lessor or Mortgagee.
23.2. If Sublessee shall fail or refuse to sign a certificate in accordance with the
provisions of this Section within 10 days following a request by Sublessor, Sublessee irrevocably
constitutes and appoints Sublessor as its attorney-in-fact to execute and deliver the certificate to
826288.11 7n1/05 29
any such third party, it being stipulated that such power of attorney is coupled with an interest
and is irrevocable and binding.
24. Consent of Sublessor.
Unless specified otherwise herein, Sublessor's consent to any request of Sublessee
may be conditioned or withheld in Sublessor's sole discretion. Sublessor shall have no liability for
damages resulting from Sublessor's failure to give any consent, approval or instruction reserved to
Sublessor, Sublessee's sole remedy in any such event being an action for injunctive relief.
Notwithstanding anything to the contrary contained herein, in all instances where consent or
approval is required under the Prime Lease or a Mortgage or Ground Lease, Sublessee shall be
required to obtain such consent or approval from both Sublessor and Prime Lessor or Mortgagee,
as applicable.
25. Notices.
All notices, consents, approvals or other instruments required or permitted to be
given by either party pursuant to this Sublease ("Notices") shall be in writing and given by (i)
hand delivery, (ii) facsimile, (iii) express overnight delivery service or (iv) certified or registered
mail, return receipt requested (provided, however, Notices sent by certified or registered mail
shall also be delivered by one of the other methods described in subitems (i), (ii) and (iii) hereof),
and shall be deemed to have been delivered upon (a) receipt, if hand delivered, (b) transmission, if
delivered by facsimile, with facsimile machine confirmation, (c) the next Business Day, if
delivered by express overnight delivery service, or (d) the third Business Day following the day
of deposit of such notice with the United States Postal Service, if sent by certified or registered
mail, return receipt requested. Notices shall be provided to the parties and addresses (or facsimile
numbers, as applicable) specified below:
926239,1 1721 105 30
If to Sublessor: Real Estate Department
Attn: William Long
Uni-Marts, LLC
477 East Beaver Avenue
State College, PA 16801-5690
Telephone: 814-234-6000
Telecopy: 814-234-3277
If to Sublessee: SAIMA INTERNATIONAL, INC.
Attn: Aijaz A. Shaikh, President
2203 Glen Allen Avenue, Apt T-2
Silver Spring, MD 20906
Telephone:
Telecopy:
or to such other address or such other person as either party may from time to time hereafter
specify to the other party in a notice delivered in the manner provided above. No such notices,
consents, approvals or other communications shall be valid unless Ground Lessor or Mortgagee,
if any, receives a duplicate original thereof, provided Sublessor has provided Sublessee with
contact information for such party.
26. Sublessor's Lien/Security Interest.
Sublessee agrees that Sublessor shall have a landlord's lien, and additionally hereby
separately grants to Sublessor a first and prior security interest, in, on and against all personal
property belonging to Sublessee from time to time situated on or used in connection with any or
all the Premises, which lien and security interest shall secure the payment of all rental and other
charges payable by Sublessee to Sublessor under the terms hereof and all other obligations of
Sublessee to Sublessor under this Sublease; provided, however, that such lien and security
interest shall be automatically subordinated and second in lien priority to (a) any security interest
in such assets granted by Sublessee to an unaffiliated financial institution as security for purchase
money financing utilized to acquire such assets, (b) any security interest in such assets granted
by Sublessee to an unaffiliated financial institution as security for financing utilized to acquire the
business at the Premises and (c) all renewals, replacements, modifications, and extensions of such
financings. Sublessee further agrees to execute and deliver to Sublessor from time to time such
financing statements and other documents as Sublessor may then deem appropriate or necessary
to perfect and maintain said lien and security interest, and expressly acknowledges and agrees
that, in addition to any and all other rights and remedies of Sublessor whether hereunder or at law
or in equity, in the event of any default of Sublessee hereunder, Sublessor shall have any and all
rights and remedies of Sublessor granted a secured party under the Uniform Commercial Code
then in effect in the State. If Sublessee shall fail for any reason to execute any such financing
statement or document within 10 days after Sublessor's request therefor, Sublessor shall have the
right to execute the same as attorney-in-fact of Sublessee, coupled with an interest, for, and on
826283.11 712 1105 31
behalf, and in the name of Sublessee. Sublessee covenants to promptly notify Sublessor of any
changes in Sublessee's name and/or organizational structure which may necessitate the execution
and filing of additional financing statements (provided, however, the foregoing shall not be
construed as Sublessoe's consent to such changes).
27. Financial Statements.
Within 45 days after the end of each fiscal quarter, and within 120 days after the
end of each fiscal year of Sublessee, Sublessee shall deliver to Sublessor (i) complete financial
statements of Sublessee including a balance sheet, profit and loss statement, statement of changes
in financial condition and all other related schedules for the fiscal period then ended; and (ii)
income statements for the business at the Premises. All such financial statements shall be
prepared in accordance with generally accepted accounting principles, consistently applied from
period to period, and shall be certified to be accurate and complete by Sublessee (or the Treasurer
or other appropriate officer of Sublessee). Sublessee agrees to reasonably cooperate with
Sublessor's requests to provide such financial information prior to the end of the applicable
period established for delivering such information. Sublessee understands that Sublessor is relying
upon such financial statements and Sublessee represents that such reliance is reasonable. In the
event that Sublessee's property and business at the Premises is ordinarily consolidated with other
business for financial statement purposes, such financial statements shall be prepared on a
consolidated basis showing separately the sales, profits and losses, assets and liabilities
pertaining to the Premises with the basis for allocation of overhead of other charges being clearly
set forth. The financial statements delivered to Sublessor need not be audited, but Sublessee shall
deliver to Sublessor copies of any audited financial statements of Sublessee which may be
prepared, as soon as they are available. Sublessor shall be permitted to share copies of all
Sublessee financial statements and other information concerning this Sublease with any
Mortgagee or prospective purchaser of the Premises.
28. Sublease Subordinate to Prime Lease; Termination of Prime Lease.
28.1. Sublease Subordinate. This Sublease and the rights of the parties under
this Sublease are subject and subordinate to the Prime Lease and the rights of Prime Lessor.
28.2. Termination of Prime Lease. If the Prime Lease is terminated for any
reason, this Sublease shall terminate as of the date of termination of the Prime Lease and
Sublessor shall have no liability to Sublessee as a result of such termination.
29. Prime Lessor's Consent.
29.1. Sublease Conditioned Upon Consent. This Sublease is subject to, and
conditioned upon, Sublessor's obtaining the written consent of Prime Lessor to this Sublease (the
"Prime Lessor's Consent"), if such written consent is required under the Prime Lease. As set
826288.11 721/05 32
forth in Section 2.2 of this Sublease, the Sublease Term shall not commence until Sublessor has
obtained the Prime Lessor's Consent, if such consent is required under the Prime Lease.
29.2. Delivery of Information. Sublessee shall promptly deliver to Sublessor
any information reasonably required by Prime Lessor (in connection with the Prime Lessor's
Consent) with respect to the nature and operation of Sublessee's business and/or the financial
condition of Sublessee.
29.3. Agreements for Benefit of Prime Lessor. Sublessor and Sublessee hereby
agree, for the benefit of Prime Lessor, that neither this Sublease nor the Prime Lessor's Consent
shall:
29.3.1. create privity of contract between Prime Lessor and Sublessee;
29.3.2. be deemed to amend the Prime Lease in any way (unless Prime
Lessor shall have expressly agreed in writing to such amendment); or
29.3.3. be construed as a waiver of Prime Lessor's right to consent to
any assignment of the Prime Lease by Sublessor or any further subletting of the Premises.
29.4. Fee. Any fee charged by Prime Lessor in connection with the Prime
Lessor's Consent shall be paid by Sublessee.
29.5. Effect of Failure to Obtain Prime Lessor's Consent. If the Prime Lessor's
Consent is required under the Prime Lease and Prime Lessor fails to consent to this Sublease
within thirty (30) days after the execution and delivery of this Sublease by the parties, either
Sublessor or Sublessee may terminate this Sublease by giving written notice to the other at any
time thereafter, but before Prime Lessor grants such consent. Upon such termination, (A)
Sublessor will return the Security Deposit to Sublessee, (B) this Sublease will become null and
void, and (C) neither party will have any liability or obligation to the other under this Sublease.
30. Brokers.
Sublessor and Sublessee represent and warrant to each other that no broker or
finder other than the Sublessor's Broker was instrumental in arranging or bringing about this
Sublease and that there are no claims or rights for brokerage commissions or finders' fees in
connection with this Sublease by any person or entity other than the Broker. Sublessor shall be
solely responsible for all fees and commissions payable to the Sublessor's Broker. If any person
brings a claim for a commission or finder's fee based upon any contact, dealings or communication
with Sublessor or Sublessee, then the party through whom such person makes its claim shall
defend the other party to this Sublease from such claim, and shall indemnify the other party and
hold the other party harmless from any and all costs, damages, claims, liabilities or expenses
926288.117/2 M5 33
(including without limitation, reasonable attorneys' fees and disbursements) incurred by the other
party in defending against the claim.
31. Automatic Teller Machine.
Sublessor reserves the sole and exclusive right, from time to time, to enter into an
agreement with an unrelated third party providing for the installation and operation of an
automatic teller machine ("ATM") within the Premises in a location reasonably approved by
Sublessee. Sublessor shall be responsible for arranging for the installation of the ATM, at
Sublessor's cost, and shall be permitted to install necessary utilities and communications cabling.
Sublessee shall not install or permit the installation of any automatic teller machine other than the
ATM.
32. Signage.
Sublessor reserves the sole and exclusive right, from time to time, to enter into one
or more agreements (each, a "Signage Agreement") providing for the sale of signage rights in and
about the Premises. Without limitation, such signage may be placed in, on and around the
Building and other improvements at the Premises, upon any trade fixtures of Sublessee, or free
standing. Such signage must be in compliance with applicable law and shall not (i) be constructed
in a manner or placed in any location which. materially interferes with Sublessee's operations at
the Premises, (ii) be offensive or disreputable in nature or (iii) advertise the sale of products or
performance of services which would be in direct competition with the products and services
sold by Sublessee. Sublessor shall share with Sublessee fifty percent (50%) of any net income
earned by Sublessor from time to time in connection with the sale of signage rights in and about
the Premises.
33. Telecommunications Antennae.
Sublessor reserves the sole and exclusive right, from time to time, to enter into one
or more agreements with unrelated third parties providing for the installation and operation of
telecommunications antennae (the "Antennae") within the Premises in locations chosen by
Sublessor, provided that the same shall be installed and operated in compliance with applicable
law and shall not be placed in any location which materially interferes with Sublessee's
operations at the Premises. Sublessor shall be responsible for arranging for the installation of the
Antennae, at Sublessor's cost, and shall be permitted to install necessary utilities and
communications cabling. Sublessee shall not install or permit the installation of any
telecommunications antennae other than the Antennae.
34. Miscellaneous.
34.1. Interpretation of Sublease. The headings and captions in this Sublease are
inserted for convenience of reference only and in no way define, describe or limit the scope or
intent of this Sublease or any of its provisions. Where the context so requires, the use of the
826286.11 7121/05 34
singular shall include the plural and vice versa and the use of the masculine shall include the
feminine and the neuter.
34.2. Governing Law, Jurisdiction and Venue. This Sublease shall be governed
by and construed in accordance with the laws of the State.
34.3. No Recording. Neither this Sublease nor any memorandum or short form
thereof may be recorded by Sublessee.
34.4. Survival. Any covenants set forth in this Sublease which, by their nature,
would reasonably be expected to be performed after the expiration or earlier termination of this
Sublease, shall survive the expiration or earlier termination of this Sublease.
34.5. Counterparts. This Sublease may be executed in two or more counterparts,
each of which shall be deemed an original, but all of which taken together shall constitute one and
the same instrument.
34.6. Binding Effect; Assignment. Subject to Section 9, this Sublease shall be
binding upon, and inure to the benefit of, the parties to this Sublease and their respective
successors and assigns.
34.7. Limitation of Sublessor's Liability. Sublessee shall look solely to
Sublessof s interest in the Premises for enforcement of any obligation of Sublessor under this
Sublease or imposed by applicable law, and no other property or other assets of Sublessor shall
be subjected to levy, execution or other enforcement proceeding for the satisfaction of Sublessee's
remedies or with respect to this Sublease, the relationship of sublessor and sublessee or
Sublessee's use and occupancy of the Premises.
34.8. Joint and Several Liability. If two or more individuals, corporations,
partnerships, or other entities (or any combination of two or more thereof) sign this Sublease as
sublessee, the liability of each such individual, corporation, partnership or other entity to pay
Rent and perform all other obligations of Sublessee under this Sublease shall be joint and several.
34.9. Relationship of Parties. None of the agreements contained herein is
intended, nor shall the same be deemed or construed, to create a partnership (either de jure or de
facto) between Sublessor and Sublessee, to make them joint venturers, to make Sublessee an
agent, legal representative, partner, subsidiary or employee of Sublessor, nor to make Sublessor
in any way responsible for the debts, obligations or losses of Sublessee.
34.10. Entire Agreement, Requirement for Writing.
34.10.1. This Sublease and the Exhibits attached to this Sublease contain
the final and entire agreement of Sublessor and Sublessee and are intended to be an integration of
826288.11 7/21105 35
all prior negotiations and understandings. Neither Sublessor nor Sublessee shall be bound by any
covenants, agreements, statements, representations or warranties, oral or written, not contained
in this Sublease.
34.10.2. No change or modification to this Sublease shall be valid unless
the same is in writing and signed by the parties to this Sublease.
34.10.3. No waiver of any of the provisions of this Sublease shall be
valid unless the same is in writing and is signed by the party against which it is sought to be
enforced.
34.11. Severability. If any provision of this Sublease, or the application thereof
to any person, place or circumstance, shall be held by a court of competent jurisdiction to be
invalid, unenforceable or void, the remainder of this Sublease and such provisions as applied to
other persons, places and circumstances shall remain in full force and effect.
34.12. Time of Essence. Time is of the essence of each and every provision of
this Sublease of which time is an element.
826288.11 712M5 36
IN WITNESS WHEREOF, Sublessor and Sublessee have duly executed this
Sublease as of the day and year first above written.
SUBLESSOR:
UNI-MARTS, LLC
By:
Nam
Title
SUBLESSEE:
SAIMA INTERNATIONAL, INC. P
By:
Name Aijaz A Shaikh
Title: President
826288.11 M1105 37
Exhibit A
Prime Lease - See Attached
826288.11 7121/05 A-1
Store #04249
Please be advised that the referenced lease has been assigned and the
current landlord is:
CHRISTOPHER SLIKE &
LISA BROWNING
429 N. ENOLA RD
ENOLA, PA 17025
All other terms and conditions of the lease remain the same except
as noted.
61 ?-d4 9
L E A S E
DONALD E. AND ROSE K. SLIKE, LANDLORD
UNI-MARTS, INC., TENANT
'May 18 , 1989
6896 Carlisle Pike
Mechanicsburg, PA 17055
(New Kingstown, PA)
PARTIES 1. This Lease, made at Harrisburg, Pennsylvania this $
day of May , 1989, by and between DONALD E. SLIKE
and ROSE M. SLIKE, his wife, adult individuals, with
offices at 1302 Slate Hill Road, Camp Hill, Pennsylvania
17011, hereinafter called 'Landlord', and UNI-MARTS,
INC., a Delaware corporation with principal offices at
477 East Beaver Avenue, State College, Pennsylvania
16801-5690, hereinafter called "Tenant'.
PREMISES 2. (a) Landlord hereby leassa to Tenant a new convenience
store to be erected on Landlord's property located at
Route 11 South and Locust Point Road, Silver Spring
Township, Cumberland County, Pennsylvania, containing
.95 acres, more or less, to be known and numbered as
6896 Carlisle Pike, Mechanicsburg, Pennsylvania 17055,
as described in Exhibit "A" attached hereto and
incorporated herein. which convenience store will consist
of approximately 2430 square feet and will be in
accordance with the plans and specifications identified
in Exhibit 'B" attached hereto and incorporated herein.
The real property and improvements hereinabove described
shall hereafter be collectively referred to as the
'Premises".
(b) Notwithstanding the foregoing, Landlord reserves
unto itself, its tenants and/or subtenants, and their
respective agents, employees and invitees, in common with
Tenant, the free and uninterrupted right of from ingress
and egress over the portions of the Premises identified
in red in Exhibit 'A', which right of ingress and egress
shall provide Landlord, its tenants and/or subtenants,
and their respective agents, employees and invitees, with
access to other lands of Landlord not herein leased to
Tenant. To the extent necessary or desirable for its
access to the retained portion of the property, Landlord
may, at its expense, pave portions of the designated
access routes not previously paved. Landlord shall bear
all expenses associated with the improvement, maintenance
or repair of the portion of said access ways not
originally paved for use of Tenant, except to the extent
damages are caused by the negligent or intentional act
of Tenant, its agents, employees or invitees. The use
of the foregoing access ways by Landlord, its tenants
and/or subtenants, and their respective agents, employees
and invitees, shall not be deemed a breach of Landlord's
LEASE ADDENDUM
Uni-Marts, Inc., having exercised this Five (5) Year option to extend its current Lease
Agreement. enters into this Lease Addendum with Donald E. and Rose M. Slilu for the below
referenced location(s). On the effective date. this Lease Addendum shall supercede any previous
addendum or modifications, effecting the store(s) listed below:
Location(s): Hit11 #21/ Uni-Marts 404111 Sunbury, Pa
HMI #31 / Uni ,Mart 4 04112 Race St_ Williamsport Pa.
HMI 439 / Uni-Man 0 04114 Northway Rd. Williamsport. Pa.
ILMI 76 / Uni iMart # 04120 Port Royal, Pa.
HMG #69 / Uni-Mart # 0412 7 Richfield- Pa.
H!vII 026 ; Uni-Mart # 04224 New Cumberland. Pa.
•1?vIIdF3?rtit?•fi423$Ivlecitmmiesbtn??a_._
HMI #34 / Uni-Mart # 04"9 Lemovne. Pa
HMI 4 42 / Uni-Mart # 04235 Dnmcatmon Pa.
HMI #64 / Uni-Mart 04248 St. Thomas, Pa.
HMI #NK / Uni-Iv #0424491vew P, .
HMI #75 / Uni-Matt # 04255 West Fairview. Pa.
Current Lease Term Period: October 1, 1998 - September 30, 2003
Extended Term: The extended term will expire on September 30, 2008. Uni-Marts will have the
option to extend the tetra for One (1) additional Five (5) year term and One (1) additional Four
(4) year terra, expiring September 30, 2013 and 2017 respectfully. Uni-Marts shall notify Lessor,
in writing 6 months prior to expiration date, for each location(s) individually.
Use of Premise: The demised Premise will be used for the operation of a convenience store.
,Any fitture ages in use will require, Lessor written permission, such permission not to be
unreasonably withheld.
Effective !late: October 1. 2002
Rental Payment: The current rent schedule, based o>t4jMIhpercent M of merchandise sales
will be eliminated and replaced with a fitted Rental Payment schedule. Total annual tent shall be
made in equal monthly installments. The new fixed rental payment shall be established by
sating a base year rent. The base year rent shall be the rat paid for the period October 1, 2001
through September 30, 2002. On the effective date, the base rent shall increase bys
percent. (refer to Exhibit "A") The base year rent plus th naease shall constitute the first
year of fined rental payments.
Annual Increase: Beginning on October 1, 2003_ there shall be an annual increase 611FAIPbver
the previous year's rent. Each and even, anniversary date the rent shall increas4Mver the
previous year`s rant.
Page #2 - Februarq 2002
Uni-dart v. Slike Lease Addendum
Other Conditions: All other terns, conditions. and covenants of the original Lease Aereement,
dated October i. 1988 shall remain in effect. -
Witness:
Ai`
y
Landlord:
D E. Slike I date
p CV x 4 oa
Rose M. Slike? date
Attest:
Tenant Uni Inc.:
Henry D. Sahal ian; CEO daze
DONALD E. SLIKE
P. O. Box 292
Camp Hill, PA 17001-0292
(717) 761-2085
Fax (717) 761-0330
TO: Rift Long
Meow of ltad Bache
Ull-Moft IM
Dale: 09.10.04
Fa Number. (914) 234.9712
Number of Pees: 1(mo4dmg ootar dwt)
Mew ahw4p the oddrom an themoetldly not abrA far (hditpbar SMW and Lies Browning r
hooves:
Chsfowlar sials
Lim
429 N. Raols Road
Book% PA 17025
!f Your r,%= pesttsm as exIt address 1me, pbe add "CAD shu rlfee Nf~. if not; do addteu
Aowm above will be tasecisO.
The" ... Man
`fZ Y
7'z '-/ 7
47' z s-/
Y .-S s._
SUL-22-2004 02_03 PM DESHSs.cincrs 717 761 0330 P.01
DONALD E. SLID
ROSE MARIE SLIKE
P. O. Box 292
Camp Hill, PA 17001-0292
(717) 761-2095
Fax (717) 761-0330
TO: sill L M
Date: 07-22-04
Fax Number. 1414.2344712
Number of Pqw. 1(taclu * cover shout)
Hill:
As Per your orhphoue ooaveteedon this with Mott, plane be adviud that the following
stores were ,told to our sou mud dim 0w, Christopher Me and lima B+owrma6:
#64 (#0424$) A lbam % PA
#W(04251) Mt. Holly Springs, PA
*75 (#04255) Want Pmirv . PA
NK (004249) New KftWon, PA
PM1 hn forwarded the aback Uni-Mma no Aa July. 2004, to um, and so please xnd the rear for
Anipa old au ape t mosrda to CM*ow Nft sad Un Browdrj. They both Dave offices m.
my bwWia& aed too you un mod the Omaha to dre sow dhows you h=ero for me - P. O. Box 292,
Crap Hill, PA 17001-0292 - twill dflecao 1 otherwise.
Thmuk YOU for your nsistunoe in this-eraser. Sbodd you have any queedom or require anything
farther, do not heriute to oell.
Y,
MCC
L E A S E
UNI-MARTS, INC., TENANT
October 7, 1988
MASTER COPY
TABLE OF CONTENTS
Lease
Exhibits -
Paraarauh
1. Parties Page No.
1
1
2. Premises 1
3. Term 2
4. Rent 7
5, Use of Premises
6. Sale of Petroleum Products 7
7. Alterations 8
8. Mechanics' Liens 8
9. Condition of Premises 8
10. Assignment and Subletting 9
11. Access to Premises 9
12. Utilities 10
13. Real Estate Taxes 10
14. Building Services 10
15. Repairs and Maintenance 11
16. Common Areas or Charges 12
17. Surrender of Premises 12
18. Indemnification and Liability 13
19. Tenant Liability and Insurance 14
20. Insurance Fire or Casualty 14
21. Representations and Warranties 15
22. Subordination and Attornment and
Nondisturbance 18
23. condemnation 20
24. Estoppel Certificates 20
25. Tenant Default 21
26. Landlord Default 22
27. Accelerated Rent 22
28. Remedies 22
29. Waiver 24
30. Quiet Enjoyment 25
31. Unavoidable Delay 25
32. Right of First Refusal 25
33. Successor 26
34. Governing Law 26
35. Separability 26
36. Captions 26
37. Gender 26
38. Notices 27
39. Jurisdiction 27
40. Brokers 27
41. Execution 27
42. Exhibits 27
43. Entire Agreement 27
44. Recording 27
A Outline of Premises
LEASE
PARTIES 1. This Lease, made at Harrisburg , Pennsylvania
this 7th day of October, 1988, by and between DES
ASSOCIATES, a Pennsylvania general partnership, with
offices at 1302 Slate Hill Road, Camp Hill,
Pennsylvania 17011, hereinafter called "Landlord",
and UNI-MARTS, INC., a Delaware corporation with
principal offices at 477 East Beaver Avenue, State
College, Pennsylvania 16801-5690, hereinafter called
"Tenant".
PREMISES 2. Landlord hereby leases to Tenant a building erected
on Landlord's property located at
outlined on Exhibit
"A", attached hereto and made a part hereof, which
building consists of approximately 2400 square feet,
hereinafter called the "Premises".
UM 3. (a) The base term of this Lease shall commence on
the date first above written (the "Commencement Date")
and terminate at midnight on the 30th day of
September, 1998.
(i) This Lease shall automatically be extended
for an additional five (5) year term ("First
Extension Term") at the end of the base term
unless Tenant shall notify Landlord in
writing no less than six (6) months prior to
the termination of the base term of Tenant's
desire not to extend the term of the Lease
for the said five (5) year period.
(ii) In the event this Lease is extended for the
said First Extension Term as provided in (a)
above, this Lease shall automatically be
extended for a second five (5) year term
("Second Extension Term") beginning at the
end of the First Extension Term unless
Tenant shall notify Landlord in writing no
less than six (6) months prior to the
termination of the First Extension Term of
Tenant's desire not to extend the term of
the Lease for an additional five (5) year
period.
(iii) In the event this Lease is extended for the
Second Extension Term as provided in (b)
above, this Lease shall automatically be
extended for a third five (5) year term
(-Third Extension Term') beginning at the
end of the Second Extension Term unless
Tenant shall notify Landlord in writing no
less than six '(6) months prior to the
termination of the Second Extension Term of
Tenant's desire not to extend the term of
the Lease for an additional five (5) year
period.
(iv) in the event this Lease is extended for the
Third Extension Term as provided in (c)
above, this Lease shall automatically be
extended for a four (4) year term ("Fourth
Extension Term') beginning at the end of the
Third Extension Term unless Tenant shall
notify Landlord in writing no less than six
(6) months prior to the termination of the
Third Extension Term of Tenant's desire not
to extend the term of the lease for an
additional four (4) year period.
(v) All extensions of this Lease, as provided
above, shall be upon the some terms and
conditions as contained in the original
lease period with the exception of rentals
which shall be based upon the rental as set
forth in Paragraph 4 below.
(b) Should the Tenant continue to occupy, use and
retain possession of the Premises after the
termination of this Lease, such occupancy shall be as
a tenant from month-to-month at the same rental and on
the same conditions except as to term as herein
provided.
(c) Notwithstanding the foregoing, Tenant shall have
the right to terminate this Lease on the third
anniversary of the Commencement Date upon at least
six (6) months prior written notice to Landlord.
RENT 4.(a)(i) Beginning on the Commencement Date, Tenant
shall pay Landlord a rental for each Lease
Year equal to the greater of (A) the product
of the Applicable Percentage multiplied by
the Gross sales for each Lease Year or (B)
Thousand Dollars 451MINNIM.
. 2
(ii) Payments of rant with respect to each Lease
year shall be made in monthly installments.
Payments shall be made on October 10 and on
the first day of each other calendar month
during each Lease Year, without offset or
demand, in an amount equal to the greater of
(A) the product of the Applicable Percentage
multiplied by the average monthly Gross
Sales for the immediately preceding October
1 thru September 30? ariod or AJMM?
Thousand Dollars Provided,
that the first installment shall be made on
the Commencement Date and shall be prorated
based on the number of.days in the period
from the Commencement Date thru the and of
the month in which the Comencement Date
falls divided by thirty (30).
(iii) within thirty (30) days after the
expiration of each Lease Year the Tenant
shall furnish to the Landlord a statement
verified by a duly qualified officer of the
Tenant setting forth the Gross Sales made on
the Premises in such Lease year together
with a payment equal to the excess, if any,
of the product of the Applicable Percentage
multiplied by the Gross Sales in such Lease
Year over the aggregate monthly rental
payments made with respect to the Lease
Year, if the aggregate monthly rental
payments made with respect to the Lease Year
exceed the larger of (i) 40111fter (11) the
product of the Applicable Percentage
multiplied by the Gross Sales for the Lease
Year, the excess shall be credited against
rental payments coming due under paragraph
4(a)(ii) above.
(iv) For purposes of this Lease, the following
definitions shall apply:
(A) The term "Applicable Percentage"
shall mean:
(1) For the first Lease Year
_do
• (2) For the second Lease,
year -
(3) For the third Lease Year
and each Lease Year
thereafter during the
term of this Lease or
any Extension Term -1%
(g) The tens "Lease Year' shall mean
the 12-month period beginning on
October 1 of each year and ending
on the following September 30.
Provided, however, that the first
lease Year shall begin on the
Commencement Date and end on
September 30, 1989. If there is a
period at the and of the tern of
this Lease which is less than a
full 12-month Lease Year, then the
shorter period shall be considered
a separate Lease Year.
(c) The term "rrnsa Sales' shall mean
all receipts from the conduct of
all business upon the leased
property including, without being
limited to, the gross sales of
merchandise at or supplied from
the leased property, whether sold
for cash or on a charge or credit
basis, all charges for the
rendition of services on or
supplied from the leased property,
and all sales and business of any
licensees or concessionaires
operating upon the leased
property. Amounts attributable
to sales originally made upon the
leased property and to services
originally contracted for upon the
leased property shall be included
in gross sales even though payment
of the bill for such sales or
services is transferred to another
location for collection, or
deliveries pursuant to such sales
or performance of such services
are effected outside of the
leased property. Amounts
attributable to merchandise
delivered or services performed
upon the leased property, though
contracted for elsewhere, shall
be included in gross sales. In
computing gross sales there shall
be deducted the amount of all
taxes payable by the seller on the
sale of merchandise or services in
or from the leased property under
any federal, state or local law
levying or imposing a tax upon the
sale of merchandise or services,
provided, however, that no
capital stock tax, privilege tax,
or franchise tax, and no income or
similar tax based upon income or
profits as such, shall be deducted
from gross sales. In computing
gross sales there may also be
excluded or deducted receipts
and/or commissions from the sale
on the leased' property of
gasoline, lottery tickets, video
tapes, vending machine sales,
automatic teller machines, and
money orders, and the proceeds of
the sale of any of the Tenant's
fixtures or store equipment used
in and upon the leased property.
There shall also be excluded from
gross sales exchanges of
merchandise between stores of
Tenant or its subsidiaries,
returns to shippers or
manufacturers and cash or credit
refunds made upon transactions
included within gross sales.
(v) The Tenant shall maintain with respect to
the business transacted' in or from the
leased property the same books and records
as may from time to time during the term of
this lease be generally kept with respect to
other stores of the Tenant. Such books and
records shall be maintained at the Tenant's
main office and shall be preserved for the
same length of time as may be the general
practice employed with respect to the other
stores, but not le§s than three years. The
books and records in any event shall be
maintained according to generally accepted
accounting principles and shall contain
sufficient information to permit a
calculation of gross sales. The Landlord
shall have the tight to examine during
regular business hours at the main
accounting office of the Tenant all books
and records of the Tenant in any way
pertaining to business transacted in or
from the leased property.
(vi) The store operated by the Tenant on the
leased property shall employ tape-recording
cash registers or such other sales-recording.
devices commonly used in lieu thereof,
provided such other devices make a permanent
written record of each sale. No sale of any
merchandise or service will be made by the
Tenant without recording the amount paid
therefor on such cash register or other
recording device.
(vii) If upon any examination by the Landlord of
the books or records of the Tenant an error
shall be revealed in`favor of the Landlord
which results in there being due to the
Landlord additional percentage rental in
excess of $100, then the reasonable cost of
such examination shall be paid by the Tenant
to the Landlord.
(viii) Nothing contained in this Lease shall be
construed as creating a partnership or joint
venture between the Landlord and the Tenant
or between the Landlord and any other party;
or cause the landlord to be responsible in
any way for the debts or obligations of the
Tenant or any other party.
(b) Tenant hereby covenants and agrees to pay the
rent hereby reserved as and when due, and also all
sums of money, charges or other amounts required to be
paid by the Tenant to the Landlord or to another
person under this Lease which shall be 'rent" in
addition to the rent provided for herein. Non-payment
of additional rent when due shall constitute a default
under this Lease to the same extent, and shall entitle
the Landlord to the same remedies, as non-payment of
rent.
USE OF 5 (a) Tenant shall use and occupy the Premises for
Purposes of operating a convenience stars- only.
Tenant shall not use or occupy the Premises for any
other purpose or business without prior written
consent of landlord which consent shall not be
unreasonably withheld. Tenant shall maintain any and
all governmental permits or authorities required for
its use of the Premises and to maintain, display and
renew any such permits or permissions as required by
law, ordinance, regulation or otherwise.
The Tenant shall the is let continuously
the uses and purposes for which throughout the year, and shall conduct and operate its
t sleast
business therein during each business day at
hall
from the hours of 7 a.m. to 11 p.m. The
keep the leased property reasonably stocked with
merchandise, and teasonably staffed to serve
customers, comparable to stores doing a similar
business in the vicinity of the leased property. The
Tenant is not required to operate its business during
any time when such operations must be suspended
because of casualty loss to the building, strike,
insurrection, or other cause beyond the control of the
Tenant or when operation is not permitted due to laws
or ordinances which restrict or limit the hours of
operation.
SALE OF
PETROLE14
PRODU 6. It is understood and agreed that one of the uses
authorized by this Lease is the sale of petroleum
products by the Tenant. If facilities for the. sale of
petroleum products do not exist on the Premises at the
commencement of the Lease, Tenant may, after obtaining
any required permits or approvals, install the
necessary equipment for the sale of petroleum
products, said installation shall be at the sole cost
of the Tenant. If such facilities are installed,
Tenant, at its expense, shall maintain such additional
insurance with respect to the operation of such
facilities, including insurance from damage caused y
leakage, as may be normal and customary or required by
law. Such insurance shall name Landlord as an
additional insured. At-the termination of this Lease,
if Landlord requests or if required by law, any and
all underground tanks shall be removed, all surface
equipment shall be removed, and the Premises restored
to its original condition.
PTTrRAT nNS. 7. Tenant shall make .ho alterations, additions or
improvements vements Band sadditionst witfor hout ithe
alterations, im mpro
prior written consent of Landlord, which shall not be
unreasonably withheld. All such alterations,
additions or improvements shall become a pt onfd the
be
Premises when made and shall remain upon
surrendered with the Premises at the and of the term.
Notwithstanding th ns oreg ing Tenant shall have the
right, at its axP
consider
such alterations i willy note ideadversely necessary, affect the
the Premises which structural integrity of the building.
MECHANICS'
?FN?_ B. Tenant shall keep the Premises and the building tee
from any liens arising out of work performed,
materials furnished or obligations incurred by Tenant.
Notwithstanding the foregoing, if any mechanics' or
other lien shall be filed against the Premises
purporting to be for labor or material furnished or to
be furnished at the request of the Tenant, then Tenant
shall at its expense cause such lien to be discharged
of record by payment, bond or otherwise, within twenty
(20) days after the filing thereof. if Tenant shall
fail to cause such lien to be discharged of record
within such twenty-day period, Landlord may cause such
lien to be discharged by payment, bond or otherwise,
without investigation as to the validity thereof or as
to any offsets or defenses thereto, and Tenant shall,
upon demand, reimburse. Landlord for all amounts. paid
and costs incurred including reasonable attorneys'
fees, in having such lien discharged of record.
CONDITION OF
PRE?+ISES 9. (a) Tenant acknowledges and agrees that, except as
expressly set forth in this Lease, there have been no
representations or warranties made by or on behalf of
Landlord with respect to the Premises or with respect
to the suitability of the same for the conduct of
Tenant's business except that the Premises may be used
as a convenience store. The taking of possession of
the Premises by Tenant shall conclusively establish
that the premises were at such time in satisfactory
condition, order and repair.
(b) Landlord shall not be liable in dam&gas or
otherwise for delay 'or failure in furnishing any
services or facilities where such delay or failure is
excusable pursuant to the provisions of Paragraph
falureo
hereof. In no event shall delay o
regardless of cause, constitute an eviction of Tenant
or termination of this Lease, unless caused by
Landlord's negligence.
ASSIGNMENT AND either voluntarily or by
rMa,?re?FTTT?'?- 10. (a) Tenant shall not,
operation of law, assign, transfer, mortgage or
otherwise encumber this lease or sublet the Premises
or permit any part thereof to be used or occupied osy
anyone oawritteenconsentTof nLandlord inyeaerach
without the e prior
instance which consent shall not be unreasonably
withheld. Landlord shall not be required to consent
to a sublease unless Tenant agrees to pay to Landlord
one-half (1/2) of the excess of any moneys received
from subletting over the amount Tenant pays as rent
hereunder on the date of the sublet.
(b) Any transfer of this Lease from Tenant Han ee gein
consolidation s to vote armajany ority of its
ownership or power
outstanding voting stock shall constitute an
assignment for the purpose of this Lease and shall
require the prior written consent of Landlord in each
instance. Landlord shall not be required to consent
unless the assignee agrees that the minimum annual
rental provided for hereunder is based on the-highest
Gross Sales in any preceding Lease Year.
Additionally, if the transfer is to a major oil
company, additional rent shall be payable under each
Lease in an amount equal to one cent ($. 01) for gallon of gasoline sold.
ACCESS TO
puF.MISES 11. Landlord, its employees and agents upon twenty-four
(24). hours advance notice shall have the right to
enter the Premises for - the purpose of examining or
inspecting the same, showing the same to prospective
purchasers and mortgagees, and making such
alterations, repairs, improvements or additions to the
9
Premises as Landlord may deem necessary or desirable.
In the event of an emergency, Landlord may. at any
time, enter forcibly without liability to Tenant and
without such entry constituting an eviction of
Tenant, termination 'of this Lease or a breach of
Landlord's warranty of Quiet Enjoyment.
UTILITIES 12. (a) The cost of all utilities furnished to the
premises, including, without limitation, be cost of
water, gas, electricity and sewerage, shall paid by
the Tenant. Such cost shall include the cost of
maintenance of the quantity and quality of water from
a well and the periodic cleaning of a septic tank if
same service the Premises.
(b) If the utilities provided to the Premises are not
separately metered or billed, Tenant shall pay to
Landlord its proportionate share of such expense based
on the ratio of its leasable square footage to the
leasable square footage of other tenants or such
other reasonable apportionment as the Landlord and
Tenant may make based on estimated usage by all
tenants. Tenant shall reimburse Landlord for any
amounts due not less than fifteen (15) days after
receipt of Landlord's statement therefor.
REAL
ESTATE
TAXES 13. Landlord shall remit all real estate taxes assessed or
levied against the Premises; provided, however, that
Tenant shall reimburse Landlord for all such real
estate taxes and for all other types of taxes which
may be assessed or levied in lieu of real, estate
taxes. Landlord shall provide Tenant with a statement
of real estate taxes due by Landlord with respect to
the Premises. Tenant shall reimburse Landlord for any
amounts due not less than fifteen (15) days after
receipt of Landlord's statement therefor. Landlord
shall promptly after- payment furnish Tenant with a
copy of the receipted hill or other satisfactory
evidence of payment.
BUILDING
VIC 14. Landlord shall not be responsible in any way in the
event that the supply of heat, air conditioning,
water, electricity, plumbing, or any other utilities,
10
is cut off by reason of any cause beyond the control
of Landlord, and Tenant does hereby release Landlord
from any damage which may result by reason of any such
failure of the supply,of such items.
REPAIRS AND
MAINTENANCE 15. (a) Tenant shall keep the Premises, both interior and
exterior. including parking lot, sidewalk, driveways,
roof, heating, air conditioning, plumbing, electrical
system and other equipment in good repair, and
replace all glass broken with glass of equal quality,
and at the and of the term, surrender and deliver the
Premises to the Landlord in good order and condition,
reasonable wear and use only excepted.
(b) Tenant shall be responsible for and pay for the
cost of housekeeping of the Premises, including lawn
and landscaping care, sweeping, snow removal,
lighting, and striping of any parking area.
(c)(i) Landlord represents and garrants to
Tenant that the roof, parking lot, heating
and air conditioning system and mayor
structural elements are in good order and
repair. Provided Tenant notifies Landlord
within 90 days of the commencement of this
lease, Landlord shall perform such repairs
to the roof, parking lot and HVAC as may be
required to comply with the representation
contained in the foregoing sentence. If
said repairs are not completed within 30
days of said notice, Tenant may proceed to
make said repairs and deduct the amount
expended from any rent due or to become due.
(ii) To the extent replacement of the roof,
parking lot, heating and air conditioning
system or major structural elements is
required, landlord shall accomplish same at
Landlord's expense. In the event that
landlord fails to replace such items within
30 days of receipt of certification from an
independent expert of Tenant's choice that
such items are in used of replacement,
Tenant may proceed to have such replacement
made and to pay the cost. The Landlord
shall pay to. Tenant the cost of such
replacement on demand and if not paid,
11
Tenant may deduct the amount expended from
any rent due or to become due.
(d) Except as provided in Paragraph 15(c) above,
Tenant shall make, at' its sole cost and expense, all
repairs necessary to maintain the Premises and the
fixtures therein in neat and orderly condition. If
Tenant refuses or neglects to make such repairs, o
fails to diligently prosecute the same to completion,
after written notice from Landlord of the need
therefor, landlord may make such repairs at the
expense of Tenant and such expense shall be
collectable as additional rent.
(a) Landlord shall not be liable by reason of any
injury to or interference with Tenant's business
arising from the making of any
additions or improvements in or to the Premises or to
any appurtenances or equipment therein. There shall
be no abatement of rent because of such repairs,
alLerations provided in,Paragraphn20 hereof and in Paragraph 15(c)
above.
COMMON
AREAS OR property of
CHARGE 16. If the Premises are part a f for t item nsp specified in
Landlord, and Tenant Pays
Paragraphs 12, 15 and 20 which benefit the entire
property, Landlord shall reimburse Tenant for such
expenditures based on the ratio of the leasable
square footage of landlord's other property over the
total leasable square footage of the property.
SURRENDER OF
?FrTSES_ _ 17. At the and of the term of this Lease, Tenant shall
surrender the Premises to Landlord, together with all
alterations, additions and improvements thereto, in
broom clean condition and in good order and repair
except for ordinary wear and tear and damage for which
Tenant is not obligated to make repairs under this
Lease. If not then in default, Tenant shall have the
right at the end of the term hereof to remove any
equipment, furniture, trade fixtures or other personal
property placed in the'Premises by Tenant, provided
that Tenant promptly repairs any damage to the
Premises caused by such removal.
12
INDEMNIFICATION
axn TiASILI?Y _ I8. (a) Tenant shall indemnify, hold harmless and.defen
Landlord from and against any and all costs, expenses
(including reasonable' counsel fees), liabilities,
losses, damages, suits, actions, fines, penalties,
claims or demands of any kind asserted by or on
behalf of any person or governmental authority,
arising out of or in any way connected with, and
Landlord shall not be liable to Tenant on account of:
(i) any failure by Tenant to perform any of the
agreements, terms, covenants or conditions
of this Lease required to be performed by
Tenant;
(ii) any failure by Tenant to comply with any
statutes, ordinances, regulations or orders
of any governmental authority; or
(iii) any accident, death or pPrsnnal injury, or
damage to or loss or theft of property,
which shall occur I. or about the Premises,
except as the same say be caused solely by
the negligence of landlord, its employees or
agents.
(b) Tenant shall be relieved of its obligation to
indemnify Landlord under Paragraph 18(a)(iii) above to
the extent that, and so long as, Tenant provides, and
maintains in force, insurance for the. benefit of the
Landlord, enforceable by Landlord as a nased insured,
with a carrier and in amounts reasonably satisfactory
to Landlord against the costs, expenses, liabilities,
losses and damages which may arise out of the
occurrences referred. to in Paragraph 18(a)(iii)
above.
(c) Landlord shall indemnify, hold harmless and
defend Tenant from and against any and all costs,
expenses (including reasonable counsel fees),
liabilities, losses, damages, suits, actions, fines,
penalties, claims or demands of any kind asserted by
or on behalf of any person or governmental authority,
arising out of or in any way connected with, and
Tenant shall not be liable to Landlord on account of:
(i) any failure by Landlord to perform any of
the agreements, terms, covenants or
13
conditions of this Lease required 'to be
performed by Landlord;
(ii) any failure by landlord to comply with any
statutes, ordinances, regulations or orders
of any governmental authority; or
(iii) any damages caused to Tenant by reason of
Landlord's negligence.
TENANT
LIABILITY
AND
INSURANCE 19. (a) Landlord shall not be liable for any damage done
to or loss of Tenant's personal property or damage or
loss suffered by the business or occupation of Tenant
arising from any acts or neglect of co-tenants or
other occupants of the building, or of other persons
or from bursting, overflowing or leaking of water or
sewer pipes or from the heating or plumbing fixtures
or from electric wires, or from gas or odors, or
caused in any other manner whatsoever.
(b) Tenant shall maintain comprehensive public
liability and property damage insurance in the amount
of not less than Five Hundred Thousand ($500,000)
Dollars for injury to nDollars for any one accident
One Million ($1,000,000)
or occurrence and not less than one Hundred Thousand
($100,000) Dollars for injury to property. Landlord
shall be named as an additional insured on all
policies of insurance relating to the Premises.
Tenant shall provide Landlord with copies of such
insurance policies and any renewals thereof, such
policies to delivered to landlord within fifteen (15)
days following Tenant's occupancy of the Premises.
All such policies shall provide that they may not be
cancelled without at least fifteen (15) days prior
written notice to Landlord.
INSURANCE
FIRE OR hall carry fire
CASU 20. Landlord, at Tenant's expense, s ry
insurance with all risk, broad form type coverage,
including fire, extended coverage, vandalism and
malicious mischief, collapse, water damage, weight of
ice, sleet or snow and sprinkler leakage, on the
improvements located on the Premises, in solvent and
responsible companies authorized to do business in the
Commonwealth of Pennsylvania in an amount equal to one
14
hundred percent (100%) of the replacement cost of said
improvements. All proceeds from such insurance
policies shall be payable to and held by Landlord or
the holder of a first mortgage on the premises as a
trust fund to be used first, for the purpose of
carrying out Landlord's obligation to repair or
restore the improvements on the Premises.
Upon receipt of statements for premiums due with
respect to said fire insurance with extended coverage,
Landlord will advance such premiums on behalf of
Tenant and immediately advise Tenant in writing of the
amount of the premium so advanced. Within fifteen
(15) days of Tenant's receipt of such notification
from landlord, Tenant will pay and reimburse the
Landlord the actual amount paid by Landlord on account
of such premiums for fire insurance with extended
coverage, covering the improvements on the Premises.
If more than 50% of the Premises shall be damaged by
fire or othax casualty, either party, upon thirty (the
days' written notice to the other,
right to terminate this Lease. If the Lease is not
terminated, or the damage does not affect more than
500 of the Premises, Landlord shall, within one
hundred eighty (180) days, repair the damage and the
rent shall be apportioned and abated until the time
Landlord advises Tenant the Premises are ready for
occupancy.
REPRESENTATIONS
AND
VARRANTIES 21. (s) Landlord represents and warrants to Tenant, which
representations shall survive execution, that as of
the date of execution hereof:
(i) Landlord is the sole owner of a good and
marketable indefeasible estate in fee simple
in the Premises, free and clear of any and
all liens, encumbrances, restrictions,
objections and exceptions which would
prevent or limit Tenant's use of the
Premises for the purposes set forth herein
or Tenant's other rights hereunder, and the
person signing this Lease on behalf of
Landlord has the -full right and power to
execute this Lease and to bind Landlord
without the necessity of obtaining consent
from any other party.
15
under any Hazardous Material Laws or under
any similar applicable laws or regulations;
and (D) Landlord has not permitted and will
not permit any tenant or occupant of the
Center to engage"iu any activity that could
lead to the imposition of liability on such
tenant or occupant, or Landlord or the
creation of a lien on the Center, under any
Hazardous Material Lawn or any similar
applicable law or regulations.
(v) Landlord shall comply strictly and in all
respects with the requirements of airy
Hazardous Material Laws and related
regulations and with all similar applicable
laws and regulations and shall notify Tenant
promptly in the event of any spill or
hazardous substance upon the Center, and
shall promptly forward to Tenant copies of
all orders, notices, permits, applications
or other communications and reports in
connection with any such spill or hazardous
substance or any other matters relating to
any Hazardous Material Laws or related
regulations or any similar applicable laws
or regulations, as they may affect the
Center.
(vi) All future leases at the Center shall
contain a provision prohibiting the deposit,
storage, disposal, dumping, spilling,
leaking or other placement or release by
tenant upon or in the Center of a hazardous
or toxic waste, waste product or substance
as defined in 42 U.S.C. $9601 or as defined
in any other statute, rule, or regulation of
any governmental authority.
(vii) No changes or alterations will be made by
Landlord to or with respect to the Center
thereof or any, portion thereof so as to (A)
reduce the number of parking spaces that are
currently available to the Premises or (B)
adversely and materially affect pedestrian
or vehicular access to and from the Lease
Premises, without the prior written consent
of Tenant.
(viii) As of the date of this Lease Landlord has
received no notices of condemnation or
17
violations of applicable laws, orders. rules
or regulations relating to the
(b) Tenant represents and warrants to Landlord, which
representations shall'survive execution:
(i) Tenant shall comply strictly and of in all
any
respects with the reqi o
Hazardous Material Laws and related
regulations and with all similar applicable
laws and regulations and shall notify
Landlord promptly in the event of any spill
or hazardous substance upon the Center, and
shall promptly forward to Landlord locopies of
cations
all orders, notices, permits, applications
or other coumunica ion and reports in
connection with any such spill
substance or any other matters relating to
any Hazardous Material Laws or related
regulations or any similar 'applicable laws
or regulations, as they may affect the
Center.
SUBORDINATION
AND
ATTORNMENT
AND
22
'
'
(a) Except to the extent they interfere with Tenant's
.
?1RBANCE
NONDIS
1 of the Premises under the Lease, Tenant accepts
use
this Lease subject and subordinate to any first
r mortgages (including, without limitations,
mortgage o
and
the notes or other obligations secured thereby
onsolidations,
c
and all renewals, modifications, o
replacements or extensions of any such mortgages or
secured thereby) now in
i
ons
the notes or other obligat
existence or hereinafter made from time to time,
the building or the real
t
l
o
e
affecting the fee tit
erty on which the building is located (or any part
ro
p
p
thereof) or Landlord's interest therein. Tenant also
accepts this Lease subject and subordinate to all
f fee title to the building
instruments in the chain o
which the building is located,
or the real property on
nd all renewals, modifications,
including any a
consolidations, replacements or extensions of such
acknowledge and
te
,
instruments. Tenant shall execu
r to the holder of any such mortgage or to any
li
ve
de
of the parties to such instruments, at any time upon
demand by such holder or by any such party, any
other documents that may be
releases, certificates or
18
required by such holder or by any such party, for the
purpose of evidencing Inthe struments subordination
to a? renewals,
to such mortgages
modifications, consolidations, replacements or
extensions thereof. In the event of a sale under any
mortgage (or any note or other obligation secured
thereby) to which this Lease is subordinate, or a
taking of.possession of the Premises by the mortgagee
or other person acting for or through the mortgagee
under any mortgage to which this Lease is subordinate,
then, and upon the happening of any, such events,
Tenant shall at
ptorn arty who, butdfor recognize s this Leas , would be
hereunder the p ty
entitled to possession of the Premises.
(b) An a condition of the subordination set forth in
(a) above, such mortgage shall contain a covenant
binding upon the holder thereof, or a separate
agreement which shall be entered into with Tenant and
the holders of the mortgage to be recorded with such
mortgage or other security agreement to the effect
that:
(i) So long as Tenant observes the terms of this
Lease, its rights of possession to the
premises under the terms and provisions of
the Lease will not be affected or disturbed
by the mortgagee in the exercise of any of
it rights under the mortgage or other
security agreement for the bond or note or
debt secured thereby;
(ii) If the mortgagee comes into possession or
ownership of the Premises by foreclosure or
otherwise, this Lease shall continue in
effect and shall not be terminated by any
such proceeding:
(iii) If the Premises are sold or otherwise
disposed of pursuant to any right or power
contained in the mortgage or other security
agreement or the bond or note secured
thereby, or as a result of proceedings
thereon, the purchaser shall take title
subject to this Lease and all the rights of
Tenant hereunder;
(iv) In the event the buildings and improvements
on the Premises are damaged by fire or other
casualty, for which loss the proceeds
19
payable under the insurance policy or
policies are payable to the mortgagee, such
insurance funds when paid. of sl be repair ma and
available for the purpose
restoration as provided in this Lease: and
(v) The agreement shall be binding upon the
Landlord's mortgagee and his respective
heirs, executors, administrators, successors
and "signs.
Notwithstanding the foregoing, to the extent the
Premises are on the data of this lease, subject to a
mortgage which does not most the above requirements.
Landlord shall only be required to use its best
efforts to obtain an appropriate separate agreement of
the mortgagee.
GONDFNNATIOIQ 23. If the whole of the Premises shall be condemned or
taken either permanently or temporarily for any public
or quasi-Public use or purpose, under any statute or
by right of eminent domain, or by private purchase in
lieu thereof, then in that event, the term of this
Lease shall cease and terminate from he date d of title
vesting in such proceeding or purchase shall have no claim against Landlord for the value of
any unexpired term of said Lease, and shall release
unto Landlord any such claim it may have v oaagainst ththe
e
condemnor. In the event a portion only
Premises or s portion of the building containing same
shall be so taken (even though the Premises may not
have been affected by the taking of some other portion
of the building containing same). Landlord say elect
to terminate this Lease from the date of title vesting
in such proceeding or purchase or Landlord may elect
to repair and restore, at its own expense, the portion
not taken.
ESTOPPEL
r.1MILE CATES 24. Tanant shall, at any time an from timer to time,
within twenty (20) days following written
landlord, execute, acknowledge and deliver to Landlord
a written statement certifying the date to which the
rent reserved hereunder has been paid, and certifying
that there are not, to Tenant's knowledge, any uncured
defaults on the part of Landlord hereunder, or
specifying such defaults if any are claimed. prospective uch
statement may be relied upon by any p
20
purchaser or mortgagee of all or any part of the
building or real property on which the building is
located. Tenant's failure to deliver such statement
within said twenty-day period shall be conclusive upon
Tenant that this Lease is in full force and effect and
utgeodified, and that there are no uncured defaults in
Landlord's performance hereunder.
TAT 25. The occurrence of any of the following shall con-
e
statute a material default and breach of this lease by
Tenant:
(a) The vacation or abandonment of the Premises
by Tenant;
(b) A failure by Tenant to pay the rent reserved
herein, or to make any other payment
required to be made by Tenant hereunder,
cabers such failure continues for ten (10)
days after the date such payment was due;
(c) A failure by Tenant to observe and perform
any other provisions orcovenants this
Lease to be observed or performed Y Tenant,
where such failure continues for thirty (30)
days after written notice thereof from
Landlord to Tenant provided, however, that
if the nature of the default is such that
the same cannot eriod bT Tenant shall not be
such thirty-day p
deemed to be in default if Tenant shall
within such period commence such cure and
thereafter diligently prosecute the same. to
completion;
(d) The making by Tenant of any assignment for
the benefit of creditors; the adjudication
that Tenant is bankrupt or insolvent; the
filing by or against Tenant of a petition
for reorganization or arrangement under tany
he
law relating to bankruptcy (unles s, in case of a petition filed against. Tenant, the
same is dismissed within sixty (60) days
after the filing thereof): the appointment
of a trustee or receiver to take possession
of substantially all of Tenant's assets
located in the Premises or of Tenat's
interest in this Lease (unless possession
21
restored to Tenant within thirty (30) days
after such appointment); or the attachs»nt,
execution or levy against, or other judicial
seizure of, substantially all of Tenant's
interest in thii'Lease (unless the same is
discharged within thirty (3D) days after
issuance thereof).
LANDLORD
np.Fk ? 26. Landlord shall not be deemed to be in default in the
performance of any obligation required to be performed
by Landlord hereunder unless and until it has failed
to perform such obligation within thirty (30) days
after written notice thereof from Tenant to Landlord;
provided, however, that if the nature of Landlord's
obligation is such that more than thirty (30) days are
required for its performance, then Landlord shall not
d
be deemed to be in default if it shall commence such
performance within such thirty-day period
thereafter diligently prosecutes the same to
completion.
ACCELERATED
?pT 27. In the event of any default or breach of this Lease by
Tenant as set forth in Paragraph 25 hereof, the rent
for the entire unexpired portion of the term of this
Lease based on the Cross Sales being used to calculate
rent under Paragraph 4(b), hereof, at the time of the
default or breach and the Applicable Percentage which
would be in effect during the Lease Years in such
unexpired term shall, at Landlord's option, thereupon
immediately become due and payable, discounted to its
present value. For the purposes of this paragraph,
"present value" shall be computed by discounting at a
discount rate equal to one percentage point above the
discount rate then in effect at the Federal Reserve
Bank nearest to the Premises. Tenant shall be
obligated for such accelerated rent regardless of
which, if any, of the remedies provided in Paragraph
28 hereof or provided by law Landlord elects to
pursue, except that if Landlord elects to terminate-
this Lease as provided in Paragraph 28 hereof. Tenant
shall not be obligated for any rent accrued beyond the
date of such termination.
REMEDIES 28. In the event of any material default or breach of this
lease by Tenant as set forth in Paragraph 25 hereof,
Landlord, at its option, may terminate this Lease upon
22
and by giving written notice of termination to Tenant,
or Landlord, without terminating this Lase, may at
=y time after such material default or breach,
without notice of demand additional to that provided
in Paragraph 25 hereof, and without limiting Landlord
in the exercise of mW other right or remedy which
Landlord an he baforesaid o rigsuch ht default
termination),
(other than
exercise any one or more of the remedies hereinafter
provided by law, all of such remedies (whether
provided herein or by law) being cumulative and not
exclusive:
(a) Landlord may enter the Premises (with or without
process of law and without thereby incurring any
liability to Tenant and without such entry
constituting an eviction enant of the or termination raof
this Lease) and take possession
all personal property of every kind on the Premises,
ad Landlord may (i) apply against the accelerated
rent and the expenses, including attorneys' fees,
which Landlord may have incurred in connection with
such repossession, either the value of such personal
property or the proceeds, after selling expenses, from
the sale of such personal property, whichever Landlord
chooses to do, and (ii) at any time and from time to
time relet the Premises or any part thereof or such
account of Tenant, for such terms, upon
conditions and at such rental as Landlord may deem
proper. In the event of such reletting, (a) Landlord
shall receive and collect rent the against therefrom and shall
as
first apply
Landlord say have incurred in recovering possession of
the Premises, placing the same in good order and
condition, altering or repairing, commissions and
charges, including attorneys' fees, which Landlord may
have paid or reletting, and then shall apply such rent
against the accelerated rent, and (b) Landlord may
execute any lease in connection with s as such rolett rd g may
Landlord's name or in Tenant's name, y
see fit, and the tenant of such reletting shall be
under no obligation to see to the application by
Landlord of any rent collected by Landlord, nor shall
Tenant have any right to collect any rent under such
reletting. No re-antry by Landlord shall be deemed to
be an acceptance of a surrender by Tenant of this
Lease or of the Premises.
(b) Tenant does hereby authorize and empower any
attorney of any court of record within the United
23
states, to appear for Tenant, and for any other person
claiming under, by or through Tenant, and confess
judgment forthwith against Tenant and such other
person and in favor of Landlord, in an amicable action
of ejectment for th Promises, all together with
!ef and
hereditament and appurtenances
equipment installed therein, and the Tenant further
authorizes the immediate issuance of a writ of
possession upon a praecipe•therefor by the plaintiff's
attorney and the Tenant hereby waives any and all
right of stay of execution and releases to the
Landlord all procedural errors and defects
causing said
in entering said action or judgment or in thereon or
writ to issue or in any proceeding
concerning the ease and agrees that no writ of error,
objection or exception will be made or taken thereto.
The entry of judgment under the foregoing warrants
shall not exhaust the warrants, but successive
judgments may be entered thereunder from time to time
as often as defaults occur.
VAIVER 29. The failure or delay on the part of either party ses
enforce or exercise at any time any Of the Provisions,
rights or remedies in this Lease shall in no way be
construed to be a waiver thereof, nor in any way to
affect the validity of this Lease or any part hereof,
or the right of the party to thereafter enforce each
and every such provision, right or remedy. No waiver
of any breach of this Lease shall be held to be a
waiver of any other or subsequent breach. The receipt
by Landlord of rent at a time when the rent is in
default under this Lease shall not be construed as a
waiver of such default. The receipt by Landlord of a
lesser amount than the rent due shall not be construed
to be other than a payment on account of the rent then
due, nor shall any statement on Tenant's check or any
letter accompanying Tenant's check be deemed an accord.
and satisfaction, and Landlord may accept such payment
without prejudice to Landlord's right to recover the
balance of the rent due or to pursue any other
remedies provided in this Lease. No act or thing done
by Landlord or Landlord's agents or employees during
the term of this Lease shall be deemed an acceptance
of a surrender of the Premises, and no agreement to
accept such surrender shall be valid unless in writing
and signed by Landlord.
24
QUIET
g7J0YMF.NT 30. If and so long as Tenant pays the seat reserved all of the
hereunder and observes and performs
Tenants part
covenants, conditions and provisions to be observed and performed hereunder, Tenant shall
and may peaceably and quietly have, hold and enjoy the
Premises for the entire term hereof, subject to all of
the provisions of this Lease.
UNAVOIDABLE
pav 31. In the event that either party shall be delayed or
hindered in, or prevented from, the performance of awl
work, service or other acts required under this Lease
to be performed by the party and such delay or God,
hindrance is due to strikes, lockouts, acts tion,
governmental restrictions, enemy act, civil other causes of
unavoidable fire or other casualty, or
a like nature beyond the control of the party so
delayed or hindered, then performance of such work,
service or other act shall be excused for the period
of such delay and the period for the performance of
such work, service or other act shall be extended for
a period equivalent to the period of such delay. In
no event shall such of this aParagraph termination shall
this Lease. The provisions
not operate to excuse Tenant from the prompt payment
of rent.
RIGHT OF
FIRST REFUSAL 32. Landlord hereby grants Tenant a Right of First Refusal
to purchase the Premises during the base term of this
Lease and any Extension Term as described in Paragraph
3(a) ('Refusal Period"). In the event Landlord
receives a bonafide written offer to purchase from a
third party within the Refusal Period that Landlord is
willing to accept, Landlord shall forward a true copy
of said offer to Tenant. In the event Tenant does not
accept the offer within ten (10) days following
receipt of same, this Right of First Refusal shall
expire and lapse and Landlord shall be free to sell
according to the terms of the offer. In the event the
terms of the offer are materially changed thereafter,
Landlord shall resubmit the offer to Tenant pursuant
to the terms hereof. The Affidavit of Landlord to the
bonafide purchaser shall be deemed to be conclusive
evidence of Tenant's failure or refusal to accept the
offer. If landlord elects not to sell pursuant to the
offer, the Tenant's Right of First Refusal shall not
25
aspire and shall continue during the Refusal Period.
potvitbstandiog the foregoing, the Right of First
Refusal shall not arise with respect to a transfer by
Landlord to a spouse, lineal descendant, and/or spouse
of a lineal descendant of Landlord, or to an entity in
which Landlord or a spouse, lineal descendants and/or
the spouse of a lineal descendant own a fifty percent
(50%) or greater interest (a Related Party), however,
the Premises shall remain subject to the Right of
First Refusal in the hands of such Related Party.
SUCCESSOR 33. The respective rights and obligations provided in this
Lease shall bind and shall inure to the benefit of the
parties hereto, their legal representatives, heirs,
successors and assigns; provided, however, that no
rights shall inure to the benefit of any successor of
Tenant unless Landlord's written consent for the
transfer to such successor has first been obtained as
provided in Paragraph 10.
ggyMJuING L&Z 34. This Lease shall be construed, governed and enforced
in accordance with the laws of the Commonwealth of
Pennsylvania.
SFrnuabJ= 35. If any provision of this Lease shall be held to be
invalid, void or unenforceable, the remaining
provisions hereof shall in no way be affected or
impaired and such remaining provisions shall remain in
full force and effect.
5APTIONS 36. Marginal captions, titles or exhibits and riders and
the table of contents to this Lease are for
convenience and reference only, and are in no way to
be construed as defining, limiting or modifying the
scope of intent of the various provisions of this
Lease.
GENDER 37. As used in this Lease, the word 'person' shall mean
and include, where appropriate, an individual,
corporation, partnership or other entity; the plural
shall be substituted for the singular, and the
singular for the plural, where appropriate; and words
of any gender shall mean and include the other gender.
26
NOTICES 38. All notices required or permitted hereunder shall be
deemed sufficiently given if sent by registered mail
addressed to the Landlord or Tenant, as the case may
be, as follows:
To Landlord: DES Associates
1302 Slate Hill Road
P. 0. Box 292
Camp Hill, PA 17011
To Tenant: Uni-Harts, Inc.
477 East Beaver Avenue
State College, PA 16801-5690
Either party may change its address by notice so given
to the other.
.NRISDICTION 39. Tenant hereby agrees and consents to jurisdiction in
Cumberland County, Pennsylvania.
BROKERS, 40. Tenant hereby certifies that no real estate broker has
or will represent it in this transaction and that no
finder's fees have been earned by a third party.
EXECUTION 41. This Lease shall become effective when it has been
signed by a duly authorized officer or representative
of each of the parties and delivered to the other
party. This Lease is being executed simultaneously in
two (2) counterparts, one (1) of which shall be
delivered to Tenant. Each of such fully executed
counterparts shall be deemed original and it shall not
be necessary in making proof of this Lease to produce
or account for more than one such counterpart.
EXHIBITS 42. Attached to this Lease and made part hereof, and
initialed on behalf of both parties simultaneous with
the execution of this Lease, is Exhibit A.
ENTIRE
AGREEMENT 43. This Lease, including the Exhibit hereto, contains
all the agreements, conditions, understandings,
representations and warranties made between the
parties hereto with reepect to the subject matter
hereof, and may not be modified orally or in any
manner other than by an agreement in writing signed by
27
both parties hereto or their respective successor in
interest.
RRC(MM
44. This Lease shall not be recorded in any public office
in Pennsylvania or elsewhere.
IN WITNESS WHEREOF, the parties hereto, intending to be
legally bound, have duly executed this Lease and have
initialed the Exhibits and any Riders hereto, in four
counterparts the day and year first above written.
WITNESS:
7
LANDLORD:
DES ASSOCIATES
Jd-
By,
Do ld E. Slike, Partner
By,. I6u I"
Rose H. Slike, Partner
TENANT:
ATTEST: UNI-HARTS, IN .
By:
Secretary ce) President
(SZAL)
28
COMMONWEALTH OF PENNSYLVANIA .
SS:
COUNTY OF DAUPHIN
On this, the 7th day of October, 1988, before me, the
undersigned officer, personally appeared Donald E. Slike and Rose M.
Slike, who acknowledged themselves to be the Partners of DES Associates, a
Pennsylvania general partnership, and that they as such Partners, being
authorized to do so, executed the foregoing Lease for the purposes therein
contained by signing the name of the Partnership by themselves as
Partners.
IN WITNESS WHEREOF, I hereunto set my hand and official seal.
N ry Public
My Commission Expires:
(SEAL)
NOTARIAL SEAL
Public
YVONNE R FREET, County
Harrisburg, 011 n ou
MV commission EsPMes JuM 111, i9so
COMMONWEALTH OF PENNSYLVANIA
SS:
COUNTY OF DAUPHIN
On this, the 7th day of October, 1988, before me, the
undersigned officer, personally appeared J. Kirk Gallaher, who
acknowledged himself to be the Vice President of Uni-Marts, Inc., a
Delaware corporation, and that he as such Vice President, being
authorized to do so, executed the foregoing Lease for the purposes
therein contained by signing the name of the corporation by himself as
Vice President.
IN WITNESS WHEREOF, I hereunto set my hand and official seal.
Not y Public
My Commission Expires:
(SEAL)
[,ENOTAFRAL
SEAL
FREET, Notary Public
rg, Dauphin County
on Raoir? ssWa 1g, l 9
NOV-03-2004 03:10 PM DESAss- iates 717 761 0330 P.13
NKi 1u Gh
Buyer to grant a Right of First Refusal for both tracts to:
Donald E. Slike, Rose Marie Slike, Christopher L. Slike and/or Lisa Ann Browning
TRACT No. 11
ALL THAT CEATAIM tract of land situate in the Township of
Silver Spring, County of Cumberland and State of Pennsylvania,
ticularly bounded and described as follows, to wits
more par
BEGINNING at an iron pin in the southerly limit of the
A
If) right-of-way line of O.S. Route 11 westbound MR. 34
westbound); thence by lands now or formerly of Farmers Trust
'
_ Company, south nineteen degrees fifty-eight minutes East (S 19
56' E), 317.57 feet to an iron pin in the line of lands now or
30b formerly of Thomas C. Sunday and Sherryl A. Sunday; thence by
lands of the some, South seventy-two degrees twenty-eight
minutes fifteen seconds West (5 72' 201 150 W), 365.26 feet to
s pin in the line of lands now or formerly of Richard W.
Snyder; thence by lands of tame and lands now or formerly of
tt.B. Church of Mew Wingstown and lands now or formerly of
E
.
Marian Penicle, Worth twenty-three degrees zero minutes West (M
23' 00' W), 391.52 feet to an iron pin in the southerly limit
of the right-of-way line of U.S. saute 11 westbound (L.S. 34
wastbound); thence by same in an easterly direction by a curve
i to the right having a radius of 2,754.79 feet, an arc distance
of 338.08 feet to a point in said right-ef-way; thence by same,
North eighty-six degrees thirty-nine minutes twenty seconds
Last (M 66' 39. 20" E), 58.25'feat to the place of RLOMMING.
BEING Lot NO. 2 of the hereinafter mentioned plan of lots.
The aforementioned description is made in accordance with the
survey made by John C. Brilbart, Registered Surveyor, dated
'
said survey is
June S, 1993, and revived August 24, 1923,
recorded Cumberland County Plan Book 44, Page 111.
TOGETHER with a 15-foot wide right-of-way located along the
eastern boundary of other land of Thomas C. Sunday and Sherryl
A. Sunday, husband and wife (of which the tract herein conveyed
was once a part). for public sewer, water and Was lines. The
construction for and maintenaoae of such lines shall be the
responsibility of the Grantee herein.
TRACT 110. 21
FOce.--a ALL THAT CERTASM lot of ground situate in the Township of
Q6('a• Silver spring, County of Cumberland and State of Pennsylvania,
bounded and described as followse
OW432 PO 95
Seller: Christopher L. Slike and Lisa Ann Browning
N0V-03-2004 03:11 PM DESAasociatea 717 761 0330 P.14
8210IN j= at a point in the SONt" ft pPublliic "&a e?bnsn r
northward from the hate Silhwa .
a rcosner and lands or fo?rmeerly of Lloyd Bender and ice
hnortheast his inwit*, said tersection point A 141feot l wide feet alnorthward ky with them
the
aforementioned Public Road; thence along lands now or formerly
of said Lloyd A. sender and Alice N. Under, his wife, North
aixty-seven and one-half degreee East (N 67 1/2' E), 166 feet
to line of la_ndlands s now n or formerly of Charles N. Sunday; thence
along line North twenty two and one-quarter degrees aWest (Nl22 1/4* W) •
562.2 feet to a post; thanes by line at right angles to the
to^ an iron pin one-quarter
Public Road a 671/a' nNdl, 14 South feet sixty-seven
in the
degrees West (s
center line of said Public Road, South twenty-two and
one-Quarter degrees East to 22 1/4' E), 500.3 feet to a point,
the place of BEGINNING.
EXCEPTING, nevertheless, from Tract No. 2 above described, the
public and private rights in the roadbed of North Locust Point
Road and the public and private rights in the roadbed of U.S.
Route 11 west, as granted by instrument dated March 14, 1967,
and recorded May 1, 1967 in Cumberland County
Page 366.
further EXCEPTING the obo"
land of
section
lying North of thecenterrlineeof the wastboud ? 2 all t
land lying
D.S. Route 11, which was conveyed by David 0. Johnson and w1fa,
to Robert E. Deihl and wife, by deed dated October 14, 1995,
and recorded November 14, 1945, in Cumberland County Dead Hook
P, Volume 31, Pala 234.
BEING the same premises which Kenneth P. Caffrey, Jr. and Vicky
N. Caffrey, his wife, by deed dated November 10, 1906, recorded
November 13, 1946, in Cumberland County Deed Book 32, Volume E
665, granted and conveyed unto GBBG Associot n' a Pennsylvania
general partnership, Grantor herein. jjj
it
1
Seller. Christopher L. Slike and Lis& Ann Browning
a
m
M
M
9
?o
r-
r-
N
4
tl
0
r,
A
a
N
w
F
E
a
N
ro
m
a
m
m
N
I
M
0
i
0
z
i
1 2?84j9 ?^ 7 -.? `.
?A J
D o' & ?,o S Pte{ ?'??
0 KEG C *1° 3 at . ?F `?lr
s, u m?
g•-o f ?4
VIP
? +/, ?? 1 ? iSl V
lV'.r
Ni
PtAV of pftopt:2TUl 1FbQ.
C1R ,
'•t S«?E¢ gpQ,>uC?i TowuSN,(?
• DR aAFFfnls?£2oER ASCO[IS=fS CIL?,'S?{.ANL) Cpt111T•(, PEKas?(WAUt?
SC4r`E ? ;" • {ono' Sf (KJ E SIR E Q {j ,{904•
EuCa?ufERS? ?ya2vEyolti
Comp NI?l. QEw1aSyLVAr.itA
3sz•uw
Exhibit B
Third Party Leases
826288.11 721/05 B-1
Exhibit C
Additional Covenants of Sublessee, per Section 12
[Insert here any covenants appropriate to the transaction which are not
included in the Prime Lease or the base Sublease form.
If this sheet remains, there are no such provisions.]
826288.11 7/21,105 C-1
Exhibit D
Form of Estoppel, Subordination, Nondisturbance and Attornment Agreement
Recording requested by and
when recorded return to:
ESTOPPEL, SUBORDINATION, NON-DISTURBANCE AND
ATTORNMENT AGREEMENT
THIS ESTOPPEL, SUBORDINATION, NON-DISTURBANCE AND
ATTORNMENT AGREEMENT (this "Agreement"), is made as of , 200,, by
and among a ("Tenant"), whose address is
Uni-Marts, LLC, a Pennsylvania limited liability company
("Landlord"), whose address is 477 East Beaver Avenue, State College, Pennsylvania
16801-5690, and , a
("Lender"), whose address is
RECITALS
A. Landlord and Tenant are parties to a sublease dated as of _
20 (the "Lease"), wherein Tenant leases certain real property legally described on the
attached Exhibit A and certain improvements located thereon (said real property and
improvements being hereinafter collectively referred to as the "Premises").
B. The Premises is encumbered by that certain
from the fee owner of the Premises, Uni Realty of
Luzerne, L.P., and held by Lender (together with (i) any and all increases, renewals,
modifications, extensions, substitutions, replacements and or consolidations thereof or of the
Note (hereinafter defined) and (ii) any future mortgage or encumbrance affecting the Premises
held by or made for the benefit of Lender and/or its successors and assigns, the "Mortgage")
securing that certain promissory note dated as of the date of the Mortgage payable to the
order of Lender with respect to the Premises (the "Note"), which Mortgage has been
recorded, or is to be recorded contemporaneously with the recording of this Agreement, in the
records of the county recorder where the Premises is located.
926288 11 9n1o5 D-1
C. Tenant has agreed to recognize the rights of Lender in accordance with the
terms and provisions of this Agreement with respect to the Premises and has further
certified to and agreed with Lender as to certain matters with respect to the Lease as more
particularly set forth herein.
NOW, THEREFORE, in consideration of the premises and for other good and
valuable consideration, the receipt and sufficiency of which is hereby acknowledged, the
parties hereto mutually covenant and agree as follows:
Subordination.
A. Notwithstanding anything to the contrary contained in the Lease, the
Lease and the leasehold estate created thereby is hereby declared to be, and hereafter shall
continue at all times to be, junior, subject and subordinate, in each and every respect,
to the Mortgage, including, without limitation, (i) any and all increases, renewals,
modifications, extensions, substitutions, replacements and or consolidations of the Note or the
Mortgage and (ii) any future mortgage or encumbrance affecting the Premises held by or
made for the benefit of Lender and/or its successors and assigns. The foregoing
subordination is effective and self-operative without the necessity for execution of any
further instruments.
B. Tenant hereby covenants with Lender that Tenant will not cause the
Lease to be subordinated to any interests other than those held by or made for the benefit of
Lender and/or its successors and assigns without prior written notice to and prior written
consent of Lender.
C. At any time at the election of Lender, Lender shall have the
right to declare the Lease superior to the lien, provisions, operation and effect of the Mortgage.
2. Nondisturbance. So long as Tenant is not in default, beyond any applicable cure
period, in performance of the terms, provisions and conditions contained in the Lease:
A. Tenant shall not be named or joined in any foreclosure or other
proceedings to enforce the Mortgage unless such joinder be required by law in order to pursue
such foreclosure or other proceedings;
B. Enforcement of the Mortgage shall not terminate the Lease or disturb
Tenant in the possession and use of the Premises; and
C. In the event of any foreclosure or other proceeding instituted for
enforcement of the Mortgage or in case Lender takes possession of the Premises pursuant to any
provision of the Mortgage, the Lease shall continue in full force and effect as though
such proceeding or action had not occurred.
926298 11 7R 1 /OS D-2
3. Attornment. Notwithstanding the foregoing subordination, if the interest of
Landlord under the Lease shall be transferred by reason of foreclosure or other
proceedings (judicial or non judicial) for enforcement of the Mortgage or by reason of
a deed in lieu of foreclosure, Tenant, at the election 'of the transferee and its successors
and assigns (herein and hereafter together called the "Purchaser") acquiring said interests,
shall be bound to the Purchaser pursuant to all of the terms, covenants and conditions of
the Lease for the balance of the term of the Lease then remaining and any extensions or
renewals thereof which may be effected in accordance with any option therefor in the
Lease, with the same force and effect as if the Purchaser were the original landlord under
the Lease, and Tenant does hereby attorn to and agree to attorn to the Purchaser, as its
landlord, said attornment to be effective and self-operative without the necessity for execution
of any further instruments, upon Purchaser's election after succeeding to the interest of the
Landlord under the Lease.
4. Further Acts. Notwithstanding any provisions contained in Sections 1, 2 and 3
above which state that the attornment, non-disturbance and subordination by Tenant to Purchaser are
effective and self-operative without the execution of any further instrument, Tenant agrees that,
upon request of Lender and/or Purchaser, it will execute such written agreement to evidence and
affirm any and all of Tenant's obligations under this Agreement, and further, Tenant agrees that it
will execute from time to time such further assurances and estoppel certificates as may
reasonably be requested by Lender and Purchaser. Without limiting the generality of the
foregoing, if and to the extent that Landlord rejects the Lease in any federal or state
proceeding, Tenant will immediately enter into a new lease directly with the Purchaser on the
same terms as the lease, provided execution of such new lease does not violate any bankruptcy
law or related court order.
5. Limitation. Neither Lender nor any Purchaser shall be:
A. liable for any act or omission of Landlord or any prior landlord (including
the loss or misappropriation of any rental payments or security deposits);
B. subject to any credits, claims, setoffs, offsets or defenses which Tenant
may have against Landlord or any prior landlord;
C. bound by (or responsible for) any advance payment of rent or any other
monetary obligations under the Lease to Landlord in excess of one month's prepayment thereof
in the case of rent, or in excess of one periodic payment in advance in the case of any other
monetary obligations under the Lease;
D. responsible for any security deposit not actually received by Lender or
any Purchaser;
E. bound by any amendment, assignment (in whole or in part), subletting,
extension, renewal or modification of the Lease to which Lender or Purchaser has not consented in
926288,11 7/21105 D-3
writing, and any attempted amendment, assignment (in whole or in part), subletting, extension,
renewal or modification of the Lease without said consent shall be null and void and of no force
and effect;
F. liable for latent and/or patent defects in the construction of the Premises;
G. liable for any breach of any warranty in the Lease by Landlord or a prior
landlord.
H. bound by any obligation to repair, replace, rebuild or restore the Premises,
or any part thereof, in the event of damage by fire or other casualty, or in the event of partial
condemnation, beyond such repair, replacement, rebuilding or restoration as may be
required of the landlord under the Lease and as can reasonably be accomplished with the use of the
net insurance proceeds or the net condemnation award actually received by or made available
to Lender (as successor in interest to Landlord) or Purchaser; or
1. required to remove any person occupying the Premises or any part
thereof. Neither Lender nor any Purchaser shall be liable for any reason for amounts in excess of
the value of its interest in the Premises, or for consequential or punitive damages of any kind.
6. Notice. Tenant agrees to give prompt written notice to Lender (and to any
successor in interest to Lender of which Tenant has been notified) of
A. any default of the Landlord under the Lease if such default is of such a
nature as to give Tenant a right to terminate; the Lease, reduce rent or to credit or offset any
amounts against future rents; and
B. any attempt by the Landlord (including any successor or assignee of the
Landlord) to amend, modify, terminate, or render void the Lease.
7. Cure. If, within thirty (30) days after receipt of written notice from Tenant,
Lender, at Lender's sole option, commences to cure a default of Landlord under the Lease that is
capable of being cured by Lender, or commences to pursue any other of its remedies under the
Mortgage and thereafter diligently pursues such cure to completion, Tenant agrees not to
terminate the Lease, reduce rent, credit or offset against future rents, consent or acquiesce in the
termination of the Lease or surrender the Premises and agrees to continue to be bound by the
terms of the Lease and this Agreement.
8. Waiver. As against Lender and its successors in interest, Tenant hereby waives
any default by Landlord which is not capable of being cured by Lender in the exercise of
reasonable diligence.
9. Payments of Rent to Lender. Landlord absolutely assigns to Lender all payments of
rent as the same are due under the Lease (the "Rent") and Tenant agrees that, from and after an
Event of Default (as defined in the Mortgage) and until such time as all of Landlord's
926288 11 72 M S D-4
monetary obligations to Lender pursuant to the Note and the Loan Agreement between Lender
and Landlord (with respect to the Note) have been fully paid, Tenant will pay the Rent directly to
Lender. All such rental payments received by Lender shall be credited against Landlord's
obligations to Lender. Lender agrees to notify Landlord, in writing, of any failure of Tenant to
pay Rent to Lender and Landlord immediately shall cure Tenant's failure to pay by paying such
Rent to Lender.
10. Assignment Landlord, by its execution hereof, agrees that this Agreement does
not constitute a waiver by Lender of any of Lender's rights under the Mortgage and any
assignment of leases or rents contained therein, or in a separate instrument or in any way release
the Landlord from any of the terms, conditions, obligations, covenants and agreements of the
Mortgage.
11. Certification. Tenant hereby certifies to and agrees with Landlord and Lender as
follows, with the understanding that Landlord and Lender are relying on such certifications and
agreements:
A. the Lease is in full force and effect;
B. all requirements for the commencement and validity of the Lease have been
satisfied;
C. Tenant is not in default under the Lease; to the best of Tenant's
knowledge, information and belief, the Landlord is not in default under the Lease; no act, event or
condition has occurred, which with notice or the lapse of time, or both, would constitute
a default by Tenant or Landlord under the Lease; no claim by Tenant of any nature exists against
Landlord under the Lease; and all obligations of Landlord have been fully performed;
D. there are no defenses, counterclaims or setoffs against rents or charges due
or which may become due under the Lease;
E. none of the rent which Tenant is required to pay under the Lease has
been prepaid, or will in the future be prepaid, more than one month in advance;
F. Tenant has no right or option contained in the Lease or in any other
document to purchase all or any portion of the Premises;
G. the Lease has not been terminated, modified or amended. The Lease
shall not hereafter be terminated, modified or amended without the prior written consent of
Lender in each instance; and
H. Tenant has not assigned, mortgaged, sublet, encumbered or otherwise
transferred any or all of its interest under the Lease to any party and no other consents to the
execution of this agreement by the Tenant are required from any other party.
826286.1 1 7/2 110 5 D-5
12. Authority. Tenant, Landlord and Lender covenant and agree that the persons
signing on their behalf have full power, authority and authorization to execute this Agreement,
without the necessity of any consents, authorizations or approvals, or if such consents,
authorizations or approvals are required they have been obtained prior to the execution hereof.
13. Governing Law. For purposes of any action or proceeding arising out of this
Agreement, the parties hereto expressly submit to the jurisdiction of all federal and state courts
located in the State and Landlord, Tenant and Lender consent that they may be served with any
process or paper by registered mail or by personal service within or without the State in
accordance with applicable law. Furthermore, Landlord and Tenant waive and agree not to assert
in any such action, suit or proceeding that it is not personally subject to the jurisdiction of such
courts, that the action, suit or proceeding is brought in an inconvenient forum or that venue of the
action, suit or proceeding is improper. This Agreement shall be governed by and construed under
the laws of the State.
14. Notices. All notices, consents, approvals or other instruments required or
permitted to be given by either party pursuant to this Agreement shall be in writing and given by
(i) hand delivery, (ii) facsimile, (iii) express overnight delivery service or (iv) certified or
registered mail, return receipt requested, and shall be deemed to have been delivered upon (a)
receipt, if hand delivered, (b) transmission, if delivered by facsimile, (c) the next business day, if
delivered by express overnight delivery service, or (d) the third business day following the day of
deposit of such notice with the United States Postal Service, if sent by certified or registered mail,
return receipt requested. Notices shall be provided to the parties and addresses (or facsimile
numbers, as applicable) specified below:
If to Landlord : Finance Department
Attn; N. Gregory Petrick
Uni-Marts, LLC
477 East Beaver Avenue
State College, PA 16801-5690
Telephone: 814-234-6000
Telecopy: 814-234-3277
If to Tenant:
Telephone:
Telecopy:
826298 11 721 M5 D-6
If to Lender:
Telephone:
Telecopy:
or to such other address or such other person as any party may from time to time hereafter specify
to the other parties hereto in a notice delivered in the manner provided above.
15. Waiver and Amendment. No provisions of this Agreement shall be deemed
waived or amended except by a written instrument unambiguously setting forth the matter
waived or amended and signed by the party against which enforcement of such waiver or
amendment is sought. Waiver of any matter shall not be deemed a waiver of the same or any
other matter on any future occasion.
16. Captions. Captions are used throughout this Agreement for convenience of
reference only and shall not be considered in any manner in the construction or interpretation
hereof.
17. Severability. The provisions of this Agreement shall be deemed severable. If any
part of this Agreement shall be held unenforceable, the remainder shall remain in full
force and effect, and such unenforceable provision shall be reformed by such court so as to give
maximum legal effect to the intention of the parties as expressed therein.
18. Waiver of Jury Trial and Punitive, Consequential, Special and Indirect
Damages. LANDLORD, TENANT AND LENDER HEREBY KNOWINGLY,
VOLUNTARILY AND INTENTIONALLY WAIVE THE RIGHT EITHER MAY HAVE TO A
TRIAL BY JURY WITH RESPECT TO ANY AND ALL ISSUES PRESENTED IN ANY
ACTION, PROCEEDING, CLAIM OR COUNTERCLAIM BROUGHT BY ANY OF THE
PARTIES HERETO AGAINST ANY OTHER PARTY HERETO OR ITS RESPECTIVE
SUCCESSORS WITH RESPECT TO ANY MATTER ARISING OUT OF OR IN
CONNECTION WITH THIS AGREEMENT OR ANY DOCUMENT CONTEMPLATED
HEREIN OR RELATED HERETO. THIS WAIVER BY THE PARTIES HERETO OF ANY
RIGHT TO A TRIAL BY JURY HAS BEEN NEGOTIATED AND IS AN ESSENTIAL
ASPECT OF THEIR BARGAIN. FURTHERMORE, LANDLORD AND TENANT HEREBY
KNOWINGLY, VOLUNTARILY AND INTENTIONALLY WAIVE THE RIGHT THEY
MAY HAVE TO SEEK PUNITIVE, CONSEQUENTIAL, SPECIAL AND INDIRECT
DAMAGES FROM LENDER WITH RESPECT TO ANY AND ALL ISSUES
PRESENTED IN ANY ACTION, PROCEEDING, CLAIM OR COUNTERCLAIM
BROUGHT BY LANDLORD OR TENANT AGAINST LENDER OR ITS SUCCESSORS
WITH RESPECT TO ANY MATTER ARISING OUT OF OR IN CONNECTION WITH
THIS AGREEMENT OR ANY DOCUMENT CONTEMPLATED HEREIN OR RELATED
HERETO. THE WAIVER BY LANDLORD AND TENANT OF ANY RIGHT THEY MAY
826288.11 1P_1105 D-7
HAVE TO SEEK PUNITIVE, CONSEQUENTIAL, SPECIAL AND INDIRECT DAMAGES
HAS BEEN NEGOTIATED BY THE PARTIES HERETO AND IS AN ESSENTIAL
ASPECT OF THEIR BARGAIN.
19. Successors. All provisions, covenants and agreements contained in this Agreement
shall bind, inure to the benefit of, and equally relate to, Tenant, and its successors and assigns,
jointly and severally, Landlord, and its successors and assigns, jointly and severally, and Lender,
and its successors and assigns, or other holder or holders of the Note, including an endorsee,
assignee or pledgee of the Note receiving tittle thereto by or through Lender, or its successors or
assigns.
20. No OtherAgreenwn& THIS AGREEMENT REPRESENTS THE FINAL
AGREEMENT BETWEEN THE PARTIES AND MAY NOT BE CONTRADICTED BY
EVIDENCE OF PRIOR, CONTEMPORANEOUS OR SUBSEQUENT ORAL AGREEMENTS
OF THE PARTIES. THERE ARE NO UNWRITTEN ORAL AGREEMENTS BETWEEN
THE PARTIES.
21. Counterparts. This Agreement may be signed in counterparts.
IN WITNESS WHEREOF, the parties have executed and delivered this Agreement as
of the date set forth above.
TENANT:
By:
Its:
LANDLORD:
UNI-MARTS, LLC
By:
Its:
LENDER:
826289,11 712 iron D-8
926283 1 1 7121/05
By.
Its.
[INSERT ACKNOWLEDGEMENTS]
D-9
s
Exhibit B
t ?
Y
FUEL SUPPLY AGREEMENT
THIS AGREEMENT, made this ,3_ day of A , 2005 by and between
UNI-MARTS, LLC, a Pennsylvania limited liability company, with its principal place of
business at 477 East Beaver Ave., State College, PA ("Seller") and SAIMA
INTERNATIONAL, INC., a Pennsylvania corporation ("Buyer"), having its principal place of
business at is 2203 Glen Allen Avenue, Apt T-2, Silver Spring, MD 20906., with regard to the
operating location listed at 6896 CARLISLE PIKE, NEW KINGSTON, PA 17055 (hereinafter
called the "Marketing Premises").
1. Products; Quantities. Seller shall sell, and Buyer shall purchase and accept from
Seller, such quantities of motor fuels as Buyer shall order from time to time during the term of
this Agreement for delivery at the Marketing Premises. Seller agrees to sell to Buyer, and Buyer
agrees to purchase from Seller, the motor fuel products covered by this Agreement in the
quantities shown on the Commodity Schedule, attached hereto.
If Buyer requests deliveries of motor fuels in excess of the maximum quantity set forth
on the Commodity Schedule, Seller may elect to accept such requests where, in its sole
discretion, Seller determines such additional quantities are available. However, Seller is in no
way obligated to provide any motor fuels deliveries in excess of the maximum quantities set
forth on Commodity Schedule. Any sale of motor fuels in excess of the quantities specified
herein shall be subject to the terms and conditions set forth herein. In the event that Seller is
unable to furnish all of Buyer's motor fuel requirements at any time, Buyer may, during the
period of Seller's inability to perform, purchase motor fuel from other sources, provided that
Buyer commits no commingling or misbranding. Buyer's obligation to purchase motor fuels as
provided herein may be reduced, at the sole option of the Seller, if the underground storage tanks
607772.9 7/21/05
of the Marketing Premises are repaired or replaced.
Any petroleum products purchased by Buyer from Seller (except motor fuel products
specifically covered by another Agreement between Buyer and Seller), including petroleum
products not listed above, shall be covered by the terms and conditions of this Agreement.
Nothing herein contained shall be construed as a waiver of any law, ordinance, lease
and/or agreement prohibiting use of UNI-MART owned and/or UNI-MART-branded
dispensing facilities for the storage and sale of other than UNI-MART-brand products. Motor
fuel products, grades, trademarks and packaging shall be similar to those marketed and used by
Seller at rimes of deliveries with similarly branded dealers in Buyer's area, all as determined by
Seller. Seller may, at any time or from time to time, change the grade, brand name, or other
distinctive designation of any motor fuel product herein listed, and such motor fuel products as
so changed shall remain subject to this Agreement. Seller shall have the right to change the fuel
brand covered by this Agreement at any time, in which event all references to UNI-MART shall
be deemed to refer to the new fuel brand at the time of this Agreement.
2. Term. Unless sooner terminated as hereinafter provided, the term of this Agreement
shall be for a period of ten (10) years from (i) the closing date of Buyer's purchase of the
Marketing Premises, or (ii) any re-imaging or rebranding of the Marketing Premises ("Re-
Imaging") during Buyer's occupancy thereof, whichever is later (the "Initial Term"). The Initial
Term shall automatically be extended until such time as Buyer has fulfilled its obligation, if any,
of selling the total number of motor fuel product gallons during the Initial Term of this
Agreement as stated in the Commodity Schedule. Buyer may elect not to renew this Agreement
after the Initial Term by providing written notice to Seller of such election at least ninety (90)
days prior to the end of the Initial Term (the "Termination Notice"). If Seller does not receive
11-22-02 2
607772 9 7121/05
the Termination Notice by the required date, this Agreement shall automatically renew for a
period of ten (10) years from (i) the expiration of the Initial Term, or (ii) any Re-Imaging of the
Marketing Premises during Buyer's occupancy thereof following the Initial Term, whichever is
later (the "Renewal Term")
If Buyer delivers a Termination Notice to Seller during the Initial Term, Seller
and Buyer agree to negotiate for a period of thirty (30) days in good faith, to enter into a new
Fuel Supply Agreement. If Seller and Buyer are unable to reach an agreement during such
period of time to their mutual satisfaction, then Buyer may enter into a fuel supply agreement
with an unaffiliated alternative provider (the "Alternative Agreement"). Prior to Buyer
executing any Alternative Agreement, however, Buyer must provide Seller with a copy of the
Alternative Agreement and allow Seller an opportunity to enter into an agreement with Buyer on
the same business terms as the Alternative Agreement. Seller shall have ten (10) working days
from the date of its receipt of the Alternative Agreement to notify Buyer of its acceptance of any
such offer. If Seller does not so elect within the 10-day period, Buyer may, within a period of
ten (10) working days thereafter, enter into the Alternative Agreement. As a condition to
Buyer's execution of an Alternative Agreement, Buyer must sign an agreement satisfactory to
Seller which indemnifies Seller from any environmental liability from the use and/or possible
misuse of the underground storage tanks by any alternative fuel supply company (and such
indemnification shall be in addition to the environmental indemnifications made by Buyer to
Seller under the Lease Agreement between Seller and Buyer of even date herewith (the "Lease
Agreement")).
3. Prices, Terms. Deliveries. The Buyer will purchase motor fuel products from the
Seller as defined in the attached Commodity Schedule. Deliveries shall be made at the
11-2z-oz 3
607772.9 7/21/05
Marketing Premises and shall be promptly received by Buyer. Payment terms for each delivery
are set forth on the Commodity Schedule.
4. Trademarks, Brand Names. During the term of this Agreement Buyer shall have the
right to use UNI-MART trademarks and brand names in accordance with UNI-MART
specifications, allowances and provisions set forth in the agreement between UNI-MART and
Seller. In the event UNI-MART requires image improvements or changes (e.g., canopies,
dispensers, signs, etc.), Seller and Buyer shall equally share the cost of such image
improvements (the "Re-Imaging") and extend the term of this Agreement by the appropriate
number of years to cover any such payments and/or costs (provided that Buyer remains the
tenant under the Lease Agreement during such extension period). Buyer shall not mix, blend,
commingle or adulterate Seller's motor fuel products with any other motor fuel or substance.
Motor fuels dispensed from equipment bearing the UNI-MART identification shall be UNI-
MART motor fuel purchased from and delivered by Seller. Buyer will not remove, alter or de-
brand the UNI-MART identification from the dispensing equipment, except as otherwise
provided in paragraph 1. Any violation of the provisions of this paragraph by Buyer shall
constitute a default under this Agreement and shall give Seller the right to immediately terminate
this Agreement.
During the term of this Agreement, Buyer must continually have available for sale
to the public a representative amount of the UNI-MART motor fuels through dispensing
equipment bearing the UNI-MART names. "Representative amount" means a sufficient supply
of each grade and type of motor fuel so that Buyer shall at no time be out of and always have
each grade and type available for sale.
In addition, if Buyer fails to meet Seller's minimum standards as set forth in
1-22-02 4
607772 9 7/21/05
paragraph 7, or if the Marketing Premises are unopened or abandoned for a period of thirty (30)
days, Seller shall have the right to terminate this Agreement. In the event this Agreement is
terminated, (a) Buyer's right to use of UNI-MART color scheme, trademarks, brand names,
slogans, and advertising shall cease; (b) Buyer shall return to Seller all such advertising and
promotional material in Buyer's possession; (c) the Marketing Premises must be de-identified
and Buyer will bear the expense of any de-identification, which would include payment to UNI-
MART for any unamortized portion of Seller's imaging funds; and (d) Buyer hereby grants
Seller and its contractors permission to enter upon the Marketing Premises to the extent
necessary to complete such de-identification.. Buyer acknowledges and recognizes that
injunctive relief is essential for the adequate remedy of any violation of the provisions of this
paragraph 4 by Buyer. Buyer further agrees to pay Seller's reasonable attorney fees in the event
the same has been initiated by Seller or UNI-MART to enforce any of the provisions of this
paragraph
5. Product Quality Control. Buyer shall protect the quality of motor products delivered
to the Marketing Premises by the Seller. The Buyer shall inspect storage tanks daily for water
accumulation and shall notify the Seller immediately if water exceeds three-fourths of an inch
depth for any tank. The Seller may refuse to make motor fuel deliveries into such a storage tank
or tanks until the problem is corrected. Buyer shall monitor inventory of underground tanks
daily, and reconcile inventory records at least daily. Buyer shall also keep a daily log of all
underground tank inventory readings. The Buyer shall accept all deliveries of motor fuel
products as recorded on the terminal bill of lading.
The sale and distribution of motor fuels is subject to state and federal regulation and the
Clean Air Act. This obligation addresses both the role of the Seller and Buyer in handling motor
11-22-02 5
607 772 9 7121105
, S
fuel products. Seller certifies that the motor fuel products delivered will, at the time of delivery,
meet or exceed the specifications under applicable governmental regulations. The Buyer hereby
covenants and agrees that the Buyer will exercise the highest degree of care and diligence in the
handling, storing and sale of motor fuels. Buyer shall not cause or condone any contamination,
mixing or adulteration of Seller's motor fuel products. Buyer shall immediately notify Seller of
any suspicion that the motor fuel products are contaminated in any way. Buyer's failure to
prevent contamination of motor fuel products subsequent to delivery shall constitute a default
hereunder. Seller shall not be responsible for any damages arising from contaminated motor fuel
products unless it is demonstrated by a preponderance of the demonstrable evidence that Seller's
motor fuel products delivered to Buyer were contaminated prior to delivery to Buyer. At Seller's
request, Buyer agrees to provide Seller with results of any tests of the motor fuel products
conducted by or for Buyer and further agrees to permit Seller to conduct any additional tests as
Seller may require.
Brand Name. The Seller, at the sole discretion of UNI-MART at any
6. Specifications,
time during the term of this Agreement, shall have the right to change, alter, amend, or eliminate
any of the trade names, trademarks, or brands of petroleum products covered by this Agreement.
The Seller, at the sole discretion of UNI-MART at any time during the term of this Agreement,
may also either (a) change or alter the quality, grade, or specifications of any motor fuel products
covered by this Agreement or (b) discontinue or reduce the availability of any such motor fuel
products. The Seller shall give the Buyer written notice of discontinuance or reduction
availability of any motor fuel products covered by this Agreement.
7. Customer Service. Buyer agrees that, while using any trademark, brand name, or
other identification of UNI-MART, Buyer shall: (a) render prompt, fair, courteous and efficient
11-ii-0i 6
607772.9 7/21/05
service to Buyer's customers; (b) promptly investigate all customer complaints and make such
adjustments that are reasonable and appropriate; (c) maintain the Marketing Premises, which
includes maintaining the appearance of the building, painting dispenser islands and curbing twice
a year, maintaining any landscaping and maintaining the parking lot (including repair of pot
holes and striping of the lot); (d) provide qualified, uniformed attendants to render good service
to customers; (e) keep the rest rooms open at all times during business hours and keep such rest
rooms clean, sanitary, and furnished with adequate supplies; and (0 not employ or permit any
illegal, unethical, deceptive, or unfair practices in conflict with Buyer's business.
8. Hours of Operation. Buyer hereby acknowledges the importance to both parties to
operate hours that are competitive and consistent with Seller's strategy to recognize customer
convenience. To this end, Buyer will operate the Marketing Premises in the manner required
herein, a minimum of 19 hours per day, from 5:00 am - 12:00 pm eastern time, each day of the
week, during the term of this Agreement.
9. Personal Supervision. This Agreement is made on the condition, and with the
understanding, that the Marketing Premises will be under the direct, daily, on site supervision of
BUYER, who will personally manage and oversee daily operation of the Marketing Premises at
least 20 hours per week.
10. Access. Seller and its representatives shall have full and unrestricted rights of
ingress and egress at the Marketing Premises, during normal business hours and upon reasonable
advance notice, for purpose of providing business counsel, advice, training and inspecting the
Marketing Premises and any loaned equipment, performing annual required testing of the tanks
and tank lines, to remedy any default by the Buyer hereunder, to assist Buyer in operating the
Marketing Premises consistent with the standards provided for herein, to audit and examine
1I-22-02 7
607772.9 7/21105
Buyer's accounting records, to determine Buyer's compliance with this Agreement, and
otherwise to exercise Seller's rights, options and privileges under this Agreement.
11. Financial Statements. Buyer shall provide Seller with financial statements and
other information relative to Buyer's creditworthiness, when requested by Seller. Buyer
represents that such information will be prepared in accordance with generally accepted
accounting principles and practices, consistently applied, fairly and accurately reflecting Buyer's
financial position, and may be relied upon by Seller in doing business with, and in extending
credit to, Buyer.
12. Deliveries. The Marketing Premises is the delivery point for all motor fuel
products sold by Seller to Buyer. Seller is not required to deliver less than 100% of capacity of
truck used for delivery of motor fuels to Buyer. Seller may impose, and Buyer shall pay handling
charges as determined by Seller, for deliveries of less than 100% of capacity of truck, and for
deliveries made at Buyer's request that are not in accordance with Seller's normal delivery
practices. Buyer grants the Seller the right to deliver motor fuel products during Buyer's normal
operating hours, and at other times upon payment of delivery surcharges as set forth in the
Commodity Schedule. Buyer shall notify Seller immediately of any changes in Buyer's normal
operating hours.
Seller will not deliver motor fuel products into any storage system that does not
adequately protect against spill and overfill or is unfit or unsafe for the storage or handling of
motor fuels in Seller's reasonable judgment. Buyer must protect the storage system from unsafe
conditions, and Buyer is solely responsible for all damages to persons or property that in any
way result from Buyer's failure to protect the storage system (except for Seller's obligations with
respect to the underground storage tanks as set forth in the Environmental Indemnity and Service
11-22-02 $
607772.9 7/21105
Agreement between Seller and Buyer). Buyer shall be responsible to ensure that the storage
system will take the volume of motor fuels ordered and shall employ good management practices
to prevent spill and overfill discharges of motor fuel products at the Marketing Premises.
13. Compliance with Laws. Seller shall be responsible for compliance with all laws
and regulations pertaining to underground storage tanks, including obtaining all necessary
registrations, licenses and permits, to the extent set forth in the Environmental Indemnity and
Service Agreement between Seller and Buyer. Buyer shall be solely responsible for complying
with all applicable laws, regulations and rules of all governmental authorities regarding:
a. reporting and paying all taxes.
b. maintenance and cleanliness of the Marketing Premises.
C. compliance with laws pertaining to the hiring, discharge and compensation of
employees.
d. compliance with US Department of Labor Regulations.
e. polluting water, ground and air with any substance or product.
f. waste handling.
9. vapor recovery equipment.
h. posting and certifying of required octane and motor fuel requirements.
i. the Clean Air Act.
14. Claims• Bar Date, Damages Release. Seller shall have no liability to Buyer for any
alleged defect in quality or errors in quantity of any motor fuel products delivered ("Claim")
unless (A) Buyer gives Seller written notice of Buyer's Claim within: (i) two (2) business days
after delivery for errors in quantity of products or (ii) within four (4) business days after
discovery of alleged quality deficiencies; and (B) with respect to quality Claims, Buyer provides
I1-22-02 9
607772.9 7121105
Seller with reasonable opportunity to inspect the motor fuel products and take test samples. Any
other Claim by Buyer of any kind, based on or arising out of this Agreement or otherwise, shall
be waived and barred unless Seller is given written notice within ninety (90) days after the event,
action or inaction to which such Claim relates. In no event shall Seller be liable for lost profits
or for special, indirect or consequential damages, except as otherwise provided by applicable
law.
15. Force Maieure. Seller shall be excused from delay or nonperformance hereunder if it
is unable to meet Buyer's demand for motor fuel products if UNI-MART has diverted certain
supplies from such distribution points in order to alleviate shortages at other distribution points
or has otherwise exhausted or reduced the availability of motor fuel products. Either party shall
be excused from delay or nonperformance in the event of any condition whatsoever beyond said
party's reasonable control, including without limitation, unavailability, failure, or delay of
transportation; Acts of God; labor difficulties; explosions; storms; breakdown of machinery or
equipment; fire; riot, terrorist or war conditions in this or any other country; or compliance with
any law or governmental order, regulation recommendation, request or allocation program
(whether voluntary or involuntary), which directly or indirectly affects said party's ability to
perform hereunder.
In the event of any of the conditions referred to in the paragraph above, Seller shall
have the right to curtail deliveries or allocate its supply of motor fuel products for sale among its
customers in any manner, which, in its sole discretion, it determines to be fair and reasonable
under the circumstances, and shall not be obligated to obtain or purchase other supplies of motor
fuel products or to in any way make up any motor fuel products not delivered. Buyer shall not
hold Seller responsible in any manner for any losses or damages suffered by Buyer as a result of
11.22-oz 10
607772.9 7@ 1 /05
any such curtailment or allocation by Seller.
16. Indemnity. Buyer shall defend, indemnify and hold Seller, its agents, servants,
employees, successors, and assigns, harmless from and against any fines, penalties, charges, or
expense, for violation of any law, ordinance or regulation, caused by any act or omission,
whether negligent or otherwise, of Buyer or its agents, servants, or employees.
Seller shall defend, indemnify and hold Buyer, its agents, servants, employees,
successors, and assigns, harmless from and against any fines, penalties, charges, or expenses, for
violation of any law, ordinance or regulation, caused by any act or omission, whether negligent
or otherwise, of Seller or its agents, servants, or employees.
17. Expenses; Permits. Except as otherwise provided in this Agreement, Buyer shall pay
all expenses, taxes, and fees in connection with the maintenance and operation of the Marketing
Premises and the business conducted thereon, and shall comply with all applicable governmental
laws and regulations. Such expenses shall include a monthly fee imposed by Seller for Buyer's
access to and use of the POS network, if applicable. Seller and Buyer shall pay for the expenses
and fees of permits and licenses as provided in the Lease Agreement.
18. Default Termination; Non-Renewal; Notice; Right of Termination Due to
Governmental Rights.
(a) Default. If Buyer is in default of any terms or conditions hereunder or under the
Lease Agreement, Seller may suspend deliveries during such period of default and may terminate
or non-renew as provided hereunder or as otherwise provided by law.
(b) Termination or Non-Renewal of Agreement and Relationship.
(i) This Agreement is subject to and governed by the Petroleum Marketing
Practices Act, which is made a part of this Agreement for purposes of expressing the
11-22-0z 11
607772.9 N21/OS
grounds upon which it may be terminated or non-renewed by the Seller. Seller's right to
terminate or non-renew under the Act shall be in addition to, and not in extinguishment
of, all other rights and remedies provided in favor of Seller by applicable law and this
Agreement. Therefore, if Buyer fails substantially to comply with, or violates, any
material requirement imposed upon the Buyer in this Agreement, Seller may terminate or
non-renew as permitted.
(ii) Prior to the end of the term of this Agreement, Seller may decide to renew
and continue the Agreement, on the basis of proposed changes and additions to the
provisions hereof, and shall advise Buyer of same. All such changes and additions
proposed by Seller shall be the result of determinations made by Seller in good faith and
in the normal course of business. Should the parties fail to agree upon such changes and
additions, Seller shall have the right, upon notice to Buyer, to non-renew this Agreement.
Should the parties agree upon such changes and additions, the Agreement shall be
renewed, subject to and in accordance with the agreed changes and additions, and the
execution by both parties of a renewal agreement.
(iii) Seller shall have thirty (30) days after termination or non-renewal to enter
upon the Buyer's Marketing Premises at any time during normal business hours, for the
purposes of taking possession and of removing Seller's loaned equipment, including
dispensing equipment, credit card equipment and signs.
(c) Notice. Should any circumstance occur constituting grounds for termination or non-
renewal of this Agreement, including but not limited to those set forth in subparagraph (a) and
(b) of this paragraph 18, Seller shall give Buyer and Buyer's primary lender (if known by Seller)
thirty (30) days prior written notice thereof stating the reasons therefor and the date on which
11-22-02
607772.9 7/21 /05
12
termination or non-renewal shall take effect.
(d) Right of Termination Due to Government Action. If any federal, state or local
government action results in the adoption of orders, rulings, regulations, or laws that (i)
significantly alter the reasonable expectations of the parties at the time of entering into this
Agreement, or (ii) result in the imposition of any obligation upon Buyer to install or construct
equipment, facilities, or improvements on the Marketing Premises and, in Buyer's judgment, the
cost of installation and construction would be uneconomical, or (iii) modify in any way the
present relationship between Seller and UNI-MART, then either party may terminate this
Agreement upon not less than one hundred and eighty (180) days' written notice to the other
party.
19. Credit Cards. The terms and conditions for administration of credit cards are set
forth on the Commodity Schedule, attached hereto. The Buyer is permitted to accept any credit
cards as long as Buyer follows all appropriate UNI-MART credit card guidelines. The Buyer
will be responsible for any chargebacks resulting from non-compliance with the UNI-MART
credit card guidelines.
20. Labeling and Pasting. Buyer shall comply with all health, labeling or pasting
requirements of any governmental agency, manufacturer, Seller or the UNI-MART.
21. Representations and Assurances. Seller has entered into this Agreement in reliance
on Buyer's representations to Seller of its desire to operate a retail facility selling UNI-MART
brand products at the Marketing Premises. Furthermore, Buyer represents to Seller that it will
conduct its business so as to maintain and enhance the public acceptance of UNI-MART
trademarks and products. Buyer agrees to use its best good faith efforts to promote and
maximize the sale of Seller's products, and to refrain from conduct, which will detract from the
11-22-02 13
607772.9 7121 /05
value of UNI-MART trademarks. Except as otherwise expressly provided herein, at all times,
Buyer shall keep visible and legible UNI-MART logos, signs, trademarks, and brand names
which are affixed to, located upon or associated with pumps, signs, or merchandising equipment
used in connection with the sale of UNI-MART products at Buyer's Marketing Premises. The
obligations assumed by Buyer herein are the very essence of this Agreement, and Buyer's failure
or refusal to comply therewith shall constitute grounds for termination or non-renewal of this
Agreement.
22. Relationship of Seller and Buyer. Buyer is an independent business, and nothing in
this Agreement shall be deemed as creating any right for Seller to exercise any control over, or to
direct in any respect, the conduct or management or Buyer's business. Neither Buyer nor any
person performing work at the Marketing Premises for, or on behalf of, Buyer shall be deemed
an employee or agent for Seller.
23. Notices. All notices hereunder shall be in writing and shall be sent by certified or
registered mail, return receipt requested, to the address specified in the opening paragraph of this
Agreement, unless changed by either party pursuant to a notice hereunder. Notice shall be
deemed given on the date such notice is deposited in the United States mail, postage prepaid and
properly addressed.
24. Severability. If any provision of this Agreement, or anv portion thereof, or the
application thereof to any person or circumstance is determined by a court of competent
jurisdiction to be invalid or unenforceable, such invalidity or unenforceability shall not affect the
other provisions of this Agreement.
25. Significance of Terms and Conditions. The parties hereto agree that in all respects,
the terms and conditions herein are reasonable and of material significance to the relationship of
11-22-02 14
607772.9 7!21105
the parties, and any breach of any term or condition by either party shall be conclusively deemed
to be material and adverse.
26. Entire A.Qreement. This instrument, including any documents incorporated
hereunder, contains the entire agreement covering the subject matter, and supersedes any prior
verbal or written contract, agreement, representation or understanding between the parties
relating to motor fuel supplies to the Marketing Premises.
27. Envoy Training. Buyer shall be required, prior to the commencement of this
Agreement, to attend that amount of training on the Envoy system so as to be deemed by Seller
competent in its operation. Failure to attend said training may result in the delay of Seller's
delivery to Buyer of motor fuel.
28. Miscellaneous. Any attempt to assign this Agreement by Buyer without Seller's
prior written consent, which shall not be unreasonably withheld, delayed or conditioned (and in
determining whether to grant such consent, Seller may consider the financial condition,
reputation and character of the proposed assignee, and its contemplated use of the Marketing
Premises), shall constitute a default under this Agreement and any such attempted assignment
shall be void. The headings of the paragraphs of the Agreement are for convenience only and in
no way limit, amplify or otherwise affect the terms and conditions herein. Seller's right to
require strict performance shall not be affected by any previous waiver or course of dealing.
No modification of this Agreement shall be binding unless in writing and signed by Seller's and
Buyer's authorized representatives.
IN WITNESS WHEREOF, the parties hereto, each intending to be legally bound hereby,
have executed this Retail Dealer Agreement the date and year first above written.
11-22-02 15
607772 9 7121/05
UNI-MARTS, LLC
BY:
ar
/MaMnager Sahaki
SAIMA INTERNATIONAL, INCA
BY:
Aijaz A. haikh
President
WITNESS:
BY:
WITNESS:
BY: A-V...4 s -? 4.
11-22-02 16
6077772.9 7/11105
UNI-MARTS, LLC
COMMODITY SCHEDULE
DATED 3 2005
BUYER/ENTERPRISE NAME: SAIMA INTERNATIONAL, INC.
PRODUCTS: MOTOR FUELS
DELIVERY POINT: 6896 CARLISLE PIKE, NEW KINGSTON, PA 17055
GRADES: ALL GRADES
This schedule is attached to and made part of a Fuel Supply Agreement between Buyer and
Uni-Marts, LLC (the "Seller") dated tJ... 2005.
1. uanti . The quantity of Products covered by this Agreement shall be all of
Buyer's motor fuel product requirements, but in no case less than a minimum of 135,000 gallons
per year and a maximum of 160,000 gallons per year'. The maximum and minimum figures shall
be reviewed annually by Buyer and Seller. If, during any annual period of this Agreement, Buyer
fails to purchase the minimum annual quantity set forth in this Commodity Schedule, Buyer shall
pay to Seller, within thirty (30) days of the end of such annual period, an amount determined by
multiplying two cents ($.02) times the difference between the quantity of gallons actually
purchased during such annual period and the minimum annual quantity of gallons as set forth in
this Commodity Schedule.
2. Delivery. The Delivery shall be complete on the unloading of the transport truck at
the Buyer's Marketing Premises.
1 If a gallonage number is filled in below, Buyer agrees that the Initial Term of the Fuel Supply Agreement shall be
extended, if necessary, until Buyer has sold the following total number of motor fuel product gallons at the Marketing
Premises:
_N/A gallons
607724 6 7/21/05
3. Price. The price to be paid by Buyer per gallon shall be Seller's tank wagon price,
(the "Delivered Price"), which is defined as: (1) UNI-MART Rack price for the closest terminal
that offers the best price as quoted through DTNergy (or similar data service provider), (2)
applicable taxes, (3) reasonable hauling charges, which shall not exceed Seller's actual hauling
charges, (4) split load charges (if applicable), (5) delivery surcharges for Sunday and holiday
deliveries, (6) any applicable state Superfund charges, (7) delivery surcharge for increased fuel cost
to hauling company (if applicable), and (8) two cents per gallon. Invoice from Seller to Buyer will
set forth the gallons delivered multiplied by the Delivered Price, plus the applicable EFT bank fees
(the "Invoice Amount").
4. Credit Cards. All credit card purchases will be directly credited to Seller by
PAYMENTECH. Seller will credit Buyer's account by electronic fund transfer ("EFT") into the
provided bank account.
5. Deposit. Buyer will deposit with Seller a $15,000 Collateral Deposit in accordance
with terms of the attached Collateral Deposit Agreement.
6. Payment Terms. The Buyer will pay 100% of the Invoice Amount, less credit card
receipts by Seller for transactions with Buyer through the day before the applicable date of
delivery, by EFT from Buyer's provided bank account one day after delivery date for deliveries
made on normal business days (Monday through Thursday). For deliveries made on Friday,
Saturday, Sunday or a legal holiday, Buyer will pay 95% of the estimated Invoice Amount, less
credit card receipts by Seller for transactions with Buyer through Thursday, by EFT on Friday, with
the remaining balance EFT'd on the next business day. The EFT will be initiated by the Seller for
the total amount due from the Buyer's bank account. Buyer is responsible for all bank fees
associated with the EFT.
607724.6 7/21 MS
7. Rent Credit. From time to time Seller may receive a cash payment term discount
from certain oil companies and/or distribution companies which supply motor fuel products to
Seller (the "Cash Payment Discount"). Buyer and Seller acknowledge that they have both also
entered into a Lease or Sublease permitting Buyer to occupy the Marketing Premises (the "Property
Lease"). Seller agrees to provide a credit equal to any such Cash Payment Discount to Buyer in the
form of a credit toward Buyer's immediately succeeding monthly rent obligation under the
Property Lease. Any such credit will be accounted for and delivered to Buyer in the form of a
notice of credit against the next monthly rent installment due to Seller. In the event that Seller is no
longer the landlord at the Marketing Premises, Seller will provide a credit to Buyer on the
immediately succeeding Invoice Amount hereunder.
IN WITNESS WHEREOF, the parties hereto have executed this Commodity Schedule on
the date provided above.
UNI-MARTS, LLC
By:
Its: M er
SAIMA INTERNATIONAL, INC.
By:
Its: President
607724.6 7121!05
UNI-MARTS, LLC
COMMODITY SCHEDULE
DATED ? 3 , 2005
. Li
BUYER/ENTERPRISE NAME: SAIMA INTERNATIONAL, INC.
PRODUCTS: KEROSENE
DELIVERY POINT: 6896 CARLISLE PIKE, NEW KINGSTON, PA 17055
This schedule is attached to and made part of a Fuel Supply Agreement between Buyer and
Uni-Marts, LLC (the "Seller") dated u 5 2005.
1. Quantity. The quantity of Products covered by this Agreement shall be all of
Buyer's kerosene product requirements.
2. Delivery. The Delivery shall be complete on the unloading of the tank wagon or
transport truck at the Buyer's Marketing Premises.
3. Price. The price to be paid by Buyer per gallon shall be Seller's tank wagon price,
(the "Delivered Price"), which is defined as: (1) Seller's Rack price for the closest terminal that
offers the best price as quoted through DTNergy (or similar data service provider), (2) applicable
taxes, (3) reasonable hauling charges, which shall not exceed Seller's actual hauling charges, (4)
split load charges (if applicable), (5) delivery surcharges for Sunday and holiday deliveries, (6) any
applicable state Superfund charges, (7) delivery surcharge for increased fuel cost to hauling
company (if applicable), and (8) two cents per gallon. Invoice from Seller to Buyer will set forth
the gallons delivered multiplied by the Delivered Price, plus the applicable EFT bank fees (the
"Invoice Amount")
607899 2 W21/05
4. Payment Terms. The Buyer will pay 100% of the Invoice Amount, less credit card
receipts by Seller for transactions with Buyer through the day before the applicable date of
delivery, by EFT from Buyer's provided bank account one day after delivery date for deliveries
made on normal business days (Monday through Thursday). For deliveries made on Friday,
Saturday, Sunday or a legal holiday, Buyer will pay 95% of the estimated Invoice Amount, less
credit card receipts by Seller for transactions with Buyer through Thursday, by EFT on Friday, with
the remaining balance EFT'd on the next business day. The EFT will be initiated by the Seller for
the total amount due from the Buyer's bank account. Buyer is responsible for all bank fees
associated with the EFT.
IN WITNESS WHEREOF, the parties hereto have executed this Commodity Schedule on
the date provided above.
UNI-MARTS, LLC
By:
Its: a er
SAIMA INTERNATIONAL, JNC.
By:
Its: President
6078892 MI/05
1, .
Site No.: 04249
Location: 6896 Carlisle Pike
New Kingston PA 17055
County Cumberland
COLLATERAL DEPOSIT AGREEMENT
FOR AND IN CONSIDERATION of the mutual benefits accruing and expected to
accrue hereunder, UNI-MARTS, LLC of 477 East Beaver Ave., State College, PA ("Seller") and
SAIMA INTERNATIONAL, INC., having a place of business at 2203 Glen Allen Avenue, Apt
T-2, Silver Spring, MD 20906 ("Buyer"), intending to be legally bound, hereby agree as
follows:
BACKGROUND
1. Seller and Buyer are parties to a Fuel Supply Agreement of even date herewith
("Agreement"), which provides, in part, for the purchase and sale of motor fuel products.
2. Buyer's obligation to pay for motor fuel products purchased from Seller are to be secured
by either a Cash Deposit or an Irrevocable Letter of Credit as defined herein (the "Collateral
Deposit") in accordance with the terms of the Agreement.
3. The purpose of this Collateral Deposit Agreement is to set forth the terms and conditions
of such Collateral Deposit.
Terms
1. Buyer has undertaken, and intends to undertake certain and varied financial obligations to
the Seller, whereby Buyer will become indebted to Seller from time to time for or on account of
the purchase of motor fuel products.
2. In order to secure the prompt and full payment of such indebtedness in accordance with
the Agreement, Buyer has deposited with Seller a cash deposit in the amount of $15,000 ("Cash
Deposit") at or before signing of the Agreement. In lieu of the Cash Deposit, Buyer may, at its
option, provide Seller with an Irrevocable Letter of Credit under terms satisfactory to Seller (the
"ILC") and for the benefit of Seller equal to twice the amount of the Cash Deposit at or before
signing of the Agreement. Seller in its sole discretion may require the Cash Deposit, or the
amount of the ILC, to be increased or decreased during the term of this Agreement due to price
fluctuations of motor fuel products. Buyer agrees to fund the additional Cash Deposit or
increase/decrease the amount of the ILC within fifteen (15) business days of Seller's written
notice to Buyer of any such request.
3. Buyer shall pay to Seller any indebtedness whatsoever, which Buyer owes to Seller, by
reason of any obligation now or hereinafter undertaken by Buyer in favor of Seller under the
Agreement.
610810.2 7/21105
4. The Collateral Deposit shall be held by the Seller as one general continuing collateral
security for the discharge and payment of all or any part of any present, past or future obligation,
indebtedness or liability of the Buyer to the Seller under the Agreement.
5. Buyer hereby authorizes Seller to apply the Collateral Deposit to payment of any
obligation, indebtedness, liability or tax outstanding of Buyer to Seller, or for which Seller may
become liable at any time during, or at the end of, the relationship between Buyer and Seller.
6. Seller shall be the sole determiner of disposition of the Collateral Deposit. Seller's
disposition of the Collateral Deposit shall not release Buyer from any obligation in Buyer's
contractual relationship with Seller. If Buyer shall be in default at any time of requirements set
forth in the Agreement, Seller shall have the right, in addition to any other remedy, to correct
said default and deduct any cost or expense therewith from the Collateral Deposit. Immediately
upon the application of such amount by Seller, Buyer shall pay to Seller an amount equal to that
portion so applied so as to restore the Collateral Deposit to the amount set forth above.
7. At the end of the Agreement, including payment of all indebtedness and liabilities due or
payable to Seller by Buyer, Seller shall return to Buyer any Collateral Deposit funds or unapplied
balance thereof, unless a new Agreement is signed by both parties.
IN WITNESS WHEREOF, the parties have agreed to the terms of this Collateral Deposit
Agreement on this 3 day of 2005.
By:
Its:
SAIMA INTERNATIONAL, INC.
By: v
Its: President
610870.2 7/21/05
UNI-MARTS, LLC
Exhibit C
l
Site No.: 04249
Location: 6896 Carlisle Pike
New Kingston PA 17055
County. Cumberland
TRADEMARK LICENSE AGREEMENT
This Trademark License Agreement ("Agreement") is made and entered into as
of the 3 day of , 2005, by and between SAIMA INTERNATIONAL, INC.,
a Pennsylvania corpor n whose address is 2203 Glen Allen Avenue, Apt T-2, Silver
Spring, MD 20906 ("Purchaser") and Uni-Marts, LLC, a Pennsylvania limited liability
company with its principal place of business located at 477 East Beaver Avenue, State
College, Pennsylvania 16801-5690 ("Uni-Marts"). Purchaser acknowledges and
agrees that this Agreement is conditioned upon, and shall not be effective until, the
closing of the transactions under that certain Purchase and Sale Agreement and Lease
or Sublease ("Lease") by and between Uni-Marts and Purchaser (the "Closing"). Now,
therefore, Uni-Marts and Purchaser, intending to be legally bound hereby, agree as
follows:
1. Definitions. As used herein, "Marks" means the "Uni-Marts" and "Choice
Cigarette Discount Outlet" names, logos and certain related trade names, trademarks
and logotypes as identified by Uni-Marts in writing from time to time; "Know-How"
means certain proprietary approaches, initiatives, methods, procedures, processes,
concepts, materials, trade secrets, and know-how of Uni-Marts with respect to operation
of convenience stores; and, "Documentation" means the Specifications (as defined
herein) and all other instructions, manuals, diagrams and other materials, in whatever
medium or format, pertaining to the Marks, Know-How and/or the use thereof.
2. Trademark License. From and after the Closing, Uni-Marts hereby grants
Purchaser a non-exclusive, non-transferable, limited license, without the right to
sublicense, to use the Marks, the Know-How and the Documentation solely in
connection with the operation of the facilities identified above (the "Facilities") and not in
connection with any other business or facility or for any other purpose whatsoever (the
"Trademark License"). Purchaser may not sell, lease, assign, sublicense or otherwise
transfer, in whole or in part, this Agreement, the Trademark License, the Marks, the
Know-How, the Documentation or any other Uni-Marts-provided materials, or any
licenses or rights granted hereunder without the express written consent of Uni-Marts,
which consent shall not be unreasonably withheld (but in determining whether to grant
such consent, Uni-Marts may consider the financial condition, reputation and character
of the proposed transferee, and its contemplated use of the Facilities).
3. Obligations of Purchaser.
610315 17/21 /O5
•
a. In addition to its other obligations set forth herein, during the term of
this Agreement, Purchaser shall do each of the following:
i. use the Marks and the Know-How in strict compliance with
all current standards, specifications and procedures of Uni-Marts (the "Specifications"),
together with such future modifications to the Specifications as are necessary or
desirable for Uni-Marts' business purposes and provided in advance to Purchaser;
ii. advertise and promote the Facilities only under the Marks
and without any accompanying words or symbols except as approved by Uni-Marts in
writing;
iii. impose on all signs, advertising and other materials using or
incorporating the Marks prepared by or for Purchaser, other than by Uni-Marts (the
"Purchaser-Prepared Materials"), the symbol a or "TM", as the case may be, and cause
all such Purchaser-Prepared Materials to use and reproduce the Marks accurately and
exactly, in a manner which will best protect Uni-Marts' rights in the Marks; and
iv. in all public records and in its relationship with other persons,
and on its letterhead and business forms, clearly indicate its independent ownership
and operation of the Facilities.
b. Purchaser shall not at any time:
i. adopt a corporate or other fictitious entity name
incorporating, in whole or in part, any of the Marks;
ii. lend its name or use any of the Marks, Know-How or
Documentation to endorse the products or services of any third parties;
iii. represent or hold itself out as an agent, legal representative,
partner, subsidiary, joint venturer, associate, affiliate or employee of Uni-Marts; or,
iv. operate the Facilities in a way that is damaging to Uni-Marts;
that causes any threat or danger to public health or safety; that would tend to bring Uni-
Marts or the Marks, Know-How or Documentation into public disrepute, contempt,
scandal or ridicule; that would tend to insult or offend the community in which such
Facilities are located, or any group or class thereof; or, that would or might adversely
affect the relationship between Uni-Marts and its customers and/or Purchasers.
C. Uni-Marts shall have the right to enter into and inspect the
Facilities, with or without notice, during Purchaser's normal business hours, for the
purpose of ascertaining Purchaser's compliance with the terms of this Section 3.
610315.1 7121105 -2-
4. Obligations of Uni-Marts. During the term of this Agreement, Uni-Marts
shall provide
a. use by Purchaser of Uni-Marts' 1-800 support telephone number;
and
b. access to Purchaser, Purchaser's primary lender for the purchase
of the Facilities ("Lender") and (if applicable) the U.S. Small Business Administration
("SBA"), upon request and during regular business hours, to Uni-Marts' pertinent billings
and collections records relating to the Payments.
5. Payments. In consideration of the Trademark License and the 1-800
support hereunder, Purchaser shall pay Uni-Marts Two Hundred dollars ($200.00) per
Facility per month (the "Payments"). Licensee shall make the Payments to Uni-Marts
within ten (10) days after the end of each month for that month.
The Payments to Uni-Marts shall be deferred during such period of time as
Lender's loan to Purchaser is in default or Lender or the SBA has granted a deferment,
but any deferred Payments shall be immediately due and payable to Uni-Marts at the
conclusion of such period.
6. Payment, Taxes. Any sum not paid by Purchaser hereunder when due
shall bear interest until paid at a rate of 1.5% per month (18% per annum), or the
maximum rate permitted by law, whichever is less. Purchaser shall also pay all
expenses (including, without limitation, attorneys' fees) actually incurred by Uni-Marts in
collecting such payment or otherwise exercising its rights and remedies hereunder.
Purchaser acknowledges and agrees that it is not entitled to set-off any monetary claims
which it may have against Uni-Marts against the Payments or any other sum which the
License is obligated to pay hereunder.
7. Proprietary Rights.
a. The Marks are trademarks or registered trademarks of Uni-Marts.
Purchaser shall not at any time use any word or mark which is similar to or is likely to be
confused with the Marks without Uni-Marts' prior written consent. During the term of
this Agreement and thereafter, Purchaser shall not directly or indirectly impugn or
contest the validity of or Uni-Marts' ownership of the Marks or take or aid any action
whatsoever in derogation of the Marks. Any and all goodwill generated by the use of
the Marks will inure solely to the benefit of Uni-Marts. Samples of all Purchaser-
Prepared Materials must be submitted to Uni-Marts for written approval prior to use.
b. Title to the Know-How and the Documentation, and all
modifications, updates and derivative works thereof, whether created by Uni-Marts,
610315.1 7121/05 -3-
Purchaser, or any third party, shall at all times remain and vest solely with Uni-Marts.
Uni-Marts shall have the exclusive right to patent, copyright, register and protect such
materials in Uni-Marts' own name to the exclusion of Purchaser, whose rights thereto
are limited to its rights as a Purchaser under this Agreement. Purchaser agrees that it
will not claim or assert title to any such materials or attempt to transfer title to same to
any third parties.
C. Purchaser shall at all times do all acts, and where appropriate
refrain from such acts, as may be necessary or appropriate to protect Uni-Marts'
proprietary rights in and to the Marks, Know-How and Documentation. Purchaser shall
not have, and this Agreement shall not be construed as granting, any right, title or
interest in or to any of Uni-Marts' proprietary and intellectual property rights (including
patent, trademark, copyright, trade secret and other rights) not expressly licensed to
Purchaser under this Agreement.
8. Confidential Information. During the course of the parties' performance
hereunder, Purchaser may be given, obtain, or have access to certain information which
is confidential and proprietary to Uni-Marts and/or which constitutes trade secrets of
Uni-Marts, including, without limitation, the Know-How, Specifications, Documentation
and other technical, marketing, sales, operating and cost information and know-how
("Confidential Information"). Confidential Information shall not include any information
which
i. is or becomes available to the public other than as the
consequence of a breach of any obligation of confidentiality;
ii. is actually known to or in the possession of Purchaser
without any limitation on use or disclosure prior to receipt from Uni-Marts; or
iii. is rightfully received from a third party in possession of such
information who is not under obligation to Uni-Marts not to disclose the information.
Purchaser shall hold in strict confidence and trust all Confidential
Information and shall not disclose, sell, rent or otherwise provide or transfer, directly or
indirectly, any Confidential Information or anything related to the Confidential
Information to third parties, without the prior written consent of Uni-Marts. Purchaser
shall use the Confidential Information only in accordance with the terms and provisions
of this Agreement, and not for any other purpose whatsoever. Notwithstanding the
foregoing, Purchaser will be permitted to disclose Confidential Information pursuant to a
court order, government order or any other legal requirement of disclosure if no suitable
protective order or equivalent remedy is available, provided that Purchaser gives Uni-
Marts written notice of such court order, government order or legal requirement of
disclosure immediately upon knowledge thereof and allows Uni-Marts a reasonable
opportunity to seek to obtain a protective order or other appropriate remedy prior to
"4"
610315 17/21/05
such disclosure to the extent permitted by law, and further provided that Purchaser shall
furnish only that portion of the Confidential information which Purchaser is advised by a
written opinion of counsel is legally required. Upon termination of this Agreement, or
upon earlier request by Uni-Marts, Purchaser shall promptly return to Uni-Marts or, at
Uni-Marts' option, destroy any and all Confidential Information, including all copies or
duplicates thereof.
9. Equitable Relief. Purchaser understands that in the event Purchaser fails
to comply with the provisions of Sections 2, 3, 7 and 8 hereof, Uni-Marts shall suffer
irreparable harm which would not be adequately compensated for by monetary
damages alone. Purchaser, therefore, agrees that in the event of a breach or
threatened breach of any of such provisions by Purchaser, Uni-Marts shall be entitled to
injunctive and/or other preliminary or equitable relief, in addition to any other remedies
available at law, without having to prove actual damages or to post a bond.
10. Representations and Warranties of Purchaser. Purchaser hereby
represents and warrants that:
a. Purchaser is duly organized and validly subsisting under the laws of
the state identified above and has the full power and authority to enter into this
Agreement;
b. the execution, delivery and performance of this Agreement and the
consummation of the transactions contemplated hereby have been duly authorized by
all necessary action by and on behalf of Purchaser, and this Agreement constitutes the
valid and binding obligation of Purchaser, enforceable against it in accordance with its
terms;
C. the execution, delivery and performance of this Agreement and the
consummation of the transactions contemplated hereby, do not, with or without the
giving of notice, the lapse of time or both:
i. result in a violation of Purchaser's organizational documents
(where appropriate),
ii. contravene or conflict with, or constitute a violation of, any
judgment, injunction, order or decree binding upon or applicable to Purchaser,
iii. require any consent, approval or other action by any third
party, or
iv. contravene or conflict with, or constitute a violation of, any
agreement to which Purchaser is a party or by which Purchaser is bound.
610315.1 W21/05 -5-
11. Acknowledgements. Purchaser and Uni-Marts hereby further
acknowledge and agree that the Payments made by Purchaser to Uni-Marts hereunder
are solely in consideration of the Trademark License and 1-800 support provided by
Uni-Marts hereunder.
12. Term and Termination.
a. The term of this Agreement shall be the same as the term of the
Lease between Uni-Marts and Purchaser.
b. Notwithstanding Section 12.a. hereof, this Agreement may be
terminated as follows:
i. by either party, in the event the other party has breached a
covenant, obligation or warranty under this Agreement and such breach remains
uncured for a period of thirty (30) days after notice thereof is sent to such other party
and, in the case of Purchaser's default, to Lender and the SBA, who shall have the
same opportunity to cure such default;
ii. by either party, without notice, in the event the other party
ceases to conduct business;
iii. by either party, without notice, should the other party admit
in writing its inability to pay its debts generally as they become due; make a general
assignment for the benefit of creditors; institute proceedings to be adjudicated a
voluntary bankrupt, or consent to the filing of a petition of bankruptcy against it; be
adjudicated by a court of competent jurisdiction as being bankrupt or insolvent; seek
reorganization under any bankruptcy act, or consent to the filing of a petition seeking
such reorganization; or, have a decree entered against it by a court of competent
jurisdiction appointing a receiver, liquidator, trustee, or assignee in bankruptcy or in
insolvency covering all or substantially all of such party's property or providing for the
liquidation of such party's property or business affairs; or
iv. by Uni-Marts, immediately upon a breach by Purchaser of
Section 2, 3, 7 or 8 hereof. If any applicable law requires a greater notice of the
termination of, or the election not to renew, this Agreement, or the taking of some other
action with respect to such termination or election not to renew than is required by the
Agreement, such requirements of law shall be deemed substituted for the notice
requirements contained in this Agreement.
C. Upon termination of this Agreement by either party, Purchaser shall
immediately pay to Uni-Marts all sums payable under this Agreement, including, without
limitation, all Payments accruing through the effective date of termination, without setoff
610315.1 7121/05 -6-
or reduction of any kind. Termination of this Agreement will terminate the Lease, the
Trademark License and all other rights granted by Uni-Marts to Purchaser hereunder.
Upon such termination, Purchaser shall immediately cease use of the Marks, return any
Uni-Marts-provided materials to Uni-Marts and return to Uni-Marts or, at Uni-Marts'
option, destroy all Purchaser-Prepared Materials using or incorporating the Marks. After
expiration or termination of this Agreement, Purchaser shall not operate or do business
under any name or in any manner or style that might tend to give the general public the
impression that it is, either directly or indirectly, associated, affiliated, licensed by or
related to Uni-Marts; and upon such expiration or termination, Uni-Marts may, if
Purchaser does not do so, execute in Purchaser's name and on its behalf any and all
documents necessary or appropriate in Uni-Marts' judgment to end and cause the
discontinuance of Purchaser's use of the Marks, and Uni-Marts is hereby irrevocably
appointed and designated as Purchaser's attorney-in-fact to do so.
d. All provisions hereof that are intended by their terms to survive
termination or expiration of this Agreement, including, without limitation, Sections 3.b, 5,
6, 7, 8, 9, 10, 11, 12, 12c, 12d, 13, 14, 15 and 16 hereof, shall survive such termination
or expiration.
13. DISCLAIMER OF WARRANTIES: LIMITATION OF LIABILITY. UNI-
MARTS SHALL PROVIDE TO PURCHASER CERTAIN WARRANTIES OF TITLE AND
OTHER WARRANTIES PURSUANT TO THE PURCHASE AND SALE AGREEMENT
AND THE TRANSACTION DOCUMENTS (AS DEFINED IN THE PURCHASE AND
SALE AGREEMENT), AND WARRANTIES OF NON-INFRINGEMENT HEREUNDER.
UNI-MARTS DOES NOT MAKE ANY, AND HEREBY SPECIFICALLY DISCLAIMS ANY
AND ALL OTHER WARRANTIES, EXPRESS OR IMPLIED, INCLUDING BUT NOT
LIMITED TO WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A
PARTICULAR PURPOSE, WITH REGARD TO THE TRADEMARK LICENSE, MARKS,
KNOW-HOW, SPECIFICATIONS, OR DOCUMENTATION. TO THE MAXIMUM
EXTENT PERMITTED BY APPLICABLE LAW, IN NO EVENT SHALL UNI-MARTS BE
LIABLE TO PURCHASER OR ANY THIRD PARTY FOR SPECIAL, INCIDENTAL,
INDIRECT, CONSEQUENTIAL OR PUNITIVE DAMAGES (INCLUDING, WITHOUT
LIMITATION, DAMAGES FOR LOSS OF INCOME, PROFITS OR ANY OTHER
PECUNIARY LOSS) ARISING OUT OF OR IN CONNECTION WITH THE
TRADEMARK LICENSE, MARKS, KNOW-HOW, SPECIFICATIONS, OR
DOCUMENTATION, EVEN IF UNI-MARTS HAS BEEN ADVISED OF THE
POSSIBILITY OF SUCH DAMAGES. UNI-MARTS' ENTIRE LIABILITY TO
PURCHASER AND/OR ANY THIRD PARTY SHALL BE LIMITED, IN THE
AGGREGATE, TO THE PAYMENTS PAID BY PURCHASER HEREUNDER.
14. Infringement Indemnification. Uni-Marts shall indemnify, defend and hold
harmless Purchaser from and against any claim by any third party that Purchaser's use
of the Marks, Know-How and/or Documentation in accordance with the terms hereof
infringes any United States patent, trademark or copyright; provided, however, that
Purchaser promptly notifies Uni-Marts of such claim in writing. Uni-Marts shall have the
-7-
610315.17121/05
right to defend and settle any such claim, and Purchaser shall not enter into any
settlement or other agreement with respect to same without the prior written consent of
Uni-Marts. Purchaser may participate in the defense of such claim at its own expense.
15. Purchaser Indemnification and Insurance. Purchaser shall indemnify,
defend and hold harmless Uni-Marts, its officers, managers, members, employees,
agents and legal representatives from and against any and all losses, liabilities, claims,
actions, damages, demands, costs and expenses (including, without limitation,
attorneys' fees and court costs) ("Losses") arising, directly or indirectly, out of or in
connection with
a. a breach of any representation, warranty or covenant of Purchaser
hereunder,
b. the operation of the Facilities,
c. the preparation, offer for sale or sale of merchandise by Purchaser,
or
d. any acts or omission of Purchaser, its officers, directors,
shareholders, members, managers, partners, employees, agents or contractors.
During the term hereof, Purchaser shall procure and maintain in full force
and effect comprehensive general liability insurance (including contractual liability
insurance sufficient to cover Purchaser's obligations pursuant to this section), statutory
workers' compensation and employer's liability insurance, and all other forms of
insurance, in such amounts and having such deductibles, as is necessary or
appropriate to the operation of Purchaser's business and its performance hereunder, in
accordance with all Laws and industry standards. All such policies shall name Uni-
Marts as an additional named insured, and shall contain an endorsement requiring the
insured and insurer to give Uni-Marts thirty (30) days advance written notice before any
termination or cancellation of such policy will be effective. Purchaser shall promptly
deliver certificates of all insurance to Uni-Marts, as such insurance is procured or
renewed by Purchaser.
16. Miscellaneous. This Agreement is the sole and entire agreement between
the parties relating to the subject matter hereof, and supersedes all prior
understandings, agreements, and documentation between the parties with respect
thereto. This Agreement may be amended only by a written instrument executed by the
authorized representatives of both parties. This Agreement shall be interpreted in
accordance with the substantive law of the Commonwealth of Pennsylvania, without
regard to Pennsylvania's principles regarding conflict of laws. The state and federal
courts located in Pennsylvania shall have exclusive jurisdiction over any and all
disputes arising out of or in connection with this Agreement, and Purchaser and Uni-
610315.1 7121105 -8-
Marts each hereby consents to the personal jurisdiction of such courts. Uni-Marts and
Purchaser are independent contractors under this Agreement, and nothing herein shall
be construed to create a partnership, joint venture, or agency relationship between the
parties hereto. Neither party shall have any power or authority to enter into agreements
of any kind on behalf of, or to otherwise bind or obligate, the other party in any manner
to any third party. The provisions set forth in this Agreement are for the sole benefit of
the parties hereto and their successors and permitted assigns, and they shall not be
construed as conferring any rights on any other persons, except as expressly provided
in Section 15 hereof. All notices, consents, waivers or other communications which are
required or permitted hereunder shall be sufficient if given in writing to the parties at the
addresses set forth above (or to such other address as shall be set forth in a notice
given in the same manner) and shall be deemed to have been given three (3) business
days after mailing if sent by registered or certified mail (postage prepaid), one business
day after mailing if sent by overnight mail service, or on the date delivered or
transmitted if delivered personally or sent by facsimile transmission (receipt confirmed).
Neither party shall by mere lapse of time without giving notice or taking other action
hereunder be deemed to have waived any breach by the other party of any provision of
this Agreement. Further, the waiver by either party of a particular breach of this
Agreement by the other party shall not be construed as, or constitute, a continuing
waiver of such breach, or of other breaches of the same or other provisions of this
Agreement. If any provision of this Agreement shall be held illegal, unenforceable, or in
conflict with any law of a federal, state, or local government having jurisdiction over this
Agreement, the validity of the remaining portions or provisions hereof shall not be
affected thereby. This Agreement may be executed in one or more counterpart copies,
each of which shall be deemed an original and all of which shall together be deemed to
constitute one agreement.
IN WITNESS WHEREOF the parties hereto have caused this Agreement to be
executed by their duly authorized representatives.
UNI-MARTW LLC
By:
Its:
SAIMA INTERNATIONAL, INIZ.
V?
By:
Its: President
610315.17/1-1/05 -9-
Exhibit D
Site No.: 04234
Location: 1962 Spring Road
Carlisle PA 17013
County: Cumberland
LEASE
THIS LEASE (this "Lease") is made as of &UMA A , 2005 (the "Effective Date"),
by and between UNI-MARTS, LLC, a Pennsylvania t ited liability company ("Lessor"), whose
address is 477 East Beaver Avenue, State College, Pennsylvania 16801-5690, and SAIMA
INTERNATIONAL, INC., a Pennsylvania corporation ("Lessee"), whose address is 2203 Glen
Allen Avenue, Apt T-2, Silver Spring, MD 20906.
WUNESSETH:
THAT, in consideration of the mutual covenants and agreements herein contained, Lessor
and Lessee hereby covenant and agree as follows:
1. Certain Defined Terms. The following terms shall have the following meanings
for all purposes of this Lease:
"Action" has the meaning set forth in Section 23.A(iv).
"Additional Rental" has the meaning set forth in Section 6.B.
"Affiliate" or "Affiliates" means any Person which directly or indirectly controls, is under
common control with or is controlled by any other Person. For purposes of this definition,
"controls", "under common control with", and "controlled by" means the possession, directly or
indirectly, of the power to direct or cause the direction of the management and policies of such
Person, whether through the ownership of voting securities or otherwise.
"Applicable Regulations" has the meaning set forth in Section 16.A.
"Base Annual Rental" means (i) during the first Lease Year, Sixty-Nine Thousand, Nine
Hundred and Three Dollars ($69,903.00) per year, and (ii) commencing with the second Lease
Year, and each and for every Lease Year thereafter (including the Lessor Extension Period if
applicable), an amount equal to the lesser of (a) the Base Annual Rental for the immediately
preceding Lease Year multiplied by one hundred two percent (102%) or (b) the Base Annual
Rental for the immediately preceding Lease Year multiplied by the CPI Adjustment, but in no
event shall Base Annual Rental decline as a result of this calculation.
Rental.
"Base Monthly Rental" means an amount equal to 1/12 of the applicable Base Annual
F0_ 1
923545.111/20105
"Business Day" means a day on which Lessor is open for business other than Saturday,
Sunday or a legal holiday, ending at 5:00 p.m. Philadelphia, Pennsylvania time.
"Code" means the United States Bankruptcy Code, 1 I U.S.C. Sec. 101 et seq., as
amended.
"Counsel" means legal counsel to Lessee, licensed in the state in which (i) the Premises
are located; (ii) Lessee is formed; and (iii) Lessee maintains its principal place of business.
"CPI Adjustment" means a fraction, the numerator of which is CPI-U for the calendar
month two months prior to the calendar month in which the Effective Date occurs and the
denominator of which is the CPI-U for the calendar month which is 14 months prior to the
calendar month in which the Effective Date occurs. (For example, if the Effective Date is June
5, 2004, the first CPI Adjustment calculation would consist of the CPI-U for the month of April
2005 divided by the CPI-U for the month of April 2004.)
"CPI-U" means the "Consumer Price Index--Not Seasonally Adjusted Northeast Urban
Area For All Items For All Urban Consumers (1982-1984=100)," published monthly by the
Bureau of Labor Statistics of the United States Department of Labor. If the foregoing index is
discontinued, a reasonably comparable index published by the Bureau of Labor Statistics of the
United States Department of Labor selected by Lessor shall be used. If the Bureau of Labor
Statistics shall no longer maintain statistics on the purchasing power of the consumer dollar,
comparable statistics published by a responsible financial periodical or recognized authority
reasonably selected by the Lessor shall be used. If the base year "(1982-1984=100)" or other
base year used in computing the CPI-U is changed, the figures used in calculating the CPI
Adjustment shall be changed accordingly, so that all increases in the CPI-U are taken into
account notwithstanding any such change in the base year.
"De Minimis Amounts" shall mean, with respect to any given level of Hazardous
Materials or Regulated Substances, that level or quantity of Hazardous Materials or Regulated
Substances in any form or combination of forms the use, storage or release of which does not
constitute a violation of any Environmental Laws and is customarily employed in the ordinary
course of, or associated with, similar businesses located in the state in which the Premises is
located.
less.
"Default Rate" means 18% per annum or the highest rate permitted by law, whichever is
"Environmental Indemnity Agreement" means that certain Environmental Indemnity and
Service Agreement dated the date hereof by and between Lessor and Lessee executed in
connection with this Lease.
"Environmental Laws" means any present and future federal, state and local laws,
statutes, ordinances, rules, regulations and the like, as well as common law, relating to
Hazardous Materials, Regulated Substances or USTs and/or the protection of human health or
the environment, by reason of a Release or Threatened Release of Hazardous Materials,
827545.11 MOM
-2-
Regulated Substances or USTs or relating to liability for or costs of Remediation or prevention
of Releases. "Environmental Laws" includes, but is not limited to, the following statutes, as
amended, any successor thereto, and any regulations rulings, orders or decrees promulgated
pursuant thereto, and any state or local statutes, ordinances, rules, regulations and the like
addressing similar issues: the Comprehensive Environmental Response, Compensation and
Liability Act; the Emergency Planning and Community Right-to-Know Act; the Hazardous
Materials Transportation Act; the Resource Conservation and Recovery Act (including but not
limited to Subtitle I relating to USTs); the Solid Waste Disposal Act; the Clean Water Act; the
Clean Air Act; the Toxic Substances Control Act; the Safe Drinking Water Act; the Occupational
Safety and Health Act; the Federal Water Pollution Control Act; the Federal Insecticide,
Fungicide and Rodenticide Act; the Endangered Species Act; the National Environmental Policy
Act; and the River and Harbors Appropriation Act. "Environmental Laws" also includes, but is
not limited to, any present and future federal, state and local laws, statutes, ordinances, rules,
regulations and the like, as well as common law: conditioning transfer of property upon a
negative declaration or other approval of a Governmental Authority of the environmental
condition of the property; requiring notification or disclosure of Releases or other environmental
condition of the Premises to any Governmental Authority or other person or entity, whether or
not in connection with transfer of title to or interest in property; imposing conditions or
requirements relating to Hazardous Materials, Regulated Substances or USTs in connection with
permits or other authorization for lawful activity; relating to nuisance, trespass or other causes of
action related to Hazardous Materials, Regulated Substances or USTs; relating to the handling
and disposal of solid or hazardous waste; and relating to wrongful death, personal injury, or
property or other damage in connection with the physical condition or use of the Premises by
reason of the presence of Hazardous Materials, Regulated Substances or USTs in, on, under or
above the Premises.
"Environmental Liens" has the meaning set forth in Section 16.E.
"Event of Default" has the meaning set forth in Section 23.
"General Electric" means (a) the holder of the GE Mortgage, being either (i) GE Capital
Franchise Finance Corporation ("GECFF") or (ii) LaSalle Bank National Association, as
Indenture Trustee pursuant to that certain Indenture dated as of April 1, 1999 ("LaSalle") (for
whom GECFF is servicer), and (b) to the extent that the GE Mortgage is held by LaSalle,
GECFF as servicer of the GE Mortgage.
"GE Mortgage" means that certain Open End Mortgage, Assignment of Leases and
Rents, Security Agreement and Fixture Filing dated as of June 30, 1998 executed by Lessor and
held by General Electric as of the Effective Date.
"Governmental Authority" means any governmental authority, agency, department,
commission, bureau, board, instrumentality, court or quasi-governmental authority of the United
States, the State or any political subdivision thereof.
827545.11 7/20105
-3-
"Ground Lease" means all ground leases or underlying leases executed by Lessor
affecting the Premises including, without limitation, any ground lease that may be executed in
connection with a sale/leaseback transaction entered into by Lessor with respect to the Premises.
"Ground Lessor" means the lessor under a Ground Lease.
"Hazardous Materials" means (i) any toxic substance or hazardous waste, substance,
solid waste, or related material, or any pollutant or contaminant; (ii) radon gas, asbestos in any
form which is or could become friable, urea formaldehyde foam insulation, transformers or other
equipment which contains dielectric fluid containing levels of polychlorinated biphenyls in
excess of federal, state or local safety guidelines, whichever are more stringent, or any petroleum
product; (iii) any substance, gas, material or chemical which is or may be defined as or included
in the definition of "hazardous substances," "toxic substances," "hazardous materials,"
"hazardous wastes," "regulated substances" or words of similar import under any Environmental
Laws; and (iv) any other chemical, material, gas or substance the exposure to or release of which
is or may be prohibited, limited or regulated by any Governmental Authority that asserts or may
assert jurisdiction over the Premises or the operations or activity at the Premises, or any
chemical, material, gas or substance that does or may pose a hazard to the health and/or safety of
the occupants of the Premises or the owners and/or occupants of property adjacent to or
surrounding the Premises.
"Indemnified Parties" means Lessor, Mortgagee and their directors, officers,
shareholders, partners, members, employees, agents, servants, representatives, contractors,
subcontractors, affiliates, subsidiaries, participants, successors and assigns, including, but not
limited to, any successors by merger, consolidation or acquisition of all or a substantial portion
of the assets and business of Lessor or Mortgagee, as applicable.
"Lease Term" shall have the meaning described in Section 5.
"Lease Year" shall have the meaning described in Section 5.
"Lessor's Broker" means N/A
"Losses" means any and all claims, suits, liabilities (including, without limitation, strict
liabilities), actions, proceedings, obligations, debts, damages, losses, costs, expenses,
diminutions in value, fines, penalties, charges, fees, expenses, judgments, awards, amounts paid
in settlement and damages of whatever kind or nature (including, without limitation, reasonable
attorneys' fees, court costs and other costs of defense).
"Material Adverse Effect" means a material adverse effect on (i) the Premises, including,
without limitation, the operation of the Premises as a Uni-Mart Facility and/or the value of the
Premises or (ii) Lessee's ability to perform its obligations under this Lease.
"Mortgage" means any mortgage or deed of trust and/or assignment of rents and leases,
and/or security agreement and fixture filing executed by Lessor for the benefit of a Mortgagee
827 54 5 11 720105
-4-
with respect to the Premises, as such instruments may be amended, restated and/or supplemented
from time to time, and includes, without limitation, the GE Mortgage.
"Mortgagee" means General Electric, its successors and assigns and any other lender
which, at any time, holds a Mortgage. The term Mortgagee shall also be deemed to include
Ground Lessors except where the treatment of Ground Lessors is specifically distinguished from
Mortgagees under the provisions of this Lease.
"Partial Taking" has the meaning set forth in Section 21.D.
"Person" means any individual, corporation, partnership, limited liability company, trust,
unincorporated organization, Governmental Authority or any other form of entity.
"Premises" means that certain property situated in the Location identified on page 1 of
this Lease and legally described in Exhibit A attached hereto, all rights, privileges and
appurtenances associated therewith, and all buildings, fixtures and other improvements
(including, without limitation, gas pumps, canopies and USTs) now or hereafter located on such
real estate (whether or not affixed to such real estate).
"Regulated Substances" means "petroleum" and "petroleum-based substances" or any
similar terms described or defined in any of the Environmental Laws and any applicable federal,
state, county or local laws applicable to or regulating USTs.
"Release" means any presence, release, deposit, discharge, emission, leaking, spilling,
seeping, migrating, injecting, pumping, pouring, emptying, escaping, dumping, disposing or
other movement of Hazardous Materials, Regulated Substances or USTs.
"Remediation" means any response, remedial, removal, or corrective action, any activity
to cleanup, detoxify, decontaminate, contain or otherwise remediate any Hazardous Material,
Regulated Substances or USTs, any actions to prevent, cure or mitigate any Release, any action
to comply with any Environmental Laws or with any permits issued pursuant thereto, any
inspection, investigation, study, monitoring, assessment, audit, sampling and testing, laboratory
or other analysis, or any evaluation relating to any Hazardous Materials, Regulated Substances or
USTs.
"State" means the state in which the Premises are located.
"Taking" has the meaning set forth in Section 21.A.
"Temporary Taking" has the meaning set forth in Section 21.C.
"Third Party Leases" means the leases for certain portions of the Premises set forth on
Exhibit B, attached hereto, and any replacement or renewal leases for the space leased pursuant
to the leases listed on Exhibit B.
823545.11 moms
-5-
"Threatened Release" means a substantial likelihood of a Release which requires action
to prevent or mitigate damage to the soil, surface waters, groundwaters, land, stream sediments,
surface or subsurface strata, ambient air or any other environmental medium comprising or
surrounding the Premises which may result from such Release.
"Total Taking" has the meaning set forth in Section 21.B.
"Uni-Mart Facility" means a retail business consisting of one or more of the following:
convenience store, gasoline station, tobacco store, food service, together with such other
ancillary uses permitted by the Third Party Leases that are not inconsistent with the operations of
such retail businesses.
"USTs" means any one or combination of tanks and associated underground piping
systems used in connection with the storage, dispensing and general use of Regulated Substances
at the Premises.
2. Demise of Premises In consideration of the rentals and other sums to be paid by
Lessee and of the other terms, covenants and conditions on Lessee's part to be kept and
performed, Lessor hereby leases to Lessee, and Lessee hereby takes and hires, the Premises.
3. Assignment of Third Party Leases. Lessor hereby assigns, transfers and sets over
to Lessee for the Term all right, title and interest of Lessor in and to the Third Party Leases, and
Lessee assumes and agrees to perform all obligations of Lessor under such Third Party Leases
arising and accruing after the Effective Date and for the balance of the Term.
4. Characterization of Lease.
A. Lessor and Lessee intend that:
(i) this Lease is a "true lease" and not a financing lease, capital lease,
mortgage, equitable mortgage, deed of trust, trust agreement, security agreement
or other financing or trust arrangement, and the economic realities of this Lease
are those of a true lease; and
(ii) the business relationship created by this Lease and any related
documents is solely that of a long-term commercial lease between landlord and
tenant and has been entered into by both parties in reliance upon the economic
and legal bargains contained herein.
B. Lessor and Lessee acknowledge and agree that the Lease Term, including
any term extensions provided for in this Lease, is less than the remaining economic life of the
Premises.
C. Lessee waives any claim or defense based upon the characterization of this
Lease as anything other than a true lease. Lessee covenants and agrees that it will not assert that
this Lease is anything but a true lease. Lessee stipulates and agrees not to challenge the validity,
enforceability or characterization of the lease of the Premises as a true lease and further
823545.11 720105
-6-
stipulates and agrees that nothing contained in this Lease creates or is intended to create a joint
venture, partnership (either de jure or de facto), equitable mortgage, trust, financing device or
arrangement, security interest or the like. Lessee shall support the intent of the parties that the
lease of the Premises pursuant to this Lease is a true lease and does not create a joint venture,
partnership (either de jure or de facto), equitable mortgage, trust, financing device or
arrangement, security interest or the like, if, and to the extent that, any challenge occurs.
D. Lessee waives any claim or defense based upon the characterization of this
Lease as anything other than a lease of the Premises.
E. Lessee represents and warrants to Lessor that (i) the Base Annual Rental is
the fair market value for the use of the Premises and was agreed to by Lessor and Lessee on that
basis, and (ii) the execution, delivery and performance by Lessee of this Lease does not
constitute a transfer of all or any part of the Premises.
F. The expressions of intent, the waivers, the representations and warranties,
the covenants, the agreements and the stipulations set forth in this Section are a material
inducement to Lessor entering into this Lease.
5. Lease Term and Lease Year.
A. The Lease Term for the Premises commences as of the Effective Date and
shall expire on (a) the day immediately preceding the twentieth (20ffi ) anniversary of the
Effective Date, if the Effective Date is the first day of a month or (b) the last day of the calendar
month in which falls the 20`h anniversary of the Effective Date, if the Effective Date is a day
other than the first day of a month, unless terminated sooner as provided in this Lease. The time
period during which this Lease shall actually be in effect is referred to herein as the "Term" or
"Lease Term." Lessor shall have the option (the "Lessor Extension Option"), on one occasion,
any time during the first five (5) Lease Years, to extend the Lease Term by any period desired by
Lessor up to but not exceeding five (5) years (the "Lessor Extension Period"). In the event that
Lessor desires to exercise the Lessor Extension Option, Lessor shall give Lessee written notice
thereof prior to the expiration of the fifth (5 h) Lease Year, specifying the length of the Lessor
Extension Period.
B. The First "Lease Year" of the Term shall commence on the Effective Date
and shall end (a) on the day immediately preceding the first anniversary of the Effective Date, if
the Effective Date is the first day of the month, or (b) on the last day of the calendar month in
which the first anniversary of the Effective Date occurs, if the Effective Date is any day other
than the first day of a calendar month. Each subsequent Lease Year shall be a period of twelve
months (or such shorter period as remains in the term), commencing on the day immediately
following the expiration of the prior Lease Year.
6. Rental and Other Payments.
A. If the Effective Date is a date other than the first day of the month, Lessee
shall pay Lessor on the Effective Date the Base Monthly Rental prorated on the basis of the ratio
that the number of days from the Effective Date through the last day of the month containing the
Effective Date bears to the number of days in such month. Therefore, on or before the first day of
!2)545.11 MOM
-7-
each calendar month during the Lease Term, Lessee shall pay Lessor in advance the Base
Monthly Rental.
B. All sums of money required to be paid by Lessee under this Lease which
are not specifically referred to as rent ("Additional Rental") shall be considered rent although not
specifically designated as such. Lessor shall have the same remedies for nonpayment of
Additional Rental as those provided herein for the nonpayment of Base Annual Rental.
7. Representations and Warranties of Lessor. The representations and warranties of
Lessor contained in this Section are being made to induce Lessee to enter into this Lease and
Lessee has relied and will continue to rely upon such representations and warranties. Lessor
represents and warrants to Lessee as follows:
A. Organization, Authority and Status of Lessor.
(i) Lessor has been duly organized and is validly existing and in good
standing under the laws of the State of Pennsylvania. All necessary corporate
action has been taken to authorize the execution, delivery and performance by
Lessor of this Lease and the other documents, instruments and agreements
provided for herein.
(ii) The person who has executed this Lease on behalf of Lessor is
duly authorized so to do.
B. Enforceability. This Lease constitutes the legal, valid and binding
obligation of Lessor, enforceable against Lessor in accordance with its terms.
C. Litigation. There are no suits, actions, proceedings or investigations
pending, or to the best of its knowledge, threatened against or involving Lessor before any
arbitrator or Governmental Authority which might reasonably result in any material adverse
change in the contemplated business, condition, worth or operations of Lessor, or the Premises.
D. Absence of Breaches or Defaults. The authorization, execution, delivery
and performance of this Lease and the documents, instruments and agreements provided for
herein will not result in any breach of or default under any other document, instrument or
agreement to which Lessor is a party or by which Lessor or any of the property of Lessor is
subject or bound. Without limitation, Lessor has obtained all necessary consents from General
Electric to enter into and perform this Lease.
8. Representations and Warranties of Lessee. The representations and warranties of
Lessee contained in this Section are being made to induce Lessor to enter into this Lease and
Lessor has relied, and will continue to rely, upon such representations and warranties. Lessee
represents and warrants to Lessor as follows:
A. Organization, Authority and Status of Lessee.
(i) Lessee has been duly organized or formed, is validly existing and
in good standing under the laws of the State of Pennsylvania and is
823545.11 720A5
.g.
qualified to do business in the State. All necessary corporate action has been taken
to authorize the execution, delivery and performance by Lessee of this Lease and
of the other documents, instruments and agreements provided for herein. Lessee is
not a "foreign corporation", "foreign partnership", "foreign trust" or "foreign
estate", as those terms are defined in the Internal Revenue Code and the
regulations promulgated thereunder. Lessee's United States tax identification
number is correctly set forth on the signature page of this Lease.
(ii) Lessee's Tax Identification Number is 71-0965149
(iii) The persons who have executed this Lease on behalf of Lessee are
duly authorized to do so.
B. Enforceability. This Lease constitutes the legal, valid and binding
obligation of Lessee, enforceable against Lessee in accordance with its terms.
C. Litigation. There are no suits, actions, proceedings or investigations
pending, or to the best of its knowledge, threatened against or involving Lessee before any
arbitrator or Governmental Authority which might reasonably result in any material adverse
change in the contemplated business, condition, worth or operations of Lessee, or the Premises.
D. Absence of Breaches or Defaults. The authorization, execution, delivery
and performance of this Lease and the documents, instruments and agreements provided for
herein will not result in any breach of or default under any other document, instrument or
agreement to which Lessee is a party or by which Lessee or any of the property of Lessee is
subject or bound.
E. Licenses and Permits. Lessee has obtained all required licenses and
permits, both governmental and private, to use and operate the Premises as a Uni-Mart Facility,
except to the extent the failure to have such licenses and permits will not have a Material
Adverse Effect.
F. Financial Condition; Information Provided to Lessor. The financial
statements, all financial data and all other documents and information heretofore delivered to
Lessor by or with respect to Lessee and/or the Premises in connection with this Lease and/or
relating to Lessee and/or the Premises are true, correct and complete in all material respects, and
there have been no amendments to such financial statements, financial data and other documents
and information since the date such financial statements, financial data, documents and other
information were prepared or delivered to Lessor, and no material adverse change has occurred
to any such financial statements, financial data, documents and other information not disclosed
in writing to Lessor.
9. Rentals To Be Net to Lessor. The Base Annual Rental payable hereunder shall be
net to Lessor, so that this Lease shall yield to Lessor the rentals specified during the Lease Term
and that all costs, expenses and obligations of every kind and nature whatsoever relating to the
Premises shall be performed and paid by Lessee.
9"515 It MOM
-9-
10. Taxes and Assessments. Lessee shall pay, prior to the earlier of delinquency or
the accrual of interest on the unpaid balance, all taxes and assessments of every type or nature
assessed against or imposed upon the Premises during the Lease Term which affect in any
manner the net return realized by Lessor under this Lease, including, without limitation, the
following:
A. All taxes and assessments upon the Premises or any part thereof and upon
any personal property, trade fixtures and improvements located on the Premises, whether
belonging to Lessor or Lessee, or any tax or charge levied in lieu of such taxes and assessments;
B. All taxes, charges, license fees and or similar fees imposed by reason of
the use of the Premises by Lessee; and
C. All excise, transaction, privilege, license, sales, use and other taxes upon
the rental or other payments hereunder, the leasehold estate of either party or the activities of
either party pursuant to this Lease.
D. All taxing authorities shall be instructed to send all tax and assessment
invoices to Lessor. After recording the information on such invoices, Lessor shall forward such
invoices to Lessee for payment. Within 30 days after each tax and assessment payment is
required by this Section to be paid, Lessee shall provide Lessor with evidence satisfactory to
Lessor that such payment was made in a timely fashion. Lessee may, at its own expense, contest
or cause to be contested (in the case of any item involving more than $10,000.00, after prior
written notice to Lessor), by appropriate legal proceedings conducted in good faith and with due
diligence, the amount or validity or application, in whole or in part, of any item specified in the
foregoing Subsection A or lien therefor, provided that (i) such proceeding shall suspend the
collection thereof from the Premises or any interest therein, (ii) neither the Premises nor any
interest therein would be in any danger of being sold, forfeited or lost by reason of such
proceedings, (iii) no Event of Default has occurred, (iv) Lessee shall have deposited with Lessor
adequate reserves for the payment of the taxes, together with all interest and penalties thereon,
unless paid in full under protest and (v) Lessee shall have furnished the security as may be
required in the proceeding or as may be required by Lessor to insure payment of any contested
taxes.
11. Utilities. Lessee shall contract, in its own name, for and pay when due all charges
for the connection and use of water, gas, electricity, telephone, garbage collection, sewer use and
other utility services supplied to the Premises during the Lease Term. Under no circumstances
shall Lessor be responsible for any interruption of any utility service.
12. Insurance. Throughout the Lease Term, Lessee shall maintain with respect to the
Premises, at its sole expense, the following types and amounts of insurance (which may be
included under a blanket insurance policy if all the other terms hereof are satisfied), in addition
to such other insurance as Lessor may reasonably require from time to time:
A. Insurance against loss, damage or destruction by fire and other casualty,
including theft, vandalism and malicious mischief, flood (if the Premises is in a location
designated by the Federal Emergency Management Administration as a Special Flood Hazard
823545.11 720M -10-
Area), earthquake (if the Premises is located in an area subject to destructive earthquakes within
recorded history), boiler explosion (if the Premises contains a boiler), plate glass breakage,
sprinkler damage (if the Premises has a sprinkler system), all matters covered by a standard
extended coverage endorsement, all matters covered by a special coverage endorsement
commonly known as an "all risk" endorsement, and such other risks as Lessor may reasonably
require, insuring the Premises for not less than 100% of its full insurable replacement cost;
provided, however, with respect to theft, vandalism, malicious mischief and plate glass breakage
coverage, Lessee may elect to self insure such items, provided that Lessee shall at all times
provide the remaining coverages set forth in this Section 12 with third party insurers complying
with the provisions of this Section 12.
B. Comprehensive general liability and property damage insurance, including
a products liability clause, covering Lessor, Mortgagee and Lessee against bodily injury liability,
property damage liability and automobile bodily injury and property damage liability, including
without limitation any liability arising out of the ownership, maintenance, repair, condition or
operation of the Premises or adjoining ways, streets or sidewalks and, if applicable, insurance
covering Lessor, Mortgagee and Lessee against liability arising from the sale of liquor, beer or
wine on the Premises. Such insurance policy or policies shall contain a broad form contractual
liability endorsement under which the insurer agrees to insure Lessee's obligations under Section
19 hereof to the extent insurable, and a "severability of interest" clause or endorsement which
precludes the insurer from denying the claim of Lessee, Lessor or Mortgagee because of the
negligence or other acts of the other, shall be in amounts of not less than $1,000,000.00 per
injury and occurrence with respect to any insured liability, whether for personal injury or
property damage, or such higher limits as Lessor may reasonably require from time to time, and
shall be of form and substance satisfactory to Lessor.
C. During the period of any construction, renovation or alteration of the
improvements, a builder's all risk insurance policy in non-reporting form for the full replacement
cost of any improvements under construction, renovation or alteration.
D. State Worker's compensation insurance in the statutorily mandated limits,
employer's liability insurance with limits not less than $500,000 or such greater amount as
Lessor may from time to time require and such other insurance as may be necessary to comply
with applicable laws.
E. Such other insurance with respect to the Premises and in such amounts as
Lessor may require from time to time against such insurable hazards or risks which at the time in
question are commonly insured against in the case of property similar to, or whose use is similar
to the use of, the Premises.
All insurance policies shall:
(i) Be in form reasonably acceptable to Lessor;
(ii) Be issued by a company or companies authorized to engage in the
business of issuing such policies in the State and reasonably acceptable to Lessor;
827545.11 MOM -11-
(iii) Provide for a waiver of subrogation by the insurer as to claims
against Lessor, its employees and agents and provide that such insurance cannot be
unreasonably cancelled, invalidated or suspended on account of the conduct of Lessee, its
officers, directors, employees or agents;
(iv) Provide that any "no other insurance" clause in the insurance
policy shall exclude any policies of insurance maintained by Lessor and that the
insurance policy shall not be brought into contribution with insurance maintained by
Lessor;
(v) Contain a standard without contribution mortgage clause
endorsement in favor of any lender designated by Lessor or Mortgagee;
(vi) Provide that the policy of insurance shall not be terminated,
cancelled or substantially modified without at least thirty (30) days' prior written notice to
Lessor, Mortgagee and to any lender covered by any standard mortgage clause
endorsement;
(vii) Provide that the insurer shall not have the option to restore the
applicable Premises if Lessor elects to terminate this Lease in accordance with the terms
hereof;
(viii) Be issued by insurance companies licensed to do business in the
State and which are rated ANI or better by Best's Insurance Guide or are otherwise
approved by Lessor; and
(ix) Provide that the insurer shall not deny a claim because of the
negligence of Lessee, anyone acting for Lessee or any tenant or other occupant of the
Premises.
It is expressly understood and agreed that the foregoing minimum limits of
insurance coverage shall not limit the liability of Lessee for its acts or omissions as provided in
this Lease. All insurance policies (with the exception of worker's compensation insurance to the
extent not available under statutory law) shall designate Lessor and Mortgagee as additional
insureds as their interests may appear and shall be payable as set forth in Section 21 hereof. All
such policies shall be written as primary policies, with deductibles not to exceed 10% of the
amount of coverage. Any other policies, including any policy now or hereafter carried by Lessor
or Mortgagee, shall serve as excess coverage. Lessee shall procure policies for all insurance for
periods of not less than one year and shall provide to Lessor and Mortgagee certificates of
insurance or, upon Lessor's request, duplicate originals of insurance policies evidencing that
insurance satisfying the requirements of this Lease is in effect at all times. If requested by
Lessor (but not more often than once in any two year period), Lessee shall have the full insurable
replacement cost of the improvements determined by an MAI licensed appraiser satisfactory to
Lessor, and Lessee shall deliver such determination to Lessor. Alternatively, Lessor may require
that inflation guard coverage be provided.
127545.11 712005
-12-
13. Tax and Insurance Impound. Upon the occurrence of an Event of Default,
Lessor may require Lessee to pay to Lessor sums which will provide an impound account (which
shall not be deemed a trust fund) for paying up to the next one year of taxes, assessments and/or
insurance premiums for the Premises. Upon such requirement, Lessor will estimate the amounts
needed for such purposes and will notify Lessee to pay the same to Lessor in equal monthly
installments, as nearly as practicable, in addition to all other sums due under this Lease. Should
additional funds be required at any time, Lessee shall pay the same to Lessor on demand. Lessee
shall advise Lessor of all taxes and insurance bills which are due and shall cooperate fully with
Lessor in assuring that the same are paid. Lessor may deposit all impounded funds in accounts
insured by any federal or state agency and may commingle such funds with other funds and
accounts of Lessor. Interest or other gains from such funds, if any, shall be the sole property of
Lessor. In the event of any default by Lessee, Lessor may apply all impounded funds against any
sums due from Lessee to Lessor. Lessor shall give to Lessee an annual accounting showing all
credits and debits to and from such impounded funds received from Lessee.
14. Payment of Rental and Other Sums. All rental and other sums which Lessee is
required to pay hereunder shall be the unconditional obligation of Lessee and shall be payable in
full when due without any setoff, abatement, deferment, deduction or counterclaim whatsoever.
Upon execution of this Lease, Lessee shall establish arrangements whereby payments of the Base
Monthly Rental, any Additional Rental and impound payments, if any, are transferred by wire or
other means directly from Lessee's bank account to such account as Lessor may designate;
provided, however, upon notice from Mortgagee to Lessee and Lessor delivered in the manner
set forth in Section 27, Lessee shall deliver all payments of Base Monthly Rental as specified in
such notice from Mortgagee. Any delinquent payment (that is, any payment not made within five
calendar days after the date when due) shall, in addition to any other remedy of Lessor, incur a
late charge of 10% (which late charge is intended to compensate Lessor for the cost of handling
and processing such delinquent payment and should not be considered interest) and bear interest
at the Default Rate, such interest to be computed from and including the date such payment was
due through and including the date of the payment; provided, however, in no event shall Lessee
be obligated to pay a sum of late charge and interest higher than the maximum legal rate then in
effect.
15. Use. The Premises shall be used solely for the operation of a Uni-Mart Facility
and for no other purpose. Except as set forth below, and except during periods when the
Premises is untenantable by reason of fire or other casualty or condemnation (provided, however,
during all such periods while the Premises is untenantable, Lessee shall strictly comply with the
terms and conditions of this Lease), Lessee shall at all times during the Lease Term occupy the
Premises and shall diligently operate its business on the Premises. Lessee may cease diligent
operation of business at the Premises for a period not to exceed 150 days and may do so only
once within any five-year period during the Lease Term. If Lessee does discontinue operation at
the Premises as permitted by this Section, Lessee shall (i) give written notice to Lessor and
Mortgagee sixty (60) days prior to ceasing operation (ii) give written notice to Lessor and
Mortgagee within 10 days after Lessee actually ceases operation, (iii) provide adequate
protection and maintenance of the Premises during any period of vacancy and (iv) pay all costs
necessary to restore the Premises to its condition on the day operation of the business ceased at
such time as the Premises are reopened for Lessee's business operations or other substituted use
approved by Lessor as contemplated below. Notwithstanding anything herein to the contrary,
827545.11 MOM -13-
Lessee shall pay the Base Monthly Rental on the first day of each month during any period in
which Lessee discontinues operation.
Lessee shall not, by itself or through any assignment, sublease or other type of transfer,
convert the Premises to an alternative use during the Lease Term without Lessor's consent, which
consent shall not be unreasonably withheld. Lessor may consider any or all of the following in
determining whether to grant its consent, without being deemed to be unreasonable: (i) whether
the rental paid to Lessor would be equal to or greater than the anticipated rental assuming
continued existing use, (ii) whether the proposed rental to be paid to Lessor is reasonable
considering the converted use of the Premises and the customary rental prevailing in the
community for such use, (iii) whether the converted use will be consistent with the highest and
best use of the Premises, and (iv) whether the converted use will increase Lessor's risks or
decrease the value of the Premises.
16. Compliance With Laws, Restrictions, Covenants and Encumbrances.
A. Lessee's use and occupation of the Premises, and the condition thereof,
shall, at Lessee's sole cost and expense, comply fully with (i) all applicable statutes, regulations,
rules, ordinances, codes, licenses, permits, orders and approvals of each Governmental Authority
having jurisdiction over the Premises, including, without limitation, all health, building, fire,
safety and other codes, ordinances and requirements and all applicable standards of the National
Board of Fire Underwriters and all policies or rules of common law, in each case, as amended,
and any judicial or administrative interpretation thereof, including any judicial order, consent,
decree or judgment applicable to Lessee (collectively, the "Applicable Regulations"), and (ii) all
restrictions, covenants and encumbrances of record with respect to the Premises, except where
such noncompliance will not have a Material Adverse Effect.
B. Lessee will not permit any act or condition to exist on or about the
Premises which will increase any insurance rate thereon, except when such acts are required in
the normal course of its business and Lessee shall pay for such increase.
C. Without limiting the generality of the other provisions of this Section,
Lessee agrees that it shall be responsible for complying in all respects with the Americans with
Disabilities Act of 1990, as such act may be amended from time to time, and all regulations
promulgated thereunder, as it affects the Premises. Lessee agrees that it will defend, indemnify
and hold harmless the Indemnified Parties from and against any and all Losses caused by,
incurred or resulting from Lessee's failure to comply with its obligations under this Section.
D. Lessee represents and warrants to Lessor as follows:
(i) The Lessee is not in violation of or subject to any existing, pending
or threatened investigation or inquiry by any Governmental Authority or to any
remedial obligations under any Environmental Laws. If any such investigation or
inquiry is subsequently initiated respecting Lessee or the Premises, Lessee will
promptly notify Lessor.
$25545.11 720/05 -14-
(ii) Lessee has not obtained and is not required to obtain any permits,
licenses or similar authorizations to construct, occupy, operate or use any
buildings, improvements, fixtures forming a part of the Premises by reason of any
Environmental Laws.
E. Lessee covenants to Lessor during the Lease Term that: (i) all uses and
operations on or of the Premises, whether by Lessee or any other person or entity, shall be in
compliance with all Environmental Laws and permits issued pursuant thereto; (ii) there shall be
no Releases in, on, under or from the Premises, except in De Minimis Amounts; (iii) there shall
be no Hazardous Materials in, on, or under the Premises, except in De Minimis Amounts; (iv)
Lessee shall keep the Premises free and clear of all liens and other encumbrances imposed
pursuant to any Environmental Law, whether due to any act or omission of Lessee or any other
person or entity (the "Environmental Liens"); (v) Lessee shall, at its sole cost and expense, fully
and expeditiously cooperate in all activities pursuant to Subsection (1) below, including but not
limited to providing all relevant information and making knowledgeable persons available for
interviews; (vi) Lessee shall, at its sole cost and expense, perform any environmental site
assessment or other investigation of environmental conditions in connection with the Premises as
may be reasonably requested by Lessor (including but not limited to sampling, testing and
analysis of soil, water, air, building materials and other materials and substances whether solid,
liquid or gas), and share with Lessor the reports and other results thereof, and Lessor and the
other Indemnified Parties shall be entitled to rely on such reports and other results thereof; (vii)
subject to the provisions of the Environmental Indemnity Agreement, Lessee shall, at its sole
cost and expense, comply with all reasonable written requests of Lessor to (1) reasonably
effectuate Remediation of any condition (including but not limited to a Release) in, on, under or
from the Premises; (2) comply with any Environmental Law; (3) comply with any directive from
any Governmental Authority; and (4) take any other reasonable action necessary or appropriate
for protection of human health or the environment; (viii) Lessee shall not do or allow any tenant
or other user of the Premises to do any act that materially increases the dangers to human health
or the environment, poses an unreasonable risk of harm to any person or entity (whether on or off
the Premises), impairs or may impair the value of the Premises, is contrary to any requirement of
any insurer, constitutes a public or private nuisance, constitutes waste, or violates any covenant,
condition, agreement or easement applicable to the Premises; and (ix) Lessee shall immediately
notify Lessor in writing of (A) any presence of Releases or Threatened Releases in, on, under,
from or migrating towards the Premises; (B) any non-compliance with any Environmental Laws
related in any way to the Premises; (C) any actual or potential Environmental Lien; (D) any
required or proposed Remediation of environmental conditions relating to the Premises; and (E)
any written or oral notice or other communication which Lessee becomes aware from any source
whatsoever (including but not limited to a Governmental Authority) relating in any way to
Hazardous Materials, Regulated Substances or USTs or Remediation thereof, possible liability of
any person or entity pursuant to any Environmental Law, other environmental conditions in
connection with the Premises, or any actual or potential administrative or judicial proceedings in
connection with anything referred to in this Section.
F. Lessor, Mortgagee and any other person or entity designated by Lessor,
including but not limited to any receiver, any representative of a Governmental Authority, and
any environmental consultant, shall have the right, but not the obligation, to enter upon the
Premises after at least 24 hours prior telephonic notice at all reasonable times (including, without
027545 11 720A5
-15-
limitation, in connection with the exercise of any remedies or rights set forth in this Lease or a
Mortgage to assess any and all aspects of the environmental condition of the Premises and its
use, including but not limited to conducting any environmental assessment or audit (the scope of
which shall be determined in Lessor's sole and absolute discretion) and taking samples of soil,
groundwater or other water, air, or building materials, and conducting other invasive testing.
Lessee shall cooperate with and provide access to Lessor, Mortgagee and any other person or
entity designated by Lessor; provided, however, the foregoing shall take reasonable steps so as to
not unreasonably interfere with Lessee's business operations. Any such assessment or
investigation shall be at Lessee's sole cost and expense.
G. Except as otherwise provided in the Environmental Indemnity Agreement,
Lessee shall, at its sole cost and expense, protect, defend, indemnify, release and hold harmless
the Indemnified Parties from and against any and all Losses (excluding Losses arising out of
Lessor's gross negligence or willful misconduct) and costs of Remediation (whether or not
performed voluntarily), engineers' fees, environmental consultants' fees, and costs of
investigation (including but not limited to sampling, testing, and analysis of soil, water, air,
building materials and other materials and substances whether solid, liquid or gas) imposed upon
or incurred by or asserted against any Indemnified Parties, and directly or indirectly arising out
of or in any way relating to any one or more of the following: (i) any presence of any Hazardous
Materials, Regulated Substances or USTs in, on, above, or under the Premises arising or
occurring on or after the Effective Date; (ii) any Release or Threatened Release in, on, above,
under or from the Premises arising or occurring on or after the Effective Date; (iii) any activity
by Lessee, any person or entity affiliated with Lessee or any tenant or other user of the Premises
in connection with any actual, proposed or threatened use, treatment, storage, holding, existence,
disposition or other Release, generation, production, manufacturing, processing, refining,
control, management, abatement, removal, handling, transfer or transportation to or from the
Premises of any Hazardous Materials, Regulated Substances or USTs at any time located in,
under, on or above the Premises; (iv) any activity by Lessee, any person or entity affiliated with
Lessee or any tenant or other user of the Premises in connection with any actual or proposed
Remediation of any Hazardous Materials, Regulated Substances or USTs at any time located in,
under, on or above the Premises, whether or not such Remediation is voluntary or pursuant to
court or administrative order, including but not limited to any removal, remedial or corrective
action; (v) any actual or threatened non-compliance or violations of any Environmental Laws (or
permits issued pursuant to any Environmental Law) in connection with the Premises or
operations thereon arising or occurring on or after the Effective Date, including but not limited to
any failure by Lessee, any person or entity affiliated with Lessee or any tenant or other user of
the Premises to comply with any order of any Governmental Authority in connection with any
Environmental Laws on or after the Effective Date; (vi) the imposition, recording or filing or the
threatened imposition, recording or filing of any Environmental Lien encumbering the Premises
as the result of any Release or Threatened Release in, on, above, under or from the Premises
arising or occurring on or after the Effective Date; (vii) any administrative processes or
proceedings or judicial proceedings in any way connected with any matter addressed in this
Section; (viii) any actual or threatened injury to, destruction of or loss of natural resources in any
way connected with the Premises, including but not limited to costs to investigate and assess
such injury, destruction or loss as a result of any Release or Threatened Release in, on, above,
under or from the Premises arising or occurring on or after the Effective Date; (ix) any acts of
Lessee or any other tenant, subtenant or users of the Premises in arranging for disposal or
821545.11 7120/05 -16-
treatment, or arranging with a transporter for transport for disposal or treatment, of Hazardous
Materials, Regulated Substances or USTs owned or possessed by such Lessee or such tenant,
subtenant or users, at any facility or incineration vessel owned or operated by another person or
entity and containing such or similar Hazardous Materials, Regulated Substances or USTs; (x)
any acts of Lessee or any other tenant, subtenant or users of the Premises, in accepting any
Hazardous Materials, Regulated Substances or USTs for transport to disposal or treatment
facilities, incineration vessels or sites selected by Lessee or such tenant, subtenant or users, from
which there is a Release, or a Threatened Release of any Hazardous Material or Regulated
Substances which causes the incurrence of costs for Remediation; (xi) any personal injury,
wrongful death, or property damage relating to environmental matters arising under any statutory
or common law or tort law theory, including but not limited to damages assessed for the
maintenance of a private or public nuisance or for the conducting of an abnormally dangerous
activity on or near the Premises, as a result of any Release or Threatened Release in, on, above,
under or from the Premises arising or occurring on or after the Effective Date; and (xii) any
misrepresentation or inaccuracy in any representation or warranty or material breach or failure to
perform any covenants or other obligations pursuant to this Section.
H. In addition to the other requirements of this Section, Lessee shall, at all
times throughout the Lease Term, comply with all Applicable Regulations.
1. In the event of a conflict between the provisions of the Environmental
Indemnity Agreement and this Lease, the Environmental Indemnity Agreement shall prevail.
J. The obligations and rights and remedies of Lessor and Lessee set forth in
this Section shall survive the termination, expiration and/or release of this Lease.
17. Condition of Premises; Maintenance. Lessee has inspected, or had the
opportunity to inspect, the Premises and hereby accepts the Premises "AS IS" and "WHERE IS"
with no representation or warranty of Lessor as to the condition thereof. The Premises shall be
kept in good, clean, sanitary and working condition; and Lessee shall at all times at its own
expense, maintain, repair and replace, as necessary, the Premises, whether or not the Premises
were in such condition on the Effective Date.
18. Waste; Alterations and Improvements. Lessee shall not commit actual or
constructive waste upon the Premises. During the Lease Term, Lessee shall not alter the exterior,
structural, plumbing or electrical elements of the Premises in any manner without the consent of
Lessor, which consent shall not be unreasonably withheld or conditioned; provided, however,
Lessee may undertake nonstructural alterations to the Premises costing less than $25,000.00
without Lessor's consent. If Lessor's consent is required hereunder and Lessor consents to the
making of any such alterations, the same shall be made by Lessee at Lessee's sole expense by a
licensed contractor and according to plans and specifications approved by Lessor and subject to
such other conditions as Lessor shall require. Any work at any time commenced by Lessee on
the Premises shall be prosecuted diligently to completion, shall be of good workmanship and
materials and shall comply fully with all the terms of this Lease. Upon completion of any
alterations, Lessee shall promptly provide Lessor with (i) evidence of full payment to all laborers
and materialmen contributing to the alterations, (ii) an architect's certificate certifying the
alterations to have been completed in conformity with the plans and specifications, (iii) a
821545 11 720/05
-17-
certificate of occupancy (if the alterations are of such a nature as would require the issuance of a
certificate of occupancy), and (iv) any other documents or information reasonably requested by
Lessor. Lessee shall execute and file or record, as appropriate, a "Notice of Non-Responsibility,"
or any equivalent notice permitted under applicable law in the State. Any addition to or alteration
of the Premises shall be deemed a part of such property and belong to Lessor, and Lessee shall
execute and deliver to Lessor such instruments as Lessor may require to evidence the ownership
by Lessor of such addition or alteration.
19. Indemnification. Lessee shall indemnify, protect, defend and hold harmless each
of the Indemnified Parties from and against any and all Losses (excluding Losses suffered by an
Indemnified Party arising out of such Indemnified Party's gross negligence or willful
misconduct) caused by, incurred or resulting from Lessee's operations of or relating in any
manner to the Premises, or from any breach of, default under or failure to perform any term or
provision of this agreement by Lessee, its officers, employees, agents or other persons. It is
expressly understood and agreed that Lessee's obligations under this Section shall survive the
expiration or earlier termination of this Lease for any reason.
20. Quiet Enjoyment. So long as Lessee shall pay the rental and other sums herein
provided and shall keep and perform all of the terms, covenants and conditions on its part herein
contained, Lessee shall have the right to the peaceful and quiet occupancy of the Premises,
subject to the terms of this Lease. Lessor makes no warranty respecting action by any other
party.
21. Condemnation or Destruction.
A. In case of a taking of all or any part of the Premises or the commencement
of any proceedings or negotiations which might result in a taking for any public or quasi-public
purpose by any lawful power or authority by exercise of the right of condemnation or eminent
domain or by agreement between Lessor, Lessee and those authorized to exercise such right
("Taking"), Lessee will promptly give written notice thereof to Lessor, generally describing the
nature and extent of such Taking and including copies of any documents or notices received in
connection therewith.
B. In case of a Taking of the whole of the Premises, other than for temporary
use ("Total Taking"), the obligations of Lessee with respect to the Premises shall terminate as of
the date of the Total Taking. Lessee's obligations to Lessor which accrue prior to the date of
such Total Taking shall survive the termination of this Lease with respect to the Premises. A
Total Taking shall include a taking of substantially all of the Premises if, in the Lessor's
reasonable judgment, the remainder of the Premises is not usable and cannot be made usable for
the purposes provided herein. Lessor shall be entitled to receive the entire award or payment in
connection with any taking of the Premises without deduction for any estate vested in Lessee by
this Lease. Lessee hereby expressly assigns to Lessor all of its right, title and interest in and to
every such award or payment and agrees that Lessee shall not be entitled to any award or
Payment for the value of Lessee's leasehold interest in this Lease. Lessee shall be entitled to
claim and receive any award or payment from the condemning authority expressly granted for
the interruption of its business and moving expenses, but only if such claim or award does not
e23 545.11 iaoros
-18-
adversely affect or interfere with the prosecution of Lessor's claim for the Taking. Lessee shall
promptly send Lessor copies of all correspondence and pleadings relating to any such claim.
C. In case of a temporary use of all or any part of the Premises by a Taking
("Temporary Taking"), this Lease shall remain in full force and effect without any reduction of
Base Annual Rental, Additional Rental or any other sum payable hereunder. Except as provided
below, Lessee shall be entitled to the entire award for a Temporary Taking, whether paid by
damages, rent or otherwise, unless the period of occupation and use by the condemning
authorities shall extend beyond the date of expiration of this Lease, in which case the award
made for such Taking shall be apportioned between Lessor and Lessee as of the date of such
expiration. At the termination of any such Temporary Taking, Lessee will, at its own cost and
expense and pursuant to the terms of Section 18 above, promptly commence and complete the
restoration of the Premises; provided, however, Lessee shall not be required to restore the
Premises if the Lease Term shall expire prior to, or within one year after, the date of termination
of the Temporary Taking, and in such event Lessor shall be entitled to recover all damages and
awards arising out of the failure of the condemning authority to repair and restore the Premises at
the expiration of such Temporary Taking.
D. In the event of a Taking of less than all of the Premises which is not a
Total Taking and which is for other than a temporary use ("Partial Taking"), then this Lease shall
continue in full force and effect on the following terms: (i) the Premises shall be reduced to
exclude the portion which is the subject of the Partial Taking, (ii) all Base Annual Rental,
Additional Rental and other sums and obligations due under this Lease shall continue unabated,
and (ii) Lessee shall promptly commence and diligently prosecute restoration of the Premises to
the same condition, as nearly as practicable, as prior to such partial condemnation. Lessor shall
promptly make available in installments as restoration progresses an amount up to but not
exceeding the amount of any award or compensation received by Lessor, upon request of Lessee
accompanied by evidence reasonably satisfactory to Lessor that such amount has been paid or is
due and payable and is properly a part of such costs and that Lessee has complied with the terms
of Section 18 above in connection with the restoration. Lessor shall be entitled to keep any
portion of such award, compensation or damages which may be in excess of the cost of
restoration, and Lessee shall bear all additional costs, fees and expenses of such restoration in
excess of the amount of any such award, compensation or damages.
E. Notwithstanding the foregoing, if at the time of any Taking or at any time
thereafter Lessee shall be in default under this Lease and such default shall be continuing, Lessor
is hereby authorized and empowered but shall not be obligated, in the name and on behalf of
Lessee and otherwise, to file and prosecute Lessee's claim, if any, for an award on account of any
Taking and to collect such award and apply the same, after deducting all costs, fees and expenses
incident to the collection thereof, to the curing of such default and any other then existing default
under this Lease.
F. In the event of damage or destruction to all or any part of the Premises, all
awards, compensation or damages shall be paid to Lessor, and (i) all Base Annual Rental,
Additional Rental and other sums and obligations due under this Lease shall continue unabated,
and (ii) Lessee shall promptly commence and diligently prosecute restoration of the Premises to
the same condition, as nearly as practicable, as prior to such damage or destruction. Lessor shall
$27545.11 720105
-19-
promptly make available in installments as restoration progresses an amount up to but not
exceeding the amount of any award, compensation or damages received by Lessor, upon request
of Lessee accompanied by evidence reasonably satisfactory to Lessor that such amount has been
paid or is due and payable and is properly a part of such costs and that Lessee has complied with
the terms of Section 18 above in connection with the restoration. Lessor shall be entitled to keep
any portion of such award, compensation or damages which may be in excess of the cost of
restoration, and Lessee shall bear all additional costs, fees and expenses of such restoration in
excess of the amount of any such award, compensation or damages.
G. Notwithstanding the foregoing, nothing in this Section 21 shall be
construed as limiting or otherwise adversely affecting the representations, warranties, covenants
and characterizations set forth in Lease, including, without limitation, those provisions set forth
in Section 4 of this Lease.
22. Inspection. Lessor and its authorized representatives shall have the right, upon
giving reasonable notice, to enter the Premises or any part thereof and inspect the same and make
photographic or other evidence concerning Lessee's compliance with the terms of this Lease.
Lessee hereby waives any claim for damages for any injury or inconvenience to or interference
with Lessee's business, any loss of occupancy or quiet enjoyment of the Premises and any other
loss occasioned by such entry. Lessee shall keep and maintain at Lessee's chief executive office
full, complete and appropriate books of account and records of Lessee's business relating to the
Premises in accordance with generally accepted accounting principles consistently applied. The
books and records for the Premises shall at all times be open for inspection by Lessor or
Mortgagee, their auditors or other authorized representatives.
23. Default, Remedies and Measure of Damages.
A. Each of the following shall be an event of default under this Lease (each,
an "Event of Default"):
(i) If any representation or warranty of Lessee set forth in this Lease is
false in any respect which falsity would have a Material Adverse Effect, or if Lessee
renders any statement or account which is false in any material respect;
(ii) If any rent or other monetary sum due under this Lease is not paid
within five days from the date when due; provided, however, notwithstanding the
occurrence of such an Event of Default, Lessor shall not be entitled to exercise its
remedies set forth below unless and until Lessor shall have given Lessee notice thereof
and a period of five days from the delivery of such notice shall have elapsed without such
Event of Default being cured;
(iii) If Lessee fails to pay, prior to delinquency, any taxes, assessments
or other charges the failure of which to pay will result in the imposition of a lien against
the Premises pursuant to Applicable Regulations;
(iv) If Lessee becomes insolvent within the meaning of the Code, files
or notifies Lessor that it intends to file a petition under the Code, initiates a proceeding
under any similar law or statute relating to bankruptcy, insolvency, reorganization,
827545.11 7I2OMS
-20-
winding up or adjustment of debts (collectively, hereinafter, an "Action"), becomes the
subject of either a petition under the Code or an Action, or is not generally paying its
debts as the same become due;
(v) If Lessee vacates or abandons the Premises, except as permitted by
this Lease;
(vi) If Lessee fails to observe or perform any of the other covenants,
conditions, or obligations of this Lease; provided, however, if any such failure does not
involve the payment of any monetary sum, does not place any rights or Premises of
Lessor in immediate jeopardy, and is within the reasonable power of Lessee to promptly
cure after receipt of notice thereof, all as determined by Lessor in its reasonable
discretion, then such failure shall not constitute an Event of Default hereunder, unless
otherwise expressly provided herein, unless and until Lessor shall have given Lessee
notice thereof and a period of 30 days shall have elapsed, during which period Lessee
may correct or cure such failure, upon failure of which an Event of Default shall be
deemed to have occurred hereunder without further notice or demand of any kind being
required. If such failure cannot reasonably be cured within such 30-day period, as
determined by Lessor in its reasonable discretion, and Lessee is diligently pursuing a cure
of such failure, then Lessee shall have a reasonable period to cure such failure beyond
such 30-day period, which shall in no event exceed 90 days after receiving notice of the
failure from Lessor. If Lessee shall fail to correct or cure such failure within such 90-day
period, an Event of Default shall be deemed to have occurred hereunder without further
notice or demand of any kind being required;
(vii) If a final, nonappealable judgment is rendered by a court against
Lessee which has a Material Adverse Effect and is not discharged or provision made for
such discharge within 60 days from the date of entry thereof,
(viii) If a default on the part of Lessee shall occur under any loan
agreement, contract or other agreement pursuant to which Lessee has granted to a third
party a security interest in any property of Lessee located at the Premises or used in
connection with the operation of Lessee's business at the Premises; or
(ix) If a default on the part of Lessee or any Affiliate of Lessee shall
occur under any lease or sublease pursuant to which such party leases or subleases any
other property from Lessor or any Affiliate of Lessor, unless (a) the Premises and such
other property shall be subject to mortgages or ground leases held by different
mortgagees or ground lessors, and (b) in such event, either Lessor or Mortgagee shall, at
their respective options, declare by written notice to the other and to Lessee that such
occurrence shall not constitute an Event of Default hereunder.
B. Upon the occurrence of an Event of Default, with or without notice or
demand, except the notice prior to default required under certain circumstances by Subsection A
above or such other notice as may be required by statute and cannot be waived by Lessee (all
other notices being hereby waived), Lessor shall be entitled to exercise, at its option,
$23545.11 MOW -21-
concurrently, successively, or-in any combination, all remedies available at law or in equity,
including without limitation any one or more of the following:
(i) To terminate this Lease, whereupon Lessee's right to possession of
the Premises shall cease and this Lease, except as to Lessee's liability, shall be
terminated.
(ii) To reenter and take possession of the Premises, any or all personal
property or fixtures of Lessee upon the Premises and, to the extent permissible,
area development agreements, permits and other rights or privileges of Lessee
pertaining to the use and operation of the Premises and to expel Lessee and those
claiming under or through Lessee, without being deemed guilty in any manner of
trespass or becoming liable for any loss or damage resulting therefrom, without
resort to legal or judicial process, procedure or action. No notice from Lessor
hereunder or under a forcible entry and detainer statute or similar law shall
constitute an election by Lessor to terminate this Lease unless such notice
specifically so states. If Lessee shall, after default, voluntarily give up possession
of the Premises to Lessor, deliver to Lessor or its agents the keys to the Premises,
or both, such actions shall be deemed to be in compliance with Lessor's rights and
the acceptance thereof by Lessor or its agents shall not be deemed to constitute a
termination of this Lease. Lessor reserves the right following any reentry and/or
reletting to exercise its right to terminate this Lease by giving Lessee written
notice thereof, in which event this Lease will terminate as specified in said notice.
(iii) To seize all personal property and fixtures of Lessee upon the
Premises which Lessee owns or in which it has an interest, in which Lessor shall
have a landlord's lien and/or security interest, and to dispose thereof in accordance
with the laws prevailing at the time and place of such seizure or to remove all or
any portion of such property and cause the same to be stored in a public
warehouse or elsewhere at Lessee's sole expense, without becoming liable for any
loss or damage resulting therefrom and without resorting to legal or judicial
process, procedure or action.
(iv) To bring an action against Lessee for any damages sustained by
Lessor or any equitable relief available to Lessor.
(v) To relet the Premises or any part thereof for such term or terms
(including a term which extends beyond the original Lease Term), at such rentals
and upon such other terms as Lessor, in its sole discretion, may determine, with
all proceeds received from such reletting being applied to the rental and other
sums due from Lessee in such order as Lessor, may, in it sole discretion,
determine, which other sums include, without limitation, all repossession costs,
brokerage commissions, reasonable attorneys' fees and expenses, employee
expenses, alteration, remodeling and repair costs and expenses of preparing for
such reletting. Lessor shall have no obligation to relet the Premises or any part
thereof and shall in no event be liable for refusal or failure to relet the Premises or
any part thereof, or, in the event of any such reletting, for refusal or failure to
813345.11 MOM -22-
collect any rent due upon such reletting, and no such refusal or failure shall
operate to relieve Lessee of any liability under this Lease or otherwise to affect
any such liability. Lessor reserves the right following any such reentry and/or
reletting to exercise its right to terminate this Lease by giving Lessee written
notice thereof, in which event this Lease will terminate as specified in said notice.
(vi) To accelerate and recover from Lessee all rent and other monetary
sums due and owing and scheduled to become due and owing under this Lease
both before and after the date of such breach for the entire original scheduled
Lease Term.
(vii) To recover from Lessee all costs and expenses, including
reasonable attorneys' fees, court costs, expert witness fees, costs of tests and
analyses, travel and accommodation expenses, deposition and trial transcripts,
copies and other similar costs and fees, paid or incurred by Lessor as a result of
such breach, regardless of whether or not legal proceedings are actually
commenced.
(viii) To immediately or at any time thereafter, and with or without
notice, at Lessor's sole option but without any obligation to do so, correct such
breach or default and charge Lessee all costs and expenses incurred by Lessor
therein. Any sum or sums so paid by Lessor, together with interest at the Default
Rate, shall be deemed to be additional rent hereunder and shall be immediately
due from Lessee to Lessor. Any such acts by Lessor in correcting Lessee's
breaches or defaults hereunder shall not be deemed to cure said breaches or
defaults or constitute any waiver of Lessor's right to exercise any or all remedies
set forth herein. In the event that a Mortgage or any other loan document secured
by a Mortgage shall contain a cure period shorter than that set forth in this Lease,
then Lessor shall be entitled to exercise the rights contained in this subsection
prior to the expiration of such shorter cure period so as to avoid default under
such Mortgage or other loan document.
(ix) To immediately or at any time thereafter, and with or without
notice, except as required herein, set off any money of Lessee held by Lessor
under this Lease against any sum owing by Lessee hereunder.
(x) To seek any equitable relief available to Lessor, including, without
limitation, the right of specific performance.
C. In the event that the Premises is located in Pennsylvania, the provisions of
this Subsection C shall apply:
THE FOLLOWING PARAGRAPHS SET FORTH WARRANTS OF
ATTORNEY TO CONFESS JUDGMENTS AGAINST TENANT. IN
GRANTING THESE WARRANTS OF ATTORNEY TO CONFESS
JUDGMENTS AGAINST TENANT, TENANT HEREBY KNOWINGLY,
823545.11 7R0W -23-
INTENTIONALLY, VOLUNTARILY AND UNCONDITIONALLY WAIVES
ANY AND ALL RIGHTS TENANT HAS OR MAY HAVE TO PRIOR
NOTICES AND AN OPPORTUNITY FOR HEARING UNDER THE
RESPECTIVE CONSTITUTIONS AND LAWS OF THE UNITED STATES
AND THE COMMONWEALTH OF PENNSYLVANIA.
CONFESSION OF JUDGMENT FOR RENT. TENANT IRREVOCABLY
AUTHORIZES AND EMPOWERS THE PROTHONOTARY AND CLERK OR
ANY ATTORNEY OF ANY COURT OF RECORD TO APPEAR FOR AND
CONFESS JUDGMENT AGAINST TENANT FOR SUCH RENT AND OTHER
SUMS AS ARE DUE AND/OR MAY BECOME DUE UNDER THIS LEASE,
WITHOUT STAY OF EXECUTION AND WITH AN ATTORNEY'S
COLLECTION FEE OF FIVE PERCENT (5%) OF THE AMOUNT DUE (BUT
NOT LESS THAN $5,000.00), WHICH IS REASONABLE AS AN
ATTORNEY'S FEE. TO THE EXTENT PERMITTED BY LAW, TENANT
RELEASES ALL ERRORS IN SUCH PROCEEDINGS. IF A VERIFIED COPY
OF THIS LEASE IS FILED, IT SHALL NOT BE NECESSARY TO FILE THE
ORIGINAL LEASE. THE AUTHORITY AND POWER TO APPEAR FOR
AND CONFESS JUDGMENT AGAINST TENANT SHALL NOT BE
EXHAUSTED BY THE INITIAL EXERCISE THEREOF AND MAY BE
CONFESSED AS OFTEN AS ANY EVENT OF DEFAULT OCCURS. SUCH
AUTHORITY MAY BE EXERCISED DURING OR AFTER THE
EXPIRATION OF THE LEASE TERM AND/OR DURING OR AFTER THE
EXPIRATION OF ANY EXTENDED OR RENEWAL TERM.
CONFESSION OF JUDGMENT FOR POSSESSION. TENANT
IRREVOCABLY AUTHORIZES AND EMPOWERS THE PROTHONOTARY
AND CLERK OR ANY ATTORNEY OF ANY COURT OF RECORD TO
APPEAR FOR AND CONFESS JUDGMENT AGAINST TENANT FOR
POSSESSION OF THE PREMISES, WITHOUT STAY OF EXECUTION. TO
THE EXTENT PERMITTED BY LAW, TENANT RELEASES ALL ERRORS
IN SUCH PROCEEDINGS. IF A VERIFIED COPY OF THIS LEASE IS
FILED, IT SHALL NOT BE NECESSARY TO FILE THE ORIGINAL LEASE.
THE AUTHORITY AND POWER TO APPEAR FOR AND CONFESS
JUDGMENT AGAINST TENANT SHALL NOT BE EXHAUSTED BY THE
INITIAL EXERCISE THEREOF AND MAY BE CONFESSED AS OFTEN AS
ANY EVENT OF DEFAULT OCCURS. SUCH AUTHORITY MAY BE
EXERCISED DURING OR AFTER THE EXPIRATION OF THE TERM
AND/OR DURING OR AFTER THE EXPIRATION OF ANY EXTENDED OR
RENEWAL TERM. IF SUCH PROCEEDING IS TERMINATED AND
POSSESSION OF THE PREMISES REMAINS IN OR IS RESTORED TO
TENANT, LESSOR SHALL HAVE THE RIGHT FOR THE SAME EVENT OF
DEFAULT AND UPON ANY SUBSEQUENT EVENT OR EVENTS OF
DEFAULT, OR UPON THE TERMINATION OF THIS LEASE UNDER ANY
OF THE TERMS OF THIS LEASE, TO BRING ONE OR MORE FURTHER
ACTION OR ACTIONS TO RECOVER POSSESSION OF THE PREMISES
823545.11 MOM -24-
AND CONFESS JUDGMENT FOR THE RECOVERY OF POSSESSION OF
THE PREMISES AS HEREINABOVE PROVIDED.
REPRESENTATIONS. TENANT HEREBY REPRESENTS THAT (A)
TENANT IS KNOWLEDGEABLE IN BUSINESS MATTERS; (B) THIS
LEASE IS FOR BUSINESS OR COMMERCIAL PURPOSES ONLY AND
NOT FOR PERSONAL OR RESIDENTIAL PURPOSES, AND (C) TENANT
HAS FULLY REVIEWED THE AFORESAID WARRANTS OF ATTORNEY
TO CONFESS JUDGMENT WITH ITS OWN COUNSEL AND
UNDERSTANDS THAT IT IS WAIVING CERTAIN RIGHTS IT WOULD
OTHERWISE POSSESS.
D. All powers and remedies given by this Section to Lessor, subject to
applicable law, shall be cumulative and not exclusive of one another or of any other right or
remedy or of any other powers and remedies available to Lessor under this Lease, by judicial
proceedings or otherwise, to enforce the performance or observance of the covenants and
agreements of Lessee contained in this Lease, and no delay or omission of Lessor to exercise any
right or power accruing upon the occurrence of any Event of Default shall impair any other or
subsequent Event of Default or impair any rights or remedies consequent thereto. Every power
and remedy given by this Section or by law to Lessor may be exercised from time to time, and as
often as may be deemed expedient, by Lessor, subject at all times to Lessor's right in its sole
judgment to discontinue any work commenced by Lessor or change any course of action
undertaken by Lessor.
24. Mortgage, Subordination, Nondisturbance and Attornment.
A. Lessor's interest in this Lease and/or the Premises shall not be subordinate
to any encumbrances placed upon the Premises by or resulting from any act of Lessee, and
nothing herein contained shall be construed to require such subordination by Lessor. Lessee shall
keep the Premises free from any liens for work performed, materials furnished or obligations
incurred by Lessee. EXCEPT AS OTHERWISE CONSENTED TO BY LESSOR PURSUANT
TO SECTION 26, NOTICE IS HEREBY GIVEN THAT LESSEE IS NOT AUTHORIZED TO
PLACE OR ALLOW TO BE PLACED ANY LIEN, MORTGAGE, DEED OF TRUST OR
ENCUMBRANCE OF ANY HIND UPON ANY, ALL OR ANY PART OF THE PREMISES
OR LESSEE'S LEASEHOLD INTEREST THEREIN, AND ANY SUCH PURPORTED
TRANSACTION SHALL BE VOID. FURTHERMORE, ANY SUCH PURPORTED
TRANSACTION SHALL BE DEEMED A TORTIOUS INTERFERENCE WITH LESSOR'S
RELATIONSHIP WITH LESSEE AND LESSOR'S FEE OWNERSHIP OF THE PREMISES.
B. This Lease and the estate, interest and rights hereby created are
subordinate to every Ground Lease and Mortgage now or hereafter placed upon the Premises by
Lessor, and Lessee covenants and agrees to execute and deliver, upon demand, such further
instruments subordinating this Lease to the lien or interest of any or all such Ground Leases or
Mortgages as shall be desired by Lessor or any present or proposed Ground Lessor or
Mortgagee. Notwithstanding the foregoing, the subordination of this Lease to any future Ground
Lease or Mortgage shall be subject to the execution by such Ground Lessor or Mortgagee of a
subordination, nondisturbance and attornment agreement in substantially the form set forth in
e23545.I 17120105 -25-
Exhibit C or such other form as is reasonably acceptable to such future Ground Lessor or
Mortgagee.
C. If any Mortgagee, receiver or other secured party elects to have this Lease
and the interest of Lessee hereunder be superior to any such interest or right and evidences such
election by notice given to Lessee, then this Lease and the interest of Lessee hereunder shall be
deemed superior to any such Mortgage, whether this Lease was executed before or after such
Mortgage and in that event such Mortgagee, receiver, trustee or other secured party shall have
the same rights with respect to this Lease as if it had been executed and delivered prior to the
execution and delivery of the Mortgage and has been assigned to such Mortgagee, receiver,
trustee or other secured party.
D. Although the foregoing provisions shall be self-operative and no future
instrument of subordination shall be required, upon request by Lessor, Lessee shall execute and
deliver whatever instruments may be required for such purposes, and in the event Lessee fails so
to do within 10 days after demand, Lessee does hereby make, constitute and irrevocably appoint
Lessor as its agent and attorney-in-fact and in its name, place and stead so to do, which
appointment shall be deemed coupled with an interest.
E. In the event that any existing or prospective Ground Lessor or Mortgagee
requires a modification or modifications of this Lease, which modification or modifications will
not cause an increase in rent or in any other way materially and adversely change the rights or
obligations of Lessee under this Lease, Lessee agrees that this Lease may be so modified and
agrees to execute whatever documents are required therefore and deliver the same to Lessor
within ten (10) days following written request by Lessor. In the event Lessee fails to execute and
deliver such documents within ten (10) days of written request by Lessor, Lessee does hereby
make, constitute and appoint Lessor as Lessee's attorney-in-fact and agent in its name, place and
stead to do so. This power of attorney is given as security coupled with an interest and is
irrevocable.
F. In the event any Ground Lessor or any purchaser or assignee of Mortgagee
at a foreclosure sale acquires title to the Premises, or in the event any Ground Lessor or
Mortgagee or any assignee of such party otherwise succeeds to the rights of Lessor as landlord
under this Lease, Lessee shall attorn to such Ground Lessor or Mortgagee or such purchaser or
assignee, as the case may be (individually and collectively, a "Successor Lessor"), and recognize
the Successor Lessor as Lessor under this Lease, and this Lease shall continue in full force and
effect as a direct lease between the Successor Lessor and Lessee, provided that the Successor
Lessor shall only be liable for any obligations of the Lessor under this Lease which accrue after
the date that such Successor Lessor acquires title. The foregoing provision shall be self operative
and effective without the execution of any further instruments.
G. Lessee shall give written notice to any Ground Lessor of the Premises or
Mortgagee having a recorded lien upon the Premises or any part thereof of which Lessee has
been notified of any breach or default by Lessor of any of its obligations under this Lease. If,
within thirty (30) days after receipt of written notice from Lessee, Mortgagee, at Mortgagee's
sole option, commences to cure a default of Lessor under this Lease that is capable of being
cured by Mortgagee, or commences to pursue any other of its remedies under the Mortgage and
823545.11 N20101 -26-
thereafter diligently pursues such cure to completion, Lessee agrees not to terminate this
Lease, reduce rent, credit or offset against future rents, consent or acquiesce in the termination of
the Lease or surrender the Premises and agrees to continue to be bound by the terms of this
Lease. Upon request by Lessor, Lessee shall also provide Lessee's most recent audited financial
statements to Lessor or any such Ground Lessor or Mortgagee and certify the continuing
accuracy of such financial statements in such manner as Lessor and such Ground Lessor or
Mortgagee may request.
25. Estoppel Certificate.
A. At any time, and from time to time, Lessee agrees, promptly and in no
event later than 10 days after a request from Lessor or any Ground Lessor or Mortgagee of the
Premises to execute, acknowledge and deliver to Lessor or any present or proposed Ground
Lessor or Mortgagee or purchaser designated by Lessor, any Ground Lessor or Mortgagee of the
Premises a certificate in the form supplied by Lessor, certifying: (i) that Lessee has accepted the
Premises (or, if Lessee has not done so, that Lessee has not accepted the Premises, and
specifying the reasons therefor); (ii) that this Lease is in full force and effect and has not been
modified (or if Modified, setting forth all modifications), or, if this Lease is not in full force and
effect, the certificate shall so specify the reasons therefor; (iii) the commencement and expiration
dates of the Lease Term and the terms of any extension options of Lessee; (iv) the date to which
the rentals have been paid under this Lease and the amount thereof then payable; (v) whether
there are then any existing defaults by Lessor in the performance of its obligations under this
Lease, and, if there are any such defaults, specifying the nature and extent thereof; (vi) that no
notice has been received by Lessee of any default under this Lease which has not been cured,
except as to defaults specified in the certificate; (vii) the capacity of the person executing such
certificate, and that such person is duly authorized to execute the same on behalf of Lessee; (viii)
that neither Lessor nor Mortgagee has actual involvement in the management or control of
decision making related to the operational aspects or the day-to-day operations of the Premises,
including the USTs or the handling or disposal of solid or hazardous waste, except as expressly
provided in this Lease; and (ix) any other information reasonably requested by Lessor, or its
present or proposed purchaser or Ground Lessor or Mortgagee.
B. If Lessee shall fail or refuse to sign a certificate in accordance with the
provisions of this Section within 10 days following a request by Lessor, Lessee irrevocably
constitutes and appoints Lessor as its attorney-in-fact to execute and deliver the certificate to any
such third party, it being stipulated that such power of attorney is coupled with an interest and is
irrevocable and binding.
$2]565.11 7/20105 -27-
26. Assignment.
A. If Ground Lessor or Mortgagee shall succeed to the rights of Lessor as
landlord under this Lease, whether through termination of a Ground Lease, foreclosure of the
lien of a Mortgage, deed-in-lieu of foreclosure or otherwise, Ground Lessor or Mortgagee, as
Lessor, shall have the right to sell or convey the Premises or to assign its right, title and interest
as Lessor under this Lease in whole, but not in part. In the event of any such sale or assignment
other than a security assignment, Lessee shall attom to such purchaser or assignee and Lessor
shall be relieved, from and after the date of such transfer or conveyance, of liability for the
performance of any obligation of Lessor contained herein, except for obligations or liabilities
accrued prior to such assignment or sale (provided, however, nothing in this Section 26 shall
impose liability on Ground Lessor or Mortgagee or such purchaser or assignee, as Lessor, for the
obligations of Lessor accruing under this Lease prior to the time Ground Lessor or Mortgagee or
such purchaser or assignee, as the case may be, succeeds to Lessor's rights as Lessor under this
Lease).
B. Lessee acknowledges that Lessor has relied both on the business
experience and creditworthiness of Lessee and upon the particular purposes for which Lessee
intends to use the Premises in entering into this Lease. Without the prior written consent of
Lessor, (i) Lessee shall not assign, transfer, convey, pledge or mortgage this Lease or any interest
therein, whether by operation of law or otherwise; (ii) no interest in Lessee shall be assigned,
transferred, conveyed, pledged or mortgaged, whether by operation of law or otherwise,
including, without limitation, a dissolution of Lessee; and (iii) Lessee shall not sublet all or any
part of the Premises. Lessor agrees that it shall not unreasonably withhold or delay its consent to
such matters, it being understood that Lessor's consent may be based upon such matters as
Lessor may in its reasonable discretion determine, including, without limitation, the experience
and creditworthiness of any assignee, the assumption by any assignee of all of Lessee's
obligations hereunder by undertakings enforceable by Lessor, the transfer to any assignee of all
necessary licenses to continue operating the Premises for the purposes herein provided, receipt of
such representations and warranties from any assignee as Lessor may request, including such
matters as its organization, existence, good standing and finances and other matters, whether or
not similar in kind. At the time of any assignment of this Lease which is approved by Lessor, the
assignee shall assume all of the obligations of Lessee under this Lease pursuant to Lessor's
standard form of assumption agreement. No such assignment nor any subletting of the Premises
shall relieve Lessee of its obligations respecting this Lease. Any assignment, transfer,
conveyance, pledge or mortgage in violation of this paragraph shall be voidable at the sole option
of Lessor.
27. Notices. All notices, consents, approvals or other instruments required or
permitted to be given by either party pursuant to this Lease ("Notices") shall be in writing and
given by (i) hand delivery, (ii) facsimile, (iii) express overnight delivery service or (iv) certified
or registered mail, return receipt requested (provided, however, Notices sent by certified or
registered mail shall also be delivered by one of the other methods described in subitems (i), (ii)
and (iii) hereof), and shall be deemed to have been delivered upon (a) receipt, if hand delivered,
(b) transmission, if delivered by facsimile, with facsimile machine confirmation, (c) the next
Business Day, if delivered by express overnight delivery service, or (d) the third Business Day
following the day of deposit of such notice with the United States Postal Service, if sent by
923 545.11 7RO105 -28-
certified or registered mail, return receipt requested. Notices shall be provided to the parties and
addresses (or facsimile numbers, as applicable) specified below:
If to Lessor: Real Estate Department
Attn: William Long
Uni-Marts, LLC
477 East Beaver Avenue
State College, PA 16801-5690
Telephone: 814-234-6000
Telecopy: 814-234-3277
If to Lessee:
SAIMA INTERNATIONAL, INC.
Attn: Aijaz A. Shaikh, President
2203 Glen Allen Avenue, Apt T-2
Silver Spring, MD 20906
Telephone:
Telecopy:
or to such other address or such other person as either party may from time to time hereafter
specify to the other party in a notice delivered in the manner provided above. No such notices,
consents, approvals or other communications shall be valid unless Ground Lessor or Mortgagee,
if any, receives a duplicate original thereof, provided Lessor has provided Lessee with contact
information for such party. The contact information for General Electric is:
GE Capital Franchise Finance Corporation
17207 North Perimeter Drive
Scottsdale, AZ 85255
Attn: Collateral Management
Telephone. (480) 585-4500
Telecopy: (480) 585-2225
or to such other address or such other person as either party may from time to time hereafter
specify to the other party in a notice delivered in the manner provided above.
28. Holding Over. If Lessee remains in possession of the Premises after the
expiration of the term hereof, Lessee, at Lessor's option and within Lessor's sole discretion, may
be deemed a tenant on a month-to-month basis and shall continue to pay rentals and other sums
in the amounts herein provided, except that the Base Monthly Rental shall be automatically
doubled, and to comply with all the terms of this Lease; provided that nothing herein nor the
acceptance of rent by Lessor shall be deemed a consent to such holding over. Lessee shall
defend, indemnify, protect and hold Lessor harmless from and against any and all claims, losses
and liabilities for damages resulting from Lessee's failure to surrender possession upon the
expiration of the Lease Term, including, without limitation, any claims made by any succeeding
lessee.
29. Lessor's Lien/Security Interest. Lessee agrees that Lessor shall have a landlord's
lien, and additionally hereby separately grants to Lessor a first and prior security interest, in, on
:23545.11 M0105 -29-
and against all personal property belonging to Lessee from time to time situated on or used in
connection with any or all the Premises, which lien and security interest shall secure the payment
of all rental and other charges payable by Lessee to Lessor under the terms hereof and all other
obligations of Lessee to Lessor under this Lease; provided, however, that such lien and security
interest shall be automatically subordinated and second in lien priority to (a) any security interest
in such assets granted by Lessee to an unaffiliated financial institution as security for purchase
money financing utilized to acquire such assets, (b) any security interest in such assets granted
by Lessee to an unaffiliated financial institution as security for financing utilized to acquire the
business at the Premises, and (c) all renewals, replacements, modifications, and extensions of
such financings. Lessee further agrees to execute and deliver to Lessor from time to time such
financing statements and other documents as Lessor may then deem appropriate or necessary to
perfect and maintain said lien and security interest, and expressly acknowledges and agrees that,
in addition to any and all other rights and remedies of Lessor whether hereunder or at law or in
equity, in the event of any default of Lessee hereunder, Lessor shall have any and all rights and
remedies of Lessor granted a secured party under the Uniform Commercial Code then in effect in
the State. If Lessee shall fail for any reason to execute any such financing statement or document
within 10 days after Lessor's request therefor, Lessor shall have the right to execute the same as
attorney-in-fact of Lessee, coupled with an interest, for, and on behalf, and in the name of
Lessee. Lessee covenants to promptly notify Lessor of any changes in Lessee's name and/or
organizational structure which may necessitate the execution and filing of additional financing
statements (provided, however, the foregoing shall not be construed as Lessor's consent to such
changes).
30. Removal of Lessee's Property. At the expiration of the Lease Term, and if Lessee
is not then in breach hereof, Lessee may remove from the Premises all personal property
belonging to Lessee. Lessee shall repair any damage caused by such removal and shall leave the
Premises broom clean and in good and working condition and repair inside and out. Any
property of Lessee left on the Premises on the tenth day following the expiration of the Lease
Term shall automatically and immediately become the property of Lessor, provided, however,
that this provision shall not relieve Lessee from the obligation to dispose of such property if
requested by Lessor.
31. Financial Statements. Within 45 days after the end of each fiscal quarter, and
within 120 days after the end of each fiscal year of Lessee, Lessee shall deliver to Lessor (i)
complete financial statements of Lessee including a balance sheet, profit and loss statement,
statement of changes in financial condition and all other related schedules for the fiscal period
then ended; and (ii) income statements for the business at the Premises. All such financial
statements shall be prepared in accordance with generally accepted accounting principles,
consistently applied from period to period, and shall be certified to be accurate and complete by
Lessee (or the Treasurer or other appropriate officer of Lessee). Lessee agrees to reasonably
cooperate with Lessor's requests to provide such financial information prior to the end of the
applicable period established for delivering such information. Lessee understands that Lessor is
relying upon such financial statements and Lessee represents that such reliance is reasonable. In
the event that Lessee's property and business at the Premises is ordinarily consolidated with other
business for financial statement purposes, such financial statements shall be prepared on a
consolidated basis showing separately the sales, profits and losses, assets and liabilities
pertaining to the Premises with the basis for allocation of overhead of other charges being clearly
823545 It 7120M -30-
set forth. The financial statements delivered to Lessor need not be audited, but Lessee shall
deliver to Lessor copies of any audited financial statements of Lessee which may be prepared, as
soon as they are available. Lessor shall be permitted to share copies of all Lessee financial
statements and other information concerning this Lease with any Mortgagee or prospective
purchaser of the Premises.
32. Force Majeure. Any prevention, delay or stoppage due to strikes, lockouts, acts
of God, enemy or hostile governmental action, civil commotion, fire or other casualty beyond the
control of the party obligated to perform shall excuse the performance by such party for a period
equal to any such prevention, delay or stoppage, except the obligations imposed with regard to
rental and other monies to be paid by Lessee pursuant to this Lease.
33. Document Review. In the event Lessee makes any request upon Lessor requiring
Lessor or its attorneys to review and/or prepare (or cause to be reviewed and/or prepared) any
document or documents in connection with or arising out of or as a result of this Lease, then,
except as expressly stated elsewhere herein, Lessee shall reimburse Lessor or its designee
promptly upon Lessor's demand therefor a reasonable processing and review fee.
34. Time is of the Essence. Time is of the essence with respect to each and every
provision of this Lease in which time is a factor.
35. Consent of Lessor. Unless specified otherwise herein, Lessor's consent to any
request of Lessee may be conditioned or withheld in Lessor's sole discretion. Lessor shall have
no liability for damages resulting from Lessor's failure to give any consent, approval or
instruction reserved to Lessor, Lessee's sole remedy in any such event being an action for
injunctive relief. Notwithstanding anything to the contrary contained herein, in all instances
where consent or approval is required under a Mortgage or Ground Lease, Lessee shall be
required to obtain such consent or approval from both Lessor and Mortgagee.
36. Waiver and Amendment. No provision of this Lease shall be deemed waived or
amended except by a written instrument unambiguously setting forth the matter waived or
amended and signed by the party against which enforcement of such waiver or amendment is
sought. Waiver of any matter shall not be deemed a waiver of the same or any other matter on
any future occasion. No acceptance by Lessor of an amount less than the monthly rent and other
payments stipulated to be due under this Lease shall be deemed to be other than a payment on
account of the earliest such rent or other payments then due or in arrears nor shall any
endorsement or statement on any check or letter accompanying any such payment be deemed a
waiver of Lessor's right to collect any unpaid amounts or an accord and satisfaction.
37. Successors Bound. Except as otherwise specifically provided herein, the terms,
covenants and conditions contained in this Lease shall bind and inure to the benefit of the
respective heirs, successors, executors, administrators and assigns of each of the parties hereto.
38. No Merger. The voluntary or other surrender of this Lease by Lessee, or a mutual
cancellation thereof, shall not result in a merger of Lessor's and Lessee's estates, and shall, at the
option of Lessor, either terminate any or all existing subleases or subtenancies, or operate as an
assignment to Lessor of any or all of such subleases or subtenancies.
827545.11 7f2DM -31-
39. Captions. Captions are used throughout this Lease for convenience of reference
only and shall not be considered in any manner in the construction or interpretation hereof.
40. Enforceability. If any part of this Lease shall be held unenforceable by any court
of competent jurisdiction, the remainder shall remain in full force and effect, and such
unenforceable provision shall be reformed by such court so as to give maximum legal effect to
the intention of the parties as expressed therein.
41. Relationship of the Parties; Interpretation.
A. None of the agreements contained herein is intended, nor shall the same be
deemed or construed, to create a partnership (either de jure or de facto) between Lessor and
Lessee, to make them joint venturers, to make Lessee an agent, legal representative, partner,
subsidiary or employee of Lessor, nor to make Lessor in any way responsible for the debts,
obligations or losses of Lessee.
B. This Lease shall be interpreted and construed in a fair and impartial
manner without regard to such factors as the party which prepared the instrument, the relative
bargaining powers of the parties or the domicile of any party. Whenever in this Lease any words
of obligation or duty are used, such words or expressions shall have the same force and effect as
though made in the form of a covenant.
42. Easements. During the Lease Term, Lessor shall have the right to grant utility
easements on, over, under and above the Premises without the prior consent of Lessee, provided
that such easements will not materially interfere with Lessee's long-term use of the Premises.
43. Bankruptcy.
A. As a material inducement to Lessor executing this Lease, Lessee
acknowledges and agrees that Lessor is relying upon (i) the financial condition and specific
operating experience of Lessee and Lessee's obligation to use the Premises as a Uni-Mart
Facility in accordance with standards adopted on a system-wide basis, (ii) Lessee's timely
performance of all of its obligations under this Lease notwithstanding the entry of an order for
relief under the Code for Lessee, (iii) all defaults under this Lease being cured promptly, (iv) the
characterization of this Lease as set forth in Section 4, and (v) this Lease being assumed within
60 days of any order for relief entered under the Code for Lessee, or this Lease being rejected
within such 60 day period and the Premises surrendered to Lessor.
Accordingly, in consideration of the mutual covenants contained in this Lease and for
other good and valuable consideration, Lessee hereby agrees that:
(i) All obligations that accrue under this Lease (including the
obligation to pay rent), from and after the date that an Action is commenced shall be
timely performed exactly as provided in this Lease and any failure to so perform shall be
harmful and prejudicial to Lessor;
(ii) Any and all obligations under this Lease that become due from and
after the date that an Action is commenced and that are not paid as required by this Lease
827545.11 72005 -32-
shall, in the amount of such rents, constitute administrative expense claims allowable
under the Code with priority of payment at least equal to that of any other actual and
necessary expenses incurred after the commencement of the Action;
(iii) Any extension of the time period within which the Lessee may
assume or reject this Lease without an obligation to cause all obligations coming due
under this Lease from and after the date that an Action is commenced to be performed as
and when required under this Lease shall be harmful and prejudicial to Lessor;
(iv) Any time period designated as the period within which the Lessee
must cure all defaults and compensate Lessor for all pecuniary losses which extends
beyond the date of assumption of this Lease shall be harmful and prejudicial to Lessor;
(v) Any assignment of this Lease must result in all terms and
conditions of this Lease being assumed by the assignee without alteration or amendment,
and any assignment which results in an amendment or alteration of the terms and
conditions of this Lease without the express written consent of Lessor shall be harmful
and prejudicial to Lessor;
(vi) Any proposed assignment of this Lease to an assignee: (a) that will
not use the Premises specifically as a Uni-Mart Facility in accordance with standards
adopted on a system-wide basis, or (b) that does not possess a financial condition,
operating performance and experience characteristics equal to or better than the financial
condition, operating performance and experience of Lessee as of the Effective Date, shall
be harmful and prejudicial to Lessor; and
(vii) The rejection (or deemed rejection) of this Lease for any reason
whatsoever shall constitute cause for immediate relief from the automatic stay provisions
of the Code, and Lessee stipulates that such automatic stay shall be lifted immediately
and possession of the Premises will be delivered to Lessor immediately without the
necessity of any further action by Lessor.
(viii) This Lease shall at all times be treated and interpreted in a manner
consistent with the specific characterizations set forth in Section 4 of this Lease, and
assumption or rejection of this Lease shall be (a) in its entirety and (b) in strict
accordance with the specific terms and conditions of this Lease.
B. No provision of this Lease shall be deemed a waiver of Lessor's rights or
remedies under the Code or applicable law to oppose any assumption and/or assignment of this
Lease, to require timely performance of Lessee's obligations under this Lease, or to regain
possession of the Premises as a result of the failure of Lessee to comply with the terms and
conditions of this Lease or the Code.
C. Notwithstanding anything in this Lease to the contrary, all amounts
payable by Lessee to or on behalf of Lessor under this Lease, whether or not expressly
denominated as such, shall constitute "rent" for the purposes of the Code.
823545 .1 V 712OMS -33-
D. For purposes of this Section addressing the rights and obligations of
Lessor and Lessee in the event that an Action is commenced, the term "Lessee" shall include
Lessee's successor in bankruptcy, whether a trustee, Lessee as debtor in possession or other
responsible person.
44. No Offer. No contractual or other rights shall exist between Lessor and Lessee
with respect to the Premises until both have executed and delivered this Lease, notwithstanding
that deposits may have been received by Lessor and notwithstanding that Lessor may have
delivered to Lessee an unexecuted copy of this Lease. The submission of this Lease to Lessee
shall be for examination purposes only, and does not and shall not constitute a reservation of or
an option for Lessee to lease or otherwise create any interest on the part of Lessee in the
Premises.
45. Other Documents. Each of the parties agrees to sign such other and further
documents as may be necessary or appropriate to carry out the intentions expressed in this Lease.
46. Attorneys' Fees. In the event of any judicial or other adversarial proceeding
between the parties concerning this Lease, to the extent permitted by law, the prevailing party
shall be entitled to recover all of its reasonable attorneys' fees and other costs in addition to any
other relief to which it may be entitled. In addition, Lessor shall, upon demand, be entitled to all
reasonable attorneys' fees and all other costs incurred in the preparation and service of any notice
or demand hereunder, whether or not a legal action is subsequently commenced. References in
this Lease to Lessor's reasonable attorneys' fees and/or costs shall mean both the fees and costs
of independent counsel retained by Lessor with respect to the matter and the fees and costs of
Lessor's in-house counsel incurred in connection with the matter.
47. Entire Agreement. This Lease and any other instruments or agreements referred
to herein constitute the entire agreement between the parties with respect to the subject matter
hereof, and there are no other representations, warranties or agreements except as herein
provided. Without limiting the foregoing, Lessee specifically acknowledges that neither Lessor
nor any agent, officer, employee or representative of Lessor has made any representation or
warranty regarding the projected level of Lessee's gross sales for the Premises or the projected
profitability of the business to be conducted on the Premises. Furthermore, Lessee acknowledges
that Lessor did not prepare or assist in the preparation of any of the projected figures used by
Lessee in analyzing the economic viability and feasibility of the business to be conducted by
Lessee at the Premises.
48. Forum Selection; Jurisdiction; Venue; Choice of Law. For purposes of any
action or proceeding arising out of this Lease, the parties hereto expressly submit to the
jurisdiction of all federal and state courts located in the State. Lessee consents that it may be
served with any process or paper by registered mail or by personal service within or without the
State in accordance with applicable law. Furthermore, Lessee waives and agrees not to assert in
any such action, suit or proceeding that it is not personally subject to the jurisdiction of such
courts, that the action, suit or proceeding is brought in an inconvenient forum or that venue of the
action, suit or proceeding is improper. This Lease shall be governed by and construed in
accordance with the internal laws of the State, without regard to principles of conflict of law.
827545.11 MOM -34-
49. Counterparts. This Lease may be executed in one or more counterparts, each of
which shall be deemed an original.
50. Joint and Several Liability. If Lessee consists of more than one individual or
entity, each such individual and/or entity shall be jointly and severally liable for all obligations of
Lessee under this Lease.
51. Limitation of Lessor's Liability. Lessee shall look solely to Lessor's interest in
the Premises for enforcement of any obligation of Lessor under this Lease or under applicable
law. No other property or other assets of Lessor shall be subject to levy, execution or other
enforcement proceeding for the satisfaction of Lessee's remedies or with respect to this Lease,
the relationship of landlord and tenant or Lessee's use and occupancy of the Premises.
52. Termination Document. Upon Lessor's request, Lessee agrees to execute and
acknowledge a termination of lease and/or quit claim deed in recordable form with respect to the
Premises to be held by Lessor until the expiration or sooner termination of the Lease Term.
53. No Brokerage. Lessor and Lessee represent and warrant to each other that they
have had no conversation or negotiations with any broker concerning the leasing of the Premises
except Lessor's Broker. Lessor shall be solely responsible for all fees payable to Lessor's Broker.
Each of Lessor and Lessee agrees to protect, indemnify, save and keep harmless the other,
against and from all liabilities, claims, losses, costs, damages and expenses, including reasonable
attorneys' fees, arising out of, resulting from or in connection with their breach of the foregoing
warranty and representation.
54. Waiver of Jury Trial and Punitive, Consequential, Special and Indirect
Damages. LESSOR AND LESSEE HEREBY KNOWINGLY, VOLUNTARILY AND
INTENTIONALLY WAIVE THE RIGHT EITHER MAY HAVE TO A TRIAL BY JURY
WITH RESPECT TO ANY AND ALL ISSUES PRESENTED IN ANY ACTION,
PROCEEDING, CLAIM OR COUNTERCLAIM BROUGHT BY EITHER OF THE PARTIES
HERETO AGAINST THE OTHER OR ITS SUCCESSORS WITH RESPECT TO ANY
MATTER ARISING OUT OF OR IN CONNECTION WITH THIS LEASE, THE
RELATIONSHIP OF LESSOR AND LESSOR, LESSEE'S USE OR OCCUPANCY OF THE
PREMISES, AND/OR ANY CLAIM FOR INJURY OR DAMAGE, OR ANY EMERGENCY
OR STATUTORY REMEDY. THIS WAIVER BY THE PARTIES HERETO OF ANY RIGHT
EITHER MAY HAVE TO A TRIAL BY JURY HAS BEEN NEGOTIATED AND IS AN
ESSENTIAL ASPECT OF THEIR BARGAIN. FURTHERMORE, LESSEE HEREBY
KNOWINGLY, VOLUNTARILY AND INTENTIONALLY WAIVES THE RIGHT IT MAY
HAVE TO SEEK PUNITIVE, CONSEQUENTIAL, SPECIAL AND INDIRECT DAMAGES
FROM LESSOR OR ANY OF LESSOR'S AFFILIATES, OFFICERS, DIRECTORS OR
EMPLOYEES OR ANY OF THEIR SUCCESSORS WITH RESPECT TO ANY AND ALL
ISSUES PRESENTED IN ANY ACTION, PROCEEDING, CLAIM OR COUNTERCLAIM
BROUGHT BY LESSEE`AGAINST LESSOR OR ANY OF LESSOR'S AFFILIATES,
OFFICERS, DIRECTORS OR EMPLOYEES OR ANY OF THEIR SUCCESSORS WITH
RESPECT TO ANY MATTER ARISING OUT OF OR IN CONNECTION WITH THIS
LEASE OR ANY DOCUMENT CONTEMPLATED HEREIN OR RELATED HERETO. THE
WAIVER BY LESSEE OF ANY RIGHT IT MAY HAVE TO SEEK PUNITIVE,
$23545.11 V20105 -35-
ESSENT DAMAGES HAS BEEN
CONSEQUENTIAL, AND AND INDIECT
ASPECT OF THEIR BARGOAIN TED BY
THE PARTIES
55. Automatic Teller Machine. Lessor reserves the sole and exclusive right, from
time to time, to enter into an agreement with an unrelated third party providing for the
installation and operation of an automatic teller machine ("ATM") within the Premises in a
location reasonably approved by Lessee. Lessor shall be responsible for arranging for the
installation of the ATM, at Lessor's cost, and shall be permitted to install necessary utilities and
communications cabling. Lessee shall not install or permit the installation of any automatic
teller machine other than the ATM.
56. Signage. Lessor reserves the sole and exclusive right, from time to time, to enter
into one or more agreements (each, a "Signage Agreement") providing for the sale of signage
rights in and about the Premises. Without limitation, such signage may be placed in, on and
around the Building and other improvements at the Premises, upon any trade fixtures of Lessee,
or free standing. Such signage must be in compliance with applicable law and shall not (i) be
constructed in a manner or placed in any location which materially interferes with Lessee's
operations at the Premises, (ii) be offensive or disreputable in nature or (iii) advertise the sale of
products or performance of services which would be in direct competition with the products and
services sold by Lessee. Lessor shall share with Lessee fifty percent (50%) of any net income
earned by Lessor from time to time in connection with the sale of signage rights in and about the
Premises.
57. Telecommunications Antennae. Lessor reserves the sole and exclusive right,
from time to time, to enter into one or more agreements with unrelated third parties providing for
the installation and operation of telecommunications antennae (the "Antennae") within the
Premises in locations chosen by Lessor, provided that the same shall be installed and operated in
compliance with applicable law and shall not be placed in any location which materially
interferes with Lessee's operations at the Premises. Lessor shall be responsible for arranging for
the installation of the Antennae, at Lessor's cost, and shall be permitted to install necessary
utilities and communications cabling. Lessee shall not install or permit the installation of any
telecommunications antennae other than the Antennae.
923 54S. 11 7/20M -36-
IN WITNESS WHEREOF, Lessor and Lessee have entered into this Lease as of the date
first above written.
LESSOR
UNI-MARTS, LLC, a
Pennsylvania lipited liability company
By:
Manager
LESSEE
SAIMA INTERNATIONAL, INC., a
Pennsylvania corporation
V"?
By:
Name iijaz A Shaikh
Title: President
!23545.11 7/20/05 -37-
Exhibit A
Legal Description - SEE ATTACHED
623543.11 720/05 A-1
,M6d V a j W c W 111111#111W
:insurance Corporation
NATIONAL HEADQUARTERS
RICHMOND. VIRGINIA
SCHEDULE A contd. 04
-T
ALL THOSE THREE CERTAIN tracts of land situate in North Middleton
Township, Cumberland County, Pennsylvania, Tracts No. 1 and No. 2
bounded and described in accordance with a survey prepared by Charles
R. Cook, RPLS, dated December 28, 1989 as follows, to wit:
TRACT No. 1: BEGINNING at a point in SR 0034, Spring Road, at corner
of Tract 2, described; thence along Tract No. 2, North 79 degrees 15
minutes 00 seconds West 150.00 feet to a P.K. nail set; thence still
along Tract No. 2 described, South 05 degrees 20 minutes West 25.00
feet to a P.K. nail set; thence along other lands of Robert L. Noll,
(Tract No. 3 described) North 79 degrees 03 minutes 54 seconds West
160.00 feet to a pin set; thence along lands of P.K. Miller, North 07
degrees 56 minutes 02 seconds East 174.30 feet to a pin set; thence
still along lands of P.K. Miller, South 79 degrees 00 minutes East
288.50 feet to a point in SR 0034, Spring Road; thence along and
through spring Road, South 00 degrees 10 minutes 44 seconds West
151.02 feet to a point, the Place of BEGINNING.
BEING designated as Tract No. 1 on survey.
TRACT NO. 2: BEGINNING at a point in SR 0034, Spring Road, at corner
if other lands of Robert L. Noll; thence along lands of Noll, North 84
degrees 59 minutes West 149.33 feet to an iron pipe; thence still
along lands of Noll (Tract No. 3 and Tract No. 1 described), North 05
degrees 20 minutes East 115.00 feet to a P.K. nail set; thence along
Tract 1 described, South 79 degrees 15 minutes 00 seconds East 150.00
feet to a point in Spring Road; thence along and through SR 0034,
Spring Road,. South 05 degrees 15 minutes 17 seconds West 100.02 feet
to a point, the Place of BEGINNING.
BEING designated as Tract 2 on survey.
TRACT NO. 3:
BEING a tract of ground numbered and described in accordance with Plan
No. 6 of Schlusser Village, recorded in the hereinafter mentioned
Recorder's Office in Plan Book 9, Page 38, as follows:
continued
Schedule A Page 2 No. 11395
C. C. V ASTEHE:R
Law'yers Ttle
Insurance Corporation
NATIONAL HEADQUARTERS
RICHMOND, VIRGINIA
SCHEDULE A contd.
BEGINNING at a point on the northern line of Fry Avenue Loop at the
Northwestern corner of Lot No. 153 now or formerly of Ernest Clelan
and wife; thence by the northern line of said Fry Avenue Loop by a
curve to the left, an arc distance of 50 feet, said arc having a chord
bearing north 51 degrees 50 minutes 30 seconds West and a chord
distance of 49.61 feet; thence still by a curve to the left, an arc
distance of 23.55 feet to a point on said northern line of Fry Avenue
Loop, a chord of said second arc having a bearing of North 72 degrees
24 minutes 30 seconds West and a distance of 23.5 feet; thence by the
northern line of said Fry Avenue Loop, North 79 degrees 3 minutes 30
seconds West, a distance of 1.5 feet to a point; thence along lands
now or formerly of Robert C. Lightner and wife, a distance of 160
feet, more or less to a point on the northern line of Lot No. 155
which point is 65 feet East of the Northeastern corner of Lot No. 156;
thence along the Northern line of said Lot No. 155 and Lot No. 154,
South 79 degrees 3 minutes 30 seconds East a distance of 190.9 feet to
a point; thence along the eastern line of Lot No. 154, South 5 degrees
20 minutes 30 seconds West, a distance of 63 feet to a point in line
of lands now or formerly of Ernest Clelan and wife; thence along said
line of land now or formerly of Ernest Clelan and wife, South 67
degrees 1 minute West, a distance of 201.81 feet to a point on the
northern line of Fry Avenue Loop, the Place of BEGINNING.
BEING THE SAME PREMISES which Robert L. Noll and Mary E. Noll, his
wife, conveyed unto Uni-Marts, Inc., a Delaware Corporation, by deed
dated October 29, 1993 and recorded November 1, 1993 in the Recorder's
office in and for Cumberland County, Pa. in Record Book P, Volume 36,
Page 934. .
Schedule A Page 3 No. 11395
h ,
i
1
1 _-_- --,
I 444
czl?
03 PLY Y&MM
-ACTA fAr S\I 1_LNI111.1 LL%CR%•ET'•
I I UNI•M?s1?R'?'$ INC.
fj.17S.F7 SQU?1tL FEET r[er.ucu - A m" U." IN:
/ Rll{ACRLA
.q FIAOOZONCC I /[11ytF L YATTHMS. INC.
..na.. wwa .Iowan
> if to? 7
II _
MGflyn J. Jenkins 6 AssaClates. Inc
1 {Nr,,N[[YS [ Rl
k a /1 / -? • IYffi [vl wwerw.olKa onmc-4w •xaia- 17M
b [ w q1.N • IIf.tY : • C.n?.f?w hr M rM Y wW
"-. N •11.9' / .:T =? .NSW.
:"'n•:•'?*' /al .Nn•lc'rrv `i-: FFCAACQUISMON
a?Rl•una nun
j : 1P N.tl' 6 •P1h
0 -tyr[ru+'
•C.al.lr? fbrli,lt. PA
Exhibit B
Third Party Leases
823545.11 7/2OM5 B-1
Exhibit C
Form of Estoppel, Subordination, Nondisturbance and Attornment Agreement
Recording requested by and
when recorded return to:
ESTOPPEL, SUBORDINATION, NON-DISTURBANCE AND
ATTORNMENT AGREEMENT
THIS ESTOPPEL, SUBORDINATION, NON-DISTURBANCE AND ATFORNMENT
AGREEMENT (this "Agreement"), is made as of , 200_, by and among
a ("Tenant"), whose address is
Uni-Marts, LLC, a Pennsylvania limited liability company
("Landlord"), whose address is 477 East Beaver Avenue, State College, Pennsylvania
16801-5690, and a
("Lender"), whose address is
RECITALS
A. Landlord and Tenant are parties to a Lease dated as of , 20_
(the "Lease"), wherein Tenant leases certain real property legally described on the
attached Exhibit A and certain improvements located thereon (said real property and
improvements being hereinafter collectively referred to as the "Premises").
B. The Premises is encumbered by that certain
from Landlord and held by Lender (together with
(i) any and all increases, renewals, modifications, extensions, substitutions, replacements
and or consolidations thereof or of the Note (hereinafter defined) and (ii) any future mortgage
or encumbrance affecting the Premises held by or made for the benefit of Lender and/or its
successors and assigns, the "Mortgage") securing that certain promissory note dated as of the date
of the Mortgage payable to the order of Lender with respect to the Premises (the
„Note„), which Mortgage has been recorded, or is to be recorded contemporaneously with the
recording of this Agreement, in the records of the county recorder where the Premises is
located.
C. Tenant has agreed to recognize the rights of Lender in accordance with the
terms and provisions of this Agreement with respect to the Premises and has further
823545.11 72OMS C-1
certified to and agreed with Lender as to certain matters with respect to the Lease as more
particularly set forth herein.
NOW, THEREFORE, in consideration of the premises and for other good and
valuable consideration, the receipt and sufficiency of which is hereby acknowledged, the
parties hereto mutually covenant and agree as follows:
1. Subordination.
A. Notwithstanding anything to the contrary contained in the Lease, the
Lease and the leasehold estate created thereby is hereby declared to be, and hereafter shall
continue at all times to be, junior, subject and subordinate, in each and every respect,
to the Mortgage, including, without limitation, (i) any and all increases, renewals,
modifications, extensions, substitutions, replacements and or consolidations of the Note or the
Mortgage and (ii) any future mortgage or encumbrance affecting the Premises held by or
made for the benefit of Lender and/or its successors and assigns. The foregoing
subordination is effective and self-operative without the necessity for execution of any
further instruments.
B. Tenant hereby covenants with Lender that Tenant will not cause the
Lease to be subordinated to any interests other than those held by or made for the benefit of
Lender and/or its successors and assigns without prior written notice to and prior written
consent of Lender.
C. At any time at the election of Lender, Lender shall have the
right to declare the Lease superior to the lien, provisions, operation and effect of the Mortgage.
2. Nondisturbance. So long as Tenant is not in default, beyond any applicable cure
period, in performance of the terms, provisions and conditions contained in the Lease:
A. Tenant shall not be named or joined in any foreclosure or other
proceedings to enforce the Mortgage unless such joinder be required by law in order to pursue
such foreclosure or other proceedings;
B. Enforcement of the Mortgage shall not terminate the Lease or disturb
Tenant in the possession and use of the Premises; and
C. In the event of any foreclosure or other proceeding instituted for
enforcement of the Mortgage or in case Lender takes possession of the Premises pursuant to any
provision of the Mortgage, the Lease shall continue in full force and effect as though
such proceeding or action had not occurred.
3. Attornment. Notwithstanding the foregoing subordination, if the interest of
Landlord under the Lease shall be transferred by reason of foreclosure or other
proceedings (judicial or non judicial) for enforcement of the Mortgage or by reason
of a deed in lieu of foreclosure, Tenant, at the election of the transferee and its
successors and assigns (herein and hereafter together called the "Purchaser") acquiring
said interests, shall be bound to the Purchaser pursuant to all of the terms, covenants and
877543.11 7/70/05 C-2
conditions of the Lease for the balance of the term of the Lease then remaining and any
extensions or renewals thereof which may be effected in accordance with any option
therefor in the Lease, with the same force and effect as if the Purchaser were the original
landlord under the Lease, and Tenant does hereby attorn to and agree to attorn to the
Purchaser, as its landlord, said attornment to be effective and self-operative without the
necessity for execution of any further instruments, upon Purchaser's election after
succeeding to the interest of the Landlord under the Lease.
4. Further Acts. Notwithstanding any provisions contained in Sections 1, 2 and 3
above which state that the attornment, non-disturbance and subordination by Tenant to Purchaser are
effective and self-operative without the execution of any further instrument, Tenant agrees that,
upon request of Lender and/or Purchaser, it will execute such written agreement to evidence and
affirm any and all of Tenant's obligations under this Agreement, and further, Tenant agrees that
it will execute from time to time such further assurances and estoppel certificates as may
reasonably be requested by Lender and Purchaser. Without limiting the generality of the
foregoing, if and to the extent that Landlord rejects the Lease in any federal or state
proceeding, Tenant will immediately enter into a new lease directly with the Purchaser on the
same terms as the lease, provided execution of such new lease does not violate any bankruptcy
law or related court order.
5. Limitation. Neither Lender nor any Purchaser shall be:
A. liable for any act or omission of Landlord or any prior landlord (including
the loss or misappropriation of any rental payments or security deposits);
B. subject to any credits, claims, setoffs, offsets or defenses which Tenant
may have against Landlord or any prior landlord;
C. bound by (or responsible for) any advance payment of rent or any other
monetary obligations under the Lease to Landlord in excess of one month's prepayment thereof
in the case of rent, or in excess of one periodic payment in advance in the case of any other
monetary obligations under the Lease;
D. responsible for any security deposit not actually received by Lender or any
Purchaser;
E. bound by any amendment, assignment (in whole or in part), subletting,
extension, renewal or modification of the Lease to which Lender or Purchaser has not consented in
writing, and any attempted amendment, assignment (in whole or in part), subletting, extension,
renewal or modification of the Lease without said consent shall be null and void and of no force
and effect;
F. liable for latent and/or patent defects in the construction of the Premises;
G. liable for any breach of any warranty in the Lease by Landlord or a prior
landlord.
521545.11 MOM C'-3
H. bound by any obligation to repair, replace, rebuild or restore the Premises,
or any part thereof, in the event of damage by fire or other casualty, or in the event of partial
condemnation, beyond such repair, replacement, rebuilding or restoration as may be
required of the landlord under the Lease and as can reasonably be accomplished with the use of
the net insurance proceeds or the net condemnation award actually received by or made
available to Lender (as successor in interest to Landlord) or Purchaser; or
1. required to remove any person occupying the Premises or any part thereof.
Neither Lender nor any Purchaser shall be liable for any reason for amounts in excess of the value
of its interest in the Premises, or for consequential or punitive damages of any kind.
6. Notice. Tenant agrees to give prompt written notice to Lender (and to any
successor in interest to Lender of which Tenant has been notified) of.
A. any default of the Landlord under the Lease if such default is of such a
nature as to give Tenant a right to terminate the Lease, reduce rent or to credit or offset any
amounts against future rents; and
B. any attempt by the Landlord (including any successor or assignee of the
Landlord) to amend, modify, terminate, or render void the Lease.
7. Cure. If, within thirty (30) days after receipt of written notice from Tenant,
Lender, at Lender's sole option, commences to cure a default of Landlord under the Lease that is
capable of being cured by Lender, or commences to pursue any other of its remedies under the
Mortgage and thereafter diligently pursues such cure to completion, Tenant agrees not to
terminate the Lease, reduce rent, credit or offset against future rents, consent or acquiesce in the
termination of the Lease or surrender the Premises and agrees to continue to be bound by the
terms of the Lease and this Agreement.
8. Waiver. As against Lender and its successors in interest, Tenant hereby waives
any default by Landlord which is not capable of being cured by Lender in the exercise of
reasonable diligence.
9. Payments of Rent to Lender. Landlord absolutely assigns to Lender all payments
of rent as the same are due under the Lease (the "Rent") and Tenant agrees that, from and after
an Event of Default (as defined in the Mortgage) and until such time as all of Landlord's
monetary obligations to Lender pursuant to the Note and the Loan Agreement between Lender
and Landlord (with respect to the Note) have been fully paid, Tenant will pay the Rent directly to
Lender. All such rental payments received by Lender shall be credited against Landlord's
obligations to Lender. Lender agrees to notify Landlord, in writing, of any failure of Tenant to
pay Rent to Lender and Landlord immediately shall cure Tenant's failure to pay by paying such
Rent to Lender.
10. Assignment Landlord, by its execution hereof, agrees that this Agreement does
not constitute a waiver by Lender of any of Lender's rights under the Mortgage and any
assignment of leases or rents contained therein, or in a separate instrument or in any way release
the Landlord from any of the terms, conditions, obligations, covenants and agreements of the
Mortgage.
827545.11 7!10105 C-4
11. Certification. Tenant hereby certifies to and agrees with Landlord and Lender as
follows, with the understanding that Landlord and Lender are relying on such certifications and
agreements:
A. the Lease is in full force and effect;
B. all requirements for the commencement and validity of the Lease have
been satisfied;
C. Tenant is not in default under the Lease; to the best of Tenant's
knowledge, information and belief, the Landlord is not in default under the Lease; no act, event
or condition has occurred, which with notice or the lapse of time, or both, would
constitute a default by Tenant or Landlord under the Lease; no claim by Tenant of any nature
exists against Landlord under the Lease; and all obligations of Landlord have been fully
performed;
D. there are no defenses, counterclaims or setoffs against rents or charges due
or which may become due under the Lease;
E. none of the rent which Tenant is required to pay under the Lease has
been prepaid, or will in the future be prepaid, more than one month in advance;
F. Tenant has no right or option contained in the Lease or in any other
document to purchase all or any portion of the Premises;
G. the Lease has not been terminated, modified or amended. The Lease
shall not hereafter be terminated, modified or amended without the prior written consent of
Lender in each instance; and
H. Tenant has not assigned, mortgaged, sublet, encumbered or otherwise
transferred any or all of its interest under the Lease to any party and no other consents to the
execution of this agreement by the Tenant are required from any other party.
12. Authority. Tenant, Landlord and Lender covenant and agree that the persons
signing on their behalf have full power, authority and authorization to execute this Agreement,
without the necessity of any consents, authorizations or approvals, or if such consents,
authorizations or approvals are required they have been obtained prior to the execution hereof.
13. Governing Law. For purposes of any action or proceeding arising out of this
Agreement, the parties hereto expressly submit to the jurisdiction of all federal and state courts
located in the State in which the Premises is located (the "State") and Landlord, Tenant and
Lender consent that they may be served with any process or paper by registered mail or by
personal service within or without the State in accordance with applicable law. Furthermore,
Landlord and Tenant waive and agree not to assert in any such action, suit or proceeding that it is
not personally subject to the jurisdiction of such courts, that the action, suit or proceeding is
brought in an inconvenient forum or that venue of the action, suit or proceeding is improper.
This Agreement shall be governed by and construed in accordance with the laws of the State.
823545 H 7n0MS C-5
14. Notices. All notices, consents, approvals or other instruments required or
permitted to be given by either party pursuant to this Agreement shall be in writing and given by
(i) hand delivery, (ii) facsimile, (iii) express overnight delivery service or (iv) certified or
registered mail, return receipt requested, and shall be deemed to have been delivered upon (a)
receipt, if hand delivered, (b) transmission, if delivered by facsimile, (c) the next business day, if
delivered by express overnight delivery service, or (d) the third business day following the day of
deposit of such notice with the United States Postal Service, if sent by certified or registered mail,
return receipt requested. Notices shall be provided to the parties and addresses (or facsimile
numbers, as applicable) specified below:
If to Landlord : Finance Department
Attn; N. Gregory Petrick
Uni-Marts, LLC
477 East Beaver Avenue
State College, PA 16801-5690
Telephone: 814-234-6000
Telecopy: 814-234-3277
If to Tenant:
Telephone:
Telecopy:
If to Lender:
Telephone:
Telecopy:
or to such other address or such other person as any party may from time to time hereafter specify
to the other parties hereto in a notice delivered in the manner provided above.
15. Waiver and Amendment. No provisions of this Agreement shall be deemed
waived or amended except by a written instrument unambiguously setting forth the matter
waived or amended and signed by the party against which enforcement of such waiver or
amendment is sought. Waiver of any matter shall not be deemed a waiver of the same or any
other matter on any future occasion.
16. Captions. Captions are used throughout this Agreement for convenience of
reference only and shall not be considered in any manner in the construction or interpretation
hereof.
17. Severability. The provisions of this Agreement shall be deemed severable. If any
part of this Agreement shall be held unenforceable, the remainder shall remain in
B2754511 7120A5 C-6
full force and effect, and such unenforceable provision shall be reformed by such court so as to give
maximum legal effect to the intention of the parties as expressed therein.
18. Waiver of Jury Trial and Punitive, Consequential, Special and Indirect
Damages. LANDLORD, TENANT AND LENDER HEREBY KNOWINGLY,
VOLUNTARILY AND INTENTIONALLY WAIVE THE RIGHT EITHER MAY HAVE TO A
TRIAL BY JURY WITH RESPECT TO ANY AND ALL ISSUES PRESENTED IN ANY
ACTION, PROCEEDING, CLAIM OR COUNTERCLAIM BROUGHT BY ANY OF THE
PARTIES HERETO AGAINST ANY OTHER PARTY HERETO OR ITS RESPECTIVE
SUCCESSORS WITH RESPECT TO ANY MATTER ARISING OUT OF OR IN
CONNECTION WITH THIS AGREEMENT OR ANY DOCUMENT CONTEMPLATED
HEREIN OR RELATED HERETO. THIS WAIVER BY THE PARTIES HERETO OF ANY
RIGHT TO A TRIAL BY JURY HAS BEEN NEGOTIATED AND IS AN ESSENTIAL
ASPECT OF THEIR BARGAIN. FURTHERMORE, LANDLORD AND TENANT HEREBY
KNOWINGLY, VOLUNTARILY AND INTENTIONALLY WAIVE THE RIGHT THEY MAY
HAVE TO SEEK PUNITIVE, CONSEQUENTIAL, SPECIAL AND INDIRECT DAMAGES
FROM LENDER WITH RESPECT TO ANY AND ALL ISSUES PRESENTED IN ANY
ACTION, PROCEEDING, CLAIM OR COUNTERCLAIM BROUGHT BY LANDLORD OR
TENANT AGAINST LENDER OR ITS SUCCESSORS WITH RESPECT TO ANY MATTER
ARISING OUT OF OR IN CONNECTION WITH THIS AGREEMENT OR ANY
DOCUMENT CONTEMPLATED HEREIN OR RELATED HERETO. THE WAIVER BY
LANDLORD AND TENANT OF ANY RIGHT THEY MAY HAVE TO SEEK PUNITIVE,
CONSEQUENTIAL, SPECIAL AND INDIRECT DAMAGES HAS BEEN NEGOTIATED BY
THE PARTIES HERETO AND IS AN ESSENTIAL ASPECT OF THEIR BARGAIN.
19. Successors. All provisions, covenants and agreements contained in this
Agreement shall bind, inure to the benefit of, and equally relate to, Tenant, and its successors and
assigns, jointly and severally, Landlord, and its successors and assigns, jointly and severally, and
Lender, and its successors and assigns, or other holder or holders of the Note, including an
endorsee, assignee or pledgee of the Note receiving title thereto by or through Lender, or its
successors or assigns.
20. No Other Agreements. THIS AGREEMENT REPRESENTS THE FINAL
AGREEMENT BETWEEN THE PARTIES AND MAY NOT BE CONTRADICTED BY
EVIDENCE OF PRIOR, CONTEMPORANEOUS OR SUBSEQUENT ORAL AGREEMENTS
OF THE PARTIES. THERE ARE NO UNWRITTEN ORAL AGREEMENTS BETWEEN
THE PARTIES.
21. Counterparts. This Agreement may be signed in counterparts.
IN WITNESS WHEREOF, the parties have executed and delivered this Agreement as
of the date set forth above.
TENANT:
823545.11 7120)05 C_7
4. The Collateral Deposit shall be held by the Seller as one general continuing collateral
security for the discharge and payment of all or any part of any present, past or future obligation,
indebtedness or liability of the Buyer to the Seller under the Agreement.
5. Buyer hereby authorizes Seller to apply the Collateral Deposit to payment of any
obligation, indebtedness, liability or tax outstanding of Buyer to Seller, or for which Seller may
become liable at any time during, or at the end of, the relationship between Buyer and Seller.
6. Seller shall be the sole determiner of disposition of the Collateral Deposit. Seller's
disposition of the Collateral Deposit shall not release Buyer from any obligation in Buyer's
contractual relationship with Seller. If Buyer shall be in default at any time of requirements set
forth in the Agreement, Seller shall have the right, in addition to any other remedy, to correct
said default and deduct any cost or expense therewith from the Collateral Deposit. Immediately
upon the application of such amount by Seller, Buyer shall pay to Seller an amount equal to that
portion so applied so as to restore the Collateral Deposit to the amount set forth above.
7. At the end of the Agreement, including payment of all indebtedness and liabilities due or
payable to Seller by Buyer, Seller shall return to Buyer any Collateral Deposit funds or unapplied
balance thereof, unless a new Agreement is signed by both parties.
IN WITNESS WHEREOF, the parties have agreed to the terms of this Collateral Deposit
Agreement on this _ day of 12005.
UNI-MARTS, LLC
By:
Its: -Manager
SAIMA INTERNATIONAL, INC.
By:
Its:
President
610970.2 7/20105
Exhibit E
FUEL SUPPLY AGREEMENT
THIS AGREEMENT, made this _V day of ? , 2005 by and between
UNI-MARTS, LLC, a Pennsylvania limited liability company, with its principal place of
business at 477 East Beaver Ave., State College, PA ("Seller") and SAIMA INTERNATIONAL,
INC., a Pennsylvania corporation ("Buyer"), having its principal place of business at is 2203
Glen Allen Avenue, Apt T-2, Silver Spring, MD 20906., with regard to the operating location
listed at 1962 SPRING ROAD, CARLISLE, PA 17013 (hereinafter called the "Marketing
Premises").
1. Products; Quantities. Seller shall sell, and Buyer shall purchase and accept from
Seller, such quantities of motor fuels as Buyer shall order from time to time during the term of
this Agreement for delivery at the Marketing Premises. Seller agrees to sell to Buyer, and Buyer
agrees to purchase from Seller, the motor fuel products covered by this Agreement in the
quantities shown on the Commodity Schedule, attached hereto.
If Buyer requests deliveries of motor fuels in excess of the maximum quantity set forth
on the Commodity Schedule, Seller may elect to accept such requests where, in its sole
discretion, Seller determines such additional quantities are available. However, Seller is in no
way obligated to provide any motor fuels deliveries in excess of the maximum quantities set
forth on Commodity Schedule. Any sale of motor fuels in excess of the quantities specified
herein shall be subject to the terms and conditions set forth herein. In the event that Seller is
unable to furnish all of Buyer's motor fuel requirements at any time, Buyer may, during the
period of Seller's inability to perform, purchase motor fuel from other sources, provided that
Buyer commits no commingling or misbranding. Buyer's obligation to purchase motor fuels as
provided herein may be reduced, at the sole option of the Seller, if the underground storage tanks
607772 9 7/20105
of the Marketing Premises are repaired or replaced.
Any petroleum products purchased by Buyer from Seller (except motor fuel products
specifically covered by another Agreement between Buyer and Seller), including petroleum
products not listed above, shall be covered by the terms and conditions of this Agreement.
Nothing herein contained shall be construed as a waiver of any law, ordinance, lease
and/or agreement prohibiting use of UNI-MART owned and/or UNI-MART-branded
dispensing facilities for the storage and sale of other than UNI-MART-brand products. Motor
fuel products, grades, trademarks and packaging shall be similar to those marketed and used by
Seller at times of deliveries with similarly branded dealers in Buyer's area, all as determined by
Seller. Seller may, at any time or from time to time, change the grade, brand name, or other
distinctive designation of any motor fuel product herein listed, and such motor fuel products as
so changed shall remain subject to this Agreement. Seller shall have the right to change the fuel
brand covered by this Agreement at any time, in which event all references to UNI-MART shall
be deemed to refer to the new fuel brand at the time of this Agreement.
2. Term. Unless sooner terminated as hereinafter provided, the term of this Agreement
shall be for a period of ten (10) years from (i) the closing date of Buyer's purchase of the
Marketing Premises, or (ii) any re-imaging or rebranding of the Marketing Premises ("Re-
Imaging") during Buyer's occupancy thereof, whichever is later (the "Initial Term"). The Initial
Term shall automatically be extended until such time as Buyer has fulfilled its obligation, if any,
of selling the total number of motor fuel product gallons during the Initial Term of this
Agreement as stated in the Commodity Schedule. Buyer may elect not to renew this Agreement
after the Initial Term by providing written notice to Seller of such election at least ninety (90)
days prior to the end of the Initial Term (the "Termination Notice"). If Seller does not receive
11-22-02 2
607772.9 moms
the Termination Notice by the required date, this Agreement shall automatically renew for a
period of ten (10) years from (i) the expiration of the Initial Term, or (ii) any Re-Imaging of the
Marketing Premises during Buyer's occupancy thereof following the Initial Term, whichever is
later (the "Renewal Term")
If Buyer delivers a Termination Notice to Seller during the Initial Term, Seller
and Buyer agree to negotiate for a period of thirty (30) days in good faith, to enter into a new
Fuel Supply Agreement. If Seller and Buyer are unable to reach an agreement during such
period of time to their mutual satisfaction, then Buyer may enter into a fuel supply agreement
with an unaffiliated alternative provider (the "Alternative Agreement"). Prior to Buyer
executing any Alternative Agreement, however, Buyer must provide Seller with a copy of the
Alternative Agreement and allow Seller an opportunity to enter into an agreement with Buyer on
the same business terms as the Alternative Agreement. Seller shall have ten (10) working days
from the date of its receipt of the Alternative Agreement to notify Buyer of its acceptance of any
such offer. If Seller does not so elect within the 10-day period, Buyer may, within a period of
ten (10) working days thereafter, enter into the Alternative Agreement. As a condition to
Buyer's execution of an Alternative Agreement, Buyer must sign an agreement satisfactory to
Seller which indemnifies Seller from any environmental liability from the use and/or possible
misuse of the underground storage tanks by any alternative fuel supply company (and such
indemnification shall be in addition to the environmental indemnifications made by Buyer to
Seller under the Lease Agreement between Seller and Buyer of even date herewith (the "Lease
Agreement")).
3. Prices: Terms. Deliveries. The Buyer will purchase motor fuel products from the
Seller as defined in the attached Commodity Schedule. Deliveries shall be made at the
11-22-02 3
607772.9 7120/05
Marketing Premises and shall be promptly received by Buyer. Payment terms for each delivery
are set forth on the Commodity Schedule.
4. Trademarks, Brand Names. During the term of this Agreement Buyer shall have the
right to use UNI-MART trademarks and brand names in accordance with UNI-MART
specifications, allowances and provisions set forth in the agreement between UNI-MART and
Seller. In the event UNI-MART requires image improvements or changes (e.g., canopies,
dispensers, signs, etc.), Seller and Buyer shall equally share the cost of such image
improvements (the "Re-Imaging") and extend the term of this Agreement by the appropriate
number of years to cover any such payments and/or costs (provided that Buyer remains the
tenant under the Lease Agreement during such extension period). Buyer shall not mix, blend,
commingle or adulterate Seller's motor fuel products with any other motor fuel or substance.
Motor fuels dispensed from equipment bearing the UNI-MART identification shall be UNI-
MART motor fuel purchased from and delivered by Seller. Buyer will not remove, alter or de-
brand the UNI-MART identification from the dispensing equipment, except as otherwise
provided in paragraph 1. Any violation of the provisions of this paragraph by Buyer shall
constitute a default under this Agreement and shall give Seller the right to immediately terminate
this Agreement.
During the term of this Agreement, Buyer must continually have available for sale
to the public a representative amount of the UNI-MART motor fuels through dispensing
equipment bearing the UNI-MART names. "Representative amount" means a sufficient supply
of each grade and type of motor fuel so that Buyer shall at no time be out of and always have
each grade and type available for sale.
In addition, if Buyer fails to meet Seller's minimum standards as set forth in
11-22-02 4
607772,9 MOM
paragraph 7, or if the Marketing Premises are unopened or abandoned for a period of thirty (30)
days, Seller shall have the right to terminate this Agreement. In the event this Agreement is
terminated, (a) Buyer's right to use of UNI-MART color scheme, trademarks, brand names,
slogans, and advertising shall cease; (b) Buyer shall return to Seller all such advertising and
promotional material in Buyer's possession; (c) the Marketing Premises must be de-identified
and Buyer will bear the expense of any de-identification, which would include payment to UNI-
MART for any unamortized portion of Seller's imaging funds; and (d) Buyer hereby grants
Seller and its contractors permission to enter upon the Marketing Premises to the extent
necessary to complete such de-identification.. Buyer acknowledges and recognizes that
injunctive relief is essential for the adequate remedy of any violation of the provisions of this
paragraph 4 by Buyer. Buyer further agrees to pay Seller's reasonable attorney fees in the event
the same has been initiated by Seller or UNI-MART to enforce any of the provisions of this
paragraph
5. Product Quality Control. Buyer shall protect the quality of motor products delivered
to the Marketing Premises by the Seller. The Buyer shall inspect storage tanks daily for water
accumulation and shall notify the Seller immediately if water exceeds three-fourths of an inch
depth for any tank. The Seller may refuse to make motor fuel deliveries into such a storage tank
or tanks until the problem is corrected. Buyer shall monitor inventory of underground tanks
daily, and reconcile inventory records at least daily. Buyer shall also keep a daily log of all
underground tank inventory readings. The Buyer shall accept all deliveries of motor fuel
products as recorded on the terminal bill of lading.
The sale and distribution of motor fuels is subject to state and federal regulation and the
Clean Air Act. This obligation addresses both the role of the Seller and Buyer in handling motor
11-22-02 5
607772.9 7/20/05
fuel products. Seller certifies that the motor fuel products delivered will, at the time of delivery,
meet or exceed the specifications under applicable governmental regulations. The Buyer hereby
covenants and agrees that the Buyer will exercise the highest degree of care and diligence in the
handling, storing and sale of motor fuels. Buyer shall not cause or condone any contamination,
mixing or adulteration of Seller's motor fuel products. Buyer shall immediately notify Seller of
any suspicion that the motor fuel products are contaminated in any way. Buyer's failure to
prevent contamination of motor fuel products subsequent to delivery shall constitute a default
hereunder. Seller shall not be responsible for any damages arising from contaminated motor fuel
products unless it is demonstrated by a preponderance of the demonstrable evidence that Seller's
motor fuel products delivered to Buyer were contaminated prior to delivery to Buyer. At Seller's
request, Buyer agrees to provide Seller with results of any tests of the motor fuel products
conducted by or for Buyer and further agrees to permit Seller to conduct any additional tests as
Seller may require.
6. Specifications', Brand Name. The Seller, at the sole discretion of UNI-MART at any
time during the term of this Agreement, shall have the right to change, alter, amend, or eliminate
any of the trade names, trademarks, or brands of petroleum products covered by this Agreement.
The Seller, at the sole discretion of UNI-MART at any time during the term of this Agreement,
may also either (a) change or alter the quality, grade, or specifications of any motor fuel products
covered by this Agreement or (b) discontinue or reduce the availability of any such motor fuel
products. The Seller shall give the Buyer written notice of discontinuance or reduction
availability of any motor fuel products covered by this Agreement.
7. Customer Service. Buyer agrees that, while using any trademark, brand name, or
other identification of UNI-MART, Buyer shall: (a) render prompt, fair, courteous and efficient
11-22-02 6
607772.9 7/20/05
service to Buyer's customers; (b) promptly investigate all customer complaints and make such
adjustments that are reasonable and appropriate; (c) maintain the Marketing Premises, which
includes maintaining the appearance of the building, painting dispenser islands and curbing twice
a year, maintaining any landscaping and maintaining the parking lot (including repair of pot
holes and striping of the lot); (d) provide qualified, uniformed attendants to render good service
to customers; (e) keep the rest rooms open at all times during business hours and keep such rest
rooms clean, sanitary, and furnished with adequate supplies; and (f) not employ or permit any
illegal, unethical, deceptive, or unfair practices in conflict with Buyer's business.
8. Hours of Operation. Buyer hereby acknowledges the importance to both parties to
operate hours that are competitive and consistent with Seller's strategy to recognize customer
convenience. To this end, Buyer will operate the Marketing Premises in the manner required
herein, a minimum of 24 hours per day, each day of the week, during the term of this Agreement.
9. Personal Supervision. This Agreement is made on the condition, and with the
understanding, that the Marketing Premises will be under the direct, daily, on site supervision of
BUYER, who will personally manage and oversee daily operation of the Marketing Premises at
least 20 hours per week.
10. Access. Seller and its representatives shall have full and unrestricted rights of
ingress and egress at the Marketing Premises, during normal business hours and upon reasonable
advance notice, for purpose of providing business counsel, advice, training and inspecting the
Marketing Premises and any loaned equipment, performing annual required testing of the tanks
and tank lines, to remedy any default by the Buyer hereunder, to assist Buyer in operating the
Marketing Premises consistent with the standards provided for herein, to audit and examine
Buyer's accounting records, to determine Buyer's compliance with this Agreement, and
11-22-02 7
607772 9 MOM
otherwise to exercise Seller's rights, options and privileges under this Agreement.
11. Financial Statements. Buyer shall provide Seller with financial statements and
other information relative to Buyer's creditworthiness, when requested by Seller. Buyer
represents that such information will be prepared in accordance with generally accepted
accounting principles and practices, consistently applied, fairly and accurately reflecting Buyer's
financial position, and may be relied upon by Seller in doing business with, and in extending
credit to, Buyer.
12. Deliveries. The Marketing Premises is the delivery point for all motor fuel
products sold by Seller to Buyer. Seller is not required to deliver less than 100% of capacity of
truck used for delivery of motor fuels to Buyer. Seller may impose, and Buyer shall pay handling
charges as determined by Seller, for deliveries of less than 100% of capacity of truck, and for
deliveries made at Buyer's request that are not in accordance with Seller's normal delivery
practices. Buyer grants the Seller the right to deliver motor fuel products during Buyer's normal
operating hours, and at other times upon payment of delivery surcharges as set forth in the
Commodity Schedule. Buyer shall notify Seller immediately of any changes in Buyer's normal
operating hours.
Seller will not deliver motor fuel products into any storage system that does not
adequately protect against spill and overfill or is unfit or unsafe for the storage or handling of
motor fuels in Seller's reasonable judgment. Buyer must protect the storage system from unsafe
conditions, and Buyer is solely responsible for all damages to persons or property that in any
way result from Buyer's failure to protect the storage system (except for Seller's obligations with
respect to the underground storage tanks as set forth in the Environmental Indemnity and Service
Agreement between Seller and Buyer). Buyer shall be responsible to ensure that the storage
11-z2-o2 8
607772,9 MGM
system will take the volume of motor fuels ordered and shall employ good management practices
to prevent spill and overfill discharges of motor fuel products at the Marketing Premises.
13. Compliance with Laws. Seller shall be responsible for compliance with all laws
and regulations pertaining to underground storage tanks, including obtaining all necessary
registrations, licenses and permits, to the extent set forth in the Environmental Indemnity and
Service Agreement between Seller and Buyer. Buyer shall be solely responsible for complying
with all applicable laws, regulations and rules of all governmental authorities regarding:
a. reporting and paying all taxes.
b. maintenance and cleanliness of the Marketing Premises.
compliance with laws pertaining to the hiring, discharge and compensation of
employees.
d. compliance with US Department of Labor Regulations.
e. polluting water, ground and air with any substance or product.
f. waste handling.
g, vapor recovery equipment.
h. posting and certifying of required octane and motor fuel requirements.
the Clean Air Act.
14. Claims; Bar Date; Damages Release. Seller shall have no liability to Buyer for any
alleged defect in quality or errors in quantity of any motor fuel products delivered ("Claim")
unless (A) Buyer gives Seller written notice of Buyer's Claim within: (i) two (2) business days
after delivery for errors in quantity of products or (ii) within four (4) business days after
discovery of alleged quality deficiencies; and (B) with respect to quality Claims, Buyer provides
Seller with reasonable opportunity to inspect the motor fuel products and take test samples. Any
I1-i2-02 9
607772.9 7/20105
other Claim by Buyer of any kind, based on or arising out of this Agreement or otherwise, shall
be waived and barred unless Seller is given written notice within ninety (90) days after the event,
action or inaction to which such Claim relates. In no event shall Seller be liable for lost profits
or for special, indirect or consequential damages, except as otherwise provided by applicable
law.
15. Force Majeure. Seller shall be excused from delay or nonperformance hereunder if it
is unable to meet Buyer's demand for motor fuel products if UNI-MART has diverted certain
supplies from such distribution points in order to alleviate shortages at other distribution points
or has otherwise exhausted or reduced the availability of motor fuel products. Either party shall
be excused from delay or nonperformance in the event of any condition whatsoever beyond said
party's reasonable control, including without limitation, unavailability, failure, or delay of
transportation; Acts of God; labor difficulties; explosions; storms; breakdown of machinery or
equipment; fire; riot, terrorist or war conditions in this or any other country; or compliance with
any law or governmental order, regulation recommendation, request or allocation program
(whether voluntary or involuntary), which directly or indirectly affects said party's ability to
perform hereunder.
In the event of any of the conditions referred to in the paragraph above, Seller shall
have the right to curtail deliveries or allocate its supply of motor fuel products for sale among its
customers in any manner, which, in its sole discretion, it determines to be fair and reasonable
under the circumstances, and shall not be obligated to obtain or purchase other supplies of motor
fuel products or to in any way make up any motor fuel products not delivered. Buyer shall not
hold Seller responsible in any manner for any losses or damages suffered by Buyer as a result of
any such curtailment or allocation by Seller.
11-22-o2 10
607772.9 72105
16. Indemnity. Buyer shall defend, indemnify and hold Seller, its agents, servants,
employees, successors, and assigns, harmless from and against any fines, penalties, charges, or
expense, for violation of any law, ordinance or regulation, caused by any act or omission,
whether negligent or otherwise, of Buyer or its agents, servants, or employees.
Seller shall defend, indemnify and hold Buyer, its agents, servants, employees,
successors, and assigns, harmless from and against any fines, penalties, charges, or expenses, for
violation of any law, ordinance or regulation, caused by any act or omission, whether negligent
or otherwise, of Seller or its agents, servants, or employees.
17. Expenses; Permits. Except as otherwise provided in this Agreement, Buyer shall pay
all expenses, taxes, and fees in connection with the maintenance and operation of the Marketing
Premises and the business conducted thereon, and shall comply with all applicable governmental
laws and regulations. Such expenses shall include a monthly fee imposed by Seller for Buyer's
access to and use of the POS network, if applicable. Seller and Buyer shall pay for the expenses
and fees of permits and licenses as provided in the Lease Agreement.
18. Default Termination, Non-Renewal, Notice, Right of Termination Due to
Governmental Rights.
(a) Default. If Buyer is in default of any terms or conditions hereunder or under the
Lease Agreement, Seller may suspend deliveries during such period of default and may terminate
or non-renew as provided hereunder or as otherwise provided by law.
(b) Termination or Non-Renewal of Agreement and Relationship.
(i) This Agreement is subject to and governed by the Petroleum Marketing
Practices Act, which is made a part of this Agreement for purposes of expressing the
grounds upon which it may be terminated or non-renewed by the Seller. Seller's right to
1 t-22-o2 11
607772.9 7aWS
terminate or non-renew under the Act shall be in addition to, and not in extinguishment
of, all other rights and remedies provided in favor of Seller by applicable law and this
Agreement. Therefore, if Buyer fails substantially to comply with, or violates, any
material requirement imposed upon the Buyer in this Agreement, Seller may terminate or
non-renew as permitted.
(ii) Prior to the end of the term of this Agreement, Seller may decide to renew
and continue the Agreement, on the basis of proposed changes and additions to the
provisions hereof, and shall advise Buyer of same. All such changes and additions
proposed by Seller shall be the result of determinations made by Seller in good faith and
in the normal course of business. Should the parties fail to agree upon such changes and
additions, Seller shall have the right, upon notice to Buyer, to non-renew this Agreement.
Should the parties agree upon such changes and additions, the Agreement shall be
renewed, subject to and in accordance with the agreed changes and additions, and the
execution by both parties of a renewal agreement.
(iii) Seller shall have thirty (30) days after termination or non-renewal to enter
upon the Buyer's Marketing Premises at any time during normal business hours, for the
purposes of taking possession and of removing Seller's loaned equipment, including
dispensing equipment, credit card equipment and signs.
(c) Notice. Should any circumstance occur constituting grounds for termination or non-
renewal of this Agreement, including but not limited to those set forth in subparagraph (a) and
(b) of this paragraph 18, Seller shall give Buyer and Buyer's primary lender (if known by Seller)
thirty (30) days prior written notice thereof stating the reasons therefor and the date on which
termination or non-renewal shall take effect.
11-22-02 12
60777x97/20/05
(d) Right of Termination Due to Government Action. If any federal, state or local
government action results in the adoption of orders, rulings, regulations, or laws that (i)
significantly alter the reasonable expectations of the parties at the time of entering into this
Agreement, or (ii) result in the imposition of any obligation upon Buyer to install or construct
equipment, facilities, or improvements on the Marketing Premises and, in Buyer's judgment, the
cost of installation and construction would be uneconomical, or (iii) modify in any way the
present relationship between Seller and UNI-MART, then either party may terminate this
Agreement upon not less than one hundred and eighty (180) days' written notice to the other
party.
19. Credit Cards. The terms and conditions for administration of credit cards are set
forth on the Commodity Schedule, attached hereto. The Buyer is permitted to accept any credit
cards as long as Buyer follows all appropriate UNI-MART credit card guidelines. The Buyer
will be responsible for any chargebacks resulting from non-compliance with the UNI-MART
credit card guidelines.
20. Labeling and Pasting. Buyer shall comply with all'health, labeling or pasting
requirements of any governmental agency, manufacturer, Seller or the UNI-MART.
21. Representations and Assurances. Seller has entered into this Agreement in reliance
on Buyer's representations to Seller of its desire to operate a retail facility selling UNI-MART
brand products at the Marketing Premises. Furthermore, Buyer represents to Seller that it will
conduct its business so as to maintain and enhance the public acceptance of UNI-MART
trademarks and products. Buyer agrees to use its best good faith efforts to promote and
maximize the sale of Seller's products, and to refrain from conduct, which will detract from the
value of UNI-MART trademarks. Except as otherwise expressly provided herein, at all times,
11-z2-oz 13
607772.9 7120105
Buyer shall keep visible and legible UNI-MART logos, signs, trademarks, and brand names
which are affixed to, located upon or associated with pumps, signs, or merchandising equipment
used in connection with the sale of UNI-MART products at Buyer's Marketing Premises. The
obligations assumed by Buyer herein are the very essence of this Agreement, and Buyer's failure
or refusal to comply therewith shall constitute grounds for termination or non-renewal of this
Agreement.
22. Relationship of Seller and Buyer. Buyer is an independent business, and nothing in
this Agreement shall be deemed as creating any right for Seller to exercise any control over, or to
direct in any respect, the conduct or management or Buyer's business. Neither Buyer nor any
person performing work at the Marketing Premises for, or on behalf of, Buyer shall be deemed
an employee or agent for Seller.
23. Notices. All notices hereunder shall be in writing and shall be sent by certified or
registered mail, return receipt requested, to the address specified in the opening paragraph of this
Agreement, unless changed by either party pursuant to a notice hereunder. Notice shall be
deemed given on the date such notice is deposited in the United States mail, postage prepaid and
properly addressed.
24. Severability. If any provision of this Agreement, or any portion thereof, or the
application thereof to any person or circumstance is determined by a court of competent
jurisdiction to be invalid or unenforceable, such invalidity or unenforceability shall not affect the
other provisions of this Agreement.
25. Significance of Terms and Conditions. The parties hereto agree that in all respects,
the terms and conditions herein are reasonable and of material significance to the relationship of
the parties, and any breach of any term or condition by either party shall be conclusively deemed
11-22-02 14
607772.9 7(20101
to be material and adverse.
26. Entire Agreement. This instrument, including any documents incorporated
hereunder, contains the entire agreement covering the subject matter, and supersedes any prior
verbal or written contract, agreement, representation or understanding between the parties
relating to motor fuel supplies to the Marketing Premises.
27. Envoy Training. Buyer shall be required, prior to the commencement of this
Agreement, to attend that amount of training on the Envoy system so as to be deemed by Seller
competent in its operation. Failure to attend said training may result in the delay of Seller's
delivery to Buyer of motor fuel.
28. Miscellaneous. Any attempt to assign this Agreement by Buyer without Seller's
prior written consent, which shall not be unreasonably withheld, delayed or conditioned (and in
determining whether to grant such consent, Seller may consider the financial condition,
reputation and character of the proposed assignee, and its contemplated use of the Marketing
Premises), shall constitute a default under this Agreement and any such attempted assignment
shall be void. The headings of the paragraphs of the Agreement are for convenience only and in
no way limit, amplify or otherwise affect the terms and conditions herein. Seller's right to
require strict performance shall not be affected by any previous waiver or course of dealing.
No modification of this Agreement shall be binding unless in writing and signed by Seller's and
Buyer's authorized representatives.
? ?-22-oz 15
607772.9 720/05 -
IN WITNESS WHEREOF, the parties hereto, each intending to be legally bound hereby,
have executed this Retail Dealer Agreement the date and year first above written.
UNI-MARTS, LLC
BY:
4D10Z. Sou islt
/Manager
WITNESS:
BY:
SAIMA INTERNATIONAL, INC.
BY:
Aijaz A. Shaikh
President
WITNESS:
BY: 1
11-22-02 16
607772 9 7/20105
UNI-MARTS, LLC
COMMODITY SCHEDULE
DATED AjMa-a-L, 2005
BUYER/ENTERPRISE NAME: SAIMA INTERNATIONAL, INC.
PRODUCTS: MOTOR FUELS
DELIVERY POINT: 1962 SPRING ROAD, CARLISLE, PA 17013
GRADES: ALL GRADES
This schedule is attached to and made part of a Fuel Supply Agreement between Buyer and
Uni-Marts, LLC (the "Seller") dated %) 212005.
1. Quantity. The quantity of Products covered by this Agreement shall be all of
Buyer's motor fuel product requirements, but in no case less than a minimum of 453,600 gallons
per year and a maximum of 530,000 gallons per year'. The maximum and minimum figures shall
be reviewed annually by Buyer and Seller. If, during any annual period of this Agreement, Buyer
fails to purchase the minimum annual quantity set forth in this Commodity Schedule, Buyer shall
pay to Seller, within thirty (30) days of the end of such annual period, an amount determined by
multiplying two cents ($.02) times the difference between the quantity of gallons actually
purchased during such annual period and the minimum annual quantity of gallons as set forth in
this Commodity Schedule.
2. Delivery. The Delivery shall be complete on the unloading of the transport truck at
the Buyer's Marketing Premises.
1 If a gallonage number is filled in below, Buyer agrees that the Initial Term of the Fuel Supply Agreement shall be
extended, if necessary, until Buyer has sold the following total number of motor fuel product gallons at the Marketing
Premises:
N/A gallons
607724.6 MOM
3. Price. The price to be paid by Buyer per gallon shall be Seller's tank wagon price,
(the "Delivered Price"), which is defined as: (1) UNI-MART Rack price for the closest terminal
that offers the best price as quoted through DTNergy (or similar data service provider), (2)
applicable taxes, (3) reasonable hauling charges, which shall not exceed Seller's actual hauling
charges, (4) split load charges (if applicable), (5) delivery surcharges for Sunday and holiday
deliveries, (6) any applicable state Superfund charges, (7) delivery surcharge for increased fuel cost
to hauling company (if applicable), and (8) two cents per gallon. Invoice from Seller to Buyer will
set forth the gallons delivered multiplied by the Delivered Price, plus the applicable EFT bank fees
(the "Invoice Amount").
4. Credit Cards. All credit card purchases will be directly credited to Seller by
PAYMENTECH. Seller will credit Buyer's account by electronic fund transfer ("EFT") into the
provided bank account.
5. Deposit. Buyer will deposit with Seller a $15,000 Collateral Deposit in accordance
with terms of the attached Collateral Deposit Agreement.
6. Payment Terms. The Buyer will pay 100% of the Invoice Amount, less credit card
receipts by Seller for transactions with Buyer through the day before the applicable date of
delivery, by EFT from Buyer's provided bank account one day after delivery date for deliveries
made on normal business days (Monday through Thursday). For deliveries made on Friday,
Saturday, Sunday or a legal holiday, Buyer will pay 95% of the estimated Invoice Amount, less
credit card receipts by Seller for transactions with Buyer through Thursday, by EFT on Friday, with
the remaining balance EFT'd on the next business day. The EFT will be initiated by the Seller for
the total amount due from the Buyer's bank account. Buyer is responsible for all bank fees
associated with the EFT.
607724.6 7/20/05
7. Rent Credit• From time to time Seller may receive a cash payment term discount
from certain oil companies and/or distribution companies which supply motor fuel products to
Seller (the "Cash Payment Discount"). Buyer and Seller acknowledge that they have both also
entered into a Lease or Sublease permitting Buyer to occupy the Marketing Premises (the "Property
Lease"). Seiler agrees to provide a credit equal to any such Cash Payment Discount to Buyer in the
form of a credit toward Buyer's immediately succeeding monthly rent obligation under the
Property Lease. Any such credit will be accounted for and delivered to Buyer in the form of a
notice of credit against the next monthly rent installment due to Seller. In the event that Seller is no
longer the landlord at the Marketing Premises, Seller will provide a credit to Buyer on the
immediately succeeding Invoice Amount hereunder.
IN WITNESS WHEREOF, the parties hereto have executed this Commodity Schedule on
the date provided above.
UNI-MARTS, LLC
By.
Its: M a er
SAIMA INTERNATIONAL, INC.
By:
Its: President
607724.6 7120105
UNI-MARTS, LLC
COMMODITY SCHEDULE
DATED ??St Z , 2005
BUYER/ENTERPRISE NAME: SAIMA INTERNATIONAL, INC.
PRODUCTS: KEROSENE
DELIVERY POINT: 1962 SPRING ROAD, CARLISLE, PA 17013
This schedule is attached to and made part of a Fuel Supply Agreement between Buyer and
Uni-Marts, LLC (the "Seller") dated VSfi 2-12005.
1. uanti . The quantity of Products covered by this Agreement shall be all of
Buyer's kerosene product requirements.
2. Delivery. The Delivery shall be complete on the unloading of the tank wagon or
transport truck at the Buyer's Marketing Premises.
3. Price. The price to be paid by Buyer per gallon shall be Seller's tank wagon price,
(the "Delivered Price"), which is defined as: (1) Seller's Rack price for the closest terminal that
offers the best price as quoted through DTNergy (or similar data service provider), (2) applicable
taxes, (3) reasonable hauling charges, which shall not exceed Seller's actual hauling charges, (4)
split load charges (if applicable), (5) delivery surcharges for Sunday and holiday deliveries, (6) any
applicable state Superfund charges, (7) delivery surcharge for increased fuel cost to hauling
company (if applicable), and (8) two cents per gallon. Invoice from Seller to Buyer will set forth
the gallons delivered multiplied by the Delivered Price, plus the applicable EFT bank fees (the
"Invoice Amount").
607619.2 7/20/05
4. Payment Terms. The Buyer will pay 100% of the Invoice Amount, less credit card
receipts by Seller for transactions with Buyer through the day before the applicable date of
delivery, by EFT from Buyer's provided bank account one day after delivery date for deliveries
made on normal business days (Monday through Thursday). For deliveries made on Friday,
Saturday, Sunday or a legal holiday, Buyer will pay 95% of the estimated Invoice Amount, less
credit card receipts by Seller for transactions with Buyer through Thursday, by EFT on Friday, with
the remaining balance EFT'd on the next business day. The EFT will be initiated by the Seller for
the total amount due from the Buyer's bank account. Buyer is responsible for all bank fees
associated with the EFT.
IN WITNESS WHEREOF, the parties hereto have executed this Commodity Schedule on
the date provided above.
UNI-MARTS, LLC
By:
Its: M a er
SAIMA INTERNATIONAL, INC.
By:
Its: President
607889.2 7/20/05
Site No.: 04234
Location: 1962 SPRING ROAD
CARLISLE, PA 17013
Countk CUMBERLAND
COLLATERAL DEPOSIT AGREEMENT
FOR AND IN CONSIDERATION of the mutual benefits accruing and expected to
accrue hereunder, UNI-MARTS, LLC of 477 East Beaver Ave., State College, PA ("Seller") and
SAIMA INTERNATIONAL, INC., having a place of business at 2203 Glen Allen Avenue, Apt
T-2, Silver Spring, MD 20906 ("Buyer"), intending to be legally bound, hereby agree as
follows:
BACKGROUND
1. Seller and Buyer are parties to a Fuel Supply Agreement of even date herewith
("Agreement"), which provides, in part, for the purchase and sale of motor fuel products.
2. Buyer's obligation to pay for motor fuel products purchased from Seller are to be secured
by either a Cash Deposit or an Irrevocable Letter of Credit as defined herein (the "Collateral
Deposit") in accordance with the terms of the Agreement.
3. The purpose of this Collateral Deposit Agreement is to set forth the terms and conditions
of such Collateral Deposit.
Terms
1. Buyer has undertaken, and intends to undertake certain and varied financial obligations to
the Seller, whereby Buyer will become indebted to Seller from time to time for or on account of
the purchase of motor fuel products.
2. In order to secure the prompt and full payment of such indebtedness in accordance with
the Agreement, Buyer has deposited with Seller a cash deposit in the amount of $15,000 ("Cash
Deposit") at or before signing of the Agreement. In lieu of the Cash Deposit, Buyer may, at its
option, provide Seller with an Irrevocable Letter of Credit under terms satisfactory to Seller (the
"ILC") and for the benefit of Seller equal to twice the amount of the Cash Deposit at or before
signing of the Agreement. Seller in its sole discretion may require the Cash Deposit, or the
amount of the ILC, to be increased or decreased during the term of this Agreement due to price
fluctuations of motor fuel products. Buyer agrees to fund the additional Cash Deposit or
increase/decrease the amount of the ILC within fifteen (15) business days of Seller's written
notice to Buyer of any such request.
3. Buyer shall pay to Seller any indebtedness whatsoever, which Buyer owes to Seller, by
reason of any obligation now or hereinafter undertaken by Buyer in favor of Seller under the
Agreement.
610930.2 7/20105
4. The Collateral Deposit shall be held by the Seller as one general continuing collateral
security for the discharge and payment of all or any part of any present, past or future obligation,
indebtedness or liability of the Buyer to the Seller under the Agreement.
5. Buyer hereby authorizes Seller to apply the Collateral Deposit to payment of any
obligation, indebtedness, liability or tax outstanding of Buyer to Seller, or for which Seller may
become liable at any time during, or at the end of, the relationship between Buyer and Seller.
6. Seller shall be the sole determiner of disposition of the Collateral Deposit. Seller's
disposition of the Collateral Deposit shall not release Buyer from any obligation in Buyer's
contractual relationship with Seller. If Buyer shall be in default at any time of requirements set
forth in the Agreement, Seller shall have the right, in addition to any other remedy, to correct
said default and deduct any cost or expense therewith from the Collateral Deposit. Immediately
upon the application of such amount by Seller, Buyer shall pay to Seller an amount equal to that
portion so applied so as to restore the Collateral Deposit to the amount set forth above.
7. At the end of the Agreement, including payment of all indebtedness and liabilities due or
payable to Seller by Buyer, Seller shall return to Buyer any Collateral Deposit funds or unapplied
balance thereof, unless a new Agreement is signed by both parties.
IN WITNESS WHEREOF, the parties have agreed to the terms of this Collateral Deposit
Agreement on this I day of , 2005.
UNI-MARTS, LLC
By: `
Its: M er
SAIMA INTERNATIONAL, INC.
By:
01-Its: President
610830.2 7120/05
Exhibit F
Site No.: 04234
Location: 1962 Spring Road
Carlisle PA 17013
County: Cumberland
TRADEMARK LICENSE AGREEMENT
This Trademark License Agreement ("Agreement") is made and entered into as
of the -1- day of ALir_, 2005, by and between SAIMA INTERNATIONAL, INC.,
a Pennsylvania corporation whose address is 2203 Glen Allen Avenue, Apt T-2, Silver
Spring, MD 20906 ("Purchaser") and Uni-Marts, LLC, a Pennsylvania limited liability
company with its principal place of business located at 477 East Beaver Avenue, State
College, Pennsylvania 16801-5690 ("Uni-Marts"). Purchaser acknowledges and
agrees that this Agreement is conditioned upon, and shall not be effective until, the
closing of the transactions under that certain Purchase and Sale Agreement and Lease
or Sublease ("Lease") by and between Uni-Marts and Purchaser (the "Closing"). Now,
therefore, Uni-Marts and Purchaser, intending to be legally bound hereby, agree as
follows:
1. Definitions. As used herein, "Marks" means the "Uni-Marts" and "Choice
Cigarette Discount Outlet" names, logos and certain related trade names, trademarks
and logotypes as identified by Uni-Marts in writing from time to time; "Know-How"
means certain proprietary approaches, initiatives, methods, procedures, processes,
concepts, materials, trade secrets, and know-how of Uni-Marts with respect to operation
of convenience stores; and, "Documentation" means the Specifications (as defined
herein) and all other instructions, manuals, diagrams and other materials, in whatever
medium or format, pertaining to the Marks, Know-How and/or the use thereof.
2. Trademark License. From and after the Closing, Uni-Marts hereby grants
Purchaser a non-exclusive, non-transferable, limited license, without the right to
sublicense, to use the Marks, the Know-How and the Documentation solely in
connection with the operation of the facilities identified above (the "Facilities") and not in
connection with any other business or facility or for any other purpose whatsoever (the
"Trademark License"). Purchaser may not sell, lease, assign, sublicense or otherwise
transfer, in whole or in part, this Agreement, the Trademark License, the Marks, the
Know-How, the Documentation or any other Uni-Marts-provided materials, or any
licenses or rights granted hereunder without the express written consent of Uni-Marts,
which consent shall not be unreasonably withheld (but in determining whether to grant
such consent, Uni-Marts may consider the financial condition, reputation and character
of the proposed transferee, and its contemplated use of the Facilities).
I Obligations of Purchaser.
610315.1 7/20/05
a. In addition to its other obligations set forth herein, during the term of
this Agreement, Purchaser shall do each of the following:
i. use the Marks and the Know-How in strict compliance with
all current standards, specifications and procedures of Uni-Marts (the "Specifications"),
together with such future modifications to the Specifications as are necessary or
desirable for Uni-Marts' business purposes and provided in advance to Purchaser;
ii. advertise and promote the Facilities only under the Marks
and without any accompanying words or symbols except as approved by Uni-Marts in
writing;
iii. impose on all signs, advertising and other materials using or
incorporating the Marks prepared by or for Purchaser, other than by Uni-Marts (the
"Purchaser-Prepared Materials"), the symbol ®or "T""", as the case may be, and cause
all such Purchaser-Prepared Materials to use and reproduce the Marks accurately and
exactly, in a manner which will best protect Uni-Marts' rights in the Marks; and
iv. in all public records and in its relationship with other persons,
and on its letterhead and business forms, clearly indicate its independent ownership
and operation of the Facilities.
b. Purchaser shall not at any time:
i. adopt a corporate or other fictitious entity name
incorporating, in whole or in part, any of the Marks;
ii. lend its name or use any of the Marks, Know-How or
Documentation to endorse the products or services of any third parties;
iii. represent or hold itself out as an agent, legal representative,
partner, subsidiary, joint venturer, associate, affiliate or employee of Uni-Marts; or,
iv. operate the Facilities in a way that is damaging to Uni-Marts;
that causes any threat or danger to public health or safety; that would tend to bring Uni-
Marts or the Marks, Know-How or Documentation into public disrepute, contempt,
scandal or ridicule; that would tend to insult or offend the community in which such
Facilities are located, or any group or class thereof; or, that would or might adversely
affect the relationship between Uni-Marts and its customers and/or Purchasers.
C. Uni-Marts shall have the right to enter into and inspect the
Facilities, with or without notice, during Purchaser's normal business hours, for the
purpose of ascertaining Purchaser's compliance with the terms of this Section 3.
610)15.1 720/05 .2-
4. Obligations of Uni-Marts. During the term of this Agreement, Uni-Marts
shall provide
a. use by Purchaser of Uni-Marts' 1-800 support telephone number;
and
b. access to Purchaser, Purchaser's primary lender for the purchase
of the Facilities ("Lender") and (if applicable) the U.S. Small Business Administration
("SBA"), upon request and during regular business hours, to Uni-Marts' pertinent billings
and collections records relating to the Payments.
5. Payments. In consideration of the Trademark License and the 1-800
support hereunder, Purchaser shall pay Uni-Marts Two Hundred dollars ($200.00) per
Facility per month (the "Payments"). Licensee shall make the Payments to Uni-Marts
within ten (10) days after the end of each month for that month.
The Payments to Uni-Marts shall be deferred during such period of time as
Lender's loan to Purchaser is in default or Lender or the SBA has granted a deferment,
but any deferred Payments shall be immediately due and payable to Uni-Marts at the
conclusion of such period.
6. Payment; Taxes. Any sum not paid by Purchaser hereunder when due
shall bear interest until paid at a rate of 1.5% per month (18% per annum), or the
maximum rate permitted by law, whichever is less. Purchaser shalt also pay all
expenses (including, without limitation, attorneys' fees) actually incurred by Uni-Marts in
collecting such payment or otherwise exercising its rights and remedies hereunder.
Purchaser acknowledges and agrees that it is not entitled to set-off any monetary claims
which it may have against Uni-Marts against the Payments or any other sum which the
License is obligated to pay hereunder.
7. Proprietary Rights.
a. The Marks are trademarks or registered trademarks of Uni-Marts.
Purchaser shall not at any time use any word or mark which is similar to or is likely to be
confused with the Marks without Uni-Marts' prior written consent. During the term of
this Agreement and thereafter, Purchaser shall not directly or indirectly impugn or
contest the validity of or Uni-Marts' ownership of the Marks or take or aid any action
whatsoever in derogation of the Marks. Any and all goodwill generated by the use of
the Marks will inure solely to the benefit of Uni-Marts. Samples of all Purchaser-
Prepared Materials must be submitted to Uni-Marts for written approval prior to use.
b. Title to the Know-How and the Documentation, and all
modifications, updates and derivative works thereof, whether created by Uni-Marts,
6103 15 1 7/20105 -3-
Purchaser, or any third party, shall at all times remain and vest solely with Uni-Marts.
Uni-Marts shall have the exclusive right to patent, copyright, register and protect such
materials in Uni-Marts' own name to the exclusion of Purchaser, whose rights thereto
are limited to its rights as a Purchaser under this Agreement. Purchaser agrees that it
will not claim or assert title to any such materials or attempt to transfer title to same to
any third parties.
C. Purchaser shall at all times do all acts, and where appropriate
refrain from such acts, as may be necessary or appropriate to protect UnWarts'
proprietary rights in and to the Marks, Know-How and Documentation. Purchaser shall
not have, and this Agreement shall not be construed as granting, any right, title or
interest in or to any of Uni-Marts' proprietary and intellectual property rights (including
patent, trademark, copyright, trade secret and other rights) not expressly licensed to
Purchaser under this Agreement.
8. Confidential Information. During the course of the parties' performance
hereunder, Purchaser may be given, obtain, or have access to certain information which
is confidential and proprietary to Uni-Marts and/or which constitutes trade secrets of
Uni-Marts, including, without limitation, the Know-How, Specifications, Documentation
and other technical, marketing, sales, operating and cost information and know-how
("Confidential Information"). Confidential Information shall not include any information
which
i. is or becomes available to the public other than as the
consequence of a breach of any obligation of confidentiality;
ii. is actually known to or in the possession of Purchaser
without any limitation on use or disclosure prior to receipt from Uni-Marts; or
iii. is rightfully received from a third party in possession of such
information who is not under obligation to Uni-Marts not to disclose the information.
Purchaser shall hold in strict confidence and trust all Confidential
Information and shall not disclose, sell, rent or otherwise provide or transfer, directly or
indirectly, any Confidential Information or anything related to the Confidential
Information to third parties, without the prior written consent of Uni-Marts. Purchaser
shall use the Confidential Information only in accordance with the terms and provisions
of this Agreement, and not for any other purpose whatsoever. Notwithstanding the
foregoing, Purchaser will be permitted to disclose Confidential Information pursuant to a
court order, government order or any other legal requirement of disclosure if no suitable
protective order or equivalent remedy is available, provided that Purchaser gives Uni-
Marts written notice of such court order, government order or legal requirement of
disclosure immediately upon knowledge thereof and allows Uni-Marts a reasonable
opportunity to seek to obtain a protective order or other appropriate remedy prior to
6103 15.1 7120A5 -4-
such disclosure to the extent permitted by law, and further provided that Purchaser shall
furnish only that portion of the Confidential Information which Purchaser is advised by a
written opinion of counsel is legally required. Upon termination of this Agreement, or
upon earlier request by Uni-Marts, Purchaser shall promptly return to Uni-Marts or, at
Uni-Marts' option, destroy any and all Confidential Information, including all copies or
duplicates thereof.
9. Equitable Relief. Purchaser understands that in the event Purchaser fails
to comply with the provisions of Sections 2, 3, 7 and 8 hereof, Uni-Marts shall suffer
irreparable harm which would not be adequately compensated for by monetary
damages alone. Purchaser, therefore, agrees that in the event of a breach or
threatened breach of any of such provisions by Purchaser, Uni-Marts shall be entitled to
injunctive and/or other preliminary or equitable relief, in addition to any other remedies
available at law, without having to prove actual damages or to post a bond.
10. Representations and Warranties of Purchaser. Purchaser hereby
represents and warrants that:
a. Purchaser is duly organized and validly subsisting under the laws of
the state identified above and has the full power and authority to enter into this
Agreement;
b. the execution, delivery and performance of this Agreement and the
consummation of the transactions contemplated hereby have been duly authorized by
all necessary action by and on behalf of Purchaser, and this Agreement constitutes the
valid and binding obligation of Purchaser, enforceable against it in accordance with its
terms;
C. the execution, delivery and performance of this Agreement and the
consummation of the transactions contemplated hereby, do not, with or without the
giving of notice, the lapse of time or both:
result in a violation of Purchaser's organizational documents
(where appropriate),
ii. contravene or conflict with, or constitute a violation of, any
judgment, injunction, order or decree binding upon or applicable to Purchaser,
iii. require any consent, approval or other action by any third
party, or
iv. contravene or conflict with, or constitute a violation of, any
agreement to which Purchaser is a party or by which Purchaser is bound.
610315.1 720/07 -5-
11. Acknowledgements. Purchaser and Uni-Marts hereby further
acknowledge and agree that the Payments made by Purchaser to Uni-Marts hereunder
are solely in consideration of the Trademark License and 1-800 support provided by
Uni-Marts hereunder.
12. Term and Termination.
a. The term of this Agreement shall be the same as the term of the
Lease between Uni-Marts and Purchaser.
b. Notwithstanding Section 12.a. hereof, this Agreement may be
terminated as follows:
i. by either party, in the event the other party has breached a
covenant, obligation or warranty under this Agreement and such breach remains
uncured for a period of thirty (30) days after notice thereof is sent to such other party
and, in the case of Purchaser's default, to Lender and the SBA, who shall have the
same opportunity to cure such default;
ii. by either party, without notice, in the event the other party
ceases to conduct business;
iii. by either party, without notice, should the other party admit
in writing its inability to pay its debts generally as they become due; make a general
assignment for the benefit of creditors; institute proceedings to be adjudicated a
voluntary bankrupt, or consent to the filing of a petition of bankruptcy against it; be
adjudicated by a court of competent jurisdiction as being bankrupt or insolvent; seek
reorganization under any bankruptcy act, or consent to the filing of a petition seeking
such reorganization; or, have a decree entered against it by a court of competent
jurisdiction appointing a receiver, liquidator, trustee, or assignee in bankruptcy or in
insolvency covering all or substantially all of such party's property or providing for the
liquidation of such party's property or business affairs; or
iv. by Uni-Marts, immediately upon a breach by Purchaser of
Section 2, 3, 7 or 8 hereof. If any applicable law requires a greater notice of the
termination of, or the election not to renew, this Agreement, or the taking of some other
action with respect to such termination or election not to renew than is required by the
Agreement, such requirements of law shall be deemed substituted for the notice
requirements contained in this Agreement.
C. Upon termination of this Agreement by either party, Purchaser shall
immediately pay to Uni-Marts all sums payable under this Agreement, including, without
limitation, all Payments accruing through the effective date of termination, without setoff
610]15.1 7/20/05 -6-
or reduction of any kind. Termination of this Agreement will terminate the Lease, the
Trademark License and all other rights granted by Uni-Marts to Purchaser hereunder.
Upon such termination, Purchaser shall immediately cease use of the Marks, return any
Uni-Marts-provided materials to Uni-Marts and return to Uni-Marts or, at Uni-Marts'
option, destroy all Purchaser-Prepared Materials using or incorporating the Marks. After
expiration or termination of this Agreement, Purchaser shall not operate or do business
under any name or in any manner or style that might tend to give the general public the
impression that it is, either directly or indirectly, associated, affiliated, licensed by or
related to Uni-Marts; and upon such expiration or termination, Uni-Marts may, if
Purchaser does not do so, execute in Purchaser's name and on its behalf any and all
documents necessary or appropriate in Uni-Marts' judgment to end and cause the
discontinuance of Purchaser's use of the Marks, and Uni-Marts is hereby irrevocably
appointed and designated as Purchaser's attorney-in-fact to do so.
d. All provisions hereof that are intended by their terms to survive
termination or expiration of this Agreement, including, without limitation, Sections 3.b, 5,
6, 7, 8, 9, 10, 11, 12, 12c, 12d, 13, 14, 15 and 16 hereof, shall survive such termination
or expiration.
13. DISCLAIMER OF WARRANTIES; LIMITATION OF LIABILITY. UNI-
MARTS SHALL PROVIDE TO PURCHASER CERTAIN WARRANTIES OF TITLE AND
OTHER WARRANTIES PURSUANT TO THE PURCHASE AND SALE AGREEMENT
AND THE TRANSACTION DOCUMENTS (AS DEFINED IN THE PURCHASE AND
SALE AGREEMENT), AND WARRANTIES OF NON-INFRINGEMENT HEREUNDER.
UNI-MARTS DOES NOT MAKE ANY, AND HEREBY SPECIFICALLY DISCLAIMS ANY
AND ALL OTHER WARRANTIES, EXPRESS OR IMPLIED, INCLUDING BUT NOT
LIMITED TO WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A
PARTICULAR PURPOSE, WITH REGARD TO THE TRADEMARK LICENSE, MARKS,
KNOW-HOW, SPECIFICATIONS, OR DOCUMENTATION. TO THE MAXIMUM
EXTENT PERMITTED BY APPLICABLE LAW, IN NO EVENT SHALL UNI-MARTS BE
LIABLE TO PURCHASER OR ANY THIRD PARTY FOR SPECIAL, INCIDENTAL,
INDIRECT, CONSEQUENTIAL OR PUNITIVE DAMAGES (INCLUDING, WITHOUT
LIMITATION, DAMAGES FOR LOSS OF INCOME, PROFITS OR ANY OTHER
PECUNIARY LOSS) ARISING OUT OF OR IN CONNECTION WITH THE
TRADEMARK LICENSE, MARKS, KNOW-HOW, SPECIFICATIONS, OR
DOCUMENTATION, EVEN IF UNI-MARTS HAS BEEN ADVISED OF THE
POSSIBILITY OF SUCH DAMAGES. UNI-MARTS' ENTIRE LIABILITY TO
PURCHASER AND/OR ANY THIRD PARTY SHALL BE LIMITED, IN THE
AGGREGATE, TO THE PAYMENTS PAID BY PURCHASER HEREUNDER.
14. Infringement Indemnification. Uni-Marts shall indemnify, defend and hold
harmless Purchaser from and against any claim by any third party that Purchaser's use
of the Marks, Know-How and/or Documentation in accordance with the terms hereof
infringes any United States patent, trademark or copyright; provided, however, that
Purchaser promptly notifies Uni-Marts of such claim in writing. Uni-Marts shall have the
6103 IS I 1/2010S -7-
right to defend and settle any such claim, and Purchaser shall not enter into any
settlement or other agreement with respect to same without the prior written consent of
Uni-Marts. Purchaser may participate in the defense of such claim at its own expense.
15. Purchaser Indemnification and Insurance. Purchaser shall indemnify,
defend and hold harmless Uni-Marts, its officers, managers, members, employees,
agents and legal representatives from and against any and all losses, liabilities, claims,
actions, damages, demands, costs and expenses (including, without limitation,
attorneys' fees and court costs) ("Losses") arising, directly or indirectly, out of or in
connection with
a. a breach of any representation, warranty or covenant of Purchaser
hereunder,
b. the operation of the Facilities,
c. the preparation, offer for sale or sale of merchandise by Purchaser,
or
d. any acts or omission of Purchaser, its officers, directors,
shareholders, members, managers, partners, employees, agents or contractors.
During the term hereof, Purchaser shall procure and maintain in full force
and effect comprehensive general liability insurance (including contractual liability
insurance sufficient to cover Purchaser's obligations pursuant to this section), statutory
workers' compensation and employer's liability insurance, and all other forms of
insurance, in such amounts and having such deductibles, as is necessary or
appropriate to the operation of Purchaser's business and its performance hereunder, in
accordance with all Laws and industry standards. All such policies shall name Uni-
Marts as an additional named insured, and shall contain an endorsement requiring the
insured and insurer to give Uni-Marts thirty (30) days advance written notice before any
termination or cancellation of such policy will be effective. Purchaser shall promptly
deliver certificates of all insurance to Uni-Marts, as such insurance is procured or
renewed by Purchaser.
16. Miscellaneous. This Agreement is the sole and entire agreement between
the parties relating to the subject matter hereof, and supersedes all prior
understandings, agreements, and documentation between the parties with respect
thereto. This Agreement may be amended only by a written instrument executed by the
authorized representatives of both parties. This Agreement shall be interpreted in
accordance with the substantive law of the Commonwealth of Pennsylvania, without
regard to Pennsylvania's principles regarding conflict of laws. The state and federal
courts located in Pennsylvania shall have exclusive jurisdiction over any and all
disputes arising out of or in connection with this Agreement, and Purchaser and Uni-
610315,1 moms -8-
Marts each hereby consents to the personal jurisdiction of such courts. Uni-Marts and
Purchaser are independent contractors under this Agreement, and nothing herein shall
be construed to create a partnership, joint venture, or agency relationship between the
parties hereto. Neither party shall have any power or authority to enter into agreements
of any kind on behalf of, or to otherwise bind or obligate, the other party in any manner
to any third party. The provisions set forth in this Agreement are for the sole benefit of
the parties hereto and their successors and permitted assigns, and they shall not be
construed as conferring any rights on any other persons, except as expressly provided
in Section 15 hereof. All notices, consents, waivers or other communications which are
required or permitted hereunder shall be sufficient if given in writing to the parties at the
addresses set forth above (or to such other address as shall be set forth in a notice
given in the same manner) and shall be deemed to have been given three (3) business
days after mailing if sent by registered or certified mail (postage prepaid), one business
day after mailing if sent by overnight mail service, or on the date delivered or
transmitted if delivered personally or sent by facsimile transmission (receipt confirmed).
Neither party shall by mere lapse of time without giving notice or taking other action
hereunder be deemed to have waived any breach by the other party of any provision of
this Agreement. Further, the waiver by either party of a particular breach of this
Agreement by the other party shall not be construed as, or constitute, a continuing
waiver of such breach, or of other breaches of the same or other provisions of this
Agreement. If any provision of this Agreement shall be held illegal, unenforceable, or in
conflict with any law of a federal, state, or local government having jurisdiction over this
Agreement, the validity of the remaining portions or provisions hereof shall not be
affected thereby. This Agreement may be executed in one or more counterpart copies,
each of which shall be deemed an original and all of which shall together be deemed to
constitute one agreement.
IN WITNESS WHEREOF the parties hereto have caused this Agreement to be
executed by their duly authorized representatives.
UN
By:
Its:
SAIMA INTERNATIONA , INC.
By: 7M
Its: President
61031517/20105 -9-
Exhibit G
Uni-Marts, LLC
Dealer Receivable
Store #94234
12/15/10
Description
N MIDLETON WAT&SEW 12/17
COUNTY/BOROUGH TAX 1/1-12/31/06
COUNTY/BOROUGH TAX 1/1-12/31/06
PROPERTY INSURANCE 2006
SCHOOL TAX 7/1/06-6/11/07
COUNTY/BOROUGH TAX 1/1-6/11/07
GAS DELIVERY DATED 5/29/07
AMOCO NETWORK FEE-JUN 07
JUN 07 RENT
JUN 07 LATE RENT FEE
RETURNED EFT FEES 6/5 & 6/7/07
GAS DELIVERY DATED 6/2/07
TRADEMARK FEE-MAY 07
AMOCO CREDIT CARDS & FEES 5/29-
6/2/07
TRADEMARK FEE-JUN 07
ATM COMMISSION-MAY 07
ATM RENT-MAY 07
FUEL DEPOSIT
ATM COMMISSION-JUN 07
ATM RENT-JUN 07
SUBLET-SECURITY DEPOSIT
GVNA REBATES-1ST QTR 07
FUEL SHORTFALL 2005-2006
Amount Balance
billed
2/16/06 373.12 373.12
billed
5/17/06 407.79 780.91
billed
5/17/06 2,143.58 2,924.49
billed
9/13/06 578.00 3,502.49
billed
9/13/06 9,314.32 12,816.81
billed
4/26/07 1,163.16 13,979.97
10,438.35 24,418.32
125.00 24,543.32
5,941.76 30,485.08
594.17 31,079.25
60.00 31,139.25
24,965.28 56,104.53
200.00 56,304.53
(5,943.00) 50,361.53
200.00 50,561.53
(26.00) 50,535.53
78.00 50,613.53
(15,000.00) 35,613.53
(3.00) 35,610.53
28.60 35,639.13
1,100.00 36,739.13
(148.00) 36,591.13
2,933.14 39,524.27
Exhibit H
Site No.: 04232
Location: 50 East Main-Street. Route 641
Plainfield PA 17081
County' Cumberland
LEASE
THIS LEASE (this "Lease") is made as of X , 2005 (the "Effective Date"),
by and between UNI-MARTS, LLC, a Pennsylvania ' ited liability company ("Lessor"), whose
address is 477 East Beaver Avenue, State College, Pennsylvania 16801-5690, and SAIMA
INTERNATIONAL, INC., a Pennsylvania corporation ("Lessee"), whose address is 2203 Glen
Allen Avenue, Apt T-2, Silver Spring, MD 20906.
WITNESSETH:
THAT, in consideration of the mutual covenants and agreements herein contained, Lessor
and Lessee hereby covenant and agree as follows:
1. Certain Defined Terms. The following terms shall have the following meanings
for all purposes of this Lease:
"Action" has the meaning set forth in Section 23.A(iv).
"Additional Rental" has the meaning set forth in Section 6.B.
"Affiliate" or ""Affiliates" means any Person which directly or indirectly controls, is under
common control with or is controlled by any other Person. For purposes of this definition,
"controls", "under common control with", and "controlled by" means the possession, directly or
indirectly, of the power to direct or cause the direction of the management and policies of such
Person, whether through the ownership of voting securities or otherwise.
"Applicable Regulations" has the meaning set forth in Section 16.A.
"Base Annual Rental" means (i) during the first Lease Year, Fifty-Seven Thousand, Six
Hundred and Twelve Dollars ($57,612.00) per year, and (ii) commencing with the second Lease
Year, and each and for every Lease Year thereafter (including the Lessor Extension Period if
applicable), an amount equal to the lesser of (a) the Base Annual Rental for the immediately
preceding Lease Year multiplied by one hundred two percent (102%) or (b) the Base Annual
Rental for the immediately preceding Lease Year multiplied by the CPI Adjustment, but in no
event shall Base Annual Rental decline as a result of this calculation.
"Base Monthly Rental" means an amount equal to 1/12 of the applicable Base Annual
Rental.
Form 1
927515.11 7/19105
"Business Day" means a day on which Lessor is open for business other than Saturday,
Sunday or a legal holiday, ending at 5:00 p.m. Philadelphia, Pennsylvania time.
"Code" means the United States Bankruptcy Code, 11 U.S.C. Sec. 101 et seq., as
amended.
"Courser' means legal counsel to Lessee, licensed in the state in which (i) the Premises
are located; (ii) Lessee is formed; and (iii) Lessee maintains its principal place of business.
"CPI Adjustment" means a fraction, the numerator of which is CPI-U for the calendar
month two months prior to the calendar month in which the Effective Date occurs and the
denominator of which is the CPI-U for the calendar month which is 14 months prior to the
calendar month in which the Effective Date occurs. (For example, if the Effective Date is June
5, 2004, the first CPI Adjustment calculation would consist of the CPI-U for the month of April
2005 divided by the CPI-U for the month of April 2004.)
"CPI-U" means the "Consumer Price Index--Not Seasonally Adjusted Northeast Urban
Area For All Items For All Urban Consumers (1982-1984=100)," published monthly by the
Bureau of Labor Statistics of the United States Department of Labor. If the foregoing index is
discontinued, a reasonably comparable index published by the Bureau of Labor Statistics of the
United States Department of Labor selected by Lessor shall be used. If the Bureau of Labor
Statistics shall no longer maintain statistics on the purchasing power of the consumer dollar,
comparable statistics published by a responsible financial periodical or recognized authority
reasonably selected by the Lessor shall be used. If the base year "(1982-1984=100)" or other
base year used in computing the CPI-U is changed, the figures used in calculating the CPI
Adjustment shall be changed accordingly, so that all increases in the CPI-U are taken into
account notwithstanding any such change in the base year.
"De Minimis Amounts" shall mean, with respect to any given level of Hazardous
Materials or Regulated Substances, that level or quantity of Hazardous Materials or Regulated
Substances in any form or combination of forms the use, storage or release of which does not
constitute a violation of any Environmental Laws and is customarily employed in the ordinary
course of, or associated with, similar businesses located in the state in which the Premises is
located.
"Default Rate" means 18% per annum or the highest rate permitted by law, whichever is
less.
"Environmental Indemnity Agreement' 'means that certain Environmental Indemnity and
Service Agreement dated the date hereof by and between Lessor and Lessee executed in
connection with this Lease.
"Environmental Laws" means any present and future federal, state and local laws,
statutes, ordinances, rules, regulations and the like, as well as common law, relating to
Hazardous Materials, Regulated Substances or USTs and/or the protection of human health or
the environment, by reason of a Release or Threatened Release of Hazardous Materials,
627515.11 7/19M
-2-
Regulated Substances or USTs or relating to liability for or costs of Remediation or prevention
of Releases. "Environmental Laws" includes, but is not limited to, the following statutes, as
amended, any successor thereto, and any regulations rulings, orders or decrees promulgated
pursuant thereto, and any state or local statutes, ordinances, rules, regulations and the like
addressing similar issues: the Comprehensive Environmental Response, Compensation and
Liability Act; the Emergency Planning and Community Right-to-Know Act; the Hazardous
Materials Transportation Act; the Resource Conservation and Recovery Act (including but not
limited to Subtitle I relating to USTs); the Solid Waste Disposal Act; the Clean Water Act; the
Clean Air Act; the Toxic Substances Control Act; the Safe Drinking Water Act; the Occupational
Safety and Health Act; the Federal Water Pollution Control Act; the Federal Insecticide,
Fungicide and Rodenticide Act; the Endangered Species Act; the National Environmental Policy
Act; and the River and Harbors Appropriation Act. "Environmental Laws" also includes, but is
not limited to, any present and future federal, state and local laws, statutes, ordinances, rules,
regulations and the like, as well as common law: conditioning transfer of property upon a
negative declaration or other approval of a Governmental Authority of the environmental
condition of the property; requiring notification or disclosure of Releases or other environmental
condition of the Premises to any Governmental Authority or other person or entity, whether or
not in connection with transfer of title to or interest in property; imposing conditions or
requirements relating to Hazardous Materials, Regulated Substances or USTs in connection with
permits or other authorization for lawful activity; relating to nuisance, trespass or other causes of
action related to Hazardous Materials, Regulated Substances or USTs; relating to the handling
and disposal of solid or hazardous waste; and relating to wrongful death, personal injury, or
property or other damage in connection with the physical condition or use of the Premises by
reason of the presence of Hazardous Materials, Regulated Substances or USTs in, on, under or
above the Premises.
"Environmental Liens" has the meaning set forth in Section 16.E.
"Event of Default" has the meaning set forth in Section 23.
"General Electric" means (a) the holder of the GE Mortgage, being either (i) GE Capital
Franchise Finance Corporation ("GECFF") or (ii) LaSalle Bank National Association, as
Indenture Trustee pursuant to that certain Indenture dated as of April 1, 1999 ("LaSalle") (for
whom GECFF is servicer), and (b) to the extent that the GE Mortgage is held by LaSalle,
GECFF as servicer of the GE Mortgage.
"GE Mortgage" means that certain Open End Mortgage, Assignment of Leases and
Rents, Security Agreement and Fixture Filing dated as of June 30, 1998 executed by Lessor and
held by General Electric as of the Effective Date.
"Governmental Authority" means any governmental authority, agency, department,
commission, bureau, board, instrumentality, court or quasi-governmental authority of the United
States, the State or any political subdivision thereof.
827545.11 7/1910S
-3-
"Ground Lease" means all ground leases or underlying leases executed by Lessor
affecting the Premises including, without limitation, any ground lease that may be executed in
connection with a sale/leaseback transaction entered into by Lessor with respect to the Premises.
"Ground Lessor" means the lessor under a Ground Lease.
"Hazardous Materials" means (i) any toxic substance or hazardous waste, substance,
solid waste, or related material, or any pollutant or contaminant; (ii) radon gas, asbestos in any
form which is or could become friable, urea formaldehyde foam insulation, transformers or other
equipment which contains dielectric fluid containing levels of polychlorinated biphenyls in
excess of federal, state or local safety guidelines, whichever are more stringent, or any petroleum
product; (iii) any substance, gas, material or chemical which is or may be defined as or included
in the definition of "hazardous substances," "toxic substances," "hazardous materials,"
"hazardous wastes," "regulated substances" or words of similar import under any Environmental
Laws; and (iv) any other chemical, material, gas or substance the exposure to or release of which
is or may be prohibited, limited or regulated by any Governmental Authority that asserts or may
assert jurisdiction over the Premises or the operations or activity at the Premises, or any
chemical, material, gas or substance that does or may pose a hazard to the health and/or safety of
the occupants of the Premises or the owners and/or occupants of property adjacent to or
surrounding the Premises.
"Indemnified Parties" means Lessor, Mortgagee and their directors, officers,
shareholders, partners, members, employees, agents, servants, representatives, contractors,
subcontractors, affiliates, subsidiaries, participants, successors and assigns, including, but not
limited to, any successors by merger, consolidation or acquisition of all or a substantial portion
of the assets and business of Lessor or Mortgagee, as applicable.
"Lease Term" shall have the meaning described in Section 5.
"Lease Year" shall have the meaning described in Section 5.
"Lessor's Broker" means N/A
"Losses" means any and all claims, suits, liabilities (including, without limitation, strict
liabilities), actions, proceedings, obligations, debts, damages, losses, costs, expenses,
diminutions in value, fines, penalties, charges, fees, expenses, judgments, awards, amounts paid
in settlement and damages of whatever kind or nature (including, without limitation, reasonable
attorneys' fees, court costs and other costs of defense).
"Material Adverse Effect" means a material adverse effect on (i) the Premises, including,
without limitation, the operation of the Premises as a Uni-Mart Facility and/or the value of the
Premises or (ii) Lessee's ability to perform its obligations under this Lease.
"Mortgage" means any mortgage or deed of trust and/or assignment of rents and leases,
and/or security agreement and fixture filing executed by Lessor for the benefit of a Mortgagee
827545.11 7119/05
-4-
with respect to the Premises, as such instruments may be amended, restated and/or supplemented
from time to time, and includes, without limitation, the GE Mortgage.
"Mortgagee" means General Electric, its successors and assigns and any other lender
which, at any time, holds a Mortgage. The term Mortgagee shall also be deemed to include
Ground Lessors except where the treatment of Ground Lessors is specifically distinguished from
Mortgagees under the provisions of this Lease.
"Partial Taking" has the meaning set forth in Section 21.D.
"Person" means any individual, corporation, partnership, limited liability company, trust,
unincorporated organization, Governmental Authority or any other form of entity.
"Premises" means that certain property situated in the Location identified on page 1 of
this Lease and legally described in Exhibit A attached hereto, all rights, privileges and
appurtenances associated therewith, and all buildings, fixtures and other improvements
(including, without limitation, gas pumps, canopies and USTs) now or hereafter located on such
real estate (whether or not affixed to such real estate).
"Regulated Substances" means "petroleum" and "petroleum-based substances" or any
similar terms described or defined in any of the Environmental Laws and any applicable federal,
state, county or local laws applicable to or regulating USTs.
"Release" means any presence, release, deposit, discharge, emission, leaking, spilling,
seeping, migrating, injecting, pumping, pouring, emptying, escaping, dumping, disposing or
other movement of Hazardous Materials, Regulated Substances or USTs.
"Remediation" means any response, remedial, removal, or corrective action, any activity
to cleanup, detoxify, decontaminate, contain or otherwise remediate any Hazardous Material,
Regulated Substances or USTs, any actions to prevent, cure or mitigate any Release, any action
to comply with any Environmental Laws or with any permits issued pursuant thereto, any
inspection, investigation, study, monitoring, assessment, audit, sampling and testing, laboratory
or other analysis, or any evaluation relating to any Hazardous Materials, Regulated Substances or
USTs.
"State" means the state in which the Premises are located.
"Taking" has the meaning set forth in Section 21.A.
"Temporary Taking" has the meaning set forth in Section 21.C.
"Third Party Leases" means the leases for certain portions of the Premises set forth on
Exhibit B, attached hereto, and any replacement or renewal leases for the space leased pursuant
to the leases listed on Exhibit B.
$27545.It 7119/05
-5-
"Threatened Release" means a substantial likelihood of a Release which requires action
to prevent or mitigate damage to the soil, surface waters, groundwaters, land, stream sediments,
surface or subsurface strata, ambient air or any other environmental medium comprising or
surrounding the Premises which may result from such Release.
"Total Taking" has the meaning set forth in Section 21.B.
"Uni-Mart Facility" means a retail business consisting of one or more of the following:
convenience store, gasoline station, tobacco store, food service, together with such other
ancillary uses permitted by the Third Party Leases that are not inconsistent with the operations of
such retail businesses.
"USTs" means any one or combination of tanks and associated underground piping
systems used in connection with the storage, dispensing and general use of Regulated Substances
at the Premises.
2. Demise of Premises In consideration of the rentals and other sums to be paid by
Lessee and of the other terms, covenants and conditions on Lessee's part to be kept and
performed, Lessor hereby leases to Lessee, and Lessee hereby takes and hires, the Premises.
3. Assignment of Third Party Leases. Lessor hereby assigns, transfers and sets over
to Lessee for the Term all right, title and interest of Lessor in and to the Third Party Leases, and
Lessee assumes and agrees to perform all obligations of Lessor under such Third Party Leases
arising and accruing after the Effective Date and for the balance of the Term.
4. Characterization of Lease.
A. Lessor and Lessee intend that:
(i) this Lease is a "true lease" and not a financing lease, capital lease,
mortgage, equitable mortgage, deed of trust, trust agreement, security agreement
or other financing or trust arrangement, and the economic realities of this Lease
are those of a true lease; and
(ii) the business relationship created by this Lease and any related
documents is solely that of a long-term commercial lease between landlord and
tenant and has been entered into by both parties in reliance upon the economic
and legal bargains contained herein.
B. Lessor and Lessee acknowledge and agree that the Lease Term, including
any term extensions provided for in this Lease, is less than the remaining economic life of the
Premises.
C. Lessee waives any claim or defense based upon the characterization of this
Lease as anything other than a true lease. Lessee covenants and agrees that it will not assert that
this Lease is anything but a true lease. Lessee stipulates and agrees not to challenge the validity,
enforceability or characterization of the lease of the Premises as a true lease and further
923545.11 7119/05
-6-
stipulates and agrees that nothing contained in this Lease creates or is intended to create a joint
venture, partnership (either de jure or de facto), equitable mortgage, trust, financing device or
arrangement, security interest or the like. Lessee shall support the intent of the parties that the
lease of the Premises pursuant to this Lease is a true lease and does not create a joint venture,
partnership (either de jure or de facto), equitable mortgage, trust, financing device or
arrangement, security interest or the like, if, and to the extent that, any challenge occurs.
D. Lessee waives any claim or defense based upon the characterization of this
Lease as anything other than a lease of the Premises.
E. Lessee represents and warrants to Lessor that (i) the Base Annual Rental is
the fair market value for the use of the Premises and was agreed to by Lessor and Lessee on that
basis, and (ii) the execution, delivery and performance by Lessee of this Lease does not
constitute a transfer of all or any part of the Premises.
F. The expressions of intent, the waivers, the representations and warranties,
the covenants, the agreements and the stipulations set forth in this Section are a material
inducement to Lessor entering into this Lease.
5. Lease Term and Lease Year.
A. The Lease Term for the Premises commences as of the Effective Date and
shall expire on (a) the day immediately preceding the twentieth (20'') anniversary of the
Effective Date, if the Effective Date is the first day of a month or (b) the last day of the calendar
month in which falls the 20°i anniversary of the Effective Date, if the Effective Date is a day
other than the first day of a month, unless terminated sooner as provided in this Lease. The time
period during which this Lease shall actually be in effect is referred to herein .as the "Term" or
"Lease Term." Lessor shall have the option (the "Lessor Extension Option"), on one occasion,
any time during the first five (5) Lease Years, to extend the Lease Term by any period desired by
Lessor up to but not exceeding five (5) years (the "Lessor Extension Period"). In the event that
Lessor desires to exercise the Lessor Extension Option, Lessor shall give Lessee written notice
thereof prior to the expiration of the fifth (5 h) Lease Year, specifying the length of the Lessor
Extension Period.
B. The First "Lease Year" of the Term shall commence on the Effective Date
and shall end (a) on the day immediately preceding the first anniversary of the Effective Date, if
the Effective Date is the first day of the month, or (b) on the last day of the calendar month in
which the first anniversary of the Effective Date occurs, if the Effective Date is any day other
than the first day of a calendar month. Each subsequent Lease Year shall be a period of twelve
months (or such shorter period as remains in the term), commencing on the day immediately
following the expiration of the prior Lease Year.
6. Rental and Other Payments.
A. If the Effective Date is a date other than the first day of the month, Lessee
shall pay Lessor on the Effective Date the Base Monthly Rental prorated on the basis of the ratio
that the number of days from the Effective Date through the last day of the month containing the
Effective Date bears to the number of days in such month. Therefore, on or before the first day of
$23545.11 7119/05
?7?
each calendar month during the Lease Term, Lessee shall pay Lessor in advance the Base
Monthly Rental.
B. All sums of money required to be paid by Lessee under this Lease which
are not specifically referred to as rent ("Additional Rental") shall be considered rent although not
specifically designated as such. Lessor shall have the same remedies for nonpayment of
Additional Rental as those provided herein for the nonpayment of Base Annual Rental.
7. Representations and Warranties of Lessor. The representations and warranties of
Lessor contained in this Section are being made to induce Lessee to enter into this Lease and
Lessee has relied and will continue to rely upon such representations and warranties. Lessor
represents and warrants to Lessee as follows:
A. Organization, Authority and Status of Lessor.
(i) Lessor has been duly organized and is validly existing and in good
standing under the laws of the State of Pennsylvania. All necessary corporate
action has been taken to authorize the execution, delivery and performance by
Lessor of this Lease and the other documents, instruments and agreements
provided for herein.
(ii) The person who has executed this Lease on behalf of Lessor is
duly authorized so to do.
B. Enforceability. This Lease constitutes the legal, valid and binding
obligation of Lessor, enforceable against Lessor in accordance with its terms.
C. Litigation. There are no suits, actions, proceedings or investigations
pending, or to the best of its knowledge, threatened against or involving Lessor before any
arbitrator or Governmental Authority which might reasonably result in any material adverse
change in the contemplated business, condition, worth or operations of Lessor, or the Premises.
D. Absence of Breaches or Defaults. The authorization, execution, delivery
and performance of this Lease and the documents, instruments and agreements provided for
herein will not result in any breach of or default under any other document, instrument or
agreement to which Lessor is a party or by which Lessor or any of the property of Lessor is
subject or bound. Without limitation, Lessor has obtained all necessary consents from General
Electric to enter into and perform this Lease.
8. Representations and Warranties of Lessee. The representations and warranties of
Lessee contained in this Section are being made to induce Lessor to enter into this Lease and
Lessor has relied, and will continue to rely, upon such representations and warranties. Lessee
represents and warrants to Lessor as follows:
A. Organization, Authority and Status of Lessee.
(i) Lessee has been duly organized or formed, is validly existing and
in good standing under the laws of the State of Pennsylvania and is
823545.11 7/19/05 p
-O-
qualified to do business in the State. All necessary corporate action has been taken
to authorize the execution, delivery and performance by Lessee of this Lease and
of the other documents, instruments and agreements provided for herein. Lessee is
not a "foreign corporation", "foreign partnership", "foreign trust" or "foreign
estate", as those terms are defined in the Internal Revenue Code and the
regulations promulgated thereunder. Lessee's United States tax identification
number is correctly set forth on the signature page of this Lease.
(ii) Lessee's Tax Identification Number is 71-0965149
(iii) The persons who have executed this Lease on behalf of Lessee are
duly authorized to do so.
B. Enforceability. This Lease constitutes the legal, valid and binding
obligation of Lessee, enforceable against Lessee in accordance with its terms.
C. Litigation. There are no suits, actions, proceedings or investigations
pending, or to the best of its knowledge, threatened against or involving Lessee before any
arbitrator or Governmental Authority which might reasonably result in any material adverse
change in the contemplated business, condition, worth or operations of Lessee, or the Premises.
D. Absence of Breaches or Defaults. The authorization, execution, delivery
and performance of this Lease and the documents, instruments and agreements provided for
herein will not result in any breach of or default under any other document, instrument or
agreement to which Lessee is a party or by which Lessee or any of the property of Lessee is
subject or bound.
E. Licenses and Permits. Lessee has obtained all required licenses and
permits, both governmental and private, to use and operate the Premises as a Uni-Mart Facility,
except to the extent the failure to have such licenses and permits will not have a Material
Adverse Effect.
F. Financial Condition; Information Provided to Lessor. The financial
statements, all financial data and all other documents and information heretofore delivered to
Lessor by or with respect to Lessee and/or the Premises in connection with this Lease and/or
relating to Lessee and/or the Premises are true, correct and complete in all material respects, and
there have been no amendments to such financial statements, financial data and other documents
and information since the date such financial statements, financial data, documents and other
information were prepared or delivered to Lessor, and no material adverse change has occurred
to any such financial statements, financial data, documents and other information not disclosed
in writing to Lessor.
9. Rentals To Be Net to Lessor. The Base Annual Rental payable hereunder shall be
net to Lessor, so that this Lease shall yield to Lessor the rentals specified during the Lease Term
and that all costs, expenses and obligations of every kind and nature whatsoever relating to the
Premises shall be performed and paid by Lessee.
$27545.11 7119105
-9-
10. Taxes and Assessments. Lessee shall pay, prior to the earlier of delinquency or
the accrual of interest on the unpaid balance, all taxes and assessments of every type or nature
assessed against or imposed upon the Premises during the Lease Term which affect in any
manner the net return realized by Lessor under this Lease, including, without limitation, the
following:
A. All taxes and assessments upon the Premises or any part thereof and upon
any personal property, trade fixtures and improvements located on the Premises, whether
belonging to Lessor or Lessee, or any tax or charge levied in lieu of such taxes and assessments;
B. All taxes, charges, license fees and or similar fees imposed by reason of
the use of the Premises by Lessee; and
C. All excise, transaction, privilege, license, sales, use and other taxes upon
the rental or other payments hereunder, the leasehold estate of either party or the activities of
either party pursuant to this Lease.
D. All taxing authorities shall be instructed to send all tax and assessment
invoices to Lessor. After recording the information on such invoices, Lessor shall forward such
invoices to Lessee for payment. Within 30 days after each tax and assessment payment is
required by this Section to be paid, Lessee shall provide Lessor with evidence satisfactory to
Lessor that such payment was made in a timely fashion. Lessee may, at its own expense, contest
or cause to be contested (in the case of any item involving more than $10,000.00, after prior
written notice to Lessor), by appropriate legal proceedings conducted in good faith and with due
diligence, the amount or validity or application, in whole or in part, of any item specified in the
foregoing Subsection A or lien therefor, provided that (i) such proceeding shall suspend the
collection thereof from the Premises or any interest therein, (ii) neither the Premises nor any
interest therein would be in any danger of being sold, forfeited or lost by reason of such
proceedings, (iii) no Event of Default has occurred, (iv) Lessee shall have deposited with Lessor
adequate reserves for the payment of the taxes, together with all interest and penalties thereon,
unless paid in full under protest and (v) Lessee shall have furnished the security as may be
required in the proceeding or as may be required by Lessor to insure payment of any contested
taxes.
It. Utilities. Lessee shall contract, in its own name, for and pay when due all charges
for the connection and use of water, gas, electricity, telephone, garbage collection, sewer use and
other utility services supplied to the Premises during the Lease Term. Under no circumstances
shall Lessor be responsible for any interruption of any utility service.
12. Insurance. Throughout the Lease Term, Lessee shall maintain with respect to the
Premises, at its sole expense, the following types and amounts of insurance (which may be
included under a blanket insurance policy if all the other terms hereof are satisfied), in addition
to such other insurance as Lessor may reasonably require from time to time:
A. Insurance against loss, damage or destruction by fire and other casualty,
including theft, vandalism and malicious mischief, flood (if the Premises is in a location
designated by the Federal Emergency Management Administration as a Special Flood Hazard
827545.11 7/19ro5 -10-
Area), earthquake (if the Premises is located in an area subject to destructive earthquakes within
recorded history), boiler explosion (if the Premises contains a boiler), plate glass breakage,
sprinkler damage (if the Premises has a sprinkler system), all matters covered by a standard
extended coverage endorsement, all matters covered by a special coverage endorsement
commonly known as an "all risk" endorsement, and such other risks as Lessor may reasonably
require, insuring the Premises for not less than 100% of its full insurable replacement cost;
provided, however, with respect to theft, vandalism, malicious mischief and plate glass breakage
coverage, Lessee may elect to self insure such items, provided that Lessee shall at all times
provide the remaining coverages set forth in this Section 12 with third party insurers complying
with the provisions of this Section 12.
B. Comprehensive general liability and property damage insurance, including
a products liability clause, covering Lessor, Mortgagee and Lessee against bodily injury liability,
property damage liability and automobile bodily injury and property damage liability, including
without limitation any liability arising out of the ownership, maintenance, repair, condition or
operation of the Premises or adjoining ways, streets or sidewalks and, if applicable, insurance
covering Lessor, Mortgagee and Lessee against liability arising from the sale of liquor, beer or
wine on the Premises. Such insurance policy or policies shall contain a broad form contractual
liability endorsement under which the insurer agrees to insure Lessee's obligations under Section
19 hereof to the extent insurable, and a "severability of interest' 'clause or endorsement which
precludes the insurer from denying the claim of Lessee, Lessor or Mortgagee because of the
negligence or other acts of the other, shall be in amounts of not less than $1,000,000.00 per
injury and occurrence with respect to any insured liability, whether for personal injury or
property damage, or such higher limits as Lessor may reasonably require from time to time, and
shall be of form and substance satisfactory to Lessor.
C. During the period of any construction, renovation or alteration of the
improvements, a builder's all risk insurance policy in non-reporting form for the full replacement
cost of any improvements under construction, renovation or alteration.
D. State Worker's compensation insurance in the statutorily mandated limits,
employer's liability insurance with limits not less than $500,000 or such greater amount as
Lessor may from time to time require and such other insurance as may be necessary to comply
with applicable laws.
E. Such other insurance with respect to the Premises and in such amounts as
Lessor may require from time to time against such insurable hazards or risks which at the time in
question are commonly insured against in the case of property similar to, or whose use is similar
to the use of, the Premises.
All insurance policies shall:
(i) Be in form reasonably acceptable to Lessor;
(ii) Be issued by a company or companies authorized to engage in the
business of issuing such policies in the State and reasonably acceptable to Lessor;
e23H5.11 7II9MS -11-
(iii) Provide for a waiver of subrogation by the insurer as to claims
against Lessor, its employees and agents and provide that such insurance cannot be
unreasonably cancelled, invalidated or suspended on account of the conduct of Lessee, its
officers, directors, employees or agents;
(iv) Provide that any "no other insurance" clause in the insurance
policy shall exclude any policies of insurance maintained by Lessor and that the
insurance policy shall not be brought into contribution with insurance maintained by
Lessor;
(v) Contain a standard without contribution mortgage clause
endorsement in favor of any lender designated by Lessor or Mortgagee;
(vi) Provide that the policy of insurance shall not be terminated,
cancelled or substantially modified without at least thirty (30) days' prior written notice to
Lessor, Mortgagee and to any lender covered by any standard mortgage clause
endorsement;
(vii) Provide that the insurer shall not have the option to restore the
applicable Premises if Lessor elects to terminate this Lease in accordance with the terms
hereof;
(viii) Be issued by insurance companies licensed to do business in the
State and which are rated A:VI or better by Best's Insurance Guide or are otherwise
approved by Lessor; and
(ix) Provide that the insurer shall not deny a claim because of the
negligence of Lessee, anyone acting for Lessee or any tenant or other occupant of the
Premises.
It is expressly understood and agreed that the foregoing minimum limits of
insurance coverage shall not limit the liability of Lessee for its acts or omissions as provided in
this Lease. All insurance policies (with the exception of worker's compensation insurance to the
extent not available under statutory law) shall designate Lessor and Mortgagee as additional
insureds as their interests may appear and shall be payable as set forth in Section 21 hereof. All
such policies shall be written as primary policies, with deductibles not to exceed 10% of the
amount of coverage. Any other policies, including any policy now or hereafter carried by Lessor
or Mortgagee, shall serve as excess coverage. Lessee shall procure policies for all insurance for
periods of not less than one year and shall provide to Lessor and Mortgagee certificates of
insurance or, upon Lessor's request, duplicate originals of insurance policies evidencing that
insurance satisfying the requirements of this Lease is in effect at all times. If requested by
Lessor (but not more often than once in any two year period), Lessee shall have the full insurable
replacement cost of the improvements determined by an MAI licensed appraiser satisfactory to
Lessor, and Lessee shall deliver such determination to Lessor. Alternatively, Lessor may require
that inflation guard coverage be provided.
823545.11 7/19/05 -12-
13. Tax and Insurance Impound. Upon the occurrence of an Event of Default,
Lessor may require Lessee to pay to Lessor sums which will provide an impound account (which
shall not be deemed a trust fund) for paying up to the next one year of taxes, assessments and/or
insurance premiums for the Premises. Upon such requirement, Lessor will estimate the amounts
needed for such purposes and will notify Lessee to pay the same to Lessor in equal monthly
installments, as nearly as practicable, in addition to all other sums due under this Lease. Should
additional funds be required at any time, Lessee shall pay the same to Lessor on demand. Lessee
shall advise Lessor of all taxes and insurance bills which are due and shall cooperate fully with
Lessor in assuring that the same are paid. Lessor may deposit all impounded funds in accounts
insured by any federal or state agency and may commingle such funds with other funds and
accounts of Lessor. Interest or other gains from such funds, if any, shall be the sole property of
Lessor. In the event of any default by Lessee, Lessor may apply all impounded funds against any
sums due from Lessee to Lessor. Lessor shall give to Lessee an annual accounting showing all
credits and debits to and from such impounded funds received from Lessee.
14. Payment of Rental and Other Sums. All rental and other sums which Lessee is
required to pay hereunder shall be the unconditional obligation of Lessee and shall be payable in
full when due without any setoff, abatement, deferment, deduction or counterclaim whatsoever.
Upon execution of this Lease, Lessee shall establish arrangements whereby payments of the Base
Monthly Rental, any Additional Rental and impound payments, if any, are transferred by wire or
other means directly from Lessee's bank account to such account as Lessor may designate;
provided, however, upon notice from Mortgagee to Lessee and Lessor delivered in the manner
set forth in Section 27, Lessee shall deliver all payments of Base Monthly Rental as specified in
such notice from Mortgagee. Any delinquent payment (that is, any payment not made within five
calendar days after the date when due) shall, in addition to any other remedy of Lessor, incur a
late charge of 10% (which late charge is intended to compensate Lessor for the cost of handling
and processing such delinquent payment and should not be considered interest) and bear interest
at the Default Rate, such interest to be computed from and including the date such payment was
due through and including the date of the payment; provided, however, in no event shall Lessee
be obligated to pay a sum of late charge and interest higher than the maximum legal rate then in
effect.
15. Use. The Premises shall be used solely for the operation of a Uni-Mart Facility
and for no other purpose. Except as set forth below, and except during periods when the
Premises is untenantable by reason of fire or other casualty or condemnation (provided, however,
during all such periods while the Premises is untenantable, Lessee shall strictly comply with the
terms and conditions of this Lease), Lessee shall at all times during the Lease Term occupy the
Premises and shall diligently operate its business on the Premises. Lessee may cease diligent
operation of business at the Premises for a period not to exceed 150 days and may do so only
once within any five-year period during the Lease Term. If Lessee does discontinue operation at
the Premises as permitted by this Section, Lessee shall (i) give written notice to Lessor and
Mortgagee sixty (60) days prior to ceasing operation (ii) give written notice to Lessor and
Mortgagee within 10 days after Lessee actually ceases operation, (iii) provide adequate
protection and maintenance of the Premises during any period of vacancy and (iv) pay all costs
necessary to restore the Premises to its condition on the day operation of the business ceased at
such time as the Premises are reopened for Lessee's business operations or other substituted use
approved by Lessor as contemplated below. Notwithstanding anything herein to the contrary,
923545.11 7/19/03 -13-
Lessee shall pay the Base Monthly Rental on the first day of each month during any period in
which Lessee discontinues operation.
Lessee shall not, by itself or through any assignment, sublease or other type of transfer,
convert the Premises to an alternative use during the Lease Term without Lessor's consent, which
consent shall not be unreasonably withheld. Lessor may consider any or all of the following in
determining whether to grant its consent, without being deemed to be unreasonable: (i) whether
the rental paid to Lessor would be equal to or greater than the anticipated rental assuming
continued existing use, (ii) whether the proposed rental to be paid to Lessor is reasonable
considering the converted use of the Premises and the customary rental prevailing in the
community for such use, (iii) whether the converted use will be consistent with the highest and
best use of the Premises, and (iv) whether the converted use will increase Lessor's risks or
decrease the value of the Premises.
16. Compliance With Laws, Restrictions, Covenants and Encumbrances.
A. Lessee's use and occupation of the Premises, and the condition thereof,
shall, at Lessee's sole cost and expense, comply fully with (i) all applicable statutes, regulations,
rules, ordinances, codes, licenses, permits, orders and approvals of each Governmental Authority
having jurisdiction over the Premises, including, without limitation, all health, building, fire,
safety and other codes, ordinances and requirements and all applicable standards of the National
Board of Fire Underwriters and all policies or rules of common law, in each case, as amended,
and any judicial or administrative interpretation thereof, including any judicial order, consent,
decree or judgment applicable to Lessee (collectively, the "Applicable Regulations"), and (ii) all
restrictions, covenants and encumbrances of record with respect to the Premises, except where
such noncompliance will not have a Material Adverse Effect.
B. Lessee will not permit any act or condition to exist on or about the
Premises which will increase any insurance rate thereon, except when such acts are required in
the normal course of its business and Lessee shall pay for such increase.
C. Without limiting the generality of the other provisions of this Section,
Lessee agrees that it shall be responsible for complying in all respects with the Americans with
Disabilities Act of 1990, as such act may be amended from time to time, and all regulations
promulgated thereunder, as it affects the Premises. Lessee agrees that it will defend, indemnify
and hold harmless the Indemnified Parties from and against any and all Losses caused by,
incurred or resulting from Lessee's failure to comply with its obligations under this Section.
D. Lessee represents and warrants to Lessor as follows:
(i) The Lessee is not in violation of or subject to any existing, pending
or threatened investigation or inquiry by any Governmental Authority or to any
remedial obligations under any Environmental Laws. If any such investigation or
inquiry is subsequently initiated respecting Lessee or the Premises, Lessee will
promptly notify Lessor.
$27545.11 7/OW
-14-
(ii) Lessee has not obtained and is not required to obtain any permits,
licenses or similar authorizations to construct, occupy, operate or use any
buildings, improvements, fixtures forming a part of the Premises by reason of any
Environmental Laws.
E. Lessee covenants to Lessor during the Lease Term that: (i) all uses and
operations on or of the Premises, whether by Lessee or any other person or entity, shall be in
compliance with all Environmental Laws and permits issued pursuant thereto; (ii) there shall be
no Releases in, on, under or from the Premises, except in De Minimis Amounts; (iii) there shall
be no Hazardous Materials in, on, or under the Premises, except in De Minimis Amounts; (iv)
Lessee shall keep the Premises free and clear of all liens and other encumbrances imposed
pursuant to any Environmental Law, whether due to any act or omission of Lessee or any other
person or entity (the "Environmental Liens"); (v) Lessee shall, at its sole cost and expense, fully
and expeditiously cooperate in all activities pursuant to Subsection (1) below, including but not
limited to providing all relevant information and making knowledgeable persons available for
interviews; (vi) Lessee shall, at its sole cost and expense, perform any environmental site
assessment or other investigation of environmental conditions in connection with the Premises as
may be reasonably requested by Lessor (including but not limited to sampling, testing and
analysis of soil, water, air, building materials and other materials and substances whether solid,
liquid or gas), and share with Lessor the reports and other results thereof, and Lessor and the
other Indemnified Parties shall be entitled to rely on such reports and other results thereof; (vii)
subject to the provisions of the Environmental Indemnity Agreement, Lessee shall, at its sole
cost and expense, comply with all reasonable written requests of Lessor to (1) reasonably
effectuate Remediation of any condition (including but not limited to a Release) in, on, under or
from the Premises; (2) comply with any Environmental Law; (3) comply with any directive from
any Governmental Authority; and (4) take any other reasonable action necessary or appropriate
for protection of human health or the environment; (viii) Lessee shall not do or allow any tenant
or other user of the Premises to do any act that materially increases the dangers to human health
or the environment, poses an unreasonable risk of harm to any person or entity (whether on or off
the Premises), impairs or may impair the value of the Premises, is contrary to any requirement of
any insurer, constitutes a public or private nuisance, constitutes waste, or violates any covenant,
condition, agreement or easement applicable to the Premises; and (ix) Lessee shall immediately
notify Lessor in writing of (A) any presence of Releases or Threatened Releases in, on, under,
from or migrating towards the Premises; (B) any non-compliance with any Environmental Laws
related in any way to the Premises; (C) any actual or potential Environmental Lien; (D) any
required or proposed Remediation of environmental conditions relating to the Premises; and (E)
any written or oral notice or other communication which Lessee becomes aware from any source
whatsoever (including but not limited to a Governmental Authority) relating in any way to
Hazardous Materials, Regulated Substances or USTs or Remediation thereof, possible liability of
any person or entity pursuant to any Environmental Law, other environmental conditions in
connection with the Premises, or any actual or potential administrative or judicial proceedings in
connection with anything referred to in this Section.
F. Lessor, Mortgagee and any other person or entity designated by Lessor,
including but not limited to any receiver, any representative of a Governmental Authority, and
any environmental consultant, shall have the right, but not the obligation, to enter upon the
Premises after at least 24 hours prior telephonic notice at all reasonable times (including, without
821545.11 7/19A5 _15-
limitation, in connection with the exercise of any remedies or rights set forth in this Lease or a
Mortgage to assess any and all aspects of the environmental condition of the Premises and its
use, including but not limited to conducting any environmental assessment or audit (the scope of
which shall be determined in Lessor's sole and absolute discretion) and taking samples of soil,
groundwater or other water, air, or building materials, and conducting other invasive testing.
Lessee shall cooperate with and provide access to Lessor, Mortgagee and any other person or
entity designated by Lessor; provided, however, the foregoing shall take reasonable steps so as to
not unreasonably interfere with Lessee's business operations. Any such assessment or
investigation shall be at Lessee's sole cost and expense.
G. Except as otherwise provided in the Environmental Indemnity Agreement,
Lessee shall, at its sole cost and expense, protect, defend, indemnify, release and hold harmless
the Indemnified Parties from and against any and all Losses (excluding Losses arising out of
Lessor's gross negligence or willful misconduct) and costs of Remediation (whether or not
performed voluntarily), engineers' fees, environmental consultants' fees, and costs of
investigation (including but not limited to sampling, testing, and analysis of soil, water, air,
building materials and other materials and substances whether solid, liquid or gas) imposed upon
or incurred by or asserted against any Indemnified Parties, and directly or indirectly arising out
of or in any way relating to any one or more of the following: (i) any presence of any Hazardous
Materials, Regulated Substances or USTs in, on, above, or under the Premises arising or
occurring on or after the Effective Date; (ii) any Release or Threatened Release in, on, above,
under or from the Premises arising or occurring on or after the Effective Date; (iii) any activity
by Lessee, any person or entity affiliated with Lessee or any tenant or other user of the Premises
in connection with any actual, proposed or threatened use, treatment, storage, holding, existence,
disposition or other Release, generation, production, manufacturing, processing, refining,
control, management, abatement, removal, handling, transfer or transportation to or from the
Premises of any Hazardous Materials, Regulated Substances or USTs at any time located in,
under, on or above the Premises; (iv) any activity by Lessee, any person or entity affiliated with
Lessee or any tenant or other user of the Premises in connection with any actual or proposed
Remediation of any Hazardous Materials, Regulated Substances or USTs at any time located in,
under, on or above the Premises, whether or not such Remediation is voluntary or pursuant to
court or administrative order, including but not limited to any removal, remedial or corrective
action; (v) any actual or threatened non-compliance or violations of any Environmental Laws (or
permits issued pursuant to any Environmental Law) in connection with the Premises or
operations thereon arising or occurring on or after the Effective Date, including but not limited to
any failure by Lessee, any person or entity affiliated with Lessee or any tenant or other user of
the Premises to comply with any order of any Governmental Authority in connection with any
Environmental Laws on or after the Effective Date; (vi) the imposition, recording or filing or the
threatened imposition, recording or filing of any Environmental Lien encumbering the Premises
as the result of any Release or Threatened Release in, on, above, under or from the Premises
arising or occurring on or after the Effective Date; (vii) any administrative processes or
proceedings or judicial proceedings in any way connected with any matter addressed in this
Section; (viii) any actual or threatened injury to, destruction of or loss of natural resources in any
way connected with the Premises, including but not limited to costs to investigate and assess
such injury, destruction or loss as a result of any Release or Threatened Release in, on, above,
under or from the Premises arising or occurring on or after the Effective Date; (ix) any acts of
Lessee or any other tenant, subtenant or users of the Premises in arranging for disposal or
627545.11 7119/05 -16-
treatment, or arranging with a transporter for transport for disposal or treatment, of Hazardous
Materials, Regulated Substances or USTs owned or possessed by such Lessee or such tenant,
subtenant or users, at any facility or incineration vessel owned or operated by another person or
entity and containing such or similar Hazardous Materials, Regulated Substances or USTs; (x)
any acts of Lessee or any other tenant, subtenant or users of the Premises, in accepting any
Hazardous Materials, Regulated Substances or USTs for transport to disposal or treatment
facilities, incineration vessels or sites selected by Lessee or such tenant, subtenant or users, from
which there is a Release, or a Threatened Release of any Hazardous Material or Regulated
Substances which causes the incurrence of costs for Remediation; (xi) any personal injury,
wrongful death, or property damage relating to environmental matters arising under any statutory
or common law or tort law theory, including but not limited to damages assessed for the
maintenance of a private or public nuisance or for the conducting of an abnormally dangerous
activity on or near the Premises, as a result of any Release or Threatened Release in, on, above,
under or from the Premises arising or occurring on or after the Effective Date; and (xii) any
misrepresentation or inaccuracy in any representation or warranty or material breach or failure to
perform any covenants or other obligations pursuant to this Section.
H. In addition to the other requirements of this Section, Lessee shall, at all
times throughout the Lease Term, comply with all Applicable Regulations.
1. In the event of a conflict between the provisions of the Environmental
Indemnity Agreement and this Lease, the Environmental Indemnity Agreement shall prevail.
J. The obligations and rights and remedies of Lessor and Lessee set forth in
this Section shall survive the termination, expiration and/or release of this Lease.
17. Condition of Premises; Maintenance. Lessee has inspected, or had the
opportunity to inspect, the Premises and hereby accepts the Premises "AS IS" and "WHERE IS"
with no representation or warranty of Lessor as to the condition thereof. The Premises shall be
kept in good, clean, sanitary and working condition; and Lessee shall at all times at its own
expense, maintain, repair and replace, as necessary, the Premises, whether or not the Premises
were in such condition on the Effective Date.
18. Waste; Alterations and Improvements. Lessee shall not commit actual or
constructive waste upon the Premises. During the Lease Term, Lessee shall not alter the exterior,
structural, plumbing or electrical elements of the Premises in any manner without the consent of
Lessor, which consent shall not be unreasonably withheld or conditioned; provided, however,
Lessee may undertake nonstructural alterations to the Premises costing less than $25,000.00
without Lessor's consent. If Lessor's consent is required hereunder and Lessor consents to the
making of any such alterations, the same shall be made by Lessee at Lessee's sole expense by a
licensed contractor and according to plans and specifications approved by Lessor and subject to
such other conditions as Lessor shall require. Any work at any time commenced by Lessee on
the Premises shall be prosecuted diligently to completion, shall be of good workmanship and
materials and shall comply fully with all the terms of this Lease. Upon completion of any
alterations, Lessee shall promptly provide Lessor with (i) evidence of full payment to all laborers
and materialmen contributing to the alterations, (ii) an architect's certificate certifying the
alterations to have been completed in conformity with the plans and specifications, (iii) a
623 545.11 7119ro5 -17-
certificate of occupancy (if the alterations are of such a nature as would require the issuance of a
certificate of occupancy), and (iv) any other documents or information reasonably requested by
Lessor. Lessee shall execute and file or record, as appropriate, a "Notice of Non-Responsibility,"
or any equivalent notice permitted under applicable law in the State. Any addition to or alteration
of the Premises shall be deemed a part of such property and belong to Lessor, and Lessee shall
execute and deliver to Lessor such instruments as Lessor may require to evidence the ownership
by Lessor of such addition or alteration.
19. Indemnification. Lessee shall indemnify, protect, defend and hold harmless each
of the Indemnified Parties from and against any and all Losses (excluding Losses suffered by an
Indemnified Party arising out of such Indemnified Party's gross negligence or willful
misconduct) caused by, incurred or resulting from Lessee's operations of or relating in any
manner to the Premises, or from any breach of, default under or failure to perform any term or
provision of this agreement by Lessee, its officers, employees, agents or other persons. It is
expressly understood and agreed that Lessee's obligations under this Section shall survive the
expiration or earlier termination of this Lease for any reason.
20. Quiet Enjoyment. So long as Lessee shall pay the rental and other sums herein
provided and shall keep and perform all of the terms, covenants and conditions on its part herein
contained, Lessee shall have the right to the peaceful and quiet occupancy of the Premises,
subject to the terms of this Lease. Lessor makes no warranty respecting action by any other
party.
21. Condemnation or Destruction.
A. In case of a taking of all or any part of the Premises or the commencement
of any proceedings or negotiations which might result in a taking for any public or quasi-public
purpose by any lawful power or authority by exercise of the right of condemnation or eminent
domain or by agreement between Lessor, Lessee and those authorized to exercise such right
("Taking"), Lessee will promptly give written notice thereof to Lessor, generally describing the
nature and extent of such Taking and including copies of any documents or notices received in
connection therewith.
B. In case of a Taking of the whole of the Premises, other than for temporary
use ("Total Taking"), the obligations of Lessee with respect to the Premises shall terminate as of
the date of the Total Taking. Lessee's obligations to Lessor which accrue prior to the date of
such Total Taking shall survive the termination of this Lease with respect to the Premises. A
Total Taking shall include a taking of substantially all of the Premises if, in the Lessor's
reasonable judgment, the remainder of the Premises is not usable and cannot be made usable for
the purposes provided herein. Lessor shall be entitled to receive the entire award or payment in
connection with any taking of the Premises without deduction for any estate vested in Lessee by
this Lease. Lessee hereby expressly assigns to Lessor all of its right, title and interest in and to
every such award or payment and agrees that Lessee shall not be entitled to any award or
Payment for the value of Lessee's leasehold interest in this Lease. Lessee shall be entitled to
claim and receive any award or payment from the condemning authority expressly granted for
the interruption of its business and moving expenses, but only if such claim or award does not
827515.11 7/19/05
-18-
adversely affect or interfere with the prosecution of Lessor's claim for the Taking. Lessee shall
promptly send Lessor copies of all correspondence and pleadings relating to any such claim.
C. In case of a temporary use of all or any part of the Premises by a Taking
("Temporary Taking"), this Lease shall remain in full force and effect without any reduction of
Base Annual Rental, Additional Rental or any other sum payable hereunder. Except as provided
below, Lessee shall be entitled to the entire award for a Temporary Taking, whether paid by
damages, rent or otherwise, unless the period of occupation and use by the condemning
authorities shall extend beyond the date of expiration of this Lease, in which case the award
made for such Taking shall be apportioned between Lessor and Lessee as of the date of such
expiration. At the termination of any such Temporary Taking, Lessee will, at its own cost and
expense and pursuant to the terms of Section 18 above, promptly commence and complete the
restoration of the Premises; provided, however, Lessee shall not be required to restore the
Premises if the Lease Term shall expire prior to, or within one year after, the date of termination
of the Temporary Taking, and in such event Lessor shall be entitled to recover all damages and
awards arising out of the failure of the condemning authority to repair and restore the Premises at
the expiration of such Temporary Taking.
D. In the event of a Taking of less than all of the Premises which is not a
Total Taking and which is for other than a temporary use ("Partial Taking"), then this Lease shall
continue in full force and effect on the following terms: (i) the Premises shall be reduced to
exclude the portion which is the subject of the Partial Taking, (ii) all Base Annual Rental,
Additional Rental and other sums and obligations due under this Lease shall continue unabated,
and (ii) Lessee shall promptly commence and diligently prosecute restoration of the Premises to
the same condition, as nearly as practicable, as prior to such partial condemnation. Lessor shall
promptly make available in installments as restoration progresses an amount up to but not
exceeding the amount of any award or compensation received by Lessor, upon request of Lessee
accompanied by evidence reasonably satisfactory to Lessor that such amount has been paid or is
due and payable and is properly a part of such costs and that Lessee has complied with the terms
of Section 18 above in connection with the restoration. Lessor shall be entitled to keep any
portion of such award, compensation or damages which may be in excess of the cost of
restoration, and Lessee shall bear all additional costs, fees and expenses of such restoration in
excess of the amount of any such award, compensation or damages.
E. Notwithstanding the foregoing, if at the time of any Taking or at any time
thereafter Lessee shall be in default under this Lease and such default shall be continuing, Lessor
is hereby authorized and empowered but shall not be obligated, in the name and on behalf of
Lessee and otherwise, to file and prosecute Lessee's claim, if any, for an award on account of any
Taking and to collect such award and apply the same, after deducting all costs, fees and expenses
incident to the collection thereof, to the curing of such default and any other then existing default
under this Lease.
F. In the event of damage or destruction to all or any part of the Premises, all
awards, compensation or damages shall be paid to Lessor, and (i) all Base Annual Rental,
Additional Rental and other sums and obligations due under this Lease shall continue unabated,
and (ii) Lessee shall promptly commence and diligently prosecute restoration of the Premises to
the same condition, as nearly as practicable, as prior to such damage or destruction. Lessor shall
823545 1 17I19A5 -19-
promptly make available in installments as restoration progresses an amount up to but not
exceeding the amount of any award, compensation or damages received by Lessor, upon request
of Lessee accompanied by evidence reasonably satisfactory to Lessor that such amount has been
paid or is due and payable and is properly a part of such costs and that Lessee has complied with
the terms of Section 18 above in connection with the restoration. Lessor shall be entitled to keep
any portion of such award, compensation or damages which may be in excess of the cost of
restoration, and Lessee shall bear all additional costs, fees and expenses of such restoration in
excess of the amount of any such award, compensation or damages.
G. Notwithstanding the foregoing, nothing in this Section 21 shall be
construed as limiting or otherwise adversely affecting the representations, warranties, covenants
and characterizations set forth in Lease, including, without limitation, those provisions set forth
in Section 4 of this Lease.
22. Inspection. Lessor and its authorized representatives shall have the right, upon
giving reasonable notice, to enter the Premises or any part thereof and inspect the same and make
photographic or other evidence concerning Lessee's compliance with the terms of this Lease.
Lessee hereby waives any claim for damages for any injury or inconvenience to or interference
with Lessee's business, any loss of occupancy or quiet enjoyment of the Premises and any other
loss occasioned by such entry. Lessee shall keep and maintain at Lessee's chief executive office
full, complete and appropriate books of account and records of Lessee's business relating to the
Premises in accordance with generally accepted accounting principles consistently applied. The
books and records for the Premises shall at all times be open for inspection by Lessor or
Mortgagee, their auditors or other authorized representatives.
23. Default, Remedies and Measure of Damages.
A. Each of the following shall be an event of default under this Lease (each,
an "Event of Default"):
(i) If any representation or warranty of Lessee set forth in this Lease is
false in any respect which falsity would have a Material Adverse Effect, or if Lessee
renders any statement or account which is false in any material respect;
(ii) If any rent or other monetary sum due under this Lease is not paid
within five days from the date when due; provided, however, notwithstanding the
occurrence of such an Event of Default, Lessor shall not be entitled to exercise its
remedies set forth below unless and until Lessor shall have given Lessee notice thereof
and a period of five days from the delivery of such notice shall have elapsed without such
Event of Default being cured;
(iii) If Lessee fails to pay, prior to delinquency, any taxes, assessments
or other charges the failure of which to pay will result in the imposition of a lien against
the Premises pursuant to Applicable Regulations;
(iv) If Lessee becomes insolvent within the meaning of the Code, files
or notifies Lessor that it intends to file a petition under the Code, initiates a proceeding
under any similar law or statute relating to bankruptcy, insolvency, reorganization,
127545.11 7/19105
-20-
winding up or adjustment of debts (collectively, hereinafter, an "Action"), becomes the
subject of either a petition under the Code or an Action, or is not generally paying its
debts as the same become due;
(v) If Lessee vacates or abandons the Premises, except as permitted by
this Lease;
(vi) If Lessee fails to observe or perform any of the other covenants,
conditions, or obligations of this Lease; provided, however, if any such failure does not
involve the payment of any monetary sum, does not place any rights or Premises of
Lessor in immediate jeopardy, and is within the reasonable power of Lessee to promptly
cure after receipt of notice thereof, all as determined by Lessor in its reasonable
discretion, then such failure shall not constitute an Event of Default hereunder, unless
otherwise expressly provided herein, unless and until Lessor shall have given Lessee
notice thereof and a period of 30 days shall have elapsed, during which period Lessee
may correct or cure such failure, upon failure of which an Event of Default shall be
deemed to have occurred hereunder without further notice or demand of any kind being
required. If such failure cannot reasonably be cured within such 30-day period, as
determined by Lessor in its reasonable discretion, and Lessee is diligently pursuing a cure
of such failure, then Lessee shall have a reasonable period to cure such failure beyond
such 30-day period, which shall in no event exceed 90 days after receiving notice of the
failure from Lessor. If Lessee shall fail to correct or cure such failure within such 90-day
period, an Event of Default shall be deemed to have occurred hereunder without further
notice or demand of any kind being required;
(vii) If a final, nonappealable judgment is rendered by a court against
Lessee which has a Material Adverse Effect and is not discharged or provision made for
such discharge within 60 days from the date of entry thereof;
(viii) If a default on the part of Lessee shall occur under any loan
agreement, contract or other agreement pursuant to which Lessee has granted to a third
party a security interest in any property of Lessee located at the Premises or used in
connection with the operation of Lessee's business at the Premises; or
(ix) If a default on the part of Lessee or any Affiliate of Lessee shall
occur under any lease or sublease pursuant to which such party leases or subleases any
other property from Lessor or any Affiliate of Lessor, unless (a) the Premises and such
other property shall be subject to mortgages or ground leases held by different
mortgagees or ground lessors, and (b) in such event, either Lessor or Mortgagee shall, at
their respective options, declare by written notice to the other and to Lessee that such
occurrence shall not constitute an Event of Default hereunder.
B. Upon the occurrence of an Event of Default, with or without notice or
demand, except the notice prior to default required under certain circumstances by Subsection A
above or such other notice as may be required by statute and cannot be waived by Lessee (all
other notices being hereby waived), Lessor shall be entitled to exercise, at its option,
$23545.117/19/05 -21-
concurrently, successively, or-in any combination, all remedies available at law or in equity,
including without limitation any one or more of the following:
(i) To terminate this Lease, whereupon Lessee's right to possession of
the Premises shall cease and this Lease, except as to Lessee's liability, shall be
terminated.
(ii) To reenter and take possession of the Premises, any or all personal
property or fixtures of Lessee upon the Premises and, to the extent permissible,
area development agreements, permits and other rights or privileges of Lessee
pertaining to the use and operation of the Premises and to expel Lessee and those
claiming under or through Lessee, without being deemed guilty in any manner of
trespass or becoming liable for any loss or damage resulting therefrom, without
resort to legal or judicial process, procedure or action. No notice from Lessor
hereunder or under a forcible entry and detainer statute or similar law shall
constitute an election by Lessor to terminate this Lease unless such notice
specifically so states. If Lessee shall, after default, voluntarily give up possession
of the Premises to Lessor, deliver to Lessor or its agents the keys to the Premises,
or both, such actions shall be deemed to be in compliance with Lessor's rights and
the acceptance thereof by Lessor or its agents shall not be deemed to constitute a
termination of this Lease. Lessor reserves the right following any reentry and/or
reletting to exercise its right to terminate this Lease by giving Lessee written
notice thereof, in which event this Lease will terminate as specified in said notice.
(iii) To seize all personal property and fixtures of Lessee upon the
Premises which Lessee owns or in which it has an interest, in which Lessor shall
have a landlord's lien and/or security interest, and to dispose thereof in accordance
with the laws prevailing at the time and place of such seizure or to remove all or
any portion of such property and cause the same to be stored in a public
warehouse or elsewhere at Lessee's sole expense, without becoming liable for any
loss or damage resulting therefrom and without resorting to legal or judicial
process, procedure or action.
(iv) To bring an action against Lessee for any damages sustained by
Lessor or any equitable relief available to Lessor.
(v) To relet the Premises or any part thereof for such term or terms
(including a term which extends beyond the original Lease Term), at such rentals
and upon such other terms as Lessor, in its sole discretion, may determine, with
all proceeds received from such reletting being applied to the rental and other
sums due from Lessee in such order as Lessor, may, in it sole discretion,
determine, which other sums include, without limitation, all repossession costs,
brokerage commissions, reasonable attorneys' fees and expenses, employee
expenses, alteration, remodeling and repair costs and expenses of preparing for
such reletting. Lessor shall have no obligation to relet the Premises or any part
thereof and shall in no event be liable for refusal or failure to relet the Premises or
any part thereof, or, in the event of any such reletting, for refusal or failure to
$23545.11 7/19A5
-22-
collect any rent due upon such reletting, and no such refusal or failure shall
operate to relieve Lessee of any liability under this Lease or otherwise to affect
any such liability. Lessor reserves the right following any such reentry and/or
reletting to exercise its right to terminate this Lease by giving Lessee written
notice thereof, in which event this Lease will terminate as specified in said notice.
(vi) To accelerate and recover from Lessee all rent and other monetary
sums due and owing and scheduled to become due and owing under this Lease
both before and after the date of such breach for the entire original scheduled
Lease Term.
(vii) To recover from Lessee all costs and expenses, including
reasonable attorneys' fees, court costs, expert witness fees, costs of tests and
analyses, travel and accommodation expenses, deposition and trial transcripts,
copies and other similar costs and fees, paid or incurred by Lessor as a result of
such breach, regardless of whether or not legal proceedings are actually
commenced.
(viii) To immediately or at any time thereafter, and with or without
notice, at Lessor's sole option but without any obligation to do so, correct such
breach or default and charge Lessee all costs and expenses incurred by Lessor
therein. Any sum or sums so paid by Lessor, together with interest at the Default
Rate, shall be deemed to be additional rent hereunder and shall be immediately
due from Lessee to Lessor. Any such acts by Lessor in correcting Lessee's
breaches or defaults hereunder shall not be deemed to cure said breaches or
defaults or constitute any waiver of Lessor's right to exercise any or all remedies
set forth herein. In the event that a Mortgage or any other loan document secured
by a Mortgage shall contain a cure period shorter than that set forth in this Lease,
then Lessor shall be entitled to exercise the rights contained in this subsection
prior to the expiration of such shorter cure period so as to avoid default under
such Mortgage or other loan document.
(ix) To immediately or at any time thereafter, and with or without
notice, except as required herein, set off any money of Lessee held by Lessor
under this Lease against any sum owing by Lessee hereunder.
(x) To seek any equitable relief available to Lessor, including, without
limitation, the right of specific performance.
C. In the event that the Premises is located in Pennsylvania, the provisions of
this Subsection C shall apply:
THE FOLLOWING PARAGRAPHS SET FORTH WARRANTS OF
ATTORNEY TO CONFESS JUDGMENTS AGAINST TENANT. IN
GRANTING THESE WARRANTS OF ATTORNEY TO CONFESS
JUDGMENTS AGAINST TENANT, TENANT HEREBY KNOWINGLY,
823545.11 7/19105 -23-
INTENTIONALLY, VOLUNTARILY AND UNCONDITIONALLY WAIVES
ANY AND ALL RIGHTS TENANT HAS OR MAY HAVE TO PRIOR
NOTICES AND AN OPPORTUNITY FOR HEARING UNDER THE
RESPECTIVE CONSTITUTIONS AND LAWS OF THE UNITED STATES
AND THE COMMONWEALTH OF PENNSYLVANIA.
CONFESSION OF JUDGMENT FOR RENT. TENANT IRREVOCABLY
AUTHORIZES AND EMPOWERS THE PROTHONOTARY AND CLERK OR
ANY ATTORNEY OF ANY COURT OF RECORD TO APPEAR FOR AND
CONFESS JUDGMENT AGAINST TENANT FOR SUCH RENT AND OTHER
SUMS AS ARE DUE AND/OR MAY BECOME DUE UNDER THIS LEASE,
WITHOUT STAY OF EXECUTION AND WITH AN ATTORNEY'S
COLLECTION FEE OF FIVE PERCENT (5%) OF THE AMOUNT DUE (BUT
NOT LESS THAN $5,000.00), WHICH IS REASONABLE AS AN
ATTORNEY'S FEE. TO THE EXTENT PERMITTED BY LAW, TENANT
RELEASES ALL ERRORS IN SUCH PROCEEDINGS. IF A VERIFIED COPY
OF THIS LEASE IS FILED, IT SHALL NOT BE NECESSARY TO FILE THE
ORIGINAL LEASE. THE AUTHORITY AND POWER TO APPEAR FOR
AND CONFESS JUDGMENT AGAINST TENANT SHALL NOT BE
EXHAUSTED BY THE INITIAL EXERCISE THEREOF AND MAY BE
CONFESSED AS OFTEN AS ANY EVENT OF DEFAULT OCCURS. SUCH
AUTHORITY MAY BE EXERCISED DURING OR AFTER THE
EXPIRATION OF THE LEASE TERM AND/OR DURING OR AFTER THE
EXPIRATION OF ANY EXTENDED OR RENEWAL TERM.
CONFESSION OF JUDGMENT FOR POSSESSION. TENANT
IRREVOCABLY AUTHORIZES AND EMPOWERS THE PROTHONOTARY
AND CLERK OR ANY ATTORNEY OF ANY COURT OF RECORD TO
APPEAR FOR AND CONFESS JUDGMENT AGAINST TENANT FOR
POSSESSION OF THE PREMISES, WITHOUT STAY OF EXECUTION. TO
THE EXTENT PERMITTED BY LAW, TENANT RELEASES ALL ERRORS
IN SUCH PROCEEDINGS. IF A VERIFIED COPY OF THIS LEASE IS
FILED, IT SHALL NOT BE NECESSARY TO FILE THE ORIGINAL LEASE.
THE AUTHORITY AND POWER TO APPEAR FOR AND CONFESS
JUDGMENT AGAINST TENANT SHALL NOT BE EXHAUSTED BY THE
INITIAL EXERCISE THEREOF AND MAY BE CONFESSED AS OFTEN AS
ANY EVENT OF DEFAULT OCCURS. SUCH AUTHORITY MAY BE
EXERCISED DURING OR AFTER THE EXPIRATION OF THE TERM
AND/OR DURING OR AFTER THE EXPIRATION OF ANY EXTENDED OR
RENEWAL TERM. IF SUCH PROCEEDING IS TERMINATED AND
POSSESSION OF THE PREMISES REMAINS IN OR IS RESTORED TO
TENANT, LESSOR SHALL HAVE THE RIGHT FOR THE SAME EVENT OF
DEFAULT AND UPON ANY SUBSEQUENT EVENT OR EVENTS OF
DEFAULT, OR UPON THE TERMINATION OF THIS LEASE UNDER ANY
OF THE TERMS OF THIS LEASE, TO BRING ONE OR MORE FURTHER
ACTION OR ACTIONS TO RECOVER POSSESSION OF THE PREMISES
823545.11 7/19M
-24-
AND CONFESS JUDGMENT FOR THE RECOVERY OF POSSESSION OF
THE PREMISES AS HEREINABOVE PROVIDED.
REPRESENTATIONS. TENANT HEREBY REPRESENTS THAT (A)
TENANT IS KNOWLEDGEABLE IN BUSINESS MATTERS; (B) THIS
LEASE IS FOR BUSINESS OR COMMERCIAL PURPOSES ONLY AND
NOT FOR PERSONAL OR RESIDENTIAL PURPOSES, AND (C) TENANT
HAS FULLY REVIEWED THE AFORESAID WARRANTS OF ATTORNEY
TO CONFESS JUDGMENT WITH ITS OWN COUNSEL AND
UNDERSTANDS THAT IT IS WAIVING CERTAIN RIGHTS IT WOULD
OTHERWISE POSSESS.
D. All powers and remedies given by this Section to Lessor, subject to
applicable law, shall be cumulative and not exclusive of one another or of any other right or
remedy or of any other powers and remedies available to Lessor under this Lease, by judicial
proceedings or otherwise, to enforce the performance or observance of the covenants and
agreements of Lessee contained in this Lease, and no delay or omission of Lessor to exercise any
right or power accruing upon the occurrence of any Event of Default shall impair any other or
subsequent Event of Default or impair any rights or remedies consequent thereto. Every power
and remedy given by this Section or by law to Lessor may be exercised from time to time, and as
often as may be deemed expedient, by Lessor, subject at all times to Lessor's right in its sole
judgment to discontinue any work commenced by Lessor or change any course of action
undertaken by Lessor.
24. Mortgage, Subordination, Nondisturbance and Attornment.
A. Lessor's interest in this Lease and/or the Premises shall not be subordinate
to any encumbrances placed upon the Premises by or resulting from any act of Lessee, and
nothing herein contained shall be construed to require such subordination by Lessor. Lessee shall
keep the Premises free from any liens for work performed, materials furnished or obligations
incurred by Lessee. EXCEPT AS OTHERWISE CONSENTED TO BY LESSOR PURSUANT
TO SECTION 26, NOTICE IS HEREBY GIVEN THAT LESSEE IS NOT AUTHORIZED TO
PLACE OR ALLOW TO BE PLACED ANY LIEN, MORTGAGE, DEED OF TRUST OR
ENCUMBRANCE OF ANY HIND UPON ANY, ALL OR ANY PART OF THE PREMISES
OR LESSEE'S LEASEHOLD INTEREST THEREIN, AND ANY SUCH PURPORTED
TRANSACTION SHALL BE VOID. FURTHERMORE, ANY SUCH PURPORTED
TRANSACTION SHALL BE DEEMED A TORTIOUS INTERFERENCE WITH LESSOR'S
RELATIONSHIP WITH LESSEE AND LESSOR'S FEE OWNERSHIP OF THE PREMISES.
B. This Lease and the estate, interest and rights hereby created are
subordinate to every Ground Lease and Mortgage now or hereafter placed upon the Premises by
Lessor, and Lessee covenants and agrees to execute and deliver, upon demand, such further
instruments subordinating this Lease to the lien or interest of any or all such Ground Leases or
Mortgages as shall be desired by Lessor or any present or proposed Ground Lessor or
Mortgagee. Notwithstanding the foregoing, the subordination of this Lease to any future Ground
Lease or Mortgage shall be subject to the execution by such Ground Lessor or Mortgagee of a
subordination, nondisturbance and attornment agreement in substantially the form set forth in
92) 545.11 7119105 -25-
Exhibit C or such other form as is reasonably acceptable to such future Ground Lessor or
Mortgagee.
C. If any Mortgagee, receiver or other secured party elects to have this Lease
and the interest of Lessee hereunder be superior to any such interest or right and evidences such
election by notice given to Lessee, then this Lease and the interest of Lessee hereunder shall be
deemed superior to any such Mortgage, whether this Lease was executed before or after such
Mortgage and in that event such Mortgagee, receiver, trustee or other secured party shall have
the same rights with respect to this Lease as if it had been executed and delivered prior to the
execution and delivery of the Mortgage and has been assigned to such Mortgagee, receiver,
trustee or other secured party.
D. Although the foregoing provisions shall be self-operative and no future
instrument of subordination shall be required, upon request by Lessor, Lessee shall execute and
deliver whatever instruments may be required for such purposes, and in the event Lessee fails so
to do within 10 days after demand, Lessee does hereby make, constitute and irrevocably appoint
Lessor as its agent and attorney-in-fact and in its name, place and stead so to do, which
appointment shall be deemed coupled with an interest.
E. In the event that any existing or prospective Ground Lessor or Mortgagee
requires a modification or modifications of this Lease, which modification or modifications will
not cause an increase in rent or in any other way materially and adversely change the rights or
obligations of Lessee under this Lease, Lessee agrees that this Lease may be so modified and
agrees to execute whatever documents are required therefore and deliver the same to Lessor
within ten (10) days following written request by Lessor. In the event Lessee fails to execute and
deliver such documents within ten (10) days of written request by Lessor, Lessee does hereby
make, constitute and appoint Lessor as Lessee's attorney-in-fact and agent in its name, place and
stead to do so. This power of attorney is given as security coupled with an interest and is
irrevocable.
F. In the event any Ground Lessor or any purchaser or assignee of Mortgagee
at a foreclosure sale acquires title to the Premises, or in the event any Ground Lessor or
Mortgagee or any assignee of such party otherwise succeeds to the rights of Lessor as landlord
under this Lease, Lessee shall attorn to such Ground Lessor or Mortgagee or such purchaser or
assignee, as the case may be (individually and collectively, a "Successor Lessor"), and recognize
the Successor Lessor as Lessor under this Lease, and this Lease shall continue in full force and
effect as a direct lease between the Successor Lessor and Lessee, provided that the Successor
Lessor shall only be liable for any obligations of the Lessor under this Lease which accrue after
the date that such Successor Lessor acquires title. The foregoing provision shall be self operative
and effective without the execution of any further instruments.
G. Lessee shall give written notice to any Ground Lessor of the Premises or
Mortgagee having a recorded lien upon the Premises or any part thereof of which Lessee has
been notified of any breach or default by Lessor of any of its obligations under this Lease. If,
within thirty (30) days after receipt of written notice from Lessee, Mortgagee, at Mortgagee's
sole option, commences to cure a default of Lessor under this Lease that is capable of being
cured by Mortgagee, or commences to pursue any other of its remedies under the Mortgage and
121545.11 7/19A5
-26-
thereafter diligently pursues such cure to completion, Lessee agrees not to terminate this
Lease, reduce rent, credit or offset against future rents, consent or acquiesce in the termination of
the Lease or surrender the Premises and agrees to continue to be bound by the terms of this
Lease. Upon request by Lessor, Lessee shall also provide Lessee's most recent audited financial
statements to Lessor or any such Ground Lessor or Mortgagee and certify the continuing
accuracy of such financial statements in such manner as Lessor and such Ground Lessor or
Mortgagee may request.
25. Estoppel Certificate.
A. At any time, and from time to time, Lessee agrees, promptly and in no
event later than 10 days after a request from Lessor or any Ground Lessor or Mortgagee of the
Premises to execute, acknowledge and deliver to Lessor or any present or proposed Ground
Lessor or Mortgagee or purchaser designated by Lessor, any Ground Lessor or Mortgagee of the
Premises a certificate in the form supplied by Lessor, certifying: (i) that Lessee has accepted the
Premises (or, if Lessee has not done so, that Lessee has not accepted the Premises, and
specifying the reasons therefor); (ii) that this Lease is in full force and effect and has not been
modified (or if Modified, setting forth all modifications), or, if this Lease is not in full force and
effect, the certificate shall so specify the reasons therefor; (iii) the commencement and expiration
dates of the Lease Term and the terms of any extension options of Lessee; (iv) the date to which
the rentals have been paid under this Lease and the amount thereof then payable; (v) whether
there are then any existing defaults by Lessor in the performance of its obligations under this
Lease, and, if there are any such defaults, specifying the nature and extent thereof; (vi) that no
notice has been received by Lessee of any default under this Lease which has not been cured,
except as to defaults specified in the certificate; (vii) the capacity of the person executing such
certificate, and that such person is duly authorized to execute the same on behalf of Lessee; (viii)
that neither Lessor nor Mortgagee has actual involvement in the management or control of
decision making related to the operational aspects or the day-to-day operations of the Premises,
including the USTs or the handling or disposal of solid or hazardous waste, except as expressly
provided in this Lease; and (ix) any other information reasonably requested by Lessor, or its
present or proposed purchaser or Ground Lessor or Mortgagee.
B. If Lessee shall fail or refuse to sign a certificate in accordance with the
provisions of this Section within 10 days following a request by Lessor, Lessee irrevocably
constitutes and appoints Lessor as its attorney-in-fact to execute and deliver the certificate to any
such third party, it being stipulated that such power of attorney is coupled with an interest and is
irrevocable and binding.
821545A ] 7I19MS -27-
26. Assignment.
A. If Ground Lessor or Mortgagee shall succeed to the rights of Lessor as
landlord under this Lease, whether through termination of a Ground Lease, foreclosure of the
lien of a Mortgage, deed-in-lieu of foreclosure or otherwise, Ground Lessor or Mortgagee, as
Lessor, shall have the right to sell or convey the Premises or to assign its right, title and interest
as Lessor under this Lease in whole, but not in part. In the event of any such sale or assignment
other than a security assignment, Lessee shall attorn to such purchaser or assignee and Lessor
shall be relieved, from and after the date of such transfer or conveyance, of liability for the
performance of any obligation of Lessor contained herein, except for obligations or liabilities
accrued prior to such assignment or sale (provided, however, nothing in this Section 26 shall
impose liability on Ground Lessor or Mortgagee or such purchaser or assignee, as Lessor, for the
obligations of Lessor accruing under this Lease prior to the time Ground Lessor or Mortgagee or
such purchaser or assignee, as the case may be, succeeds to Lessor's rights as Lessor under this
Lease).
B. Lessee acknowledges that Lessor has relied both on the business
experience and creditworthiness of Lessee and upon the particular purposes for which Lessee
intends to use the Premises in entering into this Lease. Without the prior written consent of
Lessor, (i) Lessee shall not assign, transfer, convey, pledge or mortgage this Lease or any interest
therein, whether by operation of law or otherwise; (ii) no interest in Lessee shall be assigned,
transferred, conveyed, pledged or mortgaged, whether by operation of law or otherwise,
including, without limitation, a dissolution of Lessee; and (iii) Lessee shall not sublet all or any
part of the Premises. Lessor agrees that it shall not unreasonably withhold or delay its consent to
such matters, it being understood that Lessor's consent may be based upon such matters as
Lessor may in its reasonable discretion determine, including, without limitation, the experience
and creditworthiness of any assignee, the assumption by any assignee of all of Lessee's
obligations hereunder by undertakings enforceable by Lessor, the transfer to any assignee of all
necessary licenses to continue operating the Premises for the purposes herein provided, receipt of
such representations and warranties from any assignee as Lessor may request, including such
matters as its organization, existence, good standing and finances and other matters, whether or
not similar in kind. At the time of any assignment of this Lease which is approved by Lessor, the
assignee shall assume all of the obligations of Lessee under this Lease pursuant to Lessor's
standard form of assumption agreement. No such assignment nor any subletting of the Premises
shall relieve Lessee of its obligations respecting this Lease. Any assignment, transfer,
conveyance, pledge or mortgage in violation of this paragraph shall be voidable at the sole option
of Lessor.
27. Notices. All notices, consents, approvals or other instruments required or
permitted to be given by either party pursuant to this Lease ("Notices") shall be in writing and
given by (i) hand delivery, (ii) facsimile, (iii) express overnight delivery service or (iv) certified
or registered mail, return receipt requested (provided, however, Notices sent by certified or
registered mail shall also be delivered by one of the other methods described in subitems (i), (ii)
and (iii) hereof), and shall be deemed to have been delivered upon (a) receipt, if hand delivered,
(b) transmission, if delivered by facsimile, with facsimile machine confirmation, (c) the next
Business Day, if delivered by express overnight delivery service, or (d) the third Business Day
following the day of deposit of such notice with the United States Postal Service, if sent by
821515J 1 7/19M -2°-
certified or registered mail, return receipt requested. Notices shall be provided to the parties and
addresses (or facsimile numbers, as applicable) specified below:
If to Lessor: Real Estate Department
Attn: William Long
Uni-Marts, LLC
477 East Beaver Avenue
State College, PA 16801-5690
Telephone: 814-234-6000
Telecopy: 814-234-3277
If to Lessee
SAIMA INTERNATIONAL, INC.
Attn: Aijaz A. Shaikh, President
2203 Glen Allen Avenue, Apt T-2
Silver Spring, MD 20906
Telephone:
Telecopy:
or to such other address or such other person as either party may from time to time hereafter
specify to the other party in a notice delivered in the manner provided above. No such notices,
consents, approvals or other communications shall be valid unless Ground Lessor or Mortgagee,
if any, receives a duplicate original thereof, provided Lessor has provided Lessee with contact
information for such party. The contact information for General Electric is:
GE Capital Franchise Finance Corporation
17207 North Perimeter Drive
Scottsdale, AZ 85255
Attn: Collateral Management
Telephone: (480) 5854500
Telecopy: (480) 585-2225
or to such other address or such other person as either party may from time to time hereafter
specify to the other party in a notice delivered in the manner provided above.
28. Holding Over. If Lessee remains in possession of the Premises after the
expiration of the term hereof, Lessee, at Lessor's option and within Lessor's sole discretion, may
be deemed a tenant on a month-to-month basis and shall continue to pay rentals and other sums
in the amounts herein provided, except that the Base Monthly Rental shall be automatically
doubled, and to comply with all the terms of this Lease; provided that nothing herein nor the
acceptance of rent by Lessor shall be deemed a consent to such holding over. Lessee shall
defend, indemnify, protect and hold Lessor harmless from and against any and all claims, losses
and liabilities for damages resulting from Lessee's failure to surrender possession upon the
expiration of the Lease Term, including, without limitation, any claims made by any succeeding
lessee.
29. Lessor's Lien/Security Interest. Lessee agrees that Lessor shall have a landlord's
lien, and additionally hereby separately grants to Lessor a first and prior security interest, in, on
823545.11 7119A5 -29-
and against all personal property belonging to Lessee from time to time situated on or used in
connection with any or all the Premises, which lien and security interest shall secure the payment
of all rental and other charges payable by Lessee to Lessor under the terms hereof and all other
obligations of Lessee to Lessor under this Lease; provided, however, that such lien and security
interest shall be automatically subordinated and second in lien priority to (a) any security interest
in such assets granted by Lessee to an unaffiliated financial institution as security for purchase
money financing utilized to acquire such assets, (b) any security interest in such assets granted
by Lessee to an unaffiliated financial institution as security for financing utilized to acquire the
business at the Premises, and (c) all renewals, replacements, modifications, and extensions of
such financings. Lessee further agrees to execute and deliver to Lessor from time to time such
financing statements and other documents as Lessor may then deem appropriate or necessary to
perfect and maintain said lien and security interest, and expressly acknowledges and agrees that,
in addition to any and all other rights and remedies of Lessor whether hereunder or at law or in
equity, in the event of any default of Lessee hereunder, Lessor shall have any and all rights and
remedies of Lessor granted a secured party under the Uniform Commercial Code then in effect in
the State. If Lessee shall fail for any reason to execute any such financing statement or document
within 10 days after Lessor's request therefor, Lessor shall have the right to execute the same as
attorney-in-fact of Lessee, coupled with an interest, for, and on behalf, and in the name of
Lessee. Lessee covenants to promptly notify Lessor of any changes in Lessee's name and/or
organizational structure which may necessitate the execution and filing of additional financing
statements (provided, however, the foregoing shall not be construed as Lessor's consent to such
changes).
30. Removal of Lessee's Property. At the expiration of the Lease Term, and if Lessee
is not then in breach hereof, Lessee may remove from the Premises all personal property
belonging to Lessee. Lessee shall repair any damage caused by such removal and shall leave the
Premises broom clean and in good and working condition and repair inside and out. Any
property of Lessee left on the Premises on the tenth day following the expiration of the Lease
Term shall automatically and immediately become the property of Lessor, provided, however,
that this provision shall not relieve Lessee from the obligation to dispose of such property if
requested by Lessor.
31. Financial Statements. Within 45 days after the end of each fiscal quarter, and
within 120 days after the end of each fiscal year of Lessee, Lessee shall deliver to Lessor (i)
complete financial statements of Lessee including a balance sheet, profit and loss statement,
statement of changes in financial condition and all other related schedules for the fiscal period
then ended; and (ii) income statements for the business at the Premises. All such financial
statements shall be prepared in accordance with generally accepted accounting principles,
consistently applied from period to period, and shall be certified to be accurate and complete by
Lessee (or the Treasurer or other appropriate officer of Lessee). Lessee agrees to reasonably
cooperate with Lessor's requests to provide such financial information prior to the end of the
applicable period established for delivering such information. Lessee understands that Lessor is
relying upon such financial statements and Lessee represents that such reliance is reasonable. In
the event that Lessee's property and business at the Premises is ordinarily consolidated with other
business for financial statement purposes, such financial statements shall be prepared on a
consolidated basis showing separately the sales, profits and losses, assets and liabilities
pertaining to the Premises with the basis for allocation of overhead of other charges being clearly
82354SA 1 WPM
-30-
set forth. The financial statements delivered to Lessor need not be audited, but Lessee shall
deliver to Lessor copies of any audited financial statements of Lessee which may be prepared, as
soon as they are available. Lessor shall be permitted to share copies of all Lessee financial
statements and other information concerning this Lease with any Mortgagee or prospective
purchaser of the Premises.
32. Force Majeure. Any prevention, delay or stoppage due to strikes, lockouts, acts
of God, enemy or hostile governmental action, civil commotion, fire or other casualty beyond the
control of the party obligated to perform shall excuse the performance by such party for a period
equal to any such prevention, delay or stoppage, except the obligations imposed with regard to
rental and other monies to be paid by Lessee pursuant to this Lease.
33. Document Review. In the event Lessee makes any request upon Lessor requiring
Lessor or its attorneys to review and/or prepare (or cause to be reviewed and/or prepared) any
document or documents in connection with or arising out of or as a result of this Lease, then,
except as expressly stated elsewhere herein, Lessee shall reimburse Lessor or its designee
promptly upon Lessor's demand therefor a reasonable processing and review fee.
34. Time is of the Essence. Time is of the essence with respect to each and every
provision of this Lease in which time is a factor.
35. Consent of Lessor. Unless specified otherwise herein, Lessor's consent to any
request of Lessee may be conditioned or withheld in Lessor's sole discretion. Lessor shall have
no liability for damages resulting from Lessor's failure to give any consent, approval or
instruction reserved to Lessor, Lessee's sole remedy in any such event being an action for
injunctive relief. Notwithstanding anything to the contrary contained herein, in all instances
where consent or approval is required under a Mortgage or Ground Lease, Lessee shall be
required to obtain such consent or approval from both Lessor and Mortgagee.
36. Waiver and Amendment. No provision of this Lease shall be deemed waived or
amended except by a written instrument unambiguously setting forth the matter waived or
amended and signed by the party against which enforcement of such waiver or amendment is
sought. Waiver of any matter shall not be deemed a waiver of the same or any other matter on
any future occasion. No acceptance by Lessor of an amount less than the monthly rent and other
payments stipulated to be due under this Lease shall be deemed to be other than a payment on
account of the earliest such rent or other payments then due or in arrears nor shall any
endorsement or statement on any check or letter accompanying any such payment be deemed a
waiver of Lessor's right to collect any unpaid amounts or an accord and satisfaction.
37. Successors Bound. Except as otherwise specifically provided herein, the terms,
covenants and conditions contained in this Lease shall bind and inure to the benefit of the
respective heirs, successors, executors, administrators and assigns of each of the parties hereto.
38. No Merger. The voluntary or other surrender of this Lease by Lessee, or a mutual
cancellation thereof, shall not result in a merger of Lessor's and Lessee's estates, and shall, at the
option of Lessor, either terminate any or all existing subleases or subtenancies, or operate as an
assignment to Lessor of any or all of such subleases or subtenancies.
823545.11 7/19A5 -31-
39. Captions. Captions are used throughout this Lease for convenience of reference
only and shall not be considered in any manner in the construction or interpretation hereof.
40. Enforceability. If any part of this Lease shall be held unenforceable by any court
of competent jurisdiction, the remainder shall remain in full force and effect, and such
unenforceable provision shall be reformed by such court so as to give maximum legal effect to
the intention of the parties as expressed therein.
41. Relationship of the Parties; Interpretation.
A. None of the agreements contained herein is intended, nor shall the same be
deemed or construed, to create a partnership (either de jure or de facto) between Lessor and
Lessee, to make them joint venturers, to make Lessee an agent, legal representative, partner,
subsidiary or employee of Lessor, nor to make Lessor in any way responsible for the debts,
obligations or losses of Lessee.
B. This Lease shall be interpreted and construed in a fair and impartial
manner without regard to such factors as the party which prepared the instrument, the relative
bargaining powers of the parties or the domicile of any party. Whenever in this Lease any words
of obligation or duty are used, such words or expressions shall have the same force and effect as
though made in the form of a covenant.
42. Easements. During the Lease Term, Lessor shall have the right to grant utility
easements on, over, under and above the Premises without the prior consent of Lessee, provided
that such easements will not materially interfere with Lessee's long-term use of the Premises.
43. Bankruptcy.
A. As a material inducement to Lessor executing this Lease, Lessee
acknowledges and agrees that Lessor is relying upon (i) the financial condition and specific
operating experience of Lessee and Lessee's obligation to use the Premises as a Uni-Mart
Facility in accordance with standards adopted on a system-wide basis, (ii) Lessee's timely
performance of all of its obligations under this Lease notwithstanding the entry of an order for
relief under the Code for Lessee, (iii) all defaults under this Lease being cured promptly, (iv) the
characterization of this Lease as set forth in Section 4, and (v) this Lease being assumed within
60 days of any order for relief entered under the Code for Lessee, or this Lease being rejected
within such 60 day period and the Premises surrendered to Lessor.
Accordingly, in consideration of the mutual covenants contained in this Lease and for
other good and valuable consideration, Lessee hereby agrees that:
(i) All obligations that accrue under this Lease (including the
obligation to pay rent), from and after the date that an Action is commenced shall be
timely performed exactly as provided in this Lease and any failure to so perform shall be
harmful and prejudicial to Lessor;
(ii) Any and all obligations under this Lease that become due from and
after the date that an Action is commenced and that are not paid as required by this Lease
121545.11 7119MS -32-
shall, in the amount of such rents, constitute administrative expense claims allowable
under the Code with priority of payment at least equal to that of any other actual and
necessary expenses incurred after the commencement of the Action;
(iii) Any extension of the time period within which the Lessee may
assume or reject this Lease without an obligation to cause all obligations coming due
under this Lease from and after the date that an Action is commenced to be performed as
and when required under this Lease shall be harmful and prejudicial to Lessor;
(iv) Any time period designated as the period within which the Lessee
must cure all defaults and compensate Lessor for all pecuniary losses which extends
beyond the date of assumption of this Lease shall be harmful and prejudicial to Lessor;
(v) Any assignment of this Lease must result in all terms and
conditions of this Lease being assumed by the assignee without alteration or amendment,
and any assignment which results in an amendment or alteration of the terms and
conditions of this Lease without the express written consent of Lessor shall be harmful
and prejudicial to Lessor;
(vi) Any proposed assignment of this Lease to an assignee: (a) that will
not use the Premises specifically as a Uni-Mart Facility in accordance with standards
adopted on a system-wide basis, or (b) that does not possess a financial condition,
operating performance and experience characteristics equal to or better than the financial
condition, operating performance and experience of Lessee as of the Effective Date, shall
be harmful and prejudicial to Lessor; and
(vii) The rejection (or deemed rejection) of this Lease for any reason
whatsoever shall constitute cause for immediate relief from the automatic stay provisions
of the Code, and Lessee stipulates that such automatic stay shall be lifted immediately
and possession of the Premises will be delivered to Lessor immediately without the
necessity of any further action by Lessor.
(viii) This Lease shall at all times be treated and interpreted in a manner
consistent with the specific characterizations set forth in Section 4 of this Lease, and
assumption or rejection of this Lease shall be (a) in its entirety and (b) in strict
accordance with the specific terms and conditions of this Lease.
B. No provision of this Lease shall be deemed a waiver of Lessor's rights or
remedies under the Code or applicable law to oppose any assumption and/or assignment of this
Lease, to require timely performance of Lessee's obligations under this Lease, or to regain
possession of the Premises as a result of the failure of Lessee to comply with the terms and
conditions of this Lease or the Code.
C. Notwithstanding anything in this Lease to the contrary, all amounts
payable by Lessee to or on behalf of Lessor under this Lease, whether or not expressly
denominated as such, shall constitute "rent" for the purposes of the Code.
873545.11 7119/05
-33-
D. For purposes of this Section addressing the rights and obligations of
Lessor and Lessee in the event that an Action is commenced, the term "Lessee" shall include
Lessee's successor in bankruptcy, whether a trustee, Lessee as debtor in possession or other
responsible person.
44. No Offer. No contractual or other rights shall exist between Lessor and Lessee
with respect to the Premises until both have executed and delivered this Lease, notwithstanding
that deposits may have been received by Lessor and notwithstanding that Lessor may have
delivered to Lessee an unexecuted copy of this Lease. The submission of this Lease to Lessee
shall be for examination purposes only, and does not and shall not constitute a reservation of or
an option for Lessee to lease or otherwise create any interest on the part of Lessee in the
Premises.
45. Other Documents. Each of the parties agrees to sign such other and further
documents as may be necessary or appropriate to carry out the intentions expressed in this Lease.
46. Attorneys' Fees. In the event of any judicial or other adversarial proceeding
between the parties concerning this Lease, to the extent permitted by law, the prevailing party
shall be entitled to recover all of its reasonable attorneys' fees and other costs in addition to any
other relief to which it may be entitled. In addition, Lessor shall, upon demand, be entitled to all
reasonable attorneys' fees and all other costs incurred in the preparation and service of any notice
or demand hereunder, whether or not a legal action is subsequently commenced. References in
this Lease to Lessor's reasonable attorneys' fees and/or costs shall mean both the fees and costs
of independent counsel retained by Lessor with respect to the matter and the fees and costs of
Lessor's in-house counsel incurred in connection with the matter.
47. Entire Agreement. This Lease and any other instruments or agreements referred
to herein constitute the entire agreement between the parties with respect to the subject matter
hereof, and there are no other representations, warranties or agreements except as herein
provided. Without limiting the foregoing, Lessee specifically acknowledges that neither Lessor
nor any agent, officer, employee or representative of Lessor has made any representation or
warranty regarding the projected level of Lessee's gross sales for the Premises or the projected
profitability of the business to be conducted on the Premises. Furthermore, Lessee acknowledges
that Lessor did not prepare or assist in the preparation of any of the projected figures used by
Lessee in analyzing the economic viability and feasibility of the business to be conducted by
Lessee at the Premises.
48. Forum Selection; Jurisdiction; Venue; Choice of Law. For purposes of any
action or proceeding arising out of this Lease, the parties hereto expressly submit to the
jurisdiction of all federal and state courts located in the State. Lessee consents that it may be
served with any process or paper by registered mail or by personal service within or without the
State in accordance with applicable law. Furthermore, Lessee waives and agrees not to assert in
any such action, suit or proceeding that it is not personally subject to the jurisdiction of such
courts, that the action, suit or proceeding is brought in an inconvenient forum or that venue of the
action, suit or proceeding is improper. This Lease shall be governed by and construed in
accordance with the internal laws of the State, without regard to principles of conflict of law.
82)S45A] 7119105
-34-
49. Counterparts. This Lease may be executed in one or more counterparts, each of
which shall be deemed an original.
50. Joint and Several Liability. If Lessee consists of more than one individual or
entity, each such individual and/or entity shall be jointly and severally liable for all obligations of
Lessee under this Lease.
51. Limitation of Lessor's Liability. Lessee shall look solely to Lessor's interest in
the Premises for enforcement of any obligation of Lessor under this Lease or under applicable
law. No other property or other assets of Lessor shall be subject to levy, execution or other
enforcement proceeding for the satisfaction of Lessee's remedies or with respect to this Lease,
the relationship of landlord and tenant or Lessee's use and occupancy of the Premises.
52. Termination Document. Upon Lessor's request, Lessee agrees to execute and
acknowledge a termination of lease and/or quit claim deed in recordable form with respect to the
Premises to be held by Lessor until the expiration or sooner termination of the Lease Term.
53. No Brokerage. Lessor and Lessee represent and warrant to each other that they
have had no conversation or negotiations with any broker concerning the leasing of the Premises
except Lessor's Broker. Lessor shall be solely responsible for all fees payable to Lessor's Broker.
Each of Lessor and Lessee agrees to protect, indemnify, save and keep harmless the other,
against and from all liabilities, claims, losses, costs, damages and expenses, including reasonable
attorneys' fees, arising out of, resulting from or in connection with their breach of the foregoing
warranty and representation.
54. Waiver of Jury Trial and Punitive, Consequential, Special and Indirect
Damages. LESSOR AND LESSEE HEREBY KNOWINGLY, VOLUNTARILY AND
INTENTIONALLY WAIVE THE RIGHT EITHER MAY HAVE TO A TRIAL BY JURY
WITH RESPECT TO ANY AND ALL ISSUES PRESENTED IN ANY ACTION,
PROCEEDING, CLAIM OR COUNTERCLAIM BROUGHT BY EITHER OF THE PARTIES
HERETO AGAINST THE OTHER OR ITS SUCCESSORS WITH RESPECT TO ANY
MATTER ARISING OUT OF OR IN CONNECTION WITH THIS LEASE, THE
RELATIONSHIP OF LESSOR AND LESSOR, LESSEE'S USE OR OCCUPANCY OF THE
PREMISES, AND/OR ANY CLAIM FOR INJURY OR DAMAGE, OR ANY EMERGENCY
OR STATUTORY REMEDY. THIS WAIVER BY THE PARTIES HERETO OF ANY RIGHT
EITHER MAY HAVE TO A TRIAL BY JURY HAS BEEN NEGOTIATED AND IS AN
ESSENTIAL ASPECT OF THEIR BARGAIN. FURTHERMORE, LESSEE HEREBY
KNOWINGLY, VOLUNTARILY AND INTENTIONALLY WAIVES THE RIGHT IT MAY
HAVE TO SEEK PUNITIVE, CONSEQUENTIAL, SPECIAL AND INDIRECT DAMAGES
FROM LESSOR OR ANY OF LESSOR'S AFFILIATES, OFFICERS, DIRECTORS OR
EMPLOYEES OR ANY OF THEIR SUCCESSORS WITH RESPECT TO ANY AND ALL
ISSUES PRESENTED IN ANY ACTION, PROCEEDING, CLAIM OR COUNTERCLAIM
BROUGHT BY LESSEE AGAINST LESSOR OR ANY OF LESSOR'S AFFILIATES,
OFFICERS, DIRECTORS OR EMPLOYEES OR ANY OF THEIR SUCCESSORS WITH
RESPECT TO ANY MATTER ARISING OUT OF OR IN CONNECTION WITH THIS
LEASE OR ANY DOCUMENT CONTEMPLATED HEREIN OR RELATED HERETO. THE
WAIVER BY LESSEE OF ANY RIGHT IT MAY HAVE TO SEEK PUNITIVE,
323545117/19105 -35-
CONSEQUENTIAL, SPECIAL AND INDIRECT DAMAGES HAS BEEN NEGOTIATED BY
THE PARTIES HERETO AND IS AN ESSENTIAL ASPECT OF THEIR BARGAIN.
55. Automatic Teller Machine. Lessor reserves the sole and exclusive right, from
time to time, to enter into an agreement with an unrelated third party providing for the
installation and operation of an automatic teller machine ("ATM") within the Premises in a
location reasonably approved by Lessee. Lessor shall be responsible for arranging for the
installation of the ATM, at Lessor's cost, and shall be permitted to install necessary utilities and
communications cabling. Lessee shall not install or permit the installation of any automatic
teller machine other than the ATM.
56. Signage. Lessor reserves the sole and exclusive right, from time to time, to enter
into one or more agreements (each, a "Signage Agreement") providing for the sale of signage
rights in and about the Premises. Without limitation, such signage may be placed in, on and
around the Building and other improvements at the Premises, upon any trade fixtures of Lessee,
or free standing. Such signage must be in compliance with applicable law and shall not (i) be
constructed in a manner or placed in any location which materially interferes with Lessee's
operations at the Premises, (ii) be offensive or disreputable in nature or (iii) advertise the sale of
products or performance of services which would be in direct competition with the products and
services sold by Lessee. Lessor shall share with Lessee fifty percent (501/o) of any net income
earned by Lessor from time to time in connection with the sale of signage rights in and about the
Premises.
57. Telecommunications Antennae. Lessor reserves the sole and exclusive right,
from time to time, to enter into one or more agreements with unrelated third parties providing for
the installation and operation of telecommunications antennae (the "Antennae") within the
Premises in locations chosen by Lessor, provided that the same shall be installed and operated in
compliance with applicable law and shall not be placed in any location which materially
interferes with Lessee's operations at the Premises. Lessor shall be responsible for arranging for
the installation of the Antennae, at Lessor's cost, and shall be permitted to install necessary
utilities and communications cabling. Lessee shall not install or permit the installation of any
telecommunications antennae other than the Antennae.
823545.117/19105 -36-
IN WITNESS WHEREOF, Lessor and Lessee have entered into this Lease as of the date
first above written.
LESSOR
UNI-MARTS, LLC, a
Pennsylvania limited liability company
By: ! _
ame: Ales D. 8"" "21
Title: Manager
LESSEE
SAIMA INTERNATIONAL, INC., a
Pennsylvania corporation
By: U?? A??
Name Ai az A. Shaikh
Title: President
827545.11 7119MS -37-
Exhibit A
Legal Description - SEE ATTACHED
823545.11 M9/05 A-1
Q?R?N •,cll
No. saa PEE-SIMPLE DEED-Typewriter
Tbig 311brUturr, Anbe ante
d" of March b for
yew of ofrr Lord Osee
rboaend Nino Hundred ad Seventy-three (1973).
1NP1111PP11 JAY RICHARD MAGEE and VICKI G. MAGEE, his wife, of North
Middleton, Cumberland County, Pennsylvania, hereinafter called Grantors
A
N
D
HANDY MARKETS, INC.,. a corporation organized and existing under the
laws of the Commonwealth of Pennsylvania, having its principal place
of business at 1302 Slate Hill Road, Camp Hill, Pennsylvania, Grantee,
party
?f the second pert, OdUf$6tt4 Tito, for rid pwtiesof the jrtt pert, tar .wd in cowid ..H.
of the fun of -------------------One ($1.00)----------------------------
Oollars, Jesvfel money of the United Stater of Awake, well and trnty pW by for raid pwtf of for secowd
part to the said Nr[es of for first fart, at tied 691010 tht 11968 ad !limy Of 46s9 prrsinsh, for receipt
Wbrreof is brrrby ac4wew1edfd, have frowt9d, bwfaixed.
roll, ahrned, exteoled, released, conveyed and c"firwd end by tbnr prnanb do grant, berjein, sett,
dire, totrot, rdrar, rears", and eoxPrw onto the tdd party of thr freed part its
successors >lim and Mlifnt.
All that certain tract of land with the improvements thereon erected,
situate in West Pennsboro Township, Cumberland County, Pennsylvania,
bounded and described as follows;
BEGINNING at an iron pin on the southern side of Pa. State Highway
641, at line of land of Robert Yinger; thence along the southern side
of said State Highway, South 70 degrees 01 minutes 27 seconds East,
a distance of 189.33 feet to a point at the edge of said highway;
thence continuing along the southern side of said State Highway, South
82 degrees 20 minutes 58 seconds East, a distance of 225.00 feet to
an existing post at the edge of said highway at line of land of Merle
Myers; thence along land of Merle Myers, South 07 degrees 39 minutes
02 seconds West, a distance of 138.00 feet to an iron pin; thence North
65 degrees 23 minutes 04 seconds West, along land of Charles Nelson,
a distance of 440.55 feet to a stake at line of land of Robert Yinger;
thence along land of Robert Yinger North 20 degrees 32 minutes 02
seconds East, a distance of 51.50 feet to an iron pin, the place of
Beginning.
600K L 25PAu 634
Exhibit B
Third Party Leases
127545.11 7119A5 B-1
Exhibit C
Form of Estoppel, Subordination, Nondisturbance and Attornment Agreement
Recording requested by and
when recorded return to:
ESTOPPEL, SUBORDINATION, NON-DISTURBANCE AND
ATTORNMENT AGREEMENT
THIS ESTOPPEL, SUBORDINATION, NON-DISTURBANCE AND ATTORNMENT
AGREEMENT (this "Agreement"), is made as of , 200, by and among
a ("Tenant"), whose address is
Uni-Marts, LLC, a Pennsylvania limited liability company
("Landlord"), whose address is 477 East Beaver Avenue, State College, Pennsylvania
16$01-5690, and ' a
_ ("Lender"), whose address is
RECITALS
A. Landlord and Tenant are parties to a Lease dated as of , 20_
(the "Lease"), wherein Tenant leases certain real property legally described on the
attached Exhibit A and certain improvements located thereon (said real property and
improvements being hereinafter collectively referred to as the "Premises").
B. The Premises is encumbered by that certain
from Landlord and held by Lender (together with
(i) any and all increases, renewals, modifications, extensions, substitutions, replacements
and or consolidations thereof or of the Note (hereinafter defined) and (ii) any future mortgage
or encumbrance affecting the Premises held by or made for the benefit of Lender and/or its
successors and assigns, the "Mortgage") securing that certain promissory note dated as of the date
of the Mortgage payable to the order of Lender with respect to the Premises (the
"Note"), which Mortgage has been recorded, or is to be recorded contemporaneously with the
recording of this Agreement, in the records of the county recorder where the Premises is
located.
C. Tenant has agreed to recognize the rights of Lender in accordance with the
terms and provisions of this Agreement with respect to the Premises and has further
923545 It 7119/05 C-1
certified to and agreed with Lender as to certain matters with respect to the Lease as more
particularly set forth herein.
NOW, THEREFORE, in consideration of the premises and for other good and
valuable consideration, the receipt and sufficiency of which is hereby acknowledged, the
parties hereto mutually covenant and agree as follows:
1. Subordination.
A. Notwithstanding anything to the contrary contained in the Lease, the
Lease and the leasehold estate created thereby is hereby declared to be, and hereafter shall
continue at all times to be, junior, subject and subordinate, in each and every respect,
to the Mortgage, including, without limitation, (i) any and all increases, renewals,
modifications, extensions, substitutions, replacements and or consolidations of the Note or the
Mortgage and (ii) any future mortgage or encumbrance affecting the Premises held by or
made for the benefit of Lender and/or its successors and assigns. The foregoing
subordination is effective and self-operative without the necessity for execution of any
further instruments.
B. Tenant hereby covenants with Lender that Tenant will not cause the
Lease to be subordinated to any interests other than those held by or made for the benefit of
Lender and/or its successors and assigns without prior written notice to and prior written
consent of Lender.
C. At any time at the election of Lender, Lender shall have the
right to declare the Lease superior to the lien, provisions, operation and effect of the Mortgage.
2. Nondisturbance. So long as Tenant is not in default, beyond any applicable cure
period, in performance of the terms, provisions and conditions contained in the Lease:
A. Tenant shall not be named or joined in any foreclosure or other
proceedings to enforce the Mortgage unless such joinder be required by law in order to pursue
such foreclosure or other proceedings;
B. Enforcement of the Mortgage shall not terminate the Lease or disturb
Tenant in the possession and use of the Premises; and
C. In the event of any foreclosure or other proceeding instituted for
enforcement of the Mortgage or in case Lender takes possession of the Premises pursuant to any
provision of the Mortgage, the Lease shall continue in full force and effect as though
such proceeding or action had not occurred.
3. Attornrnent. Notwithstanding the foregoing subordination, if the interest of
Landlord under the Lease shall be transferred by reason of foreclosure or other
proceedings (judicial or non judicial) for enforcement of the Mortgage or by reason
of a deed in lieu of foreclosure, Tenant, at the election of the transferee and its
successors and assigns (herein and hereafter together called the "Purchaser") acquiring
said interests, shall be bound to the Purchaser pursuant to all of the terms, covenants and
823545.11 7/19N5 C-2
conditions of the Lease for the balance of the term of the Lease then remaining and any
extensions or renewals thereof which may be effected in accordance with any option
therefor in the Lease, with the same force and effect as if the Purchaser were the original
landlord under the Lease, and Tenant does hereby attorn to and agree to attorn to the
Purchaser, as its landlord, said attornment to be effective and self-operative without the
necessity for execution of any further instruments, upon Purchaser's election after
succeeding to the interest of the Landlord under the Lease.
4. Further Acts. Notwithstanding any provisions contained in Sections 1, 2 and 3
above which state that the attomment, non-disturbance and subordination by Tenant to Purchaser are
effective and self-operative without the execution of any further instrument, Tenant agrees that,
upon request of Lender and/or Purchaser, it will execute such written agreement to evidence and
affirm any and all of Tenant's obligations under this Agreement, and further, Tenant agrees that
it will execute from time to time such further assurances and estoppel certificates as may
reasonably be requested by Lender and Purchaser. Without limiting the generality of the
foregoing, if and to the extent that Landlord rejects the Lease in any federal or state
proceeding, Tenant will immediately enter into a new lease directly with the Purchaser on the
same terms as the lease, provided execution of such new lease does not violate any bankruptcy
law or related court order.
5. Limitation. Neither Lender nor any Purchaser shall be:
A. liable for any act or omission of Landlord or any prior landlord (including
the loss or misappropriation of any rental payments or security deposits);
B. subject to any credits, claims, setoffs, offsets or defenses which Tenant
may have against Landlord or any prior landlord;
C. bound by (or responsible for) any advance payment of rent or any other
monetary obligations under the Lease to Landlord in excess of one month's prepayment thereof
in the case of rent, or in excess of one periodic payment in advance in the case of any other
monetary obligations under the Lease;
D. responsible for any security deposit not actually received by Lender or any
Purchaser;
E. bound by any amendment, assignment (in whole or in part), subletting,
extension, renewal or modification of the Lease to which Lender or Purchaser has not consented in
writing, and any attempted amendment, assignment (in whole or in part), subletting, extension,
renewal or modification of the Lease without said consent shall be null and void and of no force
and effect;
F. liable for latent and/or patent defects in the construction of the Premises;
G. liable for any breach of any warranty in the Lease by Landlord or a prior
landlord.
823545.11 7119M5 C-3
H. bound by any obligation to repair, replace, rebuild or restore the Premises,
or any part thereof, in the event of damage by fire or other casualty, or in the event of partial
condemnation, beyond such repair, replacement, rebuilding or restoration as may be
required of the landlord under the Lease and as can reasonably be accomplished with the use of
the net insurance proceeds or the net condemnation award actually received by or made
available to Lender (as successor in interest to Landlord) or Purchaser; or
1. required to remove any person occupying the Premises or any part thereof.
Neither Lender nor any Purchaser shall be liable for any reason for amounts in excess of the value
of its interest in the Premises, or for consequential or punitive damages of any kind.
6. Notice. Tenant agrees to give prompt written notice to Lender (and to any
successor in interest to Lender of which Tenant has been notified) of:
A. any default of the Landlord under the Lease if such default is of such a
nature as to give Tenant a right to terminate the Lease, reduce rent or to credit or offset any
amounts against future rents; and
B. any attempt by the Landlord (including any successor or assignee of the
Landlord) to amend, modify, terminate, or render void the Lease.
7. Cure. If, within thirty (30) days after receipt of written notice from Tenant,
Lender, at Lender's sole option, commences to cure a default of Landlord under the Lease that is
capable of being cured by Lender, or commences to pursue any other of its remedies under the
Mortgage and thereafter diligently pursues such cure to completion, Tenant agrees not to
terminate the Lease, reduce rent, credit or offset against future rents, consent or acquiesce in the
termination of the Lease or surrender the Premises and agrees to continue to be bound by the
terms of the Lease and this Agreement.
8. Waiver. As against Lender and its successors in interest, Tenant hereby waives
any default by Landlord which is not capable of being cured by Lender in the exercise of
reasonable diligence.
9. Payments of Rent to Lender. Landlord absolutely assigns to Lender all payments
of rent as the same are due under the Lease (the "Rent") and Tenant agrees that, from and after
an Event of Default (as defined in the Mortgage) and until such time as all of Landlord's
monetary obligations to Lender pursuant to the Note and the Loan Agreement between Lender
and Landlord (with respect to the Note) have been fully paid, Tenant will pay the Rent directly to
Lender. All such rental payments received by Lender shall be credited against Landlord's
obligations to Lender. Lender agrees to notify Landlord, in writing, of any failure of Tenant to
pay Rent to Lender and Landlord immediately shall cure Tenant's failure to pay by paying such
Rent to Lender.
10. Assignment Landlord, by its execution hereof, agrees that this Agreement does
not constitute a waiver by Lender of any of Lender's rights under the Mortgage and any
assignment of leases or rents contained therein, or in a separate instrument or in any way release
the Landlord from any of the terms, conditions, obligations, covenants and agreements of the
Mortgage.
927545.11 7/19105 C-4
11. Certification. Tenant hereby certifies to and agrees with Landlord and Lender as
follows, with the understanding that Landlord and Lender are relying on such certifications and
agreements:
A. the Lease is in full force and effect;
B. all requirements for the commencement and validity of the Lease have
been satisfied;
C. Tenant is not in default under the Lease; to the best of Tenant's
knowledge, information and belief, the Landlord is not in default under the Lease; no act, event
or condition has occurred, which with notice or the lapse of time, or both, would
constitute a default by Tenant or Landlord under the Lease; no claim by Tenant of any nature
exists against Landlord under the Lease; and all obligations of Landlord have been fully
performed;
D. there are no defenses, counterclaims or setoffs against rents or charges due
or which may become due under the Lease;
E. none of the rent which Tenant is required to pay under the Lease has
been prepaid, or will in the future be prepaid, more than one month in advance;
F. Tenant has no right or option contained in the Lease or in any other
document to purchase all or any portion of the Premises;
G. the Lease has not been terminated, modified or amended. The Lease
shall not hereafter be terminated, modified or amended without the prior written consent of
Lender in each instance; and
H. Tenant has not assigned, mortgaged, sublet, encumbered or otherwise
transferred any or all of its interest under the Lease to any party and no other consents to the
execution of this agreement by the Tenant are required from any other party.
12. Authority. Tenant, Landlord and Lender covenant and agree that the persons
signing on their behalf have full power, authority and authorization to execute this Agreement,
without the necessity of any consents, authorizations or approvals, or if such consents,
authorizations or approvals are required they have been obtained prior to the execution hereof.
13. Governing Law. For purposes of any action or proceeding arising out of this
Agreement, the parties hereto expressly submit to the jurisdiction of all federal and state courts
located in the State in which the Premises is located (the "State") and Landlord, Tenant and
Lender consent that they may be served with any process or paper by registered mail or by
personal service within or without the State in accordance with applicable law. Furthermore,
Landlord and Tenant waive and agree not to assert in any such action, suit or proceeding that it is
not personally subject to the jurisdiction of such courts, that the action, suit or proceeding is
brought in an inconvenient forum or that venue of the action, suit or proceeding is improper.
This Agreement shall be governed by and construed in accordance with the laws of the State.
323545.11 7/19MS C-5
14. Notices. All notices, consents, approvals or other instruments required or
permitted to be given by either party pursuant to this Agreement shall be in writing and given by
(i) hand delivery, (ii) facsimile, (iii) express overnight delivery service or (iv) certified or
registered mail, return receipt requested, and shall be deemed to have been delivered upon (a)
receipt, if hand delivered, (b) transmission, if delivered by facsimile, (c) the next business day, if
delivered by express overnight delivery service, or (d) the third business day following the day of
deposit of such notice with the United States Postal Service, if sent by certified or registered mail,
return receipt requested. Notices shall be provided to the parties and addresses (or facsimile
numbers, as applicable) specified below:
If to Landlord : Finance Department
Attn; N. Gregory Petrick
Uni-Marts, LLC
477 East Beaver Avenue
State College, PA 16801-5690
Telephone: 814-234-6000
Telecopy: 814-234-3277
If to Tenant:
Telephone:
Telecopy:
If to Lender:
Telephone:
Telecopy:
or to such other address or such other person as any party may from time to time hereafter specify
to the other parties hereto in a notice delivered in the manner provided above.
15. Waiver and Amendment. No provisions of this Agreement shall be deemed
waived or amended except by a written instrument unambiguously setting forth the matter
waived or amended and signed by the party against which enforcement of such waiver or
amendment is sought. Waiver of any matter shall not be deemed a waiver of the same or any
other matter on any future occasion.
16. Captions. Captions are used throughout this Agreement for convenience of
reference only and shall not be considered in any manner in the construction or interpretation
hereof.
17. Severability. The provisions of this Agreement shall be deemed severable. If any
part of this Agreement shall be held unenforceable, the remainder shall remain in
823545.11 7/19MS C-6
full force and effect, and such unenforceable provision shall be reformed by such court so as to give
maximum legal effect to the intention of the parties as expressed therein.
18. Waiver of Jury Trial and Punitive, Consequential, Special and Indirect
Damages. LANDLORD, TENANT AND LENDER HEREBY KNOWINGLY,
VOLUNTARILY AND INTENTIONALLY WAIVE THE RIGHT EITHER MAY HAVE TO A
TRIAL BY JURY WITH RESPECT TO ANY AND ALL ISSUES PRESENTED IN ANY
ACTION, PROCEEDING, CLAIM OR COUNTERCLAIM BROUGHT BY ANY OF THE
PARTIES HERETO AGAINST ANY OTHER PARTY HERETO OR ITS RESPECTIVE
SUCCESSORS WITH RESPECT TO ANY MATTER ARISING OUT OF OR IN
CONNECTION WITH THIS AGREEMENT OR ANY DOCUMENT CONTEMPLATED
HEREIN OR RELATED HERETO. THIS WAIVER BY THE PARTIES HERETO OF ANY
RIGHT TO A TRIAL BY JURY HAS BEEN NEGOTIATED AND IS AN ESSENTIAL
ASPECT OF THEIR BARGAIN. FURTHERMORE, LANDLORD AND TENANT HEREBY
KNOWINGLY, VOLUNTARILY AND INTENTIONALLY WAIVE THE RIGHT THEY MAY
HAVE TO SEEK PUNITIVE, CONSEQUENTIAL, SPECIAL AND INDIRECT DAMAGES
FROM LENDER WITH RESPECT TO ANY AND ALL ISSUES PRESENTED IN ANY
ACTION, PROCEEDING, CLAIM OR COUNTERCLAIM BROUGHT BY LANDLORD OR
TENANT AGAINST LENDER OR ITS SUCCESSORS WITH RESPECT TO ANY MATTER
ARISING OUT OF OR IN CONNECTION WITH THIS AGREEMENT OR ANY
DOCUMENT CONTEMPLATED HEREIN OR RELATED HERETO. THE WAIVER BY
LANDLORD AND TENANT OF ANY RIGHT THEY MAY HAVE TO SEEK PUNITIVE,
CONSEQUENTIAL, SPECIAL AND INDIRECT DAMAGES HAS BEEN NEGOTIATED BY
THE PARTIES HERETO AND IS AN ESSENTIAL ASPECT OF THEIR BARGAIN.
19. Successors. All provisions, covenants and agreements contained in this
Agreement shall bind, inure to the benefit of, and equally relate to, Tenant, and its successors and
assigns, jointly and severally, Landlord, and its successors and assigns, jointly and severally, and
Lender, and its successors and assigns, or other holder or holders of the Note, including an
endorsee, assignee or pledgee of the Note receiving title thereto by or through Lender, or its
successors or assigns.
20. No OtherAgreementx THIS AGREEMENT REPRESENTS THE FINAL
AGREEMENT BETWEEN THE PARTIES AND MAY NOT BE CONTRADICTED BY
EVIDENCE OF PRIOR, CONTEMPORANEOUS OR SUBSEQUENT ORAL AGREEMENTS
OF THE PARTIES. THERE ARE NO UNWRITTEN ORAL AGREEMENTS BETWEEN
THE PARTIES.
21. Counterparts. This Agreement may be signed in counterparts.
IN WITNESS WHEREOF, the parties have executed and delivered this Agreement as
of the date set forth above.
TENANT:
927545.11 7/19/05 C-7
i
By:
By:
Its:
LANDLORD:
UNI-MARTS, LLC
Its:
LENDER:
$23 545.11 7/19A5
By:
Its:
[INSERT ACKNOWLEDGEMENTS]
C-8
Exhibit
FUEL SUPPLY AGREEMENT
THIS AGREEMENT, made this I- day of POC,0?f 2005 by and between
UNI-MARTS, LLC, a Pennsylvania limited liability company, with its principal place of
business at 477 East Beaver Ave., State College, PA ("Seller") and SAIMA
INTERNATIONAL, INC., a Pennsylvania corporation ("Buyer"), having its principal place of
business at is 2203 Glen Allen Avenue, Apt T-2, Silver Spring, MD 20906., with regard to the
operating location listed at 50 EAST MAIN STREET, RTE 641, PLAINFIELD, PA 17081
(hereinafter called the "Marketing Premises").
1. Products, Quantities. Seller shall sell, and Buyer shall purchase and accept from
Seller, such quantities of motor fuels as Buyer shall order from time to time during the term of
this Agreement for delivery at the Marketing Premises. Seller agrees to sell to Buyer, and Buyer
agrees to purchase from Seller, the motor fuel products covered by this Agreement in the
quantities shown on the Commodity Schedule, attached hereto.
If Buyer requests deliveries of motor fuels in excess of the maximum quantity set forth
on the Commodity Schedule, Seller may elect to accept such requests where, in its sole
discretion, Seller determines such additional quantities are available. However, Seller is in no
way obligated to provide any motor fuels deliveries in excess of the maximum quantities set
forth on Commodity Schedule. Any sale of motor fuels in excess of the quantities specified
herein shall be subject to the terms and conditions set forth herein. In the event that Seller is
unable to furnish all of Buyer's motor fuel requirements at any time, Buyer may, during the
period of Seller's inability to perform, purchase motor fuel from other sources, provided that
Buyer commits no commingling or misbranding. Buyer's obligation to purchase motor fuels as
provided herein may be reduced, at the sole option of the Seller, if the underground storage tanks
607772.9 VIM
of the Marketing Premises are repaired or replaced.
Any petroleum products purchased by Buyer from Seller (except motor fuel products
specifically covered by another Agreement between Buyer and Seller), including petroleum
products not listed above, shall be covered by the terms and conditions of this Agreement.
Nothing herein contained shall be construed as a waiver of any law, ordinance, lease
and/or agreement prohibiting use of UNI-MART owned and/or UNI-MART-branded
dispensing facilities for the storage and sale of other than UNI-MART-brand products. Motor
fuel products, grades, trademarks and packaging shall be similar to those marketed and used by
Seller at times of deliveries with similarly branded dealers in Buyer's area, all as determined by
Seller. Seller may, at any time or from time to time, change the grade, brand name, or other
distinctive designation of any motor fuel product herein listed, and such motor fuel products as
so changed shall remain subject to this Agreement. Seller shall have the right to change the fuel
brand covered by this Agreement at any time, in which event all references to UNI-MART shall
be deemed to refer to the new fuel brand at the time of this Agreement.
2. Term. Unless sooner terminated as hereinafter provided, the term of this Agreement
shall be for a period of ten (10) years from (i) the closing date of Buyer's purchase of the
Marketing Premises, or (ii) any re-imaging or rebranding of the Marketing Premises ("Re-
Imaging") during Buyer's occupancy thereof, whichever is later (the "Initial Term"). The Initial
Term shall automatically be extended until such time as Buyer has fulfilled its obligation, if any,
of selling the total number of motor fuel product gallons during the Initial Term of this
Agreement as stated in the Commodity Schedule. Buyer may elect not to renew this Agreement
after the Initial Term by providing written notice to Seller of such election at least ninety (90)
days prior to the end of the Initial Term (the "Termination Notice"). If Seller does not receive
II-22-02 2
607772 9 7119ros
the Termination Notice by the required date, this Agreement shall automatically renew for a
period of ten (10) years from (i) the expiration of the Initial Term, or (ii) any Re-Imaging of the
Marketing Premises during Buyer's occupancy thereof following the Initial Term, whichever is
later (the "Renewal Term").
If Buyer delivers a Termination Notice to Seller during the Initial Term, Seller
and Buyer agree to negotiate for a period of thirty (30) days in good faith, to enter into a new
Fuel Supply Agreement. If Seller and Buyer are unable to reach an agreement during such
period of time to their mutual satisfaction, then Buyer may enter into a fuel supply agreement
with an unaffiliated alternative provider (the "Alternative Agreement"). Prior to Buyer
executing any Alternative Agreement, however, Buyer must provide Seller with a copy of the
Alternative Agreement and allow Seller an opportunity to enter into an agreement with Buyer on
the same business terms as the Alternative Agreement. Seller shall have ten (10) working days
from the date of its receipt of the Alternative Agreement to notify Buyer of its acceptance of any
such offer. If Seller does not so elect within the 10-day period, Buyer may, within a period of
ten (10) working days thereafter, enter into the Alternative Agreement. As a condition to
Buyer's execution of an Alternative Agreement, Buyer must sign an agreement satisfactory to
Seller which indemnifies Seller from any environmental liability from the use and/or possible
misuse of the underground storage tanks by any alternative fuel supply company (and such
indemnification shall be in addition to the environmental indemnifications made by Buyer to
Seller under the Lease Agreement between Seller and Buyer of even date herewith (the "Lease
Agreement")).
3. Prices, Terms, Deliveries. The Buyer will purchase motor fuel products from the
Seller as defined in the attached Commodity Schedule. Deliveries shall be made at the
11-22-o2 3
607772.9 7119M
Marketing Premises and shall be promptly received by Buyer. Payment terms for each delivery
are set forth on the Commodity Schedule.
4. Trademarks, Brand Names. During the term of this Agreement Buyer shall have the
right to use UNI-MART trademarks and brand names in accordance with UNI-MART
specifications, allowances and provisions set forth in the agreement between UNI-MART and
Seller. In the event UNI-MART requires image improvements or changes (e.g., canopies,
dispensers, signs, etc.), Seller and Buyer shall equally share the cost of such image
improvements (the "Re-Imaging") and extend the term of this Agreement by the appropriate
number of years to cover any such payments and/or costs (provided that Buyer remains the
tenant under the Lease Agreement during such extension period). Buyer shall not mix, blend,
commingle or adulterate Seller's motor fuel products with any other motor fuel or substance.
Motor fuels dispensed from equipment bearing the UNI-MART identification shall be UNI-
MART motor fuel purchased from and delivered by Seller. Buyer will not remove, alter or de-
brand the UNI-MART identification from the dispensing equipment, except as otherwise
provided in paragraph 1. Any violation of the provisions of this paragraph by Buyer shall
constitute a default under this Agreement and shall give Seller the right to immediately terminate
this Agreement.
During the term of this Agreement, Buyer must continually have available for sale
to the public a representative amount of the UNI-MART motor fuels through dispensing
equipment bearing the UNI-MART names. "Representative amount" means a sufficient supply
of each grade and type of motor fuel so that Buyer shall at no time be out of and always have
each grade and type available for sale.
In addition, if Buyer fails to meet Seller's minimum standards as set forth in
11-22-02 4
607772.9 7/19/05
paragraph 7, or if the Marketing Premises are unopened or abandoned for a period of thirty (30)
days, Seller shall have the right to terminate this Agreement. In the event this Agreement is
terminated, (a) Buyer's right to use of UNI-MART color scheme, trademarks, brand names,
slogans, and advertising shall cease; (b) Buyer shall return to Seller all such advertising and
promotional material in Buyer's possession; (c) the Marketing Premises must be de-identified
and Buyer will bear the expense of any de-identification, which would include payment to UNI-
MART for any unamortized portion of Seller's imaging funds; and (d) Buyer hereby grants
Seller and its contractors permission to enter upon the Marketing Premises to the extent
necessary to complete such de-identification.. Buyer acknowledges and recognizes that
injunctive relief is essential for the adequate remedy of any violation of the provisions of this
paragraph 4 by Buyer. Buyer further agrees to pay Seller's reasonable attorney fees in the event
the same has been initiated by Seller or UNI-MART to enforce any of the provisions of this
paragraph
5. Product Quali Control. Buyer shall protect the quality of motor products delivered
to the Marketing Premises by the Seller. The Buyer shall inspect storage tanks daily for water
accumulation and shall notify the Seller immediately if water exceeds three-fourths of an inch
depth for any tank. The Seller may refuse to make motor fuel deliveries into such a storage tank
or tanks until the problem is corrected. Buyer shall monitor inventory of underground tanks
daily, and reconcile inventory records at least daily. Buyer shall also keep a daily log of all
underground tank inventory readings. The Buyer shall accept all deliveries of motor fuel
products as recorded on the terminal bill of lading.
The sale and distribution of motor fuels is subject to state and federal regulation and the
Clean Air Act. This obligation addresses both the role of the Seller and Buyer in handling motor
11-22-oz 5
60M19 7/19/OS
fuel products. Seller certifies that the motor fuel products delivered will, at the time of delivery,
meet or exceed the specifications under applicable governmental regulations. The Buyer hereby
covenants and agrees that the Buyer will exercise the highest degree of care and diligence in the
handling, storing and sale of motor fuels. Buyer shall not cause or condone any contamination,
mixing or adulteration of Seller's motor fuel products. Buyer shall immediately notify Seller of
any suspicion that the motor fuel products are contaminated in any way. Buyer's failure to
prevent contamination of motor fuel products subsequent to delivery shall constitute a default
hereunder. Seller shall not be responsible for any damages arising from contaminated motor fuel
products unless it is demonstrated by a preponderance of the demonstrable evidence that Seller's
motor fuel products delivered to Buyer were contaminated prior to delivery to Buyer. At Seller's
request, Buyer agrees to provide Seller with results of any tests of the motor fuel products
conducted by or for Buyer and further agrees to permit Seller to conduct any additional tests as
Seller may require.
6. Socifications• Brand Name. The Seller, at the sole discretion of UNI-MART at any
time during the term of this Agreement, shall have the right to change, alter, amend, or eliminate
any of the trade names, trademarks, or brands of petroleum products covered by this Agreement.
The Seller, at the sole discretion of UNI-MART at any time during the term of this Agreement,
may also either (a) change or alter the quality, grade, or specifications of any motor fuel products
covered by this Agreement or (b) discontinue or reduce the availability of any such motor fuel
products. The Seller shall give the Buyer written notice of discontinuance or reduction
availability of any motor fuel products covered by this Agreement.
7. Customer Service. Buyer agrees that, while using any trademark, brand name, or
other identification of UNI-MART, Buyer shall: (a) render prompt, fair, courteous and efficient
11-22-02 6
607772.9 7119105
service to Buyer's customers; (b) promptly investigate all customer complaints and make such
adjustments that are reasonable and appropriate; (c) maintain the Marketing Premises, which
includes maintaining the appearance of the building, painting dispenser islands and curbing twice
a year, maintaining any landscaping and maintaining the parking lot (including repair of pot
holes and striping of the lot); (d) provide qualified, uniformed attendants to render good service
to customers; (e) keep the rest rooms open at all times during business hours and keep such rest
rooms clean, sanitary, and furnished with adequate supplies; and (f) not employ or permit any
illegal, unethical, deceptive, or unfair practices in conflict with Buyer's business.
8. Hours of Operation. Buyer hereby acknowledges the importance to both parties to
operate hours that are competitive and consistent with Seller's strategy to recognize customer
convenience. To this end, Buyer will operate the Marketing Premises in the manner required
herein, a minimum of 19 hours per day, from 5:00 am - 12:00 pm eastern time, each day of the
week, during the term of this Agreement.
9. Personal Supervision. This Agreement is made on the condition, and with the
understanding, that the Marketing Premises will be under the direct, daily, on site supervision of
BUYER, who will personally manage and oversee daily operation of the Marketing Premises at
least 20 hours per week.
10. Access. Seller and its representatives shall have full and unrestricted rights of
ingress and egress at the Marketing Premises, during normal business hours and upon reasonable
advance notice, for purpose of providing business counsel, advice, training and inspecting the
Marketing Premises and any loaned equipment, performing annual required testing of the tanks
and tank lines, to remedy any default by the Buyer hereunder, to assist Buyer in operating the
Marketing Premises consistent with the standards provided for herein, to audit and examine
11-22-02
607772.9 VIM
Buyer's accounting records, to determine Buyer's compliance with this Agreement, and
otherwise to exercise Seller's rights, options and privileges under this Agreement.
11. Financial Statements. Buyer shall provide Seller with financial statements and
other information relative to Buyer's creditworthiness, when requested by Seller. Buyer
represents that such information will be prepared in accordance with generally accepted
accounting principles and practices, consistently applied, fairly and accurately reflecting Buyer's
financial position, and may be relied upon by Seller in doing business with, and in extending
credit to, Buyer.
12. Deliveries. The Marketing Premises is the delivery point for all motor fuel
products sold by Seller to Buyer. Seller is not required to deliver less than 100% of capacity of
truck used for delivery of motor fuels to Buyer. Seller may impose, and Buyer shall pay handling
charges as determined by Seller, for deliveries of less than 100% of capacity of truck, and for
deliveries made at Buyer's request that are not in accordance with Seller's normal delivery
practices. Buyer grants the Seller the right to deliver motor fuel products during Buyer's normal
operating hours, and at other times upon payment of delivery surcharges as set forth in the
Commodity Schedule. Buyer shall notify Seller immediately of any changes in Buyer's normal
operating hours.
Seller will not deliver motor fuel products into any storage system that does not
adequately protect against spill and overfill or is unfit or unsafe for the storage or handling of
motor fuels in Seller's reasonable judgment. Buyer must protect the storage system from unsafe
conditions, and Buyer is solely responsible for all damages to persons or property that in any
way result from Buyer's failure to protect the storage system (except for Seller's obligations with
respect to the underground storage tanks as set forth in the Environmental Indemnity and Service
11-22-02 g
60777.9 7119105
Agreement between Seller and Buyer). Buyer shall be responsible to ensure that the storage
system will take the volume of motor fuels ordered and shall employ good management practices
to prevent spill and overfill discharges of motor fuel products at the Marketing Premises.
13. Compliance with Laws. Seller shall be responsible for compliance with all laws
and regulations pertaining to underground storage tanks, including obtaining all necessary
registrations, licenses and permits, to the extent set forth in the Environmental Indemnity and
Service Agreement between Seller and Buyer. Buyer shall be solely responsible for complying
with all applicable laws, regulations and rules of all governmental authorities regarding:
a. reporting and paying all taxes.
b. maintenance and cleanliness of the Marketing Premises.
C. compliance with laws pertaining to the hiring, discharge and compensation of
employees.
d. compliance with US Department of Labor Regulations.
e. polluting water, ground and air with any substance or product.
f. waste handling.
g. vapor recovery equipment.
h. posting and certifying of required octane and motor fuel requirements.
i. the Clean Air Act.
14. Claims; Bar Date: Damages Release. Seller shall have no liability to Buyer for any
alleged defect in quality or errors in quantity of any motor fuel products delivered ("Claim")
unless (A) Buyer gives Seller written notice of Buyer's Claim within: (i) two (2) business days
after delivery for errors in quantity of products or (ii) within four (4) business days after
discovery of alleged quality deficiencies; and (B) with respect to quality Claims, Buyer provides
11-z2-0z q
607772.9 7/19105
Seller with reasonable opportunity to inspect the motor fuel products and take test samples. Any
other Claim by Buyer of any kind, based on or arising out of this Agreement or otherwise, shall
be waived and barred unless Seller is given written notice within ninety (90) days after the event,
action or inaction to which such Claim relates. In no event shall Seller be liable for lost profits
or for special, indirect or consequential damages, except as otherwise provided by applicable
law.
15. Force Majeure. Seller shall be excused from delay or nonperformance hereunder if it
is unable to meet Buyer's demand for motor fuel products if UNI-MART has diverted certain
supplies from such distribution points in order to alleviate shortages at other distribution points
or has otherwise exhausted or reduced the availability of motor fuel products. Either party shall
be excused from delay or nonperformance in the event of any condition whatsoever beyond said
party's reasonable control, including without limitation, unavailability, failure, or delay of
transportation; Acts of God; labor difficulties; explosions; storms; breakdown of machinery or
equipment; fire; riot, terrorist or war conditions in this or any other country; or compliance with
any law or governmental order, regulation recommendation, request or allocation program
(whether voluntary or involuntary), which directly or indirectly affects said party's ability to
perform hereunder.
In the event of any of the conditions referred to in the paragraph above, Seller shall
have the right to curtail deliveries or allocate its supply of motor fuel products for sale among its
customers in any manner, which, in its sole discretion, it determines to be fair and reasonable
under the circumstances, and shall not be obligated to obtain or purchase other supplies of motor
fuel products or to in any way make up any motor fuel products not delivered. Buyer shall not
hold Seller responsible in any manner for any losses or damages suffered by Buyer as a result of
11-22-02 1 0
607772.9 7119/05
any such curtailment or allocation by Seller.
16. Indemni . Buyer shall defend, indemnify and hold Seller, its agents, servants,
employees, successors, and assigns, harmless from and against any fines, penalties, charges, or
expense, for violation of any law, ordinance or regulation, caused by any act or omission,
whether negligent or otherwise, of Buyer or its agents, servants, or employees.
Seller shall defend, indemnify and hold Buyer, its agents, servants, employees,
successors, and assigns, harmless from and against any fines, penalties, charges, or expenses, for
violation of any law, ordinance or regulation, caused by any act or omission, whether negligent
or otherwise, of Seller or its agents, servants, or employees.
17. Expenses, Permits. Except as otherwise provided in this Agreement, Buyer shall pay
all expenses, taxes, and fees in connection with the maintenance and operation of the Marketing
Premises and the business conducted thereon, and shall comply with all applicable governmental
laws and regulations. Such expenses shall include a monthly fee imposed by Seller for Buyer's
access to and use of the POS network, if applicable. Seller and Buyer shall pay for the expenses
and fees of permits and licenses as provided in the Lease Agreement.
18. Default Termination. Non-Renewal, Notice, Right of Termination Due to
Governmental Rights.
(a) Default. If Buyer is in default of any terms or conditions hereunder or under the
Lease Agreement, Seller may suspend deliveries during such period of default and may terminate
or non-renew as provided hereunder or as otherwise provided by law.
(b) Termination or Non-Renewal of Agreement and Relationship.
(i) This Agreement is subject to and governed by the Petroleum Marketing
Practices Act, which is made a part of this Agreement for purposes of expressing the
11-2i-02
607772.9 7/19105
grounds upon which it may be terminated or non-renewed by the Seller. Seller's right to
terminate or non-renew under the Act shall be in addition to, and not in extinguishment
of, all other rights and remedies provided in favor of Seller by applicable law and this
Agreement. Therefore, if Buyer fails substantially to comply with, or violates, any
material requirement imposed upon the Buyer in this Agreement, Seller may terminate or
non-renew as permitted.
(ii) Prior to the end of the term of this Agreement, Seller may decide to renew
and continue the Agreement, on the basis of proposed changes and additions to the
provisions hereof, and shall advise Buyer of same. All such changes and additions
proposed by Seller shall be the result of determinations made by Seller in good faith and
in the normal course of business. Should the parties fail to agree upon such changes and
additions, Seller shall have the right, upon notice to Buyer, to non-renew this Agreement.
Should the parties agree upon such changes and additions, the Agreement shall be
renewed, subject to and in accordance with the agreed changes and additions, and the
execution by both parties of a renewal agreement.
(iii) Seller shall have thirty (30) days after termination or non-renewal to enter
upon the Buyer's Marketing Premises at any time during normal business hours, for the
purposes of taking possession and of removing Seller's loaned equipment, including
dispensing equipment, credit card equipment and signs.
(c) Notice. Should any circumstance occur constituting grounds for termination or non-
renewal of this Agreement, including but not limited to those set forth in subparagraph (a) and
(b) of this paragraph 18, Seller shall give Buyer and Buyer's primary lender (if known by Seller)
thirty (30) days prior written notice thereof stating the reasons therefor and the date on which
11-22-02 12
607772.9 7119/05
termination or non-renewal shall take effect.
(d) Right of Termination Due to Government Action. If any federal, state or local
government action results in the adoption of orders, rulings, regulations, or laws that (i)
significantly alter the reasonable expectations of the parties at the time of entering into this
Agreement, or (ii) result in the imposition of any obligation upon Buyer to install or construct
equipment, facilities, or improvements on the Marketing Premises and, in Buyer's judgment, the
cost of installation and construction would be uneconomical, or (iii) modify in any way the
present relationship between Seller and UNI-MART, then either party may terminate this
Agreement upon not less than one hundred and eighty (180) days' written notice to the other
party.
19. Credit Cards. The terms and conditions for administration of credit cards are set
forth on the Commodity Schedule, attached hereto. The Buyer is permitted to accept any credit
cards as long as Buyer follows all appropriate UNI-MART credit card guidelines. The Buyer
will be responsible for any chargebacks resulting from non-compliance with the UNI-MART
credit card guidelines.
20. Labeling and Pasting. Buyer shall comply with all health, labeling or pasting
requirements of any governmental agency, manufacturer, Seller or the UNI-MART.
21. Representations and Assurances. Seller has entered into this Agreement in reliance
on Buyer's representations to Seller of its desire to operate a retail facility selling UNI-MART
brand products at the Marketing Premises. Furthermore, Buyer represents to Seller that it will
conduct its business so as to maintain and enhance the public acceptance of UNI-MART
trademarks and products. Buyer agrees to use its best good faith efforts to promote and
maximize the sale of Seller's products, and to refrain from conduct, which will detract from the
11-22-02 13
607772.9 7/19106
value of UNI-MART trademarks. Except as otherwise expressly provided herein, at all times,
Buyer shall keep visible and legible UNI-MART logos, signs, trademarks, and brand names
which are affixed to, located upon or associated with pumps, signs, or merchandising equipment
used in connection with the sale of UNI-MART products at Buyer's Marketing Premises. The
obligations assumed by Buyer herein are the very essence of this Agreement, and Buyer's failure
or refusal to comply therewith shall constitute grounds for termination or non-renewal of this
Agreement.
22. Relationship of Seller and Buyer. Buyer is an independent business, and nothing in
this Agreement shall be deemed as creating any right for Seller to exercise any control over, or to
direct in any respect, the conduct or management or Buyer's business. Neither Buyer nor any
person performing work at the Marketing Premises for, or on behalf of, Buyer shall be deemed
an employee or agent for Seller.
23. Notices. All notices hereunder shall be in writing and shall be sent by certified or
registered mail, return receipt requested, to the address specified in the opening paragraph of this
Agreement, unless changed by either party pursuant to a notice hereunder. Notice shall be
deemed given on the date such notice is deposited in the United States mail, postage prepaid and
properly addressed.
24. Severabiliv. If any provision of this Agreement, or any portion thereof, or the
application thereof to any person or circumstance is determined by a court of competent
jurisdiction to be invalid or unenforceable, such invalidity or unenforceability shall not affect the
other provisions of this Agreement.
25. Significance of Terms and Conditions. The parties hereto agree that in all respects,
the terms and conditions herein are reasonable and of material significance to the relationship of
11-22-02 14
607772 9 7119/05
the parties, and any breach of any term or condition by either party shall be conclusively deemed
to be material and adverse.
26. Entire Agreement. This instrument, including any documents incorporated
hereunder, contains the entire agreement covering the subject matter, and supersedes any prior
verbal or written contract, agreement, representation or understanding between the parties
relating to motor fuel supplies to the Marketing Premises.
27. Envoy Training. Buyer shall be required, prior to the commencement of this
Agreement, to attend that amount of training on the Envoy system so as to be deemed by Seller
competent in its operation. Failure to attend said training may result in the delay of Seller's
delivery to Buyer of motor fuel.
28. Miscellaneous. Any attempt to assign this Agreement by Buyer without Seller's
prior written consent, which shall not be unreasonably withheld, delayed or conditioned (and in
determining whether to grant such consent, Seller may consider the financial condition,
reputation and character of the proposed assignee, and its contemplated use of the Marketing
Premises), shall constitute a default under this Agreement and any such attempted assignment
shall be void. The headings of the paragraphs of the Agreement are for convenience only and in
no way limit, amplify or otherwise affect the terms and conditions herein. Seller's right to
require strict performance shall not be affected by any previous waiver or course of dealing.
No modification of this Agreement shall be binding unless in writing and signed by Seller's and
Buyer's authorized representatives.
IN WITNESS WHEREOF, the parties hereto, each intending to be legally bound hereby,
have executed this Retail Dealer Agreement the date and year first above written.
11-22-02 15
607772.9 7/19105
UNI-MARTS, LLC
BY:
o0z D. Sakaltian
anager
SAIMA INTERNATIONAL, INC.
BY:
Aijaz A. Shaikh
President
11-22-02 16
607772.9 7/19/05
WITNESS:
BY:
WITNESS:
BY: 5.1rM-•+e?wK? .
UNI-MARTS, LLC
COMMODITY SCHEDULE
DATED u t a , 2005
BUYER/ENTERPRISE NAME: SAIMA INTERNATIONAL, INC.
PRODUCTS: MOTOR FUELS
DELIVERY POINT: 50 EAST MAIN STREET, RTE 641, PLAINFIELD, PA 17081
GRADES: ALL GRADES
This schedule is attached to and made part of a Fuel Supply Agreement between Buyer and
Uni-Marts, LLC (the "Seller") dated 2005.
1. Quantity. The quantity of Products covered by this Agreement shall be all of
Buyer's motor fuel product requirements, but in no case less than a minimum of 612,000 gallons
per year and a maximum of 710,000 gallons per year'. The maximum and minimum figures shall
be reviewed annually by Buyer and Seller. If, during any annual period of this Agreement, Buyer
fails to purchase the minimum annual quantity set forth in this Commodity Schedule, Buyer shall
pay to Seller, within thirty (30) days of the end of such annual period, an amount determined by
multiplying two cents ($.02) times the difference between the quantity of gallons actually
purchased during such annual period and the minimum annual quantity of gallons as set forth in
this Commodity Schedule.
2. Delivery. The Delivery shall be complete on the unloading of the transport truck at
the Buyer's Marketing Premises.
' If a gallonage number is filled in below, Buyer agrees that the Initial Term of the Fuel Supply Agreement shall be
extended, if necessary, until Buyer has sold the following total number of motor fuel product gallons at the Marketing
Premises:
N/A gallons
607724 6 109105
3. Price. The price to be paid by Buyer per gallon shall be Seller's tank wagon price,
(the "Delivered Price"), which is defined as: (1) UNI-MART Rack price for the closest terminal
that offers the best price as quoted through DTNergy (or similar data service provider), (2)
applicable taxes, (3) reasonable hauling charges, which shall not exceed Seller's actual hauling
charges, (4) split load charges (if applicable), (5) delivery surcharges for Sunday and holiday
deliveries, (6) any applicable state Superfund charges, (7) delivery surcharge for increased fuel cost
to hauling company (if applicable), and (8) two cents per gallon. Invoice from Seller to Buyer will
set forth the gallons delivered multiplied by the Delivered Price, plus the applicable EFT bank fees
(the "Invoice Amount").
4. Credit Cards. All credit card purchases will be directly credited to Seller by
PAYMENTECH. Seller will credit Buyer's account by electronic fund transfer ("EFT") into the
provided bank account.
5. Deposit. Buyer will deposit with Seller a $15,000 Collateral Deposit in accordance
with terms of the attached Collateral Deposit Agreement.
6. Payment Terms. The Buyer will pay 100% of the Invoice Amount, less credit card
receipts by Seller for transactions with Buyer through the day before the applicable date of
delivery, by EFT from Buyer's provided bank account one day after delivery date for deliveries
made on normal business days (Monday through Thursday). For deliveries made on Friday,
Saturday, Sunday or a legal holiday, Buyer will pay 95% of the estimated Invoice Amount, less
credit card receipts by Seller for transactions with Buyer through Thursday, by EFT on Friday, with
the remaining balance EFT'd on the next business day. The EFT will be initiated by the Seller for
the total amount due from the Buyer's bank account. Buyer is responsible for all bank fees
associated with the EFT.
607724.6 7119/05
7. Rent Credit. From time to time Seller may receive a cash payment term discount
from certain oil companies and/or distribution companies which supply motor fuel products to
Seller (the "Cash Payment Discount"). Buyer and Seller acknowledge that they have both also
entered into a Lease or Sublease permitting Buyer to occupy the Marketing Premises (the "Property
Lease"). Seller agrees to provide a credit equal to any such Cash Payment Discount to Buyer in the
form of a credit toward Buyer's immediately succeeding monthly rent obligation under the
Property Lease. Any such credit will be accounted for and delivered to Buyer in the form of a
notice of credit against the next monthly rent installment due to Seller. In the event that Seller is no
longer the landlord at the Marketing Premises, Seller will provide a credit to Buyer on the
immediately succeeding Invoice Amount hereunder.
IN WITNESS WHEREOF, the parties hereto have executed this Commodity Schedule on
the date provided above.
By:
Its:
SAIMA INTERNATIONAL, INC.
By: JA G^ ,--
Its: Presiden
607721.6 7119/05
UNI-MARTS, LLC
UNI-MARTS, LLC
COMMODITY SCHEDULE
DATED ?, 2005
BUYER/ENTERPRISE NAME: SAIMA INTERNATIONAL, INC.
PRODUCTS: KEROSENE
DELIVERY POINT: 50 EAST MAIN STREET, RTE 641, PLAINFIELD, PA 17081
This schedule is attached to and made part of as Fuel Supply Agreement between Buyer and
,2005.
Uni-Marts, LLC (the "Seller") datedAKYS? °-
1. Quantity. The quantity of Products covered by this Agreement shall be all of
Buyer's kerosene product requirements.
2. Delivery. The Delivery shall be complete on the unloading of the tank wagon or
transport truck at the Buyer's Marketing Premises.
3. Price. The price to be paid by Buyer per gallon shall be Seller's tank wagon price,
(the "Delivered Price"), which is defined as: (1) Seller's Rack price for the closest terminal that
offers the best price as quoted through DTNergy (or similar data service provider), (2) applicable
taxes, (3) reasonable hauling charges, which shall not exceed Seller's actual hauling charges, (4)
split load charges (if applicable), (5) delivery surcharges for Sunday and holiday deliveries, (6) any
applicable state Superfund charges, (7) delivery surcharge for increased fuel cost to hauling
company (if applicable), and (8) two cents per gallon. Invoice from Seller to Buyer will set forth
the gallons delivered multiplied by the Delivered Price, plus the applicable EFT bank fees (the
"Invoice Amount").
607889.2 7/19/05
4. Payment Terms. The Buyer will pay 100% of the Invoice Amount, less credit card
receipts by Seller for transactions with Buyer through the day before the applicable date of
delivery, by EFT from Buyer's provided bank account one day after delivery date for deliveries
made on normal business days (Monday through Thursday). For deliveries made on Friday,
Saturday, Sunday or a legal holiday, Buyer will pay 95% of the estimated Invoice Amount, less
credit card receipts by Seller for transactions with Buyer through Thursday, by EFT on Friday, with
the remaining balance EFT'd on the next business day. The EFT will be initiated by the Seller for
the total amount due from the Buyer's bank account. Buyer is responsible for all bank fees
associated with the EFT.
IN WITNESS WHEREOF, the parties hereto have executed this Commodity Schedule on
the date provided above.
By:
Its:
SAIMA INTERNATIONAL, INC.
By: JA P tv?-,
Its: President
6078392 7119105
Site No.: 04232
Location: 50 East Main Street Route 641
Plainfield PA 17081
County' Cumberland
COLLATERAL DEPOSIT AGREEMENT
FOR AND IN CONSIDERATION of the mutual benefits accruing and expected to
accrue hereunder, UNI-MARTS, LLC of 477 East Beaver Ave., State College, PA ("Seller") and
SAIMA INTERNATIONAL, INC., having a place of business at 2203 Glen Allen Avenue, Apt
T-2, Silver Spring, MD 20906 ("Buyer"), intending to be legally bound, hereby agree as
follows:
BACKGROUND
1. Seller and Buyer are parties to a Fuel Supply Agreement of even date herewith
("Agreement"), which provides, in part, for the purchase and sale of motor fuel products.
2. Buyer's obligation to pay for motor fuel products purchased from Seller are to be secured
by either a Cash Deposit or an Irrevocable Letter of Credit as defined herein (the "Collateral
Deposit") in accordance with the terms of the Agreement.
3. The purpose of this Collateral Deposit Agreement is to set forth the terms and conditions
of such Collateral Deposit.
Terms
1. Buyer has undertaken, and intends to undertake certain and varied financial obligations to
the Seller, whereby Buyer will become indebted to Seller from time to time for or on account of
the purchase of motor fuel products.
2. In order to secure the prompt and full payment of such indebtedness in accordance with
the Agreement, Buyer has deposited with Seller a cash deposit in the amount of $15,000 ("Cash
Deposit") at or before signing of the Agreement. In lieu of the Cash Deposit, Buyer may, at its
option, provide Seller with an Irrevocable Letter of Credit under terms satisfactory to Seller (the
"ILC") and for the benefit of Seller equal to twice the amount of the Cash Deposit at or before
signing of the Agreement. Seller in its sole discretion may require the Cash Deposit, or the
amount of the ILC, to be increased or decreased during the term of this Agreement due to price
fluctuations of motor fuel products. Buyer agrees to fund the additional Cash Deposit or
increase/decrease the amount of the ILC within fifteen (15) business days of Seller's written
notice to Buyer of any such request.
3. Buyer shall pay to Seller any indebtedness whatsoever, which Buyer owes to Seller, by
reason of any obligation now or hereinafter undertaken by Buyer in favor of Seller under the
Agreement.
6101301 7/19/05
4. The Collateral Deposit shall be held by the Seiler as one general continuing collateral
security for the discharge and payment of all or any part of any present, past or future obligation,
indebtedness or liability of the Buyer to the Seller under the Agreement.
5. Buyer hereby authorizes Seller to apply the Collateral Deposit to payment of any
obligation, indebtedness, liability or tax outstanding of Buyer to Seller, or for which Seller may
become liable at any time during, or at the end of, the relationship between Buyer and Seller.
6. Seller shall be the sole determiner of disposition of the Collateral Deposit. Seller's
disposition of the Collateral Deposit shall not release Buyer from any obligation in Buyer's
contractual relationship with Seller. If Buyer shall be in default at any time of requirements set
forth in the Agreement, Seller shall have the right, in addition to any other remedy, to correct
said default and deduct any cost or expense therewith from the Collateral Deposit. Immediately
upon the application of such amount by Seller, Buyer shall pay to Seller an amount equal to that
portion so applied so as to restore the Collateral Deposit to the amount set forth above.
7. At the end of the Agreement, including payment of all indebtedness and liabilities due or
payable to Seller by Buyer, Seller shall return to Buyer any Collateral Deposit funds or unapplied
balance thereof, unless a new Agreement is signed by both parties.
IN WITNESS WHEREOF, the parties have agreed to the terms of this Collateral Deposit
Agreement on this e. day of , 2005.
By:
Its:
SAIMA INTERNATIONAL, INC.
By: jA 01,?, J?O?VVJ,-
Its: President
6103302 7/ 19/05
UNI-MARTS, LLC
F010-1 -IM __7
UnimMart
February 21, 2007
Certified Mail-Return Receipt Requested
SAIMA International, Inc.
1962 Spring Road
Carlisle, PA 17013
Re: Fuel Supply Agreement Initial Term and Incentive Program
Uni-Mart #94232, 50 East Main Street, Plainfield PA 17081
Dear Mr. Shaikh:
I would like to bring two matters to your attention concerning your above-referenced BP-
branded Marketing Premises.
First, pursuant to Section 2 of your Fuel Supply Agreement ("FSA") with Uni-Marts,
LLC, dated August 02, 2005, the Initial Term of the FSA is for ten (10) years from the
later of either the closing date of your purchase of the Marketing Premises or any re-
imaging or rebranding of the Marketing Premises during your occupancy. Subject to the
provisions of the FSA, this confirms that the ending date of the Initial Term is August 02,
2015, which is ten (10) years from the closing date of your purchase of the Marketing
Premises.
Second, I have enclosed a check which reflects a $4,086.85 cents-per-gallon (".01 cpg")
"incentive" payment for your purchases of BP-branded gasoline beginning with the start
of the program October 1, 2005 to September 30, 2006. In consideration of your
agreement under the FSA to purchase annual minimum quantities of motor fuels
throughout the Initial Term of the FSA, and subject to the terms and conditions set forth
in this letter, Uni-Marts shall make the following, annual "incentive"
payments ("Incentives") to you:
2007 -.01 cpg; and,
2008 - .01 cpg, and,
2009- .01 cpg
Uni-Marts' annual payment of the Incentives to you for each of the above years is subject
to the following conditions:
(1) The Marketing Premises must remain branded BP and be open for
business for the resale of BP-branded gasolines for the entire Initial Term;
Uni-Marts, LLC - 477 East Beaver Avenue - State College, PA 16801-5690 - Phone: (814) 234-6000
2/21/2007
Page 2 of 3
Uni-Marts' annual payment of the Incentives to you for each of the above years is subject
to the following conditions:
(1) The Marketing Premises must remain branded BP and be open for
business for the resale of BP-branded gasolines for the entire Initial Term;
(2) The Marketing Premises must meet the image programs (i.e., Helios)
and appearance standards specified by BP, which may change from time
to time;
(3) You have a current FSA with Uni-Marts; and,
(4) You purchase from Uni-Marts the requisite, annual minimum volumes of
motor fuels as set forth in Sections 1 and 3 of your FSA and Section 1 of
the Commodity Schedule for motor fuels that is part of the FSA.
In addition to the obligations above, you will be required to reimburse Uni-Marts within
thirty (30) days of demand for one hundred percent (100%) of the Incentives paid to you
(including the enclosed check) if:
(1) The Marketing Premises are debranded BP prior to the expiration of the
Initial Term for any reason through your own fault or cause; or,
(2) During the years specified above for the Incentives payments, the
Marketing Premises fail to maintain BP's image programs or appearance
standards three (3) or more times through a "secret shopper" or similar
program used by BP to enforce its image programs or appearance
standards.
Further, Uni-Marts' payment of the Incentives is conditioned on the following:
(1) You shall pay all income and other tax, if any, associated with the
Incentives paid by Uni-Marts. You have the responsibility to consult with
your own tax advisor(s) to determine the appropriate characterization of
the Incentives payments for tax purposes;
(2) To the extent reasonably necessary to observe and verify your compliance
with this Incentives program, and in addition to any rights Uni-Marts has
under the FSA, you give Uni-Marts permission to enter the Marketing
Premises and inspect books, dispenser meters, and other records;
2/21/2007
Page 3 of 3
(3) Uni-Marts can withdraw the Incentives program at any time upon thirty
(30) days written notice to you;
(4) This Incentives program does not in any way alter, modify or amend the
FSA, constitute a waiver of any rights Uni-Marts has under the FSA, or
change the nature of the relationship between you and Uni-Marts;
(5) BP retains the right to withdraw or terminate the use of its brand and
a related mark in your market area at any lime, and Uni-Marts retains its
rights under the FSA to substitute brands;
(6) To the extent that you did not purchase the requisite minimum volumes of
motor fuels for the annual period specified in your FSA that ended any
time during 2006, Uni-Marts can seek (notwithstanding the Incentives
payment) the underlifting payment set forth in Section 1 to the
Commodity Schedule which is part of your FSA; and,
(7) Uni-Marts shall make the annual Incentives payment to you within ninety
(90) days after the end of each calendar year set forth above.
If you have any questions on either the ending date of the Initial Term under your FSA or
the Incentives, please telephone Patti Turiano at (814) 234-6000.
Please acknowledge below that you have read and understand the above and agree to the
terms and conditions set forth above for the Incentives and return a signed copy to Uni-
Marts.
Very truly yours,
4a i ?vtiJ
Uni-Marts, LLC
READ, UNDERSTOOD AND AGREED:
Signature Date
Check Date: Feb/22/2007 Vendor Number: 0000601717 Check No. 00514783
Store Invoice Number
94232 2/21107 Invoice Date Voucher ID Gross Amount
Feb/21/2007 00138338 4,086.85 Discount Taken
0.00 Late Char= Pa
0.00 id Amount
4,086.85
Check Number
Date Total
Gross Amount Total
Discounts Total
Late Charges Total
Paid Amount
00514783 Feb/2212007 4,086.85 0.00 0.00 4,086.85
C> IIyZypEyNS BANK APB .Q 0'" ,
Uni-Mars
_' ' PC'CtSBGH,FA2k$ 6231
477>gI?ST'
Date 02/2212007 Pay Amount 4,086.85***
Pay ****FOUR THOUSAND EIGHTY-SIX AIJD 95 f IOQ OOLLAR*' -
To The SAIMA INTERNATIONAL. INC
Order Of 1%2 SPRING RD
CARLISLE. PA 17013
114005 01 78 311' 1:03LLOILSD: 669900997811'
Store tl City State/Zip Cade FSA PSA Cpg Incentive Incentive $'s Incentive $'s Incentive S's Incentive S's
Start End Incentive Yrs. 1st Receipt Date 1st Payment Znd Receipt Date 2nd Payment
94024 Hummelstown PA 17036 101-3/2005 10/3/2015 0.01 4 VM2006 S 3.138.24 1214/2006 $ 1,706.31
94062 Bloomsburg PA 17815 5/17/2005 5/172015 0.01 4 8/22006 $ 2.132.02 12/4/2006 S 3.149.78
94075 Punxsutawney PA 15767 7/122005 7/122015 0.01 4 8n2006 $ 3,890.85 12/42006 $ 4,230.07
94099 Lewisburg PA 17837 12/162005 12/162015 0.01 4 8n2o06r5 5,439.22 12/42006 $ 9,011.25
94107 Hummelstowo PA 17036 10/32005 10/32015 0.01 4 8nno06 S 2.852.38 12/42006 S 2.990.57
94141 Montoursville PA 17754 10127/2005 10272015 0.01 4 8nn006 S 5_562.08 12/42006 $ 5.380.38
94144 Punxsutawney PA 15767 7/122005 7/122015 0.01 4 8nno06 S 2.808.07 12/42006 S 3.354.55
94151 Williamsport PA 17701 6282005 6282015 0.01 4 8n2006 S 2,709.27 12/42006 S 3.106.64
94229 Lemoyne PA 17043 4/122005 8/122015 0.01 4 8/22006 $ 1,912.48 12/42006 $ 2,071.00
94232 Carlisle PA 17013 822005 8/22015 0.01 4 8/72006 $ 2.084.90 12/42006 S 2.001.95
94248 Carlisle PA 17013 9/272005 9/272015 0.01 4 8/72006 S 2.844.99 12/42006 S 3.018.65
94330 Scranton PA 18505 3292005 8/102015 0.01 4 8/72006 $ 2,520.55 12/42006 S 3,493.96
94905 Carlisle PA 17013 618/2005 6182015 0.01 4 8n/2006 S 2,841.66 12/42006 S 2.885.05
94305 Drums PA 18222 9/202005 9/202015 0.02 3 7242006 $ 14.335.64
$ 55,072.35
Please note: Blue highlight for FSA was changed because the location was a Texaco
and branded to BP in August, 2005 for 94330, 94229 was changed because the location was
Uni-Mart brand and was branded BP in August, 2005, and the incentive was reduced for
94099 because the program started before he purchased the location.
1n2007 S 11.385.32
$ 57,785.48
$ 14,450.47
..
t "'AMOK'
? w-
S 3,983.48
$ 6,014.51
Exhibit J
-Site No.: 04232
Location: 50 East Main Street, Route 641
_ Plainfield, PA 17081
County: Cumberland
TRADEMARK LICENSE AGREEMENT
This Trademark License Agreement ("Agreement") is made and entered into as
of the _j_ day of ??, 2005, by and between SAIMA INTERNATIONAL, INC.,
a Pennsylvania corporation whose address is 2203 Glen Allen Avenue, Apt T-2, Silver
Spring, MD 20906 ("Purchaser") and Uni-Marts, LLC, a Pennsylvania limited liability
company with its principal place of business located at 477 East Beaver Avenue, State
College, Pennsylvania 16801-5690 ("UnWarts"). Purchaser acknowledges and
agrees that this Agreement is conditioned upon, and shall not be effective until, the
closing of the transactions under that certain Purchase and Sale Agreement and Lease
or Sublease ("Lease") by and between Uni-Marts and Purchaser (the "Closing"). Now,
therefore, Uni-Marts and Purchaser, intending to be legally bound hereby, agree as
follows:
1. Definitions. As used herein, "Marks" means the "Uni-Marts" and "Choice
Cigarette Discount Outlet" names, logos and certain related trade names, trademarks
and logotypes as identified by Uni-Marts in writing from time to time; "Know-How"
means certain proprietary approaches, initiatives, methods, procedures, processes,
concepts, materials, trade secrets, and know-how of Uni-Marts with respect to operation
of convenience stores; and, "Documentation" means the Specifications (as defined
herein) and all other instructions, manuals, diagrams and other materials, in whatever
medium or format, pertaining to the Marks, Know-How and/or the use thereof.
2. Trademark License. From and after the Closing, Uni-Marts hereby grants
Purchaser a non-exclusive, non-transferable, limited license, without the right to
sublicense, to use the Marks, the Know-How and the Documentation solely in
connection with the operation of the facilities identified above (the "Facilities") and not in
connection with any other business or facility or for any other purpose whatsoever (the
"Trademark License"). Purchaser may not sell, lease, assign, sublicense or otherwise
transfer, in whole or in part, this Agreement, the Trademark License, the Marks, the
Know-How, the Documentation or any other Uni-Marts-provided materials, or any
licenses or rights granted hereunder without the express written consent of Uni-Marts,
which consent shall not be unreasonably withheld (but in determining whether to grant
such consent, Uni-Marts may consider the financial condition, reputation and character
of the proposed transferee, and its contemplated use of the Facilities).
3. Obligations of Purchaser.
610315.17119105
a. In addition to its other obligations set forth herein, during the term of
this Agreement, Purchaser shall do each of the following:
i. use the Marks and the Know-How in strict compliance with
all current standards, specifications and procedures of Uni-Marts (the "Specifications"),
together with such future modifications to the Specifications as are necessary or
desirable for Uni-Marts' business purposes and provided in advance to Purchaser;
ii. advertise and promote the Facilities only under the Marks
and without any accompanying words or symbols except as approved by Uni-Marts in
writing;
iii. impose on all signs, advertising and other materials using or
incorporating the Marks prepared by or for Purchaser, other than by Uni-Marts (the
"Purchaser-Prepared Materials"), the symbol ® or "TM", as the case may be, and cause
all such Purchaser-Prepared Materials to use and reproduce the Marks accurately and
exactly, in a manner which will best protect Uni-Marts' rights in the Marks; and
iv. in all public records and in its relationship with other persons,
and on its letterhead and business forms, clearly indicate its independent ownership
and operation of the Facilities.
b. Purchaser shall not at any time:
i. adopt a corporate or other fictitious entity name
incorporating, in whole or in part, any of the Marks;
ii. lend its name or use any of the Marks, Know-How or
Documentation to endorse the products or services of any third parties;
iii. represent or hold itself out as an agent, legal representative,
partner, subsidiary, joint venturer, associate, affiliate or employee of Uni-Marts; or,
iv. operate the Facilities in a way that is damaging to Uni-Marts;
that causes any threat or danger to public health or safety; that would tend to bring Uni-
Marts or the Marks, Know-How or Documentation into public disrepute, contempt,
scandal or ridicule; that would tend to insult or offend the community in which such
Facilities are located, or any group or class thereof; or, that would or might adversely
affect the relationship between Uni-Marts and its customers and/or Purchasers.
C. Uni-Marts shall have the right to enter into and inspect the
Facilities, with or without notice, during Purchaser's normal business hours, for the
purpose of ascertaining Purchaser's compliance with the terms of this Section 3.
610315.17119/05
_1_
4. Obligations of Uni-Marts. During the term of this Agreement, Uni-Marts
shall provide
a. use by Purchaser of Uni-Marts' 1-800 support telephone number;
and
b. access to Purchaser, Purchaser's primary lender for the purchase
of the Facilities ("Lender") and (if applicable) the U.S. Small Business Administration
("SBA"), upon request and during regular business hours, to Uni-Marts' pertinent billings
and collections records relating to the Payments.
5. Payments. In consideration of the Trademark License and the 1-800
support hereunder, Purchaser shall pay Uni-Marts Two Hundred dollars ($200.00) per
Facility per month (the "Payments"). Licensee shall make the Payments to Uni-Marts
within ten (10) days after the end of each month for that month.
The Payments to Uni-Marts shall be deferred during such period of time as
Lender's loan to Purchaser is in default or Lender or the SBA has granted a deferment,
but any deferred Payments shall be immediately due and payable to Uni-Marts at the
conclusion of such period.
6. Payment: Taxes. Any sum not paid by Purchaser hereunder when due
shall bear interest until paid at a rate of 1.5% per month (18% per annum), or the
maximum rate permitted by law, whichever is less. Purchaser shall also pay all
expenses (including, without limitation, attorneys' fees) actually incurred by Uni-Marts in
collecting such payment or otherwise exercising its rights and remedies hereunder.
Purchaser acknowledges and agrees that it is not entitled to set-off any monetary claims
which it may have against Uni-Marts against the Payments or any other sum which the
License is obligated to pay hereunder.
7. Proprietary Rights.
a. The Marks are trademarks or registered trademarks of Uni-Marts.
Purchaser shall not at any time use any word or mark which is similar to or is likely to be
confused with the Marks without Uni-Marts' prior written consent. During the term of
this Agreement and thereafter, Purchaser shall not directly or indirectly impugn or
contest the validity of or Uni-Marts' ownership of the Marks or take or aid any action
whatsoever in derogation of the Marks. Any and all goodwill generated by the use of
the Marks will inure solely to the benefit of Uni-Marts. Samples of all Purchaser-
Prepared Materials must be submitted to Uni-Marts for written approval prior to use.
b. Title to the Know-How and the Documentation, and all
modifications, updates and derivative works thereof, whether created by Uni-Marts,
610315.17/19/05
-?
Purchaser, or any third party, shall at all times remain and vest solely with Uni-Marts.
Uni-Marts shall have the exclusive right to patent, copyright, register and protect such
materials in Uni-Marts' own name to the exclusion of Purchaser, whose rights thereto
are limited to its rights as a Purchaser under this Agreement. Purchaser agrees that it
will not claim or assert title to any such materials or attempt to transfer title to same to
any third parties.
C. Purchaser shall at all times do all acts, and where appropriate
refrain from such acts, as may be necessary or appropriate to protect Uni-Marts'
proprietary rights in and to the Marks, Know-How and Documentation. Purchaser shall
not have, and this Agreement shall not be construed as granting, any right, title or
interest in or to any of Uni-Marts' proprietary and intellectual property rights (including
patent, trademark, copyright, trade secret and other rights) not expressly licensed to
Purchaser under this Agreement.
8. Confidential Information. During the course of the parties' performance
hereunder, Purchaser may be given, obtain, or have access to certain information which
is confidential and proprietary to Uni-Marts and/or which constitutes trade secrets of
Uni-Marts, including, without limitation, the Know-How, Specifications, Documentation
and other technical, marketing, sales, operating and cost information and know-how
("Confidential Information"). Confidential Information shall not include any information
which
i. is or becomes available to the public other than as the
consequence of a breach of any obligation of confidentiality;
ii. is actually known to or in the possession of Purchaser
without any limitation on use or disclosure prior to receipt from Uni-Marts; or
iii. is rightfully received from a third party in possession of such
information who is not under obligation to Uni-Marts not to disclose the information.
Purchaser shall hold in strict confidence and trust all Confidential
Information and shall not disclose, sell, rent or otherwise provide or transfer, directly or
indirectly, any Confidential Information or anything related to the Confidential
Information to third parties, without the prior written consent of Uni-Marts. Purchaser
shall use the Confidential Information only in accordance with the terms and provisions
of this Agreement, and not for any other purpose whatsoever. Notwithstanding the
foregoing, Purchaser will be permitted to disclose Confidential Information pursuant to a
court order, government order or any other legal requirement of disclosure if no suitable
protective order or equivalent remedy is available, provided that Purchaser gives Uni-
Marts written notice of such court order, government order or legal requirement of
disclosure immediately upon knowledge thereof and allows Uni-Marts a reasonable
opportunity to seek to obtain a protective order or other appropriate remedy prior to
610315.1 7/19/05 ?_
such disclosure to the extent permitted by law, and further provided that Purchaser shall
furnish only that portion of the Confidential Information which Purchaser is advised by a
written opinion of counsel is legally required. Upon termination of this Agreement, or
upon earlier request by Uni-Marts, Purchaser shall promptly return to Uni-Marts or, at
Uni-Marts' option, destroy any and all Confidential Information, including all copies or
duplicates thereof.
9. Equitable Relief. Purchaser understands that in the event Purchaser fails
to comply with the provisions of Sections 2, 3, 7 and 8 hereof, Uni-Marts shall suffer
irreparable harm which would not be adequately compensated for by monetary
damages alone. Purchaser, therefore, agrees that in the event of a breach or
threatened breach of any of such provisions by Purchaser, Uni-Marts shall be entitled to
injunctive and/or other preliminary or equitable relief, in addition to any other remedies
available at law, without having to prove actual damages or to post a bond.
10. Reoresentations and Warranties of Purchaser. Purchaser hereby
represents and warrants that:
a. Purchaser is duly organized and validly subsisting under the laws of
the state identified above and has the full power and authority to enter into this
Agreement;
b. the execution, delivery and performance of this Agreement and the
consummation of the transactions contemplated hereby have been duly authorized by
all necessary action by and on behalf of Purchaser, and this Agreement constitutes the
valid and binding obligation of Purchaser, enforceable against it in accordance with its
terms;
C. the execution, delivery and performance of this Agreement and the
consummation of the transactions contemplated hereby, do not, with or without the
giving of notice, the lapse of time or both:
(where appropriate),
i. result in a violation of Purchaser's organizational documents
ii. contravene or conflict with, or constitute a violation of, any
judgment, injunction, order or decree binding upon or applicable to Purchaser,
party, or
iii. require any consent, approval or other action by any third
iv. contravene or conflict with, or constitute a violation of, any
agreement to which Purchaser is a party or by which Purchaser is bound.
610315.1 7119103 .5-
11. Acknowledgements. Purchaser and Uni-Marts hereby further
acknowledge and agree that the Payments made by Purchaser to Uni-Marts hereunder
are solely in consideration of the Trademark License and 1-800 support provided by
Uni-Marts hereunder.
12. Term and Termination.
a. The term of this Agreement shall be the same as the term of the
Lease between Uni-Marts and Purchaser.
b. Notwithstanding Section 12.a. hereof, this Agreement may be
terminated as follows:
i. by either party, in the event the other party has breached a
covenant, obligation or warranty under this Agreement and such breach remains
uncured for a period of thirty (30) days after notice thereof is sent to such other party
and, in the case of Purchaser's default, to Lender and the SBA, who shall have the
same opportunity to cure such default;
ii. by either party, without notice, in the event the other party
ceases to conduct business;
iii. by either party, without notice, should the other party admit
in writing its inability to pay its debts generally as they become due; make a general
assignment for the benefit of creditors; institute proceedings to be adjudicated a
voluntary bankrupt, or consent to the filing of a petition of bankruptcy against it; be
adjudicated by a court of competent jurisdiction as being bankrupt or insolvent; seek
reorganization under any bankruptcy act, or consent to the filing of a petition seeking
such reorganization; or, have a decree entered against it by a court of competent
jurisdiction appointing a receiver, liquidator, trustee, or assignee in bankruptcy or in
insolvency covering all or substantially all of such party's property or providing for the
liquidation of such party's property or business affairs; or
iv. by Uni-Marts, immediately upon a breach by Purchaser of
Section 2, 3, 7 or 8 hereof. If any applicable law requires a greater notice of the
termination of, or the election not to renew, this Agreement, or the taking of some other
action with respect to such termination or election not to renew than is required by the
Agreement, such requirements of law shall be deemed substituted for the notice
requirements contained in this Agreement.
C. Upon termination of this Agreement by either party, Purchaser shall
immediately pay to Uni-Marts all sums payable under this Agreement, including, without
limitation, all Payments accruing through the effective date of termination, without setoff
610315.1 7119105 -6-
or reduction of any kind. Termination of this Agreement will terminate the Lease, the
Trademark License and all other rights granted by Uni-Marts to Purchaser hereunder.
Upon such termination, Purchaser shall immediately cease use of the Marks, return any
Uni-Marts-provided materials to Uni-Marts and return to Uni-Marts or, at Uni-Marts'
option, destroy all Purchaser-Prepared Materials using or incorporating the Marks. After
expiration or termination of this Agreement, Purchaser shall not operate or do business
under any name or in any manner or style that might tend to give the general public the
impression that it is, either directly or indirectly, associated, affiliated, licensed by or
related to Uni-Marts; and upon such expiration or termination, Uni-Marts may, if
Purchaser does not do so, execute in Purchaser's name and on its behalf any and all
documents necessary or appropriate in Uni-Marts' judgment to end and cause the
discontinuance of Purchaser's use of the Marks, and Uni-Marts is hereby irrevocably
appointed and designated as Purchaser's attorney-in-fact to do so.
d. All provisions hereof that are intended by their terms to survive
termination or expiration of this Agreement, including, without limitation, Sections 3.b, 5,
6, 7, 8, 9, 10, 11, 12, 12c, 12d, 13, 14, 15 and 16 hereof, shall survive such termination
or expiration.
13. DISCLAIMER OF WARRANTIES: LIMITATION OF LIABILITY. UNI-
MARTS SHALL PROVIDE TO PURCHASER CERTAIN WARRANTIES OF TITLE AND
OTHER WARRANTIES PURSUANT TO THE PURCHASE AND SALE AGREEMENT
AND THE TRANSACTION DOCUMENTS (AS DEFINED IN THE PURCHASE AND
SALE AGREEMENT), AND WARRANTIES OF NON-INFRINGEMENT HEREUNDER.
UNI-MARTS DOES NOT MAKE ANY, AND HEREBY SPECIFICALLY DISCLAIMS ANY
AND ALL OTHER WARRANTIES, EXPRESS OR IMPLIED, INCLUDING BUT NOT
LIMITED TO WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A
PARTICULAR PURPOSE, WITH REGARD TO THE TRADEMARK LICENSE, MARKS,
KNOW-HOW, SPECIFICATIONS, OR DOCUMENTATION. TO THE MAXIMUM
EXTENT PERMITTED BY APPLICABLE LAW, IN NO EVENT SHALL UNI-MARTS BE
LIABLE TO PURCHASER OR ANY THIRD PARTY FOR SPECIAL, INCIDENTAL,
INDIRECT, CONSEQUENTIAL OR PUNITIVE DAMAGES (INCLUDING, WITHOUT
LIMITATION, DAMAGES FOR LOSS OF INCOME, PROFITS OR ANY OTHER
PECUNIARY LOSS) ARISING OUT OF OR IN CONNECTION WITH THE
TRADEMARK LICENSE, MARKS, KNOW-HOW, SPECIFICATIONS, OR
DOCUMENTATION, EVEN IF UNI-MARTS HAS BEEN ADVISED OF THE
POSSIBILITY OF SUCH DAMAGES. UNI-MARTS' ENTIRE LIABILITY TO
PURCHASER AND/OR ANY THIRD PARTY SHALL BE LIMITED, IN THE
AGGREGATE, TO THE PAYMENTS PAID BY PURCHASER HEREUNDER.
14. Infringement Indemnification. Uni-Marts shall indemnify, defend and hold
harmless Purchaser from and against any claim by any third party that Purchaser's use
of the Marks, Know-How and/or Documentation in accordance with the terms hereof
infringes any United States patent, trademark or copyright; provided, however, that
Purchaser promptly notes Uni-Marts of such claim in writing. Uni-Marts shall have the
610715.1 7/19/05 _7_
right to defend and settle any such claim, and Purchaser shall not enter into any
settlement or other agreement with respect to same without the prior written consent of
Uni-Marts. Purchaser may participate in the defense of such claim at its own expense.
15. Purchaser Indemnification and Insurance. Purchaser shall indemnify,
defend and hold harmless Uni-Marts, its officers, managers, members, employees,
agents and legal representatives from and against any and all losses, liabilities, claims,
actions, damages, demands, costs and expenses (including, without limitation,
attorneys' fees and court costs) ("Losses") arising, directly or indirectly, out of or in
connection with
a. a breach of any representation, warranty or covenant of Purchaser
hereunder,
b. the operation of the Facilities,
c. the preparation, offer for sale or sale of merchandise by Purchaser,
or
d. any acts or omission of Purchaser, its officers, directors,
shareholders, members, managers, partners, employees, agents or contractors.
During the term hereof, Purchaser shall procure and maintain in full force
and effect comprehensive general liability insurance (including contractual liability
insurance sufficient to cover Purchaser's obligations pursuant to this section), statutory
workers' compensation and employer's liability insurance, and all other forms of
insurance, in such amounts and having such deductibles, as is necessary or
appropriate to the operation of Purchaser's business and its performance hereunder, in
accordance with all Laws and industry standards. All such policies shall name Uni-
Marts as an additional named insured, and shall contain an endorsement requiring the
insured and insurer to give Uni-Marts thirty (30) days advance written notice before any
termination or cancellation of such policy will be effective. Purchaser shall promptly
deliver certificates of all insurance to Uni-Marts, as such insurance is procured or
renewed by Purchaser.
16. Miscellaneous. This Agreement is the sole and entire agreement between
the parties relating to the subject matter hereof, and supersedes all prior
understandings, agreements, and documentation between the parties with respect
thereto. This Agreement may be amended only by a written instrument executed by the
authorized representatives of both parties. This Agreement shall be interpreted in
accordance with the substantive law of the Commonwealth of Pennsylvania, without
regard to Pennsylvania's principles regarding conflict of laws. The state and federal
courts located in Pennsylvania shall have exclusive jurisdiction over any and all
disputes arising out of or in connection with this Agreement, and Purchaser and Uni-
610315.17119/05 -8-
Marts each hereby consents to the personal jurisdiction of such courts. Uni-Marts and
Purchaser are independent contractors under this Agreement, and nothing herein shall
be construed to create a partnership, joint venture, or agency relationship between the
parties hereto. Neither party shall have any power or authority to enter into agreements
of any kind on behalf of, or to otherwise bind or obligate, the other party in any manner
to any third party. The provisions set forth in this Agreement are for the sole benefit of
the parties hereto and their successors and permitted assigns, and they shall not be
construed as conferring any rights on any other persons, except as expressly provided
in Section 15 hereof. All notices, consents, waivers or other communications which are
required or permitted hereunder shall be sufficient if given in writing to the parties at the
addresses set forth above (or to such other address as shall be set forth in a notice
given in the same manner) and shall be deemed to have been given three (3) business
days after mailing if sent by registered or certified mail (postage prepaid), one business
day after mailing if sent by overnight mail service, or on the date delivered or
transmitted if delivered personally or sent by facsimile transmission (receipt confirmed).
Neither party shall by mere lapse of time without giving notice or taking other action
hereunder be deemed to have waived any breach by the other party of any provision of
this Agreement. Further, the waiver by either party of a particular breach of this
Agreement by the other party shall not be construed as, or constitute, a continuing
waiver of such breach, or of other breaches of the same or other provisions of this
Agreement. If any provision of this Agreement shall be held illegal, unenforceable, or in
conflict with any law of a federal, state, or local government having jurisdiction over this
Agreement, the validity of the remaining portions or provisions hereof shall not be
affected thereby. This Agreement may be executed in one or more counterpart copies,
each of which shall be deemed an original and all of which shall together be deemed to
constitute one agreement.
IN WITNESS WHEREOF the parties hereto have caused this Agreement to be
executed by their duly authorized representatives.
UNI•
By:
Its:
SAIMA INTERNATIONAL, INC.
By: k? (fit V T?
Its: Presid t
610715.1 7119105 .9-
Exhibit K
* 1 •
Uni-Marts, LLC
Dealer Receivable
Store #94232
12/15/10
Description
COUNTY/BOROUGH TAX 1/1-12/31/06
PROPERTY INSURANCE-2006
SCHOOL TAX 7/1/06-6/12/07
COUNTY/BOROUGH TAX 1/1-6/12/07
GAS DELIVERY DATED 5/29/07
AMOCO NETWORK FEE-JUN 07
RETURNED EFT FEES 6/5 & 6/7/07
AMOCO CREDIT CARDS & FEES 5/29-
6/2/07
KEGGFEREIS SUBLET RENT-JUN 07
GAS DELIVERY DATED 6/2/07
TRADEMARK FEE-MAY 07
TRADEMARK FEE-JUN 07
FUEL DEPOSIT
JUN 07 LATE RENT FEE
JUN 07 RENT
PENNSBORO TWP SEWER 5/31/07-
6/15/07
GVNA REBATES-1ST QTR 07
AMERIGAS-CREDIT
MAGISTERIAL DISTRICT CREDIT
WESTERN UNION CREDIT
COMMONWEALTH OF PA CREDIT
FUEL SHORTFALL 2005-2006
Amount Balance
billed
5/17/06 1,069.11 1,069.11
billed
9/13/06 885.00 1,954.11
billed
9/13/06 5,228.06 7,182.17
billed
4/26/07 490.86 7,673.03
13,276.44 20,949.47
125.00 21,074.47
60.00 21,134.47
(6,633.48) 14,500.99
(72.50) 14,428.49
24,971.21 39,399.70
200.00 39,599.70
200.00 39,799.70
(15,000.00) 24,799.70
489.70 25,289.40
4,897.02 30,186.42
billed 9/4/07 299.95 30,486.37
(249.21) 30,237.16
(270.40) 29,966.76
(7.08) 29,959.68
(1.73) 29,957.95
(82.00) 29,875.95
2,518.80 32,394.75
SHERIFF'S OFFICE OF CUMBERLAND COUNTY
Ronny R Anderso n
Sheriff --
Jody S Smith ' M
Chief Deput y
r- = erg
n u: '43
? '
Richard W Stewart
-
`
Solicitor OF' -?PIFF 33N
Uni-Marts Liquidation Trust
vs.
Saima International, Inc.
Case Number
2011-4910
SHERIFF'S RETURN OF SERVICE
06/16/2011 01:17 PM - Ronny R. Anderson, Sheriff, who being duly sworn according to law, states that he made a
diligent search and inquiry for the within named defendant to wit: Saima International, Inc., but was
unable to locate them in his bailiwick. He therefore returns the within Complaint and Notice as not found
as to the defendant Saima International, Inc. Deputies were advised Saima International, Inc. is out of
business.
SHERIFF COST: $39.00
June 17, 2011
SO ANSWERS,
RON R ANDERSON, SHERIFF
(c;! CoimtySuite Sheriff, Ieieosoft, Inc.
®aviiD. Buelr
Prothonotary
Office of the Prothonotary
Cum6erfancf County, (Pennsylvania
2�yrkS. Sofionage, ESQ,
Solicitor
1�— 9/0 CIVIL TERM
ORDER OF TERMINATION OF COURT CASES
AND NOW THIS 28TH DAY OF OCTOBER, 2014, AFTER MAILING NOTICE OF
INTENTION TO PROCEED AND RECEIVING NO RESPONSE — THE ABOVE
CASE IS HEREBY TERMINATED WITH PREJUDICE IN ACCORDANCE WITH
PA R.C.P.230.2.
BY THE COURT,
DAVID D. BUELL
PROTHONOTARY
One Courthouse Square 0 Suite100 ® Carlisle, TA 0 (Phone 717 240-6195 0 0'ax 717 240-6573