Exhibit 10.11
COMMERCIAL LEASE AGREEMENT
THIS AGREEMENT made this 14th day of February, 2002, by and between
7801 JOINT VENTURE, LLC party of the first part, hereinafter called "Landlord"
and OLD LINE NATIONAL BANK, parties of the second part, hereinafter called
"Tenant," and XXXXX AND COMPANY COMMERCIAL BROKERS, INC., hereinafter called
"Agent."
1. WITNESS that in consideration of the rent and covenants herein
contained, the Landlord hereby leases to the Tenant and the Tenant hereby leases
from the Landlord for use as hereinafter specified, that certain real property
located in 0000 Xxx Xxxxxx Xxxxxx, Xxxxxxx, Xxxxxx Xxxxxx'x Xxxxxx Maryland, and
more particularly described as follows: SUITE 100, CONTAINING APPROXIMATELY
2,550 SQUARE FEET.
2. THE TERM Of this lease shall be for a period of TEN (10) years
commencing on the 1ST day of JUNE 2002, and ending on the last calendar day of
MAY 2012. If Tenant has not completed the improvements described in Paragraph 41
of this Lease by June 1, 2002 then the commencement date of this Lease shall be
extended to the first day of the month following the month in which Tenant has
completed the work described in paragraph 41, but NO LATER THAN JULY 1, 2002 OR
UNTIL A USE AND OCCUPANCY PERMIT IS ISSUED BY PRINCE GEORGE'S COUNTY, MD. If
Tenant takes possession of the demised premises on a day other than the first of
a month, Tenant shall pay to Landlord the rent as specified in Paragraph 4 on
the first day of the following month preceding the commencement of the term of
this Lease Agreement.
3. THE TENANT Agrees to pay to the Landlord as rental for the demised
premises during the term of this Lease and any extension thereof, without prior
notice or demand, the following sums of money at the times and in the amount
herein provided.
4. THE RENT
a. The guaranteed minimum annual rental for the period beginning the
commencement date of the lease through the fourth (4) consecutive lease year is
Nine Thousand Nine Hundred Dollars and 00/100ths ($9,900.00) payable monthly at
the rate of Eight Hundred Twenty Five Dollars and 00/100ths ($825.00) per month.
b. The guaranteed minimum annual rental for the period beginning the
fifth (5) consecutive lease year is Twenty Seven Thousand Six Hundred Twelve
Dollars and 00/100ths ($27,612.00) payable monthly at the rate of Two Thousand
Three Hundred and One Dollar and 00/100ths ($2,301.00).
c. The guaranteed minimum annual rental beginning the Seventh (7)
consecutive lease year is Thirty Two Thousand Two Hundred and Fourteen Dollars
and 00/100ths ($32,214.00).
IT IS UNDERSTOOD and agreed by and between the parties hereto as
follows:
5. PAYMENT OFFICE The Tenant will pay said rent at times specified
without demand or deduction to Landlord named above and mailed to care of Xxxxx
and Company, X.X. Xxx 000 Xxxxxxx, Xxxxxxxx 00000, or at such other place as
Landlord may from time to time designate in writing.
6. RENTAL INCREASE Commencing on the Sixth (6) year, the guaranteed
minimum annual rental shall be increased yearly at the rate of ONE AND HALF
(1.5) percent a year through out the term of the lease and any option periods
exercised by Tenant.
7. LEGAL ACTION In the event legal action is required for the
collection of money due the Landlord under this Commercial Lease Agreement, the
Landlord should be entitled to reasonable legal expenses.
8. OPERATING HOURS That the hours of business operation shall not
exceed thirteen (13) hours per day and not more then five and one-half (5 1/2)
days per week without the express written consent of the Landlord. The building
hours are 7:00 A.M. to 9:00 P.M., Monday through Friday, Saturday 8:00 A.M. to
5:00 P.M. Closed on Sundays, and all legal holidays.
9. UTILITIES PAYMENT The Landlord shall provide Tenant with basic
electricity, water, heat and air conditioning in amounts sufficient for the
normal office operation. Equipment requiring exceptional amounts of utilities
shall be charged to the Tenant based on a calculated consumption, such
determination to be made by the Landlord through the utility service involved.
10. TENANT'S EQUIPMENT Tenant will not install or operate in the
demised premises any electrically operated equipment or other machinery other
than electric typewriters, copiers, personal computers, adding machines, radios,
tape recorders, dictaphones, ATM's, bank drive-in equipment and bookkeeping
machines and all other equipment required to operate a full service financial
institution office without first obtaining the prior written consent of the
Landlord, who may condition such consent upon the payment by Tenant of
additional rent in compensation for such excess consumption of utilities and for
the cost of additional plumbing or wiring as may be occasioned by the operation
of said equipment or machinery. Tenant shall not install any other equipment of
any kind or nature whatsoever which will or may necessitate any changes,
replacement or additions to, or in the use of, the water system, or electrical
system of the demised premises or the building without first obtaining the prior
written consent of the Landlord which will not be unreasonably withheld.
11. CHARACTER OF OCCUPANCY That the Tenant will use said premises for a
FINANCIAL INSTITUTION and will not use, or permit said premises or any part
thereof to be used for any disorderly or unlawful purpose.
12. ASSIGNMENT That Tenant will not transfer or assign this Commercial
Lease Agreement, nor let or sublet the whole or any part of the leased premises
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without the written consent first had and obtained from the Landlord. Such
consent shall not be unreasonably withheld.
13. MAINTENANCE a. By Tenant. Tenant shall be responsible for any
negligent acts directed to the demised premises and the fixtures, plumbing,
heating, electrical and air-conditioning equipment. Tenant will surrender and
deliver up the same in the condition as the same now is or shall be at the
commencement hereof, ordinary wear and tear excepted. Tenant shall repair and
replace any broken windows or plate glass within or a part of the demised
premises, provided such breakage is caused by Tenant. All repairs which the
Tenant is obligated to perform shall be commenced within ten (10) days after
notice from Landlord to make repairs and shall be completed within a reasonable
time thereafter, and if not so completed, the work may be performed by Landlord,
with the cost of such work being added to the monthly rental on the next
installment(s) of rent becoming due under this Lease Agreement.
b. By Landlord. Landlord shall, at its expense, make all repairs to and
replacement of the roof, exterior walls, foundation and structure of the demised
premises, as well as repairs and replacements to the plumbing, heating,
electrical and air conditioning equipment and systems, unless the necessity for
such repair or replacement is caused by the negligence of Tenant. All repairs
which Landlord is obligated to perform shall be commenced within ten (10) days
after notice from Tenant to make repairs and shall be completed within a
reasonable time thereafter.
14. INSURANCE Tenant agrees to carry, at Tenant's cost and expense, at
all time during the term of this Commercial Lease Agreement, general liability
and property damage insurance in the amount of One Million Dollars
($1,000,000.00) in respect to any one person (including loss of life) and One
Million Dollars ($1,000,000.00) as to injury to two (2) or more persons
(including loss of life) and Twenty Five Thousand Dollars ($25,000.00) property
damage arising in any one accident or disaster.
All general liability and property damage insurance shall be carried
for the protection of both Landlord, Tenant and Agent, and both Landlord, Tenant
and Agent shall be named insured, and a copy of said policy shall be furnished
to Landlord at all times. Tenant can meet the insurance requirements of this
Commercial Lease Agreement by appropriate endorsement to its blanket policy. In
the event Tenant shall fail to furnish the necessary insurance coverage or
renewals thereof, Landlord shall have the right, at its election, to obtain such
insurance coverage and to add the cost of the premium to the rent hereinafter
accruing under this Commercial Lease Agreement. All such policies shall
expressly provide that the insurance company shall notify the Landlord in
writing at least ten (10) days prior to any alteration or cancellation thereof.
15. INDEMNITY Tenant covenants and agrees to indemnify and hold
harmless the Landlord and Agent from all claims for damages or injuries to
goods, wares, merchandise, property and persons in, upon and about the demised
premises. Tenant's obligation to indemnify Landlord and Agent, and to repair or
maintain the premises do not include damages caused by willful acts of the
Landlord or its Agents.
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16. LIABILITY Unless caused by or resulting from the negligence of
Landlord or Agent, neither the Landlord nor its Agent shall be liable for any
damage to, or loss of, such personal property arising from any acts of
negligence of any third persons or from the bursting, leaking or overflowing
water, sewer or steam pipes, or from heating, air conditioning or plumbing
fixtures and equipment. The Landlord assumes no liability or responsibility
whatsoever with respect to the conduct and operation of the business to be
conducted in the demised premises. The Landlord and Agents shall not be liable
for any accident to or injury to any person or persons or property in or about
the demised premises which are caused by the conduct and operation of said
business or by virtue of equipment or property of the Tenant in said demised
premises. The Tenant agrees to hold the Landlord and its Agents harmless against
all such claims, including but not limited to costs, charges, judgments and
reasonable attorney fees.
17. TENANT NEGLIGENCE All injury to the building or fixtures caused by
moving the property of the Tenant into or out of the said building, and all
breakage, or other injury, done by the Tenant, or the agents, clerks, servants
or visitors of the Tenant, as well as any damage caused by the overflow, or the
escape of water, steam, gas, electricity, or other substance, due to the
negligence of the Tenant, or the agents, clerks, servants or visitors of the
Tenant, shall be repaired by the Landlord at the expense of the Tenant. The cost
thereof shall be determined on statements rendered by the Landlord to the
Tenant, and the sum so determined shall be payable to the Landlord upon delivery
of such statements; and if not paid, by the Tenant, within ten (10) days
thereafter, the said sum shall become so much additional rent for the succeeding
month, payable with the installment of rent next becoming due, and collectable
as such.
18. SUBORDINATION That this Commercial Lease Agreement is subject and
subordinate to any ground or underlying lease, leases, or any mortgage,
mortgages or Deeds of Trust encumbrance or encumbrances now or at any time
hereafter placed upon land and or the building of which the demised premises
form a part, and the Tenant does hereby agree to execute any and all instruments
to effect such subordination which the Landlord may request or require.
19. HAZARDOUS STORAGE Tenant shall not use said premises, or suffer nor
permit the same, or any part thereof, to be used for the purpose of storing any
material or goods and/or make any alterations or changes in the premises which
might in any way prejudice the insurance of said premises or increase the fire
hazards to a greater extent than that necessarily incident to the business for
which the said premises are leased as hereinbefore set forth.
20. RULES AND REGULATIONS That Tenant will comply with all rules and
regulations now in effect or that may hereafter be enacted by the County, State
or Federal Government insofar as the same pertains to the specific use of
Tenant's business in the demised premises, and to obtain all required licenses
and permits including use and occupancy permit.
Tenant shall be one hundred percent responsible for compliance with
Public Law 101-336, exclusive of ingress/egress issues to the demised premises
also known as The American With Disabilities Act (hereinafter referred to as
"the ADA") and shall be one hundred percent liable for any and all claims,
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liabilities, damages, costs and expenses, including court costs and attorney's
fees arising from noncompliance with the ADA and Landlord shall have no
liability with respect thereto.
That Tenant will comply with and carry out all reasonable rules and
regulations now in existence or hereinafter made by the Landlord in respect to
the operation and/or maintenance of said premises. See Exhibit C attached
hereto.
21. SIGN CONTROL Tenant shall be entitled to a listing in the
professional directory of said premises. Tenant will not place, exhibit or
maintain any merchandise, fixtures or articles of any kind on sidewalks, parking
spaces or alleys in front of or adjacent to said premises; that he will not
paint, place or affix on any part of the outer portion of said premises, any
sign or advertisement except upon first obtaining written approval of Landlord
as to location, type and size of said sign or advertisement. Further, that we
will not make any alterations to said premises without the prior written consent
of the Landlord first had and obtained. LANDLORD GRANTS PERMISSION FOR TENANT TO
INSTALL SIGNS IN ACCORDANCE WITH THOSE PREVIOUSLY INSTALLED BY CRESTAR BANK.
TENANT HAS BEEN PROVIDED WITH DRAWINGS USED BY CRESTAR.
22. NOISE PROHIBITION Tenant will not operate or permit to be operated
any machine or other noise-making device in or about said premises that might be
objectionable to the public or adjacent tenants.
23. TENANT AND EMPLOYEE PARKING Tenant will cooperate with the Landlord
and other tenants toward having all tenants and employees park in designated
areas, such areas to be those furthest from the buildings in order that clients
and customers may park in areas closest to the building. LANDLORD HEREBY GRANTS
THE PRIVILEGED OF RESERVING SIX (6) PARKING SPACES IN FRONT OF THE BANK'S
ENTRANCE FOR USE BY BANK CUSTOMERS.
24. ALTERATIONS Tenant agrees that any and all plans for modification
and/or improvements affecting the electrical, structural or mechanical systems
of the demised premises shall be submitted to the Landlord for prior written
approval and any such modification or improvements shall become part of the
realty and shall not be removed at the termination of this Commercial Lease
Agreement or any renewals or extensions thereof without prior written consent of
the Landlord first had and obtained.
25. DEFAULT IN RENT If Tenant shall fail to pay the rent, or any
installment thereof as aforesaid, at the time the same shall become due and
payable and/or any additional rent as herein provided, although no demand shall
have been made for the same, and such failure is not cured within ten (10) days
following written notice from Landlord to Tenant, or if the Tenant shall violate
or fail or neglect to keep and perform any of the non-monetary covenants,
conditions and agreements herein contained on the part of the Tenant to be kept
and performed and such violation or default is not cured within thirty (30) days
after written notice of such default from Landlord, or as to those violations or
defaults which are not capable of being cured within thirty (30) days, if Tenant
shall fail to commence to cure such violation or default within thirty (30) days
of such notice and diligently pursue the curing of such violation or default
then at the option of the Landlord, the Tenant's right of possession shall
thereupon cease and determine, and shall operate as a "Notice to Quit'', the
thirty (30) days written Notice to Quit being hereby expressly waived. In such
event, Landlord may proceed to recover possession of premises under and by
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virtue of the provisions of the Code of Law and Amendments for the State of
Maryland, or by such legal process as may at the time be in operation and force
in like cases relating to proceedings between Landlord and Tenant. When such
possession is obtained, Landlord may re-rent the demised premises at the risk
and cost of the defaulting Tenant whose default in no instance shall relieve him
of liability for the difference between the rent herein reserved and the rent
actually received by the Landlord during the term remaining after such default
occurs.
26. ACCELERATION OF RENT Provided always, that if Tenant shall fail to
pay said rent as aforesaid, or break or violate any of the within covenants,
conditions or agreements, then and in any of said events, this lease and all
things herein contained shall, at the option of the Landlord, cease and
determine, if such failure or violation shall continue for a period of thirty
(30) days after Tenant is in receipt of written notice of such failure or
violation, Landlord may proceed to recover possession of the premises under and
by virtue of the provisions of the Code of Laws and amendments for the State of
Maryland, or by such legal process as may at the time be in operation and force
in like cases relating to proceedings between Landlord and Tenant, and when such
possession is obtained, default in no instance shall relieve him of liability
for the difference between the rent herein reserved and the rent actually
received by Landlord during the term remaining after such default occurs.
27. LATE FEE Time being of the essence in this Commercial Lease
Agreement, Tenant agrees to pay the sum of five percent (5%) of the monthly
rent, if rent payment is not received by the Landlord by the tenth (10th) of
each month. The aforesaid five percent (5%) late penalty shall be assessed only
once for any given month that is in arrears.
28. TERMINATION BY INSOLVENCY It is further agreed and understood that
in the event the Tenant is adjudicate a bankrupt or makes an assignment for the
benefit of his creditors, this agreement shall, at the option of the Landlord,
cease and determine and said premises shall be surrendered to Landlord, who
reserves the right in either of said events to forthwith re-enter and
repossesses such premises.
29. FIRE CLAUSE It is further understood and agreed that if said
premises, or any part thereof, shall at any time be destroyed by fire, act of
God or of a public enemy, or other unavoidable casualty, as to be unfit for
occupancy or use, then the rents herein reserved, or a fair and just proportion
thereof according to the nature and extent of the damage sustained, shall, until
the premises shall be rebuilt or restored and made fit for occupancy or use, be
suspended and cease to be payable or these presents shall, at the election of
the Landlord or Tenant, hereby be determined and ended, notice of which election
shall be served by the party exercising such election on the other party by
written notice duly sent by certified United States Mail within thirty (30) days
from the date of said destruction. If this Lease Agreement is not terminated
pursuant to the foregoing sentence, Landlord will promptly restore the building
and the demised premises to such condition as existed immediately prior to the
fire or other casualty. If Landlord does not complete such restoration work
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within 180 days following the date of the fire or other casualty, then Tenant
may terminate this Lease at any time after expiration of said 180-day period by
giving the Landlord written notice of termination effective thirty (30) days
after the date of such notice.
30. TENANT HOLDOVER If the Tenant shall, with the knowledge and consent
of the Landlord, continue to remain in the premises after the expiration of the
term of this Commercial Lease Agreement, then and in that event, Tenant shall,
by virtue of this agreement become a tenant by the month at the rental per month
of the monthly installment of rent agreed by the said Tenant to be paid as
aforesaid, commencing said monthly tenancy with the first day next after the end
of the term above, and said Tenant shall give to the Landlord at least thirty
(30) days' written notice to quit said premises, from the first of the month,
except in the event of nonpayment of rent in advance or of the breach of any
other covenant by said Tenant, in which event the said Tenant shall not be
entitled to any notice to quit, the usual thirty (30) days' notice to quit being
hereby expressly waived; provided, however, that in the event that the Tenant
shall hold over after the expiration of the term hereby created, and if the
Landlord shall desire, to regain possession of said premises promptly at the
expiration of the term aforesaid, then at any time prior to Landlord's
acceptance of rent from the Tenant as a monthly tenant hereunder, the Landlord,
at its option, may forthwith re-enter and take possession of said premises
without process, or by any legal process in force.
31. GENERAL It is further understood and agreed that the covenants,
conditions and agreements contained in the within Commercial Lease Agreement are
to be performed by the respective parties are binding on any may be legally
enforced by the said parties, their heirs, executors, administrators, successors
and assigns, respectively. Feminine or neuter pronouns shall be substituted for
those of the masculine form, and the plural shall be substituted for the
singular number, in any place or places herein in which the context may require
such substitution or substitutions. The Landlord herein for convenience has been
referred to in neuter form. Whenever the Landlord's consent is required under
this Commercial Lease Agreement, such consent will not be unreasonably withheld.
32. BROKER'S COMMISSION The Landlord hereby appoints Xxxxx & Company
Commercial Brokers, Inc. as the Leasing Agent of said premises. In the event the
separate management agreement of said premises is terminated with Xxxxx and
Company, the Landlord agrees for and in consideration of its services in
securing Tenant hereunder and in negotiating this agreement, to pay a fee equal
to four (4) percent of the gross rental due under and for any unexpired terms of
this Commercial Lease Agreement and any options thereto. Such a fee shall become
due and payable immediately upon termination of the aforementioned management
agreement. In the event Agent is required to take legal action against the
Landlord for the collection of money due under this paragraph, the Agent shall
be entitled to collect in addition to the four percent fee all legal fees, court
costs and other, related expense that are required to collect the money clue.
33. ELEVATORS Elevators will not be put in service for moving during
the hours of 8:00 A.M. - 9:00 A.M., 11:30 A.M. - 1:00 P.M. and 4:00 P.M. - 5:00
P.M.
34. SECURITY DEPOSIT Deleted.
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35. WAIVER It is further understood and agreed that a waiver of one or
more breaches of a covenant herein contained shall not be considered a waiver of
the covenant or agreement itself or of any subsequent or other breach of the
same covenant or agreement.
36. EMINENT DOMAIN If all of the Premises shall be taken for public or
quasi-public use by right of eminent domain, or transferred by agreement in
connection with such public or quasi-public use, with or without any
condemnation action or proceeding being instituted, this Lease shall terminate
as of the date title shall vest in the condemner or transferee. In the event of
any taking or appropriation whatsoever, Tenant shall have no claim against
Landlord, but this provision shall not preclude Tenant from recovering damages
against the condemning authority or transferee to the extent permitted by law.
If the taking is less than all of the Premises, the Tenant shall have the option
of terminating the Lease.
37. QUIET ENJOYMENT It is further understood and agreed that subject to
the terms and conditions of this Commercial Lease Agreement, that Tenant, paying
the rent hereby reserved, and performing and observing the covenants hereof, may
peacefully hold and enjoy the said premises throughout the duration of this
Commercial Lease Agreement without any interruption by the Landlord, his heirs
or assigns or any person lawfully claiming through him.
38. MISCELLANEOUS This Commercial Lease Agreement shall inure to the
benefit of Landlord and Tenant and their successors and assigns. Nothing in this
paragraph shall give Tenant any rights to assign this Lease in excess of those
given in paragraphs 12.
39. EXHIBITS Exhibit A "Tenant's Floor Plan" is attached hereto and
made a part hereof.
A. Exhibit B, "Landlord/Tenant Special Provisions", is attached
hereto and made a part hereof.
B. Exhibit D, "Rules and Regulations," is attached hereto and
made a part hereof.
40. LANDLORD IMPROVEMENTS Prior to the commencement date of the term of
this Lease, Landlord, at its expense, shall complete all leasehold improvements
to the demised premises as shown on Exhibit B attached hereto. Tenant shall
obtain, at its expense, all design work, space plans, drawings, specifications,
architectural drawings and building, sign, use and occupancy permits.
41. OPTIONS Provided that Tenant is not in default of any of the terms
and conditions of this Lease Agreement, Tenant shall have the option to extend
the original term for THREE (3) additional period of FIVE (5) years. This
provision will automatically extend the term of the lease unless Tenant shall
give Landlord written notice of his intent NOT TO EXERCISE this option. Said
notice must be sent to Landlord not less than One Hundred Eighty (180) days
prior to the expiration of the lease agreement. Notice is to be sent via
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Certified Mail Return Receipt Requested. The beginning annual rent for each
option term shall be the leases prior year's annual rate plus one and a half
(1.5%).
42. ADDITIONAL PROVISIONS Tenant agrees to surrender the demised
premises at the termination of the tenancy herein created in the same condition
as the demised premises were in at the beginning of the tenancy, reasonable wear
and tear excepted. All trade fixtures, furniture and equipment installed by the
Tenant in the demised premises shall remain the property of the Tenant and shall
be removed at the expiration or earlier termination of this Lease. Provided
that, in the event of such removal, the Tenant shall promptly restore any damage
to the demised premises caused by such removal.
43. NOTICE Wherever in this Commercial Lease Agreement provision is
made for notice of any kind, it shall be in writing, and sent Certified Mail,
postage pre-paid, addressed to the Tenant at the demised premises and to Agent
at X.X. Xxx 000, Xxxxxxx, Xxxxxxxx 00000. Alternatively, notice may be given by
receipted hand delivery. If mailed, notice shall be effective three (3) business
days after being deposited in the mail. If given by hand delivery, notice shall
be effective upon receipt.
IN TESTIMONY WHEREOF, Landlord and Tenant have hereunto signed their
names and affixed their seals.
TENANT:
Signed in the Presence of: Old Line National Bank
___________________________________ By: ______________________________
Witness
___________________________________ By: ______________________________
Witness
LANDLORD: 7801 JOINT VENTURE, LLC
___________________________________ By: ______________________________
Witness
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EXHIBIT A
FLOOR PLAN
EXHIBIT B
LANDLORD/TENANT PROVISIONS
1. LANDLORD RESPONSIBILITIES to be completed within ninety (90) days
from the ratification date of this Lease.
a. Landlord will repaint the "burgundy" overhang on the exterior of
the building.
b. Landlord will replace the concrete steps leading to the bank's
front entrance.
c. Landlord will landscape the parking lot island.
d. Landlord will replace with new, 8 window HVAC units.
e. Landlord will aggressively trim and mow annually the trees in the
front parking lot. f. Seal and stripe the parking lot. g. Repair
drive-in canopy.
2. TENANT RESPONSIBILITIES
a. Install canopy above and across the front of the building where
the bank will be located. Color to be blue to match the building.
b. Install two new windows, one on each side of the front doors to
the bank.
c. Tenant to perform all interior improvements of which the costs
will not be less than $50,000. Included in this figure is the
drive-in window equipment.
d. Tenant will replace at tenant's expense approximately 106 blue
ceramic tiles on the front entrance canopy with burgundy color
tiles.
3. This lease agreement is subject to final approval:
a. Old Line National Bank Board of Directors
b. All regulatory agencies
EXHIBIT D
BUILDING RULES AND REGULATIONS
1. The sidewalks, entries, passages, court corridors stairways and
elevators shall not be obstructed by any of the Tenants, their employees or
agents, or used by them for purposes other than ingress and egress to and from
their respective suites.
All safes or other heavy articles shall be carried up or into the
premises only at such times and in such manner as shall be prescribed by the
Landlord and the Landlord shall in all cases have the right to specify the
property weight and position of any such safe or other heavy article. Any damage
done to the building by taking in or removing any safe or from overloading any
floor in any way shall be paid by the Tenant. Defacing or injuring in any way
any part of the building by the Tenant, his agents or employees, shall be paid
for by the Tenant within ten (10)days of being billed by Landlord.
2. Tenant will refer all contractors, contractors' representatives and
installation technicians rendering any service on or to the premises for Tenant
to Landlord for Landlord's approval and supervision before performance of any
contractual service. This provision shall apply to all work performed in the
building, including installation of telephones, telegraph equipment, electrical
devices and attachments and installations of any nature affecting floors, walls
woodwork, trim, windows, ceilings, equipment or any other physical portion of
the Building.
3. No sign, advertisement or notice shall be inscribed, painted or
affixed on any part of the inside or outside of the said Building unless of such
color, size, and style and in such place upon or in said Building as shall first
be designated by Landlord; there shall be no obligation or duty on Landlord to
allow any sign, advertisement or notice to be inscribed, painted or affixed on
any part of the inside or outside of said Building. Signs on doors will be made
for the Tenant by a sign company approved by Landlord, the cost of the sign to
be paid by the Tenant. A directory in a conspicuous place, with the names of the
Tenants, will be provided by Landlord; any necessary revision in this will be
made by Landlord within a reasonable time after notice from the Tenant of the
error or change making the revision necessary. The cost of any directory strip
is Tenant's responsibility. No furniture shall be placed in front of the
Building or in any lobby or corridor without written consent of Landlord.
Landlord shall have the right to remove all other signs and furniture, without
notice to Tenant at the expense of Tenant.
4. Tenant shall have the non-exclusive use in common with the Landlord,
other tenants, their quests and invitees, of the uncovered automobile parking
areas, driveways and footways, subject to reasonable rules and regulations for
the use thereof as prescribed from time to time by Landlord. Landlord shall have
the right to designate parking areas for the use of the building tenants and
their employees, and the tenants and their employees shall not park in parking
areas not so designated. Tenant agrees that upon written notice from Landlord,
it will finish to Landlord, within five (5) days from receipt of such notice,
the state automobile license numbers assigned to the automobiles of the Tenant
and its employees.
5. No Tenant shall do or permit anything to be done in said premises,
or bring or keep anything therein, which will in any way increase the rate of
fire insurance on said building, or on property kept therein, or obstruct or
interfere with the rights or other Tenants, or in any way injure or annoy them,
or conflict with the laws relating to fire, or with any regulations of the fire
department, or with any insurance policy upon said building or any part thereof,
or conflict with any rules or ordinances of the Board of Health or Prince
George's County, Maryland or any governing bodies.
6. Deleted.
7. All keys shall be furnished by the Landlord, and the same shall be
surrendered upon the termination of this Lease, and the Tenant shall give the
Landlord or his agents explanation of the combination of all locks upon the
doors of vaults.
8. No windows or other openings that reflect or admit light into the
corridors or passageways, or to any other place in said buildings, shall be
covered or obstructed by any of the tenants.
9. The water closets and other water fixtures shall not be used for any
purpose other than those for which they were constructed, and any damage
resulting to them from misuse, or the defacing or injury of any part of the
building, shall be borne by the person who shall occasion it.
10. No person shall disturb the occupants of the building by the use of
any musical instruments, the making of unseemly noises, or any unreasonable use.
No dogs or other animals or pets of any kind will be allowed in the building.
11. No bicycles or similar vehicles will be allowed in the building.
12. Nothing shall be thrown out the windows of the building or down the
stairways or other passages.
13. Tenant shall not be permitted to use or to keep in the building any
kerosene, camphene, burning fluid or other illuminating materials.
14. If any tenant desires telegraphic, telephonic or other electric
connections, Landlord or its agents will direct the electricians as to where and
how the wires may be introduced, and without such directions no boring or
cutting for wires will be permitted.
15. If tenant desires shades or awnings, they must be of such shape,
color, materials and make as shall be prescribed by Landlord and any outside
awning proposed may be prohibited by Landlord. Landlord or its agents shall have
the right to enter the premise, to examine the same or to make such repairs,
alterations or additions as Landlord shall deem necessary for the safety,
preservation or improvement of the building; and the Landlord or its agents may
show said premises and may place on the windows or doors thereof, or upon the
bulletin board, a notice "For Rent or Lease" for one month prior to the
expiration of the lease.
16. No portion of the building shall be used for the purpose of lodging
rooms or for any immoral or unlawful purposes.
17. All glass, locks and trimmings in or about the doors and windows
and all electric fixtures belonging to the building shall be kept whole, and
whenever broken by Tenant or Tenant's guests or invitees shall be immediately
replaced or repaired and put in order by Tenant under the direction and to the
satisfaction of Landlord, and on removal shall be left whole and in good repair.
18. Tenant shall not install or authorize the installation of any
vending machines or food preparation devices without Landlord approval, except
Tenant may install a microwave oven.
