LEASE AGREEMENT
CTI MOLECULAR IMAGING, INC.,
as Landlord,
and
CTI PET SYSTEMS, INC.,
as Tenant.
Dated: November 1, 2002
Premises:
810 Innovation Drive Knoxville, Tennessee 37932
830 Corridor Park Boulevard Knoxville, Tennessee 37932
835 Innovation Drive Knoxville, Tennessee 37932
3100 Stock Creek Boulevard Rockford, Tennessee 37853
10516 Lexington Drive Knoxville, Tennessee 37932
全文目录如下:
详细内容见附件
ARTICLE 1 REFERENCE DATA AND DEFINITIONS
ARTICLE 2 DEMISED PREMISES AND TERM
SECTION 3.4. BASIC RENT ADJUSTMENT
SECTION 5.2. EXCLUSIONS FROM IMPOSITIONS
ARTICLE 6 CONDUCT OF BUSINESS BY TENANT
SECTION 6.1. USE OF DEMISED PREMISES
SECTION 6.2. COMPLIANCE WITH LAWS AND REQUIREMENTS OF PUBLIC AUTHORITIES
SECTION 7.3. INSURERS AND POLICIES
SECTION 7.5. ADDITIONAL INSURED
SECTION 7.7. CONCURRENT AND BLANKET INSURANCE
ARTICLE 8 REPAIRS, ALTERATIONS AND MECHANICS' LIENS
SECTION 8.2. ALTERATIONS BY TENANT
SECTION 8.3. ALTERATIONS BY LANDLORD
SECTION 9.1. BUILDING SERVICES
SECTION 9.3. INTERRUPTION OF SERVICES
SECTION 9.4 BUILDING AND ENVIRONMENTAL CONTROL
ARTICLE 10 LANDLORD'S RIGHT TO CURE
SECTION 10.1. LANDLORD'S RIGHT TO CURE
SECTION 11.1. TENANT'S INDEMNITY AND LANDLORD'S NON-LIABILITY
SECTION 11.2. TENANT'S WAIVER OF SUBROGATION
SECTION 11.3. LANDLORD'S INDEMNITY AND TENANT'S NON-LIABILITY
SECTION 11.4. LANDLORD'S WAIVER OF SUBROGATION
SECTION 12.2. RESTORATION OF IMPROVEMENTS
SECTION 13.1. TAKING OF DEMISED PREMISES
SECTION 13.3. RENT ADJUSTMENT FOR PARTIAL TAKING
SECTION 14.1. ACCESS TO DEMISED PREMISES
ARTICLE 15 ASSIGNMENT AND SUBLETTING
SECTION 16.2. MEASURE OF DAMAGES
SECTION 17.1. EVENTS OF DEFAULT
SECTION 17.3. WAIVER OF JURY TRIAL
SECTION 18.2. TENANT'S PROPERTY
SECTION 18.4. PAYMENTS AFTER TERMINATION
ARTICLE 19 CONDITION OF DEMISED PREMISES
SECTION 19.1. CONDITION OF DEMISED PREMISES
ARTICLE 20 REMEDIES CUMULATIVE
ARTICLE 21 ESTOPPEL CERTIFICATE, SUBORDINATION, ATTORNMENT
SECTION 21.1. ESTOPPEL CERTIFICATE
ARTICLE 24 MISCELLANEOUS PROVISIONS
SECTION 24.1. SURVIVAL OF TENANT'S OBLIGATION
SECTION 24.2. APPLICABLE LAW AND CONSTRUCTION
SECTION 24.4. NO REPRESENTATIONS BY LANDLORD
SECTION 24.7. DEFINITION OF LANDLORD
SECTION 24.8. EXCULPATORY CLAUSE
SECTION 24.10. ENTIRE AGREEMENT; MODIFICATION
LEASE AGREEMENT
This Lease Agreement ("LEASE") is made between Landlord and Tenant named in ARTICLE 1 as of the date set forth therein. Landlord and Tenant, inconsideration of the covenants contained herein, agree as follows:
ARTICLE 1
REFERENCE DATA AND DEFINITIONS
The following are definitions of terms used in this Lease, and each reference in this Lease to any of the following subjects shall be construed to incorporate the data, terms, covenants and provisions stated for that subject in this ARTICLE 1:
DATE OF EXECUTION OF LEASE: |
November 1, 2002 |
LANDLORD: |
CTI Molecular Imaging, Inc. a Delaware corporation |
LANDLORD'S ADDRESS FOR RENT AND NOTICES: |
810 Innovation Drive Knoxville, Tennessee 37932 |
TENANT: |
CTI PET Systems, Inc. a Tennessee corporation |
TENANT'S ADDRESS FOR NOTICES: |
810 Innovation Drive Knoxville, Tennessee 37932 |
LAND: |
The Land described on EXHIBIT A hereto. |
DEMISED PREMISES: |
The portion of the buildings, structures and improvements located upon the Land (the "BUILDINGS") occupied from time to time by Tenant, and the nonexclusive right to occupy and use Common Areas, as described on EXHIBIT B hereto. |
TENANT'S PRO RATA SHARE: |
The number of square feet occupied by Tenant divided by the total space in the Buildings. As of the Commencement Date, the total space in the Buildings will be 277,007 square feet. Upon completion of the additional mezzanine space in Buildings 2 and 3 at 810 Innovation Drive the total space will be 290,007 square feet. |
COMMENCEMENT DATE: |
January 1, 2003. |
EXPIRATION DATE: |
December 31, 2012. |
TERM: |
Ten years. |
RENEWAL TERM: |
Two successive terms for five years each. |
BASIC RENT: |
Eleven dollars ($11.00) per square foot per year for office space, and eight dollars ($8.00) per square foot per year for manufacturing space, and four dollars ($4.00) per square foot per year for warehouse space at 10516 Lexington Drive plus Tenant's Pro Rata Share of eleven dollars ($11.00) per square foot per year for Common Areas of the Building, from the Commencement Date until the Expiration Date, subject to adjustment pursuant to SECTION 3.4. |
BASIC RENT ADJUSTMENT: |
Increase by 100% of increase in Consumer Price Index increase, not to exceed 3% per year, at the end of years 3,6 and 9, as provided in SECTION 3.5. |
CPI DATES: |
The end of the month during which the expiration of three, six and nine years from the Commencement Date occurs. |
BUSINESS DAY: |
A day on which banks in Knoxville, Tennessee are opened for business. |