6f SeaTac office center lease amendment draft

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FOURTH AMENDMENT TO LEASE 
THIS FOURTH AMENDMENT TO LEASE ("Fourth Amendment") is made this
____ day of November, 2017 ("Effective Date"), by and between STOC, LLC, a Delaware
limited liability company ("Landlord") and PORT OF SEATTLE, a municipal corporation
("Tenant"). 
RECITALS 
A.    Landlord's predecessor-in-interest, SeaTac Venture 2010 LLC, and Tenant
entered into the Triple Net Lease Agreement dated May 6, 2015 ("Initial Lease"), as amended
by the First Amendment to Lease dated October 8, 2015 ("First Amendment"), the Second
Amendment to Lease, dated November 11, 2016 ("Second Amendment"), and the Third
Amendment to Lease, dated August 1, 2017 ("Third Amendment") for approximately 21,003
rentable square feet of space within Suite 400 ("Original Premises") of the building located at
18000 International Blvd., SeaTac, Washington ("Building"). As used herein, "Amended
Lease" means the Initial Lease as amended by the First Amendment, Second Amendment and
Third Amendment and "Lease" means the Amended Lease as modified by this Fourth
Amendment.
B.    Landlord and Tenant desire to amend the Amended Lease as further provided in
this Fourth Amendment.
AGREEMENT 
In furtherance of the Recitals set forth above, which are incorporated herein by reference,
and in consideration of the mutual promises and covenants set forth below, and for other good
and valuable consideration, the receipt of which is hereby acknowledged, the parties
acknowledge and agree to the following: 
1.     Capitalized Terms. Except as otherwise specifically defined herein, all capitalized
terms shall have the meanings assigned to such terms in the Amended Lease. 
2.     Basic Terms. The Basic Terms are amended as follows: 
a.  Land. The legal description of the land on which the Project is located as set
forth in Exhibit A to the Initial Lease is hereby deleted and replaced with the
legal description set forth in Exhibit A attached to this Fourth Amendment. 
b.  Project. Commencing as  of August 1, 2019, the rentable square footage 
(RSF) of the Project shall be 547,746 RSF. (Pursuant to Section 2(d) below,
all references to "Project" shall be to "Office Complex.") 
c.  Building. Commencing as of August 1, 2019, the rentable square footage of
the Building is 214,664 RSF.


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d.  Office Complex. References to "Project" in the Amended Lease are hereby
deleted and replaced with "Office Complex." 
e.  Term. With respect to the Original Premises, the Term will be extended from
August 1, 2019 to the Term Expiration Date (as defined below). 
f.   Original Premises. As of August 1, 2019, the Original Premises shall
increase from 21,003 to 22,302 rentable square feet of space, based on the remeasurement
described in Section 2.j(iii)(3) below. 
g.  Expansion  Premises. Commencing  as  of  the  Expansion  Premises
Commencement Date (as defined below) and expiring on the Term Expiration
Date, the Tenant shall lease Suites 407, 401 and 401C located on the 4th floor
of the Building consisting of 24,424 rentable square feet and depicted on
Exhibit B attached to this Fourth Amendment ("Expansion Premises"). 
h.  Premises. The combined Original Premises and Expansion Premises
consisting of 46,726 rentable square feet as of August 1, 2019. 
i.   Expansion Premises Commencement Date/Term Expiration Date.
i.  Expansion  Premises  Commencement  Date.    The  Expansion
Premises Commencement Date shall be that date which is fourteen
(14) days following the date on which Landlord has substantially
completed Landlord's Work (as defined below). It is anticipated that
the Expansion Premises Commencement Date shall be May 1, 2018 
("Anticipated Commencement Date"). For the purpose of this Fourth
Amendment, the term "First Lease Year" shall commence  on the 
Expansion Premises Commencement  Date,  and shall  include the
following  twelve  (12)  month  period, if the Expansion Premises
Commencement Date falls on the first day of a month. If the 
Expansion PremisesCommencement Date occurs on a date other than 
the first day of a month, the First Lease Year shall include the portion 
of the month in which the Expansion Premises Commencement Date
shall occur as well as the next twelve (12) calendar month period. If for
any reason possession of the Expansion Premises is not delivered
within  one  hundred  eighty  (180) days  of  the  Anticipated
Commencement Date, Tenant may elect not to lease the Expansion
Premises by written notice to Landlord given after such one hundred
eighty (180) day period but prior to delivery of possession; provided,
Tenant's right of termination shall not arise until such one hundred
eighty (180) day period expires.
ii.  Term Expiration Date. The Term Expiration Date  (for the entire
Premises including the Original Premises) shall be the day
immediately preceding the sixth (6th) anniversary of the Expansion

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Premises Commencement Date; provided, however, that if the
Expansion Premises Commencement Date is a date on than the first
day of a calendar month, then the Term Expiration Date (for the entire
Premises including the Original Premises) shall be  the day
immediately preceding the sixth (6th) anniversary of the first day of the
calendar month following the Expansion Space Commencement Date. 
iii.  Commencement Date Certificate.  With respect to the Expansion
Premises,  Landlord  will  prepare  and  deliver  to  Tenant  a
commencement certificate substantially in the form as set forth in
Exhibit E to the Initial Lease, which Tenant shall acknowledge by
executing a copy and returning it to Landlord. If Tenant fails to sign
and return the Commencement Letter to Landlord within ten (10) days
of its receipt from Landlord, Landlord shall send Tenant a reminder
notice. If Tenant fails to sign and return the Commencement Letter to
Landlord within three (3) days of its receipt of the reminder notice, the
Commencement Letter as sent by Landlord shall be deemed to have
correctly set forth the Expansion Premises Commencement Date and
the other matters addressed in the Commencement Letter. Failure of
Landlord to send the Commencement Letter shall have no effect on the
actual Expansion Premises Commencement Date. 

j.   Tenant's Proportionate Share of Operating Expenses. 
i.  For  the  period  from  the  Effective  Date  through  the  Expansion
Premises Commencement Date, Tenant's Proportionate Share of
Operating Expenses shall be as currently set forth in the Amended
Lease. 
ii.  For the period from the Expansion Premises Commencement Date  to
July 31, 2019, Tenant's Proportionate Share of Operating Expenses
shall be as follows: 
1.  With respect to the Building- 45,427 RSF / 209,904 RSF or
21.64%. 
2.  With respect to the Office Complex- 45,427 RSF / 539,039
RSF or 8.43%. 
iii.  For the period from August 1, 2019 to the Term Expiration Date, 
Tenant's Proportionate Share of Operating Expenses shall be as
follows: 
1.  With respect to the Building- 46,726 RSF / 214,664 RSF or
21.77%. 


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2.  With respect to the Office Complex- 46,726 RSF / 547,746 
RSF or 8.53%. 
3.  Industry standard  for measuring  buildings  is set by the
Building Owners & Managers Association (BOMA). When the
Original Lease was signed in May of 2015, the measurements
used were from the original builder. New owners purchased the
building in late 2015 and re-measured it according to the
current BOMA standards, resulting in an increase of 1,299
RSF, which will become effective on August 1, 2019. 
k.  Rent Adjustment. 
i.  With respect to the Original Premises, the monthly rent will not
change from the lease amounts defined in the original lease and as
amended by the Second and Third amendments. 
ii.  With respect to the Expansion Premises (24,424 RSF), monthly Base
Rent shall be as follows: 
Months          Rate/RSF/Year       Monthly Base Rate 
Expansion Premises             $16.12             $32,809.57 
Commencement Date  end
of the First Lease Year 
The first day following the          $16.62              $33,827.24 
expiration of the First Lease
Year  July 31, 2019 
*If the Expansion Premises Commencement Date occurs on a date other than the first day of a
calendar month, monthly Base Rent for such month shall be prorated based on the actual number
of days in such month. 
iii. With respect to the Premises (46,726 RSF), monthly Base Rent shall
be as follows: 

Months          Rate/RSF/Year       Monthly Base Rate 
August 1, 2019- April 30,          $16.62              $64,715.51 
2020 
May 1, 2020  April 30,           $17.12              $66,662.43 
2021 
May 1, 2021  April 30,           $17.62              $68,609.34 
2022 
May 1, 2022  April 30,           $18.12              $70,556.26 
2023 
May 1, 2023  April 30,           $18.62              $72,503.18 
2024 

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l.   Parking. Notwithstanding anything to the contrary contained in the Amended
Lease (including without limitation, the reference to "84 unreserved spaces"
in the Basic Terms of the Initial Lease), commencing on the Expansion
Premises Commencement Date, Tenant shall have 234 (in the aggregate)
unreserved surface parking stalls. All Port of Seattle fleet vehicle parking will
be in stalls shown in the parking area shown in green in Exhibit C attached to
this Fourth Amendment, with the exception of vehicles needed for individuals
with ADA requirements. ADA exceptions shall be communicated to Landlord
in writing. In the event Tenant requires parking beyond such 234 spaces,
including without limitation guest parking, Landlord reserves the right to
charge for such parking. Notwithstanding anything to the contrary in this
Lease, at any time after the Building achieves 80% occupancy, Landlord shall
have the right, in its sole discretion, to institute one or more parking programs
at any time during the Term of this Lease, including without limitation a valet
parking program, the cost of which shall be included in Operating Expenses.
Costs of any parking program implemented will be proportionately shared by
all tenants of the Office Complex. 
3.     Fitness Passes. Tenant shall have thirty (30) fitness passes to the gym located in the
South Tower of the Office Complex. 
4.     Rules and Regulations. The Rules and Regulations as set forth in the Amended
Lease are hereby deleted and replaced with the Rules and Regulations set forth in
Exhibit D attached hereto. 
5.     Tenant Improvements: Tenant Improvement Allowance.  Subject to Landlord's
maintenance and repair obligations under the Lease, Tenant accepts the Premises
from Landlord in its existing as-is condition, and Tenant agrees that Landlord shall
have no obligation to improve the Premises during Term, as extended, or to
reimburse Tenant or provide an allowance for the cost of any improvements in the
Premises, except as set forth below.
a.  Tenant Improvements. Landlord shall   provide Tenant with a tenant
improvement allowance in connection with Landlord's construction of certain
tenant improvements in the Original Premises and Expansion Premises, as
more particularly described in the attached Exhibit E, Work Letter. 
b.  Early Access. Commencing as of the Effective Date, Tenant shall have
access to Suites 407 and 401(C) and upon such date as Suite 401 is vacated by
the existing tenant, Tenant shall have access to Suite 401, all for the purpose
of and for planning and measuring Tenant's personal property, furniture,
fixtures and equipment ("Tenant FF&E"). Commencing as of substantial
completion date of Landlord's Work ("Tenant FF&E Installation Date"),
Tenant shall have access to the Expansion Premises, for the purpose of
installing Tenant FF&E. Landlord will provide to Tenant seven (7) days

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advance notice of the Tenant FF&E Installation Date. During such early
access period between the Effective Date and Expansion Premises
Commencement Date, (i) Tenant's activities shall be subject to Landlord's
reasonable directives, (ii) Tenant shall not unreasonably interfere with
Landlord's or any other occupants activities, including without limitation in
connection with any use of the freight elevators serving the Building; and (iii)
all provisions of the Lease other than those relating to payment of monthly
Base Rent and additional rent shall apply to any such pre-commencement
occupancy of the Expansion Premises (including without limitation all
provisions relating to insurance, indemnity,  and freedom from liens and
Landlord's rules and regulations).
2.     Insurance.  As of the Effective Date, the insurance requirements applicable to
Tenant under the Lease are updated as set forth below. Sections 8.4, 8.5 and 8.6 of the Initial
Lease (as amended) are deleted in their entirety, and all references to Tenant's insurance under
the Amended Lease are modified to refer to this Section or the insurance hereunder, as
applicable. A revised Section 8.4 is included as follows: 
8.4    Tenant's Insurance.
8.4.1  Commercial General Liability Insurance. Tenant shall throughout
the Term, as extended, at its sole cost and expense, maintain in full force a policy or policies of
Commercial General Liability (CGL) insurance including contractual liability, on an occurrence
basis, with coverage at least as broad as the most commonly available ISO Commercial General
Liability policy CG 00 01, and with limits of at least Three Million Dollars ($3,000,000) per
occurrence and in the general aggregate, and including any necessary and appropriate extensions
to comply with the additional requirements of this Lease. These minimum required limits may
be satisfied by a combination of primary and Umbrella or Excess Liability limits. If more than
one of Tenant's locations are insured under a Commercial General Liability policy that is subject
to a general aggregate limit, then Tenant's policy shall include ISO form CG 25 04 - Aggregate
Limits of Insurance Per Location, evidencing compliance with the minimum limits described in 
this Section. Such insurance shall also cover independent contractor's liability, products and
completed operations liability, personal injury liability, all forms of liquor liability coverage;
shall specifically insure the indemnity agreement under Section 17.2 of the Initial lease; and shall
contain cross-liability endorsements.
8.4.2  Business Auto Liability Insurance. To the extent Tenant maintains
company vehicles for its employees or members, Tenant shall throughout the Term, as extended,
at its sole cost and expense, maintain in full force a policy or policies of Business Auto Liability,
on an occurrence basis, with coverage at least as broad as the most commonly available ISO
Commercial General Liability policy CA 00 01, and with limits of at least One Million Dollars
($1,000,000) combined single limit, and covering liability arising out of operation of owned,
hired and non-owned vehicles. Such limits may be achieved through the use of Umbrella
Liability insurance otherwise meeting the requirements of this Section. 
8.4.3  Worker's Compensation Insurance. Tenant shall at all times
maintain Worker's Compensation insurance in compliance with federal, state and local law and

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Employer's Liability coverage (contingent liability/stop gap) in the amount of $1,000,000 each
accident; $1,000,000 bodily injury by disease policy limit; and $1,000,000 bodily injury each
employee. 
8.4.4  Other. Landlord may by no less than ninety (90) days' notice,
require Tenant to increase the level of coverage or to procure other insurance coverage not
described herein provided such limits or coverage are generally comparable to the limits or
coverage required by owners of comparable buildings or if such changes are required by
Landlord's lender. 
8.4.5  Property Insurance. Tenant shall pay for and shall maintain in full
force and effect during the Lease Term property insurance covering the leasehold improvements
to the Premises made by or for Tenant, Tenant alterations, furniture, fixtures, equipment,
inventory and other personal property located on the Premises, in an amount of not less than one
hundred percent (100%) of replacement cost with no coinsurance penalty, on a "Special Form"
or "All Risks" basis on a form at least as broad as ISO form CP 10 30 (or equivalent Business
Owner's Policy), with flood and earthquake coverage if Landlord or its lender deems such
insurance to be necessary or desirable), and including replacement cost coverage for owned or
rented equipment and tools brought onto or used at the Building by Tenant. Tenant shall also
obtain and maintain Business Income and Extra Expense coverage with a period of indemnity of
not less than twelve (12) months. 
8.4.6  General Requirements. The policies of insurance containing the
terms specified herein, or duly executed certificates evidencing them, together with satisfactory
evidence of the payment of premiums thereon, shall be deposited with Landlord simultaneously
with Tenant's execution and delivery of this Fourth Amendment and thereafter not less than
thirty (30) days prior to the expiration of the original or any renewal term of such coverage. 
8.4.7  Licensed in State. All policies of insurance required to be carried
hereunder by Tenant must be written by companies reasonably satisfactory to Landlord and
licensed to do business in the State of in Washington. All policies of insurance required to be
maintained by Tenant shall be issued by insurance companies with an A.M. Best's financial
strength rating of "A-" or better and an A.M. Best's Financial Size Category of Class "IX" or
higher, and shall not contain a deductible greater than $2,500 or any self-insured retention unless
expressly approved in writing by Landlord.
8.4.8  Primary. All policies of liability insurance required to be carried
hereunder by Tenant shall contain a clause that such policy and the coverage evidenced thereby
shall be primary and non-contributing with respect to any policies carried by Landlord, and that
any coverage carried by Landlord shall be excess insurance. All insurance coverage must be on
an "occurrence" basis and "claims made" insurance is not acceptable. All policies carried by
Tenant shall contain a severability of interests endorsement.
8.4.9  Additional Insured. Tenant's liability policies shall name
Landlord, its property manager, and such other parties as Landlord may designate from time to
time, as additional insureds utilizing ISO Endorsement CG 20 1101 96 or its equivalent.

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"Certificate holder" status is not acceptable. Landlord shall be listed as a "loss payee" on
Tenant's property insurance policies as its interests may appear. 
8.4.10 Notice of Cancellation. Tenant's policies of insurance shall not be
subject to cancellation or reduction in coverage except upon at least thirty (30) days prior written
notice to each additional insured. If Tenant fails to comply with the insurance requirements set
forth in this Lease, Landlord shall have the right, but not the obligation, at any time and from
time to time, without notice, to procure such insurance and/or pay the premium for such
insurance, in which event Tenant shall repay Landlord, immediately upon demand by Landlord,
as additional rent, all sums so paid by Landlord together with interest thereon and any costs or
expenses incurred by Landlord in connection therewith, without prejudice to any other rights and
remedies of the Landlord under this Lease. 

3.     Entire Agreement. This Fourth Amendment and the Amended Lease constitute
the entire agreement between Landlord and Tenant with respect to the subject matter of this
Fourth Amendment.
4.     Brokers. Landlord was represented in this transaction by Jones Lang LaSalle
Americas, Inc. ("Landlord's Broker"). Tenant represents and warrants to Landlord that Tenant
has not dealt with any real estate broker, agent, finder or other person in connection with the
negotiation or execution of this Fourth Amendment. Tenant shall indemnify, defend and hold
Landlord harmless from and against all costs, expenses, attorneys' fees, liens and other liability
for commissions or other compensation claimed by any broker or agent claiming the same by,
through or under Tenant.  The foregoing indemnity shall survive the expiration or earlier
termination of the Lease.
5.     Termination Right. Provided that Tenant is not in default under the Lease, on
the fifth (5th) anniversary of the Expansion Premises Commencement Date ("Early Expiration
Date"), Tenant shall have the right to terminate the Lease following (a) twelve (12) month's
prior written notice to Landlord notifying Landlord of Tenant's election to terminate the Lease
on the Early Expiration Date ("Notice Date") and (b) payment to Landlord on the Notice Date of
an amount equal to the unamortized tenant improvement allowance and transaction costs
associated with this 4th Amendment (amortized through the Early Expiration Date), all as
reasonably determined by Landlord, plus two (2) months of rent (using the base rent amount due 
in the fifth year). Landlord shall provide a calculation to Tenant of such payoff amount upon
request. 
6.     Full Force and Effect. Except as specifically set forth herein, the Amended
Lease is and remains in full force and effect and binding on the parties. Tenant confirms that
Landlord is not now and has not in the past been in default under the Lease, and that Tenant has
no claim against Landlord for damages or offset of any kind.
7.     Authority. Landlord and Tenant each represents and warrants to the othe r that
the party signing below on its behalf has the full power, capacity, authority and legal right to
execute and deliver this Fourth Amendment and to fully bind it to the terms hereof. 

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8.     Counterparts. This Fourth Amendment may be executed in one or more
facsimile or PDF counterparts, each of which shall be deemed to be an original, but all of which
together shall constitute one and the same instrument. 


















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IN WITNESS WHEREOF, the parties hereto have executed this Fourth Amendment as of
the Effective Date. 

LANDLORD:               TENANT: 
STOC, LLC,                     PORT OF SEATTLE, 
a Delaware limited liability company         a municipal corporation 
By: Urban Renaissance Property Company  By: __________________________ 
LLC                      Name: ________________________ 
Its: Authorized Signatory                   Its: ___________________________ 

By: __________________________ 
Name:
Its: 












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STATE OF WASHINGTON ) 
)ss. 
COUNTY OF KING    ) 

I certify that I know or have satisfactory evidence that __________________ is the
person who appeared before me, and said person acknowledged that he/she signed this instrument,
on oath stated that he/she was authorized to execute the instrument and acknowledged it as the
_________________ of Urban Renaissance Property Company LLC, known to me to be the
Authorized Signatory of STOC, LLC, a Delaware limited liability company, to be the free and
voluntary act of such party for the uses and purposes mentioned in the instrument. 
Dated: 

(Signature) 

(Print Name) 
Notary Public, in and for the State 
of          , residing at 
My Commission Expires 










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STATE OF WASHINGTON ) 
)ss. 
COUNTY OF KING    ) 

I certify that I know or have satisfactory evidence that ________________ is the person
who appeared before me, and said person acknowledged that he/she signed this instrument, on oath
stated that he/she was authorized to execute the instrument and acknowledged it as the
_________________ of Port of Seattle, a municipal corporation, to be his/her free and voluntary act
for the uses and purposes mentioned in the instrument. 
Dated: 

(Signature) 

(Print Name) 
Notary Public, in and for the State 
of          , residing at 
My Commission Expires 










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EXHIBIT A TO FOURTH AMENDMENT 
LEGAL DESCRIPTION 

PARCEL A: 
THAT PORTION OF THE NORTHERLY 250 FEET, AS MEASURED ALONG THE
EASTERLY LINE OF PACIFIC HIGHWAY, OF THAT PORTION OF THE SOUTHEAST
QUARTER OF THE NORTHEAST QUARTER OF SECTION 33, TOWNSHIP 23 NORTH,
RANGE 4 EAST, WILLAMETTE MERIDIAN, IN KING COUNTY, WASHINGTON, LYING
EASTERLY OF SAID PACIFIC HIGHWAY SOUTH, DESCRIBED AS FOLLOWS: 
BEGINNING AT THE INTERSECTION OF THE SOUTHERLY LINE OF SAID
NORTHERLY 250 FEET OF THE SOUTHEAST QUARTER OF THE NORTHEAST
QUARTER OF SAID SECTION 33 WITH THE EASTERLY LINE OF PACIFIC HIGHWAY
SOUTH (THE ASSUMED BEARING OF SAID PACIFIC HIGHWAY SOUTH BEING
SOUTH 144'28" EAST);  THENCE ALONG THE SOUTHERLY LINE OF SAID
NORTHERLY 250 FEET, SOUTH 8831'34" EAST 599.88 FEET TO THE EAST LINE OF A
TRACT DESCRIBED IN INSTRUMENT RECORDED DECEMBER 28, 1972 UNDER
RECORDING NO. 7212280221; THENCE NORTH ALONG SAID EAST LINE 231.19 FEET;
THENCE PARALLEL WITH THE ABOVE MENTIONED SOUTHERLY LINE NORTH
8831'34" WEST 606.91 FEET TO THE EASTERLY LINE OF PACIFIC HIGHWAY SOUTH;
THENCE ALONG SAID EASTERLY LINE SOUTH 144'28" EAST 231.48 FEET TO THE
POINT OF BEGINNING. 
PARCEL B: 
THAT PORTION OF THE NORTHEAST QUARTER OF SECTION 33, TOWNSHIP 23
NORTH, RANGE 4 EAST, WILLAMETTE MERIDIAN, IN KING COUNTY,
WASHINGTON, DESCRIBED AS FOLLOWS: 
BEGINNING AT THE INTERSECTION OF THE EASTERLY MARGIN OF PACIFIC
HIGHWAY SOUTH AND THE SOUTHERLY MARGIN OF SOUTH 176TH STREET, THE
CENTERLINES OF WHICH ARE 75 FEET WESTERLY AND 30 FEET NORTHERLY
THEREOF, RESPECTIVELY; THENCE SOUTH 0144'28" EAST ALONG SAID
EASTERLY MARGIN 836.00 FEET TO THE TRUE POINT OF BEGINNING; THENCE
CONTINUING SOUTH 0144'28" EAST ALONG SAID EASTERLY MARGIN 444.43 FEET
TO THE SOUTH LINE OF THE NORTHEAST QUARTER OF THE NORTHEAST
QUARTER OF SAID SECTION 33; THENCE CONTINUING SOUTH 0144'28" EAST
ALONG SAID EASTERLY MARGIN 18.52 FEET; THENCE SOUTH 8831'34" EAST
PARALLEL WITH THE SOUTH LINE OF THE NORTHEAST QUARTER OF SAID
NORTHEAST QUARTER OF SECTION 33, A DISTANCE OF 606.91 FEET TO THE EAST
LINE OF THAT TRACT OF LAND DESCRIBED IN INSTRUMENT RECORDED
DECEMBER 28, 1972 UNDER RECORDING NO. 7212280221; THENCE ALONG THE
EAST, SOUTH AND WEST BOUNDARIES OF SAID TRACT ON THE FOLLOWING
COURSES: 


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NORTH 10.01 FEET; THENCE SOUTH 8831'34" EAST 249.20 FEET TO THE WEST
MARGIN OF 32ND AVENUE SOUTH; THENCE NORTH 0304'28" EAST ALONG SAID
WESTERLY MARGIN 8.50 FEET TO SAID SOUTH LINE OF THE NORTHEAST
QUARTER OF THE NORTHEAST QUARTER OF SECTION 33 AND THE TERMINUS OF
SAID BOUNDARY AS DESCRIBED IN INSTRUMENT RECORDED DECEMBER 28, 1972
UNDER RECORDING NO.7212280221; THENCE CONTINUING NORTH 0304'28" EAST
ALONG SAID WESTERLY MARGIN 827.91 FEET, MORE OR LESS, TO THE LINE
DESCRIBED AS FOLLOWS: 
BEGINNING AT THE INTERSECTION OF THE EAST LINE OF PACIFIC HIGHWAY
SOUTH, HAVING A RIGHT ANGLE WIDTH OF 150 FEET, WITH THE SOUTH LINE OF
SOUTH 176TH STREET, HAVING A RIGHT ANGLE WIDTH OF 60 FEET; THENCE
SOUTHERLY ALONG SAID EAST LINE 636 FEET; THENCE EASTERLY AT RIGHT
ANGLES TO PACIFIC HIGHWAY SOUTH 100 FEET; THENCE NORTHERLY AT RIGHT
ANGLES TO SAID SOUTH 176TH STREET 180 FEET; THENCE EASTERLY PARALLEL
WITH SAID SOUTH 176TH STREET TO THE WEST LINE OF THE EAST 300 FEET OF
SAID NORTHEAST QUARTER AND THE TRUE POINT OF BEGINNING OF THIS LINE
DESCRIPTION; THENCE CONTINUING EASTERLY ALONG SAID PARALLEL LINE 280
FEET, MORE OR LESS, TO THE WEST LINE OF THE EAST 20 FEET OF SAID
NORTHEAST QUARTER AND THE END OF THIS LINE DESCRIPTION; THENCE
NORTH 8825'30" WEST 280.10 FEET; THENCE SOUTH 0304'28" WEST 349.92 FEET TO
A POINT ON A LINE FROM WHICH THE TRUE POINT OFBEGINNING BEARS SOUTH
8815'32" WEST; THENCE SOUTH 8815'32" WEST 616.27 FEET TO THE TRUE POINT
OF BEGINNING; EXCEPT THAT PORTION OF THE NORTHEAST QUARTER OF THE
NORTHEAST QUARTER OF SECTION 33, TOWNSHIP 23 NORTH, RANGE 4 EAST,
WILLAMETTE MERIDIAN, IN KING COUNTY, WASHINGTON, DESCRIBED AS
FOLLOWS: 
COMMENCING AT THE INTERSECTION OF THE EASTERLY MARGIN OF PACIFIC
HIGHWAY SOUTH, THE CENTERLINE OF WHICH IS 75 FEET WESTERLY THEREOF,
AND THE SOUTH LINE OF SAID SUBDIVISION; THENCE NORTH 0144'28" WEST
ALONG SAID EASTERLY MARGIN 220.46 FEET; THENCE SOUTH 8831'34" EAST
146.32 FEET TO THE TRUE POINT OF BEGINNING; THENCE NORTH 0127'50" EAST
201.40 FEET; THENCE SOUTH 8832'10" EAST 288.80 FEET; THENCE SOUTH 0127'50"
WEST 201.40 FEET; THENCE NORTH 8832'10" WEST 288.80 FEET TO THE TRUE
POINT OF BEGINNING; 
PARCEL C: 
THAT PORTION OF THE NORTHEAST QUARTER OF THE NORTHEAST QUARTER OF
SECTION 33, TOWNSHIP 23 NORTH, RANGE 4 EAST, WILLAMETTE MERIDIAN, IN
KING COUNTY, WASHINGTON, DESCRIBED AS FOLLOWS: 
COMMENCING AT THE INTERSECTION OF THE EASTERLY MARGIN OF PACIFIC
HIGHWAY SOUTH, THE CENTERLINE OF WHICH IS 75 FEET WESTERLY THEREOF,
AND THE SOUTH LINE OF SAID SUBDIVISION; THENCE NORTH 0144'28" WEST
ALONG SAID EASTERLY MARGIN 220.46 FEET; THENCE SOUTH 8831'34" EAST

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146.32 FEET TO THE TRUE POINT OF BEGINNING; THENCE NORTH 0127'50" EAST
201.40 FEET; THENCE SOUTH 8832'10" EAST 288.80 FEET; THENCE SOUTH 0127'50"
WEST 201.40 FEET; THENCE NORTH 8832'10" WEST 288.80 FEET TO THE TRUE
POINT OF BEGINNING. 
PARCEL D: 
THAT PORTION OF THE SOUTHEAST QUARTER OF THE NORTHEAST QUARTER OF
SECTION 33, TOWNSHIP 23 NORTH, RANGE 4 EAST, WILLAMETTE MERIDIAN, IN
KING COUNTY, WASHINGTON, DESCRIBED AS FOLLOWS: 
COMMENCING AT THE NORTHEAST CORNER OF SAID SOUTHEAST QUARTER OF
THE NORTHEAST QUARTER FROM WHENCE THE NORTHEAST CORNER OF SAID
SECTION 33 BEARS NORTH 0304'28" EAST; THENCE NORTH 8831'34" WEST 20.00
FEET TO THE WESTERLY MARGIN OF 32ND AVENUE SOUTH; THENCE SOUTH
0304'28" WEST ALONG SAID WESTERLY MARGIN 8.50 FEET TO THE POINT OF
BEGINNING OF THE PARCEL HEREIN DESCRIBED; THENCE NORTH 8831'34" WEST
249.20 FEET TO THE EASTERLY LINE OF THAT TRACT OF LAND DESCRIBEDIN
INSTRUMENT RECORDED DECEMBER 28, 1972 UNDER RECORDING NO. 7212280221;
THENCE SOUTH ALONG SAID EASTERLY LINE 398.65 FEET; THENCE NORTH
8213'07" EAST 102.00 FEET; THENCE NORTH 1411'41" WEST 2.67 FEET; THENCE
NORTH 5716'42" EAST 39.31 FEET; THENCE NORTH 5954'15" EAST 112.28 FEET;
THENCE NORTH 0804'33" EAST 48.05 FEET TO A POINT OF CURVATURE OF A
CURVE TO THE RIGHT HAVING A RADIUS OF 125.00 FEET; THENCE NORTHERLY
AND NORTHEASTERLY ALONG SAID CURVE 58.45 FEET TO A POINT FROM WHICH
THE RADIUS POINT BEARS SOUTH 5507'54" EAST, AND SAID POINT ALSO BEING
ON THE EAST LINE OF SAID SECTION 33; THENCE NORTH 0521'43" WEST 136.32
FEET; THENCE NORTH 1225'03" EAST 43.00 FEET; THENCE NORTH 1721'15" WEST
7.85 FEET TO THE SOUTHERLY MARGIN OF SOUTH 180TH STREET; THENCE ALONG
SAID SOUTHERLY MARGIN NORTH 8831'34" WEST 4.24 FEET TO A POINT ON THE
WESTERLY MARGIN OF 32ND AVENUE SOUTH; THENCE ALONG SAID WESTERLY
MARGIN 0304'28" EAST 11.51 FEET TO THE POINT OF BEGINNING. 
PARCEL E: 
A PARCEL OF LAND FOR A LEASE AREA OVER AND ACROSS THAT PORTION OF
THE NORTHEAST QUARTER OF SECTION 33, TOWNSHIP 23 NORTH, RANGE 4 EAST,
W.M., IN KING COUNTY, WASHINGTON, DESCRIBED AS FOLLOWS: 
BEGINNING AT A POINT ON THE EAST MARGIN OF PACIFIC HIGHWAY SOUTH,
SAID POINT BEING 250.00 FEET SOUTH, AS MEASURED ALONG SAID EAST
MARGIN, FROM THE NORTH LINE OF THE SOUTHEAST QUARTER OF THE
NORTHEAST QUARTER OF SAID SECTION 33; THENCE SOUTH 8814'55" WEST 42.00
FEET; THENCE NORTH 0138'51" EAST 391.78 FEET; THENCE SOUTH 8814'55" WEST
23.23 FEET; THENCE NORTH 0145'05" WEST 79.26 FEET; THENCE NORTH 8814'55"
EAST 9.80 FEET; THENCE NORTH 0019'50" EAST 188.82 FEET; THENCE SOUTH
8814'55" WEST 16.66 FEET; THENCE NORTH 0145'05" WEST 35.40 FEET; THENCE

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NORTH 8814'55" EAST 42.00 FEET TO SAID EAST MARGIN; THENCE SOUTH
0145'05" EAST ALONG SAID EAST MARGIN 694.43 FEET TO THE POINT OF
BEGINNING. 


















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EXHIBIT B TO FOURTH AMENDMENT 
Depiction of Expansion Premises 


















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EXHIBIT C TO FOURTH AMENDMENT 
Parking Area 


















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EXHIBIT D TO FOURTH AMENDMENT 
Rules and Regulations 
1.     Any directory provided by Landlord for the Building will be for the display of the name
and location of tenants, and Landlord reserves the right to exclude any other names. 
2.     Tenant shall not place any new or additional locks on any doors of the Premises or re-key
any existing locks or change any plumbing or wiring without the prior written consent of
Landlord. 
3.     Landlord reserves the right to exclude or expel from the common areas any person who,
in the judgment of Landlord, is intoxicated, under the influence of drugs or who shall in
any manner violate any of the rules and regulations. 
4.     Tenant shall not do or permit to be done within the Premises anything, including the
generation of any loud noise or offensive odor, which would unreasonably annoy or
interfere with the rights of other tenants in the Building, including but not limited to the
preparation of popcorn by any method. 
5.     Tenant shall not permit its employees or invitees to obstruct any of the parking, truck
maneuvering or other common areas, to place, empty or throw away any rubbish, litter,
trash or material of any kind upon any common area, or to bring into or keep in the
Premises or any other part of the Building any animal (other than those assisting the
handicapped). 
6.     No storage of materials, equipment or property of any kind is permitted outside the
Premises or the Building. Any such property may be removed by Landlord at Tenant's
sole risk and expense. 
7.     Nothing may be placed on the outside window ledges of the Building, and Tenant shall
not throw anything out of the doors, windows or down the passageways. No animals
(other than those assisting the handicapped), bicycles, or vehicles of any kind are
permitted in the Building. 
8.     No tenant may install any radio or television antenna which is connected to the Building
without the prior written consent of Landlord. 
9.     Tenant shall not at any time display a "For Rent" sign upon the Premises. 
10.    Tenant shall be responsible for keeping a copy of the Lease and Landlord's current rules
and regulations at the Premises. 
11.    Tenant shall not waste electricity or water, shall comply with rules and regulations
promulgated by Landlord concerning recycling and energy conservation, and shall

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cooperate fully with Landlord to assure the most effective and economical use of utility
services provided to the Building by Landlord. 
12.    Tenant shall keep Landlord advised of the current telephone numbers of Tenant's
employees who may be contacted in emergency, i.e., fire, break in, vandalism, etc. If
Landlord shall deem it necessary to respond to such emergency on Tenant's behalf,
Tenant shall pay all costs incurred for services ordered by Landlord to secure or
otherwise protect the Premises and the contents thereof, including a premium charge for
any time spent by Landlord's employees in responding to such emergency. 
13.    When closing the Premises at the end of the business day, Tenant shall close all windows
and shall lock windows adjacent to fire escapes or which are otherwise accessible from
the street level. Tenant shall also extinguish all lights and electrical appliances when
leaving the Premises for the day. 
14.    All deliveries to and removals from the Building or Premises of any merchandise,
supplies, equipment, freight or furniture must be scheduled in advance with Landlord to
occur during such hours as Landlord requires in order to minimize disruption of normal
Building activities.  No article, the weight or nature of which may, in Landlord's
reasonable determination, constitute a hazard to person or property, shall be permitted in
the Building and Landlord shall have the right to require Tenant to remove or relocate
articles which, individually or in the aggregate, may endanger person or property. 
15.    If there is a freight elevator in the Building, it must be used for all deliveries of freight,
furniture or supplies; and no deliveries by handcart are allowed in the passenger
elevators. 
16.    Tenant shall not use or permit any part of its Premises to be used for lodging or sleeping. 
17.    Landlord, its employees and agents may retain a passkey to the Premises, and no persons 
shall be employed by Tenant to do janitorial work on the Premises. 
18.    Tenant shall not place upon or install on windows, walls or exterior doors of the Premises
or any part of the Premises visible from the exterior of the Premises any object including
without limitation signs, symbols, canopies, awnings, window coverings or other
advertising or decorative material, without obtaining the prior written consent of
Landlord. 
19.    Tenant shall not put any curtains, draperies, signs, decals, or other hangings on or beside
the windows in the Premises without first obtaining Landlord's consent. 
20.    Tenant shall provide Landlord's property manager with a work schedule and certificates
of insurance in advance of any visits by vendors to the Premises. Landlord shall have the
right to deny any vendor access to the Premises, Building or common areas in the event
that Tenant fails to provide prior written notice of, or certificates of insurance for, such
vendor.


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22.    The plumbing facilities shall not be used for any other purpose than that for which they
are constructed, and no foreign substance of any kind shall be thrown therein, and the
expense of any breakage, stoppage, or damage resulting from a violation of this provision
shall be borne by the Tenant who shall, or whose employees, agents or invitees shall have
caused it. 
23.    Tenant shall immediately report to 911 and Landlord any illegal or suspicious activity at
the SEA/TAC Office Center, including but not limited to panhandling, loitering and
assault.
24.    Tenant shall not use its Premises in any manner that encourages loitering in the common
areas of the SEA/TAC Office Center, except in areas designated by Landlord for outdoor
seating, if any.
25.    Illegal activities of all kinds are prohibited in the SEA/TAC Office Center and Tenant
shall cooperate fully with the Landlord, police and security guards to control activities in
the common areas. 
26.    No sign, banner, placard, picture, advertisement, name or notice shall be installed or
displayed on any part of the exterior of the Premises, in the common areas or that is
visible from the exterior of the Premises without the prior written consent of Landlord.
Landlord shall have the right to remove, at Tenant's expense and without notice, any sign
installed or displayed in violation of this rule. All approved signs or lettering on doors
and walls shall be printed, painted, affixed or installed at the expense of Tenant. 










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EXHIBIT E TO FOURTH AMENDMENT 
Work Letter 
1.     Allowance. Landlord, provided Tenant is not in default, agrees to provide Tenant with
an allowance in an amount not to exceed $1,111,854.00 ("Tenant Allowance") ($17.00 x 22,302
RSF (Original Premises) plus $30.00 x 24,424 RSF (Expansion Premises)) to be applied toward
the cost of the Landlord's Work in the Premises. If the Allowance shall not be sufficient to
complete the Landlord Work, Landlord shall provide written notice to Tenant prior to
performing such Landlord Work. If Tenant agrees to the additional costs of Landlord Work by
written notice, Tenant shall pay the Excess Costs, plus any applicable state sales or use tax
thereon. 
2.     Costs. The "Costs" of Landlord's Work are all hard and soft costs related to Landlord's
Work including but not limited to architectural plans, permits, construction costs, and
Landlord's project management fee of 3%. Landlord shall pay the Costs up to the amount of the
Allowance, and Tenant shall pay all Costs in excess of the Allowance ("Excess Costs") that
have been approved by Tenant as provided below. At the time the Cost Statement is delivered,
Tenant will pay the Excess Costs to Landlord. 
If Landlord's estimate and/or the actual cost of construction shall exceed the Tenant Allowance,
Landlord, prior to commencing any construction of the Landlord Work, shall submit to Tenant
a written estimate setting forth the anticipated cost of the Landlord Work, including but not
limited to labor and materials, contractor's fees and permit fees. Within three (3) business days
thereafter, Tenant shall either notify Landlord in writing of its approval of the cost estimate, or
specify its objections (which must be reasonable objections) thereto and any desired changes to
the proposed Landlord Work. If Tenant notifies Landlord of such objections and desired
changes, Tenant shall work with Landlord to reach a mutually acceptable alternative cost
estimate. Changes to the scope suggested by Tenant shall be communicated in such a manner
as to allow Landlord to develop an alternative cost estimate within five (5) business days
("First Iteration"). Landlord shall provide an alternative cost estimate to Tenant for Tenant's
approval and Tenant shall have three (3) business days following receipt of the First Iteration to
approve or disapprove of the First Iteration. Any iterations of alternative cost estimates beyond
the First Iteration shall constitute a Tenant Delay. In the event that the Tenant disapproves of
the First Iteration within such three (3) business day period and during the following five (5)
business day period, Landlord and Tenant cannot agree on a final iteration of the cost estimate,
Landlord may proceed with constructing the Landlord Work in accordance with the First
Iteration and any excess costs shall be deemed to be approved Excess Costs. Notwithstanding
the foregoing, if the cost of Landlord's Work does not exceed the Tenant Allowance by more
than ten (10) percent, Tenant shall be deemed to have approved the Excess Costs. 



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3.    Landlord's Work. 
3.1    Plans. Landlord and Tenant intend to improve the Premises as generally
described on Exhibit E-1 attached hereto. Landlord shall prepare final plans and
specifications (the "Final Plans") to improve the Premises as set forth below. The
installation of the tenant improvements shown on the Final Plans is herein
referred to as "Landlord's Work." Landlord's Work shall not include voice and
data cabling. Tenant shall approve proposed Final Plans delivered by Landlord if
they are consistent with Exhibit E-1 (except for revisions made to comply with
laws or to address site conditions). Approximately five (5) business days after
approval of the Final Plans, Landlord shall deliver to Tenant a Cost Statement
showing the expected costs of Landlord's Work. 
3.2    Construction. Landlord shall perform Landlord's Work substantially in
accordance with the Final Plans. At Landlord's election, substantial completion
may be demonstrated by a certificate of occupancy or other final inspection
(with or without conditions),  a certificate of substantial completion from
Landlord's architect or certification from Landlord. Landlord's Work shall be
deemed substantially complete on the earlier of (i) the date that Landlord has
substantially completed construction in accordance with the Final Plans, or (ii)
the date that Landlord could have achieved such substantial completion absent
delays attributable to Tenant, including delays related to changes pursuant to
Section 3.3 below, and/or delays in Landlord's Work caused by Tenant. 
3.3    Changes in Plans. Tenant may request reasonable changes in the Final Plans;
provided, however, that (i) no such request shall affect any structural change in
the Premises; (ii) if Landlord approves the request, in Landlord's sole discretion,
Tenant shall pay any additional Costs required to implement such change,
including, without limitation, architecture fees, increase in construction costs and
other charges payable hereunder caused by delay, and Tenant shall pay Landlord
for said Costs within fifteen (15) days after written notice from Landlord; and
(iii) such requests shall constitute an agreement by Tenant to any delay in
substantial completion caused by reviewing, processing and implementing such
change. 
3.4    Inspection and Punchlist. Prior to the date which Landlord anticipates to be the
date of substantial completion, Landlord shall deliver to Tenant written notice of
the expected date of such substantial completion. Prior to the date of substantial
completion, if Tenant desires, representatives of Landlord and Tenant shall make
a joint inspection of the Premises to create an agreed upon list of items yet to be
substantially completed. The items included in such list are herein referred to as
"Punch List Items." Certain of the Punch List Items may be completed by
Landlord prior to substantial completion or following substantial completion and
Landlord shall complete any open Punch List Items with due diligence. If the
parties are unable to agree whether any particular item is to be included as a
Punch List Item or whether the same has been satisfactorily completed, then the

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decision of Landlord's architect shall be binding. Landlord shall continue to have
complete access to the Premises for the purpose of taking any and all steps
related to any then remaining Punch List Items. Landlord's obligation to
complete the Punch List Items shall not alter the date of substantial completion.
The obligation of Landlord to perform Punch List Items work shall be to perform
the same to an industry standard level, not to perfection. Except for the
obligation to perform Punch List Items, Landlord shall have no other or further
obligation with respect to construction of Landlord's Work. 
4.    Alternate Use. If any part of the Tenant Allowance is not used to pay Costs (as
defined above) then Tenant may apply such unused Tenant Allowance (up to a maximum of
$2.00 per RSF) towards the purchase of Tenant FF&E. Notwithstanding any other provision
hereof, no part of the Tenant Allowance will be disbursed at any time that an Event of Default
exists. 
5.    Early Access. Tenant will have access to the Premises during the 14 day period prior
to the Expansion Premises Commencement Date to prepare the same for Tenant's use. All
provisions of this Lease shall apply during such period of early access except the obligation to
pay Base Rent and Operating Expenses with respect to the Expansion Premises. Tenant's
activities shall be conducted so as not to interfere with Landlord's Work. 
6.    Limited Application. This Exhibit shall not be deemed applicable to any additional
space added to the Premises at any time or from time to time, whether by any options under
the Lease or otherwise, or to any portion of the original Premises or any additions to the
Premises in the event of a renewal or extension of the original Term of the Lease, whether by
any options under the Lease or otherwise, unless expressly so provided in the Lease or any
amendment or supplement to the Lease. 








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EXHIBIT E-1 TO FOURTH AMENDMENT 
Attached Space Plan 




















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Limitations of Translatable Documents

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