2011-016 RES LEASE AGREEMENT WITH RRV VETERANS MEMORIAL INC

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C. Prior to the effective date of this Lease, LESSEE shall enter into the Management Agreement attached hereto as Exhibit "C" with the Love Civic Center Governing Board. LESSEE shall abide by all terms of that Management Agreement throughout the duration of the Lease and the terms of said Management Agreement are hereby expressly incorporated into this Lease. D. LESSEE further covenants and agrees that all construction work to be performed by it or its contractors, including all workmanship and materials, shall be of first class quality and shall be performed in accordance with the plans, specifications and permits approved by LESSOR. During the progress of the work, LESSOR's duly authorized representative may enter upon the leased Premises and make such inspections as may be reasonably necessary for the purpose of satisfying LESSOR that the work or construction meets such requirements and standards. E. LESSEE shall be solely responsible for paying one hundred percent (100%) of all costs associated with the development and construction of the Memorial. All improvements made to the Land and personal property located thereon shall be made at the sole risk of the LESSEE. LESSOR shall have no liability or responsibility for any theft, damage, misappropriation or loss to any improvements or personal property located on the Land. F. LESSEE shall be responsible for the upkeep and maintenance of the land and leased premises during the term of the Lease and any extension thereof. G. LESSEE will take good care of the Land and leased Premises and be responsible for and make good to LESSOR for all injuries and damages to the same and will deliver same to LESSOR at the expiration or termination of this Ground Lease in as good condition as when originally leased; and LESSEE will, upon the expiration or termination of this Lease, peaceably yield up to LESSOR all and singular the Premises and all improvements, additions, or repairs to or upon same, in good repair. H. The Memorial shall be an attraction open to the public and a memorial which recognizes all branches of the United States Armed Forces. LESSEE shall not discriminate against or attempt to exclude any contributors, guests or visitors to the Red River Valley Veterans Memorial because of their race, color, sex, national origin, age or disability. 1. That LESSEE shall pay or cause to be paid all charges and/or deposits for water, heat, gas, electricity, lighting, sewer, trash, and all other utilities used on the leased Premises throughout the term of this Lease, including any connection or tap fees. LESSEE shall also be Red River Valley Veterans Memorial Lease Page 3 of 16