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RETAIL LEASE AGREEMENT <br /> This Retail Lease Agreement ("Lease's) is made as of the "Execution Date" set foi~th on the signature <br /> page hereto, by and between Mashpee Con-mions B., LLC having a notice address of c/o Mashpee Com.monns <br /> Lllntited Partnership, Mashpee Conuxnons, P.O. Box 1530, Mashpee, Massachusetts 02649 ("Landlord") and <br /> Sachs Jewelers of Mashpee, Inc. having a notice address of 180 Boston Tunipike, Shrewsbury, MA 01545 <br /> C"Tenant"). Tenant's Trade name is Sachs Jewelers of Mashpee,Inc. ('"Trade Nanie"), <br /> Section 1. Basic Lease Terni.s. As used in this Lease, the following tem-s shall have the following <br /> nneanungs: <br /> 1, Shopping The shopping center known as "Maslipee Conninons", located at 38 Nathan <br /> Center: Ellis Highway,Mashpee,Massachusetts. <br /> 2. Prennises: The 802 square feet of space within the Shopping Center, located at 3 Central <br /> Square, and identified as Space 7.1032 on Exhibit A to this Lease. The ceiling, the <br /> perimeter walls, and the floor, are all excluded from the"Prennises", except for the <br /> inner surfaces thereof. <br /> 3.Term Conunencement The Rent Commencement Date. <br /> Date; <br /> 4.Rent C:onngn.encennent The earlier of(a)the 9011'day after the Execution Date of this Lease, and(b)the <br /> Date; date that Tenant opens for business. <br /> 5. Lease Year: The first Lease Year shall be the period beginning on the Term Commencement <br /> Date and ending on the last,day of the twelfth(12"') full calendar nnonth following <br /> the Rent.Commen.cennent Date. The following Lease Years shall be the successive <br /> twelve G 2)full calendar month periods thereafter. <br /> 6. Term: Two(2)Lease Years,begiruning on the Term Cone-nencernent Date. <br /> 7. Extension Lion: Tenant shall have the options to extend the Tenn for one(2)"Extension Ter ni(s)"of <br /> four (4) year(s) per option, provided Tenant gives at least six (6) rnonnths advance <br /> written notice of its exercise of the option,and provided Tenant is not in default. <br /> 8, Permitted Use: As a high quality jewelry store with services and sales ancillary thereto, including <br /> without Iin-utation repair, appraisals and sales of itennns provided by manufacturers <br /> of jeweh-y sold in the store,and for no other purpose. <br /> 9. Miniinurn Rent: Initial Tenn Allinir uin Rent <br /> Lease Year I $231 sf ($1537.17 per month.plus <br /> extra charges) <br /> Lease Year 2 $241 sf ($1644.00 per month plus <br /> extra charges) <br /> C T <br /> � <br /> l <br /> } <br />