Lease Agreement - Catalyst Two LLC - IT Lease at Innovation Park

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DocuSign Envelope ID: 3F1383184-13268-4211-B06A-AD20CB7020F8 LEASE AGREEMENT THIS LEASE AGREEMENT (this "Lease") is made effective the 1" day of January, 2019 (the "Effective Date"), by and between CATALYST TWO, LLC, an Indiana limited liability company having a principal address of 112 West Jefferson Boulevard, Suite 200, South Bend, Indiana 46601 ("Landlord") and the City of South Bend, Indiana, by and through its Board of Public Works, for the benefit of its Department of Innovation and Technology, an Indiana municipal corporation, having a principal address of 227 West Jefferson Boulevard, 1200 N, South Bend, Indiana 46601 ("Tenant"). BACKGROUND A. The parties acknowledge that (1) Tenant desires to lease space in an approximately 47,802 square foot building as depicted on the site plan attached as Exhibit A and commonly known as Cataylst TWO (the "Building") in the Ignition Park Planned Unit Development in South Bend, Indiana (within Lot 7 of the recorded plat of Ignition Park also as legally described on Exhibit A (the "Property")), and (ii) Landlord owns the Property. B. In accordance with and subject to the terms of this Lease, Landlord agrees to lease to Tenant the Premises for use in Tenant's operations, together with the non-exclusive right and privilege to use the Common Areas on the Property. In consideration of foregoing and the mutual covenants and agreements contained herein, and in further consideration of the obligations of each party hereunder, the parties covenant and agree as follows: ARTICLE 1 BACKGROUND AND BASIC LEASE PROVISIONS Section l .l Backaround, The background provisions above are incorporated into the body of this Lease as if fully set forth herein and made a part hereof. LEASE AGREEMENT — CITY OF SOUTH BEND AT IGNITION PARK PAGE I