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LEASE THIS LEASE (the or this "Lease ") is made by and between the City of South Bend, Indiana, Department of Redevelopment, acting by and through the South Bend Redevelopment Commission, (the "Landlord ") and Michiana Brewer's Supply, LLC, an Indiana limited liability company (the "Tenant') as of the date of last execution hereof by Landlord or Tenant (the "Effective Date "). WITNESSETH: ARTICLE I. BASIC LEASE PROVISIONS 1.1. Basic Lease Provisions. The following basic provisions of this Lease (the `Basic Lease Provisions ") constitute an integral part of this Lease and are set forth in this Section 1.1 for the convenience of the parties. Each reference in this Lease to a Basic Lease Provision shall be construed to incorporate all of the terms provided for under such provisions. (a) Leased Premises: Defined in Section 2.1 hereof, consisting of approximately 1,106 square feet of "Floor Area." (b) Term: Initial Term of Three (3) Lease Years and Six (6) Months, with One (1) option of Three (3) Lease Years to extend the Initial Term, all as provided for in Sections 3.1 and 3.2 hereof. (c) Tenant's Use Retail Sales of Equipment and higredients for Brewing Beer. (d) Tenant's Trade Name: Michiana Brewer's Supply (or such other trade name taken by the Tenant) (e) Landlord's Address: 1400 S County -City Building 227 West Jefferson Boulevard South Bend, hidiana 46601 (f) Tenant's Address: Aaron Goldstein 657 Ostemo Pl. South Bend, hidiana 46617 Facsimile Number: (g) Lease Year: A "Lease Year" shall mean each period of twelve (12) consecutive full months, beginning on the Commencement Date as defined in Section 3.1 (such that if the Commencement Date is not the first day of a calendar month, then the first Lease Year shall begin on the first day of the first calendar month following the Commencement Date, and any partial month in which the Commencement Date occurs will be included within the first Lease Year). (h) Security Deposit: An amount equal to the first month's Initial Term Modified Gross Rent as security deposit shall be due upon signing of lease.