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Site ID: AlN0003A
<br />Site Address: 7087 - 20th Avenue South
<br />Centerville MN 55038
<br />FOURTH AMENDMENT TO SITE LEASE AGREEMENT
<br />THIS FOURTH AMENDMENT TO SITE LEASE AGREEMENT (this "Amendment") is entered into
<br />effective on the date of the last party to execute this Amendment ("Effective Date"), by and between the City of
<br />Centerville, Minnesota (together with its successors and assigns, "Landlord"), and T -Mobile Central LLC,
<br />successor in interest to APT Minneapolis, Inc. ("Tenant") a Delaware corporation (a.k.a VoiceStream
<br />Wireless) (together with its successors and assigns, "Tenant").
<br />RECITALS
<br />WHEREAS, Landlord and Tenant (or their predecessors in interest) entered into that certain Site Lease
<br />Agreement between the City of Centerville, Minnesota and APT Minneapolis, Inc. dated August 29, 1996 as
<br />amended by First Amendment to Site Lease Agreement between the City of Centerville, Minnesota and
<br />VoiceStream Minneapolis, Inc. successor in interest to APT Minneapolis, Inc. dated July 29, 2005, the Second
<br />Amendment to Site Lease Agreement between the City of Centerville, Minnesota and VoiceStream Minneapolis,
<br />Inc. dated December 28 2006 and Third Amendment to Site Lease Agreement between the City of Centerville,
<br />Minnesota and T -Mobile Central LLC, successor in interest to VoiceStream Minneapolis dated September 19, 2014
<br />(collectively, the "Lease"), whereby Landlord leased to Tenant certain premises described therein, together with all
<br />other space and access and utility easements pursuant to the terms of the Lease (collectively, the "Premises"), that
<br />are a portion of the property located at 7087 - 20th Avenue South, Centerville MN 55038, County of , State of
<br />Minnesota (the "Property");
<br />WHEREAS, Landlord and Tenant desire to extend the Lease term and add additional renewal terms to the
<br />Lease; and
<br />WHEREAS, Landlord and Tenant, in their mutual interest, wish to amend the Lease on the terms and
<br />conditions set forth herein.
<br />NOW, THEREFORE, in consideration of the foregoing Recitals which are incorporated herein by this
<br />reference, and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged,
<br />Landlord and Tenant hereby agree as follows:
<br />1. Extension of Current Expiration Date. The current term (whether such term is the initial term,
<br />a renewal term, a modified term or other) of the Lease is amended and extended such that it shall expire at 11:59
<br />p.m. on December 31, 2021 (the "Modified Current Term"). During the Modified Current Term, Rent shall
<br />increase in accordance with Section 2 of this Amendment.
<br />2. Renewal Terms.
<br />(a) Upon the expiration of the Modified Current Term, and notwithstanding anything to the
<br />contrary in the Lease, Tenant shall have the right to renew the term of the Lease for up to four (4) additional and
<br />successive five (5) year periods (each a "Renewal Term"). Each Renewal Term shall automatically commence, on
<br />the same terms and conditions of the Lease (as amended by this Amendment), without further action by Tenant,
<br />unless (i) the Lease is sooner terminated in accordance with its terms or (ii) Tenant provides Landlord with written
<br />notice of its intention not to renew at least thirty (30) days prior to the expiration of the Modified Current Term or of
<br />any Renewal Term.
<br />(b) The Base Rent for the lease year beginning January 1, 2017 shall be Twenty-wee—Six
<br />Thousand Dollars ($326,000.00). Thereafter, on January 1 St of each year during the remainder of the Modified
<br />Current Term and any Renewal Terms, the Base Rent shall be adjusted to an amount equal to one hundred three
<br />percent (103%) of the Base Rent in effect immediately prior to the adjustment date.
<br />Site Number: AIN0003A
<br />Site Name: New Centerville WT
<br />Market: MN
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