STANDARD RETAIL .

J~l~
TENANT LEASE ~~, ($~t:l, .a.J
AGREEMENT NO:
.. ..
:~.J ~
2009/20/0010

THIS LEASE, ("Lease") made and entered into (".lbJI" ~ . ~ I. L..u!

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.•. ~ ('IY.I ~-
st
this 01 day of September, in the Gregorian e '1' •• C,<,?.l~1 ('WI o- ~ ~ o- ., ('~I I~ ~
year 2009 is concluded between :0.!-!14

AI Khozama Management Company, as y, : If.-i'~...9' o).ltu ~,~, 4.s~

whose address is P.O. Box 4148, Riyadh '~.l.,......J'~yJ'~' ," f c" ~Y)' i' iA .c.,.>.l>'"
11491, Saudi Arabia Fax 966 1 4611677 ~ ~ ~ 4:!l) .J~J ) y\ '\ , t'\" WV ~u
(hereunder called "Landlord and Owner"), as the . J ,J...9~'up' 1.A..J4Je~
,{ "~WI J .);lill"
First Party, and

~.J <,?.J~ ~ o.l...9~' ~jji.l'...9 U~I 4.s~

Retail & Distribution Company Ltd. C. R.
Number 1010252353 Having its office at P.O.
AC, C, l'\ ~.l>'" :<Lilyc.J y.:&, 41 ~I J , • , • 'I'0 '1'10 r
Box, 89939 Riyadh 11692 K.S.A Tel: 00966 1 ~.JU~'~.l~I4.yJI~1 ",\C,'I'~y)1
4852020 Fax: 00966 1 4851920 (hereunder C,C'\, , i A H. :~.J 0' ~L-..J C,'\ '\, i Ao 'I'• 'I'•
called "Tenant"), as the Second Party. uybll u..J4Jc~ '("..?li...-ll" ~ ~ ~ 4:!l) .JL.':.:J)
.~W,

WITNESSETH: :~~
that in consideration of the acknowledgments, L.li.JI -s=JIJ wI).;.-9)'1 ~)
U.l\+iJ1 Wb ..~.1:i.lIJ ~~
promises, mutual covenants made and 4:!k l>'" ~\ wI).~)'1 ~.l •.tiI J ~I I~ ~ ~ y.....JIJ
conferred herein, the payment of the Rents L.# ~ ~, r.$-.?)11uL...,ljil~1 •.l.liJ .lbJ1 liA ~ th ~
hereinafter stipulated, and the performance of . I. LaS . . . Lli'
.(.,F':l l.>:!!..>= U:!-! tj-\jJ~1 ~-.li9, (.,F':lI.
the other Obligations hereinafter undertaken, IT
IS AGREED by and between the parties as
follows:

Mall In Line Tenant Lease

, lY.JQlJI~ ~.4lJ'~rW
o~Q~1
 1 ';JWJ
Section 1
CERTAIN BASIC LEASE PROVISIONS ~ ~~i ~.J4-:1! e~i
~L.o...~1 .l.I.J1 '. ,
1.1 PRINCIPAL TERMS
Tenant: Retail & Distribution Co. ltd. &.l.J~1 ~.Jji.ll .J ~~I .\.sy;. :fo,l:i.......J1
Lease Term: 3 Lease Years ~~ wI~ (1) :.)~';I~ 0.1A
Leased Premises: Upper Level- UL26A Y. win J! '>:!~..J-AA tf.,.h.l\..J.).l.ll:fo,~1 .)Ua.ll
As shown on Floor Plan (Exhibit "AI»
(i~~-III) <Y.- I..J=
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'. ():!-!A

~.;-
~~ ':11 .' - , .,
&yy..<> '\ A'o. fo, l:i.......JI~t......J1
Leased Area: 98 Square meters, subject to
verification
:~I ~1.lfLi
Operating Covenant:
..J~,!I iW 4.......:.L;JI
.b.)y:JI C71..J
See Special Conditions of Lease

Tenant's Trade Name: Birken Stock

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..... U*-'...»!
< .• fo, I.:i........Jl '·"1 f'4" "II
c$.)~ ~

Tenant's Permitted Uses of the Leased

Premises: (compatible with Tenant's Trade
Name in strict compliance with Operating
Covenants): Footwear's

Lease Commencement Date: 011 SEP 1 2009

Lease Documents in order of priority: :Y.J~I ~.>i~ .)~';I Jk. c.::..1~

• Standard Tenant Lease (,?'""ygJI .)~ '!\ .lli:. •

• Special Conditions of Lease ..J~,!I iW 4.......:.L;JI

.b.)y:JI •
• Exhibits and Addenda to Lease ..J~,!I ~ ~yJI Wl..9l.....o,!l.)
~)lJI •

Security Deposit: SR (17,640) ($.:l..J1"'-" (' V, i i.)

Jl,.J..J :~1..:iJ1 ~
(See section 7.12.) (' v, Vo.:lWIC71..J)

1.2 RENT AND SERVICE CHARGES FOR

GROUP SERVICES
1.2.1 Base Rent: SR (176,400) per ~ ($.:l.J1-'"Jl,.J..J
(IV i, i •• ) :rL.o...~1 .)4-:';1 ,-"- ,
annum, payable in advance as ~ U"" ~ .JA ~ l..~ t9..l.!1~I.) ~I
provided in Section 3.1 based on o Jll .•($ y..., Y--'-" ..,J! 1.:l\ii.......,1
(' - 1)O.:ll.JI~
an annual rate of SR (1,800) per
..JLWI tJ--o t-!yJI ~ c.;.:l~ Jl,.J..J
( , ,A •• )
square meter of leased premises ...?,l".i.u,.J 1

1.2.2 Service Charge for Group :~~I ~L.illl f'J'-".) "-,, - ,

Services: 41.):i...i......JI ~ (1
($.:l.J"--'-'Jl,.J..J 0," A. )
SR (35,280) per annum, payable in
~ <L,;lc U"" ~ .J-'" ~ l...:l..i.. t9.l..l1
advance as provided in Section 3.2.
.("-1) o.:lWI

r""""J.J U""'""t....'il .)4-:!~1 u-l~!

c.::..L..l..i.l1 "-,, - ,
1.2.3 Total Base & Service Charge
Payable: SR (211,680) per J\.:; ('" ',iA.) :~..l......JI ~IJ ~~I
annum ($.:l..J1"'-"

~ I In Line Tenant L~ &.!jq1.llq CiJj..:;:llJ1d.!l;iU

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 .)~'il .lW ~I.i.lI.l::!J..;.J:J1r -,
1.3 SPECIAL CONDITIONS OF LEASE
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. ·'1 ("~GJI.b . :"1") .). b..,~Illi..l
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The Special Conditions of Lease attached to
this Lease the ("Special Conditions") are ..,J W 4:;1! s..JLtYI o .iA '-:-'-=!- r; '49 ~ ~ ~ ~/ /~
incorporated herein by reference as though fully i~ ~ ~?~GJI.b.Jy:;.lI~.J .u..\.S 4 wp~ ~i
set forth herein. The Special Conditions .~~Il»! ~WlI ~I.J.J Lw ~j1...~.J lli..lll~ tY>

constitute an integral part of this Lease, and are

fully binding and enforceable between the
parties.

1.4 EXHIBITS
The Exhibits listed in this Section (1.4) and
attached to this Lease are incorporated herein
by reference as though fully set forth herein.
The Exhibits constitute an integral part of this
Lease, and are fully binding and enforceable
between the parties.
Exhibit A: Floor Plan of Leased Premises
Exhibit B: Retail Tenant Design Manual
Exhibit C: Insurance
Exhibit D. Estoppel Statement
Exhibit E. Mall Rules & Regulations

1.5 Definitions
Certain terms used in this Lease are defined in
the sections in which the same are mentioned.
For convenience, certain other terms are
defined in this section 1.5 as follows:

1.5.1 AI Faisaliah. The term "AI

Faisaliah" refers to a premier
mixed use urban development
consisting of the AI Faisaliah
Shopping Mall, the AI Faisaliah
Office Tower, AI Faisaliah Hotel,
Banquet Hall and Conference
Center, AI Faisaliah Apartments,
and related facilities located
between the King Fahad Road
and Olaya Street in the Olaya
district of Riyadh, Saudi Arabia.
0J:,li..JI" 0j~.
"J.S y....:;,.J1 ~ :A.s..;:w...J\ dbl.i.4J\ ,,- 0- ,

1.5.2 Common Areas. The term U".J4.l1 USLoi.JoL;..J1wI..J-"'O.J

J~~I J.A..l.) ~J
"Common Areas" refers to the ;i......:!:,t..J1
y:,WI.J u.a~I0J:,G...J r~1 :iJL.....:..J
concourse, pedestrian ways, C..J-1.
..J1.JJ~I 0J:,L.1..J U.J.)'JI.J J..i............)'JI.J
seating areas, display areas,
U y.-:;.JI rl)L...Jl.J L~I.J '-:-lL..S)1..lc~.J
water features, walkways,
;i,....~I0J:,l..i...J wl_,..",iJl.J ;i,....~lli~.J .)~I.J
circulation areas, bridges, service
~~I U.Jll.. 0J:,G...J o.L4c'11~ d..:..L.,.J1.J
roads and ramps, bays, goods
wL.....,kJl.J wlj-:!_, .•lI <....i....9ly~10J:,l.....i.,.J
.J
handling areas, loading areas,
~1.J.l1 :i............. J..Jj.o.llL;bI..............IJ..............l>:...lIJ
parking areas, public lavatories J
and washrooms, outdoor L5..;--blIJ L;bu..J1 L>--- l....l,Y.f;-J u~IJ.4)·.::JIJ
landscaped areas, prayer rooms, •.....•
...r.bllo")..J-:l.l..! ~ "")_,,.:;]1 j..SyJl ~ ~w...JIJ
and such other areas, ways and w.J=.l1 rl~~.J p'1
('WI ('I.b..:i.u,)\j U:;=>-lJ.o JJYI
amenities in the Mall as may be .~lill
provided from time to time by First
 Party for the common use and
enjoyment of Second Party.

1.5.3 Floor Area I Leasable Area:

The term "Floor Area" or
"Leasable Area" refers to the
actual number of square meters
of floor space which is exclusively
appropriated for use by Second
Party and the Other Tenants,
whether or not leased or actually
occupied. Measurements for the
purposes of this Lease shall be
made from the interior surface of
demising walls except common
tenant walls, in which case the
measurement shall be made from
the centerline of such common
tenant wall. No deductions
hereunder shall be made for
columns, indented storefronts,
mechanical areas, toilets, or for
any other space devoted to a
tenant's exclusive use, occupancy
or control.

1.5.4 Hand Over Date. The term

"Hand Over Date" means the
agreed date that the Leased
Premises are substantially
complete and available for the
commencement of Tenant's Shop
Fit Out work and the premises are
made available to Second Party.

1.5.5 Lease Year. The term "Lease

Year" means a period during the
Lease Term of twelve (12)
consecutive calendar months
from the Opening Date, or the
anniversary of the Opening Date,
according to the Gregorian
calendar.

1.5.6 Leased Area. The term "Leased

Area" refers to Floor Area, as
measured pursuant to the
provisions of Section 1.5.3, of
stores and other units in the Mall
which are actually leased to
Tenant and the Other Mall
Tenants on the date any
computation involving "Leased
Area" and is made by First Party
pursuant to this Lease.

40f36
 u-l! ~ "<.f.Jt..;.:ill j-SyJl" U...
iC :($Jl+llljSyJl v...0 ...,
1.5.7 Mall. The term "Mall" refers to ,:?).~,::.ll
~\ j.Sy ~ ~I ~j)\ ~\.,.w\
the four level enclosed AI u....!\yUb ~L.t ~1 j...Sy ~ ~1)\
Faisaliah Shopping Mall, located .J-AJ .L.J.:....?-l:L...:..J1 ~'-!j1u:.:.j)1 u..:...:i ul).:l ...•
.Jl
at AI Faisaliah including a ~L....Jl 0...0 c-:y fo r o .••• JI>=,- ~ ~
subterranean car parking area for '6' ;..),1y.i~ ~l ~\:ill ~Wl
o. o";"J.l9 ~I ul!t .•..
Second Party's customers. It .. .y..'J. UP- o- J}JI •.....•
."rbll
consists of approximately 35,000
square/meters of Leasable Area,
together with additions thereto as
First Party may designate from
time to time.

1.5.8 Lease Commencement Date.

The term "Lease Commencement
Date" or "Opening Date" means
the date on which Second Party
shall be open and has agreed to
be open for business and shall
jointly effect with the First Party
the opening of the store. The
Lease Commencement Date
establishes the beginning of the
Lease

1.5.9 Operating Covenants. The

term "Operating Covenants" or
"Covenants" refers to the
Affirmative Covenants and
Negative Covenants set forth in
the Special Conditions which are
applicable by Second Party and
the Other Mall Tenants.
1.5.10 Other Mall Tenants. The term
"Other Mall Tenants" refers to any
Person from time to time entitled
to the use and occupancy of any
Leasable Area under any lease,
deed or other instrument or
arrangement with First Party
whereunder such Person has
acquired rights with respect to the
use and occupancy of the same .
.5.11 Permittees. The term
"Permittees" refers to the
respective officers, directors,
employees, agents, contractors,
customers, visitors, and invitees
of First Party, Second Party, and
the Other Mall Tenants.

.5.12 Person. The term "Person"

5 of36
 refers to individuals, partnerships, .~.foJ1 ':':L.i~1ji JL..c. '.II wUYS L.r-o u...Ji:. s
firms, companies, corporations, .~ ~I ~ Jy..J1~ I'I~\ 01 \..oS
and any other form of business or
government entity, and the use of
the singular shall include the
plural.

1.5.13 Premises or Leased Premises.

The term "Premises" or "Leased
Premises" refers to Leased
Premises designated in section
1.1, a plan of which forms Exhibit
A and which is demised for the J~\ ~ loJ.ic,~ ".J~'!\" W5; :}~)11 '£_0_'
sole use of Second Party. wWJ ji I'Y".J c.;i." ~L..'iU·~,!\t~l ,.ill~
~U1\ wyJ\ ~ J./~Iufoll ~~\ ~ c.S..?-i
1.5.14 Rent. The term "Rent" shall ~\ J!lyJl ."i wL...lOJ1 ~ ..lW1 I~ l'lS.:..i ~.JAI
when the context so requires refer
.J})I•....•
..;.blllA..).,3:l
collectively to Base Rent and any
other charge or payment due from
Second Party to First Party under
the provision of this Lease for
services or facilities provided by
First Party.
1.5.15 Required Opening Hours. The
term "Required Opening Hours"
refers to the hours during which
the Leased Premises shall be
open for business, as set forth in
the Mall Rules and Regulations.

1.5.16 Service Charges. The term

"Service Charges" refers
collectively to the Service Charge
for Group Services, the Additional
Group Services Charge, the
Supplementary Service Charge
and the Late Payment Service
Charge.

1.5.17 Shop Fit Out. The term "Shop

Fit Out" refers to the process of
(i) creating from and within the
shell construction of the Leased
Area a complete world class
retail unit by designing,
managing and implementing all
necessary works, including the
installation therein and
maintenance of fire protection
systems, air conditioning and
heating equipment, lighting,
plumbing and other fixtures,
store fronts, interior partitions,
floor covering, decoration and

Mall In Line Tenant Lease 60f36

 furniture, and (ii) executing the
necessary documentation, in
order for the Leased Premises to
be open to the public on the
Lease Commencement Date and
remain open during all Required
Opening Hours during the Lease
Term, all in accordance with the
Retail Tenant Design Manual
and plans and schedules which
shall have been approved in
writing by First Party.
U:!..>l"~\ ~\f-J ..>l"~\ j..hl\
Section2. LEASED PREMISES, TENANTS OJlt-W-J ~\ J...;fti-J ~~\
JOINT UNDERTAKING, SHOP FIT ~\ ~\f-J ~';'l+1
OUT, CERTIFICATE OF
READINESS AND OPERATING
COVENANTS

21 GRANT OF LEASED
PREMISES

;:- Party does hereby grant, demise and lease

]~O Second Party for Tenant's Permitted Uses
ci· e Leased Premises set forth in section 1.1
.•.. strict compliance with all terms, provisions
a oonditions of the lease, and Second Party
-s hereby hire from First Party, subject to and
the benefit of the terms, provisions and
itions of this Lease, the Leased Premises,
vided that:

2. • . .First Party specifically excepts and

reserves to itself the use of the roof
and the exterior portions of the
Leased Premises ( other than the .JL.WI~l J~.wl ~ Jj~1w..;-bll ~ 01 .,.- ,-.,.
storefront of the Leased Premises ); ~w........
-
~
.J._
.~I AJ .:-
J-" ~
.11 <.::JtS
~I .~
.J ~'-rY.- WI
.•. First Party reserves the right to enter the ($.J4-JI.Jy-:!-!\..j~1 JI~I.J C)L.....l.J !"I~I.J
Leased Premises at all reasonable ~I.,....y'-li.......l13k.ll..)!C-
'O.JWI ,.cl)\..., ~I.JY-'-'I.".JI.J
times to install, maintain, use, repair ~.Ji~) y'-t:i.......JI.Jllill~..3..,..9
u..:...:i.Ji
and replace pipes, ducts, conduits and ~ 'X~I c-!I.".JI~.J 0.J~1 u...rC-
J=..1.l..iJ
wires leading through the Leased .J~I.J~J.Ji ~lill w..;-1JI!"I~I C" ($.J'6fo
Premises, either above the ceiling or .Y.-WI
below the floor of the Leased
Premises, or in stock rooms and in
locations which do not materially
interfere with Second Party's use or
decor of the Leased Premises;

L' .3 First Party reserves the right to do, or

permit to be done from time to time,
any or all of the following: change the

70f36
 number of floors; change the identity
and type of stores and tenancies;
convert Common Area into Leasable
Area (including installation of kiosks);
convert Leasable Area into Common
Area; enclose any portion; and
expand the size of the Mall (by the
addition of either Common Area or
Leasable Area, or both) by means of
a connection to another structure
provided, however, that no such
changes shall materially alter the size
of the Leased Premises or materially
interfere with the visibility of the
Leased Premises, or deny
reasonable access to and exit from
the Leased Premises; and

2.1.4 Nothing herein contained shall

prohibit First Party from leasing any
part of the Mall to any person
engaged in a trade or business
similar to Second Party's Permitted
Uses of the Leased Premises.

2.2 TERM AND LEASE YEARS ..u.J~~I ;.~ C::!) •.:i l>-'> i.)~I..u.Jll:u. J~ <.j~
-') c.lL.JI~ c..l~1 .)4-:,'11.lie. c,l.oJ~ ~~ ~~-'
This Lease shall become effective as of the
~ ~-' c:l:i:i9'i1C::!.)LJ l>-'> ',' . "h'j", ~I ;;.l..JI~-' ('
Lease Commencement Date and shall continue
L. k.ll c,l.o0.0 c»~1 ~4-:,'i1 WI ~~ ~ ~I ~
thereafter during the Lease Term specified in
.k.lII1l. ~.yb (J4~.JA L.S~~ J:91A)~! ~ r-l
Section 1. 1, which Lease Term shall be
computed from the Opening Date and ending at
midnight on the expiration of the last Lease
Year of the Lease Term, unless sooner
terminated as provided in this Lease.

2.3 TENANTS JOINT UNDERTAKING

2.3.1 Second Party acknowledges and

agrees that because of the integrated
nature of Mall, as distinguished from a
free-standing retail store, Second
Party has a common interest with
First Party and the Other Mall
Tenants in and will benefit from, the
successful opening and operation of
the Mall as a whole, and that the
success of the Mall requires, in
addition to the cooperative sales
promotions, center-wide advertising
and other cooperative activities
promoting the Mall as provided in the
Special Conditions, the concurrent
compliance and performance by

. ! Tenant Lease 80f36

 Second Party and the Other Mall
Tenants of:
(a) the Special Conditions ( identical
provisions of which form part of all
leases with the Other Mall Tenants ),
in particular the Operating Covenants
to open to the public on the Opening
Date and to remain open and actively
conduct business during all
designated and Required Opening ~.?-~ c,iill tj.J4-Jl1 jSyll ~i-, ~1..,9 (y)
Hours throughout the Lease Term, tj.,)':'"\.:i.....,...
~ ~~I .J~'11 ~~ ~ c.J-4
'U:l.?-)l1 tj .J4-Jl1 jS yll
(b) the Mall Rules and Regulations, which
from part of all leases with Other Mall
Tenants,

(c) the Retail Tenant Design Manual,

which forms part of all leases with
the Other Mall Tenants, and

(d) the other obligations of Second Party

and the other Mall Tenants which
affect the operation and success of
the Mall as a whole. ( collectively the
"Tenants Joint Undertaking" )

2.3.2 Second Party further acknowledges

and agrees that the performance by
Second Party and Other Mall
Tenants of the Tenants Joint
Undertaking will ensure to the
benefit of the Second Party that the
image and success of the Mall,
Second Party and Other Mall
Tenants will be damaged by the
failure of any tenant to comply with
and perform the Tenants Joint
Undertaking and that such failure
will have a negative impact upon
the business operations of Second
Party and Other Mall Tenants and
of the Mall, result in decreased
customer traffic and in all probability
decrease sales volume for Second ~~ ~u~1.J~'1I~.".ic~! ~~-' ~Wl~-, 1-1_"
Party. U:l.?)l1 tj.J4.:il1 jSyll tj.,)':'"l:i......t:" J.JY1u.;hll
wl¥
U:l.,)':'"i:i......... ~-' ' ~~l u.)J1 ~ ~
2.3.3 Accordingly, in consideration of the ., J9ii ~ u.,;-l:J1 ~I.J:! ,~u....."~y...;...,
~t...:.i.ll
First Party procuring for the benefit
u.,rbll ;;,liL..... ~ -' ~y...::..J1 U:l.,)':'"i.:L.....J1
wl~
of Second Party the execution by
the Other Mall Tenants of leases
~6.'
••
1.l .s.
lY''"&''1...7.''"
ii~1 ~
-
··..11 .
c.r- ~ ~t.........-' J YI
.J

which include an identical "Tenants ~ tj'J. ~ U:l.?)l1 tj.J4-:i!1 j.Syll tj.,)':'"l:i......

Joint Undertaking", Second Party J}il u.,;-1J1 ~)I ~ 0--'" L.... L.A.UAl~
agrees to perform the Tenants Joint ('+I'bL......, ~~l j-,~ LiUI U-,.,)':'"lL...····lI-,
Undertaking, and to support and j.-$ yJl 0-" s.,)':'"t:i........J1
a..:..L.....J1~ ;;.,)':'"t:i........J1

r.: , rrre Tenant Lease 90f36

 assist First Party in procuring the
timely performance thereof by the
Other Mall Tenants, in accordance
with any action plan which may from
time to time be adopted jointly by
First Party, and tenants the
aggregate of whose Leased Area
exceeds two thirds of the Leased
Area of the Mall which shall
thereupon be deemed an annex to
and an integral part of the Mall
Rules and Regulations (the "Group
Action Plan"). Second Party further
agrees to execute such further
documents and to take such further
action as First Party may
reasonably request in writing, and to
join in such legal proceedings as
Landlord and Owner shall deem
reasonably necessary, to procure
the performance by any of the Other
Mall Tenants of the Group Action
Plan, and to promptly pay Tenant's
pro rata share (based on the ratio of
the Leased Premises to the Leased
Area) of any additional costs and
expenses which are reasonably
incurred by First Party to cover the
cost of any action taken or to be
taken by First Party pursuant to said
Group Action Plan.

2.3.4 First Party and Second Party agree

that the foregoing has been
negotiated and established by the
First Party and Second Party as
representing a reasonable
additional remedy for their mutual
benefit ~~~I O~4-J.J J=r...J1~ f-"
~~ 61)·:; ~ JlAc 'JI U ..l.>J y..\:i........J1 .JLWI r...:i..9 J::..i 0.0
2.4 SHOP FIT OUT AND :~ t....: 1"4il\~t:il\ u..):J\ ~ ,~~ J-.l\
CERTIFICATE OF READINESS
In order that the Leased Premises shall be open
'or business on the Lease Commencement
Date, Second Party shall:

2.4.1 Diligently prosecute the shopfit out

work to completion in accordance
with section SC 1 of the Special
Conditions, the Retail Tenant
Design Manual and the Mall Rules 0.0 J!'J\ ~ I"yi (0) ~ ~ ~jil>4J1 o.:l~ f':1~ r_t_r
and Regulations; and .b...
,-~I 0-.0 r o.:lLJI~.J .lia.I~J.-J\ ~..l.!t-:uw
t....,WI
2.4.2 At least five (5) days before the
Lease Commencement Date,

'- I e Tenant Lease 100f36

 provide the Certificate of Readiness
in accordance with section SC 2 of
the Special Conditions.

2.5 COMPLIANCE WITH OPERATING

COVENANTS

2.5.1 First Party and Second Party

acknowledge and agree that ;

(a) Whereas Second Party and the

other Mall Tenants will be subject to
the same Operating Covenants and
in particular the Covenants to be
open on the Opening Date, and to
remain open and actively conduct
business in accordance with Second
Party and Other Mall Tenants
Permitted Uses during all Required
Opening Hours throughout their
~4-- o- o.JfiiJI ul~I ~ Wi ~(y)
lease term, and WlJ ~ .llJI JI..,...b
o.l...a ~t...:illu.J.JI
.J ' ~t:i.ll u.J.JI .J J}il u.;hll
(b) Whereas the performance by the
Second Party of said Covenants
throughout the lease term is for the
benefit of First Party and Second Jtb.) C;i 4Jb. ~ ,~ J}'ll u.;hll wi ~ (d
Party, and further, wl~ ~ ~ .;Ull u...r-hll~4-- L.>-a
tla... UJ L-.. u..JLS:i, t..
'I ;ijL......;.,.,I >,~ll
• .J .J. ~
(c) Whereas First Party will, in the 1.$", ,~

event of any failure by Second Party

~ ~ ,.llJI I~ lJA ~i wts... c,) o.)J~Icill:i
to perform the Operating Covenants, cj.JWI j.S~\ U.ll.J ~ ~WI cill:i ~
incur certain costs and expenses in ,~\ ~j lJA Jtb.) C;i ~
addition to those contemplated
elsewhere in this Lease, including
those for the administration and
management of the Mall on account
of any such failure,

Second Party shall, in consideration of First

Party procuring the execution by other Mall
Tenants of Leases which include identical
provisions to those set forth in this section
2.5 and sections SC5.1 and 5.2 of the
Special Conditions, be bound by and
perform the Operating Covenants, and
further that in the event that Second Party
shall breach or fail to comply with the
following listed Covenants, and shall not
remedy such failure within five (5) working
days after written notice by First Party of
Second Party's non-compliance, Second
Party shall pay First Party a service charge
(the "Supplementary Service Charge") equal

- - '-c Tenant Lease IIof36

 provide the Certificate of Readiness
in accordance with section SC 2 of
the Special Conditions.

2.5 COMPLIANCE WITH OPERATING

COVENANTS

2.S.1 First Party and Second Party

acknowledge and agree that;

(a) Whereas Second Party and the

other Mall Tenants will be subject to
the same Operating Covenants and
in particular the Covenants to be
open on the Opening Date, and to
remain open and actively conduct
business in accordance with Second
Party and Other Mall Tenants
Permitted Uses during all Required
Opening Hours throughout their
~~ 0-" "0 .JfiiJ\ w\~\ ~ Ui ~(y)
lease term, and ~ r.,rA ..u..l\ "O.l..o J\yl::. ~L:il\ u.)J\

(b) Whereas the performance by the J ' ~~\ u.)J\ J J}:iI w..;hll

Second Party of said Covenants

throughout the lease term is for the
benefit of First Party and Second Jw..l (.ji;iJL:.. ~,~ J}ll '-'..;hI1 Ui ~ k:)
Party, and further, w\~ ~ ~ ~Ul\u.rhll ~~ LJ.-4
'I
t..r, " 6
4.!L...:.:.\ ... WJ•.J L-.. J.UJ.lt£:i,. ~
t.· HI
(c) Whereas First Party will, in the
c.si ~ ,..u..l\ \~ U-- ftl utS... ~ oj ).,1\ .ill:i
event of any failure by Second Party
to perform the Operating Covenants, ~)_~\ j.SyJ\ O)jlJ ~ ~W\.ill:i..illj
incur certain costs and expenses in ,~\ .illj U-- t.3\..b.! (.ji ~
addition to those contemplated
elsewhere in this Lease, including
those for the administration and
management of the Mall on account
of any such failure,

Second Party shall, in consideration of First

Party procuring the execution by other Mall
Tenants of Leases which include identical
provisions to those set forth in this section
2.S and sections SCS.1 and 5.2 of the
Special Conditions, be bound by and
perform the Operating Covenants, and
further that in the event that Second Party
shall breach or fail to comply with the
following listed Covenants, and shall not
remedy such failure within five (5) working
days after written notice by First Party of
Second Party's non-compliance, Second
Party shall pay First Party a service charge
(the "Supplementary Service Charge") equal

'"1!nLine Tenant Lease )) of36

 to:

(i) One and one half the daily rate of the

Base Rent for each day or partial day
which Second Party shall have failed
to comply with the Operating
Covenants set forth in sections SC
5.1.2,5.1.5,5.1.6,5.1.7,5.1.9,5.2.1,
5.2.2 and 5.2.5 of the Special J.s u.c ~~I y.-uJ1 ~
~L...\1I).;>-:!?ll (Y)
Conditions; and ~L'i.llu..;lJI ~ ~ r~1 0-0 ;oj..;.. ."i r~
~I.,.JI~ ~I ~I wI~ rlj:il'il ~
_Y_O)(I_Y_O) (A_'_O)(i_'_O) (1_'_0)
(ii) Two times the daily rate of the Base ." ,L...WI .b.,,~1 LJ..o(V_Y_O)(i
Rent for each day or partial day which
Second Party shall have failed to
comply with the Operating Covenants
set forth in sections SC 5.1.3, 5.1.4,
5.1.8, 5.2.3, 5.2.6 and 5.2.7 of the
Special Conditions; and

(iii) Three times the daily rate of the Base

Rent for each day or partial day which
Second Party shall have failed to
comply with the Operating Covenants
set forth in sections SC 5.1.1, 5.1.13,
5.2.4 and 5.2.8 of the Special
Conditions.

2.5.2 The Supplementary Service Charge

payable pursuant to this section 2.5
shall be due and payable three
business days after First Party
provides Second Party written notice
of the Supplementary Service Charge
due, and shall be cumulative.

2.5.3 First Party and Second Party agree

that because the exact amount of the
costs and expenses that will be
incurred by the First Party in the event
of Second Party's failure to perform
the indicated Covenants are extremely
difficult to fix, the Supplementary
Service Charge has been negotiated
and established by the First Party and
Second Party as representing a
reasonable additional remedy and
compensation to the First Party for the
loss suffered by the First Party as a
consequence of the Second Party's
failure to perform said Covenants.

'- - ~ Tenant Lease 120f36

 to: .J4:!?U (,?"'~I ~I ~ u....-i...9~ (')
.y9~ r~1 L.>-" ~fi.) f'~ ~ i.Jc c.r"'\.....,~1
~I wl~ rlj..:i.l'::ll~ ~L:ill u..r1J1
(i) One and one half the daily rate of the - )_0)...9 (0_ '-0)...9 ("- '_0) .)I..,...JI
~ ~I
Base Rent for each day or partial day ("_"_0).., ('_"_0).., ("_'_O){ V-,_o)...9 (I
which Second Party shall have failed J ,:t......WI.bJyill L.>-" (0_" _0)
to comply with the Operating
Covenants set forth in sections SC
5.1.2,5.1.5,5.1.6, 5.1.7, 5.1.9, 5.2.1,
5.2.2 and 5.2.5 of the Special J.s c)-C !,?"'L..~I)-,..:!tlJ
~~I ~I ~ (")
Conditions; and ~U!I u...rWI.y9 J..b.:! r~1 LJ-.a ~j...;o.. Jl r~
;I..,..JI~ ~I ~I wl~ ljJl'::ll ~
_"_O)(i_'1'_O) (A_'_O)(£_\_o) (i_'_o)
(ii) Two times the daily rate of the Base J .:t......t.:JI
.b Jyill L.>-" (V - 'I'_0 )(1
Rent for each day or partial day which
Second Party shall have failed to
comply with the Operating Covenants
set forth in sections SC 5.1.3, 5.1.4, ~L..~I ) ..;o..;tlJ
~~I y....J1 u~1 U)ti (i)
5.1.8, 5.2.3, 5.2.6 and 5.2.7 of the u..;-bll ~ ~ r~1 L.>-" ~fi. Jl r~ ~ i.Jc
Special Conditions; and . u.u.J1 ~I - wi~ - ('? I '·"'::11~ . r..F'WI
~ _.
(A_'1'_O )(£_'1' _o){' r,'_0)('_ )_0) .)I..,.....JI
• :t......WI.b...9...)"'"
.:0'1' (.)A

(iii) Three times the daily rate of the Base

Rent for each day or partial day which
Second Party shall have failed to
comply with the Operating Covenants
set forth in sections SC 5.1.1, 5.1.13,
5.2.4 and 5.2.8 of the Special 4-a-9.:l'-:-l--?ji,! ~I ~I L~I r>-'"".J ~ "_0_'1'
Conditions. ~~..l..ll 4IJ~J (0_'1') a.JI oll ~~
~-
i.J L.....!il
• J
J YI uJ-"'"
.LII r--
,,",~'
U-"
~
r wi- dj)ti
2.5.2 The Supplementary Service Charge ~I -- L~I -1.h1......l! 'Lill u~. LII
r>-'"".JI.,j·~
payable pursuant to this section 2.5 .~IY0foJ
shall be due and payable three
business days after First Party
provides Second Party written notice
of the Supplementary Service Charge ~ d ~ ~U!I u..;-bll J J}il u.;.6l1 &I~ r _0_ 'I'
due, and shall be cumulative. U.;.JL....-JI...9U:!lLS:ill~..l..ll ~I .:l.,!~ ~ 0fi,1 ~~I
.~ ~ 'U!I u..J-"'""
r.,r- .UJ I.,j.
-u;"1 U6. r.,r-. -.J JJYI uJ-"'" .Lli IA~. - r.r~ll
2.5.3 First Party and Second Party agree
.Uu
rY"'.J W . (JoQJ ~ . \...i:ill -,u! .u.u.JI
_. wi' ...
~ "I ~- . r...J-"" I: "'::II
u·.J-"""LlI J J JYlu·..J-='.LlII...l....i6.· I .~..':-: ~I~I
J _..
that because the exact amount of the . (,)-4 ~
u~.LlI '::I~- WL..::.I I ~ ~ 1 .!\ t, ~ 'U!I
costs and expenses that will be _ . L.AJ:!Y-lJ.
- G.)k..(.)-\401 ~ ~

incurred by the First Party in the event -U:;,.'::I•.•~

I.,j J J...>-=
"'1 u .LlI tAi£i .~.J ~'I0 t.......;J1· J \11
c..J--C-J

of Second Party's failure to perform .wl~1 cill:i~ ~ ~WI u.;-bll .

the indicated Covenants are extremely
difficult to fix, the Supplementary
Service Charge has been negotiated
and established by the First Party and
Second Party as representing a
reasonable additional remedy and
compensation to the First Party for the
loss suffered by the First Party as a
consequence of the Second Party's
failure to perform said Covenants.

~'~ 111Line Tenant Lease 12of36

 Section 3. RENT. SERVICE CHARGES
AND TIME OF PAYMENT
Second Party agrees to pay Rent to First Party WJ~J.J~IIu..rbll.1~,/I~.l.:! wi ~ ~t..:ill w~1 ~1.J:1
without notice or demand and without set-off or ~ ~I A....il~~ ,~ Ji 4...-1.:9... W.J~.J~ .JI .1~!
deduction, at there Address set forth in section ~...rhll ~.J:1 .l! <.illl ..?':II uLS.J1~ .J\o)k.1 (' - ') o~WI
1.1 above, or such other place First Party may ,y..':1 ~ CJ..A~ .1~) Y-?-~ ~t..:ill w.rbll 'Y J.JY1
by notice to Second Party in writing from time to :~\.:ill C;:!)jill.J t14J4~.J
time direct, in the following amounts and times:
"""I.•iil
. 'il
.11.+.! ,- ,.
3.1 BASE RENT
-') a..
JI ~ LoS ~L...'JI .14-=,/1
~..l:=...o .JIA ~ ,- ,- r
3.1.1 The Base Rent (as specified in
section 1.2.1) shall be payable jJ4:i:! 'i ~ yo ~ L...ll.. ~~ ~..JI ~I.J (' - "
annually in advance not later than the .u\h:i....11.l.,I,l ~ JS i.JA JJ'JI r~1
u-sl.J4":1.)4-=1
first day of each Lease Year shall .Ct:i:i9'i1~...)l:i i.JA
commence to accrue as of the
Opening Date

3.1.2 The Base Rent for the first year shall

be paid on the signing of this lease
and occupancy by the Second Party
shall not commence prior to exchange
of agreement and the first year Base
Rent and Service Charge is paid.

3.2 SERVICE CHARGE FOR GROUP

SERVICES
3.2.1 The Service Charge for Group o~LJI~ o~.l.:...o ~ LoS) ~4-I\ wt.....liJ1r.Y"'.1 u! ,-" - r
Services (as specified in section 1.2 ..b.J~1 i.JA ("-1) (\-1) ~I..,.JI.J
~II~ i.JA ,,-,
and sections SC3.1 and 3.2 of the 'i ~.JA ~ t.....ll.. ~ ~.l!1 ~I.J ~ 4...-1..:....11
Special Conditions) shall be payable
.~.1t.;,.:i
~ JS 0-" J..
iYI i'~I j.J~
annually in advance not later than the
first day of each Lease Year.
3.2.2 First Party and Second Party
acknowledge and agree that the
Service Charge for Group Services
covers the provision by First Party,
after the Opening Date, of the Group
Services described in section SC 3 of
the Special Conditions, and does not
include the provision of any services
or facilities by First Party during the
period from the Shop Fit Out to the
Opening Date or otherwise related to
Second Party's access to or use of
the Common Areas in connection with
Second Party's Shop Fit Out (the
"Tenant Fit Out Period") Accordingly,

Mall In Line Tenant Lease 13 of36

 First Party shall have the right to
charge Second Party, at First Party's
audited cost, for additional services
and facilities provided by First Party
during the Second Party Fit Out
Period for refuse disposal from a
central location in the Common Areas
and other necessary services and
facilities related to Second Party's
Shop Fit Out, and for the scheduling,
control and coordination of Shop Fit
Out among Second Party, the Other
Mall Tenants and Construction
Contractors in order to minimize
disruption thereto.

3.3 SERVICE CHARGE FOR LATE

PAYMENT OF RENT
In addition to all other payments due First Party
from Second Party hereunder, whenever Rent,
Service Charges or other charge or payment
due from Second Party to First Party under the'
provisions of this Lease for services or facilities
provided by First Party is not paid when due
and remains unpaid for ten (10) days after First
Party shall have provided to Second Party
written notice of such delinquency, Second
Party shall pay an amount equal to one and the
half times the daily Rent for each day of delay
until paid (the "Late Payment Service Charge").

3.4 DISCONTINUANCE OF GROUP ~ ~I ~L.o~ ul'i:!! t -,.

SERVICES
In the event that any Rent, Service Charges or .JIf'.J-'o".J ',?I.JI~ f'.J-'o".J .JI.J~J ',?I t-9..l ~ Uk.. ~
~~ J..,'l'lu..rhil-..lL.:il1 u~1 ()...o ~ <,Sy..1 GW..l
any other charge or payment due from Second
Party to First Party under the provisions of this u,;.bll ()...o LA~ ji ~ 0!IY.JI GL..li.. u.c ..l.kll liA f'\S:..1
Lease for services or facilities provided by First (,.).~ li.......J~.) M ')J ~ ~ L.~J J}JI

Party not paid when due and remains unpaid •~ 'lill £ .-W:..:... r.r'WIu ~.J ·'-11J YI u·LIt ~I..
...!""'C""'u
·1 ~ .f'-wi
ten (10) days after First Party notifies Second ~\.:i.JI <,S.ft\ll ~I~I')J A.!L..:.:.';I4. J..,YIu..rhil j.?-:l4J},9
Party in writing about such delinquency, First ~.J o.)WI ~ 4 ~4 GL..l..:.. ',?I<...i:9.J:!,J~ 01.4.]
Party may, in addition to other remedies ~I.JA,J GL..l..:.. o..l~l ~ f'j.1..J~WI .1..J.?l1 ('I' - i) ()4

available to First Party, cut off and discontinue

.~ . \:ill ~ - I WU:. ~.... - ~11
any of the Group Services described in section
3.2 of the Special Conditions, and the Fit out
Services and Facilities, and such Services need
not be restored while the delinquency
continues.

3.5 REASONABLE REMEDIES AND

COMPENSATION TO LANDLORD
AND OWNER
First Party and Second Party agree that jl...b.J 0\1 \~ .w1..,Jc ~L.:illu~1 ,J J..,YIu..,;hllJ9I.J:!
because Second Party's failure to timely pay ..l....&i
. ~
. ~
.. -
~
_~.J
. ~')I
--.
'..l
~
. 'Lill u . Lli
~r.r ~
Rent will cause First Party to incur losses, and

A:":lln Line Tenant Lease 140f36

 costs and expenses in addition to those
contemplated elsewhere in this Lease including,
without limitation, fees and the cost of
administrative services and to make up for the
capital required to replace payments not
received, and because the detriment to First
Party and the exact amounts of such costs and
expenses are extremely difficult or impractical to
fix, the Late Payment Service Charge and the
discontinuance of Group Services and the Fit
Out Services and Facilities have been
negotiated and established by First Party and
Second Party as representing a reasonable
estimate of First Party's additional costs and
expenses, and is a reasonable additional
remedy and compensation to First Party for the
loss suffered by First Party as a consequence of
Second Party's failure to perform said
obligations. It is agreed, however, that the
acceptance of a Late Payment Service Charge
by First Party, shall not prevent First Party from
exercising all of the other rights and remedies
available to First Party under this Lease.

3.6 PAYMENT OF RENT AND

SERVICE CHARGES DURING
PENDENCY OF A DISPUTE

Second Party shall timely make payment of

Rent, Service Charges, and all other charges
and payments due from Second Party to First
Party under the provisions of this Lease
notwithstanding the existence of a dispute
between the parties or the commencement and
pendency of arbitration or a court proceeding to
enforce an Award.

Section 4: COMMON AREAS AND THEIR

USE

4.1 COMMON AREAS

First Party shall make available or cause to be
made available to Second Party from time to
time such Common Areas as First Party shall
deem appropriate. Landlord and Owner shall in
its sale discretion determine and may from time
to time close portions, change the size,
location, nature and use of any of the Common
Areas, including converting Common Areas into
Leasable Area, and increasing or decreasing
the Common Areas, but not so as to preclude
access to the Leased Premises.

v~ Line Tenant Lease 150f36

4.2 USE OF COMMON AREAS ~~I Jl1\.W1~I~I :"_t
Second Party and its Permittees shall have the ~.;b 0-0 ~ c:..;--JlJ ~u:JIu..;J:.ll0~
nonexclusive right (in common with the Other (,?y,.i.:i......... t-'" ~Iji.....\i'j,-!
)~~» U.,h
Mall Tenants, their Permittees and all others to
whom First Party has granted or may hereafter
Lr-.o ~ c:~IJ 0:!?YI (,?J-.;..:i1\ j..5yJI
grant such rights) to use the Common Areas in w..rb\II"U ~\ c.j4t.=....:;.~1~ ..cll~J~.;b
connection with Second Party's Permitted Uses ( J~\ o~ Ji.. ~ ..li
I".JA= JI ~ JJYI
of the Leased Premises, subject to: ~ L4~~I~LlJI 1"1~'j
, ~Ul\ u~ 4. c:~1 ..:..L.I~'j,-!
- :~W..cll~~-,

4.2.1 Second Party's compliance with the '(,?.)\.;..:i11 jSyJI ~IJ ~I.fo.~\.:il\uyJI Ajill '-"-f
Mall Rules and Regulations;

4.2.2 First Party's reserved right to control I"I~\

J~
~ ~I ~ ~ JJYI w.;.blI.l:.UAI
"ll ..:..1.:..WI~
"-"-t
the use and operation of the parking (.)-0 u.91..,...llA ,o • .,; J
areas by instituting a parking JitJ ~ Ji .....a.,jl.,..lll"b:..;j..~'j 1"L..l::..i ~J
system or validation and/or user .-"'£!I.,..ll o~ (,?"'~ I"Y"'.J ~J
charges;

4.2.3 The prohibition against any use of ~LW,-! ~WI u.91.".JI(.)-0 (,?II"I~I ~ i -Y- t
the Common Areas parking spaces ~J ~ yoJ y,.t:i.....JI ~~ Ji! 00 ~.;.wl
by Second Party's staff and JJYI wy..ll (i .. ) (,?J~ J~ AJW)I.;i ~ ~J
employees, and the payment to First 1:U J...r=-. U1.:.. ~ I" ~I ()-4 ~.J..?Ji I" >:l J,S LJc
Party of the sum of Three Hundred JJYI w.;JJ1 4...,JLh.. J...i.c. i.J~ thll ~J ..b~1
Saudi Riyals (SR 300) for any
J ,~l:iS ~
violation hereof for each day or part
thereof, payable immediately on
written demand by First Party; and

4.2.4 The non-interference by Second

Party with the rights of First Party
and the Other Mall Tenants and
their Permittees to use any part of
the Common Areas.

Section 5 LANDLORD AND OWNER'S :~~)'I ~WI .J ..)::aUlI

~I~ " ojWI
ADDITIONALCOVENANTSj ~I ..J ~LllI JI~I
SUBSTITUTION OF LANDLORD
AND OWNER

5.1 REPAIRS BY LANDLORD AND OWNER

5.1.1 First Party covenants to keep the

foundations and the structural
soundness of the floors, roof and
exterior walls (excluding the interior
surface of exterior walls) of the Mall in

~ ....eTenant Lease 160f36

 4.2 USE OF COMMON AREAS tsjWi.Jl ~1.W1 ~1~1 : '(_t
Second Party and its Permittees shall have the
ti..;b 0-0 ~ C~J ~Ull w..;-bll U~
nonexclusive right (in common with the Other
c.;~tL...o t-" ~1y....t')J~ )~..>--=- J-i:- U.,h
Mall Tenants, their Permittees and all others to
whom First Party has granted or may hereafter lJ-4 r;-l C~IJ 0.!~\l1 c.;)_,..:ill~yJl
grant such rights) to use the Common Areas in w..;-hll ("U U:!ill ~~YI ~ dliSJ~..;b
connection with Second Party's Permitted Uses (cJ..,.hl101\ Jt. ~ ("~.l9 Ji ~ J}JI
of the Leased Premises, subject to: ~~A.S.~~ ~
•..11 -:.LL..l....l1 (" b=..:L .•.•••')J
y----w l>""
, ~Ull w~ ~ C~I <.::.AAb.~
•l. ••.•••')J~
:~Wdl~~J

4.2.1 Second Party's compliance with the 'c.;.Jt.;..:il1

jSyJl ~iJ d)J1 ("Ijill ,-" - i
~I.fo. ~\..J.II
Mall Rules and Regulations;

4.2.2 First Party's reserved right to control I"I~I ~ ~I ~ ~ J}JI w..;-hll ..I::.li:i:..1 .,.-.,.- i
the use and operation of the parking Jll :i . o. 0';' All wt.:..WI~.J
<....A..!1yJ!
c.)...o
areas by instituting a parking Ji/J ~ Ji ~lyJl ("I~')J ("Lhi~-,
system or validation and/or user .UilyJl 01\ ~~ (".Y".J
~-'
charges;

4.2.3 The prohibition against any use of

the Common Areas parking spaces
by Second Party's staff and
employees, and the payment to First
Party of the sum of Three Hundred
Saudi Riyals (SR 300) for any
violation hereof for each day or part
thereof, payable immediately on
written demand by First Party; and

4.2.4 The non-interference by Second

Party with the rights of First Party
and the Other Mall Tenants and
their Permittees to use any part of
the Common Areas.

Section 5 LANDLORD AND OWNER'S :4..;!~y\ ~W\ .J ~Ul\ ~\=ta? 0 OJW\

ADDITIONALCOVENANTS; ~W\ .J .foUl\ JI~I
SUBSTITUTION OF LANDLORD
AND OWNER

5.1 REPAIRS BY LANDLORD AND OWNER

5.1.1 First Party covenants to keep the

foundations and the structural
soundness of the floors, roof and
exterior walls (excluding the interior
surface of exterior walls) of the Mall in

f, ia Line TenantLease 160f36

 good order, repair a' . 'on, J}il •...•
..;blII"A 'iJ .4..,\£.0..,\¥J.:.,.,.. JI <\.i)tSJ..,i
except as affected by Seco Party 's w~1 ..,iJI~'i1 ..,\ r~?U (.S?i JL.ci c;4
work, occupancy or the egrge ce of wl~ c;"U fi't:w......JI.JLWI ~ t.J-i c;1 ().-.o
Second Party, its agen s, e ployees \,::.L.,ySyll..,iwl~l) wl~1 ......-\c.) J,....,...J'-!
or contractors. First Party shall not be w'il~'il Ji wt.:..~'il oiA. ~ ui ~ ,O..l.».,.JI
obligated to make other repairs,
replacements or improvements of any
o~..,
\..J i...i9.., ~t.:illwyJI ~~ 0.0 w~1 )
~ ~I I~ 1"1.5.=..\ ~ 'i.., .4.....::.WI
..6..,~1 ~ ..l.JJ
kind upon the Leased Premises, or ...::.wI ~ C; ~ ~ .• J i 0l...r"'"
"1·- II~ . ...>:l-".., .lill \ --al:illA..lt.:..
upon any Shop Fit Out, equipment,
..;bll wL...Ij:il1ui ~lyWl ~I
Jj)!1 •...• J.:.. J\ (.Sftl
facilities or fixtures contained therein.
Such repairs, replacements or .(i) o.lWI I"~ ~ ~G.. ufo w."..... A..lWIo~ ~

improvements shall be the sole

responsibility of Tenant as provided in
the Special Conditions. The
provisions of this Section shall not
apply in the case of damage or
destruction by fire or other casualty or
by Eminent Domain, in which event
the Obligations of First Party shall be
controlled by section 6.

5.1.2 Second Party shall permit First Party,

its agents, employees, licensees and
contractors to enter the Leased
Premises when reasonably necessary
in connection with new construction,
excavation, repairs, or other building
operations on or in any area adjoining
the Leased Premises, including
shoring the foundations and/or walls
thereof, and erecting scaffolding
and/or protective barricades around
and about the Leased Premises (but
not so as to preclude entry thereto)
and to do any act or thing necessary
for the safety or preservation of the
Mall and the Leased Premises (the
"Repairs"). Second Party's
obligations under this Lease shall not
be affected by any such Repairs.
First Party shall not be liable in any
such case for any inconvenience,
disturbance, loss of business,
customers profit or any other
annoyance arising from any Repairs,
but First Party shall use its best
efforts so that such work will cause as
little inconvenience, annoyance and
disturbance to Second Party as
possible, consistent with accepted
construction practice in the vicinity,
and so that such Repairs shall be
expeditiously completed.

~!a IIn Line Tenant Lease 17of36

 5.2 QUIET ENJOYMENT
~..\I.f.ll ~\ :'1'_"
5.2.1 First Party covenants and agrees that
o~ljO t-" d.)c. ~ly.J J..,)!Iu.;J:J1~
1'1j.:il1 ,- '\'_0
Second Party, subject to Second
~ ~.) J ~I 1:U l'LS:..iJ.1. JA ~Ull u..;-611
Party's compliance with the terms and
provisions of this Lease, the payment G~I I'>-"..JJ4-~1 wL..~1 I'>-"..JJ..J4-:.,!1
of Rent, Service Charge for Group .s...:il~ ~ ~1j:ilIJ wlftLW\ f'Y"'..JJ~\
Service, Supplementary Service ~ <.5-:=JI .;Ull u ...,JJl0.J-¥ .lA"> piJ ~1.cljOJ
Charge and Late Charges, and 4....J~
.
·1.UJ"»
I.:i.........JI
L-WI
..J
,-, _ .. \
~~U
observing, keeping and performing all •.J~J f'~J ~~u ~ <l...! ~J ~.J
of Covenants, shall lawfully, ~Li11 u...;-.1.ll~ ~ Li.,..h 'ii ..ill~ J
CoS..;..-:..i
peaceably and quietly have, hold, ~~ 0J.) )""'H.,!I .uc 0.).0 •. lii) ~I I~ ~~
occupy and enjoy the Leased L i ~.
,y '\3.u' ~~'i '. ,. . c..Jo" .J \ ~I.cl.'i)r
..)G,.I
Premises and any appurtenant rights
.J..,)!Iu.J=.l1~~ ~Lh.JI
granted to Second Party under this
Lease during the Lease Term without
hindrance or ejection by any persons
lawfully claiming under First Party.

5.2.2 Notwithstanding the foregoing, after J}il u..;-bll 1'49 ~ <lj~ , c~i ')..JJL...... ~)'-1 '\'-'\'_0
First Party shall have given notice to
JI ('-V) o.)LJII'~i ~~ ,;WI u.,;bJ\ j£ ... ::.H
Second Party under section 7.1, or in
the event that First Party and Second
~Ull u...rbll JI J}~'1u..r1J11'4 f'~ u~ ~
~i ~ Ji! 0.l:l~ Ji ..J~,!I J£c 0.).0 .l:l.l.QJ f'1...>!H
Party shall not have executed, six
months prior to the expiration of the J~ J..,)!Iu.rW! ~.u~ ,.(.i.).o •. ~I 6uu 0-0
.ill~~J c ~L:i o.)~) w"=>ly)r ..»b.......JI ..Jt:Wl
Lease Term, an extension of the
Lease Term or renewal of this Lease, .~ 0.l..»~ 'ii ~..»ll...,.Jl..Jt:W1 w"=>..JC-
First Party shall have the right to enter J.,.....l.llUI.c) UWl c:U ~ ~WI up ~ 'llJ
the Leased Premises for the purposes .~ .»J ..Jt:WI.)l
of reletting the Leased Premises,
including showing the Leased
Premises to prospective tenants, and
Second Party shall not hinder such
entry to and showing of the Leased
Premises.

5.3 SUBSTITUTION OF LANDLORD I!llW\..J ~Lll\ JI~\ :"'-"

AND OWNER
In the event that First Party transfers ownership w.;-b 'ii~) ~I ~ J.:l~ J}il u.;J:Jl f'Y! ~~ ~
of the property to an affiliated or non-affiliated ~L:. y4--->i 'i)r ) ~I J:l.)a o= .u Clu ..J#. Ji Clu ~LJ
ird party, by sale or by reason of any :~ ~Wl w.,;bJ1J!I.J:!(~) Jy..JI) <\!~ Ji l1\)~
ortgage, or otherwise (a "Transferee"),
Second Party hereby agrees:
5.3.1 To accept the Transferee as the new
Landlord and Owner under this
Lease, and the Lease shall
automatically become a direct Lease
between Transferee, as Landlord and
Owner, and Tenant as if such
Transferee were the First Party
originally named hereunder; ~~ .i9\..j ~ ..J4-=,/1
~ f'~iJ..6Jy:;, ~ 0) '\'_1_0

5.3.2 That all terms and conditions of the J ,~I •.).0 0-0 ~ W

- - --", Tenant Lease 180f36

 Lease shall remain in effect for the
remaining Term of the Lease; and ~)l.... ) ~J~ 0fo ~ ~J (,?I ~J ~y 1-1_0
5.3.3 To execute and deliver upon the J~1 J\ J.JY1u..rbll y..Ib ~ r..ai i, ,:
~li,l ..
A~,",!
request of First Party or Transferee ~ ,~~ ~Wl1 w..rh!1 rY9rU;. U6. ~J .'Yl)
any instrument which may be LlJ-~J ~J ~)1 oiA J.i. ~y J.JY1u.;-bll
necessary or appropriate to evidence .~W\ w.):Jl ~jl..
the foregoing, failing which First Party
may execute and deliver such
instrument and it shall be conclusive
upon Second Party.

Section 6 LOSS OR DAMAGE BY

~.l~ Zsi ~ ~Ull Ul:U1 ..91 o.)t...4.l1"\ o.lLJI
CASUALTY
1s
J.J ~ t:....w . i Lis
.•• ~ ...?-J • li.......J1 LW1 u.l:i ~6. ~ ..
...?-.J
In case all or a part of the Leased Premises are U~W1 ) s.J~4 ~j..;J1 c)l......) ~
yL.....::..J1 ~~ ,~~6.
damaged by a loss or casualty, the lost or , ~Wl1 w..rh!1 Ji J.JY1u..;lJ1 ~ L>...o ~y..J1 ~J ~
damaged portion of the Premises shall be ~ uay-1o Y. ~ ~ WJ..)o ~ o~l.. ~1..ti:i....4
promptly repaired by First Party or the Second .4......W\..bJy:.l1 ~ ~ jiSl 0.J~
Party, except under certain circumstances all as
more fully provided in the Special Conditions.

Section 7 DEFAULT BY TENANT:

LANDLORD AND OWNER'S RIGHTS AND
REMEDIES
~LJI .j .foUlI J..!Ob :..>tl:i...wwJ1
~ V o.lt-ll
o...».'IJ:i.j
7.1 LANDLORD AND OWNER'S
OPTIONS Io!UWIJ ):aLllI ~I}~: , -V
In the event that Second Party shall l.J....o (,?~ A.JA! ..,i ~bly\~ ~U11 w.;-1J1 ~ U6. ~
fail to perform or be in breach of any of ~11iA c)L....! ~ .uli:>.!.J .l.i..l11iA Y-?-~ <l_it
.••1..;!1
Second Party's obligations under this L;b. U_.b..:..)4.0)l.;i...,1 ~).:i o- 1.J:! <,
0) y;,c ~ JA
Lease and shall fail to remedy such
~! ~~)'4) ~WI 011. Ji... ~ ~~, J.JY1uy.J1 o- ~~
default within fifteen (15) days after
~.JA!.u ~l:i.o 0fo ~ ~I c.Sy..~1..mb:ilIJcJ..,h!1~
written notice thereof from First Party
to Second Party, then, in any such J.JY1u..;-.hll j~ <~ ~ Ji ~I
~I ~1..,...:aJ1 \ti
event (and in addition to all other ..i WJ.:..w.J
.o 0.J.
rights and remedies it may have under
this Lease or by law provided), First
Party at its option may:

(a) deem this Lease automatically Lc. y ~I lti ...>-:U'Y

• <I)
r ~J.•
G1.iLl b .J~.
terminated, whereupon First Party
~U11 w.;-1J1 .Jk....:;,)..: .ill~~ J.JY1u;-l:J1
shall give written notice thereof to
Second Party and Tenant shall ~WIo~ ~ ~WIwfl ~ 'iJ ~~ ~
thereupon have no further claim under
l4 .l.i..l11iA Y-?-~ 4...b.y w411..b.... (,?i c!.J
this Lease in respect of any Rent, ~40 (,?i ) L.o.=.. r.>-'"".JJ.J4-:!1 (,?~ ~
Services Charges or any amounts Ji J.JY1U..r-bll ..,-!! ~ 0-0 4...&..;!~c.S~i
paid by Second Party to First Party or Ji ,4j~

.-. fr.e Tenant Lease 190f36

 e vise'

_ .••-~cise the option to buy back the ~~ ..r.-l:i......J1.)u.J1 .lby.......1J..:.. (.)".)La.; (y)
-.eased Premises in accordance with ..,i (£- V) o.lWI I'ts..:..i
seeson 7.4 ;or

.2 RECOVERYOF LEASED PREMISES, .J ~WlI ~~~.J ~!.:i....-.ll ..>I•• MJIJIJji....wl1 :" - V

LORD AND OWNER'S DAMAGES ~l.f.I"'l1 tlL:a. ~ .mWI
ON TEiRM1NA TION
:;'5 e - • First Party exercises the option to ;j ?/ii.u.J1 \iA ~.u:J J}~1<-i..;.hll 4........J-
~4il 4.16.~
-' =.:e h' lease for Second Party's breach I'Y"'') .l,1.l..oJ I'.)c ~ ~ ~ ~1.lI\<....i.,;bll J:i 0..0 J)G..l'i~
~ .. ctuding non-payment of the J}~1<-i.)J1 ~~~ ,(0_") o.:lWI ~~~I ~t......;J1
;,;:..cfileimaryService Charge under section U""'~~I ~ ~)U..!J..r.-l:L.......lI.)Lb..lI
oj~ .:lbjL..1
Party may recover possession of the ~~.P .lJi...:l0\ & JJ~1<-i..;b1l~..J 4.10 ~I£..I:i....JIJ
emises and remove all persons and :~L.JS
. erefrom, and First Party shall be
"0 recover as damages all of the

e unpaid Base Rent, Service

<$\J L.)£J\ 1'J-"-l')J ,l~I..;-:j:. ,-?,""L~I.)~'j\ ,-"-V
~Ull -....s.rW ~ ~ ($";-:"\ tJ4->." 1'>-"",)
2fge, and other charges and ' ;i.,ifiJI o.Jii}1 <.Jc ..lia.ll 1.lA.~~
~ .u.J1 o..l.4LJA
::; ounts due from Second Party
ereunder for the balance of the ~J ,(i-V) o.lW\ I'lS.=..i olel...>"
,X9Se Term, subject to the provisions
- section 7.3; and
~ <.Jc J.J~1<-i.)Jl ~yUl4....j'J ($ftl tJt.,w <$1 ,,-,,-V
..L.... other amount necessary to
~ ~1.lI\<....i..;.b.ll<...Wi! ~ ~ 0i ..lIS <.#~\ .)y.:.J\
00 pensate First Party for all the
detriment proximately caused by 4.ic. ~ .l.9 ~\ .,,1 ..lia.ll 1.lA.~.JA! <I.i.1. •• \jill ~b\
Second; Party's failure to perform its .. ...}."..)tJ ~1 ..}WI J)G..
Igations under this Lease, or which
e ordinary course of things would
De likely to result therefrom, and
Second Party shall not be entitled to
a form of compensation, indemnity,
set-off or other similar payment from
j::'!rs Party for loss of business
rtunity, customers or goodwill in
nection with any such termination.
e extent permitted by applicable
'I. the application of any statute,
:-eg lation or other rule of law which
allow for any such
GO pensation, indemnity, set-off or
aIDer payment is hereby excluded

200f36
 this Lease.

BY LANDLORD AND

~::: 'arty may relet the Leased i..>"'! ..»t:i....:.J1 ..>l.h.l\ ~l.:i o~~J J}i\ u.;-bll J...:...:! ,-"'-V
:::""g-:ses immediately after expiration
~J c.;i ~ ~J ('-V) o~LJ\y;.~ ).~'1\ 1'o1....::.ii1.A!
nee under section 7.1 and at
..lk.\\ \4-1 ~U11 u.,rlJ1 JllJ ~).;.i ($i )~J ~
-i'-e rfor to the time of Award for
0" is Lease by Second Party. tJ4J1 ~ ~1JjL...\J}JI u..r-bll ~ UWI .&..l:i~J
- s.r case, First Party shall be ('I'-V) 'O~L.JIl'lS.::..i ~~ ~t.:ill u.;.-b1\ 0-"'.u ~I
.;-- ec : recover from Second Party ~I ..»l:i.......J10-<>~\ ($y..~1 I'Y"')IJ .J4-:.'11L..::.!U
s -;;::-roe sums which First Party is .l..ic 'O.l..,Q'
U"'" t.w:i...ll
_. '0 ...>-""" ()-C ..r.- t:i....:.J\ .J l.h.lLJ• ~~ L -t • W _
,~~t\ .
~:.- ::l9COVer from Second Party ..>4-:.'11
~~"liAn 7.2, less the value of
. c arges collected from
with respect to the
_irE.:;S: ~-c ises for the balance of

also relet the Leased

'me after exercise of ..>L.kl\~L:; o~~ l ~i J}il u.,>--hllj~ 'I'- r - V
:-g :.~.~::aK 0 tionunder section 7.4. ~\~~ t~y......'lll..>~ .d......,J...••••.A! wiJ c.;i ~ ..r.-U1
e- B.r case. First Party shall be J}JI u.;-bll ~ ,~W\ 01\ ~J (t-V) oJWI I'~i y;.~
~---:::o ecover from Second Party ~~ ~U1\ w..;-bll 0-<>4j ~\ tJ4J\ ~ ~IJ";""I
"' e s ms which First Party is
o~WllliJ ~b ~ c.;jjl t4J\ ~U ('I'-V) o~WI I'~i
e-.;!. - u '0 recover from Second Party
_'":e- section 7.2, less the amount ('-t-V)
ca,r, ed in accordance with section
'-",4.~_

B BACK OPTION ~I~L: e~Ji-"J\ JI.p. : t.v

:~ ~\jjl w.;hll J.t! ~6. ~ '-t-V
~-~ ...: . Second Party fail to:
~c / commence and progress the
~t.:ill u.;.-b11~I~ ~';J ~ ~~ (i)
and installation of Second
o- , OJLJII'L.S".. ~ U9J o~..u...JllA~lyo ~
) ,~WI.6 Jy:;J\
Fit Out in accordance with
1 SC1 of the Special Conditions;

provide the Certificate of

-=ead" ess required under section SC2
~ ""e Special Conditions, and timely
~ any of the Operating
, ,Ie ants, in particular the
ants to open the Leased
= - es to the public on the Opening
':=::e. and remain open and actively
ct business in accordance with
Party's Permitted Uses of the
_;as:ed Premises during all Required
- "' Hours throughout the Lease
--m;
,~ ~ ~\...,~\ I'Y"'.JJ ~L...~I .J4-:.'11~~ (e::)
pay Base Rent, Services
Ji

210f36
 Charges; or
1.:._
~<.,?'.
. ...J ~w t.......WIwI,·_~II·
""II""""U""
wi ili (..l)
(d) timely perform any of the Operating ~ ~ ~ ~I u~1 r.Y-".) ~.Ji
Covenants or timely pay the U~ ~ .JI,ul~ll>4-: ~\..j)1~ ~ ~I
Supplementary Service Charge on C;IJ,...J~.JI JjL.J:il1~Ull u..>--h!1U.Jb...
account of any failure to perform the u-- ~?C;'¥~l:i .Ji..l..k.ll1i.A~ w......-...
Covenants,or should Second Party w..;-1JI U9I.JAU.J..l
w.b411().A ..?-\.:i...,...J1
.)LWI
~ttempt. to .assign or transfer any ~Lill u...rh!1r4i~.J ,~I ~I J../11
Interest In this Lease or s~bleas~ any ~I J)U.. J)U..'j1 i ~11:u, Ji., )l,w
part of the Leased Premises without .. , ". ! .. 0 i! •.
the prior written consent of First Party, and ~l-9 '.<' - V) c.r
o..lWI o.:l..l.:..A!1 ~.J:! <, ) ~
remedied such failure or breach within ul c.r .)~I ~I.))~.J J}JI w.}:Jl ufo.
the fifteen (15) days specified in ~U11u..;-lJl.l.ic 0-0 ~ ~ ~1y.tl4 ~y...;
section 7.1, First Party shall have the J.-=...JIwI~ ~I ~I C;.JL....:.
~
option, at its sole discretion, to buy ~ \A.l.,1~ ~ ~I.J ~U11 w.)Jy ~WI
back the remainder of the Second ~WI u.lJ1 ~I wI~ ~ (.)"L..I
Party's Lease for an amount equal to IS.JL....:. ~ r-!.) ~ ~.J~ ~U11 u.)Jy
the d,epreciated. value of ~he Second ~.J ...wl ~ft.l..\1.,.J..wICJ.o~i9!'.1l ~...foll
Party s Shop FI~ Out, which a~ount ~I .JIC;)-"!o C;.)~.bL.;u C;IyL...:J1 1i.A
shall be determined on the basis of I L.:..:i.bL...;;j It.......·· 1.li9 l.lll~ ~1...,..J1
Second Party's audited cost of the .J C;.)WI ,-.tlw;j
I C,./) ~ 1I ~
Shop Fit Out multiplied by a number .J ..?- . .) " .: ..JAC• :~,.J ~ .".
the numerator of which is the J";':ll LA..rb11 c;lW 4....-\1., ~ ~I 'jl ,4.9')1.:..
unexpired Lease Term and the )-:::-.;'II.J.)4-.;'11u-- .:l~1 ..>-:f:- ,pi 0-C
denominator of which is the Lease ~ 0-0 ti.l.!1~ IS...>-'>-I ~4-0C;I.J~t...;.,'I1
Term. Such computation shall C;.ill 6.3)1 ~..wl I~ ~.JA-! ~t:ill u.;bll
exclude anyon-going business or .~1~4 tl;..ji...>'jl I~ Jt, Ayj.y! A;
similar value, loss of business
opportunity, customers or profit related
to the Leased Premises or otherwise,
but shall include a set off in favor of
First Party for any unpaid Rent,
Additional Rent and other amounts
payable by Second Party hereunder
up to the time that such buy-back shall
have been concluded.

7.4.2 In order to exercise this option, First

Party shall be required to give the
Second Party an additional thirty (30)
day written notice, after the expiration
of the notice period set forth in section
7.1, of its intention to buyout the
Lease, which shall constitute a cure
period during which time Second
Party can cancel the First Party's
option by performing said obligations
or curing said breach, failing which
First Party may recover possession of
the Leased Premises and remove all
persons and property therefrom.
7.4.3 First Party and Second Party
negotiated and established the
foregoing buy back as representing a

~ - In Line Tenant Lease 220f36

 fair arrangement and as reasonable ~l t.:WlJ!J ('-i-V) o.:!Wl~ 4-=lc ~...,.....,..wl
mpensation to First Party and (j~1 ~1 ~ J}11 u..rbll 1"l:!9
U6. ~ 4.ji~
~nd Party, in the event of Second ~U11 u..riJl ~l ('-i-V) o.:!Wl'-:4~ ~L...:..r:i
'Darty's non-performance of the (ji ~.) tlWl oiA ~ ~U11 u..;-bll ~ '1 4.j}i ,
~ 'wations listed in section 7.4.1, and Ji .uJlliA ~~ ~~ uLS ~ tSyi.i ~u...,
-::;e further agreed that upon the .4\.!)G..
A! ent by First Party to Second
?':J''7 of the amount calculated in
with section 7.4.1,
Ss:oc d Party shall thereupon have
-:: 'rf er claim whatsoever under
::'-'5 ~ease or otherwise.

~ :: ORD AND OWNER'S

",,""",,~jJIES WHEN LEASE NOT
~~tifAn:D o.:!WI~~ .liJI I~. ~~ll"~ J}~'I u.;bll .)~I ~b.~
(r -V) o..lWI'-:4 ~ ..)?-i.:i......Jl a.c J JI (' - V)
.)L1J1.JP.-l.:i
s-:._:: r-s: ~i': se eet to not terminate this J-=..ul-! ,(i-V) o..lL.Jly....::..~ ~1~l)..l....Wl t4-";"""" Ji
~ or to relet the Leased llA ~ ~W\ o~ ~ J Wu J.1:.:l 0j'y:Jl ~ ~\jJl u..;bl\
7.3, or to buy-back the
~""'ttrl,n ~y..,l ~)G..~~U11 u..riJI I"u ~1-,"""J~1 (j.)L....lkll
--= _ -::e- sect n 7.4, Tenant's right to f'49l\ J}'11u.;b]l J.:....:! ,~WI o~ ~J.'i I"l..?-WI ).WI
"'"S_B€;S - s. all e maintained, in which event
<I...b.$ ~ ~ .uJl I~ '-:4 ~ o.):!-!I.ljJ <I..!.,h ~ jWl)
~ _5'2":8 S all continue in effect whether or
tJ4J1 J-SJL~I I"..,.......)j .)'--=H.'/' ..lb";"""'l~
c,.r-'""'I.......'JI
Party shall have vacated or
::;.s:---&G ~ e Leased Premises. In such ui ~ 'iJ ..uJI IlA ~~ ~ ~ ~I tS...r:..'JI
Party shall be entitled to enforce all ~U1\ u..riJ\ ~~ Ji .uJlllA ~4JHt"'u J! J.,)l1u.;bll
- =--s: Party's rights and remedies under this ~ .cl.G u..! ~ ' J.,)l1u.;-bll J-;Ii o- ~I..H'-ltS~ ~ ~
ease. . eluding the right to recover Base Rent, Jy....l..Il O ..l~)(jiJi oj4:J.l (ji ,y.=J1 '1 -Jt.:i.J\~
o.:!k.J....,1
- C arges, and such other sums as the t..F 'L..:il\ u ~ . i.n~ -->-'-""-L1.:.. i.) . J.J )II u ...}-""'I"-\
k.....&\ . LlI .llJ _1L...
e+e zecome due under this Lease. First Party 'ij .~IA..liJ\ I~ t~y...1 JI ~~l o.)y:;.:..1 1Jc .y! yyy
;; -:;: be deemed to have terminated this ~ J}'11 u.;-hll o~ ~~ ~\..r:--J (ji ~ j~
sase Second Party's liability hereunder by ji.lla.l\ IlA ~4JJ,.lkl\ liA u--~..»(ji jW,/ ~\jJl u..;bll
s act of First Party, including without .y! ~ (ji <:;:I.).:!) r:Y rl L... ~~ ~L:ill u..;-bll ~~
--~. . any repossession or re-entry, unless
-V) o..lWIf'lbi ~ ~WI o~ ~J ,JWll~ ~~~ ~
~ Pa - expressly notifies Second Party in
.(r
a it elects to terminate or buy back
- ~-e. Nor shall any legal action taken by
~. ~ against Second Party to enforce any
l . :.:.' is Lease by and of itself terminate this
.a<sc Second Party's liability hereunder
ess ~tdgment is entered therein terminating
_Base. whereupon the provisions of section
_ ,;:-a apply.

a MITIGATION OF DAMAGES

First Party to mitigate the damages

Second Party's breach of this Lease
valve First Party's right to recover
or to pursue its other remedies
- ""'1.1-. Nothing herein shall affect the right
arty to indemnification for liability
:--; ?' r to the termination of this Lease for
s:"""s • j ries or property damage caused by
..•... Party, as otherwise provided in this

230f36
Lease and the Special Conditions.

7.7 LANDLORD AND OWNER'S RIGHT

TO CURE DEFAULTS
Ji ~.;i 4..::J~ L.).. ufo 'i.usl, J}JI u.;bll ~
First Party shall have the right, but shall not be
obligated, to cure any default or any portion UL:JI o.lA~J .~WI w.):J1 tillJ yL.....:.. ~.u... ~..?-- 'ii
thereof for the account and at the expense of J.fil u.rb-ll ~..l ~I ~L.S:ilIJ c.:.A!J~1 utS u~
Second Party, in which event all costs and ~ .. <~ ..
u..,......~ .:~II 1.lAJl.. Wk....l
.. ~ ~. L..ui\A~
~ . J
expenses paid or incurred by First Party in LaS.~Ull w..r1JI ~ ()..4 J.iJI u.;lJl i.J.;-!t9..u141JJ
connection with the curing of such default shall ,~I ~~ l.J.o
be immediately due and payable by Second u~L......iWll~ ~~~
~t.....
'ii..l"-! uJ tji ~ ,JJYI u.;bll ~
C~.):!-I..l.J Ji ~tji 4.....)...•.•
Party to First Party. First Party shall have the .~II~~Liu..l.9
right at any time subsequent to any such curing,
to exercise any right or remedy herein granted
to First Party which may have arisen by reason
of the default.
~ ~\.:i.....-ll.:a\..S.l:i...w
~U:J ~\.:i.....-lI.JUa.l1~ .A.V
7.8. LEASEHOLD IMPROVEMENT AND . ~l.l......aJI.:aWi- ~ uyAillJ ~~I .J1la.l1
TENANT'S PROPERTY TO REMAIN IN
LEASED PREMISES; DISPOSITION OF
TENANT'S PROPERTEY
In the event of termination and repossession or
re-entry under sections 7.1 and 7.2 all Second
Party Shop Fit Out and all merchandise on
• and in the Leased Premises on the date of
s ch termination and entry or repossession
shall remain in the Leased Premises and shall
become and remain the property of First Party,
and Landlord and Owner may use, sell or
herwise dispose of all such property in such
anner as First Party deems advisable, or may
direct Second Party to promptly remove any
part or all thereof.

7.9 BANKRUPTCY AND INSOLVENCY

) ••.••
~,~IJ '-""~~\ :~_V
This Lease is upon the condition that if the
ease hold hereby created shall be taken on ~ w....:i I~l4J~ .1.J..fo iWl I~
y..li......J1.Jtk.ll ~.J..l\.....-..,
execution or by other process of law; or if a ul~I.Y:'")lll.J.o~ .J#- Jl ~L....;...9 p.:. ~ 0.!fo LP ..l.9La.:i.11
receiver, liquidator, or similar officer shall be u..1;JAJi~) ~.L..;,.! IY'.Jw..~ ~ I~l-,i~.J-iWI
appointed to take care of all or any part of 410 ~j...;..tjlJi ~Ull w~1 ul.S.l:i.....A...i~ ~\..klI J-,'1......
Second Party's property by a court of. (":!..l..i:i ~ I~lJi ~~ ul~ W:.... J;J ~ ~
l.Jo">LAi::..1
mpetent jurisdiction; or if a petition (including, IY'WI ,~I 'i JUJI J.!.!.... ~ ,~ ~ ~ ) IY'WI
'I '. out limitation, a petition for reorganization or (c.....u:i .~II i .. \.:.;~\I
'8ngement) is filed by Second Party under tj i ~.. ~r..r
'U!I w ..r='.u..o
. LII ~. ... 'Y'J~ ~..lk.'i
.
~I 1.lA()..4 IY'WI tji (":!.uJ r-.:iI~!."iIY')\!)14l.Jo">G.. u.J-ll!
a! bankruptcy law; or if any such petition is
:. ed against Second Party under any ~ rJJ IY')\!)I"-i l.Jo">G. u.J-iuc.ji ~~ ~WI w.):JI ~
ankruptcy law and the same shall not be ~y.g11 ~ I~lJi ~~ t-:!)·J l.J.o I....J:! (1' )L»i)lJ J~ ~.J

. missed within thirty (30) days from the date ~ ,~l..l c;lW ~Ull w..r1J1ul.S.l:i..... 0-C- JjUJ tj~
which it is filed; or if any assignment shall c.jiJ ..lk.ll 1:U~'i o)l.c.i ;;.J..,s~1u'iL:J1 ()..4 'ii ~J
, made of Second Party's property for the o.lA J.:i...! 4-....WIul..l-""".,JI .u.i y..l:i....JI)k.l1 ~ w..-...
~ efit of creditors; then, and in any of said o..uWI.):!-I1..l.Jl1
Ji J.JWI 4.9tSJ 'il .)! 4.9L..:.c.)l4J
,ul~Iy..)l1
cases, this Lease and any interest in and to the .w1! ,u.J-iLilI4:!lc ~ Ji ..l.k.l11:U~Y'-! J.JY1u.;-hll

'. '"" -;-e!P..nt Lease 240f36

 --

Leased Premises shall not become an asset of

any such proceedings and, in addition to any
and all rights or remedies of First Party
hereunder or by law provided, First Party may,
at its option by written notice to Second Party,
declare the term hereof ended and re-enter the
Leased Premises and take possession thereof,
remove all persons therefrom and apply the
provisions of sections 7.2, 7.3 and 7.7, and
Second Party shall have no further claim
thereon under this Lease.
oliaJl ~I.f.lil .a: ~1.i:J1~ ~\.:i....a.J1j1~1 :' • - V
7.10 HOLDING OVER BY TENANT 1.~.
'-H" U-O.~I ~14.i91--tw,
• .r. ~'WIu ..)0'=
.ul ~wAjI..:..
• ~
.
In the event Second Party, with the prior written ~~)) ~~I ~ y,.h....,.JI.)lli11~ IYI..:..,J}il u.;bJ1
consent of First Party, remains in possession of '~..l,!~ (jiJ .lW1I~ ~.JA!
.l.ic f'ly) C:.)J.:J ~WlI .)~'11
the Leased Premises after the expiration or :~WI u.)J1 ul-! '..l,!~.)~)
termination of the tenancy created hereunder
and any extension hereof, without the execution
of a new lease, Second Party shall: c;~ y..~ y:.l.l.....J1
.)LWI ~ J...j~ ~ ,-, •- v

oU ui UU:. ,.>....Wlluf'~\J .J..J~ ~

7.10.1 be deemed to be occupying the
Leased Premises as a tenant from .)~'11 ~ ~ ~ f'u:")I\J .J..J~I
month to month on the same terms J 'C;~I
and conditions of this Lease, insofar
as said terms and conditions are
applicable to a month-to-month
tenancy, and
7.10.2 shall pay First Party for the period
Tenant so remains in possession a
sum calculated at the rate of three
times the Base Rent, Service
Charges and such other charges and
payments which Second Party was
paying for the Leased Premises for
the last month of the Lease Term.

7.11 EFFECT OF WAIVER OF

DEFAULT

o consent or waiver, express or implied, by ~ ()A ,~ u\5. ~I."...,JjUJ Ji 4.i91y>

Ji~......>-'-"" c;i u)
First Party to or of any breach of any Covenant y..;..IJJi .,r:>.i.J..~Ji ~ C;~J~) C;i~ J.J~Iu.;bJ1
or other condition or duty of Second Party shall Jjw:i."l uly>.u~ o~ jYH.'i ~WI u.)J1 •.::A;I.:;.I (.).A
J
be construed as a consent or waiver to or of La .,r:>.i ~IJ Ji .J..~ Ji ~ ~i J' .cll~~i J~) C;ilJC-
any other breach of the same or any other .J.J~Iu.;bJllJ-o~y> ~ ~ ~ b)J.cll~ r:.fi:. rl
Covenant, condition or duty, unless in writing
signed by First Party.
~1.:iJ1~:'''_V
7.12 SECURITY DEPOSIT
Second Party has deposited with First Party a.....,.,L.......;,.$
J.J..>-"""
.~Iu . Lli '-".,.,W ...,.-l:i c;:-"'
; "."'.
!'" '.?...J'WlI u ...)-"""'
,'LI.oa. . '-'I Y.:J.i
'- ..,
Security Deposit as security for the punctual ~_i'L.Ij:il1 ~J Z/J. ~WlI u,;-bll J...:! 0-" ~'wl ~b::U
performance by Second Party of each and Ji JS ~ Ji f'1Ai...1JJ~Iu.;hll jYH.J .~I I~ ~.JA!
every obligation of Tenant under this Lease. Ji ~ C;i~t....J (»ol.Js t.:J."..JI ~I ~ ()A ~j.:;.C;i

•- - - Tenant lease 250f36

 Party may appiy or re ai a of .~\ ~ o~ &4- <$1 ~ J}il u..rh!1 ~~
Security Deposit to cure a y defa . or to liA ~ J.,':ll w...;J.l14:!9 r"~ ~\ w';lL:J1tJ...o J,S. ~J
ej burse Rrst Party for any su • ic First y..;.JA! f'~ ui ~W\ uyJ\ ~ ~ ,j;>.-=J\) f'1..\.:i.':i.•• YI
party may spend by reason of the de ault. In j..;..h\ Ji f'~\ <$~\ ~I c3~J}il w.)J1 o- ~l.:i.S <-,J.b
, e case of every such application or retention, t-4o ~) ~\ liA u~ ~ J}JI wyJ.l ~\ 11l. ~
Second Party shall, on written demand, pay to .illi~..\ ~ Jlli)'\ ulJ .~~\ ~~) o\..J..\kY CJ:!.ol:il1
Party the sum so applied or retained,
• ich shall be added to the Security Deposit,
~~ ~ ~\ \~JJ . ,-v o..\W\ ~JA! ';l)L:..l ~ tl4J\
~JA! J)L:..) <$i yS:i~ r-1~WI uyJI ui .J~)'I ..\ic o~
. at the same shall be restored to its original
u.;-bll-w... ~.J <$i JI CJ:!.olJll t-4o t4.Jl ,.:4 ,.u.J1 liA
B nt. Failure to pay such amounts shall be
deemed a breach under Section 7.1. If at the .",r 'WI
of the Lease Term Second Party shall not
De j default under this Lease, the Security
sit or any balance thereof, shall be
.~ ed to Second Party.

SECTION8. ALL PROMOTIONAL PROGRAM 4$.J~1 J-Se u--t=-9..;ll1 ~W.J:ll1 AoJL-l1

AND TENANT ADVERTISING h~I~~I.J
. Party shall establish and actively j..SyJ\ ~ 4->uy' ~~~.J J.,YI w..rJ..l1 .•
ement a program to foster and promote the ~ ' J}il w..rJ..l1 01.>-:1 ~.u ~J~IJ
~l\~YI ~ c.t.ljJ\ u..rbll J91.Y-JW)\..o·,o.J~1
($J::;1t
'as Landlord and Owner may, in its sole U!J ~
retion, deem appropriate, and Second Party .bJy;.ll o- f o..\W\ ~ ~
.:i.......::.t.:JI yJ\ .I....olS.:.. ~
a~rees to participate therein in accordance with
ire rovisions therefor set forth in section SC 4
: e Special Conditions

260f36
 SECTION 9. MISCELLANEOUS PROVISIONS . ~~ e~i :C\ OJL4J1
9.1 REPRESENTATIONS AND ~U~I..J ~1,A;i'l1 :'-~
WARRANTIES
?)JJ ~ ~ ~.J ~t..:ill w..;-bl\ J JJ~\ u.;-bl\ .A!
First Party and Second Party hereby represent
and warrant each to the other that: :Wi~~

9.1.1 It has the requisite power and

authority to enter into, execute,
deliver and perform this Lease and
its obligations hereunder;
9.1.2 The execution and delivery of this
Lease and the performance of its
obligations hereunder constitute
legal, valid and binding obligations
in accordance with its terms, and
will not result in any breach or
violation by it of any provisions of its
charter or constitution, or any
breach of, or constitute a default
under, any instrument or agreement
to which it is a party or by which it is
bound; and
9.1.3 No consent, authorization, license or
approval of its owners, shareholders
or constituent body or of any
governmental authority is required
to authorize the execution, delivery,
performance, validity, enforceability
or admissibility in evidence of this
Lease, or the performance by it of
its respective obligations under this
Lease.

9.2 NO ASSIGNMENT,SUBCONTRACT OR
CONCESSION 1:U c:W JJ~I j!l:J\ W~ ~W\ w.)J\ .ft.l
uyJ\ '-,?.JA>..,.;J\
Second Party acknowledges that a substantial ~i ~ J :i....J 6.:il\
....}. r..r <....J~ ~
.U!\ '. Ll\ J\:...>-:! "<5J u~
., ~ .l.-ia.J
.., 'I
inducement to First Party in granting this Lease c~\ ~u.l\ w.;JJ\ wt..\~'X ~i:i......J\..}tk.I\f'\~"J
vas and is Second Party's business reputation J ..}'WI r..r'WI u y:= .1.11 ~- 'X,dl~ ill JJ .~ W\ ..}\.Wll.. "e':'
and competence to utilize the Leased Premises Ji 4 f'1j-ll\ Ji ~ Ji ~ ) w..-.. ..si Ji .lk.I\ \:u we.
for Second Party's Permitted Uses of the 'X &.liS J ...:.wtS ~.).:. '-,?~4...,....:i) ~ ~l Ji u..} Ji ~
Leased Premises. Accordingly, neither this ~ '-,?~C'-....Jl Ji jl.,iiol &-- Ji wb41\ 0A ~~l .u J.:..:!
ease nor any interest, benefit, right or JJ~I u.;.b]\ ulJ-4 WJJ ~.;..Jl ..}l:W\(j-4 "?..si ~
obligation herein may be assigned, sold,
0-" "-! c..>-'-"'-" ..>#- ty ~i <.!.JJ~~l.:..u!J .~l ~l
ortgaged, pledged or transferred in any
anner by Second Party, and no subcontract or
) jl.,iio'X1) wb41\ L>-o..}~,/\) Jl~ Ji JjI.llll \1\ ~
concession to or occupancy by person of any ..}LbJ '-,?i WJ~ 4iW:i oj~J0~.uJ\ liA 0~ Jt.t...:.'/\
part of the Leased Prem ises may be made \:u 0A (r-V)J ("-V) ~JW' f'ts:..i ~ ~ dl~ ~~J
'. out the prior written consent of First Party. ~tS:i '-,?i uJ.! ' JJ~\ uyJl L>-o UJ'/' "U:.c.J ~l.:..~J .iWl
the event of any such unauthorized u.;JJl ~.l.,! ui~ dl~ ~ l4 JJ~\ u..rW1tA~
assignment, transfer, sublease, concession or .~ JJ~I uyJ\ ~\...b..,,ljc "~luJJ ~W'

~ '-; ~ Tenant Lease 270f36

 apancy, this Lease shall automatically
. e without further notice, whereupon the
'::'J '-' ns of sections 7.2 and 7.3 of this Lease
'Sc"- a ply. If First Party grants permission, any
srs . curred by First Party relating thereto
De paid by Second Party to First Party
on demand.

= CONFIDENTIALITY

=.:::. ~ first Party and Second Party ~I 1"& . o. !I ~tjJl w..rbll .1J}:JI u.;bll ~ ,-1- '\
dertake each to the other that it will \...,.:~':J u..§.1 ($1 ~.11 Ji,J1I~ •.. ~i I.....g..i...ljif'~ uJ.u~
'lot during the continuance of this :~
Lease or at any time thereafter:
a) itself use otherwise than in
accordance with and for the
purposes of this Lease, or
(b) divulge or communicate to any
person

:..-.' e terms and conditions of the this

_ease, • eluding the Exhibits and any Addenda
-"S-e-t , or any confidential information relating
:-: '~e affairs or the business or method of
-,:: •.•.s - 9 on business of the other or otherwise
,- -: may have received or obtained in the
ance of its obligations or exercise of its
-;--:s der this Lease or as a direct or indirect
~_: f this Lease, provided that this restriction
s~'" cease to apply to information which may
-ereaner come into the public domain otherwise
~ y breach of this Lease; and
0~ ~i ~tjJl w..rblI.1J}:J1uy:.lI0..O JS~ '1'_1_'1
~_3.2 First Party and Second Party further ~14.i .. 11 f' ts.:..L.•~ yo ~• \"""6-""~~
.. t , Ie'. .
• ...J"""
undertake that each will procure that
0~ ,~~I f'jJ 1~1'~)lS~,., .l.W11:U~
its employees observe the
.JLWI ,y-..l.A.1 ($.J4:il1 j$~1 f'1L,y-.lA L>-" JS f'~
confidentiality provisions contained
herein and, if required, shall procure uyo~ U:l~\~ U:l.?'il ~yoll .J4S.1 fi'UI
that the general manager of the Mall .J~4,.,\ ($.J4:i!1 j$~~ t.ilUJ1.ut....c.\ &).:lH
and of the Leased Premises, and o.J~.ill~ ~ J.S y..lb L. ~ 'fi'lL....J1
such other of their senior employees u.;-1J1 t-" ..ill:l J,.;.~ ~ WI~ A.>!~'~~
who deal with their business affairs .JWI ~ ~ ,&y:.40 ~\lI1 w.;hJI.1J}:JI
related to the Mall and the Leased
Premises as either may reasonably
request, shall enter into written
undertakings to that effect direct with
irst Party and Second Party, as the Jy.W1 ~.JL.,.,(1-'1) a...J1o~ ~ &.:l))1 ~L..I]il':J1~.1
case may be.
.ulS~ ~ ($~ Ji,J1I~ •..
\+UI~ W
'"'c bligations set forth in this section (9.3)
s-:= S rvive the termination of this Lease,
~ ~oever caused.

280f36
 9.4 NOTICES FROM ONE PARTY TO
THE OTHER

9.4.1 Any notice, demand, approval or

consent from First Party or Second
Party shall be in writing (whether or
not reference is made in any
particular portion of this Lease to
"written" notice, demand, approval or
consent) and shall be deemed duly
served on Second Party or First Party,
respectively, when (i) sent by fax to
the number of the party, with the
original thereof by mail to the mailing
address of said party, in each case as
indicated in section 1.1, or (ii)
personally served at the mailing
address of said party set forth in
section 1.1, or when delivered to such
address via a reputable private
express courier delivery service.

9.4.2 Each notice or other communication

under this Lease shall be Arabic and
English.

9.5 ESTOPPEL CERTIFICATE

9.5.1 Upon the written request of First Party

at any time and from time to time,
Second Party shall within fifteen (15)
days provide a Second Party Estoppel
Certificate in the form of Exhibit 0
hereto duly attested by the Riyadh
Chamber of Commerce and Industry.

9.5.2 Any such statement may be

conclusively relied upon by First. Party
and any prospective purchaser or
encumbrances of the Mall. Second
Party's failure to deliver such
certificate within such time shall be
conclusive upon Second Party (i) that
this Lease is in full force and effect,
without modification except as may be
represented by First Party, (ii) that
there are no uncured defaults in First
Party's performance, (iii) that not
more than one year's Base Rent has
been paid in advance, and (iv) that
Second Party has appointed First
Party as attorney-in-fact of Second
Party to execute such statement for
and on behalf, and in the name of
Second Party.

'- < 7e Tenant Lease 290f36

 DEMNIFICATION
~ Party agrees to indemnify, hold,
::~:BI"" and save harmless First Party, its
-c=oers, employees and agents from and
Bga' any and all actions, suits, claims,
csses. costs, expenses and liability of any kind
,..~ - 9 from or as a consequence any claim
First Party, its officers, employees or
s;- cc arising from or which may be attributed
..". c~ caused, directly or indirectly, by any
'~I~,,,,,,
...
i€, act or omission of Second Party,
omcers, employees or agents at or in
r-ssped of the Leased Premises.

9.7 CONSTRUCTION, APPLICABLE

W, AND JURISDICTION
uyswl JI ul,;!..,;-.!jc;i ~I 1i.A u~~.J:l 'J '-V-'l
- -. :here are no oral or written
u.,;-1JIJ J}~\u.,;-bl\ 0H ~) ~# <.G,?-I
epresentations or agreements
between First Party and Second Party J:.J~I ~l..b~ ~ .lkll liA uk y~ u, ~WlI
a -ecting this Lease other than this t:..1~ ~ ~ UI~ c;i." ~IJ .t....WI
ease, including the Special ul' ~J.-~II ul.Jsw'JI
_ ~ ~I 11\ ~J~I. .0.) W'JL
.'
Conditions and Exhibits and any <$1 0-'" ~L...JI uUI.iJ'"'JIJuu.......wJIJ
ul).;-!)'I."
documents expressly incorporated 'J) ~I I~ J;~ j.J-'H, 'JJ ...:wlS~ ~
herein by reference. This Lease J}lI u..rb1\ <J..4 J,S ~.J:l 4k;.. ul~ ~.JA!
supersedes all prior agreements, .~~I w..)JIJ
undertakings, representations,
warranties and arrangements of any
nature whatsoever, and may be
amended only by instruments in
writing executed by First Party and
Second Party.
_.2 This Lease shall be governed by and
construed in accordance with the
Rules and Regulations of the
Kingdom of Saudi Arabia. Any claims
or disputes resulting from or arising
out of this Lease which cannot be
resolved by the parties within ninety
(90) days after a formal written claim
shall have been served by one party
on the other in respect of an alleged
breach of this Lease shall be resolved
in accordance with the applicable
Saudi Arbitration Rules and
Regulations by one arbitrator selected
jointly by the parties. The Arbitrator
Shall be knowledgeable and
experienced in retail shopping center
leasing or operations, as appropriate
to the dispute. The arbitrator shall be
selected from the list of arbitrators
nominated pursuant to said rules and
regulations provided, however, that if

300f36
 o member of said list meets the
oregoing expertise, the arbitrator
s all be selected from other qualified
persons in the Kingdom of Saudi
· abia in accordance with said
· itration Rules and Regulations.
Each party irrevocably and
, conditionally waives any objection
N ich it may now or hereafter have to
• e choice of the tribunal referred to
section 9.7.2 as the venue of any
ega/ action arising out of or relating to
~-'- lease and agrees not to claim
-n:aw it is not a convenient or proper
:;...urn. Second Party further agrees
:'"'8° if proceedings are commenced by
=""-st Party in the above specified
-';: m, Second Party will not bring any
ncurrent proceedings against First
=-arty under this Lease in any other
- m or jurisdiction.
;. -..! Second Party hereby consents
~5 erally in respect of any such L ,. ~ ~.. ~y>C~t..
c;.~, ·\ill w...F"09~
.LlI '°1
~ oceedings to the giving of any relief "I L-lG..... c;l 1'Lk:.) ~ ~11'1....>-?)'1oi.A L>-o
r: the issue of any process in o~ ~ \.4 1'~1 ('I....I JJWl. y:.':' c;l )~)
nection with such proceedings j....;>...:J1".u.J11i.A jUiJ.cljj ~ ~ ~11'1..;-;-)'1
i cluding enforcement of this Lease WJ\S ~ ~\ill w.;lJ.l ~~ c;l ..,1:.~~I
and execution against any property
~1~I"i ~I~I (.F~I uA-i-i)
vhatsoever of Second Party
(irrespective of its use or intended
"I o).:.......:.J ~ ~).)41 "I).J c;'t (w~1
.~II'Iy...)'101l. ~ A.:ijt.;..)
use) of any Award, order or judgment
which may be made or given in such
proceedings.
~•. 5 Each party irrevocably and
~I.! ·.1(" ,.. ,.•••. UI lJ-"
.1 (" J.Ll:iJ o_V_'1
unconditionally waives any immunity . ~ ~ u::-~ ~ .J ,
, ;Ul...=., I· ..b ~ . .._~,t1
to which it or its property may at any ~ c; uc "...>'-"'" yp" ~
time be or become entitled, whether L>-o ..::......;-' c;i ~ .!......J"1S1:i....J ", .u ~
characterised as sovereign immunity "I ~~;U~..:..w\S 1'1>-", d ...!,,'tl
or otherwise, from any set-off or legal ~ ~y\.j I'I.r.>-J-" ~ c;l ~-L9)l;..
action in Saudi Arabia including .cl.Jj u-9 ~ 4..;.:.~1 4..;a.l1 ~\
immunity from service of process, ('L..I J.,..iJl.y:..w\ t-#.:.........;;, ;Ut............!\
immunity from jurisdiction of any court -sl (j""L..4i:..\ ;UL...:..:JI"I 1'~1
.:..........::.
or tribunal, and immunity of any of its
property from attachment prior to
~~ o- c;'t ;UL.",.".Il" 4,,1 ~
.rWl ¥.ri .:...:..
"I ~I ~ ~I .:...:..
'udgment or from execution of
judgment.

3].6 1 the event that any provision of this

ease shall be determined to be
i valid or unenforceable under Saudi
aw, the unaffected part hereof shall
emain in full force and effect and the
parties shall attempt in good faith to
agree upon a modification reflecting

310f36
 the purposes of this Lease, failing . L. :L..:.I.:JI~ .Y""'"
c.j .UI ~J '. ~I• _ :i\ ..
~
tl4..b..1~
which such modification shall be ('1' -V-'I) o~Wl~ tlj.i
decided by the arbitral tribunal in the
same manner as a dispute in
accordance with section 9.7.2

9.8 DEFAULT BY LANDLORD AND

OWNER

First Party shall not be deemed to be in default

in the performance of any obligation required to
be performed by it hereunder, and shall not be
liable to Second Party in any way,
9.8.1 as a result of any loss of use of any
part of the Leased Premises, or loss
of business, customers, goodwill or .JL.i...l1(.)-A •.j.....;-. c.ji rl~1 o.J~ c.jY ~ '-A_'I
profit, due to any act or omission by •.:L.....c.;i ~ ...:u4-J J\-.a.c.\ ~\ o.JL...:.. J\ Y."1.:i.........J1
any of the Other Mall Tenants or their u~ c.ji ~ C~}iIJi ~.J~I ~IJi
failure to perform their Obligations c.j.JWI j..S..;...l1c.jY."lL......-,..wL,.. L.>-o JUc.l.Ji
under their respective leases, or ..l.,:ac. Y-"?-..J4I ~1......lyll •.I..li~ ~\..b.lJ\ U:!-.?-YI
} 'r+! ~I.:JI .J~"I1
9.8.2 as a result of any accident, loss or
damage to Second Party, including
lost business, customers, goodwill or
income, in connection with access to
and use of the Leased Premises or
the Common Areas unless such
accident, loss or damage shall be
caused by the gross negligence or
willful misconduct of First Party, its
officers, employees or agents, or
9.8.3 Unless and until First Party has failed
to perform such obligation within thirty
(30) days after written notice by
Second Party to First Party, specifying
wherein First Party has failed to
perform such obligation provided,
however, that if the nature of First
Party's obligation is such that more
than thirty (30) days are required for
its performance, First Party shall not
be deemed to be in default if it shall
commence such performance within
such thirty-day period and thereafter
diligently prosecute the same to
completion.

9.9 ATTORNEYS' AND EXPERT FEES

AND COSTS
~Ull uyJl JJ.J''i1 ujlJl em ~.J-ilj <.::.J1
•.IY."l c.ji 4..lb..~
In the event of any legal proceeding between ,.ua.ll liA Y-"?-..J4I o~J,JI J.,.i:J1 J ItJ rLS.:.. YI o- c.ji ::'W"I
First Party and Second Party to enforce any of
the provisions and/or rights hereunder, the
c3~<.::.JI "II oiA
•.I..J-;" ~ ~ ...>-"'I.:JI u..rW1 ~ ~ .u}.9
J.S..ill::' ~ ~ .jHlI u..;l:Jl <.::.J1.!J~IJ <....i,JlLSJ.II
~
losing party to such proceedings shall pay to the

~.!"~b line Tenant Lease 320f36

 successful party therein all costs and expenses,
• ding reasonable attorneys' and expert fees
a d costs, incurred by the successful party,
_to ich amount shall be included in and as part of
- Award and any judgment thereon.

9.10 MEC:HANICS' LIEN

Second Party shall not permit or suffer the filing Jt...a.ll Jjb ~ ~I :' .-~
- any lien, encumbrance or other charge
against the Leased Premises, nor against First
arty's or Second Party's interest therein, by
eason of any work, labor, services or materials
supplied at the instance of Second Party.
Second Party hereby indemnifies First Party
and agrees to hold First Party harmless against
. bility, loss, damages, costs, attorneys' fees
a d all other expenses which may arise or be
j curred by reason of any such lien,
encumbrance or other charge for any such
unpaid work, labor, services, or materials.

9.11 EFFECT OF UNAVOIDABLE DELAY

9.11.1 If either party to this Lease, as the

result of any (i) strikes, lockouts, or
labor disputes; (ii) inability to obtain
labor or materials, or reasonable
substitutes therefor, (iii) acts of God,
governmental action, condemnation,
civil commotion, fire or other
casualty, or (iv) other conditions
similar to those enumerated in this
section (financial inability excepted)
beyond the reasonable control of
the party obligated to perform, fails
punctually to perform any obligation
on its part to be performed under
this Lease, then such failure shall be
excused and not be a breach of this
Lease by the party in question, but
only to the extent occasioned by
such event.

9.11.2 If any right or option of either party ~u..:;1

~ ~..;.1:JI o- '-fY ..Jy:.. Jli J...:.. '-fi uLSI~l "-,, - '\
to take any action under or with <L..: ~ ~ Jli .waJ1 1i..A. ~.>"-! •.I..J--?-l tSi
respect to this Lease is conditioned J)U,. ..J WI
~ JIi ~~- II llA. (..I->A
. t· 4........ ..J ~ • U.JlY-"A
;
upon the same being exercised
.~ ~ Jli J:9) ~Jli o~hA ~j
t-:l..JL.:i o..fo
within any prescribed period of time
'u \...:illI~
C~..J Ji..JI ~I~ ~jll~...J-""s .~~IIo~ Ji... U.
'J.!
or at or before a named date, then
such prescribed period of time and ~ .o»l:i Jli o~ ~.l.:! A....i4~ ~I
such named date shall be deemed to ~I »l.:ill 0.;-i9 '-fJlW o~ .JL:JI ~
be extended or delayed, as the case .o~i li..Jfi~1 ~b ..~YI u- '-fi 4-;9 ~
may be, for a period equal to the LJ~~A....il-9 .~II:U ~~..J-:lL......~)~JI

'.~ {::line Tenant Lease 330f36

 period of the delay occasioned by ~Ull u,.rhll wL..lj:ilY.Ji r o..LJI r~~ ~
any event described above. .Ji ~~ .;i JI."......i.;i c.S~i tly.. 'il ~..) ~
Notwithstanding anything herein ~.JA! ~ &> lA..)I..)....o 0.!4l wL9.J~"'\ r""'.J
contained, however, with respect to ~.h.i9 4-:b L>"'~I 61~Ylu\.! ,iWl 11\
the provisions of section 3, or o)le. i (\ - \ \ - '\) o..)UI lJ-'> (r) .)! (') 0'" ol~I
Second Party's obligations to pay .o..)WI01\ ~I.JC Y ~ ~ ~I ~
any other sums, monies, costs,
charges or expenses required to be
paid by Second Party under this
Lease, only the events described in
items (i) to (iii) of section 9.11.1
above shall be deemed to be
applicable for the purpose of this
section.

9.12 WAIVER OF SUBROGATION

First Party and Second Party on behalf of
themselves and all parties claiming under them
hereby mutually release and discharge each
other from all claims and liabilities arising from
or caused by any carelessness, negligence or
improper conduct to the extent that First Party
or Second Party, as the case may be, is
covered by insurance for such loss, or is
uninsured but would be covered by an
insurance policy required by this Lease to be
maintained by the releasing party, had such
insurance policy has been maintained for the
amount of coverage required pursuant to this
Lease. Both parties will notify their respective
insurance carrier of this mutual waiver of
subrogation.

9.13 HAZARDOUS AND OTHER

MATERIALS

9.13.1 Second Party shall not, without the ~I UI."...JI u.Jol, ~Ull u...rJ:.ll j.J--?-:l'i \- \ r-'1
prior written consent of First Party, 0:lfo. CW1Ji j~'jl ,-J}il •.....•
y..ll 0.0 ~I
cause or permit the storage, use, Ji UIj! .;i ...>.lJ.l..J
OolL.c.)
Ji UJu... .;i JI..-:i......IJi
handling, recycling, removal, or L..a c.S fti ~I.J-"'i i,.,;;fo ..)I.J-"'i i lJ-'> ~I
disposal of any hazardous or any c.S.JL;..:i!1
jS..,>JIJ .,?-l:i......J1
.J\:WI~~ ui ~
other materials which put the (~IJ 0:l?'J1 'i.JL..;..:il1 j.S..,>JI'i.,?-\:i..........J
Leased Premises, the Mall, the
~~ Ji c::Lc jJ ~ ~ .,i ,.rbLi..JI ~! ~
Other Mall Tenants and Permittees
U:!...,r:..'J1
'i.JL;..:i!1j$...rJI 'i.,?-li.......JiJ}:l1 •.....•
..;bll
at risk, or which cause discomfort or
disturbance to First Party, the Other , J.JY1 •.....•
..rbll ul.JA Ul..~,., .~ r~l,.,
Mall Tenants or Permittees. If ,wUJYI ~ ~ ' ~\,jJ1 u..r1JI ~ uj "'J
-::
L ~.l....!! o.)jL.JIA.c\..i......JI 6 1- L I'· ~I'il
approval is given by First Party, l>""'-':! _ ...>.l:l 1..5"'-. r..,)-"'
Second Party shall at all times Ji ...>.l~ Oolle),.,iUJu...,.,i rl~1 ,.,\0:!y..:il~
comply with the highest prevailing .olI."...JI
0» Ji.o (j.o ~I
industry standards governing the
storage, use, handling, recycling,
removal, or disposal of such
materials.

Mallin Line Tenant Lease 340f36

". .2 Second Party s' all i demnify and
hold First Party harmless from any
and all liability, losses, costs, and
expenses, including without
[imitation attorney and expert's fees,
arising in any manner, whether
directly or indirectly, from the
storage, use, handling, recycling,
escape, release, removal, or
isposal of any such materials in the
course of Second Party's use and
occupancy of the Leased Premises.

9. 4 LANGUAGE

~_ A>. This Lease, including the Special

Conditions and the Exhibits, has
been executed in the Arabic and
English Language, Arabic shall be
the controlling language and text as
between the parties.

• .2 The parties agree that in the event

at a dispute between the parties
s all be submitted to arbitration as
r-ovided herein, either party may
eiy on the English text to establish
. e intention of the parties in respect
o any ambiguity in the Arabic text
and, that expert witnesses in any
sch proceeding may provide
evidence in English

WfTNESS WHEREOF, this Lease is i.J.Uicll.w l. ..J-~.J.

,1. A...I9 - -, ~.li:i 1.4ll:i~1
i..lia.llI~ I..~.J-lf*l •• J
ted and shall be fully binding effective as ."~\ .J..,s~\ .J~'!\ i9c. 6!.Ju <.J.4
;:;:. e Date of Lease mentioned above.

350f36
 : .illW\ .J ~Ul\
L..I"U"I,uLORDAND OWNER:
o.),l.l)llcr-" I~.:.
.r-'I~~ •
OZAMA MANAGEMENT COMPANY

(Seal)

:.F."~\
TENANT:
o.l".n..J1&j~1 " tl~1 ~~
Retail & Distribution Company Ltd

----------~~:~
(Seal) (~I)

Lease 360f36