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KITTITAS COUNTY A1RPORT <br />2) "Paragraph #2 -Rent" -Rental Rates for 10/01/18 thru 9/30/23 Term . <br />Lot C-24 -.27 Acres -11,900 sq. feet <br />Previous Rate Rental Rate <br />Term Per Year ($.066 per ($.067 per Sq Ft) <br />Sq Ft) Not Including <br />Leasehold Tax* <br />$785 .57 <br />10/01/18 -09/30/19 $795 .14 <br />10/01/19 -09/30/20 $795 .14 <br />10/01 /20 -09/30/21 $795 .14 <br />1 0/01 /21 -09/30/22 $795 .14 <br />10/01 /22 -09/30/23 $795 .14 <br />10/01/23 Reneqotiate <br />*The current Leasehold Excise Tax Rate is 12 .84%, as determined by the State of Washington and is subject to change. <br />3) "Paragraph #27 -Modification or Termination -will read as follows: <br />Lessee and Lessor agree that Lessor may, at Lessor's sole discretion, modify the <br />terms of this lease in whole or in part, including but not limited to any term or condition <br />of this lease, including cancelling the unexpired portion of this lease and re-letting the <br />property to another tenant, in the event that any regulation governing airports or county <br />property is amended in a way that impacts the Lessor's ability to lease, use, control, <br />protect, or maintain the Property . For the purposes of this section, "regulation" is <br />defined to include, but is not limited to: case law interpreting any rule or regulation; any <br />federal rules and regulations, including Federal Aviation Administration rules and <br />regulations; state rules and regulations ; and local rules, regulations and ordinances. <br />In the event that Lessor shall elect to modify or terminate this lease, Lessor shall do so <br />only upon one hundred twenty (120) days written notice, notifying Lessee, at Lessee's <br />address of record, that the lease to which this applied is being so modified or <br />terminated. <br />Upon receipt of such notification, and in the event the notification specified modification <br />of the lease short of termination , Lessee shall have sixty (60) days in which to notify <br />Kittitas County of Lessee's intention to continue the lease as modified or of Lessee's <br />intention to treat the lease as terminated. <br />In the event that Lessee elects to treat the lease as terminated , all rents shall be pro- <br />rated to the date Lessee shall have restored the premises to the Lessor in accordance <br />with the terms of the lease agreement governing Lessee's duties to restore the <br />premises to Lessor upon expiration of the lease term. <br />It is further agreed that neither such modification or termination of this lease nor any <br />subsequent re-letting of the premises, in whole or in part, shall give rise to any cause <br />of action for damages or any other form of relief by Lessee against Lessor or any <br />successor lessee. <br />MUict --Millor RHfriuernu.-_, l <br />Lc.1se Addcnduni