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COMMERCIAL BUILDING LEASE BUILDING LEASE (hereinafter refened to as the "Lease") is made and entered into as of 2023,by and between PAUTZKE BAIT CO., INC., a Washington corporation (hereinafter referred to as the "Landlord"), Washington (hereinafter referred to as the "Tenant''). and KITTITAS COUNTY, a political subdivision of the State of WIIEREAS, Landlord is the owner of the property described below in Section I and Landlord desires to lease said propeily to Kittitas County. NOW THEREFORE, for and in consideration of the rents reserved hereunder and the terms and conditions hereo{ the Landlord hereby rents, demises and leases to Tenang and Tenant takes and leases from Landlord, the following described Leased Premises all upon the following terms and conditions: 1. PREMISES Al{D DEI{ISE. Landlord hereby leases, rents and demises to Tenant, and Tenant hereby accepts from Landlord, subject to and with the benefit of the terms and provisions of ttris Lease, that portion of the Premises located at 201 West Seventh Avenue and203 West Seventh Avenue, Ellensburg Washinglon and legally described on Exhibit A. Tenant acknowledges that Landlord is constructing Tenant's improvements as described in Section 7.2, on the Premises by Tenant once the improvements are completg which is unknown but estimated to be on or before 2023. 2. TERMANDPOSSESSION. 2.1 Lease Commencement Date. As set forth in Section l, Landlord is constructing alterations on the building which will comprise the premises described herein, and the exact date of completion is unknown at the present time. Landlord and Tenant wish to establish the terms and conditions under which the Tenant will take possession of the premises upon completion of the improvements on the Premises and Landlord desires to ensure ttrat once the Premises are iompleted,as provided for herein, that Tenant takes possession ofthe Premises and begins paying rent and other financial obligations olthe Tenant consistent with this lease. When used in this Agreement, the term "Effective Date" (also refened to herein as the ftase Commencement Date) is the date the last party to execute this Agreement executes it as disclosed by the respective date appearing below each party's signature. This lease and all its terms are specifically enforceable by Landlord and by Tenant on and after the Effective Date. 2.2 Lease Term. The Lease Term shall conmence on the Possession Date. 2.2.1 Possession. Subject to the provisions of S ectionT .2, Landlord shall deliver to the Tenant, and the Tenant agrees to accept from the Landlord, possession of the Premises fourteen (14) days after a certificate of occupancy is issued by the City ofEllensburg or ifno certihcate ofoccupancy is required, then fourteen (14) days after the lural inspections by Landlord and Tenant are completed on the improvements as described herein (ttre "Possession Date"). Possession shall be deemed given when Landlord has delivered keys to the Premises to Tenant. 2.2.2 on the Possession Date Rent Commencement Date. Rent shall be paid pursuant to Section 3.2 below commencing 2.2.3 Lease Termination Date. Unless extended as provided herein, this Lease shall terminate at midnight (hereinafter referred to as the "Termination Date"), ten (10) years from the Possession Date. In the event Landlord elects to release the property at the expiration ofthe term ofthis Lease, then Tenant shall have flrst right to lease the property and improvements from Landlord under terms then to be negotiated. Tenant may request an early termination of tttis Leaie at anylime after the commencement of ttre 8s year of the Lease term. Tenant shall request early termination by giving the Landlord eight (S) months' written notice of the Tenant's intended early termination. 2.3 Surrender of Possession. Tenant shall promptly yield and deliver to Landlord possession of the Premises at the expiration or prior termination of this Lease. Landlord may place and maintain a "For Lease" sign in conspicuous places on the Premises for ninety (90) days prior to the expiration or prior termination of this Lease. Commercial Building Lease Page I of26