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2O 4 x,1 3. Tenant has four (4) successive options, each of which entitles Tenant at its election to extend the then current Term for an additional period of five (5) years per Option Term, subject to all of the provisions of the Lease. 4. Tenant has the exclusive right in the Shopping Center to operate as a general tool and tool accessories merchandise retailer. 5. Landlord agrees and covenants to Tenant that, following the date of this Lease, it shall not enter into any leases or other occupancy agreements, or, to the extent that it has consent rights, approve a change of use, sublease or assignment of any space in the Shopping Center to any tenant, subtenant, assignee or other entity who will use any space in the Shopping Center with a storefront entrance facing Highway 281 and whose storefront is located within one hundred fifty feet (150') of the storefront of the Premises for any one (1) or more of the following uses: (i) a training or education facility (including, but not limited to, a beauty school, barber college, reading room, or other place of instruction catering primarily to students rather than to customers), or (ii) a car wash, gas station, automobile repair shop, or any business servicing motor vehicles, or (iii) a health spa, gym, exercise facility or other similar business, or (iv) a sit down restaurant (primarily serving meals for onsite consumption), or (v) a place of religious worship, or (vi) a movie theater, or (vii) a grocery store or supermarket. Notwithstanding anything herein to the contrary, Landlord may lease the existing YMCA space consisting of approximately 8,628 square feet to another fitness user, provided that the primary entrance to such fitness user's premises shall be on the North elevation thereof, whereby the entrance on the West elevation shall be for emergency use only. Further, Landlord may expand the current YMCA space for a fitness user provided that (a) the expansion of the YMCA space is to the East in the Shopping Center, and (b) the primary entrance to such fitness user's premises shall be on the North elevation thereof, whereby the entrance on the West elevation shall be for emergency use only. Notwithstanding the foregoing, the restrictions set forth in this Paragraph 14.2 shall not prohibit a tenant (its successors, assigns and subtenants) under a lease existing on the date of this Lease (and any renewals or extensions thereof) from using space occupied by it for any use permitted under such tenant's lease as of the date hereof; provided, however, if any such tenant's lease requires Landlord's consent before such tenant may change its use in violation of this Paragraph 14.2, Landlord agrees to withhold such consent. 6. Landlord and Tenant further acknowledge and affirm that this Memorandum of Lease is not a complete summary of the Lease. Accordingly, Landlord and Tenant hereby agree that this Memorandum of Lease shall not be used in interpreting the Lease provisions and that, in the event of conflict between this Memorandum of Lease and the Lease, the Lease shall control. REMAINDER OF PAGE INTENTIONALLY LEFT BLANK SIGNATURES APPEAR ON FOLLOWING PAGES Grand Island, NE 2