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tEPARED BY AND RECORDING QUESTED BY AND HEN RECORDED RETURN TO: v VICTORIA PEZZINI, ESQ. IE TJX COMPANIES, INC. - ) COCHITUATE ROAD AMINGHAM, MA 01701 Memorallum. MEMORANDUM OF LEASE c._ w (1) the sixtieth (60th) day after the completion of Landlord's Construction Work (defined in the Lease), receipt by Tenant of notice of such completion from Landlord and receipt by Tenant of permits for its work in the Demised Premises; and P1 THIS MEMORANDUM OF LEASE, made and entered into as of this Otai day of .1.11 , 2017, by and between KM GRAND ISLAND JOINT VENTURE, LLC, a Missouri limited liability company (the "Landlord "), and HOMEGOODS, INC., a Delaware corporation (the "Tenant "), provides: 1. Lease. The provisions set forth in a written lease between the parties hereto dated (the "Lease ") are hereby incorporated by reference in this 2. Demised Premises. The Demised Premises are more particularly described as follows: The Demised Premises consist of a portion of a one -story building, to be renovated by Landlord as provided in the Lease, and contain approximately eighteen thousand four hundred sixty -six (18,466) square feet of ground floor area having a frontage of a minimum of one hundred fifteen feet (155') and width a minimum of one hundred twenty feet (120') and such other dimensions as shown upon the plan attached hereto (the "Lease Plan "), 3. Term and Option to Extend Term. The original term of the Lease shall be the period of ten (10) years and a fraction of month commencing on the Commencement Date (as described below) and terminating on the last day of the month during which the tenth (10th) anniversary of the Commencement Date shall occur, except, however, that if the Commencement Date shall be a first day of a calendar month then the original term of this lease shall be the period of ten (10) years commencing on the Commencement Date and terminating on the day preceding the tenth (10th) anniversary thereof. Tenant shall have the right, at its election, to extend the term of the Lease for four (4) extension periods of five (5) years each, each commencing upon the expiration of the original term, or the original term as thus previously extended. In addition, Tenant shall have the right, at its election, to extend the original term, or the original term as it may have been previously extended as aforesaid, for an extension period of a fraction of a year ending upon the January 31st next following the expiration of the original term, or the original term as previously extended, as the case may be. Such extensions shall be granted upon the terms and conditions set forth in the Lease. 4. Commencement Date. The "Commencement Date" shall be the first Opening Day (defined below) after the later to occur of the following dates: (2) the sixtieth (60 day after a store operating under the trade name "Fresh Thyme" having approximately 29,600 square feet of floor area ( "Fresh Thyme "), shall be open for business to customers in the Shopping Center (the "Inducement Tenant "); and (3) the sixtieth (60`h) day after Landlord shall have delivered to Tenant all of the fully executed and acknowledged instruments referred to in Paragraph 8 of Schedule B to the Lease; and g\legal \pezzini\homegoods\ne \grand island \park island square \memo of lease \memo of lease.docx 1