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200702101 1. The recitals set forth above are incorporated herein by this reference. 2. Lessor acknowledges that Toukan Management, L.L.C. now holds the interest as Lessee under the Original Lease Agreement as amended by the 1996 Amendment by virtue of a succession of interest as described in the recitals above. 3. Lessee acknowledges that Cindy Braddy now holds the interest as Lessor under the Original Lease Agreement as amended by the 1996 Amendment by virtue of a succession of interest as described in the recitals above. 4. Lessor and Lessee each acknowledge that the lease term of the Original Lease Agreement was for a period of twenty (20) years commencing June 1, 1977 and terminating May 31, 1997, subject to Lessee's right to renew the lease term for one (1) additional term of five (5) years. 5. Lessor acknowledges that Lessee by way of the execution of the 1996 Amendment effectively exercised Lessee's right to renew the Original Lease Agreement for a five (5) year period commencing June 1, 1997 to May 31, 2002 and wherein Lessee was granted the option to renew the lease for four (4) additional terms of five (5) years each. 6. Lessor acknowledges that Lessee by way of the execution of a certain Notice of Exercise of Right to Renew dated November 27,2001 effectively exercised Lessee's right to renew the Original Lease Agreement as amended by the 1996 Amendment for an additional term of five (5) years commencing June 1,2002 to May 31, 2007. 7. Paragraph two of Article 2.1 of the Original Lease Agreement as amended by the 1996 Amendment is hereby amended and shall hereafter read as follows: "This Lease shall automatically renew for six (6) additional, separate and successive terms of five (5) years each, i.e. (a) June 1,2007 -May 31, 2012; (b) June 1,2012 - May 31, 2017; (c) June 1,2017 - May 31, 2022; (d) June 1,2002- May 31, 2027; (e) June 1,2027~May31,2032,and(f) June 1,2032-May31, 2037 upon the same terms and conditions as contained in the Original Lease Agreement as amended by the 1996 Amendment and as further amended hereby and for each renewal term unless Lessee delivers written notice to Lessor at least 180 days prior to the expiration of the previous renewal term(s) of Lessee's desire not to renew this Lease. In the event Lessee delivers written notice to Lessor of Lessee's desire not to renew this lease at least 180 days prior to the expiration of the previous renewal term(s), the lease shall terminate effective as of May 31st of the last year ofthe five (5) year term wherein said written notice is timely delivered by Lessee to Lessor. Said notice shall be made pursuant to Article XIX of the Original Lease Agreement as amended by the 1996 Amendment and as further amended herein." 8. Article III - RENT of the Original Lease Agreement as amended by the 1996 Amendment is hereby amended in its entirety and said Article III shall hereafter read as follows: 2