SUB-LEASE Office Unit Nos 7, 7a & 7b Part of Stack L, Custom House Dock, Dublin 1

PAGE
NOS

SECTION 1.00 - COMMENCEMENT

1.01

Date

1

1.02

Parties

1

1.03

Testatum

1

1 04

Definitions

1 - 8

1.05

Interpretation

8 - 9

1.06

Captions

9

SECTION 2.00 - DEMISE, RENT, COVENANTS, etc.

2.01

Demise, Rent and Covenants

9

2.02

Certificate

10

2 03

Finance Act Certificate

10

THE FIRST SCHEDULE

Part 1

- The Landlord’s Building

11

Part 2

- The Demised Premises

11

Part 3

- Stack L

12

Part 4

- The Term and the Rent

12

Part 5

- The Offices Portion of the Landlord’s Building

12

Part 6

- The Dublin Exchange Facility

12

THE SECOND SCHEDULE

Part 1

- Rights Granted to the Tenant

1.

Right to pass and repass over the Public Areas

13

2.

Right to pass through Common Parts

13

3.

Right to passage of Utilities

13 - 14

4.

Right of support

14

5.

Right of escape in event of fire

14

Part 2

- Rights Excepted and Reserved to the Landlord, the Superior Landlord and others

1.

Right to passage of Utilities

14

2.

Right of support

14

3.

Right to enter

14

4.

Right to rebuild adjoining buildings

15

5.

Right to close temporarily the Public Areas

15

6.

Right to make rules and regulations

15

THE THIRD SCHEDULE - Covenants by the Tenant

1.00

Payments by the Tenant

1 01

To pay Rent

16

1.02

To pay legal and other charges

16

1.03

To pay stamp duty

16 - 17

1.04

To pay V.A.T.

17

1.05

To pay for telecommunications lines and services

17

1.06

To pay interest

17

1.07

To pay costs of abating a nuisance

17

1.08

To pay costs of licences and certificates

17

2.00

Repair and Maintenance

2.01

To keep clean, tidy and repair the Demised Premises

18

2.02

To clean windows and doors

18

2.03

To install curtains and blinds

18

2.04

Not to substitute blinds etc, or display any unsightly object on the Demised Premises

18

2.05

Paint inside

18 - 19

2.06

To do work as directed by a Statutory Authority

19

2.07

To comply with statutory notices

19

2.08

To permit the Landlord and the Superior Landlord to enter to view

19

2.09

To permit the Landlord and others to exercise rights

19 - 20

2.10

To protect the Conducting Media

20

2.11

Not to damage the Demised Premises or the Development Area

20

3.00

Use of the Demised Premises

3.01

User

20

3.02

Not to overload

21

3.03

Not to suspend objects from the ceiling

21

3.04

Not to permit nuisance or annoyance

21

3.05

Not to instal machinery

21

3.06

Not to allow easements to be acquired

21

3.07

Not to obstruct the Conducting Media

22

3.08

Not to obstruct any windows or other lights

22

3.09

Not to leave impediments in the Public Areas

22

3.10

Not to display advertisements and signs

22

3.11

Not to allow loud music

22

3.12

Not to hold “fire sale” or “bankruptcy sale”

22

3.13

Not to sell Intoxicating Liquor

23

3.14

Not to place or deposit outside any vehicle or article

23

3.15

Not to hold sales by auction

23

3.16

Not to allow infestation

23

3.17

Nuisance use restriction

23

3.18

Safety use restriction

23

3.19

Storage use restriction

24

3.20

To comply with all statutory requirements

24

3.21

To comply with regulations

24

3.22

Reletting sign

24

3.23

Additions and alterations

25

3.24

Not to make any claim or objection

25

3.25

Planning Acts

25 - 26

3.26

To comply with Local Authority requirements

26

3.27

Fire requirements

26

3.28

Not to use the Public Areas unless Formally Opened

26

4.00

Alienation

4.01

No assignment or underletting of the Demised Premises or any part thereof without consent

26

4.02

Alienation conditions

26 - 27

4.03

Application for consent to alienate

27 - 28

4.04

To register assignments

28

4.05

To notify of assignments

29

5.00

Insurance

5.01

Not to avoid insurance

29 - 30

6.00

Miscellaneous

6.01

Accidents on the Demised Premises

30

6.02

To yield up

30

6.03

Not to vitiate Insurance

30

6.04

Notice

30

6.05

Indemnity

30 - 31

6.06

Landlord’s agent

31

6.07

Keyholders

31

6.08

Blinds

32

6.09

Covenants in Superior Lease

32

THE FOURTH SCHEDULE - Covenants by the Landlord

1.

To insure

32

2.

Damage to the Demised Premises by Insured Risks

32 - 33

3.

Covenants in the Superior Lease

33

4.

Services

33

5.

The Museum Rent

34

6.

The Public Area Service Charge

34

THE FIFTH SCHEDULE - Provisos, Matters and Things Agreed and Declared by and Between the Parties

1.

Forfeiture

34

2.

Arbitration

34 - 35

3.

Consents of Landlord to be in writing

35

4.

Planning permission, etc.

35

5.

Covenants relating to other property

35

6.

Payments to be treated as Rent

35

7.

Break Option

35 - 36

8.

Notice

36

9.

Boundary walls and columns

36

10.

Rights in respect of adjoining land

36

11.

Waiver

36 - 37

12.

Restrictions on adjoining land

37

13.

Right of entry to remedy breaches of covenant

37

14.

Entitlement to alter or vary or extend the Public Areas

37

15.

Removal of property after determination of the Term

37 - 38

16.

Section 40 Deasy’s Act, 1860

38

17.

Suspension of Rent

38

18.

Jurisdiction

38 - 39

THE SIXTH SCHEDULE

Part 1

- The Landlord’s Offices Services

39 - 41

Part 2

- Services Ascertainment and Payment

41 - 43

THE SEVENTH SCHEDULE - Rent Review

43

Landlord & Tenant Act - Renunciation

47

1.01                            Date