EXHIBIT
10.30
SUBLEASE
1.
PARTIES.
This Sublease is made
this 8 th day of December, 2008, by and between TSO
Armor and Training, Inc., (“Sublessee”) and Tactical
Solution Partners, Inc. (now known as Brekford International
Corp.), with a principal place of business at 7020 Dorsey Road,
Building C, Hanover, Maryland 21076
(“Sublessor”).
2.
MASTER
LEASE.
Sublessor is the lessee
under a written lease dated February 13, 2006 and Amendment
dated March 19, 2008, between Greenbrier Point Partners, L.P.,
1206 Laskin Road, Suite 150, Virginia Beach, Virginia 23451
(“Master Lessor”). Master Lessor leased to Sublessor
the real property located in the city of Chesapeake, Virginia,
described as the premises known as One Greenbrier Point at 1403
Greenbrier Parkway, Suite 430, in Chesapeake, Virginia
(“Master Premises”). Said lease and amendment are
herein collectively referred to as the “Master Lease”
and are attached hereto as Exhibit “A”
3.
PREMISES.
Sublessor hereby
subleases to Sublessee on the terms and conditions set forth in
this Sublease, the Master Premises (“Premises”)
consisting of 1,926 rentable square feet, premises presently
occupied and leased by Sublessor from the Master Lessor of said
Master Lease.
4.
WARRANTY BY
SUBLESSOR.
Sublessor warrants and
represents to Sublessee that the Master Lease has not been amended
or modified except as expressly set forth herein, that Sublessor is
not now, and as of the commencement of the Term hereof will not be
in default or breach of any of the provisions of the Master Lease,
and that Sublessor has no knowledge of any claim by Lessor that
Sublessor is in default or breach of any of the provisions of the
Master Lease.
5.
TERM.
The Term of this
Sublease and Sublessee’s obligation to pay rent shall
commence on December 1, 2008 (hereinafter referred to as
“Commencement Date”), provided the written approval of
Master Lessor has been obtained and delivered, and end on
March 31, 2011 (“Termination Date”), unless
otherwise modified or terminated as provided herein.
6.
RENT.
Minimum Rent. Commencing
on the Commencement Date, Sublessee agrees to pay minimum monthly
rental for the Premises in the amounts set forth below. The minimum
monthly rental is to be paid in advance on the first day of each
month without notice, demand, deduction, diminution, or set-off to
Master Lessor.
For the period from
December 1, 2008, through March 31, 2009, the rental due
shall be Three Thousand Ninety-one and 16/100 Dollars ($3,091.16)
per month; and
For the period from
April 1, 2009, through March 31, 2010, the rental due
shall be Three Thousand Two Hundred Nineteen and 62/100 Dollars
($3,219.62) per month; and,
For the period from
April 1, 2010 through March 31, 2011, the rental due
shall be Three Thousand Three hundred Fifty-three and 22/100
Dollars ($3,353.22) per month.
7.
USE OF
PREMISES
The Premises shall be
used and occupied exclusively by Sublessee in accordance with
Master Lease terms and Conditions.
8.
ASSIGNMENT AND
SUBLETTING.
Sublessee shall not
assign this Sublease or further sublet all or any part of the
Premises without the prior written consent of Sublessor and Master
Lessor.
