Exhibit 10.1 (am)
THIS IS A LEASE AGREEMENT (hereinafter “Lease”) made by and between Landlord and Tenant
upon the following terms and conditions:
1. DEFINITIONS. When used in this Lease, unless otherwise required by the context:
(a) “Base Rental” shall have the meaning set forth in paragraph 4.
(b) “Commencement Date” shall have the meaning set forth in paragraph 3.
(c) “Common Maintenance Area” shall have the meaning set forth in paragraph 18.
(d) “Expiration Date” shall have the meaning set forth in paragraph 3.
(e) “ Hazardous Material ” means any hazardous or toxic substance, material or waste, including
petroleum products and including, but not limited to, those substances, materials, and wastes listed in the United
States Department of Transportation hazardous materials Table (49 CFR 172.101) or by the Environmental
Protection Agency as hazardous substances (40 CFR Part 302) or amendments thereto, and such substances,
materials and wastes that are or become regulated under any applicable local, state or federal law.
(f) “Initial Term” shall have the meaning set forth in paragraph 3.
(g) “ Landlord ” means Airport Road Developers, L.C., an Iowa limited liability company, whose
mailing address for purposes of this Lease is P.O. Box 1652, Ames, Iowa 50010.
(h) “ Lease ” means this instrument in its entirety as signed by the parties and any subsequent
(i) “ Leased Area ” means the real property (together with all easements and servient estates
appurtenant thereto) situated in Story County, Iowa, consisting of 67,500 square feet located in the commercial
building located at 300 Airport Road, Ames, Iowa 50010, as shown on Exhibit “A” attached hereto and by this
reference made a part thereof.
(j) “ Rental Yea