SPRINGHURST GROUND LEASE
THIS GROUND LEASE, dated this 17th day of January, 2008, is between The Jaytee Properties Limited
Partnership, a Kentucky limited partnership, hereinafter referred to as “Landlord” and Republic Bank & Trust
Company, a Kentucky corporation, hereinafter referred to as the “Tenant”. As parties hereto, Landlord and
Tenant agree as follows:
A. Landlord is the owner in fee simple of the land described in this Lease.
B. Landlord desires to lease said land to Tenant, and Tenant desires to lease said land from Landlord,
pursuant to the terms, covenants and conditions set forth herein.
NOW, THEREFORE, in consideration of the mutual covenants and promises contained herein, and for other
good and valuable consideration, the receipt and sufficiency of which are acknowledged, Landlord and Tenant
covenant and agree as follows:
TERMS AND CONDITIONS
SECTION 1. Definitions. As used in this Lease, the following terms and phrases shall have the following
(a) “Commencement Date” shall be January 17, 2008.
(b) “Demised Premises” shall mean all that certain tract of land, consisting of approximately
2.0 acres, located at 9600 Brownsboro Road, Louisville, KY, as more particularly described on EXHIBIT A
attached hereto and made a part hereof, together with any and all improvements, appurtenances, rights, privileges
and easements benefiting, belonging or pertaining thereto, and any right, title and interest of Landlord in and to
any land lying in the bed of any street, road or highway (open or proposed) to the center line thereof, in front of
or adjoining said tract of land.
(c) “Hazardous Substances” shall mean any and all hazardous substances, toxic materials,
pollutants, contaminants, hazardous or toxic wastes as defined in any fed