This lease made this 9th day of April, 2009.
Elk Property Management Limited, as agent for
PBX Properties Ltd. and 350 Palladium Drive Inc. and 856581 Alberta Ltd .
(Hereinafter called the” Landlord”)
OF THE FIRST PART,
ZixCorp Canada Inc. and Zix Corporation.
(Hereinafter called the “Tenant”)
OF THE SECOND PART,
1. WITNESSETH that in consideration of the Tenant paying the rents and any other amounts
provided for herein and in consideration of the Tenant meeting all its other obligations as provided
for herein, the Landlord does demise herein and lease unto the Tenant the premises as described
herein. These premises shall be hereinafter called either the “Leased Premises” or the “Premises”
and has been measured to have a rentable area of 6,080 square feet, as shown on the attached
Schedule B, and located on the second floor of the building bearing the civic address of 350
Palladium Drive in the City of Ottawa, Province of Ontario which said building and lands are legally
described and shown in Schedule “A” hereto annexed. The building, including the Leased
Premises and lands, including all driveways, parking areas and access and egress points shall be
hereafter referred to as the Building or building. The rentable area of the Leased Premises, for the
purposes of calculating any and all rent as provided for herein, shall include a share of the common
areas of the Building.
2(a) The Tenant shall lease the Leased Premises for and during the term, (hereinafter called “the
Term”) starting from the 1 st day of July 2009 (the “Commencement Date”) and to be completed and
ended on the 31st day of July, 2012.
EARLY OCCUPANCY — (INTENTIONALLY DELETED)
3(a) The Tenant covenants and agrees to pay to the Landlord as rental for the Leased Premises,
without any set-off or deduction whatsoever for the full term of the lease the following:
A. This document and all schedules shall hereafter be referred to as