COMMERCIAL LEASE AGREEMENT
WITH OPTION TO RENEW
AND RIGHT OF FIRST REFUSAL
THIS COMMERCIAL LEASE AGREEMENT WITH OPTION TO RENEW AND RIGHT OF FIRST REFUSAL (this “Lease”)
is entered into on the 28th day of June, 2000, and is effective July 1, 2000, by and between Brewer Investments II, LC , a limited
liability company organized under and by virtue of the laws of the State of Arkansas, (hereinafter referred to as “Lessor”), and
Edgewater Technology, Inc., a Delaware corporation, (hereinafter referred to as “Lessee”), wherein the following mutual
covenants and understandings are made and entered into upon the following terms and conditions:
SUBJECT OF LEASE
Lessor hereby lets and leases unto Lessee, and Lessee accepts from Lessor, subject to the terms and conditions contained
herein, the property and improvements located at 302 East Millsap, along with the adjacent parking lot, Fayetteville,
Washington County, Arkansas (hereinafter referred to as the “Premises”).
The Premises are hereby leased to Lessee for an initial period of 9 years, commencing at 12:01 a.m. on the 1st day of July,
2000, and ending at 12:01 a.m. on the 30 day of, June 2000, (hereinafter referred to as the “Lease Term”).
The monthly rental payment for the Lease Term shall be payable as set forth below in advance on the 1st day of each
month, with the first payment being due on or before the date of the signing of this Lease, with the first month’s rent being
prorated as of the date the Lease is signed. The Lessee agrees to pay to Lessor as monthly rental the following amounts for the
following portions of the Lease Term:
1. Years 1 – 4 : July 1, 2000 through June 30, 2005 the sum of $18,580.00 per month ($13.58/sq. ft.); and
2. Years 5 – 9 : July 1, 2005 through June 30, 2009 the sum of $20,500.00 per month ($15.00/sq. ft.).