LEASE AGREEMENT



          THIS LEASE AGREEMENT, is made and entered into on the date or dates

set forth below, by and between AMERITECH, with offices located at 722 N.

Broadway, Milwaukee, Wisconsin ("LESSOR"), and M&I Data Services, Inc. a

Wisconsin corporation ("LESSEE").



                             W I T N E S S E T H:



          IN CONSIDERATION of the mutual promises and covenants contained in

this Agreement, the parties agree as follows:



1. PREMISES. LESSOR leases to LESSEE and LESSEE rents from LESSOR, upon the

   --------

following terms and conditions, the space outlined in red on the miniature floor

plan attached as Exhibit A and made a part of this Agreement, this area to

contain 30,740 square feet ("Premises"), in LESSOR's building located at 7737

South Howell Avenue, Oak Creek, State of Wisconsin ("Building").



          LESSEE understands that the above square footage is only an estimate.

LESSEE agrees to allow LESSOR or LESSOR's agents access to the Premises at any

reasonable time within the first ninety (90) days after LESSEE first occupies

the Premises, for the purpose of taking actual measurements and verifying the

square footage. All measurements shall be jointly taken by LESSOR & LESSEE and

shall be taken in accord with Building Owners Management Association (B.O.M.A.)

standards. When the correct square footage has been ascertained, any rent which

has already been paid under this Agreement is subject to adjustment, resulting

in either a refund to LESSEE or an additional payment to LESSOR.



          2. PURPOSE. LESSEE shall use the Premises for only the following

             -------

purpose: Data Center and general offices.



          3. LEASE TERM. The term of this Lease shall be for a period of (5)

             ----------

five years and (4) four months commencing on the 1st day of September, 1994, and

ending on the 30th day of December 1999, unless sooner terminated in accord with

this Agreement.



          3A. OPTION TO CANCEL. LESSEE shall have the right to cancel this

              ----------------

Agreement at any time prior to June 1, 1994 upon at least (30) thirty days

written notice to LESSOR of LESSEE's intent to cancel this Lease. Upon execution

of this Agreement, LESSEE shall deposit with LESSOR, the sum of $5,000 as an

option fee, which shall not be refundable if this option is exercised. In the

event this option is not exercised, said option fee shall be a credit against

the rent payments owing under the Lease Agreement.



          3B. COMMENCEMENT OF LEASE. LESSEE shall provide LESSOR with at least

              ---------------------

(90) ninety days written notice of LESSEE's intent to commence the term of this

Lease Agreement. Such notice shall be given at any time, prior to June 1, 1994,

but in no event shall such notice extend beyond June 1, 1994. If LESSEE elects

to commence the term of this Lease prior to June 1, 1994, the termination date

of this Lease will be changed to reflect the earlier commencement date.

Notwithstanding the foregoing, the primary term of this Lease will be for a

period of 5 years and 4 months. Provided that LESSEE has provided notice of its

intent to commence the term of this Lease, then LESSEE shall be permitted access

to the Premises on and after March 11, 1994, for the purpose of installing its

equipment and constructing its tenant improvements. Such access during

construction shall be rent free.

Home        Intelligence        Services        Subscriptions        News        About Us

Contact Us       Terms of Use       Resend Documents       Shopping Cart

Copyright © 2008 The Consus Group LLC