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[NAME OF TENANT] <br /> SUBLEASE <br /> THIS SUBLEASE,made this day of , 1997, by and between the City <br /> of Elk River Economic Development Authority, a (hereinafter called <br /> "Sublessor"), and , a <br /> (hereinafter called "Sublessee"); <br /> WITNESSETH, THAT: <br /> WHEREAS, Sublessor has leased certain space in an office/industrial complex known as <br /> and located at in the City of Elk River, for <br /> the purpose of supporting the development and growth of high technology companies in the City <br /> of Elk River. Such space being leased by Sublessor shall be referred to herein as the "Elk River <br /> Business Incubator." <br /> WHEREAS, Sublessor is leasing the Elk River Business Incubator pursuant to the terms <br /> and conditions of that certain lease (hereinafter called "Prime Lease") dated <br /> 1997, between Larry Hickman (hereinafter called "Landlord"), as landlord, and Sublessor, as <br /> lessee, a true and correct copy of which is attached hereto as Exhibit A and made a part hereof. <br /> • WHEREAS, Sublessee desires to lease the space in the Elk River Business Incubator <br /> designated on Exhibit B attached hereto and made a part hereof (hereinafter called the <br /> "Subleased Premises") and Sublessor desires to sublease the Subleased Premises to Sublessee. <br /> NOW, THEREFORE, in consideration of the rents to be paid and the covenants to be <br /> performed by the Sublessee as hereinafter set forth, Sublessor does hereby demise and sublease <br /> the Subleased Premises to the Sublessee, and Sublessee does hereby hire and take the Subleased <br /> Premises from Sublessor upon the terms and conditions hereinafter set forth. <br /> (1) Assumption of Obligations. Except as may be herein otherwise specifically <br /> provided, Sublessee shall have all the rights and privileges and assume and agree to keep, obey <br /> and perform all of the obligations, restrictions and conditions, agreements and covenants of the <br /> Sublessor as lessee under the Prime Lease as fully and to the same extent as if the provisions of <br /> the Prime Lease were set forth herein. <br /> Sublessee hereby accepts the demise and Sublease of the Subleased Premises expressly <br /> subject to all of the terms, covenants and conditions set forth in the Prime Lease, and agrees to <br /> comply with all of the terms, covenants and provisions thereof. Any failure by Sublessee to <br /> perform such duties, liabilities and obligations under the Prime Lease shall also be a default <br /> under this Sublease. <br /> (2) Rent and Other Charges. In consideration of the aforesaid subleasing, Sublessee <br /> eda/doc/bilease2 1 <br />