Okaloosa County BOCC — April 5, 2016 — ARC SubLease revised 03212016

Commercial Sublease Agreement This agreement is made for the sublease of a location to place an ice machine on The Boardwalk on Okaloosa Island between Surfside Venture, Inc. (Tenant) and ARC of the Emerald Coast (Subtenant), made on this _____ day of _________________, 2016. 1. Premises. The subleased premise is located at The Boardwalk of Okaloosa Island and is referred to as the “island area” in the parking lot. 2. Use and Benefit. The subleased premise is to be used only for the placement of an Ice Machine to be used by the general public with 100% of the proceeds to benefit the ARC of the Emerald Coast. All use of the premise must conform and be subject to the terms of the Master Lease between Okaloosa County and Surfside Ventures, Inc. 3. Signage. All signage is to be approved by Surfside Ventures and shall be in compliance with all applicable sign requirements. Subtenant may place signage at its own cost and expense including any costs associated therewith such as permit or license fees. All signs must comply with all applicable governmental requirements. All signs shall be maintained in good condition and repaired as necessary or upon the reasonable request of Tenant. Subtenant shall be liable for any damage caused to the Premises by the installation or removal of Subtenant’s signage. 4. Initial Placement and Termination. The Ice Machine shall be placed on the premises as soon as practicable after the execution of this Sublease. The term of this Sublease is perpetual. Either party may terminate this Sublease upon ninety (90) days written notice to the other party. 5. Rent and Security Deposit. Subtenant will pay $0.00 to the Tenant for the term of this Sublease and there will be no security deposit. 6. Subtenant Obligations. Subtenant will remove all receipts from the machine and agrees to clean and maintain the Ice machine every other day. In addition, Subtenant shall be responsible for cleaning the area around the machine and to walk to the perimeter of the North parking lot to secure any debris or trash which may have blown astray when removing said receipts and cleaning and maintaining the machine. Subtenant covenants to use the Premises for the use described herein, subject to and in accordance with the Tenant’s master lease and all applicable zoning and other governmental regulations. At its own expense, Subtenant shall maintain the Premises in good repair and condition, excepting damages by causes reasonably beyond Subtenant’s control and ordinary wear and tear. Upon written notice, Subtenant shall have a 7 day cure period to take corrective action for any repair and maintenance issue. If action is not taken within such time period, Tenant may in its sole discretion arrange for such corrective action to be taken and the costs of such plus 20% shall be borne solely by Subtenant. 7. Notice. Notice under this Sublease shall not be deemed valid unless in writing and mailed, postage prepaid, addressed to the parties at the following addressees, unless such addressees have been updated in writing to the other party: _________ _________ Tenant Surfside Ventures Page 1 of 6 Subtenant ARC of EC  For Tenant: Surfside Ventures, Inc. For Subtenant: ARC of the Emerald Coast P.O. Box 5497 123 Truxton Avenue Destin, FL 32541 Fort Walton Beach, FL 32547 8. Utilities. Subtenant acknowledges that electricity and water is currently available at the premises. Subtenant shall be independently billed and is solely responsible for the electricity and water used for the machine and the premises on which it is placed. 9. Compliance With Environmental Laws. Subtenant hereby promises to comply with all environmental laws and to notify Tenant in writing imme