Circuit City 2009 Annual Report Download - page 104

EXHIBIT “C”
LANDLORD’S WORK
LANDLORD’S WORK FOR ADDITIONAL RETAIL PREMISES
The Tenant acknowledges that it accepts the Additional Retail Premises in an “as is” condition and that all alterations, renovations, decorations
or other work required in connection with the Additional Retail Premises will be performed by the Tenant, at its sole cost and expense, and in
accordance with Exhibit “C”.
Notwithstanding the immediately preceding
paragraph, and subject to obtaining requisite approvals from the appropriate governmental
authorities, Landlord agrees to (i) construct a loading area with a hydraulic lift adjacent to the west wall of the Additional Retail Premises, and
(ii) install entry doors and entry façade on the southern wall of the Additional Retail Premises (including the installation of overhead security
doors and bollards consistent with the overhead security doors and bollards currently installed in the Original Retail Premises), all as more
particularly shown on the plans and specifications listed on or attached to Exhibit “C-1”
The Landlord’s Work below has been described solely for the purpose of determining and outlining the extent of the Landlord’s repair and
restoration obligations under Section 22 of the Lease in case of damage and destruction.
1. Washroom:
Washrooms to code (fan, light, ceiling and accessories to be supplied and installed by the Landlord).
2. Electrical:
150 amp., 3 phase, 4 wire electrical service at 120/208 V. Location to be determined by the Landlord. The Landlord will also provide 2 foot by 4
foot lay in fixtures based on one fixture per 80 square feet of area and install receptacles per code. The tenant shall provide all other electrical
work including, but not limited to, additional lighting, outlets and wiring required.
3. Heating and Air Conditioning Equipment:
One (1) ton of cooling capacity per 300 square feet of area will be supplied and installed on the roof of the Leased Premises. All duct work and
other work required to hook up the system to be completed by the Landlord based on an open retail unit (i.e. no partition walls, bulkheads, etc.).
The Tenant is required to make its own inquiries regarding the adequacy of the HVAC capacity provided by the Landlord above. The Tenant
will be responsible for the costs of any additional HVAC equipment and distribution in which it requires.
4. Walls:
Unpainted plasterboard on interior face of demising walls, finished to a maximum height of ten (10) feet, ready for paint. Masonry fire walls
(Landlord’s obligation will be to a maximum 1-hour rating) and exterior walls will be concrete block with flush joints ready for paint.
5. Floor:
Concrete floor with a smooth finish.
6. Storefront:
Landlord’s standard storefront.
7. Ceiling:
Standard 2 foot by 4 foot T-Bar ceiling with acoustical tile
8. Sprinklers:
If required by code, the Landlord will provide a complete sprinkler system within the unit based on open area. (i.e. no partition walls, bulkheads,
etc.). The tenant will be responsible for any alterations to the system to maintain proper coverage as per code due to the construction or
installation of any obstruction such as walls, bulkheads, shelving, etc.
9. General:
If the Tenant requests a credit in lieu of any work which the Landlord was to have provided, the credit shall, at the option of the Landlord, be
determined either (a) by an estimate by the Landlord as to the amount of the credit, or (b) to equal the amount offered by the Landlord’s
contractor as a credit to delete the work from its contract, in each case, less fifteen percent (15%) which the Landlord shall retain for co-
ordination charges.
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