{"id":41953,"date":"2015-09-17T11:25:58","date_gmt":"2015-09-17T16:25:58","guid":{"rendered":"https:\/\/content.findlaw-admin.com\/ability-legal\/contracts\/uncategorized\/quonset-davisville-port-and-commerce-park-quonset-point-ri.html"},"modified":"2015-09-17T11:25:58","modified_gmt":"2015-09-17T16:25:58","slug":"quonset-davisville-port-and-commerce-park-quonset-point-ri","status":"publish","type":"corporate_contracts","link":"https:\/\/corporate.findlaw.com\/contracts\/land\/quonset-davisville-port-and-commerce-park-quonset-point-ri.html","title":{"rendered":"Quonset\/Davisville Port and Commerce Park (Quonset Point, RI) Lease Agreement &#8211; Rhode Island Economic Development Corp. and Electric Boat Corp."},"content":{"rendered":"<pre>\n                                 LEASE AGREEMENT\n\n         This Lease Agreement (this 'Lease') is made and entered into on the\ndate, between or among the parties and upon the terms and conditions hereinafter\nset forth.\n\n         SECTION 1. INFORMATION\n\n         1.1      Date of Lease: December 20,1996\n\n         1.2      'Landlord': Rhode Island Economic Development Corporation, a\n                  Rhode Island public corporation formed pursuant to Chapter 64\n                  of Title 42 of the Rhode Island General Laws, 1956 as amended\n\n         1.3      'Landlord's Address': 1330 Davisville Road, North Kingstown,\n                  Rhode Island 02852\n\nLandlord may change such address at any time by giving notice of such change to\nTenant.\n\n         1.4      'Tenant':\n\n                  a.  Name: Electric Boat Corporation, a Delaware corporation\n\n                  b.  75 Eastern Point Road, Groton, CT 063404989\n\n         1.5       The 'Premises': That portion of Landlord's land, buildings\nand site improvements thereon located on the property described in Exhibit A\nhereto. All Exhibits are attached hereto and made a part hereof.\n\n         1.6       Additional Parties: As a portion of the Premises is owned by\nthe State of Rhode Island (the 'State') and subject to the terms of that certain\nLease and Operating Agreement between the State and the Rhode Island Airport\nCorporation, a subsidiary corporation of Landlord ('RIAC'), dated June 25,1993\n(the 'Airport Lease'), the State and RIAC are parties to this Lease for the\npurposes of confirming their respective consent to the terms hereof pursuant to\nSection 11.2(a) of the Airport Lease.\n\n         1.7       'Term' of Lease:\n\n                   From: January 1, 1997 to and including: December 31,2006\n\n\n         1.8       Purpose: Operation of a business for the manufacturing and\nfabrication of ships, including submarines and other metal fabrication\nindustries with related administrative and support uses as may be required.\n\n         1.9       Rental:\n\n                   (a) The following shall be the Base Rentals ('Base Rentals')\nto be paid on an annual and monthly basis for the periods set forth below:\n\n\n\n       Date Rental                    Date Rental              Annual                 Monthly\n       commences                      terminates               Base Rental            Base Rental\n       ---------                      ----------               -----------            -----------\n\n                                                                                     \na.    January 1,1997               December 31,1998            $1,827,428             $152,285.66\n\nb.    January 1,1999               December31, 2004            $1,327,428             $110,619.00\n\nc.    January 1, 2005              December31, 2006            $ 827,428              $ 68,952.33\n\n\n         (b)       Employment Rent Incentive.\n\n                   (i) Base Rental shall be adjusted based upon employment\nincentives which are the result of full-time equivalent employees of Tenant\nworking at the Premises or other real property and facilities owned by Tenant\nand located at the Quonset\/Davisville Port and Commerce Park (the Premises and\nsuch other facilities of Tenant located at Quonset\/Davisville are referred to in\nthis Section 1.9 as the 'ERI Site'- from the term Employment Rent Incentive\nSite) and employed by or on behalf of Tenant. For purposes hereof, full-time\nequivalent employees ('FTE') shall mean that person or persons who work at the\nERI Site a combined equivalent of no less than 35 hours per week. Such rental\nincentives shall be based upon the following amounts of FTE of Tenant located\nupon the ERI Site:\n\n                                                       \n           Below 800 FTE                                  An increase of annual basic rental equal to $500\n                                                          for each FTE below 800 employed at the\n                                                          Premises by Tenant.\n\n           800 to and including 1,000 FTE                 No change in basic annual rental\n\n           From 1,001 FTE to and including\n           1,500 FTE                                      1% reduction in annual basic rental for each 50\n                                                          FTE\n\n         Above 1,500 FTE                                  2% reduction for each 50 FTE\n\n\n\n\n\n\n\n\n                  (ii) Upon the commencement date of the term of this Lease,\nTenant shall notify Landlord in writing of the number of FTE working for or on\nbehalf of Tenant at the ERI Site. Every six months thereafter during the Term of\nthis Lease, Tenant shall certify to Landlord the daily average number of FTE\nworking for or on behalf of it at the ERI Site for the preceding six-month\nperiod, and base annual Rental adjustment calculations shall be made by Landlord\nand Tenant pursuant to the Terms hereof. Base Rental shall be adjusted, if such\nadjustment is necessary pursuant to the terms hereof, based upon the FTE\ncalculations set forth in such certification from Tenant to Landlord.\n\n                  (iii) All certifications of FTE from Tenant to Landlord shall\nbe subject to audit by Landlord at reasonable times and no more frequently than\nfour times per year.\n\n         1.10 'Additional Rent': Any amounts, payments, or other charges,\ncredits or funds due from Tenant to Landlord or others hereunder in any form\nwhatsoever (other than Base Rental) shall be 'Additional Rent' hereunder, shall\nbe in the nature of Rental for purpose of determining Landlord's rights and\nTenant's obligations with respect thereto and shall be due and payable without\ndeduction or setoff other than as set forth in this Lease.\n\n         1.11 'Additional Premises': That parcel of land and building thereon\ncommonly known as Building 17 and more particularly identified as Parcel 4 on\nExhibit A attached hereto. Tenant shall lease the Additional Premises from\nLandlord pursuant to all terms and conditions set forth herein, except as\nfollows:\n\n                  (a) Tenant shall lease the Additional Premises for a term of\ntwo (2) years commencing January 1, 1997 and terminating December 31, 1998 (the\n'Additional Premises Initial Term'). Tenant shall have the right to lease from\nLandlord the Additional Premises for two (2) renewal terms of four (4) years\neach by notifying Landlord ninety days prior to the expiration of the then\ncurrent term of Tenant's desire to so exercise its option to renew (each such\nrenewal term is hereinafter referred to as the Additional Premises Renewal\nTerm).\n\n                  (b) Tenant shall pay as additional rent for the use of the\nAdditional Premises during the Additional Premises Initial Term an amount equal\nto One Hundred Thousand ($100,000) Dollars in one lump sum payment on or before\nApril 30, 1997. Tenant, if it exercises its right to extend the term and\ncontinues to occupy the Additional Premises, shall pay as additional rent for\nthe Additional Premises Renewal Term an amount equal to Eighty Thousand\n($80,000) per year of each year of the Additional Premises Renewal Term, payable\nin advance in equal monthly installments.\n\n\n\n\n\n\n         1.12     Exhibit Completion Deadline. Landlord and Tenant hereby agree\nto cooperate and negotiate in good faith the completion, execution and delivery\nof all Exhibits referred to herein or attached hereto on or before January 31,\n1997. If, after such good faith efforts, Landlord and Tenant for any reason fail\nto so complete, execute and deliver such Exhibits, then in such event either\nparty shall have the right to terminate this Lease upon notice to the other\nparty. In such event, Tenant agrees that it shall be deemed a holdover Tenant\npursuant to terms and conditions of existing agreements between Landlord and\nTenant prior to this Lease.\n\n                 SECTION 2. -RENTAL. UTILITIES AND OTHER CHARGES\n\n         2.1      Rentals: Tenant shall pay the Base Rental amounts set forth in\nthis Lease, during the applicable periods, in monthly installments. Monthly Base\nRentals shall be paid in advance on or before the first day of each month;\nprovided, however, Landlord agrees to send to Tenant an invoice for each month's\nrent no earlier than thirty (30) days prior to such rent being due, and Tenant\nagrees to pay such rent within 30 days of receiving such invoice. Base Rental\nfor the calendar month during which a term begins or ends, if not a full month,\nshall be apportioned. If any monthly Base Rental or Additional Rent or other\namount or charge due to Landlord is not received by Landlord as provided herein,\nthen the amount due shall bear a late charge at the rate per year equivalent to\nthe prime rate of interest as published in the Wall Street Journal plus two (2%)\npercent until receipt by Landlord. Notwithstanding anything herein to the\ncontrary, in no event shall the interest charged, reserved and\/or taken in this\nLease exceed the maximum allowed by and determined in accordance with applicable\nlaw. When payments are made by check, they shall be treated as paid to Landlord\non the date of receipt of the check, if the check clears; but, if the check is\nnot paid, payment shall be deemed made only when Landlord has received good\nfunds. The foregoing shall not limit Landlord's rights in the event of a default\nby Tenant.\n\n         2.2      Utilities:\n\n                  (a) Landlord shall cause to be provided to Tenant such water\nand sewerage disposal services as may be reasonably required by Tenant. Except\nwhen occasioned by the negligent performance of Landlord's obligations\nhereinabove set forth, Landlord shall have no responsibility or liability for\ndelays, lapses or cessation of such utility services arising out of labor\ndisputes, strikes, fires, storms, floods, freezing, earthquakes, explosion,\ncivil disorders, acts of public enemy, sabotage, delays in transportation,\nenergy or fuel shortages, unavoidable casualties, mechanical failures, or any\nother cause beyond its control. In any event, Landlord shall have no liability\nfor consequential damages flowing from any delay, lapse or cessation of utility\nservices. Landlord shall also have the right, in time of energy shortage or\nrationing, to allocate utility services among the various users thereof in such\nmanner as is necessary and equitable or as may be required by the United States.\n\n                  (b) Landlord shall permit all of its existing facilities to be\nused to supply public services in common with others to the Premises, including\nelectricity, telephone, telegraph, trucking, railroad and other transportation\nservices. In particular, Landlord shall permit the Narragansett Electric Company\nto provide service to Tenant over Landlord's existing power\n\n\n\ndistribution facilities and shall cause Landlord to permit Narragansett Electric\nCompany, at its own expense, to install, operate and maintain such secondary\npower transformation and distribution facilities as may be required to meet the\nrequirements of Tenant. In the event that the existing systems for providing\npublic services to the Premises shall become unavailable for any reason\nwhatsoever, Landlord shall permit access for construction of new systems to the\nPremises through such portions of the other lands of Landlord as Landlord shall\nreasonably deem appropriate, the cost of constructing any such distribution\nsystem to be borne by the Tenant or the company furnishing such public services.\n\n                  (c) Charges for water and sewer furnished to Tenant under the\nterms of this lease shall be based on engineering estimates acceptable to\nLandlord and Tenant. Charges for sewerage disposal services furnished to Tenant\nshall be based upon the amount of water furnished to Tenant. Charges for utility\nservices shall be established from time to time by Landlord on an equitable, non\ndiscriminatory basis. In establishing such charges, account shall be taken of\nall costs and other charges associated with the provision of utility services\nincluding without limitation, the cost of fuels, labor and materials, insurance,\nrepair and maintenance, appropriate charges or reserves established by Landlord\nfor capital improvements and replacements to the facilities rendering utility\nservices, and general administrative overhead.\n\n                  (d) Landlord shall bill Tenant monthly for water and sewer\nservices furnished during the prior month. Tenant shall pay for such utility\nservices within thirty (30) days after the end of each month, or fifteen (15)\ndays after receipt by Tenant of a bill for such services whichever is later.\nNotwithstanding such payment, Tenant may subsequently contest the reasonableness\nof any service charges or their compliance with the provisions of this Lease,\nand if such contest is not resolved by mutual agreement, it shall be resolved\nconsistent with the terms of this Lease.\n\n                  (e) Tenant shall purchase from Landlord, and Landlord shall\nsell to Tenant, steam heat utilized by Tenant pursuant to terms set forth in the\nSteam Heat Supply Agreement to be entered into upon the execution of this Lease\nin substantially the form of Exhibit B attached hereto.\n\n         2.3 Payment in Lieu of Taxes: Landlord shall pay from rental received\nfrom Tenant, to the Town of North Kingstown, payments in lieu of taxes ('PILOT')\npursuant to terms and conditions agreed upon from time to time by Landlord and\nsaid Town of North Kingstown. Tenant shall pay directly to the Town of North\nKingstown taxes and assessments lawfully imposed by the Town of North Kingstown\nupon Tenant for its personal property and assessable improvements or fixtures\nlocated upon the Premises.\n\n\n\n\n\n\n         SECTION 3. PREMISES\n\n         Landlord, in consideration of the rents, covenants and agreements to be\npaid, kept and performed by Tenant as herein provided, hereby demises and leases\nto Tenant the Premises described above.\n\n         SECTION 4. PURPOSE\n\n         The Premises shall be used solely for the purpose set forth above and\nnot for any unlawful purpose. Any use of the Premises in violation of this\nprovision may be enjoined by Landlord without prejudice to any other remedy\ntherefor.\n\n         SECTION 5. RENTALS\n\n         Tenant shall pay all Base Rental and Additional Rent and other amounts\nand charges due to Landlord as set forth above at Landlord's address as\nhereinabove set forth or at such place as Landlord, from time to time, shall\ndesignate in writing.\n\n         SECTION 6. MAINTENANCE AND USE OF PREMISES\n\n         6.1 Tenant shall keep the Premises neat and clean and shall promptly\nremove its rubbish, waste products, garbage, refuse and trash from the Premises\nat its own expense. Tenant further agrees that Tenant shall: refrain from\nplacing in the sewerage system any chemical, waste or substance which may\nrequire special treatment or may cause damage or injury to the sewerage system\nand pay the cost of any repair or damage in the sewerage system necessitated by\nany violation of this undertaking, and not enter into any service, maintenance\nor other contracts relating to the Premises which shall terminate after or not\nbe terminable by Tenant upon (in which latter event, Tenant shall so terminate\nsame) the expiration of the Term hereof.\n\n         6.2 Tenant, at its expense, shall also keep the Premises, including the\nsetting of glass in windows and doors, and all fixtures, piping, roofing,\nequipment and apparatus of every kind, nature and description, in good order,\ncondition and repair, including the replacement of integral parts thereof,\nreasonable wear and tear excepted. Such repairs and replacements shall be\neffected with all due dispatch and shall be of good and workmanlike quality and\nclass equal to the original work or installation. Tenant shall not cause or\npermit any waste or injury to the Premises and shall keep the Premises free from\nany and all objectionable noises, odors, rubbish and debris. Tenant shall\ncontinuously comply with and observe all statutes, ordinances, rules, codes,\nrequirements, laws, regulations, orders and\/or decrees of the federal, state and\ncity governments, or any departments, bureaus or agencies thereof or of any\ninsurance inspection or rating bureau, whether now in force or which may in the\nfuture be promulgated. including, but not limited to, those relating to\nenvironmental, waste products, garbage, refuse or trash, building, zoning and\nother matters and the provisions of the Occupational Safety and Health Act of\n1970, as amended, and the regulations thereunder, and any expense resulting from\nsuch compliance shall be borne by Tenant. Tenant shall, at its expense, make all\nrepairs and improvements to the Premises and parking areas. Tenant shall also,\nat its own expense, make all repairs necessary to the exterior and \n\n\n\nstructural components of the Premises. On or before January 31, 1997, Landlord\nand Tenant shall jointly complete a video taped assessment of the condition of\nthe Premises which shall serve as a baseline against which Tenant will maintain\nthe Premises; provided, however, if during the course of completing such video\ntape Landlord discovers that the Premises or any portion thereof are in need of\nrepair pursuant to agreements between Landlord and Tenant prior to the date of\nthis Lease, then Tenant and Landlord shall agree upon the extent of additional\nrepairs to be performed by Tenant.\n\n         6.3 Any substantial or structural alterations, improvements or\nadditions to the Premises shall be at Tenant's expense and made in accordance\nwith all applicable governmental laws and regulations, in a good and workmanlike\nmanner and without any lien or encumbrance therefor. Any alterations shall\nbecome part of the realty unless Landlord otherwise agrees in writing; and, at\nthe expiration or termination of this Lease, shall remain on the Premises or\nshall be removed by Tenant (Tenant restoring any resulting damage to the\nPremises) at its expense) as Landlord may elect; provided, however, that any\nstructural alterations of Tenant so consented to by Landlord and agreed, in such\nconsent by Landlord, to remain at the Premises at the expiration or termination\nof this Lease, shall not be required to be removed by Tenant. Also at the\nexpiration or termination of this Lease, Tenant shall remove its goods and\neffects (including trade fixtures) and, at the request of Landlord (other than\nas set forth in the preceding sentence), all alterations, additions,\nimprovements and installations, whether made in replacement of, substitution of,\nor addition to existing facilities, all at Tenants expense; and shall peaceably\nand quietly surrender to Landlord possession of the Premises and all erections\nand additions made to the same (as Landlord may have elected), and, in any\nevent, Tenant shall also surrender any piping, electrical installations, switch\nboxes, transformers, meters, lighting fixtures, all wiring both for light and\npower up to the point that the same may be attached to any machines; and shall\nleave the Premises broom clean and in good repair, order and condition in all\nrespects, reasonable wear and tear excepted. Tenant's obligations to observe and\nperform this covenant shall survive the expiration or termination of this Lease.\nIn the event of Tenant's failure to remove any of Tenant's property from the\nPremises, Landlord is authorized, without liability to Tenant for loss or\ndamages thereto, and at the sole risk of Tenant, to remove and store any of the\nproperty at Tenant's expense, or retain same under Landlord's control or to sell\nat public or private sale, without notice, any or all of the property not so\nremoved and to apply the net proceeds of such sale to the payment of any sum due\nhereunder, or to destroy such property.\n\n\n\n\n\n\n         6.4 Any contractors performing work on behalf of Tenant with respect to\nthe structural integrity of the Premises must be approved in writing in advance\nby Landlord, such approval to not be unreasonably withheld or delayed. Tenant\nmay submit for Landlord's approval a list of contractors Tenant proposes to use\nduring the term of this Lease.\n\n         6.5 Tenant shall not erect or maintain upon the Premises any signs,\nadvertisements or notices unless: 1) said signs, advertisements and notices are\ninstalled according to all applicable restrictive covenants or rules and\nregulations or design criteria imposed by Landlord upon the Premises; and 2)\nTenant shall have first obtained the written approval of Landlord as to the\nsize, design, color and location of such sign, advertisement and notice, such\napproval not to be unreasonably withheld. Tenant shall be responsible for all\ndamage to the Premises resulting from the installation, maintenance and removal\nof such signs, advertisements and notices.\n\n         6.6 Tenant shall not permit or commit any waste in or about the\nPremises.\n\n         6.7 Tenant shall not use or occupy or permit the Premises to be used or\noccupied in any unlawful manner or for any illegal purpose or in such manner as\nto constitute a nuisance. Tenant and its servants, employees, agents, visitors,\ninvitees or licensees will faithfully observe and comply with such reasonable\nrules and regulations as Landlord hereafter may, at any time or from time to\ntime, make and communicate in writing to Tenant which, in the reasonable\njudgment of Landlord, shall be necessary for the reputation, safety, care or\nappearance of the Premises or the Premises or the preservation of good order\ntherein, or the operation or maintenance of the Premises or the equipment\nthereof.\n\n         6.8 Landlord shall not be responsible for security at the Premises.\n\n         6.9 All personal property owned or installed by Tenant in the Premises\nshall be listed from time to time on the so-called Electric Boat Asset List and\non the Government Property Control List, and may be removed by Tenant at any\ntime provided that the Tenant shall, at its expense, repair any damage, holes or\nopenings caused or occasioned by such removal. Any such personal property of the\nTenant left upon the Premises after the termination of the Lease may, at the\nelection of Landlord, be removed at Tenant's expense and sold, stored or\ndiscarded, or be deemed to have been abandoned and to belong to Landlord.\n\n         SECTION 7. RIGHTS OF LANDLORD\n\n         In addition to any other rights of Landlord set forth herein, Landlord\nshall have the following rights, exercisable without liability to Tenant for\ndamage or injury to property, persons or business, without effecting an\neviction, constructive or actual, diminution of services, or disturbance of\nTenant's use or possession or giving rise to a claim for setoff or abatement of\nBase Rental and Additional Rent, or excusing Tenant from the full performance of\nits obligations under this Lease:\n\n                  a. To enter upon the Premises in accordance with Tenant's\nsecurity, procedures to inspect the Premises; and, during the last year of the\nTerm, to show them to \n\n\nprospective tenants; or, at any reasonable time, to prospective purchasers or\nmortgagees of the Premises;\n\n                  b. To take any and all measures, including inspection, making\nrepairs, alterations, additions and improvements to the Premises as may be for\nthe safety, protection, improvement, or preservation of the Premises, it being\nagreed that any obligation to do so and the payment of the cost thereof shall be\nin accordance with the other provisions of this Lease;\n\n                  c. To close all or portions of the roads providing access to\nthe Premises parking lot for the purpose of effecting repairs, or alterations,\nso long as reasonable access is provided to the Premises; and\n\n                  d. Landlord reserves the right to alter, reduce, increase,\nrelocate and change, from time to time, driveways, roads, walkways so long as\nreasonable access is provided to the Premises.\n\n         SECTION 8. TENANT'S INDEMNITY AND INSURANCE\n\n                   (a) Tenant shall keep the Premises and its personal property,\nat its sole cost and expense, insured for the mutual benefit of Landlord and\nTenant, as their interests may appear, during the term and any extensions of\nthis Lease, against loss or damage by fire and against loss or damage by other\nrisks now or hereafter embraced by 'extended coverage' and 'difference in\nconditions coverage,' in an amount equal to the full replacement value of the\nPremises and its personal property.\n\n                  (b) Tenant shall maintain at its sole cost and expense, but\nfor the mutual benefit of Landlord and Tenant, all as their interests may\nappear:\n\n                  (i) Liability insurance against claims for property damage,\n   bodily injury, or death, in the amount of Ten Million Dollars ($10,000,000)\n   in respect of any one accident or occurrence;\n\n                  (ii) Workers' compensation insurance covering Tenant except\nthat Tenant may 'self-insure' its Workers' Compensation liability to the extent\npermitted under Rhode Island law.\n\n\nTenant may effect for its own account any insurance not required under the\nprovisions of this Lease.\n\n                  (c) All insurance provided for in this Section 8 shall be\neffected under valid, enforceable policies issued by insurers of recognized\nresponsibility which are licensed to do business in the State of Rhode Island.\nTenant shall furnish the Landlord copies of each policy and proof of payment of\npremiums if such policy does not provide for notice to Landlord prior to\ncancellation and shall provide certificates of insurance to each party insured.\n\n\n                  (d) All policies of insurance provided for in this Section 8\nshall name Landlord, and Tenant, as an insured, all as their respective\ninterests may appear and shall specify that the proceeds shall be paid to\nTenant. Each such policy shall contain a provision that no act or omission of\nany insured shall affect or limit the obligation of the insurance company to pay\nthe amount of any loss sustained, and to the extent obtainable, shall contain an\nagreement by the insurer that such policy shall not be cancelled without at\nleast thirty (30) days' prior written notice to Landlord; and that the insurer\nwill not be subrogated to any claim any insured might otherwise have against any\nother insured arising out of such loss.\n\n                  (e) In the event of any damage or loss by fire or other\ncasualty to the Premises or personal property, Tenant shall, only to the extent\ninsurance proceeds are available or adequate for such purpose, with all\ndeliberate speed, at its sole cost and expense, repair, replace and restore the\nPremises to their prior condition insofar as practicable.\n\n                  (f) Tenant agrees to indemnify landlord against any and all\nclaims for damages, charges or liabilities, including attorneys' fees, arising\nfrom Tenant's negligent activities with respect to the Premises.\n\n         SECTION 9. EMINENT DOMAIN\n\n         9.1 In the event that the entire Premises or such portion thereof as\nwould deprive Tenant of all beneficial use of the Premises is taken or condemned\nby any competent authority for any public or quasi-public use or purpose, or is\nsold as a result of an impending taking or condemnation (a 'taking') this Lease\nshall terminate as of the date of the taking. If a taking relates only to a\nportion of the Premises or Tenant is not deprived of all beneficial use of the\nPremises, Landlord (after such taking or condemnation and the determination of\nLandlord's award therein) shall expend so much as may be necessary of the net\namount of Landlord's award in effecting any restoration necessary to make the\nPremises tenantable and the Lease shall continue without reduction of the rent.\nIn any event of a taking, Tenant shall be entitled to a pro rata refund of any\nrental paid in advance and all compensation awarded and' paid for such taking\nshall belong to and be the property of Landlord irrespective of the basis upon\nwhich it is awarded, Tenant hereby specifically assigning to Landlord any award\nor compensation for the value of Tenant's leasehold estate. Tenant may, however,\nclaim and recover from the condemning authority, but not from Landlord,\ncompensation for damages recoverable only by Tenant, in Tenant's own right, for\nor on account of any cost or loss to which Tenant might be put in removing\nTenant's merchandise, furniture, trade fixtures and equipment and loss of\nbusiness and improvements paid for by Tenant and expenses compensable to Tenant\nby statute.\n\n         SECTION 10. QUIET ENJOYMENT\n\n         Tenant, subject to the terms and provisions of this Lease, on paying\nthe rent and performing all the covenants, terms and conditions in this Lease\ncontained to be performed on the part of Tenant, may peacefully hold and enjoy\nthe Premises during the Term hereof without any let or hindrance by Landlord or\nany person claiming by, through or under it. This covenant and all other\ncovenants of the Landlord contained in this Lease shall be binding upon Landlord\n\n\n\nand Landlord's successors only with respect to breaches occurring during\nLandlord's and Landlord's successors respective ownership of Landlord's interest\nhereunder.\n\n         SECTION 11. SUBORDINATION. ATTORNMENT AND NON-DISTURBANCE\n\n         This lease is subject and subordinate to all mortgages and bond\nindentures which may now or hereafter affect the Premises, and to all advances\nmade thereunder, the interest thereon, and all renewals, modifications,\nconsolidations, replacements and extensions thereof if the mortgagee named in\nsaid mortgage shall elect by written notice delivered to Tenant to subject and\nsubordinate the rights and interest of Tenant under this Lease to the lien of\nits mortgage. Alternatively, any mortgagee may elect to give the rights and\ninterests of Tenant under this Lease priority over the lien of its mortgage. In\nthe event of either of such election, and upon notification by such mortgagee to\nTenant to that effect, the rights and interests of Tenant under this Lease shall\nbe deemed to be subordinate to or to have priority over, as the case may be, the\nlien of said mortgage whether this Lease is dated prior to or subsequent to the\ndate of said mortgage. This clause shall be self-operative and no further\ninstrument of subordination shall be required by any mortgagee. In confirmation\nof such subordination, Tenant shall execute and deliver, within fifteen (15)\ndays of a request therefore, any certificate that Landlord may reasonably\nrequest. Tenant hereby constitutes and appoints Landlord Tenant's\nattorney-in-fact to execute any such certificate or certificates for and on\nbehalf of Tenant. Any subordination of this Lease pursuant to this Section 11\nand Tenant's obligation to execute a subordination agreement is dependent upon\nTenant's receipt of a non-disturbance agreement with terms customary to those of\nsimilar transactions in North Kingstown, Rhode Island at the time of the request\ntherefor from any lender requiring such subordination agreement. In the event\nTenant fails to execute such agreement within fifteen (15) business days after\ndemand in writing, Tenant does hereby make, constitute and irrevocably appoint\nLandlord as its attorney in fact and in its name, place and stead so to do. The\nexecution by Landlord, on behalf of Tenant, of such subordination agreement\nafter said fifteen (15) business days period shall be conclusive evidence that\nLandlord has obtained for Tenant's behalf a non-disturbance agreement in\nconformance with the provisions of this Section so long as such agreement\ncontains a provision substantially as follows: 'provided, however, anything\nherein to the contrary notwithstanding, Tenant upon keeping the terms, covenants\nand conditions to be kept by it pursuant to the Lease and not being in default\nthereunder, shall have use and possession of the Premises as contemplated by the\nLease and any successor in interest to Landlord shall from and after the date it\nsucceeds to Landlord's interest in the Premises, perform Landlord's obligations\nin accordance with the terms of the Lease.' If, in connection with obtaining\nfinancing for the Premises, a lender shall request reasonable modifications in\nthis Lease as a condition to such financing, Tenant will not unreasonably\nwithhold, delay or defer its consent thereto, provided that such modifications\ndo not materially or adversely increase the obligations of Tenant hereunder or\nmaterially or adversely affect the leasehold interest hereby created or Tenant's\nuse and enjoyment of the Premises. In the event that a mortgagee or any\npurchaser at foreclosure sale or judicial proceedings shall succeed to the\ninterest of Landlord, this Lease, nevertheless, shall continue in full force and\neffect, and Tenant agrees to attorn to such mortgagee or purchaser and to\nrecognize such mortgagee or purchaser as its Landlord.\n\n\n\n\n\n\n         SECTION 12. NO REPRESENTATIONS BY LANDLORD\n\n         No representations or promises with respect to the Premises, except as\nare herein expressly set forth, have been made by Landlord or any other party on\nLandlord's behalf (including any real estate broker), and Tenant agrees that it\nwill have examined the Premises prior to the Commencement Date and will take the\nsame in their condition and state of repair at the Commencement Date. The taking\nof possession of the Premises by Tenant shall be conclusive evidence as against\nTenant that the Premises were in satisfactory condition and in conformity with\nthe provisions of this Lease at the time such possession was so or is taken.\n\n         SECTION 13. RIGHT TO PAY MONEY TO EFFECT PERFORMANCE\n\n         If Tenant at any time or from time to time shall fail to perform any of\nthe covenants, terms and conditions in this Lease contained to be performed on\nthe part of Tenant, Landlord may, only in the event of emergency, immediately,\nor at any time thereafter during such emergency, without notice, perform the\nsame for the account of Tenant, and in any such event, any monies paid by\nLandlord for such purpose shall be deemed to be Additional Rent due hereunder\nand shall be payable forthwith to Landlord upon rendition of an invoice\ntherefor.\n\n         SECTION 14. ASSIGNMENT\n\n         Tenant shall not assign, mortgage, pledge or otherwise encumber this\nLease or its interest herein, or sublet the whole or any part of the Premises\nwithout first obtaining on each occasion the consent in writing of Landlord,\nwhich consent shall not be unreasonably withheld or delayed. In case of any such\napproved assignment, the assignee shall assume in writing to Landlord the\nperformance and observance of all the covenants, terms and conditions in this\nLease contained, to be kept and performed on the part of Tenant, and such\nwriting of assumption shall be delivered to Landlord simultaneously with such\nassignment. In the event of any such approved assignment or subletting,\nnotwithstanding any assumption hereof by the assignee or subtenant, Tenant shall\nremain primarily liable for the performance of all of said covenants, terms and\nconditions. Notwithstanding the foregoing, if Tenant desires to assign this\nLease or sublet all or a part of the Premises, Landlord shall be noticed and may\nelect to terminate this Lease as to the Premises in the event of a desired\nassignment or as to such part or all thereof which Tenant desires to sublet, and\nenter into a new lease with the intended assignee or subtenant, upon such terms\nas may be agreed between Landlord and such assignee or subtenant, and this Lease\nshall terminate as to the applicable part or all of the Premises upon the\neffectiveness of such new lease. Further, in any assignment or subletting\nconsented to by Landlord: any Base Rental and Additional Rent greater than that\nset forth on this Lease shall inure to the benefit of Landlord. Tenant, by its\nexecution of this Lease, consents to any changes in this Lease to be made by the\nLandlord and such assignee or subtenant; provided same do not materially or\nadversely increase the obligations of Tenant hereunder. The foregoing\nnotwithstanding, upon written notice to the Landlord, Tenant may assign this\nLease to any entity owned by more than 51% by General Dynamics, and upon such\nassignment, Tenant shall be relieved from its obligations hereunder; provided\nthat General \n\n\n\nDynamics or such new assignee (subject to Landlord's reasonable approval which\nwill not be unreasonably withheld or delayed) assumes such obligations in\nwriting.\n\n         SECTION 15. LANDLORD'S REMEDIES\n\n         15.1 If, at any time subsequent to the date of this Lease, any one or\nmore of the following events (an 'Event of Default') shall happen, time being of\nthe essence:\n\n                  a. Tenant shall default in the due and punctual payment of any\nBase Rental, Additional Rent, amount, charge or other sum due hereunder within\nfive (5) working days after the due date thereof; or\n\n                  b. Tenant shall neglect or fail to perform or observe any of\nthe other covenants or agreements herein contained on the part of Tenant to be\nperformed or observed and Tenant shall fail to remedy the same within ten (10)\nworking days after notice to Tenant specifying such neglect or failure, or if\nsuch Event of Default is of such a nature that Tenant cannot reasonable remedy\nthe same within such ten (10) day period, Tenant shall fail to commence promptly\nto remedy the same and to prosecute such remedy to completion with all due\ndiligence and continuity; or\n\n                  c. Tenant's leasehold interest in the Premises shall be taken\non execution, by other process of law or as a result of the exercise of any\ncreditor's rights; or\n\n                  d. Tenant or any guarantor of this Lease shall make an\nassignment for the benefit of creditors; or\n\n                  e. Tenant shall vacate or abandon the Premises for ten (10)\nconsecutive days, except for reasons of public emergencies or damage to the\nPremises; or\n\n                  f. Tenant or any guarantor of this Lease shall seek or consent\nto or acquiesce in the appointment of any receiver or liquidator of Tenant or of\nall or any substantial part of its property; or\n\n                  g. A petition shall be filed by or against Tenant or any\nguarantor of this Lease under any law seeking any reorganization, arrangement,\nreadjustment, composition, liquidation, dissolution, stay, injunction or other\nsimilar relief under any present or future state or federal statute, law or\nregulation and shall remain undismissed or unstayed for an aggregate of thirty\n(30) days, or if any debtor in possession (whether or not Tenant), receiver or\nliquidator of Tenant or of all or any substantial part of Tenant's properties or\nof the Premises shall be appointed without the consent or acquiescence of Tenant\nand such appointment shall remain undismissed or unstayed for an aggregate of\nthirty (30) days; then in any such case, Landlord may terminate this Lease by\nnotice to Tenant, specifying a date not less than five (5) days after the giving\nof such notice on which this Lease shall terminate and this Lease shall come to\nan end on the date specified therein as fully and completely as if such date was\nthe date herein originally fixed for the termination hereof, and Tenant shall\nthen peacefully quit and surrender the Premises \n\n\n\nto Landlord but Tenant shall remain liable as hereafter provided. All costs and\nexpenses incurred by or on behalf of Landlord occasioned by such Event of\nDefault including, without limiting the foregoing generality, reasonable\nattorney's fees and other costs of collection, recovery of possession and the\nexercise of any right or remedy permitted Landlord hereunder shall be paid by\nTenant.\n\n         15.2 Upon any such expiration or termination of this Lease, Tenant\nshall quit and peacefully surrender the Premises to Landlord, and Landlord, upon\nor at any time after any such expiration or termination, may without further\nnotice, enter upon and re-enter the Premises and possess and repossess itself\nthereof, by 'self-help', so-called (if allowed by law), summary proceedings,\nejectment or otherwise, and may dispossess Tenant and remove Tenant and all\nother persons and property from the Premises and may have, hold and enjoy the\nPremises and the right to receive all rental income of and from the same.\n\n         15.3 At any time or from time to time after any such expiration or\ntermination, Landlord may relet the Premises or any part thereof, in the name of\nLandlord or otherwise, for such term or terms (which may be greater or less than\nthe period which would otherwise have constituted the balance of the Term of\nthis Lease) and on such conditions (which may include concessions or free rent)\nas Landlord, in its reasonable discretion, may determine and may collect and\nreceive the rents therefor.\n\n         15.4 No such expiration or termination of this Lease shall relieve\nTenant of its liability and obligations under this Lease, and such liability and\nobligations shall survive any such expiration or termination. In the event of\nany such expiration or termination, whether or not the Premises or any part\nthereof shall have been relet, Tenant shall pay to the Landlord the Base Rental,\nAdditional Rent and all other sums, amounts and charges required to be paid by\nTenant up to the time of such expiration or termination of this Lease, and\nthereafter Tenant, until the end of what would have been the Term of this Lease\nin the absence of such expiration or termination, shall be liable to Landlord\nfor, and shall pay to Landlord, as and for liquidated and agreed current damages\nfor Tenant's default: (a) the equivalent of the amount of the Base Rental,\nAdditional Rent and the other sums, amounts and charges which would be payable\nunder this Lease by Tenant if this Lease were still in effect, less (b) the net\nproceeds of any reletting effected pursuant to the provisions of paragraph 15.3\nhereof, after deducting all Landlord's expenses in connection with such\nreletting, including, without limitation, removal and warehousing of Tenant's\nproperty, removal of Tenant's improvements, additions, alterations and the like,\nall repossession costs, brokerage commissions, legal expenses, attorneys' fees,\nalteration costs and expenses of preparation of the Premises for such reletting.\nTenant shall pay such damages (herein called 'deficiency') to Landlord monthly\non the days on which the Rental would have been payable under this Lease if this\nLease were still in effect, and Landlord shall be entitled to recover from\nTenant each monthly deficiency as the same shall arise; or, at any time after\nany such expiration or termination, whether or not Landlord shall have collected\nany monthly deficiencies as aforesaid, Landlord shall be entitled to recover\nfrom Tenant, and Tenant shall pay to Landlord, on demand, as and for liquidated\nand agreed final damages for Tenant's default the entire amount of the\ndeficiency if the Premises have been relet, or, if the Premises have not been\nrelet, the excess of the aggregate of the Base Rental for the balance of the\nTerm, any Additional \n\n\nRent for the balance of the Term, any sums, amounts and other charges which may\nreasonably be anticipated hereunder for the balance of the Term and Landlord's\nexpenses as set forth above over the then fair market rental value of the\nPremises for the same period. If, after Landlord has recovered the foregoing\nfrom Tenant, Landlord shall relet the Premises or a part thereof, it shall\nreimburse Tenant to the extent Tenant has paid amounts to Landlord and in\namounts not to exceed the Base Rental, Additional Rent, sums, amounts, charges\nand expenses actually paid by Tenant to Landlord.\n\n         15.5 For purposes of this Section 15, Additional Rent shall include\nutilities consumed in the Premises to maintain the structural integrity of the\nsame while vacant; provided, however, that this provision shall not apply to\nfacilities to which Tenant does not apply heat in the ordinary course of its\noperations.\n\n         15.6 Tenant hereby expressly waives, so far as permitted by law, the\nservice of any notice of intention to re-enter provided for in any statute, or\nof the institution of legal proceedings to that end, and Tenant, for and on\nbehalf of Tenant and all persons claiming through or under Tenant also waives\nany and all right of redemption or re-entry or repossession or to restore the\noperation of this Lease in case Tenant shall be dispossessed by a judgment or by\nwarrant of any court or judge or in case of re-entry or repossession by Landlord\nor in case of any expiration or termination of this Lease. Tenant, so far as\npermitted by law, waives and will waive trial by jury in any action, proceeding\nor counterclaim brought by either of the parties hereto against the other on any\nmatters whatsoever arising out of or in any way connected with this Lease, the\nrelationship of Landlord and Tenant, Tenant's use or occupancy of the Premises,\nor any claim of injury or damage. The terms 'enter', 're-enter', 'entry' or\n're-entry', as used in this Lease are not restricted to their technical legal\nmeaning.\n\n         15.7 In the event of any breach or anticipatory breach by Tenant of any\nof the covenants, agreements, terms or conditions contained in this Lease, the\nLandlord shall be entitled to enjoin such breach or anticipatory breach.\nLandlord shall have the right to invoke any right and remedy allowed at law or\nin equity or by statute or otherwise as though re-entry, summary proceedings,\nand other remedies were provided for in this Lease. An anticipatory breach\nshall, for purposes of this Section 15.7, be deemed to be an event which, with\nthe passage of time or the giving of notice or both, would constitute an Event\nof Default.\n\n         15.8 Each right and remedy of Landlord provided for in this Lease or\notherwise existing at law or in equity shall be cumulative and shall be in\naddition to every other right or remedy provided for in this Lease, or now or\nhereafter existing at law or in equity or by statute or otherwise, and the\nexercise or beginning of the exercise by Landlord of any one or more of the\nrights or remedies provided for in this Lease, or now or hereafter existing at\nlaw or in equity or by statute or otherwise shall not preclude or waive the\nsimultaneous or later exercise by Landlord of any or all other rights or\nremedies provided for in this Lease, if any, or now or hereafter existing at law\nor in equity or by statute or otherwise.\n\n         15.9 In the event of a default by Tenant hereunder, the Tenant shall be\nresponsible for any reasonable attorney's fees of Landlord incurred in enforcing\nthe provisions of this Lease.\n\n\n         SECTION 16. NO WAIVER\n\n         The failure of Landlord to seek redress for violation of, or to insist\nupon the strict performance of, any covenant, term or condition of this Lease or\nany of the rules established by Landlord under the provisions of this Lease,\nshall not prevent a subsequent act, which would have originally constituted a\nviolation, from having all the force and effect of an original violation. The\nreceipt by Landlord of Base Rental or Additional Rent, with knowledge of the\nbreach of any such covenant, term, condition or rule shall not be deemed a\nwaiver of such breach and no provision of this Lease shall be deemed to have\nbeen waived by Landlord unless such waiver be in writing signed by the Landlord.\nPayment by Tenant, or acceptance by Landlord, of a lesser amount than shall be\ndue from Tenant to Landlord shall not be treated otherwise than as a payment on\naccount. The acceptance by Landlord of a check for a lesser amount with an\nendorsement or statement thereon, or upon any letter accompanying such check,\nthat such lesser amount is payment in full, shall be given no effect, and\nLandlord may accept such check without prejudice to any other rights or remedies\nwhich Landlord may have against Tenant. No act or thing done by Landlord, its\nservants and agents, during the term of this Lease, shall constitute an eviction\nby Landlord, nor shall it be deemed an acceptance of a surrender of the\nPremises, and no agreement to accept such surrender shall be valid unless in\nwriting, signed by Landlord.\n\n         SECTION 17. LANDLORD'S LIEN - Omitted Intentionally\n\n         SECTION 18. HOLDING OVER\n\n         If Tenant shall hold possession of the Premises beyond the Term without\nLandlord's written consent Tenant shall pay to Landlord one and one-half (1-1\/2)\ntimes the latest Base Rental, plus Additional Rent and other sums, amounts and\ncharges for each month during which Tenant shall retain such possession. The\nprovisions of this paragraph shall not operate as a bar or as a waiver by\nLandlord of any right of re-entry or election provided under Section 15 hereof\nor available to Landlord under common law.\n\n\n\n\n\n\n\n\n         SECTION 19. NO BROKER\n\n         Tenant represents that the Premises were not presented to it or to any\nperson representing it by any broker or other person, and that no broker or\nperson was involved in the leasing of the Premises, and warrants that no claim\nfor commission for said leasing shall be presented to Landlord and shall\nindemnify and hold harmless Landlord from any such claims and any legal fees\nincidental thereto. Landlord represents that no broker or person was involved in\nthe leasing of the Premises to Tenant and warrants that no claim for commission\nfor said leasing shall be presented to Tenant and shall indemnify and hold\nharmless Tenant from any such claims and any legal fees incidental thereto.\n\n         SECTION 20. NOTICE\n\n         All notices and other communications given, authorized or required\nhereunder shall be in writing and shall be given by personal delivery, mailing\nthe same by certified or registered mail, return receipt requested, postage\nprepaid, by telecopy, or causing same to be delivered by prepaid overnight\ncarrier with receipt to the parties at their addresses set forth above, or in\neither case, to such other person or at such other address as either party may\nhereafter designate by notice to the other party. All such notices and other\ncommunications to Landlord shall also be so given to Adler Pollock &amp; Sheehan\nIncorporated, 2300 Hospital Trust Tower, Providence, Rhode Island 02903,\nAttention: Robert I. Stolzman, Esq. and all such notices and other\ncommunications to Tenant shall also be so given to Vice President and General\nCounsel, Electric Boat Corporation, 75 Eastern Point Road, Groton, Connecticut,\n06340-0989 and Site Manager Electric Boat Corporation, Quonset Point\/Davisville\nIndustrial Park, North Kingstown, Rhode Island 02852. Any such notices and other\ncommunications given by other means shall not be effective. The date of actual\nreceipt of a notice shall be deemed the date of service of notice; provided,\nhowever, that, in the event that an addressee refuses to accept delivery or\nacknowledge receipt, then notice shall be deemed to have been served on the\nearlier of the date of hand delivery, the next business day in the case of\ndelivery by overnight carrier, or five days after the date mailed.\n\n         SECTION 21. CAPTIONS\n\n         The captions appearing in this Lease are intended only as a matter of\nconvenience and for reference and in no way define, limit or describe the scope\nof this Lease or the intent of any provision hereof.\n\n\n\n\n\n\n\n\n         SECTION 22. RECORDING OF LEASE\n\n         The parties agree that this Lease shall not be recorded, but Landlord\nand Tenant hereby agree, upon request of either party, to enter into a\nmemorandum of lease in recordable form, setting forth the actual time of\ncommencement and time of termination of this Lease and such other provisions,\nexcept rental provisions, with respect to this Lease as will put on notice any\nthird party of the existence of this Lease. Such notice shall expressly state\nthat it is executed pursuant to the provisions contained in this Lease and is\nnot intended to vary the terms and conditions of this Lease. Such notice shall\nbe substantially in the form set forth in Exhibit C. Upon the expiration or\ntermination of this Lease, Tenant shall execute and deliver to Landlord, upon\nthe request of Landlord, an instrument in recordable form, reasonably\nsatisfactory to Landlord, certifying that this Lease has expired or terminated.\nTenant hereby constitutes and appoints Landlord Tenant's attorney in fact to\nexecute any such instrument for and on behalf of Tenant, if Tenant has not\nexecuted and delivered such instrument to Landlord within fifteen (15) days of\nnotice of Landlord requesting same.\n\n         SECTION 23. PARTIES AND DEFINITIONS\n\n         The terms 'Landlord' and 'Tenant' wherever used in this Lease shall\ninclude the successors and assigns of said parties (subject to the assignment\nprovisions hereof), and if either of the parties shall not be a corporation,\nsaid term shall also include the heirs, executors and administrators of said\nparty, wherever the context requires or permits of such construction, and all of\nthe covenants, terms and conditions herein contained shall be binding upon and\ninure to the benefit of the heirs, executors, administrators, successors and\nsaid assigns of the parties in the same manner as if they were expressly\nmentioned (except as otherwise expressly provided herein). The term 'Landlord'\nas used in this Lease means only the owner for the time being of the Premises so\nthat in the event of any sale of the Premises, Landlord shall be and it hereby\nis entirely freed and relieved of all covenants and obligations of Landlord\nhereunder, it being understood and agreed that the purchaser has assumed and\nagreed to carry out any and all obligations of Landlord hereunder. Each term and\nprovision of this Lease to be performed by Tenant shall be construed to be joint\nand several and both a covenant and a condition. The reference contained to\nsuccessors and assigns of Tenant is not intended to constitute a consent to an\nassignment by Tenant or to vary the provisions of Section 14 hereof.\n\n         SECTION 24. PARTIAL INVALIDITY\n\nIf any term, covenant, condition or provision of this Lease or the application\nthereof to any person or circumstances shall, at any time or to any extent, be\ninvalid or unenforceable, the remainder of this Lease and the application of\nsuch term or provision to persons or circumstances other than those as to which\nit is held invalid or unenforceable shall not be affected thereby, and each\nterm, covenant, condition and provision of this Lease shall be valid and\nenforceable to the fullest extent permitted by law.\n\n\n\n\n\n         SECTION 25. HAZARDOUS WASTE\n\n         Notwithstanding any terms or conditions set forth in this Section 25 to\nthe contrary, Landlord and Tenant agree that Tenant shall not be liable or\nresponsible to Landlord for any Environmental Condition (as defined below) upon\nthe Premises which was caused by a party other than Tenant (or under Tenant's\ncontrol or supervision) or which existed prior to Tenant's occupancy of the\nPremises.\n\n         25.1     For the purposes of this paragraph 'hazardous waste' and\n'hazardous substance' shall have the meaning set forth in the Resource,\nConservation and Recovery Act of 1980, 42 U.S.C. Sss.6901, et seq. ('RCRA'), the\nComprehensive Environmental Response, Compensation and Liability Act of 1980, 42\nU.S.C. Sss.9601, et seq. ('CERCLA'), and any Rhode Island statutes as such\nstatutes may be amended, or as defined in any federal or state regulations\nadopted pursuant to or in furtherance of such Acts or statutes. 'Oil' shall be\ndefined as petroleum or any petroleum products in any form.\n\n         25.2     Tenant shall:\n\n                  a. Not manufacture, generate, store, treat or dispose of\n(except in compliance with all laws, ordinances, and regulations pertaining\nthereto) any dangerous and\/or hazardous waste, material, element or substance or\noil or gas or substance detrimental to the environment on the Premises or\narrange with another person for the same;\n\n                  b. Upon the request of Landlord, take all such action,\nincluding, without limitation, the conducting of engineering tests and sampling\nby parties reasonably satisfactory to Landlord (all at the sole expense of\nTenant) to confirm that no dangerous and\/or hazardous waste, material element or\nsubstance or oil or gas or substance detrimental to the environment is being\nmanufactured, generated, stored, treated or disposed of by Tenant or General\nDynamics Corporation on the Premises; and\n\n                  c. Provide Landlord with written notice: upon Tenant's \nobtaining knowledge of any potential or known release or threat of release, of\nany dangerous and\/or hazardous waste, material, element or substance or oil or\ngas or substance determined by the appropriate governmental authority to be     \ndetrimental to the environment at or from the Premises and by any person for\nwhose conduct Tenant is responsible or whose liability may result in a lien on\nproperty of Tenant; upon Tenant's receipt of any notice to such effect from any\nfederal, state or other governmental authority; and upon Tenant's obtaining\nknowledge of any incurrence of any reimbursable expense or loss by such\ngovernmental authority in connection with the assessment, containment, or\nremoval of any dangerous and\/or hazardous waste, material, element or substance\nor oil or gas or substance determined by the appropriate governmental authority\nto be detrimental to the environment for which expense or loss Tenant may be\nliable or for which expense a lien may be imposed upon the property of Tenant.\n\n\n\n                  d. With regard to underground storage tanks (if any) used by\nit or General Dynamics Corporation at the Premises, at its expense, comply with\nany statute, ordinance or regulation of any governmental authority having\njurisdiction over same.\n\n         25.3 Tenant will not use the Premises at any time in such a manner as\nto cause a violation of or to give rise to a removal or restoration obligation\nunder any statute, ordinance, order, decree or other common law of any state,\nfederal, municipal or other governmental body or agency having jurisdiction over\nthe Premises, including, without limitation, RCRA and CERCLA or any similar law,\nrule, regulation, order, judgment or decree; and Tenant agrees that no such\nviolation or obligation will be created by the removal of any hazardous waste,\nhazardous substance, oil, gas and\/or substance detrimental to the environment\nfrom the Premises by Tenant. During or after the Term, in the event Landlord's\nenvironmental consultant reasonably determines it necessary, Landlord may, at\nthe expense of Tenant, conduct survey, soil and ground water sampling and such\nother testing on the Premises as Landlord shall deem appropriate to assess\nwhether Tenant or General Dynamics Corporation is or was in violation of the\ncovenants contained in this Section 25 and Tenant agrees and covenants to\nundertake and complete, at its sole expense, and as soon as practicable, such\nremoval, restoration, cleanup or other remedial action as Landlord shall, in its\nreasonable discretion, deem necessary to cure or otherwise adequately respond to\nany violation of environmental laws which are attributable to Tenant's or\nGeneral Dynamics Corporation's use of the Premises.\n\n         25.4 Tenant further agrees, in addition to the foregoing and not in\nlimitation thereof, to indemnify, defend and hold harmless Landlord from and\nagainst any and all claims, demands, liabilities, costs, expense, penalties,\ndamages and losses, including, without limitation, attorney's fees, as\nincurred, (payable quarterly upon written demand) resulting from or related to\nany Environmental Condition (as hereinafter defined) caused by it or General\nDynamics Corporation or any violation of any Environmental Law (as hereinafter\ndefined) caused by it or General Dynamics Corporation in connection with the\nPremises including, but not limited to, any claim for personal injury or\nproperty damage arising from any such Environmental Condition or violation of\nany Environmental Law asserted by third parties against Landlord, any\nliabilities sustained or incurred by Landlord for the containment, removal,\nremedy, cleanup or abatement of any contamination arising from any\nEnvironmental Condition or any violation of any Environmental Law caused by it\nor General Dynamics Corporation. The term 'Environmental Law' shall mean any\nlaw, regulation, rule or order of any governmental entity relating to pollution\nor protection of the environment (including ambient air, surface water, ground\nwater, land surface or subsurface strata), including without limitation CERCLA,\nas amended, RCRA, as amended, and other laws, regulations, rules and ordinances\nrelating to emissions, discharges or releases of pollutants, contaminants,\nchemicals, industrial, toxic or hazardous substances or solid or hazardous\nwastes or oil or gas or any substance detrimental to the environment\n(collectively 'Polluting Substances') or the manufacture, processing,\ndistribution, use, treatment, handling, storage, disposal and transportation of\nPolluting Substances. The term 'Environmental Condition' shall mean the\npresence, whether discovered or undiscovered, in surface water, ground water,\ndrinking water supply, land surface, subsurface strata, above ground and\nunderground tanks or other containers, or ambient air of any Polluting\nSubstances arising out of \n\n\n\nor otherwise related to the operations or other activities (including the\ndisposition of such materials or substances) conducted or undertaken at the\nPremises.\n\n         25.5 In the event of any discharge, spillage, contamination,\nuncontrolled loss, seepage or filtration of a Hazardous Waste, Hazardous\nSubstance and\/or Polluting Substance within the Premises as a result of any\nconduct of or omission by Tenant, or General Dynamics Corporation, or any\nemployee or agent of or independent contractor engaged by Tenant or General\nDynamics Corporation. Tenant shall contain, remove or mitigate the same\nimmediately in accordance with all applicable federal, state or local laws,\nordinances, rules or regulations.\n\n         SECTION 26. FORCE MAJEURE.\n\n         The period of time during which either party is prevented or delayed in\ntheir performance or the making of any improvements or repairs or fulfilling any\nobligation other than the payment of Base Rental, Additional Rent, or any other\npayments required under this Lease, due to unavoidable delays caused by fire,\ncatastrophe, strikes or labor disputes, civil disorders, Acts of God or the\npublic enemy, governmental prohibitions, notices of violations (whether present\nor future) or regulations or inability to obtain materials by reason of such\nregulations, or other causes beyond a party's reasonable control, shall be added\nto a party's time for performance of the obligation and the party shall not be\nliable because of such delay of performance.\n\n         SECTION 27. SUBMISSION OF INSTRUMENT\n\n         No lease or obligation on the part of Landlord or Tenant to enter into\na lease shall arise until this instrument has been executed and delivered by\nLandlord and Tenant to each other.\n\n         SECTION 28. ENTIRE AGREEMENT.\n\n         This Lease contains the entire agreement between the parties,\nsupersedes any other and all previous leases between Tenant and Landlord with\nrespect to the Premises, and may not be changed orally or by any agreement\nbetween the parties unless it is in writing, executed by the parties hereto.\nNotwithstanding any terms herein to the contrary, any covenants or agreements of\nTenant with respect to Environmental Conditions shall survive and remain in full\nforce and effect.\n\n         SECTION 29. RELATIONSHIP OF PARTIES.\n\n         Nothing contained herein shall be deemed or construed by the parties\nhereto nor by any third party as creating the relationship of principal and\nagent or of partnership or joint venture between the parties hereto, it being\nunderstood and agreed that neither the method of computation of rent or any\nother provision herein contained, nor any acts of the parties hereto, shall be\ndeemed to create any relationship between the parties hereto other than landlord\nand tenant.\n\n\n\n\n\n\n         SECTION 30. EXECUTION AND COUNTERPARTS.\n\n         This Lease may be executed in one or more parts, all of which shall\nconstitute but one agreement.\n\n         SECTION 31. GOVERNING LAW.\n\n         This Lease shall be construed in accordance with the laws of the State\nof Rhode Island.\n\n         SECTION 32. INABILITY TO PERFORM.\n\n         This Lease and the obligations of Tenant to pay Base Rental, Additional\nRent and any other sums, amount and charges hereunder and perform all of the\nother covenants and agreements hereunder on the part of Tenant to be performed\nshall in no way be affected, impaired or excused because Landlord is unable to\nfulfill any of its obligations under this Lease or to supply or is delayed in\nsupplying any service to be supplied pursuant hereto by reason of strike or\nlabor troubles, governmental preemption in connection with a national emergency\nor by reason of any rule, order, notice of violation (whether present or future)\nor regulation of any governmental agency or any department or subdivision\nthereof or by reason of the conditions of supply and demand which have been or\nare affected by war or natural catastrophe. The terms and provisions of this\nSection 32 are subject to the terms and provisions of Section 26 of this Lease.\n\n\n         SECTION 33. NOTICE TO MORTGAGEE.\n\n         After receiving written notice from any person, firm or other entity\nthat it holds a mortgage which includes as part of the mortgaged property the\nPremises, Tenant shall, so long as such mortgage is outstanding, be required to\ngive such holder of the same notices as may be given to Landlord under the terms\nof this Lease, but such notice may be given by Tenant to Landlord and such\nholder concurrently.\n\n         SECTION 34. ESTOPPEL CERTIFICATES.\n\n         Tenant and Landlord shall, at any time and from time to time upon not\nless than ten (10) days prior written request by the other or any mortgagee,\nexecute, acknowledge and deliver to the requesting party within said period a\nstatement in writing (and in form reasonably satisfactory to the requesting\nparty) certifying that this Lease is unmodified and in full force and effect\n(or, if there have been modifications, that this Lease is in full force and\neffect as modified and stating the modifications), the dates to which the Base\nRental, Additional Rent and other amounts, sums and charges have been paid in\nadvance, if any, stating whether or not, to the best knowledge of the signer of\nsuch certificate, Landlord or Tenant is in default in performance of any\ncovenant, agreement, term, provision or condition contained in this Lease and,\nif so, specifying each such default to which the signer may have knowledge, the\nexistence of any claimed counterclaims or defenses to this Lease, the\nCommencement Date and the time of termination, and any other \n\n\n\nmatters as may be reasonably requested, it being intended that any such\nstatement delivered pursuant hereto may be relied upon by any prospective\npurchaser of the Premises or of the interest of the Landlord therein, any\nmortgagee or prospective mortgagee thereof, or any prospective assignee of any\nmortgage thereof or any such party requesting the same.\n\n         SECTION 35. ASSIGNMENT OF RENTS.\n\n         With reference to any assignment by Landlord of Landlord's interest in\nthis Lease, or the rents payable hereunder, conditional in nature or otherwise,\nTenant consents thereto and agrees that the execution thereof by Landlord and\nthe acceptance thereof by the holder or the exercise by such holder of its\nrights under such assignment shall never be deemed an assumption by such holder\nof any of the obligations of Landlord hereunder, unless such holder shall, by\nwritten notice to Tenant, specifically otherwise elect.\n\n         SECTION 36. MECHANIC'S LIENS.\n\n         Tenant agrees to promptly discharge (either by payment or by filing of\nthe necessary bond, or otherwise) any mechanic's, materialman's or other lien\nagainst the Premises, and\/or the Landlord's interest therein, which may arise\nout of any payment due for or purported to be due for any labor, services,\nmaterials, supplies or equipment alleged to have been furnished to or for Tenant\nin, upon or about the Premises.\n\n         SECTION 37. ASSIGNMENT BY LANDLORD.\n\n         Landlord shall have the right to assign this Lease to any other party,\nin which event Landlord's obligations under this Lease shall terminate as of the\ndate of such assignment for events occurring after such date.\n\n         SECTION 38. INDEPENDENT COVENANTS.\n\n         This Lease shall be construed as though the covenants herein between\nLandlord and Tenant are independent and not dependent. Tenant shall not be\nentitled to any setoff of the Base Rental, Additional Rent or other sums,\ncharges or amounts owing hereunder against the Landlord if Landlord fails to\nperform its obligations set forth herein, except as herein specifically set\nforth. The foregoing shall in no way impair the right of Tenant to commence a\nseparate action against the Landlord for any violation by Landlord of the\nprovisions hereof so long as notice is first given to Landlord and any holder of\na mortgage covering the Premises whose address Tenant has been notified of in\nwriting and an opportunity has been granted to Landlord and such holder to\ncorrect such violation as otherwise provided herein.\n\n         SECTION 39. CONFIDENTIALITY.\n\n         Each party acknowledges that it will have access to certain financial\ninformation of the other party. Such information shall not be released to the\npublic and will be provided, subject to \n\n\n\nthis paragraph, only to those parties who have a legitimate need for such\ninformation, including accountants, lawyers, lenders, potential buyers,\nmortgagees and similar parties.\n\n         SECTION 40. LANDLORD'S LIABILITY omitted intentionally\n\n         SECTION 41. MISCELLANEOUS.\n\n         41.1 Easements. Landlord shall execute and deliver to Tenant easements\nfor access to the cantilever crane of Tenant and for utility access to the\ncantilever crane in substantially the form of Exhibits D, E and F attached\nhereto and made a part hereof. Tenant agrees to release and discharge other\neasements in favor of Tenant, if any, which are superseded by such cantilever\ncrane easements attached hereto.\n\n         41.2 Landlord's Role as Agent. The State and RIAC acknowledge that\nLandlord is their agent for purposes of administering the terms of this Lease\nfor those portions of the Premises which are comprised of property owned by the\nState and subject to the Airport Lease. Such agencies hereby convey upon the\nLandlord the right to perform all acts, give any consents and approvals, and\ntake any and all further action as may be required or permitted by Landlord\nunder the terms of this Lease and without limiting the foregoing generally, to\ndemand and receive rents, insurance proceeds and any other sums due and payable\nunder the terms of this Lease; to provide and fix utility rates as set forth\nherein; to give and receive notices, including notices of default; to disperse\nfunds; to submit disputes to arbitration; to sue on behalf of the State and the\nRhode Island Airport Corporation with respect to the enforcement of the terms of\nthis Lease. Any right of indemnification, immunity or claim which may be\nprotected by insurance and against subrogation of claims provided for in this\nLease for the benefit of Landlord is hereby granted by Tenant to the Landlord,\nand any successor agent or agents named hereafter.\n\n         41.3 Restrictive Covenants. Tenant shall not erect on the Premises any\nbuilding, structure or object which would constitute an obstruction or hazard to\nairport operations or air navigation pursuant to all federal regulations; Tenant\nagrees to permit, for the use and benefit of the public, the passage of aircraft\nin the air space above the Premises, together with such noise and such air space\nas may be inherent in the operation of aircraft, now known or hereafter used,\nfor navigation or flight in said air space, or for the landing on, taking off\nfrom, or operating of Quonset State Airport; this Lease shall be subordinate to\nsuch rules and regulations governing the use, maintenance, operation and\ndevelopment of the Quonset State Airport, as may be from time to time\npromulgated by Landlord, RIAC or the State pursuant to Federal Aviation\nAdministration Regulations; and this Lease shall be subject to deed restrictions\nappearing of record including:\n\n                  (a) Non-Discrimination Easement for Passage of Aircraft -\nthose covenants not to discriminate and the easement for unobstructed passage of\naircraft above the Premises and those other easements and restrictions contained\nin those deeds of the United States of America to the Landlord (former Rhode\nIsland Port Authority and Economic Development Corporation ) the first such\ndated November 20, 1978 and recorded in the Town of North Kingstown Land\n\n\n\nEvidence Records located at Book 317, Page 65, and the second such dated\nNovember 11,1980 and recorded in the Town of North Kingstown Land Evidence\nRecords at Book 348, Page 243, and also contained in the Airport Deed, as the\nsame may be appertain to and run with the Premises; and\n\n         (b) Protective Controls - that Declarations of Restrictions dated\nNovember 12, 1982 by the Grantor recorded in the Town of North Kingstown Land\nEvidence Records at Book 380, Page 211, and, without limiting the foregoing\ngenerally, the Quonset Point\/Davisville Development Restrictions referred to\ntherein, a copy of which has been granted to Tenant and General Dynamics\nCorporation.\n\n\n\n\n\n\n         SECTION 42.   AMENDMENTS, ADDITIONS AND DELETIONS TO LEASE\n\n         Any alterations or deletions herein were made in the Lease before\nexecution and any additional provisions to which the parties have agreed and\nwhich are added herein or in any Addenda attached hereto shall be considered a\npart hereof.\n\nIN WITNESS WHEREOF, the parties have executed this Lease on the date set forth\nabove.\n\nWITNESS:                                   LANDLORD:\n\n                                           Rhode Island Economic Development\n                                                  Corporation\n\n   \/s\/ ROBERT STOLZMAN                       \/s\/ MARCEL A. VALOIS\n-----------------------------              -------------------------------\n                                           By:   Marcel A. Valois\n                                               ----------------------------\n                                           Its:  Executive Director\n                                                -----------------------------\n\nWITNESS:                                   TENANT:\n\n                                           Electric Boat Corporation\n   \/s\/ D.S. HAPKE, JR.                       \/s\/ JOHN K. WELCH\n-----------------------------              --------------------------------\n                                           By:   John K. Welch\n                                               -----------------------------\n                                           Its:  President\n                                                ------------------------------\n\n\n\n\n\n\n\n\n\n\n\nEXHIBIT A\n\n(Detailed plan and Description of Premises and Additional Premises)\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n                                    EXHIBIT B\n                           STEAM HEAT SUPPLY AGREEMENT\n\n\n(to be negotiated, completed, executed and delivered pursuant to the terms of\n                                   the Lease)\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n                                    EXHIBIT C\n\n                               MEMORANDUM OF LEASE\n\n         1.       Lessor: Rhode Island Economic Development Corporation\n\n         2.       Lessee: Electric Boat Corporation\n\n         3.       Description of Premises: See Exhibit annexed hereto and made a\npart hereof.\n\n         4.       Term of Lease: From January 1, 1997 to and including December\n21, 2006.\n\n         5.       The terms and conditions of the Lease Agreement of which this\ninstrument is a Memorandum are hereby incorporated herein by reference.\n\n         6.       This Memorandum of Lease is executed pursuant to the\nprovisions contained in Section 22 of that Lease Agreement and is not intended\nto vary the terms and conditions of that Lease Agreement.\n\n         IN WITNESS WHEREOF, Lessor and Lessee have executed these presents this\n_____ day of ____________, 1996.\n\nWITNESS:\n\n------------------------------------      ------------------------------------\n\n\n------------------------------------      ------------------------------------\n\n\nSTATE OF RHODE ISLAND\nCOUNTY OF\n\n         In said County of and State on the ________ day of December, 1996,\nbefore me personally appeared ________, to me known and known by me to be the\npersons executing the foregoing instrument, and they acknowledged said\ninstrument, by them executed, to be their free act and deed.\n\n                                               ---------------------------------\n                                               Notary Public\n\n\n(In accordance with Section 34-11 of the\nRhode Island General Laws, 1956, as amended)\n\n\n\n\n\n                                    EXHIBIT D\n\n                       TEMPORARY CANTILEVER CRANE EASEMENT\n\n\n         KNOW ALL MEN BY THESE PRESENTS, that the RHODE ISLAND ECONOMIC\nDEVELOPMENT CORPORATION, a Rhode Island public corporation, for and in\nconsideration of the sum of One Dollar ($1.00) and other good and valuable\nconsideration paid by ELECTRIC BOAT CORPORATION, a Delaware corporation with an\naddress of 75 Eastern Point Road, Groton, CT 06340-0989, the receipt and\nsufficiency of which is hereby acknowledged, does hereby grant unto said\nGrantee, its successors and assigns, a non-exclusive easement in, on and over\nthe parcel of real estate set forth and more particularly described on Schedule\nA attached hereto and made a part hereof, for a term of ten (10) years\ncommencing on January 1, 1997 and terminating December 31, 2006 for the purpose\nof ingress and egress to and from a cantilever crane providing access to waters\nof the Narragansett Bay, with all riparian rights attendant thereto.\n\n         The Grantee, its successors and assigns, shall have the right to enter\nupon the parcel of real estate described on Schedule A attached hereto with men\nand equipment for the purpose of ingress and egress by it to said cantilever\ncrane.\n\n         The Grantee, for itself, its successors and assigns, by accepting and\nrecording this easement, acknowledges and agrees that: It accepts the rights to\nthe parcel of real estate described on Schedule A in its present condition; it\nshall, thereafter, at its expense, install, repair, maintain and operate said\neasement area and cantilever crane; upon any occasion of disturbance by any of\nthe Grantee, its successor and assigns, of the land area within the parcel\ndescribed above, said Grantee, its successors and assigns, shall restore that\nland area as nearly as possible to its former condition prior to such\ndisturbance (or as mutually agreed upon by said Grantee and Grantor), said\nrestoration to be without delay; and the maintenance of said easement area shall\nbe the responsibility and at the sole risk of said Grantee, its successors and\nassigns.\n\n         The Grantor, its successors and assigns, reserves the right to utilize\nthe parcel of real estate described above for any purpose whatsoever; provided,\nhowever, that such use does not interfere with the easement herein granted.\n\n         TO HAVE AND TO HOLD the same with all rights, privileges and\nappurtenances thereof or 'hereunto pertaining and to the use of said Grantee,\nits successors and assigns, for the term of ten years as set forth herein, for\nthe special purpose of being used and improved as said Cantilever Crane\nEasement.\n\n\n\n\n\n\n\n         IN WITNESS WHEREOF, the Rhode Island Economic Development Corporation\nhas executed this Easement as of this day of December, 1996.\n\n                                                 THE RHODE ISLAND ECONOMIC\n                                                 DEVELOPMENT CORPORATION\n\n\n                                                 By:\n                                                    --------------------------\n                                                 Its: \n                                                     --------------------------\n\n\nSTATE OF RHODE ISLAND\nCOUNTY OF PROVIDENCE\n\n         In said County and State on the _____ day of December, 1996, before me\npersonally appeared , of the Rhode Island Economic Development Corporation, to\nme known and known by me to be the party executing the foregoing instrument and\nhe\/she acknowledged said instrument by him so executed to be his free act and\ndeed and the free act and deed of said corporation.\n\n\n                                               ------------------------------\n                                               NOTARY PUBLIC\n                                               My Commission Expires: \n                                                                      ----------\n\n\n\n\n\n\n\n\n\n                                   SCHEDULE A\n\n                      (LEGAL DESCRIPTION OF EASEMENT AREA)\n\n\n\n\n\n\n\n\n\n                                    EXHIBIT E\n\n                       PERMANENT CANTILEVER CRANE EASEMENT\n\n         KNOW ALL MEN BY THESE PRESENTS, that the RHODE ISLAND ECONOMIC\nDEVELOPMENT CORPORATION, a Rhode Island public corporation, for and in\nconsideration of the sum of $1.00 and other good and valuable consideration paid\nby ELECTRIC BOAT CORPORATION, a Delaware corporation with an address of 75\nEastern Point Road, Groton, Connecticut 06340-0989, the receipt and sufficiency\nof which is hereby acknowledged, does hereby grant unto said Grantee, its\nsuccessors and assigns, a non-exclusive easement in, on and over the parcel of\nreal estate set forth and more particularly described on Exhibit A attached\nhereto and made a part hereof for the purpose of ingress and egress to and from\na cantilever crane providing access to waters of the Narragansett Bay, with all\nriparian rights attendant thereto, such easement to be perpetual and run with\nland of said Grantee, subject to the terms and conditions hereof.\n\n         The Grantor, on behalf of itself, its successors and assigns, shall\nhave the right to relocate said easement area from time to time; provided,\nhowever, that (i) such relocated easement area shall be confirmed in writing by\nsaid Grantor and delivered to Grantee and recorded with the Land Evidence\nRecords of the Town of North Kingstown; and (ii) such relocated easement area\nshall be in an area and of a type and nature which will allow Grantee the\nability to move to and from said cantilever crane its machinery, equipment, and\nproduct made by it; and (iii) such relocated easement area shall have a load\nbearing capacity to so facilitate such movement by said Grantee.\n\n         The Grantee, its successors and assigns, shall have the right to enter\nupon the parcel of real estate described on Schedule A attached hereto, or as\nrelocated from time to time as set forth herein, with men and equipment for the\npurpose of ingress and egress by it of said cantilever crane.\n\nThe Grantee, for itself, its successors and assigns, by accepting and recording\nthis Easement, acknowledges and agrees that: It accepts the rights of the parcel\nof real estate described on Schedule A, or as relocated by Grantor from time to\ntime as set forth herein, in its present condition; it shall, thereafter, at its\nexpense, install, repair, maintain and operate said easement area and cantilever\ncrane; upon any occasion of disturbance by any of the Grantee, its successors\nand assigns, of the land area within the parcel described above. said Grantee,\nits successors and assigns, shall restore that land area as nearly as possible\nto its former condition prior to such disturbance (or as mutually agreed upon by\nsaid Grantee and Grantor), said restoration to be without delay; and the\nmaintenance of said easement area shall be the responsibility and at the sole\nrisk of said Grantee, its successors and assigns.\n\n         The Grantor, its successors and assigns, reserves the right to utilize\nthe parcel of real estate described above for any purpose whatsoever; provided,\nhowever, that such use does not interfere with the easement granted herein.\n\n\n         TO HAVE AND TO HOLD the same with all rights, privileges and\nappurtenances thereof or 'hereunto pertaining and to the use of said Grantee,\nits successors and assigns for the perpetual term as set forth herein, for the\nspecial purpose of being used and improved as said cantilever crane easement.\n\n         IN WITNESS WHEREOF, the RHODE ISLAND ECONOMIC DEVELOPMENT CORPORATION\nhas executed this easement as of this ___ day of December, 1996.\n\n                                              THE RHODE ISLAND ECONOMIC\n                                              DEVELOPMENT CORPORATION\n\n\n                                              By: \n                                                  ---------------------------\n                                              Its: \n                                                   ----------------------------\n\n\nSTATE OF\nCOUNTY OF\n\n         In said County and State on the day of December, 1996 before me\npersonally appeared _ , of THE RHODE ISLAND ECONOMIC DEVELOPMENT CORPORATION, to\nme known and known by me to be the party executing the foregoing instrument and\nhelshe acknowledged said instrument by him so executed to be his free act and\ndeed and the free act and deed of the corporation.\n\n                                              -------------------------------\n                                              NOTARY PUBLIC\n                                              My Commission Expires:\n                                                                    ----------\n\n\n\n\n\n\n                                    EXHIBIT F\n\n                           TEMPORARY UTILITY EASEMENTS\n\n         KNOW ALL MEN BY THESE PRESENTS. that the RHODE ISLAND ECONOMIC\nDEVELOPMENT CORPORATION, a Rhode Island public corporation, for and in\nconsideration of the sum of $1.00 and other good and valuable consideration paid\nby Electric Boat Corporation, a Delaware corporation with an address of 75\nEastern Point Road, Groton, Connecticut 06340-0989, the receipt and sufficiency\nof which is hereby acknowledged, does hereby grant unto said Grantee, its\nsuccessors and assigns, a non-exclusive easement in, on and over the parcel of\nreal estate set forth and more particularly described on Exhibit A attached\nhereto and made a part hereof, for a term of ten years commencing on January 1,\n1997 and terminating December 31, 2006 for the purpose of installation, repair,\nmaintenance and operation of utility and electric lines, conduits and service\nequipment for facilities of Grantee and leased from Grantee from Grantor.\n\n         The Grantee, its successors and assigns, shall have the right to enter\nupon the parcel of real estate described on Exhibit A attached hereto with men\nand equipment for the purpose of such installation, repair, maintenance and\noperation by it of said utility and electric lines, conduits and equipment.\n\n         The Grantee, for itself, its successors and assigns, by accepting and\nrecording this easement, acknowledges and agrees that: It accepts the rights to\nthe parcel of real estate described on Exhibit A in its present conditions; it\nshall, thereafter, at its expense, install, repair, maintain and operate said\neasement area and such utility lines, conduit and equipment; upon any occasion\nof disturbance by any of the Grantee, its successors and assigns, of the land\narea within the parcel described above, said Grantee, its successors and\nassigns, shall restore that land area as nearly as possible to its former\ncondition prior to such disturbance (or as mutually agreed upon by said Grantee\nand Grantor), said restoration to be without delay; and the maintenance of said\neasement area shall be the responsibility and at the sole risk of said Grantee,\nits successors and assigns.\n\n         The Grantor, its successors and assigns, reserves the right to utilize\nthe parcel of real estate described above for any purpose whatsoever; provided,\nhowever, that such use does not interfere with the easement herein granted.\n\n\n\n\n\n\n\n         TO HAVE AND TO HOLD the same with all rights, privileges and\nappurtenances thereof or 'hereunto pertaining and to the use of said Grantee,\nits successors and assigns, for the term of ten years as set forth herein, for\nthe special purpose of being used and improved as said utility easement.\n\n         IN WITNESS WHEREOF, the RHODE ISLAND ECONOMIC DEVELOPMENT CORPORATION\nhas executed this easement as of this _day of December, 1996.\n\n                                              THE RHODE ISLAND ECONOMIC\n                                                  DEVELOPMENT CORPORATION\n\n\n                                              By: \n                                                  ----------------------------\n                                              Its: \n                                                   -----------------------------\n\n\n\n\nSTATE OF\nCOUNTY OF\n\n         In said County and State on the _____day of December, 1996 before me\npersonally appeared ____________________, _______________________ of THE RHODE\nISLAND ECONOMIC DEVELOPMENT CORPORATION, to me known and known by me to be the\nparty executing the foregoing instrument and he\/she acknowledged said instrument\nby him so executed to be his free act and deed and the free act and deed of said\ncorporation.\n\n\n\n                                              -------------------------------\n\n                                              NOTARY PUBLIC\n                                              My Commission Expires:\n                                                                    -----------\n\n<\/pre>\n","protected":false},"template":"","meta":{"_acf_changed":false,"_stopmodifiedupdate":true,"_modified_date":"","_cloudinary_featured_overwrite":false},"corporate_contracts_companies":[7614],"corporate_contracts_industries":[9475],"corporate_contracts_types":[9579,9606],"class_list":["post-41953","corporate_contracts","type-corporate_contracts","status-publish","hentry","corporate_contracts_companies-general-dynamics-corp","corporate_contracts_industries-aerospace__ships","corporate_contracts_types-land","corporate_contracts_types-land__ri"],"acf":[],"_links":{"self":[{"href":"https:\/\/corporate.findlaw.com\/legal-api\/wp-json\/wp\/v2\/corporate_contracts\/41953","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/corporate.findlaw.com\/legal-api\/wp-json\/wp\/v2\/corporate_contracts"}],"about":[{"href":"https:\/\/corporate.findlaw.com\/legal-api\/wp-json\/wp\/v2\/types\/corporate_contracts"}],"wp:attachment":[{"href":"https:\/\/corporate.findlaw.com\/legal-api\/wp-json\/wp\/v2\/media?parent=41953"}],"wp:term":[{"taxonomy":"corporate_contracts_companies","embeddable":true,"href":"https:\/\/corporate.findlaw.com\/legal-api\/wp-json\/wp\/v2\/corporate_contracts_companies?post=41953"},{"taxonomy":"corporate_contracts_industries","embeddable":true,"href":"https:\/\/corporate.findlaw.com\/legal-api\/wp-json\/wp\/v2\/corporate_contracts_industries?post=41953"},{"taxonomy":"corporate_contracts_types","embeddable":true,"href":"https:\/\/corporate.findlaw.com\/legal-api\/wp-json\/wp\/v2\/corporate_contracts_types?post=41953"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}