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c(--)`t I(� SUBLEASE AGREEMENT THIS SUBLEASE AGREEMENT, dated this 3 day of November, 2012, (this "Sublease") is by and between Independent Auto Service Inc., a Minnesota corporation, 6745 Highway 10 NW, Ramsey, Minnesota 55303 (the "Sublessor) and First Choice Towing and Recovery, Inc., a Minnesota corporation, 16450 Nowthen Boulevard NW, Ramsey, Minnesota 55303 (the Sublessee). PROPERTY. The Subleased Property is a part of the property located at 6745 Highway 10 NW, Ramsey, Minnesota and consists of 240 s.£ of front office space, two indoor parking spaces in the first repair bay all in the building on the Subleased Property, and ten outside parking spaces in a secured fenced area between the Subleased Property building and the building located at 6701 Highway IQ NW, Ramsey, Minnesota. (see attached fig. A). 1. TERM: A. Sublease Term. Sublease term is a period of 32 months commencing on the first day of December, 2012 and terminating July 31, 2015. The "Expiration Date" as used herein is July 31, 2015. B. Option to Renew. Sublessee is granted an option to extend this Sublease for an additional 24 month term after the Expiration Date if the Sublessee has continuously occupied the Subleased Property, on the same terms and conditions of this Sublease. Sublessee shall notify Sublessor in writing at least sixty (60) days before the Expiration Date of its intent to exercise this Option to Renew. C. Sublessor's Notice to Quit. Notwithstanding the Sublease Term or the Option to Renew term, the Sublessor in its sole discretion upon 60 days prior written notice to Sublessee may give notice to Sublessee that this Sublease is terminated and upon the effective date of the Notice, this Sublease shall be terminated. 2. BASE RENT. Sublessee shall pay Sublessor a total rent payment for the Subleased Property on the first day of each month in equal monthly installments according to the following schedule: December 1, 2012 $300.00/mo January, 2013 — July, 2014 $500.00/mo 3. ORIGINAL LEASE. This Sublease Agreement incorporates and is subject to the original lease agreement between the Sublessor as Tenant and the City of Ramsey as Landlord which lease is dated January 27, 2012, a copy of which lease is attached hereto and incorporated as if it were set out here at length. Sublessee agrees to assume all of the obligations and responsibilities of the Sublessor under the original lease dated January 27, 2012, for the duration of this Sublease Agreement. 1