Common use of ABSTRACT OF LEASE Clause in Contracts

ABSTRACT OF LEASE. This is the final paragraph and abstract of the lease dated September 17, 1979, between SAN DIEGO UNIFIED PORT DISTRICT, Lessor and SOUTHWEST MARINE, INC., Lessee, concerning the premises described in Exhibits "A" and "B", attached hereto and by this reference made a part hereof. For good and adequate consideration, Lessor leases the premises to Lessee, and Lessee hires them from Lessor, for the term and on the provisions contained in the lease, including without limitation provisions prohibiting assignment, subleasing, and encumbering said lease without the express written consent of Lessor in each instance, all as more specifically set forth in said lease, which said lease is incorporated in this abstract by this reference. The term is thirty-nine (39) years, three (3) months, beginning September 1, 1979, and ending November 30, 2018. This abstract is not a complete summary of the lease. Provisions in the abstract shall not be used in interpreting the lease provisions. In the event of conflict between the abstract and other parts of the lease, the other parts shall control. Execution hereof constitutes execution of the lease itself. APPROVED as to form SAN DIEGO UNIFIED PORT DISTRICT and legality August 7, 1979 By: /s/ Gabriel J. Gallina ----------------------- Assistant Port Director Port Attorney SOUTHWEST MARINE, INC. /s/ Joseph D. Pattello By: /s/ Arthur Engel ------------------------------ ------------------------ AMENDMENT NO. 1 OF SAN DIEGO UNIFIED PORT DISTRICT ▇▇▇▇▇ ▇▇ SOUTHWEST MARINE, INC. OF PROPERTY LOCATED AT THE FOOT OF SAMPSON STREET SAN DIEGO, CALIFORNIA FOR 50 YEARS COMMENCING SEPTEMBER 1, 1984 AND ENDING AUGUST 31, 2034 AGREEMENT FOR AMENDMENT OF LEASE AMENDMENT NO. 1

ABSTRACT OF LEASE. This is the final paragraph and abstract of the lease Lease dated September 17October 22, 19791991, between SAN DIEGO UNIFIED PORT DISTRICT, Lessor Lessor, and SOUTHWEST MARINE, INC.NATIONAL STEEL & SHIPBUILDING COMPANY, Lessee, concerning the premises described in Exhibits "A" and "B", ," attached hereto and by this reference made a part hereof. For good and adequate consideration, Lessor leases the premises to Lessee, and Lessee hires them from Lessor, for the term and on the provisions contained in the leaseLease, including without limitation provisions prohibiting assignment, subleasing, and encumbering said lease Lease without the express written consent of Lessor in each instance, all as more specifically set forth in said leaseLease, which said lease Lease is incorporated in this abstract by this reference. The term is thirty-nine fifty (3950) years, three (3) months, beginning September January 1, 19791991, and ending November 30December 31, 20182040. This abstract is not a complete summary of the leaseLease. Provisions in the abstract shall not be used in interpreting the lease Lease provisions. In the event of conflict between the abstract and other parts of the leaseLease, the other parts shall control. Execution hereof constitutes execution of the lease Lease itself. APPROVED as to form SAN DIEGO UNIFIED PORT DISTRICT and legality August 7October 23, 1979 By: /s/ Gabriel J. Gallina ----------------------- Assistant 1991 By [sig] ----------------------------- ASSISTANT Port Director Port Attorney SOUTHWEST MARINE, INCNATIONAL STEEL & SHIPBUILDING COMPANY /s/ JOSE▇▇ ▇. /s/ Joseph D. Pattello By: /s/ Arthur Engel ------------------------------ ------------------------ AMENDMENT NO. 1 OF SAN DIEGO UNIFIED PORT DISTRICT ▇▇▇▇▇▇▇ By /s/ R. H. ▇▇▇▇▇▇▇▇ SOUTHWEST MARINE, INC---------------------- ---------------------------- JOSE▇▇ ▇. OF PROPERTY LOCATED AT THE FOOT OF SAMPSON STREET SAN DIEGO, CALIFORNIA FOR 50 YEARS COMMENCING SEPTEMBER 1, 1984 AND ENDING AUGUST 31, 2034 AGREEMENT FOR AMENDMENT OF LEASE AMENDMENT NO. 1▇▇▇▇▇▇▇ R. H. ▇▇▇▇▇▇▇▇ Port Attorney President