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LEASE THIS LEASE is made this day of , 2007 by and between DAY-LUM RENTALS & MANAGEMENT, INC., (hereafter called "Lessor") whose post office and business address is 2 Kamehameha Avenue, Hilo, Hawaii 96720, in its capacity as managing agent for premises owner Bruce Hansen, and COUNTY OF HAWAII, whose mailing address is 25 Aupuni Street, Hilo, HI 96720 (hereafter called "Lessee"). WITNESSETH: That Lessor, in consideration of the rent herein reserved and of the covenants herein contained and on the part of Lessee to be observed and performed and upon and subject to the terms and conditions hereinafter set forth, does hereby lease to Lessee, and Lessee does hereby lease from Lessor, that certain premises located in Hilo, Hawaii, and described in the section entitled Special Conditions of this Lease below. TO HAVE AND TO HOLD the same unto Lessee for a term commencing upon the Commencement Date (hereinafter defined) and ending on the Termination Date (hereinafter defined). A. Special Conditions oFthis Lease. The following subparagraphs constitute all of the Special Conditions of this Lease as referred to elsewhere in this Lease: (1) Description of the Premises: The premises described as 15-2662 Pahoa Villaee Road Suite 304 Pahoa. HI ,consisting of approximately 800 square feet of rentable space. (2) The term of this Lease shall be 5 years , (the "Term"), commencing upon the date of receipt of final inspection (the "Commencement Date"), unless sooner terminated as herein provided. Thereafter, Lessee shall lease on a month-to- month basis unless canceled with a 60-day notice or unless Lessee exercises any option to renew as provided below. (3) Rent shall be as shown below: Period Base Rent: Excise Tax: Total: 8/01/07 to 7/31/12 $ 1,200.00 $ 49.99 $ 1,249.99 1 Comm. No. 7 ~ Ref. To: _~rase R®f. [)ats PICT 7 7 7f10~ IZ~.a. 1,'f l-D7