FIRST AMENDMENT TO

LEASE AND CONCESSION AGREEMENT

FOR DUTY FREE CONCESSIONS

THIS FIRST AMENDMENT TO LEASE AND CONCESSION AGREEMENT (hereinafter

referred to as “Amendment”) is made as of this _____ day of July, 2009, by and between the

PORT OF SEATTLE, a Washington municipal corporation as Lessor, (hereinafter referred to as

“the Port”), and HOST INTERNATIONAL, INC., a Delaware corporation, (hereinafter referred

to as “Lessee”).

W I T N E S S E T H

WHEREAS, the parties executed a Lease and Concession Agreement dated July 14, 2003 (“the

Lease”) granting Lessee the right to operate a duty free concession at the Airport; and

WHEREAS, the parties now wish to extend the term of the Lease for one year and make other

revisions to the rent structure during that additional year;

NOW, THEREFORE, in consideration of their mutual promises, the parties hereto do hereby

mutually agree as follows:

1. Definitions. All capitalized terms that are not expressly defined in this Amendment shall

have the same meaning set forth in the Lease.

2. Revised Term. The term of the Lease is, unless earlier terminated pursuant to any

provision of this Lease, hereby extended until December 31, 2010.

3. Revised Rent. The Rent set forth in the Lease is hereby revised as follows:

3.1 Minimum Annual Guarantee. Nothwithstanding anything to the contrary in

Section 4.1.2 of the Lease, for the sixth (6

th

) Agreement Year (i.e. January 1, 2010 –

December 31, 2010), the Minimum Annual Guarantee shall be an amount equal to eighty

percent (80%) of the total amount (whether by Minimum Annual Guarantee or

Percentage Fees) paid by Lessee to the Port for the previous Agreement Year.

3.2 Percentage Fees. Notwithstanding anything to the contract in Section 4.2 of the

Lease, for the sixth (6

th

) Agreement Year (i.e. January 1, 2010 – December 31, 2010), the

schedule for the Percentage Fees shall be as follows:

Concession Category Percentage of Gross Receipts

A. Duty Free and Tax Paid

1. For Gross Receipts less than or equal to

Lessee’s annual Gross Receipts from Duty

Free and Tax Paid for the 5

th

Agreement Year

(i.e. January 1, 2009 – December 31, 2009) .................. 18%

2. For Gross Receipts more than Lessee’s

annual Gross Receipts from Duty Free and

Tax Paid for the 5

th

Agreement Year

(i.e. January 1, 2009 – December 31, 2009) .................. 20%

B. Advertising and All Others ................................................... 15%

4. Delete Paragraph 46. Paragraph 46 of the Lease (entitled “Labor Harmony”) is hereby

deleted in its entirety.

5. No Other Changes. Except as expressly amended in this Amendment, all other

provisions of the Lease remain in full force and effect.

IN WITNESS WHEREOF, the parties hereto have signed this Amendment as of the day and year

first above written.

HOST INTERNATIONAL, INC. PORT OF SEATTLE

A Delaware corporation A municipal corporation

By: By:

Its: Its:

(ACKNOWLEDGMENT FOR LESSEE)

STATE OF ___________________ )

) ss.

COUNTY OF _________________ )

On this _______ day of July, 2009, before me, personally appeared

____________________________________________________ to me known to be the

______________________________ of HOST INTERNATIONAL, INC., a Delaware

corporation, the corporation that executed the foregoing instrument, and acknowledged said

instrument to be the free and voluntary act and deed of said corporation, for the uses and

purposes therein mentioned, and on oath stated that he/she was duly authorized to execute the

same.

IN WITNESS WHEREOF I have hereunto set my hand and affixed my official seal the day and

year first above written.

Notary Public in and for the

State of

Residing at:

My commission expires:

(ACKNOWLEDGMENT FOR THE PORT)

STATE OF WASHINGTON )

) ss.

COUNTY OF KING )

On this ______ day of July, 2009, before me, personally appeared

_____________________________________________________ to me known to be the

______________________________________ of the PORT OF SEATTLE, a municipal