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<br />The parties hereto contemplate that this Lease shall not be filed for record, but in lieu thereof, at the <br />request of either party, Landlord and Tenant shall execute a Memorandum of Lease to be recorded for <br />the purpose of giving record notice of the appropriate provisions of this Lease. <br /> <br />23. HeadinQs. <br /> <br />The headings used in this Lease are for convenience of the parties only and shall not be considered in <br />interpreting the meaning of any provision of this Lease. <br /> <br />24. Successors. <br /> <br />The provisions of this Lease shall extend to and be binding upon Landlord and Tenant and their <br />respective legal representatives, and assigns. <br /> <br />25. Consent. <br /> <br />Landlord shall not unreasonably withhold or delay its consent with respect to any matter for which <br />Landlord's consent is required or desirable under this Lease. <br /> <br />26. Performance. <br /> <br />If there is a default with respect to any of Landlord's covenants, warranties or representations under this <br />Lease, and if the default continues more than fifteen (15) days after notice in writing from Tenant to <br />Landlord specifying the default, Tenant may, at his option and without affecting any other remedy <br />hereunder, cure such default and deduct the cost thereof from the next accruing installment or <br />installments of rent payable hereunder until Tenant shall have been fully reimbursed for such <br />expenditures at a rate equal to twelve percent (12%) per annum. If this Lease terminate prior to Tenant's <br />receiving full reimbursement, Landlord shall pay the unreimbursed balance plus accrued interest to tenant <br />on demand. <br /> <br />27. Final AQreement. <br /> <br />This Agreement terminates and supersedes all prior understandings or agreements on the subject matter <br />hereof. This Agreement may be modified only by a further writing that is duly executed by both parties. <br /> <br />28. GoverninQ Law. <br /> <br />This Agreement shall be governed, construed and interpreted by, through and under the Laws of the <br />State of Texas. <br /> <br />IN WITNESS WHEREOF, the parties have executed this Lease as of the day and year first above written <br /> <br /> <br />Jan Lawler <br />President/CEO, Economic Alliance Houston Port Region <br /> <br />C:\Documents and Settings\FeazelleD\Local Settings\Temporary Internet Files\OLK6A\Lease Agreement <br />v6.doc <br />Page 6 of 6 <br />