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Notice of Property Lease - 2405 Charlotte Street, Kansas City, Mo.

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John Fougere

Chief Communications Officer

University Relations

Jun 12, 2008

Notice of Property Lease

2405 Charlotte Street, Kansas City, Mo.

The University of Missouri executed a lease of property at 2405 Charlotte Street, Kansas City, Mo. to BROWN CHICK, INC., d.b.a. Perk Up on June 12, 2008. The lease was approved by the University of Missouri Board of Curators on June 6, 2008. The lease is for 5,236 square feet for 10 years with an option by the tenant to renew for two additional five-year terms. Rent beginning after approximately 20 months, will be $16 per square foot through year five, $17.00 per square foot for year six, with 3 percent annual escalation for years seven through 10, for the University of Missouri–Kansas City.