SECOND AMENDMENT TO COMMERCIAL LEASE BETWEEN HARDEE COUNTY INDUSTRIAL DEVELOPMENT AUTHORITY, a public agency organized under the laws of the State of Florida, AND PFMAN, LLC, a Florida Limited Liability Corporation

This second amendment to lease is made and executed in duplicate in the City of Wauchula, County of Hardee, State of Florida, by and between the HARDEE COUNTY INDUSTRIAL DEVELOPMENT AUTHORITY, a public agency organized under the laws ofthe State of Florida, whose address is 107 East Main Street, Wauchula, Florida 33873 (hereinafter referred to as "Lessor"), and PFMAN, LLC, a Florida Limited Liability Company, also known as PRODUCTION 81 FABRICATION MANUFACTURING, LLC, whose address is 2280 Comrne:z:ce Court, Bowling Green, Florida 33834 (hereinafter referred to as "Lessee,), for valuable consideration, the receipt and sufficiency of which are hereby acknowledged, as follows:

WHEREAS, Lessor and Lessee entered into certain Commercial Lease dated on or about December 20, 2012; and,

WHEREAS, entered into First Amendment to lease with an effective date of Januazy 19, 2016; and,

WHEREAS, the parties to this lease wish to amend the lease, specifically Sections II, VII, XIII and XXI thereof.

In consideration of the foregoing, and for adequate consideration, the receipt and sufficiency of which are hereby acknowledged, the parties agree as follows:

1. The above stated recitals are hereby incorporated by reference. 2. Section II is amended to read as follows:

Lessee shall pay to Lessor as rent for the premises the sum ofFive Thousand plus tax ($5,350.00) per month, in advance, on the 1st day of every month, for the period January 1, 2017 through December 31, 2017, at which time rent shall

Page 1 of 5 increase to Ten Thousand Three Hundred Twelve and 50/100 plus tax ($11,034.38). Rent payments shall commence as set forth in Section XIII. 3. Section VII is amended to read as follows:

Lessee, during the term of this lease, shall carry public liability insurance at its own cost, insuring Lessor and Lessee against all claims for injuries to persons or property occurring in, upon or about the premises, said policy of insurance at all times to be in an amount not less than $1 ,000,000 for injuries to each person in one accident and not less than $2,000,000 for bodily injury and property damage for each occurrence unless otherwise mutually agreed to in writing by both parties. Lessee shall be responsible for insuring all tangible personal property on the premises. 4. Section XIII is amended to read as follows:

a. Monthly rent for subject premises will commence on January 1, 2017 and continue until December 31, 2017, at which time the rent shall increase to $11,034.38 for the remainder of the term unless purchase option agreement is exercised by Lessee (Section XXI)

Lessee shall have the option at the end of the lease period to extend the current lease for a period of five years. Execution of the request for lease extension shall be provided in writing to the lessor no later than 90 days prior to the expiration of the current lease period. The rent shall be adjusted for any extension of the initial lease period as mutually agreed upon, or upon failure to agree within ten (10) days of receipt of exercise of extension, by percentage adjustment equal to the sum of the cumulative consumer price index over the initial term of the lease.

b. Lessor and Lessee agree that the Lessor shall assist in making available all existing and applicable State and Federal incentives and import/export classifications.

c. Lessor and Lessee agree that the Lessor will assist the Lessee in applying for tangible tax abatement through the Hardee County Board of County Commission.

5. Section XXI is amended to read as follows: Page 2 of 5 Lessor hereby grants unto Lessee an option to buy the leased premises (including all improvements contained on the premises) at any point during the initial ten year lease term, and any extensions or renewals thereof. Lessor agrees that the purchase price for the leased premises (including all improvements contained on the premises) will be $1,650,000.00 (which is equal to the sum of the total design and construction costs of building paid by Lessor), or the appraised value, whichever is less. In addition, Lessor agrees that ifLessee elects to exercise the option contemplated in this Section, at the closing of the purchase of the premises, Lessor will give Lessee a credit toward the purchase price in one of the following amounts, as applicable: (i) fifty percent (50%) of all rent payments paid by Lessee shall be applied at such time as Lessee creates twelve(12) new full-time positions; (ii) seventy-five percent (75%) ofall rent payments paid by Lessee shall be applied at such time as Lessee creates, fllls and maintains sixteen (16) new full-time positions (including long term contractors and leased employees); or (iii) one hundred percent (100%) of all rent payments paid by Lessee shall be applied at such time as Lessee creates, fills and maintains twenty four ( 24) new full-time positions (including long term contractors and leased employees). The number of jobs created shall be evidenced by documentation provided to Lessor such as UTC-6 forms or other documents reasonably requested by Lessor to document the number of positions created. At such time as Lessee shall desire to exercise this option, Lessee shall give Lessor written notice thereof. Lessor will, within thirty. (30) days after receipt of such notice, provide a contract for sale at option price with Lessee paying all closing costs. In addition, such contract for sale shall contain all reasonable standard provisions for contracts for similar sales. The consideration for this option is One Dollar ($1.00) at the execution of this agreement. Lessee's failure to remain in good standing (including making timely rent payments) under the lease shall terminate this option; provided, however, that if Lessee cures any such default, the option shall remain. Lessee may assign Lessee's rights under this Section to an Affiliate. For purposes ofthis entire Section, Lessee shall mean and include all Affiliates (as defined below) ofLessee. The term "Affiliates" means and includes, any other person or entity that directly, or indirectly through one or more intermediaries, controls, is controlled by, or is under Page 3 ofS common control with, Lessee. "Control," including the terms "controlled by" and "under common control with," means the possession, directly or indirectly, of the power to direct or cause the direction of the management and policies of an entity, whether through the ownership of voting securities, as trustee or executor, as general partner or managing member, by contract or otherwise.

Notwithstanding anything to the contrary herein, the job creation credits towards purchase price described above shall not apply for the rent payments made between Januaryl, 2017 and December 31, 2017.

All other terms of said lease shall remain unchanged.

IN WITNESS WHEREOF, VANESSA HERNANDEZ, Chairwoman of HARDEE COUNTY INDUSTRIAL DEVELOPMENT AUTHORITY, a public agency organized under the laws ofthe State of Florida, has hereunto set her hand and seal on this frrst amendment to commercial lease as LESSOR this .JQ__ day of , \m1u.llij , 20l_l.

IN WITNESS WHEREOF, SHAWN OKUN, Manager of PFMAN, LLC, a Florida Limited Liability Company, also known as PRODUCTION & FABRICATION MANUFACTURING, LLC, has hereunto set his hand and seal on this first amendment to commercial lease as LESSEE this _l_D_ day of ja.nu..a'j, 201_.1_.

"LESSOR"

HARDEE COUNTY INDUS~ DEVELOPMENT AUTHORITY, a public agency organized under the laws of the State of norida

EZ,Chairwoman

Page 4 of 5 Second Witness as to Lessor

"LESSEE" PFMANflLLC ~~~/ By: ~~ ---~~------SIIAWN OKUN, Manager

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