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COVENANTS AND RESTRICTIONS

REGARDING

CITY OF OSHKOSH INDUSTRIAL

These covenants apply to all lots created and/or sold after July 1, 1991. Lots sold prior to July 1, 1991 are subject to Covenants in force at the time of such sales.

COVENANTS AND RESTRICTIONS REGARDING OF OSHKOSH INDUSTRIAL PARKS

I. GENERAL PURPOSES AND CONDITIONS

The real property conveyed hereby, being a part of the North, Northwest, South, and Southwest Industrial Parks, and Oshkosh Aviation Industrial , is subject to the conditions, covenants, restrictions, easements and protections hereby declared to ensure proper use and appropriate development and improvement of each site thereof; to protect the environment in this planned ; to guard against the erection thereon of structures built of improper or unsuitable materials; to ensure reasonable development of said property and locations thereon of ; to control the development of said property as an industrial park including, but not limited to, proper setbacks from the street, adequate free space between structures, adequate parking, and in general, to provide for a high quality of improvement on said property, to ensure that each building site will not adversely affect the general plan for physical development of the industrial park nor adversely affect the health or safety of residents or workers in the area nor be detrimental to the use or development of other properties in the industrial parks.

II. LAND USE

Properties located within the North, Northwest, South and Southwest Industrial Parks, and Oshkosh Aviation Industrial Park, shall be in conformance with the following standards.

A. NORTH INDUSTRIAL PARK

(1) Permitted Uses:

(a) Manufacturing, warehousing and distribution activities in general compliance with the City of Oshkosh Ordinance.

(b) Said property may be occupied and used by firms engaged in the business classification; provided, however, that no outdoor storage of construction materials or equipment will be permitted for such use notwithstanding provision of Section VIII of these Protective Covenants. The construction contracting business shall not include any use which involves the wholesale or retail sale of construction materials or equipment.

(2) Prohibited Uses:

(a) Abattoirs (b) Acid manufacture (c) Cement, lime, gypsum, plaster of paris manufacture (d) Drop forge (e) Explosive manufacture or storage (f) Fat rendering (g) Fertilizer manufacturing

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(h) Garbage, rubbish, offal or dead animal reduction or manufacture (i) Glue manufacture (j) Junk yards (k) Petroleum refining (l) Smelting of ferrous and non-ferrous metals (m) Stockyards (n) Tannery (o) Commercial (p) Service

B. NORTHWEST INDUSTRIAL PARK

(1) Permitted Uses:

(a) Manufacturing, processing, warehousing, and distribution activities in general compliance with the City of Oshkosh Zoning Ordinance.

(b) Other land uses may be considered for approval by Chamco, Inc. if a determination is made that the project fits the development objectives of the City and Chamco, Inc.

(2) Prohibited Uses:

(a) Commercial and service related uses unless approved per paragraph B(1)(b) above.

C. SOUTH INDUSTRIAL PARK

(1) Permitted Uses:

(a) Manufacturing, warehousing and distribution activities in general compliance with the City of Oshkosh Zoning Ordinance.

(b) Said property may be occupied and used by firms engaged in the construction business classification; provided, however, that no outdoor storage of construction materials or equipment will be permitted for such use notwithstanding provision of Section VIII of these Protective Covenants. The construction contracting business shall not include any use which involves the wholesale or retail sale of construction materials or equipment.

(2) Prohibited Uses:

(a) Commercial and service related uses.

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D. SOUTHWEST INDUSTRIAL PARK - Areas Fronting on U.S. Hwy. 44 Between Washburn Street and Universal Street, and between Universal Street and Waukau Avenue on the South Side of U.S. Hwy. 44

(1) Permitted Uses:

(a) Commercial: Finance, insurance, real estate, office and other services incidental to local industry.

(2) Prohibited Uses:

(a) Abattoirs (b) Acid manufacture (c) Cement, lime, gypsum, plaster of paris manufacture (d) Drop forge (e) Explosive manufacture or storage (f) Fat rendering (g) Fertilizer manufacturing (h) Garbage, rubbish, offal or dead animal reduction or manufacture (i) Glue manufacture (j) Junk yards (k) Petroleum refining (l) Smelting of ferrous and non-ferrous metals (m) Stockyards (n) Tannery

E. SOUTHWEST INDUSTRIAL PARK - Property not Otherwise Identified Above

(1) Permitted Uses:

(a) Manufacturing, warehousing and distribution activities in general compliance with the City of Oshkosh Zoning Ordinance.

(2) Prohibited Uses:

(a) Abattoirs (b) Acid manufacture (c) Cement, lime, gypsum, plaster of paris manufacture (d) Drop forge (e) Explosive manufacture or storage (f) Fat rendering (g) Fertilizer manufacturing (h) Garbage, rubbish, offal or dead animal reduction or manufacture (i) Glue manufacture

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(j) Junk yards (k) Petroleum refining (l) Smelting of ferrous and non-ferrous metals (m) Stockyards (n) Tannery

F. OSHKOSH AVIATION INDUSTRIAL PARK

(1) Permitted Uses:

(a) Manufacturing, warehousing and distribution activities in general compliance with the City of Oshkosh Zoning Ordinance.

(b) Said property may be occupied and used by firms engaged in the construction business classification; provided, however, that no outdoor storage of construction materials or equipment will be permitted for such use notwithstanding provision of Section VIII of these Protective Covenants. The construction contracting business shall not include any use which involves the wholesale or retail sale of construction materials or equipment.

(2) Prohibited Uses:

(a) Commercial and service related uses.

III. ARCHITECTURAL AND DESIGN CONTROLS

A. BUILDING MATERIALS

(1) Any building constructed on the site within the Oshkosh Industrial Parks shall be of a masonry construction, enameled steel, steel frame or the equivalent thereof or better.

(2) "Pole Building" construction is prohibited in all Industrial Parks, other than the Northwest Industrial Park.

(3) The color and design of buildings located within each Industrial Park should be consistent with adjacent structures. The use of colors which emphasize earth tones, such as brown, tan or similar colors, are suggested.

(4) Fronts of buildings may be required to be improved with decorative masonry, glass, metal panels, etc. The "front" of the building shall be determined by Chamco, Inc., and be based, in part, on the location of the primary entrance into the site.

B. LANDSCAPING

(1) All open areas of any lot not used for parking, driveways or storage, shall be landscaped with trees, shrubs, berms and planted ground cover.

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(2) A minimum of five percent (5%) of the site shall be landscaped with a combination of trees, shrubs, berms and planted ground cover.

(3) Number of Plant Materials Required

In order to achieve an appropriate and complete quality landscaping of the site, the following minimum number of plant materials shall be provided as indicated below.

(a) One (1) overstory deciduous shade tree for every four thousand (4,000) sq. ft. of total building floor area.

(b) One (1) coniferous tree for every four thousand (4,000) sq. ft. of building.

(c) One (1) understory shrub for every one thousand (1,000) sq. ft. of building.

(d) One (1) ornamental tree for every four thousand (4,000) sq. ft. of building.

(e) With Chamco's approval, a combination of plant materials may be proposed that varies the type and quantity of plant materials listed in (3)(a) thru (d) above, providing the total amount of landscaping achieves the level required by this section.

(4) Minimum Size of Plantings

(a) Overstory deciduous: 1 1/2 inch caliper. (b) Coniferous: 3 ft. in height. (c) Shrubs: 18 inch (pot). (d) Ornamental trees: 1 1/2 inch caliper.

(5) Maintenance Policy

It is the responsibility of the property owner to ensure that the landscaping is maintained in an attractive condition. The owner shall replace any damaged or dead trees, shrubs, ground covers and sodding within twelve (12) months, or upon notification by Chamco, Inc.

(6) All landscaping treatment shall be fully implemented within twelve (12) months of occupancy.

(7) Special Landscape Treatment

(a) For Industrial Park lots located adjacent to residential and commercial districts:

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(1) Any portion of any Industrial Park lot located adjacent to a residential and shall provide landscape treatment in required setback areas in accordance with the density provisions setforth in the attached "Schedule A".

(b) For Industrial Park Lots Located in the Northwest Industrial Park

(1) For development in the Northwest Industrial Park, where lesser standards are utilized from those setforth for the other Industrial Parks covered by these Covenants, Chamco, Inc. may require more intensive landscape treatment than that setforth in this Section.

C. ON-SITE UTILITIES

Electrical extension and service shall be installed as an underground facility from the street right-of-way, or Wisconsin Public Service Corporation easement, to the building.

IV. SETBACK AND LOT AREA REQUIREMENTS

A. BUILDING SETBACK REQUIREMENTS

(1) Front Yard

(a) No building shall be constructed on a site nearer than forty (40) ft. of the right-of-way of any public street or highway.

(b) EXCEPTION 1: No building shall be constructed on a site nearer than seventy (70) ft. of the right-of-way of W. 20th Avenue (County Trunk "K") within the Southwest Industrial Park.

(c) EXCEPTION 2: No building shall be constructed on a site in the Northwest Industrial Park which is nearer than twenty (20) ft. of the right-of-way of any public street. In the case of corner lots, no building shall be constructed within the designated setback of both abutting public streets. In the event that any site would abut a residential or commercial use, no building shall be closer than twenty- five (25) ft. from the public right-of-way.

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(2) Side Yard

(a) Minimum side yards shall be twenty-five (25) ft. In the event that two adjoining sites shall be owned by the grantee and in the improvement of such sites a building shall be erected on these combined sites, then the side yard requirements on the interior lines are waived.

(b) EXCEPTION 1: Minimum side yards in the Northwest Industrial Park shall be ten (10) ft. In the event that any site would abut a residential or commercial use, no building shall be constructed less than twenty (20) ft. from the property line of the adjacent site. Variances to this requirement shall only be permitted when the grantee implements a more intensive landscaping plan along the side yards and/or Chamco, Inc. and the City of Oshkosh approve such a request.

(3) Rear Yard

(a) Minimum rear yards shall be twenty (20) ft.

(b) EXCEPTION 1: Minimum rear yards in the Northwest Industrial Park shall be fifteen (15) ft. In the event that any site would abut a residential or commercial use, no building shall be constructed less than twenty-five (25) ft. from the property line of the adjacent site. Variances to this requirement shall only be permitted when the grantee implements a more intensive landscaping plan along the rear yard and/or Chamco, Inc. and the City of Oshkosh approve such a request.

B. LOT SIZE MINIMUM

(1) One (1) acre.

C. MAXIMUM LOT COVERAGE

(1) Sixty (60) percent for all buildings.

V. OFF-STREET PARKING REGULATIONS

A. Sufficient off-street parking shall be provided for employees, customers and visitors.

(1) Total parking area space shall be a minimum of one hundred eighty (180) sq. ft. per car.

(2) A minimum parking ratio of two (2) spaces for each three (3) employees shall be required on the maximum employment labor shift of the grantee.

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(3) Parking shall be provided along the sides and rear of the building wherever practical, but it is permitted anywhere on the premises except in the minimum front yard.

(4) All parking areas and drives located to the sides, rear and front of any building shall be improved with concrete, asphalt or equivalent within twelve (12) months from the time of occupancy of the building improvement constructed on the site.

(a) Parking areas in the Northwest Industrial Park shall be maintained in a dust free manner and must be properly drained. Seal coating, chip and tar, and other low cost methods of obtaining a hard surface may be used if in compliance with the City of Oshkosh Zoning Ordinance standards.

B. For the purpose of public parking, the minimum front yard shall be defined as follows:

(1) No parking shall be permitted on the site nearer than fifty (50) ft. of the right- of-way of W. 20th Avenue (County Trunk "K") in the Southwest Industrial Park; or

(2) Nearer than forty (40) ft. of the right-of-way of any other public street or highway.

VI. OFF-STREET LOADING

A. A designated maneuvering area shall be established within the dimensions of the site, and in observance of the respective setback requirements.

B. All loading and maneuvering areas shall be entirely contained on-site and behind the property line. No vehicle shall be allowed to protrude beyond the property line while loading or unloading.

VII. SIGNS

A. Billboards are not permitted.

B. Advertising signs identifying the name, business and products of the person or firms occupying the premises, traffic directional signs, sales and identification signs for each Industrial Park shall be permitted in accordance with the City of Oshkosh Zoning Ordinance.

C. Signs shall not be larger than seventy-two (72) sq. ft., nor maintain a height higher than six (6) ft.

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VIII. OUTDOOR STORAGE AND DISPLAY

A. No outdoor storage of any kind shall be permitted unless such storage material is visually screened from all streets with a suitable fence at least six (6) ft. in height.

(1) Screening shall be attractive in appearance and in keeping with the architectural quality of the main structure.

IX. APPROVAL OF PLANS

Before commencing the construction or alteration of any buildings, additions, enclosures, fences, loading docks, parking facilities, storage yards, or any other structures or permanent improvements on or to the real estate conveyed hereby, the Grantee shall first submit its building plans, specifications, site and landscape plans, utility easements, and an elevation sketch of all improvements to be placed thereon to Chamco, Inc. for its written approval. Chamco, Inc. shall approve or disapprove, in writing, such building plans, specifications, site and landscape plans, utility easements and elevation sketch within thirty (30) days after they have been submitted to Chamco, Inc. At such time as Chamco, Inc. desires to relinquish its authority under these Covenants, said authority shall inure to its successors or assigns. Chamco, Inc., or the Lessor, reserves the right to construct utility lines overhead and utility lines, pipes and conduits underground through an area of not more then ten (10) ft. in width across the real estate covered by this instrument and the Grantee or Lessee agrees to execute any and all instruments necessary and reasonable for the further development of these Parks, including the granting of easements of not more than thirty (30) ft. in width for future railroad tracks and sidings, gas, water, sewerage, telephone, entrance and access roads and electrical lines, provided that no such area or easement shall interfere with any building planned for or constructed on the said real estate by the Grantee or Lessee.

X. COMMENCEMENT AND COMPLETION OF CONSTRUCTION AND REPURCHASE OPTIONS

These Protective Covenants are in addition to City of Oshkosh Zoning Ordinance and Building Code requirements. Any project must comply with all applicable City Zoning and Building requirements. Grantee agrees to commence in good faith the construction of the building and site improvements, duly approved in accordance with Section IX hereof, twelve (12) months from the date of the deed to which these Protective Covenants are attached or incorporated in by reference and substantially complete same within a reasonable time thereafter. If, after the expiration of said twelve (12) months, the Grantee shall not have begun in good faith the construction of an acceptable building upon said property, Chamco, Inc. shall have the option to refund the purchase price and enter into possession of said property. In the event any owner of land lying within any Oshkosh Industrial Park shall desire to sell all or any part of the land which at the time is unimproved, owned in such Park separate and apart from the improved portion of the tract owned, then Chamco, Inc. shall have the prior right and option to purchase the unimproved premises

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proposed to be sold, at the same price per acre paid by the owner of said land when originally acquired from Chamco, Inc. and prior to any sale of such premises, the owner of such tract, his successors or assigns shall notify Chamco, Inc. in writing of his intention to sell, describing the premises to be sold, and Chamco, Inc. shall have sixty (60) days from the date of receipt of such notice to exercise its option. In the event of acceptance of such offer liens or encumbrances created by act or default of purchaser. In the absence of written notification sent by Chamco, Inc. of its election to exercise said option, such owner shall be free to sell such premises to any person, firm, or corporation and at any price deemed desirable by such owners. Any subsequent use of said land must be in full compliance with applicable Zoning Ordinances, restrictions and regulations of the City of Oshkosh, and these Protective Covenants.

XI. ENFORCEMENT AND INVALIDATION

In the event Grantee violates any of the terms or conditions hereof and fails to cure same within thirty (30) days after the receipt of written notice from Chamco, Inc. to do so, then Chamco, Inc. hereby expressly reserves the right, privilege and license to enter upon the premises and take any action to cure such violation and all reasonable cost thereof shall be at the expense of the violator. In addition, Chamco, Inc. may pursue any other legal remedies available to it to enforce the Covenants and restrictions setforth herein. With the exception of the time limit for action by Chamco, Inc., the failure of Chamco, Inc. or any property owner to enforce any restriction herein contained, shall in no event be deemed to be a waiver of the right to do so thereafter nor of the right to enforce any other restriction. The invalidation of any one of the Covenants or Restrictions herein setforth or in failure to enforce any of said restrictions at the time of its violation, shall in no way affect any of the other restrictions nor be deemed a waiver of the right to enforce the same thereafter.

XII. VARIANCES

Notwithstanding anything herein contained to the contrary, Chamco, Inc. expressly reserves the right at any time and from time to time authorize variances from the strict application of these Protective Covenants and Restrictions or any or one or more of them where the circumstances, in its sole and exclusive judgment, justifies the granting of same. Any variances hereunder shall be in writing and executed by an authorized officer of Chamco, Inc. No variance which allows a prohibitive use under Section II shall be effective until said variance has been submitted to the Common Council who shall have the right at its next succeeding meeting following said submission, to veto the variance granted by Chamco, Inc.

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XIII. TERMS AND AMENDMENTS

These Protective Covenants shall continue in full force and effect until January 1, 2000 and shall be thereafter renewed for successive ten (10) year terms unless the Protective Covenants and Restrictions are terminated by the Common Council, City of Oshkosh, prior to the expiration of the initial or renewal terms of the Protective Covenants and Restrictions; provided, however, that these Protective Covenants and Restrictions may be altered or amended by Chamco, Inc. or its successors in interest and the Grantees owning a majority of land in the North, Northwest, South and Southwest Industrial Parks (determined by ownership of land revisions thereof and adjacent land owned by the City of Oshkosh which is held for industrial development or industrial park purposes), by written declaration, signed and acknowledged and recorded in the Register of Deeds Office, Winnebago County, Wisconsin, or such other place as shall be appropriate from time to time to accomplish the purpose thereof.

:indus park covenants 1/1991; revised 6/91

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