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AMENDMENT NUMBER 10 TO LEASE BY AND BETWEENCITY OF JACKSONVILLE AND JACKSONVILLE JAGUARS, LTD.

This Amendment Number 10 to Lease (the "Amendment") is made effective the __ day of_____ ,2010 (the "Effective Date"), between CITY OF JACKSONVILLE, a Florida municipalcorporation and political subdivision of the State of Florida, whose principal address is 117 West DuvalStreet, Suite 400, Jacksonville, Florida 32202, Attn: Mayor (the "City" ) and JACKSONVILLEJAGUARS, LTD., a Florida limited partnership, whose principal address is One Stadium Place,Jacksonville, Florida 32202, and whose FEIN # is 59-3095655 ("JJL").

RECITALSWHEREAS, the City is the owner of that certain facility currently known as "Jacksonville

Municipal Stadium" (pending completion of a naming rights agreement, herein defined as the "Stadium");and

WHEREAS, the City has leased the Stadium to JJL for its operation of the Jacksonville JaguarsNFL football team, pursuant to the terms and conditions set forth in that certain lease, as amended fromtime to time, as more particularly described in Exhibit A (the "Lease"); and

WHEREAS, under Section 12A of the Initial Lease the City has obligations to provide for themaintenance and upkeep of the Stadium; andWHEREAS, pursuant to Section 111.136, Ordinance Code (the "Ordinance"), the City has

created the Sports Complex Capital Maintenance Enterprise Fund (the "Capital Maintenance Fund") toprovide funding to extend, enlarge, remodel, repair, improve, or maintain the Stadium, the Arena, and theBaseball Grounds;

WHEREAS, the Ordinance provides that taxes on "transient rentals" authorized by s. 212.0305,Florida Statutes, and s. 764.1 04(a)(3), Ordinance Code, are to be deposited into the Capital MaintenanceFund (the "Deposited Funds");

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the costs for purchase and performance of capital, repair and maintenance projects at the Stadium, andreceive reimbursement from the City from lawfully available funds within the Deposited Funds, so longas the parties comply with the provisions set forth in this Amendment. Once such procedures have beenfollowed and the stated approvals granted, the expenditure of the Deposited Funds shall be deemed tohave been approved for all purposes.

A. Creation and Approval of Five Year Capital Improvement Plan. No later than January 31each year, the manager of the Stadium designated under Section 9 of the Initial Lease (the"Manager") shall prepare and submit a Five Year Sports Complex Capital MaintenanceImprovement Plan for the ensuing five (5) budget years that commences on October I of thefollowing fiscal year (the "CIP"). The Manager will recommend the priority of projects and theproject scope in the CIP, taking into considerat ion the highest priori ty being assigned to lifesafety and code compliance projects. The Manager may recommend amendments to the CIPduring any fiscal year to address any changes necessary arising from then-emergingcircumstances. The CIP shall be submitted for approval to the City through the ExecutiveDirector of the Jacksonville Economic Development Commission (the "JEDC") for approval inthe forthcoming City budget unless earlier approved; provided however, that Exhibit B heretoshall serve as the first Five Year Sports Complex Capital Maintenance Improvement Plan. Onceapproved by JEDC, the expenditure of the Deposited Funds for any projects contained in the CIPshal l have been conclusively authorized by all necessary City action, subject to the remainingprovisions ofthis Amendment.B. Procurement Procedures. In expending the approved funds, the procedures set forth inthis subsection shall be followed. Ordinance 2010-493-E approving this Amendment, and certainprovisions of the Lease, each provide a waiver to Chapter 126, Ordinance Code, for certainprocurements, and the City, JJL, and the Manager wish to assure that all of the procurementsmade under this Amendment are done in a manner to maintain strong control, transparency, andreview over the procurement process in accordance with best practices and policies of the City.Accordingly, the City, JJL, and Manager agree to the following procedures for procurements,(whether such procurements are made by the Manager or by JJL), for which reimbursement willbe made, according to the procurement procedures dated April 29, 2009 and placed "on file" withthe City's Legislative Services Division (the "Procurement Policy"). The parties understand and

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aI1 Council Members of each project for which advance funding has been approved for JJLpursuant to the provisions of Amendment' 10 within 3 business days. The JEDC ExecutiveDirector shaI1 not approve the proposed ClP or any advance fund project by JJL prior to theexpiration of 30 days from the publicat ion to the Council. Subject to the limitation set forth insubsection D below, JJL shall be reimbursed foI1owing receipt by the Capital Maintenance Fundof funds from the next fiscal year sufficient for reimbursement through coI1ection of tax fundsimposed and coI1ected in accordance with Chapter 764, Ordinance Code. Each fiscal year cycleof reimbursements shall occur no more frequently than twice per year (on or about April 30 andon or about September 30). The City, JJL, and the Manager may enter into any memorandum ofunderstanding reasonably required to implement this Amendment, so long as any suchunderstanding is fuI1y compliant with this Amendment and the Procurement Policy.D. Limitation of JJL Advances: Risk of Nonpayment. Notwithstanding anything to thecontrary in this Amendment, the City retains the right to spend any unobligated Deposited Fundseach fiscal year in compliance with the Capital Maintenance Fund requirements established bythe Ordinance (it being understood that the City's obligation to reimburse JJL for its advancedfunding for eligible ClP projects pursuant to this Amendment does not carry over beyond thethen-one fiscal year collection of Deposited Funds applicable to such JJL project). And furthernotwithstanding anything to the contrary in this Amendment, the requirement of the City or theManager to reimburse JJL for its advances pursuant to this Amendment are expressly subject to,and expressly limited by, the then-availability of funds (generated in the applicable fiscal year) inthe Deposited Funds.E. FY 2009-20I0 Projects. The parties have approved certain projects for point-of-salesystem upgrade and digital menu boards, replay systems, and electronic signs, in an aggregateamount not to exceed $2,470,695.50 (the "Project"). These projects are hereby approved forpayment by the City with the Deposi ted Funds as part of fiscal year 20I0-20 II 80% maximumauthorization, subject, however, to the limitations and provisions of sections 3.C and 3.D. above;with the first payment made for the Project being from first available revenues in fiscal year2010-2011, and to be made, subject to available funds, on or about April 20, 2011 and on orabout September 30, 2011.

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legal representatives, successors and assigns. All other tenus of the Lease remain unchanged and in fullforce and effect and are hereby ratified and confinued as of this Amendment date.

IN WITNESS WHEREOF, the parties have executed this Amendment No. 10 to Lease as of thedate set forth above.

JACKSONVILLE JAGUARS, LTD., aFlorida limited partnershipBy: TDJ Football, Ltd., a Florida limited

partnership, its general partnerATTEST: By: DAR Group Investments, Inc.,

a Florida corporation, itsgeneral partnerBy: _

By: _By: _

1. Wayne Weaver, President

ATTEST: CITY OF JACKSONVILLE, a Floridamunicipal corporation

By _ By: _Neill W. McArthur, Jr.Corporation Secretary

John Peyton, Mayor

Form Approved:

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EXHIBIT ATHE LEASE

That certain Lease By and Between The City of Jacksonville, Florida and TouchdownJacksonville, Ltd. dated September 7, 1993 (the "Initial Lease"); as amended by Amendment No.1 toLease By and Between City of Jacksonville, Florida and Jacksonville Jaguars, Ltd., dated 1995; as furtheramended by that certain Amendment No.2 to Lease By and Between City of Jacksonville, Florida andJacksonville Jaguars, Ltd. Dated July 30, 1996; as further amended by that certain Amendment No.3 toLease By and Between City of Jacksonville and Jacksonville Jaguars, Ltd. dated March II , 1997; asfurther amended by that certain Amendment Number 4 to Lease By and Between City of Jacksonville,Florida and Jacksonville Jaguars, Ltd., dated June 11, 1997; as further amended by that certainAmendment Number 5 to Lease By and Between City of Jacksonville, Florida and Jacksonville Jaguars,Ltd., dated September 6, 2002 ("Amendment No.5"); as further amended by that certain AmendmentNumber 6 to Lease By and Between City of Jacksonville, Florida and Jacksonville Jaguars, Ltd., datedJune 26, 2003 ("Amendment No.6"); as further amended by that certain Amendment Number 7 to LeaseBy and Between City of Jacksonville, Florida and Jacksonville Jaguars, Ltd., dated May 27, 2004; and asfurther amended by that certain Amendment Number 8 to Lease By and Between City of Jacksonville,Florida and Jacksonville Jaguars, Ltd., dated January 31, 2006; and as further amended by that certainAmendment Number 9 to Lease By and Between City of Jacksonville, Florida and Jacksonville Jaguars,Ltd., dated April 7, 2009 (collectively, the "Lease").

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