EX-101 INSTANCE DOCUMENT

Exhibit 10.5

SIXTH AMENDMENT

to the

COMPOSITE LEASE AGREEMENT

By and Between

MEMPHIS-SHELBY COUNTY AIRPORT AUTHORITY

and

FEDERAL EXPRESS CORPORATION

Effective as of July 1, 2014

SIXTH AMENDMENT

TO THE COMPOSITE LEASE AGREEMENT

This Sixth Amendment is made and entered into as of the 19th day of September 2013, by and between MEMPHIS-SHELBY COUNTY AIRPORT AUTHORITY (herein referred to as “Authority”), a body politic and corporate, organized and existing under the laws of the State of Tennessee, and FEDERAL EXPRESS CORPORATION (herein referred to as “Tenant”), a corporation duly organized and existing under the laws of the State of Delaware.

W I T N E S S E T H:

WHEREAS Authority and Tenant executed an instrument entitled “Composite Lease Agreement” with an effective date of January 1, 2007 (that instrument, as previously amended by First Amendment to the Composite Lease Agreement intended to be effective as of September 1, 2008; by Second Amendment to the Composite Lease Agreement intended to be effective as of June 1, 2009; by Third Amendment to the Composite Lease Agreement intended to be effective as of July 1, 2009; by Fourth Amendment to the Composite Lease Agreement intended to be effective as of December 15, 2011; and by Fifth Amendment to the Composite Lease Agreement intended to be effective as of January 1, 2013; collectively referred to herein as the “Composite Lease Agreement”); and

WHEREAS Authority and Tenant intended the Composite Lease Agreement to represent each of 23 separate lease agreements between the parties (later increased to 25) and showed the differences among the 23 (later 25 leases) by attaching to the Composite Lease Agreement as Exhibit A, a schedule that identified each parcel of real property Authority leased to Tenant, the portion of the Term (as defined in the Composite Lease Agreement) during which the lease of each parcel will be in effect, and the rent that Tenant pays to Authority for each parcel; and

WHEREAS the parties entered into a Special Facility Ground Lease Agreement dated July 1, 1993, and as amended by First Amendment dated September 1, 2008, and a Special Facility Lease Agreement dated July 1, 1993, in conjunction with the issuance of Special Facilities Revenue Bonds, Series 1993 (“Series 1993 Bonds”), to finance the construction, installation, renovation, and remodeling of the building known as the Corporate Hangar and the buildings known as Hangars 11 and 12; and

WHEREAS the Series 1993 Bonds will be paid in full and retired on or before the effective date of this Sixth Amendment; and

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WHEREAS the Special Facility Ground Lease Agreement and the Special Facility Lease Agreement will terminate upon retirement of the Series 1993 Bonds; and

WHEREAS the parties wish to amend the Composite Lease Agreement to add the Corporate Aviation Hangar, Hangars 11 and 12, and the East GSE Lot to the Premises effective July 1, 2014.

NOW, THEREFORE, for and in consideration of the promises, covenants and agreements hereinafter contained to be kept and performed by the parties hereto and upon the provisions and conditions hereinafter set forth, Authority and Tenant do hereby covenant and agree as follows:

SECTION 1. Definitions. Except as otherwise provided herein, and unless the context shall clearly require otherwise, all words and terms used in this Sixth Amendment that are defined in the Composite Lease Agreement, the Special Facility Ground Lease Agreement and the Special Facility Lease Agreement shall have the respective meanings given to them in each agreement for all purposes of this Sixth Amendment.

SECTION 2. Modification of Composite Lease and Applicable Rent. The parties amend the Composite Lease Agreement to reflect the addition of (i) Parcel 26, as described in the attached description, and all improvements constructed on Parcel 26 prior to the effective date of this Amendment, including, without limitation, the Corporate Aviation Hangar, which initially had a building footprint area of approximately 35,070 square feet, (ii) Parcel 27, as described in the attached description, and all improvements constructed on Parcel 27 prior to the effective date of this Amendment, including, without limitation, Hangar 11, which initially had a building footprint area of approximately 58,265 square feet, Hangar 12, which initially had a building footprint area of approximately 117,306 square feet, office, shop and warehouse building space that supports the operation of Hangars 11 and 12, and paved aircraft parking ramp, paved ground support equipment staging space and paved vehicle parking space, and (iii) Parcel 28, as described in the attached description, and all improvements constructed on Parcel 28 prior to the effective date of this Amendment, including, without limitation, the East GSE Lot, which has an area of approximately 1,000,681 square feet. As of the Effective Date, the parties incorporate the attached descriptions of Parcel 26, Parcel 27 and Parcel 28 to be part of Exhibit “A” to the Composite Lease Agreement and the parties substitute the table attached to this Amendment for the table included as part of Exhibit “A” to the Composite Lease Agreement. The substitution of that table will accomplish the following:

(a) Effective as of July 1, 2014, the annual rent will be increased by an amount equal to the product achieved by multiplying the combined area of the building footprints of the Corporate Aviation Hangar and Hangars 11 and 12 (i.e., 210,641 square feet) by $1.4238 per square foot of building footprint area.

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(b) Effective as of July 1, 2014, the annual rent will be increased by an amount equal to the product achieved by multiplying the area of Parcel 28 (i.e., 1,000,681 square feet) by $0.1741 per square foot.

(c) The rent, as adjusted in accordance with the foregoing, will continue to be subject to adjustment in accordance with the terms of Section 2.03(a)(i) of the Composite Lease Agreement

SECTION 3. Remainder of Composite Lease in Effect. All other terms, provisions, conditions, covenants and agreements of the Composite Lease shall continue in full force and effect.

SECTION 4. Effective Dates of this Sixth Amendment. This Sixth Amendment shall become effective as of July 1, 2014.

IN WITNESS WHEREOF, the parties have caused their duly authorized representatives to execute this Sixth Amendment to the Composite Lease Agreement.

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Parcel 26 Legal Description

Parcel 26

Corporate Aviation Hangar

Description of a ground lease area formerly identified in the Special Facility Ground Lease Agreement dated July 1, 1993 as Parcel E, the Corporate Hangar site, and being a portion of the Memphis-Shelby County Airport Authority as recorded in Special Warranty Deed F5-5925; located in Memphis, Shelby County, Tennessee.

Beginning at a set iron pin in the south line of Democrat Road (60 foot from the centerline), said point being North 00 degrees 21 minutes 25 seconds East, 3989.53 feet from airport control system aluminum cap marked A/H 88, No.12; Thence across the Memphis-Shelby County Airport Authority property the following calls: South 00 degrees 52 minutes 54 seconds West, 535.00 feet to a set iron pin; South 66 degrees 24 minutes 54 seconds West, 241.34 feet to a set iron pin; North 23 degrees 41 minutes 49 seconds West, 226.03 feet to a set iron pin; North 24 degrees 03 minutes 28 seconds East, 93.03 feet to a set iron pin; North 63 degrees 00 minutes 21 seconds East, 9.97 feet to a set iron pin; North 00 degrees 52 minutes 54 seconds East, 338.97 feet to a set iron pin in the said south line of Democrat Road; Thence South 89 degrees 10 minutes 19 seconds East along said south line of Democrat Road, 268.26 feet to the point of beginning and containing 161,334 square feet or 3.704 acres by calculation.

[DIAGRAM]

Parcel 27 Legal Description

Parcel 27

Hangars11 and 12

Description of a ground lease area formerly identified in the Special Facility Ground Lease Agreement dated July 1, 1993, and being a portion of the Memphis-Shelby County Airport Authority property as recorded in Special Warranty Deed F5-5925, Parcel 1; located on the north side of Winchester Road and west of Tchulahoma Road in Memphis, Shelby County, Tennessee.

Commencing at the intersection of the projected centerline of Runway 27 and the west right-of-way line of Tchulahoma Road (106 foot wide right-of-way) with state plane coordinates of approximately N: 287511.24152 & E: 786451.50317; Thence North 85 degrees 42 minutes 12 seconds West, along the projected and centerline of Runway 27, a distance of 3,114.22 feet to a point; Thence southwestwardly being perpendicular to the centerline of Runway 27, South 4 degrees 17 minutes 48 seconds East, a distance of 795.47 feet to a set nail in cap being the TRUE POINT OF BEGINNING being the northeast corner of the following lease area:

Thence South 40 degrees 19 minutes 04 seconds East, along the east line of Hangars 11 and 12, also being a west line of Parcel 13, a distance of 407.82 feet to an angle point; Thence South 49 degrees 40 minutes 56 seconds West, along the east line of Hangars 11 and 12, also being a west line of Parcel 13, a distance of 301.48 feet to an angle point; Thence South 04 degrees 40 minutes 00 seconds East, along the east line of Hangars 11 and 12, also being a west line of Parcel 13, a distance of 623.21 feet to the southeast corner of said lease area in the north line of Winchester Road having a 99 foot wide right-of-way; Thence northwestwardly along the north line of Winchester Road, North 84 degrees 39 minutes 32 seconds West, a distance of 245.51 feet to an angle point; Thence continuing along said north line, North 85 degrees 43 minutes 50 seconds West, a distance of 718.16 feet to an angle point; Thence northwestwardly along the north line of Winchester Road, North 40 degrees 43 minutes 50 seconds West, a distance of 5.66 feet to an angle point; Thence continuing along said north line, North 85 degrees 43 minutes 50 seconds West, a distance of 55.17 feet to the southwest corner of said lease area; Thence northeastwardly along the west line of said lease area, North 4 degrees 43 minutes 51 seconds East, a distance of 534.76 feet to an angle point; Thence continuing along said west line, North 40 degrees 15 minutes 13 seconds West, a distance of 284.48 feet to an angle point; Thence continuing along said west line, North 04 degrees 01 minutes 24 seconds East, a distance of 386.06 feet to the northwest corner of said lease area; Thence South 85 degrees 43 minutes 01 seconds East, along the north line of said lease area, a distance of 476.55 feet to an angle point and the beginning of a painted white line; Thence southeastwardly along a new north lease line being along the alignment of a painted white line, South 83 degrees 13 minutes 07 seconds East, along a white line, a distance of 140.98 feet to an angle point; Thence South 85 degrees 39 minutes 44 seconds East, along a white line, a distance of 534.98 feet to the point of beginning and containing approximately 1,290,083 square feet or 29.6162 acres by calculation.

Parcel 27

[DIAGRAM]

Parcel 28 Legal Description

Parcel 28

East GSE Lot

Being a portion of the Memphis-Shelby County Airport Authority property located in Memphis, Shelby County, Tennessee.

Commencing at an iron pin in the west line of Tchulahoma Road (106 foot wide right-of-way) at the intersection of said west line with the projected centerline of Runway 27; Thence North 88 degrees 01 minutes 00 seconds West with said centerline, a distance of 70.82 feet; Thence North 01 degrees 59 minutes 00 seconds East perpendicular to said centerline, 705.05 feet to the point of beginning in the west line of said Tchulahoma Road (106 foot wide right-of-way), and the north line of the Runway 27 “clear zone” for the southeast corner of this parcel; Thence South 83 degrees 27 minutes 09 seconds West with the north line of said “clear zone”, 1093.37 feet to a point; Thence North 01 degrees 53 minutes 25 seconds East, 1654.37 feet to a point; Thence South 88 degrees 04 minutes 43 seconds East, 93.71 feet to a point in the west line of Tchulahoma Road; Thence southeastwardly along said line the following course and distances; Thence southeastwardly along a curve to the left having a radius of 1485.39 feet (central angle = 4 degrees 36 minutes 54 seconds, long chord bearing = South 31 degrees 06 minutes 09 seconds East, long chord distance = 119.61 feet) and arc distance of 119.64 feet to a point of tangency; Thence South 33 degrees 24 minutes 36 seconds East, 1293.39 feet to a point of curvature; Thence southeastwardly with said west line and with a curve to the right having a radius of 1379.39 feet, along the arc, (central angle = 15 degrees 51 minutes 40 seconds, long chord bearing = South 25 degrees 28 minutes 45 seconds East, long chord distance = 380.64 feet) an arc distance of 381.86 feet to the place of beginning containing 22.972 acres or 1,000,681 square feet, more or less.

[DIAGRAM]

EXHIBIT A to the Composite Lease Agreement as amended by the Sixth Amendment dated July 1, 2014