Commencement Agreement between 204 9th Avenue Partners, LLC and Franklin Synergy Bank

Contract Categories: Real Estate Lease Agreements
Summary

This agreement, dated February 14, 2019, is between 204 9th Avenue Partners, LLC (Landlord) and Franklin Synergy Bank (Tenant). It formally sets the start date of a previously signed office lease for property at 204 9th Avenue, Franklin, Tennessee, as February 22, 2019. All other terms of the original lease remain unchanged. Both parties have signed to confirm this amendment.

EX-10.6 6 fsb-ex106_77.htm EX-10.6 fsb-ex106_77.htm

Exhibit 10.6

 

EXHIBIT B

Form of Commencement Agreement

 

COMMENCEMENT AGREEMENT

 

THIS COMMENCEMENT AGREEMENT (this “Agreement”), made and entered into as of this 14th day of February, 2019, is by and between 204 9TH AVENUE PARTNERS, LLC, a Tennessee limited liability company, (“Landlord”), and FRANKLIN SYNERGY BANK, a Tennessee banking corporation (“Tenant”).

 

A.Tenant and Landlord entered into that certain Triple Net Office Lease Agreement dated _February 8, 2018 (the “Lease”), for certain improved real property municipally known as 204 9th Avenue located in Franklin, Williamson County, Tennessee, consisting of approximately 8,888 rentable square feet, being more particularly described in the Lease; and

 

B.The parties desire to precisely establish the Commencement Date as set forth below.

 

NOW, THEREFORE, in consideration of the mutual and reciprocal promises herein contained, and pursuant to Section 2 of the Lease, Tenant and Landlord hereby agree that the Lease is hereby modified as follows:

 

1.The term of the Lease by and between Landlord and Tenant actually commenced on _February 22, 2019 (the “Commencement Date”).

 

2.Except as modified and amended by this Agreement, the Lease shall remain in full force and effect.

 

IN WITNESS WHEREOF, Landlord and Tenant have caused this Agreement to be duly executed, as of the day and year first above written.

 

LANDLORD:

 

TENANT:

 

 

 

 

 

204 9TH AVENUE PARTNERS, LLC

 

FRANKLIN SYNERGY BANK

 

 

By:

/s/ Henry W Brockman, Jr.

 

By:

/s/ Christopher J. Black

 

 

 

 

 

Title:

President and Managing Partner

 

Title:

Executive Vice President and Chief Financial Officer