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FIRST AMENDMENT TO BUSINESS ASSISTANCE AGREEMENT FOR DUDA, INC. IN THE CITY OF LOUISVILLE THIS FIRST AMENDMENT TO BUSINESS ASSISTANCE AGREEMENT FOR DUDA, INC. IN THE CVY OF LOUISVILLE("First Amendment") is made and entered into as of the 3 r day of MG k ; 2020, between the CITY OF LOUISVILLE, a Colorado home rule municipal corporation (the "City"), and DUDA, INC. (the "Company"), a California corporation. WHEREAS, by Resolution No. 7, Series 2020, the City Council approved a Business Assistance Agreement for Duda, Inc. (the "Agreement") to provide certain business assistance in connection with tenant improvements associated with Company's office expansion (the "Project") at 1025 Cannon Street, Louisville, Colorado (the "Project Location"); and WHEREAS, the Company intends to expand their existing office space and make tenant improvements within an existing building at the Project Location; and WHEREAS, the Company plans for the Project to generate new quality jobs, including those that represent job diversity in a growing industry within the City; and WHEREAS, the Company's planned construction schedule for the expansion has been delayed, with completion now expected by December 31, 2020 instead of August 31, 2020; and WHEREAS, the City Council finds the execution of this First Amendment to extend the completion date and the period for building permit rebates and use tax rebates on construction materials will serve to provide benefit and advance the public interest and welfare of the City and its citizens by securing this economic development project within the City. NOW THEREFORE, in consideration of the mutual promises set forth below, the City and Company agree as follows: Section 1. Section 1 of the Agreement is hereby revised to read as follows (words to be deleted z+"; words to be added underlined): Building Permit Fee Rebates. The City shall rebate to the Company 50% of the building related permit fees for the Project, required under Louisville Municipal Code, section 15.04.050 and section 108.2 of the International Building Code as adopted by the City for the Project, for the period from execution of this Agreement and ending August 31, 2020 December 31, 2020. Page 1 of 2