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1E (A Lessee's Site ID: Indian River Sea Oaks. No. 69022 Sublessee's Site ID: A2P0130A Verizon Vero Flagpole TRI-PARTY SUBLEASE AGREEMENT This Tri-Party Sublease Agreement ("Agreement") is made and entered into this 18 day of December , 2007 by and among INDIAN RIVER COUNTY, a political subdivision of the State of Florida, with a mailing address located a1801 27th Street, Vero Beach, Florida 32960, hereinafter designated "Owner", and VERIZON WIRELESS PERSONAL COMMUNICATIONS LP d/b/a Verizon Wireless, with its principal office located at One Verizon Way, Mail Stop 4AW 100, Basking Ridge, New Jersey 07920, hereinafter designated "Lessee", and T-MOBILE SOUTH LLC, a Delaware limited liability company, with its mailing address located at 12920 SE 38`x' Street, Bellevue, Washington 98006, hereinafter referred to as "Sublessee" . RECITALS WHEREAS, Owner is the owner of certain real property situated at 8865 N . Hwy. A I A, Vero Beach, Indian River County, Florida 32963 (hereinafter the "Property") . WHEREAS , Owner and Lessee entered into that certain Land Lease Agreement dated February 20, 2007 (hereinafter referred to as the "Prime Lease"), attached hereto as Exhibit 1 , whereby Lessee leased a portion of the Property legally described in the Prime Lease (herein the "Premises") for the purpose of constructing and operating a communications tower and facilities. WHEREAS , Sublessee desires to sublease from Lessee both ground space and tower space to install, maintain and operate a communications facility. WHEREAS, Section 32 of the Prime Lease requires any sublessee co-locating within the Premises to execute this Agreement. WHEREAS, this Agreement shall constitute Lessee's written notice to Owner of a sublease of the Premises as required by Section 32 of the Prime Lease. NOW, THEREFORE, for and in consideration of the covenants and conditions set forth herein, and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties hereto hereby agree as follows: 1 . The foregoing Recitals are true and correct and are incorporated herein by reference. 2 . Pursuant to Section 32 of the Prime Lease, Sublessee acypowledges and agrees that any sublease rent due under that certain Lease Supplement dated 2007, by and between Lessee and Sublessee, hereinafter referred to as the "Sublease", is to be split equally between Owner and Lessee and that Sublessee is obligated on the first ( I ') day of each month during the term of the Sublease to pay Owner for its fifty percent (50%) share of said