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SUBLEASE AGREEMENT Re: Office Space, 1305 S. Cannon Blvd. Kannapolis, Cabarrus County, NC This Sublease Agreement (the "Sublease") is made as of July 1, 2004, by and between CABARRUS COUNTY, a political subdivision of the state of North Carolina ("Sublessor"), with its principle place of business at 65 Church Street, SE, Concord, NC 28025, and Cabarrus Health Alliance, ("Subtenant"), whose principle address is 1307 S. Cannon Blvd., Kannapolis, NC 28083. 1. Relationship of Parties. Sublessor leases from Kannapolis Land, Inc. ("Prime Lessor") certain property located at 1307 South Cannon Boulevard, Kannapolis, North Carolina, a portion of which the Subtenant wishes to sublease from Sublessor in accordance with the terms and conditions of this Sublease. 2. Description of Leased Premises. Sublessor hereby subleases to Subtenant, "as is", approximately 33,889 square feet of existing office space (the "Premises"). The Premises are more clearly set forth in Exhibit A~ attached hereto and incorporated herein. The Premises are within the building (the "Building") on the real property as more fully illustrated and the legal description of which is included in Exhibit A. (The Premises, the Building and the real property on which they are located may from time to time be collectively or singularly referred to herein as the "Land"). The Premises contain the fixtures, improvements and other real or personal property now installed on the Premises plus any future permitted modifications, alterations and improvements thereto. 3. Lease Term. The initial term of this Sublease shall begin on July 1, 2004 and shall continue through June 30, 2005 (the "Initial Term"), unless sooner terminated pursuant to the terms hereof. Provided Subtenant is not in default hereunder, Subtenant shall have the option to extend the Initial Term of this Lease for one consecutive renewal term of one (1) year, beginning July 1, 2005 through June 30, 2006 ("First Renewal Term") and one additional consecutive renewal term of eleven (11) months, beginning July 1, 2006 through May 31, 2007 ("Second Renewal Term") on the same terms and conditions as set forth herein, provided Subtenant notifies Sublessor in writing of its intent to enter into the respective renewal term(s) at least one hundred and twenty (120) days prior to the end of the then current sublease term. In the event of holding over by Subtenant without Sublessor's written consent, Subtenant shall pay Rent equal to twice the applicable Rent and Additional Rent plus other sums due from time to time hereunder. Possession by Subtenant after the expiration of this Sublease shall not be construed to extend the last term hereunder. 4. Basic Rent. Subtenant agrees to pay to Sublessor basic rent ("Rent") for the use of the Premises during the Initial Term in the aggregate amount of One Hundred Ninety Thousand Two Hundred Eight Five Dollars and No/One Hundredths Cents ($190,2'85.00). Provided that Subtenant is not in default hereunder, Subtenant shall be permitted to pay the Rent for the Initial Term in twelve (12) equal monthly installments of $15,857.09 each, such payments due and payable in advance on the first day of each month beginning July 1, 2004.