BTFL
This sublease agreement ("Sublease Agreement"), entered into this 1st day
of January, 2015 is made between 5110 RACE, LLC a Colorado limited liability
company ("Lessor" or "Sublandlord") and Monarch America, Inc. a Colorado
corporation ("Subtenant") for the period beginning January 1, 2015 and ending
March 31, 2019 (the "Sublease Term") for the premises located at 1150 W Custer
Place, Denver, Colorado 80223 (the "Premises").