Additional Premises Term. A. The Term with respect to the demise of the Additional Premises to Tenant (the “Additional Premises Term”) shall (a) commence on the date (the “Additional Premises Commencement Date”) which is the later to occur of: (i) the date on which Landlord substantially completes the Landlord Work (or, if there occurs any Tenant Delay (hereinafter defined), the date by which Landlord would have substantially completed the Landlord Work but for such Tenant Delay), or (ii) March 1, 2009, and (b) expire on February 28, 2011, unless earlier terminated in accordance with the terms and conditions of the Lease. The parties acknowledge and agree that the Additional Premises Term ends on the Expiration Date of the Original Lease. B. If Landlord shall be delayed in substantially completing the Landlord Work, as a result of any act, neglect, failure or omission of Tenant, its employees or agents, including any of the following, such delay shall be deemed a “Tenant Delay”: (i) Tenant’s failure, within three (3) business days after Landlord request therefor, to provide Landlord with any other information reasonably requested by Landlord for the purpose of completing the Landlord Work; or (ii) Tenants failure, within thirty (30) days after Landlord’s request therefor, to deconstruct furniture systems and to move the furniture from the Additional Premises. In any such event, such delay or delays shall not postpone or defer the Additional Premises Commencement Date, or Tenant’s obligation to pay Additional Premises Monthly Base Rent (hereinafter defined) as of the Additional Premises Commencement Date, but the Additional Premises Commencement Date shall occur on the day when it would otherwise have occurred if such delay or delays had not occurred.
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Sources: Office Lease (Chimerix Inc), Office Lease (Chimerix Inc)