Common use of Alternative Space Clause in Contracts

Alternative Space. if the Premises shall contain les than 5,000 square feet of space, Lessor shall have the option and right to amend this Lease and relocate Lessee to other office space of the approximate size of the Premises within the Building; it being specifically understood and agreed to by Lessee that if its Premises are located in whole or in part at any “connecting floor” location within the Building, Lessor shall have such right, in whole or in part, to relocate Lessee regardless of the size of its Premises. If Lessor exercises this right to relocate Lessee, any and all reasonable costs incident to said relocation shall be the responsibility of Lessor and shall be determined prior to such relocation. The Monthly Rental shall be increased or decreased pro rata based upon the difference in size between the Premises and such new office space.

Alternative Space. if If the Premises shall contain les less than 5,000 4,000 square feet of space, Lessor shall have the option and right to amend this Lease and relocate Lessee to other office space of the approximate size of the Premises within the Building; it being specifically understood and agreed to by Lessee that if its Premises are located in whole or in part at any “connecting floor” location within the Building, Lessor shall have such right, in whole or in part, to relocate Lessee regardless of the size of its Premises. If Lessor exercises this right to relocate Lessee, any and all reasonable costs incident to said relocation shall be the responsibility of Lessor and shall be determined prior to such relocation. The Monthly Rental shall be increased or decreased pro rata based upon the difference in size between the Premises and such new office space.