Proposed Signage. Landlord hereby agrees that Subtenant shall be permitted to install its name and/or logo (provided that in no event shall the same include an "Objectionable Name," as defined below) (i) on the existing Building monument sign, in a location designated by Landlord, in Landlord's sole and absolute discretion, and (ii) at the entrance to the Sublet Premises, specifically located on the left-hand wall once you pass through the vestibule of the Building. The terms of Section 9.5 of the Lease (including Landlord's right to approve the size, design and composition of such signage) and Section 22 of the Sublease (including Subtenant's responsibility for the entire cost of installing, maintaining and removing such signage) shall be applicable to such foregoing signage rights. In no event shall such above-referenced signage include, identify or otherwise refer to a name and/or logo which relates to an entity which is of a character or reputation, or is associated with a political faction or orientation, which is inconsistent with the quality of the Building, or which would otherwise reasonably offend a landlord of a comparable building (an "Objectionable Name"). The parties hereby agree that the name "Sutro BioPharma, Inc.," or any reasonable derivation thereof, shall not be deemed an Objectionable Name. Upon the expiration or earlier termination of the Sublease, Tenant shall, or shall cause Subtenant to, remove the above-referenced signage and shall cause the area in which such signage was located to be restored to the condition existing immediately prior to the installation of such signage. If such signage is not timely removed or areas in which such signage was located timely restored, as provided in the immediately preceding sentence, then Landlord may perform such work, and all costs incurred by Landlord in so performing shall be reimbursed to Landlord within thirty (30) days after Tenant's and/or Subtenant's receipt of an invoice therefor. The terms of this Section 4.8.2 shall survive the expiration or earlier termination of the Sublease and the Lease.
Proposed Signage. The extent of proposed signage area on the building facades is shown on the application drawings, and described as follows: Kerikeri Road Frontage: Signs with a collective surface area of 25.3 square metres. Kerikeri Road Frontage: One 55 inch (0.83 sqm) television screen behind a shopfront window. West Elevation (visible from Kerikeri Road): Signage of an area 16 square metres. Xxxxxx Avenue Frontage: 6 square metres on the east side elevation. A Shared Freestanding Sign is to be located within the property boundary on Kerikeri Road, which has been assessed for traffic safety by a traffic consultant within a previous resource consent covering the building and carparking on site. The Free Standing Sign is to be 12 square metres in area with its face perpendicular to the road. Other elements considered in preparation of this application include window cards within a shopfront for a Real Estate Office. These elements do not fit the definition of signage under the District Plan because they are within a shopfront, so are therefore excluded from this application. Their presence is indicated on the application drawings for information only, in the context of other signage which includes a television screen also within the shopfront. While the television screen is also within a shopfront, it is not exempt from the definition of signage as it will contain a moving message. None of the signs (apart from the television) are to be illuminated. Outdoor lighting may be directed toward the signage, but this lighting is to be directed away from the road and not toward the residential zoned site at the southern corner of the site.
