Common use of RELOCATION OF PREMISES Clause in Contracts

RELOCATION OF PREMISES. LANDLORD reserves the right to relocate the Premises to substantially comparable space within the immediate area. LANDLORD will give TENANT written notice of its intention to relocate the Premises, and TENANT will complete its relocation within one hundred twenty (120) days after LANDLORD'S notice. If TENANT does not wish to relocate its Premises, TENANT may terminate this Lease effective as of thirty (30) days after LANDLORD'S initial notice. Upon TENANT'S vacation and abandonment of the Premises, LANDLORD will pay to TENANT a sum equal to one monthly installment of the base monthly rent payable under this Lease, and will return the unused portion of the Security Deposit, and LANDLORD'S and TENANT'S obligations to each other will then end. If TENANT does relocate, then effective on the date of such relocation this Lease will be amended to reflect the terms and conditions of the new Lease for the new space. LANDLORD agrees to pay the reasonable costs of moving TENANT to the new space. WITNESS the following signatures and seals: LANDLORD: Pointer Ridge Office Investment, LLC Witness: Xxxxx Xxxx By: Xxxxxxxx X. Xxxxxxx --------------------------------------------- Printed Name: Xxxxx Xxxxxxx or Xxxxxxxx X. Xxxxxxx Date: 6/6/06 Witness: Xxxxx Xxxx By: /s/Xxxxxxx X. Xxxx --------------------------------------------- Printed Name: Xxxxxxx X. Xxxx Date: 6/6/06 TENANT: Old Line Bank Witness: Xxxxx Xxxxxxxxx By: Xxxxx X. Xxxxxxxxx --------------------------------------------- Printed Name: Xxxxx X. Xxxxxxxxx Title President Date: June 6, 2006 EXHIBIT A FLOOR PLAN/SITE PLAN SPACE DESCRIPTION The Premises that are the subject of this Lease contain approximately 11,053 square feet of rentable area on the 4'th floor in a building located at 0000 Xxxxxxx Xxxxx Xxxxx, Xxxxx, Xxxxxxxx 00000 or on property described as Pointer Ridge Office Building. The location of the Premises is as set forth on the floor plan and/or site plan that are attached hereto and incorporated herein, and the exact number of square feet of rentable space that is being leased by the Tenant is set forth on Exhibit B to the Lease. Xxxxxxx Xxxxx Xxxxxx Xxxxxxxx Xxxxxxx Xxxxx Place Bowie, Maryland EXHIBIT B TENANT'S CERTIFICATE Old Line Bank, having entered into a certain Lease Agreement dated June 6, 2006, by and between Old Line Bank as TENANT and Pointer Ridge Office Investment, LLC as LANDLORD, DOES HEREBY CERTIFY THAT [the terms used herein have the same meaning as are ascribed to such terms in the Lease Agreement]:

Appears in 1 contract

Samples: Lease Agreement (Old Line Bancshares Inc)

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RELOCATION OF PREMISES. LANDLORD reserves the right to relocate the Premises to substantially comparable space within the immediate area. LANDLORD will give TENANT written notice of its intention to relocate the Premises, and TENANT will complete its relocation within one hundred twenty (120) days after LANDLORD'S ’S notice. If TENANT does not wish to relocate its Premises, TENANT may terminate this Lease effective as of thirty (30) days after LANDLORD'S ’S initial notice. Upon TENANT'S ’S vacation and abandonment of the Premises, LANDLORD will pay to TENANT a sum equal to one monthly installment of the base monthly rent payable under this Lease, and will return the unused portion of the Security Deposit, and LANDLORD'S ’S and TENANT'S ’S obligations to each other will then end. If TENANT does relocate, then effective on the date of such relocation this Lease will be amended to reflect the terms and conditions of the new Lease for the new space. LANDLORD agrees to pay the reasonable costs of moving TENANT to the new space. WITNESS the following signatures and seals: LANDLORD: Pointer Ridge Office Investment, LLC Witness: Xxxxx Xxxx By: Xxxxxxxx X. /s/ Xxxxx Xxxxxxx --------------------------------------------- Printed Name: Xxxxx Xxxxxxx, President Xxxxxxx or Xxxxxxxx X. Xxxxxxx Enterprises, Inc. Property Manager Date: 6/6/06 Witness: Xxxxx Xxxx By: /s/Xxxxxxx X. Xxxx --------------------------------------------- Printed Name: Xxxxxxx X. Xxxx Date: 6/6/06 TENANT: Old Line Bank Witness: Xxxxx Xxxxxxxxx Xxxxxx X. Xxxxxxx By: /s/ Xxxxx X. Xxxxxxxxx --------------------------------------------- Printed Name: Xxxxx X. Xxxxxxxxx Title Title:President Date: June 6, 2006 12/29/2011 EXHIBIT A FLOOR PLAN/SITE PLAN SPACE DESCRIPTION The Premises that are the subject of this Lease contain approximately 11,053 2282.05 square feet of rentable area on the 4'th 1st floor in a building located at 0000 Xxxxxxx Xxxxx Xxxxx, Xxxxx, Xxxxxxxx 00000 or on property described as Pointer Ridge Office Building. The location of the Premises is as set forth on the floor plan and/or site plan that are attached hereto and incorporated herein, and the exact number of square feet of rentable space that is being leased by the Tenant is set forth on Exhibit B to the Lease. Xxxxxxx Xxxxx Xxxxxx Xxxxxxxx Xxxxxxx Xxxxx Place Bowie, Maryland EXHIBIT B TENANT'S CERTIFICATE Old Line BankBank , having entered into a certain Lease Agreement dated June 6, 2006, December 7,2011 by and between Old Line Bank _ as TENANT and Pointer Ridge Office Investment, LLC as LANDLORD, DOES HEREBY CERTIFY THAT [the terms used herein have the same meaning as are ascribed to such terms in the Lease Agreement]:

Appears in 1 contract

Samples: Lease Agreement (Old Line Bancshares Inc)

RELOCATION OF PREMISES. LANDLORD reserves the right to relocate the Premises to substantially comparable space within the immediate area. LANDLORD will give TENANT written notice of its intention to relocate the Premises, and TENANT will complete its relocation within one hundred twenty (120) days after LANDLORD'S ’S notice. If TENANT does not wish to relocate its Premises, TENANT may terminate this Lease effective as of thirty (30) days after LANDLORD'S ’S initial notice. Upon TENANT'S ’S vacation and abandonment of the Premises, LANDLORD will pay to TENANT a sum equal to one monthly installment of the base monthly rent payable under this Lease, and will return the unused portion of the Security Deposit, and LANDLORD'S ’S and TENANT'S ’S obligations to each other will then end. If TENANT does relocate, then effective on the date of such relocation this Lease will be amended to reflect the terms and conditions of the new Lease for the new space. LANDLORD agrees to pay the reasonable costs of moving TENANT to the new space. WITNESS the following signatures and seals: LANDLORD: Pointer Ridge Office Investment, LLC Witness: Xxxxx Xxxx __________________ By: Xxxxxxxx X. /s/ Fxxxx Xxxxxxx --------------------------------------------- Printed Name: Xxxxx Xxxxxxx or Xxxxxxxx X. Xxxxxxx Fxxxx Xxxxxxx, President Lxxxxxx Enterprises, Inc. Property Manager Date: 6/6/06 Witness: Xxxxx Xxxx By: /s/Xxxxxxx X. Xxxx --------------------------------------------- Printed Name: Xxxxxxx X. Xxxx Date: 6/6/06 12/29/2011 TENANT: Old Line Bank Witness: Xxxxx Xxxxxxxxx Jxxxxx X. Xxxxxxx By: Xxxxx /s/ Jxxxx X. Xxxxxxxxx --------------------------------------------- Printed Name: Xxxxx Jxxxx X. Xxxxxxxxx Title Title: President Date: June 6December 29, 2006 2011 EXHIBIT A FLOOR PLAN/SITE PLAN SPACE DESCRIPTION The Premises that are the subject of this Lease contain approximately 11,053 1731.82 square feet of rentable area on the 4'th 3rd floor in a building located at 0000 1000 Xxxxxxx Xxxxx Xxxxx, Xxxxx, Xxxxxxxx 00000 or on property described as Pointer Ridge Office Building. The location of the Premises is as set forth on the floor plan and/or site plan that are attached hereto and incorporated herein, and the exact number of square feet of rentable space that is being leased by the Tenant is set forth on Exhibit B to the Lease. Xxxxxxx Xxxxx Xxxxxx Xxxxxxxx Xxxxxxx Xxxxx Place Bowie, Maryland EXHIBIT B TENANT'S CERTIFICATE Old Line BankBank , having entered into a certain Lease Agreement dated June 6December 7, 2006, 2011 by and between Old Line Bank as TENANT and Pointer Ridge Office Investment, LLC as LANDLORD, DOES HEREBY CERTIFY THAT [the terms used herein have the same meaning as are ascribed to such terms in the Lease Agreement]:

Appears in 1 contract

Samples: Lease Agreement (Old Line Bancshares Inc)

RELOCATION OF PREMISES. LANDLORD reserves the right to relocate the Premises to substantially comparable space within the immediate area. LANDLORD will give TENANT written notice of its intention to relocate the Premises, and TENANT will complete its relocation within one hundred twenty (120) days after LANDLORD'S notice. If TENANT does not wish to relocate its Premises, TENANT may terminate this Lease effective as of thirty (30) days after LANDLORD'S initial notice. Upon TENANT'S vacation and abandonment of the Premises, LANDLORD will pay to TENANT a sum equal to one monthly installment of the base monthly rent payable under this Lease, and will return the unused portion of the Security Deposit, and LANDLORD'S and TENANT'S obligations to each other will then end. If TENANT does relocate, then effective on the date of such relocation this Lease will be amended to reflect the terms and conditions of the new Lease for the new space. LANDLORD agrees to pay the reasonable costs of moving TENANT to the new space. WITNESS the following signatures and seals: LANDLORD: Pointer Ridge Office Investment, LLC Witness: Xxxxx Xxxx By: /s/ Xxxxxxxx X. Xxxxxxx --------------------------------------------- ------------------------------------------- Printed Name: Xxxxx Xxxxxxx or Xxxxxxxx X. Xxxxxxx Date: 6/6/06 Witness: Xxxxx Xxxx By: /s//s/ Xxxxxxx X. Xxxx --------------------------------------------- ------------------------------------------- Printed Name: Xxxxxxx X. Xxxx Date: 6/6/06 TENANT: Old Line Bank Witness: Xxxxx Xxxxxxxxx By: Xxxxx X. Xxxxxxxxx --------------------------------------------- ------------------------------------------- Printed Name: Xxxxx X. Xxxxxxxxx Title President Date: June 6, 2006 6/6/06 EXHIBIT A FLOOR PLAN/SITE PLAN SPACE DESCRIPTION The Premises that are the subject of this Lease contain approximately 11,053 5,449 square feet of rentable area on the 4'th 3rd floor in a building located at 0000 Xxxxxxx Xxxxx Xxxxx, Xxxxx, Xxxxxxxx 00000 or on property described as Pointer Ridge Office Building. The location of the Premises is as set forth on the floor plan and/or site plan that are attached hereto and incorporated herein, and the exact number of square feet of rentable space that is being leased by the Tenant is set forth on Exhibit B to the Lease. Xxxxxxx Xxxxx Xxxxxx Xxxxxxxx Xxxxxxx Xxxxx Place Bowie, Maryland EXHIBIT B TENANT'S CERTIFICATE Old Line Bank, having entered into a certain Lease Agreement dated June 6, 2006, by and between Old Line Bank as TENANT and Pointer Ridge Office Investment, LLC as LANDLORD, DOES HEREBY CERTIFY THAT [the terms used herein have the same meaning as are ascribed to such terms in the Lease Agreement]:.

Appears in 1 contract

Samples: Lease Agreement (Old Line Bancshares Inc)

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RELOCATION OF PREMISES. LANDLORD reserves the right to relocate the Premises to substantially comparable space within the immediate area. LANDLORD will give TENANT written notice of its intention to relocate the Premises, and TENANT will complete its relocation within one hundred twenty (120) days after LANDLORD'S notice. If TENANT does not wish to relocate its Premises, TENANT may terminate this Lease effective as of thirty (30) days after LANDLORD'S initial notice. Upon TENANT'S vacation and abandonment of the Premises, LANDLORD will pay to TENANT a sum equal to one monthly installment of the base monthly rent payable under this Lease, and will return the unused portion of the Security Deposit, and LANDLORD'S and TENANT'S obligations to each other will then end. If TENANT does relocate, then effective on the date of such relocation this Lease will be amended to reflect the terms and conditions of the new Lease for the new space. LANDLORD agrees to pay the reasonable costs of moving TENANT to the new space. WITNESS the following signatures and seals: LANDLORD: Pointer Ridge Office Investment, LLC Witness: Xxxxx Xxxx Kerry Doss By: Xxxxxxxx X. Xxxxxxx --------------------------------------------- /s/ Kathleen M. Stewart ------------------------------------------ Printed Name: Xxxxx Xxxxxxx Frank Lucente or Xxxxxxxx X. Xxxxxxx DateKathleen M. Stewart Dxxx: 6/6/06 Witness0/0/00 Witxxxx: Xxxxx Xxxx By: /s/Xxxxxxx X. Xxxx --------------------------------------------- /s/ Michael M. Webb ------------------------------------------ Printed Name: Xxxxxxx X. Xxxx Michael M. Webb Date: 6/6/06 TENANT: Old Line Bank Witness: Xxxxx Xxxxxxxxx Robin Cottmeyer By: Xxxxx X. Xxxxxxxxx --------------------------------------------- /s/ James W. Cornelsen ------------------------------------------ Printed Name: Xxxxx X. Xxxxxxxxx Title James W. Cornelsen Title: President Date: June 6, 2006 EXHIBIT A FLOOR PLAN/SITE PLAN SPACE DESCRIPTION The Premises that are the subject of this Lease contain approximately 11,053 2,557 square feet of rentable area on the 4'th 1'st floor in a building located at 0000 Xxxxxxx Xxxxx Xxxxx1525 Pointer Ridge Place, XxxxxBowie, Xxxxxxxx 00000 Maryland 20716 or on property described as Pointer Ridge Office Buildingdescrxxxx xx Xxxxxxx Xxxxx Xxxxxx Xxxxxxxx. The location Xxx xxxxtion of the Premises is as set forth on the floor plan and/or site plan that are attached hereto and incorporated herein, and the exact number of square feet of rentable space that is being leased by the Tenant is set forth on Exhibit B to the Lease. Pointer Ridge Office Building Xxxxxxx Xxxxx Xxxxxx Xxxxx Xxxxx, Xxxxxxxx Xxxxxxx Xxxxx Place Bowie, Maryland EXHIBIT B TENANT'S CERTIFICATE Old Line BankBank , having entered into a certain Lease Agreement dated June 6, 2006, by and between Old Line Bank as TENANT and Pointer Ridge Office Investment, LLC as LANDLORD, DOES HEREBY CERTIFY THAT [the terms used herein have the same meaning as are ascribed to such terms in the Lease Agreement]:

Appears in 1 contract

Samples: Lease Agreement (Old Line Bancshares Inc)

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