The Base Sample Clauses
The Base. Rent during the period between the date of Tenant's notice of exercise and the date of closing will be at the same rate as the Base Rent in the last month of the initial Term.
The Base. Salary shall thereafter be increased annually at the greater of (i) five percent (5%) or (ii) such other increase as may be approved by the Board of Directors. The Base Salary shall be payable to Employee on a bi-weekly basis, in accordance with the Company's standard policies for management personnel.
The Base. Rent for the first year of the second renewal term, as determined in this Paragraph 5.4, shall be adjusted September of each year of the second renewal term beginning with September 1, 2018, in the same manner as the Base Rent is adjusted in the Lease except that the denominator of the fraction used for adjusting the Base Rent during the second renewal term shall be the semi-annual CPI-U for the period ending June of 2017 for Seattle.