Common use of Unauthorized Parking Clause in Contracts

Unauthorized Parking. In addition to all the rights and remedies of Licensor hereunder, Licensor and Licensee agree to the provisions of this Section. Licensor, at its option, has the right to notify Licensee of the unauthorized use by Licensee's employee(s) of either of the following (each, an "Unauthorized Use"): (i) parking in areas outside the Licensed Area; or (ii) parking in the Licensed Area at times other than the permitted hours; or (iii) using the Licensed Area or any other portion of the Property for uses other than as permitted under Section 7 of this Agreement. Upon the second notice in any twelve (12) month period from Licensor to Licensee of Unauthorized Use, the Base Fee shall be increased to the Unauthorized Use Rate, which Unauthorized Use Rate shall continue from the date of the second notice until such time as Licensee has demonstrated to Licensor that such Unauthorized Use has been discontinued for at least four (4) full consecutive weeks, provided, however, such Unauthorized Use Rate shall be payable for not less than one (I) full month. In addition, Licensee shall at all times use good faith efforts to prevent those parties affiliated with Licensee (including without limitation Licensee's guests and patrons) who are not permitted to use the Licensed Area under the terms of this Agreement from parking within the Licensed Area. This Section shall survive the termination of this Agreement and the Revocable Parking License. Executed as a sealed instrument as of the date first written above. LICENSOR: 180 ▇▇▇▇▇ Realty LLC By: Intrum Corp., Manager By: _______________________ ▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇, President LICENSEE: CyberArk Software, Inc. By: ________________________________________________________ ▇▇▇▇ ▇▇▇▇▇▇, President and CEO duly authorized By: ________________________________________________________ ▇▇▇▇ ▇▇▇▇▇-▇▇▇▇▇▇▇▇▇, Vice President Finance, Americas, duly authorized

Unauthorized Parking. In addition to all the rights and remedies of Licensor hereunder, Licensor and Licensee agree to the provisions of this Section. Licensor, at its option, has the right to notify Licensee of the unauthorized use by Licensee's employee(s) of either of the following (each, an "Unauthorized Use"): (i) parking in areas outside the Licensed Area; or (ii) parking in the Licensed Area at times other than the permitted pennitted hours; or (iii) using the Licensed Area or any other portion of the Property for uses other than as permitted under Section 7 of this Agreement. Upon the second notice in any twelve (12) month period from Licensor to Licensee of Unauthorized Use, the Base Fee shall be increased to the Unauthorized Use Rate, which Unauthorized Use Rate shall continue from the date of the second notice until such time as Licensee has demonstrated to Licensor that such Unauthorized Use has been discontinued for at least four (4) full consecutive weeks, provided, however, such Unauthorized Use Rate shall be payable for not less than one (I) full month. In addition, Licensee shall at all times use good faith efforts to prevent those parties affiliated with Licensee (including without limitation Licensee's guests and patrons) who are not permitted to use the Licensed Area under the terms of this Agreement from parking within the Licensed Area. This Section shall survive the termination of this Agreement and the Revocable Parking License. Executed as a sealed instrument as of the date first written above. LICENSOR: 180 ▇▇▇▇▇ Realty LLC By: Intrum Corp., Manager By: _______________________ ▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇, President LICENSEE: CyberArk Software, Inc. By: ________________________________________________________ ▇▇▇▇ ▇▇▇▇▇▇, President and CEO duly authorized By: _________________________________________________________ ▇▇▇▇ ▇▇▇▇▇-▇▇▇▇▇▇▇▇▇, Vice President Finance, Americas, duly authorizedauthorized This REVOCABLE PARKING LICENSE AGREEMENT ("Agreement") is entered as of this day of , 20 by and between 180 ▇▇▇▇▇ Realty LLC, a Massachusetts limited liability company with an address of ▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇, Suite 100, Newton, Massachusetts 02459 ("Licensor") and CyberArk Software, Inc., having an address at ▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇, Suite 102, Newton, Massachusetts 02459 ("Licensee").