THIS LEASE is made in Worcester, Massachusetts effective on the Date of Lease stated in Article 1 between the Landlord and the Tenant named in Article 1. In consideration of the Rent payable by Tenant and of the agreements to be performed and observed by Tenant, Landlord hereby leases the Premises to Tenant, and Tenant hereby takes the Premises from Landlord, subject to the provisions and for the term stated below:
Area C. Area C is located on the first floor of the Building substantially as shown on the Lease Plan and has a Rentable Area of 4,404 square feet. Tenant agrees to give Landlord notice of the Design Start Date with respect to Area C on or before October 31, 1996. Except for Unavoidable Delays or delays attributable solely to Landlord, and without regard to the date on which Tenant gives notice of the Design Start Date with respect to Area C, Tenants obligation to pay Basic Rent with respect to Area C will begin on the earliest to occur of (i) the Substantial Completion Date with respect to Area C, (ii) the date on which Tenant occupies Area C for the Permitted Use, or (iii) December 31, 1996.