Common use of OPTION CONSIDERATION Clause in Contracts

OPTION CONSIDERATION. Tenant will pay consideration through: (Check one) ☐ A portion of the monthly rent. As consideration for the Option to Purchase, Tenant acknowledges that Tenant is paying consideration to Landlord in the form of nonrefundable rent at the agreed upon monthly amount set forth in this Agreement. Unless otherwise stated in this Agreement, this amount is nonrefundable to Tenant. Credit (Check if applicable) ☐ Provided that the Tenant timely exercises the Option to Purchase, is not in default of this Agreement and closes the conveyance of the Premises as set forth in this Agreement (the “Closing”), $__________ from each monthly lease payment that Tenant timely made prior to the Closing shall be credited towards the Purchase Price at the Closing. ☐ A nonrefundable upfront fee. As consideration for the Option to Purchase, Tenant agrees to pay to Landlord a nonrefundable fee of $__________ (the “Option Fee”) at the execution of this Agreement. Unless otherwise stated in this Agreement, the option payment is nonrefundable to Tenant. Provided that the Tenant timely exercises the Option to Purchase, is not in default of this Agreement and closes the conveyance of the Premises as set forth in this Agreement (the “Closing”): (Check all that apply) ☐ The Option Fee shall be credited against the Purchase Price at the Closing. ☐ $__________ of the Option Fee shall be credited against the Purchase Price at the Closing. ☐ $__________ from each monthly lease payment that Tenant timely made prior to the Closing shall be credited towards the Purchase Price at the Closing.

OPTION CONSIDERATION. Tenant will (a) Clearwire shall pay consideration through: (Check one) ☐ A portion to HITN the sum of the monthly rent. As consideration for the Option to Purchaseamounts listed beside each Market on Annex I hereto, Tenant acknowledges that Tenant is paying consideration to Landlord in the form totaling an aggregate of nonrefundable rent at the agreed upon monthly amount set forth in this Agreement. Unless otherwise stated in this Agreement, this amount is nonrefundable to Tenant. Credit (Check if applicable) ☐ Provided that the Tenant timely exercises the Option to Purchase, is not in default of this Agreement and closes the conveyance of the Premises as set forth in this Agreement *** (the “Closing”), $__________ from each monthly lease payment that Tenant timely made prior to the Closing "Option Consideration") of which (i) *** shall be credited towards the Purchase Price at the Closing. ☐ A nonrefundable upfront fee. As consideration for the Option advanced to Purchase, Tenant agrees to pay to Landlord a nonrefundable fee of $__________ HITN within twenty four (the “Option Fee”24) at hours following the execution of this AgreementAgreement by all of the Parties hereto ("Cash Consideration"), and (ii) *** shares of Class A Common Stock issued at an agreed upon value of $1.00 per share ("Equity Consideration") which shall be issued upon being "earned". Unless otherwise stated in this AgreementThe Option Consideration for each Market shall not be determined to be "earned" by HITN until the FCC grants the FCC License for such Market to HITN pursuant to a Pending Application. If, however, FCC Licenses have been granted to HITN covering fifty percent (50%) or more of the option payment is nonrefundable to TenantCPOPs listed on Annex I ("50% Grant"), then Option Consideration for all of the Markets shall be deemed "earned". Provided that To the Tenant timely exercises extent the Option Consideration has not been "earned", then such Option Consideration shall be subject to Purchaserefund as provided in Section 1.06. (b) At the time that HITN provides the Option Notice, is not in default HITN shall also provide Clearwire with a written notice of this Agreement and closes its election as to have the conveyance of Option Consideration for the Premises applicable Market(s) to which the Option Notice applies as set forth on Annex I be the Cash Consideration and/or the Equity Consideration, or a combination of Cash Consideration and Equity Consideration. If HITN elects to apply a portion of the Cash Consideration to the Option Consideration for such Market, then such amount shall no longer be subject to refund as provided in this Agreement (Section 1.06. If HITN elects to apply all or a portion of the “Closing”): (Check all Equity Consideration to the Option Consideration for such Market, then Clearwire shall issue that apply) ☐ The Option Fee shall be credited against the Purchase Price at the Closing. ☐ $__________ number of shares equal to that portion of the Option Fee Consideration for such Market as elected by HITN at a value of $1.00 per shares (for example, if HITN elects to receive Equity Consideration for the Alamosa, CO market, then Clearwire would issue 2,800 share of Class A Common Stock to HITN for such Market). At such time as the 50% Grant shall be credited against have occurred, then Clearwire shall issue the Purchase Price at the Closing. ☐ $__________ from each monthly lease payment that Tenant timely made prior remaining Equity Consideration, if any, to the Closing shall be credited towards the Purchase Price at the ClosingHITN.

OPTION CONSIDERATION. Tenant will pay consideration through: (Check one) ☐ A portion of the monthly rent. As In consideration for the Purchase Option, and as an initial deposit for the purchase of the Station Assets, Buyer shall pay to Seller, within one business day after the date hereof, (i) by wire transfer of immediately available funds to an account designated by Seller, $50,000 (the "Option Payment"), and (ii) by wire transfer of immediately available funds to Purchasean account designated by J▇▇▇ ▇▇▇▇▇▇ & Co., Tenant acknowledges LLC, acting as Escrow Agent, $200,000 (the "Initial Deposit"), for a total of $250,000. The Escrow Deposit shall be held pursuant to the terms of an Escrow Agreement, a copy of which is attached hereto as Exhibit B. In the event that Tenant is paying consideration to Landlord Buyer does not exercise the Purchase Option within the Option Period, or in the form of nonrefundable rent at event that Buyer notifies Seller that Buyer intends to terminate this Agreement without exercising the agreed upon monthly amount set forth in this Agreement. Unless otherwise stated in this AgreementPurchase Option, this amount is nonrefundable to Tenant. Credit (Check if applicable) ☐ Provided that the Tenant timely exercises Buyer shall forfeit, and Seller shall retain, the Option Payment, and shall within one business day execute escrow instructions instructing the Escrow Agent to Purchaserefund the Initial Deposit, is not and any interest accrued thereon, to Buyer by wire transfer of immediately available funds to an account designated by Buyer. Seller acknowledges and agrees that in default of this Agreement and closes such event, the conveyance retention of the Premises Option Payment by Seller shall be Seller's sole and exclusive compensation for Buyer's election not to exercise the Purchase Option, and that Seller shall not be entitled to any other remedy of any kind, at law or in equity, for such election by Buyer. In the event that Buyer does exercise the Purchase Option, the Option Payment and the Initial Deposit shall be applied towards the Purchase Price as set forth in this Agreement (the “Closing”), $__________ from each monthly lease payment that Tenant timely made prior to the Closing shall be credited towards the Asset Purchase Price at the Closing. ☐ A nonrefundable upfront fee. As consideration for the Option to Purchase, Tenant agrees to pay to Landlord a nonrefundable fee of $__________ (the “Option Fee”) at the execution of this Agreement. Unless otherwise stated in this Agreement, the option payment is nonrefundable to Tenant. Provided that the Tenant timely exercises the Option to Purchase, is not in default of this Agreement and closes the conveyance of the Premises as set forth in this Agreement (the “Closing”): (Check all that apply) ☐ The Option Fee shall be credited against the Purchase Price at the Closing. ☐ $__________ of the Option Fee shall be credited against the Purchase Price at the Closing. ☐ $__________ from each monthly lease payment that Tenant timely made prior to the Closing shall be credited towards the Purchase Price at the Closing.

OPTION CONSIDERATION. Tenant will pay consideration through: (Check one) ☐ A portion Simultaneous with the execution of the monthly rent. As consideration for the this Option to Purchase, Tenant acknowledges that Tenant is paying consideration Tenant/Buyer has paid the sum of Dollars ($ ) as a non-refundable option fee. In addition to Landlord this cash payment, the Tenant/▇▇▇▇▇ agrees to make, to the owner's reasonable satisfaction, any and all repairs or improvements to the property as part of the option consideration. All labor and materials necessary to complete the above repairs and improvements shall be at the expense of the Tenant/Buyer. Owner reserves the right to approve materials for inclusion in the form property. Tenant/Buyer will pick-up or arrange for delivery of nonrefundable rent at said materials. All materials attached to the agreed upon monthly amount set forth property shall become part of the property and shall not be removed by the Tenant/Buyer whether paid for by the Tenant/Buyer or by the Owner. This option consideration, when paid and completed, gives the Tenant/Buyer the right and option to purchase the property within the option period as outlined in this Agreement. Unless otherwise stated clause (2) above, in this Agreement, this amount is nonrefundable to Tenant. Credit (Check if applicable) ☐ Provided that accordance with the Tenant timely exercises the Option to Purchase, is not in default provisions of this Agreement agreement. When option fee is paid and closes the conveyance of the Premises as set forth in this Agreement above-listed improvements are fully completed, an amount equal to dollars (the “Closing”), $__________ from each monthly lease payment that Tenant timely made prior to the Closing shall be credited towards the Purchase Price at the Closing. ☐ A nonrefundable upfront fee. As consideration for the Option to Purchase, Tenant agrees to pay to Landlord a nonrefundable fee of $__________ (the “Option Fee”$ ) at the execution of this Agreement. Unless otherwise stated in this Agreement, the option payment is nonrefundable to Tenant. Provided that the Tenant timely exercises the Option to Purchase, is not in default of this Agreement and closes the conveyance of the Premises as set forth in this Agreement (the “Closing”): (Check all that apply) ☐ The Option Fee shall be credited against the Purchase Price at the Closing. ☐ $__________ purchase price of the Option Fee property if the Tenant/Buyer elects to exercise the option and purchase the property; however, no part of the option fee nor Tenant/Buyer's expenses for materials or labor shall be credited against refundable in the Purchase Price at event that the ClosingTenant/Buyer elects not to exercise the Option to Purchase. ☐ $__________ Work or repairs undertaken by the Tenant will be undertaken only if the Tenant is competent and qualified to perform said repairs. Tenant will be responsible to assure that all work is performed in a safe manner consistent with applicable codes and ordinances, whether by the Tenant or by persons hired by or otherwise authorized by the Tenant. ▇▇▇▇▇▇ further agrees that any person or persons performing work will be responsible for obtaining insurance. Tenant will hold the Owner and the Owner's agents free from each monthly lease payment that Tenant timely made prior harm, litigation, and/or claims from any and all persons arising from work or repairs performed on the premises. Tenant/buyer has been given the opportunity to have the Closing shall be credited towards property inspected and by signing this agreement, agrees to accept the Purchase Price at the Closingproperty in “as-is” condition.