Common use of Rental Clause in Contracts

Rental. 3. Beginning on (“Rent Commencement Date”), Tenant agrees to pay Landlord (or its Agent as directed by Landlord), without notice, demand, deduction or set off, an annual rental of $ , payable in equal monthly installments of $ , in advance on the first day of each calendar month during the term hereof. Upon execution of this Lease, Tenant shall pay to Landlord the first monthly installment of rent due hereunder. Rental for any period during the term hereof which is less than one month shall be the pro-rated portion of the monthly installment of rental due, based upon a 30 day month.  If this box is checked, the annual rental payable hereunder (and accordingly the monthly installments) shall be adjusted every Lease Year Anniversary by % over the amount then payable hereunder. In the event renewal of this Lease is provided for in paragraph 2 hereof and effectively exercised by Tenant, the rental adjustments provided herein shall apply to the term of the Lease so renewed, or  If this box is checked, the annual rental payable hereunder (and accordingly the monthly installments) shall be adjusted every Lease Year Anniversary by the greater of: (i) percent ( %) over the amount then payable hereunder, or, (ii) the percentage increase (but not any decrease) in the numerical index of the “Consumer Price Index for All Urban Consumers” (1982-84 = 100) published by the Bureau of Labor Statistics of the United States Department of Labor (“CPI”) for the immediately preceding twelve (12) month period over the amount then payable hereunder.  If this box is checked, the annual rental payable hereunder (and accordingly the monthly installments) shall be adjusted every Lease Year Anniversary by $ over the amount then payable hereunder. In the event renewal of this Lease is provided for in paragraph 2 hereof and effectively exercised by Tenant, the rental adjustments provided herein shall apply to the term of the Lease so renewed,  If this box is checked, Tenant shall pay all rental to Landlord’s Agent at the following address:

Rental. 3. Beginning on (“Rent Commencement Date”), Tenant agrees to pay Landlord (or its Agent as directed by Landlord), without notice, demand, deduction or set off, an annual rental of $ , payable in equal monthly installments of $ , in advance on the first day of each calendar month during the term hereof. Upon execution of this Lease, Tenant shall pay to Landlord the first monthly installment of rent due hereunder. Rental for any period during the term hereof which is less than one month shall be the pro-rated portion of the monthly installment of rental due, based upon a 30 day month.  If this box is checked, the annual rental payable hereunder (and accordingly the monthly installments) shall be adjusted every Lease Year Anniversary by % over the amount then payable hereunder. In the event renewal of this Lease is provided for in paragraph 2 hereof and effectively exercised by Tenant, the rental adjustments provided herein shall apply to the term of the Lease so renewed, or  If this box is checked, the annual rental payable hereunder (and accordingly the monthly installments) shall be adjusted every Lease Year Anniversary by the greater of: (i) percent ( %) over the amount then payable hereunder, or, (ii) the percentage increase (but not any decrease) in the numerical index of the “Consumer Price Index for All Urban Consumers” (1982-84 = 100) published by the Bureau of Labor Statistics of the United States Department of Labor (“CPI”) for the immediately preceding twelve (12) month period over the amount then payable hereunder.  If this box is checked, the annual rental payable hereunder (and accordingly the monthly installments) shall be adjusted every Lease Year Anniversary by $ over the amount then payable hereunder. In the event renewal of this Lease is provided for in paragraph 2 hereof and effectively exercised by Tenant, the rental adjustments provided herein shall apply to the term of the Lease so renewed,  If this box is checked, Tenant shall pay all rental to Landlord’s Agent at the following address:: LATE CHARGES

Rental. 3. Beginning on (“Rent Commencement Date”), Tenant agrees shall pay to pay Landlord (or its Agent as directed by Landlord), without notice, demand, deduction or set off, for the use and occupancy of the ------ Demised Premises during the first year of Initial Term an initial annual rental of $ $9.75 per square foot, payable in equal monthly installments of $ , $6,402.50 in advance on or before the first day of each calendar and every month during beginning on the term hereofCompletion Date. Upon execution During the remainder of this Leasethe Lease Term, base rent shall increase by three percent per year, effective on each 12-month anniversary date of the Completion Date. All rental payments provided herein shall be payable to Landlord, until notice to the contrary is given by Landlord. Tenant shall have no right to offset against rent hereunder. Any payment of rent not received on or before the first day of the month shall incur a late fee equal to fifty dollars ($50.00). In addition, any amounts of rent not paid when due hereunder shall bear interest at the rate of ten percent (10%) per annum from the date due until paid in full. As security for the faithful performance by Tenant throughout the term, and any extensions or renewals thereof, of all the terms and conditions of the Lease on the part of Tenant, Tenant shall deposit with Landlord the sum of $6,402.50 (the "Security Deposit") on the date Tenant executes and delivers this Lease to Landlord. Such amount shall be returned to Tenant, without interest, after the expiration of the Lease Term, provided Tenant has fully and faithfully observed and performed all of the terms, covenants, agreements, warranties and conditions hereof on its part to be observed and performed. Landlord shall have the right to apply all or any part of the Security Deposit toward the cure of any default of Tenant. If all or any part of said security deposit is so applied by Landlord, then Tenant shall immediately pay to Landlord an amount sufficient to return said security deposit to the first monthly installment of rent due hereunder. Rental for any period during the term hereof which is less than one month balance on deposit with Landlord prior to said application, Neither Landlord nor its agents shall be required to keep the pro-rated portion Security Deposit separate from their general accounts, it being agreed that the Security Deposit may be commingled with other funds of Landlord or of its agents. It is further agreed and acknowledged by Tenant that Landlord or its agents shall have the monthly installment of rental dueright to deposit the Security Deposit in an interest- bearing account, based upon a 30 day monthand all interest accrued on the Security Deposit shall belong to Landlord and will be retained by Landlord as its property.  If this box is checked, the annual rental payable hereunder (and accordingly the monthly installments) shall be adjusted every Lease Year Anniversary by % over the amount then payable hereunder. In the event renewal of this Lease is provided for in paragraph 2 hereof and effectively exercised by Tenant, the rental adjustments provided herein shall apply to the term of the Lease so renewed, or  If this box is checked, the annual rental payable hereunder (and accordingly the monthly installments) shall be adjusted every Lease Year Anniversary by the greater of: (i) percent ( %) over the amount then payable hereunder, or, (ii) the percentage increase (but not any decrease) in the numerical index of the “Consumer Price Index for All Urban Consumers” (1982-84 = 100) published by the Bureau of Labor Statistics of the United States Department of Labor (“CPI”) for the immediately preceding twelve (12) month period over the amount then payable hereunder.  If this box is checked, the annual rental payable hereunder (and accordingly the monthly installments) shall be adjusted every Lease Year Anniversary by $ over the amount then payable hereunder. In the event renewal of this Lease is provided for in paragraph 2 hereof and effectively exercised by Tenant, the rental adjustments provided herein shall apply to the term of the Lease so renewed,  If this box is checked, Tenant shall pay all rental to Landlord’s Agent at the following address:5.

Rental. 3. Beginning on (“Rent Commencement Date”), Tenant agrees to pay Landlord (or its Agent as directed by Landlord), without notice, demand, deduction or set off, an annual rental of $ , payable in equal monthly installments of $ , in advance on the first day of each calendar month during the term hereof. Upon execution of this Lease, Tenant shall pay to Landlord the first monthly installment of rent due hereunder. Rental for any period during the term hereof which is less than one month shall be the pro-rated portion of the monthly installment of rental due, based upon a 30 day month.  If this box is checked, the annual rental payable hereunder (and accordingly the monthly installments) shall be adjusted every Lease Year Anniversary by % over the amount then payable hereunder. In the event renewal of this Lease is provided for in paragraph 2 hereof and effectively exercised by Tenant, the rental adjustments provided herein shall apply to the term of the Lease so renewed, or  If this box is checked, the annual rental payable hereunder (and accordingly the monthly installments) shall be adjusted every Lease Year Anniversary by the greater of: (i) percent ( %) over the amount then payable hereunder, or, (ii) the percentage increase (but not any decrease) in the numerical index of the “Consumer Price Index for All Urban Consumers” (1982-84 = 100) published by the Bureau of Labor Statistics of the United States Department of Labor (“CPI”) for the immediately preceding twelve (12) month period over the amount then payable hereunder.  If this box is checked, the annual rental payable hereunder (and accordingly the monthly installments) shall be adjusted every Lease Year Anniversary by $ over the amount then payable hereunder. In the event renewal of this Lease is provided for in paragraph 2 hereof and effectively exercised by Tenant, the rental adjustments provided herein shall apply to the term of the Lease so renewed.  If this box is checked, the annual rental payable hereunder (and accordingly the monthly installments) shall be adjusted as provided on Exhibit B.  If this box is checked, Tenant shall pay all rental to Landlord’s Agent at the following address:

Rental. 3Commencing on the Commencement Date, Tenant agrees to pay to Landlord rental as follows: Months 1 – 4 $ 0.00 Monthly Months 5 – 16 $ 36,167.00 Monthly Months 17 – 28 $ 36,890.00 Monthly Months 29 – 40 $ 37,628.00 Monthly Months 41 – 52 $ 38,380.00 Monthly Months 53 – 64 $ 39,148.00 Monthly Months 65 – 76 $ 39,931.00 Monthly Months 77 – 88 $ 40,730.00 Monthly Months 89 – 100 $ 41,544.00 Monthly Months 101 – 112 $ 42,350.00 Monthly Months 113 – 124 $ 43,167.00 Monthly which rental shall be paid promptly on the first day of each month in advance during the Term. Beginning The rental and any other amounts due by Tenant for any partial calendar month shall be prorated based on the number of days in that month. Notwithstanding anything to the contrary contained in this Lease, if Landlord’s Work (as defined in Section 33 below) is not “substantially complete” (as defined below) on or before the fourth (4th) monthly anniversary of the Commencement Date (a) neither rental payments owed for Month 5 and subsequent months, as applicable, pursuant to this Section 3 nor any other amounts due under this Lease (except for utilities) shall commence until the fifth (5th) day after the later to occur of (i) Landlord’s Work is substantially complete, and (ii) Landlord notifies Tenant that Landlord’s Work is substantially complete (the day the Month 5 rental commences is herein referred to as the “Rent Commencement Date”), Tenant agrees and (b) the Term shall be extended to pay Landlord (or its Agent as directed by Landlord), without notice, demand, deduction or set off, an annual rental of $ , payable in equal monthly installments of $ , in advance expire on the first last day of each the calendar month during that is one-hundred twenty (120) months after the term hereofRent Commencement Date; provided, however, that nothing herein shall waive or diminish Tenant’s rights to rent abatement pursuant to Section 33 below. Upon execution the Rent Commencement Date, each of Landlord and Tenant agree to execute a rental commencement certificate of similar document upon request of the other party. For purposes of this Lease, Tenant shall pay to Landlord the first monthly installment of rent due hereunder. Rental for any period during the term hereof which is less than one month Landlord’s Work shall be the pro-rated portion of the monthly installment of rental due, based upon a 30 day month.  If this box is checked, the annual rental payable hereunder (and accordingly the monthly installments) shall be adjusted every Lease Year Anniversary by % over the amount then payable hereunder. In the event renewal of this Lease is provided for in paragraph 2 hereof and effectively exercised by Tenant, the rental adjustments provided herein shall apply to the term of the Lease so renewed, or  If this box is checked, the annual rental payable hereunder (and accordingly the monthly installments) shall be adjusted every Lease Year Anniversary by the greater of: (i) percent ( %) over the amount then payable hereunder, or, (ii) the percentage increase (but not any decrease) in the numerical index of the deemed “Consumer Price Index for All Urban Consumerssubstantially complete” (1982-84 = 100) published by the Bureau of Labor Statistics of the United States Department of Labor (“CPI”) for the immediately preceding twelve (12) month period over the amount then payable hereunder.  If this box is checked, the annual rental payable hereunder (and accordingly the monthly installments) shall be adjusted every Lease Year Anniversary by $ over the amount then payable hereunder. In the event renewal of this Lease is provided for in paragraph 2 hereof and effectively exercised by Tenant, the rental adjustments provided herein shall apply to the term of the Lease so renewed,  If this box is checked, Tenant shall pay all rental to Landlord’s Agent at the following address:at

Rental. 3. Beginning on (“Rent Commencement Date”), Tenant agrees to pay Landlord (or its Agent as directed by Landlord), without notice, demand, deduction or set off, an annual rental of $ , payable in equal monthly installments of $ , in advance on the first day of each calendar month during the term hereof. Upon execution of this Lease, Tenant shall pay to Landlord the first monthly installment of rent due hereunder. Rental for any period during the term hereof which is less than one month shall be the pro-rated portion of the monthly installment of rental due, based upon a 30 day month.  If this box is checked, the annual rental payable hereunder (and accordingly the monthly installments) shall be adjusted every Lease Year Anniversary by % over the amount then payable hereunder. In the event renewal of this Lease is provided for in paragraph 2 hereof and effectively exercised by Tenant, the rental adjustments provided herein shall apply to the term of the Lease so renewed, or  If this box is checked, the annual rental payable hereunder (and accordingly the monthly installments) shall be adjusted every Lease Year Anniversary by the greater of: (i) percent ( %) over the amount then payable hereunder, or, (ii) the percentage increase (but not any decrease) in the numerical index of the “Consumer Price Index for All Urban Consumers” (1982-84 = 100) published by the Bureau of Labor Statistics of the United States Department of Labor (“CPI”) for the immediately preceding twelve (12) month period over the amount then payable hereunder.  If this box is checked, the annual rental payable hereunder (and accordingly the monthly installments) shall be adjusted every Lease Year Anniversary by $ over the amount then payable hereunder. In the event renewal of this Lease is provided for in paragraph 2 hereof and effectively exercised by Tenant, the rental adjustments provided herein shall apply to the term of the Lease so renewed,  If this box is checked, the annual rental payable hereunder (and accordingly the monthly installments) shall be adjusted as provided on Exhibit BC.  If this box is checked, Tenant shall pay all rental to Landlord’s Agent at the following address:

Rental. 3. Beginning on (“Rent Commencement Date”)During the Initial Term of this lease, Tenant agrees to shall pay Landlord rent for the Premises in the amount of $13 per square foot, which will be seventy thousand two hundred dollars (or its Agent as directed by Landlord), without notice, demand, deduction or set off, an annual rental of $ $70,200) per annum, payable in twelve (12) equal monthly installments of $ five thousand eight hundred fifty dollars ($5,850.00) each, due and payable in advance on the first day of each calendar month during the term hereof. Upon execution of this Leaselease. For all purposes under this lease, a "lease year" shall be the 12-month period from the Commencement Date through the date immediately preceding the anniversary of the Commencement Date and each successive 12-month period thereafter. It is the purpose and intent of the Landlord and Tenant that, except for Landlord's obligations under this lease and as otherwise provided in this lease, the rent shall pay be net to Landlord so that this lease shall yield, net to Landlord, the first monthly installment of rent due hereunder. Rental for any period specified in Section3 and Section4 hereof in each year during the term hereof which is less than one month shall be the pro-rated portion of the monthly installment of rental due, based upon a 30 day month.  If this box is checked, the annual rental payable hereunder (and accordingly the monthly installments) shall be adjusted every Lease Year Anniversary by % over the amount then payable hereunder. In the event renewal of this Lease is provided lease and that all costs, expenses and obligations normally paid for by the Tenant in paragraph 2 hereof and effectively exercised by Tenant, the rental adjustments provided herein shall apply to a triple net lease which becomes due during the term of this lease shall be paid by Tenant. Unless otherwise provided under this lease, all payments to be made by Tenant to Landlord under this lease shall be made by normal business methods and shall be paid to Landlord at Landlord's address for receiving notices under Section 20. Landlord represents and warrants to Tenant that the Lease so renewedPremises are free and clear of all mortgages, deeds of trust, liens, or  encumbrances, except for the Permitted Exceptions, which include the first mortgage to be given to Bank First which will secure a promissory note in the original principal amount not to exceed $410,000 and that the First Mortgage is current to date and Landlord is not otherwise in default thereunder. If Landlord defaults in making any payment due on the First Mortgage, or on any other mortgage, deed or trust, security interest, lien, or other claim which now or hereafter may encumber the Premises, Tenant may, after five (5) days prior notice to Landlord (if permitted by the mortgagee's non-disturbance agreement), make any such payments directly out of the rent payments due Landlord under this box is checked, the annual rental payable hereunder (and accordingly the monthly installments) lease. All such payments by Tenant shall constitute a payment of rent to Landlord under this lease; provided that nothing in this lease shall be adjusted every Lease Year Anniversary construed as an assumption by the greater of: (i) percent ( %) over the amount then payable hereunderTenant of Landlord's obligations under any such mortgage, orsecurity interest, (ii) the percentage increase (but not any decrease) in the numerical index of the “Consumer Price Index for All Urban Consumers” (1982-84 = 100) published by the Bureau of Labor Statistics of the United States Department of Labor (“CPI”) for the immediately preceding twelve (12) month period over the amount then payable hereunder.  If this box is checkedlien, the annual rental payable hereunder (and accordingly the monthly installments) shall be adjusted every Lease Year Anniversary by $ over the amount then payable hereunder. In the event renewal of this Lease is provided for in paragraph 2 hereof and effectively exercised by Tenant, the rental adjustments provided herein shall apply to the term of the Lease so renewed,  If this box is checked, Tenant shall pay all rental to Landlord’s Agent at the following address:or other claim.

Rental. 3. Beginning on (“Rent Commencement Date”), Tenant Xxxxxx agrees to pay Landlord (or its Agent as directed by LandlordXxxxxxxx), without notice, demand, deduction or set off, an annual rental of $ , payable in equal monthly installments of $ , in advance on the first day of each calendar month during the term hereof. Upon execution of this Lease, Tenant shall pay to Landlord the first monthly installment of rent due hereunder. Rental for any period during the term hereof which is less than one month shall be the pro-rated portion of the monthly installment of rental due, based upon a 30 day month.  ❑ If this box is checked, the annual rental payable hereunder (and accordingly the monthly installments) shall be adjusted every Lease Year Anniversary by % over the amount then payable hereunder. In the event renewal of this Lease is provided for in paragraph Section 2 hereof and effectively exercised by Tenant, the rental adjustments provided herein shall apply to the term of the Lease so renewed, or  ❑ If this box is checked, the annual rental payable hereunder (and accordingly the monthly installments) shall be adjusted every Lease Year Anniversary by the greater of: (i) percent ( %) over the amount then payable hereunder, or, (ii) the percentage increase (but not any decrease) in the numerical index of the “Consumer Price Index for All Urban Consumers” (1982-84 = 100) published by the Bureau of Labor Statistics of the United States Department of Labor (“CPI”) for the immediately preceding twelve (12) month period over the amount then payable hereunder.  ❑ If this box is checked, the annual rental payable hereunder (and accordingly the monthly installments) shall be adjusted every Lease Year Anniversary by $ over the amount then payable hereunder. In the event renewal of this Lease is provided for in paragraph Section 2 hereof and effectively exercised by Tenant, the rental adjustments provided herein shall apply to the term of the Lease so renewed. ❑ If this box is checked,  the annual rental payable hereunder (and accordingly the monthly installments) shall be adjusted as provided on Exhibit B. ❑ If this box is checked, Tenant shall pay all rental to Landlord’s Agent at the following address:

Rental. 3. Beginning on (“Rent Commencement Date”), Tenant agrees shall pay to pay Landlord (or its Agent as directed by Landlord), without notice, demand, deduction demand or set off, an in lawful money of the United States, at the address specified in Section 35, or at such other location as Landlord may hereafter designate in writing, the following amounts of “Rent”: In Year 1, the annual rental Rent shall be the number of $ , payable in equal monthly installments parking spaces which Tenant is able to construct multiplied by $330.00 per space. For Years 1 through 20 of $ , in advance on the first day of each calendar month during the term hereof. Upon execution of this LeaseLease Term, Tenant shall pay receive a credit such that the rental rate shall be 80% of the annual Rent set forth in the preceding sentence, to Landlord reimburse Tenant for its construction costs. By way of example only, if Tenant were able to construct 220 parking spaces, the first monthly installment annual Rent would be 220 parking spaces x $330.00 x 0.8 = $58,080.00. The annual reduced rate of rent due hereunder80% shall remain for Years 1 through 20 of the Lease Term, but shall not be applicable during any Renewal Term. Rental for any period during For Year 2 of the term hereof which is less than one month Lease Term and each and every year thereafter, the Rent shall be the pro-rated portion amount of the monthly installment of rental due, based upon a 30 day month.  If this box is checked, the annual rental payable hereunder (and accordingly the monthly installments) shall be adjusted every Lease Year Anniversary by % over the amount then payable hereunder. In the event renewal of this Lease is provided for Rent in paragraph 2 hereof and effectively exercised by Tenant, the rental adjustments provided herein shall apply to the term of the Lease so renewed, or  If this box is checked, the annual rental payable hereunder (and accordingly the monthly installments) shall be adjusted every Lease Year Anniversary by the greater of: (i) percent ( %) over the amount then payable hereunder, or, (ii) the percentage increase (but not any decrease) in the numerical index of the “Consumer Price Index for All Urban Consumers” (1982-84 = 100) published by the Bureau of Labor Statistics of the United States Department of Labor (“CPI”) effect for the immediately preceding twelve year increased by the lesser of 2.5% or by the increase in the Northeast Urban Consumer Price Index (12) month period over the amount then payable hereunderID No.  If this box is checkedCUUR0100SA0), the annual rental payable hereunder (and accordingly the monthly installments) not seasonally adjusted, for all items as reported. The Rent shall be adjusted every on July 1 of each year using the change in the index average for the 12-month period as of the previous November compared to the index average for the corresponding 12-month period as of November of the prior year and rounded to the nearest tenth of a percent. By way of example only, for the July 1, 2017 Lease Year Anniversary by $ over the amount then payable hereunder. In the event renewal of this Lease is provided for in paragraph 2 hereof and effectively exercised by Tenantadjustment, the rental adjustments provided herein shall apply index for the period December, 2015, through November, 2016, will be compared to the term average index for the period December, 2014, through November, 2015. For the avoidance of doubt, “Year 1” shall be deemed to commence on the Lease so renewedCommencement Date; provided,  If that notwithstanding anything to the contrary contained in this box is checkedLease, Tenant there shall pay all be no rental to Landlord’s Agent at due during the following address:time period between the Commencement Date and the Rent Commencement Date (as hereinafter defined).

Rental. 3. Beginning on (“Rent Commencement Date”), Tenant agrees to pay Landlord (or its Agent Landlord, as directed by Landlord), without notice, demand, deduction or set off, an fixed annual rental of $ , payable in equal monthly installments of $ , in advance on the first day of each calendar month hereunder during the term hereof. Upon execution of this Lease, the sum of Twelve Dollars ($12.00) per square foot. At commencement of this Lease Tenant shall occupy 20,000 square feet. At the commencement of the Lease, Tenant shall pay to Landlord Two Hundred and Twenty Four Thousand Dollars ($240,000.00), payable in equal, consecutive monthly installments of Twenty Thousand Dollars ($20,000.00). Tenant shall have the first monthly installment of rent due hereunderoption to lease additional square footage up to 45,000 square feet at a the then current square footage rate. Rental for any period during the term hereof which is less than one month The fixed annual rental shall be the pro-rated portion of the monthly installment of rental due, based upon a 30 day month.  If this box is checked, the annual rental payable hereunder (and accordingly the monthly installments) shall be adjusted every Lease Year Anniversary by % over the amount then payable hereunder. In the event renewal of this Lease is provided for in paragraph 2 hereof and effectively exercised by Tenant, the rental adjustments provided herein shall apply to the term of the Lease so renewed, or  If this box is checked, the annual rental payable hereunder (and accordingly the monthly installments) shall be adjusted every Lease Year Anniversary increased by the greater of: (i) percent ( %) over the amount then payable hereunderpercentage increase, orif any, (ii) the percentage increase (but not any decrease) in the numerical index of the “Consumer Price Index for All Urban Consumers” Consumers (1982-84 = 100) US City Average, All Items (hereinafter the "Index") for each lease year after the first lease year. Such increases shall be calculated based upon the Index for the month preceding by three (3) months the commencement of each lease year. If the Index is not published by the Bureau of Labor Statistics or another governmental agency at any time during the term of this Lease, or if the Index is otherwise renamed, discontinued or superseded, then the calculations based on the Index shall be made using the most closely comparable statistics on the purchasing power of the United States Department consumer dollar as published by a responsible financial authority and selected by Landlord. All payments of Labor (“CPI”) for fixed rental to be paid by Tenant to Landlord hereunder during the immediately preceding twelve (12) month period over the amount then payable hereunder.  If term of this box is checked, the annual rental payable hereunder (and accordingly the monthly installments) Lease shall be adjusted every Lease Year Anniversary by $ over due on or before the amount then payable hereunderfirst day of each month, in advance, at the offices of Safe Auto Insurance Company, or such other place as Landlord may from time to time designate, without any prior demand therefor and without any deductions or setoffs whatsoever. In the event renewal any rental payment is not received on or before the fifth calendar day after it is due, Tenant shall immediately pay as additional rent, without additional demand or notice, a late charge of ten percent (10%) of the amount of the overdue rental payment. All costs and expenses which Tenant assumes or agrees to pay to Landlord pursuant to this Lease is shall be deemed additional rent, and in the event of nonpayment, Landlord shall have all the rights and remedies herein provided for in paragraph 2 hereof and effectively exercised by Tenant, the rental adjustments provided herein shall apply to the term case of the Lease so renewed,  If this box is checked, Tenant shall pay all rental to Landlord’s Agent at the following address:nonpayment of rent.

Rental. 3. The rent payable under this Lease shall be as follows: Beginning on the Commencement Date and ending on the four (4) year anniversary thereof, of the Rent Beginning Date, Lessee shall pay to Lessor, or to such other person, firm or corporation as Lessor from time to time may designate in writing, the sum of EIGHT THOUSAND FIFTY DOLLARS ($8,050) per month in advance on or before the first (1st) day of each month. Monthly rent for any Renewal Period beyond the initial term will increase based on the Cost of Living. This will be negotiated and determined by both parties. The rent due will include all triple net charges for the initial four-year period. The minimum annual lease payment for any Renewal Period shall be adjusted and calculated upon the expiration of the then-expiring term (an “Rent Commencement Adjustment Date”), Tenant agrees to pay Landlord (or its Agent as directed by Landlord), without notice, demand, deduction or set off, an follows: The calculation for any minimum annual rental of $ , payable in equal monthly installments of $ , in advance lease payment adjustment will be based on the first day U.S. Department of each calendar month during the term hereof. Upon execution Labor, Bureau of this Lease, Tenant shall pay to Landlord the first monthly installment of rent due hereunder. Rental for any period during the term hereof which is less than one month shall be the pro-rated portion of the monthly installment of rental due, based upon a 30 day month.  If this box is checked, the annual rental payable hereunder (and accordingly the monthly installments) shall be adjusted every Lease Year Anniversary by % over the amount then payable hereunder. In the event renewal of this Lease is provided for in paragraph 2 hereof and effectively exercised by Tenant, the rental adjustments provided herein shall apply to the term of the Lease so renewed, or  If this box is checked, the annual rental payable hereunder (and accordingly the monthly installments) shall be adjusted every Lease Year Anniversary by the greater of: (i) percent ( %) over the amount then payable hereunder, or, (ii) the percentage increase (but not any decrease) in the numerical index of the “Labor Statistics National Consumer Price Index for All Urban Consumers” (Consumers -- All Items, Using 1982-84 1984=100 as the base period (the “Index”). For purposes of computing the minimum annual lease payment adjustment, the beginning Index number will be the Index number which was in effect on the beginning date of the lease period just ended prior to the Adjustment Date (“Beginning Index”). The index for the month immediately preceding the Adjustment Date in question (“Extension Index”) is to be used in determining the amount of the adjustment. The minimum annual lease payment (to be paid in equal monthly installments) for the applicable subsequent lease period (until the next lease Adjustment Date) shall be determined by multiplying the minimum annual lease payment then being paid by Lessee for the then- expiring lease period by a fraction, the numerator of which is the Extension Index and the denominator of which is the Beginning Index. 3 Adjustment Example (for illustration purposes only) Index CPI Base Index 0000-0000 000 Beginning Index May 1, 2010 (Est.) 160 Adjustment Date May 1, 2015 Extension Index May 1, 2015 (Est.) 175 Adjustment Formula: Extension Index 175 = 100) = 1.094 Beginning Index 160 Adjusted Minimum Annual Lease Payment = Previous Minimum Annual Lease Payment of $9,900.00 x 1.094 = $10,830.60 ($902.55/month). The example above is for illustration purposes only and shall have no binding effect upon the parties hereto. If the Index is changed so that the base year differs from that in effect when the period commences, the Index shall be converted in accordance with the conversion factor published by the Bureau of Labor Statistics of the United States Department of Labor, Bureau of Labor (“CPI”) for Statistics. If the immediately preceding twelve (12) month period over Index is discounted or revised during the amount then payable hereunder.  If this box period, such other government index or computation with which is checked, the annual rental payable hereunder (and accordingly the monthly installments) replaced shall be adjusted every used in order to obtain substantially the same result as would be obtained if the Index had not been discounted or revised. The maximum increase in Lease Year Anniversary by $ over the amount then payable hereunder. In the event renewal of this Lease is provided for in paragraph 2 hereof and effectively exercised by Tenant, the rental adjustments provided herein shall apply to the term of the Lease so renewed,  If this box is checked, Tenant shall pay all rental to Landlord’s Agent rate will be capped at the following address:3%.

Rental. 3. Beginning on (“Rent Commencement Date”), Tenant agrees to pay Landlord monthly rent (or its Agent as directed "Rental") of Thirty Five ------ Thousand Dollars ($35,000) per month through September 30, 2003, prorated for any partial month. Commencing October 1, 2003, Rental shall increase to Fifty Two Thousand and Eighty Three Dollars ($52,083) per month, and rental shall increase annually thereafter on October 1 of each ________________________________________________________________________________ 2 Va-Alta/Cavanaughs Lease 9/15/97 year by Landlord), without notice, demand, deduction or set off, an annual rental of $ , payable in equal monthly installments of $ , Five Thousand Two Hundred and Eight Dollars ($5,208) per month. Rental shall be paid by Tenant in advance on the first day of each calendar and every month during the term hereof, except that the first payment shall be on the Commencement Date. Upon execution The Rental is exclusive of any applicable sales or use tax on personal property included in this Lease, or any tax now or hereafter imposed in the nature of a sales or added tax in lieu of sales or use tax on such existing personal property, which shall be paid by Tenant in each instance. Tenant will be responsible for paying any use tax on personal property which it purchases in connection with the operation of the Property. If, hereafter, a leasehold excise tax (or sales tax on rental) is imposed on the Rental, Tenant shall pay the same on or before the applicable due dates. Interest and principal payments of the debt service for the debt now encumbering the Property are not the responsibility of Tenant. During the course of this Lease, Lessor shall hold harmless and indemnify Tenant from any claim by any secured creditor of Lessor. Rental shall pay be paid to Landlord Lessor, at Lessor's address set forth in Section 23 hereof or at such other place as Lessor may designate in writing. Electronic transfers may be done as of the first monthly installment day of rent due hereunderany month if Lessor and Tenant so arrange. Rental for Tenant may, at its option, make direct payment on any period during encumbrance on the term hereof Property which is less than one month shall be the pro-rated portion exists as of the monthly installment of rental due, based upon a 30 day month.  If this box is checked, the annual rental payable hereunder (and accordingly the monthly installments) shall be adjusted every Lease Year Anniversary by % over the amount then payable hereunder. In the event renewal date of this Lease and, upon providing evidence of such direct payment, offset such direct payments against the Rental, which right Tenant agrees not to exercise so long as the holder of any encumbrance agrees to provide Tenant with the same notice of default as is required to be provided for in paragraph 2 hereof to Lessor and effectively exercised by Tenant, so long as Lessor does not fail to make any payment on any encumbrance when due. Lessor shall not further encumber the rental adjustments provided herein shall apply to the term of the Lease so renewed, or  If Property during this box is checked, the annual rental payable hereunder (and accordingly the monthly installments) shall be adjusted every Lease Year Anniversary by the greater of: (i) percent ( %) over the amount then payable hereunder, or, (ii) the percentage increase (but not any decrease) in the numerical index of the “Consumer Price Index for All Urban Consumers” (1982-84 = 100) published by the Bureau of Labor Statistics of the United States Department of Labor (“CPI”) for the immediately preceding twelve (12) month period over the amount then payable hereunder.  If this box is checked, the annual rental payable hereunder (and accordingly the monthly installments) shall be adjusted every Lease Year Anniversary by $ over the amount then payable hereunder. In the event renewal of this Lease is provided for in paragraph 2 hereof and effectively exercised by Tenant, the rental adjustments provided herein shall apply to the term of the Lease so renewed,  If this box is checked, Tenant shall pay all rental to Landlord’s Agent at the following address:Lease.

Rental. 3. Beginning on (“Rent Commencement Date”), a) Tenant agrees shall pay to pay Landlord (or its Agent as directed by Landlord), without notice, demand, deduction or set off, an throughout the Lease Term a base annual rental of $ Two-Hundred Eight-Nine Thousand, One Hundred Ten and No/100 Dollars ($289,110.00) per Lease Year plus any and all sales, use, transaction, or comparable tax (es) applicable thereto. Said base annual rental (hereinafter referred to as the “Base Rental”) shall be subject to adjustment as hereinafter provided in this Lease. Any and all such Base Rental, together with all tax (es) thereon, shall be due and payable in advance on or before the first day of January of each year during the Lease Term, provided, however, the Base Rental for the calendar year in which this Lease is executed shall be payable in advance on or before the Commencement Date of the Lease Term. It is expressly provided, however, that so long as Tenant shall not be in default of its obligations under this Lease, such Base Rental and the tax(es) thereon shall, for the convenience of Tenant, be payable in equal monthly installments of $ Twenty-Four Thousand, Ninety-Two and 50/100 Dollars ($24,092.50) in advance advance, without demand, deduction or setoff, on or before the first day of each calendar month during the term hereofLease Term. Upon execution The monthly installment for month one (1) of this Lease, the Lease shall be due and payable on the Rental Commencement Date; provided that Tenant shall pay prepay to Landlord such amount on the date of Tenant’s execution hereof as credit against the payment of the first monthly installment installment. However, upon a default by Tenant of rent due any of its obligations hereunder. , the Base Rental for any period during the term hereof which balance of the then current calendar year of the Lease Term together with the aggregate of the annual rentals for the remainder of the calendar years of the Lease Term as provided herein below, shall be immediately due and payable. If the Commencement Date is less a day other than one the first day of a calendar month, the monthly Base Rental for the fractional month shall be the pro-rated portion of the monthly installment of rental due, based upon a 30 day month.  If this box is checked, the annual rental payable hereunder (and accordingly the monthly installments) shall be adjusted every Lease Year Anniversary by % over the amount then payable hereunder. In the event renewal of this Lease is provided for in paragraph 2 hereof and effectively exercised by Tenant, the rental adjustments provided herein shall apply to the term of the Lease so renewed, or  If this box is checked, the annual rental payable hereunder (and accordingly the monthly installments) shall be adjusted every Lease Year Anniversary by the greater of: (i) percent ( %) over the amount then payable hereunder, or, (ii) the percentage increase (but not any decrease) in the numerical index of the “Consumer Price Index for All Urban Consumers” (1982-84 = 100) published by the Bureau of Labor Statistics of the United States Department of Labor (“CPI”) for the immediately preceding twelve (12) month period over the amount then payable hereunder.  If this box is checked, the annual rental payable hereunder (and accordingly the monthly installments) shall be adjusted every Lease Year Anniversary by $ over the amount then payable hereunder. In the event renewal of this Lease is provided for in paragraph 2 hereof and effectively exercised by Tenant, the rental adjustments provided herein shall apply to the term of the Lease so renewed,  If this box is checked, Tenant shall pay all rental to Landlord’s Agent at the following address:appropriately prorated.

Rental. 3Tenant shall pay to Landlord as annual base rental for the premises during the first five (5) years of this Lease an annual base rent of. Beginning on Two Hundred Ninety-six Thousand One Hundred Sixty Dollars (“Rent Commencement Date”$296,160.00), Tenant agrees to pay Landlord (or its Agent payable monthly in advance at such place as directed may be designated by Landlord). Rent shall commence on the date Landlord delivers possession of the premises to Tenant, without noticeand if it-is a date other than the first day of the month, demandthe first month’s rent shall be prorated. The annual base rent shall be adjusted effective as of the first day of the sixth year of the Lease, deduction or set off, an annual rental and as of $ , payable in equal monthly installments of $ , in advance on the first day of each calendar month during year thereafter based upon seventy-five .percent (75%) of the term hereofincrease or decrease in the cost of living in relation to the base rent. Upon execution of this Lease, Tenant shall pay to Landlord the first monthly installment of rent due hereunder. Rental for any period during the term hereof which is less than one month Such increase or decrease shall be the pro-rated portion of the monthly installment of rental due, based upon a 30 day month.  If this box is checked, the annual rental payable hereunder (and accordingly the monthly installments) shall be adjusted every Lease Year Anniversary determined by % over the amount then payable hereunder. In the event renewal of this Lease is provided for in paragraph 2 hereof and effectively exercised by Tenant, the rental adjustments provided herein shall apply to the term of the Lease so renewed, or  If this box is checked, the annual rental payable hereunder (and accordingly the monthly installments) shall be adjusted every Lease Year Anniversary by the greater of: (i) percent ( %) over the amount then payable hereunder, or, (ii) the percentage increase (but not any decrease) in the numerical index of utilizing as the “base index” the Consumer Price Index for All Urban Consumers” Consumers (1982CPI-84 = 100U) published monthly by the Bureau of Labor Statistics of the United States U.S. Department of Labor (“CPI”) for the immediately preceding twelve (12) month period over of May, 1999, and utilizing for determining the amount initial cost of living increase the CPI-U for the month of May, 2004, and the month of May for each year thereafter . If the CPI-U index is discontinued during the term of this Lease, then payable hereunder.  If in order to carry out the purpose and intent of this box is checkedparagraph, the parties agree to select and agree upon and conform to a price index-or standard which is most nearly like the one herein adopted, or in the event of a revision thereof providing a different base period, the formula herein adopted will be amended to conform with a conversion of said figures. Until such new index or standard is agreed upon or the conversion is standardized, as the case may be, the rental due shall be the last in force prior to discontinuance of said price index herein adopted as a basis or the revision thereof. After such new index or standard or conversion is determined, the rent shall be retroactively adjusted and any additional amounts due shall be paid with the next rental payment. Notwithstanding the fact that the adjustment(s) may result in a decrease, the effective Lease rate shall never be based upon a rate which is less than the original base annual rental payable hereunder (and accordingly rent. In those years in which the monthly installments) interest rate on Landlord’s mortgage encumbering the real estate is adjusted, the base annual rent shall be adjusted every Lease Year Anniversary by $ over the amount then payable hereunder. In the event renewal of this Lease is provided for in paragraph 2 hereof and effectively exercised by Tenant, the rental adjustments provided herein shall apply to the term based upon 100% of the Lease so renewedincrease or decrease of the mortgage interest rate (as and when the mortgage interest rate adjustment occurs) as well as the CPI index adjustment set forth hereinabove,  If this box is checked, Tenant provided there shall pay all rental to be no adjustment in the interest rate on Landlord’s Agent at mortgage during the following address:initial five (5) lease years.

Rental. 3. Beginning on June 01, 2007 (“"Rent Commencement Date”"), Tenant agrees to pay Landlord (or its Agent as directed by Landlord), without notice, demand, deduction or set off, an annual rental of $ $18 , 000 , payable in equal monthly installments of $ 1500.00, in advance on the first day of each calendar month during the term hereof. Upon execution of this Lease, Tenant shall pay to Landlord the first monthly installment of rent due hereunder. Rental for any period during the term hereof which is less than one month shall be the pro-rated portion of the monthly installment of rental due, based upon a 30 day month.  If x if this box is checked, the annual rental payable hereunder (and accordingly the monthly installments) shall be adjusted every everyDne Lease Year Anniversary by 4% over the amount then payable hereunder. In the event renewal of this Lease is provided for in paragraph 2 hereof and effectively exercised by Tenant, the rental adjustments provided herein shall apply to the term of the Lease so renewed, or  PREPARED BY: Xxxxxxx X. Xxxxx, Broker In Charge STANDARD FORM 592 - T North Carolina Association of REALTORS®, Inc. gr 7/2006 RealFA$T® Software, 02007, Version 6 17 Beta. Software Registered to: Office Manager, Highlaid Realty & Development Tenant(s) 05117/07 16:00:10 q If this box is checked, the annual rental payable hereunder (and accordingly the monthly installments) shall be adjusted every Lease Year Anniversary by the greater of: (i) percent ( %) over the amount then payable hereunder, or, (ii) the percentage increase (but not any decrease) in the numerical index of the “Consumer Price Index for All Urban Consumers” (1982-84 = 100) published by the Bureau of Labor Statistics of the United States Department of Labor (“CPI”) for the immediately preceding twelve (12) month period over the amount then payable hereunder.  If this box is checked, the annual rental payable hereunder (and accordingly the monthly installments) shall be adjusted every everyn/a Lease Year Anniversary by $ n/a over the amount then payable hereunder. In the event renewal of this Lease is provided for in paragraph 2 hereof and effectively exercised by Tenant, the rental adjustments provided herein shall apply to the term of the Lease so renewed,  x If this box is checked, Tenant shall pay all rental to Landlord’s 's Agent at the following address:: Highland Realty & Development, Ltd. 00000 Xxxxxxxx Xxxx Suite 116 Charlotte NC 28226

Rental. 32.01. Beginning on Tenant shall pay Landlord monthly base rent (“Rent Commencement DateBase Rent”), Tenant agrees to pay Landlord ) of Sixty Thousand Dollars ($60,000.00) on or its Agent as directed by Landlord), without notice, demand, deduction or set off, an annual rental of $ , payable in equal monthly installments of $ , in advance on before the first (1st) day of each calendar month during the term hereofTerm. Upon execution If the Term commences on a day other than the first day of this Leasea calendar month or ends on a day other than the last day of a calendar month, then the Base Rent for such month shall be prorated on the basis of 1/30th of the monthly Base Rent for each day of such month. The Base Rent due for the initial partial calendar month of the Term (if any) shall be payable on the earlier of (i) the fifteenth (15th) day after the Commencement Date or (ii) the last day of the calendar month in which the Commencement Date occurs. The Base Rent due for the final partial month of the Term (if any) shall be payable on the earlier of (i) the fifteenth (15th) day of the calendar month in which the Term ends or (ii) the last day of the Term. Tenant shall pay to Landlord the first percentage rent (“Percentage Rent”) on a monthly installment of rent due hereunder. Rental for any period basis during the term hereof Term in accordance with the schedule below: If Monthly Gross Receipts (as defined in Section 16.03 below) are: The percentage of Monthly Gross Receipts in excess of $82,733.00 (the “Percentage Plateau”) payable as Percentage Rent shall be: Greater than $82,733.00 (“Target Level”) 74.0% Each Level of Monthly Gross Receipts at which a higher percentage of Monthly Gross Receipts becomes payable as Percentage Rent is less than one hereinafter referred to as a Target Level. Percentage Rent shall be paid monthly throughout the Term, it being agreed that Percentage Rent due (if any) with respect to any given calendar month shall be payable by the pro-rated fifteenth (15th) day of the following calendar month (by way of example, the Percentage Rent for January shall be due and payable by February 15th). The Percentage Rent due with respect to any given calendar month shall be calculated by (i) determining the actual Gross Receipts for the elapsed month to date (the “Actual Monthly Gross Receipts”) and (ii) multiplying that portion of the monthly installment Actual Monthly Gross Receipts in excess of rental duethe Percentage Plateau by the applicable percentage set forth above, based upon a 30 day monththe Target Level achieved by the Actual Monthly Gross Receipts.  If this box is checked, the annual rental payable hereunder (and accordingly the monthly installments) Lease shall be adjusted every terminated prior to the expiration of its stated Term, or if Base Rent is abated or reduced for any reason during the Term, (i) the Target Levels and the Percentage Plateau for such period shall be reduced by such amount as may be equitable when viewed in the context of all relevant circumstances, and (ii) Tenant’s obligation to pay any and all accrued Percentage Rent shall survive such termination. Both parties agree to act reasonably and in good faith in making the aforesaid determination. Base Rent, Percentage Rent, and any other amounts which Tenant is or becomes obligated to pay Landlord under this Lease Year Anniversary are sometimes herein referred to collectively as “Rent”) and all remedies applicable to the non-payment of Rent shall be applicable thereto. Said monthly installments of Rent shall be paid via ACH or Wire Transfer to Landlord’s designated bank account, or at such other place as Landlord may from time to time designate by % over giving Tenant written notice thereof as provided in this Lease. Rent shall be paid without any prior demand or notice therefor (except as expressly provided herein) and shall in all events be paid without any deduction, set-off or counterclaim, and without relief from any valuation or appraisement laws. Any Rent paid more than five (5) days after Txxxxx’s receipt of written notice from Landlord that same is past-due shall accrue interest at the amount Default Rate (as defined in Section 16.01) until payment is received by Landlord. Such interest payments shall not be deemed consent by Landlord to late payments, nor a waiver of Landlord’s right to insist upon timely payments at any time, nor a waiver of any remedies to which Landlord is entitled as a result of the late payment of Rent. Landlord may apply payments received from Tenant to any obligations of Tenant then payable hereunderaccrued, without regard to such obligations as may be designated by Tenant. In the event renewal of any overpayment of Percentage Rent due under this Lease is provided for Lease, Landlord shall remit the overage to Tenant within 21 days after the date of Tenant’s written notification of such overpaid rent, failing which, in paragraph 2 hereof and effectively exercised by Tenant, the rental adjustments provided herein shall apply addition to the term of the Lease so renewed, all other remedies available at law or  If this box is checked, the annual rental payable hereunder (and accordingly the monthly installments) shall be adjusted every Lease Year Anniversary by the greater of: (i) percent ( %) over the amount then payable hereunder, or, (ii) the percentage increase (but not any decrease) in the numerical index of the “Consumer Price Index for All Urban Consumers” (1982-84 = 100) published by the Bureau of Labor Statistics of the United States Department of Labor (“CPI”) for the immediately preceding twelve (12) month period over the amount then payable hereunder.  If this box is checked, the annual rental payable hereunder (and accordingly the monthly installments) shall be adjusted every Lease Year Anniversary by $ over the amount then payable hereunder. In the event renewal of this Lease is provided for in paragraph 2 hereof and effectively exercised by Tenant, the rental adjustments provided herein shall apply to the term of the Lease so renewed,  If this box is checkedequity, Tenant shall pay have the right to offset the overage against all rental to Landlord’s Agent at the following address:Rent thereafter becoming due.

Rental. 3. Beginning on In consideration for LESSEE’s primary use of the Leased Premises as a community center providing arts, culture, and educational programming in furtherance of the City of St. Augustine’s Vision Plan: 2014 and Beyond, the rental of the Leased Premises shall be in the amount of eighteen thousand and 00/100 ($18,000.00) Dollars (“Rent Commencement DateRent”), Tenant agrees to pay Landlord (or its Agent as directed by Landlord), without notice, demand, deduction or set off, an annual rental ) over the Initial Term of $ , this Agreement and shall be payable in equal monthly installments of $ monthly, in advance advance, at a rate of $500.00, plus applicable taxes, commencing on the first day of , 2022, and on the first day of each calendar consecutive month thereafter during the term hereof. Upon execution Initial Term of this Lease, Tenant . The Rent shall pay to Landlord be annually adjusted on the first monthly installment day of rent , 2023 and on the first day of of each year thereafter based on the increase in the Consumer Price Index (CPI) for southern urban consumers for areas with a population of fewer than 50,000 for the measured period of June 1st through May 31st of each year. The rental of the Leased Premises for a First Renewal Term or Second Renewal Term will be due hereunderand payable in the same manner, unless otherwise agreed to by the parties in writing in an addendum to this Lease Agreement. Rental for any period during the term hereof which is less than one month The Rent shall be payable the promonth preceding the month of occupancy and shall be payable to LESSOR at: City of St. Augustine Department of Finance, Budget, and Management P.O. BOX 210 ST. AUGUSTINE, FLORIDA 32085-rated portion 0210 A late fee of fifteen (15%) percent of the monthly installment lease will be assessed for any late payment received after the fifth day of rental due, based upon a 30 day each month.  If this box is checkedFailure to pay rent, in total, before the annual rental payable hereunder (and accordingly end of the monthly installments) fifth day shall be adjusted every Lease Year Anniversary by % over a default of the amount then Terms of this Rental Agreement. In addition to the Rent payable hereunder. In , LESSEE shall be responsible, as Additional Rent, for the event renewal payment of any real estate taxes assessed during the Term of this Lease is provided for in paragraph 2 hereof and effectively exercised by Tenant, the rental adjustments provided herein any governmental agency having taxing authority. Real estate taxes shall apply to the term be paid within thirty (30) days of the Lease so reneweddate an invoice for such taxes is transmitted to LESSEE by XXXXXX. LESSEE shall be responsible for timely payment of all personal property taxes, excise, use, sales, or  If this box is checked, the annual other taxes which may be levied for or on account of XXXXXX’S occupancy or rental payable hereunder (and accordingly the monthly installments) shall be adjusted every Lease Year Anniversary by the greater of: (i) percent ( %) over the amount then payable hereunder, or, (ii) the percentage increase (but not any decrease) in the numerical index of the “Consumer Price Index for All Urban Consumers” (1982-84 = 100) published by Leased Premises now or at any time during the Bureau of Labor Statistics of the United States Department of Labor (“CPI”) for the immediately preceding twelve (12) month period over the amount then payable hereunder.  If this box is checked, the annual rental payable hereunder (and accordingly the monthly installments) shall be adjusted every Lease Year Anniversary by $ over the amount then payable hereunder. In the event renewal Term of this Lease is provided for in paragraph 2 hereof and effectively exercised by Tenant, the rental adjustments provided herein shall apply to the term of the Lease so renewed,  If this box is checked, Tenant shall pay all rental to Landlord’s Agent at the following address:Agreement.

Rental. 3. Beginning on The Lessee shall pay annual rent of Seven Hundred Eighty Five Thousand Two Hundred Ninety Two Dollars (“Rent Commencement Date”$785,292.00), Tenant agrees to pay Landlord (or its Agent as directed by Landlord), without notice, demand, deduction or set off, an annual rental of $ , payable in equal and successive monthly installments of $ , in advance of Sixty Five Thousand Four Hundred Forty One Dollars ($65,441.00), beginning with the Commencement Date and continuing thereafter on the first day of each calendar month during the term hereof. Upon execution of this Lease, Tenant shall pay such rental payments to Landlord the first monthly installment of be made without any setoff or deduction whatsoever. The annual rent due hereunder. Rental for any period during the term hereof which is less than one month stated herein shall be increased beginning with the pro-rated portion of the monthly installment of rental due, based upon a 30 day month.  If this box is checked, the annual rental payable hereunder second (and accordingly the monthly installments2nd) shall be adjusted every Lease Year Anniversary by % over the amount then payable hereunder. In the event renewal of this Lease is provided for in paragraph 2 hereof and effectively exercised by Tenant, the rental adjustments provided herein shall apply to the term year of the Lease so renewedterm and each and every year thereafter in order to reflect the greater of (a) three percent (3%) annual increase, or  If this box is checked, (b) an annual increase equal to the annual rental payable hereunder (and accordingly the monthly installments) shall be adjusted every Lease Year Anniversary by the greater of: (i) percent ( %) over the amount then payable hereunder, or, (ii) the percentage increase (but not any decrease) in the numerical index of the “Consumer Price Index — All Items for All Urban Consumers” (1982-84 = 100) the United States published by the Bureau of Labor Statistics of the United States Department of Labor, Bureau of Labor Statistics (the “CPIIndex”). In order to calculate the increase in the Index, the following shall be used: The yearly rent payable beginning with the twelfth (12th) month of this Lease term shall be adjusted by multiplying it by a fraction (the “Fraction”); the numerator of which is the Index for the immediately preceding twelve (12) month period over in which the change in rental is to be computed, and the denominator of which is the Index for the month in which the Commencement Date occurred. As soon as the Index has been determined for the month in which an increase is to occur and a new Fraction established, Lessor shall give Lessee notice of the new Fraction and the amount then payable hereunderof the new rental payment.  If this box any months have elapsed since the effective date of such increase, Lessee shall promptly pay Lessor the difference between the new rentals due for such months and the rentals previously paid for such months. If the method of calculating the Index is checkedchanged hereafter, the annual rental payable hereunder Index shall be converted in accordance with the conversion factor published by the United States Department of Labor, Bureau of Labor Statistics. If the Index is discontinued or revised during the term of this Lease, such other governmental index or computation with which it is replaced (and accordingly the monthly installmentsor a comparable private index if no governmental index exists) shall be adjusted every Lease Year Anniversary by $ over used in order to obtain substantially the amount then payable hereunder. In same result as would be obtained if the event renewal of this Lease is provided for in paragraph 2 hereof and effectively exercised by Tenant, the rental adjustments provided herein shall apply to the term of the Lease so renewed,  If this box is checked, Tenant shall pay all rental to Landlord’s Agent at the following address:Index had not been discontinued or revised.

Rental. 3. Beginning on Lessee shall pay to Lessor, at the Xxxxx Town Xxxx, 432 Fifth Avenue, Lyons, Colorado, or such other place as Lessor may designate in writing, the sum of three thousand three hundred dollars (“Rent Commencement Date”$3,300.00) per tract per year (total of $6,600.00 per year), Tenant agrees to pay Landlord (or its Agent as directed by Landlord)be paid in annual installments commencing on February 1, without notice, demand, deduction or set off, an annual rental of $ , 2016 and due and payable in equal monthly installments of $ , in advance on the first day of February of each calendar month year thereafter during the term hereof. Upon execution of this LeaseAgreement. In connection with any renewal of this Agreement pursuant to Section 3.2, Tenant Lessor shall pay have the right to Landlord the first monthly installment of rent due hereunder. Rental for any period during the term hereof which is less than one month shall be the pro-rated portion of the monthly installment of rental due, based upon a 30 day month.  If this box is checked, increase the annual rental payable hereunder (and accordingly due under this Agreement in accordance with increases in the monthly installments) shall be adjusted every Lease Year Anniversary by % over the amount then payable hereunder. In the event renewal cost of this Lease is provided for in paragraph 2 hereof and effectively exercised by Tenant, the rental adjustments provided herein shall apply to the term of the Lease so renewed, or  If this box is checked, the annual rental payable hereunder (and accordingly the monthly installments) shall be adjusted every Lease Year Anniversary living as determined by the greater of: (i) percent ( %) over the amount then payable hereunder, or, (ii) the percentage increase (but not any decrease) in the numerical index of the “Consumer Price Index for All all Urban Consumers” , [Denver-Boulder-Greeley, Colorado] (All items; 1982-84 = equals 100) published issued by the Bureau of Labor Statistics of the United States Department of Labor, Bureau of Labor Statistics, or any successor agency of the United States that issues such indexes or any successor index (hereinafter the “CPI”) of Labor Statistics. Whether there has been an increase in the cost of living shall be determined initially by comparing the CPI published most recently in time before February 1, 2016 and comparing that with the CPI published most recently in time before February 1, 2019 (the first month of the renewal term). Any percentage increase in the CPI calculated as provided above shall constitute an increase in the cost of living and Lessor shall have the right to increase the rental amount in accordance with such percentage increase in the cost of living, provided however for the immediately preceding twelve (12) month period over the amount then payable hereunder.  If this box is checked, any such increase Lessor shall not increase the annual rental payable hereunder amount more than ten percent (and accordingly 10%) regardless of the monthly installments) increase in the cost of living. If there is a decrease in the cost of living however, there shall not be adjusted every Lease Year Anniversary by $ over a decrease in the amount then payable hereunderrent. In If Lessor desires to increase the event rent in accordance with the foregoing for each renewal of this Lease is provided for in paragraph 2 hereof and effectively exercised by Tenant, the rental adjustments provided herein shall apply to the term of the Lease so renewedlease,  Lessor shall provide written notice of such increase on or before January 15, 2019. The written notice to Lessee of such increase shall include copies of the CPI data used by Lessor to determine the increase. If notice is not given by such date, then there shall be no increase for the renewal of the lease term. If the CPI is discontinued, Lessor will designate an alternative comparable index to be used in calculating the increase in the basic rental under this box is checkedLease, Tenant subject to the approval of Lessee, which shall pay all rental to Landlord’s Agent at the following address:not unreasonably withhold its approval.

Rental. 3. Beginning on (“Rent Commencement Date”), Tenant agrees to pay Landlord (or its Agent as directed by to Landlord), without notice, demand, deduction or set offright of setoff, an annual as base rental hereunder, a sum equal to [*]per square foot of $ , Rentable Space per year payable in equal consecutive monthly installments installments, together with any sales tax imposed by the State of $ Florida on rentals, commencing on the Term Commencement Date as defined above and payable in advance on the first day of each month thereafter at: 000 Xxxx Xxxx Xxxxxx, Xxxxxxxx, Xxxxxxxx 00000, or such other address as Landlord shall hereafter designate in writing; provided, however, if the Tenant Improvements and Server Room Improvements (described and defined in Section 8 below) have not been Substantially Completed (as defined in Section 8 below) by the Term Commencement Date, Tenant’s obligation to pay base rental shall commence upon the Substantial Completion of the Tenant Improvements and Server Room Improvements. **Notwithstanding any of the Remedies contained in Section 23, Rent not paid within five (5) calendar month days of the due date is subject to an administrative fee equal to 3% of the outstanding balance together with interest on the unpaid Rent at the highest rate allowed by law from the due date until paid in full. Commencing on the first anniversary of the Term Commencement Date and adjusted each year thereafter during the term hereof. Upon execution initial Term of this Lease, the base rental hereunder shall be increased Three Percent (3%) over the annual base rental for the immediately preceding twelve month period. Notwithstanding anything contained herein to the contrary, there shall be no base rental due hereunder during the License Term (i.e., estimated to be October 1, 2005, through November 30, 2005). However, Tenant shall pay, during said time period, its proportionate share of Operating Costs and other amounts due hereunder. Upon the full execution hereof, Tenant shall pay to Landlord Landlord, the first monthly installment month’s base rental in the amount of rent due hereunder[*] estimated Operating Costs (as defined below) for the first month in the amount of $70,965.62 plus applicable sales taxes in the amount of [*] for a total of [*]. Rental for any period during the term hereof which is less than one month shall be the pro-rated portion Landlord acknowledges receipt of the monthly installment sum of rental due, based upon [*] which sum represents a 30 day month.  If this box is checked, the annual rental payable security deposit hereunder (and accordingly the monthly installments) shall be adjusted every Lease Year Anniversary by % over the amount then payable hereunder” Security Deposit”). In the event renewal that Tenant fails to comply with the terms and provisions of this Lease is provided for in paragraph 2 hereof and effectively exercised by TenantLease, Landlord may use the rental adjustments provided herein shall apply said Security Deposit to the term of the Lease so renewed, or  If this box is checked, the annual rental payable hereunder (and accordingly the monthly installments) shall be adjusted every Lease Year Anniversary by the greater of: (i) percent ( %) over the amount then payable hereunder, or, (ii) the percentage increase (but not any decrease) in the numerical index of the “Consumer Price Index for All Urban Consumers” (1982-84 = 100) published by the Bureau of Labor Statistics of the United States Department of Labor (“CPI”) extent necessary for the immediately preceding twelve (12) month period over the amount then payable hereunder.  If this box is checked, the annual rental payable hereunder (and accordingly the monthly installments) shall be adjusted every Lease Year Anniversary by $ over the amount then payable hereunderpurpose of correcting any defaults of Tenant. In the event renewal that all or any portion of the Security Deposit is so applied, then Tenant shall fully replenish the Security Deposit within five (5) days thereafter. The Security Deposit need not be kept in a separate interest bearing account and may be commingled with the Landlord’s general funds. Such portion of the Security Deposit as has not been applied by Landlord pursuant to the terms of this Lease is provided for in paragraph 2 hereof and effectively exercised by shall be returned to Tenant within thirty (30) days following the expiration of the Term of this Lease. At any time during the Term, Tenant, at its option, in lieu of the rental adjustments provided herein shall apply Security Deposit may deliver to Landlord an irrevocable letter of credit issued to Landlord in an amount equal to the term of the Lease so renewedSecurity Deposit,  If this box is checked, Tenant shall pay all rental in form and content and with an expiration date and drawn upon a bank reasonably acceptable to Landlord’s Agent at the following address:. * THIS CONFIDENTIAL INFORMATION HAS BEEN OMMITTED AND FILED SEPARATELY WITH THE SECURITIES AND EXHANGE COMMISSION

Rental. 3. Beginning on (“Rent Commencement Date”), Section 5.01 Tenant covenants and agrees to pay to Landlord (or its Agent as directed by Landlord)Rental for the Premises, in lawful money of the United States, 1/12 of the Annual Base Rental, payable monthly in advance, without noticeset-off, notice or demand, deduction or set off, an annual rental of $ , payable in equal monthly installments of $ , in advance on the first day of each calendar month during month. In the term hereof. Upon execution event rent is not received by Landlord from Tenant by the first day of this Leaseeach calendar month, Tenant shall pay a late charge for special handling equal to five percent (5%) of the Rental due. Rental shall be paid to Landlord, without deduction or offset, at the address of Landlord specified in the Basic Lease Information or such other place as Landlord may designate in writing. The first monthly installment of rent due hereunder. Rental shall be paid on the Commencement Date, except that if Commencement Date is a date other than the first day of a calendar month, then the monthly Rental for any period during the term hereof which is less than one month first and last fractional months of the Term shall be appropriately prorated. The term “Rental” as used herein means the pro-rated portion sum of Annual Base Rental, and all other sums due hereunder by Tenant to Landlord, whether or not expressly denominated as rent, and shall constitute Rental for the purposes of Section 502(b)(6) of the Bankruptcy Code (11 U.S.C. § 502(b)(6)) unless a lesser amount as permitted under said section is actually due to Landlord, which in that case the lesser amount shall constitute Rental owed to the Landlord. A service charge of ten percent (10%) of the amount of any checks returned stamped “NSF” will be due and payable, in addition to the overdue installments to cover Landlord’s extra cost and expense in handling and processing. No payment by Tenant or receipt by Landlord of a lesser amount than the monthly installment of rental due, based upon a 30 day month.  If due under this box is checked, the annual rental payable hereunder (and accordingly the monthly installments) Lease shall be adjusted every Lease Year Anniversary by % over deemed to be other than on account of the amount then payable earliest Rental due hereunder. In the event renewal , nor shall any endorsement or statement on any check or payment as Rental be deemed a waiver of this Lease is provided for in paragraph 2 hereof and effectively exercised by Tenant, the rental adjustments provided herein shall apply to the term a breach of the Lease so renewedAgreement or an accord and satisfaction, and Landlord may accept such check or  If this box is checked, the annual rental payable hereunder (and accordingly the monthly installments) shall be adjusted every Lease Year Anniversary by the greater of: (i) percent ( %) over the amount then payable hereunder, or, (ii) the percentage increase (but not any decrease) in the numerical index of the “Consumer Price Index for All Urban Consumers” (1982-84 = 100) published by the Bureau of Labor Statistics of the United States Department of Labor (“CPI”) for the immediately preceding twelve (12) month period over the amount then payable hereunder.  If this box is checked, the annual rental payable hereunder (and accordingly the monthly installments) shall be adjusted every Lease Year Anniversary by $ over the amount then payable hereunder. In the event renewal of this Lease is provided for in paragraph 2 hereof and effectively exercised by Tenant, the rental adjustments provided herein shall apply to the term of the Lease so renewed,  If this box is checked, Tenant shall pay all rental payment without prejudice to Landlord’s Agent right to recover possession of the Premise and/or the balance of such Rental or pursue any other remedy provided in this Lease or by law, unless otherwise waived in writing by Landlord. All rent in arrears shall bear interest at the following address:Stipulated Rate of Interest of one and one half percent (1.5%) per month from the date on which the same became due until the date of payment thereof.

Rental. 3. Beginning on (“Rent Commencement Date”), Tenant agrees to pay Landlord (or its Agent as directed by Landlord), without notice, demand, deduction or set off, an annual rental of $ , payable in equal monthly installments of $ , in advance on the first day of each calendar month during the term hereof. Upon execution of this Lease, Tenant shall pay to Landlord the first monthly installment of rent due hereunder. Rental for any period during the term hereof which is less than one month shall be the pro-rated portion of the monthly installment of rental due, based upon a 30 day month.  If this box is checked, the annual rental payable hereunder (and accordingly the monthly installments) shall be adjusted every Lease Year Anniversary by % over the amount then payable hereunder. In the event renewal of this Lease is provided for in paragraph Section Paragraph 2 hereof and effectively exercised by Tenant, the rental adjustments provided herein shall apply to the term of the Lease so renewed, or  If this box is checked, the annual rental payable hereunder (and accordingly the monthly installments) shall be adjusted every Lease Year Anniversary by the greater of: (i) percent ( %) over the amount then payable hereunder, or, (ii) the percentage increase (but not any decrease) in the numerical index of the “Consumer Price Index for All Urban Consumers” (1982-84 = 100) published by the Bureau of Labor Statistics of the United States Department of Labor (“CPI”) for the immediately preceding twelve (12) month period over the amount then payable hereunder.  If this box is checked, the annual rental payable hereunder (and accordingly the monthly installments) shall be adjusted every Lease Year Anniversary by $ over the amount then payable hereunder. In the event renewal of this Lease is provided for in paragraph Section Paragraph 2 hereof and effectively exercised by Tenant, the rental adjustments provided herein shall apply to the term of the Lease so renewed.  If this box is checked, the annual rental payable hereunder (and accordingly the monthly installments) shall be adjusted as provided on Exhibit B.  If this box is checked, Tenant shall pay all rental to Landlord’s Agent at the following address:

Rental. 3. Beginning on In consideration for LESSEE’s primary use of the Leased Premises as a community center providing arts, culture, and educational programming in furtherance of the City of St. Augustine’s Vision Plan: 2014 and Beyond, the rental of the Leased Premises shall be in the amount of eighteen thousand and 00/100 ($18,000.00) Dollars (“Rent Commencement DateRent”), Tenant agrees to pay Landlord (or its Agent as directed by Landlord), without notice, demand, deduction or set off, an annual rental ) over the Initial Term of $ , this Agreement and shall be payable in equal monthly installments of $ monthly, in advance advance, at a rate of $500.00, plus applicable taxes, commencing on the first day of , 2022, and on the first day of each calendar consecutive month thereafter during the term hereof. Upon execution Initial Term of this Lease, Tenant . The Rent shall pay to Landlord be annually adjusted on the first monthly installment day of rent , 2023 and on the first day of of each year thereafter based on the increase in the Consumer Price Index (CPI) for southern urban consumers for areas with a population of fewer than 50,000 for the measured period of June 1st through May 31st of each year. The rental of the Leased Premises for a First Renewal Term or Second Renewal Term will be due hereunderand payable in the same manner, unless otherwise agreed to by the parties in writing in an addendum to this Lease Agreement. Rental for any period during the term hereof which is less than one month The Rent shall be payable the promonth preceding the month of occupancy and shall be payable to LESSOR at: City of St. Augustine Department of Finance, Budget, and Management X.X. XXX 000 XX. XXXXXXXXX, XXXXXXX 00000-rated portion 0000 A late fee of fifteen (15%) percent of the monthly installment lease will be assessed for any late payment received after the fifth day of rental due, based upon a 30 day each month.  If this box is checkedFailure to pay rent, in total, before the annual rental payable hereunder (and accordingly end of the monthly installments) fifth day shall be adjusted every Lease Year Anniversary by % over a default of the amount then Terms of this Rental Agreement. In addition to the Rent payable hereunder. In , LESSEE shall be responsible, as Additional Rent, for the event renewal payment of any real estate taxes assessed during the Term of this Lease is provided for in paragraph 2 hereof and effectively exercised by Tenant, the rental adjustments provided herein any governmental agency having taxing authority. Real estate taxes shall apply to the term be paid within thirty (30) days of the Lease so reneweddate an invoice for such taxes is transmitted to LESSEE by LESSOR. LESSEE shall be responsible for timely payment of all personal property taxes, excise, use, sales, or  If this box is checked, the annual other taxes which may be levied for or on account of LESSEE’S occupancy or rental payable hereunder (and accordingly the monthly installments) shall be adjusted every Lease Year Anniversary by the greater of: (i) percent ( %) over the amount then payable hereunder, or, (ii) the percentage increase (but not any decrease) in the numerical index of the “Consumer Price Index for All Urban Consumers” (1982-84 = 100) published by Leased Premises now or at any time during the Bureau of Labor Statistics of the United States Department of Labor (“CPI”) for the immediately preceding twelve (12) month period over the amount then payable hereunder.  If this box is checked, the annual rental payable hereunder (and accordingly the monthly installments) shall be adjusted every Lease Year Anniversary by $ over the amount then payable hereunder. In the event renewal Term of this Lease is provided for in paragraph 2 hereof and effectively exercised by Tenant, the rental adjustments provided herein shall apply to the term of the Lease so renewed,  If this box is checked, Tenant shall pay all rental to Landlord’s Agent at the following address:Agreement.

Rental. 3. Beginning on (“Rent Commencement Date”), Tenant agrees to pay Landlord (or its Agent as directed by Landlord), without notice, demand, deduction or set off, an annual rental of $ , 148,750 payable in equal monthly installments of $ , $12,395.83 in advance on the first day of each calendar month during the term hereof. Upon execution of this Lease, Tenant shall pay to Landlord the first monthly installment of month’s rent due hereunder. Rental for any period during the term hereof which is less than one month shall be the pro-rated portion of the monthly installment of rental due, based upon a 30 day month.  If this box is checked, On each Lease Year Anniversary the annual rental payable hereunder (and accordingly the monthly installments) shall be adjusted every adjusted. (See Addendum A). x by any change in the Consumer Price Index, Urban Wage Earners and Clerical Workers, All Cities (CPI-W, 1982-1984=100) (“Index”) by multiplying the then effective annual rental by the value of said Index for the month two months prior to the Lease Year Anniversary and dividing the product by % over the amount then payable hereundervalue of said Index for the month two months prior to the previous Lease Year Anniversary (in the instance of the first Lease Year Anniversary the value of the Index for the month two months prior to the first full month of the term hereof). In the event renewal of this Lease is provided for in paragraph 2 hereof and effectively exercised by Tenant, the rental adjustments provided herein shall apply Index ceases to the term of the Lease so renewed, or  If this box is checked, the annual rental payable hereunder (and accordingly the monthly installments) be published there shall be adjusted every Lease Year Anniversary by substituted for the greater of: (i) percent ( %) over Index the amount then payable hereunder, or, (ii) the percentage increase (but not any decrease) in the numerical index of the “Consumer Price Index for All Urban Consumers” (1982-84 = 100) measure published by the Bureau of Labor Statistics of the United States US Department of Labor which most nearly approximates the Index; x as follows: NOTE: CPI IS CAPPED AT 3% PER YEAR NOTE: AS LONG AS TENANT IS NOT IN DEFAULT WITH SAID LANDLORD, TENANT SHALL HAVE THE OPTION TO RENEW THIS LEASE AGREEMENT FOR ONE ADDITIONAL TERM OF FIVE (“CPI”5) for the immediately preceding twelve (12) month period over the amount then payable hereunderYEARS.  If this box is checkedTHE TERMS AND CONDITIONS SHALL REMAIN THE SAME EXCEPT THE RENT SHALL BE NEGOTIATED AT THAT TIME; TENANT MUST NOTIFY SAID LANDLORD, the annual rental payable hereunder (and accordingly the monthly installments) shall be adjusted every Lease Year Anniversary by $ over the amount then payable hereunderNO LATER THAN 120-DAYS PRIOR TO THE EXPIRATION OF THE INITIAL SEVEN-YEAR TERM, OF ITS INTENT TO EXTEND THIS LEASE AGREEMENT. In the event renewal of this Lease is provided for in paragraph 2 hereof and effectively exercised by Tenant, the rental adjustments provided herein shall apply to the term of the Lease so renewed,  NOTIFICATION MUST BE DONE IN WRITING VIA CERTIFIED MAIL. x If this box is checked, Tenant shall pay all rental to Landlord’s Agent at the following address:: 000 XXXXXXX XXXXX, RALEIGH, NC 27603 LATE CHARGES