Common use of Abated Base Rent Clause in Contracts

Abated Base Rent. Provided that Tenant is not then in monetary or non-monetary material default of this Lease beyond any applicable notice and cure period, then during the initial nine (9) full calendar months of the initial Term (the "Rent Abatement Period"), Tenant shall not be obligated to pay any Base Rent otherwise attributable to the Premises during such Rent Abatement Period (the "Rent Abatement"). Landlord and Tenant acknowledge that the aggregate amount of the Rent Abatement equals $516,600.00. Txxxxx acknowledges and agrees that the foregoing Rent Abatement has been granted to Tenant as additional consideration for entering into this Lease, and for agreeing to pay the rental and performing the terms and conditions otherwise required under this Lease. If Tenant shall be in monetary or non-monetary material default under this Lease and shall fail to cure such default within the notice and cure period, if any, permitted for cure pursuant to terms and conditions of the Lease, then the dollar amount of the unapplied portion of the Rent Abatement as of the date of such default shall be converted to a credit to be applied to the Base Rent applicable at the end of the Lease Term and Tenant shall immediately be obligated to begin paying Base Rent for the Premises in full. {3925-00031/01363433;7} -9- SHORES CENTERSoleno Therapeutics, Inc.

Abated Base Rent. Provided that Tenant is not then in monetary or non-monetary material default of this Lease beyond any applicable notice and cure periodperiods, then during the initial nine second (92nd) through ninth (9th) full calendar months of following the initial Term Lease Commencement Date (the "“Rent Abatement Period"”), Tenant shall not be obligated to pay any Base Rent otherwise attributable to the Premises during such Rent Abatement Period (the "“Rent Abatement"”). Landlord and Tenant acknowledge that the aggregate amount of the Rent Abatement equals $516,600.003,167,068.00. Txxxxx Tenant acknowledges and agrees that the foregoing Rent Abatement has been granted to Tenant as additional consideration for entering into this Lease, and for agreeing to pay the rental and performing the terms and conditions otherwise required under this Lease. If Tenant shall be in monetary or non-monetary material default under this Lease Lease, and shall fail to cure such default within the notice and cure period, if any, permitted for cure pursuant to terms and conditions of the Lease, or if this Lease is terminated for any reason other than Landlord’s breach of this Lease or an event of casualty or condemnation, at any time prior to the expiration of the Rent Abatement Period, then the dollar amount of the unapplied portion of the Rent Abatement as of the date of such default or termination, as the case may be, shall be converted to a credit to be applied to the Base Rent applicable at the end of the Lease Term and Tenant shall immediately be obligated to begin paying Base Rent for the Premises in full. {3925-00031/01363433;7} -9- SHORES CENTERSoleno Therapeutics, Inc..”

Abated Base Rent. Provided that Tenant is not then in monetary or non-monetary material default of this the Lease beyond any applicable notice and cure period(as hereby amended), then during the initial nine (9) full calendar months of the initial Term period commencing on August 1, 2017 and ending on September 30, 2017 (the "“Rent Abatement Period"”), Tenant shall not be obligated to pay any Base Rent otherwise attributable to the Premises during such Rent Abatement Period (the "“Rent Abatement"”). Landlord and Tenant acknowledge that the aggregate amount of the Rent Abatement equals $516,600.0098,181.00 (i.e., $49,090.50 per month). Txxxxx Tenant acknowledges and agrees that the foregoing Rent Abatement has been granted to Tenant as additional consideration for entering into this LeaseSecond Amendment, and for agreeing to pay the rental Rent and performing perform the terms and conditions otherwise required under this Leasethe Lease (as hereby amended). If Tenant shall be in monetary or non-monetary material default under this the Lease (as hereby amended) and shall fail to cure such default within the notice and cure period, if any, permitted for cure pursuant to terms and conditions the Lease (as hereby amended), or if the Lease (as hereby amended) is terminated for any reason, other than as the result of the Leasecasualty or condemnation, then the dollar amount of the unapplied portion of the Rent Abatement as of the date of such default or termination shall be converted to a credit to be applied to the Base Rent applicable at the end of the Lease Extended Term and Tenant shall immediately be obligated to begin paying Base Rent for the Premises in full. {3925-00031/01363433;7} -9- SHORES CENTERSoleno Therapeutics, Inc..

Abated Base Rent. Provided that Tenant is not then in monetary or non-monetary material default of this Lease beyond any applicable notice and cure periodthe Lease, then during the initial nine last two (92) full calendar months of the initial Extended Term (the "“Rent Abatement Period"”), Tenant shall not be obligated to pay any Base Rent otherwise attributable to the Premises during such Rent Abatement Period (the "“Rent Abatement"”). Landlord and Tenant acknowledge that the aggregate amount of the Rent Abatement equals Three Hundred Ninety Thousand Seven Hundred Ninety-Nine and 74/100 Dollars ($516,600.00390,799.74). Txxxxx Tenant acknowledges and agrees that the foregoing Rent Abatement has been granted to Tenant as additional consideration for entering into this LeaseSecond Amendment, and for agreeing to pay the rental and performing the terms and conditions otherwise required under this the Lease. If Tenant shall be in monetary or non-monetary material default under this the Lease during the Rent Abatement Period and shall fail to cure such default within the notice and cure period, if any, permitted for cure pursuant to terms and conditions of the Lease, then the dollar amount of the unapplied portion of the Rent Abatement as of the date of such default shall be converted to a credit to be applied to the Base Rent applicable at the end of the Lease Term terminate effective immediately and Tenant shall immediately be obligated to begin recommence paying Base Rent for the Premises in full. {3925-00031/01363433;7} -9- SHORES CENTERSoleno Therapeutics, Inc.full and Tenant shall have no further right to any Rent Abatement hereunder.

Abated Base Rent. Provided that Tenant is not then in material or monetary or non-monetary material default of this the Lease beyond any applicable notice and cure periodperiods, then during the initial nine first four (94) full calendar months of the initial Second Extended Term (the "“Rent Abatement Period"”), Tenant shall not be obligated to pay any Base Rent otherwise attributable to the Premises during such Rent Abatement Period (the "“Rent Abatement"”). Landlord and Tenant acknowledge that the aggregate amount of the Rent Abatement equals $516,600.00924,492.80 (the “Abated Base Rent”). Txxxxx Xxxxxx acknowledges and agrees that the foregoing Rent Abatement has been granted to Tenant as additional consideration for entering into this LeaseAmendment, and for agreeing to pay the rental and performing the terms and conditions otherwise required under this the Lease. If Tenant shall be in material or monetary or non-monetary material default under this the Lease and shall fail to cure such default within the notice and cure period, if any, permitted for cure pursuant to terms and conditions of the Lease, then the dollar amount of the unapplied portion of the Rent Abatement as of the date of such default shall be converted to a credit to be applied to the Base Rent applicable at the end of and the Lease Term and is terminated thereafter, then Landlord may at its option, by notice to Tenant, elect, in addition to any other remedies Landlord may have under the Lease, that Tenant shall immediately be become obligated to begin paying pay to Landlord all unamortized Abated Base Rent for (i.e., based upon the Premises amortization of the Abated Base Rent in full. {3925-00031/01363433;7} -9- SHORES CENTERSoleno Therapeuticsequal monthly amounts, Inc.without interest, during the period commencing on the Second Extended Term Commencement Date and ending on the Second Extended Term Expiration Date).

Abated Base Rent. Provided that Tenant is not then in monetary or non-monetary material default of this Lease beyond any applicable notice and cure periodDefault, then during the initial nine (9) full calendar months of the initial Term Abated Months (the "“Rent Abatement Period"”), Tenant shall not be obligated to pay any Base Rent otherwise attributable to the Premises (exclusive of parking charges) during such Rent Abatement Period (the "“Rent Abatement"”). Landlord and Tenant acknowledge that the aggregate amount of the Rent Abatement equals $516,600.00. Txxxxx acknowledges and agrees that the foregoing Rent Abatement has been granted to Tenant as additional consideration for entering into this Lease, and for agreeing to pay the rental and performing the terms and conditions otherwise required under this Lease. If Tenant shall be in monetary or non-monetary material default under this Lease Lease, and shall fail to cure such default within the notice and cure period, if any, permitted for cure pursuant to terms and conditions of the Lease, or if this Lease is terminated for any reason as a result of such default, then the dollar amount of the unapplied portion of the Rent Abatement as of the date of such default or termination, as the case may be, shall be converted to a credit to be applied to the Base Rent applicable at the end of the Lease Term and Tenant shall immediately be obligated to begin paying Base Rent for the Premises in full. {3925-00031/01363433;7} -9- SHORES CENTERSoleno Therapeutics, Inc..

Abated Base Rent. Provided that Tenant is not then in monetary or non-monetary material default of this the Lease beyond any applicable notice and cure period(as hereby amended), then during the initial nine (9) full calendar months of the initial Term period commencing on October 1, 2015 and ending on April 14, 2016 (the "“Rent Abatement Period"”), Tenant shall not be obligated to pay any Base Rent otherwise attributable to the Expansion Premises during such Rent Abatement Period (the "“Rent Abatement"”). Landlord and Tenant acknowledge that the aggregate amount of the Rent Abatement equals $516,600.00307,068.39. Txxxxx Tenant acknowledges and agrees that the foregoing Rent Abatement has been granted to Tenant as additional consideration for entering into this LeaseFirst Amendment, and for agreeing to pay the rental Rent and performing the terms and conditions otherwise required under this Leasethe Lease (as hereby amended). If Tenant shall be in monetary or non-monetary material default under this Lease Lease, and shall fail to cure such default within the notice and cure period, if any, permitted for cure pursuant to terms and conditions of the Lease, or if this Lease is terminated for any reason other than Landlord’s breach of this Lease, casualty or condemnation, then the dollar amount of the unapplied portion of the Rent Abatement as of the date of such default or termination, as the case may be, shall be converted to a credit to be applied to the Base Rent applicable at the end of the Lease Term and Tenant shall immediately be obligated to begin paying Base Rent for the Premises in full. {3925-00031/01363433;7} -9- SHORES CENTERSoleno Therapeutics, Inc..

Abated Base Rent. Provided that Tenant is not then in material or monetary or non-monetary material default of this the Lease beyond any applicable notice and cure periodperiods, then during the initial nine first two (92) full calendar months month(s) of the initial Extended Term (the "“Rent Abatement Period"”), Tenant shall not be obligated to pay any Base Rent otherwise attributable to the Premises during such Rent Abatement Period (the "“Rent Abatement"”). Landlord and Tenant acknowledge that the aggregate amount of the Rent Abatement equals $516,600.00488,510.40 (the “Abated Base Rent”). Txxxxx Tenant acknowledges and agrees that the foregoing Rent Abatement has been granted to Tenant as additional consideration for entering into this LeaseAmendment, and for agreeing to pay the rental and performing the terms and conditions otherwise required under this the Lease. If Tenant shall be in material or monetary or non-monetary material default under this the Lease and shall fail to cure such default within the notice and cure period, if any, permitted for cure pursuant to terms and conditions of the Lease, then the dollar amount of the unapplied portion of the Rent Abatement as of the date of such default shall be converted to a credit to be applied to the Base Rent applicable at the end of and the Lease Term and is terminated thereafter, then Landlord may at its option, by notice to Tenant, elect, in addition to any other remedies Landlord may have under the Lease, that Tenant shall immediately be become obligated to begin paying pay to Landlord all unamortized Abated Base Rent for (i.e., based upon the Premises amortization of the Abated Base Rent in full. {3925-00031/01363433;7} -9- SHORES CENTERSoleno Therapeuticsequal monthly amounts, Inc.without interest, during the period commencing on the Extended Term Commencement Date and ending on the Extended Term Expiration Date).

Abated Base Rent. Provided that Tenant is not then in monetary or non-monetary material default of this Lease beyond any and applicable notice and cure periodperiod expressly set forth in this Lease, then during the initial nine first (91st) full calendar months month of the initial Lease Term (the "“Rent Abatement Period"”), Tenant shall not be obligated to pay any Base Rent otherwise attributable to the Premises during such Rent Abatement Period (the "“Rent Abatement"”). Landlord and Tenant acknowledge that the aggregate amount of the Rent Abatement equals $516,600.0024,926.25. Txxxxx Tenant acknowledges and agrees that the foregoing Rent Abatement has been granted to Tenant as additional consideration for entering into this Lease, and for agreeing to pay the rental and performing the terms and conditions otherwise required under this Lease. If Tenant shall be in monetary or non-monetary material default under this Lease Lease, and shall fail to cure such default within the notice and cure period, if any, permitted for cure pursuant to terms and conditions of the Lease, or if this Lease is terminated for any reason other than Landlord’s breach of this Lease, then the dollar amount of the unapplied portion of the Rent Abatement as of the date of such default or termination, as the case may be, shall be converted to a credit to be applied to the Base Rent applicable at the end of the Lease Term and Tenant shall immediately be obligated to begin paying Base Rent for the Premises in full. {3925-00031/01363433;7} -9- SHORES CENTERSoleno Therapeutics, Inc..

Abated Base Rent. Provided that Tenant is not then in monetary or non-monetary material default of this Lease beyond any applicable notice and cure periodperiods, then during (i) the initial nine second (92nd) through ninth (9th) full calendar months of following the initial Term Lease Commencement Date with respect to the 10275 Building, and (ii) the "second (2nd) through fourteenth (14th) full Rent Abatement Period"), Tenant shall not be obligated to pay any Base Rent Period nt otherwise attributable to the Premises during such Rent Abatement Period (the "Rent Abatement"). Landlord and Tenant acknowledge that the aggregate amount of the Rent Abatement equals (a) $516,600.003,167,068.00 with respect to the 10275 Building, and (b) $2,992,571.02 with respect to the 10275 Building. Txxxxx Tenant acknowledges and agrees that the foregoing Rent Abatement has been granted to Tenant as additional consideration for entering into this Lease, and for agreeing to pay the rental and performing the terms and conditions otherwise required under this Lease. If Tenant shall be in monetary or non-monetary material default under this Lease Lease, and shall fail to cure such default within the notice and cure period, if any, permitted for cure pursuant to terms and conditions of the Lease, or if this Lease is terminated of this Lease or an event of casualty or condemnation, at any time prior to the expiration of the Rent Abatement Period, then the dollar amount of the unapplied portion of the Rent Abatement as of the date of such default or termination, as the case may be, shall be converted to a credit to be applied to the Base Rent applicable at the end of the Lease Term and Tenant shall immediately be obligated to begin paying Base Rent for the Premises in full. {3925-00031/01363433;7} -9- SHORES CENTERSoleno Therapeutics, Inc.4.