Common use of Additional Tenant Improvement Allowance Clause in Contracts

Additional Tenant Improvement Allowance. In addition to the Tenant Improvement Allowance, Tenant shall have the right, by written notice to Landlord given on or before the Allowance Deadline, to cause Landlord to provide up to $50.00 per rentable square foot of the Premises (i.e., up to $4,405,300.00) (the "Additional TI Allowance") towards the payment of the costs of the Tenant Improvement Allowance Items. In the event Tenant exercises its right to use all or any portion of the Additional TI Allowance, Tenant shall be required to pay Landlord, commencing on the date the Tenant Improvements are completed (the "Additional Payment Commencement Date"), the "Additional TI Allowance Payment," as that term is defined below, in consideration of Landlord provision of the Additional TI Allowance. The "Additional TI Allowance Payment" shall be determined as the missing component of an annuity, which annuity shall have (i) the amount of the Additional TI Allowance utilized by Tenant as the present value amount, (ii) a number equal to the number of full calendar months then remaining in the Lease Term as the number of payments, (iii) a monthly interest factor equal to eight and one-half percent (8.5%) per annum divided by twelve (12) months per year, and (iv) the Additional TI Allowance Payment as the missing component of the annuity. Following the calculation of the Additional TI Allowance Payment, Landlord and Tenant will enter into a lease amendment to confirm the amount thereof. Any portion of the Tenant Improvement Allowance as to which Tenant has not properly requested disbursement by the Allowance Deadline, shall revert to Landlord and Tenant shall have no further rights with respect thereto. The Additional TI Allowance Payment shall not be subject to annual Base Rent increases.

Additional Tenant Improvement Allowance. In addition As set forth in Section A2 above, the Three Bridgepoint Tenant Improvement Allowance is $20.00 per rentable square foot for the Three Bridgepoint Premises. All costs incurred in the design or construction of the Three Bridgepoint Tenant Improvements in excess of such amounts shall be paid by Tenant. Notwithstanding the foregoing, in the event Tenant requests additional allowances for moving expenses or additional Three Bridgepoint Tenant Improvements in excess of the Three Bridgepoint Tenant Improvement Allowance, Landlord will provide a reasonable increase in the Three Bridgepoint Tenant Improvement Allowance, not to exceed an additional $10.00 per rentable square foot in the Three Bridgepoint Premises ("Three Bridgepoint Additional Tenant Improvement Allowance"); provided, however, the Three Bridgepoint Additional Tenant Improvement Allowance, plus interest thereon at the rate of ten percent (10%), shall be added to the Base Rent and amortized over the Term of the Lease. If Tenant desires to request the Three Bridgepoint Additional Tenant Improvement Allowance, Tenant shall have the right, by give Landlord written notice to Landlord given on or before thereof. Once the Allowance Deadline, to cause Landlord to provide up to $50.00 per rentable square foot total cost of the Premises (i.e., up to $4,405,300.00) (the "Three Bridgepoint Additional TI Allowance") towards the payment of the costs of the Tenant Improvement Allowance Itemsis determined, Landlord shall calculate the revised Base Rent and give Tenant written notice thereof. Upon completion of the Three Bridgepoint Tenant Improvements and the issuance of a certificate of occupancy for same by the City of Austin, Landlord shall provide to Tenant an accounting of all costs, expenses and fees related to the construction of the Three Bridgepoint Tenant Improvements. In the event Tenant exercises its right to use all or any portion the total cost of the Three Bridgepoint Tenant Improvements exceeds the Three Bridgepoint Tenant Improvement Allowance and the Three Bridgepoint Additional TI Tenant Improvement Allowance, Tenant shall be required pay to pay Landlord the excess within thirty (30) days from the date such accounting is delivered to Tenant. Tenant, at its expense, shall have the right to examine all of the books and records of Landlord, commencing on Landlord's contractor or the date Architect in order to verify the Tenant Improvements are completed (the "Additional Payment Commencement Date"), the "Additional TI Allowance Payment," as that term is defined below, in consideration of Landlord provision total cost of the Additional TI Allowance. The "Additional TI Allowance Payment" shall be determined as the missing component of an annuity, which annuity shall have (i) the amount of the Additional TI Allowance utilized by Three Bridgepoint Tenant as the present value amount, (ii) a number equal to the number of full calendar months then remaining in the Lease Term as the number of payments, (iii) a monthly interest factor equal to eight and one-half percent (8.5%) per annum divided by twelve (12) months per year, and (iv) the Additional TI Allowance Payment as the missing component of the annuity. Following the calculation of the Additional TI Allowance Payment, Landlord and Tenant will enter into a lease amendment to confirm the amount thereof. Any portion of the Tenant Improvement Allowance as to which Tenant has not properly requested disbursement by the Allowance Deadline, shall revert to Landlord and Tenant shall have no further rights with respect thereto. The Additional TI Allowance Payment shall not be subject to annual Base Rent increasesImprovements.

Additional Tenant Improvement Allowance. In addition As set forth in Section B2 above, the One Bridgepoint Tenant Improvement Allowance is $7.50 per rentable square foot for the One Bridgepoint Premises. All costs incurred in the design or construction of the One Bridgepoint Tenant Improvements in excess of such amounts shall be paid by Tenant. Notwithstanding the foregoing, in the event Tenant requests additional allowances for moving expenses or additional One Bridgepoint Tenant Improvements in excess of the One Bridgepoint Tenant Improvement Allowance, Landlord will provide a reasonable increase in the One Bridgepoint Tenant Improvement Allowance, not to exceed an additional $3.00 per rentable square foot in the One Bridgepoint Premises ("One Bridgepoint Additional Tenant Improvement Allowance"); provided, however, the One Bridgepoint Additional Tenant Improvement Allowance, plus interest thereon at the rate of ten percent (10%), shall be added to the Base Rent and amortized over the Term of the Lease. If Tenant desires to request the One Bridgepoint Additional Tenant Improvement Allowance, Tenant shall have the right, by give Landlord written notice to Landlord given on or before thereof. Once the Allowance Deadline, to cause Landlord to provide up to $50.00 per rentable square foot total cost of the Premises (i.e., up to $4,405,300.00) (the "One Bridgepoint Additional TI Allowance") towards the payment of the costs of the Tenant Improvement Allowance Itemsis determined, Landlord shall calculate the revised Base Rent and give Tenant written notice thereof. Upon completion of the One Bridgepoint Tenant Improvements and the issuance of a certificate of occupancy for same by the City of Austin, Landlord shall provide to Tenant an accounting of all costs, expenses and fees related to the construction of the One Bridgepoint Tenant Improvements. In the event Tenant exercises its right to use all or any portion the total cost of the One Bridgepoint Tenant Improvements exceeds the One Bridgepoint Tenant Improvement Allowance and the One Bridgepoint Additional TI Tenant Improvement Allowance, Tenant shall be required pay to pay Landlord the excess within thirty (30) days from the date such accounting is delivered to Tenant. Tenant, at its expense, shall have the right to examine all of the books and records of Landlord, commencing on Landlord's contractor or the date Architect in order to verify the Tenant Improvements are completed (the "Additional Payment Commencement Date"), the "Additional TI Allowance Payment," as that term is defined below, in consideration of Landlord provision total cost of the Additional TI Allowance. The "Additional TI Allowance Payment" shall be determined as the missing component of an annuity, which annuity shall have (i) the amount of the Additional TI Allowance utilized by One Bridgepoint Tenant as the present value amount, (ii) a number equal to the number of full calendar months then remaining in the Lease Term as the number of payments, (iii) a monthly interest factor equal to eight and one-half percent (8.5%) per annum divided by twelve (12) months per year, and (iv) the Additional TI Allowance Payment as the missing component of the annuity. Following the calculation of the Additional TI Allowance Payment, Landlord and Tenant will enter into a lease amendment to confirm the amount thereof. Any portion of the Tenant Improvement Allowance as to which Tenant has not properly requested disbursement by the Allowance Deadline, shall revert to Landlord and Tenant shall have no further rights with respect thereto. The Additional TI Allowance Payment shall not be subject to annual Base Rent increasesImprovements.

Additional Tenant Improvement Allowance. In addition As set forth in Paragraph 1 of this Exhibit "C" above, the Tenant Improvement Allowance is $18.00 per rentable square foot contained in the Premises. All Tenant Improvements Costs in excess of the Tenant Improvement Allowance shall be paid by Tenant prior to occupancy of the Premises. Notwithstanding the foregoing, if the Tenant Improvements Cost is in excess of the Tenant Improvement Allowance, Landlord agrees to provide an additional allowance not to exceed fifty percent (50%) of the Tenant Improvements Cost in excess of the Tenant Improvement Allowance (the "Additional Tenant Improvement Allowance"); provided, however, the Additional Tenant Improvement Allowance, plus interest thereon at the rate of ten percent (10%) per annum, shall be amortized over the initial Term of the Lease and added to the Base Rent. If Tenant requests the Additional Tenant Improvement Allowance, Tenant shall have the right, by give Landlord written notice thereof prior to Landlord given on or before the Allowance Deadline, to cause Landlord to provide up to $50.00 per rentable square foot Tenant's occupancy of the Premises (i.e., up Premises. Prior to $4,405,300.00) (the "Additional TI Allowance") towards the payment substantial completion of the costs Premises, Landlord shall prepare and deliver to Tenant an estimate of the Tenant Improvements Cost in excess of the Tenant Improvement Allowance Items. In and the event Additional Tenant exercises its right Improvement Allowance (the "Estimated Excess Costs"), and Tenant shall pay the Estimated Excess Costs to use all or any portion Landlord prior to Tenant's occupancy of the Premises. Upon substantial completion of the Tenant Improvements and the issuance of a certificate of occupancy for the Premises by the City of Austin, Landlord shall provide Tenant an accounting of the actual Tenant Improvements Cost, which shall include all costs, expenses and fees related to the design and construction of the Tenant Improvements. If the total Tenant Improvements Cost exceeds the Tenant Improvement Allowance, the Additional TI Tenant Improvement Allowance, and the Estimated Excess Costs paid by Tenant prior to occupancy, Tenant shall be required pay to pay Landlord, commencing on Landlord the excess within thirty (30) days from the date such accounting is delivered to Tenant. If the total Tenant Improvements are completed (the "Additional Payment Commencement Date"), the "Additional TI Allowance Payment," as that term Cost is defined below, in consideration of Landlord provision of the Additional TI Allowance. The "Additional TI Allowance Payment" shall be determined as the missing component of an annuity, which annuity shall have (i) the amount of the Additional TI Allowance utilized by Tenant as the present value amount, (ii) a number equal to the number of full calendar months then remaining in the Lease Term as the number of payments, (iii) a monthly interest factor equal to eight and one-half percent (8.5%) per annum divided by twelve (12) months per year, and (iv) the Additional TI Allowance Payment as the missing component of the annuity. Following the calculation of the Additional TI Allowance Payment, Landlord and Tenant will enter into a lease amendment to confirm the amount thereof. Any portion of less than the Tenant Improvement Allowance as Allowance, the Additional Tenant Improvement Allowance, and the Estimated Excess Costs paid by Tenant prior to which occupancy, Landlord shall refund to Tenant has not properly requested disbursement by any surplus within thirty (30) days from the Allowance Deadlinedate such accounting is delivered to Tenant. Tenant, at its expense, shall revert have the right to examine all of the books and records of Landlord, the General Contractor, or the architects in order to verify and approve the total Tenant Improvements Cost. Once the Additional Tenant Improvement Allowance is finally determined, Landlord and Tenant shall have no further rights with respect thereto. The Additional TI Allowance Payment shall not be subject to annual calculate the revised Base Rent increasesand give Tenant written notice thereof.

Additional Tenant Improvement Allowance. In addition to the Tenant Improvement Allowance, Tenant shall have the right, by written notice to Landlord given on or before the Allowance Deadline, to cause Landlord hereby agrees to provide up to $50.00 per rentable square foot of Tenant with the Premises (i.e., up to $4,405,300.00) (the "Additional TI Allowance") towards the payment of the costs of the Tenant Improvement Allowance Items. In the event Tenant exercises its right option to use all or a portion of an additional tenant improvement allowance in the amount of One Hundred Forty Two Thousand Six Hundred Forty and 00/100 Dollars ($142,640.00) (the “Additional Tenant Improvement Allowance”). Tenant shall be permitted to use the Additional Tenant Improvement Allowance for hard and soft costs incurred by Tenant in connection with any future alterations or improvements to the Expansion Premises completed in accordance with Section 10 of the Lease and this Section 9(b). In connection with construction of any such alterations or tenant improvements by Landlord, Landlord shall contract with a general contractor as set forth above selected from a list of competitive bidders who are subject to the reasonable approval of Tenant, for the performance of the tenant improvements under the direct supervision of Xxxxxxx Properties, Inc. as construction manager, at a fee equal to five percent (5%) of hard construction costs (scope of work to include coordination of architect, engineer, design/build subcontractors, general contractor, submittals for permits, construction and punch list) as a cost of the tenant improvements. The Additional Tenant Improvement Allowance shall be disbursed by Landlord directly to the applicable design professional, contractor, materialman or other laborer in connection with the construction of such tenant improvements. Tenant shall be liable for all fees and costs of the design and construction of any tenant improvements in excess of the Additional Tenant Improvement Allowance once the Additional Tenant Improvement Allowance has been disbursed (such difference referred to herein as the “Additional Tenant Improvement Shortfall”). Tenant shall pay the Additional Tenant Improvement Shortfall upon written request from Landlord accompanied by invoices reflecting such amounts due within thirty (30) days following Tenant’s receipt of such payment request. Tenant hereby acknowledges and agrees that to the extent Tenant desires to use any portion of the Additional TI Tenant Improvement Allowance, Tenant such disbursements shall be required completed prior to pay Landlord, commencing on the date last day of the Tenant Improvements are completed eighteenth (18th) month following the "Additional Payment Expansion Premises Commencement Date"). Thereafter, the "Additional TI Allowance Payment," as that term is defined below, in consideration of Landlord provision of the Additional TI Allowance. The "Additional TI Allowance Payment" Base Rent shall be determined as increased by an amount equal to the missing component of an annuity, which annuity shall have (i) the total amount of the Additional TI Tenant Improvement Allowance utilized used by Tenant as the present value amount, (ii) a number equal to amortized over the number of full calendar months then remaining in the Lease Term as the number at an annual interest rate of payments, (iii) a monthly interest factor equal to eight and one-half percent (8.58%) per annum divided by twelve (12) months per year, and (iv) the Additional TI Allowance Payment as the missing component of the annuity). Following the calculation of the Additional TI Allowance Payment, Landlord and Tenant will enter into a lease amendment to confirm the amount thereof. Any portion of the Tenant Improvement Allowance as to which Tenant has not properly requested disbursement by the Allowance Deadline, shall revert to Landlord and Tenant shall have no further rights with respect thereto. The Additional TI Allowance Payment shall not be subject enter into an amendment to annual the Lease to reflect such increase in the Base Rent increasescalculation.