Common use of Annual Base Rent and Additional Rent Clause in Contracts

Annual Base Rent and Additional Rent. LESSEE shall pay to LESSOR an Annual Base Rent pursuant to the schedule below during each Lease Year (or portion thereof as the case may be) of the Term hereof, (herein, “Annual Base Rent”). Annual Base Rent shall be payable in advance, in equal monthly installments, due on the first day of each calendar month, pursuant to the schedule below. LESSEE shall be required to pay its first monthly installment of Annual Base Rent, along with the full amount of the Security Deposit set forth in Section 5 hereof, on May 1, 2009. All payments of Annual Base Rent (and any Additional Rent or other sums due LESSOR) shall be made to LESSOR at 000 Xxxxxxxx Xxxxxx, Xxxxxx, Xxxxxxxxxxxxx 00000 or to such other agent or at such other place as LESSOR may designate in writing. The covenants to pay all Annual Base Rent and all Additional Rent hereunder (collectively, “Rent”) shall be independent from any and all other covenants of LESSOR to LESSEE hereunder; and all Rent shall be promptly paid when due hereunder. LESSEE shall pay interest from the date due, at annual rate of eighteen (18%) percent of any installments of Annual Base Rent, or Additional Rent or other payments which are not received by LESSOR within ten days after written notice from LESSOR that any such Rent was not received. First Lease Year $ 502,084.00 $ 41,840.33 Second Lease Year $ 513,495.00 $ 42,791.25 Third Lease Year $ 524,906.00 $ 43,742.17 This Lease is intended to be a triple net lease, and as such LESSEE shall also be responsible for payment of its pro rata share of Operating Expenses (see Section 3 herein), real estate taxes (see Section 4 herein) and utilities (see Section 7 herein). All payments due to LESSOR hereunder in addition to those under Section 2 shall be deemed to be “Additional Rent”, characterized as such or as “Rent” interchangeably. LESSEE’s allocable pro rata share is 8.85 % (the LESSEE’s “Allocable Percentage”) as that concept is used herein to compute Additional Rent.

Annual Base Rent and Additional Rent. Subject to the provisions hereof, commencing on the Commencement Date, LESSEE shall pay to LESSOR an Annual Base Rent pursuant to the schedule below during each Lease Year (or portion thereof as the case may be) of the Term hereof, (herein, “Annual Base Rent”). Annual Base Rent shall be payable in advance, in equal monthly installments, due on the first day of each calendar month, pursuant to the schedule below. LESSEE shall be required to pay its LESSEE’s first monthly installment payment of Annual Base Rent, along with Rent for the full amount first month of the Security Deposit set forth in Section 5 hereof, first Lease Year shall be due on May 1, 2009the Commencement Date. All payments of Annual Base Rent (and any Additional Rent or other sums due LESSOR) shall be made to LESSOR at 000 Xxxxxxxx Xxxxxx, Xxxxxx, Xxxxxxxxxxxxx 00000 or to such other agent or at such other place as LESSOR may designate in writing. The covenants to pay all Annual Base Rent and all Additional Rent hereunder (collectively, “Rent”) shall be independent from any and all other covenants of LESSOR to LESSEE hereunder; and all Rent shall be promptly paid when due stated hereunder. LESSEE shall pay interest from the date due, at annual rate of eighteen fourteen (1814%) percent of any installments of Annual Base Rent, or Additional Rent or other payments which are not received by LESSOR within ten days after written notice from LESSOR that any such Rent was not received. First Lease Year $ 502,084.00 369,005.00 $ 41,840.33 30,750.42 Second Lease Year $ 513,495.00 381,170.00 $ 42,791.25 Third Lease Year $ 524,906.00 $ 43,742.17 31,764.17 This Lease is intended to be a triple net lease, and as such LESSEE shall also be responsible for payment of its pro rata share of Operating Expenses (see Section 3 herein), real estate taxes (see Section 4 herein) and utilities (see Section 7 herein), all in accordance with the terms and conditions herein. All payments due to LESSOR hereunder in addition to those under Section 2 shall be deemed to be “Additional Rent”, characterized as such . All LESSEE’s obligations to pay any Annual Base Rent or as “Rent” interchangeablyAdditional Rent hereunder shall be independent covenants from any other obligations under this Lease. LESSEE’s allocable pro rata share is 8.85 6.26 % (the LESSEE’s “Allocable Percentage”) as that concept is applicable and used herein to compute Additional Rentherein.

Annual Base Rent and Additional Rent. LESSEE shall pay to LESSOR an Annual Base Rent pursuant to the schedule below during each Lease Year (or portion thereof as the case may be) of the Term hereof, (herein, “Annual Base Rent”). Annual Base Rent shall be payable in advance, in equal monthly installments, due on the first day of each calendar month, pursuant to the schedule below. LESSEE Annual Base Rent due for any partial month shall be required to pay its prorated based on the number of days in that month. LESSEE’s first monthly installment payment of Annual Base Rent, along Rent for the first month of the first Lease Year and LESSEE’s payment of Annual Base Rent for the Interim Period (which shall be calculated by multiplying the number of days in the Interim Period (i.e. starting with the full amount Delivery Date through the last day of the Security Deposit set forth in Section 5 hereof, month prior to the Commencement Date) by an applicable per diem rate reflecting Annual Base Rent for the First Lease Year (First Six Months) on May 1, 2009an annualized basis shall both be due on the Delivery Date. All payments of Annual Base Rent (and any Additional Rent or other sums due LESSOR) shall be made to LESSOR at 000 Xxxxxxxx Xxxxxx, Xxxxxx, Xxxxxxxxxxxxx 00000 or to such other agent or at such other place as LESSOR may designate in writing. The covenants to pay all Annual Base Rent and all Additional Rent hereunder (collectively, “Rent”) shall be independent from any and all other covenants of LESSOR to LESSEE hereunder; and all Rent shall be promptly paid when due hereunder. LESSEE shall pay interest from the date due, at an annual rate of eighteen (18%) percent of any installments of Annual Base Rent, or Additional Rent or other payments which are not received by LESSOR within ten days after written notice from LESSOR that any such Rent was not received. First Lease Year $ 502,084.00 $ 41,840.33 (first six months) $243,300.00 $20,275.00 First Lease Year (last six months) $324,400.00 $27,033.33 Second Lease Year $ 513,495.00 $ 42,791.25 $356,840.00 $29,736.67 Third Lease Year $ 524,906.00 $ 43,742.17 $369,005.00 $30,750.42 This Lease is intended to be a triple net lease, and as such LESSEE shall also be responsible for payment of its pro rata share of Operating Expenses (see Section 3 herein), real estate taxes (see Section 4 herein) and utilities (see Section 7 herein). All payments due to LESSOR hereunder in addition to those under Section 2 shall be deemed to be “Additional Rent”, ” characterized as such such, or as “Rent” interchangeably. LESSEE’s allocable pro rata share is 8.85 6.29 % (the LESSEE’s “Allocable Percentage”) as that concept is used herein to compute Additional Rent.

Annual Base Rent and Additional Rent. LESSEE for the At Will Space A. Annual Base Rent Attributable to the At Will Space Lessee shall pay to LESSOR an Lessor Annual Base Rent pursuant attributable to the schedule below during At Will Space in the amount Twenty Two Thousand ($ 22,000.00) Dollars per calendar month, for each Lease Year (or portion thereof as month from August 1, 2013, until the case may be) of the Term hereofAt Will Space Termination Date. In all instances, (herein, “Annual Base Rent”). Annual Base Rent shall be payable in advance, in equal monthly installments, due on the first day of each calendar month, pursuant in advance, and in all other respects shall be subject to the schedule below. LESSEE shall be required provisions relating to pay its first monthly installment of Annual Base Rent, along with Rent as set forth under the full amount Existing Lease to the extent applicable. B. Additional Rent Attributable to the At Will Space Lessee shall pay to Lessor Additional Rent Attributable to the At Will Space only as follows (notwithstanding any other provisions of the Security Deposit set forth in Section 5 hereofExisting Lease calling for payment of Additional Rent under the Existing Lease), on May from August 1, 2009. All 2013 until the At Will Space Termination Date: (a) all electrical use for the At Will Space, which will be separately metered to the At Will Space, based on invoices presented by the Lessor, and payable as directed by the Lessor (i.e. directly to the electric company or reimbursed to the Lessor), at the intervals invoiced by Lessor. C. At Will Space Annual Base Rent and At Will Space Additional Rent Supplement Payments due under the Existing Lease – General Provisions Apply The payments specified under paragraphs 4A and 4B above supplement the payments of Annual Base Rent (and any Additional Rent or other sums due LESSOR) shall be made to LESSOR at 000 Xxxxxxxx Xxxxxx, Xxxxxx, Xxxxxxxxxxxxx 00000 or to such other agent or at such other place as LESSOR may designate in writing. The covenants to pay all required under the Existing Lease All At Will Space Annual Base Rent and all At Will Space Additional Rent hereunder (collectively, “Rent”) shall be independent from any and all other covenants of LESSOR to LESSEE hereunder; and all Rent shall be promptly paid when due hereunder. LESSEE shall pay interest from governed by the date due, at annual rate of eighteen (18%) percent of any installments of terms and conditions contemplated under the Existing Lease with respect to Annual Base Rent and Additional Rent, or Additional Rent or other payments which are not received by LESSOR within ten days after written notice from LESSOR that any such Rent was not received. First Lease Year $ 502,084.00 $ 41,840.33 Second Lease Year $ 513,495.00 $ 42,791.25 Third Lease Year $ 524,906.00 $ 43,742.17 This Lease is intended except to be a triple net lease, the extent modified and as such LESSEE shall also be responsible for payment of its pro rata share of Operating Expenses (see Section 3 herein), real estate taxes (see Section 4 herein) supplemented in paragraphs 4A and utilities (see Section 7 herein). All payments due to LESSOR hereunder in addition to those under Section 2 shall be deemed to be “Additional Rent”, characterized as such or as “Rent” interchangeably. LESSEE’s allocable pro rata share is 8.85 % (the LESSEE’s “Allocable Percentage”) as that concept is used herein to compute Additional Rent4B above.

Annual Base Rent and Additional Rent. LESSEE Subject to the provisions of this Lease, commencing on the Commencement Date, Tenant shall pay to LESSOR Landlord an Annual Base Rent pursuant to the schedule below during each Lease Year amounts set forth on in Section 1.11 (or portion thereof as the case may be) of the Term hereof, (herein, “Annual Base Rent”). Annual Base Rent shall be payable in advance, in equal monthly installments, due on the first day of each calendar month, pursuant to the schedule below. LESSEE shall be required to pay its Tenant’s first monthly installment payment of Annual Base RentRent for the first full calendar month be due on the Commencement Date, along with any rent due for any partial month preceding the first full amount of the Security Deposit set forth in Section 5 hereof, on May 1, 2009calendar month. 4.1. All payments of Annual Base Rent (and any Additional Rent or other sums due LESSORLandlord) shall be made to LESSOR at 000 Xxxxxxxx Xxxxxx, Xxxxxx, Xxxxxxxxxxxxx 00000 Landlord´s bank account in accordance with the details provided in Exhibit I attached to this Lease or to such other agent or at such other place agent´s current account as LESSOR Landlord may designate in writing. The covenants to pay all Annual Base Rent and all Additional Rent hereunder (as defined below) (collectively, “Rent”) shall be independent from any and all other covenants of LESSOR Landlord to LESSEE hereunderTenant in this Lease; and all Rent shall be promptly paid when due hereunderdue. 4.2. LESSEE Tenant shall pay interest from the date due, at annual rate of eighteen twelve (1812%) percent of any installments of Annual Base Rent, or Additional Rent or other payments which are not received by LESSOR Landlord within ten (10) days after written notice from LESSOR that any such Rent was not receivedpayments are due. 4.3. First Lease Year $ 502,084.00 $ 41,840.33 Second Lease Year $ 513,495.00 $ 42,791.25 Third Lease Year $ 524,906.00 $ 43,742.17 This Lease is intended to be a triple net lease, and as such LESSEE Tenant shall also be responsible for payment of its pro rata share of Operating Expenses (see Section 3 herein), real estate taxes (see Section 4 herein) and utilities (see Section 7 herein). All payments due to LESSOR hereunder in addition to those under Section 2 shall be deemed to be “Additional Rent”, characterized as such or as “Rent” interchangeably. LESSEE’s allocable pro rata share is 8.85 % (the LESSEE’s “Allocable Percentage”) as that concept is used herein to compute Additional Rent.Section

Annual Base Rent and Additional Rent. Subject to the provisions hereof, commencing on the Delivery Date, LESSEE shall pay to LESSOR an Annual Base Rent pursuant to the schedule below during each Lease Year (or portion thereof as the case may be) of the Term hereof, (herein, “Annual Base Rent”). Annual Base Rent shall be payable in advance, in equal monthly installments, due on the first day of each calendar month, pursuant to the schedule below. LESSEE shall be required to pay its LESSEE’S first monthly installment payment of Annual Base RentRent for the first month of the First Lease Year and LESSEE’S payment of Annual Base Rent for the Interim Period (if any), along which shall be calculated by multiplying the number of days in the Interim Period (i.e. starting with the full amount beginning of the Security Deposit set forth in Section 5 hereof, Term through the last day of the month prior to the Commencement Date by an applicable per diem rate (reflecting Annual Base Rent for the First Lease Year on May 1, 2009an annualized basis) shall both be due on the Delivery Date. All payments of Annual Base Rent (and any Additional Rent or other sums due LESSOR) shall be made to LESSOR at 000 Xxxxxxxx Xxxxxx, Xxxxxx, Xxxxxxxxxxxxx 00000 or to such other agent or at such other place as LESSOR may designate in writing. The covenants to pay all Annual Base Rent and all Additional Rent hereunder (collectively, “Rent”) shall be independent from any and all other covenants of LESSOR to LESSEE hereunder; and all Rent shall be promptly paid when due stated hereunder. LESSEE shall pay interest from the date due, at annual rate of eighteen twelve (1812%) percent of any installments of Annual Base Rent, or Additional Rent or other payments which are not received by LESSOR within ten days after written notice from LESSOR that any such Rent was not received. First Lease Year $ 502,084.00 373,637.50 $ 41,840.33 31,136.46 Second Lease Year $ 513,495.00 442,050.00 $ 42,791.25 36,837.50 Third Lease Year $ 524,906.00 457,837.50 $ 43,742.17 38,153.13 This Lease is intended to be a triple net lease, and as such LESSEE shall also be responsible for payment of its pro rata share of Operating Expenses (see Section 3 herein), real estate taxes (see Section 4 herein) and utilities (see Section 7 herein), all in accordance with the terms and conditions herein. All payments due to LESSOR hereunder in addition to those under Section 2 shall be deemed to be “Additional Rent”, characterized as such . All LESSEE’S obligations to pay any Annual Base Rent or as “Rent” interchangeablyAdditional Rent hereunder shall be independent covenants from any other obligations under this Lease. LESSEE’s ’S allocable pro rata share is 8.85 8.13% (the LESSEE’s ’S “Allocable Percentage”) as that concept is applicable and used herein to compute Additional Rent.herein, which figure is derived by dividing the rentable area of the Leased Premises (10,525) by the total rentable area of the Building (129,470)

Annual Base Rent and Additional Rent. Subject to the provisions hereof, commencing on the Commencement Date, LESSEE shall pay to LESSOR an Annual Base Rent pursuant to the schedule below during each Lease Year (or portion thereof as the case may be) of the Term hereof, (herein, “Annual Base Rent”). Annual Base Rent shall be payable in advance, in equal monthly installments, due on the first day of each calendar month, pursuant to the schedule below. LESSEE shall be required to pay its LESSEE’s first monthly installment payment of Annual Base Rent, along with Rent for the full amount first month of the Security Deposit set forth in Section 5 hereof, first Lease Year shall be due on May 1, 2009the Commencement Date. All payments of Annual Base Rent (and any Additional Rent or other sums due LESSOR) shall be made to LESSOR at 000 Xxxxxxxx Xxxxxx, Xxxxxx, Xxxxxxxxxxxxx 00000 or to such other agent or at such other place as LESSOR may designate in writing. The covenants to pay all Annual Base Rent and all Additional Rent hereunder (collectively, “Rent”) shall be independent from any and all other covenants of LESSOR to LESSEE hereunder; and all Rent shall be promptly paid when due stated hereunder. LESSEE shall pay interest from the date due, at annual rate of eighteen fourteen (1814%) percent of any installments of Annual Base Rent, or Additional Rent or other payments which are not received by LESSOR within ten days after written notice from LESSOR that any such Rent was not received. SCHEDULE OF ANNUAL BASE RENT Lease Year Annual Base Rent Monthly Installment First Lease Year $ 502,084.00 $ 41,840.33 $369,005.00 $30,750.42 Second Lease Year $ 513,495.00 $ 42,791.25 Third Lease Year $ 524,906.00 $ 43,742.17 $381,170.00 $31,764.17 This Lease is intended to be a triple net lease, and as such LESSEE shall also be responsible for payment of its pro rata share of Operating Expenses (see Section 3 herein), real estate taxes (see Section 4 herein) and utilities (see Section 7 herein), all in accordance with the terms and conditions herein. All payments due to LESSOR hereunder in addition to those under Section 2 shall be deemed to be “Additional Rent”, characterized as such . All LESSEE’s obligations to pay any Annual Base Rent or as “Rent” interchangeablyAdditional Rent hereunder shall be independent covenants from any other obligations under this Lease. LESSEE’s allocable pro rata share is 8.85 6.26 % (the LESSEE’s “Allocable Percentage”) as that concept is applicable and used herein to compute Additional Rentherein.