Common use of Base Rent Adjustments Clause in Contracts

Base Rent Adjustments. Lessee shall pay to Lessor Base Rent in advance, on or before the first day of each calendar month, as follows: (a) During the period from May 1, 2009 through April 30, 2010, Lessee shall pay to Lessor Base Rent in equal monthly installments the sum of Thirty Six Thousand Five Hundred Sixty Dollars and Eighty Cents ($36,560.80); provided that so long as Lessee is not in default under the terms of the Lease, Base Rent shall be abated for this period as an Inducement Provision. Notwithstanding such abatement of Base Rent, Lessee’s Share of Common Area Operating Expenses and all other charges payable during such period shall not be abated and shall be payable by Lessee. (b) During the period from May 1, 2010 through April 30, 2011, Lessee shall pay to Lessor Base Rent in equal monthly installments the sum of Thirty Six Thousand Five Hundred Sixty Dollars and Eighty Cents ($36,560.80). (c) During the period from May 1, 2011 through April 30, 2012, Lessee shall pay to Lessor Base Rent in equal monthly installments the sum of Thirty Seven Thousand Eight Hundred Forty Dollars and Forty Three Cents ($37,840.43). (d) During the period from May 1, 2012 through April 30, 2013, Lessee shall pay to Lessor Base Rent in equal monthly installments the sum of Thirty Nine Thousand One Hundred Sixty Seven Dollars and Seventy Four Cents ($39,167.74). (e) During the period from May 1, 2013 through April 30, 2014, Lessee shall pay to Lessor Base Rent in equal monthly installments the sum of Forty Thousand Five Hundred Thirty Four Dollars and Eighty Cents ($40,534.80). (f) During the period from May 1, 2014 through April 30, 2015, Lessee shall pay to Lessor Base Rent in equal monthly installments the sum of Fifty Thousand Seventy Two Dollars and Forty Cents ($50,072.40). (g) During the period from May 1, 2015 through April 30, 2016, Lessee shall pay to Lessor Base Rent in equal monthly installments the sum of Fifty Four Thousand Forty Six Dollars and Forty Cents ($54,046.40).

Base Rent Adjustments. Lessee shall pay to Lessor Base Rent for the Premises (which shall include the Original Premises and the Expansion Premises) in advance, advance on or before the first day of each calendar month, month as follows: (a) During the period from May 1, 2009 through April 30, 2010, Lessee shall pay to Lessor Base Rent in equal monthly installments the sum of Thirty Six Thousand Five Hundred Sixty Dollars and Eighty Cents ($36,560.80); provided that so long as Lessee is not in default under the terms of the Lease, Base Rent shall be abated for this period as an Inducement Provision. Notwithstanding such abatement of Base Rent, Lessee’s Share of Common Area Operating Expenses and all other charges payable during such period shall not be abated and shall be payable by Lessee. (b) During the period from May 1, 2010 through April 30, 2011, Lessee shall pay to Lessor Base Rent in equal monthly installments the sum of Thirty Six Thousand Five Hundred Sixty Dollars and Eighty Cents ($36,560.80). (c) During the period from May 1, 2011 through April 30, 2012, Lessee shall pay to Lessor Base Rent in equal monthly installments the sum of Thirty Seven Thousand Eight Hundred Forty Dollars and Forty Three Cents ($37,840.43). (d) During the period from May 1, 2012 through April 30, 2013, Lessee shall pay to Lessor Base Rent in equal monthly installments the sum of Thirty Nine Thousand One Hundred Sixty Seven Dollars and Seventy Four Cents ($39,167.74). (e) During the period from May 1, 2013 through April 30, 2014, Lessee shall pay to Lessor Base Rent in equal monthly installments the sum of Forty Thousand Five Hundred Thirty Four Dollars and Eighty Cents ($40,534.80). (f) During the period from May October 1, 2014 through April 30, 2015, Lessee shall pay to Lessor Base Rent in equal monthly installments in the sum amount of Fifty Thirty-One Thousand Seventy Two Five Hundred Thirty-Seven and 50/100 Dollars and Forty Cents ($50,072.4031,537.50).; (gb) During the period from May 1, 2015 through April 30, 2016, Lessee shall pay to Lessor Base Rent in equal monthly installments in the sum amount of Fifty Thirty-Two Thousand Three Hundred Twenty-Two and 23/100 Dollars ($32,322.23). (c) During the period from May 1, 2016 through April 30, 2017, Lessee shall pay to Lessor Base Rent in equal monthly installments in the amount of Thirty-Three Thousand One Hundred Thirty-Seven and 33/100 Dollars ($33,137.33). (d) During the period from May 1, 2017 through April 30, 2018, Lessee shall pay to Lessor Base Rent in equal monthly installments in the amount of Thirty-Three Thousand Nine Hundred Sixty-Eight and 36/100 Dollars ($33,968.36). (e) During the period from May 1, 2018 through April 30, 2019, Lessee shall pay to Lessor Base Rent in equal monthly installments in the amount of Thirty-Four Thousand Forty Six Eight Hundred Fifteen and 72/100 Dollars and Forty Cents ($54,046.4034,815.72). (f) During the period from May 1, 2019 through April 30, 2020, Lessee shall pay to Lessor Base Rent in equal monthly installments in the amount of Thirty-Five Thousand Six Hundred Seventy-Nine and 80/100 Dollars ($35,679.80). (g) During the period from May 1, 2020 through April 30, 2021, Lessee shall pay to Lessor Base Rent in equal monthly installments in the amount of Thirty-Six Thousand Five Hundred Seventy-Five and 87/100 Dollars ($36,575.87). (h) During the period from May 1, 2021 through April 30, 2022, Lessee shall pay to Lessor Base Rent in equal monthly installments in the amount of Thirty-Seven Thousand Four Hundred Eighty-Nine and 53/100 Dollars ($37,489.53). (i) During the period from May 1, 2022 through April 30, 2023, Lessee shall pay to Lessor Base Rent in equal monthly installments in the amount of Thirty-Eight Thousand Four Hundred Twenty-One and 21/100 Dollars ($38,421.21). (j) During the period from May 1, 2023 through May 31, 2024, Lessee shall pay to Lessor Base Rent in equal monthly installments in the amount of Thirty-Nine Thousand Three Hundred Eighty-Six and 18/100 Dollars ($39,386.18).”

Base Rent Adjustments. Section 1. 5 and Section 4 of the Lease are amended by the addition of the following specifications of the amount of Base Rent that shall be payable by Lessee shall pay to Lessor Base Rent in advance, on or before during the first day term of each calendar month, as followsthis Lease: (a) During the period from May 1, 2009 through April 30, 2010, Lessee shall pay to Lessor Base Rent in equal monthly installments the sum of Thirty Six Thousand Five Hundred Sixty Dollars and Eighty Cents ($36,560.80); provided For that so long as Lessee is not in default under the terms part of the LeaseLease Term commencing on the Commencement Date through January 31, 1999, the monthly Base Rent shall be abated the sum of Forty-Four Thousand Two Hundred Fifty-Five Dollars ($44,255.00) except that monthly Base Rent for the Second, Third, Fourth and Fifth month of the Term of this period as an Inducement Provision. Notwithstanding such abatement of Base Rent, Lessee’s Share of Common Area Operating Expenses and all other charges payable during such period shall not be abated and Lease shall be payable by Lesseethe sum of Twenty-Two Thousand One Hundred Twenty-Seven and 50/100 Dollars ($22,127.50) per month. (b) During For that part of the period from May Lease Term commencing on February 1, 2010 1999 through April 30October 31, 2011, Lessee shall pay to Lessor 1999 the monthly Base Rent in equal monthly installments shall be the sum of Thirty Six Forty-Nine Thousand Five Seven Hundred Sixty Eight Dollars and Eighty Cents ($36,560.80)49,708.00) per month. (c) During For that part of the period from May Lease Term commencing on November 1, 2011 1999 through April 30October 31, 20122000, Lessee shall pay to Lessor the monthly Base Rent in equal monthly installments shall be the sum of Thirty Seven Fifty-Two Thousand Eight Hundred Forty Ninety-Nine Dollars and Forty Three Cents ($37,840.43)52,899.00) per month. (d) During For that part of the period from May Lease Term commencing on November 1, 2012 2000 through April 30October 31, 20132001, Lessee shall pay to Lessor the monthly Base Rent in equal monthly installments shall be the sum of Thirty Nine Fifty-Five Thousand One Hundred Sixty Seven Fifteen Dollars and Seventy Four Cents ($39,167.74)55,015.00) per month. (e) During For that part of the period from May Lease Term commencing on November 1, 2013 2001 through April 30October 31, 20142002, Lessee shall pay to Lessor the monthly Base Rent in equal monthly installments shall be the sum of Forty Fifty-Seven Thousand Five Two Hundred Thirty Four Sixteen Dollars and Eighty Cents ($40,534.80)57,216.00) per month. (f) During For that part of the period from May Lease Term commencing on November 1, 2014 2002 through April 30October 31, 20152003, Lessee shall pay to Lessor the monthly Base Rent in equal monthly installments shall be the sum of Fifty Fifty-Nine Thousand Seventy Two Five Hundred Five Dollars and Forty Cents ($50,072.40)59,505.00) per month. (g) During For that part of the period from May Lease Term commencing on November 1, 2015 2003 through April 30October 31, 20162004, Lessee shall pay to Lessor the monthly Base Rent in equal monthly installments shall be the sum of Fifty Sixty-One Thousand Eight Hundred Eighty-Five Dollars ($61,885.00) per month. (h) For that part of the Lease Term commencing on November 1, 2004 through October 14, 2005, the monthly Base Rent shall be the sum of Sixty-Four Thousand Forty Six Three Hundred Sixty Dollars and Forty Cents ($54,046.40)64,360.00) per month."