Common use of Option Rent Clause in Contracts

Option Rent. The Rent payable by Tenant during each Option Term (the "Option Rent") shall be equal to (a) [***] of the "Market Rent," as that term is defined in, and determined pursuant to, Exhibit G attached hereto, during the first (1st) Option Term, and (b) [***] of the Market Rent during the second (2nd) Option Term; provided, however, that the Market Rent for each Lease Year during such Option Term shall be equal to the amount set forth on a "Market Rate Schedule," as that term is defined below, and under no circumstances shall the Market Rent for any Lease Year occurring during any Option Term, as set forth on the Market Rate Schedule, be less than the corresponding "Contract Rent," as that term is defined below, as such Contract Rent is set forth on the [***] Confidential portions of this document have been redacted and filed separately with the Commission. "Contract Rate Schedule," as that term is defined below. The "Market Rate Schedule" shall be derived from the Market Rent for the Option Term as determined pursuant to Exhibit G, attached hereto, as follows: (i) the Market Rent for the first Lease Year of the Option Term shall be equal to the sum of [***], and (ii) the Market Rent for each subsequent Lease Year shall be equal to [***] of the prior Lease Year's Market Rent. The "Contract Rate Schedule" shall be derived from the Base Rent applicable to the Premises for the Lease Year immediately preceding such Option Term, as follows: (x) the "Contract Rent" for the first Lease Year of any Option Term shall equal the sum of (A) the Base Rent in effect under this Lease for the Lease Year immediately preceding the commencement of the subject Option Term, (B) an amount equal to the "Excess" (as defined in Section 4.4) which is due under Article 4 of this Lease for the Base Year immediately preceding the commencement of the subject Option Term, and (C) an amount equal to the monthly amortization reimbursement payment for the "Renewal Allowance" (as defined in Section 3 of Exhibit G to this Lease) to be paid by Landlord in connection with Tenant's lease of the Premises for the Option Term, with such Renewal Allowance being amortized at a reasonable rate of return to Landlord based on the rates of return then being received by the landlords of the Comparable Buildings in connection with tenant improvement allowances then be granted by such landlords, and (y) the Contract Rent for each subsequent Lease Year shall be equal to [***] of the prior Lease Year's Contract Rent. The calculation of the Market Rent shall be derived from a review of, and comparison to, the "Net Equivalent Lease Rates" of the "Comparable Transactions," as provided for in Exhibit G. Notwithstanding anything set forth in this Lease to the contrary, the Base Year for the applicable Option Term with respect to the Renewal Space shall be the calendar year in which the Option Term commences.

Option Rent. The Rent payable by Tenant during each Option Term (the "Option Rent") shall be equal to (a) [***] of the "Market Rent," as that term is defined in, and determined pursuant to, Exhibit G attached hereto, during the first (1st) Option Term, and (b) [***] of the Market Rent during the second (2nd) Option Term; provided, however, that the Market Rent for each Lease Year during such Option Term shall be equal to the amount set forth on a "Market Rate Schedule," as that term is defined below, and under no circumstances shall the Market Rent for any Lease Year occurring during any Option Term, as set forth on the Market Rate Schedule, be less than the corresponding "Contract Rent," as that term is defined below, as such Contract Rent is set forth on the [***] Confidential portions of this document have been redacted and filed separately with the Commission. "Contract Rate Schedule," as that term is defined below. The "Market Rate Schedule" shall be derived from the Market Rent for the Option Term as determined pursuant to Exhibit G, attached hereto, as follows: (i) the Market Rent for the first Lease Year of the Option Term shall be equal to the sum of [***], ] and (ii) the Market Rent for each subsequent Lease Year shall be equal to [***] of the prior Lease Year's Market Rent. The "Contract Rate Schedule" shall be derived from the Base Rent applicable to the Premises for the Lease Year immediately preceding such Option Term, as follows: (x) the "Contract Rent" for the first Lease Year of any Option Term shall equal the sum of (A) the Base Rent in effect under this Lease for the Lease Year immediately preceding the commencement of the subject Option Term, (B) an amount equal to the "Excess" (as defined in Section 4.4) which is due under Article 4 of this Lease for the Base Year immediately preceding the commencement of the subject Option Term, and (C) an amount equal to the monthly amortization reimbursement payment for the "Renewal Allowance" (as defined in Section 3 of Exhibit G to this Lease) to be paid by Landlord in connection with Tenant's lease of the Premises for the Option Term, with such Renewal Allowance being amortized at a reasonable rate of return to Landlord based on the rates of return then being received by the landlords of the Comparable Buildings in connection with tenant improvement allowances then be granted by such landlords, and (y) the Contract Rent for each subsequent Lease Year shall be equal to [***] of the prior Lease Year's Contract Rent. The calculation of the Market Rent shall be derived from a review of, and comparison to, the "Net Equivalent Lease Rates" of the "Comparable Transactions," as provided for in Exhibit G. Notwithstanding anything set forth in this Lease to the contrary, the Base Year for the applicable Option Term with respect to the Renewal Space shall be the calendar year in which the Option Term commences.

Option Rent. The Rent payable by Tenant during each the Option Term (the "“Option Rent"”) shall be equal to (a) [***] of the "“Market Rent," ” as that term is defined in, and determined pursuant to, Exhibit G F attached hereto, during the first (1st) Option Term, and (b) [***] of the Market Rent during the second (2nd) Option Term; provided, however, that the Market Rent for each Lease Year during such the Option Term Term, shall be equal to the amount set forth on a "“Market Rate Schedule," ” as that term is defined below, and under no circumstances shall the Market Rent for any Lease Year occurring during any the Option Term, as set forth on the Market Rate Schedule, be less than the corresponding "“Contract Rent," ” as that term is defined below, as such Contract Rent is set forth on the [***] Confidential portions of this document have been redacted and filed separately with the Commission. "“Contract Rate Schedule," ” as that term is defined below. The "“Market Rate Schedule" ” shall be derived from the Market Rent for the Option Term as determined pursuant to Exhibit GF, attached hereto, as follows: (i) the Market Rent for the first Lease Year of the Option Term shall be equal to the sum of [***](a) the Market Rent, as determined pursuant to Exhibit F, (b) the amount of Direct Expenses applicable to the Premises, as reasonably determined by Landlord, for the calendar year in which the Option Term commences, and (c) an amount equal to the monthly amortization reimbursement payment for the “Renewal Allowance” (as defined in Section 3 of Exhibit F to this Lease) to be paid by Landlord in connection with Tenant’s lease of the Premises for the Option Term, with such Renewal Allowance being amortized at a reasonable rate of return to Landlord based on the rates of return then being received by the landlords of the “Comparable Buildings” as that term is set forth in Section 4 of Exhibit F attached hereto, in connection with improvement allowances then be granted by such landlords, and (ii) the Market Rent for each subsequent Lease Year shall be equal to [***] of the prior Lease Year's ’s Market RentRent plus an amount equal to $1.00 per rentable square foot of the Premises. The "“Contract Rate Schedule" ” shall be derived from the Base Rent applicable to the Premises for the Lease Year immediately preceding such the applicable Option Term, as follows: (x) the "“Contract Rent" ” for the first Lease Year of any the Option Term shall equal the sum of (A) the Base Rent in effect under this the Lease for the Lease Year immediately preceding the commencement of the subject Option Term, (B) an amount equal to the "Excess" (as defined in Section 4.4) which is due under Article 4 of this Lease for the Base Year immediately preceding the commencement of the subject Option Term, and (CB) an amount equal to the monthly amortization reimbursement payment for the "“Renewal Allowance" ” (as defined in Section 3 of Exhibit G F to this Lease) to be paid by Landlord in connection with Tenant's ’s lease of the Premises for the Option Term, with such Renewal Allowance being amortized at a reasonable rate of return to Landlord based on the rates of return then being received by the landlords of the Comparable Buildings in connection with tenant improvement allowances then be being granted by such landlords, and (y) the Contract Rent for each subsequent Lease Year shall be equal to [***] of the prior Lease Year's ’s Contract RentRent plus an amount equal to $1.00 per rentable square foot of the Premises. The calculation of the Market Rent shall be derived from a review of, and comparison to, the "“Net Equivalent Lease Rates" ” of the "“Comparable Transactions," ” as provided for in Exhibit G. F. Notwithstanding anything set forth in this Lease to the contrary, the Base Year base year for the applicable Option Term with respect to the Renewal Space Premises shall be the calendar year in which the Option Term commences.

Option Rent. The Rent payable by Tenant during each the applicable Option Term (the "“Option Rent"”) shall be equal to (a) [***] of the "“Market Rent," ” as that term is defined in, and determined pursuant to, Exhibit G C attached hereto, during the first (1st) Option Term, and (b) [***] of the Market Rent during the second (2nd) Option Term; provided, however, that the Market Option Rent for each Lease Year during such the Option Term Term, shall be equal to the amount set forth on a "“Market Rate Schedule," as that term is defined below, and under no circumstances shall the Market Rent for any Lease Year occurring during any Option Term, as set forth on the Market Rate Schedule, be less than the corresponding "Contract Rent," as that term is defined below, as such Contract Rent is set forth on the [***] Confidential portions of this document have been redacted and filed separately with the Commission. "Contract Rate Schedule," ” as that term is defined below. The "“Market Rate Schedule" ” shall be derived from the Market Rent for the Option Term as determined pursuant to Exhibit GC, attached hereto, as follows: (i) the Market Option Rent for the first Lease Year of the Option Term (“First Year Option Rent”) shall be equal to the sum of [***], and (iia) the Market Rent for each subsequent Lease Year Rent, as determined pursuant to Exhibit C (which shall be equal inclusive of an adjustment for any Renewal Allowance to [***] of the prior Lease Year's Market Rent. The "Contract Rate Schedule" shall be derived from the Base Rent applicable provided to the Premises for the Lease Year immediately preceding such Option TermTenant, as follows: (x) the "Contract Rent" for the first Lease Year of any Option Term shall equal the sum of (A) the Base Rent in effect under this Lease for the Lease Year immediately preceding the commencement of the subject Option Term, (B) an amount equal to the "Excess" (as defined in Section 4.4) which is due under Article 4 of this Lease for the Base Year immediately preceding the commencement of the subject Option Term, and (C) an amount equal to the monthly amortization reimbursement payment for the "Renewal Allowance" (as defined more particularly detailed in Section 3 of Exhibit G C to this Lease) to be paid by Landlord in connection with Tenant's lease of Second Amendment, but which the Premises for the Option Term, with such Renewal Allowance being amortized at parties acknowledge will otherwise have been calculated on a reasonable rate of return to Landlord based on the rates of return then being received by the landlords of the Comparable Buildings in connection with tenant improvement allowances then be granted by such landlords“NNN” basis), and (yb) the Contract Rent for each subsequent Lease Year shall be equal amount of Property Taxes and Operating Expenses applicable to [***] the Premises, as reasonably determined by Landlord consistent with the other provisions of the prior Lease Year's Contract Rent. The calculation of the Market Rent shall be derived from a review ofLease, and comparison toas amended, the "Net Equivalent Lease Rates" of the "Comparable Transactions," as provided for in Exhibit G. Notwithstanding anything set forth in this Lease to the contrary, the Base Year for the applicable Option Term with respect to the Renewal Space shall be the calendar year in which the Option Term commences; provided, however, during each Option Term, the Base Year shall be reset to the calendar year during which the Option Term commences, and (ii) the Option Rent for each subsequent Lease Year shall increase annually over the First Year Option Rent as determined to be consistent with annual increases for Comparable Transactions.

Option Rent. The Rent payable by Tenant during each the Option Term (the "“Option Rent"”) shall be equal to (a) [***] of the "“Market Rent," ” as that term is defined in, and determined pursuant to, Exhibit G H attached hereto, during the first (1st) Option Term, and (b) [***] of the Market Rent during the second (2nd) Option Term; provided, however, that the Market Rent for each Lease Year during such the Option Term Term, shall be equal to the amount set forth on a "“Market Rate Schedule," ” as that term is defined below, and under no circumstances shall the Market Rent for any Lease Year occurring during any the Option Term, as set forth on the Market Rate Schedule, be less than the corresponding "“Contract Rent," ” as that term is defined below, as such Contract Rent is set forth on the [***] Confidential portions of this document have been redacted and filed separately with the Commission. "“Contract Rate Schedule," ” as that term is defined below. The "“Market Rate Schedule" ” shall be derived from the Market Rent for the Option Term as determined pursuant to Exhibit GH, attached hereto, as follows: (i) the Market Rent for the first Lease Year of the Option Term shall be equal to the sum of [***](a) the Market Rent, as determined pursuant to Exhibit H, (b) the amount of Direct Expenses applicable to the Premises, as reasonably determined by Landlord, for the calendar year in which the Option Term commences, and (c) an amount equal to the monthly amortization reimbursement payment for the “Renewal Allowance” (as defined in Section 3 of Exhibit H to this Lease) to be paid by Landlord in connection with Tenant’s lease of the Premises for the Option Term, with such Renewal Allowance being amortized at a reasonable rate of return to Landlord based on the rates of return then being received by the landlords of the “Comparable Buildings” as that term is set forth in Section 4 of Exhibit H attached hereto, in connection with improvement allowances then be granted by such landlords, and (ii) the Market Rent for each subsequent Lease Year shall be equal to [***] one hundred three and one-half percent (103.5%) of the prior Lease Year's ’s Market Rent. The "“Contract Rate Schedule" ” shall be derived from the Base Rent applicable to the Premises for the Lease Year immediately preceding such the applicable Option Term, as follows: (x) the "“Contract Rent" ” for the first Lease Year of any the Option Term shall equal the sum of (A) the Base Rent in effect under this the Lease for the Lease Year immediately preceding the commencement of the subject Option Term, (B) an amount equal to the "Excess" (as defined in Section 4.4) which is due under Article 4 of this Lease for the Base Year immediately preceding the commencement of the subject Option Term, and (CB) an amount equal to the monthly amortization reimbursement payment for the "“Renewal Allowance" ” (as defined in Section 3 of Exhibit G H to this Lease) to be paid by Landlord in connection with Tenant's ’s lease of the Premises for the Option Term, with such Renewal Allowance being amortized at a reasonable rate of return to Landlord based on the rates of return then being received by the landlords of the Comparable Buildings in connection with tenant improvement allowances then be being granted by such landlords, and (y) the Contract Rent for each subsequent Lease Year shall be equal to [***] one hundred three and one-half percent (103.5%) of the prior Lease Year's ’s Contract Rent. The calculation of the Market Rent shall be derived from a review of, and comparison to, the "“Net Equivalent Lease Rates" ” of the "“Comparable Transactions," ” as provided for in Exhibit G. Notwithstanding anything set forth in this Lease to the contrary, the Base Year for the applicable Option Term with respect to the Renewal Space shall be the calendar year in which the Option Term commences.H.

Option Rent. The Base Rent payable by Tenant during the first Option Term (the “First Option Rent”) shall be payable as follows: (i) the First Option Rent for the first Lease Year of the first Option Term shall be at a monthly rate equal to the product of (A) the Base Rent applicable during the last rental period of the initial Lease Term under this Lease, and (B) a percentage equal to one hundred three percent (103%); and (ii) the First Option Rent for each subsequent Lease Year during the first Option Term shall be equal to one hundred three percent (103%) of the prior Lease Year’s First Option Rent for the remainder of the first Option Term, all other rental amounts shall be paid pursuant to the terms of this Lease. The Rent payable by Tenant during each the second Option Term (the "“Second Option Rent"”) shall be equal to (a) [***] of the "“Market Rent," ” as that term is defined in, and determined pursuant to, Exhibit G H attached hereto, during the first (1st) Option Term, and (b) [***] of the Market Rent during the second (2nd) Option Term; provided, however, that the Market Rent for each Lease Year during such the second Option Term Term, shall be equal to the amount set forth on a "“Market Rate Schedule," as that term is defined below, and under no circumstances shall the Market Rent for any Lease Year occurring during any Option Term, as set forth on the Market Rate Schedule, be less than the corresponding "Contract Rent," as that term is defined below, as such Contract Rent is set forth on the [***] Confidential portions of this document have been redacted and filed separately with the Commission. "Contract Rate Schedule," ” as that term is defined below. The "“Market Rate Schedule" ” shall be derived from the Market Rent for the Option Term as determined pursuant to Exhibit GH, attached hereto, as follows: (i) the Market Rent for the first Lease Year year of the second Option Term shall be equal to the sum of [***](a) the Market Rent, as determined pursuant to Exhibit H (inclusive of an adjustment for any Renewal Allowance to be provided to Tenant, as more particularly detailed in Section 3 of Exhibit H to this Lease), and (ii) the Market Rent for each subsequent Lease Year year shall be equal to [***] of the prior Lease Year's Market Rent. The "Contract Rate Schedule" shall be derived from the Base Rent applicable to the Premises for the Lease Year immediately preceding such Option Term, increase annually as follows: (x) the "Contract Rent" for the first Lease Year of any Option Term shall equal the sum of (A) the Base Rent in effect under this Lease for the Lease Year immediately preceding the commencement of the subject Option Term, (B) an amount equal to the "Excess" (as defined in Section 4.4) which is due under Article 4 of this Lease for the Base Year immediately preceding the commencement of the subject Option Term, and (C) an amount equal to the monthly amortization reimbursement payment for the "Renewal Allowance" (as defined in Section 3 of Exhibit G to this Lease) determined to be paid by Landlord in connection consistent with Tenant's lease of the Premises annual increases for the Option Term, with such Renewal Allowance being amortized at a reasonable rate of return to Landlord based on the rates of return then being received by the landlords of the Comparable Buildings in connection with tenant improvement allowances then be granted by such landlords, and (y) the Contract Rent for each subsequent Lease Year shall be equal to [***] of the prior Lease Year's Contract RentTransactions. The calculation of the Market Rent shall be derived from a review of, and comparison to, the "“Net Equivalent Lease Rates" ” of the "“Comparable Transactions," ” as provided for in Exhibit G. Notwithstanding anything set forth in this Lease to the contrary, the Base Year for the applicable Option Term with respect to the Renewal Space shall be the calendar year in which the Option Term commences.H.

Option Rent. The Rent payable by Tenant during each the Option Term (the "“Option Rent") ”), and/or the First Offer Rent during the First Offer Term, as applicable, shall be equal to (a) [***] of the "“Market Rent," ” as that term is defined in, and determined pursuant to, Exhibit G H attached hereto, during the first (1st) Option Term, and (b) [***] of the Market Rent during the second (2nd) Option Term; provided, however, that the Market Rent for each Lease Year during such the Option Term Term, or First Offer Term, as applicable, shall be equal to the amount set forth on a "“Market Rate Schedule," as that term is defined below, and under no circumstances shall the Market Rent for any Lease Year occurring during any Option Term, as set forth on the Market Rate Schedule, be less than the corresponding "Contract Rent," as that term is defined below, as such Contract Rent is set forth on the [***] Confidential portions of this document have been redacted and filed separately with the Commission. "Contract Rate Schedule," ” as that term is defined below. The "“Market Rate Schedule" ” shall be derived from the Market Rent for the Option Term as determined pursuant to Exhibit GH, attached hereto, as follows: (i) the Market Rent for the first Lease Year of the Option Term shall be equal to the sum of [***](a) the Market Rent, as determined pursuant to Exhibit H, (b) the amount of Direct Expenses applicable to the Premises, as reasonably determined by Landlord, for the calendar year in which the Option Term, or First Offer Term, as applicable commences, and (ii) the Market Rent for each subsequent Lease Year shall be equal to [***] of the prior Lease Year's Market Rent. The "Contract Rate Schedule" shall be derived from the Base Rent applicable to the Premises for the Lease Year immediately preceding such Option Term, as follows: (x) the "Contract Rent" for the first Lease Year of any Option Term shall equal the sum of (A) the Base Rent in effect under this Lease for the Lease Year immediately preceding the commencement of the subject Option Term, (B) an amount equal to the "Excess" (as defined in Section 4.4) which is due under Article 4 of this Lease for the Base Year immediately preceding the commencement of the subject Option Term, and (Cc) an amount equal to the monthly amortization reimbursement payment for the "“Renewal Allowance" ” (as defined in Section 3 of Exhibit G H to this Lease) to be paid by Landlord in connection with Tenant's ’s lease of the Premises for the Option Term, or First Offer Term, as applicable, with such Renewal Allowance being amortized at a reasonable rate of return to Landlord based on the rates of return then being received by the landlords of the “Comparable Buildings Buildings” as that term is set forth in Section 4 of Exhibit H attached hereto, in connection with tenant improvement allowances then be granted by such landlords, and (yii) the Contract Market Rent for each subsequent Lease Year shall be equal escalated by a percentage (to [***] be determined as part of the Market Rent determination hereunder) of the prior Lease Year's Contract ’s Market Rent. The calculation of the Market Rent shall be derived from a review of, and comparison to, the "“Net Equivalent Lease Rates" ” of the "“Comparable Transactions," ” as provided for in Exhibit G. Notwithstanding anything set forth in this Lease to the contrary, the Base Year for the applicable Option Term with respect to the Renewal Space shall be the calendar year in which the Option Term commences.H.

Option Rent. The Rent payable by Tenant during each the Option Term (the "“Option Rent"”) shall be equal to (a) [***] of the "“Market Rent," ” as that term is defined in, and determined pursuant to, Exhibit G attached hereto, during the first (1st) Option Term, and (b) [***] of the Market Rent during the second (2nd) Option Term; provided, however, that the Market Rent for each Lease Year during such Option Term shall be equal to the amount set forth on a "Market Rate Schedule," as that term is defined below, and under no circumstances shall the Market Rent for any Lease Year occurring during any Option Term, as set forth on the Market Rate Schedule, be less than the corresponding "Contract Rent," as that term is defined below, as such Contract Rent is set forth on the [***] Confidential portions of this document have been redacted and filed separately with the Commission. "Contract Rate Schedule," as that term is defined below. The "Market Rate Schedule" shall be derived from the Market Rent for the Option Term Premises as determined pursuant to Exhibit G, attached hereto, as follows: (i) the Market Rent for the first Lease Year of the Option Term shall be equal to the sum of [***], and (ii) the Market Rent for each subsequent Lease Year shall be equal to [***] of the prior Lease Year's Market Rent. The "Contract Rate Schedule" shall be derived from the Base Rent applicable to the Premises for the Lease Year immediately preceding such Option Term, as follows: (x) the "Contract Rent" for the first Lease Year of any Option Term shall equal the sum of (A) the Base Rent in effect under this Lease for the Lease Year immediately preceding the commencement of the subject Option Term, (B) an amount equal to the "Excess" (as defined in Section 4.4) which is due under Article 4 of this Lease for the Base Year immediately preceding the commencement of the subject Option Term, and (C) an amount equal to the monthly amortization reimbursement payment for the "Renewal Allowance" (as defined in Section 3 of Exhibit G to this Lease) to be paid by Landlord in connection with Tenant's lease of the Premises for the Option Term, with such Renewal Allowance being amortized at a reasonable rate of return to Landlord based on the rates of return then being received by the landlords of the Comparable Buildings in connection with tenant improvement allowances then be granted by such landlords, and (y) the Contract Rent for each subsequent Lease Year shall be equal to [***] of the prior Lease Year's Contract Rent. The calculation of the Market Rent shall be derived from a review of, and comparison to, the "“Net Equivalent Lease Rates" ” of the "“Comparable Transactions," ” as provided for in Exhibit G. Notwithstanding anything set forth in this Lease to the contraryG, and thereafter, the Base Year for the applicable Option Term with respect to the Renewal Space Market Rent shall be stated as a “Net Equivalent Lease Rate” for each year of the calendar year in which subject Option Term; provided, however, that under no circumstances shall the Market Rent for any Lease Year occurring during the Option Term commencesbe less than the corresponding “Contract Rent,” as that term is defined below, as such Contract Rent is set forth on the “Contract Rate Schedule,” as that term is defined below. The “Contract Rate Schedule” shall be derived from the Base Rent applicable to the Premises for the Lease Year immediately preceding the Option Term, as follows: (x) the “Contract Rent” for the first Lease Year of the Option Term shall equal the Base Rent in effect under the Lease for the Lease Year immediately preceding the commencement of the Option Term, and (y) if the determination of the Market Rent provides that the Market Rent is escalated during the Option Term, then commencing on the date, if ever, that the Market Rent exceeds the Contract Rent, the Contract Rent shall be thereafter increased by three percent (3%) annually for the remainder of the Option Term.

Option Rent. The Rent payable by Tenant during each the Option Term (the "“Option Rent"”) shall be equal to (a) [***] of the "“Market Rent," ” as that term is defined in, and determined pursuant to, Exhibit G attached hereto, during the first (1st) Option Term, and (b) [***] of the Market Rent during the second (2nd) Option Term; provided, however, that the Market Rent for each Lease Year during such the Option Term shall be equal to the amount set forth on a "“Market Rate Schedule," ” as that term is defined below, and under no circumstances shall the Market Rent for any Lease Year occurring during any the Option Term, as set forth on the Market Rate Schedule, be less than the corresponding "“Contract Rent," ” as that term is defined below, as such Contract Rent is set forth on the [***] Confidential portions of this document have been redacted and filed separately with the Commission. "“Contract Rate Schedule," ” as that term is defined below. The "“Market Rate Schedule" ” shall be derived from the Market Rent for the Option Term as determined pursuant to Exhibit G, attached hereto, as follows: (i) the Market Rent for the first Lease Year of the Option Term shall be equal to the sum of [***], and (ii) the Market Rent for each subsequent Lease Year shall be equal to [***] of the prior Lease Year's ’s Market Rent. The "“Contract Rate Schedule" ” shall be derived from the Base Rent applicable to the Premises for the Lease Year immediately preceding such the Option Term, as follows: (x) the "Contract Rent" for the first Lease Year of any Option Term shall equal the sum of (A) the Base Rent in effect under this Lease for the Lease Year immediately preceding the commencement of the subject Option Term, (B) an amount equal to the "Excess" (as defined in Section 4.4) which is due under Article 4 *** Confidential portions of this Lease for document have been redacted and filed separately with the Base Year immediately preceding the commencement of the subject Option Term, and (C) an amount equal to the monthly amortization reimbursement payment for the "Renewal Allowance" (as defined in Section 3 of Exhibit G to this Lease) to be paid by Landlord in connection with Tenant's lease of the Premises for the Option Term, with such Renewal Allowance being amortized at a reasonable rate of return to Landlord based on the rates of return then being received by the landlords of the Comparable Buildings in connection with tenant improvement allowances then be granted by such landlords, and (y) the Contract Rent for each subsequent Lease Year shall be equal to [***] of the prior Lease Year's Contract Rent. The calculation of the Market Rent shall be derived from a review of, and comparison to, the "Net Equivalent Lease Rates" of the "Comparable Transactions," as provided for in Exhibit G. Notwithstanding anything set forth in this Lease to the contrary, the Base Year for the applicable Option Term with respect to the Renewal Space shall be the calendar year in which the Option Term commencesCommission.

Option Rent. The Rent payable by Tenant during each the Option Term (the "“Option Rent"”) shall be equal to (a) [***] of the "“Market Rent," ” (as that term is defined inin Exhibit I, attached hereto and determined pursuant to, Exhibit G attached hereto, during the first (1st) Option Term, and (b) [***] of the Market Rent during the second (2nd) Option Termmade a part hereof); provided, however, that the Market Rent for each Lease Year during such the Option Term shall be equal to the amount set forth on a "“Market Rate Rent Schedule," ” (as that term is defined below, and under no circumstances shall the hereinbelow). The “Market Rent for any Lease Year occurring during any Option Term, as set forth on the Market Rate Schedule, be less than the corresponding "Contract Rent," as that term is defined below, as such Contract Rent is set forth on the [***] Confidential portions of this document have been redacted and filed separately with the Commission. "Contract Rate Schedule," as that term is defined below. The "Market Rate Schedule" ” shall be derived from the Market Rent for the Option Term as determined pursuant to Exhibit GI, attached hereto, as follows: (i) the Market Rent for the first Lease Year of the applicable Option Term shall be equal to the sum of [***](a) the Market Rent, as determined pursuant to Exhibit I, (b) the amount of Direct Expenses applicable to the Premises, as reasonably determined by Landlord, for the calendar year in which the Option Term commences, and (ii) the Market Rent for each subsequent Lease Year shall be equal to [***] of the prior Lease Year's Market Rent. The "Contract Rate Schedule" shall be derived from the Base Rent applicable to the Premises for the Lease Year immediately preceding such Option Term, as follows: (x) the "Contract Rent" for the first Lease Year of any Option Term shall equal the sum of (A) the Base Rent in effect under this Lease for the Lease Year immediately preceding the commencement of the subject Option Term, (B) an amount equal to the "Excess" (as defined in Section 4.4) which is due under Article 4 of this Lease for the Base Year immediately preceding the commencement of the subject Option Term, and (Cc) an amount equal to the monthly amortization reimbursement payment for the "“Renewal Allowance" ” (as that term is defined in Section 3 of Exhibit G I to this Lease) to be paid by Landlord in connection with Tenant's lease of the Premises for the Option Term), with such Renewal Allowance being amortized at a reasonable rate of return to Landlord based on the rates of return then being received by the landlords of the “Comparable Buildings Buildings” (as that term is defined in Section 4 of Exhibit I), in connection with tenant improvement allowances then be being granted by such landlords, and (yii) the Contract Rent for each subsequent Lease Year Year, the Market Rent component of Rent shall be equal to […***…] percent ([…***…]%) of the prior Lease Year's Contract ’s Market Rent. The calculation of the Market Rent shall be derived from a review of, and comparison to, the "“Net Equivalent Lease Rates" ” of the "“Comparable Transactions," ” (as provided for those terms are defined in Exhibit G. I). Notwithstanding anything *** Confidential Treatment Requested set forth in this Lease to the contrary, the Base Year for the applicable Option Term with respect to the Renewal Space Premises shall be the next calendar year after the year in which the Option Term commences.

Option Rent. The Rent payable by Tenant during each the Option Term (the "Option Rent") shall be equal to (a) [***] of the "Market Rent," as that term is defined in, and determined pursuant to, Exhibit G H attached hereto, during the first (1st) Option Term, and (b) [***] of the Market Rent during the second (2nd) Option Term; provided, however, that the Market Rent for each Lease Year during such the Option Term Term, shall be equal to the amount set forth on a "Market Rate Schedule," as that term is defined below, and under no circumstances shall the Market Rent for any Lease Year occurring during any the Option Term, as set forth on the Market Rate Schedule, be less than the corresponding "Contract Rent," as that term is defined below, as such Contract Rent is set forth on the [***] Confidential portions of this document have been redacted and filed separately with the Commission. "Contract Rate Schedule," as that term is defined below. The "Market Rate Schedule" shall be derived from the Market Rent for the Option Term as determined pursuant to Exhibit GH, attached hereto, as follows: (i) the Market Rent for the first Lease Year of the Option Term shall be equal to the sum of [***](a) the Market Rent, as determined pursuant to Exhibit H, (b) the amount of Direct Expenses applicable to the Premises, as reasonably determined by Landlord, for the calendar year in which the Option Term commences, and (c) an amount equal to the monthly amortization reimbursement payment for the "Renewal Allowance" (as defined in Section 3 of Exhibit H to this Lease) to be paid by Landlord in connection with Tenant's lease of the Premises for the Option Term, with such Renewal Allowance being amortized at a reasonable rate of return to Landlord based on the rates of return then being received by the landlords of the "Comparable Buildings" as that term is set forth in Section 4 of Exhibit H attached hereto, in connection with improvement allowances then be granted by such landlords, and (ii) the Market Rent for each subsequent Lease Year shall be equal to [***] one hundred three percent (103%) of the prior Lease Year's Market Rent. The "Contract Rate Schedule" shall be derived from the Base Rent applicable to the Premises for the Lease Year immediately preceding such the applicable Option Term, as follows: (x) the "Contract Rent" for the first Lease Year of any the Option Term shall equal the sum of (A) the Base Rent in effect under this the Lease for the Lease Year immediately preceding the commencement of the subject Option Term, (B) an amount equal to the "Excess" (as defined in Section 4.4) which is due under Article 4 of this Lease for the Base Year immediately preceding the commencement of the subject Option Term, and (CB) an amount equal to the monthly amortization reimbursement payment for the "Renewal Allowance" (as defined in Section 3 of Exhibit G H to this Lease) to be paid by Landlord in connection with Tenant's lease of the Premises for the Option Term, with such Renewal Allowance being amortized at a reasonable rate of return to Landlord based on the rates of return then being received by the landlords of the Comparable Buildings in connection with tenant improvement allowances then be being granted by such landlords, and (y) the Contract Rent for each subsequent Lease Year shall be equal to [***] one hundred three percent (103%) of the prior Lease Year's Contract Rent. The calculation of the Market Rent shall be derived from a review of, and comparison to, the "Net Equivalent Lease Rates" of the "Comparable Transactions," as provided for in Exhibit G. Notwithstanding anything set forth in this Lease to the contrary, the Base Year for the applicable Option Term with respect to the Renewal Space shall be the calendar year in which the Option Term commences.H.

Option Rent. The Rent payable by Tenant during each the Option Term (the "“Option Rent"”) shall be equal to (a) [***] of the "“Market Rent," ” as that term is defined in, and determined pursuant to, Exhibit G H attached hereto, during the first (1st) Option Term, and (b) [***] of the Market Rent during the second (2nd) Option Term; provided, however, that the Market Rent for each Lease Year during such the Option Term Term, shall be equal to the amount set forth on a "“Market Rate Schedule," ” as that term is defined below, and under no circumstances shall the Market Rent for any Lease Year occurring during any the Option Term, as set forth on the Market Rate Schedule, be less than the corresponding "“Contract Rent," ” as that term is defined below, as such Contract Rent is set forth on the [***] Confidential portions of this document have been redacted and filed separately with the Commission. "“Contract Rate Schedule," ” as that term is defined below. The "“Market Rate Schedule" ” shall be derived from the Market Rent for the Option Term as determined pursuant to Exhibit GH, attached hereto, as follows: (i) the Market Rent for the first Lease Year of the Option Term shall be equal to the sum of [***](a) the Market Rent, as determined pursuant to Exhibit H, (b) the amount of Direct Expenses applicable to the Premises, as reasonably determined by Landlord, for the calendar year in which the Option Term commences, and (c) an amount equal to the monthly amortization reimbursement payment for the “Renewal Allowance” (as defined in Section 3 of Exhibit H to this Lease) to be paid by Landlord in connection with Tenant’s lease of the Premises for the Option Term, with such Renewal Allowance being amortized at a reasonable rate of return to Landlord based on the rates of return then being received by the landlords of the “Comparable Buildings” as that term is set forth in Section 4 of Exhibit H attached hereto, in connection with improvement allowances then being granted by such landlords, and (ii) the Market Rent for each subsequent Lease Year shall be equal to [***] of increase annually over the prior Lease Year's ’s Market RentRent by a percentage that is consistent with the annual percentage increases from year to year in the base rent for Comparable Transactions. The "“Contract Rate Schedule" ” shall be derived from the Base Rent applicable to the Premises for the Lease Year immediately preceding such the applicable Option Term, as follows: (x) the "“Contract Rent" ” for the first Lease Year of any the Option Term shall equal the sum of (A) the Base Rent in effect under this the Lease for the Lease Year immediately preceding the commencement of the subject Option Term, (B) an amount equal to the "Excess" (as defined in Section 4.4) which is due under Article 4 of this Lease for the Base Year immediately preceding the commencement of the subject Option Term, and (CB) an amount equal to the monthly amortization reimbursement payment for the "“Renewal Allowance" ” (as defined in Section 3 of Exhibit G H to this Lease) to be paid by Landlord in connection with Tenant's ’s lease of the Premises for the Option Term, with such Renewal Allowance being amortized at a reasonable rate of return to Landlord based on the rates of return then being received by the landlords of the Comparable Buildings in connection with tenant improvement allowances then be being granted by such landlords, and (y) the Contract Rent for each subsequent Lease Year shall be equal to [***] one hundred three percent (103%) of the prior Lease Year's ’s Contract Rent. The calculation of the Market Rent shall be derived from a review of, and comparison to, the "“Net Equivalent Lease Rates" ” of the "“Comparable Transactions," ” as provided for in Exhibit G. Notwithstanding anything set forth in this Lease to the contrary, the Base Year for the applicable Option Term with respect to the Renewal Space shall be the calendar year in which the Option Term commences.H.

Option Rent. The Rent payable by Tenant during each the Option Term (the "“Option Rent"”) shall be equal to (a) [***] of the "“Market Rent," ” as that term is defined in, and determined pursuant to, Exhibit G H attached hereto, during the first (1st) Option Term, and (b) [***] of the Market Rent during the second (2nd) Option Term; provided, however, that the Market Rent for each Lease Year during such the Option Term Term, shall be equal to the amount set forth on a "“Market Rate Schedule," as that term is defined below, and under no circumstances shall the Market Rent for any Lease Year occurring during any Option Term, as set forth on the Market Rate Schedule, be less than the corresponding "Contract Rent," as that term is defined below, as such Contract Rent is set forth on the [***] Confidential portions of this document have been redacted and filed separately with the Commission. "Contract Rate Schedule," ” as that term is defined below. The "“Market Rate Schedule" ” shall be derived from the Market Rent for the Option Term as determined pursuant to Exhibit GH, attached hereto, as follows: (i) the Market Rent for the first Lease Year of the Option Term shall be equal to the sum of [***](a) the Market Rent, as determined pursuant to Exhibit H, (b) the amount of Direct Expenses applicable to the Premises, as reasonably determined by Landlord, for the calendar year in which the Option Term commences, and (ii) the Market Rent for each subsequent Lease Year shall be equal to [***] of the prior Lease Year's Market Rent. The "Contract Rate Schedule" shall be derived from the Base Rent applicable to the Premises for the Lease Year immediately preceding such Option Term, as follows: (x) the "Contract Rent" for the first Lease Year of any Option Term shall equal the sum of (A) the Base Rent in effect under this Lease for the Lease Year immediately preceding the commencement of the subject Option Term, (B) an amount equal to the "Excess" (as defined in Section 4.4) which is due under Article 4 of this Lease for the Base Year immediately preceding the commencement of the subject Option Term, and (Cc) an amount equal to the monthly amortization reimbursement payment for the "“Renewal Allowance" ” (as defined in Section 3 of Exhibit G H to this Lease) to be paid by Landlord in connection with Tenant's ’s lease of the Premises for the Option Term, with such Renewal Allowance being amortized at a reasonable rate of return to Landlord based on the rates of return then being received by the landlords of the “Comparable Buildings Buildings” as that term is set forth in Section 4 of Exhibit H attached hereto, in connection with tenant improvement allowances then be being granted by such landlords, and (yii) the Contract Market Rent for each subsequent Lease Year shall be equal to [***] one hundred three percent (103%) of the prior Lease Year's Contract ’s Market Rent. The calculation of the Market Rent shall be derived from a review of, and comparison to, the "“Net Equivalent Lease Rates" ” of the "“Comparable Transactions," ” as provided for in Exhibit G. Notwithstanding anything set forth in this Lease to the contrary, the Base Year for the applicable Option Term with respect to the Renewal Space shall be the calendar year in which the Option Term commences.H.

Option Rent. The Rent annual rent payable by Tenant during each the Option Term (the "Option Rent") shall be equal to (a) [***] of the "Market Rent," as that term is defined in, and determined pursuant to, Exhibit G D attached hereto, during the first (1st) Option Term, and (b) [***] of the Market Rent during the second (2nd) Option Term; provided, however, that the Market Rent for each Lease Year year during such the Option Term Term, shall be equal to the amount set forth on a "Market Rate Schedule," as that term is defined below, and under no circumstances shall the Market Rent for any Lease Year year occurring during any the Option Term, as set forth on the Market Rate Schedule, be less than the corresponding "Contract Rent," as that term is defined below, as such Contract Rent is set forth on the [***] Confidential portions of this document have been redacted and filed separately with the Commission. "Contract Rate Schedule," as that term is defined below. The "Market Rate Schedule" shall be derived from the Market Rent for the Option Term as determined pursuant to Exhibit GD, attached hereto, as follows: (i) the Market Rent for the first Lease Year year of the Option Term shall be equal to the sum of [***], and (iia) the Market Rent for each subsequent Lease Year shall be equal Rent, as determined pursuant to [***] Exhibit D, (b) the estimated amount of Operating Expenses applicable to the prior Lease Year's Market Rent. The "Contract Rate Schedule" shall be derived from Premises, as reasonably determined by Landlord based on the Base Rent Operating Expenses applicable to the Premises for the Lease Year immediately preceding such Option Termthen-current year, as follows: (x) the "Contract Rent" for the first Lease Year of any calendar year in which the Option Term shall equal the sum of (A) the Base Rent in effect under this Lease for the Lease Year immediately preceding the commencement of the subject Option Term, (B) an amount equal to the "Excess" (as defined in Section 4.4) which is due under Article 4 of this Lease for the Base Year immediately preceding the commencement of the subject Option Termcommences, and (Cc) an amount equal to the monthly amortization reimbursement payment for the "Renewal Allowance" (as defined in Section 3 of Exhibit G D to this LeaseFourth Amendment) to be paid by Landlord in connection with Tenant's lease of the Premises for the Option Term, with such Renewal Allowance being amortized at a reasonable rate of return to Landlord based on the rates of return then being received by the landlords of the "Comparable Buildings" as that term is set forth in Section 4 of Exhibit D attached hereto, in connection with improvement allowances then be granted by such landlords, and (ii) the Market Rent for each subsequent year during the Option Term shall be adjusted at a rate determined as part of the Market Rent determination. The "Contract Rate Schedule" shall be derived from the Monthly Base Rent applicable to the Premises for the year immediately preceding the applicable Option Term, as follows: (x) the "Contract Rent" for the first year of the Option Term shall equal the sum of (A) the Monthly Base Rent in effect under the Lease for the year immediately preceding the commencement of the Option Term, and (B) an amount equal to the monthly amortization reimbursement payment for the "Renewal Allowance" (as defined in Section 3 of Exhibit D to this Fourth Amendment) to be paid by Landlord in connection with Tenant's lease of the Premises for the Option Term, with such Renewal Allowance being amortized at a reasonable rate of return to Landlord based on the rates of return then being received by the landlords of the Comparable Buildings in connection with tenant improvement allowances then be being granted by such landlords, and (y) the Contract Rent for each subsequent Lease Year shall be equal to [***] of the prior Lease Year's Contract Rentsuch. The calculation of the Market Rent shall be derived from a review of, and comparison to, the "Net Equivalent Lease Rates" of the "Comparable Transactions," as provided for in Exhibit G. Notwithstanding anything set forth in this Lease to the contrary, the Base Year for the applicable Option Term with respect to the Renewal Space shall be the calendar year in which the Option Term commences.D.

Option Rent. The Rent payable by Tenant during each the Option Term (the "Option Rent") shall be equal to (a) [***] of the "Market Rent," as that term is defined in, and determined pursuant to, Exhibit G attached hereto, during the first (1st) Option Term, and (b) [***] of the Market Rent during the second (2nd) Option Term; provided, however, that the Market Rent for each Lease Year during such the Option Term Term, shall be equal to the amount set forth on a "Market Rate Schedule," as that term is defined below, and under no circumstances shall the Market Rent for any Lease Year occurring during any Option Term, as set forth on the Market Rate Schedule, be less than the corresponding "Contract Rent," as that term is defined below, as such Contract Rent is set forth on the [***] Confidential portions of this document have been redacted and filed separately with the Commission. "Contract Rate Schedule," as that term is defined below. The "Market Rate Schedule" shall be derived from the Market Rent for the Option Term as determined pursuant to Exhibit GH, attached hereto, as follows: (i) the Market Rent for the first Lease Year of the Option Term shall be equal to the sum of [***](a) the Market Rent, as determined pursuant to Exhibit H, (b) the amount of Direct Expenses applicable to the Premises, as reasonably determined by Landlord, for the calendar year in which the Option Term commences, and (ii) the Market Rent for each subsequent Lease Year shall be equal to [***] of the prior Lease Year's Market Rent. The "Contract Rate Schedule" shall be derived from the Base Rent applicable to the Premises for the Lease Year immediately preceding such Option Term, as follows: (x) the "Contract Rent" for the first Lease Year of any Option Term shall equal the sum of (A) the Base Rent in effect under this Lease for the Lease Year immediately preceding the commencement of the subject Option Term, (B) an amount equal to the "Excess" (as defined in Section 4.4) which is due under Article 4 of this Lease for the Base Year immediately preceding the commencement of the subject Option Term, and (Cc) an amount equal to the monthly amortization reimbursement payment for the "Renewal Allowance" (as defined in Section 3 of Exhibit G H to this Lease) to be paid by Landlord in connection with Tenant's lease of the Premises for the Option Term, with such Renewal Allowance being amortized at a reasonable rate of return to Landlord based on the rates of return then being received by the landlords of the "Comparable Buildings Buildings" as that term is set forth in Section 4 of Exhibit H attached hereto, in connection with tenant improvement allowances then be granted by such landlords, and (yii) the Contract Market Rent for each subsequent Lease Year shall be equal to [***] one hundred three percent (103%) of the prior Lease Year's Contract Market Rent. The calculation of the Market Rent shall be derived from a review of, and comparison to, the "Net Equivalent Lease Rates" of the "Comparable Transactions," as provided for in Exhibit G. Notwithstanding anything set forth in this Lease to the contrary, the Base Year for the applicable Option Term with respect to the Renewal Space shall be the calendar year in which the Option Term commences.H.

Option Rent. The Rent payable by Tenant during each the Option Term (the "Option Rent") shall be equal to (a) [***] of the "Market Rent," as that term is defined in, and determined pursuant to, Exhibit G H attached hereto, during the first (1st) Option Term, and (b) [***] of the Market Rent during the second (2nd) Option Term; provided, however, that the Market Rent for each Lease Year during such the Option Term Term, shall be equal to the amount set forth on a "Market Rate Schedule," as that term is defined below, and under no circumstances shall the Market Rent for any Lease Year occurring during any Option Term, as set forth on the Market Rate Schedule, be less than the corresponding "Contract Rent," as that term is defined below, as such Contract Rent is set forth on the [***] Confidential portions of this document have been redacted and filed separately with the Commission. "Contract Rate Schedule," as that term is defined below. The "Market Rate Schedule" shall be derived from the Market Rent for the Option Term as determined pursuant to Exhibit GH, attached hereto, as follows: (i) the Market Rent for the first Lease Year of the Option Term shall be equal to the sum of [***](a) the Market Rent, as determined pursuant to Exhibit H, (b) the amount of Direct Expenses applicable to the Premises, as reasonably determined by Landlord, for the calendar year in which the Option Term commences, and (ii) the Market Rent for each subsequent Lease Year shall be equal to [***] of the prior Lease Year's Market Rent. The "Contract Rate Schedule" shall be derived from the Base Rent applicable to the Premises for the Lease Year immediately preceding such Option Term, as follows: (x) the "Contract Rent" for the first Lease Year of any Option Term shall equal the sum of (A) the Base Rent in effect under this Lease for the Lease Year immediately preceding the commencement of the subject Option Term, (B) an amount equal to the "Excess" (as defined in Section 4.4) which is due under Article 4 of this Lease for the Base Year immediately preceding the commencement of the subject Option Term, and (Cc) an amount equal to the monthly amortization reimbursement payment for the "Renewal Allowance" (as defined in Section 3 of Exhibit G H to this Lease) to be paid by Landlord in connection with Tenant's lease of the Premises for the Option Term, with such Renewal Allowance being amortized at a reasonable rate of return to Landlord based on the rates of return then being received by the landlords of the Comparable Buildings in connection with tenant improvement allowances then be granted by such landlordseight percent (8%) per annum, and (yii) the Contract Market Rent for each subsequent Lease Year shall be equal to [***] one hundred three percent (103%) of the prior Lease Year's Contract Market Rent. The calculation of the Market Rent shall be derived from a review of, and comparison to, the "Net Equivalent Lease Rates" of the "Comparable Transactions," as provided for in Exhibit G. Notwithstanding anything set forth H. For clarity, and in this Lease to connection with the contrarydetermination of Market Rent, the Base Year shall be reestablished for the applicable any Option Term with respect to as the Renewal Space shall be the first full calendar year in which the of such Option Term commencesTerm.