Common use of Option to Extend Lease Term Clause in Contracts

Option to Extend Lease Term. Lessor hereby grants to Lessee one --------------------------- (1) option to extend the Lease Term for a period of sixty (60) months (the "Option Term"). The option must be exercised, if at all, by written notice ("Option Notice") delivered by Lessee to Lessor not more than thirteen (13) and not less than six (6) months prior to the end of the initial Lease Term. Further, the option shall be deemed not to be properly exercised, if, as of the date of the Option Notice or at the end of the initial Lease Term or extended Lease Term (whichever is applicable), Lessee is in default under the Lease or if Lessee has previously been in default under this Lease more than once. Provided Lessee has properly and timely exercised the option, the Lease Term shall be extended for the number of months specified above, and, except as provided below, all terms, covenants and conditions of the Lease shall remain unmodified and in full force and effect. The rights contained in this Extension Option Rider shall be personal to Lessee and may only be exercised by Lessee (and not any assignee, sublessee or other transferee of Lessee's interest in this Lease) if Lessee occupies the entire Premises.

Option to Extend Lease Term. Lessor (i) Paragraph 36(A) of the Original Lease shall be modified by deleting the first three (3) sentences and replacing them with the following: “Landlord hereby grants to Lessee one --------------------------- Tenant, upon and subject to the terms and conditions set forth in this paragraph, two (12) option options (each an “Option”) to extend the Lease Term Term, each for a period an additional term of sixty five (605) months years (the "each, an “Option Term"”), with the first Option Term commencing immediately following the then scheduled Expiration Date, and the second Option Term commencing immediately following the then scheduled expiration of the first Option Term. The option must Each Option Term shall be exercised, if at all, by written notice to Landlord no earlier than eighteen ("Option Notice"18) delivered by Lessee to Lessor not more months and no later than thirteen twelve (13) and not less than six (612) months prior to the end of the initial Lease Term. Further, the option shall be deemed not to be properly exercised, if, as of the expiration date of the then current term. If Tenant fails to timely exercise the Option Notice for the first Option Term, the Option for the second Option Term shall automatically terminate and be of no further force or at the end effect. If Tenant timely exercises an Option for an Option Term, each of the initial Lease Term or extended Lease Term (whichever is applicable), Lessee is in default under the Lease or if Lessee has previously been in default under this Lease more than once. Provided Lessee has properly and timely exercised the option, the Lease Term shall be extended for the number of months specified above, and, except as provided below, all terms, covenants and conditions of this Lease except this paragraph shall apply during such Option Term as though the Lease shall remain unmodified and in full force and effect. The rights contained in this Extension expiration date of such Option Rider Term was the date originally set forth herein as the Expiration Date, provided that the Base Monthly Rent to be paid shall be personal to Lessee and may only be exercised by Lessee ninety-five percent (and not any assignee95%) of the Fair Market Rental, sublessee or other transferee of Lessee's interest in this Lease) if Lessee occupies as hereinafter defined, for the entire PremisesPremises for such Option Term.”

Option to Extend Lease Term. Lessor hereby grants to Lessee (a) Tenant shall have one --------------------------- (1) option to extend the Lease Term for a period of sixty (60) months (the "“Option Term"). The option must be exercised, if at all, by written notice ("Option Notice"to Extend”) delivered by Lessee to Lessor not more than thirteen (13) and not less than six (6) months prior to the end of the initial Lease Term. Further, the option shall be deemed not to be properly exercised, if, as of the date of the Option Notice or at the end of the initial Lease Term or extended Lease Term for one (whichever is applicable1) additional period of five (5) years (the “Extension Term”), Lessee subject to the following conditions: (i) the Option to Extend shall only be exercised by irrevocable written notice of exercise given to Landlord not sooner than twelve (12) months and not later than nine (9) months before the Expiration Date; (ii) at the time the Option to Extend is in default under exercised and at the Lease or if Lessee has previously been in default under commencement of the Extension Term, this Lease more than once. Provided Lessee has properly and timely exercised the option, the Lease Term shall be extended for the number of months specified above, and, except as provided below, all terms, covenants and conditions of the Lease shall remain unmodified and in full force and effect, and Tenant shall not then be in default beyond any applicable notice and cure period; and (iii) except in connection with a Permitted Transfer (as defined below) Tenant has not assigned this Lease nor sublet all or a portion of the Premises, or if so sublet, no subletting is then in effect at the time the Option to Extend is exercised and at the commencement of the Extension Term, it being understood and agreed that the Option to Extend is personal to the Tenant originally named herein and any Permitted Transferee (as defined below). The rights contained If Tenant fails to exercise the Option to Extend strictly in this Extension Option Rider the manner set forth hereunder, any purported exercise shall be personal null and void and of no force or effect, and the Option to Lessee Extend shall terminate and may only be exercised deemed waived by Lessee (and not any assignee, sublessee or other transferee of Lessee's interest in this Lease) if Lessee occupies the entire PremisesTenant.

Option to Extend Lease Term. Lessor hereby grants So long as this Lease is in effect, Tenant shall have the option (each such option, an "Option to Lessee one --------------------------- (1Extend") option to extend the term of the within Lease Term for a period two (2) terms of sixty five (605) months years each (the each an "Option Extension Term"), commencing on the expiration date of the original Term of the Lease, said option terms to be on the same terms and conditions as the within Lease except that (i) the Lease shall contain no further options to extend and (ii) the Annual Fixed Rent during said Extension Terms shall be determined as set forth in Section 10.15.1 below. The option must Each Option to Extend shall be exercised, if exercised by the earlier of (x) a notice from Tenant to Landlord given at all, by written notice least nine ("Option Notice") delivered by Lessee to Lessor not more than thirteen (13) and not less than six (69) months prior to before the end of the initial then-expiring Term, time being of the essence. Subject to the provisions set forth below in the next sentence of this Section 10.15 and the provisions of Section 10.15.1 (g) hereof, upon the delivery of any such notice of exercise of any Option to Extend, the Term of this Lease shall be irrevocably extended for the applicable Extension Term. FurtherIf (i) Tenant does not timely exercise any Option to Extend, or (ii) at the option time of Tenant's notice of exercise of any Option to Extend or at the time of commencement of any Extension Term, an Event of Default shall exist and be deemed not continuing, at Landlord's option, Xxxxxx's Option to be properly exercisedExtend the Term shall irrevocably lapse, ifTenant shall have no further right to extend the Term, as of the date of the Option Notice or and this Lease shall expire at the end of the initial Lease Term or extended Lease Term (whichever is applicable), Lessee is in default under then-current Term. All references to the Lease or if Lessee has previously been in default under this Lease more than once. Provided Lessee has properly and timely exercised the option, the Lease Term shall mean the initial Term as it may be extended for the number of months specified above, and, except as provided below, all terms, covenants and conditions of the Lease shall remain unmodified and in full force and effect. The rights contained in this by any Extension Option Rider shall be personal to Lessee and may only be exercised by Lessee (and not any assignee, sublessee or other transferee of Lessee's interest in this Lease) if Lessee occupies the entire PremisesTerm.

Option to Extend Lease Term. Lessor (i) Paragraph 36(A) of the Original Lease shall be modified by deleting the first three (3) sentences and replacing them with the following: “Landlord hereby grants to Lessee one --------------------------- Tenant, upon and subject to the terms and conditions set forth in this paragraph, two (12) option options (each an “Option”) to extend the Lease Term Term, each for a period an additional term of sixty five (605) months years (the "each, an “Option Term"”), with the first Option Term commencing immediately following the then scheduled Expiration Date, and the second Option Term commencing immediately following the then scheduled expiration of the first Option Term. The option must Each Option Term shall be exercised, if at all, by written notice to Landlord no earlier than eighteen ("Option Notice"18) delivered by Lessee to Lessor not more months and no later than thirteen twelve (13) and not less than six (612) months prior to the end of the initial Lease Term. Further, the option shall be deemed not to be properly exercised, if, as of the expiration date of the then current term. If Tenant fails to timely exercise the Option Notice for the first Option Term, the Option for the second Option Term shall automatically terminate and be of no further force or at the end effect. If Tenant timely exercises an Option for an Option Term, each of the initial Lease Term or extended Lease Term (whichever is applicable), Lessee is in default under the Lease or if Lessee has previously been in default under this Lease more than once. Provided Lessee has properly and timely exercised the option, the Lease Term shall be extended for the number of months specified above, and, except as provided below, all terms, covenants and conditions of this Lease except this paragraph shall apply during such Option Term as though the Lease shall remain unmodified and in full force and effect. The rights contained in this Extension expiration date of such Option Rider Term was the date originally set forth herein as the Expiration Date, provided that the Base Monthly Rent to be paid shall be personal to Lessee and may only be exercised by Lessee ninety-five percent (and not any assignee95%) of the Fair Market Rental, sublessee or other transferee of Lessee's interest in this Lease) if Lessee occupies as hereinafter defined, for the entire PremisesPremises for such Option Term.” 235283

Option to Extend Lease Term. Lessor (i) Paragraph 36(A) of the Original Lease shall be modified by deleting the first three (3) sentences and replacing them with the following: “Landlord hereby grants to Lessee one --------------------------- Tenant, upon and subject to the terms and conditions set forth in this paragraph, two (12) option options (each an “Option”) to extend the Lease Term Term, each for a period an additional term of sixty five (605) months years (the "each, an “Option Term"”), with the first Option Term commencing immediately following the then scheduled Expiration Date, and the second Option Term commencing immediately following the then scheduled expiration of the first Option Term. The option must Each Option Term shall be exercised, if at all, by written notice to Landlord no earlier than eighteen ("Option Notice"18) delivered by Lessee to Lessor not more months and no later than thirteen twelve (13) and not less than six (612) months prior to the end of the initial Lease Term. Further, the option shall be deemed not to be properly exercised, if, as of the expiration date of the then current term. If Tenant fails to timely exercise the Option Notice for the first Option Term, the Option for the second Option Term shall automatically terminate and be of no further force or at the end effect. If Tenant timely exercises an Option for an Option Term, each of the initial Lease Term or extended Lease Term (whichever is applicable), Lessee is in default under the Lease or if Lessee has previously been in default under this Lease more than once. Provided Lessee has properly and timely exercised the option, the Lease Term shall be extended for the number of months specified above, and, except as provided below, all terms, covenants and conditions of this Lease except this paragraph shall apply during such Option Term as though the Lease shall remain unmodified and in full force and effect. The rights contained in this Extension expiration date of such Option Rider Term was the date originally set forth herein as the Expiration Date, provided that the Base Monthly Rent to be paid shall be personal to Lessee and may only be exercised by Lessee ninety-five percent (and not any assignee95%) of the Fair Market Rental, sublessee or other transferee of Lessee's interest in this Lease) if Lessee occupies as hereinafter defined, for the entire PremisesPremises for such Option Term.” 235287

Option to Extend Lease Term. Lessor hereby grants to Lessee one --------------------------- (1) option to extend the Lease Term for a period of sixty (60) months months, (the "Option TermOPTION TERM"). The option must be exercised, if at all, by written notice ("Option NoticeOPTION NOTICE") delivered by Lessee to Lessor not more than thirteen (13) and not less than six (6) months prior to the end of the initial Lease Term. Further, the option shall be deemed not to be properly exercised, if, as of the date of the Option Notice or at the end of the initial Lease Term or extended Lease Term (whichever is applicable)Term, Lessee is in default under the Lease or if Lessee has previously been in default under this Lease more than once. Provided Lessee has properly and timely exercised the option, the Lease Term shall be extended for the number of months specified above, and, except as provided below, all terms, covenants and conditions of the Lease shall remain unmodified and in full force and effect. The rights contained in this Extension Option Rider shall be personal to Lessee and may only be exercised by Lessee (and not any assignee, sublessee or other transferee of Lessee's interest in this Lease) if Lessee occupies the entire Premises.