Lease Agreement



 EXHIBIT 10.11 
  
 LEASE AGREEMENT 
  
 Between 
  
 410 COMMERCE L.L.C., Landlord 
  
 and 
  
 SUNGARD
AVAILABILITY SERVICES LP, Tenant 
  
 Prepared by: 
  
 Richard G. Berger, Esq. 
 Russo Development, LLC 
 71 Hudson Street 
 Hackensack, New Jersey 07601 
 (201) 487-5657 
  

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 TABLE OF CONTENTS 
  

					
	 1.
	 	Commencement Date of Term	  	5
			
	 2.
	 	Rent	  	6
			
	 3.
	 	Additional Rent	  	7
			
	 4.
	 	Repairs and Maintenance Obligations of Tenant	  	10
			
	 5.
	 	Repairs and Maintenance Obligation of Landlord	  	11
			
	 6.
	 	Utilities and Personal Property Taxes	  	12
			
	 7.
	 	Glass, Damage by Tenant	  	13
			
	 8.
	 	Use of Premises	  	14
			
	 9.
	 	Alterations and Improvements	  	15
			
	 10.
	 	Laws and Ordinances	  	19
			
	 11.
	 	Insurance	  	21
			
	 12.
	 	Landlord's Liability	  	24
			
	 13.
	 	Default of Landlord	  	25
			
	 14.
	 	Default of Tenant	  	25
			
	 15.
	 	Access to Premises	  	29
			
	 16.
	 	Hold Harmless	  	29
			
	 17.
	 	Assignment or Sublease	  	30
			
	 18.
	 	Condemnation	  	31
			
	 19.
	 	Fire or Casualty Loss	  	32
			
	 20.
	 	Estoppel Certificate	  	33
			
	 21.
	 	Signage	  	34

  

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	 22.
	 	Brokerage Commission	  	34
			
	 23.
	 	Unavoidable Delays	  	34
			
	 24.
	 	Subordination	  	35
			
	 25.
	 	Security Deposit	  	36
			
	 26.
	 	Intentionally Omitted	  	37
			
	 27.
	 	Intentionally Omitted	  	37
			
	 28.
	 	Environmental Covenants	  	37
			
	 29.
	 	Auction Sales	  	39
			
	 30.
	 	Holding Over	  	39
			
	 31.
	 	Quiet Possession	  	40
			
	 32.
	 	Representations and Warranties of Landlord	  	40
			
	 33.
	 	Notices	  	41
			
	 34.
	 	Parties Bound	  	42
			
	 35.
	 	Abandoned Personal Property	  	42
			
	 36.
	 	Article Headings	  	43
			
	 37.
	 	Governing Law	  	43
			
	 38.
	 	Letter of Acceptance	  	43
			
	 39.
	 	Tenant’s Right to Lease Unit B	  	43
			
	 40.
	 	Options to Renew	  	44
			
	 41.
	 	Conditional Right of First Offer on Purchase of Landlord’s Premise	  	45
			
	 42.
	 	Intentionally Deleted	  	45
			
	 43.
	 	Mobile Data Center	  	45
			
	 44.
	 	Rooftop Rights	  	46

  

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	 45.
	 	Redundant Conduit Line	  	47
			
	 46.
	 	Supplemental HVAC	  	48
			
	 47.
	 	Venting	  	49
			
	 48.
	 	Grounding of Equipment	  	49
			
	 49.
	 	Backup Electrical Generators	  	49
			
	 50.
	 	Due Execution	  	50
			
	 51.
	 	Payment of Tenant’s Legal Costs Under Special Circumstances	  	50

  

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 LEASE AGREEMENT 
  
 THIS AGREEMENT, made this 19th day of January, 2005, By and Between: 
  
 410 COMMERCE, L.L.C., c/o Russo Development, 
 LLC., 71 Hudson Street, Hackensack, New Jersey 
 07601 (hereinafter referred to as “Landlord”), 
  
 and 
  
 SUNGARD AVAILABILITY SERVICES LP, 

680 East Swedesford Road, Wayne, Pennsylvania 
 19087 (hereinafter referred to as “Tenant”). 
  
 W I T N E S S E T H: 
  
 Landlord hereby
leases to Tenant, and Tenant hereby leases from Landlord, those certain premises which consist of approximately 89,999 square feet of space (consisting of approximately 25,584 square feet of space designated as Unit C and approximately 64,415 square
feet of space designated as Unit D (Unit C and Unit D are hereinafter collectively referred to as the “Demised Premises”) and the exclusive right to 32 parking spaces associated with Unit C and 81 car parking spaces associated with Unit D
(for a total of 113 car parking spaces after the Commencement Date for both Unit C and Unit D) at 410 Commerce Boulevard, Carlstadt, New Jersey 07072 all as more particularly depicted on Schedule “A” annexed hereto. 
  
 TO HAVE AND TO HOLD the premises for a term commencing on the Commencement
Date as to each of Unit C and Unit D as provided in Section 1 of this Lease, and ending on September 30, 2015 (the “Termination Date”). 
  
 IN CONSIDERATION OF THE FOREGOING, and of the mutual promises, agreements, conditions, covenants and terms herein set forth, the Landlord and the Tenant
further covenant and agree as follows: 
  
 1. Commencement
Date of Term: 
  
 1.1 Unit D. The term hereof shall
commence with respect to Unit D on the delivery date of Unit D set forth below. The Tenant may at any time from the date of this Lease provide written notice to the Landlord that the Tenant wishes to assume possession of Unit D, and within two (2)
business days of the Landlord’s receipt of such notice from the Tenant, the Landlord shall serve a ninety (90) calendar day termination notice upon the existing tenant, Geologistics Americas, Inc. and shall deliver possession of Unit D to the
Tenant on the date which is ninety (90) calendar days after service of such notice of termination. Notwithstanding the foregoing, the Landlord shall deliver possession of Unit D to the Tenant, and the Tenant shall assume possession thereof, no later
than October 1, 2006. The date when Tenant takes possession of Unit D shall be the “Commencement Date” for purposes of this Lease. 
  

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 1.2 Unit C. The term of this Lease with respect to Unit C shall commence on September 1, 2006 so
long as Landlord delivers possession thereof to Tenant by such date. 
  
 2. Rent: 
  
 2.1 Fixed Rent: The Tenant
hereby agrees to pay to the Landlord an aggregate rental for the Initial Term, in cash or check, lawful money of the United States of America, payable in monthly installments as set forth on Schedule “C” annexed hereto, payable on the
first day of each and every month, in advance, throughout the term of this Lease (hereinafter, “Fixed Rent”), commencing on the Commencement Date as provided at Section 1 of this Lease. Fixed Rent shall be payable with respect to each Unit
of the Demised Premises on the date that Tenant is granted possession of and is permitted to occupy each of Unit C and Unit D under this Lease and shall continue through the Termination Date or such earlier date as this Lease shall terminate in
accordance with its terms. The rent shall be paid at the office of the Landlord set forth above on this page, or at such other place as may hereafter be designated by the Landlord. Fixed Rent shall be paid to the Landlord without notice or demand
and without deduction, set-off or other charge, except as may otherwise be provided for herein. The parties acknowledge and agree that the monthly and annual rental figures depicted on Schedule “C” are calculated on unrounded figures and
do not represent actual multiplication or division using the rounded figures on the Schedule, and the parties agree to abide by the monthly and yearly rental amounts as set forth at Schedule “C” without regard to the fact that they do not
result from multiplication or division of the rounded numbers shown on Schedule “C.” The parking spaces are being provided to Tenant at no additional charge. 
  
 2.2 Except as otherwise specifically provided for herein, any sums due the Tenant from the Landlord under any of the
provisions of this Lease, or arising from or out of the Landlord’s failure to comply with, or perform any of the terms of this Lease, shall in all cases be enforced by Tenant by means other than deduction from rent. No payment by Tenant or
receipt by Landlord of a lesser amount than any payment of Fixed Rent or Additional Rent herein stipulated shall be deemed to be other than on account of the earliest stipulated such rent or rents then due and payable. 
  
 2.3 If checks issued by Tenant shall be dishonored a late charge shall apply
and if checks are dishonored on two (2) or more occasions within any six (6) month period, Landlord may require, by giving written notice to Tenant that all future rental payments are to be made by cash, cashier’s check, or money order, and
that the delivery of Tenant’s personal or corporate check will no longer constitute a payment of rental as provided in this Lease. Any acceptance of personal or corporate check thereafter by Landlord shall not be construed as a subsequent
waiver of said rights except as to the check so accepted. 
  
 2.4
If any installment of rent or any sum due from Tenant, under this or any other agreement between Landlord and Tenant, shall not be received by Landlord or 
  
  

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 Landlord’s designee from Tenant within ten (10) days after said amount is due, then Tenant shall pay to Landlord a
late charge equal to five percent (5%) of the amount past due, plus any reasonable attorneys’ fees incurred by Landlord by reason of Tenant’s failure to pay rent and/or other charge when due hereunder. Acceptance of such late charge by the
Landlord shall in no event constitute a waiver of Tenant’s default with respect to such overdue amount, nor prevent Landlord from exercising any of the other rights and remedies granted hereunder, unless accompanied by the applicable
installment of rent or other sum due. The aforesaid late charge may be repeated each month that the same rent or charge remains unpaid. 
  
 3. Additional Rent: 
  
 3.1 Tenant shall be fully responsible to pay as Additional Rent hereunder all taxes, costs, charges, maintenance, and operational expenses associated
with the Demised Premises together with all interest and penalties that may accrue thereon in the event of the Tenant’s failure to pay such amounts, and all damages, costs and expenses which the Landlord may incur by reason of any default of
the Tenant or failure on the Tenant’s part to comply with the terms of this Lease, except those specifically allocated to Landlord under Article 5 of this Lease. Therefore, and without limitation, commencing at the Commencement Date, Tenant
shall pay to Landlord: (i) with respect to Unit D, twenty-two and ninety-five one-hundredths (22.95%) percent, and (ii) with respect to Unit C, nine and twelve one-hundredths (9.12%) percent (and at such time as both Unit C and Unit D are occupied
by the Tenant, the total aggregate percentage shall be thirty-two and seven one-hundredths (32.07%) percent) of the total costs of the following items, herein called “Additional Rent”: 
  
 A. All real estate taxes on the land, as more fully described on Schedule
”H” attached hereto and made a part hereof (the “Land”), site improvements and the Building (hereinafter collectively, the “Landlord’s Premises”). Said real estate taxes shall include all real estate taxes and
assessments that are levied upon and/or assessed against the Landlord’s Premises, including any taxes which may be levied on rents, except that as to assessments, Landlord shall elect to pay same over the longest period permitted by law and
only the current year’s installment, including interest, shall be added into Tenant’s calculation. In addition, Tenant shall reimburse Landlord for Landlord’s reasonable costs incurred in appealing taxes and/or assessments on
Landlord’s Premises, including reasonable legal fees, expert witness fees and other proper costs but Tenant will not be liable to pay a reimbursement in excess of any actual tax savings resulting from such an appeal. If any such appeal is
successful, any recovery net of such expenses shall be credited (proportionately) to Tenant’s obligation hereunder. Except during the final three (3) years of the then Term, Tenant shall have the right to appeal tax assessments on the
Landlord’s Premises at Tenant’s sole cost and expense (such costs, including, without limitation, reasonable counsel fees shall be reimbursed to Tenant from any tax refunds with the net refunds to be credited pro rata to all tenants of
Landlord’s Premises, including the Tenant); provided that if such appeal is unsuccessful or if it results in an increase in real estate taxes, Tenant shall bear all such costs, attorneys fees and tax increases. Notwithstanding the foregoing,
the foregoing taxes shall specifically exclude income taxes assessed against the Landlord, franchise taxes, estate taxes, sales taxes, corporate income taxes, capital stock taxes, employment benefit taxes, social security taxes, worker’s
compensation taxes, capital levy, succession, inheritance, or transfer taxes payable by the Landlord, corporate franchises, capital 
  

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 stock, loans and bonus taxes imposed upon any owner of the Land, any late fees, penalties or interest with respect to the
payment of any such taxes, and any income, profits or revenue tax. Landlord hereby agrees to pay all such taxes so as to include and obtain any applicable discount for early payment. Notwithstanding the foregoing, Tenant shall be responsible for the
payment of all taxes and assessments directly assessed upon the Tenant Improvements and Tenant’s personal property located at the Landlord’s Premises without default or penalty. 
  
 B. All premiums and deductible costs paid by Landlord for the Landlord’s Premises only associated with Insurance (as
described in Articles 11.3 and 11.4 below). 
  
 C. All costs to
maintain, repair and replace common areas, parking lots, sidewalks, canopies, driveways, hallways and utility rooms, lines and facilities and other common areas within the Land. There shall also be included any parking charges, utilities surcharges,
or any other costs levied, assessed or imposed by, or at the direction of, or resulting from statutes or regulations, or interpretations thereof, promulgated by any governmental authority in connection with the use or occupancy of the Demised
Premises or the Parking Lot (as defined in Article 43 below) from and after the Commencement Date. Any and all such replacement costs shall be amortized over the useful economic life of such improvements. 
  
 D. All costs apportioned to the Landlord’s Premises for road work
carried out by the Landlord’ affiliated company(ies) as a common expense of the tenants of all the properties owned by Landlord and its affiliated companies fronting on Commerce Boulevard, Carlstadt, New Jersey. Landlord has disclosed to Tenant
that: (i) the annual charges for the foregoing road work is: (A) $228.77 per annum for Unit D, and (B) $91.59 per annum for Unit C, and (ii) the foregoing charges will recur on an annual basis through August 2013. 
  
 E. On or about the Commencement Date, Landlord shall submit to Tenant a
statement of the anticipated monthly Additional Rent for the period between the Commencement Date, and the following December 31, and Tenant shall pay this Additional Rent on a monthly basis concurrently with the payment of the Fixed Rent. Tenant
shall continue to make said monthly payments until notified by Landlord of a change thereof. By March 1 of each calendar year, Landlord shall use its best efforts to give Tenant a statement showing the total Additional Rent for the Landlord’s
Premises for the prior calendar year prorated from the Commencement Date (an “Operating Expense Statement”). 
  
 F. If the total of the monthly payments which Tenant has made for the prior calendar year is less than the Tenant’s actual share of such Additional
Rent, then Tenant shall pay the difference in a lump sum within thirty (30) days after receipt of such statement from Landlord and shall concurrently pay the difference between the total previous monthly payments made in the then calendar year and
the total of monthly payments calculated as Additional Rent based on the prior year’s experience. Any overpayment by Tenant shall be credited towards the Fixed Rent and/or Additional Rent next coming due. The actual Additional Rent for the
prior year shall be used for purposes of calculating the anticipated monthly Additional Rent for the then current year with actual determination of such Additional Rent after each calendar year as above provided. Even though the term has expired and
Tenant has vacated 
  
  

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 the Demised Premises, when the final determination is made of Tenant’s share of said Additional Rent for the year in
which this Lease terminates, Tenant shall pay any increase due over the estimated Additional Rent previously paid within thirty (30) days after demand, and, conversely, any overpayment made shall be immediately rebated by Landlord to Tenant within
thirty (30) days after such notice to Tenant, and this provision shall survive termination for said purpose. Failure of Landlord to submit Operating Expense Statements to Tenant as called for herein within six (6) months after the end of any
applicable lease year or one (1) year from the expiration of the Initial Term, or any renewal term, as the case may be, shall be deemed to be a waiver of Tenant’s requirement to pay sums as herein provided. In addition, Tenant shall not be
responsible or liable for the payment of any amount which should have been included in an Operating Expense Statement as Additional Rent for a particular calendar year that was not so included. 
  
 G. Each Operating Expense Statement shall be conclusive and binding upon
Tenant unless, within one hundred twenty (120) days after receipt of such Operating Expense Statement, Tenant shall notify Landlord that it disputes the correctness of the Operating Expense Statement, specifying the particular respects in which said
Operating Expense Statement is claimed to be incorrect. Tenant, or an independent certified public accountant who is hired by Tenant on a noncontingency fee basis and who offers a full range of accounting services, shall have the right, during
regular business hours, to review Landlord’s invoices relating to the disputed items of operating expenses for the immediately preceding lease year; or at Landlord’s sole discretion and in lieu of such review, Landlord will provide Tenant
with an audited statement. Tenant shall (and shall cause its employees, agents and consultants to) keep the results of any such review or audited statement strictly confidential. If such review or audited statement shows that the estimated payments
by Tenant on account of operating expenses exceeded the amounts to which Landlord is entitled hereunder for the immediately preceding lease year, Landlord shall credit or refund the amount of such excess as provided herein. In addition, if the
Operating Expense Statement overstated the actual operating expenses by five percent (5%) or more, then Landlord shall pay to Tenant the reasonable and necessary fees and costs associated with such audit. If Tenant shall dispute an Operating Expense
Statement, pending the determination of such dispute, Tenant shall pay the estimated payments claimed by Landlord to be due from Tenant on account of operating expenses in accordance with the applicable Operating Expense Statement, without prejudice
to Tenant’s position. All costs and expenses of such review or audited statement shall be paid by Tenant except as otherwise specifically provided for in this Section 3.1 F. If Tenant does not notify Landlord in writing of any objection to any
Operating Expense Statement within one hundred twenty (120) days after receipt thereof, then Tenant shall be deemed to have waived such objection. 
  
 3.2 Anything in Section 3.1 to the contrary notwithstanding, Additional Rent shall not include: (i) depreciation on the Building or the parking
facilities or equipment therein; (ii) salaries of employees and executives above the grade of building manager; (iii) real estate broker’s and/or leasing commissions to agents of Landlord or to other persons or brokers; (iv) expenditures for
capital improvements except as specifically provided for above in Article 3.1(c) above; provided, however, that in no event shall Tenant be responsible for contributing to the cost of any structural, foundation and/or roof repair or replacement; (v)
amounts received by Landlord through proceeds of insurance to the extent the proceeds are 
  

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 compensation for expenses which were previously included in Additional Rent hereunder; (vi) cost of repairs incurred by
reason of fire or other casualty to the extent to which Landlord is compensated therefor through proceeds of insurance or would be compensated by any insurance required to be maintained by Landlord hereunder, or caused by the exercise of the right
of eminent domain (except for the amount of deductibles); (vii) advertising and promotional expenditures; (viii) legal fees for disputes with tenants and legal and auditing fees, other than legal and auditing fees reasonably incurred in connection
with the maintenance and operation of the Building or in connection with the preparation of statements required pursuant to additional rent or lease escalation provisions; (ix) costs incurred in performing work or furnishing services for individual
tenants (including this Tenant) at such tenant’s expense or at Landlord’s expense; (x) legal fees for the negotiation or enforcement of any leases, collection costs or bad debt expenses related to other tenants, or in connection with any
debt or equity financing or sale of the Building or Landlord’s Premises; (xi) any costs or expenses legally required to be incurred by Landlord to bring the Parking Lot and access to the Building into compliance with the Americans With
Disabilities Act of 1990, as amended and regulated as of the Commencement Date, and cost of compliance with all laws in effect as of the Commencement Date; (xii) expenses of relocating or moving tenants and of leasing to and processing new tenants,
including lease concessions; (xiii) expenses resulting from any violations by the Landlord or any tenant of the terms of any lease in the Building; (xiv) costs of performing any clean-up relating to environmental conditions or affecting the Building
or Landlord’s Premises prior to the Commencement Date or as otherwise provided for herein; (xv) depreciation or amortization of any improvements or equipment; (xvi) principal or interest payments on loans secured by mortgages on the Building or
on the Landlord’s Premises; (xvii) any costs for services rendered by any person or entity related to or affiliated with Landlord which is in excess of commercially reasonable rates for such services; (xviii) penalties, interest and bad debts;
(xix) any obligations under any mortgage, ground lease or other debt affecting the Landlord’s Premises; and (xx) the cost of installation or furnishing any utility service to other space in the Building not leased to Tenant. 
  
 4. Repairs and Maintenance Obligations of Tenant: 
  
 4.1 The Tenant has examined the Demised Premises and has entered into this
Lease without any representation on the part of the Landlord as to the present or future condition thereof, except as may be expressly set forth herein, and shall accept the Demised Premises in “as is” condition upon the Commencement Date.

  
 4.2 The Tenant shall, at all times during the term of this
Lease or any renewals thereof, at its sole expense, put and maintain in thorough repair and in good and safe condition, and shall make all necessary repairs, replacements, renewals, alterations, ordinary and extraordinary, to the Demised Premises
and to the equipment, appurtenances, pipes, plumbing systems, HVAC systems, electrical systems, interior finishes, interior partitions, ceilings, window glass, fixtures, and all other appliances and appurtenances exclusively serving the Demised
Premises, including, without limitation, all Tenant Improvements installed by Tenant, or its contractors, or by Landlord’s affiliates under contract(s) with the Tenant. 
  

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 4.3 All repairs and replacements shall be in quality and class at least equal to the original work.
After an Event of Default (as hereinafter defined) with respect to making such repairs or replacements, the Landlord may, but shall not be required to, make such repairs and replacements for the Tenant’s account, and the expense thereof shall
constitute and be collectible as Additional Rent, payable within thirty (30) days of written demand. 
  
 4.4 The Tenant shall maintain all portions of the Demised Premises in a clean and orderly condition, free of dirt, rubbish, and unlawful obstructions.

  
 4.5 The Landlord shall not be required to furnish any
services or facilities or to make any repair or alteration in or to the Demised Premises, except as hereinbefore or hereinafter set forth. The Tenant hereby assumes the full and sole responsibility for the condition, operation, repair, maintenance,
and management of the Demised Premises, subject to Landlord’s obligations to clean up or otherwise respond to any environmental conditions existing as of the Commencement Date or otherwise not the responsibility of Tenant under Article 10.

  
 4.6 In case any dispute shall arise at any time between the
Landlord and the Tenant as to the standard of care and maintenance of the Demised Premises, such dispute shall be determined by arbitration before a licensed architect or real estate broker, mutually agreed upon by Landlord and Tenant; provided that
if the requirement for making repairs or replacements is imposed by any governmental authority or the holder of any mortgage to which this Lease is subordinate, then such requirement for repairs or replacements shall be complied with by the Tenant,
provided that Tenant shall also have the right to dispute or contest the validity, application, or reasonableness of any governmental requirement and the Landlord shall afford to the Tenant reasonable cooperation in this connection. 
  
 4.7 Anything in this Article 4 to the contrary notwithstanding, the
foregoing provisions shall not apply to any environmental matters, which are specifically addressed in Article 10 below. 
  
 5. Repairs and Maintenance Obligations of Landlord: 
  
 5.1 The Landlord shall make all repairs, replacements, alterations, or renewals and perform all non-routine maintenance to the structural elements of the
building in which the Demised Premises are located and the structural elements of site improvements located at the Landlord’s Premises (hereinafter, the “Structural Elements”) at Landlord’s expense, which shall include exterior
walls, structural steel, foundations and the roof deck (and any common area pipes, plumbing, HVAC and electrical systems which do not exclusively service the Demised Premises). As a common expense of all tenants of Landlord’s Premises subject
to Section 3.1C of this Lease, the Landlord shall make all repairs, replacements, alterations or renewals and perform all maintenance to all landscaped areas, parking and loading areas, common areas, sidewalks and curbs, exterior stairs for ingress
and egress, site drainage facilities, dock seals and/or dock shelters, dock levelers, loading doors, and all other portions of Landlord’s Premises not included in Section 4 as the exclusive responsibility of Tenant, including, without
limitations, snow and ice removal from parking, loading, and sidewalk areas. 
  

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 Any repairs to the foregoing areas resulting from the negligence or wrongful act or omission of Tenant or its agents,
employees, contractors, subtenants and/or invitees shall be at the sole cost of the Tenant and shall be Additional Rent. At Landlord’s option, routine maintenance may include, without limitation, all items noted in Schedule “E”
annexed hereto and made a part hereof. All work performed by Landlord (or any of its affiliated entities) shall be at commercially reasonable costs. 
  
 5.2 Landlord shall not be in default under this lease for any failure to make such repairs or to perform any maintenance unless Landlord shall fail to
cure said default within thirty (30) days after notice of said default by Tenant, or in the case of a default not susceptible of a cure within thirty (30) days, if Landlord shall fail to commence a cure within thirty (30) days and diligently
complete such cure within a reasonable time. Notwithstanding the foregoing, if Tenant’s personnel cannot reasonably perform their functions in the Demised Premises as a result of Landlord’s default which materially and adversely impairs
the use of the Demised Premises (such being a “Shut-Down Condition”), Tenant may serve written notice upon the Landlord of such Shut-Down Condition. Landlord shall have one (1) business day to commence necessary repairs and to diligently
prosecute such repairs to a conclusion. If Landlord defaults in its obligation, Tenant shall have the self-help rights afforded under Section 13.1. Further, in the event a Shut-Down Condition persists for more than thirty (30) days, Fixed Rent and
Additional Rent shall abate until the Shut-Down Condition has been remedied so as to permit Tenant’s personnel to reasonably perform their functions in the Demised Premises. 
  
 5.3 Tenant shall promptly report in writing to Landlord any defective condition known to Tenant which Landlord is required
to repair. 
  
 5.4 The Landlord agrees that the Demised Premises
shall be delivered to the Tenant in clean, “as is” condition and with all of the Structural Elements in working order and in compliance with all applicable laws. 
  
 5.5 Notwithstanding the above, Landlord will be responsible for all costs incurred to remedy defects in the original design
and construction of the Structural Elements, including any repair, restoration, capital improvements or maintenance to Structural Elements (but not to Tenant Improvements) due to defects in design or construction of the Structural Elements, cleanup
of or other response to environmental conditions existing at the Commencement Date and which are not caused by Tenant, and such shall NOT constitute Additional Rent hereunder. 
  
 6. Utilities and Personal Property Taxes: 
  
 6.1 Tenant shall pay for all water, gas, heat, light, power, sewer charges, telephone service, fire alarm monitoring and
all other services and utilities supplied to the Demised Premises (including, without limitation, exterior lighting provided for the exclusive use of the Demised Premises), together with any taxes thereon. 
  

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 6.2 In the event the Demised Premises are connected to public utilities by means of lines passing
through the Landlord’s property outside the Demised Premises, it shall be the Landlord’s responsibility to maintain said lines as a common expense of all tenants of Landlord’s Premises provided however that Landlord’s
responsibility shall not extend further than to repair any breaks or obstructions in said lines with reasonable dispatch after being advised of same, and to refrain from any negligent or willful action to cause any such break or obstruction.
Tenant’s repair responsibility in respect to any such lines shall be limited to their entry into the Demised Premises. In no event shall Landlord be responsible for any interruption of service of any utility to the Landlord’s Premises
occurring by reason of any act or condition unless caused by the gross negligence or willful misconduct of Landlord. 
  
 6.3 Tenant shall pay, or cause to be paid, before delinquency, any and all taxes levied or assessed and which become payable during the term hereof upon
all Tenant’s leasehold improvements, equipment, furniture, fixtures, and any other personal property belonging to Tenant and located on the Demised Premises. In the event any or all of the Tenant’s leasehold improvements, equipment,
furniture, fixtures and other personal property shall be assessed and taxed with the real property, Tenant shall pay to Landlord such taxes applicable to Tenant’s property within thirty (30) days after delivery to Tenant by Landlord of a
statement in writing setting forth the amount of such taxes applicable to Tenant’s property. 
  
 6.4 Notwithstanding the foregoing in this Article 6, Tenant shall have the right to utilize services of an alternative utility service provider
(“ASP”) (including a provider of telecommunication services) rather than the primary utility providers servicing the Building as of the date of Tenant’s execution of this Amendment. Tenant acknowledges and agrees that all utility
services desired by Tenant pursuant to this paragraph shall be ordered and utilized at the sole expense of Tenant. Tenant agrees that to the extent service by ASP is interrupted, curtailed, or discontinued for whatever reason, Landlord shall have no
obligation or liability with respect thereto. 
  
 7. Glass,
Damage by Tenant: 
  
 7.1 In case of the destruction of or
any damage to the glass in the Demised Premises, or the destruction of or damage of any kind whatsoever to the Demised Premises, the Tenant shall repair the said damage or replace or restore any destroyed parts of the Demised Premises, as speedily
as possible, at the Tenant’s own cost and expense. Notwithstanding the foregoing, if any such damage is covered by insurance maintained under Sections 11.3 and 11.4 below, then Landlord hereby agrees to file and pursue in good faith a claim
with the insurance company with respect to such damage and reimburse Tenant with respect to the proceeds arising from such claim. Notwithstanding the foregoing, Tenant shall have no such repair requirement to the extent such damage or destruction is
reimbursable under the insurance required in Section 11.3 below and the provisions of this Section 7.1 shall be subject to the waiver of subrogation provision in Section 11.9 below. 
  

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 8. Use of Premises: 
  
 8.1 The Demised Premises shall be used and occupied only for all uses in connection with Tenant’s disaster recovery
operation and related business, including disaster recovery services, data storage, continuity services, employee educational programs, general office purposes, conference rooms, employee training facilities, computer facilities, remote computer
testing facilities, employee kitchens and other legally permitted uses consistent with the characteristics of similar first-class facilities (the “Permitted Use”), and may not be used for any other business or enterprise or in any manner
other than as authorized by this Article 8 without Landlord’s prior written consent. Landlord’s consent to any other lawful use which complies with the provisions of this Article 8 of this Lease shall not be unreasonably withheld or
delayed or conditioned; provided, however, that Tenant’s sole remedy with respect to any assertion that Landlord’s failure to timely consent to a change of use was unreasonable shall be to seek equitable relief (including, without
limitation, specific performance and/or injunctive relief), and Tenant shall have no damage claim against Landlord as a result of Landlord’s actions in refusing to consent on a timely basis thereto (except as provided in Section 51.1 below).

  
 8.2 Tenant shall not use, or suffer or permit the use of the
Demised Premises or any part thereof: (A) which would violate any certificate of occupancy for the Demised Premises, or any of the covenants, agreements, terms, provisions and conditions of this Lease, or for any unlawful purposes or in any unlawful
manner, and (B) to be used in any manner, or anything to be done therein, or suffer or permit anything to be brought into or kept in the Demised Premises which shall in any way materially and adversely impair or interfere with the proper and
economic heating, cleaning, air conditioning or other servicing of the Demised Premises, or materially and adversely impair or interfere with the use of any of the other areas of the Landlord’s Premises. 
  
 8.3 If any governmental license or permit, including, without limitation, a
certificate of occupancy shall be required for the proper and lawful conduct of Tenant’s business or other activity carried on in the Demised Premises, Tenant, at Tenant’s expense, shall duly procure and thereafter maintain such license.
Tenant shall provide a copy thereof to Landlord. Tenant, at Tenant’s expense, shall, at all times, comply with the terms and conditions of each such license or permit. 
  
 8.4 Tenant shall not do, nor permit to be done, anything outside of the Permitted Use which will cause a cancellation or
non-renewal of any insurance policy covering said Demised Premises, or otherwise render the Demised Premises uninsurable. 
  
 8.5 Tenant shall not: (A) use or allow the Demised Premises to be used for any unlawful purpose, and (B) cause, maintain or permit any nuisance in, on or
about the Demised Premises. 
  
 8.6 Tenant shall not commit or
allow to be committed any waste in or upon the Demised Premises. 
  

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 8.7 Tenant shall: (a) not use the Demised Premises or permit anything to be done in or about the Demised
Premises, which will materially conflict with any applicable law, statute, ordinance or governmental rule or regulation now in force or which may hereafter be enacted or promulgated; and (b) at its sole cost and expense, promptly comply in all
material respects with all applicable laws, statutes, ordinances and regulations now in force or which may hereafter be in force and with the requirements of any board of fire underwriters or other similar bodies now or hereafter constituted
relating to or affecting the condition, use or occupancy of the Demised Premises. The final, unappealable judgment of any court of competent jurisdiction that Tenant has (or has not) violated any law, statute, ordinance or regulation, or amendment
thereto, or judicial decision, shall be conclusive of that fact as between the Landlord and Tenant. 
  
 8.8 Tenant’s North American Industry Classification Number is 541519 [Computer Disaster Recovery Services or Software Installation Services]. The
Tenant shall not use or permit the Demised Premises to be used as an Industrial Establishment as defined as of the date of this Lease by the Industrial Site Recovery Act, N.J.S.A. 13:1K-6 et seq., without Landlord’s prior written consent. No
bio-hazardous items shall be stored, used, generated or disposed of at the Demised Premises other than in compliance with applicable laws. 
  
 8.9 Tenant shall not do or permit anything to be done in or about the Demised Premises which will in any way obstruct or interfere with the rights of
other tenants or occupants of the Landlord’s Premises or injure or annoy them nor use or allow the Demised Premises to be used for any unlawful purpose; nor shall Tenant cause, maintain or permit any nuisance in, on or about the Demised
Premises. Without limiting the foregoing, during construction of the Tenant Improvements, the Tenant shall, and shall cause its contractors to cooperate reasonably with the Landlord and other tenants of the Landlord’s Premises to minimize
interference with the use and enjoyment of the Landlord’s Premises by the other tenants. 
  
 9. Alterations and Improvements: 
  
 9.1 Landlord understands that Tenant will be making substantial improvements to the interior of the Demised Premises including, but not limited to, partitions, dropped ceilings, conduit, raised flooring, electrical
systems, fire sprinkler systems, heating, ventilating and air-conditioning systems, and other improvements necessary or desirable to prepare the Demised Premises for Tenant’s initial occupancy thereof (the “Initial Tenant
Improvements”). The Initial Tenant Improvements shall consist of all improvements made to the Demised Premises up to and including the date on which Tenant obtains its final Certificate of Occupancy for the Demised Premises. The Initial Tenant
Improvements and all other improvements constructed or installed by or on behalf of Tenant throughout the Lease Term by Tenant, its contractors, and/or the Landlord or its affiliated companies shall be collectively referred to as the “Tenant
Improvements.” As of the Termination Date or such earlier date as Tenant’s right of possession is terminated under this Lease, the Tenant shall at its sole cost and expense remove all Tenant Improvements (except as otherwise provided
herein) and shall restore the Landlord’s Premises to the condition it was in prior to the installation of the Tenant Improvements, subject to ordinary wear and tear due to passage of time and normal use, and damage by casualty. If Landlord, at
the time Landlord consents to additions, improvements, 
  

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 alterations or installations, advises Tenant that such removal will not be required, then such Tenant Improvements to the
Demised Premises, except Tenant’s movable fixtures and furniture, shall become the property of Landlord and shall remain upon, and be surrendered with, said Demised Premises, as a part thereof, at the end of said term or renewal term, as the
case may be. Notwithstanding the foregoing, the parties agree that only that portion of the Initial Tenant Improvements consisting of the Private Communication Ductbank (as defined in Section 45.1 below), including (A) the conduits and the wiring
therein from the public right of way to the Demised Premises, and (B) the conduits and wiring therein running from the Demised Premises to the existing Private Communication Ductbank servicing the buildings located at 777 Central Boulevard and 760
Washington Avenue shall not be removed at the Termination Date and shall become the sole property of the Landlord from and after the Termination Date. 
  
 9.2 Tenant may not make structural alterations, additions or improvements to the Demised Premises (“Structural Alterations”) without the
consent of the Landlord, which consent shall not be unreasonably withheld, conditioned or delayed. Landlord will review and consent or object in writing to Tenant’s submission of Tenant’s plans for structural alterations within ten (10)
days of receipt thereof. Landlord’s failure to respond within ten (10) days shall operate as a refusal of consent. Landlord’s consent shall not be required for nonstructural alterations, additions or improvements to the Demised Premises
(“Nonstructural Alterations”); however, Tenant may at its option submit to Landlord Tenant’s plans and specifications for Nonstructural Alterations in order to determine whether Landlord upon termination of this Lease will require
Tenant to remove such Nonstructural Alterations. Tenant’s Structural Alterations and Nonstructural Alterations are sometimes hereinafter referred to as “Alterations”. In the event Landlord does not consent to the Tenant’s plans
for Structural Alterations, Landlord shall specifically inform Tenant of the reason for denial of such consent. Any work undertaken by Tenant shall be performed in compliance with all applicable codes and standards including, but not limited to, the
New Jersey Uniform Construction Code. 
  
 9.3 Tenant, at
Tenant’s sole cost and expense, shall prepare all necessary plans and specifications for the design and construction of the Initial Tenant Improvements. The Initial Tenant Improvements shall be built and completed substantially in accordance
with Tenant’s plans and specifications (the “Tenant Plans”). The Tenant Plans shall be subject to review and approval by Landlord, which approval Landlord shall not unreasonably delay or withhold or condition, and which shall be
deemed approved if Landlord has not responded to Tenant within ten (10) days after submission thereof by Tenant to Landlord. Any material changes by Tenant to the Tenant Plans, once approved by Landlord, shall likewise be subject to review and
approval by Landlord, which approval Landlord shall not unreasonably delay or withhold or condition, and which shall be deemed approved if Landlord has not responded to Tenant within ten (10) days after submission thereof by Tenant to Landlord. When
and if Tenant commences construction of the Tenant Improvements, the Tenant shall cause the construction to be completed within a commercially reasonable time period and in substantial compliance with the approved Tenant Plans. At all times, upon
reasonable prior notice, Landlord shall have the right to enter upon the Demised Premises to inspect the Demised Premises and the Tenant Improvements, for the purpose of determining that the construction of the Tenant Improvements is proceeding
substantially in accordance with the Tenant Plans, provided that such inspections shall not unreasonably interfere with or cause any delay of the activities of Tenant or its contractors. 
  

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 9.4 From and after the Commencement Date with respect to Unit D of the Demised Premises, Landlord shall
provide to Tenant the following monetary allowances for the installation of the Initial Tenant Improvements: 
  

						
	 9.4.1.
	  	Underground work for the sanitary sewer system	  	$	37,361
	 9.4.2.
	  	Underground work for the electrical grounding system:	  	$	14,815
	 9.4.3.
	  	Underground work for the electrical & interior telecom services as per cost breakdown annexed hereto as Exhibit 9.4.3:	  	$	95,978
	 9.4.4.
	  	One (1) concrete isolation pad for Tenant’s generators:	  	$	12,883
	 9.4.5.
	  	Roof pavers to service Tenant’s rooftop mechanical Equipment:	  	$	7,730
	 9.4.6.
	  	Steel dunnage required to support rooftop equipment:	  	$	161,038

  
 9.5 From and after
the Commencement Date with respect to Unit C of the Demised Premises, Landlord shall provide to Tenant the following monetary allowances for the installation of the Initial Tenant Improvements: 
  

						
	 9.5.1.
	  	Underground work for the sanitary sewer system:	  	$	14,839
	 9.5.2.
	  	Underground work for the electrical grounding system:	  	$	5,884
	 9.5.3.
	  	Underground work for the electrical & interior telecom services:	  	$	38,120
	 9.5.4.
	  	One (1) concrete isolation pad for Tenant’s generators:	  	$	5,117
	 9.5.5.
	  	Roof pavers to service Tenant’s rooftop mechanical mechanical equipment:	  	$	3,070
	 9.5.6
	  	Steel dunnage required to support rooftop equipment:	  	$	63,960

  
 9.6 Tenant
understands and agrees that the allowances set forth in Sections 9.4 and 9.5 of this Lease do not represent guarantees, representations or estimates of the total cost of the work for which allowances are granted. By way of example only, and not by
way of limitation, structural steel costs have substantially increased and may continue to increase, thereby indicating that the actual cost of all steel work will be substantially greater than the allowances. The Tenant covenants and agrees that it
will exclusively contract with Landlord’s Affiliate, Russo Development, LLC or its affiliated companies (collectively, “Russo Development, LLC”), for all work for which allowances are granted in Sections 9.4 and 9.5 of this Lease
(hereinafter, the “Allowance Improvements”). Russo Development, LLC shall install 
  

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 all Allowance Improvements on a time and materials basis with a markup for profit and overhead. When Russo Development,
LLC acts as both the General Contractor and the Subcontractor for the installation of the Allowance Improvements, it shall charge its actual construction costs plus a ten (10%) percent markup for profit and a ten (10%) percent markup for overhead.
If the work for the installation of the Allowance Improvements is subcontracted by Russo Development, LLC and it acts solely in the capacity as General Contractor, it shall charge the Tenant actual construction costs plus a five (5%) percent markup
for profit and a five (5%) percent markup for overhead. All costs for design work and permit fees relating to, and all other soft costs associated with, the Allowance Improvements shall be billed to Tenant without markup for profit or overhead.

  
 If the actual cost of the Allowance Improvements exceeds the
Tenant Allowances provided for in this Lease, the Tenant shall pay the excess cost, profit and overhead to Russo Development, LLC within thirty (30) days after completion of all of such Allowance Improvements for the particular Unit (Unit C or Unit
D) to which work has been performed and in the event of Tenant’s default in this obligation, Landlord shall have all of the same remedies afforded under this Lease in the case of a default in payment of Rent. Similarly, in the event that the
Tenant Allowances exceed the actual cost of the Allowance Improvements plus permitted profit and overhead charges by Russo Development, LLC, then the Landlord shall refund the balance due to the Tenant within thirty (30) days from completion of the
Allowance Improvements for the Unit in question (Unit C or Unit D). 
  
 9.7 In addition to the other provisions set forth in this Paragraph 9, Landlord and Tenant agree that: (i) each shall require all contractors retained by it to indemnify and hold harmless Landlord and Tenant to the maximum extent permitted
by law, to comply with all safety rules and regulations including, but not limited to OSHA regulations, and take all safety measures reasonably required to protect Landlord and Tenant and their respective agents, contractors and employees from
injury or damage caused by or resulting from the performance of the construction of the Initial Tenant Improvements; (ii) all construction contracts in connection with the Initial Tenant Improvements shall contain provisions that obligate the
contractors to: (a) carry public liability and property damage insurance with a combined single limit of not less than $5,000,000.00; and (b) carry workmen’s compensation insurance in compliance with New Jersey law. 
  
 9.8 The review and approval by Landlord of the plans and specifications for
the Tenant Improvements is solely for the benefit of Landlord, and, in reviewing and approving the same, Landlord assumes no liability for the design of the Tenant Improvements or the adequacy thereof, nor shall such review or approval by Landlord
release Tenant from any obligation or liability in respect thereof. 
  
 9.9 Upon Tenant’s request, from time to time, Landlord shall promptly submit to Tenant the current copies of any and all plans, specifications and/or working drawings relative to the Demised Premises which have not been previously
submitted to Tenant pursuant to other provisions of this Lease. Upon Landlord’s request, from time to time and in any event upon final completion of the Initial Tenant Improvements, Tenant shall promptly submit to Landlord then current copies
of any and all plans, specifications and/or working drawings 
  

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 relative to the Tenant Improvements which have not been previously submitted to Landlord pursuant to other provisions of
this Lease. Landlord will not impose any fee for review or approval of the plans for the Tenant Improvements. Landlord will not impose any fees for construction, supervision, or plan review unless Landlord is acting as the general contractor.

  
 9.10 Neither party shall, at any time prior to or during the
Term, directly or indirectly employ or permit the employment of, any contractor, mechanic or laborer in the Demised Premises if such employment would interfere or cause any conflict with other contractors, mechanics or laborers engaged in the
construction, maintenance or operation of the Demised Premises. In the event of such interference or conflict, each party, upon demand of the other, shall cause all contractors, mechanics or laborers causing such interference or conflict to leave
the Demised Premises immediately. 
  
 9.11 Tenant shall, in
connection with the construction and installation of the Initial Tenant Improvements, comply with all applicable laws, ordinances, rules and regulations and shall, with Landlord’s assistance as may be required, obtain all permits and approvals
required or necessary thereunder in order for Tenant to perform the Initial Tenant Improvements. 
  
 9.12 If, because of any acts or omission of Tenant or anyone claiming through or under Tenant, any mechanic’s or materialmen’s notice of
intention or mechanic’s or materialmen’s or other lien or order for the payment of money shall be filed against the Demised Premises, the Landlord’s Premises, or against Landlord (whether or not such lien or order is valid or
enforceable as such), Tenant shall, at Tenant’s own cost and expense, cause the same to be canceled and discharged of record or bonded off within forty-five (45) days after the date of filing thereof, and shall also indemnify and save harmless
Landlord from and against any and all costs, expenses, claims, losses or damages, including reasonable counsel fees, resulting therefrom or by reason thereof. If, because of any acts or omission of Landlord or anyone claiming through or under
Landlord, any mechanic’s or materialmen’s notice of intention or mechanic’s or materialmen’s or other lien or order for the payment of money shall be filed against the Demised Premises, the Landlord’s Premises, or against
Tenant (whether or not such lien or order is valid or enforceable as such), Landlord shall, at Landlord’s own cost and expense, cause the same to be canceled and discharged of record or bonded off within forty-five (45) days after the date of
filing thereof, and shall also indemnify and save harmless Tenant from and against any and all costs, expenses, claims, losses or damages, including reasonable counsel fees, resulting therefrom or by reason thereof. 
  
 10. Laws and Ordinances: 
  
 10.1 The Tenant shall promptly execute and materially comply with the
statutes, ordinances, rules, orders, regulations and requirements of the Federal, State and Municipal governments and of any and all their departments and bureaus applicable to the Demised Premises for the correction, prevention and abatement of
nuisances, violations or other grievances in, upon or connected with said Demised Premises during said term, arising from, incident to, or connected with the use and occupation of the Demised Premises by the Tenant. The Tenant shall also promptly
materially comply with and execute all rules, orders and 
  

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 regulations of the Board of Fire Underwriters for the prevention of fires, at its own cost and expense, arising from,
incident to or connected with the use and occupation of said premises by the Tenant. 
  
 10.2 The Landlord shall promptly execute and materially comply with the statutes, ordinances, rules, orders, regulations and requirements of the Federal, State and Municipal governments and of any and all their
departments and bureaus applicable to the Landlord’s Premises (exclusive of the Demised Premises after the Commencement Date), for the correction, prevention and abatement of nuisances, violations or other grievances in, upon or connected with
said Landlord’s Premises (exclusive of the Demised Premises after the Commencement Date), during said term. The Landlord shall also promptly comply with and execute all rules, orders and regulations of the Board of Fire Underwriters for the
prevention of fires, at its own cost and expense, arising from, incident to or connected with the use and occupation of Landlord’s Premises (exclusive of the Demised Premises). 
  
 10.3 Tenant shall, at Tenant’s own expense, materially comply with the Industrial Site Recovery Act, N.J.S.A. 13:1K-6
et seq. and with the Spill Compensation and Control Act (N.J.S.A. 58:10-23-11 et seq.) (“the Acts”) and all regulations promulgated pursuant to the Acts, but solely to the extent that the requirements of the Acts become applicable to the
Demised Premises as a result of Tenant’s acts or omissions thereat from and after the Commencement Date. Tenant shall, at Tenant’s own expense, provide all information within Tenant’s control requested by Landlord or the Bureau of
Industrial Site Evaluation for the preparation of submissions, declarations, reports and plans pursuant to the Acts. If the New Jersey Department of Environmental Protection (DEP) shall determine that a clean-up plan or Remedial Action Work plan
must be prepared and that a clean-up must be undertaken because of any spills or discharges of hazardous substances or wastes caused by Tenant or other parties under Tenant’s authority or control at the Demised Premises which occur during any
period when Tenant is or was an occupant, then Tenant’s obligations under the preceding sentence shall apply solely to the extent necessary to address the spills or discharges caused by Tenant or other parties under Tenant’s control and
shall not extend to any spills or discharges caused by others and Tenant shall, at Tenant’s own expense, prepare and submit the required plans and carry out the approved plans. Tenant shall indemnify, defend and save the Landlord harmless from
all fines, suits, procedures, claims and actions of any kind from third parties arising out of or in any way connected with any spills or discharges of hazardous substances or wastes to the extent caused by the Tenant or other parties under
Tenant’s authority or control at the Landlord’s Premises which occur during the term of Tenant’s occupancy. Tenant reserves the right to contest the applicability of the Acts to Tenant or any DEP determinations or requirements.

  
 10.4 Landlord shall, at Landlord’s own expense,
materially comply with the Acts and all regulations promulgated pursuant to the Acts to the extent that the requirements of the Acts become applicable to the Landlord’s Premises with respect to existing conditions prior to the Commencement Date
or otherwise resulting from Landlord’s acts or omissions from and after the Commencement Date thereat. Landlord shall, at Landlord’s own expense, provide all information within Landlord’s control requested by Tenant or the Bureau of
Industrial Site Evaluation for the preparation of submissions, declarations, reports and plans pursuant to the Acts. If the New Jersey Department of Environmental Protection (DEP) shall determine that a 
  

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 clean-up plan or Remedial Action Work plan be prepared and that a clean-up be undertaken because of any spills or
discharges of hazardous substances or wastes caused by the Landlord or other parties under Landlord’s authority or control at the Landlord’s Premises which occur during any period when Tenant was an occupant, then Landlord shall, at
Landlord’s own expense, prepare and submit the required plans and carry out the approved plans. Landlord shall indemnify, defend and save the Tenant harmless from all fines, suits, procedures, claims and actions of any kind arising out of or in
any way connected with any spills or discharges of hazardous substances or wastes solely to the extent such spill or discharge existed prior to the Commencement Date and/or were caused by the Landlord or other parties under Landlord’s authority
or control at the Landlord’s Premises which occur during the term of Tenant’s occupancy. Landlord reserves the right to contest the applicability of the Acts to Landlord or any DEP determinations or requirements. 
  
 10.5 The provisions of this Article 10 shall survive the termination or
earlier expiration of this Lease. 
  
 11. Insurance:

  
 11.1 During the construction of the Tenant Improvements (the
“Construction Phase”), in addition to the insurance coverage required to be maintained under Article 9.9 above, Tenant shall maintain builder’s risk insurance for the full replacement cost of the Tenant Improvements at Tenant’s
sole cost and expense. 
  
 11.2 At all times from and after the
Commencement Date, and during the full term, the Tenant shall maintain, at its sole cost and expense, general public liability insurance against claims for personal injury, death or property damage, under a policy of commercial general public
liability insurance, with such limits as may reasonably be requested by the Landlord from time to time, but not less than Five Million ($5,000,000.00) Dollars Combined Single Limit (“CSL”) in respect of bodily injury and property damage. A
combination of General Liability Coverage and Umbrella Liability Coverage is acceptable to comply with this limit. 
  
 11.3 At all times subsequent to the Commencement Date and during the full Lease Term, the Landlord as a common expense of all tenants of Landlord’s
Premises, shall carry for the benefit of Landlord and Tenant, property insurance, business interruption insurance for loss of rents, and flood insurance in an amount equal to the full replacement value of the Building, including the replacement
value of the Tenant Improvements, and not less than the requirements of any mortgagee holding a mortgage on the Premises. Tenant shall pay its proportionate share of the cost of said insurance covering the Landlord’s Premises and Improvements
excluding the Tenant Improvements and shall pay one hundred (100%) percent of the cost of the insurance covering the Tenant Improvements, payable in advance at the commencement of the insurance policy year. Allocation of the cost for Tenant
Improvements shall be based upon their replacement value as shall be accurately and reasonably stated by Tenant. Landlord, its Mortgagee and Tenant shall be named as insureds thereunder, as their respective interests may appear, and the Landlord and
its mortgagee shall be named loss payee, as their respective interests may appear. Tenant may elect to carry for the benefit of Landlord, 
  

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 its Mortgagee and Tenant any of the insurance coverages described in this paragraph applicable exclusively to the
Tenant’s personal property and trade fixtures within the Demised Premises, or to the Tenant’s rental, or to fixtures, furnishings, equipment, improvements and other property owned by the Tenant and located at or in or affixed to
Landlord’s Premises at its own cost and expense; provided that nothing herein shall be construed to limit the exclusive right of the Landlord to contract for the property insurance covering the Landlord’s Premises and the Building and
common area improvements and fixtures located thereon. Tenant shall provide Landlord with at least thirty (30) days’ advanced written notice of its request to carry its own insurance to afford time for Landlord to cancel duplicative coverages
so as to assure no lapse or gaps in such coverages. The Landlord and its mortgagee shall be named loss payee under any such policy, as their respective interests may appear, and all coverages shall comply with the requirements of Landlord’s
mortgagee. 
  
 11.4 The Landlord shall carry general public
liability insurance, in addition to Tenant’s general public liability insurance requirement as outlined in Article 11.1, naming Landlord as the insured and Tenant as additional insured. Tenant shall pay its proportionate share of the cost of
said insurance, in advance, at the commencement of the insurance policy year. If Tenant finds that the deductibles under such policies are not at commercially reasonable levels, Tenant may notify the Landlord, and if the parties are unable to agree
on a reasonable deductible, then subject to requirements of Landlord’s Mortgagee, the issue will be resolved by arbitration before a qualified insurance professional mutually selected by the parties. 
  
 11.5 All insurance required to be maintained by the Tenant shall be effected
by valid and enforceable policies issued by insurers with a Bests Rating of A-IX or better, which are authorized to do business in New Jersey. The Tenant may carry the insurance referred to in this Lease under any blanket policy of insurance or
policies issued by its present or future insurance carriers. If the Tenant elects to provide insurance as herein set forth under any blanket policy or blanket coverage, the Landlord will be provided with evidence of such insurance in the form of a
certificate of insurance or any other evidence of insurability from any insurance carrier and said certificate or certificates will provide that the Landlord will receive thirty (30) days notice prior to cancellation in the coverage. If the Tenant
elects to provide insurance as herein set forth under one or more individual policies of insurance, then either certificates of insurance or duplicate originals of such policies will be delivered to Landlord and same will provide that the Landlord
will receive thirty (30) days’ notice prior to cancellation in coverage. Proof of insurance coverage and payment for same (including the Certificates or duplicate original policies) shall be delivered to Landlord at the Commencement Date and as
to renewal policies shall be delivered to Landlord not less than fifteen (15) days prior to the effective date of the renewal coverage. All such policies shall be primary and non-contributing with any other insurance carried by Landlord. 

 
 All insurance required to be maintained by the Landlord shall be effected
by valid and enforceable policies issued by insurers with a Bests Rating of A-IX or better, which are authorized to do business in New Jersey. The Landlord may carry the insurance referred to in this Lease under any blanket policy of insurance or
policies issued by its present or future insurance carriers. If the Landlord elects to provide insurance as herein set forth under any 
  
  

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 blanket policy or blanket coverage, the Tenant will be provided with evidence of such insurance in the form of a
certificate of insurance or any other evidence of insurability from any insurance carrier and said certificate or certificates will provide that the Tenant will receive thirty (30) days notice prior to cancellation in the coverage. All such policies
shall be primary and non-contributing with any other insurance carried by Tenant. 
  
 11.6 All policies of insurance required to be maintained hereunder (whether by Landlord or Tenant) shall name the Tenant and the Landlord as the insured as their respective interests may appear. All such policies
shall contain an agreement by the insurers that such policies shall not be canceled without at least thirty (30) days prior written notice to the Landlord. 
  
 11.7 Upon the default of the Tenant in effecting any such insurance, or procuring or delivering the policies therefor as directed by the Landlord, or in
paying the premiums therefor and any and all charges incidental thereto when the same become payable, or in procuring and delivering to the Landlord renewals of expired policies at least fifteen (15) days before such expiration, the Landlord may,
upon not less than ten (10) days prior written notice to Tenant, procure any such insurance or insurances and/or pay the premiums and other charges incidental thereto, and any and all amounts so paid by the Landlord, together with interest thereon
from the date of such payment at lesser of twelve percent (12%) per annum or the highest rate permitted by law, shall be Additional Rent hereunder and, at the Landlord’s option, may be added to the rent then due or thereafter to become due and
the Landlord shall have the rights and remedies, including summary proceedings, with respect to the same as with respect to rent. 
  
 11.8 In the event Tenant’s use and occupancy of the Demised Premises causes any additional charge or increase in the insurance premiums on the Land
or Building, in excess of those rates which would normally be imposed for insuring a non-combustible building of similar construction, Tenant shall, from time to time, immediately upon receipt of notice from Landlord, do whatever is reasonably
deemed necessary, and follow whatever reasonable recommendations may be made by the Landlord, in order that such excess charge or increase in insurance premiums may be removed, or the lowered rate obtained; or, in the event conditions are such that
nothing can be done in Tenant’s discretion by way of improvements or otherwise to remove such increased insurance premiums, or if the expense involved is excessive, then Tenant shall pay the full amount of such additional charges or increases
in premium on demand as Additional Rent. 
  
 11.9 Anything in
this Article 11 or in this Lease to the contrary notwithstanding, each of Landlord and Tenant hereby waives any and all rights of recovery against the other, and against the officers, employees, agents, representatives, customers and business
visitors of such other party and of each such other tenant or occupant of Landlord’s Premises, for loss of or damage to such waiving party or its property or the property of others under its control, arising from any cause insured against under
any policy of insurance required to be carried by such waiving party pursuant to the provisions of this Lease (or any other policy of insurance carried by such waiving party in lieu thereof) at the time of such loss or damage. The foregoing waiver
shall be effective whether or not the waiving party actually obtains and 
  

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 maintains the insurance which such waiving party is required to obtain and maintain pursuant to this Lease (or any
substitute therefor). Landlord and Tenant shall, upon obtaining the policies of insurance which they are required to maintain hereunder, give notice to their respective insurance carrier or carriers that the foregoing mutual waiver of subrogation is
contained in this Lease. In addition, Tenant and Landlord shall obtain waivers of subrogation for the benefit of one another, from any company issuing any policy of insurance obtained by either of them pursuant to the terms of this Lease. Landlord
shall not be liable for injury, loss, expense, claim or damage to the person, property, or interests of Tenant covered by insurance, irrespective of whether any such damage is occasioned by the negligence or willful misconduct of Landlord, its
servants, agents or employees. Similarly, Tenant shall not be liable for injury, loss, expense, claim or damage to the person, property, or interests of Landlord covered by insurance, irrespective of whether any such damage is occasioned by the
negligence or willful misconduct of Tenant, its servants, agents or employees. 
  
 12. Landlord’s Liability: 
  
 12.1 Except as otherwise provided in this Lease, Landlord shall not be liable for any personal injury to any person, including the Tenant or to its officers, agents, employees, contractors or invitees or for any damage to any property of
any person, including the Tenant, whether from action of the elements, or acts of negligence of or occupants of adjacent properties, except if caused by or resulting from the Landlord’s willful malfeasance or negligent acts. 
  
 12.2 The term “Landlord” as used in this Lease shall be limited to
mean and include only the owner or owners at the time in question of the Landlord’s Premises and in the event of any transfer or transfers of the title to the Landlord’s Premises, the then grantor shall be automatically freed and relieved
from and after the date of such conveyance or transfer of all liability for the performance of any covenants or obligations on the part of Landlord contained in this Lease to be performed, provided that any funds then in the hands of such grantor,
in which Tenant has an interest, shall be delivered to the grantee and that such grantee assumes all obligations of grantor as the “Landlord” hereunder, including, without limitation, any liability for the performance of any covenants or
obligations on the part of Landlord contained in this Lease for the period prior to any such transfer of title. 
  
 12.3 Tenant agrees that it shall look solely to Landlord’s interest in the Landlord’s Premises (including all of Landlord’s rights to
insurance and condemnation proceeds and all Rent and income from Landlord’s Premises) and not to Landlord for the collection of any judgment (or other judicial process) against the Landlord or any predecessor Landlord in the event of any
default or breach by Landlord with respect to any of the terms, covenants and conditions of this Lease to be observed and/or performed by Landlord, and no other assets of Landlord or any predecessor Landlord shall be subject to levy, execution or
other procedures for the satisfaction of Tenant’s remedies. Tenant irrevocably waives and releases Landlord from any claims in excess of such interest in the Landlord’s Premises. 
  

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 13. Default of Landlord: 
  
 13.1 Landlord shall not be in default unless Landlord fails to perform obligations required of Landlord within a reasonable
time, but in no event later than thirty (30) days after written notice by Tenant to Landlord specifying wherein Landlord has failed to perform such obligation; provided, however, that if the nature of Landlord’s obligation is such that more
than thirty (30) days are required for performance, then Landlord shall not be in default if Landlord commences performance within such 30-day period and thereafter diligently prosecutes the same to completion. Except as otherwise specifically
provided for herein, in no event shall Tenant have the right to terminate this Lease as a result of Landlord’s default, and Tenant’s remedies shall be limited to damages and/or an injunction. Notwithstanding the foregoing, in emergency
circumstances where the failure to repair or replace would result in a Shut-Down Condition (defined at Section 5.2) and it is impracticable to give Notice to the Landlord and permit Landlord to carry out the repair pursuant to Section 5.2, then
Tenant shall have the right to perform Landlord’s obligations and be reimbursed for the reasonable cost thereof, if applicable, as a common expense or, otherwise at Landlord’s sole expense, so long as Tenant provides Landlord with notice
thereof promptly after performing such obligations. 
  
 14.
Event of Default by Tenant: 
  
 14.1 The following shall
constitute an “Event of Default” by the Tenant hereunder: 
  
 (a) If Tenant shall be late in the payment of any installment of Fixed Rent and if such breach shall continue for ten (10) days; provided that once in each twelve (12) month period Landlord shall provide a written notice of late payment to
Tenant and a ten (10) day period to cure the nonpayment before declaring an Event of Default or assessing a late charge under Section 2.4. 
  
 (b) If Tenant shall be late in the payment of any Supplemental or Additional Rent, and if such breach shall continue for thirty (30) days after Landlord
shall have sent Tenant a written invoice for the amount due. 
  
 (c) If, during the term of this Lease: (i) Tenant shall make an assignment for the benefit of creditors, or (ii) a voluntary petition be filed by Tenant under any law having for its purpose the adjudication of Tenant a bankrupt, or the
extension of time for payment, composition, adjustment, modification, settlement or satisfaction of the liabilities of Tenant or the reorganization or liquidation of Tenant, or (iii) a receiver be appointed for the property of Tenant by reason of
the insolvency or alleged insolvency of Tenant, or if (iv) any department of the state or federal government or any officer thereof or duly authorized Trustee or Receiver shall take possession of the business or property of the Tenant, or if (v) an
involuntary petition be filed against Tenant under any law having for its purpose the adjudication of Tenant as a bankrupt, or for the liquidation of Tenant; and (except with respect to items (a) and (b), supra, which shall be noncurable
events of default) if same have not been removed, cured or discharged within ninety (90) days, or if (vi) any Receiver or Trustee pursuant to any bankruptcy or insolvency law, whether Federal or State, shall attempt to thereafter assign this Lease
to any part or attempt to sublet all or any part of the Demised Premises. 
  

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 (d) If Tenant shall default in the performance or observation of any other agreement or condition (other
than payment of rent or Additional Rent) on its part to be performed or observed, and if Tenant shall fail to cure said default within thirty (30) days after notice of said default by Landlord (or, in the case of a default not susceptible of a cure
within thirty (30) days, if Tenant shall fail to commence a cure within thirty (30) days and diligently complete such cure within a reasonable time under the circumstances. 
  
 14.2 During the period of an uncured Event of Default: 
  
 (a) Landlord may (i) permit Tenant to remain in possession and sue for all rents, damages, attorneys’ fees and
collection costs as due; or (ii) terminate this Lease by written declaration, but allow Tenant to remain in possession as Tenant at will and sue Tenant for all rents, damages, attorneys’ fees and collection costs; or (iii) immediately, or at
any time thereafter, through legal process, re-enter and resume possession of the Demised Premises and remove all persons and property therefrom either by summary dispossess proceedings or by a suitable action or proceeding at law or in equity (or
in the case of a permanent abandonment of the Demised Premises by Tenant by peaceful self-help), without being liable for any damages therefor (no re-entry by the Landlord shall be deemed an acceptance of a surrender of this Lease unless accompanied
by a written declaration signed by Landlord to that effect); or (iv) upon re-taking possession, keep the premises vacant (subject to reasonable efforts at mitigation of Landlord’s damages) and recover from Tenant all rents, damages, reasonable
attorneys fees and collection costs as hereinafter provided; (v) without liability to Tenant or any other party and without constituting a constructive or actual eviction, Landlord may suspend or discontinue furnishing or rendering to Tenant any
property, material, labor, or other service (other than utilities), wherever Landlord is obligated to furnish or render the same, so long as an Event of Default has occurred and is continuing under this Lease; or (vi) upon re-taking possession
Landlord may, as Tenant’s agent and without effecting Tenant’s liability hereunder, relet the whole or any part of the Demised Premises for a period equal to, or greater, or less than the remainder of the then term of this Lease, at such
rental and upon such terms and concessions as Landlord shall deem reasonable, to any lessee or lessees which it may deem suitable and satisfactory for any use and purpose which it may deem appropriate. In no event shall the Landlord be liable in any
respect for failure to relet the Demised Premises or in the event of such reletting, for failure to collect the rent thereunder provided that Landlord has complied with its mitigation obligations as aforesaid. Any sums received by the Landlord on a
reletting for any monthly installment of rent in excess of the rent reserved in this Lease shall belong to Landlord; 
  
 (b) Delinquent Fixed Rent and Additional Rent shall bear interest at the lower rate of either twelve percent (12%) per annum or the maximum rate
permitted by law, from the date on which it is due until the date on which it is paid. This provision shall not relieve Tenant from any payment of Fixed Rent, late charges or Additional Rent at the time due and in the manner specified herein.

  

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 (c) Tenant hereby expressly waives the service of notice of intention to re-enter as provided for in any
statute and also waives any and all rights or equity of redemption in case the Tenant shall be dispossessed by a Court. The terms “enter,” and “re-enter,” “entry,” or “re-entry,” as used in this Lease, are not
restricted to their technical legal meaning. 
  
 (d) the
termination of this Lease shall not in any circumstance operate to relieve the Tenant from liability for performance of all of its obligations hereunder. Upon any such termination of this Lease, Tenant covenants that it will quit and surrender the
premises and deliver possession thereof to Landlord. 
  
 14.3 No
waiver by the Landlord of any Event of Default by Tenant shall constitute or be construed as a waiver of any other or future Event of Default. No waiver by the Tenant of any default or breach by the Landlord shall constitute or be construed as a
waiver of any other or future default or breach. No waiver by either party shall be effective unless in writing. 
  
 14.4 The acceptance by Landlord of rent or other charges from Tenant (in whole or in part) after any Event of Default, even though known to Landlord,
shall not constitute a waiver of the default/breach, unless the Event of Default is cured in full. The acceptance by Landlord of rent or other charges from Tenant (in whole or in part) shall not be deemed an accord and satisfaction in respect of any
claims of Landlord against Tenant, notwithstanding the payment check or accompanying letter may bear a legend or endorsement to the contrary. The acceptance of payment as above shall not affect any notice of default or any action or proceedings or
judgment or order taken in consequence of the default. 
  
 14.5
In the event of (a) the termination of this Lease under the provisions of Article 14 hereof, (b) the re-entry into the Demised Premises by Landlord under the provisions of this Article 24, or (c) the termination of this Lease (or re-entry) by or
under any summary dispossess or other proceeding or action or any provision of law by reason of default hereunder on the part of Tenant, Landlord shall be entitled to retain all moneys, if any, paid by Tenant to Landlord, whether as advance rent,
security or otherwise, but such moneys shall be credited by Landlord against any rent due from Tenant at the time of such termination or re-reentry, or at Landlord’s option, against any damages payable by Tenant under this Lease or pursuant to
law. 
  
 14.6 In the event of any termination of this Lease under
the provisions of Article 14 or in the event that Landlord shall re-enter the premises lawfully or in the event of the termination of this Lease (or of re-entry) by or under any summary dispossess or other proceeding or action or any provision of
law, Tenant will pay to Landlord as damages, at the sole election of Landlord, either: 
  
 (a) a sum which at the time of such termination of this Lease or at the time of any such re-entry by Landlord, as the case may be, is equal to the excess, if any, between: (i) the aggregate of all rent which would
have been payable hereunder by Tenant had this Lease not so terminated for the period commencing with such earlier termination of this 
  

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 Lease or the date of any such re-entry, as the case may be, and ending with the date set for the expiration of the full
term hereby granted, over (ii) the aggregate of all rent of the Demised Premises for the same period based upon the then local market rental value of the Demised Premises as determined by taking into account any market concessions such as tenant
improvements, free rent, construction allowances, rent abatement, moving allowances and other rental concessions, financial strength of the tenant, location in the building, and comparable renewal leases (on the bases of factors such as, but not
limited to, size and location of space and the term of the lease), if any, recently executed for space in other buildings in the Bergen County, New Jersey, which are comparable to the Building in reputation, quality, age, size, location and quality
of services provided (the foregoing factors not being exclusive in identifying comparable buildings). Landlord shall also be entitled to recover the reasonable value of restoring the Demised Premises and reletting same (including brokers
commissions) as an element of damage, discounted to present value at the prime rate of interest announced as of the Event of Default in The Wall Street Journal; or 
  
 (b) sums equal to the aggregate of all rent which would have been payable by Tenant had this Lease not so terminated, or
had Landlord not so re-entered the Demised Premises, payable on a monthly basis on the due dates specified for payment of Fixed Rent under this Lease following such termination of such re-entry and until the date hereinbefore set for the expiration
of the full term hereby granted; provided, however, that if Landlord shall re-let all or part of the Demised Premises for all or any part of said period, Landlord shall credit Tenant with the net rents received by Landlord from such re-letting, such
net rents to be determined by first deducting from the gross rents as and when received by Landlord all reasonable attorneys’ fees and costs incurred in terminating this Lease and re-entering the Demised Premises and of securing possession
thereof, as well as the reasonable expenses of re-letting, including altering and preparing the Landlord’s Premises (including the Demised Premises) for new tenants, brokers’ commissions and all other similar or dissimilar expenses
properly chargeable against the Demised Premises and the rental therefrom in connection with such re-letting, it being understood that any such re-letting may be for a period equal to or shorter or longer than the remaining term of this Lease;
provided, further, that (i) in no event shall Tenant be entitled to receive any excess of such net rents over the sums payable by Tenant to Landlord hereunder, (ii) in no event shall Tenant be entitled in any suit for the collection of damages
pursuant to this subsection (b) to a credit in respect of any net rents from a re-letting except to the extent that such net rents are actually received by Landlord prior to the commencement of such suit, and (iii) if the premises or any part
thereof should be re-let in combination with other space, then proper apportionment on a square foot area basis shall be made of the rent received from such re-letting and of the expenses of re-letting. Suit or suits for the recovery of such
damages, or any installments thereof, may be brought by Landlord from time to time at its election, and nothing contained herein shall be deemed to require Landlord to postpone suit until the date when the term of this Lease would have expired if it
had not been terminated under the provisions of Article 14, or under any provision of law, or had Landlord not re-entered the premises. 
  
 Nothing herein contained shall be construed as limiting or precluding the recovery by Landlord against Tenant of any sums or damages to which, in
addition to the damages particularly provided above, Landlord may lawfully be entitled by reason of any default hereunder on the part of Tenant. 
  

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 14.7 Anything herein to the contrary notwithstanding, upon an Event of Default hereunder, or in the
event of a breach or threatened breach on the part of Tenant or Landlord with respect to any of the covenants, agreements, terms, provisions or conditions on the part of or on behalf of such party to be kept, observed or performed, both parties
shall also have the right of specific performance and/or injunction. The specified remedies to which either party may resort hereunder are cumulative and are not intended to be exclusive of any other remedies or means of redress to which either may
lawfully be entitled at any time, and either party may invoke any remedy allowed at law or in equity as if specific remedies were not herein provided for, so long as such remedies have not been waived by the terms of this Lease. 
  
 15. Access to Premises: 
  
 15.1 Landlord and its representatives may enter the Demised Premises during
normal business hours upon not less than forty-eight (48) hours prior notice (except in case of emergency, when no prior notice shall be required) for the purpose of inspecting the same and, if Landlord so elects, but without any obligation so to
do, for the purpose of making any necessary repairs to the Demised Premises and performing any work therein. Landlord will exercise its rights hereunder in a commercially reasonable manner so as to minimize interference with Tenant’s business
operations, but nothing herein shall require the Landlord to schedule all work during non-business hours and to thereby incur overtime or similar extra charges. Landlord shall be prohibited from entering any secured or protected areas within the
Demised Premises without the prior written consent of Tenant. 
  
 15.2 Landlord may enter and exhibit the Demised Premises during usual business hours upon not less than forty-eight (48) hours prior notice for Landlord’s purposes, including but not limited to, inspecting the Demised Premises or
showing the Demised Premises to prospective mortgagees, purchasers, lessees or brokers. During the final twelve (12) months of the term, Landlord may also display the usual “To Let” or similar signs on the portions of the Land (but
excluding the Demised Premises). 
  
 15.3 Notwithstanding the
foregoing in this Article 15, Tenant may designate certain portions of the Demised Premises, including but not limited Tenant’s computer and data rooms, as “Protected Areas.” Landlord recognizes that the Protected Areas are to be
secured areas and Landlord shall have no access thereto without being accompanied by a designated representative of Tenant. 
  
 15.4 Tenant shall have access to the Demised Premises 24 hours a day, 7 days a week, 365/366 days a year. 
  
 16. Hold Harmless: 
  
 16.1 Subject to the provisions of Section 11.9 above, Tenant shall keep,
save and hold Landlord harmless and free from all liability, penalties, losses, damages, costs, 
  

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 expenses, causes of action, claims and/or judgments to third parties arising by reason of any injury or damage to any
person or persons, or property, of any kind whatsoever, and to whomsoever belonging, from any cause or causes whatsoever and whether arising from or by reason of any existing or future condition, default, matter, or thing in or about the Demised
Premises, from and after the Commencement Date, including, without limitation, damage from water and/or steam seepage or leakage in or into the Landlord’s Premises, except if caused by Landlord’s negligent or intentional acts or omissions.

  
 16.2 Tenant hereby waives all claims against Landlord for
damages to goods, equipment, improvements, wares, and merchandise in, upon or about the Demised Premises, the Building, the Land and any common areas and for injuries to Tenant, its agents or third persons in or about the Demised Premises, the
Building, the Land and any common area from any cause arising at any time, except if caused by Landlord’s negligent or intentional acts or omissions. 
  
 16.3 Subject to the provisions of Section 11.9 above, Tenant agrees that if Landlord is involuntarily made a party defendant to any litigation concerning
this Lease or the Demised Premises relating to any alleged act or omission of Tenant, then Tenant shall indemnify, hold harmless and defend Landlord from all liability, and reasonable costs and expenses by reason thereof. Similarly, Landlord agrees
that if Tenant is involuntarily made a party defendant to any litigation concerning this Lease or the Landlord’s Premises relating to any alleged act or omission of Landlord, then Landlord shall indemnify, hold harmless and defend Tenant from
all liability, and reasonable costs and expenses by reason thereof. 
  
 16.4 Anything in this Article 16 to the contrary notwithstanding, the foregoing indemnifications in this Article 16 shall in NO EVENT apply to any environmental matters. Any Tenant indemnification with respect to environmental matters is
set forth in Section 10.3 above, and any Landlord indemnification with respect to environmental matters is set forth in Section 10.4 above. 
  
 17. Assignment or Sublease: 
  
 17.1 Tenant shall neither voluntarily, nor by operation of law, assign, transfer, mortgage, pledge, hypothecate or encumber this Lease or any interest
therein, and shall not sublet the said Demised Premises or any part thereof, or any right or privilege appurtenant thereto, or allow any other person (the employees, agents, servants and invitees of Tenant excepted) to occupy or use the said Demised
Premises, or any portion thereof, without first obtaining the written consent of Landlord. A consent to one assignment, subletting, occupation or use by any other person shall not be deemed to be a consent to any subsequent assignment, subletting,
occupation or use by another person. Consent to any such assignment or subletting shall in no way relieve Tenant of any liability under this Lease. Any such assignment or subletting without such consent shall be void, and shall, at the option of the
Landlord, constitute a default under the terms of this Lease. Landlord shall not be obligated to consider and respond to any request for consent under this paragraph unless such request is in writing, contains a full explanation of the proposal and
provides sufficient information about the financial standing and experience of the proposed assignee or subtenant for Landlord to make an informed judgment. 
  

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 Tenant acknowledges that its sole remedy with respect to any assertion that Landlord’s failure to timely consent to
any assignment or sublet is unreasonable shall be the remedy of specific performance and Tenant shall have no damage claim or further claim of any nature or cause of action against Landlord as a result of Landlord’s actions in refusing to
timely consent, except a claim for legal fees and costs as provided in Section 51.1 below. In the event of any approved assignment or sublease, all rents or other payments received by Tenant in excess of the payments due from Tenant to Landlord
pursuant to this Lease may be retained by Tenant. On demand, any assignee or subtenant shall make payments directly to Landlord without, however, creating a direct Landlord-Tenant relation between them or releasing Tenant under this Lease. Landlord
shall not unreasonably withhold or delay consent to an assignment or sublease, providing that Landlord determines in its reasonable discretion that such sublease or assignment does not lessen Landlord’s security, that the use of the Demised
Premises will remain as the Permitted Use; that the proposed assignee or sublessee is financially responsible and is sufficiently experienced to operate the business from the Demised Premises successfully and in a manner which shall not detract from
the value of the Demised Premises, that the proposed transaction does not present any environmental concerns. 
  
 17.2 Notwithstanding the foregoing in Section 17.1, no Landlord consent shall be required: (a) for subleases or assignments to affiliates or subsidiaries
of the Tenant, provided that Tenant shall provide Landlord with thirty (30) days advanced notice with sufficient information to confirm that: (i) there shall be no change in the permitted use of the Demised Premises, (ii) Tenant shall remain liable
jointly and severally with the assignee/subleasee for payment and performance of all Tenant obligations under this Lease, (iii) the proposed assignment/sublease shall not impair Landlord’s security, and (iv) the proposed assignee or subtenant
shall not introduce any new Hazardous Substances onto Landlord’s Premises in violation of applicable laws which is inconsistent with the existing operations of Tenant at the Landlord’s Premises; (b) for any assignment to any successor to
Tenant by purchase, merger, consolidation or reorganization; and (c) if Tenant becomes a publicly traded entity on a United States stock exchange. 
  
 18. Condemnation: 
  
 18.1 This Lease and the term hereof shall terminate: (a) if the entire Demised Premises shall be taken by condemnation, or (b) at the option of Tenant
(exercisable by notice given to Landlord within thirty (30) days after the date of any such taking), if a material part of the Demised Premises shall be taken in any condemnation proceeding(s); or (c) at the option of Landlord (exercisable by notice
given to the Tenant within thirty (30) days after the date of taking) if more than fifteen percent (15%) of the Demised Premises or the Building or the Land shall be taken by condemnation. A taking of a “material part” of the Demised
Premises shall mean the condemnation of so much of the Demised Premises (including any exclusive parking) as shall materially and adversely interfere with Tenant’s operations in the Demised Premises; provided, however, that in the event of any
taking of any exclusive parking, the Landlord shall use its best efforts to provide alternative parking of an equal or greater size within the “Industrial Park” in which the Building and the building at 777 Central Boulevard, Carlstadt,
New Jersey currently occupied by Tenant, are located in which case this Lease shall remain in full force and effect as to such remaining portion. 
  

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 18.2 Upon the termination of this Lease in accordance with this Article, rents shall be adjusted as of
such termination. The entire condemnation award shall be the sole and exclusive property of Landlord and shall be payable solely to Landlord except any allocations or awards for Tenant’s trade fixtures and moving expenses. Tenant shall not make
any claim in any condemnation proceeding for the value of the unexpired portion of the Lease or the term hereof, and waives all right thereto. 
  
 18.3 In the event that any portion of the Demised Premises is taken in condemnation and if this Lease is not terminated, then this Lease shall remain in
full force and effect as to such remaining portion, except that from and after the effective date of any such taking, Tenant shall be entitled to a proportionate reduction in the Fixed and Additional Rent required to be paid hereunder in accordance
with any reduction in square foot area of the Demised Premises caused by such taking. In the event that any portion of Tenant’s exclusive parking is taken in condemnation and if this Lease is not terminated, then this Lease shall remain in full
force and effect as to such remaining portion. 
  
 Landlord shall
promptly restore the portion of the Demised Premises remaining after such taking to a complete architectural unit. Any restoration by Landlord shall be limited to the basic building structure as demised by Landlord to Tenant as of the Commencement
Date, and Tenant shall have such reasonable time thereof to restore the interior of the Demised Premises to an operational condition with an accompanying abatement of rent during such time. Landlord shall have the right to install, maintain and
alter or relocate within the Demised Premises any gas, water, electric or sewer lines which may be necessary provided that Tenant’s facilities are not materially or adversely affected. 
  
 18.4 In the event this Lease is not terminated as aforesaid and Landlord
does not restore the Demised Premises within a period of ninety (90) business days after the date of taking, then and in that event, Tenant may, as its sole remedy, have the right to terminate this Lease by notice in writing delivered to Landlord
prior to completion of such restoration. 
  
 19. Fire or
Casualty Loss: 
  
 19.1 If all or part of the
Landlord’s Premises is damaged or destroyed by fire or other casualty, this Lease and all of its terms, covenants and conditions shall, subject to the provisions hereinafter set forth, continue in full force and effect, as follows: 

 
 A. In the event that the damage to the Demised Premises is so extensive
as to amount practically to the total destruction of the Demised Premises and Landlord within a reasonable time after such damage shall not elect to rebuild, then and in that event, this Lease shall cease and the rent shall be apportioned to the
time of the destruction. For the purposes of this paragraph, damage to fifteen percent (15%) or more of the Demised Premises shall be deemed total destruction. 
  

B. In the event that the Demised Premises is damaged, but not so destroyed (as set forth in Paragraph A immediately above) as to terminate the Lease,
or 
  
  

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 Landlord elects to rebuild as provided for in Paragraph A above, then, provided that such loss is sufficiently insured
and that all of the proceeds of said insurance coverage are made available to the Landlord by any mortgagee whose interest may be superior to the Landlord; and further provided that the term of this Lease shall have at least two (2) years to run,
and that applicable laws shall permit, then, and in those events, the Landlord shall repair and rebuild the Demised Premises with reasonable diligence. Notwithstanding the foregoing: (i) in the event there is less than two (2) years of the Lease
Term remaining, or (ii) in the event Landlord’s mortgagee should require that the insurance proceeds payable as a result of a casualty be applied to the payment of the mortgage debt and Landlord does not promptly commit to restore with
Landlord’s funds, or (iii) in the event of any material uninsured loss to the Building and Landlord does not promptly commit to restore with Landlord’s funds, or (iv) if the written estimate states that the Demised Premises cannot be
restored to substantially the condition that existed prior to the casualty within one hundred eighty (180) days of the casualty, then either Landlord or Tenant may, at their option, terminate this Lease by notifying the other party in writing of
such termination within ninety (90) days after the date of such casualty. Within sixty (60) days of such casualty, Landlord shall notify Tenant whether the Demised Premises cannot be restored to the condition that existed prior to the casualty
within one hundred eighty (180) days of the casualty. 
  
 19.2 To
the extent that the loss or destruction of the Demised Premises substantially interferes with all or a portion of Tenant’s operations at the Demised Premises, thus requiring the Tenant temporarily to close its business or reduce its workforce,
the Fixed Rent shall be abated (or proportionately abated with respect to a partial closure) from the date of such closing to the date the damage shall have been substantially repaired so as to enable the Tenant to continue its business in
substantially the same fashion as was previously operating prior to the date of such loss or destruction. 
  
 19.3 Tenant acknowledges and agrees that Landlord will not carry insurance of any kind on Tenant’s fixtures, furniture, and equipment, or on any
Tenant Improvements or other appurtenances removable by Tenant under the provisions of this Lease, and that Landlord shall not be obligated to repair any damage thereto or replace the same. However, if Landlord does place such coverages on
Tenant’s owned property as provided in Section 11.3, all proceeds applicable to Tenant’s owned property shall be promptly transmitted to Tenant upon receipt by the Landlord, and Landlord will use its best efforts, in coordination with
Tenant, to make the appropriate claims and recover insurance proceeds due under the applicable coverage. 
  
 20. Estoppel Certificate: 
  
 20.1 Upon request from the either party and/or its successor in interest, either party hereto, and/or its successors in interest, shall at any time and
from time to time upon not less than twenty (20) days prior written notice, execute, acknowledge and deliver a statement in writing: (a) certifying that this Lease is unmodified and in full force and effect (or, if modified, stating the nature of
such modification and certifying that this Lease as so modified is in full force and effect), and the date to which the rental and other charges are paid in advance, if any, and (b) acknowledging that there are not, to such party’s knowledge,
any uncured defaults on the part of either party hereunder, or specifying such defaults if any are claimed, and (c) 
  

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 setting forth the date of commencement of rents and expiration of the term hereof. Any such statement may be relied upon
by the prospective purchaser or encumbrancer of all or any portion of the real property of which the Landlord’s Premises are a part, or other interested party. 
  
 21. Signage 
  
 21.1 Under no circumstances shall Tenant place or erect, or allow to be placed, or erected, a sign of any nature whatsoever upon any exterior portion of
the Building. Ground signs which are similar to existing ground signs will be permitted subject to prior written approval from Landlord in connection with any proposed sign, its location, and its manner of installation. Landlord may remove any signs
installed by Tenant which are in violation of the provisions of this Article. In no event shall any permitted sign be installed on the roof or above the parapet height of the Landlord’s Premises or of the Building. Any sign which Tenant may be
permitted to install on the Landlord’s Premises shall nonetheless conform to any and all requirements of any governmental body of any nature whatsoever having jurisdiction thereover, notwithstanding Tenant’s having obtained written consent
from Landlord therefor. Tenant shall have the right, as the need may occur, to apply for any sign variances, at its sole cost and expense, provided the Landlord shall have first approved the proposed sign. Landlord’s consent to signs shall not
be unreasonably withheld, and Landlord agrees to reasonably cooperate with Tenant to facilitate Tenant in obtaining any applicable municipal approvals therefor. 
  

21.2 Notwithstanding the foregoing in Article 21.2 above, the Tenant shall have the right to erect and maintain one (1) or more pylon or similar signs
on the Landlord’s Premises, provided same complies with all regulations of applicable governmental agencies having jurisdiction thereof, and provided the installation has received prior written approval of the Landlord, which approval shall not
be unreasonably withheld or delayed or conditioned. All signs shall be the property of Tenant and shall be removed by the Tenant at the termination of this Lease without damage to the Landlord’s Premises and Building. 
  
 22. Brokerage Commission: 
  
 22.1 Landlord and Tenant each warrant and represent one to another that
neither has dealt with, employed or negotiated with any real estate broker, salesman, agent or finder in connection with this Lease Agreement except Studley, Inc. (“Broker”). Landlord agrees to pay the commission due to the Broker pursuant
to a separate agreement. Landlord shall indemnify, hold harmless and defend Tenant, and Tenant shall indemnify, hold harmless and defend Landlord, from and against any claim or claims for broker or other commission arising from or out of any breach
of the foregoing representation and warranty by the respective indemnitors. The representations and obligations contained in this paragraph shall survive the expiration or termination of this Lease. 
  
 23. Unavoidable Delays: 
  
 23.1 Except as otherwise provided for in Article 5.2 above, in the event
that Landlord or Tenant shall be delayed or prevented from performing any of its obligations pursuant to the provisions of this Lease Agreement due to governmental action, or lack thereof, 
  

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 or due to shortages of or unavailability of materials and/or supplies, labor disputes, strikes, slow downs, job actions,
picketing, secondary boycotts, fire or other casualty, delays in transportation, acts of God, failure to comply or inability to comply with any orders or requests of any governmental agencies or authorities, acts of declared or undeclared war,
public disorder, riot or civil commotion, or by any other cause beyond the reasonable control of such party (each, a “Force Majeure Event”), then such party shall in any or all such events be excused from its obligation to perform and
comply with such provisions of this Lease Agreement for a period of time commensurate with any delay so caused without any liability to the other party therefor whatsoever and all time periods provided for herein for performance of any such
obligations shall be extended accordingly. Notwithstanding the foregoing, a Force Majeure Event shall not delay or excuse Tenant’s obligations to pay Fixed Rent or Additional Rent. 
  
 24. Subordination: 
  
 24.1 Tenant covenants that its rights under this Lease Agreement are hereby and will be subordinate to the operation and effect of any mortgage or
mortgages now existing or hereafter placed upon the premises or building or lot without any further written document from Tenant. However, Tenant shall, upon request by Landlord, execute such documents as may be required to effect such subordination
to the satisfaction of any such mortgagee. 
  
 24.2 Tenant agrees
to comply with reasonable requirements for modifications hereof made by any reputable bona fide mortgage lending institution provided that such requirements shall not affect the basic business terms hereof. 
  
 24.3 Tenant shall, upon request of Landlord, furnish to Landlord at any time
during the term, the most recent financial statement(s) of Tenant for a period of up to two (2) years last past. If certified statements certified by a certified public accountant have been prepared, then certified statements will be provided by
Tenant. Landlord agrees to keep the financial statement(s) confidential and shall not distribute such financial information to any party other than Landlord’s agents, employees, attorneys, accountants and lender to the extent that such parties
require such information and such parties shall be informed of the confidential nature of such information. 
  
 24.4 Tenant covenants and agrees to attorn to any successor to Landlord’s interest in this Lease. 
  
 24.5 Landlord agrees to obtain a non-disturbance agreement from existing and
future mortgagees in whatever standard form is utilized by such mortgagees for the benefit of Tenant, and to deliver same to Tenant within a reasonable time after execution of this Lease. Landlord hereby agrees to cooperate with Tenant and to use
best efforts to obtain from any existing and future mortgagees on behalf of Tenant reasonable changes sought by Tenant to the standardized form of non-disturbance agreement utilized by such mortgagees. Anything in this Lease to the contrary
notwithstanding, this Lease shall be subordinate to any such existing and future mortgages only during the period that a non-disturbance agreement remains in full force and effect, and otherwise shall be superior to such instruments. 
  

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 25. SECURITY DEPOSIT 
  
 25.1 No later than June 1, 2005 (TIME BEING EXPRESSLY DECLARED TO BE OF THE ESSENCE) the Tenant shall deposit with the
Landlord an irrevocable letter of credit to secure Tenant’s obligations under the Lease in the form annexed hereto as Schedule “G” in the amount of Two Million and 00/100 Dollars ($2,000,000.00) [Four Million and 00/100
($4,000,000.00) Dollars if Tenant leases Unit B] issued by an institutional lender reasonably acceptable to Landlord, which shall reduce automatically to One Million and 00/100 Dollars ($1,000,000.00) [Two Million and 00/100 Dollars ($2,000,000.00)
if Tenant leases Unit B] on September 1, 2011, and which shall be an “evergreen letter of credit” and shall remain in full force and effect through the thirtieth (30th) calendar day after expiration of the Term to serve as security (the
“Security Deposit”) for the full and timely performance by the Tenant of all of the covenants and conditions (including, without limitation, all monetary and non-monetary obligations) on the part of the Tenant to be performed. The Letter
of Credit constituting the Security Deposit shall be maintained in full force and effect, without interruption, throughout the Term of the Lease, subject, however, to the provisions of Section 25.2, below. 
  
 25.2 Notwithstanding the provisions of Section 25.1, above, the Tenant shall
not be required to post or deliver the Security Deposit providing, on condition, and only so long as the Tenant meets all of the following requirements determined annually as of April 1 of each calendar year during the Term: (a) Tenant shall possess
a minimum net worth of One Billion and 00/100 Dollars ($1,000,000,000.00) utilizing Generally Accepted Accounting Principles in the United States (“GAAP”) as set forth in Tenant’s annual 10K Reports filed with the United States
Securities and Exchange Commission (or such other evidence supporting such valuation prior to the time of Tenant’s first filing of its 10K Report including audited financial statements or other evidence acceptable to Landlord in its sole
discretion); (b) Tenant shall remain as a publicly traded entity on a United States Stock Exchange; and (c) Tenant shall maintain an Issuer Credit Rating or Corporate Credit Rating of either (i) at least BBB by Standard and Poor’s or (ii) at
least Baa2 by Moody’s. If neither Standard and Poor’s nor Moody’s has established a credit rating for the Tenant on or before June 1, 2005, and providing that the Tenant satisfies the other criteria ( net worth of at least
$1,000,000,000.00 and a publicly traded entity) as set forth above, then no Letter of Credit will be required until the sooner of (y) September 1, 2005, or (z) such earlier date when Issuer Credit Ratings have been issued by both Standard and
Poor’s and Moody’s, neither of which satisfies the foregoing criteria; and if either of the Issuer Credit Ratings satisfy the foregoing criteria and the other criteria of net worth and existence as a publicly traded entity are satisfied,
then no Letter of Credit need be posted for the period prior to April 1, 2006 when the yearly criteria are due to be again determined as herein provided. 
  
 25.3 If Tenant has posted the Security Deposit with or delivered the Security Deposit to the Landlord, then said Security Deposit (and/or any Letter of
Credit) shall be returned to the Tenant, without interest, within ten (10) business days after Tenant has provided Landlord with information which satisfies the requirements of Section 25.2 above. If the Security Deposit remains posted with Landlord
at the end of the term of this Lease, then Landlord shall return it to the Tenant, without interest, and any Letter of Credit shall be canceled, within thirty (30) days after expiration of the Term hereof, provided that an Event of Default has

  

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 not occurred hereunder and has not then been cured. During the term hereof, the Landlord may, if the Landlord so elects,
have recourse to such Security Deposit, to make good any default by the Tenant, in which event the Tenant shall, on demand, promptly restore said Security Deposit to its original amount. Liability to cancel or return said Security Deposit to the
Tenant shall run with the reversion and title to the Landlord’s Premises, whether any change in ownership thereof be by voluntary alienation or as a result of judicial sale, foreclosure or other proceedings, or the exercise of a right of taking
or entry by any mortgagee, provided that the Letter of Credit has been duly assigned to such entity by the Landlord. The Landlord shall assign or transfer said Security Deposit, for the benefit of the Tenant, to any subsequent owner or holder of the
reversion of title to the Landlord’s Premises, in which case the assignee shall become liable for the repayment or cancellation thereof as herein provided, and the assignor shall be deemed to be released by the Tenant from all responsibility or
liability for the return of such said Security Deposit. This provision shall be applicable to every alienation or change in title and shall in no way be deemed to permit the Landlord to retain any portion of the Security Deposit after termination of
the Landlord’s ownership of the reversion or title. The Tenant shall not mortgage, encumber or assign said Security Deposit without the prior written consent of the Landlord. Landlord shall not be required to maintain the Security Deposit in
segregated or separate accounts and may commingle the Security Deposit with its general funds. 
  
 26. INTENTIONALLY OMITTED. 
  
 27. INTENTIONALLY OMITTED. 
  
 28. Environmental
Covenants: Tenant represents, covenants, promises and agrees as follows: 
  
 28.1 Tenant agrees to take all requisite action to insure Tenant’s material compliance with all applicable federal, state and local laws relating to pollution of the environment, hazardous substances, air
pollution, clean air, soil, environmental protection, hazardous waste, toxic substances, noise control, sewerage and wastewater treatment, solid waste, navigable waters, water supply, quality and pollution, storm water, groundwater and rivers and
harbors laws applicable to Tenant’s operations at the Demised Premises, including, but not limited to, the Resource Conservation and Recovery Act, the Clean Air Act, and Federal Water Pollution Control Act, the Toxic Substances Control Act, and
the Comprehensive Environmental Response, Compensation and Liability Act (“CERCLA”), the New Jersey Industrial Site Recovery Act (N.J.S.A. 13:1K-6 et seq. and N.J.A.C. 7:26B-1.1 et seq.) (“ISRA”)
and/or the New Jersey Underground Storage of Hazardous Substances Act (N.J.S.A. 58:10A-21 et seq.; N.J.A.C. 7:14B-1.1 et seq.), if the same becomes applicable and/or the rules and regulations promulgated under said
statutes (collectively referred to as “Environmental Laws”). 
  
 28.2 Tenant shall not use or permit the use of the Landlord’s Premises to refine, produce, store, handle, generate, manufacture, heat, dispose of, transfer, process or transport (collectively, “Use”) “Hazardous
Substances” (as such term is defined in N.J.S.A. 58:10-23.11b, or any rule or regulation promulgated thereunder), other than in such quantities as are ordinarily Used in connection with Tenant’s business as described in Article 8 and in
material compliance with applicable Environmental Laws. 
  

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 28.3 The Demised Premises will not be used as a “Major Facility”, as such term is defined in
N.J.S.A. 58:10-23.11b(1), or any rule or regulation currently promulgated thereunder. 
  
 28.4 Should Tenant or any of Tenant’s agents, servants, contractors, employees, invitees, sub-tenants or assignees cause or permit any intentional or unintentional action or omission in connection with the
Demised Premises resulting in the releasing, spilling, leaking, pumping, pouring, emitting, emptying or dumping of “Hazardous Substances” without having obtained a permit issued by the appropriate governmental authorities (collectively, a
“Release”), which Release requires cleanup under applicable Environmental Laws, Tenant promptly shall clean up such spill, leak, etc, in accordance with the provisions of the New Jersey Spill Compensation and Control Act (N.J.S.A.
58:10-23.11 et seq.) (“Spill Act”), and all other applicable Environmental Laws. 
  
 28.5 No lien has been attached, nor shall any lien be allowed to attach to any real or personal property owned by Tenant and located at the Demised
Premises, pursuant to applicable Environmental Laws, including, without limitation, the Spill Act and/or CERCLA. 
  
 28.6 Tenant will furnish the New Jersey Department of Environmental Protection (“DEP”) with any information in Tenant’s possession which
may be required by the Spill Act, ISRA or any other applicable Environmental Law, with respect to Tenant’s Use of the Demised Premises, including information required by ISRA due to applications submitted by the Landlord. 
  
 28.7 In the event that there shall be filed a lien against the
Landlord’s Premises, the Demised Premises, or Tenant’s property thereon, by DEP under the Spill Act or under CERCLA as a result of Tenant’s acts or omissions with respect thereto, Tenant shall within thirty (30) days from the date the
Tenant is given notice of such lien or within such shorter period of time in the event that the State of New Jersey has commenced steps to cause a sale pursuant to the lien, either: (a) pay the claim and remove the lien; or (b) furnish (1) a bond
reasonably satisfactory to Landlord and/or DEP in the amount of the claim out of which the lien arises, (2) a cash deposit in the amount of the claim out of which the lien arises, or (3) other security reasonably satisfactory to Landlord in an
amount sufficient to discharge the claim out of which the lien arises. Tenant reserves the right to contest the filing of any such lien provided that Tenant shall be required to discharge or bond off any such lien prior to commencement of any such
contest. 
  
 28.8 Tenant shall not use or cause the
Landlord’s Premises to be used as an “industrial establishment” as such term is defined in ISRA as of the date of this Lease. 
  
 28.9 Tenant shall not install any underground storage tanks without the prior written consent of Landlord. 
  

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 28.10 Tenant and Landlord shall provide each other with copies of any and all notices either party
receives from the DEP with respect to the environmental condition of the Landlord’s Premises. 
  
 29. Auction Sales: 
  
 29.1 Tenant shall not conduct or permit to be conducted any sale by auction or otherwise in, upon or from the Demised Premises whether said sale be
voluntary, involuntary, pursuant to any assignment for the payment of creditors or pursuant to any bankruptcy or other insolvency proceeding. 
  
 30. Holding Over: 
  
 30.1 Subject to the provisions of Section 30.2 below, in the event Tenant shall remain in possession of the Demised Premises following the expiration of
the term granted hereby and any renewals, without Landlord’s written permission, all terms of this Lease shall, as applicable, continue to govern such possession, except that Tenant shall have the status of a tenant at sufferance and shall pay
to Landlord, as its exclusive damages for such wrongful holdover, for each month or part thereof during which said wrong holdover continues, double the total of the Fixed Rent and Additional Rent due from Tenant to Landlord at the time immediately
preceding such holdover. 
  
 30.2 Notwithstanding the foregoing
in Section 30.1 above, Tenant shall have the right to holdover for a period of one (1) year after the Termination Date (the “Permitted Holdover Period”), as such date may be extended pursuant to Tenant’s “Options to Renew”
under Section 40 below, provided that Tenant complies with the terms and provisions of this Section: 
  
 (a) Tenant shall provide Landlord with not less than eleven (11) months prior written notice of its intention to holdover beyond the Termination Date, as
such date may be extended pursuant to Tenant’s “Options to Renew” under Section 40 below. 
  
 (b) The foregoing notice shall state the amount of time that Tenant intends to holdover in the Demised Premises, and the holdover period under this
Section 30.2 shall be limited to the period stated. 
  
 (c) For
the first two (2) months of the Permitted Holdover Period, Tenant shall pay Fixed Rent at an amount equal to that being paid by Tenant immediately prior to the Permitted Holdover Period. Thereafter, through the remainder of the Permitted Holdover
Period, Tenant shall pay Fixed Rent in an amount equal to one and one-half (1.5) times the Fixed Rent prior to the Permitted Holdover Period. Tenant shall also be required to pay Additional Rent during the Permitted Holdover Period. 
  
 (d) Time is declared to be of the essence with regard to the provisions of
this Section 30.2. 
  

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 31. Quiet Possession: 
  
 31.1 Upon Tenant paying the rent reserved hereunder and observing and performing all of the covenants, conditions and
provisions on Tenant’s part to be observed and performed hereunder, Tenant shall have quiet possession of the Demised Premises for the entire term hereof, subject to and in accordance with all the provisions of this Lease. 
  
 32. Representations and Warranties of Landlord. Landlord represents
and warrants to Tenant as follows: 
  
 32.1 The Demised Premises
will comply with all applicable requirements of State, County, City and local authorities as of the Commencement Date. Landlord shall, at its own cost and expense, promptly execute and comply with any statutes, ordinances, rules, orders,
regulations, and requirements of all governmental or quasi-governmental authorities (including, but not limited to, the Americans with Disabilities Act), and of their departments or bureaus, which may now or hereafter be applicable to the Parking
Lot and exterior entryways to the Demised Premises as of the Commencement Date. Landlord shall promptly correct and abate any such violations not caused by Tenant, its agents, employees, affiliates and/or contractors, at Landlord’s own cost and
expense (and NOT as Additional Rent). 
  
 32.2 The
Landlord’s Premises (excluding the Demised Premises) as of the Commencement Date (i) will comply with applicable governmental requirements (including zoning laws and regulations, land use planning and environmental requirements), and (ii) shall
be free of any liens of subcontractors, materialmen and the like filed pursuant to the New Jersey Mechanics Lien Law (R.S. 2A:44-64, et seq.). Similarly, Landlord shall have obtained all required permits and approvals associated
therewith. 
  
 32.3 Landlord is the owner of good, marketable and
insurable title to the Land upon which the Building is located. Such title is free and clean of all liens and encumbrances other than those set forth on those certain owner’s policy of title insurance issued by Commonwealth Land Title Insurance
Company as Policy No. H000985 dated September 15, 2000 and same being recorded in the Bergen County Book 10472, page 536, and shall remain that way except for subsequent financing obtained by Landlord in connection with the construction and
financing of the Land and Building. 
  
 32.4 As of the
Commencement Date, gas, electric, water, sewer, and storm drain utilities will be available and connected at the Building and to the Demised Premises. Tenant shall have the right at Tenant’s sole cost and expense to obtain a secondary electric
line to service the Demised Premises and its appurtenances, subject to Landlord’s consent as to the placement and installation of the secondary line, which shall not be unreasonably withheld, delayed or conditioned. 
  
 32.5 Landlord has not received any notices from DEP or any other
governmental authority having jurisdiction over environmental matters with respect to Landlord’s Premises, and to the best of Landlord’s knowledge, there has not been any intentional or unintentional action or omission in connection with
the Landlord’s Premises resulting in a Release, which Release requires cleanup under applicable Environmental Laws. If a Release is a pre-existing condition, Landlord shall comply with its obligations under Section 10.4. 
  

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 32.6 Landlord shall obtain and shall maintain all permits, approvals and easements as are necessary to
permit Tenant, directly or through contractors, including Landlord’s affiliated companies, at Tenant’s expense, to install, maintain, repair and replace the Private Communication Ductbank (as defined in Section 45.1 below) between the
Demised Premises and the existing Private Communication Ductbank serving Tenant’s other leased premises located at 777 Central Boulevard and 760 Washington Avenue, Carlstadt, New Jersey, and shall continue such maintenance and make such repairs
and maintain such approvals as are necessary with reasonable expediency. Notwithstanding the provisions of Section 13.1 to the contrary, if Landlord defaults in its obligations under this Section 32.6 and Article 13, Tenant shall have the right to
perform Landlord’s obligations and to recover the reasonable cost together with reasonable counsel fees and costs from the Landlord in an action at law, or Tenant may, alternatively, resolve such dispute pursuant to the arbitration process
described in Section 4.6 above. 
  
 32.7 During the Term and, if
applicable, any renewal Term, and on the express conditions precedent that (a) Tenant shall not allow an Event of Default that is not timely cured by the Tenant, nor (b) give notice of early termination to Landlord, nor (c) permanently cease its
disaster recovery operations at the Demised Premises, Landlord shall not lease any space in the Building on Landlord’s Premises nor sell Landlord’s Premises or the Building to any of Tenant’s competitors who are named on Schedule
“F” annexed hereto and made a part hereof, and their successors which are competitors of Tenant’s disaster recovery business, provided that and subject to the limitation that at no time shall the list of such competitors or their
successors exceed a total of five (5) entities as to which Landlord is restricted. 
  
 32.8 The property is located in the Light Industrial “A” zone of the New Jersey Meadowlands District. 
  
 32.9 Landlord and its affiliates shall not charge a fee associated with the management of the Demised Premises as a common expense recoverable from
Tenant under Section 3.1C of this Lease. 
  
 33. Notices:

  
 33.1 All notices and demands which are contemplated or
permitted to be given by either party shall be in writing and shall be served upon the parties at the following addresses: 
  

					
	 If to Landlord:
	 	410 COMMERCE LLC, L.L.C.	 	 
	 	 	71 Hudson Street	 	 
	 	 	Hackensack, N.J. 07601	 	 
	 	 	Attn: Edward Russo, Managing Member	 	 
	 	 	Fax No.: 201-487-6440	 	 

  

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	 With a copy to:
	 	Richard G. Berger, General Counsel	 	 
	 	 	Russo Development, LLC–	 	 
	 	 	71 Hudson Street	 	 
	 	 	Hackensack, N.J. 07601	 	 
	 	 	Fax No.: 201-488-6440	 	 
			
	 If to Tenant:
	 	SUNGARD AVAILABILITY SERVICES LP	 	 
	 	 	680 East Swedesford Road	 	 
	 	 	Wayne, PA 19087	 	 
	 	 	Attention: Controller	 	 
	 	 	Fax No.: 215-351-0424	 	 
			
	 With a copy to:
	 	SUNGARD AVAILABILITY SERVICES LP	 	 
	 	 	680 East Swedesford Road	 	 
	 	 	Wayne, PA 19087	 	 
	 	 	Attention: General Counsel	 	 
	 	 	Fax No.: 610-225-1133	 	 

  
 Notices shall be
served either by personal service, or by mailing, certified mail, return receipt requested, postage prepaid. Notices can also be sent by facsimile transmission so long as it is sent by one of the other methods. Personal service shall be effective
upon actual delivery in person or via a local or nationally recognized overnight courier service (including, for example, Federal Express) to the addressee. Service by facsimile and mail shall be deemed effective two (2) business days after the item
has been successfully transmitted by facsimile and a true copy has been deposited in the United States Mail, to be delivered by certified mail, return receipt requested, properly addressed as above, and postage prepaid. Service by personal service
shall be deemed effective upon receipt. 
  
 34. Parties
Bound: 
  
 34.1 The covenants, agreements, terms, provisions
and conditions of this Lease shall bind and benefit the respective successors, assigns and legal representatives of the parties hereto with the same effect as if mentioned in each instance where a party hereto is named or referred to, except that no
violation of the provisions of Article 17 hereof shall operate to vest any rights in any successor, assignee or legal representative of Tenant and that the provisions of this Article 34 shall not be construed as modifying the conditions of
limitation contained in Article 17 hereof, or Section 12.2 hereof. 
  
 35. Abandoned Personal Property: 
  
 35.1 Any
personal property, which shall remain in the Demised Premises or any part thereof after the expiration or termination of the term of this Lease in violation of the provisions of Article 9 above shall be deemed to have been abandoned, and either may
be retained by Landlord as its property or may be disposed of in such manner as Landlord may see fit seven (7) days after written notice to Tenant; provided, however, that the presence of such personal property without Landlord’s consent shall
be conclusively deemed an 
  

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 unconsented holding over by Tenant rendering Tenant liable under Paragraph 30.1, unless Tenant has timely exercised
rights under Section 30.2 and such personal property is removed on or before the expiration of the holdover period under Section 30.2. If such personal property or any part thereof shall be sold by Landlord, Landlord may receive and retain the
proceeds of such sale as Landlord’s property without affecting Landlord’s rights against Tenant or resulting in any credit to Tenant from damages otherwise recoverable by Landlord. 
  
 36. Article Headings: 
  
 36.1 The Article headings of this Lease are for convenience only and are
not to be considered in construing the same. 
  
 37. Governing
Law: 
  
 37.1 The laws of the State of New Jersey shall
govern the validity, performance and enforcement of this Lease. The invalidity or unenforceability of any provision hereof shall not affect or impair any other provision. 
  
 38. Letter of Acceptance: 
  

38.1 Upon the Tenant’s accepting possession of each Unit in the Demised Premises pursuant to the terms and conditions hereof, the Tenant
covenants and agrees that it will furnish to the Landlord a written statement that it accepts the Demised Premises, in “as is” condition. 
  
 39. Tenant’s Right to Lease Unit B: 
  
 39.1 From the date that this Lease is executed through September 1, 2005, Tenant shall have the exclusive right to lease Unit B, consisting of
approximately 97,594 square feet of single-story floor area as shown on the attached Schedule ”A” and the exclusive right to 122 parking spaces associated with Unit B (“Unit B”) upon the terms and conditions and subject to the
condition precedent of timely service of notice set forth in this Article 39 of this Lease. Tenant shall exercise this option by notice in writing to Landlord. If Tenant has not provided such notice to Landlord, then from and after September 1,
2005, Landlord shall be free to lease Unit B to any other party without notice to Tenant. TIME IS EXPRESSLY DECLARED TO BE OF THE ESSENCE FOR TENANT’S NOTICE EXERCISING THIS OPTION TO LEASE UNIT B. 
  

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 39.2 From and after the Commencement Date with respect to Unit B of the Demised Premises, Landlord shall
provide to Tenant the following monetary allowances for the installation of the Initial Tenant Improvements: 
  

						
	 39.2.1.
	  	Underground work for the sanitary sewer system	  	$	56,605
	 39.2.2.
	  	Underground work for the electrical grounding system:	  	$	22,447
	 39.2.3
	  	Underground work for the electrical & interior telecom services as per cost breakdown annexed hereto as Exhibit 9.4.3:	  	$	145,415
	 39.3.4.
	  	One (1) concrete isolation pad for Tenant’s generators:	  	$	19,519
	 39.2.5.
	  	Roof pavers to service Tenant’s rooftop mechanical Equipment:	  	$	11,711
	 39.2.6.
	  	Steel dunnage required to support rooftop equipment:	  	$	243,985

  
 39.3 If Tenant has
timely and properly exercised its option to lease Unit B, the Tenant shall be provided with occupancy not later than September 1, 2006, shall commence payment of rental effective as of September 1, 2006, and the term shall be co-terminus with the
term of this Lease, and shall expire on September 30, 2015 (the “Termination Date”), unless the Tenant has exercised any of the renewal options granted under Article 40 of this Lease. Except as to the amount of Fixed Rent for Unit B, an
increase in Tenant’s proportionate share of all Additional Rent under Section 3.1 of this Lease by an additional amount of thirty-four and seventy-eight one-hundredths percent (34.78%), the terms set forth in Section 39.3 above, and the
Commencement Date of the Term for Unit B, all of the other terms, covenants, conditions and agreements set forth in this Lease shall apply to Tenant’s lease of Unit B. Fixed Rent for Unit B during the Term shall be as set forth on Schedule C
annexed hereto. 
  
 40. Options to Renew: 
  
 40.1 Tenant shall have the right to renew its lease for the Demised
Premises for two (2) five year periods by providing Landlord with twelve (12) calendar months written notice prior to the expiration of the then current term. TIME FOR NOTICE OF EXERCISE OF TENANT’S OPTIONS IS HEREBY DECLARED TO BE OF THE
ESSENCE. 
  
 (a) The initial year’s Fixed Rent for the first
year of the first renewal option period, if exercised, shall the Fixed Rent applicable to the immediately preceding lease year plus three (3%) percent.. 
  
 (b) The initial year’s Fixed Rent for the first year of the second renewal option period, if exercised, shall the Fixed Rent applicable to the
immediately preceding lease year plus three (3%) percent. 
  
 40.2 Throughout the first and second renewal terms, Fixed Rent for each and every successive and consecutive year of a new term shall be increased, cumulatively, by an amount equal to three (3%) percent of the prior year’s Fixed Rent
in the same manner that Fixed Rent increases by three (3%) percent each year during the initial term as set forth on Schedule “C” and Schedule “D.” 
  

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 40.3 Except as to the amount of Fixed Rent, all of the other terms, covenants, conditions and agreements
set forth in this Lease shall apply to all renewal terms; except that there shall only be two (2) options to renew as set forth in this Article 40 of this Lease. 
  
 41. Conditional Right of First Offer to Purchase Landlord’s Premises: 
  
 41.1 The Tenant is hereby granted a the Right of First Offer to purchase
the Landlord’s Premises pursuant to the provisions of Section 41.2 below, contingent upon Tenant’s having timely and properly exercised its option to lease Unit B under Section 39.1 above and having paid the first month’s rent for
Unit B pursuant to such section. 
  
 41.2 Subject to the
condition at Section 41.1, above, Tenant shall have a Right of First Offer for the purchase of the Landlord’s Premises. Landlord agrees to provide Tenant with written notice of the availability of the Landlord’s Premises for sale and to
offer the Landlord’s Premises in its entirety to Tenant on such terms as Landlord finds acceptable in its sole discretion, prior to marketing the Landlord’s Premises to other prospective buyers. Tenant shall have sixty (60) days from the
date of Landlord’s notice to respond in writing to the same. If Landlord has not received a written response by the end of said sixty (60) day period or if Tenant declines to accept Landlord’s offer or if Tenant makes a counteroffer that
Landlord rejects in writing as unacceptable in its sole and absolute discretion, Landlord shall thereafter be free to market and sell the Landlord’s Premises without further notice to Tenant. If Landlord and Tenant agree on terms for the sale
of the Premises, but are subsequently unable, in good faith, to consummate an agreement with respect thereto acceptable to both Landlord and Tenant, Landlord shall thereafter be free to market and sell the Landlord’s Premises on such terms and
conditions as Landlord shall determine, subject as aforesaid. 
  
 42. INTENTIONALLY DELETED. 
  
 43. Mobile Data
Center. Subject to Tenant’s obligation to obtain a Certificate of Occupancy and any other required permits, Tenant shall have the right during a disaster recovery and/or a demonstration or testing event to park five (5) of its mobile
recovery units (the “MDC Units”) in the loading area adjacent to the Building (the “Loading Area”), which right is subject to the following conditions and requirements: 
  
 43.1 The MDC Units, when used, are to be located on the Loading Area in the
area designated on Schedule ”A” attached hereto and made a part hereof. Said location may be moved to another location in the Loading Area mutually approved by Landlord and Tenant: (i) if required by Landlord, provided Landlord has a sound
business reason for requiring the change in location, in which event Landlord shall pay for the costs of the relocation, or (ii) if required by law, in which event Tenant shall pay for the costs of the relocation. The Landlord hereby agrees to use
its best efforts to accommodate Tenant’s temporary, increased parking needs during a disaster recovery situation, for a period not to exceed one hundred fifty (150) calendar days in any twelve (12) month period, by providing additional parking
in the parking lot for the Building as well as in other parking lots adjacent to buildings owned by Landlord (or an affiliate 
  

 - 45 - 








 or subsidiary thereof or of Russo Development, LLC), between the Building and the other buildings occupied by Tenant at
777 Central Boulevard and /or 760 Washington Avenue, Carlstadt, New Jersey. 
  
 43.2 The MDC Units may not be in the Loading Area for more than five (5) consecutive days per visit for test purposes, and for no more than two (2) separate visits per twelve (12) month period for test purposes. The
foregoing time limitations shall not be applicable to disaster events necessitating the use of the MDC Units. 
  
 43.3 Tenant shall give Landlord at least five (5) days prior written notice of the dates it intends to locate the MDC Units in the Loading Area for test
purposes. In disaster recovery situations, Tenant will use its best efforts to provide Landlord with as much prior notice as is reasonably possible. 
  
 43.4 Tenant shall have the right, at any time during the term of this Lease, and at Tenant’s sole cost and expense, to install a “hitching
post” (substantially similar in configuration to that set forth on the diagram attached hereto and made a part hereof as Schedule ”I” to connect the MDC Units to the Demised Premises, at the location set forth on Schedule
”A” attached hereto, subject to Tenant’s receipt of any necessary governmental approvals with respect to such site. Tenant may request that the hitching post and any underground conduit to connect such post to the Demised Premises (or
portions thereof), be installed as part of the Tenant Improvements, which Landlord is willing to do at Tenant’s sole cost and expense. 
  
 44. Rooftop Rights. 
  
 44.1 Landlord hereby grants to Tenant the right to install, use, operate, maintain, repair and remove, at Tenant’s sole cost and expense, one (1)
antenna and one (1) satellite dish (collectively, the “Antenna Equipment”) on the roof of the Building in the location or locations (the “Roof Demised Premises”) to be mutually agreed upon by Landlord and Tenant. The term
“Antenna Equipment” includes any related equipment, cabling, wiring or other device or thing used in or about the Building in connection with the aforedescribed antenna and related equipment. All Antenna Equipment and the manner of the
installation thereof shall be subject to Landlord’s prior written approval, not to be unreasonably withheld, delayed or conditioned. 
  
 All work, installation, maintenance and operation permitted by Landlord pursuant to this Amendment must conform to all laws, regulations and requirements
of federal, state and county governments, and any other public or quasi-public authority having jurisdiction over the Roof Demised Premises. Tenant shall obtain all necessary licenses from the Federal Communications Commission (“FCC”) and
all installation, maintenance and operation shall be conducted in conformance with FCC rules and/or operating authority. 
  
 No Antenna Equipment may exceed three (3) feet in diameter or six (6) feet in height. 
  

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 44.2 Tenant, at Tenant’s sole cost and expense, shall install, maintain and repair the Antenna
Equipment. Tenant shall, not later than at the expiration of the Term of the Lease, remove the Antenna Equipment from the roof of the Building and restore same to substantially the same condition as on the date hereof, ordinary wear and tear
excepted. 
  
 44.3 Tenant, at its sole cost and expense, shall
procure and maintain in effect, all government approvals, including, but not limited to, any licenses or permits necessary for the installation, use, operation, maintenance, repair and/or removal of the Antenna Equipment. 
  
 44.4 Tenant will, at Tenant’s expense, provide the necessary power
installation for the operation of the Antenna Equipment. Tenant shall not install or operate any Antenna Equipment or other machinery that operates with voltage in excess of the Building capacity unless Tenant, at its sole cost and expense, installs
such equipment as necessary to increase the Building capacity and obtains the prior written consent of Landlord, which consent may be withheld in Landlord’s sole and absolute discretion. 
  
 44.5 Subject to emergencies and periods of preventative maintenance,
Landlord agrees that throughout the Term of this Lease, Tenant, or any of the designated representatives of Tenant, shall have 24-hour access to the roof of the Building for the purpose of installing, using, operating, maintaining and repairing the
Antenna Equipment. Subject to the provisions of Section 11.9 above, Tenant shall indemnify, defend and hold harmless Landlord from and against any and all costs, expenses, claims, losses or damages resulting from and damage to property or injury to
person resulting from any such access. 
  
 44.6 Tenant
acknowledges and agrees that any changes to and/or installations upon the roof are to be performed by a contractor approved by the entity providing the roof warranty so as not to void the warranty. For purposes hereof, J. Murphy Roofing and Sheet
Metal, Inc. and Cannella Roofing, Inc. are contractors that satisfy the foregoing condition for a period of twelve (12) months from the date hereof. Prior to commencement of the work on the roof, Landlord shall inspect the roof to determine whether
there is any existing damage which requires repair; and after completion of Tenant’s work on the roof, Landlord shall have a similar inspection conducted. If there is any damage to the roof during the foregoing period, Tenant shall be
responsible, at its sole costs and expense for repairing any and all such damage, unless such damage was caused by the act or omission of Landlord, its employees, agents, contractors or invitees. 
  
 45. Redundant Conduit Line. 
  
 45.1 As part of the Landlord Work, but at Tenant’s sole cost and
expense, Landlord shall install two (2) independent and redundant conduit ductbanks (the “Private Communications Ductbank”) to connect the Demised Premises with the existing Private Communications Ductbank which now connects the
Tenant’s leased building located at 777 Central Boulevard, Carlstadt, New Jersey and the Tenant’s leased building located at 760 Washington Avenue, Carlstadt, New Jersey. Each independent ductbank will consist of four (4) four inch
(4”) diameter conduits (the “Private Communication Ductbank”). The Landlord will 
  

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 provide all design and engineering including construction inspections and certifications; permitting; mark-out of all
existing utilities; and construction, including management, supervision, labor, materials, tools, supplies and construction equipment, excavations of all classes, including rock excavation and dewatering; protective barriers and traffic control,
bracing and support of all existing utilities, as needed, public road crossings with concrete protection; all necessary for the complete development of the work. The completed Private Communication Ductbank will be for the exclusive use of the
Tenant. All telecommunication cabling will be provided by the Tenant. The parties acknowledge and agree that Substantial Completion of this work will not occur until ninety (90) calendar days, excluding the winter months from November through March,
after Tenant notifies Landlord to proceed and has committed to an agreed price for such work, but the Landlord agrees to use reasonable diligence to complete the work as soon as is reasonably practicable (even during winter months, weather
permitting). If Substantial Completion of this work is not installed within the agreed time period, then and in that event the Tenant shall have the right to pursue an action for damages and/or specific performance; provided, however, that Landlord
shall continue to diligently purse the completion of installation of the Private Communication Ductbank. 
  
 45.2 Landlord hereby grants Tenant unrestricted access to “tap” into both sides of the redundant conduit loop that surrounds the Demised
Premises at locations reasonably approved by the Landlord (such approval not to be unreasonably withheld, delayed or conditioned) and subject to applicable approvals and legal requirements. 
  
 46. Supplemental HVAC 
  
 46.1 Tenant shall have the right to install up to one thousand two hundred
(1,200) nominal cooling tons of supplemental air cooled HVAC for exclusive use by Tenant on the roof of the Building to the extent that the roof can support the weight of such tonnage, as reasonably determined by Landlord. In the event such HVAC
equipment cannot be accommodated on the roof, then Tenant shall have the right to install said HVAC equipment in or on another location (e.g., landscaped area outside the Building) reasonably acceptable to Landlord and Tenant. Tenant shall
also have the right to install in the Demised Premises supplemental HVAC systems at locations determined by Tenant. 
  
 46.2 Tenant shall be responsible for obtaining all permits and approvals as are necessary for the installation, use and operation of the HVAC equipment.

  
 46.3 Tenant shall obtain Landlord’s prior approval of
all plans and specifications for the HVAC equipment, which shall include the proposed location of the HVAC equipment, which approval shall not be unreasonably withheld, delayed or conditioned. 
  
 46.4 No discharge condenser air will be allowed to be ejected into the
Building or Building plenum. Tenant shall pay all costs incurred in connection with the installation, use, operation, maintenance and, if applicable, removal of said HVAC units. Tenant shall, at its expense, maintain all said HVAC units in good
condition. 
  
 46.5 INTENTIONALLY DELETED 
  

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 46.6 Tenant acknowledges and agrees that any such installations upon the roof are to be performed by a
contractor approved by the entity providing the roof warranty so as not to void the warranty. For purposes hereof, J. Murphy Roofing and Sheet Metal, Inc. and Cannella Roofing, Inc. are contractors that satisfy the foregoing condition for a period
of twelve (12) months from the date hereof. Prior to commencement of the work on the roof, Landlord shall inspect the roof to determine whether there is any existing damage which requires repair; and after completion of Tenant’s work on the
roof, Landlord shall have a similar inspection conducted. If there is any damage to the roof during the foregoing period, Tenant shall be responsible, at its sole costs and expense for repairing any and all such damage. 
  
 47. Venting. 
  
 47.1 Tenant shall have the right to vent through the roof of the Building
as required for the installation by Tenant of any special equipment in connection with its use of the Demised Premises, including but not limited to, supplemental HVAC units, kitchen exhaust, etc. The location and type of venting shall be subject to
Landlord’s prior written approval, which approval shall not be unreasonably withheld. Tenant shall, at its expense, maintain all said venting and the area of the roof effected by such venting in good condition. Notwithstanding the foregoing,
Tenant’s rights granted pursuant to this Paragraph are subject to the terms and conditions of Landlord’s roof warranties and contracts, and Tenant, at its cost, shall comply with the terms and conditions of said warranties and contracts,
including, without limitation, any requirement that certain roofers or roofing companies perform such roof work. 
  
 47.2 Tenant acknowledges and agrees that any such installations upon the roof are to be performed by a contractor approved by the entity providing the
roof warranty so as not to void the warranty. For purposes hereof, J. Murphy Roofing and Sheet Metal, Inc. and Cannella Roofing, Inc. are contractors that satisfy the foregoing condition for a period of twelve (12) months from the date hereof. Prior
to commencement of the work on the roof, Landlord shall inspect the roof to determine whether there is any existing damage which requires repair; and after completion of Tenant’s work on the roof, Landlord shall have a similar inspection
conducted. If there is any damage to the roof during the foregoing period, Tenant shall be responsible, at its sole costs and expense for repairing any and all such damage. 
  
 48. Grounding of Equipment. 
  

48.1 Tenant shall have the right to ground its equipment to the base steel in the Building at location(s) mutually agreed upon by Landlord and Tenant.

  
 49. Backup Electrical Generators. 
  
 49.1 Tenant is hereby granted the right to install, at Tenant’s sole
cost and expense, up to four (4) above-ground backup electrical generators for Tenant’s use solely in the Demised Premises. In addition, Tenant is hereby granted the right to install, at Tenant’s sole cost and expense, up to two (2)
additional above-ground backup electrical generators which may, at the option of the Tenant, be installed in lieu of parking spaces allocated to Tenant under this 
  

 - 49 - 








 Lease. Tenant shall also be permitted to install such above-ground storage tanks as are necessary or appropriate to
operate the Backup Electrical Generators in the event of a power outage or other emergency. (Such items are hereinafter referred to as the “Generator System”.) Tenant shall be responsible for obtaining all permits and approvals as are
necessary for the installation of the Generator System. 
  
 49.2
After the installation of the Generator System, Tenant, at its sole cost and expense, shall be responsible for: (a) maintaining such permits and approvals as are necessary for the maintenance and operation of the Generator System; (b) complying with
all applicable statutes, laws and/or ordinances, as are necessary to permit and continue the use, maintenance and operation of the Generator System; (c) repairing any damage or deterioration to the Landlord’s Premises or the Building caused in
whole or in part by the existence, installation, removal, operation or maintenance of the Generator System; and (d) all expenses imposed by any statute, law or ordinance of any governmental, quasi-governmental or regulatory authority relating to the
use and operation of the Generator System. 
  
 49.3 Tenant may
use the Generator System during: (a) testing and regular maintenance, and (b) any period of electrical power outage in the Demised Premises. 
  
 50. Due Execution. 
  
 50.1 The individual signing this Lease on behalf of the Tenant does hereby represent and warrant to Landlord that he/she has the full right, power,
capacity and authority to execute and deliver this Lease as a binding and valid obligation of the Tenant hereunder. The individual signing this Lease on behalf of the Landlord does hereby represent and warrant to Tenant that he/she has the full
right, power, capacity and authority to execute and deliver this Lease as a binding and valid obligation of the Landlord hereunder. 
  
 51. Payment of Tenant’s Legal Costs Under Special Circumstances. 
  
 51.1 If Tenant files an action (i) to compel Landlord’s consent to Structural Alterations under Section 9.2, or
(ii) to recover reimbursement for emergency repairs to avoid a Shut-Down Condition under Section 13.1, or (iii) to compel Landlord’s consent to a sublease or assignment under Section 17.1, and if the Tenant is the prevailing party in any
such action, and if the Court determines that Landlord’s bad faith necessitated the filing of such an action, then in addition to other relief awarded to Tenant, Tenant shall be entitled to an award of reasonable counsel fees and
litigation expenses in the discretion of the Court. 
  

 - 50 - 








 IN WITNESS WHEREOF, Landlord and Tenant have executed or caused to be executed, these presents, as of the
date first hereinabove set forth. 
  

					
	Signed, Sealed and Delivered	 	410 COMMERCE LLC
	in the Presence of:	 	(Landlord)
			
	  

	 	By:	 	  


	 	 	 	 	Edward Russo, Managing Member
		
	 	 	SUNGARD AVAILABILITY SERVICES LP
	 	 	(Tenant)
			
	  

	 	By:	 	  


	 	 	 	 	Edward C. McKeever,
	 	 	 	 	Vice President and Controller

  
  

 - 51 - 








 Schedule “A” 
 Lease Plan  
  

 - 52 - 








 Schedule “B” 
  
 Intentionally Deleted 
  

 - 53 - 








 Schedule “C” 
  
 Fixed Rent Unit D 
  
 Premises            64,415 square feet 
  

													
	 Period

	  	Year

	  	Annual
Rent PSF

	  	Total Annual
Rent

	 	 	 Monthly
 Rent


	 Commencement Date to December 31, 2005
	  	 	  	$	15.25	  	 	 	 	 	$	81,860.73
	 January 1, 2006, or later Commencement Date to December 31, 2006
	  	 	  	$	15.71	  	 	 	 	 	$	84,316.55
	 January 1, 2007 to December 31, 2007
	  	2	  	$	16.18	  	$	1,042,152.57	 	 	$	86,846.05
	 January 1, 2008 to December 31, 2008
	  	3	  	$	16.66	  	$	1,073,417.15	 	 	$	89,451.43
	 January 1, 2009 to December 31, 2009
	  	4	  	$	17.16	  	$	1,105,619.66	 	 	$	92,134.97
	 January 1, 2010 to December 31, 2010
	  	5	  	$	17.68	  	$	1,138,788.25	 	 	$	94,899.02
	 January 1, 2011 to December 31, 2011
	  	6	  	$	18.21	  	$	1,172,951.90	 	 	$	97,745.99
	 January 1, 2012 to December 31, 2012
	  	7	  	$	18.76	  	$	1,208,140.46	 	 	$	100,678.37
	 January 1, 2013 to December 31, 2013
	  	8	  	$	19.32	  	$	1,244,384.67	 	 	$	103,698.72
	 January 1, 2014 to December 31, 2014
	  	9	  	$	19.90	  	$	1,281,716.21	 	 	$	106,809.68
	 January 1, 2015 to September 31, 2015
	  	 	  	$	20.49	  	$	 990,125.77 	*	 	$	110,013.97



	*	Partial Lease Year 

  

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 Schedule “C” 
  
 Fixed Rent Unit C 
  
 Premises            25,584 square feet 
  

													
	 Period

	  	Year

	  	Annual
Rent PSF

	  	Total Annual
Rent

	 	 	Monthly
Rent


	 September 1, 2006 to December 31, 2006
	  	 	  	$	15.71	  	$	 133,953.56	*	 	$	33,488.39
	 January 1, 2007 to December 31, 2007
	  	2	  	$	16.18	  	$	413,916.50	 	 	$	34,493.04
	 January 1, 2008 to December 31, 2008
	  	3	  	$	16.66	  	$	426,334.00	 	 	$	35,527.83
	 January 1, 2009 to December 31, 2009
	  	4	  	$	17.16	  	$	439,124.02	 	 	$	36,593.67
	 January 1, 2010 to December 31, 2010
	  	5	  	$	17.68	  	$	452,297.74	 	 	$	37,691.48
	 January 1, 2011 to December 31, 2011
	  	6	  	$	18.21	  	$	465,866.67	 	 	$	38,822.22
	 January 1, 2012 to December 31, 2012
	  	7	  	$	18.76	  	$	479,842.67	 	 	$	39,986.89
	 January 1, 2013 to December 31, 2013
	  	8	  	$	19.32	  	$	494,237.95	 	 	$	41,186.50
	 January 1, 2014 to December 31, 2014
	  	9	  	$	19.90	  	$	509,065.09	 	 	$	42,422.09
	 January 1, 2015 to September 30, 2015
	  	 	  	$	20.49	  	$	 393,252.78	*	 	$	43,694.75



	*	Partial Lease Year 

  

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 Schedule “C” 
  
 Fixed Rent Unit B, C, D 
 Expansion Option 
  
 Premises            187,593 square feet 
  

													
	 Period

	  	Year

	  	Annual
Rent PSF

	  	Total Annual
Rent

	 	 	 Monthly
 Rent


	 September 1, 2006 to December 31, 2006
	  	 	  	$	14.65	  	$	 916,079.15 	*	 	$	229,019.79
	 January 1, 2007 to December 31, 2007
	  	2	  	$	15.09	  	$	2,830,684.57	 	 	$	235,890.38
	 January 1, 2008 to December 31, 2008
	  	3	  	$	15.54	  	$	2,915,605.11	 	 	$	242,967.09
	 January 1, 2009 to December 31, 2009
	  	4	  	$	16.01	  	$	3,003,073.26	 	 	$	250,256.11
	 January 1, 2010 to December 31, 2010
	  	5	  	$	16.49	  	$	3,093,165.46	 	 	$	257,763.79
	 January 1, 2011 to December 31, 2011
	  	6	  	$	16.98	  	$	3,185,960.43	 	 	$	265,496.70
	 January 1, 2012 to December 31, 2012
	  	7	  	$	17.49	  	$	3,281,539.24	 	 	$	273,461.60
	 January 1, 2013 to December 31, 2013
	  	8	  	$	18.02	  	$	3,379,985.42	 	 	$	281,665.45
	 January 1, 2014 to December 31, 2014
	  	9	  	$	18.56	  	$	3,481,384.98	 	 	$	290,115.41
	 January 1, 2015 to September 30, 2015
	  	 	  	$	19.11	  	$	 2,689,369.90 	*	 	$	298,818.88
	 	  	 	  	 	 	  	
	
	
	 	 	 
	 Total Fixed Rent
	  	 	  	 	 	  	$	28,776,847.51	 	 	 	 



	*	Partial Lease Year 

  

 - 56 - 








 Schedule “D” 
 Intentionally Deleted 
  

 - 57 - 








 Schedule “E” 
 Routine Landlord Maintenance 
  
 1. Exterior Walls: 
  
 Landlord’s
maintenance to the exterior precast walls shall include the application of a stain coating approximately one (1) time every five (5) years. In addition, the exterior brick surfaces shall be coated with a waterproofing material such as Prime-A-Pel or
an equivalent substitute at least one (1) time every five (5) years. This shall be a common expense and Tenant shall pay its proportionate share. Landlord represents that this work was last completed in October 2004. 
  
 2. Dock Seals, Dock Shelters, Loading Doors:

  
 Tenant agrees that it shall procure a maintenance contract for all dock
levelors and loading doors in the Demised Premises at Tenant’s sole cost and expense. 
  
 3. Parking and Loading Areas: 
  
 All paved areas shall be resurfaced approximately once every ten (10) years. This work shall include the removal and replacement of approximately 2” of fine
aggregate (FABC), hot bituminous concrete, mix I-5 top course. This shall be a common expense and Tenant shall pay its proportionate share. Landlord represents that this work was last completed in the Fall of 1995 and that based upon recent
inspection the Landlord agrees that the Tenant shall not be required to contribute to any cost for resurfacing prior to April 1, 2008. 
  
 4. Roof Areas: 
  
 Landlord shall perform annual inspections on the roof. 
  

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 Schedule “F” 
  
 Tenant’s Competitors 
  
 IBM 
  
 Sema 
  
 AT&T 
  
 Cable & Wireless 
  
 Genuity 
  

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 Exhibit G 
 Form of Letter of Credit 
  
                     , 200     
  
 410 Commerce, L.L.C. 
 71 Hudson Street

 Hackensack, NJ 07601 
  
 Attention: Edward Russo, Manager 
  
 Ladies and Gentlemen: 
  
 At the request and for the account of our customer, SunGard Availability Services, LP (the “Company”), we hereby establish this
Irrevocable, Unconditional, Transferable Sight Draft Letter of Credit No.                      (“this Letter of Credit”) in
favor of 410 Commerce, L.L.C., a New Jersey limited liability company, and its successors and assigns (the “Beneficiary”) by our signatures below and the Beneficiary’s receipt hereof. The amount available to be drawn under this
Letter of Credit is U.S.$    ,000,000.00 ( Million Dollars)(the “Letter of Credit Amount”). 
  
 We irrevocably and unconditionally agree to honor at sight any demand for payment made by the Beneficiary which complies with the terms of this Letter of
Credit. 
  
 The Beneficiary’s demand for payment and sight
draft under this Letter of Credit must be made by presentation of a document in the form of Exhibit A to this Letter of Credit (the “Beneficiary’s Demand”) together with the original of this Letter of Credit. The
Beneficiary’s Demand must be completed, purported to be signed by any Authorized Officer of the Beneficiary, and presented to us with the original of this Letter of Credit at our offices on a business day at or before 5:00 p.m., New York time,
on or prior to                     , 20     (the “Expiry Date”). With respect to the
preceding sentence, (a) an “Authorized Officer” is any person purporting to be a vice president, treasurer, secretary, or general counsel of the Beneficiary, (b) “our offices” are located at
                    , Attention: Letter of Credit Department, or such other address that we may specify in an amendment to this Letter
of Credit that is actually received by the Beneficiary not less than ten (10) days prior to the Expiry Date and (c) a “business day” is any day other than a Saturday, Sunday or federal holiday on which commercial banks are open to
do business in the State of New York. 
  

 - 60 - 








 It is a provision of this credit that it shall be automatically extended without amendment for
additional periods of one (1) year from the present or each future expiration date unless at least thirty (30) days prior to the expiration date, we notify the Beneficiary, in writing by certified mail (return receipt requested) or courier
(either via hand delivery or overnight mail) that we elect not to so renew this credit. 
  
 If the Beneficiary’s Demand is presented in the manner required hereby together with the original of this Letter of Credit, we shall honor such demand for payment at sight by wire transfer to the Beneficiary (or
any designee of the Beneficiary) of our own immediately available funds (and not with the funds of the Company) to the account so noted in such Demand (a) in the case of the presentation of the original of this Letter of Credit and the
Beneficiary’s Demand on or before 1:00 p.m., New York time, on the next business day on which we receive such and (b) in the case of a presentation of the original of this Letter of Credit and the Beneficiary’s Demand after 1:00 p.m., New
York time, on the second business day after the business day on which we receive such demand. 
  
 One drawing for the Letter of Credit Amount is, or partial drawings are, permitted under this Letter of Credit. If the Beneficiary makes partial drawings hereunder, the Letter of Credit Amount shall be reduced from
time to time by the amount of such partial drawings. 
  
 Only the
Beneficiary, as beneficiary of this Letter of Credit, may make the Beneficiary’s Demand and a drawing under this Letter of Credit. Upon the payment of our funds to the Beneficiary, to the Beneficiary’s order or to an account of the
Beneficiary we will be fully discharged to the extent of such payment of our obligations under this Letter of Credit with respect to such demand for payment. 
  
 This Letter of Credit is transferable in its entirety (but not in part) except to any person with which U.S. persons are prohibited from doing business
under U.S. foreign assets control regulations or other applicable U.S. laws and regulations. We shall not recognize any transfer of this Letter of Credit until this original Letter of Credit together with any amendment(s) and a signed and completed
transfer form reasonably acceptable to us is received. Such transfer shall be at no cost to Beneficiary. 
  
 This Letter of Credit sets forth in full our undertaking, and such undertaking will not in any way be modified, amended, amplified or limited by
reference to any document, instrument or agreement referred to in this Letter of Credit or the Beneficiary’s Demand. 
  

 - 61 - 








 This Letter of Credit shall be governed by the Uniform Customs and Practice for Documentary Credits,
1993 Revision, ICC Publication No. 500. 
  

			
	 Very truly yours,

	
	[Financial Institution]
		
	By:	 	  


	Name:	 	 
	Title:	 	 
		
	By:	 	  


	Name:	 	 
	Title:	 	 


  

 - 62 - 








 Exhibit A to [Name of Financial Institution]. Irrevocable, Unconditional, 
 Transferable Sight Draft Letter of Credit No.
                     
  

					
	 	 	 	 	 Date : [Print or type date]


  
 To :
[Financial Institution] 
  
 The undersigned hereby notifies you
that your customer, SunGard Availability Services LP (the “Company”), under Irrevocable, Unconditional, Transferable Sight Draft Letter of Credit No.
                    , has defaulted in its obligations to the undersigned [BENEFICIARY’S NAME] (the “Beneficiary”) pursuant to
the terms and provisions of that certain Lease Agreement dated December     , 2004, between 410 COMMERCE, L.L.C., as landlord, and SunGard Availability Services LP, as tenant, for space in the building located at 410
Commerce Boulevard, Carlstadt, New Jersey 07072, and hereby directs you as follows: 
  
 PAY TO THE ORDER OF [BENEFICIARY’S NAME] (the “BENEFICIARY”) THE SUM OF                     DOLLARS AND
                             CENTS DRAWN UNDER IRREVOCABLE, UNCONDITIONAL, TRANSFERABLE SIGHT DRAFT
LETTER OF CREDIT NO.                     . [Print or type amount and letter of credit number.] THE BENEFICIARY OF SUCH LETTER OF CREDIT HEREBY
DEMANDS PAYMENT OF THE FOREGOING TO ITS ACCOUNT AT [BANK NAME] [ABA NUMBER] [ACCOUNT NAME] [ACCOUNT NUMBER]. 
  

	
	  


	 Name: [Print or type Name]

	 Title: [Print or type Title of Authorized Officer]



  

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 Schedule “H” 
  
 Legal Description of Land 
  
 BEGINNING at a point in the northerly right-of-way line of Commerce Boulevard (80 Feet ROW), said point being distant 872.75 feet measured westerly along said line of
Commerce Boulevard from the intersection of the prolongation of said line of Commerce Boulevard with the prolongation of westerly line of Central Boulevard (60 feet ROW), running thence: 
  

	 	1.	Along said line of Commerce Boulevard, North 72 degrees 22 minutes 59 seconds West, 517.00 feet; thence 

  

	 	2.	North 17 degrees 37 minutes 01 seconds East, 958.32 feet to the southerly line of lands now or formerly of Angelina Fratarelli; thence 

  

	 	3.	Along said southerly line, South 73 degrees 01 minutes 46 seconds East, 549.86 feet; thence 

  

	 	4.	South 17 degrees 37 minutes 01 seconds West, 244.02 feet; thence 

  

	 	5.	North 72 degrees 22 minutes 59 seconds West, 32.82 feet; thence 

  

	 	6.	South 17 degrees 37 minutes 01 seconds West, 720.50 feet to the northerly line of Commerce Boulevard and the Point of BEGINNING. 

  
 The above description being drawn in accordance with a survey prepared by Boswell
Engineering, dated December 2, 1994 and most recently revised to August 24, 2000. 
  
 TOGETHER with the Driveway Easement in Deed Book 6799 page 667 and in Deed Book 6792 page 540. 
  
 TOGETHER with the exclusive Parking Easement in Deed Book 7751 page 778. 
  
 NOTE: Commerce Boulevard and Central Boulevard are Public Right of Ways. 
  
 For Information Purposes Only: “Premises herein is Lot 15 H000M in Block 131.01 on the Tax Map of the above municipality.” 
  

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 Schedule “I” 
 Diagram of Hitching Post 
  
 

 
  
  

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