|CONSTRUCTION
MANAGEMENT AGREEMENT


This
Agreement is made as of the 19th day of November, 2008 by and between Palomar Medical
Technologies, Inc., a Delaware corporation having a place of business at 82 Cambridge
Street, Burlington, Massachusetts (Owner) and Nordblom Development Company,
Inc. a Massachusetts corporation having a place of business at 15 Third Avenue,
Burlington, Massachusetts 01803 (Development Agent).


Preliminary Recitals


     A.       
          Owner is the owner of a tract of undeveloped land in Burlington, Massachusetts
          containing approximately 8.35 acres located on Network Drive and more
          particularly described on Exhibit A attached hereto (the
          Property) for the purpose of developing the Project, as
          hereinafter defined. Owner is desirous of entering into an agreement with the
          Development Agent for the furnishing by Development Agent of all project
          management and construction services to and for the benefit of Owner in
          connection with the development, construction and completion of the Project, as
          hereinafter defined.


     B.       
          The project (hereinafter called the Project), which will be
          developed on the Property will consist of a commercial building, parking,
          utilities, as further described on Exhibit B attached hereto and such other
          improvements and components as may be approved by Owner.


     C.       
          Owner desires to engage Development Agent to perform certain services in
          connection with the development, design and construction of the Project and
          Development Agent desires to accept such engagement, all on the terms and
          conditions hereinafter set forth.


NOW,
THEREFORE, in consideration of the premises and other good and valuable consideration, the
receipt and sufficiency of which are hereby acknowledged, Owner and Development Agent
agree as follows:


1.        Appointment.
Owner hereby engages and designates Development Agent, and           Development Agent
hereby accepts such engagement and designation, on the           conditions and for the
term hereinafter set forth, as Owners agent for the           purposes of
constructing the Project and overseeing and managing the development           process
for the Project. Development Agent recognizes that a relationship of           good faith
is created by this Agreement and agrees to use its best efforts (as           that term
is defined in Section 7.7) and to devote such time as may be necessary           to
perform the services provided for herein, and such additional duties and
          responsibilities as are reasonably within the general scope of such services,
or           to cause such services to be so performed, so as to effect, to an extent
          reasonably possible, the efficient and economic construction of the Project.




1


2.       
          Development Agents Duties; Development Agents Warranties and
          Representations. Development Agent shall perform or cause to be performed
          the following services for, on behalf of and, subject to the further provisions
          of this Agreement, at the expense of Owner in connection with the development,
          construction and completion of the Project:


     2.1.       
          Project Plans.


     2.1.1.       
          Owner has entered into (i) a contract with Spagnolo Gisness & Associates,
          Inc. (the Architect) to
design the Project, and (ii) a contract with Vanasse Hangen Brustlin, Inc. (the
Engineer and collectively with the Architect, the Project
Planners) to design the infrastructure and site plans for the Project. The Owner
has approved the plans for the Project, the list of which is attached to the Construction
Contract as Exhibit A (the Approved Plans).

   2.1.2           
Owner has entered into a construction  contract of even date  herewith,  and an Amendment No. 1 to the construction
contract (as amended, the Construction Contract) for a guaranteed
maximum price of $22,463,218.00 with Erland Construction, Inc. (the General
Contractor) for the construction of the Project.


     2.1.3.       
          The Approved Plans shall not be amended by Development Agent without the written
          consent of Owner, and unless Owner otherwise consents in writing, the Project
          shall be constructed substantially in accordance with the Approved Plans and the
          Construction Contract, except for (i) minor changes necessitated by job
          conditions which are approved by the Project Planners and which do not increase
          or decrease any line item of the Project Budget, and (ii) changes in the
          Approved Plans or the work performed pursuant thereto which are approved in
          writing by the Project Planners and by Owner and which do not increase or
          decrease any line item of the Project Budget. All change orders in any event
          shall be submitted to and approved by Owner in writing, regardless of the
          provisions set forth above.


     2.1.4.       
          Owner hereby constitutes, designates and appoints Louis P. Valente (or any other
          person which Owner may hereafter designate by Notice to Development Agent) as
          its representative to give any consents and approvals on behalf of Owner which
          may be required under the terms of this Agreement, including, without
          limitation, any consents or approvals of Owner required as above provided in
          respect of the Approved Plans, changes in the Approved Plans or any deviation of
          the work from the Approved Plans. Any consent or approval given by such
          representative or any successor thereto appointed by Owner shall be binding on
          Owner.


     2.1.5.       
          The Construction Contract shall not be amended or cancelled without the prior
          written consent of Owner except as otherwise permitted in subsection 2.1.3.


     2.2.       
          Licenses and Permits. Development Agent shall use its best efforts to
          assist the General Contractor in procuring or causing to be procured from all
          governmental authorities having jurisdiction over the Project, at Owners
          expense and in Owners name, all necessary licenses, permits, certificates,
          authorizations and approvals required in connection with the construction,
          completion, and occupancy of the Project not yet procured by Owner as of the
          date hereof, including, without limitation, all requisite building permits and
          temporary and permanent certificates of occupancy necessary for the construction
          and occupancy of the Project in accordance with the Approved Plans. True copies
          of all such licenses, permits, authorizations and approvals shall be delivered
          by Development Agent to Owner promptly after the same have been procured.



2


2.3.       
          Project Budget; Contingency; Progress Schedule.


     2.3.1.       
          Owner has approved the budget (the Project Budget) attached
          hereto as Exhibit C. The total costs shown on the Project Budget shall be
          referred to herein as the Project Costs. Development Agent
          shall not have the right, without Owners prior written approval, to incur
          or pay for or cause to be incurred or paid for any item of labor, materials or
          services of architects or engineers if the cost of the same would cause any
          increase in the Project Budget. All changes to the Project Budget which
          constitute an increase or decrease in any line item of the Project Budget shall
          require the prior written approval of the Owner


     2.3.2.       
          Development Agent shall review, assist and advise Owner as to all change order
          requests (a Change Order) and assist in negotiation,
          completion and execution of such change order. All Change Orders shall be
          approved by Owner in writing.


     2.3.3.       
          Attached as Exhibit D to the Construction Contract is a construction progress
          schedule (the Progress Schedule) for the Project setting
          forth the estimated dates for starting and completing the various stages of
          construction of the Project. Development Agent shall use its best efforts to
          cause the General Contractor substantially to comply with and adhere to the
          Progress Schedule. Development Agent shall incur no liability to Owner if for
          any reason it is unable, despite the use of its best efforts, to cause the
          General Contractor substantially to comply with and adhere to the Progress
          Schedule. Owner shall have the right, in its discretion, but not the obligation,
          to direct Development Agent to have work performed on an overtime basis from
          time to time.


     2.4.       
          Development Agents Duties in Connection with Project Construction.
          Development Agent shall, at Owners expense (i) cause to be purchased on
          behalf and in the name of Owner all materials and equipment for the Project in
          accordance with the Project Budget; (ii) cause the General Contractor to
          construct and complete the Project in accordance with the Construction Contract;
          (iii) cause the Project to be equipped with all fixtures, equipment and items of
          personal property required for the operation of the Project following
          completion, all substantially in accordance with the Construction Contract and
          the Approved Plans as the same may be amended from time to time as provided in
          subsection 2.1.3. The Project shall be constructed, equipped and completed in
          accordance with all applicable requirements of law, including, without
          limitation, zoning laws, ordinances and resolutions, building codes, fire,
          health and sanitary codes and the like. Without limiting the generality of the
          foregoing, Development Agents obligations under this Section 2.4 shall
          include, without limitation, the following:




3


2.4.1.       
          to oversee, manage and coordinate the construction of the Project. Owner shall
          have the right to inspect the Project as work progresses;


     2.4.2.       
          to oversee the performance and enforce the obligations of the General Contractor
          under the Construction Contract, and the Project Planners under the terms of
          their respective contracts; provided, however, that attorneys fees and
          similar expenses incurred by Development Agent with Owners prior written
          approval in connection with such enforcement shall be payable by Owner;


     2.4.3.       
          to use its best efforts to cause the Project to be completed in an expeditious
          manner, including causing the General Contractor to keep at the Project an
          adequate supply of workmen and materials;


     2.4.4.       
          to monitor the insurance status of the Project Planners and the General
          Contractor and advise Owner as to any expiration, modification, termination or
          pending termination of the respective insurance policies;


     2.4.5.       
          If requested by Owner, to cause the Contractor to procure or cause to be
          procured at the expense of Owner a performance bond, labor and material payment
          bond and a lien bond in the amount of the maximum aggregate contract sum of the
          Construction Contract, guaranteeing the performance by the General Contractor of
          the Construction Contract and payment of all costs thereof and incidental
          thereto, and to require the General Contractor to procure a performance bond,
          labor and material payment bond and a lien bond from any subcontractor which has
          one or more subcontracts for the Project with an aggregate value of $200,000 or
          more (a major subcontractor) in the amount of the maximum aggregate
          contract sum of each such subcontract guaranteeing the performance by such major
          subcontractor of its subcontract and payment of all costs thereof and incidental
          thereto. All such bond(s) shall be issued by a reputable surety company licensed
          to do business in the Commonwealth of Massachusetts and approved by Owner, shall
          name Owner and, if obtainable without additional cost, Development Agent as
          co-obligees as their respective interests may appear and shall be delivered to
          Owner;


     2.4.6.       
          subject to the prior written approval of Owner, to employ, discharge and
          supervise, or cause to be employed, discharged and, supervised, all attorneys
          and other professionals and personnel necessary to construct and complete a
          Project in accordance with the terms hereof;






     2.4.7.       
          to negotiate or to cause the General Contractor to negotiate final settlements
          with all subcontractors, mechanics and materialmen and, if any mechanics,
          materialmens or similar lien is filed with respect to the Project, to take
          such action (at the expense and with the approval of Owner), or to cause the
          General Contractor or the surety issuing the bonds provided for in subsection
          2.4.5 to take such action, as is necessary or appropriate to contest or settle
          and discharge such lien;


4


2.4.8.       
          to use its best efforts to cause the Project Planners to discover and bring to
          Owners attention any defects in the construction of the Project or in the
          installation or personal property therein prior to the expiration of any
          applicable guaranty periods;


     2.4.9.       
          to hold periodic meetings, not more frequently than bi-weekly, with Owner and/or
          its representatives to review the progress of the construction of the Project
          and to review the Project Budget and the Progress Schedule in light of actual
          experience; provided, however, that the Project Budget shall not be revised by
          Development Agent without the prior written consent of Owner. Unless otherwise
          agreed upon, all such meetings shall be held at the principal office of The
          Owner;


     2.4.10.       
          to review and approve or take other action with respect to all applications for
          payment submitted by the General Contractor, the Project Planner or others and
          to review and approve all Change Orders pursuant to Subsection 2.3.3 above;


     2.4.11.       
          to cause to be prepared in advance of each periodic meeting, reports, in such
          forms as may be reasonably required by Owner or by any lender under any
          construction loan, each of which reports shall set forth, without limitation,
          the following: (i) the costs incurred in connection with the development,
          construction and equipping of the Project, on a line by line basis as itemized
          in the Project Budget, since the last such report and on a cumulative basis from
          the commencement of such work; (ii) a comparison of costs incurred to the date
          of such report with the Project Budget; and (iii) any indicated revision of the
          Project Budget or the Progress Schedule, or both; and


     2.4.12.       
          to cause to be remedied any defects in workmanship or materials performed or
          incorporated in the Project of which Owner gives Development Agent notice within
          the applicable guaranty period under the Construction Contract, which guaranty
          period shall be not less than one year. In no event shall Development Agent have
          any obligation to cause any such defects to be remedied if notice thereof is not
          given to Development Agent within the applicable guaranty period as aforesaid.
          To the extent the cost of remedying any such defect is not paid by the General
          Contractor or any other third party, such costs shall be included as Project
          Costs and shall be paid by Owner.


     3.       
          Development Agents Compensation.


     3.1.       
          Defined Terms. As used in this Section 3, the terms set forth below shall
          have the following meanings:


5


3.1.1.       
          The term Construction Costs shall mean those Project Costs
          which are included and incurred in, or paid in connection with, the following
          line items of the Project Budget: Architecture, Mechanical, Electrical and
          Plumbing, Civil (VHB), Geotech/LSP/Testing, and
          Construction and shall include Change Orders added to the Project by
          Owner, but shall not include Excess Cost Change Order(s) as defined in the
          Excess Costs Escrow Agreement entered into by and between NetView 7, 8 and 10
          LLC and Owner dated the date hereof, which has been provided to and reviewed by
          Development Agent.






     3.1.2.       
          The term force majeure shall mean acts of God, war, civil
          commotion, embargoes, riots, strikes, picketing, governmental restrictions,
          unavailability or shortages of materials or any other cause or event which is
          beyond the control of Development Agent, the General Contractors or any other
          party obligated to perform work comprised in the construction of a Project and
          not caused by (a) the negligence of Owner, Development Agent, or (b) any
          inability to perform caused by an increase in the cost of labor or materials, a
          shortage of funds or any other cause related to Owners inability to pay
          for labor and materials,


     3.2.       
          Development Fee. As compensation for all of the services to be performed
          by Development Agent pursuant to this Agreement, Owner agrees to pay to
          Development Agent and Development Agent agrees to accept the amount of three and
          one half percent (3.5%) of Construction Costs incurred from and after the date
          hereof, which fee shall be payable as follows:
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| | Upon receipt
of monthly bills from Development Agent, the Development Fee shall be 3.5% of the prior
months bill for Construction Costs.
| | -----------------------------------------------------------------------------------------------------------------------------------------

|3.3.       
          Reimbursement for Certain Overhead. Development Agents overhead
          incurred in connection with the Project relating to the services performed by
          Development Agent under this Agreement shall be not be reimbursed by Owner,
          shall be the sole obligation of Development Agent, and shall not be deemed part
          of Project Costs.


Except as provided in this
Article 3, Owner shall not be obligated to pay Development Agent any other sum on
account of any of the services it has rendered or will render under this Agreement.


     4.       
          Term.


     4.1.       
          Duration of Term. The term of this Agreement shall commence as of the
          date of this Agreement and shall terminate on the date (the Completion
          Date) when the Project shall be complete as evidenced by the issuance
          of a certificate of final completion by the Architect for the Project, subject
          to earlier termination pursuant to this Article 4.




6


4.2.       
          Termination Rights. Notwithstanding Section 4.1 hereof, this Agreement
          may be terminated prior to the Completion Date:


     4.2.1.       
          by Owner on written notice to Development Agent in the event of the occurrence
          of any of the following:


4.2.1.1.       
a
default by Development Agent under this Agreement (including, without limitation, the
assignment by Development Agent of any of its rights or obligations under this Agreement
or the subcontracting by Development Agent of any of the services to be performed by
Development Agent hereunder except as permitted by this Agreement or if consented to by
Owner, which shall remain uncured for more than 30 days after notice thereof; provided,
however, that in the case of a default which is susceptible of being cured but not within
a period of 30 days notwithstanding due and diligent effort, such 30-day period shall be
extended to such longer period of time as is necessary to cure such default by the
exercise of due and diligent effort if such effort has commenced during such 30-day
period, but in no event more than ninety (90) days after notice; or

4.2.1.2.       
an Act of Insolvency in respect of Development Agent.  "Act of


Insolvency shall mean
the filing of a voluntary or involuntary bankruptcy, or a receiver, assignee or other
liquidating officer is appointed, or any part of such partys interest in this
Agreement is taken by execution or other process of law, or is taken upon or subjected to
any attachment by creditor of such party, if such attachment is not discharged within
twenty (20) days after being levied; or


     4.2.1.3       for Owner's convenience upon thirty (30) days prior written
notice to Development Agent, without
regard to any fault or failure to perform by Development Agent.


     4.2.2.       
          by Development Agent upon written notice to Owner in the event of the occurrence
          of any of the following:

                                      4.2.2.1        by Development Agent on written notice to Owner in the event
of the occurrence of an Act of
Insolvency in respect of Owner.

                                       4.2.2.2       for Development Agent's convenience upon thirty (30) days
prior written notice to Owner, without
regard to any fault or failure to perform by Owner.


     4.3.       
          Automatic Termination. Notwithstanding Section 4.2 hereof, this Agreement
          shall terminate immediately and automatically upon the occurrence of any of the
          following events:




7


4.3.1.       
          the sale or conveyance by Owner of the Property;


     4.3.2.       
          a taking by condemnation (whether permanent or temporary), or similar
          proceeding, of the Property, or such portion thereof as leads Owner to determine
          that the operation of a Project following completion is unlikely to be economic;
          or


     4.3.3.       
          as to the Project, the damage or destruction of all or substantially all of the
          Project by fire or other casualty following which Owner decides not to rebuild
          or complete a Project.


     4.4.       
          No Other Termination Rights. Except as otherwise provided in this Article
          4, neither Owner nor Development Agent shall have the right to terminate this
          Agreement prior to the Completion Date.


     4.5.       
          Duties Upon Termination. Upon the expiration or earlier termination of
          this Agreement:


     4.5.1.       
          Development Agent shall forthwith surrender and deliver to Owner any space in
          the Project occupied by Development Agent and shall make delivery to Owner or to
          Owners designee of any funds of owner held by Development Agent with
          respect to the Project, and of all records, plans, specifications, permits and
          other governmental approvals, purchase agreements, contracts, space leases,
          receipts for deposits, unpaid bills, lease summaries, cancelled checks, bank
          statements, paid bills and all other records, papers and documents which relate
          to the Project. In addition, Development Agent shall furnish all such
          information and take all such action as Owner shall reasonably require
          (including, without limitation, cooperating with the person or entity designated
          by owner as the new construction manager of the Project) to effectuate an
          orderly and systematic termination of Development Agents duties and
          activities under this Agreement up to and until the effective date of such
          termination; and


     4.5.2.       
          Owner shall, promptly after such expiration or termination and full performance
          by Development Agent of its obligations pursuant to Section 4.5.1 above, and
          subject to any legal rights Owner may have against Development Agent for failure
          to comply with the terms of this Agreement, pay to Development Agent any
          installment of the fees provided for in Section 3.2 and any other sums due
          Development Agent which, pursuant to the terms of this Agreement, are due and
          unpaid as at the effective date of termination of this Agreement and Development
          Agent shall cease to be entitled to receive any installment of such fees which
          falls due after the effective date of such termination.


     4.6.       
          Survival of Obligations. The provisions of Sections 4.5 hereof shall
          survive the expiration or earlier termination of this Agreement.




8


5.       
          Notices.


     5.1.       
          Method of Giving Notices. All notices, demands, elections, requests or
          other communications (collectively Notices) which either party to
          this Agreement may desire or be required to give hereunder shall be in writing
          and shall be given by registered or certified mail, postage prepaid, return
          receipt requested, or by reputable overnight delivery service, addressed as
          follows:
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| | 5.1.1.        If
to Development Agent:
| | --------------------------------------

| |                             
| | ----------------------------
| | Mr. Stephen Logan           
| | Nordblom Development Company
| | 15 Third Avenue             
| | Burlington, MA 01803        
| | T:       781-272-4000       
| | F:       781-270-0359       

| | with a copy given simultaneously in a similar manner to:
| | --------------------------------------------------------

| | 5.1.2.        If
to Owner:
| | --------------------------

| |                                   
| | ----------------------------------
| | Mr. Louis P. Valente              
| | Palomar Medical Technologies, Inc.
| | 82 Cambridge Street               
| | Burlington, MA 01803              
| | T:       781-993-2417             
| | F:       781-993-2377             

|with
a copy given simultaneously in a similar manner to:


Either of the aforementioned parties
may change its address or the individuals designated for the receipt of Notices by giving
Notice to the other in the manner provided for above. Notwithstanding the foregoing,
routine communications may be sent by first class mail, postage prepaid.


     5.2.       
          When Notices Deemed Given. All notices given as in this Article 5 shall
          be deemed to have been given or served three business days after the mailing
          thereof (in the case of notices mailed by registered or certified mail) or upon
          delivery thereof (in all other cases), with failure to accept delivery
          constituting delivery for this purpose.


     6.       
          Insurance/Indemnifications of Owner and Development Agent.




9


6.1.       
          Indemnification of Development Agent by Owner. Owner shall indemnify and
          save harmless Development Agent from and against (i) all costs and expenses
          which constitute Project Costs which are incurred by Development Agent in
          accordance with the authority granted to it in this Agreement, and (ii) all
          claims, losses and liabilities resulting from breach by Owner of its obligations
          hereunder.


     6.2.       
          Indemnification of Owner by Development Agent. Development Agent hereby
          agrees to indemnify, defend and hold harmless Owner from and against any and all
          claims, demands, losses, liabilities, actions, lawsuits and other proceedings,
          judgments and awards, and costs and expenses (including without limitation,
          reasonable attorneys fees and disbursements), arising directly or
          indirectly, in whole or in part, as a result of any act or omission of
          Development Agent which is beyond the scope of Development Agents duties
          or authorities hereunder. The provisions of this Section shall survive
          termination of this Agreement.


6.3       
Development Agents Insurance. During the term of this Agreement, Development Agent
shall maintain professional liability insurance covering the activities of Development
Agent hereunder (written on a claims-made basis) with limits reasonably acceptable to
Owner.


7.
General Provisions.


     7.1.       
          No Assignment. Development Agent shall not assign its rights or
          obligations hereunder or subcontract any of the services to be performed by
          Development Agent hereunder without the prior written consent of Owner. Neither
          this Agreement nor any of Development Agents rights or obligations
          hereunder shall be transferable in whole or in part by Development Agent or by
          operation of law without the prior written consent of Owner. Except as
          aforesaid, this Agreement shall be binding upon and inure to the benefit of the
          parties hereto and their respective heirs, executors, legal representatives,
          successors and assigns, but shall not inure to the benefit of, or be enforceable
          by, any other person or entity.


     7.2.       
          Authority of Development Agent. Development Agent shall have all
          requisite power and authority to implement the provisions of this Agreement.


     7.3.       
          Development Agent May Engage in Other Business. During the term of this
          Agreement it is expressly agreed that Development Agent may engage in any other
          business, investment or profession, including the construction, development,
          leasing or ownership of or the investment in real estate and the operation and
          management of real estate, whether located in the Commonwealth of Massachusetts,
          or elsewhere, without thereby violating any of the provisions of this Agreement
          or breaching any of Development Agents obligations hereunder.


     7.4.       
          No Oral Modification. This Agreement may not be changed or modified
          except by an agreement in writing executed by each of the parties hereto. This
          Agreement constitutes all of the understandings and agreements between the
          parties in connection with the agency herein created.




10


7.5.       
          Provisions Severable. If any term or provision of this Agreement or the
          application thereof to any person or circumstance shall to any extent be held
          invalid or unenforceable by a court of competent jurisdiction, such invalidity
          shall not affect any other provision of this Agreement or the application of the
          invalid provision in circumstances that would not be held to be invalid, it
          being agreed that the provisions of this Agreement are and shall be severable.


     7.6.       
          Rights Cumulative. All rights, privileges and remedies afforded to the
          parties by this Agreement shall be cumulative and not exclusive, and the
          exercise of any one of such remedies shall not be deemed to be a waiver of any
          other rights, remedies or privileges provided for herein or available at law or
          in equity.


     7.7.       
          Meaning of Best Efforts. Whenever in this Agreement, Development Agent is
          required to use its best efforts in taking (or not taking) a
          specified action or in accomplishing a specific result, such requirement shall
          be deemed to be the obligation on Development Agents part to act with
          reasonable prudence and diligence under the circumstances.


     7.8.       
          Governing Law. This Agreement shall be governed by and construed in
          accordance with the laws of the Commonwealth of Massachusetts applicable to
          agreements made and to be entirely performed within such State.


IN
WITNESS WHEREOF, the parties hereto have executed this Agreement as of the day and year
first above written.
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| |                                   
| | ----------------------------------
| | DEVELOPMENT AGENT:                
| |                                   
| | NORDBLOM DEVELOPMENT COMPANY, INC.
| |                                   
| |                                   
| | By:/s/Peter C. Nordblom           
| | Peter C. Nordblom                 
| | President                         

|11
|--

| |                                   
| | ----------------------------------
| | OWNER:                            
| |                                   
| | PALOMAR MEDICAL TECHNOLOGIES, INC.
| |                                   
| |                                   
| | By:/s/ Louis P. Valente           
| | Louis P. Valente                  
| | Executive Chairman                

|12


EXHIBIT A


DESCRIPTION OF PROPERTY


That certain parcel of land located
in Burlington, County of Middlesex, Commonwealth of Massachusetts, being Proposed Lot 4A
as shown on that certain plan of land entitled, Plan of Land in Burlington,
Massachusetts prepared by Vanasse Hangen Brustlin, Inc., Date Issued: July 3, 2008,
recorded with the Middlesex County (South District) Registry of Deeds as Plan No. 965 of
2008.


TOGETHER WITH the rights to pass and
repass over Network Drive, and to use Network Drive for all purposes that streets and ways
are commonly used in the Town of Burlington, Massachusetts, including installation and use
of utilities, in common with all others lawfully entitled thereto including but not
limited to rights in the Town of Burlington deriving from a Grant of Easement
recorded with said Deeds in Book 28562, Page 151.


Together with and subject to the
rights contained in that Declaration of Covenants and Cross Access and Easement Agreement
by and among NetView 1, 2, 3, 4 and 9 LLC, NetView 5 and 6 LLC, NetView 7, 8 and 10 LLC
and Bank of America, N.A., dated July 23, 2008 and recorded with said Deeds in Book 51481,
Page 562, as amended by First Amendment of Declaration of Covenants and Cross Access and
Easement Agreement dated of even date herewith and recorded with said Deeds herewith.
EXHIBIT B


DESCRIPTION OF PROJECT


The construction of a 130,317 gross
square feet building, at least 436 parking spaces on the Property and all associated
infrastructure such as drainage, landscaping, water, sewer and utilities as shown on the
Approved Plans. The Project shall include the construction on an adjacent parcel (shown on
the Plans as Relocated Parking Allocation) of a parking lot to contain 75
vehicle parking spaces.
EXHIBIT C


PROJECT BUDGET
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