Exhibit 10.32


 


HIGHWOODS REALTY DLF 98/29, LLC


(“LANDLORD”)


 


SAFETY QUICK LIGHTING & FANS CORP.


(“TENANT”)


 


OFFICE LEASE




    	 



    	 



    

TABLE OF CONTENTS


 


Article 1:Basic Definitions and Provisions


a.       Premises


b.       Term


c.        Lease Year


d.       Permitted Use


e.        Occupancy
Limitation


f.         Base
Rent


g.       Rent Payment Address


h.       Security Deposit


i.         Business
Hours


j.         After
Hours HVAC Rate


k.        Parking


l.         Notice
Addresses


m.      Broker


n.       Authorized Representative


Article 2:Leased Premises


a. Premises


b. Common Areas




Article 3:Term


a. Commencement and Expiration Dates


b. Delivery of Possession


c. Right to Occupy




Article 4:Use


a. Permitted Use


b. Prohibited Equipment in Premises




Article 5:Rent


a. Payment Obligations


b. Base Rent


c. Additional Rent




Article 6:Security Deposit


Article 7:Services by Landlord


a. Base Services


b. Landlord's Maintenance


c. No Abatement




Article 8:Tenant’s Acceptance and Maintenance
of Premises


a. Acceptance of Premises


b. Move-in Obligations


c. Tenant's Maintenance


d. Alterations to Premises


e. Restoration of Premises


f. Landlord's Performance of Tenant's Obligations


g. Construction Liens




Article 9:Property of Tenant


Article 10:Signs


Article 11:Access to Premises


a. Tenant's Access


b. Landlord's Access




Article 12:Tenant’s Compliance


Article 13:Insurance Requirements


a. Tenant's Liability Insurance


b. Tenant's Property Insurance


c. Certificates of Insurance



    	 	 	 



    	 



    




d. Insurance Policy Requirements


e. Right to Increase Requirements


f. Landlord's Property Insurance


g. Mutual Waiver of Subrogation




Article 14:Indemnity


Article 15:Quiet Enjoyment


Article 16:Subordination; Attornment; Non-Disturbance;
and Estoppel Certificate


a. Subordination and Attornment


b. Non-Disturbance


c. Estoppel Certificates


Article 17:Assignment – Sublease


a. Landlord Consent


b. Permitted Assignments/Subleases


c. Notice to Landlord


d. Prohibited Assignments/Sublease


e. Limitation on Rights of Assignee/Sublessee


f.  Tenant Not Released


g. Landlord's Right to Collect Sublease Rents Upon
Tenant Default


h. Excess Rents


i.  Landlord's Fees


Article 18:Damages to Premises


a. Landlord’s Restoration Obligations


b. Tenant’s Restoration Obligations


c. Termination of Lease by Landlord


d. Termination of Lease by Tenant


e. Rent Abatement


Article 19:Eminent Domain


a. Effect on Lease


b. Right to Condemnation Award


Article 20:Environmental Compliance


a. Tenant's Responsibility


b. Liability of the Parties


c. Inspections by Landlord




Article 21:Default


a. Tenant's Default


b. Landlord's Remedies


c. Landlord's Expenses


d. Remedies Cumulative


e. No Accord and Satisfaction


f.  No Reinstatement


g. Landlord’s Default


h. Summary Ejectment


Article 22:Multiple Defaults


a. Loss of Option Rights





b. Increased Security Deposit


Article 23:Bankruptcy


a. Trustee's Rights


b. Adequate Assurance


c. Assumption of Lease Obligations


Article 24:Notices


a. Addresses


b. Form; Delivery; Receipt


Article 25:Holding Over


Article 26:Right to Relocate



    	 	 	 



    	 



    




a. Substitute Premises


b. Upfit of Substitute Premises


c. Relocation Costs


d. Lease Terms




Article 27:Broker’s Commissions


Article 28:Anti-Terrorism Laws


Article 29:General Provisions/Definitions


a. No Agency


b. Force Majeure


c. Building Standard Improvements


d. Limitation on Damages


e. Satisfaction of Judgments Against Landlord


f. Interest


g. Legal Costs


h. Sale of Premises or Building


i. Time of the Essence


j. Transfer of Security Deposit


k. Tender of Premises


l. Tenant’s Financial Statements


m. Recordation


n. Partial Invalidity


o. Binding Effect


p. Entire Agreement; Construction


q. Good Standing


r. Choice of Law


s. Effective Date




Article 30:Special Conditions


Article 31:Addenda and Exhibits


a. Lease Addendum Number One – “Work Letter”


b. Lease Addendum Number Two – “Additional Rent
– Operating Expenses and Taxes”


c. Exhibit A – Premises


d. Exhibit B – Rules and Regulations


e. Exhibit C – Commencement Agreement


f. Exhibit D – Acceptance of Premises






    	 



    	 



    

OFFICE LEASE


 


THIS OFFICE LEASE ("Lease"), made this 24th
day of October, 2014, by and between HIGHWOODS DLF 98/29, LLC, a Delaware limited liability company (“Landlord”),
and SAFETY QUICK LIGHTING & FANS CORP., a Florida corporation (“Tenant”),
provides as follows:


 


	1.		BASIC DEFINITIONS
                                         AND PROVISIONS. The following basic definitions and provisions apply to this Lease:



	a.		Premises.Rentable
                                         Square Feet:1,290



Suite:154


Building:One Point Royal


Office Park: Royal 400 Business Park


Street Address:4400 North Point Parkway


City/County:Atlanta/Fulton


State/Zip Code:Georgia/30022


 


	b.		Term.Number
                                         of Months:53 Full Calendar Months



Commencement Date:December 1, 2014


Rent Commencement Date:December 1, 2014


Expiration Date:April 30, 2019


 


	c.		Lease Year.
                                         The term “Lease Year” shall have the following meaning: the first Lease Year
                                         shall commence as of the Commencement Date and shall end on the last day of the 12th
                                         full month thereafter. If the Commencement Date is not the first day of a calendar
                                         month, the first Lease Year shall include the partial month that includes the Commencement
                                         Date and the 12 full months immediately following the partial month. Each successive
                                         Lease Year shall be the 12-month period commencing on the day immediately following the
                                         last day of the prior Lease Year except for any shorter period necessitated by the expiration
                                         or earlier termination of the Lease.



	d.		Permitted
                                         Use. General office use



	e.		Occupancy Limitation.No
                                         more than 4 persons per 1,000 rentable square feet of the Premises.



	f.		Base Rent.
                                         The minimum base rent for the Term is $97,265.53, payable in monthly installments on
                                         the 1st day of each month in accordance with the following Base Rent Schedule:



	MONTHS	PER
    RENTABLE SQUARE FOOT	MONTHLY
    RENT	PERIOD
    RENT
	12/01/14
    – 09/30/15	$  8.90*	$  956.75*	$9,567.50
	10/01/15
    – 11/30/15	$17.80	$1,913.50	$3,827.00
	12/01/15
    – 11/30/16	$18.33	$1,970.91	$23,650.92
	12/01/16
    – 11/30/17	$18.88	$2,030.04	$24,360.48
	12/01/17
    – 11/30/18	$19.45	$2,090.94	$25,091.28
	12/01/18
    – 04/30/19	$20.03	$2,153.67	$10,768.35
	 	 	CUMULATIVE
    BASE RENT   $97,265.53


* Landlord is agreeing to waive one-half of minimum Base Rent
for the first ten (10) months of the Term; and the Base Rent for such period otherwise would have been $1,913.50 per month. Accordingly,
Landlord has agreed to conditionally waive receipt of $9,567.50 (the “Conditionally Waived Rent”) subject to Tenant’s
compliance with all terms and provisions of this Lease. In the event of any default by Tenant under this Lease that is not cured
within any relevant grace or cure period, all of the Conditionally Waived Rent, or so much of it as would have by then accrued
but for such conditional waiver, may then, at Landlord’s option exercised by written notice to Tenant, become immediately
due and payable; and Base Rent shall prospectively accrue as if there had been no agreement as to the Conditionally Waived Rent.
Upon expiration of this Lease, without any such uncured default and acceleration, the Conditionally Waived Rent shall be permanently
forgiven.



    	 	 	 



    	 



    




	g.		Rent Payment
                                         Address. HIGHWOODS DLF 98/29, LLC



P.O. Box 409419


Atlanta, Georgia 30384


Tax ID #: 56-2124217


 


	h.		Security Deposit. One month’s base rental, or $1,913.50



	i.		Business Hours. 8:00 A.M. to 6:00 P.M. Monday through Friday (excluding New
Year’s Day, Memorial Day, Independence Day, Labor Day, Thanksgiving Day, and Christmas Day).





	j.		After Hours HVAC Rate. $50.00 per hour, per zone, with a minimum of four (4)
hours per occurrence provided Tenant has requested (during normal business hours) after hours HVAC at least four (4) business
hours in advance.





	k.		Parking. Unreserved and nonexclusive; not to exceed 4 spaces per 1,000 rentable
square feet.





	l.		Notice Addresses.



LANDLORD:HIGHWOODS DLF 98/29,
LLC


c/o Highwoods Properties, Inc.


2200 Century Parkway, Suite 800


Atlanta, Georgia 30345


Attn: Manager, Lease Administration





with a copy to:Highwoods Properties,
Inc.


3100 Smoketree
Court, Suite 600


Raleigh, North
Carolina 27604


Attn: Manager,
Lease Administration and Legal Department


 


TENANT: SAFETY QUICK LIGHTING
& FANS CORP.


4400 North
Point Parkway, Suite 154


Atlanta, Georgia
30022


Attn:Patty
Barron


Facsimile#:
_____________________


 


	m.		BrokerAvison Young – Atlanta, LLC



30 Ivan Allen
Jr. Boulevard, NW, Suite 900


Atlanta, Georgia
30308


Attn:Doug
Eidson


Facsimile #: 404-855-3689


 


	n.		Authorized Representative:Patty Barron



	2.		LEASED PREMISES.



	a.		Premises. Landlord leases to Tenant and Tenant leases from Landlord the Premises
identified in Section 1a and as more particularly shown on Exhibit A, attached hereto. The parties acknowledge that all square
foot measurements are approximate and agree that the square footage figures in Section 1a shall be conclusive for all purposes
with respect to this Lease.






	b.		Common Areas. Tenant shall have non-exclusive access to those portions of the
Building not set aside for leasing to tenants or reserved for Landlord’s exclusive use, including, but not limited to, entrances,
hallways, lobbies, elevators, restrooms, walkways, parking areas and structures, and plazas, if any (“Common Areas”).
Landlord has the exclusive right to (i) designate the Common Areas, (ii) change the designation of any Common Area and otherwise
modify the Common Areas, and (iii) permit special use of the Common Areas, including temporary exclusive use for special occasions.
Tenant shall not interfere with the rights of others to use the Common Areas. All use of the Common Areas shall be subject to
any rules and regulations reasonably promulgated by Landlord.




    	 	 	 



    	 



    
	3.		TERM.



	a.		Commencement and Expiration Dates. The Lease Term commences on the Commencement
Date and expires on the Expiration Date, as set forth in Section 1b. The Commencement Date and Expiration Date shall be adjusted
as follows:



	i.		If Tenant requests possession of the Premises prior to the Commencement Date, and
Landlord consents, the Commencement Date shall be the date of possession. All Rent (as hereafter defined) and other obligations
under this Lease shall begin on the date of possession, but the Expiration Date shall remain the same; provided, however, that
if the Rent Commencement Date set forth in Section 1b is different than the Commencement Date, then the Rent Commencement Date
shall be adjusted so as to maintain the same amount of time between the Rent Commencement Date and the earlier Commencement Date,
and Tenant’s obligation to pay Rent shall begin on the adjusted Rent Commencement Date.



	ii.		If Landlord, for any reason, cannot deliver possession of the Premises to Tenant on
the Commencement Date, then the Commencement Date, Expiration Date, and all other dates that may be affected by their change,
shall be revised to conform to the date of Landlord's delivery of possession of the Premises to Tenant. Any such delay shall not
relieve Tenant of its obligations under this Lease, and neither Landlord nor Landlord's agents shall be liable to Tenant for any
loss or damage resulting from the delay in delivery of possession. Notwithstanding the foregoing, in the event Landlord is unable
to deliver possession of the Premises within 90 days after the original Commencement Date set forth in Section 1b (excluding any
delays resulting from force majeure or caused by Tenant – “Excused Delays”), then Tenant may terminate this
Lease by giving notice to Landlord within 100 days of the original Commencement Date (excluding Excused Delays). Tenant may not
terminate the Lease, however, if it has taken possession of any part of the Premises.



	iii.		At Landlord’s election, the Commencement Date and Expiration Date may be set
forth in a Commencement Agreement similar to Exhibit C, attached hereto, to be prepared by Landlord and promptly executed
by the parties.



	b.		Delivery of Possession. Unless otherwise specified in the Workletter attached
as Lease Addendum Number One, “delivery of possession” of the Premises shall mean the earlier of: (i) the date Landlord
has the Premises ready for occupancy by Tenant, or (ii) the date Landlord could have had the Premises ready had there been no
delays attributable to Tenant.



	c.		Right to Occupy. Prior to occupancy of the Premises, Tenant’s Authorized
Representative shall execute an Acceptance of Premises similar to Exhibit D attached hereto, to be prepared by Landlord
and executed by the parties. Tenant shall not occupy the Premises until Tenant has complied with all of the following requirements
to the extent applicable under the terms of this Lease: (i) delivery of all certificates of insurance, (ii) payment of any required
Security Deposit, (iii) execution and delivery of any required Guaranty of Lease, and (iv) if Tenant is an entity, receipt of
resolutions depicting the authority of the party/individual signing on behalf of Tenant and a good standing certificate from the
State where it was organized and a certificate of authority to do business in the State in which the Premises are located (if
different). Tenant’s failure to comply with these (or any other conditions precedent to occupancy under the terms of this
Lease) shall not delay the Commencement Date.



	4.		USE.



	a.		Permitted Use. The Premises may be used only for general office purposes in
connection with Tenant’s Permitted Use as defined in Section 1d and in accordance with the Occupancy Limitation as set forth
in Section 1e. Tenant shall not use the Premises:






	i.		In violation of any restrictive covenants which apply to the Premises;



	ii.		In any manner that constitutes a nuisance or trespass or disturb other tenants in
the Building or Office Park, as applicable;



	iii.		In any manner which increases any insurance premiums, or makes such insurance unavailable
to Landlord on the Building; provided that, in the event of an increase in Landlord's insurance premiums which results from Tenant's
use of the Premises, Landlord may elect to permit the use and charge Tenant for the increase in premiums, and Tenant’s failure
to pay Landlord the amount of such increase within 10 days after receipt of Landlord’s written demand shall be an event
of default;




    	 	 	 



    	 



    
	iv.		In any manner that creates unusual demands for electricity, heating or air conditioning;
or



	v.		For any purpose except the Permitted Use, unless consented to by Landlord in writing.



	b.		Prohibited Equipment in Premises. Tenant shall not use or install any equipment
in the Premises that places unusual demands on the electrical, heating or air conditioning systems (“High Demand Equipment”)
without Landlord’s prior written consent. No such consent will be given if Landlord determines, in its opinion, that such
High Demand Equipment may not be safely used in the Premises or that electrical service is not adequate to support the High Demand
Equipment. Landlord’s consent may be conditioned, without limitation, upon separate metering of the High Demand Equipment
and Tenant’s payment of all engineering, equipment, installation, maintenance, removal and restoration costs and utility
charges associated with the High Demand Equipment and the separate meter, as well as administrative costs as provided below. If
High Demand Equipment used in the Premises by Tenant affects the temperature otherwise maintained by the heating and air conditioning
system, Landlord shall have the right to install supplemental air conditioning units in the Premises and/or require Tenant to
use any existing supplemental units serving the Premises. If supplemental units are required by Landlord pursuant to the foregoing
sentence, or if Tenant requests the installation and/or use of any supplemental use of any supplemental units, then the cost of
engineering, installation, operation and maintenance of the units shall be paid by Tenant. All costs and expenses relating to
High Demand Equipment and Landlord’s administrative costs (such as reading meters and calculating invoices) shall be Additional
Rent, payable by Tenant in accordance with Section 7b.



	5.		RENT.



	a.		Payment Obligations. Beginning on the Rent Commencement Date, Tenant shall
pay Base Rent and Additional Rent (collectively, “Rent”) on or before the first day of each calendar month during
the Term, as follows:



	i.		Rent payments shall be sent to the Rent Payment Address set forth in Section 1g.



	ii.		Rent shall be paid without previous demand or notice and without set off or deduction.
Tenant's obligation to pay Rent under this Lease is completely separate and independent from any of Landlord's obligations under
this Lease. Any payment by Tenant or acceptance by Landlord of a lesser amount than shall be due from Tenant to Landlord shall
be treated as a payment on account. The acceptance by Landlord of a check or other draft for a lesser amount with an endorsement
or statement thereon, or upon any letter accompanying such check, that such lesser amount is payment in full shall be given no
effect, and Landlord may accept such check or draft without prejudice to any other rights or remedies which Landlord may have
against Tenant.



	iii.		If the Rent Commencement Date is a day other than the first day of a calendar month,
then Rent for such month shall be (i) prorated for the period between the Rent Commencement Date and the last day of the month
in which the Rent Commencement Date falls, and (ii) due and payable on the Rent Commencement Date.



	iv.		If Rent is not received within five days of the due date, Landlord shall be entitled
to an overdue payment fee in the amount of the greater of $10.00 or five percent (5%) of all Rent due.



	v.		If Landlord presents Tenant's check to any bank and Tenant has insufficient funds
to pay for such check, then Landlord shall be entitled to the maximum lawful bad check fee or five percent (5%) of the amount
of such check, whichever amount is less.






	b.		Base Rent. Tenant shall pay Base Rent as set forth in Section 1f.



	c.		Additional Rent. In addition to Base Rent, Tenant shall pay as rent all sums
and charges due and payable by Tenant under this Lease (“Additional Rent”), including, but not limited to, Tenant's
Proportionate Share of the increase in Operating Expenses and Taxes as set forth in Lease Addendum Number Two.




    	 	 	 



    	 



    
	6.		SECURITY DEPOSIT. Simultaneously with Tenant’s execution and delivery
of the Lease, Tenant shall deposit with Landlord a Security Deposit in the amount set forth in Section 1h. Landlord shall retain
the Security Deposit as security for the performance by Tenant of all of its Lease obligations. The Security Deposit shall not
bear interest and may be commingled with other funds. If Tenant at any time fails to perform any of its obligations under this
Lease, including, without limitation, its Rent or other payment obligations, its restoration obligations, or its insurance and
indemnity obligations, then Landlord, may, at its option, apply the Security Deposit (or any portion) to cure Tenant's default
or to pay for damages caused by Tenant’s default. If the Lease has been terminated, then Landlord may apply the Security
Deposit (or any portion) against the damages incurred as a consequence of Tenant’s breach. The application of the Security
Deposit shall not limit Landlord’s remedies for default under the terms of this Lease. If Landlord depletes the Security
Deposit, in whole or in part, prior to the Expiration Date or any termination of this Lease, then Tenant shall restore immediately
the amount so used by Landlord. Within 30 days after the expiration or earlier termination date of this Lease, Landlord shall
refund to Tenant any unused portion of the Security Deposit after first deducting the amounts, if any, necessary to cure any outstanding
default of Tenant, to pay any outstanding damages for Tenant’s breach of the Lease, or to restore the Premises to the condition
to which Tenant is required to leave the Premises upon the expiration or termination of the Lease. Landlord shall deliver the
unused portion of the Security Deposit to Tenant’s Notice Address set forth in Section 1l above. If Tenant’s Notice
Address is the address for the Premises, then Tenant shall notify Landlord in writing of a forwarding address to which Landlord
should send the Security Deposit. If: (a) Landlord sends the unused portion of the Security Deposit to Tenant’s Notice Address
or, if applicable, the forwarding address as directed by Tenant; (b) the Security Deposit is returned to Landlord as “undeliverable”
for any reason other than an error by Landlord or the mail courier; and (c) Landlord, after using its best efforts, is unable
to locate Tenant within 90 days thereafter, then Tenant shall be deemed to have waived any rights Tenant has to the unused portion
of the Security Deposit, and Landlord may retain the Security Deposit for its own use. Tenant may not credit any unused portion
of the Security Deposit against Rent owed under the Lease.



	7.		SERVICES BY LANDLORD.



	a.		Base Services. Provided that Tenant is not then in default beyond any applicable
cure period, Landlord shall cause to be furnished to the Building, or as applicable, the Premises, in common with other tenants
the following services:



	i.		Water (if available from city mains) for drinking, lavatory and toilet purposes.



	ii.		Electricity (if available from the utility supplier) for the building standard fluorescent
lighting and for the operation of general office machines.



	iii.		Building standard fluorescent lighting composed of 2' x 4' fixtures; Tenant shall
service, replace and maintain at its own expense any incandescent fixtures, table lamps, or lighting other than the Building Standard
fluorescent light, and any dimmers or lighting controls other than controls for the building standard fluorescent lighting.



	iv.		Heating and air conditioning for the reasonably comfortable use and occupancy of the
Premises during Business Hours as set forth in Section 1i.



	v.		After Business Hours, weekend and holiday heating and air conditioning at the After
Hours HVAC rate set forth in Section 1j, with such charges subject to commercially reasonable annual increases as determined by
Landlord.



	vi.		Janitorial services five days a week (excluding National and State holidays) after
Business Hours.



	vii.		A reasonable pro-rata share of the unreserved, nonexclusive parking spaces of the
Building, not to exceed the Parking specified in Section 1k, for use by Tenant's employees and visitors in common with the other
tenants and their employees and visitors.







    	 	 	 



    	 



    
	b.		Landlord’s Maintenance. Landlord shall make all repairs and replacements
to the Building (including Building fixtures and equipment), Common Areas and Building Standard Improvements in the Premises,
except for repairs and replacements that Tenant must make under Article 8. Landlord shall not be obligated to repair or maintain
Non-Standard Improvements (as defined in this Lease). Landlord’s maintenance shall include the roof, foundation, exterior
walls, interior structural walls, all structural components, and all Building systems, such as mechanical, electrical, HVAC, and
plumbing. Repairs or replacements shall be made within a reasonable time (depending on the nature of the repair or replacement
needed) after receiving notice from Tenant or Landlord having actual knowledge of the need for a repair or replacement.



Notwithstanding
the foregoing or any provision herein to the contrary, in the event that any supplemental air conditioning units are installed
in the Premises pursuant to Section 4.b above by or on behalf of Tenant, at Tenant’s request or by Landlord, Tenant shall
be solely responsible for all costs associated with the installation, operation, maintenance, repair and replacement of the supplemental
units, including, without limitation, all electrical costs associated with the supplemental units, which shall be separately metered
and due and payable by Tenant within 10 days after receipt of Landlord’s invoice. Notwithstanding the foregoing, any supplemental
units that are two tons or less shall not be separately metered; instead, Tenant shall reimburse Landlord on a monthly basis for
the costs and expenses associated with electrical service for each of these units (the “HVAC Reimbursement”). The
monthly HVAC Reimbursement shall be Additional Rent and shall be due and payable at the same time and in the same manner as monthly
Base Rent. The amount of the monthly HVAC Reimbursement for each unit shall be determined according to the following formula:


 


(# tons of the supplemental
unit) x (1.5 kW/ton) x (500 hours) x (Average Rate/kWh) = monthly HVAC Reimbursement per unit


 


The Average
Rate/kWh is a fraction, the numerator of which is the average cost of electricity billed to Landlord by the applicable utility
provider during the applicable billing cycle, and the denominator of which is the total kWh consumed at the Building during that
same billing cycle. Landlord shall have the right to adjust the monthly HVAC Reimbursement annually based on the Average Rate/kWh
for the preceding 12-month period, and Landlord shall notify Tenant in writing of the adjustment. With respect to determining
the Average Rate/kWh for any newly constructed buildings, the Average Rate/kWh for the first 12 months following the completion
of the new building shall be the average of the Average Rate/kWh for all of the buildings owned by Landlord or its affiliates
in the greater Atlanta, Georgia area for the billing cycle immediately preceding the completion of the new building; thereafter,
the Average Rate/kWh for the new building shall be determined and adjusted as set forth above.


 


	c.		No Abatement. There shall be no abatement or reduction of Rent by reason of
any of the foregoing services not being continuously provided to Tenant. Landlord shall have the right to shut down the Building
systems (including electricity and HVAC systems) for required maintenance and safety inspections, and in cases of emergency.



	8.		TENANT'S ACCEPTANCE AND MAINTENANCE OF PREMISES.



	a.		Acceptance of Premises. Except as expressly provided otherwise in this Lease,
Tenant’s occupancy of the Premises is Tenant’s representation to Landlord that (i) Tenant has examined and inspected
the Premises, (ii) finds the Premises to be as represented by Landlord and satisfactory for Tenant's intended use, and (iii) constitutes
Tenant's acceptance of the Premises "as is". Landlord makes no representation or warranty as to the condition of the
Premises except as specifically set forth elsewhere in this Lease.




    	 	 	 



    	 



    
	b.		Move-In Obligations. Tenant shall schedule its move-in with the Landlord’s
Property Manager. Unless otherwise approved by Landlord’s Property Manager, move-in shall not take place during Business
Hours. Prior to the move-in, Tenant must provide the name, address and contact information for Tenant’s moving company,
and the moving company must comply with Landlord’s requirements, including insurance. During Tenant’s move-in, a representative
of Tenant must be on-site with Tenant’s moving company to insure proper treatment of the Building and the Premises. Elevators,
entrances, hallways and other Common Areas must remain in use for the general public during business hours. Any specialized use
of elevators or other Common Areas must be coordinated with Landlord’s Property Manager. Tenant must properly dispose of
all packing material and refuse in accordance with the Rules and Regulations. Any damage or destruction to the Building or the
Premises caused by Tenant or its moving company, employees, agents or contractors during Tenant’s move-in will be the sole
responsibility of Tenant.



	c.		Tenant’s Maintenance. Tenant shall: (i) keep the Premises and fixtures
in good order; (ii) repair and replace Non-Standard Improvements installed by or at Tenant's request that serve the Premises (unless
the Lease is ended because of casualty loss or condemnation); and (iii) not commit waste. “Non-Standard Improvements”
means such items as (i) High Demand Equipment and separate meters, (ii) all wiring and cabling from the point of origin to the
termination point, (iii) raised floors for computer or communications systems, (iv) telephone equipment, security systems, and
UPS systems, (iv) equipment racks, (v) alterations installed by or at the request of Tenant after the Commencement Date, (vi)
equipment installed in a kitchen, kitchenette or break room within the Premises, including any ice machine, refrigerator, dishwasher,
garbage disposal, coffee machine and microwave, sink and related faucets, water filter and water purification system, (vii) kitchen
drain lines; and (ix) any other improvements that are not part of the Building Standard Improvements, including, but not limited
to, special equipment, decorative treatments, lights and fixtures and executive restrooms.



	d.		Alterations to Premises. Tenant shall make no structural or interior alterations
to the Premises without the prior written approval of Landlord. If Tenant requests alterations, Tenant shall provide Landlord
with a complete set of construction drawings. If the requested alterations are approved by Landlord, then Landlord shall determine
the actual cost of the work to be done [to include a construction supervision fee of ten percent (10%)]. Tenant may then either
agree to pay Landlord to have the work done or withdraw its request for alterations. The construction supervision fee for the
initial tenant improvements shall be as provided in the attached Workletter, if any.



	e.		Restoration of Premises. At the expiration or earlier termination of this Lease,
Tenant shall (i) deliver each and every part of the Premises in good repair and condition, ordinary wear and tear and damage by
insured casualty excepted, and (ii) restore the Premises at Tenant's sole expense to the same condition as existed at the Commencement
Date, ordinary wear and tear and damage by insured casualty excepted. If Tenant has required or installed Non-Standard Improvements,
such improvements shall be removed as part of Tenant’s restoration obligation. Landlord, however, may grant Tenant the right
to leave any Non-Standard Improvements in the Premises if at the time of such Non-Standard Improvements were installed, Landlord
agreed in writing that Tenant could leave such improvements. Tenant shall repair any damage caused by the removal of any Non-Standard
Improvements.



	f.		Landlord’s Performance of Tenant’s Obligations. If Tenant does
not perform its maintenance or restoration obligations in a timely manner, commencing the same within five days after receipt
of notice from Landlord specifying the work needed, and thereafter diligently and continuously pursuing the work until completion,
then Landlord shall have the right, but not the obligation, to perform such work on Tenant’s behalf. Any amounts expended
by Landlord on such maintenance or restoration shall be Additional Rent to be paid by Tenant to Landlord within 10 days after
demand.




    	 	 	 



    	 



    
	g.		Construction Liens. Tenant shall keep Landlord’s property, including,
without limitation, the Premises, Building, Common Areas and real estate upon which the Building and Common Areas are situated
(collectively “Landlord’s Property”), free from any liens arising out of any work performed, materials furnished,
or obligations incurred by or on behalf of Tenant. Should any lien or claim of lien be filed against Landlord’s Property
by reason of any act or omission of Tenant or any of Tenant’s agents, employees, contractors or representatives, then Tenant
shall cause the same to be canceled and discharged of record by bond or otherwise within 10 days after the filing thereof. Should
Tenant fail to discharge the lien within 10 days, then Landlord may discharge the lien. The amount paid by Landlord to discharge
the lien (whether directly or by bond), plus all administrative and legal costs incurred by Landlord, shall be Additional Rent
payable by Tenant within 10 days after receipt of Landlord’s written demand. The remedies provided herein shall be in addition
to all other remedies available to Landlord under this Lease or otherwise.



	9.		PROPERTY OF TENANT. Tenant shall pay when due all taxes levied or assessed
upon Tenant's equipment, fixtures, furniture, leasehold improvements and personal property located in the Premises. Provided Tenant
is not in default, Tenant may remove all fixtures and equipment which it has placed in the Premises; provided, however, Tenant
must repair all damages caused by such removal. If Tenant does not remove its property from the Premises upon the expiration or
earlier termination (for whatever cause) of this Lease, such property shall be deemed abandoned by Tenant, and Landlord may dispose
of the same in whatever manner Landlord may elect without any liability to Tenant.



	10.		SIGNS. Tenant may not erect, install or display any sign or advertising material
upon the exterior of the Building or Premises (including any exterior doors, walls or windows) without the prior written consent
of Landlord, which consent may be withheld in Landlord’s sole discretion. Door and directory signage shall be provided and
installed by the Landlord in accordance with building standards at Tenant’s expense, unless otherwise provided in the Workletter
attached as Lease Addendum Number One.



	11.		ACCESS TO PREMISES.



	a.		Tenant’s Access. Tenant, its agents, employees, invitees, and guests,
shall have access to the Premises and reasonable ingress and egress to the Common Areas of the Building 24 hours a day, seven
days a week; provided, however, Landlord by reasonable regulation may control such access for the comfort, convenience, safety
and protection of all tenants in the Building, or as needed for making repairs and alterations. Tenant shall be responsible for
providing access to the Premises to its agents, employees, invitees and guests after Business Hours and on weekends and holidays,
but in no event shall Tenant’s use of and access to the Premises during non-Business Hours compromise the security of the
Building.



	b.		Landlord’s Access. Landlord shall have the right to enter the Premises
at any time without notice in the event of an emergency. Additionally, Landlord shall have the right, at all reasonable times
and upon reasonable oral notice, either itself or through its authorized agents, to enter the Premises (i) to make repairs, alterations
or changes that Landlord is permitted or required to make pursuant to the terms of this Lease, (ii) to inspect the Premises, mechanical
systems and electrical devices, and (iii) to show the Premises to prospective mortgagees and purchasers. Within 180 days prior
to the Expiration Date, Landlord shall have the right, either itself or through its authorized agents, to enter the Premises at
all reasonable times to show prospective tenants. Except in cases of emergency, Landlord shall use reasonable efforts to minimize
any interruption to Tenant’s business operations during any entry by Landlord into the Premises.



	12.		TENANT’S COMPLIANCE. Tenant shall comply with all applicable laws, ordinances
and regulations affecting the Premises, whether now existing or hereafter enacted. Tenant shall comply with the Rules and Regulations
attached as Exhibit B. The Rules and Regulations may be modified from time to time by Landlord, effective as of the date
delivered to Tenant or posted on the Premises, provided such rules are reasonable in scope and uniformly applicable to all tenants
in the Building. Any conflict between this Lease and the Rules and Regulations shall be governed by the terms of this Lease.




    	 	 	 



    	 



    
	13.		INSURANCE REQUIREMENTS.



	a.		Tenant’s Liability Insurance. Throughout the Term, Tenant, at its sole
cost and expense, shall keep or cause to be kept for the mutual benefit of Landlord, Landlord's Property Manager, and Tenant,
Commercial General Liability Insurance (1986 ISO Form or its equivalent) with a combined single limit, each Occurrence and General
Aggregate-per location, of at least $2,000,000.00, which policy shall insure against liability of Tenant, arising out of and in
connection with Tenant's use of the Premises, and which shall insure the indemnity provisions contained in this Lease. Landlord
and its managing agent shall be named as an Additional Insured on any and all liability insurance policies required under this
Lease.



	b.		Tenant’s Property Insurance. Tenant, at its own cost and expense, shall
also carry the equivalent of ISO Special Form Property Insurance on Tenant’s Property for full replacement value and with
coinsurance waived. For purposes of this provision, “Tenant’s Property” shall mean Tenant’s personal property
and fixtures, and any improvements to the Premises that were paid for by Tenant (and were not provided to the Premises pursuant
to a tenant improvement allowance provided to Tenant by Landlord or at Landlord’s cost).



	c.		Certificates of Insurance. Prior to taking possession of the Premises, and
annually thereafter, Tenant shall deliver to Landlord certificates or other evidence of insurance satisfactory to Landlord. If
Tenant fails to provide Landlord with certificates or other evidence of insurance coverage, Landlord may obtain the required coverage
on Tenant’s behalf, in which event the cost of such coverage shall be Additional Rent due and payable by Tenant within 10
days after receipt of Landlord’s written demand.



	d.		Insurance Policy Requirements. Tenant’s insurance policies required by
this Lease shall: (i) be issued by insurance companies licensed to do business in the state in which the Premises are located
with a general policyholder's ratings of at least A- and a financial rating of at least VI in the most current Best's Insurance
Reports available on the Commencement Date, or if the Best's ratings are changed or discontinued, the parties shall agree to a
comparable method of rating insurance companies; (ii) endorsed to be primary to all insurance available to Landlord, with Landlord’s
being excess, secondary or noncontributory; (iii) contain only standard and/or usual exclusions or restrictions; (iv) have a deductible
or self-insured retention of no more than $50,000.00 unless approved in writing by Landlord; and (v) provide that the policies
cannot be canceled, non-renewed, or coverage reduced except after at least 30 days' prior notice to Landlord. All deductibles
and/or retentions shall be paid by, assumed by, for the account of, and at Tenant’s sole risk. Tenant may provide the insurance
required by virtue of the terms of this Lease by means of a policy or policies of blanket insurance so long as: (a) the amount
of the total insurance allocated to the Premises under the terms of the blanket policy or policies furnishes protection equivalent
to that of separate policies in the amounts required by the terms of this Lease; and (b) the blanket policy or policies comply
in all other respects with the requirements of this Lease.



	e.		Right to Increase Requirements. Landlord shall have the right, upon prior notice
to Tenant but no more than once every three years during the Term, to require Tenant to increase the limit and coverage amount
of any insurance Tenant is required to maintain under this Lease to an amount that Landlord or its mortgagee, in the reasonable
judgment of either, may deem sufficient, provided that the increased limits are reasonable and consistent with those required
by other owners of similar office buildings in the same geographic region.



	f.		Landlord’s Property Insurance. Landlord shall keep the Building, including
the improvements (but excluding Tenant’s Property), insured against damage and destruction by perils insured by the equivalent
of ISO Special Form Property Insurance for full replacement value.




    	 	 	 



    	 



    
	g.		Mutual Waiver of Subrogation. Anything in this Lease to the contrary notwithstanding,
Landlord hereby releases and waives unto Tenant (including all partners, stockholders, officers, directors, employees and agents
thereof), its successors and assigns, and Tenant hereby releases and waives unto Landlord (including all partners, stockholders,
officers, directors, employees and agents thereof), its successors and assigns, all rights to claim damages for any injury, loss,
cost or damage to persons or to the Premises or any other casualty, as long as the amount of such injury, loss, cost or damage
has been paid either to Landlord, Tenant, or any other person, firm or corporation, under the terms of any Property, General Liability,
or other policy of insurance, to the extent such releases or waivers are permitted under applicable law. As respects all policies
of insurance carried or maintained pursuant to this Lease and to the extent permitted under such policies, Tenant and Landlord
each waive the insurance carriers’ rights of subrogation. For purposes of this provision, insurance proceeds paid to either
party shall be deemed to include any deductible or self-insurance retention amount for which that party is responsible. A party’s
failure to obtain or maintain any insurance coverage required to be carried pursuant to the terms of this Lease shall not negate
the waivers and releases set forth herein as long as the insurance that the party failed to obtain or maintain would have covered
the loss or damage for which the party is waiving its claims. Nothing in this provision shall be deemed a waiver or release by
Landlord of its right to claim, demand and collect insurance proceeds directly from Tenant’s insurer pursuant to Landlord’s
status as an additional insured under any insurance policy Tenant is required to carry pursuant to the terms of this Lease.



	14.		INDEMNITY. Subject to the insurance requirements, releases and mutual waivers
of subrogation set forth in this Lease, and except to the extent caused by Landlord’s negligence or willful misconduct,
Tenant shall indemnify, defend and hold Landlord harmless from and against any and all claims, damages, losses, liabilities, lawsuits,
costs and expenses (including attorneys' fees at all tribunal levels) arising out of or related to (i) any activity, work, or
other thing done, permitted or suffered by Tenant in or about the Premises or the Building, (ii) any breach or default by Tenant
in the performance of any of its obligations under this Lease, or (iii) any act or neglect of Tenant, or any officer, agent, employee,
contractor, servant, invitee or guest of Tenant. Subject to the insurance requirements, releases and mutual waivers of subrogation
set forth in this Lease, and except to the extent caused by Tenant’s negligence or willful misconduct, Landlord shall indemnify
and hold Tenant harmless from and against any and all claims, damages, losses, liabilities, lawsuits, costs and expenses (including
attorneys' fees at all tribunal levels) arising out of or related to (a) any activity, work, or other thing done, permitted or
suffered by Landlord in or about the Common Areas or the Building, (b) any breach or default by Landlord in the performance of
any of its obligations under this Lease, or (c) any act or neglect of Landlord, or any officer, agent, employee, contractor or
servant of Landlord.



	15.		QUIET ENJOYMENT. Tenant shall have quiet enjoyment and possession of the Premises,
provided Tenant promptly and fully complies with all of its obligations under this Lease. No action of Landlord working in other
space in the Building, or in repairing or restoring the Premises in accordance with it obligations hereunder, shall be deemed
a breach of this covenant.



	16.		SUBORDINATION AND ATTORNMENT; NON-DISTURBANCE; AND ESTOPPEL CERTIFICATE.



	a.		Subordination and Attornment. Tenant agrees to execute within 10 days after
request to do so from Landlord or its mortgagee (to include a grantee of a security deed) an agreement:



	i.		Making this Lease superior or subordinate to the interests of the mortgagee;



	ii.		Agreeing to attorn to the mortgagee;



	iii.		Giving the mortgagee notice of, and a reasonable opportunity (which shall in no event
be less than 30 days after notice thereof is delivered to mortgagee) to cure any Landlord default and agreeing to accept such
cure if effected by the mortgagee;



	iv.		Permitting the mortgagee (or other purchaser at any foreclosure sale), and its successors
and assigns, on acquiring Landlord's interest in the Premises and the Lease, to become substitute Landlord hereunder, with liability
only for such landlord obligations as accrue after Landlord's interest is so acquired;



	v.		Agreeing to attorn to any successor landlord; and



	vi.		Containing such other agreements and covenants on Tenant's part as Landlord's mortgagee
may reasonably request.




    	 	 	 



    	 



    
	b.		Non-Disturbance. Tenant’s obligation to subordinate its interests or
attorn to any mortgagee is conditioned upon the mortgagee’s agreement not to disturb Tenant’s possession and quiet
enjoyment of the Premises under this Lease so long as Tenant is in compliance with the terms of the Lease.



	c.		Estoppel Certificates. Tenant agrees to execute within five business days after
request, and as often as reasonably requested, estoppel certificates confirming any factual matter requested by Landlord which
is true and is within Tenant's knowledge regarding this Lease, and the Premises, including but not limited to: (i) the date of
occupancy, (ii) Expiration Date, (iii) the amount of Rent due and date to which Rent is paid, (iii) whether Tenant has any defense
or offsets to the enforcement of this Lease or the Rent payable, (iv) any default or breach by Landlord, and (v) whether this
Lease, together with any modifications or amendments, is in full force and effect.



	17.		ASSIGNMENT – SUBLEASE.



	a.		Landlord Consent. Except as provided in subsection (b) below, Tenant may not
assign or encumber this Lease or its interest in the Premises arising under this Lease, and may not sublet all or any part of
the Premises, without first obtaining the written consent of Landlord, which consent shall not be withheld unreasonably. One consent
shall not be the basis for any further consent.



	b.		Permitted Assignments/Subleases. Notwithstanding the foregoing, Tenant may
assign this Lease or sublease part or all of the Premises without Landlord's consent to: (i) any corporation, limited liability
company, or partnership that controls, is controlled by, or is under common control with, Tenant at the Commencement Date; or
(ii) any corporation or limited liability company resulting from the merger or consolidation with Tenant or to any entity that
acquires all of Tenant's assets as a going concern of the business that is being conducted on the Premises; provided, however,
the assignor remains liable under the Lease and the assignee or sublessee is a bona fide entity and assumes the obligations of
Tenant, is as creditworthy as the Tenant, and continues the same Permitted Use as provided under Article 4.



	c.		Notice to Landlord. Landlord must be given prior written notice of every assignment
or subletting, and failure to do so shall be a default hereunder.



	d.		Prohibited Assignments/Subleases. In no event shall this Lease be assignable
by operation of any law, and Tenant's rights hereunder may not become, and shall not be listed by Tenant as an asset under any
bankruptcy, insolvency or reorganization proceedings. Acceptance of Rent by Landlord after any non-permitted assignment or
sublease shall not constitute approval thereof by Landlord.






	e.		Limitation on Rights of Assignee/Sublessee. Any assignment for which Landlord’s
consent is required shall not include the right to exercise any options to renew the Term, expand the Premises or similar options,
unless specifically provided for in the consent.



	f.		Tenant Not Released. No assignment or sublease shall release Tenant of any
of its obligations under this Lease.



	g.		Landlord’s Right to Collect Sublease Rents upon Tenant Default. If the
Premises (or any portion) is sublet and Tenant defaults under its obligations to Landlord, then Landlord is authorized, at its
option, to collect all sublease rents directly from the sublessee. Tenant hereby assigns the right to collect the sublease rents
to Landlord in the event of Tenant default. The collection of sublease rents by Landlord shall not relieve Tenant of its obligations
under this Lease, nor shall it create a contractual relationship between sublessee and Landlord or give sublessee any greater
estate or right to the Premises than contained in its sublease.



	h.		Excess Rents. If Tenant assigns this Lease or subleases all or part of the
Premises at a rental rate that exceeds the rentals paid to Landlord, then any such excess shall be paid over to Landlord by Tenant.



	i.		Landlord’s Fees. Tenant shall pay Landlord an administration fee of $1,000.00
per assignment or sublease transaction for which Landlord’s consent is required.



	18.		DAMAGES TO PREMISES.



	a.		Landlord’s Restoration Obligations. If the Building or Premises are damaged
by fire or other casualty (“Casualty”), then, unless the Lease is terminated as provided in this Article 18, Landlord
shall repair and restore the Premises to substantially the same condition of the Premises immediately prior to such Casualty,
subject to the following terms and conditions:




    	 	 	 



    	 



    
	i.		The casualty must be insured under Landlord's insurance policies, and Landlord’s
obligation is limited to the extent of the insurance proceeds received by Landlord. Landlord’s duty to repair and restore
the Premises shall not begin until receipt of the insurance proceeds.



	ii.		Landlord’s lender(s) must permit the insurance proceeds to be used for such
repair and restoration.



	iii.		Landlord shall have no obligation to repair and restore Tenant’s trade fixtures,
decorations, signs, contents, or any Non-Standard Improvements to the Premises.



	b.		Tenant’s Restoration Obligations. Unless the Lease is terminated as provided
in this Article 18, Tenant shall promptly repair, restore, or replace Tenant's Property. All repair, restoration or replacement
of Tenant’s Property shall be at least to the same condition as existed prior to the Casualty.



	c.		Termination of Lease by Landlord. Landlord shall have the option of terminating
the Lease following the Casualty if: (i) the Premises is rendered wholly untenantable; (ii) the Premises is damaged in whole or
in part as a result of a risk which is not covered by Landlord's insurance policies; (iii) Landlord's lender does not permit a
sufficient amount of the insurance proceeds to be used for restoration purposes; (iv) the Premises is damaged in whole or in part
during the last two years of the Term; or (v) the Building containing the Premises is damaged (whether or not the Premises is
damaged) to an extent of fifty percent (50%) or more of the fair market value thereof. If Landlord elects to terminate this Lease,
then it shall give notice of the cancellation to Tenant within (60) days after the date of the Casualty. Tenant shall vacate and
surrender the Premises to Landlord within (15) days after receipt of the notice of termination.



	d.		Termination of Lease by Tenant. Tenant shall have the option of terminating
the Lease if: (i) Landlord has failed to substantially restore the damaged Building or Premises within (180) days of the Casualty
(“Restoration Period”); (ii) the Restoration Period has not been delayed by Tenant delays or force majeure;
and (iii) Tenant gives Landlord notice of the termination within 15 days after the end of the Restoration Period (as extended
by any Tenant delay or force majeure delays). If Landlord is delayed by Tenant delay or force majeure, then Landlord
must provide Tenant with notice of the delays within (15) days of the force majeure event stating the reason for the delays
and a good faith estimate of the length of the delays.



	e.		Rent Abatement. If Premises is rendered wholly untenantable by the Casualty,
then the Rent payable by Tenant shall be fully abated. If the Premises is only partially damaged, then Tenant shall continue the
operation of Tenant's business in any part not damaged to the extent reasonably practicable from the standpoint of prudent business
management, and Rent and other charges shall be abated proportionately to the portion of the Premises rendered untenantable. The
abatement shall be from the date of the Casualty until the Premises have been substantially repaired and restored, or until Tenant's
business operations are restored in the entire Premises, whichever shall first occur. However, if the Casualty is caused by the
negligence or other wrongful conduct of Tenant or of Tenant's subtenants, licensees, contractors, or invitees, or their respective
agents or employees, there shall be no abatement of Rent. The abatement of the Rent set forth above, and the right to terminate
the Lease set forth in Section 18d, are Tenant’s exclusive remedies against Landlord in the event of a Casualty.



	19.		EMINENT DOMAIN. If all of the Premises are taken under the power of eminent
domain (or by conveyance in lieu thereof), then this Lease shall terminate as of the date possession is taken by the condemnor,
and Rent shall be adjusted between Landlord and Tenant as of such date. If only a portion of the Premises is taken and Tenant
can continue use of the remainder, then this Lease will not terminate, but Rent shall abate in a just and proportionate amount
to the loss of use occasioned by the taking.



Landlord shall be entitled to receive and retain the entire
condemnation award for the taking of the Building and Premises. Tenant shall have no right or claim against Landlord for any part
of any award received by Landlord for the taking. Tenant, however, shall not be prevented from making a claim against the condemning
party (but not against Landlord) for any moving expenses, loss of profits, or taking of Tenant’s personal property (other
than its leasehold estate) to which Tenant may be entitled; provided that any such award shall not reduce the amount of the award
otherwise payable to Landlord for the taking of the Building and Premises.



    	 	 	 



    	 



    
	20.		ENVIRONMENTAL COMPLIANCE.



	a.		Tenant's Responsibility. Tenant shall not (either with or without negligence)
cause or permit the escape, disposal or release of any biologically active or other hazardous substances or materials on the Property.
For the purposes of this Article 20, the term “Property” shall include the Premises, Building, all Common Areas, the
real estate upon which the Building and Common Areas are located; all personal property (including that owned by Tenant); and
the soil, ground water, and surface water of the real estate upon which the Building is located. Tenant shall not allow the storage
or use of such substances or materials in any manner not sanctioned by law or in compliance with the highest standards prevailing
in the industry for the storage and use of such substances or materials, nor allow to be brought onto the Property any such materials
or substances except to use in the ordinary course of Tenant's business, and then only after notice is given to Landlord of the
identity of such substances or materials. No such notice shall be required, however, for commercially reasonable amounts of ordinary
office supplies and janitorial supplies.



	b.		Liability of the Parties. Landlord represents and warrants that, to Landlord’s
knowledge, there are no hazardous materials on the Property as of the Commencement Date in violation of any laws. Landlord shall
indemnify and hold Tenant harmless from any liability resulting from Landlord’s violation of this representation and warranty,
unless the hazardous materials are present on the Property due to the act or omission of Tenant or its agents, employees, officers,
licensees or contractors, in which event Tenant shall be obligated to indemnify Landlord as hereafter provided. Tenant shall indemnify
and hold Landlord harmless from any penalty, fine, claim, demand, liability, cost, or charge whatsoever which Landlord shall incur,
or which Landlord would otherwise incur, by reason of Tenant's failure to comply with this Article 20 including, but not limited
to: (i) the cost of full remediation of any contamination to bring the Property into the same condition as prior to the Commencement
Date and into full compliance with all Environmental Laws; (ii) the reasonable cost of all appropriate tests and examinations
of the Premises to confirm that the Premises and any other contaminated areas have been remediated and brought into compliance
with law; and (iii) the reasonable fees and expenses of Landlord's attorneys, engineers, and consultants incurred by Landlord
in enforcing and confirming compliance with this Article 20. Notwithstanding the foregoing, Tenant’s obligations under this
Article 20 shall not apply to any condition or matter constituting a violation of any law that was not caused, in whole or in
part, by Tenant or Tenant's agents, employees, officers, partners, contractors, servants or invitees. The covenants contained
in this Article 20 shall survive the expiration or termination of this Lease, and shall continue for so long as either party and
its successors and assigns may be subject to any expense, liability, charge, penalty, or obligation against which the other party
has agreed to indemnify it under this Article 20.



	c.		Inspections by Landlord. Landlord and its engineers, technicians, and consultants,
from time to time as Landlord deems appropriate, may conduct periodic examinations of the Premises to confirm and monitor Tenant's
compliance with this Article 20. Such examinations shall be conducted in such a manner as to minimize the interference with Tenant's
Permitted Use; however, in all cases, the examinations shall be of such nature and scope as shall be reasonably required by then
existing technology to confirm Tenant's compliance with this Article 20. Tenant shall fully cooperate with Landlord and its representatives
in the conduct of such examinations. The cost of such examinations shall be paid by Landlord unless an examination shall disclose
a material failure of Tenant to comply with this Article 20, in which case, the reasonable cost of such examination shall be paid
for by Tenant within 10 days after receipt of Landlord’s written demand.



	21.		DEFAULT.



	a.		Tenant’s Default. Tenant shall be in default under this Lease if Tenant:



	i.		Fails to pay any Base Rent, Additional Rent, or any other sum of money that Tenant
is obligated to pay, as provided in this Lease, within five days after the due date;



	ii.		Breaches any other agreement, covenant or obligation in this Lease and such breach
is not remedied within (15) days after Landlord gives Tenant notice in accordance with Article 24 below specifying the breach,
or if such breach cannot, with due diligence, be cured within (15) days, if Tenant does not commence curing within (15) days and
with reasonable diligence completely cure the breach within a reasonable period of time after the notice;




    	 	 	 



    	 



    
	iii.		Files any petition or action for relief under any creditor's law (including bankruptcy,
reorganization, or similar action), either in state or federal court, or has such a petition or action filed against it which
is not stayed or vacated within 60 days after filing; or



	iv.		Makes any transfer in fraud of creditors as defined in Section 548 of the United States
Bankruptcy Code (11 U.S.C. 548, as amended or replaced), has a receiver appointed for its assets (and the appointment is not stayed
or vacated within (30) days), or makes an assignment for benefit of creditors.



	b.		Landlord’s Remedies. In the event of a Tenant default, Landlord, at its
option, may do one or more of the following:



	i.		Terminate this Lease by giving Tenant notice of termination, in which event this Lease
shall expire and terminate on the date specified in such notice of termination, and Tenant shall remain liable for all obligations
under this Lease arising up to the date of such termination, and Tenant shall surrender the Premises to Landlord on the date specified
in such notice;



	ii.		Terminate this Lease as provided in subparagraph (b)(i) hereof and recover from Tenant
all obligations arising up to the date of such termination and all damages Landlord may incur by reason of Tenant’s default,
including, without limitation, a sum which, at the date of such termination, represents the present value (discounted at a rate
equal to the greater of eight percent (8%) per annum or the then applicable rate of interest as specified in the financing outstanding
on the Project) of the excess, if any, of (aa) the Rent and all other sums which would have been payable hereunder by Tenant for
the period commencing with the day following the date of such termination and ending with the date hereinbefore set for the expiration
of the full term hereby granted, over (bb) the aggregate reasonable rental value of the Premises for the same period, all of which
present value of such excess sum shall be deemed immediately due and payable; provided, however, that such sum shall not be deemed
a penalty or forfeiture, actual damages being difficult or impossible to measure, and such sum represents the parties’ reasonable
best estimate of the damages which would be incurred by Landlord in the event of a breach by Tenant;



	iii.		Without terminating this Lease, declare immediately due and payable all Rent and other
amounts due and coming due under this Lease for the entire remaining Term hereof, together with all other amounts previously due,
at once, which total amount shall be discounted to the present value (at a rate equal to the greater of eight percent (8%) per
annum or the then applicable rate of interest specified in the financing outstanding on the Project); provided, however, that
such payment shall not be deemed a penalty or liquidated damages but shall merely constitute payment in advance for Rent for the
remainder of said Term. Upon making such payment, Tenant shall be entitled to receive from Landlord all rents received by Landlord
from other assignees, tenants, and subtenants on account of said Premises during the Term of this Lease provided that the monies
to which Tenant shall so become entitled shall in no event exceed the entire amount actually paid by Tenant to Landlord pursuant
to the preceding sentence less all costs, including refurbishing the Premises and new lease commissions, expenses and attorneys’
fees of Landlord incurred in connection with the reletting of the Premises;






	iv.		Without terminating this Lease, and with or without notice to Tenant, Landlord may
in Landlord’s own name, but as agent for Tenant, enter into and upon and take possession of the Premises or any part thereof,
and, at Landlord’s option, remove persons and property therefrom, and such property, if any, may be removed and stored in
a warehouse or elsewhere at the cost of, and for the account of, Tenant, all without being deemed guilty of trespass or becoming
liable for any loss or damage which may be occasioned thereby, and Landlord may rent the Premises or any portion thereof as the
agent of Tenant with or without advertisement, and by private negotiations and for any term upon such terms and conditions as
Landlord may deem necessary or desirable or in order to relet the Premises. Landlord shall in no way be responsible or liable
for any part thereof, or for any failure to collect any rent due upon such reletting. Upon each such reletting, all rentals received
by Landlord from such reletting shall be applied: first, to the payment of any indebtedness (other than any Rent due hereunder)
from Tenant to Landlord; second, to the payment of any costs and expenses of such reletting, including without limitation, brokerage
fees and attorneys’ fees and costs of alterations and repairs; third, to the payment of Rent and other charges then due
and unpaid hereunder; and the residue, if any, shall be held by Landlord to the extent and for application in payment of future
Rent as the same may become due and payable hereunder. If the rentals received from such reletting shall at any time or from time
to time be less than sufficient to pay to Landlord the entire sums then due from Tenant hereunder, Tenant shall pay any such deficiency
to Landlord. Such deficiency shall, at Landlord’s option, be calculated and paid monthly;




    	 	 	 



    	 



    
	v.		Without liability to Tenant or any other party and without constituting a constructive
or actual eviction, suspend or discontinue furnishing or rendering to Tenant any property, material, labor, utilities or other
service, which Landlord is obligated to furnish or render, so long as Tenant is in default under this Lease;



	vi.		Bring action for recovery of all amounts due from Tenant;



	vii.		Seize and hold any personal property of Tenant located in the Premises and assert
against the same a lien for monies due Landlord; or



	viii.		Pursue any other remedy available in law or equity.





	c.		Landlord’s Expenses; Attorneys’ Fees. All reasonable expenses of
Landlord in repairing, restoring, or altering the Premises for reletting as general office space, together with leasing fees and
all other expenses in seeking and obtaining a new tenant, shall be charged to and be a liability of Tenant. Landlord’s reasonable
attorneys’ fees in pursuing any of the foregoing remedies, or in collecting any Rent or Additional Rent due by Tenant hereunder,
shall be paid by Tenant.



	d.		Remedies Cumulative. All rights and remedies of Landlord are cumulative, and
the exercise of any one shall not exclude Landlord at any other time from exercising a different or inconsistent remedy. No exercise
by Landlord of any right or remedy granted herein shall constitute or effect a termination of this Lease unless Landlord shall
so elect by notice delivered to Tenant. The failure of Landlord to exercise its rights in connection with this Lease or any breach
or violation of any term, or any subsequent breach of the same or any other term, covenant or condition herein contained shall
not be a waiver of such term, covenant or condition or any subsequent breach of the same or any other covenant or condition herein
contained.



	e.		No Accord and Satisfaction. No acceptance by Landlord of a lesser sum than
the Rent, Additional Rent and other sums then due shall be deemed to be other than on account of the earliest installment of such
payments due, nor shall any endorsement or statement on any check or any letter accompanying any check or payment be deemed as
accord and satisfaction, and Landlord may accept such check or payment without prejudice to Landlord’s right to recover
the balance of such installment or pursue any other remedy provided in this Lease.



	f.		No Reinstatement. No payment of money by Tenant to Landlord after the expiration
or termination of this Lease shall reinstate or extend the Term, or make ineffective any notice of termination given to Tenant
prior to the payment of such money. After the service of notice or the commencement of a suit, or after final judgment granting
Landlord possession of the Premises, Landlord may receive and collect any sums due under this Lease, and the payment thereof shall
not make ineffective any notice or in any manner affect any pending suit or any judgment previously obtained.






	g.		Landlord’s Default. Landlord shall be in default under this Lease if
Landlord breaches any agreement, covenant or obligation in this Lease and does not remedy the breach within 15 days after Tenant
gives Landlord written notice in accordance with Article 24 below specifying the breach, or if the breach cannot, with due diligence,
be cured within 15 days, Landlord does not commence curing within 15 days and with reasonable diligence completely cure the breach
within a reasonable period of time after the notice. In the event Landlord fails to cure its breach within the time periods set
forth herein, Tenant shall be entitled to pursue any and all remedies available to it at law or in equity; provided, however,
that except as expressly provided elsewhere in this Lease, Tenant shall have no right of self-help to perform repairs or any other
obligation of Landlord, and shall have no right to withhold, set off or abate Rent.



	h.		Summary Ejectment. Tenant agrees that in addition to all other rights and remedies
Landlord may obtain an order for summary ejectment from any court of competent jurisdiction without prejudice to Landlord’s
rights to otherwise collect rents or breach of contract damages from Tenant.



	22.		MULTIPLE DEFAULTS.



	a.		Loss of Option Rights. Tenant acknowledges that any rights or options of first
refusal, or to extend the Term, to expand the size of the Premises, to purchase the Premises or the Building, or other similar
rights or options which have been granted to Tenant under this Lease are conditioned upon the prompt and diligent performance
of the terms of this Lease by Tenant. Accordingly, should Tenant default under this Lease on two or more occasions during any
12-month period, in addition to all other remedies available to Landlord, all such rights and options shall automatically, and
without further action on the part of any party, expire and be of no further force and effect.




    	 	 	 



    	 



    
	b.		Increased Security Deposit. Should Tenant default in the payment of Base Rent,
Additional Rent, or any other sums payable by Tenant under this Lease on two or more occasions during any 12-month period, regardless
of whether Landlord permits such default to be cured, then, in addition to all other remedies otherwise available to Landlord,
Tenant, within (10) days after demand by Landlord, shall post a Security Deposit in, or increase the existing Security Deposit
by, a sum equal to three months’ installments of Base Rent at the rate in effect at the time of Landlord’s demand.
The Security Deposit shall be governed by the terms of this Lease.



	23.		BANKRUPTCY.



	a.		Trustee’s Rights. Landlord and Tenant understand that, notwithstanding
contrary terms in this Lease, a trustee or debtor in possession under the United States Bankruptcy Code, as amended, (the "Code")
may have certain rights to assume or assign this Lease. This Lease shall not be construed to give the trustee or debtor in possession
any rights greater than the minimum rights granted under the Code.



	b.		Adequate Assurance. Landlord and Tenant acknowledge that, pursuant to the Code,
Landlord is entitled to adequate assurances of future performance of the provisions of this Lease. The parties agree that the
term “adequate assurance” shall include at least the following:



	i.		In order to assure Landlord that any proposed assignee will have the resources with
which to pay all Rent payable pursuant to the provisions of this Lease, any proposed assignee must have, as demonstrated to Landlord’s
satisfaction, a net worth (as defined in accordance with generally accepted accounting principles consistently applied) of not
less than the net worth of Tenant on the Effective Date (as hereinafter defined), increased by seven percent (7%), compounded
annually, for each year from the Effective Date through the date of the proposed assignment. It is understood and agreed that
the financial condition and resources of Tenant were a material inducement to Landlord in entering into this Lease.



	ii.		Any proposed assignee must have been engaged in the conduct of business for the five(
years prior to any such proposed assignment, which business does not violate the Use provisions under Article 4 above, and such
proposed assignee shall continue to engage in the Permitted Use under Article 4. It is understood that Landlord’s asset
will be substantially impaired if the trustee in bankruptcy or any assignee of this Lease makes any use of the Premises other
than the Permitted Use.



	c.		Assumption of Lease Obligations. Any proposed assignee of this Lease must assume
and agree to be bound by the provisions of this Lease.



	24.		NOTICES.






	a.		Addresses. All notices, demands and requests by Landlord or Tenant shall be
sent to the Notice Addresses set forth in Section 1l, or to such other address as a party may specify by duly given notice. The
parties shall notify the other of any change in address, which notification must be at least 15 days in advance of it being effective;
provided, however, the Tenant may not change its address to which notices shall thereafter be sent to eliminate the Premises as
an acceptable address where notices to such party may be delivered.



	b.		Form; Delivery; Receipt. ALL NOTICES, DEMANDS AND REQUESTS WHICH MAY BE
GIVEN OR WHICH ARE REQUIRED TO BE GIVEN BY EITHER PARTY TO THE OTHER MUST BE IN WRITING UNLESS OTHERWISE SPECIFIED. Notices,
demands or requests shall be deemed to have been properly given for all purposes only if (i) delivered against a written receipt
of delivery, (ii) mailed by express, registered or certified mail of the United States Postal Service, return receipt requested,
postage prepaid, or (iii) delivered to a nationally recognized overnight courier service for next business day delivery to the
receiving party's address as set forth above or (iv) delivered via telecopier or facsimile transmission to the facsimile number
listed above, with an original counterpart of such communication sent concurrently as specified in subsection (ii) or (iii) above
and with written confirmation of receipt of transmission provided. Each such notice, demand or request shall be deemed to have
been received upon the earlier of the actual receipt or refusal by the addressee or three business days after deposit thereof
at any main or branch United States post office if sent in accordance with subsection (ii) above, and the next business day after
deposit thereof with the courier if sent pursuant to subsection (iii) above. Notices may be given on behalf of any party by such
party's legal counsel.




    	 	 	 



    	 



    
	25.		HOLDING OVER. If Tenant holds over after the Expiration Date or other termination
of this Lease, such holding over shall not be a renewal of this Lease but shall create a tenancy-at-sufferance. Tenant
shall continue to be bound by all of the terms and conditions of this Lease, except that during such tenancy-at-sufferance,
Tenant shall pay to Landlord (i) Base Rent at the rate equal to one hundred fifty percent (150%) of that provided for as of the
expiration or termination date, and (ii) any and all forms of Additional Rent payable under this Lease. The increased Rent during
such holding over is intended to compensate Landlord partially for losses, damages and expenses, including frustrating and delaying
Landlord's ability to secure a replacement tenant.



	26.		RIGHT TO RELOCATE.



	a.		Substitute Premises. Prior to the Commencement Date or at any time during the
Term or any extension of this Lease, Landlord, at its option, may substitute for the Premises other space (hereafter called "Substitute
Premises") owned by Landlord or one of its affiliates in the same geographical vicinity. Insofar as reasonably possible,
the Substitute Premises shall be of comparable quality and shall have a comparable square foot area and a configuration substantially
similar to the Premises. Landlord shall give Tenant at least (60) days notice of its intention to relocate Tenant to the Substitute
Premises. This notice will be accompanied by a floor plan of the Substitute Premises. After such notice, Tenant shall have (10)
days within which to agree with Landlord on the proposed Substitute Premises and unless such agreement is reached within such
period of time, Landlord may terminate this Lease at the end of the 60-day period of time following the notice; provided, however,
should Landlord fail to terminate the Lease within 10 days following the expiration of the 60-day period, then: (i) Landlord shall
be deemed to have forfeited its right to terminate the Lease pursuant to this paragraph; (ii) Tenant shall have no obligation
to relocate to the Substitute Premises; and (c) the Lease will continue in full force and effect with respect to the Premises.



	b.		Upfit of Substitute Premises. Landlord agrees to construct or alter, at its
expense, the Substitute Premises as expeditiously as possible so that the Substitute Premises are in substantially the same condition
that the Premises were in immediately prior to the relocation. Landlord shall have the right to reuse the fixtures, improvements
and alterations used in the Premises. Tenant agrees to occupy the Substitute Premises as soon as Landlord's work is substantially
completed.



	c.		Relocation Costs. If relocation occurs after the Commencement Date, then Landlord
shall pay Tenant's reasonable third-party costs of moving Tenant's furnishings, telephone and computer wiring, and other property
to the Substitute Premises, and reasonable printing costs associated with the change of address.



	d.		Lease Terms. Except as provided herein, Tenant agrees that all of the obligations
of this Lease, including the payment of Rent (to be determined on a per rentable square foot basis and applied to the Substitute
Premises), will continue despite Tenant's relocation to the Substitute Premises. Upon substantial completion of the Substitute
Premises, this Lease will apply to the Substitute Premises as if the Substitute Premises had been the space originally described
in this Lease. In no event shall base monthly rental increase, even if such Substitute Premises is larger than original premises.



	27.		BROKER'S COMMISSIONS. Each party represents and warrants to the other that
it has not dealt with any real estate broker, finder or other person with respect to this Lease in any manner, except the Broker
identified in Section 1m.  Each party shall indemnify and hold the other party harmless from any and all damages resulting
from claims that may be asserted against the other party by any other broker, finder or other person (including, without limitation,
any substitute or replacement broker claiming to have been engaged by indemnifying party in the future), claiming to have dealt
with the indemnifying party in connection with this Lease or any amendment or extension hereto, or which may result in Tenant
leasing other or enlarged space from Landlord. The provisions of this paragraph shall survive the termination of this Lease.



	28.		ANTI-TERRORISM LAWS. During the term, neither Tenant nor its respective constituents
or affiliates shall (i) be an “enemy” or an “ally of the enemy” within the meaning of Section 2 of the
Trading with the Enemy Act of the United States of America (50 U.S.C. App. §§ 1 et seq.), as amended, (ii) violate the
Trading with the Enemy Act, as amended, (iii) violate any of the foreign assets control regulations of the United States Treasury
Department (31 CFR, Subtitle B, Chapter V, as amended) or any enabling legislation or executive order relating thereto or (iv)
violate the USA PATRIOT Act (Title III of Pub. L. 107-56 (signed into law October 26, 2001)) (the “Patriot Act”).
Tenant shall, promptly following a request from Landlord, provide all documentation and other information that the Lender requests
in order to comply with its ongoing obligations under applicable "know your customer" and anti-money laundering rules
and regulations, including the Patriot Act.




    	 	 	 



    	 



    
	29.		GENERAL PROVISIONS/DEFINITIONS.



	a.		No Agency. Tenant is not and shall never represent itself to be an agent of
Landlord, and Tenant acknowledges that Landlord's title to the Building is paramount, and that Tenant can do nothing to affect
or impair Landlord's title.



	b.		Force Majeure. The term “force majeure” means: fire, flood,
extreme weather, labor disputes, strike, lock-out, riot, government interference (including regulation, appropriation or rationing),
unusual delay in governmental permitting, unusual delay in deliveries or unavailability of materials, unavoidable casualties,
Act of God, or other causes beyond the party’s reasonable control.



	c.		Building Standard Improvements. The term “Building Standard Improvements”
shall mean the standards for normal construction of general office space within the Building as specified by Landlord, including
design and construction standards, electrical load factors, materials, fixtures and finishes.



	d.		Limitation on Damages. Notwithstanding any other provisions in this Lease,
neither Landlord nor Tenant shall be liable to the other for any special, consequential, incidental or punitive damages.



	e.		Satisfaction of Judgments Against Landlord. If Landlord, or its employees,
officers, directors, stockholders or partners are ordered to pay Tenant a money judgment because of Landlord's default under this
Lease, said money judgment may only be enforced against and satisfied out of: (i) Landlord's interest in the Building in which
the Premises are located including the rental income and proceeds from sale; and (ii) any insurance or condemnation proceeds received
because of damage or condemnation to, or of, said Building that are available for use by Landlord. No other assets of Landlord
or said other parties exculpated by the preceding sentence shall be liable for, or subject to, any such money judgment.



	f.		Interest. Should Tenant fail to pay any amount due to Landlord within 30 days
of the date such amount is due (whether Base Rent, Additional Rent, or any other payment obligation), then the amount due shall
thereafter accrue interest at the rate of twelve percent (12%) per annum, compounded monthly, or the highest permissible rate
under applicable usury law, whichever is less, until the amount is paid in full.



	g.		Legal Costs. Should either party prevail in any legal proceedings against the
other for breach of any provision in this Lease, then the other party shall be liable for the costs and expenses of the prevailing
party, including its reasonable attorneys' fees (at all tribunal levels).






	h.		Sale of Premises or Building. Landlord may sell the Premises or the Building
without affecting the obligations of Tenant hereunder. Upon the sale of the Premises or the Building, Landlord shall be relieved
of all responsibility for the Premises and shall be released from any liability thereafter accruing under this Lease.



	i.		Time of the Essence. Time is of the essence in the performance of all obligations
under the terms of this Lease.



	j.		Transfer of Security Deposit. If any Security Deposit or prepaid Rent has been
paid by Tenant, Landlord may transfer the Security Deposit or prepaid Rent to Landlord's successor and upon such transfer, Landlord
shall be released from any liability for return of the Security Deposit or prepaid Rent.



	k.		Tender of Premises. The delivery of a key or other such tender of possession
of the Premises to Landlord or to an employee of Landlord shall not operate as a termination of this Lease or a surrender of the
Premises unless requested in writing by Landlord.



	l.		Tenant’s Financial Statements. Upon request of Landlord, Tenant agrees
to furnish to Landlord copies of Tenant’s most recent annual, quarterly and monthly financial statements, audited if available.
The financial statements shall be prepared in accordance with generally accepted accounting principles, consistently applied.
The financial statements shall include a balance sheet and a statement of profit and loss, and the annual financial statement
shall also include a statement of changes in financial position and appropriate explanatory notes. Landlord may deliver the financial
statements to any prospective or existing mortgagee or purchaser of the Building.



	m.		Recordation. This Lease may not be recorded without Landlord's prior written
consent, but Tenant and Landlord agree, upon the request of the other party, to execute a memorandum hereof for recording purposes.



	n.		Partial Invalidity. The invalidity of any portion of this Lease shall not invalidate
the remaining portions of the Lease.




    	 	 	 



    	 



    
	o.		Binding Effect. This Lease shall be binding upon the respective parties hereto,
and upon their heirs, executors, successors and assigns.



	p.		Entire Agreement; Construction. This Lease constitutes the entire agreement
between the parties relating to the subject matter hereof and supersedes any and all previous agreements and understandings, oral
or written relating to the subject matter hereof. The fact that one of the parties to this Lease may be deemed to have drafted
or structured any provision of this Lease shall not be considered in construing or interpreting any particular provision of this
Lease, either in favor of or against such party, and Landlord and Tenant hereby waive any applicable rules of construction or
interpretation to the contrary.



	q.		Good Standing. If requested by Landlord, Tenant shall furnish appropriate legal
documentation evidencing the valid existence in good standing of Tenant, and the authority of any person signing this Lease to
act for the Tenant.



	r.		Choice of Law. This Lease shall be interpreted and enforced in accordance with
the laws of the State in which the Premises are located.



	s.		Effective Date. This Lease shall become effective as a contract only upon the
execution and delivery by both Landlord and Tenant. The date of execution shall be entered on the top of the first page of this
Lease by Landlord, and shall be the date on which the last party signed the Lease, or as otherwise may be specifically agreed
by both parties. Such date, once inserted, shall be established as the final day of ratification by all parties to this Lease,
and shall be the date for use throughout this Lease as the "Effective Date".



	30.		SPECIAL CONDITIONS. The following special conditions, if any, shall apply,
and where in conflict with earlier provisions in this Lease shall control: None.



	31.		ADDENDA AND EXHIBITS. If any addenda and/or exhibits are noted below, such
addenda and exhibits are incorporated herein and made a part of this Lease.



	a.		Lease Addendum Number One – “Work Letter”



	b.		Lease Addendum Number Two – “Additional Rent – Operating Expenses
and Taxes”



	c.		Exhibit A – Premises



	d.		Exhibit B – Rules and Regulations



	e.		Exhibit C – Commencement Agreement






	f.		Exhibit D – Acceptance of Premises





    	 



    	 



    

SATISFACTION OF JUDGMENTS AGAINST LANDLORD.
IF LANDLORD, OR ITS EMPLOYEES, OFFICERS, DIRECTORS, MANAGERS, MEMBERS, STOCKHOLDERS OR PARTNERS ARE ORDERED TO PAY TENANT A MONEY
JUDGMENT BECAUSE OF LANDLORD’S DEFAULT UNDER THIS LEASE, SAID MONEY JUDGMENT MAY ONLY BE ENFORCED AGAINST AND SATISFIED
OUT OF: (I) LANDLORD’S INTEREST IN THE BUILDING IN WHICH THE PREMISES ARE LOCATED INCLUDING THE RENTAL INCOME AND PROCEEDS
FROM SALE; AND (II) ANY INSRUANCE OR CONDEMNATION PROCEEDS RECEIVED BECAUSE OF DAMAGE OR CONDEMNATION TO, OR OF, SAID BUILDING
THAT ARE AVAILABLE FOR USE BY LANDLORD.


 


IN WITNESS WHEREOF, Landlord
and Tenant have executed this Lease in four originals, all as of the day and year first above written.


 


TENANT:


 


SAFETY QUICK LIGHTING & FANS CORP.,


a Florida corporation


 


By: /s/ Patricia Barron


 


Name:Patricia Barron


 


Title: COO


 


Attest: __________________________________________


 


Name:__________________________________________


 


Title: ___________________________________________


 


Date: ___________________________________________


 


Affix Corporate Seal:


 


[If Tenant is a corporation, the
authorized officers must sign no behalf of the corporation and indicate the capacity in which they are signing. This Lease must
be executed by the President or Vice President and attested by the Secretary or Assistant Secretary, unless the bylaws or a resolution
of the board of directors shall provide otherwise, in which case, the bylaws or a certified copy of the resolution must be attached
to this Lease. The appropriate corporate seal must also be affixed.]


 


LANDLORD:


 


HIGHWOODS DLF 98/29, LLC


a Delaware limited liability company


By: Highwoods DLF, LLC,
its manager


a Delaware limited
liability company


By: Highwoods
Realty Limited Partnership, its sole member


a North Carolina
limited partnership


By: Highwoods
Properties, Inc., its sole general partner


a Maryland corporation


 


 


By: /s/ Jim Bacchetta


Jim Bacchetta, Vice President and Division Manager




    	 



    	 



    

LEASE ADDENDUM NUMBER ONE


 


WORK
LETTER. Prior to the Commencement Date, Landlord, at its expense, shall complete the following items of work in the Premises
(collectively, “Landlord’s Work”): (i) repaint the interior of the Premises using Building standard paint; (ii)
replace the existing carpet in the Premises with new Building standard carpet. (iii) remove built in workstations, (iv) install
sink with six foot laminate countertop to also include upper and lower cabinets. Landlord’s Work shall be completed in a
good and workmanlike manner. Any improvements or alterations to the Premises beyond the scope of Landlord’s Work shall be
subject to Landlord’s prior written approval and, if approved, shall be completed at Tenant’s expense.




    	 



    	 



    

LEASE ADDENDUM NUMBER TWO


ADDITIONAL RENT – OPERATING
EXPENSES AND TAXES


 


	1.		Operating Expenses. The term “Operating Expenses” shall mean all
costs incurred by Landlord in the provision of services to tenants and in the operation, management, repair, replacement and maintenance
of the Property (as defined below), including, but not limited to, insurance premiums, utilities, heat, air conditioning, janitorial
service, labor, materials, supplies, equipment and tools, permits, licenses, inspection fees, salaries and other reasonable compensation
of maintenance and management personnel (up to and including the level of Property Manager), management fees, and Common Area
expenses.



	2.		Exclusions to Operating Expenses. Notwithstanding the foregoing, Operating
Expenses shall not include the following: depreciation on the Building or equipment therein; ground lease rent; advertising, marketing
and promotional costs; interest; executive salaries; real estate brokers’ commissions; Taxes (as defined below); overhead
and profit paid to subsidiaries or affiliates of Landlord for services, supplies or materials provided on or to the Property,
to the extent these costs exceed the amount customarily charged by an independent entity for the same or substantially similar
services, supplies and materials; the cost of any services for which Landlord is reimbursed directly by any tenant; and any expenses
that do not relate to the operation of the Property. Additionally, Operating Expenses shall not include the costs of capital improvements
to the Property; provided, however, Landlord may include in Operating Expenses the costs of the following capital improvements,
amortized on a straight-line basis over their useful lives:



	a.		Any capital improvements made in order to comply with any new laws, rules or regulations
or any changes in existing laws, rules or regulations adopted by any governmental authority after the Commencement Date; and



	b.		Any capital improvements that are designed primarily to promote and protect the health,
safety and well being of the Property’s occupants; and



	c.		Any capital improvements that are designed primarily to reduce Operating Expenses,
provided that the amortized amount of these capital items in any year will be equal to the estimated resulting reduction in Operating
Expenses for the same year.



	3.		Taxes. The term “Taxes” shall mean any fees, charges or assessments
related to the Property that are imposed by any governmental or quasi-governmental authority having jurisdiction over the Property,
including, without limitation, ad valorem real property taxes; franchise taxes; personal property taxes; assessments, special
or otherwise, imposed on the Property; payments in lieu of real estate taxes; sewer rents; transit taxes; and taxes based on rents.
Taxes shall also include the reasonable costs incurred by Landlord in connection with any appeal for a reduction of taxes, including,
without limitation, the costs of legal consultants, appraisers and accountants. Taxes shall not include any inheritance, estate,
succession, transfer, gift, corporate, income or profit tax imposed upon Landlord.



	4.		Property. The term “Property” shall mean the Building and
the improvements, equipment and systems situated therein; the Common Areas; and the real property upon which the Building and
Common Areas are situated.



	5.		Tenant’s Proportionate Share. The term “Tenant’s Proportionate
Share” shall mean 0.8896% calculated by dividing the approximately 1,290 rentable square feet of the Premises by
the approximately 145,008 net rentable square feet of the Building. To the extent any Operating Expenses and/or Taxes are related
to the Building and one or more other buildings owned by Landlord or its affiliate, those Operating Expenses and/or Taxes shall
be reasonably allocated by Landlord on an equitable prorata basis among all of the buildings to which those expenses are related;
and Tenant’s Proportionate Share of those expenses shall be calculated based only on the amount of those expenses allocated
to the Building.



	6.		Base Year for Operating Expenses. With respect to calculating Tenant’s
Proportionate Share of Operating Expenses, the term “Base Year” shall mean the twelve-month period beginning on January
1, 2015 and ending on December 31, 2015.



	7.		Base Year for Taxes. With respect to calculating Tenant’s Proportionate
Share of Taxes, the term “Base Year” shall mean the real property tax year, beginning January 1, 2015 and ending on
December 31, 2015.



	8.		Payment of Additional Rent. For the calendar year commencing on January
1, 2016 and for each calendar year thereafter, Tenant shall pay to Landlord, as Additional Rent, the following amounts:




    	 	 	 



    	 



    
	a.		Tenant's Proportionate Share of any increase in Operating Expenses above the amount
incurred during the Base Year for Operating Expenses. If any service, for which the expense may be included in Operating Expenses,
is not provided to all tenants of the Building, Landlord shall adjust the related expense as if the service was provided to all
tenants. Additionally, for any period in which the occupancy of the rentable area of the Building is less than 95%, those portions
of Operating Expenses that vary based on occupancy will be adjusted for the period as if the Building was at 95% occupancy; and



	b.		Tenant's Proportionate Share of any increase in Taxes above the amount incurred during
the Base Year for Taxes.



	9.		Landlord’s Estimate. For the calendar year commencing on January 1,
2016 and for each calendar year thereafter during the Term, Landlord shall deliver to Tenant a written statement of the reasonable
estimated increase in both Operating Expenses and Taxes for that calendar year above the Operating Expenses and Taxes incurred
during the applicable Base Year. Based on Landlord’s estimate, Tenant shall pay to Landlord Tenant's Proportionate Share
of the estimated increases in both Operating Expenses and Taxes in twelve equal monthly installments, which shall be due and payable
at the same time and in the same manner as Base Rent.



	10.		Annual Reconciliation. Within 180 days after the end of each calendar year
or as soon as possible thereafter, Landlord shall send Tenant an annual statement of the actual Operating Expenses and Taxes for
the preceding calendar year (the “Annual Statement”). Landlord’s failure to render an Annual Statement for any
calendar year shall not prejudice Landlord’s right to issue an Annual Statement with respect to that calendar year or any
subsequent calendar year, nor shall Landlord’s rendering of an incorrect Annual Statement prejudice Landlord’s right
subsequently to issue a corrected Annual Statement. Pursuant to the Annual Statement, Tenant shall pay to Landlord Additional
Rent as owed within thirty days after Tenant’s receipt of the Annual Statement, or Landlord shall adjust Tenant's Rent payments
if Landlord owes Tenant a credit. After the Expiration Date or earlier termination date of the Lease, Landlord shall send Tenant
the final Annual Statement for the Term, and Tenant shall pay to Landlord Additional Rent as owed within thirty days after Tenant’s
receipt of the Annual Statement, or, if Landlord owes Tenant a credit, then Landlord shall pay Tenant a refund. If this Lease
expires or terminates on a day other than December 31, then Additional Rent shall be prorated on a 365-day calendar year (or
366 if a leap year). If there is a decrease in Operating Expenses in any subsequent year below Operating Expenses for the Base
Year, then no Additional Rent shall be due on account of Operating Expenses; provided, however, Tenant shall not be entitled to
any credit, refund or other payment that would reduce the amount of Tenant’s Proportionate Share of Taxes or other Additional
Rent or Base Rent owed by Tenant. Likewise, if there is a decrease in Taxes in any subsequent year below Taxes for the Base Year,
then no Additional Rent shall be due on account of Taxes; provided, however, Tenant shall not be entitled to any credit, refund
or other payment that would reduce the amount of Tenant’s Proportionate Share of Operating Expenses or other Additional
Rent or Base Rent owed by Tenant.



	11.		Tenant’s Review of Operating Expenses and Taxes. No more than once per
calendar year, Tenant, or a qualified professional selected by Tenant (the “Reviewer”), may review Landlord’s
books and records relating to Operating Expenses and Taxes (the “Review”), subject to the following terms and conditions:



	a.		Tenant must deliver notice of the Review to Landlord within thirty days of Tenant's
receipt of the Annual Statement. Thereafter, Tenant must commence and complete its Review within a reasonable time, not to exceed
180 days following Tenant’s receipt of the Annual Statement. In order to conduct a Review, Tenant must not be in default
under the Lease beyond any applicable cure period at the time it delivers notice of the Review to Landlord or at the time the
Review commences. No subtenant shall have any right to conduct a Review, and no assigns shall conduct a Review for any period
during which such assignee was not in possession of the Premises. If Tenant elects to have a Reviewer conduct the Review, the
Reviewer must be an independent nationally or regionally recognized accounting firm that is not being compensated by Tenant on
a contingency fee basis.



	b.		Tenant’s Review shall only extend to Landlord’s books and records specifically
related to Operating Expenses and Taxes for the Property during the calendar year for which the Annual Statement was provided.
Books and records necessary to accomplish any Review shall be retained for twelve months after the end of each calendar year,
and, upon Landlord’s receipt of Tenant’s notice, shall be made available to Tenant to conduct the Review. The Review
shall be conducted during regular business hours at either the Landlord’s division office for the area in which the Premises
are located or Landlord’s home office in Raleigh, North Carolina, as selected by Landlord.




    	 	 	 



    	 



    
	c.		As a condition to the Review, Tenant and Tenant’s Reviewer shall execute a written
agreement providing that the Reviewer is not being compensated on a contingency fee basis and that all information obtained through
the Review, as well as any compromise, settlement or adjustment reached as a result of the Review, shall be held in strict confidence
and shall not be revealed in any manner to any person except: (i) upon the prior written consent of the Landlord, which consent
may be withheld in Landlord’s sole discretion; (ii) if required pursuant to any litigation between Landlord and Tenant materially
related to the facts disclosed by the Review; or (iii) if required by law. The written agreement may also set forth Landlord’s
reasonable procedures and guidelines for Tenant and Tenant’s Reviewer to follow when conducting the Review.



	d.		If, after Tenant’s Review, Tenant disputes the amount of Operating Expenses
or Taxes set forth in the Annual Statement, Tenant or Tenant’s Reviewer shall submit a written report to Landlord within
thirty days after the completion of the Review setting forth any claims to be asserted against Landlord as a result of the Review
and specific and detailed explanations as to the reason for the claim(s) (the “Report”). Landlord and Tenant then
shall use good faith efforts to resolve Tenant’s claims set forth in the Report. If the parties do not reach agreement on
the claims within thirty (30) days after Landlord’s receipt of the Report, then the dispute shall be submitted to arbitration
as hereinafter provided. Within twenty days after expiration of the thirty-day period referenced in the foregoing sentence, each
party shall appoint as an arbitrator a reputable independent nationally or regionally recognized accounting firm with at least
ten years experience in accounting related to commercial lease transactions and shall give notice of such appointment to the other
party; provided, however, if Tenant used a Reviewer to perform the Review, the Reviewer shall be deemed to have been appointed
by Tenant as its arbitrator for purposes of this provision. Within ten days after appointment of the second arbitrator, the two
arbitrators shall appoint a third arbitrator who shall be similarly qualified. If the two arbitrators are unable to agree timely
on the selection of the third arbitrator, then either arbitrator on behalf of both, may request such appointment from the office
of the American Arbitration Association ("AAA") nearest to Landlord. The arbitration shall be conducted in accordance
with the rules of the AAA. If the AAA shall cease to provide arbitration for commercial disputes in location, the third arbitrator
shall be appointed by any successor organization providing substantially the same services. Within ten days after the third arbitrator
has been selected, each of the other two arbitrators, on behalf of the party it represents, shall submit a written statement,
along with any supporting document, data, reports or other information, setting forth its determination of the amount of Operating
Expenses or Taxes that are in dispute. The third arbitrator will resolve the dispute by selecting the statement of one of the
parties as submitted to the third arbitrator. Within ten days after the third arbitrator’s receipt of the statements
from the other arbitrators, the third arbitrator shall notify both parties in writing of the arbitrator’s decision. The
decision of the third arbitrator shall be final and binding upon the parties and their respective heirs, executors, successors
and assigns. If either of the parties fails to furnish its statement to the third arbitrator within the time frame specified herein,
the third arbitrator shall automatically adopt the other party’s statement as final and binding. The cost of arbitration
(exclusive of each party’s witness and attorneys’ fees, which shall be paid by the party) shall be shared equally
by the parties.



	e.		If the Review or subsequent arbitration determines that Operating Expenses and Taxes
in the applicable calendar year were overstated, in the aggregate, by ten percent (10%) or more, then Landlord shall reimburse
Tenant for Tenant’s reasonable Review costs; otherwise, Tenant shall pay its own costs in connection with the Review.





    	 



    	 



    

EXHIBIT A


PREMISES


 


 


 





 




    	 



    	 



    

EXHIBIT B


RULES AND REGULATIONS


 


	1.		Access to Building. On Saturdays, Sundays, legal holidays and weekdays between
the hours of 6:00 P.M. and 8:00 A.M., access to the Building and/or to the halls, corridors, elevators or stairways in the Building
may be restricted and access shall be gained by use of a key or electronic card to the outside doors of the Buildings. Landlord
may from time to time establish security controls for the purpose of regulating access to the Building. Tenant shall be responsible
for providing access to the Premises for its agents, employees, invitees and guests at times access is restricted, and shall comply
with all such security regulations so established.



	2.		Protecting Premises. The last member of Tenant to leave the Premises shall
close and securely lock all doors or other means of entry to the Premises and shut off all lights and equipment in the Premises.



	3.		Building Directories. The directories for the Building in the form selected
by Landlord shall be used exclusively for the display of the name and location of tenants. Any additional names and/or name change
requested by Tenant to be displayed in the directories must be approved by Landlord and, if approved, will be provided at the
sole expense of Tenant.



	4.		Large Articles. Furniture, freight and other large or heavy articles may be
brought into the Building only at times and in the manner designated by Landlord and always at Tenant's sole responsibility. All
damage done to the Building, its furnishings, fixtures or equipment by moving or maintaining such furniture, freight or articles
shall be repaired at Tenant’s expense.



	5.		Signs. Tenant shall not paint, display, inscribe, maintain or affix any sign,
placard, picture, advertisement, name, notice, lettering or direction on any part of the outside or inside of the Building, or
on any part of the inside of the Premises which can be seen from the outside of the Premises, including windows and doors, without
the written consent of Landlord, and then only such name or names or matter and in such color, size, style, character and material
as shall be first approved by Landlord in writing. Landlord, without notice to Tenant, reserves the right to remove, at Tenant's
expense, all matters other than that provided for above.



	6.		Compliance with Laws. Tenant shall comply with all applicable laws, ordinances,
governmental orders or regulations and applicable orders or directions from any public office or body having jurisdiction, whether
now existing or hereinafter enacted with respect to the Premises and the use or occupancy thereof. Tenant shall not make or permit
any use of the Premises which directly or indirectly is forbidden by law, ordinance, governmental regulations or order or direction
of applicable public authority, which may be dangerous to persons or property or which may constitute a nuisance to other tenants.



	7.		Hazardous Materials. Tenant shall not use or permit to be brought into the
Premises or the Building any flammable oils or fluids, or any explosive or other articles deemed hazardous to persons or property,
or do or permit to be done any act or thing which will invalidate, or which, if brought in, would be in conflict with any insurance
policy covering the Building or its operation, or the Premises, or any part of either, and will not do or permit to be done anything
in or upon the Premises, or bring or keep anything therein, which shall not comply with all rules, orders, regulations or requirements
of any organization, bureau, department or body having jurisdiction with respect thereto (and Tenant shall at all times comply
with all such rules, orders, regulations or requirements), or which shall increase the rate of insurance on the Building, its
appurtenances, contents or operation.



	8.		Defacing Premises and Overloading. Tenant shall not place anything or allow
anything to be placed in the Premises near the glass of any door, partition, wall or window that may be unsightly from outside
the Premises. Tenant shall not place or permit to be placed any article of any kind on any window ledge or on the exterior walls;
blinds, shades, awnings or other forms of inside or outside window ventilators or similar devices shall not be placed in or about
the outside windows in the Premises except to the extent that the character, shape, color, material and make thereof is approved
by Landlord. Tenant shall not do any painting or decorating in the Premises or install any floor coverings in the Premises or
make, paint, cut or drill into, or in any way deface any part of the Premises or Building without in each instance obtaining the
prior written consent of Landlord. Tenant shall not overload any floor or part thereof in the Premises, or any facility in the
Building or any public corridors or elevators therein by bringing in or removing any large or heavy articles and Landlord may
direct and control the location of safes, files, and all other heavy articles and, if considered necessary by Landlord may require
Tenant at its expense to supply whatever supplementary supports necessary to properly distribute the weight.




    	 	 	 



    	 



    
	9.		Obstruction of Public Areas. Tenant shall not, whether temporarily, accidentally
or otherwise, allow anything to remain in, place or store anything in, or obstruct in any way, any sidewalk, court, hall, passageway,
entrance, or shipping area. Tenant shall lend its full cooperation to keep such areas free from all obstruction and in a clean
and sightly condition, and move all supplies, furniture and equipment as soon as received directly to the Premises, and shall
move all such items and waste (other than waste customarily removed by Building employees) that are at any time being taken from
the Premises directly to the areas designated for disposal. All courts, passageways, entrances, exits, elevators, escalators,
stairways, corridors, halls and roofs are not for the use of the general public and Landlord shall in all cases retain the right
to control and prevent access thereto by all persons whose presence, in the judgment of Landlord, shall be prejudicial to the
safety, character, reputation and interest of the Building and its tenants; provided, however, that nothing herein contained shall
be construed to prevent such access to persons with whom Tenant deals within the normal course of Tenant's business so long as
such persons are not engaged in illegal activities.



	10.		Additional Locks. Tenant shall not attach, or permit to be attached, additional
locks or similar devices to any door or window, change existing locks or the mechanism thereof, or make or permit to be made any
keys for any door other than those provided by Landlord. Upon termination of this Lease or of Tenant's possession, Tenant shall
immediately surrender all keys to the Premises.



	11.		Communications or Utility Connections. If Tenant desires signal, alarm or other
utility or similar service connections installed or changed, then Tenant shall not install or change the same without the approval
of Landlord, and then only under direction of Landlord and at Tenant's expense. Tenant shall not install in the Premises any equipment
which requires a greater than normal amount of electrical current for the permitted use without the advance written consent of
Landlord. Tenant shall ascertain from Landlord the maximum amount of load or demand for or use of electrical current which can
safely be permitted in the Premises, taking into account the capacity of the electric wiring in the Building and the Premises
and the needs of other tenants in the Building, and Tenant shall not in any event connect a greater load than that which is safe.



	12.		Office of the Building. Service requirements of Tenant will be attended to
only upon application at the office of Highwoods Properties, Inc. Employees of Landlord shall not perform, and Tenant shall not
engage them to do any work outside of their duties unless specifically authorized by Landlord.



	13.		Restrooms. The restrooms, toilets, urinals, vanities and the other apparatus
shall not be used for any purpose other than that for which they were constructed, and no foreign substance of any kind whatsoever
shall be thrown therein. The expense of any breakage, stoppage or damage resulting from the violation of this rule shall be borne
by the Tenant whom, or whose employees or invitees, shall have caused it.



	14.		Intoxication. Landlord reserves the right to exclude or expel from the Building
any person who, in the judgment of Landlord, is intoxicated, or under the influence of liquor or drugs, or who in any way violates
any of the Rules and Regulations of the Building.



	15.		Nuisances and Certain Other Prohibited Uses. Tenant shall not (a) install or
operate any internal combustion engine, boiler, machinery, refrigerating, heating or air conditioning apparatus in or about the
Premises; (b) engage in any mechanical business, or in any service in or about the Premises or Building, except those ordinarily
embraced within the Permitted Use as specified in Section 3 of the Lease; (c) use the Premises for housing, lodging, or sleeping
purposes; (d) prepare or warm food in the Premises or permit food to be brought into the Premises for consumption therein (heating
coffee and individual lunches of employees excepted) except by express permission of Landlord; (e) place any radio or television
antennae on the roof or on or in any part of the inside or outside of the Building other than the inside of the Premises, or place
a musical or sound producing instrument or device inside or outside the Premises which may be heard outside the Premises; (f)
use any power source for the operation of any equipment or device other than dry cell batteries or electricity; (g) operate any
electrical device from which may emanate waves that could interfere with or impair radio or television broadcasting or reception
from or in the Building or elsewhere; (h) bring or permit to be in the Building any bicycle, other vehicle, dog (except in the
company of a blind person), other animal or bird; (i) make or permit any objectionable noise or odor to emanate from the Premises;
(j) disturb, harass, solicit or canvass any occupant of the Building; (k) do anything in or about the Premises which could be
a nuisance or tend to injure the reputation of the Building; (i) allow any firearms in the Building or the Premises except as
approved by Landlord in writing.






	16.		Solicitation. Tenant shall not canvass other tenants in the Building to solicit
business or contributions and shall not exhibit, sell or offer to sell, use, rent or exchange any products or services in or from
the Premises unless ordinarily embraced within the Tenant's Permitted Use as specified in Section 3 of the Lease.




    	 	 	 



    	 



    
	17.		Energy Conservation. Tenant shall not waste electricity, water, heat or air
conditioning and agrees to cooperate fully with Landlord to insure the most effective operation of the Building's heating and
air conditioning, and shall not allow the adjustment (except by Landlord's authorized Building personnel) of any controls.



	18.		Building Security. At all times other than normal business hours the exterior
Building doors and suite entry door(s) must be kept locked to assist in security. Problems in Building and suite security should
be directed to Landlord at (404) 321-6555.



	19.		Parking. Parking is in designated parking areas only. There shall be no vehicles
in "no parking" zones or at curbs. Handicapped spaces are for handicapped persons only and the Police Department will
ticket unauthorized (unidentified) cars in handicapped spaces. Landlord reserves the right to remove vehicles that do not comply
with the Lease or these Rules and Regulations and Tenant shall indemnify and hold harmless Landlord from its reasonable exercise
of these rights with respect to the vehicles of Tenant and its employees, agents and invitees.



	20.		Janitorial Service. The janitorial staff will remove all trash from trashcans.
Any container or boxes left in hallways or apparently discarded unless clearly and conspicuously labeled DO NOT REMOVE may be
removed without liability to Landlord. Any large volume of trash resulting from delivery of furniture, equipment, etc., should
be removed by the delivery company, Tenant, or Landlord at Tenant's expense. Janitorial service will be provided after hours five
(5) days a week. All requests for trash removal other than normal janitorial services should be directed to Landlord at (404)
321-6555.



	21.		Construction. Tenant shall make no structural or interior alterations of the
Premises. All structural and nonstructural alterations and modifications to the Premises shall be coordinated through Landlord
as outlined in the Lease. Completed construction drawings of the requested changes are to be submitted to Landlord or its designated
agent for pricing and construction supervision.








    	 



    	 



    

EXHIBIT C


COMMENCEMENT AGREEMENT


 


This COMMENCEMENT
AGREEMENT (the “Agreement”), made and entered into as of this _______ day of ________________, 2014, by and between
HIGHWOODS DLF 98/29, LLC, a Delaware limited liability company (“Landlord”) and SAFETY QUICK LIGHTING &
FANS CORP., a Florida corporation (“Tenant”);


 


W I T N E S S E T H :


 


WHEREAS, Tenant and
Landlord entered into that certain Lease Agreement dated _____________ (the “Lease”), for space designated as Suite
154, comprising approximately 1,290 rentable square feet, in the One Point Royal Building, located at 4400 North Point Parkway,
City of Atlanta, County of Fulton, State of Georgia; and


 


WHEREAS, the parties
desire to amend the Rent Schedule and further alter and modify said Lease in the manner set forth below,


 


NOW, THEREFORE,
in consideration of the mutual and reciprocal promises herein contained, Tenant and Landlord hereby agree that said Lease hereinafter
described be, and the same is hereby modified in the following particulars, effective as of _____________________:


 


	1.		Lease Term. The definition for “Term”, provided in Section One
of the Lease, entitled “Basic Definitions and Provisions” shall be amended to provide that the Commencement Date is:
_____ and the Expiration Date is: _________.



	2.		Base Rent. The definition for “Rent”, provided in Section One of
the Lease, entitled “Basic Definitions and Provisions”, shall be amended as follows:



	a.		Base Rent. Subsection 1(f) entitled “Base Rent”, is amended to
provide that the Base Rent for the Term shall be $ __________, instead of $______________.



	b.		Rent Schedule. The rent schedule provided in Subsection 1(f) shall be replaced
with the following rent schedule:



	3.		Miscellaneous. Unless otherwise defined herein, all capitalized terms used
in this Agreement shall have the same definitions ascribed to them in the Lease.



	4.		Lease Effectiveness. Except as modified and amended by this Agreement, the
Lease shall remain in full force and effect.



 


[BALANCE OF PAGE LEFT INTENTIONALLY BLANK;


SIGNATURES ON FOLLOWING PAGE]




    	 



    	 



    

IN WITNESS WHEREOF, Landlord and Tenant have caused
this Agreement to be duly executed, as of the day and year first above written.


 


Tenant:


SAFETY QUICK LIGHTING & FANS
CORP.


a Florida corporation


 





	By:	 	 
	Name:	 	 
	Title:	 	 
	Date:	 	 
	Attest:	 	 
	 		Secretary
		Corporate Seal:	 



  


[If Tenant is a corporation, the authorized
officers must sign no behalf of the corporation and indicate the capacity in which they are signing. This Lease must be executed
by the President or Vice President and attested by the Secretary or Assistant Secretary, unless the bylaws or a resolution of
the board of directors shall provide otherwise, in which case, the bylaws or a certified copy of the resolution must be attached
to this Lease. The appropriate corporate seal must also be affixed.]


 


Landlord:


HIGHWOODS DLF 98/29, LLC


a Delaware limited liability company


By: Highwoods DLF, LLC,
its manager


a Delaware limited
liability company


By: Highwoods
Realty Limited Partnership, its sole member


a North Carolina
limited partnership


By: Highwoods
Properties, Inc., its sole general partner


a Maryland corporation


 


 


	By:	 	 
	 	 	Jim Bacchetta, Vice President and Division Manager











    	 



    	 



    

EXHIBIT D


ACCEPTANCE OF PREMISES


 


	Tenant:	 
	Landlord	 
	Date Lease Signed:	 	 
	Term of Lease:	 	Months
	 	 	 
	 
	 

        Address of Leased Premises

	Suite:	 	Containing approximately	 	square feet, located
	at	 
	 	 
	 
	Commencement Date:	 
	Expiration Date:	 
	 
	The above described Premises are accepted
    by Tenant as suitable for the purpose for which they were let.  The
	above described lease term commences
    and expires on the dates set forth above.  Tenant acknowledges that on
	 	it received from Landlord	 	keys to the Premises.  It
    is understood that if there is a
	punch list which will be completed
    after move-in, then said punch list will be an exhibit hereto.
	 
	TENANT	 	LANDLORD
	 	 	 
	(Type/Print
    Name of Tenant)	 	 (Type/Print
    Name of Landlord)
	(Signature)

         
	 	(Signature)

         

	(Type/Pint Name and Title)	 	(Type/Print
    Name and Title)