OF SUCH DATES SHALL BE DEEMED ACCEPTED.
(B)
UPON NOTIFICATION BY LANDLORD, LANDLORD AND TENANT SHALL SCHEDULE
A PRE-OCCUPANCY INSPECTION OF THE PREMISES AT WHICH TIME A PUNCHLIST OF MINOR
OUTSTANDING ITEMS, IF ANY, AND TO THE EXTENT THEY ARE ASCERTAINABLE AT THAT
TIME, SHALL BE COMPLETED.
WITHIN A REASONABLY PROMPT TIME THEREAFTER, LANDLORD
SHALL COMPLETE THE PUNCHLIST ITEMS TO TENANT'S REASONABLE SATISFACTION.
FOR THE
PURPOSE OF THE LEASE, PUNCHLIST ITEMS ARE THOSE MINOR ADJUSTMENTS, REPAIRS,
REPLACEMENTS AND THE FAILURE TO COMPLETE OF WHICH, TAKEN AS A WHOLE SHALL NOT
INTERFERE WITH OR DISRUPT TENANT'S INTENDED USE OF THE PREMISES IN THE MANNER
CONTEMPLATED.
NO PUNCHLIST REPAIRS, REPLACEMENTS OR ADJUSTMENTS TO BE MADE BY
LANDLORD OR ITS AGENTS SHALL MATERIALLY INTERFERE WITH ANY OF TENANT'S PERMITTED
USES AT THE PREMISES AND LANDLORD AND ITS AGENTS WILL EXERCISE ALL REASONABLE
MEANS TO MINIMIZE INCONVENIENCE AND/OR DISRUPTION TO TENANT, ITS EMPLOYEES,
CLIENTS, VENDORS AND INVITEES.
(C)
IN THE EVENT THAT THE PREMISES ARE NOT READY FOR TENANT'S
OCCUPANCY AT THE TIME HEREIN FIXED FOR THE BEGINNING OF THE TERM OF THIS LEASE,
BECAUSE OF ANY ALTERATIONS OR CONSTRUCTION NOW OR HEREAFTER BEING CARRIED ON
EITHER TO THE PREMISES OR THE BUILDING , OR BECAUSE OF ANY RESTRICTIONS,
LIMITATIONS OR DELAYS CAUSED BY GOVERNMENT REGULATIONS OR GOVERNMENTAL AGENCIES,
THIS LEASE AND THE TERM HEREOF SHALL NOT BE AFFECTED THEREBY, NOR SHALL TENANT
BE ENTITLED TO MAKE ANY CLAIM FOR OR RECEIVE ANY DAMAGES WHATSOEVER FROM
LANDLORD; PROVIDED, HOWEVER, NO RENT OR OTHER SUMS HEREIN PROVIDED TO BE PAID BY
TENANT SHALL BECOME DUE UNTIL THE PREMISES ARE SUBSTANTIALLY COMPLETED AND
REASONABLY DEEMED BY LANDLORD AND TENANT TO BE READY FOR TENANT'S OCCUPANCY, AND
UNTIL THAT TIME, THE RENT AND OTHER SUMS DUE HEREUNDER SHALL BE SUSPENDED.
3
4.
CONSTRUCTION BY LANDLORD
(A)
LANDLORD SHALL CONSTRUCT, AT ITS SOLE COST AND EXPENSE, THE
BUILDING IN ACCORDANCE WITH BASE BUILDING SPECIFICATIONS ("LANDLORD'S WORK") AS
SET FORTH IN THE WORK LETTER ATTACHED HERETO AS EXHIBIT "E" ("WORK LETTER").
(B)
LANDLORD TO PROVIDE A "TURNKEY" BUILD OUT AS PER LANDLORD APPROVED
PLANS AND SPECIFICATION ATTACHED HERETO AS "EXHIBIT E" ("TENANT'S WORK").
TENANT'S WORK SHALL NOT INCLUDE (1) DRY SPRINKLER SYSTEM IN TENANT COMPUTER ROOM
AND (2) CEILING TILE ALTERNATE BEYOND THE "SECOND LOOK" BUILDING STANDARD BUT
TENANT WORK SHALL INCLUDE A $2,000 ALLOWANCE TOWARD ADDITIONAL STRUCTURAL STEEL
NECESSITATED BY A TENANT MOVABLE FILING SYSTEM.
(C)
IN ADDITION TO THE TENANT'S WORK, LANDLORD SHALL PROVIDE AN
ADDITIONAL ALLOWANCE UP TO $2.00 PER RENTABLE SQUARE FOOT OF THE PREMISES TO BE
USED SOLELY BY TENANT FOR MOVING EXPENSES ("MOVING ALLOWANCE").
THE MOVING
ALLOWANCE SHALL BE PAID UPON RECEIPT OF PAID INVOICES EVIDENCING THE MOVING
EXPENSE.
(D)
LANDLORD SHALL PROVIDE TENANT WITH A CONSTRUCTION SCHEDULE FOR THE
LANDLORD'S WORK AND THE TENANT'S WORK.
IN THE EVENT LANDLORD CLOSES ON THE
POTENTIAL ACQUISITION OF THE BUILDING WHERE TENANT IS CURRENTLY A TENANT, 5
GREENTREE CENTER, LINCOLN DRIVE WEST, MARLTON, NEW JERSEY ("5 GREENTREE
PREMISES") AND TENANT IS UNABLE TO OCCUPY