AS
EXHIBIT G-1 FOR RECORDATION AGAINST THE BUILDING AND TENANT AND LANDLORD'S
AFFILIATE THAT OWNS THE ADJACENT PARCEL THAT COMPRISES THE PORTION OF THE
PROJECT ON WHICH THE 29901 BUILDING IS LOCATED (THE "29901 PARCEL") SHALL
EXECUTE AND ACKNOWLEDGE A MEMORANDUM OF LEASE ALSO IN THE FORM ATTACHED HERETO
AS EXHIBIT G-2 FOR RECORDATION AGAINST THE ADJACENT PARCEL (EACH, A "MEMO OF
LEASE").
WITHIN FIVE (5) BUSINESS DAYS FOLLOWING THE DATE OF FULL EXECUTION AND
DELIVERY OF THIS LEASE, LANDLORD SHALL CAUSE EACH MEMO OF LEASE TO BE
APPROPRIATELY RECORDED WITH THE LOS ANGELES COUNTY RECORDER'S OFFICE AND SHALL
PROVIDE TENANT WITH REASONABLE EVIDENCE THEREOF.
UPON A SALE OF THE 29901
PARCEL, TENANT SHALL, UPON REQUEST OF LANDLORD, EXECUTE A TERMINATION OF THE
MEMO OF LEASE FOR THE 29901 PARCEL PROVIDED THAT LANDLORD PROVIDES TENANT WITH
ALTERNATE ASSURANCE (SUCH AS AN EASEMENT AGREEMENT OR SIMILAR UNDERTAKING FROM
THE BUYER) THAT SUCH BUYER WILL NOT INTERFERE WITH TENANT'S RIGHTS WITH RESPECT
TO THE 29901 PARCEL.
ARTICLE 2
LEASE TERM; OPTION TERM
2.1
IN GENERAL.
THE TERMS AND PROVISIONS OF
THIS LEASE SHALL BE EFFECTIVE AS OF THE DATE OF THIS LEASE.
THE TERM OF THIS
LEASE (THE "LEASE TERM") SHALL BE AS SET FORTH IN SECTION 3.1 OF THE SUMMARY.
THE TERM OF TENANT'S LEASE OF THE PREMISES SHALL COMMENCE ON THE DATE SET FORTH
IN SECTION 3.2 OF THE SUMMARY (THE "LEASE COMMENCEMENT DATE"), AND SHALL
TERMINATE ON THE DATE SET FORTH IN SECTION 3.3 OF THE SUMMARY (THE "LEASE
EXPIRATION DATE"), UNLESS THIS LEASE IS SOONER TERMINATED OR EXTENDED AS
HEREINAFTER PROVIDED.
FOR PURPOSES OF THIS LEASE, THE TERM "LEASE YEAR" SHALL
MEAN EACH CONSECUTIVE TWELVE (12) MONTH PERIOD DURING THE LEASE TERM, PROVIDED
THAT THE LAST LEASE YEAR SHALL END ON THE LEASE EXPIRATION DATE.
AT ANY TIME
DURING THE FIRST SIX (6) MONTHS OF THE LEASE TERM, LANDLORD MAY DELIVER TO
TENANT A NOTICE IN THE FORM AS SET FORTH IN EXHIBIT C, ATTACHED HERETO, AS A
CONFIRMATION ONLY OF THE INFORMATION SET FORTH THEREIN, WHICH, PROVIDED THE SAME
IS FACTUALLY ACCURATE, TENANT SHALL EXECUTE AND RETURN TO LANDLORD WITHIN TEN
(10) BUSINESS DAYS OF RECEIPT THEREOF.
2.2
OPTION TERM.
2.2.1
OPTION RIGHT.
LANDLORD HEREBY GRANTS THE ORIGINAL
TENANT, ITS AFFILIATES OR AN ASSIGNEE PERMITTED OR APPROVED PURSUANT TO THE
TERMS OF ARTICLE 14 OF THIS LEASE (A "PERMITTED ASSIGNEE"), AS THE CASE MAY BE,
ONE (1) OPTION TO EXTEND THE LEASE TERM (THE "OPTION") FOR A PERIOD OF FIVE (5)
YEARS (THE "OPTION TERM"), WHICH OPTION SHALL BE EXERCISABLE ONLY BY WRITTEN
NOTICE DELIVERED BY TENANT TO LANDLORD AS PROVIDED BELOW, PROVIDED THAT, AS OF
THE DATE OF DELIVERY OF SUCH NOTICE, TENANT IS NOT IN DEFAULT UNDER THIS LEASE
FOLLOWING THE EXPIRATION OF ANY APPLICABLE NOTICE AND CURE PERIOD.
UPON THE
PROPER EXERCISE OF SUCH OPTION, THE LEASE TERM, AS IT APPLIES TO THE PREMISES,
SHALL BE EXTENDED FOR A PERIOD OF FIVE (5) YEARS.
THE RIGHTS CONTAINED IN THIS
SECTION 2.2 SHALL BE PERSONAL