Document:

Patent Cross License and Covenant Not to Sue Agreement

 Exhibit 10.7 
 CONFIDENTIAL TREATMENT REQUESTED. CONFIDENTIAL PORTIONS OF THIS DOCUMENT HAVE BEEN REDACTED AND HAVE BEEN SEPARATELY FILED WITH THE COMMISSION. 
 PATENT CROSS LICENSE AND COVENANT NOT TO SUE 
 This Patent Cross License and Covenant Not
To Sue (hereinafter “Patent Cross License”) is made and entered into as of this 1st day of November, 2006 (hereinafter the “EFFECTIVE DATE”) by and between SIRF Technology, Inc., a Delaware Corporation having its principal place
of business at 148 E. Brokaw Road, San Jose, California 95112 on the one hand (hereinafter “SiRF”), and u-NAV Microelectronics Corporation, a Delaware Corporation, having its principal place of business at 8 Hughes, Irvine, California
92618, and u-NAV Microelectronics Finland OY, a Finnish corporation having its principal place of business at Hermiankatu 6-8 D, Tampere FIN-33720, Finland on the other hand (collectively hereinafter “u-NAV”). SIRF and u-NAV are
collectively referred to herein as the “Parties” and individually as “Party.” 
 RECITALS 
 WHEREAS, as part of the settlement of Civil Action No. SACV05-773 CJC (ANX) filed by SiRF against u-NAV on August 5, 2005, in the United States District Court,
Central District of CA., Santa Ana Division, SIRF and u-NAV desire to enter into this Patent Cross License; and 
  

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 WHEREAS, each party agrees to grant the other party licenses under certain patents with respect to certain products as
set forth herein and agrees to release the other party from certain claims of past patent infringement arising out of the activities of the other party; 
 NOW, THEREFORE, in consideration of the above premises and mutual covenants hereinafter contained, the parties agree as follows: 
 SECTION 1 
 DEFINITIONS 
 As used in this Patent Cross License the term: 
 1.1 “SUBSIDIARY(IES)” means any corporation, company, or other
entity of which more than fifty percent (50%) of the outstanding shares or stock is owned or controlled by either party and, in the case of SiRF, also its PARENT, hereto, directly or indirectly, now or hereafter, or which is otherwise owned or
controlled by a party, but any such entity shall be deemed to be a SUBSIDIARY only so long as such ownership or control exists. 
 1.2 “GPS
PRODUCTS” means an integrated circuit or circuits, including firmware resident in the GPS base band, which consist of (a) a Global Positioning System (“GPS”) base band chip or a GPS RF chip, together or separately, or (b) a
multi-chip package encapsulating both a GPS base band die and a GPS RF die or (c) a single chip wherein the GPS base band die and GPS RF die reside on one piece of silicon, that carry out the STANDALONE GPS processing of signals 

  

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received from GPS satellite vehicles for GPS signal acquisition or tracking and/or for position computation purposes. 
 1.3 “PATENT(S)” means all classes or types of patents, utility models, design patents, and applications therefore of all countries of the world, which are
issued, published, or have a first effective filing date *** including continuation(s), divisional(s), reissue application(s) and foreign counterpart(s) thereof. The term “PATENT(S)” does not include copyrights, trademarks, mask work
rights, or any know-how or trade secret rights. 
 1.4 “CORE GPS PATENTS” means the PATENTS of either party with claims to subject matter limited
to the structures of or the methods implemented by the *** of the GPS *** and/or ***; such as, for example, the following: ***, ***, ***, ***, and ***. The term “CORE GPS PATENTS” includes all PATENTS ***, excluding U.S. Pat. No. ***, as
the *** is defined in the Settlement Agreement and Mutual Release to which this Patent Cross License is attached as Attachment A. For the avoidance of doubt, the term “CORE GPS PATENTS” only includes patents with claims to *** and does not
include patents with one or more claims to any of the following subject matter: (1) products that utilize *** involving the processing of *** that may be input to or output from a *** including, but not limited to, by a *** (e.g., ***), or a
*** (e.g., *** systems) but excluding *** received directly from *** or from one or more *** (e.g., ***) and (2) products that utilize *** or *** both from *** other than ***. 
 1.5 “SiRF LICENSED PATENTS” means CORE GPS PATENTS listed on Schedule 1 assigned to SiRF or its PARENT or SUBSIDIARIES, which were *** or *** on ***, including CORE GPS PATENTS (i) which SiRF or its
PARENT or SUBSIDIARIES own, acquire, or 

  

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control as of ***, or (ii) under which SiRF has the right to grant licenses of the scope granted herein, without the payment of royalties or other
consideration to a third party or parties, except for payments to employees of SiRF or its PARENT or SUBSIDIARIES for inventions made by said employees while employed by SiRF or its PARENT or SUBSIDIARIES and also except for any other payments for
which u-NAV agrees to reimburse SiRF. For the purpose of clarification, the phrase “the payment of royalties or other consideration” hereinabove shall never be construed to include any payment made by SiRF as consideration for the
acquisition of the patents, utility models, design patents, applications, or licenses or rights thereunder. 
 1.6 “u-NAV LICENSED PATENTS” means
CORE GPS PATENTS listed on Schedule 2, assigned to u-NAV or its SUBSIDIARIES which were *** or *** on ***, including CORE GPS PATENTS (i) which u-NAV or SUBSIDIARIES own, acquire, or control as of ***, or (ii) under which u-NAV has the
right to grant licenses of the scope granted herein, without the payment of royalties or other consideration to a third party or parties, except for payments to employees of u-NAV or its SUBSIDIARIES for inventions made by said employees while
employed by u-NAV or its SUBSIDIARIES and also except for any other payments for which SiRF agrees to reimburse u-NAV. For the purpose of clarification, the phrase “the payment of royalties or other consideration” hereinabove shall never
be construed to include any payment made by u-NAV as consideration for the acquisition of the patents, utility models, design patents, applications, or licenses or rights thereunder. 
 1.7 “LICENSED PRODUCTS” means GPS PRODUCTS. For the avoidance of doubt, LICENSED PRODUCTS shall not include ***. 
  

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 1.8 “ u-NAV LICENSED PRODUCTS” means the *** products and future *** which are manufactured by or on behalf of
u-NAV or its SUBSIDIARIES during the term of this Patent Cross License. For the avoidance of doubt, u-NAV LICENSED PRODUCTS shall not include any products of an INVESTOR in u-NAV or an ACQUIRING PARTY of u-NAV, manufactured by or on behalf of the
INVESTOR or ACQUIRING PARTY. 
 1.9 “SiRF LICENSED PRODUCTS” means the *** product lines and future *** which are manufactured by or on behalf of
SiRF or its SUBSIDIARIES during the term of this Patent Cross License. For the avoidance of doubt, SiRF LICENSED PRODUCTS shall not include any products of an INVESTOR in SiRF or an ACQUIRING PARTY of SiRF, manufactured by or on behalf of the
INVESTOR or ACQUIRING PARTY. 
 1.10 “HAVE-MADE” means the act of a party using a third party (i.e. someone other than the parties hereto)

 (a) to make, in whole or in part, in the case of u-NAV, u-NAV LICENSED PRODUCTS, or in the case of SiRF, SiRF LICENSED PRODUCTS, or a
portion thereof for the account of, and for the use or resale by, a party to this Patent Cross License wherein the die in said u-NAV LICENSED PRODUCT, in the case of u-NAV, or said SiRF LICENSED PRODUCT, in the case SiRF, is substantially designed
by the party or designed for the party at the request of the party, or designed by a third party for the party under development contract with the party, and/or 
  

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 (b) to assemble and/or test in the case of u-NAV, u-NAV LICENSED PRODUCTS or in the case of SiRF, SiRF
LICENSED PRODUCTS, using wafers owned by a party regardless of where the circuits on the wafers were designed and regardless of where the wafers were fabricated. 
 Notwithstanding the foregoing, in no event shall “HAVE-MADE” extend to any products that are manufactured by a third party for either party, sold to such party and resold, directly or indirectly by such party, to that third party.

 1.11 “ASP” means the actual selling price of u-NAV LICENSED PRODUCTS in an arm’s length transaction with a third party but excludes
shipping charges, insurance, and customs duties. Should a u-NAV LICENSED PRODUCT be sold in other than an arm’s length transaction, the ASP for that u-NAV LICENSED PRODUCT shall be the selling price of the same or comparable product in the same
calendar quarter in an arm’s length transaction. Should no such arm’s length sale have occurred in that calendar quarter, then the ASP for that u-NAV LICENSED PRODUCT shall be the average selling price in the arm’s length transaction
for u-NAV LICENSED PRODUCTS in the previous calendar quarter. 
 1.12 “STANDALONE GPS” means the mode of operation of a GPS subsystem in which
acquisition and tracking of the GPS satellite signals is performed based solely on the following: (1) information acquired directly from the GPS satellite constellation during that acquisition, tracking or position computation, or
(2) information stored within the GPS subsystem which was acquired directly from the GPS satellite constellation during previous acquisition or tracking of the GPS satellites, or (3) information entered manually by an operator. 

 

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 The acquisition or tracking or position computation referred to in the previous paragraph must be
performed without network, wireless or other aiding, that is, without access by the GPS subsystem to information from sources external to the GPS subsystem, such as (a) information related to the GPS satellite constellation including GPS time,
frequency, ephemeris, almanac, and similar information received by another GPS or other system from the GPS satellite constellation and relayed to the GPS subsystem by any means, or (b) any other information used for acquisition and/or tracking
received from a source external to the GPS subsystem, such as motion or position of the GPS subsystem. 
 For the avoidance of any
misunderstanding, a GPS subsystem utilizing signals from a local oscillator or other timing device for acquisition or tracking of the GPS satellite constellation is not operating in a STANDALONE GPS mode if such local oscillator or other timing
device receives information, such as GPS time, frequency and/or synchronization information, from a source other than the GPS subsystem. For purposes of this definition 1.12, the GPS subsystem only includes a TCXO reference clock and/or a Real Time
Clock (“RTC”) that are not calibrated to hold or be synchronized by GPS time. 
 1.13 “PARENT” means any corporation, company, or other
entity that owns or controls either party hereto, directly or indirectly, now or hereafter, but any such entity shall be deemed to be a PARENT only so long as such ownership or control exists. 
 1.14 “IP CORE TECHNOLOGY” means the technology embodied in the hardware description language or HDL used to represent the digital circuits of the base band
chip or the 

  

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analog circuits of the RF chip, where the HDL is typically licensed, among other related deliverables, to chip manufacturers for inclusion into other chips
or devices in lieu of the chips themselves. 
 1.15 “NET SALES” means a dollar amount calculated by multiplying the ASP for each u-NAV LICENSED
PRODUCT sold by the quantity of u-NAV LICENSED PRODUCTS sold at that ASP and summing the results of each such multiplication for all u-NAV LICENSED PRODUCTS sold in a given time period to arrive at total u-NAV sales of u-NAV LICENSED PRODUCTS in
United States dollars in the aforementioned period of time. Furthermore, the NET SALES amount shall be reduced by the total customer returns of u-NAV LICENSED PRODUCTS in the United States dollars in the aforementioned period of time. 
 1.16 “INVESTOR” shall mean a person who or an entity that subsequent to the EFFECTIVE DATE has equity in either party but such person or entity shall remain an
INVESTOR only for so long as the INVESTOR has an equity stake in the party. 
 SECTION 2 
 RELEASES 
 2.1 The release set forth in the
Settlement Agreement and Mutual Release to which this Patent Cross License is attached as Attachment A shall be deemed to be part of this Patent Cross License and thus is hereby incorporated herein by reference. 
  

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 SECTION 3 
 GRANT OF LICENSES AND COVENANTS 
 3.1 Subject to the other terms of this Patent Cross License, SiRF grants to
u-NAV and its SUBSIDIARIES a ***, ***, ***, license, ***, under all SiRF LICENSED PATENTS to make, HAVE-MADE, use, offer to sell, sell, lease, import, export, and/or otherwise dispose of u-NAV LICENSED PRODUCTS. 
 3.2 SiRF covenants not to sue u-NAV and its SUBSIDIARIES for PATENT infringement from the EFFECTIVE DATE of this Patent Cross License through ***, but thereafter SiRF
shall be entitled to sue u-NAV and/or its SUBSIDIARIES for infringement of any PATENT with respect to which a license is not granted hereunder for any acts by u-NAV and/or its SUBSIDIARIES after ***. Any such PATENT infringement suit will not allege
that infringements occurring on or before ***, are *** but may allege to be *** any infringement occurring after ***. This covenant not to sue is personal to u-NAV and to its SUBSIDIARIES, non-assignable, non-transferable and subject to the
termination provision of Section 3.5(a). 
 3.3 As part consideration for the rights granted by SiRF to u-NAV under Sections 3.1 and 3.2 above, u-NAV
grants to SiRF and its PARENT and SUBSIDIARIES a ***, ***, ***, ***, right and license, ***, under all u-NAV LICENSED PATENTS to make, HAVE-MADE, use, offer to sell, sell, lease, import, export, and/or otherwise dispose of SiRF LICENSED PRODUCTS

  

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 3.4 u-NAV covenants not to sue SiRF and its SUBSIDIARIES for PATENT infringement from the EFFECTIVE DATE of this Patent
Cross License through ***, but thereafter u-NAV shall be entitled to sue SiRF and/or its SUBSIDIARIES for infringement of any PATENT with respect to which a license is not granted hereunder for any acts by SiRF and/or its SUBSIDIARIES after ***. Any
such PATENT infringement suit will not allege that infringements occurring on or before ***, are *** but may allege to be *** any infringement occurring after ***. This covenant not to sue is personal to SiRF and to its SUBSIDIARIES, non-assignable
and non-transferable and subject to the termination provision of Section 3.5(a). 
 3.5 (a) Should, during the term of this Patent Cross License, the
business of u-NAV licensed hereunder be acquired by or merged with a third party (the “ACQUIRING PARTY”) either as a result of the ACQUIRING PARTY acquiring or merging the assets of u-NAV relating to the business, or by the ACQUIRING PARTY
obtaining actual or beneficial ownership or control, directly or indirectly, of more than fifty percent (50%) of u-NAV’s voting stock to control u-NAV, or by any other means, this Patent Cross License, including without limitation, the
licenses and covenants granted therein, shall automatically terminate unless the ACQUIRING PARTY, following the closing of the acquisition or merger (the “CLOSING DATE”), agrees in a signed writing received by SiRF within thirty
(30) calendar days following the CLOSING DATE in accordance with the notice provisions of this Patent Cross License, to be bound by the terms of this Patent Cross License, in which event the licenses granted by this Patent Cross License to
u-NAV shall be assigned to the ACQUIRING PARTY (directly or indirectly by virtue of operation of law pursuant to a merger or stock transfer), but only with respect to those u-NAV LICENSED PRODUCTS ***, *** and *** by u-NAV *** the *** and 

  

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either *** to *** or in *** by u-NAV *** the ***. Notwithstanding the foregoing, the covenants not to sue set forth in Sections 3.2 and 3.4 shall
automatically and permanently terminate in the event that the business of u-NAV is acquired by or merged with a third party, and such covenants may not be reinstated or revived in any way by u-NAV, SiRF and/or the ACQUIRING PARTY. 
 (b) This Patent Cross License shall not be assignable by either party to ***; ***; ***; ***; ***; ***; ***; ***; ***; or SUBSIDIARIES or affiliates or
successors of these entities (collectively, the “COMPETITORS”). 
 (c) Should one of the COMPETITORS or should two or more of the
COMPETITORS together acquire at least a twenty percent (20%) interest in u-NAV or any of its SUBSIDIARIES, either through acquisition of stock or otherwise, then this Patent Cross License, including, without limitation, the licenses and
covenants granted therein, shall automatically terminate on the CLOSING DATE of the investment or acquisition. 
 (d) In the event that the
ACQUIRING PARTY of u-NAV is a private capital investor (e.g., bank, venture capitalist, hedge fund, individual investor) and u-NAV is maintained after the CLOSING DATE as an independent corporate entity, then this Patent Cross License shall not
terminate, provided that and only for so long as (i) the ACQUIRING PARTY is not a Competitor, (ii) the ACQUIRING PARTY does not provide any goods and/or services in the markets for electronics, semiconductors, communications and/or
software but may, however, offer traditional financial services, and (iii) the ACQUIRING PARTY, following the CLOSING 

  

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DATE, agrees in a signed writing received by SiRF within thirty (30) calendar days following the CLOSING DATE in accordance with the notice provisions
of this Patent Cross License, to be bound by the terms of this Patent Cross License, in which event this Patent Cross License shall be assigned to the ACQUIRING PARTY (directly or indirectly by virtue of operation of law pursuant to a merger or
stock transfer). Provided that the ACQUIRING PARTY fulfills the requirement of parts (i), (ii) and (iii) herein, and provided further that SiRF provides its consent (not to be unreasonably withheld) in a signed writing to the ACQUIRING
PARTY’s taking control of u-NAV, the covenants not to sue set forth in Sections 3.2 and 3.4 shall continue in accordance with their terms; otherwise, the covenants not to sue set forth in Sections 3.2 and 3.4 shall automatically and permanently
terminate and such covenants may not be reinstated or revived in any way by either u-NAV, SiRF and/or the ACQUIRING PARTY. 
 (e) In the
event that u-NAV assigns this Patent Cross License to the ACQUIRING PARTY, under no circumstances shall the ACQUIRING PARTY have the right to further assign this Patent Cross License. 
 (f) For the avoidance of doubt, unless otherwise authorized by this Section 3.5, this Patent Cross License shall automatically terminate upon change
of control of u-NAV, where u-NAV is no longer an independent corporate entity. 
 3.6 In the event that SiRF is acquired by or merged with a third party,
this Patent Cross License shall continue in accordance with its terms; provided, however, that the covenants not to sue set forth in Sections 3.2 and 3.4 shall automatically and permanently terminate and such 

  

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covenants may not be reinstated or revived in any way by u-NAV, SiRF and/or the ACQUIRING PARTY. 
 3.7 The parties agree that no rights are granted or implied under this Patent Cross License under any patents other than the SiRF LICENSED PATENTS and u-NAV LICENSED
PATENTS as identified herein. 
 SECTION 4 
 PAYMENTS AND TAXES 
 4.1 In partial consideration for this Patent Cross License, u-NAV agrees to pay to SiRF
*** United States dollars ($***.00), wherein said partial consideration is due and payable upon signing of the Settlement Agreement and Mutual Release of which this Patent Cross License is Attachment A, in accordance with the following payment
schedules: 
 (a) *** dollars ($***.00) payable immediately upon signing of the Settlement Agreement and Mutual Release of which this Patent
Cross License is Attachment A. 
 (b) *** dollars ($***.00) payable on or before six months after the EFFECTIVE DATE of the Settlement
Agreement and Mutual Release of which this Patent Cross License is Attachment A. 
  

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 (c) *** dollars ($***.00) payable on or before nine (9) months after the EFFECTIVE DATE of the
Settlement Agreement and Mutual Release of which this Patent Cross License is Attachment A. 
 (d) Notwithstanding the foregoing, in the
event that u-NAV is acquired or merged under Section 3.5, the payment or payments due under Section 4.1(b) and Section 4.1(c) shall be accelerated and made due and payable on or before the CLOSING DATE. 
 4.2. During the term of this Patent Cross License and in further partial consideration for this Patent Cross License, u-NAV agrees to pay royalties on the NET SALES for
all sales of u-NAV LICENSED PRODUCTS according to the following royalty schedule: 
  

			
	 Calendar *** Royalty

		
	***	  	*** percent (***%)
		
	***	  	*** percent (***%)
		
	***	  	*** percent (***%)
		
	***	  	*** percent (***%)
		
	***	  	*** percent (***%)

 For the avoidance of doubt, in the event that this Patent Cross License is terminated without dispute, u-NAV is
obligated to pay a pro rated share of royalties owed only through the date of termination. 
  

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 4.3. All payments under this Patent Cross License shall be made by electronic transfer to the designated account of SiRF
in United States Dollars, are exclusive of and without any deduction for applicable foreign, federal, state and local excise, sales, use and similar taxes or charges of any kind, as follows: beneficiary is SiRF Technology, Inc. at 148 East Brokaw
Road, San Jose, California 95112, U.S.A. Advise through Silicon Valley Bank, 3003 Tasman Drive, Santa Clara, California 95054, U.S.A. Account #            . ABA
#            . The royalties payable by u-NAV to SiRF under Section 4.2 are due and payable quarterly net forty five (45) days. For the avoidance of doubt, the royalties
payable by u-NAV to SiRF for the first, second, third and fourth quarters of 2006 are due and payable December 30, 2006, net forty five (45) days. Notwithstanding the foregoing, in the event that u-NAV is acquired or merged under
Section 3.5 herein prior to December 30, 2006, pro rated payments shall be accelerated under this Section 4.3 and made due and payable on or before the CLOSING DATE, and payments due to be made thereafter by the ACQUIRING PARTY are
due and payable quarterly net forty-five (45) days. 
 4.4. While u-NAV is paying royalties under Section 4.2, u-NAV shall deliver to SiRF a
quarterly royalty report no later than five (5) business days after the end of each calendar quarter. For each quarter, the royalty report shall state the NET SALES for all u-NAV LICENSED PRODUCT sold. For the avoidance of doubt, four quarterly
royalty reports from u-NAV are due on January 3, 2007, for the first, second, third and fourth quarters of 2006. Notwithstanding the foregoing, in the event that u-NAV is acquired or merged under Section 3.5 herein prior to
December 30, 2006, royalty reports shall be due on the CLOSING DATE. For the avoidance of doubt, u-NAV shall be under no obligation to provide any breakdown by individual u-NAV LICENSED PRODUCT sold, geographic region of sale, customer, or
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ASP information to SIRF, but u-NAV shall be required to provide such information to independent auditors under Section 4.7 below. 
 4.5. Any payment once made by u-NAV to SiRF pursuant to this Patent Cross License shall not be refunded to u-NAV for any reason, except in the case of administrative
errors, such as mistakes in typing, calculation or other simple clerical oversight. 
 4.6. u-NAV shall pay interest to SiRF upon any and all amounts overdue
and payable under this Patent Cross License at the per annum rate of *** percentage (***%) points over LIBOR (London Interbank Offered Rates), from the due date of the payment through the date of actual payment. 
 4.7 (a) SiRF shall have the right to hire an independent accounting firm to audit the records of u-NAV from time-to-time, not to exceed twice annually, during the
duration of this Patent Cross License and for three (3) years thereafter to determine the correctness of the royalties paid by u-NAV to SiRF under this Patent Cross License. 
 (b) Should the audit show that u-NAV has underpaid royalties due to SiRF, then u-NAV shall, within ten (10) business days following the notice of
such underpayment from SiRF, pay to SiRF the underpayment plus interest at the prime rate plus *** percent per year. u-NAV shall reimburse SiRF for the cost of the audit if u-NAV has underpaid royalties due by more than *** percent (*** %).

  

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 (c) Should u-NAV contest the underpayment, u-NAV must do so within said ten (10) business days of
receipt of the notice of underpayment and then the parties shall meet within ten (10) business days following the receipt by SiRF of u-NAV’s protest to try and resolve the issue. Should the parties be unable to resolve the issue within
said ten (10) business days, then the parties shall select a neutral third party to review the issue and make a final, non-appealable decision, one way or the other. Should the parties be unable to agree upon a neutral third party within ten
(10) business days following the meeting at which the parties are unable to resolve the issue, then either party can request the Judicial Arbitration and Mediation Services (JAMS) to select an arbitrator to hear and then resolve the dispute.
The arbitration shall take place at Santa Clara County, California. Judgment on an award rendered by the arbitrator may be entered in any court having competent jurisdiction. Notwithstanding the foregoing, either Party may apply to any court of
competent jurisdiction for preliminary or interim equitable relief, or to compel arbitration in accordance with this Section, without breach of this provision. All arbitration proceedings shall be conducted in the English language. Each Party shall
be responsible for its own arbitration costs. Each Party shall cooperate with the other in making full disclosure of and providing complete access to all information and documents reasonably requested by the other Party in connection with such
proceedings, subject only to any confidentiality obligations binding on such Party. 
 (d) Should the audit show an overpayment by u-NAV of
royalties, then SiRF shall credit the overpayment against future royalties due under this Patent Cross License. 
  

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 (e) u-NAV agrees to preserve and maintain all records relating to sales of u-NAV LICENSED PRODUCTS for at
least three (3) calendar years following the calendar year in which the sales occurred. 
 SECTION 5 
 EFFECTIVE DATE, TERM AND TERMINATION 
 5.1 This
Patent Cross License shall become effective as of the “EFFECTIVE DATE”. 
 5.2 (a) Unless otherwise terminated pursuant to the terms of this Patent
Cross License, the term of this Patent Cross License shall be from the EFFECTIVE DATE until the expiration of the last SiRF LICENSED PATENT or u-NAV LICENSED PATENT, whichever is later, whereupon the licenses granted in Section 3 shall
terminate. 
 (b) Upon the reasonable written request of either party, the parties shall negotiate in good faith with respect to a subsequent
Patent Cross License and the terms and conditions thereof but failure to agree on the terms of any subsequent patent cross license shall not be deemed a breach of this Patent Cross License. 
 5.3 (a) In the event of any default in the performance of its obligations hereunder by either party, or any material breach of this Patent Cross License by either party,
and if such default or material breach is not corrected within thirty (30) days after written notice by the non-breaching party of such default or material breach or within such other period of time expressly set forth in this Patent Cross
License, this Patent Cross License may be terminated by the non- 
  

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 breaching party forthwith by written notice to the defaulting or breaching party, provided that such termination shall
not affect any payment obligation arising prior to such termination. 
 (b) The licenses with respect to u-NAV LICENSED PRODUCTS and SiRF
LICENSED PRODUCTS made, used, sold, or disposed of prior to the date of termination in accordance with the terms and conditions of this Patent Cross License pursuant to Section 3 shall survive any such termination provided any applicable
royalty has been or will be paid in accordance with this Patent Cross License. 
 (c) u-NAV agrees to secure the amount(s) owed to SiRF under
Section 4.1 for *** United States dollars ($***.00) and under Section 4.2 for royalties due and payable for calendar *** with a security interest in u-NAV’s PATENTS, and SiRF shall become a preferred, secured creditor of u-NAV. u-NAV
agrees to execute concurrently with this Patent Cross License the Affirmative Grant of Security Interest in the form attached hereto as Exhibit A and the UCC1 Financing Statement in the form attached hereto as Exhibit B. u-NAV agrees to promptly
execute upon SiRF’s request all documents reasonably required to perfect this security interest. When u-NAV satisfies its payment obligations to SiRF under Section 4.1 for *** United States dollars ($***.00) and under Section 4.2 for
royalties due and payable for calendar ***, SiRF agrees to resign within five (5) business days its status as a preferred, secured creditor of u-NAV. 
  

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 5.4 The party that is not suffering financial distress pursuant to subsections 5.4(a) through 5.4(f) hereunder shall have
the right to terminate this Patent Cross License by giving written notice of termination to the other party at any time upon or after: 
 (a)
the filing by either party of a petition in bankruptcy or insolvency; 
 (b) any adjudication that either party is bankrupt or insolvent;

 (c) the filing by either party of any petition or answer seeking reorganization, readjustment or arrangement of its business under any law
relating to bankruptcy or insolvency; 
 (d) the appointment of a receiver for all or substantially all of the property of either party;

 (e) the making by either party of any assignment for the benefit of creditors; or 
 (f) the institution of any proceeding for the liquidation or winding up of the business of either party or for the termination of the corporate charter
of either party; for the avoidance of doubt, nothing in this Section 5.4(f) shall apply to the business of either party solely because there is an acquisition of such party. 
 This Patent Cross License shall terminate on the tenth (10th) business day after such notice of termination is given. 
  

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 5.5 This Patent Cross License shall be subject to all laws, present and future, of any Government having jurisdiction of
the parties hereto or their respective PARENTS and SUBSIDIARIES, and to orders, regulations, and directives thereof including court orders. 
 5.6 Neither
party shall be liable to the other party with respect to the failure or delay in the performance of any obligation under this Patent Cross License for the time of and to the extent that such failure is caused by or the result of war, fire, flood,
earthquake, acts of god or any causes beyond the reasonable control of the parties. 
 SECTION 6 
 MISCELLANEOUS PROVISIONS 
 6.1 Each party
represents and warrants that it has the right to grant the releases, licenses and other covenants granted herein. 
 6.2 Nothing contained in this Patent
Cross License shall be construed as: 
 (a) a warranty or representation by the parties as to the validity or scope of, in the case of u-NAV,
any u-NAV LICENSED PATENTS, and, in the case of SiRF, any SiRF LICENSED PATENTS; 
  

 21 

 (b) a warranty or representation by either party that any manufacture, sale, use, or other disposition
of, in the case of u-NAV, u-NAV LICENSED PRODUCTS, and, in the case of SiRF, SiRF LICENSED PRODUCTS, by the other party will be free from infringement of patents, utility models, and/or design patents other than those under which licenses have been
explicitly granted hereunder; 
 (c) an agreement by a party owning in the case of u-NAV, u-NAV LICENSED PATENTS and, in the case of SiRF,
SiRF LICENSED PATENTS, to bring or prosecute actions or suits against third parties for infringement of one or more of said patents, or conferring any right on the licensee under said patents to bring or prosecute actions or suits against third
parties for infringement; 
 (d) conferring any right on one party to use in advertising, publicity, or otherwise, any trademark, trade name
or names of the other party, or any contraction, abbreviation or simulation thereof; 
 (e) conferring by implication, estoppel or otherwise,
upon either party licensed hereunder, any license or other right under any class or type of patent, utility model, or design patent except the licenses and rights expressly granted hereunder; or 
 (f) an obligation to furnish any technical information or know-how. 
 6.3 This Patent Cross License and the licenses granted herein shall inure to the benefit of the parties hereto, and to the SUBSIDIARIES of the parties hereto. 
  

 22 

 Unless expressly set forth in this Patent Cross License, neither party hereto nor any SUBSIDIARY shall assign or transfer
any of its rights or privileges hereunder without the prior written consent of the other party. 
 6.4 The parties shall keep the terms of this Patent Cross
License strictly confidential and shall not divulge the terms of this Patent Cross License or any part thereof to any third party that is not an employee or agent of a party, except: 
 (a) with the prior written consent of the other party; 
 (b) to any government body having jurisdiction and specifically requiring such disclosure, including disclosure deemed necessary or required by the Securities and Exchange Commission; 
 (c) as otherwise may be required by law, including when disclosure is compelled by a Court Order; or 
 (d) in confidence to legal counsel, accountants, banks, and chartered financial institutions and their advisors solely in connection with complying with
the terms and conditions of financial transactions; 
 (e) in confidence to third party investors or potential acquirers who are not
COMPETITORS, and only as part of a bona fide due diligence, and under a non-disclosure 
  

 23 

 agreement that protects confidentiality under terms at least as restrictive as terms in a party’s standard
non-disclosure agreement; or 
 (f) as part of a mutually agreed upon press release; 
 provided, however, that prior to any disclosure pursuant to paragraphs (b), (c) and/or (e) hereof, the party seeking disclosure shall notify the other party
and take all reasonable actions in an effort to minimize the nature and extent of such disclosure. 
 For the avoidance of doubt, subject to the exceptions
expressly set forth in this Section 6.4, the parties shall keep strictly confidential and shall not disclose to any third party the patents that are and are not licensed by either party under the licenses granted in Sections 3.1 and 3.3.

 The obligations of this Section 6.4 shall survive the expiration or termination of this Patent Cross License for a period of three (3) years
thereafter. In the event of any breach of this covenant, the parties shall promptly discuss and cooperate in good faith with respect to measures to mitigate any harmful effect of such breach and with respect to possible compensation to the injured
party, with any material breach of this covenant constituting grounds for termination by the non-breaching party pursuant to Section 5.3. 
 6.5 This
Patent Cross License is written in the English language, which language shall be controlling in all respects, and all versions hereof in any other language shall be for accommodation only and shall not be binding upon the parties hereto. All
communications to be made or given pursuant to this Patent Cross License shall be in English. 
  

 24 

 6.6 All notices required or permitted to be given hereunder shall be in writing and be deemed as given when dispatched,
and shall be addressed as follows and dispatched by personal delivery or registered mail, return receipt requested: 
 If to SiRF: 
 SiRF Technology, Inc. 
 148 East Brokaw Road 
 San Jose, CA 95112 
 Attn: Legal Department 
 Telephone: (408) 467-0410 
 Facsimile: (408) 453-7217 
 With copies to its attorneys: 
 MacPherson Kwok Chen & Heid

 2033 Gateway Place 
 Suite 400 
 San Jose, CA 95110 
 Telephone: (408) 392-9250 
 Facsimile: (408) 392-9262 
 If to u-NAV: 
 u-Nav Microelectronics Corporation 
 8 Hughes 
 Irvine, CA 92618 
 Attn: Legal Department 
 Telephone: (949) 453-2727 
 Facsimile: (949) 453-0423 
 With copies to its attorneys: 
 Knobbe Martens Olsen & Bear LLP

 2040 Main Street 
 14th Floor 
 Irvine, CA 92614 
 Telephone: (949) 760-0404 
 Facsimile: (949) 760-9502 
  

 25 

 Law Office of John Anecki 
 A
Professional Corporation 
 695 Town Center Drive 
 14th Floor 
 Costa Mesa, CA 92626 
 Telephone: (714) 751-1518 
 Facsimile: (866) 284-8073 
 Either party may at any time give written notice of a change of its address to the other party. 
 6.7 This Patent Cross
License and matters connected with the performance hereof shall be interpreted and construed in all respects in accordance with the laws of the State of California, without reference to those provisions regarding conflict of laws. All disputes under
this Patent Cross License shall be resolved by litigation in the courts in the State of California sitting in Santa Clara County if the litigation is brought by u-NAV and in Orange County if the litigation is brought by SiRF, including the federal
courts therein and each Party hereby consents to the exclusive jurisdiction and venue of such courts, agrees to accept service of process by mail and hereby waives any jurisdictional or venue defenses otherwise available to it. 
 6.8 If any provision of this Patent Cross License is held wholly or partially unenforceable for any reason, such unenforceability shall not affect the enforceability of
the remaining provisions of this Patent Cross License, and all provisions of this Patent Cross License shall be construed so as to preserve the enforceability hereof. 
 6.9 The terms and conditions of this Patent Cross License shall supersede all previous communications, either oral or written, between the parties hereto with respect to the subject matter hereof, and no agreement or
understanding varying, modifying, or extending these terms 

  

 26 

 
and conditions, nor any subsequent course of dealing or conduct of the parties, shall be binding upon either party hereto unless in writing and signed by a
duly authorized officer or representative of each party hereto. 
 6.10 The following sections and related definitions, exhibits and schedules shall survive
expiration or termination of this Patent Cross License: Sections 4, 5.3(c), 6.4, 6.6, 6.7, 6.8, 6.9 and 6.10. 
 6.11 This Patent Cross License may be
executed in any number of counterparts and by each Party on separate counterparts, each of which when so executed and delivered to the other shall be deemed an original and all of which taken together shall constitute one and the same instrument.
The Parties may initially exchange counterparts by facsimile transmission, with original counterparts to be exchanged promptly thereafter. 
 // 

// 
 // 
 // 
 // 
 // 
 // 
 // 
 // 
 // 
  

 27 

 IN WITNESS WHEREOF, the parties hereto have caused this Patent Cross License to be signed below by their respective duly
authorized officers. 
  

			
	SiRF:
		
	By:	 	 /s/ Geoff Ribar

	Name:	 	Geoff Ribar
	Title:	 	CFO
	Date:	 	November 1, 2006

  

			
	 u-NAV:

		
	 By:
	 	 /s/ Greg Winner

	 Name:
	 	 Greg Winner

	 Title:
	 	 CFO

	 Date:
	 	 November 2, 2006

  

			
	 u-NAV Finland

		
	 By:
	 	 /s/ Greg Winner

	 Name:
	 	 Greg Winner

	 Title:
	 	 CFO

	 Date:
	 	 November 2, 2006

  

 28 

 SCHEDULE 1 
 SiRF Patents 
  

							
	 	  	Country:	 	Patent No.:	 	 Title:

	***	  	***	 	***	 	***

  

 *** CONFIDENTIAL MATERIAL REDACTED AND SEPARATELY FILED WITH THE COMMISSION. 
 29 

 SCHEDULE 2 
 u-Nav Patents 
  

							
	 	  	Country:	 	Patent No.:	 	 Title:

	***	  	***	 	***	 	***

  

 *** CONFIDENTIAL MATERIAL REDACTED AND SEPARATELY FILED WITH THE COMMISSION. 
 30 

 EXHIBIT A 
 [Form of Security Interest Grant] 
  

 31 

 EXHIBIT B 
 [Form of UCC Financing Statement] 
  

 32Lease dated May 20, 2004

 Exhibit 10.9 
 [Image – AIR Logo] 
 STANDARD INDUSTRIAL/COMMERCIAL MULTI-TENANT LEASE – NET 
 AIR COMMERCIAL REAL ESTATE ASSOCIATION 
 1. Basic
Provisions (“Basic Provisions”). 
 1.1 Parties: This Lease (“Lease”), dated for reference purposes
only May 20, 2004. is made by and between Henry A. Pappani and Donald A. Perrucci, Co-Trustees of the Anthony Paul Perrucci Testamentary Trust; and Josephine E Perrucci 1978 Trust, Donald A Perrucci, Trustee (“Lessor”) and Sirf
Technology. Inc., a Delaware corporation (“Lessee”), (collectively the “Parties”, or individually a “Party”). 
 1.2(a) Premises: That certain portion of the Project (as defined below), including all improvements therein or to be provided by Lessor under the terms of this Lease, commonly known by the street address of 217
Devcon Drive, located in the City of San Jose, County of Santa Clara, State of California, with zip code 95112 as outlined on Exhibit A attached hereto (“Premises”) and generally described as (describe briefly the nature of the
Premises): Approximately 23,040 rentable square feet of R&D/Office space which is part of a 47,918 square foot building in addition lo Lessee’s rights to use and occupy the Premises as hereinafter specified. Lessee shall have non-exclusive
rights to the Common Areas (as defined in Paragraph 2.7 below) as hereinafter specified, but shall not have any rights to the roof, exterior walls or utility raceways of the building containing the Premises (“Building”) or to any
other buildings in the Project. The Premises, the Building, the Common Areas, the land upon which they are located, along with all other buildings and improvements thereon, are herein collectively referred to as the “Project.” (See
also Paragraph 2) 
 1.2(b) Parking: approximately 4/1000 (37) unreserved vehicle parking spaces (“Unreserved Parking
Spaces”); and 0 reserved vehicle parking spaces (“Reserved Parking Spaces”). (See also Paragraph 2.6) 
 1.3
Term: two (2) years and six (6) months (“Original Term”) commencing June 1, 2004 - See Addendum (“Commencement Date”) and ending November 30, 2006 (“Expiration Date”).
(See also Paragraph 3) 
 1.4 Early Possession: See Addendum Paragraph 51 (“Early Possession Date”). (See also
Paragraphs 3.2 and 3.3) 
 1.5 Base Rent: $9,600.00 See Addendum Paragraph 54 per month (“Base Rent”), payable on the
first day of each month commencing June 1, 2004 - See Addendum (See also Paragraph 4)   ̈  if this box is checked, there
are provisions in this Lease for the Base Rent to be adjusted. 
 1.6 Lessee’s Share of Common Area Operating Expenses: Months
1-12: 25%/Months 13-30: 48%              percent (            %) (“Lessee’s
Share”). 
 1.7 Base Rent and Other Monies Paid Upon Execution: 
 (a) Base Rent: $9,600.00 for the period June 1, 2004 (first month of Base Rent) 
 (b) Common Area Operating Expenses: $2,400.00 for the period of the 1st month of Lease. 
 (c) Security Deposit: $20,400.00 (“Security Deposit”). (See also Paragraph 5) 
 (d) Other:
$                     for
                     
 (e) Total Due Upon Execution of this Lease: $32,400.00 
 1.8 Agreed Use: The Premises shall be used and occupied for
general office, shipping storage and other legally related uses. (See also Paragraph 6) 
 1.9 Insuring Party. Lessor is the
“Insuring Party”. (See also Paragraph 8) 
 1.10 Real Estate Brokers: (Sea also Paragraph 15) 
 (a) Representation: The following real estate brokers (the “Brokers”) and brokerage relationships exist in this
transaction (check applicable boxes): 
  

	 	þ	CPS and Grubb & Ellis represents Lessor exclusively (“Lessor’s Broker”): 

  

	 	þ	CPS represents Lessee exclusively (“Lessee’s Broker”); or 

  

	 	 ̈	                     represents both Lessor and Lessee (“Dual
Agency”). 

 (b) Payment to Brokers: Upon execution and delivery of this Lease by both Parties,
Lessor shall pay to the Brokers the brokerage fee agreed to in a separate written agreement [Deleted Text]. 
 1.12 Addenda and Exhibits. Attached hereto is an Addendum or Addenda consisting of Paragraphs 50 through 56 and Exhibits
            through             , all of which constitute a part of this Lease. 
 2. Premises. 
 2.1 Letting. Lessor hereby
leases to Lessee, and Lessee hereby leases from Lessor, the Premises, for the term, at the rental, and upon all of the terms, covenants and conditions set forth in this Lease. Unless otherwise provided herein, any statement of size set forth in this
Lease, or that may have been used in calculating Rent, is an approximation which the Parties agree is reasonable and any payments based thereon are not subject to revision whether or not the actual size is more or less. 
 2.2 Condition. Lessor shall deliver that portion of the Premises contained within the Building (“Unit”) to Lessee broom clean and
free of debris on the Commencement Date or the Early Possession Date, whichever first occurs (“Start Date”), and, so long as the required service contracts described in Paragraph 7.1(b) below are obtained by Lessee and in effect
within thirty days following the Start Date, warrants that the existing electrical, 

  

					
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	HAP	  	Page 1 of 12	  	  
	Initials	  		  	Initials

 
plumbing, fire sprinkler, lighting, heating, ventilation and air conditioning systems (“HVAC”) loading docks, if any, and all other such
elements in the Unit, other than those constructed by Lessee, shall be in good operating condition on said date and that the structural elements of the roof, bearing walls and foundation of the Unit shall be free of material defects. If a
non-compliance with such warranty exists as of the Start Date, or if one of such systems or elements should malfunction or fall within the appropriate warranty period, Lessor shall, as Lessor’s sole obligation with respect to such matter,
except as otherwise provided in this Lease, promptly after receipt of written notice from Lessee setting forth with specificity the nature and extent of such non-compliance, malfunction or failure, rectify same at Lessor’s expense. The warranty
periods shall be as follows: (i) 6 months as to the HVAC systems, and (ii) 30 days as to the remaining systems and other elements of the Unit. If Lessee does not give Lessor the required notice within the appropriate warranty period,
correction of any such non-compliance, malfunction or failure shall be the obligation of Lessee at Lessee’s solo cost and expense (except for the repairs to the fire sprinkler systems, roof, foundations, and/or bearing walls - see Paragraph 7).

 2.3 Compliance. Lessor warrants that the improvements on the Premises and the Common Areas comply with the building codes that were
in effect at the time that each such improvement, or portion thereof, was constructed, and also with all applicable laws, covenants or restrictions of record, regulations, and ordinances in effect on the Start Date (“Applicable
Requirements”). Said warranty does not apply to the use to which Lessee will put the Premises or to any Alterations or Utility Installations (as defined in Paragraph 7.3(a)) made or to be made by Lessee. NOTE: Lessee is responsible for
determining whether or not the Applicable Requirements, and especially the zoning, are appropriate for Lessee’s intended use, and acknowledges that past uses of the Premises may no longer be allowed. If the Premises do not comply with said
warranty, Lessor shall, except as otherwise provided, promptly after receipt of written notice from Lessee setting forth with specificity the nature and extent of such non-compliance, rectify the same at Lessor’s expense. If Lessee does not
give Lessor written notice of a non-compliance with this warranty within 6 months following the Start Date, correction of that non-compliance shall be the obligation of Lessee at Lessee’s sole cost and expense. If the Applicable Requirements
are hereafter changed so as to require during the term of this Lease the construction of an addition to or an alteration of the Unit, Premises and/or Building, the remediation of any Hazardous Substance, or the reinforcement or other physical
modification of the Unit, Premises and/or Building (“Capital Expenditure”), Lessor and Lessee shall allocate the cost of such work as follows: 
 (a) Subject to Paragraph 2.3(c) below, if such Capital Expenditures are required as a result of the specific and unique use of the
Premises by Lessee as compared with uses by tenants in general, Lessee shall be fully responsible for the cost thereof, provided, however that if such Capital Expenditure is required during the last 2 years of this Lease and the cost thereof exceeds
6 months’ Base Rent, Lessee may instead terminate this Lease unless Lessor notifies Lessee, in writing, within 10 days after receipt of Lessee’s termination notice that Lessor has elected to, pay the difference between the actual cost
thereof and the amount equal to 6 months’ Base Rent. If Lessee elects termination, Lessee shall immediately cease the use of the Premises which requires such Capital Expenditure and deliver to Lessor written notice specifying a termination data
at feast 90 days thereafter. Such termination date shall, however, in no event be earlier than the last day that Lessee could legally utilize the Premises without commencing such Capital Expenditure. 
 (b) If such Capital Expenditure is not the result of the specific and unique use of the Premises by Lessee (such as, governmentally
mandated seismic modifications), then Lessor and Lessee shall allocate the obligation to pay for the portion of such costs reasonably attributable to the Premises pursuant to the formula set out in Paragraph 7.1 (d); provided, however, that if such
Capital Expenditure is required during the last 2 years of this Lease or if Lessor reasonably determines that it is not economically feasible to pay its share thereof, Lessor shall have the option to terminate this Lease upon 90 days prior written
notice to Lessee unless Lessee notifies Lessor, in writing, within 10 days after receipt of Lessor’s termination notice that Lessee will pay for such Capital Expenditure. If Lessor does not elect to terminate, and falls to tender its share of
any such Capital Expenditure, Lessee may advance such funds and deduct same, with interest, from Rent until Lessor’s share of such costs have been fully paid. If Lessee is unable to finance Lessor’s share, or if the balance of the Rent due
and payable for the remainder of this Lease is not sufficient to fully reimburse Lessee on an offset basis, Lessee shall have the right to terminate this Lease upon 30 days written notice to Lessor. 
 (c) Notwithstanding the above, the provisions concerning Capital Expenditures are intended to apply only to non-voluntary, unexpected, and
new Applicable Requirements. If the Capital Expenditures are instead triggered by Lessee as a result of an actual or proposed change in use, change in intensity of use, or modification to the Premises then, and in that event, Lessee shall be fully
responsible for the cost thereof, and Lessee shall not have any right to terminate this Lease. 
 2.4 Acknowledgements. Lessee
acknowledges that: (a) it has been advised by Lessor and/or Brokers to satisfy itself with respect to the condition of the Premises (including but not limited to the electrical, HVAC and fire sprinkler systems, security, environmental aspects,
and compliance with Applicable Requirements and the Americans with Disabilities Act), and their suitability for Lessee’s intended use, (b) Lessee has made such investigation as it deems necessary with reference to such matters and assumes
all responsibility therefor as the same relate to its occupancy of the Premises, and (c) neither Lessor, Lessor’s agents, nor Brokers have made any oral or written representations or warranties with respect to said matters other than as
set forth in this Lease. In addition, Lessor acknowledges that: (i) Brokers have made no representations, promises or warranties concerning Lessee’s ability to honor the Lease or suitability to occupy the Premises, and (ii) it is
Lessor’s sole responsibility to investigate the financial capability and/or suitability of all proposed tenants. 
 2.5 Lessee as
Prior Owner/Occupant. The warranties made by Lessor in Paragraph 2 shall be of no force or affect if immediately prior to the Start Date Lessee was the owner or occupant of the Premises. In such event, Lessee shall be responsible for any
necessary corrective work. 
 2.6 Vehicle Parking. Lessee shall be entitled to use the number of Unreserved Parking Spaces and
Reserved Parking Spaces specified in Paragraph 1.2(b) on those portions of the Common Areas designated from time to time by Lessor for parking. Lessee shall not use more parking spaces than said number. Said parking spaces shall be used for parking
by vehicles no larger than full-size passenger automobiles or pick-up trucks, herein called “Permitted Size Vehicles.” Lessor may regulate the loading and unloading of vehicles by adopting Rules and Regulations as provided in
Paragraph 2.9. No vehicles other than Permitted Size Vehicles may be parked in the Common Area without the prior written permission of Lessor. 
 (a) Lessee shall not permit or allow any vehicles that belong to or are controlled by Lessee or Lessee’s employees, suppliers, shippers, customers, contractors or invitees to be loaded, unloaded, or parked in
areas other than those designated by Lessor for such activities. 
 (b) Lessee shall not service or store any vehicles in the
Common Areas. 
 (c) It Lessee permits or allows any of the prohibited activities described in this Paragraph 2.6, then Lessor
shall have the right, without notice, in addition to such other rights and remedies that it may have, to remove or tow away the vehicle involved and charge the cost to Lessee, which cost shall be immediately payable upon demand by Lessor.

 2.7 Common Areas - Definition. The term “Common Areas” is defined as all areas and facilities outside the Premises
and within the exterior boundary line of the Project and interior utility raceways and installations within the Unit that are provided and designated by the Lessor from time to time for the general non-exclusive use of Lessor, Lessee and other
tenants of the Project and their respective employees, suppliers, shippers, customers, contractors and invitees, including parking areas, loading and unloading areas, trash areas, roadways, walkways, driveways and landscaped areas. 
 2.8 Common Areas - Lessee’s Rights. Lessor grants to Lessee, for the benefit of Lessee and its employees, suppliers, shippers, contractors,
customers and invitees, during the term of this Lease, the non-exclusive right to use, in common with others entitled to such use, the Common Areas as they exist from time to time, subject to any rights, powers, and privileges reserved by Lessor
under the terms hereof or under the terms of any rules and regulations or restrictions governing the use of the Project. Under no circumstances shall the right herein granted to use the Common Areas be deemed to include the right to store any
property, temporarily or permanently, in the Common Areas. Any such storage shall be permitted only by the prior written consent of Lessor or Lessor’s designated agent, which consent may be revoked at any time. In the event that any
unauthorized storage shall occur then Lessor shall have the right, without notice, in addition to such other rights and remedies that it may have, to remove the property and charge the cost to Lessee, which cost shall be immediately payable upon
demand by Lessor. 
 2.9 Common Areas - Rules and Regulations. Lessor or such other. person(s) as Lessor may appoint shall have the
exclusive control and management of the Common Areas and shall have the right, from time to time, to establish, modify, amend and enforce reasonable rules and regulations (“Rules and Regulations”) for the management, safety, care,
and cleanliness of the grounds, the parking and unloading of vehicles and the preservation of good order, as well as for the convenience of other occupants or tenants of the Building and the Project and their invitees. Lessee agrees to abide by and
conform to all such Rules and Regulations, and to cause its employees, suppliers, shippers, customers, contractors and invitees to so abide and conform. Lessor shall not be responsible to Lessee for the non-compliance with said Rules and Regulations
by other tenants of the Project. 
 2.10 Common Areas - Changes. Lessor shall have the right, in Lessor’s sole discretion, from
time to time: 
 (a) To make changes to the Common Areas, including, without limitation, changes in the location, size, shape
and number of driveways, entrances, parking spaces, parking areas, loading and unloading areas, ingress, egress, direction of traffic, landscaped areas, walkways and utility raceways; 
 (b) To close temporarily any of the Common Areas for maintenance purposes so long as reasonable access to the Premises remains available;

 (c) To designate other land outside the boundaries of the Project to be a part of the Common Areas; 
 (d) To add additional buildings and improvements to the Common Areas; 
 (e) To use the Common Areas while engaged in making additional improvements, repairs or alterations to the Project, or any portion
thereof; and 
 (f) To do and perform such other acts and make such other changes in, to or with respect to the Common Areas
and Project as Lessor may, in the exercise of sound business judgment, deem to be appropriate. 
 3. Term. 
 3.1 Term. The Commencement Date, Expiration Date and Original Term of this Lease are as specified in Paragraph 1.3. 
 3.2 Early Possession. If Lessee totally or partially occupies the Premises prior to the Commencement Date, the obligation to pay Base Rent shall
be abated for the period of such early possession. All other terms of this Lease (including but not limited to the obligations to pay Lessee’s Share 

  

					
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of Common Area Operating Expenses, Real Property Taxes and insurance premiums and to maintain the Premises) shall, however, be in effect during such period.
Any such early possession shall not affect the Expiration Date. 
 3.3 Delay in Possession. Lessor agrees to use its best commercially
reasonable efforts to deliver possession of the Premises to Lessee by the Commencement Date. If, despite said efforts, Lessor is unable to deliver possession as agreed, Lessor shall not be subject to any liability therefor, nor shall such failure
affect the validity of this Lease. Lessee shall not, however, be obligated to pay Rent or perform its other obligations until it receives possession of the Premises. If possession is not delivered within 60 days after the Commencement Date, Lessee
may, at its option, by notice in writing within 10 days after the end of such 60 day period, cancel this Lease, in which event the Parties shall be discharged from all obligations hereunder. If such written notice is not received by Lessor within
said 10 day period, Lessee’s right to cancel shall terminate. Except as otherwise provided, if possession is not tendered to Lessee by the Start Date and Lessee does not terminate this Lease, as aforesaid, any period of rent abatement that
Lessee would otherwise have enjoyed shall run from the date of delivery of possession and continue for a period equal to what Lessee would otherwise have enjoyed under the terms hereof, but minus any days of delay caused by the acts or omissions of
Lessee. If possession of the Premises is not delivered within 4 months after the Commencement Date, this Lease shall terminate unless other agreements are reached between Lessor and Lessee, in writing. 
 3.4 Lessee Compliance. Lessor shall not be required to tender possession of the Premises to Lessee until Lessee complies with its obligation to
provide evidence of insurance (Paragraph 8.5). Pending delivery of such evidence, Lessee shall be required to perform all of its obligations under this Lease from and after the Start Date, including the payment of Rent, notwithstanding Lessor’s
election to withhold possession pending receipt of such evidence of insurance. Further, if Lessee is required to perform any other conditions prior to or concurrent with the Start Date, the Start Date shall occur but Lessor may elect to withhold
possession until such conditions are satisfied. 
 4. Rent. 
 4.1 Rent Defined. All monetary obligations of Lessee to Lessor under the terms of this Lease (except for the Security Deposit) are deemed to be rent (“Rent”). 
 4.2 Common Area Operating Expenses. Lessee shall pay to Lessor during the term hereof, in addition to the Base Rent, Lessee’s Share (as
specified in Paragraph 1.6) of all Common Area Operating Expenses; as hereinafter defined, during each calendar year of the term of this Lease, in accordance with the following provisions: 
 (a) “Common Area Operating Expenses” are defined, for purposes of this Lease, as all costs incurred by Lessor relating to
the ownership and operation of the Project, including, but not limited to, the following: 
  

	 	(i)	The operation, repair and maintenance, in neat, clean, good order and condition of the following: 

  

	 	(aa)	The Common Areas and Common Area Improvements, including parking areas, loading and unloading areas, trash areas, roadways, parkways, walkways, driveways, landscaped areas, bumpers,
irrigation systems, Common Area lighting facilities, fences and gates, elevators, roofs, and roof drainage systems. 

  

	 	(bb)	Exterior signs and any tenant directories. 

  

	 	(cc)	Any fire detection and/or sprinkler systems. 

  

	 	(ii)	The cost of water, gas, electricity and telephone to service the Common Areas and any utilities not separately metered. 

  

	 	(iii)	Trash disposal, pest control services, property management. security services, and the costs of any environmental inspections. 

  

	 	(iv)	Reserves set aside for maintenance and repair of Common Areas. 

  

	 	(v)	Real Property Taxes (as defined in Paragraph 10). 

  

	 	(vi)	The cost of the premiums for the insurance maintained by Lessor pursuant to Paragraph 8. 

  

	 	(vii)	Any deductible portion of an insured loss concerning the Building or the Common Areas. 

  

	 	(viii)	The cost of any Capital Expenditure to the Building or the Project not covered under the provisions of Paragraph 2.3 provided; however, that Lessor shall allocate the cost of any
such Capital Expenditure over a 12 year period and Lessee shall not be required to pay more than Lessee’s Share of 1/144th of the cost of such Capital Expenditure in any given month. 

  

	 	(ix)	Any other services to be provided by Lessor that are stated elsewhere in this Lease to be a Common Area Operating Expense. 

 (b) Any Common Area Operating Expenses and Real Property Taxes that are specifically attributable to the Unit, the Building or to any
other building in the Project or to the operation, repair and maintenance thereof, shall be allocated entirely to such Unit, Building, or other building. However, any Common Area Operating Expenses and Real Property Taxes that are not specifically
attributable to the Building or to any other building or to the operation, repair and maintenance thereof, shall be equitably allocated by Lessor to all buildings in the Project. 
 (c) The inclusion of the improvements, facilities and services set forth in Subparagraph 4.2(a) shall not be deemed to impose an
obligation upon Lessor to either have said improvements or facilities or to provide those services unless the Project already has the same, Lessor already provides the services, or Lessor has agreed elsewhere in this Lease to provide the same or
some of them. 
 (d) Lessee’s Share of Common Area Operating Expenses shall be payable by Lessee within 10 days after a
reasonably detailed statement of actual expenses is presented to Lessee. At Lessor’s option, however, an amount may be estimated by Lessor from time to time of Lessee’s Share of annual Common Area Operating Expenses and the same shall be
payable monthly or quarterly, as Lessor shall designate, during each 12 month period of the Lease term, on the same day as the Base Rent is due hereunder. Lessor shall deliver to Lessee within 60 days after the expiration of each calendar year a
reasonably detailed statement showing Lessee’s Share of the actual Common Area Operating Expenses incurred during the preceding year. If Lessee’s payments under this Paragraph 4.2(d) during the preceding year exceed Lessee’s Share as
indicated on such statement, Lessor shall credit the amount of such over-payment against Lessee’s Share of Common Area Operating Expenses next becoming due. If Lessee’s payments under this Paragraph 4.2(d) during the preceding year were
less than Lessee’s Share as indicated on such statement, Lessee shall pay to Lessor the amount of the deficiency within 10 days after delivery by Lessor to Lessee of the statement. 
 4.3 Payment. Lessee shall cause payment of Rent to be received by Lessor in lawful money of the United States, without offset or deduction (except
as specifically permitted in this Lease), on or before the day on which it is due. Rent for any period during the term hereof which is for less than one full calendar month shall be prorated based upon the actual number of days of said month.
Payment of Rent shall be made to Lessor at its address stated herein or to such other persons or place as Lessor may from time to time designate in writing. Acceptance of a payment which is less than the amount then due shall not be a waiver of
Lessor’s rights to the balance of such Rent, regardless of Lessor’s endorsement of any check so stating. In the event that any check, draft, or other instrument of payment given by Lessee to Lessor is dishonored for any reason, Lessee
agrees to pay to Lessor the sum of $25 in addition to any late charges which may be due. 
 5. Security Deposit. Lessee shall deposit with Lessor upon
execution hereof the Security Deposit as security for Lessee’s faithful performance of its obligations under this Lease. If Lessee fails to pay Rent, or otherwise Defaults under this Lease, Lessor may use, apply or retain all or any portion of
said Security Deposit for the payment of any amount due Lessor or to reimburse or compensate Lessor for any liability, expense, loss or damage which Lessor may suffer or incur by reason thereof. If Lessor uses or applies all or any portion of the
Security Deposit, Lessee shelf within 10 days after written request therefor deposit monies with Lessor sufficient to restore said Security Deposit to the full amount required by this Lease. If the Base Rent increases during the term of this Lease,
Lessee shall, upon written request from Lessor, deposit additional monies with Lessor so that the total amount of the Security Deposit shall at all times bear the same proportion to the increased Bass Rent as the Initial Security Deposit bore to the
Initial Base Rent. Should the Agreed Use be amended to accommodate a material change in the business of Lessee or to accommodate a sublessee or assignee, Lessor shall have the right to increase the Security Deposit to the extent necessary, in
Lessor’s reasonable judgment, to account for any increased wear and tear that the Premises may suffer as a result thereof. If a change in control of Lessee occurs during this Lease and following such change the financial condition of Lessee is,
in Lessor’s reasonable judgment, significantly reduced, Lessee shall deposit such additional monies with Lessor as shall be sufficient to cause the Security Deposit to be at a commercially reasonable level based on such change in financial
condition. Lessor shall not be required to keep the Security Deposit separate from its general accounts. Within 14 days after the expiration or termination of this Lease, if Lessor elects to apply the Security Deposit only to unpaid Rent, and
otherwise, within 30 days after the Premises have been vacated pursuant to Paragraph 7.4(c) below, Lessor shall. return that portion of the Security Deposit not used or applied by Lessor. No part of the Security Deposit shall be considered to be
held in trust, to bear interest or to be prepayment for any monies to be paid by Lessee under this Lease. 
 6. Use. 
 6.1 Use. Lessee shall use and occupy the Premises only for the Agreed Use, or any other legal use which is reasonably comparable thereto, and for
no other purpose. Lessee shall not use or permit the use of the Premises in a manner that is unlawful, creates damage, waste or a nuisance, or that disturbs occupants of or causes damage to neighboring premises or properties. Lessor shall not
unreasonably withhold or delay its consent to any written request for a modification of the Agreed Use, so long as the same will not impair the structural integrity of the improvements on the Premises or the mechanical or electrical systems therein,
and/or is not significantly more burdensome to the Premises. If Lessor elects to withhold consent, Lessor shall within 7 days after such request give written notification of same, which notice shall include an explanation of Lessor’s objections
to the change in the Agreed Use. 
 6.2 Hazardous Substances. 
 (a) Reportable Uses Require Consent. The term “Hazardous Substance” as used in this Lease shall mean any product,
substance, or waste whose presence, use, manufacture, disposal, transportation, or release, either by itself or in combination with other materials expected to be on Premises, is either: (i) potentially injurious to the public health, safety or
welfare, the environment or the Premises, (ii) regulated or monitored by any governmental authority, or (iii) a basis for potential liability of Lessor to any governmental agency or third party under any applicable statute or common law

  

					
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theory. Hazardous Substances shall include, but not be limited to, hydrocarbons, petroleum, gasoline, and/or crude oil or any products. by-products or
fractions thereof. Lessee shall not engage in any activity in or on the Premises which constitutes a Reportable Use of Hazardous Substances without the express prior written consent of Lessor and timely compliance (at Lessee’s expense) with all
Applicable Requirements. “Reportable Use” shall mean (i) the installation or use of any above or below ground storage tank, (ii) the generation, possession, storage, use, transportation, or disposal of a Hazardous
Substance that requires a permit from, or with respect to which a report, notice, registration or business plan is required to be filed with, any governmental authority, and/or (iii) the presence at the Premises of a Hazardous Substance with
respect to which any Applicable Requirements requires that a notice be given to persons entering or occupying the Premises or neighboring properties. Notwithstanding the foregoing, Lessee may use any ordinary and customary materials reasonably
required to be used in the normal course of the Agreed Use, so long as such use is in compliance with all Applicable Requirements, is not a Reportable Use, and does not expose the Premises or neighboring property to any meaningful risk of
contamination or damage or expose Lessor to any liability therefor. In addition, Lessor may condition its consent to any Reportable Use upon receiving such additional assurances as Lessor reasonably deems necessary to protect itself, the public, the
Premises and/or the environment against damage, contamination, injury and/or liability, including, but not limited to, the installation (and removal on or before Lease expiration or termination) of protective modifications (such as concrete
encasements) and/or increasing the Security Deposit. 
 (b) Duty to Inform Lessor. If Lessee knows, or has reasonable
cause to believe, that a Hazardous Substance has come to be located in, on, under or about the Premises, other than as previously consented to by Lessor, Lessee shall immediately give written notice of such fact to Lessor, and provide Lessor with a
copy of any report, notice, claim or other documentation which it has concerning the presence of such Hazardous Substance. 
 (c) Lessee Remediation. Lessee shall not cause or permit any Hazardous Substance to be spilled or released in, on, under, or about the Premises (including through the plumbing or sanitary sewer system) and shall promptly, at
Lessee’s expense, take all investigatory and/or remedial action reasonably recommended, whether or not formally ordered or required, for the cleanup of any contamination of, and for the maintenance, security and/or monitoring of the Premises or
neighboring properties, that was caused or materially contributed to by Lessee, or pertaining to or involving any Hazardous Substance brought onto the Premises during the term of this Lease, by or for Lessee, or any third party. 
 (d) Lessee Indemnification. Lessee shall indemnity, defend and hold Lessor, its agents, employees, lenders and ground lessor, if
any, harmless from and against any and all loss of rents and/or damages, liabilities, judgments, claims, expenses, penalties, and attorneys’ and consultants’ fees arising out of or involving any Hazardous Substance brought onto the
Premises by or for Lessee, or any third party (provided, however, that Lessee shall have no liability under this Lease with respect to underground migration of any Hazardous Substance under the Premises from areas outside of the Project).
Lessee’s obligations shall include, but not be limited to, the effects of any contamination or injury to person, property or the environment created or suffered by Lessee, and the cost of investigation, removal, remediation, restoration and/or
abatement, and shall survive the expiration or termination of this Lease. No termination, cancellation or release agreement entered into by Lessor and Lessee shall release Lessee from its obligations under this Lease with respect to Hazardous
Substances, unless specifically so agreed by Lessor in writing at the time of such agreement. 
 (e) Lessor
Indemnification. Lessor and its successors and assigns shall indemnify, defend, reimburse and hold Lessee, its employees and lenders, harmless from and against any and all environmental damages, including the cost of remediation, which existed
as a result of Hazardous Substances on the Premises prior to the Start Date or which are caused by the gross negligence or willful misconduct of Lessor, its agents or employees. Lessor’s obligations, as and when required by the Applicable
Requirements, shall include, but not be limited to, the cost of investigation, removal, remediation, restoration and/or abatement, and shall survive the expiration or termination of this Lease. 
 (f) Investigations and Remediations. Lessor shall retain the responsibility and pay for any investigations or remediation measures
required by governmental entities having jurisdiction with respect to the existence of Hazardous Substances on the Premises prior to the Start Date, unless such remediation measure is required as a result of Lessee’s use (including
“Alterations”, as defined in paragraph 7.3(a) below) of the Premises, in which event Lessee shall be responsible for such payment. Lessee shall cooperate fully in any such activities at the request of Lessor, including allowing
Lessor and Lessor’s agents to have reasonable access to the Premises at reasonable times in order to carry out Lessor’s investigative and remedial responsibilities. 
 (g) Lessor Termination Option. If a Hazardous Substance Condition (see Paragraph 9.1(e)) occurs during the term of this Lease,
unless Lessee is legally responsible therefor (in which case Lessee shall make the investigation and remediation thereof required by the Applicable Requirements and this Lease shall continue in full force and effect, but subject to Lessor’s
rights under Paragraph 6.2(d) and Paragraph 13), Lessor may, at Lessor’s option, either (i) investigate and remediate such Hazardous Substance Condition, if required, as soon as reasonably possible at Lessor’s expense, in which event
this Lease shall continue in full force and effect, or (ii) if the estimated cost to remediate such condition exceeds 12 times the then monthly Base Rent or $100,000, whichever is greater, give written notice to Lessee, within 30 days after
receipt by Lessor of knowledge of the occurrence of such Hazardous Substance Condition, of Lessor’s desire to terminate this Lease as of the date 60 days following the date of such notice. In the event Lessor elects to give a termination
notice, Lessee, may, within 10 days thereafter, give written notice to Lessor of Lessee’s commitment to pay the amount by which the cost of the remediation of such Hazardous Substance Condition exceeds an amount equal to 12 times the then
monthly Base Rent or $100,000, whichever is greater. Lessee shall provide Lessor with said funds or satisfactory assurance thereof within 30 days following such commitment. In such event, this Lease shall continue in full force and effect, and
Lessor shall proceed to make such remediation as soon as reasonably possible after the required funds are available. If Lessee does not give such notice and provide the required funds or assurance thereof within the time provided, this Lease shall
terminate as of the date specified in Lessor’s notice of termination. 
 6.3 Lessee’s Compliance with Applicable
Requirements. Except as otherwise provided in this Lease, Lessee shall, at Lessee’s sole expense, fully, diligently and in a timely manner, materially comply with all Applicable Requirements, the requirements of any applicable fire
insurance underwriter or rating bureau, and the recommendations of Lessor’s engineers and/or consultants which relate in any manner to the Premises, without regard to whether said requirements are now in effect or become effective after the
Start Date. Lessee shall, within 10 days after receipt of Lessor’s written request, provide Lessor with copies of all permits and other documents, and other information evidencing Lessee’s compliance with any Applicable Requirements
specified by Lessor, and shall, immediately upon receipt, notify Lessor in writing (with copies of any documents involved) of any threatened or actual claim, notice, citation, warning, complaint or report pertaining to or involving the failure of
Lessee or the Premises to comply with any Applicable Requirements. 
 6.4 Inspection; Compliance. Lessor and Lessor’s
“Lender” (as defined in Paragraph 30) and consultants shall have the right to enter into Premises at any time, in the case of an emergency, and otherwise at reasonable times, for the purpose of inspecting the condition of the
Premises and for verifying compliance by Lessee with this Lease. The cost of any such inspections shall be paid by Lessor, unless a violation of Applicable Requirements, or a contamination is found to exist or be imminent, or the inspection is
requested or ordered by a governmental authority. In such case, Lessee shall upon request reimburse Lessor for the cost of such inspection, so long as such inspection is reasonably related to the violation or contamination. 
 7. Maintenance; Repairs, Utility Installations; Trade Fixtures and Alterations. 
 7.1 Lessee’s Obligations. 
 (a) In General. Subject to the provisions of
Paragraph 2.2 (Condition), 2.3 (Compliance), 6.3 (Lessee’s Compliance with Applicable Requirements), 7.2 (Lessor’s Obligations), 9 (Damage or Destruction), and 14 (Condemnation), Lessee shall, at Lessee’s sole expense, keep the
Premises, Utility Installations (intended for Lessee’s exclusive use, no matter where located), and Alterations in good order, condition and repair (whether or not the portion of the Premises requiring repairs, or the means of repairing the
same, are reasonably or readily accessible to Lessee, and whether or not the need for such repairs occurs as a result of Lessee’s use, any prior use, the elements or the age of such portion of the Premises), including, but not limited to, all
equipment or facilities, such as plumbing, HVAC equipment, electrical, lighting facilities, boilers, pressure vessels, fixtures, interior walls, interior surfaces of exterior walls, ceilings, floors, windows, doors, plate glass, and skylights but
excluding any items which are the responsibility of Lessor pursuant to Paragraph 7.2, Lessee, in keeping the Premises in good order, condition and repair, shall exercise and perform good maintenance practices, specifically including the procurement
and maintenance of the service contracts required by Paragraph 7.1(b) below. Lessee’s obligations shall include restorations, replacements or renewals when necessary to keep the Premises and all improvements thereon or a part thereof in good
order, condition and state of repair. 
 (b) Service Contracts. Lessee shall, at Lessee’s sole expense, procure
and maintain contracts, with copies to Lessor, in customary form and substance for, and with contractors specializing and experienced in the maintenance of the following equipment and improvements, if any, if and when installed on the Premises:
(i) HVAC equipment, (ii) boiler and pressure vessels, (iii) clarifiers, and (iv) any other equipment, if reasonably required by Lessor. However, Lessor reserves the right, upon notice to Lessee, to procure and maintain any or all
of such service contracts, and if Lessor so elects, Lessee shall reimburse Lessor, upon demand, for the cost thereof. 
 (c)
Failure to Perform. If Lessee fails to perform Lessee’s obligations under this Paragraph 7.1, Lessor may enter upon the Premises after 10 days’ prior written notice to Lessee (except in the case of an emergency, in which case no
notice shall be required), perform such obligations on Lessee’s behalf, and put the Premises in good order, condition and repair, and Lessee shall promptly reimburse Lessor for the cost thereof. 
 (d) Replacement. Subject to Lessee’s indemnification of Lessor as set forth in Paragraph 8.7 below, and without relieving
Lessee of liability resulting from Lessee’s failure to exercise and perform good maintenance practices, if an item described in Paragraph 7.1(b) cannot be repaired other than at a cost which is in excess of 50% of the cost of replacing such
item, then such item shall be replaced by Lessor, and the cost thereof shall be prorated between the Parties and Lessee shall only be obligated to pay, each month during the remainder of the term of this Lease, on the date on which Base Rent is due,
an amount equal to the product of multiplying the cost of such replacement by a fraction, the numerator of which is one, and the denominator of which is 144 (ie, 1/144th of the cost per month). Lessee shall pay interest on the unamortized balance at
a rate that is commercially reasonable in the judgment of Lessor’s accountants. Lessee may, however, prepay its obligation at any time. 
 7.2 Lessor’s Obligations. Subject to the provisions of Paragraphs 2.2 (Condition), 2.3 (Compliance), 4.2 (Common Area Operating Expenses), 6 (Use), 7.1 (Lessee’s Obligations), 9 (Damage or Destruction) and 14
(Condemnation), Lessor, subject to reimbursement pursuant to Paragraph 4.2, shall keep in good order, condition and repair the foundations, exterior walls, structural condition of interior bearing walls, exterior roof, fire sprinkler system, Common
Area fire alarm and/or smoke detection systems, fire hydrants, parking lots, walkways, parkways, driveways, landscaping, fences, signs 
  

					
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 (a) Definitions. The term “Utility Installations” refers to all
floor and window coverings, air tines, power panels, electrical distribution, security and fire protection systems, communication systems, lighting fixtures, HVAC equipment, plumbing, and fencing in or on the Premises. The term “Trade
Fixtures” shall mean Lessee’s machinery and equipment that can be removed without doing material damage to the Premises. The term “Alterations” shall mean any modification of the improvements, other than Utility
Installations or Trade Fixtures, whether by addition or deletion. “Lessee Owned Alterations and/or Utility Installations” are defined as Alterations and/or Utility Installations made by Lessee that are not yet owned by Lessor
pursuant to Paragraph 7.4(a). 
 (b) Consent. Lessee shall not make any Alterations or Utility Installations to the
Premises without Lessor’s prior written consent. Lessee may, however, make non-structural Utility Installations to the interior of the Premises (excluding the roof) without such consent but upon notice to Lessor, as long as they are not visible
from the outside, do not involve puncturing, relocating or removing the roof or any existing walls, and the cumulative cost thereof during this Lease as extended does not exceed a sum equal to 3 month’s Base Rent in the aggregate or a sum equal
to one month’s Base Rent in any one year. Notwithstanding the foregoing, Lessee shall not make or permit any roof penetrations and/or install anything on the roof without the prior written approval of Lessor. Lessor may, as a precondition to
granting such approval, require Lessee to utilize a contractor chosen and/or approved by Lessor. Any Alterations or Utility Installations that Lessee shall desire to make and which require the consent of the Lessor shall be presented to Lessor in
written form with detailed plans. Consent shall be deemed conditioned upon Lessee’s, (i) acquiring all applicable governmental permits, (ii) furnishing Lessor with copies of both the permits and the plans and specifications prior to
commencement of the work, and (iii) compliance with all conditions of said permits and other Applicable Requirements in a prompt and expeditious manner. Any Alterations or Utility Installations shall be performed in a workmanlike manner with
good and sufficient materials. Lessee shall promptly upon completion furnish Lessor with as-built plans and specifications. For work which costs an amount in excess of one month’s Base Rent, Lessor may condition its consent upon Lessee
providing a lien and completion bond in an amount equal to 150% of the estimated cost of such Alteration or Utility installation and/or upon Lessee’s posting an additional Security Deposit with Lessor. 
 (c) Indemnification. Lessee shall pay, when due, all claims for labor or materials furnished or alleged to have been furnished to
or for Lessee at or for use on the Premises, which claims are or may be secured by any mechanic’s or materialman’s lien against the Premises or any interest therein. Lessee shall give Lessor not less than 10 days notice prior to the
commencement of any work in, on or about the Premises, and Lessor shall have the right to post notices of non-responsibility. If Lessee shall contest the validity of any such lien, claim or demand, then Lessee shall, at its sole expense defend and
protect itself, Lessor and the Premises against the same and shall pay and satisfy any such adverse judgment that maybe rendered thereon before the enforcement thereof. If Lessor shall require, Lessee shall furnish a surety bond in an amount equal
to 150% of the amount of such contested lien, claim or demand, indemnifying Lessor against liability for the same. If Lessor elects to participate in any such action, Lessee shall pay Lessor’s attorneys’ fees and costs. 
 7.4 Ownership; Removal; Surrender; and Restoration. 
 (a) Ownership. Subject to Lessor’s right to require removal or elect ownership as hereinafter provided, all Alterations and Utility Installations made by Lessee shall be the property of Lessee, but
considered a part of the Premises. Lessor may, at any time, elect in writing to be the owner of all or any specified part of the Lessee Owned Alterations and Utility Installations. Unless otherwise instructed per paragraph 7.4(b) hereof, all Lessee
Owned Alterations and Utility Installations shall, at the expiration or termination of this Lease, become the property of Lessor and be surrendered by Lessee with the Premises. 
 (b) [DELETED TEXT] 
 (c) Surrender; Restoration. Lessee shall surrender the Premises by the Expiration Date or any earlier termination date, with all of the improvements, parts and surfaces thereof broom clean and free of debris, and in good operating
order, condition and state of repair, ordinary wear and tear excepted. “Ordinary wear and tear” shall not include any damage or deterioration that would have been prevented by good maintenance practice. Notwithstanding the
foregoing, if this Lease is for 12 months or less, then Lessee shall surrender the Premises in the same condition as delivered to Lessee on the Start Date with NO allowance for ordinary wear and tear. Lessee shall repair any damage occasioned by the
installation, maintenance or removal of Trade Fixtures, Lessee owned Alterations and/or Utility Installations, furnishings, and equipment as well as the removal of any storage tank installed by or for Lessee. Lessee shall also completely remove from
the Premises any and all Hazardous Substances brought onto the Premises by or for Lessee, or any third party (except Hazardous Substances which were deposited via underground migration from areas outside of the Project) even if such removal would
require Lessee to perform or pay for work that exceeds statutory requirements. Trade Fixtures shall remain the property of Lessee and shall be removed by Lessee. The failure by Lessee to timely vacate the Premises pursuant to this Paragraph 7.4(c)
without the express written consent of Lessor shall constitute a holdover under the provisions of Paragraph 26 below. 
 8. Insurance; Indemnity.

 8.1 Payment of Premiums. The cost of the premiums for the insurance policies required to be carried by Lessor, pursuant to
Paragraphs 8.2(b), 8.3(a) and 8.3(b), shall be a Common Area Operating Expense. Premiums for policy periods commencing prior to, or extending beyond, the term of this Lease shall be prorated to coincide with the corresponding Start Date or
Expiration Date. 
 8.2 Liability Insurance. 
 (a) Carried by Lessee. Lessee shall obtain and keep in force a Commercial General Liability policy of insurance protecting Lessee
and Lessor as an additional insured against claims for bodily injury, personal injury and property damage based upon or arising out of the ownership, use, occupancy or maintenance of the Premises and all areas appurtenant thereto. Such insurance
shall be on an occurrence basis providing single limit coverage in an amount not less than $1,000,000 per occurrence with an annual aggregate of not less than $2,000,000, an “Additional Insured Managers or Lessor’s of Premises
Endorsement” and contain the “Amendment of the Pollution Exclusion Endorsement” for damage caused by heat, smoke or fumes from a hostile fire and an umbrella policy of $1,000,000.00 per occurrence/aggregate. The policy
shall not contain any intra-insured exclusions as between insured persons or organizations, but shall include coverage for liability assumed under this Lease as an “insured contract” for the performance of Lessee’s indemnity
obligations under this Lease. The limits of said insurance shall not, however, limit the liability of Lessee nor relieve Lessee of any obligation hereunder. All insurance carried by Lessee shall be primary to and not contributory with any similar
insurance carried by Lessor, whose insurance shall be considered excess insurance only. 
 (b) Carried by Lessor.
Lessor shall maintain liability insurance as described in Paragraph 8.2(a), in addition to, and not in lieu of, the insurance required to be maintained by Lessee. Lessee shall not be named as an additional insured therein. 
 8.3 Property Insurance - Building, Improvements and Rental Value. 
 (a) Building and Improvements. Lessor shall obtain and keep in force a policy or policies of insurance in the name of Lessor, with
loss payable to Lessor, any ground-lessor, and to any Lender insuring loss or damage, to the Premises. The amount of such insurance shall be equal to the full replacement cost of the Premises, as the same shall exist from time to time, or the amount
required by any Lender, but in no event more than the commercially reasonable and available insurable value thereof. Lessee Owned Alterations and Utility Installations, Trade Fixtures, and Lessee’s personal property shall be insured by Lessee
under Paragraph 8.4. If the coverage is available and commercially appropriate, such policy or policies shall insure against all risks of direct physical loss or damage (except the perils of flood and/or earthquake unless required by a Lender),
including coverage for debris removal and the enforcement of any Applicable Requirements requiring the upgrading, demolition, reconstruction or replacement of any portion of the Premises as the result of a covered loss. Said policy or policies shall
also contain an agreed valuation provision in lieu of any coinsurance clause, waiver of subrogation, and inflation guard protection causing an increase in the annual property insurance coverage amount by a factor of not less than the adjusted U.S.
Department of Labor Consumer Price index for All Urban Consumers for the city nearest to where the Premises are located. If such insurance coverage has a deductible clause, the deductible amount shall not exceed $1,000 per occurrence. 
 (b) [DELETED TEXT] 
 (c) Adjacent Premises. Lessee shall pay for any increase in the premiums for the property insurance of the Building and for the Common Areas or other buildings in the Project if said increase is caused by
Lessee’s acts, omissions, use or occupancy of the Premises. 
 (d) Lessee’s Improvements. Since Lessor is the
insuring Party, Lessor shall not be required to insure Lessee Owned Alterations and Utility Installations unless the item in question has become the property of Lessor under the terms of this Lease. 
 8.4 Lessee’s Property; Business Interruption Insurance. 
 (a) Property Damage. Lessee shall obtain and maintain insurance coverage on all of Lessee’s personal property, Trade Fixtures,
and Lessee Owned Alterations and Utility Installations. Such insurance shall be full replacement cost coverage with a deductible of not to exceed $1,000 per occurrence. The proceeds from any such insurance shall be used by Lessee for the replacement
of personal property, Trade Fixtures and Lessee Owned Alterations and Utility Installations. Lessee shall provide Lessor with written evidence that such insurance is in force. 
 (b) Business Interruption. Lessee shall obtain and maintain loss of income and extra expense insurance in amounts as will reimburse
Lessee for direct or indirect loss of earnings attributable to all perils commonly insured against by prudent lessees in the business of Lessee or attributable to prevention of access to the Premises as a result of such perils. 
 (c) No Representation of Adequate Coverage. Lessor makes no representation that the limits or forms of coverage of insurance
specified herein are adequate to cover Lessee’s property, business operations or obligations under this Lease. 
 8.5 Insurance
Policies. Insurance required herein shall be by companies duly licensed or admitted to transact business in the state where the Premises are located, and maintaining during the policy term a “General Policyholders Rating” of at least
8+, V, as set forth in the most current Issue of “Best insurance Guide”, or such other rating as may be required by a Lender. Lessee shall not do or permit to be done anything which invalidates the required insurance policies. Lessee
shall, prior to the Start Date, deliver to Lessor certified copies of policies of such insurance or certificates evidencing the 
  

					
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 (c) No Representation; Adequate Coverage. Lessor makes no representation that the
limits or forms of coverage of insurance specified herein are adequate to cover Lessee’s property, business operations or obligations under this Lease. 
 8.5 Insurance Policies. Insurance required herein shall be by companies duly licensed or admitted to transact business in the state where the Premises are located, and maintaining during the policy term a
“General Policyholders Rating” of at least B+, V, as set forth in the most current issue of “Best’s insurance Guide”, or such other rating as may be required by a Lender. Lessee shall not do or permit to be done anything
which invalidates the required insurance policies. Lessee shall, prior to the Start Date, deliver to Lessor certified copies of policies of such insurance or certificates evidencing the existence and amounts of the required insurance. No such policy
shall be cancelable or subject to modification except after 30 days prior written notice to Lessor. Lessee shall, at least 30 days prior to the expiration of such policies, furnish Lessor with evidence of renewals or “Insurance binders”
evidencing renewal thereof, or Lessor may order such insurance and charge the cost thereof to Lessee, which amount shall be payable by Lessee to Lessor upon demand. Such policies shall be for a term of at least one year, or the length of the
remaining term of this Lease, whichever is less. If either Party shall fail to procure and maintain the insurance required to be carried by it, the other Party may, but shall not be required to, procure and maintain the same. 
 8.6 Waiver of Subrogation. Without affecting any other rights or remedies, Lessee and Lessor each hereby release and relieve the other, and waive
their entire right to recover damages against the other, for loss of or damage to its property arising out of or incident to the perils required to be insured against herein. The effect of such releases and waivers is not limited by the amount of
insurance carried or required, or by any deductibles applicable hereto. The Parties agree to have their respective property damage insurance carriers waive any right to subrogation that such companies may have against Lessor or Lessee, as the case
may be, so long as the insurance is not invalidated thereby. 
 8.7 Indemnity. Except for Lessor’s gross negligence or willful
misconduct, Lessee shall indemnify, protect, defend and hold harmless the Premises, Lessor and its agents, Lessor’s master or ground lessor, partners and Lenders, from and against any and all claims, loss of rents and/or damages, liens,
judgments, penalties, attorneys’ and consultants’ fees, expenses and/or liabilities arising out of, involving, or in connection with, the use and/or occupancy of the Premises by Lessee. If any action or proceeding is brought against Lessor
by reason of any of the foregoing matters, Lessee shall upon notice defend the same at Lessee’s expense by counsel reasonably satisfactory to Lessor and Lessor shall cooperate with Lessee in such defense. Lessor need not have first paid any
such claim in order to be defended or indemnified. 
 8.8 Exemption of Lessor from Liability. Lessor shall not be liable for injury or
damage to the person or goods, wares, merchandise or other property of Lessee, Lessee’s employees, contractors, invitees, customers, or any other person in or about the Premises, whether such damage or injury is caused by or results from fire,
steam, electricity, gas, water or rain, or from the breakage, leakage, obstruction or other defects of pipes, fire sprinklers, wires, appliances, plumbing, HVAC or lighting fixtures, or from any other cause, whether the said injury or damage results
from conditions arising upon the Premises or upon other portions of the Building, or from other sources or places. Lessor shall not be liable for any damages arising from any act or neglect of any other tenant of Lessor nor from the failure of
Lessor to enforce the provisions of any other lease in the Project. Notwithstanding Lessor’s negligence or breach of this Lease, Lessor shall under no circumstances be liable for injury to Lessee’s business or for any loss of income or
profit therefrom. 
 9. Damage or Destruction. 
 9.1 Definitions. 
 (a) “Premises Partial Damage” shall mean damage or destruction to the
improvements on the Premises, other than Lessee Owned Alterations and Utility Installations, which can reasonably be repaired in 3 months or less from the date of the damage or destruction, and the cost thereof does not exceed a sum equal to 6
month’s Base Rent. Lessor shall notify Lessee in writing within 30 days from the date of the damage or destruction as to whether or not the damage is Partial or Total. 
 (b) “Premises Total Destruction” shall mean damage or destruction to the improvements on the Premises, other than Lessee
Owned Alterations and Utility Installations and Trade Fixtures, which cannot reasonably be repaired in 3 months or less from the date of the damage or destruction and/or the cost thereof exceeds a sum equal to 6 month’s Base Rent. Lessor shall
notify Lessee in writing within 30 days from the date of the damage or destruction as to whether or not the damage is Partial or Total. 
 (c) “Insured Loss” shall mean damage or destruction to improvements on the Premises, other than Lessee Owned Alterations and Utility Installations and Trade Fixtures, which was caused by an event
required to be covered by the insurance described in Paragraph 8.3(a), irrespective of any deductible amounts or coverage limits involved. 
 (d) “Replacement Cost” shall mean the cost to repair or rebuild the improvements owned by Lessor at the time of the occurrence to their condition existing immediately prior thereto, including
demolition, debris removal and upgrading required by the operation of Applicable Requirements, and without deduction for depreciation. 
 (e) “Hazardous Substance Condition” shall mean the occurrence or discovery of a condition involving the presence of, or a contamination by, a Hazardous Substance as defined in Paragraph 6.2(a), in,
on, or under the Premises. 
 9.2 Partial Damage - Insured Loss. If a Premises Partial Damage that is an Insured Loss occurs, then
Lessor shall, at Lessor’s expense, repair such damage (but not Lessee’s Trade Fixtures or Lessee Owned Alterations and Utility Installations) as soon as reasonably possible and this Lease shall continue in full force and effect; provided,
however, that Lessee shall, at Lessor’s election, make the repair of any damage or destruction the total cost to repair of which is $5,000 or less, and, in such event, Lessor shall make any applicable insurance proceeds available to Lessee on a
reasonable basis for that purpose. Notwithstanding the foregoing, if the required insurance was not in force or the insurance proceeds are not sufficient to effect such repair, the insuring Party shall promptly contribute the shortage in proceeds as
and when required to complete said repairs. In the event, however, such shortage was due to the fact that, by reason of the unique nature of the improvements, full replacement cost insurance coverage was not commercially reasonable and available,
Lessor shall have no obligation to pay for the shortage in insurance proceeds or to fully restore the unique aspects of the Premises unless Lessee provides Lessor with the funds to cover same, or adequate assurance thereof, within 10 days following
receipt of written notice of such shortage and request therefor. If Lessor receives said funds or adequate assurance thereof within said 10 day period, the party responsible for making the repairs shall complete them as soon as reasonably possible
and this Lease shall remain in full force and effect. If such funds or assurance are not received, Lessor may nevertheless elect by written notice to Lessee within 10 days thereafter to: (i) make such restoration and repair as is commercially
reasonable with Lessor paying any shortage in proceeds, in which case this Lease shall remain in full force and effect, or (ii) have this Lease terminate 30 days thereafter. Lessee shall not be entitled to reimbursement of any funds contributed
by Lessee to repair any such damage or destruction. Premises Partial Damage due to flood or earthquake shall be subject to Paragraph 9.3, notwithstanding that there may be some insurance coverage, but the net proceeds of any such insurance shall be
made available for the repairs if made by either Party. 
 9.3 Partial Damage - UnInsured Loss. If a Premises Partial Damage that is
not an Insured Loss occurs, unless caused by a negligent or willful act of Lessee (in which event Lessee shall make the repairs at Lessee’s expense), Lessor may either: (i) repair such damage as soon as reasonably possible at Lessor’s
expense, in which event this Lease shall continue in full force and effect, or (ii) terminate this Lease by giving written notice to Lessee within 30 days after receipt by Lessor of knowledge of the occurrence of such damage. Such termination
shall be effective 60 days following the date of such notice. In the event Lessor elects to terminate this Lease, Lessee shall have the right within 10 days after receipt of the termination notice to give written notice to Lessor of Lessee’s
commitment to pay for the repair of such damage without reimbursement from Lessor. Lessee shall provide Lessor with said funds or satisfactory assurance thereof within 30 days after making such commitment. In such event this Lease shall continue in
full force and effect, and Lessor shall proceed to make such repairs as soon as reasonably possible after the required funds are available. If Lessee does not make the required commitment, this Lease shall terminate as of the date specified in the
termination notice. 
 9.4 Total Destruction. Notwithstanding any other provision hereof, if a Premises Total Destruction occurs, this
Lease shall terminate 60 days following such Destruction. If the damage or destruction was caused by the gross negligence or willful misconduct of Lessee, Lessor shall have the right to recover Lessor’s damages from Lessee, except as provided
in Paragraph 8.6. 
 9.5 Damage Near End of Term. If at any time during the last 6 months of this Lease there is damage for which the
cost to repair exceeds one month’s Base Rent, whether or not an Insured Loss, Lessor may terminate this Lease effective 60 days following the date of occurrence of such damage by giving a written termination notice to Lessen within 30 days
after the date of occurrence of such damage. Notwithstanding the foregoing, if Lessee at that time has an exercisable option to extend this Lease or to purchase the Premises, then Lessee may preserve this Lease by, (a) exercising such option
and (b) providing Lessor with any shortage in insurance proceeds (or adequate assurance thereof) needed to make the repairs on or before the earlier of (i) the date which is 10 days after Lessee’s receipt of Lessor’s written
notice purporting to terminate this Lease, or (ii) the day prior to the date upon which such option expires. If Lessee duly exercises such option during such period and provides Lessor with funds (or. adequate. assurance thereof) to cover any
shortage in insurance proceeds, Lessor shall, at Lessor’s commercially reasonable expense, repair such damage as soon as reasonably possible and this Lease shall continue in full force and effect. If Lessee fails to exercise such option and
provide such funds or assurance during such period, then this Lease shall terminate on the date specified in the termination notice and Lessee’s option shall be extinguished. 
 9.6 Abatement of Rent; Lessee’s Remedies. 
 (a) Abatement. In the event of Premises Partial Damage or Premises Total Destruction or a Hazardous Substance Condition for which Lessee is not responsible under this Lease, the Rent payable by Lessee for the
period required for the repair, remediation or restoration of such damage shall be abated in proportion to the degree to which Lessee’s use of the Premises is impaired, but not to exceed the proceeds received from the Rental Value insurance.
All other obligations of Lessee hereunder shall be performed by Lessee, and Lessor shall have no liability for any such damage, destruction, remediation, repair or restoration except as provided herein. 
 (b) Remedies. If Lessor shall be obligated to repair or restore the Premises and does not commence, in a substantial and meaningful
way, such repair or restoration within 90 days after such obligation shall accrue, Lessee may, at any time prior to the commencement of such repair or restoration, give written notice to Lessor and to any Lenders of which Lessee has actual notice,
of Lessee’s election to terminate this Lease on a date not less than 60 days following the giving of such notice. If Lessee gives such notice and such repair or restoration is not commenced within 30 days thereafter, this Lease shall terminate
as of the date specified in said notice. If the repair or restoration is commenced within such 30 days, this Lease shall continue in full force and effect. “Commence” shall mean either the unconditional authorization of the preparation of
the required plans, or the beginning of the actual work on the Premises, whichever first occurs. 
  

					
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 9.7 Termination; Advance Payments. Upon termination of this Lease pursuant to Paragraph 6.2(g) or
Paragraph 9, an equitable adjustment shall be made concerning advance Base Rent and any other advance payments made by Lessee to Lessor. Lessor shall, in addition, return to Lessee so much of Lessee’s Security Deposit as has not been, or is not
then required to be, used by Lessor. 
 9.8 Waive Statutes. Lessor and Lessee agree that the terms of this Lease shall govern the
effect of any damage to or destruction of the Premises with respect to the termination of this Lease and hereby waive the provisions of any present or future statute to the extent inconsistent herewith. 
 10. Real Property Taxes. 
 10.1 Definition. As
used herein, the term “Real Property Taxes” shall include any form of assessment; real estate, general, special, ordinary or extraordinary, or rental levy or tax (other than inheritance, personal income or estate taxes); improvement
bond; and/or license fee imposed upon or levied against any legal or equitable interest of Lessor in the Project, Lessor’s right to other income therefrom, and/or Lessor’s business of leasing, by any authority having the direct or indirect
power to tax and where the funds are generated with reference to the Project address and where the proceeds so generated are to be applied by the city, county or other local taxing authority of a jurisdiction within which the Project is located. The
term “Real Property Taxes” shall also include any tax, fee, levy, assessment or charge, or any increase therein, imposed by reason of events occurring during the term of this Lease, including but not limited to, a change in the
ownership of the Project or any portion thereof or a change in the improvements thereon. In calculating Real Property Taxes for any calendar year, the Real Property Taxes for any real estate tax year shall be included in the calculation of Real
Property Taxes for such calendar year based upon the number of days which such calendar year and tax year have in common. 
 10.2 Payment
of Taxes. Lessor shall pay the Real Property Taxes applicable to the Project, and except as otherwise provided in Paragraph 10.3, any such amounts shall be included in the calculation of Common Area Operating Expenses in accordance with the
provisions of Paragraph 4.2. 
 10.3 Additional Improvements. Common Area Operating Expenses shall not include Real Property Taxes
specified in the tax assessor’s records and work sheets as being caused by additional improvements placed upon the Project by other lessees or by Lessor for the exclusive enjoyment of such other lessees. Notwithstanding Paragraph 10.2 hereof,
Lessee, shall, however, pay to Lessor at the time Common Area Operating Expenses are payable under Paragraph 4.2, the entirety of any increase in Real Property Taxes if assessed solely by reason of Alterations, Trade Fixtures or Utility
Installations placed upon the Premises by Lessee or at Lessee’s request. 
 10.4 Joint Assessment. If the Building is not
separately assessed, Real Property Taxes allocated to the Building shall be an equitable proportion of the Real Property Taxes (or all of the land and improvements included within the tax parcel assessed, such proportion to be determined by Lessor
from the respective valuations assigned in the assessor’s work sheets or such other information as may be reasonably available. Lessor’s reasonable determination thereof, in good faith, shall be conclusive. 
 10.5 Personal Property Taxes. Lessee shall pay prior to delinquency all taxes assessed against and levied upon Lessee Owned Alterations and
Utility Installations, Trade Fixtures, furnishings, equipment and all personal property of Lessee contained in the Premises. When possible, Lessee shall cause its Lessee Owned Alterations and Utility Installations, Trade Fixtures, furnishings,
equipment and all other personal property to be assessed and billed separately from the real property of Lessor. If any of Lessee’s said property shall be assessed with Lessor’s real property, Lessee shall pay Lessor the taxes attributable
to Lessee’s property within 10 days after receipt of a written statement setting forth the taxes applicable to Lessee’s property. 
 11.
Utilities. Lessee shall pay for all water, gas, heat, light, power, telephone, trash disposal and other utilities and services supplied to the Premises, together with any taxes thereon. Notwithstanding the provisions of Paragraph 4.2, if at
any time in Lessor’s sole judgment, Lessor determines that Lessee is using a disproportionate amount of water, electricity or other commonly metered utilities, or that Lessee is generating such a large volume of trash as to require an increase
in the size of the dumpster and/or an increase in the number of times per month that the dumpster is emptied, then Lessor may increase Lessee’s Base Rent by an amount equal to such increased costs. 
 12. Assignment and Subletting. 
 12.1
Lessor’s Consent Required. 
 (a) Lessee shall not voluntarily or by operation of law assign, transfer, mortgage
or encumber (collectively, “assign or assignment”) or sublet all or any part of Lessee’s interest in this Lease or in the Premises without Lessor’s prior written consent. 
 (b) A change in the control of Lessee shall constitute an assignment requiring consent. The transfer, on a cumulative basis, of 25% or
more of the voting control of Lessee shall constitute a change in control for this purpose. 
 (c) The involvement of Lessee
or its assets in any transaction, or series of transactions (by way of merger, sale, acquisition, financing, transfer, leveraged buy-out or otherwise), whether or not a formal assignment or hypothecation of this Lease or Lessee’s assets occurs,
which results or will result in a reduction of the Net Worth of Lessee by an amount greater than 25% of such Net Worth as it was represented at the time of the execution of this Lease or at the time of the most recent assignment to which Lessor has
consented, or as it exists immediately prior to said transaction or transactions constituting such reduction, whichever was or is greater, shall be considered an assignment of this Lease to which Lessor may withhold its consent. “Net Worth
of Lessee” shall mean the net worth of Lessee (excluding any guarantors) established under generally accepted accounting principles. 
 (d) An assignment or subletting without consent shall, at Lessor’s option, be a Default curable after notice per Paragraph 13.1(c), or a noncurable Breach without the necessity of any notice and grace period. If
Lessor elects to treat such unapproved assignment or subletting as a noncurable Breach, Lessor may either: (i) terminate this Lease, or (ii) upon 30 days written notice, increase the monthly Base Rent to 110% of the Base Rent then in
effect. Further, in the event of such Breach and rental adjustment, (i) the purchase price of any option to purchase the Premises held by Lessee shall be subject to similar adjustment to 110% of the price previously in effect, and (ii) all
fixed and non-fixed rental adjustments scheduled during the remainder of the Lease term shall be increased to 110% of the scheduled adjusted rent. 
 (e) Lessee’s remedy for any breach of Paragraph 12.1 by Lessor shall be limited to compensatory damages and/or injunctive relief. 
 12.2 Terms and Conditions Applicable to Assignment and Subletting. 
 (a) Regardless of
Lessor’s consent, no assignment or subletting shall: (i) be effective without the express written assumption by such assignee or sublessee of the obligations of Lessee under this Lease, (ii) release Lessee of any obligations
hereunder, or (iii) after the primary liability of Lessee for the payment of Rent or for the performance of any other obligations to be performed by Lessee. 
 (b) Lessor may accept Rent or performance of Lessee’s obligations from any person other than Lessee pending approval or disapproval
of an assignment. Neither a delay in the approval or disapproval of such assignment nor the acceptance of Rent or performance shall constitute a waiver or estoppel of Lessor’s right to exercise its remedies for Lessee’s Default or Breach.

 (c) Lessor’s consent to any assignment or subletting shall not constitute a consent to any subsequent assignment or
subletting. 
 (d) In the event of any Default or Breach by Lessee, Lessor may proceed directly against Lessee, any Guarantors
or anyone else responsible for the performance of Lessee’s obligations under this Lease, including any assignee or sublessee, without first exhausting Lessor’s remedies against any other person or entity responsible therefore to Lessor, or
any security held by Lessor. 
 (e) Each request for consent to an assignment or subletting shall be in writing, accompanied
by information relevant to Lessor’s determination as to the financial and operational responsibility and appropriateness of the proposed assignee or sublessee, including but not limited to the intended use and/or required modification of the
Premises, if any, together with a fee of $1,000 or 10% of the current monthly Base Rent applicable to the portion of the Premises which is the subject of the proposed assignment or sublease, whichever is greater, as consideration for Lessor’s
considering and processing said request. Lessee agrees to provide Lessor with such other or additional information and/or documentation as may be reasonably requested. 
 (f) Any assignee of, or sublessee under, this Lease shall, by reason of accepting such assignment or entering into such sublease, be
deemed to have assumed and agreed to conform and comply with each and every term, covenant, condition and obligation herein to be observed or performed by Lessee during the term of said assignment or sublease, other than such obligations as are
contrary to or inconsistent with provisions of an assignment or sublease to which Lessor has specifically consented to in writing. 
 (g) Lessor’s consent to any assignment or subletting shall not transfer to the assignee or sublessee any Option granted to the original Lessee by this Lease unless such transfer is specifically consented to by Lessor in writing. (See
Paragraph 39.2) 
 12.3 Additional Terms and Conditions Applicable to Subletting. The following terms and conditions shall apply to
any subletting by Lessee of all or any part of the Premises and shall be deemed included in all subleases under this Lease whether or not expressly incorporated therein: 
 (a) Lessee hereby assigns and transfers to Lessor all of Lessee’s interest in all Rent payable on any sublease, and Lessor may
collect such Rent and apply same toward Lessee’s obligations under this Lease; provided, however, that until a Breach shall occur in the performance of Lessee’s obligations, Lessee may collect said Rent. Lessor shall not, by reason of the
foregoing or any assignment of such sublease, nor by reason of the collection of Rent, be deemed liable to the sublessee for any failure of Lessee to perform and comply with any of Lessee’s obligations to such sublessee. Lessee hereby
irrevocably authorizes and directs any such sublessee, upon receipt of a written notice from Lessor stating that a Breach exists in the performance of Lessee’s obligations under this Lease, to pay to Lessor all Rent due and to become due under
the sublease, Sublessee shall rely upon any such notice from Lessor and shall pay all Rents to Lessor without any obligation or right to inquire as to whether such Breach exists, notwithstanding any claim from Lessee to the contrary. 
 (b) In the event of a Breach by Lessee, Lessor may, at its option, require sublessee to attorn to Lessor, in which event Lessor shall
undertake the obligations of the sublessor under such sublease from the time of the exercise of said option to the expiration of such sublease; provided, however, Lessor shall not be liable for any prepaid rents or security deposit paid by such
sublessee to such sublessor or for any prior Defaults or Breaches of such sublessor. 
 (c) Any matter requiring the consent
of the sublessor under a sublease shall also require the consent of Lessor. 
 (d) No sublessee shall further assign or sublet
all or any part of the Premises Without Lessor’s prior written consent. 
 (e) Lessor shall deliver a copy of any notice
of Default or Breach by Lessee to the sublessee, who shall have the right to cure the Default of Lessee within the grace period, if any, specified in such notice. The sublessee shall have a right of reimbursement and offset from and against Lessee
for any such Defaults cured by the sublessee. 
  

					
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 13. Default; Breach; Remedies. 
 13.1 Default; Breach. A “Default” is defined as a failure by the Lessee to comply with or perform any of the terms, covenants, conditions or Rules and Regulations under this Lease. A
“Breach” is defined as the occurrence of one or more of the following Defaults, and the failure of Lessee to cure such Default within any applicable grace period: 
 (a) The abandonment of the Premises; or the vacating of the Premises without providing a commercially reasonable level of security, or
where the coverage of the property insurance described in Paragraph 8.3 is jeopardized as a result thereof, or without providing reasonable assurances to minimize potential vandalism. 
 (b) The failure of Lessee to make any payment of Rent or any Security Deposit required to be made by Lessee hereunder, whether to Lessor
or to a third party, when due, to provide reasonable evidence of insurance or surety bond, or to fulfill any obligation under this Lease which endangers or threatens life or property, where such failure continues for a period of 3 business days
following written notice to Lessee. 
 (c) The failure by Lessee to provide (i) reasonable written evidence of compliance
with Applicable Requirements, (ii) the service contracts, (iii) the rescission of an unauthorized assignment or subletting, (iv) an Estoppel Certificate, (v) a requested subordination, (vi) evidence concerning any guaranty
and/or Guarantor, (vii) any document requested under Paragraph 41 (easements), or (viii) any other documentation or information which Lessor may reasonably require of Lessee under the terms of this Lease, where any such failure continues
for a period of 10 days following written notice to Lessee. 
 (d) A Default by Lessee as to the terms, covenants, conditions
or provisions of this Lease, or of the rules adopted under Paragraph 2.9 hereof, other than those described in subparagraphs 13.1(a), (b) or (c), above, where such Default continues for a period of 30 days after written notice; provided,
however, that if the nature of Lessee’s Default is such that more than 30 days are reasonably required for its cure, then it shall not be deemed to be a Breach if Lessee commences such cure within said 30 day period and thereafter diligently
prosecutes such cure to completion. 
 (e) The occurrence of any of the following events: (i) the making of any general
arrangement or assignment for the benefit of creditors; (ii) becoming a “debtor” as defined in 11 U.S.C. § 101 or any successor statute thereto (unless, in the case of a petition filed against Lessee, the same is dismissed
within 60 days); (ill) the appointment of a trustee or receiver to take possession of substantially all of Lessee’s assets located at the Premises or of Lessee’s interest in this Lease, where possession is not restored to Lessee
within 30 days; or (iv) the attachment, execution or other judicial seizure of substantially all of Lessee’s assets located at the Premises or of Lessee’s interest in this Lease, where such seizure is not discharged within 30 days;
provided, however, in the event that any provision of this subparagraph (e) is contrary to any applicable law, such provision shall be of no force or effect, and not affect the validity of the remaining provisions. 
 (f) The discovery that any financial statement of Lessee or of any Guarantor given to Lessor was materially false. 
 (g) If the performance of Lessee’s obligations under this Lease is guaranteed: (i) the death of a Guarantor, (ii) the
termination of a Guarantor’s liability with respect to this Lease other than in accordance with the terms of such guaranty, (iii) a Guarantor’s becoming insolvent or the subject of a bankruptcy filing, (iv) a Guarantor’s
refusal to honor the guaranty, or (v) a Guarantor’s breach of its guaranty obligation on an anticipatory basis, and Lessee’s failure, within 60 days following written notice of any such event, to provide written alternative assurance
or security, which, when coupled with the then existing resources of Lessee, equals. or exceeds the combined financial resources of Lessee and the Guarantors that existed at the time of execution of this Lease. 
 13.2 Remedies. If Lessee falls to perform any of its affirmative duties or obligations, within 10 days after written notice (or in case of an
emergency, without notice), Lessor may, at its option, perform such duty or obligation on Lessee’s behalf, including but not limited to the obtaining of reasonably required bonds, insurance policies, or governmental licenses, permits or
approvals. The costs and expenses of any such performance by Lessor shall be due and payable by Lessee upon receipt of invoice therefor. If any check given to Lessor by Lessee shall not be honored by the bank upon which it is drawn, Lessor, at its
option, may require all future payments to be made by Lessee to be by cashier’s check. In the event of a Breach, Lessor may, with or without further notice or demand, and without limiting Lessor in the exercise of any right or remedy which
Lessor may have by reason of such Breach: 
 (a) Terminate Lessee’s right to possession of the Premises by any lawful
means, in which case this Lease shall terminate and Lessee shall immediately surrender possession to Lessor. In such event Lessor shall be entitled to recover from Lessee: (i) the unpaid Rent which had been earned at the time of termination;
(ii) the worth at the time of award of the amount by which the unpaid rent which would have been earned after termination until the time of award exceeds the amount of such rental loss that the Lessee proves could have been reasonably avoided;
(iii) the worth at the time of award of the amount by which the unpaid rent for the balance of the term after the time of award exceeds the amount of such rental loss that the Lessee proves could be reasonably avoided; and (iv) any other
amount necessary to compensate Lessor for all the detriment proximately caused by the Lessee’s failure to perform its obligations under this Lease or which in the ordinary course of things would be likely to result therefrom, including but not
limited to the cost of recovering possession of the Premises, expenses of reletting, including necessary renovation and alteration of the Premises, reasonable attorneys’ fees, and that portion of any leasing commission paid by Lessor in
connection with this Lease applicable to the unexpired term of this Lease. The worth at the time of award of the amount referred to in provision (iii) of the immediately preceding sentence shall be computed by discounting such amount at the
discount rate of the Federal Reserve Bank of the District within which the Premises are located at the time of award plus one percent. Efforts by Lessor to mitigate damages caused by Lessee’s Breach of this Lease shall not waive Lessor’s
right to recover damages under Paragraph 12. If termination of this Lease is obtained through the provisional remedy of unlawful detainer, Lessor shall have the right to recover in such proceeding any unpaid Rent and damages as are recoverable
therein, or Lessor may reserve the right to recover all or any part thereof in a separate suit. If a notice and grace period required under Paragraph 13.1 was not previously given, a notice to pay rent or quit, or to perform or quit given to Lessee
under the unlawful detainer statute shall also constitute the notice required by Paragraph 13.1. In such case, the applicable grace period required by Paragraph 13.1 and the unlawful detainer statute shall run concurrently, and the failure of Lessee
to cure the Default within the greater of the two such grace periods shall constitute both an unlawful detainer and a Breach of this Lease entitling Lessor to the remedies provided for in this Lease and/or by said statute. 
 (b) Continue the Lease and Lessee’s right to possession and recover the Rent as it becomes due, in which event Lessee may sublet or
assign, subject only to reasonable limitations. Acts of maintenance, efforts to relet, and/or the appointment of a receiver to protect the Lessor’s interests, shall not constitute a termination of the Lessee’s right to possession.

 (c) Pursue any other remedy now or hereafter available under the laws or judicial decisions of the state wherein the
Premises are located. The expiration or termination of this Lease and/or the termination of Lessee’s right to possession shall not relieve Lessee from liability under any indemnity provisions of this Lease as to matters occurring or accruing
during the term hereof or by reason of Lessee’s occupancy of the Premises. 
 13.3 Inducement Recapture. Any agreement for free
or abated rent or other charges, or for the giving or paying by Lessor to or for Lessee of any cash or other bonus, inducement or consideration for Lessee’s entering into this Lease, all of which concessions are hereinafter referred to as
“Inducement Provisions”, shall be deemed conditioned upon Lessee’s full and faithful performance of all of the terms, covenants and conditions of this Lease. Upon Breach of this Lease by Lessee, any such Inducement Provision
shall automatically be deemed deleted from this Lease and of no further force or effect, and any rent, other charge, bonus, Inducement or consideration theretofore abated, given or paid by Lessor under such an Inducement Provision shall be
immediately due and payable by Lessee to Lessor, notwithstanding any subsequent cure of said Breach by Lessee. The acceptance by Lessor of rent or the cure of the Breach which initiated the operation of this paragraph shall not be deemed a waiver by
Lessor of the provisions of this paragraph unless specifically so stated in writing by Lessor at the time of such acceptance. 
 13.4 Late
Charges. Lessee hereby acknowledges that late payment by Lessee of Rent will cause Lessor to incur costs not contemplated by this Lease, the exact amount of which will be extremely difficult to ascertain. Such costs include, but are not limited
to, processing and accounting charges, and late charges which may be imposed upon Lessor by any Lender. Accordingly, if any Rent shall not be received by Lessor within 5 days after such amount shall be due, then, without any requirement for notice
to Lessee, Lessee shall pay to Lessor a one-time late charge equal to 10% of each such overdue amount or $100, whichever is greater. The parties hereby agree that such late charge represents a fair and reasonable estimate of the costs Lessor will
incur by reason of such late payment. Acceptance of such late charge by Lessor shall in no event constitute a waiver of Lessee’s Default or Breach with respect to such overdue amount, nor prevent the exercise of any of the other rights and
remedies granted hereunder. In the event that a late charge is payable hereunder, whether or not collected, for 3 consecutive installments of Base Rent, then notwithstanding any provision of this Lease to the contrary, Base Rent shall, at
Lessor’s option, become due and payable quarterly in advance. 
 13.5 Interest. Any monetary payment due Lessor hereunder, other
than late charges, not received by Lessor, when due as to scheduled payments (such as Base Rent) or within 30 days following the date on which it was due for non-scheduled payment, shall bear interest from the date when due, as to scheduled
payments, or the 31st day after it was due as to non-scheduled payments. The interest (“Interest”) charged shall be equal to the prime rate reported in the Wall Street Journal as published closest prior to the date when due plus 4%,
but shall not exceed the maximum rate allowed by law. Interest is payable in addition to the potential late charge provided for in Paragraph 13.4. 
 13.6 Breach by Lessor. 
 (a) Notice of Breach. Lessor shall not be deemed in breach of this Lease
unless Lessor fails within a reasonable time to perform an obligation required to be performed by Lessor. For purposes of this Paragraph, a reasonable time shall in no event be less than 30 days after receipt by Lessor, and any Lender whose name and
address shall have been furnished Lessee in writing for such purpose, of written notice specifying wherein such obligation of Lessor has not been performed; provided, however, that if the nature of Lessor’s obligation is such that more than 30
days are reasonably required for its performance, then Lessor shall not be in breach if performance is commenced within such 30 day period and thereafter diligently pursued to completion. 
 (b) Performance by Lessee on Behalf of Lessor. In the event that neither Lessor nor Lender cures said breach within 30 days after
receipt of said notice, or if having commenced said cure they do not diligently pursue it to completion, then Lessee may elect to cure said breach at Lessee’s expense and offset from Rent an amount equal to the greater of one month’s Base
Rent or the Security Deposit, and to pay an excess of such expense under protest, reserving Lessee’s right to reimbursement from Lessor. Lessee shall document the cost of said cure and supply said documentation to Lessor. 
  

					
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 14 Condemnation. If the Premises or any portion thereof are taken under the power of eminent domain or sold under
the threat of the exercise of said power (collectively “Condemnation”), this Lease shall terminate as to the part taken as of the date the condemning authority takes title or possession, whichever first occurs. If more than 10% of
the floor area of the Unit, or more than 25% of Lessee’s Reserved Parking Spaces, is taken by Condemnation, Lessee may, at Lessee’s option, to be exercised in writing within 10 days after Lessor shall have given Lessee written notice of
such taking (or in the absence of such notice, within 10 days after the condemning authority shall have taken possession) terminate this Lease as of the date the condemning authority takes such possession. If Lessee does not terminate this Lease in
accordance with the foregoing, this Lease shall remain in full force and effect as to the portion of the Premises remaining, except that the Base Rent shall be reduced in proportion to the reduction in utility of the Premises caused by such
Condemnation. Condemnation awards and/or payments shall be the property of Lessor, whether such award shall be made as compensation for diminution in value of the leasehold, the value of the part taken, or for severance damages; provided, however,
that Lessee shall be entitled to any compensation for Lessee’s relocation expenses, loss of business goodwill and/or Trade Fixtures, without regard to whether or not this Lease is terminated pursuant to the provisions of this Paragraph. All
Alterations and Utility Installations made to the Premises by Lessee, for purposes of Condemnation only, shall be considered the property of the Lessee and Lessee shall be entitled to any and all compensation which is payable therefor. In the event
that this Lease is not terminated by reason of the Condemnation, Lessor shall repair any damage to the Premises caused by such Condemnation. 
 15.
Brokerage Fees. 
 15.1 Additional Commission. In addition to the payments owed pursuant to Paragraph 1.10 above, and unless
Lessor and the Brokers otherwise agree in writing, Lessor agrees that: (a) if Lessee exercises any Option, (b) if Lessee acquires from Lessor any rights to the Premises or other premises owned by Lessor and located within the Project,
(c) if Lessee remains in possession of the Premises, with the consent of Lessor, after the expiration of this Lease, or (d) if Base Rent is increased, whether by agreement or operation of an escalation clause herein, then, Lessor shall pay
Brokers a fee in accordance with the schedule of the Brokers in effect at the time of the execution of this Lease. If Lessee leases additional square footage or renews all or a portion of the Premises, then Lessor shall pay Lessee’s broker a
market fee provided Lessee’s broker is involved in such negotiations. 
 15.2 Assumption of Obligations. Any buyer or transferee
of Lessor’s interest in this Lease shall be deemed to have assumed Lessor’s obligation hereunder. Brokers shall be third party beneficiaries of the provisions of Paragraphs 1.10, 15, 22 and 31. If Lessor fails to pay to Brokers any amounts
due as and for brokerage fees pertaining to this Lease when due, then such amounts shall accrue interest. In addition, if Lessor fails to pay any amounts to Lessee’s Broker when due, Lessee’s Broker may send written notice to Lessor and
Lessee of such failure and if Lessor falls to pay such amounts within 10 days after said notice, Lessee shall pay said monies to its Broker and offset such amounts against Rent. In addition, Lessee’s Broker shall be deemed to be a third party
beneficiary of any commission agreement entered into by and/or between Lessor and Lessor’s Broker for the limited purpose of collecting any brokerage fee owed. 
 15.3 Representations and Indemnities of Broker Relationships. Lessee and Lessor each represent and warrant to the other that it has had no dealings with any person, firm, broker or finder (other than the
Brokers, if any) in connection with this Lease, and that no one other than said named Brokers is entitled to any commission or finder’s fee in connection herewith. Lessee and Lessor do each hereby agree to indemnify, protect, defend and hold
the other harmless from and against liability for compensation or charges which may be claimed by any such unnamed broker, finder or other similar party by reason of any dealings or actions of the Indemnifying Party, including any costs, expenses,
attorneys’ fees reasonably incurred with respect thereto. 
 16. Estoppel Certificates. 
 (a) Each Party (as “Responding Party”) shall within 10 days after written notice from the other Party (the
“Requesting Party”) execute, acknowledge and deliver to the Requesting Party a statement in writing in form similar to the then most current “Estoppel Certificate” form published by the AIR Commercial Real Estate
Association, plus such additional information, confirmation and/or statements as may be reasonably requested by the Requesting Party. 
 (b) If the Responding Party shall fall to execute or deliver the Estoppel Certificate within such 10 day period, the Requesting Party may execute an Estoppel Certificate stating that: (i) the Lease is in full
force and effect without modification except as may be represented by the Requesting Party, (ii) there are no uncured defaults in the Requesting Party’s performance, and (iii) if Lessor is the Requesting Party, not more than one
month’s rent has been paid in advance. Prospective purchasers and encumbrances may rely upon the Requesting Party’s Estoppel Certificate, and the Responding Party shall be estopped from denying the truth of the facts contained in said
Certificate. 
 (c) If Lessor desires to finance, refinance, or sell the Premises, or any part thereof, Lessee and all
Guarantors shall deliver to any potential lender or purchaser designated by Lessor such financial statements as may be reasonably required by such lender or purchaser, including but not limited to Lessee’s financial statements for the past 3
years. All such financial statements shall be received by Lessor and such lender or purchaser in confidence and shall be used only for the purposes herein set forth. 
 17. Definition of Lessor. The term “Lessor” as used herein shall mean the owner or owners at the time in question of the fee title to the Premises, or, if this is a sublease, of the
Lessee’s interest in the prior lease. In the event of a transfer of Lessor’s title or interest in the Premises or this Lease, Lessor shall deliver to the transferee or assignee (in cash or by credit) any unused Security Deposit held by
Lessor. Except as provided in Paragraph 15, upon such transfer or assignment and delivery of the Security Deposit, as aforesaid, the prior Lessor shall be relieved of all liability with respect to the obligations and/or covenants under this Lease
thereafter to be performed by the Lessor. Subject to the foregoing, the obligations and/or covenants in this Lease to be performed by the Lessor shall be binding only upon the Lessor as hereinabove defined. Notwithstanding the above, and subject to
the provisions of Paragraph 20 below, the original Lessor under this Lease, and all subsequent holders of the Lessor’s interest in this Lease shall remain liable and responsible with regard to the potential duties and liabilities of Lessor
pertaining to Hazardous Substances as outlined in Paragraph 6.2 above. 
 18. Severability. The invalidity of any provision of this Lease, as
determined by a court of competent jurisdiction, shall in no way affect the validity of any other provision hereof. 
 19. Days. Unless otherwise
specifically indicated to the contrary, the word “days” as used in this Lease shall mean and refer to calendar days. 
 20. Limitation on
Liability. Subject to the provisions of Paragraph 17 above, the obligations of Lessor under this Lease shall not constitute personal obligations of Lessor, the individual partners of Lessor or its or their individual partners, directors,
officers or shareholders, and Lessee shall look to the Premises, and to no other assets of Lessor, for the satisfaction of any liability of Lessor with respect to this Lease, and shall not seek recourse against the individual partners of Lessor, or
its or their individual partners, directors, officers or shareholders, or any of their personal assets for such satisfaction. 
 21. Time of Essence.
Time is of the essence with respect to the performance of all obligations to be performed or observed by the Parties under this Lease. 
 22. No Prior or
Other Agreements; Broker Disclaimer. This Lease contains all agreements between the Parties with respect to any matter mentioned herein, and no other prior or contemporaneous agreement or understanding shall be effective. Lessor and Lessee each
represents and warrants to the Brokers that it has made, and is relying solely upon, its own investigation as to the nature, quality, character and financial responsibility of the other Party to this Lease and as to the use, nature, quality and
character of the Premises. Brokers have no responsibility with respect thereto or with respect to any default or breach hereof by either Party. The liability (including court costs and attorneys’ fees), of any Broker with respect to
negotiation, execution, delivery or performance by either Lessor or Lessee under this Lease or any amendment or modification hereto shall be limited to an amount up to the fee received by such Broker pursuant to this Lease; provided, however, that
the foregoing limitation on each Broker’s liability shall not be applicable to any gross negligence or willful misconduct of such Broker. 
 23.
Notices. 
 23.1 Notice Requirements. All notices required or permitted by this Lease or applicable law shall be in writing and
may be delivered in person (by hand or by courier) or may be sent by regular, certified or registered mail or U.S. Postal Service Express Mail, with postage prepaid, or by facsimile transmission, and shall be deemed sufficiently given if served in a
manner specified in this Paragraph 23. The addresses noted adjacent to a Party’s signature on this Lease shall be that Party’s address for delivery or mailing of notices. Either Party may by written notice to the other specify a different
address for notice, except that upon Lessee’s taking possession of the Premises, the Premises shall constitute Lessee’s address for notice. A copy of all notices to Lessor shall be concurrently transmitted to such party or parties at such
addresses as Lessor may from time to time hereafter designate in writing. 
 23.2 Date of Notice. Any notice sent by registered or
certified mail, return receipt requested, shall be deemed given on the date of delivery shown on the receipt card, or if no delivery date is shown, the postmark thereon. If sent by regular mall the notice shall be deemed given 48 hours after the
same is addressed as required herein and mailed with postage prepaid. Notices delivered by United States Express Mail or overnight courier that guarantee next day delivery shall be deemed given 24 hours after delivery of the same to the Postal
Service or courier. Notices transmitted by facsimile transmission or similar means shall be deemed delivered upon telephone confirmation of receipt (confirmation report from fax machine is sufficient), provided a copy is also delivered via delivery
or mail. If notice is received on a Saturday, Sunday or legal holiday, it shall be deemed received on the next business day. 
 24. Waivers. No waiver
by Lessor of the Default or Breach of any term, covenant or condition hereof by Lessee, shall be deemed a waiver of any other term, covenant or condition hereof, or of any subsequent Default or Breach by Lessee of the same or of any other term,
covenant or condition hereof. Lessor’s consent to, or approval of, any act shall not be deemed to render unnecessary the obtaining of Lessor’s consent to, or approval of, any subsequent or similar act by Lessee, or be construed as the
basis of an estoppel to enforce the provision or provisions of this Lease requiring such consent. The acceptance of Rent by Lessor shall not be a waiver of any Default or Breach by Lessee. Any payment by Lessee may be accepted by Lessor on account
of moneys or damages due Lessor, notwithstanding any qualifying statements or conditions made by Lessee in connection therewith, which such statements and/or conditions shall be of no force or effect whatsoever unless specifically agreed to in
writing by Lessor at or before the time of deposit of such payment. 
  

					
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 25. Disclosures Regarding The Nature of a Real Estate Agency Relationship. 
 (a) When entering into a discussion with a real estate agent regarding a real estate transaction, a Lessor or Lessee should from the
outset understand what type of agency relationship or representation it has with the agent or agents in the transaction. Lessor and Lessee acknowledge being advised by the Brokers in this transaction, as follows: 
 (i) Lessor’s Agent. A Lessor’s agent under a listing agreement with the Lessor acts as the agent for the Lessor only. A
Lessor’s agent or subagent has the following affirmative obligations: To the Lessor: A fiduciary duty of utmost care, integrity, honesty, and loyalty in dealings with the Lessor. To the Lessee and the Lessor: (a) Diligent
exercise of reasonable skills and care in performance of the agent’s duties. (b) A duty of honest and fair dealing and good faith. (c) A duty to disclose all facts known to the agent materially affecting the value or desirability of
the property that are not known to, or within the diligent attention and observation of, the Parties. An agent is not obligated to reveal to either Party any confidential information obtained from the other Party which does not involve the
affirmative duties set forth above. 
 (ii) Lessee’s Agent. An agent can agree to act as agent for the Lessee
only. In these situations, the agent is not the Lessor’s agent, even if by agreement the agent may receive compensation for services rendered, either in full or in part from the Lessor. An agent acting only for a Lessee has the following
affirmative obligations. To the Lessee: A fiduciary duty of utmost care, integrity, honesty, and loyalty in dealings with the Lessee. To the Lessee and the Lessor: (a) Diligent exercise of reasonable skills and care in performance
of the agent’s duties. (b) A duty of honest and fair dealing and good faith. (c) A duty to disclose all facts known to the agent materially affecting the value or desirability of the property that are not known to, or within the
diligent attention and observation of, the Parties. An agent is not obligated to reveal to either Party any confidential information obtained from the other Party which does not involve the affirmative duties set forth above. 
 (iii) Agent Representing Both Lessor and Lessee. A real estate agent, either acting directly or through one or more associate
licenses, can legally be the agent of both the Lessor and the Lessee in a transaction, but only with the knowledge and consent of both the Lessor and the Lessee. In a dual agency situation, the agent has the following affirmative obligations to both
the Lessor and the Lessee: (a) A fiduciary duty of utmost care, integrity, honesty and loyalty in the dealings with either Lessor or the Lessee. (b) Other duties to the Lessor and the Lessee as stated above in subparagraphs (i) or
(ii). In representing both Lessor and Lessee, the agent may not without the express permission of the respective Party, disclose to the other Party that the Lessor will accept rent in an amount less than that indicated in the listing or that the
Lessee is willing to pay a higher rent than that offered. The above duties of the agent in a real estate transaction do not relieve a Lessor or Lessee from the responsibility to protect their own interests. Lessor and Lessee should carefully read
all agreements to assure that they adequately express their understanding of the transaction. A real estate agent is a person qualified to advise about real estate. If legal or tax advice is desired, consult a competent professional. 
 (b) Brokers have no responsibility with respect to any default or breach hereof by either Party. The liability (including court costs and
attorneys’ fees), of any Broker with respect to any breach of duty, error or omission relating to this Lease shall not exceed the fee received by such Broker pursuant to this Lease; provided, however, that the foregoing limitation on each
Broker’s liability shall not be applicable to any gross negligence or willful misconduct of such Broker. 
 (c) Buyer and
Seller agree to Identify to Brokers as “Confidential” any communication or information given Brokers that is considered by such Party to be confidential. 
 26. No Right To Holdover. Lessee has no right to retain possession of the Premises or any part thereof beyond the expiration or termination of this Lease. In the event that Lessee holds over, then the Base Rent shall be increased to
150% of the Base Rent applicable immediately preceding the expiration or termination. Nothing contained herein shall be construed as consent by Lessor to any holding over by Lessee. 
 27. Cumulative Remedies. No remedy or election hereunder shall be deemed exclusive but shall, wherever possible, be cumulative with all other remedies at law or in equity. 
 28. Covenants and Conditions; Construction of Agreement. All provisions of this Lease to be observed or performed by Lessee are both covenants and conditions. In
construing this Lease, all headings and titles are for the convenience of the Parties only and shall not be considered a part of this Lease. Whenever required by the context, the singular shall include the plural and vice versa. This Lease shall not
be construed as if prepared by one of the Parties, but rather according to its fair meaning as a whole, as if both Parties had prepared it. 
 29. Binding
Effect; Choice of Law. This Lease shall be binding upon the parties, their personal representatives, successors and assigns and be governed by the laws of the State in which the Premises are located. Any litigation between the Parties hereto
concerning this Lease shall be initiated in the county in which the Premises are located. 
 30. Subordination; Attornment; Non-Disturbance.

 30.1 Subordination. This Lease and any Option granted hereby shall be subject and subordinate to any ground lease, mortgage, deed
of trust, or other hypothecation or security device (collectively, “Security Device”), now or hereafter placed upon the Premises, to any and all advances made on the security thereof, and to all renewals, modifications, and
extensions thereof. Lessee agrees that the holders of any such Security Devices (in this Lease together referred to as “Lender”) shall have no liability or obligation to perform any of the obligations of Lessor under this Lease. Any
Lender may elect to have this Lease and/or any Option granted hereby superior to the lien of its Security Device by giving written notice thereof to Lessee, whereupon this Lease and such Options shall be deemed prior to such Security Device,
notwithstanding the relative dates of the documentation or recordation thereof. 
 30.2 Attornment. In the event that Lessor transfers
title to the Premises, or the Premises are acquired by another upon the foreclosure or termination of a Security Device to which this Lease is subordinated (i) Lessee shall, subject to the non-disturbance provisions of Paragraph 30.3, attorn to
such new owner, and upon request, enter into a new lease, containing all of the terms and provisions of this Lease, with such new owner for the remainder of the term hereof, or, at the election of such new owner, this Lease shall automatically
become a new Lease between Lessee and such new owner upon all of the terms and conditions hereof, for the remainder of the term hereof, and (ii) Lessor shall thereafter be relieved of any further obligations hereunder and such new owner shall
assume all of Lessor’s obligations hereunder, except that such new owner shall not: (a) be liable for any act or omission of any prior lessor or with respect to events occurring prior to acquisition of ownership; (b) be subject to any
offsets or defenses which Lessee might have against any prior lessor, (c) be bound by prepayment of more than one month’s rent, or (d) be liable for the return of any security deposit paid to any prior lessor. 
 30.3 Non-Disturbance. With respect to Security Devices entered into by Lessor after the execution of this Lease, Lessee’s subordination of
this Lease shall be subject to receiving a commercially reasonable non-disturbance agreement (a “Non-Disturbance Agreement”) from the Lender which Non-Disturbance Agreement provides that Lessee’s possession of the Premises, and
this Lease, including any options to extend the term hereof will not be disturbed so long as Lessee is not in Breach hereof and attorns to the record owner of the Premises. Further, within 60 days after the execution of this Lease, Lessor shall use
its commercially reasonable efforts to obtain a Non-Disturbance Agreement from the holder of any pre-existing Security Device which is secured by the Premises. In the event that Lessor is unable to provide the Non-Disturbance Agreement within said
60 days, then Lessee may, at Lessee’s option, directly contact Lender and attempt to negotiate for the execution and delivery of a Non-Disturbance Agreement. 
 30.4 Self-Executing. The agreements contained in this Paragraph 30 shall be effective without the execution of any further documents; provided, however, that, upon written request from Lessor or a Lender in
connection with a sale, financing or refinancing of the Premises, Lessee and Lessor shall execute such further writings as may be reasonably required to separately document any subordination, attornment and/or Non-Disturbance Agreement provided for
herein. 
 31. Attorneys’ Fees. If any Party or Broker brings an action or proceeding involving the Premises whether founded in tort, contract or
equity, or to declare rights hereunder, the Prevailing Party (as hereafter defined) in any such proceeding, action, or appeal thereon, shall be entitled to reasonable attorneys’ fees. Such fees may be awarded in the same suit or recovered in a
separate suit, whether or not such action or proceeding is pursued to decision or judgment. The term, “Prevailing Party” shall include, without limitation, a Party or Broker who substantially obtains or defeats the relief sought, as
the case may be, whether by compromise, settlement, judgment, or the abandonment by the other Party or Broker of its claim or defense. The attorneys’ fees award shall not be computed in accordance with any court fee schedule, but shall be such
as to fully reimburse all attorneys’ fees reasonably incurred. In addition, Lessor shall be entitled to attorneys’ fees, costs and expenses incurred in the preparation and service of notices of Default and consultations in connection
therewith, whether or not a legal action is subsequently commenced in connection with such Default or resulting Breach ($200 is a reasonable minimum per occurrence for such services and consultation). 
 32. Lessor’s Access; Showing Premises; Repairs. Lessor and Lessor’s agents shall have the right to enter the Premises at any time, in the case of an
emergency, and otherwise at reasonable times for the purpose of showing the same to prospective purchasers, lenders, or tenants, and making such alterations, repairs, improvements or additions to the Premises as Lessor may deem necessary. All such
activities shall be without abatement of rent or liability to Lessee. Lessor may at any time place on the Premises any ordinary “For Sale” signs and Lessor may during the last 6 months of the term hereof place on the Premises any
ordinary “For Lease” signs. Lessee may at any time place on the Premises any ordinary “For Sublease” sign. 
 33.
Auctions. Lessee shall not conduct, nor permit to be conducted, any auction upon the Premises without Lessor’s prior written consent. Lessor shall not be obligated to exercise any standard of reasonableness in determining whether to
permit an auction. 
 34. Signs. Except for ordinary “For Sublease” signs which may be placed only on the Premises, Lessee shall not place
any sign upon the Project without Lessor’s prior written consent. All signs must comply with all Applicable Requirements. 
 35. Termination;
Merger, Unless specifically stated otherwise in writing by Lessor, the voluntary or other surrender of this Lease by Lessee, the mutual termination or cancellation hereof, or a termination hereof by Lessor for Breach by Lessee, shall
automatically terminate any sublease or lesser estate in the Premises; provided, however, that Lessor may elect to continue any one or all existing subtenancies. Lessor’s failure within 10 days following any such event to elect to the contrary
by written notice to the holder of any such lesser interest, shall constitute Lessor’s election to have such event constitute the termination of such interest. 
 36. Consents. Except as otherwise provided herein, wherever in this Lease the consent of a Party is required to an act by or for the other Party, such consent shall not be unreasonably withheld or delayed.
Lessor’s actual reasonable costs and expenses (including but not limited to architects, attorneys’, engineers’ and other consultants’ fees) incurred in the consideration of, or response to, a request by Lessee for any Lessor
consent, including but not limited to consents to an assignment, a subletting or the presence or use of a Hazardous Substance, shall be paid by Lessee upon receipt of an invoice and supporting documentation therefor. Lessor’s consent to
any act, assignment or subletting shall not constitute an acknowledgment that no Default or Breach by Lessee of this Lease exists, nor shall such consent be deemed a waiver of any then existing Default or Breach, except as may be otherwise
specifically stated in writing by Lessor at the time of such consent. The failure to specify herein any particular condition to Lessor’s consent shall not preclude the imposition by Lessor at the time of consent of such further or other
conditions as are then reasonable with reference to the particular matter for which consent is being given. In the event that either Party, disagrees with any determination made by the other hereunder and reasonably requests the reasons for such
determination, the determining party shall furnish reasons in writing and in reasonable detail within 10 business days following such request. 
  

					
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 37: Guarantor. 
 37.1 Execution. The Guarantors, if any, shall each execute a guaranty in the form most recently published by the AIR Commercial Real Estate Association, and each such Guarantor shall have the same obligations
as Lessee under this Lease. 
 37.2 Default. It shall constitute a Default of the Lessee if any Guarantor fails or refuses, upon
request to provide: (a) evidence of the execution of the guaranty, including the authority of the party signing on Guarantor’s behalf to obligate Guarantor, and in the case of a corporate Guarantor, a certified copy of a resolution of its
board of directors authorizing the making of such guaranty, (b) current financial statements, (c) an Estoppel Certificate, or (d) written confirmation that the guaranty is still in effect. 
 38. Quiet Possession. Subject to payment by Lessee of the Rent and performance of all of the covenants, conditions and provisions on Lessee’s part to be
observed and performed under this Lease, Lessee shall have quiet possession and quiet enjoyment of the Premises during the term hereof. 
 39.
Options. If Lessee is granted an option, as defined below, then the following provisions shall apply. 
 39.1 Definition.
“Option” shall mean: (a) the right to extend the term of or renew this Lease or to extend or renew any tease that Lessee has on other property of Lessor; (b) the right of first refusal or first offer to lease either
the Premises or other property of Lessor; (c) the right to purchase or the right of first refusal to purchase the Premises or other property of Lessor. 
 39.2 Options Personal To Original Lessee. Any Option granted to Lessee in this Lease is personal to the original Lessee, and cannot be assigned or exercised by anyone other than said original Lessee and only
white the original Lessee is in full possession of the Premises and, if requested by Lessor, with Lessee certifying that Lessee has no intention of thereafter assigning or subletting. 
 39.3 Multiple Options. In the event that Lessee has any multiple Options to extend or renew this Lease, a later Option cannot be exercised unless
the prior Options have been validly exercised. 
 39.4 Effect of Default on Options. 
 (a) Lessee shall have no right to exercise an Option: (i) during the period commencing with the giving of any notice of Default and
continuing until said Default is cured, (ii) during the period of time any Rent is unpaid (without regard to whether notice thereof is given Lessee), (iii) during the time Lessee is in Breach of this Lease, or (iv) in the event that
Lessee has been given 3 or more notices of separate Default, whether or not the Defaults are cured, during the 12 month period immediately preceding the exercise of the Option. 
 (b) The period of time within which an Option may be exercised shall not be extended or enlarged by reason of Lessee’s inability to
exercise an Option because of the provisions of Paragraph 39.4(a). 
 (c) An Option shall terminate and be of no further force
or effect, notwithstanding Lessee’s due and timely exercise of the Option, if, after such exercise and prior to the commencement of the extended term, (i) Lessee falls to pay Rent for a period of 30 days after such Rent becomes due
(without any necessity of Lessor to give notice thereof), (ii) Lessor gives to Lessee 3 or more notices of separate Default during any 12 month period, whether or not the Defaults are cured, or (iii) if Lessee commits a Breach of this
Lease. 
 40. Security Measures. Lessee hereby acknowledges that the Rent payable to Lessor hereunder does not include the cost of guard service or
other security measures, and that Lessor shall have no obligation whatsoever to provide same. Lessee assumes all responsibility for the protection of the Premises, Lessee, its agents and invitees and their property from the acts of third parties.

 41. Reservations. Lessor reserves the right: (i) to grant, without the consent or joinder of Lessee, such easements, rights and dedications
that Lessor deems necessary, (ii) to cause the recordation of parcel maps and restrictions, and (iii) to create and/or install new utility raceways, so long as such easements, rights, dedications, maps, restrictions, and utility raceways
do not unreasonably interfere with the use of the Premises by Lessee. Lessee agrees to sign any documents reasonably requested by Lessor to effectuate such rights. 
 42. Performance Under Protest. If at any time a dispute shall arise as to any amount or sum of money to be paid by one Party to the other under the provisions hereof, the Party against whom the obligation to pay the money is asserted
shall have the right to make payment “under protest” and such payment shall not be regarded as a voluntary payment and there shall survive the right on the part of said Party to institute suit for recovery of such sum. If it shall be
adjudged that there was no legal obligation on the part of said Party to pay such sum or any part thereof, said Party shall be entitled to recover such sum or so much thereof as it was not legally required to pay. 
 43. Authority. If either Party hereto is a corporation, trust, limited liability company, partnership, or similar entity, each individual executing this Lease on
behalf of such entity represents and warrants that he or she is duly authorized to execute and deliver this Lease on its behalf. Each party shall, within 30 days after request, deliver to the other party satisfactory evidence of such authority.

 44. Conflict. Any conflict between the printed provisions of this Lease and the typewritten or handwritten provisions shall be controlled by the
typewritten or handwritten provisions. 
 45. Offer. Preparation of this Lease by either party or their agent and submission of same to the other
Party shall not be deemed an offer to lease to the other Party. This Lease is not intended to be binding until executed and delivered by all Parties hereto. 
 46. Amendments. This Lease may be modified only in writing, signed by the Parties in interest at the time of the modification. As long as they do not materially change Lessee’s obligations hereunder, Lessee agrees to make such
reasonable non-monetary modifications to this Lease as may be reasonably required by a Lender in connection with the obtaining of normal financing or refinancing of the Premises. 
 47. Multiple Parties. If more than one person or entity is named herein as either Lessor or Lessee, such multiple Parties shall have joint and several responsibility to comply with the terms of this Lease.

 48. Waiver of Jury Trial. The Parties hereby waive their respective rights to trial by jury in any action or proceeding involving the Property or
arising out of this Agreement. 
 49. Mediation and Arbitration of Disputes. An Addendum requiring the Mediation and/or the Arbitration of all
disputes between the Parties and/or Brokers arising out of this Lease  ̈ is þ is not attached to this Lease.

 LESSOR AND LESSEE HAVE CAREFULLY READ AND REVIEWED THIS LEASE AND EACH TERM AND PROVISION CONTAINED HEREIN, AND BY THE EXECUTION OF THIS LEASE SHOW
THEIR INFORMED AND VOLUNTARY CONSENT THERETO. THE PARTIES HEREBY AGREE THAT, AT THE TIME THIS LEASE IS EXECUTED, THE TERMS OF THIS LEASE ARE COMMERCIALLY REASONABLE AND EFFECTUATE THE INTENT AND PURPOSE OF LESSOR AND LESSEE WITH RESPECT TO THE
PREMISES. 
 ATTENTION: NO REPRESENTATION OR RECOMMENDATION IS MADE BY THE AIR COMMERCIAL REAL ESTATE ASSOCIATION OR BY ANY BROKER AS TO THE LEGAL
SUFFICIENCY, LEGAL EFFECT, OR TAX CONSEQUENCES OF THIS LEASE OR THE TRANSACTION TO WHICH IT RELATES. THE PARTIES ARE URGED TO: 
 1. SEEK ADVICE OF
COUNSEL AS TO THE LEGAL AND TAX CONSEQUENCES OF THIS LEASE. 
 2. RETAIN APPROPRIATE CONSULTANTS TO REVIEW AND INVESTIGATE THE CONDITION OF THE
PREMISES. SAID INVESTIGATION SHOULD INCLUDE BUT NOT BE LIMITED TO: THE POSSIBLE PRESENCE OF HAZARDOUS SUBSTANCES, THE ZONING OF THE PREMISES, THE STRUCTURAL INTEGRITY, THE CONDITION OF THE ROOF AND OPERATING SYSTEMS, COMPLIANCE WITH THE AMERICANS
WITH DISABILITIES ACT AND THE SUITABILITY OF THE PREMISES FOR LESSEE’S INTENDED USE. 
 WARNING: IF THE PREMISES ARE LOCATED IN A STATE OTHER
THAN CALIFORNIA, CERTAIN PROVISIONS OF THE LEASE MAY NEED TO BE REVISED TO COMPLY WITH THE LAWS OF THE STATE IN WHICH THE PREMISES ARE LOCATED. 
 The
parties hereto have executed this Lease at the place and on the dates specified above their respective signatures. 
  

											
	Executed at: San Jose, CA	 		 	Executed at:	 	  
	on: June 1, 2004	 		 	on:	 	  
			
	By LESSOR:	 		 	By LESSEE:
			
	Henry A. Pappani and Donald A. Perrucci, Trustees	 		 	Sirf Technology, inc., a Delaware corporation
					
	By:	 	/s/ Henry A. Pappani, Trustee	 		 	By:	 	/s/ Walter D. Amaral
	Name Printed: Henry A. Pappani	 		 	Name Printed: Walter D. Amaral
	Title:	 	 Co-Trustee of the Anthony Paul Perrucci
 Testamentary
trust
	 		 	Title:	 	SR VP & CFO

  

					
	DAP	  		  	WDA
	HAP	  	Page 11 of 12	  	  
	Initials	  		  	Initials

											
					
	By:	 	/s/ Donald A. Perrucci, Trustee	 		 	By:	 	  
	Name Printed: Donald A. Perrucci	 		 	Name Printed:	 	  
	Title:	 	Co-Trustee of the Anthony Paul Perrucci	 		 	Title:	 	  
	Address: Testamentary Trust; Trustee of the	 		 	Address:	 	  
	Josephine E. Perrucci 1978 Trust	 		 	  
	96 N. Third Street. #275, San Jose, CA 95112	 		 	  
				
	Telephone: (408) 275-0550	 		 	Telephone:	 	  
	Facsimile: (408) 298-0702	 		 	Facsimile:	 	  
	Federal ID No. 94-6461952	 		 	Federal ID No.	 	  

 These forms are often modified to meet changing requirements of law and needs of the industry. Always write or
call to make sure you are utilizing the most current form: AIR Commercial Real Estate Association, 700 South Flower Street, Suite 600, Los Angeles, CA 90017. 
 ©Copyright 1999
By AIR Commercial Real Estate Association. 
 All rights reserved. 
 No part of these works may be reproduced in any form without permission in writing. 
  

					
	DAP	  		  	WDA
	HAP	  	Page 12 of 12	  	  
	Initials	  		  	Initials

 ADDENDUM 
 To that certain lease, dated May 20, 2004, for reference purposes only, by and between Henry A. Pappani and Donald A. Perrucci, Trustees (“Lessor”) and Sirf Technology, Inc. (“Lessee”), for the
premises at 217 Devcon Drive, San Jose, California. 
 50. LEASE COMMENCEMENT: The Lease shall commence the later of June 1, 2004 or
upon Lessor’s completion of Tenant Improvements. 
 51. EARLY COMMENCEMENT: The Lessee shall have full access to the Premises upon Lease
execution as long as Lessee does not interfere with Lessor’s installation of the improvements. 
 52. TENANT IMPROVEMENTS: Lessor, at
its sole cost, shall perform the following improvements prior to Lease commencement: demise the Premises by installing a floor to ceiling finished and painted wall with base board, separate the utilities, HVAC, lighting, etc. with separate meters,
deliver the Premises, including all building systems (HVAC, electrical, plumbing, lighting, etc.) and the roof in good working order. In addition, Lessor shall replace the tile floor in the lunchroom, repair the crack in the wall (corner of
lunchroom), replace the exterior window (with BB hole), and wash the windows. 
 53. WARRANTS: Lessor shall warranty the good operating
condition of all building systems (HVAC, electrical, plumbing) for the first sixty (60) days of the term and the roof through the first substantial rain. 
 54. BASE RENT: Base rent for the first twelve (12) months of the Lease is $9,600.00 (12,000 square feet x $0.80). 
 Rental Schedule: 
  

								
	 Months
	  	Rate Per SF	  	Square
Footage	  	Base Rent
	 01-12
	  	$0.80 NNN	  	12,000	  	$	9,600.00
	 13-30
	  	$0.85 NNN	  	23,040	  	$	19,584.00

 55. OPTION TO RENEW: Lessee shall have the Option to Renew this Lease Agreement for one
(1) additional one (1) year period upon the same terms and conditions as set forth in this Lease Agreement. Lessee shall give Lessor written notice at least 180 days prior to the expiration of the most recent lease term. Holding over by
Lessee after the expiration of the term of this Lease without specified exercise of the Option to Renew and the required notice, with or without Lessor’s acquiescence shall not constitute a renewal of this Lease by operation of law or under
this Option to Renew. 
 The lease rental amounts for the renewal term shall be set at 95% of the fair market rate for the lease of similar
properties in the general area of the Premises at the time of the exercise of the Option to Renew and shall be adjusted at the beginning of the renewal term based on the percentage change in the Consumer Price index (CPI) for all Urban
Consumers—U.S. city average that is reported at the time the rate is to be adjusted and the CPI for all Urban Consumers that was reported at the time the rental rate was last established. However, in no event shall the rental rate be reduced
below the amount established initially above. 
 56. SIGNAGE: Lessor reserves the right to reasonably approve all signage. 
  

									
	Lessor:	 		 	Lessee:
			
	Henry A. Pappani and Donald A. Perrucci, Trustee	 		 	Sirf Technology, Inc., a Delaware corporation
					
	By:	 	/s/ Henry A. Pappani, Trustee	 		 	By:	 	/s/ Walter D. Amaral
		 	Henry A. Pappani	 		 		 	
	Title:	 	Co-Trustee of the Anthony Paul	 		 	Title:	 	  
		 	Perrucci Testamentary Trust	 		 		 	
					
	Date:	 	6/1/04	 		 	Date:	 	  
					
	By:	 	/s/ Donald A. Perrucci, Trustee	 		 		 	
		 	Donald A. Perrucci	 		 		 	
	Title:	 	Co-Trustee of the Anthony Paul Perrucci Testamentary Trust; Trustee of the Josephine E. Perrucci 1978 Trust	 		 		 	
					
	Date:	 	6/1/04

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