Document:

Agreement of Sale and Purchase dated September 27,2004

 Exhibit 10.1 
  
 AGREEMENT OF SALE AND PURCHASE 
  
 BETWEEN 
  
 BANK OF AMERICA, N.A. (“SELLER”) 
  
 AND 
  
 FIRST STATES GROUP, L.P. (“PURCHASER”) 
  
 Dated: September 27, 2004 

 TABLE OF CONTENTS 
  

					
	 	  	 	  	Page

			
	1.	  	 DEFINED TERMS
	  	1
			
	2.	  	 SALE AND PURCHASE OF PROPERTIES
	  	6
			
	3.	  	 PROPERTIES - REAL AND PERSONAL ASSETS
	  	7
			
	4.	  	 PURCHASE PRICE
	  	8
			
	5.	  	 MASTER LEASE AGREEMENT
	  	8
			
	6.	  	 CLOSING; CLOSING PROCEDURE; CONDITIONS PRECEDENT
	  	8
			
	7.	  	 TITLE
	  	11
			
	8.	  	 SERVICE AND MAINTENANCE CONTRACTS
	  	13
			
	9.	  	 DOCUMENTS TO BE DELIVERED BY SELLER AT CLOSING
	  	13
			
	10.	  	 DOCUMENTS TO BE DELIVERED BY PURCHASER AT CLOSING
	  	15
			
	11.	  	 POSSESSION; VACATE SPACE
	  	16
			
	12.	  	 ADJUSTMENTS
	  	17
			
	13.	  	 EXPENSES
	  	19
			
	14.	  	 DEFAULT
	  	20
			
	15.	  	 RISK OF LOSS
	  	21
			
	16.	  	 BROKERS
	  	22
			
	17.	  	 PROPERTIES “AS-IS.”
	  	22
			
	18.	  	 DISCLAIMER
	  	22
			
	19.	  	 DUE DILIGENCE PERIOD; PURCHASER’S ACCESS TO PROPERTIES
	  	25
			
	20.	  	 NOTICES AND ASSESSMENTS; TAX APPEALS
	  	28
			
	21.	  	 NOTICES
	  	28
			
	22.	  	 NO SURVIVAL
	  	29
			
	23.	  	 FURTHER ASSURANCES
	  	29
			
	24.	  	 ESTOPPEL CERTIFICATES; SNDA
	  	29
			
	25.	  	 MISCELLANEOUS
	  	30
			
	26.	  	 PURCHASER’S REPRESENTATIONS
	  	30
			
	27.	  	 SELLER’S REPRESENTATIONS
	  	31
			
	28.	  	 INDEMNIFICATION
	  	31
			
	29.	  	 MARKETING
	  	32
			
	30.	  	 NO OFFER
	  	33
			
	31.	  	 NO LIABILITY
	  	33

  

 -i- 

 TABLE OF CONTENTS 
  

					
	 	  	 	  	Page

			
	32.	  	 RADON NOTICE
	  	33
			
	33.	  	 PROPERTY AUDITS
	  	33
			
	34.	  	 CAPITAL WORK
	  	33
			
	35.	  	 LINKED PROPERTIES
	  	34

  

 -ii- 

 AGREEMENT OF SALE AND PURCHASE 
  
 THIS AGREEMENT OF SALE AND PURCHASE (“Agreement”) is made and entered into as of September 27, 2004, by and
between BANK OF AMERICA, N.A., a national banking association, having an address at 100 North Tryon Street, Suite 5210, NC1-007-52-02, Charlotte, NC 28255 (“Seller”), and FIRST STATES GROUP, L.P., a Delaware limited partnership,
having an address at 1725 The Fairway, Jenkintown, Pennsylvania 19046 (“Purchaser”). Terms with initial capital letters shall have the meanings assigned to such terms in Section 1. 
  
 BACKGROUND 
  
 Seller owns various Parcels, Buildings and Appurtenances more particularly
described on Exhibit A hereto (collectively, the “Properties” and, individually, a “Property”), which Seller desires to sell, and Purchaser desires to Purchase, on the terms and conditions herein provided.

  
 NOW, THEREFORE, in consideration of the covenants and mutual
promises contained herein and other good and valuable consideration (the receipt and sufficiency of which are hereby acknowledged), Seller and Purchaser, intending to be legally bound hereby, agree as follows: 
  
 1. Defined Terms. The following terms shall have the
meanings set forth below when used in this Agreement: 
  
 “Aggregate Occupancy Percentage” shall mean a fraction, expressed as a percentage, the numerator of which is the aggregate Net Rentable Area of the Leased Premises at the time the calculation is made, and the denominator of
which is the aggregate Net Rentable Area of the Buildings at all of the Closing Properties, provided that the Aggregate Occupancy Percentage shall not be less than sixty-one & 8/10 percent (61.8%) on the Closing Date. 
  
 “Agreed Upon Percentage” shall mean, for
each Property, the percentage of the total Purchase Price assigned to such Property as agreed by Seller and Purchaser and set forth on Exhibit B hereto. Each time a Property is removed from this Agreement pursuant to the terms hereof, the
then remaining Agreed Upon Percentages shall be proportionately distributed over the then included Properties. 
  
 “Agreement” shall have the meaning given such term in the parties paragraph. 
  
 “Approved Lease” shall have the meaning
given such term in Section 8(b). 
  
 “Appurtenances” shall have the meaning given such term in Section 3(ii). 
  
 “Assignment” shall have the meaning given such term in Section 9(d). 
  
 “Assumed Property Costs” shall have the
meaning given such term in Section 12(d). 
  
 “ATM” shall have the meaning given such term in the last paragraph of Section 3. 
  

 1 

 “Banking Center Properties” shall mean those Properties identified on
Exhibit A hereto as “Banking Centers,” whether or not such Properties also include a “Motor Bank.” 
  
 “Bill of Sale” shall have the meaning given such term in Section 9(b). 
  
 “BOMA Standard” shall have the meaning
given such term in Section 19(f). 
  
 “Buildings” shall have the meaning given such term in Section 3(iii). 
  
 “Capital Work” shall have the meaning given such term in Section 34. 
  
 “CERCLA” shall have the meaning given such
term in Section 18(b). 
  
 “Closing” shall have the meaning given such term in Section 6(a). 
  
 “Closing Properties” shall have the meaning given such term in Section 6(b). 
  
 “Closing Date” shall mean as of 12:01 a.m.
EST on October 1, 2004. 
  
 “Deeds” shall have the meaning given such term in Section 9(a). 
  
 “Due Diligence Indemnity” shall have the meaning given such term in Section 19(e). 
  
 “Due Diligence Inspections” shall have the
meaning given such term in Section 19(a). 
  
 “Due Diligence Objection” shall have the meaning given such term in Section 19(e). 
  
 “Due Diligence Period” shall mean the period that begins on the date of this Agreement and ends on the Closing Date.

  
 “Environmental Requirements”
shall have the meaning given such term in Section 18(c). 
  
 “Excluded Items” shall have the meaning given such term in the last paragraph of Section 3. 
  
 “FSI 225” shall mean First States Investors 225, LLC, a Delaware limited liability company. Purchaser is the indirect
owner of 100% of the limited liability company interests of FSI 225. 
  
 “FSI 5000A” shall mean First States Investors 5000A, LLC, a Delaware limited liability company. Purchaser is the indirect owner of 100% of the limited liability company interests of FSI 5000A.

  
 “FSI 5200” shall mean First
States Investors 5200, LLC, a Delaware liability company. Purchaser is the indirect owner of 100% of the limited liability company interests of FSI 5200. 
  

 2 

 “Gap Notice” shall have the meaning given such term in Section
7(c). 
  
 “Hazardous
Materials” shall have the meaning given such term in Section 18(b). 
  
 “Holdover Damages Amount” shall mean an amount calculated as the product of (a) the number of days by which Seller’s
Aggregate Time of Possession exceeds 180 days multiplied by (b) Fifty-Four Thousand Thirty-Five Dollars ($54,035) minus, if applicable, (c) the amount of any Holdover Damages Amount previously paid by Seller to Purchaser. 
  
 “Incomplete Capital Work” shall have the
meaning given such term in Section 34. 
  
 “Intangible Personal Property” shall have the meaning given such term in Section 3(v). 
  
 “Intangible Property Assignment” shall have the meaning given such term in Section 9(c). 
  
 “Knowledge” shall mean, with respect to
Seller, the actual knowledge, after due investigation and inquiry, of Robert M. Patterson, Michael F. Hord, Chuck Dunn, John L. Vinnicombe and James A. Mezzanotte. 
  
 “Leased Premises” shall mean the aggregate Net Rentable Area in each Property as set forth
on Exhibit A hereto that shall be leased by Seller from Purchaser from and after the Closing Date pursuant to the terms of the Master Lease Agreement. The Leased Premises shall exclude the Vacate Space. 
  
 “Lease Files” shall have the meaning given
such term in Section 9(d). 
  
 “Leases” shall mean those leases for tenants (other than Seller) occupying space in the Properties as set forth on the Rent Roll. 
  
 “Linked Properties” shall have the meaning given such term in Section 35. 
  
 “Master Lease Agreement” shall have the
meaning given such term in Section 5(a). 
  
 “Measurement” shall have the meaning given such term in Section 19(f). 
  
 “Monetary Objection” shall have the meaning given such term in Section 7(d). 
  
 “Net Rentable Area” shall mean, as
applicable, the net rentable areas of the Leased Premises, the Vacate Space and the Buildings, determined in conformity with the BOMA Standard. The approximate Net Rentable Areas of the Leased Premises, the Vacate Space and the Buildings are as
specified on Exhibit A hereto. At Closing, Seller and Purchaser shall more precisely identify the Net Rentable Areas of the Leased Premise, Vacate Space and the Buildings and append the same as revised Exhibit A hereto. 
  
 “Objection” shall have the meaning given
such term in Section 7(b). 
  

 3 

 “Occupancy Percentage” shall mean, as to each Building, a fraction,
expressed as a percentage, the numerator of which is the Net Rentable Area of the Leased Premises in the Building at the time the calculation is made, and the denominator of which is Net Rentable Area of the Building. The approximate Occupancy
Percentage for each Building is specified on Exhibit A hereto. At Closing, Seller and Purchaser shall more precisely identify the Occupancy Percentage for each Property and append the same to the Master Lease Agreement. 
  
 “Pending Condemnations” shall have the
meaning given such term in Section 15(b). 
  
 “Pending Tax Appeals” shall have the meaning given such term in Section 20 (c). 
  
 “Parcels” shall have the meaning given such term in Section 3(i). 
  
 “Phase I Study” shall have the meaning
given such term in Section 19(d). 
  
 “Phase II Study” shall have the meaning given such term in Section 19(d). 
  
 “Possession Period” shall mean, for each portion of Vacate Space surrendered to Purchaser, a time period equal to the
number of days between the Closing Date and the date on which Seller surrenders possession of such Vacate Space in conformity with the requirements of Section 11. 
  
 “Property” and “Properties” shall have the meanings given to such terms in
the background paragraph. 
  
 “Property
Audits” shall have the meaning given such term in Section 33. 
  
 “Purchaser” shall have the meaning given to such term in the parties paragraph. 
  
 “Purchaser Affiliate” shall mean a partnership, limited liability company, or corporation that is owned by or is under
common control and ownership with, Purchaser. 
  
 “Purchase Price” shall have the meaning given such term in Section 4. 
  
 “Purchaser’s Closing Costs” shall have the meaning given such term in Section 13(a). 
  
 “Purchaser’s Closing Documents” shall
have the meaning given such term in Section 10. 
  
 “RCRA” shall have the meaning given such term in Section 18(b). 
  
 “Remediation Conditions” shall have the meaning given such term in Section 19(d). 
  
 “Rent Roll” shall mean the rent roll
attached hereto as Exhibit L. 
  

 4 

 “St. Louis Additional Premises” shall have the meaning given such term
in Section 6(d)(iv)(B). 
  
 “St. Louis Renewal Lease” shall have the meaning given such term in Section 6(d)(iv)(B). 
  
 “St. Louis Surrendered Space” shall have the meaning given such term in Section 6(d)(iv)(A). 
  
 “SEC” shall have the meaning given such
term in Section 29(a). 
  
 “Seller” shall have the meaning given such term in the parties paragraph. 
  
 “Seller’s Aggregate Time of Possession” shall mean a time period, rounded to the nearest whole number of days,
calculated as (a) the sum of the Vacate Space Possession Factors divided by (b) the aggregate Net Rentable Area of the Vacate Space on the Closing Date. 
  
 “Seller’s Artwork” shall mean all the paintings, sculptures and other artwork owned by Seller and described on
Exhibit P hereto. 
  
 “Seller’s Broker” shall have the meaning given such term in Section 13(b)(i). 
  
 “Seller’s Closing Costs” shall have the meaning given such term in Section 13(b). 
  
 “Seller’s Closing Documents” shall
have the meaning given such term in Section 9. 
  
 “Seller’s Documentation” shall have the meaning given such term in Section 19(c). 
  
 “Service Contracts” shall have the meaning given such term in Section 8(a). 
  
 “SNDA” shall have the meaning given such
term in Section 24(b). 
  
 “Successor” shall have the meaning given such term in Section 7(a)(viii). 
  
 “Tenant Estoppel” shall have the meaning given such term in Section 24(a). 
  
 “Tenant Pass-Throughs” shall have the
meaning given such term in Section 12(b). 
  
 “Tenant Security Deposits” shall have the meaning given such term in Section 12(a). 
  
 “Tangible Personal Property” shall have the meaning given such term in Section 3(iv). 
  
 “Termination Notice” shall have the meaning
given such term in Section 19(c). 
  
 “Title Objection Notice” shall have the meaning given such term in Section 7(c). 
  
 “Uncured Objection” shall have the meaning given such term in Section 7(d). 
  

 5 

 “Vacate Period” shall mean the period commencing on the Closing Date and
ending on the last day of the eighteenth month following the Closing Date. 
  
 “Vacate Space” shall mean all those rentable areas within the Buildings that do not constitute part of the Leased Premises occupied by Seller or the premises occupied by third-party tenants under the
Leases. On the Closing Date, the Vacate Space may be unoccupied and free from personal property or occupied by Seller or Seller’s personal property on a temporary basis as provided in Section 11. 
  
 “Vacate Space Demising Work” shall mean the
construction by Seller, if and to the extent required as a result of Seller’s vacation and surrender of the Vacate Space to Purchaser, of (i) all walls and other work required to demise, separate and secure the Leased Premises from any portion
of the Building that is not included within the Leased Premises, (ii) all work, if and to the extent required as a result of such demise, for (a) the creation of multi-tenant access to Building Common Areas (as defined in the Master Lease
Agreement), facilities and systems necessary for the general office use of the Vacate Space, including, without limitation, multi-tenant access to the mechanical, electrical, plumbing and other utility facilities and systems serving the Vacate Space
or (b) at Seller’s sole option, in lieu of creating multi-tenant access to existing Building Common Areas, facilities or systems, Seller may construct replacements for Building Common Areas, facilities or systems necessary for the general
office use of the Vacate Space and (iii) to provide proper and lawful means of ingress and egress to the Vacate Space. Notwithstanding the foregoing, Seller will not be obligated to (i) make any alterations or improvements to demise the Leased
Premises on floors of any Buildings that are and shall continue to be leased by Seller as full floors, (ii) make any alterations or improvements to floors that do not contain any Leased Premises or (iii) bring the Projects into compliance with
building codes or other Legal Requirements (as defined in the Master Lease Agreement), except to the extent required by any Governmental Authority (as defined in the Master Lease Agreement) as being necessary to perform the Seller Vacate Space
Demising Work. All Vacate Space Demising Work shall be performed in conformity with the requirements of Section 5.7 of the Master Lease Agreement. 
  
 “Vacate Space Possession Factor” shall mean, (i) for each portion of Vacate Space surrendered to Purchaser prior to the
date on which a calculation of Holdover Damages Amount is made, the product of (a) the Possession Period for such Vacate Space multiplied by (b) the Net Rentable Area of such Vacate Space and (ii) for any Vacate Space not surrendered to Purchaser as
of the date on which a calculation of Holdover Damages Amount is made, the product of (a) the number of days between the Closing Date and the date of such calculation multiplied by (b) the Net Rentable Area of the Vacate Space not surrendered to
Purchaser as of such date; provided that the Vacate Space Possession Factor for any Vacate Space surrendered by Seller to Purchaser on the Closing Date shall equal zero. 
  
 2. Sale and Purchase of Properties. 
  
 (a) On the terms and conditions hereinafter provided, Seller shall sell and convey to Purchaser, and
Purchaser shall purchase and acquire from Seller, Seller’s right, title and interest in and to the Properties. 
  

 6 

 (b) During the Due Diligence Period, Seller may remove one or more Properties from this
Agreement; provided that Seller shall not remove Properties that decrease the Purchase Price, in the aggregate, by more than 10% without Purchaser’s prior written consent, which consent may be withheld in Purchaser’s sole discretion. For
each Property removed pursuant to this Section 2(b), Seller shall reimburse Purchaser for all out-of-pocket expenses incurred by Purchaser in connection with the Due Diligence Inspections for such removed Property. 
  
 (c) For each Property removed from this Agreement during the
Due Diligence Period, the Purchase Price shall be reduced by subtracting therefrom an amount equal to the Agreed Upon Percentage, as set forth on Exhibit B hereto, for each removed Property multiplied by the Purchase Price. Following all such
reductions, Exhibit B shall be modified to proportionally reallocate the reduced Purchase Price among the remaining Properties and the Agreed Upon Percentage for each Property for all of the Properties shall be adjusted accordingly.

  
 3. Properties - Real and Personal Assets.
The conveyance to Purchaser by Seller of each Property shall include Seller’s right, title and interest, if any, in and to the following: 
  
 (i) except as set forth on Exhibit M attached hereto, all tracts, lots or parcels of land identified on Exhibit A hereto
(collectively, “Parcels”), together with all parking lots, areas, garages, parking decks or other facilities used in connection with the Properties; 
  
 (ii) all rights, privileges and easements appurtenant to the Parcels, including, without limitation, all of
Seller’s right, title and interest, if any, in and to all minerals, oil, gas and other hydrocarbon substances, development rights, land use entitlements, including, without limitation, building permits, licenses, permits and certificates,
utilities commitments, air rights, water, water rights, sewerage allocations, riparian rights and water stock relating to the Properties and any rights-of-way or other appurtenances used in connection with the beneficial use and enjoyment of the
Properties, and all of Seller’s right, title and interest in and to all roads, easements, rights of way and alleys adjoining or servicing the Properties (collectively, “Appurtenances”); 
  
 (iii) all improvements and fixtures located on the Parcels
or Appurtenances, including, without limitation, the buildings and other improvements (“Buildings”) erected or existing thereon; all other improvements integral to the use or operation of the Properties, regardless of whether such
improvements are located on the Properties; all apparatus, fixtures, equipment, and appliances attached to or located on the Properties or used in connection with the operations or occupancy of the Properties, such as heating and air conditioning
systems and facilities used to provide any utility, refrigeration, ventilation, garbage disposal, recreation or other services on the Properties; 
  
 (iv) except as set forth on Exhibit N attached hereto and as set forth below, to the extent owned by Seller, all tangible personal
property located on and used in connection with the Properties, including, without limitation, all building plans; all common area furnishings and equipment; all pylons, monuments and other signage (but excluding any right to use Seller’s name
or logos appearing on such signage); all maintenance tools, vehicles and equipment; all cafeterias or commissaries, including, without limitation, all fixtures, equipment and appliances used in connection therewith; any gymnasiums, fitness or
exercise centers, including, without limitation, all 

  

 7 

 
equipment, fixtures and furnishings therein located; and, at all properties that include retail banking facilities, all vaults, vault doors, drive-through
facilities and equipment, teller counters and equipment and under-counter steel (collectively, “Tangible Personal Property”); and 
  
 (v) all intangible personal property now or hereafter owned by Seller and used in the ownership, use or operation or development of the
Property or the Tangible Personal Property, including, without limitation, all building licenses and permits to the extent transferable; all warranties and guaranties to the extent transferable, together with all tenant leases, agreements, records,
substantive correspondence and other documents affecting in any way a right to occupy any portion of the Properties and all guaranties thereof and all amendments thereto (collectively, “Intangible Personal Property”). 
  
 Notwithstanding the foregoing, the conveyance to Purchaser by Seller of each Property shall
specifically exclude the following (collectively, “Excluded Items”): (i) any Tangible Personal Property that is located in or used exclusively in connection with the Leased Premises, (ii) Seller’s Artwork and (iii) all trade
fixtures, equipment, furniture, furnishings, supplies, records, documents, cash, coin, and other items of moveable personal property relating to the operation of Seller’s business, including, without limitation, all safe deposit boxes (but not
the nests or frames thereof), safes, Seller identification signage, automated teller machines (“ATM”) connected to or located within the Buildings or situated as freestanding structures on the Property and ATM equipment,
telecommunication equipment, security systems and equipment, satellite dishes and antennas, computers, computer terminals and computer equipment, any office equipment (whether leased or owned) located in the Buildings and any personal property
belonging to any tenant occupying any portion of the Property. All of the Excluded Items are hereby excluded from the Properties to be conveyed hereunder and shall remain the property of Seller. 
  
 4. Purchase Price. The total purchase price for all the
properties as set forth on Exhibit B attached hereto (“Purchase Price”) shall equal $534,934,462. 
  
 5. Master Lease Agreement. Commencing on the Closing Date, Purchaser, as landlord, shall lease to Seller, as tenant, the Leased
Premises pursuant to one or more lease agreements (collectively, the “Master Lease Agreement”) substantially in the form attached as Exhibit C hereto. The Master Lease Agreement shall have an initial term of fifteen (15)
years. Seller shall have the right to renew the term of the Master Lease Agreement, on a Property-by-Property basis, for up to eighty-five (85) additional years (i.e., 17 renewal terms of 5 years each) at the Banking Center Properties and up to
thirty-five (35) additional years (i.e., 7 renewal terms of 5 years each) at all other Properties. 
  
 6. Closing; Closing Procedure; Conditions Precedent. 
  
 (a) Closing shall be the meeting at which Seller transfers ownership of the Properties to Purchaser by deed
and Purchaser pays the Purchase Price (as adjusted in accordance with this Agreement) to Seller (“Closing”). Closing shall occur on the Closing Date at the office of Morgan, Lewis & Bockius LLP, 1701 Market Street, Philadelphia,
Pennsylvania, or at such other place as Seller and Purchaser may mutually agree. Notwithstanding the foregoing, (i) Seller shall be entitled, upon notice to Purchaser from time to time on or before 

  

 8 

 
any date scheduled for Closing herein, to an adjournment or adjournments of the Closing, not to exceed thirty (30) days in the aggregate and (ii) Purchaser
shall be entitled, upon notice to Seller from time to time on or before any date scheduled for Closing herein, to an adjournment or adjournments of the Closing, not to exceed thirty-one (31) days in the aggregate. 
  
 (b) Prior to the expiration of the Due Diligence Period,
Seller and Purchaser shall identify those Properties for which Purchaser has approved or otherwise waived all Due Diligence Inspections (the “Closing Properties”). The Closing Properties shall be identified in a written supplement
to this Agreement that is executed by Purchaser and shall include (i) the specific name or other identifying information and the Agreed Upon Percentage for each Closing Property and (ii) the Purchase Price. 
  
 (c) It shall be a condition to Seller’s and
Purchaser’s respective obligations to consummate Closing that, at or prior to Closing, each of the following shall have occurred (or be waived in writing by Seller and Purchaser): 
  
 (i) The annualized aggregate net contractual rent paid by Seller (and its affiliates) to Purchaser (and its
affiliates) under the Master Lease Agreement and all other lease or occupancy agreements then in effect between Seller and Purchaser (and their respective affiliates) shall not be greater than 40% of the annualized aggregate net contractual rent
received by Purchaser (and its affiliates) from all sources. 
  
 (d) It shall be a condition of Seller’s (but not Purchaser’s) obligation to consummate Closing that, at or prior to Closing, each of the following shall have occurred (or be waived in writing by Seller):

  
 (i) Seller and Purchaser shall have entered
into a Master Agreement Regarding Leases substantially in the form attached as Exhibit R hereto, together with such modifications thereto as are mutually acceptable to Seller and Purchaser. 
  
 (ii) Seller and FSI 5000A shall execute the Second Amendment
to Master Lease Agreement for the Lease Agreement between FSI 5000A, as landlord, and Seller, as tenant, in form and substance mutually acceptable to Seller and Purchaser. 
  
 (iii) Seller and FSI 225 shall have entered into a modification of Seller’s lease for the property
known as Bank of America Plaza in St. Louis, Missouri, pursuant to which: 
  
 (A) Seller shall reduce the space occupied by it to approximately 360,000 square feet by surrendering, in whole or partial floor increments, approximately 100,000 square feet of excess space to FSI 225 at any time
prior to December 31, 2004 (any space so surrendered, the “St. Louis Surrendered Space”). In such event, the annual base rental payable by Seller under the lease for the St. Louis property shall not abate or reduce, but, effective
as of the date on which Seller surrenders possession of the St. Louis Surrendered Space to FSI 225 vacant and free of Seller’s personal property, Seller’s obligation to pay additional rent, including Seller’s allocated share of
operating expenses, real estate taxes and other charges with respect to the St. Louis Surrendered Space shall cease and terminate. Seller shall not be obligated to perform any demising work with respect to the St. Louis Surrendered 

  

 9 

 
Space. FSI 225 shall be permitted to market and lease the St. Louis Surrendered Space to third party tenants on such terms and conditions as FSI 225 shall
determine. The foregoing surrender and termination rights shall supersede and replace any early termination rights currently granted to Seller under the existing lease for the St. Louis property. 
  
 (B) Commencing January 1, 2012, immediately following the
expiration of the term of the lease for the St. Louis property, Seller shall renew the Lease for the St. Louis property with respect to not less than 206,000 rentable square feet upon the terms and conditions herein set forth (“St. Louis
Renewal Lease”). The initial term of the St. Louis Renewal Lease shall expire on June 30, 2023, subject to up to six further renewal periods of five years each. The annual base rental payable by Seller under the St. Louis Renewal Lease
shall be as set forth on Schedule 1 attached hereto. The other terms and conditions of the St. Louis Renewal Lease shall be the same as the terms and conditions set forth in the Master Lease Agreement. Seller may, at Seller’s election upon one
year’s prior written notice to FSI 225, include under the St. Louis Renewal Lease any and all premises in excess of 206,000 rentable square feet that Seller is leasing at the expiration of the term of the lease for the St. Louis property (any
such space, the “St. Louis Additional Premises”), provided that the annual base rental, term, renewal rights and other provisions with respect to the St. Louis Additional Premises shall be the same as those applicable to
“Short-Term Expansion Premises” under the Master Lease Agreement. 
  
 (C) In consideration of Seller’s agreement to enter into the St. Louis Renewal Lease as herein provided, on January 15, 2005, so long as Seller is not in default under the lease for the St. Louis property beyond
any applicable notice and cure periods, FSI 225 shall pay to Seller a leasehold improvement allowance equal to $1,500,000. 
  
 (D) In addition to any existing rights that Seller has at the St. Louis property (which shall remain unchanged and in full force and
effect), the St. Louis property lease modification shall grant Seller the same exclusivity, signage and building naming rights that Seller has with respect to properties leased under the Master Lease Agreement, subject to the existing rights of
third party tenants at the St. Louis property. 
  
 (E) To the extent that any of the foregoing modifications can not be accomplished by direct modification of the existing lease for the St. Louis property (because FSI 225’s mortgagee will not approve the same if such approval is
required under the applicable mortgage documents), such modifications shall be accomplished by separate agreement between Seller and FSI 225 that provides the same net economic benefits to Seller and FSI 225 as would be obtained if all of the
modifications had been accomplished by direct modification of the existing lease. 
  

 10 

 7. Title. 
  
 (a) As to each Property, on the Closing Date, the title conveyed shall be good, marketable, indefeasible and
insurable by any reputable title insurance company at regular rates, free and clear of all liens, judgments and similar encumbrances, subject however to: 
  
 (i) the state of facts shown on an accurate survey of the Property, other than a matter which would constitute an Objection that Purchaser
does not waive pursuant to Section 7(c) below; 
  
 (ii) zoning regulations, municipal building restrictions and all other laws, ordinances, regulations and restrictions of any duly constituted public authority enacted prior to the Closing Date; 
  
 (iii) grants to governmental entities or to utility and/or
power companies, the right of the public in sidewalks and abutting public rights-of-way, and easements given to the public for water course maintenance, slope rights or sight rights, but only to the extent such rights do not impair or restrict the
use of the Property for the uses contemplated by Purchaser; 
  
 (iv) the lien of current taxes and assessments not due and payable as of the Closing Date; 
  
 (v) special taxes and assessments becoming a lien on or after the Closing Date; 
  
 (vi) if applicable, the Leases, and any other leases of the
Property entered into with Purchaser’s consent pursuant to Section 8(b) below; 
  
 (vii) standard exceptions set forth in the form of title insurance policy of the title insurance company selected by Purchaser; and

  
 (viii) any other matter which would
constitute an Objection that Purchaser waives pursuant to Section 7(c) below, provided that with respect to any Monetary Objection against Seller, same shall not constitute an Objection if a title insurance company authorized to do business
in the state in which the affected Property is located agrees that it will insure title free of such Monetary Objection to Purchaser, their successors and assigns, including, without limitation, future purchasers (“Successor”), or
with affirmative insurance against the enforcement of such Monetary Objection against the affected Fee Property to Purchaser and any Successor, and such removal or affirmative coverage does not require Purchaser or any Successor to defend an action
brought on any such judgment. 
  
 Notwithstanding anything to the contrary
contained in this Section 7(a), in no event shall the provisions of this Section 7(a) be interpreted or otherwise construed as requiring Seller to warrant title to the Property except as set forth in the Deeds delivered pursuant to
Section 9(a) below. 
  
 (b) The term
“Objection” shall mean any matter shown on the survey obtained by Purchaser or any covenant, easement, restriction or other title defect or encumbrance (including, without limitation, any lien or the lack of direct access to a
dedicated public road or street), other than the matters referred to in Section 7(a) above, which renders title to the Property either unmarketable or uninsurable at regular rates, reduces the value of the Property or impairs or restricts the
current use of the Property. 
  

 11 

 (c) As to each Property, Purchaser shall order, at Purchaser’s expense, a title
commitment from a title insurance company authorized to do business in the state in which such Property is located and, if so desired by Purchaser, a survey at Purchaser’s expense. Within three (3) business days following Purchaser’s
receipt thereof, Purchaser shall deliver to Seller a copy of the title commitment and, if applicable, survey for such Property. Prior to the expiration of the Due Diligence Period, Purchaser shall deliver to Seller written notice of any Objection
(“Title Objection Notice”) to Seller. Purchaser shall be deemed to have waived any Objection existing on the last day of the Due Diligence Period and not specified in the Title Objection Notice. Purchaser may, at or prior to
Closing, notify Seller in writing (the “Gap Notice”) of any objections to title (x) raised by the Title Company between the expiration of the Due Diligence Period and the Closing Date and that have been recorded on the land records
after the expiration of the Due Diligence Period or (y) known to Seller and not otherwise disclosed to the Title Company or Purchaser. If Purchaser sends a Gap Notice to Seller, Purchaser and Seller shall have the same rights and obligations with
respect to such notice as apply to a Title Objection Notice in accordance with the provisions of this Section 7(c). 
  
 (d) Seller shall have no obligation to bring any action or proceeding or otherwise to incur any expense or liability (contingent or
otherwise) to remedy an Objection; provided, however, that if an Objection is a monetary lien, judgment or encumbrance of an ascertainable amount (a “Monetary Objection”), Seller shall be obligated at or prior to the Closing Date,
to cause such Monetary Objection to be satisfied or to cause the title insurance company to insure title free of such Monetary Objection or with affirmative insurance against the enforcement of such Monetary Objection by delivery of an acceptable
indemnity. If Seller is unable to convey title to a Property in accordance with this Agreement or does not elect to remedy an Objection (other than a Monetary Objection), Purchaser may elect either (i) to accept such title as Seller is able to
convey at Closing, without any reduction of the Purchase Price or any credit or allowance on account thereof or any other claim against Seller, or (ii) to terminate this Agreement as to the Property encumbered or affected by the Objection. Such
election shall be made by Purchaser within ten (10) days after written notice from Seller to Purchaser stating that Seller is unable to convey title in accordance with this Agreement or does not elect to remedy an Objection (other than a Monetary
Objection) (an “Uncured Objection”), such notice of an Uncured Objection from Seller to be given within ten (10) days after its receipt of the Title Objection Notice, in which event this Agreement shall be null and void as to the
Property encumbered or affected by the Uncured Objection, and the parties shall have no further liabilities or obligations hereunder, except as to those obligations which expressly survive the termination of this Agreement. 
  
 (e) Although Seller is not obligated to do so, Seller shall
have the right to remedy any Objection with respect to a Property on written notice given to Purchaser within ten (10) days after Seller’s receipt of the Title Objection Notice. For the purpose of remedying an Objection, Seller shall have the
right to one or more adjournments of the Closing for an aggregate period not to exceed forty-five (45) days. If Seller fails to remedy the Objection prior to the adjourned Closing, the provisions of Section 7(d) above shall be applicable, and
Seller shall be deemed to have elected not to remedy the Objection. 
  
 (f) The sale includes whatever right, title and interest Seller has in and to the equipment and fixtures presently on each Property which are appurtenant to or used in the operation 

  

 12 

 
thereof (subject to the exclusions set forth in Section 3 above). Seller makes no representations as to the quality, kind or condition thereof, and
Purchaser agrees to take the same “WHERE-IS” and “AS-IS.” 
  
 8. Service and Maintenance Contracts. 
  
 (a) On or before September 30, 2004, Seller shall identify for Purchaser in writing any and all maintenance, service and other contracts
for the Properties that Seller desires Purchaser to assume at Closing (the “Service Contracts”). At Closing, Seller shall assign to Purchaser, and Purchaser shall assume, all previously identified Service Contracts, but only if the
Service Contracts are validly assignable. Any Service Contracts that, by their terms, are not validly assignable to Purchaser shall be retained or terminated by Seller. Seller shall indemnify, defend and hold Purchaser harmless from and against all
claims for payment by such contractors for services with respect to such Property rendered prior to the date of the Closing. Purchaser may terminate (and Seller shall, at no cost to Seller, assist Purchaser in terminating) any Service Contracts that
Purchaser desires to terminate, but Purchaser shall be solely responsible for paying, and shall indemnify Seller against, any and all fees and other costs associated with any such Service Contract terminations. The provisions of this Section
8(a) shall survive Closing and the delivery of the Deeds and Assignments, and shall survive the expiration or earlier termination of this Agreement. 
  
 (b) Seller hereby agrees that from and after the date hereof, Seller shall not enter into any leases of or contracts for any Property, the
term of which leases or contracts extend beyond the Closing without Purchaser’s prior written consent, which consent for leases may be given or withheld in Purchaser’s sole discretion, but for contracts shall not be unreasonably withheld.
Purchaser shall object to any request for consent within five (5) days of presentment by Seller or Purchaser shall be deemed to have consented to the requested lease or contract (each an “Approved Lease”). Purchaser shall pay for
all tenant improvement, brokerage and other leasing costs in connection with any Approved Leases to the extent such costs are not reflected in the calculation of the Purchase Price. 
  
 9. Documents to be Delivered by Seller at Closing. At Closing, Seller shall deliver to Purchaser
(collectively, “Seller’s Closing Documents”): 
  
 (a) for each Closing Property, the customary form of special or limited warranty deed and/or, if applicable, form of assignment and assumption of ground lease (such that Seller shall only warrant for claims arising
by, through or under Seller, but none others) for the state for which the Property is located (collectively, the “Deeds”) shall be duly executed by Seller, be in form for recordation, contain the permitted exceptions listed on
Exhibit O attached hereto, and be accompanied by completed realty transfer tax forms (to be provided by Purchaser’s title insurance company); 
  
 (b) for each Closing Property, a bill of sale in the form attached hereto as Exhibit D (“Bill of Sale”), pursuant
to which Seller shall sell and transfer the personal property at each Property subject to this Agreement to Purchaser; 
  

 13 

 (c) for each Closing Property, two counterpart originals of an assignment and assumption
of intangible property in the form attached hereto as Exhibit E (“Intangible Property Assignment”), pursuant to which Seller shall assign and Purchaser shall assume Seller’s interest in the Intangible Personal Property;

  
 (d) for each Closing Property, all originals
of all Leases and tenant files in Seller or Seller’s agents possession (the “Lease Files”) and two (2) counterpart originals of an assignment and assumption of leases in the form attached hereto as Exhibit F hereto
(“Assignment”), pursuant to which Seller shall assign and Purchaser shall assume Seller’s interest as lessor in the Leases; the Lease Files shall be delivered to Purchaser at Closing at Seller’s offices in Charlotte, North
Carolina; 
  
 (e) for each Closing Property,
notices to tenants under the Leases of the occurrence of the sale of the Property in the form attached hereto as Exhibit G duly executed by or on behalf of Seller; 
  
 (f) a settlement statement (to be prepared by Purchaser’s title insurance company) showing the
applicable closing adjustments, duly executed by Seller; 
  
 (g) a FIRPTA affidavit in the form attached hereto as Exhibit H; 
  
 (h) the customary form of mechanic’s lien and possession affidavit, each duly executed by Seller, together with such documents and
other evidence as is reasonably required by Purchaser’s title insurance company to establish that Seller is authorized to execute the closing documents and to record the Deeds, including a California Form 590 shall also be provided for each
Closing Property located in California and a Georgia Broker’s Lien Affidavit shall be provided for each Closing Property located in Georgia; 
  
 (i) a Certificate of Seller in the form attached hereto as Exhibit I, confirming the truth, accuracy and completeness of the
representations and warranties of Section 27 hereof with respect to Seller; 
  
 (j) a certified copy of the Bylaws adopted by the Board of Directors of Seller confirming the authority of certain officers to execute
documents and a certified statement of incumbency of the officer of Seller executing the documents described in this Section 9; 
  
 (k) originals, to the extent in Seller’s possession, of surveys, permits, licenses, leases, subleases, warranties and guarantees
covered by this Agreement; 
  
 (l) four (4)
counterpart originals of the Master Lease Agreement in the form provided in Section 5 above; 
  
 (m) three (3) counterpart originals of the SNDA, all duly executed by Seller; 
  
 (n) a rent roll dated as of the Closing Date and certified
to Purchaser as true, accurate and correct to the best of Seller’s Knowledge; 
  

 14 

 (o) Tenant Estoppels as required in Section 24 below; 
  
 (p) for the space vacated or otherwise not occupied by
Seller pursuant to the Master Lease Agreement or as Vacate Space under this Agreement, all keys and locks, alarm codes, vault or safe combinations, and all written warranties or guaranties transferred hereunder; and 
  
 (q) a Guarantee of the Master Lease Agreement executed and
delivered by Bank of America Corporation in the form attached hereto as Exhibit Q. 
  
 Purchaser may waive compliance on Seller’s part under any of the foregoing items only by an instrument in writing. 
  
 10. Documents to be Delivered by Purchaser at Closing. At Closing, Purchaser shall deliver to Seller (collectively,
“Purchaser’s Closing Documents”): 
  
 (a) the Purchase Price as described in Section 4, as adjusted pursuant to Sections 12 and 15, by wire transfer of immediately available funds; 
  
 (b) for each Closing Property, two (2) counterpart originals
of the Intangible Property Assignment described in Section 9(c) above duly executed by Purchaser; 
  
 (c) for each Closing Property, two (2) counterpart originals of the Assignment described in Section 9(d) above duly executed by
Purchaser; 
  
 (d) a closing statement (to be
prepared by Purchaser’s title insurance company) showing the applicable Closing adjustments, duly executed by Purchaser; 
  
 (e) a Certificate of Purchaser or Purchaser’s permitted assignee, in the form attached hereto as Exhibit J, confirming the
truth, accuracy and completeness of the representations and warranties of Section 26 hereof with respect to Purchaser or such assignee, as applicable, and duly executed by Purchaser or Purchaser’s permitted assignee; 
  
 (f) four (4) counterpart originals of the Master Lease
Agreement in the form provided in Section 5 above; 
  
 (g) three (3) counterpart originals of the SNDA, all duly executed by Purchaser and Purchaser’s lender; and 
  
 (h) such documents and other evidence as is reasonably required by Purchaser’s title insurance company to establish that Purchaser is
authorized to execute the closing documents and to record the Deeds, including a California Form 590 shall also be provided for each Closing Property located in California and a Georgia Broker’s Lien Affidavit shall be provided for each Closing
Property located in Georgia. 
  
 Seller may waive compliance on Purchaser’s
part under any of the foregoing items only by an instrument in writing. 
  

 15 

 11. Possession; Vacate Space. 
  
 (a) Except as otherwise provided in this Section 11
with respect to the Vacate Space, at Closing, Seller shall give Purchaser possession of each Closing Property, in broom clean condition, free and clear of all third party rights of possession other than as permitted under the Master Lease Agreement,
the Leases and any Approved Leases under Section 8(b). 
  
 (b) During the Vacate Period, Seller may use and occupy the Vacate Space in conformity with the requirements of this Section 11. The Vacate Space shall not constitute part of the Leased Premises, and the Net
Rentable Area of the Vacate Space shall not be included in the calculation of Seller’s Occupancy Percentage under the Master Lease Agreement. Notwithstanding the foregoing, (i) Seller’s use of the Vacate Space shall be subject to the
provisions of Section 1.5 of the Master Lease Agreement relating to use and to the provisions of Sections 6.4, 6.5, 6.6 and 6.7 of the Master Lease Agreement relating to insurance, indemnifications and waivers of
recovery, (ii) Seller’s performance of any Vacate Space Demising Work to separately demise the Leased Premises from the Vacate Space shall be subject to the provisions of Section 5.7 of the Master Lease Agreement and (iii) the resolution
of any disputes between Purchaser and Seller relating to the Vacate Space or to the scope or cost of any Vacate Space Demising Work shall be subject to the provisions of Articles XII and XIII of the Master Lease Agreement. 

 
 (c) Prior to the expiration of the Vacate Period, Seller
shall, at Seller’s election, either (i) vacate and surrender possession of the Vacate Space to Purchaser or (ii) add the Vacate Space as Leased Premises under the Master Lease Agreement as provided in Article X thereof. Seller may make
different elections with respect to different portions of the Vacate Space. If Seller fails to notify Purchaser prior to the expiration of the Vacate Period of Seller’s election to add Vacate Space as Leased Premises under the Master Lease
Agreement, Seller shall be deemed to have elected to vacate such Vacate Space prior to the expiration of the Vacate Period. If Seller elects to add all or any portion of the Vacate Space as Leased Premises as aforesaid, Purchaser and Seller shall
amend the applicable Lease Supplement (as defined in the Master Lease Agreement) and Exhibit A to the Master Lease Agreement to evidence and confirm the addition of such Vacate Space to the Leased Premises. 
  
 (d) Except to the extent Seller adds Vacate Space as Lease
Premises under the Master Lease Agreement, Seller shall remove all of Seller’s personal property from the entire Vacate Space prior to the expiration of the Vacate Period or, if earlier, within thirty (30) days following the date on which
Seller surrenders possession of the Vacate Space in conformity with the requirements of this Section 11. In the event Seller fails to remove its personal property from the Vacate Space by such date, Purchaser shall have the right to remove
and dispose of the same at Seller’s sole cost and expense. Seller shall deliver the Vacate Space to Purchaser in the same condition as it was in on the date of the execution of this Lease, reasonable wear and tear and Vacate Space Demising
Work, if any, excepted, and subject to the provisions of Section 5.3 and Article VI of the Master Lease Agreement. Unless Seller makes a timely election to add the Vacate Space as Lease Premises under the Master Lease Agreement,
Purchaser may terminate Seller’s right to possess and occupy the Vacate Space at any time following the expiration of the 

  

 16 

 
Vacate Period and thereafter pursue actions at law or in equity to recover immediate possession the Vacate Space. 
  
 (e) Seller shall notify Purchaser in writing as and when
Seller vacates a portion of the Vacate Space. Within five (5) business days following Purchaser’s receipt of any such notice, Purchaser and Seller shall confirm in writing the date on which possession of the Vacate Space were so surrendered to
Purchaser and the Net Rentable Area of the surrendered Vacate Space. Seller may give Purchaser notice that it has vacated all or a portion of the Vacate Space at any time on or after the Closing Date. 
  
 (f) It is the intention of the parties that Seller will
vacate and surrender the entire Vacate Space to Purchaser, on a weighted average basis, within 180 days following the Closing Date, with certain portions of the Vacate Space being surrendered to Purchaser on the Closing Date and other portions of
the Vacate Space not being surrendered to Purchaser until at or immediately prior to the expiration of the Vacate Period. If Seller’s Aggregate Time of Possession for the Vacate Space is greater than 180 days, Seller shall pay to
Purchaser, as liquidated damages on account of such delay, the Holdover Damages Amount as herein provided. 
  
 (g) On or about September 1, 2005, December 1, 2005, and March 1, 2006, Purchaser shall calculate and advise Seller of the amount of any
Holdover Damages Amount due and payable as of such dates. Seller shall pay any such Holdover Damages Amount to Purchaser within twenty (20) days following Seller’s receipt of Purchaser’s detailed calculation of the amount then due and
payable. An illustration of how the Holdover Damages Amount is calculated is attached as Exhibit W hereto. 
  
 (h) Prior to the expiration of the Vacate Period or, if earlier, as expeditiously as possible following the date on which Seller
surrenders possession of the Vacate Space in conformity with the requirements of this Section 11, Seller shall perform, at Seller’s sole cost and expense, any Vacate Space Demising Work required in connection with the Vacate Space. If
Seller fails to expeditiously commence and complete any Vacate Space Demising Work or if Purchaser needs to accelerate completion of all or a portion of the Vacate Space Demising Work at a Project to accommodate Purchaser’s leasing of space to
third party tenants, Purchaser shall have the right, but not the obligation, to complete, at Seller’s sole cost and expense, all or a portion of the unfinished Vacate Space Demising Work. 
  
 (i) The provisions of this Section 11 shall survive
Closing and the delivery of the Deeds and Assignments, and shall survive the expiration or earlier termination of this Agreement. 
  
 12. Adjustments. 
  
 (a) At Closing, Purchaser and Seller shall adjust for real estate taxes and assessments on the Closing Properties, such adjustments to be
calculated as of 11:59 PM on the day immediately preceding Closing. If the Closing shall occur before the tax rate or assessed valuation of a Closing Property is fixed for the then-current year, the apportionment of real estate taxes for the 

  

 17 

 
year of Closing shall be upon the basis of the most recent tax bills and the tax rate for the most recent tax year applied to the latest assessed valuation.
There shall be no post-Closing reconciliations or re-prorations of adjusted amounts. 
  
 (b) All rents (including operating expense and real estate tax contributions or reimbursements and similar charges (collectively,
“Tenant Pass-Throughs”), credits, security deposits and set-offs due or required to be paid under or by reason of the Leases shall be adjusted by appropriate credit to the Seller or Purchaser (as the case may be) on the Closing
Date. If, at the Closing Date, any tenant is in arrears in the payment of rents, Seller will disclose the same to Purchaser in writing or on the Rent Roll and such amounts shall not be adjusted on the Closing Date. Prior to the Closing Date, Seller
shall use Seller’s current business practices to collect such arrearages. If Purchaser shall collect any such arrearages within ninety (90) days after the Closing Date, then Purchaser shall turn over to Seller the arrearages so collected, less
the reasonable cost of collection thereof, if any; provided, however, Seller may continue to seek to collect the arrearages by legal action following the Closing Date. All rents collected by Purchaser after the Closing Date (except for amounts
specifically billed and paid as end of year reconciliation payments for Tenant Pass-Throughs, which shall be separately accounted for and allocated, pro rata, between Seller and Purchaser as their interest may appear) shall be first applied to rents
payable after the Closing Date and only the excess thereof shall be paid over to Seller on account of the arrearages. To the extent that items to be apportioned hereunder may be required to be paid directly by a tenant under its Lease, same shall
not be apportioned, provided, however, that such items shall have been paid by such tenant currently through the month including the Closing Date. In addition, Seller shall (i) account to and turn over to Purchaser any and all security deposits paid
by existing tenants of the Closing Properties (“Tenant Security Deposits”), or (ii) provide Purchaser a credit against the Purchase Price in the amount of the Tenant Security Deposits. The provisions of this subparagraph (b) shall
survive Closing and the delivery of the Deeds and Assignments, and shall survive the expiration or earlier termination of this Agreement. 
  
 (c) Seller shall pay, at or prior to Closing, all brokerage fees and commissions for existing Leases entered into prior to the date
hereof. If Closing takes place, all brokerage fees and commissions, if any, for renewals, extensions and expansions of existing Leases exercised after the date hereof, and for new Leases and modifications of existing Leases entered into after the
date hereof and approved by Purchaser as provided in Section 8(b) above, shall be paid by Purchaser. In the event that any Lease existing on the date hereof entitles the tenant thereunder to receive a relocation, improvement, refurbishment or
other allowance (other than in connection with a presently unexercised renewal or extension of the term of such Lease) and such allowance has not been paid to the tenant (or the right to receive such payment has not been waived in a Tenant
Estoppel), Seller shall pay or credit to Purchaser at Closing Seller’s allocated share of such allowance (based on the portion of the term of the Lease that elapsed prior to Closing) and Purchaser shall pay the full amount of such allowance to
the tenant as and when due under the Lease (without further reimbursement from Seller). Purchaser shall indemnify, defend and hold Seller harmless from and against all claims and demands from third party tenants for relocation, improvement,
refurbishment or other allowances from and after the date of the Closing. The provisions of this Section 12(c) shall survive Closing and the delivery of the Deeds and Assignments, and shall survive the expiration or earlier termination of
this Agreement. 
  

 18 

 (d) Except as otherwise expressly provided in this Section 12, at Closing, Seller
and Purchaser shall not adjust, and Purchaser shall acquire the Closing Properties subject to, all unpaid gas, water, sewer, electric and other utility charges, janitorial costs, landscaping and other exterior maintenance costs, condominium fees,
easement costs, common area maintenance fees, property management fees and other charges and expenses relating to the operation and maintenance of the Closing Properties prior to Closing (any amount so assumed by Purchaser, the “Assumed
Property Costs”). Purchaser shall pay the Assumed Property Costs directly to the person or entity entitled to receive the same as and when the Assumed Property Costs become due and payable; provided that Seller shall indemnify, defend and
hold Purchaser harmless from and against all claims and demands for Assumed Property Costs in excess of Six Million & 00/100 Dollars ($6,000,000.00) for services rendered to or at the Closing Properties prior to the Closing Date, but not for any
services rendered from and after the Closing Date. The provisions of this Section 12(d) shall survive Closing and the delivery of the Deeds and Assignments, and shall survive the expiration or earlier termination of this Agreement.

  
 (e) At Closing, Purchaser shall also
reimburse Seller in the amount of Sixty-Seven Thousand Eight Hundred Twenty-Three & 00/100 Dollars ($67,823.00) for certain costs incurred by Seller in connection with the property located at 100 West Washington Street, Jonesboro, Arkansas.

  
 13. Expenses. 
  
 (a) At Closing and if and only if the subject transaction
closes, Purchaser shall pay the following closing costs (collectively, “Purchaser’s Closing Costs”): 
  
 (i) Phase I Environmental Study expenses for all Properties; 
  
 (ii) all transfer taxes and recording fees as required by applicable law; 
  
 (iii) Survey expenses for all Properties; 
  
 (iv) all costs and expenses of the Measurement; 

 
 (v) all title insurance search fees and insurance
premiums, and all escrow and closing charges of the settlement or closing agent; 
  
 (vi) all structural and physical inspection expenses for all Properties; 
  
 (vii) all recording fees in connection with the conveyances of the Closing Properties; 
  
 (viii) Purchaser’s legal fees and expenses; 

 
 (ix) all appraisal costs; 
  
 (x) all fees and costs of Purchaser’s financing; and

  

 19 

 (xi) miscellaneous expenses incurred by Purchaser. 
  
 (b) At Closing and if and only if the subject transaction
closes, Seller shall pay the following closing costs (collectively, the “Seller’s Closing Costs”): 
  
 (i) real estate brokerage commissions payable to Trammell Crow Corporate Services, Inc. and Jones Lang LaSalle (collectively,
“Seller’s Broker”); 
  
 (ii) all fees and costs paid in connection with the Bank of America Corporate Real Estate Proposed Transaction - Consulting Proposal with J & J Family Investments, LLC; 
  
 (iii) all costs and expenses for any Phase II and Phase III environmental studies, testing and remediation
required in Section 19(d); 
  
 (iv)
Seller’s legal fees and expenses; 
  
 (v)
any recording fees for the satisfaction of any mortgages, liens or judgments affecting any Closing Property; 
  
 (vi) one-half of Purchaser’s Closing Costs described in Sections 13(a)(i) through (vi), inclusive (excluding any costs
or expenses to the extent incurred in connection with any financing obtained by Purchaser); 
  
 (vii) such other of Purchaser’s Closing Costs as are identified by Purchaser at Closing in an amount not to exceed one and one-tenth
percent (1.10%) of the Purchase Price; and 
  
 (viii) miscellaneous expenses incurred by Seller. 
  
 14. Default. 
  
 (a) If
Seller breaches this Agreement prior to or at Closing, the sole liability of Seller shall be and the sole remedy of Purchaser shall be limited to either (i) payment to Purchaser, as liquidated damages, for each Property for which Closing has not
occurred and for which Purchaser has performed some or all of its investigations pursuant to Sections 7 and 19, the sum equal to Purchaser’s actual, reasonable out-of-pocket costs and expenses incurred subsequent for title, survey
and other due diligence reports and evaluations in connection with the Properties, whereupon Purchaser shall deliver to Seller complete copies (with all appendices and exhibits) of all due diligence reports, evaluations, investigations, surveys and
title searches in Purchaser’s possession or control (without representation or warranty and with a disclaimer of reliance), and this Agreement shall become null and void and the parties shall have no further liabilities or obligations
hereunder; or (ii) a suit by Purchaser for specific performance only. 
  
 (b) If Purchaser breaches this Agreement prior to or at any Closing, Seller shall be entitled to terminate this Agreement in its entirety and to receive as liquidated damages the sum of Seller’s actual,
out-of-pocket costs and expenses incurred subsequent to the date of this Agreement (exclusive of attorney’s fees) for due diligence reports and evaluations, and this 

  

 20 

 
Agreement shall become null and void and the parties shall have no further liabilities or obligations hereunder. In addition, Purchaser shall deliver to
Seller complete copies (with all appendices and exhibits) of all due diligence reports, evaluations, investigations, surveys and title searches in Purchaser’s possession or control (without representation or warranty and with a disclaimer of
reliance). The provisions of this subparagraph (b) shall survive the expiration or earlier termination of this Agreement. The parties acknowledge that the aforesaid liquidated damages are reasonable and do not constitute a penalty and are being
agreed upon due to the difficulty of calculating the actual amount of damages that Seller might sustain in the event of a default by Purchaser and termination of this Agreement. 
  
 (c) Notwithstanding anything to the contrary contained in Section 14(a), in the event Seller’s
breach is caused by or arises out of regulatory issues, Seller shall have no liability whatsoever to Purchaser; this Agreement shall become null and void in its entirety, and the parties shall have no further liabilities or obligations hereunder,
except for those obligations which expressly survive the termination of this Agreement. 
  
 15. Risk of Loss. 
  
 (a) If a condemnation proceeding is instituted against a Property or any portion thereof, or if a Property is substantially damaged by fire or other casualty, prior to Closing, Purchaser may terminate this Agreement
with respect to such Property upon ten (10) days written notice to Seller, whereupon the parties shall have no further liabilities or obligations hereunder, except for those obligations which expressly survive the termination of this Agreement. If
Purchaser does not so terminate this Agreement in the case of condemnation or substantial damage by fire or other casualty, or if in the case of fire or other casualty to a Property there is less than substantial damage, then in each of such cases,
this Agreement shall continue to be effective as to all of the Properties, and Seller shall assign to Purchaser at Closing all of Seller’s right to receive any award for such condemnation or insurance proceeds as a result of such damage (as the
case may be), together with all of Seller’s rights to litigate such claim and to negotiate a settlement with the condemning authority or the insurance carrier; provided, however, to the extent Seller self-insures (including a deductible or any
under-insured amount) against a casualty, then the Purchase Price for the affected Property shall be adjusted to reflect a credit in favor of Purchaser for the amount of such under-insured amount. For purposes of this Section 15, a Property
shall be deemed to have been “substantially damaged” if such damage occurs at a Property that Seller is responsible to restore and such restoration either will require more than one-hundred twenty (120) days to complete or will cost in
excess of twenty-five percent (25%) of such Property’s purchase price equivalent which is arrived at by multiplying the Agreed Upon Percentage for such Property times the Purchase Price. Seller agrees to maintain its current property insurance
policies, if any, on the Properties during the pendency of this Agreement. 
  
 (b) Purchaser acknowledges that Seller has advised it that, as of the date hereof, certain of the Properties as identified on Exhibit T hereto are the subject of pending condemnation actions (collectively, the
“Pending Condemnations”). Purchase agrees that, Seller, and not Purchaser, shall be entitled to retain any awards resulting from a successful prosecution or settlement of the Pending Condemnations. In the event that Purchaser
receives any such award 

  

 21 

 
directly from the affected condemning authority, Purchaser shall promptly pay to Seller (or credit Seller under the Master Lease Agreement) any amounts so
received by Purchaser on Seller’s behalf. 
  
 16.
Brokers. Each party represents and warrants to the other that it has not dealt with any real estate broker, agent or finder in connection with this Agreement, other than Seller’s Broker. The parties agree to indemnify and hold
one another harmless based upon their actions and dealings from any claims or causes of action concerning brokerage or finder’s fees or commissions. If any claim against Seller is asserted by any person, firm or corporation claiming a
commission and/or finder’s fee with respect to the transactions contemplated by this Agreement, and resulting from any act, representation or promise of Purchaser, Purchaser shall indemnify, defend and save harmless Seller from such claim
resulting from any act, representation or promise of Purchaser. If any claim against Purchaser is asserted by any person, firm or corporation claiming a commission and/or a finder’s fee with respect to the transactions contemplated by this
Agreement, and resulting from any act, representation or promise of Seller, Seller shall indemnify, defend and save harmless Purchaser from such claim resulting form any act, representation or promise of Seller. The terms of this Section 16
shall survive Closing and the delivery of the Deeds and Assignments, and shall survive the expiration or earlier termination of this Agreement. 
  
 17. Properties “AS-IS.” Purchaser either (a) has heretofore inspected each of the Properties, or caused an inspection thereof to
be made on Purchaser’s behalf, or (b) will have done so prior to the end of the Due Diligence Period or (c) will have waived its right to do so as hereinbelow set forth, so that, by the end of the Due Diligence Period, Purchaser shall be (or
shall have had the opportunity to become) acquainted with the condition of the Properties and the improvements located therein. Purchaser agrees to take the Properties “AS-IS,” “WHERE-IS,” and in their present condition, subject
to reasonable use, wear and tear, and (subject to Section 15 above) damage by fire and other casualties, and (subject to Section 16 above) due to a taking by condemnation or eminent domain, between February 28, 2003 and the Closing
Date. Until the Closing, Seller agrees to maintain each Property in its present condition, reasonable wear and tear excepted. The provisions of this Section 17 shall survive Closing and the delivery of the Deeds and Assignments, and shall
survive the expiration or earlier termination of this Agreement. 
  
 18. Disclaimer. 
  
 (a) PURCHASER ACKNOWLEDGES AND AGREES THAT SELLER HAS NOT MADE, DOES NOT MAKE AND SPECIFICALLY NEGATES AND DISCLAIMS ANY REPRESENTATIONS, WARRANTIES (OTHER THAN THE WARRANTY OF TITLE AS SET OUT IN THE DEED), PROMISES, COVENANTS, AGREEMENTS
OR GUARANTIES OF ANY KIND OR CHARACTER WHATSOEVER, WHETHER EXPRESS OR IMPLIED, ORAL OR WRITTEN, PAST, PRESENT OR FUTURE, OF, AS TO, CONCERNING OR WITH RESPECT TO (A) THE NATURE, QUALITY OR CONDITION OF ANY OF THE PROPERTIES, INCLUDING, WITHOUT
LIMITATION, THE WATER, SOIL AND GEOLOGY; (B) THE INCOME TO BE DERIVED FROM ANY OF THE PROPERTIES; (C) THE SUITABILITY OF ANY OF THE PROPERTIES FOR ANY AND ALL ACTIVITIES AND USES WHICH PURCHASER OR ANYONE ELSE MAY CONDUCT THEREON; (D) THE COMPLIANCE
OF OR BY ANY OF THE PROPERTIES OR THEIR OPERATION WITH ANY LAWS, RULES, ORDINANCES OR REGULATIONS OF ANY APPLICABLE 

  

 22 

 
GOVERNMENTAL AUTHORITY OR BODY; (E) THE HABITABILITY, MERCHANTABILITY, MARKETABILITY, PROFITABILITY OR FITNESS FOR A PARTICULAR PURPOSE OF ANY OR THE
PROPERTIES; (F) THE MANNER OR QUALITY OF THE CONSTRUCTION OR MATERIALS, IF ANY, INCORPORATED INTO ANY OF THE PROPERTIES; (G) THE MANNER, QUALITY, STATE OF REPAIR OR LACK OF REPAIR OF ANY OF THE PROPERTIES; OR (H) ANY OTHER MATTER WITH RESPECT TO ANY
OF THE PROPERTIES, AND SPECIFICALLY, THAT SELLER HAS NOT MADE, DOES NOT MAKE AND SPECIFICALLY DISCLAIMS ANY REPRESENTATIONS REGARDING COMPLIANCE WITH ANY ENVIRONMENTAL PROTECTION, POLLUTION, ZONING OR LAND USE LAWS, RULES, REGULATIONS, ORDERS OR
REQUIREMENTS, INCLUDING THE EXISTENCE IN OR ON ANY OF THE PROPERTIES OF HAZARDOUS MATERIALS. PURCHASER FURTHER ACKNOWLEDGES AND AGREES THAT, HAVING BEEN GIVEN THE OPPORTUNITY TO INSPECT EACH PROPERTY, PURCHASER IS RELYING SOLELY ON ITS OWN
INVESTIGATION OF EACH PROPERTY AND NOT ON ANY INFORMATION PROVIDED OR TO BE PROVIDED BY SELLER. SELLER IS NOT LIABLE OR BOUND IN ANY MANNER BY ANY VERBAL OR WRITTEN STATEMENTS, REPRESENTATIONS OR INFORMATION PERTAINING TO ANY OF THE PROPERTIES, OR
THE OPERATION THEREOF, FURNISHED BY ANY AGENT, EMPLOYEE, SERVANT OR OTHER PERSON. PURCHASER FURTHER ACKNOWLEDGES AND AGREES THAT TO THE MAXIMUM EXTENT PERMITTED BY LAW, THE SALE OF PROPERTIES AS PROVIDED FOR HEREIN IS MADE ON AN “AS IS”
CONDITION AND BASIS WITH ALL FAULTS. ALL PROVISIONS OF THIS ARTICLE SHALL SURVIVE CLOSING OR THE EXPIRATION OR EARLIER TERMINATION OF THIS AGREEMENT WITHOUT CLOSING, AS APPLICABLE. 
  
 (b) “Hazardous Materials” shall mean any substance which is or contains (i) any
“hazardous substance” as now or hereafter defined in the Comprehensive Environmental Response, Compensation, and Liability Act of 1980, as amended (42 U.S.C. §9601 et. seq.) (“CERCLA”) or any regulations promulgated
under or pursuant to CERCLA; (ii) any “hazardous waste” as now or hereafter defined in the Resource Conservation and Recovery Act, as amended (42 U.S.C. § 6901 et seq.) (“RCRA”) or regulations promulgated under or
pursuant to RCRA; (iii) any substance regulated by the Toxic Substances Control Act, as amended (15 U.S.C. § 2601 et seq.); (iv) gasoline, diesel fuel, or other petroleum hydrocarbons; (v) asbestos and asbestos containing materials, in any
form, whether friable or non-friable; (vi) polychlorinated biphenyls; (vii) radon gas; and (viii) any additional substances or materials which are now or hereafter classified or considered to be hazardous or toxic under Environmental Requirements or
the common law, or any other applicable laws relating to each Property. Hazardous Materials shall include, without limitation, any substance, the presence of which on each Property, (A) requires reporting, investigation or remediation under
Environmental Requirements; (B) causes or threatens to cause a nuisance on the Property or adjacent property or poses or threatens to pose a hazard to the health or safety of persons on the Property or adjacent property; or (C) which, if it emanated
or migrated from the Property, could constitute a trespass. 
  
 (c) “Environmental Requirements” shall mean all laws, ordinances, statutes, codes, rules, regulations, agreements, judgments, orders, and decrees, now or hereafter enacted, promulgated, or amended, of
the United States, the states, the counties, the cities, or any other political subdivisions in which the Property is located, and any other political subdivision, agency or 

  

 23 

 
instrumentality exercising jurisdiction over the owner of the Property, the Property or the use of the Property, relating to pollution, the protection or
regulation of human health, natural resources, or the environment, or the emission, discharge, release or threatened release of pollutants, contaminants, chemicals, or industrial, toxic or hazardous substances or waste or Hazardous Materials into
the environment (including, without limitation, ambient air, surface, water, ground water or soil). 
  
 (d) Purchaser acknowledges that, subject to the termination rights set forth in Section 19(c), Purchaser shall accept all
Properties (including all improvements located thereon) at Closing in their AS IS physical condition WITH ALL FAULTS, including, without limitation, with the presence of Hazardous Materials thereon or therein. Purchaser, on behalf of itself and its
successors and assigns, hereby waives, releases, acquits and forever discharges Seller its current and former officers, directors, shareholders, employees, agents, attorneys, representatives, and any other persons acting on behalf of Seller and the
successors and assigns of any of the preceding, of and from any and all claims, actions, causes of action, demands, rights, damages, costs, expenses or compensation whatsoever, direct and indirect, known or unknown, foreseen or unforeseen, which
Purchaser or its successors or assigns now has or which may arise in the future on account of or in any way related to or in connection with any past, present, or future physical characteristic or condition of each Property or the improvements
thereon, including, without limitation, any Hazardous Materials in, at, on, under or related to the Property or the improvements thereon or any violation or potential violation of any Environmental Requirement applicable thereto and further
including, without limitation, any claim for contribution or indemnification arising under any Environmental Requirements, common law or otherwise. Notwithstanding anything to the contrary set forth herein, this release shall survive Closing and the
delivery of the Deeds and Assignments, and shall survive the expiration or earlier termination of this Agreement. 
  
 This release includes claims of which Purchaser is presently unaware or which Purchaser does not presently suspect to exist which, if known by Purchaser, would materially
affect Purchaser’s release to Seller. Purchaser specifically waives the provision of California Civil Code Section 1542, which provides as follows: 
  
 “A general release does not extend to claims which the creditor 
 does not know or suspect to exist in his favor at the time of 
 executing the release, which if known by him
must have materially 
 affected the settlement with the debtor.” 
  
 (e) The provisions of this Section 18 shall survive Closing and the delivery of the Deeds and
Assignments, and shall survive the expiration or earlier termination of this Agreement. 
  

 24 

 19. Due Diligence Period; Purchaser’s Access to Properties. The obligations of
Seller and Purchaser under this Agreement shall be subject to and contingent upon timely satisfaction of the following conditions, which conditions, if not satisfied or waived as hereinafter provided, shall entitle Seller or Purchaser, as the case
may be, to terminate this Agreement in accordance with (and within the time periods set forth in) this Section 19: 
  
 (a) Access. During the Due Diligence Period, Purchaser shall be granted access to each of the Properties in order to perform such
due diligence review and analysis of the Properties as Purchaser deems necessary including, without limitation, to investigate, review, measure, survey and physically inspect each Property, including, without limitation, the structural and building
elements of each Property, to obtain a title search and survey, to conduct Phase I environmental studies and engineering studies of each Property as described below, to review the Leases being assigned to Purchaser and other documents requested by
Purchaser in Section 19(g) below (collectively, the “Due Diligence Inspections”). All Due Diligence Inspections of the Properties shall be scheduled at times mutually convenient to Seller and Purchaser upon not less than
three (3) prior business days’ notice to Seller, which notice shall identify the nature of the investigation to be performed at each Property, when Purchaser desires the investigations to occur and the person or entity engaged by Purchaser to
perform the investigation. 
  
 (b) Insurance
and Indemnity. During the Due Diligence Period for each Property, as same may be extended with respect to such Property pursuant to Sections 19(d) hereof, Purchaser, its employees and agents, at Purchaser’s sole cost and expense,
shall have the right to enter upon such Property to conduct the Due Diligence Inspections. Purchaser shall give Seller at least 48 hours prior written notice of its desire to enter upon the Property and shall coordinate such entry and Due Diligence
Inspections with Seller so that the entry is at a mutually convenient time. Purchaser shall conduct the Due Diligence Inspections in a manner which shall not interfere with Seller’s business operations on the Property and notwithstanding
anything to the contrary contained in this Agreement, Purchaser shall not be permitted entry into any vaults, safes, or other areas of the Buildings containing confidential or secure property of Seller. Prior to Purchaser’s start of the Due
Diligence Inspections, Purchaser shall provide certificates of insurance to Seller evidencing liability insurance in the minimum amount of $2,000,000.00 combined per occurrence limit carried by Purchaser and/or Purchaser’s agents in order to
insure any loss arising out of or in connection with entry upon the Property. The aforesaid insurance shall be issued by an insurance company licensed in the state where the Property is located and said insurance company shall be reasonably
acceptable to Seller. Upon completion of the Due Diligence Inspections, Purchaser, shall restore the Property to the condition in which it existed prior to the Due Diligence Inspections. Purchaser shall and hereby does indemnify, defend, and save
harmless Seller from and against any and all claims arising out of the entry on and inspection of each and every Property by Purchaser and/or Purchaser’s employees and agents, including, without limitation, Seller’s reasonable
attorneys’ fees and costs. Notwithstanding anything contained in this Agreement to the contrary, the terms of this subsection shall survive Closing and the delivery of the Deeds and Assignments, and shall survive the expiration or earlier
termination of this Agreement. 
  
 (c)
Physical Inspection/Diligence Review. During the Due Diligence Period for each Property, Purchaser may, at its sole cost and expense, review the documents requested in Section 19(g) (“Seller’s Documentation”) and
the physical and environmental condition of the Land and Improvements. Purchaser shall have until the end of the Due Diligence Period to disapprove of the Seller’s Documentation and/or the physical and environmental condition of the Properties
and to terminate this Agreement by delivering a written notice (a “Termination Notice”) to Seller on or before the expiration of the Due Diligence Period, with time being of the essence with respect to Purchaser’s obligation to
deliver such notice. If for any reason whatsoever Purchaser determines, in its sole discretion, that the Properties, the Seller’s 

  

 25 

 
Documentation or any aspect thereof is unsuitable for Purchaser’s acquisition, Purchaser shall have the right to terminate this Agreement by delivering
said Termination Notice to Seller prior to the expiration of the Due Diligence Period, and if Purchaser gives such notice of termination within the Due Diligence Period, this Agreement shall terminate. If Seller does not receive a Termination Notice
from Purchaser before the end of the Due Diligence Period, with time being of the essence, Purchaser shall be deemed to have approved of the Seller’s Documentation and the physical and environmental condition of the Properties and all other
matters relating thereto. 
  
 (d)
Environmental Inspection. Prior to the expiration of the Due Diligence Period, if Purchaser’s environmental consultant, based on records and other documentation obtained during its Phase I environmental investigation (“Phase I
Study”), determines that a Phase II environmental study (“Phase II Study”) is necessary with respect to a Property, Purchaser shall give to Seller written notice thereof, together with a complete copy of the Phase I Study
and a reasonably detailed explanation of the reasons therefor from Purchaser’s environmental consultant. Within ten (10) days after receipt of such notice, Seller, at its sole election, shall either (i) obtain the Phase II Study at
Seller’s sole cost and expense, (ii) permit Purchaser to obtain a Phase II Study at Seller’s sole cost and expense, which shall be conducted by an environmental consultant satisfactory to Seller in its reasonable judgment pursuant to a
scope of study satisfactory to Seller in its reasonable judgment; or (iii) withdraw the Closed Property from this Agreement, and in the latter event, this Agreement shall terminate and be null and void as to such withdrawn Property, but shall
continue in full force and effect as to the remaining Properties. Unless Seller notifies Purchaser during such ten-day period of Seller’s election to obtain (or to permit Purchaser to obtain) a Phase II Study, Seller shall be deemed to have
elected to withdraw the Property from this Agreement as expressed in clause (iii) above. If Seller or Purchaser obtains a Phase II Study for such Property, as provided above, and if the Phase II Study identifies one or more environmental conditions
requiring remediation (“Remediation Conditions”), then, within ten (10) days after Seller delivers the Phase II Study to Purchaser, or Purchaser delivers the Phase II Study to Seller, as applicable, Seller, at its sole election,
shall either (A) agree to remediate and abate the Remediation Condition(s) at Seller’s sole cost and expense in conformity with all applicable Environmental Requirements or (B) withdraw the Property from this Agreement, and in the latter event,
this Agreement shall terminate and be null and void as to such withdrawn Property, but shall continue in full force and effect as to the remaining Properties. Unless Seller notifies Purchaser during such ten-day period of Seller’s election to
remediate and abate the disclosed environmental condition(s), Seller shall be deemed to have elected to withdraw the Property from this Agreement as expressed in clause (B) above. Unless the Property is withdrawn from this Agreement by Seller as
aforesaid, the Due Diligence Period and Closing automatically shall be extended for such time as is necessary for Seller or Purchaser, as applicable, to complete the environmental investigations and remediations described above. In the event of a
withdrawal of a Property pursuant to this subparagraph or a termination of this Agreement as provided herein as to such Property, Seller shall reimburse Purchaser for all out-of-pocket expenses incurred by Purchaser in connection with the Due
Diligence Inspections for such Property. 
  
 (e)
Due Diligence Indemnity. If Seller elects to remediate and abate the Remediation Conditions pursuant to clause (d)(i) above or Seller has been unable to cure, remove or otherwise satisfy an Objection raised during Purchaser’s review of
title and survey for each Property (collectively, a “Due Diligence Objection”) and such remediation, abatement, cure or satisfaction of 

  

 26 

 
the Due Diligence Objection shall extend beyond the Closing Date, Seller, at Seller’s sole option, may indemnify, defend and protect Purchaser against
any claims, costs, judgments, actions, liability, and expense, including, without limitation, reasonable attorney’s fees and costs arising from or in connection with the Seller’s actions to remediate, abate, cure, remove, or satisfy the
Due Diligence Objection (the “Due Diligence Indemnity”). If Seller provides Purchaser with a Due Diligence Indemnity for a Property, Seller shall be deemed to have satisfied such uncured Due Diligence Objections and the Property or
Properties shall be ready for Closing pursuant to Section 6 above. 
  
 (f) Measurement. Purchaser shall retain a consultant or firm reasonably acceptable to Seller, which approval shall not be unreasonably conditioned or delayed to measure the rentable square footage of each
Building (the “Measurement”). The Measurement shall be conducted in accordance with the Z65.1 Standard Method for Measuring Floor Area in Office Buildings promulgated and issued by the Building Owners and Managers Association (the
“BOMA Standard”). All cost and expense of the Measurement shall be paid by Purchaser, provided that if Closing does not occur on a Property for which Measurement costs have been incurred, such costs shall be paid by the party
responsible for such Closing not to occur. The results of the Measurement shall be delivered to Purchaser and Seller within ten (10) days following completion thereof and, in any event, Measurements for all Properties shall be completed in the
manner specified in the Master Lease Agreement. The Measurement shall be binding on Seller and Purchaser, unless within thirty (30) days following receipt of the Measurement by both parties, either Seller or Purchaser delivers written notice to the
other party specifying deviations from the BOMA Standard, in which event, the consultant shall be instructed to revise the results of the Measurement to comply with the BOMA Standard and such revision shall be binding on Seller and Purchaser. The
foregoing provisions of this Section 19(f) shall survive Closing and the delivery of the Deeds and Assignments, and shall survive the expiration or earlier termination of this Agreement. 
  
 (g) Seller’s Document Deliveries. Seller has
made available to Purchaser at the location or locations where such documents are kept in the ordinary course of Seller’s business for inspection and copying at Purchaser’s expense all of the following documents: 
  
 (i) copies of (A) all existing and pending Leases, lease
files and tenant correspondence, (B) tenant financial statements, (C) a schedule of outstanding leasing commission on a space by space basis, and (D) any bonds, guaranties or letters of credit provided in lieu of a cash security deposit; 

 
 (ii) all income and expense statements, year-end
financial monthly operating statements and year to dated statements for the Properties for the three (3) most recent calendar years prior to Closing and, to the extent available, the current year, all of which shall be certified by Seller as true
and correct to the best of Seller’s Knowledge; 
  
 (iii) to the extent available, a copy of the budget for each Property for the current year; 
  
 (iv) a detailed summary of any litigation, investigation or proceeding that is pending or threatened in writing against a Property,
against the Seller related to a Property or being prosecuted by Seller with respect to a Property; 
  

 27 

 (v) copies of any and all existing and proposed easements, covenants, restrictions,
agreements or other documents which affect title to a Property and which are not recorded or otherwise of record and in Seller’s possession; and 
  
 (vi) copies of all leasing and brokerage agreements pursuant to which commissions remain owing or are anticipated to become owing after
the Closing Date. 
  
 20. Notices and Assessments;
Tax Appeals. 
  
 (a) Seller shall
(i) comply with the requirements of any and all notices relating to each Property which may be issued by municipal or other public authorities prior to the Closing Date and (ii) pay for all work and improvements done or ordered to be done prior to
the Closing Date by any such authority. If Closing takes place as to such Property, all other requirements and notices shall be complied with by Purchaser and all other work or improvements done or ordered done shall be performed and paid for
Purchaser. 
  
 (b) Seller agrees that from and
after Seller’s execution of this Agreement that Seller will not file any real estate tax assessment appeal with respect to any Property prior to Closing on such Property without Purchaser’s prior written consent. 
  
 (c) Purchaser acknowledges that Seller has advised it that,
as of the date hereof, certain of the Properties as identified on Exhibit U hereto are the subject of pending tax assessment appeals (collectively, the “Pending Tax Appeals”) for tax years occurring, in whole or in part,
prior to the Closing Date. Purchase agrees that Seller at Seller’s sole cost and expense, may continue to prosecute to settlement or completion, as Seller may elect, any and all of the Pending Tax Appeals, and that Seller, and not Purchaser,
shall be entitled to retain any refunds or credits resulting from a successful prosecution or settlement of the Pending Tax Appeals, but only to the extend relating to periods occurring prior to the Closing Date. In the event that Purchaser receives
any such refund or credit directly from the affected taxing authority, Purchaser shall promptly pay to Seller (or credit Seller under the Master Lease Agreement) any amounts so received by Purchaser on Seller’s behalf. 
  
 21. Notices. All notices hereunder shall be in
writing and shall be deemed to have been properly given if personally delivered, sent via facsimile or sent by private overnight express carrier, such as Federal Express, next business day delivery, charges prepaid, addressed to Seller at Bank of
America, 100 North Tryon Street, Suite 5210, NC1-007-52-02, Charlotte, NC 28255, Attention: Robert M. Patterson, facsimile number (704) 386-0372; with a copy to Bank of America, N.A., 901 Main Street, TX1-492-68-01, Dallas, TX 75202, Attention:
Michael F. Hord, Esquire, facsimile number (214) 209-0871; and addressed to Purchaser at 1725 The Fairway, Jenkintown, PA 19046, Attention: Mr. Nicholas S. Schorsch, facsimile number (215) 887-2585; with a copy to Morgan, Lewis Bockius LLP, 1701
Market Street, Philadelphia, PA 19103, Attention: Eric L. Stern, Esquire, facsimile number (215) 963-5001. Notices by the parties may be given on their behalf by their respective counsel. Notice shall be deemed to have been given upon the date of
delivery, if personally delivered, or sent via facsimile or one business day after the date of deposit if sent by private overnight express carrier, next business day delivery. 
  

 28 

 22. No Survival. Except as otherwise provided, none of the provisions of this
Agreement shall survive Closing and the delivery of the Deeds and Assignments, and shall survive the expiration or earlier termination of this Agreement. 
  
 23. Further Assurances. From time to time and at the request of either Seller or Purchaser (whether before, at or after the
Closing), the other party shall execute, acknowledge and deliver such other and further documents as the requesting party may reasonably request to effectuate the provisions of this Agreement. The provisions of this Section 23 shall survive
Closing and the delivery of the Deeds and Assignments, and shall survive the expiration or earlier termination of this Agreement. 
  
 24. Estoppel Certificates; SNDA. 
  
 (a) At Closing, Seller shall, as tenant under the Master Lease Agreement, execute and deliver to Purchaser and Purchaser’s lender, a
tenant estoppel in substantially the form attached as Exhibit K hereto (“Tenant Estoppel”). Within ten (10) days of Purchaser’s receipt of the Rent Roll, Seller shall deliver a Tenant Estoppel to those tenants listed on
the Rent Roll. Seller shall use commercially reasonable efforts to obtain and deliver to Purchaser and Purchaser’s lender during the Due Diligence Period, Tenant Estoppels executed by at least fifty-one percent (51%) of the tenants under the
Leases (excluding the Master Lease Agreement), provided that (i) Seller shall obtain and deliver to Purchaser and Purchaser’s lender (or give a Seller Estoppel in connection with) at least one Tenant Estoppel from a third party tenants in each
Closing Property that contains third-party tenant, (ii) Seller shall obtain and deliver to Purchaser and Purchaser’s lender (or give a Seller estoppel in connection with) all third party Leases covering 50,000 or more rentable square feet and
(iii) the fifty-one percent (51%) shall be calculated on the basis of number of Leases or rentable square feet occupied at each Building that has third party Leases, whichever is greater. Seller shall use commercially reasonable efforts after the
Closing of each Closing Property as a post-closing obligation to obtain the required number of Tenant Estoppels for each Closing Property. If by the Closing Date, Seller is unable to deliver the requisite number of Tenant Estoppels to Purchaser and
Purchaser’s lender, Seller shall deliver to Purchaser an estoppel certificate dated as of the Closing Date certifying to the best of Seller’s knowledge after due inquiry and investigation the matters set forth in the Tenant Estoppel. The
phrase “commercially reasonable efforts” as used in this Section does not require Seller to declare a default or terminate any of the Leases or initiate any litigation to compel the delivery of a Tenant Estoppel. 

 
 (b) Seller, as tenant under the Master Lease Agreement,
Purchaser, and Purchaser’s lender, shall execute and deliver to each other at Closing a Subordination, Non-Disturbance and Attornment Agreement for the Master Lease Agreement and any amendment thereto in the form reasonably agreed to by Seller,
Purchaser, and Purchaser’s lender (“SNDA”). Purchaser shall obtain the execution of each SNDA by Purchaser’s lender and deliver the same to Seller at Closing. 
  

 29 

 25. Miscellaneous. 
  
 (a) This Agreement shall not be recorded in the office for the recording of deeds or in any other office or
place of public record. Prior to Closing, this Agreement shall not be deemed or construed to give Purchaser any equitable ownership of, or title to, any Property. 
  
 (b) This Agreement and the exhibits attached hereto contain the entire agreement between Seller and
Purchaser and there are no other terms, obligations, covenants, representations, statements or conditions, oral or otherwise, of any kind or nature whatsoever. This Agreement may be modified only by an agreement in writing between the parties
hereto. 
  
 (c) This Agreement shall be binding
upon and inure to the benefit of the parties hereto and their respective heirs, personal and legal representatives, successors and permitted assigns; provided, however, that Purchaser shall not assign or otherwise transfer this Agreement without the
prior written consent of Seller, which Seller may grant or deny in its sole discretion. Notwithstanding anything to the contrary in the preceding sentence, Purchaser may, without Seller’s prior consent, (i) assign Purchaser’s rights to
acquire all of the Closing Properties to FSI 5200 and (ii) assign Purchaser’s rights to acquire Closing Properties for which Seller’s Occupancy Percentage is twenty-five percent (25%) or less to one or more other wholly-owned Affiliates of
Purchaser. In such event, Purchaser shall give written notice of the assignment to Seller at least one (1) business day prior to the Closing Date, which notice shall be accompanied by evidence reasonably satisfactory to Seller of the relationship
between Purchaser and such Affiliate. In no event shall any assignment of this Agreement relieve Purchaser named herein from liability hereunder. 
  
 (d) This Agreement shall be governed and construed in accordance with the laws of the State of North Carolina. 
  
 (e) Whenever in this Agreement a period of time is stated as
a number of days, it shall be construed to mean calendar days; provided, however, that when any period of time so stated would end upon a Saturday, Sunday, or legal holiday, such period shall be deemed to end upon the next day following which is not
a Saturday, Sunday or legal holiday. 
  
 (f) The
date and time for the performance of all obligations hereunder shall be deemed to be of the essence of this Agreement. 
  
 (g) If any term or provision of this Agreement shall, to any extent, be invalid or unenforceable, the remainder of this Agreement shall
not be affected and each such remaining provision of this Agreement shall be valid and enforceable to the fullest extent permitted by law. 
  
 (h) This Agreement may be executed in two or more counterparts, each of which shall be deemed to be an original, but all of which taken
together shall constitute one and the same instrument. The date of this Agreement shall be the date of Seller’s execution hereof. 
  
 26. Purchaser’s Representations. Purchaser (and, if applicable, Purchaser’s Affiliate) represents to Seller, which
representations shall be true, correct and complete as of the Closing Date and which shall survive Closing, as follows: 
  
 (a) Purchaser is, and at the Closing shall be, a corporation (or limited liability company, or limited partnership, as applicable) duly
organized, validly existing, and in good 

  

 30 

 
standing under the laws of the state of formation, with full power and authority to conduct its business affairs each state where the Properties are located.

  
 (b) The execution, delivery and performance
of this Agreement, in accordance with its terms, do not violate Purchaser’s articles of incorporation, by-laws, or any contract, agreement, commitment, order, judgment or decree to which Purchaser is a party or by which it is bound. 

 
 (c) The execution and delivery of this Agreement and the
performance by Purchaser of its obligations hereunder have been duly authorized by all required action of Purchaser and the officers of Purchaser in full compliance with the provisions of Purchaser’s articles of incorporation and by-laws. The
person executing this Agreement on behalf of Purchaser is duly authorized to do so. 
  
 (d) Purchaser has the right, power and authority to make and perform its obligations under this Agreement and this Agreement is a valid
and binding obligation of Purchaser enforceable against Purchaser in accordance with its terms. 
  
 27. Seller’s Representations. Seller represents to Purchaser, which representations shall be true, correct and complete
as of the Closing Date hereunder and which shall survive the Closing, as follows: 
  
 (a) Seller is, and at the Closing shall be, a national banking association, duly organized and validly existing, with full power and
authority to conduct its business affairs in each state where the Properties are located. 
  
 (b) The execution, delivery and performance of this Agreement by Seller, in accordance with its terms, do not violate Seller’s
articles of incorporation, by-laws, or any contract, agreement, commitment, order, judgment or decree to which Seller is a party or by which it is bound. 
  
 (c) The execution and delivery of this Agreement and the performance by Seller of its obligations hereunder have been duly authorized by
all required action of Seller and the officers of Seller in full compliance with the provisions of Seller’s articles of incorporation and by-laws. The person executing this Agreement on behalf of Seller is duly authorized to do so. 

 
 (d) Seller has the right, power and authority to make and
perform its obligations under this Agreement and this Agreement is a valid and binding obligation of Seller enforceable against Seller in accordance with its terms. 
  
 28. Indemnification. With respect to and following the Closing on the Closing Properties: 

 
 (a) Purchaser shall indemnify and hold Seller harmless
from and against all claims, lawsuits, costs (including reasonable counsel fees), losses, damages and liabilities that arise out of or relate to (i) the presence of any Hazardous Materials in, on or at a Closing Property (or any improvements) at the
time of Closing, but only to the extent that the presence of such Hazardous 

  

 31 

 
Materials were disclosed in a Phase I Study or Phase II Study obtained by Purchaser, (ii) transactions or operations at a Closing Property on and after the
Closing Date or (iii) any breach by Purchaser of any representation, warranty or covenant of Purchaser contained in this Agreement that survives the Closing. If any claim or lawsuit is made or commenced as to which Seller proposes to demand such
indemnification, it shall notify Purchaser with reasonable promptness; provided, however, that any failure of Seller to notify Purchaser shall not relieve Purchaser from its obligations hereunder, except to the extent Purchaser is actually
prejudiced by such failure to give notice. Purchaser shall have the option of defending such claim or lawsuit with counsel of its own choosing at its own cost and expense and such counsel shall, to the extent consistent with its professional
responsibilities, cooperate with Seller and any counsel designated by Seller. Purchaser shall be liable for any settlement of any claim or lawsuit against Seller made with Purchaser’s written consent, which consent shall not be unreasonably
withheld. 
  
 (b) Seller shall indemnify and hold
Purchaser harmless from and against all claims, lawsuits, costs (including reasonable counsel fees), losses, damages and liabilities that arise out of or relate to (i) transactions or operations at a Closing Property before the Closing Date, but
specifically excluding any matter relating to the physical condition of a Closing Property or the presence of any Hazardous Materials in, on or at a Closing Property (or any improvements) at the time of Closing, and (ii) any breach by Seller of any
representation, warranty or covenant of Seller contained in this Agreement that survives the Closing. If any claim or lawsuit is made or commenced as to which Purchaser proposes to demand such indemnification, it shall notify Seller with reasonable
promptness; provided, however, that any failure of Purchaser to notify Seller shall not relieve Seller from its obligations hereunder, except to the extent that Seller is actually prejudiced by such failure to give notice. Seller shall have the
option of defending such claim or lawsuit with counsel of its own choosing at its own cost and expense and such counsel shall, to the extent consistent with its professional responsibilities, cooperate with Purchaser and any counsel designated by
Purchaser. Seller shall be liable for any settlement of any claim or lawsuit against Purchaser made with Seller’s written consent, which consent shall not be unreasonably withheld. 
  
 (c) The provisions of this Section 28 shall survive Closing and the delivery of the Deeds and
Assignments, and shall survive the expiration or earlier termination of this Agreement. 
  
 29. Marketing. 
  
 (a) Seller acknowledges and agrees that the terms of this Agreement shall be included in Purchaser’s filings with the Securities and Exchange Commission (“SEC”) and shall be available for review
by the public, including access through the SEC’s EDGAR internet search engine and document retrieval system. Seller authorizes Purchaser to release, distribute, and discuss the terms and conditions of this Agreement as set forth in this
Section 29(a) without need for Seller’s prior consent or approval. 
  
 (b) Purchaser may at any time prior to Closing market space in the Properties not covered by the Master Lease Agreement or otherwise
occupied by Seller or any third-party tenant, to Purchaser’s contacts (including existing tenants occupying space in a Property and persons who Purchaser believes may be interested in using such Property and persons, including 

  

 32 

 
brokers, who may have contacts and relationships with such users), but in doing so, shall not publicly market or advertise or promote in any manner the
availability of such Property for sale, lease or other disposition. 
  
 30. No Offer. This Agreement shall neither be deemed an offer to sell nor shall it bind, obligate or be effective against Seller unless and until (a) the Agreement has been approved in writing by Seller’s
appropriate management authority and (b) this Agreement has been fully executed by Seller and Purchaser and an executed copy is delivered to Seller. 
  
 31. No Liability. No individual officers, directors, shareholders, agents or representatives of Seller or of Purchaser shall
have any personal liability under this Agreement, either for the observance or performance of such party’s rights, duties or obligations hereunder, or for the default of such party to observe and perform its obligations hereunder, or under any
document executed in connection with the transactions contemplated hereby, or otherwise. 
  
 32. Radon Notice. RADON IS A NATURALLY OCCURRING RADIOACTIVE GAS THAT, WHEN IT HAS ACCUMULATED IN A BUILDING IN SUFFICIENT QUANTITIES, MAY PRESENT HEALTH RISKS TO PERSONS WHO ARE EXPOSED TO
IT OVER TIME. LEVELS OF RADON THAT EXCEED FEDERAL AND STATE GUIDELINES HAVE BEEN FOUND IN BUILDINGS IN FLORIDA. ADDITIONAL INFORMATION REGARDING RADON AND RADON TESTING MAY BE OBTAINED FROM YOUR COUNTY PUBLIC HEALTH UNIT. 
  
 33. Property Audits. Promptly following the date
hereof, Seller shall engage (or sign a representation letter to permit Purchaser to engage) Price Waterhouse Coopers LLP, Seller’s independent, outside accounting firm, to prepare, at Purchaser’s sole cost and expense, in conformity with
the requirements of Rule 3-14 of Regulations S-X promulgated by the SEC, a combined statement of revenues and certain expenses relating to the operation of the Properties for (i) the calendar year ending December 31, 2003 and (ii) the calendar
quarter ending June 30, 2004 (collectively, the “Property Audits”). Promptly following Purchaser’s reasonable request therefor, Seller shall cause (or permit Purchaser to cause) Price Waterhouse Coopers LLP to update the
Property Audits, at Purchaser’s sole cost and expense, through the end of the calendar quarter preceding the calendar quarter in which the Closing occurs. Purchaser acknowledges that Seller’s agreement to facilitate the Property Audits as
herein provided is being made strictly as an accommodation to Purchaser, without representation or warranty of any kind to or for the benefit to Purchaser. 
  
 34. Capital Work. Seller acknowledges that the Purchase Price includes the cost, as reasonable estimated by Seller, to
complete certain capital repairs, replacements and improvements at certain of the Properties (collectively, the “Capital Work”) and that Seller may not complete construction of all of the Capital Work prior to Closing. At Closing,
Seller shall deliver to Purchaser a schedule of all incomplete Capital Work (collectively, the “Incomplete Capital Work”), which Seller and Purchaser shall append as Exhibit S hereto. As expeditiously as practicable following
Closing, Seller shall complete all Incomplete Capital Work in a good and workmanlike manner at Seller’s sole cost and expense. The provisions of this Section 34 

  

 33 

 
shall survive Closing and the delivery of the Deeds and Assignments, and shall survive the expiration or earlier termination of this Agreement. 

 
 35. Linked Properties. Exhibit V hereto
contains a schedule wherein certain Properties are paired or grouped with one or more other Properties. Each such Property is hereinafter referred to as a “Linked Property”. If either party hereto terminates this Agreement as to a
Linked Property, this Agreement shall automatically terminate as to the Property or Properties with which the Linked Property is paired or grouped. Upon the termination of this Agreement as to Linked Properties, Seller shall reimburse Purchaser, or
Purchaser shall reimburse Seller, as herein provided, for all out-of-pocket expenses incurred in connection with the Due Diligence Inspections for such removed Linked Properties. Thereafter, this Agreement shall be null and void as to the Linked
Properties (but shall remain in force and effect as to the remaining Properties), and neither party shall have any obligation to the other with respect to the removed Linked Properties, except to the extent such obligation expressly survives such
termination. 
  

 34 

 IN WITNESS WHEREOF, the parties hereto, intending to be legally bound hereby, have executed this
Agreement as of the date first written above. 
  

			
	SELLER
	
	BANK OF AMERICA, N.A.
		
	By:	 	 
	 	 	Michael F. Hord, Associate General Counsel
	
	Date of Execution: September 27, 2004
	
	PURCHASER
	
	 FIRST STATES GROUP, L.P., 
 A Delaware
limited partnership

		
	By:	 	First States Group, LLC, its general partner
		
	By:	 	 
	 	 	 Glenn Blumenthal, Senior Vice-President
& Chief Operating Officer

	
	Date of Execution: September 27, 2004

  

 35 

 LIST OF EXHIBITS 
  

			
	 Exhibit A
	  	List of Properties, Leased Premises, Vacate Space and Occupancy Percentages
		
	 Exhibit B
	  	Purchase Price and Agreed Upon Percentages
		
	 Exhibit C
	  	Form of Master Lease Agreement
		
	 Exhibit D
	  	Form of Bill of Sale
		
	 Exhibit E
	  	Form of Intangible Property Assignment
		
	 Exhibit F
	  	Form of Lease Assignment and Assumption Agreement
		
	 Exhibit G
	  	Form of Notice to Tenants
		
	 Exhibit H
	  	FIRPTA Affidavit
		
	 Exhibit I
	  	Seller’s Certificate of Representations and Warranties
		
	 Exhibit J
	  	Purchaser’s Certificate of Representations and Warranties
		
	 Exhibit K
	  	Form of Tenant Estoppel
		
	 Exhibit L
	  	Rent Roll
		
	 Exhibit M
	  	Property Exclusion List
		
	 Exhibit N
	  	Tangible Property Exclusion List
		
	 Exhibit O
	  	List of Permitted Exceptions for the Deeds
		
	 Exhibit P
	  	Description of Seller’s Artwork
		
	 Exhibit Q
	  	Guarantee
		
	 Exhibit R
	  	Form of Master Agreement Regarding Leases
		
	 Exhibit S
	  	Schedule of Incomplete Capital Work
		
	 Exhibit T
	  	Schedule of Pending Condemnations
		
	 Exhibit U
	  	Schedule of Pending Tax Appeals

  

			
	 Exhibit V
	  	Schedule of Linked Properties
		
	 Exhibit W
	  	Illustration of Holdover Damages Amount CalculationMaster Lease Agreement dated October 1,2004

 Exhibit 10.2 
  
 MASTER LEASE AGREEMENT 
  
 BETWEEN 
  
 FIRST STATES INVESTORS 5200, LLC, 
 a Delaware limited liability company
(“LANDLORD”) 
  
 AND 
  
 BANK OF AMERICA, N.A. (“TENANT”) 
  
 Dated: October 1, 2004 
  

 TABLE OF CONTENTS 
  

					
	 	  	Page

	 ARTICLE I         BASIC LEASE INFORMATION, LEASED PREMISES, TERM, AND
USE
	  	1
			
	 1.1
	    	 Basic Lease Information; Definitions
	  	1
			
	 1.2
	    	 Leased Premises
	  	17
			
	 1.3
	    	 Term
	  	18
			
	 1.4
	    	 Options to Renew; Special Notice of Non-Renewal
	  	18
			
	 1.5
	    	 Use
	  	21
			
	 1.6
	    	 Survival
	  	21
		
	 ARTICLE II         RENTAL AND OPERATING EXPENSES
	  	21
			
	 2.1
	    	 Rental Payments
	  	21
			
	 2.2
	    	 Operating Expenses
	  	23
			
	 2.3
	    	 Real Estate Taxes
	  	29
			
	 2.4
	    	 Budget; Audit Rights
	  	30
		
	 ARTICLE III         BUILDING SERVICES, IDENTITY, SIGNAGE, AND
MANAGEMENT
	  	33
			
	 3.1
	    	 Building Standard and Above Standard Services
	  	33
			
	 3.2
	    	 Keys and Locks
	  	37
			
	 3.3
	    	 Graphics and Building Directory
	  	37
			
	 3.4
	    	 Building Identity; Signage; Exclusivity
	  	38
			
	 3.5
	    	 Communications Equipment
	  	40
			
	 3.6
	    	 Building Management
	  	41
		
	 ARTICLE IV         CARE OF PREMISES; LAWS, RULES AND REGULATIONS
	  	42
			
	 4.1
	    	 Care of Leased Premises
	  	42
			
	 4.2
	    	 Access of Landlord to Leased Premises
	  	42
			
	 4.3
	    	 Nuisance
	  	43
			
	 4.4
	    	 Laws and Regulations; Rules of Building
	  	43
			
	 4.5
	    	 Legal Use and Violations of Insurance Coverage
	  	44
			
	 4.6
	    	 Environmental Laws
	  	45
			
	 4.7
	    	 Prohibited Uses
	  	46
		
	 ARTICLE V         LEASEHOLD IMPROVEMENTS AND REPAIRS
	  	47
			
	 5.1
	    	 Leasehold Improvements
	  	47

  

 i 

 TABLE OF CONTENTS 
 (continued) 
  

					
	 	    	 	  	Page

	 5.2
	    	 Alterations
	  	47
			
	 5.3
	    	 Non-Removable Improvements
	  	47
			
	 5.4
	    	 Mechanics Liens
	  	48
			
	 5.5
	    	 Repairs by Landlord
	  	48
			
	 5.6
	    	 Repairs by Tenant
	  	49
			
	 5.7
	    	 Demising Work
	  	49
			
	 5.8
	    	 Art
	  	51
		
	 ARTICLE VI         CONDEMNATION, CASUALTY AND INSURANCE
	  	52
			
	 6.1
	    	 Condemnation
	  	52
			
	 6.2
	    	 Damages from Certain Causes
	  	53
			
	 6.3
	    	 Casualty Clause
	  	53
			
	 6.4
	    	 Property Insurance
	  	55
			
	 6.5
	    	 Liability Insurance
	  	55
			
	 6.6
	    	 Hold Harmless
	  	55
			
	 6.7
	    	 WAIVER OF RECOVERY
	  	56
		
	 ARTICLE VII         DEFAULTS, REMEDIES, BANKRUPTCY, SUBORDINATION
	  	56
			
	 7.1
	    	 Default and Remedies
	  	56
			
	 7.2
	    	 Insolvency or Bankruptcy
	  	60
			
	 7.3
	    	 Negation of Lien for Rent
	  	60
			
	 7.4
	    	 Attorney’s Fees
	  	61
			
	 7.5
	    	 No Waiver of Rights
	  	61
			
	 7.6
	    	 Holding Over
	  	61
			
	 7.7
	    	 Subordination
	  	62
			
	 7.8
	    	 Estoppel Certificate
	  	62
			
	 7.9
	    	 Subsequent Documents
	  	63
			
	 7.10
	    	 Interest Holder Privileges
	  	63
		
	 ARTICLE VIII         SUBLEASING, ASSIGNMENT, LIABILITY, AND CONSENTS
	  	63
			
	 8.1
	    	 Sublease or Assignment by Tenant
	  	63
			
	 8.2
	    	 Assignment by Landlord
	  	66

  

 ii 

 TABLE OF CONTENTS 
 (continued) 
  

					
	 	    	 	  	Page

	 ARTICLE IX         PURCHASE AND SALE
	  	66
			
	 9.1
	    	 Tenant’s Right of First Refusal to Purchase
	  	66
			
	 9.2
	    	 Right of First Offer on Sale
	  	67
			
	 9.3
	    	 Separate Lease
	  	67
		
	 ARTICLE X         EXPANSION RIGHTS
	  	68
			
	 10.1
	    	 Quarterly Availability Reports
	  	68
			
	 10.2
	    	 Tenant’s Expansion Notice
	  	69
			
	 10.3
	    	 Landlord Expansion Response
	  	69
			
	 10.4
	    	 Expansion Space Leases
	  	69
			
	 10.5
	    	 Excess Basic Rent; Recalculation of Termination Rights
	  	72
			
	 10.6
	    	 Subordination of Expansion Space Rights
	  	72
			
	 10.7
	    	 Duration
	  	73
			
	 10.8
	    	 Disputes
	  	73
		
	 ARTICLE XI         CONTRACTION RIGHTS
	  	73
			
	 11.1
	    	 Contraction Rights
	  	73
			
	 11.2
	    	 Contraction Rights Exercise Notice
	  	73
			
	 11.3
	    	 Relocation Rights
	  	74
			
	 11.4
	    	 Early Termination Rights
	  	74
			
	 11.5
	    	 Termination Rights
	  	75
			
	 11.6
	    	 Contraction Premises Rent
	  	75
			
	 11.7
	    	 Surrender; Contraction Premises Demising Work
	  	76
			
	 11.8
	    	 Duration
	  	76
			
	 11.9
	    	 Disputes
	  	76
		
	 ARTICLE XII         DISPUTE RESOLUTION
	  	76
			
	 12.1
	    	 Approval Procedure; Dispute Resolution
	  	76
			
	 12.2
	    	 Dispute Resolution
	  	77
			
	 12.3
	    	 Conduct of the Arbitration
	  	78
			
	 12.4
	    	 Alternative Means of Arbitration with AAA
	  	79
			
	 12.5
	    	 Mediation; Litigation
	  	79
		
	 ARTICLE XIII         TENANT REMEDIES
	  	80
			
	 13.1
	    	 Limited Offset
	  	80

  

 iii 

 TABLE OF CONTENTS 
 (continued) 
  

					
	 	    	 	  	Page

	 13.2
	    	 Landlord Letter of Credit
	  	80
		
	 ARTICLE XIV         MISCELLANEOUS
	  	80
			
	 14.1
	    	 Notices
	  	80
			
	 14.2
	    	 Brokers
	  	81
			
	 14.3
	    	 Binding on Successors
	  	81
			
	 14.4
	    	 Rights and Remedies Cumulative
	  	81
			
	 14.5
	    	 Governing Law
	  	81
			
	 14.6
	    	 Rules of Construction
	  	82
			
	 14.7
	    	 Authority and Qualification
	  	82
			
	 14.8
	    	 Severability
	  	82
			
	 14.9
	    	 Quiet Enjoyment
	  	82
			
	 14.10
	    	 Limitation of Personal Liability
	  	82
			
	 14.11
	    	 Memorandum of Lease
	  	82
			
	 14.12
	    	 Consents
	  	82
			
	 14.13
	    	 Time of the Essence
	  	83
			
	 14.14
	    	 Amendments
	  	83
			
	 14.15
	    	 Entirety
	  	83
			
	 14.16
	    	 References
	  	83
			
	 14.17
	    	 Counterpart Execution
	  	83
			
	 14.18
	    	 No Partnership
	  	83
			
	 14.19
	    	 Captions
	  	83
			
	 14.20
	    	 Required Radon Notice
	  	83
			
	 14.21
	    	 Changes to Properties by Landlord
	  	83
			
	 14.22
	    	 Storage Space
	  	84
			
	 14.23
	    	 WAIVER OF JURY TRIAL
	  	84
			
	 14.24
	    	 Confidential Information
	  	84

  

 iv 

 EXHIBITS AND SCHEDULES
  

			
	Exhibit A	  	Leased Premises, Building NRA, Leased Premises NRA and Tenant Occupancy Percentages
		
	Exhibit B-1	  	Form of Lease Supplement
		
	Exhibit B-2	  	Form of Amendment to Lease Supplement and Exhibit A
		
	Exhibit C	  	Form of Confidentiality Agreement
		
	Exhibit D	  	Form of Subordination, Attornment and Non-Disturbance Agreement
		
	Exhibit E	  	Form of Estoppel Certificate
		
	Exhibit F	  	Form of Subtenant Non-Disturbance Agreement
		
	Exhibit G	  	Form of Separate Lease
		
	Exhibit H	  	Form of Contraction Assignment
		
	Exhibit I	  	Form of Contraction Sublease
		
	Exhibit J	  	Form of Landlord Letter of Credit
		
	Schedule 1	  	Annual Basic Rent Factor Table
		
	Schedule 2	  	[Intentionally Omitted]
		
	Schedule 3	  	Description of Environmental Information
		
	Schedule 4	  	Description of Tenant’s Art
		
	Schedule 5	  	Renewal Term Annual Basic Rent Illustration

  

 v 

 MASTER LEASE AGREEMENT 
  
 THIS MASTER LEASE AGREEMENT (this “Lease”) is made and entered into on October 1, 2004, by and between
FIRST STATES INVESTORS 5200, LLC, a Delaware limited liability company (hereinafter called “Landlord”), and BANK OF AMERICA, N.A., a national banking association (hereinafter called “Tenant”), with the limited
joinder of FIRST STATES GROUP, L.P., a Delaware limited partnership (“FSG”). Any other provision of this Lease to the contrary notwithstanding, this Lease shall automatically and without further action of Landlord or Tenant commence
and become effective upon and immediately following the Closing. Terms with initial capital letters used in this Lease shall have the meanings assigned for such terms in Section 1.1(b). 
  
 BACKGROUND 
  
 A. Tenant and FSG are parties to the Purchase Agreement, pursuant to which Tenant agreed to sell and convey to Landlord, and
Landlord agreed to purchase from Tenant, the Properties and certain other properties not covered by this Lease. 
  
 B. FSG has assigned to Landlord FSG’s entire right, title and interest in and to the Properties. 
  
 C. Closing under the Purchase Agreement has occurred immediately prior to
Landlord’s and Tenant’s execution of this Lease. 
  
 ARTICLE I 
 BASIC LEASE INFORMATION, LEASED PREMISES, TERM, AND USE 
  
 1.1 Basic Lease Information; Definitions. 
  
 (a) The following Basic Lease Information is hereby incorporated into and
made a part of this Lease. Each reference in this Lease to any information and definitions contained in the Basic Lease Information shall mean and refer to the information and definitions hereinbelow set forth. 
  

			
	Commencement Date:	  	October 1, 2004.
		
	Expiration Date:	  	September 30, 2019.
		
	Initial Term:	  	Commencing on the Commencement Date, and, unless sooner terminated as herein provided, ending on the Expiration Date.
		
	Leased Premises:	  	All those portions of the Properties identified in the Lease Supplements, as the same are amended from time to time, as being demised and leased to Tenant hereunder, including the identified
Net Rentable Areas within the Buildings and, where applicable, the Drive-Through Banking Facilities. Each time

  

			
	 	  	there is an addition to, subtraction from or other change in the configuration of the Leased Premises as herein provided, including pursuant to Section 6.1 (Condemnation), Section
6.3 (Casualty), Article IX (Purchase and Sale), Article X (Expansion Rights) and Article XI (Contraction Rights), Landlord and Tenant, within thirty (30) days following the effective date of the change, shall execute
amendments to the applicable Lease Supplements (based upon the form attached as Exhibit B-1 hereto) and to Exhibit A hereto to confirm the configuration and Net Rentable Area of the Leased Premises, Tenant’s Occupancy Percentage
in each Building and the Annual Basic Rent for each Leased Premises and, to the extent applicable, any adjustment in Parking Areas and be accompanied by a revised Exhibit A hereto.
		
	Landlord’s Address for Notices:	  	 First States Investors 5200, LLC
 c/o First States
Group, L.P.
 1725 The Fairway
 Jenkintown, PA 19046
 Attention: Nicholas S. Schorsch, President and CEO
 Fax Number: (215)
887-2585

		
	with a copy to:	  	 First States Group, L.P.
 1725 The Fairway

Jenkintown, PA 19046
 Attention: Edward J. Matey Jr., General
Counsel
 Fax: (215) 887-9856

		
	Tenant’s Address for Notices:	  	 Bank of America, N.A.
 525 North Tryon
 3rd Floor – Corporate Real Estate Department
 NC1-023-03-03
 Charlotte, NC 28255
 Attention: Property Services
 Fax: (704) 386-7339

		
	with a copy to:	  	 Bank of America, N.A.
 901 Main Street, 68th
Floor
 Dallas, TX 75202-3714
 Attention: Michael F. Hord,
Associate General Counsel
 Fax: (214) 209-0871

		
	and to:	  	 Trammell Crow Corporate Services, Inc.
 2850 North
Federal Highway
 Lighthouse Point, Florida 33064
 Attention: Chuck Dunn, Senior Vice President
 Fax: (954) 786-4405

  

 2 

			
	and to:	  	 Jones Lang LaSalle Americas, Inc.
 355 South Grand
Avenue
 Suite 4280
 Los Angeles, CA 90071
 Attention: John L. Vinnicombe, Executive Vice President
 Fax: (213)
680-4933

		
	Interest Holder’s Address for Notices:	  	 Deutsche Bank AG, Cayman Islands Branch
 60 Wall
Street, 10th Floor
 New York, New York
 Attention: Chris
Tognola/Tom Traynor
 Fax: N/A

		
	with a copy to:	  	 LaSalle Bank National Association
 135 South LaSalle
Street, Suite 1625
 Chicago, Illinois 60603
 Attention: Tom
Quinlan
 Fax: N/A

  
 (b) As used in this
Lease, the following terms shall have the respective meanings indicated below, and such meanings are incorporated in each such provision where used as if fully set forth therein: 
  
 “AAA” shall mean the American Arbitration Association. 
  
 “Above Standard Services” shall have the meaning assigned to
such term in Section 3.1(c). 
  
 “Above Standard
Services Rent” shall mean any and all charges required to be paid by Tenant for Above Standard Services as expressed in Section 3.1(c). 
  
 “Additional Equipment” shall have the meaning assigned to such term in Section 3.5. 
  
 “Additional Rent” shall mean Tenant’s Operating Expense
Share, Tenant’s Tax Share, Above Standard Services Rent and all other sums (other than Annual Basic Rent and Excess Basic Rent, if any) that Tenant is obligated to pay or reimburse to Landlord as required by the terms of this Lease. 

 
 “Affiliate” or “Affiliates” shall mean
any person or entity controlling, controlled by, or under common control with another such person or entity. “Control” as used herein shall mean the possession, direct or indirect, or the power to direct or cause the direction, of
the management and policies of such controlled person or entity. The ownership, directly or indirectly, of more than fifty percent (50%) of the voting securities of, or possession of the right to vote in, the ordinary direction of its affairs, more
than fifty percent (50%) of the voting interest in, any person or entity shall be presumed to constitute such control. In the case of Landlord (if Landlord is a partnership), the term Affiliate shall also include any person or entity 

  

 3 

 
controlling or controlled by or under common control with any general partner of Landlord or any general partner of Landlord’s general partner.

  
 “Affiliate Owned Property” shall have the
meaning assigned to such term in Section 10.1. 
  
 “Aggregate FMRV Rent” shall have the meaning assigned to such term in Section 1.4(c). 
  
 “Aggregate Occupancy Percentage” shall mean a fraction, expressed as a percentage, the numerator of which is the aggregate Net Rentable
Area of the Leased Premises in all of the Properties at the time the determination is made and the denominator of which is the Net Rentable Area of all of the Closing Properties acquired by Landlord (or its Affiliates) from Tenant (or its
Affiliates) under the Purchase Agreement, whether or not such Closing Properties are occupied, in whole or in part, by Tenant. 
  
 “Agreed Upon Percentage” shall have the meaning assigned to such term in the Purchase Agreement. 
  
 “Agreed Upon Purchase Price” shall mean, for a Property, the
amount calculated as the product of (i) the Purchase Price for all of the Closing Properties under the Purchase Agreement multiplied by (ii) the Agreed Upon Percentage for the Property for which the Agreed Upon Purchase Price is being calculated.

  
 “Alteration Threshold Amount” shall mean, as
to each Property, Five Hundred Thousand Dollars ($500,000.00) in aggregate alteration costs ongoing at any time, provided that (a) so long as Tenant’s Occupancy Percentage at a Major Property is at least fifty percent (50%), the Alteration
Threshold Amount for such Major Property shall equal One Million Dollars ($1,000,000.00) in aggregate alterations costs and (ii) the aggregate Alterations Threshold Amount for alteration costs ongoing at all Properties at any time shall not exceed
Ten Million Dollars ($10,000,000.00). 
  
 “Annual Basic
Rent” shall mean the annual basic rent payable by Tenant for the Leased Premises that are subject, from time to time, to this Lease. During the Initial Term of this Lease, the Annual Basic Rent for each Property shall equal the Net Rentable
Area of the Leased Premises for such Property multiplied by the applicable Annual Basic Rent Factor, except that the Annual Basic Rent for any Short Term Expansion Space shall equal the Fair Market Rental Value of such Short Term Expansion Space as
provided in Article X. During the Renewal Terms of this Lease, the Annual Basic Rent for each Property shall equal the Fair Market Rental Value of the Leased Premises within such Property, subject, if applicable, to the limitations set forth
in Section 1.4(c). The Annual Basic Rent due under this Lease shall equal the sum of all Annual Basic Rents due with respect to each Property. Annual Basic Rent shall be re-calculated each time there is a change in the Annual Basic Rent
Factor or in Tenant’s Occupancy Percentage for a Property or a required conversion to, or adjustment in, the Fair Market Rental Value of a Property. 
  
 “Annual Basic Rent Factor” shall mean the annual rate per square foot of Net Rentable Area used to calculate the Annual Basic Rent. A
table of Annual Basic Rent Factors, together with scheduled increases and decreases thereto, are set forth on Schedule 1 hereto. 
  

 4 

 “Applicable Rate” shall mean an annual rate of interest equal to the lesser of (i) the
Prime Rate plus two percent (2%) and (ii) the maximum contract interest rate per annum allowed by North Carolina law. 
  
 “Appraiser” shall mean an independent professional real estate appraiser, MAI or equivalent, with at least ten (10) years’
experience appraising commercial real estate comparable to the subject Property or Leased Premises, who shall be associated with a nationally-recognized real estate services firm offering appraisal services, with local offices in the region where
the subject Property is located, and which firm is not under contract with or otherwise so associated with either Landlord or Tenant as to reasonably impair its or their ability to render impartial judgments (it being agreed that an Appraiser that
performs residential or commercial property appraisals for Tenant in Tenant’s capacity as a mortgage lender shall not be disqualified from serving as an Appraiser solely as a result of such other relationship with Tenant). 
  
 “Approval Matters” shall have the meaning assigned to such
term in Section 12.2(b). 
  
 “Arbitration
Notice” shall have the meaning assigned to such term in Section 12.2(a). 
  
 “Art” shall have the meaning assigned to such term in Section 5.8. 
  
 “ATM” shall mean automated teller machine. 
  
 “Average Operating Expenses” shall mean the amount determined by dividing the aggregate Operating Expenses for all of the Properties by
the aggregate Net Rentable Area of all of the Buildings. The Average Operating Expenses between the Commencement Date and December 31, 2004, shall equal $8.13 per square foot of Net Rentable Area. Beginning on January 1, 2005, the Average Operating
Expenses shall be increased by three percent (3%), subject to adjustment in the final Budget for such calendar year. 
  
 “Average Real Estate Taxes” shall mean the amount determined by dividing the aggregate Real Estate Taxes for all of the Properties by the
aggregate Net Rentable Area of all of the Buildings. The Average Real Estate Taxes between the Commencement Date and December 31, 2004, shall equal $2.08 per square foot of Net Rentable Area. Beginning on January 1, 2005, the Average Real Estate
Taxes shall be increased by three percent (3%), subject to adjustment in the final Budget for such calendar year. 
  
 “Award” shall have the meaning assigned to such term in Section 13.2(c). 
  
 “Banking Center Properties” shall mean those Properties
identified as such on Exhibit A hereto as “Banking Centers,” whether or not such Properties also include a “Motor Bank.” 
  
 “Banking” shall have the meaning assigned to such term in Section 1.5. 
  
 “Binding ADR Dispute” shall have the meaning assigned to
such term in Section 12.2(b). 
  
 “BOMA”
shall mean the Building Owners and Managers Association. 
  
 “Budget” shall have the meaning assigned to such term in Section 2.4(a). 
  

 5 

 “Building” shall mean any and each of the buildings identified on Exhibit A in
which the Leased Premises are located. 
  
 “Building
Common Areas” shall have the meaning assigned to such term in the Measurement Standard. 
  
 “Building Operating Hours” shall mean, for each Building, from 7:00 a.m. to 7:00 p.m. on Mondays through Fridays and from 8:00 a.m. to
2:00 p.m. on Saturdays, excepting Holidays; provided that Building Operating Hours for Banking Center Properties where Tenant’s Occupancy Percentage equals one hundred percent (100%) shall mean the standard hours of operations for such Property
as established, from time to time, by Tenant. 
  
 “Building Rules” shall have the meaning assigned to such term in Section 4.4. 
  
 “Building Standard Services” shall have the meaning assigned to such term in Section 3.1(a). 
  
 “Building Standards” shall mean, for each Building,
materials of the type, quality and quantity generally used throughout such Building and in Comparable Buildings. 
  
 “Bureau of Labor Statistics” shall mean the U.S. Department of Labor, Bureau of Labor Statistics. 
  
 “Buildings” shall mean all of the buildings identified on
Exhibit A in which the Leased Premises are located. 
  
 “Casualty” shall have the meaning assigned to such term in Section 6.3(a). 
  
 “Closing” shall mean the closing and transfer of title to the Properties to Landlord pursuant to the Purchase Agreement. 
  
 “Closing Date” shall mean the date of Closing under the
Purchase Agreement. 
  
 “Closing Properties”
shall mean all properties that Landlord (or its Affiliates) acquires from Tenant (or its Affiliates) under the Purchase Agreement. 
  
 “Commencement Date” shall have the meaning assigned to such term in Section 1.1(a). 
  
 “Common Areas” shall mean all portions of the Project that
are not intended to be rented to a tenant, including interior corridors, elevators, mechanical rooms, stairs, lobbies, lavatories, washrooms, exterior roadways, Parking Areas, sidewalks, plazas, traffic lights, storm drainage facilities, rooftops,
landscaped areas, exterior walks and ramps, sanitary sewer, domestic and fire water systems, fire protection installations, electric power and telephone cables and lines and other utility connections, facilities and other improvements (above and
below ground) that are owned by Landlord and are now or hereafter constructed on the Project for use in common by Landlord, Tenant and other tenants located in the Building or for the common benefit of the foregoing, including all such areas,
facilities and systems denominated as “Building Common Areas” and “Floor Common Areas” in the Measurement Standard. 
  

 6 

 “Communications Equipment” shall have the meaning assigned to such term in Section
3.5(a). 
  
 “Comparable Buildings” shall
mean, for each Building, a quality, age, location and construction that is comparable to that of other buildings within the metropolitan area within which such Building is located. 
  
 “Continuing Term Separate Lease” shall have the meaning assigned to such term in Section 9.3.

  
 “Contraction Assignment” shall mean a lease
assignment and assumption agreement substantially in the form attached as Exhibit H hereto entered into by Tenant, as assignor, and FSG or, at FSG’s election, an Affiliate of FSG, as assignee, for all of Tenant’s right, title and
interest in and to a Continuing Term Separate Lease at a Property for which Tenant has properly exercised Contraction Rights for the entire Leased Premises within such Property pursuant to Article XI. If FSG elects to cause an Affiliate of
FSG to enter into a Contraction Assignment, FSG shall join in the execution of the Contraction Assignment for the purpose of unconditionally guarantying to Tenant the payment and performance by such Affiliate of all of such Affiliate’s
obligations to Tenant under the Contraction Assignment. Tenant shall be released from all obligations under the Separate Lease to which the Contraction Assignment relates arising on and after the date of execution of the Contraction Assignment.

  
 “Contraction Premises” shall have the meaning
assigned to such term in Section 11.2. 
  
 “Contraction Premises Surrender Date” shall have the meaning assigned to such term in Section 11.6. 
  
 “Contraction Rights” shall have the meaning assigned to such term in Section 11.1. 
  
 “Contraction Rights Exercise Notice” shall have the meaning
assigned to such term in Section 11.2. 
  
 “Contraction Sublease” shall mean a separate, stand alone sublease substantially in the form attached as Exhibit I hereto entered into by Tenant, as sublandlord, and FSG or, at FSG’s election, an Affiliate of
FSG, as subtenant, for such portion of the Leased Premises at a Property that is leased by Tenant under a Continuing Term Separate Lease as Tenant has properly exercised Contraction Rights pursuant to Article XI. If FSG elects to cause an
Affiliate of FSG to enter into a Contraction Sublease, FSG shall join in the execution of the Contraction Sublease for the purpose of unconditionally guarantying to Tenant the payment and performance by such Affiliate of all of such Affiliate’s
obligations to Tenant under the Contraction Sublease. 
  
 “Cost Approved Sublease” shall have the meaning assigned to such term in Section 8.1(h). 
  
 “Coterminous Expansion Space” shall have the meaning assigned to such term in Section 10.4(b). 
  
 “Damaged Property” shall have the meaning assigned to such
term in Section 6.3(a). 
  

 7 

 “Demising Work” shall mean the construction by Tenant, if and to the extent required as
a result of Tenant’s vacation and surrender of Surrendered Premises to Landlord, of (i) all walls and other work required to demise, separate and secure the Leased Premises from any portion of the Building that is not included within the Leased
Premises, (ii) all work, if and to the extent required as a result of such demise, for (a) the creation of multi-tenant access to Building Common Areas, facilities and systems necessary for the general office use of the Surrendered Premises,
including multi-tenant access to the mechanical, electrical, plumbing and other utility facilities and systems serving the Surrendered Premises or (b) at Tenant’s sole option, in lieu of creating multi-tenant access to existing Building Common
Areas, facilities or systems, Tenant may construct replacements for Building Common Areas, facilities or systems necessary for the general office use of the Surrendered Premises and (iii) to provide proper and lawful means of ingress and egress to
the Surrendered Premises. Notwithstanding the foregoing, Tenant will not be obligated to (i) make any alterations or improvements to demise the Leased Premises on floors of any Buildings that are and shall continue to be leased by Tenant as full
floors, (ii) make any alterations or improvements to floors that do not contain any Leased Premises or (iii) bring the Properties into compliance with building codes or other Legal Requirements, except to the extent required by any Governmental
Authority as being necessary to perform the Demising Work. All Demising Work shall be performed in conformity with the requirements of Section 5.7. 
  
 “Drive-Through Banking Facility” shall mean, for each Property, the portion of the Leased Premises, if any, identified as a Drive-Through
Banking Facility in Lease Supplement for such Property. 
  
 “Early Termination Fee” shall mean the amount required to be paid by Tenant to Landlord upon Tenant’s exercise of Early Termination Rights under Section 11.4 calculated as the product of (w) the Agreed Upon
Purchase Price for the Property at which the Early Termination Rights are being exercised multiplied by (x) 16.6667 basis points (0.00166667) multiplied by (y) the number of whole or partial months that elapse between the Commencement Date and the
Contraction Premises Surrender Date for the Contraction Premises for which the Early Termination Fee is being calculated multiplied by (z) a fraction, the numerator of which is the Net Rentable Area of the Contraction Premises created by
Tenant’s exercise of the Early Termination Rights for which the Early Termination Fee is being calculated and the denominator of which is the Net Rentable Area of the Building at which the Early Termination Rights are being exercised. For
purposes of determining the Early Termination Fee required to be paid by Tenant with the Contraction Rights Exercise Notice for any Contraction Premises, Tenant shall assume that the Contraction Premises Surrender Date for such Contraction Premises
shall be the date on which Tenant identifies in the Contraction Rights Exercise Notice that Tenant desires to vacate and surrender possession of such Contraction Premises to Landlord. After the actual Contraction Premises Surrender Date for the
Contraction Premises becomes known, the Early Termination Fee shall be recalculated as provided in Section 11.4. No Early Termination Fee shall ever become due or payable by Tenant as a result of, or with respect to the Contraction Premises
created by, Tenant’s exercise of Relocation Rights under Section 11.3 or Termination Rights under Section 11.5. 
  
 “Early Termination Right” shall have the meaning assigned to such term in Section 11.4. 
  

 8 

 “Enforcement” shall have the meaning assigned to such term in Section 7.7.

  
 “Environmental Information” shall have the
meaning assigned to such term in Section 4.6(a). 
  
 “Environmental Matters” shall have the meaning assigned to such term in Section 4.6(b). 
  
 “Excess Basic Rent” shall have the meaning assigned to such term in Section 10.5. 
  
 “Exchange Space” shall mean the number of square feet, if
any, by which the Net Rentable Area of the Minimum Leased Premises exceeds the Net Rentable Area of the Lease Premises. On the Commencement Date, the Exchange Space shall equal 34,891 square feet. The Exchange Space shall be recalculated, as of the
Commencement Date, following the re-measurement of the Buildings in conformity with the Measurement Standard. The Exchange Space shall be reduced, from time to time, by the Net Rentable Area of all Expansion Space added to Leased Premises pursuant
to Article X (effective, in each such case, as of the date the Expansion Space becomes Leased Premises) and increased, from time to time, by the Net Rentable Area of any Contraction Premises removed from the Leased Premises by Tenant’s
exercise of Relocation Rights, but not Early Termination Rights or Termination Rights (effective, in each such case, as of the date the Contraction Premises is no longer Leased Premises). 
  
 “Exchange Space Rent” shall mean the annual Rent payable by Tenant with respect to the Exchange Space
calculated as Net Rentable Area of the Exchange Space multiplied by the sum of (i) Annual Basic Rent Factor plus (ii) the Average Operating Expenses plus (iii) the Average Real Estate Taxes. If the Exchange Space is less than or equal to zero, no
Exchange Space Rent shall be due or payable. 
  
 “Expansion Rights” shall have the meaning assigned to such term in Section 10.4. 
  
 “Expansion Space” shall have the meaning assigned to such term in Section 10.4. 
  
 “Expansion Space Acceptance” shall have the meaning assigned
to such term in Section 10.4. 
  
 “Expiration
Date” shall have the meaning assigned to such term in Section 1.1(a). 
  
 “Event of Default” shall have the meaning assigned to such term in Section 7.1(a). 
  
 “Fair Market Purchase Value” shall mean the fair market purchase value, as of the date the determination is made, that would be obtained
in an arm’s-length purchase and sale agreement between an informed and willing seller and an informed and willing purchaser, neither of whom is under any compulsion to enter into such transaction. 
  
 “Fair Market Rental Value” shall mean the fair market rental
value, as of the date the determination is made, that would be obtained in an arm’s-length net lease (i.e., net of all operating expenses, real estate taxes, utilities and other pass-throughs) between an informed and willing tenant (other than
a tenant in possession) and an informed and willing landlord, neither of 

  

 9 

 
whom is under any compulsion to enter into such transaction, for space in Comparable Buildings that is comparable in size, location and quality to the Leased
Premises, for a comparable term. Such Fair Market Rental Value shall be calculated assuming that (i) the Leased Premises are in the condition and state of repair required under the Lease, (ii) Tenant is in compliance with the requirements of the
Lease and (iii) Tenant will accept the Leased Premises in “AS-IS” condition. In determining the Fair Market Rental Value for Property, the Appraiser shall give due consideration, to and make any necessary adjustments to the rentals paid at
Comparable Buildings in light of, the following factors: (i) Tenant will not receive, and Landlord will not pay, any tenant improvement, relocation, moving or other allowance, rent abatement or other reduced or free rent period or any other
allowance or concession in connection with Tenant’s leasing of the Leased Premises, (ii) except as expressly provided herein with respect to Expansion Space, Tenant’s obligation to pay Rent commences on the date possession of the Leased
Premises are delivered to Tenant, (iii) Landlord will not pay any brokers’ fee or commission in connection with Tenant’s leasing of the Leased Premises, (iv) the Landlord’s inclusion, and Tenant’s payment, of amortized capital
expenditures in Operating Expenses to the extent provided in this Lease and (v) the creditworthiness of Tenant and the tenants at Comparable Buildings. For Short Term Expansion Space only, the Fair Market Rental Value shall be determined without
regard to the value added by any alterations or improvements made to such space by Tenant after it was added to the Lease Premises as provided in Article X. 
  
 “Final Drawings” shall have the meaning assigned to such term in Section 5.7(b). 
  
 “Final Space Plan” shall have the meaning assigned to such
term in Section 5.7(a). 
  
 “Five Year Term
Separate Lease” shall have the meaning assigned to such term in Section 9.3. 
  
 “Floor Common Area” shall have the meaning assigned to such term in the Measurement Standard. 
  
 “FMRV Increment” shall have the meaning assigned to such term in Section 10.5. 
  
 “FMRV Space” shall mean space added to the Leased Premises
as Expansion Space, but shall not include any Coterminous Expansion Space added to the Leased Premises during the Initial Term. 
  
 “Force Majeure Events” shall mean events beyond Landlord’s or Tenant’s (as the case may be) control, which shall include all
labor disputes, governmental regulations or controls, war, fire or other casualty, inability to obtain any material or services, acts of God, or any other cause not within the reasonable control of Landlord or Tenant (as the case may be). The times
for performance set forth in this Lease (other than for monetary obligations of a party) shall be extended to the extent performance is delayed by Force Majeure Events. 
  
 “FSG” shall have the meaning assigned to such term in the parties paragraph. 
  
 “GAAP” shall mean generally accepted accounting principles,
consistently applied. 
  

 10 

 “Governmental Authority” shall mean the United States, the state, county, city and
political subdivision in which a Property is located or that exercises jurisdiction over the Property, Landlord or Tenant, and any agency, department, commission, board, bureau or instrumentality of any of the foregoing that exercises jurisdiction
over the Property, Landlord or Tenant. 
  
 “Gross
Revenue” shall mean, for each Property, all gross income generated in connection with such Property, including basic rents, additional rents and other charges collected from Tenant and other tenants or occupants of the Property and income
from services, coin operated vending machines and telephones, parking facilities, but excluding (i) security deposits, unless and not until such deposits are applied as rental income, (ii) interest on bank accounts for the operation of the Property,
(iii) proceeds from the sale or refinancing of the Property, (iv) insurance proceeds or dividends received from any insurance policies pertaining to physical loss or damage to the Property, (v) condemnation awards or payments received in lieu of
condemnation of the Property and (vi) any trade discounts and rebates received in connection with the purchase of personal property or services in connection with the operation of the Property. 
  
 “Hazardous Materials” shall mean any flammable materials,
explosive materials, radioactive materials, asbestos-containing materials, the group of organic compounds known as polychlorinated biphenyls and any other hazardous, toxic or dangerous waste, substance or materials defined as such in (or for
purposes of) the federal Comprehensive Environmental Response Compensation and Liability Act of 1980, as amended, 42 U.S.C. §§ 9601 to 9675, the federal Hazardous Materials Transportation Act, 42 U.S.C. §§ 5101 to
5127, the federal Solid Waste Disposal Act as amended by the Resources Conservation and Recovery Act of 1976, 42 U.S.C. §§ 6901 to 6992k, the federal Toxic Substance Control Act, 15 U.S.C. §§ 2601 to 2692 or any
other Legal Requirement from time to time in effect regulating, relating to or imposing liability or standards of conduct concerning any hazardous, toxic or dangerous waste, substance or material. 
  
 “Holidays” shall mean New Year’s Day, Martin Luther
King Day, Presidents’ Day, Memorial Day, Independence Day, Labor Day, Columbus Day, Thanksgiving Day, Christmas Day and any and all other dates observed as bank holidays by national banks. If, in the case of any holiday described above, a
different day shall be observed than the respective day described above, then that day that constitutes the day observed by national banks in the state in which the Property is located on account of such holiday shall constitute the Holiday under
this Lease. 
  
 “HVAC” shall mean heating,
ventilating and air conditioning. 
  
 “Initial
Term” shall have the meaning assigned to such term in Section 1.1(a). 
  
 “Interest Holder” shall have the meaning assigned to such term in Section 7.7. 
  
 “JAMS” shall mean Judicial Arbitration & Mediation Services, Inc. 
  
 “JLL” shall mean Jones Lang LaSalle Americas, Inc. 
  

 11 

 “Land” shall mean all of the parcels of land identified on Exhibit A on which the
Buildings, Common Areas, Drive-Through Banking Facilities, Parking Areas and other elements of the Properties are located. 
  
 “Landlord” shall have the meaning assigned to such term in the parties paragraph. 
  
 “Landlord Default” shall have the meaning assigned to such
term in Section 7.1(f). 
  
 “Landlord Designated
Submanager” shall have the meaning assigned to such term in Section 3.6. 
  
 “Landlord Expansion Response” shall have the meaning assigned to such term in Section 10.2. 
  
 “Landlord Letter of Credit” shall have the meaning assigned to such term in Section 13.2. 
  
 “Lease” shall have the meaning assigned to such term in the
parties paragraph. 
  
 “Leased Premises” shall
have the meaning assigned to such term in Section 1.1(a). 
  
 “Lease Supplement” shall mean, for each Property, a supplement to this Lease based upon the form attached as Exhibit B hereto that describes and depicts, in detail, the Leased Premises for such Property and any
Landlord or Tenant right or obligations that are specific to that Property, including any emergency generators, uninterrupted power systems, supplemental HVAC systems and other specialty items of whose capacities are dedicated for Tenant’s sole
use and that Tenant desires Landlord to maintain, repair and replace, at Tenant’s election, as an Above Standard Service. 
  
 “Lease Year” shall mean a period of one (1) year; provided that the first Lease Year shall commence on the Commencement Date and shall
end on September 30, 2005; the second Lease Year commences upon the expiration of first Lease Year and ends one (1) year later, and all subsequent Lease Years commence upon the expiration of the prior Lease Year, except that the last Lease Year
during the Term ends on the last day of the Term. The Lease Year for all Properties covered by this Lease shall be the same. 
  
 “Legal Requirements” shall mean any law, statute, ordinance, order, rule, regulation or requirement of a Governmental Authority.

  
 “MAI” shall mean Member of the Appraisal
Institute. 
  
 “Major Dispute” shall have the
meaning assigned to such term in Section 12.2(c). 
  
 “Major Property” shall mean any Property in which the Building shall contain 50,000 or more square feet of Net Rentable Area. 
  
 “Maximum Renewal Term Basic Rent” shall have the meaning assigned to such term in Section 1.4(c). 
  

 12 

 “Measurement Standard” shall mean the Standard Method for Measuring Floor Area in
Office Buildings, ANSI/BOMA Z65.1-1996, as promulgated by BOMA. 
  
 “Minimum Leased Premises” shall mean the number of square feet determined by multiplying the Net Rentable Area of all of the Closing Properties acquired by Landlord (or its Affiliates) from Tenant (or its Affiliates) under
the Purchase Agreement, whether or not such Closing Properties are occupied, in whole or in part, by Tenant, by 0.618. The Minimum Leased Premises shall be calculated by Landlord and Tenant on the Commencement Date and recalculated, as of the
Commencement Date, following the re-measurement of the Buildings in conformity with the Measurement Standard. 
  
 “Net Rentable Area” shall mean, as applicable, the net rentable areas of the Leased Premises and the Buildings, determined in conformity
with the Measurement Standard. The approximate Net Rentable Areas of the Leased Premises and the Buildings are as specified in Exhibit A; provided that the final and stipulated Net Rentable Areas of the Leased Premises and each of the
Buildings shall be re-measured by Landlord on or before December 31, 2004, in conformity with the Measurement Standard. Once such re-measurement is completed, Landlord and Tenant shall (i) amend the Lease Supplements and Exhibit A to confirm,
effective as of the Commencement Date, the correct Net Rentable Areas, Occupancy Percentages and Annual Basic Rents, (ii) recalculate and confirm in writing the Net Rentable Area subject to Termination Rights under Section 11.5 below, (iii)
recalculate the Minimum Leased Premises and (iv) recalculate the Annual Basic Rent Factor. 
  
 “Non-FMRV Renewal Space” shall mean, as to each Property during each Renewal Term, the portion of the Renewal Premises at such Property, if any, that is not FMRV Space. 
  
 “Non-Removable Improvements” shall have the meaning assigned
to such term in Section 5.3. 
  
 “Notice
Parties” shall mean the parties identified in Section 1.1(a), and any successor or additional party as a Notice Party may from time to time designate, as parties entitled to receive written notices under this Lease. 
  
 “Occupancy Percentage” shall mean, as to each Building, a
fraction, expressed as a percentage, the numerator of which is the Net Rentable Area of the Leased Premises in the Building at the time the determination is made, and the denominator of which is Net Rentable Area of the Building, all as set forth on
Exhibit A hereto, as amended from time to time. The Occupancy Percentage for a Property shall be re re-calculated each time there is a change in the Net Rentable Area of the Leased Premises or the Building at such Property. 
  
 “Operating Expenses” shall have the meaning assigned to such
term in Section 2.2(b). 
  
 “Operating Expense
Statement” shall have the meaning assigned to such term in Section 2.2(f). 
  
 “Outside Completion Date” shall have the meaning assigned to such term in Section 6.3(d). 
  

 13 

 “Owner” shall have the meaning assigned to such term in Section 7.7. 

 
 “Parking Areas” shall mean, as to each Property, the
exclusive and non-exclusive parking areas and facilities for the Property as indicated on the Lease Supplement for the Property, together with any connecting walkways, covered walkways, tunnels, or other means of access to the Building, and any
additional minor improvements now or hereafter located on the Land related to the foregoing facilities. 
  
 “PAVS Contraction Premises” shall have the meaning assigned to such term in Section 5.7(h). 
  
 “PAVS Expansion Premises” shall have the meaning assigned to
such term in Section 5.7(h). 
  
 “Pre-Committed
Space” shall have the meaning assigned to such term in Section 10.2(a). 
  
 “Preliminary Drawings” shall have the meaning assigned to such term in Section 5.7(b). 
  
 “Preliminary Space Plan” shall have the meaning assigned to such term in Section 5.7(a). 
  
 “Prime Rate” shall mean the “prime rate” announced
by Bank of America, N.A., or its successor, from time to time (or if the Prime Rate is discontinued, the rate announced as that being charged to said bank’s most credit-worthy commercial borrowers). 
  
 “Prior Lease” shall mean that certain Master Lease Agreement
dated June 30, 2003, by and between First States Investors 5000A LLC, as landlord, and Tenant, as tenant, as amended, 
  
 “Prohibited Uses” shall have the meaning assigned to such term in Section 4.7. 
  
 “Property” shall mean the Land, the Buildings, the Common
Areas, including the Parking Areas, any Drive-Through Banking Facilities, and any and all additional improvements now or hereafter located on the Land that serve the Buildings, the Common Areas, including the Parking Areas, any Drive-Through Banking
Facilities or the tenants of the Building generally. 
  
 “Purchase Agreement” shall mean that certain Agreement of Sale and Purchase dated September 27, 2004, by and between Tenant, as seller, and FSG, as purchaser, as amended. Immediately prior to the Closing, FSG shall assign
to Landlord, and Landlord shall assume, all of FSG’s rights, titles and interests under the Purchase Agreement, it being understood that FSG shall not be released from its obligations under the Purchase Agreement as a result of such assignment.

  
 “Purchase Agreement Vacate Space” shall mean
the “Vacate Space” as such term is defined in the Purchase Agreement. 
  
 “Purchase Price” shall have the meaning assigned to such term in the Purchase Agreement. 
  
 “Qualified Damage” shall have the meaning assigned to such term in Section 6.3(b). 
  

 14 

 “Quarterly Availability Report” shall have the meaning assigned to such term in Section
10.1. 
  
 “Real Estate Taxes” shall have the
meaning assigned to such term in Section 2.3(b). 
  
 “Relocation Rights” shall have the meaning assigned to such term in Section 11.3. 
  
 “Relocation Rights Exercise Period” shall have the meaning assigned to such term in Section 10.4(a). 
  
 “Remedial Work” shall mean the removal, relocation,
elimination, remediation or encapsulation of Hazardous Materials from all or any portion of the Leased Premises or the Common Areas and, to the extent thereby required, the reconstruction and rehabilitation of the Leased Premises or the Common Areas
pursuant to, and in compliance with this Lease. 
  
 “Renewal Option(s)” shall have the meaning assigned to such term in Section 1.4(a). 
  
 “Renewal Option Notice Date” shall mean, with respect to a Renewal Option, the date on which Tenant sends written notice of exercise of
such Renewal Option to Landlord as provided in Section 1.4(d). 
  
 “Renewal Premises” shall have the meaning assigned to such term in Section 1.4(c). 
  
 “Renewal Terms” shall have the meaning assigned to such term in Section 1.4(a). 
  
 “Rent” shall mean Annual Basic Rent, Excess Basic Rent, if
any, Exchange Space Rent, if any, and Additional Rent. 
  
 “Requesting Party” shall have the meaning assigned to such term in Section 12.1(a)(i). 
  
 “Responding Party” shall have the meaning assigned to such term in Section 12.1(a)(i). 
  
 “ROFO Eligible Conditions” shall have the meaning assigned
to such term in Section 9.2(a). 
  
 “ROFO Eligible
Property” shall have the meaning assigned to such term in Section 9.2(a). 
  
 “SAR” shall mean Strategic Alliance Realty. 
  
 “SEC” shall have the meaning assigned to such term in Section 14.24. 
  
 “Security Areas” shall have the meaning assigned to such term in Section 4.2. 
  
 “Self-Insurance Net Worth Test” shall mean, as of any date,
that (i) Tenant has a net worth of at least One Billion Dollars ($1,000,000,000.00) and (ii) Tenant’s long-term senior unsecured debt obligations are rated at least BBB (or its equivalent) by S&P and Baa2 (or its equivalent) by Moody’s
at of that date; provided that if Tenant is rated by only one of S&P or 

  

 15 

 
Moody’s, such obligations shall have such rating from S&P or Moody’s, as the case may be, and a comparable rating from another
nationally-recognized rating agency. 
  
 “Separate
Lease” shall mean a separate, stand alone lease for a Property substantially in the form attached as Exhibit G hereto entered into by the purchaser of such Property, as landlord, and Tenant, as tenant, as provided in Section
9.3, which may be either Continuing Term Separate Leases or Five Year Term Separate Leases. 
  
 “Service Failure” shall have the meaning assigned to such term in Section 3.1(f). 
  
 “Short Term Expansion Space” shall have the meaning assigned
to such term in Section 10.4. 
  
 “Sublet
Space” shall have the meaning assigned to such term is Section 8.1(b). 
  
 “Subtenant Non-Disturbance Agreement” shall mean a written agreement substantially in the form attached as Exhibit F hereto among Landlord, Tenant, the subtenant under a Cost Approved Sublease
and any Interest Holders pursuant to which Landlord and such Interest Holders agree not to disturb such subtenant’s possessory and other rights under the Cost Approved Sublease, and such subtenant agrees to attorn to and recognize Landlord,
notwithstanding any expiration or earlier termination of the Term of this Lease prior to the expiration or earlier termination of the term of the Cost Approved Sublease, except to the extent that such possessory or other rights can be disturbed or
terminated as provided in the Cost Approved Sublease. 
  
 “Surrendered Premises” shall mean, as applicable, any Purchase Agreement Vacate Space or Contraction Premises for which Tenant is required to perform Demising Work. 
  
 “Tax Statement” shall have the meaning assigned to such term
in Section 2.3(a). 
  
 “TCCS” shall mean
Trammell Crow Corporate Services, Inc. 
  
 “Tenant” shall have the meaning assigned to such term in the parties paragraph. 
  
 “Tenant’s Business Equipment” shall have the meaning assigned to such term in Section 5.3. 
  
 “Tenant Designated Submanager” shall have the meaning
assigned to such term in Section 3.6. 
  
 “Tenant
Expansion Notice” shall have the meaning assigned to such term in Section 10.2. 
  
 “Tenant Managed Property” shall have the meaning assigned to such term in Section 3.6. 
  
 “Tenant’s Operating Expense Share” shall have the
meaning assigned to such term in Section 2.2(a). 
  
 “Tenant’s Tax Share” shall have the meaning assigned to such term in Section 2.3(a). 
  

 16 

 “Term” shall have the meaning assigned to such term in Section 1.3. 

 
 “Termination Rights” shall have the meaning assigned to
such term in Section 11.5. 
  
 “Third Party
Offer” shall have the meaning assigned to such term in Section 9.1. 
  
 “Transfer Notice” shall have the meaning assigned to such term in Section 8.1(b). 
  
 “Unused Relocation Rights Area” shall have the meaning assigned to such term in Section 10.5. 
  
 “URR Agreement” shall mean that certain Master Agreement
Regarding Leases dated as of October 1, 2004, between FSG and Tenant pursuant to which FSG granted to Tenant certain “Universal Relocation Rights” as more fully therein provided. 
  
 “VARA” shall mean the Visual Artists Rights Act of 1990, as
amended. 
  
 As used in this Lease, (i) the phrase
“and/or” when applied to one or more matters or things shall be construed to apply to any one or more or all thereof as the circumstances warrant at the time in question, (ii) the terms “herein,” “hereof,”
“hereunder” and words of similar import, shall be construed to refer to this Lease as a whole, and not to any particular Article or Section, unless expressly so stated, (iii) the terms “include” and “including”,
whenever used herein, shall mean “including without limitation” or “including but not limited to,” except in those instances where it is expressly provided otherwise, (iv) the term “person” shall mean a natural person,
a partnership, a corporation, a limited liability company, and/or any other form of business or legal association or entity, and (v) the term “alterations” shall mean any alterations, additions, removals and/or any other changes.

  
 1.2 Leased Premises. Subject to and upon the terms hereinafter set
forth, Landlord does hereby lease and demise to Tenant, and Tenant does hereby lease and take from Landlord, the Leased Premises. The initial Leased Premises are described in Exhibit A hereto and in the Lease Supplements. Tenant shall be
entitled to the following as appurtenances to the Leased Premises, all at no cost to Tenant, other than as provided in Section 2.2 or Section 3.1 below: (a) the right to use, and to permit Tenant’s employees and invitees to use
(i) on an exclusive basis, the dedicated Parking Areas, if any, identified on the Lease Supplements and the elevator lobbies, corridors, restrooms, telephone, electric and other utility closets on floors leased entirely by Tenant and (ii) on a
non-exclusive basis (in common with Landlord and other tenants or occupants of the Property, and their respective employees and invitees), the balance of the Parking Areas and all the other Common Areas (excluding Floor Common Areas, systems and
facilities on and/or serving floors that do not include Leased Premises, but including risers wherever located throughout the Buildings); (b) all rights and benefits appurtenant to, or necessary or incidental to, the use and enjoyment of the Leased
Premises by Tenant for the purposes permitted by Section 1.5, including the right of Tenant, its employees and invitees, in common with Landlord and other persons, to use any non-exclusive easements and/or licenses in, about or appurtenant to
the Project, including the non-exclusive right to use any walkways, tunnels, and skywalks connected to the Project; and (c) all other rights and benefits provided to Tenant with respect to the Project pursuant to this Lease (including the rights
granted to Tenant 

  

 17 

 
to use the roof of the Building, and other portions of the Project located outside of the Leased Premises, pursuant to Section 3.5 hereof).

  
 1.3 Term. The Initial term of this Lease shall be as described in
Section 1.1(a), which Initial Term may be renewed and extended as provided in Section 1.4 (the Initial Term and, to the extent renewed and extended, any such Renewal Terms are hereinafter collectively called the
“Term”). Tenant is in possession of the Leased Premises as of the date of this Lease and shall accept the Leased Premises in its “AS-IS” condition on the Commencement Date, subject to all applicable Legal Requirements,
covenants and restrictions. Landlord has made no representation or warranty regarding the suitability of the Leased Premises or the Buildings for the conduct of Tenant’s business, and Tenant waives (a) any implied warranty that the Leased
Premises or the Buildings are suitable for Tenant’s intended purposes, (b) any right of Tenant to claim that the Leased Premises are not now or in the future in compliance with Legal Requirements (except to the extent that any such future
non-compliance with Legal Requirements within the Leased Premises was caused by any act or omission of Landlord, or its agents, servants or employees) and (c) any right of Tenant to claim that the Buildings are not in compliance with Legal
Requirements in effect on the Commencement Date. Except as otherwise expressly set forth in this Lease to the contrary, in no event shall Landlord have any obligation for any defects in effect on the Commencement Date in the Leased Premises or the
Buildings or any limitation on their respective uses. 
  
 1.4 Options to Renew;
Special Notice of Non-Renewal. 
  
 (a) Subject to the
conditions hereinafter set forth, Tenant is hereby granted options (individually, a “Renewal Option” and, collectively, the “Renewal Options”) to renew the Term with respect to any or all of the Leased Premises then
demised to Tenant (including any Expansion Space) for up to seventeen (17) successive periods of five (5) years each with respect to the Banking Center Properties and for up to seven (7) successive periods of five (5) years each with respect to all
other Properties (individually, a “Renewal Term” and collectively the “Renewal Terms”); provided that the Term of this Lease shall not extend for any portion of the Leased Premises within the Banking Center
Properties, wherever added to this Lease, beyond September 30, 2104, or for any portion of the Leased Premises within any other Property, whenever added to this Lease, beyond September 30, 2054. 
  
 (b) The first Renewal Term shall commence at the expiration of the Initial
Term, and each subsequent Renewal Term shall commence at the expiration of the prior Renewal Term. Tenant shall exercise its options to renew, if at all, by delivering notice of such election to Landlord not later than twelve (12) months prior to
the expiration of the Initial Term or the expiration of the then `current Renewal Term, as the case may be. IN ORDER TO PREVENT TENANT’S INADVERTENT FORFEITURE OF ANY THEN REMAINING RENEWAL OPTION, IF TENANT SHALL FAIL TO TIMELY EXERCISE ANY
AVAILABLE RENEWAL OPTION, TENANT’S RIGHT TO EXERCISE SUCH RENEWAL OPTION SHALL NOT LAPSE UNTIL LANDLORD SHALL DELIVER TO TENANT WRITTEN NOTICE THAT SUCH NOTICE OF EXERCISE HAS NOT BEEN DELIVERED AND TENANT SHALL THEREAFTER FAIL TO EXERCISE SUCH
RENEWAL OPTION WITHIN TEN (10) DAYS FOLLOWING THE DELIVERY OF SUCH NOTICE. 
  

 18 

 (c) The Annual Basic Rent to be paid by Tenant for the Leased Premises at a Property during a Renewal
Term (any such premises, the “Renewal Premises”) shall equal the Fair Market Rental Value of such Renewal Premises during such Renewal Term as determined by the parties or, in the absence of their agreement, determined by appraisal
as expressed below; provided that the Annual Basic Rent payable during a Renewal Term for Non-FMRV Renewal Space at all Properties that contain Renewal Premises, computed on an aggregate basis, shall not be greater than the amount determined by
multiplying (i) the aggregate Net Rentable Area of the Non-FMRV Renewal Space by (ii) the Annual Basic Rent Factor for the applicable Renewal Term as set forth on Schedule 1 hereto (the amount so determined, the “Maximum Renewal Term
Basic Rent”). If the aggregate Fair Market Rental Values of the Non-FMRV Renewal Space at all Properties (collectively, the “Aggregate FMRV Rent”) exceeds the Maximum Renewal Term Basic Rent, the Fair Market Rental Values
of the Non-FMRV Renewal Space at each Property shall be proportionately reduced by multiplying each such Fair Market Rental Values by a fraction, expressed as a decimal, the numerator of which is the Maximum Renewal Term Basic Rent and the
denominator of which is the Aggregate FMRV Rent, so that the Annual Basic Rent for the Non-FMRV Renewal Space shall, in the aggregate, equal the Maximum Renewal Term Basic Rent. With respect to FMRV Space that is part of Renewal Premises, the Annual
Basic Rent shall always be the Fair Market Rental Value of such FMRV Space. An illustration of how Annual Basic Rent is determined during a Renewal Term is attached as Schedule 5 hereto. 
  
 (d) Within thirty (30) days following the Renewal Option Notice Date,
Landlord shall deliver to Tenant, a proposal setting forth Landlord’s determination of the Fair Market Rental Value for the Renewal Premises during the applicable Renewal Term. For thirty (30) days thereafter, Landlord and Tenant shall
negotiate in good faith to reach agreement as to the Fair Market Rental Value for the Renewal Premises. Tenant’s leasing of the Renewal Premises shall be upon the same terms and conditions as set forth in this Lease, except (i) the Annual Basic
Rent during the Renewal Term shall be determined as specified in Sections 1.4(c) and (e) and (ii) the leasehold improvements for the space in question will be provided in their existing condition, on an “AS-IS” basis at the
time the Renewal Term commences. Once established, the Annual Basic Rent for the applicable Renewal Term will remain fixed for each five (5) year Renewal Term, and be paid monthly in advance. 
  
 (e) If Landlord and Tenant are unable to reach a definitive agreement as to
the Fair Market Rental Value applicable to Renewal Premises within sixty (60) days following the Renewal Option Notice Date, the Fair Market Rental Value will be submitted for resolution in accordance with the provisions of this Section
1.4(e). Within seventy-five (75) days following the Renewal Option Notice Date (or, if later, within fifteen (15) days following the date on which either Landlord or Tenant notifies the other party in writing that such notifying party desires to
have the Annual Basic Rent for a Renewal Term determined by appraisal), Landlord and Tenant shall each select and engage an Appraiser to determine the Fair Market Rental Value of the Renewal Premises. If either party fails to select and engage an
Appraiser within such time, if such failure continues for more than five (5) business days following such party’s receipt of written notice that states in all capital letters (or other prominent display) that such party has failed to select an
Arbitrator as required under the Lease and will be deemed to have waived certain rights granted to it under the Lease unless it selects an Arbitrator within five (5) business days, the Fair Market Rental Value will be determined by the Appraiser
engaged by the other 

  

 19 

 
party. Each Appraiser shall prepare an appraisal report and submit it to both Landlord and Tenant within thirty (30) days following the date on which the
last Appraiser was selected. If the higher of the two appraisals of Fair Market Rental Value does not exceed one hundred five percent (105%) of the lower of the two appraisals of Fair Market Rental Value, then the average of the two (2) appraisals
shall be the Fair Market Rental Value for the Renewal Premises. If the higher of the two appraisals of Fair Market Rental Value exceeds 105% of the lower of the two appraisals of Fair Market Rental Value, then within seven (7) days after receipt by
Landlord and Tenant of both appraisal reports, the Appraisers selected by Landlord and Tenant shall agree on a third Appraiser to determine Fair Market Rental Value. The third Appraiser shall not perform a third appraisal, but shall, within ten (10)
days after his or her designation, select one (1) of the two (2) appraisals already performed, whichever of the two appraisals the third Appraiser determines to be closest to Fair Market Rental Value, as the controlling determination of the Fair
Market Rental Value. The decision of the third Appraiser shall be conclusive, and, subject to the limitations expressed in Section 1.4(c), shall be the Fair Market Rental Value for the Renewal Premises for the Renewal Term. Each party shall
pay the costs of its Appraiser and one-half of the cost of the third Appraiser. The instructions to the Appraisers with respect to the determination of the Fair Market Rental Value applicable to such space will be to determine the Fair Market Rental
Value for such space as of the relevant Renewal Term, assuming that such space will be leased on an “AS-IS” basis. Within thirty (30) days following the determination of the Fair Market Rental Value, Tenant shall elect one (1) of the
following options: (A) to revoke the exercise of the subject Renewal Option, in which event, the Term of this Lease for the Leased Premises to which the notice of revocation applies shall automatically, and without further action of Landlord or
Tenant, expire on the later of (1) the expiration of the then existing Term or (2) the last day of the calendar month that is six (6) months following the month in which Tenant’s notice of revocation was given to Landlord or (B) to renew the
Lease at the rate to be determined in accordance with this Section 1.4(e) after the Fair Market Rental Value has been determined by appraisal. If Tenant fails to exercise any of the foregoing options within the thirty (30) day period, Tenant
shall be deemed to have elected option (A). If Tenant has elected option (B), Tenant thereby shall have irrevocably exercised its right to renew the Term and Tenant may not thereafter withdraw the exercise of the Renewal Option; in such event the
renewal of this Lease (as to the Renewal Premises) shall be upon the same terms and conditions of this Lease, except (i) the Annual Basic Rent during the Renewal Term shall be determined in accordance with the foregoing provisions and (ii) the
leasehold improvements for the space in question will be provided in their existing condition, on an “AS-IS” basis at the time the Renewal Term commences. If the Annual Basic Rent for a Renewal Term has not been determined prior to the
commencement of such Renewal Term, Tenant shall pay to Landlord as of the commencement of the Renewal Term the same Annual Basic Rent as Tenant was paying immediately prior to the commencement of the Renewal Term, subject to adjustment upon final
determination. Once established, the Annual Basic Rent for the Renewal Term will remain fixed for each five (5) year Renewal Term, and be paid monthly in advance. 
  
 (f) Notwithstanding anything to the contrary contained in this Section 1.4, subject to the provisions of Section
1.4(a) above, Tenant’s failure to give the required renewal notice with respect to the Leased Premises within a Property in conformity with the requirements of Section 1.4(b) shall render the upcoming and all subsequent Renewal
Options for such Leased Premises, if there be any, null and void. 
  

 20 

 1.5 Use. Each of the Leased Premises may be used and occupied by Tenant (and its permitted assignees and
subtenants) only for banking and related uses and general business office purposes and such other lawful purposes as are consistent with banking and general office uses being made from time to time by tenants of the Building. In addition and without
limitation of the foregoing, Tenant may maintain (for use by Tenant and its employees, customers, and invitees): (a) conference and/or meeting facilities, (b) libraries, (c) non-retail coffee bars, (d) support staff facilities (including word
processing and copy facilities), (e) lunchrooms and kitchen facilities for use by Tenant and its employees and invitees, including vending machines and microwave ovens for use by Tenant and its employees and invitees, subject, however, to Legal
Requirements, (f) storage space incidental to banking and general business office purposes only, (g) bank and storage vaults, (h) cash vault, (i) telephone call centers, (j) retail banking facilities and (k) as to each Property, any lawful purpose
for which such Property was used on the Commencement Date. Notwithstanding the foregoing, throughout the Term, Tenant shall not use, or permit the use of, the Leased Premises (or any part thereof) for any Prohibited Uses. Tenant is not obligated to
maintain occupancy in all or any portion of the Leased Premises. For purposes of this Section 1.5, the term “banking” shall be deemed to include all traditional banking activities as well as the sale of insurance and annuities of
all types, trust services, investment and financial advice, and the sale of securities. If Tenant receives notice of any material directive, order, citation or of any violation of any Legal Requirement or any insurance requirement, Tenant shall
endeavor to promptly notify Landlord in writing of such alleged violation and furnish Landlord with a copy of such notice. 
  
 1.6 Survival. Any claim, cause of action, liability or obligation arising during the Term of this Lease in favor of a party hereto and against or obligating the
other party hereto shall (to the extent not theretofore fully performed) survive the expiration or any earlier termination of this Lease. 
  
 ARTICLE II 
 RENTAL AND OPERATING
EXPENSES 
  
 2.1 Rental Payments. 
  
 (a) Beginning on the Commencement Date, Tenant shall pay Annual Basic Rent,
Excess Basic Rent, if any, Exchange Space Rent, if any, and Additional Rent with respect to the Leased Premises, all as applicable and as required by and in conformity with the provisions of this Lease. Annual Basic Rent and Exchange Space Rent, if
any, shall be due and payable in equal monthly installments on the first day of each calendar month during the Term, in advance. Tenant’s Operating Expense Share and Tenant’s Tax Share shall be due and payable in accordance with
Sections 2.2 and 2.3. Unless otherwise specified herein, Excess Basic Rent and Above Standard Services Rent shall be payable twenty (20) days following Landlord’s submission to Tenant of an invoice therefor. 
  
 (b) Beginning on the Commencement Date, and continuing throughout the Term of
this Lease, Tenant shall pay Annual Basic Rent and Exchange Space Rent, if any, to Landlord. The Annual Basic Rent payment made by Tenant on the Commencement Date shall equal Five Hundred Fifty-Eight Thousand & 00/100 Dollars ($558,000) plus the
amount set forth on Schedule 1 hereto. Thereafter, Annual Basic Rent shall be as set forth on Schedule 1 hereto. 

  

 21 

 
Annual Basic Rent shall be adjusted from time to time each time there is a change in the Annual Basic Rent Factor or in Tenant’s Occupancy Percentage
for a Property. From and after the expiration of the Initial Term through the expiration of the Renewal Term(s) (to the extent Tenant renews and extends this Lease pursuant to Section 1.4 hereof), Tenant shall pay Annual Basic Rent at the
rate determined in accordance with the provisions of Section 1.4. 
  
 (c) Intentionally Omitted. 
  
 (d)
Throughout the Initial Term of this Lease, but not thereafter, Tenant shall pay Excess Basic Rent, if any, to Landlord to the extent that the same is due and payable pursuant to Section 10.5. Excess Basic Rent, if any, shall be paid annually,
in arrears, for each Lease Year during the Initial Term. Within ninety (90) days following the expiration of each Lease Year during the Initial Term, Landlord shall advise Tenant in writing of the Excess Basic Rent, if any, payable by Tenant for the
prior Lease Year and provide Tenant with a detailed calculation of the same. 
  
 (e) If the Term commences for any portion of the Leased Premises on a day other than the first day of a calendar month, or if the Term for any portion of the Leased Premises expires on other than the last day of a
calendar month, then all installments of Rent that are payable on a monthly basis with respect to such portion of the Leased Premises shall be prorated for the month in which such Term commences or terminates, as the case may be, and the installment
or installments so prorated for the month in which such Term commences or terminates, as the case may be, shall be paid in advance. Said installments for such prorated month or months shall be calculated by multiplying the monthly installment for
the affected portion of the Leased Premises by a fraction, the numerator of which shall be the number of days such Rent accrues during said commencement or expiration month, as the case may be, and the denominator of which shall be the actual number
of days in the month. If the Term commences for any portion of the Leased Premises, or if the Term expires on other than the first day of a calendar year, then all Rent payable on an annual basis shall be prorated for such commencement or expiration
year, as the case may be, by multiplying such Rent by a fraction, the numerator of which shall be the number of days of the Term during the commencement or expiration year, as the case may be, and the denominator of which shall be the actual number
of days in such commencement or expiration year. In such event, the foregoing calculation shall be made as soon as is reasonably possible. Landlord and Tenant hereby agree that the provisions of this Section 2.1(e) shall survive the
expiration or termination of this Lease. 
  
 (f) Tenant agrees to
pay all Rent as shall become due from and payable by Tenant to Landlord under this Lease at the times and in the manner provided in this Lease, without abatement (except as specifically provided in this Lease), demand, offset (except as specifically
provided in this Lease) or counterclaim, at Landlord’s address as provided herein (or such other address in the continental United States as may be designated in writing by Landlord from time to time). Tenant shall have the right, at its
option, to pay Rent by means of electronic funds transfer to such account and depository institution as Landlord shall specify from time to time upon Tenant’s request. All Rent owed by Tenant to Landlord under this Lease shall bear interest
from the date due thereof until payment is received by Landlord at the Applicable Rate; provided that Landlord shall not be entitled to receive interest during the first thirty (30) days following the payment due date on any overdue amount for which
Landlord receives a late charge as 

  

 22 

 
provided in Section 2.1(g). All sums owed by Landlord to Tenant pursuant to this Lease shall bear interest from the date due thereof until payment is
received by Tenant at the Applicable Rate. Any payments made by Landlord or Tenant to the other hereunder shall not be deemed a waiver by such party of any rights against the other party. 
  
 (g) Tenant recognizes that late payment of any Rent will result in administrative and other expense to Landlord. Therefore,
other remedies for nonpayment of Rent notwithstanding, (i) in the event any installment of Annual Basic Rent is not received by Landlord on or before the fifth (5th) day of the month for which it is due, and such amount shall remain unpaid for more
than five (5) days after Tenant’s receipt of written notice that such amount is past due, then Tenant shall pay to Landlord a late charge equal to two and one half (21⁄2%) percent of the past due installment of Annual Basic Rent, and (ii) in
the event any payment of Excess Basic Rent, if any, or Additional Rent is not received by Landlord within five (5) days after Tenant’s receipt of written notice that such amount is past due, then Tenant shall pay to Landlord an additional
charge in an amount equal to the lesser of Two Thousand Five Hundred Dollars ($2,500.00) or one percent (1%) of the overdue amount. Any notice of overdue payment for which Tenant shall be subject to a late charge shall state, in all capital letters
(or other prominent display), that Tenant’s failure to remit payment by the appointed date shall result in the imposition of a late charge. Landlord may not send any such notice of overdue payment to Tenant prior to the fifth (5th) day
following the date such payment is due, and if any such premature notice is sent, it shall be deemed to have been sent on the fifth (5th) day following the date such payment was due. Notwithstanding the foregoing, Tenant shall not be obligated to
pay a late charge on installments of Rent to the extent properly abated or set-off by Tenant pursuant to an express right to do so as set forth in this Lease or to the extent that Tenant’s payment is deficient by an amount that is less than or
equal to one (1%) percent of the total amount due; provided that Tenant shall remit the amount of the deficiency promptly upon and, in any extent, within five (5) business days following Tenant’s receipt of written notice from Landlord that the
same is past due. All additional charges described herein are not intended as a penalty, but are intended to liquidate the damages so occasioned to Landlord and to reimburse Landlord for Landlord’s additional costs in processing such late
payment, which amounts shall be added to the Rent then due. 
  
 (h) Rent received by Landlord shall be applied by Landlord in the following order: (i) Annual Basic Rent, (ii) Tenant’s Operating Expense Share, (iii) Tenant’s Tax Share, (iv) Excess Basic Rent, if any, (v) Above Standard Services
Rent and (vi) to any remaining items of Rent that are due and unpaid. Subject to the foregoing limitations, Tenant may, by written notice to Landlord with any Rent payment, direct how Rent is to be allocated among one or more Properties. 

 
 (i) In those instances for which the right of offset is expressly
provided, Tenant shall be entitled to offset against Rent next coming due any amounts that are owed or payable by Landlord to Tenant under or pursuant to the terms of this Lease as expressed in Article XIII. 
  
 2.2 Operating Expenses. 
  
 (a) During each month of the Term of this Lease, on the same date that Annual Basic Rent is due, Tenant shall pay to
Landlord, as Additional Rent, an amount equal to one-twelfth 

  

 23 

 
(1/12) of the annual cost of Tenant’s Occupancy Percentage of the Operating Expenses for the Properties as hereinafter provided (the amount so payable
by Tenant, “Tenant’s Operating Expense Share”). Tenant agrees the amount of Operating Expenses may be estimated by Landlord for the upcoming calendar year. Landlord reserves the right to reasonably re-estimate Operating
Expenses (and Tenant’s monthly installments of Tenant’s Operating Expense Share on account thereof) up to one (1) time each calendar year; provided that any re-estimation made during the course of any calendar year for purposes of
adjusting Tenant’s monthly installments falling due during the same calendar year shall be made on not less than ninety (90) days’ prior notice to Tenant, which notice shall include documentation that evidences and supports, in reasonable
detail, the basis and need for Landlord’s re-estimation of Operating Expenses. Any overpayment or underpayment of Tenant’s Operating Expense Share shall be reconciled after the period for which estimated payments have been made by Tenant
as expressed in Section 2.2(f). 
  
 (b) “Operating
Expenses,” for each calendar year, shall mean all expenses and costs of every kind and nature (other than as set forth in Section 2.2(c)) that have accrued for a particular calendar year, as reasonably allocated by Landlord and,
except as otherwise expressly provided herein, computed in accordance with GAAP, on an accrual basis and incurred in connection with the servicing, repairing, maintenance and operation of the Properties during each calendar year, including the
expenses and costs set forth in items (i) through (xiii) below: 
  
 (i) wages and salaries, including taxes, insurance and benefits, of all persons engaged in operations, on-site property management, maintenance or access control, as reasonably allocated by Landlord (excluding,
however, executive personnel of Landlord, senior to the property manager, and personnel to the extent engaged in the development and/or leasing of the Properties); 
  
 (ii) replacement costs, whether acquired or leased, of tools and equipment and all costs of materials and
supplies, to the extent used in operations, maintenance and access control, as reasonably allocated by Landlord; 
  
 (iii) cost of all utilities, including electricity, water, gas, steam and sewer charges, except to the extent, if any, that the cost
thereof is separately metered and billed to Tenant or any other occupants of the Properties or recovered by Landlord (or for which Landlord is entitled to reimbursement, even if not actually collected by Landlord) from Tenant or any other occupants
of the Properties as Above Standard Services Rent or otherwise; 
  
 (iv) cost of repairing, maintaining and cleaning the Common Areas of the Properties and the furniture and furnishings therein; 
  

(v) cost of all maintenance and service agreements and the equipment therein, including access control service, window cleaning,
mechanical, electrical and plumbing service contracts, including elevator maintenance, janitorial service, security, landscaping maintenance, garbage and waste disposal; 
  
 (vi) cost of repairs and general maintenance (excluding repairs, alterations and general maintenance to the
extent covered by proceeds of condemnation or insurance); 
  

 24 

 (vii) the cost, amortized over the useful life of the asset in accordance with GAAP, with
interest at Landlord’s then prevailing borrowing rate, of all repairs and replacements of a capital nature, structural and non-structural, ordinary and extraordinary, foreseen and unforeseen, made by Landlord to any Building or the Common Areas
(excluding Floor Common Area on floors not leased in whole or in part by Tenant), all to the extent necessary to operate, repair and maintain the Properties in conformity with the requirements of this Lease and in accordance with the accepted
principles of sound management practices (and in conformance with GAAP) as applied to the operation, repair and maintenance of Comparable Buildings, but excluding (aa) costs to expand the Net Rentable Area of any Property, (bb) except as otherwise
expressly required by this Lease, costs to upgrade or improve the general character or quality of any Property or (cc) for any Property when Tenant’s Occupancy Percentage is greater than thirty-five percent (35%), costs to replace (and not
repair or maintain) any major equipment or system unless approved by Tenant in a final Budget; 
  
 (viii) the cost of all insurance premiums (a) required to be obtained by Landlord pursuant to this Lease or (b) customarily obtained by
the owners of Comparable Buildings, including the cost of casualty and liability insurance, rental loss insurance for the Property, insurance on Landlord’s personal property located in and used in connection with the operation of the Property
and insurance covering losses resulting from perils and acts of terrorism on terms specified in Article VI or as otherwise specified from time to time by Landlord; 
  
 (ix) fair market management fees to the property manager for the Property and fair market rentals for a
reasonably sized management office (if located in the Property); provided that in no event shall Operating Expenses include any costs attributable to a Building leasing office, and any space used for leasing and management functions shall be
reasonably allocated between leasing and management functions for purposes of the pass-through of rental of the on-site management office; 
  
 (x) costs of Remedial Work to the Common Areas (excluding Floor Common Areas on floors not leased in whole or in part by Tenant); provided
that Landlord shall not be permitted to include any such costs as Operating Expenses unless (A) Landlord’s failure to perform the Remedial Work constitutes a violation of Legal Requirements, (B) Landlord is required to perform the Remedial Work
by any notice of violation, order, decree, permit, rule or regulation issued by any Governmental Authority or (C) Landlord’s failure to perform the Remedial Work would, in Landlord’s reasonable opinion, endanger the health, safety or
welfare of any person on or about the Properties; 
  
 (xi) HVAC service for the Common Areas (excluding Floor Common Areas on floors not leased in whole or in part by Tenant) as reasonably determined by Landlord using a consistently applied method of allocation; 
  
 (xii) the cost of operating, repairing, maintaining and
cleaning the Parking Areas; and 
  

 25 

 (xiii) the cost of rental (a) under any ground or underlying lease or leases existing on
the Commencement Date for all or any portion of any Property and (b) under any ground or other underlying lease or leases hereafter entered into by Landlord for Parking Areas and other Common Area facilities that are made available for Tenant’s
use and are, in fact, used by Tenant, but only for so long as Tenant continues such use. 
  
 For purposes of this Section 2.2(b), the phrase “as reasonably allocated by Landlord” shall mean as allocated by Landlord on a reasonable and consistent basis based upon time, square footage or other
comparative measure that fairly reflects the Property’s appropriate share of such costs and in a manner that does not result in a profit to Landlord or result in a disproportionate burden to Tenant. 
  
 (c) Anything in the foregoing provisions hereof to the contrary
notwithstanding, Operating Expenses shall not include the following: 
  
 (i) repairs or other work occasioned by fire, windstorm or other casualty, the costs of which are reimbursed to Landlord by insurers (or would have been so reimbursed to Landlord if Landlord had been in full
compliance with the insurance provisions of this Lease) or by Governmental Authorities in eminent domain or by others; provided that in the event of a loss, the amount of the loss not reimbursed (including the amount of applicable deductibles) shall
be includable in Operating Expenses; 
  
 (ii)
marketing costs, leasing commissions, broker fees, legal fees, costs and disbursements and other expenses incurred in connection with negotiations or disputes with tenants and prospective tenants, or other occupants of the Properties and all other
legal fees, whether or not in connection with the foregoing; 
  
 (iii) costs incurred in renovating or otherwise improving or decorating or redecorating space for tenants or other occupants of the Properties or vacant space in the Buildings (including any allowances or inducements
made to the tenants and prospective tenants or other occupants or any costs for Remedial Work or compliance with Legal Requirements for such tenants or such space); 
  
 (iv) except to the extent that the same are expressly provided in Section 2.2(b), costs incurred by
Landlord for alterations and replacements and other costs incurred of a capital nature, including capital improvements, capital repairs, capital equipment and capital tools that are considered capital expenditures under GAAP; 
  
 (v) amortization (except as set forth in Section
2.2(b)(vii)) and depreciation; 
  
 (vi)
expenses in connection with providing Above Standard Services or similar services or benefits that are not Building Standard Services to Tenant or to any other occupants of the Properties; 
  
 (vii) costs incurred due to the violation by Landlord or any
tenant or other person (other than Tenant, its agents, employees or contractors) of the terms and conditions of any lease or other agreement pertaining to the Properties or of any Legal Requirement; 
  

 26 

 (viii) fines or penalties incurred due to the Properties being in violation of Legal
Requirements; 
  
 (ix) costs incurred due to acts
of any tenant causing an increase in the rate of insurance on the Building or its contents; 
  
 (x) overhead and profit increment and other fees (including management fees or rental for a management office) paid to Landlord or
subsidiaries or affiliates of Landlord or its partners for services on or to the Property, to the extent that the costs of such services exceed competitive costs for such services rendered by persons or entities of similar skill, competence and
experience, other than Affiliates of Landlord; 
  
 (xi) property management fees at any Property in excess of two and one-half percent (2.5%) of Gross Revenues for such Property; except that for all Tenant Managed Properties, all property management fees shall be excluded from Operating
Expenses, and, in lieu thereof, (A) Tenant shall be solely responsible for paying the property management fees due the Tenant Designated Submanager and (B) Tenant shall pay Landlord a property management fee equal to one percent (1%) of Gross
Revenue for such Tenant Managed Property that is paid by Tenant minus one and one-half percent (1.5%) of Gross Revenue, if any, for such Tenant Managed Property that is paid by non-Tenant sources; 
  
 (xii) principal, points, fees and interest on any debt;

  
 (xiii) rental under any ground or underlying
lease or leases hereafter entered into by Landlord, except for rentals under leases for Parking Areas or other Common Area facilities that are made available for Tenant’s use and are, in fact, used by Tenant; 
  
 (xiv) Landlord’s general overhead and administration
expenses; 
  
 (xv) any compensation paid to
clerks, attendants or other persons in commercial concessions operated for profit by Landlord; 
  
 (xvi) any cost or expense to the extent Landlord is entitled to payment or reimbursement from any tenant (including Tenant), insurer or
other person (other than through payment of its proportionate share of Operating Expenses) or for which any tenant (including Tenant) pays third persons; 
  
 (xvii) costs incurred in installing, operating and maintaining any specialty facility such as an observatory, broadcasting facilities
(other than the Building’s music system, life support and security system), and to the extent not available to Tenant (or, if available to Tenant, Tenant nevertheless elects not to (and does not) utilize the same), the costs of any luncheon
club, athletic or recreational club or facility, net of revenues generated thereby; 
  
 (xviii) Intentionally Omitted; 
  

 27 

 (xix) any fines, penalties, legal judgments or settlements or causes of action by or
against Landlord; and 
  
 (xx) Real Estate Taxes
and any fines, penalties or interest payable in connection therewith. 
  
 (d) Landlord shall use its reasonable efforts to make payments on account of Operating Expenses in a time and manner to obtain the appropriate discounts or rebates available. Landlord shall operate the Properties in an efficient manner and
exercise reasonable efforts to minimize Operating Expenses consistent with maintaining services at a level consistent with Comparable Buildings. In addition, with respect to janitorial services for the Leased Premises only, Tenant shall have the
right, upon sixty (60) days written notice to Landlord, to separately contract for such services. If Tenant makes such election, Operating Expenses shall exclude the cost of providing janitorial services to other tenants and occupants of the
Building and all other portions of the Property (except for Common Areas) during the period of time that Tenant separately contracts for its own janitorial services, and the calculation of Tenant’s Operating Expense Share shall be adjusted so
that Tenant receives the benefit of an appropriate credit for its payment of janitorial expenses allocable to its Leased Premises. 
  
 (e) In the event any Property is not one hundred percent (100%) occupied during any year, appropriate adjustments shall be made (on a consistent basis
from Lease Year to Lease Year) to those components of Operating Expenses which vary with Building occupancy, so as to calculate Operating Expenses as though the Building had been one hundred percent (100%) occupied in such year. The average
percentage of Building occupancy during any Lease Year shall be determined (on a Property by Property basis) as a fraction, the numerator of which is the sum of the Net Rentable Area of total leased space in the Building at the Property on the first
day of each month during such year divided by twelve (12) and the denominator of which is the Net Rentable Area of the Building at the Property. The foregoing notwithstanding, Landlord shall not (i) recover from Tenant more than Tenant’s
Occupancy Percentage of the grossed-up Operating Expenses for a Property or (ii) recover from Tenant and other tenants of any Property an amount in excess of one hundred percent (100%) of the total Operating Expenses paid or incurred by Landlord
with respect to such Property. 
  
 (f) Within one hundred twenty
(120) days after the end of each calendar year during the Term or as soon thereafter as possible in the exercise of reasonable diligence, Landlord shall provide Tenant a statement (the “Operating Expense Statement”) prepared by
Landlord showing Operating Expenses for such calendar year broken down by component expenses, in reasonable detail, and calculating Tenant’s Operating Expense Share for the applicable year and the prior year. The Operating Expense Statement
shall be certified by Landlord’s group controller or other officer knowledgeable of the facts certified to therein that, to the best of his or her knowledge, the Operating Expense Statement has been prepared in accordance with the definitions
and provisions pertaining to Operating Expenses contained in this Lease. In the event that an Operating Expense Statement indicates that Tenant owes Landlord additional amounts on account of Tenant’s Operating Expense Share for said calendar
year, Tenant shall pay the amount due within thirty (30) days after delivery of the Operating Expense Statement. Notwithstanding any other provision of this Lease, Landlord shall be estopped from amending, and hereby waives the right to amend, any
Operating Expense Statement not amended by 

  

 28 

 
Landlord within three (3) years after the end of the calendar year to which said Operating Expense Statement applies, nor shall Landlord have the right
through any other procedures or mechanism to collect any Operating Expense not included on the pertinent Operating Expense Statement after the third anniversary of the last day of the calendar year to which said Operating Expense Statement applies,
unless before said third anniversary Landlord has delivered to Tenant a revised Operating Expense Statement reflecting such revised Operating Expense (with a reasonably detailed explanation of the reasons for any such revision) and made a written
demand for payment of said Operating Expense. 
  
 (g) Any
Operating Expense Statement or other notice from Landlord pursuant to this Section 2.2 shall be subject to Tenant’s rights of review and audit set forth in Section 2.4. Pending the resolution of any dispute, however, Tenant shall
make payments in accordance with said Operating Expense Statement or other notice. 
  
 2.3 Real Estate Taxes. 
  
 (a) Tenant shall pay to
Landlord, as Additional Rent, an amount equal to Tenant’s Occupancy Percentage of Real Estate Taxes for each Property that become due and payable during the Term of this Lease as hereinafter provided. Landlord shall deliver to Tenant a copy of
each Real Estate Tax invoice received by Landlord, together with a written statement (“Tax Statement”) setting forth (i) the amount of the Real Estate Taxes set forth on the invoice, (ii) the Property for which such Real Estate
Taxes relate and (iii) Tenant’s Occupancy Percentage of such Real Estate Taxes, prorated on a per diem basis if only a part of the period for which such Real Estate Taxes relate falls within the Term of this Lease and, with respect to Real
Estate Taxes for which a discount is available for early payment, discounted to reflect the greatest possible discount available to Landlord for such early payment, regardless of when such taxes are actually paid and regardless of whether Landlord
actually obtains a discount for early payment (the amount so payable by Tenant with respect to each such invoice and in the aggregate, as applicable, “Tenant’s Tax Share”). Tenant shall pay Tenant’s Tax Share to Landlord
within thirty (30) days following Tenant’s receipt of the Tax Statement evidencing same. 
  
 (b) “Real Estate Taxes” shall mean all real estate taxes, assessments and other governmental levies and charges, general and special, ordinary or extraordinary, of any kind and nature (including any
interest on such assessments whenever the same are permitted to be paid in installments) which may presently or hereafter be imposed, levied, assessed or confirmed by any lawful taxing authorities which may become due and payable out of or for, or
which may become a lien or charge upon or against the whole, or any part, of the Properties, including taxes imposed on (i) the gross rents or gross receipts (but not the net income) of the Properties and (ii) personal property in the Properties
owned by Landlord and used in connection with the Properties, but only to the extent that the same would be payable if the Properties were the only property of Landlord. If at any time during the Term the present system of ad valorem taxation of
real property is changed or supplemented so that in lieu of or in addition to the ad valorem tax on real property there shall be assessed on Landlord or the Properties any tax of any nature that is imposed in whole or in part, in substitution for,
addition to, or in lieu of any tax that would otherwise constitute a Real Estate Tax, such tax shall be included within the term “Real Estate Taxes,” but only to the extent that the same would be payable if the Properties were the only

  

 29 

 
property of Landlord. Such taxes may include a capital levy or other tax on the gross rents or gross receipts (but not the net income) of the Properties or
similar tax, assessment, levy or charge measured by or based, in whole or in part, upon any such gross rents or gross receipts. There shall be excluded from Real Estate Taxes (i) any realty transfer or similar taxes imposed on Landlord, (ii) taxes
and assessments attributable to the personal property of other tenants, (iii) federal, state and local taxes on income, (iv) death taxes, (v) franchise taxes and (vi) any taxes (but not including ad valorem property taxes) imposed or measured on or
by the net income of Landlord from the operation of the Property or imposed in connection with any change of ownership of the Property. In no event shall Real Estate Taxes be included on the amount, if any, by which the value of leasehold
improvements of any other tenant of the Building hereafter made (or leasehold improvements already existing and separately charged as an expense to be paid by such tenant) exceed the value of leasehold improvements generally found in the Building.
In the case of Real Estate Taxes that may be paid in installments, only the amount of each installment accruing during a calendar year shall be included in Real Estate Taxes during each calendar year. 
  
 (c) At Tenant’s request so long as Tenant’s Occupancy Percentage at
a Property is at least thirty-five percent (35%), Landlord shall contest or appeal the validity or amount of Real Estate Taxes for such Property by appropriate proceedings. Landlord may also contest or appeal the validity or amount of Real Estate
Taxes for any Property on Landlord’s own initiative. Tenant shall pay as Additional Rent Tenant’s Occupancy Percentage of Landlord’s reasonable, out of pocket expenses incurred in any such appeal. Real Estate Taxes with respect to a
Property that is the subject of an appeal filed by or on behalf of Landlord shall be paid on the basis of the amount reflected in the tax bill and shall not be adjusted until the final determination of the appeal. Within thirty (30) days following
such final determination, Landlord will refund to Tenant, or Tenant shall pay to Landlord, as applicable, the difference, if any, between Tenant’s Tax Share payments previously made by Tenant and the finally determined amount of Tenant’s
Tax Share. 
  
 (d) Any Tax Statement or other notice from Landlord
pursuant to this Section 2.3 shall be subject to Tenant’s rights of review and audit set forth in Section 2.4. Pending the resolution of any dispute, however, Tenant shall make payments in accordance with said Tax Statement or
other notice. 
  
 2.4 Budget; Audit Rights. 
  
 (a) On or before June 1 of each calendar year during the Term of this Lease,
Landlord shall deliver to Tenant for Tenant’s review and comment, a written estimate in reasonable detail of the projected budget for Operating Expenses and Real Estate Taxes for each Property for the next succeeding calendar year (the
“Budget”). The Budget shall show (i) the estimated amount of Operating Expenses, Tenant’s Operating Expense Share, Real Estate Taxes and Tenant’s Tax Share for each Property, for the next succeeding calendar year, (ii) the
estimated amount for each major category of expense that is expected to be included in Operating Expenses for each Property during the next succeeding calendar year, including on a Property by Property basis, any items that constitute capital
expenditures in accordance with this Lease and the amount thereof to be amortized during such calendar year, (iii) the estimated rates to be charged by Landlord for Above Standard Services for each Property for which Tenant has requested the 

  

 30 

 
same during the next succeeding calendar year and (iv) the actual amounts for all such items for the prior calendar year. It is understood and agreed by
Landlord and Tenant that the Operating Expenses and Real Estate Taxes in the Budget shall be estimated on a reasonable good faith basis taking into consideration, among other things, the actual Operating Expenses and Real Estate Taxes for the then
current calendar year, a good faith estimate of the rate of cost increases during the then current calendar year, the actual known prospective increases to each item in the Budget and a good faith estimate for contingencies for the next succeeding
calendar year. Tenant may disapprove a portion of a proposed Budget only if such portion of the Budget fails to reflect the reasonable and necessary Operating Expenses and Real Estate Taxes to operate, repair and maintain the Properties in
conformity with the requirements of this Lease and in accordance with the accepted principles of sound management practices as applied to the operation, repair and maintenance of Comparable Buildings; provided that for any Property when
Tenant’s Occupancy Percentage is greater than thirty-five percent (35%), (i) Tenant may disapprove Landlord’s decision to replace (and not repair or maintain) any major equipment or system unless Landlord establishes, by certification of a
qualified engineer for whom Tenant has no reasonable objection, that the equipment or system in question is beyond its useful life and that continued repair or maintenance (and not replacement) is not commercially practicable and (ii) Tenant may
require Landlord to replace (and not repair or maintain) any major equipment or system if Tenant establishes, by certification of a qualified engineer for whom Landlord has no reasonable objection, that the equipment or system in question is beyond
its useful life and that continued repair or maintenance (and not replacement) is not commercially practicable. If Tenant disapproves a portion of a proposed Budget, Tenant shall so notify Landlord in writing, which notification shall state, in
reasonable detail, the item or items of the proposed Budget disapproved by Tenant and the basis for such disapproval. Landlord and Tenant shall negotiate in good faith to resolve any differences concerning any proposed Budget. Landlord shall deliver
to Tenant the proposed final Budget for the next succeeding calendar year and the calculation of Tenant’s Occupancy Percentage thereof on or before July 15 of each calendar year; provided that if Tenant fails to approve a proposed Budget on or
before July 1 of a preceding calendar year, and if the parties have been unsuccessful in their efforts to resolve any disagreements, either Landlord or Tenant may at any time thereafter submit the Budget for the next calendar year (or any portion
thereof) to dispute resolution in accordance with the provisions of Article XII of this Lease, and, in such event, Landlord shall deliver the final Budget to Tenant within thirty (30) days following the completion of the dispute resolution
process. Notwithstanding the foregoing, (i) if the dispute resolution process regarding the Budget is not completed by January 1 of the calendar year to which such proposed Budget relates, then (A) the costs set forth on the proposed Budget shall be
used for all items not the subject of a dispute, and (B) to the extent applicable, the prior year’s budgeted costs shall be used for all items of a proposed Budget that are the subject of a dispute and (ii) in the event that the actual
Operating Expenses or Real Estate Taxes incurred by Landlord during a calendar year exceed Landlord’s estimated Operating Expenses and Real Estate Taxes (including contingencies) for such year as set forth on an approved Budget, Landlord may
prepare and submit a revised Budget to Tenant for Tenant’s review and approval (but not more frequently than once during any calendar year). Upon completion of the dispute resolution process, the new year’s Budget shall be correspondingly
adjusted and Tenant’s monthly payment of Tenant’s Operating Expense Share shall likewise be adjusted. If Landlord determines during the course of a calendar year that a Building is in need of capital repairs, replacements or improvements
that are not included in the approved Budget for such Building 

  

 31 

 
for such calendar year, Landlord shall so advise Tenant, and Tenant shall review and approve or disapprove the proposed capital repair, replacement or
improvement in conformity with the procedures outlined in this Section 2.4(a) as if such repair, replacement or improvement were originally included by Landlord as part of the budget process described above. 
  
 (b) Tenant, at Tenant’s sole cost and expense, shall have the right, to
be exercised by notice given to Landlord within three (3) years after receipt of an Operating Expense Statement, Tax Statement or other invoice, to audit and/or inspect that portion of Landlord’s books and records pertaining to such Operating
Expenses, Real Estate Taxes or other components of Additional Rent, as applicable, for such calendar year; provided such audit and/or inspection commences within ninety (90) days after Tenant’s notice to Landlord and thereafter proceeds
reasonably to conclusion, and further provided that Tenant may audit any single year only once unless Landlord has subsequently made revisions to any Operating Expense Statement, Tax Statement or other components of Additional Rent that impact
Tenant’s Operating Expense Share, Tenant’s Tax Share or other Additional Rent payment. Tenant may conduct such audit and/or inspection of Landlord’s books with Tenant’s own employees, or through an accountant or other agent
selected by Tenant, or both in combination. Tenant shall require any accountant or agent selected by Tenant to conduct or assist in such audit and/or inspection to execute and deliver to Landlord a confidentiality agreement substantially in the form
attached hereto as Exhibit C. Landlord agrees to cooperate in good faith with Tenant in the conduct of any such audit and/or inspection, and to make Landlord’s books and records of and relating to Operating Expenses, Real Estate Taxes or
other components of Additional Rent, as applicable, available to Tenant or Tenant’s agents at one (1) single location. If Tenant’s audit and/or inspection shows that Landlord’s calculation of Tenant’s Operating Expense Share,
Tenant’s Tax Share or other components of Additional Rent for the audited/inspected calendar year or years (which shall in no event be prior to the two (2) calendar years immediately preceding the most recently completed calendar year) was
overstated by more than four percent (4%) with respect to any Property, then Landlord shall pay, within thirty (30) days after Tenant’s request, Tenant’s actual reasonable audit/inspection out-of-pocket fees applicable to the
audit/inspection of said calendar year statements for such Property. Upon completion of the audit and/or inspection, if the calculation of Tenant’s Operating Expense Share, Tenant’s Tax Share or other components of Additional Rent
indicates that Tenant overpaid Rent for any audited calendar year, Landlord shall pay Tenant (in the form of a credit against Rent next due or, upon expiration of this Lease, in the form of Landlord’s check within thirty (30) days after the
completion of such audit and/or inspection) an amount equal to such overpayment. In the event of any such audit or inspection, Landlord shall cause the books and records to be made available during such normal business hours as are prescribed by
Landlord at Landlord’s headquarters or main office, which shall be located in the continental United States. In any case, should Landlord disagree with the results of Tenant’s audit, Landlord and Tenant shall refer the matter to a mutually
acceptable independent certified public accountant, who shall work in good faith with Landlord and Tenant to resolve the discrepancy. The fees and costs of such independent accountant to which such dispute is referred shall be borne by the
unsuccessful party and shall be shared pro rata to the extent each party is unsuccessful as determined by such independent certified public accountant, whose decision shall be final and binding. 
  

 32 

 ARTICLE III 
 BUILDING SERVICES, IDENTITY, SIGNAGE, AND MANAGEMENT 
  
 3.1 Building Standard and Above Standard Services. During the Term, Landlord shall furnish the following services to Tenant: 
  
 (a) Building Standard Services. Landlord shall furnish the following services to Tenant during the Term
(“Building Standard Services”), all of which shall comply with and shall be subject to Legal Requirements and, except as expressly provided to the contrary in this Section 3.1(a) or in any Lease Supplement, shall be equal to
or exceed services customarily provided for Comparable Buildings: 
  
 (i) At all times, hot (i.e., thermostat set in the range of 105° to 110° Fahrenheit for comfort and energy conservation purposes but with the capability to produce hot water for specified purposes at 140°
Fahrenheit if requested by Tenant) and cold domestic water in all restrooms, drinking fountains, kitchen and pantry areas within the Leased Premises and all common use restrooms, kitchen and pantry areas at locations provided for general use;

  
 (ii) During Building Operating Hours, HVAC
sufficient to maintain temperatures that are reasonably required for comfortable use and occupancy of all portions of the Leased Premises designed for occupancy by persons; provided that Landlord shall have the right, but not the obligation, at
Landlord’s sole cost and expense, to install and operate such utility submeters as Landlord deems necessary to measure utility demand and usage within and outside the Leased Premises (and, in such event, (A) Tenant shall pay Tenant’s
allocable share of any such submetered costs as Additional Rent at Landlord’s actual cost of providing the same, without mark-up and reflecting the largest possible bulk-purchase or other discounts available to Landlord from the utility
provider and (B) all such submetered utility costs shall be excluded from Operating Expenses as provided in Section 2.2(b)(iii)); 
  
 (iii) Electric lighting service for all Common Areas, including the Parking Areas, in conformity with the practices for each Property on
the Commencement Date as set forth in the applicable Lease Supplement; 
  
 (iv) Janitorial service to the Leased Premises in conformity with the janitorial specifications for each Property as set forth in the applicable Lease Supplement; 
  
 (v) Access control services for the Properties and the
Buildings providing Tenant and its employees access to the Leased Premises and the Common Areas at all times; provided that Tenant shall have the right, at Tenant’s sole cost and expense, to install and operate such additional access control
systems as it shall determine desirable for the purpose of limiting access to or within the Leased Premises, so long as any additional access control systems installed by Tenant are monitored and maintained by Tenant at Tenant’s sole expense;

  
 (vi) At all times, dedicated electrical
capacity, transformed to a panel box located in the core of each floor of the Leased Premises or to the location of the panel 

  

 33 

 
boxes servicing the Leased Premises on the Commencement Date, in an amount not less than the dedicated capacity available to the Leased Premises on the
Commencement Date; provided that Landlord shall have the right, but not the obligation, at Landlord’s sole cost and expense, to install and operate such utility submeters as Landlord deems necessary to measure utility demand and usage within
and outside the Leased Premises (and, in such event, (A) Tenant shall pay Tenant’s allocable share of any such submetered costs as Additional Rent at Landlord’s actual cost of providing the same, without mark-up and reflecting the largest
possible bulk-purchase or other discounts available to Landlord from the utility provider and (B) all such submetered utility costs shall be excluded from Operating Expenses as provided in Section 2.2(b)(iii)); 
  
 (vii) Security for the Projects, Buildings and Common Areas,
including any Parking Areas, substantially similar to the security services existing immediately prior to the Commencement Date; provided that Tenant is solely responsible for compliance with all Legal Requirements in effect from time to time
pertaining to banking security systems, devices, services, equipment and procedures for the Leased Premises and that Landlord shall have no responsibility or liability therefor; further provided that at Major Properties, for so long as Tenant’s
Occupancy Percentage at such Major Property is fifty percent (50%) or greater, Tenant shall have the right, at Tenant’s election, to assume responsibility for and provide security for such Major Properties and the Buildings and Common Areas
thereat, including any Parking Areas. The security services provided by Tenant shall be at a level substantially similar to the level of security services existing at the Major Property immediately prior to the Commencement Date or, if greater, at a
level then commensurate with Comparable Buildings. The cost of providing security at such Major Properties shall be paid (or reimbursed to Tenant) by Landlord as an Operating Expense, except that if Tenant desires security services in excess of
those commensurate with the prevailing standard as provided above, Tenant shall bear the cost for such additional security as Above Standard Services Rent. 
  
 (viii) All bulb replacement in all Common Areas and Building Standard bulb replacement in the Leased Premises, it being understood that
replacement of all fluorescent, incandescent, halogen and other types of bulbs in all fixtures existing in the Leased Premises as of the Commencement Date shall be deemed to be Building Standard and that Landlord shall not be obligated to replace
any bulbs in Tenant’s furniture or furnishings in the Leased Premises; 
  
 (ix) At all times, elevator cab passenger service to the Leased Premises, subject to temporary cessation for ordinary repair and maintenance (but as to each floor of the Leased Premises, such temporary cessation for
ordinary repair and maintenance shall not occur simultaneously for all passenger cabs serving such floor), and to security measures or other means of controlling access imposed by Landlord after Building Operating Hours, on Holidays and during times
when life safety systems override normal building operating systems; 
  
 (x) Maintenance and cleaning of the Properties, Building and Common Areas, including the Common Areas on each floor of the Building on which any part of the 

  

 34 

 
Leased Premises are situated, the Parking Areas and all exterior landscaped areas in and around the Property; 
  
 (xi) During Building Operating Hours, shared access to and
use of, in common with Landlord and other tenants of the Building, a loading dock facility for the Building (if and to the extent that such facility exists on the Commencement Date), subject to such reasonable rules and regulations as are
promulgated by Landlord from time to time pursuant to Section 4.4; 
  
 (xii) At all times, sanitary sewer service to the Leased Premises and Common Areas facilities; and 
  
 (xiii) Trash removal from the Property at designated locations. 
  
 All costs incurred by Landlord in connection with providing Building Standard Services shall be included in Operating Expenses. 

 
 The foregoing provisions of this Section 3.1(a) notwithstanding, the enumeration of
particular building services is not a representation or agreement by Landlord that each Building Standard Service is available in specific quantities or amounts, or to particular standards or specifications at each Property. Landlord and Tenant
acknowledge that Tenant owned and operated each of the Properties prior to the Commencement Date and Tenant is fully aware of the capabilities and limitations of the Building systems. Nothing herein shall be deemed to be a covenant or agreement of
Landlord, or a representation or warranty of Landlord, express or implied, that Landlord shall improve the level of service provided by existing Property systems. With respect to the Building Standard Services referenced in Section 3.1(a)(i),
(ii), (v) and (ix), Landlord shall furnish such services in such quantities and at such levels that are at least equal to the quantities and levels being furnished at each Property immediately prior to the Commencement Date, with Tenant
acknowledging and agreeing that Landlord shall not be required to provide during the Term greater quantities or higher levels of service than is capable of being provided with the machinery, equipment and systems that existed immediately prior to
the Commencement Date and that Landlord has no obligation to replace or improve such machinery, equipment or systems other than in the ordinary course as may be consistent with sound building management practices or as required by Section
5.5. 
  
 (b) If Tenant requires electrical energy for use in
the Leased Premises in excess of the capacities described in Section 3.1(a)(vi), and if electric energy for such additional requirements is available to Landlord, Landlord shall, upon Tenant’s request and at Tenant’s sole cost and
expense, furnish and install such additional wires, risers, conduits, feeders, switchboards and circuit panels as reasonably may be required to supply such additional requirements of Tenant. If any portions of the Leased Premises or any of
Tenant’s electrical equipment requires HVAC service in excess of Building Standard HVAC service, the same shall be installed, or the installation supervised by Landlord, on Tenant’s behalf, and Tenant shall pay all design, installation,
submetering, repair, maintenance, replacement and operating costs relating thereto, unless such HVAC service is used in common with other tenants of the Building, in which event such costs shall be reasonably allocated by Landlord among Tenant and
such other tenants. The location and specifications of any such supplemental HVAC units shall be subject to Landlord’s 

  

 35 

 
prior written approval, which approval may not be unreasonably withheld or delayed. In connection with the operation of any supplemental HVAC units serving
the Leased Premises, to the extent a particular Property shall have available chilled water capacity, during Building Operating Hours Tenant may use such available chilled water for said supplemental HVAC units, and Landlord shall not charge Tenant
for such service. If Tenant shall require chilled water service in amounts not otherwise available or during other than Building Operating Hours, Tenant shall pay Landlord for the cost of providing such services as Above Standard Services Rent.

  
 (c) If and to the extent requested by Tenant from time to time
and to the extent the same are reasonably available, Landlord shall provide Tenant with services in excess of Building Standard Services as described in Section 3.1(a) (“Above Standard Services”). All of the costs incurred by
Landlord in connection with providing any special Tenant services shall be paid by Tenant as Above Standard Services Rent, including costs that would not have been incurred but for Tenant’s request for Above Standard Services. Landlord’s
charges for Above Standard Services shall be established and revised from time to time by Landlord on a Property by Property basis; provided that at no time shall Landlord’s charges for Above Standard Services exceed Landlord’s actual
out-of-pocket costs, nor shall Landlord (i) include any overhead or profit in the calculation of Above Standard Services costs or (ii) charge Tenant at a higher rate for Above Standard Services than Landlord charges any other tenant of a Building
for comparable services. All amounts collected by Landlord from Tenant and any other party to provide Above Standard Services or similar services shall be used to reduce Operating Expenses to the extent that the cost of providing the same were
included in the calculation of Operating Expenses. 
  
 (d)
Landlord shall furnish Tenant at least twenty four (24) hours prior written notice of any non-emergency suspension or interruption in the Building Standard Services scheduled by Landlord for routine repairs or maintenance; provided that if such
suspension or interruption will render the Building Common Areas or the Leased Premises inaccessible, without electric power, without cold domestic water or sanitary sewer service or otherwise untenantable in the ordinary course, Landlord shall
endeavor to provide Tenant with not less than ninety (90) days’ prior notice thereof. 
  
 (e) To the extent the services described in this Section 3.1 require electricity, water or other utility services supplied by public utilities, Landlord shall not be deemed to be in breach of Landlord’s
covenants hereunder because of the failure of a public utility to supply the required services so long as Landlord uses reasonable efforts to cause the applicable public utilities to furnish the same. Except as expressly provided in Section
3.1, failure by Landlord to furnish the services described in this Section 3.1, or any cessation thereof for reasons beyond Landlord’s control, shall not render Landlord liable for damages to either person or property, nor be
construed as an eviction of Tenant, nor work an abatement of Rent, nor relieve Tenant from fulfillment of any covenant or agreement hereof. In addition to the foregoing and except as otherwise provided below, should any of the equipment or
machinery, for any cause, fail to operate or function properly, Tenant shall have no claim for a rebate of Rent or for damages on account of any interruption in services occasioned thereby or resulting therefrom so long as Landlord uses reasonable
efforts to promptly repair said equipment or machinery and to restore said services. 
  

 36 

 (f) Notwithstanding the foregoing, in the event Landlord fails to provide any of the services Landlord is
obligated to provide under this Lease, and if such failure adversely impacts Tenant’s use or enjoyment of the Leased Premises or any portion thereof (and Tenant actually ceases to use the affected area for business operations), and if such
failure of Landlord to provide services continues for more than three (3) consecutive business days after written notice from Tenant to Landlord and all Notice Parties for any reason (except due to Force Majeure Events or gross negligence or willful
misconduct of Tenant or Tenant’s agents, employees or contractors) (any such failure, a “Service Failure”), then all Rent due under this Lease for the affected portion of the Leased Premises at the affected Property or
Properties shall be abated for the entire duration of the Service Failure. In addition to Tenant’s foregoing rights, Tenant shall have the right, but not the obligation, to cure Services Failure in the manner expressed in Section 7.1(f)
and to recover the reasonable cost thereof from Landlord as expressed in Article XIII. 
  
 3.2 Keys and Locks. Tenant currently possesses keys and/or access cards, as applicable, for each lockset on doors entering the Leased Premises from public areas for use by its current employees maintaining
offices in the Leased Premises. Additional keys and/or access cards, including keys and/or access cards for new employees of Tenant and replacement keys and/or access cards for lost or damaged keys and/or access cards will be furnished by Landlord
upon an order signed by Tenant and at Tenant’s sole cost and expense. Tenant shall be permitted to install additional locks or other access control devices in the Leased Premises provided Tenant furnishes Landlord with a duplicate set of keys
or a master key and/or access cards to all such locks other than those locks securing Security Areas. Upon termination of this Lease, Tenant shall surrender to Landlord all keys and/or access cards to any locks on doors entering or within the Leased
Premises, and shall provide Landlord with the combination of all locks for safes, safe cabinets and vault doors, if any, within the Leased Premises; provided that if Tenant terminates this Lease with respect to less than all of the Leased Premises
at a Property and, at the time of such termination, the Leased Premises was served by an access control or other security system installed by Tenant in lieu of or in addition to the access control or security systems serving the Building generally,
Tenant shall have no obligation to cause the terminated portion of the Leased Premises to continue to be served by any such supplemental access control or security systems. 
  
 3.3 Graphics and Building Directory. 
  
 (a) On any full floor of the Leased Premises, and at each location within any Property where Tenant maintains such signage as of the Commencement Date,
Tenant may, using Tenant’s standard corporate signage and graphics (as Tenant may change its standard corporate signage and graphics from time to time) install and maintain on or adjacent to entrances to the Leased Premises Tenant’s name,
numerals and/or logo designating the appropriate suite numbers and departments occupying such floor. 
  
 (b) If the lobby of any Building contained a building directory on the Commencement Date, or if Landlord elects to install or construct a building
directory in the lobby of the Building at any time, then such building directory board shall contain a listing of Tenant’s name and such other information as Tenant shall reasonably require (including, at Tenant’s option, the names of all
of Tenant’s businesses, related entities, assignees, sublessees, and senior management), and Tenant shall be entitled to Tenant’s Occupancy Percentage, from time-to-time, of the space contained in such directory, which listings shall be
installed by Landlord at Tenant’s expense. 
  

 37 

 3.4 Building Identity; Signage; Exclusivity. 
  
 (a) During the Term of this Lease, for so long as the herein named Tenant, or its Affiliates, shall remain in possession of
at least five percent (5%) of the Net Rentable Area of a Property, or shall continue to operate a retail bank at such location, neither the Building name (if such Building is named for the herein named Tenant as of the Commencement Date), nor
Tenant’s exterior building signage (at all Properties) may be changed by Landlord without Tenant’s consent, which consent may be withheld in Tenant’s sole and absolute discretion. If a Property is named for the herein named Tenant as
of the Commencement Date and during the Term hereof Tenant’s corporate name, identity or logo is changed; provided that the herein named Tenant, or its Affiliates, shall remain in possession of not less than five percent (5%) of the net
Rentable Area of a Property, or shall continue to operate a retail bank at such location, Tenant shall have the right, upon ninety (90) days prior written notice to Landlord, to change the name of the Building (and/or any Building signage containing
such prior name or logo) to include the herein named Tenant’s new corporate name, identity, or logo; provided that Tenant shall pay for all signage costs and all of Landlord’s other out-of-pocket costs associated with the removal of the
old, and installation of the new, signage, and further provided that such new signage shall satisfy all applicable Legal Requirements and shall have been approved in advance by Landlord, such approval not to be unreasonably withheld or delayed. In
addition, at any time during or after the Term of this Lease Tenant shall have the right, in its sole and absolute discretion, upon ninety (90) days prior written notice to Landlord, to require Landlord to change the name of any Property so as to
remove Tenant’s identity therefrom; provided that Tenant shall pay for the cost of removing Tenant’s name from all Building signage. Tenant shall repair any damage to the interior or exterior of the Buildings caused by Tenant’s
installation, maintenance, use, relocation or removal of signage; provided that Tenant shall not be obligated to repair any damage to the interior or exterior of the Building caused by the removal of signage so long as Tenant, at Tenant’s sole
cost and expense, patches any holes or covers over (by sign blanks of similar size, shape and general appearance) such signage areas on the facades of the Buildings and on and in the other interior and exterior Common Areas. 
  
 (b) During the Term of this Lease, for so long as the herein named Tenant, or
its Affiliates, shall remain in possession of office space or shall continue to operate a retail bank at such location (i) Landlord may not remove or alter any Tenant signage or graphics existent on the Commencement Date (other than interior signage
or graphics on floors no longer leased, in whole or in part, by Tenant), (ii) the Project shall not be named for any other Building tenant, (iii) no other Building tenant shall have the right, without Tenant’s consent, which Tenant may grant or
withhold in Tenant’s sole discretion, to erect signage on the roof of the Building or at or around the top level of the exterior of the Building, (iv) no other Building tenant, other than retail tenants and tenants occupying one or more whole
floors within the Building, shall be permitted any exterior monument, pole or building-mounted signage and (v) all “For Sale” and “For Lease” signage and advertising shall indicate, if such be the case, that Tenant is not
vacating and will remain an occupant at the Building or, if Tenant is vacating the Building, such signage and advertising shall identify the date on which Tenant is anticipated to vacate the Building; provided that Landlord shall not post any
signage or make any advertisement indicating that Tenant intends to cease retail banking operations at a Property unless and until Tenant shall have made any required public announcements or given any required notices to depositors regarding such
event. 
  

 38 

 (c) During the Term of this Lease, for so long as the herein named Tenant, or its Affiliates, shall
remain in possession of at least thirty-five percent (35%) of the Net Rentable Area of a Property, or shall continue to operate a retail bank at such location, Landlord will not allow any portion of the Property (other than the portion of the
Property then leased to Tenant) to be used for any retail banking or savings and loan, without Tenant’s prior written consent, which consent may be withheld in Tenant’s sole and absolute discretion. For purposes of this Agreement, banking
and savings and loan shall mean any retail banking use or purpose, which shall include receiving deposits or making loans to the general public, whether done by a state bank, national bank, savings and loan association, trust company, credit union,
mortgage broker or company, or other entity, whether by walk-up, drive-in teller facility or otherwise. If Landlord shall intend to lease space to any other bank or savings and loan for the operation of a retail banking or savings and loan at a time
when the herein named Tenant, or its Affiliates, shall occupy less than thirty-five percent (35%) of the Net Rentable Area of a Property, and shall not operate a retail banking facility at the Building, Landlord shall advise Tenant of
Landlord’s intentions, and Tenant shall have the right, exercisable by notice in writing to Landlord within twenty (20) days following Landlord’s notice to Tenant, to re-lease and re-occupy the retail banking location at the Building at
the Rent last payable in respect of such Leased Premises, failing which Landlord may proceed with Landlord’s lease as proposed. 
  
 (d) During the term of this Lease, Tenant shall have the right, at Tenant’s expense, to erect and maintain such exterior building signage displaying
the corporate name, identity or logo of the herein named Tenant, or its Affiliates, as Tenant may from time to time desire, including monument signage at up to two (2) corners of the Land, and, in such event, Tenant will have the exclusive right to
place signage on any such monuments so erected by Tenant, subject to Landlord’s approval, which approval shall not be unreasonably withheld or delayed. In connection with its installation, repair, maintenance and removal of any exterior or
monument signage, Tenant, at Tenant’s sole cost and expense, shall comply with all Legal Requirements. 
  
 (e) Tenant’s retail banking exclusivity rights as described above at Section 3.4(c) also includes the exclusive right to place ATMs in the
Building, including all exterior areas of the Building and the Land. Tenant shall have the right, for no additional Rent, to place not more than five (5) ATMs at locations outside of the Leased Premises in and about the Common Areas of the Building
and the Land. There is no restriction on the number of ATMs that Tenant can maintain within the Leased Premises, including any Drive-Through Banking Facilities. However, except for any ATMs existing as of the Commencement Date, the plans and
specifications, and specific locations, for any ATMs located outside the Leased Premises are subject to Landlord’s prior written consent, which consent will not be unreasonably withheld or delayed. Tenant, at its expense, shall install,
maintain, operate and repair such ATMs in compliance with all Legal Requirements. At the expiration or earlier termination of this Lease, Tenant, at its expense, shall remove the ATMs in accordance with Section 5.3. 
  
 (f) Tenant’s exterior and monument signage existing as of the
Commencement Date is hereby deemed to be approved by Landlord. Any changes to the existing exterior and/or monument signage by Tenant (including changes to the location, size, shape, color, and content of the exterior and/or monument signage) shall
be subject to approval by Landlord, which approval may not be unreasonably withheld or delayed. Landlord agrees that Tenant shall have the right to change such signage in the event of a change in Tenant’s name, trade name or logo; 

  

 39 

 
provided that such new signage shall satisfy all applicable Legal Requirements and shall have been approved in advance by Landlord, such approval not to be
unreasonably withheld or delayed. 
  
 (g) Notwithstanding anything
to the contrary contained in this Lease, the rights granted to Tenant pursuant to Sections 3.3 and 3.4 shall be subject and subordinate to the rights of any Building tenants whose leases are in effect as of the Commencement Date. For
example purposes only, and not as a means of limitation, if an existing tenant’s lease (as in effect on the Commencement Date) requires such existing tenant’s approval for a change in the name of the Building, then Tenant may not cause the
name of the Building to change without such existing tenant’s approval. As another example, if an existing tenant’s lease (as in effect on the Commencement Date) provides for such existing tenant to place its name on exterior and/or
monument signage, then any exercise of such existing tenant’s rights shall not be deemed to be a violation of Tenant’s rights under this Lease. 
  
 3.5 Communications Equipment. 
  
 (a) Subject to the provisions of this Section 3.5, Tenant shall have the non-exclusive right, at its sole cost and expense and for Tenant’s
use, to install, maintain and operate upon the roof of the Building one (1) or a reasonable and necessary additional number of transmitters and/or receiver antennas or dishes approved by Landlord, which approval shall not be unreasonably withheld or
delayed (collectively, the “Communications Equipment”) for use by Tenant in the conduct of its business; provided that such Communications Equipment may not materially compromise the aesthetics or appearance of the Building nor
shall Landlord be required to incur any expense in accommodating the Communications Equipment. The Communications Equipment must be (i) designed, installed and operated in compliance with all Legal Requirements, and (ii) installed and operated so as
not to adversely affect or impact structural, mechanical, electrical, elevator, or other systems serving the Building or customary telephone service for the Building and so as not to cause injury to persons or property, and without limitation of the
foregoing, so as not to void or impair any applicable roof warranty. Upon the expiration or termination of this Lease, Tenant shall remove the Communications Equipment and repair any damage to the Building caused by the installation, maintenance,
use or removal of the Communications Equipment. 
  
 (b) Landlord
hereby grants to Tenant the right to install (at Tenant’s sole cost and expense) any additional equipment required to operate the Communications Equipment and to connect the Communications Equipment to Tenant’s other machinery and
equipment located in the Leased Premises (e.g., conduits and cables) in the shafts, ducts, chases and utility closets located in the core of the building (“Additional Equipment”), which Additional Equipment shall be deemed a part of
the Communications Equipment for all purposes of this Section 3.5; provided that (i) the use of such space in the Building core by Tenant (except customary chases for cabling) may not materially adversely affect the marketability of the
remaining space on any floor of the Building, and (ii) to the extent any such Additional Equipment occupies space (other than space in customary chases for the Building) that would have otherwise been Net Rentable Area on a floor of the Building,
such space shall be included within the Net Rentable Area of the Leased Premises and Tenant shall be obligated to pay Annual Basic Rent and Additional Rent with respect to such space as if such space was included in the Leased Premises.
Tenant’s use of 

  

 40 

 
such space in the Building core shall be subject to the provisions of this Lease relating to Tenant’s use of Common Areas of the Building. 

 
 (c) Subject to the Building Rules and other reasonable rules relating to
Building security and safety that may be promulgated by Landlord pertaining to access by tenants to the roof of the Building and provided Tenant does not unreasonably disturb any other tenants of the Building, Tenant and Tenant’s contractors
shall have reasonable access to the Communications Equipment and the Additional Equipment for purposes of operating, servicing, repairing or otherwise maintaining said equipment. 
  
 (d) Nothing contained in this Section 3.5 shall be deemed to prohibit or restrict any other individual or entity,
including Landlord or any other tenant of the Building, from installing communications equipment on the roof of the Building or to use the roof for any other purpose. 
  
 (e) In connection with its installation, repair, maintenance and removal of any Communications Equipment and Additional
Equipment, Tenant, at Tenant’s sole cost and expense, shall comply with all applicable Building Rules and Legal Requirements and repair any damage to the Building caused by such installation, repair, maintenance or removal. In the event that
the placement of Tenant’s Communications Equipment or Additional Equipment interferes with Landlord’s performance of any repair or maintenance to the Common Areas, including the roofs of the Buildings, any costs incurred by Landlord to
temporarily or permanently relocate and reinstall Tenant’s Communications Equipment or Additional Equipment shall be included in the cost of such repair or maintenance as a Operating Expense. 
  
 (f) Tenant’s Communications Equipment and Additional Equipment existing
as of the Commencement Date are hereby deemed to be approved by Landlord. Any changes to the existing Communications Equipment and/or Additional Equipment by Tenant shall first be approved by Landlord, which approval will not be unreasonably
withheld or delayed. 
  
 (g) If Landlord shall place on the roof
of any Building communications equipment of its own, or shall grant to any third party the right to locate and maintain any such equipment, all such equipment shall be located, designed and operated so as not to interfere with signals to and from
Tenant’s Communications Equipment and Additional Equipment, the installation of which, in accordance with this Section 3.5, predates the installation of such other equipment. Similarly, any Communications Equipment and Additional
Equipment hereafter installed by Tenant shall be located and designed so as not to interfere with signals to and from such other equipment belonging to Landlord or to third parties, that may have previously been installed. The party responsible for
the communications equipment which interferes with equipment previously installed by others shall be required, at its or their expense, to take all measures necessary to eliminate the source of interference caused by such party’s equipment.

  
 3.6 Building Management. The Properties shall be managed by Landlord;
provided that for so long as Tenant’s Occupancy Percentage at a Property shall be equal to or greater than ninety (90%), after consultation with Landlord to review Landlord’s property management qualifications and pricing, Tenant may in
its sole discretion elect, on a Property by Property basis, to cause such Property to be submanaged by a qualified property submanager designated by Tenant (any such submanager, a “Tenant Designated Submanager”), who shall provide

  

 41 

 
on-site and supervisory property management services for Landlord, Tenant and any third party tenants and other occupants at such Property (any Property with
a Tenant Designated Submanager, a “Tenant Managed Property”). At all Properties that are not Tenant Managed Properties, Landlord shall provide on-site and supervisory property management services either through an Affiliate of
Landlord or through a qualified third party property submanager designated by Landlord (any such Landlord Affiliate or submanager, a “Landlord Designated Submanager”). Landlord shall be and remain responsible for disbursement of
Operating Expense and Real Estate Tax payments at all Properties, including Tenant Managed Properties. Notwithstanding the foregoing, (a) Landlord shall not select a Landlord Designated Submanager for whom Tenant has a reasonable objection, (b)
Tenant shall not select a Tenant Designated Submanager for whom Landlord has a reasonable objection, (c) if a Landlord Designated Submanager persistently fails to perform its property management duties in a timely, complete and professional manner
that is consistent with the highest level of property management services provided at Comparable Buildings, Tenant may cause such non-performing Landlord Designated Submanager to be replaced by a Tenant Designated Submanager, in which event, at
Tenant’s election, the Property or Properties at which such replacement occurs shall become Tenant Managed Property and (d) if a Tenant Designated Submanager persistently fails to perform its property management duties in a timely, complete and
professional manner that is consistent with the highest level of property management services provided at Comparable Buildings, Landlord may cause such non-performing Tenant Designated Submanager to be replaced by a Landlord Designated Submanager,
in which event, at Landlord’s election, the Property or Properties at which such replacement occurs shall no longer be Tenant Managed Properties. Any disputes between Landlord and Tenant with respect to property management matters arising under
this Section 3.6 shall be subject to resolution as provided in Article XII and XIII. 
  
 ARTICLE IV 
 CARE OF PREMISES; LAWS, RULES AND REGULATIONS 
  
 4.1 Care of Leased Premises. Upon the expiration or any earlier termination of this
Lease, Tenant shall surrender the Leased Premises to Landlord in the same condition in which such Leased Premises existed on the Commencement Date, except for ordinary wear and tear and any casualty or condemnation damage not required to be repaired
or restored by Tenant pursuant to the terms of this Lease and subject to the provisions of Section 5.3 hereafter. Upon such expiration or termination of this Lease, Landlord shall have the right to re-enter and resume possession of the Leased
Premises immediately. 
  
 4.2 Access of Landlord to Leased Premises.
Subject to the provisions of this Section 4.2, Landlord and its contractors, agents or representatives may enter into and upon any part of the Leased Premises during reasonable hours as may be necessary to clean the same, make repairs,
alterations or additions thereto or otherwise perform Landlord’s obligations under this Lease, and, upon reasonable prior notice to Tenant, for the purpose of showing the same to existing or prospective purchasers or lenders. At any time during
the last twelve (12) months of the Term (including any Renewal Terms that Tenant has exercised) and promptly upon Landlord’s receipt of notice from Tenant of Tenant’s intent to terminate this Lease with respect to or otherwise vacate a
Leased Premises as herein provided, Landlord may, upon reasonable prior notice to Tenant, enter the Leased Premises to show the same to prospective tenants. With respect to any 

  

 42 

 
of the aforementioned entries by Landlord into and upon any part of the Leased Premises other than for emergencies or routine repairs or routine janitorial
service, Tenant shall be entitled to have a representative accompany Landlord. Tenant shall not be entitled to any abatement or reduction of Rent by reason of any such entry by Landlord. Landlord shall not interfere with the operation of
Tenant’s business during any such entry and Landlord shall use reasonable efforts to make any routine repairs requiring access to the Leased Premises after Building Operating Hours. Notwithstanding any of the foregoing, unless otherwise
instructed by Tenant in writing, Landlord shall not enter areas designated by Tenant as high security areas (the “Security Areas”) unless an emergency situation exists. All access by Landlord or any invitee of Landlord shall be
subject to applicable federal banking regulations. If the telecommunications demarcation point for the Building is located within the Leased Premises, then Landlord may, at Landlord’s option, at Landlord’s sole expense, relocate such
telecommunications demarcation point to a location outside of the Leased Premises, and make all necessary modifications to maintain Tenant’s then existing telecommunications service to the Leased Premises. If the telecommunications demarcation
point for the Building is located within the Leased Premises and if such location of the telecommunications demarcation point for the Building at any time in the future is deemed by Tenant to interfere with Tenant’s desired reconfiguration of
its use of or improvements in the Leased Premises, then Landlord shall, at Landlord’s sole expense, relocate such telecommunications demarcation point to a location outside of the Leased Premises, and make all necessary modifications to
maintain Tenant’s then existing telecommunications service to the Leased Premises, within a reasonable time after Tenant’s written request. If the telecommunications demarcation point for the Building is located within the Leased Premises,
then until Landlord relocates such telecommunications demarcation point to a location outside of the Leased Premises, Tenant shall allow Landlord and other tenants of the Building reasonable access to the telecommunications demarcation point as
required to connect telecommunication lines thereto, but each and any such access shall be subject to reasonable advance notice (not less than one (1) full business day, except in the case of emergencies), and shall be supervised by security
personnel acceptable to Tenant, Landlord shall be solely responsible for the cost of such security personnel, and Landlord shall reimburse Tenant, upon demand, for any and all additional costs incurred by Tenant because of such access. In no event
shall Landlord or any tenant of the Building other than Tenant be entitled to connect to, use, or in any way affect the operation of Tenant’s telecommunications equipment in the Leased Premises. 
  
 4.3 Nuisance. Tenant shall conduct its business and use reasonable efforts to control
its agents, employees, invitees, contractors and visitors in such a manner as not to create any nuisance, or unreasonably interfere with, or unreasonably annoy or disturb, any other tenant or Landlord in its operation of the Property. Landlord shall
operate the Properties and use reasonable efforts to control its agents, employees, invitees, contractors and visitors in such a manner as not to create any nuisance, or unreasonably interfere with, or unreasonably disturb Tenant in its occupancy of
the Leased Premises. 
  
 4.4 Laws and Regulations; Rules of Building.
Tenant shall comply with, and shall use its reasonable efforts to cause its employees, agents, visitors and invitees to comply with, all Legal Requirements relating to the use or occupancy of the Leased Premises, and with the rules of the Buildings
reasonably adopted and altered by Landlord from time to time for the safety, protection, care and cleanliness of the Leased Premises, the Buildings and the Properties, the operation thereof, the preservation of good order therein and the comfort of
the tenants of the 

  

 43 

 
Building and their agents, employees and invitees, consistent with Comparable Buildings, which rules and regulations shall be binding upon Tenant upon
Tenant’s receipt of notice of the adoption or alteration of such rules and regulations (the “Building Rules”). In the event of a conflict between the provisions of this Lease and the Building Rules, the provisions of this Lease
shall control. Landlord shall use its reasonable efforts to cause all tenants of the Buildings to comply with the Building Rules to the extent that failure to so comply will materially affect Tenant’s use or enjoyment of the Leased Premises.
Landlord shall not enforce the Building Rules with respect to Tenant in a manner that is more restrictive than Landlord’s enforcement of the Building Rules as to any other tenants of the Building. Landlord shall not enforce Tenant’s
compliance with Legal Requirements unless (a) Landlord’s failure to do so constitutes a violation of Legal Requirements by Landlord or makes Landlord liable for Tenant’s continuing violation, (b) Landlord is required to do so by any notice
of violation, order, decree, permit, rule or regulation issued by any Governmental Authority or (c) Landlord’s failure to do so would, in Landlord’s reasonable opinion, endanger the health, safety or welfare of any person on or about the
Leased Premises or the Properties. 
  
 4.5 Legal Use and Violations of
Insurance Coverage. Tenant shall not occupy or use the Leased Premises, or permit any portion of the Leased Premises to be occupied or used, for any business or purpose that (a) is unlawful, (b) creates noxious or offensive odors emanating from
the Leased Premises, or (c) does anything that would in any way increase the rate of fire insurance coverage on the Properties or its contents unless Tenant pays for the cost of such increased insurance premium. Tenant shall not cause or permit any
Hazardous Materials to be used, generated, treated, installed, stored or disposed of in, on, under or about the Leased Premises, except to the extent consistent with the customary and reasonable business practice of entities conducting businesses
similar to the business being conducted by Tenant in the Leased Premises; provided (i) such Hazardous Materials do not endanger the health of any person on or about the Leased Premises or the Properties and (ii) Tenant complies with all Legal
Requirements applicable to such Hazardous Materials. It is hereby agreed that possession and use of copy machines and machines used to electronically accept or produce written data which utilize small amounts of chemicals which may be included in
the definition of Hazardous Materials shall be considered “customary and reasonable business practices” within the meaning of the previous sentence. Landlord shall meet all of its obligations under this Lease so as to keep in force all
certificates of occupancy for the Properties generally and Tenant, if and to the extent required by Legal Requirements, shall meet all of its obligations under this Lease so as to keep in force certificates of occupancy for the Leased Premises.
Landlord shall comply with, and not violate, all applicable Legal Requirements to the extent relating to the Properties generally and any other Legal Requirements applicable to Landlord to the extent necessary to perform Landlord’s obligations
under this Lease (except to the extent that such Legal Requirement relates to a tenant’s obligations under its lease, in which case Landlord shall exercise reasonable efforts to cause compliance by such tenant), and Tenant, at its sole cost and
expense, shall comply with, and not violate, all applicable all Legal Requirements to the extent relating to the Leased Premises. Landlord shall not enforce Tenant’s compliance with Legal Requirements unless (a) Landlord’s failure to do so
constitutes a violation of Legal Requirements by Landlord or makes Landlord liable for Tenant’s continuing violation, (b) Landlord is required to do so by any notice of violation, order, decree, permit, rule or regulation issued by any
Governmental Authority or (c) Landlord’s failure to do so would, in Landlord’s reasonable opinion, endanger the health, safety or welfare of any person on or about the Leased Premises or the Properties. 
  

 44 

 4.6 Environmental Laws. 
  

(a) Tenant has conveyed the Properties to Landlord, and Landlord has accepted and acquired ownership of the Properties, pursuant to the Purchase
Agreement. As more fully therein expressed, Tenant has previously provided Landlord with various environmental reports and studies prepared by consultants and Landlord has acquired such further reports as Landlord determined necessary with respect
to the Leased Premises, including new or updated Phase I and, where applicable, Phase II environmental reports (collectively, with the reports and studies from Tenant, “Environmental Information”). The Environmental Information is
identified in summary fashion on Schedule 3 hereto. 
  
 (b)
Landlord hereby agrees to and does indemnify, defend, and hold harmless, Tenant and Tenant’s shareholders, officers, directors and their respective successors and assigns from and against any and all claims, demands, causes of action, fines,
penalties, costs, expenses (including attorneys’ fees and court costs), liens, or liabilities caused by, directly or indirectly relating in any way to, or arising from (i) any matters reported in the Environmental Information (the
“Environmental Matters”) as they relate to the Properties, (excluding the Leased Premises), or (ii) Hazardous Materials introduced on, in or under the Buildings or the Properties solely by Landlord, its agents, employees or
contractors after the Commencement Date; provided that the foregoing indemnity shall specifically exclude any and all claims, demands, causes of action, fines, penalties, costs, expenses (including attorneys’ fees and court costs), liens, or
liabilities caused by, directly or indirectly relating exclusively to or arising from Hazardous Materials introduced on, in or under the Properties after the Commencement Date solely by the acts of any party other than Landlord and Landlord’s
agents, employees and contractors. 
  
 (c) Tenant shall be solely
responsible for and shall undertake all Remedial Work required by any Governmental Authority or as necessary to comply with, and not violate, Legal Requirements arising from (i) Hazardous Materials on or in the Leased Premises (including the
Environmental Matters to the extent on or in the Leased Premises); or (ii) Hazardous Materials introduced on, in or under the Buildings or the Properties solely by Tenant, its agents, employees, invitees or contractors after the Commencement Date.
Landlord shall not enforce Tenant’s performance of Remedial Work unless (i) Landlord’s failure to do so constitutes a violation of Legal Requirements by Landlord or makes Landlord liable for Tenant’s continuing violation, (ii)
Landlord is required to do so by any notice of violation, order, decree, permit, rule or regulation issued by any Governmental Authority or (iii) Landlord’s failure to do so would, in Landlord’s reasonable opinion, endanger the health,
safety or welfare of any person on or about the Leased Premises or the Properties. 
  
 (d) Tenant hereby agrees to and does indemnify, defend, and hold harmless, Landlord and Landlord’s shareholders, officers, trustees and their respective successors and assigns from and against any and all claims,
demands, causes of action, fines, penalties, costs, expenses (including attorneys fees and court costs), liens, or liabilities caused by or directly or indirectly relating in any way to, or arising from (i) Hazardous Materials on or in the Leased
Premises (including the Environmental Matters) and (ii) arising from Hazardous Materials introduced on, in or under the Buildings, or the Properties solely by Tenant, its agents, employees, invitees or contractors after the Commencement Date.

  

 45 

 4.7 Prohibited Uses. 
  
 (a) Throughout the Term, Landlord shall not use, or permit the use of, the Properties (or any part thereof) for any Prohibited Uses. The term
“Prohibited Uses” shall mean (i) any use that emits an obnoxious odor, noise or sound that can be heard or smelled outside of the premises; (ii) any use in violation of zoning regulations or any other governmental restrictions applicable
to the Property; (iii) any operation primarily used as a warehouse or storage facility, assembling or manufacturing, distilling, refining, rendering, processing, smelting, agricultural or mining operations; (iv) any mobile home park or sales,
trailer court, labor camp, junk yard or stockyard; (v) any central laundry, dry cleaning plant or laundromat; provided this prohibition shall not be applicable to on-site services oriented only to pickup and delivery by consumers; (vi) any
automobile, truck, trailer or recreational vehicle sales, leasing, display, repair or body shop; (vii) any living quarters, sleeping apartments, hotel or lodging rooms; (viii) veterinary hospitals, animal raising or breeding facilities, animal
boarding facilities or pet shops; (ix) mortuaries or funeral homes; (x) any establishment that sells, rents or exhibits pornographic materials; (xi) massage parlors or any form of sexually oriented business (including novelty merchandise sales);
(xii) bars, taverns or brew pubs; (xiii) flea markets, amusement or video arcades, computer game rooms, pool or billiard halls, bingo halls, dance halls, discos or night clubs; (xiv) sales of paraphernalia for use with illicit drugs; (xv) carnivals,
amusement parks or circuses; (xvi) pawn shops, auction houses, second hand stores, consignment shops, army/navy surplus stores or gun shops; (xvii) gambling facilities or sports betting parlor; (xviii) churches, synagogues or other places of
worship; (xix) assembly halls or meeting facilities; (xx) technical or vocational schools or any other operation primarily engaged in education or training activities; (xxi) medical clinics, abortion clinics, medical laboratories or screening
facilities; (xxii) any agency (public or private) providing health, welfare, social or human services, or (xxiii) tattoo parlors, fortune telling or spiritual readings; (xxiv) facilities that collect donated goods and products; (xxv) bowling alleys,
skating rinks, archery or gun ranges, and (xxvi) postal facilities, tax collectors, tag agencies, jails or detention centers, courthouses or any other form of agency dealing with civil authority, (xxvii) fitness centers (unless consented to by the
party entitled to object to the Prohibited Use) and (xxviii) any use that, by its nature (even if such use is legally permissible), would result in parking or traffic flow on the Property being materially adversely affected or that will attract a
volume, frequency or type of visitor or employee to the Building that is not consistent with the standards of Comparable Buildings or that would impose an excessive demand on or use of the facilities or services of the Building. Notwithstanding the
foregoing, the term “Prohibited Uses” shall not include as to a Property (but only as to the party conducting such use for so long as such party continues such use at such Property) any use lawfully conducted by Tenant or a third party
occupant of space within the Property on the Commencement Date. 
  
 (b) Throughout the Term, Landlord shall not, without Tenant’s prior consent, further develop the Property in a manner that would result in (i) an increase in the amount of any Additional Rent payable by Tenant hereunder or (ii) parking
or traffic flow to the Building being materially adversely affected or that will attract a volume, frequency or type of visitor or employee to the Building that is not consistent with the standards of Comparable Buildings or that would impose an
excessive demand on or use of the facilities or services of the Building. 
  

 46 

 ARTICLE V 
 LEASEHOLD IMPROVEMENTS AND REPAIRS 
  
 5.1
Leasehold Improvements. Subject to the provisions of this Lease, Tenant hereby accepts the Leased Premises, including any and all existing leasehold improvements, in their “AS-IS” condition, and acknowledges that, subject to the
provisions of Section 5.5, Landlord has no obligation to construct additional leasehold improvements in the Leased Premises or to provide any money, work, labor, material, fixture, decoration or equipment with respect to the Leased Premises.

  
 5.2 Alterations. Except as provided below, Tenant shall not make or
allow to be made any alterations or physical additions in or to the Leased Premises, without first obtaining the written consent of Landlord to the plans and specifications and contractors therefor, which consent shall not be unreasonably withheld
or delayed. Any such alterations or additions shall be made in compliance with Legal Requirements. Notwithstanding the foregoing, Tenant shall have the right to make alterations and physical additions to the Leased Premises costing less than the
Alterations Threshold Amount, or which are of such a nature as not to require a building permit, without Landlord’s consent provided: (i) Tenant notifies Landlord in writing and furnishes Landlord with plans and specifications and the names of
the contractors for all such alterations or additions at least seven (7) days prior to undertaking them, (ii) Tenant provides Landlord with as-built plans and specifications related to such alterations or additions upon completion of same, (iii)
such alterations or additions are not visible from the exterior of the Leased Premises or the Building, (iv) the modifications are in compliance with all Legal Requirements, (v) such additions and alterations do not adversely affect the mechanical,
electrical, plumbing, life safety, or structural integrity of the Building and (vi) Tenant coordinates its activities with the Building’s property manager. In no event shall Tenant be obligated to pay any charge to Landlord or any agent of
Landlord for (i) supervision of any alterations or physical additions in or to the Leased Premises made by Tenant or (ii) review or approval of plans or specifications for or in connection with any alterations or physical additions in or to the
Leased Premises made or proposed by Tenant (other than reimbursement of any actual, out-of-pocket costs reasonably incurred by Landlord to verify that Tenant’s plans do not adversely affect the mechanical, electrical, plumbing, life safety or
structural integrity of the Building as expressed in clause (v) above). 
  
 5.3
Non-Removable Improvements. The term “Non-Removable Improvements” shall mean each and all of the following to the extent owned by Tenant or its Affiliates: all mechanical equipment above the ceiling, the ceiling system, the
ceiling tile, light fixtures (other than chandeliers; provided Tenant replaces the ceiling tile and leaves a connection for a replacement chandelier or Building Standard fixture), permanent walls, wall coverings, doors, door hardware, floor
coverings (other than area rugs), all electrical and plumbing systems located within the Leased Premises, and blinds, all life safety and other Building systems, all cafeterias and commissaries, including all fixtures, equipment and appliances used
in connection therewith; all gymnasiums, fitness or exercise centers, including all equipment, fixtures and furnishings therein, and at all properties that include retail banking facilities, all vaults, vault doors, pneumatic tubing then existing at
drive-through facilities, teller counters and under-counter steel. All Non-Removable Improvements are and shall remain the property of Landlord. Tenant shall be permitted (but not obligated) to remove any other improvements to the Leased Premises
(together “Tenant’s 

  

 47 

 
Business Equipment,” whether or not installed so as to be fixtures under applicable law), including trade fixtures, equipment, furniture,
furnishings, supplies, records, documents, cash, coin, and other items of moveable personal property relating to the operation of Tenant’s business, including all safe deposit boxes (but not the nests or frames thereof), safes, Tenant
identification signage, ATMs connected to or located within the Buildings or situated as freestanding structures on the Property and ATM equipment, telecommunication equipment, security systems and equipment, satellite dishes and antennas,
computers, computer terminals and computer equipment, any office equipment (whether leased or owned) located in the Buildings, framed artwork not permanently affixed to the Property, and Tenant’s furniture, trade fixtures, and equipment
installed in the Leased Premises by Tenant at its cost and expense; provided Tenant repairs any damage to the Leased Premises or other parts of the Building caused by the removal of the foregoing items. 
  
 5.4 Mechanics Liens. Tenant shall have no authority or power, express or implied, to
create or cause to be created any mechanic’s, materialmen’s or other lien, charge or encumbrance of any kind against any Leased Premises. Should any mechanic’s, materialmen’s or other lien, charge or encumbrance of any kind be
filed against any Leased Premises by reason of Tenant’s acts or omissions or because of a claim against Tenant, Tenant shall cause the same to be cancelled or discharged of record by bond or otherwise within sixty (60) days after notice to
Tenant by Landlord, or within thirty (30) days after notice to Tenant by Landlord if at the time of such notice Landlord anticipates a sale or refinancing of any Leased Premises will be closed within sixty (60) days after said notice (and if
Landlord includes that fact in Landlord’s notice to Tenant). If Tenant shall fail to cancel or discharge said lien or liens within the time provided pursuant to this Section 5.4, Landlord may, at its sole option, cancel or discharge the
same, and upon Landlord’s demand, Tenant shall promptly reimburse Landlord for all reasonable costs incurred in canceling or discharging such liens. Except to the extent that such costs, losses, or liabilities are caused by Landlord’s
actions, Tenant shall indemnify and hold Landlord harmless from and against all costs (including reasonable attorneys’ fees and costs of suit), losses, liabilities, or causes of action arising out of or relating to any alterations, additions or
improvements made by Tenant to the Leased Premises, including any mechanic’s or materialman’s liens asserted in connection therewith. Landlord and Tenant expressly agree and acknowledge that no interest of Landlord in the Leased Premises
or the Property shall be subject to any lien for improvements made by Tenant in or for the Leased Premises, and that Landlord shall not be liable for any lien for any improvements made by Tenant, such liability being expressly prohibited by the
terms of this Lease. Landlord may file in the public records of the County in which the Building is located, a public notice containing a true and correct copy of this paragraph, and Tenant hereby agrees to inform all contractors and materialmen
performing work in or for or supplying materials to the Leased Premises of the existence of the prohibition contained in this paragraph. 
  
 5.5 Repairs by Landlord. Landlord will make, as an Operating Expense (to the extent allowable), all repairs to, and perform necessary maintenance, repair,
refurbishing and replacement work to the Properties, and all parts thereof, in such manner as is in keeping with Comparable Buildings, including the: (a) structural elements of the Buildings, (b) mechanical (including HVAC), electrical, the plumbing
and fire/life safety systems serving the Buildings in general, (c) Common Areas including the Parking Areas, (d) roofs of the Buildings, (e) exterior windows of the Buildings and (f) elevators serving the Buildings. Landlord shall promptly make

  

 48 

 
repairs (considering the nature and urgency of the repair) for which Landlord is responsible. Except in emergency situations as reasonably determined by
Landlord, Landlord shall provide Tenant with prior notice of any entry into the Leased Premises required to effectuate the repairs for which Landlord is responsible and shall exercise reasonable efforts to perform any such entry into the Leased
Premises in a manner that is reasonably designed to minimize interference with the operation of Tenant’s business in the Leased Premises. If Landlord should fail or refuse to make such repairs, refurbishings or replacements or perform said
maintenance with reasonable promptness after written notice from Tenant, then Tenant may, at its option, but without any obligation to do so, upon written notice to Landlord, cure such failure as expressed in Section 7.1(f) and recover the
reasonable cost thereof from Landlord as expressed in Article XIII. 
  
 5.6
Repairs by Tenant. Tenant shall, at its sole cost and expense, promptly perform all maintenance, repairs, refurbishing and replacement work to the Leased Premises that are not Landlord’s express responsibility under this Lease, and shall
keep the Leased Premises in good condition and repair, reasonable wear and tear excepted. Tenant’s repair obligations include repairs to: (a) floor covering, (b) interior partitions, (c) doors, (d) the interior side of demising walls, (e)
electronic, phone and data cabling and related equipment that is installed by or for the exclusive benefit of Tenant and located in the Leased Premises or other portions of the Building, (f) supplemental air conditioning units, private showers and
kitchens, including hot water heaters, plumbing and similar facilities serving Tenant exclusively, and (g) alterations performed by contractors retained by Tenant, including related HVAC balancing. All Tenant’s work shall be performed in
accordance with the rules and procedures described in Section 5.2 hereof. Upon termination of this Lease, Tenant will surrender and deliver the Leased Premises to Landlord in the same condition in which the Leased Premises existed on the
Commencement Date, subject, however, to (i) the provisions of Article VI hereof, (ii) the alterations permitted pursuant to this Lease, (iii) the provisions of Section 5.3, and (iv) except for ordinary wear and tear. If Tenant should
fail or refuse to make such repairs, refurbishings or replacements or perform said maintenance as and when reasonably required, Landlord may, at its option, but without any obligation to do so, cure such failure or refusal and Landlord’s costs
shall be reimburseable by Tenant as additional rent, by Tenant, immediately upon invoicing by Landlord. Notwithstanding the foregoing, Landlord agrees to perform, as Above Standard Services, Tenant’s repair and maintenance obligations with
respect to the Leased Premises. Tenant shall notify Landlord of the need for any such repair and maintenance and Landlord shall endeavor to respond timely to each such request. 
  
 5.7 Demising Work. Any Demising Work required to be performed by Tenant: shall, in each instance, be completed as follows:

  
 (a) Tenant shall prepare and submit to Landlord for
Landlord’s approval a preliminary space plan (the “Preliminary Space Plan”) in connection with Tenant’s proposed separation of the Leased Premises from the Surrendered Premises. Landlord’s approval shall not be
unreasonably withheld or delayed and shall be given or withheld, or Landlord shall advise Tenant whether Landlord requires additional information in order to evaluate Tenant’s request, within ten (10) days following Tenant’s delivery to
Landlord of the Preliminary Space Plan. If Landlord objects to the Preliminary Space Plan (or any revision thereof), Tenant shall deliver a revised Preliminary Space Plan to Landlord and the procedure will be repeated, if necessary, until a final
space plan is approved. Landlord’s approval of each revised Preliminary Space Plan 

  

 49 

 
shall be given or withheld within ten (10) days following Landlord’s receipt thereof from Tenant. The final approved space plan is hereinafter referred
to as the “Final Space Plan”. Landlord and Tenant shall work with one another reasonably and in good faith to resolve any differences concerning the Preliminary Space Plan and the Final Space Plan (or the Preliminary Drawings or
Final Drawings hereafter referenced in Section 5.7(b) immediately below), failing which any disagreements shall be resolved in accordance with Article XII hereof. 
  
 (b) From the Final Space Plan, Tenant shall prepare and submit to Landlord for Landlord’s approval (which approval
shall not be unreasonably withheld or delayed, and which shall be given or withheld, or Landlord shall advise Tenant whether Landlord requires additional information in order to evaluate Tenant’s request, within ten (10) days) following
Tenant’s delivery to Landlord of, one-eighth inch (1/8”) architectural, mechanical, electrical, lighting, plumbing and (if reasonably requested by Landlord) floor load working drawings together with specifications necessary to complete all
of the proposed improvements shown on the Final Space Plan (collectively, the “Preliminary Drawings”). If Landlord objects to the Preliminary Drawings (or any revision thereof), Tenant shall deliver revised Preliminary Drawings to
Landlord and the procedure will be repeated, if necessary, until final drawings are approved. The final approved drawings are hereinafter referred to as the “Final Drawings”. 
  
 (c) Tenant will cause the Demising Work to be constructed in substantial
accordance with the Final Drawings. Landlord shall be deemed to have waived Tenant’s performance of any Demising Work not shown on the Final Drawings except to the extent required to satisfy Legal Requirements. Landlord’s review of Space
Plans and Drawings under Sections 5.7(a) and (b) above is for Landlord’s purposes only, and not a representation or warranty that the work to be performed pursuant thereto meets all Legal Requirements. 
  
 (d) In connection with the Demising Work, Tenant shall file all drawings,
plans and specifications, pay all fees and obtain all permits and applications from any authorities having jurisdiction and perform all Demising Work in compliance the requirements of such permits and applications; and Tenant shall promptly obtain,
if required, a permanent certificate of occupancy and all other approvals required of Tenant to use and occupy the Leased Premises. 
  
 (e) Tenant shall have the right to select the general contractor and subcontractors for the Demising Work; provided that Tenant shall not use a contractor
or subcontractor as to which Landlord shall reasonably object within ten (10) days following Tenant’s notice to Landlord of the identity of such contractor(s) and subcontractor(s) as Tenant has selected. 
  
 (f) The parties shall cooperate with each other in good faith and coordinate
the scheduling of the Demising Work in an effort to complete the same in a timely manner. Landlord and Tenant shall be commercially reasonable in agreeing to non-material reconfigurations of the boundaries of the Leased Premises to facilitate
Tenant’s construction of demising walls for the Leased Premises. 
  
 (g) All of the Demising Work shall be done, on a Property by Property basis, in compliance with Building Standards at Tenant’s expense, including building permit and other fees, architectural and engineering expenses and other expenses
relating thereto. Tenant may request Landlord’s review of Preliminary Space Plans or Preliminary Drawings before Tenant’s 

  

 50 

 
notification to Landlord of Tenant’s election to remove Surrendered Premises from the Leased Premises to facilitate Tenant’s understanding of the
potential approximate costs associated therewith. 
  
 (h) Any
other provision of this Lease to the contrary notwithstanding, if as a result of performing Demising Work required as a result of Tenant’s surrender of Purchase Agreement Vacate Space to Landlord, Tenant adds One Thousand Five Hundred (1,500)
square feet or less of Purchase Agreement Vacate Space to the Net Rentable Area of the Leased Premises at a Property as herein provided (any space so added, the “PAVS Expansion Premises”), Tenant shall have the right and option,
exercisable from time to time by written notice to Landlord prior to the expiration of the Vacate Period (as defined in the Purchase Agreement), to terminate this Lease with respect to Leased Premises at such Property or at any other Property
containing, in the aggregate, the same or fewer square feet of Net Rentable Area as the Net Rentable Area of the PAVS Expansion Premises (any space so terminated, the “PAVS Contraction Premises”); provided that (i) Tenant shall only
be permitted to create PAVS Contraction Premises at a Property to the extent the same is reasonably necessary for Tenant to perform Demising Work required as a result of Tenant’s surrender of Purchase Agreement Vacate Space to Landlord at such
Property, (ii) Tenant may not terminate this Lease with respect to PAVS Contraction Premises containing, in the aggregate, more than One Thousand Five Hundred (1,500) square feet of Net Rentable Area at any Property and (iii) the aggregate Net
Rentable Area of the PAVS Expansion Premises at all Properties shall be equal to or greater than aggregate Net Rentable Area of the PAVS Contraction Premises at all Properties. 
  
 5.8 Art. Landlord acknowledges that Tenant stores and/or displays within the Buildings, multiple works of art, including paintings,
textiles, sculptures, and other forms of artwork (the “Art”) that are an integral part of the Bank of America Art Collection. The Art may be located within areas leased by and under control of Tenant, or in Common Areas, including
lobbies or other public spaces within the Buildings or outdoor plaza areas. 
  
 (a) The Art that is located within the Properties as of the date hereof is listed in the attached Schedule 4 hereto. Tenant may hereafter locate additional pieces of Art within the Buildings and/or Leased
Premises, and any of such Art shall also be considered part of the Bank of America Art Collection, unless it cannot be removed from the Building without damaging the Art Tenant shall have the right at any time during the Term of the lease and for a
period of 60 days following the Term of the lease, as to any such Building, to remove any of the Art at Tenant’s sole cost and expense. In the event any Art is removed from either Leased Premises or Common Areas, Tenant shall repair any damage
caused by its removal. To the extent Art is removed from the Common Areas, Tenant shall notify Landlord in writing not less than 30 days prior to the anticipated removal date that the Art shall be removed. Tenant agrees to indemnify Landlord against
any claims made by the artist or putative right holder pursuant to VARA arising out of Tenant’s removal or subsequent treatment of the Art, and such indemnity shall survive the termination or expiration of this Lease. 
  
 (b) Landlord agrees that (i) Landlord shall not remove any Art from any
Common Areas or public spaces of the Buildings during the Term hereof or within a period of sixty (60) days following the Term hereof, and Landlord acknowledges that any such removal in violation of this paragraph may cause damage to the Art, for
which Landlord shall bear sole responsibility; 

  

 51 

 
and (ii) Landlord’s removal of any Art during the Term or thereafter shall not be within the scope of Tenant’s VARA indemnification. 
  
 (c) Tenant shall have the right at any time or from time to time, to erect
plaques or markers, subject to Landlord’s approval (not to be unreasonably withheld) identifying the Art as commissioned by Bank of America or on loan from the Bank of America Art Collection. To the extent Tenant elects not to remove any Art at
the termination of the Lease, Landlord agrees that any plaques or markers installed by Tenant identifying the Art as commissioned by Bank of America or on loan from the Bank of America Art Collection shall remain in place for so long as the Art is
displayed within the Building or Common Areas. 
  
 ARTICLE VI

 CONDEMNATION, CASUALTY AND INSURANCE 
  
 6.1 Condemnation. 
  
 (a) If all or a portion of a Building or the Leased Premises as would render the continuance of Tenant’s business from such Leased Premises
impracticable (as reasonably determined by Tenant) is permanently taken or condemned for any public purpose, this Lease, at the option of Tenant upon the giving of notice to Landlord within twenty (20) days from the date of such condemnation or
taking shall forthwith cease and terminate as to such Leased Premises as provided in Section 6.1(c) below. 
  
 (b) If all or substantially all of the Property, or so much thereof as to cause the remainder not to be economically feasible to operate, as reasonably
determined by Landlord, should be permanently taken or condemned for any public purpose and Landlord terminates all similarly affected leases in the Building that Landlord has the right to terminate, then Landlord shall have the option of
terminating this Lease as to the affected Leased Premises by notice to Tenant within ten (10) days from the date of such condemnation or taking. 
  
 (c) If this Lease is terminated as to such particular Leased Premises as provided in Sections 6.1(a) or (b) above, this Lease shall cease
and expire as to such Leased Premises as if the date of transfer of possession of the Leased Premises, the Property, or any portion thereof, was the expiration date of this Lease as to such Leased Premises. 
  
 (d) If this Lease is not terminated by either Landlord or Tenant as
aforesaid, Tenant shall pay all Rent up to the date of transfer of possession of such portion of the Leased Premises so taken or condemned and this Lease shall thereupon cease and terminate with respect to such portion of the Leased Premises so
taken or condemned as if the date of transfer of possession of the Leased Premises was the expiration date of the Term relating to such portion of the Leased Premises. Thereafter, the Annual Basic Rent, and Tenant’s Operating Expense Share and
Tenant’s Tax Share shall be calculated based on the Net Rentable Area of the Leased Premises not so taken or condemned. If any such condemnation or taking occurs and this Lease is not so terminated, Landlord shall, within sixty (60) days after
the date any portion of the Property is damaged, or the use of any portion of the Property by Tenant and Tenant’s employees and invitees is impeded, because of such condemnation, commence to repair the Property (excluding Tenant’s Business
Equipment), so that the remaining portion of the Property, as the case may be, 

  

 52 

 
shall constitute a complete architectural unit, reasonably fit for Tenant’s occupancy and business as reasonably determined by Tenant and Landlord. If
Landlord fails to cause such restoration to be substantially completed within one (1) year after the date Landlord commences such restoration work for any reason other than a delay caused by an act or omission of Tenant, then Tenant shall have the
right to terminate this Lease by notifying Landlord in writing of such termination within thirty (30) days after the date that is one (1) year after the date Landlord commences such restoration work. The one (1) year period described in the
preceding sentence shall be automatically extended for each day of delays caused by Force Majeure Events. 
  
 (e) In the event of any condemnation or taking of all or a portion of the Leased Premises, and in the event of any condemnation or taking of all or a
portion of the Parking Areas or the Property which taking materially adversely affects the value of or Tenant’s use or enjoyment of the Leased Premises, Tenant, at Tenant’s expense may, jointly with Landlord, appear, claim, prove and
recover, in proceedings relative to such taking, (i) the value of any fixtures, furniture, furnishings, leasehold improvements and other personal property that were condemned but which under the terms of this Lease Tenant is permitted to remove at
the end of the Term, (ii) the unamortized cost of any leasehold improvements that are not so removable by Tenant at the end of the Term and that were installed at Tenant’s expense, (iii) the loss of Tenant’s business as the result of such
condemnation and (iv) relocation and moving expenses. 
  
 (f) If
any taking or condemnation for any public purpose of the Leased Premises or any portion thereof occurs for one hundred eighty (180) days or less and the portion of the Leased Premises not so taken is in Tenant’s reasonable judgment sufficient
to allow the conduct of Tenant’s business in the Leased Premises to substantially the same extent and quantity as before the taking (and Tenant, in fact, ceases its use of the Leased Premises for business purposes), then it shall be deemed a
temporary taking and this Lease shall continue in full force and effect except that Annual Basic Rent, Tenant’s Operating Expense Share and Tenant’s Tax Share shall be calculated based on the Net Rentable Area of the Leased Premises not so
taken, for the period of time that the Leased Premises are so taken as of the date of transfer of possession of the Leased Premises and Landlord shall be under no obligation to make any repairs or alterations. 
  
 6.2 Damages from Certain Causes. Except as provided in Section 3.1 and
Section 6.6, and subject to Landlord’s obligations to restore, repair and maintain as specifically provided in this Lease, Landlord shall not be liable or responsible to Tenant for any loss or damage to any property or person occasioned
by theft, fire, act of God, public enemy, riot, strike, insurrection, war, requisition or order of governmental body or authority, court order or injunction, or any other cause beyond Landlord’s control. 
  
 6.3 Casualty Clause. 
  
 (a) If at any time during the Term of this Lease, the Leased Premises, the Common Areas, including the Parking Areas, the
Buildings or any systems or equipment serving the Leased Premises, the Common Areas or the Buildings (collectively, the “Damaged Property”) is damaged by fire, earthquake, flood or by any other casualty of any kind or nature (a
“Casualty”) then, except as hereinafter provided, Landlord shall proceed to rebuild or restore the Damaged Property at Landlord’s sole cost and expense; provided that, in no event, shall Damaged Property 

  

 53 

 
include, nor shall Landlord or Tenant have any obligation to rebuild or restore, any of Tenant’s furniture, furnishings, equipment, trade fixtures or
other property owned by Tenant. If, in the reasonable opinion of Landlord’s architect as evidenced by a written letter of certification delivered to Tenant not more than forty-five (45) days following the Casualty, the Damaged Property cannot
be repaired so as to make the Leased Premises and the Parking Areas tenantable within two hundred seventy (270) days from the date of notice of Landlord’s architect’s opinion, then Tenant shall have the right to terminate this Lease as to
such property by notifying Landlord in writing of such termination within thirty (30) days of receipt of Landlord’s architect’s opinion. Any failure by Tenant to deliver such termination notice to Landlord by such thirtieth (30th) day
shall constitute a waiver of Tenant’s right to terminate this Lease pursuant to this Section 6.3(a) as a result of such Casualty. 
  
 (b) Landlord may elect to terminate this Lease as to an affected property on account of a Casualty by delivering written notice to Tenant within
forty-five (45) days after a Qualified Damage; provided that Landlord also terminates all other similarly affected tenant leases that Landlord has a right to terminate as a result of such Casualty. As used herein, a “Qualified
Damage” shall mean any one or more of the following: 
  
 (i) There shall be damage to an extent greater than fifty percent (50%) of the replacement cost of the Building above the foundation, and such damage or destruction shall be caused by a risk covered by insurance
maintained or required to be maintained (whether or not actually maintained) by Landlord pursuant to this Lease (i.e., an “insurable risk”). 
  
 (ii) There shall be damage, resulting from a risk other than an insurable risk, to an extent greater than twenty-five percent (25%) of the
replacement cost of the Building above the foundation. 
  
 (iii) Necessary repairs to the Damaged Property cannot be completed, in the reasonable opinion of Landlord’s architect, within two hundred seventy (270) days after the occurrence of such damage, which opinion Landlord shall cause its
architect to deliver to Tenant not more than thirty (30) days after the Casualty. 
  
 (c) Notwithstanding any language herein to the contrary, if at the time of any substantial damage to the Leased Premises from a Casualty, less than one (1) year remains in the Term, then (i) Landlord shall have the
right, in its sole option, to elect not to rebuild or restore the Damaged Property, such right to be exercised, if at all, by written notice to Tenant within thirty (30) days after the date of such Casualty, and (ii) Tenant shall have the right, in
its sole option, to terminate this Lease, such right to be exercised, if at all, within thirty (30) days after the date of such Casualty or within thirty (30) days after Tenant’s receipt of Landlord’s notice pursuant to Section
6.3(c)(i) . 
  
 (d) If Landlord is herein required to repair
and restore the Property, and Tenant shall have had, but shall not have exercised, a right of termination as provided at Section 6.3(a), Landlord shall use commercially reasonable efforts to commence such repair and restoration within sixty
(60) days following the Casualty. Landlord’s architect shall determine the date that Landlord commences the repair and restoration of the Property and shall notify Tenant of such 

  

 54 

 
determination within thirty (30) days thereof. Notwithstanding any language herein to the contrary, if Landlord undertakes but fails to repair and restore
the Damaged Property within the later of (i) one (1) year after the date determined by Landlord’s architect to be the date Landlord commenced the restoration and repair work or (ii) the date identified in Landlord’s architect’s
opinion given pursuant to Section 6.3(a) as the date by which Landlord’s architect believed the repair and restoration to the Damaged Property would be completed (the later such date, the “Outside Completion Date”), for
any reason other than a delay caused by an act or omission of the Tenant, then subject to the final sentence of this paragraph, Tenant may terminate this Lease by delivering written notice to Landlord within thirty (30) days after the Outside
Completion Date, but before the repairs and restoration to the Damaged Property have been completed. If Tenant fails to deliver such notice within such thirty (30) day period, Tenant shall have waived its right to terminate this Lease on account of
the time required to repair such casualty. The Outside Completion Date shall be automatically extended for each day of delays caused by Force Majeure Events (but in no event shall such Outside Completion Date be extended for more than sixty (60)
days by Force Majeure Events). 
  
 6.4 Property Insurance. Landlord shall
maintain standard fire and extended coverage insurance, plus, if elected by Landlord, coverage for acts of terrorism, for each Property, including for the Buildings, Common Areas, including Parking Areas, Leased Premises and other tenantable areas
and on the improvements and betterments contained therein (excluding Tenant’s and any other tenant’s furniture, furnishings, equipment, trade fixtures or other property), in an amount not less than eighty percent (80%) of the full
replacement cost thereof above the foundation. Upon the request of Tenant, a copy of a duly executed certificate of insurance reflecting Landlord’s maintenance of the insurance required under this Section 6.4 shall be delivered to
Tenant. Said insurance shall be maintained with a reputable insurance company selected by Landlord and qualified and licensed to do business in the State in which the Property is located and having a current Best’s Rating of A+ or better. All
payments for losses thereunder shall be made solely to Landlord. 
  
 6.5
Liability Insurance. Landlord and Tenant shall each maintain a policy or policies of comprehensive general liability insurance with the premiums thereon fully paid on or before the due dates, issued by and binding upon a reputable insurance
company qualified and licensed to do business in the State in which the Property is located, with a current Best’s Rating of A+ or better. Such insurance shall afford minimum protection (which may be effected by primary and/or excess coverage)
of not less than Three Million Dollars ($3,000,000.00) for bodily injury or death in any one (1) accident or occurrence and against property damage. Notwithstanding anything to the contrary, so long as Tenant satisfies the Self-Insurance Net Worth
Test, Tenant may self insure in order to meet any insurance requirements in this Lease. In the event Tenant fails, in whole or in part, to carry insurance that complies with the requirements of this Section 6.5, Tenant shall be deemed to
self-insure to the extent of such noncompliance. 
  
 6.6 Hold Harmless.
Landlord shall not be liable to Tenant, or to Tenant’s agents, servants, employees, contractors, customers or invitees, for any damage to person or property to the extent caused by any negligent act or omission of Tenant, or its agents,
servants or employees, and Tenant agrees to and does hereby indemnify, defend and hold harmless, Landlord and Landlord’s shareholders, officers and trustees, and its and their respective successors and assigns, from and against any and all
claims, demands, causes of action, fines, penalties, costs, expenses (including 

  

 55 

 
reasonable attorneys’ fees and court costs), liens or liabilities to the extent caused by (i) any negligent act or omission of Tenant, or its agents,
servants or employees or (ii) any claim for which Tenant was obligated to obtain insurance, but elected to self-insure as permitted by Section 6.5. Tenant shall not be liable to Landlord, or to Landlord’s agents, servants, employees,
contractors, customers or invitees, for any damage to person or property to the extent caused by any negligent act or omission of Landlord, or its agents, servants or employees and Landlord agrees to and does indemnify, defend and hold harmless
Tenant and Tenant’s shareholders, officers and directors, and its and their respective successors and assigns, from and against any and all claims, demands, causes or action, fines, penalties, costs, expenses (including reasonable attorneys
fees and costs), liens or liabilities to the extent caused by any negligent act or omission of Landlord, or its agents, servants or employees. 
  
 6.7 WAIVER OF RECOVERY. ANYTHING IN THIS LEASE TO THE CONTRARY NOTWITHSTANDING, LANDLORD AND TENANT EACH HEREBY WAIVES ANY AND ALL RIGHTS OF RECOVERY, CLAIM,
ACTION OR CAUSE OF ACTION, AGAINST THE OTHER, AND ITS AGENTS, SERVANTS, PARTNERS, SHAREHOLDERS, DIRECTORS, OFFICERS OR EMPLOYEES, FOR ANY LOSS OR DAMAGE THAT MAY OCCUR TO THE LEASED PREMISES, THE PROPERTY OR ANY IMPROVEMENTS THERETO OR THEREON, OR
ANY PROPERTY OF SUCH PARTY THEREIN OR THEREON, BY REASON OF FIRE, THE ELEMENTS, OR ANY OTHER CAUSE THAT IS INSURED AGAINST (OR IS INSURABLE, WHETHER OR NOT ACTUALLY INSURED) UNDER THE TERMS OF STANDARD FIRE AND EXTENDED COVERAGE INSURANCE POLICIES
IN THE STATE IN WHICH THE PROPERTY IS LOCATED, REGARDLESS OF THE AMOUNT OF THE PROCEEDS, IF ANY, PAYABLE UNDER SUCH INSURANCE POLICIES AND THE CAUSE OR ORIGIN, INCLUDING NEGLIGENCE OF THE OTHER PARTY HERETO, OR ITS AGENTS, OFFICERS, PARTNERS,
SHAREHOLDERS, SERVANTS OR EMPLOYEES, AND COVENANTS THAT NO INSURER SHALL HOLD ANY RIGHT OF SUBROGATION AGAINST SUCH OTHER PARTY ON ACCOUNT THEREOF. 
  
 ARTICLE VII 
 DEFAULTS, REMEDIES,
BANKRUPTCY, SUBORDINATION 
  
 7.1 Default and Remedies. 
  
 (a) The occurrence of any of the following shall constitute an Event of
Default (“Event of Default”) under this Lease on the part of Tenant: 
  
 (i) Failure to pay any payment of Rent when due (including Annual Basic Rent, Excess Basic Rent, if any, Tenant’s Operating Expense
Share, Tenant’s Tax Share and Above Standard Services Rent) and such failure to pay continues for a period of ten (10) days after written notice thereof from Landlord to Tenant; provided that Landlord shall not be obligated to send written
notice of a failure to pay more than two (2) times in any consecutive twelve (12) month period, or 
  
 (ii) At any time that Tenant does not satisfy the Net Worth Test, failure of Tenant to maintain any policy of insurance that Tenant is
required by the terms of this 

  

 56 

 
Lease to maintain and such failure continues for a period of ten (10) business days after written notice from Landlord to Tenant of such failure, which
notice shall (A) specify the insurance policy which Tenant has failed to maintain and the provision of this Lease which requires Tenant to maintain such insurance, and (B) state, in all capital letters and in a prominent place, that the continuance
of such failure to maintain insurance for ten (10) business days after Tenant’s receipt of such written notice will constitute an Event of Default under Section 7.1(a) of the Lease, or 
  
 (iii) Tenant breaches or fails to comply with any term,
provision, condition or covenant of this Lease, other than as described in Section 7.1(a)(i) and (ii), and such breach or failure continues for thirty (30) days after written notice from Landlord to Tenant of such breach or failure to comply
(or, if such breach or failure is curable but reasonably cannot be cured within thirty (30) days, Tenant does not commence to cure such breach or failure promptly within such thirty (30) day period and continuously and diligently thereafter pursue
such cure and remedy until such breach or failure is remedied; provided that there shall be a maximum period of one hundred eighty (180) days after Landlord’s written notice to cure or remedy such default, except that such maximum cure period
shall extended as appropriate for delays caused by Force Majeure Events. 
  
 (b) Upon the occurrence of an Event of Default, subject to Section 7.1(e) below, Landlord shall have the option to do and perform any one or more of the following in addition to, and not in limitation of, any
other remedy or right permitted it by law or in equity or by this Lease: 
  
 (i) Landlord may immediately or at any time thereafter, collect all overdue Rent and other charges payable to Landlord, together with Landlord’s legal fees and costs of enforcement, with interest at the
Applicable Rate from the date such sums were originally due until the date paid in full. 
  
 (ii) Landlord may immediately or at any time thereafter re-enter the Leased Premises and correct or repair any condition which shall
constitute a failure on Tenant’s part to keep, observe, perform, satisfy, or abide by any term, condition, covenant, agreement, or obligation of this Lease or of the Building Rules now in effect or hereafter adopted or of any notice given
Tenant by Landlord pursuant to the terms of this Lease, and Tenant shall fully reimburse and compensate Landlord on demand. 
  
 (iii) Subject to the limitations expressed in Section 7.1(e), Landlord, with or without terminating this Lease, may immediately or
at any time thereafter demand in writing that Tenant vacate the Leased Premises and thereupon Tenant shall immediately vacate the Leased Premises and remove therefrom all property thereon (other than Non-Removable Improvements) belonging to or
placed in the Leased Premises by, at the direction of, or with consent of Tenant, whereupon Landlord shall have the right to re-enter and take possession of the Leased Premises. Any such demand, re-entry and taking possession of the Leased Premises
by Landlord shall not of itself constitute an acceptance by Landlord of a surrender of this Lease or of the Leased Premises by Tenant and shall not of itself constitute a termination of this Lease by Landlord. 
  

 57 

 (iv) Subject to the limitations expressed in Section 7.1(e), Landlord may
immediately or at any time thereafter, re-enter the Leased Premises, and if persons or any of Tenant’s property are then in the Leased Premises, then, upon prior written notice to Tenant, Landlord may remove therefrom Tenant and all property
belonging to or placed on the Leased Premises by, at the direction of, or with consent of Tenant, all at Tenant’s expense. Any such re-entry and removal by Landlord shall not of itself constitute an acceptance by Landlord of a surrender of this
Lease or of the Leased Premises by Tenant and shall not of itself constitute a termination of this Lease by Landlord. 
  
 (v) Subject to the limitations expressed in Section 7.1(e), Landlord, without terminating this Lease, may immediately or at anytime
thereafter relet the Leased Premises or any part thereof, for such time or times, at such rental or rentals and upon such other terms and conditions as Landlord deems reasonable, and Landlord may make any alterations or repairs to the Leased
Premises that are necessary or proper to facilitate such reletting as office space; and Tenant shall pay all costs of such reletting, including the cost of any such alterations and repairs to the Leased Premises and reasonable attorneys’ fees
actually incurred; and Tenant shall continue to pay all Rent due under this Lease up to and including the date of beginning of payment of rent by any subsequent tenant of part or all of the Leased Premises, and thereafter Tenant shall pay monthly
during the remainder of the Term the amount, if any, by which the Rent and other charges reserved in this Lease exceed the rent and other charges collected from any such subsequent tenant or tenants (net of the costs Landlord incurred to re-enter
and relet the Leased Premises), but Tenant shall not be entitled to receive any excess of any such rents collected over the Rent reserved herein. Landlord hereby agrees to use its commercially reasonable efforts to relet the Leased Premises to
mitigate or otherwise reduce the damages for which Tenant may be liable hereunder, but only to the extent required under applicable law in the state in which the Building is located; provided that in no event shall Landlord’s leasing or
attempted leasing of other space in the Building instead of the Leased Premises, in and of itself, violate the provisions of the preceding sentence. Any such reletting may be for such rent, for such time, and upon such terms as the Landlord, in the
Landlord’s good faith discretion, shall determine to be commercially reasonable. Landlord shall be deemed to have exercised commercially reasonable efforts to relet the Leased Premises so long as Landlord or Landlord’s agents employ
marketing methods and procedures substantially similar to marketing methods and procedures used by Landlord or Landlord’s agents to market and lease vacant space in other buildings, which are similar in nature and quality to the Building, owned
by Landlord or an affiliate of Landlord. 
  
 (vi)
Subject to the limitations expressed in Section 7.1(e), Landlord may immediately or at any time thereafter terminate this Lease, and this Lease shall be deemed to have been terminated upon notice to Tenant of such termination; upon such
termination Landlord shall elect to either recover from Tenant (A) all damages Landlord may suffer by reason of such termination including all arrearages in rentals, costs, charges, additional rentals, and reimbursements, the cost (including court
costs and reasonable attorneys’ fees) of recovering possession of the Leased Premises, the actual or estimated (as reasonably estimated by Landlord) cost of any alteration of or repair of the Leased Premises that is necessary or proper to
prepare the same for reletting as office 

  

 58 

 
space, or (B) all arrearages in rentals, plus an amount equal to the excess, if any, of the present value discounted at the Prime Rate of the total amount of
all Rent to be paid by Tenant for the remainder of the Term, over the present value (discounted at the same rate) of the fair market rental value of the Leased Premises for the remainder of the Term. 
  
 (c) If Landlord re-enters the Leased Premises or terminates this Lease
pursuant to any of the provisions of this Lease, Tenant hereby waives all claims for damages that may be caused by such re-entry or termination by Landlord pursuant to the provisions of this Lease. Tenant shall and does hereby indemnify and hold
Landlord harmless from any loss, cost (including court costs and attorneys’ fees), or damages suffered by Landlord by reason of such re-entry or termination unless caused by Landlord’s gross negligence. 
  
 (d) The exercise by Landlord of any one or more of the rights and remedies
provided in this Lease shall not prevent the subsequent exercise by Landlord of any one or more of the other rights and remedies herein provided. Except as otherwise provided in this Lease, remedies provided for in this Lease are cumulative and may,
at the election of Landlord, be exercised alternatively, successively, or in any other manner and are in addition to any other rights provided for or allowed by law or in equity. 
  
 (e) Notwithstanding the provisions set forth in Sections 7.1(b)(iii) through (vi), Landlord may not:

  
 (i) terminate this Lease as to any Property
or Properties unless either (A) Tenant shall have failed to pay, without the contractual right to abate or offset as herein otherwise provided, Rent for such Property or Properties in an amount equal to or greater than the amount of three (3)
months’ Annual Basic Rent then due and payable with respect to such Property or Properties, and such failure to pay continues for a period of ten (10) days following Tenant’s receipt of written notice thereof from Landlord, which notice
shall state in all capital letters (or other prominent display) that this Lease may be terminated as to such Property or Properties if Tenant fails to promptly pay all overdue Rent for such Properties or Properties, or (B) Tenant shall fail to
comply with any final order relating to such Property or Properties rendered pursuant to the dispute resolution procedures outlined in Article XII within the time periods set forth in such order, or, if no time periods are set forth therein,
then within such time period as is reasonably necessary to promptly and diligently comply with such order, but not to exceed sixty (60) days, subject to appropriate extensions for delays caused by Force Majeure Events, and such failure to comply
continues for a period of thirty (30) days following Tenant’s receipt of written notice thereof from Landlord, which notice shall state in all capital letters (or other prominent display) that this Lease may be terminated as to such Property or
Properties if Tenant fails to promptly comply with the requirements of such order; or 
  
 (ii) terminate this Lease in its entirety unless Tenant shall have failed to pay, without the contractual right to abate or offset as
herein otherwise provided, Rent in an amount equal to or greater than the amount of three (3) months’ Annual Basic Rent then due and payable with respect to all Properties under this Lease, and such failure to pay continues for a period of ten
(10) days following Tenant’s receipt of written notice thereof from Landlord, which notice shall state in all capital letters (or other prominent 

  

 59 

 
display) that this Lease may be terminated if Tenant fails to promptly pay all overdue Rent. 
  
 (f) If Landlord should fail to perform or observe any covenant, term, provision or condition of this Lease and such default
should continue beyond a period of ten (10) days as to a monetary default or thirty (30) days (or such longer period as is reasonably necessary to remedy such default; provided Landlord shall continuously and diligently pursue such remedy at all
times until such default is cured) as to a non-monetary default, after in each instance written notice thereof is given by Tenant to Landlord (and a copy of said notice is sent simultaneously therewith to the Notice Parties) (“Landlord
Default”), then, in any such event Tenant shall have the right, (i) to cure or attempt to cure the Landlord Default (upon twenty-four (24) hours’ notice in the event of an emergency, notwithstanding the foregoing provisions of this
Section 7.1(f)), and Landlord shall reimburse Tenant for all reasonable sums expended in so curing the Landlord Default or (ii) to commence such actions at law or in equity to which Tenant may be entitled. The exercise by Tenant of any one or
more of the rights and remedies provided in this Lease shall not prevent the subsequent exercise by Tenant of any one or more of the other rights and remedies herein provided. Except as otherwise provided in this Lease, remedies provided for in this
Lease are cumulative and may, at the election of Tenant, be exercised alternatively, successively, or in any other manner and are in addition to any other rights provided for or allowed by law or in equity, including the right to claim that Tenant
has been constructively evicted. 
  
 (g) Notwithstanding the
provisions of Section 7.1(e) hereof, if Landlord should fail to maintain any policy of insurance which Landlord is required by the terms of this Lease to maintain and such failure continues for a period of ten (10) business days after written
notice from Tenant to Landlord and all Notice Parties of such failure, which notice shall (A) specify the insurance policy which Landlord has failed to maintain and the provision of this Lease which requires Landlord to maintain such insurance.
Tenant’s sole and exclusive recourse and remedy for Landlord’s failure to maintain any such policy of insurance shall be limited to the limited offset right provided in Section 13.1. 
  
 7.2 Insolvency or Bankruptcy. The appointment of a receiver to take possession of all
or substantially all of the assets of Tenant, or any general assignment by Tenant for the benefit of creditors, or any action taken by Tenant under any insolvency, bankruptcy, or reorganization act, or an involuntary proceeding against Tenant that
is not dismissed or bonded against within one hundred twenty (120) days after the filing thereof, shall at Landlord’s option, constitute a breach of this Lease by Tenant. Upon the happening of any such event or at any time during the duration
of such event, this Lease shall terminate five (5) days after notice of termination from Landlord to Tenant. In no event shall this Lease be assigned or assignable by voluntary or involuntary bankruptcy or a proceeding in lieu thereof and in no
event shall this Lease or any rights or privileges hereunder be an asset of Tenant under any bankruptcy, insolvency, or reorganization proceedings. 
  
 7.3 Negation of Lien for Rent. Landlord hereby expressly waives and negates any and all contractual liens and security interests, statutory liens and security
interests or constitutional liens and security interests arising by operation of law to which Landlord might now or hereafter 

  

 60 

 
be entitled on all property of Tenant now or hereafter placed in or upon the Leased Premises, except for judgment liens, if any. 
  
 7.4 Attorney’s Fees. If either party is in default beyond any applicable grace or
notice period in the performance of any of the terms of this Lease and the other party employs an attorney in connection therewith, the non-prevailing party agrees to pay the prevailing party’s reasonable attorneys’ and paralegals’
fees and costs, at all levels, before, during and after trial, and on appeal. 
  
 7.5 No Waiver of Rights. No failure or delay of Landlord or Tenant in any one instance to exercise any remedy or power given it herein or to insist upon strict compliance by Tenant or Landlord of any obligation imposed on it herein
in any other instance and no custom or practice of either party hereto at variance with any term hereof shall constitute a waiver or a modification of the terms hereof by such party in any one instance or any right it has herein to demand strict
compliance with the terms hereof by the other party in any other instance. No express waiver shall affect any condition, covenant, rule, or regulation other than the one specified in such waiver and then only for the time and in the manner specified
in such waiver. No person has or shall have any authority to waive any provision of this Lease unless such waiver is expressly made in writing and signed by an authorized officer of Landlord or Tenant. No endorsement or statement on any check or
letter accompanying any check or payment as Rent be deemed an accord and satisfaction, and Landlord may accept such check or payment without prejudice to Landlord’s right to recover the balance of such Rent or pursue any other remedy provided
in this Lease. 
  
 7.6 Holding Over. 
  
 (a) Except as provided in Section 7.6(b), in the event of holding over
by Tenant after expiration or termination of this Lease without the written consent of Landlord, Tenant shall pay for the entire holdover period as liquidated damages, solely for such holding over, one hundred fifty percent (150%) of the Annual
Basic Rent that would have been payable if the Lease had not so terminated or expired plus one hundred fifty percent (150%) of all Rent other than Annual Basic Rent (including Tenant’s Operating Expense Share and Tenant’s Tax Share) that
would have been payable if this Lease had not so terminated or expired. Nothing in this Section 7.6(a) shall be construed as granting Tenant a right to retain possession of the Leased Premises, or as limiting Landlord’s right to recover
possession of the Leased Premises, after the expiration or termination of this Lease as to such Leased Premises. 
  
 (b) Notwithstanding the provisions of Section 7.6(a), Tenant shall be permitted to holdover in the Leased Premises, or a portion thereof, for a
period of time not to exceed sixty (60) days after the expiration of the Term (whether the Initial Term or the Term as renewed) if and only if: (1) Landlord has not already leased the portion of the Leased Premises in which Tenant is holding over,
and (2) Tenant gives Landlord written notice of such intent to holdover within thirty (30) days prior to the expiration of the Term; such written notice shall specify the length of time Tenant intends to holdover and the portion of the Leased
Premises in which Tenant intends to holdover. If Tenant elects to holdover pursuant to the preceding sentence, such holdover will be on an AS-IS basis except that the Annual Basic Rent shall be one-hundred 

  

 61 

 
twenty-five percent (125%) of the Annual Basic Rent applicable to such Leased Premises immediately prior to such holdover. 
  
 7.7 Subordination. Landlord represents and warrants to Tenant that as of the
Commencement Date, there is no ground lease or other superior lease presently encumbering the Leased Premised, and no mortgage or deed of trust lien presently encumbering the Leased Premises. Landlord will provide to Tenant, within thirty (30) days
following the recording of a mortgage or deed of trust encumbering a Property (the holder thereof, or of a ground lease or other superior lease to which this Lease may hereafter be subject, being hereafter referred to as an “Interest
Holder”), a non-disturbance agreement in the form attached hereto as Exhibit D or such other form as shall be reasonably satisfactory to Tenant and such Interest Holder, and such form in any event shall specifically include
provisions that, in the case of a deed of trust or mortgage, in the event of any foreclosure or other enforcement under the mortgage or deed of trust, either by judicial proceeding or by power of sale, or if conveyance or transfer of the Property
shall be made in lieu of foreclosure, or in the case of a lease, in the event of any termination of the lease for any reason (whether or not because of exercise by lessor of any right or remedy) or any enforcement of remedies by the lessor thereof
(any such foreclosure or conveyance in lieu of foreclosure, and any such lease termination or enforcement of lease remedies, being herein referred to as “Enforcement”), then this Lease shall not be terminated as a result of such
Enforcement, whether by operation of law or otherwise, but rather, notwithstanding such Enforcement, and the fact that this Lease is subordinate to the deed of trust mortgage or lease (as the case may be), this Lease shall continue in full force and
effect as a binding lease agreement between Owner and Tenant in accordance with its provisions, and the rights of Tenant under this Lease shall not be interfered with nor disturbed by any party owning the Property or any interest therein as a result
of Enforcement, or such party’s successors and assigns (any such owner, and its successors and assigns, being herein called “Owner”). However, nothing herein shall negate the right of Owner to exercise the rights and remedies
of Landlord under this Lease, including the right to terminate this Lease as provided herein in the event of a default by Tenant under this Lease, and as to any default by Tenant under this Lease existing at the time of Enforcement, such Enforcement
shall not operate to waive or abate any action initiated by Landlord under this Lease to terminate the same on account of such default. Tenant agrees to subordinate its interest under this Lease to any ground lease, mortgage or deed of trust lien
hereafter placed on the Property; provided that as a condition to such subordination, the party to whose interest Tenant subordinates its interest hereunder shall execute and deliver to Tenant a subordination, non-disturbance and attornment
agreement in the form attached as Exhibit D, or in another form otherwise meeting the requirements of this Section. Unless and until a subordination, non-disturbance and attornment agreement is entered into between Tenant and the applicable
party, the holder of any ground or land lease that may now affect any of the Land or the holder of any mortgage or deed of trust that may now encumber the Property may elect at any time to cause their interests in the Land or the Property to be
subordinate and junior to Tenant’s interest under this Lease by filing an instrument in the real property records of the county in which the Building is located effecting such election and providing Tenant with notice of such election.

  
 7.8 Estoppel Certificate. At the request of either Landlord or Tenant,
the other party will execute within ten (10) business days from the date of receipt of the request, from time to time, an estoppel certificate substantially in the form attached hereto as Exhibit E or in such other form as may be reasonably
requested by the requesting party; provided that any request submitted by 

  

 62 

 
Landlord requesting an estoppel certificate by Tenant shall be accompanied by an estoppel certificate executed by Landlord indicating whether or not there
are any then existing defaults by Tenant under this Lease, and if so, describing said defaults. Tenant and any third party certifying, to the best of such party’s knowledge and belief, to the facts (if true) described in such certificate.

  
 7.9 Subsequent Documents. Any provision in this Lease for Tenant or
Landlord to execute estoppel certificates, subordination, non-disturbance or attornment agreements or other documents pertaining to this Lease, is subject to the requirements that, except as provided in this Lease or otherwise agreed to, any such
document must involve no diminution of Tenant’s or Landlord’s rights provided for in this Lease, no additional liability of Tenant or Landlord, and no cost or expense to Tenant or Landlord; and any estoppel certificate regarding Lease
defaults or breaches shall be limited to the actual knowledge of the signing representative. 
  
 7.10 Interest Holder Privileges. In the event of any Landlord’s Default, Tenant shall give written notice thereof to Landlord and to any Interest Holder whose address shall have been furnished to Tenant,
such notice to be delivered to said Interest Holder at the same time notice is delivered to Landlord. Tenant shall offer such Interest Holder the same opportunity to cure the default as Landlord is entitled, and Tenant shall forbear in the exercise
of any rights or remedies in the interim. 
  
 ARTICLE VIII

 SUBLEASING, ASSIGNMENT, LIABILITY, AND CONSENTS 
  
 8.1 Sublease or Assignment by Tenant. 
  
 (a) Tenant shall not (i) assign, convey or otherwise transfer (whether voluntarily, by operation of law, or otherwise) this Lease or any interest
hereunder to any party other than to an Affiliate or corporate successor of Tenant or (ii) allow any lien to be placed upon Landlord’s or Tenant’s interest hereunder in and to the Leased Premises or the Properties or the estates or
interests created by this Lease. 
  
 (b) Subject to the provisions
of this Section 8.1(b), Tenant may, at any time during the Term, sublease all or a portion of the Leased Premises; provided that any sublease for a term of longer than five (5) years, other than a sublease to an Affiliate or corporate
successor of Tenant or to one or more of Tenant’s vendors for the purpose of allowing such vendors to place their personnel on-site at Tenant’s premises during the duration of the vendor/vendee relationship, shall be subject to and
contingent upon Landlord’s right of recapture as provided in this Section 8.1(b). If Tenant desires to sublet all or any portion of the Leased Premises to a person or entity other than an Affiliate, corporate successor or Tenant vendor
for a term of longer than five (5) years, Tenant shall notify Landlord in writing at least twenty (20) days prior to the date on which Tenant desires such sublease to become effective (hereinafter referred to in this Section 8.1(b) as the
“Transfer Notice”) of the (i) economic terms of the proposed subletting, (ii) the identity of the proposed sublessee, (iii) the area proposed to be sublet (hereinafter referred to as the “Sublet Space”), and (iv)
the use to be made by such sublessee of such Sublet Space. The Transfer Notice shall also state in all capital letters (or other prominent display), that Landlord shall be deemed to have declined to recapture the Sublet Space and to have approved
the 

  

 63 

 
sublease if Landlord fails to respond within twenty (20) days after receipt thereof. If Landlord fails to respond to such Transfer Notice within twenty (20)
days after receipt thereof, Landlord shall be deemed to have approved the proposed sublease as set forth in the Transfer Notice. Tenant agrees to use its reasonable efforts to promptly provide any additional information about a proposed sublease
that is reasonably requested by Landlord. Tenant shall deliver a copy of any such sublease to Landlord promptly after its execution. If Tenant shall fail to consummate the sublease that was the subject of the Transfer Notice on the same terms as
those set forth in the Transfer Notice within ninety (90) days following the date of the Transfer Notice, then Tenant shall be obligated to deliver to Landlord a further Transfer Notice in regard to the proposed sublease, and the process shall be
repeated until the sublease shall be signed within the time and on the terms required, or Landlord shall elect to recapture the Sublet Space. If Landlord elects to recapture the Sublet Space, upon such recapture and Tenant’s surrender and
Landlord’s acceptance of the Sublet Space, (i) Tenant shall be released from its obligations under this Lease for the remainder of the Term of this Lease as they relate to the recaptured Sublet Space only, including Tenant’s obligation to
pay Annual Basic Rent and Tenant’s Operating Expense Share and Tenant’s Tax Share as they relate to the recaptured Sublet Space only, and (ii) Landlord shall pay all leasing commissions, tenant improvement allowances and other costs
associated with releasing the recaptured Sublet Space and all costs associated with demising the recaptured Sublet Space for separate occupancy. No release of Tenant from its obligations under this Lease as they relate to Sublet Space recaptured by
Landlord as aforesaid shall be deemed an exercise by Tenant of any Contraction Rights granted to Tenant pursuant to Article XI. 
  
 (c) Anything in this Lease contained to the contrary notwithstanding, Tenant shall not have the right to sublease all of any portion of the Leased
Premises to an organization or person enjoying sovereign or diplomatic immunity. 
  
 (d) Each sublessee must fully observe all covenants of this Lease applicable to the Sublet Space, and no consent by Landlord to a sublease shall be deemed in any manner to be a consent to a use not permitted under
this Lease. During the occurrence of an Event of Default by Tenant hereunder, Landlord may collect subrentals directly from a sublessee of the Sublet Space. 
  
 (e) Notwithstanding the giving by Landlord of its consent or approval to any subletting, assignment or occupancy as provided in this Section 8.1 or
any language contained in such lease, sublease or assignment to the contrary, except to the extent this Lease or any obligation or liability of Tenant hereunder is expressly terminated or released in writing by Landlord, Tenant shall not be relieved
of any of Tenant’s obligations or covenants under this Lease and Tenant shall remain fully liable hereunder. 
  
 (f) Any attempted assignment, sublease or other transfer by Tenant in violation of the terms and covenants hereof shall be void and shall be a breach
under Section 7.1(a)(iii), with respect to which, however, no grace period shall apply. Any consent or approval by Landlord to a particular assignment, sublease or other transfer shall not constitute Landlord’s consent or approval to any
other or subsequent assignment, sublease or other transfer, and any proposed assignment, sublease or other transfer by an assignee, sublessee or transferee of Tenant or any other assignee, sublessee or transferee shall be subject to the provisions
hereof as if it were a proposed assignment, sublease or other transfer by Tenant. 
  

 64 

 (g) Tenant agrees to reimburse Landlord for reasonable legal fees and costs incurred by Landlord in
connection with Landlord’s consideration of any request by Tenant for a Subtenant Non-Disturbance Agreement in connection with a Cost Approved Sublease, it being understood that, if the sublease does not satisfy the criteria for a Cost Approved
Sublease, Landlord may grant or withhold its approval of the Subtenant Non-Disturbance Agreement in Landlord’s sole discretion. 
  
 (h) If (i) Landlord declines its right of recapture and Tenant thereafter enters into a sublease that satisfies mutually acceptable criteria theretofore
established by Landlord and Tenant or (ii) Tenant obtains Landlord’s prior written approval of the particular sublease, including the term, the subtenant, the subrent, the sublease improvement allowances and other material economic and
non-economic terms of the sublease before Tenant enters into the sublease with the third party subtenant (a subtenant who is neither an Affiliate, corporate successor of Tenant nor a Tenant vendor); it being understood that, if the sublease does not
satisfy the mutually approved criteria, Landlord may grant or withhold its approval of the sublease for purposes of this cost reimbursement in Landlord’s sole discretion (any such sublease, a “Cost Approved Sublease”), then
Landlord shall reimburse Tenant for the unamortized balance (computed without interest on a straight line basis over the basic term of the Cost Approved Sublease, excluding renewals) of the actual, documented leasing commissions and subtenant
improvement expenditures made by Tenant in connection with delivering the Sublet Space to the subtenant pursuant to the Cost Approved Sublease, calculated and payable as of the date Tenant surrenders possession of the subject Sublet Space to
Landlord. If so requested by Landlord, Tenant shall deliver to Landlord, a statement in reasonable detail itemizing Tenant’s sublease improvement expenditures to the Sublet Space and such other and further information and documentation
regarding the Cost Approved Sublease as Landlord shall reasonably request. 
  
 (i) Any provision of the Lease to the contrary notwithstanding, the rights granted to Tenant pursuant to provisions of Section 1.4 (Options to Renew), Section 3.4 (Building Identity; Signage;
Exclusivity), Article IX (Purchase and Sale), Article X (Expansion Rights) and Article XI (Contraction Rights) are personal to the herein named Tenant and any corporate successor or permitted assignee of this Lease and such
rights may not be assigned or subleased to, or exercised by, any other person or entity, it being understood that no assignment of this Lease or subletting of all or a portion of the Leased Premises shall cancel or void any of the aforesaid rights
as they pertain to the herein named Tenant and any corporate successor permitted assignee of this Lease. Tenant shall furnish to Landlord copies of any and all subleases executed by Tenant within ten (10) business days following the date such
sublease is by its terms effective and whether such sublease is a Cost Approved Sublease and, if so, Tenant’s sublease improvement expenditures incurred in connection therewith. All subleases shall by their terms be subject and subordinate to
this Lease as amended from time to time. 
  
 (j) In any instance
in which Landlord shall have the right of recapture but Tenant shall, in violation of Section 8.1(b), sublease Sublet Space without first offering the same to Landlord, then without limitation of Landlord’s rights, Landlord shall have
the continuing right of recapture pursuant to Section 8.1(b) upon learning of such sublease and so advising Tenant; the twenty (20) day response period reserved to Landlord under Section 8.1(b) being deemed tolled until the date Tenant
delivers a Transfer Notice in respect of the Sublet Space and shall run 

  

 65 

 
for a period of twenty (20) days thereafter. If Tenant shall have subleased the Sublet Space at a profit (after deduction of Tenant’s reasonable,
documented costs of subleasing) and Landlord thereafter elects to recapture, then Tenant shall be obliged to compensate Landlord, upon Landlord’s demand, in the full amount of such profit from the inception of such sublease to the date of
recapture. Except as provided in this Section 8.1(j), Tenant shall retain any and all profits on subleasing. 
  
 8.2 Assignment by Landlord. At any time after the Commencement Date, but subject to the provisions of Section 9.3, Landlord shall have the right to
transfer, assign or convey, in whole or in part, the Properties of which the Leased Premises are a part, or any portion or portions thereof, and any and all of its rights under this Lease, and in the event Landlord transfers, assigns, or conveys its
rights and obligations under this Lease, Landlord shall thereby be released from any future obligations hereunder and Tenant agrees to look solely to such successor in interest of the Landlord for performance of such future obligations to the extent
such successor in interest has, by written instrument of which a copy has been delivered to Tenant, assumed all of the liabilities and obligations of its predecessor in interest under this Lease accruing from and after the date of such transfer,
assignment or conveyance; the foregoing provision shall not release the transferring Landlord from any obligation or liability which has not been assumed by such successor in interest of Landlord. Except for such release of the prior Landlord, in no
event shall any transfer, assignment or conveyance affect or otherwise impair the rights of Tenant to accrued self-help, abatement or other rights and remedies of Tenant hereunder arising out of any breach of an express warranty or representation of
any Landlord contained in this Lease, the failure of any Landlord to perform any covenant of Landlord under this Lease or otherwise arising out of this Lease. Notwithstanding any other provision of this Lease, except as expressly provided in
Sections 9.3, no transfer, assignment or conveyance of interest of the transferring Landlord in all or any part of the Property or the Land shall release or reduce, or prejudice Tenant’s rights against the transferring Landlord with
respect to, any liabilities or obligations of Landlord which accrued, or relate to any period of time, prior to the date of such transfer, assignment or conveyance. 
  
 ARTICLE IX 
 PURCHASE AND SALE 
  
 9.1 Tenant’s Right of First Refusal
to Purchase. If at any time during the Initial Term of this Lease, Landlord shall receive a bona fide offer (a “Third Party Offer”) from a third party (other than a purchaser making a bid at any sale incidental to the exercise
of any remedy provided for in any mortgage encumbering a Building or a Property, or a proposed transaction with an Affiliate of Landlord) to purchase a Major Property, which Third Party Offer is in all respects acceptable to Landlord, and if at the
time Landlord receives such Third Party Offer, no Event of Default has occurred hereunder and shall be continuing and the herein named Tenant, or its Affiliates, shall remain in possession of at least thirty-five percent (35%) of the Net Rentable
Area of such Major Property, then Landlord shall notify Tenant of such Third Party Offer. If both of the conditions enumerated in the previous sentence shall be satisfied, Landlord shall notify Tenant of such Third Party Offer and for a period of
twenty (20) days after such notice is sent by Landlord, Tenant shall have the exclusive right to accept Landlord’s offer to purchase Landlord’s interest in the Major Property upon the terms and conditions set forth in the Third Party
Offer. Tenant shall exercise such right of first refusal, if at all, by delivering its written purchase offer to 

  

 66 

 
Landlord within said twenty (20) days after the date of Landlord’s notice. Such purchase shall occur not later than sixty (60) days following
Tenant’s acceptance of Landlord’s offer. On the date of such purchase, Landlord shall convey and assign to Tenant, or its designee, Landlord’s interest in the Major Property in consideration of payment of the sale price therefor, in
accordance and upon compliance with the terms and conditions of the Third Party Offer, and this Lease shall terminate with respect to the Leased Premises located in the Major Property conveyed to Tenant. If Tenant fails to accept Landlord’s
offer within such twenty (20) day period, then Landlord shall be free to sell the Major Property for a period of nine (9) months thereafter on the same economic terms and conditions (or on different terms more favorable to Landlord, as seller)
without offering the Major Property to Tenant. If Landlord does not convey its interest in the Major Property within such nine (9) month period, then Tenant’s rights pursuant to this paragraph shall be reinstated. In no event shall the right of
first refusal provided in this Section 9.1 apply to any foreclosure of any Property or the delivery of any deed-in-lieu of foreclosure and such right of first refusal shall terminate and be of no further force or effect upon and following a
foreclosure or the delivery of a deed-in-lieu of foreclosure. 
  
 9.2 Right of
First Offer on Sale. 
  
 (a) During the Initial Term, with
respect to all Properties that are not Major Properties, and during each and any Renewal Term, with respect to all Properties for which Tenant shall have renewed the term hereof in accordance with the provisions of Section 1.4 of this Lease
(as applicable, a “ROFO Eligible Property”), so long as no Event of Default shall have occurred hereunder and be continuing, and for so long as the herein named Tenant, or its Affiliates, shall remain in possession of at least
thirty-five percent (35%) of the Net Rentable Area of such ROFO Eligible Property (together, the “ROFO Eligible Conditions”), Tenant shall have the right of first offer to purchase such Properties should Landlord determine to sell
such ROFO Eligible Property, as more fully provided below. In no event shall the right of first offer provided in this Section 9.2 apply to any foreclosure of any Property or the delivery of any deed-in-lieu of foreclosure and such right of
first offer shall terminate and be of no further force or effect upon and following a foreclosure or the delivery of a deed-in-lieu of foreclosure. 
  
 (b) For so long as the ROFO Eligible Conditions persist, Landlord shall notice Tenant as to the offer price as well as other economic terms upon which
Landlord wishes to sell the ROFO Eligible Property, specifying the last date upon which Landlord will agree to make settlement on such sale. Tenant shall have thirty (30) days following Landlord’s delivery of such notice within which to respond
to such notice. If Tenant does not accept Landlord’s offer within such thirty (30) day period, Tenant’s rights under this Section shall lapse and Landlord shall thereafter be free to market and sell the ROFO Eligible Property upon the same
economic terms and for the price stated in the offer for a period of nine (9) months; provided that if Landlord fails to execute a definitive agreement to sell the ROFO Eligible Property within nine (9) months following the date of Landlord’s
original notice to Tenant or, within such nine (9) month period, Landlord desires to sell the ROFO Eligible Property for a purchase price or on economic conditions that are less than the offer price and conditions previously identified to Tenant,
Landlord shall re-offer the ROFO Eligible Property to Tenant as set forth above. 
  
 9.3 Separate Lease. If Landlord either (a) conveys a Property to a party that is not an Affiliate of Landlord after complying with the provisions of Sections 9.1 and 9.2, to the extent that the same 

  

 67 

 
are applicable, or (b) conveys a Property at which Tenant’s Occupancy Percentage is twenty-five percent (25%) or less to an Affiliate of FSG, if so
requested in writing by Landlord, Tenant, as tenant, shall execute a Separate Lease with the new owner of the Property, as landlord, which Separate Lease shall relate solely to the conveyed Property and shall (i) be for the same Term, including
Renewal Terms, as would otherwise pertain under this Lease (any such Separate Lease, a “Continuing Term Separate Lease”) or, at Tenant’s election and/or Landlord’s election, but, if at Landlord’s election, subject to
disapproval by Tenant in Tenant’s sole discretion, an initial term of five (5) years, with renewal terms of five (5) years each through the Expiration Date (any such Separate Lease, a “Five Year Term Separate Lease”), (ii) be
for the same Annual Basic Rent, Excess Basic Rent, if any, and Additional Rent as would otherwise be payable under this Lease (regardless of whether the Separate Lease is a Continuing Term Separate Lease or a Five Year Term Separate Lease) and (iii)
otherwise be on all of the same terms and conditions as set forth in this Lease, except that (A) if the Contraction Premises are located in a Property that is subject to a Continuing Term Separate Lease, Tenant shall exercise the Contraction Rights
granted to Tenant under Article XI by entering into a Contraction Assignment (if the Contraction Premises constitutes all of the Leased Premises at the Property) or a Contraction Sublease (if the Contraction Premises constitutes a portion,
but less than all, of the Leased Premises at the Property) with FSG or, at FSG’s election, an Affiliate of FSG and (B) Tenant shall have no Contraction Rights under Article XI for any Properties subject to Five Year Term Separate Leases.
Immediately upon the execution of a Separate Lease for a Property by the new owner of the Property and Tenant, this Lease shall terminate with respect to such Property and the Separate Lease shall in all aspects be controlling, except for FSG’s
obligation to enter into a Contraction Assignment or a Contraction Sublease, as applicable, to effectuate Tenant’s exercise of Contraction Rights for any Property subject to Continuing Term Separate Leases, which obligation of FSG shall
continue so long as Tenant continues to have Contraction Rights under this Lease. Notwithstanding the foregoing, in no event shall Tenant’s right to elect (without Landlord’s approval) a Five Year Term Separate Lease as provided in this
Section 9.3 apply to any foreclosure of any Property or the delivery of any deed-in-lieu of foreclosure and Tenant’s right to elect (without Landlord’s approval) a Five Year Term Separate Lease shall terminate and be of no further
force or effect upon and following a foreclosure or the delivery of a deed-in-lieu of foreclosure. 
  
 ARTICLE X 
 EXPANSION RIGHTS 
  
 10.1 Quarterly Availability Reports. Landlord shall advise Tenant in writing (each
such writing, a “Quarterly Availability Report”) on or about February 10, May 10, August 10 and November 10 during each year of the Initial Term of this Lease of all space then available for leasing in the Properties and in all
other properties then owned by Landlord and all other wholly-owned Affiliates of FSG (any such properties not owned by Landlord being hereinafter referred to as an “Affiliate Owned Property”). Each Quarterly Availability Report
shall list (a) the location of the Property or Affiliate Owned Property at which the space is available, (b) the approximate Net Rentable Area of the available space at each property, (c) the anticipated date of availability and (d) the approximate
base rent and estimated additional rent (and other charges) to be paid therefor. Landlord will use commercially reasonable efforts to provide accurate information in the Quarterly Availability Reports, but Tenant acknowledges and agrees that
Landlord does not and shall not represent or warrant the accuracy or completeness of the 

  

 68 

 
information contained in such reports or that any space identified as available for leasing in a report shall be available if, as and when Tenant desires to
lease such space. In no event shall Landlord have any liability to Tenant for any inaccurate or incomplete information set forth in a Quarterly Availability Report or shall any failure by Landlord to timely deliver a Quarterly Availability Report to
Tenant constitute a Landlord Default under this Lease or provide Tenant with any right or remedy against Landlord or any other person other than an action to specifically enforce Landlord’s obligations under this Section 10.1.

  
 10.2 Tenant’s Expansion Notice. 
  
 (a) If Tenant shall desire to lease available space at a Property or an
Affiliate Owned Property, Tenant shall notify Landlord of such interest (any such notification, a “Tenant’s Expansion Notice”) and identify (a) the Property or the Affiliate Owned Property in which Tenant desires to lease
additional space, (b) the approximate Net Rentable Area of the expansion space desired by Tenant, (c) the date by which Tenant desires to occupy the expansion space and (d) whether Tenant is committing, in advance of receiving the Landlord Expansion
Response, to lease the space identified in the Tenant Expansion Notice if and when available (any such space, “Pre-Committed Space”) subject to Tenant’s acceptance of Landlord’s determination of the Fair Market Rental
Value of such Pre-Committed Space. Tenant Expansion Notices may also include, or be combined with, Contraction Rights Exercise Notices, as provided in Article XI. 
  
 (b) Tenant acknowledges that Landlord’s Quarterly Availability Reports shall not identify the Purchase Agreement Vacate
Space as available for leasing until after Tenant vacates and surrenders possession of such space to Landlord as provided in the Purchase Agreement. Accordingly, if Tenant desires to lease Purchase Agreement Vacate Space as Leased Premises
hereunder, Tenant shall notify Landlord in writing within the time period specified in the Purchase Agreement of the Purchase Agreement Vacate Space that Tenant desires to lease and whether Tenant desires to add such space to the Leased Premises as
Short Term Expansion Space or Coterminous Expansion Space as herein provided. In the event Tenant elects to add all or any portion of the Purchase Agreement Vacate Space to the Leased Premises as Coterminous Expansion Space, Landlord and Tenant
shall re-calculate and confirm the Termination Rights available to Tenant under Section 11.5. 
  
 10.3 Landlord Expansion Response. Landlord shall, within fifteen (15) days following Landlord’s receipt of a Tenant Expansion Notice notify Tenant (any such notification, a “Landlord Expansion
Response”) if the space identified in Tenant’s Expansion Notice is available for leasing and, if so, (a) the location, approximate Net Rentable Area and configuration of the potential expansion space, (b) the date by which Landlord
anticipates that the potential expansion spaces will become available and (c) Landlord’s opinion of the Fair Market Rental Value of the available potential expansion space. If no potential expansion space that satisfies Tenant’s criteria
is available, the Landlord Expansion Response shall so state. 
  
 10.4
Expansion Space Leases. Subject to the limitations expressed in Section 10.6, Tenant shall have the right and option (“Expansion Rights”) to lease all or a portion of the space available for leasing in the Properties
and in Affiliate Owned Properties as either Coterminous Expansion Space or Short Term Expansion Space, as Tenant may elect, on the terms and conditions set forth in this Article X; provided that all Expansion Space leased (a) during any

  

 69 

 
Renewal Term and (b) in any Affiliate Owned Property shall, regardless of Tenant’s election, be regarded as Short Term Expansion Space. Tenant shall
exercise an Expansion Right by written reply to a Landlord Expansion Response (any such timely reply, an “Expansion Space Acceptance”), which shall specify, with particularity, (a) the location, approximate Net Rentable Area and
configuration of the space described in the Landlord Expansion Response that Tenant desires to lease, (b) whether Tenant desires to lease such space for a term that is coterminous with the Term of this Lease (“Coterminous Expansion
Space”) or for a term of five (5) years (“Short Term Expansion Space”) and (c) whether Tenant agrees with Landlord’s opinion of the Fair Market Value of the space that Tenant desires to lease or if Tenant desires to
have the same determined by appraisal as provided in Sections 1.4(d) and (e). All space for which Tenant timely exercises an Expansion Right, either as Coterminous Expansion Space or Short Term Expansion Space, shall be referred to as
“Expansion Space”. 
  
 (a) Purchase Agreement
Vacate Space that Tenant elects to add to the Lease Premises under this Lease as Coterminous Expansion Space shall be added on the same terms and conditions as apply to all other Leased Premises as then demised hereunder so that (i) the Annual Basic
Rent payable for the Purchase Agreement Vacate Space shall be the same as the Annual Basic Rent payable for all other Leased Premises (except Short Term Expansion Space), calculated as the Net Rentable Area of the Purchase Agreement Vacate Space
multiplied by the Annual Basic Rent Factor and (ii) the Term of this Lease with respect to the Purchase Agreement Vacate Space shall be coterminous with the Term of this Lease for all other Leased Premises (except Short Term Expansion Space) in the
Property in which the Purchase Agreement Vacate Space are located, including any Renewal Terms, as Tenant may elect; provided that such Coterminous Expansion Space shall not (x) generate Relocation Rights under Section 11.3 if the Purchase
Agreement Vacate Space is added to the Leased Premises hereunder while Tenant is in possession thereof or within ten (10) business days following the date on which Tenant surrenders possession of such space to Landlord in conformity with the
requirements of Section 11 of the Purchase Agreement or (y) constitute Expansion Space for which Tenant shall at any time be obligated to pay Excess Basic Rent under Section 10.5. 
  
 (b) Coterminous Expansion Space (other than Purchase Agreement Vacate Space)
shall be added as Leased Premises under this Lease on the same terms and conditions as apply to all other Leased Premises as then demised hereunder so that (i) the Annual Basic Rent payable for the Coterminous Expansion Space shall be the same as
the Annual Basic Rent payable for all other Leased Premises (except Short Term Expansion Space), calculated as the Net Rentable Area of the Coterminous Expansion Space multiplied by the Annual Basic Rent Factor and (ii) the Term of this Lease with
respect to the Coterminous Expansion Space shall be coterminous with the Term of this Lease for all other Leased Premises (except Short Term Expansion Space) in the Property in which the Coterminous Expansion Space are located, including any Renewal
Terms, as Tenant may elect. For each square foot of Net Rentable Area of Coterminous Expansion Space (other than Purchase Agreement Vacate Space) added to the Leased Premises by Tenant, Tenant shall receive and be permitted to exercise Relocation
Rights as provided in Article XI on Contraction Premises containing up to the same Net Rentable Area; provided that Relocation Rights created by adding any particular Coterminous Expansion Space may only be exercised, if at all, by
Tenant’s delivering a Contraction Rights Exercise Notice to Landlord during the eighteen (18) month period following the date on which such Coterminous Expansion 

  

 70 

 
Space was added to the Leased Premises and Tenant began paying Rent thereon (such period for each Coterminous Expansion Space, as applicable, the
“Relocation Rights Exercise Period”). 
  
 (c)
Short Term Expansion Space (including any Purchase Agreement Vacate Space) shall be added as Leased Premises under this Lease on the same terms and conditions as apply to all other Leased Premises as then demised hereunder, except that (i) the
Annual Basic Rent payable for the Short Term Expansion Space shall be the Fair Market Rental Value of the Short Term Expansion Space, determined by appraisal as provided in Sections 1.4(d) and (e), (ii) the Term of this Lease with
respect to the Short Term Expansion Space shall be the lesser of (A) five (5) years or (B) the then remaining balance of the Term for the remainder of the Leased Premises in the Property in which the Short Term Expansion Space are located, (iii)
Tenant shall have the right, exercisable by written notice to Landlord not less than twelve (12) months prior to the expiration of the then current Term for the Short Term Expansion Space, to renew the Term for the Short Term Expansion Space for one
or more periods, as Tenant may elect, each equal to the lesser of (A) five (5) years or (B) the then remaining balance of the Term for the remainder of the Leased Premises in the Property in which the Short Term Expansion Space are located, (iv) the
Annual Basic Rent payable in respect of the Short Term Expansion Space during any renewal Term shall be the Fair Market Rental Value of the Short Term Expansion Space, determined as of the date of Tenant’s renewal notice by appraisal as
provided in Sections 1.4(d) and (e), (v) Tenant shall not be permitted to exercise Contraction Rights under this Lease with respect to any Short term Expansion Space and (vi) Short Term Expansion Premises leased by Tenant under this
Lease shall constitute “Qualifying Expansion Premises” under the URR Agreement. 
  
 (d) Tenant shall accept all Expansion Space in its “AS—IS” condition, and Rent for all Expansion Space shall commence on the earlier of (i) the date Tenant commences business operation in such Expansion
Space or (ii) ninety (90) days following the date on which Landlord delivers such Expansion Space to Tenant free from the rights of other tenants and occupants. Tenant shall pay all costs incident to Tenant’s relocation to, moving into and
making the Expansion Premises ready for Tenant’s use and occupancy, which tenant improvement work shall be performed by Tenant in conformity with the provisions of Section 5.2. 
  
 (e) Promptly following Tenant’s timely exercise of an Expansion Right,
Landlord and Tenant shall amend the Lease Supplement for the Property in which the Expansion Space are located and Exhibit A to this Lease to reflect the addition of the Expansion Space to the Leased Premises and to confirm the terms thereof,
including the Net Rentable Area of the Expansion Space, the Annual Basic Rent payable in connection therewith, the Term of Expansion Space, the change to Tenant’s Occupancy Percentage resulting from the addition of the Expansion Space and the
Fair Market Rental Value of any Coterminous Expansion Space for purposes of calculating Excess Basic Rent, if any, determined by appraisal as provided in Sections 1.4(d) and (e). If the Expansion Space is located in an Affiliate Owned
Property, FSG shall cause the Affiliate that owns such property to enter into a separate lease for the Expansion Space with Tenant on the terms and conditions herein set forth and, to the extent applicable, substantially in the form of this Lease.

  
 (f) Tenant’s right to lease less than all of the space
identified in the Landlord Expansion Response shall be qualified by the requirement that, if Tenant desires to lease less than full floor in a Building, any available space on such partial floor that is not leased by Tenant 

  

 71 

 
must have a size and configuration, as reasonably agreed by Landlord and Tenant, that makes it readily leaseable to third party tenants. 
  
 10.5 Excess Basic Rent; Recalculation of Termination Rights. Promptly following the
expiration of the Relocation Rights Exercise Period for each Coterminous Expansion Space (other than Purchase Agreement Vacate Space), Landlord shall determine whether Tenant has exercised, in whole or in part, the Relocation Rights created by
adding such Coterminous Expansion Space to the Leased Premises and, if so, the Net Rentable Area of the Contraction Premises so terminated. If the aggregate Net Rentable Area of the Contraction Premises terminated from this Lease as a result of
Tenant’s exercise of the Relocation Rights created by a particular Coterminous Expansion Space is less than the Net Rentable Area of such Coterminous Expansion Space (the Net Rentable Area of any such deficiency, the “Unused Relocation
Rights Area”), and if the Fair Market Rental Value of such Coterminous Expansion Space (determined as provided in Section 10.4 and calculated on a cost per Net Rentable Area basis) is greater than the Annual Basic Rent Factor at the
time such Coterminous Expansion Space is added to the Leased Premises (the amount of any such excess, expressed in cost per Net Rentable Area, the “FMRV Increment”), Tenant shall pay Landlord additional basic rent (“Excess
Basic Rent”) during the Initial Term of this Lease for such Coterminous Expansion Space, calculated as the Unused Relocation Rights Area for such Coterminous Expansion Space multiplied by the FMRV Increment for such Coterminous Expansion
Space. The Excess Basic Rent payable by Tenant during the Relocation Rights Exercise Period for each Coterminous Expansion Space shall be payable, lump sum in arrears, at the time Landlord determines that Excess Basic Rent is payable with respect to
such Coterminous Expansion Space. Thereafter, and continuing during the remainder of the Initial Term, Excess Basic Rent shall be payable monthly, in advance, at the same time that Annual Basic Rent is payable. Any Excess Basic Rent payable by
Tenant shall be increased by one and one-half percent (1.5%) at the beginning of, as applicable, the sixth, eleventh and sixteenth Lease Years; provided that the increase following any period of less than five (5) years shall be pro rata. In the
event Tenant is required to pay Excess Basic Rent with respect to any Coterminous Expansion Space as herein provided, effective as of the expiration of the Relocation Rights Exercise Period for such Coterminous Expansion Space, Tenant’s
aggregate Termination Rights as described in Section 11.5 shall be increased by an amount equal to the Unused Relocation Rights for such Coterminous Expansion Rights multiplied by six percent (6%), with such product multiplied by a fraction,
the numerator of which is the number of Lease Years remaining when the Relocation Rights Exercise Period for such Coterminous Expansion Space commenced and the denominator of which is fifteen (15). 
  
 10.6 Subordination of Expansion Space Rights. Anything herein contained to the
contrary notwithstanding, Tenant’s Expansion Rights as provided in this Article X are and shall be subordinate to any rights heretofore or hereafter granted to any other party with respect to space in any and all Properties and Affiliate
Owned Property. Landlord and the owners of Affiliate Owned Property may, at their discretions, lease available space in any and all Properties and Affiliate Owned Property to any other party on such terms and conditions as they shall determine, at
any time, including after Landlord’s delivery of a Landlord Expansion Response, but before Landlord’s receipt of an Expansion Space Acceptance with respect to any Expansion Space. Landlord and the owners of Affiliate Owned Property may
choose to use any space that is or about to become vacant within any Property or Affiliate Owned Property for marketing or property management purposes, without notifying or offering such space to Tenant, or giving 

  

 72 

 
rise to any right of Tenant hereunder. Nothing contained in this Article X is intended, nor may anything herein be relied upon by Tenant, as a
representation by Landlord or any other party as to the availability of expansion space within any Property or Affiliate Owned Property at any time, and neither Landlord nor the owner of Affiliate Owned Property shall be obligated to lease any space
identified as available on any Landlord Expansion Response to Tenant unless, at the time Landlord receives an Expansion Space Acceptance, Landlord or such owner shall not have entered into a letter of intent or a lease agreement with respect to the
Expansion Space that is covered by the Expansion Space Acceptance. Notwithstanding the foregoing, Landlord shall not enter into a lease or letter of intent for any space identified in a Tenant Expansion Notice as Pre-Committed Space for a period of
thirty (30) days following Landlord’s receipt of the Tenant Expansion Notice identifying such Pre-Committed Space. 
  
 10.7 Duration. Tenant’s Expansion Rights under this Article X shall continue throughout the Term until there are fewer than twelve (12) months then
remaining in the Term and Tenant has not exercised any then available Renewal Option. Notwithstanding the foregoing, Landlord shall cause all Separate Leases to include Expansion Rights upon substantially the same the terms and conditions as are set
forth in this Article X; provided that Expansion Rights in a Separate Lease shall be limited to leasing available space in the Property subject to such Separate Lease (and not in any other Property or Affiliate Owned Property) and Five Year
Term Separate Leases shall only grant Tenant the right and option to lease Short Term Expansion Space. 
  
 10.8 Disputes. Landlord and Tenant shall endeavor to resolve, in good faith, any disagreement arising as a result of Tenant’s exercise of Expansion Rights under this Article X, failing which such
disagreement shall be resolved in accordance with Article XII; provided that no disagreement between Landlord and Tenant regarding the contents of Tenant’s Expansion Space Acceptance shall render any otherwise effective Expansion Space
Acceptance ineffective. 
  
 ARTICLE XI 
 CONTRACTION RIGHTS 
  
 11.1 Contraction Rights. Subject to the terms and conditions of this Article XI, during the Initial Term of this Lease (but not during any Renewal Terms),
Tenant shall have the right and option (“Contraction Rights”) to terminate this Lease from time to time with respect to portions of the Leased Premises (excluding any Short Term Expansion Space) and/or to terminate a Continuing Term
Separate Lease with respect to portions of the premises leased under such Continuing Term Separate Lease (excluding any Short Term Expansion Space), as Tenant may elect, either by exercise of Relocation Rights, Early Termination Rights or
Termination Rights on the following terms and conditions. 
  
 11.2 Contraction
Rights Exercise Notice. Tenant shall exercise a Contraction Right by written notice to Landlord (any such notice, a “Contraction Rights Exercise Notice”), which shall specify, with particularity, (a) the location, approximate
Net Rentable Area and configuration of the portions of the Leased Premises (excluding any Short Term Expansion Space) and/or portions of the premises leased under Continuing Term Separate Leases (excluding any Short Term Expansion Space) that Tenant
desires to vacate and to terminate this Lease and/or a Continuing Term Separate Lease with respect to (such space, the “Contraction Premises”), (b) whether Tenant desires to exercise its Contraction Rights for the Contraction
Premises as a 

  

 73 

 
Relocation Right, an Early Termination Right or a Termination Right or a combination thereof (and, if a combination, the Net Rentable Areas covered by each
such form of Contraction Right), (c) the approximate date on which Tenant shall vacate and surrender possession of the Contraction Premises to Landlord, which date shall be no earlier than sixty (60) days following the date of Tenant’s
Contraction Rights Exercise Notice for Relocation Rights and Termination Rights and no earlier than fifty-six (56) months following the date of Tenant’s Contraction Rights Exercise Notice for Early Termination Rights (except that a
Tenant’s Contraction Rights Exercise Notice for Early Termination Rights effective as of the last day of the second Lease Year may be given up to one hundred twenty (120) days prior to the desired vacation and surrender date), (d) Tenant’s
determination of the reduction in Rent payable under this Lease and/or Continuing Term Separate Leases that will result from Tenant’s desired surrender of the Contraction Premises and (e) for Early Termination Rights only, the required Early
Termination Fee. If Tenant’s Contraction Rights Exercise Notice indicates that Tenant desires to exercise a Relocation Right and, on the date of the Contraction Rights Exercise Notice, Tenant does not have available Relocation Rights sufficient
to cover the Net Rentable Area of the Contraction Premises to be terminated by Relocation Rights, Tenant’s Contraction Rights Exercise Notice shall nevertheless be effective as to the entire Contraction Premises identified therein and Tenant
shall vacate and surrender possession of such entire Contraction Premises to Landlord, but, on the Contraction Premises Surrender Date, Tenant’s obligation to pay Rent on the Contraction Premises shall terminate as provided in Section
11.6 only as to the number of square feet of Net Rentable Area that Tenant has available Relocation Rights to cover and Tenant shall continue to pay Rent on (but, after the Contraction Premises Surrender Date, shall not have any possessory
rights in) the excess portion of the Contraction Premises until the earlier of the date on which (i) Tenant generates the necessary Relocation Rights by adding sufficient additional Coterminous Expansion Space to the Leased Premises and beginning to
pay Rent thereon or (ii) Tenant notifies Landlord in writing that Tenant desires to exercise available Termination Rights on the excess Contraction Premises. The approximate Net Rentable Area of the Contraction Premises shall be as identified by
Tenant in Tenant’s Contraction Rights Exercise Notice, subject to final measurement by Landlord in conformity with the Measurement Standard. Tenant may exercise available Contraction Rights on whole or partial floors at any Property, as Tenant
may elect; provided that if Tenant elects to exercise Contraction Rights on less than full floor in a Building, any such partial floor Contraction Premises shall have a size and configuration, as reasonably agreed by Landlord and Tenant, that makes
it readily leaseable to third party tenants. 
  
 11.3 Relocation Rights.
Subject to the terms and conditions of this Article XI, during the Initial Term of this Lease (but not during any Renewal Terms), Tenant shall have the right from time to time to exercise Contraction Rights by surrendering to Landlord
Contraction Premises containing the same or less Net Rentable Area as the Net Rentable Area of Coterminous Expansion Space added to the Leased Premises by Tenant (such rights, “Relocation Rights”); provided that Tenant shall only be
permitted to exercise Relocation Rights during the Relocation Rights Exercise Period for the Coterminous Expansion Space that created the applicable Relocation Rights. 
  
 11.4 Early Termination Rights. Subject to the terms and conditions of this Article XI, during the Initial Term of this Lease
(but not during any Renewal Terms), Tenant shall have the right from time to time to exercise Contraction Rights by surrendering to Landlord Contraction Premises containing up to four hundred thousand (400,000) square feet of Net Rentable Area, in

  

 74 

 
the aggregate (such rights, “Early Termination Rights”); provided that (a) until the expiration of the second Lease Year, Tenant may not
exercise any Early Termination Rights and (b) prior to the expiration of the third Lease Year, Tenant shall only be permitted to exercise Early Termination Rights by sending Contraction Rights Exercise Notices to Landlord on Contraction Premises
containing Net Rentable Area of up to two hundred thousand (200,000) square feet of Net Rentable Area, in the aggregate. Tenant’s Contraction Rights Exercise Notice for Early Termination Rights shall only be effective if accompanied by a
payment in the amount of the Early Termination Fee for the Contraction Premises identified in such notice. In the event that the Contraction Premises Surrender Date for all or any portion of the Contraction Premises occurs after the anticipated date
of termination as stated in the Contraction Rights Exercise Notice, promptly following the Contraction Premises Surrender Date for such Contraction Premises Landlord and Tenant shall re-calculate the Early Termination Fee for the Contraction
Premises using the actual Contraction Premises Surrender Date, and Tenant shall pay any additional Early Termination Fee amount to Landlord within twenty (20) days following such determination. 
  
 11.5 Termination Rights. Subject to the terms and conditions of this Article
XI, Tenant shall have the right, exercisable at any time after the expiration of the sixth month of the fourth Lease Year and prior to the expiration of the Initial Term, to exercise Contraction Rights by surrendering to Landlord Contraction
Premises containing up to Two Hundred Eighty Two Thousand Eight Hundred Sixty-One (282,861) square feet of Net Rentable Area (i.e., six percent (6%) of Net Rentable Area of the Leased Premises plus the Exchange Space on the Commencement Date), in
the aggregate (such rights, “Termination Rights”); provided that (a) until the expiration of the sixth month of the fourth Lease Year, Tenant may not exercise any Termination Rights and (b) prior to the expiration of the sixth month
of the ninth Lease Year, Tenant shall only be permitted to exercise Termination Rights by sending Contraction Rights Exercise Notices to Landlord on Contraction Premises containing Net Rentable Area of up to One Hundred Forty-One Thousand Four
Hundred Thirty-One (141,431) square feet OF Net Rentable Area (i.e., three percent (3%) of Net Rentable Area of the Leased Premises plus the Exchange Space on the Commencement Date), in the aggregate. 
  
 11.6 Contraction Premises Rent. Annual Basic Rent, Excess Basic Rent, if any, and
Additional Rent for the Contraction Premises shall continue to be due and payable until the later of (a) sixty (60) days following the date of Tenant’s Contraction Rights Exercise Notice for such Contraction Premises for Relocation Rights and
Termination Rights and fifty-six (56) months following the date of Tenant’s Contraction Rights Exercise Notice for Early Termination Rights (except that a Tenant’s Contraction Rights Exercise Notice for Early Termination Rights effective
as of the last day of the second Lease Year may be given up to one hundred twenty (120) days prior to the desired vacation and surrender date) or (b) the date on which Tenant shall vacate and surrender possession of the Contraction Premises to
Landlord as provided in Section 4.1 (the later such date, the “Contraction Premises Surrender Date”). Tenant shall bear all costs and expenses incident to vacating and surrendering the Contraction Premises in the condition
required by this Article XI. Promptly following the Contraction Premises Surrender Date, Landlord and Tenant shall amend the Lease Supplement for the Property in which the Contraction Premises are located and Exhibit A to this Lease to
reflect the termination of the Contraction Premises from the Leased Premises and to confirm the terms thereof, including the 

  

 75 

 
reduction in the Net Rentable Area of the Leased Premises, the reduction in Annual Basic Rent and the change to Tenant’s Occupancy Percentage at the
Contraction Premises. 
  
 11.7 Surrender; Contraction Premises Demising
Work. Tenant shall remove all of Tenant’s personal property from the Contraction Premises on or before the Contraction Premises Surrender Date. In the event Tenant fails to remove its personal property from the Contraction Premises by such
date, Landlord shall have the right to remove and dispose of the same at Tenant’s expense. Tenant shall deliver the Contraction Premises to Landlord in the condition as it was required to be maintained by Tenant under this Lease, reasonable
wear and tear and Demising Work, if any, excepted, and subject to the provisions of Section 5.3 and Article VI. Any failure by Tenant to vacate and surrender possession of the Contraction Premises in conformity with the requirements of
this Article XI prior to expiration of the Contraction Premises Surrender Date shall entitle Landlord to exercise the rights and remedies expressed in Section 7.6. As expeditiously as possible following the Contraction Premises
Surrender Date, Tenant shall perform, at Tenant’s sole cost and expense, any Demising Work required at the Property in which the Contraction Premises are located as provided in Section 5.7. If Tenant fails to expeditiously
commence and complete any Demising Work or if Landlord needs to accelerate completion of all or a portion of the Demising Work at a Property to accommodate Landlord’s leasing of space to third party tenants, Landlord shall have the right, but
not the obligation, to complete, at Tenant’s sole cost and expense, all or a portion of the unfinished Demising Work. 
  
 11.8 Duration. Any Contraction Rights under this Article XI, including Relocation Rights, Early Termination Rights and Termination Rights, that remain
unexercised on the last day of the Initial Term shall automatically, and without further action of Landlord or Tenant, become null and void, and Tenant shall have no Contraction Rights during any Renewal Term. Relocation Rights created by adding any
particular Coterminous Expansion Space may only be exercised, if at all, during the Relocation Rights Exercise Period for such Coterminous Expansion Space. 
  
 11.9 Disputes. Landlord and Tenant shall endeavor to resolve, in good faith, any disagreement arising as a result of Tenant’s exercise of Contraction Rights
under this Article XI, failing which such disagreement shall be resolved in accordance with Article XII; provided that no disagreement between Landlord and Tenant regarding the contents of Tenant’s Contraction Rights Exercise
Notice shall render any otherwise effective Contraction Rights Exercise Notice ineffective. 
  
 ARTICLE XII 
 DISPUTE RESOLUTION 
  
 12.1 Approval Procedure; Dispute Resolution. 
  

(a) When the approval or consent by either Landlord or Tenant is required hereunder and such approval or consent may not be expressly withheld in such
party’s sole discretion, the parties shall proceed as follows: 
  
 (i) The party requesting the approval or consent (the “Requesting Party”) shall submit a written request for approval or consent together with such information and 

  

 76 

 
supporting documentation as is reasonably required to evaluate the request to the other party (the “Responding Party”). 
  
 (ii) Unless a specific time period for the Responding
Party’s response is provided for in this Lease (in which case, such specific time period shall control), the Responding Party shall have ten (10) days to (A) approve in writing the request as submitted, (B) approve in writing the request with
conditions, (C) deny in writing the request, or (D) respond with a written schedule of additional information and/or documentation to be submitted by the Requesting Party. If the Responding Party fails to timely provide any of the above responses,
the approval or consent shall be deemed to be given as requested. 
  
 (iii) If the Responding Party requests additional information and/or documentation, then within five (5) days after the Requesting Party delivers same to the Responding Party, the Responding Party shall again respond
as set forth in clause (ii) above. If the Responding Party fails to timely respond as set forth in clause (ii) above, the approval or consent shall be deemed to be given as requested. 
  
 (iv) All approvals, denials, and requests for additional documentation or information, when given, shall be
in writing. 
  
 12.2 Dispute Resolution. The parties hereby agree to
attempt to resolve all disputes and controversies arising out of or in connection with this Lease or its interpretation, performance or breach, promptly, equitably and in a good faith manner, through discussions and negotiations, but failing same,
the parties shall proceed as follows: 
  
 (a) Upon the occurrence
of any controversy or dispute arising out of or relating to this Lease, or its interpretation, performance or breaches, which the parties have not been able to resolve in the ordinary course through discussions and negotiations within a period of
thirty (30) days after the dispute or disagreement arises, each party shall appoint a senior officer of its management, fully authorized to settle the dispute or disagreement, to meet at a mutually agreed time and place not later than twenty (20)
days after such appointment, to resolve such dispute or disagreement. Should a resolution of such dispute or disagreement not be obtained within fifteen (15) days after a meeting of such senior officers for such purpose, either party may then, by
written notice to the other, submit the controversy or dispute to arbitration in, on an alternating basis, Philadelphia, Pennsylvania or Charlotte, North Carolina (or in such other cities as Landlord and Tenant shall elect, on an alternating basis).
The arbitration shall be conducted under the auspices of JAMS or its successor. The arbitration shall be initiated by a party by sending notice (the “Arbitration Notice”) of a demand to arbitrate by registered or certified mail to
the other party, and to JAMS. The Arbitration Notice shall contain a description of the subject matter of the arbitration, the dispute with respect thereto, the amount involved, if any, and the remedy or determination sought. If the dispute or
disagreement involves a Binding ADR Dispute, Landlord and Tenant shall submit the matter to binding arbitration. If the dispute or disagreement involves a “Major Dispute” the parties may, but shall not be required to submit the
matter to non-binding arbitration. 
  

 77 

 (b) If the dispute or controversy involves the granting, withholding or conditioning of consent or
approval of a matter described in Sections 2.4 (Budget), 3.1(b) (Supplemental HVAC), 3.4 (Signage), 3.5 (Communications Equipment), 5.2 (Alterations), 5.7 (Demising Work), 5.8 (Art) and 8.1
(Subletting) hereof (collectively, the “Approval Matters”) or if the dispute or controversy not involving an Approval Matter involves a total cost to either party of One Million Dollars ($1,000,000.00) or less (a “Binding
ADR Dispute”), and if the parties shall be unsuccessful in their efforts to negotiate a mutually satisfactory resolution of their dispute or disagreement, the parties shall submit the matter to binding arbitration, and JAMS shall provide to
the parties a list of three (3) arbitrators, and each party may strike one. The remaining arbitrator shall serve as the arbitrator for the dispute. The arbitrator so selected shall furnish Landlord and Tenant with a written decision within thirty
(30) days after his or her selection. The parties agree to arbitrate any Binding ADR Dispute pursuant to JAMS’ Streamlined Arbitration Rules as amended from time to time, and as modified to the extent practicable to give effect to the agreement
of the parties as stated above in this Section 12.2(b). Binding ADR Disputes shall not be conducted in person unless either Landlord or Tenant shall request an in-person arbitration. The decision of the arbitrator in a Binding Dispute shall
be final and shall be binding upon the parties, and judgment on the award rendered by the arbitrator may be entered in any court having jurisdiction thereof. 
  
 (c) If the dispute or controversy not involving an Approval Matter involves more than a total cost to either party of more than One Million Dollars
($1,000,000.00) under this Lease (“Major Dispute”), and if the parties elect to arbitrate, then JAMS shall provide a list of six (6) available arbitrators from which each party shall select one (1) arbitrator, and a third arbitrator
shall be selected by the two (2) arbitrators so selected. The third arbitrator shall be a neutral arbitrator who has not acted for either party (or is Affiliate) within the five (5) years preceding initiation of the arbitration. The arbitrators, so
selected, shall schedule the arbitration within sixty (60) days following the selection of the third arbitrator, and shall render their decision within sixty (60) days after the arbitration is concluded. If the parties agree to arbitrate any Major
Dispute, they shall do so pursuant to JAMS’ Comprehensive Arbitration Rules, as amended from time to time, and as modified to the extent practicable to give effect to the agreement of the parties as stated above in this Section 12.2(c).
In the instance of a Major Dispute, (A) the decision of the arbitrators shall not be final or binding, (B) either party shall have the right to file suit de novo in a court of competent jurisdiction, and (C) any and all statements,
admissions, or other representations made during the arbitration by either party shall be deemed privileged, confidential and inadmissible for any and all purposes in any such subsequent litigation. 
  
 (d) Notwithstanding the foregoing, this Article XII shall not apply to
any disputes, controversies or breaches relating solely to the non-payment of Rent or, unless agreed to by the parties, a Major Dispute. 
  
 12.3 Conduct of the Arbitration. Arbitration proceedings hereunder shall be subject to the following additional provisions: 
  
 (a) The hearing shall be conducted on a confidential basis without
continuance or adjournment; 
  

 78 

 (b) Any offer made or the details of any negotiation of the dispute subject to arbitration prior to
arbitration shall not be admissible; 
  
 (c) Each party shall be
entitled to all rights and privileges granted by the arbitrators to the other party; 
  
 (d) In the arbitration of any Major Dispute, each party shall be entitled to compel the attendance of witnesses or production of documents, and for this purpose, the arbitrators shall have the power to issue subpoenas
in accordance with the law of the State of North Carolina; 
  
 (e)
In the arbitration of any Major Dispute, each party shall have the right (upon leave of the arbitrators) to take depositions and obtain other discovery of the scope and in the manner which the arbitrators deem reasonably necessary to the preparation
and presentation of the party’s case; 
  
 (f) The arbitrators
shall have the power to impose on any party such terms, conditions, consequences, liabilities, sanctions and penalties as the deem necessary or appropriate (which shall be conclusive, final and enforceable as the award on the merits) to compel or
induce compliance with discovery and the appearance of, or production of documents in the custody or, any officer, director, agent or employee of a party any Affiliate of such party; 
  
 (g) Arbitrators may not award indirect, consequential or punitive damages or issue injunctive relief, and shall have no
power to deviate from the provisions of this Lease. 
  
 (h)
Neither party shall be in default under this Lease with respect to any provision hereof during the time period commencing as of the initial notice of desire to arbitrate and ending on the date of resolution by the arbitrators in the case of binding
arbitration and ending on the date of a final, unappealable decision of the court in all other circumstances; provided that during said period of arbitration and/or litigation each party shall continue to perform all duties and obligations required
to be performed by such party under this Lease and, with respect to the issue under dispute resolution, shall maintain the status quo. 
  
 12.4 Alternative Means of Arbitration with AAA. In the event that JAMS or any successor shall no longer exist or if JAMS or any successor fails to refuses to, or
is legally precluded from, accepting submission of such dispute, then the dispute shall be resolved by binding arbitration before the AAA under the AAA’s commercial arbitration rules then in effect. 
  
 12.5 Mediation; Litigation. Unless the parties mutually agree to arbitrate a Major
Dispute, prior to either party commencing litigation, the parties shall attempt to mediate such dispute. Accordingly, except as provided in Sections 12.2(d) or 13.1, no civil action with respect to any dispute or disagreement arising
out of or relating to this Lease shall be commenced until the matter has been submitted to JAMS, or its successor, for mediation. Either party may commence mediation by providing to JAMS and the other party a written request for mediation, setting
forth the subject of the dispute and the relief requested. The parties shall cooperate with JAMS and with one another in selecting a mediator from JAMS’ panel of mediators, and in scheduling the mediation proceedings. The parties agree that
they will participate in the mediation in good faith, and that they will share equally in its costs. All offers, promises, conduct and statements, whether oral or written, made in the course of the mediation by any of the parties, their agents,

  

 79 

 
employees, experts and attorneys, and by the mediator and any JAMS employees, are confidential, privileged and inadmissible for any purpose, including
impeachment, in any litigation or other proceeding involving the parties; provided that evidence that is otherwise admissible or discoverable shall not be rendered inadmissible or non-discoverable as a result of its use in the mediation. Either
party may seek equitable relief prior to the mediation to preserve the status quo pending the completion of that process. Except for such an action to obtain equitable relief, neither party may commence a civil action with respect to the matters
submitted to mediation until after the completion of the initial mediation session, or forty-five (45) days after the date of filing the written request for mediation, whichever occurs first. Mediation may continue after the commencement of a civil
action, if the parties so desire. The provisions of this clause may be enforced by any court of competent jurisdiction, and the prevailing party shall be entitled to an award of all costs, fees and expenses, including attorney’s fees, to be
paid by the party against whom enforcement is ordered. 
  
 ARTICLE XIII 
 TENANT REMEDIES 
  

13.1 Limited Offset. If a Landlord Default occurs and is continuing hereunder and Tenant elects to cure or attempts to cure the Landlord Default, and if
Landlord fails to reimburse Tenant for such reasonable costs of curing the Landlord Default within thirty (30) days after Tenant’s submission of an invoice for such costs together with reasonable supporting documentation, Tenant may from time
to time offset such costs against installments of Annual Basic Rent in an amount not to exceed Five Hundred Thousand Dollars ($500,000.00) in any twelve (12) calendar month period. 
  
 13.2 Landlord Letter of Credit. At the Closing, Landlord shall deliver to Tenant an irrevocable standby letter of credit
substantially in the form attached as Exhibit J hereto (“Landlord Letter of Credit”) in the stated amount of Three Million & 00/100 Dollars ($3,000,000.00), with Tenant as the sole beneficiary and issued by a domestic
United States bank satisfactory to Tenant. If Tenant receives a final, non-appealable monetary award in (a) a Binding ADR Dispute, (b) a Major Dispute and neither Landlord nor Tenant timely file suit de novo in a court of competent
jurisdiction appealing the decision in the Major Dispute or (c) a court of competent jurisdiction (in any such case, an “Award”), and Landlord fails to pay the Award to Tenant within thirty (30) days after the delivery of a written
decision of the Award to Landlord, Tenant may, at any time thereafter, draw against the Landlord Letter of Credit, in whole or in part, to satisfy the Award. Subject to the provisions of this Section 13.2, Tenant shall have the unconditional
right to draw upon the Landlord Letter of Credit to satisfy an Award by presenting Tenant’s site draft to the issuing bank as more fully provided in the Landlord Letter of Credit. The final expiry date of the Landlord Letter of Credit shall be
one (1) month following the Expiration Date of this Lease. 
  
 ARTICLE XIV 
 MISCELLANEOUS 
  
 14.1 Notices. Any notice or other communications required or permitted to be given under this Lease must be in writing and shall be given or delivered at the
addresses specified in Section 1.1 and sent by certified United States Mail, return receipt requested, telecopy, or by Federal 

  

 80 

 
Express or other nationally recognized overnight courier service. Any notice shall be deemed given upon receipt or refusal thereof. Either party shall have
the right to change its address to which notices shall thereafter be sent and the party to whose attention such notice shall be directed by giving the other party notice thereof in accordance with the provisions of this Section 14.1; provided
that such notice of change of address shall become effective only upon the other party’s actual receipt thereof. Additionally, each of Landlord and Tenant may designate one (1) additional address to which copies of all notices shall be sent.
Additionally, Tenant agrees that copies of all notices of a Landlord Default hereunder shall also be sent to each Interest Holder that notifies Tenant in writing of its interest and the address to which copies of such notices are to be sent.
Notwithstanding anything contained in this Section 14.1 to the contrary, any notice regarding a party’s change of address or designation of additional addressees shall become effective only upon the other party’s actual receipt
thereof. Any notice or other communication sent by either party pursuant to this Section 13.1 shall state, with particularity, by property number, address or other geographic designation noted on Exhibit A, the specific Leased Premises
involved. 
  
 14.2 Brokers. Tenant represents that it has not engaged any
broker, agent or similar party, other than TCCS and JLL, with respect to the transactions contemplated by this Lease. Tenant agrees to indemnify and hold harmless Landlord from and with respect to any claims for a brokerage fee, finder’s fee or
similar payment with respect to this Lease which is made by any party (other than TCCS and JLL) claiming by, through or under Tenant. Landlord represents that it has not engaged any broker, agent or similar party with respect to the transactions
contemplated by this Lease. Landlord agrees to indemnify and hold harmless Tenant from and with respect to any claims for a brokerage fee, finder’s fee or similar payment with respect to this Lease which is made by a party claiming by, through
or under Landlord. TCCS and JLL shall be paid a commission due, if any, pursuant to the terms of a separate agreement with such brokers, if, as and when closing shall occur and be completed under such Purchase Agreement. Neither TCCS or JLL shall be
entitled to receive a separate commission from Landlord in connection with this Lease or any amendment, renewal or modification hereof. 
  
 14.3 Binding on Successors. This Lease shall be binding upon and inure to the benefit of the legal representatives, successors and assigns of Landlord, and shall
be binding upon and inure to the benefit of Tenant, its legal representatives, successors, and, to the extent assignment may be approved by Landlord hereunder, Tenant’s assigns. Where appropriate the pronouns of any gender shall include the
other gender, and either the singular or the plural shall include the other. 
  
 14.4 Rights and Remedies Cumulative. Except as otherwise provided herein, all rights and remedies of Landlord and Tenant under this Lease shall be cumulative and none shall exclude any other rights or remedies allowed by law.

  
 14.5 Governing Law. This Lease shall in all respects be governed by,
and construed in accordance with, the laws of the State of North Carolina, including all matters of construction, validity and performance, except laws governing conflicts of law; provided that to the extent the law of the jurisdiction where a
Property is located requires that the laws of such jurisdiction apply to any aspect of this Lease, then, to that extent, such laws of such jurisdiction will also apply to such Property. 
  

 81 

 14.6 Rules of Construction. The terms and provisions of this Lease shall not be construed against or in favor of a
party hereto merely because such party is the “Landlord” or the “Tenant” hereunder or such party or its counsel is the draftsman of this Lease. 
  
 14.7 Authority and Qualification. Tenant warrants that all consents or approvals required of third parties (including its Board of
Directors) for the execution, delivery and performance of this Lease have been obtained and that Tenant has the right and authority to enter into and perform its covenants contained in this Lease. Landlord warrants that all consent or approvals
required of third parties (including its Board of Trustees) for the execution, delivery and performance of this Lease have been obtained and that Landlord has the right and authority to enter into and perform its covenants contained in this Lease.
Landlord and Tenant each also represents and warrants that it is lawfully doing business in the state in which the Properties are located. 
  
 14.8 Severability. If any term or provision of this Lease, or the application thereof to any person or circumstance, shall to any extent be invalid or
unenforceable, the remainder of this Lease, or the application of such provision to persons or circumstances other than those as to which it is invalid or unenforceable, shall not be affected thereby, and each provision of this Lease shall be valid
and shall be enforceable to the extent permitted by law. 
  
 14.9 Quiet
Enjoyment. Landlord covenants that Tenant shall and may peacefully and quietly have, hold and enjoy the Leased Premises, subject to the other terms hereof; provided that Tenant pays the Rent and other sums herein recited to be paid by Tenant and
performs all of Tenant’s covenants and agreements herein contained. It is understood and agreed that subject to the terms of Section 8.2 above, this covenant and any and all other covenants of Landlord contained in this Lease shall be
binding upon Landlord and its successors only with respect to breaches occurring during the ownership of Landlord’s interest hereunder. 
  
 14.10 Limitation of Personal Liability. Tenant specifically agrees to look solely to Landlord’s interest in the Properties and the rent and other income
derived therefrom after the date execution is levied for the recovery of any monetary judgment against Landlord, it being agreed that neither Landlord nor, in any event, its partners (direct and indirect), shareholders, directors, employees,
representatives and officers shall ever be personally liable for any such judgment or for any other liability or obligation of Landlord under this Lease beyond such interest in the Properties. The provision contained in the foregoing sentence is not
intended to, and shall not, limit any right that Tenant might otherwise have to obtain injunctive relief against Landlord or Landlord’s successors in interest or for offset or to prosecute any suit or action in connection with enforcement of
rights hereunder or arising here from or collection of amounts which may become owing or payable under or on account of insurance maintained by Landlord. 
  
 14.11 Memorandum of Lease. Upon the written request of Tenant, Landlord and Tenant shall enter into a short form of this Lease for the purpose of recording the
same, and shall, at Tenant’s expense, record the same. 
  
 14.12
Consents. Except where a party is specifically granted herein the right to approve or consent to a matter in its sole and absolute discretion, whenever in this Lease it is agreed that a 

  

 82 

 
party shall have the right to approve or consent to any matter, said party shall not unreasonably withhold, condition or delay its consent or approval.

  
 14.13 Time of the Essence. Time is of the essence in this Lease.

  
 14.14 Amendments. This Lease may not be altered, changed or amended,
except by an instrument in writing signed by Landlord and Tenant. 
  
 14.15
Entirety. This Lease embodies the entire agreement between Landlord and Tenant relative to the subject matter of this Lease and all summaries, proposals, letters and agreements with respect to the subject matter of this Lease that were
entered into prior to the date of this Lease shall be of no further force and effect after the date hereof. 
  
 14.16 References. All references in this Lease to days shall refer to calendar days unless specifically provided to the contrary. 
  
 14.17 Counterpart Execution. This Lease may be executed in any number of counterparts, each of which shall be an original, but such
counterparts together shall constitute one and the same instrument. 
  
 14.18
No Partnership. Nothing in this Lease creates any relationship between the parties other than that of lessor and lessee and nothing in this Lease, whether the computation of rentals or otherwise, constitutes the Landlord a partner of the
Tenant or a joint venturer or member of a common enterprise with the Tenant. 
  
 14.19 Captions. The captions and headings used in this Lease are for convenience and reference only and in no way add to or detract from the interpretation of the provisions of this Lease. 
  
 14.20 Required Radon Notice. RADON IS A NATURALLY OCCURRING RADIOACTIVE GAS THAT, WHEN
IT HAS ACCUMULATED IN A BUILDING IN SUFFICIENT QUANTITIES, MAY PRESENT A HEALTH RISK TO PERSONS WHO ARE EXPOSED TO IT OVER TIME. LEVELS OF RADON THAT EXCEED FEDERAL AND STATE GUIDELINES HAVE BEEN FOUND IN BUILDINGS IN FLORIDA. ADDITIONAL INFORMATION
REGARDING RADON TESTING MAY BE OBTAINED FROM YOUR COUNTY PUBLIC HEALTH UNIT. 
  
 14.21 Changes to Properties by Landlord. Landlord shall have the right at any time, without the same constituting an actual or constructive eviction and without incurring liability to Tenant therefor, to make reasonable changes to
the arrangement or location of entrances or passageways, doors and doorways, corridors, elevators, stairs, and bathrooms in the Common Areas of any Property so long as access to the Leased Premises remains comparable to or better than the access to
the Leased Premises available on the Commencement Date, and so long as visibility of the retail portion(s) of the Leased Premises and Tenant’s exterior signage (if any) is not adversely affected. Landlord shall have the right to close, from
time to time, the Common Areas and other portions of the Property for such temporary periods as Landlord deems legally necessary and sufficient to evidence Landlord’s ownership and control thereof and to prevent 

  

 83 

 
any claim of adverse possession by, or any implied or actual dedication to, the public or any party other than Landlord. 
  
 14.22 Storage Space. To the extent that any portion of the Leased Premises consists of
storage space in or about the Property, Tenant shall use the storage space for storage of files, records, and other personal property only and for no other purpose. Tenant shall not store any food (other than canned items) or perishable goods,
flammable materials (other than paper, cardboard, or normal office supplies), explosives, or any other inherently dangerous material in the storage space. Except for elevator service to the floor on which the storage space is located and lighting
for reasonable visibility in the storage space, Tenant acknowledges and agrees that there shall be no other services whatsoever provided to the storage space. Tenant agrees and understands that no bailment, deposit of goods for safekeeping,
warehouse receipt, bill of lading, or other document of title for the property stored by Tenant is intended or created hereby and Landlord is not engaged in the business of storing goods for hire or in the warehouse business. 
  
 14.23 WAIVER OF JURY TRIAL. LANDLORD AND TENANT EACH HEREBY WAIVES ITS RIGHT TO A JURY
TRIAL OF ANY ISSUE OR CONTROVERSY ARISING UNDER THIS LEASE. 
  
 14.24
Confidential Information. The form of this Lease has been or will be filed by Landlord with the Securities and Exchange Commission (“SEC”) in compliance with SEC requirements. Furthermore, Landlord and Tenant acknowledge that either
party may be required to make public disclosure of material facts concerning this Lease from time to time in order to satisfy the requirements of applicable securities or banking laws. Other than such disclosure that may be required to comply with
applicable laws, the parties agree to treat as confidential and to use reasonable efforts to prevent the inadvertent disclosure of proprietary information of either party delivered to the other pursuant to or in furtherance of the purposes of this
Lease; provided that nothing herein shall be deemed to preclude or impair the ability of either party to deliver any such information to its attorneys, accountants, lenders, investors and other such interested parties. 
  

 84 

 IN WITNESS WHEREOF, the parties hereto have executed this Lease as of the date aforesaid. 
  

							
	 	 	 	 	 LANDLORD:

			
	 	 	 	 	 FIRST STATES INVESTORS 5200,
 LLC, a Delaware limited liability company

	 Witness:
	 	 	 	 
				
	 	 	 	 	By:	 	 
	 	 	 	 	 Name:
	 	 Sonya A. Huffman

	 	 	 	 	 Title:
	 	 Vice President

			
	 	 	 	 	 TENANT:

			
	 	 	 	 	 BANK OF AMERICA, N.A.,
 a national banking association

				
	 	 	 	 	By:	 	 
	 	 	 	 	 Name:
	 	 Michael F. Hord

	 	 	 	 	 Title:
	 	 Senior Vice President

			
	 	 	 	 	 Attest:

				
	 	 	 	 	By:	 	 
	 	 	 	 	 Name:
	 	 Jeffrey B. Harrold

	 	 	 	 	 Title:
	 	 Assistant Vice President

  

 85 

 LIMITED JOINDER 
  
 The undersigned, being the sole member of Landlord, for value received and intending to be legally bound hereby, joins in
the execution of this Lease for the limited purposes of (i) agreeing to cause the Affiliate that owns Affiliate Owned Property to enter into a lease for Expansion Space in such property with Tenant as provided in Article X and (ii) agreeing
to enter into, or to cause an Affiliate to enter into, Contraction Assignments and Contraction Subleases with Tenant as provided in Article XI. 
  

							
	 	 	 	 	FSG:
			
	 	 	 	 	 FIRST STATES GROUP, L.P.,
 a Delaware limited partnership

			
	 Witness:
	 	 	 	 By: First States Group, LLC,
 a Delaware limited liability company and its
 sole general partner

				
	 	 	 	 	By:	 	 
	 	 	 	 	 Name:
	 	 Glenn Blumenthal

	 	 	 	 	 Title:
	 	 Senior Vice President & Chief Operating Officer

			
	 	 	 	 	 Date: October 1, 2004

  

 86 

 Schedule 1 
 Annual Basic Rent Factor Table 
  

						
	 Lease Year

	  	Annual Basic Rent
Factor

	  	Increase Factor

	 1
	  	$	9.01	  	n/a
	 2 - 5
	  	$	6.59	  	n/a
	 6 - 10
	  	$	6.69	  	1.015
	 11 - 15
	  	$	6.79	  	1.015
	 16 - 20
	  	$	7.47	  	1.1
	 21 - 25
	  	$	7.84	  	1.05
	 26 - 30
	  	$	8.23	  	1.05
	 31 - 35
	  	$	8.64	  	1.05
	 36 - 40
	  	$	9.08	  	1.05
	 41 - 45
	  	$	9.53	  	1.05
	 46 - 50
	  	$	10.01	  	1.05

  
 NOTE: At Closing and again, if
necessary, following Landlord’s re-measurement of the Buildings pursuant to the Measurement Standard, Landlord and Tenant shall re-calculate the Annual Basic Rent Factor as the annual rental rate, per square foot of Net Rentable Area,
calculated as the quotient of (i) the aggregate of the Property Amounts for all Properties subject to this Lease, divided by (ii) the aggregate Net Rentable Area of the Leased Premises. 
  
 As used herein, “Property Amount” shall mean, for each Property subject to this
Lease, the product of (i) the Agreed Upon Purchase Price for such Property, multiplied by (ii) 0.08549, multiplied by (iii) the Occupancy Percentage of such Property. 
  
 At Closing and again, if necessary, following Landlord’s re-measurement of the Buildings pursuant to the Measurement Standard, Tenant
agrees that Tenant’s Aggregate Occupancy Percentage (as defined in the Purchase Agreement) shall not be less than sixty-one & 8/10 percent (61.8%). 
  

 1

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00072-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00072-of-00352.parquet"}]]