Document:

Lease, dated as of April 1, 2006

 Exhibit 10.24 
 LEASE 
 between 
 PARMENTER GCC LP, LLLP (“Landlord”) 
 and 
 DANGER, INC. (“Tenant”) 
 for premises located at 
 GWINNETT COMMERCE CENTER 
 3700 Crestwood Parkway 
 Duluth, GA 30096 
  

 TABLE OF CONTENTS 
  

					
	 	  	 	  	Page
	 1.
	  	SUMMARY OF LEASE	  	4
			
	 2.
	  	DEFINITIONS	  	5
			
	 3.
	  	LEASE GRANT	  	7
			
	 4.
	  	LEASE TERM	  	8
			
	 5.
	  	BASE RENTAL	  	8
			
	 6.
	  	ADDITIONAL RENT	  	8
			
	 7.
	  	LATE PAYMENTS	  	9
			
	 8.
	  	OCCUPANCY AND USE	  	9
			
	 9.
	  	HAZARDOUS SUBSTANCES	  	10
			
	 10.
	  	COMPLIANCE WITH LAWS	  	10
			
	 11.
	  	SERVICE AND UTILITIES	  	10
			
	 12.
	  	IMPROVEMENTS ON PREMISES	  	11
			
	 13.
	  	GRAPHICS	  	11
			
	 14.
	  	CARE OF PREMISES	  	11
			
	 15.
	  	ALTERATIONS	  	11
			
	 16.
	  	REPAIR	  	11
			
	 17.
	  	PARKING	  	11
			
	 18.
	  	RE-ENTRY BY LANDLORD	  	12
			
	 19.
	  	ASSIGNMENT AND SUBLETTING	  	12
			
	 20.
	  	DISCHARGE OF LIENS	  	13
			
	 21.
	  	INSURANCE	  	13
			
	 22.
	  	WAIVER OF SUBROGATION / INDEMNITY	  	14
			
	 23.
	  	DAMAGE BY FIRE, ETC	  	15
			
	 24.
	  	CONDEMNATION	  	15
			
	 25.
	  	EVENTS OF DEFAULT	  	16
			
	 26.
	  	LANDLORD’S REMEDIES	  	16
			
	 27.
	  	QUIET ENJOYMENT	  	18
			
	 28.
	  	SURRENDER OF PREMISES	  	18
			
	 29.
	  	SUBORDINATION AND ATTORNMENT	  	18
			
	 30.
	  	TENANT ESTOPPEL LETTER	  	19
			
	 31.
	  	WAIVER	  	19
			
	 32.
	  	SECURITY DEPOSIT	  	19
			
	 33.
	  	NOTICES	  	20
			
	 34.
	  	CAPTIONS AND REFERENCES	  	21
			
	 35.
	  	SUCCESSORS AND ASSIGNS	  	21

					
			
	 36.
	  	SEVERABILITY	  	21
			
	 37.
	  	GOVERNING LAW	  	21
			
	 38.
	  	FORCE MAJEURE	  	21
			
	 39.
	  	TIME OF ESSENCE	  	21
			
	 40.
	  	ENTIRE AGREEMENT	  	21
			
	 41.
	  	SURVIVAL OF TENANT’S OBLIGATIONS	  	21
			
	 42.
	  	HOLDING OVER	  	21
			
	 43.
	  	CORPORATE AUTHORITY	  	21
			
	 44.
	  	MORTGAGE APPROVALS	  	21
			
	 45.
	  	LANDLORD’S LIEN	  	21
			
	 46.
	  	LANDLORD’S LIABILITY	  	21
			
	 47.
	  	RIGHT TO RELOCATE	  	21
			
	 48.
	  	RULES AND REGULATIONS	  	22
			
	 49.
	  	TRANSFERS BY LANDLORD	  	22
			
	 50.
	  	COMMISSIONS	  	22
			
	 51.
	  	SUBMISSION OF LEASE	  	22
			
	 52.
	  	FINANCIAL STATEMENTS	  	22
			
	 53.
	  	SPECIAL STIPULATIONS	  	22

 LEASE 
 Gwinnett Commerce Center 
 Duluth, GA 30096 
 THIS LEASE (hereinafter referred to as the “Lease”), made and entered into on the      day of
            , 2006, between Parmenter GCC LP, LLLP, a Delaware Limited Partnership (hereinafter referred to as “Landlord”) and Danger, Inc., a Delaware corporation
(hereinafter referred to as “Tenant”). 
 WITNESSETH: 
 1. Summary of Lease. The following is a summary of certain portions of the Lease: 
  

					
	(a)	  	Landlord:	  	 Parmenter GCC LP, LLLP,
 a Delaware Limited Partnership

			
	(b)	  	Landlord’s Address:	  	 Parmenter GCC LP, LLLP
 c/o Parmenter Realty Partners

 3700 Crestwood Parkway, Suite 180
 Duluth, GA
30096

			
	(c)	  	Other Address:	  	 Parmenter GCC LP, LLLP
 c/o Parmenter Realty Partners

 1111 Brickell Avenue, Suite 2910
 Miami, Florida
33131

			
	(d)	  	Tenant:	  	Danger, Inc., a Delaware corporation
			
	(e)	  	Tenant’s Address:	  	 prior to the Commencement Date:
 3101 Park
Boulevard
 Palo Alto, CA 94306
  
 following the Commencement Date:
 3700 Crestwood Parkway, Suite 300

 Duluth, GA 30096

			
		  		  	 with a copy to:
 3101 Park Boulevard
 Palo Alto, CA 94306

			
	(f)	  	Building Address:	  	 3700 Crestwood Parkway
 Duluth, GA
30096

			
	(g)	  	Suite Number:	  	Suite 300
			
	(h)	  	Floor(s) upon which the Premises are located:	  	Third
			
	(i)	  	Lease Term:	  	Five (5) years
			
	(j)	  	Commencement Date:	  	April 1, 2006, subject to the provisions of Section 4 of the Lease
			
	(k)	  	Expiration Date:	  	March 31, 2011, unless sooner terminated in accordance with the terms of the Lease, unless extended by agreement between Landlord and Tenant, and subject to the terms of Section 4 of the Lease

			
	(l)	  	Base Rental:	  	$109,960.50 per annum
			
	(m)	  	Monthly Base Rental:	  	$9,163.38
			
	(n)	  	Prepaid Rental	  	The amount of $9,163.38

					
	 (o)
	  	Rentable Area of Premises:	  	5,639 square feet. The rentable area of the Premises as set forth in this Section 1(o) is binding upon the parties and shall not be changed at any time during the Lease Term, as extended
pursuant to the terms of this Lease, except as the area of the Premises may be expanded pursuant to Paragraphs 5 and 6 of Exhibit “B”.
			
	 (p)
	  	Rentable Area of Building:	  	211,039 square feet. The rentable area of the Building as set forth in this Section 1(p) is binding upon the parties and shall not be changed at any time during the Lease Term, as extended
pursuant to the terms of this Lease.
			
	 (q)
	  	Tenant’s Percentage of Building:	  	2.672 percent. This percentage is calculated by dividing the rentable area of Premises by the rentable area of the Building.
			
	 (r)
	  	Security Deposit:	  	$125,000.00 in accordance with the terms of Section 32 hereof.
			
	 (s)
	  	Number of parking spaces	  	Seventeen (17) allocated but unreserved parking spaces and four (4) reserved parking spaces, which shall be available to Tenant during the initial term of this Lease and any extension term,
without additional charge.
			
	 (t)
	  	Broker:	  	 Parmenter Realty & Investment Company (“Landlord’s Broker”
 CRESA Partners of Georgia, LLC (“Tenant’s Broker”)

 IT IS UNDERSTOOD THAT THE FOREGOING IS INTENDED AS A SUMMARY OF PORTIONS OF THE LEASE FOR CONVENIENCE ONLY AND IF
THERE IS A CONFLICT BETWEEN THE ABOVE SUMMARY AND ANY PROVISIONS OF THIS LEASE HEREINAFTER SET FORTH, THE FORMER SHALL CONTROL. 
 2. Definitions. 

  

	 	(a)	“Building” means the office building located upon certain real property (the “Property”) in Land Lot(s) 203 of the 6th District of Gwinnett County,
Georgia being Lot 3, Block B of Crestwood Subdivision the address of which is 3700 Crestwood Parkway, Duluth, GA 30096. 

  

	 	(b)	“Premises” or “Leased Premises” means the office space which is located in the Building and shown on the drawing attached hereto as Exhibit
“A”. 

  

	 	(c)	“Base Rental” means the annual rental set forth in Section 1 hereof, as the same may be increased from time to time pursuant to the provisions of this Lease.

  

	 	(d)	“Commencement Date” means April 1, 2006, subject to Section 4 of the Lease. 

  

	 	(e)	“Expiration Date” means March 31, 201, unless sooner terminated or extended pursuant to this Lease and subject to Section 4 of this Lease.

  

	 	(f)	“Security Deposit” means the sum set forth in Section 1 above, which has been deposited with Landlord by Tenant. 

  

	 	(g)	“Common Areas” means those areas of the Building devoted to the lobby of the Building, common corridors, elevator foyers, restrooms, mechanical rooms, janitorial
closets, electrical and telephone closets, vending areas and other similar facilities for public and common use (but shall not include any such areas provided or reserved for the exclusive use of a particular tenant). Common Areas shall be measured
from and to the inside finished surface of exterior Building walls, and from and to the center of any partition walls which separate Common Areas from tenant spaces, including the Premises, and from Service Areas. It shall be Landlord’s
responsibility to maintain the Common Areas in good order and repair, subject to reimbursement by Basic Costs as permitted under this Lease. 

  

	 	(h)	“Service Areas” means those areas within the Building used for Building stairs, fire towers, elevator shafts, flues, vents, stacks, pipe shafts and vertical ducts
(but shall not include any such areas provided or reserved for the exclusive use of a particular tenant). Service Areas shall be measured from and to the inside finished surface of exterior Building walls, and from and to the center of any partition
walls which separate Service Areas from tenant spaces, including the Premises, and from Common Areas. 

  

	 	(i)	 “Exterior Common Areas” means all areas, not located within the Building, provided and maintained for the common use and benefit of Landlord and
tenants of the Building generally, and the employees, invitees and licensees of Landlord and such tenants, including, without limitation, parking areas (whether enclosed or not), streets, sidewalks, and landscaped areas (including Landlord’s
interest in any such areas which are part of the “common areas” established pursuant to the Declaration of Covenants, Conditions and Restrictions affecting the Building). It shall be 

  

 5 

	 	 
Landlord’s responsibility to maintain the Exterior Common Areas in good order and repair, subject to reimbursement by Basic Costs as permitted under
this Lease. 

  

	 	(j)	“Rentable Area of the Premises” means (1) the gross area of the Premises as measured from and to the inside surface of the outer glass of the exterior Building
walls, and from and to the center of any partition walls which separate the Premises from adjoining Common Areas, Service Areas, or premises of other tenants; plus (2) an area equal to the gross area of the Common Areas, measured by the method
described in Paragraph 2(g), times a fraction, the numerator of which is the gross area of the Premises as described in (1) above and the denominator of which is the Rentable Area of the Building, as hereinafter defined, which Landlord and
Tenant have stipulated to be the Rentable Area of the Premises set forth in the Lease summary in Paragraph 1. “Rentable Area of the Building” means the gross area of the Building as measured from and to the inside surface of the
outer glass of the exterior Building walls, and from and to the center of any partition walls of any Service Areas, which Rentable Area of the Building is set forth in the Lease summary in Paragraph 1. 

  

	 	(k)	“Basic Costs” means all expenses, costs and disbursements (but not repayment of debt or replacement of capital investment items other than those elsewhere herein
expressly included, nor specific costs specially billed to and paid by other tenants of the Building) of every kind and nature which Landlord shall pay or become obligated to pay because of, or in connection with, the ownership and operation of the
Building, the Property and the Exterior Common Areas, including but not limited to the following, with the understanding that Landlord shall use commercially reasonable efforts to operate the Building in an economically reasonable manner:
(i) wages and salaries, including payroll taxes, workers’ compensation, insurance premiums, and all other employment benefit and insurance costs to Landlord of all employees directly engaged in operating and maintaining the Building, and
that part of central accounting costs which are applicable to the Building; (ii) costs of all supplies and materials used in operation and maintenance of the Building; (iii) cost of all utilities for the Building including the cost of
water, sewer, gas, oil and electric and other fuels or forms of power or energy; (iv) cost of all maintenance and service agreements (oral or written) for the Building and the equipment therein including, but not limited to, security service,
window cleaning, janitorial service, elevator maintenance, maintenance of heating, ventilation and air-conditioning equipment, plumbing, controls, locks, alarms and all other parts of the Building; (v) landscaping and grounds maintenance costs
and expenses; (vi) annual and special assessments against the Property made pursuant to the Declaration of Covenants, Conditions and Restrictions by the Owners Associations; (vii) cost of all insurance relating to the Building or rents
therefrom including, but not limited to, the costs of casualty and liability insurance applicable to the Building and the Exterior Common Areas and to Landlord’s personal property used in connection with the Building and the Exterior Common
Areas; (viii) the following taxes; (A) personal property taxes (attributable to the year in which paid) imposed upon the furniture, fixtures, machinery, equipment, apparatus, systems, and appurtenances used in connection with the Building
for the operation thereof, and (B) real estate taxes, assessments, sewer rents, rates, and charges, transit taxes, taxes based upon the receipt of rent and any other federal, state, or local governmental charge, general, special, ordinary, or
extraordinary (but not including income or franchise taxes or any other taxes imposed upon or measured by Landlord’s income or profits, unless the same shall be imposed in lieu of real estate taxes) which may now or hereafter be levied or
assessed against the Building and/or the Property or the rents derived from the Building (in the case of special taxes or assessments which may be payable in installments, only the amount of each installment paid during the calendar year shall be
included in the taxes for that year); (ix) costs for the maintenance and repair of the Building and the personal property used in connection therewith (excluding repairs and maintenance costs which are paid from proceeds of insurance of which
are paid by, Tenant or other third parties, and alterations attributable solely to tenants of the Building other than Tenant); (x) amortization of the cost of installation of capital investment items which are primarily for the purpose of
reducing operating costs or which may be required by applicable laws effective on or after the Commencement Date, and all such capital improvements shall be amortized by Landlord over the useful life thereof, with interest at 8% per annum on
the amount unamortized from time to time; (xi) advertising and leasing fees; and (xii) legal and accounting expenses, including, but not limited to, such expenses as related to seeking or obtaining reductions in and/or refunds of real
estate taxes; and (xiii) commercially reasonable management fees. Notwithstanding the foregoing, the following costs shall be excluded from the definition of Basic Costs: 

  

	 	1.	Costs for which Landlord receives reimbursement from others (including reimbursement from insurance) as a payment other than for Basic Costs, 

  

	 	2.	Interest, charges and fees incurred on debt or payments on any deed of trust or ground lease on the Premises of which Landlord is debtor, trustor, or lessee;

  

	 	3.	Costs incurred in repairing, maintaining or replacing any structural elements of the Building for which Landlord is responsible pursuant to Paragraph 13(a) hereof;

  

	 	4.	Expense reserves; 

  

	 	5.	Costs in the nature of depreciation and amortization, 

  

 6 

	 	6.	Accounting costs, except those incurred in connection with the accounting of Basic Costs; 

  

	 	7.	Costs incurred as a result of casualties to the extent reimbursed or reimbursed by the insurance required to be carried by Landlord hereunder 

  

	 	8.	Costs incurred as a result of the exercise of the power of eminent domain; 

  

	 	9.	Earthquake or terrorism insurance deductibles, except to the extent used for repair or reconstruction and the costs amortized over the useful life of the repaired or reconstructed
improvements so damaged; 

  

	 	10.	Costs of a capital nature, including but not limited to capital improvements and alterations, capital repairs, capital equipment, and capital tools as determined in accordance with
generally accepted accounting principles, excepting only capital expenditures for improvements or changes to the Building, which are required by laws, ordinances, or other governmental regulations effective after the Commencement Date, and capital
expenditures which have the effect of reducing Operating Expenses, to the extent the cost of all such capital improvements are amortized over the useful life of said improvements, pursuant to Paragraph 4(b); to the extent permitted under this Lease,
capital costs shall be amortized over their useful life. 

  

	 	11.	Real estate brokerage and leasing commissions and other leasing costs, attorneys’ fees, costs, disbursements, and other expenses incurred in connection leasing, renovating, or
improving space for prospective tenants or other occupants of the premises in the Building; 

  

	 	12.	Advertising and marketing expenses, including the cost of any tenant parties paid by Landlord; 

  

	 	13.	Costs with respect to the creation of a mortgage or a superior lease or in connection with a sale of the Building; 

  

	 	14.	Landlord’s or Landlord’s property manager’s corporate general overhead or corporate general administrative expenses; 

  

	 	15.	overhead profit increments paid to Landlord’s subsidiaries or affiliates for management or other services on or to the building or for supplies or other materials to the extent
that the cost of the services, supplies, or materials materially exceeds the cost that would have been paid had the services, supplies, or materials been provided by unaffiliated parties on a competitive basis; 

  

	 	16.	any compensation paid to clerks, attendants, or other persons in commercial concessions operated by Landlord; 

  

	 	17.	any costs, fines, or penalties incurred due to late payment, negligence or willful misconduct on the part of Landlord, its agents, employees or contractors, or due to violations by
Landlord of any governmental rule or authority, including without limitation, the cost of correcting any building code or other violations which were violations prior to the Commencement Date of this Lease; 

  

	 	18.	the cost of containing, removing, or otherwise remediating any contamination or Hazardous Substances of the Building (including the underlying land and ground water) by any toxic or
hazardous materials (including, without limitation, asbestos and “PCB’s”) where such contamination was not caused by Tenant; 

  

	 	19.	wages, salaries, or other compensation paid to any executive employees above the grade of senior building or project manager; and 

  

	 	20.	any other expense that under generally accepted accounting principles and practices, or the guidelines published by groups such as the building owners and manager’s
association, would not be considered a normal maintenance or operating expense. 

  

	 	(l)	The Basic Costs of the Building shall be computed on the accrual basis and shall be all Basic Costs incurred by Landlord to maintain all facilities of the Building and the Exterior
Common Areas in operation during all or part of the year. If less than ninety-five percent (95%) of the Rentable Area of the Building shall have been occupied by tenants at any time during any calendar year of the Lease Term, the Basic Costs
for such calendar year shall be deemed to be an amount equal to the Basic Costs which would normally be expected to have been incurred had such occupancy been ninety-five percent (95%) throughout such calendar year. 

  

	 	(m)	“Building Standard Improvements” when used herein, means those Improvements to the Premises described as such in Exhibit “B”.

 3. Lease Grant. Subject to and upon the terms herein set forth, Landlord leases to Tenant and Tenant leases from Landlord the
Premises for the Lease Term. Tenant is hereby granted only a usufruct, not subject to levy or sale; neither an estate for years nor other estate shall pass from the Landlord on account thereof. The Rentable Area 

  

 7 

 
of the Premises is stipulated for all purposes to be the number of square feet set forth in the Lease summary in Paragraph 1. 
 4. Lease Term. 
  

	 	(a)	The “Lease Term” is for a period of time commencing at 12:01 a.m. on the Commencement Date, or on such later date as is provided in subparagraph (c) below, and
continuing thereafter through and until 6:00 p.m. on the last day of the month in which the Expiration Date occurs. 

  

	 	(b)	If on the Commencement Date the Premises have not been substantially completed due to omission, delay or default by Tenant or anyone acting under or for the Tenant (including,
without limitation, Tenant’s default or failure to perform its obligations in a timely manner or any delay resulting from changes to the “Drawings and Specifications” by Tenant ) then Tenant’s obligations under this Lease
(including, without limitation, the obligation to pay rent) shall nonetheless commence as of the Commencement Date. 

  

	 	(c)	If, due to causes other than as set forth in subparagraph (b) above, Landlord does not deliver possession of the Premises to Tenant on the Commencement Date with the
Improvements described in Paragraph 2 of Exhibit B substantially completed, this Lease shall not be void or voidable, nor shall Landlord be liable to Tenant for any loss or damage resulting therefrom, but in that event rent shall abate until the
date when Landlord does deliver possession in accordance with the terms and requirements of this Lease, and the Lease Term shall commence on the date when possession is delivered to Tenant, and in such event the Expiration Date shall occur on the
last day of the month that is five (5) years following the date on which the Commencement Date actually occurs. Notwithstanding the foregoing, however, in the event that Landlord does not deliver possession of the Premises to Tenant, with the
Improvements described in Paragraph 2 of Exhibit B hereof substantially completed, within one hundred fifty (150) days after the date this Lease has been executed by Landlord and Tenant, then Tenant may, at its option, by written notice to
Landlord not later than five (5) business days after the expiration of such one hundred fifty (150) day period, cancel this Lease, in which event Landlord and Tenant shall each be discharged from their obligations hereunder. Such one
hundred fifty (150) day period shall be extended on a day for day basis, however, for any delays caused by Tenant including, without limitation, any delays caused by any changes to the work described in Paragraph 2 of Exhibit B which are caused
by Tenant, or any delays caused by Tenant’s early entry under the terms of subparagraph (e) hereof. 

  

	 	(d)	In the event that Landlord cannot deliver possession of the Premises to Tenant on the Commencement Date because of Tenant’s failure to perform its obligations under, or to pay
the amounts specified, this Lease shall be terminable at the sole option of Landlord at any time after the Commencement Date and prior to Tenant’s performance or payment; and should Landlord so elect to terminate this Lease, such termination
shall be without prejudice to Landlord’s right to sue Tenant to recover damages for Tenant’s failure to perform its obligations, or to pay amounts due. 

  

	 	(e)	Landlord shall permit Tenant to enter the Premises at least two (2) weeks prior to the Commencement Date for the purpose of installing Tenant’s systems furniture and low
voltage wiring. Tenant’s entry shall be subject to each of the terms and conditions of this Lease except Tenant’s obligation to pay Base Rental and Basic Costs shall not commence until the Commencement Date. Any installations made by
Tenant during such period shall be at Tenant’s risk, and Landlord shall not be liable for any loss or damage thereto. Tenant’s entry shall not be permitted to interfere with or delay Landlord’s construction of the Improvements.

 5. Base Rental. 
  

	 	 (a)
	 Tenant shall pay to Landlord as annual rental during the term of this Lease the Base Rental, payable in lawful money of
the United States, in advance, in monthly equal installments on or before the first day of each month during the Lease Term. The Base Rental is subject to increase as provided hereinbelow. If this Lease commences on a day other than the first day of
the calendar month, the monthly installment of Base Rental for the fractional month shall be appropriately prorated on a daily basis for such month. Tenant has paid Landlord the amount of Prepaid Rental set forth in set forth in the Lease summary in
Paragraph 1 upon Tenant’s execution of this Lease, representing the monthly installment of Base Rental for the fourth (4th) month following the
Commencement Date. 

  

	 	(b)	Tenant shall pay to Landlord all Base Rental, additional rent, and all other charges due and owing by Tenant under this Lease with deduction or set-off, in legal tender, and at
Landlord’s address or as otherwise directed from time to time by Landlord’s notice. 

 6. Additional Rent. 
  

	 	(a)	 Tenant’s Base Rental is based, in part, upon the estimate that annual Basic Costs will be equal to the $6.75 per square foot of Rentable Area of the Building
at full occupancy as determined below. “Base Year” shall be defined as the actual “Basic Costs” paid or incurred during the calendar year 2006. In the event the building is less than ninety-five percent
(95%) occupied, the variable costs shall be adjusted by the Landlord to reflect ninety-five percent (95%) occupancy). The Rentable Area of the Building is stipulated to be as set forth in the Lease summary in Paragraph 1. Tenant shall,
from time to time during the term of the Lease, pay as additional rent hereunder an amount 

  

 8 

	 	 
equal to the product obtained by multiplying (i)the excess in actual Basic Costs over the Base Year times (ii) the number of square feet of the Rentable
Area of the Premises (the “Excess”). 

  

	 	(b)	Landlord shall also have the right, prior to after the close of any calendar year, to make a good faith estimate of the Excess for the succeeding calendar year and, following thirty
(30) days’ notice to Tenant, Tenant shall pay to Landlord, on or before the first day of each month of such calendar year, one-twelfth (1/12th) of such estimated Excess; provided, however, that prior to receipt of such notice, Tenant
shall continue to pay Landlord the monthly installment amount of the Excess, if any, which was paid or payable in the calendar year just ended. 

  

	 	(c)	By April 1 of each calendar year following the year during which the Lease Term begins, or as soon thereafter as practical, Landlord shall furnish to Tenant a statement of
Landlord’s actual Basic Costs for the previous calendar year, and Landlord shall notify Tenant of the actual amount of the Excess owing by Tenant to Landlord, which statement shall show the calculations used to derive the amount of the Excess.
Tenant agrees to pay Landlord promptly, with the next monthly rental payment, as additional rent, all Excess which has not been previously paid as estimated Excess. If for any calendar year additional rent collected for the prior year, as a result
of Landlord’s estimate of Excess, is greater than the additional rent actually due during such prior year, then Landlord shall refund to Tenant any such overpayment or, at Landlord’s option, apply such amount against rentals thereafter
coming due under the Lease. 

 1. Every statement given by Landlord pursuant to paragraph (c) of this Paragraph 6 shall be
conclusive and binding upon Tenant unless within 90 days after the receipt of such statement (the “Dispute and Audit Period”) Tenant shall notify Landlord (a “Dispute Notice”) that it disputes the correctness
thereof, specifying, subject to Tenant’s audit rights set forth below, the particular respects in which the statement is claimed to be incorrect. Following Landlord’s receipt of a Dispute Notice, Landlord and Tenant shall have a period of
forty-five (45) days in which to discuss the matters raised in such Dispute Notice and reach agreement on a resolution thereof. Pending the determination of such dispute by agreement or arbitration as aforesaid, Tenant shall, within ten
(10) days after receipt of such statement, pay the amounts due in accordance with Landlord’s statement and such payment shall be without prejudice to Tenant’s position. If the dispute shall be determined in Tenant’s favor,
Landlord shall within thirty (30) days after final resolution of the dispute pay Tenant the amount of Tenant’s overpayment of such amounts resulting from compliance with Landlord’s statement. 
 2. Provided Tenant notifies Landlord in accordance with the terms of paragraph 1. above that Tenant disputes a statement received from Landlord, Tenant or
its CPA (as defined below) shall have the right, at Tenant’s sole cost and expense, provided Tenant utilizes a Certified Public Accountant (the “CPA”) compensated solely on an hourly basis, upon at least thirty (30) days
prior notice to Landlord at any time during regular business hours to audit, review and photocopy Landlord’s records pertaining to Basic Costs for the immediately previous calendar year only. Tenant shall complete the audit and present any
disputed charges to Landlord, in writing, within the Dispute and Audit Period. If, following Landlord’s receipt of the audit and any disputed charges (the “Report Date”), Landlord disputes the findings contained therein, and
Landlord and Tenant are not able to resolve their differences within thirty (30) days following the Report Date, the dispute shall be resolved by binding arbitration as follows: Landlord and Tenant shall each designate an independent certified
public accountant, which shall in turn jointly select a third independent Certified Public Accountant (the “Third CPA”). The Third CPA, within thirty (30) days of selection, shall, at Tenant’s sole expense, audit the
relevant records and certify the proper amount within. That certification shall be final and conclusive. If the Third CPA determines that the amount of the Excess billed to Tenant was incorrect, the appropriate party shall pay to the other party the
deficiency or overpayment, as applicable, within thirty (30) days following delivery of the Third Party CPA’s decision, without interest. Tenant agrees to keep all information thereby obtained by Tenant confidential and to obtain the
agreement of its CPA and Third CPA to keep all such information confidential. Tenant shall provide a copy of such CPA agreements to Landlord promptly upon request. 
 7. Late Payments. Tenant shall pay, as a late charge in the event any installment of Base Rental, additional rent, or other charge to be paid by Tenant hereunder is not paid when due, an amount equal to five percent
(5%) of the amount due for each and every 30-day period that said amount remains unpaid (but in no event shall the amount of such late charge exceed an amount based upon the highest legally permissible rate chargeable at any time by Landlord
under the circumstances). Should Tenant make a partial payment of past due amounts, the amount of such partial payment shall be applied first to reduce all accrued and unpaid late charges, in inverse order of their maturity, and then to reduce all
other past due amounts, in inverse order of their maturity. In the event that Landlord imposes a late charge, it shall provide written notification thereof within thirty (30) days following the imposition of such charge. Landlord shall, before
imposing the late charge, give Tenant written notice and a period of five (5) business days to cure two (2) times in each calendar year. 
 8.
Occupancy and Use. 
  

	 	(a)	Tenant shall use and occupy the Premises for general office purposes and for no other use or purpose without prior written consent of Landlord. 

  

	 	(b)	 Tenant shall not do or permit anything to be done in or about the Premises which will in any way obstruct or interfere with the rights of other tenants or occupants
of the Building or injure or annoy 

  

 9 

	 	 
them. Tenant shall not use the Premises or allow the Premises to be used for any improper, immoral, unlawful, or objectionable purposes, or for any business,
use or purpose which is, in Landlord’s sole but reasonable judgment, disreputable or inconsistent with the operation of a first class office building, nor shall Tenant cause or maintain or permit any nuisance in, on, or about the Premises.

 9. Hazardous Substances. Tenant shall not use or permit the use of the Premises for the storage, treatment, use, production or
disposal of any hazardous substances or hazardous waste (as those terms are defined under CERCLA or RCRA or any other applicable federal, state or local environmental protection laws), herein “Hazardous Substances.” Notwithstanding
the foregoing, Tenant may maintain reasonable quantities of standard office and cleaning supplies in the Premises, for its own use within the Premises, in a manner compliant with all applicable law and regulation. Tenant shall promptly notify
Landlord of its receipt of any notice of a violation of any such law, standard or regulation. The use, generation, storage, release, threatened release, discharge, disposal or presence on or about the Premises of any Hazardous Substances by Tenant,
Tenant’s agents or any sublessee or assignee occupying all or part of the Premises shall be an immediate event of default under this Lease. Tenant does hereby indemnify and hold Landlord harmless from and against any and all damage to any
property, penalties, expenses, claims, losses or liabilities or injury to or death of any person as a result of Tenant’s violation of the foregoing provision. Tenant’s indemnity shall include the obligation to reimburse Landlord for any
and all costs and expenses (including reasonable attorneys’ fees) incurred by Landlord, its agents or employees as a result of Tenant’s violation. This Paragraph 9 does not impose upon Tenant liability for any Hazardous Substances in the
Building or the Premises not introduced by, through or under Tenant. 
 10. Compliance with Laws. Tenant shall, at Tenant’s sole expense,
(i) comply with all laws, orders, ordinances, and regulations of federal, state, county, and municipal authorities having jurisdiction over the Premises, including, without limitation, the Americans With Disabilities Act, (ii) comply with
any directive, order or citation made pursuant to law by any public officer requiring abatement of any nuisance or which imposes upon Landlord or Tenant any duty or obligation arising from Tenant’s occupancy or use of the Premises or from
conditions which have been created by or at the request or insistence of Tenant, or required by reason of a breach of any of Tenant’s obligations hereunder or by or through other fault of Tenant, (iii) comply with all insurance
requirements applicable to the Premises and (iv) indemnify and hold Landlord harmless from any loss, cost, claim or expense which Landlord incurs or suffers by reason of Tenant’s failure to comply with its obligations under
clauses (i), (ii) or (iii) above. If Tenant receives notice of any such directive, order citation or of any violation of any law, order, ordinance, regulation or any insurance requirement, Tenant shall promptly notify Landlord in
writing of such alleged violation and furnish Landlord with a copy of such notice. 
 11. Service and Utilities. 
  

	 	(a)	Landlord shall maintain the Service Areas and Common Areas of the Building, the mechanical, plumbing and electrical equipment serving the Building, and the structure itself, in
reasonably good order and condition except for damage occasioned by the act or negligence of Tenant, which damage shall be repaired by Landlord at Tenant’s expense. In the event Tenant requires or needs to have one or more separate systems of
either heating, ventilating, air-conditioning or other similar systems over and above that provided by Landlord, the installation, care, expense, and maintenance of each such system shall be borne by and paid for by Tenant. 

 

	 	(b)	Provided the Tenant shall not be in default hereunder, and subject to the provisions elsewhere herein contained and the rules and regulations of the Building, Landlord agrees to
furnish to the Premises during ordinary business hours (7 a.m.–6 p.m. M-F; 8 a.m.–1 p.m., Sat.) of generally recognized business days, to be determined by Landlord (but exclusive, in any event, of Sundays and legal holidays: (i) heat
and air-conditioning required in Landlord’s judgment for the comfortable use and occupation of the Premises; (ii) janitorial services during the times and in the manner that such services are, in Landlord’s judgment, customarily
furnished in comparable office buildings in the immediate market area, five days per week (except fewer days if the Building is closed due to a recognized holiday) except that, if Tenant’s floor covering or other improvements require special
treatment, Tenant shall pay the additional cleaning cost attributable thereto as additional rent upon presentation of a statement therefor by Landlord; (iii) elevator service; (iv) electricity; and (v) water for drinking and lavatory
purposes. Landlord will furnish HVAC service to the Premises outside of ordinary business hours in accordance with the prior notifications procedures then generally in place for the Building at Landlord’s then generally applicable after hours
rate which is, as of the date hereof $45.00 per hours. 

  

	 	(c)	 Tenant will not without the written consent of Landlord use any apparatus or device in the Premises, including without limitation, electronic data processing
machines and machines using excess lighting or current which will in any way increase the amount of electricity or water usually furnished or supplied for use of the Premises as general office space; nor connect with electric current, except through
existing electrical outlets in the Premises, or with water pipes, any apparatus or devise for the purpose of using electrical current or water. If Tenant in Landlord’s judgment shall require water or electric current or any other resource in
excess of that usually furnished or supplied for use of the Premises as general office space (it being understood that such an excess may result from the number of fixtures, apparatus and devices, the hours of use, or any combination of such
factors), Tenant shall first procure the consent of Landlord, which Landlord may in its discretion withhold, to the use thereof, and Landlord may cause a special meter to be installed in the Premises, at Tenant’s expense, so as to measure the
amount of water, electric current or other resource so consumed, as shown by said meters, at the rates charged by the local 

  

 10 

	 	 
public utility furnishing the same, plus any additional expense incurred in keeping account of the water, electric current or other resources so consumed.

  

	 	(d)	Landlord shall not be liable to Tenant or to any person, firm, corporation, or other business association claiming by, through or under Tenant for :(i) failure to furnish or for
delay in furnishing any service provided for in this Lease, and no such failure or delay by Landlord shall be an actual or constructive eviction of Tenant nor shall any such failure or delay operate to relieve Tenant from the prompt and punctual
performance of each and all of the covenants to be performed hereunder by Tenant; (ii) any latent defects in the Premises or Building; (iii) defects in the cooling, heating, electric, water, elevator, or other apparatus or systems or for
water discharged from sprinkler systems, if any, in the Building; (iv) the limitation, curtailment, rationing or restricting of use of water or electricity, gas or any other form of energy or any other service or utility whatsoever serving the
Premises or the Building; (v) for Landlord’s reasonable voluntary cooperation with the efforts of national, state or local government agencies or utilities suppliers in reducing energy or other resource consumption. The foregoing does not,
however, exculpate Landlord from its gross negligence, willful misconduct, or breach of its express obligations under this Lease. 

  

	 	(e)	Any sums payable under this Paragraph 11 shall be considered additional rent and shall be added to any installment of Base Rental thereafter becoming due, and Landlord shall have
the same remedies for payment of such sums as for a default in the payment of Base Rental. 

  

	 	(f)	Tenant shall not provide any janitorial services without Landlord’s written consent and then only subject to supervision of Landlord and by a janitorial contractor or employees
at all times satisfactory to Landlord. Any such services provided by Tenant shall be Tenant’s sole responsibility and at Tenant’s sole risk. 

  

	 	(g)	Access to the Building may be regulated during other than normal business hours in such manner as Landlord deems appropriate. Landlord, however, shall have no liability to Tenant,
its employees, agents, invitees or licensees for losses due to theft or burglary, or for damages or injuries done by unauthorized persons on the Premises or in the Building and neither shall Landlord be required to insure against such losses. Tenant
shall cooperate fully in Landlord’s efforts to regulate access to the Building. Landlord has installed a card key access system for the Building and related parking deck. Landlord shall not unreasonably withhold its consent to Tenant’s
proposed plans and specifications to install its own security card-key access system for the Premises and to connect such system through the Building’s system provided, however, that any such work shall be at Tenant’s sole cost and expense
and shall not in any respect be permitted to impair the utility of the system that services the Building outside of the Premises. 

 12.
Improvements on Premises. All installations and improvements now or hereafter placed on the Premises other than Building Standard Improvements shall be made by Landlord at Tenant’s election, for Tenant’s account and at Tenant’s
cost (and Tenant shall pay ad valorem taxes and increased insurance thereon or attributable thereto), which cost shall be payable by Tenant to Landlord in advance as additional rent. 
 13. Graphics. Landlord shall provide and install, at Tenant’s cost, all letters and numerals on doors in the Premises, all such letters and numerals shall be in the standard graphics chosen by Landlord for
the Building and no others shall be used or permitted on the Premises without Landlord’s prior written consent. 
 14. Care of Premises. Tenant
agrees not to commit any waste or allow any waste to be committed on any portion of the Premises, and at the termination of this Lease to deliver up to the Premises to Landlord in as good condition as at the Commencement Date, ordinary wear and tear
and damage by casualty and such items that are Landlord’s responsibility under this Lease excepted. 
 15. Alterations. Tenant shall not make or
suffer to be made any alterations, additions, or improvements in, on, or to the Premises or any part thereof, without the prior written consent of Landlord; and any such alterations, additions, or improvements in, on, or to said Premises, except for
Tenant’s movable furniture and equipment, shall immediately become Landlord’s property and, at the end of the term hereof, shall remain on the Premises without compensation to Tenant. In the event Landlord consents to the making of any
such alterations, additions, or improvements by Tenant, the same shall be made by Tenant, at Tenant’s sole cost and expense, in accordance with all applicable laws, ordinances, and regulations and all requirements of Landlord’s and
Tenant’s insurance policies, and in accordance with plans and specifications approved in writing by Landlord, and any contractor or person selected by Tenant to make the same, and all subcontractors must first be approved in writing by
Landlord. 
 16. Repair. By taking possession of the Premises, Tenant accepts the Premises as being in the condition in which Landlord is obligated to
deliver them and otherwise in good order, condition and repair. Tenant shall at all times during the term hereof, at Tenant’s sole cost and expense, keep the Premises and every part thereof in good order, condition and repair, excepting
ordinary wear and tear, damage thereto by fire, earthquake, act of God or the elements, and such matters that are Landlord’s responsibility under this Lease. Should Tenant fail to make any repairs or replacements required of it hereunder
promptly, Landlord may at its option make such repairs and replacements and Tenant shall pay the cost thereof to Landlord as additional rent. 
 17.
Parking. During the Lease Term, Tenant shall have the nonexclusive use in common with Landlord, other tenants of the Building, their guests and invitees, of the non-reserved common automobile parking areas not to exceed the number of parking
spaces set forth in the Lease summary in Paragraph 1, driveways, and footways 
  

 11 

 
located on the Property, subject to such rules and regulations for the use thereof as may be prescribed from time to time by Landlord. The cost of such
parking is included in the Base Rental. 
 18. Re-Entry by Landlord. Landlord reserves and shall at all times have the right to re-enter the Premises
to inspect the same, to supply janitorial service and any other service to be provided by Landlord to Tenant hereunder, and upon reasonable prior notification to show the Premises to prospective purchasers, mortgagees or tenants, to post notices of
non-responsibility, and to alter, improve, or repair the Premises and any portion of the Building of which the Premises are a part or to which access is conveniently made through the Premises, without abatement of rent, and may for that purpose
erect, use, and maintain scaffolding, pipes, conduits, and other necessary structures and equipment in and through the Premises where reasonably required by the character of the work to be performed, provided that entrance to the Premises shall not
be blocked thereby, and further provided that the business of Tenant shall not be interfered with unreasonably. Tenant hereby waives any claim for damages for any injury or inconvenience to or interference with Tenant’s business, any loss of
occupancy or quiet enjoyment of the Premises, and any other loss occasioned thereby. For each of the aforesaid purposes, Landlord shall at all times have and retain a key with which to unlock all of the doors in, upon, and about the Premises, and
Landlord shall have the right to use any and all means which Landlord may deem necessary or proper to open said doors in an emergency, in order to obtain entry to any portion of the Premises, and any entry to the Premises, or portions thereof
obtained by Landlord by any of said means, or otherwise, shall not under any circumstances be construed or deemed to be a forcible or unlawful entry into, or a detainer of the Premises, or an eviction, actual or constructive, of Tenant from the
Premises or any portions thereof; Landlord shall also have the right at any time, without the same constituting an actual or constructive eviction and without incurring any liability to Tenant therefor, to change the arrangement and/or location of
entrances or passageways, doors and doorways, and corridors, elevator, stairs, toilets, or other public parts of the Building and to change the name, number of designation by which the Building is commonly known. Landlord acknowledges that
Tenant’s server area and other portions of the Premises may be subject to security procedures established by Tenant, and Landlord agrees to cooperate with reasonable requirements of Tenant, such as prior notice and the requirement that an
employee of Tenant accompany Landlord, except, however, that any such restrictions shall not be applicable in emergencies. 
 19. Assignment and
Subletting. 
  

	 	(a)	Tenant shall not, without the prior written consent of Landlord, (i) sell, assign, convey, mortgage, pledge, encumber or otherwise transfer this Lease or any interest herein
(whether voluntarily, by operation of law, or otherwise), (ii) sublet the Premises or any portion thereof, or (iii) permit any one other than Tenant to occupy or use the Premises or any portion thereof; and any attempt to consummate any of
the foregoing without Landlord’s written consent shall be void. Landlord shall not unreasonably withhold its consent to such assignment or sublease if Tenant submits reasonable evidence to demonstrate that the proposed subtenant or assignee has
the financial capacity to perform under the subject sublease or assignment, that it’s use and character are reasonably suitable for the Building, that it is not barred by any then applicable use restriction, and that it is not a current tenant
of the Building or a party with whom Landlord has dealt with in the previous three (3) month period to lease premises in the Building; the foregoing restriction on Tenant’s dealing with Landlord’s current or prospective tenants shall
not be applicable, however, if Landlord does not have premises of sufficient square footage available in the Building to accommodate the space requirements of Tenant’s prospective subtenant or assignee. Notwithstanding the foregoing requirement
of Landlord’s consent, Tenant may assign its right, title and interest under this Lease to any Affiliate (as hereinafter defined) without the consent of Landlord. For the purposes of this Section 19(a), “Affiliate” shall
mean any person or entity that controls, is controlled by or is under common control with Tenant. An entity shall be presumed to have control when it possesses the power, directly or indirectly, to direct, or cause the direction of, the management
or policies of Tenant, whether through ownership of voting securities, or otherwise. In the event of any assignment to an Affiliate, Landlord shall be given written notice thereof, together with a reasonable description of how such party qualifies
as an Affiliate and evidence that such Affiliate has obtained the insurance required to be maintained by Tenant hereunder. In addition, notwithstanding anything herein to the contrary, Tenant shall be permitted to assign this Lease to any entity
which acquires all of Tenant’s assets and liabilities or with which Tenant is merged or consolidated, subject to Tenant’s obligation to give Landlord written notice of such transaction together with evidence of the successor entity’s
insurance required under this Lease. 

  

	 	(b)	 If at any time during the term of this Lease Tenant desires to sublet all or part of the Premises or to assign this Lease, Tenant shall submit such request to
Landlord in writing, together with a copy of the proposed assignment or sublease and such additional information concerning the proposed assignee or sublessee as may be requested by Landlord for Landlord’s review. If Landlord, in its
discretion, approves in writing the terms of the proposed assignment or sublease and the proposed assignee or sublessee, but a fully executed counterpart of such assignment or sublease is not delivered to Landlord within thirty (30) calendar
days after the date of Landlord’s written approval, then Landlord’s approval of the proposed assignment or sublease shall be automatically withdrawn and shall be deemed null and void. As a condition to Landlord’s prior written consent
as provided for in this Paragraph 19, the assignee or subtenant shall agree in writing to comply with and be bound by all of the terms, covenants, conditions, provisions and agreements of this Lease, and Tenant shall deliver to Landlord promptly
after execution an executed copy of said sublease or assignment and an agreement of said compliance by each sublessee or assignee, Landlord’s consent to any assignment or subletting shall not release Tenant from any of Tenant’s obligations
hereunder or be deemed to be a consent to any other or subsequent assignment or subletting. Tenant agrees to pay to Landlord, on demand, reasonable costs incurred by Landlord 

  

 12 

	 	 
in connection with any request by Tenant for Landlord to consent to any assignment or subletting by Tenant. Tenant shall not sublease any portion of the
Premises to another tenant in the Building. 

  

	 	(c)	Notwithstanding the giving by Landlord of its consent to any assignment or sublease with respect to the Premises, no assignee or sublessee may exercise any expansion option, right
of first refusal option, or renewal option under this Lease except in accordance with a separate written agreement entered into directly between such assignee or sublessee and Landlord. 

  

	 	(d)	Any transfer after the date hereof, whether to one or more persons or entitles and whether at one or more different times, of a controlling interest in Tenant (whether Tenant is a
corporation, partnership, or other entity), whether voluntarily, by operation of law, or otherwise, shall be deemed an assignment of this Lease within the meaning of this Paragraph 19. 

  

	 	(e)	If, with the consent of the Landlord, this Lease or any interest therein is assigned or the Premises or any part thereof is sublet or occupied by anybody other than Tenant, Landlord
may, after default by Tenant, collect rent from the assignee, subtenant or occupant, and apply the net amount collected to the Base Rental and additional rent herein reserved, but no such assignment, subletting, occupancy, or collection shall be
deemed (i) a waiver of any of Tenant’s covenants contained in this Lease, the acceptance by Landlord of the assignee, subtenant, or occupant as Tenant, or (ii) a release of Tenant from further performance by Tenant of its covenants
under this Lease. 

  

	 	(f)	If this Lease is assigned or the Premises or any part thereof is sublet or occupied by anyone other than Tenant, then Tenant shall pay to Landlord, in addition to any other amounts
owing hereunder, all compensation received by Tenant from such assignee or subtenant with respect to such assignment or subletting, over and above the amount of Base Rental, additional rent or other sums owing under this Lease, whether such
additional compensation to Tenant is in the form of a lump sum payment, monthly payment or otherwise; such additional compensation or any installment thereof shall be payable by Tenant to Landlord as and when received by Tenant, and Tenant hereby
assigns all rights it might have or ever acquire in any such additional compensation to Landlord. 

 20. Discharge of Liens. Tenant
shall discharge of record by bond or otherwise within ten (10) days following the filing thereof any mechanic’s or similar lien filed against the Premises, the Building or the Property for work or materials claimed to have been furnished
to or for the benefit of Tenant and/or the Premises; provided, however, that Tenant shall have no responsibility with respect to any mechanic’s or similar lien filed against the Premises or the Building for work or materials furnished by or at
Landlord’s request, if Tenant is current in the payment of all obligations owed Landlord. If Tenant shall fail to cause such lien or claim of lien to be so discharged or bonded within such period, in addition to any other right or remedy it may
have, Landlord may, but shall not be obligated to, discharge the same by paying the amount claimed to be due or by procuring the discharge of such lien or claim by deposit in court or bonding, and in any such event, Landlord shall be entitled, if
Landlord so elects, to compel the prosecution of any action for the foreclosure of such lien or claim by the lienor or claimant and to pay the amount of the judgment, if any, in favor of the lienor, with interest, costs, and allowances. Tenant shall
pay as additional rent on demand from time to time any sum or sums so paid by Landlord, including, but not limited to, attorneys’ fees in processing such discharge or in defending any such action. 
 21. Insurance. 
  

	 	1.	“Special Form” property insurance insuring the Leasehold Improvements, Tenant’s interest in the Premises and all property located in the Premises, including
furniture, equipment, fittings, installations, fixtures, supplies, property in the course of construction, repair, or alteration and any other personal property, leasehold improvements and alterations (“Tenant’s Property”), in
an amount equal to the full replacement value. It is understood that no lack or inadequacy of insurance by Tenant shall in any event make Landlord subject to any claim by virtue of any theft of or loss or damage to any uninsured or inadequately
insured property; 

  

	 	2.	Business Interruption insurance on a “Special Form” policy in an amount necessary to cover the clients loss of income, continuing expenses, and extra expenses during
period of interruption or attributable to the prevention of access to the Premises by civil authority; and sufficient to reimburse Tenant for Rent in the event of a casualty to, or temporary taking of, the Building or the Premises;

  

	 	3.	Commercial general liability insurance written on an occurrence basis including personal injury, bodily injury, broad form property damage, operations hazard, , contractual
liability, with a cross liability clause and a severability of interests clause to cover Tenant’s indemnities set forth herein, and products and completed operations liability, in limits not less than $1,000,000.00 inclusive per occurrence and
$2,000,000 annual aggregate, Said policy to contain no special exclusions for construction or sub-contractors work. Limits required beyond $1 Million may be satisfied with an excess liability policy. 

  

	 	4.	Worker’s Compensation and Employer’s Liability insurance, with a waiver of subrogation endorsement, in form and amount as required by applicable law. Employers Liability
limits sufficient to be covered by umbrella; 

  

 13 

	 	5.	Auto Liability or Hired/Non-owned auto liability if no owned autos for $1,000,000; 

  

	 	6.	Damage to property you rent coverage in the amount of $1,0000,000; and 

  

	 	7.	Excess Liability/Umbrella Policy providing at least $5,000,000 liability coverage in excess of those limits for coverages stated above. 

  

	 	8.	Any other form or forms of insurance or any changes or endorsements to the insurance required herein as may reasonably be required by Landlord, or any mortgagee or lessor of
Landlord may reasonably require, from time to time, but in no event will Landlord require coverages or amounts more that typically required by landlords of typical buildings in the Duluth, Georgia market. 

  

	 	9.	Tenant shall have the right to include the insurance required by Paragraph 21(a) (1)-(7) under Tenant’s policies of “blanket insurance.” All liability
insurance policies of insurance or certificates thereof shall include Landlord, Landlord’s manager, and all mortgagees and lessors of Landlord shall (which mortgagee is, as of the date hereof, Massachusetts Mutual Life Insurance Company, and
Tenant shall receive written notice of any successor thereto before being required to name such successor), of which Tenant has been notified, additional insureds, all as their respective interest may appear. All such policies or certificates shall
be issued by insurers admitted in the state of Georgia and have an A. M. Best rating of A-VII or better. Tenant shall deliver to Landlord certificates of insurance and evidence of property insurance annually by the Commencement Date. All policies of
insurance shall be primary and non-contributory to insurance carried by Landlord. All such policies and certificates shall contain an agreement by the insurers that the Landlord and any mortgagee or lessor of Landlord shall be notified in writing,
not less than forty-five (30) days before cancellation, including cancellation for nonpayment of premium, or other termination of coverage at this location if a master policy and shall include a clause or endorsement denying the insurer any
rights or subrogation against Landlord. Landlord shall not be liable to Tenant, and Tenant hereby waives all claims against Landlord, for any injury or damage to any person or property in or about the Premises or the Property by or from any cause
whatsoever, including, without limitation, any such injury or damage caused or occasioned by or resulting from (i) water leakage of any charger from the roof, walls, basement or other portions of the Premises or the Building, (ii) gas,
fire or explosion of the Premises or the Building, (iii) theft, mysterious disappearance, burglary, or loss of any property of Tenant whether from the Premises or any part of the Building, (iv) acts of or disturbances or interference by
third persons, including other tenants, (v) acts or omissions to act, whether criminal, negligent, or otherwise, of independent contractors (including security guards and janitorial staff), other tenants, or third parties, (vi) acts of
God, public enemy, injunction, riot, strike, vandalism, insurrection, war, casualty, court order, requisition, or order of governmental body or authority and (vii) any other cause beyond the control of Landlord. Further, Landlord shall not be
liable for any damage or inconvenience which may arise through repair or alteration of any part of the Building, Exterior Common Areas, or Premises. 

  

	 	(b)	Landlord shall insure the Building against damage for the full replacement cost with casualty and commercial general liability insurance, all in such amounts and with such
deductible as Landlord reasonably deems appropriate. Notwithstanding any contribution by Tenant to the cost of insurance premiums, as provided hereinabove, Landlord shall not be required to carry insurance of any kind on Tenant’s Property, and
Tenant hereby agrees that Tenant shall have no right to receive any proceeds from any insurance policies carried by Landlord. 

  

	 	(c)	Tenant shall not knowingly conduct or permit to be conducted in the Premises any activity, or place any equipment in or about the Premises or the Building, which will invalidate the
insurance coverage in effect or increase the rate of casualty insurance or other insurance on the Premises or the Building, and Tenant shall comply with all requirements and regulations of Landlord’s casualty and liability insurer. If any
invalidation of coverage or increase in the rate of casualty insurance or other insurance occurs or is threatened by any insurance company due to any act or omission by Tenant, or its agents, employees, representatives, or contractors, such
statement or threat shall be conclusive evidence that the increase in such rate is due to such act of Tenant or the contents or equipment in or about the Premises, and, as a result thereof, Tenant shall be liable for such increase and such amount
shall be considered additional rent payable with the next monthly installment of Base Rent due under this Lease. In no event shall Tenant introduce or permit to be kept on the Premises or brought into the Building any dangerous, noxious, radioactive
or explosive substance. 

 22. Waiver of Subrogation / Indemnity. 
  

	 	(d)	 Landlord and Tenant each hereby waive any right of subrogation and right of recovery or cause of action for injury or loss to the extent that such injury or loss is
covered by fire, extended coverage, 

  

 14 

	 	 
“Special Form” or similar policies covering real property or personal property (or which would have been covered if Landlord or Tenant was carrying
the insurance required by this Lease). Said waivers shall be in addition to, and not in limitation or derogation or, any other waiver or release contained in this Lease. Written notice of the terms of the above mutual waivers shall be given to the
insurance carriers of Landlord and Tenant and the parties’ insurance policies shall be properly endorsed, if necessary, to prevent the invalidation of said policies by reason of such waivers. 

  

	 	(e)	Tenant hereby agrees to hold harmless and indemnify Landlord for any claims of bodily injury(including death) and/ or property damage to Tenant, Tenant’s officer’s,
employees, contractors, sub-contractors, vendor’s, clients, or invitees unless such loss is due to the sole negligence of the Landlord or Landlord’s breach of the express provisions of this Lease. 

 23. Damage by Fire, Etc. 
  

	 	(a)	If the Building or any portion thereof is damaged or destroyed by any casualty to the extent that, in Landlord’s reasonable judgment, (i) repair of such damage or
destruction would not be economically feasible, or (ii) the damage or destruction to the Building cannot be repaired within two hundred seventy (270) days after the date of such damage or destruction, or if the proceeds from insurance
remaining after any required payment to any mortgagee or lessor of Landlord are insufficient to repair such damage or destruction, Landlord shall have the right, at Landlord’s option, to terminate this Lease by giving Tenant notice of such
termination, within sixty (60) days after the date of such damage or destruction. 

  

	 	(b)	If the Premises or any portion thereof is damaged or destroyed by any casualty against which Tenant is required to be insured under Paragraph 21, and if, in Landlord’s
reasonable opinion, the Premises cannot be rebuilt or made fit for Tenant’s purposes within one hundred eighty (180) days after the date of such damage or destruction, then either Landlord or Tenant shall have the right, at the option of
either party, to terminate this Lease by giving the other written notice, within sixty (60) days after such damage or destruction. If the proceeds from the insurance Tenant is required to maintain pursuant to Paragraph 21 hereof (or the amount
of proceeds which would have been available if Tenant was carrying such insurance) are insufficient to repair such damage or destruction, then Landlord shall have the right, at its option, to terminate this Lease by giving Tenant written notice,
within sixty (60) days after such damage or destruction. 

  

	 	(c)	In the event of partial destruction or damage to the Building or the Premises which is not subject to Paragraph 23(a) or 23(b) or which is subject to Paragraph 23(a) or
23(b) but the applicable party (or parties) does not elect to terminate the Lease, but which renders the Premises partially but not wholly untenantable, this Lease shall not terminate and Rent shall be abated in proportion to the area of the
Premises which, in Landlord’s reasonable opinion, cannot be used or occupied by Tenant as a result of such casualty. Landlord shall in such event, within a reasonable time after the date of such destruction or damage, subject to force majeure
(as defined in Paragraph 38) or to Tenant Delay and to the extent and availability of insurance proceeds, restore the Premises to as near the same condition as existed prior to such partial damage or destruction, provided that Tenant pays to
Landlord Tenant’s insurance proceeds as required in Paragraph 15.5. In no event shall Rent abate or shall any termination occur if damage to or destruction of the Premises is the result of the gross negligence or willful act of Tenant, or
Tenant’s agents, employees, representatives, contractors, successors, assigns, licensees or invitees. 

  

	 	(d)	If the Building or the Premises or any material portion thereof is destroyed by fire or other causes at any time during the last year of the Term, then either Landlord or Tenant
shall have the right, at the option of either party, to terminate this Lease effective as of the date of casualty by giving written notice to the other within sixty (60) days after the date of such destruction. 

  

	 	(e)	Landlord shall have no liability to Tenant for inconvenience, loss of business, or annoyance arising from any repair of any portion of the Premises or the Building. If Landlord is
required by this Lease or by any mortgagee or lessor of Landlord to repair or if Landlord undertakes to repair, Tenant shall pay to Landlord that amount of Tenant’s insurance proceeds (or the amount which would have been received by Tenant if
Tenant was carrying the insurance required by this Lease) which insures such damage as a contribution towards such repair, and Landlord shall use reasonable efforts to have such repairs made promptly and in a manner which will not unnecessarily
interfere with Tenant’s occupancy. 

  

	 	(f)	In the event of termination of this Lease pursuant to Paragraphs 23(a), (23(b), or 23(d), then all rent shall be apportioned and paid to the date on which possession is
relinquished or the date of such damage, whichever last occurs, and Tenant shall immediately vacate the Premises according to such notice of termination; provided, however, that those provisions of this Lease which are designated to cover matters of
termination and the period thereafter shall survive the termination hereof. 

 24. Condemnation. If any substantial part of the Premises
shall be taken for any public or quasi-public use under governmental law, ordinance or regulation, or by right of eminent domain, or by private purchase in lieu thereof (any of the foregoing being referred to as a “taking”), this
Lease shall terminate when the physical taking shall occur in the same manner as if the date of such physical taking were the date originally fixed in this Lease for the expiration of the term hereof; provided, however, that in no event shall a
partial taking of less than twenty percent (20%) of the Rentable Area of the Premises give rise to an option on Tenant’s part to terminate this Lease. 

  

 15 

 
In the event of a partial taking which does not result in this Lease being terminated, the Base Rental shall be adjusted in proportion to the percentage of
the Rentable Area of the Premises so taken. In the event any such taking, in Landlord’s judgment, would prevent or materially interfere with the use of the Building or the Premises for the purpose for which it is then being used, or would
render the Landlord’s continued use or leasing of the Building economically or physically unfeasible, Landlord shall have the right to terminate this Lease by written notice to Tenant. In the event of any termination of this Lease pursuant to
this Paragraph 24, any Base Rental or additional rent pay by Tenant for any period following the date of such termination shall be refunded to Tenant. Tenant shall not share in the condemnation award or payment in lieu thereof or in any award for
damages resulting from any such taking, the same being hereby assigned to Landlord by Tenant; provided, however, that Tenant may separately claim and receive from the condemning authority, if legally payable, compensation for Tenant’s removal
and relocation costs and for Tenant’s loss of business and/or business interruption. 
 25. Events of Default. The following events shall be
deemed to be events of default by Tenant under this Lease: 
  

	 	(a)	Tenant shall fail to pay when due any sum of money becoming due to be paid to Landlord under this Lease, whether such sum be any installment of the Base Rental or additional rent
hereunder, or any other payment or reimbursement to Landlord required herein, whether or not treated as additional rent hereunder, and such failure shall continue for a period of five (5) days from the date such payment was due; or

  

	 	(b)	Tenant shall fail to comply with any term, provision or covenant of this Lease, other than by failing to pay when or before due any sum of money becoming due to be paid to Landlord
hereunder, and shall not cure such failure within thirty (30) days if Tenant has promptly commenced and continuously attempted to cure (but the cure period shall be not more than two (2) business days (but shorter to the extent required
for emergencies or hazardous conditions) if the default involves a hazardous condition, Tenant’s failure to maintain insurance, or any emergency) after written notice thereof to Tenant; or 

  

	 	(c)	Tenant shall vacate or abandon any substantial portion of the Premises, even though Tenant continues to pay the stipulated monthly rent provided, however, that it shall not be an
event of default if Tenant vacates the Premises after first giving Landlord written notice of its intension to do so, along with written notice of a notice address separate from the Premises and if, after vacating the Premises, Tenant abides by each
of its covenants and obligations under this Lease; or 

  

	 	(d)	Tenant shall fail to vacate the Premises immediately upon termination of this Lease, by lapse of time or otherwise, or upon termination of Tenant’s right to possession; or

  

	 	(e)	Tenant’s interest in the Lease or the Premises shall be subjected to any attachment, levy, or sale pursuant to any order or decree entered against Tenant in any legal
proceeding and such order or decree shall not be vacated within thirty (30) days after entry thereof; or 

  

	 	(f)	A receiver shall be appointed to take possession of all or substantially all of the assets of Tenant, Tenant shall make an assignment for the benefit of creditors, or Tenant shall
take or suffer any action under any insolvency, bankruptcy or reorganization act (it being expressly agreed that in no event shall this Lease be assigned or assignable by operation of law or by voluntary or involuntary bankruptcy proceedings or
otherwise 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). 

 26. Landlord’s Remedies. Upon the occurrence of any events of defaults described in Paragraph 25 or elsewhere in this Lease, Landlord shall have the option to pursue any one or more of the following
remedies without any notice or demand whatsoever: 
  

	 	(a)	Landlord may, at its election, terminate this Lease or terminate Tenant’s right to possession only, without terminating the Lease. 

  

	 	(b)	Upon any termination of this Lease or upon any termination of Tenant’s right to possession without termination of the Lease, Tenant shall surrender possession and vacate the
Premises immediately, and deliver possession thereof to Landlord and Tenant hereby grants to Landlord full and free license to enter into and upon the Premises in such event with or without process of law (but only to the extent permitted under
Georgia law) and to repossess the Premises and to expel or remove Tenant and any others who may be occupying or within the Premises and to remove any and all property therefrom, without being deemed in any manner guilty of trespass, eviction or
forcible entry or detainer, and without incurring any liability for any damages resulting therefrom, whether in contract or tort or otherwise, Tenant hereby waiving any right to claim damage, whether in contract or tort or otherwise, for such
re-entry and expulsion, and without relinquishing Landlord’s rights to rent or any other right given to Landlord hereunder or by operation of law. 

  

	 	(c)	 Upon termination of this Lease, Landlord shall be entitled to recover, on the date of termination, all Base Rental and additional rent hereunder and other sums due
and payable by Tenant on the date of termination, plus the sum of (i) liquidated damages in an amount equal to the future Base Rental and additional rent hereunder, and other sums provided herein to be paid by Tenant for the remainder of the
Lease Term, discounted to present value on the basis of interest calculated at 5 percent per annum, less any amounts actually realized by Landlord in reletting the Premises after taking into account all expenses and time necessary to obtain a
replacement tenant or tenants, 

  

 16 

	 	 
including, without limitation, broker’s commissions, recovery of the Premises, preparation for reletting and for reletting itself, if any; (ii) the
unamortized cost of all work performed on the Premises by Landlord in preparing the Premises for occupancy by Tenant; and (iii) the cost of performing any other covenants which would have otherwise been performed by Tenant. Tenant expressly
agrees that Landlord is under no obligation to find a replacement tenant or to accept any tenant offered by Tenant or to observe any instructions given by Tenant about such reletting upon termination and Tenant expressly waives and renounces any
defenses it may have under Georgia law relating to mitigation of damages and expressly agrees and covenants that Landlord’s action or inaction with respect to the reletting of the Premises do not in any way constitute a failure to mitigate
damages or any other diminution of any damages which Landlord is entitled to recover pursuant to this paragraph. 

  

	 	(d)	Upon termination of Tenant’s right to possession without termination of the Lease, and to the full extent permitted under Georgia law: (i) Landlord may, at Landlord’s
option, enter into the Premises, remove Tenant’s signs and other evidences of tenancy, and take and hold possession thereof as provided in subparagraph (b) above, without such entry and possession terminating the Lease or releasing Tenant,
in whole or part, from any obligation including Tenant’s obligation to pay the Base Rental and additional rent hereunder for the full Lease Term. In such case, Tenant shall pay forthwith to Landlord, if Landlord so elects, a sum equal to the
entire amount of the Base Rental and additional rent hereunder for the remainder of the Lease Term plus any other sums provided herein to be paid by Tenant for the remainder of the Lease Term; (ii) Landlord may, but need not, relet the Premises
or any part thereof for such rent and upon such terms as Landlord in its sole discretion shall determine (including the right to relet the Premises for a greater or lesser term than that remaining under this Lease, the right to relet the Premises as
a part of a larger area, and the right to change the character and use made of the Premises) and Landlord shall not be required to accept any tenant offered by Tenant or to observe any instructions given by Tenant about such reletting, provided that
Landlord shall use commercially reasonable efforts to relet under the foregoing conditions and limitations, it being understood that in no event will Landlord be required to use more than its typical marketing efforts nor shall, if Landlord has
other premises in the Building available to lease, shall Landlord be required to favor the Premises, and Landlord shall be permitted to lease all other available premises before leasing the Premises. In any such case, Landlord may make repairs,
alterations in or to the Premises, and redecorate same, to the extent Landlord deems necessary or desirable, and Tenant shall, upon demand, pay the cost thereof, together with Landlord’s expenses for reletting including, without limitation, any
broker’s commission incurred by Landlord. If the consideration collected by Landlord upon any such reletting plus any sums previously collected from Tenant are not sufficient to pay the full amount of all Base Rental and additional rent
hereunder and other sums reserved in this Lease for the remaining term hereof, together with the cost or repairs, alterations, additions, redecorating, and Landlord’s expenses of reletting and the collection of the rent accruing therefrom
(including attorney’s fees and broker’s commissions), Tenant shall pay to Landlord the amount of such deficiency upon demand and Tenant agrees that Landlord may file suit to recover any sums falling due under this subparagraph
(d) from time to time. 

  

	 	(e)	In the event of any default in the payment of any installment when due, or upon any amount falling due pursuant to this paragraph, (or for any other breach of any other provisions
of this Lease), Tenant agrees to pay Landlord the actual attorneys’ fees incurred by Landlord in the collection of any such amounts paid after expiration of any application grace or cure period, including any and all costs and expenses of
litigation. 

 Pursuit of any of the remedies provided in this Paragraph 26 shall not preclude pursuit of any of the other
remedies herein provided or any other remedies provided by law (all such remedies being cumulative), nor shall pursuit of any remedy herein provided constitute a forfeiture or waiver of any rent due to Landlord hereunder or of any damages accruing
to Landlord by reason of a violation of any of the terms, provisions and covenants herein contained. Landlord’s acceptance of the payment of rental or other payments hereunder after the occurrence of an event of default shall not be construed
as a waiver of such default, unless Landlord so notifies Tenant in writing. Forbearance by Landlord in enforcing one or more of the remedies herein provided upon an event of default shall not be deemed or construed to constitute a waiver of such
default of Landlord’s right to enforce any such remedies with respect to such default or any subsequent default. Without limiting the foregoing, to the extent permitted by law, Tenant hereby: (i) appoints and designates the Premises as a
proper place for service of process upon Tenant, and agrees that service of process upon any person apparently employed by Tenant upon the Premises or leaving process in a conspicuous place within the Premises shall constitute a personal service of
such process upon Tenant (provided, however, Landlord does not hereby waive the right to serve Tenant with process by any other lawful means); (ii) expressly waives any right to trial by jury; (iii) expressly waives the service of any
notice under any existing or future law of the State of Georgia applicable to landlords and tenants; (iv) expressly consents to the personal jurisdiction of the courts of the State of Georgia; and (v) expressly waives the defense of
failure to mitigate damages or any other defense which would constitute a diminution of any remedies or damages to which Landlord is entitled hereunder. 
 In no event shall Tenant have the right to terminate or rescind this Lease as a result of the breach of any promise or inducement hereof, whether in this Lease or elsewhere. Tenant hereby waives such remedies of
termination and recission and hereby agrees that Tenant’s remedies for default hereunder and for breach of any promise or inducement shall be limited to a suit for damages and/or injunction. In addition, Tenant hereby covenants that, prior to
the exercise of any such remedies, it will give the holder of any deed to 

  

 17 

 
secure debt or similar instrument encumbering the Building, notice of and a reasonable time to cure any default by Landlord. 
 27. Quiet Enjoyment. Landlord represents and warrants that it has full right and authority to enter into this Lease and that Tenant, while paying the Base Rental
and additional rent hereunder and performing its other covenants and agreements herein set forth, shall peaceably and quietly have, hold and enjoy the Premises for the term hereof without hindrance or molestation from Landlord, subject to the terms
and provisions of this Lease. In the event this Lease is a sublease, then Tenant agrees to take the Premises subject to the provisions of the prior leases. Landlord shall not be liable for any interference or disturbance by other tenants or third
persons, nor shall Tenant be released from any obligations of this Lease because of such interferences or disturbances. 
 28. Surrender of Premises. 

  

	 	(a)	At the end of the term or any renewal thereof or other sooner termination of this Lease, the Tenant will peaceably deliver up to the Landlord possession of the Premises, together
with all improvements or additions upon or belonging to the same, by whomsoever made, in the same conditions as received or first installed, ordinary wear and tear, damage by fire, earthquake, act of God or the elements alone excepted. Tenant shall,
upon the termination of this Lease, remove all movable furniture and equipment belonging to Tenant, at Tenant’s sole cost, title to which shall be in name of Tenant until such termination, repairing any damage caused by such removal. Property
not so removed shall be deemed abandoned by the Tenant, and title to the same shall thereupon pass to Landlord. Upon request by Landlord, Tenant shall remove, at Tenant’s sole cost, any or all permanent improvements or additions to the Premises
installed by or for the account of Tenant and all movable furniture and equipment belonging to Tenant which may be left by Tenant and Tenant shall repair any damage resulting from such removal and restore the Premises to its original condition
provided, however, that Landlord shall give Tenant written notification of the improvements that must be removed under Paragraph 2 of Exhibit “B” hereto at the time of Landlord’s approval of such drawings and, with respect to
subsequent alterations, at the time of Landlord’s consent to such alteration, Any and all property which Tenant fails to remove from the Premises or the Building upon termination of this Lease may be handled, removed and stored by or at the
direction of Landlord, at the sole risk, cost and expense of Tenant, and Landlord shall in no event be responsible for the value, preservation or safekeeping thereof. Tenant shall pay to Landlord, upon demand, any and all expenses incurred in such
removal and all storage charges against such property so long as the same shall be in Landlord’s possession or under Landlord’s control. 

  

	 	(b)	The voluntary or other surrender of this Lease by Tenant, or a mutual cancellation thereof, shall not work a merger, and shall, at the option of the Landlord, terminate all or any
existing subleases or subtenancies, or may, at the option of Landlord, operate as an assignment to it if any or all such subleases or subtenancies. 

 29. Subordination and Attornment. 
  

	 	(a)	This Lease and all rights of Tenant hereunder are and shall be subject and subordinate to the lien and security title of any deed to secure debt or similar instrument which may now
or hereafter encumber Landlord’s title in and to the Building and to any modifications, renewals, consolidations, extensions, or replacements thereof. Landlord shall, however, use commercially reasonable efforts to obtain a subordination,
nondisturbance and attornment agreement in its lender’s standard form in favor of Tenant. 

  

	 	(b)	Subparagraph (a) above shall be self-operative, and no further instrument of subordination shall be required. However, in confirmation of such subordination, Tenant shall,
within five (5) business days following Landlord’s written notice, at any time or times, execute, acknowledge, and deliver to Landlord or the holder of any such deed to secure debt or similar instrument, without expense, such instruments
as may be reasonably requested by Landlord or such holder to evidence the subordination of this Lease and all rights hereunder to the lien of any such deed to secure debt or similar instrument, and each renewal, modification, consolidation,
replacement, and extension thereof, and if Tenant shall fail at any time, within ten (10) days following the giving of a written request therefore to execute, acknowledge, and deliver any such instrument, Landlord in addition to any other
remedies available to it in consequence thereof, may execute, acknowledge, and deliver the same as the attorney-in-fact of Tenant and in Tenant’s name, place, and stead, and Tenant hereby irrevocably makes, constitutes, and appoints Landlord
and its successors and assigns, such attorney-in-fact for that purpose. 

  

	 	(c)	 If the holder of any deed to secure debt or similar instrument encumbering Landlord’s title in and to the Building shall hereafter succeed to the rights of
Landlord under this Lease, whether through possession or foreclosure action or delivery of a new lease, Tenant shall, at the option of such holder, attorn to and recognize such successor as Tenant’s landlord under this lease and shall promptly
execute and deliver any instrument that may be necessary to evidence such attornment, and Tenant hereby irrevocably appoints Landlord or such holder the attorney-in-fact of Tenant to execute and deliver such instrument on behalf of Tenant should
Tenant refuse and fail to do so within ten (10) days after Landlord or such holder shall have given notice to Tenant requesting the execution and delivery of such instrument. Upon such attornment, this Lease shall continue in full 

  

 18 

	 	 
force and effect as a direct lease between such successor landlord and Tenant, subject to all of the then executory terms, covenants, and conditions of this
Lease. 

 30. Tenant Estoppel Letter. Within ten (10) business days following any written request which Landlord may make from
time to time, Tenant shall execute and deliver to Landlord a Tenant Estoppel Letter substantially in the form attached hereto as Exhibit “C” and made a part hereof (and modified from time to time by Landlord as required for any change in
the lender entity), indicating thereon any exceptions thereto which may exist at that time. Failure of the Tenant to execute and deliver such certificate shall constitute an acceptance of the Premises and acknowledgement by Tenant that the
statements included in Exhibit “C” are true and correct without exception. Landlord and Tenant intend that any statement delivered pursuant to this Paragraph 30 may be relied upon by Landlord or by any lender, purchaser or prospective
purchaser of the Building or the Property or anyone else to whom Landlord may provide said letter. 
 31. Waiver. If either Landlord or Tenant waives
the performance of any term, covenant or condition contained in this Lease, such waiver shall not be deemed to be a waiver of any subsequent breach of the same or of any other term, covenant or condition contained herein. 
 32. Security Deposit. The Security Deposit shall be held by Landlord without liability for interest and as security for the performance by Tenant of Tenant’s
covenants and obligations under this Lease, it being expressly understood that the Security Deposit shall not be considered an advance payment of rent or a measure of Landlord’s damages in case of default by Tenant. Landlord may, from time to
time, without prejudice to any other remedy, use the Security Deposit to the extent necessary to make good any arrearages of rent or to satisfy any other covenant or obligation of Tenant hereunder. Following any such application of the Security
Deposit, Tenant shall pay to Landlord on demand the amount so applied in order to restore the Security Deposit to its original amount. Landlord shall be entitled to commingle the Security Deposit with other funds of Landlord, and the Security
Deposit shall not be deemed to be held in trust by Landlord for Tenant or any other person. Although the Security Deposit shall be deemed the property of Landlord, any remaining balance of such deposit shall be returned by Landlord to Tenant or
Tenant’s last permitted assignee at such time after termination of this Lease when Landlord shall have determined that all of Tenant’s obligations under this Lease (including, without limitation, the obligations of Tenant to maintain and
repair the Premises) have been fulfilled. On the occurrence of any events of default as described in the Lease, said Security Deposit shall become due and payable to Landlord. If the Building is conveyed by Landlord, said Security Deposit may be
paid over to Landlord’s successor and, if so, Tenant hereby releases Landlord from any and all liability with respect to said Security Deposit and its application or return. The Security Deposit shall not be assigned or encumbered by Tenant
without the written consent of Landlord and such assignment or encumbrance without Landlord’s consent shall be void. 
  

	 	 (a)
	 Tenant’s Security Deposit shall be in the form of a clean, irrevocable and unconditional letter of credit payable
at sight in a form acceptable to Landlord in its sole discretion (“Letter of Credit”), which Letter of Credit shall be tendered by Tenant to Landlord on or before the date of this Lease. and shall be in the form of the letter of
credit attached hereto as Exhibit “E”. The Letter of Credit shall be issued by a bank or financial institution and branch, all approved by Landlord in its sole discretion (hereinafter referred to as the “Bank”) in favor of
Landlord, as security for the faithful performance and observance by Tenant of the terms, conditions and provisions of this Lease, including without limitation the surrender of possession of the Premises to Landlord as herein provided. Landlord
hereby approves Wells Fargo Bank as the issuer of the Letter of Credit. Provided that Tenant is not in default under this Lease beyond any applicable grace or cure period on each annual anniversary of the issuance of the Letter of Credit, the amount
of the Letter of Credit may be reduced by the amount of Twenty-Five Thousand and 00/100 ($25,000.00) on the first day of the sixteenth (16th) month
following the Commencement Date, and each twelve (12) months thereafter. The Letter of Credit shall have a term which expires no sooner than forty-five days after the Expiration Date, or Tenant may deliver a one (1) year unconditional and
irrevocable Letter of Credit which by its terms automatically, for the remainder of the Term, renews for successive one (1) year periods unless the Bank provides no less than thirty (30) days written notice to Landlord that such Letter of
Credit shall not be renewed, in which event Landlord shall have the right to draw down the entire amount of the Letter of Credit unless Tenant substitutes, prior to the expiration of such letter of Credit, a new Letter of Credit which meets the
requirements of this Paragraph 32. The Letter of Credit shall permit multiple drawings and be fully transferable by Landlord without the payment of any fees or charges by Landlord. If Tenant defaults in respect of any of the terms, conditions or
provisions of this Lease including, but not limited to, the payment of Rent, and Tenant fails to cure any such default after any required notice and within any applicable cure period hereunder or if Landlord receives a notice that the Letter of
Credit shall not be renewed, (i) Landlord shall have the right to require the Bank to make payment to Landlord or its designee of the entire proceeds of the Letter of Credit required to cure such default, and (ii) Landlord may, at the
option of Landlord (but Landlord shall not be required to) apply or retain the whole or any part of such sum so paid to it by Tenant or the Bank to the extent required for the payment of any Rent or any other sum as to which Tenant is in default,
and any damages to which Landlord is entitled pursuant to the Lease, whether such damages accrue before or after summary proceedings or other reentry by Landlord, and (iii) Landlord or any Superior Mortgagee shall hold the remainder of such sum
paid to it by the Bank or Tenant, if any, for Landlord’s benefit, as security for the faithful performance and observance by Tenant of the terms, covenants, and conditions of this Lease on Tenant’s part to be observed and performed, with
the same rights as hereinabove set forth to apply or retain the same in the event of any further default by Tenant under this Lease. If Landlord applies or retains any part of the proceeds of the Letter of Credit, Tenant shall, within five
(5) business days after demand from Landlord, restore the Letter of 

  

 19 

	 	 
Credit to its original amount and deliver it to Landlord or its designee the so that Landlord or its designee shall have the full Letter of Credit on hand at
all times during the Term of this Lease (and any extension). Tenant’s failure to do so within ten (10) days of receipt of such demand shall constitute a breach of this Lease. Landlord shall, at the expiration or earlier termination of this
Lease (provided that such earlier termination was not the result of Tenant’s default that exhauster the Letter of Credit), return the Letter of Credit to Tenant (but subject to offset by any draws made by Landlord as of such date or permitted
under this Lease.) 

  

	 	(b)	In the event of a transfer, sale or lease of Landlord’s interest in the Building, Landlord shall transfer or cause to be transferred either the cash or Letter of Credit or any
sums collected thereunder by Landlord, together with any other sums then held by Landlord or its designee as such security, to the transferee, vendee or lessee; Tenant, at its sole cost, shall arrange for the transfer of the Letter of Credit, and
Landlord thereupon shall be released by Tenant from all liability under this Paragraph. Tenant agrees to look solely to the new landlord for the return of the cash or Letter of Credit or any sums collected thereunder and any other security, and it
is agreed that the provisions hereof shall apply to every transfer or assignment made of the Letter of Credit or any sums collected thereunder and any other security to a new landlord. Tenant further covenants that it shall not assign or encumber,
or attempt to assign or encumber, any part of such security and that neither Landlord nor its successors or assigns shall be bound by any such assignment, encumbrance, attempted assignment, or attempted encumbrance. Landlord shall not be required to
exhaust its remedies against Tenant before having recourse to the Letter of Credit or such cash security held by Landlord. Recourse by Landlord to the Letter of Credit or such security shall not affect any remedies of Landlord which are provided in
this Lease or which are available to Landlord in law or equity. 

  

	 	(c)	In the event that Tenant shall fully and faithfully comply with all of the terms, provisions, covenants and conditions of this Lease, the Letter of Credit except as same may have
been applied by Landlord in accordance with this Lease, shall be returned to Tenant promptly after the expiration of this Lease. 

 33.
Notices. 
 Whenever any notice, demand or request is required or permitted hereunder, such notice shall be sent by United States Mail,
registered, postage pre-paid, or by a commercial mail service with delivery confirmed by receipt or, if by hand delivery, with confirmation delivery as described above to the address set forth below: 
  

					
	 Tenant:
	 	Before the Commencement Date	 	From and after the Commencement Date:
		 	3101 Park Boulevard	 	3700 Crestwood Parkway, Suite 300
		 	Palo Alto, California 94306	 	Duluth, GA 30096
			
		 		 	With a copy to:
		 		 	3101 Park Boulevard
		 		 	Palo Alto, California 94306
			
	 Landlord:
	 	Parmenter GCC LP, LLLP	 	Parmenter GCC LP, LLLP
		 	 c/o Parmenter Realty Partners
 3700 Crestwood Parkway

	 	c/o Parmenter Realty Partners
		 	Suite 180	 	1111 Brickell Avenue
		 	Duluth, GA 30096	 	Miami, Florida 33131
		 		 	Attn: Asset Management

 With a copy of notices to Landlord to: 
 MassMutual 
 c/o Babson Capital Management LLC

 Attention: Asset Manager 
 1919
M Street, NW 
 Suite 300 
 Washington, DC 20036 
 Any notice, demand or request which shall be served upon either of the parties in the manner aforesaid shall
be deemed sufficiently given for all purposes hereunder (i) at the time such notices, demands or requests are hand-delivered in person or (ii) on the third day after the mail of such notices, demands or requests in accordance with the
preceding portion of this Paragraph 33. 
 Either Landlord or Tenant shall have the right from time to time to designate by written notice to
the other party such other or changed places in the United States as Landlord or Tenant may desire written notice to 

  

 20 

	 	 
be delivered or sent in accordance herewith; provided, however, at no time shall either party be required to send more than an original and two copies of any
such notice, demand or request required or permitted hereunder. 

 34. Captions and References. The paragraph headings herein are
for convenience of reference and shall in no way define, increase, limit, or describe the scope or intent of any provision of this Lease. 
 35.
Successors and Assigns. The words “Landlord” and “Tenant” as used herein include the respective contracting party, whether singular or plural, and whether an individual, masculine or feminine, or a partnership, joint venture,
business trust, or corporation. The provisions of this Lease shall inure to the benefit of and be binding upon Landlord and Tenant, and their respective successors, and assigns subject, however, to the provisions of Paragraph 19 hereof. 

36. Severability. If any clause, phrase, provisions or portions of this Lease or the application thereof to any person or circumstance shall be invalid or
unenforceable under applicable law, such event shall not affect, impair or render invalid or unenforceable the remainder of this Lease or any other clause, phrase, provision or portion hereof, nor shall it affect the application of any clause,
phrase, provision or portion to other persons or circumstances, and it is also the intention of the parties to this Lease that in lieu of each such clause, phrase, provision or portion of this Lease that is invalid or unenforceable, there be added
as a part of this Lease a clause, phrase, provision or portion as similar in terms to such invalid or unenforceable clause, phrase, provision or portion as may be possible and be valid and enforceable. 
 37. Governing Law. This lease and the rights and obligations of the parties hereto shall be interpreted, construed, and enforced in accordance with the laws of
the State of Georgia. 
 38. Force Majeure. Whenever a period of time is herein prescribed for the taking of any action by Landlord, Landlord shall
not be liable or responsible for, and there shall be excluded from the computation of such period of time, any delays due to strikes, riots, fire, acts of God, shortages of labor or materials, war, governmental laws, regulations or restrictions, or
any other cause whatsoever beyond the control of Landlord. 
 39. Time of Essence. Time is of the essence of this Lease and all of its provisions.

 40. Entire Agreement. This Lease together with its exhibits contains all the agreements of the parties hereto and supersedes any previous
negotiations. There have been no representations made by the Landlord or understandings made between the parties other than those set forth in this Lease and its exhibits. This Lease may not be modified except by a written instrument signed by the
parties hereto. 
 41. Survival of Tenant’s Obligations. All obligations of Tenant hereunder not fully performed as of the expiration or earlier
termination of the term of this Lease shall survive the expiration or earlier termination of the term hereof. 
 42. Holding Over. In no event shall
there be any renewal of this Lease by operation of law, and if Tenant remains in possession of the Premises after the termination of this Lease and without a new lease executed by Landlord and Tenant, Tenant shall be deemed to be occupying the
Premises as a tenant at sufferance on a month to month basis and shall pay rent in an amount equal to two hundred percent (200%) of the Base Rental and additional rent provided for in this Lease and otherwise subject to all the covenants and
provisions of this Lease insofar as the same are applicable to a month-to-month tenancy. 
 43. Corporate Authority. If Tenant is a corporation each
of the persons executing this Lease on behalf of Tenant does hereby covenant and warrant that Tenant is a duly authorized and existing corporation, that Tenant has and is qualified to do business in Georgia, that the corporation has full right and
authority to enter into this Lease, and that each and both persons signing on behalf of the corporation were authorized to do so Upon Landlord’s request, Tenant shall provide Landlord with evidence reasonably satisfactory to Landlord confirming
the foregoing covenants and warranties. 
 44. Mortgage Approvals. Landlord shall not be deemed to have unreasonably withheld its consent or approval
of any matter hereunder if the holder of any deed to secure debt or similar instrument encumbering the Building or the Property or any portion thereof shall refuse or withhold its approval or consent thereto. Any requirement which Landlord imposes
pursuant to the direction of any such holder shall be deemed to have been reasonably imposed by Landlord if made in good faith. 
 45. Landlord’s
Lien. Intentionally Omitted. 
 46. Landlord’s Liability. In no event shall Landlord’s liability for any breach of this Lease exceed
Landlord’s equity in the Building and the Property. This provision is not intended to be a measure or agreed amount of Landlord’s liability with respect to any particular breach, and shall not be utilized by any court or otherwise for the
purpose of determining any liability of Landlord hereunder, except only as a maximum amount not to be exceeded in any event. Neither Landlord nor any partner of Landlord shall have any personal liability with respect to any of the provisions of this
Lease, and if Landlord is in default with respect to its obligations under this Lease, Tenant shall look solely to Landlord’s equity in the Building and the Property. 
 47. Right to Relocate. Intentionally Omitted. 
  

 21 

 48. Rules and Regulations. Tenant shall faithfully observe and comply with the Rules and Regulations attached
hereto as Exhibit “D” to this Lease and all reasonable modifications thereof and additions thereto from time to time put into effect by Landlord. Landlord shall not be responsible for the nonperformance by any other tenant or occupant of
the Building of any of said Rules and Regulations. Landlord shall use commercially reasonable efforts to uniformly apply the Rules and Regulations on a nondiscriminatory basis. In the event of any conflict between this Lease and the Rules and
Regulations, the terms of this Lease shall prevail. Notwithstanding any contrary terms of the Rules and Regulations, Tenant shall be permitted to install and use a supplemental HVAC unit provided that: Landlord has approved such unit and plans and
specifications for its installation; Tenant bears the full cost of acquisition and installation of such unit, such unit is separately metered or sub-metered (at Landlord’s election) so that Tenant bears the full cost of electrical service to
such unit; Tenant obtains a monthly maintenance agreement to keep such unit in good order and repair; and, if required by Landlord at the time of Landlord’s consent to such unit, Tenant removes it at Tenant’s cost and expense at the
expiration or earlier termination of this Lease and repairs any damage caused by its installation and removal. 
 49. Transfers by Landlord. Landlord
shall have the right to transfer and assign, in whole or in part all its rights and obligations hereunder and in the Building or the Property, and in such event and upon such transfer Landlord shall be released from any further obligations
hereunder, and Tenant agrees to look solely to such successor in interest of Landlord for the performance of such obligations. Tenant agrees to attorn to such successor in interest of Landlord. 
 50. Commissions. Tenant represents and warrants to Landlord that (except with respect to any broker identified in Paragraph 1 hereof) no broker or other person
has represented Tenant in the negotiations for and procurement of this Lease and that no commissions or compensation of any kind are due and payable in connection herewith to any broker or other person. Tenant agrees to indemnify and hold Landlord
harmless from any and all claims, suits, or judgments (including, without limitation, reasonable attorneys’ fees and court costs incurred in the enforcement of this indemnity or otherwise) for any commissions or compensation of any kind which
arise out of or are in any way connected with any claimed agency relationship with Tenant (except for any broker identified in Paragraph 1 above). 
 51.
Submission of Lease. The submission of this Lease to Tenant for examination does not constitute an offer to lease, and this Lease shall be effective only upon its complete execution by both Landlord and Tenant. Execution of this Lease by Tenant
and delivery of such Lease to Landlord for its execution shall constitute an offer to lease to Landlord which shall remain open for Landlord’s acceptance for a period of seven (7) business days after the receipt by Landlord of such
executed Lease. 
 52. Financial Statements. At any time during the term of this Lease, and in the event that Tenant is in default under the terms
hereof or in the event that Landlord requires such information in connection with the financing, refinancing, sale, or from investors or prospective investors, Tenant and any Guarantor shall, upon ten (10) days’ prior written notice from
Landlord, provide Landlord with a current financial statement and financial statements of the two (2) years prior to the current financial statement year. Such statement shall be prepared in accordance with generally accepted accounting
principles consistently applied and, if such is the normal practice of Tenant, shall be audited by an independent certified public accountant. 
 53.
Special Stipulations. Special Stipulations are set forth in Exhibit B hereto. 
 In the event that the following conflicts with the
foregoing provisions of this Lease, the following shall control: 
 EXHIBIT A: Premises 
 EXHIBIT B: Special Stipulations 
 EXHIBIT C:
Tenant Estoppel Letter 
 EXHIBIT D: Rules and Regulations 
 EXHIBIT E Form of Letter of Credit 
 [SIGNATURES TO FOLLOW] 
  

 22 

 IN WITNESS WHEREOF, Landlord and Tenant have executed this Lease in multiple counterparts each of
which shall be deemed an original as of the day and year first above written 
  

			
	LANDLORD: PARMENTER GCC LP, LLLP
		
	BY:	 	3700 Crestwood LLC
		 	Its General Partner
		
	BY:	 	 /s/ Andrew R. Weiss

		 	 Andrew R. Weiss
 Its Vice President

	
	TENANT:
	
	DANGER, INC., a Delaware corporation
		
	BY:	 	 /s/ Henry R. Nothhaft

		
	TITLE:	 	Chairman and CEO
		
	ATTEST:	 	/s/ Scott Darling
		
	TITLE:	 	General Counsel, Corp. Secretary
		 	(CORPORATE SEAL)

  

 23 

 EXHIBIT “A” 
 

 
  

 A-1 

 EXHIBIT “B” 
 SPECIAL STIPULATIONS 
 Lease agreement between Parmenter GCC LP, LLLP, as Landlord and Danger, Inc., as Tenant dated
                     for 5,639 rentable square feet. 
 These Special Stipulations are made and entered into contemporaneously with the lease agreement described above. In the case of any conflict between the Special Stipulations and the Lease, these Special Stipulations shall control. All terms
used herein shall be the same as defined in the Lease. 
  

	1.	Base Rental. Base rental payments shall be as follows: 

  

								
	 Months
	  	Annual Amount	 	 	Monthly Amount
	 1-3
	  	 	Abated	 	 	 	NA
	 4-12
	  	$
  
	82,470.42
 (9 months
	 
 )
	 	$	9,163.38
	 13-24
	  	$	113,259.36	 	 	$	9,438.28
	 25-36
	  	$	116,657.04	 	 	$	9,721.42
	 37-48
	  	$	120,156.84	 	 	$	10,013.07
	 49-60
	  	$	123,761.52	 	 	$	10,313.46

  

	2.	Improvements. Landlord at Landlord’s expense shall build out the premises turnkey Building standard according to drawings dated
                    , provided by RWB Interiors with Landlord’s contribution not to exceed $20.00 per rentable foot of the Premises for
all costs including construction costs, architectural, engineering and construction management fees (construction management fees not to exceed 5%). Landlord shall cause the Premises to be constructed in accordance with the then applicable
requirements of the Americans with Disabilities Act. Tenant may apply any otherwise unutilized portion of such contribution to offset Tenant’s actual and commercially reasonable costs of installing low voltage wiring in the Premises. The
Premises shall be, on the Commencement Date, in good working order and repair, subject to Landlord’s completion of a list of unfinished details, which written list shall be agreed upon by Landlord and Tenant on or about the Commencement Date
and shall be completed by Landlord within forty-five (45) days thereafter. 

 Tenant may elect to vary from the plans and
specifications, however, such changes shall be confirmed by a work change order prior to the performance of such changes and Landlord will make no changes without Tenant’s specific written approval. Landlord will not be responsible for delays
in the completion of the Premises resulting from changes made at the request of the Tenant after final construction documents are issued. Tenant shall pay Landlord for such changes resulting in increased construction costs within 30 days of issuance
of a Certificate of Occupancy. During the course of construction of the Premises, any changes made by Tenant will not delay the Commencement Date. Landlord’s failure to deliver possession due to Tenant’s failure to pay any such cost shall
not be a breach of this Lease. 
  

	3.	Representation. In this transaction the Landlord has been represented by Parmenter Realty & Investment Company and not CRESA Partners of Georgia, LLC, and
Parmenter Realty & Investment Company shall be paid a commission by the Landlord. The Tenant has been represented by CRESA Partners of Georgia, LLC and not Parmenter Realty and Investment Company and CRESA Partners of Georgia, LLC shall be
paid a commission by the Landlord. 

  

	4.	Rental Payments. All rental payments shall be addressed as follows or to such other address as Landlord may from time direct by written notice to Tenant:

 Parmenter GCC LP, LLLP 
 Dept. AT 952189 
 Atlanta, GA 31192-2139 
  

	5.	Right of First Offer: Tenant shall have the right of first offer to expand the Premises to include an area stipulated by Landlord and Tenant to consist of 2,219
rentable square feet adjacent to the Premises and known as Suite 320 (the “First Offer Space”). The First Offer Space is leased as of the date hereof. Landlord shall give Tenant written notice at the time that the First Offer Space
is available to lease, together with the terms on which Landlord is willing to lease the First Offer Space. Tenant shall, within five (5) business days following its receipt of Landlord’s written notice, given written notice to Landlord if
Tenant shall lease the First Offer Space on the terms set forth in Landlord’s notice. In the event that Tenant fails to timely accept Landlord’s offer of the First Offer Space on the terms set forth in Landlord’s notice, Tenant’s
right of first offer shall be deemed to have expired. 

  

	6.	 Early Termination Option. Provided that Tenant is not in default under the terms hereof, and further provided that Tenant has not expanded the
Premises by agreement with Landlord or by exercise of the Right of First Offer set forth herein, Tenant shall have the right to accelerate the expiration date of this 

  

 B-1 

	 	 
Lease (“Early Termination Option”) to the last day of the thirty-ninth (39th) month following the Commencement Date (the “Early Termination Date”) upon the following express conditions: (i) Tenant shall provide to Landlord no less than one hundred eighty
(180) days written notice in advance of the Early Termination Date (“Termination Notice”) of its exercise of this Early Termination Option. As a condition of the Early Termination Option, Tenant shall tender to Landlord, as an
agreed upon and stipulated termination fee (“Termination Fee”), as hereinafter described, within ten (10) business days following Tenant’s receipt of Landlord’s written notice of the amount of the Termination Fee. The
Termination Fee shall be comprised of Landlord’s “Unamortized Up Front Costs” as of the Early Termination Date. For purposes hereof, Landlord’s “Unamortized Up Front Costs” shall mean (i) the unamortized
portion of the amount expended by Landlord for allowances expended by Landlord under this Lease, and (ii) the unamortized portion of brokerage commissions paid to the brokers in connection with this Lease. Landlord’s Unamortized Up Front
Costs shall be amortized on a straight line basis over the term at an annual interest rate of 8% accruing from the date of this Lease until Tenant’s payment of the Early Termination Fee, but no amortization shall be deemed to have occurred
during any period of rent abatement. 

  

	7.	Temporary Premises. For so long as Tenant is not in default under the terms of the Lease, Landlord shall allow Tenant to occupy the Suite 290 in the Building,
consisting of 3,284 square feet, prior to the Commencement Date (the “Early Occupancy Term”) under the terms and conditions of the Lease except as expressly amended herein: 

 A. The Early Occupancy Term shall commence on the business day following the date that Landlord and Tenant have executed the Lease, or such later date
that Tenant shall have delivered to Landlord evidence of the insurance required under the Lease, and shall expire on the Commencement Date. Tenant has inspected Suite 290 and accepts Suite 290 in AS-IS condition for the Early Occupancy Term.

 B. The Early Occupancy Term shall be in addition, and not offset or credited against, the Lease Term as defined in the Lease. The Early
Occupancy Term is for a term prior to the Commencement Date and does not either amend or restate the Lease Term. 
 C. Tenant’s
obligation to pay Base Rental shall be abated for the Early Occupancy Term. 
  

	8.	Renewal Option. 

 A. Exercise of Options.
Provided Tenant is not in default (beyond any applicable notice and grace periods) pursuant to any of the terms and conditions of this Lease, Tenant shall have the option (the “Option”) to renew this Lease for one (1) additional five
(5) year period (the “Option Period”) for the period commencing on the date following the expiration date of the initial Lease Term, upon the terms and conditions contained in this Lease, except, as provided in this Paragraph 8. To
exercise the Option, Tenant shall give Landlord notice (the “Extension Notice”) of the intent to exercise said Option not less than one hundred eighty (180) days prior to the date on which the Option Period which is the subject of the
notice will commence. In the event Tenant shall exercise the Option for the Option Period, this Lease will terminate in its entirety at the end of the Option Period exercised by Tenant, and Tenant will have no further option to renew or extend the
Lease Term. 
 B. Determination of Base Rent. The Base Rent for the Option Period shall be determined as follows: 
 (1) Landlord and Tenant will have thirty (30) days after Landlord receives the Extension Notice within which to agree on the fair market rental value
(as defined in subsection (2) below) of the Premises as of the commencement date of the Option Period. If they agree on the Base Rent within thirty (30) days, they will amend this Lease by stating the Base Rent. 
 (2) If Landlord and Tenant are unable to agree on the Base Rent for the Option Period within such thirty (30) days, the Base Rent for the Option
Period will be the greater of (i) the-fair market rental value of the Premises as of the commencement date of the Option Period as determined in accordance with subsection (3) hereof, and (ii) the Base Rent payable under this Lease
immediately prior to such Option Period. As used in this Lease, the “fair market rental value of the Premises” means what a landlord under no compulsion to lease the Premises, and a tenant under no compulsion to lease the Premises, would
determine as Base Rent for the Option Period, as of the commencement of the Option Period, taking into consideration the uses permitted under this Lease, the quality, size, design and location of the Premises, and the rent for comparable buildings
located in the vicinity of the Building. 
 (3) Within thirty (30) days after the expiration of the thirty (30) day period set
forth in subparagraph 1) above, Landlord and Tenant shall each appoint one licensed real estate appraiser with at least ten (10) years experience with similar properties located in the Building’s submarket, and the two appraisers so
appointed shall jointly attempt to determine and agree upon the then fair market rental value of the Premises. If they are unable to agree, then each appraiser so appointed shall set one value, and notify the other appraiser, of the value set by him
or her, concurrently with such appraiser’s receipt of the value set by the other appraiser. The two appraisers then shall, together, select a third licensed appraiser with at least ten (10) years experience with similar properties located
in the area of the Building, who shall make a determination of the then fair market rental value, after reviewing the reports of the first two appraisers appointed by the parties, and after doing such independent research as he/she deems
appropriate. The value determined by the third appraiser shall be deemed the then fair market rental value of the Premises. Landlord and Tenant shall be responsible for the cost of the appraiser each appoints and shall share equally in the cost of
the third appraiser, if applicable. 
  

 B-2 

 EXHIBIT “C” 
 TENANT ESTOPPEL LETTER 
  

			
	Date:                         	  	Loan Application No.                         

  

			
	Massachusetts Mutual Life Insurance Company
	1500 Main Street Suite 2100
	Springfield, Massachusetts, 01115
	Attention:	 	 Mortgage Loan Administration
 Real Estate Finance Group

  

			
	Re:	 	  

			
	  
	 	(Property name and location)

 To Massachusetts Mutual Life Insurance Company: 
 The undersigned,
                                        ,
(“Tenant”) understands that Massachusetts Mutual Life Insurance Company (“MassMutual”) has made or will be making a mortgage loan (the “Loan”) on the Property described below. In connection with the Loan, MassMutual
will be receiving an assignment of all leases with respect to the Property, including Tenant’s lease, and will be acting in reliance upon this letter. 
 By signing below, Tenant certifies to and agrees with MassMutual as follows: 
  

	 	1.	Tenant leases a portion of the
                                        
[office building/shopping center/warehouse/other property type] located at
                                       
  [street address, city and state] and known generally as
                                        
[suite number, floor number] (the “Property”). 

  

	 	2.	The lease between Tenant and
                                        
(“Landlord”) regarding Tenant’s premises (the “Premises”) is dated
                                        
and is unamended except as follows:
                                        
[dates of lease amendments]. The lease together with the amendments is referred to herein as the “Lease,” and is the complete statement of Landlord and Tenant regarding the Premises. 

  

	 	3.	The Lease provides: 

  

	 	A.	Current monthly Fixed or Base rent:
                                        ;

 i. Base Year         ; 
 ii. Expense Stop Amount         ; 
  

	 	B.	Percentage rent:
                                        ;

  

	 	C.	Additional Rent: 

  

	 	(i)	Operating Expenses:
                                        ;

  

	 	(ii)	Real Property Taxes:
                                        ;

  

	 	(iii)	Other (list all):
                                        ;

  

	 	D.	Rent Commencement Date:
                                        ;

  

	 	E.	Termination Date (exclusive of renewal periods):
                                        ;

  

	 	F.	Renewal or Extension Periods:
                                        ;

  

	 	G.	Security Deposit:
                                        ;

  

	 	H.	Number of Allocated Parking Spaces:
                                        ;

  

	 	I.	Parking Fees or Rent Due:
                                        ;

  

	 	J.	Option to Purchase Property: None 

  

	 	4.	Tenant has accepted and is now in sole possession of the Premises. Any construction, build out, improvements, alterations or additions to the Premises or the Property required under
the Lease have been completed in accordance with the Lease and Landlord has paid to Tenant all tenant improvement allowances and has paid all other tenant inducements other than as follows: 

                                       
                                        
                                        
                                        
                                        
                      
  

 C-1 

                                       
                                        
                                        
                                        
                                        
                    . 
  

	 	5.	Tenant has not subleased any part of the Premises or assigned the Lease. 

  

	 	6.	As of this date, the Lease is in full force and effect and there is no violation of or default under the Lease on the part of Landlord or Tenant. There is no present offset of rent
and Tenant has no knowledge of any circumstances which would give rise to any credit or set-off against the obligation for present or future rentals under the Lease. All free rent, if any, provided for in the Lease has been used and Tenant is not
entitled to any free rent in the future. 

  

	 	7.	As of the date hereof, there are no actions whether voluntary or otherwise, pending against Tenant under the bankruptcy or insolvency laws of the United States or any state thereof.

  

	 	8.	Tenant has no right to terminate the Lease except to the extent contained in the Lease, in connection with a casualty or condemnation and except, to the extent permitted by
applicable law, in connection with an actual or constructive eviction of Tenant. 

  

	 	9.	Tenant will, concurrently with the giving of any notice to Landlord, give MassMutual written notice (at the above address) of any default by Landlord under the Lease. MassMutual
will have a reasonable opportunity, but no obligation, before the exercise of any rights or remedies Tenant may have pertaining to the Lease, to cure any such default by Landlord. 

  

	 	10.	Tenant hereby subordinates all of its right, title and interest under the Lease to the lien, operation and effect of any mortgage(s) (as modified or extended) of MassMutual now or
hereafter in force against the Property, and to all advances hereafter made under such mortgage(s). 

  

	 	11.	In the event that MassMutual or any third party becomes the owner of the Property, by foreclosure or otherwise, Tenant agrees to attorn to MassMutual or any such owner and to
recognize MassMutual or any such owner as Landlord under the Lease. Acceptance of this letter by MassMutual constitutes MassMutual’s agreement that it will not disturb or interfere with Tenant’s possession of the Premises during the term
of the Lease or any extension or renewal thereof so long as Tenant is not in default under the Lease. 

 Tenant understands that
MassMutual is relying on this Estoppel in connection with its determination to make the Loan. 
 Sincerely, 
  

							
	TENANT:	 	
	  
	 	[As specified in Lease]
				
	By	 	  
	 	[Signature]	 	
		 	(Print Name):	 		 	
			
	Title:	 		 	

  

 C-2 

 EXHIBIT “D” 
 RULES AND REGULATIONS 
  

	1.	Sidewalks, halls, passages, exits, entrances, elevators, escalators and stairways shall not be obstructed by Tenants or used by them for any purpose other than for ingress and
egress from their respective premises. The halls, passages, exits, entrances, elevators and stairways are not for the use of the general public and Landlord shall in all cases retain the right to control and prevent access thereto by all persons
whose presence, in the judgment of Landlord, shall be prejudicial to the safety, character, reputation and interests of the Building and its Tenants, provided that nothing herein contained shall be construed to prevent such access to persons with
whom any Tenant normally deals in the ordinary course of such Tenant’s business unless such persons are engaged in illegal activities. No Tenant, and no employees or invitees of any Tenant, shall go upon the roof of the Building, except as
authorized by Landlord. 

  

	2.	No sign, placard, picture, name, advertisement or notice, visible from the exterior of the leased premises shall be inscribed, painted, affixed, installed or otherwise displayed by
any tenant either on its premises or any part of the Building without the prior written consent of Landlord, and Landlord shall have the right to remove any such sign, placard, picture, name, advertisement, or notice without notice to and at the
expense of Tenant. 

 If Landlord shall have given such consent to any Tenant at any time, whether before or after the execution
of the Lease, such consent shall in no way operate as a waiver or release of any of the provisions hereof or of such Lease and shall be deemed to relate only to the particular sign, placard, picture, name, advertisement or notice so consented to by
Landlord and shall not be construed as dispensing with the necessity of obtaining the specific written consent of Landlord with respect to any other such sign, placard, picture, name, advertisement or notice. 
 All approved signs or lettering on doors and walls shall be painted, affixed and inscribed at the expense of the Tenant by a person approved by Landlord.

  

	3.	The bulletin board or directory of the Building will be provided exclusively for the display of the name and location of Tenants only and Landlord reserves the right to exclude any
other names therefrom. 

  

	4.	No curtains, draperies, blinds, shutters, shades, screens or other coverings, awnings, hangings or decorations shall be attached to, hung or placed in, or used in connection with,
any window or door on any premises without the prior written consent of Landlord. In any event with the prior written consent of Landlord, all such items shall be installed inboard of Landlord’s standard window covering and shall in no way be
visible from the exterior of the Building. No articles shall be placed or kept on the window sills so as to be visible from the exterior of the Building. No articles shall be placed against glass partitions or doors which might appear unsightly from
outside Tenant’s premises. 

  

	5.	Landlord reserves the right to exclude from the Building between the hours of 6 p.m. and 8 a.m. at all hours on Saturday, Sundays and holidays all persons who are not Tenants or
their accompanied guests in the Building. Each Tenant shall be responsible for all persons it allows to enter the Building and shall be liable to Landlord for all acts of such persons. 

 Landlord shall in no case be liable for damages for error with regard to the admission to or exclusion from the Building of any person. 
 During the continuance of any invasion, mob, riot, public excitement or other circumstances rendering such action advisable in Landlord’s opinion.
Landlord reserves the right to prevent access to the Building by closing the doors, or otherwise, for the safety of Tenants and protection of the Building and property in the Building. 
  

	6.	No Tenant shall employ any person or persons other than the janitor of Landlord for the purpose of cleaning premises unless otherwise agreed to by Landlord in writing. Except with
the written consent of Landlord no person or persons other than those approved by Landlord shall be permitted to enter the Building for the purpose of cleaning same. No Tenant shall cause any unnecessary labor by reason of such Tenant’s
carelessness or indifference in the preservation of good order and cleanliness of the premises. Landlord shall in no way be responsible to any tenant for any loss of property on the premises, however occurring, or for any damage done to the effects
of any Tenant by the janitor or any other person. 

  

	7.	No Tenant shall obtain or maintain for use upon its premises coin-operated vending machines or receive barbering or shoe shine services in its premises except from persons
authorized by Landlord. 

  

	8.	Each Tenant shall see that all doors of its premises are closed and securely locked and must observe strict care and caution that all water faucets or water apparatus are entirely
shut off before the Tenant or its employees leave such premises, and that all utilities shall likewise be carefully shut off so as to prevent waste or damage, and for any default or carelessness the Tenant shall make good all injuries sustained by
other Tenants or occupants of the Building or Landlord. On multiple-tenancy floors, all Tenants shall keep the door or doors to the Building corridors closed at all times except for ingress and egress. 

  

	9.	As more specifically provided in the Tenant’s Lease of the premises, Tenant shall not waste electricity, water or air-conditioning and agrees to cooperate fully with Landlord
to assure the most effective operation of the Building’s heating and air-conditioning, and shall refrain from attempting to adjust any controls. 

  

 D-1 

	10.	No Tenant shall alter any lock or access device or install a new or additional lock or access device or any bolt off any door of its premises without prior written consent of
Landlord. If Landlord shall give its consent, Tenant shall in each case furnish Landlord with a key for any such lock. 

  

	11.	No Tenant shall make or have made additional copies of any keys or access devices provided by Landlord. Each Tenant upon the termination of the Tenancy, shall deliver to Landlord
all the keys or access devices for the Building, offices, rooms and toilet rooms which shall have been furnished the Tenant or which the Tenant shall have had made. In the event of the loss of any keys or access devices so furnished by Landlord,
Tenant shall pay Landlord therefor. 

  

	12.	The toilet rooms, toilets, urinals, wash bowls and other apparatus shall not be used for any purpose other than that for which they were constructed and no foreign substance of any
kind whatsoever, including, but not limited to, coffee grounds shall be thrown therein, and the expense of any breakage, stoppage or damage resulting from the violation of this rule shall be borne by the Tenant who, or whose employee or invitees,
shall have caused it. 

  

	13.	No Tenant shall use or keep in its premises or the Building any kerosene, gasoline or inflammable or combustible fluid or material other than limited quantities necessary for the
operation or maintenance of office equipment. No Tenant shall use any method of heating or air-conditioning other than that supplied by Landlord. 

  

	14.	No Tenant shall use, keep or permit to be used or kept in its premises any foul or noxious gas or substance or permit or suffer such premises to be occupied or used in a manner
offensive or objectionable to Landlord or other occupants of the Building by reason of noise, odors and/or vibrations or interfere in any way with other Tenants or those having business therein, nor shall any animals or birds be brought in or kept
in or about any premises of the Building. 

  

	15.	No cooking shall be done or permitted by any Tenant on its premises (except microwave ovens or Underwriters’ Laboratory approved equipment for the preparation of coffee, tea,
hot chocolate and similar beverages for Tenants and their employees shall be permitted, provided that such equipment and use is in accordance with applicable federal, state and city laws, codes, ordinances, rules and regulations) nor shall premises
be used for lodging. 

 Except with the prior written consent of Landlord, no Tenant shall sell, permit the sale, at retail, of
newspapers, magazines, periodicals, theater tickets or any other goods or merchandise in or on any premises, nor shall Tenant carry on, or permit or allow any employees or other person to carry on, the business of stenography, typewriting or any
similar business in or from any premises for the service or accommodation of occupants of any other portion of the Building, nor shall the premises of any Tenant be used for the storage of merchandise or for manufacturing of any kind, or the
business of a public barber shop, beauty parlor, nor shall the premises of any Tenant be used for any improper, immoral or objectionable purpose, or any business activity other than that specifically provided for in such Tenant’s lease.

  

	16.	If Tenant requires telegraphic, telephonic, burglar alarm or similar services, it shall first obtain, and comply with, Landlords instructions in their installation.

  

	17.	Landlord will direct electricians as to where and how telephone, telegraph and electrical wires are to be introduced or installed. No boring or cutting for wires will be allowed
without the prior written consent of Landlord. The location of burglar alarms, telephones, call boxes or other office equipment affixed to all premises shall be subject to the written approval of Landlord. 

  

	18.	No Tenant shall install any radio or television antenna, loudspeaker or any other device on the exterior walls or the roof of the Building. Tenant shall not interfere with radio or
television broadcasting or reception from or in the Building or elsewhere. 

  

	19.	No Tenant shall lay linoleum, tile, carpet or any other floor covering so that the same shall be affixed to the floors of its premises in any manner except as approved in writing by
Landlord. The expense of repairing any damage resulting from a violation of this rule or the removal of any floor covering shall be borne by the Tenant by whom, or by whose contractors, employees or invitees, the damage shall have been caused

  

	20.	No furniture, freight, equipment, materials, supplies, packages, merchandise or other property will be received in the Building or carried up or down the elevators except between
such hours and in such elevators as shall be designated by Landlord. Landlord shall have the right to prescribe the weight, size and position of all sales, furniture, files, bookcases or other heavy equipment brought into the Building. Safes or
other heavy objects shall, if considered necessary by Landlord, stand on wood strips of such thickness as determined by Landlord to be necessary to properly distribute the weight thereof. Landlord will not be responsible for loss of or damage to any
such safe, equipment or property from any cause, and all damage done to the Building by moving or maintaining any such safe, equipment or other property shall be repaired at the expense of Tenant. 

 Business machines and mechanical equipment belonging to Tenant which cause noise or vibration that may be transmitted to the structure of the Building or
to any space therein to such a degree as to be objectionable to Landlord or to any tenants in the Building shall be placed and maintained by Tenant, at Tenant’s expense, on vibration eliminators or other devices sufficient to eliminate noise or
vibration. The persons employed to move such equipment in or out of the Building must be acceptable to Landlord. 
  

 D-2 

	21.	No Tenant shall place a load upon any floor of the premises which exceeds the load per square foot which such floor was designed to carry and which is allowed by law. No Tenant
shall mark, or drive nails, screws or drill into, the partitions, woodwork or plaster or in any way deface such premises or any part thereof. 

  

	22.	There shall not be used in any space, or in the public areas of the Building, either by Tenant or others, any hand trucks except those equipped with rubber tires and side guards or
such other material-handling equipment as Landlord may approve. No other vehicles of any kind shall be brought by any Tenant into or kept in or about the premises. 

  

	23.	Each Tenant shall store all its trash and garbage within the interior of its premises. No materials shall be placed in the trash boxes or receptacles if such material is of such
nature that it may not be disposed of in the ordinary and customary manner of removing and disposing of trash and garbage in this area without violation of any law or ordinance governing such disposal. All trash, garbage and refuse disposal shall be
made only through entry ways and elevators provided for such purposes and at such times as Landlord may designate. 

  

	24.	Canvassing, soliciting, distributing of handbills or any other written material, and peddling in the Building are prohibited and each Tenant shall cooperate to prevent the same. No
Tenant shall make room-to-room solicitation of business from other tenants in the Building. 

  

	25.	Landlord reserves the right to exclude or expel from the Building any person who, in Landlord’s judgment, is intoxicated or under the influence of liquor or drugs or who is in
violation of any of the rules and regulations of the Building. 

  

	26.	Without the prior written consent of Landlord, Tenant shall not use the name of the Building in connection with or in promoting or advertising the business of Tenant except as
Tenant’s address. 

  

	27.	Tenant shall comply with all energy conservation, safety, fire protection and evacuation procedures and regulations established by Landlord or any governmental agency.

  

	28.	Tenant assumes any and all responsibility for protecting its premises from theft, robbery and pilferage, which includes keeping doors locked and other means of entry to the premises
closed. 

  

	29.	The requirements of Tenants will be attended to only upon application at the office of the Building by an authorized individual. Employees of Landlord shall not perform any work or
do anything outside of their regular duties unless special instruction from Landlord, and no employees will admit any person (Tenant or otherwise) to any office without specific instructions from Landlord. 

  

	30.	Landlord may waive any one or more of these Rules and Regulations for the benefit of any particular Tenant or Tenants, but no such waiver by Landlord shall be construed as a waiver
of such Rules and Regulations in favor of any other Tenant or Tenants, nor prevent Landlord from thereafter enforcing any such Rules and Regulations against any or all Tenants of the Building. 

  

	31.	Landlord reserves the right to make such other and reasonable rules and regulations as in its judgment may from time to time be needed for safety and security, for care and
cleanliness of the Building and for the preservation of good order therein. Tenant agrees to abide by all such Rules and Regulations hereinabove stated and any additional rules and regulations which are adopted. 

  

	32.	All wallpaper or vinyl fabric materials which Tenant may install on painted walls shall be applied with a strippable adhesive. The use of nonstrippable adhesives will cause damage
to the walls when materials are removed, and repairs made necessary thereby shall be made by Landlord at Tenant’s expense. 

  

	33.	Tenant shall provide and maintain hard surface protective mats under all desk chairs which are equipped with casters to avoid excessive wear and tear to carpeting. If Tenant fails
to provide such mats, the cost of carpet repair or replacement made necessary by such excessive wear and tear shall be charged to and paid for by Tenant. 

  

	34.	Tenant will refer all contractors, contractor’s representatives and installation technicians, rendering any service to Tenant to Landlord for Landlord’s supervision,
approval, and control before performance of any contractual service. This provision shall apply to all work performed in the Building, including installations of telephones, telegraph equipment, electrical devices and attachments and installations
of any nature affecting floors, walls, woodwork, trim, windows, ceilings, equipment or any other physical portion of the Building. 

  

	35.	Tenant shall give prompt notice to Landlord of any accidents to or defects in plumbing, electrical fixtures, or heating apparatus so that such accidents or defects may be attended
to properly. 

  

	36.	No Tenant shall store items in any common areas, corridors, stairwells, or restrooms. This includes any mechanical, telephone or other rooms restricted to Landlord.

  

	37.	Tenant shall be responsible for the observance of all of the foregoing Rules and Regulations by Tenant’s employees, agents, clients, customers, invitees and guests.

  

	38.	These Rules and Regulations are in addition to, and shall not be construed to in any way modify, after or amend, in whole or in part, the terms, covenants, agreements and conditions
of any Lease of premises in the Building. 

  

 D-3 

	39.	No smoking is allowed within the Building, including any Tenant premises or Building common areas. Landlord may designate a specific smoking area in a suitable area outside of the
Building. 

  

	40.	Tenant shall not store nor bring into the Buildings, Fire Arms, ammunition or other devices generally considered to be a weapon. 

  

 D-4 

 EXHIBIT “E” 
 FORM OF LETTER OF CREDIT 
 TRADE SERVICES DIVISION, NORTHERN CALIFORNIA 
 ONE FRONT STREET, 21ST FLOOR 
 SAN FRANCISCO, CALIFORNIA 94111 
 Contact Phone: 1(800) 798-2815 (Option 1) 
 Email : sftrade@wellsfargo.com 
 IRREVOCABLE LETTER OF CREDIT 
  

					
	Beneficiary Name	 	 	  	Letter of Credit No.                     
	Address	 		  	Date:                  , 2005
	City, State Zip	 		  	
	Attention:
                                        
	 		  	

 Ladies and Gentlemen: 
 At the request and for the account of Applicant Name and Address (“Applicant”), we hereby establish our Irrevocable Letter of Credit in your favor in the amount of Amount in Words United States
Dollars (US$Amount in Numbers) available with us at our above office by payment of your draft(s) drawn on us at sight accompanied by your signed and dated statement worded as follows with the instructions in brackets therein complied with:

 “The undersigned, an authorized representative of the beneficiary (“Beneficiary”) of Wells Fargo Bank Letter of Credit No.
                     (the “Wells Credit”) hereby certifies that Applicant Name has defaulted in its obligations under that
certain Lease dated [insert date] between Applicant Name and Beneficiary Name (as such lease may be amended, restated or replaced) and the amount drawn under the Wells Credit represents the amount due to Beneficiary as a result
of such default.” 
 This Letter of Credit expires at our above office on Month Day, 2006, but shall be automatically extended,
without written amendment, to Month Day in each succeeding calendar year up to, but not beyond, Month Day, 20     unless we have sent written notice to you at your address above by registered mail or express
courier that we elect not to renew this Letter of Credit beyond the date specified in such notice which date will be Month Day, 2006 or any subsequent Month Day occurring before Month Day, 20     and
be at least 30 calendar days after the date we send you such notice. Upon our sending you such notice of the nonrenewal of the expiration date of this Letter of Credit, you may also draw under this Letter of Credit by presentation to us at our above
address, on or before the expiration date specified in such notice, of your draft drawn on us at sight accompanied by your signed and dated statement worded as follows with the instructions in brackets therein complied with: 
 “The undersigned an authorized representative of the beneficiary (“Beneficiary”) of Wells Fargo Bank, N.A. Letter of Credit No.
                     (the “Wells Credit”) hereby certifies that Beneficiary has received written notification from Wells Fargo Bank,
N.A. that the Wells Credit will not be extended past its current expiration date. The undersigned further certifies that (i) as of the date of this statement, Beneficiary has not received a letter of credit or other instrument acceptable to the
Beneficiary as a replacement to the Wells Credit; and (ii) Beneficiary has not released Applicant Name from its obligations to Beneficiary under that certain Lease dated [insert date] between Applicant Name and
Beneficiary Name (as such lease may be amended, restated or replaced). “ 
 Each draft must also be accompanied by the original
of this Letter of Credit for our endorsement on this Letter of Credit of our payment of such draft. 
 Partial and multiple drawings are
permitted under this Letter of Credit. 
 Each draft must be marked “Drawn under Wells Fargo Bank, N.A. Letter of Credit No.
                    .” 
  

 E-1 

 If any instructions accompanying a drawing under this Letter of Credit request that payment is to be made
by transfer to an account with us or at another bank, we and/or such other bank may rely on an account number specified in such instructions even if the number identifies a person or entity different from the intended payee. 
 This Letter of Credit is transferable one or more times, but in each instance to a single transferee and only in the full amount available to be drawn
under the Letter of Credit at the time of such transfer. Any such transfer may be affected only through ourselves and only upon presentation to us at our above-specified office of a duly executed instrument of transfer in the format attached hereto
as Exhibit A together with the original of this Letter of Credit. Any transfer of this Letter of Credit may not change the place of expiration of this Letter of Credit from our above-specified office. Each transfer shall be evidenced by our
endorsement on the reverse of the original of this Letter of Credit, and we shall deliver the original of this Letter of Credit so endorsed to the transferee. All charges in connection with any transfer of this Letter of Credit are for the
Applicant’s account. 
 This Letter of Credit is subject to the Uniform Customs and Practice For Documentary Credits (1993 Revision),
International Chamber of Commerce Publication No. 500 (the “UCP”), and engages us in accordance therewith. 
  

			
	Very truly yours
	
	WELLS FARGO BANK, N.A.
		
	BY:	 	  

		 	(AUTHORIZED SIGNATURE)

  

 E-2 

 Exhibit A 
  

					
		 		  	Wells Fargo Bank, N.A.
		 		  	Letter of Credit No.                     

  

					
		 		  	Date:                         

 Wells Fargo Bank, N.A. 
 Trade Services Division, Northern California 
 One Front Street, 21st Floor 
 San Francisco, California 94111 
 Subject: Your Letter of Credit No.                     

 Ladies and Gentlemen: 
 For value received, we
hereby irrevocably assign and transfer all our rights under the above-captioned Letter of Credit, as heretofore and hereafter amended, extended or increased, to: 
  

							
	
	  		  		  	
	[insert name of transferee]	  		  		  	
				
	  
	  		  		  	
				
	  
	  		  		  	
	[insert address]	  		  		  	

 By this transfer, all of our rights in the Letter of Credit are transferred to the transferee, and
the transferee shall have sole rights as beneficiary under the Letter of Credit, including sole rights relating to any amendments, whether increases or extensions or other amendments, and whether now existing or hereafter made. You are hereby
irrevocably instructed to advise future amendment(s) of the Letter of Credit to the transferee without our consent or notice to us. 
 Enclosed are the original Letter of Credit and the original of all amendments to this date. Please notify the transferee of this transfer and of the terms and conditions of the Letter of Credit as transferred. This transfer will not become
effective until the transferee is so notified. 
  

			
	Very truly yours,
	
	[insert name of transferor]
		
	By:	 	  

	Name:	 	  

	Title:	 	  

  

			
	Signature of Transferor Guaranteed
	[insert name of bank]
	By:	 	  

	Name:	 	  

	Title:	 	  

  

  

 E-3Lease Agreement, dated as of October 1, 2006

 EXHIBIT 10.25 
 LEASE AGREEMENT 
 This Lease, made this 1st day of October, 2006 between El Camino Center, a
California Limited Partnership, hereinafter called Landlord, and Danger, Inc., a California corporation, hereinafter called Tenant. 
 WITNESSETH: 
 Landlord hereby leases to Tenant and Tenant hereby hires and takes from Landlord those certain premises (the
“Premises”) outlined in red on Exhibit “A”, attached hereto and incorporated herein by this reference thereto more particularly described as follows: 
 Approximately 18,850 square feet of rentable space commonly known as 380 Portage Avenue, Palo Alto, County of Santa Clara, California. 
 As used herein the Complex shall mean and include all of the land outlined in red and described in Exhibit “B”, attached hereto, and all of the buildings, improvements, fixtures and equipment now or
hereafter situated on said land. The Building shall mean the building in which the Premises are located. 
 Landlord agrees to provide for
the improvement of the Premises upon such terms and conditions as set forth in Exhibit “C”, attached hereto and incorporated herein by this reference thereto. 
 Said letting and hiring is upon and subject to the terms, covenants and conditions hereinafter set forth and Tenant covenants as a material part of the consideration for this Lease to perform and observe each and all
of said terms, covenants and conditions. This Lease is made upon the conditions of such performance and observance. 
 1. USE Tenant shall use the
Premises only in conformance with applicable governmental laws, regulations, rules and ordinances for the purpose of general, office, and other related legal uses. Tenant shall not do or permit to be done in or about the Premises or the
Complex nor bring or keep or permit to be brought or kept in or about the Premises or the Complex anything which is prohibited by or will in any way increase the existing rate of (or otherwise affect) fire or any insurance covering the Complex or
any part thereof, or any of its contents, or will cause a cancellation of any insurance covering the Complex or any part thereof, or any of its contents. Tenant shall not do or permit to be done anything in, on or about the Premises or the Complex
which will in any way obstruct or interfere with the rights of other tenants or occupants of the Complex or injure or annoy them, or use or allow the Premises to be used for any improper, immoral, unlawful purpose, nor shall Tenant cause, maintain
or permit any nuisance in, on or about the Premises or the Complex. No sale by auction shall be permitted on the Premises. Tenant shall not place any loads upon the floors, walls, or ceiling, which endanger the structure, or place any harmful fluids
or other materials in the drainage system of the building, or overload existing electrical or other mechanical systems. No waste materials or refuse shall be dumped upon or permitted to remain upon any part of the Premises or outside of the building
in which the Premises are a part, except in trash containers placed inside exterior enclosures designated by Landlord for that purpose or inside of the building proper where designated by Landlord. No materials, supplies, equipment, finished
products or semi-finished products, raw materials or articles of any nature shall be stored upon or permitted to remain outside the Premises or on any portion of common area of the Complex. No loudspeaker or other device, system or apparatus which
can be heard outside the Premises shall be used in or at the Premises without the prior written consent of Landlord. Tenant shall not commit or suffer to be committed any waste in or upon the Premises. Tenant shall indemnify, defend and hold
Landlord harmless against any loss, expense, damage, attorney’s fees, or liability arising out of failure of Tenant to comply with any applicable law. Except as expressly set forth in this Lease, Tenant shall not use the Premises for any use or
purpose contrary to applicable law now or hereinafter in effect. Tenant shall comply with any recorded covenant, condition, or restriction (“CC&R’s”) affecting the Premises; provided however, Landlord agrees not to enter into any
future CC&R’s that would adversely affect Tenant’s rights hereunder or materially increase Tenant’s obligations hereunder. The provisions of this paragraph are for the benefit of Landlord only and shall not be construed to be for
the benefit of any tenant or occupant of the Complex. 
  

 1 

 2. TERM 
 A. The term of this Lease shall be for a period of approximately Five ( 5 ) years and
three ( 3 ) months (unless sooner terminated as hereinafter provided) and, subject to Paragraphs 2(B) and 3, shall commence on the Commencement Date and shall expire on the 31st day of December, 2011 (the “Expiration Date”), subject to earlier termination or extension as herein provided. 

 B. Possession of the Premises shall be deemed tendered and the term of this Lease shall commence when the first of the following occurs
(the “Commencement Date”): 
  

	 	(1)	One day after mutual execution of this Lease. 

 3.
POSSESSION If Landlord, for any reason whatsoever, cannot deliver possession of said Premises to Tenant on the Commencement Date, as hereinbefore specified, this Lease shall not be void or voidable; nor shall the obligation of Tenant shall be
affected thereby; nor shall Landlord or Landlord’s agents be liable to Tenant for any loss or damage resulting therefrom; but in that event the Commencement Date shall be revised to conform to the date of Landlord’s delivery of possession,
and the Expiration Date shall remain December 31, 2011. Notwithstanding the foregoing, if the delivery of the Premises is later than October 31, 2006 (except those delays caused by Acts of God, strikes, war, utilities, governmental bodies,
weather, unavailable materials, and delays beyond Landlord’s control) Tenant, at its option, may, by written notice to Landlord, terminate this Lease. Notwithstanding anything above in Paragraphs 2 or 3, if this Lease is executed anytime
between October 1, 2006 and October 30, 2006, the term shall not be adjusted but shall commence one day following the day upon which the Lease has been executed by both parties hereto and shall terminate on December 31, 2011 except as
set forth elsewhere in this Lease.  
 4. RENT 
 A. Basic Rent. Tenant agrees to pay to Landlord at such place as Landlord may designate without deduction, offset, prior notice, or demand, and Landlord agrees to accept as Basic Rent for the leased Premises the total
sum of One Million Seven Hundred Seventy-five Thousand Six Hundred Seventy ($1,775,670.00) Dollars in lawful money of the United States of America, payable as follows: 
  

			
	$0.00	  	shall be due and payable on or before the first day of September 2006 and on or before the first day of each succeeding month through December 2006.
		
	$22,620.00	  	shall be due and payable on or before the first day of January 2007 and on or before the first day of each succeeding month through June 2007.
		
	$28,275.00	  	shall be due and payable on or before the first day of July 2007 and on or before the first day of each succeeding month through December 2007.
		
	$29,217.50	  	shall be due and payable on or before the first day of January 2008 and on or before the first day of each succeeding month through December 2008.
		
	$30,160.00	  	shall be due and payable on or before the first day of January 2009 and on or before the first day of each succeeding month through December 2009.
		
	$31,102.50	  	shall be due and payable on or before the first day of January 2010 and on or before the first day of each succeeding month through December 2010.
		
	$32,045.00	  	shall be due and payable on or before the first day of January 2011 and on or before the first day of each succeeding month through December 2011.

 B. Time for Payment. In the event that the term of this Lease for any reason ends on a date other
than the last day of a calendar month, on the first day of the last calendar month of the term hereof Tenant shall pay to Landlord as rent for the period from said first day of said last calendar month to and including the last day of the term
hereof that proportion of the monthly rent hereunder which the number of days between said first day of said last calendar month and the last day of the term hereof bears to the actual number of days in such calendar month. 
  

 2 

 C. Late Charge. Notwithstanding any other provision of this Lease, if Tenant is in default in the payment
of rent as set forth in this Paragraph 4 when due, or any part thereof, Tenant agrees to pay Landlord, in addition to the delinquent rental due, a late charge for each rental payment in default ten (10) days. Said late charge shall equal ten
(10%) percent of each rental payment so in default. 
 D. Additional Rent. Beginning in January 2007, Tenant shall pay to Landlord in
addition to the Basic Rent and as Additional Rent the following: 
  

	 	(1)	Tenant’s proportionate share of all utilities relating to the Complex as set forth in Paragraph 11, and 

  

	 	(2)	Tenant’s proportionate share of all Real Estate Taxes relating to the Complex as set forth in Paragraph 12, and 

  

	 	(3)	Tenant’s proportionate share of all insurance premiums relating to the Complex, as set forth in Paragraph 15, and 

  

	 	(4)	Tenant’s proportionate share of expenses for the operation, management, maintenance and repair of the Building (including common areas of the Building) and Common Areas of the
Complex in which the Premises are located as set forth in Paragraph 7, and 

  

	 	(5)	All charges, costs and expenses, which Tenant is required to pay hereunder, together with all interest and penalties, costs and expenses including attorney’s fees and legal
expenses, that may accrue thereto in the event of Tenant’s failure to pay such amounts, and all damages, reasonable costs and expenses which Landlord may incur by reason of default of Tenant or failure on Tenant’s part to comply with the
terms of this Lease. In the event of nonpayment by Tenant of Additional Rent, Landlord shall have all the rights and remedies with respect thereto as Landlord has for nonpayment of rent. 

 Tenant shall pay to Landlord monthly, in advance, Tenant’s prorata share of an amount estimated by Landlord to be Landlord’s approximate average monthly
expenditure for such Additional Rent items, which estimated amount shall be reconciled in writing {the “Reconciliation Statement”) and provided to Tenant within one hundred fifty (150) days after the end of each calendar year as
compared to Landlord’s actual expenditure for said Additional Rent items, with Tenant paying to Landlord, upon demand, any amount of actual expenses expended by Landlord in excess of said estimated amount, or Landlord refunding to Tenant
(providing Tenant is not in default in the performance of any of the terms, covenants and conditions of this Lease) any amount of estimated payments made by Tenant in excess of Landlord’s actual expenditures for said Additional Rent items.

 Tenant’s payment for such Additional rent as of January 2007 shall be Five Thousand Seven Hundred ($5,700.00) Dollars per
month. Any payments required to be made by Tenant for Additional Rent shall be made by check or instrument separate from that check or instrument used by Tenant to make any payments for Basic Rent pursuant to paragraph 4 A. 
 The respective obligations of Landlord and Tenant accruing under this paragraph prior to the expiration or earlier termination of the Lease shall survive
the expiration or other termination of the term of this Lease, and if the term hereof shall expire or shall otherwise terminate on a day other than the last day of a calendar year, the actual Additional Rent incurred for the calendar year in which
the term hereof expires or otherwise terminates shall be determined and settled on the basis of the statement of actual Additional Rent for such calendar year and shall be prorated in the proportion which the number of days in such calendar year
preceding such expiration or termination bears to 365. 
 Notwithstanding this Paragraph 4.D, if Tenant occupies the Premises with operating
personnel for the conduct of its normal business activities (construction and facilities personnel engaged in preparing the space for Tenant’s occupancy shall not be considered operating personnel) prior to January 2007, Tenant shall
immediately upon such occupancy commence payment of Additional Rent prorated as necessary for partial month occupancy based on a monthly estimated Additional Rent payment of $5,700.00. Tenant shall, as of the commencement date of the Lease, be
responsible for the cost and expense of all utilities providing service exclusively to the Premises, janitorial service to the Premises, and all other services to be contracted for directly by Tenant as provided for in Paragraph 11 of the Lease.

 E. Place of Payment of Rent and Additional Rent. All Basic Rent hereunder and all payments hereunder for Additional Rent shall be paid to
Landlord at the office of Landlord c/o 

  

 3 

 
Robert Wheatley Properties at 3225 Ash Street, Palo Alto, California 94306, or to such other person or to such other place as Landlord may from time to time
designate in writing. 
 F. Tenant’s Audit Right. Landlord shall maintain records respecting Real Estate Taxes, utility and common area
maintenance expenses and insurance premiums for the Building and shall determine the same in accordance with sound management practices consistently applied. Tenant or its representative shall have the right to examine such records during normal
business hours at the place or places where such records are normally kept upon reasonable prior notice specifying the records Tenant desires to examine, delivered to Landlord no later than ninety (90) days following the furnishing of the
Reconciliation Statement. Tenant may take exception to matters included in utility expenses, Taxes, insurance premiums or common area maintenance expenses, or Landlord’s computation of Tenant’s proportionate share of any of the foregoing,
by sending notice specifying such exception and the reasons therefor to Landlord no later than sixty (60) days after Tenant’s examination of Landlord’s records pursuant to this Section. If Tenant takes exception to any matter
contained in the Reconciliation Statement as provided herein, Landlord shall refer the matter to an independent certified public accountant mutually acceptable to Landlord and Tenant, whose certification as to the proper amount shall be rendered
within sixty (60) days and shall be final and conclusive as between Landlord and Tenant. Tenant shall promptly pay the cost of such certification unless such certification determines that Tenant was over-billed by more than five percent (5%).
Pending resolution of any such exceptions in the foregoing manner, Tenant shall continue paying Additional Rent in the amounts determined by Landlord, subject to adjustment after any such exceptions are so resolved. 
 G. Security Deposit. Concurrently with Tenant’s execution of this Lease, Tenant shall deposit with Landlord the sum of Thirty Nine Thousand
($39,000.00) Dollars. Said sum shall be held by Landlord as a Security Deposit for the faithful performance by Tenant of all the terms, covenants, and conditions of this Lease to be kept and performed by Tenant during the term hereof. If, after
notice and failure to cure within the time periods set forth in Section 22 hereof, Tenant defaults with respect to any provisions of this Lease, including, but not limited to, the provisions relating to the payment of rent and any of the
monetary sums due herewith, Landlord may (but shall not be required to) use, apply or retain all or any part of this Security Deposit for the payment of accrued but unpaid rent plus any other amount which Landlord may spend by reason of
Tenant’s default or to compensate Landlord for any other loss or damage which Landlord may suffer by reason of Tenant’s default. If any portion of said Deposit is so used or applied, Tenant shall, within ten (10) days after written
demand therefor, deposit cash with Landlord in the amount sufficient to restore the Security Deposit to its original amount. Tenant’s failure to do so shall be a material breach of this Lease. Landlord shall not be required to keep this
Security Deposit separate from its general funds, and Tenant shall not be entitled to interest on such Deposit. If Tenant fully and faithfully performs every provision of this Lease to be performed by it, the Security Deposit or any balance thereof
shall be returned to Tenant (or at Landlord’s option, to the last assignee of Tenant’s interest hereunder) at the expiration of the Lease term and within forty-five (45) days after Tenant has vacated the Premises. In the event of
termination of Landlord’s interest in this Lease, Landlord shall transfer said Deposit to Landlord’s successor in interest whereupon Tenant agrees to release Landlord from liability for the return of such Deposit or the accounting
therefore, so long as Landlord’s successor in interest agrees in writing to hold the Security Deposit in accordance with this Section 4.G. 
 5.
RULES AND REGULATIONS AND COMMON AREA Subject to the terms and conditions of this Lease and such Rules and Regulations as Landlord may from time to time prescribe, Tenant and Tenant’s employees, invitees and customers shall, in common
with other occupants of the Complex in which the Premises are located, and their respective employees, invitees and customers, and others entitled to the use thereof, have the non-exclusive right to use the access roads, parking areas, and
facilities provided and designated by Landlord for the general use and convenience of the occupants of the Complex in which the Premises are located, which areas and facilities are referred to herein as “Common Area” This right shall
terminate upon the termination of this Lease. Landlord reserves the right from time to time to make changes in the shape, size, location, amount and extent of Common Area, so long as such changes do not adversely affect access to or visibility of
the Premises or materially increase Tenant’s payment for Additional Rent. Landlord further reserves the right to promulgate such reasonable rules and regulations relating to the use of the Common Area, and any part or parts thereof, as Landlord
may deem appropriate for the best interests of the occupants of the Complex, and such rules and regulations shall be applied in a nondiscriminatory fashion as 

  

 4 

 
determined solely by Landlord. The Rules and Regulations shall be binding upon Tenant upon delivery of a copy of them to Tenant, and Tenant shall abide by
them and cooperate in their observance. Such Rules and Regulations may be amended by Landlord from time to time, with written notice, and all amendments shall be effective upon delivery of a copy to Tenant. Landlord shall not be responsible to
Tenant for the non-performance by any other tenant or occupant of the Complex of any of said Rules and Regulations. To the extent that any of the Rules and Regulations conflict with any of the provisions of this Lease, the latter shall control.

 Landlord shall operate, manage and maintain the Common Area of the Building and Complex in good order, condition, and repair. The manner
in which the Common Area shall be maintained and the expenditures for such maintenance shall be at the discretion of Landlord comparable to that of prudent landlords of other comparable buildings in the Palo Alto, California area. 
 6. PARKING Tenant shall have the right (but not the obligation), at no additional expense except as otherwise provided for herein, to use up to sixty-six
(66) unreserved parking spaces in the common parking areas of the Complex. Tenant agrees that Tenant, Tenant’s employees, agents, representatives and/or invitees shall not use parking spaces in excess of said spaces allocated to Tenant
hereunder. Landlord shall have the right, at Landlord’s sole discretion, to specifically designate the location of Tenant’s parking spaces within the common parking areas of the Complex in the event of a dispute among the tenants occupying
the building and/or Complex referred to herein, in which event Tenant agrees that Tenant, Tenant’s employees, agents, representatives and/or invitees shall not use any parking spaces other than those parking spaces specifically designated by
Landlord for Tenant’s use. Said parking spaces, if specifically designated by Landlord to Tenant, may be relocated by Landlord at any time, and from time to time. Landlord reserves the right, at Landlord’s sole discretion and upon written
notice to Tenant specifying the reasons therefor, to rescind any specific designation of parking spaces, thereby returning Tenant’s parking spaces to the common parking area. Landlord shall give Tenant written notice of any change in
Tenant’s parking spaces, but in no event shall Landlord reduce the number of Tenant’s available parking spaces below sixty-six (66). Tenant shall not, at any time, park, or permit to be parked, any trucks or vehicles adjacent to the
loading areas so as to interfere in any way with the use of such areas, nor shall Tenant at any time park, or permit the parking of Tenant’s trucks or other vehicles or the trucks and vehicles of Tenant’s suppliers or others, in any
portion of the common area not designated by Landlord for such use by Tenant. Tenant shall not park not permit to be parked, any inoperative vehicles or equipment on any portion of the common parking area or other common areas of the Complex. Tenant
agrees to assume responsibility for compliance by its employees with the parking provision contained herein. If Tenant or its employees park in other than such designated parking areas, then Landlord may charge Tenant, as an additional charge, and
Tenant agrees to pay, ten ($10.00) Dollars per day for each day or partial day each such vehicle is parked in any area other than that designated (Landlord shall promptly notify Tenant of parking violations if Landlord intends to Charge Tenant for
such violations so that Tenant will not unknowingly continue to accrue violations. Tenant hereby authorizes Landlord at Tenant’s sole expense to tow away from the Complex any vehicle belonging to Tenant or Tenant’s employees parked in
violation of these provisions, or to attach violation stickers or notices to such vehicles. Tenant shall use the parking areas for vehicle parking only, and shall not use the parking areas for storage. 
 7. EXPENSES OF OPERATION, MANAGEMENT AND MAINTENANCE OF THE COMMON AREAS OF THE COMPLEX, PREMISES AND BUILDING IN WHICH THE PREMISES ARE LOCATED As Additional
Rent and in accordance with Paragraph 4 D of this Lease, Tenant shall pay to Landlord Tenant’s proportionate share (calculated on a square footage or other more equitable basis as calculated by Landlord) of all expenses of operation,
management, maintenance and repair of the Common Areas of the Complex including, but not limited to, license, permit and inspection fees; security; utility charges associated with exterior landscaping and lighting (including water and sewer
charges); all charges incurred in the maintenance of landscaped areas, lakes, parking lots, sidewalks, driveways; maintenance, repair and replacement of all fixtures and electrical, mechanical and plumbing systems; structural elements and exterior
surfaces of the buildings; salaries and employee benefits of personnel and payroll taxes applicable thereto; supplies, materials, equipment and tools; the cost of capital expenditures which have the effect of reducing operating expenses, provided,
however, that in the event Landlord makes such capital improvements, Landlord shall amortize its investment in said improvements (together with interest at a rate of interest not to exceed the prime rate then being charged by major banks plus two
(2) percent on the unamortized balance) as an operating 

  

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expense in accordance with standard accounting practices, provided, that such amortization is not at a rate greater than the anticipated savings in the
operating expenses. 
 As Additional Rent and in accordance with paragraph 4D of this Lease, Tenant shall pay its proportionate share
(calculated on a square footage or other more equitable basis as calculated by Landlord) of the cost of operation (including common utilities), management, maintenance and repair of the Premises and the building (including common areas such as
lobbies, restrooms, janitor’s closets, hallways, elevators, mechanical and telephone rooms, stairwells, entrances, spaces above the ceilings) in which the Premises are located. To the extent applicable to the Premises the maintenance items
herein referred to include, but are not limited to, janitorization, electrical systems (such as outlets, lighting fixtures, lamps, bulbs, tubes, ballasts), heating and airconditioning controls (such as mixing boxes, thermostats, time clocks, supply
and return grills), all interior improvements within the Premises including but not limited to: wall coverings, window coverings, acoustical ceilings, vinyl tile, carpeting, partitioning, doors (both interior and exterior, including closing
mechanisms, latches, locks), and all other interior improvements of any nature whatsoever, all windows, window frames, plate glass, glazing, truck doors, main plumbing systems of the building (such as water and drain lines, sinks, toilets, faucets,
drains, showers and water fountains), main electrical systems (such as panels and conduits), heating and air conditioning systems (such as compressors, fans, air handlers, ducts, boilers, heaters), store fronts, roofs, downspouts, building common
area interiors (such as wall coverings, window coverings, floor coverings and partitioning), ceilings, building exterior doors, skylights (if any), automatic fire extinguishing systems and elevators; license, permit, and inspection fees; security;
salaries and employee benefits of personnel and payroll taxes applicable thereto; supplies, materials, equipment and tools; the cost of capital expenditures which have the effect of reducing operating expenses, provided, however, that in the event
Landlord makes such capital improvements, Landlord shall amortize its investment in said improvements (together with interest at a rate of interest not to exceed the prime rate then being charged by major banks plus two (2) percent on the
unamortized balance) as an operating expense in accordance with standard accounting practices, provided, that such amortization is not at a rate greater than the anticipated savings in the operating expenses. Tenant hereby waives all rights under,
and benefits of, subsection 1 of Section 1932 and Section 1941 and 1942 of the California Civil Code and under any similar law, statute or ordinance now or hereafter in effect. Tenant agrees to provide carpet shields under all rolling
chairs or to otherwise be responsible for wear and tear of the carpet caused by such rolling chairs if such wear and tear exceeds that caused by normal foot traffic in surrounding areas. Areas of excessive wear shall be replaced at Tenant’s
sole expense upon Lease termination. 
 Notwithstanding the foregoing, “Additional Rent” as used herein shall not include
Landlord’s debt repayments; interest on charges; expenses directly or indirectly incurred by Landlord for the benefit of any other tenant; cost for the installation of partitioning or any other tenant improvements; cost of attracting tenants
(including, without limitation, leasing commissions, advertising and marketing expenses); depreciation; interest, or executive salaries, nor shall “Additional Rent” include the following items: (i) costs of a capital nature, including
but not limited to capital improvements and alterations, capital repairs, capital equipment, and capital tools as determined in accordance with generally accepted accounting principles, except as specifically set forth in this Section 7,
(iii) loan fees, interest and principal payments or like carrying costs on loans, (iv) ground rental payments, (v) costs reimbursed by insurance proceeds (excluding deductible amounts which may be included), (vi) attorneys’
fees, costs, disbursements, and other expenses incurred in connection with negotiations or disputes with tenants, or in connection with leasing, renovating, or improving space for tenants or other occupants or prospective tenants or other occupants
of the Complex, (vii) costs with respect to the creation of a mortgage or a superior lease or in connection with a sale of the Building or Complex, (viii) costs incurred due to violations by any tenant in the Complex, of the terms and
conditions of any lease, (ix) penalties and interest for late payment of any obligation of Landlord, (x) Landlord’s corporate general overhead or corporate general administrative expenses (Landlord’s property manager’s
management fee shall be included), (xi) costs of any service sold to any tenant (including Tenant) or other occupant for which Landlord is entitled to be reimbursed as an additional charge or rental over and above the basic rent and escalations
payable under the lease with that tenant, (xii) overhead profit increments paid to Landlord’s subsidiaries or affiliates for management or other services on or to the building or for supplies or other materials to the extent that the cost
of the services, supplies, or materials exceeds the cost that would have been paid had the services, supplies, or materials been provided by unaffiliated parties on a competitive basis, (xiii) any compensation paid to clerks, attendants, or
other persons in commercial concessions operated by Landlord (this shall not be construed to exclude any of 

  

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Landlord’s property manager’s personnel providing services at the Complex), (xiv) any costs, fines, or penalties incurred due to violations by
Landlord of any governmental rule or authority, this Lease or any other lease in the Complex, or due to Landlord’s negligence or willful misconduct, (xv) the cost of correcting any building code violations which were violations prior to
the Commencement Date of this Lease, (xvi) the cost of containing, removing, or otherwise remediating any contamination of the Complex (including the underlying land and ground water) by any toxic or hazardous materials (including, without
limitation, asbestos and “PCB’s”) where such contamination was not caused by Tenant, (xvii) costs for sculpture, paintings, or other objects of art (and insurance thereon or extraordinary security in connection therewith), and
(xviii) any other expense not provided for in the Lease that under generally accepted accounting principles and practices consistently applied would not be considered a normal maintenance or operating expense. 
 Tenant agrees to provide five-day janitorial service for the leased Premises and Landlord agrees to maintain the Complex in a first-class manner.

 8. ACCEPTANCE AND SURRENDER OF PREMISES Except as expressly provided herein, by entry hereunder, Tenant accepts the Premises as being in good and
sanitary order, condition and repair and accepts the Building and improvements included in the Premises in their present condition and without representation or warranty by Landlord as to the condition of such Building or as to the use or occupancy
which may be made thereof. Any exceptions to the foregoing must be by written agreement executed by Landlord and Tenant. 
 Notwithstanding anything to the
contrary in this Lease, Landlord, to the best of Landlord’s knowledge on the Commencement Date represents that (a) the Premises in all material aspects comply with all laws, codes, ordinances and other governmental requirements then
applicable to the Premises (b) the Premises are structurally sound and water tight, (c) the Premises, including the improvements and equipment (including the roof, HVAC, plumbing, electrical, lighting, mechanical and life safety systems)
therein, are in good working order, condition, and repair, and (d) the Premises are free of contamination by any petroleum, asbestos, PCB’s, or radioactive materials or any other hazardous or toxic substances then regulated by any
applicable local, state, or federal law (Tenant represents that it is aware that Hazardous Materials have been found in the groundwater in the area in which the Complex is located and that Landlord has previously remediated soil contamination from a
previous tenant of the Complex and that, while not accepting responsibility for any contamination preceding Tenant’s occupancy, Tenant has conducted any investigations it deems necessary relative to Hazardous Materials). In the event of any
breach of any of the foregoing warranties, Landlord shall promptly rectify the same at its sole cost and expense. Tenant shall have until sixty (60) days after its occupancy of the Premises for the purpose of conducting its normal business
activities to notify Landlord of any breach of the representations in (a), (b) , and (c) above. There shall be no time limit on Tenant’s notification of Landlord as to a breach of the representation set forth in (d) above.

 Tenant agrees on the last day of the Lease term, or on the sooner termination of this Lease, to surrender the Premises promptly and peaceably to Landlord
in good condition and repair (casualty not caused by or contributed to by Tenant, condemnation, maintenance obligations of Landlord or normal wear and tear excepted), with all interior walls painted, or cleaned so that they appear freshly painted,
and repaired, if damaged; all floors cleaned and waxed; all carpets cleaned and shampooed; the air conditioning and heating equipment serviced by a reputable and licensed service firm and in good operating condition (provided the maintenance of such
equipment has been Tenant’s responsibility during the term of this Lease) together with all alterations, additions and improvements which may have been made in, to, or on the Premises (except movable trade fixtures installed at the expense of
Tenant) except that Tenant shall ascertain from Landlord at the time it makes an alteration (or at the time it requests Landlord’s consent to an alteration, if such consent is required under Section 9) whether Landlord desires to have such
alteration removed and the damage caused by such alteration and removal repaired and if Landlord shall so desire, then Tenant shall remove such alteration and make such repairs before the end of this Lease at Tenant’s sole cost and expense.
Tenant, on or before the end of the term or sooner termination of this Lease, shall remove all of Tenant’s personal property and trade fixtures from the Premises, and all property not so removed on or before the end of the term or sooner
termination of this Lease shall be deemed abandoned by Tenant and title to same shall thereupon pass to Landlord without compensation to Tenant. Landlord may, upon termination of this Lease, remove all moveable furniture and equipment so abandoned
by Tenant, at Tenant’s sole cost, and repair any damage caused by such removal at Tenant’s sole 

  

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cost. If the Premises be not surrendered at the end of the term or sooner termination of this Lease, Tenant shall indemnify Landlord against loss or
liability resulting from the delay by Tenant in so surrendering the Premises including, without limitation, any claims made by any succeeding tenant founded on such delay. Nothing contained herein shall be construed as an extension of the term
hereof or as a consent of Landlord to any holding over by Tenant. The voluntary or other surrender of this Lease or the Premises by Tenant or a mutual cancellation of this Lease shall not work as a merger and, at the option of Landlord, shall either
terminate all or any existing subleases or subtenancies or operate as an assignment to Landlord of all or any such subleases or subtenancies. 
 9.
ALTERATIONS AND ADDITIONS Tenant shall not make, or suffer to be made, any alteration or addition to the Premises, or any part thereof, without the written consent of Landlord first had and obtained by Tenant, but at the cost of Tenant, and
any addition to, or alteration of, the Premises, except moveable furniture and trade fixtures, shall at once become a part of the Premises and belong to Landlord. If Landlord consents to the making of any alteration, addition, or improvement to or
of the Premises by Tenant, the same shall be made by Tenant at Tenant’s sole cost and expense. Any modifications to the building or building systems required by governmental code or otherwise as a result of Tenant’s alterations, additions
or improvements shall be made at Tenant’s sole cost and expense. Tenant shall retain title to all moveable furniture and trade fixtures placed in the Premises. All heating, lighting, electrical, airconditioning, partitioning, drapery, carpeting
and floor installations made by Tenant, together with all property that has become an integral part of the Premises, shall not be deemed trade fixtures. Tenant agrees that it will not proceed to make any alterations or additions, without having
obtained consent from Landlord to do so (which consent shall not be unreasonably withheld or delayed), and until five (5) days from the receipt of such consent, in order that Landlord may post appropriate notices to avoid any liability to
contractors or material suppliers for payment for Tenant’s improvements. Tenant will at all times permit such notices to be posted and to remain posted until the completion of work. Tenant shall, if required by Landlord, secure at Tenant’s
own cost and expense, a completion and lien indemnity bond, satisfactory to Landlord, for such work. Tenant further covenants and agrees that any mechanic’s liens filed against the Premises or against the Complex for work claimed to have been
done for, or materials claimed to have been furnished to Tenant, will be discharged by Tenant, by bond or otherwise, within ten (10) days after the filing thereof, at the cost and expense of Tenant. Any exceptions to the foregoing must be made
in writing and executed by both Landlord and Tenant. Notwithstanding anything to the contrary in this Section 9, Tenant shall be permitted to make non-structural interior alterations and additions reasonably valued at less than Five Thousand
($5,000.00) dollars (separate projects done the same general time frame shall be reasonably construed to be one project for purposes of this exception) without first obtaining Landlord’s written permission but with reasonably detailed notice to
Landlord describing the work, the location of the work within the Premises and plans if any are made adequate to be able to determine the extent of the alterations and additions performed by Tenant; all such alterations and additions done without
having first obtained Landlord’s written consent shall be removed and the damage caused by such alteration and removal repaired before the end of this Lease at Tenant’s sole cost and expense unless such requirement is specifically waived
by Landlord in writing prior to the expiration of the Lease. 
 10. BUILDING PLANNING In the event Landlord requires the Premises for use in
conjunction with another suite or for other reasons connected with the building planning program, Landlord, upon notifying Tenant in writing, shall have the right to move Tenant to space in the Complex of which the Premises form a part (said space
shall be substantially the same size or larger as the Premises with substantially the same quality of leasehold improvements and Tenant’s moving costs shall include reprinting of Tenant’s stationary and business cards to reflect the new
location and Tenant’s move shall be accomplished in a manner as to cause Tenant minimal disruption as reasonably possible to Tenant’s ongoing business operation), at Landlord’s sole cost and expense, and the terms and conditions of
the original lease shall remain in full force and effect, save and excepting that the Premises shall be in a new location. However, if the new space does not meet with Tenant’s approval, Tenant shall have the right to cancel said Lease upon
giving Landlord thirty (30) days written notice within ten (10) days of receipt of Landlord’s notification. 
 11. UTILITIES OF THE
BUILDING IN WHICH THE PREMISES ARE LOCATED Tenant shall contract for electric, refuse, and gas service exclusively serving the Premises and 

  

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pay for the same directly to the City of Palo Alto. Tenant shall also pay directly to providers selected by Tenant the cost of all telephone, data, alarm, or
electronic communications services. As Additional Rent and in accordance with paragraph 4D of this Lease, Tenant shall pay its proportionate share (calculated on a square footage or other more equitable basis as calculated by Landlord) of the cost
of all common utility charges such as water, gas, electricity, electronic communications service, sewer service, and any other utilities, materials or services furnished directly to the building in which the Premises are located, including, without
limitation, any temporary or permanent utility surcharge or other exactions whether or not hereinafter imposed. 
 Landlord shall not be
liable for and Tenant shall not be entitled to any abatement or reduction of rent by reason of any interruption or failure of utility services to the Premises when such interruption or failure is caused by accident, breakage, repair, strikes,
lockouts or other labor disturbances or labor disputes of any nature, or by any other cause, similar or dissimilar, beyond the reasonable control of Landlord. Notwithstanding the foregoing, in the event that Tenant’s use of the Premises is
substantially impaired for seven (7) consecutive days due to reasons within the Landlord’s reasonable control, including, without limitation, disruption in services or loss of total access to the Premises, then Tenant shall be entitled to
an equitable abatement of rent commencing on the eighth (8th) day to the extent of the interference with Tenant’s use of the Premises occasioned thereby. 
 Provided that Tenant is not in default in the performance or observance of any of the terms, covenants or conditions of this Lease to be performed or observed by it (or Tenant has cured said default within the time
periods set forth in Section 22 hereof), Landlord shall furnish to the Premises subject to the rules and regulations of the Complex hereinbefore referred to, reasonable quantities of water required in Landlord’s judgement for the
comfortable use and occupation of the Premises for such purposes. Tenant agrees that at all times it will cooperate fully with Landlord and abide by all regulations and requirements that Landlord may prescribe for the proper functioning and
protection of the building fire protection, heating, ventilating and airconditioning systems. Tenant will not, without the written consent of Landlord, use any apparatus or device in the Premises which will materially increase the amount of water
usually furnished or supplies to premises being used as general office space. If Tenant shall require water in excess of that usually furnished or supplied to premises being used as general office space, Tenant shall first obtain the written consent
of Landlord, which consent shall not be unreasonably withheld and Landlord may cause a water meter to be installed in the Premises in order to measure the amount of water consumed for any such excess use. The cost of any such meter and of the
installation, maintenance and repair thereof, all charges for such excess water consumed (as shown by such meters and at the rates then charged by the furnishing public utility); and any additional expense incurred by Landlord in keeping account of
water so consumed shall be paid by Tenant, and Tenant agrees to pay Landlord therefor promptly upon demand by Landlord. 
 12. TAXES 
 A. As Additional Rent and in accordance with paragraph 4D of this Lease, Tenant shall pay to Landlord Tenant’s proportionate share of all Real
Property Taxes, which prorata share shall be allocated to the leased Premises by square footage or other more equitable basis, as calculated by Landlord. The term “Real Property Taxes”, as used herein, shall mean (i) all taxes,
assessments, levies and other charges of any kind or nature whatsoever, general and special, foreseen and unforeseen (including all installments of principal and interest required to pay any general or special assessments for public improvements and
any increases resulting from reassessments caused by any change in ownership of the Complex) now or hereafter imposed by any governmental or quasi-governmental authority or special district having the direct or indirect power to tax or levy
assessments, which are levied or assessed against, or with respect to the value, occupancy or use of, all or any portion of the Complex (as now constructed or as may at any time hereafter be constructed, altered, or otherwise changed) or
Landlord’s interest therein; any improvements located within the Complex (regardless of ownership); the fixtures, equipment and other property of Landlord, real or personal, that are an integral part of and located in the Complex; or parking
areas, public utilities, or energy within the Complex; (ii) all charges, levies or fees imposed by reason of environmental regulation or other governmental control of the Complex; and (iii) all costs and fees (including attorney’s
fees) incurred by Landlord in contesting any Real Property Tax and in negotiating with public authorities as to any Real Property Tax. If at any time during the term of this Lease the taxation or assessment of the Complex prevailing as of the
commencement date of this Lease shall be altered so that in lieu of or in addition to any Real Property Tax described above there shall be levied, assessed or imposed (whether by reason of a change in the method of taxation or assessment, creation
of a 

  

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new tax or charge, or any other cause) an alternate or additional tax or charge (i) on the value, use or occupancy of the Complex or Landlord’s
interest therein or (ii) on or measured by the gross receipts, income or rentals from the Complex, on Landlord’s business of leasing the Complex, or computed in any manner with respect to the operation of the Complex, then any such tax or
charge, however designated, shall be included within the meaning of the term “Real Property Taxes” for purposes of this Lease. If any Real Property Tax is based upon property or rents unrelated to the Complex, then only that part of such
Real Property Tax that is fairly allocable to the Complex shall be included within the meaning of the term “Real Property Taxes”. Notwithstanding the foregoing, the term “Real Property Taxes” shall not include estate,
inheritance, gift or franchise taxes of Landlord or the federal or state net income tax imposed on Landlord’s income from all sources. 
 B. Taxes on Tenant’s Property 
 (1) Tenant shall be liable for and shall pay ten days before delinquency, taxes levied against
any personal property or trade fixtures placed by Tenant in or about the Premises. If any such taxes on Tenant’s personal property or trade fixtures are levied against Landlord or Landlord’s property or if the assessed value of the
Premises is increased by the inclusion therein of a value placed upon such personal property or trade fixtures of Tenant and if Landlord, after written notice to Tenant, pays the taxes based on such increased assessment, which Landlord shall have
the right to do regardless of the validity thereof, but only under proper protest if requested by Tenant, Tenant shall upon demand, as the case may be, repay to Landlord the taxes so levied against Landlord, or the proportion of such taxes resulting
from such increase in the assessment; provided that in any such event Tenant shall have the right, in the name of Landlord and with Landlord’s full cooperation, to bring suit in any court of competent jurisdiction to recover the amount of any
such taxes so paid under protest, and any amount so recovered shall belong to Tenant. 
 (2) If the Tenant improvements in the Premises,
whether installed, and/or paid for by Landlord or Tenant and whether or not affixed to the real property so as to become a part thereof, are assessed for Real Property Tax purposes at a valuation higher than the valuation at which standard office
improvements in other space in the Complex are assessed, then the Real Property Taxes and assessments levied against Landlord or the Complex by reason of such excess assessed valuation shall be deemed to be taxes levied against personal property of
Tenant and shall be governed by the provisions of 12A(i), above. If the records of the County Assessor are available and sufficiently detailed to serve as a basis for determining whether said Tenant improvements are assessed at a higher valuation
than standard office improvements in other space in the Complex, such records shall be binding on both the Landlord and the Tenant. If the records of the County Assessor are not available or sufficiently detailed to serve as a basis for making said
determination, the actual cost of construction shall be used. 
 13. LIABILITY INSURANCE Tenant, at Tenant’s expense, agrees to keep in force
during the term of this Lease a policy of commercial general liability with limits of $2, 000,000 per occurrence/$3, 000,000 aggregate (including excess liability policies if any) for bodily injury, property damage and personal injury occurring in,
on or about the Premises or Complex. The policy or policies affecting such insurance, certificates of which shall be furnished to Landlord, shall name Landlord as additional insured, and shall insure against the acts or omissions of Tenant, its
agents, employees or invitees or otherwise by any conduct or transactions of any of said persons in or about or concerning the Premises, including any failure of Tenant to observe or perform any of its obligations hereunder; shall be issued by an
insurance company admitted to transact business in the State of California; and shall provide that the insurance effected thereby shall not be canceled, except upon thirty (30) days’ prior written notice to Landlord. If, during the term of
this Lease, in the considered opinion of Landlord’s Lender, insurance advisor or counsel, the amount of insurance described in this paragraph 13 is not adequate, Tenant agrees to increase said coverage to such reasonable amount as
Landlord’s Lender, insurance advisor or counsel shall reasonably deem adequate. 
 14. TENANT’S PERSONAL PROPERTY INSURANCE AND WORKER’S
COMPENSATION INSURANCE Tenant shall maintain a policy or policies of fire and property damage insurance in “Special Form” form with a sprinkler leakage endorsement insuring the personal property, inventory, trade fixtures and leasehold
improvements within the leased Premises for the full replacement value thereof. The proceeds from any of such policies shall be used for the repair or replacement of such items so insured. 
 Tenant shall also maintain a policy or policies of worker’s compensation insurance and any other employee benefit insurance sufficient to comply
with all laws. 
  

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 Landlord and Tenant each carry property insurance as required by Paragraphs 15 and 14 of the Lease
respectively whereby Landlord insures the Premises and Tenant insures the contents of the Premises as more particularly described therein. Notwithstanding the language of Paragraph 14 of the Lease which states that Landlord shall have no interest in
Tenant’s insurance proceeds, if Tenant elects to purchase and keep in force a policy or policies of property insurance coverage for tenant improvements constructed and/or paid for by Tenant consisting of alterations or additions to the Premises
which would reasonably be construed to “at once become a part of the Premises and belong to Landlord” as stated in Paragraph 9 of the Lease (“Tenant Alterations”), then Tenant shall, upon issuance of said policy or policies of
property insurance, issue a certificate of insurance to Landlord showing the type and amount of coverage in place on said Tenant Alterations and naming Landlord as a “Loss Payee” to ensure Landlord access to said funds as appropriate for
rebuilding of the Premises in the event of damage to or destruction of said Tenant Alterations. As to Tenant Alterations only (but not including other parts of the Premises or Complex), Tenant’s policy or policies of insurance shall be
considered primary and shall be exhausted prior to application of coverage under Landlord’s policies of insurance. Landlord shall not have any rights against Tenant’s insurance proceeds for reimbursement to Tenant for the cost of
Tenant’s personal property, inventory, or trade fixtures. 
 15. PROPERTY INSURANCE Landlord shall purchase and keep in force and, as Additional
Rent and in accordance with Paragraph 4D of this Lease, Tenant shall pay to Landlord Tenant’s proportionate share (calculated on a square footage or other equitable basis as calculated by Landlord) of the cost of policy or policies of insurance
covering loss or damage to the Premises and Complex in the amount of the full replacement value thereof, providing protection against those perils included within the classification of “Special Form” insurance and flood and/or earthquake
insurance, if available, plus a policy of rental income insurance in the amount of one hundred (100%) percent of twelve (12) months Basic Rent, plus sums paid as Additional Rent. If such insurance cost is increased due to Tenant’s use
of the Premises or the Complex, Tenant agrees to pay to Landlord the full cost of such increase. Tenant shall have no interest in nor any right to the proceeds of any insurance procured by Landlord for the Complex. 
 Landlord and Tenant do each hereby respectively release the other, to the extent of insurance coverage of the releasing party (or to the extent there
would have been such coverage had such party carried the insurance required hereunder), from any liability for loss or damage caused by fire or any of the extended coverage casualties included in the releasing party’s insurance policies,
irrespective of the cause of such fire or casualty; provided, however, that if the insurance policy of either releasing party prohibits such waiver, then this waiver shall not take effect until consent to such waiver is obtained. If such waiver is
so prohibited, the insured party affected shall promptly notify the other party thereof. 
 16. INDEMNIFICATION Landlord shall not be liable to Tenant
and Tenant hereby waives all claims against Landlord for any injury to or death of any person or damage to or destruction of property in or about the Premises or the Complex by or from any cause whatsoever, including, without limitation, gas, fire,
oil, electricity or leakage of any character from the roof, walls, basement or other portion of the Premises or the Complex but excluding, however, the negligence of Landlord, its agents, servants, employees, invitees, or contractors. Except as to
injury to persons or damage to property the principal cause of which is the negligence of Landlord, Tenant shall hold Landlord harmless from and defend Landlord against any and all expenses, including reasonable attorney’s fees, in connection
therewith, arising out of any injury to or death of any person or damage to or destruction of property occurring in, on or about the Premises, or any part thereof, from any cause whatsoever. 
 17. COMPLIANCE Tenant, at its sole cost and expense, shall promptly comply with all laws, statutes, ordinances and governmental rules, regulations or requirements
now or hereafter in effect; with the requirements of any board of fire underwriters or other similar body now or hereafter constituted; and with any direction or occupancy certificate issued pursuant to law by any public officer; provided, however,
that no such failure shall be deemed a breach of these provisions if Tenant, immediately upon notification, commences to remedy or rectify said failure. The judgment of any court of competent jurisdiction or the admission of Tenant in any action
against Tenant, whether Landlord be a party thereto or not, that Tenant has violated any such law, statute, ordinance or governmental rule, regulation, requirement, direction or provision, shall be conclusive of that fact as between Landlord and
Tenant. Notwithstanding the foregoing or anything to the contrary contained in this Lease, Tenant shall not be responsible for compliance with any laws, codes, ordinances or other governmental directives where such compliance is not related
specifically to Tenant’s use, alteration, or occupancy of the Leased 

  

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Premises. For example, if any governmental authority should require any portion of the Complex or the Premises to be structurally strengthened against
earthquake, or should require the removal of Hazardous Materials from the Premises and such measures are imposed as a general requirement applicable to all tenants rather than as a condition to Tenant’s specific use, alteration, or occupancy of
the leased Premises, such work shall be performed by and at the sole cost of Landlord. Tenant shall, at its sole cost and expense, comply with any and all requirements pertaining to said Premises, of any insurance organization or company, necessary
for the maintenance of reasonable fire and public liability insurance covering the Premises. 
 18. LIENS Tenant shall keep the Premises and the
Complex free from any liens arising out of any work performed, materials furnished or obligation incurred by Tenant. In the event that Tenant shall not, within ten (10) days following the imposition of such lien, cause the same to be released
of record, Landlord shall have, in addition to all other remedies provided herein and by law, the right, but no obligation, to cause the same to be released by such means as it shall deem proper, including payment of the claim giving rise to such
lien. All sums paid by Landlord for such purpose, and all expenses incurred by it in connection therewith, shall be payable to Landlord by Tenant on demand with interest at the prime rate of interest as quoted by the Bank of America. 
 19. ASSIGNMENT AND SUBLETTING Tenant shall not assign, transfer or hypothecate the leasehold estate under this Lease, or any interest therein, and shall not
sublet the Premises, or any part thereof, or any right or privilege appurtenant thereto, or suffer any other person or entity to occupy or use the Premises, or any portion thereof, without, in each case, the prior written consent of Landlord which
consent will not be unreasonably withheld, conditioned, or delayed. As a reasonable condition for granting its consent to any subletting, Landlord may require that Tenant agrees to pay to Landlord, as additional rent, 50% of all rents received by
Tenant from its subtenants in excess of the rent payable by Tenant to Landlord hereunder, after Tenant first deducts its reasonable costs directly attributable to the sublease. Tenant shall, by one hundred twenty (120) days’ written
notice, advise Landlord of its intent to sublet the Premises or any portion thereof for any part of the term hereof. If Tenant gives notice to sublet all or substantially all of the Premises, then upon receipt of said notice, Landlord may, in its
sole discretion, elect to terminate this Lease as to the portion of the Premises described in Tenant’s notice on the date specified in Tenant’s notice. If Tenant intends to sublet the entire Premises and Landlord elects to terminate this
Lease, this Lease shall be terminated on the date specified in Tenant’s notice. If, however this Lease shall terminate pursuant to the foregoing with respect to less than all the Premises, the rent, as defined and reserved hereinabove shall be
adjusted on a pro-rata basis to the number of square feet retained by Tenant, and this Lease as so amended shall continue in full force and effect. In the event Tenant is allowed to assign, transfer or sublet the whole or any part of the Premises,
with the prior written consent of Landlord, no assignee, transferee or subtenant shall assign or transfer this Lease, either in whole or in part, or sublet the whole or any part of the premises, without also having obtained the prior written consent
of Landlord. A consent of Landlord to one assignment, transfer, hypothecation, subletting, occupation or use by any other person shall not release Tenant from any of Tenant’s obligations hereunder or be deemed to be a consent to any subsequent
similar or dissimilar assignment, transfer, hypothecation, subletting, occupation or use by any other person. Any such assignment, transfer, hypothecation, subletting, occupation or use without such consent shall be void and shall constitute a
breach of this Lease by Tenant and shall, at the option of Landlord exercised by written notice to Tenant, terminate this Lease. The leasehold estate under this Lease shall not, nor shall any interest therein, be assignable for any purpose by
operation of law without the written consent of Landlord. As a condition to its consent, Landlord may require Tenant to pay all reasonable expenses in connection with the assignment, and Landlord may require Tenant’s assignee or transferee (or
other assignees or transferees) to assume in writing all of the obligations under this Lease and for Tenant to remain liable to Landlord under the Lease. Notwithstanding this Paragraph 19, Landlord’s consent shall not be required for any
assignment or subletting to (i) an entity controlled by, under the control of, or under common control with Tenant (ii) an entity with which Tenant may merge or consolidate or (iii) an entity acquiring all or substantially all of
Tenant’s assets (each a “Permitted Transferee”); nevertheless, Tenant shall, upon any such assignment or subletting to a Permitted Transferee, give notice to Landlord as soon practically possible and in sufficient detail so that
Landlord has the name, entity type, relationship to Tenant, business address, and other pertinent information relating to the assignee or subtenant Notwithstanding anything herein to the contrary, a change in the control of Tenant 

  

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shall not be deemed an assignment or subletting requiring the consent of Landlord, but Tenant shall notify Landlord, as soon as practicable, of such change
in control. 
 20. SUBORDINATION AND MORTGAGES In the event Landlord’s title or leasehold interest is now or hereafter encumbered by a deed of
trust, upon the interest of Landlord in the land and buildings in which the demised Premises are located, to secure a loan from a lender (hereinafter referred to as “Lender”) to Landlord, Tenant shall, at the request of Landlord or Lender,
execute in writing an agreement subordinating its rights under this Lease to the lien of such deed of trust, or, if so requested, agreeing that the lien of Lender’s deed of trust shall be or remain subject and subordinate to the rights of
Tenant under this Lease. If Tenant does not execute said subordination agreement within five (5) business days of delivery to Tenant, then Tenant hereby irrevocably appoints Landlord the attorney in fact of Tenant to execute, deliver and record
any such instrument or instruments for and in the name and on behalf of Tenant. Notwithstanding the foregoing, Landlord agrees to provide Tenant with commercially reasonable nondisturbance agreement(s) in favor of Tenant (if Tenant is not in default
and so long as Tenant shall pay all rent and observe and perform all of the provisions set forth in this Lease) from any and all ground or underlying leases and any liens of mortgages or deeds of trust of Landlord now existing or who later come(s)
into existence at any time prior to the expiration of the term of the Lease, as it may be extended, in consideration of, and as a condition precedent to, Tenant’s agreement to be bound by this Section 20. Said nondisturbance agreements
shall be in recordable form and may be recorded at Tenant’s election and expense. Tenant agrees to send to any mortgagees and/or deed of trust holders, by registered mail, a copy of any notice of default served by Tenant upon the Landlord,
provided that prior to such notice, Tenant has been notified, in writing (by way of notice of assignment of rents or otherwise) of the addresses of such mortgages and/or deed of trust holders. Tenant further agrees that if Landlord shall have failed
to cure such default within the time provided for in this Lease, any such mortgagees and/or deed of trust holders shall have an additional thirty (30) days within which to cure such default, or if such default is not reasonably susceptible of
cure within that time, then such additional time as may be reasonably necessary if within such (30) days, any mortgagee and/or deed of trust holder has commenced and is diligently pursuing the remedies necessary to cure such default, (including
but not limited to commencement of foreclosure proceedings), in which event this Lease shall not be terminated when such remedies are being diligently pursued. 
 21. ENTRY BY LANDLORD Landlord reserves, and shall at all reasonable times upon reasonable notice to Tenant (which may be written, oral, or electronic), but subject at all times to Tenant’s reasonable security requirements
(except that no notice or compliance with security measures shall be required in case of emergency), have the right to enter the Premises to inspect them; to perform any services to be provided by Landlord hereunder; to submit the Premises to
prospective purchasers, mortgagers or tenants; to post notices of nonresponsibility; and to alter, improve or repair the Premises and any portion of the Complex, all without abatement of rent; and may erect scaffolding and other necessary structures
in or through the Premises where reasonably required by the character of the work to be performed; provided, however, that the business of Tenant shall be interfered with to the least extent that is reasonably practical. For each of the foregoing
purposes, Landlord shall at all times have and retain a key with which to unlock all of the doors, which shall only be used in case of an emergency in order to obtain entry to the Premises, and any entry to the Premises obtained by Landlord by any
of said means, or otherwise, shall not under any circumstances be construed or deemed to be a forcible or unlawful entry into or a detainer of the Premises or an eviction, actual or constructive, of Tenant from the Premises or any portion thereof.
Landlord shall also have the right at any time to change the arrangement or location of entrances or passageways, doors and doorways, and corridors, elevators, stairs, toilets or other public parts of the Complex and to change the name, number or
designation by which the Complex is commonly known, and none of the foregoing shall be deemed an actual or constructive eviction of Tenant, or shall entitle Tenant to any reduction of rent hereunder. Notwithstanding the foregoing, if Landlord, at
Landlord’s discretion and not by order of a government authority having jurisdiction, shall change the name, number, or designation by which the Premises is commonly known, then Landlord shall reimburse Tenant its reasonable costs of replacing
its stationary, business cards and marketing materials to reflect such change(s). 
 22. BANKRUPTCY AND DEFAULT The commencement of a bankruptcy
action or liquidation action or reorganization action or insolvency action or an assignment of or by Tenant for the benefit of creditors, or any similar action undertaken by Tenant, or the insolvency of Tenant, shall, at Landlord’s option,
constitute a breach of this Lease by Tenant. If the trustee or 

  

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receiver appointed to serve during a bankruptcy, liquidation, reorganization, insolvency or similar action elects to reject Tenant’s unexpired Lease,
the trustee or receiver shall notify Landlord in writing of its election within thirty (30) days after an order for relief in a liquidation action or within thirty (30) days after the commencement of any action. 
 Within thirty (30) days after court approval of the assumption of this Lease, the trustee or receiver shall cure (or provide adequate assurance to
the reasonable satisfaction of Landlord that the trustee or receiver shall cure) any and all previous defaults under the unexpired Lease and shall compensate Landlord for all actual pecuniary loss and shall provide adequate assurance of future
performance under said Lease to the reasonable satisfaction of Landlord. Adequate assurance of future performance, as used herein, includes, but shall not be limited to: (i) assurance of source and payment of rent, and other consideration due
under this Lease; (ii) assurance that the assumption or assignment of this Lease will not breach substantially any provision, such as radius, location, use, or exclusivity provision, in any agreement relating to the above described Premises.

 Nothing contained in this section shall affect the existing right of Landlord to refuse to accept an assignment upon commencement of or in
connection with a bankruptcy, liquidation, reorganization or insolvency action or an assignment of Tenant for the benefit of creditors or other similar act. Nothing contained in this Lease shall be construed as giving or granting or creating an
equity in the demised Premises to Tenant. In no event shall the leasehold estate under this Lease, or any interest therein, be assigned by voluntary or involuntary bankruptcy proceeding without the prior written consent of Landlord. In no event
shall this Lease or any rights or privileges hereunder be an asset of Tenant under any bankruptcy, insolvency or reorganization proceedings. 
 The failure to perform or honor any covenant, condition or representation made under this Lease shall constitute a default hereunder by Tenant upon expiration of the appropriate grace period hereinafter provided. Tenant shall have a period
of five (5) days from the date of written notice from Landlord within which to cure any default in the payment of rental or adjustments thereto. Tenant shall have a period of ten (10) days from the date of written notice from Landlord
within which to cure any other default under this Lease; provided, however, that if the nature of Tenant’s obligations is such than more than ten (10) days are required for performance, then Tenant shall not be in default if Tenant
commences performance within such ten (10) day period and thereafter diligently prosecutes the same to completion. Upon an uncured default of this Lease by Tenant, Landlord shall have the following rights and remedies in addition to any other
rights or remedies available to Landlord at law or in equity: 
 (a) The rights and remedies provided for by California Civil Code
Section 1951.2, including but not limited to, recovery of the worth at the time of award of the amount by which the unpaid rent for the balance of the term after the time of award exceeds the amount of rental loss for the same period that
Tenant proves could be reasonably avoided, as computed pursuant to subsection (b) of said Section 1951.2. Any proof by Tenant under subparagraphs (2) and (3) of Section 1951.2 of the California Civil Code of the amount of
rental loss that could be reasonably avoided shall be made in the following manner: Landlord and Tenant shall each select a licensed real estate broker in the business of renting property of the same type and use as the Premises and in the same
geographic vicinity. Such two real estate brokers shall select a third licensed real estate broker, and the three licensed real estate brokers so selected shall determine the amount of the rental loss that could be reasonably avoided from the
balance of the term of this Lease after the time of award. The decision of the majority of said licensed real estate brokers shall be final and binding upon the parties hereto. 
 (b) The rights and remedies provided by California Civil Code which allows Landlord to continue the Lease in effect and to enforce all of its rights and
remedies under this Lease, including the right to recover rent as it becomes due, for so long as Landlord does not terminate Tenant’s right to possession; acts of maintenance or preservation, efforts to relet the Premises, or the appointment of
a receiver upon Landlord’s initiative to protect its interest under this Lease shall not constitute a termination of Tenants right to possession. 
 (c) The right to terminate this Lease by giving notice to Tenant in accordance with applicable law. 
 (d)
The right and power, as attorney-in-fact for Tenant, to enter the Premises and remove therefrom all persons and property, to store such property in a public warehouse or elsewhere at the cost of and for the account of Tenant and to sell such
property and apply such proceeds therefrom pursuant to applicable California law. Landlord, as attorney-in-fact for Tenant, may from time to time sublet the Premises or any part thereof for such term or terms (which may extend beyond the term of
this Lease) and at such rent and such other terms as Landlord in its sole discretion may deem advisable, with the right to make alterations and repairs 

  

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to the Premises. Upon each subletting, (i) Tenant shall be immediately liable to pay Landlord, in addition to indebtedness other than rent due
hereunder, the cost of such subletting, including, but not limited to, reasonable attorney’s fees, and any real estate commissions actually paid, and the cost of such alterations and repairs incurred by Landlord and the amount, if any, by which
the rent hereunder for the period of such subletting (to the extent such period does not exceed the term hereof) exceeds the amount to be paid as rent for the Premises for such period or (ii) at the option of Landlord, rents received from such
subletting shall be applied first to payment of indebtedness other than rent due hereunder from Tenant to Landlord; second, to the payment of any costs of such subletting and of such alterations and repairs; third to payment of rent due and unpaid
hereunder; and the residue, if any, shall be held by Landlord and applied in payment of future rent as the same becomes due hereunder. If Tenant has been credited with any rent to be received by such subletting under option (i) and such rent
shall not be promptly paid to Landlord by the subtenant(s), or if such rentals received from such subletting under option (ii) during any month be less than that to be paid during that month by Tenant hereunder, Tenant shall pay any such
deficiency to Landlord. Such deficiency shall be calculated and paid monthly. For all purposes set forth in this subparagraph (d), Landlord is hereby irrevocably appointed attorney-in-fact for Tenant, with power of substitution. No taking possession
of the Premises by Landlord, as attorney-in-fact for Tenant, shall be construed as an election on its part to terminate this Lease unless a written notice of such intention be given to Tenant. Notwithstanding any such subletting without termination,
Landlord may at any time hereafter elect to terminate this Lease for such previous breach. 
 (e) The right to have a receiver appointed for
Tenant upon application by Landlord, to take possession of the Premises and to apply any rental collected from the Premises and to exercise all other rights and remedies granted to Landlord as attorney-in-fact for Tenant pursuant to subparagraph
(d) above. 
 23. ABANDONMENT Tenant shall not abandon the Premises at any time during the term of this Lease; and if Tenant shall abandon or
surrender said Premises, or be dispossessed by the process of law, or otherwise, any personal property belonging to Tenant and left on the Premises shall be deemed to be abandoned, at the option of Landlord, except such property as may be mortgaged
to Landlord. 
 24. DESTRUCTION In the event the Premises are destroyed in whole or in part from any cause, Landlord may, at its option: 

A. Rebuild or restore the Premises to their condition prior to the damage or destruction, or 
 B. Terminate this Lease. 
 If Landlord does
not give Tenant notice in writing within thirty (30) days from the destruction of the Premises of its election to either rebuild and restore them, or to terminate this Lease, Landlord shall be deemed to have elected to rebuild or restore them,
in which event Landlord agrees, at its expense, promptly to rebuild or restore the Premises to their condition prior to the damage or destruction. Tenant shall be entitled to a reduction in rent while such repair is being made in the proportion that
the area of the Premises rendered untenantable by such damage bears to the total area of the Premises. If Landlord does not complete the rebuilding or restoration within one hundred eighty (180) days following the date of destruction (such
period of time to be extended for delays caused by the fault or neglect of Tenant or because of Acts of God, acts of public agencies, labor disputes, strikes, fires, freight embargoes, rainy or stormy weather, inability to obtain materials, supplies
or fuels, acts of contractors or subcontractors, or delay of the contractors or subcontractors dues to such causes or other contingencies beyond the control of Landlord), then Tenant shall have the right to terminate this Lease by giving fifteen
(15) days prior written notice to Landlord. Notwithstanding anything herein to the contrary, Landlord’s obligation to rebuild or restore shall be limited to the building and interior improvements constructed by Landlord as they existed as
of the commencement date of the Lease and shall not include restoration of Tenant’s trade fixtures, equipment, merchandise or any improvements, alterations or additions made by Tenant to the Premises, which Tenant shall forthwith replace or
fully repair at Tenant’s sole cost and expense provided this Lease is not canceled according to the provisions above. 
 Notwithstanding
anything to the contrary contained in this Section 24, or elsewhere in the Lease, if the Premises or the Building are wholly or partially damaged or destroyed within the final twelve (12) months of the Term of this Lease, or, if an
applicable renewal option has been exercised, during the last year of any renewal term, so that Tenant shall be prevented from using the Premises for sixty (60) consecutive days due to such damage or destruction, then either 

  

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Landlord or Tenant may, at its option, by notice to the other party within sixty (60) days after the occurrence of such damage or destruction, elect to
terminate the Lease. 
 Unless this Lease is terminated pursuant to the foregoing provisions, this Lease shall remain in full force and
effect. Tenant hereby expressly waives the provisions of Section 1932, Subdivision 2, and Section 1933, Subdivision 4 of the California Civil Code. 
 In the event that the building in which the Premises are situated is damaged or destroyed to the extent of not less than 33 1/3% of the replacement cost thereof, Landlord may elect to terminate this Lease, whether the
Premises be injured or not. In the event the destruction of the Premises is caused by Tenant, Tenant shall pay the deductible portion of Landlord’s insurance proceeds. 
 25. EMINENT DOMAIN If all or any part of the Premises shall be taken by any public or quasi-public authority under the power of eminent domain or conveyance in lieu thereof, this Lease shall terminate as to any
portion of the Premises so taken or conveyed on the date when title vests in the condemnor, and Landlord shall be entitled to any and all payment, income, rent, award or any interest therein whatsoever which may be paid or made in connection with
such taking or conveyance, and Tenant shall have no claim against Landlord or otherwise for the value of any unexpired term of this Lease. Notwithstanding the foregoing paragraph, any compensation specifically awarded Tenant for loss of business,
Tenant’s personal property, moving cost or loss of goodwill, shall be and remain the property of Tenant. 
 If (i) any action or
proceeding is commenced for such taking of the Premises or any part thereof, or if Landlord is advised in writing by any entity or body having the right or power of condemnation of its intention to condemn the Premises or any portion thereof, or
(ii) any of the foregoing events occur with respect to the taking of any space in the Complex not leased hereby, or if any such space is so taken or conveyed in lieu of such taking and Landlord shall decide to discontinue the use and operation
of the Complex, or decide to demolish, alter or rebuild the Complex, then in any of such events Landlord shall have the right to terminate this Lease by giving Tenant written notice thereof within sixty (60) days of the date of receipt of said
written advice, or commencement of said action or proceeding, or taking or conveyance, which termination shall take place as of the first to occur of the last day of the calendar month next following the month in which such notice is given or the
date on which title to the Premises shall vest in the condemnor. 
 In the event of such a partial taking or conveyance of the Premises, if
the portion of the Premises taken or conveyed is so substantial that the Tenant can no longer reasonably conduct its business, Tenant shall have the privilege of terminating this Lease within sixty (60) days from the date of such taking or
conveyance, upon written notice to Landlord of its intention so to do, and upon giving of such notice this Lease shall terminate on the last day of the calendar month next following the month in which such notice is given, upon payment by Tenant of
the rent from the date of such taking or conveyance to the date of termination. 
 If a portion of the Premises be taken by condemnation or
conveyance in lieu thereof and neither Landlord nor Tenant shall terminate this Lease as provided herein, this Lease shall continue in full force and effect as to the part of the Premises not so taken or conveyed, and the rent herein shall be
apportioned as of the date of such taking or conveyance so that thereafter the rent to be paid by Tenant shall be in the ratio that the area of the portion of the Premises not so taken or conveyed bears to the total area of the Premises prior to
such taking. 
 26. SALE OR CONVEYANCE BY LANDLORD In the event of a sale or conveyance of the Complex or any interest therein, by any owner of the
reversion then constituting Landlord, the transferor shall thereby be released from any further liability upon any of the terms, covenants or conditions (express or implied) herein contained in favor of Tenant, and in such event, insofar as such
transfer is concerned, Tenant agrees to look solely to the responsibility of the successor in interest of such transferor in and to the Complex and this Lease, so long as such successor in interest agrees to assume all of the transferor’s
obligations under the Lease. This Lease shall not be affected by any such sale or conveyance, and Tenant agrees to attorn to the successor in interest of such transferor. 
 27. ATTORNMENT TO LENDER OR THIRD PARTY In the event the interest of Landlord in the land and buildings in which the leased Premises are located (whether such interest of Landlord is a fee title interest or a
leasehold interest) is encumbered by deed of trust, and such interest is acquired by the lender or any third party through judicial foreclosure or by exercise of a power of sale at private trustee’s foreclosure sale, Tenant hereby agrees to
attorn to the purchaser at any such foreclosure sale and to recognize such purchaser as the Landlord under this Lease. In the event the lien of the deed of trust securing the loan from a Lender to Landlord 

  

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is prior and paramount to the lease, this Lease shall nonetheless continue in full force and effect for the remainder of the unexpired term hereof, at the
same rental herein reserved and upon all the other terms, conditions and covenants herein contained. 
 28. HOLDING OVER Any holding over by Tenant
after expiration or other termination of the term of this Lease with the written consent of Landlord delivered to Tenant shall not constitute a renewal or extension of the Lease or give Tenant any rights in or to the leased Premises except as
expressly provided in this Lease. Any holding over after the expiration or other termination of the term of this lease, with the consent of Landlord, shall be construed to be a tenancy from month to month, on the same terms and conditions herein
specified insofar as applicable except that the monthly Basic Rent shall be increased to an amount equal to one hundred seventy-five (175%) percent of the monthly Basic Rent required during the last month of the Lease term. 
 29. CERTIFICATE OF ESTOPPEL Tenant shall at any time upon not less than ten (10) days’ prior written notice from Landlord execute, acknowledge and
deliver to Landlord a statement in writing (i) certifying that this Lease is unmodified and in full force and effect (or, if modified, stating the nature of such modification and certifying that this Lease, as so modified, is in full force and
effect) and the date to which the rent and other charges are paid in advance, if any, and (ii) acknowledging that there are not, to Tenant’s knowledge, any uncured defaults on the part of Landlord hereunder, or specifying such defaults, if
any, are claimed. Any such statement may be conclusively relied upon by any prospective purchaser or encumbrancer of the Premises. Tenant’s failure to deliver such statement within such time shall be conclusive upon Tenant that this Lease is in
full force and effect, without modifications except as may be represented by Landlord; that there are no uncured defaults in Landlord’s performance, and that not more than one month’s rent has been paid in advance. 
 30. CONSTRUCTION CHANGES It is understood that the description of the Premises and the location of the ductwork, plumbing and other facilities therein are subject
to such minor changes as Landlord or Landlord’s architect determines to be desirable in the course of construction of the Premises, and no such changes, or any changes in plans for any other portions of the Complex shall affect this Lease or
entitle Tenant to any reduction of rent hereunder (unless such changes shall reduce the rentable area of the Premises) or result in any liability of Landlord to Tenant. Landlord does not guarantee the accuracy of any drawings supplied to Tenant and
verification of the accuracy of such drawings rests with Tenant. 
 31. RIGHT OF LANDLORD TO PERFORM All terms, covenants and conditions of this Lease
to be performed or observed by Tenant shall be performed or observed by Tenant at Tenant’s sole cost and expense and without any reduction of rent. If Tenant shall fail to pay any sum of money, or other rent, required to be paid by it hereunder
or shall fail to perform any other term or covenant hereunder on its part to be performed, and such failure shall continue for five (5) days after written notice thereof by Landlord, Landlord, without waiving or releasing Tenant from any
obligation of Tenant hereunder, may, but shall not be obligated to, make any such payment or perform any such other term or covenant on Tenant’s part to be performed. All sums so paid by Landlord and all necessary costs of such performance by
Landlord together with interest thereon at the rate of the prime rate of interest per annum as then quoted by the Bank of America from the date of such payment of performance by Landlord, shall be paid (and Tenant covenants to make such payment) to
Landlord on demand by Landlord, and Landlord shall have (in addition to any other right or remedy of Landlord) the same rights and remedies in the event of non- payment by Tenant as in the case of failure by Tenant in the payment of rent hereunder.

 32. ATTORNEYS FEES 
 A. In the event
that either party shall bring suit for the recovery of any sum due under this Lease, or because of the breach of any provision of this Lease, or for any other relief against the other party hereunder, then all costs and expenses, including
reasonable attorney’s fees, incurred by the prevailing party therein shall be paid by the other party, which obligation on the part of the other party shall be deemed to have accrued on the date of the commencement of such action and shall be
enforceable whether or not the action is prosecuted to judgment. 
 B. Except as relates to injury to persons or damage to property the
principal cause of which is the negligence of Landlord, should Landlord be named as a defendant in any suit brought against Tenant in connection with or arising out of Tenant’s occupancy hereunder, Tenant shall pay to Landlord its costs and
expenses incurred in such suit, including a reasonable attorney’s fee. 
  

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 33. WAIVER The waiver by either party of the other party’s failure to perform or observe any term, covenant
or condition herein contained to be performed or observed by such waiving party shall not be deemed to be a waiver of such term, covenant or condition or of any subsequent failure of the party failing to perform or observe the same or any other such
term, covenant or condition therein contained, and no custom or practice which may develop between the parties hereto during the term hereof shall be deemed a waiver of, or in any way affect, the right of either party to insist upon performance and
observance by the other party in strict accordance with the terms hereof. 
 34. NOTICES All notices, demands, requests, advices or designations which
may be or are required to be given by either party to the other hereunder shall be in writing. All notices, demands, requests, advices or designations by Landlord to Tenant shall be sufficiently given, made or delivered if personally served on
Tenant by leaving the same with an officer of Tenant or delivered by a nationally recognized overnight courier service delivering at the Premises or if sent by United States certified or registered mail, postage prepaid, addressed to Tenant at the
Premises. All notices, demands, requests, advices or designations by Tenant to Landlord shall be delivered to a partner of Landlord or to the head of Landlord’s property management company, sent by a nationally recognized overnight courier
service delivering at the Premises, or sent by United States certified or registered mail, postage prepaid, addressed to Landlord at its offices c/o Robert Wheatley Properties at 3225 Ash Street, Palo Alto, CA 94306. Each notice, request, demand
advice or designation referred to in this paragraph shall be deemed received on the date of the personal service, on the date the overnight courier delivery is made, or three (3) days after the mailing thereof in the manner herein provided, as
the case may be. 
 35. EXAMINATION OF LEASE Submission of this instrument for examination or signature by Tenant does not constitute a reservation of
or option for a lease, and this instrument is not effective as a lease or otherwise until its execution and delivery by both Landlord and Tenant. Landlord and Tenant mutually intend that neither shall have any binding contractual obligations to the
other with respect to the matters referred to herein unless and until this instrument has been fully executed by both parties. 
 36. DEFAULT BY
LANDLORD Landlord shall not be in default unless Landlord fails to perform obligations required of Landlord within a reasonable time, but in no event earlier than thirty (30) days after written notice by Tenant to Landlord and to the holder
of any first mortgage or deed of trust covering the Premises whose name and address shall have heretofore been furnished to Tenant in writing, specifying wherein Landlord has failed to perform such obligations; provided, however, that if the nature
of Landlord’s obligations is such than more than thirty (30) days are required for performance, then Landlord shall not be in default if Landlord commences performance within such thirty (30) day period and thereafter diligently
prosecutes the same to completion. Upon any such default by Landlord under this Lease, Tenant may, except as otherwise specifically provided in this Lease to the contrary, exercise any of its rights provided at law or in equity. Any final award from
a court or arbitrator in favor of Tenant requiring payment by Landlord which is not paid by Landlord within the time period directed by such award, may be offset by Tenant from Rent next due and payable under this Lease. 
 37. CORPORATE AUTHORITY If either party hereto is a corporation, partnership, trust, association or other entity, such party hereby covenants and warrants that
(a) it is duly incorporated or otherwise established or formed and validly existing under the laws of its state of incorporation, establishment or formation, (b) it has and is duly qualified to do business in the state in which the Complex
is located, (c) it has full corporate, partnership, trust, association or other appropriate power and authority to enter into this Lease and to perform all its obligations hereunder, and (d) each person (and all of the persons if more than
one signs) signing this Lease on behalf of such party is duly and validly authorized to do so and that this Lease is binding upon said corporation (or partnership) in accordance with its terms. If Tenant is a corporation, Tenant shall, within thirty
(30) days after execution of this Lease, deliver to Landlord a certified copy of the resolution of the Board of Directors of said corporation authorizing or ratifying the execution of this Lease. 
 38. BASIC RENT ADJUSTMENT (intentionally omitted) 
  

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 39. LIMITATION OF LIABILITY In consideration of the benefits accruing hereunder, Tenant and all successors and
assigns covenant and agree that, in the event of any actual or alleged failure, breach or default hereunder by Landlord: 
  

	 	(i)	the sole and exclusive remedy shall be against Landlord’s interest in the Complex; 

  

	 	(ii)	no partner of Landlord shall be sued or named as a party in any suit or action (except as may be necessary to secure jurisdiction of the partnership) 

  

	 	(iii)	no service of process shall be made against any partner of Landlord (except as may be necessary to secure jurisdiction of the partnership) 

  

	 	(iv)	no partner of Landlord shall be required to answer or otherwise plead to any service of process; 

  

	 	(v)	no judgment shall be taken against any partner of Landlord; 

  

	 	(vi)	any judgment taken against any partner of Landlord may be vacated and set aside at any time without hearing; 

  

	 	(vii)	no writ of execution will ever be levied against the assets of any partner of Landlord; 

  

	 	(viii)	these covenants and agreements are enforceable both by Landlord and also by any partner of Landlord. 

  

	 	(ix)	The term, “Landlord”, as used in this section, shall mean only the owner or owners from time to time of the fee title or the tenant’s interest under a ground lease of
the land described in Exhibit “B”, and in the event of any transfer of such title or interest, Landlord herein named (and in case of any subsequent transfers the then grantor) shall be relieved from and after the date of such transfer of
all liability as respects Landlord’s obligations thereafter to be performed, provided that any funds in the hands of Landlord or the then grantor at the time of such transfer, in which Tenant has an interest, shall be delivered to the grantee.
Similarly, the obligations contained in this Lease to be performed by Landlord shall be binding on Landlord’s successors and assigns only during their respective periods of ownership. Tenant agrees that each of the foregoing covenants and
agreements shall be applicable to any covenant or agreement either expressly contained in this Lease or imposed by statute or at common law. 

 40. BROKERS Tenant and Landlord each warrant that it had dealing with only of the following real estate brokers or agents in connection with the negotiation of this Lease: Cornish & Carey Commercial Real Estate
representing Landlord and Trammell Crow Company representing Tenant and that it knows of no other real estate broker or agent who is entitled to a commission in connection with this Lease. Tenant and Landlord shall each indemnify the other
against all costs, expenses, attorneys’ fees, liens and other liability for commissions or other compensation claimed by any other broker or agent claiming the same by, through, or under the indemnifying party. 
 41. SIGNS No sign, placard, picture, advertisement, name or notice shall be inscribed, displayed, printed or affixed on or to any part of the outside of the
Premises or any exterior windows of the Premises without the written consent of Landlord first had and obtained (which consent shall not be unreasonably withheld, conditioned or delayed) and Landlord shall have the right to remove any such sign,
placard, picture, advertisement, name or notice to which Landlord has not consented without notice to and at the expense of Tenant. If Tenant is allowed to print or affix or in any way place a sign in, on, or about the Premises, then upon expiration
or other sooner termination of this Lease, Tenant at Tenant’s sole cost and expense shall both remove such sign and repair all damage in such manner as to restore all aspects of the appearance of the Premises to the condition prior to the
placement of said sign. 
 All approved signs or lettering on outside doors shall be printed, painted, affixed or inscribed at the expense of
Tenant by a person approved of by Landlord. Tenant shall not place anything or allow anything to be placed near the glass of any window, door, partition, or wall which may appear unsightly from outside the Premises. 
 42. FINANCIAL STATEMENTS In the event Tenant tenders to Landlord any information on the financial stability, credit worthiness or ability of the Tenant to pay the
rent due and owing under the Lease, then Landlord shall be entitled to rely upon the information provided in determining whether or not to enter into this Lease Agreement with Tenant and Tenant hereby represents and warrants to Landlord the
following: (i) That all documents provided by Tenant to Landlord are true and correct copies of the original; and (ii) Tenant has not withheld any information from Landlord which is material to Tenant’s credit worthiness, financial
condition or ability to pay the rent; and (iii) all information supplied by Tenant to Landlord is, at the time 

  

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given, true, correct and accurate; and (iv) no part of the information supplied by Tenant to Landlord contains misleading or fraudulent statements.

 A default under this paragraph shall be a non-curable default on behalf of Tenant and Landlord shall be entitled to pursue any right or
remedy available to Landlord under the terms of this Lease or available to Landlord under the laws of the State of California. 
 43. HAZARDOUS
MATERIALS 
 A. As used herein, the term “Hazardous Material” shall mean any substance or material which has been determined by
any state, federal or local governmental authority to be capable of posing a risk of injury to health, safety or property including all of those materials and substances designated or defined as “hazardous” or “toxic” by
(i) the Environmental Protection Agency, the California Water Quality Control Board, the Department of Labor, the California Department of Industrial Relations, the Department of Transportation, the Department of Agriculture, the Consumer
Product Safety Commission, the Department of Health and Human Services, the Food and Drug Agency or any other governmental agency now or hereafter authorized to regulate materials and substances in the environment, or by (ii) the Comprehensive
Environmental Response, Compensation and Liability Act of 1980, 42 U.S.C. 9601 et seq., as amended; the Hazardous Materials Transportation Act, 49 U.S.C. 1801, et seq., as amended; the Resource Conservation and Recovery Act, 42 U.S.C. 6901, et seq.,
as amended; the Hazardous Waste Control Law, California Health & Safety Code 25100 et seq., as amended; Sections 66680 through 66685 of Title 22 of the California Administration Code, Division 4, Chapter 30, as amended; and in the
regulations adopted and publications promulgated pursuant to said laws. 
 B. Tenant shall not cause or permit any Hazardous Material to be
used, stored, discharged, released or disposed of in, from, under or about the Premises or the Complex, or any other land or improvements in the vicinity of the Premises or the Complex in violation of applicable laws. Notwithstanding the foregoing,
Tenant may use and store reasonable amounts of customary cleaning supplies and other substances required in the conduct of Tenant’s business, provided the same are used and stored in compliance with any and all federal, state, and local laws,
ordinances and regulations governing the same. If the presence of Hazardous Materials on the Premises or the Complex caused or permitted by Tenant results in contamination of the Premises or the Complex or any soil in or about the Premises or the
Complex, Tenant, at its expense shall promptly take all actions necessary to return the Premises or the Complex to the condition existing prior to the appearance of such Hazardous Material caused or permitted by Tenant, Tenant’s contractors,
agents, or invitees. The termination of this Lease shall not terminate or reduce the liability or obligations of Tenant under this Section, or as may be required by law, to clean up, monitor or remove any Hazardous Materials from the Premises or the
Complex. 
 Tenant shall defend, hold harmless and indemnify Landlord and its agents and employees with respect to all claims, damages and
liabilities arising out of or in connection with any Hazardous Material used, stored, discharged, released or disposed of in, from, under or about the Premises or the Complex, where said Hazardous Material is or was attributable to the activities of
Tenant, its agents or contractors during the Lease term and whether or not Tenant had knowledge of such Hazardous Material, including, without limitation, any cost of monitoring or removal, any reduction in the fair market value or fair rental value
of the Premises or the Complex and any loss, claim or demand by any third person or entity relating to bodily injury or damage to real or personal property. 
 Tenant shall not suffer any lien to be recorded against the Premises or the Complex as a consequence of a Hazardous Material, including any so called state, federal or local “super fund” lien related to the
“clean up” of a Hazardous Material in or about the Premises, where said Hazardous Material is or was attributable to the activities of Tenant. 
 C. In the event Hazardous Materials are discovered in or about the Premises or the Complex, and Landlord has substantial reason to believe that Tenant was responsible for the presence of the Hazardous Material, then
Landlord shall have the right to appoint a consultant, at Tenant’s expense, to conduct an investigation to determine whether Hazardous Materials are located in or about the Premises or the Complex and to determine the corrective measures, if
any, required to remove such Hazardous Materials. Tenant, at its expense, shall comply with all recommendations of the consultant, as required by law. To the extent it is determined that Tenant was not responsible for the presence of the Hazardous
Materials, then Landlord shall reimburse Tenant for any costs incurred by Landlord and paid by Tenant under the terms of this paragraph 45.C. 
  

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 Tenant shall immediately notify Landlord of any inquiry, test, investigation or enforcement proceeding by
or against Tenant or the Premises or the Complex concerning a Hazardous Material of which Tenant has knowledge. Tenant acknowledges that Landlord, as the owner of the Property, at its election, shall have the sole right, at Tenant’s expense, to
negotiate, defend, approve and appeal any action taken or order issued with regard to a Hazardous Material by an applicable governmental authority. Provided Tenant is not in default under the terms of this Lease, Tenant shall likewise have the right
to participate in any negotiations, approvals or appeals of any actions taken or orders issued with regard to the Hazardous Material and Landlord shall not have the right to bind Tenant in said actions or orders. 
 D. It shall not be unreasonable for Landlord to withhold its consent to any proposed assignment or subletting if (i) the proposed assignee’s or
subtenant’s anticipated use of the Premises involves the storage, use or disposal of Hazardous Material; (ii) if the proposed assignee or subtenant has been required by any prior landlord, lender or governmental authority to “clean
up” Hazardous Material; (iii) if the proposed assignee or subtenant is subject to investigation or enforcement order or proceeding by any governmental authority in connection with the use, disposal or storage of a Hazardous Material.

 E. Tenant shall surrender the Premises to Landlord, upon the expiration or earlier termination of the Lease, free of Hazardous Materials
which are or were attributable to Tenant. If Tenant fails to so surrender the Premises, Tenant shall indemnify and hold Landlord harmless from all damages resulting from Tenant’s failure to surrender the Premises as required by this paragraph,
including, without limitation, any claims or damages in connection with the condition of the Premises including, without limitation, damages occasioned by the inability to relet the Premises or a reduction in the fair market and/or rental value of
the Premises or the Complex by reason of the existence of any Hazardous Materials, which are or were attributable to the activities of Tenant, in or around the Premises or the Complex. Notwithstanding any provision to the contrary in this Lease, if
any action is required to be taken by a governmental authority to clean-up, monitor or remove any Hazardous Materials, which are or were attributable to the activities of Tenant, from the Premises or the Complex and such action is not completed
prior to the expiration or earlier termination of the Lease, then at Landlord’s election (i) this Lease shall be deemed renewed for a term commencing on the expiration date of this Lease and ending on the date the clean-up, monitoring or
removal procedure is completed (provided, however, that the total term of this Lease shall not be longer than 34 years and 11 months); or (ii) Tenant shall be deemed to have impermissibly held over and Landlord shall be entitled to all damages
directly or indirectly incurred in connection with such holding over, including without limitation damages occasioned by the inability to relet the Premises or a reduction in the fair market and/or fair rental value of the Premises or the Complex by
reason of the existence of the Hazardous Material. 
 F. Upon the Lease Commencement Date, Tenant shall provide to Landlord a complete list
of all chemicals, toxic waste or other materials constituting Hazardous Materials other than standard office and janitorial supplies employed by Tenant within the Premises. Throughout the terms of the Lease, Tenant shall continue to update this list
of chemicals, contaminants and Hazardous Materials. 
 Notwithstanding anything to the contrary in this Lease, in no case shall Tenant be responsible for
Hazardous Materials or contamination there from in, on, or under the Premises or the Complex which precedes the Commencement Date unless it can be shown that Tenant is directly responsible for said contamination. 
 44. MISCELLANEOUS AND GENERAL PROVISIONS 
 A. Tenant
shall not, without the written consent of Landlord, use the name of the building for any purpose other than as the address of the business conducted by Tenant in the Premises. 
 B. This Lease shall in all respects be governed by and construed in accordance with the laws of the State of California. If any provision of this Lease
shall be invalid, unenforceable or ineffective for any reason whatsoever, all other provisions hereof shall be and remain in full force and effect. 
  

 21 

 C. The term “Premises” includes the space leased hereby and any improvements now or hereafter
installed therein or attached thereto. The term “Landlord” or any pronoun used in place thereof includes the plural as well as the singular and the successors and assigns of Landlord. The term “Tenant” or any pronoun used in
place thereof includes the plural as well as the singular and individuals, firms, associations, partnerships and corporations, and each of their respective heirs, executors, administrators, successors and permitted assigns, according to the context
hereof, and the provisions of this Lease shall inure to the benefit of and bind such heirs, executors, administrators, successors and permitted assigns. 
 The term “person” includes the plural as well as the singular and individuals, firms, associations, partnerships and corporations. Words used in any gender include other genders. If there be more than one
Tenant the obligations of Tenant hereunder are joint and several. The paragraph headings of this Lease are for convenience of reference only and shall have no effect upon the construction or interpretation of any provision hereof. 
 D. Time is of the essence of this Lease and of each and all of its provisions. 
 E. If this Lease is recorded, at the expiration or earlier termination of this Lease, Tenant shall execute, acknowledge and deliver to Landlord, within
ten (10) days after written demand from Landlord to Tenant, any quitclaim deed or other document required by any reputable title company, licensed to operate in the State of California, to remove the cloud or encumbrance created by this Lease
from the real property of which Tenant’s Premises are a part. 
 F. This instrument along with any exhibits and attachments hereto
constitute the entire agreement between Landlord and Tenant relative to the Premises and this agreement and the exhibits and attachments may be altered, amended or revoked only by an instrument in writing signed by both Landlord and Tenant. Landlord
and Tenant hereby agree that all prior or contemporaneous oral agreements between and among themselves and the agents or representatives relative to the leasing of the Premises are merged in or revoked by this agreement. 
 G. Neither Landlord nor Tenant shall record this Lease or a short form memorandum hereof without the consent of the other. 
 H. Tenant further agrees to execute any amendments required by a lender to enable Landlord to obtain financing, so long as Tenant’s rights hereunder
are not materially adversely affected and so long as Tenant’s obligations hereunder are not materially increased or altered. 
 I.
Paragraph(s) 45 through 47 are/is added hereto and are/is included as a part of this Lease. 
 J. Clauses, plats and riders, if
any, signed by Landlord and Tenant and endorsed on or affixed to this Lease are a part hereof. 
 K. Tenant covenants and agrees that no
diminution or shutting off of light, air or view by any structure which may be hereafter erected (whether or not by Landlord) shall in any way affect this Lease, entitle Tenant to any reduction of rent hereunder or result in any liability of
Landlord to Tenant. 
 45. “AS IS” ‘Except as specifically set forth in Section 8 of the Lease and in this Section 45, Tenant
agrees to lease the Premises in an “as-is” condition, and any alterations or modifications to the Premises shall be made in accordance with paragraph 8 & 9 of the Lease and shall not delay the commencement of the Lease nor delay the
payment of rent and all such modifications shall be at Tenant’s sole cost and expense; notwithstanding the Tenant taking the Premises in “as-is” condition, Landlord shall be responsible, at Landlord’s sole cost and expense, for
the following items: 1) Delivery of the Premises to Tenant with the building systems, including but not limited to roof membrane, plumbing, mechanical, and electrical systems are in good working order 2) As needed interior painting, shampooing of
carpets, polishing of floor tiles and re-striping of the parking lot 3) If an issue exists as of the commencement date with the Premises as delivered relating to the Americans with Disabilities Act (“ADA”), Landlord shall bring the
Premises into compliance. All of these items 1 – 3 in this paragraph (if required) shall be complete no later than January 1, 2007. Landlord shall also reimburse Tenant for its qualified tenant improvement costs as more specifically
described in Exhibit C to the Lease 
  

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 Tenant shall be responsible for compliance with all laws relating to Tenant’s specific use or
alteration of the Premises. 
 46. OPTION TO EXTEND Subject to the terms and conditions set forth hereafter, Tenant is granted the one-time option to
extend (“Option to Extend”) the initial term of the Lease for one (1) additional period of three (3) years beginning immediately following the initial Lease term and ending on December 31, 2014 upon the following terms:

 A. Tenant shall notify Landlord in writing of the exercise of the Option to Extend to Landlord not less 12 months prior to the
expiration of the original Lease term. The extended term of this Lease shall commence on January 1, 2012 and shall expire on December 31, 2014. 
 B. The Basic Rent will be adjusted to equal the “Fair Market Rental Rate,” (defined below) as mutually agreed upon by Landlord and Tenant within sixty (60) days after Tenants exercise of the Option to
Extend. If the parties are unable to agree on the Basic Rent within such sixty (60) day period, the Fair Market Rental Rate shall be determined by the appraisal process set forth in paragraph E. below. 
 C. The Additional Rent described in paragraph 4D of the Lease shall continue to be paid and adjusted according to paragraph 4D of this Lease. 

D. The Option to Extend can be exercised only by Tenant or a Permitted Transferee for its sole use of the Premises and may not be exercised by any
other assignee of the Lease or sublessee of the Premises or a part thereof. 
 E. If Tenant is in default on the date of giving the Option
Notice, and Tenant does not cure such default as provided for in Paragraph 22 of the Lease, the Option Notice shall be void and of no effect. If Tenant is in default on the date the Option Term is to commence, and Tenant does not cure such default
as provided for in Paragraph 22 of the Lease, then, at the sole election of Landlord, such term shall not commence and this Lease shall expire at the end of the initial term. 
 F. If Landlord and Tenant do not mutually agree as to the Fair Market Rental Rate within sixty (60) days, then the Fair Market Rental Rate will be
determined according to the following procedure: 
 (1) Each party will within ten (10) days following the expiration of
the initial sixty (60) day period appoint a real estate appraiser or broker having no less than five (5) years’ experience in the commercial leasing market in Palo Alto, California, to determine the Fair Market Rental Rate. If one
party fails to so designate an appraiser within the time required, the determination of Fair Market Rental Rate of the appraiser who has been timely designated by the other party will be binding on both parties. 
 (2) The appraisers will submit their determinations of Fair Market Rental Rate to both parties within thirty (30) days after their
selection. 
 (3) If the determinations of the two appraisers or brokers are within five (5) percent of each other, then
their determinations shall be averaged to determine the Fair Market Rental Rate and no further determination will be required; if the determinations differ by more than five (5) percent, then subsection 4 below shall apply. 
 (4) Within ten (10) days of the date the second appraiser’s determination is submitted to the parties, the two appraisers will
designate as third appraiser a real estate attorney or broker having no less than ten (10) years’ experience in the retail leasing market in Palo Alto, California. The sole responsibility of the third appraiser will be to determine which
of the determinations made by the first two appraisers is most accurate. The third appraiser has no right to propose a middle ground or any modification of either of the determinations made by the first two appraisers. The third appraiser’s
choice will be submitted to the parties within twenty (20) days after his or her selection. 

  

 23 

 
Such determination will bind both of the parties and will establish the Fair Market Rental Rate. 
 (5) If the Fair Market Rental Rate has not been determined prior to the commencement of the Extended Term, Tenant will continue to pay the
then prevailing Basic Rent and at such time as the Fair Market Rental Rate is determined, Tenant will pay any additional amount or Landlord will refund any overpayment retroactive to the commencement of the Extended Term. 
 (6) Each party will pay the fees and expenses of the appraiser selected by it, and one-half (1/2) of the fees and expenses of the
third appraiser if applicable. 
 F. “Fair Market Rental Rate” shall mean the effective base rental rates, including all
escalations, at which tenants lease comparable space as of the commencement of the Option Term. For purposes hereof, “comparable space” means office space that is to the extent available for comparison (i) not subleased; (ii) not
subject to another tenant’s expansions rights; (iii) comparable in size, location and quality to the Premises; (iv) leased for a term comparable to the Option Term; and (v) located in a comparable building in the Palo Alto,
California area. In determining the rental rate of comparable space, the parties shall include all escalations and take into consideration the following concessions: (x) rental abatement concessions, if any, being granted to tenants in
connection with the comparable space; (y) tenant improvements or allowances provided or to be provided for the comparable space, taking into account the value of the existing improvements in the Premises (except to the extent such improvements
have been installed in the Premises at Tenant’s expense), as compared to the value of the improvements in comparable space (excepting those installed at the expense of the tenant); and (z) all other monetary and non-monetary concessions,
if any, being granted to tenants in connection with the comparable space. 
 47. EARLY TERMINATION Tenant is hereby granted a one time right to
terminate the Lease as of December 31, 2009 (“Early Termination Right”) which Tenant may exercise by doing each of the following in a timely manner: 1) providing Landlord with a minimum of six ( 6 ) months prior written
notice and 2) paying an early termination fee to Landlord in good funds in the amount of One Hundred Ninety Eight Thousand Dollars ($198,000.00) (the “Early Termination Fee”) no later than December 1, 2009. If Tenant fails to
give the required notice or pay the Early Termination Fee in a timely manner, this Early Termination Right shall be void and of no further effect and the term of the Lease shall expire on December 31, 2011, unless sooner terminated or extended
pursuant to the terms of the Lease. 
 IN WITNESS WHEREOF, Landlord and Tenant have executed and delivered this Lease as of the day and year first above
written. 
  

									
	LANDLORD:	 		 	TENANT:
	El Camino Center	 		 	Danger, Inc.
					
	By	 	 /s/ Jack R. Wheatley
	 		 	By	 	 /s/ Henry R. Nothhaft

	Name	 	Jack R. Wheatley	 		 	Name	 	Henry R. Nothhaft
		 	 (printed)
	 		 		 	 (printed)

	Title	 	Mng. Partner	 		 	Title	 	CEO

  

 24 

 EXHIBIT “A” 
 

 

 

 

 EXHIBIT C 
 Tenant Improvements 
 Tenant shall manage and be responsible for the design and construction of its tenant improvements,
subject to Section 9 of the Lease. Landlord shall provide construction management services to Tenant at a cost not to exceed Five Hundred Twenty Dollars ( $520.00 ) per month based on the expectation of attending weekly construction
meetings and facilitating Tenant’s construction performed under a contract with an independent general contractor. 
 The cost and expense of any the
tenant improvements shall be borne solely by Tenant except as specifically provided for in Paragraph 45 of the Lease and as follows: 
 Landlord shall provide
Tenant with an allowance of $10.00 per rentable square foot, to be utilized by Tenant for its interior improvements to the Premises (the “Tenant Improvement Allowance”). Tenant shall submit proof of payment to Landlord for its reasonable
construction costs of tenant improvements (not including Tenant’s fixtures) within thirty (30) days of receipt of such proof of payment Landlord shall reimburse Tenant such costs up to the full amount of the Tenant Improvement Allowance.
Landlord shall accept requests for draws against the Tenant Improvement Allowance from the date of Lease commencement through August 31, 2007. Despite any balance of Tenant Improvement Allowance unclaimed by submittal to Landlord of qualified
proof of payment as of September 1, 2007, Landlord shall have no further liability to Tenant for reimbursement of any Tenant Improvement Allowance for claims not made prior to August 31, 2007.

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