Document:

Exhibit 10.4.3

 

Pursuant to 17 CFR 240.24b-2, confidential information has been omitted in places marked “***” and has been filed separately with the Securities and Exchange Commission pursuant to a Confidential Treatment Application filed with the Commission.

 

FOURTH AMENDMENT TO AMENDED AND RESTATED NERVE TISSUE PROCESSING AGREEMENT

 

THIS FOURTH AMENDMENT (“Fourth Amendment”) to the Amended and Restated Nerve Tissue Processing Agreement dated February 27, 2008 as amended from time to time (the “Agreement”), is effective upon last signature hereto by and between LifeNet Health (“LIFENET Health”) and AxoGen Corporation (“AXOGEN”).

 

WHEREAS, the parties desire to amend the Agreement under the terms and subject to the conditions set forth below;

 

In consideration of the mutual promises contained herein, the parties agree to the following:

 

1.              The parties agree that Appendix B to the Agreement is hereby deleted in its entirety and replaced with the attached Appendix B.

 

IN WITNESS, WHEREOF, the parties execute this Fourth Amendment as of the date of the last party signing hereto:

 

	
AXOGEN   CORPORATION
    	
 
    	
LIFENET   HEALTH
    
	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    
	
By:
    	
/s/   Lee R. Johnston, Jr.
    	
 
    	
By:
    	
/s/   Gordon Berustresser
    
	
 
    	
 
    	
 
    	
 
    	
 
    
	
Name:   Lee R. Johnston, Jr.
    	
 
    	
Name:   Gordon Berustresser
    
	
 
    	
 
    	
 
    
	
Its:   Chief Financial Officer
    	
 
    	
Its:   Chief Financial Officer
    
	
 
    	
 
    	
 
    
	
Date:   9/8/2014
    	
 
    	
Date:   8/29/2014
    

 

AxoGen

 

1

 

APPENDIX B — Revised

FEE SCHEDULE

 

1)             AXOGEN shall pay LIFENET HEALTH a $[***] fee per week for processing in Suite 114;

 

2)             LIFENET HEALTH shall bill AXOGEN at the rate of $[***] per each batch debrided at LIFENET HEALTH; and

 

3)             LIFENET HEALTH shall bill AXOGEN at the rate of $[***] per each [***] at LIFENET HEALTH.

 

OTHER TERMS:

 

·                  There shall be no Minimum Batches/Year and no Maximum Batches/Year;

 

·                  Pricing reflected in this Exhibit B shall be increased by 3% on January 1, 2015.  The fees for use of Suite 114 may be adjusted thereafter annually beginning January 1, 2016 as mutually agreed upon by the parties, provided, however, that any such adjustment shall not exceed the annual change in the CPI-U of the Bureau of Labor Statistics of the U.S. Department of Labor.  AXOGEN will have the right to use Suite 114 of the Ward Court facility for up to three shifts per normal business day.

 

·                  Parties may periodically review usage and space needs.

 

·                  AXOGEN is to employ processors and assume supervisory and oversight responsibilities for processors who process for AXOGEN in the LIFENET HEALTH facility.  LIFENET HEALTH will provide support as described in the Quality Plan.

 

·                  In conjunction with LIFENET HEALTH’s need for the use of Suite 118, AXOGEN equipment currently situated in Suite 118 (the “Equipment”) will be stored in such area in 3417 Chandler Creek Road, Virginia Beach, Virginia 23453 (“Location”) as designated by LIFENET HEALTH.  Any additional equipment relocated to this location must be pre-approved by LIFENET HEALTH.  Any cost or expense associated with equipment being removed from this Location, shall be the sole responsibility of AXOGEN.  AxoGen will be responsible for the cost of moving the Equipment from Suite 118 to the particular area in the Location designated by LIFENET HEALTH.  After the move of the Equipment, LIFENET HEALTH will have complete control and access to Suite 118.  Upon 90 days’ notice from AXOGEN to LIFENET HEALTH, LIFENET HEALTH will make reasonable efforts to provide AXOGEN with space to meet AXOGEN’s forecasted needs, provided, however, such space shall be reasonably equivalent as to functionality as Suite 118.  AXOGEN would pay for the cost of moving and calibrating the Equipment so it may be operated in the same manner as is available currently.  Rates for such comparable space will be equivalent to the

 

2

 

rates paid by AXOGEN for Suite 114 (or such other space that replaced Suite 114) as of such time.

 

·                  AXOGEN agrees to maintain adequate property insurance coverage on all property and/or equipment it stores in 3417 Chandler Creek Road, Virginia Beach, Virginia 23453 to cover the cost of any damage to or replacement of such property and/ or equipment and, upon request, shall submit a Certificate of Insurance to LIFENET HEALTH.  Any cost of insurance or deductible shall be the sole responsibility of AXOGEN.

 

3Exhibit 10.1

 

HIGHWOODS REALTY DLF 98/29, LLC

(“LANDLORD”)

 

SAFETY QUICK LIGHTING & FANS CORP.

(“TENANT”)

 

OFFICE LEASE

    	 

    	 

    

TABLE OF CONTENTS

Article 1:Basic Definitions and Provisions

a.      
Premises

b.      
Term

c.       
Lease Year

d.      
Permitted Use

e.       
Occupancy Limitation

f.        
Base Rent

g.      
Rent Payment Address

h.      
Security Deposit

i.        
Business Hours

j.        
After Hours HVAC Rate

k.       
Parking

l.        
Notice Addresses

m.     
Broker

n.      
Authorized Representative

Article 2:Leased Premises

		a.	Premises

		b.	Common Areas

Article 3:Term

		a.	Commencement and Expiration Dates

		b.	Delivery of Possession

		c.	Right to Occupy

Article 4:Use

		a.	Permitted Use

		b.	Prohibited Equipment in Premises

Article 5:Rent

		a.	Payment Obligations

		b.	Base Rent

		c.	Additional Rent

Article 6:Security Deposit

Article 7:Services by Landlord

		a.	Base Services

		b.	Landlord's Maintenance

		c.	No Abatement

Article 8:Tenant’s Acceptance and Maintenance
of Premises

		a.	Acceptance of Premises

		b.	Move-in Obligations

		c.	Tenant's Maintenance

		d.	Alterations to Premises

		e.	Restoration of Premises

		f.	Landlord's Performance of Tenant's Obligations

		g.	Construction Liens

Article 9:Property of Tenant

Article 10:Signs

Article 11:Access to Premises

		a.	Tenant's Access

		b.	Landlord's Access

    	 

    	 

    

Article 12:Tenant’s Compliance

Article 13:Insurance Requirements

		a.	Tenant's Liability Insurance

		b.	Tenant's Property Insurance

		c.	Certificates of Insurance

		d.	Insurance Policy Requirements

		e.	Right to Increase Requirements

		f.	Landlord's Property Insurance

		g.	Mutual Waiver of Subrogation

Article 14:Indemnity

Article 15:Quiet
Enjoyment

Article 16:Subordination;
Attornment; Non-Disturbance; and Estoppel Certificate

a.      
Subordination and Attornment

b.      
Non-Disturbance

c.       
Estoppel Certificates

Article 17:Assignment – Sublease

a.      
Landlord Consent

b.      
Permitted Assignments/Subleases

c.       
Notice to Landlord

d.      
Prohibited Assignments/Sublease

e.       
Limitation on Rights of Assignee/Sublessee

f.        
Tenant Not Released

g.      
Landlord's Right to Collect Sublease Rents Upon Tenant Default

h.      
Excess Rents

i.        
Landlord's Fees

Article 18:Damages to Premises

a.      
Landlord’s Restoration Obligations

b.      
Tenant’s Restoration Obligations

c.       
Termination of Lease by Landlord

d.      
Termination of Lease by Tenant

e.       
Rent Abatement

Article 19:Eminent
Domain

a.      
Effect on Lease

b.      
Right to Condemnation Award

Article 20:Environmental Compliance

		a.	Tenant's Responsibility

		b.	Liability of the Parties

		c.	Inspections by Landlord

Article 21:Default

a.      
Tenant's Default

b.      
Landlord's Remedies

c.       
Landlord's Expenses

d.      
Remedies Cumulative

e.       
No Accord and Satisfaction

f.        
No Reinstatement

g.      
Landlord’s Default

h.      
Summary Ejectment

Article 22:Multiple Defaults

a.      
Loss of Option Rights

    	 

    	 

    

b.      
Increased Security Deposit

Article 23:Bankruptcy

a.      
Trustee's Rights

b.      
Adequate Assurance

c.       
Assumption of Lease Obligations

Article 24:Notices

a.      
Addresses

b.      
Form; Delivery; Receipt

Article 25:Holding Over

Article 26:Right to Relocate

		a.	Substitute Premises

		b.	Upfit of Substitute Premises

		c.	Relocation Costs

		d.	Lease Terms

Article 27:Broker’s Commissions

Article 28:Anti-Terrorism Laws

Article 29:General Provisions/Definitions

		a.	No Agency

		b.	Force Majeure

		c.	Building Standard Improvements

		d.	Limitation on Damages

		e.	Satisfaction of Judgments Against Landlord

		f.	Interest

		g.	Legal Costs

		h.	Sale of Premises or Building

		i.	Time of the Essence

		j.	Transfer of Security Deposit

		k.	Tender of Premises

		l.	Tenant’s Financial Statements

		m.	Recordation

		n.	Partial Invalidity

		o.	Binding Effect

		p.	Entire Agreement; Construction

		q.	Good Standing

		r.	Choice of Law

		s.	Effective Date

Article 30:Special Conditions

Article 31:Addenda and Exhibits

		a.	Lease Addendum Number One – “Work Letter”

		b.	Lease Addendum Number Two – “Additional Rent –
Operating Expenses and Taxes”

		c.	Exhibit A – Premises

		d.	Exhibit B – Rules and Regulations

		e.	Exhibit C – Commencement Agreement

		f.	Exhibit D – Acceptance of Premises 

    	 

    	 

    

OFFICE LEASE

THIS OFFICE
LEASE ("Lease"), made this 24th day of October, 2014, by and between HIGHWOODS DLF 98/29, LLC, a Delaware
limited liability company (“Landlord”), and SAFETY QUICK LIGHTING & FANS CORP.,
a Florida corporation (“Tenant”), provides as follows:

1.      
BASIC DEFINITIONS AND PROVISIONS. The following basic definitions and provisions apply
to this Lease:

a.      
Premises.Rentable Square Feet:1,290

Suite:154

Building:One Point Royal

Office Park: Royal 400 Business
Park

Street Address:4400 North Point
Parkway

City/County:Atlanta/Fulton

State/Zip Code:Georgia/30022

b.      
Term.Number of Months:53 Full Calendar Months

Commencement Date:December 1,
2014

Rent Commencement Date:December
1, 2014

Expiration Date:April 30, 2019

c.       
Lease Year. The term “Lease Year” shall have the following meaning: the
first Lease Year shall commence as of the Commencement Date and shall end on the last day of the 12th full month thereafter.
If the Commencement Date is not the first day of a calendar month, the first Lease Year shall include the partial month that includes
the Commencement Date and the 12 full months immediately following the partial month. Each successive Lease Year shall be the 12-month
period commencing on the day immediately following the last day of the prior Lease Year except for any shorter period necessitated
by the expiration or earlier termination of the Lease.

d.      
Permitted Use. General office use      

e.       
Occupancy Limitation.No more than 4
persons per 1,000 rentable square feet of the Premises.

f.       
Base Rent. The minimum base rent for the Term is $97,265.53, payable in monthly installments
on the 1st day of each month in accordance with the following Base Rent Schedule:

	MONTHS	PER RENTABLE SQUARE FOOT	MONTHLY RENT	PERIOD RENT
	12/01/14 – 09/30/15	$  8.90*	$  956.75*	$9,567.50
	10/01/15 – 11/30/15	$17.80	$1,913.50	$3,827.00
	12/01/15 – 11/30/16	$18.33	$1,970.91	$23,650.92
	12/01/16 – 11/30/17	$18.88	$2,030.04	$24,360.48
	12/01/17 – 11/30/18	$19.45	$2,090.94	$25,091.28
	12/01/18 – 04/30/19	$20.03	$2,153.67	$10,768.35
	 	 	CUMULATIVE BASE RENT   $97,265.53

* Landlord is agreeing to waive one-half of
minimum Base Rent for the first ten (10) months of the Term; and the Base Rent for such period otherwise would have been $1,913.50
per month. Accordingly, Landlord has agreed to conditionally waive receipt of $9,567.50 (the “Conditionally Waived Rent”)
subject to Tenant’s compliance with all terms and provisions of this Lease. In the event of any default by Tenant under this
Lease that is not cured within

    	 	1	 

    	 

    

any relevant grace or cure period, all of the
Conditionally Waived Rent, or so much of it as would have by then accrued but for such conditional waiver, may then, at Landlord’s
option exercised by written notice to Tenant, become immediately due and payable; and Base Rent shall prospectively accrue as if
there had been no agreement as to the Conditionally Waived Rent. Upon expiration of this Lease, without any such uncured default
and acceleration, the Conditionally Waived Rent shall be permanently forgiven.

 

g.       
Rent Payment Address. HIGHWOODS DLF 98/29, LLC

P.O. Box 409419

Atlanta, Georgia
30384

Tax ID #: 56-2124217

 

h.      
Security Deposit. One month’s base rental, or $1,913.50

		i.         Business Hours.	8:00 A.M. to 6:00 P.M. Monday through Friday (excluding New Year’s
Day, Memorial Day, Independence Day, Labor Day, Thanksgiving Day, and Christmas Day).

		j.         After Hours HVAC Rate.	$50.00 per hour, per zone, with a minimum of four (4) hours per occurrence
provided Tenant has requested (during normal business hours) after hours HVAC at least four (4) business hours in advance.

 

		k.       Parking.	Unreserved and nonexclusive; not to exceed 4 spaces per 1,000 rentable
square feet. 

l.        
Notice Addresses.

LANDLORD:HIGHWOODS DLF 98/29,
LLC

c/o Highwoods Properties, Inc.

2200 Century Parkway, Suite 800

Atlanta, Georgia 30345

Attn: Manager, Lease Administration

with a copy to:Highwoods Properties,
Inc.

3100 Smoketree
Court, Suite 600

Raleigh, North
Carolina 27604

Attn: Manager,
Lease Administration and Legal Department

 

TENANT: SAFETY QUICK LIGHTING
& FANS CORP.

4400 North
Point Parkway, Suite 154

Atlanta, Georgia
30022

Attn:Patty
Barron

Facsimile#:
_____________________

m.    
BrokerAvison Young – Atlanta, LLC

30 Ivan Allen
Jr. Boulevard, NW, Suite 900

Atlanta, Georgia
30308

Attn:Doug
Eidson

Facsimile
#: 404-855-3689

n.      
Authorized Representative:Patty Barron

2.      
LEASED PREMISES. 

a.      
Premises. Landlord leases to Tenant and Tenant leases from Landlord the Premises identified
in Section 1a and as more particularly shown on Exhibit A, attached hereto. The parties acknowledge that all square foot measurements
are approximate and agree that the square footage figures in Section 1a shall be conclusive for all purposes with respect to this
Lease.

    	 	2	 

    	 

    

b.      
Common Areas. Tenant shall have non-exclusive access to those portions of the Building
not set aside for leasing to tenants or reserved for Landlord’s exclusive use, including, but not limited to, entrances,
hallways, lobbies, elevators, restrooms, walkways, parking areas and structures, and plazas, if any (“Common Areas”).
Landlord has the exclusive right to (i) designate the Common Areas, (ii) change the designation of any Common Area and otherwise
modify the Common Areas, and (iii) permit special use of the Common Areas, including temporary exclusive use for special occasions.
Tenant shall not interfere with the rights of others to use the Common Areas. All use of the Common Areas shall be subject to any
rules and regulations reasonably promulgated by Landlord.

3.      
TERM. 

a.      
Commencement and Expiration Dates. The Lease Term commences on the Commencement Date
and expires on the Expiration Date, as set forth in Section 1b. The Commencement Date and Expiration Date shall be adjusted as
follows:

i.       
If Tenant requests possession of the Premises prior to the Commencement Date, and Landlord
consents, the Commencement Date shall be the date of possession. All Rent (as hereafter defined) and other obligations under this
Lease shall begin on the date of possession, but the Expiration Date shall remain the same; provided, however, that if the Rent
Commencement Date set forth in Section 1b is different than the Commencement Date, then the Rent Commencement Date shall be adjusted
so as to maintain the same amount of time between the Rent Commencement Date and the earlier Commencement Date, and Tenant’s
obligation to pay Rent shall begin on the adjusted Rent Commencement Date.

ii.     
If Landlord, for any reason, cannot deliver possession of the Premises to Tenant on the Commencement
Date, then the Commencement Date, Expiration Date, and all other dates that may be affected by their change, shall be revised to
conform to the date of Landlord's delivery of possession of the Premises to Tenant. Any such delay shall not relieve Tenant of
its obligations under this Lease, and neither Landlord nor Landlord's agents shall be liable to Tenant for any loss or damage resulting
from the delay in delivery of possession. Notwithstanding the foregoing, in the event Landlord is unable to deliver possession
of the Premises within 90 days after the original Commencement Date set forth in Section 1b (excluding any delays resulting from
force majeure or caused by Tenant – “Excused Delays”), then Tenant may terminate this Lease by giving notice
to Landlord within 100 days of the original Commencement Date (excluding Excused Delays). Tenant may not terminate the Lease, however,
if it has taken possession of any part of the Premises.

iii.   
At Landlord’s election, the Commencement Date and Expiration Date may be set forth in
a Commencement Agreement similar to Exhibit C, attached hereto, to be prepared by Landlord and promptly executed by the
parties.

b.      
Delivery of Possession. Unless otherwise specified in the Workletter attached as Lease
Addendum Number One, “delivery of possession” of the Premises shall mean the earlier of: (i) the date Landlord has
the Premises ready for occupancy by Tenant, or (ii) the date Landlord could have had the Premises ready had there been no delays
attributable to Tenant.

c.       
Right to Occupy. Prior to occupancy of the Premises, Tenant’s Authorized Representative
shall execute an Acceptance of Premises similar to Exhibit D attached hereto, to be prepared by Landlord and executed by
the parties. Tenant shall not occupy the Premises until Tenant has complied with all of the following requirements to the extent
applicable under the terms of this Lease: (i) delivery of all certificates of insurance, (ii) payment of any required Security
Deposit, (iii) execution and delivery of any required Guaranty of Lease, and (iv) if Tenant is an entity, receipt of resolutions
depicting the authority of the party/individual signing on behalf of Tenant and a good standing certificate from the State where
it was organized and a certificate of authority to do business in the State in which the Premises are located (if different). Tenant’s
failure to comply with these (or any other conditions precedent to occupancy under the terms of this Lease) shall not delay the
Commencement Date.

4.      
USE. 

a.      
Permitted Use. The Premises may be used only for general office purposes in connection
with Tenant’s Permitted Use as defined in Section 1d and in accordance with the Occupancy Limitation as set forth in Section
1e. Tenant shall not use the Premises:

    	 	3	 

    	 

    

i.       
In violation of any restrictive covenants which apply to the Premises;

ii.     
In any manner that constitutes a nuisance or trespass or disturb other tenants in the Building
or Office Park, as applicable;

iii.   
In any manner which increases any insurance premiums, or makes such insurance unavailable
to Landlord on the Building; provided that, in the event of an increase in Landlord's insurance premiums which results from Tenant's
use of the Premises, Landlord may elect to permit the use and charge Tenant for the increase in premiums, and Tenant’s failure
to pay Landlord the amount of such increase within 10 days after receipt of Landlord’s written demand shall be an event of
default; 

iv.   
In any manner that creates unusual demands for electricity, heating or air conditioning; or

v.     
For any purpose except the Permitted Use, unless consented to by Landlord in writing.

b.      
Prohibited Equipment in Premises. Tenant shall not use or install any equipment in
the Premises that places unusual demands on the electrical, heating or air conditioning systems (“High Demand Equipment”)
without Landlord’s prior written consent. No such consent will be given if Landlord determines, in its opinion, that such
High Demand Equipment may not be safely used in the Premises or that electrical service is not adequate to support the High Demand
Equipment. Landlord’s consent may be conditioned, without limitation, upon separate metering of the High Demand Equipment
and Tenant’s payment of all engineering, equipment, installation, maintenance, removal and restoration costs and utility
charges associated with the High Demand Equipment and the separate meter, as well as administrative costs as provided below. If
High Demand Equipment used in the Premises by Tenant affects the temperature otherwise maintained by the heating and air conditioning
system, Landlord shall have the right to install supplemental air conditioning units in the Premises and/or require Tenant to use
any existing supplemental units serving the Premises. If supplemental units are required by Landlord pursuant to the foregoing
sentence, or if Tenant requests the installation and/or use of any supplemental use of any supplemental units, then the cost of
engineering, installation, operation and maintenance of the units shall be paid by Tenant. All costs and expenses relating to High
Demand Equipment and Landlord’s administrative costs (such as reading meters and calculating invoices) shall be Additional
Rent, payable by Tenant in accordance with Section 7b.

5.      
RENT. 

a.      
Payment Obligations. Beginning on the Rent Commencement Date, Tenant shall pay Base
Rent and Additional Rent (collectively, “Rent”) on or before the first day of each calendar month during the Term,
as follows:

i.       
Rent payments shall be sent to the Rent Payment Address set forth in Section 1g.

ii.     
Rent shall be paid without previous demand or notice and without set off or deduction. Tenant's
obligation to pay Rent under this Lease is completely separate and independent from any of Landlord's obligations under this Lease.
Any payment by Tenant or acceptance by Landlord of a lesser amount than shall be due from Tenant to Landlord shall be treated as
a payment on account. The acceptance by Landlord of a check or other draft for a lesser amount with an endorsement or statement
thereon, or upon any letter accompanying such check, that such lesser amount is payment in full shall be given no effect, and Landlord
may accept such check or draft without prejudice to any other rights or remedies which Landlord may have against Tenant.

iii.   
If the Rent Commencement Date is a day other than the first day of a calendar month, then
Rent for such month shall be (i) prorated for the period between the Rent Commencement Date and the last day of the month in which
the Rent Commencement Date falls, and (ii) due and payable on the Rent Commencement Date.

iv.   
If Rent is not received within five days of the due date, Landlord shall be entitled to an
overdue payment fee in the amount of the greater of $10.00 or five percent (5%) of all Rent due. 

v.     
If Landlord presents Tenant's check to any bank and Tenant has insufficient funds to pay for
such check, then Landlord shall be entitled to the maximum lawful bad check fee or five percent (5%) of the amount of such check,
whichever amount is less.

    	 	4	 

    	 

    

b.      
Base Rent. Tenant shall pay Base Rent as set forth in Section 1f.

c.       
Additional Rent. In addition to Base Rent, Tenant shall pay as rent all sums and charges
due and payable by Tenant under this Lease (“Additional Rent”), including, but not limited to, Tenant's Proportionate
Share of the increase in Operating Expenses and Taxes as set forth in Lease Addendum Number Two.

6.      
SECURITY DEPOSIT. Simultaneously with Tenant’s execution and delivery of the
Lease, Tenant shall deposit with Landlord a Security Deposit in the amount set forth in Section 1h. Landlord shall retain the Security
Deposit as security for the performance by Tenant of all of its Lease obligations. The Security Deposit shall not bear interest
and may be commingled with other funds. If Tenant at any time fails to perform any of its obligations under this Lease, including,
without limitation, its Rent or other payment obligations, its restoration obligations, or its insurance and indemnity obligations,
then Landlord, may, at its option, apply the Security Deposit (or any portion) to cure Tenant's default or to pay for damages caused
by Tenant’s default. If the Lease has been terminated, then Landlord may apply the Security Deposit (or any portion) against
the damages incurred as a consequence of Tenant’s breach. The application of the Security Deposit shall not limit Landlord’s
remedies for default under the terms of this Lease. If Landlord depletes the Security Deposit, in whole or in part, prior to the
Expiration Date or any termination of this Lease, then Tenant shall restore immediately the amount so used by Landlord. Within
30 days after the expiration or earlier termination date of this Lease, Landlord shall refund to Tenant any unused portion of the
Security Deposit after first deducting the amounts, if any, necessary to cure any outstanding default of Tenant, to pay any outstanding
damages for Tenant’s breach of the Lease, or to restore the Premises to the condition to which Tenant is required to leave
the Premises upon the expiration or termination of the Lease. Landlord shall deliver the unused portion of the Security Deposit
to Tenant’s Notice Address set forth in Section 1l above. If Tenant’s Notice Address is the address for the Premises,
then Tenant shall notify Landlord in writing of a forwarding address to which Landlord should send the Security Deposit. If: (a)
Landlord sends the unused portion of the Security Deposit to Tenant’s Notice Address or, if applicable, the forwarding address
as directed by Tenant; (b) the Security Deposit is returned to Landlord as “undeliverable” for any reason other than
an error by Landlord or the mail courier; and (c) Landlord, after using its best efforts, is unable to locate Tenant within 90
days thereafter, then Tenant shall be deemed to have waived any rights Tenant has to the unused portion of the Security Deposit,
and Landlord may retain the Security Deposit for its own use. Tenant may not credit any unused portion of the Security Deposit
against Rent owed under the Lease.

7.      
SERVICES BY LANDLORD. 

a.      
Base Services. Provided that Tenant is not then in default beyond any applicable cure
period, Landlord shall cause to be furnished to the Building, or as applicable, the Premises, in common with other tenants the
following services:

i.       
Water (if available from city mains) for drinking, lavatory and toilet purposes.

ii.     
Electricity (if available from the utility supplier) for the building standard fluorescent
lighting and for the operation of general office machines.

iii.   
Building standard fluorescent lighting composed of 2' x 4' fixtures; Tenant shall service,
replace and maintain at its own expense any incandescent fixtures, table lamps, or lighting other than the Building Standard fluorescent
light, and any dimmers or lighting controls other than controls for the building standard fluorescent lighting.

iv.   
Heating and air conditioning for the reasonably comfortable use and occupancy of the Premises
during Business Hours as set forth in Section 1i.

v.     
After Business Hours, weekend and holiday heating and air conditioning at the After Hours
HVAC rate set forth in Section 1j, with such charges subject to commercially reasonable annual increases as determined by Landlord.

vi.   
Janitorial services five days a week (excluding National and State holidays) after Business
Hours.

vii. 
A reasonable pro-rata share of the unreserved, nonexclusive parking spaces of the Building,
not to exceed the Parking specified in Section 1k, for use by Tenant's employees and visitors in common with the other tenants
and their employees and visitors. 

    	 	5	 

    	 

    

b.      
Landlord’s Maintenance. Landlord shall make all repairs and replacements to the
Building (including Building fixtures and equipment), Common Areas and Building Standard Improvements in the Premises, except for
repairs and replacements that Tenant must make under Article 8. Landlord shall not be obligated to repair or maintain Non-Standard
Improvements (as defined in this Lease). Landlord’s maintenance shall include the roof, foundation, exterior walls, interior
structural walls, all structural components, and all Building systems, such as mechanical, electrical, HVAC, and plumbing. Repairs
or replacements shall be made within a reasonable time (depending on the nature of the repair or replacement needed) after receiving
notice from Tenant or Landlord having actual knowledge of the need for a repair or replacement.

Notwithstanding
the foregoing or any provision herein to the contrary, in the event that any supplemental air conditioning units are installed
in the Premises pursuant to Section 4.b above by or on behalf of Tenant, at Tenant’s request or by Landlord, Tenant shall
be solely responsible for all costs associated with the installation, operation, maintenance, repair and replacement of the supplemental
units, including, without limitation, all electrical costs associated with the supplemental units, which shall be separately metered
and due and payable by Tenant within 10 days after receipt of Landlord’s invoice. Notwithstanding the foregoing, any
supplemental units that are two tons or less shall not be separately metered; instead, Tenant shall reimburse Landlord on a monthly
basis for the costs and expenses associated with electrical service for each of these units (the “HVAC Reimbursement”).
The monthly HVAC Reimbursement shall be Additional Rent and shall be due and payable at the same time and in the same manner as
monthly Base Rent. The amount of the monthly HVAC Reimbursement for each unit shall be determined according to the following formula:

(# tons of the supplemental
unit) x (1.5 kW/ton) x (500 hours) x (Average Rate/kWh) = monthly HVAC Reimbursement per unit

The
Average Rate/kWh is a fraction, the numerator of which is the average cost of electricity billed to Landlord by the applicable
utility provider during the applicable billing cycle, and the denominator of which is the total kWh consumed at the Building during
that same billing cycle. Landlord shall have the right to adjust the monthly HVAC Reimbursement annually based on the Average Rate/kWh
for the preceding 12-month period, and Landlord shall notify Tenant in writing of the adjustment. With respect to determining the
Average Rate/kWh for any newly constructed buildings, the Average Rate/kWh for the first 12 months following the completion of
the new building shall be the average of the Average Rate/kWh for all of the buildings owned by Landlord or its affiliates in the
greater Atlanta, Georgia area for the billing cycle immediately preceding the completion of the new building; thereafter, the Average
Rate/kWh for the new building shall be determined and adjusted as set forth above.

c.       
No Abatement. There shall be no abatement or reduction of Rent by reason of any of
the foregoing services not being continuously provided to Tenant. Landlord shall have the right to shut down the Building systems
(including electricity and HVAC systems) for required maintenance and safety inspections, and in cases of emergency.

8.      
TENANT'S ACCEPTANCE AND MAINTENANCE OF PREMISES. 

a.      
Acceptance of Premises. Except as expressly provided otherwise in this Lease, Tenant’s
occupancy of the Premises is Tenant’s representation to Landlord that (i) Tenant has examined and inspected the Premises,
(ii) finds the Premises to be as represented by Landlord and satisfactory for Tenant's intended use, and (iii) constitutes Tenant's
acceptance of the Premises "as is". Landlord makes no representation or warranty as to the condition of the Premises
except as specifically set forth elsewhere in this Lease.

b.      
Move-In Obligations. Tenant shall schedule its move-in with the Landlord’s Property
Manager. Unless otherwise approved by Landlord’s Property Manager, move-in shall not take place during Business Hours. Prior
to the move-in, Tenant must provide the name, address and contact information for Tenant’s moving company, and the moving
company must comply with Landlord’s requirements, including insurance. During Tenant’s move-in, a representative of
Tenant must be on-site with Tenant’s moving company to insure proper treatment of the Building and the Premises. Elevators,
entrances, hallways and other Common Areas must remain in use for the general public during business hours. Any specialized use
of elevators or other Common Areas must be coordinated with Landlord’s Property Manager. Tenant must properly dispose of
all packing material and refuse in accordance with the Rules and Regulations. Any damage or destruction to the Building or the
Premises

    	 	6	 

    	 

    

caused by Tenant or its moving
company, employees, agents or contractors during Tenant’s move-in will be the sole responsibility of Tenant.

c.       
Tenant’s Maintenance. Tenant shall: (i) keep the Premises and fixtures in good
order; (ii) repair and replace Non-Standard Improvements installed by or at Tenant's request that serve the Premises (unless the
Lease is ended because of casualty loss or condemnation); and (iii) not commit waste. “Non-Standard Improvements” means
such items as (i) High Demand Equipment and separate meters, (ii) all wiring and cabling from the point of origin to the termination
point, (iii) raised floors for computer or communications systems, (iv) telephone equipment, security systems, and UPS systems,
(iv) equipment racks, (v) alterations installed by or at the request of Tenant after the Commencement Date, (vi) equipment installed
in a kitchen, kitchenette or break room within the Premises, including any ice machine, refrigerator, dishwasher, garbage disposal,
coffee machine and microwave, sink and related faucets, water filter and water purification system, (vii) kitchen drain lines;
and (ix) any other improvements that are not part of the Building Standard Improvements, including, but not limited to, special
equipment, decorative treatments, lights and fixtures and executive restrooms.

d.      
Alterations to Premises. Tenant shall make no structural or interior alterations to
the Premises without the prior written approval of Landlord. If Tenant requests alterations, Tenant shall provide Landlord with
a complete set of construction drawings. If the requested alterations are approved by Landlord, then Landlord shall determine the
actual cost of the work to be done [to include a construction supervision fee of ten percent (10%)]. Tenant may then either agree
to pay Landlord to have the work done or withdraw its request for alterations. The construction supervision fee for the initial
tenant improvements shall be as provided in the attached Workletter, if any.

e.       
Restoration of Premises. At the expiration or earlier termination of this Lease, Tenant
shall (i) deliver each and every part of the Premises in good repair and condition, ordinary wear and tear and damage by insured
casualty excepted, and (ii) restore the Premises at Tenant's sole expense to the same condition as existed at the Commencement
Date, ordinary wear and tear and damage by insured casualty excepted. If Tenant has required or installed Non-Standard Improvements,
such improvements shall be removed as part of Tenant’s restoration obligation. Landlord, however, may grant Tenant the right
to leave any Non-Standard Improvements in the Premises if at the time of such Non-Standard Improvements were installed, Landlord
agreed in writing that Tenant could leave such improvements. Tenant shall repair any damage caused by the removal of any Non-Standard
Improvements.

f.       
Landlord’s Performance of Tenant’s Obligations. If Tenant does not perform
its maintenance or restoration obligations in a timely manner, commencing the same within five days after receipt of notice from
Landlord specifying the work needed, and thereafter diligently and continuously pursuing the work until completion, then Landlord
shall have the right, but not the obligation, to perform such work on Tenant’s behalf. Any amounts expended by Landlord on
such maintenance or restoration shall be Additional Rent to be paid by Tenant to Landlord within 10 days after demand.

g.       
Construction Liens. Tenant shall keep Landlord’s property, including, without
limitation, the Premises, Building, Common Areas and real estate upon which the Building and Common Areas are situated (collectively
“Landlord’s Property”), free from any liens arising out of any work performed, materials furnished, or obligations
incurred by or on behalf of Tenant. Should any lien or claim of lien be filed against Landlord’s Property by reason of any
act or omission of Tenant or any of Tenant’s agents, employees, contractors or representatives, then Tenant shall cause the
same to be canceled and discharged of record by bond or otherwise within 10 days after the filing thereof. Should Tenant fail to
discharge the lien within 10 days, then Landlord may discharge the lien. The amount paid by Landlord to discharge the lien (whether
directly or by bond), plus all administrative and legal costs incurred by Landlord, shall be Additional Rent payable by Tenant
within 10 days after receipt of Landlord’s written demand. The remedies provided herein shall be in addition to all other
remedies available to Landlord under this Lease or otherwise. 

9.      
PROPERTY OF TENANT. Tenant shall pay when due all taxes levied or assessed upon Tenant's
equipment, fixtures, furniture, leasehold improvements and personal property located in the Premises. Provided Tenant is not in
default, Tenant may remove all fixtures and equipment which it has placed in the Premises; provided, however, Tenant must repair
all damages caused by such removal. If Tenant does not remove its property from the Premises upon the expiration or earlier termination
(for whatever cause) of this Lease, such

    	 	7	 

    	 

    

property shall be deemed abandoned
by Tenant, and Landlord may dispose of the same in whatever manner Landlord may elect without any liability to Tenant.

10.   
SIGNS. Tenant may not erect, install or display any sign or advertising material upon
the exterior of the Building or Premises (including any exterior doors, walls or windows) without the prior written consent of
Landlord, which consent may be withheld in Landlord’s sole discretion. Door and directory signage shall be provided and installed
by the Landlord in accordance with building standards at Tenant’s expense, unless otherwise provided in the Workletter attached
as Lease Addendum Number One.

11.   
ACCESS TO PREMISES. 

a.      
Tenant’s Access. Tenant, its agents, employees, invitees, and guests, shall have
access to the Premises and reasonable ingress and egress to the Common Areas of the Building 24 hours a day, seven days a week;
provided, however, Landlord by reasonable regulation may control such access for the comfort, convenience, safety and protection
of all tenants in the Building, or as needed for making repairs and alterations. Tenant shall be responsible for providing access
to the Premises to its agents, employees, invitees and guests after Business Hours and on weekends and holidays, but in no event
shall Tenant’s use of and access to the Premises during non-Business Hours compromise the security of the Building.

b.      
Landlord’s Access. Landlord shall have the right to enter the Premises at any
time without notice in the event of an emergency. Additionally, Landlord shall have the right, at all reasonable times and upon
reasonable oral notice, either itself or through its authorized agents, to enter the Premises (i) to make repairs, alterations
or changes that Landlord is permitted or required to make pursuant to the terms of this Lease, (ii) to inspect the Premises, mechanical
systems and electrical devices, and (iii) to show the Premises to prospective mortgagees and purchasers. Within 180 days prior
to the Expiration Date, Landlord shall have the right, either itself or through its authorized agents, to enter the Premises at
all reasonable times to show prospective tenants. Except in cases of emergency, Landlord shall use reasonable efforts to minimize
any interruption to Tenant’s business operations during any entry by Landlord into the Premises. 

12.   
TENANT’S COMPLIANCE. Tenant shall comply with all applicable laws, ordinances
and regulations affecting the Premises, whether now existing or hereafter enacted. Tenant shall comply with the Rules and Regulations
attached as Exhibit B. The Rules and Regulations may be modified from time to time by Landlord, effective as of the date
delivered to Tenant or posted on the Premises, provided such rules are reasonable in scope and uniformly applicable to all tenants
in the Building. Any conflict between this Lease and the Rules and Regulations shall be governed by the terms of this Lease.

13.   
INSURANCE REQUIREMENTS. 

a.      
Tenant’s Liability Insurance. Throughout the Term, Tenant, at its sole cost and
expense, shall keep or cause to be kept for the mutual benefit of Landlord, Landlord's Property Manager, and Tenant, Commercial
General Liability Insurance (1986 ISO Form or its equivalent) with a combined single limit, each Occurrence and General Aggregate-per
location, of at least $2,000,000.00, which policy shall insure against liability of Tenant, arising out of and in connection with
Tenant's use of the Premises, and which shall insure the indemnity provisions contained in this Lease. Landlord and its managing
agent shall be named as an Additional Insured on any and all liability insurance policies required under this Lease. 

b.      
Tenant’s Property Insurance. Tenant, at its own cost and expense, shall also
carry the equivalent of ISO Special Form Property Insurance on Tenant’s Property for full replacement value and with coinsurance
waived. For purposes of this provision, “Tenant’s Property” shall mean Tenant’s personal property and fixtures,
and any improvements to the Premises that were paid for by Tenant (and were not provided to the Premises pursuant to a tenant improvement
allowance provided to Tenant by Landlord or at Landlord’s cost).

c.       
Certificates of Insurance. Prior to taking possession of the Premises, and annually
thereafter, Tenant shall deliver to Landlord certificates or other evidence of insurance satisfactory to Landlord. If Tenant fails
to provide Landlord with certificates or other evidence of insurance coverage, Landlord may obtain the required coverage on Tenant’s
behalf, in which event the cost of such coverage shall be Additional Rent due and payable by Tenant within 10 days after receipt
of Landlord’s written demand. 

    	 	8	 

    	 

    

d.       Insurance
Policy Requirements. Tenant’s insurance policies required by this Lease shall: (i) be issued by insurance companies
licensed to do business in the state in which the Premises are located with a general policyholder's ratings of at least A-
and a financial rating of at least VI in the most current Best's Insurance Reports available on the Commencement Date,
or if the Best's ratings are changed or discontinued, the parties shall agree to a comparable method of rating insurance
companies; (ii) endorsed to be primary to all insurance available to Landlord, with Landlord’s being excess, secondary
or noncontributory; (iii) contain only standard and/or usual exclusions or restrictions; (iv) have a deductible or
self-insured retention of no more than $50,000.00 unless approved in writing by Landlord; and (v) provide that the
policies cannot be canceled, non-renewed, or coverage reduced except after at least 30 days' prior notice to Landlord. All
deductibles and/or retentions shall be paid by, assumed by, for the account of, and at Tenant’s sole risk. Tenant may
provide the insurance required by virtue of the terms of this Lease by means of a policy or policies of blanket insurance so
long as: (a) the amount of the total insurance allocated to the Premises under the terms of the blanket policy or policies
furnishes protection equivalent to that of separate policies in the amounts required by the terms of this Lease; and (b) the
blanket policy or policies comply in all other respects with the requirements of this Lease.

e.       
Right to Increase Requirements. Landlord shall have the right, upon prior notice to
Tenant but no more than once every three years during the Term, to require Tenant to increase the limit and coverage amount of
any insurance Tenant is required to maintain under this Lease to an amount that Landlord or its mortgagee, in the reasonable judgment
of either, may deem sufficient, provided that the increased limits are reasonable and consistent with those required by other owners
of similar office buildings in the same geographic region.

f.       
Landlord’s Property Insurance. Landlord shall keep the Building, including the
improvements (but excluding Tenant’s Property), insured against damage and destruction by perils insured by the equivalent
of ISO Special Form Property Insurance for full replacement value.

g.       
Mutual Waiver of Subrogation. Anything in this Lease to the contrary notwithstanding,
Landlord hereby releases and waives unto Tenant (including all partners, stockholders, officers, directors, employees and agents
thereof), its successors and assigns, and Tenant hereby releases and waives unto Landlord (including all partners, stockholders,
officers, directors, employees and agents thereof), its successors and assigns, all rights to claim damages for any injury, loss,
cost or damage to persons or to the Premises or any other casualty, as long as the amount of such injury, loss, cost or damage
has been paid either to Landlord, Tenant, or any other person, firm or corporation, under the terms of any Property, General Liability,
or other policy of insurance, to the extent such releases or waivers are permitted under applicable law. As respects all policies
of insurance carried or maintained pursuant to this Lease and to the extent permitted under such policies, Tenant and Landlord
each waive the insurance carriers’ rights of subrogation. For purposes of this provision, insurance proceeds paid to either
party shall be deemed to include any deductible or self-insurance retention amount for which that party is responsible. A party’s
failure to obtain or maintain any insurance coverage required to be carried pursuant to the terms of this Lease shall not negate
the waivers and releases set forth herein as long as the insurance that the party failed to obtain or maintain would have covered
the loss or damage for which the party is waiving its claims. Nothing in this provision shall be deemed a waiver or release by
Landlord of its right to claim, demand and collect insurance proceeds directly from Tenant’s insurer pursuant to Landlord’s
status as an additional insured under any insurance policy Tenant is required to carry pursuant to the terms of this Lease.

14.   
INDEMNITY. Subject to the insurance requirements, releases and mutual waivers of subrogation
set forth in this Lease, and except to the extent caused by Landlord’s negligence or willful misconduct, Tenant shall indemnify,
defend and hold Landlord harmless from and against any and all claims, damages, losses, liabilities,
lawsuits, costs and expenses (including attorneys' fees at all tribunal levels) arising out of or related to (i) any activity,
work, or other thing done, permitted or suffered by Tenant in or about the Premises or the
Building, (ii) any breach or default by Tenant in the performance of any of its obligations
under this Lease, or (iii) any act or neglect of Tenant, or any officer, agent, employee,
contractor, servant, invitee or guest of Tenant. Subject to the insurance requirements, releases and mutual waivers of subrogation
set forth in this Lease, and except to the extent caused by Tenant’s negligence or willful misconduct, Landlord shall indemnify
and hold Tenant harmless from and against any and all claims, damages, losses, liabilities, lawsuits, costs and expenses (including
attorneys' fees at all tribunal levels) arising out of or related to (a) any activity, work, or other thing done, permitted or
suffered by Landlord in or about the Common Areas or the Building, (b) any breach or default by Landlord in the performance of
any of its obligations under this Lease, or (c) any act or neglect of Landlord, or any officer, agent, employee, contractor or
servant of Landlord.

    	 	9	 

    	 

    

15.    QUIET
ENJOYMENT. Tenant shall have quiet enjoyment and possession of the Premises, provided Tenant promptly and fully complies
with all of its obligations under this Lease. No action of Landlord working in other space in the Building, or in repairing
or restoring the Premises in accordance with it obligations hereunder, shall be deemed a breach of this covenant.

16.   
SUBORDINATION AND ATTORNMENT; NON-DISTURBANCE; AND ESTOPPEL CERTIFICATE. 

a.      
Subordination and Attornment. Tenant agrees to execute within 10 days after request
to do so from Landlord or its mortgagee (to include a grantee of a security deed) an agreement:

i.       
Making this Lease superior or subordinate to the interests of the mortgagee;

ii.     
Agreeing to attorn to the mortgagee;

iii.   
Giving the mortgagee notice of, and a reasonable opportunity (which shall in no event be less
than 30 days after notice thereof is delivered to mortgagee) to cure any Landlord default and agreeing to accept such cure if effected
by the mortgagee;

iv.   
Permitting the mortgagee (or other purchaser at any foreclosure sale), and its successors
and assigns, on acquiring Landlord's interest in the Premises and the Lease, to become substitute Landlord hereunder, with liability
only for such landlord obligations as accrue after Landlord's interest is so acquired;

v.     
Agreeing to attorn to any successor landlord; and 

vi.   
Containing such other agreements and covenants on Tenant's part as Landlord's mortgagee may
reasonably request.

b.      
Non-Disturbance. Tenant’s obligation to subordinate its interests or attorn to
any mortgagee is conditioned upon the mortgagee’s agreement not to disturb Tenant’s possession and quiet enjoyment
of the Premises under this Lease so long as Tenant is in compliance with the terms of the Lease.

c.       
Estoppel Certificates. Tenant agrees to execute within five business days after request,
and as often as reasonably requested, estoppel certificates confirming any factual matter requested by Landlord which is true and
is within Tenant's knowledge regarding this Lease, and the Premises, including but not limited to: (i) the date of occupancy, (ii)
Expiration Date, (iii) the amount of Rent due and date to which Rent is paid, (iii) whether Tenant has any defense or offsets to
the enforcement of this Lease or the Rent payable, (iv) any default or breach by Landlord, and (v) whether this Lease, together
with any modifications or amendments, is in full force and effect.

17.   
ASSIGNMENT – SUBLEASE. 

a.      
Landlord Consent. Except as provided in subsection (b) below, Tenant may not assign
or encumber this Lease or its interest in the Premises arising under this Lease, and may not sublet all or any part of the Premises,
without first obtaining the written consent of Landlord, which consent shall not be withheld unreasonably. One consent shall not
be the basis for any further consent.

b.      
Permitted Assignments/Subleases. Notwithstanding the foregoing, Tenant may assign this
Lease or sublease part or all of the Premises without Landlord's consent to: (i) any corporation, limited liability company, or
partnership that controls, is controlled by, or is under common control with, Tenant at the Commencement Date; or (ii) any corporation
or limited liability company resulting from the merger or consolidation with Tenant or to any entity that acquires all of Tenant's
assets as a going concern of the business that is being conducted on the Premises; provided, however, the assignor remains liable
under the Lease and the assignee or sublessee is a bona fide entity and assumes the obligations of Tenant, is as creditworthy as
the Tenant, and continues the same Permitted Use as provided under Article 4.

c.       
Notice to Landlord. Landlord must be given prior written notice of every assignment
or subletting, and failure to do so shall be a default hereunder.

d.      
Prohibited Assignments/Subleases. In no event shall this Lease be assignable by operation
of any law, and Tenant's rights hereunder may not become, and shall not be listed by Tenant as an asset under any bankruptcy, insolvency
or reorganization proceedings. Acceptance of Rent by Landlord after any non-permitted assignment or sublease shall not constitute
approval thereof by Landlord.

    	 	10	 

    	 

    

e.       
Limitation on Rights of Assignee/Sublessee. Any assignment for which Landlord’s
consent is required shall not include the right to exercise any options to renew the Term, expand the Premises or similar options,
unless specifically provided for in the consent. 

f.       
Tenant Not Released. No assignment or sublease shall release Tenant of any of its obligations
under this Lease.

g.       
Landlord’s Right to Collect Sublease Rents upon Tenant Default. If the Premises
(or any portion) is sublet and Tenant defaults under its obligations to Landlord, then Landlord is authorized, at its option, to
collect all sublease rents directly from the sublessee. Tenant hereby assigns the right to collect the sublease rents to Landlord
in the event of Tenant default. The collection of sublease rents by Landlord shall not relieve Tenant of its obligations under
this Lease, nor shall it create a contractual relationship between sublessee and Landlord or give sublessee any greater estate
or right to the Premises than contained in its sublease.

h.      
Excess Rents. If Tenant assigns this Lease or subleases all or part of the Premises
at a rental rate that exceeds the rentals paid to Landlord, then any such excess shall be paid over to Landlord by Tenant.

i.        
Landlord’s Fees. Tenant shall pay Landlord an administration fee of $1,000.00
per assignment or sublease transaction for which Landlord’s consent is required. 

18.   
DAMAGES TO PREMISES. 

a.      
Landlord’s Restoration Obligations. If the Building or Premises are damaged by
fire or other casualty (“Casualty”), then, unless the Lease is terminated as provided in this Article 18, Landlord
shall repair and restore the Premises to substantially the same condition of the Premises immediately prior to such Casualty, subject
to the following terms and conditions:

i.       
The casualty must be insured under Landlord's insurance policies, and Landlord’s obligation
is limited to the extent of the insurance proceeds received by Landlord. Landlord’s duty to repair and restore the Premises
shall not begin until receipt of the insurance proceeds.

ii.     
Landlord’s lender(s) must permit the insurance proceeds to be used for such repair and
restoration.

iii.   
Landlord shall have no obligation to repair and restore Tenant’s trade fixtures, decorations,
signs, contents, or any Non-Standard Improvements to the Premises.

b.      
Tenant’s Restoration Obligations. Unless the Lease is terminated as provided
in this Article 18, Tenant shall promptly repair, restore, or replace Tenant's Property. All repair, restoration or replacement
of Tenant’s Property shall be at least to the same condition as existed prior to the Casualty.

c.       
Termination of Lease by Landlord. Landlord shall have the option of terminating the
Lease following the Casualty if: (i) the Premises is rendered wholly untenantable; (ii) the Premises is damaged in whole or in
part as a result of a risk which is not covered by Landlord's insurance policies; (iii) Landlord's lender does not permit a sufficient
amount of the insurance proceeds to be used for restoration purposes; (iv) the Premises is damaged in whole or in part during the
last two years of the Term; or (v) the Building containing the Premises is damaged (whether or not the Premises is damaged) to
an extent of fifty percent (50%) or more of the fair market value thereof. If Landlord elects to terminate this Lease, then it
shall give notice of the cancellation to Tenant within (60) days after the date of the Casualty. Tenant shall vacate and surrender
the Premises to Landlord within (15) days after receipt of the notice of termination.

d.      
Termination of Lease by Tenant. Tenant shall have the option of terminating the Lease
if: (i) Landlord has failed to substantially restore the damaged Building or Premises within (180) days of the Casualty (“Restoration
Period”); (ii) the Restoration Period has not been delayed by Tenant delays or force majeure; and (iii) Tenant gives
Landlord notice of the termination within 15 days after the end of the Restoration Period (as extended by any Tenant delay or force
majeure delays). If Landlord is delayed by Tenant delay or force majeure, then Landlord must provide Tenant with notice
of the delays within (15) days of the force majeure event stating the reason for the delays and a good faith estimate of
the length of the delays.

    	 	11	 

    	 

    

e.        Rent
Abatement. If Premises is rendered wholly untenantable by the Casualty, then the Rent payable by Tenant shall be fully
abated. If the Premises is only partially damaged, then Tenant shall continue the operation of Tenant's business in any part
not damaged to the extent reasonably practicable from the standpoint of prudent business management, and Rent and other
charges shall be abated proportionately to the portion of the Premises rendered untenantable. The abatement shall be
from the date of the Casualty until the Premises have been substantially repaired and restored, or until Tenant's
business operations are restored in the entire Premises, whichever shall first occur. However, if the Casualty is caused by
the negligence or other wrongful conduct of Tenant or of Tenant's subtenants, licensees, contractors, or invitees, or their
respective agents or employees, there shall be no abatement of Rent. The abatement of the Rent set forth above, and
the right to terminate the Lease set forth in Section 18d, are Tenant’s exclusive remedies against Landlord in the
event of a Casualty.

19.   
EMINENT DOMAIN. If all of the Premises are taken under the power of eminent domain
(or by conveyance in lieu thereof), then this Lease shall terminate as of the date possession is taken by the condemnor, and Rent
shall be adjusted between Landlord and Tenant as of such date. If only a portion of the Premises is taken and Tenant can continue
use of the remainder, then this Lease will not terminate, but Rent shall abate in a just and proportionate amount to the loss of
use occasioned by the taking.

Landlord shall be entitled to
receive and retain the entire condemnation award for the taking of the Building and Premises. Tenant shall have no right or claim
against Landlord for any part of any award received by Landlord for the taking. Tenant, however, shall not be prevented from making
a claim against the condemning party (but not against Landlord) for any moving expenses, loss of profits, or taking of Tenant’s
personal property (other than its leasehold estate) to which Tenant may be entitled; provided that any such award shall not reduce
the amount of the award otherwise payable to Landlord for the taking of the Building and Premises.

20.   
ENVIRONMENTAL COMPLIANCE. 

a.      
Tenant's Responsibility. Tenant shall not (either with or without negligence) cause
or permit the escape, disposal or release of any biologically active or other hazardous substances or materials on the Property.
For the purposes of this Article 20, the term “Property” shall include the Premises, Building, all Common Areas, the
real estate upon which the Building and Common Areas are located; all personal property (including that owned by Tenant); and the
soil, ground water, and surface water of the real estate upon which the Building is located. Tenant shall not allow the storage
or use of such substances or materials in any manner not sanctioned by law or in compliance with the highest standards prevailing
in the industry for the storage and use of such substances or materials, nor allow to be brought onto the Property any such materials
or substances except to use in the ordinary course of Tenant's business, and then only after notice is given to Landlord of the
identity of such substances or materials. No such notice shall be required, however, for commercially reasonable amounts of ordinary
office supplies and janitorial supplies.

b.      
Liability of the Parties. Landlord represents and warrants that, to Landlord’s
knowledge, there are no hazardous materials on the Property as of the Commencement Date in violation of any laws. Landlord shall
indemnify and hold Tenant harmless from any liability resulting from Landlord’s violation of this representation and warranty,
unless the hazardous materials are present on the Property due to the act or omission of Tenant or its agents, employees, officers,
licensees or contractors, in which event Tenant shall be obligated to indemnify Landlord as hereafter provided. Tenant shall indemnify
and hold Landlord harmless from any penalty, fine, claim, demand, liability, cost, or charge whatsoever which Landlord shall incur,
or which Landlord would otherwise incur, by reason of Tenant's failure to comply with this Article 20 including, but not limited
to: (i) the cost of full remediation of any contamination to bring the Property into the same condition as prior to the Commencement
Date and into full compliance with all Environmental Laws; (ii) the reasonable cost of all appropriate tests and examinations of
the Premises to confirm that the Premises and any other contaminated areas have been remediated and brought into compliance with
law; and (iii) the reasonable fees and expenses of Landlord's attorneys, engineers, and consultants incurred by Landlord in enforcing
and confirming compliance with this Article 20. Notwithstanding the foregoing, Tenant’s obligations under this Article 20
shall not apply to any condition or matter constituting a violation of any law that was not caused, in whole or in part, by Tenant
or Tenant's agents, employees, officers, partners, contractors, servants or invitees. The covenants contained in this Article 20
shall survive the expiration or termination of this Lease, and shall continue for so long as either party and its successors and
assigns may be subject to any expense, liability, charge, penalty, or obligation against which the other party has agreed to indemnify
it under this Article 20.

    	 	12	 

    	 

    

c.        Inspections
by Landlord. Landlord and its engineers, technicians, and consultants, from time to time as Landlord deems appropriate,
may conduct periodic examinations of the Premises to confirm and monitor Tenant's compliance with this Article 20. Such
examinations shall be conducted in such a manner as to minimize the interference with Tenant's Permitted Use; however, in all
cases, the examinations shall be of such nature and scope as shall be reasonably required by then existing technology
to confirm Tenant's compliance with this Article 20. Tenant shall fully cooperate with Landlord and its representatives in
the conduct of such examinations. The cost of such examinations shall be paid by Landlord unless an examination shall
disclose a material failure of Tenant to comply with this Article 20, in which case, the reasonable cost of such
examination shall be paid for by Tenant within 10 days after receipt of Landlord’s written demand.

21.   
DEFAULT. 

a.      
Tenant’s Default. Tenant shall be in default under this Lease if Tenant: 

i.       
Fails to pay any Base Rent, Additional Rent, or any other sum of money that Tenant is obligated
to pay, as provided in this Lease, within five days after the due date;

ii.     
Breaches any other agreement, covenant or obligation in this Lease and such breach is not
remedied within (15) days after Landlord gives Tenant notice in accordance with Article 24 below specifying the breach, or if such
breach cannot, with due diligence, be cured within (15) days, if Tenant does not commence curing within (15) days and with reasonable
diligence completely cure the breach within a reasonable period of time after the notice;

iii.   
Files any petition or action for relief under any creditor's law (including bankruptcy, reorganization,
or similar action), either in state or federal court, or has such a petition or action filed against it which is not stayed or
vacated within 60 days after filing; or

iv.   
Makes any transfer in fraud of creditors as defined in Section 548 of the United States Bankruptcy
Code (11 U.S.C. 548, as amended or replaced), has a receiver appointed for its assets (and the appointment is not stayed or vacated
within (30) days), or makes an assignment for benefit of creditors.

b.      
Landlord’s Remedies. In the event of a Tenant default, Landlord, at its option,
may do one or more of the following: 

i.       
Terminate this Lease by giving Tenant notice of termination, in which event this Lease shall
expire and terminate on the date specified in such notice of termination, and Tenant shall remain liable for all obligations under
this Lease arising up to the date of such termination, and Tenant shall surrender the Premises to Landlord on the date specified
in such notice;

ii.     
Terminate this Lease as provided in subparagraph (b)(i) hereof and recover from Tenant all
obligations arising up to the date of such termination and all damages Landlord may incur by reason of Tenant’s default,
including, without limitation, a sum which, at the date of such termination, represents the present value (discounted at a rate
equal to the greater of eight percent (8%) per annum or the then applicable rate of interest as specified in the financing outstanding
on the Project) of the excess, if any, of (aa) the Rent and all other sums which would have been payable hereunder by Tenant for
the period commencing with the day following the date of such termination and ending with the date hereinbefore set for the expiration
of the full term hereby granted, over (bb) the aggregate reasonable rental value of the Premises for the same period, all of which
present value of such excess sum shall be deemed immediately due and payable; provided, however, that such sum shall not be deemed
a penalty or forfeiture, actual damages being difficult or impossible to measure, and such sum represents the parties’ reasonable
best estimate of the damages which would be incurred by Landlord in the event of a breach by Tenant;

    	 	13	 

    	 

    

iii.   
Without terminating this Lease, declare immediately due and payable all Rent and other amounts
due and coming due under this Lease for the entire remaining Term hereof, together with all other amounts previously due, at once,
which total amount shall be discounted to the present value (at a rate equal to the greater of eight percent (8%) per annum or
the then applicable rate of interest specified in the financing outstanding on the Project); provided, however, that such payment
shall not be deemed a penalty or liquidated damages but shall merely constitute payment in advance for Rent for the remainder of
said Term. Upon making such payment, Tenant shall be entitled to receive from Landlord all rents received by Landlord from other
assignees, tenants, and subtenants on account of said Premises during the Term of this Lease provided that the monies to which
Tenant shall so become entitled shall in no event exceed the entire amount actually paid by Tenant to Landlord pursuant to the
preceding sentence less all costs, including refurbishing the Premises and new lease commissions, expenses and attorneys’
fees of Landlord incurred in connection with the reletting of the Premises;

iv.   
Without terminating this Lease, and with or without notice to Tenant, Landlord may in Landlord’s
own name, but as agent for Tenant, enter into and upon and take possession of the Premises or any part thereof, and, at Landlord’s
option, remove persons and property therefrom, and such property, if any, may be removed and stored in a warehouse or elsewhere
at the cost of, and for the account of, Tenant, all without being deemed guilty of trespass or becoming liable for any loss or
damage which may be occasioned thereby, and Landlord may rent the Premises or any portion thereof as the agent of Tenant with or
without advertisement, and by private negotiations and for any term upon such terms and conditions as Landlord may deem necessary
or desirable or in order to relet the Premises. Landlord shall in no way be responsible or liable for any part thereof, or for
any failure to collect any rent due upon such reletting. Upon each such reletting, all rentals received by Landlord from such reletting
shall be applied: first, to the payment of any indebtedness (other than any Rent due hereunder) from Tenant to Landlord; second,
to the payment of any costs and expenses of such reletting, including without limitation, brokerage fees and attorneys’ fees
and costs of alterations and repairs; third, to the payment of Rent and other charges then due and unpaid hereunder; and the residue,
if any, shall be held by Landlord to the extent and for application in payment of future Rent as the same may become due and payable
hereunder. If the rentals received from such reletting shall at any time or from time to time be less than sufficient to pay to
Landlord the entire sums then due from Tenant hereunder, Tenant shall pay any such deficiency to Landlord. Such deficiency shall,
at Landlord’s option, be calculated and paid monthly;

v.     
Without liability to Tenant or any other party and without constituting a constructive or
actual eviction, suspend or discontinue furnishing or rendering to Tenant any property, material, labor, utilities or other service,
which Landlord is obligated to furnish or render, so long as Tenant is in default under this Lease;

vi.   
Bring action for recovery of all amounts due from Tenant; 

vii. 
Seize and hold any personal property of Tenant located in the Premises and assert against
the same a lien for monies due Landlord; or

viii.Pursue
any other remedy available in law or equity. 

c.       
Landlord’s Expenses; Attorneys’ Fees. All reasonable expenses of Landlord
in repairing, restoring, or altering the Premises for reletting as general office space, together with leasing fees and all other
expenses in seeking and obtaining a new tenant, shall be charged to and be a liability of Tenant. Landlord’s reasonable attorneys’
fees in pursuing any of the foregoing remedies, or in collecting any Rent or Additional Rent due by Tenant hereunder, shall be
paid by Tenant.

d.      
Remedies Cumulative. All rights and remedies of Landlord are cumulative, and the exercise
of any one shall not exclude Landlord at any other time from exercising a different or inconsistent remedy. No exercise by Landlord
of any right or remedy granted herein shall constitute or effect a termination of this Lease unless Landlord shall so elect by
notice delivered to Tenant. The failure of Landlord to exercise its rights in connection with this Lease or any breach or violation
of any term, or any subsequent breach of the same or any other term, covenant or condition herein contained shall not be a waiver
of such term, covenant or condition or any subsequent breach of the same or any other covenant or condition herein contained.

    	 	14	 

    	 

    

e.       
No Accord and Satisfaction. No acceptance by Landlord of a lesser sum than the Rent,
Additional Rent and other sums then due shall be deemed to be other than on account of the earliest installment of such payments
due, nor shall any endorsement or statement on any check or any letter accompanying any check or payment be deemed as accord and
satisfaction, and Landlord may accept such check or payment without prejudice to Landlord’s right to recover the balance
of such installment or pursue any other remedy provided in this Lease.

f.       
No Reinstatement. No payment of money by Tenant to Landlord after the expiration or
termination of this Lease shall reinstate or extend the Term, or make ineffective any notice of termination given to Tenant prior
to the payment of such money. After the service of notice or the commencement of a suit, or after final judgment granting Landlord
possession of the Premises, Landlord may receive and collect any sums due under this Lease, and the payment thereof shall not make
ineffective any notice or in any manner affect any pending suit or any judgment previously obtained.

g.       
Landlord’s Default. Landlord shall be in default under this Lease if Landlord
breaches any agreement, covenant or obligation in this Lease and does not remedy the breach within 15 days after Tenant gives Landlord
written notice in accordance with Article 24 below specifying the breach, or if the breach cannot, with due diligence, be cured
within 15 days, Landlord does not commence curing within 15 days and with reasonable diligence completely cure the breach within
a reasonable period of time after the notice. In the event Landlord fails to cure its breach within the time periods set forth
herein, Tenant shall be entitled to pursue any and all remedies available to it at law or in equity; provided, however, that except
as expressly provided elsewhere in this Lease, Tenant shall have no right of self-help to perform repairs or any other obligation
of Landlord, and shall have no right to withhold, set off or abate Rent.

h.      
Summary Ejectment. Tenant agrees that in addition to all other rights and remedies
Landlord may obtain an order for summary ejectment from any court of competent jurisdiction without prejudice to Landlord’s
rights to otherwise collect rents or breach of contract damages from Tenant.

22.   
MULTIPLE DEFAULTS.

a.      
Loss of Option Rights. Tenant acknowledges that any rights or options of first refusal,
or to extend the Term, to expand the size of the Premises, to purchase the Premises or the Building, or other similar rights or
options which have been granted to Tenant under this Lease are conditioned upon the prompt and diligent performance of the terms
of this Lease by Tenant. Accordingly, should Tenant default under this Lease on two or more occasions during any 12-month period,
in addition to all other remedies available to Landlord, all such rights and options shall automatically, and without further action
on the part of any party, expire and be of no further force and effect.

b.      
Increased Security Deposit. Should Tenant default in the payment of Base Rent, Additional
Rent, or any other sums payable by Tenant under this Lease on two or more occasions during any 12-month period, regardless of whether
Landlord permits such default to be cured, then, in addition to all other remedies otherwise available to Landlord, Tenant, within
(10) days after demand by Landlord, shall post a Security Deposit in, or increase the existing Security Deposit by, a sum equal
to three months’ installments of Base Rent at the rate in effect at the time of Landlord’s demand. The Security Deposit
shall be governed by the terms of this Lease.

23.   
BANKRUPTCY. 

a.      
Trustee’s Rights. Landlord and Tenant understand that, notwithstanding contrary
terms in this Lease, a trustee or debtor in possession under the United States Bankruptcy Code, as amended, (the "Code")
may have certain rights to assume or assign this Lease. This Lease shall not be construed to give the trustee or debtor in possession
any rights greater than the minimum rights granted under the Code.

b.      
Adequate Assurance. Landlord and Tenant acknowledge that, pursuant to the Code, Landlord
is entitled to adequate assurances of future performance of the provisions of this Lease. The parties agree that the term “adequate
assurance” shall include at least the following:

i.       
In order to assure Landlord that any proposed assignee will have the resources with which
to pay all Rent payable pursuant to the provisions of this Lease, any proposed assignee must have, as demonstrated to Landlord’s
satisfaction, a net worth (as defined in accordance with generally accepted accounting principles consistently applied) of not
less than the net worth of Tenant on the Effective Date (as hereinafter defined), increased by seven percent (7%), compounded annually,
for each year from the Effective Date through the date of the proposed assignment. It is understood and agreed that the financial
condition and resources of Tenant were a material inducement to Landlord in entering into this Lease.

    	 	15	 

    	 

    

ii.     
Any proposed assignee must have been engaged in the conduct of business for the five( years
prior to any such proposed assignment, which business does not violate the Use provisions under Article 4 above, and such proposed
assignee shall continue to engage in the Permitted Use under Article 4. It is understood that Landlord’s asset will be substantially
impaired if the trustee in bankruptcy or any assignee of this Lease makes any use of the Premises other than the Permitted Use.

c.       
Assumption of Lease Obligations. Any proposed assignee of this Lease must assume and
agree to be bound by the provisions of this Lease.

24.   
NOTICES. 

a.      
Addresses. All notices, demands and requests by Landlord or Tenant shall be sent to
the Notice Addresses set forth in Section 1l, or to such other address as a party may specify by duly given notice. The parties
shall notify the other of any change in address, which notification must be at least 15 days in advance of it being effective;
provided, however, the Tenant may not change its address to which notices shall thereafter be sent to eliminate the Premises as
an acceptable address where notices to such party may be delivered.

 

b.      
Form; Delivery; Receipt. ALL NOTICES, DEMANDS AND REQUESTS WHICH MAY BE GIVEN OR
WHICH ARE REQUIRED TO BE GIVEN BY EITHER PARTY TO THE OTHER MUST BE IN WRITING UNLESS OTHERWISE SPECIFIED. Notices, demands
or requests shall be deemed to have been properly given for all purposes only if (i) delivered against a written receipt of delivery,
(ii) mailed by express, registered or certified mail of the United States Postal Service, return receipt requested, postage prepaid,
or (iii) delivered to a nationally recognized overnight courier service for next business day delivery to the receiving party's
address as set forth above or (iv) delivered via telecopier or facsimile transmission to the facsimile number listed above, with
an original counterpart of such communication sent concurrently as specified in subsection (ii) or (iii) above and with written
confirmation of receipt of transmission provided. Each such notice, demand or request shall be deemed to have been received upon
the earlier of the actual receipt or refusal by the addressee or three business days after deposit thereof at any main or branch
United States post office if sent in accordance with subsection (ii) above, and the next business day after deposit thereof with
the courier if sent pursuant to subsection (iii) above. Notices may be given on behalf of any party by such party's legal counsel.

25.   
HOLDING OVER. If Tenant holds over after the Expiration Date or other termination of
this Lease, such holding over shall not be a renewal of this Lease but shall create a tenancy-at-sufferance. Tenant shall
continue to be bound by all of the terms and conditions of this Lease, except that during such tenancy-at-sufferance, Tenant
shall pay to Landlord (i) Base Rent at the rate equal to one hundred fifty percent (150%) of that provided for as of the expiration
or termination date, and (ii) any and all forms of Additional Rent payable under this Lease. The increased Rent during such holding
over is intended to compensate Landlord partially for losses, damages and expenses, including frustrating and delaying Landlord's
ability to secure a replacement tenant. 

26.   
RIGHT TO RELOCATE. 

a.      
Substitute Premises. Prior to the Commencement Date or at any time during the Term
or any extension of this Lease, Landlord, at its option, may substitute for the Premises other space (hereafter called "Substitute
Premises") owned by Landlord or one of its affiliates in the same geographical vicinity. Insofar as reasonably possible, the
Substitute Premises shall be of comparable quality and shall have a comparable square foot area and a configuration substantially
similar to the Premises. Landlord shall give Tenant at least (60) days notice of its intention to relocate Tenant to the Substitute
Premises. This notice will be accompanied by a floor plan of the Substitute Premises. After such notice, Tenant shall have (10)
days within which to agree with Landlord on the proposed Substitute Premises and unless such agreement is reached within such period
of time, Landlord may terminate this Lease at the end of the 60-day period of time following the notice; provided, however, should
Landlord fail to terminate the Lease within 10 days following the expiration of the 60-day period, then: (i) Landlord shall be
deemed to have forfeited its right to terminate the Lease pursuant to this paragraph; (ii) Tenant shall have no obligation to relocate
to the Substitute Premises; and (c) the Lease will continue in full force and effect with respect to the Premises. 

    	 	16	 

    	 

    

b.      
Upfit of Substitute Premises. Landlord agrees to construct or alter, at its expense,
the Substitute Premises as expeditiously as possible so that the Substitute Premises are in substantially the same condition that
the Premises were in immediately prior to the relocation. Landlord shall have the right to reuse the fixtures, improvements and
alterations used in the Premises. Tenant agrees to occupy the Substitute Premises as soon as Landlord's work is substantially completed.

c.       
Relocation Costs. If relocation occurs after the Commencement Date, then Landlord shall
pay Tenant's reasonable third-party costs of moving Tenant's furnishings, telephone and computer wiring, and other property to
the Substitute Premises, and reasonable printing costs associated with the change of address.

d.       Lease
Terms. Except as provided herein, Tenant agrees that all of the obligations of this Lease, including the payment of Rent
(to be determined on a per rentable square foot basis and applied to the Substitute Premises), will continue despite Tenant's
relocation to the Substitute Premises. Upon substantial completion of the Substitute Premises, this Lease will apply to the
Substitute Premises as if the Substitute Premises had been the space originally described in this Lease. In no event shall
base monthly rental increase, even if such Substitute Premises is larger than original premises.

27.   
BROKER'S COMMISSIONS. Each party represents and warrants to the other that it has not
dealt with any real estate broker, finder or other person with respect to this Lease in any manner, except the Broker identified
in Section 1m.  Each party shall indemnify and
hold the other party harmless from any and all damages resulting from claims that may be asserted against the other party by any
other broker, finder or other person (including, without limitation, any substitute or replacement broker claiming to have been
engaged by indemnifying party in the future), claiming to have dealt with the indemnifying party in connection with this Lease
or any amendment or extension hereto, or which may result in Tenant leasing other or enlarged space from Landlord. The provisions
of this paragraph shall survive the termination of this Lease.

28.   
ANTI-TERRORISM LAWS. During the term, neither Tenant nor its respective constituents
or affiliates shall (i) be an “enemy” or an “ally of the enemy” within the meaning of Section 2 of the
Trading with the Enemy Act of the United States of America (50 U.S.C. App. §§ 1 et seq.), as amended, (ii) violate the
Trading with the Enemy Act, as amended, (iii) violate any of the foreign assets control regulations of the United States Treasury
Department (31 CFR, Subtitle B, Chapter V, as amended) or any enabling legislation or executive order relating thereto or (iv)
violate the USA PATRIOT Act (Title III of Pub. L. 107-56 (signed into law October 26, 2001)) (the “Patriot Act”). Tenant
shall, promptly following a request from Landlord, provide all documentation and other information that the Lender requests in
order to comply with its ongoing obligations under applicable "know your customer" and anti-money laundering rules and
regulations, including the Patriot Act.

29.   
GENERAL PROVISIONS/DEFINITIONS. 

a.      
No Agency. Tenant is not and shall never represent itself to be an agent of Landlord,
and Tenant acknowledges that Landlord's title to the Building is paramount, and that Tenant can do nothing to affect or impair
Landlord's title.

b.      
Force Majeure. The term “force majeure” means: fire, flood, extreme
weather, labor disputes, strike, lock-out, riot, government interference (including regulation, appropriation or rationing), unusual
delay in governmental permitting, unusual delay in deliveries or unavailability of materials, unavoidable casualties, Act of God,
or other causes beyond the party’s reasonable control.

c.       
Building Standard Improvements. The term “Building Standard Improvements”
shall mean the standards for normal construction of general office space within the Building as specified by Landlord, including
design and construction standards, electrical load factors, materials, fixtures and finishes.

d.      
Limitation on Damages. Notwithstanding any other provisions in this Lease, neither
Landlord nor Tenant shall be liable to the other for any special, consequential, incidental or punitive damages. 

    	 	17	 

    	 

    

e.       
Satisfaction of Judgments Against Landlord. If Landlord, or its employees, officers,
directors, stockholders or partners are ordered to pay Tenant a money judgment because of Landlord's default under this Lease,
said money judgment may only be enforced against and satisfied out of: (i) Landlord's interest in the Building in which the Premises
are located including the rental income and proceeds from sale; and (ii) any insurance or condemnation proceeds received because
of damage or condemnation to, or of, said Building that are available for use by Landlord. No other assets of Landlord or said
other parties exculpated by the preceding sentence shall be liable for, or subject to, any such money judgment. 

f.       
Interest. Should Tenant fail to pay any amount due to Landlord within 30 days of the
date such amount is due (whether Base Rent, Additional Rent, or any other payment obligation), then the amount due shall thereafter
accrue interest at the rate of twelve percent (12%) per annum, compounded monthly, or the highest permissible rate under applicable
usury law, whichever is less, until the amount is paid in full.

g.       
Legal Costs. Should either party prevail in any legal proceedings against the other
for breach of any provision in this Lease, then the other party shall be liable for the costs and expenses of the prevailing party,
including its reasonable attorneys' fees (at all tribunal levels).

h.      
Sale of Premises or Building. Landlord may sell the Premises or the Building without
affecting the obligations of Tenant hereunder. Upon the sale of the Premises or the Building, Landlord shall be relieved of all
responsibility for the Premises and shall be released from any liability thereafter accruing under this Lease.

i.        
Time of the Essence. Time is of the essence in the performance of all obligations under
the terms of this Lease.

j.        
Transfer of Security Deposit. If any Security Deposit or prepaid Rent has been paid
by Tenant, Landlord may transfer the Security Deposit or prepaid Rent to Landlord's successor and upon such transfer, Landlord
shall be released from any liability for return of the Security Deposit or prepaid Rent.

k.      
Tender of Premises. The delivery of a key or other such tender of possession of the
Premises to Landlord or to an employee of Landlord shall not operate as a termination of this Lease or a surrender of the Premises
unless requested in writing by Landlord.

l.        
Tenant’s Financial Statements. Upon request of Landlord, Tenant agrees to furnish
to Landlord copies of Tenant’s most recent annual, quarterly and monthly financial statements, audited if available. The
financial statements shall be prepared in accordance with generally accepted accounting principles, consistently applied. The financial
statements shall include a balance sheet and a statement of profit and loss, and the annual financial statement shall also include
a statement of changes in financial position and appropriate explanatory notes. Landlord may deliver the financial statements to
any prospective or existing mortgagee or purchaser of the Building.

m.    
Recordation. This Lease may not be recorded without Landlord's prior written consent,
but Tenant and Landlord agree, upon the request of the other party, to execute a memorandum hereof for recording purposes.

n.      
Partial Invalidity. The invalidity of any portion of this Lease shall not invalidate
the remaining portions of the Lease.

o.      
Binding Effect. This Lease shall be binding upon the respective parties hereto, and
upon their heirs, executors, successors and assigns.

p.      
Entire Agreement; Construction. This Lease constitutes the entire agreement between
the parties relating to the subject matter hereof and supersedes any and all previous agreements and understandings, oral or written
relating to the subject matter hereof. The fact that one of the parties to this Lease may be deemed to have drafted or structured
any provision of this Lease shall not be considered in construing or interpreting any particular provision of this Lease, either
in favor of or against such party, and Landlord and Tenant hereby waive any applicable rules of construction or interpretation
to the contrary.

q.      
Good Standing. If requested by Landlord, Tenant shall furnish appropriate legal documentation
evidencing the valid existence in good standing of Tenant, and the authority of any person signing this Lease to act for the Tenant.

r.        
Choice of Law. This Lease shall be interpreted and enforced in accordance with the
laws of the State in which the Premises are located.

    	 	18	 

    	 

    

s.       
Effective Date. This Lease shall become effective as a contract only upon the execution
and delivery by both Landlord and Tenant. The date of execution shall be entered on the top of the first page of this Lease by
Landlord, and shall be the date on which the last party signed the Lease, or as otherwise may be specifically agreed by both parties.
Such date, once inserted, shall be established as the final day of ratification by all parties to this Lease, and shall be the
date for use throughout this Lease as the "Effective Date".

30.   
SPECIAL CONDITIONS. The following special conditions, if any, shall apply, and where
in conflict with earlier provisions in this Lease shall control: None. 

31.   
ADDENDA AND EXHIBITS. If any addenda and/or exhibits are noted below, such addenda
and exhibits are incorporated herein and made a part of this Lease. 

a.      
Lease Addendum Number One – “Work Letter”

b.      
Lease Addendum Number Two – “Additional Rent – Operating Expenses and
Taxes” 

c.       
Exhibit A – Premises

d.      
Exhibit B – Rules and Regulations

e.       
Exhibit C – Commencement Agreement

f.       
Exhibit D – Acceptance of Premises

    	 	19	 

    	 

    

SATISFACTION OF JUDGMENTS AGAINST LANDLORD.
IF LANDLORD, OR ITS EMPLOYEES, OFFICERS, DIRECTORS, MANAGERS, MEMBERS, STOCKHOLDERS OR PARTNERS ARE ORDERED TO PAY TENANT A MONEY
JUDGMENT BECAUSE OF LANDLORD’S DEFAULT UNDER THIS LEASE, SAID MONEY JUDGMENT MAY ONLY BE ENFORCED AGAINST AND SATISFIED OUT
OF: (I) LANDLORD’S INTEREST IN THE BUILDING IN WHICH THE PREMISES ARE LOCATED INCLUDING THE RENTAL INCOME AND PROCEEDS FROM
SALE; AND (II) ANY INSRUANCE OR CONDEMNATION PROCEEDS RECEIVED BECAUSE OF DAMAGE OR CONDEMNATION TO, OR OF, SAID BUILDING THAT
ARE AVAILABLE FOR USE BY LANDLORD.

 

IN
WITNESS WHEREOF, Landlord and Tenant have executed this Lease in four originals, all as of
the day and year first above written.

 

TENANT:

 

SAFETY
QUICK LIGHTING & FANS CORP.,

a Florida corporation

By: /s/ Patricia Barron

Name:Patricia Barron

Title: COO

 

Attest: __________________________________________

Name:__________________________________________

Title: ___________________________________________

 

Date: ___________________________________________

Affix Corporate Seal:

[If Tenant is a corporation, the
authorized officers must sign no behalf of the corporation and indicate the capacity in which they are signing. This Lease must
be executed by the President or Vice President and attested by the Secretary or Assistant Secretary, unless the bylaws or a resolution
of the board of directors shall provide otherwise, in which case, the bylaws or a certified copy of the resolution must be attached
to this Lease. The appropriate corporate seal must also be affixed.]

 

    	 	20	 

    	 

    

LANDLORD:

HIGHWOODS DLF 98/29, LLC

a Delaware limited liability company

By: Highwoods DLF, LLC,
its manager

a Delaware limited
liability company

By: Highwoods
Realty Limited Partnership, its sole member

a North Carolina
limited partnership

By: Highwoods
Properties, Inc., its sole general partner

a Maryland corporation

 

 

By: /s/ Jim Bacchetta

Jim
Bacchetta, Vice President and Division Manager

 

    	 	21	 

    	 

    

LEASE
ADDENDUM NUMBER ONE 

WORK
LETTER. Prior to the Commencement Date, Landlord, at its expense, shall complete the following items of work in the Premises
(collectively, “Landlord’s Work”): (i) repaint the interior of the Premises using Building standard paint; (ii)
replace the existing carpet in the Premises with new Building standard carpet. (iii) remove built in workstations, (iv) install
sink with six foot laminate countertop to also include upper and lower cabinets. Landlord’s Work shall be completed in a
good and workmanlike manner. Any improvements or alterations to the Premises beyond the scope of Landlord’s Work shall be
subject to Landlord’s prior written approval and, if approved, shall be completed at Tenant’s expense.

    	 	22	 

    	 

    

LEASE ADDENDUM NUMBER TWO

ADDITIONAL RENT – OPERATING
EXPENSES AND TAXES

1.      
Operating Expenses. The term “Operating Expenses” shall mean all costs
incurred by Landlord in the provision of services to tenants and in the operation, management, repair, replacement and maintenance
of the Property (as defined below), including, but not limited to, insurance premiums, utilities, heat, air conditioning, janitorial
service, labor, materials, supplies, equipment and tools, permits, licenses, inspection fees, salaries and other reasonable compensation
of maintenance and management personnel (up to and including the level of Property Manager), management fees, and Common Area expenses.

2.      
Exclusions to Operating Expenses. Notwithstanding the foregoing, Operating Expenses
shall not include the following: depreciation on the Building or equipment therein; ground lease rent; advertising, marketing and
promotional costs; interest; executive salaries; real estate brokers’ commissions; Taxes (as defined below); overhead and
profit paid to subsidiaries or affiliates of Landlord for services, supplies or materials provided on or to the Property, to the
extent these costs exceed the amount customarily charged by an independent entity for the same or substantially similar services,
supplies and materials; the cost of any services for which Landlord is reimbursed directly by any tenant; and any expenses that
do not relate to the operation of the Property. Additionally, Operating Expenses shall not include the costs of capital improvements
to the Property; provided, however, Landlord may include in Operating Expenses the costs of the following capital improvements,
amortized on a straight-line basis over their useful lives:

a.      
Any capital improvements made in order to comply with any new laws, rules or regulations or
any changes in existing laws, rules or regulations adopted by any governmental authority after the Commencement Date; and

b.      
Any capital improvements that are designed primarily to promote and protect the health, safety
and well being of the Property’s occupants; and

c.       
Any capital improvements that are designed primarily to reduce Operating Expenses, provided
that the amortized amount of these capital items in any year will be equal to the estimated resulting reduction in Operating Expenses
for the same year.

3.      
Taxes. The term “Taxes” shall mean any fees, charges or assessments related
to the Property that are imposed by any governmental or quasi-governmental authority having jurisdiction over the Property, including,
without limitation, ad valorem real property taxes; franchise taxes; personal property taxes; assessments, special or otherwise,
imposed on the Property; payments in lieu of real estate taxes; sewer rents; transit taxes; and taxes based on rents. Taxes shall
also include the reasonable costs incurred by Landlord in connection with any appeal for a reduction of taxes, including, without
limitation, the costs of legal consultants, appraisers and accountants. Taxes shall not include any inheritance, estate, succession,
transfer, gift, corporate, income or profit tax imposed upon Landlord.

4.      
Property. The term “Property” shall mean the Building and the improvements,
equipment and systems situated therein; the Common Areas; and the real property upon which the Building and Common Areas are situated.

5.      
Tenant’s Proportionate Share. The term “Tenant’s Proportionate Share”
shall mean 0.8896% calculated by dividing the
approximately 1,290 rentable square feet of the Premises by the approximately 145,008 net rentable square feet of the Building.
To the extent any Operating Expenses and/or Taxes are related to the Building and one or more other buildings owned by Landlord
or its affiliate, those Operating Expenses and/or Taxes shall be reasonably allocated by Landlord on an equitable prorata basis
among all of the buildings to which those expenses are related; and Tenant’s Proportionate Share of those expenses shall
be calculated based only on the amount of those expenses allocated to the Building.

6.      
Base Year for Operating Expenses. With respect to calculating Tenant’s Proportionate
Share of Operating Expenses, the term “Base Year” shall mean the twelve-month period beginning on January 1, 2015 and
ending on December 31, 2015.

7.      
Base Year for Taxes. With respect to calculating Tenant’s Proportionate Share
of Taxes, the term “Base Year” shall mean the real property tax year, beginning January 1, 2015 and ending on December
31, 2015. 

8.      
Payment of Additional Rent. For the calendar year commencing on January 1, 2016
and for each calendar

    	 	23	 

    	 

    

year thereafter, Tenant shall pay to
Landlord, as Additional Rent, the following amounts:

a.      
Tenant's Proportionate Share of any increase in Operating Expenses above the amount incurred
during the Base Year for Operating Expenses. If any service, for which the expense may be included in Operating Expenses, is not
provided to all tenants of the Building, Landlord shall adjust the related expense as if the service was provided to all tenants.
Additionally, for any period in which the occupancy of the rentable area of the Building is less than 95%, those portions of Operating
Expenses that vary based on occupancy will be adjusted for the period as if the Building was at 95% occupancy; and

b.      
Tenant's Proportionate Share of any increase in Taxes above the amount incurred during the
Base Year for Taxes.

9.      
Landlord’s Estimate. For the calendar year commencing on January 1, 2016 and
for each calendar year thereafter during the Term, Landlord shall deliver to Tenant a written statement of the reasonable estimated
increase in both Operating Expenses and Taxes for that calendar year above the Operating Expenses and Taxes incurred during the
applicable Base Year. Based on Landlord’s estimate, Tenant shall pay to Landlord Tenant's Proportionate Share of the estimated
increases in both Operating Expenses and Taxes in twelve equal monthly installments, which shall be due and payable at the same
time and in the same manner as Base Rent.

10.   
Annual Reconciliation. Within 180 days after the end of each calendar year or as soon
as possible thereafter, Landlord shall send Tenant an annual statement of the actual Operating Expenses and Taxes for the preceding
calendar year (the “Annual Statement”). Landlord’s failure to render an Annual Statement for any calendar year
shall not prejudice Landlord’s right to issue an Annual Statement with respect to that calendar year or any subsequent calendar
year, nor shall Landlord’s rendering of an incorrect Annual Statement prejudice Landlord’s right subsequently to issue
a corrected Annual Statement. Pursuant to the Annual Statement, Tenant shall pay to Landlord Additional Rent as owed within thirty
days after Tenant’s receipt of the Annual Statement, or Landlord shall adjust Tenant's Rent payments if Landlord owes Tenant
a credit. After the Expiration Date or earlier termination date of the Lease, Landlord shall send Tenant the final Annual Statement
for the Term, and Tenant shall pay to Landlord Additional Rent as owed within thirty days after Tenant’s receipt of the Annual
Statement, or, if Landlord owes Tenant a credit, then Landlord shall pay Tenant a refund. If this Lease expires or terminates on
a day other than December 31, then Additional Rent shall be prorated on a 365-day calendar year (or 366 if a leap year). If
there is a decrease in Operating Expenses in any subsequent year below Operating Expenses for the Base Year, then no Additional
Rent shall be due on account of Operating Expenses; provided, however, Tenant shall not be entitled to any credit, refund or other
payment that would reduce the amount of Tenant’s Proportionate Share of Taxes or other Additional Rent or Base Rent owed
by Tenant. Likewise, if there is a decrease in Taxes in any subsequent year below Taxes for the Base Year, then no Additional Rent
shall be due on account of Taxes; provided, however, Tenant shall not be entitled to any credit, refund or other payment that would
reduce the amount of Tenant’s Proportionate Share of Operating Expenses or other Additional Rent or Base Rent owed by Tenant.

11.   
Tenant’s Review of Operating Expenses and Taxes. No more than once per calendar
year, Tenant, or a qualified professional selected by Tenant (the “Reviewer”),
may review Landlord’s books and records relating to Operating Expenses and Taxes (the “Review”), subject to the
following terms and conditions:

a.      
Tenant must deliver notice of the Review to Landlord within thirty days of Tenant's receipt
of the Annual Statement. Thereafter, Tenant must commence and complete its Review within a reasonable time, not to exceed 180 days
following Tenant’s receipt of the Annual Statement. In order to conduct a Review, Tenant must not be in default under the
Lease beyond any applicable cure period at the time it delivers notice of the Review to Landlord or at the time the Review commences.
No subtenant shall have any right to conduct a Review, and no assigns shall conduct a Review for any period during which such assignee
was not in possession of the Premises. If Tenant elects to have a Reviewer conduct the Review,
the Reviewer must be an independent nationally or regionally recognized accounting firm that is not being compensated by Tenant
on a contingency fee basis. 

b.      
Tenant’s Review shall only extend to Landlord’s books and records specifically
related to Operating Expenses and Taxes for the Property during the calendar year for which the Annual Statement was provided.
Books and records necessary to accomplish any Review shall be retained for twelve months after the end of each calendar year, and,
upon Landlord’s receipt of Tenant’s notice, shall be made available to Tenant to conduct the Review. The Review shall
be conducted during regular business hours at either the Landlord’s

    	 	24	 

    	 

    

division office for the area in
which the Premises are located or Landlord’s home office in Raleigh, North Carolina, as selected by Landlord.

c.       
As a condition to the Review, Tenant and Tenant’s Reviewer shall
execute a written agreement providing that the Reviewer is not being compensated on a contingency fee basis and that all information
obtained through the Review, as well as any compromise, settlement or adjustment reached as a result of the Review, shall be held
in strict confidence and shall not be revealed in any manner to any person except: (i) upon the prior written consent of the Landlord,
which consent may be withheld in Landlord’s sole discretion; (ii) if required pursuant to any litigation between Landlord
and Tenant materially related to the facts disclosed by the Review; or (iii) if required by law. The written agreement may also
set forth Landlord’s reasonable procedures and guidelines for Tenant and Tenant’s Reviewer to follow when conducting
the Review.

d.      
If, after Tenant’s Review, Tenant disputes the amount of Operating Expenses or Taxes
set forth in the Annual Statement, Tenant or Tenant’s Reviewer shall submit a written report to Landlord within thirty days
after the completion of the Review setting forth any claims to be asserted against Landlord as a result of the Review and specific
and detailed explanations as to the reason for the claim(s) (the “Report”). Landlord and Tenant then shall use good
faith efforts to resolve Tenant’s claims set forth in the Report. If the parties do not reach agreement on the claims within
thirty (30) days after Landlord’s receipt of the Report, then the dispute shall be submitted to arbitration as hereinafter
provided. Within twenty days after expiration of the thirty-day period referenced in the foregoing sentence, each party shall appoint
as an arbitrator a reputable independent nationally or regionally recognized accounting firm
with at least ten years experience in accounting related to commercial lease transactions and shall give notice of such
appointment to the other party; provided, however, if Tenant used a Reviewer to perform the Review, the Reviewer shall be deemed
to have been appointed by Tenant as its arbitrator for purposes of this provision. Within ten days after appointment of the second
arbitrator, the two arbitrators shall appoint a third arbitrator who shall be similarly qualified. If the two arbitrators are unable
to agree timely on the selection of the third arbitrator, then either arbitrator on behalf of both, may request such appointment
from the office of the American Arbitration Association ("AAA") nearest to Landlord. The arbitration shall be conducted
in accordance with the rules of the AAA. If the AAA shall cease to provide arbitration for commercial disputes in location, the
third arbitrator shall be appointed by any successor organization providing substantially the same services. Within ten days after
the third arbitrator has been selected, each of the other two arbitrators, on behalf of the party it represents, shall submit a
written statement, along with any supporting document, data, reports or other information, setting forth its determination of the
amount of Operating Expenses or Taxes that are in dispute. The third arbitrator will resolve the dispute by selecting the statement
of one of the parties as submitted to the third arbitrator. Within ten days after the third arbitrator’s receipt of the
statements from the other arbitrators, the third arbitrator shall notify both parties in writing of the arbitrator’s decision.
The decision of the third arbitrator shall be final and binding upon the parties and their respective heirs, executors, successors
and assigns. If either of the parties fails to furnish its statement to the third arbitrator within the time frame specified herein,
the third arbitrator shall automatically adopt the other party’s statement as final and binding. The cost of arbitration
(exclusive of each party’s witness and attorneys’ fees, which shall be paid by the party) shall be shared equally by
the parties.

e.       
If the Review or subsequent arbitration determines that Operating
Expenses and Taxes in the applicable calendar year were overstated, in the aggregate, by ten percent (10%) or more, then Landlord
shall reimburse Tenant for Tenant’s reasonable Review costs; otherwise, Tenant shall pay its own costs in connection with
the Review.

    	 	25	 

    	 

    

EXHIBIT A

PREMISES

 

 

 

 

    	 	26	 

    	 

    

EXHIBIT B

RULES AND REGULATIONS

1.      
Access to Building. On Saturdays, Sundays, legal holidays and weekdays between the
hours of 6:00 P.M. and 8:00 A.M., access to the Building and/or to the halls, corridors, elevators or stairways in the Building
may be restricted and access shall be gained by use of a key or electronic card to the outside doors of the Buildings. Landlord
may from time to time establish security controls for the purpose of regulating access to the Building. Tenant shall be responsible
for providing access to the Premises for its agents, employees, invitees and guests at times access is restricted, and shall comply
with all such security regulations so established.

2.      
Protecting Premises. The last member of Tenant to leave the Premises shall close and
securely lock all doors or other means of entry to the Premises and shut off all lights and equipment in the Premises.

3.      
Building Directories. The directories for the Building in the form selected by Landlord
shall be used exclusively for the display of the name and location of tenants. Any additional names and/or name change requested
by Tenant to be displayed in the directories must be approved by Landlord and, if approved, will be provided at the sole expense
of Tenant.

4.      
Large Articles. Furniture, freight and other large or heavy articles may be brought
into the Building only at times and in the manner designated by Landlord and always at Tenant's sole responsibility. All damage
done to the Building, its furnishings, fixtures or equipment by moving or maintaining such furniture, freight or articles shall
be repaired at Tenant’s expense.

5.      
Signs. Tenant shall not paint, display, inscribe, maintain or affix any sign, placard,
picture, advertisement, name, notice, lettering or direction on any part of the outside or inside of the Building, or on any part
of the inside of the Premises which can be seen from the outside of the Premises, including windows and doors, without the written
consent of Landlord, and then only such name or names or matter and in such color, size, style, character and material as shall
be first approved by Landlord in writing. Landlord, without notice to Tenant, reserves the right to remove, at Tenant's expense,
all matters other than that provided for above.

6.      
Compliance with Laws. Tenant shall comply with all applicable laws, ordinances, governmental
orders or regulations and applicable orders or directions from any public office or body having jurisdiction, whether now existing
or hereinafter enacted with respect to the Premises and the use or occupancy thereof. Tenant shall not make or permit any use of
the Premises which directly or indirectly is forbidden by law, ordinance, governmental regulations or order or direction of applicable
public authority, which may be dangerous to persons or property or which may constitute a nuisance to other tenants.

7.      
Hazardous Materials. Tenant shall not use or permit to be brought into the Premises
or the Building any flammable oils or fluids, or any explosive or other articles deemed hazardous to persons or property, or do
or permit to be done any act or thing which will invalidate, or which, if brought in, would be in conflict with any insurance policy
covering the Building or its operation, or the Premises, or any part of either, and will not do or permit to be done anything in
or upon the Premises, or bring or keep anything therein, which shall not comply with all rules, orders, regulations or requirements
of any organization, bureau, department or body having jurisdiction with respect thereto (and Tenant shall at all times comply
with all such rules, orders, regulations or requirements), or which shall increase the rate of insurance on the Building, its appurtenances,
contents or operation.

8.      
Defacing Premises and Overloading. Tenant shall not place anything or allow anything
to be placed in the Premises near the glass of any door, partition, wall or window that may be unsightly from outside the Premises.
Tenant shall not place or permit to be placed any article of any kind on any window ledge or on the exterior walls; blinds, shades,
awnings or other forms of inside or outside window ventilators or similar devices shall not be placed in or about the outside windows
in the Premises except to the extent that the character, shape, color, material and make thereof is approved by Landlord. Tenant
shall not do any painting or decorating in the Premises or install any floor coverings in the Premises or make, paint, cut or drill
into, or in any way deface any part of the Premises or Building without in each instance obtaining the prior written consent of
Landlord. Tenant shall not overload any floor or part thereof in the Premises, or any facility in the Building or any public corridors
or elevators therein by bringing in or removing any large or heavy articles and Landlord may direct and control the location of
safes, files, and all other heavy articles and, if considered necessary by Landlord may require Tenant at its expense to supply
whatever supplementary supports necessary to properly distribute the weight.

9.      
Obstruction of Public Areas. Tenant shall not, whether temporarily, accidentally or
otherwise, allow

    	 	27	 

    	 

    

anything to remain in, place or store
anything in, or obstruct in any way, any sidewalk, court, hall, passageway, entrance, or shipping area. Tenant shall lend its full
cooperation to keep such areas free from all obstruction and in a clean and sightly condition, and move all supplies, furniture
and equipment as soon as received directly to the Premises, and shall move all such items and waste (other than waste customarily
removed by Building employees) that are at any time being taken from the Premises directly to the areas designated for disposal.
All courts, passageways, entrances, exits, elevators, escalators, stairways, corridors, halls and roofs 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 interest of the Building and
its tenants; provided, however, that nothing herein contained shall be construed to prevent such access to persons with whom Tenant
deals within the normal course of Tenant's business so long as such persons are not engaged in illegal activities.

10.   
Additional Locks. Tenant shall not attach, or permit to be attached, additional locks
or similar devices to any door or window, change existing locks or the mechanism thereof, or make or permit to be made any keys
for any door other than those provided by Landlord. Upon termination of this Lease or of Tenant's possession, Tenant shall immediately
surrender all keys to the Premises.

11.   
Communications or Utility Connections. If Tenant desires signal, alarm or other utility
or similar service connections installed or changed, then Tenant shall not install or change the same without the approval of Landlord,
and then only under direction of Landlord and at Tenant's expense. Tenant shall not install in the Premises any equipment which
requires a greater than normal amount of electrical current for the permitted use without the advance written consent of Landlord.
Tenant shall ascertain from Landlord the maximum amount of load or demand for or use of electrical current which can safely be
permitted in the Premises, taking into account the capacity of the electric wiring in the Building and the Premises and the needs
of other tenants in the Building, and Tenant shall not in any event connect a greater load than that which is safe.

12.   
Office of the Building. Service requirements of Tenant will be attended to only upon
application at the office of Highwoods Properties, Inc. Employees of Landlord shall not perform, and Tenant shall not engage them
to do any work outside of their duties unless specifically authorized by Landlord.

13.   
Restrooms. The restrooms, toilets, urinals, vanities and the 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 shall
be thrown therein. The expense of any breakage, stoppage or damage resulting from the violation of this rule shall be borne by
the Tenant whom, or whose employees or invitees, shall have caused it.

14.   
Intoxication. Landlord reserves the right to exclude or expel from the Building any
person who, in the judgment of Landlord, is intoxicated, or under the influence of liquor or drugs, or who in any way violates
any of the Rules and Regulations of the Building.

15.   
Nuisances and Certain Other Prohibited Uses. Tenant shall not (a) install or operate
any internal combustion engine, boiler, machinery, refrigerating, heating or air conditioning apparatus in or about the Premises;
(b) engage in any mechanical business, or in any service in or about the Premises or Building, except those ordinarily embraced
within the Permitted Use as specified in Section 3 of the Lease; (c) use the Premises for housing, lodging, or sleeping purposes;
(d) prepare or warm food in the Premises or permit food to be brought into the Premises for consumption therein (heating coffee
and individual lunches of employees excepted) except by express permission of Landlord; (e) place any radio or television antennae
on the roof or on or in any part of the inside or outside of the Building other than the inside of the Premises, or place a musical
or sound producing instrument or device inside or outside the Premises which may be heard outside the Premises; (f) use any power
source for the operation of any equipment or device other than dry cell batteries or electricity; (g) operate any electrical device
from which may emanate waves that could interfere with or impair radio or television broadcasting or reception from or in the Building
or elsewhere; (h) bring or permit to be in the Building any bicycle, other vehicle, dog (except in the company of a blind person),
other animal or bird; (i) make or permit any objectionable noise or odor to emanate from the Premises; (j) disturb, harass, solicit
or canvass any occupant of the Building; (k) do anything in or about the Premises which could be a nuisance or tend to injure the
reputation of the Building; (i) allow any firearms in the Building or the Premises except as approved by Landlord in writing.

    	 	28	 

    	 

    

16.   
Solicitation. Tenant shall not canvass other tenants in the Building to solicit business
or contributions and shall not exhibit, sell or offer to sell, use, rent or exchange any products or services in or from the Premises
unless ordinarily embraced within the Tenant's Permitted Use as specified in Section 3 of the Lease.

17.   
Energy Conservation. Tenant shall not waste electricity, water, heat or air conditioning
and agrees to cooperate fully with Landlord to insure the most effective operation of the Building's heating and air conditioning,
and shall not allow the adjustment (except by Landlord's authorized Building personnel) of any controls.

18.   
Building Security. At all times other than normal business hours the exterior Building
doors and suite entry door(s) must be kept locked to assist in security. Problems in Building and suite security should be directed
to Landlord at (404) 321-6555.

19.   
Parking. Parking is in designated parking areas only. There shall be no vehicles in
"no parking" zones or at curbs. Handicapped spaces are for handicapped persons only and the Police Department will ticket
unauthorized (unidentified) cars in handicapped spaces. Landlord reserves the right to remove vehicles that do not comply with
the Lease or these Rules and Regulations and Tenant shall indemnify and hold harmless Landlord from its reasonable exercise of
these rights with respect to the vehicles of Tenant and its employees, agents and invitees.

20.   
Janitorial Service. The janitorial staff will remove all trash from trashcans. Any
container or boxes left in hallways or apparently discarded unless clearly and conspicuously labeled DO NOT REMOVE may be removed
without liability to Landlord. Any large volume of trash resulting from delivery of furniture, equipment, etc., should be removed
by the delivery company, Tenant, or Landlord at Tenant's expense. Janitorial service will be provided after hours five (5) days
a week. All requests for trash removal other than normal janitorial services should be directed to Landlord at (404) 321-6555.

21.   
Construction. Tenant shall make no structural or interior alterations of the Premises.
All structural and nonstructural alterations and modifications to the Premises shall be coordinated through Landlord as outlined
in the Lease. Completed construction drawings of the requested changes are to be submitted to Landlord or its designated agent
for pricing and construction supervision.

 

    	 	29	 

    	 

    

EXHIBIT C

COMMENCEMENT AGREEMENT

This COMMENCEMENT
AGREEMENT (the “Agreement”), made and entered into as of this _______ day of ________________, 2014, by and between
HIGHWOODS DLF 98/29, LLC, a Delaware limited liability company (“Landlord”) and SAFETY QUICK LIGHTING &
FANS CORP., a Florida corporation (“Tenant”);

W I T N E S S E T H :

WHEREAS,
Tenant and Landlord entered into that certain Lease Agreement dated _____________ (the “Lease”), for space designated
as Suite 154, comprising approximately 1,290 rentable square feet, in the One Point Royal Building, located at 4400 North Point
Parkway, City of Atlanta, County of Fulton, State of Georgia; and

WHEREAS, the parties
desire to amend the Rent Schedule and further alter and modify said Lease in the manner set forth below,

NOW, THEREFORE, in
consideration of the mutual and reciprocal promises herein contained, Tenant and Landlord hereby agree that said Lease hereinafter
described be, and the same is hereby modified in the following particulars, effective as of _____________________:

1.      
Lease Term. The definition for “Term”, provided in Section One of the Lease,
entitled “Basic Definitions and Provisions” shall be amended to provide that the Commencement Date is: _____ and the
Expiration Date is: _________. 

2.      
Base Rent. The definition for “Rent”, provided in Section One of the Lease,
entitled “Basic Definitions and Provisions”, shall be amended as follows:

a.      
Base Rent. Subsection 1(f) entitled “Base Rent”, is amended to provide
that the Base Rent for the Term shall be $ __________, instead of $______________.

b.      
Rent Schedule. The rent schedule provided in Subsection 1(f) shall be replaced with
the following rent schedule:

3.      
Miscellaneous. Unless otherwise defined herein, all capitalized terms used in this
Agreement shall have the same definitions ascribed to them in the Lease.

4.      
Lease Effectiveness. Except as modified and amended by this Agreement, the Lease shall
remain in full force and effect.

 

[BALANCE OF PAGE LEFT INTENTIONALLY BLANK;

SIGNATURES ON FOLLOWING PAGE]

    	 	30	 

    	 

    

 

IN WITNESS WHEREOF,
Landlord and Tenant have caused this Agreement to be duly executed, as of the day and year first above written.

Tenant:

SAFETY QUICK LIGHTING & FANS CORP.

a Florida corporation

By: 

Name: 

Title:

Date: 

Attest: 

 Secretary

Corporate Seal:

 

[If Tenant is a corporation, the authorized
officers must sign no behalf of the corporation and indicate the capacity in which they are signing. This Lease must be executed
by the President or Vice President and attested by the Secretary or Assistant Secretary, unless the bylaws or a resolution of the
board of directors shall provide otherwise, in which case, the bylaws or a certified copy of the resolution must be attached to
this Lease. The appropriate corporate seal must also be affixed.]

 

Landlord:

HIGHWOODS DLF 98/29, LLC

a Delaware limited liability company

By: Highwoods DLF, LLC,
its manager

a Delaware limited
liability company

By: Highwoods
Realty Limited Partnership, its sole member

a North Carolina
limited partnership

By: Highwoods
Properties, Inc., its sole general partner

a Maryland corporation

 

 

By: 

Jim Bacchetta, Vice President and Division Manager

    	 	31	 

    	 

    

EXHIBIT D

ACCEPTANCE
OF PREMISES

	Tenant:	 
	Landlord	 
	Date Lease Signed:	 	 
	Term of Lease:	 	Months
	 	 	 
	 
	
         

        Address of Leased Premises

	Suite:	 	Containing approximately	 	square feet, located
	at	 
	 	 
	 
	Commencement Date:	 
	Expiration Date:	 
	 
	The above described Premises are accepted by Tenant as suitable for the purpose for which they were let.  The 
	above described lease term commences and expires on the dates set forth above.  Tenant acknowledges that on
	 	it received from Landlord	 	keys to the Premises.  It is understood that if there is a
	punch list which will be completed after move-in, then said punch list will be an exhibit hereto.
	 
	TENANT	 	LANDLORD
	 	 	 
	(Type/Print Name of Tenant)	 	 (Type/Print Name of Landlord)
	
        (Signature)

         
	 	
        (Signature)

         

	(Type/Pint Name and Title)	 	(Type/Print Name and Title)
	 	 	 	 	 	 	 	 	 	 	 	 	 	 

 

    	 	32

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