Document:

wd_EX10_36

		
			Exhibit 10.36
		

		
			 
		

		
			Walker & Dunlop, Inc.
		

		
			2015 Equity Incentive Plan
		

		
			 
		

		
			Management Deferred Stock Unit Purchase matching Program
		

		
			restricted Stock Unit Agreement
		

		
			COVER SHEET
		

		
			Walker & Dunlop, Inc., a Maryland corporation (the “Company”), hereby grants restricted stock units (the “Restricted Stock Units”) relating to shares of the Company’s common stock, par value $0.01 per share (the “Stock”), to the Participant named below, subject to the vesting conditions set forth below. Additional terms and conditions of the Restricted Stock Units are set forth on this cover sheet and in the attached Restricted Stock Unit Agreement (together, the “Agreement”), in the Company’s Management Deferred Stock Unit Purchase Matching Program (as amended from time to time, the “Matching Program”), and in the Company’s 2015 Equity Incentive Plan (as amended from time to time, the “Plan”).  
		

			
					
						 

					
					
						 

				
	
					
						Grant Date:

					
					
						 

				
	
					
						 

					
					
						 

				
	
					
						Name of Participant: 

					
					
						 

				
	
					
						 

					
					
						 

				
	
					
						Last Four Digits of Participant’s Social Security Number:

					
					
						 

				
	
					
						 

					
					
						 

				
	
					
						Number of Restricted Stock Units:

					
					
						 

				
	
					
						 

					
					
						 

				
	
					
						Vesting Schedule:

					
					
						The Restricted Stock Units shall vest in full on [●], subject to the Participant’s continued Service from the Grant Date through the vesting date. Notwithstanding the foregoing, the Restricted Stock Units are subject to vesting acceleration in accordance with Section 4(g) of the Matching Program.

				

		
			 
		

		
			You agree to all of the terms and conditions described in the Agreement, the Matching Program, and the Plan, copies of which will be provided on request, unless you deliver a notice in writing within thirty (30) days of receipt of this Agreement to the Company stating that you do not accept the terms and conditions described in this Agreement, the Matching Program, and the Plan.  You acknowledge that you have carefully reviewed the Matching Program and the Plan and agree that the Matching Program and the Plan, as applicable, will control in the event any provision of this Agreement should appear to be inconsistent.
		

		
			 
		

		
			 
		

		
			Attachment
		

		
			This is not a stock certificate or a negotiable instrument.
		

		
			
		

		
			

		 

 

		

		
			Walker & Dunlop, Inc.
		

		
			2015 Equity Incentive Plan
		

		
			Management Deferred Stock Unit Purchase matching Program
		

		
			Restricted Stock Unit Agreement
		

			
					
						 

					
					
						 

				
	
					
						Restricted Stock Units

					
					
						This Agreement evidences an award of Restricted Stock Units in the number set forth on the cover sheet and subject to the terms and conditions set forth in the Agreement, the Matching Program, and the Plan.

				
	
					
						 

					
					
						 

				
	
					
						Restricted Stock Unit Transferability

					
					
						Your Restricted Stock Units may not be sold, assigned, transferred, pledged, hypothecated, or otherwise encumbered, whether by operation of law or otherwise, nor may the Restricted Stock Units be made subject to execution, attachment, or similar process.  If you attempt to do any of these things, you will immediately and automatically forfeit your Restricted Stock Units. 

				
	
					
						 

					
					
						 

				
	
					
						Vesting

					
					
						Your Restricted Stock Units will vest in accordance with the vesting schedule set forth on the cover sheet of this Agreement.  Notwithstanding the foregoing, you will forfeit to the Company all of the unvested Restricted Stock Units on the date of your termination of Service. 

				
	
					
						 

					
					
						 

				
	
					
						Delivery

					
					
						Subject to Section 4(d) of the Matching Program, including without limitation any delay required by that section for “specified employees” within the meaning of Section 409A, delivery of the shares of Stock represented by your vested Restricted Stock Units will be made in accordance with your deferral election under the Matching Program and the Company’s Management Deferred Stock Unit Purchase Plan (the “Deferral Election”), which is attached to this Agreement as Exhibit A.  

				
	
					
						 

					
					
						 

				
	
					
						Evidence of Issuance

					
					
						The issuance of the shares of Stock with respect to the Restricted Stock Units will be evidenced in such a manner as the Company, in its discretion, deems appropriate, including, without limitation, book-entry, registration, or issuance of one or more share certificates. 

				
	
					
						 

					
					
						 

				
	
					
						Withholding 

					
					
						You agree to satisfy any tax or withholding obligations in accordance with Section 8 of the Matching Program.

				
	
					
						 

					
					
						 

				
	
					
						Notice and Non-Solicitation

					
					
						The following notice and non-solicitation provisions will apply to you unless you have entered into an applicable employment or other written agreement with the Company or any Affiliate that has more restrictive notice and non-solicitation provisions (in which case, the more restrictive provisions in such employment or other written agreement will apply).

				

		
			 
		

		
			
		

		

		 

		

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						You agree as a condition of the Restricted Stock Units that in the event you decide to leave the Company or an Affiliate for any reason, you will provide the Company or the Affiliate with thirty (30) days’ prior notice of your departure (during which period, in the Company’s or its Affiliate’s sole discretion, you may be placed on paid leave), and you will not commence employment with anyone else during that period.  For a period of ninety (90) days following the termination of your Service for any reason, you will not directly or indirectly solicit any employees of the Company or its Affiliates for employment or encourage any employee to leave the Company or any Affiliate.

				
	
					
						 

					
					
						 

				
	
					
						Retention Rights

					
					
						This Agreement and the grant of Restricted Stock Units evidenced by this Agreement do not give you the right to be retained by the Company or any Affiliate in any capacity.  Unless otherwise specified in an employment or other written agreement between the Company or any Affiliate, as applicable, and you, the Company or an Affiliate, as applicable, reserves the right to terminate your Service with the Company or an Affiliate at any time and for any reason.

				
	
					
						 

					
					
						 

				
	
					
						Stockholder Rights

					
					
						You have no rights as a stockholder with respect to the Restricted Stock Units unless and until the Stock relating to the Restricted Stock Units has been delivered to you.  You will, however, be entitled to receive, upon the Company’s payment of a cash dividend on outstanding Stock, a Dividend Equivalent Right in additional Restricted Stock Units for each Restricted Stock Unit that you hold as of the record date for such dividend equal to the per-share dividend paid on the Stock.  The Dividend Equivalent Rights shall be governed by your Deferral Election.  

				
	
					
						 

					
					
						 

				
	
					
						Clawback

					
					
						The Restricted Stock Units are subject to mandatory repayment by you to the Company to the extent you are or in the future become subject to any Company or Affiliate “clawback” or recoupment policy or Applicable Laws that require the repayment by you to the Company of compensation paid by the Company to you in the event that you fail to comply with, or violate, the terms or requirements of such policy or Applicable Laws.

					
						 

					
						If the Company is required to prepare an accounting restatement due to the material noncompliance of the Company, as a result of misconduct, with any financial reporting requirement under Applicable Laws, and you are subject to automatic forfeiture under Section 304 of the Sarbanes-Oxley Act of 2002 or you knowingly engaged in the misconduct, were grossly negligent in engaging in the misconduct, knowingly failed to prevent the misconduct, or were grossly negligent in

				

		
			 
		

		
			
		

		

		 

		

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						failing to prevent the misconduct, you shall reimburse the Company the amount of any payment in settlement of the Restricted Stock Units earned or accrued during the twelve (12)-month period following the first public issuance or filing with the Securities and Exchange Commission (whichever first occurred) of the financial document that contained such material noncompliance.

				
	
					
						 

					
					
						 

				
	
					
						Applicable Law

					
					
						This Agreement will be interpreted and enforced under the laws of the State of Maryland, other than any conflicts or choice of law rule or principle that might otherwise refer construction or interpretation of this Agreement to the substantive law of another jurisdiction.

				
	
					
						 

					
					
						 

				
	
					
						The Matching Program and the Plan 

					
					
						The text of the Matching Program and the Plan is incorporated into this Agreement by reference. 

					
						 

					
						Certain capitalized terms used in this Agreement are defined in the Matching Program or the Plan and have the meaning set forth in the Matching Program or the Plan, as applicable.

					
						 

					
						This Agreement, the Matching Program, and the Plan constitute the entire understanding between you and the Company regarding the Restricted Stock Units.  Any prior agreements, commitments, or negotiations concerning the Restricted Stock Units are superseded.

				
	
					
						 

					
					
						 

				
	
					
						Data Privacy

					
					
						To administer the Matching Program and the Plan, the Company may process personal data about you.  Such data includes, but is not limited to, information provided in this Agreement and any changes thereto, other appropriate personal and financial data about you, such as your contact information, payroll information, and any other information that might be deemed appropriate by the Company to facilitate the administration of the Matching Program and the Plan.  By accepting the Restricted Stock Units, you give explicit consent to the Company to process any such personal data.

				
	
					
						 

					
					
						 

				
	
					
						Disclaimer of Rights

					
					
						The grant of Restricted Stock Units under this Agreement will in no way be interpreted to require the Company to transfer any amounts to a third party trustee or otherwise hold any amounts in trust or escrow for payment to you.  You will have no rights under this Agreement, the Matching Program, or the Plan other than those of a general unsecured creditor of the Company.  Restricted Stock Units represent unfunded and unsecured obligations of the Company, subject to the terms and conditions of the Matching Program, the Plan, and this Agreement. 

				
	
					
						 

					
					
						 

				
	
					
						Electronic Delivery

					
					
						By accepting the Restricted Stock Units, you consent to receive documents related to the Restricted Stock Units by electronic delivery and, if requested, agree to participate in the Plan and Matching Program 

				

		
			 
		

		
			
		

		

		 

		

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						through an on-line or electronic system established and maintained by the Company or another third party designated by the Company, and your consent shall remain in effect throughout your term of Service and thereafter until you withdraw such consent in writing to the Company.

				
	
					
						 

					
					
						 

				
	
					
						Code Section 409A

					
					
						The grant of Restricted Stock Units under this Agreement is intended to comply with Code Section 409A (“Section 409A”) to the extent subject thereto, and, accordingly, to the maximum extent permitted, this Agreement will be interpreted and administered to be in compliance with Section 409A.  Notwithstanding anything to the contrary in the Plan, the Matching Program, or this Agreement, neither the Company, its Affiliates, the Board, nor the Committee will have any obligation to take any action to prevent the assessment of any excise tax or penalty on you under Section 409A, and neither the Company, its Affiliates, the Board, nor the Committee will have any liability to you for such tax or penalty.  For purposes of this grant, a termination of Service only occurs upon an event that would be a Separation from Service within the meaning of Section 409A.  

				

		
			 
		

		
			By accepting this Agreement, you agree to all of the terms and conditions described above, in the Matching Program, and in the Plan.
		

		
			 
		

		
			 
		

		
			

		 

		

			5

		

 

		

		
			Exhibit A
		

		
			[See posted Deferral Election Agreement]
		

		 

		

			A-1FY2017 10-K Exhibit 10.4

                                                                                                                        Exhibit 10.4 

                                       THIRD AMENDMENT TO LEASE

                                                   (Redmond)

THIS THIRD AMENDMENT TO LEASE ("Third Amendment") is made and entered into as of _______________, 2017, by and between BRE WA
OFFICE OWNER LLC, a Delaware limited liability company ("Landlord") and MICROVISION, INC., a Delaware corporation ("Tenant").

R E C I T A L S:

A.Carramerica Realty Operating Partnership, L.P., Delaware limited partnership ("Original Landlord") and Tenant entered into that certain Lease dated as of
June 14, 2005 (the "Original Lease"), as amended by (i) that certain First Amendment to Lease dated as of June 1, 2006 ("First Amendment") by and between Original Landlord
and Tenant, and (ii) that certain Second Amendment to Lease dated as of January 15, 2013 ("Second Amendment") by and between Arden Realty Limited Partnership, a Maryland
limited partnership ("Successor Landlord") and Tenant, whereby Tenant leases certain office space located in that certain building located and addressed at 6244 185th
Avenue NE, Redmond, Washington 98052 (the "Building").  The Original Lease, as amended by the First Amendment and Second Amendment, may be referred to herein as the
"Lease."  Landlord is the successor-in-interest to Successor Landlord.

B.By this Third Amendment, Landlord and Tenant desire to expand the Existing Premises (as defined below), extend the Extended Term (as defined in Section 3 of
the Second Amendment) and to otherwise modify the Lease as provided herein.

C.Unless otherwise defined herein, capitalized terms as used herein shall have the same meanings as given thereto in the Original Lease.

NOW, THEREFORE, in consideration of the foregoing recitals and the mutual covenants contained herein, and for other good and valuable consideration, the receipt and
sufficiency of which are hereby acknowledged, the parties hereto hereby agree as follows:

A G R E E M E N T:

	The Existing Premises.  Landlord and Tenant hereby agree that pursuant to the Lease, Landlord currently leases to Tenant and Tenant currently leases from
Landlord that certain office space in the Building containing 23,917 rentable square feet located on the first (1st) floor of the Building and known as Suite 100 (the "Existing
Premises"), as outlined on Appendix "A" to the Original Lease.

	Expansion of the Existing Premises.  That certain space located on the second (2nd) floor of the Building consisting of 7,225 rentable square
feet designated as Suite 225, as outlined on the floor plan attached hereto as Exhibit "A" and made a part hereof, may be referred to herein as the "Expansion Space."  Effective
as of the date (the "Expansion Commencement Date"), which is the earlier of (i) the date Tenant commences business operations in the Expansion Space, or (ii) December
1, 2017, Tenant shall lease from Landlord and Landlord shall lease to Tenant the Expansion Space.  Accordingly, effective upon the Expansion Commencement Date, the Existing Premises shall
be increased to include the Expansion Space.  Landlord and Tenant hereby agree that such addition of the Expansion Space to the Existing Premises shall, effective as of the Expansion
Commencement Date, increase the number of rentable square feet leased by Tenant in the Building to a total of 31,142 rentable square feet.  Effective as of the Expansion Commencement
Date, all references to the "Premises" shall mean and refer to the Existing Premises as expanded by the Expansion Space.

	Extended Lease Term.  

3.1.   Third Amendment Extended Term.  The New Expiration Date (as defined in Section 3 of the Second Amendment) shall be extended such that the Lease
shall expire on the date ("Third Amendment Expiration Date") immediately preceding the 65th monthly anniversary of the Expansion Commencement Date; provided,
however, that if the Expansion Commencement Date is a date other than the first (1st) day of a month, the Third Amendment Expiration Date shall be the last day of the month
which is 65 months after the month in which

the Expansion Commencement Date falls.  The period from the Expansion Commencement Date through the Third Amendment Expiration Date
specified above, shall be referred to herein as the "Third Amendment Extended Term."  Tenant shall not have any right to extend the Lease beyond the Third Amendment Extended
Term; consequently, Addendum 1 of the Original Lease shall be null and void.

3.2.   Renewal Term.  Tenant shall have the option to extend the Third Amendment Extended Term for one (1) period of five (5) years in accordance with, and
subject to, Addendum 1 of the Original Lease; provided, however, that (i) all references in Addendum 1 to the "Termination Date" shall mean the Third Amendment Expiration
Date (as defined in Section 3.1 above), and (ii) the reference to ninety-five percent (95%) in the first line of Section (A) of Addendum 1 shall be revised to one hundred
percent (100%).

	Base Rent.  Commencing on the Expansion Commencement Date and continuing through the Third Amendment Expiration Date, Tenant shall pay in
accordance with the provisions of this Section 4, monthly Base Rent for the entire Premises as follows:

	
Months
	
Monthly Base Rent
	
Annual Base Rent Per
Rentable Square Foot

	
1 - 12*
	
$51,903.33**
	
$20.00

	
13 - 29*
	
$53,460.43
	
$20.60

	
30 - 41
	
$55,069.44
	
$21.22

	
42 - 53
	
$56,704.39
	
$21.85

	
54 - 65
	
$58,417.20
	
$22.51

	
*Commencing on the Expansion Commencement Date the Base Rent schedule in Section 4 of the Second Amendment is deleted in its entirety and is replaced with the Base Rent schedule
above.

**Plus any partial month at the beginning of the Third Amendment Extended Term and subject to abatement for the Expansion Space as described in Section 5 below.

	Rental Abatement.  Notwithstanding anything to the contrary contained in the Lease or in this Third Amendment, and provided that Tenant faithfully performs
all of the terms and conditions of the Lease, as amended by this Third Amendment, Landlord hereby agrees to abate Tenant's obligation to pay monthly Base Rent for the Expansion Space only
for the first four (4) months of the Third Amendment Extended Term.  During such abatement period, Tenant shall still be responsible for the payment of all of its other monetary obligations under
the Lease, as amended by this Third Amendment; provided, however, Landlord hereby agrees to abate Tenant's obligation to pay its Operating Costs Share Rent and Tax Share Rent for the
Expansion Space only for the first three (3) months of the Third Amendment Extended Term.  In the event of a default by Tenant under the terms of the Lease, as amended by this Third
Amendment, that results in early termination pursuant to the provisions of Section 13 of the Original Lease, then as a part of the recovery set forth in Section 13 of the Original Lease, Landlord
shall be entitled to the recovery of the monthly Base Rent and Operating Costs Share Rent and Tax Share Rent that was abated under the provisions of this Section 5.  The amount of
Base Rent and Tenant's Operating Costs Share Rent and Tax Share Rent to be abated pursuant to this Section 5 may be referred herein as "Abated Rent Amount."
Notwithstanding the foregoing or anything to the contrary contained herein, upon written notice to Tenant, Landlord shall have the option to purchase all or any portion of Tenant's Abated Rent
Amount by paying such amount to Tenant, in which case the amount so paid to Tenant shall nullify an equivalent amount of abatement of Tenant's Base Rent and Tenant's Operating Costs
Share Rent and Tax Share Rent for the Expansion Space as to the period so designated by Landlord in Landlord's written notice to Tenant.

                                                       -2-

	Tenant's Proportionate Share.  Effective as of the Expansion Commencement Date and continuing throughout the Third Amendment Extended Term,
(i) Tenant's Proportionate Share of Operating Costs Share Rent and Tax Share Rent for the Premises shall be increased to 64.5510%; provided, however, that due to the abatement
described in Section 5 above, Tenant shall pay Tenant's Proportionate Share of Operating Costs Share Rent and Tax Share Rent for the first three (3) months of the Third Amendment
Extended Term with a Proportionate Share of 49.5751%.

	Refurbishment Allowance.  Tenant shall be entitled to further renovate the Premises in accordance with this Section 7.  In connection therewith,
Tenant shall be entitled to a tenant refurbishment allowance (collectively, the "Refurbishment Allowance") in the amount of $711,782.00 (based on $29.00 per rentable square foot of the
Expansion Space plus $21.00 per rentable square foot of the Existing Premises) for the costs relating to the design and construction of renovations to the tenant improvements in the Expansion
Space and/or the Existing Premises that are to be permanently affixed to the Expansion Space and/or the Existing Premises (such renovations may be collectively referred to herein as the
"Refurbishment Improvements") and the other Refurbishment Allowance Items described below.  

7.1.   Refurbishment Allowance Items.  The Refurbishment Allowance shall be disbursed by Landlord for the following items and costs only (collectively the
"Refurbishment Allowance Items"):  (a) payment of the fees of the architect and engineer(s) retained by Tenant (if any), and payment of the fees incurred by, and the cost of
documents and materials supplied by, Landlord and Landlord's consultants in connection with the review of the plans and specifications prepared for the Refurbished Improvements
("Refurbishment Drawings"), (b) the payment of plan check, permit and license fees relating to construction of the Refurbished Improvements (Landlord or the general contractor shall
submit for such permits and licenses), (c) the cost of construction of the Refurbished Improvements including, without limitation, testing and inspection costs, trash removal costs, and
contractors' fees and general conditions, (d) the cost of any changes in the Building when such changes are required by the Refurbishment Drawings or the Refurbished Improvements,
such cost to include all architectural and/or engineering fees and expenses incurred in connection therewith, and (e) a coordination fee to Landlord in the amount of 3% of the cost of
design and construction of the Refurbished Improvements, and (f) the cost of furniture, trade fixtures, equipment, moving costs and cabling for the Premises and, upon prior written notice to
Landlord, as a credit toward monthly Base Rent for the Premises (collectively, the "Miscellaneous Items"), provided that the maximum amount of the Refurbishment Allowance which
may be applied to Miscellaneous Items under this Section 7.1(f) shall be $280,278.00 (based on $9.00 per rentable square foot of the Premises).

7.2.   Refurbishment Drawings.  To the extent necessary based on the scope of the Refurbished Improvements, Tenant shall retain an architect/space planner
reasonably approved by Landlord (the "Architect") to prepare any necessary Refurbishment Drawings for the Refurbished Improvements.  If necessary (as determined by Landlord in its
reasonable discretion), Tenant shall also retain the engineering consultants reasonably approved by Landlord (the "Engineers") to prepare all plans and engineering working drawings
relating to the structural, mechanical, electrical, plumbing, HVAC and life safety work of the Refurbished Improvements.  Any Refurbishment Drawings shall be subject to Landlord's approval,
which approval shall not unreasonably withheld.

7.3.   Contractor.  The contractor which shall construct the Improvements shall be a contractor selected pursuant to the following procedure.  Initially, the
Refurbishment Drawings shall be submitted by Landlord to a general contractor mutually agreed upon by Landlord and Tenant.  Landlord will request that such general contractor submit a bid to
Landlord.  Upon receipt of such bid, Landlord and Tenant shall make a determination as to whether such general contractor's bid is fair and reasonable considering overall cost and ability to
meet Landlord's construction schedule.  If the parties do agree to retain such general contractor, such general contractor shall be required to submit all subcontracts to a competitive bidding
process to at least three (3) subcontractors.  If the parties are not able to agree upon a single general contractor, or if the mutually agreed upon general contractor's bid is not considered
fair and reasonable, then the Refurbishment Drawings shall be submitted by Landlord to three (3)

                                                       -3-

general contractors selected by Landlord and reasonably approved by Tenant.  Each such
contractor shall be invited to submit a sealed, fixed price contract bid (on such bid form as Landlord shall designate) to construct the Refurbished Improvements.  Each contractor shall be notified
in the bid package of the time schedule for construction of the Refurbished Improvements.  The subcontractors utilized by the Contractor shall be subject to Landlord's reasonable approval and
the bidding instructions shall provide that as to work affecting the structure of the Building and/or the systems and equipment of the Building, Landlord shall be entitled to designate the
subcontractors.  The bids shall be submitted promptly to Landlord and a reconciliation shall be performed by Landlord to adjust inconsistent or incorrect assumptions so that a like-kind
comparison can be made and a low bidder determined.  Landlord shall select the contractor based on overall cost, reputation, and ability to meet Landlord's construction schedule.  The general
contractor selected pursuant to this Section 7.3 shall be retained by Landlord and may be referred to herein as the "Contractor".

7.4.   Cost of the Refurbished Improvements.  After the Refurbishment Drawings are approved by Landlord and Tenant, Landlord shall provide Tenant with a
cost proposal in accordance with the Refurbishment Drawings, which cost proposal shall include, as nearly as possible, all costs to be incurred in connection with the construction of the
Refurbished Improvements (the "Cost Proposal").  Tenant shall approve and deliver the Cost Proposal to Landlord prior to commencement or construction.  In the event the cost of
design and construction or the Refurbished Improvements and the other Refurbishment Allowance Items exceeds the Refurbishment Allowance, Tenant shall deliver to Landlord, within ten (10)
days after invoicing, an amount (the "Over-Allowance Amount") equal to the difference between (a) the total cost of design and construction of the Refurbished Improvements and
the other Refurbishment Allowance Items and (b) the amount of the Refurbishment Allowance.  In no event shall Tenant be entitled to any credit for any portion or the Refurbishment
Allowance not used or applied by March 31, 2018.

7.5.   Completion of the Refurbished Improvements.  Tenant acknowledges that the Refurbished Improvements will be constructed in the Existing Premises
during the current Extended Term, that certain inconveniences may be associated with such construction, but that Tenant shall not be entitled to any abatement of rent nor shall Tenant he
deemed to be constructively evicted from the Premises as a result of such construction.  Except as specifically set forth in this Section 7, Tenant hereby agrees to accept the Premises in
its "as-is" condition and Tenant hereby acknowledges that Landlord shall not be obligated to provide or pay for any improvement work or services related to the improvement of the Premises.
Tenant also acknowledges that Landlord has made no representation or warranty regarding the condition of the Premises.

	Letter of Credit.  Section 8 of the Second Amendment shall remain in full force and effect during the Third Amendment Extended Term; provided, however (i)
all references to the "Second Amendment" shall mean and refer to the Third Amendment, (ii) all references to the "Extended Term" shall mean and refer to the Third Amendment Extended Term,
and (iii) Section 8.2(B)(2) shall be deleted in its entirety and replaced with the following: "to reimburse Landlord for costs incurred by Landlord in connection with the Lease (as amended)
(including, without limitation, the unamortized portion or the Refurbishment Allowance provided under the Third Amendment, brokerage commissions and attorneys' fees calculated over a
forty-eight (48) month amortization period commencing as of February 1, 2019)."

	Brokers.  Each party represents and warrants to the other that no broker, agent or finder negotiated or was instrumental in negotiating or consummating this
Third Amendment other than Washington Partners Corporate Real Estate, Inc. (representing Tenant) and Broderick Group (representing Landlord), each of whom shall be compensated by
Landlord pursuant to a separate agreement.  Each party further agrees to defend, indemnify and hold harmless the other party from and against any claim for commission or finder's fee by any
other person or entity who claims or alleges that they were retained or engaged by the first party or at the request of such party in connection with this Third Amendment.

	Defaults.  Tenant hereby represents and warrants to Landlord that, as of the date of this Third Amendment, Tenant is in full compliance with all terms,
covenants and conditions of the Lease and that there are no breaches or defaults under the Lease by Landlord or Tenant, and that Tenant knows of no events or circumstances which, given the
passage of time, would constitute a default under the Lease by either Landlord or Tenant.

                                                       -4-

	No Further Modification.  Except as set forth in this Third Amendment, all of the terms and provisions of the Lease shall apply with respect to the Expansion
Space and shall remain unmodified and in full force and effect.  Effective as of the Expansion Commencement Date, all references to the "Lease" shall refer to the Lease as amended by this
Third Amendment.

IN WITNESS WHEREOF, this Third Amendment has been executed as of the day and year first above written.

	
"LANDLORD"
	
BRE WA OFFICE OWNER LLC,

a Delaware limited liability company

By: ______________________________

Print Name: ________________________  

Its: ______________________________

	 	 
	
"TENANT"
	
MICROVISION, INC.,

   a Delaware corporation

By: ______________________________

Print Name: ________________________  

Title: ______________________________

By: ______________________________

Print Name: ________________________  

Title: ______________________________

   

   

   

                                                       -5-

	
STATE OF WASHINGTON 

   

COUNTY OF ___________________________

	
 )

 )

 )

I certify that I know or have satisfactory evidence that _____________________________________________ is the person who appeared before me, and said person acknowledged that
he/she signed this instrument, on oath stated that he/she was authorized to execute the instrument and acknowledged it as the __________________________ of
________________________________________________________ to be the free and voluntary act of such party for the uses and purposes mentioned in the instrument.

Dated: _______________________

	
   

   

   

(Seal or stamp) 

	
 ____________________________________

                  (Signature)

 ____________________________________

 (Name legibly printed or stamped)

Notary Public in and for the State of Washington

residing at ______________________________________

___________________________________________________

My appointment expires _____________________________

   

   

   

	
STATE OF WASHINGTON 

   

COUNTY OF ___________________________

	
 )

 )

 )

I certify that I know or have satisfactory evidence that _____________________________________________ is the person who appeared before me, and said person acknowledged that
he/she signed this instrument, on oath stated that he/she was authorized to execute the instrument and acknowledged it as the __________________________ of
________________________________________________________ to be the free and voluntary act of such party for the uses and purposes mentioned in the instrument.

Dated: _______________________

	
   

   

   

(Seal or stamp) 

	
 ____________________________________

                  (Signature)

 ____________________________________

 (Name legibly printed or stamped)

Notary Public in and for the State of Washington

residing at ______________________________________

___________________________________________________

My appointment expires _____________________________

   

   

   

                                                       -6-

	
STATE OF ________________________

   

COUNTY OF ________________________

	
 )

 )

 )

I certify that I know or have satisfactory evidence that _____________________________________________ is the person who appeared before me, and said person acknowledged that
he/she signed this instrument, on oath stated that he/she was authorized to execute the instrument and acknowledged it as the __________________________ of
________________________________________________________ to be the free and voluntary act of such party for the uses and purposes mentioned in the instrument.

Dated: _______________________

	
   

   

   

(Seal or stamp) 

	
 ____________________________________

                  (Signature)

 ____________________________________

 (Name legibly printed or stamped)

Notary Public in and for the State of Washington

residing at ______________________________________

___________________________________________________

My appointment expires _____________________________

   

   

   

   

   

   

   

   

                                                       -7-

EXHIBIT "A"

OUTLINE OF EXPANSION SPACE

   

   

   

   

   

   

   

   

This Exhibit "A" is provided for informational purposes only and is intended to be only an approximation of the layout of the Expansion Space and shall not be deemed to constitute
any representation by Landlord as to the exact layout or configuration of the Expansion Space.

                                                       EXHIBIT "A"
-1-

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00279-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00279-of-00352.parquet"}]]