Document:

Exhibit 10.32

 

INDEMNIFICATION
AGREEMENT

 

INDEMNIFICATION AGREEMENT
(this “Agreement”), dated _________, by and between 1847 Holdings LLC,
a Delaware limited liability company (the “Company”), and the undersigned (the “Indemnitee”).

 

RECITALS

 

A. The
Company desires to attract and retain the services of highly qualified individuals as directors, officers, employees and agents.

 

B. The
Company’s Second Amended and Restated Operating Agreement, as amended (the “Operating Agreement”) requires that
the Company indemnify its directors and executive officers as authorized by the Delaware Limited Liability Company Act (the “Act”),
under which the Company is organized, and the Operating Agreement expressly provides that the indemnification provided therein is not
exclusive and contemplates that the Company may enter into separate agreements with its directors, officers and other persons to set forth
specific indemnification provisions.

 

C. The
Indemnitee may not regard the protection currently provided by applicable law, the Company’s governing documents and available insurance,
if any, as adequate under the present circumstances, and the Company has determined that the Indemnitee may not be willing to serve the
Company without additional protection.

 

D. The
Company desires and has requested the Indemnitee to serve as a director and/or executive officer of the Company and has proffered this
Agreement to the Indemnitee as an additional inducement to serve in such capacity.

 

AGREEMENT

 

NOW, THEREFORE, in consideration
of the mutual covenants and agreements set forth herein, the parties hereto, intending to be legally bound, hereby agree as follows:

 

1. Indemnity
of Indemnitee. The Company hereby agrees to hold harmless and indemnify the Indemnitee to the fullest extent permitted
by law, as such may be amended from time to time. In furtherance of the foregoing indemnification, and without limiting the generality
thereof:

 

(a) Proceedings
Other Than Proceedings by or in the Right of the Company. Indemnitee shall be entitled to the rights of indemnification provided in
this Section 1(a) if, by reason of the Indemnitee’s Corporate Status (as hereinafter defined), the Indemnitee is, or is threatened
to be made, a party to or participant in any Proceeding (as hereinafter defined) other than a Proceeding by or in the right of the Company.
Pursuant to this Section 1(a), the Indemnitee shall be indemnified against all Expenses (as hereinafter defined), judgments, penalties,
fines and amounts paid in settlement actually and reasonably incurred by the Indemnitee, or on the Indemnitee’s behalf, in connection
with such Proceeding or any claim, issue or matter therein, if the Indemnitee acted in good faith and in a manner the Indemnitee reasonably
believed to be in or not opposed to the best interests of the Company, and with respect to any criminal Proceeding, had no reasonable
cause to believe the Indemnitee’s conduct was unlawful.

 

     

     

    

 

(b) Proceedings
by or in the Right of the Company. The Indemnitee shall be entitled to the rights of indemnification provided in this Section 1(b)
if, by reason of the Indemnitee’s Corporate Status, the Indemnitee is, or is threatened to be made, a party to or participant in
any Proceeding brought by or in the right of the Company. Pursuant to this Section 1(b), the Indemnitee shall be indemnified against
all Expenses actually and reasonably incurred by the Indemnitee, or on the Indemnitee’s behalf, in connection with such Proceeding
if the Indemnitee acted in good faith and in a manner the Indemnitee reasonably believed to be in or not opposed to the best interests
of the Company; provided, however, if applicable law so provides, no indemnification against such Expenses shall be made
in respect of any claim, issue or matter in such Proceeding as to which the Indemnitee shall have been adjudged to be liable to the Company
unless and to the extent that the Court of Chancery of the State of Delaware shall determine that such indemnification may be made.

 

(c) Indemnification
for Expenses of a Party Who is Wholly or Partly Successful. Notwithstanding any other provision of this Agreement, to the extent that
the Indemnitee is, by reason of the Indemnitee’s Corporate Status, a party to and is successful, on the merits or otherwise, in
any Proceeding, the Indemnitee shall be indemnified to the maximum extent permitted by law, as such may be amended from time to time,
against all Expenses actually and reasonably incurred by the Indemnitee or on the Indemnitee’s behalf in connection therewith. If
the Indemnitee is not wholly successful in such Proceeding but is successful, on the merits or otherwise, as to one or more but less than
all claims, issues or matters in such Proceeding, the Company shall indemnify the Indemnitee against all Expenses actually and reasonably
incurred by the Indemnitee or on the Indemnitee’s behalf in connection with each successfully resolved claim, issue or matter. For
purposes of this Section and without limitation, the termination of any claim, issue or matter in such a Proceeding by dismissal, with
or without prejudice, shall be deemed to be a successful result as to such claim, issue or matter.

 

(d) Indemnification
of Appointing Shareholder. If (i) the Indemnitee is or was affiliated with one or more venture capital funds that has invested in
the Company (an “Appointing Shareholder”), and (ii) the Appointing Shareholder is, or is threatened to be made, a party
to or a participant in any Proceeding, and (iii) the Appointing Shareholder’s involvement in the Proceeding (A) arises primarily
out of, or relates to, any action taken by the Company that was approved by the Company’s board of directors (the “Board),
and (B) arises out of facts or circumstances that are the same or substantially similar to the facts and circumstances that form the basis
of claims that have been, could have been or could be brought against the Indemnitee in a Proceeding, regardless of whether the legal
basis of the claims against the Indemnitee and the Appointing Shareholder are the same or similar, then the Appointing Shareholder shall
be entitled to all of the indemnification rights and remedies under this Agreement pursuant to this Agreement as if the Appointing Shareholder
were the Indemnitee.

 

2. Additional
Indemnity. In addition to, and without regard to any limitations on, the indemnification provided for in Section 1
of this Agreement, the Company shall and hereby does indemnify and hold harmless the Indemnitee against all Expenses, judgments, penalties,
fines and amounts paid in settlement actually and reasonably incurred by the Indemnitee or on the Indemnitee’s behalf if, by reason
of the Indemnitee’s Corporate Status, the Indemnitee is, or is threatened to be made, a party to or participant in any Proceeding
(including a Proceeding by or in the right of the Company), including, without limitation, all liability arising out of the negligence
or active or passive wrongdoing of Indemnitee. The only limitation that shall exist upon the Company’s obligations pursuant to this
Agreement shall be that the Company shall not be obligated to make any payment to the Indemnitee that is finally determined (under the
procedures, and subject to the presumptions, set forth in Sections 6 and 7 hereof) to be unlawful.

 

    2

     

    

 

3. Contribution.

 

(a) Whether
or not the indemnification provided in Sections 1 and 2 hereof is available, in respect of any threatened, pending or completed
action, suit or proceeding in which the Company is jointly liable with the Indemnitee (or would be if joined in such action, suit or proceeding),
the Company shall pay, in the first instance, the entire amount of any judgment or settlement of such action, suit or proceeding without
requiring Indemnitee to contribute to such payment and the Company hereby waives and relinquishes any right of contribution it may have
against the Indemnitee. The Company shall not enter into any settlement of any action, suit or proceeding in which the Company is jointly
liable with the Indemnitee (or would be if joined in such action, suit or proceeding) unless such settlement provides for a full and final
release of all claims asserted against the Indemnitee.

 

(b) Without
diminishing or impairing the obligations of the Company set forth in the preceding subsection, if, for any reason, the Indemnitee shall
elect or be required to pay all or any portion of any judgment or settlement in any threatened, pending or completed action, suit or proceeding
in which the Company is jointly liable with the Indemnitee (or would be if joined in such action, suit or proceeding), the Company shall
contribute to the amount of Expenses, judgments, fines and amounts paid in settlement actually and reasonably incurred and paid or payable
by the Indemnitee in proportion to the relative benefits received by the Company and all officers, directors or employees of the Company,
other than the Indemnitee, who are jointly liable with the Indemnitee (or would be if joined in such action, suit or proceeding), on the
one hand, and the Indemnitee, on the other hand, from the transaction or events from which such action, suit or proceeding arose; provided,
however, that the proportion determined on the basis of relative benefit may, to the extent necessary to conform to law, be further
adjusted by reference to the relative fault of the Company and all officers, directors or employees of the Company other than the Indemnitee
who are jointly liable with Indemnitee (or would be if joined in such action, suit or proceeding), on the one hand, and the Indemnitee,
on the other hand, in connection with the transaction or events that resulted in such expenses, judgments, fines or settlement amounts,
as well as any other equitable considerations which applicable law may require to be considered. The relative fault of the Company and
all officers, directors or employees of the Company, other than the Indemnitee, who are jointly liable with the Indemnitee (or would be
if joined in such action, suit or proceeding), on the one hand, and the Indemnitee, on the other hand, shall be determined by reference
to, among other things, the degree to which their actions were motivated by intent to gain personal profit or advantage, the degree to
which their liability is primary or secondary and the degree to which their conduct is active or passive.

 

(c) The
Company hereby agrees to fully indemnify and hold the Indemnitee harmless from any claims of contribution which may be brought by officers,
directors, or employees of the Company, other than the Indemnitee, who may be jointly liable with the Indemnitee.

 

(d) To
the fullest extent permissible under applicable law, if the indemnification provided for in this Agreement is unavailable to the Indemnitee
for any reason whatsoever, the Company, in lieu of indemnifying the Indemnitee, shall contribute to the amount incurred by the Indemnitee,
whether for judgments, fines, penalties, excise taxes, amounts paid or to be paid in settlement and/or for Expenses, in connection with
any claim relating to an indemnifiable event under this Agreement, in such proportion as is deemed fair and reasonable in light of all
of the circumstances of such Proceeding in order to reflect (i) the relative benefits received by the Company and the Indemnitee as a
result of the event(s) and/or transaction(s) giving cause to such Proceeding and/or (ii) the relative fault of the Company (and its directors,
officers, employees and agents) and the Indemnitee in connection with such event(s) and/or transaction(s).

 

    3

     

    

 

4. Indemnification
for Expenses of a Witness. Notwithstanding any other provision of this Agreement, to the extent that the Indemnitee is,
by reason of the Indemnitee’s Corporate Status, a witness, or is made (or asked) to respond to discovery requests, in any Proceeding
to which the Indemnitee is not a party, the Indemnitee shall be indemnified against all Expenses actually and reasonably incurred by the
Indemnitee or on the Indemnitee’s behalf in connection therewith.

 

5. Advancement
of Expenses. Notwithstanding any other provision of this Agreement, the Company shall advance all Expenses incurred by
or on behalf of the Indemnitee in connection with any Proceeding by reason of the Indemnitee’s Corporate Status within thirty (30)
days after the receipt by the Company of a statement or statements from the Indemnitee requesting such advance or advances from time to
time, whether prior to or after final disposition of such Proceeding. Such statement or statements shall reasonably evidence the Expenses
incurred by the Indemnitee and shall include or be preceded or accompanied by a written undertaking by or on behalf of the Indemnitee
to repay any Expenses advanced if it shall ultimately be determined that Indemnitee is not entitled to be indemnified against such Expenses.
Any advances and undertakings to repay pursuant to this Section 5 shall be unsecured and interest free.

 

6. Procedures
and Presumptions for Determination of Entitlement to Indemnification. It is the intent of this Agreement to secure for
the Indemnitee rights of indemnity that are as favorable as may be permitted under the Act and public policy of the State of Delaware.
Accordingly, the parties agree that the following procedures and presumptions shall apply in the event of any question as to whether the
Indemnitee is entitled to indemnification under this Agreement:

 

(a) To
obtain indemnification under this Agreement, the Indemnitee shall submit to the Company a written request, including therein or therewith
such documentation and information as is reasonably available to the Indemnitee and is reasonably necessary to determine whether and to
what extent the Indemnitee is entitled to indemnification. The Secretary of the Company shall, promptly upon receipt of such a request
for indemnification, advise the Board in writing that the Indemnitee has requested indemnification. Notwithstanding the foregoing, any
failure of the Indemnitee to provide such a request to the Company, or to provide such a request in a timely fashion, shall not relieve
the Company of any liability that it may have to the Indemnitee unless, and to the extent that, such failure actually and materially prejudices
the interests of the Company.

 

(b) Upon
written request by the Indemnitee for indemnification pursuant to the first sentence of Section 6(a) hereof, a determination with
respect to the Indemnitee’s entitlement thereto shall be made in the specific case by one of the following four methods, which shall
be at the election of the Board (1) by a majority vote of the Disinterested Directors, even though less than a quorum, (2) by a committee
of Disinterested Directors designated by a majority vote of the disinterested directors, even though less than a quorum, (3) if there
are no Disinterested Directors or if the Disinterested Directors so direct, by independent legal counsel in a written opinion to the Board,
a copy of which shall be delivered to the Indemnitee, or (4) if so directed by the Board, by the shareholders of the Company.

 

    4

     

    

 

(c) If
the determination of entitlement to indemnification is to be made by Independent Counsel pursuant to Section 6(b) hereof, the Independent
Counsel shall be selected as provided in this Section 6(c). The Independent Counsel shall be selected by the Board. The Indemnitee
may, within ten (10) days after such written notice of selection shall have been given, deliver to the Company a written objection to
such selection; provided, however, that such objection may be asserted only on the ground that the Independent Counsel so selected
does not meet the requirements of “Independent Counsel” as defined in Section 13 of this Agreement, and the objection
shall set forth with particularity the factual basis of such assertion. Absent a proper and timely objection, the person so selected shall
act as Independent Counsel. If a written objection is made and substantiated, the Independent Counsel selected may not serve as Independent
Counsel unless and until such objection is withdrawn or a court has determined that such objection is without merit. If, within twenty
(20) days after submission by the Indemnitee of a written request for indemnification pursuant to Section 6(a) hereof, no Independent
Counsel shall have been selected and not objected to, either the Company or Indemnitee may petition the Court of Chancery of the State
of Delaware or other court of competent jurisdiction for resolution of any objection which shall have been made by the Indemnitee to the
Company’s selection of Independent Counsel and/or for the appointment as Independent Counsel of a person selected by the court or
by such other person as the court shall designate, and the person with respect to whom all objections are so resolved or the person so
appointed shall act as Independent Counsel under Section 6(b) hereof. The Company shall pay any and all reasonable fees and expenses
of Independent Counsel incurred by such Independent Counsel in connection with acting pursuant to Section 6(b) hereof, and the
Company shall pay all reasonable fees and expenses incident to the procedures of this Section 6(c), regardless of the manner in
which such Independent Counsel was selected or appointed.

 

(d) In
making a determination with respect to entitlement to indemnification hereunder, the person or persons or entity making such determination
shall presume that the Indemnitee is entitled to indemnification under this Agreement. Anyone seeking to overcome this presumption shall
have the burden of proof and the burden of persuasion by clear and convincing evidence. Neither the failure of the Company (including
by its directors or independent legal counsel) to have made a determination prior to the commencement of any action pursuant to this Agreement
that indemnification is proper in the circumstances because the Indemnitee has met the applicable standard of conduct, nor an actual determination
by the Company (including by its directors or independent legal counsel) that Indemnitee has not met such applicable standard of conduct,
shall be a defense to the action or create a presumption that the Indemnitee has not met the applicable standard of conduct.

 

(e) The
Indemnitee shall be deemed to have acted in good faith if the Indemnitee’s action is based on the records or books of account of
the Enterprise (as hereinafter defined), including financial statements, or on information supplied to the Indemnitee by the officers
of the Enterprise in the course of their duties, or on the advice of legal counsel for the Enterprise or on information or records given
or reports made to the Enterprise by an independent certified public accountant or by an appraiser or other expert selected with reasonable
care by the Enterprise. In addition, the knowledge and/or actions, or failure to act, of any director, officer, agent or employee of the
Enterprise shall not be imputed to the Indemnitee for purposes of determining the right to indemnification under this Agreement. Whether
or not the foregoing provisions of this Section 6(e) are satisfied, it shall in any event be presumed that the Indemnitee has at
all times acted in good faith and in a manner the Indemnitee reasonably believed to be in or not opposed to the best interests of the
Company. Anyone seeking to overcome this presumption shall have the burden of proof and the burden of persuasion by clear and convincing
evidence.

 

    5

     

    

 

(f) If
the person, persons or entity empowered or selected under Section 6 to determine whether the Indemnitee is entitled to indemnification
shall not have made a determination within sixty (60) days after receipt by the Company of the request therefor, the requisite determination
of entitlement to indemnification shall be deemed to have been made and the Indemnitee shall be entitled to such indemnification absent
(i) a misstatement by the Indemnitee of a material fact, or an omission of a material fact necessary to make the Indemnitee’s statement
not materially misleading, in connection with the request for indemnification, or (ii) a prohibition of such indemnification under applicable
law; provided, however, that such sixty (60) day period may be extended for a reasonable time, not to exceed an additional
thirty (30) days, if the person, persons or entity making such determination with respect to entitlement to indemnification in good faith
requires such additional time to obtain or evaluate documentation and/or information relating thereto; and provided further, that
the foregoing provisions of this Section 6(f) shall not apply if the determination of entitlement to indemnification is to be made
by the shareholders pursuant to Section 6(b) of this Agreement and if (A) within fifteen (15) days after receipt by the Company
of the request for such determination, the Board or the Disinterested Directors, if appropriate, resolve to submit such determination
to the shareholders for their consideration at an annual meeting thereof to be held within seventy five (75) days after such receipt and
such determination is made thereat, or (B) a special meeting of shareholders is called within fifteen (15) days after such receipt for
the purpose of making such determination, such meeting is held for such purpose within sixty (60) days after having been so called and
such determination is made thereat.

 

(g) The
Indemnitee shall cooperate with the person, persons or entity making such determination with respect to the Indemnitee’s entitlement
to indemnification, including providing to such person, persons or entity upon reasonable advance request any documentation or information
which is not privileged or otherwise protected from disclosure and which is reasonably available to Indemnitee and reasonably necessary
to such determination. Any Independent Counsel, member of the Board or shareholder of the Company shall act reasonably and in good faith
in making a determination regarding the Indemnitee’s entitlement to indemnification under this Agreement. Any costs or expenses
(including attorneys’ fees and disbursements) incurred by the Indemnitee in so cooperating with the person, persons or entity making
such determination shall be borne by the Company (irrespective of the determination as to the Indemnitee’s entitlement to indemnification)
and the Company hereby indemnifies and agrees to hold Indemnitee harmless therefrom.

 

(h) The
Company acknowledges that a settlement or other disposition short of final judgment may be successful if it permits a party to avoid expense,
delay, distraction, disruption and uncertainty. In the event that any action, claim or proceeding to which the Indemnitee is a party is
resolved in any manner other than by adverse judgment against Indemnitee (including, without limitation, settlement of such action, claim
or proceeding with or without payment of money or other consideration) it shall be presumed that the Indemnitee has been successful on
the merits or otherwise in such action, suit or proceeding. Anyone seeking to overcome this presumption shall have the burden of proof
and the burden of persuasion by clear and convincing evidence.

 

    6

     

    

 

(i) The
termination of any Proceeding or of any claim, issue or matter therein, by judgment, order, settlement or conviction, or upon a plea of
nolo contendere or its equivalent, shall not (except as otherwise expressly provided in this Agreement) of itself adversely affect the
right of the Indemnitee to indemnification or create a presumption that the Indemnitee did not act in good faith and in a manner which
the Indemnitee reasonably believed to be in or not opposed to the best interests of the Company or, with respect to any criminal Proceeding,
that the Indemnitee had reasonable cause to believe that the Indemnitee’s conduct was unlawful.

 

7. Remedies
of Indemnitee.

 

(a) In
the event that (i) a determination is made pursuant to Section 6 of this Agreement that the Indemnitee is not entitled to indemnification
under this Agreement, (ii) advancement of Expenses is not timely made pursuant to Section 5 of this Agreement, (iii) no determination
of entitlement to indemnification is made pursuant to Section 6(b) of this Agreement within ninety (90) days after receipt by the
Company of the request for indemnification, (iv) payment of indemnification is not made pursuant to this Agreement within ten (10) days
after receipt by the Company of a written request therefor, or (v) payment of indemnification is not made within ten (10) days after a
determination has been made that the Indemnitee is entitled to indemnification or such determination is deemed to have been made pursuant
to Section 6 of this Agreement, the Indemnitee shall be entitled to an adjudication in an appropriate court of the State of Delaware,
or in any other court of competent jurisdiction, of the Indemnitee’s entitlement to such indemnification. The Indemnitee shall commence
such proceeding seeking an adjudication within one hundred eighty (180) days following the date on which the Indemnitee first has the
right to commence such proceeding pursuant to this Section 7(a). The Company shall not oppose the Indemnitee’s right to seek
any such adjudication.

 

(b) In
the event that a determination shall have been made pursuant to Section 6(b) of this Agreement that the Indemnitee is not entitled
to indemnification, any judicial proceeding commenced pursuant to this Section 7 shall be conducted in all respects as a de novo
trial on the merits, and the Indemnitee shall not be prejudiced by reason of the adverse determination under Section 6(b).

 

(c) If
a determination shall have been made pursuant to Section 6(b) of this Agreement that the Indemnitee is entitled to indemnification,
the Company shall be bound by such determination in any judicial proceeding commenced pursuant to this Section 7, absent (i) a
misstatement by the Indemnitee of a material fact, or an omission of a material fact necessary to make the Indemnitee’s misstatement
not materially misleading in connection with the application for indemnification, or (ii) a prohibition of such indemnification under
applicable law.

 

(d) In
the event that the Indemnitee, pursuant to this Section 7, seeks a judicial adjudication of the Indemnitee’s rights under,
or to recover damages for breach of, this Agreement, or to recover under any directors’ and officers’ liability insurance
policies maintained by the Company, the Company shall pay on the Indemnitee’s behalf, in advance, any and all expenses (of the types
described in the definition of Expenses in Section 13 of this Agreement) actually and reasonably incurred by the Indemnitee in
such judicial adjudication, regardless of whether the Indemnitee ultimately is determined to be entitled to such indemnification, advancement
of expenses or insurance recovery.

 

    7

     

    

 

(e) The
Company shall be precluded from asserting in any judicial proceeding commenced pursuant to this Section 7 that the procedures and
presumptions of this Agreement are not valid, binding and enforceable and shall stipulate in any such court that the Company is bound
by all the provisions of this Agreement. The Company shall indemnify Indemnitee against any and all Expenses and, if requested by Indemnitee,
shall (within ten (10) days after receipt by the Company of a written request therefore) advance, to the extent not prohibited by law,
such expenses to Indemnitee, which are incurred by the Indemnitee in connection with any action brought by the Indemnitee for indemnification
or advance of Expenses from the Company under this Agreement or under any directors’ and officers’ liability insurance policies
maintained by the Company, regardless of whether the Indemnitee ultimately is determined to be entitled to such indemnification, advancement
of Expenses or insurance recovery, as the case may be.

 

(f) Notwithstanding
anything in this Agreement to the contrary, no determination as to entitlement to indemnification under this Agreement shall be required
to be made prior to the final disposition of the Proceeding.

 

8. Non-Exclusivity;
Survival of Rights; Insurance; Primacy of Indemnification; Subrogation.

 

(a) The
rights of indemnification as provided by this Agreement shall not be deemed exclusive of any other rights to which the Indemnitee may
at any time be entitled under applicable law, the Company’s certificate of formation, the Operating Agreement, any agreement, a
vote of shareholders, a resolution of directors of the Company, or otherwise. No amendment, alteration or repeal of this Agreement or
of any provision hereof shall limit or restrict any right of the Indemnitee under this Agreement in respect of any action taken or omitted
by such Indemnitee in the Indemnitee’s Corporate Status prior to such amendment, alteration or repeal. To the extent that a change
in the Act, whether by statute or judicial decision, permits greater indemnification than would be afforded currently under the Company’s
certificate of formation, the Operating Agreement and this Agreement, it is the intent of the parties hereto that the Indemnitee shall
enjoy by this Agreement the greater benefits so afforded by such change. No right or remedy herein conferred is intended to be exclusive
of any other right or remedy, and every other right and remedy shall be cumulative and in addition to every other right and remedy given
hereunder or now or hereafter existing at law or in equity or otherwise. The assertion or employment of any right or remedy hereunder,
or otherwise, shall not prevent the concurrent assertion or employment of any other right or remedy.

 

(b) To
the extent that the Company maintains an insurance policy or policies providing liability insurance for directors, officers, employees,
or agents or fiduciaries of the Company or of any other corporation, partnership, joint venture, trust, employee benefit plan or other
enterprise that such person serves at the request of the Company, the Indemnitee shall be covered by such policy or policies in accordance
with its or their terms to the maximum extent of the coverage available for any director, officer, employee, agent or fiduciary under
such policy or policies. If, at the time of the receipt of a notice of a claim pursuant to the terms hereof, the Company has directors’
and officers’ liability insurance in effect, the Company shall give prompt notice of the commencement of such proceeding to the
insurers in accordance with the procedures set forth in the respective policies. The Company shall thereafter take all necessary or desirable
action to cause such insurers to pay, on behalf of the Indemnitee, all amounts payable as a result of such proceeding in accordance with
the terms of such policies.

 

    8

     

    

 

(c) In
the event of any payment under this Agreement, the Company shall be subrogated to the extent of such payment to all of the rights of recovery
of the Indemnitee, who shall execute all papers required and take all action necessary to secure such rights, including execution of such
documents as are necessary to enable the Company to bring suit to enforce such rights.

 

(d) The
Company shall not be liable under this Agreement to make any payment of amounts otherwise indemnifiable hereunder if and to the extent
that the Indemnitee has otherwise actually received such payment under any insurance policy, contract, agreement or otherwise.

 

(e) The
Company’s obligation to indemnify or advance Expenses hereunder to Indemnitee who is or was serving at the request of the Company
as a director, officer, employee or agent of any other corporation, partnership, joint venture, trust, employee benefit plan or other
enterprise shall be reduced by any amount Indemnitee has actually received as indemnification or advancement of expenses from such other
corporation, partnership, joint venture, trust, employee benefit plan or other enterprise.

 

9. Exception
to Right of Indemnification. Notwithstanding any provision in this Agreement, the Company shall not be obligated under
this Agreement to make any indemnity in connection with any claim made against the Indemnitee:

 

(a) for
which payment has actually been made to or on behalf of the Indemnitee under any insurance policy or other indemnity provision, except
with respect to any excess beyond the amount paid under any insurance policy or other indemnity provision;

 

(b) for
an accounting of profits made from the purchase and sale (or sale and purchase) by the Indemnitee of securities of the Company within
the meaning of Section 16(b) of the Securities Exchange Act of 1934, as amended, or similar provisions of state statutory law or common
law; or

 

(c) in
connection with any Proceeding (or any part of any Proceeding) initiated by the Indemnitee, including any Proceeding (or any part of any
Proceeding) initiated by the Indemnitee against the Company or its directors, officers, employees or other indemnitees, unless (i) the
Board authorized the Proceeding (or any part of any Proceeding) prior to its initiation, or (ii) the Company provides the indemnification,
in its sole discretion, pursuant to the powers vested in the Company under applicable law.

 

10. Duration
of Agreement. All agreements and obligations of the Company contained herein shall continue during the period the Indemnitee
is an officer or director of the Company (or is or was serving at the request of the Company as a director, officer, employee or agent
of another corporation, partnership, joint venture, trust or other enterprise) and shall continue thereafter so long as the Indemnitee
shall be subject to any Proceeding (or any proceeding commenced under Section 7 hereof) by reason of the Indemnitee’s Corporate
Status, whether or not the Indemnitee is acting or serving in any such capacity at the time any liability or expense is incurred for which
indemnification can be provided under this Agreement. This Agreement shall be binding upon and inure to the benefit of and be enforceable
by the parties hereto and their respective successors (including any direct or indirect successor by purchase, merger, consolidation or
otherwise to all or substantially all of the business or assets of the Company), assigns, spouses, heirs, executors and personal and legal
representatives.

 

    9

     

    

 

11. Security.
To the extent requested by Indemnitee and approved by the Board, the Company may at any time and from time to time provide security to
the Indemnitee for the Company’s obligations hereunder through an irrevocable bank line of credit, funded trust or other collateral.
Any such security, once provided to the Indemnitee, may not be revoked or released without the prior written consent of the Indemnitee.

 

12. Enforcement.

 

(a) The
Company expressly confirms and agrees that it has entered into this Agreement and assumes the obligations imposed on it hereby in order
to induce the Indemnitee to serve as an officer or director of the Company, and the Company acknowledges that the Indemnitee is relying
upon this Agreement in serving as an officer or director of the Company.

 

(b) This
Agreement constitutes the entire agreement between the parties hereto with respect to the subject matter hereof and supersedes all prior
agreements and understandings, oral, written and implied, between the parties hereto with respect to the subject matter hereof.

 

(c) The
Company shall not seek from a court, or agree to, a “bar order” which would have the effect of prohibiting or limiting the
Indemnitee’s rights to receive advancement of expenses under this Agreement.

 

13. Definitions.
For purposes of this Agreement:

 

(a) “Corporate
Status” describes the status of a person who is or was a director, officer, employee, agent or fiduciary of the Company or of
any other corporation, partnership, joint venture, trust, employee benefit plan or other enterprise that such person is or was serving
at the express written request of the Company.

 

(b) “Disinterested
Director” means a director of the Company who is not and was not a party to the Proceeding in respect of which indemnification
is sought by Indemnitee.

 

(c) “Enterprise”
shall mean the Company and any other corporation, partnership, joint venture, trust, employee benefit plan or other enterprise that Indemnitee
is or was serving at the express written request of the Company as a director, officer, employee, agent or fiduciary.

 

(d) “Expenses”
shall include all reasonable attorneys’ fees, retainers, court costs, transcript costs, fees of experts, witness fees, travel expenses,
duplicating costs, printing and binding costs, telephone charges, postage, delivery service fees and all other disbursements or expenses
of the types customarily incurred in connection with prosecuting, defending, preparing to prosecute or defend, investigating, participating,
or being or preparing to be a witness in a Proceeding, or responding to, or objecting to, a request to provide discovery in any Proceeding.
Expenses also shall include Expenses incurred in connection with any appeal resulting from any Proceeding, including without limitation
the premium, security for, and other costs relating to any cost bond, supersede as bond, or other appeal bond or its equivalent. Expenses,
however, shall not include amounts paid in settlement by the Indemnitee or the amount of judgments or fines against Indemnitee.

 

    10

     

    

 

(e) “Independent
Counsel” means a law firm, or a member of a law firm, that is experienced in matters of corporation law and neither presently
is, nor in the past five years has been, retained to represent (i) the Company or the Indemnitee in any matter material to either such
party (other than with respect to matters concerning Indemnitee under this Agreement, or of other indemnitees under similar indemnification
agreements), or (ii) any other party to the Proceeding giving rise to a claim for indemnification hereunder. Notwithstanding the foregoing,
the term “Independent Counsel” shall not include any person who, under the applicable standards of professional conduct then
prevailing, would have a conflict of interest in representing either the Company or the Indemnitee in an action to determine the Indemnitee’s
rights under this Agreement. The Company agrees to pay the reasonable fees of the Independent Counsel referred to above and to fully indemnify
such counsel against any and all Expenses, claims, liabilities and damages arising out of or relating to this Agreement or its engagement
pursuant hereto.

 

(f) “Proceeding”
includes any threatened, pending or completed action, suit, arbitration, alternate dispute resolution mechanism, investigation, inquiry,
administrative hearing or any other actual, threatened or completed proceeding, whether brought by or in the right of the Company or otherwise
and whether civil, criminal, administrative or investigative, in which the Indemnitee was, is or will be involved as a party or otherwise,
by reason of the Indemnitee’s Corporate Status, by reason of any action taken by the Indemnitee or of any inaction on the part of
the Indemnitee while acting in the Indemnitee’s Corporate Status; in each case whether or not the Indemnitee is acting or serving
in any such capacity at the time any liability or expense is incurred for which indemnification can be provided under this Agreement;
including one pending on or before the date of this Agreement, but excluding one initiated by the Indemnitee pursuant to Section 7
of this Agreement to enforce the Indemnitee’s rights under this Agreement.

 

14. Severability.
The invalidity or unenforceability of any provision hereof shall in no way affect the validity or enforceability of any other provision.
Further, the invalidity or unenforceability of any provision hereof as to either the Indemnitee or Appointing Shareholder shall in no
way affect the validity or enforceability of any provision hereof as to the other. Without limiting the generality of the foregoing, this
Agreement is intended to confer upon the Indemnitee and Appointing Shareholder indemnification rights to the fullest extent permitted
by applicable laws. In the event any provision hereof conflicts with any applicable law, such provision shall be deemed modified, consistent
with the aforementioned intent, to the extent necessary to resolve such conflict.

 

15. Modification
and Waiver. No supplement, modification, termination or amendment of this Agreement shall be binding unless executed in
writing by both of the parties hereto. No waiver of any of the provisions of this Agreement shall be deemed or shall constitute a waiver
of any other provisions hereof (whether or not similar) nor shall such waiver constitute a continuing waiver.

 

    11

     

    

 

16. Notice
By Indemnitee. The Indemnitee agrees promptly to notify the Company in writing upon being served with or otherwise receiving
any summons, citation, subpoena, complaint, indictment, information or other document relating to any Proceeding or matter which may be
subject to indemnification covered hereunder. The failure to so notify the Company shall not relieve the Company of any obligation which
it may have to the Indemnitee under this Agreement or otherwise unless and only to the extent that such failure or delay materially prejudices
the Company.

 

17. Notices.
All notices and other communications given or made pursuant to this Agreement shall be in writing and shall be deemed effectively given
(a) upon personal delivery to the party to be notified, (b) when sent by confirmed electronic mail or facsimile if sent during normal
business hours of the recipient, and if not so confirmed, then on the next business day, (c) five (5) days after having been sent by registered
or certified mail, return receipt requested, postage prepaid, or (d) one (1) day after deposit with a nationally recognized overnight
courier, specifying next day delivery, with written verification of receipt. All communications shall be sent to the addresses specified
on the signature page hereto, or to such other address as may have been furnished to the Company by Indemnitee, or, if to the Company,
to the Company’s address as specified in filings made by the Company with the U.S. Securities and Exchange Commission.

 

18. Counterparts.
This Agreement may be executed in two (2) or more counterparts, each of which shall be deemed an original, but all of which together shall
constitute one and the same the same instrument. Counterparts may be delivered via facsimile, electronic mail (including pdf or any electronic
signature complying with the U.S. federal ESIGN Act of 2000, e.g., www.docusign.com) or other transmission method and any counterpart
so delivered shall be deemed to have been duly and validly delivered and be valid and effective for all purposes.

 

19. Headings.
The headings of the paragraphs of this Agreement are inserted for convenience only and shall not be deemed to constitute part of this
Agreement or to affect the construction thereof.

 

20. Governing
Law and Consent to Jurisdiction. This Agreement and the legal relations among the parties shall be governed by, and construed
and enforced in accordance with, the laws of the State of Delaware, without regard to its conflict of laws rules. The Company and the
Indemnitee hereby irrevocably and unconditionally (a) agree that any action or proceeding arising out of or in connection with this Agreement
shall be brought only in the Chancery Court of the State of Delaware (the “Delaware Court”), and not in any other state
or federal court in the United States of America or any court in any other country, (b) consent to submit to the exclusive jurisdiction
of the Delaware Court for purposes of any action or proceeding arising out of or in connection with this Agreement, (c) waive any objection
to the laying of venue of any such action or proceeding in the Delaware Court, and (d) waive, and agree not to plead or to make, any claim
that any such action or proceeding brought in the Delaware Court has been brought in an improper or inconvenient forum.

 

[Signature Page to Follow]

 

    12

     

    

 

IN WITNESS WHEREOF, the parties
hereto have executed this Indemnification Agreement on and as of the day and year first above written.

 

	 	COMPANY:
	 	 	 
	 	1847 Holdings LLC
	 	 	 
	 	By:	 
	 	Name: 	                  
	 	Title:	 
	 	 	 
	 	INDEMNITEE:
	 	 	 
	 	 
	 	 	 
	 	Address:	 
	 	 	 
	 	 	 

 

 

13Exhibit 10.1

 

LEASE

 

By and Between

 

XCHANGE OWNER LLC,

 

(“Landlord”)

 

And

 

QUANTERIX CORPORATION

 

(“Tenant”)

 

Building Addresses: 14 Crosby Drive, Bedford,
Massachusetts 01730; 18 Crosby Drive, 

Bedford, Massachusetts 01730

 

Dated: January 28, 2022

 

     

     

    

 

LEASE

 

This LEASE (this “LEASE”)
is made as of the 28th day of January, 2022 by and between XCHANGE OWNER LLC (“Landlord”), c/o Jumbo Capital
Incorporated, 1900 Crown Colony Drive, 4th Floor, Quincy, Massachusetts 02169, and QUANTERIX CORPORATION (“Tenant”),
having a mailing address of 900 Middlesex Turnpike, Billerica, Massachusetts 01821.

 

RECITALS:

 

Landlord, for and in consideration
of the rents and all other charges and payments hereunder and of the covenants, agreements, terms, provisions, and conditions to be kept
and performed hereunder by Tenant, grants and conveys to Tenant, and Tenant hereby hires and takes from Landlord, a leasehold interest
in the Premises (as defined below), subject to all matters of record and subject to the covenants, agreements, terms, provisions and conditions
of this Lease for the term hereinafter stated.

 

NOW THEREFORE, Landlord and Tenant hereby agree
as follows:

 

ARTICLE I.

 

REFERENCE
DATA

 

1.1.          Subjects
Referred To

 

Each reference in this Lease to any of the following
subjects shall be construed to incorporate the data stated for that subject in this Article:

 

	LANDLORD:	XChange
    Owner LLC
	 	 
	LANDLORD’S
    ADDRESS:	c/o
    Jumbo Capital Incorporated 
	 	1900
    Crown Colony Drive, 4th Floor 
	 	Quincy,
    Massachusetts 02169
	 	 
	TENANT:	Quanterix
    Corporation
	 	 
	TENANT’S
    ADDRESS: 	 
	(for
    Notice & Billing)	900
    Middlesex Turnpike 
	(Prior
    to the commencement date of this Lease):	Billerica,
    Massachusetts 01821
	 	 
	(As
    of the commencement date of this Lease):	18
    Crosby Drive 
	 	Billerica,
    Massachusetts 01730
	 	 
	18
    CROSBY BUILDING ADDRESS:	18
    Crosby Drive 
	 	Billerica,
    Massachusetts 01730 (the “18 Crosby Building”)

 

    2

     

    

 

	14
    CROSBY BUILDING ADDRESS:	14
    Crosby Drive 
	 	Billerica,
    Massachusetts 01730 (the “14 Crosby Building”)
	 	 
	18
    CROSBY COMMENCEMENT DATE:	With
    respect to the 18 Crosby Premises (as hereinafter defined), the 18 Crosby Commencement Date shall occur on the earlier to occur of
    (i) Tenant’s occupancy of any portion of the 18 Crosby Premises for the Permitted Use (as hereinafter defined) with respect
    to the 18 Crosby Premises, (ii) June 1, 2022 and (iii) the Substantial Completion of the Tenant’s 18 Crosby Work
    per Section 3.2.1.
	 	 
	14
    CROSBY COMMENCEMENT DATE:	With
    respect to the 14 Crosby Premises (as hereinafter defined), the 14 Crosby Commencement Date shall occur on the earlier to occur of
    (i) Tenant’s occupancy of any portion of the 14 Crosby Premises for the Permitted Use with respect to the 14 Crosby Premises,
    (ii) May 1, 2022 and (iii) the Substantial Completion of the Tenant’s 14 Crosby Work per Section 3.2.1.
	 	 
	18
    CROSBY EXPIRATION DATE:	The
    term with respect to the 18 Crosby Premises shall expire on the last day of the one hundred fifth (105th) calendar month
    following the 18 Crosby Commencement Date.
	 	 
	14
    CROSBY EXPIRATION DATE:	The
    term with respect to the 14 Crosby Premises shall expire on the 18 Crosby Expiration Date. For the purposes of clarity, the term
    of the Lease with respect to the 14 Crosby Premises shall be coterminous with the term with respect to the 18 Crosby Premises (as
    such term with respect to the entire Premises may be extended pursuant to the terms and conditions contained in Section 8.15
    of this Lease).

 

	TERM:	With respect to the 18 Crosby Premises, the term shall mean that period of time commencing on the 18 Crosby
Commencement Date and expiring on the 18 Crosby Expiration Date (the “18 Crosby Term”). With respect to the 14 Crosby
Premises, the term shall mean that period of time commencing on the 14 Crosby Commencement Date and expiring on the 14 Crosby Expiration
Date (the “14 Crosby Term”).

 

    3

     

    

 

	18 CROSBY PREMISES:	Tenant shall occupy approximately
    53,000 rentable square feet located on the first (1st) and second (2nd) floors of the 18 Crosby Building, as
    shown on the floor plan attached hereto as Exhibit B and further described in Section 2.1 herein.
	 	 
	14 CROSBY PREMISES:	Tenant shall occupy approximately
    32,770 rentable square feet located on the third (3rd) floor of the 14 Crosby Building, as shown on the floor plan attached
    hereto as Exhibit B and further described in Section 2.1 herein.

 

	PREMISES:	The 18 Crosby Premises and the 14 Crosby Premises shall collectively be referred to herein as the “Premises”.

 

	FLOOR AREA OF THE 	 
	18 CROSBY PREMISES:	Approximately 53,000 rentable square feet.
	 	 
	FLOOR AREA OF THE 	 
	14 CROSBY PREMISES:	Approximately 32,770 rentable square feet.
	 	 
	TOTAL FLOOR 	 
	AREA OF THE 18 CROSBY BUILDING:	Approximately 53,000 rentable square feet.
	 	 
	TOTAL FLOOR 	 
	AREA OF THE 14 CROSBY BUILDING:	Approximately 91,393 rentable square feet.
	 	 
	TOTAL FLOOR 	 
	AREA OF THE OFFICE PARK:	Approximately 479,570 rentable square feet

 

    4

     

    

 

	TENANT’S PROPORTIONATE	 
	SHARE OF	 
	OPERATING COSTS AND REAL 	 
	ESTATE TAXES 	 
	WITH RESPECT TO THE 	 
	18 CROSBY BUILDING:	100%
	 	 
	TENANT’S PROPORTIONATE 	 
	SHARE OF 	 
	OPERATING COSTS AND REAL 	 
	ESTATE TAXES 	 
	WITH RESPECT TO THE 	 
	14 CROSBY BUILDING:	35.86%
	 	 
	TENANT’S PROPORTIONATE 	 
	SHARE OF 	 
	OPERATING COSTS AND REAL 	 
	ESTATE TAXES 	 
	WITH RESPECT TO THE OFFICE PARK:	17.88%

 

BASE RENT (with respect to the 14 Crosby Premises):

 

	Period (Months)	 	Monthly Base 

Rent	 	 	Annual
    Base Rent	 
	The 14 Crosby Commencement Date – Month 12	 	$	68,270.83	 	 	$	819,250.00	 
	Month 13 – Month 24	 	$	71,684.38	 	 	$	860,212.50	 
	Month 25 – Month 36	 	$	75,097.92	 	 	$	901,175.00	 
	Month 37 – Month 48	 	$	78,511.46	 	 	$	942,137.50	 
	Month 49 – Month 60	 	$	81,925.00	 	 	$	983,100.00	 
	Month 61 – Month 72	 	$	85,338.54	 	 	$	1,024,062.50	 
	Month 73 – Month 84	 	$	88,752.08	 	 	$	1,065,025.00	 
	Month 85 – Month 96	 	$	92,165.63	 	 	$	1,105,987.50	 
	Month 97 – 18 Crosby Expiration Date	 	$	95,579.17	 	 	$	1,146,950.00	*

 

*Annualized figure.

 

    5

     

    

 

BASE RENT (with respect to the 18 Crosby Premises):

 

	Period (Months)	 	Monthly Base 

Rent	 	 	Annual
    Base Rent	 
	Months 1-9	 	$	99,375.00	*	 	$	1,192,500.00	*
	Months 10-12	 	$	198,750.00	 	 	$	2,385,000.00	**
	Months 13-24	 	$	204,712.50	 	 	$	2,456,550.00	 
	Months 25-36	 	$	210,853.88	 	 	$	2,530,246.50	 
	Months 37-48	 	$	217,179.49	 	 	$	2,606,153.90	 
	Months 49-60	 	$	223,694.88	 	 	$	2,684,338.51	 
	Months 61-72	 	$	230,405.72	 	 	$	2,764,868.67	 
	Months 73-84	 	$	237,317.89	 	 	$	2,847,814.73	 
	Months 85-96	 	$	244,437.43	 	 	$	2,933,249.17	 
	Months 97-105 / 18 Crosby Expiration Date	 	$	251,770.55	 	 	$	3,021,246.64	**

 

* Tenant shall be responsible for the payment
of Base Rent to Landlord with respect to only a portion of the 18 Crosby Premises being comprised of approximately 26,500 rentable square
feet for the period of time beginning as of Month 1 and ending on Month 9. Thereafter, Tenant shall be responsible for the payment of
Base Rent to Landlord with respect to the entire 18 Crosby Premises in accordance with all terms and conditions contained herein. Notwithstanding
the foregoing, during the entire term of the Lease with respect to the 18 Crosby Premises, including such period of time from Month 1
through Month 9 with respect to the 18 Crosby Premises, as applicable, Tenant shall be responsible for the payment of any and all Additional
Rent (as hereinafter defined) during such period of time, including, without limitation, charges for electricity as set forth herein.

 

**Annualized figure.

 

	ADDITIONAL RENT:	Any monies (including electricity charges and Tenant’s Proportionate Share of (i) Operating Costs and (ii) Real Estate Taxes with respect to the Building (as hereinafter defined) and the Office Park, as applicable) which Landlord is authorized to collect from Tenant under this Lease which are not included in Base Rent. Triple Net (NNN) Lease (See Section 2.5).
	 	 
	SECURITY DEPOSIT:	Three (3) months’ average Base Rent of the 18 Crosby Premises and the 14 Crosby Premises = $918,815.78, to be provided in the form of a Letter of Credit in accordance with the terms and conditions of Section 8.1.2, subject to burn down to $500,000.00 in accordance with all terms and conditions of Section 8.1.3.

 

    6

     

    

 

	OPTION TO EXTEND:	In accordance with and subject to the provisions of Section 8.15 of this Lease, Tenant shall have two (2) successive five (5) year option periods to extend this Lease with respect to the entire Premises by providing no more than eighteen (18) months, and not less than twelve (12) months prior written notice to Landlord before the expiration of the then-current Term. The annual Base Rent for each renewal period with respect to the 18 Crosby Premises and the 14 Crosby Premises, as applicable, shall be determined pursuant to and in accordance with Section 8.15 of this Lease.
	 	 
	RIGHT OF FIRST OFFER:	In accordance with and subject to the provisions of Section 8.17 of this Lease, in the event that Landlord, in Landlord’s sole and unfettered discretion, elects to expand the 18 Crosby Building, then Tenant shall have the one-time right of first offer to expand the 18 Crosby Premises by leasing at least 50,000 rentable square feet of space in the 18 Crosby Building, but no more than 70,000 rentable square feet of space in the 18 Crosby Building, subject to the Town of Bedford’s approval of the site plan and subject to Landlord’s receipt of all necessary permits, approvals, and the like.

 

	PARKING:	  Subject to all terms and conditions set forth in Section 8.2 of this Lease, for
                                    no additional charge, Tenant shall have the right to use on a first come, first served basis, (i) with respect to the 18 Crosby
                                    Premises, two (2) unreserved parking spaces on site for every 1,000 rentable square feet of the 18 Crosby Premises (one hundred
                                    six (106) spaces based on approximately 53,000 rentable square feet), and (ii) with respect to the 14 Crosby Premises, three
                                    (3) unreserved parking spaces on site for every 1,000 rentable square feet of the 14 Crosby Premises (ninety-eight (98) spaces
                                    based on approximately 32,770 rentable square feet).

 

    7

     

    

 

	BUSINESS DAYS:	“Business Day”
    shall mean any day other than Saturday, Sunday, any Federal holiday, or any holiday observed by the Commonwealth of Massachusetts
    or any other Building holiday so designated by Landlord. If any period expires or action is to be taken on a day which is not a Business
    Day, the time frame for the same shall be extended until the next Business Day.
	 	 
	PERMITTED USE:	(i) With respect to the 14 Crosby Premises, general office use, and (ii) with respect to the 18 Crosby Premises, general office use, as well as laboratory, commercial manufacturing, biopharmaceutical cGMP, and warehouse usage, and otherwise in accordance with and subject to any and all Laws, including, without limitation, any and all local and municipal ordinances, rules, regulations and the like. Tenant shall not use or permit the Premises, as applicable, to be used for any other purpose or purposes whatsoever without the prior written consent of Landlord, which may be withheld in Landlord’s sole discretion.
	 	 
	GENERAL LIABILITY INSURANCE: 	 
	BODILY INJURY &	$5,000,000 per occurrence 
	PROPERTY DAMAGE:	$5,000,000 Aggregate

 

1.2.          Exhibits.
These are incorporated as a part of this Lease:

 

EXHIBIT A---Site Plan

EXHIBIT B---Floor Plan

EXHIBIT C---18 Crosby
Scope of Work

EXHIBIT D---Landlord’s
Services

EXHIBIT E---Rider

EXHIBIT F---Rules and Regulations

EXHIBIT G---Payment of Operating Costs and
Real Estate Taxes

EXHIBIT H--- Environmental Questionnaire

EXHIBIT I---Generator Area(s)

SCHEDULE 2.2.1---Furniture

SCHEDULE 4.1.1-Schedule 4.1.1 Work

 

    8

     

    

 

ARTICLE II.

 

PREMISES,
TERM AND RENT

 

2.1.          The
Premises: With respect to the 18 Crosby Premises, Landlord hereby leases to Tenant, and Tenant hereby leases from Landlord, the 18
Crosby Premises, as shown on the Tenant’s Floor Plan attached as Exhibit B hereto, which consists of the entire Building.
With respect to the 14 Crosby Premises, Landlord hereby leases to Tenant, and Tenant hereby leases from Landlord, the 14 Crosby Premises,
as shown on the Tenant’s Floor Plan attached as Exhibit B hereto, excluding, as applicable, exterior faces of exterior
walls, the common stairways and stairwells, elevators and elevator wells, fan rooms, electric and telephone closets, janitor closets,
the central atrium, the the 14 Crosby Building’ roofs and/or roofdecks, and pipe, ducts, conduits, wires and appurtenant fixtures
serving exclusively or in common other parts of the 14 Crosby Building, and if the 14 Crosby Premises includes less than the entire rentable
area of any floor, excluding the common corridors, elevator lobby and toilets located outside of the 14 Crosby Premises on such floor.
The term “Building” means the 18 Crosby Building and the 14 Crosby Building, collectively, each of which are erected
on the Lot, and the term “Lot” means all, and also any part of, the lands owned by the Landlord on which the Building
is located plus any additions thereto resulting from the change of any abutting street line. The “Office Park” shall
mean the land and improvements, including, without limitation all buildings or properties located on the Lot, and any and all common
areas included in connection therewith. “Property” means the Building and Lot.

 

2.2.1.            Furniture.
Landlord acknowledges that Tenant may use certain furniture, equipment, and/or other items either owned by the previous tenant and/or
occupants of the 14 Crosby Premises (as shown on Schedule 2.2.1 attached hereto and incorporated herein by this reference, the
 “14 Crosby Premises Furniture”). Landlord acknowledges and agrees that Tenant shall be entitled to own, use, maintain,
and may dispose of the 14 Crosby Premises Furniture at its own discretion. Tenant acknowledges and agrees that Landlord shall not be liable
for any repair, maintenance, replacement or other cost or expenses associated with such 14 Crosby Premises Furniture. Tenant shall release
Landlord from any and all liability, damages, costs and expenses in connection with said 14 Crosby Premises Furniture. It is hereby understood
and agreed that Landlord makes no representations or warranties, express, implied, or otherwise, in connection with such 14 Crosby Premises
Furniture, and Tenant shall remove the 14 Crosby Premises Furniture on the expiration date hereof or such earlier termination of the Lease.

 

In addition, on or prior to
January 31, 2022, Landlord and Tenant shall jointly select furniture, fixtures, equipment and other property from the 18 Crosby Building
for Tenant’s use in the 18 Crosby Premises (the “18 Crosby Premises Furniture”), and Landlord shall provide Tenant
a list of the selected and finalized 18 Crosby Premises Furniture prior to the 18 Crosby Commencement Date. Landlord acknowledges and
agrees that Tenant shall be entitled to own, use, maintain, and may dispose of the 18 Crosby Premises Furniture at its own discretion.
Tenant acknowledges and agrees that Landlord shall not be liable for any repair, maintenance, replacement or other cost or expenses associated
with such 18 Crosby Premises Furniture. Tenant shall release Landlord from any and all liability, damages, costs and expenses in connection
with said 18 Crosby Premises Furniture. It is hereby understood and agreed that Landlord makes no representations or warranties, express,
implied, or otherwise, in connection with such 18 Crosby Premises Furniture, and Tenant shall remove the 18 Crosby Premises Furniture
on the expiration date hereof or such earlier termination of the Lease.

 

    9

     

    

 

2.2.          Rights
to Use Common Facilities: Subject to the Building’s and the Office Park’s rules and regulations set forth on Exhibit F
hereto, and all other applicable provisions herein, Tenant shall have, as appurtenant to the 18 Crosby Premises and the 14 Crosby Premises,
as applicable, rights to use in common, subject to reasonable rules of general applicability, of which Tenant is given prior written
notice the following (as applicable): (a) the common lobbies, corridors, stairways and elevators of the Building, and the pipes,
ducts, conduits, wires and appurtenant meters and equipment serving the Premises in common with others, (b) common walkways and loading
docks necessary for access and egress to and from the Building, (c) if the Premises include less than the entire rentable floor area
of any floor, the common toilets, corridors and elevator lobby of such floor, (d) the parking lot, to the extent and in the location
designated by Landlord herein, (e) the cafeteria located in the Office Park, so long as Landlord continues to offer Tenant use of
a cafeteria at the Office Park, which offering Landlord may modify or cancel at any time at its sole discretion, and (f) subject
to Section 2.2.1 below, the Fitness Center (as hereinafter defined) located in the Office Park.

 

2.2.1.            Fitness
Center. So long as Landlord continues to offer Tenant use of the fitness center located in the Office Park (the “Fitness
Center”), which offering Landlord may modify or cancel at any time at its sole discretion, Tenant hereby covenants that Tenant’s
employees shall not enter or use the Fitness Center without first delivering to Landlord a fully executed copy of the release form set
forth on the Rider attached hereto as Exhibit E (the “Fitness Center Release”). Tenant shall defend, indemnify
and save harmless, Landlord and its agents and employees against and from all liabilities, obligations, damages, penalties, claims, costs,
charges and expenses, including reasonable attorneys’ fees, which may be imposed upon or incurred by or asserted against Landlord
and/or its agents by reason of unauthorized entry or use of the Fitness Center by Tenant’s employees.

 

2.3.           Landlord’s
Reservations: Landlord reserves the right from time to time, upon prior reasonable notice to the Tenant, without unreasonable interference
with Tenant’s use: (a) to install, use, maintain, repair, replace and relocate for service to the Premises and other parts
of the Building, or either, pipes, ducts, conduits, wires and appurtenant fixtures, wherever located in the Premises or Building, and
(b) to alter or relocate any other common facility (including parking areas) located within the Building or the Office Park. Notwithstanding
the foregoing, Landlord reserves the right to enter the Premises at any time in case of emergency.

 

2.4.          Term.
Tenant shall have and hold the 14 Crosby Premises for a period commencing on the 14 Crosby Commencement Date and ending on the 14 Crosby
Expiration Date, unless (y) sooner terminated as provided in Section 6.1 or Article VII herein or (z) extended in
accordance with Section 8.15 herein. Tenant shall have and hold the 18 Crosby Premises for a period commencing on 18 Crosby Commencement
Date and ending on the 18 Crosby Expiration Date, unless (y) sooner terminated as provided in Section 6.1 or Article VII
herein or (z) extended in accordance with Section 8.15 herein. For the avoidance of doubt, if the 18 Crosby Commencement Date
and/or the 14 Crosby Commencement Date, as applicable, occur(s) on a date other than the first (1st) day of a calendar
month, then Base Rent for such partial calendar month with respect to the 18 Crosby Premises and/or the 14 Crosby Premises, as applicable,
shall be pro-rated through the final day of such calendar month, and for subsequent months Base Rent with respect to the 18 Crosby Premises
and/or the 14 Crosby Premises, as applicable, shall commence on the first (1st) day of each calendar month, all in accordance
with the Base Rent table set forth in Section 1.1 of this Lease.

 

    10

     

    

 

2.4.1.           Tenant
Delays. For the purposes of this Lease, “Tenant Delays” shall mean any delay in the completion of the Landlord’s
18 Crosby Work (as hereinafter defined) which occurs directly as a result of (a) delay by Tenant or any person employed by Tenant
in delivery to Landlord of any plans, design work, detailed drawings or a request for approval, (b) Tenant’s request for changes
to the 18 Crosby Scope of Work listed in Exhibit C (notwithstanding Landlord’s approval of such changes), (c) delays
in performance by Tenant or any person employed or engaged by Tenant, which cause delays in the completion of any work to be done by
Landlord or which otherwise delay the completion of the Landlord’s 18 Crosby Work, (d) any fault, negligence, omission, or
failure to act on the part of Tenant or its agents, contractors, workmen, mechanics, suppliers or invitees, (e) any delay in the
performance of the Landlord’s 18 Crosby Work caused by Tenant’s interference therewith in performing the Landlord’s
18 Crosby Work, or (f) any delay in the performance of the Landlord’s 18 Crosby Work resulting from Tenant’s request
that Landlord delay the performance of such work. Landlord shall notify Tenant within a reasonable time of any action or circumstance
that constitutes Tenant Delays. Tenant shall have three (3) Business Days from receipt of such notice to cure, cease or mitigate
the effects of such Tenant Delays.

 

2.4.2.           In
the event of Tenant Delays, then the date of completion of the Landlord’s 18 Crosby Work will be deemed to be that date determined
by Landlord, in the reasonable exercise of its judgment, on which the completion of the Landlord’s 18 Crosby Work would have occurred
but for the Tenant Delays herein referred to.

 

2.4.3.            Force
Majeure. For purposes of this Lease, “Force Majeure” shall mean any prevention, delay or
stoppage due to lockouts, labor disputes, strikes, acts of God, shortages of labor, or materials or reasonable substitutes
therefore, delivery and/or supply chain issues, war, terrorist acts, terrorism, pandemics, inability to obtain services,
governmental actions, civil disturbances, fire, flood, earthquake or other casualty, and other causes beyond the reasonable control
of the performing party. Notwithstanding anything to contrary contained in this Lease, any Force Majeure shall excuse the
performance of such party for a period equal to any such prevention, delay or stoppage and, therefore, if this Lease specifies
a time period for performance of an obligation of either party, that time period shall be extended by the period of any delay in
such party’s performance caused by a Force Majeure; provided, however (i) in no event shall financial inability be deemed
to be or be a cause of a Force Majeure, and (ii) in no event shall any Force Majeure in any way affect, reduce or abate the
obligation of Tenant timely to pay all Rent and other charges payable by Tenant pursuant to the terms of this Lease.

 

2.4.4.            Notwithstanding
anything to the contrary contained herein, (i) with respect to the 14 Crosby Premises, in no event shall the 14 Crosby Commencement
Date be deemed to be a date later than May 1, 2022, and (ii) with respect to the 18 Crosby Premises, in no event shall the
18 Crosby Commencement Date be deemed to be a date later than June 1, 2022.

 

2.5.          Rent:
Landlord and Tenant acknowledge that, except as otherwise provided to the contrary in this Lease, it is their intent and agreement that
this Lease be a “TRIPLE NET” lease and that as such, the provisions contained in this Lease are intended to pass on to Tenant
or reimburse Landlord for the costs and expenses reasonably associated with this Lease, the Building, the Office Park and the Property,
and Tenant’s operation therefrom except as expressly described herein. To the extent such costs and expenses payable by Tenant cannot
be charged directly to, and paid by, Tenant, such costs and expenses shall be paid by Landlord but reimbursed by Tenant as Additional
Rent. Under no circumstances or conditions, whether now existing or hereafter arising, or whether beyond the present contemplation of
the parties, shall Landlord be expected or required to make any payment of any kind whatsoever or be under any other obligation or liability
hereunder, except as expressly set forth herein.

 

    11

     

    

 

Commencing on the 18 Crosby
Commencement Date and/or the 14 Crosby Commencement Date, as applicable, Tenant shall pay Landlord, without any setoff or deduction, unless
expressly set forth in this Lease, all Base Rent due for the term with respect to the 18 Crosby Premises and/or the 14 Crosby Premises,
as applicable, in accordance with Section 1.1 herein. In addition to the Base Rent, Tenant shall pay to Landlord, unless expressly
set forth in this Lease, Additional Rent (defined below) due for the term with respect to the 18 Crosby Premises and/or the 14 Crosby
Premises, as applicable, including Tenant’s Proportionate Share of the Operating Costs and Real Estate Taxes with respect to the
Building and the Office Park, as applicable, listed in Exhibit G attached hereto (collectively referred to as “Rent”).
 “Additional Rent” means all sums (exclusive of Base Rent) that Tenant is required to pay Landlord under this Lease with respect
to the 18 Crosby Premises and/or the 14 Crosby Premises, as applicable. Tenant shall pay and be liable for all rental, sales and use taxes
(but excluding income taxes, inheritance taxes, franchise taxes, capital levy, transfer taxes), if any, imposed upon or measured by Rent.
Base Rent and recurring monthly charges of Additional Rent shall be due and payable in advance on the first (1st) day of each
calendar month without notice or demand. Notwithstanding anything to the contrary contained herein, unless otherwise expressly authorized
by written notice from Landlord to Tenant, any and all payments for Base Rent, Additional Rent, and other charges, sums, fees, costs and/or
expenses to be paid by Tenant shall be paid to Landlord through the electronic payment or electronic funds transfer system reasonably
selected by Landlord (the “Electronic Payment System”). Landlord may, at any time and from time to time, reasonably
change any such Electronic Payment System upon sixty (60) days prior written notice to Tenant. For the purposes of clarity and notwithstanding
any such Landlord notice requirement in connection with the previous sentence, Tenant hereby agrees to timely pay to Landlord all Base
Rent, Additional Rent, and other charges, sums, fees, costs and/or expenses in accordance with the terms and conditions of the Lease.

 

2.5.1.            Tenant
waives all rights (i) to any abatement, suspension, deferment or reduction of or from Rent, and (ii) to quit, terminate or surrender
this Lease or the Premises or any part thereof, except, in either case, as expressly provided herein. Tenant hereby acknowledges and agrees
that the obligations of Tenant hereunder shall be separate and independent covenants and agreements, that Rent shall continue to be payable
in all events and that the obligations of Tenant hereunder shall continue unaffected, unless the requirement to pay or perform the same
shall have been terminated pursuant to an express provision of this Lease. Landlord and Tenant each acknowledges and agrees that the independent
nature of the obligations of Tenant hereunder represents fair, reasonable and accepted commercial practice with respect to the type of
property subject to this Lease, and that this agreement is the product of free and informed negotiation during which both Landlord and
Tenant were represented by counsel skilled in negotiating and drafting commercial leases in Massachusetts, and that the acknowledgements
and agreements contained herein are made with full knowledge of the holding in Wesson v. Leone Enterprises, Inc., 437 Mass.
708 (2002). Such acknowledgements, agreements and waivers by Tenant are a material inducement to Landlord entering into this Lease.

 

    12

     

    

 

2.6.          Operating
Costs and Real Estate Taxes with Respect to the Building and Office Park. In addition to Base Rent, Tenant shall pay Tenant’s
Proportionate Share of Real Estate Taxes and Operating Costs with respect to the Building and the Office Park, as applicable, in accordance
with Exhibit G of this Lease. All of such charges, costs and expenses shall constitute Rent, and upon the failure of Tenant
to pay any such costs, charges or expenses, Landlord shall have the same rights and remedies as otherwise provided in this Lease for
the failure of Tenant to pay Rent.

 

2.7.          Utilities;
Electricity:

 

Tenant
Provided Services and Utilities with Respect to the 18 Crosby Premises: Except as otherwise expressly set forth herein, Tenant
will be responsible, at Tenant’s sole cost and expense, for the furnishing of all services and utilities to the 18 Crosby Premises,
including without limitation electricity, water, telephone, janitorial and 18 Crosby Premises security services. Tenant shall be solely
responsible for performing all janitorial and trash services and other cleaning of the 18 Crosby Premises, all in compliance with Laws.
In the event such service is provided by a third party janitorial service, and not by employees of Tenant, such service shall be provided
by a janitorial service approved in advance by Landlord, such approval not to be unreasonably withheld, conditioned or delayed (Landlord
shall provide Tenant with a list of approved vendors upon Tenant’s request). The janitorial and cleaning of the 18 Crosby Premises
shall be adequate to maintain the 18 Crosby Premises in a manner consistent with comparable buildings. Tenant shall cooperate fully with
Landlord at all times and abide by all regulations and requirements that Landlord may reasonably prescribe for the proper functioning
and protection of the HVAC, electrical, mechanical and plumbing systems. Tenant shall pay for all water, gas, heat, light, power, telephone,
internet service, cable television, other telecommunications and other utilities supplied to the 18 Crosby Premises, together with any
fees, surcharges and taxes thereon, whether part of Operating Costs or as provided under this Section. Tenant shall pay all costs and
expenses for all utilities serving the 18 Crosby Premises directly to the applicable service provider, or to Landlord, as applicable and
as requested. Tenant’s use of electricity and any other utility serving the 18 Crosby Premises shall never exceed the capacity of
the feeders to the Property and shall otherwise be in accordance with Law. It is understood and agreed that Landlord shall not be liable
for any interruption or failure in the supply of electricity or other utilities to the 18 Crosby Premises.

 

Electricity
with Respect to the 14 Crosby Premises: Electricity shall be distributed to the 14 Crosby Premises by the electric utility
company selected by Landlord to provide electricity service for the 14 Crosby Building by way of a separate meter or check-meter installed
by Landlord at Landlord’s cost, and Tenant shall promptly pay all bills and charges for electricity furnished to the 14 Crosby Premises
directly to the rendering utility company or to Landlord, as required and requested, when due; and Landlord shall permit Tenant’s
wires and conduits, to the extent available, suitable and safely capable, to be used for such distribution. It is understood and agreed
that Landlord shall not be liable for any interruption or failure in the supply of electricity or any other utilities to the 14 Crosby
Premises. Without the consent of Landlord, Tenant’s use of electrical service shall not exceed the 14 Crosby Building standard usage,
per square foot, as reasonably determined by Landlord, based upon the 14 Crosby Building standard electrical design load.

 

    13

     

    

 

2.8.          Accounting
Periods: Landlord shall have the right from time to time to change the periods of accounting under Section 2.6 to any annual
period other than a calendar or fiscal year, and upon any such change all items referred to in this Section 2.8 shall be appropriately
apportioned (in no event shall this increase Tenant’s financial liability or decrease Tenant’s rights hereunder). In all
Landlord’s Statements rendered under this Section 2.8, amounts for periods partially within and partially without the accounting
periods shall be appropriately apportioned, any items which are not determinable at the time of a Landlord’s Statement shall be
included therein on the basis of Landlord’s estimate, and with respect thereto Landlord shall render promptly after determination
of a supplemental Landlord’s Statement, and appropriate adjustment shall be made according thereto.

 

2.9.          Interest
on Late Payments: Except as otherwise provided herein, all payments of Annual Base Rent and Additional Rent shall be made payable
to Landlord, at Landlord’s Address, or to such other person as Landlord may from time to time designate. If any installment of
Base Rent or Additional Rent is paid more than five (5) Business Days after the due date thereof, the same at Landlord’s election,
it shall bear interest at a rate equal to the United States prime commercial rate from time to time established by Bank of America, N.A.,
or if such prime rate is unavailable, a major national bank, plus 4% per annum from such due date, not to exceed a total of twelve percent
(12%) per annum, which interest shall be immediately due and payable as further Additional Rent. An administrative fee of Two Hundred
and 00/100 Dollars ($200) shall also be paid by Tenant to Landlord for each monthly payment of Base Rent paid more than five (5) Business
Days after the same is due and payable.

 

ARTICLE III.

 

CONDITION
OF PREMISES

 

3.1.          Condition
of Premises. EXCEPT FOR THE LANDLORD’S 18 CROSBY WORK, THE PREMISES SHALL BE
DELIVERED TO, AND ACCEPTED BY, TENANT IN ITS EXISTING “AS-IS” CONDITION AND LANDLORD SHALL HAVE NO OBLIGATION TO MAKE
ANY IMPROVEMENTS THERETO. LANDLORD HEREBY DISCLAIMS ANY EXPRESS OR IMPLIED REPRESENTATION OR WARRANTY THAT THE PREMISES ARE SUITABLE
FOR TENANT’S INTENDED PURPOSE OR USE, WHICH DISCLAIMER IS HEREBY ACKNOWLEDGED BY TENANT. THE TAKING OF POSSESSION BY TENANT
SHALL BE CONCLUSIVE EVIDENCE THAT TENANT (A) ACCEPTS THE PREMISES, THE BUILDING AND LEASEHOLD IMPROVEMENTS AND THE PROPERTY AS
SUITABLE FOR THE PURPOSES FOR WHICH THE PREMISES WERE LEASED, (B) ACCEPTS THE PREMISES, BUILDING AND PROPERTY AS BEING IN GOOD
AND SATISFACTORY CONDITION, (C) WAIVES ANY DEFECTS IN THE PREMISES AND ITS APPURTENANCES EXISTING NOW OR IN THE FUTURE, AND
(D) WAIVES ALL CLAIMS BASED ON ANY IMPLIED WARRANTY OF SUITABILITY OR HABITABILITY.

 

    14

     

    

 

3.2.          Landlord’s
18 Crosby Work. Subject to delays due to Force Majeure and any Tenant Delays, Landlord shall submit for purchase the HVAC units referenced
in Exhibit C on or before January 1, 2022 and use commercially reasonable efforts to complete the HVAC work referenced
in Exhibit C on or before June 1, 2022 (the “Landlord’s 18 Crosby Work”). Landlord shall use
commercially reasonable efforts to minimize disruption to Tenant’s business operations during Landlord’s construction and
performance of the Landlord’s 18 Crosby Work, but there shall be no diminution or abatement of Base Rent or Additional Rent or
other compensation due from Landlord to Tenant hereunder, nor shall this Lease be affected or any of Tenant’s obligations thereunder
reduced, and Landlord shall have no responsibility or liability of any inconvenience or disruption to Tenant’s business. Any increase
in costs and expenses caused by changes to the description of the Landlord’s 18 Crosby Work as a result of any request by Tenant,
subject to Landlord’s approval in Landlord’s reasonable discretion, shall be borne solely by Tenant, provided Landlord has
advised Tenant of the increased cost and Tenant has approved such costs in writing in connection with Tenant’s request for such
change order. Any such cost increase shall be due and payable by Tenant, as Additional Rent, within ten (10) days of Tenant’s
receipt of Landlord’s invoice therefor. Tenant acknowledges and agrees that, with the exception of Landlord’s 18 Crosby Work,
Tenant is accepting the Building and the Premises in their “as is” condition and Landlord shall not be obligated to construct
any improvements on behalf of Tenant. It is specifically understood and agreed that, with the exception of Landlord’s 18 Crosby
Work, Landlord has no obligation and has made no promises to alter, remodel, improve, renovate, repair or decorate the Premises, the
Buildings, or any part thereof, or, except as hereinafter specifically set forth, to provide any allowance for such purposes, and that
no representations respecting the condition of the Premises or the Building have been made by Landlord to Tenant, except as expressly
set forth herein. Tenant acknowledges that neither Landlord nor any representative of Landlord has made any representation as to the
condition or the suitability of the Property or Premises for Tenant’s intended use. Tenant represents and warrants that Tenant
has made its own inspection of the Premises. All telephone and data wiring shall not be part of Landlord’s 18 Crosby Work and shall
be paid for and installed by Tenant. Notwithstanding anything to the contrary contained herein, Landlord and Tenant hereby acknowledge
and agree that the Landlord’s 18 Crosby Work shall be Landlord’s personal property for all purposes and, upon the expiration
or earlier termination of this Lease, Landlord shall retain all such Landlord’s 18 Crosby Work, and any and all such Landlord’s
18 Crosby Work shall not be removed at any time, whether during or after the term of this Lease.

 

On or before April 30,
2024, Tenant may provide Landlord written notice requesting that Landlord upgrade the electric service at the 18 Crosby Building to 3000
AMP, 480 Volt Service, and Landlord shall perform such work at Landlord’s sole cost and expense. Landlord shall use commercially
reasonable efforts to minimize disruption to Tenant’s business operations during Landlord’s performance of such work, but
there shall be no diminution or abatement of Base Rent or Additional Rent or other compensation due from Landlord to Tenant hereunder,
nor shall this Lease be affected or any of Tenant’s obligations thereunder reduced, and Landlord shall have no responsibility or
liability of any inconvenience or disruption to Tenant’s business.

 

    15

     

    

 

3.2.1.            Tenant’s
Work. Subject to the terms of this Section 3.2.1, other applicable provisions of this Lease and Landlord’s consent, which
consent shall not be unreasonably withheld, delayed or conditioned, Tenant may engage its own architects, engineers, consultants, general
contractor and subcontractors to perform certain commercially reasonable improvements to (i) the 18 Crosby Premises (the “18
Crosby Tenant Improvements”) and (ii) the 14 Crosby Premises (the “14 Crosby Tenant Improvements, and together
with the 18 Crosby Tenant Improvements, the “Tenant Improvements”) in accordance with plans and specifications first
approved by Landlord, which approval shall not be unreasonably withheld, conditioned or delayed (the “Tenant’s 18 Crosby
Work” and the “Tenant’s 14 Crosby Work”, respectively, and collectively, the “Tenant’s
Work”). The entire Tenant’s Work shall be performed in a good and workmanlike manner and in compliance with all applicable
laws, and Tenant and Tenant’s architects, engineers, consultants, general contractor and subcontractors shall perform such Tenant’s
Work in compliance with all reasonable rules and regulations adopted by Landlord from time to time. The Tenant’s 18 Crosby
Work and the Tenant’s 14 Crosby Work, as applicable, shall each be deemed to be “Substantially Complete” with respect
to the 18 Crosby Premises or the 14 Crosby Premises, as applicable, on the date that all of the Tenant’s 18 Crosby Work or the
Tenant’s 14 Crosby Work, as applicable, has been performed, other than any details of construction, mechanical adjustment or any
other similar matter, the non-completion of which does not materially interfere with Tenant’s use of the 18 Crosby Premises or
the 14 Crosby Premises, as applicable, and which can be completed or remedied after Tenant takes possession of the 18 Crosby Premises
or the 14 Crosby Premises, as applicable, without causing material interference to Tenant’s use and occupancy of the 18 Crosby
Premises or the 14 Crosby Premises, as applicable. Tenant shall obtain a certificate of occupancy with respect to the 18 Crosby Premises
and the 14 Crosby Premises, as applicable, as issued by the applicable governing authority, and shall deliver such certificate of occupancy
with respect to the 18 Crosby Premises and the 14 Crosby Premises, as applicable, to Landlord once received. As part of any such Tenant’s
Work, Tenant shall use commercially reasonable efforts to minimize noise and/or odors being transmitted outside the 18 Crosby Premises
and the 14 Crosby Premises. Prior to commencing any such Tenant’s Work, Tenant shall deliver to Landlord any such plans and obtain
Landlord’s approval of the same. Landlord’s approval of such plans shall not be unreasonably withheld or delayed. Before
commencing any such Tenant’s Work, Tenant shall (a) obtain (and deliver to Landlord copies of) all required permits and authorizations
of any state, federal or municipal governing body for such work, and (b) deliver to Landlord certificates (in form reasonably acceptable
to Landlord) evidencing the following insurance coverages from each contractor and subcontractor: (i) worker’s compensation
insurance covering all persons to be employed in the performance of the Tenant’s Work, (ii) commercial general liability insurance
on a primary and non-contributory basis with a limit of liability approved by Landlord, and with contractual liability coverage, naming
Landlord, Landlord’s managing agent, Landlord’s property manager and any designated mortgagee of the 18 Crosby Building and
14 Crosby Building as additional insureds, and (iii) builders risk insurance for the full value of the Tenant’s Work performed
by such contractor and subcontractor.

 

(a)                Any reasonable
out-of-pocket expenses incurred by Landlord in connection with Landlord’s review of any such plans and inspection of any such Tenant’s
Work, including outside experts retained by Landlord for that purpose, shall be included in the 18 Crosby TI Allowance or the 14 Crosby
TI Allowance (as each term is hereinafter defined), as applicable. Landlord’s consent to the Tenant’s Work and Landlord’s
approval of any such plans shall be without liability to or recourse against Landlord, shall not release Tenant from its obligations to
comply strictly with the provisions of this Lease, and shall not constitute any representation or warranty by Landlord regarding the adequacy
for any purpose of the Tenant’s Work or any such plans or their compliance with applicable law, and shall not relieve Tenant from
obtaining Landlord’s express written approval to revisions thereto. Promptly after Substantial Completion of the Tenant’s
18 Crosby Work and the Tenant’s 14 Crosby Work, as applicable, with respect to the 18 Crosby Premises or the 14 Crosby Premises,
as applicable, Tenant shall, at Tenant’s expense, obtain and deliver to Landlord copies of all sign-offs, letters of completion,
approvals and certificates of any government authority required upon the completion of the Tenant’s 18 Crosby Work and the Tenant’s
14 Crosby Work, as applicable (including any required amendments to the certificate of occupancy for the 18 Crosby Premises, 14 Crosby
Premises, 18 Crosby Building and/or the 14 Crosby Building) and “as-built” plans and specifications for the Tenant’s
Work prepared as reasonably required by Landlord.

 

    16

     

    

 

(b)                If, in
connection with any such Tenant’s Work or any other act or omission of Tenant or Tenant’s employees, agents or contractors,
a mechanic’s lien, financing statement or other lien or violation of any applicable law, is filed against Landlord or all or any
part of the 18 Crosby Building, 14 Crosby Building or Property, Tenant shall, at Tenant’s expense, have such lien removed by bonding
or otherwise within thirty (30) days after Tenant receives notice of the filing.

 

(c)                All construction
managers, contractors and subcontractors performing work for which a license is required by applicable laws, shall be licensed by the
appropriate government authorities and approved by Landlord, which approval shall not be unreasonably withheld or delayed. Landlord’s
approval of such construction managers, contractors and subcontractors shall be without liability to or recourse against Landlord, shall
not release Tenant from its obligations to comply strictly with the provisions of this Lease, shall not constitute any warranty by Landlord
regarding the adequacy, professionalism, competence or experience of the approved construction manager, contractor, or subcontractor,
and shall not relieve Tenant from obtaining Landlord’s express prior written approval if Tenant seeks to employ any other or additional
construction manager, contractor or subcontractor. Promptly following Substantial Completion of the Tenant’s 18 Crosby Work and
the Tenant’s 14 Crosby Work, as applicable, with respect to the 18 Crosby Premises or the 14 Crosby Premises, as applicable, Tenant
shall furnish to Landlord lien waivers and releases, in form reasonably satisfactory to Landlord, from all construction managers, contractors,
subcontractors, and materialmen furnishing work, services or materials in connection with such Tenant’s Work.

  

(d)                At Tenant’s
request, Landlord shall join in any applications for any authorizations required from any government authority in connection with any
such Tenant’s Work to which Landlord has consented, and otherwise cooperate with Tenant in connection with any such Tenant’s
Work, but Landlord shall not be obligated to incur any expense or obligation in connection with any such applications or cooperation.

 

(e)                Tenant
shall not place a load on any floor of the 18 Crosby Premises or the 14 Crosby Premises exceeding the floor load per square foot which
the floor was designed to carry and which is allowed by any applicable laws.

 

(f)                 Tenant
shall be liable for any damage caused to any part of the 18 Crosby Building or the 14 Crosby Building, including its fixtures and equipment,
arising from, or as a result of, any such Tenant’s Work and/or its installation and/or removal of its signs. If Tenant performs
with Landlord’s approval any work on the roof of the 18 Crosby Building or the 14 Crosby Building (for example, in connection with
repair, maintenance, or installation of any air conditioning system), Tenant shall use only a contractor reasonably approved by Landlord
for such work and shall not do or cause anything to be done which would invalidate Landlord’s then effective roof guaranty for the
18 Crosby Building or 14 Crosby Building. Tenant shall also be responsible for promptly repairing (including any necessary replacement)
any damage to the roof or the 18 Crosby Building or the 14 Crosby Building caused by such work; provided that Landlord may, at its option,
effect any such repair or replacement, in which event Tenant shall reimburse Landlord for all costs incurred by Landlord in connection
therewith within fifteen (15) days after Tenant is billed therefor.

 

(g)                For the
purposes of clarity, and notwithstanding anything to the contrary contained herein, Tenant shall not be required to remove any 18 Crosby
Tenant Improvements upon the 18 Crosby Expiration Date or sooner termination of this Lease, and Landlord and Tenant hereby acknowledge
and agree that any and all such 18 Crosby Tenant Improvements shall remain with the Premises and shall be deemed to be Landlord’s
property upon the 18 Crosby Expiration Date or sooner termination of this Lease.

 

(h)                Any increase in costs
and expenses caused by changes to the description of any such Tenant’s Work as a result of any request by Tenant, subject to Landlord’s
approval in Landlord’s sole discretion, shall be borne solely by Tenant.

 

    17

     

    

 

(i)                 18
Crosby Tenant Improvement Allowance. Landlord shall pay up to a maximum contribution of Four Million Two Hundred Forty Thousand and
00/100 Dollars ($4,240,000.00) (the “18 Crosby TI Allowance”) towards the Tenant’s 18 Crosby Work. Notwithstanding
anything contained herein to the contrary, Tenant shall be solely responsible for any costs in excess of the 18 Crosby TI Allowance and
shall pay for any out-of-pocket costs in excess of the 18 Crosby TI Allowance expended by Landlord for the Tenant’s 18 Crosby Work.
Notwithstanding the foregoing, Tenant may, in its discretion, elect to (i) apply the entire 18 Crosby TI Allowance toward hard costs
associated with the Tenant’s 18 Crosby Work, or (b) apply up to a maximum of Eight Hundred Forty-Eight Thousand and 00/100
Dollars ($848,000.00) towards costs and expenses associated with (i) lab case work (lab tables, sinks, build-in cabinets and benches, etc.:
https://www.labtechsupplyco.com/what-is-laboratory-casework/), (ii) architectural and engineers fees, (iii) data/telecom
wiring and cabling, (iv) furniture, fixtures and equipment, (v) security, and (vi) other soft costs in connection with
the Tenant’s 18 Crosby Work, and use such remaining amount of the 18 Crosby TI Allowance on hard costs and expenses associated
with the Tenant’s 18 Crosby Work, such total amount not to exceed the 18 Crosby TI Allowance. Tenant shall also be required to
pay a project management fee to Jumbo Capital Incorporated, in an amount not to exceed two and one-half percent (2.5%) of the total cost
of the Tenant’s 18 Crosby Work, which fee shall be incorporated into the 18 Crosby TI Allowance. Any portion of the 18 Crosby TI
Allowance that exceeds the cost of the Tenant’s 18 Crosby Work or is otherwise remaining after the date that is nine (9) months
after the 18 Crosby Commencement Date shall accrue to the sole benefit of Landlord, it being agreed that Tenant shall not be entitled
to any credit, offset, abatement or payment with respect thereto.

 

(j)                 14
Crosby Tenant Improvement Allowance. Landlord shall pay up to a maximum contribution of One Million Nine Hundred Sixty-Six Thousand
Two Hundred and 00/100 Dollars ($1,966,200.00) (the “14 Crosby TI Allowance”) towards the Tenant’s 14 Crosby
Work. Notwithstanding anything contained herein to the contrary, Tenant shall be solely responsible for any costs in excess of the 14
Crosby TI Allowance and shall pay for any out-of-pocket costs in excess of the 14 Crosby TI Allowance expended by Landlord for the Tenant’s
14 Crosby Work. Tenant shall also be required to pay a project management fee to Jumbo Capital Incorporated, in an amount not to exceed
(i) three percent (3%) of the total cost of the Tenant’s 14 Crosby Work if Jumbo Capital Incorporated’s affiliate, Surus,
is elected by Tenant as the projected manager for the Tenant’s 14 Crosby Work, and (ii) two percent (2%) of the total cost
of the Tenant’s 14 Crosby Work if Surus is not elected by Tenant as the project manager for the Tenant’s 14 Crosby Work. If
any portion of the 14 Crosby TI Allowance exceeds the cost of the Tenant’s 14 Crosby Work or is otherwise remaining after the date
that is nine (9) months after the 18 Crosby Commencement Date, then Tenant may allocate up to fifty percent (50%) of any such excess
of the 14 Crosby TI Allowance (the “Excess 14 Crosby TI Allowance”) toward the cost of the Tenant’s 18 Crosby
Work, and such amount will be added to the 18 Crosby TI Allowance.

 

    18

     

    

 

(k)                 Landlord’s
Plans Contribution. Landlord shall contribute Six Thousand Three Hundred Sixty and 00/100 Dollars ($6,360.00) (i.e., $0.12 per rentable
square foot of the 18 Crosby Premises) (the “Landlord’s Plans Contribution”) towards the cost of any such plans
created in connection with the Tenant’s 18 Crosby Work, such amount to be included as a part of, and deducted from, the 18 Crosby
TI Allowance. Landlord shall reimburse Tenant for Landlord’s Plans Contribution within thirty (30) days after Tenant has delivered
to Landlord an invoice for the services rendered, and such other documentation as reasonably requested by Landlord.

 

(l)                 Payment
of 18 Crosby TI Allowance. Provided Tenant has delivered to Landlord documentation detailing the applicable costs, including, without
limitation, invoices, bills statements for the work completed or services rendered, and the materials and supplies used, and such other
documentation as reasonably requested by Landlord, then Landlord shall make payment directly to Tenant within a commercially reasonable
time period after Landlord’s receipt of such written request by Tenant and Landlord’s receipt of such documentation that portion
of the 18 Crosby TI Allowance as outlined therein; provided, however, that if the total or estimated cost for the performance of the Tenant’s
18 Crosby Work will likely exceed the 18 Crosby TI Allowance, as reasonably determined by Landlord and Tenant, then Landlord, within a
commercially reasonable time period, shall make such payment to Tenant directly for any portion of the Tenant’s 18 Crosby Work cost
actually paid by Tenant on a pro rata basis, calculated according to the 18 Crosby TI Allowance, plus the Additional TIA (as defined below)
and the Excess 14 Crosby TI Allowance, versus the total cost and full scope budget for performance of the Tenant’s 18 Crosby Work,
which total cost and full scope budget shall be provided by Tenant to Landlord on or prior to the date of execution of this Lease. For
the purposes of clarity and by way of an example, if the total cost and full scope budget provided by Tenant shows a total cost of the
Tenant’s 18 Crosby Work equal to $8,480,000.00 (i.e., $160.00 per the rentable square feet of the 18 Crosby Premises of 53,000),
and Tenant utilizes the maximum amount of the Additional TIA (equal to $2,120,000.00) and the Excess 14 Crosby TI Allowance (equal to
$983,100.00), then Landlord shall only be responsible for the payment of Eighty-Six and Six-Tenths percent (86.6%) of the cost of any
such invoice or request for payment made by Tenant ($7,343,100 / $8,480,000.00 = .866* 100 = 86.6%). Any such contractor shall issue two
(2) invoices, one with respect to Tenant’s share of such invoice, and one with respect to Landlord’s share of such invoice.

 

(m)               Payment
of 14 Crosby TI Allowance. Provided Tenant has delivered to Landlord documentation detailing the applicable costs, including, without
limitation, invoices, bills statements for the work completed or services rendered, and the materials and supplies used, and such other
documentation as reasonably requested by Landlord, then Landlord shall make payment directly to Tenant within a commercially reasonable
time period after Landlord’s receipt of such written request by Tenant and Landlord’s receipt of such documentation that portion
of the 14 Crosby TI Allowance as outlined therein; provided, however, that if the total or estimated cost for the performance of the Tenant’s
14 Crosby Work will likely exceed the 14 Crosby TI Allowance, as reasonably determined by Landlord and Tenant, then Landlord, within a
commercially reasonable time period, shall make such payment to Tenant directly for any portion of the Tenant’s 14 Crosby Work cost
actually paid by Tenant on a pro rata basis, calculated according to the 14 Crosby TI Allowance versus the total cost and full scope budget
for performance of the Tenant’s 14 Crosby Work, which total cost and full scope budget shall be provided by Tenant to Landlord on
or prior to the date of execution of this Lease. Any such contractor shall issue two (2) invoices, one with respect to Tenant’s
share of such invoice, and one with respect to Landlord’s share of such invoice.

 

    19

     

    

 

(n)                Additional
TIA. Within six (6) months following the execution of this Lease, Tenant may send Landlord a written request for up to an additional
$40/RSF of the 18 Crosby Premises (i.e., an additional $2,120,000.00) (the “Additional TIA”), which Additional TIA
must be used by Tenant in connection with the Tenant’s 18 Crosby Work. In the event that Tenant timely requests such Additional
TIA, then (i) effective upon such timely request, the Base Rent with respect to the 18 Crosby Premises shall be increased by the
amount necessary to fully amortize the Additional TIA in equal monthly payments with interest at a rate of eight percent (8%) per annum
over the period from such request to the scheduled expiration date with respect to the 18 Crosby Premises, and (ii) Landlord and
Tenant shall promptly execute a written instrument confirming the increased Base Rent with respect to the 18 Crosby Premises as a result
hereunder in order to confirm the same. Notwithstanding anything to the contrary contained herein, Landlord and Tenant hereby acknowledge
and agree that, prior to Tenant sending to Landlord such written request for the Additional TIA, Tenant shall have used the entirety of
the Excess 14 Crosby TI Allowance toward the cost of the Tenant’s 18 Crosby Work.

 

3.3.          Access.
Subject to Section 5.10 herein, and other applicable provisions herein, Tenant shall have access to the Building and Premises twenty-four
hours per day, seven days per week.

 

3.4.          Alterations
and Additions: This Section 3.4 shall apply before and during the Term. With respect to the 18 Crosby Premises, Tenant shall
not make any alterations or additions to the 18 Crosby Premises or any 18 Crosby Building systems which (a) are structural in nature
or (b) equal or exceed Fifty Thousand and 00/100 Dollars ($50,000.00) in cost except in accordance with plans and specifications
first approved by Landlord in writing, which approval may be given or withheld for any reason, or for no reason. With respect to the
14 Crosby Premises, Tenant shall not make any alterations or additions to the 14 Crosby Premises or any 14 Crosby Building systems which
(a) are structural in nature or (b) equal or exceed Fifty Thousand and 00/100 Dollars ($50,000.00) in cost except in accordance
with plans and specifications first approved by Landlord in writing, which approval may be given or withheld for any reason, or for no
reason. With respect to the 18 Crosby Premises, Tenant shall not make any non-structural alterations or additions to the 18 Crosby Premises
or any 18 Crosby Building systems costing less than $50,000.00 except in accordance with plans and specifications first approved by Landlord
in writing, which approval shall not be unreasonably withheld, conditioned, or delayed. With respect to the 14 Crosby Premises, Tenant
shall not make any non-structural alterations or additions to the 14 Crosby Premises or any 14 Crosby Building systems costing less than
$50,000.00 except in accordance with plans and specifications first approved by Landlord in writing, which approval shall not be unreasonably
withheld, conditioned, or delayed. All alterations and additions shall be part of the Building unless and until Landlord shall specify
the same for removal pursuant to Section 5.2. All of Tenant’s alterations and additions and installation of furnishings shall
be coordinated with any work being performed by or for Landlord and in such manner as to maintain harmonious labor relations and not
to damage the Building or Lot or interfere with Building or Office Park operation and, except for installation of furnishings, shall
be performed by contractors or workmen first approved by Landlord, such approval not to be unreasonably conditioned, withheld or delayed.
Tenant, before its work is started shall: secure all licenses and permits necessary, deliver to Landlord a statement of the names of
all its contractors and subcontractors and security reasonably satisfactory to Landlord protecting Landlord against liens arising out
of the furnishing of labor and material; and cause each contractor to carry workmen’s compensation insurance in statutory amounts
covering all the contractor’s and subcontractor’s employees and comprehensive public liability insurance with such limits
no less than as stated in Section 1.1 hereof (all such insurance to be written in companies in good standing and insuring Landlord
and Tenant as well as the contractors), and to deliver to Landlord certificates of all such insurance. Tenant agrees to pay promptly
when due the entire cost of any work done on the Premises by Tenant, its agents, employees, or independent contractors, and not to cause
or permit mechanics’ or other liens to be placed upon the Property, Premises or Tenant’s leasehold interest in connection
with any work or service done or purportedly done by or for the benefit of Tenant or its subtenants or transferees. Tenant shall give
Landlord notice at least fifteen (15) days prior to the commencement of any work in the Premises to afford Landlord the opportunity,
where applicable, to post and record notices of non-responsibility. Tenant, within twenty (20) days of notice from Landlord, shall fully
discharge any lien by settlement, by bonding or by insuring over the lien in the manner prescribed by the applicable lien Law and, if
Tenant fails to do so, Tenant shall be deemed in Default under this Lease and, in addition to any other remedies available to Landlord
as a result of such Default by Tenant, Landlord, at its option, may bond, insure over or otherwise discharge the lien. Tenant shall reimburse
Landlord for any amount paid by Landlord, including, without limitation, reasonable attorneys’ fees. Landlord shall have the right
to require Tenant to post a performance or payment bond in connection with any work or service done or purportedly done by or for the
benefit of Tenant. Tenant acknowledges and agrees that all such work or service is being performed for the sole benefit of Tenant and
not for the benefit of Landlord. Tenant shall pay, as Additional Rent, 100% of any increase in Real Estate Taxes, on either the 18 Crosby
Building and/or the 14 Crosby Building, as applicable, which shall, at any time after commencement of the Term, result from any alteration,
addition or improvement to the 18 Crosby Premises and/or the 14 Crosby Premises, as applicable, made by Tenant. Tenant shall reimburse
Landlord for any sums paid by Landlord for third party examination of Tenant’s plans and specifications. In addition, Tenant shall
pay Landlord a fee for Landlord’s oversight and coordination of any alterations or additions equal to five percent (5%) of the
cost of such alterations and additions. Upon completion, Tenant shall furnish “as-built” plans for the alterations and additions,
completion affidavits and full and final waivers of lien. Landlord’s approval of an alteration or addition shall not be deemed
a representation by Landlord that the alteration or addition complies with Law.

 

    20

     

    

 

3.4.1             Tenant’s
Canopy Work. Tenant shall install, at Tenant’s sole cost and expense, a new canopy (the “Canopy”) on the
exterior of the 18 Crosby Building (the “Canopy Work”) in accordance with (i) any and all applicable Laws, (ii) all
terms and conditions of this Lease, and (iii) all plans and specifications approved by Landlord, such approval not to be unreasonably
withheld, conditioned or delayed. The Canopy Work shall be performed by Tenant in a good and workman-like manner. Tenant shall, at its
sole cost and expense, be solely responsible for any and all repair, maintenance and replacement costs related to or with respect to the
Canopy, and Tenant shall defend, indemnify and save harmless, Landlord and its agents and employees against and from all liabilities,
obligations, damages, penalties, claims, costs, charges and expenses, including reasonable attorneys’ fees, which may be imposed
upon or incurred by or asserted against Landlord and/or its agents by reason of any work in connection with the Canopy. Notwithstanding
anything to the contrary contained herein, provided that (i) such Canopy Work is complete and (ii) Tenant has delivered to Landlord
documentation detailing the applicable costs, including, without limitation, invoices, bills, statements for the work completed or services
rendered, and the materials and supplies used, and such other documentation as reasonably requested by Landlord (including, without limitation,
any and all lien waivers and releases, in form reasonably satisfactory to Landlord, from all construction managers, contractors, subcontractors,
and materialmen furnishing work, services or materials in connection with such Canopy Work), then Landlord shall make payment directly
to Tenant within a commercially reasonable time period after Landlord’s receipt of such written request by Tenant and Landlord’s
receipt of such documentation equal to the lesser of (i) Seventy-Five and 00/100 Dollars ($75,000.00) and (ii) twenty percent
(20%) of the cost with respect to the initial Canopy Work.

 

    21

     

    

 

Upon Tenant’s written
notice to Landlord that the Canopy Work is complete, Landlord shall, within sixty (60) days following receipt of such notice, (i) provide
bench seating by the Canopy and (ii) enhance the landscaping at the 14 Crosby Building (the “14 Crosby Landscaping Upgrades”);
provided, however, that Landlord shall only be responsible to spend Fifty Thousand and 00/100 Dollars ($50,000.00) in connection with
the 14 Crosby Landscaping Upgrades. In addition, and notwithstanding anything to the contrary contained herein, Landlord shall engage
in procuring five (5) dual port EV stations within a commercially reasonable period of time following the execution of this Lease,
provided, however, that Landlord shall not be responsible to install such EV stations by a certain date.

 

3.5.          General
Provisions Applicable to Construction: All construction work required or permitted by this Lease shall be done in a good and workmanlike
manner, with materials comparable to the 18 Crosby Building and/or the 14 Crosby Building, as applicable, standard materials, and in
compliance with all applicable laws and all lawful ordinances, regulations and orders of governmental authority and insurers of the 18
Crosby Building and/or the 14 Crosby Building, as applicable. Each party may inspect the work of the other at reasonable times and shall
promptly give notice of observed defects.

 

ARTICLE IV.

 

LANDLORD’S
COVENANTS; INTERRUPTIONS AND DELAYS

 

4.1.          Landlord’s
Covenants: Landlord covenants:

 

4.1.1.            Roof,
Exterior Wall, Floor Slab and Common Facility Repairs: With respect to the 18 Crosby Premises, except as otherwise provided in Article VI,
that Landlord shall be responsible for repairs to the exterior walls and foundation of the 18 Crosby Building, the structural portions
of the floors of the 18 Crosby Building, the common areas of the Office Park, as well as the initial replacement of the HVAC systems pursuant
to and in accordance with Section 3.2 of this Lease, except to the extent that such repairs are required due to the acts and/or omissions
of Tenant; provided, however, that if such repairs are due to the acts and/or omissions of Tenant, Landlord shall nevertheless make such
repairs at Tenant’s expense, or, if covered by Landlord’s insurance, Tenant shall only be obligated to pay any deductible
in connection therewith. Subject to all terms and conditions contained herein, Landlord may, but shall not be required to, enter the 18
Crosby Premises at all reasonable times and upon reasonable prior notice to make such repairs, alterations, improvements or additions
to the 18 Crosby Premises or to the Property or to any equipment located in the Property as Landlord shall desire or deem necessary or
as Landlord may be required to do by governmental or quasi-governmental authority or court order or decree. Notwithstanding anything to
the contrary contained herein, Landlord shall perform the work listed on Schedule 4.1.1 attached hereto and incorporated herein
by this reference (the “Schedule 4.1.1 Work”). Subject to delays due to Force Majeure and Tenant Delays, Landlord shall
use commercially reasonable efforts to complete the Schedule 4.1.1 Work on or before August 1, 2022, provided, however, that Tenant
shall not be entitled to any abatement, suspension, deferment or reduction of or from Rent in the event that Landlord fails to complete
the Schedule 4.1.1 on or before August 1, 2022. Notwithstanding anything to the contrary contained herein, in the event that Landlord
elects to hire JM Coull to perform the Schedule 4.1.1 Work, Landlord shall only be responsible to pay up to a maximum contribution of
$130,500.00 (the “Schedule 4.1.1 Allowance”) towards the Schedule 4.1.1 Work. Notwithstanding anything contained herein
to the contrary, Tenant shall be solely responsible for any costs in excess of the Schedule 4.1.1 Allowance in the event that Landlord
elects to hire JM Coull to perform the Schedule 4.1.1 Work and Tenant shall pay for any out-of-pocket costs in excess of the Schedule
4.1.1 Allowance expended by Landlord for the Schedule 4.1.1 Work.

 

    22

     

    

 

With respect to
the 14 Crosby Premises, except as otherwise provided in Article VI, Landlord covenants to maintain the structure of the 14 Crosby
Building, including without limitation the roof, footings, foundations, floor slabs, exterior walls and windows, all other structural
elements of the 14 Crosby Building, all major 14 Crosby Building systems, life safety systems, all common heating, plumbing, electrical,
air conditioning, elevators, mechanical and other fixtures and equipment and exterior, parking areas, and grounds of the 14 Crosby Building,
in good, first class operating condition, normal wear and tear and damage by fire and other casualty only excepted, unless such maintenance
is required because of any damage to the same caused by Tenant, its employees, agents, contractors or invitees, or those for whose conduct
Tenant is legally responsible, which damage shall be repaired promptly by Tenant at its sole expense except to the extent covered by Landlord’s
property insurance, and to provide the services described in Exhibit D to the 14 Crosby Building. Notwithstanding anything
to the contrary contained here, following the 14 Crosby Commencement Date, Landlord shall enhance the landscaping at the 14 Crosby Building
in the Spring or Summer of calendar year 2022 (the “Landscaping Enhancements”), such Landscaping Enhancements to be
made in Landlord’s sole but reasonable discretion, and Landlord and Tenant hereby acknowledge and agree that Landlord shall only
be responsible to spend up to a maximum amount of Twenty Thousand and 00/100 Dollars ($20,000.00) towards any such Landscaping Enhancements.

 

If Landlord, at
Tenant’s request, provides any services which are not Landlord’s express obligation under this Lease, including, without limitation,
any repairs which are Tenant’s responsibility, Tenant shall pay Landlord, or such other party designated by Landlord, the cost of
providing such service plus a commercially reasonable administrative charge.

 

4.1.2.            Quiet
Enjoyment: that Tenant, on paying the rent and performing the Tenant’s obligations in this Lease, shall peacefully and quietly
have, hold and enjoy the Premises, subject to all the terms and provisions hereof.

 

4.2.          Interruptions
and Delays in Services and Repairs, Etc.: Except as otherwise contained herein, Landlord shall not be liable to Tenant for any compensation
or reduction of rent by reason of inconvenience or annoyance or for loss of business arising from the necessity of Landlord or its agents
entering the Premises for any of the purposes in this Lease authorized, or for repairing the Premises or any portion of the Building or
Office Park however the necessity may occur. Except as otherwise contained herein, in case Landlord is prevented or delayed from making
any repairs, alterations or improvements, or furnishing any services or performing any other covenant or duty to be performed on Landlord’s
part, by reason of any cause reasonably beyond Landlord’s control, Landlord shall not be liable to Tenant therefore, nor, except
as expressly otherwise provided in Section 6.1, shall Tenant be entitled to any abatement or reduction of rent by reason thereof,
nor shall the same give rise to a claim in Tenant’s favor that such failure constitutes actual or constructive, total or partial,
eviction from the Premises.

 

    23

     

    

 

Landlord reserves the right to stop any service
or utility system, when necessary by reason of accident or emergency, or until necessary repairs have been completed; provided, however,
that in each instance of stoppage, Landlord shall exercise reasonable diligence to eliminate the cause thereof. Except in case of emergency
repairs, Landlord will give Tenant reasonably advance notice of any contemplated stoppage and will use reasonable efforts to avoid
unnecessary inconvenience to Tenant by reason thereof. Landlord also reserves the right to institute such policies, programs and measures
as may be reasonably necessary or required to comply with applicable codes, rules, or regulations.

 

Notwithstanding anything to the contrary contained
in this Lease, if the 18 Crosby Premises or the 14 Crosby Premises, as applicable, or a material portion of the 18 Crosby Premises or
the 14 Crosby Premises, as applicable, are made untenantable for a period in excess of ten (10) consecutive days as a result of a
service failure that is within the control of Landlord to correct and such interruption was caused by Landlord’s negligence or willful
misconduct, and Tenant is unable to use the 18 Crosby Premises or the 14 Crosby Premises, as applicable, for Tenant’s Permitted
Use with respect to the 18 Crosby Premises or the 14 Crosby Premises, as applicable, as a result of such interruption, then Tenant, as
its sole remedy, shall be entitled to receive a day-for-day abatement of Base Rent payable hereunder for the period commencing on the
eleventh (11th) consecutive day of such untenantability and ending on the date on which such condition is remedied. If the
entire 18 Crosby Premises or the 14 Crosby Premises, as applicable, have not been rendered untenantable by the service failure, the amount
of abatement shall be equitably pro-rated.

 

ARTICLE V.

 

TENANT’S
COVENANTS

 

Tenant covenants during the Term and such further
time as Tenant occupies any part of the Premises:

 

5.1.          Payments:
To pay when due all Base Rent and Additional Rent.

 

5.2.          Repair
and Yield Up: Except as otherwise provided in Article VI and Section 4.1.1, to keep the Premises and all Building systems
within the Premises in reasonably good order, repair and condition, reasonable wear and tear only excepted, and all glass in windows (except
glass in exterior walls unless the damage thereto is attributable to Tenant’s negligence or misuse and not otherwise covered by
Landlord’s property insurance pursuant to Section 5.7 below) and doors of the Premises whole and in reasonably good condition
with glass of the same quality as that injured or broken, damage by fire only excepted, and at the expiration or termination of this Lease
peaceably yield up the Premises and all alterations and additions thereto in reasonably good order, repair and condition, reasonable wear
and tear excepted, unless removal of any such alterations and additions (including partitions) is previously agreed in writing by Landlord
and Tenant at the time Landlord consents to such alteration (in the event Landlord’s consent is required), in which case all such
alterations and additions shall be removed by Tenant, at Tenant’s sole cost and expense, and Tenant shall repair any damage caused
by such removal and restore the Premises to the condition existing prior to installation of such alteration or addition, and leave the
Premises clean and neat. Tenant further covenants to periodically inspect the Premises to identify any conditions that are dangerous or
in need of maintenance or repair. Tenant shall promptly provide Landlord with notice of any such conditions. Tenant, at its sole cost
and expense, shall perform all maintenance and repairs to the Premises that are not Landlord’s express responsibility under this
Lease, and keep the Premises in reasonably good condition and repair, reasonable wear and tear excepted. If Tenant fails to make any repairs
to the Premises for more than fifteen (15) days after notice from Landlord (although notice shall not be required in an emergency), Landlord
may make the repairs, and, within thirty (30) days after demand, Tenant shall pay the reasonable cost of the repairs, together with an
administrative charge in an amount equal to ten percent (10%) of the cost of the repairs. Without limitation, Tenant shall be responsible
for electrical, plumbing, heating, ventilating and air-conditioning systems and equipment (“Tenant’s HVAC Equipment”)
and other utility services serving the 18 Crosby Premises. Tenant shall maintain such systems in a commercially reasonable first-class
condition and in accordance with any applicable manufacturer specifications relating to any particular component of such systems. Tenant
shall secure, pay for, and keep in force contracts (“Service Contracts”) with qualified, experienced and reputable
service companies reasonably approved by Landlord providing for the regular maintenance of such systems. Tenant shall maintain preventive
maintenance records relating to the foregoing systems (“Preventative Maintenance Records”) in accordance with standards
for first class office and research and development buildings. Tenant shall deliver a copy of all current Service Contracts to Landlord
within ten (10) days after each such Service Contract is executed and shall deliver to Landlord a copy of the Preventative Maintenance
Records once per year, if requested by Landlord.

 

    24

     

    

 

Notwithstanding anything to the
contrary contained herein, Tenant shall be responsible, at Tenant’s sole cost and expense, during the term for the operation,
maintenance, repair, and replacement of any and all such systems serving the 18 Crosby Premises as of the date of this Lease, as
well as any such system(s) installed by Tenant during the term of this Lease. Tenant shall also be responsible, at its sole
cost and expense, for obtaining and maintaining any and all licenses, permits, and approvals required in connection with said
systems. In connection with Tenant’s maintenance of said systems, Tenant shall contract with a third party reasonably
acceptable to Landlord (pursuant to a contract in form and content reasonably acceptable to Landlord) for the maintenance of said
system in accordance with best practices. Tenant and its agents, contractors, subcontractors, servants, employees, licensees or
invitees shall use said systems in accordance with all terms and conditions of this Lease, all applicable Laws, and all applicable
licenses, permits, and approvals required in connection with the operation and maintenance of such systems. Tenant shall properly
clean, decommission and cease Tenant’s use of such systems on the expiration date or earlier termination of this Lease and
shall release all licenses, permits and approvals obtained by Tenant in connection with such systems. Tenant agrees that the
installation, operation, maintenance, repair and/or removal of any such systems shall be at its sole risk. Tenant shall indemnify
and defend Landlord and the Landlord Indemnitees (as hereinafter defined) against any liability, claim or cost, including reasonable
attorneys’ fees, incurred in connection with the loss of life, personal injury, damage to property or business or any other
loss or injury (except to the extent due to the negligent act or omission or willful misconduct of Landlord or its employees, agents
or contractors) to the extent arising out of the installation, use, operation, or removal of any such systems by Tenant or its
employees, agents, or contractors, including any liability arising out of Tenant’s violation of this Section. Landlord assumes
no responsibility for interference in the operation of any such systems, and Tenant hereby waives any claims against Landlord
arising from such interference. The provisions of this paragraph shall survive the expiration or earlier termination of this Lease.
Tenant shall not remove any such system installed by Tenant unless removal of any such system is previously agreed in writing by
Landlord, in which case any such system shall be removed by Tenant, at Tenant’s sole cost and expense, and Tenant shall repair
any damage caused by such removal and restore the 18 Crosby Premises to the condition existing prior to installation of such
system.

 

5.3.          Use:
To use and occupy the Premises for the Permitted Use only, as applicable, and not to injure or deface the Premises, Building, Office Park
or Lot, nor to permit in the Premises any auction sale, or inflammable fluids or chemicals, except as expressly authorized or permitted
hereunder, or nuisance, or the emission from the Premises of any objectionable noise or odor, nor to use or devote the Premises or any
part thereof for any purpose other than the Permitted Uses, as applicable, nor any use thereof which is inconsistent with the maintenance
of the Building as an office Building and/or office, lab and research Building, as applicable, of first class in the quality of its maintenance,
use and occupancy, or which is improper, offensive, contrary to law or ordinance or liable to invalidate or increase the premiums for
any insurance on the 18 Crosby Building and/or the 14 Crosby Building, as applicable, or its contents or liable to render necessary any
alteration or addition to the 18 Crosby Building and/or the 14 Crosby Building, as applicable. In addition to all other remedies of Landlord,
Landlord may require Tenant, promptly upon demand, to reimburse Landlord for the full amount of any additional premiums charged for such
policy or policies by reason of Tenant’s failure to comply with the provisions of this Lease, including, but not limited to, this
Section 5.3. Tenant shall comply with all statutes, codes, ordinances, orders, rules and regulations of any municipal or governmental
entity whether in effect now or later (“Law(s)”) regarding the operation of Tenant’s business, the use, condition,
configuration and occupancy of the 18 Crosby Premises and/or the 14 Crosby Premises, as applicable, and the 18 Crosby Building and/or
the 14 Crosby Building, as applicable, systems located in or exclusively serving the 18 Crosby Premises and/or the 14 Crosby Premises,
as applicable. In addition, Tenant shall, at its sole cost and expense, promptly comply with any Laws that relate to the “Base Building”
(defined below), but only to the extent such obligations are triggered by Tenant’s use of the Premises, other than for the Permitted
Use, as applicable, or alterations or improvements in the 18 Crosby Premises and/or the 14 Crosby Premises, as applicable, performed or
requested by Tenant. “Base Building” shall include the structural portions of the 18 Crosby Building and/or the 14
Crosby Building, as applicable, the public restrooms and the 18 Crosby Building and/or the 14 Crosby Building, as applicable, mechanical,
electrical and plumbing systems and equipment located in the internal core of the 18 Crosby Building and/or the 14 Crosby Building, as
applicable, on the floor or floors on which the 18 Crosby Premises and/or the 14 Crosby Premises, as applicable, are located. Tenant shall
promptly provide Landlord with copies of any notices it receives regarding an alleged violation of Law. Tenant shall not exceed the standard
density limit for the 18 Crosby Building and/or the 14 Crosby Building, as applicable. Tenant shall comply with the rules and regulations
of the Building attached as Exhibit F and such other reasonable rules and regulations adopted by Landlord from time to
time, including rules and regulations for the performance of alterations and the rules and regulations for the Office Park.

 

    25

     

    

 

5.4.          Obstructions;
Items Visible From Exterior; Rules and Regulations: Not to obstruct in any manner any portion of the Building not hereby
leased or any portion thereof or of the Lot used by Tenant in common with others; not, without written prior consent of Landlord
which consent may be withheld or delayed for any reason, or for no reason, to permit the painting or placing of any signs on doors
or any signs, curtains, blinds, shades, awnings, aerials or flagpoles, or the like, visible from outside the Premises; and to comply
with all reasonable Rules and Regulations now or hereafter made by Landlord, of which Tenant has been given notice, in all
instances for the care and use of the Building, Office Park and Lot and their facilities and approaches, including without
limitation the Rules and Regulations set forth in Exhibit F hereto; Landlord shall not be liable to Tenant for the
failure of other occupants of the Building to conform to such Rules and Regulations.

 

5.5.          Safety
Appliances; Licenses: To keep the entire Premises equipped with all safety appliances required by law or ordinance or any other regulation
of any public authority because of any use made by Tenant other than normal office use, and to procure all licenses and permits so required
because of such use other than normal office use and, if requested by Landlord, to do any work so reasonably required because of such
use, it being understood that the foregoing provisions shall not be construed to broaden in any way Tenant’s Permitted Use.

 

5.6.          Assignment;
Sublease: Except in connection with a Permitted Transfer (defined below), Tenant covenants and agrees that it shall not assign, mortgage,
pledge, hypothecate or otherwise transfer this Lease and/or Tenant’s interest in this Lease or sublet (which term, without limitation,
shall include granting of concessions, licenses or the like) the whole or any part of the Premises (a “Proposed Transfer”)
without Landlord’s prior written consent, not to be unreasonably withheld, subject to the following provisions. Without limitation,
it is agreed that Landlord’s consent shall not be considered unreasonably withheld, conditioned or delayed if the proposed transferee
is a governmental entity or an occupant of the Building or an occupant of any other buildings within the same project or the Office Park
or if the proposed transferee, whether or not an occupant of the Building or an occupant of any other buildings within the same project
or the Office Park, is in discussions with Landlord regarding the leasing of space within the Building or within any other buildings
within the same project or the Office Park. Any assignment, mortgage, pledge, hypothecation, transfer or subletting not expressly permitted
in or consented to by Landlord by a signed writing shall be void, ab initio, shall be of no force and effect, and shall confer no rights
on or in favor of third parties. In addition, Landlord shall be entitled to seek specific performance of or other equitable relief with
respect to the provisions hereof.

 

5.6.1.            Any
request for Landlord’s consent hereunder shall be accompanied by such information regarding any proposed assignee, subtenant or
occupant (the “Transferee”) as Landlord shall require. In the event Tenant desires to assign this Lease or sublet the
whole or part of the Premises, Tenant shall give Landlord a notice (a “Proposed Transfer Notice”) of any Proposed Transfer,
and said notice shall specify the provisions of the Proposed Transfer, including (a) the name and address of the proposed assignee
or subtenant, (b) such information as to the proposed assignee’s or proposed subtenant’s net worth and financial capability
and standing as may be required for Landlord to make a determination (provided, however, that Landlord shall hold such information confidential
having the right to release same to its officers, accountants, attorneys and mortgage lenders on a confidential basis), (c) all the
terms and provisions upon which the Proposed Transfer is to be made, including, without limitation, the proposed rent, and (d) such
other information as may be required by Landlord to determine that such proposed assignment or subletting complies with the requirements
of this Lease.

 

    26

     

    

 

5.6.2.            Within
thirty (30) days after receipt of the required information and documentation, Landlord shall either: (i) consent to the Proposed
Transfer by execution of a consent agreement in a form designated by Landlord; (ii) refuse to consent to the Proposed Transfer in
writing; or (iii) elect to recapture the portion of the Premises that Tenant is proposing to transfer or terminate the Lease if the
entire Premises is being assigned or sublet by notifying Tenant of its election to recapture the Premises (“Landlord’s Recapture
Notice”). If Landlord exercises its right to recapture (or terminate if the entire Premises is being assigned or sublet), (w) this
Lease shall end and expire with respect to all or a portion of the Premises, as the case may be, on the date that such assignment or sublease
was to commence, (x) Rent shall be apportioned, paid or refunded as of such date, (y) upon Landlord’s request, Tenant
shall enter into an amendment of this Lease ratifying and confirming such total or partial termination, and setting forth any appropriate
modifications to the terms and conditions of this Lease as a result thereof, and (z) Landlord may elect, in its discretion, to lease
the Premises (or any part thereof) to Tenant’s prospective assignee or subtenant; provided, however, notwithstanding any provision
contained herein to the contrary, Tenant shall have the right to rescind its request to sublet all or a portion of the Premises or assign
its interest in the Lease by notifying Landlord, in writing, within ten (10) Business Days after Tenant’s receipt of Landlords’
Recapture Notice, and if Tenant timely rescinds said request to transfer, this Lease shall continue and full force and effect pursuant
to the terms and conditions contained herein.

 

(a)                If
Landlord shall consent in writing to the Proposed Transfer, as the case may be, then, in such event, Tenant may thereafter sublease or
assign pursuant to Tenant’s Proposed Transfer Notice, as given hereunder; provided, however, that if such assignment or sublease
shall not be executed and delivered to Landlord within thirty (30) days after the date of Landlord’s consent, the consent shall
be deemed null and void. Tenant may (i) assign this Lease to a successor to Tenant by purchase, merger, consolidation or reorganization
(an “Ownership Change”), or (ii) assign this Lease or sublet all or part of the 18 Crosby Premises or the 14 Crosby
Premises, as applicable, to (A) an Affiliate or (B) subject to the terms and conditions contained herein, in connection with
the sale, transfer, or other disposition of all or a substantial part of one or more of Tenant’s business units (a “Spin-Off
Transfer”), without the consent of Landlord, provided that all of the following conditions are satisfied (each, a “Permitted
Transfer”): (a) an Event of Default, or event which with the giving of notice or the passage of time, or both, would constitute
an Event of Default, has not occurred during the term; (b) in the event of (y) an Ownership Change, Tenant’s successor
shall own substantially all of the assets of Tenant and have a net worth which is at least equal to Tenant’s net worth as of the
day prior to the proposed Ownership Change or (z) a Spin-Off Transfer, the proposed transferee has a net worth which is at least
equal to Tenant’s net worth as of the day prior to the proposed Spin-Off Transfer multiplied by a ratio, the numerator of which
is equal to the rentable square footage that the proposed transferee will occupy pursuant to the Spin-Off Transfer and the denominator
of which is equal to the approximate rentable square footage of the entire Premises (i.e., approximately 85,770 rentable square feet)
(the “Spin-Off Transfer Net Worth Requirement”); (c) the use is only for the Permitted Use, as applicable; (d) all
amounts received by Tenant under such assignment or subletting qualify as “rents from real property” for purposes of Section 512(b)(3) and
856(d) of the Code, and (e) Tenant shall give Landlord written notice at least thirty (30) Business Days prior to the effective
date of the Permitted Transfer. Tenant’s notice to Landlord shall include information and documentation evidencing the Permitted
Transfer and showing that each of the above conditions has been satisfied. “Affiliate” shall mean an entity controlled
by, controlling or under common control with Tenant (for such period of time as such entity continues to be controlled by, controlling
or under common control with Tenant, it being agreed that the subsequent sale or transfer of stock resulting in a change in voting control,
or any other transaction(s) having the overall effect that such entity ceases to be controlled by, controlling or under common control
with Tenant, shall be treated as if such sale or transfer or transaction(s) were, for all purposes, an assignment of this Lease governed
by the provisions of this Section). For the purposes of clarity, in the event that any such Spin-Off Transfer does not satisfy the Spin-Off
Transfer Net Worth Requirement, then such Spin-Off Transfer shall not be considered a Permitted Transfer and shall be subject to Landlord’s
prior written consent pursuant to the terms and conditions of this Section 5.6.

 

    27

     

    

 

(b)                If
for any assignment or sublease Tenant shall receive rent or other consideration either initially or over the term of the assignment or
sublease, in excess of the Base Rent and Additional Rent called for with respect to the 18 Crosby Premises and/or the 14 Crosby Premises,
as applicable, hereunder, Tenant shall pay to Landlord as Additional Rent, fifty percent (50%) of such excess of such payment of Rent
or other consideration received by Tenant promptly after its receipt, after deduction of all reasonable costs and expenses incurred in
connection with such assignment or sublease; provided, however, that Tenant shall provide Landlord with commercially reasonable documentation
evidencing such costs.

 

(c)                Tenant
shall not sublease the 18 Crosby Premises or the 14 Crosby Premises, as applicable, for an amount less than the lesser of (i) ninety-five
percent (95%) of the Fair Market Rent, or (ii) Tenant’s Base Rent for the period during which the proposed sublease would take
place, unless there is no vacant space in the 18 Crosby Building or the 14 Crosby Building, as applicable, or space coming available in
the 18 Crosby Building or the 14 Crosby Building, as applicable, within one (1) year, capable of delivering premises comparable in
size and quality to the portion of the 18 Crosby Premises or the 14 Crosby Premises, as applicable, proposed for sublease by the Tenant.

 

5.6.3.            It
shall be a condition precedent to the validity of any assignment that both Tenant and the assignee enter into a separate written instrument
directly with Landlord in a form and containing terms and provisions reasonably required by Landlord, including, without limitation, the
agreement of the assignee to be bound directly to Landlord for all the obligations of the Tenant hereunder, including, without limitation,
the obligation (a) to pay the rent and other amounts provided for under this Lease. Such assignment or subletting shall not relieve
the Tenant named herein of any of the obligations of the Tenant hereunder. Furthermore, it shall be a condition precedent to the validity
of any sublease that both Tenant and the sub-lessee enter into a separate written instrument directly with Landlord in a form and containing
terms and provisions reasonably required by Landlord, including without limitation, the obligation of any sub-lessee to adhere to any
and all rules, regulations or other non-monetary covenants of Tenant exclusive of Tenant’s rent obligations which may differ from
those set forth in the sublease.

 

5.6.4.            As
Additional Rent Tenant shall pay to Landlord as a fee for Landlord’s review of any proposed assignment or sublease requested by
Tenant and the preparation of any associated documentation in connection therewith, within thirty (30) days after receipt of an invoice
from Landlord, an amount equal to the sum of such reasonable out of pocket legal fees or other expenses incurred by Landlord in connection
with such request, which amount shall not exceed Three Thousand and 00/100 Dollars ($3,000.00) per any such request.

 

5.6.5.            If
this Lease be assigned, or if the Premises or any part thereof be sublet or occupied by anyone other than Tenant, without the aforesaid
Landlord approval, Landlord may upon prior notice to Tenant, at any time and from time to time, collect rent and other charges from the
assignee, sublessee or occupant and apply the net amount collected to the rent and other charges herein reserved, but no such assignment,
subletting, occupancy or collection shall be deemed a waiver of this covenant, or a waiver of the provisions hereof, or the acceptance
of the assignee, sublessee or occupant as a tenant or a release of Tenant from the further performance by Tenant of covenants on the part
of Tenant herein contained, the Tenant herein named to remain primarily liable under this Lease.

 

    28

     

    

 

5.6.6.            The
consent by Landlord to a Proposed Transfer under any of the provisions hereof shall in no way be construed to relieve Tenant from obtaining
the express consent in writing of Landlord to any further assignment or subletting.

 

5.6.7.            Intentionally
Omitted.

 

5.6.8.            If
this Lease terminates prior to the expiration date, then such sublease shall terminate and expire concurrent therewith; provided, however,
if Landlord elects, in its sole and unfettered discretion, by express written notice to such Tenant or subsequent transferor, to recognize
said sublease, then notwithstanding the termination of this Lease, the sublease shall remain in effect as a direct lease between Landlord
and Tenant or subsequent transferor, and such Transferee shall attorn to Landlord pursuant to the then executory provisions of such sublease,
except that Landlord shall not be (A) liable for any previous act or omission of Tenant under such sublease, (B) subject to
any counterclaim, offset or defense which theretofore accrued to such Transferee against Tenant, (C) bound by any previous modification
of such sublease not consented to by Landlord or by any prepayment of more than one month’s rent, (D) bound to return such
Transferee’s security deposit, if any, except to the extent Landlord shall receive actual possession of such deposit and such Transferee
shall be entitled to the return of all or any portion of such deposit under the terms of its sublease, or (E) obligated to make any
payment to or on behalf of such Transferee, or to perform any alterations or improvements in the sublet space or the 18 Crosby Building
and/or the 14 Crosbt Building, as applicable, or in any way to prepare the subleased space for occupancy, beyond Landlord’s obligations
under this Lease. The provisions of this Section shall be self-operative, and no further instrument shall be required to give effect
to this provision, provided that the Transferee shall execute and deliver to Landlord any instruments Landlord may reasonably request
to evidence and confirm such subordination and attornment.

 

5.6.9.            Notwithstanding
anything to the contrary contained in this Section 5.6, neither Tenant nor any other person having a right to possess, use, or occupy
(for convenience, collectively referred to in this subsection as “Use”) the Premises shall enter into any lease, sublease,
license, concession or other agreement for Use of all or any portion of the Premises which provides for rental or other payment for such
Use based, in whole or in part, on the net income or profits derived by any person that leases, possesses, uses, or occupies all or any
portion of the Premises (other than an amount based on a fixed percentage or percentages of receipts or sales), and any such purported
lease, sublease, license, concession or other agreement shall be absolutely void and ineffective as a transfer of any right or interest
in the Use of all or any part of the Premises.

 

5.7.          Insurance;
Indemnification.

 

5.7.1.            Insurance.
With respect to the 18 Crosby Premises and the 14 Crosby Premises, Tenant shall at its sole cost and expense take out and keep in force
and effect during the term and any extensions thereof, the following insurance coverage:

 

(i) Commercial
General Liability Insurance covering claims of bodily injury, personal injury and property damage arising out of Tenant’s operations,
hired and non-owned automobile liability and liabilities assumed in an insured contract, including coverage formerly known as broad form,
on an occurrence basis, with minimum primary limits of $5,000,000 each occurrence and $5,000,000 annual aggregate (and not more than $25,000
self-insured retention) or such other limits as Landlord may reasonably require and which can be satisfied through the use of primary
and/or umbrella liability policies.

 

    29

     

    

 

(ii) “Special
Causes of Loss” Property insurance covering (i) all Tenant’s Property (as hereinafter defined), and (ii) any leasehold
improvements installed by Tenant, whether pursuant to this Lease or pursuant to any prior lease or other agreement to which Tenant was
a party (“Tenant-Insured Improvements”). Such insurance shall be written on a special cause of loss form for physical
loss or damage, for the full replacement cost value (subject to reasonable deductible amounts) without deduction for depreciation of the
covered items and in amounts that meet any co-insurance clauses of the policies of insurance, and shall include coverage for damage or
other loss caused by fire or other peril, including vandalism and malicious mischief, theft, water damage of any type, including sprinkler
leakage, bursting or stoppage of pipes, and explosion, and providing business interruption coverage for a period of one year.

 

(iii) Worker’s
Compensation and Employer’s Liability or other similar insurance to the extent required by Law.

 

(iv) Cyber
Liability Insurance in the amount of $1,000,000.

 

Form of
Policies. The minimum limits of insurance required to be carried by Tenant shall not limit Tenant’s liability. Such insurance
shall (i) be issued by an insurance company that has an A.M. Best rating of not less than A-VIII; (ii) be in form and content
reasonably acceptable to Landlord; (iii) provide that it shall not be cancelled or materially changed without thirty (30) days’
prior notice to Landlord, except that ten (10) days’ prior notice may be given in the case of nonpayment of premiums; (iv) contain
a waiver by the insurer of any rights of subrogation or indemnity or any other claim to which the insurer might otherwise be entitled
against Landlord or the agents or employees of Landlord, and (v) contain a cross liability clause. Tenant’s Commercial General
Liability Insurance shall (a) add Landlord, Landlord’s managing agent, and any other party designated by Landlord (“Additional
Insured Parties”) as additional insureds under a Blanket Additional Insured Endorsement; and (b) be primary insurance as
to all claims thereunder and provide that any insurance carried by Landlord is excess and non-contributing with Tenant’s insurance.
Landlord shall be designated as a loss payee with respect to Tenant’s Property insurance on any Tenant-Insured Improvements. Tenant
shall deliver to Landlord, on or before the 18 Crosby Commencement Date and the 14 Crosby Commencement Date, as applicable, and at least
ten (10) days before the expiration dates thereof, certificates from Tenant’s insurance company on the forms currently designated
 “ACORD 28” (Evidence of Commercial Property Insurance) and “ACORD 25-S” (Certificate of Liability Insurance) or
the equivalent. Attached to the ACORD 25-S (or equivalent) there shall be an endorsement specifically adding the names of the Additional
Insured Parties as additional insureds which shall be binding on Tenant’s insurance company and shall expressly require the insurance
company to notify each Additional Insured Party in writing at least thirty (30) days before any termination, except that ten (10) days’
prior notice may be given in the case of nonpayment of premiums. Upon Landlord’s request, Tenant shall deliver to Landlord, in lieu
of such certificates, copies of the policies of insurance required to be carried under this Section showing that the Additional Insured
Parties are included as additional insureds under the Blanket Additional Insured Endorsement.

 

    30

     

    

 

Tenant shall maintain
such increased amounts of the insurance required to be carried by Tenant under this Section, and such other types and amounts of insurance
covering the 18 Crosby Premises and the 14 Crosby Premises, as applicable, and Tenant’s operations therein, as may be reasonably
requested by Landlord, but not in excess of the amounts and types of insurance then being required by landlords of buildings comparable
to and in the vicinity of the 18 Crosby Building and the 14 Crosby Building, as applicable.

 

Landlord makes no representation
or warranty to Tenant that the amount of insurance required to be carried by Tenant under the terms of this Lease is adequate to fully
protect Tenant’s interests. Tenant is encouraged to evaluate its insurance needs and obtain whatever additional types or amounts
of insurance that it may deem desirable or appropriate.

 

5.7.2.
Indemnification and Liability: To the maximum extent such agreement may be made effective according to law, Tenant shall defend,
indemnify and save harmless, Landlord and its agents and employees (the “Landlord Indemnities”) against and from all
liabilities, obligations, damages, penalties, claims, costs, charges and expenses, including reasonable architects’ and attorneys’
fees, which may be imposed upon or incurred by or asserted against Landlord, its employees and/or its agents by reason of any of the following
occurring during the term, or during any period of time prior to the 18 Crosby Commencement Date and/or the 14 Crosby Commencement Date,
as applicable, that Tenant may have been given access to or possession of all or any part of the Premises arising out of (i) any
work, or thing being done in on or about the Premises or the Office Park or any part thereof by or at the instance of Tenant, its agents,
contractors, subcontractors, servants, employees, licensees or invitees, excepting those actions which are a result of the negligence
or willful misconduct of Landlord, its agents, contractors, servants or employees; (ii) any negligence or otherwise wrongful act
or omission on the part of Tenant or any of its agents, contractors, subcontractors, servants, employees, subtenants, licensees or invitees;
(iii) any accident, injury or damage to any person or property occurring in, on or about the Premises, the Office Park or any part
thereof or the common area, if such injury in the common area is alleged or claimed to be due to any act or omission of Tenant, excepting
those accidents, injuries or damages which result from the negligence or willful misconduct of Landlord, its agents, contractors, servants
or employees; (iv) Tenant’s use of, or the existence of, any of Tenant’s video camera equipment or monitors on the Premises,
Building or Lot; and (v) any failure on the part of Tenant to perform or comply with any of the covenants, agreements, terms, provisions,
conditions or limitations contained in this Lease on its part to be performed or complied with. In case any action or proceeding is brought
against Landlord by reason of any such claim, Tenant upon written notice from Landlord shall at Tenant’s expense resist or defend
such action or proceeding by counsel reasonably acceptable to Landlord. In the event of failure by Tenant to fully perform such
defense in accordance with this Section, Landlord, at its option, and without relieving Tenant of its obligations hereunder, may
so perform such defense, but all costs and expenses so incurred by Landlord in that event shall be reimbursed by Tenant to Landlord, together
with interest on the same from the date any such expense was paid by Landlord until reimbursed by Tenant, at the rate of interest contained
in Section 2.9. Tenant further covenants and agrees to indemnify, defend and hold all Landlord Indemnitees harmless from any and
all mechanic’s and materialmen’s liens and/or claims of any contractors, subcontractors or materialmen claiming by, through
or under Tenant with respect to any work performed, or labor, materials or supplies provided, in connection with any work performed by
or on behalf of Tenant, its employees, agents or contractors, on or with respect to Premises. This Section shall survive the expiration
or termination of this Lease.

 

    31

     

    

 

(a)                Except
in the case of Landlord’s gross negligence or willful misconduct, Tenant hereby waives all claims against and releases Landlord
and its trustees, managers, members, principals, beneficiaries, partners, officers, directors, employees, mortgagees and agents (the “Landlord
Related Parties”) from all claims for any injury to or death of persons, damage to property or business loss in any manner related
to (a) Force Majeure, (b) acts of third parties, (c) the bursting or leaking of any tank, water closet, drain or other
pipe, (d) the inadequacy or failure of any security or protective services, personnel or equipment, or (e) any matter not within
the reasonable control of Landlord.

 

5.8.          Tenant’s
Risk: That all of the furnishings, fixtures, equipment, effects and property of every kind, nature and description of Tenant and
of all persons claiming by, through or under Tenant which, during the continuance of this Lease or any occupancy of the Premises by Tenant
or anyone claiming under Tenant may be on the Premises or elsewhere in the Building or on the Lot or in the Office Park, shall be at
the sole risk and hazard of Tenant, except as provided below, and if the whole or any part thereof shall be destroyed or damaged by fire,
water or otherwise, or by the leakage or bursting of water pipes, steam pipes, or other pipes, by theft or from any other cause, no part
of said loss or damage is to be charged to or be borne by Landlord except and solely to the extent that such loss occurs due to the gross
negligence of willful misconduct of the Landlord, its employees and/or agents, contractors, managers, principals, or members.

 

5.9.          Right
of Entry: To permit Landlord and its agents: to examine the Premises (i) immediately in the event of an emergency or (ii) upon
twenty-four (24) hour prior written notice for a non-emergency and, if Landlord shall so elect, to make any repairs or replacements Landlord
may deem necessary; to remove, at Tenant’s expense, any alterations, additions, signs, curtains, blinds, shades, awnings, aerials,
flagpoles, or the like not consented to in writing; and to show the Premises to prospective tenants during the twelve (12) months preceding
expiration of the term and to prospective purchasers and mortgagees at all reasonable times upon reasonable notice. Entry by Landlord
shall not constitute a constructive eviction or entitle Tenant to an abatement or reduction of Rent.

 

5.10.        Security:
To comply with all such measures as Landlord may reasonably deem advisable for the security of the Building and the Office Park and its
occupants, including, without limitation, the evacuation of the Building or Office Park for cause, suspected cause, or for drill purposes,
the temporary denial of access to the Building or Office Park, and the closing of the Building or Office Park after regular working hours,
(i.e. 8:00 a.m. to 6:00 p.m. on business week days and on Saturdays from 9:00 a.m. to 12:00 p.m.) Sundays and legal holidays
(the “Building Service Hours”), subject, however, to Tenant’s right to admittance when the Building is closed
after regular working hours by use of a secure card access system which is automatically activated outside of such regular working hours,
or under such other regulations as Landlord may prescribe from time to time.

 

    32

     

    

 

Landlord shall be the sole determinant of the
type and amount of any access control or courtesy guard services to be provided to the Building and Office Park, if any. IN ALL EVENTS,
LANDLORD SHALL NOT BE LIABLE TO TENANT, AND TENANT HEREBY WAIVES ANY CLAIM AGAINST LANDLORD, FOR (I) ANY UNAUTHORIZED OR CRIMINAL
ENTRY OF THIRD PARTIES INTO THE PREMISES, THE OFFICE PARK OR THE BUILDING, OR (II) ANY DAMAGE TO PERSONS OR ANY LOSS OF PROPERTY
IN AND ABOUT THE PREMISES, THE OFFICE PARK OR THE BUILDING, BY OR FROM ANY UNAUTHORIZED OR CRIMINAL ACTS OF THIRD PARTIES, REGARDLESS
OF ANY ACTION, INACTION, FAILURE, BREAKDOWN, MALFUNCTION AND/OR INSUFFICIENCY OF THE ACCESS CONTROL OR COURTESY GUARD SERVICES PROVIDED
BY LANDLORD.

 

Subject to the foregoing, Tenant may install,
at its own expense, a security system for the Premises, provided, however, that (i) Tenant shall obtain Landlord’s prior written
consent prior to such installation and (ii) Tenant shall provide Landlord with all means necessary to immediately enter the Premises
24 hours per day, 7 days per week.

 

5.11.        Personal
Property Taxes: To pay promptly when due all taxes which may be imposed upon personal property installed by Tenant (including, without
limitation, fixtures and equipment) in the Premises to whomever assessed.

 

5.12.        Payment
of Litigation Expenses: As Additional Rent, to pay all reasonable costs, counsel and other fees incurred by Landlord in connection
with the successful enforcement by Landlord of any obligations of Tenant under this Lease.

 

5.13.        Tenant
Holdover: To upon the expiration or earlier termination of the term of this Lease, quit and surrender the entire Premises to Landlord
in the condition described in this Lease. Any holding over by the Tenant after the expiration or earlier termination of the Term shall
be treated as a tenancy at sufferance, at the Rent set forth below, and otherwise on the terms and conditions of this Lease. For the
period of such unauthorized occupancy, Tenant shall pay to Landlord (a) one hundred fifty percent (150%) of the total of the Base
Rent and Additional Rent with respect to the 18 Crosby Premises and/or the 14 Crosby Premises, as applicable, in effect during the last
month of the Term of this Lease for the first three (3) months or portion thereof and (b) two hundred percent (200%) of the
total of the Base Rent and Additional Rent with respect to the 18 Crosby Premises and/or the 14 Crosby Premises, as applicable, in effect
during the last month of the Term of this Lease for any subsequent months in which Tenant shall retain possession of either the 18 Crosby
Premises and/or the 14 Crosby Premises, as applicable, or any part thereof after the termination of this Lease, whether by lapse of time
or otherwise. Tenant shall also pay all damages sustained by Landlord on account thereof; provided, however, that Tenant shall only be
liable for consequential damages hereunder if (i) Tenant has held over in the 18 Crosby Premises and/or the 14 Crosby Premises,
as applicable, for more than thirty (30) days, and (ii) Landlord has provided Tenant with thirty (30) days written notice that it
will be expecting Tenant to be responsible for any such consequential damages in connection with such holdover. For the purposes of clarity,
Tenant shall have no right to occupy all or any part of the Premises after the expiration or earlier termination of this Lease. The provisions
of this subsection shall not operate as a waiver by Landlord on the right of re-entry provided in this Lease or by statute.

 

    33

     

    

 

5.14.        Hazardous
Wastes: Not to use any portion of the Premises, Office Park, Building or Lot for the use, generation, treatment, storage or disposal
of “oil”, “hazardous material”, “hazardous waste”, or “hazardous substances” (collectively,
the “Materials”), as such terms are defined under the Comprehensive Environmental Response, Compensation and Liability
Act, 42 U.S.C. S9601 et seq., as amended, the Resource Conservation and Recovery act of 1976, 42 U.S.C. S6901 et seq.,
as amended, and the regulations promulgated thereunder, and all applicable state and local laws, rules and regulations, including,
without limitation, Massachusetts General Laws, Chapters 21C and 21E (the “Superfund and Hazardous Waste Laws”), or
remove any Materials from the Office Park and/ or the Property without the express written prior consent of Landlord and, if required,
its mortgagees, and then only to the extent that the presence or removal of the Materials is (i) properly licensed and approved by
all appropriate governmental officials and in accordance with all applicable laws and regulations and (ii) in compliance with any
terms and conditions stated in said prior written approvals by the Landlord or its mortgagees. Without limiting the generality of Tenant’s
obligation to comply with Laws as otherwise provided in this Lease, Tenant shall, at its sole cost and expense, comply with all Laws in
connection with this Section 5.14. Tenant shall obtain and maintain any and all necessary permits, licenses, certifications and approvals
appropriate or required for the use, handling, storage, and disposal of any Materials used, stored, generated, transported, handled, blended,
or recycled by Tenant on the Premises. Landlord shall have a continuing right, without obligation, to require Tenant to obtain, and to
review and inspect any and all such permits, licenses, certifications and approvals, together with copies of any and all Materials management
plans and programs, any and all Materials risk management and pollution prevention programs, and any and all Materials emergency response
and employee training programs respecting Tenant’s use of Materials. Upon the reasonable request of Landlord, Tenant shall deliver
to Landlord a narrative description explaining the nature and scope of Tenant’s activities involving Materials and showing to Landlord’s
satisfaction compliance with all Laws and the terms of this Lease. As a material inducement to Landlord to enter into this Lease with
Tenant, Tenant has fully and accurately completed Landlord’s Pre-Leasing Environmental Exposure Questionnaire (the “Environmental
Questionnaire”), which is attached hereto as Exhibit H. Tenant shall promptly provide Landlord with copies of all
notices received by it, including, without limitation, any notice of violations, notice of responsibility or demand for action from any
federal state or local authority or official in connection with the presence of Materials in or about the Property and/or the Office park
or removal of Materials from the Property and/or the Office Park. In the event of any release of Materials by Tenant, its employees, agents,
contractors or invitees, as defined in the Superfund and Hazardous Laws, Tenant shall promptly remedy the problem in accordance with all
applicable laws and requirements and shall indemnify and hold the Landlord harmless from and against all loss, costs, liability and damage,
including attorneys’ fees and the cost of litigation, arising from the presence or release of any Materials by Tenant, its employees,
agents, contractors or invitees, in or on the Premises or removal of Materials released by Tenant, its employees, agents, contractors
or invitees, from the Property and/or the Office Park. In addition to the foregoing and notwithstanding anything to the contrary contained
herein, if any written report prepared by a qualified environmental consultant, including any report containing results of any environmental
assessment (an “Environmental Report”) shall indicate (i) the presence of any Materials as to which Tenant has
a removal or remediation obligation under this Section, and (ii) that as a result of same, the investigation, characterization, monitoring,
assessment, repair, closure, remediation, removal, or other clean-up (the “Clean-up”) of any Materials is required,
Tenant shall immediately prepare and submit to Landlord within thirty (30) days after receipt of the Environmental Report a comprehensive
plan, subject to Landlord’s written approval, specifying the actions to be taken by Tenant to perform the Clean-up so that the Premises
are restored to the conditions required by this Lease. Upon Landlord’s approval of the Clean-up plan, Tenant shall, at Tenant’s
sole cost and expense, without limitation of any rights and remedies of Landlord under this Lease, immediately implement such plan with
a consultant reasonably acceptable to Landlord and proceed to Clean-up Materials in accordance with all applicable laws and as required
by such plan and this Lease. If, within thirty (30) days after receiving a copy of such Environmental Report, Tenant fails either
(a) to complete such Clean-up, or (b) with respect to any Clean-up that cannot be completed within such 30-day period, fails
to proceed with diligence to prepare the Clean-up plan and complete the Clean-up as promptly as practicable, then Landlord shall have
the right, but not the obligation, and without waiving any other rights under this Lease, to carry out any Clean-up recommended by the
Environmental Report or required by any governmental authority having jurisdiction over the Premises, and recover all of the costs and
expenses thereof from Tenant as Additional Rent, payable within ten (10) days after receipt of written demand therefor. Tenant shall
continue to pay all Rent due or accruing under this Lease during any Clean-up, and shall not be entitled to any reduction, offset or deferral
of any Base Rent or Additional Rent due or accruing under this Lease during any such Clean-up. Tenant shall complete any Clean-up prior
to surrender of the entire Premises upon the expiration or earlier termination of this Lease, and shall fully comply with all Laws and
requirements of any governmental authority with respect to such completion, including, without limitation, fully comply with any requirement
to file a risk assessment, mitigation plan or other information with any such governmental authority in conjunction with the Clean-up
prior to such surrender. Tenant shall obtain and deliver to Landlord a letter or other written determination from the overseeing governmental
authority confirming that the Clean-up has been completed in accordance with all requirements of such governmental authority and that
no further response action of any kind is required for the unrestricted use of the Premises (“Closure Letter”), but
only to the extent that such Closure Letter is typically issued by the applicable governmental entity; provided, however, that if such
applicable governmental entity does not typically issue such Closure Letter, then Tenant shall use commercially reasonable and diligent
efforts to obtain and deliver to Landlord such Closure Letter. Upon the expiration or earlier termination of this Lease, Tenant shall
also be obligated to close all permits obtained in connection with Materials in accordance with Laws. Should any Clean-up for which Tenant
is responsible not be completed, or should Tenant not receive the Closure Letter, if applicable, and any governmental approvals required
under Laws in conjunction with such Clean-up prior to the expiration or earlier termination of this Lease, and Tenant’s failure
to receive the Closure Letter is prohibiting Landlord from leasing the Premises or any part thereof to a third party, or prevents the
occupancy or use of the Premises or any part thereof by a third party, then Tenant shall be liable to Landlord as a holdover tenant until
such prohibition or restrictions on Landlord reletting the Premises or prevention of the occupancy or use of the Premises or any part
thereof by a third party are/is lifted. The foregoing shall not prohibit Tenant from possessing minimal and customary quantities of those
cleaning materials used for the operation of Tenant’s equipment in the Premises. Tenant agrees to indemnify, defend and hold Landlord
and each Landlord Indemnitee harmless for, from and against any and all claims, actions, administrative proceedings (including informal
proceedings), judgments, damages, punitive damages, penalties, fines, costs, liabilities, interest or losses, including reasonable attorneys’
fees and expenses, court costs, consultant fees, and expert fees, together with all other costs and expenses of any kind or nature that
arise during or after the Term indirectly arising out of or resulting from the presence, suspected presence, transportation, generation,
disposal or release of any Materials at, on, about, from, under or within the Premises, or any portion thereof caused by Tenant or Tenant’s
employees, agents, representatives, contractors or the like. Each of the covenants and agreements of Tenant set forth in this Section shall
survive the expiration or earlier termination of this Lease.

 

    34

     

    

 

Landlord represents and warrants to Tenant that,
as of the date hereof, to Landlord’s actual knowledge, Landlord is not aware of any Materials which exist or are located on or in
the Premises in violation of Superfund and Hazardous Waste Laws. Except as to any Materials introduced to or generated at the entire Premises
by Tenant or Tenant’s employees, agents, invitees and the like in violation of any Laws, or as introduced or generated by Tenant
in violation of the terms and conditions of this Lease, this Section will not be applicable to Tenant or Tenant’s employees,
agents, invitees and the like with respect to, and neither Tenant nor Tenant’s employees, agents, invitees and the like will have
any responsibility or liability whatsoever for, resulting from, or in any way related to: (a) any Materials at, in, on, under, emanating
from or in connection with the entire Premises prior to Tenant’s occupation thereof; or (b) the negligent acts or the willful
misconduct of Landlord.

 

Prior
to the expiration of the Lease (or within thirty (30) days after any earlier termination), Tenant shall clean and otherwise decommission
all interior surfaces (including floors, walls, ceilings, and counters), piping, supply lines, waste lines and plumbing in or serving
the Premises, and all exhaust or other ductwork in or serving the Premises, in each case that has carried, released or otherwise been
exposed to any Materials due to Tenant’s use or occupancy of the Premises, and shall otherwise clean the Premises so as to permit
the Environmental Assessment called for by this Section to be issued. Prior to the expiration of this Lease (or within thirty (30)
days after any earlier termination), Tenant, at Tenant’s expense, shall obtain for Landlord a report (an “Environmental
Assessment”) addressed to Landlord (and, at Tenant’s election, Tenant) by a reputable licensed environmental engineer
or industrial hygienist that is designated by Tenant and acceptable to Landlord in Landlord’s reasonable discretion, which report
shall be based on the environmental engineer’s inspection of the Premises and shall state, to Landlord’s reasonable satisfaction,
that (a) all Materials described herein, if any, existing prior to such decommissioning, have been removed in accordance with Laws;
(b) all Materials described herein, if any, have been removed in accordance with Laws from the interior surfaces of the Premises
(including floors, walls, ceilings, and counters), piping, supply lines, waste lines and plumbing, and all such exhaust or other ductwork
in the Premises, may be reused by a subsequent tenant or disposed of in compliance with Laws without incurring special costs or undertaking
special procedures for demolition, disposal, investigation, assessment, cleaning or removal of such Materials and without giving notice
in connection with such Materials; and (c) the Premises may be reoccupied for office, research and development, and/or laboratory
uses, as applicable, demolished or renovated without incurring special costs or undertaking special procedures for disposal, investigation,
assessment, cleaning or removal of Materials described herein and without giving notice in connection with Materials. Further, for purposes
of clauses (b) and (c), “special costs” or “special procedures” shall mean costs or procedures, as the case
may be, that would not be incurred but for the nature of the Materials as Hazardous Materials instead of non-hazardous materials. The
report shall also include reasonable detail concerning the clean-up measures taken, the clean-up locations, the tests run and the analytic
results. Tenant shall submit to Landlord the identity of the applicable consultants and the scope of the proposed Environmental Assessment
for Landlord’s reasonable review and approval at least thirty (30) days prior to commencing the work described therein or at least
sixty (60) days prior to the expiration of the Term, whichever is earlier. If Tenant fails to perform its obligations under this Section,
without limiting any other right or remedy, Landlord may, on five (5) Business Days’ prior written notice to Tenant perform
such obligations at Tenant’s expense if Tenant has not commenced to do so within said five (5) Business Day period, and Tenant
shall within ten (10) days of written demand reimburse Landlord for all reasonable out-of-pocket costs and expenses incurred by Landlord
in connection with such work. Tenant’s obligations under this Section shall survive the expiration or earlier termination of
this Lease. In addition, at Landlord’s election, Landlord may inspect the Premises and/or the Property for Materials at Landlord’s
cost and expense within sixty (60) days of Tenant’s surrender of the Premises at the expiration or earlier termination of this Lease.
Tenant shall pay for all such costs and expenses incurred by Landlord in connection with such inspection if such inspection reveals that
a release or threat of release of Materials exists at the Property or Premises as a result of the acts or omissions of Tenant, its officers,
employees, contractors, and agents.

 

    35

     

    

 

5.15.        Tenant’s
Financial Condition. During the term of this Lease, (i) within
ninety (90) days following the end of each Tenant fiscal year and (ii) within ten (10) Business Days after request by Landlord,
which request shall not be made more than once per calendar year, Tenant shall, upon the signing of a commercially reasonable confidentiality
agreement between the parties, deliver to Landlord Tenant’s financial statements (which shall be for the latest available year).
Landlord shall keep all such information confidential and shall require any third party to whom the Landlord is entitled hereunder to
furnish the same to maintain such confidentiality. Such financial statements or credit information may be delivered to Landlord’s
mortgagees and lenders and prospective mortgagees, lenders, and purchasers, provided that Landlord advises such parties of the confidentiality
provisions of this Section. Tenant represents and warrants to Landlord that each such financial statement shall be true and accurate
in all material respects as of the date of such statement.

 

ARTICLE VI.

 

CASUALTY
AND EMINENT DOMAIN

 

6.1.          Casualty.

 

6.1.1.            Termination
or Restoration by Landlord. Should 20% or greater of either of the 18 Crosby Premises and/or the 14 Crosby Premises, as applicable,
be materially damaged, or if either the 18 Crosby Building or the 14 Crosby Building, as applicable, of which either of the 18 Crosby
Premises and/or the 14 Crosby Premises, as applicable, are a part, be substantially damaged by fire or other casualty, Landlord may, at
its sole discretion, elect to either (i) terminate this Lease with respect to either the 18 Crosby Premises and/or the 14 Crosby
Premises, as applicable, or (ii) restore either of the 18 Crosby Premises and/or the 14 Crosby Premises, as applicable, in accordance
with the terms of this Section 6.1. If Landlord does not elect to terminate this Lease in accordance with the immediately preceding
sentence, Landlord shall proceed to restore either the 18 Crosby Premises and/or the 14 Crosby Premises, as applicable, to substantially
the condition they were in prior to such damage (except for any improvements made by Tenant), subject in all events to the availability
and limits of Landlord’s insurance. If Landlord estimates that either of the 18 Crosby Premises and/or the 14 Crosby Premises, as
applicable, or any common areas necessary to provide access to either of the 18 Crosby Premises and/or the 14 Crosby Premises, as applicable,
cannot be made tenantable within two hundred seventy (270) days from the date the repair is started, then either party shall have the
right to terminate this Lease with respect to either the 18 Crosby Premises and/or the 14 Crosby Premises, as applicable, upon written
notice to the other within ten (10) days after Landlord’s assessment. Tenant, however, shall not have the right to terminate
this Lease as aforesaid if the casualty was caused by the negligence or intentional misconduct of Tenant, or its trustees, managers, members,
principals, beneficiaries, partners, officers, directors, employees and agents In addition, Landlord, by notice to Tenant within ninety
(90) days after the date of the casualty, shall have the right to terminate this Lease with respect to the 18 Crosby Premises and/or the
14 Crosby Premises, as applicable, if: (1) either of the 18 Crosby Premises and/or the 14 Crosby Premises, as applicable, have been
materially damaged and there is less than two (2) years of the term remaining on the date of the Casualty; (2) any mortgagee
requires that the insurance proceeds be applied to the payment of the mortgage debt; or (3) a material uninsured loss to either the
18 Crosby Building and/or the 14 Crosby Building, as applicable, or either of the 18 Crosby Premises and/or the 14 Crosby Premises, as
applicable, occurs.

 

6.1.2.            Insurance
Proceeds. Unless Landlord or Tenant terminates this Lease as aforesaid or Landlord’s lender or mortgage holder requires otherwise,
Landlord shall apply all insurance proceeds received by Landlord as the result of the casualty to restoration of either the 18 Crosby
Premises and/or the 14 Crosby Premises, as applicable. Notwithstanding anything to the contrary contained herein, in the event of a casualty
in which Landlord’s lender or mortgage holder does not allow insurance proceeds to be so applied, Landlord shall have the option
to terminate this Lease with respect to the 18 Crosby Premises and/or the 14 Crosby Premises, as applicable, and shall notify Tenant within
ten (10) days thereof as to whether Landlord will fund the restoration or terminate the Lease.

 

    36

     

    

 

6.1.3.            Abatement
of Rent. If Landlord elects to restore either of the 18 Crosby Premises and/or the 14 Crosby Premises, as applicable, all Rent shall
abate, on a pro rata basis, in proportion to the portion of either of the 18 Crosby Premises and/or the 14 Crosby Premises, as applicable,
rendered unusable from the date of the damage or taking until the earlier of when repairs are substantially completed such that Tenant
can use the 18 Crosby Premises and/or the 14 Crosby Premises, as applicable, for the Permitted Use, or the Term ends, provided, however,
that if such damage or casualty was caused by Tenant, then Tenant’s Rent shall not abate.

 

6.2.          Eminent
Domain.

 

6.2.1.            Taking.
If the whole or any material part of the Lot, the 18 Crosby Building and/or the 14 Crosby Building, as applicable, or either of the 18
Crosby Premises and/or the 14 Crosby Premises, as applicable, shall be acquired or condemned for any public or quasi-public use or purpose,
this Lease and the term shall end as of the date of the vesting of title with the same effect as if said date were the expiration date.
Landlord shall also have the right to terminate this Lease with respect to the 18 Crosby Premises and/or the 14 Crosby Premises, as applicable,
if there is a taking of any portion of the 18 Crosby Building and/or the 14 Crosby Building, as applicable, or Property which would have
a material adverse effect on Landlord’s ability to profitably operate the remainder of the 18 Crosby Building and/or the 14 Crosby
Building, as applicable. If only a part of the 18 Crosby Building and/or the 14 Crosby Building, as applicable, and not the entire 18
Crosby Premises and/or the 14 Crosby Premises, as applicable, shall be so acquired or condemned then:

 

Except as hereinafter
provided, this Lease and the term shall continue in force and effect, but, if a part of the 18 Crosby Premises and/or the 14 Crosby Premises,
as applicable, is included in the part of the Lot so acquired or condemned, from and after the date of the vesting of title, the Base
Rent and the floor area of the 18 Crosby Premises and/or the 14 Crosby Premises, as applicable, shall be reduced in the proportion which
the area of the part of the 18 Crosby Premises and/or the 14 Crosby Premises, as applicable, so acquired or condemned bears to the total
area of the 18 Crosby Premises and/or the 14 Crosby Premises, as applicable, immediately prior to such acquisition or condemnation and
Tenant’s Proportionate Share shall be adjusted accordingly on a pro rata basis, according to the new rentable square footage of
the 18 Crosby Building and/or the 14 Crosby Building, as applicable,;

 

    37

     

    

 

if the part of the
Lot so acquired or condemned shall contain more than fifty percent (50%) of the total area of the 18 Crosby Premises and/or the 14 Crosby
Premises, as applicable, immediately prior to such acquisition or condemnation, or if, by reason of such acquisition or condemnation,
Tenant no longer has reasonable means of access to the 18 Crosby Premises and/or the 14 Crosby Premises, as applicable, Tenant, at Tenant’s
option, may give to Landlord, within ten (10) days next following the date upon which Tenant shall have received notice of vesting
of title, a thirty (30) days’ notice of termination of this Lease with respect to the 18 Crosby Premises and/or the 14 Crosby Premises,
as applicable,.

 

If any such notice
of termination is given by Landlord or Tenant pursuant to the terms and conditions contained herein, this Lease and the term shall come
to an end and expire upon the date set forth therein with the same effect as if the date of expiration were the expiration date. If a
part of the 18 Crosby Premises and/or the 14 Crosby Premises, as applicable, shall be so acquired or condemned and this Lease and the
term shall not be terminated pursuant to this Section 6.2, Landlord, at Landlord’s expense, shall restore that part of the
18 Crosby Premises and/or the 14 Crosby Premises, as applicable, not so acquired or condemned as nearly as practicable to the condition
existing immediately prior to such taking. Upon the termination of this Lease with respect to the 18 Crosby Premises and/or the 14 Crosby
Premises, as applicable, and the term pursuant to this Section 6.2, the Base Rent and Additional Rent shall be apportioned and any
prepaid portion of Base Rent and Additional Rent for any period after such date shall be refunded by Landlord to Tenant.

 

6.2.2.            Awards.
In the event of any such acquisition or condemnation of all or any part of the Lot, Landlord shall be entitled to receive the entire award
for any such acquisition or condemnation, Tenant shall have no claim against Landlord or the condemning authority for the value of any
unexpired portion of the Term and Tenant hereby expressly assigns to Landlord all of its right in and to any such award. Nothing contained
in this Section 6.2 shall be deemed to prevent Tenant from making a separate claim in any condemnation proceedings for the then value
of any Tenant’s property included in such taking, and for any moving expenses.

 

6.2.3.            Access.
Following any fire or other casualty, Tenant shall be entitled to immediately access the 18 Crosby Premises and/or the 14 Crosby Premises,
as applicable, subject to the orders and requirements of local authorities provided that Tenant shall reasonably cooperate with Landlord
so to minimize any inconvenience to Landlord and its contractors in the performance of any restoration work or other 18 Crosby Building
and/or the 14 Crosby Building, as applicable, recovery. If this lease terminates as provided in this Article 6, Tenant shall vacate
the 18 Crosby Premises and/or the 14 Crosby Premises, as applicable, within sixty (60) days.

 

Landlord reserves, and Tenant grants to Landlord,
all rights which Tenant may have for damages or injury to the 18 Crosby Premises and/or the 14 Crosby Premises, as applicable, for any
taking by eminent domain, except for damage to Tenant’s fixtures, property or equipment and Tenant’s reasonable moving expenses
or interruption to its business.

 

    38

     

    

 

ARTICLE VII.

 

DEFAULT

 

7.1.          Events
of Default. In addition to any other default specifically described in this Lease, each of the following events shall be a “Default”
or “Event of Default” hereunder:

 

7.1.1.            If
Tenant shall default in the payment when due of any installment of Base Rent or in the payment when due of Additional Rent, and such default
continues for more than five (5) days following written notice from Landlord to Tenant; or

 

7.1.2.            Intentionally
Omitted; or

 

7.1.3.            If
the 18 Crosby Premises or the 14 Crosby Premises, as applicable, shall become vacant, deserted or abandoned and Tenant fails to timely
make any payment of Rent during such period of vacation, desertion or abandonment, or shall fail to perform any of Tenant’s obligations
set forth in this Lease; or

 

7.1.4.            If
Tenant’s interest or any portion thereof in this Lease shall devolve upon or pass to any person, whether by operation of law or
otherwise, except as expressly otherwise permitted herein; or

 

7.1.5.            If:

 

Tenant shall generally
not, or shall be unable to, or shall admit in writing its inability to, pay its debts as they become due; or

 

Tenant shall commence
or institute any case, proceeding or other action (A) seeking relief on its behalf as debtor, or to adjudicate it a bankrupt or insolvent,
or seeking reorganization, arrangement, adjustment, winding up, liquidation, dissolution, composition or other relief with respect to
it or its debts under any existing or future law of any jurisdiction, domestic or foreign, relating to bankruptcy, insolvency, reorganization
or relief of debtors; or (B) seeking appointment of a receiver, trustee, custodian or other similar official for it or for all or
any substantial part of its property; or

 

Tenant shall make
a general assignment for the benefit of creditors; or

 

any case, proceeding
or other action shall be commenced or instituted against Tenant (A) seeking to have an order for relief entered against it as debtor
or to adjudicate it a bankrupt or insolvent, or seeking reorganization, arrangement, adjustment, winding up, liquidation, dissolution,
composition or other relief with respect to it or its debts under any existing or future law of any jurisdiction, domestic or foreign,
relating to bankruptcy, insolvency, reorganization or relief of debtors, or (B) seeking appointment of a receiver, trustee, custodian
or other similar official for it or for all or any substantial part of its property, which in either of such cases (1) results in
any such entry of an order for relief, adjudication of bankruptcy or insolvency or such an appointment or the issuance or entry of any
other order having a similar effect or (2) remains undismissed for a period of sixty (60) days; or

 

any case, proceeding
or other action shall be commenced or instituted against Tenant seeking issuance of a warrant of attachment, execution, distraint or similar
process against all or any substantial part of its property which results in the entry of an order for any such relief which shall not
have been vacated, discharged, or stayed or bonded pending appeal within sixty (60) days from the entry thereof; or

 

Tenant shall take
any action in furtherance of, or indicating its consent to, approval of, or acquiescence in, any of the acts set forth in clauses (b),
(c), (d) or (e) above; or

 

a trustee, receiver
or other custodian is appointed for any substantial part of the assets of Tenant which appointment is not vacated or stayed within sixty
(60) days; or

 

    39

     

    

 

7.1.6.            If
Tenant shall fail more than two (2) times during any twelve (12) month period to pay any installment of Base Rent or any item of
Additional Rent when due; or

 

7.1.7.            If
applicable, if Landlord shall present a letter of credit to a bank in consideration of the Security Deposit which issued the same in accordance
with Section 8.1 hereof, and the bank shall fail to honor such letter of credit and pay the proceeds thereof to Landlord for any
reason whatsoever; or

 

7.1.8.            If
Landlord applies or retains any part of the security held by it hereunder, and Tenant fails to deposit with Landlord the amount so applied
or retained by Landlord, or to provide Landlord with a replacement Security Deposit or Letter of Credit (as applicable), if applicable,
within ten (10) days after notice by Landlord to Tenant stating the amount applied or retained; or

 

7.1.9.            Tenant
permits a transfer without Landlord’s required approval or otherwise in violation of Section 5.6 of this Lease; or

 

7.1.10.          Subject
to the grace periods stated in this Lease, if Tenant shall default in the observance or performance of any other term, covenant or condition
of this Lease on Tenant’s part to be observed or performed and Tenant shall fail to remedy such default within thirty (30) days
after notice by Landlord to Tenant of such default, or if such default is of such a nature that it cannot with due diligence be completely
remedied within said period of thirty (30) days and Tenant shall not commence within said period of thirty (30) days, or shall not thereafter
diligently prosecute to completion, all steps necessary to remedy such default.

 

Notwithstanding anything contained in this Lease
to the contrary, if Landlord provides Tenant with notice of Tenant’s failure to comply with any specific material provision of this
Lease on three (3) separate occasions during any twelve-(12)-month period, Tenant’s subsequent violation of such material provision
shall, at Landlord’s option, be an incurable Default by Tenant.

 

7.2.         Termination
of the Lease.

 

7.2.1.            If
an Event of Default: (i) described in 7.1.5 hereof shall occur; or (ii) described in 7.1, 7.1.1, 7.1.2, 7.1.3, 7.1.4, 7.1.6,
7.1.7, 7.1.8, 7.1.9 or 7.1.10 shall occur and Landlord, at any time thereafter, at its option gives written notice to Tenant stating that
this Lease and the term shall expire and terminate on the date Landlord shall give Tenant such notice, such date being a date not less
than three (3) days after the giving of such notice, then this Lease and the term and all rights of Tenant under this Lease shall
expire and terminate as if the date on which the Event of Default described in clause (i) above occurred or the date of such notice
pursuant to clause (ii) above, as the case may be, were the expiration date or the last day of the Extension Term (as defined in
Section 8.15), as the case may be, and Tenant immediately shall quit and surrender the entire Premises, but Tenant shall nonetheless
be liable for all of its obligations under this Lease. Anything contained herein to the contrary notwithstanding, if such termination
shall be stayed by order of any court having jurisdiction over any proceeding described in 7.1.5 hereof, or by federal or state statute,
then, following the expiration of any such stay, or if the trustee appointed in any such proceeding, Tenant or Tenant as debtor-in-possession
shall fail to assume Tenant’s obligations under this Lease within the period prescribed therefor by law or within thirty (30) days
after entry of the order for relief or as may be allowed by the court.

 

    40

     

    

 

7.2.2.            If
an Event of Default described in Section 7.1.1 hereof shall occur, or this Lease shall be terminated as provided in Section 7.2
hereof, Landlord, without notice, may, to the fullest extent of the law, reenter and repossess, without being deemed guilty of any manner
of trespass, the Premises using such force for that purpose as may be necessary without being liable to indictment, prosecution or damages
therefor and may dispossess Tenant by summary proceedings or otherwise.

 

7.2.3.            In
the event of any such termination, entry or re-entry, Landlord shall have the rights to remove and store Tenant’s Property and that
of persons claiming by, through or under Tenant, at the sole risk and expense of Tenant and, if Landlord so elects, (x) to sell such
Tenant’s Property at public auction or private sale and apply the net proceeds to the payment of all sums due to Landlord from Tenant
and pay the balance, if any, to Tenant, or (y) to dispose of such Tenant’s Property in any manner in which Landlord shall elect,
Tenant hereby agreeing to the fullest extent permitted by law that it shall have no right, title or interest in any property remaining
in the Premises after such termination, entry or re-entry.

 

7.3.         Joint
and Several Liability. If at any time:

 

7.3.1.            Tenant
shall be comprised of two (2) or more persons; or

 

7.3.2.            Tenant’s
obligations under this Lease shall have been guaranteed by any person other than Tenant; or

 

7.3.3.            Tenant’s
interest in this Lease shall have been assigned, the word “Tenant”, as used in 7.1.4, shall be deemed to mean any one or more
of the persons primarily or secondarily liable for Tenant’s obligations under this Lease.

 

Any monies received by Landlord
from or on behalf of Tenant during the pendency of any proceeding of the types referred to in 7.1.5 shall be deemed paid as compensation
for the use and occupation of the Premises and the acceptance of any such compensation by Landlord shall not be deemed an acceptance of
Rent or a waiver on the part of Landlord of any rights under this Lease, including Section 7.2. In like manner, if Tenant shall be
a partnership or other business association, the members of which are, by virtue of statute or federal Law, subject to personal liability,
then the liability of each such member shall be joint and several.

 

    41

     

    

 

7.4.          Landlord’s
Remedies.

 

7.4.1.            If
there shall occur any Event of Default, and this Lease and the term shall expire and come to an end as provided in Section 7 hereof:

 

Tenant shall quit
and peacefully surrender the entire Premises to Landlord, and Landlord and its agents may immediately, or at any time after such default
or after the date upon which this Lease and the Term shall expire and come to an end, re-enter the Premises or any part thereof, without
notice, either by summary proceedings, or by any other applicable action or proceeding, or by force or otherwise (without being liable
to indictment, prosecution or damages therefor), and may repossess the Premises and dispossess Tenant and any other persons from the Premises
and remove any and all of their property and effects from the Premises; and

 

Landlord, at Landlord’s
option, may relet the whole or any portion or portions of the Premises from time to time, either in the name of Landlord or otherwise,
to such tenant or tenants, for such term or terms ending before, on or after the expiration date, at such rental or rentals and upon such
other conditions, which may include concessions and free rent periods, as Landlord, in its sole discretion, may determine; provided, however,
THAT LANDLORD SHALL HAVE NO OBLIGATION TO RELET THE PREMISES OR ANY PART THEREOF AND SHALL IN NO EVENT BE LIABLE FOR REFUSAL OR FAILURE
TO RELET THE PREMISES OR ANY PART THEREOF, OR, IN THE EVENT OF ANY SUCH RELETTING, FOR REFUSAL OR FAILURE TO COLLECT ANY RENT
DUE UPON ANY SUCH RELETTING, AND NO SUCH REFUSAL OR FAILURE SHALL OPERATE TO RELIEVE TENANT OF ANY LIABILITY UNDER THIS LEASE OR OTHERWISE
AFFECT ANY SUCH LIABILITY, and Landlord, at Landlord’s option, may make such repairs, replacements, alterations, additions, improvements,
decorations and other physical changes in and to the Premises as Landlord, in its sole discretion, considers advisable or necessary in
connection with any such reletting or proposed reletting, without relieving Tenant of any liability under this Lease or otherwise affecting
any such liability.

 

Notwithstanding the foregoing,
Landlord will use reasonable efforts to relet the Premises after Tenant vacates the Premises; however, the marketing and leasing of the
Premises in a manner similar to the manner in which Landlord markets and leases other premises within Landlord’s control in the
Building shall be deemed to have satisfied Landlord’s obligation to use “reasonable efforts”. In no event shall Landlord
be required to (i) solicit or entertain negotiations with any other prospective tenants for the Premises unless and until Landlord
obtains full and complete possession of the Premises, including the final and unappealable legal right to relet the Premises free of any
claim of Tenant, (ii) lease the Premises to a tenant whose proposed use, in Landlord’s reasonable judgment, will be unacceptable,
(iii) relet the Premises prior to leasing any other vacant space in the Building, suitable for the use of the prospective tenant,
(iv) lease the Premises for a rental rate less than the current fair market rent then prevailing for similar space in the Building,
or (v) enter into a lease with any proposed tenant that does not have, in Landlord’s reasonable but good faith opinion, sufficient
financial wherewithal and resources to satisfy its financial obligations under the prospective lease.

 

Tenant shall pay
Landlord, on demand, all past due Rent and other losses and damages Landlord suffers as a result of Tenant’s Default, including,
without limitation, all Costs of Reletting (defined below) and any deficiency that may arise from reletting or the failure to relet the
Premises. “Costs of Reletting” shall include all reasonable costs and expenses incurred by Landlord in reletting or attempting
to relet the Premises, including, without limitation, legal fees, brokerage commissions, the cost of alterations and the value of other
concessions or allowances granted to a new tenant. Landlord shall be entitled to take into account in connection with any such reletting
of the Premises all relevant factors which would be taken into account by a sophisticated landlord in securing a replacement tenant for
the Premises including the first class quality of the Property, matters of tenant mix, and the financial responsibility of any such replacement
tenant.

 

    42

     

    

 

Tenant hereby waives
the service of any notice of intention to re-enter or to institute legal proceedings to that end which may otherwise be required to be
given under any present or future law. Tenant, on its own behalf and on behalf of all persons claiming through or under Tenant, including
all creditors, does further hereby waive any and all rights which Tenant and all such persons might otherwise have under any present or
future law to redeem the Premises, or to re-enter or repossess the Premises, or to restore the operation of this Lease, after (i) Tenant
shall have been dispossessed by a judgment or by warrant of any court or judge, or (ii) any re-entry by Landlord, or (iii) any
expiration or termination of this Lease and the term, whether such dispossess, re-entry, expiration or termination shall be by operation
of law or pursuant to the provisions of this Lease. The words “re-enter,” “re-entry” and “re-entered”
as used in this Lease shall not be deemed to be restricted to their technical legal meanings. In the event of a breach or threatened breach
by Tenant, or any persons claiming through or under Tenant, of any term, covenant or condition of this Lease, Landlord shall have the
right to enjoin such breach and the right to invoke any other remedy allowed by law or in equity as if re-entry, summary proceedings and
other special remedies were not provided in this Lease for such breach. The right to invoke the remedies hereinbefore set forth are cumulative
and shall not preclude Landlord from invoking any other remedy allowed at law or in equity.

 

7.5.          Landlord’s
Damages.

 

7.5.1.            If
this Lease and the Term shall expire and come to an end as provided in Section 7.2 hereof, or by or under any summary proceeding
or any other action or proceeding, or if Landlord shall re-enter the Premises as provided in 7.4, or by or under any summary proceeding
or any other action or proceeding, then, in any of said events:

 

Tenant shall pay
to Landlord all Base Rent, Additional Rent and other items of Rent payable under this Lease with respect to the entire Premises by Tenant
to Landlord to the date upon which this Lease and the term shall have expired and come to an end or to the date of re-entry upon the Premises
by Landlord, as the case may be;

 

Tenant also shall
be liable for and shall pay to Landlord, as damages, any deficiency (referred to as “Deficiency”) between the Rent
with respect to the entire Premises for the period which otherwise would have constituted the unexpired portion of the Term and the net
amount, if any, of rents collected under any reletting effected pursuant to the provisions of clause (ii) of 7.4 for any part of
such period (first deducting from the rents collected under any such reletting all of Landlord’s expenses in connection with the
termination of this Lease, Landlord’s re-entry upon the Premises and with such reletting, including, but not limited to, all repossession
costs, brokerage commissions, legal expenses, attorneys’ fees and disbursements, alteration costs, contribution to work and other
expenses of preparing the Premises for such reletting); any such Deficiency shall be paid in monthly installments by Tenant on the days
specified in this Lease for payment of installments of Base Rent; Landlord shall be entitled to recover from Tenant each monthly Deficiency
as the same shall arise, and no suit to collect the amount of the Deficiency for any month shall prejudice Landlord’s right to collect
the Deficiency for any subsequent month by a similar proceeding; and

 

    43

     

    

 

whether or not Landlord
shall have collected any monthly Deficiency as aforesaid, Landlord shall be entitled to recover from Tenant, and Tenant shall pay to Landlord,
on demand, in lieu of any further Deficiency as and for liquidated and agreed final damages, a sum equal to the amount by which the Rent
with respect to the entire Premises for the period which otherwise would have constituted the unexpired portion of the term (commencing
on the date immediately succeeding the last date with respect to which a Deficiency, if any, was collected) exceeds the then fair and
reasonable rental value of the Premises for the same period; if, before presentation of proof of such liquidated damages to any court,
commission or tribunal, the Premises, or any part thereof, shall have been relet by Landlord for the period which otherwise would have
constituted the unexpired portion of the term, or any part thereof, the amount of rent reserved upon such reletting shall be deemed, prima
facie, to be the fair and reasonable rental value for the part or the whole of the Premises so relet during the term of the reletting.

 

7.5.2.            If
the Premises, or any part thereof, shall be relet together with other space in the 18 Crosby Building and/or the 14 Crosby Building, as
applicable, then the rents collected or reserved under any such reletting and the expenses of any such reletting shall be equitably apportioned
for the purposes of this Section 7.5. Tenant shall in no event be entitled to any rents collected or payable under any reletting,
whether or not such rents shall exceed the Base Rent reserved in this Lease. Nothing contained herein shall be deemed to limit or preclude
the recovery by Landlord from Tenant of the maximum amount allowed to be obtained as damages by any statute or rule of law, or of
any sums or damages to which Landlord may be entitled in addition to the damages set forth in this Section 7.5.

 

ARTICLE VIII.

 

MISCELLANEOUS

 

8.1.          Security
Deposit. Simultaneous with the execution and delivery of this Lease, Tenant has delivered to Landlord the Security Deposit in the
form of a letter of credit (“Letter of Credit”) in the amount as set forth Article 1.1 of this Lease, as security
for the full and timely performance of Tenant’s obligations under the terms of this Lease.

 

8.1.1.            The
Security Deposit is not an advance payment of Rent or a measure of damages. Landlord may from time to time and without prejudice to any
other remedy provided in this Lease or by Law, use all or a portion of the Security Deposit to the extent necessary to satisfy past due
Rent or to satisfy any other loss or damage resulting from Tenant’s breach under this Lease. If Landlord uses any portion of the
Security Deposit, Tenant, within five (5) days after demand, shall restore the Security Deposit to its original amount, subject to
all terms and conditions set forth in Section 8.1.3. If Tenant fully and faithfully complies with all the covenants hereunder, Landlord
shall return any unapplied portion of the Security Deposit to Tenant within forty-five (45) days after the later to occur of: (a) determination
of the final Rent due from Tenant; or (b) the later to occur of the expiration date or the date Tenant surrenders the entire Premises
to Landlord in compliance with the terms and conditions of this Lease. Landlord may deliver or transfer the Security Deposit (or related
letter of credit) to any purchaser of Landlord’s interest in the Premises or any successor Landlord, if applicable, and thereupon
Landlord shall be discharged from any further liability with respect to the Security Deposit.

 

    44

     

    

 

8.1.2.            The
Letter of Credit shall: (a) be in the amount set forth in Article 1.1 of this Lease); (b) name Landlord as its beneficiary;
(c) be drawn on an FDIC insured financial institution reasonably satisfactory to the Landlord that satisfies both the Minimum Rating
Agency Threshold and the Minimum Capital Threshold (as those terms are defined below); and (d) otherwise be in form and content satisfactory
to Landlord. The “Minimum Rating Agency Threshold” shall mean that the issuing bank has outstanding unsecured, uninsured
and unguaranteed senior long-term indebtedness that is then rated (without regard to qualification of such rating by symbols such as “+”
or “-” or numerical notation) “Baa” or better by Moody’s Investors Service, Inc. and/or “BBB”
or better by Standard & Poor’s Rating Services, or a comparable rating by a comparable national rating agency designated
by Landlord in its discretion. The “Minimum Capital Threshold” shall mean that the Issuing Bank has combined capital,
surplus and undivided profits of not less than $10,000,000,000. The Letter of Credit (and any renewals or replacements thereof) shall
be for a term of not less than one (1) year. If the issuer of the Letter of Credit gives notice of its election not to renew such
Letter of Credit for any additional period, Landlord shall give notice to Tenant of such non-renewal of the Letter of Credit and Tenant
shall be required to deliver a substitute Letter of Credit satisfying the conditions hereof at least thirty (30) days prior to the expiration
of the term of such Letter of Credit. If the issuer of the Letter of Credit fails to satisfy either or both of the Minimum Rating Agency
Threshold or the Minimum Capital Threshold, Tenant shall be required to deliver a substitute letter of credit from another issuer reasonably
satisfactory to the Landlord and that satisfies both the Minimum Rating Agency Threshold and the Minimum Capital Threshold not later than
ten (10) Business Days after Landlord notifies Tenant of such failure. Tenant agrees that it shall from time to time, as necessary,
whether as a result of a draw on the Letter of Credit by Landlord pursuant to the terms hereof or as a result of the expiration of the
Letter of Credit then in effect, renew or replace the original and any subsequent Letter of Credit so that a Letter of Credit, in the
amount required hereunder, is in effect until a date which is at least sixty (60) days after the expiration date of the Lease. If Tenant
fails to furnish such renewal or replacement at least sixty (60) days prior to the stated expiration date of the Letter of Credit then
held by Landlord, Landlord may, after giving written notice to Tenant, and if Tenant does not then furnish such renewal or replacement
within ten (10) days of receipt of such notice, draw upon such Letter of Credit and hold the proceeds thereof (and such proceeds
need not be segregated) as a Security Deposit pursuant to the terms of this Article 8. Any renewal or replacement of the original
or any subsequent Letter of Credit shall meet the requirements for the original Letter of Credit as set forth above, except that such
replacement or renewal shall be issued by a national bank reasonably satisfactory to Landlord at the time of the issuance thereof. If
Landlord draws on the Letter of Credit as permitted in this Lease or the Letter of Credit, then, upon demand of Landlord, Tenant shall
restore the amount available under the Letter of Credit to its original amount, subject to all terms and conditions set forth in Section 8.1.3,
by providing Landlord with an amendment to the Letter of Credit evidencing that the amount available under the Letter of Credit has been
restored to its original amount, subject to all terms and conditions set forth in Section 8.1.3 below.

 

8.1.3.            The
initial Letter of Credit shall be delivered by Tenant to Landlord in the full amount of the Security Deposit equal to $918,815.78. In
the event that Tenant is not then in default and no prior Event of Default has occurred as of the date that is sixty (60) months following
the 14 Crosby Commencement Date, then Tenant may reduce the Letter of Credit to $500,000.00 (the “Revised Letter of Credit”),
and Tenant shall immediately deliver to Landlord the Revised Letter of Credit in the amount of $500,000.00.

 

    45

     

    

 

8.2.         Parking and Loading Dock: Tenant shall have the right to use on
a non reserved, first come, first served basis, parking in the parking lot adjacent to the 18 Crosby Building and the 14 Crosby Building,
as applicable, (i) with respect to the 18 Crosby Premises, at a ratio of two (2) vehicle spaces per each one thousand (1,000) rentable
square feet of the 18 Crosby Premises (equaling one hundred six (106) parking spaces for Tenant’s occupancy of approximately 53,000
rentable square feet), and (ii) with respect to the 14 Crosby Premises, at a ratio of three (3) vehicles spaces per each one thousand
(1,000) rentable square feet of the 14 Crosby Premises (equaling ninety-eight (98) parking spaces for Tenant’s occupancy of approximately
32,770 rentable square feet)(“Tenant’s Parking Rights”); provided, however, that Landlord and Tenant hereby acknowledge
and agree that Tenant’s Parking Rights shall be reduced by the number of parking spaces that are impacted by the installation of
any such Generator in accordance with Article X herein. Tenant’s Parking Rights shall be non-transferable (directly or indirectly)
to any other institutions, entities or individuals. Tenant’s use of the Tenant’s Parking Rights shall be limited to normal
Building operating hours, and overnight parking at the Building shall be strictly prohibited. Landlord, in Landlord’s sole discretion,
may institute a sticker system (the “Sticker System”) in connection with Tenant’s Parking Rights, and Tenant shall be
solely responsible for distributing any and all such stickers to Tenant’s employees in connection therewith. Landlord may cause
any such illegally parked car or any such car without a parking sticker, if applicable, to be towed from the parking lot, and Landlord
may bill the owner of such car for any and all such costs and expenses in connection therewith. Tenant shall use best efforts to comply
with any and all policies in connection with this Section 8.2. Notwithstanding anything to the contrary set forth herein, in the event
that Tenant requires additional unreserved parking spaces (the “Additional Parking Spaces”), then Tenant shall provide Landlord
with written notice of such request, and Landlord shall use reasonable efforts to accommodate Tenant’s needs for such Additional
Parking Spaces. Tenant shall be solely responsible, at Tenant’s sole cost and expense, for (i) any and all costs incurred by Landlord
or otherwise in connection with providing Tenant such Additional Parking Spaces, and (ii) any and all such other fees, costs, charges,
expenses and/or the like in connection with Tenant’s use of such Additional Parking Spaces. Tenant’s use of any such Additional
Parking Spaces shall be subject to all terms and conditions of this Lease, including, without limitation, this Section 8.2.

 

8.2.1.            Landlord
shall not be responsible for money, jewelry, automobiles or other personal property lost in or stolen from the parking lot. Landlord shall
not be liable for any loss, injury or damage to persons using the parking lot or automobiles or other property thereon, it being agreed
that, to the fullest extent permitted by law, the use of the parking lot and the parking spaces shall be at the sole risk of Tenant and
its employees. Except for emergency repairs, Tenant and its employees shall not perform any work on any automobiles while located in the
parking lot.

 

8.2.2.            Tenant’s
Parking Rights shall be subject to such reasonable rules and regulations therefor as may be set and changed with reasonable prior
notice by the Landlord from time to time and uniformly enforced by Landlord during the term. Tenant’s Parking Rights are non-assignable
and intended solely for the use of Tenant’s employees working from and business invitees to the Premises; and as such Tenant shall
not offer them for “use” or “license” to any other entity, the general public, or any other tenants of the Building.
All such appurtenant rights for parking as set forth in this Section are automatically terminated upon termination of this Lease
and shall have no separate independent validity or legal standing. Landlord reserves the right to relocate and/or temporarily close any
or all of the parking facilities to the extent necessary in the event of a casualty or governmental taking or for maintenance and repairs
of the parking facility provided Landlord shall reopen the same or provide replacement parking facilities as soon as practicable thereafter.

 

    46

     

    

 

8.2.3            18
Crosby Building Loading Dock: Tenant shall have the exclusive right to use the 18 Crosby Building’s loading dock (the “18
Crosby Building Loading Dock”). Tenant’s right to use the 18 Crosby Building Loading Dock shall be non-transferable (directly
or indirectly) to any other institutions, entities or individuals, except in connection with an assignment of this Lease or sublease of
all or a portion of the Premises pursuant to and in accordance with all terms and conditions of Section 5.6. Landlord shall not be
liable for any loss, injury or damage to persons using the 18 Crosby Building Loading Dock or vehicles or other property used in connection
therewith, it being agreed that, to the fullest extent permitted by law, the use of the 18 Crosby Building Loading Dock shall be at the
sole risk of Tenant and its employees. Tenant shall be solely responsible, at Tenant’s sole cost and expense, for any and all such
repair, maintenance, replacement and the like with the respect to the 18 Crosby Building Loading Dock throughout the entire Term of this
Lease, as the same may be extended. Use of the 18 Crosby Building Loading Dock shall be subject to such reasonable rules and regulations
therefor as may be set and changed with reasonable prior notice by Landlord from time to time. All such appurtenant rights to use the
18 Crosby Building Loading Dock as set forth in this Section are automatically terminated upon termination of this Lease and shall
have no separate independent validity or legal standing. Landlord reserves the right to temporarily close the 18 Crosby Building Loading
Dock to the extent necessary in the event of a casualty or governmental taking or for maintenance and repairs of the 18 Crosby Building,
provided Landlord shall reopen the same as soon as practicable thereafter.

 

8.3.          Notice
of Lease; Consent or Approval; Notices; Bind and Inure; Landlord’s Estate: The titles of the Articles are for convenience only
and not to be considered in construing this Lease. The Exhibits attached hereto are incorporated herein by reference. Tenant agrees not
to record this Lease, but upon request of either party, both parties shall execute and deliver a notice of this Lease in form appropriate
for recording or registration, and if this Lease is terminated before the Term expires, an instrument in such form acknowledging the date
of termination. Whenever any notice, approval, consent, request or election is given or made pursuant to this Lease it shall be in writing.
Communications and payments shall be addressed if to Landlord at Landlord’s Address or at such other address as may have been specified
by prior notice to Tenant; and if to Tenant at Tenant’s Address or at such other place as may have been specified by prior notice
to Landlord. Any communication so addressed shall be mailed by registered or certified mail, return receipt requested, postage prepaid,
by express mail, by express courier service, or by hand delivery. Notice or payment shall be deemed given when so delivered by hand or,
if mailed by registered or certified mail, two days after it is deposited with the U.S. Postal Service, or if sent by express mail or
courier service, one day after it is deposited with the U. S. Postal or such other service. If Landlord by notice to Tenant at any time
designates some other person to receive payments or notices, all payments or notices thereafter by Tenant shall be paid or given to the
agent designated until notice to the contrary is received by Tenant from Landlord. The obligations of this Lease shall run with the land,
and this Lease shall be binding upon and inure to the benefit of the parties hereto and their respective successors and permitted assigns,
except that each original Landlord named herein and each successive owner of the Premises shall be liable only for obligations accruing
during the period of its ownership. If Landlord shall at any time be an individual, joint venture, tenancy in common, firm or partnership
(general or limited) a trust or trustees of a trust, it is specifically understood and agreed that there shall be no personal liability
of the Landlord or any joint 49enture, tenant, partner, trustee, shareholder, beneficiary or holder of a beneficial interest under any of
the provisions hereof or arising out of the use or occupation of the Premises by Tenant. In the event of a breach or default by Landlord
of any of its obligations under this Lease, Tenant shall look solely to the then equity of the Landlord in the Property for the satisfaction
of Tenant’s remedies, and it is expressly understood and agreed that Landlord’s liability under the terms, covenants, conditions,
warranties and obligations of this Lease shall in no event exceed the value of such equity interest.

 

    47

     

    

 

8.4.          Landlord’s
Failure to Enforce: The failure of Landlord or of Tenant to seek redress for violation of, or to insist upon strict performance of,
any covenant or condition of this Lease, or, with respect to such failure of Landlord, any of the Rules and Regulations referred
to in Section 5.4, whether heretofore or hereafter adopted by Landlord, shall not be deemed a waiver of such violation nor prevent
a subsequent act, which would have originally constituted a violation, from having all the force and effect of an original violation
of any such Rules or Regulations. The receipt by Landlord of Base Rent or Additional Rent with knowledge of the breach of any covenant
of this Lease shall not be deemed a waiver of such breach. No provision of this Lease shall be deemed to have been waived by Landlord,
or by Tenant, unless such waiver is in writing signed by the party to be charged. No consent or waiver, express or implied, by Landlord
or Tenant to or of any breach of any agreement or duty shall be construed as a waiver or consent to or of any other breach of the same
or any other agreement or duty.

 

8.5.          Acceptance
of Partial Payments of Rent; Delivery of Keys: No acceptance by Landlord of a lesser sum than the Base Rent and Additional Rent then
due shall be deemed to be other than on account of the earliest installment of such rent, due, nor shall any endorsement or statement
on any check or any letter accompanying any check or payment as rent be deemed an accord and satisfaction, and Landlord may accept such
check or payment without prejudice to Landlord’s right to recover the balance of such installment or pursue any other remedy in
this Lease provided. The delivery of keys to any employee of Landlord or to Landlord’s agent or any employee thereof shall not
operate as a termination of this Lease or a surrender of the 18 Crosby Premises and/or the 14 Crosby Premises, as applicable.

 

8.6.         Cumulative
Remedies: The specific remedies to which Landlord may resort under the terms of this Lease are cumulative and are not intended to
be exclusive of any other remedies or means of redress to which it may be lawfully entitled in case of any breach or threatened breach
by Tenant of any provisions of this Lease. In addition to the other remedies provided in this Lease, Landlord shall be entitled to the
restraint by injunction of the violation or attempted or threatened violation of any of the covenants, conditions or provisions of this
Lease or to a decree compelling specific performance of any such covenants, conditions or provisions.

 

8.7.          Partial
Invalidity: If any term of this Lease, or the application thereof, to any person or circumstances, shall to any extent be invalid
or unenforceable, the remainder of this Lease, or the application of such term to persons or circumstances other than those to which
it is invalid or unenforceable, shall not be affected thereby, and each term of this Lease shall be valid and enforceable to the fullest
extent permitted by law.

 

8.8.          Self-Help:
If Tenant shall at any time default in the performance of any obligation under this Lease, Landlord shall have the right, but shall not
be obligated, to enter upon the 18 Crosby Premises and/or the 14 Crosby Premises, as applicable, or the 18 Crosby Building and/or the
14 Crosby Building, as applicable and to perform such obligation notwithstanding the fact that no specific provision for such substituted
performance by Landlord is made in this Lease with respect to such default. In performing such obligation, Landlord may make any payment
of money or perform any other act. All sums so paid by Landlord and all necessary incidental costs and expenses in connection with the
performance of any such act by Landlord, shall be deemed to be Additional Rent under this Lease and shall be payable to Landlord immediately
on demand. Landlord may exercise the foregoing rights without waiving any other of its rights or releasing Tenant from any of its obligations
under this Lease.

 

    48

     

    

 

8.8.1.            Tenant’s
Self Help. If Landlord shall default in the performance of any material obligation expressly contained in this Lease, and if Landlord
shall not cure such default within thirty (30) days after written notice from Tenant specifying the default (or, if such default shall
reasonably take more than thirty (30) days to cure, and Landlord shall not have commenced the same within the thirty (30) day period),
Tenant may, at its option, cure such default and any amount paid by Tenant, evidenced by invoices and receipts, in remedying such default
shall be reimbursed by Landlord to Tenant within forty-five (45) days after written notice to Landlord. If Landlord shall fail to reimburse
Tenant with the said forty-five (45) day period, said amount may be deducted from the next payment of Base Rent; provided, however, that
should said amount or the liability therefor be disputed by Landlord, Landlord may contest its liability or the amount thereof, through
arbitration or through a declaratory judgment action.

 

8.9.          Estoppel
Certificate: From time to time, within ten (10) days next following request by Landlord, Tenant shall deliver to Landlord a
written statement executed by Tenant, in form satisfactory to Landlord:

 

8.9.1.            stating
that this Lease is then in full force and effect and has not been modified (or if modified, setting forth all modifications);

 

8.9.2.            setting
forth the date to which the Base Rent and Additional Rent have been paid;

 

8.9.3.            stating
whether or not, to the best knowledge of Tenant, Landlord is in default under this Lease, and, if Landlord is in default, setting forth
the specific nature of all such defaults; and

 

8.9.4.            certifying
as to any other matters reasonably requested by Landlord.

 

Tenant’s failure to
execute and deliver such statement within five (5) days of such time shall, at the option of Landlord, constitute a material default
under this Lease and, in any event, shall be conclusive upon Tenant that this Lease is in full force and effect without modification except
as may be represented by Landlord in any such certificate prepared by Landlord and delivered to Tenant for execution. Tenant acknowledges
that any statement delivered pursuant to this Section 8.9 may be relied upon by any purchaser or owner of the Property, Office Park,
Lot or the Building, or Landlord’s interest in the Property, Office Park, Lot or the Building, or by any mortgage, or by an assignee
of any mortgage, of the Property, Office Park, Lot or the Building.

 

8.10.        Waiver
of Subrogation: Any insurance carried by either party, or required to be carried by either party, with respect to the 18 Crosby Premises
and the 14 Crosby Premises, as applicable, or property therein or occurrences thereon shall include a clause or endorsement denying to
the insurer rights of subrogation against the other party to the extent rights have been waived by the insured prior to occurrence of
injury or loss. Each party, notwithstanding any provisions of this Lease to the contrary, hereby waives any rights of recovery against
the other for injury or loss due to hazards covered by, or required to be covered by, such insurance.

 

    49

     

    

 

8.11.        All
Agreements Contained: This Lease contains all of the agreements of the parties with respect to the subject matter thereof and supersedes
all prior dealings between them with respect to such subject matter.

 

8.12.        Brokerage:
Landlord and Tenant warrant to each other that they have had no dealings with any broker or agent in connection with this Lease other
than Jones Lang LaSalle and Avison Young (the “Broker(s)”), and covenant to defend with counsel approved by the other,
hold harmless and indemnify the other from and against any and all cost, expense or liability for any compensation, commissions and charges
claimed by any other broker or agent with respect to this Lease or the negotiation thereof. Landlord shall be responsible for payment
of fees to Broker(s) per a separate agreement.

 

8.13.        Submission
Not an Option: The submission of this Lease or a summary of some or all of its provisions for examination does not constitute a reservation
of or option of the Premises or an offer to lease and it is not effective as a lease or otherwise until execution by and delivery to
both Landlord and Tenant.

 

8.14.        Transfer
for Landlord: In the event of a sale or conveyance by Landlord of the 18 Crosby Premises and/or the 14 Crosby Premises, as applicable,
the same shall operate to release Landlord from any future liability for any of the covenants or conditions, express or implied, herein
contained in favor of Tenant with respect to the 18 Crosby Premises and/or the 14 Crosby Premises, as applicable, and in such event Tenant
agrees to look solely to Landlord’s successor in interest with respect thereto and agrees to attorn to such successor.

 

8.15.        Option
to Extend Term.

 

8.15.1.          Provided
(a) that there has not been an Event of Default (as defined in Article 7 of this Lease), (b) this Lease is still in full
force and effect, and (c) Tenant is occupying one hundred percent (100%) of the entire Premises (except with respect to (a) a
Permitted Transfer or (b) a sublease (which does not fall under the definition of Permitted Transfer) of 20,000 rentable square feet
or less of the entire Premises), Tenant shall have the option to extend the term of this Lease with respect to the entire Premises for
two (2) successive five (5) year periods (the “Extension Terms”, each an “Extension Term”)
commencing on the day immediately succeeding the expiration date of the then current term, under the same terms, covenants and conditions
contained in this Lease (except that Landlord shall not be obligated to refurbish the either the 18 Crosby Premises or the 14 Crosby Premises,
nor provide any allowance therefor, and there shall be no further extension options for a third option term); provided, however,
that (i) the Base Rent for the first (1st) Extension Term with respect to the 18 Crosby Premises and the 14 Crosby Premises,
as applicable, shall be equal to the greater of (a) the Base Rent in effect during the last year of the initial Lease term with respect
to the 18 Crosby Premises and the 14 Crosby Premises, as applicable, and (b) ninety-five percent (95%) of the Fair Market Rent for
comparable space in the 18 Crosby Building and the 14 Crosby Building, as applicable, and the Bedford/Lexington/Burlington lab and office
submarket, having due regard for the size, location and use of the 18 Crosby Premises and the 14 Crosby Premises, as applicable, and (ii) the
Base Rent for the second (2nd) Extension Term with respect to the 18 Crosby Premises and the 14 Crosby Premises, as applicable,
shall be equal to the greater of (y) the Base Rent in effect during the last year of the then current term with respect to the 18
Crosby Premises and the 14 Crosby Premises, as applicable, and (z) the Fair Market Rent for comparable space in the 18 Crosby Building
and the 14 Crosby Building, as applicable, and the Bedford/Lexington/Burlington lab and office submarket, having due regard for the size,
location and use of the 18 Crosby Premises and the 14 Crosby Premises, as applicable. Regardless of whether the Base Rent with respect
to the 18 Crosby Premises or the 14 Crosby Premises, as applicable, for the applicable Extension Term is calculated based on (a), (b),
(y), or (z), as applicable, above in this Section 8.15.1, the Base Rent with respect to the 18 Crosby Premises or the 14 Crosby Premises,
as applicable, of the applicable Extension Term shall include annual increases consistent with Fair Market Rent increases at the time
of Tenant’s renewal exercise. In the event Tenant exercises its option to extend the then current term as provided herein, the expiration
date shall be that date which is the last day of the applicable Extension Term, and Landlord and Tenant shall thereupon execute an amendment
to this Lease in form satisfactory to Landlord (the “Extension Term Amendment”) extending the expiration date to this
Lease and modifying the Base Rent with respect to the 18 Crosby Premises or the 14 Crosby Premises, as applicable, in accordance with
the provisions of this Section.

 

    50

     

    

 

 

8.15.2.           If
Tenant desires to exercise its options to extend the Term with respect to the entire Premises as contained in this Section, time being
of the essence, Tenant shall provide Landlord written notice not sooner than eighteen (18) months, and not later than twelve (12) months
prior to the expiration date of the then current Term.

 

8.15.3.           “Fair
Market Rent” shall mean the fair market rent, including concessions (and taking into account all market factors) that would
be agreed upon between a landlord and a tenant entering into a new lease for comparable space in the 18 Crosby Building and the 14 Crosby
Building, as applicable, and in the Bedford/Lexington/Burlington lab and office submarket as to location, size and use, in a comparable
building assuming the premises are in their then as-is condition, a comparable term and comparable operating expenses and real estate
taxes, assuming that the landlord and the tenant are informed and well-advised and each is acting in what it considers its own best interests.
Landlord and Tenant shall negotiate in good faith to determine the Fair Market Rent for the applicable Extension Term for a period of
thirty (30) days after the date on which Landlord receives Tenant’s written notice of Tenant’s election to extend the term,
as provided hereunder.

 

8.15.4            In the event
Landlord and Tenant are unable to agree upon the Fair Market Rent for the applicable Extension Term within said thirty (30) day period,
the Fair Market Rent shall be determined by a board of three (3) licensed commercial real estate appraisers, each having at least
ten (10) years’ experience in leasing in the Bedford/Lexington/Burlington lab and office submarket, one of whom shall be named
by Landlord, one of whom shall be named by Tenant, and the two so appointed shall select the third. Landlord and Tenant agree to make
their appointments within fifteen (15) days after the expiration of said thirty (30) day period. The two appraisers selected by Landlord
and Tenant shall select the third appraiser within fifteen (15) days after they have both been selected, and each of Landlord’s
and Tenant’s appraiser shall, within fifteen (15) days after the third appraiser is selected, submit his or her determination of
Fair Market Rent to the third appraiser. The third appraiser shall select the determination of Landlord’s or Tenant’s appraiser
that such third appraiser finds to most closely resemble Fair Market Rent, and that amount shall be the Base Rent with respect to the
18 Crosby Premises and/or the 14 Crosby Premises, as applicable, during the Extension Term. Each party shall bear the cost of its appraiser
and the parties shall share equally in the cost of the third appraiser. In the event that Fair Market Rent has not been determined as
of the start of the applicable Extension Term, then Base Rent with respect to the 18 Crosby Premises and the 14 Crosby Premise, as applicable,
shall be paid at the rate payable immediately prior thereto, and an adjustment, retroactive to the start of the applicable Extension Term,
shall be made once Fair Market Rent is known. Notwithstanding anything contained herein to the contrary, if an Event of Default (as defined
in Article 7) with respect to either the 18 Crosby Premises and/or the 14 Crosby Premises, as applicable, occurs at any time after
the Tenant’s written exercise of the applicable extension option, Landlord may elect, at Landlord’s sole discretion by written
notice to Tenant, to reject Tenant’s exercise of such extension option. If Landlord so rejects Tenant’s exercise of the extension
option, such extension option shall be null and void.

 

    51

     

    

 

8.16.        Intentionally
Omitted.

 

8.17.        Right
of First Offer.

 

8.17.1.          Subject
to the terms and conditions set forth below and as otherwise set forth herein, as applicable, in the event that Landlord, in Landlord’s
sole and unfettered discretion, elects to expand the 18 Crosby Building, then Tenant shall have the one-time right of first offer (the
 “ROFO”) to expand the 18 Crosby Premises by leasing at least 50,000 rentable square feet of space in the 18 Crosby
Building, but no more than 70,000 rentable square feet of space in the 18 Crosby Building (the “ROFO Space”), subject
to the Town of Bedford’s approval of the site plan and subject to Landlord’s receipt of all necessary permits, approvals
and the like.

 

8.17.2.          Tenant
shall have the right to exercise its ROFO with respect to the ROFO Space at any time within the twelve (12) month period following the
18 Crosby Commencement Date (the “ROFO Commencement Date”). During the period of time beginning as of the ROFO Commencement
Date and ending as on the date that is twelve (12) months following the ROFO Commencement Date (the “ROFO Expiration Date”),
(i) Landlord shall not market the ROFO Space to any prospective tenants, and (ii) Landlord and Tenant shall work in tandem and
harmoniously towards generating a site plan for the Town of Bedford’s approval, subject to Landlord and Tenant’s reasonable
approval, as well as other necessary and incidental items with respect thereto. In the event that Tenant timely exercises its ROFO with
respect to the ROFO Space, then (i) the term of the Lease with respect to the entire Premises shall be extended for ninety-six (96)
months such that the term of this Lease with respect to the entire Premises shall expire on that date that is ninety-six (96) months following
the 18 Crosby Expiration Date, and the Base Rent for the 18 Crosby Premises and the 14 Crosby Premises, as applicable, shall be increased
using the annual escalation rate as contained in this Lease, and (ii) Base Rent for the ROFO Space shall be based on a lease constant
of nine percent (9%) on the total project costs with respect to the ROFO Space and the expansion of the 18 Crosby Building associated
therewith, including, without limitation, market rate land value and hard and soft costs; provided, however, that in the event that Tenant
expands the 18 Crosby Building, Landlord shall remove the remaining $300,000.00 from the nine percent (9%) return on cost factor as negotiated
and shall be Landlord’s sole cost. In addition, in the event that Tenant timely notifies Landlord that it wishes to lease the ROFO
Space, then Landlord and Tenant shall promptly, but in no event later than thirty (30) days after Tenant’s timely notice, execute
an amendment to this Lease in form satisfactory to Landlord (the “ROFO Space Amendment”) incorporating the ROFO Space
into the entire Premises, extending the term of this Lease with respect to the entire Premises by ninety-six (96) months, and modifying
any and all other applicable terms and conditions contained in this Lease.

 

    52

     

    

 

8.17.3.          If
Tenant fails to timely notify Landlord within said twelve (12) month period of time following the ROFO Commencement Date as set forth
in Section 8.17.2 that Tenant intends to lease such ROFO Space, or if Tenant fails to timely execute the ROFO Space Amendment, then
Tenant shall be deemed to have waived its rights with respect to the ROFO Space and Landlord shall be entitled to lease, at its sole discretion
and without any further notice to Tenant, all or any portion of such ROFO Space to any third party or parties on such terms and conditions,
including, without limitation, options to extend the term of such lease and/or expand the premises under such lease, and for such rent
as Landlord determines, all in its sole discretion, and the ROFO with respect to any such space shall be of no further force or effect;
provided, however, that if Landlord shall receive a bona fide offer (the “Offer”) from a prospective tenant to lease
all or any part of the ROFO Space after said twelve (12) month period of time, Landlord shall give Tenant written notice of such fact.
Landlord’s notice shall specify all material terms and conditions of the Offer. Tenant, by written notice to Landlord, will notify
Landlord within five (5) Business Days of Landlord’s notice if Tenant wishes to lease such ROFO Space from Landlord on the
terms and conditions so specified in the Offer. If Tenant notifies Landlord that it wishes to lease the ROFO Space pursuant to and in
connection with the Offer, then Landlord and Tenant shall execute an amendment to this Lease in a form provided by Landlord incorporating
such ROFO Space into the entire Premises upon the terms contained in the Offer within five (5) Business Days thereafter, and the
term of the Lease with respect to the entire Premises shall be extended for ninety-six (96) months such that the term of this Lease with
respect to the entire Premises shall expire on that date that is ninety-six (96) months following the 18 Crosby Expiration Date, and the
Base Rent for the 18 Crosby Premises and the 14 Crosby Premises, as applicable, shall be increased using the annual escalation rate as
contained in this Lease. If Tenant timely exercises such option as set forth in this Section 8.17.3, Landlord will deliver such space
to Tenant at the time the space was to be delivered to the prospective tenant under the Offer. If Tenant fails to notify Landlord within
said five (5) Business Day period that Tenant intends to lease such ROFO Space, or fails to execute a lease amendment for such ROFO
Space within five (5) Business Days of Tenant’s notice of intent to Landlord, or notifies Landlord that Tenant does not wish
to lease the ROFO Space pursuant to the terms and conditions contained in the Offer, then Tenant shall be deemed to have waived its rights
with respect to the ROFO Space and Landlord shall be entitled to lease, at its sole discretion and without any further notice to Tenant,
in whole or in part, the ROFO Space to the prospective tenant identified in such Offer on the terms set forth in the Offer or on terms
for a Net Effective Rate (as defined hereinafter) which is not lower than that offered to Tenant pursuant to the Offer by more than ten
percent (10%); it being hereby agreed that, as used herein, the term “Net Effective Rate” shall mean the actual rental rate
to be received per year, on the average, during the proposed term determined by deducting from the face rental value for the term thereof
the dollar value of all inducements, free rent, tenant improvements and other concessions proposed to be given.

 

8.17.4.         Notwithstanding any
contrary provision of this Section 8.17 or any other provision of this Lease, any ROFO and any exercise by Tenant of any right set
forth in this Section shall be void and of no effect unless on the date Tenant notifies Landlord that it is exercising the ROFO or
on the date that Tenant notifies Landlord that it wishes to lease the ROFO Space as Section forth in Section 8.17.3 herein,
as applicable, and on the commencement date of the amendment for the ROFO Space (i) this Lease is in full force and effect and (ii) no
Event of Default has occurred under this Lease and (iii) except in connection with a Permitted Transfer, Tenant shall not have assigned
this Lease, and there shall not be any sublease or subleases in effect as of the commencement of the term of the Lease for any of the
ROFO Space as of the date of Landlord’s notice of the ROFO Space availability.

 

    53

     

    

 

8.17.5          If Landlord elects to expand the 18 Crosby Building and leases
such space to another tenant other than Tenant, the design and the construction of the 18 Crosby Building expansion shall not unreasonably
interfere with Tenant’s access to or operations in the 18 Crosby Building. Landlord shall use commercially reasonable efforts to
minimize interference with Tenant’s access to or operations in the 18 Crosby Building during the performance of any such work by
or on behalf of Landlord in connection with any such 18 Crosby Building expansion work.

 

8.18.        Landlord’s
Property. Subject to Section 8.19 below, all fixtures, machinery, equipment, improvements and appurtenances attached to, or built
into, the Premises at the commencement of, or during the Term, whether or not placed there by or at the expense of Tenant, shall become
and remain a part of the Premises; shall be deemed the property of Landlord (the “Landlord’s Property”), without
compensation or credit to Tenant; and shall not be removed by Tenant unless Landlord requests their removal in accordance with the provisions
of this Lease. Further, any personal property in the Premises on the 18 Crosby Commencement Date and/or the 14 Crosby Commencement Date,
as applicable, movable or otherwise, unless installed and paid for by Tenant, shall be and shall remain the property of Landlord and shall
not be removed by Tenant. In no event shall Tenant remove any of the following materials or equipment without Landlord’s prior written
consent: any power wiring or power panels, lighting or lighting fixtures, wall or window coverings, carpets or other floor coverings,
heaters, air conditioners or any other HVAC equipment, fencing or security gates, or other similar Building operating equipment and decorations.

 

8.19.        Tenant’s
Property. All movable non-structural partitions, business and trade fixtures, machinery and equipment, communications equipment and
office equipment, that are installed in the Premises by, or for the account of, Tenant without expense to Landlord and that can be removed
without structural damage to the Property and/or Building, and all furniture, furnishings and other articles of movable personal property
owned by Tenant and located in the Premises (collectively, the “Tenant’s Property”) shall be and shall remain
the property of Tenant and may be removed by Tenant at any time during the term, provided that Tenant repairs or pays the cost of repairing
any damage to the Premises, Building or Property resulting from the installation and/or removal thereof. At or before the expiration
date, or the date of any earlier termination, Tenant, at its expense, shall remove from the Premises (i) all of Tenant’s Property,
and (ii) any alterations, if any, as agreed in writing in accordance with Section 5.2 hereof, and Tenant shall repair any damage
to the Premises, Building or Property resulting from any installation and/or removal of such property. If Tenant fails to remove any
of Tenant’s Property, or to restore the Premises to the required condition, within three (3) days after termination of this
Lease or Tenant’s right to possession, Landlord, at Tenant’s sole cost and expense, shall be entitled (but not obligated)
to remove and store Tenant’s Property and/or perform such restoration of the Premises. Landlord shall not be responsible for the
value, preservation or safekeeping of Tenant’s Property. Tenant shall pay Landlord, upon demand, the expenses and storage charges
incurred. If Tenant fails to remove Tenant’s Property from the Premises or storage, within thirty (30) days after notice, Landlord
may deem all or any part of Tenant’s Property to be abandoned and, at Landlord’s option, title to Tenant’s Property
shall vest in Landlord or Landlord may dispose of Tenant’s Property in any manner Landlord deems appropriate.

 

    54

     

    

 

8.20.        Waiver.
Tenant hereby waives the right to recover from Landlord any incidental, statutory, indirect, consequential, special or punitive damages,
loss of profits or revenue.

 

8.21.        Intentionally
Omitted.

 

8.22.        Counterparts.
This Lease may be executed in any number of counterparts (including facsimiles), each of which will be deemed an original, but all of
which will be deemed one and the same instrument.

 

8.23.        Miscellaneous.

 

Time is of the essence
with regard to this Lease and all of its provisions.

 

This Lease shall
be interpreted and enforced in accordance with the Laws of the Commonwealth of Massachusetts and Landlord and Tenant hereby irrevocably
consent to the jurisdiction and proper venue of the Commonwealth of Massachusetts.

 

If Landlord is advised by its counsel at any time
that any part of the payments by Tenant to Landlord under this Lease may be characterized as unrelated business income under the United
States Internal Revenue Code and its regulations, then Tenant shall enter into any amendment proposed by Landlord to avoid such income,
so long as the amendment does not require Tenant to make more payments or accept fewer services from Landlord, than this Lease provides.

 

This Lease may be
modified only by a written agreement signed by an authorized representative of Landlord and Tenant.

 

Permission
to Use Tenant’s Logo: Tenant hereby grants to Landlord’s affiliate, Jumbo Capital Incorporated, a non-exclusive,
limited and revocable license to use and display Tenant’s word marks, tradenames or logo (“Tenant’s Logo”)
in electronic form on Landlord’s website (the “Permitted Platform”) for the purpose of identifying Tenant as
a tenant of Landlord’s building (the “Permitted Purpose”). Such license shall terminate upon the earlier of the
date that is thirty (30) days following (a) Landlord’s receipt of Tenant’s written request to terminate such license
or (b) the expiration or termination of the Lease. Upon termination of such license, Landlord shall refrain from further use of Tenant’s
Logo for the Permitted Purpose on the Permitted Platform.

 

ARTICLE IX.

 

SUBORDINATION

 

9.1.          Subordination:
This Lease shall be subject and subordinate to any first mortgage now or hereafter on the Lot, the Office Park or Building, or any combination
thereof, which are separately and together hereinafter in this Article IX referred to as the “mortgaged premises,”
and to each advance made or hereafter to be made under any mortgage, and to all renewals, modifications, consolidations, replacements
and extensions thereof and all substitutions therefore. This Section 9.1 shall be self- operative and no further instrument of subordination
shall be required; however, Tenant shall execute and deliver promptly any instrument, in recordable form if requested by Landlord or
any mortgagee, that Landlord, any Lessor or mortgagee may request to evidence and confirm such subordination. Upon Tenant’s written
request, but no more than once per any such calendar year, Landlord agrees to use commercially reasonable efforts to have any mortgagee of
the Lot, the Office Park or Building, enter into such mortgagee’s standard nondisturbance agreement with Tenant, provided that
Tenant is not then in default under this Lease and agrees to pay any charges or fees (including reasonable attorneys’ fees) which
may be required by such mortgagee or Landlord in order to obtain such agreement. Tenant shall not do anything that would constitute a
default under any mortgage of the mortgaged premises, or omit to do anything that Tenant is obligated to do under the terms of this Lease
so as to cause Landlord to be in default thereunder. If, in connection with the financing of the Property, the Office Park, the Lot or
the Building, or if any lending institution or Lessor shall request reasonable modifications of this Lease that do not increase Tenant’s
monetary obligations under this Lease, or materially adversely affect or diminish the rights, or materially increase the other obligations
of Tenant under this Lease, Tenant shall make such modifications.

 

    55

     

    

 

9.2.          Attornment.
If at any time prior to the expiration of the term, any mortgagee comes into possession of the Property, the Lot, the Office Park or
the Building, as applicable, or the estate created by receiver or otherwise, Tenant agrees, at the election and upon demand of any owner
of the Property, the Lot, the Office Park or the Building, or of the Landlord, or of any mortgagee in possession of the Property, the
Lot, the Office Park or the Building, to attorn, from time to time, to any such owner, Landlord or mortgagee or any person acquiring
the interest of Landlord as a result of any such termination, or as a result of a foreclosure of the mortgage or the granting of a deed
in lieu of foreclosure, upon the then executory terms and conditions of this Lease, for the remainder of the term, provided that such
owner, landlord or mortgagee, or receiver caused to be appointed by any of the foregoing, as the case may be, shall then be entitled
to possession of the Premises, as applicable, and provided further that such owner, landlord or mortgagee, as the case may be, or anyone
claiming by, through or under such owner, landlord or mortgagee, as the case may be, including a purchaser at a foreclosure sale, shall
not be:

 

9.2.1.            liable
for any act or omission of any prior landlord (including, without limitation, the then defaulting landlord); or

 

9.2.2.            subject
to any defense or offsets which Tenant may have against any prior landlord (including, without limitation, the then defaulting landlord);
or

 

9.2.3.            bound
by any payment of Rent that Tenant may have made to any prior landlord (including, without limitation, the then defaulting landlord) more
than thirty (30) days in advance of the date upon which such payment was due; or

 

9.2.4.            bound
by any obligation to make any payment to or on behalf of Tenant; or

 

9.2.5.            bound
by any obligation to perform any work or to make improvements to the Premises, except for:

 

repairs and maintenance
pursuant to applicable provisions of this Lease, the need for which repairs and maintenance first arises after the date upon which such
owner, lessor, or mortgagee shall be entitled to possession of the Premises;

 

repairs to the Premises,
as applicable, or any part thereof as a result of damage by fire or other casualty, or taking, pursuant to Section 6.1 hereof, but
only to the extent that such repairs can be reasonably made from the net proceeds of any insurance actually made available to such owner,
lessor or mortgagee; and 

 

    56

     

    

 

bound by any amendment
or modification of this Lease made without its consent; or

 

bound to return
Tenant’s security deposit, if any, until such deposit has come into its actual possession and Tenant would be entitled to such security
deposit pursuant to the terms of this Lease.

 

The provisions of this Section 9.2
shall enure to the benefit of any such owner, lessor or mortgagee, shall be self operative upon any such demand, and no further instrument
shall be required to give effect to said provisions. Tenant, however, upon demand of any such owner, lessor or mortgagee, shall execute,
at Tenant’s expense, from time to time, instruments, in recordable form, in confirmation of the foregoing provisions of this Section 9.2,
satisfactory to any such owner, lessor or mortgagee, acknowledging such attornment and setting forth the terms and conditions of its tenancy.
Nothing contained in this Section 9.2 shall be construed to impair any right otherwise exercisable by any such owner, lessor or mortgagee.

 

ARTICLE X.

 

GENERATOR

 

10.1.1.     Grant
of Rights. Landlord grants Tenant the appurtenant, exclusive, and irrevocable (except upon the expiration or earlier termination
of this Lease, or as otherwise provided in this Section) license at no additional charge (other than to the extent included in Operating
Costs), but otherwise subject to the terms and conditions of this Lease, to use that portion of the Property in the location(s) set
forth in Exhibit I attached hereto and incorporated herein by this reference (the “Generator Area(s)”)
to, at Tenant’s sole cost and expense, operate, maintain, repair, and replace a generator at the 14 Crosby Building and/or the
18 Crosby Building, as applicable (each a “Generator”), which such Generator is approved by Landlord for Tenant’s
own use, appurtenant to the Permitted Use, and any such Generator is to be installed by Tenant, at Tenant’s sole cost and expense,
and in accordance with all terms and conditions contained herein, and in compliance with all Laws.

 

10.1.2.     Installation
and Maintenance of Any Such Generator. Tenant shall install any such Generator, at Tenant’s sole cost and expense, at such
times and in such manner as Landlord may reasonably designate and in accordance with all of the provisions of this Lease, and otherwise
in accordance with all Laws. Prior to any such installation or modification of any such Generator, Tenant shall receive Landlord’s
prior written consent, which consent shall not be unreasonably withheld, conditioned or delayed. Tenant shall not install or operate
any such Generator until it receives Landlord’s prior written approval of the plans for such work, which approval shall not be
unreasonably withheld, conditioned, or delayed. Prior to Tenant commencing the installation of any such Generator, Tenant shall provide
Landlord with copies of all required permits, licenses and authorizations that Tenant will obtain at its own expense and that Tenant
will maintain at all times during the operation of any such Generator. Landlord may withhold approval if the installation or operation
of any such Generator reasonably would be expected to damage the structural integrity of the 18 Crosby Building, 14 Crosby Building and/or
the Property. Tenant shall maintain any such Generator in compliance with all applicable Laws, including any municipal noise ordinance.
Tenant shall cooperate with Landlord as reasonably required to accommodate any building or grounds work during the Term. Tenant’s
right to perform any such work in connection with any such Generator shall be limited to normal building hours by prior appointment with
the property manager, except in the case of emergencies threatening life or personal property. Tenant, at its sole cost and expense,
shall cause a qualified contractor to inspect the Generator Area(s) as frequently as consistent with applicable laws and best practices
observed by other users of equipment of similar size, function, and manner of installation as any such Generator, but in no event less
frequently than once per calendar month; shall correct any loose bolts, fittings or other appurtenances related to any such Generator
and shall repair any damage to the areas surrounding the Generator Area(s) caused by the installation or operation of any such Generator
or its appurtenances. Tenant shall pay Landlord following a written request therefor, with the next payment of rent, (i) all applicable
taxes or governmental charges, fees, or impositions imposed on Landlord because of Tenant’s use of the Generator Area(s) and
(ii) the amount of any increase in Landlord’s insurance premiums as a result of the installation of any such Generator. Any
such Generator shall be fenced in or otherwise protected in accordance with best practices observed by other users of similarly-sized
equipment with similar functions.

 

10.1.3.     Indemnification.
Tenant agrees that the installation and operation of any such Generator shall be at its sole risk. Except to the extent due to the gross
negligence or willful misconduct of Landlord, Tenant shall indemnify and defend Landlord and other Landlord indemnities against any liability,
claim or cost, including reasonable attorneys’ fees, incurred in connection with the loss of life, personal injury, damage to property
or business or any other loss or injury arising out of the installation, use, or operation of any such Generator by Tenant or its employees,
agents, or contractors, including any liability arising out of Tenant’s violation of this Section. Except to the extent due to
the gross negligence or willful misconduct of Landlord, Landlord assumes no responsibility for interference in the operation of any such
Generator caused by other tenants’ equipment, or for interference in the operation of other tenants’ equipment caused by
any such Generator, and Tenant hereby waives any claims against Landlord arising from such interference. The provisions of this paragraph
shall survive the expiration or earlier termination of this Lease.

 

10.1.4.     Relocation
of Any Such Generator. Based on Landlord’s good faith determination that such relocation is reasonably necessary, Landlord reserves
the right to relocate any such Generator to comparably functional space by giving Tenant prior notice of such intention to relocate. If
within thirty (30) days after receipt of such notice Tenant has not agreed with Landlord on the space to which any such Generator is to
be relocated, the timing of such relocation, and the terms of such relocation, then Landlord shall have the right to make all such determinations
in its reasonable judgment. In the event that any such relocation is required and Tenant has exercised the ROFO as set forth in Section 8.17
herein, then Tenant shall be solely responsible, at Tenant’s sole cost and expense, for the cost of moving any such Generator to
such other space, taking such other steps necessary to ensure comparable functionality of the applicable Generator, and finishing such
space to a condition comparable to the location of any such Generator immediately preceding such relocation; provided, however, that in
the event that any such relocation is required and Tenant has not exercised the ROFO as set forth in Section 8.17 herein, then Landlord
and Tenant shall share equally for the cost of moving any such Generator to such other space, taking such other steps necessary to ensure
comparable functionality of the applicable Generator, and finishing such space to a condition comparable to the location of any such Generator
immediately preceding such relocation.

 

    57

     

    

 

10.1.5.     Ownership
of Any Such Generator. During the Term of the Lease, any such Generator shall be treated as Tenant’s personal property for
all purposes. Upon the expiration or earlier termination of the Lease, Tenant shall remove, at Tenant’s sole cost and expense,
any such Generator, subject to the terms and conditions contained in this Section 10.1.4. Notwithstanding the foregoing, Landlord
shall have the option, by giving Tenant prior written notice no less than sixty (60) days prior to the expiration or earlier termination
of the Lease, to purchase any such Generator from Tenant, the purchase price of which shall be equal to the Generator’s then-current
fair market value, depreciated on a straight line basis.

 

10.1.6.     Environmental
Testing. Provided that Landlord has a reasonable basis to conduct any such environmental testing, Landlord may require environmental
testing by a consultant and with a scope of work reasonably acceptable to Landlord to determine if there has been a release of oil or
hazardous substances with respect to the use by Tenant of any such Generator. If the environmental report determines that an environmental
condition exists in the vicinity of the Generator Area(s) involving oil or hazardous substances due to Tenant’s use of any
such Generator, then Tenant shall further investigate and remediate the affected area and be responsible for complying with all applicable
environmental laws in connection therewith. If Landlord reasonably determines that additional environmental testing is necessary to verify
that the environmental condition has been fully remediated, then Tenant shall reimburse Landlord for the reasonable cost associated therewith.
The provisions of this paragraph shall survive the expiration or earlier termination of the Lease.

 

ARTICLE XI.

 

OFFICE PARK ROFO’S

 

11.1.        Subject
to the terms and conditions set forth below and subject to (i) the rights of existing tenants in the applicable space to extend
the term of their lease and/or (ii) the prior rights, if any, of other tenants or occupants in the Building, Office Park and/or
other buildings owned by Landlord with respect to the applicable space, Tenant shall have a one-time "Office Park Right of First
Offer" to lease the following spaces (each an “Office Park ROFO Space”), but excluding any such Office Park ROFO
Space that is vacant as of the date hereof and for a period of one (1) year thereafter: (i) the approximately 19,771 rentable
square feet of space located on the first (1st) floor of the 14 Crosby Building; (ii) that certain premises currently
occupied by Life Care Centers of America, Inc. located in the 14 Crosby Building; (iii) the approximately 4,000 rentable square
feet of space occupied as a cross fit located in the 14 Crosby Building; (iv) that certain premises currently occupied by Altair
Engineering Inc. located in the building located at 4 Crosby Drive, Bedford, Massachusetts; (v) that certain premises currently
occupied by Ultragenyx Pharmaceutical Inc. located in the building located at 16 Crosby Drive, Bedford, Massachusetts; and (vi) that
certain premises currently occupied by Multiplan, Inc. located in the building located at 16 Crosby Drive, Bedford, Massachusetts.

 

11.2.        If
there shall be less than three (3) years remaining in the then current Term, then Tenant's Office Park Right of First Offer for any
such Office Park ROFO Space shall be contingent upon Tenant effectively exercising its option, if any, to extend the Term pursuant to
Section 8.15 above at the same time as it exercises such Office Park Right of First Offer, and the term of the Office Park ROFO Space
shall be for the same Term as extended.

 

    58

     

    

 

11.3.        Landlord
will notify Tenant of its plans to market any such Office Park ROFO Space for lease to any unrelated third party. Landlord's notice shall
specify the applicable Office park ROFO Space that it plans to market, Landlord's estimate of the fair market rent for such Office Park
ROFO Space, the date of availability of such Office Park ROFO Space and all other material terms and conditions which will apply to such
Office Park ROFO Space. Tenant will notify Landlord within ten (10) days of Landlord's notice if Tenant wishes to lease such Office
Park ROFO Space from Landlord on the terms and conditions so specified. If Tenant notifies Landlord that it wishes to lease the Office
Park ROFO Space, Landlord and Tenant shall execute an amendment to this Lease incorporating the Office Park ROFO Space into the entire
Premises upon the terms contained in Landlord's notice within ten (10) days thereafter. If Tenant fails to notify Landlord within
said ten (10) day period that Tenant intends to lease such Office Park ROFO Space, or fails to simultaneously exercise its option
to extend, if necessary, or fails to execute a lease agreement for such Office park ROFO Space within ten (10) days of Tenant's
notice of intent to Landlord, Tenant shall be deemed to have waived its rights with respect to the Office Park ROFO Space and Landlord
shall be entitled to lease, at its sole discretion and without any further notice to Tenant, all or any portion of such Office Park ROFO
Space to any third party or parties on such terms and conditions, including, without limitation, options to extend the term of such lease
and/or expand the premises under such lease, and for such rent as Landlord determines, all in its sole discretion, and the Office Park
Right of First Offer with respect to any such space shall be of no further force or effect.

 

11.4.        Notwithstanding
any contrary provision of this Article XI or any other provision of this Lease, any Office Park Right of First Offer and any exercise
by Tenant of any Office Park Right of First Offer shall be void and of no effect unless on the date Tenant notifies Landlord that it is
exercising any such Office Park Right of First Offer and on the commencement date of the amendment for such Office Park ROFO Space (i) this
Lease is in full force and effect and (ii) no Event of Default has occurred under this Lease and (iii) except with respect to
(a) a Permitted Transfer or (b) a sublease (which does not fall under the definition of Permitted Transfer) of 5,000 rentable
square feet or less of the entire Premises, Tenant shall not have assigned this Lease, and there shall not be any sublease or subleases
in effect as of the commencement of the term of the Lease for any such Office Park ROFO Space as of the date of Landlord's notice of any
such Office Park ROFO Space availability.

 

[REMAINDER OF PAGE INTENTIONALLY LEFT BLANK]

 

[SIGNATURE PAGE FOLLOWS]

 

    59

     

    

 

IN WITNESS WHEREOF, landlord and tenant have caused
this Lease to be executed as of the date set forth above.

 

LANDLORD:

 

XCHANGE OWNER LLC

 

	By:	JC/SMP XCHANGE OWNER LLC 

its Managing Member

 

	By:	BABAR, LLC

 its Manager

 

	By:	 	 
	Name:	Jay O. Hirsh	 
	Title:	Authorized Signatory	 

 

TENANT:

 

QUANTERIX CORPORATION

 

	By:	 	 
	Name:	 	 
	Title:

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00339-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00339-of-00352.parquet"}]]