Document:

EX-10.8

 Exhibit 10.8 

PELOTON INTERACTIVE, INC. 

SEVERANCE AND CHANGE IN CONTROL PLAN 

SECTION 1 
 PURPOSE

 The Board of Peloton Interactive, Inc., a Delaware corporation (together with its subsidiaries, the
“Company”), considers it in the best interests of the stockholders of the Company to reinforce the continued attention and dedication of certain key employees of the Company to their duties of employment without personal
distraction or conflict of interest, including as a result of the possibility or occurrence of a change in control of the Company. Accordingly, the Company will provide designated individuals with rights to receive severance payments and other
benefits upon a Covered Termination pursuant to this Severance and Change in Control Plan (this “Plan”), as set forth below. 

SECTION 2 
 ELIGIBILITY

 2.1.    Eligibility for Participation. The Board may select from among Eligible Employees to participate
in the Plan. Each such individual will become a Participant upon his or her execution and delivery to the Company of an acknowledgement of participation in the form attached hereto, as Exhibit A (as such form may be amended
or modified by the Board, a “Participation Agreement”). 
 2.2.    Termination of
Participation. An individual shall cease to be a Participant on the date that such individual terminates service with the Company or otherwise ceases to qualify as an Eligible Employee for any reason, in each case other than in connection with a
Covered Termination. 
 SECTION 3 

SEVERANCE PAYMENTS AND BENEFITS 

3.1.    Covered Termination outside the Change in Control Period. If any Participant experiences a Covered
Termination other than during a Change in Control Period, the Participant shall be entitled to receive his or her Accrued Benefits and, subject to the requirements of Section 3.3, the following payments and benefits: 

(a)    Cash Severance. An amount equal to the sum of (i) the product of (A) the Participant’s
Severance Multiplier multiplied by (B) the Participant’s Base Salary, (ii) any annual bonus that has been earned for the Company’s prior fiscal year, but not yet paid, and (iii) the product of (A) the
Participant’s target annual cash bonus (assuming achievement of performance goals at 100% of target) for the fiscal year in which the Covered Termination occurs multiplied by (B) a fraction, the numerator of which is the number of
days in the calendar year of the Covered Termination during which the Participant was employed by the Company and the denominator of which is 365. The foregoing amounts shall be payable in a cash-lump sum, provided that the amounts set forth in
clause (i) shall be payable in 12 monthly installments, in each case, less applicable withholding, to be paid or commence payment as soon as administratively practicable following the date the Release (defined below) is not subject to
revocation, and in any event, within 60 days following the date of the Covered Termination 
 (b)    Continued
Healthcare Coverage. If the Participant elects to receive continued healthcare coverage pursuant to the provisions of COBRA, the Company shall continue the Participant’s coverage and directly pay, or reimburse the Participant for, the
premium for the Participant and the Participant’s covered dependents through the earlier of (i) the number of months following the Participant’s Covered Termination equal to the Participant’s COBRA Severance Period and
(ii) the date that the Participant and the Participant’s covered dependents become eligible for coverage under another employer’s plans (the “Continuation Period”); provided, that as soon as
administratively practicable following the date the Release becomes effective, the Company shall pay to the Participant a cash lump-sum payment equal to the monthly premiums that would have been paid on behalf
of the Participant had such payments commenced on the date of the Covered Termination. Notwithstanding the foregoing, the Company may elect at any time during the Continuation Period that, in lieu of paying or reimbursing the premiums, the Company
shall instead provide the Participant with a monthly cash payment equal to the amount the Company would have otherwise paid pursuant to this Section 3.1(b), less applicable tax withholdings. 

  
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 (c)    Equity Awards. Each outstanding and unvested Equity
Award held by the Participant shall automatically become vested, and if applicable, exercisable and any forfeiture restrictions or rights of repurchase thereon shall lapse (i) with respect to the number of shares as would have been vested if
the Participant had completed an additional twelve months of service for Tier 1 Participants and (ii) with respect to such number of shares as would have become vested if the Participant had completed an additional six months of service
for Tier 2 Participants (with a minimum of six months of vesting if the Tier 2 Participant would otherwise receive no vesting as a result of a vesting cliff); provided that in each case any performance-based vesting criteria shall
be treated in accordance with the applicable award agreement or other applicable equity incentive plan governing the terms of such equity award. Each stock option held by the Participant shall remain exercisable until the earlier of the original
expiration date for such stock option as set forth in the applicable award agreement or the 12-month anniversary of the Participant’s Covered Termination, and shall otherwise remain subject to the terms
and conditions of the applicable award agreement. 
 3.2.    Covered Termination within the Change in Control
Period. If any Participant experiences a Covered Termination during a Change in Control Period, then in lieu of the payments provided in Section 3.1 hereof, the Participant shall be entitled to receive his or her
Accrued Benefits and, subject to the requirements of Section 3.3, the following payments and benefits: 

(a)    Cash Severance. An amount equal to the sum of (i) the product of (A) the Participant’s CIC
Severance Multiplier multiplied by (B) the Participant’s Base Salary, (ii) any annual bonus that has been earned for the Company’s prior fiscal year, but not yet paid, and (iii) the Participant’s target annual
cash bonus (assuming achievement of performance goals at 100% of target) for the fiscal year in which the Covered Termination occurs; provided that in clauses (i) and (iii), such amounts shall be calculated at the rate equal to the higher of
(x) the rate in effect immediately prior to the Participant’s Covered Termination and (y) the rate in effect immediately prior to the Change in Control. The foregoing amounts shall be payable in a cash
lump-sum, less applicable withholdings, as soon as administratively practicable following the date the Release becomes effective and in any event, within 60 days following the date of the Covered
Termination. 
 (b)    Continued Healthcare Coverage. If the Participant elects to receive continued healthcare
coverage pursuant to the provisions of COBRA, the Company shall continue a Participant’s benefit plan coverage and directly pay, or reimburse the Participant for, the premium for the Participant and the Participant’s covered dependents
through the earlier of (i) the number of months following the Participant’s Covered Termination, equal to the Participant’s CIC COBRA Period and (ii) the date that the Participant and the Participant’s covered dependents
become eligible for coverage under another employer’s plans (the “CIC Continuation Period”); provided that as soon as administratively practicable following the date the Release becomes effective, the Company
shall pay to the Participant a cash lump-sum payment equal to the monthly premiums that would have been paid on behalf of the Participant had such payments commenced on the date of the Covered Termination.
Notwithstanding the foregoing, the Company may elect at any time during the CIC Continuation Period that, in lieu of paying or reimbursing the premiums, the Company shall instead provide the Participant with a monthly cash payment equal to the
amount the Company would have otherwise paid pursuant to this Section 3.1(b), less applicable tax withholdings. 

  
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 (c)    Equity Awards. Each outstanding and unvested Equity Award
held by the Participant shall automatically become vested, and if applicable, exercisable and any forfeiture restrictions or rights of repurchase thereon shall lapse, in each case with respect to (i) 100% of the shares underlying his or her
outstanding Equity Awards as of the date of the Covered Termination for Tier 1 Participant and (ii) 50% of the shares underlying his or her outstanding Equity Awards as of the date of the Covered Termination for Tier 2 Participants;
provided that any, in either case, performance-based vesting criteria shall be treated in accordance with the applicable award agreement or other applicable equity incentive plan governing the terms of such equity award. Each stock option
held by the Participant shall remain exercisable until the earlier of the original expiration date for such stock option as set forth in the applicable award agreement or the 12-month anniversary of the
Participant’s Covered Termination, and shall otherwise remain subject to the terms and conditions of the applicable award agreement. Any award that is not assumed or substituted for following a Change in Control shall accelerate in full. 

3.3.    Release. No Participant will be eligible for the severance payment and benefits described in
Section 3.1 or Section 3.2, as applicable, unless the Participant has executed a general release of all claims that the Participant may have against the Company (or its successor) or entities or
persons affiliated with the Company (or its successor), in the form prescribed and to be provided to the Participant by the Company (or its successor) (the “Release”), and such Release becomes effective on or before the 60th day following date of the Covered Termination. If the Participant fails to return the Release on or before such deadline, or if the Participant revokes the Release, then the Participant will not be
entitled to any severance payments or benefits described in Section 3.1 or Section 3.2, as applicable. 

3.4.    Section 280G; Limitation on Payments. Notwithstanding anything in this Plan to the contrary, if any payment
or distribution to a Participant pursuant to this Plan or otherwise (“Payment”) would (i) constitute a “parachute payment” within the meaning of Section 280G of the Code and (ii) but for this
sentence, be subject to the excise tax imposed by Section 4999 of the Code (the “Excise Tax”), then such Payment shall either be (A) delivered in full or (B) delivered as to such lesser extent as would result
in no portion of such Payment being subject to the Excise Tax, whichever of the foregoing amounts, after taking into account the applicable federal, state and local income taxes and the Excise Tax, results in the receipt by the Participant on an after-tax basis of the largest payment, notwithstanding that all or some portion of the Payment may be taxable under Section 4999 of the Code. The accounting firm engaged by the Company for general audit
purposes as of the date prior to the effective date of the Change in Control, or such other person or entity as determined in good faith by the Company, shall perform the foregoing calculations and the Company shall bear all expenses with respect to
the determinations by such accounting firm required to be made hereunder. Any good faith determinations of the accounting firm made pursuant to this Section 3.4 shall be final, binding and conclusive upon all parties. Any
reduction in payments and/or benefits pursuant to the foregoing shall be made in accordance with Section 409A of the Code in the following order (1) Payments that do not constitute “nonqualified compensation” subject to
Section 409A of the Code shall be reduced first; and (2) all other Payments shall then be reduced as follows: (a) reduction of cash payments; (b) cancellation of accelerated vesting of equity awards other than stock options, if
any; (c) cancellation of accelerated vesting of stock options, and (d) reduction of other benefits payable to the Participant. 

SECTION 4 

ADMINISTRATION 

4.1    Administration; Duties and Powers of the Committee. The Compensation Committee of the Board of Directors
(the “Committee”) shall have the duties, power and authority to conduct the general administration of the Plan in accordance with its provisions and shall have the power to: 

  
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 (a)    determine which Eligible Employee shall be selected as
Participants; 
 (b)    make any determinations concerning the Plan, including whether any individual is an Eligible
Employee and whether a Covered Termination or other termination of service has occurred; 
 (c)    construe and
interpret this Plan, any Participation Agreement and any other agreement or document executed pursuant to this Plan; 

(d)    subject to any limitations under the Plan or applicable laws, prescribe, amend and rescind rules and regulations as
it shall deem necessary for the efficient administration of the Plan; and 
 (e)    make all other decisions and
determinations (including factual determinations) as the Board may deem necessary or advisable in carrying out its duties and responsibilities or exercising its powers. 

4.2    Delegation of Authority. The Committee may from time to time delegate to a committee of one or more members
of the Committee the authority to take any actions pursuant to Section 4.1. Any delegation hereunder shall be subject to the restrictions and limits that the Committee specifies and the time of such delegation, and the
Committee may, at any time rescind the authority so delegated or appoint a new delegate. In its sole discretion, the Board of Directors of the Company may, at any time and from time to time, exercise any and all rights and duties of the Committee
under the Plan except with respect to matters which under applicable securities laws and exchange listing rules are required to be determined in the sole discretion of the Committee. Any references in this Plan to the Committee shall be construed as
a reference to the committee to which the Committee has delegated such authority, if any. 
 4.3    Decisions
Binding. Any determination made by the Committee with respect to this Plan or any Participation Agreement shall be final, binding and conclusive on all parties. 

SECTION 5 
 TERM;
AMENDMENT; TERMINATION 
 The initial term of this Plan shall be for a period commencing on the Effective Date and ending on the fourth
anniversary of the Effective Date, and shall thereafter automatically renew for successive four-year periods, unless earlier terminated in accordance with this section. The Plan may otherwise be amended, modified, suspended or earlier terminated by
the Committee, in its sole discretion. Notwithstanding anything herein to the contrary, in no event shall any amendment, modification, suspension or termination adversely affect the rights of any Participant who is then receiving or entitled to
receive payments or benefits under the Plan, without the prior written consent of such Participant. 
 SECTION 6 

COVENANTS 

6.1.    Non-Competition. As a condition of participation in this Plan, each
Participant shall have agreed, in addition to any non-competition obligation in existence in any other agreement with the Company (including any offer letter, employment agreement or proprietary information or
confidentiality agreement), that during the period of the Participant’s service and for a period of 12-months following the Participant’s termination of service with the Company for any reason, to
the extent permitted by applicable law, the Participant shall not in any capacity, whether directly or indirectly, engage in, become financially interested in, be employed by or have any business connection with any other person, corporation, firm,
partnership or other entity that competes with the Company. 

  
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 6.2.    Non-Solicitation.
As a condition of participation in this Plan, each Participant shall have agreed, in addition to any non-solicitation obligation in existence in any other agreement with the Company (including any offer
letter, employment agreement or proprietary information or confidentiality agreement), that during the 12-month period following the Participant’s termination of service with the Company for any reason,
the Participant shall not in any capacity, whether directly or indirectly, solicit or attempt to solicit away from the Company any of its officers or employees; provided, however, that a general advertisement to which an employee of the Company
responds shall in no event be deemed to result in a breach of this Section 6.2. 

6.3.    Cooperation and Non-Disparagement. For the period commencing on the
effective date of his or her Covered Termination and ending on the six-month anniversary of such date, each Participant shall cooperate with the Company and use his or her best efforts to assist the Company
with the transition of his or duties to a successor. The Participant shall further agree to not to disparage, criticize or defame the Company, its affiliates and their respective affiliates, directors, officers, agents, partners, stockholders or
employees at any time during or following his or her termination of service. Nothing in this Section 6.3 shall have application to any evidence or testimony required by any court, arbitrator or government agency. 

SECTION 7 
 SUCCESSORS;
ASSIGNMENT 
 7.1    Successors. The Company shall require any successor (whether pursuant to a Change in
Control, direct or indirect, and whether by purchase, merger, consolidation, liquidation or otherwise) to all or substantially all of the business and/or assets of the Company to expressly assume and agree to perform the obligations under this Plan
in the same manner and to the same extent as the Company would be required to perform in the absence of such a succession of the Company. 

7.2    Assignment by Participants. This Plan and the rights of each Participant hereunder shall inure to the
benefit of, and be enforceable by, each Participant and the Company, and their respective successors, assigns, heirs, executors and administrators; provided, however, that a Participant may not assign any of his or her duties hereunder
and may not assign any of his or her rights hereunder without the express written consent of the Company. If a Participant should die while any amount would still be payable to the Participant hereunder had the Participant continued to live, all
such amounts, unless otherwise provided herein, shall be paid in accordance with the terms of Plan to the Participant’s estate. 

SECTION 8 
 MISCELLANEOUS
PROVISIONS 
 8.1    Section 409A. 

(a)    Separation from Service; Installments. For purposes of this Plan, no payment will be made to any Participant
upon termination of the Participant’s employment unless such termination constitutes a “separation from service” within the meaning of Section 409A of the Code. It is intended that the right of any Participant to receive
installment payments pursuant to this Plan shall be treated as a right to receive a series of separate and distinct payments for purposes of Section 409A of the Code. It is further intended that all payments and benefits hereunder satisfy, to
the greatest extent possible, the exemption from the application of Section 409A of the Code (and any state law of similar effect) provided under Treasury Regulation Section 1.409A-1(b)(4) (as a
“short-term deferral”) and are otherwise exempt from or comply with Section 409A of the Code. Accordingly, to the maximum extent permitted, this Plan shall be interpreted in accordance with that intent. To the extent necessary to
comply with Section 409A of the Code, if the designated payment period for any payment under this Plan begins in one taxable year and ends in the next taxable year, the payment will commence or otherwise be made in the later taxable year. 

  
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 (b)    Specified Employee. For purposes of Section 409A of
the Code, if the Company determines that a Participant is a “specified employee” under Section 409A(a)(2)(B)(i) of the Code at the time of his or her separation from service, then to the extent delayed commencement of any portion of
the payments or benefits to which the Participant is entitled pursuant to this Plan is required in order to avoid a prohibited distribution under Section 409A(a)(2)(B)(i) of the Code, such portion shall not be provided to the Participant until
the earlier (i) the expiration of the six-month period measured from the Participant’s separation from service or (ii) the date of the Participant’s death. As soon as administratively
practicable following the expiration of the applicable Section 409A(2)(B)(i) period, all payments deferred pursuant to the preceding sentence shall paid in a lump-sum to the Participant and any remaining
payments due pursuant to the Plan shall be paid as otherwise provided herein. 
 8.2    Withholding Taxes. All
payments made under this Plan shall be subject to reduction to reflect such federal, state, local foreign or other taxes or charges as are required to be withheld pursuant to any applicable law or regulation. 

8.3    Source of Payments. All payments provided under this Plan shall be paid in cash from the general funds of
the Company, and no special or separate fund or other segregation of assets shall be required to be made to assure payment. To the extent that any person acquires a right to receive payments from the Company under this Plan, such right shall be no
greater than the right of an unsecured creditor of the Company. 
 8.4    Dispute Resolution. To ensure efficient
and economical resolution of any and all disputes that might arise in connection with this Plan, all such disputes shall be settled by arbitration conducted before one arbitrator sitting in the State of New York, or such other location agreed by the
parties hereto, in accordance with the rules for expedited resolution of employment disputes of the American Arbitration Association then in effect. The arbitrator shall issue a written decision that contains the essential findings and conclusions
on which the decision is based and such determination shall be final and binding on the parties. The Company shall pay the arbitrator’s fees and arbitration expenses and any other costs associated with the arbitration or arbitration hearing
that are unique to arbitration; provided that the Participant may voluntarily pay up to one-half of the costs and fees, or if the Company is successful in any legal or equitable action against the
Participant, the Company shall be entitled to seek reimbursement from the Participant of up to one-half of the arbitration fees. 

8.5    Notice. Notices and all other communications contemplated by this Plan shall be in writing and shall be
deemed to have been duly given when personally delivered or when mailed by United States Post Office, by registered or certified mail, postage prepaid, addressed to the other party. In the case of the Company, mailed notices shall be addressed to
its corporate headquarters and directed to the attention of Chief Executive Officer. In the case of any Participant, mailed notices shall be addressed to the Participant at the Participant’s home address that the Company has on file for the
Participant. 
 8.6    Severability. The invalidity or unenforceability of any provision or provisions of this
Plan shall not affect the validity or enforceability of any other provision hereof, which shall remain in full force and effect. 

8.7    At-Will Employment. Nothing in this Plan or any Participation
Agreement shall confer upon any Participant any right to employment or continuation of employment. The Company and each Participant shall each have reserved the right terminate employment of the Participant at any time and for any reason, with or
without cause or prior notice. 
 8.8    Choice of Law. The validity, interpretation, construction and
performance of this Plan shall be governed by the laws of the State of New York (without regard to choice-of-law provisions). 

  
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 8.9    Waiver. No waiver by the Board or any Participant at any
time of any breach by the other party of, or compliance with, any condition or provision of this Plan to be performed by such other party shall be deemed a waiver of any other provision at that time, or of the same or any other provision at any
prior or subsequent time. 
 SECTION 9 

DEFINITIONS 
 Capitalized terms not
otherwise defined in the Plan shall have the meanings set forth below: 
 9.1    “Accrued
Benefits” means the Participant’s accrued but unpaid base salary or wages, accrued vacation pay, unreimbursed business expenses for which proper documentation is provided, and other vested amounts and benefits earned by (but not
yet paid to) or owed to the Participant under any applicable employee benefit plan of the Company through and including the date of the Covered Termination. 

9.2    “Base Salary” means the Participant’s annual base salary in effect on the date of the
Participant’s Covered Termination. 
 9.3     “Cause” means the Participant (i) has
been convicted of, or has pleaded guilty or nolo contendere to, any felony or crime involving moral turpitude, (ii) has engaged in a willful act of misconduct, or committed any act of fraud, theft, embezzlement, misappropriation of
funds, breach of fiduciary duty or other willful act of material dishonesty against the Company, (iii) other than in the case of a termination of employment during the Change in Control Period, has materially failed or refused to satisfactorily
perform the material duties lawfully and reasonably assigned to the Participant or has performed such material duties with gross negligence; (iv) has breached any material term or condition of his or her employment agreement, or Employment,
Confidential Information and Intellectual Property Assignment Agreement with the Company or any other material agreement with the Company or (v) acted in willful violation or disregard of any written Company policy or practice, including a code
of conduct, which results in material loss, damage or injury to the Company; in each case provided that any of the foregoing may be cured, if curable, within 30 days’ notice from the Company. 

9.4    “COBRA” means the Consolidated Omnibus Budget Reconciliation Act of 1985, as amended. 

9.5    “Code” means the Internal Revenue Code of 1986, as amended. 

9.6    “Change in Control” means the occurrence of any of the following events: (i) any
“person” (as such term is used in Sections 13(d) and 14(d) of the Exchange Act) becomes the “beneficial owner” (as defined in Rule 13d-3 of the Exchange Act), directly or indirectly, of
securities of the Company representing more than 50% of the total voting power represented by the Company’s then outstanding voting securities; or (ii) the consummation of the sale or disposition by the Company of all or substantially
all of the Company’s assets; or (iii) the consummation of a merger or consolidation of the Company with any other corporation, other than a merger or consolidation which would result in the voting securities of the Company outstanding
immediately prior thereto continuing to represent (either by remaining outstanding or by being converted into voting securities of the surviving entity or its parent) more than 50% of the total voting power represented by the voting securities
of the Company or such surviving entity or its parent outstanding immediately after such merger or consolidation; provided that the event also qualifies as a change in control under U.S. Treasury Regulation
1.409A-3(i)(5)(v) or 1.409A-3(i)(5)(vii). 

9.7    “Change in Control Period” means the period commencing on the effective date of a Change in
Control and ending 12 months following a Change in Control. 

  
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 9.8    “CIC Severance Multiplier” means 1.5
times Participant’s Base Salary for Tier 1 Participants and 1 times the Participant’s Base Salary for Tier 2 Participants. 

9.9    “CIC COBRA Severance Period” means 18 months for Tier 1 Participants and 12 months for
Tier 2 Participants. 
 9.10    “COBRA Severance Period” means 12 months for Tier 1
Participants and Tier 2 Participants. 
 9.11    “Covered Termination” means (a) the
termination of a Participant’s employment by the Company or any subsidiary, as applicable, without Cause, or (b) the Participant’s termination of his or her employment with the Company or any subsidiary, as applicable, for Good
Reason. A Covered Termination shall not include a termination of any Participant’s employment by reason of the Participant’s death or disability, the termination of a Participant’s employment for Cause or the Participant’s
termination of his or her employment without Good Reason. 
 9.12    “Eligible Employee” means
an individual who is employed by the Company or any of its subsidiaries, unless such individual is party to an individual agreement with the Company that provides for severance upon a qualifying termination of employment. 

9.13    “Effective Date” means the date on which is Plan is adopted and approved by the Committee
or otherwise specified by the Committee. 
 9.14    “Equity Award” means all options to purchase
shares of Company common stock as well as any and all other stock-based awards granted to the Participant, including but not limited to restricted stock, restricted stock units and stock appreciation rights. 

9.15    “Good Reason” means a cessation of the Participant’s employment as a result of the
Participant’s resignation within 12 months after the occurrence of one or more of the following without the Participant’s consent: (i) a reduction of more than 10% in Participant’s base salary as an employee of the Company,
except to the extent that the Company implements an equal percentage reduction applicable to all executive officers and management personnel; (ii) a material reduction in the Participant’s duties, responsibilities or authority at the
Company; provided that this clause (iii) shall only apply in the case of a termination during a Change in Control Period; (iv) a change in the geographic location at which the Participant must perform services which results in an increase
in the one-way commute of the Participant by more than 50 miles; or (v) a successor of the Company does not assume this Plan. A resignation for Good Reason will not be deemed to have occurred unless the
Participant gives the Company written notice of the condition within 90 days after the condition comes into existence and the Company fails to remedy the condition within 30 days after receiving the Participant’s written notice; 

9.16    “Participant” means each individual who has become a Participant and remains a participant
pursuant to Section 2 hereof. 
 9.17    “Severance Multiplier” means
1 times the Participant’s Base Salary for Tier 1 Participants and Tier 2 Participants. 

9.18    “Tier 1 Participant” means a Participant determined by the Committee. 

9.19    “Tier 2 Participant” means a Participant determined by the Committee. 

* * * * * 

  
 8 

 EXHIBIT A 

PARTICIPATION AGREEMENT 

PELOTON INTERACTIVE, INC. 

SEVERANCE AND CHANGE IN CONTROL PLAN 

Peloton Interactive, Inc., a Delaware corporation (the “Company”), pursuant to its Change in Control Severance Plan,
as may be amended from time to time (the “Plan”), hereby designates _______________ as a Participant in the Plan at the level indicated below: 
  

	 	☐	 Tier 1 Participant 

 

	 	☐	 Tier 2 Participant 

By his or her signature below, the Participant hereby acknowledges and agrees that: 

 

	 	(i)	 The Participant has received and reviewed a copy of the Plan; 

 

	 	(ii)	 Any payment or benefit under the Plan shall be subject to the terms and conditions of this Participation
Agreement and the Plan; 

  

	 	(iii)	 The Participant accepts as binding, conclusive and final all decisions or interpretations of the Board (as
defined in the Plan) arising under the Plan; 

  

	 	(iv)	 This Participation Agreement, together with the Plan, shall constitute the entire agreement between the Company
and the Participant with regard to cash payments, benefits or equity acceleration and extended exercisability. All understandings and agreements preceding the date of execution of this Participation Agreement as they apply to any subject matter
other than cash payments, benefits and equity acceleration or exercisability upon a severance or Change in Control shall not be superseded and shall remain fully in effect. All prior understandings and agreements with respect to cash payments,
benefits and equity acceleration and exercisability upon a severance or Change in Control shall become null and void except to the extent the Participant and the Company mutually agree otherwise in a written agreement within 30 days of the date
below. 

  

									
	PELOTON INTERACTIVE, INC.	 		 	PARTICIPANT

									
					
	By:	 	 	 		 	By:	 	 
			
	Print Name:	 		 	Print Name:
	Title:	 		 	Address:
		 		 	Date:EX-10.9

 Exhibit 10.9 

EXECUTION COPY 
 AGREEMENT OF LEASE

 between 
 MAPLE WEST 25TH
OWNER, LLC, 
 Landlord 
 and

 PELOTON INTERACTIVE, INC., 

Tenant 
 Dated as of
November 11, 2015 
 The Entire Tenth Floor, Entire Eleventh Floor and Entire Penthouse 

125 West 25th Street 
 New York, New
York 10001 
 (aka 119-125 West 25th Street) 

********************************************************************** 

MAPLE WEST 25TH OWNER, LLC 
 c/o
Normandy Real Estate Partners 
 53 Maple Avenue 

Morristown, New Jersey 07960 

 TABLE OF CONTENTS 

 

							
	 	 	 	  	Page	 
	 ARTICLE 1
	 	GLOSSARY	  	 	2	 
	 ARTICLE 2
	 	DEMISE, PREMISES, TERM, RENT	  	 	12	 
	 ARTICLE 3
	 	ESCALATION	  	 	14	 
	 ARTICLE 4
	 	ELECTRICITY	  	 	18	 
	 ARTICLE 5
	 	USE AND OCCUPANCY	  	 	21	 
	 ARTICLE 6
	 	ALTERATIONS	  	 	22	 
	 ARTICLE 7
	 	REPAIRS; FLOOR LOAD	  	 	31	 
	 ARTICLE 8
	 	WINDOW CLEANING	  	 	34	 
	 ARTICLE 9
	 	REQUIREMENTS OF LAW	  	 	34	 
	 ARTICLE 10
	 	SUBORDINATION	  	 	36	 
	 ARTICLE 11
	 	RULES AND REGULATIONS	  	 	41	 
	 ARTICLE 12
	 	INSURANCE, PROPERTY LOSS OR DAMAGE; REIMBURSEMENT	  	 	41	 
	 ARTICLE 13
	 	DESTRUCTION BY FIRE OR OTHER CAUSE	  	 	44	 
	 ARTICLE 14
	 	EMINENT DOMAIN	  	 	47	 
	 ARTICLE 15
	 	ASSIGNMENT, SUBLETTING, MORTGAGE, ETC.	  	 	48	 
	 ARTICLE 16
	 	ACCESS TO PREMISES	  	 	57	 
	 ARTICLE 17
	 	CERTIFICATE OF OCCUPANCY	  	 	58	 
	 ARTICLE 18
	 	DEFAULT	  	 	59	 
	 ARTICLE 19
	 	REMEDIES AND DAMAGES	  	 	61	 
	 ARTICLE 20
	 	FEES AND EXPENSES	  	 	63	 
	 ARTICLE 21
	 	NO REPRESENTATIONS BY LANDLORD	  	 	64	 
	 ARTICLE 22
	 	END OF TERM	  	 	65	 
	 ARTICLE 23
	 	POSSESSION	  	 	65	 
	 ARTICLE 24
	 	NO WAIVER	  	 	66	 
	 ARTICLE 25
	 	WAIVER OF TRIAL BY JURY	  	 	67	 
	 ARTICLE 26
	 	INABILITY TO PERFORM	  	 	67	 
	 ARTICLE 27
	 	BILLS AND NOTICES	  	 	68	 
	 ARTICLE 28
	 	SERVICES AND EQUIPMENT	  	 	69	 
	 ARTICLE 29
	 	PARTNERSHIP TENANT	  	 	76	 
	 ARTICLE 30
	 	VAULT SPACE	  	 	76	 
	 ARTICLE 31
	 	SIGNS	  	 	77	 
	 ARTICLE 32
	 	BROKER	  	 	78	 
	 ARTICLE 33
	 	INDEMNITY	  	 	78	 
	 ARTICLE 34
	 	ADJACENT EXCAVATION; SHORING	  	 	79	 
	 ARTICLE 35
	 	SECURITY DEPOSIT	  	 	79	 
	 ARTICLE 36
	 	RENT REGULATION	  	 	82	 
	 ARTICLE 37
	 	COVENANT OF QUIET ENJOYMENT	  	 	82	 
	 ARTICLE 38
	 	LANDLORD’S WORK	  	 	82	 
	 ARTICLE 39
	 	MISCELLANEOUS	  	 	84	 
	 ARTICLE 40
	 	RIGHT OF FIRST OFFER	  	 	89	 
	 ARTICLE 41
	 	TERRACE	  	 	92	 
	 ARTICLE 42
	 	OPTION TO RENEW	  	 	93	 
	 ARTICLE 43
	 	EXPEDITED ARBITRATION	  	 	95	 
	 ARTICLE 44
	 	INITIAL EXPANSION OPTION	  	 	96	 

  
 i 

 TABLE OF CONTENTS 

CONTINUED 
  

 

							
	 	 	 	  	 	  	Page
	 SCHEDULE A
	 	-	  	Floor Plan of the Tenth Floor Premises	  	A-1
	 SCHEDULE B
	 	-	  	Floor Plan of the Eleventh Floor Premises	  	B-1
	 SCHEDULE C
	 	-	  	Floor Plan of the Penthouse Space	  	C-1
	 SCHEDULE D
	 	-	  	Fixed Rent Schedule	  	D-1
	 SCHEDULE E
	 	-	  	Form of Commencement Date Agreement	  	E-1
	 SCHEDULE F
	 	-	  	Building Rules and Regulations for Construction Work	  	F-1
	 SCHEDULE G
	 	-	  	Rules and Regulations	  	G-1
	 SCHEDULE H
	 	-	  	Contractor’s Insurance Requirements	  	H-1
	 SCHEDULE I
	 	-	  	Form of Letter of Credit	  	
	 SCHEDULE J
	 	-	  	Intentionally Omitted	  	
	 SCHEDULE K
	 	-	  	Form of Existing Mortgagee Subordination, Attornment and Non-Disturbance Agreement	  	K-1
	 SCHEDULE L
	 	-	  	Intentionally Omitted	  	L-1
	 SCHEDULE M
	 	-	  	Work Agreement	  	M-1
	 SCHEDULE N
	 	-	  	Depiction of Telecommunications Closets	  	N-1
	 SCHEDULE O-1
	 	-	  	Depiction of the South Terrace	  	O-1
	 SCHEDULE O-2
	 	-	  	Depiction of the North Terrace	  	O-2
	 SCHEDULE P
	 	-	  	Instruments of Record	  	P-1
	 SCHEDULE Q
	 	-	  	Intentionally Omitted	  	Q-1
	 SCHEDULE R
	 	-	  	List of Plans and Specifications for Landlord’s Base Building Work	  	R-1
	 SCHEDULE S
	 	-	  	Existing Rights with Respect to the Ninth Floor of the Building	  	S-1
	 SCHEDULE T
	 		  	Floor Plan of the Ninth Floor Premises	  	T-1

  
 ii 

 AGREEMENT OF LEASE 

THIS AGREEMENT OF LEASE, made as of the 11th day of November, 2015 (this
“Lease”), made by and between MAPLE WEST 25TH OWNER, LLC, a Delaware limited liability company, having its principal place of business at c/o Normandy Real Estate Partners, 53 Maple Avenue, Morristown, New Jersey 07960
(“Landlord”), and PELOTON INTERACTIVE, INC., a Delaware corporation, having an office at 158 West 27th Street, 4th Floor, New
York, New York 10001 (“Tenant”). 
 REFERENCE PAGE 

In addition to other terms elsewhere defined in this Lease, the following terms whenever used in this Lease shall have the meanings set forth
in this Reference Page. 
  

					
			
	(1)	  	Premises:	  	The entire rentable area of the tenth (10th) floor (“the “Tenth Floor Premises”) of the Building, as approximately shown on the floor plan annexed hereto as
Schedule A, which Landlord and Tenant conclusively agree, without representation or warranty on the part of Landlord, contains 11,854 rentable square feet (“RSF”); the entire rentable area of the eleventh (11th) floor of the Building (the “Eleventh Floor Premises”), as approximately shown on the floor plan annexed hereto as Schedule B, which Landlord and Tenant conclusively agree,
without representation or warranty on the part of Landlord, contains 11,672 RSF; and the entire rentable area of the penthouse level (the “Penthouse Space”) of the Building, as approximately shown hatched on the floor plan annexed
hereto as Schedule C, which Landlord and Tenant conclusively agree, without representation or warranty on the part of Landlord, contains 5,368 RSF.
			
	(2)	  	Commencement Date:	  	The earlier to occur of (i) the Substantial Completion Date with respect to the Tenth Floor Premises, the Eleventh Floor Premises and the Penthouse Space and (ii) the first date on which Tenant or any Person claiming under
or through Tenant first occupies the Tenth Floor Premises, the Eleventh Floor Premises or the Penthouse Space for the conduct of its business.
			
	(3)	  	Fixed Expiration Date:	  	The last day of the month in which occurs the date which is ten (10) years and eight (8) months after the Commencement Date.
			
	(4)	  	Term:	  	Approximately ten (10) years and eight (8) months, subject to extension pursuant to the terms of Article 42.

					
			
	(5)	  	Fixed Rent:	  	Fixed Rent with respect to the Tenth Floor Premises, the Eleventh Floor Premises and the Penthouse Space shall be payable at the rates set forth on the Fixed Rent Schedule annexed hereto as Schedule D with respect to such
space.
			
	(6)	  	Tenant’s Tax Share:	  	20.9345%
			
		  		  	For the purposes of determining Tenant’s Tax Share, Landlord and Tenant conclusively agree, without representation or warranty on the part of Landlord, that the Building contains 138,021 RSF.
			
	(7)	  	Base Tax Factor:	  	Subject to Article 3, the Taxes payable for the Tax Year commencing on July 1, 2021 and ending on June 30, 2022.
			
	(8)	  	Permitted Use:	  	General, executive and administrative offices and any lawful ancillary uses incidentally and directly related thereto.
			
	(9)	  	Landlord’s Maximum Contribution:	  	$1,733,640
			
	(10)	  	Broker(s):	  	Newmark Grubb Knight Frank and Jones Lang LaSalle.
			
	(11)	  	Security Deposit:	  	$2,550,467.81
			
	(12)	  	Renewal Term:	  	One term of five (5) years.

 W I T N E S S E T H: 

The parties hereto, for themselves, their legal representatives, successors and assigns, hereby agree as follows: 

ARTICLE 1 
 GLOSSARY 

The following terms shall have the meanings indicated below: 

“AAA” shall have the meaning set forth in Section 3.5(B). 

“ACM” shall have the meaning set forth in Section 9.8. 

“ADA” shall have the meaning set forth in Section 9.1. 

“Additional Rent” shall have the meaning set forth in Section 2.2. 

“Additional Specialty Alterations” shall have the meaning set forth in Section 6.1(C)(2). 

  
 2 

 “Administrative Code” shall mean the Administrative Code of the City of New
York, as amended. 
 “Aggregate Initial Expansion Space Rent Credit” shall have the meaning set forth in
Section 44.1(B)(2). 
 “Aggregate Rent Credit” shall have the meaning set forth in
Section 2.5. 
 “Alterations” shall mean alterations, decorations, installations, repairs,
improvements, additions, replacements or other physical changes in or about the Premises made by Tenant. 
 “Anticipated Inclusion
Date” shall have the meaning set forth in Section 40.2(A). 
 “Applicable Rate” shall
mean the lesser of (x) three percentage points above the then current Base Rate, and (y) the maximum rate permitted by applicable law. 

“ASHRAE” shall mean the American Society of Heating, Refrigeration and
Air-Conditioning Engineers. 
 “Available” shall have the meaning set forth in
Section 40.1(A). 
 “Bankruptcy Code” shall mean 11 U.S.C. Section 101 et
seq., or any statute, federal or state, of similar nature and purpose. 
 “Base Electrical Capacity” shall have the
meaning set forth in Section 4.1(A) hereof. 
 “Base Rate” shall mean the rate of interest
publicly announced from time to time by Citibank, N.A., or its successor, as its “base rate ” (or such other term as may be used by Citibank, N.A., from time to time, for the rate presently referred to as its “base rate”). 

“Baseball Arbitrator” shall have the meaning set forth in Section 42.2. 

“BID Charges” shall have the meaning set forth in Section 3.1(C). 

“Building” shall mean the buildings, equipment and other improvements and appurtenances of every kind and description now
located or hereafter erected, constructed or placed upon the Land and any and all alterations, renewals, and replacements thereof, additions thereto and substitutions therefor. 

“Building Department” shall have the meaning set forth in Section 6.1(D)(3). 

“Building Insurance” shall have the meaning set forth in Section 12.2. 

“Building Systems” shall mean the base building mechanical, electrical, sanitary, heating, air conditioning, ventilating,
elevator, plumbing, life-safety and other service systems of the Building, including, without limitation, the HVAC System, but shall not include installations made by Tenant or fixtures or appliances. 

  
 3 

 “Business Days” shall mean all days, excluding Saturdays, Sundays and all
days observed as holidays (“Holidays”) by the State of New York, the federal government or the labor unions servicing the Building. 

“Certificate of Occupancy” shall have the meaning set forth in Section 17.1. 

“Class E System” shall have the meaning set forth in Section 7.1. 

“Condenser Water Charges” shall have the meaning set forth in Section 28.6. 

“Construction Rules and Regulations” shall mean the building rules and regulations for construction work annexed hereto as
Schedule G, and such other reasonable modifications and additions to same as Landlord and Landlord’s agents may from time to time adopt, on notice to Tenant to be given in accordance with the terms of this Lease. If a conflict or
inconsistency exists between the Construction Rules and Regulations and the provisions of this Lease, then the provisions of this Lease shall control. 

“Consumer Price Index” shall mean the Consumer Price Index for All Urban consumers
(CPI-U), all items index, published by the Bureau of Labor Statistics of the United States Department of Labor (or any successor thereto), for New York, NY-Northeastern
New Jersey-Long Island, NY-NJ-CT-PA (1982-1984 = 100). If such Consumer Price Index is terminated, a successor or substitute
index, appropriately adjusted, shall be reasonably selected by Landlord. If such Consumer Price Index is converted to a different standard reference base or is otherwise revised, the Price Index shall be determined with the use of such conversion
factor, formula or conversion table as may be published by the Bureau of Labor Statistics or, if such Bureau shall not publish same, then with the use of such conversion factor, formula or table as may be reasonably selected by Landlord. 

“control” shall have the meaning set forth in Section 15.3(C). 

“Convenience Stairs” shall have the meaning set forth in Section 28.1(I). 

“Currently Hazardous Materials” shall have the meaning set forth in Section 9.7. 

“Decorative Alterations” shall have the meaning set forth in Section 6.1(A). 

“Deficiency” shall have the meaning set forth in Section 19.2(A)(2). 

“Directory” shall have the meaning set forth in Section 31.2 hereof. 

“DOF” shall have the meaning set forth in Section 6.5. 

“DSBS” shall have the meaning set forth in Section 6.5. 

“Economic Terms” shall have the meaning set forth in Section 15.4(A)(12). 

“Electricity Additional Rent” shall have the meaning set forth in Section 4.2(A). 

“Embargoed Person” shall have the meaning set forth in Section 39.6(A). 

  
 4 

 “Escalation Rent” shall mean payments required to be made by Tenant
pursuant to Article 3. 
 “Event of Default” shall have the meaning set forth in
Section 18.1. 
 “Excess Capacity Charge” shall have the meaning set forth in
Section 4.1(B). 
 “Existing Mortgagee” shall have the meaning set forth in
Section 10.06. 
 “Expiration Date” shall mean the Fixed Expiration Date set forth on the
Reference Page or such earlier or later date on which the Term sooner or later ends pursuant to any of the terms, conditions or covenants of this Lease or pursuant to law. 

“Fair Rental Value” shall mean the rental rate per annum determined at the applicable times set forth in Articles 42
and 43, for vacant space in buildings of comparable quality to the Building and located in the immediate vicinity of the Building for tenants of comparable credit quality and stature leasing space containing rentable square footage comparable
to the rentable square footage in the relevant transaction. Fair Rental Value shall include all relevant factors in arriving at a so-called “net rental” to Landlord, whether favorable to Landlord or
Tenant. 
 “FDNY” shall have the meaning set forth in Section 6.1(D)(3). 

“First Delivery Date” shall have the meaning set forth in Section 2.1(D). 

“First Security Deposit Reduction” shall have the meaning set forth in Section 35.6(A). 

“Fitness Center” shall have the meaning set forth in Section 5.3. 

“Fixed Rent Step-up Calculation Commencement Date” shall mean the date which is eight (8) months after the Commencement
Date. 
 “Freight Elevator Hours” shall mean 8:00 a.m. to 8: 00 p.m. on Business Days and 9 a.m. to 1:00 p.m. on Saturdays,
excluding Holidays. 
 “Government Authority (Authorities)” shall mean the United States of America, the State of New York,
the City of New York, any political subdivision thereof and any agency, department, commission, board, bureau or instrumentality of any of the foregoing, now existing or hereafter created, having jurisdiction over the Real Property or any portion
thereof. 
 “Hazardous Materials” shall have the meaning set forth in Section 9.2. 

“Higher Determination” shall have the meaning set forth in Section 42.2. 

“HVAC” shall mean heat, ventilation and air conditioning. 

“HVAC System” shall mean the Building Systems providing HVAC, including, without limitation, the HVAC units and other
equipment and appurtenances being installed as part of Landlord’s Base Building Work pursuant to Section 38.1(E). 

  
 5 

 “ICAP” shall have the meaning set forth in Section 6.6.

 “ICAP Requirements” shall have the meaning set forth in Section 6.6. 

“Indemnitees” shall mean Landlord, its trustees, partners, shareholders, officers, directors, employees and agents and the
Manager (and the partners, shareholders, officers, directors and employees of Landlord’s agents and of the Manager). 

“Initial Alterations” shall have the meaning set forth in Section 44.1(C)(2). 

“Initial Expansion Notice” shall have the meaning set forth in Section 44.1(A). 

“Initial Expansion Option” shall have the meaning set forth in Section 44.1(A). 

“Initial Expansion Space“ shall have the meaning set forth in Section 44.1(A). 

“Initial Meeting” shall have the meaning set forth in Section 42.2. 

“Issuing Bank” shall have the meaning set forth in Section 35.2. 

“Issuing Bank Criteria” shall have the meaning set forth in Section 35.2. 

“Land” shall mean the land known by the address of 125 West 25th Street, New York, New York 10001. 

“Landlord” on the date as of which this Lease is made, shall mean MAPLE WEST 25TH OWNER, LLC, but thereafter,
“Landlord” shall mean only the fee owner of the Real Property or, if there then exists a Superior Lease, the tenant thereunder. 

“Landlord’s Maximum Contribution” shall have the meaning set forth in the Work Agreement. 

“Landlord’s Maximum Determination” shall have the meaning set forth in Section 42.2. 

“Landlord’s Maximum Offer Determination” shall have the meaning set forth in Section 40.2(A). 

“Landlord’s Statement” shall mean a Landlord’s Tax Statement. 

“Landlord’s Tax Statement” shall mean a statement containing a computation of Escalation Rent due pursuant to the
provisions of Section 3.2 furnished by Landlord to Tenant. 
 “Landlord’s Base Building
Work” shall have the meaning set forth in Article 38. 
 “Landlord’s Event Rights” shall have the
meaning set forth in Section 41.1. 
 “Landlord’s Initial Alterations Work” shall have the
meaning set forth in the Work Agreement. 

  
 6 

 “Landlord’s Work” shall mean Landlord’s Base Building Work,
together with Landlord’s Initial Alterations Work. 
 “Late Delivery Termination Notice” shall have the meaning set
forth in Section 2.1(E). 
 “Laws” shall mean all present and future laws, rules, ordinances,
regulations, statutes, requirements, codes and executive orders, extraordinary as well as ordinary, retroactive and prospective, of all Government Authorities now existing or hereafter created, and of any applicable fire rating bureau, or other body
exercising similar functions, affecting the Real Property, or any street, avenue or sidewalk comprising a part or in front thereof or any vault in or under the same, or requiring removal of any encroachment, or affecting the maintenance, use or
occupation of the Real Property. 
 “Lease” shall have the meaning set forth in the recital hereto. 

“Lessor(s)” shall mean a lessor under a Superior Lease. 

“Letter of Credit” shall have the meaning set forth in Section 35.2. 

“List” shall have the meaning set forth in Section 39.6(A). 

“Lower Determination” shall have the meaning set forth in Section 42.2. 

“M/WBE” shall have the meaning set forth in Section 6.5. 

“Manager” shall mean a contractor under Landlord’s contract for the management of the Building, if any. As of the date
of this Lease, the Manager is Normandy Real Estate Partners. 
 “Maximum Number of Tons” shall have the meaning set forth
in Section 28.6. 
 “Minor Alterations” shall have the meaning set forth in
Section 6.1(A). 
 “Mortgage(s)” shall mean any trust indenture or mortgage which may now or
hereafter affect the Real Property, the Building or any Superior Lease and the leasehold interest created thereby, and all renewals, extensions, supplements, amendments, modifications, consolidations and replacements thereof or thereto,
substitutions therefor, and advances made thereunder. 
 “Mortgagee(s)” shall mean any trustee under or mortgagee or holder
of a Mortgage. 
 “Ninth Floor Premises” shall have the meaning set forth in Section 44.1(A).

 “Ninth Floor Premises Commencement Date” shall mean the earlier to occur of (i) the Substantial Completion Date
with respect to the Ninth Floor Premises and (ii) the first date on which Tenant or any Person claiming under or through Tenant first occupies the Ninth Floor Premises, for the conduct of its business. 

“Non-Renewal Notice” shall have the meaning set forth in Section 35.2(B). 

“Notice(s)” shall have the meaning set forth in Section 27.1. 

  
 7 

 “OFAC” shall have the meaning set forth in Section
39.6(A). 
 “Offer Notice” shall have the meaning set forth in Section 40.2(A). 

“Offer Space” shall have the meaning set forth in Section 40.1(B). 

“Offer Space Inclusion Date” shall have the meaning set forth in Section 40.3. 

“Offer Space Option” shall have the meaning set forth in Section 40.2(B). 

“Operating Hours” shall mean 8:00 a.m. to 8:00 p.m. on Business Days and 9:00 a.m. to 1:00 p.m. on Saturdays, excluding
Holidays. 
 “Outside Delivery Date” shall have the meaning set forth in Section 2.1(E). 

“Overtime Periods” shall mean all periods other than during Operating Hours. 

“Parties” shall have the meaning set forth in Section 39.2. 

“Partnership Tenant” shall have the meaning set forth in Section 29.1. 

“Performance Specifications” shall have the meaning set forth in Section 38.1(B). 

“Permitted Transfer” shall have the meaning set forth in Section 15.3(B). 

“Permitted Transferees” shall have the meaning set forth in Section 15.3(B). 

“Person(s) or person(s)” shall mean any natural person or persons, a partnership, a corporation and any other form of
business or legal association or entity. 
 “Persons Within Tenant’s Control” shall mean and include Tenant, all of
Tenant’s respective principals, officers, agents, contractors, servants, employees, licensees and invitees. 
 “Prohibited
Person” shall have the meaning set forth in Section 39.6(B). 
 “Punchlist Items” shall
have the meaning set forth in Section 2.1(B)(i). 
 “Real Property” shall mean the Building and
the Land. 
 “Recapture Space” shall have the meaning set forth in Section 15.4(B). 

“Recapture Sublease” shall have the meaning set forth in Section 15.4(C). 

“Recapture Subtenant” shall have the meaning set forth in Section 15.4(C). 

“Removal Budget” shall have the meaning set forth in Section 6.1(C)(2). 

“Removal Costs” shall have the meaning set forth in Section 6.1(C)(2). 

  
 8 

 “Renewal Notice” shall have the meaning set forth in
Section 42.1(A). 
 “Renewal Option” shall have the meaning set forth in
Section 42.1(A). 
 “Renewal Term” shall have the meaning set forth in Section 42.1(A).

 “Rental” shall mean and be deemed to include Fixed Rent, Additional Rent and any other sums payable by Tenant hereunder.

 “Requirements” shall mean (i) all Laws, (ii) all requirements, obligations and conditions of all instruments
of record on the date of this Lease listed on Schedule P annexed hereto and made a part hereof, and (iii) all commercially reasonable requirements, obligations and conditions imposed by the carrier of Landlord’s or Tenant’s
commercial property insurance policy for the Building. 
 “RSF” shall mean rentable square feet. 

“Rules and Regulations” shall mean the rules and regulations annexed hereto as Schedule G, and such other reasonable
modifications and additions to same as Landlord and Landlord’s agents may from time to time adopt, on notice to Tenant to be given in accordance with the terms of this Lease. The parties agree that all rules and regulations that are designed
for the safety or security of occupants of the Building, property in the Building, or the Building itself, shall have a presumption that they are reasonable. If a conflict or inconsistency exists between the Rules and Regulations and the provisions
of this Lease, then the provisions of this Lease shall control. 
 “Special Occupant” shall have the meaning set forth in
Section 15.8(A). 
 “Specialty Alterations” shall mean any and all (i) vaults and safes,
(ii) cooking kitchens (as opposed to pantries), (iii) stone flooring, subflooring structures (such as for floor reinforcement) and raised flooring systems, (iv) structural reinforcements, (v) auditoria, (vi) dumbwaiters,
(vii) conveyors, (viii) mainframe computer centers, (ix) slab penetrations and floor openings, excluding a reasonable number of penetrations and openings for wiring and conduit of less than four (4) inches in diameter,
(x) intentionally omitted, (xi) high-density files and high-density bookshelves, (xii) fish tanks, (xiii) back up energy supply systems, generators and fuel tanks, fuel lines and all equipment related to any back-up energy supply system, (xiv) internal staircases, (xv) private or executive lavatories, (xvi) shower facilities, (xvii) medical facilities, (xviii) Alterations located outside of the
Premises (including, without limitation, Alterations to the Terrace), (xix) elevators or lifts, and, (xx) if required by Requirements to be removed upon the Fixed Expiration Date or earlier termination of this Lease, all wiring and cabling
installed by or on behalf of Tenant. 
 “Stated Commencement Date” shall have the meaning set forth in
Section 2.1(B). 
 “Subject to CPI Adjustment”, with reference to a specified amount, means the
specified amount, multiplied by a fraction, the numerator of which shall be the Consumer Price Index for the calendar month preceding the date on which such amount is to be adjusted under the provision in question, and the denominator of which is
the Consumer Price Index in effect on the date of this Lease. 

  
 9 

 “Sublease Additional Rent” shall have the meaning set forth in
Section 15.5. 
 “Sublease or Assignment Statement” shall have the meaning set forth in
Section 15.4(B). 
 “Substantially Completed” or “Substantial Completion” shall,
whenever used in this Lease with respect to Landlord’s Work, be deemed to mean that stage of the progress of Landlord’s Work at which all of Landlord’s Work, other than Punchlist Items, has been substantially completed in accordance
with the plans and specifications therefor and applicable Requirements and as shall enable Tenant to have (a) the services to be provided to Tenant pursuant to Article 28 hereof, and (b) access to the Premises, free of construction
liens, to commence the conduct of Tenant’s business without unreasonable interference by reason of the need to complete Punchlist Items. 

“Substantial Completion Date” shall mean the date that Landlord’s Work shall be Substantially Completed. 

“Superior Lease(s)” shall mean all ground or underlying leases of the Real Property or the Building heretofore or hereafter
made by Landlord and all renewals, extensions, supplements and modifications thereof. 
 “Supplemental A/C Units” shall
have the meaning set forth in Section 28.6. 
 “Tax Year” shall mean each period of twelve
(12) months, commencing on the first day of July of each year, that includes any part of the Term, or such other period of twelve (12) months as may be duly adopted as the fiscal year for real estate tax purposes by the City of New York.

 “Taxes” shall have the meaning set forth in Section 3.1(B). 

“Telecommunications Closets” shall have the meaning set forth in Section 28.1(J). 

“Tenant”, on the date as of which this Lease is made, shall mean the Tenant named in this Lease, but thereafter
“Tenant” shall mean only the tenant under this Lease at the time in question; provided, however, that the Tenant named in this Lease and any successor tenant hereunder shall not be released from liability hereunder in the event of any
assignment of this Lease. 
 “Tenant Delay” shall mean any actual delay that Landlord may encounter in the performance of
Landlord’s obligations under this Lease by reason of (i) any intentional act, negligence or omission (where there is a duty to act) of any nature of Tenant or Tenant’s agents, employees, contractors, architects, space designers,
subcontractors or invitees, including, without limitation, (1) delay from or by the New York City Department of Buildings or other like governmental agencies due to any Alteration or work requested by Tenant or special permits or licenses
required by Tenant in connection therewith (except to the extent any such delay is caused by acts of Landlord or its agents), (2) delays due to changes in or additions to any work 

  
 10 

 
(including, but not limited to, Landlord’s Work) requested by Tenant after Landlord’s approval of Final Plans, (3) Tenant’s failure to timely submit information or to timely
give authorizations or approvals required to be given by Tenant within the time periods required hereunder or in the Work Agreement or delays resulting from the fact that, under good construction practice, portions of Landlord’s Work or
approved Additional Work must be scheduled after the completion of certain items of Tenant’s Installations (as defined in the Work Agreement), and/or (4) delays caused by a material breach of this Lease by Tenant or Persons Within Tenant’s
Control, or the willful misconduct or negligence of Tenant or Persons Within Tenant’s Control, (ii) postponement of any item of Landlord’s Work at the request of Tenant, (iii) Tenant’s interference with the performance of
Landlord’s Work in connection with Tenant’s entry into the Premises pursuant to the Work Agreement, (iv) Tenant’s request for materials or products in Landlord’s Work or Additional Work which must be specially fabricated to
order or are not readily available for delivery, (v) Tenant’s requests for or the performance of Additional Work or Tenant’s failure to timely approve and/or pay the Excess Additional Work Cost (as defined in the Work Agreement) as
set forth in Paragraph B of Article II of the Work Agreement, (vi) a delay set forth in clauses (w) through (z) in Paragraph B of Article I of the Work Agreement or set forth in the last sentence
of Paragraph A of Article II of the Work Agreement. For the avoidance of doubt, the term “Tenant Delay” shall include any delay which is expressly stated in this Lease or in the Work Agreement to be a Tenant Delay. In order
to claim that a Tenant Delay has occurred, Landlord shall promptly notify Tenant after Landlord has actual knowledge of a Tenant Delay and state in reasonable detail the basis of such Tenant Delay. Any such period of Tenant Delay shall not exceed
the time period Landlord was actually delayed as a result of such Tenant Delay and any simultaneous Tenant Delays shall be deemed to run concurrently and not consecutively and shall not be “double” counted. 

“Tenant Improvement Allowance” shall have the meaning set forth in Section 44.1(C)(2). 

“Tenant’s Additional Specialty Alterations Notice” shall have the meaning set forth in
Section 6.1(C)(3). 
 “Tenant’s BID Payment” shall have the meaning set forth in
Section 3.2(A)(I). 
 “Tenant’s Initial Tax Payment” shall have the meaning set forth in
Section 3.2(A)(II). 
 “Tenant’s Minimum Determination” shall have the meaning set forth in
Section 42.2. 
 “Tenant’s Minimum Offer Determination” shall have the meaning set forth in
Section 40.2(B). 
 “Tenant’s Property” shall mean Tenant’s movable fixtures and movable
partitions, telephone and other equipment, furniture, furnishings and other movable items of personal property. 
 “Tenant’s
Punchlist” shall have the meaning set forth in Section 2.1(B)(i). 
 “Tenant’s Tax
Payment” shall have the meaning set forth in Section 3.2(B). 
 “Tenant’s Telecom
Provider” shall have the meaning set forth in Section 28.1(J). 

  
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 “Term Sheet” shall have the meaning set forth in
Section 15.4(B). 
 “TIA Election” shall have the meaning set forth in Section 44.1(C). 

“Umbrella” shall have the meaning set forth in Section 12.4(A). 

“Unavoidable Delays” shall have the meaning set forth in Section 26.1. 

“Work Agreement” shall have the meaning set forth in Section 38.2. 

ARTICLE 2 
 DEMISE, PREMISES,
TERM, RENT 
 Section 2.1. (A) Landlord hereby leases to Tenant and Tenant hereby hires from Landlord the Premises for the Term to
commence, subject to Article 23, on the Commencement Date and to end on the Fixed Expiration Date, unless earlier terminated or extended as provided herein. 

(B) Landlord shall give Tenant five (5) Business Days’ notice of the date on which Landlord’s Work is expected to be
Substantially Completed (such date, the “Stated Commencement Date”). Within fifteen (15) days after Landlord’s Work shall have been Substantially Completed, Tenant shall deliver to Landlord a punchlist
(“Tenant’s Punchlist”) of Punchlist Items. For purposes of this Lease, “Punchlist Items” shall mean minor details of construction, decoration and mechanical adjustments that remain incomplete, the non-completion of which do not, either individually or in the aggregate, interfere in any material respect with Tenant’s ability to conduct its business on the Premises. Landlord shall diligently complete the
Punchlist Items within a reasonable amount of time (but in no event more than thirty (30) days, other than with respect to long lead-time items specified by Landlord at the time such Punchlist Items are identified) following delivery of
Tenant’s Punchlist. 
 (C) Landlord shall submit to Tenant a written agreement, substantially in the form annexed as Schedule E,
confirming the Commencement Date and the Fixed Expiration Date fixed in accordance with the provisions of this Lease, and Tenant shall execute such agreement and return it to Landlord within five (5) Business Days thereafter. Any failure of the
parties to execute such written agreement shall not affect the validity of the dates specified therein for the Premises fixed in accordance with the provisions of this Lease as aforesaid. Any dispute as to whether and when Substantial Completion has
occurred shall be resolved by expedited arbitration in accordance with Article 43 of this Lease. 
 (D) In the event the Commencement
Date does not occur by August 30, 2016 (the “First Delivery Date”), subject to extension by reasons of Unavoidable Delays or Tenant Delays, Tenant, as its sole and exclusive remedy therefor, shall receive liquidated damages in
the amount of one (1) day of Fixed Rent for each day that the Commencement Date does not occur beyond the First Delivery Date (as the same may have been extended), until the Commencement Date shall occur, to be applied as a credit against the
initial payments of Fixed Rent due hereunder. 

  
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 (E) In the event the Commencement Date does not occur by March 1, 2017 (the
“Outside Delivery Date”), subject to extension by reason of Unavoidable Delays or Tenant Delays, provided that any adjournment on account of Unavoidable Delays shall not exceed ninety (90) days in the aggregate, then Tenant
shall have the right, but not the obligation, as Tenant’s sole and exclusive remedy for such delay in the occurrence of the Commencement Date (in lieu of Tenant’s receipt of any liquidated damages in accordance with
Section 2.1(D) above), to terminate this Lease on thirty (30) days written notice (a “Late Delivery Termination Notice”) given to Landlord within the twenty (20) day period immediately
following the Outside Delivery Date (but prior to the occurrence of the Commencement Date), with time being of the essence with respect to Tenant’s exercise of such termination right. If Tenant shall timely give a Late Delivery Termination
Notice in accordance with this Section 2.1(E), this Lease shall terminate effective as of the thirtieth (30th) day after the date such notice is given by Tenant, as if such termination date were the Fixed Expiration Date;
provided, however, that if the Commencement Date shall occur prior to such thirtieth (30th) day after the giving of the Late Delivery Termination Notice, then Tenant’s exercise of such right to terminate this Lease shall be null and void, and
this Lease shall continue in full force and effect as if the Late Delivery Termination Notice had not been given. For the avoidance of doubt, if the Commencement Date shall occur prior to such thirtieth (30th) day after the giving of the Late
Delivery Termination Notice and this Lease shall continue in full force and effect, then Tenant shall be entitled to receive the liquidated damages accrued in accordance with Section 2.1(D) above. 

Section 2.2. Tenant shall pay to Landlord, in lawful money of the United States of America, without notice or demand, by good and
sufficient check drawn to the Landlord’s order on a bank or trust company which is a member of the Clearinghouse Association at the office of Landlord or at such other place as Landlord may designate from time to time, the following: 

(A) commencing upon the Commencement Date, the Fixed Rent, at the annual fixed rental rates set forth in the Reference Page, which shall be
payable in equal monthly installments of Fixed Rent in advance on the first day of each and every calendar month during the Term, except that the first (1st) monthly installment of Fixed Rent for the Premises shall be payable by Tenant upon the
execution of this Lease; and 
 (B) commencing upon the Commencement Date, additional rent (“Additional Rent”) consisting
of all other sums of money (including, without limitation, Escalation Rent) as shall become due from and be payable by Tenant hereunder (for default in the payment of which Landlord shall have the same remedies as for a default in the payment of
Fixed Rent). 
 Section 2.3. If the Commencement Date is other than the first day of a calendar month, or the Expiration Date is other
than the last day of a calendar month, Fixed Rent for such month shall be prorated on a per diem basis. 
 Section 2.4. Tenant
shall pay the Fixed Rent and Additional Rent when due without abatement, deduction, counterclaim, setoff or defense for any reason whatsoever, except said abatement as may be occasioned by the occurrence of any event permitting an abatement of Fixed
Rent and Escalation Rent as specifically set forth in this Lease. 

  
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 Section 2.5. Notwithstanding anything to the contrary set forth herein, provided
that no Event of Default shall have occurred and then be continuing, Tenant shall receive an aggregate rent credit (i) in the amount of $565,040.67 (the “Aggregate Tenth Floor Premises Rent Credit”), to be applied in eight
(8) equal installments of $70,630.08 against the amounts of Fixed Rent due hereunder with respect to the Tenth Floor Premises for the first eight (8) months of the Term; (ii) in the amount of $556,365.36 (the “Aggregate
Eleventh Floor Premises Rent Credit”), to be applied in eight (8) equal installments of $69,545.67 against the amounts of Fixed Rent due hereunder with respect to the Eleventh Floor Premises for the first eight (8) months of the
Term; and (iii) in the amount of $293,450.64 (the “Aggregate Penthouse Space Rent Credit”), to be applied in eight (8) equal installments of $36,681.33 against the amounts of Fixed Rent due hereunder with respect to the
Penthouse Space for the first eight (8) months of the Term. The Aggregate Tenth Floor Premises Rent Credit, the Aggregate Eleventh Floor Premises Rent Credit and the Aggregate Penthouse Space Rent Credit are in this Lease collectively referred
to as the “Aggregate Rent Credit.” If, however, this Lease shall terminate due to an Event of Default by Tenant hereunder or if this Lease shall be rejected in the case of a bankruptcy, the Aggregate Rent Credit shall be immediately
due and payable to Landlord. Notwithstanding anything to the contrary provided herein, in the event that Tenant’s right to the Aggregate Rent Credit shall be suspended during any period in which an Event of Default is continuing, immediately
following Tenant’s cure of such Event of Default, any portion of the Aggregate Rent Credit not so taken by reason of such Event of Default shall be applied to the next installment(s) of Fixed Rent then due hereunder. 

Section 2.6. Except as expressly set forth in the Work Agreement, Tenant shall have no right to access the Premises prior to the
Commencement Date. Any access by Tenant to the Premises prior to the Commencement Date shall be subject to the terms and conditions set forth in the Work Agreement. 

ARTICLE 3 
 ESCALATION 

Section 3.1. For the purposes of this Article 3, the following terms shall have the meanings set forth below: 

(A) “Taxes” shall mean the aggregate amount of real estate taxes and any general or special assessments (exclusive of
penalties and interest thereon) imposed upon the Real Property (including, without limitation, (i) assessments made upon or with respect to any “air” and “development” rights now or hereafter appurtenant to or affecting the
Real Property, (ii) any fee, tax or charge imposed by any Government Authority for any vaults, vault space or other space within or outside the boundaries of the Real Property (except that Taxes shall not include such fee, tax or charge to the
extent that Landlord leases or licenses such vaults or vault spaces to a third party), and (iii) any assessments levied after the date of this Lease for public benefits to the Real Property or the Building, other than BID Charges (as
hereinafter defined); provided that if, because of any change in the taxation of real estate, any other tax or assessment, however denominated (including, without limitation, any franchise, income, profit, sales, use, occupancy, gross receipts or
rental tax) is imposed upon Landlord or the owner of the Real Property or the Building, or the occupancy, rents or income therefrom, in substitution for any of 

  
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the foregoing Taxes or for an increase in any of the foregoing Taxes, such other tax or assessment shall be deemed part of Taxes computed as if Landlord’s sole asset were the Real Property.
If any such real estate taxes or assessments are payable in installments without interest, premium or penalty, then Landlord shall include in Taxes for any particular Tax Year only the installment of such real estate taxes or assessments that the
applicable Governmental Authority requires Landlord to pay during such Tax Year, provided that Landlord has previously paid such amount or will pay such amount during such Tax Year. With respect to any Tax Year, all expenses, including customary
attorneys’ fees and disbursements and experts’ and other witnesses’ fees, incurred in contesting the validity or amount of any Taxes or in obtaining a refund of Taxes shall be considered as part of the Taxes for such Tax Year.
Anything contained herein to the contrary notwithstanding, (x) Taxes shall not be deemed to include any penalties or interest that the applicable Governmental Authority imposes for the late payment of such real estate taxes or assessments, or
(a) any taxes on Landlord’s income, (b) franchise taxes, (c) estate or inheritance taxes, capital stock, excise, excess profits, gift, payroll or stamp taxes imposed on Landlord, (d) any transfer taxes or mortgage taxes that
are imposed on Landlord in connection with the conveyance of any interest in the Real Property or granting or recording a mortgage lien thereon, or (e) any similar taxes imposed on Landlord, except to the extent such taxes are levied, assessed
or imposed as a substitute for the whole or any part of, or as a substitute for an increase in, the taxes, assessments, levies, fees, charges and impositions that now constitute Taxes and (y) Taxes shall be calculated without giving effect to
any tax exemption, abatement or deferral program or reduction which the Real Property or any portion thereof may now or hereafter receive pursuant to any governmental incentive program (including, without limitation, the ICAP) to the extent, and for
the duration of, such exemption, abatement or deferral program or reduction. 
 (B) “BID Charges” shall mean any business
improvement district charges imposed on the Building and/or the Land, and any expenses incurred by Landlord in contesting the same. 

Section 3.2. Tenant’s Tax Payment. 

(A) Tenant shall pay as Escalation Rent for each Tax Year, (I) commencing on the first anniversary of the Commencement Date, an amount
(“Tenant’s BID Payment”) equal to Tenant’s Tax Share of the BID Charges for the applicable Tax Year; and (II) commencing on July 1, 2017, an amount (“Tenant’s Initial Tax Payment”) equal to (a)
$21,670.50 (or $0.75 per RSF of the Premises) for the 2017/2018 Tax Year; (b) $43,341.00 (or $1.50 per RSF of the Premises) for the 2018/2019 Tax Year; (c) $65,011.50 for the 2019/2020 Tax Year (or $2.25 per RSF of the Premises); (d) $86,682.00 (or
$3.00 per RSF of the Premises) for the 2020/2021 Tax Year; and (e) $108,352.50 (or $3.75 per RSF of the Premises) for the 2021/2022 Tax Year. 

(B) Commencing on July 1, 2022, Tenant shall pay as Escalation Rent for each Tax Year throughout the remainder of the Term, an amount
(“Tenant’s Tax Payment”) equal to the sum of (I) Tenant’s BID Payment for the applicable Tax Year; (II) Tenant’s Tax Share of the amount by which the Taxes for such Tax Year are greater than the Base Tax
Factor, and (III) Tenant’s Initial Tax Payment of $108,352.50. Tenant’s Tax Payment shall be payable by Tenant to Landlord in twelve (12) equal monthly installments (subject to the further

  
 15 

 
provisions of this Section 3.2), the first of which shall be due within twenty (20) days after receipt of a Landlord’s Tax Statement, regardless of whether
such Landlord’s Tax Statement is received prior to, on or after the first day of such Tax Year (but subject to Section 3.4), and the remaining installments shall be due on the first day of each month thereafter. If
there is any increase in Taxes or any increase in BID Charges for any Tax Year, whether during or after such Tax Year, or if there is any decrease in the Taxes or in BID Charges for any Tax Year during such Tax Year, Landlord shall furnish a revised
Landlord’s Tax Statement for any Tax Year affected, and Tenant’s Tax Payment for such Tax Year shall be adjusted and, (a) within twenty (20) days after Tenant’s receipt of such revised Landlord’s Tax Statement, Tenant shall
(with respect to any increase in Taxes and/or BID Charges for such Tax Year) pay the appropriate increase in Tenant’s Tax Payment to Landlord, or (b) (with respect to any decrease in Taxes and/or BID Charges for such Tax Year) Landlord shall,
at its election, either credit such decrease in Tenant’s Tax Payment against the next installment(s) of Rental payable by Tenant or refund the amount of such decrease within thirty (30) days after Landlord’s receipt of any refund by
check to the order of Tenant, or, if at the end of the Term, there shall not be any further installments of Rental remaining against which Landlord can credit any decrease in Taxes and/or BID Charges due Tenant, Landlord shall deliver to Tenant
Landlord’s check in the amount of the refund due Tenant within thirty (30) days after Landlord’s receipt of any refund. If, during the Term, Taxes or BID Charges are required to be paid (either to the appropriate taxing authorities or
as tax escrow payments to the Lessor or the Mortgagee), in full or in quarterly or other installments on any other date or dates than as presently required, then Tenant’s Tax Payments shall be correspondingly accelerated or revised so that
Tenant’s Tax Payments are due at least thirty (30) days prior to the date payments are due to the taxing authorities, the Lessor or the Mortgagee. The benefit of any discount for any early payment or prepayment of Taxes or BID Charges
shall accrue solely to the benefit of Landlord and Taxes and BID Charges shall be computed without subtracting such discount. The provisions of this Section 3.2(B) shall survive the Expiration Date. 

(C) Only Landlord shall be eligible to institute tax reduction or other proceedings to reduce Taxes or BID Charges. If, after a
Landlord’s Tax Statement has been sent to Tenant, a refund of Taxes or BID Charges is actually received by or on behalf of Landlord, then, promptly after receipt of such refund, Landlord shall send Tenant a Landlord’s Tax Statement
adjusting the Taxes and BID Charges for such Tax Year (taking into account Landlord’s expenses therefor to the extent not already reflected in the calculation of Taxes) and setting forth Tenant’s Tax Share of such refund, and Tenant shall
be entitled to receive such amount by way of a credit against the Rental payable by Tenant or, if at the end of the Term, there shall not be any further installments of Rental remaining against which Landlord can credit any refund due Tenant,
Landlord shall deliver to Tenant Landlord’s check in the amount of the refund due Tenant within thirty (30) days after Landlord’s receipt of any refund; provided, however, that Tenant’s Tax Share of such refund
shall be limited to the amount of Tenant’s Tax Payment or Tenant’s BID Payment, as applicable, which Tenant had theretofore paid to Landlord attributable to increases in Taxes or BID Charges for the Tax Year to which the refund is
applicable. 
 (D) Tenant’s Tax Payment and Tenant’s BID Payment and any credits with respect thereto as provided in this
Section 3.2 shall be made as provided in this Section 3.2 regardless of the fact that Tenant may be exempt, in whole or in part, from the payment of any taxes by reason of Tenant’s diplomatic
or other tax exempt status or for any other reason whatsoever. 

  
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 (E) Tenant shall pay to Landlord within twenty (20) days after demand as Additional
Rent any occupancy tax or rent tax now in effect or hereafter enacted, if payable by Landlord in the first instance or hereafter required to be paid by Landlord. 

(F) Each Landlord’s Tax Statement furnished by Landlord with respect to Tenant’s Tax Payment and Tenant’s BID Payment shall, at
Tenant’s request, be accompanied by a copy of the real estate tax bill or bills for the Tax Year referred to therein, but Landlord shall have no obligation to deliver more than one such copy of the real estate tax bill or bills in respect of
any Tax Year, and Landlord’s failure to deliver such copy shall not affect Tenant’s obligations as to amount or due date(s) thereof. 

(G) If the Base Tax Factor subsequently shall be adjusted, corrected or reduced whether as the result of protest, by means of agreement or as
the result of legal proceedings, the Base Tax Factor for the purpose of computing any Additional Rent payable pursuant to this Article shall be the Base Tax Factor as so adjusted, corrected or reduced. Until the Base Tax Factor is so adjusted,
corrected or reduced, if ever, Tenant shall pay Additional Rent hereunder based upon the unadjusted, uncorrected or unreduced Base Tax Factor and upon such adjustment, correction or reduction occurring, any Additional Rent payable by Tenant prior to
the date of such occurrence shall be recomputed and Tenant shall pay to Landlord any Escalation Rent found due by such re-computation within twenty (20) days after being billed therefor. 

(H) If the Commencement Date or the Expiration Date occurs on a date other than July 1 or June 30, respectively, any Tenant’s
Tax Payment and Tenant’s BID Payment under this Article 3 for the Tax Year in which such Commencement Date or Expiration Date occurs shall be apportioned in that percentage which the number of days in the period from the Commencement
Date to June 30 or from July 1 to the Expiration Date, as the case may be, both inclusive, bears to the total number of days in such Tax Year. In the event of a termination of this Lease, any Escalation Rent under this Article 3
shall be paid or adjusted within twenty (20) days after submission of a Landlord’s Statement. In no event shall Fixed Rent ever be reduced by operation of this Article 3 and the rights and obligations of Landlord and Tenant under
the provisions of this Article 3 with respect to any Escalation Rent shall survive the Expiration Date. 
 Section 3.3.
Landlord’s failure to render any Landlord’s Statement with respect to any Tax Year shall not prejudice Landlord’s right thereafter to render a Landlord’s Statement with respect thereto or with respect to any subsequent Tax Year,
nor shall the rendering of a Landlord’s Statement prejudice Landlord’s right thereafter to render a corrected Landlord’s Statement for that Tax Year. Notwithstanding the foregoing, Landlord shall not have the right to render a
Landlord’s Statement for a particular Tax Year unless Landlord gives to Tenant a Landlord’s Statement for such Tax Year within three (3) years after the later of (i) the last day of such Tax Year and (ii) the date on which
any contest of Taxes with respect to such Tax Year is finally determined or settled with the applicable taxing authority. 

  
 17 

 Section 3.4. Any Landlord’s Statement sent to Tenant shall be conclusively binding
upon Tenant unless, within one hundred eighty (180) days after such Landlord’s Statement is sent, Tenant shall send a written notice to Landlord objecting to such Landlord’s Statement and specifying, to the extent reasonably
practicable, the respects in which such Landlord’s Statement is disputed. 
 ARTICLE 4 

ELECTRICITY 

Section 4.1. 
 (A) Landlord
shall provide throughout the term of this Lease a demand electrical load of six (6) watts per rentable square foot (exclusive of the electricity to operate the Building Systems, but inclusive of all electricity utilized by any supplemental air-conditioning equipment serving the Premises) to be furnished to the Premises (the “Base Electrical Capacity”), and in no event shall the electrical load in the Premises exceed the Base
Electrical Capacity. Tenant shall have the right to redistribute the Base Electrical Capacity within the Premises as Tenant shall deem appropriate, subject to Landlord’s prior approval (which shall not be unreasonably withheld, conditioned or
delayed), pursuant to the terms of this Lease (including, without limitation, Article 6), and provided that Tenant shall have the obligation to restore such electrical capacity of the Premises to its condition prior to such distribution on or
prior to the Expiration Date. Notwithstanding the foregoing, Landlord shall not be liable in any way to Tenant for any interruption or failure or defect in the supply or character of electric service furnished to the Premises or for any loss, damage
or expense Tenant may sustain if either the quantity or character of electric service is changed or is no longer suitable for Tenant’s requirements, by reason of any requirement, act or omission of the public utility serving the Building. 

(B) Subject to the terms of this Section 4.1(B), Tenant, from time to time, shall have the right to request that
Landlord increase the Base Electrical Capacity set forth in Section 4.1(A) hereof by making available to Tenant excess electrical capacity that is then available in the Building (such availability to be determined in
Landlord’s discretion giving due consideration to the then current and future needs of the Building) to the extent such excess capacity exists (and is not reserved for other tenants or occupants of the Building) and Tenant has a bona-fide need
for such additional electrical capacity evidenced by a load letter provided by a reputable independent third party electrical engineer reasonably satisfactory to Landlord. If Landlord shall make such excess capacity available to Tenant,
(i) Landlord shall perform any work that is required in connection with any such increase in electrical capacity at Tenant’s expense and (ii) Tenant shall pay to Landlord, as Electricity Additional Rent, in addition to the Electricity
Additional Rent provided for in Section 4.2(A) of this Lease, a one-time fee equal to the Landlord’s then Excess Capacity Charge for each kilowatt of excess capacity so made
available to Tenant. As of the date of this Lease, Landlord’s “Excess Capacity Charge” is equal to $300 per kilowatt, Subject to CPI Adjustment on each anniversary of the Commencement Date. 

  
 18 

 Section 4.2. (A) Landlord, as part of Landlord’s Base Building Work, shall provide
a bus duct, new switch and main electric distribution panels in the electrical closet to be located on each floor of the Premises and as otherwise shown on the Plans and Specifications listed on Schedule R. As of the Commencement Date,
electricity shall be furnished by Landlord to 120/208V, 175 amp main electrical distribution panels located on each of the tenth floor and the eleventh floor of the Premises, and to a 120/208V, 200 amp main electrical distribution panel located on
the penthouse floor of the Premises. Tenant shall pay to Landlord, as Additional Rent for such electrical service (including any electricity used to service any supplemental air-conditioning unit(s) providing air-conditioning exclusively to the Premises and any Building Systems serving the Premises, including, without limitation, the HVAC units provided by Landlord to cool the Premises), one hundred five percent (105%)
of the amounts (the “Electricity Additional Rent”), as determined by an existing submeter or submeter(s) which shall be installed by Landlord, as part of Landlord’s Base Building Work (which submeter(s) shall be
maintained, repaired and replaced by Tenant, at Tenant’s expense), at the same charges and rates per kilowatt hour that Landlord pays for electricity, as set from time to time during the Term by the public utility serving the Building, applied
to the monthly readings on such submeter(s) totalized electronically (at Landlord’s expense) so as to represent the coincidental demand for the Premises as if measured via a single demand meter. The location and type of submeter(s) to be
installed by Tenant in replacement of any existing submeter(s) serving the Premises shall be subject to Landlord’s prior approval (which approval shall not be unreasonably withheld). 

(B) Bills for the Electricity Additional Rent shall be rendered to Tenant monthly within thirty (30) days of the end of the period
covered by such bills, and Tenant shall pay the amount shown thereon to Landlord within thirty (30) days after the rendering of such bill. At Tenant’s request, Landlord shall send Tenant with respect to any bill for Electricity Additional
Rent a summary of the meter readings for each of Tenant’s submeters and the applicable utility bill for the portion of the Building of which the Premises is a part. Tenant and its representatives shall have access, from time to time, to the
submeters measuring consumption in the Premises on reasonably prior notice to Landlord for the purpose of verifying Landlord’s submeter readings. As of the Commencement Date, Landlord shall provide online access for Tenant to monitor
Tenant’s electrical consumption in the Premises. Tenant shall not have the right to object to Landlord’s calculation of the Electricity Additional Rent unless Tenant gives Landlord notice of any such objection on or prior to the one
hundred eightieth (180th) day after the date that Landlord gives Tenant the applicable invoice for the Electricity Additional Rent. If Tenant gives Landlord a notice objecting to Landlord’s calculation of the Electricity Additional Rent, as
aforesaid, then Tenant shall have the right to review Landlord’s submeter readings and Landlord’s calculation of the Electricity Additional Rent, at Landlord’s offices or, at Landlord’s option, at the offices of Landlord’s
managing agent, in either case at reasonable times and on reasonable advance notice to Landlord. Either party shall have the right to submit a dispute regarding the Electricity Additional Rent to expedited arbitration in accordance with Article
43 of this Lease. 
 (C) Wherever reference is made in this Article to rate(s) or charge(s) of the public utility supplying electricity
to the Building or to increases in such rates or charges, the words rates or charges shall be deemed to include without limitation, any and all (including any new or additional): (i) kilowatt hours or energy charge; (ii) kilowatts of demand
charge; (iii) fuel adjustment charge; (iv) transfer adjustment charge; (v) utility tax; (vi) sales tax, and (vii) any and all other charges and taxes required to be paid by Landlord to the utility company. 

  
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 (D) If at any time during the Term any of the submeter(s) serving the Premises are not in
working order, then until the repair of such submeter(s) Tenant shall pay for electrical consumption for such portion of the Premises at a rate based on the average amounts incurred as Electricity Additional Rent for the remainder of the Premises,
or if not available, based on Tenant’s prior usage and demand, in each case as reasonably estimated by Landlord. 
 (E) If Tenant
occupies the Premises or any portion thereof for the conduct of its business or otherwise prior to the installation of the submeter(s) serving the Premises, then until the installation of such submeter(s), Tenant shall pay $2.50 per RSF so occupied
per annum, which amount shall be prorated if the period of such occupancy prior to the installation of such submeter(s) involves a portion of a year. Such rates may be increased by an amount equal to any increase in the cost of electricity furnished
to the Building. 
 Section 4.3. Tenant covenants and agrees that its use of electric current in the Premises shall never exceed the
demand load specified in this Section 4.1. Tenant agrees not to connect any electrical equipment to the Building’s electric distribution system, other than lamps, personal computers, typewriters, copiers and other
typical office machines which consume comparable amounts of electricity, without Landlord’s prior written consent (which shall not be unreasonably withheld, delayed or conditioned). 

Section 4.4. Landlord reserves the right to terminate the furnishing of electricity to the Premises upon sixty (60) days’
notice to Tenant in which event Tenant may make application directly to the public utility and/or other provider then serving the Building for Tenant’s separate supply of electric current, and Landlord shall permit its wires and conduits to be
used for such purpose, to the extent available and safely capable, but only to the extent of Tenant’s authorized demand load as set forth in Section 4.1. Notwithstanding the foregoing, Landlord shall not cease
furnishing electricity to the Premises until Tenant has procured electric service to the Premises on a direct-metered basis from the public utility or other provider then serving the Building, provided that Tenant shall use diligent efforts
to do so from and after the receipt of Landlord’s notice. Any meters, risers or other equipment or connections necessary to enable Tenant to obtain electric current directly from such utility and/or other provider shall be installed at
Tenant’s sole cost and expense, provided that Landlord shall reimburse Tenant for the cost and expense of such installations in the event Landlord voluntarily ceases furnishing electricity to the Premises (other than to the extent
required by applicable Requirements). Landlord, upon the expiration of the aforesaid sixty (60) days’ notice to Tenant, subject to the foregoing, may discontinue furnishing electric current to the Premises, but this Lease shall otherwise
remain in full force and effect. If Landlord shall discontinue furnishing electricity as provided herein, then commencing on the date when Tenant receives such direct service (and as long as Tenant shall continue to receive such direct electric
service), Tenant shall not be required to pay the Electricity Additional Rent which was payable immediately prior to such discontinuance of electricity. 

Section 4.5. Landlord shall have the right, in its sole discretion, to select any entity or entities which it desires to have as the
electrical service provider to the Building (including the Premises), and Tenant shall not have the right to select the same or participate in the selection of the same, except to the extent that any Requirement mandates that Tenant have any such
right(s). 

  
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 Section 4.6. Tenant shall conduct routine maintenance on lighting fixtures,
supplementary air conditioning and appliances in order to maintain maximum energy efficiency. To that end, Tenant shall ensure that energy-efficient settings are enabled on all computers and other equipment to the maximum extent feasible and shall
turn off equipment at the power point during periods when it is expected that same will not be in use, such as during holidays, weekends and vacations. Tenant shall arrange and require its employees working in the Premises to participate in any
annual training regarding energy savings. Tenant shall cooperate with Landlord in conducting energy savings audits and shall participate in any Landlord-sponsored training programs regarding energy savings. 

ARTICLE 5 
 USE AND OCCUPANCY

 Section 5.1. Tenant shall use and occupy the Premises for the Permitted Use and for no other purpose. 

Section 5.2. Tenant shall not use the Premises or any part thereof, or permit the Premises or any part thereof to be used, (1) for
the business of photographic, multilith or multigraph reproductions or offset printing (other than those which are ancillary to an otherwise Permitted Use), (2) for an
off-the-street retail commercial banking, thrift institution, loan company, trust company, depository or safe deposit business accepting deposits from the general
public, (3) for the off-the-street retail sale of travelers checks, money orders, drafts, foreign exchange or letters of credit or for the receipt of money for
transmission, (4) by the United States government, the City or State of New York, any foreign government, the United Nations or any agency or department of any of the foregoing having or asserting sovereign immunity, (5) for the
preparation, dispensing or consumption of food or beverages in any manner whatsoever (except for the preparation, dispensing and consumption of food and beverages by Tenant’s employees who work in the Premises and by business invitees at
meetings and events held in the ordinary course of Tenant’s business and in accordance with the terms of this Lease), (6) for any retail use, (7) as an employment agency, day-care facility, labor
union, school, or vocational training center (except for the training of employees of Tenant intended to be employed at the Premises), (8) as a barber shop, beauty salon or manicure shop, (9) for the operation of a dry-cleaning business, (10) for operation of a gasoline station, automobile service or maintenance facility or carwash, (11) for product display activities (such as those of a manufacturer’s
representative), except that Tenant may use a portion of the Premises for a product display area for the sole use of its employees (but, for the avoidance of doubt, not for the sale of such products), (12) as offices of any public utility company,
(13) for data processing activities (other than those which are ancillary to an otherwise Permitted Use), (14) for health care activities, (15) for clerical support services or offices of public stenographers or typists (other than those
which are ancillary to an otherwise Permitted Use), (16) as reservation centers for airlines or travel agencies, (17) for any manufacturing use, (18) as studios for radio, television or other media, (19) for offices of a real estate
brokerage firm, (20) by any not-for-profit or religious institution or entity, (21) for the operation of any business that, in the ordinary course of
operation, would be likely to result in 

  
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 the release of Hazardous Materials, (22) for the operation of a cabaret, dance hall or similar venue,
or (23) for the sale or display of obscene or pornographic material, the conduct of obscene, nude or semi-nude live performances, or similar purposes. For purposes of the preceding clause (23), “pornographic” shall mean that
the material or purpose has prurient appeal or relates, directly or indirectly, to lewd or prurient sexual activity and “obscene” shall have the meaning ascribed thereto in New York Penal Law Section 235.00. Furthermore, the Premises
shall not be used for any purpose that would, in Landlord’s reasonable judgment, tend to lower the first-class character of the Building, violate the certificate of occupancy of the Building, impair or interfere with any of the Building
operations or the proper and economic heating, air-conditioning, cleaning or any other services of the Building (other than to a de minimis extent), interfere with the use of the other areas of the
Building by any other tenants, or impair the appearance of the Building. 
 Section 5.3. Notwithstanding anything to the contrary
provided in this Lease, Landlord hereby acknowledges that Tenant may construct in a portion of the Penthouse Space not to exceed one thousand (1,000) usable square feet a fitness center, including showers and locker rooms for users thereof and gym
flooring (the “Fitness Center”) for use by Tenant’s personnel and business invitees in the ordinary course of Tenant’s business and in accordance with the terms of this Lease, provided that Tenant shall comply with
all of the applicable provisions of this Lease in installing and maintaining the Fitness Center, including, without limitation, Article 6 and Article 9 hereof, as well Landlord’s reasonable requirements in the construction
and maintenance of the Fitness Center which shall include, without limitation, subject to Landlord’s approval of plans and specifications therefor in accordance with Article 6 of this Lease, the installation of a waterproof membrane
under any portion of the Fitness Center used for showers, reinforced floors (if necessary in Landlord’s determination) and noise-dampening installations (if necessary, in Landlord’s determination) so as to limit the water, noise and
vibrations emanating from the Fitness Center. 
 ARTICLE 6 

ALTERATIONS 

Section 6.1. 
 (A) Tenant,
upon at least ten (10) days written notice to Landlord, but without obtaining Landlord’s consent, may make Alterations within the Premises which do not require a building permit and are purely decorative in nature, such as painting,
carpeting, wall covering, and the like (such Alterations, hereinafter “Decorative Alterations”) and other Alterations not of the type described in clauses (1) through (5) of the following sentence that cost in the aggregate
less than $150,000 in any twelve (12) month period and do not require a building permit (“Minor Alterations”). Tenant shall not make or permit to be made any other Alterations without Landlord’s prior written consent,
which consent shall not be unreasonably withheld or delayed, provided that (1) the outside appearance of the Building shall not be affected; (2) the strength of the Building shall not be affected; (3) the structural parts of
the Building shall not be affected; (4) except as otherwise expressly provided in this Lease, no part of the Building outside of the Premises shall be affected; and (5) the proper functioning of the Building Systems shall not be adversely
affected and the use of such systems by Tenant shall not 

  
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 be increased beyond Tenant’s allocable portion of reserve capacity thereof, if any. Reference is made
to the Construction Rules and Regulations annexed to this Lease as Schedule F and incorporated herein by reference. Any dispute between the parties as to whether Landlord’s withholding or delay of its consent to a proposed Alteration is
reasonable shall be resolved by expedited arbitration in accordance with Article 43 of this Lease. 
 (B) (1) Prior to making any
Alterations, Tenant shall, at Tenant’s expense, (i) other than with respect to Decorative Alterations and Minor Alterations, submit to Landlord three (3) sets of blue lines of final, stamped and detailed plans and specifications
(including layout, architectural, electrical, mechanical and structural drawings) that comply with all Laws for each proposed Alteration, and Tenant shall not commence any such Alteration without first obtaining Landlord’s approval of such
plans and specifications in accordance with subsection (2) below, (ii) at Tenant’s expense, obtain all permits, approvals and certificates required by any Government Authorities, and (iii) furnish to Landlord certificates evidencing
worker’s compensation insurance (covering all persons to be employed by Tenant, and Tenant’s contractors and subcontractors, in connection with such Alteration) and commercial general liability insurance (including premises operation,
bodily injury, personal injury, death, independent contractors, products and completed operations, broad form contractual liability and broad form property damage coverages) in such form, with such companies, for such periods and in such amounts as
Landlord may reasonably approve, and as otherwise specified in Schedule H annexed to this Lease, naming Landlord and its agents, any Lessor and any Mortgagee, as additional insureds. Within thirty (30) days after completion of such
Alteration, Tenant, at Tenant’s expense, shall obtain certificates of final approval of such Alterations required by any Government Authority and shall furnish Landlord with copies thereof, together with the
“as-built” plans and specifications for such Alterations, in AutoCad, Release 14 format, on CD Rom, or such other format as shall from time to time be reasonably designated by Landlord.
Notwithstanding the foregoing, Tenant shall submit Tenant’s plans and specifications to applicable Government Authorities in such format as may be required by such Government Authorities. All Alterations shall be made and performed
substantially in accordance with the plans and specifications therefor as approved by Landlord, all Laws and the Construction Rules and Regulations. All materials and equipment to be incorporated in the Premises as a result of any Alterations shall
be first quality and no such materials or equipment shall be subject to any lien, encumbrance, chattel mortgage, title retention or security agreement. In addition, except for Decorative Alterations and Landlord’s Initial Alterations Work,
(x) any Alteration to be performed by or on behalf of a party other than the original named Tenant or a permitted successor for which the cost of labor and materials (as reasonably estimated by Landlord’s architect, engineer or contractor)
is in excess of Seventy Five Thousand ($75,000.00) Dollars, either individually or in the aggregate with any other Alteration constructed in any twelve (12) month period, shall not be undertaken prior to Tenant’s delivering to Landlord
such security for timely lien-free completion thereof as is reasonably satisfactory to Landlord, and (y) all Alterations shall be performed only under the supervision of a licensed architect reasonably satisfactory to Landlord. 

(2) Landlord shall respond to the proposed plans and specifications referred to in Section 6.1(B)(1)(i) within
fifteen (15) Business Days after submission (and within ten (10) Business Days after any resubmission), but Landlord shall have no liability to Tenant by reason of Landlord’s failure to respond within such time period. In the event
that Landlord fails 

  
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 to respond within the foregoing time period, and Tenant thereafter provides Landlord with a second notice of
its proposed plans and specifications (provided such notice shall be delivered in writing in accordance with Article 27 and state in eighteen-point bold, capital letters the following: “IF LANDLORD DOES NOT RESPOND TO THIS REQUEST
FOR APPROVAL WITHIN FIVE (5) BUSINESS DAYS, LANDLORD’S APPROVAL OF THE PLANS AND SPECIFICATIONS SHALL BE DEEMED GRANTED IN ACCORDANCE WITH SECTION 6.1(B)(2) OF THE LEASE.”), and Landlord fails to respond to
such second notice within five (5) Business Days of Landlord’s receipt thereof, Landlord shall be deemed to have approved the proposed plans and specifications in connection with such Alteration. Landlord reserves the right to
disapprove any plans and specifications in part, to reserve approval of items shown thereon pending its review and approval of other plans and specifications, and to condition its approval upon Tenant making revisions to the plans and specifications
or supplying additional information. Tenant agrees that any review or approval by Landlord of any plans and/or specifications with respect to any Alteration is solely for Landlord’s benefit, and without any representation or warranty whatsoever
to Tenant or any other Person with respect to the adequacy, correctness or sufficiency thereof or with respect to Laws or otherwise. 
 (3)
Notwithstanding anything to the contrary provided herein, Tenant shall be entitled to make Department of Building filings through the professional certification filing procedure. In addition, Tenant shall have the right to submit a scope set of
plans and specifications to Landlord prior to one hundred percent (100%) completion of the plans and specifications for a particular Alteration (other than with respect to any of Landlord’s Initial Alterations Work), provided that Landlord
shall have the right to condition its approval of items shown on such incomplete plans and specifications pending its review and approval of one hundred percent (100%) complete plans and specifications for such Alteration. Landlord shall execute any
applications for any permits, approvals or certificates required to be obtained by Tenant in connection with any permitted Alteration (provided that the applicable Requirement requires Landlord to execute such application) within seven
(7) Business Days after Tenant’s request from time to time and shall otherwise cooperate reasonably with Tenant in connection therewith. Landlord agrees to so execute any such applications promptly after Tenant’s submittal of plans
and specifications even if the subject Alteration has not yet been approved by Landlord provided that Landlord’s execution of any such application shall not in any way be deemed to mean that Landlord has consented thereto. Nothing contained
herein shall obviate Tenant’s obligation to obtain Landlord’s approval to an Alteration as otherwise required in this Article 6. Tenant shall reimburse Landlord for any
out-of-pocket costs, including, without limitation, reasonable attorneys’ fees and disbursements, that Landlord incurs in so executing such applications and
cooperating with Tenant, within thirty (30) days after the date that Landlord gives to Tenant an invoice therefor from time to time. 

(C) (1) Except as otherwise provided Construction Rules and Regulations, Tenant shall be permitted to perform Alterations during Operating
Hours, provided that such work does not, in Landlord’s reasonable determination, generate excessive noise or vibration or otherwise interfere with or interrupt the operation and maintenance of the Building or interfere with or interrupt the use
and occupancy of the Building by other tenants in the Building. Otherwise, Alterations shall be performed at Tenant’s expense and at such times and in such manner as Landlord may from time to time reasonably designate. 

  
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 (2) All Alterations (including Landlord’s Initial Alterations Work) shall become a
part of the Building and shall be Landlord’s property from and after the installation thereof and, except as otherwise provided in this Lease, may not be removed or changed without Landlord’s consent. Notwithstanding any provision to the
contrary contained in this Lease, however, Tenant, at Tenant’s expense, prior to the Fixed Expiration Date, or, in the case of an earlier termination of this Lease, within thirty (30) days after such termination, shall remove all
(i) Specialty Alterations, including those included as part of Landlord’s Initial Alterations Work and (ii) subject to Section 6.1(C)(3), such other items installed by or on behalf of Tenant after the date of
this Lease which are unusually difficult and/or expensive to remove as determined by Landlord in its reasonable discretion (the items described in this clause (ii) are referred to herein as “Additional Specialty
Alterations”); provided, however, that (x) Tenant may elect, by written notice delivered to Landlord no later than six (6) months prior to the Expiration Date (the parties hereby agreeing that TIME SHALL BE OF THE
ESSENCE with respect to such date and that Tenant shall have no right whatsoever to make the election provided for in this Section 6.1(C)(2)(x) if such notice is not delivered to Landlord on or prior to such date), not to
remove one or more Specialty Alterations and/or Additional Specialty Alterations before the Expiration Date, in which event (I) Landlord shall submit to Tenant a budget (the “Removal Budget”) for the costs of removal of
such Specialty Alterations and/or Additional Specialty Alterations (such Removal Budget to include the costs of repairing and restoring any damage to the Building or the Premises caused thereby, together with a fee equal to five (5%) percent of all
such costs) (collectively, the “Removal Costs”), (II) Tenant shall pay to Landlord, on or before the date which is ninety (90) days prior to the Expiration Date, an amount equal to one hundred percent (100%) of the Removal
Budget, (III) in the event the Removal Costs incurred by Landlord exceed the Removal Budget, Tenant shall pay to Landlord the amount of such excess Removal Costs within thirty (30) days after Landlord submits to Tenant an invoice therefor
together with reasonable supporting documentation for the charges set forth therein and (IV) in the event the Removal Costs incurred by Landlord are less than ninety percent (90%) of the Removal Budget, Landlord shall refund to Tenant, on or
before the first anniversary of the Expiration Date, the amount by which the Removal Budget exceeds the Removal Costs incurred by Landlord and (y) if Landlord notifies Tenant in writing prior to the Expiration Date that Landlord desires all or
any of such Specialty Alterations and/or Additional Specialty Alterations to remain in the Premises, then any such items designated in such notice shall remain in the Premises and shall not be removed by or on behalf of Tenant. In making its
election pursuant to clause (x) above, Tenant shall be reasonable in its determination of which Specialty Alterations and/or Additional Specialty Alterations to not remove, taking into account matters of cost and time efficiency of the work
required with respect to both Landlord and Tenant in connection with the removal of all Specialty Alterations and/or Additional Specialty Alterations (by way of example, for illustrative purposes only, Tenant electing not to remove a staircase, but
electing to fill in the staircase upon its removal by Landlord, would be unreasonable). Upon any removal of any Alterations by Tenant, Tenant shall repair and restore in a good and workerlike manner to Building standard condition (reasonable wear
and tear excepted) any damage to the Premises or the Building caused by such removal. The provisions of this Section 6.1(C)(2) shall survive the Expiration Date, except that, notwithstanding the foregoing, Tenant shall not
be obligated to reimburse Landlord for the costs of removing any Specialty Alterations and/or Additional Specialty Alterations that Landlord did not remove or commence removing on or before the first anniversary of the Expiration Date. In no event
shall the failure to remove any Specialty 

  
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 Alterations and/or Additional Specialty Alterations from the Premises after Tenant has otherwise vacated
possession thereof be deemed to constitute a holdover. Any dispute as to whether Landlord’s determination of an Additional Specialty Alteration is reasonable or whether Tenant’s determination as to which Specialty Alterations or Additional
Specialty Alterations it wants Landlord to remove and which Tenant will remove is reasonable shall be resolved by expedited arbitration in accordance with Article 43 of this Lease. 

(3) At the time of giving its consent thereto or in the case of Minor Alterations, if so requested by a Tenant’s Additional Specialty
Alterations Notice, Landlord shall notify Tenant of such items of Alterations (including Landlord’s Initial Alterations Work) that constitute Additional Specialty Alterations which, subject to the terms of
Section 6.1(C)(2) of this Lease, Tenant shall be required to remove from the Premises upon the expiration or earlier termination of this Lease. The term “Tenant’s Additional Specialty Alterations
Notice” shall mean a notice accompanying the submission of Tenant’s plans and specifications for Landlord’s approval of proposed Alterations (or in the case of Minor Alterations, to give notice of same to Landlord) stating in
eighteen-point bold capital letters the following: “THIS NOTICE IS BEING GIVEN PURSUANT TO SECTION 6.1(C)(3) OF THE LEASE. PURSUANT TO SUCH SECTION, LANDLORD IS REQUIRED TO NOTIFY TENANT OF THOSE ITEMS (IF ANY) OF
THE PROPOSED ALTERATIONS THAT CONSTITUTE ADDITIONAL SPECIALTY ALTERATIONS THAT TENANT SHALL BE REQUIRED TO REMOVE FROM THE PREMISES UPON THE EXPIRATION OR EARLIER TERMINATION OF THE LEASE.” In the event that Landlord fails to respond to
Tenant’s Additional Specialty Alterations Notice at the time of giving consent to such proposed Alteration, Landlord shall be deemed to have determined that such proposed Alteration does not constitute an Additional Specialty Alteration.

 (4) All Tenant’s Property shall remain the property of Tenant and, during the Term, may be removed from the Premises by Tenant at
Tenant’s option, provided, however, that Tenant shall repair and restore in a good and workerlike manner to Building standard condition (reasonable wear and tear excepted) any damage to the Premises or the Building caused by such
removal. 
 (5) The provisions of this Section 6.1(C) shall survive the expiration or earlier termination of this
Lease. 
 (D) (1) All Alterations shall be designed and performed, at Tenant’s sole cost and expense, by consultants, contractors and
subcontractors selected by Tenant and approved by Landlord (which approval shall not be unreasonably withheld) and under the supervision of a construction or project manager approved by Landlord (which approval shall not be unreasonably withheld).

 (2) Notwithstanding the foregoing, with respect to any structural Alterations and/or Alterations affecting the sprinklers or the
Class E System of the Building, (i) the final connection to the base Building System shall be as provided in Section 6.1(D)(3) below, and (ii) the Alteration shall, at Tenant’s reasonable expense, be designed
by either Landlord’s or the Manager’s engineer. In addition, Tenant shall employ Landlord’s or the Manager’s designated expediter with respect to any filings with, or other submissions to, applicable Government Authorities in
connection with any of Tenant’s Alterations. As of the date of this Lease (but subject to future change by Landlord in its sole discretion), Landlord’s designated expediter is Milrose Consultants, Inc. 

  
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 (3) Tenant shall be responsible for the installation and maintenance of all fire alarm
devices within the Premises. Final connection to the base Building System for life safety shall be performed by Landlord’s fire alarm vendor, and Tenant shall pay the cost thereof to the extent commercially reasonable. Landlord’s fire
alarm vendor must be contracted directly by Tenant or Tenant’s general contractor for the performance of such work. At no time shall Landlord’s fire alarm vendor be subcontracted by Tenant’s electrician. All installations of fire
alarm devices must be approved by the New York City Department of Buildings (the “Building Department”) and the New York City Fire Department (“FDNY”). Any so-called
“Letters of Defect” issued by the Building Department or FDNY must be promptly and diligently corrected, and so-called “Letters of Approval and Completion” must be obtained by Tenant within
forty-five (45) days after Tenant’s fire alarm devices shall have been installed and connected to the base Building System for life safety. 

(4) All sprinklers, including without limitation, any branch piping, sprinkler heads and pre-action
panels to be installed in the Premises, must be installed in compliance with all Requirements (including without limitation, the NYC Code), at Tenant’s cost and expense (other than items to be installed as part of Landlord’s Base Building
Work). Prior to FDNY inspection, Tenant shall cause all new sprinkler installations to be hydrostatically tested (it being agreed that arrangements for such testing must be upon notice to and coordinated with Landlord). 

(E) (1) Any mechanic’s lien filed against the Premises or the Real Property for work claimed to have been done for, or materials claimed
to have been furnished to, Tenant, other than Landlord’s Work, shall be cancelled or discharged by Tenant, by payment or filing of the bond required by law, within thirty (30) days after Tenant shall have received notice of such lien, and
Tenant shall indemnify and hold Landlord harmless from and against any and all costs, expenses, claims, losses or damages resulting therefrom by reason thereof. 

(2) If Tenant shall fail to discharge such mechanic’s lien within the aforesaid period, then, in addition to any other right or remedy of
Landlord, Landlord may, but shall not be obligated to, discharge the same either by paying the amount claimed to be due or by procuring the discharge of such lien by deposit in court or bonding, and in any such event, Landlord shall be entitled, if
Landlord so elects, to compel the prosecution of an action for the foreclosure of such mechanic’s lien by the lienor and to pay the amount of the judgment, if any, in favor of the lienor, with interest, costs and allowances. 

(3) Any amount paid by Landlord for any of the aforesaid charges and for all reasonable expenses of Landlord (including, but not limited to,
attorneys’ fees and disbursements) incurred in defending any such action, discharging said lien or in procuring the discharge of said lien, with interest on all such amounts at the Applicable Rate, shall be repaid by Tenant within thirty
(30) days after written demand therefor, and all amounts so repayable, together with such interest, shall be considered Additional Rent. 

  
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 (F) Tenant acknowledges that Landlord will seek to obtain a LEED Gold certificate for the
core and shell of the Building, and Tenant shall reasonably cooperate with Landlord, at Landlord’s cost, to obtain certification of compliance with ASHRAE Standard 90.1-2010 with respect to the interior
Alterations, equipment and trade fixtures, including mechanical, electrical, plumbing and fire protection design, in the Premises. Without limiting the foregoing provision, Landlord requests that Tenant comply with the following, it being
acknowledged that such compliance shall be in Tenant’s sole discretion: (i) that Tenant provide air measuring station/airflow monitor at all air handling units introducing outside air, with accuracy of 5% over the design outside air flow
rate, and alarming the Building personnel through the base Building management system if it falls below the design minimum air flow set point by 10% or more, (ii) that all Alterations made by Tenant shall meet all applicable energy savings
and/or energy efficient building code requirements and that if there is a conflict between the building code requirements and those set forth in this Lease, the requirements calling for higher energy savings and efficiency apply, (ii) that
Tenant install in the Premises Energy Star rated appliances, including dishwashers, refrigerators, vending machines and water coolers, and Energy Star rated office equipment, including computers, monitors, printers, faxes and scanners, (iv) that
Tenant ensure that any lighting installed by Tenant in the Premises complies with ASHRAE Standard 90.1-2004 by either the space by space or building area method, including the following: (a) Tenant use
compact fluorescents or light emitting diodes in place of incandescent and halogen bulbs for accent lighting and down lighting. Alternative lighting with energy efficiencies equal to or greater than compact fluorescents may also be used and
(b) that high efficiency electronic ballasts be considered for fluorescent tubes and that fluorescents tube fixtures and down lighting fixtures shall also have interior reflective surfaces where possible, (v) that Tenant install timers,
dimmers or programmable lighting controls throughout the Premises, as follows: (a) such that all lighting installed by or on behalf of Tenant is controlled by occupancy or motion sensors arranged to control open plan office areas of 1,000
square feet or less and within all individual offices, conference rooms and general use rooms and (b) such that in connection with lighting installed by or on behalf of Tenant, Tenant provide capacity to adjust light levels in all areas where
natural light is available and that in addition to occupancy or motion sensors, the zone extending from all glazed perimeter walls is additionally controlled by light level sensors coordinated with the occupancy or motion sensors and connected to
dimmers adjusted to maintain appropriate office lighting levels at desk surface levels, and (vi) that to the extent feasible, Tenant locate refrigeration and other heat-generating equipment where such equipment can be adequately ventilated, and
also shall locate refrigerators in an area of the Premises that is not within direct sunlight or near another heat source. 

Section 6.2. Tenant shall reimburse Landlord, within thirty (30) days after demand therefor, for any reasonable third party out-of-pocket expense incurred by Landlord for (x) reviewing the plans and specifications for any Alterations (and, for the avoidance of doubt, including Landlord’s
Initial Alterations Work), or (y) inspecting the progress of completion of any Alterations (but excluding Landlord’s Initial Alterations Work). Landlord shall not be entitled to any other supervisory or similar fee with respect to any
Alterations (and, for the avoidance of doubt, Landlord’s Work). 
 Section 6.3. Landlord, at Tenant’s expense, and upon the
request of Tenant, shall join in any applications for any permits, approvals or certificates required to be obtained by Tenant in connection with any permitted Alteration (provided that the provisions of the applicable Laws 

  
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 shall require that Landlord join in such application), including, without limitation, but subject to
Section 17.1, any change in use and any Public Assembly permit required by Tenant and shall otherwise cooperate with Tenant in connection therewith, provided that Landlord shall not be obligated to incur any cost or expense
or liability in connection therewith. 
 Section 6.4. Tenant shall furnish to Landlord copies of records of all Alterations and of the
cost thereof within thirty (30) days after the completion of such Alterations. 
 Section 6.5. Landlord hereby notifies Tenant
that Landlord has or intends to avail itself of certain abatements of Taxes under the Industrial and Commercial Abatement Program (“ICAP”) in connection with the renovation of the Building. Tenant agrees, at Landlord’s cost and
expense with respect to actual and reasonable third-party costs and expenses incurred by Tenant in connection herewith (including, without limitation, an ICAP consultant retained by Tenant), to comply with all laws, rules, executive orders, and
requirements of New York City government departments relating to ICAP within the time limits prescribed by law or rule, including, but not limited to, the filing requirements of the Department of Finance (“DOF”) and the Department
of Small Business Services (“DSBS”) as they may be modified from time to time (“ICAP Requirements”), provided Landlord shall explicitly advise Tenant of its obligation in sufficient detail and with sufficient
notice for Tenant to comply; and Tenant shall reasonably cooperate with Landlord with respect to Landlord’s application for ICAP benefits and compliance with the ICAP Requirements. The requirement to so cooperate shall survive the term of this
Lease. Tenant acknowledges that timely compliance with the ICAP Requirements may require actions or the delivery of information prior to the issuance of any building permit, solicitation of bids for construction work or commencement of construction
of Alterations, and provided that Tenant is in compliance with the provisions of this Section 6.5, Landlord shall timely comply with the ICAP Requirements to the extent such requirements have a negative impact on
Tenant’s ability to obtain a building permit or Tenant is prevented from performing Tenant’s Work (and actually does not perform the same). Where compliance with the ICAP Requirements involves submission of a document to Landlord for
transmission to DOF and the collection of data of any reasonable sort, Tenant shall provide such documentation and data within a reasonable period of time after such request by Landlord, provided, however, that Landlord shall advise
Tenant, in its written request, of the dates needed for submission and compliance and, provided further, that Tenant has a reasonable period of time to produce such materials. Notwithstanding anything to the contrary contained herein, Tenant shall
use reasonable efforts to provide such document not less than thirty (30) days prior to the date that submission to DOF is required or if sooner requested by Landlord, within thirty (30) days after such request. Tenant shall cause all of
its construction managers, contractors and subcontractors employed in connection with Alterations to be contractually required by Tenant to comply with all ICAP Requirements, including requirements relating to solicitation of bids from Minority and
Women Owned Enterprises (“M/WBE”) and shall enforce such contractual obligation as necessary to assure timely compliance. Such requirements may include, but are not limited to the submission and approval of Construction Employment
Reports to DSBS, attendance at a pre-construction conference with representatives of DSBS, notifying DSBS of subcontracting opportunities in connection with Tenant’s Alterations, solicitation of three
M/WBE firms for each subcontracting opportunity, maintenance of records of such solicitations, the responses thereto and action taken on bids received, timely response to requests for information from DSBS, and certification of compliance with the
M/WBE requirements. To the extent required by 

  
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 the ICAP Requirements, and without limiting the generality of the agreement to comply with the ICAP
Requirements, Tenant may be required to (1) permit inspection of the Premises by DOF employees or agents upon reasonable notice; (2) provide and update a list of all construction contracts and subcontracts signed in connection with any
Alterations, identifying the trade, the name and address of the contractor or subcontractor and the amount of the contract, including any change orders; (3) direct its architect or engineer to prepare a narrative description of the project and
a construction budget and to prepare revised project descriptions and budgets if there are material changes in the scope of any Alterations, (4) within thirty (30) days of substantial completion of the Alterations, obtain a certification
by its architect or engineer that the project so described has been substantially completed; and (5) to permit an audit of the actual costs of construction by a certified public accountant. Tenant shall retain all records relating to
Alterations and the construction costs, and respond within a reasonable period of time to requests for information from Landlord which may have been received from DOF. At Landlord’s written request, at least thirty (30) days prior to the
date prescribed by law or rule (currently January 5 in every other calendar year), Tenant shall provide Landlord with a Certificate of Continuing Use, provided Landlord shall provide Tenant with a sample of such form, and provided further that
Tenant shall have a reasonable period of time to produce the same after such written request. At the request of Landlord, Tenant shall also provide Landlord with the number of employees working in the Premises and the number who are residents of New
York City. 
 Section 6.6. Tenant shall not, at any time prior to or during the Term, directly or indirectly employ, or permit the
employment of, any contractor, mechanic or laborer in the Premises, whether in connection with any Alteration or otherwise, if such employment would interfere or cause any conflict with other contractors, mechanics or laborers engaged in the
construction, maintenance or operation of the Building by Landlord, Tenant or others. In the event of any such interference or conflict, Tenant, upon demand of Landlord, shall cause all contractors, mechanics or laborers causing such interference or
conflict to leave the Building immediately. 
 Section 6.7. Subject to Landlord’s approval of the plans and specifications
therefor in accordance with the terms of this Lease (including the precise location of the same) and all Requirements, Tenant shall have the right to install, as an Alteration, a product display area within the Premises for the sole use of its
employees and business invitees in the ordinary course of Tenant’s business and in accordance with the terms of this Lease (including, without limitation, Article 5 hereof). 

Section 6.8. Subject to all Requirements, Tenant shall have the right to make reasonable Decorative Alterations to the Convenience Stairs
(such as painting, lighting and handrails), provided that in no event shall Tenant be permitted to paint over or cover up reflective glow tape in the Convenience Stairs, if any. 

Section 6.9. In connection with any use of the Convenience Stairs, subject to Landlord’s approval of the plans and specifications
therefor in accordance with the terms of this Lease (including the precise location of the same) and all Requirements, and subject to applicable re-entry rules and regulations from time to time in effect,
Tenant, at Tenant’s sole cost and expense shall have the right to install as an Alteration and regularly maintain a security and control system with key-card access at the core doors between the
Convenience Stairs and the 

  
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Premises, provided that (x) Tenant, at Tenant’s sole cost and expense, shall connect such security and control system to the Building Class E System and (y) Tenant shall
provide Landlord with at least three (3) key cards to any such security system and update such key cards, at no cost or expense to Landlord, from time to time, if such update is necessary in order to permit such key cards to be operable. If
Tenant installs any manual lock(s) between the Convenience Stairs and the Premises, such manual lock(s) shall have a base building lockset which is keyed to the Building’s stair masterkey and sub-mastered
to Tenant’s key, or, at Tenant’s request, keyed alike. 
 ARTICLE 7 

REPAIRS; FLOOR LOAD 

Section 7.1. (A) Tenant, at Tenant’s sole cost and expense, shall take good care of the Premises and the fixtures, equipment and
appurtenances therein (including, without limitation, any supplemental air-conditioning equipment serving the Premises) and make all repairs thereto as and when needed to preserve them in good working order
and condition, except for (a) reasonable wear and tear, (b) obsolescence and (c) damage for which Tenant is not responsible pursuant to the provisions of Article 13 or any other applicable provision of this Lease, including,
without limitation, Landlord’s responsibilities with respect to Hazardous Materials and latent defects in Landlord’s Work. Except as otherwise provided in this Section 7.1, Tenant shall not be obligated to repair any
Building Systems or make any structural repairs or changes, except that Tenant shall maintain the fire and life safety system and its components (“Class E System”) within the Premises by entering into a
maintenance contract with the Building’s Class E System contractor (provided that Tenant shall be responsible for paying the cost thereof only to the extent such contract is competitively priced). The design and decoration of the elevator
areas of each floor of the Premises and the public corridors of any floor of the Premises occupied by more than one (1) occupant shall be under the sole control of Landlord. Notwithstanding any provision contained in this Lease to the contrary,
all damage or injury to the Premises, and all damage or injury to any other part of the Building (including the Terrace), or to its fixtures, equipment and appurtenances (including the Building Systems), whether requiring structural or non-structural repairs, caused by the moving of Tenant’s Property or caused by or resulting from any act or omission of, or Alterations made by, Tenant or Persons Within Tenant’s Control, shall be repaired
by Tenant, at Tenant’s sole cost and expense, to the reasonable satisfaction of Landlord (if the required repairs are non-structural in nature and do not affect any Building Systems), or by Landlord at
Tenant’s sole cost and expense (if the required repairs are structural in nature or affect any Building Systems). All of the aforesaid repairs shall be performed in a manner and with materials and design of first class and quality consistent
with first-class office buildings in the vicinity of the Building and shall be made in accordance with the provisions of Article 6. If Tenant shall fail, after five (5) Business Days’ notice (or such shorter period as may be
required because of an emergency), to proceed with due diligence to make repairs required to be made by Tenant, the same may be made by Landlord, at the expense of Tenant, and the expenses thereof incurred by Landlord, with interest thereon at the
Applicable Rate, shall be paid to Landlord, as Additional Rent, within thirty (30) days after rendition of a bill or statement therefor. Tenant shall give Landlord prompt notice of any defective condition in any Building Systems located in,
servicing or passing through the Premises. 

  
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 (B) In addition to the requirements set forth in Section 7.1(A),
Tenant shall perform such maintenance and testing of Tenant’s (x) fire alarm devices and (y) sprinkler devices as shall be required pursuant to all applicable Requirements (including, without limitation, the NYC Fire Code). Scheduling
of such maintenance and testing must be performed upon notice to and coordination with Landlord. If Tenant shall fail to so maintain its fire alarm devices and the same shall result in unnecessary or unwarranted activation of Tenant’s fire
alarm devices and/or any fines or other charges, Tenant shall pay any such fines or other charges imposed on Landlord or the Building in connection therewith upon demand, as Additional Rent. If Tenant shall fail to so maintain its sprinkler devices
and the same shall result in any fines or other charges imposed on Landlord or the Building in connection therewith, Tenant shall pay the same upon demand, as Additional Rent. 

Section 7.2. Tenant shall not place a load upon any floor of the Premises which exceeds the per square foot “live load” that
such floor was designed to carry. Tenant shall not locate or move any safe, heavy machinery, heavy equipment, business machines, freight, bulky matter or fixtures into or out of the Building without Landlord’s prior consent, which consent shall
not be unreasonably withheld, and Tenant shall make payment to Landlord of Landlord’s costs in connection therewith (if such move is not part of an Alteration). If such safe, machinery, equipment, freight, bulky matter or fixture requires
special handling (as reasonably determined by Landlord), Tenant shall employ only persons holding a Master Rigger’s license to do said work. All work in connection therewith shall comply with the Requirements, and shall be done during such
hours as Landlord may reasonably designate. Business machines and mechanical equipment shall be placed and maintained by Tenant, at Tenant’s expense, in settings sufficient, in Landlord’s reasonable judgment, to absorb and prevent
vibration, noise and annoyance. 
 Section 7.3. 

(A) Landlord shall operate, maintain and make all necessary repairs (both structural and
non-structural) to the Building Systems and the common areas and other public portions of the Building, both exterior and interior, in conformance with standards applicable to
non-institutional, first class office buildings in the vicinity of the Building, except for those repairs for which Tenant is responsible pursuant to any other provision of this Lease. Landlord shall have no
obligation to provide any service to the Terrace or to clean the same or to remove snow or ice from the Terrace. Notwithstanding the foregoing, if Landlord determines that snow or ice shall be removed from the Terrace for safety reasons or to
protect the structural integrity of the Terrace or the roof, Tenant shall afford Landlord access to the Terrace for such removal. Landlord shall use reasonable efforts to minimize interference with Tenant’s use and occupancy of the Premises in
making any repairs, alterations, additions or improvements; provided, however, that Landlord shall have no obligation to employ contractors or labor at so-called overtime or other premium pay
rates or to incur any other overtime costs in connection with such repairs, alterations, additions or improvements. Notwithstanding the foregoing, if Landlord’s repair (or the condition that Landlord is required to repair) (i) denies
Tenant from having reasonable access to the Premises, (ii) would endanger the health or safety of any occupant of the Premises, or (iii) materially interferes with Tenant’s ability to conduct its business in the Premises during
Tenant’s ordinary business hours, Landlord shall employ contractors or labor at so-called overtime or other premium pay rates or incur other overtime costs in making such repairs, alterations, additions
or improvements at Landlord’s cost, or in the 

  
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 case of other repairs if Tenant shall so request, provided Tenant shall pay to Landlord, as Additional Rent,
within thirty (30) days after demand therefor, an amount equal to the excess costs incurred by Landlord by reason of compliance with Tenant’s request. Except as expressly provided in this Lease, there shall be no allowance to Tenant for a
diminution of rental value and no liability on the part of Landlord by reason of inconvenience, annoyance or injury to business arising from Landlord, Tenant or others making, or failing to make, any repairs, alterations, additions or improvements
in or to any portion of the Building or the Premises, or its fixtures, appurtenances or equipment. 
 (B) Subject to the terms of this
Section 7.3 and except if in connection with or resulting from a Tenant Delay, an Unavoidable Delay, a fire or other casualty, condemnation or any event referred to in the penultimate sentence of this
Section 7.3(B), if by reason of (i) Landlord’s failure to provide the services required to be provided by Landlord pursuant to the terms of this Lease, (ii) Landlord’s failure to perform Landlord’s
covenants hereunder to repair and maintain the Building or (iii) Landlord’s performance of repairs, alterations or improvements in the Building, Tenant shall be unable to operate Tenant’s business in the Premises (or a portion
thereof) in substantially the same manner that Tenant conducted its business prior to such event (and provided that Tenant is not occupying the Premises or such applicable portion thereof) for at least five (5) consecutive Business Days
following the receipt by Landlord of written notice from Tenant of Tenant’s inability to so operate due to such event, the Fixed Rent and the Escalation Rent thereafter coming due hereunder shall be abated as to the portions of the Premises
that are unusable, determined on a per square foot basis, through the date that the applicable portion of the Premises becomes usable. If more than fifty percent (50%) of a floor of the Premises is so unusable for at least five (5) consecutive
Business Days following the receipt by Landlord of written notice from Tenant of Tenant’s inability to so operate by reason of the event described in this Section 7.3(B) and Tenant is not using such floor for the
ordinary conduct of business, the entire floor shall be deemed unusable and the Fixed Rent and Escalation Rent shall abate on the entire floor. If (x) Tenant is entitled to a credit against Rental pursuant to this
Section 7.3(B), and (y) the Expiration Date occurs prior to the date that such credit is exhausted, then Landlord shall pay to Tenant the unused portion of such credit on or prior to the thirtieth (30th) day after the
Expiration Date (and Landlord’s obligation to make such payment shall survive the Expiration Date). Nothing contained in this Section 7.3(B) shall be deemed to grant Tenant any rent abatement for an interruption in or
stoppage of any service or in electricity to the Premises arising by reason of any cause emanating from outside the Building (including a failure by the electric service provider to supply electricity to the Building, other than as a result of a
failure by Landlord timely to pay bills rendered to Landlord by the electric service provider or other negligence or willful misconduct of Landlord). For the avoidance of doubt, this Section 7.3(B) shall not apply with
respect to the Terrace (and Tenant shall not be entitled to any rent abatement with respect thereto). 

  
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 ARTICLE 8 

WINDOW CLEANING 

Section 8.1. Tenant shall not clean, nor require, permit, suffer or allow any window in the Premises to be cleaned, from the outside in
violation of Section 202 of the Labor Law, or any other applicable law, or of the rules of the Board of Standards and Appeals, or of any other board or body having or asserting jurisdiction. 

ARTICLE 9 
 REQUIREMENTS OF LAW

 Section 9.1. Tenant shall not do, and shall not permit Persons Within Tenant’s Control to do, any act or thing in or upon
the Premises or the Building which will invalidate or be in conflict with the certificate of occupancy for the Premises or the Building or violate any Requirements. Tenant shall, at Tenant’s sole cost and expense, take all action, including
making any required Alterations necessary to comply with all Requirements (including, but not limited to, applicable terms of Local Laws No. 5 of 1973, No. 16 of 1984, No. 76 of 1985, No. 58 of 1987 and the Americans With
Disabilities Act of 1990 (the “ADA”), each as modified and supplemented from time to time) which shall impose any violation, order or duty upon Landlord or Tenant arising from, or in connection with, the Premises, Tenant’s
occupancy, use or manner of use of the Premises (including, without limitation, any occupancy, use or manner of use that constitutes a “place of public accommodation” under the ADA), or any installations in the Premises, or required by
reason of a breach of any of Tenant’s covenants or agreements under this Lease, whether or not such Requirements shall now be in effect or hereafter enacted or issued, and whether or not any work required shall be ordinary or extraordinary or
foreseen or unforeseen at the date hereof. Notwithstanding the preceding sentence, Tenant shall not be obligated to perform any Alterations necessary to comply with any Requirements, unless compliance shall be required by reason of (i) any
cause or condition arising out of any Alterations or installations in the Premises (whether made by Tenant or by Landlord on behalf of Tenant) other than Landlord’s Work, or (ii) Tenant’s particular use, manner of use or occupancy on
behalf of Tenant of the Premises (as opposed to mere office use), or (iii) any breach of any of Tenant’s covenants or agreements under this Lease, or (iv) any wrongful act or omission by Tenant or Persons Within Tenant’s Control,
or (v) Tenant’s use or manner of use or occupancy of the Premises as a “place of public accommodation ” within the meaning of the ADA, in which event Tenant’s obligation to perform any Alteration by reason of this clause
(v) shall apply only to the Premises. Notwithstanding the foregoing or any other provision of this Lease to the contrary, Tenant shall comply with all Laws enacted after the Commencement Date with respect to all restrooms located in the
Premises (whether or not any such restroom is existing as of the date of this Lease and whether or not Tenant has retrofitted or altered the same) and with respect to all elevator lobbies serving any full floor of the Premises (whether or not Tenant
has retrofitted or altered any such elevator lobby); such compliance shall include the making of any Alterations that may be required by any such Laws. Landlord shall comply with all Laws with respect to all restrooms located in the Premises
(whether or not any such restroom is existing as of the date of this Lease and whether or not Landlord has retrofitted or altered the same) and with respect to all elevator lobbies serving any full floor of the Premises (whether or not Landlord has
retrofitted or altered any such elevator lobby) in connection with Landlord’s Work. 
 Section 9.2. Tenant covenants and agrees
that Tenant shall, at Tenant’s sole cost and expense, comply at all times with all Requirements governing the use, generation, storage, treatment and/or disposal of any Hazardous Materials (as defined below), the presence of which results from
or in connection with the act or omission of Tenant or Persons Within Tenant’s 

  
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 Control or the breach of this Lease by Tenant or Persons Within Tenant’s Control. The term
“Hazardous Materials” shall mean any biologically or chemically active or other toxic or hazardous wastes, pollutants or substances, including, without limitation, asbestos, PCBs, petroleum products and by-products, substances defined or listed as “hazardous substances” or “toxic substances” or similarly identified in or pursuant to the Comprehensive Environmental Response, Compensation and
Liability Act, 42 U.S.C. § 9601 et seq., and as hazardous wastes under the Resource Conservation and Recovery Act, 42 U.S.C. § 6010, et seq., any chemical substance or mixture regulated under the Toxic Substance Control Act
of 1976, as amended, 15 U.S.C. § 2601, et seq., any “toxic pollutant” under the Clean Water Act, 33 U.S.C. § 466 et seq., as amended, any hazardous air pollutant under the Clean Air Act, 42 U.S.C. § 7401 et
seq., hazardous materials identified in or pursuant to the Hazardous Materials Transportation Act, 49 U.S.C. § 1802, et seq., and any hazardous or toxic substances or pollutant regulated under any other Requirements. Tenant shall
agree to execute, from time to time, at Landlord’s request, affidavits, representations and the like concerning Tenant’s best knowledge and belief regarding the presence of Hazardous Materials in, on, under or about the Premises, the
Building or the Land. Tenant shall indemnify and hold harmless all Indemnitees from and against any loss, cost, damage, liability or expense (including attorneys’ fees and disbursements) arising by reason of any clean up, removal, remediation,
detoxification action or any other activity required or recommended of any Indemnitees by any Government Authority by reason of the presence in or about the Building or the Premises of any Hazardous Materials, as a result of or in connection with
the act or omission of Tenant or Persons Within Tenant’s Control or the breach of this Lease by Tenant or Persons Within Tenant’s Control. The foregoing covenants and indemnity shall survive the expiration or any termination of this Lease.

 Section 9.3. If Tenant shall receive notice of any violation of, or defaults under, any Requirements, liens or other encumbrances
applicable to the Building or the Premises, Tenant shall give prompt notice thereof to Landlord. 
 Section 9.4. If any governmental
license or permit shall be required for the proper and lawful conduct of Tenant’s business and if the failure to secure such license or permit would, in any way, affect Landlord or the Building, then Tenant, at Tenant’s expense, shall
promptly procure and thereafter maintain, submit for inspection by Landlord, and at all times comply with the terms and conditions of, each such license or permit. 

Section 9.5. Tenant, at Tenant’s sole cost and expense and after notice to Landlord, may contest, by appropriate proceedings
prosecuted diligently and in good faith, the legality or applicability of any Requirement affecting the Premises provided that: (a) neither Landlord nor any Indemnitees shall be subject to criminal penalties, nor shall the Real Property or any
part thereof be subject to being condemned or vacated, nor shall the certificate of occupancy for the Premises or the Building be suspended or threatened to be suspended, by reason of non-compliance or by
reason of such contest; (b) before the commencement of such contest, if Landlord or any Indemnitees may be subject to any civil fines or penalties or if Landlord may be liable to any independent third party as a result of such non-compliance, then Tenant shall furnish to Landlord either (i) a bond of a surety company satisfactory to Landlord, in form and substance reasonably satisfactory to Landlord, and in an amount at least equal
to Landlord’s estimate of the sum of (A) the cost of such compliance, (B) the penalties or fines that may accrue by reason of such non-compliance (as reasonably estimated by Landlord) and
(C) the amount of 

  
 35 

 such liability to independent third parties, and shall indemnify Landlord (and any Indemnitees) against the
cost of such compliance and liability resulting from or incurred in connection with such contest or non-compliance; or (ii) other security satisfactory in all respects to Landlord; (c) such non-compliance or contest shall not constitute or result in a violation (either with the giving of notice or the passage of time or both) of the terms of any Mortgage or Superior Lease, or if such Superior Lease or
Mortgage conditions such non-compliance or contest upon the taking of action or furnishing of security by Landlord, such action shall be taken or such security shall be furnished at the expense of Tenant; and
(d) Tenant shall keep Landlord regularly advised as to the status of such proceedings. 
 Section 9.6. Tenant acknowledges that
prior to the date of this Lease, Landlord has delivered to Tenant a true and correct Form ACP-5 certificate and a true and correct Form ACP-21 certificate with respect
to the Premises. 
 Section 9.7. If during the Term, asbestos or asbestos containing materials (collectively, “ACM”)
or Currently Hazardous Materials are discovered in the Premises in violation of any Laws, and such ACM or Currently Hazardous Materials were not introduced to the Premises by or on behalf of Tenant or Persons Within Tenant’s Control, Landlord
shall promptly, at its own cost, remove, abate, encapsulate, or otherwise remediate any such ACM or Currently Hazardous Materials in compliance with all applicable Laws. The term “Currently Hazardous Materials” means any materials
defined and characterized as of the date of this Lease as Hazardous Materials and which are required, pursuant to Requirements in effect on the date of this Lease, to be remediated. 

ARTICLE 10 
 SUBORDINATION

 Section 10.1. This Lease shall be subject and subordinate to each Superior Lease and to each Mortgage, whether made prior to or
after the execution of this Lease, and to all renewals, extensions, supplements, amendments, modifications, consolidations and replacements thereof or thereto, substitutions therefor, and advances made thereunder. This clause shall be self-operative
and no further agreement of subordination shall be required to make the interest of any Lessor superior to the interest of Tenant hereunder. In confirmation of such subordination, however, Tenant shall promptly execute and deliver, at its own cost
and expense, any document, in recordable form if requested, that Landlord or any Lessor may request to evidence such subordination; and if Tenant fails to execute, acknowledge or deliver any such document within five (5) days after request
therefor, Tenant hereby irrevocably constitutes and appoints Landlord as Tenant’s attorney-in-fact, coupled with an interest, to execute, acknowledge and deliver
any such document for and on behalf of Tenant. The foregoing subordination with respect to any Mortgage placed on the Real Property following the date of this Lease is conditioned upon any such Mortgagee executing such Mortgagee’s standard form
of subordination and non-disturbance agreement (so long as such form is commercially reasonable), or, in the event such form is not commercially reasonable, a commercially reasonable subordination and non-disturbance agreement. Landlord and Tenant agree that the form of subordination and non-disturbance agreement annexed hereto as Schedule K is a commercially
reasonable form. Upon written request from Landlord, Tenant shall execute such commercially reasonable subordination and 

  
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 non-disturbance agreement in favor of any Mortgagee within ten
(10) Business Days following Landlord’s written request, which request shall enclose the commercially reasonable subordination and non-disturbance agreement; and Tenant hereby agrees that if Tenant
fails to execute, acknowledge or deliver any such document within such ten (10) Business Day period, this Lease shall, upon the expiration such ten (10) Business Day period, be automatically subject and subordinate to the Mortgage with
respect to which the request for Tenant’s execution of a subordination and non-disturbance agreement has been made, and in such case this clause shall be self-operative and no further agreement of
subordination shall be required to make the interest of such Mortgagee superior to the interest of Tenant hereunder. Tenant shall not do anything that would constitute a default under any Superior Lease or Mortgage, 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 Real Property, the Building or the interest of the lessee under any Superior Lease, or if, in
connection with the entering into of a Superior Lease, any lending institution or Lessor, as the case may be, requests reasonable modifications of this Lease that do not increase rent or change the Term of this Lease, or materially and adversely
affect the rights or obligations of Tenant under this Lease, Tenant shall make such modifications. 
 Section 10.2. If, at any time
prior to the expiration of the Term, any Superior Lease shall terminate or shall be terminated for any reason, or any Mortgagee comes into possession of the Real Property or the Building or the estate created by any Superior Lease by receiver or
otherwise, Tenant shall attorn, from time to time, to any such owner, Lessor 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. In the event that a subordination and non-disturbance agreement is not entered into between Tenant and such owner, Lessor, Mortgagee or person acquiring the interest of Landlord, then
such attornment shall be upon the then executory terms and conditions of this Lease (except as provided below), for the remainder of the Term, provided that such owner, Lessor or Mortgagee, as the case may be, or receiver caused to be appointed by
any of the foregoing, is then entitled to possession of the Premises, and any such attornment shall be made upon the condition that no such owner, Lessor or Mortgagee shall be: 

(1) liable in any way for any act, omission, neglect or default of any prior landlord (including, without limitation, the then defaulting
landlord), except to the extent that (x) such act or omission continues after the date that the successor succeeds to Landlord’s interest in the Real Property or the Building, and (y) such act or omission of such prior landlord is of
a nature that the successor can cure by performing a service or making a repair or is otherwise required to be made pursuant to this Lease; or 

(2) subject to any claim, defense, abatement, counterclaim or offsets which Tenant may have against any prior landlord (including, without
limitation, the then defaulting landlord), provided that the foregoing shall not be construed to prevent Tenant from obtaining the cure of a default or breach of this Lease occurring prior to the date the successor succeeds to the interest of
Landlord which continues after such succession and is of a nature that it may be cured by performing a service, making a repair or is otherwise required to be made pursuant to this Lease; or 

  
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 (3) bound by any payment of Rental which Tenant might have paid for more than one month in
advance of the due date under the Lease to any prior landlord (including, without limitation, the then defaulting landlord); or 
 (4) bound
by any obligation to make any payment to Tenant which was required to be made prior to the time such owner, Lessor or Mortgagee succeeded to any prior landlord’s interest; or 

(5) accountable for any monies deposited with any prior landlord (including security deposits), except to the extent such monies are actually
received by such owner, Lessor or Mortgagee; or 
 (6) bound by any surrender or termination of this Lease (other than as expressly provided
for in this Lease) made without the consent of such owner, Lessor or Mortgagee, or any amendment or modification of this Lease made without the consent of such owner, Lessor or Mortgagee, other than those amendments or modifications entered into as
a result of Tenant’s exercise of any option contained in this Lease, provided such amendments or modifications contain no changes to this Lease other than those expressly related to such option as set forth in this Lease; or 

(7) bound by any obligation (i) to pay Tenant any sum(s) that Landlord owed to Tenant unless such sums, if any, shall have been delivered
to such Lessor or Mortgagee by way of an assumption of escrow accounts or otherwise; (ii) with respect to any security deposited with Landlord, unless such security was actually delivered to such Lessor or Mortgagee; (iii) to commence or
complete any initial construction of improvements in the Premises or any expansion or rehabilitation of existing improvements thereon, subject to any right or alleged right of Tenant to any offset, defense (other than one arising from actual payment
and performance), claim, counterclaim, reduction, deduction, or abatement against Tenant’s payment of Rent or performance of Tenant’s other obligations under this Lease, arising (whether under the Lease or under applicable law) from
Landlord’s breach or default under this Lease, provided that such Lessor or Mortgagee shall have no obligation to perform such construction; (iv) to reconstruct or repair improvements following a fire, casualty or condemnation, provided that
Tenant shall be entitled to its remedies under Article 13 and Article 14 of this Lease for such Lessor’s or Mortgagee’s failure to do so, except that such Lessor or Mortgagee shall not be required to make any payment to
Tenant for any unused credit against Rental, which may be owed due to the Expiration Date occurring prior to the date that such credit is exhausted; or (v) to perform
day-to-day maintenance and repairs; provided, however, that so long as no Event of Default is continuing, such Lessor or Mortgagee will perform the day to day
maintenance and repair obligations of the Landlord under, and in accordance with, the terms of this Lease to the extent such obligations arise from and after the date that such Lessor or Mortgagee becomes owner of the Real Property and Tenant
attorns to such Lessor or Mortgagee as described above. 
 The provisions of this Section 10.2 shall inure to the benefit of any
such owner, Lessor or Mortgagee, shall apply notwithstanding that, as a matter of law, this Lease may terminate upon the termination of any such Superior Lease or foreclosure of any Mortgage (to the extent a subordination and non-disturbance agreement has not been executed), and shall be self-operative upon any such demand, and no further agreement shall be required to give effect to said 

  
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 provisions. Tenant, however, upon demand of any such owner, Lessor or Mortgagee, shall execute, from time to
time, agreements in confirmation of the foregoing provisions of this Section 10.2, satisfactory to any such owner, Lessor or Mortgagee, and acknowledging such attornment and setting forth the terms and conditions of its
tenancy. Nothing contained in this Section 10.2 shall be construed to impair any right otherwise exercisable by any such owner, Lessor or Mortgagee. 

Section 10.3. Intentionally omitted. 

Section 10.4. At any time and from time to time within ten (10) days after notice to Tenant or Landlord given by the other, or to
Tenant given by a Lessor or Mortgagee (which ten (10) day period is not subject to any notice and cure periods otherwise provided in this Lease), Tenant or Landlord, as the case may be, shall, without charge, execute, acknowledge and deliver a
statement in writing addressed to such party as Tenant, Landlord, Lessor or Mortgagee, as the case may be, may designate, in form satisfactory to Tenant, Landlord, Lessor or Mortgagee, as the case may be, certifying all or any of the following:
(i) that this Lease is unmodified and in full force and effect (or if there have been modifications, that this Lease is in full force and effect as modified and stating the modifications); (ii) whether the Term has commenced and Fixed Rent and
Additional Rent have become payable hereunder and, if so, the dates to which they have been paid; (iii) whether or not, to the best knowledge of the signer of such certificate, Landlord is in default in performance of any of the terms of this
Lease and, if so, specifying each such event of default of which the signer may have knowledge; (iv) whether Tenant has accepted possession of the Premises; (v) whether Tenant has made any claim against Landlord under this Lease and, if
so, the nature thereof and the dollar amount, if any, of such claim; (vi) either that Tenant does not know of any default in the performance of any provision of this Lease or specifying the details of any default of which Tenant may have
knowledge and stating what action Tenant is taking or proposes to take with respect thereto; (vii) that, to the knowledge of Tenant, there are no proceedings pending or threatened against Tenant before or by any court or administrative agency
which, if adversely decided, would materially and adversely affect the financial condition or operations of Tenant or, if any such proceedings are pending or threatened to the knowledge of Tenant, specifying and describing the same; and
(viii) such further information with respect to this Lease or the Premises as Landlord may reasonably request or Lessor or Mortgagee may require; it being intended that any such statement delivered pursuant hereto may be relied upon by any
prospective purchaser of the Real Property or any part thereof or of the interest of Landlord in any part thereof, by any Mortgagee or prospective Mortgagee, by any Lessor or prospective Lessor, by any tenant or prospective tenant of the Real
Property or any part thereof, or by any prospective assignee of any Mortgage or by any assignee of Tenant. 
 The failure of either Tenant or Landlord to
execute, acknowledge and deliver to the other a statement in accordance with the provisions of this Section 10.4 within said ten (10) day period shall constitute an acknowledgment by Tenant or Landlord, as the case may
be, which may be relied on by any person who would be entitled to rely upon any such statement, that such statement as submitted by Landlord or Tenant, as the case may be, is true and correct. 

Section 10.5. In the event of a default by Landlord under this Lease which would give Tenant the right, immediately or after the lapse of
a period of time, to cancel or terminate this Lease or to claim a partial or total eviction, or in the event of any other act or omission of 

  
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 Landlord which would give Tenant the right to cancel or terminate this Lease, Tenant shall not exercise such
right until Tenant has given written notice of such default, act or omission to the Lessor or Mortgagee and the Lessor or Mortgage has failed to cure the default, act or omission giving rise to the cancellation or termination within the time period
as Landlord may be entitled to under this Lease plus a reasonable additional period, not to exceed sixty (60) days; provided, however, in the case of a non-monetary default, if such non-monetary default cannot be cured within such time period or cannot be cured until after the Lessor or Mortgagee obtains possession of the Real Property, then, provided the Lessor or Mortgagee gives notice to
Tenant of its intent to so cure and commences such cure or commences proceedings under the Superior Lease or Mortgage during such cure period and thereafter diligently prosecutes such cure to completion, such cure period shall be extended as
necessary to enable the Lessor or Mortgagee to effectuate such cure. 
 Section 10.6. Landlord represents that as of the date of this
Lease there is no Superior Lease affecting the Real Property, and the only Mortgages encumbering the Real Property are (i) that certain Consolidated, Amended and Restated Term Loan Mortgage, Assignment of Leases and Rents and Security
Agreement, dated as of February 6, 2015, by Landlord, as borrower, in favor of Natixis Real Estate Capital LLC, as lender (the “Existing Mortgagee”) and (ii) that certain Building Loan Mortgage, Assignment of Leases and
Rents and Security Agreement, dated as of February 6, 2015, by Landlord, as borrower, in favor of the Existing Mortgagee. 

Section 10.7. Landlord shall obtain from the Existing Mortgagee a non-disturbance agreement in
the form annexed hereto as Schedule K. With respect to any Superior Lease or Mortgage placed on the Real Property following the date of this Lease, in no event shall the failure of any such Lessor or Mortgagee, as applicable, to execute,
acknowledge and deliver to Tenant a subordination and non-disturbance agreement be considered a default by Landlord, give rise to any right or remedy of Tenant, create any liability of Landlord to Tenant, or
affect this Lease in any manner. The only result of such failure shall be that this Lease shall not be subordinate to the applicable Superior Lease or Mortgage. Landlord shall not be obligated to incur any costs or to institute litigation to obtain
any such non-disturbance agreement. 
 Section 10.8. Landlord shall use “commercially
reasonable efforts ” (as defined below) to obtain from any Lessor a non-disturbance agreement in the form customarily used by such Mortgagee (or such Lessor, as applicable) providing in substance that, so
long as Tenant shall not then be in default in the performance of any of its obligations under this Lease beyond any applicable periods of notice and cure, Tenant’s possession of the Premises in accordance with this Lease shall not be disturbed
by such Lessor or any successor or purchaser at a foreclosure sale (as the case may be) which shall succeed to the rights of Landlord under this Lease. For purposes of this Section 10.8, “commercially reasonable
efforts” shall mean that Landlord made one written request of the applicable Lessor to deliver the non-disturbance agreement and has followed up such written request with two telephonic inquiries of such
Lessor. Landlord shall not be obligated to incur any costs or to institute litigation to obtain such non-disturbance agreement. 

  
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 ARTICLE 11 

RULES AND REGULATIONS 

Section 11.1. Tenant and Persons Within Tenant’s Control shall comply with the Rules and Regulations. Nothing contained in this
Lease shall be construed to impose upon Landlord any duty or obligation to enforce the Rules and Regulations or the terms, covenants or conditions in any other lease against any other tenant, and Landlord shall not be liable to Tenant for violation
of the same by any other tenant, its employees, agents, visitors or licensees. Landlord shall not discriminate against Tenant in enforcing the Rules and Regulations. In case of any conflict or inconsistency between the provisions of this Lease and
of any of the Rules and Regulations as originally or as hereafter adopted, the provisions of this Lease shall control. 
 ARTICLE 12 

INSURANCE, PROPERTY LOSS OR DAMAGE; REIMBURSEMENT 

Section 12.1. 
 (A) No
Tenant shall entrust any property to any Building employee. Any Building employee to whom any property is entrusted by or on behalf of Tenant in violation of the foregoing prohibition shall be deemed to be acting as Tenant’s agent with respect
to such property and neither Landlord nor its agents shall be liable for any damage to property of Tenant or of others entrusted to employees of the Building, nor for the loss of or damage to any property of Tenant by theft or otherwise. Landlord
and Landlord’s agents shall not be liable for any damage to any of Tenant’s Property, Alterations or leasehold improvements (including, without limitation, Landlord’s Initial Alterations Work) or for interruption of Tenant’s
business, however caused, including but not limited to damage caused by other tenants or persons in the Building. Landlord shall not be liable for any latent defect in the Premises or in the Building. 

(B) If at any time any windows of the Premises are temporarily closed, darkened or covered for any reason, including Landlord’s own acts,
or if any such windows are permanently closed, darkened or covered by reason of any Requirements, Landlord shall not be liable for any damage Tenant may sustain thereby, and Tenant shall not be entitled to any compensation therefor nor abatement of
Fixed Rent or any other item of Rental, nor shall the same release Tenant from Tenant’s obligations hereunder nor constitute an eviction. 

(C) Tenant shall give notice to Landlord promptly after Tenant learns of any accident, emergency, occurrence for which Landlord might be
liable, fire or other casualty and all damages to or defects in the Premises or the Building for the repair of which Landlord might be responsible or which constitutes Landlord’s property. 

Section 12.2. Tenant shall not do or permit to be done any act or thing in or upon the Premises which will invalidate or be in conflict
with the terms of the New York State standard policies of fire insurance and liability (hereinafter referred to as “Building Insurance”); and Tenant, at Tenant’s own expense, shall comply with all rules, orders, regulations and
requirements of all insurance boards, and shall not do or permit anything to be done in or upon the Premises or bring or keep anything therein or use the Premises in a manner which increases the rate of premium for any of the Building Insurance over
the rate in effect at the commencement of the Term of this Lease. 

  
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 Section 12.3. If by reason of any failure of Tenant to comply with the provisions of
this Lease, the rate of premium for Building Insurance or other insurance on the property and equipment of Landlord shall increase, Tenant shall reimburse Landlord for that part of the insurance premiums thereafter paid by Landlord which shall have
been charged because of such failure by Tenant. Tenant shall make said reimbursement on the first day of the month following such payment by Landlord. 

Section 12.4. 
 (A) Tenant,
at Tenant’s sole cost and expense, shall obtain, maintain and keep in full force and effect during the Term commercial general liability insurance (without deductible), in a form approved in New York State, covering (i) Tenant’s
liability with respect to any construction that Tenant may perform in connection with the Premises; (ii) Tenant’s liability for occupation and use of the Premises; and (iii) its contractual liability under this Lease to the extent
insurable under a standard ISO CGL policy. The limits of liability shall be not less than Five Million and 00/100 Dollars ($5,000,000.00) per occurrence, and in the aggregate and may be satisfied with any combination of primary and excess liability
insurance so long as excess policies follow-form with the primary insurance provisions. Landlord, the Manager, any Lessors and any Mortgagees shall be included as additional insureds in said policies and shall be protected against all liability
arising in connection with this Lease. All said policies of insurance shall be written as “occurrence” policies with general aggregate limit provided on a “per location” basis. Whenever, in Landlord’s reasonable judgment,
good business practice and changing conditions indicate a need for additional amounts or different types of insurance coverage, Tenant shall, within ten (10) days after Landlord’s request, obtain such insurance coverage, at Tenant’s
expense, provided that prudent landlords of first-class office buildings similar to the Building in the vicinity of the Building are generally requiring such amounts or types of insurance coverage. 

(B) Tenant, at Tenant’s sole cost and expense, shall obtain, maintain and keep in full force and effect during the Term: 

(i) “Special Form” (formerly known as “All Risk”) insurance, with deductibles in an amount reasonably satisfactory to
Landlord, protecting any and all damage to or loss of any Alterations and leasehold improvements, including any made by Landlord to prepare the Premises and the Terrace for Tenant’s occupancy (including, without limitation, Landlord’s
Initial Alterations Work), and Tenant’s Property. Such insurance shall extend to cover terrorism as defined by the Terrorism Risk Program Reauthorization Act. All said policies shall cover the full replacement value of all Alterations,
leasehold improvements and Tenant’s Property; and 
 (ii) Business interruption insurance (including “Extra Expense”) fully
compensating for the amount of Fixed Rent, additional rent and other charges owed to Landlord by Tenant for a period of not less than twelve (12) months. The coverage shall be “All Risk” as stated in clause (i) above. 

  
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 (C) Workers’ compensation and occupational disease insurance and any other insurance
in the statutory amounts required by the laws of the State of New York with broad form all-states endorsement, and employer’s liability insurance with a limit of One Million and 00/100 ($1,000,000.00)
Dollars for each accident. 
 (D) All policies of insurance shall be: (i) written as primary policy coverage and not calling upon any
other insurance procured by Landlord or any Lessor for defense, payment or contribution for loss or damage contractually obligated to indemnify under this Agreement; and (ii) issued by insurance companies rated in Best’s Insurance Guide or
any successor thereto (or, if there is none, an organization having a national reputation), as having a general policyholder rating of “A” and a financial rating of at least “X”, and which are legally authorized to do business in
the State of New York. Tenant shall, not later than ten (10) Business Days prior to the Commencement Date, deliver to Landlord the policies of insurance or Acord 25 certificate of insurance evidencing all coverage required under this Lease and
shall thereafter furnish to Landlord, at least thirty (30) days prior to the expiration of any such policies and any renewal thereof, a new policy in lieu thereof or Acord 25 certificate of insurance evidencing all coverage required under this
Lease. Tenant shall endeavor to provide in each of said policies a provision whereby the insurer agrees not to cancel, fail to renew, diminish or materially modify said insurance policy(ies) without having given Tenant, Landlord, the Manager and any
Lessors and Mortgagees at least thirty (30) days prior written notice thereof. Tenant shall promptly send to Landlord and the Manager a copy of all notices sent to Tenant by Tenant’s insurer. 

(E) Tenant shall pay all premiums and charges for all of said policies, and, if Tenant shall fail to make any payment when due or carry any
such policy, Landlord may, but shall not be obligated to, make such payment or carry such policy, and the amount paid by Landlord, with interest thereon (at the Applicable Rate), shall be repaid to Landlord by Tenant on demand, and all such amounts
so repayable, together with such interest, shall be deemed to constitute Additional Rent hereunder. Payment by Landlord of any such premium, or the carrying by Landlord of any such policy, shall not be deemed to waive or release the default of
Tenant with respect thereto. 
 Section 12.5. 

(A) Landlord, shall at all times during the Term of this Lease, procure and continue in force (i) commercial general liability insurance
covering the common areas of the Building, at limits no less than those required by Landlord’s mortgagee (or if Landlord does not have a mortgagee, at limits no less than those provided by prudent landlords of similar properties in Manhattan)
and, (ii) Special Form “All Risk” property insurance covering the full replacement cost of the Building and Landlord’s property therein (including improvements and betterments not otherwise the responsibility of Tenant as
outlined hereinto) with no coinsurance limitation and including all coverages and perils as required by Landlord’s mortgagee (or if Landlord does not have a mortgagee, at limits no less than those provided by prudent landlords of similar
properties in Manhattan). 

  
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 (B) Landlord shall cause each policy carried by Landlord insuring the Building against
loss, damage or destruction by fire or other casualty, and Tenant shall cause each insurance policy carried by Tenant and insuring the Premises and the Terrace and Tenant’s Alterations, leasehold improvements (including, without limitation,
Landlord’s Initial Alterations Work) and Tenant’s Property against loss, damage or destruction by fire or other casualty, to be written in a manner so as to provide that the insurance company waives all rights of recovery by way of
subrogation against Landlord, Tenant and any tenant of space in the Building in connection with any loss or damage covered by any such policy. Neither party shall be liable to the other for the amount of such loss or damage including any applicable
deductible or self-insured retention caused by fire or any of the risks enumerated in its policies, provided that such waiver was obtainable at the time of such loss or damage. If the release of either Landlord or Tenant, as set forth in the second
sentence of this Section 12.5, shall contravene any law with respect to exculpatory agreements, the liability of the party in question shall be deemed not released, but no action or rights shall be sought or enforced
against such party unless and until all rights and remedies against the other’s insurer are exhausted and the other party shall be unable to collect such insurance proceeds. The waiver of subrogation referred to in this
Section 12.5(B) shall extend to the agents and employees of each party (including, as to Landlord, the Manager). 

ARTICLE 13 
 DESTRUCTION BY
FIRE OR OTHER CAUSE 
 Section 13.1. If the Premises or any part thereof shall be damaged by fire or other casualty, Tenant shall
give prompt written notice thereof to Landlord. Landlord shall, subject to the provisions of Sections 13.2 and 13.3 below, proceed with reasonable diligence, after receipt of the net proceeds of insurance, to repair or cause to be
repaired such damage at its expense, but in no event shall Landlord be obligated to repair any damage to or to restore any of Tenant’s leasehold improvements or Alterations (including, without limitation, Landlord’s Initial Alterations
Work), whether initially installed by Landlord or Tenant. Tenant shall repair and restore in accordance with Article 6 and with reasonable dispatch all leasehold improvements and Alterations (including, without limitation, Landlord’s
Initial Alterations Work) made by or for Tenant in the Premises. If the Premises, or any part thereof, shall be rendered untenantable by reason of such damage, then the Fixed Rent and the Escalation Rent hereunder, or an amount thereof apportioned
according to the area of the Premises so rendered untenantable (if less than the entire Premises shall be so rendered untenantable), shall be abated for the period from the date of such damage to the date when the repair of such damage shall have
been substantially completed. Notwithstanding any provisions contained in this Lease to the contrary, there shall be no abatement with respect to any portion of the Premises which has not been so damaged and which is usable for the normal conduct of
Tenant’s business (and no abatement shall be applicable to the Terrace), provided, however, that if more than fifty percent (50%) of a floor of the Premises is so unusable and Tenant in its reasonable judgment cannot operate its
business in the remainder of such floor that is usable, the entire floor shall be deemed unusable and the Fixed Rent and Escalation Rent shall abate on the entire floor. Any dispute as to whether Tenant cannot operate its business in the remainder
of such floor shall be determined by expedited arbitration commenced by either party in accordance with Article 43 of this Lease. Landlord’s determination of the date when the Premises are tenantable shall be controlling unless Tenant
disputes the same by notice to Landlord given within ten (10) Business Days after such 

  
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 determination by Landlord, and pending resolution of such dispute, Tenant shall commence the payment of the
Fixed Rent and the Escalation Rent that had been abated, as of the date specified by Landlord. Tenant covenants and agrees to cooperate with Landlord and any Lessor or any Mortgagee in their efforts to collect insurance proceeds (including rent
insurance proceeds) payable to such parties. Landlord shall not be liable for any delay which may arise by reason of adjustment of insurance on the part of Landlord and/or Tenant, or any other cause beyond the control of Landlord or contractors
employed by Landlord. 
 Section 13.2. Landlord shall not be liable for any inconvenience or annoyance to Tenant or injury to the
business of Tenant resulting in any way from damage from fire or other casualty or the repair thereof. Tenant understands that Landlord, in reliance upon Section 12.4, will not carry insurance of any kind on Tenant’s
Property, Tenant’s Alterations and on leasehold improvements (including, without limitation, Landlord’s Initial Alterations Work), and that Landlord shall not be obligated to repair any damage thereto or replace the same. In the event of a
partial or total destruction of the Premises, Tenant shall as soon as practicable remove any and all of Tenant’s Property from the Premises or the portion thereof destroyed (and Tenant shall remove any Tenant’s Property from the Terrace if
requested by Landlord in connection therewith), as the case may be, and if Tenant does not promptly so remove Tenant’s Property, Landlord may discard the same after giving Tenant ten (10) Business Days prior notice of the same or may
remove Tenant’s Property to a public warehouse for deposit or retain the same in its own possession and at its discretion may sell the same at either public auction or private sale, the proceeds of which shall be applied first to the expenses
of removal, storage and sale, second to any sums owed by Tenant to Landlord, with any balance remaining to be paid to Tenant; if the expenses of such removal, storage and sale shall exceed the proceeds of any sale, Tenant shall pay such excess to
Landlord upon demand. 
 Section 13.3. 

(A) Notwithstanding anything to the contrary contained in Sections 13.1 and 13.2 above, in the event that: 

(i) at least one-third of the RSF of the Building shall be damaged by fire or other casualty so that
substantial alteration or reconstruction of the Building shall, in Landlord’s sole opinion, be required (whether or not the Premises shall have been damaged by fire or other casualty and without regard to the structural integrity of the
Building); or 
 (ii) the Premises shall be totally or substantially damaged or shall be rendered wholly or substantially untenantable; or

 (iii) the Building shall be so damaged by fire or other casualty (whether or not the Premises shall have been damaged by fire or other
casualty and without regard to the structural integrity of the Building) that its repair or restoration requires more than one year or the expenditure of more than thirty percent (30%) of the full insurable value of the Building immediately prior to
the casualty (as estimated in any such case by a reputable contractor, registered architect or licensed professional engineer designated by Landlord); 

  
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 then Landlord may, in its sole and absolute discretion, terminate this Lease and the term and estate
hereby granted, by notifying Tenant in writing of such termination within one hundred twenty (120) days after the date of such damage. In the event that such a notice of termination shall be given, then this Lease and the term and estate hereby
granted shall expire as of the date of termination stated in said notice with the same effect as if that were the Fixed Expiration Date, and the Fixed Rent and Escalation Rent hereunder shall be apportioned as of such date. For the purpose of
Section 13.3(iii) only, “full insurable value” shall mean replacement cost, less the cost of footings, foundations and other structures below the street and first floors of the Building. 

(B) Notwithstanding anything to the contrary contained in this Section 13.3, upon the written request of Tenant, Landlord
shall deliver to Tenant an estimate prepared by a reputable contractor selected by Landlord setting forth such contractor’s estimate as to the time reasonably required to repair such damage. If the period to repair set forth in any such
estimate exceeds fifteen (15) months (or, if the estimated date by which such repair shall be substantially completed shall not be a date that is at least twelve (12) months prior to the Expiration Date), Tenant may elect to terminate this
Lease by notice to Landlord given not later than thirty (30) days (with time of the essence) following Tenant’s receipt of such estimate. If Tenant exercises such election, this Lease and the term and estate hereby granted shall expire as
of the thirtieth (30th) day after notice of such election given by Tenant with the same effect as if that were the Fixed Expiration Date, and the Fixed Rent and Escalation Rent hereunder shall be apportioned as of such date. If Tenant does not elect
to so terminate this Lease, and if the repair work is not substantially completed within ninety (90) days after the date originally estimated by the contractor or within such period after such ninety (90) day period as shall equal the
aggregate period Landlord may have been delayed in commencing or completing such repairs by a Tenant Delay and/or an Unavoidable Delay, then Tenant shall have the further right to elect to terminate this Lease upon written notice to Landlord given
not later than thirty (30) days (with time of the essence) following the expiration of the foregoing ninety (90) day period and such election shall be effective upon the expiration of sixty (60) days after the date of such notice,
unless the repairs are substantially completed within such sixty (60) day period. 
 Section 13.4. Except as may be provided in
Section 12.5, nothing herein contained shall relieve Tenant from any liability to Landlord or to Landlord’s insurers in connection with any damage to the Premises or the Building (including the Terrace) by fire or
other casualty if Tenant shall be legally liable in such respect. 
 Section 13.5. If this Lease is terminated as a result of a fire or
other casualty, Landlord shall be entitled to retain for its benefit the proceeds of insurance maintained by Tenant on the Alterations and leasehold improvements (but not on Tenant’s Property) in the Premises. 

Section 13.6. This Lease shall be considered an express agreement governing any case of damage to or destruction of the Building or any
part thereof by fire or other casualty, and Section 227 of the Real Property Law of the State of New York providing for such a contingency in the absence of express agreement and any other law of like import now or hereafter in force, shall
have no application in such case. 

  
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 ARTICLE 14 

EMINENT DOMAIN 

Section 14.1. If the whole of the Real Property, the Building or the Premises is 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 Fixed Expiration Date. If only a part of the Real Property and not the entire Premises is so acquired or condemned
then, (1) except as hereinafter provided in this Section 14.1, this Lease and the Term shall continue in effect but, if a part of the Premises is included in the part of the Real Property so acquired or condemned, from
and after the date of the vesting of title, the Fixed Rent and Tenant’s Tax Share shall be reduced in the proportion which the area of the part of the Premises so acquired or condemned bears to the total area of the Premises immediately prior
to such acquisition or condemnation; (2) whether or not the Premises are affected thereby, Landlord, at Landlord’s option, may give to Tenant, within sixty (60) days next following the date upon which Landlord receives notice of
vesting of title, a sixty (60) day notice of termination of this Lease; and (3) if the part of the Real Property so acquired or condemned contains more than thirty (30%) percent of the total area of the Premises immediately prior to such
acquisition or condemnation, or if, by reason of such acquisition or condemnation, Tenant no longer has reasonable access to the Premises (excluding the Terrace), Tenant, at Tenant’s option, may give to Landlord, within sixty (60) days
next following the date upon which Tenant receives notice of vesting of title, a sixty (60) day notice of termination of this Lease. If any such sixty (60) day notice of termination is given, by Landlord or Tenant, this Lease and the Term
shall come to an end and expire upon the expiration of said sixty (60) days with the same effect as if the date of expiration of said sixty (60) days were the Fixed Expiration Date. If a part of the Premises is so acquired or condemned and
this Lease and the Term are not terminated pursuant to the foregoing provisions of this Section 14.1, Landlord, at Landlord’s cost and expense, shall restore that part of the Premises not so acquired or condemned to a
self-contained rental unit, exclusive of Tenant’s Alterations, Tenant’s leasehold improvements and Tenant’s Property (but including Landlord’s Initial Alterations Work). In the event of any termination of this Lease and the Term
pursuant to the provisions of this Section 14.1, the Fixed Rent shall be apportioned as of the date of sooner termination and any prepaid portion of the Fixed Rent or Escalation Rent for any period after such date shall be
refunded by Landlord to Tenant. 
 Section 14.2. In the event of any such acquisition or condemnation of all or any part of the Real
Property, 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 14.2 shall be deemed to prevent Tenant from making a separate claim in any condemnation proceedings for the value of
any Tenant’s Property included in such taking, and for any moving expenses, so long as Landlord’s award is not reduced thereby. 

Section 14.3. If the whole or any part of the Premises is acquired or condemned temporarily during the Term for any public or
quasi-public use or purpose, Tenant shall give prompt notice thereof to Landlord and the Term shall not be reduced or affected in any way and Tenant shall continue to pay in full all items of Rental payable by Tenant hereunder without reduction or
abatement, and Tenant shall be entitled to receive for itself any award or payments for such use, provided, however, that: 

  
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 (A) if the acquisition or condemnation is for a period not extending beyond the Term and if
such award or payment is made less frequently than in monthly installments, the same shall be paid to and held by Landlord as a fund which Landlord shall apply from time to time to the Rental payable by Tenant hereunder, except that if, by reason of
such acquisition or condemnation, changes or alterations are required to be made to the Premises which would necessitate an expenditure to restore the Premises, then a portion of such award or payment considered by Landlord as appropriate to cover
the expenses of the restoration shall be retained by Landlord, without application as aforesaid, and applied toward the restoration of the Premises as provided in Section 14.1; or 

(B) if the acquisition or condemnation is for a period extending beyond the Term, such award or payment shall be apportioned between Landlord
and Tenant as of the Expiration Date; Tenant’s share thereof, if paid less frequently than in monthly installments, shall be paid to Landlord and applied in accordance with the provisions of clause (1) above; provided,
however, that the amount of any award or payment allowed or retained for restoration of the Premises shall remain the property of Landlord if this Lease expires prior to the restoration of the Premises. 

ARTICLE 15 
 ASSIGNMENT,
SUBLETTING, MORTGAGE, ETC. 
 Section 15.1. Except as otherwise provided in this Article 15, Tenant shall not
(a) assign this Lease (whether by operation of law, transfers of interests in Tenant or otherwise); or (b) mortgage or encumber Tenant’s interest in this Lease, in whole or in part; or (c) sublet, or permit the subletting of, the
Premises or any part thereof; or (d) permit the Premises or any part thereof to be occupied or used for desk space, mailing privileges or otherwise by any person other than Tenant. Tenant shall not advertise or authorize a broker to advertise
for a subtenant or assignee, without in each instance, obtaining the prior written consent of Landlord to such advertisement, which shall not be unreasonably withheld or delayed, provided that Tenant shall have the right to retain a broker to
list for a subtenant or assignee. In no event may Tenant publicize any financial information (including, without limitation, rental amounts) or otherwise advertise any such information or amount. 

Section 15.2. If Tenant’s interest in this Lease shall be assigned in violation of the provisions of this Article 15, such
assignment shall be invalid and of no force and effect against Landlord; provided, however, that Landlord may collect an amount equal to the then Fixed Rent plus any other item of Rental from the assignee as a fee for its use and
occupancy. If the Premises or any part thereof are sublet to, or occupied by, or used by, any person other than Tenant, whether or not in violation of this Article 15, Landlord, after default by Tenant under this Lease, may collect any item
of Rental or other sums paid by the subtenant, user or occupant as a fee for its use and occupancy, and shall apply the net amount collected to the Fixed Rent and the items of Rental reserved in this Lease. No such assignment, subletting, occupancy,
or use, whether with or without Landlord’s prior consent, nor any such collection or application of 

  
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 Rental or fee for use and occupancy, shall be deemed a waiver by Landlord of any term, covenant or condition
of this Lease or the acceptance by Landlord of such assignee, subtenant, occupant or user as Tenant hereunder, nor shall the same, in any circumstances, relieve Tenant of any of its obligations under this Lease. The consent by Landlord to any
assignment, subletting, occupancy or use shall not relieve Tenant from its obligation to obtain the express prior consent of Landlord to any further assignment, subletting, occupancy or use. Any person to which this Lease is assigned with
Landlord’s consent shall be deemed without more to have assumed all of the obligations arising under this Lease from and after the date of such assignment and shall execute and deliver to Landlord, upon demand, an instrument confirming such
assumption. Notwithstanding and subsequent to any assignment, Tenant’s primary liability hereunder shall continue notwithstanding (a) any subsequent amendment hereof, or (b) Landlord’s forbearance in enforcing against Tenant any
obligation or liability, without notice to Tenant, to each of which Tenant hereby consents in advance. If any such amendment operates to increase the obligations of Tenant under this Lease, the liability under this
Section 15.2 of the assigning Tenant shall continue to be no greater than if such amendment had not been made (unless such party shall have expressly consented in writing to such amendment). 

Section 15.3. 
 (A) For
purposes of this Article 15, (i) the transfer of a majority of the issued and outstanding capital stock of any corporate tenant, or of a corporate subtenant, or the transfer of a majority of the total interest in any partnership tenant or
subtenant, or the transfer of control in any general or limited liability partnership tenant or subtenant, or the transfer of a majority of the issued and outstanding membership interests in a limited liability company tenant or subtenant, however
accomplished, whether in a single transaction or in a series of related or unrelated transactions, involving the tenant, subtenant and/or its parent (including, without limitation, and by way of example only, the transfer of a majority of the
outstanding capital stock of a company, which company owns 100% of a second tier company, which in turn owns 51% of the outstanding capital stock of a corporate tenant hereunder), shall be deemed an assignment of this Lease, or of such sublease, as
the case may be, except that the transfer of the outstanding capital stock of any corporate tenant, subtenant or parent, shall be deemed not to include the sale of such stock by persons or parties, other than those deemed “affiliates” of
Tenant within the meaning of Rule 144 promulgated under the Securities Act of 1933, as amended, through the “over-the-counter market” or through any recognized
stock exchange, (ii) any increase in the amount of issued and/or outstanding capital stock of any corporate tenant, or of a corporate subtenant, or such tenant’s or subtenant’s parent, or of the issued and outstanding membership
interests in a limited liability company tenant or subtenant, or such tenant’s or subtenant’s parent, and/or the creation of one or more additional classes of capital stock of any corporate tenant or any corporate subtenant, or such
tenant’s or subtenant’s parent, in a single transaction or a series of related or unrelated transactions involving the tenant, subtenant and/or its parent, resulting in a change in the control of such tenant, subtenant or parent so that
the shareholders or members of such tenant, subtenant or parent existing immediately prior to such transaction or series of transactions shall no longer control such entity, shall be deemed an assignment of this Lease, (iii) an agreement by any
other person or entity, directly or indirectly, to assume Tenant’s obligations under this Lease shall be deemed an assignment, (iv) any person or legal representative of Tenant, to whom Tenant’s interest under this Lease passes by
operation of law, or otherwise, shall be bound by the provisions of this Article 15, (v) a modification, amendment 

  
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 or extension of a sublease shall be deemed a sublease, and (vi) the change or conversion of Tenant from
an entity in which the partners or members have personal liability to a limited liability company, a limited liability partnership or any other entity which possesses the characteristics of limited liability shall be deemed an assignment. Tenant
agrees to furnish to Landlord on request at any time such information and assurances as Landlord may reasonably request that neither Tenant, nor any previously permitted subtenant, has violated the provisions of this Article 15. 

(B)    The provisions of clauses (a), (c) and (d) of Section 15.1,
Section 15.3(A), Section 15.4(B), Section 15.5 and Section 15.6 shall not apply to (and Landlord’s consent shall not be required for) (i) a
change in ownership or control of Tenant as a result of a merger, consolidation or reorganization, or the sale of all or substantially all of Tenant’s assets (provided that such merger, consolidation, reorganization or transfer of assets
is for a valid business purpose and not principally for the purpose of transferring the leasehold estate created by this Lease, and provided further, that upon such change in ownership or control Tenant has a net worth in an amount at least equal to
or in excess of twenty-five (25) times the then annual Fixed Rent under this Lease); (ii) the sale, exchange, issuance or other transfer of Tenant’s stock on a national stock exchange; or (iii) the assignment of this Lease or sublease
of all or any portion of the Premises to, or the use of the Premises by, an entity which controls, is controlled by or is under the common control of Tenant (such transactions described in clauses (i) and (iii) being collectively referred to as
“Permitted Transfers”, and such parties “Permitted Transferees”). Tenant shall notify Landlord before any such transaction is consummated, unless such prior notice violates any securities laws or regulatory
requirements applicable to Tenant, in which event Tenant shall notify Landlord promptly after Tenant is permitted to do so. 
 (C) The term
“control” as used in this Lease (i) in the case of a corporation shall mean ownership of more than fifty (50%) percent of the outstanding capital stock of that corporation, (ii) in the case of a general or limited
liability partnership, shall mean ownership of more than fifty (50%) percent of the general partnership or membership interests of the partnership, (iii) in the case of a limited partnership, shall mean ownership of more than fifty (50%)
percent of the general partnership interests of such limited partnership, and (iv) in the case of a limited liability company, shall mean ownership of more than fifty (50%) percent of the membership interests of such limited liability company,
or, in each case above, the possession of power to direct, or cause the direction of, the management and policy of such corporation or other entity, whether through the ownership of voting securities, by statute or by contract. 

Section 15.4. 

(A)    If Landlord shall not exercise its rights pursuant to Section 15.4(B), Landlord shall not
unreasonably withhold or delay its consent to a proposed subletting of the entire Premises (or any portion thereof consisting of the entire Tenth Floor Premises, the entire Eleventh Floor Premises or the entire Penthouse Space), or an assignment of
this Lease (and any dispute between the parties as to whether Landlord’s withholding or delay of its consent to such proposed subletting or assignment was reasonable shall be resolved by expedited arbitration in accordance with Article
43 of this Lease), and Landlord shall be deemed to have consented to same in the event that (x) Landlord fails to respond to Tenant’s request for such consent and delivery of all materials required hereunder within thirty
(30) days following 

  
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Landlord’s receipt thereof, and (y) Tenant thereafter provides Landlord with a second notice of its request (provided such notice shall be delivered in writing in accordance with
Article 27 and state in eighteen-point bold, capital letters the following: “IF LANDLORD DOES NOT RESPOND TO THIS REQUEST FOR CONSENT WITHIN FIVE (5) BUSINESS DAYS, LANDLORD’S CONSENT TO THE PROPOSED SUBLEASE
OR ASSIGNMENT SHALL BE DEEMED GRANTED IN ACCORDANCE WITH SECTION 15.4(A) OF THE LEASE.”), and (z) Landlord fails to respond to such second notice within five (5) Business Days of Landlord’s receipt thereof, provided
that in each such instance, the following requirements shall have been satisfied: 
 (1) in the case of a proposed subletting, the listing
or advertising for subletting of the Premises shall not have included a proposed rental rate, provided, however, that Tenant may quote in writing directly to prospective subtenants the proposed rental rate; 

(2) no Event of Default shall have occurred and be continuing; 

(3) the proposed subtenant or assignee shall have a financial standing, be engaged in a business, and propose to use the Premises in a manner
in keeping with the standards in such respects of the other tenancies in the Building; 
 (4) the proposed subtenant or assignee shall not
be (x) a Person with whom Landlord is then negotiating or discussing the leasing of space in the Building, or any Person that, directly or indirectly, is controlled by, controls or is under common control with any such Person; or (y) a
tenant in or occupant of the Building, or any Person that, directly or indirectly, is controlled by, controls or is under common control with any such tenant or occupant, unless Landlord does not then have available, and will not have available
within the six (6) month period following Tenant’s request for consent, for lease space in the Building which is comparable in size to the Premises, in the case of any proposed assignment of the Lease, or to the portion of the Premises to
be sublet, in the case of a proposed sublease; 
 (5) any subletting shall be expressly subject to all of the terms, covenants, conditions
and obligations on Tenant’s part to be observed and performed under this Lease and any assignment or subletting shall be subject to the further condition and restriction that this Lease or the sublease shall not be further assigned, encumbered
or otherwise transferred or the subleased premises further sublet by the subtenant in whole or in part, or any part thereof suffered or permitted by the assignee or subtenant to be used or occupied by others, without the prior written consent of
Landlord in each instance, which consent shall be granted or withheld in Landlord’s sole discretion, and if Landlord shall consent to any further subletting by the subtenant or the assignment of the sublease, Sections 15.5 and
15.6 of this Lease shall apply to any such transactions as if the further subletting or assignment of the sublease were a proposed subletting or assignment being made by Tenant under this Lease so that Landlord shall be entitled to receive
all amounts described in such Sections; 
 (6) Section 41.5(ii) of this Lease shall not have been violated; 

(7) Tenant shall reimburse Landlord on demand for any reasonable
out-of-pocket costs that may be incurred by Landlord in connection with said assignment or sublease, including, without limitation, any processing fees, attorneys’
fees and disbursements, and the costs of making investigations as to the acceptability of the proposed assignee or subtenant; 

  
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 (8) any sublease shall expressly provide that in the event of termination, re-entry or dispossession of Tenant by Landlord under this Lease, Landlord may, at its option, take over all of the right, title and interest of Tenant as sublessor under such sublease, and such subtenant shall, at
Landlord’s option, attorn to Landlord pursuant to the then executory provisions of such sublease, except that Landlord shall not be (i) liable for any previous act or omission of Tenant under such sublease, (ii) subject to any offset
that theretofore accrued to such subtenant against Tenant, (iii) bound by any previous modification of such sublease or by any previous prepayment of more than one month’s rent unless previously approved by Landlord, (iv) bound by any
covenant to undertake or complete or make payment to or on behalf of a subtenant with respect to any construction of the Premises or any portion thereof demised by such sublease and (v) bound by any obligations to make any other payment to or
on behalf of the subtenant, except for services, repairs, maintenance and restoration provided for under the sublease to be performed after the date of such termination, reentry or dispossession by Landlord under this Lease and which Landlord is
required to perform hereunder with respect to the subleased space at Landlord’s expense; 
 (9) the nature of the occupancy of the
proposed assignee or subtenant will not cause an excessive density of employees or traffic or make excessive demands on the Building Systems or present a greater security risk to the Building than is presented by Tenant; 

(10) the nature of the occupancy, the use and the manner of use of the Premises by the proposed subtenant or assignee shall not impose on
Landlord any requirements of the ADA in excess of those requirements imposed on Landlord in the absence of such proposed subtenant or assignee or such occupancy, use or manner of use, unless such proposed subtenant or assignee shall have agreed to
comply with each of such excess requirements and, at Landlord’s option, shall have furnished Landlord with such security as Landlord may require to assure that such subtenant or assignee shall so comply; and 

(11) Landlord and Tenant shall have agreed on the computation required under Section 15.5 or
Section 15.6, as applicable. 
 In the event that after Tenant’s submission of a Sublease or Assignment Statement to Landlord
pursuant to Section 15.4(B) containing a Term Sheet rather than a proposed assignment or sublease instrument, the proposed sublease or proposed assignment delivered to Landlord in connection with
Section 15.4(A) contains (i) provisions which are materially different from those in the Term Sheet (if such Term Sheet shall have contained terms other than those with respect to the rents, work contributions and
other economic and financial terms (collectively “Economic Terms”)) or (ii) a net effective rental rate (i.e., taking into account free rent, work contributions and other economic concessions), in the case of a proposed
sublease, and economic and financial terms generally in the case of a proposed assignment, which are more favorable to the proposed assignee or subtenant by five percent (5%) or more from the Economic Terms set forth in the Term Sheet, then in
either or both of such events, Tenant’s request for consent pursuant to Section 15.4(A) shall be deemed to be an irrevocable offer from Tenant to Landlord as to which Landlord shall have the right to exercise its
rights with respect to proposed subleases or assignments set forth in Section 15.4(B). 

  
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 (B) Upon obtaining a proposed assignee or subtenant, upon terms satisfactory to Tenant,
Tenant shall submit to Landlord in writing (the following documents and information being collectively referred to as the “Sublease or Assignment Statement”): (i) the name and business address of the proposed assignee or subtenant;
(ii) the nature and character of the business and credit of the proposed assignee or subtenant; (iii) a term sheet describing in reasonable detail the basic terms of the proposed subletting or assignment and executed by or on behalf of
Tenant and the proposed assignee or subtenant, as applicable (any such statement being referred to herein as a “Term Sheet”), or an original counterpart of the proposed assignment or sublease and all related agreements, the
effective or commencement date of which shall be at least sixty (60) days after the date Tenant’s notice to Landlord is given, along with Tenant’s and the subtenant’s (or assignee’s) affidavit that such sublease or
assignment instrument is the true and complete statement of the subletting or assignment (or, in the case of a Term Sheet if only a Term Sheet is submitted, that such Term Sheet reflects all sums and other consideration passing between the parties
to the sublease or assignment) and all reports, returns, transferor and transferee questionnaires and other documents required to be filed under Article 31 of the New York State Tax Law and under Chapter 21 of the New York City Administrative Code;
(iv) current financial information with respect to the proposed assignee or subtenant, including, without limitation, its most recent financial statements, certified by an independent CPA if such financial statements are certified by a CPA (or,
if not, certified by the chief financial officer of the proposed assignee or subtenant as being true and correct); and (v) any other information that Landlord may reasonably request. Landlord shall have the following rights, exercisable within
thirty (30) days after Landlord’s receipt of the Sublease or Assignment Statement (including any additional information reasonably requested by Landlord): in the case of an assignment of this Lease or a subletting of any portion of the
Premises, to sublet (in its own name or that of its designee) such portion of the Premises from Tenant (or, in the case of a subletting that includes the entire Penthouse Space, to sublet only the entire Penthouse Space from Tenant, provided
that Landlord shall have such right to sublet only the entire Penthouse Space if Landlord in good faith intends to use the Penthouse Space as an amenity for the tenants and occupants of the Building) on the terms and conditions set forth in
Section 15.4(C), or to terminate this Lease or to take an assignment of this Lease from Tenant (or, in the case of a subletting of the entire Penthouse Space or a subletting that includes the entire Penthouse Space, to
terminate this Lease with respect to the entire Penthouse Space only, provided that Landlord shall only have such right to terminate this Lease with respect to the Penthouse Space if Landlord in good faith intends to use the Penthouse Space
as an amenity for the tenants and occupants of the Building), (the entire Premises (or portion thereof sublet, as applicable) sublet by Landlord (or its designee) being referred to as the “Recapture Space”) or to approve or
disapprove the proposed assignment or sublease in accordance with the provisions of Section 15.4(A). 

(C) (1) If Landlord shall exercise its option to sublet the Recapture Space, then, except as specifically provided below such subletting
shall be on the terms and conditions set forth in the Sublease or Assignment Statement, including without limitation the incorporation of the indemnification provisions under Article 33 of this Lease, provided that notwithstanding the terms
contained in the Sublease or Assignment Statement, such sublease (a “Recapture Sublease”) to Landlord or its designee as subtenant (the “Recapture Subtenant”) or assignee shall: 

  
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 (i) be at a rate, at all times throughout the term of the Recapture Sublease, equal to (if
Tenant had proposed to sublet the Premises) the lower of (x) the rate then payable by Tenant under this Lease and (y) the rate set forth in the Sublease or Assignment Statement; 

(ii) otherwise be upon the same terms and conditions as those contained in the Sublease or Assignment Statement (other than, (x) in the
case of an assignment, payment of consideration therefor to Tenant and (y) in the case of a subletting of the entire Penthouse Space, the term of the Recapture Sublease with respect to the Penthouse Space shall be for the remaining Term of this
Lease) and (except as modified by the Sublease or Assignment Statement) the terms and conditions contained in this Lease, except such as are irrelevant or inapplicable and except as otherwise expressly set forth to the contrary in this
Section 15.4(C); 
 (iii) give the Recapture Subtenant the unqualified and unrestricted right, without
Tenant’s permission, to assign such sublease and to further sublet the Recapture Space or any part thereof and to make any and all changes, alterations, and improvements in and to the Recapture Space; 

(iv) provide in substance that any such changes, alterations, and improvements made in the Recapture Space may be removed, in whole or in
part, prior to or upon the expiration or other termination of the Recapture Sublease, provided that any material damage and injury caused thereby shall be repaired; 

(v) provide that (x) the parties to such Recapture Sublease expressly negate any intention that any estate created under the Recapture
Sublease be merged with any estate held by either of said parties, and (y) at the expiration of the term of such Recapture Sublease, Tenant will accept the Recapture Space in its then existing condition, broom clean; and 

(vi) provide that the Recapture Subtenant or occupant shall use and occupy the Recapture Space for any purpose approved by Landlord (without
regard to any limitation set forth in the Sublease or Assignment Statement). 
 (2) Until the termination of a Recapture Sublease,
performance by Recapture Subtenant under a Recapture Sublease shall be deemed performance by Tenant of any similar obligation under this Lease and Tenant shall not be liable for any default under this Lease or deemed to be in default hereunder if
such default is occasioned by or arises from any act or omission of Recapture Subtenant under the Recapture Sublease or is occasioned by or arises from any act or omission of any occupant under the Recapture Sublease (and, accordingly, Tenant shall
not have liability or responsibility to Landlord in connection with any such act or omission). 

  
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 (3) If a Recapture Subtenant is unable to give Tenant possession of the Recapture Space at
the expiration of the term of the Recapture Sublease by reason of the holding over or retention of possession of any tenant or other occupant, then (w) until the date upon which the Recapture Subtenant gives Tenant possession of such Recapture
Space free of occupancies, the Recapture Subtenant shall continue to pay all charges previously payable, and comply with all other obligations under the Recapture Sublease and the provisions of Section 15.4(C)(2) shall
continue to apply, (x) neither the Expiration Date nor the validity of this Lease shall be affected, and (y) Tenant waives any rights under Section 223-a of the Real Property Law of New York, or
any successor statute of similar import, to rescind this Lease and further waives the right to recover any damages from Landlord or Recapture Subtenant that may result from the failure of Landlord to deliver possession of the Recapture Space at the
end of the term of the Recapture Sublease. 
 (4) The failure by Landlord to exercise its option under
Section 15.4(B) with respect to any subletting or assignment shall not be deemed a waiver of such option with respect to any extension of such subletting or assignment or any subsequent subletting or assignment. 

(5) Tenant shall have the right to offset against the Rental due under this Lease an amount equal to the rental that the Recapture Subtenant
fails to pay when due to Tenant. 
 Section 15.5. If Tenant sublets the Premises to a Person in a transaction for which Landlord’s
consent is required, Landlord shall be entitled to and Tenant shall pay to Landlord, as Additional Rent (the “Sublease Additional Rent”), a sum equal to fifty (50%) percent of any rents, additional charges and other consideration
payable under the sublease to Tenant by the subtenant in excess of the Fixed Rent and Escalation Rent accruing during the term of the sublease in respect of the subleased space pursuant to the terms of this Lease (including, but not limited to, sums
paid for the sale or rental of Tenant’s Property and Alterations less, in the case of a sale thereof, the then net unamortized or undepreciated cost thereof determined on the basis of Tenant’s federal income tax or federal
information returns) and after deducting from any rents, additional charges and other consideration payable under the sublease to Tenant the actual out-of-pocket
expenses reasonably incurred by Tenant in connection with such sublease on account of brokerage commissions, advertising expenses, free rent (to the extent consistent with free rent then being offered for subleases in similar buildings in
Manhattan), legal fees, work contributions and the cost of work performed by Tenant to prepare the Premises for the subtenant’s occupancy, all amortized over the term of the sublease. Such Sublease Additional Rent shall be payable as and
when received by Tenant. 
 Section 15.6. If Tenant shall assign this Lease to a Person in a transaction for which Landlord’s
consent is required, Landlord shall be entitled to and Tenant shall pay to Landlord, as Additional Rent, an amount equal to fifty (50%) percent of all sums and other consideration paid to Tenant by the assignee for or by reason of such assignment
(including, but not limited to, sums paid for the sale or rental of Tenant’s Property and Alterations less, in the case of a sale thereof, the then net unamortized or undepreciated cost thereof determined on the basis of Tenant’s
federal income tax or federal information returns) after deducting from any sums and other consideration paid to Tenant by the assignee the actual out-of-pocket expenses
reasonably incurred by Tenant in connection with such assignment on account of brokerage commissions, advertising expenses, free rent (to the extent consistent with free rent then being offered for subleases in similar buildings in Manhattan), legal
fees, work contributions and the cost of work performed by Tenant to prepare the Premises for the assignee’s occupancy. Such Additional Rent shall be payable as and when received by Tenant from the assignee. 

  
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 Section 15.7. Landlord shall have no liability for brokerage commissions incurred with
respect to any assignment of this Lease or any subletting of all or any part of the Premises by or on behalf of Tenant. Tenant shall pay, and shall indemnify and hold Landlord harmless from and against, any and all cost, expense (including
reasonable attorneys’ fees and disbursements) and liability in connection with any compensation, commissions or charges claimed by any broker or agent with respect to any such assignment or subletting. 

Section 15.8. 
 (A) Tenant
may permit portions of the Premises to be occupied, at any time and from time to time, by persons who are not members, officers or employees of Tenant (each such Person who is permitted to occupy portions of the Premises pursuant to this Section
being referred to herein as a “Special Occupant”), without (x) Landlord’s prior approval, (y) Tenant being required to pay any profits to Landlord in connection therewith, provided that, in each case,
(i) no demising walls are erected in the Premises separating the space used by a Special Occupant from the remainder of the Premises, (ii) the Special Occupant uses the Premises in conformity with all applicable provisions of this Lease,
(iii) the use of any portion of the Premises by any Special Occupant shall not create any real property interest of the Special Occupant in or to the Premises, (iv) the portion of the Premises used by all Special Occupants shall not exceed
fifteen percent (15%) of the RSF of the Premises, (v) such Person maintains a business or charitable relationship with Tenant and such business or charitable relationship extends during the term of such occupancy (vi) the Special Occupant
does not pay for its occupancy rights an amount greater than the Rental that is reasonably allocable to the portion of the Premises that the Special Occupant has the right to occupy (it being understood that amounts that the Special Occupant pays to
Tenant to reimburse Tenant reasonably for customary office services shall not be included in the calculation of the amount that the Special Occupant pays for its occupancy rights as provided in this clause (vi)), and (vii) at least ten
(10) days prior to a Special Occupant taking occupancy of a portion of the Premises, Tenant gives notice to Landlord advising Landlord of (1) the name and address of such Special Occupant, (2) the character and nature of the business
to be conducted by such Special Occupant, (3) the number of RSF to be occupied by such Special Occupant, (4) the duration of such occupancy, (5) the character and nature of Special Occupant’s relationship with Tenant and
(5) the fee, if any, to be paid by such Special Occupant for its use of the applicable portion of the Premises, and provided, further that Landlord shall have the right to deny occupancy to any proposed (or existing) Special
Occupant in the event such Person maintains a charitable (rather than business) relationship with Tenant, and, Landlord, in its sole judgment, determines that occupancy in the Building by such Person, or by any charity such Person is affiliated
with, could be perceived as drawing negative attention to Landlord and/or the Building (or any other tenants or occupants thereof) or otherwise lowering or detracting from the nature, character or quality of Landlord and/or the Building (or any
other tenants or occupants thereof) or creating any security risk for Landlord and/or the Building (or any other tenants or occupants thereof). 

  
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 (B) Tenant shall be permitted to outsource certain ancillary operations in the Premises to
persons providing service to Tenant, including food service, mailroom, security services, photocopying, to the extent such services are ordinarily provided to businesses similar to Tenant’s operations in the Premises and provided that the
amount of space within the Premises allocated thereto is reasonable taking into account the services which would ordinarily be so provided, and Tenant shall be permitted to provide space within the Premises to such persons without Landlord’s
consent thereto being required and any such space allocated to such persons shall not be deemed a portion of the space permitted to be used by the Special Occupants. 

ARTICLE 16 
 ACCESS TO PREMISES

 Section 16.1. 

(A) Tenant shall permit Landlord, Landlord’s agents, other tenants in the Building and public utilities servicing the Building to erect,
use and maintain concealed ducts, pipes and conduits in and through the Premises provided same do not reduce the usable area of the Premises or interfere with Tenant’s use and enjoyment thereof beyond a de minimis amount. Landlord or
Landlord’s agents shall have the right to enter the Premises at all reasonable times upon (except in case of emergency) reasonable prior notice, which notice may be oral, to examine the same, to show the same to prospective purchasers,
Mortgagees or lessees of the Building or (during the last twelve (12) months of the Term) lessees of space therein, or to make such repairs, alterations, improvements or additions (i) as may be required in connection with Landlord’s
Work, (ii) as Landlord may reasonably deem necessary to the Premises to comply with Requirements and requirements of the insurance companies providing insurance on the Building, or as Landlord may deem necessary or desirable to any other
portion of the Building, or (iii) which Landlord may elect to perform at least ten (10) days after notice (except in an emergency when no notice shall be required) following Tenant’s failure to make repairs or perform any work which
Tenant is obligated to make or perform under this Lease, or (v) for the purpose of complying with Requirements, and Landlord shall be allowed to take all material into and upon the Premises that may be required therefor without the same
constituting an eviction or constructive eviction of Tenant in whole or in part and except to the extent provided under Section 7.3 hereof, the Fixed Rent (and any other item of Rental) shall in no respect abate or be
reduced by reason of said repairs, alterations, improvements or additions, wherever located, or while the same are being made, by reason of loss or interruption of business of Tenant, or otherwise. Landlord shall promptly repair any damage caused to
the Premises by such work, alterations, improvements or additions. 
 (B) Any work performed or installations made pursuant to this
Article 16 shall be made with reasonable diligence and otherwise pursuant to Section 7.3, including, without limitation, the provisions thereof relating to overtime work. 

(C) Any pipes, ducts, or conduits installed in or through the Premises pursuant to this Article 16 shall, if reasonably practicable,
either be concealed behind, beneath or within partitioning, columns, ceilings or floors located or to be located in the Premises, or completely furred at points immediately adjacent to partitioning, columns or ceilings located or to be located in
the Premises. 

  
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 Section 16.2. If Tenant is not present when for any reason entry into the Premises may
be necessary or permissible, Landlord or Landlord’s agents may enter the same without rendering Landlord or such agents liable therefor (if during such entry Landlord or Landlord’s agents accord reasonable care to Tenant’s Property),
and without in any manner affecting this Lease. 
 Section 16.3. Landlord also shall have the right at any time, without the same
constituting an actual or constructive eviction and without incurring any liability to Tenant therefor, to change the arrangement or location of entrances or passageways, doors and doorways, and corridors, elevators, stairs, toilets or other public
parts of the Building, provided any such change does not unreasonably interfere with, or deprive Tenant of access to, the Building or the Premises; to put so-called “solar film” or other
energy-saving installations on the inside and outside of the windows; and to change the name, number or designation by which the Building is commonly known. All parts (except surfaces facing the interior of the Premises) of all walls, windows and
doors bounding the Premises (including exterior Building walls, exterior core corridor walls, exterior doors and entrances), all balconies, terraces and roofs adjacent to the Premises, all space in or adjacent to the Premises used for shafts,
stacks, stairways, chutes, pipes, conduits, ducts, fan rooms, heating, air cooling, plumbing and other mechanical facilities, service closets and other Building facilities are not part of the Premises, and Landlord shall have the use thereof, as
well as access thereto through the Premises for the purposes of inspection, operation, maintenance, alteration and repair. 
 ARTICLE 17 

CERTIFICATE OF OCCUPANCY 

Section 17.1. Tenant shall not at any time use or occupy the Premises in violation of the certificate of occupancy at such time issued
for the Premises or for the Building (the “Certificate of Occupancy”). Without limiting the generality of the foregoing, Tenant shall be entitled to use the Premises to accommodate a proportionate share of the total number of
persons permitted by the Certificate of Occupancy to occupy the floor of the Building on which the Premises is located, based upon the ratio that the RSF of the Premises bears to the total number of RSF on such floor of the Building. In the event
that any Government Authority hereafter contends or declares by notice, violation, order or in any other manner whatsoever that the Premises are used for a purpose that is a violation of such Certificate of Occupancy, Tenant shall, upon three
(3) Business Days written notice from Landlord or any Government Authority, immediately discontinue such use of the Premises; provided, however, that nothing herein shall prevent Tenant from contesting such violation pursuant to
and in accordance with the provisions of Section 9.5. Landlord shall, at Landlord’s cost, use all commercially reasonable efforts to amend the Certificate of Occupancy as needed to allow for Terrace use (including,
without limitation, endeavoring to obtain a Public Assembly Permit to permit occupancy of the Terrace by more than 74 persons to the extent permitted by the available roof area) and, if necessary and Tenant reinforces the floors in accordance with
this Lease, increased floor loads in connection with Landlord’s Initial Alterations Work, and to reasonably cooperate with Tenant, at no cost to Landlord and subject to any Tenant Delay and Unavoidable Delay, in connection with future
amendments to the Certificate of Occupancy to the extent necessary and consistent with the terms of this Lease, including, without limitation, Article 5, Article 16 and Article 41. 

  
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 ARTICLE 18 

DEFAULT 

Section 18.1. Each of the following events shall be an “Event of Default” under this Lease: 

(A) if Tenant shall on any occasion default in the payment when due of any installment of Fixed Rent or in the payment when due of any other
item of Rental and such default shall continue for five (5) Business Days after Landlord shall have given Tenant written notice of such default, provided that if Tenant shall fail more than two (2) times in any period of twelve
consecutive months to make a payment when due of any Rental, and Landlord shall have given Tenant notice of such default after two (2) such occurrences, then Landlord shall not be required to provide such five (5) Business Days’
notice until Tenant has timely paid all Rental due for a period of twelve (12) consecutive months; or 
 (B) Intentionally omitted; or

 (C) Intentionally omitted; or 

(D) if the Premises shall become abandoned; or 

(E) if Tenant’s interest in this Lease shall devolve upon or pass to any person, whether by dissolution, operation of law or otherwise,
except as expressly permitted under Article 15 hereof; or 
 (F) (1) if Tenant shall not, or shall be unable to, or shall admit
in writing Tenant’s inability to, as to any obligation, pay Tenant’s debts as they become due; or 
 (2) if Tenant shall commence
or institute any case, proceeding or other action (a) seeking relief on Tenant’s 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 Tenant or Tenant’s 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 

(3) if Tenant shall make a general assignment for the benefit of creditors; or 

(4) if any case, proceeding or other action shall be commenced or instituted against Tenant (a) seeking to have an order for relief
entered against Tenant as debtor or to adjudicate Tenant a bankrupt or insolvent, or seeking reorganization, arrangement, adjustment, winding-up, liquidation, dissolution, composition or other relief with
respect to Tenant or Tenant’s 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 Tenant or for all or any substantial part of Tenant’s property, which either (i) 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 (ii) remains undismissed for a period of sixty (60) days; or 

  
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 (5) if a trustee, receiver or other custodian shall be appointed for any substantial part
of the assets of Tenant which appointment is not vacated or effectively stayed within sixty (60) days; or 
 (6) if Tenant rejects this
Lease in connection with any action or proceeding under the Bankruptcy Code; or 
 (G) Intentionally omitted; or  

(H) 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 the continuation of which for the period required for cure will not subject Landlord to the risk of criminal liability or termination of any Superior Lease or foreclosure of any Mortgage, if Tenant
shall not, (i) within said thirty (30) day period advise Landlord of Tenant’s intention duly to institute all steps necessary to remedy such situation, (ii) duly institute within said thirty (30) day period, and thereafter
diligently and continuously prosecute to completion all steps necessary to remedy the same, and (iii) complete such remedy within such time after the date of the giving of said notice by Landlord as shall reasonably be necessary. 

Section 18.2. If an Event of Default shall occur, Landlord may, at any time thereafter, at Landlord’s option, give written notice to
Tenant stating that this Lease and the Term shall expire and terminate on the date specified in such notice, which date shall not be less than five (5) days after the giving of such notice, whereupon this Lease and the Term and all rights of
Tenant under this Lease shall automatically expire and terminate as if the date specified in the notice given pursuant to this Section 18.2 were the Fixed Expiration Date and Tenant immediately shall quit and surrender the
Premises, but Tenant shall remain liable for damages as provided herein or pursuant to law. 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 Section 18.1(F), 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 fails to assume Tenant’s obligations under this Lease within the period prescribed therefor by law or within one hundred twenty (120) days after entry of the order for relief or
as may be allowed by the court, or if said trustee, Tenant or Tenant as debtor-in-possession shall fail to provide adequate protection of Landlord’s right, title
and interest in and to the Premises or adequate assurance of the complete and continuous future performance of Tenant’s obligations under this Lease, Landlord, to the extent permitted by law or by leave of the court having jurisdiction over
such proceeding, shall have the right, at its election, to terminate this Lease on five (5) days’ notice to Tenant, Tenant as debtor-in-possession or said
trustee and upon the expiration of said five (5) day period this Lease shall cease and expire as aforesaid and Tenant, Tenant as debtor-in-possession or said
trustee shall immediately quit and surrender the Premises as aforesaid. 

  
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 Section 18.3. If, at any time, (i) Tenant shall consist of two (2) or more
persons, or (ii) Tenant’s obligations under this Lease shall have been guaranteed by any person other than Tenant, or (iii) Tenant’s interest in this Lease has been assigned, the word “Tenant” as used in
Section 18.1(F), 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 Section 18.1(F) shall be deemed paid as compensation for the use and occupancy of the Premises and the acceptance of any such compensation by Landlord shall not be
deemed an acceptance of Rental or a waiver on the part of Landlord of any rights under Section 18.2. 
 ARTICLE 19

 REMEDIES AND DAMAGES 

Section 19.1. 
 (A) If any
Event of Default shall occur, or this Lease and the Term shall expire and come to an end as provided in Article 18: 
 (1) Tenant
shall quit and peacefully surrender the Premises to Landlord, and Landlord and its agents may immediately, or at any time after such Event of 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 otherwise (without being liable to indictment, prosecution or damages therefor), but excluding by force, and may
repossess the Premises and dispossess Tenant and any other persons from the Premises by summary proceedings or otherwise (excluding by force) and remove any and all of their property and effects from the Premises (and Tenant shall remain liable for
damages as provided herein or pursuant to law); and 
 (2) Landlord, at Landlord’s option, may relet the whole or any part or parts 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 Fixed Expiration Date, at such rent or rentals and upon such other conditions, which may
include concessions and free rent periods, as Landlord, in Landlord’s 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 Alterations, in and to the Premises as Landlord, in Landlord’s sole discretion, shall consider 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. 

(B) Tenant hereby waives the service of any notice of intention to re-enter or to institute legal proceedings to that end that 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 that

  
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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 (a) Tenant shall have been dispossessed by a judgment or by warrant of any court or judge, or (b) any re-entry by Landlord, or (c) any expiration or
termination of this Lease and the Term, whether such dispossess, re-entry, expiration or termination is by operation of law or pursuant to the provisions of this Lease. The words
“re-entry”, “re-enter” 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. 

Section 19.2. 
 (A) If this
Lease and the Term shall expire and come to an end as provided in Article 18, or by or under any summary proceeding or any other action or proceeding, or if Landlord shall re-enter the Premises as
provided in Section 19.1, or by or under any summary proceeding or any other action or proceeding, then, in any of said events: 

(1) Tenant shall pay to Landlord all Fixed Rent, Escalation Rent, other Additional Rent and other items of Rental payable under this Lease 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; 

(2) Tenant also shall be liable for and shall pay to Landlord, as damages, any deficiency (“Deficiency”) between the Rental
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 Section 19.1(A)(2) for any
part of such period (after 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 reentry upon the Premises and such reletting including,
but not limited to, all repossession costs, brokerage commissions, attorneys’ fees and disbursements, alteration costs 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 Fixed 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 
 (3) 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 unpaid Rental for the period which otherwise would have constituted the unexpired portion of the Term exceeds the then fair and reasonable rental value of the Premises for the same period, both
discounted to present worth at the Base Rate; if, before presentation of proof of such liquidated damages to any court, commission or 

  
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tribunal, the Premises, or any part thereof, are 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 the fair and reasonable rental value for the part or the whole of the Premises so relet during the term of the reletting. 

(B) If the Premises, or any part thereof, shall be relet together with other space in the Building, 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 19.2. Tenant shall in no event be entitled to any rents collected or payable under any reletting, whether
or not such rents exceed the Fixed Rent reserved in this Lease. Solely for the purposes of this Article 19, the term “Escalation Rent” as used in Section 19.2(A) shall mean the Escalation Rent in
effect immediately prior to the Expiration Date, or the date of re-entry upon the Premises by Landlord, as the case may be. Nothing contained in Article 18 or this Article 19 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 19.2. 
 ARTICLE 20 

FEES AND EXPENSES 

Section 20.1. If (i) Tenant shall default under this Lease, or (ii) Tenant does or permits any act or thing upon the Premises
that would cause Landlord to be in default under any Superior Lease or Mortgage and Tenant does not cure such act or thing within thirty (30) days (or such shorter period as Landlord may be permitted pursuant to any Superior Lease or Mortgage)
after notice thereof, or (iii) Tenant fails to comply with its obligations under this Lease and the preservation of property or the safety of any tenant, occupant or other person is threatened, Landlord may (1) perform the same for the
account of Tenant, or (2) make any expenditure or incur any obligation for the payment of money in connection with any obligation owed to Landlord, including, but not limited to, reasonable attorneys’ fees and disbursements in instituting,
prosecuting or defending any action or proceeding, and in either case the cost thereof, with interest thereon at the Applicable Rate, shall be deemed to be Additional Rent hereunder and shall be paid by Tenant to Landlord within thirty
(30) days after rendition of any bill or statement to Tenant therefor. In addition, Tenant shall pay Landlord any reasonable attorneys’ fees and disbursements incurred by Landlord in connection with any proceeding in which the value for
the use and occupancy of the Premises by Tenant is being determined after the Expiration Date (whether or not any such proceeding results from a default by Tenant under this Lease). 

Section 20.2. If Tenant shall fail to pay any installment of Fixed Rent, Additional Rent or any other item of Rental for a period longer
than five (5) days after the same shall have become due, Tenant shall pay to Landlord, in addition to such installment of Fixed Rent, Additional Rent or other item of Rental, as the case may be, as a late charge and as Additional Rent, a sum
equal to three (3%) percent of the amount unpaid, provided that with respect to the first time in any period of twelve (12) consecutive months that Tenant shall fail to pay any installment of Fixed Rent, Additional Rent or any other item
of Rental for a period longer than 

  
 63 

 
five (5) days after the same shall have become due, Landlord will waive such three percent (3%) late charge if Tenant shall have paid such item of Rental within five (5) Business Days
after Landlord shall have given Tenant notice that such item of Rental has not been paid. If Tenant shall fail to pay any installment of Fixed Rent, Additional Rent or any other item of Rental for a period longer than ten (10) days after the
same shall have become due, Tenant shall pay to Landlord, in addition to such installment of Fixed Rent, Additional Rent or other item of Rental, as the case may be, and in addition to the late charge payable by Tenant pursuant to the preceding
sentence, as a late charge and as Additional Rent, a sum equal to interest at the Applicable Rate on the amount unpaid. All late charges payable by Tenant hereunder shall be computed from the date such payment was due (without regard to any grace
period set forth in this Section 20.2), to and including the date of payment.  
 ARTICLE 21 

NO REPRESENTATIONS BY LANDLORD 

Section 21.1. Landlord and Landlord’s agents have made no representations, warranties or promises with respect to the Building, the
Real Property or the Premises except as herein expressly set forth, and no rights, easements or licenses are acquired by Tenant by implication or otherwise except as expressly set forth herein. Tenant shall accept possession of the Premises on the
Commencement Date in its “as is” but vacant and broom-clean condition, except that Landlord’s Work shall be Substantially Complete thereon, and Tenant shall accept the Terrace on the Commencement Date in its “as is”
condition, subject to Article 41 hereof. Except for the completion of any Landlord’s Work, Landlord shall have no obligation to perform any other work or make any other installations in order to prepare the Premises for Tenant’s
occupancy. Landlord hereby warrants against defects in Landlord’s Work for a period of time following Substantial Completion equal to the period of time for which the General Contractor (as such term is defined in the Work Agreement) warrants
to Landlord against defects in such work. The taking of occupancy of the whole or any part of the Premises by Tenant shall be conclusive evidence, as against Tenant, that Tenant accepts possession of the same and that the Premises and the Building
were in good and satisfactory condition at the time such occupancy was so taken (except as to non-compliance with applicable Requirements caused by Landlord’s failure to comply with the Final Plans (as
defined in the Work Agreement) in performing Landlord’s Initial Alterations Work and Hazardous Materials and latent defects) and that the Premises were substantially as shown on Schedules A, B and C. The foregoing is not intended to
relieve Landlord from its repair and maintenance obligations under this Lease. 
 Section 21.2. All references in this Lease to the
consent or approval of Landlord shall be deemed to mean the written consent or approval executed by Landlord and no other consent or approval of Landlord shall be effective for any purpose whatsoever. 

  
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 ARTICLE 22 

END OF TERM 

Section 22.1. Upon the expiration or other termination of this Lease, Tenant shall quit and surrender to Landlord the Premises and the
Terrace, vacant, broom clean, in good order and condition, ordinary wear and tear excepted, and Tenant shall remove all Specialty Alterations and all Additional Specialty Alterations subject to the provisions of
Section 6.1(C)(2). Tenant shall also remove all of Tenant’s Property and all other personal property and personal effects of all persons claiming through or under Tenant, and shall pay the cost of repairing all damage
to the Premises and the Real Property (including the Terrace) occasioned by such removal. Any Tenant’s Property or other personal property that remains in the Premises or the Terrace after the Expiration Date shall be deemed to have been
abandoned and either may be retained by Landlord as its property or may be disposed of in such manner as Landlord may see fit. If such Tenant’s Property or other personal property or any part thereof is sold, Landlord may receive and retain the
proceeds of such sale as the property of Landlord. Any expense incurred by Landlord in removing or disposing of such Tenant’s Property or other personal property or Alterations required to be removed as provided in Article 6, as well as
the cost of repairing all damage to the Building (including the Terrace) or the Premises caused by such removal, shall be reimbursed to Landlord by Tenant, as Additional Rent, on demand. 

Section 22.2. If the Fixed Expiration Date falls on a day which is not a Business Day, then Tenant’s obligations under
Section 22.1 shall be performed on or prior to the immediately preceding Business Day. 
 Section 22.3. If
the Premises and the Terrace are not surrendered within forty-five (45) days after the expiration or other termination of this Lease, Tenant hereby indemnifies Landlord against liability or expense (including any consequential damages)
resulting from delay by Tenant in so surrendering the Premises and the Terrace, including any claims made by any succeeding tenant or prospective tenant founded upon such delay and agrees to be liable to Landlord for (i) any payment or rent
concession which Landlord may be required to make to any tenant obtained by Landlord for all or any part of the Premises and the Terrace as a result of such delay and (ii) the loss of the benefit of the bargain if any such tenant shall
terminate its lease by reason of the holding-over by Tenant. Landlord’s rights under this Section 22.3 are in addition to the holdover rental payable by Tenant under Section 39.7. 

Section 22.4. Tenant expressly waives, for itself and for any person claiming through or under Tenant, any rights that Tenant or any such
person may have under the provisions of Section 2201 of the New York Civil Practice Law and Rules and of any similar or successor law of like import then in force in connection with any holdover proceedings that Landlord may institute to
enforce the provisions of this Article. 
 Section 22.5. Tenant’s obligations under this Article shall survive the expiration or
termination of this Lease. 
 ARTICLE 23 

POSSESSION 

Section 23.1. If Landlord shall be unable to deliver possession of the Premises on any date specified as the Commencement Date or any
additional space to be included within the Premises on the specific date (if any) designated in this Lease for any reason whatsoever, then except to the extent expressly provided in this Lease, Landlord shall not be subject to any

  
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liability therefor and the validity of this Lease shall not be impaired thereby nor the Expiration Date extended, but the Commencement Date, or the commencement date with respect to such
additional space, as applicable, shall be postponed until Landlord shall notify Tenant that the Premises or such additional space, as the case may be, is available for use by Tenant. Tenant expressly waives any right to rescind this Lease under Section 223-a of the New York Real Property Law or under any present or future statute of similar import then in force and further expressly waives the right to recover any damages that may result from
Landlord’s failure to deliver possession of the Premises or any additional space, as the case may be, on the specific date (if any) designated for the commencement of the Term. Tenant agrees that the provisions of this Article 23 are
intended to constitute “an express provision to the contrary” within the meaning of said Section 223-a of the New York Real Property Law. 

ARTICLE 24 
 NO WAIVER 

Section 24.1. No act or thing done by Landlord or Landlord’s agents during the Term shall be deemed an acceptance of a surrender of
the Premises, and no agreement to accept such surrender shall be valid unless in writing signed by Landlord. No employee of Landlord or of Landlord’s agents shall have any power to accept the keys to the Premises prior to the termination of
this Lease. The delivery of keys to any employee of Landlord or of Landlord’s agents shall not operate as a termination of this Lease or a surrender of the Premises. If Tenant shall at any time desire to have Landlord sublet the Premises for
Tenant’s account, Landlord or Landlord’s agents are authorized to receive the keys for such purpose without releasing Tenant from any of the obligations under this Lease, and Tenant hereby relieves Landlord of any liability for loss of or
damage to any of Tenant’s effects in connection with such subletting. 
 Section 24.2. The failure of either party to seek redress
for violation of, or to insist upon the strict performance of, any covenant or condition of this Lease, or, with respect to Landlord, any of the Rules and Regulations, shall not prevent a subsequent act, which would have originally constituted a
violation, from having all of the force and effect of an original violation. The receipt by Landlord of Fixed Rent, Additional Rent or any other item of Rental with knowledge of the breach of any covenant of this Lease shall not be deemed a waiver
of such breach. The failure of Landlord to enforce any of the Rules and Regulations against Tenant or any other tenant in the Building shall not be deemed a waiver of any such Rules and Regulations. Except as otherwise provided, no provision of this
Lease shall be deemed to have been waived by either party, unless such waiver shall be in writing and shall be signed by such party. No payment by Tenant or receipt by Landlord of a lesser amount than the Rental then due and payable shall be deemed
to be other than on account of the earliest item(s) of Rental, or as Landlord may elect to apply the same, nor shall any endorsement or statement on any check or any letter accompanying any check or payment be deemed an accord and satisfaction, and
Landlord may accept such check or payment without prejudice to Landlord’s right to recover the balance due of the Rental or pursue any other remedy in this Lease provided. This Lease contains the entire agreement between the parties and all
prior negotiations and agreements are merged herein. Any executory agreement hereafter made shall be ineffective to change, discharge or effect an abandonment of this Lease in whole or in part unless such executory agreement is in writing and signed
by the party against whom enforcement of the change, discharge or abandonment is sought. 

  
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 ARTICLE 25 

WAIVER OF TRIAL BY JURY 

Section 25.1. Landlord and Tenant shall and they hereby do waive trial by jury in any action, proceeding or counterclaim brought by
either of them against the other on any matters whatsoever arising out of or in any way connected with this Lease, the relationship of Landlord and Tenant, Tenant’s use or occupancy of the Premises, whether during or after the Term, or for the
enforcement of any remedy under any statute, emergency or otherwise. If Landlord shall commence any summary proceeding against Tenant, Tenant will not interpose any counterclaim of whatever nature or description in any such proceeding (unless
failure to impose such counterclaim would preclude Tenant from asserting in a separate action the claim which is the subject of such counterclaim), and will not seek to consolidate such proceeding with any other action which may have been or will be
brought in any other court by Tenant or Landlord. 
 ARTICLE 26 

INABILITY TO PERFORM 

Section 26.1. This Lease and the obligation of Tenant to pay Rental hereunder and to perform all of the other covenants and agreements
hereunder on the part of Tenant to be performed shall in no way be affected, impaired or excused because Landlord is unable to fulfill any of Landlord’s obligations under this Lease, expressly or implicitly to be performed by Landlord, or
because Landlord is unable to make or is delayed in making any repairs, additions, alterations, improvements or decorations, or is unable to supply or is delayed in supplying any services, equipment or fixtures, if Landlord is prevented from or
delayed in so doing by reason of acts of God, casualty, strikes or labor troubles, accident, acts of war, terrorism, bioterrorism (i.e., the release or threatened release of an airborne agent that may adversely affect the Building or its
occupants), governmental preemption in connection with an emergency, Requirements, conditions of supply and demand which have been or are affected by war, terrorism, bioterrorism or other emergency, delays in the issuance of any licenses, permits or
certificates of occupancy or sign-offs from or by the New York City Department of Buildings or other like governmental agencies not due to the negligence, willful misconduct, acts or failures to act (where there is a duty to act) of Landlord or its
agents, or any other cause whatsoever, whether similar or dissimilar to the foregoing, beyond Landlord’s reasonable control (“Unavoidable Delays”). Notwithstanding the foregoing, the provisions of Article 13 shall
control in all cases where the Premises have been destroyed in whole or in part. 

  
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 ARTICLE 27 

BILLS AND NOTICES 

Section 27.1. 
 (A) Except
as otherwise expressly provided in this Lease, any bills, statements, consents, notices, demands, requests or other communications given or required to be given under this Lease (“Notice(s)”) shall be in writing and shall be deemed
sufficiently given or rendered if delivered by hand (against a signed receipt), by a recognized overnight courier service (with a signed receipt) or if deposited in a securely fastened, postage prepaid envelope in a depository that is regularly
maintained by the U.S. Postal Service, sent by registered or certified mail (return receipt requested) and in any case addressed: 
 (a) if
to Tenant prior to the date on which Tenant first occupies the Premises for the conduct of its business, at Tenant’s address set forth on the first page of this Lease, Attention: President, or at any place where Tenant or any agent or employee
of Tenant may be found if given subsequent to Tenant’s vacating, deserting, abandoning or surrendering such address, with a simultaneous copy to Tenant at Tenant’s address set forth on the first page of this Lease, Attention: General
Counsel. 
 (b) if to Tenant from and after the date on which Tenant first occupies the Premises for the conduct of its business, at the
Premises, Attention: President, or at any place where Tenant or any agent or employee of Tenant may be found if given subsequent to Tenant’s vacating, deserting, abandoning or surrendering such address, with a simultaneous copy to Tenant at the
Premises, Attention: General Counsel, 
 and in the case of Notices of default, with a simultaneous copy as follows: 

 

	 	(i)	 Mintz &Gold LLP  

600 Third Avenue, 25th Floor 

New York, New York 10016 
 Attn:
Alan Katz, Esq. 
 (c) if to Landlord, at Maple West 25th Owner, LLC c/o Normandy Real Estate Partners, 53 Maple Avenue, Morristown, New
Jersey 07960, Attention: Mr. Paul Teti, with simultaneous copies to each of: 
  

	 	(i)	 Normandy Real Estate Partners 

53 Maple Avenue 
 Morristown,
New Jersey 07960 
 Attention: Stephen J. Cusma, Esq. 

General Counsel 

  
 68 

	 	(ii)	 Loeb & Loeb LLP 

345 Park Avenue 
 New York, New
York 10154 
 Attention: Raymond A. Sanseverino, Esq., 

and 
  

	 	(iii)	 any Mortgagee or Lessor who may have requested the same, by Notice given in accordance with the provisions of
this Article 27, at the address designated by such Mortgagee or Lessor. 

 Each of Landlord and Tenant may designate new
address(es) for Notice by Notice given to the other in accordance with the provisions of this Article 27. 
 (B) Notices shall be
deemed to have been rendered or given (i) on the Business Day delivered, if delivered by hand or by recognized overnight courier service, prior to 5:00 p.m. of such Business Day, or if delivered on a day other than a Business Day or after 5:00
p.m. on any day, then on the next Business Day following such delivery, or (ii) three (3) Business Days after the date mailed, if mailed as provided in Section 27.1(A). Notice given by counsel for either party on
behalf of such party or by the Manager on behalf of Landlord shall be deemed valid notices if addressed and sent in accordance with the provisions of this Article. 

Section 27.2. Notwithstanding the provisions of Section 27.1, (i) Notices requesting services for Overtime
Periods pursuant to Article 28 may be given by delivery to the Building superintendent or any other person in the Building designated by Landlord or the Manager to receive such Notices and (ii) Landlord’s Statements or other bills
may be rendered by delivering them to Tenant at the Premises without the necessity of a receipt, and without providing a copy of Landlord’s Statements or bills to any other party. At the end of the Term, Tenant shall advise Landlord of
Tenant’s forwarding address. This provision shall survive the expiration or earlier termination of this Lease. 
 ARTICLE 28 

SERVICES AND EQUIPMENT 

Section 28.1. Landlord shall, at Landlord’s expense: 

(A) Provide non-exclusive access to the Building’s freight elevator and loading dock serving the
Premises (or, at any time prior to the freight elevator being operational, to the Building’s outside hoist) on call on a “first come, first served” basis during Freight Elevator Hours without additional charge to Tenant; and on a
reservation, exclusive “first come, first served” basis during Overtime Periods, with a minimum block of four (4) consecutive hours to be reserved during such Overtime Periods at Landlord’s Building-standard rate (which shall be
commercially reasonable), which amounts shall be payable to Landlord as Additional Rent. Notwithstanding anything to the contrary contained herein, Landlord shall waive the cost of up to thirty (30) hours of freight elevator (or outside hoist,
as the case may be) usage during 

  
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 Overtime Periods, subject to all other requirements above (including, without limitation, the requirement
that such usage be scheduled in blocks of at least four (4) hours), during Tenant’s initial single-phase move in to the Premises. There shall be no charge for freight elevator (or outside hoist, as the case may be) usage in connection with
Landlord’s Initial Alterations Work. Landlord shall, at Landlord’s expense, repair any damage to the Premises caused by the installation, existence or removal of the outside hoist. 

(B) Provide passenger elevator service to the Premises on Business Days during Operating Hours, provided that at least one (1) elevator
shall be available to all floors of the Premises at all times. Tenant agrees that Landlord may, at its election, install elevators with or without operators and may change the same from time to time. 

(C) As soon as Tenant occupies the Premises for the conduct of its business, furnish to the Premises, through the HVAC System, during
Operating Hours, chilled air and heat and/or ventilation in accordance with the Performance Specifications set forth in Section 38.1(B) hereof.; provided that Tenant shall draw and close the draperies or blinds for
the windows of the Premises whenever the HVAC System is providing ventilation or air-conditioning and the position of the sun so requires and shall, at all times, cooperate fully with Landlord and abide by all
of the Rules and Regulations which Landlord may prescribe for the proper functioning of the HVAC System. Tenant expressly acknowledges that some or all windows are or may be hermetically sealed and will not open and Landlord makes no representation
as to the habitability of the Premises at any time the HVAC System is not in operation. Subject to Section 7.3(B) of this Lease, Tenant hereby expressly waives any claims against Landlord arising out of the cessation of
operation of the HVAC System, or the suitability of the Premises when the same is not in operation, whether due to normal scheduling or the reasons set forth in Section 28.3. Landlord will not be responsible for the failure
of the HVAC System if such failure results from the occupancy of the Premises by more than an average of one (1) person for each one hundred (100) square feet of usable area or if Tenant uses in excess of six (6) watts of electricity
per rentable square foot of the Premises. If Tenant occupies the Premises at an occupancy rate of greater than that for which the HVAC System was designed (one (1) person per 100 square feet of usable area) or uses in excess of six
(6) watts of electricity per rentable square foot, or if Tenant’s partitions are arranged in such a way as to interfere with the normal operation of the HVAC System, Landlord may elect to make changes to the HVAC System or the ducts
through which it operates as required by reason of such conditions, and the reasonable cost of such changes shall be reimbursed by Tenant to Landlord as Additional Rent within twenty (20) days after presentation of a bill therefor. Any dispute
regarding Landlord’s election to make changes to the HVAC System pursuant to the foregoing sentence shall be resolved by expedited arbitration in accordance with Article 43 of this Lease. Subject to Section 7.3,
Landlord, throughout the Term, shall have free access to all mechanical installations of Landlord, including but not limited to air-cooling, fan, ventilating and machine rooms and electrical closets, and
Tenant shall not construct or place partitions, furniture or other obstructions that may interfere with Landlord’s free access thereto or the proper functioning of Building Systems, or interfere with the moving of Landlord’s equipment to
and from the enclosures containing said installations. Neither Tenant nor its agents, employees or contractors shall at any time enter the said enclosures or tamper with, adjust, touch or otherwise in any manner affect said mechanical installations.
Landlord’s obligations under this Section 28.1 and under Section 28.2 are subject to applicable Laws that may limit the hours or the extent to which Landlord is permitted to supply HVAC.
Landlord shall have no obligation to supply HVAC to the Basement Space. 

  
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 (D) Furnish hot and cold water for ordinary drinking, pantry, cleaning and lavatory
purposes (specifically excluding showers) to the core restrooms in the Premises. If Tenant requires, uses or consumes water for any other purposes (including, without limitation, showers), Tenant agrees that Tenant shall install a meter or meters to
measure Tenant’s water consumption, and Tenant further agrees to pay for the cost of the meter or meters and the installation thereof, and to pay for the maintenance of said meter equipment. Tenant shall pay to Landlord one hundred eight
percent (108%) of the cost of all water consumption measured as provided above, as Additional Rent, within thirty (30) days after bills are rendered. Tenant shall also pay the New York City sewer rents, charges and any other tax apportioned to
the Premises in accordance with the measured consumption of water therein, and shall reimburse Landlord for all other costs of providing the same, as Additional Rent, within thirty (30) days after bills are rendered. Except with respect to the
core restrooms and any pantries on the floors of the Building on which the Premises are located, Tenant shall pay all costs of generating hot water for Tenant’s use. 

(E) Landlord shall not be obligated to provide cleaning of the Premises or refuse or rubbish removal for the Premises, except that Landlord
shall clean the interior and exterior of the exterior windows of the Premises twice yearly. Tenant shall contract with reputable contractors, duly licensed and qualified, to perform janitorial services and extermination services in the Premises. The
level of service provided by the janitorial contractor shall, at a minimum, include the nightly cleaning and re-stocking of restrooms that are part of the Premises, the proper collection and disposal of
rubbish and recyclables as provided in this Lease and the general cleaning of the Premises to a level commensurate with that customarily provided in tenant-cleaned spaces in first-class office buildings similar to the Building. Tenant shall have the
option of utilizing Landlord’s base building cleaning and extermination contractors, but will be required to contract directly with any such contractor and to pay such contractor directly for all services rendered to the Premises. Landlord
shall in no event be responsible for the oversight or performance of any work in the Premises by any of Landlord’s base building contractors and shall not be a party to any contract between the Tenant and any contractor. Landlord shall have the
right to terminate its contract with any contractor at any time, without regard to any contracts that may exist between the Tenant and any contractor. Landlord will provide Tenant’s cleaning, rubbish removal and pest control contractors with
access to the Building at commercially reasonable times for the purpose of performing their contracted duties. Tenant shall provide Landlord with a schedule of Tenant’s contractors and their employees requiring access and shall be responsible
for updating such schedule at all times, and in no event shall Landlord have any liability to Tenant whatsoever for denying access to any contractor’s employees who are not on such schedule. Tenant shall be responsible for providing its
contractors with access to the Premises and for providing the contractors with any keys, access cards or codes as necessary. Tenant shall be responsible for controlling each of its contractors’ use and possession of all keys, access cards and
codes. All of the equipment of such contractors shall be stored within the Premises or removed from the Building. 

  
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 (F) (i) Tenant shall, at its sole cost and expense, comply with all Requirements with
respect to the recycling or sorting of refuse and rubbish, and, without limiting the generality of the foregoing, (a) shall recycle spent products, including toner cartridges, copier drums and fluorescent tubes, and (b) shall provide
facilities in the Premises for separate storage and recycling of each of the following: (x) paper products and cardboard, (y) aluminum, glass and plastic, and (z) food wastes and so-called
“wet garbage”. Tenant shall arrange and require its employees working in the Premises to participate in annual training regarding recycling and shall participate in Landlord-sponsored training programs regarding recycling. Landlord
reserves the right to refuse to collect or accept from Tenant any refuse or rubbish which is not separated and sorted as required and to require Tenant to arrange for such collection, at Tenant’s sole cost and expense, using a contractor
reasonably satisfactory to Landlord. 
 (ii) Tenant shall cause the Premises to be treated against infestation by vermin, rodents or roaches
on at least a monthly basis, and more frequently, as necessary, whenever there is evidence of any infestation. Tenant shall not permit any Person to enter the Premises or the Building for the purpose of providing such extermination services, unless
such Person has been approved by Landlord (such approval not to be unreasonably withheld, conditioned or delayed). 
 (G) If the
“sprinkler system” installed in the Building or any of its appurtenances are damaged or injured or not in proper working order by reason of any act or omission of Tenant or of Persons Within Tenant’s Control, Tenant shall forthwith
restore the same to good working condition at Tenant’s expense; and if the New York Board of Fire Underwriters or the New York Insurance Rating Organization or any Government Authority requires or recommends that any changes, modifications,
alterations or additional sprinkler heads or other equipment be made or supplied by reason of Tenant’s business, or the location of the partitions, trade fixtures, or other contents of the Premises, Landlord shall, at Tenant’s expense,
promptly make and supply such changes, modifications, alterations, additional sprinkler heads or other equipment (pursuant to submission of necessary engineering plans and specifications for Landlord’s approval). 

(H) Subject to compliance with Landlord’s Rules and Regulations and security protocols for the Building, Tenant shall have access to the
Building and the Premises twenty-four (24) hours per day, seven (7) days per week.     
 (I) So long as the
Tenant shall lease at least two (2) contiguous full floors, Tenant shall have the right to use the fire staircase connecting contiguous floors of the Premises (the “Convenience Stairs”) solely as convenience stairs in accessing
each floor of the Premises; provided, that Tenant, at its sole cost and expense, complies with all applicable Requirements in connection with such use as convenience stairs as opposed to fire stairs (it being understood that Landlord and
Landlord’s authorized personnel shall be permitted to use such Fire Stairs in connection with the operation and maintenance of the Building). In using the Convenience Stairs and in preparing said Convenience Stairs for use by Tenant, Tenant
shall be responsible for all incremental costs and expenses in connection therewith (including any increase in Landlord’s insurance costs resulting from Tenant’s use thereof and any additional out-of-pocket costs to Landlord resulting from the need to install, maintain and provide electricity to continuous lighting fixtures serving the Convenience Stairs) and shall comply with the terms of this
Lease and all applicable Requirements for use as convenience stairs applicable to the Building. If Tenant so utilizes the Convenience Stairs as convenience stairs, then, unless 

  
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 Landlord directs Tenant otherwise, Tenant shall maintain and repair at its sole cost and expense the
Convenience Stairs, including, without limitation, the periodic painting and cleaning thereof in a manner appropriate for a First Class Office Building. In no event shall Tenant be permitted to store any equipment, furniture, storage boxes or
any other personal property whatsoever in the Convenience Stairs. Tenant shall be solely responsible for the operation of the locking system on the doors from the Convenience Stairs to the Premises and hereby waives any and all claims against
Landlord arising out of or in connection with parties gaining access to and from the Premises through the Convenience Stairs. All of the provisions of this Lease in respect of indemnification shall apply to the Convenience Stairs, as if the same
were part of the Premises, if and to the extent any such indemnification obligation arises from the use or misuse or maintenance of or alterations to the Convenience Stairs by Tenant or anyone claiming by, through or under Tenant. Tenant shall have
the right to install, in accordance with Article 6 hereof and to the extent permitted by Requirements, (x) a security system in the Convenience Stairs, that shall be able to connect to the Class E system that constitutes part of the
Building Systems, and security cameras that seek to prevent unauthorized persons from entering the Premises from the Convenience Stairs and/or the egress doors, and (y) reasonable finishes in the Convenience Stairs (such as floor covering,
paint and lighting) and such signage in the Convenience Stairs as is approved by Landlord in its sole discretion, in either case at Tenant’s expense). 

(J) Landlord shall provide one telecommunications closet located on each floor of the Premises, as shown hatched on Schedule N attached
hereto (the “Telecommunications Closets”), which will contain multiple conduits for Tenant’s use. Tenant shall have access to a 4’ conduit or existing conduit sleeve within the Telecommunications Closets at no additional
cost to Tenant. As of the date hereof, telecommunication providers have not yet been established for Building, but Landlord intends that (x) the Building will contain a new fiber-optic system to manage modern data requirements and (y) that
Tenant will have access to no less than two providers for telecommunications services. If Tenant determines that the telecommunication providers for the Building are not acceptable for Tenant’s telecommunication needs, Tenant shall have the
right to use a different telecommunication provider (“Tenant’s Telecom Provider”), provided that (i) Tenant’s Telecom Provider shall enter into a commercially reasonable contract with Landlord, acceptable to
Landlord, for the provision of telecommunication services to the Premises, (ii) Tenant shall reimburse Landlord as Additional Rent for all costs of the provision of services by Tenant’s Telecom Provider, within twenty (20) days after
the date that Landlord gives to Tenant an invoice therefor from time to time and (iii) Tenant shall indemnify Landlord for the costs and expenses of any repairs to the Premises and/or the Building which Landlord deems necessary due to damage to
the Premises and/or the Building caused by Tenant’s Telecom Provider. 
 Section 28.2. In furtherance of and without limiting the
provisions of Section 28.1(D) hereof, the Fixed Rent does not reflect or include any charge to Tenant for the furnishing of HVAC service to the Premises during Overtime Periods. Accordingly, if Landlord furnishes any HVAC
service to the Premises at the request of Tenant during Overtime Periods, Tenant shall pay Landlord Additional Rent for such services at the rate of $150.00 per full floor per hour (provided, however, that Tenant shall pay Landlord Additional Rent
at the discounted rate of $50.00 per full floor per hour for the first one thousand (1,000) hours of HVAC service provided to Tenant during Overtime Periods each calendar year during the Term). Landlord shall not be 

  
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 required to furnish any such services during any Overtime Periods unless Landlord has received advance
notice from Tenant requesting such services prior to 3:00 p.m. of the Business Day upon which such services are requested or by 3:00 p.m. of the last preceding Business Day if such Overtime Periods are to occur on a day other than a Business Day. If
Tenant fails to give Landlord such advance notice, then failure by Landlord to furnish or distribute any such services during such Overtime Periods shall not constitute an actual or constructive eviction, in whole or in part, or entitle Tenant to
any abatement or diminution of Rental, or relieve Tenant from any of its obligations under this Lease, or impose any liability upon Landlord or its agents by reason of inconvenience or annoyance to Tenant, or injury to or interruption of
Tenant’s business or otherwise. 
 Section 28.3. Subject to Section 7.3 hereof, Landlord reserves the
right to stop the furnishing of the Building services and to stop service of the Building Systems, when necessary, by reason of accident, or emergency, or for Alterations in the judgment of Landlord desirable or necessary to be made, until said
Alterations shall have been completed; and Landlord shall have no responsibility or liability for failure to supply air-conditioning, ventilation, heat, elevator, plumbing, electric, or other services during
said period or when prevented from so doing by strikes, lockouts, labor troubles, difficulty of obtaining materials, accidents or by any cause beyond Landlord’s reasonable control that is related to such failure to provide services, or by
Requirements or failure of electricity, water, steam, coal, oil or other suitable fuel or power supply, or inability by exercise of reasonable diligence to obtain electricity, water, steam, coal, oil or other suitable fuel or power. No diminution or
abatement of rent or other compensation shall or will be claimed by Tenant as a result therefrom, nor shall this Lease or any of the obligations of Tenant be affected or reduced by reason of such interruption, curtailment or suspension, nor shall
the same constitute an actual or constructive eviction. Without limiting events that may constitute “any cause beyond Landlord’s reasonable control,” the following are items which Landlord and Tenant agree are beyond Landlord’s
reasonable control: 
 (i) Lack of access to the Building or the Premises (which shall include, but not be limited to, the lack of access to
the Building or the Premises when it or they are structurally sound but inaccessible due to evacuation of the surrounding area or damage to nearby structures or public areas); 

(ii) Any cause outside the Building (not caused by Landlord or 

its employees or agents); 

(iii) Reduced air quality or other contaminants within the Building that would adversely affect the Building or its occupants (including, but
not limited to, the presence of biological or other airborne agents within the Building or the Premises); 
 (iv) Disruption of mail and
deliveries to the Building or the Premises resulting from a casualty; 
 (v) Disruption of telephone and telecommunications services to the
Building or the Premises resulting from a casualty; or 

  
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 (vi) Blockages of any windows, doors, or walkways to the Building or the Premises resulting
from a casualty. 
 Section 28.4. Tenant agrees to cooperate fully with Landlord, and to abide by all requirements which Landlord may
prescribe, to ensure the most effective and energy-efficient operation of the Building, and for the proper protection and functioning of its Building Systems and the furnishing of the Building services. Tenant further agrees to cooperate with
Landlord in any conservation effort pursuant to a program or procedure promulgated or recommended by ASHRAE or the public utility serving the Building. 

Section 28.5. Landlord shall have no obligation to clean, repair, replace or maintain any “private” plumbing fixtures or
facilities (i.e., plumbing fixtures and facilities other than those that would be the common toilets in a multi-tenant floor) or the rooms in which they are located. 

Section 28.6. Subject to all of the provisions of this Lease governing Alterations, including, but not limited to, the submission of
plans and specifications and the obtaining of Landlord’s consent to same as required under Article 6, Tenant, at Tenant’s sole cost and expense, shall have the right to install supplemental
air-conditioning units in the Premises (“Supplemental A/C Units”). Subject to the following provisions, including, without limitation, the last sentence of this
Section 28.6, in the event that Tenant elects to install any Supplemental A/C Units, Landlord shall make available to Tenant for its use at all times throughout the Term, up to twenty (20) tons of condenser water (the
“Maximum Number of Tons”) for the Supplemental A/C Units, at Landlord’s standard rates, which as of the date of this Lease are as follows: an annual fee of $500.00 per ton connected to Tenant’s Supplemental A/C Units,
payable in monthly installments (such initial and annual fees as may be in effect from time to time during the Term of this Lease, the “Condenser Water Charges”). Landlord shall provide valved and capped outlets at Landlord’s
sole cost. When applicable throughout the Term, Tenant shall pay to Landlord, as Additional Rent, within thirty (30) days after receipt of each bill therefor, the Condenser Water Charges. If Tenant installs any Supplemental A/C Units, Tenant,
at Tenant’s sole cost and expense, shall maintain and repair the same using a contractor reasonably acceptable to Landlord pursuant to a maintenance contract reasonably acceptable to Landlord. Landlord, at Tenant’s cost, shall install a
meter to measure the electricity required to operate the Supplemental A/C Units (or, at Landlord’s option, Landlord may connect the Supplemental A/C Units to the submeter(s) referred to in Article 4 at Tenant’s expense), and Tenant
shall pay for the cost of such electricity as shown on such submeter(s) within thirty (30) days after receipt of each bill therefor in accordance with the provisions of Article 4. Any Supplemental A/C Units so installed by or on behalf
of Tenant shall be sized for maximum efficiency and shall have an equipment energy efficiency rating of not less than that prescribed by ASHRAE Standard 90.1-2010. Notwithstanding the foregoing, Landlord shall reserve up to the Maximum Number of
Tons of condenser water for Tenant’s use through and including the first anniversary of the Commencement Date, after which time, if Tenant shall not have requested that Landlord make all or any portion of such capacity available or
connected all or any portion of such capacity to Tenant’s Supplemental A/C Units (with time being of the essence), Landlord shall no longer be required to maintain the same for Tenant’s exclusive use, provided that Tenant may thereafter
request condenser water as set forth herein, subject to availability. 

  
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 Section 28.7. Subject to the terms and conditions of this Lease, Landlord shall provide
security services and procedures to the Building at the levels then being maintained by other owners of first-class office buildings in Manhattan that are of comparable size and location and taking into account any unique features of the Building
and the Building’s layout and similar qualifications, it being agreed that (i) in no event shall Landlord have any liability to Tenant, or shall Tenant be entitled to any rent abatement, in the event that Tenant suffers any loss, damage,
cost or expense as a result of any security incident occurring in or about the Building and (ii) nothing contained herein shall be construed to permit Tenant to control or monitor Landlord’s system of security services and procedures.
 
 ARTICLE 29 

PARTNERSHIP TENANT 

Section 29.1. If Tenant is a partnership, or is comprised of two (2) or more persons, individually or as co-partners of a partnership (any such partnership and such persons are referred to in this Article 29 as “Partnership Tenant”), or if Tenant’s interest in this Lease shall be assigned
to a Partnership Tenant, the following provisions shall apply to such Partnership Tenant: (a) the liability of each of the parties comprising Partnership Tenant shall be joint and several; (b) each of the parties comprising Partnership
Tenant hereby consents in advance to, and agrees to be bound by (i) any written agreement that may hereafter be executed by Partnership Tenant or any successor entity, changing, extending or discharging this Lease, in whole or in part, or
surrendering all or any part of the Premises to Landlord, and (ii) any Notices that may hereafter be given by Partnership Tenant or by any of the parties comprising Partnership Tenant; (c) any Notices given or rendered to Partnership
Tenant or to any of such parties shall be binding upon Partnership Tenant and all such parties; (d) if Partnership Tenant admits new partners, all of such new partners shall, by their admission to Partnership Tenant, be deemed to have assumed
joint and several liability for the performance of all of the terms, covenants and conditions of this Lease on Tenant’s part to be observed and performed; (e) Partnership Tenant shall give prompt notice to Landlord of the admission of any
such new partners, and upon demand of Landlord, shall cause each such new partner to execute and deliver to Landlord an agreement in form satisfactory to Landlord, wherein each such new partner assumes joint and several liability for the performance
of all the terms, covenants and conditions of this Lease on Tenant’s part to be observed and performed (but neither Landlord’s failure to request any such agreement nor the failure of any such new partner to execute or deliver any such
agreement to Landlord shall vitiate the provisions of clause (d) of this Article 29); and (f) any present or future partner of Partnership Tenant who is no longer a partner of Partnership Tenant at the time of any default
under this Lease shall, nevertheless, remain liable for the obligations of Tenant under this Lease, as if any such partner had been a partner of Partnership Tenant on the date of such default. 

ARTICLE 30 
 VAULT SPACE

 Section 30.1. Notwithstanding anything contained in this Lease or indicated on any sketch, blueprint or plan, any vaults, vault
space or other space outside the boundaries of the Real Property are not included in the Premises. Landlord makes no representation as to the 

  
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 location of the boundaries of the Real Property. All vaults and vault space and all other space outside the
boundaries of the Real Property which Tenant may be permitted to use or occupy are to be used or occupied under a revocable license, and if any such license is revoked, or if the amount of such space is diminished or required by any Government
Authority or by any public utility company, such revocation, diminution or requisition shall not constitute an actual or constructive eviction, in whole or in part, or entitle Tenant to any abatement or diminution of Rental, or relieve Tenant from
any of its obligations under this Lease, or impose any liability upon Landlord. Any fee, tax or charge imposed by any Government Authority for any such vaults, vault space or other space occupied by Tenant shall be paid by Tenant. 

ARTICLE 31 
 SIGNS 

Section 31.1. Subject to compliance with all Requirements, Tenant shall have the right to install and maintain on the roof of the
Building on the exterior of the Penthouse Space identifying signage approved by Landlord in its sole discretion, and the location, design, and the method by which the same may be affixed to the Building are also subject to Landlord’s approval
in its sole discretion. Tenant shall have the right to maintain identifying signage on the entrance door to the Premises and, so long as Tenant shall lease the entire rentable area of such floor, in the elevator lobby on the floor on which the
Premises is located. If during the Term hereof, any other tenant of space in the Building leases space in the Building comprising the same RSF or fewer RSF than Tenant is then occupying in the Premises, and Landlord gives such tenant the right to
install signage in the lobby of the Building, then Tenant shall have the right to install, at Tenant’s sole cost and expense, and have its name and logo displayed on, comparable signage in the lobby of the Building in a visible location
to be determined at Landlord’s sole discretion. For the avoidance of doubt, in the event any tenant of space in the Building leases space in the Building comprising more than the RSF Tenant is then occupying in the Premises and such other
tenant is granted the right to install signage in the lobby of the Building, Tenant shall not have the right to install signage in the lobby of the Building. In no event shall Tenant have the right to install any signage on the exterior of the
Building, except as otherwise provided in the first sentence of this Section 31.1. The rights granted to Tenant under this Section 31.1 are personal to the Tenant named in this Lease and any Person
that succeeds to such named Tenant pursuant to Section 15.3(B) of this Lease, but may not be exercised by any other Tenant. Except as provided in the first and third sentences of this Section 31.1,
the size, materials, quality, design, color and lettering of any signs desired by Tenant and permitted by this Lease shall be subject to the prior approval of Landlord (which shall not be unreasonably withheld) and shall be in compliance with all
Requirements. At Landlord’s option, Landlord may install any such signs, and Tenant shall pay all costs associated with such installation, as Additional Rent, within twenty (20) days after demand therefor. 

Section 31.2. Landlord shall make available to Tenant in any directory then maintained for the Building (the
“Directory”) such listings as may be requested by Tenant from time to time pursuant to this Section 31.2, provided that if such Directory is not computerized, the number of listings shall be limited to
Tenant’s Tax Share of the total number of listings available. The initial listing shall be without charge to Tenant. From time to time, Landlord shall revise any Directory then maintained to reflect such changes in the listings therein as
Tenant may request, and Tenant within thirty (30) days after demand by Landlord shall pay to Landlord, as Additional Rent, Landlord’s reasonable administrative charge for each requested revision, provided that there shall be no
administrative charge for the initial listings requested by Tenant.  

  
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 ARTICLE 32 

BROKER 

Section 32.1. Landlord represents and warrants to Tenant that Landlord has not dealt with any broker or Person in connection with this
Lease other than the Broker. Tenant represents and warrants to Landlord that Tenant has not dealt with any broker or Person in connection with this Lease other than the Broker. The execution and delivery of this Lease shall be conclusive evidence
that the parties have relied upon the foregoing representation and warranty. Landlord and Tenant shall indemnify and hold harmless the other party from and against any and all claims for commission, fee or other compensation by any Person (other
than the Broker with respect to Tenant’s indemnity to Landlord) who claims to have dealt with the indemnitor in connection with this Lease and for any and all costs incurred by the indemnitee in connection with such claims, including, without
limitation, attorneys’ fees and disbursements. Landlord shall pay Broker its commission pursuant to separate agreement. This provision shall survive the expiration or earlier termination of this Lease. 

ARTICLE 33 
 INDEMNITY 

Section 33.1. Tenant shall not do or permit any act or thing to be done upon the Premises or the Real Property (including the Terrace)
that may subject any Indemnitee to any liability or responsibility for injury, damage to persons or property or to any liability by reason of the existence or application of, compliance with or violation of any Requirement, but shall exercise such
control over the Premises and the Terrace as to protect each Indemnitee fully against any such liability and responsibility. Except to the extent caused by the willful misconduct or negligence of Landlord or its principals, officers and employees,
Tenant shall indemnify and save harmless the Indemnitees from and against (a) all claims of whatever nature against the Indemnitees to the extent arising from any willful misconduct or negligence of Tenant or Persons Within Tenant’s
Control, (b) all claims against the Indemnitees arising from any accident, injury or damage whatsoever caused to any person or to the property of any person and occurring in or about the Premises or the Terrace during the Term or during
Tenant’s occupancy of the Premises or the Terrace, (c) all claims against the Indemnitees arising from any accident, injury or damage occurring outside of the Premises and the Terrace but anywhere within or about the Real Property, where
such accident, injury or damage results or is claimed to have resulted from an act, omission (where there is a duty to act) or negligence of Tenant or Persons Within Tenant’s Control, and (d) any breach, violation or non-performance of any covenant, condition or agreement contained in this Lease to be fulfilled, kept, observed and performed by Tenant. This indemnity and hold harmless agreement shall include indemnity from and
against any and all liability, fines, suits, demands, costs and expenses of any kind or nature (including, without limitation, reasonable attorneys’ fees and disbursements) incurred in or in connection with any such claim or proceeding brought
thereon, and the defense thereof, and all collection costs (including, without limitation, reasonable attorneys’ fees and disbursements) incurred by Landlord in enforcing this indemnity provision against Tenant. 

  
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 Section 33.2. If any claim, action or proceeding is made or brought against any
Indemnitee, against which claim, action or proceeding Tenant is obligated to indemnify such Indemnitee pursuant to the terms of this Lease, then, upon demand by the Indemnitee, Tenant, at its sole cost and expense, shall resist or defend such claim,
action or proceeding in the Indemnitee’s name, if necessary, by such attorneys as the Indemnitee may select, including, without limitation, attorneys for the Indemnitee’s insurer. The provisions of this Article 33 shall survive the
expiration or earlier termination of this Lease. 
 ARTICLE 34 

ADJACENT EXCAVATION; SHORING 

Section 34.1. If an excavation shall be made upon land adjacent to the Building, or shall be authorized to be made, Tenant shall, upon
reasonable advance notice, afford to the person causing or authorized to cause such excavation, license to enter upon the Premises and the Terrace for the purpose of doing such work as said person shall deem necessary to preserve the walls of the
Building from injury or damage and to support the same by proper foundations without any claim for eviction or constructive eviction, damages or indemnity against Landlord, or diminution or abatement of Rental, provided that Tenant continues to have
access to the Premises. 
 ARTICLE 35 

SECURITY DEPOSIT 

Section 35.1. On or before 5:00 P.M. EST on December 18, 2015, Tenant shall deposit with Landlord the Security Deposit by Letter of
Credit (as defined and further described in Section 35.2), as security for the faithful performance and observance by Tenant of the terms, provisions and conditions of this Lease. Failure to deposit the Security Deposit by
such date (time being of the essence) shall constitute an Event of Default. Tenant agrees that in the event (i) of the occurrence of an Event of Default or (ii) Tenant has defaulted in the performance of any of its obligations under this
Lease, including the payment of any item of Rental, and the transmittal of a Notice of default by Landlord is barred by applicable law, Landlord may draw the entire amount of the Letter of Credit and use, apply or retain the whole or any part of
such proceeds, to the extent required for the payment of any Fixed Rent, Escalation Rent, or any other sum as to which Tenant is in default, or for any sum that Landlord may expend or may be required to expend by reason of the default (including any
damages or deficiency accrued before or after summary proceedings or other re-entry by Landlord). If Landlord applies or retains any portion or all of the proceeds of the Letter of Credit, Tenant shall
forthwith restore the amount so applied or retained by delivering an additional or new Letter of Credit so that, at all times, the amount of the Security Deposit shall be the amount set forth on the Reference Page. Provided there is no uncured
default, any balance of the proceeds of the Letter of Credit held by Landlord and not used, applied or retained by Landlord as above provided, and any remaining Letter of Credit, shall be returned to Tenant after the Fixed Expiration Date and after
delivery of possession of the entire Premises and the Terrace to Landlord in accordance with the terms of this Lease. 

  
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 Section 35.2. Tenant shall deliver to Landlord a clean, irrevocable and unconditional
letter of credit (such letter of credit, and any replacement thereof as provided herein, is called a “Letter of Credit”) issued and drawn upon any commercial bank approved by Landlord with offices for banking purposes in the City of
New York (“Issuing Bank”), which Letter of Credit shall have a term of not less than one year, be in form and content annexed as Schedule I hereto, be for the account of Landlord and be in the amount of the Security Deposit
set forth in the Reference Page. The Issuing Bank shall have combined capital, surplus and undivided profits of at least $500 million and a financial strength rating of at least “A” and a long-term rating of at least “Aa”,
as published by Moody’s Investors Services, Inc., or its successor (collectively, the “Issuing Bank Criteria”). If at any time during the Term, the Issuing Bank does not maintain the Issuing Bank Criteria, then Landlord may so
notify Tenant and, unless Tenant delivers a replacement Letter of Credit from another bank meeting the Issuing Bank Criteria within thirty (30) days after receipt of such notice, Landlord may draw the full amount of the Letter of Credit and
hold the proceeds as a cash security deposit in accordance with all Laws. The Letter of Credit shall provide that: 
 (A) The Issuing Bank
shall pay to Landlord or its duly authorized representative an amount up to the face amount of the Letter of Credit upon presentation of the Letter of Credit and a sight draft in the amount to be drawn; 

(B) The Letter of Credit shall be deemed to be automatically renewed, without amendment, for consecutive periods of one year each during the
Term, unless the Issuing Bank sends written notice (the “Non-Renewal Notice”) to Landlord by certified or registered mail, return receipt requested, at least sixty (60) days prior to the
expiration date of the Letter of Credit, to the effect that it elects not to have such Letter of Credit renewed; 
 (C) The Letter of Credit
delivered in respect of the last year of the Term shall have an expiration date of not earlier than sixty (60) days after the Fixed Expiration Date (or, if the Renewal Option has been exercised, an expiration date of not earlier than sixty
(60) days after the expiration date of the Renewal Term); and 
 (D) The Letter of Credit shall be transferable by Landlord as provided
in Section 35.4. 
 Section 35.3. Landlord, after receipt of the
Non-Renewal Notice, shall have the right to draw the entire amount of the Letter of Credit and to hold the proceeds as a cash Security Deposit. Landlord shall release such proceeds to Tenant upon delivery to
Landlord of a replacement Letter of Credit complying with the terms hereof. 
 Section 35.4. In the event of the sale or lease of the
Building or the Real Property, Landlord shall transfer the Security Deposit, without charge for such transfer, to the purchaser or lessee, and Landlord shall thereupon be released by Tenant from all liability for the return of such Security Deposit.
In such event, Tenant agrees to look solely to the new Landlord for the return of said Security Deposit. It is agreed that the provisions hereof shall apply to every transfer or assignment made of the Security Deposit to a new Landlord. Tenant shall
execute such documents as may be necessary to accomplish such transfer or assignment of the Letter of Credit. 

  
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 Section 35.5. Tenant covenants that it will not assign or encumber, or attempt to
assign or encumber, the Security Deposit held hereunder, and that neither Landlord nor its successors or assigns shall be bound by any such assignment, encumbrance, attempted assignment, or attempted encumbrance. In the event that any bankruptcy,
insolvency, reorganization or other debtor-creditor proceedings shall be instituted by or against Tenant, its successors or assigns, or any guarantor of Tenant hereunder, the security shall be deemed to be applied to the payment of the Fixed Rent
and Additional Rent due Landlord for periods prior to the institution of such proceedings and the balance, if any, may be retained by Landlord in partial satisfaction of Landlord’s damages. 

Section 35.6. 
 (A)
Provided that no Event of Default shall have occurred and be continuing, Tenant may reduce the Security Deposit to the amount of $2,086,746.39 upon the later of (i) the date that is twenty-four (24) months after the Fixed Rent Step-up Calculation Commencement Date and (ii) the date on which Tenant provides to Landlord audited financial statements dated not more than nine (9) months before the same shall be provided to Landlord
evidencing that Tenant has achieved at least $100,000,000.00 in gross revenues for the twelve (12) month period reflected in such financial statements, which financial statements shall have been prepared by an accounting firm reasonably
acceptable to Landlord, and such accounting firm shall not have issued an audit opinion questioning Tenant’s ability to continue as a going concern. Such reduction (the “First Security Deposit Reduction”) shall be effected by
(x) Tenant exchanging a replacement Letter of Credit meeting the requirements of this Article 35 in the reduced amount for the existing Letter of Credit, or (y) the Issuing Bank delivering an amendment to the Letter of Credit
reducing the amount thereof (but which does not otherwise amend or modify same), which Landlord shall promptly countersign or authorize in writing if required by the Issuing Bank. 

(B) Provided that no Event of Default shall have occurred and be continuing, Tenant may further reduce the Security Deposit to the amount of
$1,391,164.26 upon the later of (i) the date that is thirty-six (36) months after the Fixed Rent Step-up Calculation Commencement Date, (ii) the date
which is twelve (12) months after First Security Deposit Reduction and (iii) the date on which Tenant provides to Landlord audited financial statements dated not more than nine (9) months before the same shall be provided to Landlord
evidencing that Tenant has achieved at least $300,000,000.00 in gross revenues for the twelve (12) month period reflected in such financial statements, which financial statements shall have been prepared by an accounting firm reasonably
acceptable to Landlord, and such accounting firm shall not have issued an audit opinion questioning Tenant’s ability to continue as a going concern. Such reduction shall be effected by (x) Tenant exchanging a replacement Letter of Credit
meeting the requirements of this Article 35 in the reduced amount for the existing Letter of Credit, or (y) the Issuing Bank delivering an amendment to the Letter of Credit reducing the amount thereof (but which does not otherwise amend
or modify same), which Landlord shall promptly countersign or authorize in writing if required by the Issuing Bank. In no event shall the Security Deposit be further reduced to an amount below $1,391,164.26. 

  
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 ARTICLE 36 

RENT REGULATION 

Section 36.1. If at any time or times during the Term of this Lease, the Rental reserved in this Lease is not fully collectible by reason
of any Requirement, Tenant shall enter into such agreements and take such other steps (without additional expense to Tenant) as Landlord may request and as may be legally permissible to permit Landlord to collect the maximum rents that may from time
to time during the continuance of such legal rent restriction be legally permissible (and not in excess of the amounts reserved under this Lease). Upon the termination of such legal rent restriction (a) the Rental shall become and thereafter be
payable hereunder in accordance with the amounts reserved in this Lease for the remainder of the Term, and (b) Tenant shall pay to Landlord, if legally permissible, an amount equal to (i) the items of Rental that would have been paid
pursuant to this Lease but for such legal rent restriction less (ii) the rents paid by Tenant to Landlord during the period or periods such legal rent restriction was in effect. This provision shall survive the expiration or earlier termination
of this Lease to the maximum enforceable extent. 
 ARTICLE 37 

COVENANT OF QUIET ENJOYMENT 

Section 37.1. Landlord covenants that, upon Tenant paying the Fixed Rent and Additional Rent and observing and performing all the terms,
agreements, covenants, provisions and conditions of this Lease on Tenant’s part to be observed and performed, Tenant may peaceably and quietly enjoy the Premises, subject nevertheless to the terms and conditions of this Lease, and provided,
however, that no eviction of Tenant by reason of the foreclosure of any Mortgage now or hereafter affecting the Premises or by reason of any termination of any Superior Lease to which this Lease is subject and subordinate, whether such termination
is effected by operation of law, by agreement or otherwise, shall be construed as a breach of this covenant nor shall any action by reason thereof be brought against Landlord, and provided further that this covenant shall bind and be enforceable
against Landlord or any successor to Landlord’s interest, subject to the terms hereof, only so long as Landlord or any successor to Landlord’s interest, is in possession and is collecting rent from Tenant but not thereafter. 

ARTICLE 38 
 LANDLORD’S
WORK 
 Section 38.1. Landlord, at its expense, shall perform the work set forth in the plans and specifications listed on
Schedule R, including, without limitation, the following work in the Premises in a good and workerlike manner in compliance with applicable Requirements (“Landlord’s Base Building Work”): 

  
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 (A) Fireproofing of any exposed structural steel located in the Premises ready for
Tenant’s paint. Fire-stop any shafts, pipe penetrations and core walls located within the Premises in accordance with applicable code. Any fireproofing to be finished so as to be capable of accepting Tenant’s paint. 

(B) The water-cooled HVAC units provided by Landlord pursuant to the plans and specifications listed on Schedule R shall be designed to
achieve the following performance characteristics (the “Performance Specifications”), provided the occupancy of the Premises shall not exceed by more than an average of one (1) person for each one hundred (100) square feet
of rentable area and Tenant shall not use in excess of six (6) watts of electricity per rentable square foot of the Premises: 
  

	 	•	 	 Outside Design Conditions of 92.1°F dB, 74.4°F wB for the summer season and 12.8°F dB for the winter
season. 

  

	 	•	 	 Inside Design Conditions of 75°F dB ± 2°F in cooling mode and 70°F dB ± 2°F in
heating mode. 

  

	 	•	 	 Condenser water supply temperature of 85°F and condenser water return temperature of 100°F on a design
cooling day. 

  

	 	•	 	 Minimum condenser water supply temperature of 50°F. 

Nothing contained in this clause (B) shall be deemed to preclude Tenant from setting the thermostats in the Premises to temperatures
determined by Tenant. 
 (C) Patch all ceilings and columns located in the Premises so that they are ready to accept paint to be applied as
part of Landlord’s Initial Alterations Work on behalf of Tenant. 
 (D) Concrete slab within the Premises shall be cleaned, patched and
sealed and delivered reasonably smooth with all holes, core drills or other perforations in the slab patched and fire stopped. Floor leveling material to be installed so as to provide smooth finish and as level as possible and ready for Tenant
finishes. 
 (E) Install fin tube radiation heating elements and brick façade in the Tenth Floor Premises and the
Eleventh Floor Premises finished to a mutually agreed upon standard, inclusive of exposed brick beneath the window sill (where applicable). Landlord to provide new sheetrock knee wall from floor to bottom of windows throughout the space. 

(F) The entire envelope shall be sealed and weather/ water tight including new roof. 

(G) Landlord to deliver interior perimeter partitions including brick, CMU, etc. patched and in good condition so as to give appearance of
being new. 
 Section 38.2. In addition to Landlord’s Base Building Work, Landlord shall diligently perform the work described in
Schedule M (the “Work Agreement”), at Landlord’s cost (up to but not in excess of Landlord’s Maximum Contribution) to prepare the Premises for Tenant’s initial occupancy, subject to and in accordance with the
terms and conditions of the Work 

  
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 Agreement and the terms and conditions of this Lease. Except as expressly set forth in this Lease, in no
event shall Landlord be subject to any liability, nor shall the validity of this Lease be impaired, if Landlord fails to deliver possession of the Premises to Tenant with Landlord’s Work Substantially Completed by any particular date. 

ARTICLE 39 
 MISCELLANEOUS

 Section 39.1. This Lease is presented for signature by Tenant and it is understood that this Lease shall not constitute an offer
by or be binding upon Landlord unless and until Landlord shall have executed and delivered a fully executed copy of this Lease to Tenant. This Lease may be executed in one or more counterparts, each of which shall be deemed an original, but all of
which when taken together will constitute one and the same instrument. The signature page of any counterpart of this Lease may be detached therefrom without impairing the legal effect of the signature(s) thereon provided such signature page is
attached to any other counterpart of this Lease identical thereto except having an additional signature page executed by the other party to this Lease attached thereto. Any counterpart of this Lease may be delivered via facsimile, email or other
electronic transmission, and shall be legally binding upon the parties hereto to the same extent as originals. 
 Section 39.2. The
obligations of Landlord under this Lease shall not be binding upon Landlord named herein after the sale, conveyance, assignment or transfer by such Landlord (or upon any subsequent landlord after the sale, conveyance, assignment or transfer by such
subsequent landlord) of its interest in the Building or the Land, as the case may be, and in the event of any such sale, conveyance, assignment or transfer, Landlord shall be and hereby is entirely freed and relieved of all covenants and obligations
of Landlord under this Lease thereafter arising, provided the transferee shall assume or be deemed to have assumed (either expressly or by operation of law), subject to the remaining provisions of this Section 39.2, all
obligations of the Landlord under this Lease arising after the effective date of the transfer. No trustee, partner, shareholder, director, officer, employee, or principal, direct or indirect, of Landlord (collectively, the
“Parties”) shall have any direct or personal liability for the performance of Landlord’s obligations under this Lease, and Tenant shall look solely to the interest of Landlord in and to the Real Property to enforce
Landlord’s obligations hereunder and shall not otherwise seek any damages against Landlord personally or any of the Parties whatsoever. Tenant shall not look to any other property or assets of Landlord or any property or assets of any of the
Parties in seeking either to enforce Landlord’s obligations under this Lease or to satisfy a judgment for Landlord’s failure to perform such obligations. 

Section 39.3. Notwithstanding anything contained in this Lease to the contrary, all amounts payable by Tenant to or on behalf of Landlord
under this Lease, whether or not expressly denominated Fixed Rent, Escalation Rent, Additional Rent or Rental, shall constitute rent for the purposes of Section 502(b)(7) of the Bankruptcy Code. 

Section 39.4. Neither this Lease nor any memorandum of this Lease shall be recorded. 

  
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 Section 39.5. Except as otherwise expressly stated in this Lease, any consent or
approval required to be obtained from Landlord may be granted or withheld by Landlord in its sole discretion. In any instance in which Landlord agrees not to act unreasonably, Tenant hereby waives any claim for damages against or liability of
Landlord that Tenant may have based upon any assertion that Landlord has unreasonably withheld or unreasonably delayed any consent or approval requested by Tenant, and Tenant agrees that, its sole remedy shall be an action or proceeding to enforce
any related provision or for specific performance, injunction or declaratory judgment. If with respect to any required consent or approval, (x) Landlord is required by the express provisions of this Lease not to unreasonably withhold or delay
its consent or approval, and (y) it is determined in any such proceeding referred to in the preceding sentence that Landlord acted unreasonably, the requested consent or approval shall be deemed to have been granted; however, Landlord
shall have no liability whatsoever to Tenant for its refusal or failure to give such consent or approval. Tenant’s sole remedy for Landlord’s unreasonably withholding or delaying consent or approval shall be as provided in this
Section 39.5. 
 Section 39.6. 

(A) Tenant represents and warrants that to its actual knowledge (a) Tenant and each person or entity owning an interest in Tenant is
(i) not currently identified on the Specially Designated Nationals and Blocked Persons List maintained by the Office of Foreign Assets Control, Department of the Treasury (“OFAC”) and/or on any other similar list maintained by
OFAC pursuant to any authorizing statute, executive order or regulation (collectively, the “List”), and (ii) not a person or entity with whom a citizen of the United States is prohibited to engage in transactions by any trade
embargo, economic sanction, or other prohibition of United States Laws, regulation, or Executive Order of the President of the United States, (b) none of the funds of Tenant have been derived from any unlawful activity with the result that the
investment in Tenant is prohibited by Laws or that this Lease is in violation of Laws, and (c) Tenant has implemented procedures, and will consistently apply those procedures, to ensure that the foregoing representations and warranties remain
true and correct at all times. The term “Embargoed Person” means any person, entity or government subject to trade restrictions under U.S. law, including but not limited to, the International Emergency Economic Powers Act, 50 U.S.C.
§1701 et seq., The Trading with the Enemy Act, 50 U.S.C. App. 1 et seq., and any Executive Orders or regulations promulgated thereunder with the result that the investment in Tenant is prohibited by Laws or Tenant is in violation
of Laws. 
 (B) Tenant covenants and agrees (a) to comply with all Laws relating to money laundering, anti-terrorism, trade embargos
and economic sanctions, now or hereafter in effect, (b) to immediately notify Landlord in writing if any of the representations, warranties or covenants set forth in this paragraph or the preceding paragraph are no longer true or have been
breached or if Tenant has a reasonable basis to believe that they no may no longer be true or have been breached, (c) not to use funds from any “Prohibited Person” (as such term is defined in the September 24, 2001
Executive Order Blocking Property and Prohibiting Transactions With Persons Who Commit, Threaten to Commit, or Support Terrorism) to make any payment due to Landlord under this Lease and (d) at the request of Landlord, to provide such
information as may be requested by Landlord to determine Tenant’s compliance with the terms hereof. 

  
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 (C) Tenant hereby acknowledges and agrees that Tenant’s inclusion on the List at any
time during the Term shall be a material default of this Lease. Notwithstanding anything herein to the contrary, Tenant shall not permit the Premises or any portion thereof to be used or occupied by any person or entity on the List or by any
Embargoed Person (on a permanent, temporary or transient basis), and any such use or occupancy of the Premises by any such person or entity shall be a material default of this Lease. 

(D) In connection with this Lease or any proposed assignment of this Lease or sublease, Tenant shall provide to Landlord the names of the
persons holding an ownership interest in Tenant or any proposed assignee or sublessee, as applicable, for purposes of compliance with Presidential Executive Order 13224 (issued September 24, 2001), as amended. 

Section 39.7. If Tenant shall remain in possession of the Premises after the Expiration Date, without the execution by both Tenant and
Landlord of a new lease, Tenant, at the election of Landlord, shall be deemed to be occupying the Premises as a Tenant from month-to-month, at a monthly rental equal to
the greater of (i) (x) with respect to the first thirty (30) days that Tenant shall remain in possession of the Premises after the Expiration Date, one hundred fifty (150%) percent of the aggregate Fixed Rent and Additional Rent payable
during the last month of the Term and (y) with respect to any period of time that Tenant shall remain in possession of the Premises after the date which is thirty (30) days after the Expiration Date, two hundred (200%) percent of the
aggregate Fixed Rent and Additional Rent payable during the last month of the Term, and (ii) the then fair market rental value of the Premises, as reasonably determined by Landlord, subject to all the other conditions, provisions and
obligations of this Lease insofar as the same are applicable to a month-to-month tenancy. The acceptance of any holdover rental paid by Tenant pursuant to this
Section 39.7 shall not preclude Landlord from commencing and prosecuting a holdover or summary eviction proceeding. 

Section 39.8. This Lease shall be construed without regard to any presumption or other rule requiring construction against the party
causing this Lease to be drafted. If any words or phrases in this Lease are stricken out or otherwise eliminated, whether or not any other words or phrases have been added, this Lease shall be construed as if the words or phrases so stricken out or
otherwise eliminated were never included in this Lease and no implication or inference shall be drawn from the fact that such words or phrases were stricken out or otherwise eliminated. 

Section 39.9. Notwithstanding anything to the contrary contained herein, in no event shall Landlord or the Parties or Tenant be liable
for consequential or punitive damages under this Lease, except to the extent that Tenant’s liability under Section 22.3 may be characterized as consequential damages. 

Section 39.10. If any of the provisions of this Lease, or the application thereof to any person or circumstance, shall, to any extent, be
invalid or unenforceable, the remainder of this Lease, or the application of such provisions to persons or circumstances other than those as to whom or which it is held invalid or unenforceable, shall not be affected thereby and shall remain valid
and enforceable, and every provision of this Lease shall be valid and enforceable to the fullest extent permitted by law. 

  
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 Section 39.11. Landlord shall have the right to erect any gate, chain or other
obstruction or to close off any portion of the Real Property to the public at any time to the extent necessary to prevent a dedication thereof for public use. 

Section 39.12. Tenant hereby represents to Landlord that it is not entitled, directly or indirectly, to diplomatic or sovereign immunity
and Tenant agrees that in all disputes arising directly or indirectly out of this Lease Tenant shall be subject to service of process in, and the jurisdiction of the courts of, the State of New York. The provisions of this
Section 39.12 shall survive the expiration of this Lease. 
 Section 39.13. This Lease contains the entire
agreement between the parties and all prior negotiations and agreements are merged into this Lease. This Lease may not be changed, abandoned or discharged, in whole or in part, nor may any of its provisions be waived except by a written agreement
that (a) expressly refers to this Lease, (b) is executed by the party against whom enforcement of the change, abandonment, discharge or waiver is sought and (c) is permissible under the Mortgage(s) and the Superior Lease(s). 

Section 39.14. Any apportionment or prorations of Rental to be made under this Lease shall be computed on the basis of a three hundred
sixty (360) day year, with twelve (12) months of thirty (30) days each. 
 Section 39.15. This Lease shall be governed
by the laws of the State of New York without regard to conflict of laws principles. 
 Section 39.16. If Tenant is a corporation or a
limited liability company or a limited liability partnership, each person executing this Lease on behalf of Tenant hereby covenants, represents and warrants that Tenant is a duly incorporated or duly qualified (if foreign) and is authorized to do
business in the State of New York (a copy of evidence thereof to be supplied to Landlord upon request); and that each person executing this Lease on behalf of Tenant is an officer or member or partner of Tenant and that he or she is duly authorized
to execute, acknowledge and deliver this Lease to Landlord (a copy of a resolution to that effect to be supplied to Landlord upon request). 

Section 39.17. The captions are inserted only as a matter of convenience and for reference and in no way define, limit or describe the
scope of this Lease nor the intent of any provision thereof. 
 Section 39.18. The covenants, conditions and agreements contained in
this Lease shall bind and inure to the benefit of Landlord and Tenant and their respective legal representatives, successors, and, except as otherwise provided in this Lease, their assigns. 

Section 39.19. From and after the date of this Lease, each of Landlord and Tenant and Persons Within Tenant’s Control shall maintain
the terms and conditions of this Lease confidential and, without the other party’s prior written consent, shall neither discuss nor disclose the terms and conditions of this Lease (except to the extent the same is in or has entered into the
public domain through no breach of this Section 39.19) with any tenant or occupant of the Building or with any other person, other than (i) the Broker, (ii) the attorneys who are representing such party in
connection with this Lease, (iii) such party’s accountants, and (iv) any 

  
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 proposed subtenant of the Premises or assignee of this Lease and only if and to the extent such other
parties listed in clauses (i) to (iv) inclusive are informed of the confidential nature of this Lease and shall agree to act in accordance with the provisions of this section, or (v) if required to do so to enforce the
terms of this Lease, or as may otherwise be required to be disclosed by law or judicial process; provided that, if Landlord or Tenant is required or requested by legal process to disclose the terms and conditions of this Lease, such
required party shall provide the other party with prompt notice of such requirement or request and unless such other party waives the confidentiality requirements of this Lease, the required party shall cooperate with such other party in obtaining
an appropriate protective order regarding such disclosure. Notwithstanding the foregoing, Tenant recognizes and agrees that Landlord shall have the right to disclose the terms and conditions of this Lease to its investors, lenders, secured and
unsecured, rating agencies, prospective purchasers and other parties in the ordinary course of its ownership of the Building, and that no such disclosures shall be restricted by or deemed a breach by Landlord of the provisions of this
Section 39.19. Each of Landlord and Tenant acknowledges that a breach or threatened breach of this section will cause irreparable injury and damage to the other party, and, therefore, agrees that, in addition to any other
remedies that may be available to such other party, such other party shall be entitled to an injunction and/or other equitable relief (without the requirement of posting a bond or other security) as a remedy for a breach or threatened breach of this
section and to secure its enforcement, provided that in no event shall either party be entitled to terminate this Lease by reason of a breach of this Section 39.19. 

Section 39.20. For the purposes of this Lease and all agreements supplemental to this Lease, unless the context otherwise requires: 

(A) The words “herein”, “hereof”, “hereunder” and “hereby” and words of similar import shall be
construed to refer to this Lease as a whole and not to any particular Article or Section unless expressly so stated. 
 (B) Tenant’s
obligations hereunder shall be construed in every instance as conditions as well as covenants, each separate and independent of any other terms of this Lease. 

(C) Reference to Landlord as having “no liability” or being “without liability” shall mean, except as otherwise expressly
provided in this Lease, that Tenant shall not be entitled to terminate this Lease, or to claim actual or constructive eviction, partial or total, or to receive any abatement or diminution of rent, or to be relieved in any manner of any of its other
obligations hereunder, or to be compensated for loss or injury suffered or to enforce any other right or liability whatsoever against Landlord under or with respect to this Lease or with respect to Tenant’s use or occupancy of the Premises.

 (D) Reference to “termination of this Lease” or “expiration of this Lease” and words of like import includes
expiration or sooner termination of this Lease and the Term and the estate hereby granted or cancellation of this Lease pursuant to any of the provisions of this Lease or to law. Upon the termination of this Lease, the Term and estate granted by
this Lease shall end at noon on the date of termination as if such date were the Fixed Expiration Date, and neither party shall have any further obligation or liability to the other after such termination except (i) as shall be expressly
provided for in this Lease, and (ii) for such obligations as by their 

  
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 nature under the circumstances can only be, or by the provisions of this Lease, may be, performed after such
termination, and, in any event, unless expressly otherwise provided in this Lease, any liability for a payment (which shall be apportioned as of such termination) which shall have accrued to or with respect to any period ending at the time of
termination shall survive the termination of this Lease. 
 (E) Words and phrases used in the singular shall be deemed to include the plural
and vice versa, and nouns and pronouns used in any particular gender shall be deemed to include any other gender. 
 (F) The rule of
“ejusdem generis” shall not be applicable to limit a general statement following or referable to an enumeration of specific matters to matters similar to the matters specifically mentioned. 

Section 39.21. Landlord agrees to reasonably cooperate (which may include joining in and executing any applications or other
documentation to an applicable governmental entity in connection with seeking to obtain benefits, incentives or entitlements under a particular program, provided that applicable program requires Landlord to join in any such application or
documentation), at no cost to Landlord, with Tenant’s efforts to obtain from any applicable taxing authority any available governmental benefits, incentives or entitlements that may be available to Tenant in connection with this Lease. 

ARTICLE 40 
 RIGHT OF FIRST
OFFER 
 Section 40.1. As used herein: 

(A) “Available” means, as to any space, that such space is vacant and free of any present or future possessory right now, or,
if such space is vacant as of the date hereof, following the initial leasing of such space after the date hereof, or, to the extent specified in clause (ii) of the following sentence, hereafter existing in favor of any third party. Anything to
the contrary contained herein notwithstanding, Tenant’s right of first offer pursuant to this Section 40.1 is subordinate to (i) any right of offer, right of first refusal, renewal right or similar right or option
in favor of any third party existing as of the date of this Lease (which rights are specified in Schedule S annexed to this Lease) and any renewal right hereafter granted, and (ii) Landlord’s right to (x) extend the term of
lease of any tenant or occupant or (y) enter into a new lease with any tenant or occupant, on the floor located within the Offer Space (as such term is hereinafter defined) whether or not pursuant to an option to renew. 

(B) “Offer Space” means any space on the ninth (9th) floor of the
Building after the initial leasing thereof. 

  
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 Section 40.2. 

(A) Provided that (i) this Lease shall be in full force and effect, (ii) there shall not then be existing an Event of Default under
this Lease, (iii) Tenant or its Permitted Transferee and its Special Occupants shall be in physical occupancy of at least seventy-five percent (75%) of the entire rentable area of the Premises, (iv) as of the Anticipated Inclusion
Date (as defined below), there shall be at least four (4) full years remaining in the Term (or Tenant shall have a Renewal Option remaining that may be exercisable in accordance with the provisions of Article 42) and (v) Tenant
shall not have exercised the Initial Expansion Option, if any Offer Space becomes, or Landlord reasonably anticipates that any Offer Space will become, Available, Landlord shall give to Tenant notice (an “Offer Notice”) thereof,
specifying (a) a description and the rentable square footage of the Offer Space, (b) Landlord’s determination of the Fair Rental Value of the Offer Space, which shall constitute the maximum thereof Landlord can claim as the Fair
Rental Value for such space in any arbitration thereof (“Landlord’s Maximum Offer Determination”), (c) the date or estimated date that such Offer Space has or shall become Available (the “Anticipated Inclusion
Date”), and (d) any other relevant economic terms selected by Landlord which Landlord in good faith believes is customary in the marketplace. 

(B) Provided that on the date that Tenant exercises the Offer Space Option (as hereinafter defined) and on the Offer Space Inclusion Date (as
hereinafter defined) the conditions described in clauses (i) through (iii) of Section 40.2(A) continue to be satisfied and as of the Anticipated Inclusion Date there shall be at least five (5) full years remaining
in the Term (provided that if there are fewer than five (5) full years remaining in the Term, Tenant shall simultaneously with the exercise of the Offer Space Option exercise the Renewal Option), Tenant shall have one (1) option (the
“Offer Space Option”), exercisable by notice (an “Acceptance Notice”) given to Landlord on or before the date that is fifteen (15) Business Days after the giving of the Offer Notice (time being of the essence)
to include the Offer Space in the Premises for a term ending on the Expiration Date. Tenant shall notify Landlord in the Acceptance Notice whether Tenant accepts or disputes Landlord’s Maximum Offer Determination (if applicable), and if Tenant
disputes Landlord’s Maximum Offer Determination, the Acceptance Notice shall set forth Tenant’s good faith determination of the Fair Rental Value for such Offer Space, which shall constitute the minimum that Tenant can claim as the Fair
Rental Value for such space in any arbitration thereof (“Tenant’s Minimum Offer Determination”). If Tenant fails to object to Landlord’s Maximum Offer Determination in the Acceptance Notice and to set forth therein
Tenant’s Minimum Offer Determination, then Tenant shall be deemed to have accepted Landlord’s Maximum Offer Determination as the Fair Rental Value for such Offer Space. 

Section 40.3. If Tenant timely delivers the Acceptance Notice, then, on the date on which Landlord delivers vacant and broom-clean
possession of the Offer Space to Tenant (the “Offer Space Inclusion Date”), the Offer Space shall become part of the Premises, upon all of the terms and conditions set forth in this Lease, except (i) the Fixed Rent for the
Offer Space shall be as set forth above, (ii) Tenant’s Share shall be increased to reflect Tenant’s lease of the Offer Space, (iii) unless otherwise specified by Landlord in the Offer Notice, Landlord shall not be required to
perform any Landlord’s work or any other work, pay a Landlord’s contribution or a work allowance or any other amount, or render any services to make the Building or the Offer Space ready for Tenant’s use or occupancy, and Tenant shall
accept the Offer Space vacant, free of any possessory interest thereon, broom clean and otherwise in its “as is” condition as of the date of the Offer Notice, reasonable wear and tear excepted; and (iv) as may be otherwise set forth
in the Offer Notice. In addition, within thirty (30) days after the later to occur of (x) Tenant’s giving of the Acceptance Notice and (y) the determination of Fair Rental Value for the 

  
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 Offer Space, Tenant shall increase the amount of the Security Deposit proportionately to reflect
Tenant’s lease of the Offer Space. Such increase shall be effected by (I) Tenant exchanging a replacement Letter of Credit meeting the requirements of Article 35 in the increased total amount for the existing Letter of Credit, or
(II) the Issuing Bank delivering an amendment to the Letter of Credit increasing the amount thereof (but which does not otherwise amend or modify same), which amendment Landlord shall promptly countersign or authorize in writing if required by
the Issuing Bank. 
 Section 40.4. If in the Acceptance Notice Tenant disputes Landlord’s determination of Fair Rental Value, and
Landlord and Tenant fail to agree as to the amount thereof within thirty (30) days after the giving of the Acceptance Notice, then the dispute shall be resolved by arbitration as set forth in Article 42. If the dispute shall not have
been resolved on or before the Offer Space Inclusion Date, then pending such resolution, Tenant shall pay, as Fixed Rent for the Offer Space, an amount equal to Landlord’s Maximum Offer Determination. If such resolution shall be in favor of
Tenant, then within thirty (30) days after the final determination of Fair Rental Value, Landlord shall refund to Tenant any overpayment. 

Section 40.5. If Landlord is unable to deliver possession of the Offer Space to Tenant for any reason on or before the Anticipated
Inclusion Date, the Offer Space Inclusion Date shall be the date on which Landlord is able to so deliver possession and Landlord shall have no liability to Tenant therefor and this Lease shall not in any way be impaired. If an existing tenant of the
Offer Space holds over, Landlord shall use commercially reasonable efforts, which may include the commencement of an eviction action against such holdover tenant, if such action is determined by Landlord to be commercially reasonable in the
circumstances, to obtain possession of the Offer Space. This Section 40.5 constitutes “an express provision to the contrary” within the meaning of
Section 223-a of the New York Real Property Law and any other law of like import now or hereafter in effect. 

Section 40.6. If, after receiving an Offer Notice as set forth above, Tenant fails timely to give an Acceptance Notice, then
(i) Landlord may enter into one or more leases of all or any part of the Offer Space with third parties on such terms and conditions as Landlord shall determine, the Offer Space Option shall be null and void and of no further force and effect
with respect to all or any part of the Offer Space and Landlord shall have no further obligation to offer all or any part of the Offer Space to Tenant, and (ii) Tenant shall, as soon as reasonably practicable after demand by Landlord, execute
an instrument reasonably satisfactory to Landlord and Tenant confirming Tenant’s waiver of, and extinguishing, the Offer Space Option contained in this Article 40. 

Section 40.7. Promptly after the occurrence of the Offer Space Inclusion Date, Landlord and Tenant shall confirm the occurrence thereof
and the inclusion of the Offer Space in the Premises by executing an instrument reasonably satisfactory to Landlord and Tenant; provided, that failure by Landlord or Tenant to execute such instrument shall not affect the inclusion of the Offer Space
in the Premises in accordance with this Article 40. 
 Section 40.8. Notwithstanding any provision to the contrary contained in
this Lease, if Tenant shall have duly exercised the Initial Expansion Option, Tenant shall no longer have an Offer Space Option and this Article 40 shall be deemed void and of no further force and effect. 

  
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 ARTICLE 41 

TERRACE 

Section 41.1. So long as such use is in compliance with all applicable Requirements, and subject to Landlord’s rights under this
Lease, Tenant shall, throughout the Term, have (i) the exclusive use of that portion of the terrace outside the Penthouse Space and located on the southerly side of the Building in the area delineated on Schedule O-1 annexed hereto (the “South Terrace”), subject to (x) the rights of Landlord to access the South Terrace from time to time, upon prior notice to Tenant, in connection with
Landlord’s marketing of the Building or of space within the Building, and (y) Landlord’s Event Rights (as hereinafter defined), and (ii) the exclusive use of that portion of the terrace outside the Penthouse Space located on the
northerly side of the Building in the area delineated on Schedule O-2 annexed hereto (the “North Terrace”; together with the South Terrace, the “Terrace”) subject to
the rights of Landlord to access the South Terrace from time to time, upon prior notice to Tenant, in connection with Landlord’s marketing of the Building or of space within the Building, as an outdoor seating and reception area for the
officers, employees and business invitees of Tenant (or other permitted parties) in the ordinary course of Tenant’s business and in accordance with the terms and provisions of this Lease. The Terrace shall not be included in the rentable square
footage of the Premises, and Tenant shall not be required to pay Fixed Rent or Escalation Rent for Tenant’s use of the Terrace. Accordingly, Tenant shall not be entitled to an abatement of, or credit against, Fixed Rent or Escalation Rent for
any condition affecting the Terrace (such as, by way of example only, a casualty to the Terrace or Tenant’s inability to access the Terrace). Any window washing rig on the roof or Terrace are to be installed and stored so as not to interfere
with Tenant’s furniture and use of the Terrace. As used herein, the term “Landlord’s Event Rights” shall mean the right of Landlord and its designees (which may include other tenants or occupants of the Building) to access
the South Terrace for up to five (5) events per calendar year, provided that: (i) with respect to each such event, Landlord shall provide at least two (2) weeks’ prior notice to Tenant that Landlord (for itself or its
designee(s)) desires to use the South Terrace for an event, specifying the date and time and type of such event and (ii) such event shall be scheduled to occur after 6:00PM on a Business Day or on a day other than a Business Day. Landlord shall
clean the South Terrace and repair any damage caused by such access and use after any such event at Landlord’s sole cost. Promptly after receipt of a notice from Landlord exercising Landlord’s Event Rights, Tenant shall confirm in writing
to Landlord that the South Terrace is available for Landlord’s use on the scheduled date and time, the parties agreeing that the only reason for which Tenant may inform Landlord that the South Terrace is not available is if Tenant shall have
scheduled its own event which would directly conflict with the date and time of Landlord’s event on the South Terrace prior to the date Tenant shall have received Landlord’s notice of exercise of Landlord’s Event Rights. Upon request
by Landlord, Tenant shall provide Landlord with reasonable documentation evidencing such conflict and make reasonable efforts to work with Landlord and any other parties scheduled to use the South Terrace during such time to agree upon an alternate
timing agreeable to all parties so as to alleviate such conflict. 
 Section 41.2. Prior to the Commencement Date, Landlord shall, at
its own cost and expense, in a condition compliant with the Certificate of Occupancy and the applicable code, install on the Terrace in accordance with the plans and specifications listed on Schedule R annexed hereto a railing, egress
lighting, pavers and fire alarm (and provide connection thereof to the Building Class E System). 

  
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 Section 41.3. Landlord shall deliver the Terrace to Tenant in its “as is”
condition on the Commencement Date, notwithstanding anything to the contrary contained in this Lease. Except as expressly set forth in Section 41.2 hereof, Landlord shall not be obligated to perform any work or to
contribute to the cost of any Alterations to prepare the Terrace for Tenant’s use. Tenant shall make no Alterations on or to the Terrace without Landlord’s prior written consent, which consent may be withheld in Landlord’s sole
discretion. Tenant shall repair any damage to the Terrace and the Building caused by Tenant. 
 Section 41.4. At all times during the
Term, Landlord shall have access to the Terrace to service any Building equipment thereon and otherwise, all in accordance with Article 16 of this Lease. 

Section 41.5. During the Term, Tenant shall comply, and shall cause any and all Persons Within Tenant’s Control, to comply with all
of the terms, covenants and obligations on the part of Tenant to be kept, observed and performed pursuant to this Lease with respect to the Terrace as if the same were the Premises hereunder (it being agreed that the Terrace is not part of the
Premises), provided, however, (i) Tenant acknowledges and agrees that the terms and conditions of Articles 12 and 33 of this Lease shall be applicable to the Terrace as if the same were the Premises hereunder; and
(ii) notwithstanding anything to the contrary contained in Article 15 of this Lease, Tenant shall have no right to sublease the Terrace or allow the same to be used by others without the prior written consent of Landlord, which consent
may be granted or withheld in Landlord’s sole discretion (provided, however, that Tenant shall have the right to sublease the exclusive use of the North Terrace and the non-exclusive use of
the South Terrace in connection with a sublease of the entire Premises or a sublease of the entire Penthouse Space in accordance with Article 15 hereof). 

ARTICLE 42 
 OPTION TO RENEW

 Section 42.1. (A) Provided that both at the time of the exercise of the Renewal Option (as hereinafter defined) and at the time
of the commencement of the Renewal Term: (i) this Lease shall be in full force and effect; (ii) there shall not then be existing an Event of Default under this Lease; and (iii) Tenant and/or its Permitted Transferee and its Special
Occupants shall be in physical occupancy of at least seventy-five percent (75%) of the entire rentable area of the Premises, Tenant shall have one (1) option to extend the Term of this Lease (the “Renewal Option”), for a
period of five (5) years (the “Renewal Term”), on the terms of this Lease (except as set forth below). The Renewal Option shall be exercisable by written notice (the “Renewal Notice”) to Landlord given not
later than twelve (12) months (with time being of the essence), prior to the Fixed Expiration Date. Notwithstanding the first sentence of this Section 42.1, Landlord, in its sole discretion, may waive any default by
Tenant or occupancy requirement and no such default or occupancy requirement may be used by Tenant to negate the effectiveness of Tenant’s exercise of the Renewal Option. 

  
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 (B) The Renewal Term shall constitute an extension of the Term of this Lease and shall be
upon all of the same terms and conditions as the existing Term, except that, (i) during the Renewal Term there shall be no further option to renew the Term of this Lease, (ii) Landlord shall not be required to furnish any materials or
perform any work to prepare the Premises for Tenant’s continued occupancy during the Renewal Term and Landlord shall not be required to reimburse Tenant for any Alterations made or to be made by Tenant during or in preparation for the Renewal
Term, (iii) the Fixed Rent for the Renewal Term shall be payable at a rate per annum equal to the greater of (x) the Fixed Rent payable by Tenant during the last year of the Term and (y) the Fair Rental Value of the Premises as of the
first day of the Renewal Term, and (iv) on or prior to the first day of the Renewal Term, the final expiry date of the Letter of Credit held pursuant to Article 35 hereof shall be extended by sixty (60) months.  

Section 42.2. If Tenant has given the Renewal Notice in accordance with Section 42.1, the parties shall
endeavor to agree upon the Fair Rental Value of the Premises, as of the commencement date of the Renewal Term. In the event that the parties are unable to agree upon the Fair Rental Value for the Renewal Term within one hundred fifty
(150) days prior to the first day of the Renewal Term, then the same shall be determined as follows: A senior officer of a recognized New York City leasing brokerage firm (the “Baseball Arbitrator”) shall be selected and
paid for jointly by Landlord and Tenant. If Landlord and Tenant are unable to agree upon the Baseball Arbitrator, then the same shall be designated by the AAA. The Baseball Arbitrator selected by the parties or designated by the AAA shall not have
been employed by Landlord or Tenant during the previous five (5) year period and shall have at least ten (10) years’ experience in the leasing of Premises in the vicinity of the Building, comparable in size, location and quality to
the Premises. As soon as reasonably practicable after the appointment of the Baseball Arbitrator, the Baseball Arbitrator shall meet with Landlord and Tenant (the “Initial Meeting”). At the Initial Meeting, Landlord shall submit to
the Baseball Arbitrator its determination of the Fair Rental Value for the Renewal Term (“Landlord’s Maximum Determination”) in a sealed envelope contemporaneously with Tenant’s submission to the Baseball Arbitrator of its
determination of the Fair Rental Value for the Renewal Term (“Tenant’s Maximum Determination”) in a sealed envelope, whereupon Baseball Arbitrator shall open both envelopes. If one party shall be ready, willing and able to
submit its determination of the Fair Rental Value at such Initial Meeting, but the other party shall fail to submit its determination of the Fair Rental Value at such Initial Meeting, then the party who is so ready, willing and able to submit its
determination shall not be required to do so, and the Initial Meeting shall be rescheduled to a date which is not more than three (3) Business Days following the Initial Meeting, at which rescheduled Initial Meeting the Baseball Arbitrator
shall open both envelopes. If the party that was not ready, willing and able to submit its determination of the Fair Rental Value at the Initial Meeting shall not submit its determination of the Fair Rental Value at such rescheduled meeting, the
determination of the party that was ready, willing and able to submit its determination at the Initial Meeting shall constitute the Fair Rental Value. If the higher of Landlord’s Maximum Determination and Tenant’s Maximum Determination
(the “Higher Determination”) is not higher than the lower of Landlord’s Maximum Determination and Tenant’s Maximum Determination (the “Lower Determination”) by more than three (3%) percent of the Higher
Determination, then the Baseball Arbitrator shall not make a determination as to the Fair Rental Value, and the Fair Rental Value shall equal the average of Landlord’s Maximum Determination and Tenant’s Maximum Determination. If the Higher
Determination is higher than the Lower Determination by more than three (3%) percent of the Higher Determination, then the Baseball Arbitrator shall 

  
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 make a determination of the Fair Rental Value by selecting either the amount set forth in Landlord’s
Maximum Determination or the amount set forth in Tenant’s Maximum Determination, whichever the Baseball Arbitrator determines is closer to the Fair Rental Value, taking into account all relevant factors, whether favorable to Landlord or Tenant.
The Baseball Arbitrator may not select any other amount as the Fair Rental Value and shall not have the power to add to, modify or change any of the provisions of this Lease. The determination of the Baseball Arbitrator shall be final and binding
upon Landlord and Tenant, whether or not judgment shall have been entered thereon, and shall serve as the basis for the Fixed Rent payable for the Renewal Term, and each of Landlord and Tenant hereby consents to the entry of judgment in any court
having jurisdiction based upon such determination. 
 Section 42.3. If any dispute regarding the Fair Rental Value shall not have been
resolved on or before the first day of the Renewal Term, then pending such resolution, Tenant shall pay, as Fixed Rent for the Renewal Term, an amount equal to Landlord’s Maximum Determination. If such resolution shall be in favor of Tenant,
then within thirty (30) days after the final determination of Fair Rental Value for the Renewal Term, Landlord shall refund to Tenant any overpayment. After a determination has been made of the Fair Rental Value, the parties shall execute and
deliver an instrument setting forth the Fixed Rent for the Renewal Term, but the failure to so execute and deliver any such instrument shall not affect the determination of such Fixed Rent in accordance with this Article 42. 

Section 42.4. Notwithstanding anything to the contrary contained herein, the rights granted to Tenant pursuant to this Article 42
shall be personal to the Tenant named in this Lease (and its successor pursuant to a Permitted Transfer), and may not be assigned to any other Tenant. 

ARTICLE 43 
 EXPEDITED
ARBITRATION 
 Section 43.1. In any case where this Lease expressly provides for, or gives the option for, the settlement of a
dispute or question by expedited arbitration pursuant to this Article 43, and only in such cases (and not in any case where other specific dispute resolution procedures are expressly provided for in this Lease, such as the dispute resolution
procedures with respect to Fair Market Rent pursuant to Article 42), the party desiring arbitration shall have the right to submit any such dispute to binding arbitration in the City of New York, New York, under the Expedited Procedures
provisions (Rules E-1 through E-10 in the edition in effect on the date of this Lease, as the same may be modified or supplemented from time to time) of the Commercial
Arbitration Rules of the AAA. 
 Section 43.2. In cases where such arbitration is used: (i) the parties will have no right to
object if the arbitrator so appointed was on the list submitted by the AAA and was not objected to in accordance with Rule E-5; provided, however, that the arbitrator shall be a person having not less than ten
(10) years of experience in the subject matter of the dispute in first-class office buildings located in Manhattan; (ii) the first hearing shall be held within 7 Business Days after 

  
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 the appointment of the arbitrator; and (iii) any finding or determination of the arbitrator shall be
deemed final and binding (except that the arbitrator shall be bound by the provisions of this Lease, and shall not have the power to add to, subtract from, modify or change any of the provisions of this Lease). The decision of the arbitrator shall
be conclusively binding on the parties. Landlord and Tenant agree to sign all documents and to do all other things necessary to submit any such matter to arbitration and further agree to, and hereby do, waive any and all rights they or either of
them may at any time have to revoke their agreement hereunder to submit to arbitration and to abide by the decision rendered thereunder. Landlord and Tenant each: (x) consent to the entry of judgment in any court upon any award or decision
rendered in any arbitration held pursuant to this Article 43 or otherwise pursuant to this Lease; and (y) acknowledge that any award or decision rendered in any arbitration held pursuant to this Article 43 or otherwise pursuant to
this Lease, whether or not such award or decision has been entered for judgment, shall be final and binding upon Landlord and Tenant. 

ARTICLE 44 
 INITIAL EXPANSION
OPTION 
 Section 44.1. (A) Provided that on the date Tenant exercises the Initial Expansion Option (i) this Lease is in full
force and effect and (ii) no Event of Default shall have occurred and be continuing, Tenant shall have the option (the “Initial Expansion Option”) to lease the entire
rentable area of the ninth (9th) floor of the Building (the “Ninth Floor Premises”), as approximately shown on the floor plan annexed hereto as Schedule T, which Landlord
and Tenant conclusively agree, without representation or warranty on the part of Landlord, contains 11,854 RSF (the “Initial Expansion Space”). The Initial Expansion Option shall be exercisable by Tenant giving Landlord notice
thereof (the “Initial Expansion Notice”) on or before the date which is five (5) Business Days after the Stated Commencement Date. Time is of the essence with respect to the giving of the Initial Expansion Notice. If Tenant
fails timely to give an Initial Expansion Notice, then the Initial Expansion Option shall be null and void and Tenant shall have no further rights under this Article 44. 

(B) If Tenant timely gives the Initial Expansion Notice, then the Initial Expansion Space shall become part of the Premises (and the term
“Premises” shall include the Initial Expansion Space) as of the Ninth Floor Premises Commencement Date, upon all of the terms and conditions set forth in this Lease, except that: 

(1) All references in this Lease to the Commencement Date shall, with respect to the Ninth Floor Premises, be deemed to refer to the Ninth
Floor Premises Commencement Date, provided, however, that the parties acknowledge and agree that (x) the Fixed Expiration Date for the entire Premises (including the Ninth Floor Premises) shall be ten (10) years and eight
(8) months after the date which is the Commencement Date with respect to the Tenth Floor Premises, the Eleventh Floor Premises and the Penthouse Space (and not ten (10) years and eight (8) months after the Ninth Floor Premises
Commencement Date), it being the intent of the parties that the Fixed Expiration Date shall be the same date for the entire Premises, (y) Sections 2.1(C), (D) and (E) of this Lease shall not apply with respect to the
Ninth Floor Premises or the Ninth Floor Premises Commencement Date (it being the intent of the parties that 

  
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 there shall be no First Delivery Date or Outside Delivery Date (or any rights, obligations and/or remedies
associated with either of the foregoing) with respect to the Ninth Floor Premises or the Ninth Floor Premises Commencement Date) and (z) the Fixed Rent Step-up Calculation Commencement Date for the entire
Premises (including the Ninth Floor Premises) shall be eight (8) months after the date which is the Commencement Date with respect to the Tenth Floor Premises, the Eleventh Floor Premises and the Penthouse Space (and not eight
(8) months after the Ninth Floor Premises Commencement Date), it being the intent of the parties that the Fixed Rent Step-up Calculation Commencement Date shall be the same date for the entire Premises
and that the subsequent Fixed Rent increases tied to such date as set forth on Schedule D hereto shall occur at the same times for the entire Premises; 

(2) Base Rent in respect of the Initial Expansion Space shall be payable at the rates set forth on Schedule D hereto with respect to
the Initial Expansion Space; 
 (3) Provided that no Event of Default shall have occurred and then be continuing, (i) Tenant shall
receive an aggregate rent credit in the amount of $565,040.67, which amount shall be reduced by $2,354.34 for each day from the period commencing on the date of this Lease and ending on the date the Initial Expansion Notice is delivered to Landlord
(such reduced amount, the “Aggregate Initial Expansion Space Rent Credit”), to be applied against the amounts of Fixed Rent due hereunder with respect to the Initial Expansion Space and (ii) the term “Aggregate Rent
Credit” shall include the Aggregate Initial Expansion Space Rent Credit but shall be applied only to the Ninth Floor Premises Fixed Rent; 

(4) Tenant’s Tax Share shall be increased by the addition of 8.5885% to reflect the addition of the RSF of the Initial Expansion Space to
the RSF of the Premises; 
 (5) Section 3.2(A)(II) of this Lease shall be deleted in its entirety and the
following substituted therefor: 
 “(II) commencing on July 1, 2017, an amount (“Tenant’s Initial Tax
Payment”) equal to (a) $30,561.00 (or $0.75 per RSF of the Premises) for the 2017/2018 Tax Year; (b) $61,122.00 (or $1.50 per RSF of the Premises) for the 2018/2019 Tax Year; (c) $91,683.00 for the 2019/2020 Tax Year (or $2.25 per RSF of
the Premises); (d) $122,244.00 (or $3.00 per RSF of the Premises) for the 2020/2021 Tax Year; and (e) $152,805.00 (or $3.75 per RSF of the Premises) for the 2021/2022 Tax Year.” 

(6) Section 3.2(B)(III) of this Lease shall be deleted in its entirety and the following substituted therefor: 

“(III) Tenant’s Initial Tax Payment of $152,805.00. ” 

(7) Within fifteen (15) days after Tenant shall have exercised the Initial Expansion Option, Tenant shall increase the amount of the
Security Deposit by the sum of $1,020,453.78 to reflect Tenant’s lease of the Initial Expansion Space. Such increase shall be effected by (i) Tenant exchanging a replacement Letter of Credit meeting the requirements of Article 35 in
the increased total amount for the existing Letter of Credit, or (ii) the Issuing Bank delivering an amendment to the Letter of Credit increasing the amount thereof (but which does not otherwise amend or modify same), which amendment Landlord
shall promptly countersign or authorize in writing if required by the Issuing Bank; 

  
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 (8) In the first sentence of Section 35.6(A) of this Lease, the
amount “$2,086,746.39” shall be deleted and replaced with the amount “$2,921,663.16”; 
 (9) In the first and last
sentences of Section 35.6(B) of this Lease, the amount “$1,391,164.26” shall be deleted and replaced with the amount “$1,947,775.44”; 

(10) Landlord’s Maximum Contribution shall be increased by the addition of an amount derived by multiplying $711,240.00 by a fraction,
the numerator of which is the number of months in the Term with respect to the Ninth Floor Premises for which no portion of the Aggregate Initial Expansion Space Rent Credit is applied against the amounts of Fixed Rent due hereunder with
respect to the Initial Expansion Space, and the denominator of which is one hundred twenty (120) but in no event shall Landlord’s Maximum Contribution exceed $711,240.00; 

(11) Article 40 of this Lease shall be null and void in its entirety; 

(12) With respect solely to the Initial Expansion Space, the term “Substantial Completion” shall refer solely to the Substantial
Completion of the Initial Expansion Space and not to any other portion of the Premises; 
 (13) With respect solely to the application of
the terms of the Work Agreement to the Initial Expansion Space: 
 (i) In Section I.B of the Work Agreement, (x) the date
“November 15, 2015” shall be replaced in its entirety in all places in which it appears with the words “the date on which the Initial Expansion Notice is delivered to Landlord” and (y) the date “December 31, 2015”
shall be replaced in its entirety in all places in which it appears with the words “the date which is forty-five (45) days after the date on which the Initial Expansion Notice is delivered to Landlord” 

(ii) In Section II.C of the Work Agreement, the date “August 30, 2016” shall be replaced in its entirety in all places in
which it appears with the words “the date which is one hundred eighty (180) days after the date on which the Initial Expansion Notice is delivered to Landlord”; 

(iii) In Article V of the Work Agreement, the date “July 1, 2016” shall be replaced in its entirety with the words “such
date as is reasonably determined by Landlord, written notice of which date is provided to Tenant within a reasonable time after Landlord’s approval of the Final Plans” 

(C) Notwithstanding anything to the contrary contained in this Article 44, Tenant shall have the right to elect in writing (such
election, the “TIA Election”), concurrently with its delivery of the Initial Expansion Notice, to perform Landlord’s Initial Alterations Work (in lieu of having such work performed by Landlord) with respect only to the Ninth
Floor Premises, and receive the amount of Landlord’s Maximum Contribution as a Tenant 

  
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 Improvement Allowance on a progress payments basis as work is completed. Time is of the essence with respect
to the TIA Election. If Tenant fails timely to make the TIA Election concurrently with its timely delivery of an Initial Expansion Notice, then Tenant shall no longer have the right to make the TIA Election, this
Section 44.1(C) shall be null and void and Landlord’s Initial Alterations Work with respect to the Ninth Floor Premises shall be performed in accordance with the terms of this Lease (including, without limitation,
Section 44.1(B)). If Tenant timely makes the TIA Election, the Work Agreement (and Section 44.1(B)(13) of this Lease) shall not apply with respect to the Ninth Floor Premises, and the following
shall apply with respect to the Ninth Floor Premises: 
 (1) The definition of Ninth Floor Premises Commencement Date included in Article 1
of this Lease shall be deleted in its entirety and the following substituted therefor: ““Ninth Floor Premises Commencement Date” shall mean the earlier to occur of (i) the date which is four (4) months after the date
on which Landlord shall have tendered possession of the Ninth Floor Premises to Tenant and (ii) the first date on which Tenant or any Person claiming under or through Tenant first occupies the Ninth Floor Premises, for the conduct of its
business.” 
 (2) All references in this Lease to Landlord’s Initial Alterations Work shall, with respect to the Ninth Floor
Premises, be deemed to refer to the Initial Alterations (as hereinafter defined); 
 (3) Provided there has not occurred an Event of Default
under this Lease, subject to the conditions set forth below, Landlord shall pay to Tenant a sum (the “Tenant Improvement Allowance”) in connection with the Alterations to be made by Tenant for Tenant’s initial occupancy of the
Ninth Floor Premises (the “Initial Alterations”) up to a maximum amount not to exceed the amount of Landlord’s Maximum Contribution with respect to the Ninth Floor Premises for those costs and expenses directly incurred by
Tenant in connection with the actual costs of construction of the Initial Alterations, as shown on the approved plans and specifications referred to in Section 6.1 for such Initial Alterations. For purposes of the preceding
sentence, actual costs of construction shall include both so called “hard” construction costs and so called “soft” costs for Tenant’s architectural, engineering and permitting and filing fees with respect only to the Ninth
Floor Premises (collectively, “Soft Costs”), provided that Landlord shall not be obligated to fund more than twenty-five percent (25%) of the Tenant Improvement Allowance for Soft Costs. Notwithstanding anything to the contrary, set
forth herein the Tenant Improvement Allowance shall not be used for telephone systems, computer systems, furniture or decorations (other than carpeting, wall coverings and window blinds). Tenant shall submit to Landlord a line item budget (for
Landlord’s review and approval) setting forth estimated construction costs in detail prior to commencement of the Initial Alterations; 

(4) Provided that no Event of Default is then continuing, Landlord shall pay for such costs by paying the contractors, suppliers or
consultants designated by Tenant or by reimbursing Tenant, at Tenant’s option, the Tenant Improvement Allowance from time to time, but no more frequently than in monthly installments, within thirty (30) days after, with respect to each
such installment: (i) Landlord receives from Tenant a requisition for payment (in the form issued by the American Institute of Architects), certified by Tenant’s independent licensed architect stating (a) that, in his or her opinion,
the portion of the Initial Alterations completed and for which the disbursement is requested was performed in a good and workerlike 

  
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 manner and in accordance with Tenant’s plans and specifications, (b) the percentage of the Initial
Alterations completed as of the date of such certificate, and (c) the revised estimated cost to complete the Initial Alterations; (ii) Landlord receives from Tenant proper invoices which are due and payable and original lien waivers for
that portion of the Initial Alterations then completed; (iii) all Governmental Authorities having or asserting jurisdiction (including the Department of Buildings or similar agency) shall have issued final approvals of that portion of the
Initial Alterations then completed, and true copies of such approvals shall have been delivered to Landlord; and (iv) Landlord receives from Tenant a written signed statement or request from an authorized officer of Tenant outlining in detail
the amount of the Tenant Improvement Allowance already paid by Landlord and the amount then being requested in such installment, along with a certified statement by Tenant that the amount claimed is for reimbursement to the listed parties. Landlord
may retain ten percent (10%) of the Tenant Improvement Allowance until the Initial Alterations are completed and approved by Landlord (and all documentation for this final installment are timely submitted and requirements met, as set forth below).
Each requisition for payment of an installment of the Tenant Improvement Allowance must be made by Tenant and received by Landlord (along with all required documentation and information set forth in this Section 44.1(C)(3))
no later than two (2) years after the Ninth Floor Premises Commencement Date. It is expressly understood and agreed that Tenant shall complete the Initial Alterations, whether or not the Tenant Improvement Allowance is sufficient to fund such
completion, and in the event the cost of the Initial Alterations exceeds the Tenant Improvement Allowance, Tenant shall be responsible to pay all of such excess costs and expenses; 

(5) Notwithstanding anything to the contrary contained in this Section 44.1(C), if, at the time any installment of
the Tenant Improvement Allowance is required to be made, Tenant is in arrears in the payment of Fixed Rent or Additional Rent, then Landlord may offset the amount of such arrearages against the installment due from Landlord under this
Section 44.1(C); 
 (6) Subject to the terms and conditions set forth in this
Section 44.1(C), within thirty (30) days after the last to occur of (i) Tenant’s request for the final installment of the Tenant Improvement Allowance, (ii) completion of the Initial Alterations in
accordance with the terms hereof, (iii) delivery to Landlord of general releases and waivers of lien from all contractors, subcontractors and materialmen involved in the performance of the Initial Alterations and the supply of materials used in
connection with the Initial Alterations, (iv) a certificate from Tenant’s independent licensed architect certifying that (x) in his or her opinion the Initial Alterations has been performed in a good and workerlike manner and
completed substantially in accordance with Tenant’s plans and specifications for the Initial Alterations, and (y) to his or her knowledge all contractors, subcontractors and materialmen have been paid for the Initial Alterations, and
materials furnished through such date, and (v) satisfaction of all of the conditions set forth above in this Section 44.1(C), Landlord shall fund the balance of the Tenant Improvement Allowance which had been retained.
Tenant expressly agrees that Landlord’s obligation to pay the final installment of the Tenant Improvement Allowance shall also be conditioned upon Tenant’s compliance with the requirements set forth in
Section 44.1(C)(3) above; 

  
 100 

 (7) In no event shall the aggregate amount paid by Landlord to Tenant with respect to the
Initial Alterations ever exceed the amount of the Tenant Improvement Allowance. If the costs and expenses for the Initial Alterations are less than the amount of the Tenant Improvement Allowance, or if Tenant has not submitted a request for any
installment of the Tenant Improvement Allowance within the outside date set forth above, time being of the essence, Tenant shall not be entitled to any payment or credit for such excess or unused amounts; and 

Section 44.2. After the exercise of the Initial Expansion Option, Landlord and Tenant shall confirm the occurrence thereof by executing
an instrument reasonably satisfactory to Landlord and Tenant; provided, that failure by Landlord or Tenant to execute such instrument shall not affect the inclusion of the Initial Expansion Space in the Premises in accordance with this
Article 44. 
 [Signatures appear on the following page] 

  
 101 

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

			
	LANDLORD:
	
	MAPLE WEST 25TH OWNER, LLC,
	a Delaware limited liability company
		
	By:	 	/s/ Stephen J. Cusma
		 	Name: Stephen J. Cusma
		 	Title: Secretary
	
	TENANT:
	
	PELOTON INTERACTIVE, INC., a Delaware corporation
		
	By:	 	/s/ John Foley
		 	Name: John Foley
		 	Title: CEO
	
	Tenant’s Federal Employer
	 Identification Number: [***]

  
 102 

 SCHEDULE A 

FLOOR PLAN OF THE TENTH FLOOR PREMISES 

(See attached) 
 ALL AREAS,
DIMENSIONS AND CONDITIONS ARE APPROXIMATE. 

  
 A-1 

 

 
  

 SCHEDULE B 

FLOOR PLAN OF THE ELEVENTH FLOOR PREMISES 

(See attached) 
 ALL AREAS,
DIMENSIONS AND CONDITIONS ARE APPROXIMATE. 

  
 B-1 

 

 
  

 SCHEDULE C 

FLOOR PLAN OF THE PENTHOUSE SPACE 

(See attached) 
 ALL AREAS,
DIMENSIONS AND CONDITIONS ARE APPROXIMATE. 

  
 C-1 

 

 
  

 SCHEDULE D 

FIXED RENT SCHEDULE 
 Tenth Floor
Premises 
  

									
	 Months
	  	Per Annum	 	  	Per Month	 
	 Commencement Date to day
	  				  			
	 prior to Fixed Rent Step-up
	  				  			
	 Calculation Commencement
	  				  			
	 Date
	  	$	847,561.00	 	  	$	70,630.08	 
	 Fixed Rent Step-up
	  				  			
	 Calculation Commencement
	  				  			
	 Date to 121 
	  	$	847,561.00	 	  	$	70,630.08	 
	 13 to 24
	  	$	866,631.12	 	  	$	72,219.26	 
	 25 to 36
	  	$	886,130.32	 	  	$	73,844.19	 
	 37 to 48
	  	$	906,068.26	 	  	$	75,505.69	 
	 49 to 60
	  	$	926,454.79	 	  	$	77,204.57	 
	 61 to 72
	  	$	1,018,424.02	 	  	$	84,868.67	 
	 73 to 84
	  	$	1,041,338.56	 	  	$	86,778.21	 
	 85 to 96
	  	$	1,064,768.68	 	  	$	88,730.72	 
	 97 to 108
	  	$	1,088,725.98	 	  	$	90,727.16	 
	 109 to Fixed Expiration Date
	  	$	1,113,222.31	 	  	$	92,768.53	 

  

	1	 Note: month numbers are from the Fixed Rent Step-up Calculation
Commencement Date 

  
 D-1 

 Eleventh Floor Premises 
  

									
	 Months
	  	Per Annum	 	  	Per Month	 
	 Commencement Date to day
	  				  			
	 prior to Fixed Rent Step-up
	  				  			
	 Calculation Commencement
	  				  			
	 Date
	  	$	834,548.00	 	  	$	69,545.67	 
	 Fixed Rent Step-up
	  				  			
	 Calculation Commencement
	  				  			
	 Date to 122 
	  	$	834,548.00	 	  	$	69,545.67	 
	 13 to 24
	  	$	853,325.33	 	  	$	71,110.44	 
	 25 to 36
	  	$	872,525.15	 	  	$	72,710.43	 
	 37 to 48
	  	$	892,156.97	 	  	$	74,346.41	 
	 49 to 60
	  	$	912,230.50	 	  	$	76,019.21	 
	 61 to 72
	  	$	1,002,787.68	 	  	$	83,565.64	 
	 73 to 84
	  	$	1,025,350.41	 	  	$	85,445.87	 
	 85 to 96
	  	$	1,048,420.79	 	  	$	87,368.40	 
	 97 to 108
	  	$	1,072,010.26	 	  	$	89,334.19	 
	 109 to Fixed Expiration Date
	  	$	1,096,130.49	 	  	$	91,344.21	 

  

	2	 Note: month numbers are from the Fixed Rent Step-up Calculation
Commencement Date 

  
 D-2 

 Penthouse Space 
  

									
	 Months
	  	Per Annum	 	  	Per Month	 
	 Commencement Date to day
	  				  			
	 prior to Fixed Rent Step-up
	  				  			
	 Calculation Commencement
	  				  			
	 Date
	  	$	440,176.00	 	  	$	36,681.33	 
	 Fixed Rent Step-up
	  				  			
	 Calculation Commencement
	  				  			
	 Date to 123 
	  	$	440,176.00	 	  	$	36,681.33	 
	 13 to 24
	  	$	450,079.96	 	  	$	37,506.66	 
	 25 to 36
	  	$	460,206.76	 	  	$	38,350.56	 
	 37 to 48
	  	$	470,561.41	 	  	$	39,213.45	 
	 49 to 60
	  	$	481,149.04	 	  	$	40,095.75	 
	 61 to 72
	  	$	524,182.90	 	  	$	43,681.91	 
	 73 to 84
	  	$	535,977.01	 	  	$	44,664.75	 
	 85 to 96
	  	$	548,036.49	 	  	$	45,669.71	 
	 97 to 108
	  	$	560,367.32	 	  	$	46,697.28	 
	 109 to Fixed Expiration Date
	  	$	572,975.58	 	  	$	47,747.97	 

  

	3	 Note: month numbers are from the Fixed Rent Step-up Calculation
Commencement Date 

  
 D-3 

 Initial Expansion Space 

(Ninth Floor Premises) 
  

									
	 Months
	  	Per Annum	 	  	Per Month	 
	 Commencement Date to day
	  				  			
	 prior to Fixed Rent Step-up
	  				  			
	 Calculation Commencement
	  				  			
	 Date
	  	$	847,561.00	 	  	$	70,630.08	 
	 Fixed Rent Step-up
	  				  			
	 Calculation Commencement
	  				  			
	 Date to 124 
	  	$	847,561.00	 	  	$	70,630.08	 
	 13 to 24
	  	$	866,631.12	 	  	$	72,219.26	 
	 25 to 36
	  	$	886,130.32	 	  	$	73,844.19	 
	 37 to 48
	  	$	906,068.26	 	  	$	75,505.69	 
	 49 to 60
	  	$	926,454.79	 	  	$	77,204.57	 
	 61 to 72
	  	$	1,018,424.02	 	  	$	84,868.67	 
	 73 to 84
	  	$	1,041,338.56	 	  	$	86,778.21	 
	 85 to 96
	  	$	1,064,768.68	 	  	$	88,730.72	 
	 97 to 108
	  	$	1,088,725.98	 	  	$	90,727.16	 
	 109 to Fixed Expiration Date
	  	$	1,113,222.31	 	  	$	92,768.53	 

  

	4	 Note: month numbers are from the Fixed Rent Step-up Calculation
Commencement Date 

  
 D-4 

 SCHEDULE E 

FORM OF COMMENCEMENT DATE AGREEMENT 

THIS COMMENCEMENT DATE AGREEMENT, made as of the day of     , 20         (this
“Agreement”), made by and between MAPLE WEST 25TH OWNER, LLC, a Delaware limited liability company, having its principal place of business at 53 Maple Avenue, Morristown, New Jersey 07960 (“Landlord”), and PELOTON
INTERACTIVE, INC., a Delaware corporation, having an office at
[                                ] (“Tenant”). 

W I T N E S E T H: 
 WHEREAS,
Landlord and Tenant have entered into an Agreement of Lease, dated as of November 11, 2015 (the “Lease”), pursuant to which Landlord leased to Tenant certain premises in the Building known as 125 West 25th Street, New York, New
York, as more fully described in the Lease; and 
 WHEREAS, pursuant to the provisions of the Lease, the parties agreed to execute a written
agreement confirming the Commencement Date with respect to each of the Tenth Floor Premises, the Eleventh Floor Premises and the Penthouse Space and the Fixed Expiration Date (as such terms are defined in the Lease). 

NOW, THEREFORE, Landlord and Tenant confirm that (i) the “Term” of the Lease commenced on
                            , 20        , and such date constitutes
the “Commencement Date”; (ii) the “Fixed Rent Step-up Calculation Commencement Date” is
                        , 20            ; and (ii) the
“Fixed Expiration Date” is                     , 20            . Tenant
has accepted possession of the Premises and is in occupancy thereof, and all work to be performed to the Premises for Tenant by Landlord under the Lease (if any) has been substantially completed. 

* * * 
 [Remainder of
Page Intentionally Left Blank. Signature Page Follows.] 

  
 E-1 

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

			
	LANDLORD:
	
	MAPLE WEST 25TH OWNER, LLC, a Delaware limited liability company
		
	By:	 	  

		 	Name:
		 	Title:
	
	TENANT:
	
	PELOTON INTERACTIVE, INC., a Delaware corporation
		
	By:	 	  

		 	Name:
		 	Title:

  
 E-2 

 SCHEDULE F 

BUILDING RULES AND REGULATIONS FOR CONSTRUCTION WORK 

125 West 25th 
 NEW YORK,
NY 10001 
 CONSTRUCTION RULES & REGULATIONS 

Introduction 
 These guidelines have been developed
to provide tenants and contractors with the landlord’s rules and requirements related to construction and/or renovation projects at 125 West 25th (“The Property”). These guidelines supersede any similar materials that have been
previously distributed by other entities. 
 Questions regarding these guidelines should be directed to: 

Normandy Real Estate Partners 
 1370 Broadway, Suite 1420 

New York, NY 10018 
 Office: 212-967-4590 
 Fax: 

Rebecca Langendoen, Property Manager 
 [***] 

Vanessa Green, Tenant Coordinator 
 [***] 

General Requirements 
  

	 	1.	 All contractors hired to perform work at The Property will be required to meet with the 125 West 25th Building
Management Team prior to the start of any work. All contractors will be given a copy of the 125 West 25th Construction Rules & Regulations and will be required to sign the signature page of the document, indicating their
receipt and understanding of the guidelines. 

  

	 	2.	 Unless specifically stated otherwise in a tenant’s lease, all tenants’ and or GC’s will be
required to submit to the building management office, the names and contact details (e-mail / cell # / fax #) of all proposed contractors and sub contractors that the tenant and or GC desires to have work in
the building. The landlord must approve all contractors and sub contractors, in writing, prior to the start of any work. Certain landlord approved contractors are listed at the end of these Rules. 

  
 F-1 

	 	3.	 Unless specifically stated otherwise in a tenant’s lease, all tenants’ planning to perform
renovations or construction work in their space, will be required to submit the following items to the building management office at least 15 business days prior to the planed start of any work: 

	 	a.	 A complete set of stamped construction drawings including demolition plans, partition plans, mechanical,
electrical and plumbing plans, reflected ceiling plans, telephone/data wiring plans, structural plans and life safety and sprinkler drawings. 

  

	 	b.	 All relevant hydraulic calculations for sprinkler systems, stamped by a licensed engineer.

  

	 	c.	 The name of the architectural firm and all engineering firms associated with the project along with contact
individuals at each firm. Include telephone, cell phone, pager numbers and e-mail address if applicable. 

  

	 	d.	 A project schedule showing in detail, the projected start, and duration of the proposed work.

  

	 	e.	 Copies of all general contractor and construction management contracts associated with the project, provided
that if a tenant enters into any agreements with other contractors, materialmen or suppliers of services directly, such tenant shall be obligated to submit all such agreements in accordance with this Section 3(e). 

 

	 	4.	 Unless specifically provided in a tenant’s lease, non-engineered
or “Design-Build” projects involving HVAC, electrical, plumbing and life safety systems will not be permitted at the property. All such work must be done in accordance with professionally engineered specifications and drawings approved by
the building manager. Exceptions to this requirement may be made only with the written permission of the Property Manager. 

Building Access/Construction Policies 
 Building
Access 
  

	 	1.	 Contractors will have access to the building between the hours of 8:00 am and 6:00 pm, Monday through Friday,
excluding holidays. After hours and weekend access can be arranged by contacting the property management office at least 48 hours prior to the need for after-hours access. 

  
 F-2 

	 	2.	 A building engineer will be required to be onsite during all afterhours work at a cost to the tenant of $150.00
per hour with a four hour minimum. In addition the building manager may require security detail during afterhours periods, if loading docks, common areas, elevators, etc. are to be impacted by contractor’s work. The billing rate for a security
officer is $50.00 per hour and must be scheduled 48 hours in advance by contacting the property management office. The rates mentioned above are subject to change. 

Deliveries/Loading Docks 
 The building loading dock is to
be used to bring all construction materials into the property. Deliveries shall be made before 8am or after 6pm, Monday through Friday, and require an elevator operator at the contractor’s or tenant’s expense. No materials may be brought
into or through the property through the main building lobby. 
  

	 	1.	 There is no equipment/material storing permitted at the loading docks or receiving area ramps.

  

	 	2.	 All large deliveries of construction materials or supplies that require extended use of the freight elevator
must be completed before 8 am, Monday through Friday, or after 6 pm at a charge of $120.00 an hour, with a 4 hour minimum. Weekend deliveries can also be arranged ($120.00 an hour, with a 4 hour minimum). All large deliveries must be
scheduled with the property management office at least 24 hours in advance. Unscheduled deliveries will be turned away by 125 West 25th security. 

  

	 	3.	 No materials or equipment may be stored in or around the loading dock, receiving area, service corridor,
closets, common areas, stairwells or base building electrical rooms or mechanical rooms. Any items left unattended for more than 15 minutes may be disposed of by building management without notice and billed back to contractor or tenant.

 Rubbish Removal/Dumpsters 
  

	 	1.	 The contractor will accumulate all demolition debris, rubbish and other refuse related to all construction
projects neatly in the work area. Removal of this debris from the property must be done between the hours of 6 am and 8 am, Monday through Friday, excluding holidays, after 6 pm or on weekends at charge of $120.00 an hour. No debris may be stored in
property mechanical spaces, common areas, elevators, loading dock or stairwells at any time. 

  

	 	2.	 The contractor may not keep a dumpster on the property overnight. All debris must be loaded into the
contractor’s container and the container must be removed the same day. All dumpster placements must be scheduled by the property management office at the contractor’s expense. Unscheduled or unauthorized dumpsters will be rejected.

  
 F-3 

	 	3.	 The contractor may not place anything in the 125 West 25th rubbish containers for any reason, at any time.

  

	 	4.	 The contractor will be responsible for the clean-up of any debris in
the loading dock area resulting from the overfilling of the contractor’s container. 

 Noisy/Disruptive Work 

 

	 	1.	 All noisy or disruptive work, including but not limited to coring, track stud installation, drilling or
movement of heavy equipment must be scheduled for completion before 8 am or after 6:00 pm, Monday through Friday or on Weekends. Management reserves the right to terminate any contractor activities which it considers loud or disruptive at any time.
Any numerous noise complaints during 8 am to 6 pm, may cause all construction activity to be stopped and required to be scheduled for after hours through the balance of the job. 

Keying/Locks 
  

	 	1.	 All keying and lock installation must be approved and keyed to master by and coordinated with 125 West 25th at
least one week prior to the planned date of installation. Any doors that employ a card access system must be compatible with the Building’s security access card. 

 

	 	2.	 Unless specifically approved in writing by the Property manager, all locks, card access equipment and security
equipment shall be produced by a manufacturer reasonably acceptable to 125 West 25th. 

  

	 	3.	 No rekeying of property mechanical, electrical, telephone or other service areas of the property will be
permitted. All unauthorized locks will be removed at the contractor’s or tenant’s expense. 

 Work Area Protection 

 

	 	1.	 The contractor will be required to cover all return ducts with filter media prior to the start of any work.
This material must be changed as needed to maintain proper return airflow. 

  

	 	2.	 Any fouling of the building HVAC system caused by the contractor’s failure to properly install protective
filtering will be repaired by 125 West 25th at the contractor’s expense. 

  

	 	3.	 The contractor will be required to install protective covering on all common area floors through which
materials are to be moved. 

  
 F-4 

 Restroom Usage 
  

	 	1.	 The Contractor will be required to constantly police all areas through which materials and contractor’s
employees are moved and ensure that all areas are kept clean and free of dust, debris and rubbish. The contractor and sub contractors are required to use the restrooms mandated by Property Management and NOT in any other tenant floors. The
contractor will be billed for any cleaning that 125 West 25th must perform as a result of the contractor’s presence on the property. 

  

	 	2.	 The contractor will take all needed action to protect property elevators, corridors, entranceways, doors,
doorframes, millwork, corners, ceilings, flooring, walls and any and all other interior or exterior surfaces of the building from any damage that might occur as a result of the contractor’s activities in or around the building. All damages
caused by the contractor or any contractors’ employees, subcontractors, suppliers or vendors will be repaired by 125 West 25th at the contractor’s expense. 

 

	 	3.	 The contractor will maintain the work area in a neat and workmanlike condition at all times.

 Life Safety Systems/Utility Shutdowns 
  

	 	1.	 All water, electrical or other utility shutdowns must be scheduled through the 125 West 25th Management Office
in writing, at least thirty (30) days prior to the date of the planned shutdown. All shut downs must be scheduled for after hours periods and at a time acceptable to 125 West 25th. Security and maintenance personnel charges will be billed to
the contractor/tenant. 

  

	 	2.	 All fire alarm work must be tied in to the property alarm panel by the landlord’s approved fire alarm
service company (landlord approved contractors attached) and all related costs will be billed to the contractor/tenant. All fire alarm testing must be scheduled in writing with the 125 West 25th Management Office one week prior to the date of the
planned test. Any needed security and/or maintenance personnel charges will be billed to the contractor/tenant. 

  

	 	3.	 Tenant and/or contractor shall maintain the continuity of all existing fire alarm circuits that pass thru the
leased space when fire alarm wiring is modified or devices are added or removed. 

  

	 	4.	 Tenant shall pay all costs associated with the removal and/or relocation of any existing fire alarm circuits
that interfere or infringe on their design or can’t be dressed back in a workmanship manner. 

  
 F-5 

	 	5.	 Tenant shall pay all costs associated with repairs and/or replacements due to the tenant’s or
contractors’ negligence and any repair work required as a result of any fire alarm system troubles caused by construction or remodeling work completed within their leased space. 

 

	 	6.	 The contractor will maintain full fire protection coverage in the work area at all times. Sprinkler coverage
will be maintained throughout the work area and all sprinkler systems will be refilled at the end of each work day. In the event that sprinkler coverage is not in place after hours, 125 West 25th will require scheduling of a fire watch at the
contractor’s or tenant’s expense. 

  

	 	7.	 Tenant must give (48) hours’ notice when a sprinkler drain down is required and landlord will perform
this service free of charge twice for the duration of the project. Any additional requests for this service will be at a cost of $250.00 each. Tenant shall not be required to drain the temporary sprinkler loop in connection with Tenant’s
Installations (as such term is defined in Article V of the Work Agreement attached as Schedule M to the Lease). 

  

	 	8.	 All sprinkler piping used in the building will be rigid black iron. No copper or flexible piping will be
permitted. 

  

	 	9.	 All water or electrical check meter installation shall be coordinated through the 125 West 25th Management
Office. 

  

	 	10.	 Fire watch and hot work must be done after hours. 

 

	 	11.	 If tenant / contractor fails to notify Management that their work requires the building to be taken offline
resulting in the activation of the fire alarm system, tenant will be responsible for any associated fines. 

 Green Buildings 

 

	 	1.	 Contractor agrees to incorporate Sustainability Standards into the preparation of the Plans and Specifications,
when such compliance will not cause a material increase in Construction Costs. Notwithstanding anything to the contrary, landlord and tenant acknowledge and agree that the foregoing is merely a request of landlord, and tenant’s compliance with
the foregoing shall be in tenant’s sole discretion. 

  
 F-6 

 Purchasing 
  

	 	1.	 If Landlord has a comprehensive sustainable purchasing policy as part of its Sustainability Initiative,
Contractor agrees to provide information about all material purchases for facility improvements, additions and alterations. Landlord will supply a standard format for reporting purposes that will include, but not be limited to, data on cost,
quantity purchased and product sustainability features. Contractor shall timely and fully report to Landlord all such information including product specification sheets on all materials used in connection with the job, as Landlord may require from
time to time. Notwithstanding anything to the contrary, landlord and tenant acknowledge and agree that the foregoing is merely a request of landlord, and tenant’s compliance with the foregoing shall be in tenant’s sole discretion.

 Construction Management Plan for Indoor Air Quality 
  

	 	1.	 Contractor agrees to develop and implement an Indoor Air Quality (IAQ) Management Plan for the construction and
occupancy phases of the area being built out as follows. 

  

	 	2.	 During construction, meet or exceed the recommended Design Approaches of the Sheet Metal and Air Conditioning
National Contractors Association (SMACNA) IAQ Guideline for Occupied Buildings Under Construction, 1995, Chapter 3. 

  

	 	3.	 Protect stored on-site or installed absorptive materials from moisture
damage. 

  

	 	4.	 If air handlers must be used during construction, use filtration media with a Minimum Efficiency Reporting
Value (MERV) of 8 at each return air grill, as determined by ASHRAE 52.2-1999. 

  

	 	5.	 Replace all filtration media immediately prior to occupancy. 

 

	 	6.	 Make every reasonable effort to minimize the off-gassing of volatile
organic compounds used in construction materials within the Building. Efforts may include the use of no-and low-VOC products and materials, allowing products to off-gas before being brought into the Building, and flushing out the space with outside air or air purifiers. 

  

	 	7.	 Notwithstanding anything to the contrary, landlord and tenant acknowledge and agree that the foregoing
paragraphs 1 through 6 are merely requests of landlord, and tenant’s compliance with the foregoing shall be in tenant’s sole discretion. 

Work Area Supervision 
  

	 	1.	 The contractor shall designate a contact person who will be responsible for the supervision of the project and
shall provide a cell phone for the contact person. This person shall function as the contact with 125 West 25th. The contractor will properly supervise the project at all times. 

  
 F-7 

 Documentation/Permitting 
  

	 	1.	 The contractor will be required to secure all applicable permits as may be required by local statute or code
and shall at all times comply fully with all applicable building codes, laws and statutes. 

  

	 	2.	 The contractor will provide 125 West 25th with copies of all building permits prior to the start of any work.

  

	 	3.	 Following completion of the project, the contractor will provide 125 West 25th with the following: a. Copies of
all as-built drawings for the project b. Copies of all air balancing reports as applicable c. Copies of all equipment manuals and warranties if applicable d. Copy of signed off building permit, indicating all
rough and final inspections e. A copy of the temporary and permanent Certificate of Occupancy 

 Insurance 

The contractor shall provide landlord with policies of insurance as required by the Lease, prior to the start of any work. 

  
 F-8 

 Tenant’s Authorization 

We authorize our contractor to make requests for usage of the freight car and/or an engineer and we accept responsibility of any costs associated with their
requrest(s). 
  

			
	  
	 	
	Tenant Signature	 	
	  
	 	
	Tenant Print Name	 	
	  
	 	
	Title                                     
                               Date	 	

 Contractor’s Receipt and Acceptance of Rules & Regulations 

I have received and read a copy of the 125 West 25th’s Construction Rules & Regulations, dated
                            . I will comply with all the requirements contained therein and by signing below;
indicate my receipt of and agreement to comply with these guidelines. 
  

			
	Signed	 	
                     

		
	Print Name	 	  

		
	Contractor Name	 	  

		
	Project/Tenant	 	  

		
	Date	 	  

	
	Landlord Approved Contractors:

  

			
	 Fire Alarm:
	  	Madison Service Corporation
		  	Contact: [***]
		  	Office #: [***]

  
 F-9 

			
	 Electrician:
	  	Gunzer Electric
		  	Contact:[***]
		  	Office #:[***]
		
	 Alterations/Additions Roof:
	  	POFI Construction Corp.
		  	Contact:[***]
		  	Office #:[***]

  
 F-10 

 SCHEDULE G 

RULES AND REGULATIONS 
 1.
The sidewalks, entrances, passages, courts, elevators, vestibules, corridors and halls shall not be obstructed or encumbered by Tenant or used for any purpose other than ingress and egress to and from the Premises and for delivery of merchandise and
equipment in prompt and efficient manner, using elevators and passageways designated for such delivery by Landlord. The Building’s fire stairways are for emergency use only; the use thereof for other purposes being expressly prohibited, except
as expressly set forth in the Lease. 
 2. No awnings, air-conditioning units, fans or other
projections shall be attached to or project through the outside walls or windows of the Building. No curtains, blinds, shades or screens, other than those which conform to Building standards as established by Landlord from time to time, shall be
attached to or hung in, or used in connection with, any window or door of the Premises, without the prior written consent of Landlord. Such awnings, projections, curtains, blinds, shades, screens or other fixtures must be of a quality, type, design
and color, and attached in the manner approved by Landlord. All electrical fixtures hung in offices or spaces along the perimeter of the Premises must be of a quality, type, design and bulb color approved by Landlord. 

3. No sign, advertisement, notice or other lettering shall be exhibited, inscribed, painted or affixed by Tenant on any part of the outside of
the Premises or Building or on the inside of the Premises if the same can be seen from the outside of the Premises without the prior written consent of Landlord except that the name of Tenant may appear on the entrance door of the Premises subject
to Landlord’s reasonable approval of the size, style, color and manner in which such name is displayed. In the event of the violation of the foregoing by Tenant, if Tenant has refused to remove same after reasonable notice from Landlord,
Landlord may remove same without any liability, and may charge the expense incurred by such removal to Tenant. 
 4. The exterior windows and
doors that reflect or admit light and air into the Premises or the halls, passageways or other public places in the Building shall not be covered or obstructed by Tenant, nor shall any articles be placed on the windowsills. All windows in the
Premises shall be kept closed and all blinds therein, if any, above the ground floor shall be lowered when and as reasonably required because of the position of the sun, during the operation of the Building HVAC system to cool or ventilate the
Premises. 
 5. No showcases or other articles shall be put in front of or affixed to any part of the exterior of the Building, nor placed in
the halls, corridors or vestibules, nor shall any article obstruct any air-conditioning supply or exhaust without the prior written consent of Landlord. 

6. The water and wash closets and other plumbing fixtures shall not be used for any purposes other than those for which they were constructed,
and no sweepings, rubbish, rags, acids or other substances shall be deposited therein. All damages resulting from any misuse of such fixtures shall be borne by Tenant. 

  
 G-1 

 7. Tenant shall not mark, paint, drill into, or in any way deface any part of the Premises
or the Building. No boring, cutting or stringing of wires shall be permitted, except with the prior written consent of Landlord, which consent shall not be unreasonably withheld or delayed, and as Landlord may direct. Tenant shall not lay floor
tile, or other similar floor covering, so that the same shall come in direct contact with the floor of the Premises, and, if such floor covering is desired to be used an interlining of builder’s deadening felt shall be first affixed to the
floor, by a paste or other material, soluble in water, the use of cement or other similar adhesive material being expressly prohibited. 
 8.
No space in the Building shall be used for manufacturing, for the storage of merchandise, or for the sale of merchandise, goods or property of any kind at auction or otherwise (subject to Tenant’s use of the Premises to store or display its
product in limited quantities in accordance with the terms and provisions of the Lease, including, without limitation, Article 5 thereof). 

9. Tenant shall not make, or permit to be made, any unseemly or disturbing noises or disturb or interfere with occupants of the Building or
neighboring buildings or premises or those having business with them whether by the use of any musical instrument, radio, television set, tape player, phonograph, whistling, singing, or in any other way. 

10. Tenant, or any of Tenant’s servants, employees, agents, sublessees, visitors or licensees, shall not at any time bring or keep upon
the Premises any inflammable, combustible or explosive fluid, chemical or substance except such as are incidental to usual office occupancy and are properly safeguarded. 

11. No additional locks or bolts of any kind shall be placed upon any of the doors or windows by Tenant, nor shall any changes be made in
existing locks or the mechanism thereof, unless Tenant promptly provides Landlord with the key or combination thereto (except with respect to security areas). Tenant must, upon the termination of its tenancy, return to Landlord all keys of stores,
offices and toilet rooms, and in the event of the loss of any keys furnished at Landlord’s expense, Tenant shall pay to Landlord the cost thereof. 

12. No bicycles, vehicles or animals of any kind except for seeing eye dogs shall be brought into or kept by Tenant in or about the Premises or
the Building. 
 13. All removals, or the carrying in or out of any safes, freight, furniture or bulky matter of any description, must take
place in the manner and during the hours which Landlord or its agent reasonably may determine from time to time. Unless Landlord grants prior approval, Tenant shall not be permitted to perform any of the foregoing during Operating Hours on Business
Days. Landlord reserves the right to inspect all safes, freight or other bulky articles to be brought into the Building and to exclude from the Building all safes, freight or other bulky articles which violate any of these Rules and Regulations or
the Lease of which these Rules and Regulations are a part. Landlord shall have the right to prescribe the weight and position of safes and other objects of excessive weight, and no safe or other object whose weight exceeds the lawful load for the
area upon which it would stand shall be brought into or kept upon the Premises. If, in the judgment of Landlord, it is necessary to distribute the concentrated weight of any heavy object, the work involved in such distribution shall be done at the
expense of Tenant and in such manner as Landlord shall determine. 

  
 G-2 

 14. Tenant shall not occupy or permit any portion of the Premises demised to it to be
occupied as an office for a public stenographer or typist, or for the possession, storage, manufacture or sale of liquor, narcotics or drugs, or as a barber or manicure shop, or as an employment bureau. Tenant shall not engage or pay any employees
on the Premises, except those actually working for Tenant at the Premises, nor advertise for labor giving an address at the Premises. 
 15.
Tenant shall not purchase spring water, ice, towels or other like service, or accept barbering or bootblacking services in the Premises, from any company or persons not approved by Landlord, which approval shall not be withheld or delayed
unreasonably, or at hours or under regulations other than as reasonably fixed by Landlord. 
 16. Landlord shall have the right to prohibit
any advertising by Tenant which, in Landlord’s reasonable opinion, tends to impair the reputation of the Building or its desirability as a building for offices, and upon written notice from Landlord, Tenant shall refrain from or discontinue
such advertising. 
 17. Landlord reserves the right to exclude from the Building other than during Operating Hours on Business Days all
persons who do not present a pass to the Building signed or approved by Landlord. Tenant shall be responsible for all persons for whom a pass shall be issued at the request of Tenant and shall be liable to Landlord for all acts of such persons. 

18. Tenant shall, at its expense, provide artificial light for the employees of Landlord while doing janitor service or other cleaning, and in
making repairs or alterations in the Premises. 
 19. The requirements of Tenant will be attended to only upon written application at the
office of the Building. Building employees shall not perform any work or do anything outside of the regular duties, unless under special instructions from the office of Landlord. 

20. Canvassing, soliciting and peddling in the Building is prohibited and Tenant shall co-operate to
prevent the same. 
 21. There shall not be used in any space, or in the public halls of the Building, either by Tenant or by jobbers or
others, in the delivery or receipt of merchandise, any hand trucks, except those equipped with rubber tires and side guards. 
 22. Tenant
shall not do any cooking, conduct any restaurant, luncheonette or cafeteria for the sale or service of food or beverages to its employees or to others, or cause or permit any odors of cooking of other processes or any unusual or objectionable odors
to emanate from the Premises. Tenant shall not install or permit the installation or use of any food, beverage, cigarette, cigar or stamp dispensing machine other than for the exclusive use of Tenant’s employees and invitees, or permit the
delivery of any food or beverage to the Premises, except by such persons delivering the same as shall be approved by Landlord, which approval shall not be unreasonably withheld or delayed. 

  
 G-3 

 23. Tenant shall keep the entrance door to the Premises closed at all times. 

24. Any person whose presence in the Building at any time shall, in the judgment of 

the Landlord, be prejudicial to the safety, character, reputation and interests of the Building or of its tenants may be denied access to the
Building or may be ejected therefrom. In case of invasion, riot, public excitement or other commotion, Landlord may prevent all access to the Building during the continuance of the same, by closing the doors or otherwise, for the safety of the
tenants and protection of property in the Building. Landlord may require any person leaving the Building with any package or other object to exhibit a pass from the tenant from whose premises the package or object is being removed, but the
establishment and enforcement of such requirement shall not impose any responsibility on Landlord for the protection of any tenant against the removal of property from the premises of the tenant. 

25. Smoking is prohibited at all times throughout the Building. 

  
 G-4 

 SCHEDULE H 

CONTRACTOR’S INSURANCE REQUIREMENTS 
  

 
 CONTRACTOR/SUB REQUIREMENTS (Project Work) - NEW YORK ADDENDUM 

Any contactors/subcontractor doing work on premises (whether hired by a Tenant or Construction Manager hiring on Owner’s behalf) are required to provide
certificates of insurance showing proof of the following MINIMUM insurances. The following is agreed by all parties to be an addendum to any contract/purchase order or proposal which has been exchanged between such parties. 

ADDENDUM: 
 Contractor/Subcontractor
Indemnification: For trade contractors hired to do projects which are being bid (> 10,000 construction costs) 
 To the fullest extent
permitted by law, Vendor/Contractor shall defend, indemnify and hold harmless Owner, Property Manager, and all additional insured parties, as outlined in below (and herein referred to as “Indemnitee”), from and against all claims, damages,
liabilities, losses and expenses, including but not limited to attorneys’ fees, arising out of or in any way connected with the performance or lack of performance of the work under the agreement and/or any change orders or additions to the work
included in the agreement, provided that any such claim, damage, liability, loss or expense is attributable to bodily injury, sickness, disease or death, or physical injury to tangible property including loss of use of that property, or loss of use
of tangible property that is not physically injured, and caused in whole or in part by any actual or alleged: 
  

	•	 Act or omission of the Contractor or anyone directly or indirectly retained or engaged by it or anyone for
whose acts it may be liable; or 

  

	•	 Violation of any statutory duty, regulation, ordinance, rule or obligation by an Indemnitee provided that the
violation arises out of or is in any way connected with the Contractor’s performance or lack of performance of the work under the agreement. 

The Contractor’s obligations under this Addendum shall apply regardless of whether or not any such claim, damage, liability, loss or expense is or may be
attributable to the fault or negligence of the Contractor. 
 In the event that an Indemnitee is determined to be any percent negligent pursuant to any
verdict or judgment, Contractor’s obligation to indemnify the Indemnitee for any amount, payment, judgment, settlement, mediation or arbitration award shall extend to the percentage of negligence of the Contractor and anyone directly or
indirectly engaged or retained by it and anyone else for whose acts the Contractor is liable. 

  
 H-1 

 In any and all claims against an Indemnitee by any employee of the Contractor or anyone directly or
indirectly retained or engaged by it or anyone for whose acts it may be liable, the obligations under this Addendum shall not be limited by any limitation on the amount or type of damages, compensation or benefits payable by or for the Contractor
under workers’ compensation acts, disability benefit acts or other employee benefit acts. 
 The obligations under this Addendum shall not be limited
in any way by the amount or type of insurance required to be provided to or for the benefit of an Indemnitee as described in Addendum of the agreement. 

The obligations under this Addendum shall not be construed to negate, abridge or reduce any other right or obligation that would otherwise exist as to any
person or entity described in this Addendum. 
 If any portion of this Addendum is declared unlawful or void by a court of competent jurisdiction, the
remaining portions shall remain in full force and effect. 
 Contractor/Subcontractor Insurance Requirements (HAZARD LIST): 

*Hazard Levels* - vary by trade – see below 
 Low
Hazard – 
  

	 	•	 	 General Liability (BI/PD/P&AI, premises, completed ops, contractual liability) $1,000,000 occurrence /
$2,000,000 aggregate (PER LOCATION AGGREGATE) 

  

	 	•	 	 Umbrella (follow-form GL, EL, AL) $1,000,000 per occurrence / aggregate 

 

	 	•	 	 Workers Compensation $Statutory 

 

	 	•	 	 Employers Liability $100,000 per accident/person / $500,000 per policy 

 

	 	•	 	 Automobile Liability $1,000,000 combined single limit including hired & non-owned liability

  

	 	•	 	 Professional $1,000,000 per claim (if required for trade AND determined necessary by Owner)

  

	 	•	 	 Pollution $1,000,000 occ/agg (if required for trade) 

Medium Hazard - 
  

	 	•	 	 General Liability (BI/PD/P&AI, premises, completed ops, contractual liability) $1,000,000 occurrence /
$2,000,000 aggregate (PER LOCATION AGGREGATE) 

  

	 	•	 	 Umbrella (follow-form GL, EL, AL) $3,000,000 occurrence/aggregate 

 

	 	•	 	 Workers Compensation $Statutory 

 

	 	•	 	 Employers Liability $500,000 per accident/person / $500,000 per policy 

 

	 	•	 	 Automobile Liability $1,000,000 combined single limit including hired & non-owned liability

  

	 	•	 	 Professional $1,000,000 per claim (if required for trade AND determined necessary by Owner)

  

	 	•	 	 Pollution $2,000,000 occ/agg (if required for trade) 

High Hazard - 
  

	 	•	 	 General Liability (BI/PD/P&AI, premises, completed ops, contractual liability) $1,000,000 occurrence /
$2,000,000 aggregate (PER LOCATION AGGREGATE) 

  

	 	•	 	 Umbrella (follow-form GL, EL, AL) $5,000,000 occurrence/aggregate 

 

	 	•	 	 Workers Compensation $Statutory 

 

	 	•	 	 Employers Liability $1,000,000 per accident/person / $1,000,000 per policy 

 

	 	•	 	 Automobile Liability $1,000,000 combined single limit including hired & non-owned liability

  

	 	•	 	 Professional $2,000,000 per claim (if required for trade AND determined necessary by Owner)

  

	 	•	 	 Pollution $5,000,000 occ/agg (if required for trade) 

  
 H-2 

 All applicable liability policies shall name the following as Additional Insureds by specific
endorsement for ongoing and completed operations on a primary and non-contributory basis with a waiver of subrogation in favor of such parties (this includes pollution if required). 

Certificates of insurance shall reference. 
 Maple West 25th
Owner, LLC; Maple West 25th Member, LLC; WB WEST 25TH STREET MEMBER, LLC; QUEENS TOWER LLC; Normandy Real Estate Partners, LLC; Normandy FundSub Management Co., LLC; Normandy Development and Construction Services, LLC; Natixis Real Estate Capital,
ISAOA 
  

							
	2014 – Project	  	Insurance Hazard	  	Pollution	  	Professional
	 Contractors/Subcontractors
	  	 Levels*
	  	 Required
	  	 Required

	 125 W 25th Street, NY, NY
	  		  		  	
				
	 FIRE EXT/EMERGENCY LIGHTING
	  	Medium	  	no	  	no
				
	 TRASH HAULER
	  	Medium	  	yes	  	no
				
	 HAZARDOUS WASTE REMOVAL
	  	Medium	  	yes	  	no
				
	 INTERIOR DEMOLITION
	  	Discuss with Risk Mgr	  	no	  	no
				
	 SITE & EXTERIOR DEMOLITION
	  	Discuss with Risk Mgr	  	yes	  	no
				
	 EXCAVATION & SEDIMENT
	  		  		  	
				
	 CONTROLS
	  	Discuss with Risk Mgr	  	yes	  	no
				
	 SITE UTILITIES
	  	High	  	yes	  	no
				
	 ASPHALT / PAVING
	  	Low	  	no	  	no
				
	 LANDSCAPING
	  	Low	  	yes	  	no
				
	 IRRIGATION SYSTEMS
	  	Low	  	yes	  	yes
				
	 DECORATIVE SITE/CONST FENCING
	  	Low	  	no	  	no
				
	 RIGGING & ERECTING
	  	Discuss with Risk Mgr	  	no	  	no
				
	 HOISTS, CHUTES, LIFT, SCAFFOLDING
	  	Discuss with Risk Mgr	  	no	  	no
				
	 SHEETING, SHORING, UNDER PINNING
	  	Discuss with Risk Mgr	  	no	  	no
				
	 PILES, CAISSONS & FOUNDATION SYS
	  	Discuss with Risk Mgr	  	no	  	no
				
	 SURVEYS & LAYOUT
	  	Low	  	no	  	no
				
	 ASBESTOS, LEAD, HAZARDOUS MAT
	  	High	  	yes	  	no
				
	 CONCRETE
	  	Medium	  	no	  	no
				
	 MASONRY
	  	Medium	  	no	  	no
				
	 STRUCTURAL STEEL
	  	Medium	  	no	  	no
				
	 ROUGH CARPENTRY
	  	Low	  	no	  	no
				
	 ROOFING & ROOFING REPAIRS
	  	Medium	  	yes	  	no
				
	 WATERPROOFING
	  	Medium	  	yes	  	no
				
	 DOORS, FRAMES & HARDWARE
	  	Low	  	no	  	no
				
	 STOREFRONT GLASS & GLAZING
	  	Medium	  	no	  	no
				
	 WINDOW SYSTEMS
	  	High	  	yes	  	no
				
	 DRYWALL & ACT SYSTEMS
	  	Low	  	no	  	no
				
	 FLOORING
	  	Low	  	no	  	no
				
	 PAINT & WALLCOVERING
	  	Low	  	no	  	no
				
	 TOILET PARTITIONS
	  		  		  	
				
	 & COMPARTMENT
	  	Low	  	no	  	no
				
	 ARCHITECTURAL LOUVERS & GRILLE
	  	Low	  	no	  	no

  
 H-3 

							
	 SIGNAGE
	  	Low	  	no	  	no
	 MANUFACTURED CASEWORK
	  	Low	  	no	  	no
	 WINDOW TREATMENTS
	  	Low	  	no	  	no
	 AWNINGS & CANOPIES
	  	Low	  	no	  	no
	 MODULAR/ OFFICE FURNITURE
	  	Low	  	no	  	no
	 ELEVATOR SYSTEMS
	  	Medium	  	no	  	yes
	 WHEELCHAIR/CHAIR LIFT SYSTEMS
	  	Medium	  	no	  	no
	 PLUMBING SYSTEMS
	  	Medium	  	yes	  	yes
	 FIRE PROTECTION SYSTEMS
	  	Medium	  	no	  	yes
	 HVAC SYSTEMS
	  	Medium	  	yes	  	yes
	 MECHANICAL EQUIPMENT
	  	Medium	  	no	  	yes
	 ELECTRICAL & COMMNUNICATIONS SYSTEM
	  	Medium	  	no	  	yes
	 HIGH VOLTAGE ELECTRICAL
	  	High	  	no	  	no
	 FIRE ALARM SYSTEM
	  	Medium	  	no	  	no

 Note: 
 Applicable
Property in the Course of Construction (Builder’s Risk) insurance must be in place if any alterations GREATER THAN 5,000,000 IN CONSTRUCTION COSTS are being made to the Property in an amount not less then the full replacement cost value of such
improvements plus the existing structure. Contractors/Subcontractors are responsible for insuring their own materials, supplies, equipment and other property used on premises that will not become a permanent part of the property. 

All coverage or limit exceptions should be approved in writing by External Risk Manager (Eileen Hartzell / [***] / [***]. 

ANY PROJECTS OVER 5,000,000 CONSTRUCTION COSTS SHOULD HAVE A GENERAL CONTRACTOR INVOLVED OR ABOVE VALUES SHOULD BE INCREASED 

  
 H-4 

 SCHEDULE K 

FORM OF EXISTING MORTGAGEE SUBORDINATION, ATTORNMENT 

AND NON-DISTURBANCE AGREEMENT 

SUBORDINATION, ATTORNMENT AND NON-DISTURBANCE AGREEMENT 

THIS SUBORDINATION, ATTORNMENT AND NON-DISTURBANCE AGREEMENT
(“Agreement”) is entered into as of ________________, 2015 (the “Effective Date”) by and between NATIXIS REAL ESTATE CAPITAL LLC, a Delaware limited liability company (the
“Mortgagee”) and PELOTON INTERACTIVE, INC., a Delaware corporation (hereinafter, collectively the “Tenant”), with reference to the following facts: 

1. MAPLE WEST 25TH OWNER, LLC, a Delaware limited liability company, whose address is c/o Normandy Real Estate Partners, 53 Maple Avenue,
Morristown, New Jersey 07960 (the “Landlord”) owns fee simple title or a leasehold interest in the real property described in Exhibit “A” attached hereto (the “Property”). 

2. On or about February 6, 2015, Mortgagee made certain loans to Landlord in the aggregate maximum principal amount of Sixty-Two Million Fifty-Eight Thousand Two Hundred Fourteen and 88/100 Dollars ($62,058,214.88) (collectively, the “Loan”). 

3. To secure the Loan, Landlord encumbered the Property by entering into certain mortgages. 

4. Pursuant to the Lease effective ______________, 2015 (the “Lease”), Landlord demised to Tenant the following
property (the “Leased Premises”): the entire 10th, 11th and Penthouse floors of the building located at 125 West 25th
Street, New York, New York. 
 5. Tenant and Mortgagee desire to agree upon the relative priorities of their interests in the Property and
their rights and obligations if certain events occur. 
 NOW, THEREFORE, for good and sufficient consideration, Tenant and Mortgagee agree:

 1. Definitions. The following terms shall have the following meanings for purposes of this Agreement. 

(a) Foreclosure Event. A “Foreclosure Event” means: (i) foreclosure under the Mortgage; (ii) any other
exercise by Mortgagee of rights and remedies (whether under the Mortgage or under applicable law, including bankruptcy law) as holder of the Loan and/or the Mortgage, as a result of which a Successor Landlord becomes owner of the Property; or
(iii) delivery by Landlord to Mortgagee (or its designee or nominee) of a deed or other conveyance of Landlord’s interest in the Property in lieu of any of the foregoing. 

  
 K-1 

 (b) Former Landlord. A “Former Landlord” means Landlord and
any other party that was landlord under the Lease at any time before the occurrence of any attornment under this Agreement. 
 (c)
Offset Right. An “Offset Right” means any right or alleged right of Tenant to any offset, defense (other than one arising from actual payment and performance, which payment and performance would bind a Successor
Landlord pursuant to this Agreement), claim, counterclaim, reduction, deduction, or abatement against Tenant’s payment of Rent or performance of Tenant’s other obligations under the Lease, arising (whether under the Lease or under
applicable law) from Landlord’s breach or default under the Lease. 
 (d) Rent. The “Rent” means any
fixed rent, base rent or additional rent under the Lease. 
 (e) Successor Landlord. A “Successor Landlord”
means any party that becomes owner of the Property as the result of a Foreclosure Event. 
 (f) Other Capitalized Terms.
If the initial letter of any other term used in this Agreement is capitalized and no separate definition is contained in this Agreement, then such term shall have the same respective definition as set forth in the Lease. 

2. Subordination. The Lease shall be, and shall at all times remain, subject and subordinate to the terms of the Mortgage, the lien imposed by
the Mortgage, and all advances made under the Mortgage provided, however, that nothing contained in this Agreement shall be deemed to affect the obligations of Landlord, as landlord under the Lease. 

3. Nondisturbance, Recognition and Attornment. 

(a) No Exercise of Mortgage Remedies Against Tenant. So long as the Tenant is not in default under the Lease beyond any
applicable grace or cure periods (an “Event of Default”), Mortgagee shall not name or join Tenant as a defendant in any exercise of Mortgagee’s rights and remedies arising upon a default under the Mortgage unless
applicable law requires Tenant to be made a party thereto as a condition to proceeding against Landlord or prosecuting such rights and remedies. In the latter case, Mortgagee may join Tenant as a defendant in such action only for such purpose and
not to terminate the Lease or otherwise adversely affect Tenant’s rights under the Lease or this Agreement in such action. 
 (b)
Nondisturbance and Attornment. If an Event of Default by Tenant is not then continuing, then, when Successor Landlord takes title to the Property: (i) Successor Landlord shall not terminate or disturb Tenant’s possession of
the Leased Premises under the Lease, except in accordance with the terms of the Lease and this Agreement; (ii) Successor Landlord shall be bound to Tenant under all the terms and conditions of the Lease (except as provided in this Agreement);
(iii) Tenant shall recognize and attorn to Successor Landlord as Tenant’s direct landlord under the Lease as affected by this Agreement; and (iv) the Lease shall continue in full force and effect as a direct lease, in accordance with its
terms (except as provided in this Agreement), between Successor Landlord and Tenant. Tenant acknowledges notice of the Mortgage and assignment of rents, leases and profits from the Landlord to the Mortgagee. Tenant agrees to continue making payments
of rents and other amounts owed by Tenant under 

  
 K-2 

 the Lease to the Landlord and to otherwise recognize the rights of Landlord under the Lease until notified
otherwise in writing by the Mortgagee (as provided in the Mortgage), and after receipt of such notice the Tenant agrees thereafter to make all such payments to the Mortgagee, without any further inquiry on the part of the Tenant, and Landlord
consents to the foregoing. 
 (c) Further Documentation. The provisions of this Article 3 shall be effective and
self-operative without any need for Successor Landlord or Tenant to execute any further documents. Tenant and Successor Landlord shall, however, confirm the provisions of this Article 3 in writing upon request by either of them within ten
(10) days of such request. 
 4. Protection of Successor Landlord. Notwithstanding anything to the contrary in the Lease or the Mortgage,
Successor Landlord shall not be liable for or bound by any of the following matters: 
 (a) Claims Against Former Landlord. Any
Offset Right that Tenant may have against any Former Landlord relating to any event or occurrence before the date of attornment (except to the extent that such Offset Right is expressly set forth in the Lease and the Mortgagee or Successor Landlord
has received notice of the same and an opportunity to cure the event giving rise thereto in accordance with the Lease and Article 6 below), including any claim for damages of any kind whatsoever as the result of any breach by Former Landlord that
occurred before the date of attornment and provided that the foregoing shall not relieve Successor Landlord from and after the date of its succeeding as Landlord under such Lease of liability for any of its own acts or omissions which may also have
constituted acts or omissions of the prior Landlord to the extent such act or omission is of a continuing nature relating to ongoing maintenance and repair obligations under the Lease, and Successor Landlord has received notice and a reasonable
period of time to remedy the same. 
 (b) Prepayments. Any payment of Rent that Tenant may have made to Former Landlord more
than thirty (30) days before the date such Rent was first due and payable under the Lease with respect to any period after the date of attornment other than, and only to the extent that, the Lease expressly required such a prepayment. 

(c) Payment; Security Deposit. Any obligation: (i) to pay Tenant any sum(s) that any Former Landlord owed to Tenant unless
such sums, if any, shall have been delivered to Mortgagee by way of an assumption of escrow accounts or otherwise; (ii) with respect to any security deposited with Former Landlord, unless such security was actually delivered to Mortgagee;
(iii) to commence or complete any initial construction of improvements in the Leased Premises or any expansion or rehabilitation of existing improvements thereon, subject to Tenant’s Offset Rights in Section 4(a) above, provided that
Successor Landlord shall have no obligation to perform such construction; (iv) to reconstruct or repair improvements following a fire, casualty or condemnation, provided that Tenant shall be entitled to its remedies under Article 13 and Article
14 of the Lease for Successor Landlord’s failure to do so, except that Successor Landlord shall not be required to make any payment to Tenant for any unused credit against Rental, which may be owed due to the Expiration Date occurring prior to
the date that such credit is exhausted; or (v) to perform day-to-day maintenance and repairs; provided, however, that so long as no Event of Default is continuing,
Successor Landlord will perform the day to day maintenance and repair obligations of the Landlord under, and in accordance with, the terms of the Lease to the extent such obligations arise from and after the date that Successor Landlord becomes
owner of the Property and Tenant attorns to such Successor Landlord as described above. 

  
 K-3 

 (d) Modification, Amendment or Waiver. Any modification or amendment of the
Lease, or any waiver of the terms of the Lease, made without Mortgagee’s written consent, except to the extent such amendment is purely ministerial and entered into in connection with Tenant’s exercise of existing rights of renewal and
expansion set forth in the Lease. 
 (e) Surrender, Etc. Any consensual or negotiated surrender, cancellation, or termination
of the Lease, in whole or in part, agreed upon between Landlord and Tenant, unless effected unilaterally by Tenant pursuant to the express terms of the Lease. 

5. Exculpation of Successor Landlord. Notwithstanding anything to the contrary in this Agreement or the Lease, upon any attornment pursuant to
this Agreement, the Lease shall be deemed to have been automatically amended to provide that Successor Landlord’s obligations and liability under the Lease shall never extend beyond Successor Landlord’s (or its successors’ or
assigns’) interest, if any, in the Leased Premises from time to time, including insurance and condemnation proceeds, security deposits, escrows, Successor Landlord’s interest in the Lease, and the proceeds from any sale, lease or other
disposition of the Property (or any portion thereof) by Successor Landlord (collectively, the “Successor Landlord’s Interest”). Tenant shall look exclusively to Successor Landlord’s Interest (or that of its
successors and assigns) for payment or discharge of any obligations of Successor Landlord under the Lease as affected by this Agreement. If Tenant obtains any money judgment against Successor Landlord with respect to the Lease or the relationship
between Successor Landlord and Tenant, then Tenant shall look solely to Successor Landlord’s Interest (or that of its successors and assigns) to collect such judgment. Tenant shall not collect or attempt to collect any such judgment out of any
other assets of Successor Landlord. 
 6. Notice to Mortgagee and Right to Cure. Tenant shall notify Mortgagee of any default by
Landlord under the Lease that would give rise to a right by Tenant to terminate the Lease or abate rent under the Lease and agrees that, notwithstanding any provisions of the Lease to the contrary, no such abatement shall be effective until
Mortgagee has been given notice in accordance with Section 7(a) hereof, and no notice of cancellation thereof shall be effective unless Mortgagee shall have received notice of default giving rise to such cancellation and (i) in the case of
any such default that can be cured by the payment of money, until forty-five (45) days shall have elapsed following the giving of such notice or (ii) in the case of any other such default, until a reasonable period of time, not to exceed
one hundred and fifty (150) days, for remedying such default shall have elapsed following the giving of such notice and following the time when Mortgagee shall have become entitled under the Mortgage to remedy the same, including such time as
may be necessary to acquire possession of the Property if possession is necessary to effect such cure, provided Mortgagee, with reasonable diligence, shall (a) pursue such remedies as are available to it under the Mortgage so as to be able to
remedy the default, and (b) thereafter shall have commenced and continued to remedy such default or cause the same to be remedied. Notwithstanding the foregoing, Mortgagee shall have no obligation to cure any such default. 

  
 K-4 

	7.	 Miscellaneous. 

(a) Notices. Any notice or request given or demand made under this Agreement by one party to the other shall be in
writing, and may be given or be served by hand delivered personal service, or by depositing the same with a reliable overnight courier service or by deposit in the United States mail, postpaid, registered or certified mail, and addressed to the
party to be notified, with return receipt requested or by telefax transmission, with the original machine-generated transmit confirmation report as evidence of transmission. Notice deposited in the mail in the manner hereinabove described shall be
effective from and after the expiration of three (3) days after it is so deposited; however, delivery by overnight courier service shall be deemed effective on the next succeeding business day after it is so deposited and notice by personal
service or telefax transmission shall be deemed effective when delivered to its addressee or within two (2) hours after its transmission unless given after 3:00 p.m. on a business day, in which case it shall be deemed effective at 9:00 a.m. on
the next business day. For purposes of notice, the addresses and telefax number of the parties shall, until changed as herein provided, be as follows: 
  

			
	 If to the Mortgagee, at:
	  	 Natixis Real Estate Capital LLC
 1251 Avenue of
the Americas
 New York, New York 10020 
 Attn:
Real Estate Administration
 Telecopy No.: [***]

	
	 If to the Tenant, prior to the date Tenant first occupies the Premises for the conduct of its business,
at:

		
		  	 Peloton Interactive, Inc.
 158 West 27th Street, 4th Floor
 New York, New York 10001

Attn: General Counsel
 Telecopy No.: [***]

	
	 If to the Tenant, after the date Tenant first occupies the Premises for the conduct of its business,
at:

		
		  	 Peloton Interactive, Inc.
 125 West 25th Street
 New York, New York 10001

Attn: President
 Telecopy No.: [***]

	
	 In all cases with a copy to:

		  	 Mintz & Gold
 470 Park Avenue South

10th Floor North
 New York, New York 10016

Attention: Alan Katz, Esq.
 Telecopy No.: [***]

  
 K-5 

 (b) Successors and Assigns. This Agreement shall bind and benefit the
parties, their successors and assigns, any Successor Landlord, and its successors and assigns. If Mortgagee assigns the Mortgage, then upon delivery to Tenant of written notice thereof accompanied by the assignee’s written assumption of all
obligations under this Agreement, all liability of the assignor shall terminate. If Tenant consists of more than one person or entity, the representations, warranties, covenants and obligations of such persons and entities hereunder shall be joint
and several. A separate action may be brought or prosecuted against any such person or entity comprising Tenant, regardless of whether the action is brought or prosecuted against the other persons or entities comprising Tenant, or whether such
persons or entities are joined in the action. Mortgagee may compromise or settle with any one or more of the persons or entities comprising Tenant for such sums, if any, as it may see fit and may in its discretion release any one or more of such
persons or entities from any further liability to Mortgagee without impairing, affecting or releasing the right of Mortgagee to proceed against any one or more of the persons or entities not so released. 

(c) Entire Agreement. This Agreement constitutes the entire agreement between Mortgagee and Tenant regarding the
subordination of the Lease to the Mortgage and the rights and obligations of Tenant and Mortgagee as to the subject matter of this Agreement. 

(d) Interaction with Lease and with Mortgage. If this Agreement conflicts with the Lease, then this Agreement shall govern
as between the parties and any Successor Landlord, including upon any attornment pursuant to this Agreement. This Agreement supersedes, and constitutes full compliance with, any provisions in the Lease that provide for subordination of the Lease to,
or for delivery of nondisturbance agreements by the holder of, the Mortgage. 
 (e) Mortgagee’s Rights and
Obligations. Except as expressly provided for in this Agreement, Mortgagee shall have no obligations to Tenant with respect to the Lease. If an attornment occurs pursuant to this Agreement, then all rights and obligations of Mortgagee under
this Agreement shall terminate, without thereby affecting in any way the rights and obligations of Successor Landlord provided for in this Agreement. 

(f) Interpretation; Governing Law. The interpretation, validity and enforcement of this Agreement shall be governed by
and construed under the internal laws of the State in which the Leased Premises are located, excluding such State’s principles of conflict of laws. 

(g) Amendments. This Agreement may be amended, discharged or terminated, or any of its provisions waived, only by a
written instrument executed by the party to be charged. 
 (h) Due Authorization. Tenant represents to Mortgagee that it
has full authority to enter into this Agreement, which has been duly authorized by all necessary actions. Mortgagee represents to Tenant that it has full authority to enter into this Agreement, which has been duly authorized by all necessary
actions. 

  
 K-6 

 (i) Execution. This Agreement may be executed in any number of
counterparts, each of which shall be deemed an original and all of which together shall constitute one and the same instrument. 
 [THIS SPACE
INTENTIONALLY LEFT BLANK] 

  
 K-7 

 IN WITNESS WHEREOF, the Mortgagee and Tenant have caused this Agreement to be executed as of
the date first above written. 
  

							
	ATTEST:	  	 MORTGAGEE:
  

NATIXIS REAL ESTATE CAPITAL LLC,

	
		  	a Delaware limited liability company
			
	  
	  	By:	 	  

	Name:	  		 	Name:	  	  

	Title:	  		 	Title:	  	  

  

							
	  
	  	By:	  	  

	Name:	  		  	Name:	  	  

	Title:	  		  	Title:	  	  

 [SIGNATURES CONTINUE ON FOLLOWING PAGE] 

  
 K-8 

							
		 	TENANT:	  		  	
		
		 	PELOTON INTERACTIVE, INC.
		 	a Delaware corporation
			
	  
	 	By:	  	  

	Name:	 		  	Name:	  	  

	Title:	 		  	Title:	  	  

  
 K-9 

 LANDLORD’S CONSENT 

Landlord consents and agrees to the foregoing Agreement, which was entered into at Landlord’s request. The foregoing Agreement shall not
alter, waive or diminish any of Landlord’s obligations under the Mortgage or the Lease. The above Agreement discharges any obligations of Mortgagee under the Mortgage and related loan documents to enter into a nondisturbance agreement with
Tenant. Landlord is not a party to the above Agreement. 
  

							
		 	LANDLORD:
		
		 	MAPLE WEST 25th OWNER, LLC
			
		 	By:	 	  

		 		 	Name:	 	  

		 		 	Title:	 	  

 Dated:
                             

  
 K-10 

 MORTGAGEE’S ACKNOWLEDGMENT 

STATE OF NEW YORK 
 COUNTY OF NEW YORK 

On this, the __ day of ________, 20__, before me a Notary Public in and for the State of New York, the undersigned officer, personally
appeared _______________, who acknowledged himself/herself to be a Director of NATIXIS REAL ESTATE CAPITAL LLC, a Delaware limited liability company, and that he/she, being authorized to do so, executed the foregoing instrument for the purposes
therein contained by signing the name of the NATIXIS REAL ESTATE CAPITAL LLC by himself/herself as such officer. 
 I certify that I am not
an officer or director of the above-named bank, banking institution or trust company. [Strike if inapplicable] 
 In witness
whereof, I hereunto set my hand and official seal. 
  

			
		  	  

		  	                [SEAL]
		  	Notary Public
	My Commission Expires:                                 ,
20__	  	
		
	STATE OF NEW YORK	  	
		
	COUNTY OF NEW YORK	  	

 On this, the __ day of ________, 20__, before me a Notary Public in and for the State of New York, the
undersigned officer, personally appeared _______________, who acknowledged himself/herself to be a Director of NATIXIS REAL ESTATE CAPITAL LLC, a Delaware limited liability company, and that he/she, being authorized to do so, executed the foregoing
instrument for the purposes therein contained by signing the name of the NATIXIS REAL ESTATE CAPITAL LLC by himself/herself as such officer. 

I certify that I am not an officer or director of the above-named bank, banking institution or trust company. [Strike if
inapplicable] 
 In witness whereof, I hereunto set my hand and official seal. 

 

			
		  	  

		  	                [SEAL]
		  	Notary Public
		
	My Commission Expires:                             , 20__	  	
		  	

  
  

  
 K-11 

 TENANT’S ACKNOWLEDGMENT 

 

					
		  		  	
	STATE OF                                    
     	  	:	  	
		  	: SS	  	
	COUNTY OF                                    
 	  	:	  	

 On this, the __ day of _______________, _______, before me a Notary Public in and for the State of
________________, the undersigned officer, personally appeared ______________________________________ , who acknowledged that he/she is the ______________________________ of __________________________________________, a ______________________, and
that he/she as such officer, being authorized to do so, executed the foregoing instrument for the purposes therein contained by signing the name of the corporation by himself/herself as such officer. 

In witness whereof, I hereunto set my hand and official seal. 
  

					
		  	  
	  	
		  	            [SEAL]	  	        
		  	Notary Public	  	
	My Commission Expires:                 	  		  	
	            , 20        	  		  	

  
 K-12 

 LIST OF EXHIBITS 

If any exhibit is not attached hereto at the time of execution of this Agreement, it may thereafter be attached by written agreement of the
parties, evidenced by initialing said exhibit. 
 Exhibit “A” - Legal Description of the Land 

  
 K-13 

 SCHEDULE L 

INTENTIONALLY OMITTED 

  
 L-1 

 SCHEDULE M 

WORK AGREEMENT 
 Landlord and Tenant
hereby covenant and agree as follows: 
 ARTICLE I 

LANDLORD’S INITIAL ALTERATIONS 

A. Landlord, at its cost and expense, shall furnish, install and perform in the Premises, all of the work (“Landlord’s Initial
Alterations Work”) shown on the Final Plans (as hereinafter defined), including, without limitation, arranging for the expediter and third party inspector, except that Landlord shall not be required to expend any sums in excess of
Landlord’s Maximum Contribution (as hereinafter defined) to the cost and expense of such work, it being agreed that all such costs and expenses in excess of Landlord’s Maximum Contribution shall be paid by Tenant as set forth in this Work
Agreement. 
 B. Landlord shall engage Mancini Duffy (the “Architect”) and Edwards & Zuck (the “MEP
Engineer”), to prepare the plans and specifications for Landlord’s Initial Alterations Work in accordance with the terms and conditions of Article 6 of this Lease (collectively, the “Final Plans”) at
Tenant’s direction, and at Landlord’s cost and expense (subject to Landlord’s Maximum Contribution). Tenant shall cause the Architect (and the MEP Engineer, as applicable) to deliver to Landlord for review in accordance with
Article 6 of this Lease, (i) preliminary architectural space plans which shall be complete on or prior to November 15, 2015 (“Preliminary Plans”) and (ii) a complete set of construction drawings (i.e.,
proposed Final Plans) on or prior to December 31, 2015 (it being agreed that Landlord shall use commercially reasonable efforts to assist in the coordination and planning of Landlord’s Initial Alterations Work as set forth in this Work
Agreement). If Landlord shall request any revisions to the Preliminary Plans or additional information to facilitate Landlord’s review thereof, Tenant shall cooperate with Landlord and cause the Architect (and the MEP Engineer, as applicable)
to reflect such revisions in the proposed Final Plans and to deliver such information. From and after December 31, 2015, if Landlord shall request any revisions to the proposed Final Plans or additional information to facilitate Landlord’s
review thereof, Tenant shall cause the Architect (and the MEP Engineer, as applicable) to perform such revisions or deliver such information, as applicable, in each case, within five (5) Business Days after written request. If (w) Tenant
shall fail to submit the Preliminary Plans to Landlord by November 15, 2015, or (x) Tenant shall fail to submit the proposed Final Plans to Landlord by December 31, 2015, or (y) more than one (1) set of revisions shall be
required to the proposed Final Plans, or (z) or any re-submission of the proposed Final Plans or information required in connection with Landlord’s review of the proposed Final Plans shall not be
submitted by Tenant within five (5) Business Days after the later of (I) December 31, 2015 and (II) the date of Landlord’s written request, then any such delay set forth in clauses (w) through (z)
may in accordance with Article 1 of this Lease constitute a Tenant Delay hereunder. 

  
 M-1 

 C. After Landlord shall have approved the Final Plans for Landlord’s Initial
Alterations Work in accordance with Article 6 of this Lease and this Schedule M, (i) Landlord shall engage Archstone Builders LLC (the “General Contractor”) as the general contractor in 

connection with the performance of Landlord’s Initial Alterations and (ii) Landlord shall solicit (or shall cause the General Contractor to solicit)
with input from Tenant provided that Tenant shall make its representative reasonably available for such purpose, a minimum of three (3) bids for each trade estimated by Landlord to cost in excess of Twenty-five Thousand and 00/100 Dollars
($25,000.00), except that in the case of the following trades, Landlord will solicit at least five (5) bids: electrical, mechanical, dry wall and ceilings, and sprinklers. Landlord shall keep Tenant apprised regarding the status of the bid
process (which shall be an open book process) and Landlord shall instruct each bidder to submit its bid by email to Landlord and Tenant simultaneously. Landlord and Tenant shall “level” the bids together, provided that Tenant shall make
its representative reasonably available for such purpose. Within a reasonable period of time after the bids for Landlord’s Initial Alterations Work have been received, the Landlord shall compile and propose a lump sum fixed price (the
“Lump Sum Fixed Price”) to perform Landlord’s Initial Alterations Work, guaranteeing the cost of the Landlord’s Initial Alterations Work, and Landlord shall notify Tenant thereof (the “Bid Result Notice”).
In calculating the Lump Sum Fixed Price, the Landlord shall take into account (i) the lowest responsible bids received by Landlord (or its construction manager or the General Contractor) for each trade, which can meet the schedule for
completion on a non-premium time basis, plus (ii) the General Contractor’s best estimate for trade items and miscellaneous items not yet bid plus reasonable allowances for work items which are
required but not quantifiable, plus (iii) any other construction costs that are not included in clauses (i) and (ii) such as costs of construction material, construction equipment, construction labor, permits allowance, final cleaning,
temporary protection, plus (iv) all design and construction related Soft Costs, including, without limitation, architectural and engineering fees (but excluding the review of Tenant’s drawings by Landlord’s architect and engineer),
permitting and filing fees, expediter fees, code consultant fees and special inspection fees (collectively, “Design and Construction Soft Costs”), (v) a contingency in an amount equal to three percent (3%) of the aggregate costs set
forth in clauses (i), (ii), (iii) and (iv) above, plus (vi) an amount equal to ten percent (10%) of the aggregate costs set forth in clauses (i) through (v) above (but excluding (iv)), which amount shall constitute the cost of the
General Contractor’s overhead, including but not limited to, project executive, project manager, project engineer, field superintendent, administrative, accounting, insurance (which constitutes 2% of the 10% overhead, and is calculated on the
total project cost), reproduction cost, courier expenses, safety program, cell phones, clean up labor, dumpsters, the cost of using the outside hoist during the construction of Landlord’s Initial Alterations Work and any and all customary
overhead costs, plus (vii) a construction management fee in an amount equal to four percent (4%) of the aggregate of the amounts set forth in clauses (i) through (vi) herein (but excluding (iv)), plus (viii) a Landlord project
management fee equal to four percent (4%) of hard costs and soft costs, provided that in no event shall such Landlord project management fee exceed a sum equal to $40,000.00. The Lump Sum Fixed Price delivered by Landlord to Tenant shall include
reasonable detail of the manner in which the Landlord calculated the Fixed Lump Sum Price based on clauses (i) through (viii) above; any unused contingency fee per clause (v) above shall accrue to Tenant’s benefit. In connection with
the use of contingency fee pursuant to clause (v) above, Landlord shall provide Tenant with documentation and information reasonably requested by Tenant (a) to evaluate and verify any such costs; (b) to demonstrate that such costs are
reasonably necessary to complete the Landlord’s Initial Alterations Work; and (c) to demonstrate that such costs are a legitimate charge against the contingency pursuant to the requirements of Landlord’s agreement with the General
Contractor. 

  
 M-2 

 D. Notwithstanding anything contained herein to the contrary, Landlord’s costs and
expenses incurred with respect to Landlord’s Initial Alterations Work, any Additional Work (as hereinafter defined), and the payment of any Soft Costs (as hereinafter defined) (collectively, the “Sum of Landlord’s Costs”)
shall not exceed the amount of Landlord’s Maximum Contribution. Tenant shall pay all costs and expenses in excess of Landlord’s Maximum Contribution in accordance with Article II of this Work Agreement. 

ARTICLE II 
 EXCESS
COSTS; ADDITIONAL WORK 
 A. Within three (3) Business Days after Tenant’s receipt of the Bid Result Notice, Tenant shall pay
to Landlord, prior to the commencement of Landlord’s Initial Alterations Work, the amount by which the Fixed Lump Sum Price exceeds Landlord’s Maximum Contribution (the “Excess Work Cost”), it being agreed that such
payment shall be reconciled by Landlord and Tenant upon the completion of Landlord’s Initial Alterations Work and any Additional Work to be performed in accordance with this Schedule M. If Tenant fails to pay the Excess Work Cost within
three (3) Business Days after Tenant’s receipt of the Bid Result Notice (with time being of the essence), such delay shall constitute a Tenant Delay hereunder. 

B. If, subsequent to the approval of the Final Plans, Tenant shall request Landlord to perform additional work in the Premises (exclusive of
Landlord’s Base Building Work), or if Tenant shall request to substitute work or materials for those items reflected in the approved Final Plans and Fixed Lump Sum Price (any such requested additional work or changes, “Additional
Work”), then Landlord shall cause the General Contractor to estimate reasonably the cost of such Additional Work (including without limitation, any architectural and engineering fees and any cost of permits, filing fees and
Landlord’s expediter, plus all such fees as set forth in Section I.C of this Work Agreement in connection with such Additional Work) (collectively, “Construction Change Fees”)) and advise Tenant of such estimate
(the “Post-Bid Estimate”). Tenant shall either promptly approve or withdraw its request for all or part of the Additional Work so estimated. If Tenant fails to approve or withdraw any request
for Additional Work within three (3) Business Days after Tenant’s receipt of a Post-Bid Estimate, Tenant shall be deemed to have disapproved such Additional Work and the Post-Bid Estimate therefor, Landlord shall have no responsibility to cause such Additional Work to be performed. If Tenant approves any Additional Work after receipt of a
Post-Bid Estimate therefor, Tenant shall pay to Landlord, prior to the commencement of the applicable Additional Work, the amount by which the Post-Bid Estimate exceeds
(or further exceeds) Landlord’s Maximum Contribution (the “Excess Additional Work Cost”), it being agreed that such payment shall be reconciled by Landlord and Tenant upon the completion of Landlord’s Initial Alterations
Work and all Additional Work to be performed in accordance with this Schedule M. If Tenant fails to pay the Excess Additional Work Cost simultaneously with its approval of the applicable Additional Work (i.e., within three (3) Business
Days after Tenant’s receipt of the Post-Bid Estimate therefor, with time being of the essence), such delay shall constitute a Tenant Delay hereunder. 

C. If, in Landlord’s commercially reasonable judgment, any items of Landlord’s Initial Alterations Work or Additional Work shall
involve ordering of materials or products which must be specially fabricated to order and thus will prevent Landlord’s Substantial Completion of Landlord’s Initial Alterations Work by August 30, 2016, then Landlord may 

  
 M-3 

 require Tenant to agree that, so long as Landlord’s Base Building Work is substantially completed by
such later date as is reasonably determined by Landlord, written notice of which date is provided to Tenant within a reasonable time after such materials or products are ordered, the Commencement Date shall be August 30, 2016 as a condition to
Landlord’s approval of such items of Landlord’s Initial Alterations Work or Additional Work. 
 D. Landlord shall, or shall cause
its General Contractor to, send to Tenant for its information only a copy of all requisitions for payment submitted by the General Contractor to Landlord. 

ARTICLE III 

TENANT’S AUTHORIZED AGENT(S) 

The Architect shall be deemed an agent of Tenant duly authorized to bind and act for Tenant in all respects. 

ARTICLE IV 
 TENANT
DELAY; ADVANCEMENT OF COMMENCEMENT DATE 
 To the extent there is a Tenant Delay, then the Commencement Date shall be deemed to
have occurred with respect to the Premises (and Landlord’s Initial Alterations Work and Landlord’s Base Building Work shall be deemed to have been Substantially Completed therein) on the date the Premises would have been available for
delivery to Tenant with such work Substantially Completed but for the duration of such Tenant Delay, even if work to be done by Landlord has not been commenced or completed. 

ARTICLE V 
 TENANT’S
INSTALLATIONS 
 Upon Tenant’s reasonable advance request therefor, which request may be made verbally to Landlord’s property
management team, Tenant shall be permitted to enter the Premises prior to the Commencement Date from time to time solely for purposes of conducting customary pre-Commencement Date activities, such as taking or
preparation of measurements, surveys, elevations, sketches and layouts; it being understood, however, that (i) Tenant shall not have the right to enter the Premises as aforesaid unless Tenant is accompanied by a designated representative of
Landlord at all times during such entry (it being agreed that Landlord shall use commercially reasonable efforts to provide a designated representative to accompany Tenant as contemplated herein), and (ii) during any period in which Tenant is
in the Premises, (x) Tenant shall comply with all terms and conditions of the Lease (and the same shall be deemed to apply during such period), including, without limitation, Article 12 thereof, other than the obligation to pay Fixed
Rent and Escalation Rent, (y) Tenant shall not interfere with the operation of the Building or interfere with or delay Landlord’s performance of and completion of Landlord’s Work, and (z) Landlord shall have no liability to
Tenant for any damage to Tenant’s materials left at the Premises during the performance of Landlord’s Work. In addition, on or prior to July 1, 2016 (such date, subject to extension by up to one week due to construction scheduling and
subject to further extension on a day-for-day basis by Tenant Delay and Unavoidable Delay, the “Early Access Date”), Landlord shall provide Tenant with
access to the Premises (“Early Access”) for the purposes of performing any installations or other work, including, without limitation, any installation of furniture and data and telecommunications wiring and cabling, which are not
to be performed by Landlord for Tenant hereunder (collectively, “Tenant’s Installations”), provided that the following terms and conditions shall apply to such Early Access: 

  
 M-4 

 A. Tenant’s right to Early Access to perform Tenant’s Installations shall be
subject to the conditions that (i) such Tenant’s Installations shall not require any structural changes to the Premises or the Building (or, if a structural change is required, Landlord shall have consented thereto in accordance with
Article 6 of this Lease); (ii) Landlord’s Base Building Work, Landlord’s Initial Alterations Work and any Additional Work required to be made and performed by Landlord in the Premises shall have reached a point with respect to
which, in Landlord’s sole judgment, the performance of Tenant’s Installations can then be performed or made safely without delaying or hampering Landlord in the completion of such work; (iii) such Early Access shall be subject to
Tenant’s coordination with Landlord’s construction schedule and compliance with the terms and conditions of the Lease to which this Work Agreement is annexed, including without limitation, Articles 6, 12 and 33 thereof. 

B. Prior to the Commencement Date, any Early Access by Tenant in or on the Premises shall be at Tenant’s sole risk. Tenant’s
Installations shall be completed free of all liens and encumbrances. Tenant’s Installations shall include, without limitation, access by Tenant’s telephone, cable and other information technology contractors, subject to Article 12
and Article 33 of the Lease to which this Work Agreement is annexed. 
 C. In the event Tenant or any agent or contractor of Tenant
shall enter upon the Premises or any other part of the Building, then, except to the extent caused by the negligence or willful misconduct of Landlord or Landlord’s agents, employees, contractors or representatives, Tenant agrees to indemnify
and save Landlord free and harmless from and against any and all claims whatsoever arising out of said entry or any work performed by such contractor. Tenant’s agents, contractors and their employees shall comply with the special rules,
regulations and requirements of Building management for the performance of work and coordination of said agents, contractors and their employees so as to minimize the intrusion into the operation of the Building and the business operation of other
tenants. 
 D. For the avoidance of doubt, Landlord shall have no obligation to furnish any furniture, furnishings or other personal property
or telecommunications or audiovisual equipment to the Premises. 
 ARTICLE VI 

PAYMENT OF FFE COSTS 

Provided that no Event of Default is then continuing, Landlord shall pay for “FFE” costs for Tenant’s furniture installation
and voice and data cabling (collectively, “FFE Costs”), provided that Landlord shall not be obligated to fund more than twenty-five percent (25%) of Landlord’s Maximum Contribution for the sum total of the Design and
Construction Soft Costs and FFE Costs (collectively, “Soft Costs”), and provided further, for the avoidance of doubt, that in no event shall Landlord be obligated to fund any payment for Soft Costs which would cause 

  
 M-5 

 the Sum of Landlord’s Costs to exceed Landlord’s Maximum Contribution. Landlord shall pay for such
FFE Costs by paying the suppliers and/or consultants designated by Tenant or by reimbursing Tenant, at Tenant’s option, for such FFE Costs, from time to time, but no more frequently than in monthly installments, within thirty (30) days
after, with respect to each such installment, Landlord receives a written signed statement or request from an authorized officer of Tenant outlining in detail the amount of the Soft Costs already paid by Landlord and the amount then being requested
in such installment, along with a certified statement by Tenant that the amount claimed is for reimbursement to the listed parties and accompanied by proper invoices which are due and payable. Each such requisition for payment of such an installment
must be made by Tenant and received by Landlord (along with all required documentation and information set forth in this Article VI) no later than two (2) years after the Commencement Date. Notwithstanding anything to the contrary
contained in this Article VI, if, at the time any installment of the Soft Costs is required to be made, Tenant is in default in the payment of Fixed Rent or Additional Rent after the expiration of applicable notice and grace periods, then
Landlord may offset the amount of such arrearages against the installment due from Landlord under this Article VI. 
 ARTICLE VII

 UNUSED PORTION OF LANDLORD’S MAXIMUM CONTRIBUTION 

Provided that no Event of Default is then continuing, if, after the completion of all of Landlord’s Initial Alterations Work and
Additional Work and the payment of all costs of such work and the payment of all Soft Costs, the amount of the Sum of Landlord’s Costs is less than the amount of Landlord’s Maximum Contribution, Tenant shall have the right to apply the
lesser of (x) the amount by which Landlord’s Maximum Contribution exceeds the Sum of Landlord’s Costs and (y) $176,857.08, as a credit against installments of Fixed Rent and/or Additional Rent, upon sixty (60) days’ prior
written notice to Landlord. Except as set forth in this Article VII, Tenant shall not be entitled to any payment or credit for any amounts by which Landlord’s Maximum Contribution exceeds the Sum of Landlord’s Costs. 

ARTICLE VII 
 DEFINED
TERMS 
 Any capitalized term used in this Work Agreement but not defined shall have the meaning that is ascribed to such term in the
Lease to which this Work Agreement is attached. 

  
 M-6 

 SCHEDULE N 

DEPICTION OF THE TELECOMMUNICATIONS CLOSETS 

(See attached) 

  
 N-1 

 

 
  

 SCHEDULE O-1 

DEPICTION OF THE SOUTH TERRACE 

(See attached) 

  
 O-1 

 

 
  

 SCHEDULE O-2 

DEPICTION OF THE NORTH TERRACE 

(See attached) 

  
 O-2 

 

 
  

 SCHEDULE P 

INSTRUMENTS OF RECORD 
  

	1.	 Instrument dated December 1, 1894 and recorded December 31, 1984 in Liber 321 page 227 in the
official records of the County of New York, State of New York. 

  

	2.	 Sidewalk Notice filed September 3, 1997 under number 66510. 

 

	3.	 Consolidated, Amended and Restated Term Loan Mortgage, Assignment of Leases and Rents and Security Agreement,
dated February 6, 2015, and recorded February 24, 2015 in the City Register of the County of New York, State of New York at CRFN No. 2015000062746. 

 

	4.	 Building Loan Mortgage, Assignment of Leases and Rents and Security Agreement, dated February 6, 2015, and
recorded February 24, 2015 in the City Register of the County of New York, State of New York at CRFN No. 2015000062748. 

  

	5.	 Project Loan Mortgage, Assignment of Leases and Rents and Security Agreement, dated February 6, 2015, and
recorded February 24, 2015 in the City Register of the County of New York, State of New York at CRFN No. 2015000062750. 

  

	6.	 Assignment of Leases and Rents dated February 6, 2015, and recorded February 24, 2015 in the City
Register of the County of New York, State of New York at CRFN No. 2015000062747. 

  

	7.	 Assignment of Leases and Rents dated February 6, 2015, and recorded February 24, 2015 in the City
Register of the County of New York, State of New York at CRFN No. 2015000062749. 

  

	8.	 Assignment of Leases and Rents dated February 6, 2015, and recorded February 24, 2015 in the City
Register of the County of New York, State of New York at CRFN No. 2015000062751. 

  

	9.	 UCC-1 Financing Statement recorded February 24, 2015 in the City
Register of the County of New York, State of New York at CRFN No. 2015000062752. 

  

	10.	 UCC-1 Financing Statement recorded February 24, 2015 in the City
Register of the County of New York, State of New York at CRFN No. 2015000062753. 

  

	11.	 UCC-1 Financing Statement recorded February 24, 2015 in the City
Register of the County of New York, State of New York at CRFN No. 2015000062754. 

  

	12.	 Deed from W25 LLC to Maple West 25th Owner LLC dated
July 15, 2013 and recorded August 30, 2013 in the City Register of the County of New York, State of New York at CRFN No. 2013000350345. 

  
 P-1 

 SCHEDULE Q 

INTENTIONALLY OMITTED 

  
 Q-1 

 SCHEDULE R 

LIST OF PLANS AND SPECIFICATIONS FOR LANDLORD’S BASE BUILDING WORK 

(See attached) 

  
 R-1 

 

 
 125 W 25th Street Drawings List 

Latest Revision: 3/30/2015 
 ARCHITECTURAL 

 

			
		  	COVER SHEET
	A-001	  	DRAWING INDEX
	A-002	  	GENERAL NOTES, LEGENDS & ABBREVIATIONS
	A-003	  	LEGENDS & NOTES
	A-004	  	LEGENDS & NOTES
	A-005	  	FIRE STOPPING AND NOTES
	A-006	  	FIRE STOPPING AND NOTES CONT
	A-007	  	FIRE STOPPING AND NOTES CONT
	A-008	  	FIRE STOPPING AND NOTES CONT
	A-009	  	FIRE STOPPING AND NOTES CONT
	A-010	  	EGRESS PLAN CELLAR
	A-011	  	EGRESS PLAN GROUND FLOOR
	A-012	  	EGRESS PLAN FLOORS 2-6, 8-10
	A-013	  	EGRESS PLAN FLOOR 11
	A-014	  	EGRESS PLAN PENTHOUSE
	A-016	  	FEMA MAP
	A-017	  	FEMA MAP
		
	DM-100	  	CELLAR DEMOLITION PLAN
	DM-101	  	GROUND FLOOR DEMOLITION PLAN
	DM-102	  	2ND FLOOR DEMOLITION PLAN
	DM-103	  	3RD FLOOR DEMOLITION PLAN
	DM-104	  	4TH FLOOR DEMOLITION PLAN
	DM-105	  	5TH FLOOR DEMOLITION PLAN
	DM-106	  	6TH FLOOR DEMOLITION PLAN
	DM-107	  	7TH FLOOR DEMOLITION PLAN
	DM-108	  	8TH FLOOR DEMOLITION PLAN
	DM-109	  	9TH FLOOR DEMOLITION PLAN
	DM-110	  	10TH FLOOR DEMOLITION PLAN
	DM-111	  	11TH FLOOR DEMOLITION PLAN
	DM-112	  	PENTHOUSE DEMOLITION PLAN
		
	A-114	  	CELLAR SLAB PENETRATION PLAN

 

 
  

			
	A-115	  	GROUND FLOOR SLAB PENETRATION PLAN
	A-116	  	2ND FLOOR SLAB PENETRATION PLAN
	A-117	  	TYPICAL FLOOR SLAB PENETRATION PLAN
	A-118	  	11TH FLOOR SLAB PENETRATION PLAN
	A-119	  	PENTHOUSE SLAB PENETRATION PLAN
	A-120	  	CELLAR CONSTRUCTION PLAN
	A-121	  	GROUND FLOOR CONSTRUCTION PLAN
	A-122	  	2ND FLOOR CONSTRUCTION PLAN
	A-123	  	3RD FLOOR CONSTRUCTION PLAN
	A-124	  	4TH FLOOR CONSTRUCTION PLAN
	A-125	  	5TH FLOOR CONSTRUCTION PLAN
	A-126	  	6TH FLOOR CONSTRUCTION PLAN
	A-127	  	7TH FLOOR CONSTRUCTION PLAN
	A-128	  	8TH FLOOR CONSTRUCTION PLAN
	A-129	  	9TH FLOOR CONSTRUCTION PLAN
	A-130	  	10TH FLOOR CONSTRUCTION PLAN
	A-131	  	11TH FLOOR CONSTRUCTION PLAN
	A-132	  	PENTHOUSE FLOOR CONSTRUCTION PLAN
	A-132.1	  	ROOF CONSTRUCTION PLAN
	A-133	  	BULKHEAD CONSTRUCTION PLAN
	A-134	  	CELLAR REFLECTED CEILING PLAN
	A-135	  	GROUND FLOOR REFLECTED CEILING PLAN
	A-136	  	2ND FLOOR REFLECTED CEILING PLAN
	A-137	  	3RD—10TH FLOOR REFLECTED CEILING PLAN
	A-138	  	11TH FLOOR REFLECTED CEILING PLAN
	A-139	  	PENTHOUSE REFLECTED CEILING PLAN
		
	A-201	  	SOUTH FACADE DEMOLITION ELEVATION
	A-202	  	NORTH FACADE DEMOLITION ELEVATION
	A-203	  	EAST FACADE DEMOLITION ELEVATION
	A-204	  	WEST FACADE DEMOLITION ELEVATION
	A-205	  	SOUTH FACADE CONSTRUCTION ELEVATION
	A-206	  	NORTH FACADE CONSTRUCTION ELEVATION
	A-207	  	EAST FACADE CONSTRUCTION ELEVATION
	A-208	  	WEST FACADE CONSTRUCTION ELEVATION
		
	A-301	  	CONSTRUCTION SECTIONS N-S
	A-302	  	CONSTRUCTION SECTIONS E-W
	A-303	  	CELLAR SECTIONS
	A-307	  	EAST FACADE WALL SECTIONS

 

 
  

			
	A-308	  	EAST FACADE WALL SECTIONS II
	A-309	  	EAST AND WEST WALL SECTIONS III
	A-310	  	NORTH FACADE WALL SECTIONS
	A-311	  	NORTH FACADE WALL SECTIONS II
	A-312	  	NORTH FACADE WALL SECTIONS III
	A-313	  	WEST FACADE WALL SECTIONS
	A-315	  	SOUTH FACADE WALL SECTIONS
	A-316	  	SOUTH FACADE DEMO WALL SECTIONS II
	A-317	  	SOUTH FACADE WALL SECTIONS II
	A-318	  	SOUTH FACADE DEMO WALL SECTIONS III
	A-319	  	SOUTH FACADE WALL SECTIONS III
	A-320	  	SOUTH FACADE WALL SECTIONS IV
		
	A-401	  	ENLARGED RESTROOM PLAN, ELEVATIONS AND DETAILS
	A-402	  	ENLARGED RESTROOM PLAN, ELEVATIONS AND DETAILS CONT.
	A-403	  	ENLARGED ELEVATOR LOBBY, PLAN AND ELEVATIONS
	A-404	  	LOBBY ENLARGED PLANS
	A-405	  	LOBBY RCP AND ELEVATIONS
	A-406	  	LOBBY ELEVATIONS II
	A-407	  	ELEVATOR CAB DETAILS
	A-409	  	ELEVATOR SHAFT SECTIONS
	A-410	  	PASSENGERS ELEVATORS PLAN
	A-411	  	SERVICE ELEVATORS PLAN
	A-412	  	ENLARGED STAIR PLANS
	A-413	  	ENLARGED STAIR PLANS
	A-414	  	STAIR SECTIONS AND DETAILS
	A-415	  	STAIR SECTIONS AND DETAILS
	A-416	  	STAIR SIGNAGE NOTES AND DETAILS
		
	A-501	  	ENLARGED ELEVATIONS AND DETAILS
	A-502	  	ENLARGED ELEVATIONS AND DETAILS
	A-503	  	ENLARGED ELEVATIONS AND DETAILS
	A-504	  	ENLARGED ELEVATIONS AND DETAILS
	A-505	  	LOBBY CEILING AND FLOOR TRANSITION DETAILS
	A-506	  	LOBBY GLASS PANEL DETAILS
	A-507	  	LOBBY GLASS PANEL DETAILS II

 

 
  

			
	A-508	  	LOBBY RECEPTION DESK
	A-509	  	MILLWORK DETAILS
	A-510	  	PENTHOUSE ENLARGED ELEVATIONS N-S
	A-511	  	PENTHOUSE ENLARGED ELEVATIONS E-W
	A-513	  	PENTHOUSE WALL SECTIONS
	A-514	  	PENTHOUSE WALL SECTION II
	A-515	  	PENTHOUSE SECTION AND DETAILS III
	A-516	  	BULKHEAD AND MECHANICAL WALL SECTIONS
	A-518	  	ROOF DETAILS
	A-519	  	ROOF DETAILS II
	A-520	  	FACADE DETAILS
	A-521	  	FACADE DETAILS II
	A-522	  	FACADE DETAILS III
	A-523	  	FACADE DETAILS IV
	A-524	  	FACADE DETAILS V
	A-525	  	FACADE DETAILS VI
	A-526	  	DETAILS
	A-530	  	AWNING DETAILS
	A-531	  	AWNING DETAILS II
	A-532	  	AWNING DETAILS III
	A-533	  	AWNING DETAILS IV
		
	A-601	  	DOOR SCHEDULE
	A-602	  	DOOR TYPES AND DETAILS
	A-603	  	REVOLVING DOOR DETAILS
	A-604	  	REVOLVING DOOR DETAILS II
	A-605	  	FINISH SCHEDULE
	A-606	  	EQUIPMENT SCHEDULE
	A-607	  	WINDOW SCHEDULE AND DETAILS
	A-608	  	LIGHTING FIXTURE SCHEDULE
		
	A-701	  	PARTITION TYPES
	A-702	  	PARTITION TYPES II
		
	A-900	  	SIGNAGE DETAILS
	A-901	  	SIGNAGE PLAN CELLAR
	A-902	  	SIGNAGE PLAN GROUND FLOOR
	A-903	  	SIGNAGE PLAN UPPER LEVELS
	A-904	  	SIGNAGE PLAN PENTHOUSE

 

 
  

			
	Z-101	  	EXISTING ZONING CONDITIONS
	Z-102	  	EXISTING ZONING CONDITIONS II
	Z-103	  	PROPOSED ZONING CONDITIONS
	Z-104	  	PROPOSED ZONING CONDITIONS II
	Z-105	  	ZONING AND FACADE STUDY

 

 
 ENGINEERING 
 STRUCTURAL 

 

			
	FO-100	  	FOUNDATION AND CELLAR PLAN AND FRAMING
		  	PLAN @ ELEVATOR PITS
	FO-200	  	FOUNDATION DETAILS
	FO-201	  	FOUNDATION SECTIONS
		
	S-100	  	1ST FLOOR FRAMING PLAN
	S-101	  	2ND FLOOR FRAMING PLAN
	S-102	  	3RD FLOOR FRAMING PLAN
	S-103	  	PART, 4TH, 5TH-8TH & 9TH-11TH FLOOR FRAMING PLAN
	S-104	  	EXIST ROOF FRAMING PLAN
	S-105	  	PENTHOUSE FRAMING PLAN
	S-106	  	ROOF AND BULKHEAD FRAMING PLAN AND DUNNAGE FRAMING PLANS
		
	S-200	  	TYPICAL STEEL DETAILS
	S-201	  	TYPICAL MASONRY DETAILS
	S-202	  	TYPICAL CONCRETE DETAILS
	S-203	  	SHEAR WALL PLANS
	S-204	  	SECTIONS AND DETAILS
	S-205	  	SECTIONS AND DETAILS
	S-300	  	GENERAL NOTES

 MECHANICAL 
  

			
	M-101	  	MECHANICAL SYMBOLS NOTES AND
		  	ABBREVIATIONS
		
	M-300	  	MECHANICAL PLAN CELLAR
	M-301	  	MECHANICAL PLAN GROUND FLOOR
	M-302	  	MECHANICAL PLAN FLOOR 2
	M-303	  	MECHANICAL PLAN FLOOR 3
	M-304	  	MECHANICAL PLAN FLOOR 4
	M-305	  	MECHANICAL PLAN FLOOR 5
	M-306	  	MECHANICAL PLAN FLOOR 6

 

 
  

			
	M-307	  	MECHANICAL PLAN FLOOR 7
	M-308	  	MECHANICAL PLAN FLOOR 8
	M-309	  	MECHANICAL PLAN FLOOR 9
	M-310	  	MECHANICAL PLAN FLOOR 10
	M-311	  	MECHANICAL PLAN FLOOR 11
	M-312	  	MECHANICAL PLAN PENTHOUSE
	M-313	  	MECHANICAL ROOF PLAN
	M-314	  	MECHANICAL BULKHEAD PLAN
		
	M-401	  	MECHANICAL DETAILS (1 OF 4)
	M-402	  	MECHANICAL DETAILS (2 OF 4)
	M-403	  	MECHANICAL DETAILS (3 OF 4)
	M-404	  	MECHANICAL DETAILS (4 OF 4)
		
	M-501	  	MECHANICAL WATER RISER DIAGRAMS
	M-502	  	MECHANICAL AIR RISER DIAGRAMS
	M-503	  	MECHANICAL FUEL OIL RISER DIAGRAMS
	M-504	  	MECHANICAL FLOW DIAGRAMS
		
	M-601	  	MECHANICAL SCHEDULES (1 of 2)
	M-602	  	MECHANICAL SCHEDULES (2 of 2)
		
	M-701	  	MECHANICAL PARTS PLANS
		
	M-900	  	MECHANICAL CELLAR DEMOLITION PLAN
	M-901	  	MECHANICAL GROUND FLOOR DEMOLITION PLAN
	M-902	  	MECHANICAL 2ND FLOOR DEMOLITION PLAN
	M-903	  	MECHANICAL 3RD FLOOR DEMOLITION PLAN
	M-904	  	MECHANICAL 4TH FLOOR DEMOLITION PLAN
	M-905	  	MECHANICAL 5TH FLOOR DEMOLITION PLAN
	M-906	  	MECHANICAL 6TH FLOOR DEMOLITION PLAN
	M-907	  	MECHANICAL 7TH FLOOR DEMOLITION PLAN
	M-908	  	MECHANICAL 8TH FLOOR DEMOLITION PLAN
	M-909	  	MECHANICAL 9TH FLOOR DEMOLITION PLAN
	M-910	  	MECHANICAL 10TH FLOOR DEMOLITION PLAN
	M-911	  	MECHANICAL 11TH FLOOR DEMOLITION PLAN
	M-912	  	MECHANICAL PENTHOUSE FLOOR DEMOLITION PLAN

 

 
  

			
	ELECTRICAL	  	
		
	E-101	  	ELECTRICAL SYMBOLS, GENERAL NOTES,
		  	ABBREVIATIONS, AND DRAWING LIST
		
	E-300	  	ELECTRICAL PLAN CELLAR
	E-301	  	ELECTRICAL PLAN GROUND FLOOR
	E-302	  	ELECTRICAL PLAN FLOOR 2
	E-303	  	ELECTRICAL PLAN FLOOR 3
	E-304	  	ELECTRICAL PLAN FLOOR 4
	E-305	  	ELECTRICAL PLAN FLOOR 5
	E-306	  	ELECTRICAL PLAN FLOOR 6
	E-307	  	ELECTRICAL PLAN FLOOR 7
	E-308	  	ELECTRICAL PLAN FLOOR 8
	E-309	  	ELECTRICAL PLAN FLOOR 9
	E-310	  	ELECTRICAL PLAN FLOOR 10
	E-311	  	ELECTRICAL PLAN FLOOR 11
	E-312	  	ELECTRICAL PLAN PENTHOUSE
	E-313	  	ELECTRICAL PLAN ROOF
	E-314	  	ELECTRICAL PLAN BULKHEAD
		
	E-401	  	ELECTRICAL DETAILS I OF V
	E-402	  	ELECTRICAL DETAILS II OF V
	E-403	  	ELECTRICAL DETAILS III OF V
	E-404	  	ELECTRICAL DETAILS IV OF V
	E-405	  	ELECTRICAL DETAILS V OF V
		
	E-502	  	ELECTRICAL ONE LINE DIAGRAM
		
	E-601	  	ELECTRICAL SCHEDULE I OF VII
	E-602	  	ELECTRICAL SCHEDULE II OF VII
	E-603	  	ELECTRICAL SCHEDULE III OF VII
	E-604	  	ELECTRICAL SCHEDULE IV OF VII
	E-605	  	ELECTRICAL SCHEDULE V OF VII
	E-606	  	ELECTRICAL SCHEDULE VI OF VII
	E-607	  	ELECTRICAL SCHEDULE VII OF VII
	E-608	  	ELECTRICAL SCHEDULE VIII OF VIII

 

 
  

			
	E-701	  	ELECTRICAL PARTIAL PLANS
		
	E-900	  	ELECTRICAL BASEMENT REMOVAL PLAN
	E-901	  	ELECTRICAL GROUND FLOOR REMOVAL PLAN
	E-903	  	ELECTRICAL 3RD FLOOR REMOVAL PLAN
	E-904	  	ELECTRICAL 4TH FLOOR REMOVAL PLAN
	E-905	  	ELECTRICAL 5TH FLOOR REMOVAL PLAN
	E-906	  	ELECTRICAL 6TH FLOOR REMOVAL PLAN
	E-907	  	ELECTRICAL 7TH FLOOR REMOVAL PLAN
	E-908	  	ELECTRICAL 8TH FLOOR REMOVAL PLAN
	E-909	  	ELECTRICAL 9TH FLOOR REMOVAL PLAN
	E-910	  	ELECTRICAL 10TH FLOOR REMOVAL PLAN
	E-911	  	ELECTRICAL 11TH FLOOR REMOVAL PLAN
	E-912	  	ELECTRICAL 12TH FLOOR REMOVAL PLAN

  

			
	PLUMBING	  	
		
	P-101	  	PLUMBING SYMBOLS, ABBREVIATIONS, AND
		  	DRAWING LIST
	P-102	  	PLUMBING NOTES
		
	P-300	  	PLUMBING PLAN CELLAR
	P-301	  	PLUMBING PLAN GROUND FLOOR
	P-302	  	PLUMBING PLAN FLOOR 2
	P-303	  	PLUMBING PLAN FLOOR 3
	P-304	  	PLUMBING PLAN FLOOR 4
	P-305	  	PLUMBING PLAN FLOOR 5
	P-306	  	PLUMBING PLAN FLOOR 6
	P-307	  	PLUMBING PLAN FLOOR 7
	P-308	  	PLUMBING PLAN FLOOR 8
	P-309	  	PLUMBING PLAN FLOOR 9
	P-310	  	PLUMBING PLAN FLOOR 10
	P-311	  	PLUMBING PLAN FLOOR 11
	P-312	  	PLUMBING PLAN FLOOR 12
	P-313	  	PLUMBING PLAN FLOOR 13
	P-314	  	PLUMBING ROOF PLAN

 

 
  

			
	P-501	  	PLUMBING DOMESTIC WATER & SANITARY
		  	RISER DIAGRAM
	P-502	  	PLUMBING GAS RISER DIAGRAM
	P-503	  	PLUMBING STORM RISER DIAGRAM
		
	P-601	  	PLUMBING SCHEDULES
		
	P-701	  	PLUMBING TYPICAL BATHROOM PART PLAN
		
	P-900	  	PLUMBING CELLAR LEVEL DEMOLITION PLAN
	P-901	  	PLUMBING GROUND FLOOR DEMOLITION PLAN
	P-902	  	PLUMBING 2ND FLOOR DEMOLITION PLAN
	P-903	  	PLUMBING 3RD FLOOR DEMOLITION PLAN
	P-904	  	PLUMBING 4TH FLOOR DEMOLITION PLAN
	P-905	  	PLUMBING 5TH FLOOR DEMOLITION PLAN
	P-906	  	PLUMBING 6TH FLOOR DEMOLITION PLAN
	P-907	  	PLUMBING 7TH FLOOR DEMOLITION PLAN
	P-908	  	PLUMBING 8TH FLOOR DEMOLITION PLAN
	P-909	  	PLUMBING 9TH FLOOR DEMOLITION PLAN
	P-910	  	PLUMBING 10TH FLOOR DEMOLITION PLAN
	P-911	  	PLUMBING 11TH FLOOR DEMOLITION PLAN
	P-912	  	PLUMBING 12TH FLOOR DEMOLITION PLAN

 FIRE PROTECTION 
  

			
	SPSD-101	  	SPRINKLER0STANDPIPE SYMBOLS NOTES AND
		  	ABBREVIATIONS
	SPSD-102	  	SPRINKLER-STANDPIPE NOTES
	SPSD-103	  	SPRINKLER-STANDPIPE NOTES
		
	SPSD-300	  	SPRINKLER-STANDPIPE PLAN CELLAR
	SPSD-301	  	SPRINKLER-STANDPIPE PLAN GROUND FLOOR
	SPSD-302	  	SPRINKLER-STANDPIPE PLAN FLOOR 2
	SPSD-303	  	SPRINKLER-STANDPIPE PLAN FLOOR 3

 

 
  

			
	SPSD-304	  	SPRINKLER-STANDPIPE PLAN FLOOR 4
	SPSD-305	  	SPRINKLER-STANDPIPE PLAN FLOOR 5
	SPSD-306	  	SPRINKLER-STANDPIPE PLAN FLOOR 6
	SPSD-307	  	SPRINKLER-STANDPIPE PLAN FLOOR 7
	SPSD-308	  	SPRINKLER-STANDPIPE PLAN FLOOR 8
	SPSD-309	  	SPRINKLER-STANDPIPE PLAN FLOOR 9
	SPSD-310	  	SPRINKLER-STANDPIPE PLAN FLOOR 10
	SPSD-311	  	SPRINKLER-STANDPIPE PLAN FLOOR 11
	SPSD-312	  	SPRINKLER-STANDPIPE PLAN PENTHOUSE
	SPSD-313	  	SPRINKLER STANDPIPE PLAN ROOF
		
	SPSD-401	  	SPRINKLER-STANDPIPE DETAILS (1OF 2)
	SPSD-402	  	SPRINKLER-STANDPIPE DETAILS (2 OF 2)
		
	SPSD-501	  	SPRINKLER-STANDPIPE RISER DIAGRAM
		
	FIRE ALARM	  	
		
	FA-101	  	FIRE ALARM GENERAL NOTES AND SEQUENCE
		  	OF OPERATION
	FA-300	  	FIRE ALARM PLAN CELLAR
	FA-301	  	FIRE ALARM PLAN GROUND FLOOR
	FA-302	  	FIRE ALARM PLAN FLOOR 2
	FA-303	  	FIRE ALARM PLAN FLOOR 3
	FA-304	  	FIRE ALARM PLAN FLOOR 4
	FA-305	  	FIRE ALARM PLAN FLOOR 5
	FA-306	  	FIRE ALARM PLAN FLOOR 6
	FA-307	  	FIRE ALARM PLAN FLOOR 7
	FA-308	  	FIRE ALARM PLAN FLOOR 8
	FA-309	  	FIRE ALARM PLAN FLOOR 9
	FA-310	  	FIRE ALARM PLAN FLOOR 10
	FA-311	  	FIRE ALARM PLAN FLOOR 11
	FA-312	  	FIRE ALARM PLAN PENTHOUSE
	FA-313	  	FIRE ALARM PLAN ROOF

 

 
  

			
	 TELECOMMUNICATIONS

		
	 TC-101
	  	 TELECOMMUNICATION SYMBOLS NOTES & ABBREVIATIONS

	 TC-102
	  	 TELECOMMUNICATION SPECIFICATIONS

		
	 TC-300
	  	 TELECOMMUNICATION PLAN BASEMENT

	 TC-301
	  	 TELECOMMUNICATION PLAN GROUND FLOOR

	 TC-302
	  	 TELECOMMUNICATION PLAN FLOOR 2

	 TC-303
	  	 TELECOMMUNICATION PLAN FLOOR 3

	 TC-304
	  	 TELECOMMUNICATION PLAN FLOOR 4

	 TC-305
	  	 TELECOMMUNICATION PLAN FLOOR 5

	 TC-306
	  	 TELECOMMUNICATION PLAN FLOOR 6

	 TC-307
	  	 TELECOMMUNICATION PLAN FLOOR 7

	 TC-308
	  	 TELECOMMUNICATION PLAN FLOOR 8

	 TC-309
	  	 TELECOMMUNICATION PLAN FLOOR 9

	 TC-310
	  	 TELECOMMUNICATION PLAN FLOOR 10

	 TC-311
	  	 TELECOMMUNICATION PLAN FLOOR 11

	 TC-312
	  	 TELECOMMUNICATION PLAN FLOOR 12

	 TC-501
	  	 TELECOMMUNICATION RISER DIAGRAM

		
	 TC-601
	  	 TELECOMMUNICATION PART PLANS AND ELEVATION

	
	 PROJECT MANUAL / SPECIFICATIONS

	
	 Latest Revision Date: March 5, 2014

 SCHEDULE S 

EXISTING RIGHTS WITH RESPECT TO THE NINTH FLOOR OF THE BUILDING 

NONE. 
  

  
 S-1 

 SCHEDULE T 

FLOOR PLAN OF THE INITIAL EXPANSION SPACE (NINTH FLOOR PREMISES) 

(See attached) 
 ALL AREAS,
DIMENSIONS AND CONDITIONS ARE APPROXIMATE 
  

  
 T-1

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00299-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00299-of-00352.parquet"}]]