Document:

Lease Agreement - SMII Fifth Avenue LLC / Tigris Corp.

 Exhibit 10.16 
  
 STANDARD FORM OF OFFICE LEASE 
 The Real Estate Board of New York, Inc. 
  
 Agreement of Lease, made as of this                      day of     July,
        2000            , between SMII FIFTH AVENUE LLC, a Delaware limited liability company having an address at c/o Koll Bren Schreiber Realty
Advisors, Inc., 125 Summer Street, Ste.1640, Boston, MA 02110, party of the first part, hereinafter referred to as OWNER, and TIGRIS CONSULTING, a
                                 having an address at 261 Fifth Avenue, 11th Floor, New
York, New York 10016, 
  
 party of the second part, hereinafter
referred to as TENANT,              
  
 Witnesseth: Owner hereby leases to Tenant and Tenant hereby hires from Owner a certain portion of rentable space located on the twenty-third (23rd) floor, as set forth on the Floor Plan annexed hereto as
Exhibit “A”, 
 in the building known as 261 Fifth Avenue 
 in the Borough of Manhattan         , City of New York, for the term of 
  
 SEE RIDER ANNEXED HERETO AND MADE A PART HEREOF 
  
 SEE RIDER ANNEXED HERETO AND MADE A PART HEREOF 
  
 which Tenant agrees to pay in lawful money of the United States which shall be legal tender in payment of all debts and dues, public and private, at the time of payment,
in equal monthly installments in advance on the first day of each month during said term, at the office of Owner or such other place as Owner may designate, without any set off or deduction whatsoever, except that Tenant shall pay the first
             monthly installment(s) on the execution hereof (unless this lease be a renewal). 
  
 In the event that, at the commencement of the term of this lease, or thereafter, Tenant shall be in default in the payment of rent to Owner pursuant to
the terms of another lease with Owner or with Owner’s predecessor in interest, Owner may at Owner’s option and without notice to Tenant add the amount of such arrears to any monthly installment of rent payable hereunder and the same shall
be payable to Owner as additional rent. 
  
 The parties hereto,
for themselves, their heirs, distributees, executors, administrators, legal representatives, successors and assigns, hereby covenant as follows: 
  

			
	Rent:	  	 1.      Tenant shall pay the rent as above and as hereinafter provided.

	Occupancy:	  	 2.      Tenant shall use and occupy demised premises for

  
 SEE RIDER ANNEXED
HERETO AND MADE A PART HEREOF 
  
 and for no other purpose.

  
 Tenant Alterations: 
  
 3. Tenant shall make no changes in or to the demised premises of any
nature without Owner’s prior written consent. Subject to the prior written consent of Owner, and to the provisions of this article, Tenant, at Tenant’s expense, may make alterations, installations, additions or improvements which are
non-structural and which do not affect utility services or plumbing and electrical lines, in or to the interior of the demised premises by using contractors or mechanics first approved in each instance by Owner. Tenant shall, before making any
alterations, additions, installations or improvements, at its expense, obtain all permits, approvals and certificates required by any governmental or quasi-governmental bodies and (upon completion) certificates of final approval thereof and shall
deliver promptly duplicates of all such permits, approvals and certificates to Owner and Tenant agrees to carry and will cause Tenant’s contractors and sub-contractors to carry such workman’s compensation, general liability, personal and
property damage insurance as Owner may require. If any mechanic’s lien is filed against the demised premises, or the building of which the same forms a part, for work claimed to have been done for, or materials furnished to, Tenant, whether or
not done pursuant to this article, the same shall be discharged by Tenant within thirty days thereafter, at Tenant’s expense, by payment or filing the bond required by law. All fixtures and all paneling, partitions, railings and like
installations, installed in the premises at any time, either by Tenant or by Owner on Tenant’s behalf, shall, upon installation, become the property of Owner and shall remain upon and be surrendered with the demised premises unless Owner, by
notice to Tenant no later than twenty days prior to the date fixed as the termination of this lease, elects to relinquish Owner’s right thereto and to have them removed by Tenant, in which event the same shall be removed from the premises by
Tenant prior to the expiration of the lease, at Tenant’s expense. Nothing in this Article shall be construed to give Owner title to or to prevent Tenant’s removal of trade fixtures, moveable office furniture and equipment, but upon removal
of any such from the premises or upon removal of other installations as may be required by Owner, Tenant shall immediately and at its expense, repair and restore the premises to the condition existing prior to installation and repair any damage to
the demised premises or the building due to such removal. All property permitted or required to be removed, by Tenant at the end of the term remaining in the premises after Tenant’s removal shall be deemed abandoned and may, at the election of
Owner, either be retained as Owner’s property or may be removed from the premises by Owner, at Tenant’s expense. 
  
 Maintenance and Repairs: 
  
 4. Tenant shall, throughout the term of this lease, take good care of the demised premises and the fixtures and appurtenances therein. Tenant shall
be responsible for all damage or injury to the demised premises or any other part of the building and the systems and equipment thereof, whether requiring structural or nonstructural repairs caused by or resulting from carelessness, omission,
neglect or improper conduct of Tenant, Tenant’s subtenants, agents, employees, invitees or licensees, or which arise out of any work, labor, service or equipment done for or supplied to Tenant or any subtenant or arising out of the
installation, use or operation of the property or equipment of Tenant or any subtenant. Tenant shall also repair all damage to the building and the demised premises caused by the moving of Tenant’s fixtures, furniture and equipment. Tenant
shall promptly make, at Tenant’s expense, all repairs in and to the demised premises for which Tenant is responsible, using only the contractor for the trade or trades in question, selected from a list of at least two contractors per trade
submitted by Owner. Any other repairs in or to the building or the facilities and systems thereof for which Tenant is responsible shall be performed by Owner at the Tenant’s expense. Owner shall maintain in good working order and repair the
exterior and the structural portions of the building, including the structural portions of its demised premises, and the public portions of the building interior and the building plumbing, electrical, heating and ventilating systems (to the extent
such systems presently exist) serving the demised premises. Tenant agrees to give prompt notice of any defective condition in the premises for which Owner may be responsible hereunder. There shall be no allowance to Tenant for diminution of rental
value and no liability on the part of Owner by reason of inconvenience, annoyance or injury to business arising from Owner or others making repairs, alterations, additions or improvements in or to any portion of the building or the demised premises
or in and to the fixtures, appurtenances or equipment thereof. It is specifically agreed that Tenant shall not be entitled to any setoff or reduction of rent by reason of any failure of Owner to comply with the covenants of this or any other article
of this Lease. Tenant agrees that Tenant’s sole remedy at law in such instance will be by way of an action for damages for breach of contract. The provisions of this Article 4 shall not apply in the case of fire or other casualty which are
dealt with in Article 9 hereof. 
  
 Window Cleaning: 
  
 5. Tenant will not clean nor require, permit, suffer or allow any
window in the demised 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. 
  
 Requirements of Law, Fire Insurance, Floor Loads:

  
 6. Prior to the commencement of the lease term, if
Tenant is then in possession, and at all times thereafter, Tenant, at Tenant’s sole cost and expense, shall promptly comply with all present and future laws, orders and regulations of all state, federal, municipal and local governments,
departments, commissions and boards and any direction of any public officer pursuant to law, and all orders, rules and regulations of the New York Board of Fire Underwriters, Insurance Services Office, or any similar body which shall impose any
violation, order or duty upon Owner or Tenant with respect to the demised premises, whether or not arising out of Tenant’s use or manner of use thereof, (including Tenant’s permitted use) or, with respect to the building if arising out of
Tenant’s use or manner of use of the premises or the building (including the use permitted under the lease). Nothing herein shall require Tenant to make structural repairs or alterations unless Tenant has, by its manner of use of the demised
premises or method of operation therein, violated any such laws, ordinances, orders, rules, regulations or requirements with respect thereto. Tenant may, after securing Owner to 

  

 Page 1 of 6 

 
Owner’s satisfaction against all damages, interest, penalties and expenses, including, but not limited to, reasonable attorney’s fees, by cash
deposit or by surety bond in an amount and in a company satisfactory to Owner, contest and appeal any such laws, ordinances, orders, rules, regulations or requirements provided same is done with all reasonable promptness and provided such appeal
shall not subject Owner to prosecution for a criminal offense or constitute a default under any lease or mortgage under which Owner may be obligated, or cause the demised premises or any part thereof to be condemned or vacated. Tenant shall not do
or permit any act or thing to be done in or to the demised premises which is contrary to law, or which will invalidate or be in conflict with public liability, fire or other policies of insurance at any time carried by or for the benefit of Owner
with respect to the demised premises or the building of which the demised premises form a part, or which shall or might subject Owner to any liability or responsibility to any person or for property damage. Tenant shall not keep anything in the
demised premises except as now or hereafter permitted by the Fire Department, Board of Fire Underwriters, Fire Insurance Rating Organization or other authority having jurisdiction, and then only in such manner and such quantity so as not to increase
the rate for fire insurance applicable to the building, nor use the premises in a manner which will increase the insurance rate for the building or any property located therein over that in effect prior to the commencement of Tenant’s
occupancy. Tenant shall pay all costs, expenses, fines, penalties, or damages, which may be imposed upon Owner by reason of Tenant’s failure to comply with the provisions of this article and if by reason of such failure the fire insurance rate
shall, at the beginning of this lease or at any time thereafter, be higher than it otherwise would be, then Tenant shall reimburse Owner, as additional rent hereunder, for that portion of all fire insurance premiums thereafter paid by Owner which
shall have been charged because of such failure by Tenant. In any action or proceeding wherein Owner and Tenant are parties, a schedule or “make-up” of rate for the building or demised premises issued by the New York Fire Insurance
Exchange, or other body making fire insurance rates applicable to said premises shall be conclusive evidence of the facts therein stated and of the several items and charges in the fire insurance rates then applicable to said premises. Tenant shall
not place a load upon any floor of the demised premises exceeding the floor load per square foot area which it was designed to carry and which is allowed by law. Owner reserves the right to prescribe the weight and position of all safes, business
machines and mechanical equipment. Such installations shall be placed and maintained by Tenant, at Tenant’s expense, in settings sufficient, in Owner’s judgement, to absorb and prevent vibration, noise and annoyance. 
  
 Subordination: 
  
 7. This lease is subject and subordinate to all ground or underlying leases and to all mortgages which may now or
hereafter affect such leases or the real property of which demised premises are a part and to all renewals, modifications, consolidations, replacements and extensions of any such underlying leases and mortgages. This clause shall be self-operative
and no further instrument of subordination shall be required by any ground or underlying lessor or by any mortgagee, affecting any lease or the real property of which the demised premises are a part. In confirmation of such subordination, Tenant
shall from time to time execute promptly any certificate that Owner may request. 
  
 Property Loss, Damage Reimbursement Indemnity: 
  
 8. Owner or its agents shall not be liable for any damage to property of Tenant or of others entrusted to employees of the building, nor for loss of or damage to any property of Tenant by theft or otherwise, nor for any injury or
damage to persons or property resulting from any cause of whatsoever nature, unless caused by or due to the negligence of Owner, its agents, servants or employees. Owner or its agents will not be liable for any such damage caused by other tenants or
persons in, upon or about said building or caused by operations in construction of any private, public or quasi public work. If at any time any windows of the demised premises are temporarily closed, darkened or bricked up (or permanently closed,
darkened or bricked up, if required by law) for any reason whatsoever including, but not limited to Owner’s own acts, Owner shall not be liable for any damage Tenant may sustain thereby and Tenant shall not be entitled to any compensation
therefor nor abatement or diminution of rent nor shall the same release Tenant from its obligations hereunder nor constitute an eviction. Tenant shall indemnify and save harmless Owner against and from all liabilities, obligations, damages,
penalties, claims, costs and expenses for which Owner shall not be reimbursed by insurance, including reasonable attorneys fees, paid, suffered or incurred as a result of any breach by Tenant, Tenant’s agents, contractors, employees, invitees,
or licensees, of any covenant or condition of this lease, or the carelessness, negligence or improper conduct of the Tenant, Tenant’s agents, contractors, employees, invitees or licensees. Tenant’s liability under this lease extends to the
acts and omissions of any sub-tenant, and any agent, contractor, employee, invitee or licensee of any sub-tenant. In case any action or proceeding is brought against Owner by reason of any such claim, Tenant, upon written notice from Owner, will, at
Tenant’s expense, resist or defend such action or proceeding by counsel approved by Owner in writing, such approval not to be unreasonably withheld. 
  
 Destruction, Fire and Other Casualty: 
  
 9. (a) If the demised premises or any part thereof shall be damaged by fire or other casualty, Tenant shall give immediate notice thereof to Owner
and this lease shall continue in full force and effect except as hereinafter set forth. (b) If the demised premises are partially damaged or rendered partially unusable by fire or other casualty, the damages thereto shall be repaired by and at the
expense of Owner and the rent and other items of additional rent, until such repair shall be substantially completed, shall be apportioned from the day following the casualty according to the part of the premises which is usable. (c) If the demised
premises are totally damaged or rendered wholly unusable by fire or other casualty, then the rent and other items of additional rent as hereinafter expressly provided shall be proportionately paid up to the time of the casualty and thenceforth shall
cease until the date when the premises shall have been repaired and restored by Owner (or sooner reoccupied in part by Tenant then rent shall be apportioned as provided in subsection (b) above), subject to Owner’s right to elect not to restore
the same as hereinafter provided. (d) If the demised premises are rendered wholly unusable or (whether or not the demised premises are damaged in whole or in part) if the building shall be so damaged that Owner shall decide to demolish it or to
rebuild it, then, in any of such events, Owner may elect to terminate this lease by written notice to Tenant, given within 90 days after such fire or casualty, or 30 days after adjustment of the insurance claim for such fire or casualty, whichever
is sooner, specifying a date for the expiration of the lease, which date shall not be more than 60 days after the giving of such notice, and upon the date specified in such notice the term of this lease shall expire as fully and completely as if
such date were the date set forth above for the termination of this lease and Tenant shall forthwith quit, surrender and vacate the premises without prejudice however, to Landlord’s rights and remedies against Tenant under the lease provisions
in effect prior to such termination, and any rent owing shall be paid up to such date and any payments of rent made by Tenant which were on account of any period subsequent to such date shall be returned to Tenant. Unless Owner shall serve a
termination notice as provided for herein, Owner shall make the repairs and restorations under the conditions of (b) and (c) hereof, with all reasonable expedition, subject to delays due to adjustment of insurance claims, labor troubles and causes
beyond Owner’s control. After any such casualty, Tenant shall cooperate with Owner’s restoration by removing from the premises as promptly as reasonably possible, all of Tenant’s salvageable inventory and moveable equipment,
furniture, and other property. Tenant’s liability for rent shall resume five (5) days after written notice from Owner that the premises are substantially ready for Tenant’s occupancy. (e) Nothing contained hereinabove shall relieve Tenant
from liability that may exist as a result of damage from fire or other casualty. Notwithstanding the foregoing, including Owner’s obligation to restore under subparagraph (b) above, each party shall look first to any insurance in its favor
before making any claim against the other party for recovery for loss or damage resulting from fire or other casualty, and to the extent that such insurance is in force and collectible and to the extent permitted by law, Owner and Tenant each hereby
releases and waives all right of recovery with respect to subparagraphs (b), (d), and (e) above, against the other or any one claiming through or under each of them by way of subrogation or otherwise. The release and waiver herein referred to shall
be deemed to include any loss or damage to the demised premises and/or to any personal property, equipment, trade fixtures, goods and merchandise located therein. The foregoing release and waiver shall be in force only if both releasors’ insurance policies contain a clause providing that such a release or waiver shall not invalidate the insurance. If, and to
the extent, that such waiver can be obtained only by the payment of additional premiums, then the party benefiting from the waiver shall pay such premium within ten days after written demand or shall be deemed to have agreed that the party obtaining
insurance coverage shall be free of any further obligation under the provisions hereof with respect to waiver of subrogation. Tenant acknowledges that Owner will not carry insurance on Tenant’s furniture and/or furnishings or any fixtures or
equipment, improvements, or appurtenances removable by Tenant and agrees that Owner will not be obligated to repair any damage thereto or replace the same. (f) Tenant hereby waives the provisions of Section 227 of the Real Property Law and agrees
that the provisions of this article shall govern and control in lieu thereof. 
  
 Eminent Domain: 
  
 10. If the whole or
any part of the demised premises shall be acquired or condemned by Eminent Domain for any public or quasi public use or purpose, then and in that event, the term of this lease shall cease and terminate from the date of title vesting in such
proceeding and Tenant shall have no claim for the value of any unexpired term of said lease and assigns to Owner, Tenant’s entire interest in any such award. Tenant shall have the right to make an independent claim to the condemning authority
for the value of Tenant’s moving expenses and personal property, trade fixtures and equipment, provided Tenant is entitled pursuant to the terms of the lease to remove such property, trade fixture and equipment at the end of the term and
provided further such claim does not reduce Owner’s award. 
  
 Assignment,
Mortgage, Etc.: 
  
 11. Tenant, for itself, its heirs,
distributees, executors, administrators, legal representative, successor and assigns, expressly covenants that it shall not assign, mortgage or encumber this agreement, nor underlet, or suffer or permit the demised premises or any part thereof to be
used by others, without the prior written consent of Owner in each instance. Transfer of the majority of the stock of a corporate Tenant or the majority partnership interest of a partnership Tenant shall be deemed an assignment. If this lease be
assigned, or if the demised premises or any part thereof be underlet or occupied by anybody other than Tenant, Owner may, after default by Tenant, collect rent from the assignee, under-tenant or occupant, and apply the net amount collected to the
rent herein reserved, but no such assignment, underletting, occupancy or collection shall be deemed a waiver of this covenant, or the acceptance of the assignee, under-enant or occupant as tenant, or a release of Tenant from the further performance
by Tenant of covenants on the part of Tenant herein contained. The consent by Owner to an assignment or underletting shall not in any way be construed to relieve Tenant from obtaining the express consent in writing of Owner to any further assignment
or underletting. 
  
 Electric Current: 
  
 12. Rates and conditions in respect to submetering or rent inclusion,
as the case may be, to be added in RIDER attached hereto. Tenant covenants and agrees that at all times its use of electric current shall not exceed the capacity of existing feeders to the building or the risers or wiring installation and Tenant may
not use any electrical equipment which, in Owner’s opinion, reasonably exercised, will overload such installations or interfere with the use thereof by other tenants of the building. The change at any time of the character of electric service
shall in no way make Owner liable or responsible to Tenant, for any loss, damages or expenses which Tenant may sustain. 
  
 Access to Premises: 
  
 13. Owner or Owner’s agents shall have the right (but shall not be obligated) to enter the demised premises in any emergency at any time, and,
at other reasonable times, to examine the same and to make such repairs, replacements and improvements as Owner may deem necessary and reasonably desirable to the demised premises or to any other portion of the building or which Owner may elect to
perform. Tenant shall permit Owner to use and maintain and replace pipes and conduits in and through the demised premises and to erect new pipes and conduits therein provided they are concealed within the walls, floor, or ceiling. Owner may, during
the progress of any work in the demised premises, take all necessary materials and equipment into said premises without the same constituting an eviction nor shall the Tenant be entitled to any abatement of rent while such work is in progress nor to
any damages by reason of loss or interruption of business or otherwise. Throughout the term hereof Owner shall have the right to enter the demised premises at reasonable hours for the purpose of showing the same to prospective purchasers or
mortgagees of the building, and during the last six months of the term for the purpose of showing the 

 Rider to be added if necessary. 
  

 Page 2 of 6 

 
same to prospective tenants. If Tenant is not present to open and permit an entry into the demised premises, Owner or Owner’s agents may enter the same
whenever such entry may be necessary or permissible by master key or forcibly and provided reasonable care is exercised to safeguard Tenant’s property, such entry shall not render Owner or its agents liable therefor, nor in any event shall the
obligations of Tenant hereunder be affected. If during the last month of the term Tenant shall have removed all or substantially all of Tenant’s property therefrom Owner may immediately enter, alter, renovate or redecorate the demised premises
without limitation or abatement of rent, or incurring liability to Tenant for any compensation and such act shall have no effect on this lease or Tenant’s obligations hereunder. 
  
 Vault, Vault Space, Area: 
  
 14. No Vaults, vault space or area, whether or not enclosed or covered, not within the property line of the building is leased hereunder, anything
contained in or indicated on any sketch, blue print or plan, or anything contained elsewhere in this lease to the contrary notwithstanding. Owner makes no representation as to the location of the property line of the building. All vaults and vault
space and all such areas not within the property line of the building, which Tenant may be permitted to use and/ or occupy, is to be used and/or occupied under a revocable license, and if any such license be revoked, or if the amount of such space
or area be diminished or required by any federal, state or municipal authority or public utility, Owner shall not be subject to any liability nor shall Tenant be entitled to any compensation or diminution or abatement of rent, nor shall such
revocation, diminution or requisition be deemed constructive or actual eviction. Any tax, fee or charge of municipal authorities for such vault or area shall be paid by Tenant. 
  
 Occupancy: 
  
 15. Tenant will not at any time use or occupy the demised premises in violation of the certificate of occupancy issued for the building of which
the demised premises are a part. Tenant has inspected the premises and accepts them as is, subject to the riders annexed hereto with respect to Owner’s work, if any. In any event, Owner makes no representation as to the condition of the
premises and Tenant agrees to accept the same subject to violations, whether or not of record. 
  
 Bankruptcy: 
  
 16.
(a) Anything elsewhere in this lease to the contrary notwithstanding, this lease may be cancelled by Owner by the sending of a written notice to Tenant within a reasonable time after the happening of any one or more of the following events: (1) the
commencement of a case in bankruptcy or under the law of any state naming Tenant as the debtor; or (2) the making by Tenant of an assignment or any other arrangement for the benefit of creditors under any state statute. Neither Tenant nor any person
claiming through or under Tenant, or by reason of any statute or order of court, shall thereafter be entitled to possession of the premises demised but shall forthwith quit and surrender the premises. If this lease shall be assigned in accordance
with its terms, the provisions of this Article 16 shall be applicable only to the party then owning Tenant’s interest in this lease. 
  
 (b) it is stipulated and agreed that in the event of the termination of this lease pursuant to (a) hereof. Owner shall forthwith, notwithstanding any
other provisions of this lease to the contrary, be entitled to recover from Tenant as and for liquidated damages an amount equal to the difference between the rent reserved hereunder for the unexpired portion of the term demised and the fair and
reasonable rental value of the demised premises for the same period. In the computation of such damages the difference between any installment of rent becoming due hereunder after the date of termination and the fair and reasonable rental value of
the demised premises for the period for which such installment was payable shall be discounted to the date of termination at the rate of four percent (4%) per annum. If such premises or any part thereof be re-let by the Owner for the unexpired term
of said lease, or any part thereof, before presentation of proof of such liquidated damages to any court, commission or tribunal, the amount of rent reserved upon such re-letting shall be deemed to be the fair and reasonable rental value for the
part or the whole of the premises so re-let during the term of the re-letting. Nothing herein contained shall limit or prejudice the right of the Owner to prove for and obtain as liquidated damages by reason of such termination, an amount equal to
the maximum allowed by any statute or rule of law in effect at the time when, and governing the proceedings in which, such damages are to be proved, whether or not such amount be greater, equal to, or less than the amount of the difference referred
to above. 
  
 Default: 
  
 17. (1) If Tenant defaults in fulfilling any of the covenants of this
lease other than the covenants for the payment of rent or additional rent; or if the demised premises become vacant or deserted; or if any execution or attachment shall be issued against Tenant or any of Tenant’s property whereupon the demised
premises shall be taken or occupied by someone other than Tenant; or if this lease be rejected under §235 of Title 11 of the U.S. Code (bankruptcy code); or if Tenant shall fail to move into or take possession of the premises within thirty (30)
days after the commencement of the term of this lease, then, in any one or more of such events, upon Owner serving a written fifteen (15) days notice upon Tenant specifying the nature of said default and upon the expiration of said fifteen (15)
days, if Tenant shall have failed to comply with or remedy such default, or if the said default or omission complained of shall be of a nature that the same cannot be completely cured or remedied within said fifteen (15) day period, and if Tenant
shall not have diligently commenced curing such default within such fifteen (15) day period, and shall not thereafter with reasonable diligence and in good faith, proceed to remedy or cure such default, then Owner may serve a written five (5)
days’ notice of cancellation of this lease upon Tenant, and upon the expiration of said five (5) days this lease and the term thereunder shall end and expire as fully and completely as if the expiration of such five (5) day period were the day
herein definitely fixed for the end and expiration of this lease and the term thereof and Tenant shall then quit and surrender the demised premises to Owner but Tenant shall remain liable as hereinafter provided. 
  
 (2) If the notice provided for in (1) hereof shall have been given, and the
term shall expire as aforesaid; or if Tenant shall make default in the payment of the rent reserved herein or any item of additional rent herein mentioned or any part of either or in making any other payment herein required; then and in any of such
events Owner may without notice, re-enter the demised premises either by force or otherwise, and dispossess Tenant by summary proceedings or otherwise, and the legal representative of Tenant or other occupant of demised premises and remove their
effects and hold the premises as if this lease had not been made, and Tenant hereby waives the service of notice of intention to re-enter or to institute legal proceeding to that end. If Tenant shall make default hereunder prior to the date fixed as
the commencement of any renewal or extension of this lease, Owner may cancel and terminate such renewal or extension agreement by written notice. 
  
 Remedies of Owner and Waiver of Redemption: 
  
 18. In case of any such default, re-entry, expiration and/or dispossess by summary proceedings or other wise, (a) the rent shall become due
thereupon and be paid up to the time of such re-entry, dispossess and/or expiration, (b) Owner may re-let the premises or any part or parts thereof, either in the name of Owner or otherwise, for a term or terms, which may at Owner’s option be
less than or exceed the period which would otherwise have constituted the balance of the term of this lease and may grant concessions or free rent or charge a higher rental than that in this lease, and/or (c) Tenant or the legal representatives of
Tenant shall also pay Owner as liquidated damages for the failure of Tenant lo observe and perform said Tenant’s covenants herein contained, any deficiency between the rent hereby reserved and/or _______ to be paid and the net amount, if any,
of the rents collected on account of the lease or leases of the demised premises for each month of the period which would otherwise have constituted the balance of the term of this lease. The failure of Owner to re-let the premises or any part or
parts thereof shall not release or affect Tenant’s liability for damages. In computing such liquidated damages there shall be added to the said deficiency such expenses as Owner may incur in connection with re-letting, such as legal expenses,
reasonable attorney’s fees, brokerage, advertising and for keeping the demised premises in good order or for preparing the same for re-letting. Any such liquidated damages shall be paid in monthly installments by Tenant on the rent day
specified in this lease and any suit brought to collect the amount of the deficiency for any month shall not prejudice in any way the rights of Owner to collect the deficiency for any subsequent month by a similar proceeding. Owner, in putting the
demised premises in good order or preparing the same for re-rental may, at Owner’s option, make such alterations, repairs, replacements, and/or decorations in the demised premises as Owner, in Owner’s sole judgment, considers advisable and
necessary for the purpose of re-letting the demised premises, and the making of such alterations, repairs, replacements, and/or decorations shall not operate or be construed to release Tenant from liability hereunder as aforesaid. Owner shall in no
event be liable in any way whatsoever for failure to re-let the demised premises, or in the event that the demised premises are re-let, for failure to collect the rent thereof under such re-letting, and in no event shall Tenant be entitled to
receive any excess, if any, of such net rents collected over the sums payable by Tenant to Owner hereunder. In the event of a breach or threatened breach by Tenant of any of the covenants or provisions hereof, Owner shall have the right of
injunction and the right to invoke any remedy allowed at law or in equity as if re-entry, summary proceedings and other remedies were not herein provided for. Mention in this lease of any particular remedy, shall not preclude Owner from any other
remedy, in law or in equity. Tenant hereby expressly waives any and all rights of redemption granted by or under any present or future laws in the event of Tenant being evicted or dispossessed for any cause, or in the event of Owner obtaining
possession of demised premises, by reason of the violation by Tenant of any of the covenants and conditions of this lease, or otherwise. 
  
 Fees and Expenses: 
  
 19. If Tenant shall default in the observance or performance of any term or covenant on Tenant’s part to be observed or performed under or by
virtue of any of the terms or provisions in any article of this lease, after notice if required and upon expiration of any applicable grace period if any, (except in an emergency), then, unless otherwise provided elsewhere in this lease, Owner may
immediately or at any time thereafter and without notice perform the obligation of Tenant thereunder. If Owner, in connection with the foregoing or in connection with any default by Tenant in the covenant to pay rent hereunder, makes any
expenditures or incurs any obligations for the payment of money, including but not limited to reasonable attorneys’ fees, in instituting, prosecuting or defending any action or proceeding, and prevails in any such action or proceeding then
Tenant will reimburse Owner for such sums so paid or obligations incurred with interest and costs. The foregoing expenses incurred by reason of Tenant’s default shall be deemed to be additional rent hereunder and shall be paid by Tenant to
Owner within ten (10) days of rendition of any bill or statement to Tenant therefor. If Tenant’s lease term shall have expired at the time of making of such expenditures or incurring of such obligations, such sums shall be recoverable by Owner,
as damages. 
  
 Building Alterations and Management: 
  
 20. Owner shall have the right at any time without the same
constituting an eviction and without incurring liability to Tenant therefor to change the arrangement and/or location of public entrances, passageways, doors, doorways, corridors, elevators, stairs, toilets or other public parts of the building and
to change the name, number or designation by which the building may be known. There shall be no allowance to Tenant for diminution of rental value and no liability on the part of Owner by reason of inconvenience, annoyance or injury to business
arising from Owner or other Tenants making any repairs in the building or any such alterations, additions and improvements. Furthermore, Tenant shall not have any claim against Owner by reason of Owner’s imposition of such controls of the
manner of access to the building by Tenant’s social or business visitors as the Owner may deem necessary for the security of the building and its occupants. 
  
 No Representations by Owner: 
  
 21. Neither Owner nor Owner’s agents have made any representations or promises with respect to the physical condition of the building, the
land upon which it is erected or the demised premises, the rents, leases, expenses of operation or any other matter or thing affecting or related to 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 in the provisions of this lease. Tenant has inspected the building and the demised premises and is thoroughly acquainted with their condition and agrees to take the same “as
is” and acknowledges that the taking of possession of the demised premises by Tenant shall be conclusive evidence that the said premises and the building of which the same form a part were in good and satisfactory condition at the time such
possession was so taken, except as to latent defects. All understandings and agreements heretofore made between the parties hereto are merged in this contract, which alone fully and completely expresses the agreement between Owner and Tenant and any
executory agreement 

  

 Page 3 of 6 

 
hereafter made shall be ineffective to change, modify, discharge or effect an abandonment of it in whole or in part, unless such executory agreement is in
writing and signed by the party against whom enforcement of the change, modification, discharge or abandonment is sought. 
  
 End of Term: 
  
 22. Upon the expiration or other termination of the term of this lease, Tenant shall quit and surrender to Owner the demised premises, broom clean,
in good order and condition, ordinary wear and damages which Tenant is not required to repair as provided elsewhere in this lease excepted, and Tenant shall remove all its property. Tenant’s obligation to observe or perform this covenant shall
survive the expiration or other termination of this lease. If the last day of the term of this Lease or any renewal thereof, falls on Sunday, this lease shall expire at noon on the preceding Saturday unless it be a legal holiday in which case it
shall expire at noon on the preceding business day. 
  
 Quiet Enjoyment:

  
 23. Owner covenants and agrees with Tenant that
upon Tenant paying the rent and additional rent and observing and performing all the terms, covenants and conditions, on Tenant’s part to be observed and performed, Tenant may peaceably and quietly enjoy the premises hereby demised, subject,
nevertheless, to the terms and conditions of this lease including, but not limited to, Article 31 hereof and to the ground leases, underlying leases and mortgages hereinbefore mentioned. 
  
 Failure to Give Possession: 
  
 24. If Owner is unable to give possession of the demised premises on the date of the commencement of the term hereof, because of the holding-over
or retention of possession of any tenant, undertenant or occupants or if the demised premises are located in a building being constructed, because such building has not been sufficiently completed to make the premises ready for occupancy or because
of the fact that a certificate of occupancy has not been procured or for any other reason, Owner shall not be subject to any liability for failure to give possession on said date and the validity of the lease shall not be impaired under such
circumstances, nor shall the same be construed in any way to extend the term of this lease, but the rent payable hereunder shall be abated (provided Tenant is not responsible for Owner’s inability to obtain possession or complete construction)
until after Owner shall have given Tenant written notice that the Owner is able to deliver possession in condition required by this lease. If permission is given to Tenant to enter into the possession of the demises premises or to occupy premises
other than the demised premises prior to the date specified as the commencement of the term of this lease, Tenant covenants and agrees that such possession and/or occupancy shall be deemed to be under all the terms, covenants, conditions and
provisions of this lease except the obligation to pay the fixed annual rent set forth in the preamble to this lease. The provisions of this article are intended to constitute “an express provision to the contrary” within the meaning of
Section 223-a of the New York Real Property Law. 
  
 No Waiver: 

 
 25. The failure of Owner to seek redress for violation of, or to
insist upon the strict performance of any covenant or condition of this lease or of any of the Rules or Regulations, set forth or hereafter adopted by Owner, shall not prevent a subsequent act which would have originally constituted a violation from
having all the force and effect of an original violation. The receipt by Owner of rent and/or additional rent with knowledge of the breach of any covenant of this lease shall not be deemed a waiver of such breach and no provision of this lease shall
be deemed to have been waived by Owner unless such waiver be in writing signed by Owner. No payment by Tenant or receipt by Owner of a lesser amount than the monthly rent herein stipulated shall be deemed to be other than on account of the earliest
stipulated rent, nor shall any endorsement or statement of any check or any letter accompanying any check or payment as rent be deemed an accord and satisfaction, and Owner may accept such check or payment without prejudice to Owner’s right to
recover the balance of such rent or pursue any other remedy in this lease provided. No act or thing done by Owner or Owner’s agents during the term hereby demised shall be deemed an acceptance of a surrender of said premises, and no agreement
to accept such surrender shall be valid unless in writing signed by Owner. No employee of Owner or Owner’s agent shall have any power to accept the keys of said premises prior to the termination of the lease and the delivery of keys to any such
agent or employee shall not operate as a termination of the lease or a surrender of the premises. 
  
 Waiver of Trial by Jury: 
  
 26. It is mutually agreed by and between Owner and Tenant that the respective parties hereto shall and they hereby do waive trial by jury in any action proceeding or counterclaim brought by either of the parties hereto against the
other (except for personal injury or property damage) on any matters whatsoever arising out of or in any way connected with this lease, the relationship of Owner and Tenant, Tenant’s use of or occupancy of said premises, and any emergency
statutory or any other statutory remedy. It is further mutually agreed that in the event Owner commences any proceeding or action for possession including a summary proceeding for possession of the premises, Tenant will not interpose any
counterclaim of whatever nature or description in any such proceeding including a counterclaim under Article 4 except for statutory mandatory counterclaims. 
  
 Inability to Perform: 
  
 27. This Lease and the obligation of Tenant to pay rent hereunder and perform all of the other covenants and agreements hereunder on part of Tenant
to be performed shall in no way be affected, impaired or excused because Owner is unable to fulfill any of its obligations under this lease or to supply or is delayed in supplying any service expressly or impliedly to be supplied or is unable to
make, or is delayed in making any repair, additions, alterations or decorations or is unable to supply or is delayed in supplying any equipment, fixtures, or other materials if Owner is prevented or delayed from so doing by reason of strike or labor
troubles or any cause whatsoever including, but not limited to, government preemption or restrictions or by reason of any rule, order or regulation of any department or subdivision thereof of any government agency or by reason of the conditions
which have been or are affected, either directly or indirectly, by war or other emergency. 
  
 Bills and Notices: 
  
 28. Except as otherwise in this lease provided, a bill, statement, notice or communication which Owner may desire or be required to give to Tenant, shall be deemed sufficiently given or rendered if, in writing, delivered to Tenant
personally or sent by registered or certified mail addressed to Tenant at the building of which the demised premises form a part or at the last known residence address or business address of Tenant or left at any of the aforesaid premises addressed
to Tenant, and the time of the rendition of such bill or statement and of the giving of such notice or communication shall be deemed to be the time when the same is delivered to Tenant, mailed, or left at the premises as herein provided. Any notice
by Tenant to Owner must be served by registered or certified mail addressed to Owner at the address first hereinabove given or at such other address as Owner shall designate by written notice. 
  
 Services Provided by Owners: 
  
 29. As long as Tenant is not in default under any of the covenants of
this lease beyond the applicable grace period provided in this lease for the curing of such defaults, Owner shall provide: (a) necessary elevator facilities on business days from 8 a.m. to 6 p.m. and have one elevator subject to call at all other
times; (b) heat to the demised premises when and as required by law, on business days from 8 a.m. to 6 p.m.; (c) water for ordinary lavatory purposes, but if Tenant uses or consumes water for any other purposes or in unusual quantities (of which
fact Owner shall be the sole judge), Owner may install a water meter at Tenant’s expense which Tenant shall thereafter maintain at Tenant’s expense in good working order and repair to register such water consumption and Tenant shall pay
for water consumed as shown on said meter as additional rent as and when bills are rendered; (d) If the demised premises are serviced by Owner’s air conditioning/cooling and ventilating system, air conditioning/ cooling will be furnished to
tenant from May 15th through September 30th on business days (Mondays through Fridays, holidays excepted) from 8:00 a.m. to 6:00 p.m., and ventilation will be furnished on business days during the aforesaid hours except when air conditioning/cooling
is being furnished as aforesaid. If Tenant requires air conditioning/cooling or ventilation for more extended hours or on Saturdays, Sundays or on holidays, as defined under Owner’s contract with Operating Engineers Local 94-94A, Owner will
furnish the same at Tenant’s expense. RIDER to be added in respect to rates and conditions for such additional service; (e) Owner reserves the right to stop services of the heating, elevators, plumbing, air-conditioning, electric, power systems
or other services, if any, when necessary by reason of accident or for repairs, alterations, replacements or improvements necessary or desirable in the judgment of Owner for as long as may be reasonably required by reason thereof. If the building of
which the demised premises are a part supplies manually operated elevator service, Owner at any time may substitute automatic control elevator service and proceed diligently with alterations necessary therefor without in any way affecting this lease
or the obligation of Tenant hereunder. 
  
 Captions: 
  
 30. 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 provisions thereof. 
  
 Definitions: 
  
 31. The term “office”, or “offices”, wherever used in this lease, shall not be construed to mean premises used as a store or
stores, for the sale or display, at any time, of goods, wares or merchandise, of any kind, or as a restaurant, shop, booth, bootblack or other stand, barber shop, or for other similar purposes or for manufacturing. The term “Owner” means a
landlord or lessor, and as used in this lease means only the owner, or the mortgagee in possession, for the time being of the land and building (or the owner of a lease of the building or of the land and building) of which the demised premises form
a part, so that in the event of any sale or sales of said land and building or of said lease, or in the event of a lease of said building, or of the land and building, the said Owner shall be and hereby is entirely freed and relieved of all
covenants and obligations of Owner hereunder, and it shall be deemed and construed without further agreement between the parties or their successors in interest, or between the parties and the purchaser, at any such sale, or the said lessee of the
building, or of the land and building, that the purchaser or the lessee of the building has assumed and agreed to carry out any and all covenants and obligations of Owner, hereunder. The words “re-enter” and “re-entry” as used in
this lease are not restricted to their technical legal meaning. The term “business days” as used in this lease shall exclude Saturdays, Sundays and all days as observed by the State or Federal Government as legal holidays and those
designated as holidays by the applicable building service union employees service contract or by the applicable Operating Engineers contract with respect to HVAC service. Wherever it is expressly provided in this lease that consent shall not be
unreasonably withheld, such consent shall not be unreasonably delayed. 
  
 Adjacent Excavation Shoring: 
  
 32. If an
excavation shall be made upon land adjacent to the demised premises, or shall be authorized to be made, Tenant shall afford to the person causing or authorized to cause such excavation, license to enter upon the demised premises for the purpose of
doing such work as said person shall deem necessary to preserve the wall or the building of which demised premises form a part from injury or damage and to support the same by proper foundations without any claim for damages or indemnity against
Owner, or diminution or abatement of rent. 
  
 Rules and Regulations:

  
 33. Tenant and Tenant’s servants, employees,
agents, visitors, and licensees shall observe faithfully, and comply strictly with, the Rules and Regulations and such other and further reasonable Rules and Regulations as Owner or Owner’s agents may from time to time adopt. Notice of any
additional rules or regulations shall be given in such manner as Owner may elect. In case Tenant disputes the reasonableness of any additional Rule or Regulation hereafter made or adopted by Owner or Owner’s agents, the parties hereto agree to
submit the question of the reasonableness of such Rule or Regulation for decision to the New York office of the American Arbitration Association, whose determination shall be final and conclusive upon the parties hereto. The right to dispute the
reasonableness of any additional Rule or Regulation upon Tenant’s part shall be deemed waived unless the same shall be asserted by service of a notice, in writing upon Owner within fifteen (15) days after the giving of notice thereof. Nothing

  

 Page 4 of 6 

 
in this lease contained shall be construed to impose upon Owner any duty or obligation to enforce the Rules and Regulations or terms, covenants or conditions
in any other lease, as against any other tenant and Owner shall not be liable to Tenant for violation of the same by any other tenant, its servants, employees, agents, visitors or licensees. 
  
 Security: 
  
 34. Tenant has deposited with Owner the sum of $ See Rider as security for the faithful performance and observance by
Tenant of the terms, provisions and conditions of this lease; it is agreed that in the event Tenant defaults in respect of any of the terms, provisions and conditions of this lease, including, but not limited to, the payment of rent and additional
rent, Owner may use, apply or retain the whole or any part of the security so deposited to the extent required for the payment of any rent and additional rent or any other sum as to which Tenant is in default or for any sum which Owner may expend or
may be required to expend by reason of Tenant’s default in respect of any of the terms, covenants and conditions of this lease, including but not limited to, any damages or deficiency in the re-letting of the premises, whether such damages or
deficiency accrued before or after summary proceedings or other re-entry by Owner. In the event that Tenant shall fully and faithfully comply with all of the terms, provisions, covenants and conditions of this lease, the security shall be returned
to Tenant after the date fixed as the end of the Lease and after delivery of entire possession of the demised premises to Owner. In the event of a sale of the land and building or leasing of the building, of which the demised premises form a part,
Owner shall have the right to transfer the security to the vendee or lessee and Owner shall thereupon be released by Tenant from all liability for the return of such security; and Tenant agrees to look to the new Owner solely for the return of said
security, and it is agreed that the provisions hereof shall apply to every transfer or assignment made of the security to a new Owner. Tenant further covenants that it will not assign or encumber or attempt to assign or encumber the monies deposited
herein as security and that neither Owner nor its successors or assigns shall be bound by any such assignment, encumbrance, attempted assignment or attempted encumbrance. 
  
 Estoppel Certificate: 
  
 35. Tenant, at any time, and from time to time, upon at least 10 days’ prior notice by Owner, shall execute, acknowledge and deliver to Owner,
and/or to any other person, firm or corporation specified by Owner, a statement certifying that this Lease is unmodified and in full force and effect (or, if there have been modifications, that the same is in full force and effect as modified and
stating the modifications), stating the dates to which the rent and additional rent have been paid, and stating whether or not there exists any default by Owner under this Lease, and, if so, specifying each such default. 
  
 Successors and Assigns: 
  
 36. The covenants, conditions and agreements contained in this lease shall bind and inure to the benefit of Owner and
Tenant and their respective heirs, distributees, executors, administrators, successors, and except as otherwise provided in this lease, their assigns. Tenant shall look only to Owner’s estate and interest in the land and building, for the
satisfaction of Tenant’s remedies for the collection of a judgment (or other judicial process) against Owner in the event of any default by Owner hereunder, and no other property or assets of such Owner (or any partner, member, officer or
director thereof, disclosed or undisclosed), shall be subject to levy, execution or other enforcement procedure for the satisfaction of Tenant’s remedies under or with respect to this lease, the relationship of Owner and Tenant hereunder, or
Tenant’s use and occupancy of the demised premises. 

 Space to be filled
in or deleted. 
  
 SEE RIDER ANNEXED HERETO AND MADE A PART
HEREOF 
  
 In Witness Whereof, Owner and Tenant have respectively
signed and sealed this lease as of the day and year first above written. 
  

									
	 	 	 	 	 LANDLORD

			
	 Witness for Owner:
	 	 	 	SMII FIFTH AVENUE LLC
			
	 	 	 	 	By: Koll Bren Schreiber Realty Advisors, Inc., as Agent
				
	 	 	 	 	By:	 	 
	 Witness for Tenant:
	 	 	 	 	 	 Charles A. Valentino,
 Senior Vice President

			
	 	 	 	 	TENANT
			
	 	 	 	 	TIGRIS CONSULTING
				
	 	 	 	 	 By:
	 	 

  

 Page 5 of 6 

  
 GUARANTY 

 
 FOR VALUE RECEIVED, and in consideration for, and as an inducement to
Owner making the within lease with Tenant, the undersigned guarantees to Owner, Owner’s successors and assigns, the full performance and observance of all the covenants, conditions and agreements, therein provided to be performed and observed
by Tenant, including the “Rules and Regulations” as therein provided, without requiring any notice of non-payment, non-performance, or non-observance, or proof, or notice, or demand, whereby to charge the undersigned therefor, all of which
the undersigned hereby expressly waives and expressly agrees that the validity of this agreement and the obligations of the guarantor hereunder shall in no way be terminated, affected or impaired by reason of the assertion by Owner against Tenant of
any of the rights or remedies reserved to Owner pursuant to the provisions of the within lease. The undersigned further covenants and agrees that this guaranty shall remain and continue in full force and effect as to any renewal, modification or
extension of this lease and during any period when Tenant is occupying the premises as a “statutory tenant.” As a further inducement to Owner to make this lease and in consideration thereof, Owner and the undersigned covenant and agree
that in any action or proceeding brought by either Owner or the undersigned against the other on any matters whatsoever arising out of, under, or by virtue of the terms of this lease or of this guarantee that Owner and the undersigned shall and do
hereby waive trial by jury. 
  

					
			
	 Dated: 
	 	 	 	19        
			
	 	 	 	 	 
	 Guarantor
	 	 
			
	 	 	 	 	 
	 Witness
	 	 

  

			
		
	 	 	 
	 Guarantor’s Residence

		
	 	 	 
	 Business Address

		
	 	 	 
	 Firm Name

  

					
	 STATE OF NEW YORK
	  	)	  	ss.:
			
	 COUNTY OF
	  	)	  	 

  
 On this
             day of                     , 19
            , before me personally came
                             to me known and known to me to be the individual described in, and who
executed the foregoing Guaranty and acknowledged to me that he executed the same. 
  

	
	
	 
	Notary

  
 IMPORTANT :
PLEASE READ 
  
 RULES AND REGULATIONS ATTACHED TO AND

 MADE A PART OF THIS LEASE 
 IN ACCORDANCE WITH ARTICLE 33. 
  
 1. The sidewalks,
entrances, driveways, passages, courts, elevators, vestibules, stairways, corridors or halls shall not be obstructed or encumbered by any Tenant or used for any purpose other than for ingress or egress from the demised premises and for delivery of
merchandise and equipment in a prompt and efficient manner using elevators and passageways designated for such delivery by Owner. There shall not be used in any space, or in the public hall of the building, either by any Tenant or by jobbers or
others in the delivery or receipt of merchandise, any hand trucks, except those equipped with rubber tires and sideguards. If said premises are situated on the ground floor of the building, Tenant thereof shall further, at Tenant’s expense,
keep the sidewalk and curb in front of said premises clean and free from ice, snow, dirt and rubbish. 
  
 2. The water and wash closets and plumbing fixtures shall not be used for any purposes other than those for which they were designed or constructed and no sweepings, rubbish, rags, acids or other substances
shall be deposited therein, and the expense of any breakage, stoppage, or damage resulting from the violation of this rule shall be borne by the Tenant who, or whose clerks, agents, employees or visitors, shall have caused it. 
  
 3. No carpet, rug or other article shall be hung or shaken out of any window of the
building and no Tenant shall sweep or throw or permit to be swept or thrown from the demised premises any dirt or other substances into any of the corridors or halls, elevators, or out of the doors or windows or stairways of the building and Tenant
shall not use, keep or permit to be used or kept any foul or noxious gas or substance in the demised premises, or permit or suffer the demised premises to be occupied or used in a manner offensive or objectionable to Owner or other occupants of the
building by reason of noise, odors, and/or vibrations, or interfere in any way with other Tenants or those having business therein, nor shall any bicycles, vehicles, animals, fish, or birds be kept in or about the building. Smoking or carrying
lighted cigars or cigarettes in the elevators of the building is prohibited. 
  
 4. No awnings or other projections shall be attached to the outside walls of the building without the prior written consent of Owner. 
  
 5. No sign, advertisement, notice or other lettering shall be exhibited, inscribed, painted or affixed by any Tenant on any part of the outside of the demised
premises or the building or on the inside of the demised premise if the same is visible from the outside of the premises without the prior written consent of Owner, except that the name of Tenant may appear on the entrance door of the premises. In
the event of the violation of the foregoing by any Tenant, Owner may remove same without any liability, and may charge the expense incurred by such removal to Tenant or Tenants violating this rule. Interior signs on doors and directory tablet shall
be inscribed, painted or affixed for each Tenant by Owner at the expense of such Tenant, and shall be of a size, color and style acceptable to Owner. 
  
 6. No Tenant shall mark, paint, drill into, or in any way deface any part of the demised premises or the building of which they form a part. No boring, cutting or
stringing of wires shall be permitted, except with the prior written consent of Owner, and as Owner may direct. No Tenant shall lay linoleum, or other similar floor covering, so that the same shall come in direct contact with the floor of the
demised premises, and, if linoleum or other similar 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. 
  
 7. No additional
locks or bolts of any kind shall be placed upon any of the doors or windows by any Tenant, nor shall any changes be made in existing locks or mechanism thereof. Each Tenant must, upon the termination of his Tenancy, restore to Owner all keys of
stores, offices and toilet rooms, either furnished to, or otherwise procured by, such Tenant, and in the event of the less of any keys, so furnished, such Tenant shall pay to Owner the cost thereof. 
  
 8. Freight, furniture, business equipment, merchandise and bulky matter of any
description shall be delivered to and removed from the premises only on the freight elevators and through the service entrances and corridors, and only during hours and in a manner approved by Owner. Owner reserves the right to inspect all freight
to be brought into the building and to exclude from the building all freight which violates any of these Rules and Regulations of the lease or which these Rules and Regulations are a part. 
  
 9. Canvassing, soliciting and peddling in the building is prohibited and each Tenant
shall cooperate to prevent the same. 
  
 10. Owner reserves the right to
exclude from the building all persons who do not present a pass to the building signed by Owner. Owner will furnish passes to persons for whom any Tenant requests same in writing. Each Tenant shall be responsible for all persons for whom he requests
such pass and shall be liable to Owner for all acts of such persons. Tenant shall not have a claim against Owner by reason of Owner excluding from the building any person who does not present such pass. 
  
 11. Owner shall have the right to prohibit any advertising by any Tenant which in
Owner’s opinion, tends to impair the reputation of the building or its desirability as a building for offices, and upon written notice from Owner, Tenant shall refrain from or discontinue such advertising. 
  
 12. Tenant shall not bring or permit to be brought or kept in or on the demised
premises, any inflammable, combustible, explosive, or hazardous fluid, material, chemical or substance, or cause or permit any odors of cooking or other processes, or any unusual or other objectionable odors to permeate in or emanate from the
demised premises. 
  
 13. If the building contains central air conditioning
and ventilation, Tenant agrees to keep all windows closed at all times and to abide by all rules and regulations issued by Owner with respect to such services. If Tenant requires air conditioning or ventilation after the usual hours, Tenant shall
give notice in writing to the building superintendent prior to 3:00 p.m. in the case of services required on week, days, and prior to 3:00 p.m. on the day prior in case of after hours service required on weekends or on holidays. Tenant shall
cooperate with Owner in obtaining maximum effectiveness of the cooling system by lowering and closing Venetian blinds and/or drapes and curtains when the sun’s rays fall directly on the windows of the demised premises. 
  
 14. Tenant shall not move any safe, heavy machinery, heavy equipment, bulky matter, or
fixtures into or out of the building without Owner’s prior written consent. If such safe, machinery, equipment, bulky matter or fixtures requires special handling, all work in connection therewith shall comply with the Administrative Code or
the City of New York and all other laws and regulations applicable thereto and shall be done during such hours as Owner may designate. 
  
 15. Refuse and Trash. (1) Compliance by Tenant. Tenant covenants and agrees, at its sole cost and expense, to comply with all present and future laws, orders, and
regulations of all state, federal, municipal, and local governments, departments, commissions and boards regarding the collection, sorting, separation and recycling of waste products, garbage, refuse and trash. Tenant shall sort and separate such
waste products, garbage, refuse and trash into such categories as provided by law. Each separately sorted category of waste products, garbage, refuse and trash shall be placed in separate receptacles reasonably approved by Owner. Such separate
receptacles may, at Owner’s option, be removed from the demised premises in accordance with a collection schedule prescribed by law. Tenant shall remove, or cause to be removed by a contractor acceptable to Owner, at Owner’s sole
discretion, such items as Owner may expressly designate. (2) Owner’s Rights in Event of Noncompliance. Owner has the option to refuse to collect or accept from Tenant waste products, garbage, refuse or trash (a) that is not separated and sorted
as required by law or (b) which consists of such items as Owner may expressly designate for Tenant’s removal, and to require Tenant to arrange for such collection at Tenant’s sole cost and expense, utilizing a contractor satisfactory to
Owner. Tenant shall pay all costs, expenses, fines, penalties, or damages that may be imposed on Owner or Tenant by reason of Tenant’s failure to comply with the provisions of this Building Rule 15, and, at Tenant’s sole cost and expense,
shall indemnity, defend and hold Owner harmless (including reasonable legal fees and expenses) from and against any actions, claims and suits arising from such noncompliance, utilizing counsel reasonably satisfactory to Owner. 
  
 Address 
  
 Premises 
  

  
 To 
  

  
 STANDARD FORM OF 
  
 

 
  
 The Real Estate Board of New
York, Inc. 
 © Copyright 1994. All rights Reserved. 
 Reproduction in whole or in 
 part prohibited. 
  

 Dated
                     19             
  
 Rent Per Year 
  
 Rent Per Month 
  
 Term 
 From 
 To 
  
 Drawn by
                                        
     
  
 Checked
by                                       
    
  
 Entered
by                                       
      
  
 Approved
by                                       
   
  

  

 Page 6 of 6 

  
 ADDITIONAL CLAUSES
ATTACHED TO 
 AND FORMING A PART OF LEASE DATED 
 JULY      , 2000 BETWEEN SMII FIFTH 
 AVENUE LLC, AS LANDLORD, AND

 TIGRIS CONSULTING, AS TENANT 
  
 IN THE EVENT OF ANY INCONSISTENCIES BETWEEN THE PROVISIONS OF THIS RIDER AND THE PREPRINTED FORM LEASE TO WHICH IT IS ATTACHED, THE PROVISIONS OF THIS
RIDER SHALL CONTROL.  
  
 37. DEMISED PREMISES ACCEPTED AS-IS: POSSESSION: Tenant acknowledges that neither Landlord nor Landlord’s agent has made any representations or promises with
regard to the Demised Premises for the term herein demised. Tenant acknowledges that Tenant has inspected the Demised Premises and agrees to accept same “as is” and that Landlord shall not be obligated to make any repairs, alterations,
improvements or additions to prepare said Demised Premises for Tenant’s occupancy whatsoever, except that Landlord has agreed to (i) perform that certain work expressly set forth on Exhibit “B” annexed hereto and made a part hereof
(the “Landlord’s Base Building Work”) and (ii) perform that certain work expressly set forth on Exhibit “C” annexed hereto and made a part hereof (collectively, the “Landlord’s Work”). 
  

	38.	USE: 

  
 (A) Subject to and in accordance with the rules, regulations, laws, ordinances, statutory limitations and requirements of all governmental authorities and the fire insurance rating organization and board of fire
underwriters and any similar bodies having jurisdiction thereof, Tenant covenants and agrees that it shall use the Demised Premises solely for general office use and for no other purpose. 
  
 (B) Tenant agrees that (i) Landlord shall have the right to prohibit the continued use by Tenant of any method of operation,
advertising or interior display which shall be in violation of the use permitted herein. Tenant will not encumber or obstruct or permit to be encumbered or obstructed any hallway, service elevator, stairway or passageway in the Building. Tenant
hereby indemnifies and holds harmless the Landlord and its lender, agent, tenants and invitees from any and all loss, cost or expense incurred by reason of the Tenant’s use or manner of use of the Demised Premises, the Building and any common
areas therein or thereon. 
  
 (C) Tenant acknowledges that the
Demised Premises are located in a first-class commercial building, that the provisions of this Article 38 are a material inducement to the Landlord for the execution of this Lease and that a default by Tenant hereunder shall be deemed a material
default by Tenant hereunder shall be deemed a material default entitling Landlord to exercise any or all of the remedies provided in this Lease. 
  
 39. RENTAL: The payments reserved under this Lease for the term hereof shall be and consist of the aggregate of: 
  
 (A) “Minimum Rent” during the term of the Lease shall be as
follows: 
  

							
	 Lease Months

	  	Annual Minimum Rental

	  	Monthly Minimum Rental

	 1-60
	  	$	320,178.00	  	$	26,681.50
	 61-123
	  	$	339,012.00	  	$	28,251.00

  
 The first “Lease
Year” shall commence on the commencement date of this Lease (the “Commencement Date”), which shall be the earlier of (a) the date of substantial completion by Landlord of the Landlord’s Base Building Work or (b) the date that
Tenant first occupies the Demised Premises, and shall end with the expiration of the next succeeding twelve (12) months, plus the number of days, if any, required to have the period end at the expiration of the calendar month, and each succeeding
“Lease Year” shall run concurrently with each succeeding period of twelve (12) calendar months. 
  

 The first “Lease Month” shall commence on (a) the Commencement Date, if said date falls on the
first day of the first month of the Lease, or (b) if the Commencement Date does not fall on the first day of the first month, the first Lease Month shall begin on the first day of the first full month beginning after the Commencement Date. If the
Commencement Date is not the first day of a month, the rent for the fractional portion of the month preceding the first Lease Month shall be calculated on a pro-rata basis, based on the Minimum Rent payable during the first Lease Month, beginning
with and including the Commencement Date through the last day of that month, using the actual number of days in that month and Minimum Rent for said fractional period shall be payable upon Tenant’s Lease execution together with the first full
monthly Minimum Rent payment. 
  
 Tenant shall, at Landlord’s
option, within five (5) days of written request made by Landlord to Tenant, execute the certificate (the “Landlord’s Base Building Work Certificate”) annexed hereto as Exhibit “D” certifying the exact date of substantial
completion by Landlord of Landlord’s Base Building Work in the Demised Premises, the Commencement Date, Rent Commencement Date and Expiration Date of this Lease, and such dates shall be deemed conclusive for purposes of this Article and this
Lease. The failure by Tenant to so execute the Landlord’s Base Building Work Certificate in good faith by the date so specified above shall constitute a default by Tenant under this Lease. 
  
 The expiration date of this Lease and the end of the term of this Lease shall
be the last day of the one hundred twenty third (123rd) Lease Month following the last day of the month in which the day next preceding the Commencement Date occurs (the “Expiration Date”). 
  
 Minimum Rent shall be payable in advance, on the first (1st) day of each
calendar month during the term of this Lease. Tenant shall pay such Minimum Rent to Landlord, in advance, without any set-off, offset, abatement or deduction whatsoever and without notice or demand, in lawful money of the United States of America,
by check made payable to K/B Realty Advisors, Inc-261 Fifth Avenue, and delivered or sent by United States Mail (first class or express) addressed to K/B Realty Advisors, Inc-261 Fifth Avenue, c/o Harris Bank, 33450 Treasury Center, Chicago,
Illinois 60694-3500 or to such other place or to such other person as Landlord may designate from time to time by written notice to the Tenant. If this Lease commences or ends on a day other than the first day of a calendar month, then the rental
for such partial month shall be prorated on the basis of the number of days elapsed for said month. 
  
 Tenant’s obligation to pay Minimum Rent shall commence (the “Rent Commencement Date”) on the first (1st) day of the fourth (4th) full Lease
Month of the Lease. If the Commencement Date is not the first day of a month, the rent for the fractional portion of the month preceding the first Lease Month shall be calculated on a pro-rata basis, based on the Minimum Rent payable during the
first Lease Month, beginning with and including the Commencement Date through the last day of that month, using the actual number of days in that month and Minimum Rent for said fractional period shall be payable upon Tenant’s Lease execution
together with the first full monthly Minimum Rent payment (and Minimum Rent for said fractional period shall not be abated hereunder). Notwithstanding the foregoing, Tenant acknowledges and agrees that the Electric Inclusion Amount (as such term is
hereinafter defined) portion of the Minimum Rent shall be due and payable commencing on the Commencement Date of this Lease and there shall be no abatement whatsoever of the obligation of Tenant to pay the Electric Inclusion Amount portion of the
Minimum Rent from and after the Commencement Date of the Lease. Except as hereinabove described, there shall be no abatements of Minimum Rent or Additional Rent under this Lease. 
  
 (B) “Additional Rent”, consisting of all such other sums of money as shall become due from and payable by Tenant
to Landlord hereunder (for default in payment of which Landlord shall have the same remedies as a default in payment of Minimum Rent). 
  
 (C) The obligation of Tenant to pay all sums of Additional Rent and electricity charges (including, without limitation, the Electric Inclusion Amount) to
Landlord shall commence on the Commencement Date of the Lease and there shall be no abatement whatsoever of the obligation of Tenant to pay all sums of Additional Rent and electricity charges (including, without limitation, the Electric Inclusion
Amount) during any period or part of any Lease Year during the term of the Lease. 
  

 2 

 40. TENANT’S INSTALLATIONS: Except for Landlord’s Base Building Work and Landlord’s Work, all work
necessary or desirable to make the Demised Premises suitable for Tenant’s use and occupancy, including, without limitation, Tenant’s initial installation in the Demised Premises for the conduct of its business, shall be performed by Tenant
at Tenant’s own cost and expense (hereinafter called “Tenant’s Work”). Tenant’s Work shall include, without limitation, Tenant’s Initial Installation (hereinafter defined). Tenant’s Work to be performed by Tenant
in the Demised Premises shall be subject to the following conditions: 
  
 (A) Tenant shall comply with all of the laws, orders, rules and regulations of all governmental authorities, and of the fire insurance rating organization having jurisdiction thereof, and the local board of fire underwriters, or any similar
body, and Tenant shall procure and pay for, so far as the same may be required, all governmental permits and authorizations. In performing Tenant’s Work and any alterations or installations, Tenant shall be responsible for compliance with and
for the cost of compliance with all applicable governmental rules and regulations, including, without limitation, The Americans With Disabilities Act of 1990, Public Law 101-336 42 U.S.C. Secs. 12101 et seq. together with all amendments thereto
which may be adopted from time to time, and all regulations and rules promulgated thereunder; 
  
 (B) Prior to commencing Tenant’s Work, all plans and specifications therefor shall be submitted to Landlord for Landlord’s prior written approval. In connection with Landlord’s or its agents or other
professionals review, modification, approval, supervision or coordination of plans and specifications for any of Tenant’s Work, Tenant shall promptly upon demand therefor reimburse Landlord or its agents or other professionals for any out of
pocket fees, expenses and other charges incurred in connection with the review, modification, approval, supervision or coordination of such plans and specifications. In the event Tenant shall employ any contractor and/or subcontractor to do any work
in the Demised Premises permitted by this Lease, such contractor and any subcontractor must be licensed and bonded and said contractor and any subcontractor shall agree to employ only such labor as will not result in jurisdictional disputes or
strikes or result in causing disharmony with other workers employed at the Building. Tenant shall inform Landlord in writing of the names of any contractor or subcontractor Tenant proposes to use in the Demised Premises at least 15 days prior to the
beginning of work by such contractor or subcontractor and Landlord shall have the right to approve-or disapprove such contractors or subcontractors, with such approval not to be unreasonably withheld, conditioned or delayed. Tenant shall only use a
fire-alarm contractor pre-approved by Landlord’s managing agent for the Building; 
  
 (C) Tenant’s Work shall be prosecuted (i) with reasonable dispatch, (ii) in accordance with the plans and specifications submitted to, and approved in writing by, Landlord pursuant to subparagraph (B) hereof and
(iii) only with the use of new first class materials and supplies; 
  
 (D) Tenant shall make all necessary payments required so that the Demised Premises and Building shall upon completion of Tenant’s Work be free of liens for labor and materials supplied in connection with Tenant’s Work; 

 
 (E) Prior to commencing Tenant’s Work, Tenant shall at its own cost
and expense deliver to Landlord an endorsement of its policy of comprehensive general liability insurance referred to in Article 46 of this Lease, covering the risk during the course of performance of Tenant’s Work, together with proof of
payment of such endorsement, which policy as endorsed shall protect Landlord in the same amounts against any claims or liability arising out of Tenant’s Work, and Tenant or Tenant’s contractors shall obtain workmen’s compensation
insurance to cover all persons engaged in Tenant’s Work; 
  
 (F) Tenant guarantees to Landlord that Tenant’s Work shall be promptly completed and paid for, and upon completion the Demised Premises and the Building shall be free and clear of all liens, encumbrances, chattel mortgages, conditional
bills of sale and other charges, and Tenant’s Work shall be completed in accordance with the plans and specifications approved by Landlord; 
  
 (G) Notwithstanding anything herein contained to the contrary, Tenant shall make all repairs to the Demised Premises necessitated by Tenant’s Work
permitted hereunder, and shall keep 

  

 3 

 
and maintain in good order and condition all of the installations in connection with Tenant’s Work, and shall make all necessary replacements thereto;

  
 (H) All of Tenant’s Work shall be done in such a manner
so as not to interfere with, delay, or impose any additional expense upon Landlord in the maintenance or operation of the Building. In no event shall Landlord be required to consent to any of Tenant’s Work which would physically affect any part
of the Building outside of the Demised Premises or would, in Landlord’s sole judgment, adversely affect the proper functioning of any of the mechanical, electrical, sanitary or other systems of the Building. The approval by Landlord of any of
Tenant’s plans and specifications shall not constitute an assumption of any liability on the part of the Landlord for their accuracy or their conformity which applicable law, and Tenant shall be solely responsible therefor. Approval by Landlord
of any Tenant’s plans and specifications shall not constitute a waiver by Landlord of the right to thereafter require Tenant to amend same to provide for omissions therein later discovered by Landlord; and 
  
 (I) Subject to the terms and conditions set forth below, Landlord shall
reimburse Tenant up to a maximum amount of $188,340.00 (“Landlord’s Contribution”) for costs incurred and actually expended by Tenant in connection with Tenant’s initial installation in the Demised Premises for the conduct of its
business (including architectural, engineering, expediting and other consulting fees, and all necessary building department permits and approvals, but not including personal property not constituting a permanent leasehold improvement) (collectively,
the “Tenant’s Initial Installation”). Tenant’s Initial Installation shall be deemed to be a part of the Tenant’s Work. Notwithstanding anything to the contrary set forth in this Lease, Tenant unconditionally acknowledges and
agrees that no more than $28,251.00 of the Landlord’s Contribution may be used by Tenant for the payment of construction-related soft costs (which includes architectural fees, engineering fees, expediting and other consulting fees and permit
and filing fees) and mill work associated with the Tenant’s Initial Installation. Tenant herein acknowledges and agrees that Tenant’s Initial Installation in the Demised Premises shall be done by Tenant so as to comply in all respects with
any and all requirements of the Americans With Disabilities Act and Tenant shall ensure that the Demised Premises shall fully comply with this law during the entire term of this Lease. Landlord shall disburse from time to time, but not more often
than once in any thirty (30) day period, within ten (10) business days after receipt of Tenant’s request therefor, that portion of Landlord’s Contribution equal to the amount set forth in Tenant’s reimbursement requisition; provided
however, that no reimbursement requisition shall be made if, and for so long as, Tenant shall be in monetary default under this lease or non-monetary default under this Lease beyond any applicable notice and cure period. No reimbursement requisition
shall be made until receipt of a written request therefor from Tenant and the submission by Tenant of the following: 
  
 (1) A certificate signed by Tenant and Tenant’s architect, and a fully-completed, fully-executed AIA Form G702, also signed by Tenant and
Tenant’s architect, dated not more than ten (10) days prior to such request, setting forth (a) the sum which was previously paid to all contractors, subcontractors, materialmen, engineers, architects and other persons who have rendered services
or furnished materials in connection with Tenant’s Initial Installation, (b) a brief description of such services and materials and the amounts previously paid and which are to be reimbursed to Tenant from such reimbursement requisition, (c)
that the work described in the certificate has been completed substantially in accordance with the final plans which were approved in writing by the Landlord (this statement need not be made by Tenant, only by Tenant’s architect), (d) that
there has not been filed with respect to the Demised Premises or the Building or any part thereof or any improvements thereon, any vendor’s, mechanic’s, laborer’s, materialmen’s or other like liens arising out of Tenant’s
Initial Installation which has not been discharged of record, and (e) that Tenant has complied with all of the conditions set forth in this Lease applicable to alterations, including the requirement that Tenant comply with all applicable law
(statements (d) and (e) need not be made by Tenant’s architect, only by Tenant); 
  
 (2) Partial lien waivers in recordable form, paid receipts, paid invoices and such other proof of payment as Landlord shall reasonably require for all work done and materials supplied and amounts paid to such vendors
prior to the current reimbursement requisition and with respect also to work done and materials supplied and amounts paid to such vendors for the current reimbursement requisition; 
  

 4 

 (3) A copy of an estoppel certificate as executed by the Tenant in form and substance acceptable to
Landlord and its mortgagee and containing such terms as are acceptable to Landlord and its mortgagee in their sole and absolute discretion; and 
  
 (4) Copies of all permits and any and all plans and specifications (including, without limitation, as built plans and specifications) for the work
performed by Tenant. 
  
 (J) Anything in this Article to the
contrary notwithstanding, Landlord shall not be required to expend or reimburse the final ten percent (10%) of Landlord’s Contribution until it has received final lien waivers in recordable form, paid receipts and such other proof of payment as
Landlord shall reasonably require for all work done and materials supplied and amounts paid to such vendors prior to and with respect to amounts and payments covered by the current requisition, and until Landlord has also received from Tenant’s
architect all certificates of final approval required by any governmental or quasi - governmental body in respect of Tenant’s Initial Installation. Following completion of Tenant’s Work and the Tenant’s Initial Installation, Tenant
shall cause Tenant’s architect to obtain and such architect shall be responsible for obtaining final approval of Tenant’s Work and the Tenant’s Initial Installation from the New York City Department of Buildings and other regulatory
bodies having jurisdiction. In addition, Tenant shall be required to sign a written statement in form satisfactory to Landlord acknowledging the total cost of Tenant’s Initial Installation and further acknowledging that all contractors,
subcontractors, materialmen, engineers, architects and other persons who have rendered services or furnished materials in connection with Tenant’s Initial Installation have been previously paid in full. Notwithstanding anything to the contrary
set forth in this Lease, the Tenant acknowledges that if the final ten percent (10%) of Landlord’s Contribution has not been drawn down by the Tenant or reimbursed to the Tenant within three hundred sixty (360) days of the Commencement Date of
this Lease, then Tenant shall be deemed to have unconditionally and forever forfeited any rights to the final ten percent (10%) of Landlord’s Contribution and Landlord shall be entitled to retain said sum. 
  
 (K) Any modifications, changes or alterations to the Class E fire safety
system for the floor in the Building on which the Demised Premises are located ( “Fire Safety System”) which are performed after the Commencement Date, including without limitation, installing speakers, strobes and pull stations, making
modifications to the reentry door(s) and making other Class E installations and hookups and making modifications to said Fire Safety System, shall be performed by Tenant at its sole cost and expense and shall be deemed to be a part of the
Tenant’s Initial Installation. The work to be performed by Tenant in and to the Fire Safety System shall be described in Tenant’s plans and specifications therefor and shall be reimbursed as part of Landlord’s Contribution. Prior to
the date of Tenant’s initial occupancy of the Demised Premises, Tenant shall deliver to the Landlord written proof consisting of a letter issued by the Building’s Fire Safety System vendor/service provider indicating that all Fire Safety
System devices located on the floor on which the Demised Premises are located are functioning properly. At such time that the foregoing is provided, Tenant shall also deliver to Landlord a schedule indicating the dates for the pre-testing and final
testing of the Fire Safety System, with said schedule to provide for final testing to be completed no later than six (6) months from the date of the initial filing of plans for the Tenant’s Premises Initial Installation with the Building
Department. The work to be performed by Tenant in and to the Fire Safety System shall be a part of the Tenant’s Initial Installation, shall be described in Tenant’s plans and specifications therefor and shall be reimbursed as part of
Landlord’s Contribution. Tenant may use only the contractor or contractors designated by Landlord with respect to any Tenant’s Work to the Fire Safety System. Subsequent to any Tenant’s work to be performed in and to the Fire Safety
System, such system shall be repaired and maintained only by the contractors designated by Landlord from time to time, at Tenant’s cost. Together with the plans and specifications for the Tenant’s Initial Installation, Tenant shall provide
to the Landlord and it’s engineer for its written approval and comment thereto (with such approval and comment thereto not to be unreasonably withheld, delayed or conditioned) the specifications outlining the design and modifications to be made
by the Tenant to the Fire Safety System for the floor on which the Additional Demised Premises are located. Once Landlord and its engineer approve in writing said plans and specifications for the modification of the Fire Safety System, same shall be
forwarded to the service provider for the Fire Safety System. The parties agree that the costs incurred in connection with the modification kit for the Fire Safety System for the floor on which the Demised Premises are located shall be paid by
Tenant as Additional Rent within ten (10) days of being billed therefor by the Landlord. 
  

 5 

 Tenant herein acknowledges that Landlord may, at its sole option, elect to use any portion of the
Landlord’s Contribution in order to correct and/or remedy any violations assessed due to Tenant failure to modify or alter the Fire Safety System in compliance with applicable law or otherwise to remedy any noncompliance by Tenant with any of
its covenants or undertakings as provided for in the Lease. If Landlord elects to do any or all of the foregoing, then Tenant herein authorizes Landlord and grants to Landlord an irrevocable power of attorney to complete and execute any forms or
documents on Tenant’s behalf which may be necessary or required in order to perform any of the foregoing. Notwithstanding the foregoing, Tenant acknowledges that Landlord shall have no legal obligation to do any of the foregoing and the sole
responsibility and legal obligation for same shall rest solely with Tenant. 
  
 41. ELECTRICITY: 
  
 Section 41.1.
Landlord shall furnish the electric energy that Tenant reasonably requires in the Demised Premises on a rent inclusion basis. That is, the Minimum Rent includes the “Electric Inclusion Amount”, which the parties agree is $18,834.00 per
Lease Year, $1,569.50 per month (which sum is equal to $3.00 per rentable square foot in the Demised Premises) (as adjusted pursuant to this Article 41), and which the parties have agreed is the reasonable value to Tenant of normal electric service
for lighting, light office equipment and the usual small business machines (including facsimile machines, personal computers and photocopying machines) during normal weekday operating hours of the Building. Accordingly, there shall be no charge to
Tenant for such electric energy by way of measuring the same on any meter or otherwise, such electric energy being included in Landlord’s services which are covered by the Minimum Rent. Landlord shall not be liable in any way to Tenant for any
interruption or failure of or defect in the supply or character of electric energy furnished to the Demised Premises (other than due to the gross negligence or willful misconduct of Landlord or its officers, agents, contractors or employees) 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, whether by reason of any requirement, act or omission of the public utility
serving the Building with electricity or for any other reason. 
  
 Section 41.2. Tenant shall at all times comply with the rules, regulations, terms and conditions applicable to service, equipment, wiring and requirements of the public utility supplying electricity to the Building. Tenant agrees
that at no time will the connected electrical load in the Demised Premises exceed in the aggregate six (6) watts demand load per useable square foot of the Demised Premises (excluding HVAC). Tenant shall not, without Landlord’s prior written
consent in each instance, connect any fixtures, machinery, appliances or equipment to the building electric distribution system or make any alteration or addition to Tenant’s machinery, appliances or equipment, or the electric system of the
Demised Premises, if the effect thereof would be to increase the electrical load in the Demised Premises over the load specified in this Section 41.2 or in Section 41.4. Should Landlord grant such consent, all additional risers or other equipment
required therefor shall be provided by Landlord and the cost thereof (including a connection fee of $350 per kilovolt ampere) shall be paid by Tenant within thirty (30) days after Landlord’s written demand. 
  
 Section 41.3. If the public utility rate schedule for the supply of
electric energy to the Building and/or the surcharge for fuel cost or any other charge made by the public utility supplying electric energy to the Building and/or the taxes payable by Landlord with respect to such electric energy are increased after
the date of this Lease and/or the service classification at which Landlord purchases electric energy is changed after the date of this Lease resulting in an increase in the cost to Landlord of electrical energy, the Minimum Rent shall be increased
by an amount equal to the product of (i) the then-existing Electric Inclusion Amount and (ii) the percentage increase in such public utility rate schedule, fuel adjustment or other charge, taxes or cost. Any such increase shall be effective as of
the date of such increase and shall be made retroactively if necessary. Upon the request of either party, Landlord and Tenant shall execute a supplementary agreement (in form reasonably approved by Tenant) confirming the aforesaid increase. In no
event shall the provisions of this Section 41.3 operate to reduce the Minimum Rent below the amount stated in Article 39 nor the Electric Inclusion Amount below the amount stated in this Article. 
  
 Section 41.4. The Electric Inclusion Amount is based upon
Landlord’s assumption that Tenant’s initial electrical installation will not result in a total connected electrical load for lighting, and equipment will not be in excess of, six (6) watts demand load per useable square foot of the 

  

 6 

 
Demised Premises (excluding HVAC) and that Tenant will, except for the purpose of office cleaning, use electrical energy only during normal weekday operating
hours of the Building. Accordingly, if Tenant’s initial electrical installation exceeds such criteria, or if from time to time Tenant makes material use of electricity during hours other than normal weekday operating hours of the Building, or
if from time to time Tenant after completion of its initial installation adds or changes any machinery, appliances or equipment which increases the aggregate electrical load in the Demised Premises, the Electric Inclusion Amount and the Minimum Rent
shall from time to time be equitably adjusted to reflect the resulting increase in such use. In addition, Landlord shall have the right to conduct a periodic survey of Tenant’s actual electrical usage and increase the Electric Inclusion Amount
if the survey indicates the Tenant’s usage of electricity exceeds the cost of $3.00 per rentable square feet of the Demised Premises. Landlord shall furnish a statement of Landlord’s determination as to the amount of the adjustment, and
the same shall become binding upon the parties unless, within thirty (30) days, Tenant notifies Landlord that it disputes the amount of such adjustment, in which event the parties shall in good faith make reasonable attempts to come to agreement,
and, if Landlord and Tenant cannot agree thereon, the amount of such adjustment shall be determined, based on standard practices, by an independent electrical consultant selected by Landlord. Tenant shall permit said consultant to have access to the
Demised Premises and Tenant’s electrical facilities for the foregoing purpose at all reasonable times. The fee of such consultant shall be paid by Tenant unless such consultant finds that Tenant’s use does not justify an increase in
Minimum Rent, in which case the fee shall be paid by Landlord. When the amount of such adjustment is so determined, Landlord and Tenant shall execute a supplementary agreement to reflect such adjustment, which shall be effective from the date of the
increase of such usage as determined by such electrical consultant and shall be made retroactively if necessary. Any adjustment shall be effective even if such supplementary agreement (in form reasonably approved by Tenant) is not executed and
delivered. Pending the determination of the adjustment, Tenant shall pay to Landlord the amount of such adjustment as specified in Landlord’s statement. Thereafter, if it is determined that Tenant has overpaid, Tenant shall receive a credit
against Minimum Rent in the amount of the overpayment, said credit to be applied against the next accruing installment(s) of Minimum Rent. 
  
 Section 41.5. Landlord reserves the right to discontinue furnishing electric energy to the Demised Premises at any time upon not less than ninety
(90) days notice to Tenant provided that Landlord shall not exercise such right unless it discontinues furnishing electricity to a substantial portion of the Building, except that if Tenant, despite its diligent efforts, shall be unable to obtain
electric service from the public utility within such 90-day period, Landlord shall continue to furnish electricity to Tenant until such time as Tenant would have been able to obtain such electricity had Tenant continued to exercise its diligent
efforts to do so. If Landlord exercises such right of termination, this Lease shall continue in full force and effect and shall be unaffected thereby, except only that, from and after the effective date of such discontinuance, Landlord shall not be
obligated to furnish electric energy to Tenant, and the Minimum Rent payable under this Lease shall be reduced by the Electric Inclusion Amount then in effect. If Landlord voluntarily discontinues furnishing electric energy to Tenant, Landlord
shall, prior to the effective date of such discontinuance, at Landlord’s expense, make such changes in panel boards, feeders, risers, wiring and other conductors and equipment to the extent required to permit Tenant to obtain electric energy
directly from the public utility company. If, on the other hand, Landlord is required by any legal requirements to discontinue furnishing electric energy to Tenant, Landlord shall make such changes in panel boards, feeders, risers, wiring and other
conductors and equipment in order to permit Tenant to obtain electric energy directly from the public utility company. 
  
 Section 41.6. If any tax is imposed upon Landlord with respect to electrical energy furnished as a service to Tenant by any government authority,
Tenant agrees that, where permitted by law or applicable regulations, Tenant’s pro rata share of such taxes shall be reimbursed by Tenant to Landlord upon demand. 
  
 Section 41.7. Landlord shall have the option of installing submeters at Landlord’s expense to measure
Tenant’s consumption of electrical energy. If Landlord exercises such option, the Minimum Rent shall be reduced by an amount equal to the then Electric Inclusion Amount with such reduction to be effective as of the commencement of the operation
of such submeters and, commencing at such time, Tenant shall pay to Landlord, as Additional Rent, on demand made from time to time but no more frequently than monthly, for its use of electrical energy in the Demised 

  

 7 

 
Premises, based upon both consumption and demand factors, at the seasonally adjusted rate then payable by Landlord to the utility company, plus an amount
equal to fifteen (15%) percent thereof to reimburse Landlord for its overhead, administration and supervision in connection therewith. For the purposes of this Section 41.7, the rate to be paid by Tenant in the event of submetering shall include any
taxes, energy charges, demand charges, fuel adjustment charges, rate adjustment charges or other charges actually imposed in connection therewith. If any tax is imposed upon Landlord’s receipts from the sale or resale of electrical energy to
Tenant by any federal, state, city or local authority, the pro rata share of such tax allocable to the electrical energy service received by Tenant shall be passed on to and paid by Tenant as Additional Rent upon Landlord’s demand therefor, if
and to the extent permitted by law. 
  
 Section 41.8.
Landlord shall not in any way be liable or responsible to Tenant for any loss or damage or expense which Tenant may sustain or incur if either the quantity or character of electric service is changed or is no longer available or suitable for
Tenant’s requirements. Tenant’s use of electric current in the Demised Premises shall not at any time exceed the capacity of any of the electrical conductors and facilities in or otherwise serving the Demised Premises. In order to insure
that such capacity is not exceeded and to avert any possible adverse effect upon the Building’s electric service, Tenant shall not, without Landlord’s prior written consent in each instance, connect any fixtures, appliances or equipment
(other than a reasonable number of table or floor lamps, typewriters, word processors, small computers, photocopy machines and similar small office machines using comparable electric current) to the Building’s electric distribution system nor
make any alteration or addition to the electric system of the Demised Premises. Should Landlord grant such consent, which consent may be granted or refused in Landlord’s sole discretion, all additional risers or other equipment required
therefor shall be provided by Landlord upon notice to Tenant, and all costs and expenses in connection therewith, including, without limitation, those for filing and supervision, shall be paid by Tenant on demand. In addition, the provisions of
Section 41.2 and all other provisions of this Article shall be binding on the Tenant. In addition, as a condition to granting such consent, Landlord may require Tenant to agree to an increase in the Additional Rent by an amount which will reflect
the value to Tenant of the additional service to be furnished by Landlord, to wit: the potential additional electrical current to be made available to Tenant based upon the estimated initial total capacity of such additional risers or other
equipment. If Landlord and Tenant cannot agree on the amount of such Additional Rent increase, the same shall be determined by a reputable electrical consultant, to be selected by Landlord and paid by Tenant. The parties shall then execute an
agreement prepared by Landlord amending this Lease and setting forth the new Additional Rent resulting from such increase and confirming the effective date thereof, but such increase shall be effective from such date even if such agreement is not
executed. 
  
 42. TAX ESCALATION: 
  
 (A) As used in this Lease: 
  
 (i) “Taxes” shall mean the sum of the (i) real
estate taxes and assessments and special assessments imposed upon the Building and/or the land on which the Building is situated by any governmental bodies or authorities (the “Land”) and any rights or interests appurtenant thereto payable
by Landlord during any Tax Year and (ii) attorneys’ fees, court, or other administrative costs and disbursements incurred by Landlord in connection with any reduction in Taxes which is obtained prior to the date such Taxes are payable. If at
any time during the term of this Lease the methods of taxation prevailing at the commencement of the term hereof shall be altered so that in lieu of, or as an addition to or as a substitute for the whole or any part of the taxes, assessments,
levies, impositions or charges now levied, assessed or imposed on real estate and the improvements thereof, there shall be levied, assessed and imposed (a) a tax, assessment, levy or otherwise on the rents received therefrom, or (b) a license fee
measured by the rent payable by Tenant to Landlord, or (c) any other such additional or substitute tax, ‘assessment, levy, imposition or charge, then all such taxes, assessments, levies, impositions or charges or the part thereof so measured or
based shall be deemed to be included within the term “Taxes” for the purpose hereof. In no event shall “Taxes” include income, inheritance, franchise, gross receipts or other similar taxes. A copy of the tax bill of The City of
New York or other taxing authority imposing Taxes on the Land or the Building shall be sufficient evidence of the amount of Taxes. Notwithstanding the fact that the aforesaid Additional Rent is measured by Taxes, such amount is Additional Rent and
shall be paid by Tenant 

  

 8 

 
as provided herein regardless of the fact that Tenant may be exempt, in whole or in part, from the payment of any Taxes for any reason whatsoever.

  
 (ii) “Base Tax” shall mean Taxes,
as finally determined, for the fiscal period of July 1, 2000 through June 30, 2001. 
  
 (iii) “Tax Year” shall mean the fiscal year commencing on July 1 and ending on June 30 (or such other period as hereinafter may
be duly adopted by the City of New York as its Fiscal Year for real estate tax purposes), any portion of which fiscal period occurs during the term of this Lease. 
  
 (iv) “Tenant’s Share” shall be [TO BE PROVIDED] %. 
  
 (B) (i) If the Taxes for any Tax Year shall be more than the Base Tax, Tenant
shall pay as Additional Rent for such Tax Year an amount equal to Tenant’s Share of the amount by which the Taxes for such Tax Year are greater than the Base Tax (the amount payable by Tenant is hereinafter called the “Tax Payment”).
The Tax Payment shall be prorated, if necessary, to correspond with that portion of a Tax Year occurring within the term of this Lease. At Landlord’s sole option, the Tax Payment shall either (1) be payable by Tenant within ten (10) days after
receipt of a demand from Landlord therefor or (2) shall be payable by Tenant to Landlord in equal monthly installments on the first day of each month in an amount as reasonably estimated by the Landlord, and shall in any event be adjusted from time
to time with such adjusted amount being remitted by Tenant to Landlord upon Landlord’s written demand therefor. 
  
 (ii) In the event the Base Tax is reduced as a result of an appropriate proceeding, Landlord shall have the right to adjust the amount of
Tax Payment due from Tenant for any Tax Year in which Tenant is or was obligated to pay a Tax Payment hereunder, and Tenant agrees to pay the amount of said adjustment on the next rental installment day immediately following receipt of a rent
statement from Landlord setting forth the amount of said adjustment. The parties acknowledge that in no event shall the Minimum Rent or Additional Rent ever be reduced as a result of a tax certiorari proceeding or as a result of any reduction in
Taxes or the Base Tax. 
  
 (C) Only Landlord shall be eligible to
institute tax reduction or other proceedings to reduce the assessed valuation of the Land and the Building, provided, however, that Tenant shall be required to make all Tax Payments due under this Article while any such proceedings are pending.
Should Landlord be successful in any such reduction proceedings and obtain a rebate for periods during which Tenant has paid its share of increases, Landlord shall after deducting its expenses, including attorneys’ fees and disbursements in
connection therewith, return Tenant’s Share of such rebate to Tenant.  
  
 (D) With respect to any period at the expiration of the term of this Lease which shall constitute a partial tax year, Landlord’s statement shall apportion the amount of the Additional Rent due hereunder. The
obligation of Tenant in respect to such Additional Rent applicable for the last year of the term of this Lease or part thereof shall survive the expiration of the term of this Lease. 
  
 43. ESCALATIONS: In addition to other sums due hereunder, Landlord and Tenant agree that Tenant shall pay to Landlord, as Additional
Rent, a three (3%) percent fixed rent increase in lieu of any operating expense or porters wage escalation. Such sums shall be payable commencing on the first day of the second Lease Year, and shall be payable monthly thereafter during the term of
this Lease. Payments hereunder for each Lease Year after the first Lease Year shall be in amounts equal to the sum of: (i) three (3%) percent of the Minimum Rent payable for the immediately preceding Lease Year (without regard to any abatement or
free rent); and (ii) the payment due under this Article for such immediately preceding Lease Year. The computation under this Article is intended to constitute a formula for an agreed rental escalation and the computation may or may not constitute
an actual reimbursement to Landlord for expenses in the nature of costs paid by or incurred by Landlord with respect to the Building. 
  
 44. WAIVER OF SUBROGATION: Each party hereby releases the other party (which term as used in this Article includes the employees, agents, officers and directors of
the other party) from all liability, whether for negligence or otherwise, in connection with loss covered by any fire and/or 

  

 9 

 
extended coverage insurance policies, which the releasor carries with respect to the Demised Premises, or any interest or property therein or thereon
(whether or not such insurance is required to be carried under this lease), but only to the extent that such loss is collected under said fire and/or extended coverage insurance policies. Such release is also conditioned upon the inclusion in the
policy or policies of a provision whereby any such release shall not adversely affect said policies, or prejudice any right of the releasor to recover thereunder. Each party agrees that its insurance policies aforesaid will include such a provision
so long as the same shall be obtainable without extra cost, or if extra cost shall be charged therefor, so long as the party for whose benefit the clause or endorsement is obtained shall pay such extra cost. If extra cost shall be chargeable
therefor, each party shall advise the other thereof of the amount of the extra cost, and the other party at its election, may pay the same, but shall not be obligated to do so. 
  
 45. COMPLIANCE WITH LAWS: Supplementing the provisions of Article 6 hereof, Tenant shall give prompt notice to Landlord of any notice
it receives of the violation of any law or requirement of any public authority with respect to the Demised Premises or the use or occupation thereof. Tenant shall promptly comply with all present and future Jaws, orders and regulations of all state,
federal, municipal and local governments, departments, commissions and boards or any direction of any public officer pursuant to law and all orders, rules and regulations of the New York Board of Fire Underwriters or any similar body arising out of
Tenant’s use of the Demised Premises which shall impose any violation, order or duty upon Landlord or Tenant with respect to Tenant’s use or manner of use of the Demised Premises (in which event Tenant shall effect such compliance at its
sole cost and expense) or the Building (in which event, notwithstanding anything herein to the contrary, Landlord shall effect such compliance but Tenant shall promptly pay to Landlord Tenant’s Share, as defined in Paragraph 42(A) (iv), of the
cost thereof). 
  
 46. INDEMNITY-LIABILITY INSURANCE: 
  
 (A) Tenant covenants and agrees to indemnify and save Landlord harmless from
and against any and all claims arising during the term of this lease for damages or injuries to goods, wares, merchandise and property and/or for any personal injury or loss of life in, upon or about the Demised Premises, except such claims as may
be the result of the gross negligence of Landlord, its agents, employees or contractors. 
  
 (B) Tenant further covenants and agrees to indemnify Landlord against the cost of any increase in Landlord’s insurance rates resulting from Tenant’s use or manner of use of the Demised Premises. Tenant shall
reimburse Landlord for any such increase within fifteen (15) days after Landlord bills Tenant therefor. 
  
 (C) Tenant covenants to provide on or before the commencement of the term hereof and to keep in force during the term hereof for the benefit of Landlord
and Tenant a comprehensive policy of liability insurance protecting Landlord, Tenant and any and all of Landlord’s designees against any liability whatsoever occasioned by accident on or about the Demised Premises or any appurtenances thereto.
Such policy is to be written by good and solvent insurance companies satisfactory to Landlord of at least a Best’s Rating of “A+” or better, and the amounts of liability thereunder shall not be less than the amount of $3,000,000 in
respect of any one person, in the amount of $6,000,000 in respect of any one accident, and in the amount of $1,000,000 in respect of property damage. The aforesaid insurance policy or a certificate evidencing such insurance shall name Landlord, Koll
Bren Schreiber Realty Advisors, Inc., Jones Lang LaSalle Partners, Landlord’s mortgagee and other designees as “additional insureds” under such policy and said policy shall be delivered to Landlord upon Tenant’s execution of this
Lease. Prior to the time such insurance is first required to be carried by Tenant, and thereafter at least thirty (30) days prior to the expiration of any such policy, Tenant agrees to deliver to Landlord either a duplicate original of the aforesaid
policy or a certificate evidencing such insurance and meeting the requirements of this Article, provided said certificate contains an endorsement that such insurance may not be canceled or modified except upon thirty (30) days prior written notice
to Landlord, together with evidence of payment for the policy. Tenant’s failure to provide and keep in force the aforementioned insurance shall be regarded as a material default hereunder, entitling Landlord to exercise any or all of the
remedies as provided in this Lease in the event of Tenant’s default. 
  

 10 

 47. ASSIGNMENT, SUBLETTING, MORTGAGING: 
  
 (A) Tenant will not by operation of law or otherwise, assign, mortgage or encumber this Lease, nor sublet or permit the
Demised Premises or any part thereof to be used by others, without Landlord’s prior express written consent in each instance. Any transfer, by operation of law or otherwise, of Tenant’s interest in this Lease (in whole or in part) or of a
fifty (50%) percent or greater interest in Tenant (whether stock, partnership interest or otherwise) shall be deemed an assignment of this Lease within the meaning of this Article. (The issuance of shares of stock to other than the existing
shareholders shall be deemed to be a transfer of such stock for the purposes of this Article.) If there has been a previous transfer of less than a fifty (50%) percent interest in Tenant during the term of this Lease, any other transfer of an
interest in Tenant which would then result in an aggregate transfer of greater than a fifty (50%) percent interest in Tenant shall be deemed an assignment of Tenant’s interest in this Lease within the meaning of this Article. 
  
 (B) (i) In the event that Tenant shall at any time or times during the term
of this Lease desire to assign this Lease or sublet all or any part of the Demised Premises, Tenant shall give notice (the “Assignment/Sublet Notice”) thereof to Landlord, which notice shall be accompanied by (a) at Tenant’s option,
either a conformed or photostatic copy of the proposed assignment or sublease agreement (provided, however that such proposed assignment or sublease agreement need not be in executed form if accompanied by a writing signed by Tenant and the proposed
assignee or sublessee indicating their intent to enter into the proposed assignment or sublease upon Landlord consenting thereto), or a copy of a letter of intent (the “Letter of Intent”) executed by or on behalf of Tenant and the proposed
assignee or subtenant setting forth the material business terms of the proposed assignment or sublease, in either event, the effective or commencement date of which shall be at least thirty (30) days after the giving of such notice, (b) a statement
setting forth in reasonable detail the identity of the proposed assignee or subtenant, the nature of its business and its proposed use of the Demised Premises, (c) current financial information with respect to the proposed assignee or subtenant,
including, without limitation, its most recent financial report or statement (if same exists, and if not, the equivalent information in a form reasonably satisfactory to Landlord), and (d) such other information as Landlord may reasonably request.
Such notice shall be deemed an offer from Tenant to Landlord whereby Landlord (or Landlord’s designee) may, at its option: (i) terminate this Lease (if the proposed transaction is an assignment or sublease of all or substantially all of the
Demised Premises), or (ii) terminate this Lease with respect to the space covered by the proposed sublease (if the proposed transaction is a sublease of part of the Demised Premises for all or substantially all of the remainder of the term of this
Lease, i.e., the term of which expires during the final eighteen (18) months prior to the Expiration Date). For purposes of this paragraph, “substantially all of the Demised Premises” shall mean more than seventy (70%) percent thereof.
Said options may be exercised by Landlord by notice to Tenant at any time within thirty (30) days after Landlord’s receipt of the Assignment/Sublet Notice, together with all other documentation and information required pursuant to this
paragraph to be given by Tenant to Landlord (“Recapture Period”); and during such Recapture Period Tenant shall not assign this Lease or sublet such space to any person. Following the expiration of the Recapture Period, Tenant shall have
thirty (30) days to submit to Landlord Tenant’s written request for Landlord’s consent to a proposed assignment or sublease on the same terms and conditions as were contained in the proposed assignment or sublease or the Letter of Intent,
which was previously submitted to Landlord pursuant to this Section, whichever is applicable. In the event that Tenant fails to submit such written request for Landlord’s consent as set forth in the preceding sentence within such thirty (30)
day period, then in connection for with any request for Landlord’s consent to such proposed assignment of this Lease or proposed subletting of the Demised Premises or any portion thereof submitted after such thirty (30) day period, Tenant will
be required to comply with all of the requirements of this paragraph and Landlord shall have all the options under this paragraph. 
  
 (ii) If Landlord exercises its option to terminate this Lease in the event that Tenant desires either to assign this Lease or to sublet
all or substantially all of the Demised Premises, then this Lease shall end and expire upon the date that such assignment or subletting was to be effective or to commence, as the case may be, and the Minimum Rent and Additional Rent shall be paid
and apportioned to such date. If Landlord exercises its option to terminate this Lease as to a portion of the Demised Premises in the event that Tenant desires to sublet a portion of the Demised Premises, 

  

 11 

 
then this Lease, with respect to the portion of the Demised Premises affected by such subletting, shall end and expire upon the date that such subletting was
to commence, the Minimum Rent payable hereunder and the Additional Rent payable pursuant to this Lease hereof shall be adjusted in proportion to the portion of the Demised Premises affected by such termination and Tenant shall at its sole cost and
expense (and prior to the effective date of such sublease) erect such demising walls as are necessary to separate the terminated portion of the Demised Premises from the remainder of the Demised Premises and to provide access thereto. 
  
 (iii) In the event that Tenant complies with the provisions
of this subparagraph of this Article and Landlord does not exercise an option provided to it thereunder within the time provided therefor, and provided that Tenant is not in default of any of Tenant’s obligations under this Lease,
Landlord’s consent (which must be in writing and in form reasonably satisfactory to Landlord) to the proposed assignment of this Lease or subletting of a portion or all of the Demised Premises shall not be unreasonably withheld or delayed,
provided the following conditions have been satisfied: 
  
 (1) in
Landlord’s reasonable judgment, the proposed assignee or subtenant is engaged in such a business, and the Demised Premises will be used in such a manner, that: (x) is limited to the use expressly permitted under this Lease; and (y) will not
violate any negative covenant as to use contained in any other Lease of space in the Building about which Tenant has been informed following its request to Landlord for such information; 
  
 (2) the proposed assignee or subtenant is a reputable person of good character and with sufficient financial worth
considering the responsibility involved, and Landlord has been furnished with reasonable proof thereof; 
  
 (3) the proposed assignee or sublessee is not then an occupant of any part of the Building who is seeking to relocate to the Demised Premises (or any
portion thereof) from any other space in the Building; 
  
 (4) the proposed assignee or sublessee is not a person with whom Landlord is then, or shall have been during the previous twelve (12) month period, negotiating to lease space in the Building; 
  
 (5) the proposed assignee or subtenant shall not be (i) a government or any
subdivision or agency thereof or quasi governmental agency or court of law, (ii) a school, college, university or educational institution of any type, whether for profit or nonprofit, (iii) an employment or placement agency or executive recruitment
office, or (iv) a provider of medical services of any kind or a medical office; 
  
 (6) Tenant shall have submitted to Landlord a fully executed counterpart of the proposed assignment or the proposed sublease, as the case may be, and the form of the same shall be reasonably satisfactory to Landlord
and shall comply with the applicable provisions of this Article; 
  
 (7) the rental rate to be paid by the proposed subtenant is not less than the then current rental rate being charged by Landlord under leases being entered into for comparable space in the Building, and the other terms and conditions of the
sublease are the same as those contained in the proposed sublease furnished to Landlord pursuant to paragraph (B) of this Article; 
  
 (8) Tenant shall reimburse Landlord on demand for any costs that may be incurred by Landlord in connection with said agreement or sublease, including the
costs of making investigations as to the acceptability of the proposed assignee or subtenant and legal costs incurred in connection with the granting of any requested consent; 
  
 (9) Tenant shall not have (a) advertised or publicized in any way the availability of the Demised Premises without prior
notice to, and approval by, Landlord, which approval Landlord agrees not to unreasonably withhold, nor shall any advertisement state the name (as distinguished from the address) of the Building, or (b) advertised, 

  

 12 

 
listed or publicized the Demised Premises for subletting or assignment, with a broker, agent or representative or otherwise, in a newspaper or trade
publication, at a proposed rental less than the Minimum Rent and Additional Rent at which Landlord is then offering to Lease other space in the Building; 
  
 (10) the sublease shall not provide for an option on behalf of the subtenant thereunder to extend or renew the term of such sublease and shall also not
grant to subtenant any space option or other option set forth in this Lease (which option(s) is (are) only granted to the original Tenant hereunder); 
  
 (11) such subletting shall not result in there being more than two (2) occupants of the Demised Premises, including Tenant; and 
  
 (12) solely for a period of one hundred eighty (180) days, Tenant shall
employ Landlord’s then leasing agent as its sole and exclusive agent to effectuate any sublease or assignment. 
  
 (iv) Each subletting pursuant to this Article shall be subject to all of the covenants, agreements, terms, provisions and conditions
contained in this Lease. Notwithstanding any such subletting and/or acceptance of Minimum Rent or Additional Rent by Landlord from any subtenant, Tenant shall and will remain fully liable for the payment of the Minimum Rent and Additional Rent due,
and to become due, hereunder, for the performance of all of the covenants, agreements, terms, provisions and conditions contained in this Lease on the part of Tenant to be performed and for all acts and omissions of any licensee, subtenant, or any
other person claiming under or through any subtenant that shall be in violation of any of the obligations of this Lease, and any such violation shall be deemed to be a violation by Tenant. Tenant further agrees that, notwithstanding any such
subletting, no other and further subletting of the Demised Premises by Tenant, or any person claiming through or under Tenant shall, or will be, made, except upon compliance with, and subject to, the provisions of this Article. 
  
 (v) Any assignment or transfer shall be made only if, and
shall not be effective until, the assignee shall execute, acknowledge and deliver to Landlord an agreement, in form and substance satisfactory to Landlord, whereby the assignee shall assume all of the obligations of this Lease on the part of Tenant
to be performed or observed and whereby the assignee shall agree that the provisions contained in paragraph (a) shall, notwithstanding such assignment or transfer, continue to be binding upon it in respect of all future assignments and transfers.

  
 (vi) If Landlord shall give its consent to
any assignment of this Lease or to any sublease, Tenant shall, in consideration therefor, pay to Landlord, as Additional Rent: 
  
 (a) in the case of an assignment, an amount equal to seventy five (75%) percent of all sums and other consideration payable to Tenant by the assignee for,
or by reason of, such assignment, including, without limitation, all sums payable for the sale of Tenant’s fixtures, Leasehold improvements, equipment, furniture, furnishings, or other personal property; and 
  
 (b) in the case of a sublease, seventy five (75%) percent of any rents,
additional charges, or other consideration payable under the sublease by the subtenant to Tenant that are in excess of the Minimum Rent and Additional Rent accruing during the term of the sublease in respect of the subleased space (at the rate per
square foot payable by Tenant hereunder) pursuant to the terms hereof, including, without limitation, all sums paid for the sale or rental of Tenant’s fixtures, leasehold improvements, equipment, furniture or other personal property.

  
 The sums payable under this paragraph (vi)
shall be paid to Landlord as and when payable by the subtenant to Tenant. 
  
 (vii) If Tenant (or any subtenant) is a corporation, the provisions of subparagraph (A) of this Article shall apply to a transfer (however accomplished, whether in a single transaction or in a series of related or
unrelated transactions) of stock (or any other mechanism such as, by way of 

  

 13 

 
example, the issuance of additional stock, a stock voting agreement or change in class (es) of stock) which results in a change of control of Tenant (or such
subtenant) as if such transfer of stock (or other mechanism) which results in a change of control of Tenant (or such subtenant) were an assignment of this Lease, and if Tenant (or such subtenant) is a partnership, limited liability company or joint
venture, said provisions shall apply with respect to a transfer (by one or more transfers) of an interest in the distributions of profits and losses of such partnership, joint venture or limited liability company (or other mechanism, such as, by way
of example, the creation of additional general partnership or limited partnership interests or limited liability company interests) which results in a change of control of such partnership or joint venture or limited liability company, as if such
transfer of an interest in the distributions of profits and losses of such partnership or joint venture or limited liability company which results in a change of control of such partnership or joint venture or limited liability company were an
assignment of this Lease; but the provisions of subparagraph (A) of this Article hereof shall not apply to transactions with (u) a corporation into or with which Tenant is merged or consolidated, (v) a corporation, partnership or other entity to
which substantially all of Tenant’s assets are transferred, (w) any corporation which controls or is controlled by Tenant or is under common control with Tenant, (x) any person, persons, entity or entities to whom a controlling block of
Tenant’s stock is transferred, (y) an existing shareholder or shareholders, or (z) a trust established by or for the benefit of existing shareholder or shareholders, provided that in any of such events (i) the Tenant hereunder immediately after
such transfer is a reputable entity of good character and has a net worth computed in accordance with generally accepted accounting principles at least equal to the “Minimum Net Worth” (as defined below), (ii) proof reasonably satisfactory
to Landlord of such net worth shall have been delivered to Landlord at least ten (10) days prior to the effective date of any such transaction, (iii) in the event that the Tenant hereunder immediately after such transfer is other than the Tenant
herein named, a duplicate original instrument of assignment in form and substance reasonably satisfactory to Landlord, duly executed by Tenant, shall have been delivered to Landlord at least ten (10) days prior to the effective date of any such
transaction, (iv) in the event that the Tenant hereunder immediately after such transfer is other than the Tenant herein named (a “New Tenant”), an instrument in form and substance reasonably satisfactory to Landlord, duly executed by such
New Tenant, in which such New Tenant assumes (as of the Commencement Date) observance and performance of, and agrees to be personally bound by, all of the terms, covenants and conditions of this Lease on Tenant’s part to be performed and
observed shall have been delivered to Landlord at least ten (10) days prior to the effective date of any such transaction, and (v) such merger, consolidation or transfer shall be for a good business purpose with a view toward continuing
Tenant’s business as an on-going concern and not principally for the purpose of transferring this Lease. For purposes of this subparagraph (vii), the term “control” shall mean, in the case of a corporation, ownership or voting
control, directly or indirectly, of more than fifty percent (50%) of all the voting stock, and in case of a joint venture or partnership or similar entity, ownership, directly or indirectly, of more than fifty percent (50%) of all the general or
other partnership (or similar) interests therein. Any agreement pursuant to which (x) Tenant is relieved from the obligation to pay all or a part of Minimum Rent or Additional Rent under this Lease, and (y) a third party undertakes or is granted any
right to assign or attempt to assign this Lease or sublet or attempt to sublet all or any portion of the Demised Premises, shall be deemed an assignment of this Lease and subject to the provisions of this Article, including, without limitation,
subparagraph (A) hereof. For purposes of this subparagraph, the term “Minimum Net Worth” shall mean the greater of (i) the average net worth of Tenant for the twelve (12) month period which immediately precedes such transfer or (ii)
Tenant’s net worth as of the date hereof. Notwithstanding anything to the contrary contained herein, the transfer of stock to any family member or members of the shareholders of Tenant who as of the date hereof own a minimum of fifty-one (51%)
percent of the outstanding shares of Tenant (the “Major Shareholders”), or to any trust established for the benefit of one or more of the family members of the Major Shareholders shall not in any event be treated as an assignment of this
Lease and Landlord’s consent shall not be required therefor but at least 30 days prior written notice of such stock transfer shall be delivered to the Landlord and a copy of the relevant trust documentation and/or estate planning instruments
shall be delivered to Landlord at least 30 days prior to the effective date of such stock transfer. 
  
 (C) Each permitted assignee shall assume and be deemed to have assumed this Lease and shall be and remain liable jointly and severally with Tenant for the
payment of the Minimum Rent and Additional Rent and for the due performance of all the terms, covenants, conditions and agreements herein contained on Tenant’s part to be performed for the term of this Lease and any renewals and modifications
hereof. No assignment shall be binding on Landlord unless, as 

  

 14 

 
hereinbefore provided, such assignee or Tenant shall deliver to Landlord a duplicate original of the instrument of assignment which contains a covenant of
assumption by the assignee of all of the obligations aforesaid and shall obtain from Landlord the aforesaid written consent prior thereto. Any assignment, sublease or agreement permitting the use and occupancy of the premises to which Landlord shall
not have expressly consented in writing shall be deemed null and void and of no force or effect. 
  
 (D) Tenant agrees that notwithstanding any subletting or assignment permitted by Landlord, no other and further subletting of the Demised Premises by
Tenant or any person or entity claiming through or under Tenant shall or will be made except upon compliance with and subject to the provisions of this Article. 
  

48. TENANT’S CERTIFICATE: Tenant shall, without charge at any time and from time to time, within seven (7) days after written request by Landlord, certify
by written instrument, duly executed, acknowledged and delivered and given with the express knowledge that any party may rely on the information set forth in said instrument, to any mortgagee, assignee of any mortgage or to any purchaser, or any
proposed mortgagee, assignee of any mortgage or purchaser, or any other person, firm or corporation specified by Landlord: 
  
 (A) that this Lease is unmodified and in full force and effect (or, if there has been modification, that the Lease is in full force and effect as modified
and stating the modifications) and that both the Landlord and the Tenant are not then in default under this Lease (or, if there has been a default, stating the default(s), if any); 
  
 (B) whether or not there are then existing any setoffs or defenses against the enforcement of any of the agreements, terms,
covenants or conditions hereof upon the part of Tenant to be performed or complied with (and, if so, specifying the same); and 
  
 (C) the dates, if any, to which the rental, additional rental and other charges hereunder have been paid in advance, and stating the rental, additional
rent and other charges provided for in the Lease; 
  
 (D) the
commencement date and expiration date of the Lease; 
  
 (E)
whether or not any rental has been paid more than 30 days before the due date, and whether or not the Tenant has any unsatisfied claim against Landlord; 
  
 (F) the security deposit (if any) deposited by Tenant under the Lease; 
  
 (G) whether any actions, whether voluntary or otherwise, are pending against the Tenant under the bankruptcy laws of the
United States or any state thereof; and 
  
 (H) whether the Tenant
has any option to renew or expand the term of the Lease or the leased premises, as the case may be, and whether the Tenant has any right of first refusal to purchase (or lease) the Demised Premises or any part thereof or the Building in which the
Demised Premises are located. 
  
 In the event that Tenant fails
to deliver to Landlord the aforesaid certificate within the time period described hereinabove, then Tenant herein unconditionally agrees that it shall be liable on demand to pay Landlord the sum of $1,000.00 for each day that Tenant is late in
delivering the aforesaid certificate to Landlord, such sum to be as and for Landlord’s full and complete liquidated and agreed monetary damages suffered by reason of Tenant’s failure to timely deliver an estoppel certificate to Landlord.
In addition to the foregoing, in the event that Tenant fails to deliver to Landlord the aforesaid certificate within the time-period described hereinabove, then Tenant shall be deemed to have unconditionally waived (and shall be estopped from
raising) any and all alleged defenses or alleged Lease defaults allegedly committed by Landlord which it may have otherwise claimed or maintained in such estoppel certificate and Tenant shall also be deemed to have unconditionally assented to and
affirmed any and all provisions set forth in the estoppel certificate as same may have been prepared by the Landlord. In addition to the foregoing, Landlord reserves 

  

 15 

 
the right to exercise any further rights or remedies available to it under the Lease, at law or equity by reason of Tenant’s default hereunder.

  
 49. LIMITATION OF LANDLORD’S LIABILITY/EXCULPATORY CLAUSE: If
Landlord shall be an individual, joint venture, limited liability company, tenancy-in-common, co-partnership, partnership, limited partnership, unincorporated association, or other unincorporated aggregate of individuals and/or entities, or a
corporation, Tenant shall look only to such Landlord’s estate and property in the Building, for the satisfaction of Tenant’s remedies for the collection of a judgment (or other judicial process) requiring the payment of money by Landlord
in the event of any default by Landlord hereunder, and no other property or assets of such Landlord (or of any partner, shareholder, member, individual, officer, director, agent or other owner or representative thereof, whether disclosed or
undisclosed) shall be subject to levy, execution or other enforcement procedure for the satisfaction of Tenant’s remedies under or with respect to this Lease, the relationship of Landlord and Tenant hereunder or Tenant’s use or occupancy
of the Demised Premises. 
  
 50. BROKER: Tenant covenants, warrants and
represents that there was no broker instrumental in consummating this lease other than Cushman & Wakefield, Inc. and Julien J. Studley, Inc. (collectively, the “Broker”), and no conversations or negotiations were had with any other
broker concerning the renting of the Demised Premises. Tenant and Landlord agree to indemnify, defend and hold and save the other harmless against any and all liability from any claims of any broker (other than the Broker) who claims to have dealt
with the other party (including, without limitation, the cost of counsel fees in connection with the defense of any such claims in connection with the renting of the Demised Premises). 
  
 51. CONFLICT OF TERMS: In the event any term, covenant, condition or agreement contained in this rider to the Lease shall conflict or
be inconsistent with any term, covenant, condition or agreement contained in the printed portion of this Lease, then the parties agree that the rider provision shall prevail. 
  
 52. TENANT’S REMEDIES: With respect to any provision of this Lease which provides, in effect, that Landlord shall not
unreasonably withhold or unreasonably delay any consent or any approval, Tenant in no event, shall be entitled to make, nor shall Tenant make, any claim, and Tenant hereby waives any claim, for money damages; nor shall Tenant claim any money damages
by way of setoff, counterclaim or defense, based upon any claim or assertion by Tenant that Landlord has unreasonably withheld or unreasonably delayed any consent or approval; but Tenant’s sole remedy shall be an action or proceeding to enforce
any such provision, or for specific performance, injunction or declaratory judgment. 
  
 53. NO EXCESSIVE NOISE: Tenant agrees that it will use the Demised Premises and will perform all work required or permitted hereunder in such a manner so as not to create any excessive noise which disturbs any of the other tenants of
the Building or persons occupying adjacent and neighboring premises. 
  
 54.
LABOR REGULATIONS: Tenant covenants and agrees that prior to and throughout the demised term, it shall not take any action which would violate Landlord’s union contract, if any, affecting the Building, nor create any work stoppage,
picketing, labor disruption or dispute, or any interference with the business of the Landlord or any other tenant or occupant in the Building or with the rights and privileges of any person(s) lawfully in said Building, nor cause any impairment or
reduction of the good name of the Building. Any default by Tenant under this Article shall be deemed a material default entitling Landlord to exercise any or all of the remedies as provided in this Lease. 
  
 55. CONTROL OF TENANT: If the Tenant is a corporation (other than one whose shares are
regularly and publicly traded on a recognized stock exchange), partnership or other entity other than an individual, Tenant represents that the ownership and power to vote the majority of its entire outstanding capital stock or other controlling
interest (collectively “Controlling Interest”) belongs to and is vested in the person(s) executing this Lease or members of his or their immediate family. 
  
 56. ADDENDUM TO ARTICLE 22: If Tenant shall default in surrendering the Demised Premises upon the expiration or termination of the
term, Tenant’s occupancy subsequent to such expiration 

  

 16 

 
or termination, whether or not with the consent or acquiescence of Landlord, shall be deemed to be that of a tenancy at will and in no event from
month-to-month or from year-to-year, and it shall be subject to all the terms, covenants and conditions of this lease applicable thereto, except the Minimum Rent and Additional Rent shall be the greater of (i) two hundred percent of (or 200% of) the
amount payable in the last year of the term and (ii) the then fair market value minium rental and additional rental which would be payable with respect to the Demised Premises, and no extension or renewal of this Lease shall be deemed to have
occurred by such holding over. 
  
 57. ADDENDUM TO ARTICLE 18: 

 
 (A) Should Tenant fail to pay within five (5) days of when due any
installments of Minimum Rent, Additional Rent, or any other sum payable to Landlord under the terms of this Lease, then a late charge in the amount of $0.10 per $1.00 due shall be added to the sum due and shall be deemed Additional Rent hereunder.
If Tenant shall issue a check to Landlord which is returnable unpaid for any reason, Tenant shall pay Landlord an additional charge of $100.00 for Landlord’s expenses in connection therewith. If Tenant shall default (i) in the timely (5 days)
payment of Fixed Rent or Additional Rent for any two (2) consecutive months or for a total of three (3) months in any period of twelve (12) months then, notwithstanding, that such defaults shall have each been cured within the applicable period, if
any, any further similar default shall be deemed to be deliberate and Landlord thereafter may serve Tenant with a three (3) days’ notice of termination without affording to Tenant an opportunity to cure such further default at which time the
term of this Lease shall terminate as if that day were the Expiration Date. 
  
 (B) Notwithstanding anything in this Lease to the contrary, to the fullest extent permitted by law, and as a material inducement to Landlord to execute this Lease, Tenant hereby specifically waives the right, during
the term of this Lease or during the pendency of any litigation arising out of this Lease, to stay, attempt to stay
or otherwise toll the period of termination described in Articles 17 or 18 of the Lease, and Tenant hereby also waives the right to make application to any Court or authority for such a stay (such as a “Yellowstone Injunction”) during the
pendency of any litigation arising out of this Lease, and any stay, attempt to stay or application to any Court for such a stay shall itself be considered a material breach of this Lease, thereby entitling Landlord to all of its remedies hereunder.

  
 58. ENTIRE AGREEMENT: No earlier statement or prior written matter
shall have any force or effect. Tenant agrees that it is not relying on any representations or agreements other than those contained in this Lease. This agreement shall not be modified or canceled except by writing subscribed by all parties.

  
 59. SAVING PROVISION: If any provision of this Lease, or its
application to any situation shall be invalid or unenforceable to any extent, the remainder of this Lease, or the application thereof to situations other than that as to which it is invalid or unenforceable, shall not be affected thereby, and every
provision of this Lease shall be valid and enforceable to the fullest extent permitted by law. 
  
 60. LEASE NOT BINDING UNLESS EXECUTED: Submission by Landlord of the within Lease for execution by Tenant shall confer no rights nor impose any obligations on either party unless and until both Landlord and
Tenant shall have executed this Lease and duplicate originals thereof shall have been delivered to the respective parties. 
  
 61. AIRCONDITIONING UNIT: OVERTIME SERVICES: 
  
 (A) Landlord shall deliver the Demised Premises to Tenant on the Commencement Date with a functioning heating, ventilation and air-conditioning air-cooled
package unit (“Unit”) which shall service the Demised Premises for normal office use. From and after the Commencement Date, Tenant shall at its sole cost and expense be responsible for the repair, maintenance and replacement of said Unit.
Notwithstanding the foregoing, if the Unit’s compressor or any major structural component of the Unit falls into disrepair through no fault or negligence of the Tenant or any of its agents, employees or invitees, the Landlord shall repair
and/or replace same at its option at its sole cost and expense. Landlord may at its option install a time clock and/or meter to measure Tenant’s usage and time of operation of the Unit and readings of same may determine whether or not 

  

 17 

 
Landlord shall elect to survey Tenant’s electrical usage in accordance with the provisions of Article 41 of this Lease. 
  
 (B) There shall be no charge to Tenant for the furnishing of any necessary
Building engineering services to the Demised Premises from 8:00 a.m. to 6:00 p.m. Mondays through Fridays, holidays excepted and for the furnishing of freight elevator facilities to the Demised Premises from 8:00 a.m. to 4:30 p.m. Mondays through
Fridays, holidays excepted. However, the Minimum Rent does not reflect or include any charge to Tenant for the furnishing of any such freight elevator facilities or Building engineering services during any other periods (“Overtime
Periods”). Tenant hereby acknowledges that Overtime Period freight elevator service may only be obtained by Tenant on weekend days for a minimum of four (4) hours of continuous usage (and Tenant shall be credited with same whether or not it
actually uses same). The Tenant’s move-in to the Demised Premises must be scheduled so as to occur after normal business hours (i.e., after 6:00 P.M. on normal workdays, and on weekends). Accordingly, if Landlord furnishes any such freight
elevator facilities or Building engineering services at the request of Tenant during Overtime Periods, Tenant shall pay Landlord Additional Rent for such services at the standard rates then fixed by Landlord for the Building or if no such rates are
then fixed at comparable rates then being charged by first-class office buildings in the midtown Manhattan vicinity. Landlord’s current rate for freight elevator service during Overtime Periods is $_______ per hour and the Landlord’s
current rate for Building engineer’s service during Overtime Periods is $______ per hour, provided, however, that Tenant acknowledges that such rates may change in the Building as Landlord determines in its sole discretion. Landlord shall not
be required to furnish any such services during any Overtime Periods unless Tenant shall notify Landlord in writing of its requirement for services prior to 12:00 p.m. of the day before which such services are requested or by 12:00 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. For purposes of this Lease, “Business Day” shall mean any day, excluding Saturdays, Sundays and all days
observed as holidays by the State of New York, the federal government or the labor unions servicing the Building. 
  
 62. WAIVER OF JURY TRIAL AND RIGHT TO COUNTERCLAIM. Tenant hereby waives all right to trial by jury in any summary or other action, proceeding or counterclaim
arising out of or in any way connected with this Lease, the relationship of Landlord and Tenant, the Demised Premises and the use and occupancy thereof, any claim of injury or damages, and any emergency statutory or other statutory remedy. Tenant
also hereby waives all right to assert or interpose a counterclaim in any summary proceeding or other action or proceeding to recover or obtain possession of the Demised Premises unless such waiver would result in Tenant’s loss of the right to
bring such claim in a separate proceeding. 
  
 63. INJUNCTIVE RELIEF: In
the event of a breach or threatened breach by Tenant of any of the covenants or provisions of this Lease, Landlord shall have the right of injunction and the right to invoke any remedy allowed at law or in equity as if re-entry, summary proceedings
and other remedies were not herein provided for. Mention in this Lease of any particular remedy shall not preclude Landlord from any other remedy, at law or in equity. Tenant hereby expressly waives any and all rights of redemption granted by or
under any present or future laws in the event of Tenant’s being evicted or dispossessed, or in the event of Landlord’s obtaining possession of the Demised Premises by reason of Tenant’s violation of the provisions of this Lease.
Tenant further agrees that it shall not interpose any noncompulsory counterclaim or noncompulsory counterclaims in a summary proceeding or in any other action or proceeding to evict the Tenant or otherwise recover possession of the Demised Premises
and Tenant hereby waives the right to interpose any noncompulsory counterclaim or noncompulsory counterclaims in any such proceeding(s). 
  
 64. RECORDATION: Tenant covenants not to place this Lease on record or to record this Lease without the prior written consent of Landlord. At the request of
Landlord, Tenant will execute a memorandum of lease for recording purposes containing references to such provisions of this Lease as Landlord, in its sole discretion, shall deem necessary. 
  

 18 

 65. ATTORNEYS’ FEES: Tenant agrees to pay Landlord upon demand, as an Additional Rental, a sum equal to all
costs and expenses (including attorneys’ fees, costs of investigation and disbursements) incurred by Landlord in enforcing any or all of its rights hereunder, specifically including the cost of collecting sums due, whether or not an action or
proceeding is commenced, or levying and collecting on any judgment or arbitration award in Landlord’s favor. 
  
 66. FORCE MAJEURE: In the event that either party hereto shall be delayed or hindered in or prevented from the performance or any act required hereunder other than
Tenant’s obligation to pay rent by reason of strikes, lockouts, labor troubles, failure of power, riots, insurrection, war or other reason of like nature not the fault of the party delayed in performing work or doing acts, such party shall be
excused for the period of delay. The period of performance of any such act shall then be extended for the period of such delay. 
  
 67. ELECTRICITY AND HEAT: Landlord shall not in arty way be liable or responsible to Tenant for any loss or damage or expense which Tenant may sustain or incur if
either the quantity or character of electric service, gas service or other utility is changed or is no longer available or suitable for Tenant’s requirements. Tenant’s use of electric current or other utilities in the Demised Premises
shall not at any time exceed the capacity of any of the electrical conductors, facilities and other systems in or otherwise serving the Demised Premises. 
  
 68. SECURITY. 
  
 (A)(i) Tenant has deposited with Landlord the sum of $329,595.00 upon the execution of this Lease, as security for the performance by Tenant of all of the
terms, covenants and conditions of this Lease on Tenant’s part to be performed. Landlord shall have the right, without notice to Tenant, and regardless of the exercise of any other remedy Landlord may have by reason of a default, to apply any
part of said deposit to cure any default of Tenant, and, if Landlord does so, Tenant shall upon demand deposit with Landlord the amount so applied so that Landlord shall have the full amount of the security ($329,595.00) at all times during the term
of this Lease. If Tenant shall fail to make such deposit, Landlord shall have the same remedies for such failure as Landlord has for a default in the payment of Minimum Rent. In the event of an assignment or transfer of the leasehold estate under
the Lease, (a) Landlord shall have’ the right to transfer the security to the assignee, (b) Landlord shall thereupon be automatically released by Tenant from all liability for the return of such security, and (c) Tenant shall look solely to the
assignee for the return of said security, and the foregoing provisions of this sentence shall apply to every transfer made of the security to a new assignee of Landlord’s interest in the Lease. The security deposited under this Lease shall not
be assigned or encumbered by Tenant without the prior consent of Landlord, and any such assignment or encumbrance shall be void. Landlord and Tenant acknowledge and agree that Tenant hereby waives any right, whether statutory or otherwise, to any
interest earned on any security deposited by Tenant hereunder, and Tenant shall in no event be entitled to interest on said security. 
  
 (ii) On or about the third (3rd) year anniversary of the Rent Commencement Date, provided that (a) this Lease remains in full force and effect and (b) the original Tenant named herein remains in possession of the Demised Premises and has not ever been
(nor is it then) in default under this Lease after the expiration of any grace or cure period expressly provided for in this Lease, the Landlord acknowledges that upon Tenant’s written request thereto it shall return to Tenant a portion of the
cash security deposit held by Landlord in the amount of $82,398.75. If the security was delivered in the form of cash, then Landlord shall either at its option remit a check to Tenant for this sum within 30 days of Tenant’s written request to
Landlord if same is due pursuant to the provisions of this Article or Landlord may elect to remit same to Tenant in the form of additional abated Minimum Rent under the Lease. 
  
 (iii) On or about the fifth (5th) year anniversary of the Rent Commencement Date, provided that (a) this
Lease remains in full force and effect and (b) the original Tenant named herein remains in possession of the Demised Premises and has not ever been (nor is it then) in default under this Lease after the expiration of any grace or cure period
expressly provided for in this Lease, the Landlord acknowledges that upon Tenant’s written request thereto it shall return to Tenant a portion of the cash security deposit held by Landlord in the amount of $82,398.75. If the security was
delivered in the form of cash, then Landlord shall either at its option remit a check to Tenant for this 

  

 19 

 
sum within 30 days of Tenant’s written request to Landlord if same is due pursuant to the provisions of this Article or Landlord may elect to remit same
to Tenant in the form of additional abated Minimum Rent under the Lease. 
  
 (iv) The parties agree that notwithstanding any reduction in or return of security mandated by subparagraphs (A)(ii) and (iii) hereinabove the security deposit held by Landlord under the Lease shall never fall below
$164,797.50 at any time during the term of the Lease. 
  
 (v) In the event that a Letter of Credit has been delivered by Tenant to Landlord pursuant to subparagraph (B) hereinbelow, any reduction in or return of security mandated by subparagraphs (A)(ii) and (iii) hereinabove may be implemented by
Tenant delivering to the Landlord on each date a reduction in the security is mandated by the provisions of this Article a replacement Letter of Credit in the reduced amount indicated in subparagraphs (A)(ii) and (iii) hereinabove provided such
replacement Letter of Credit is acceptable to the Landlord in its sole discretion. 
  
 (B) (i) In lieu of a cash security deposit, Tenant may on no later than the date of this Lease as hereinabove set forth elect to deliver the security deposit required hereunder by delivering to Landlord a clean,
automatically self renewing, non-expiring, unconditional irrevocable standby letter of credit in the original amount of $329,595.00 (the “Letter of Credit”) issued to Landlord by a New York-based federally-insured lending institution
acceptable to Landlord. Said Letter of Credit must conform exactly to the form of Letter of Credit annexed hereto as Exhibit “E” and must otherwise be in form and content satisfactory to Landlord in its sole and absolute discretion. The
Letter of Credit shall unequivocally state on its face that it shall be effective and in place for a term no less than one hundred twenty (120) days after the last day of the entire term of this Lease. In the event that for any reason whatsoever the
Letter of Credit shall expire or shall fail to be renewed or replaced within 90 days prior to its expiration or renewal date, then Tenant herein unconditionally acknowledges that (i) Landlord shall have the unconditional right at any time to draw
upon the existing Letter of Credit and to hold such sums for the balance of the Lease term as cash security for Tenant’s performance under this Lease and (ii) at Landlord’s option, such failure shall be deemed to be a material default by
Tenant under this Lease and Landlord shall have all of its remedies thereof under the Lease, at law and at equity. Tenant shall ensure that the foregoing sentence shall appear “in bold” on the face of the letter of credit. 
  
 (ii) In the event Tenant shall default during the period in
which the Letter of Credit shall be in place after the expiration of any applicable grace periods expressly stated in this Lease, Landlord shall have the right at its sole option, and regardless of the exercise of any other remedy Landlord may have
by reason of a default, to immediately, draw against the Letter of Credit for the full amount of said Letter of Credit or to the extent necessary to cure the amount of any default and to apply any part of said Letter of Credit to the extent
necessary to cure any default of Tenant, and, if Landlord does so, Tenant shall upon demand issue a new Letter of Credit in favor of Landlord in the face amount of the original amount so drawn down so that Landlord shall at all times have the full
amount of the Letter of Credit required under this Article during the entire term of this Lease. If Tenant shall fail to issue such new Letter of Credit, Landlord shall have the same remedies for such failure as Landlord has for a default in the
payment of Minimum Rent. Landlord’s right to draw on the Letter of Credit shall continue for so long as Tenant shall remain in default. Tenant acknowledges that the Letter of Credit must state on its face that it shall be in place and effective
for a term of at least 120 days subsequent to the Expiration Date of the Lease. 
  
 (iii) In the event of an assignment or transfer by the Landlord of the leasehold estate under the Lease, (a) Landlord shall have the right
without any charge, cost, fee or expense charged to any party, to transfer or assign the Letter of Credit one or more times to any transferee or assignee by delivering to said transferee or assignee a blanket assignment of said Letter of Credit
(using a form acceptable to Landlord in its sole discretion), (b) Landlord shall thereupon upon such transfer be automatically released by Tenant from all liability, if any, for the return of such Letter of Credit, and (c) Tenant shall look solely
to the transferee or assignee for the return of said Letter of Credit, and the foregoing provisions of this sentence shall apply to every transfer or assignment made of the Letter of Credit to a new transferee or assignee of Landlord’s interest
in the Lease. The Letter of Credit issued under this Lease shall not be assigned or encumbered by Tenant or by the issuing bank without the prior consent of Landlord, and any such assignment or encumbrance shall be void. 
  

 20 

 (iv) The Letter of Credit may not be automatically self-reducing on its face, but may be
replaced with a new Letter of Credit in a reduced amount on the appropriate date by Tenant to comply with the express provisions of subparagraphs (A)(ii) and (iii) hereinabove provided such replacement Letter of Credit is acceptable to the Landlord
in its sole discretion. 
  
 69. NO CLEANING SERVICES BEING PROVIDED BY
LANDLORD: 
  
 (i) Landlord is not providing
Tenant with any cleaning services for the Demised Premises and said services are not included in any of the rental to be paid by Tenant under this Lease. 
  
 (ii) Tenant, at Tenant’s expense, shall cause all portions of the Demised Premises to be cleaned daily in a manner satisfactory to
Landlord, and to be regularly exterminated against infestation by vermin, roaches or rodents regularly and, in addition, whenever there shall be evidence of any infestation, and shall cause Tenant’s refuse and rubbish to be removed from the
Demised Premises and the Building. 
  
 (iii) Only
one or more persons firms or corporations authorized in writing by Landlord shall be permitted to act as maintenance contractor or as a cleaning service for any waxing, polishing, cleaning and maintenance work in the Demised Premises. Nothing herein
contained shall prohibit Tenant from performing such work for itself by use of its regular daily salaried employees. Landlord may fix, in its absolute discretion, at any time and from time to time, the hours during which and regulations under which
such services are to be furnished. Landlord expressly reserves the right to act as or to designate, at any time and from time to time, an exclusive contractor for all or any one or more of such services, provided that the quality thereof and the
charges therefor are reasonably comparable to that of other contractors, and Landlord, under such circumstances, expressly reserves the right to exclude from the Building any person, firm or corporation attempting to furnish any of such services.

  
 70. SUBORDINATION AND ATTORNMENT: 
  
 (A) This Lease, and all rights of Tenant hereunder, are and shall be subject
and subordinate at all times to all underlying leases, and to all mortgages which may now or hereafter affect such leases or the real property of which the Demised Premises are a part, and to all renewals, modifications, consolidations, replacements
and extensions of any such underlying leases and mortgages. The provisions of this Section shall be self operative and no further instrument of subordination shall be required. In confirmation of such subordination, Tenant shall promptly execute,
acknowledge and deliver any instrument that Landlord, the lessor under any such underlying lease (a “Superior Lessor”) or the mortgagee of any such mortgage (a “Superior Mortgagee”) or any of their respective successors in
interest may reasonably request to evidence such subordination; and, if Tenant fails to execute, acknowledge or deliver any such instruments within ten (10) 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 instruments for and on behalf of Tenant. 
  
 (B) This Lease may not be surrendered, cancelled, modified or amended and the Superior Lessor and the Superior Mortgagee shall not be bound by any
previous prepayment of more than one month’s rent (including additional rent ) hereunder, unless such surrender, cancellation, modification, amendment or prepayment shall have been expressly approved in writing by the Superior Lessor or the
Superior Mortgagee, as the case may be and any such surrender, cancellation, modification, amendment of this Lease or prepayment not so approved shall be voidable by the Superior Lessor or the Superior Mortgagee, as the case may be. 
  
 (C) If any Superior Lessor or any Superior Mortgagee shall succeed to the
rights of Landlord under this Lease, whether through possession or foreclosure or delivery of a new lease or deed, then upon the request of such party so succeeding to Landlord’s rights (“Successor Landlord”), Tenant shall attorn to
and recognize such Successor Landlord as Tenant’s landlord under this Lease and shall promptly execute and deliver any instrument that such Successor Landlord may reasonably request to evidence such attornment. Upon such attornment this Lease
shall continue in full force and effect as a direct lease between Successor Landlord and Tenant upon all of the terms, conditions and covenants as are set forth in this Lease except that Successor Landlord shall not: (i) be liable for any previous
act or omission of any prior landlord (including Landlord) under this Lease; (ii) be subject 

  

 21 

 
to any offsets, credits or defenses which Tenant may be entitled to assert against any prior landlord (including Landlord); (iii) be liable for the return of
any security deposit, in whole or in part, to the extent that same is not paid over to Successor Landlord; or (iv) be bound by any previous surrender, cancellation, modification or amendment of this Lease or any previous prepayment of more than one
month’s rent (including additional rent) hereunder, unless such surrender, cancellation, modification, amendment or prepayment shall have been expressly approved in writing by the Superior Lessor or the Superior Mortgagee through or by reason
of which Successor Landlord shall have succeeded to the rights of Landlord under this Lease. 
  
 (D) All references in this Lease to “mortgages” shall be deemed to refer to and include a mortgage, deed of trust or deed to secure debt according to whichever is applicable in the state where the Demised
Premises are located, and all references to “mortgagee” shall be deemed to refer to the holder of a mortgage or the beneficiary/holder of a deed of trust or deed to secure debt as applicable. 
  
 71. BUILDING DIRECTORY/SIGNAGE: Tenant shall have the right to display the number of
individual names in the Building’s Lobby Directory in the same proportion that the rentable space of the Demised Premises bears to the aggregate rentable space of the entire Building. Tenant may utilize its own graphics in implementing signage
to be located at the entrance to the Demised Premises, subject to Landlord’s prior written approval as to aesthetics and location (and subject, also, to the compliance by Tenant with applicable law and with all of the provisions of this Lease
applicable thereto.) 
  
 72. BILLING BY LANDLORD: Any bill, invoice,
statement or other notice rendered by the Landlord or any other party to the Tenant and which is not disputed or objected to by the Tenant within 30 days of the rendition of such bill, invoice, statement or other notice shall be deemed to be
unconditionally approved and accepted by the Tenant. In the event that Landlord has been delayed in rendering or has failed to render any bill, invoice, statement or other notice to Tenant beyond the originally anticipated due date thereof, such
delay or failure shall not prejudice any of Landlord’s rights and no waiver of any rights of the Landlord shall have occurred or be deemed to have occurred as a result of any of Landlord’s delay or failure as described hereinabove.

  
 73. ALL ADDITIONAL RENTAL PAYMENTS: 
  
 (A) Tenant’s obligation to make any Additional Rent payments under this
Lease, including, without limitation, the Additional Rental payments provided for in Articles 41, 42 and 43 of this Lease, shall be absolute and not conditioned on the happening of any act, thing or occurrence, including without limitation, the time
or timeliness at or with which such statement, bill or demand is furnished to or made upon Tenant. Landlord’s failure during the term of this Lease to prepare and deliver any statements or bills required to be delivered to Tenant hereunder, or
Landlord’s failure to make a demand under any Articles of this Lease shall not in any way be denied to be a waiver of, or cause Landlord to forfeit or surrender its rights to collect, any Additional Rent which may have become due pursuant to
any such Articles of this Lease during the term of this Lease. Tenant’s liability for the Additional Rent due under any Articles of this Lease shall continue unabated during the remainder of the term of this Lease and shall survive the
expiration or sooner termination of this Lease. 
  
 (B) In no
event shall any adjustment of any payments payable by Tenant in accordance with the provisions of any Articles of this Lease result in a decrease in Minimum Rent nor shall any adjustment of any Additional Rent payable by Tenant pursuant to any
provision of any Articles of this Lease result in a decrease in any other Additional Rent payable by Tenant pursuant to any other provisions of this Lease, it being agreed and understood that the payment of Additional Rent under any Articles of this
Lease is an obligation supplemental to Tenant’s obligations to pay Minimum Rent and any other Additional Rent pursuant to any other provision of this Lease. 
  
 (C) If a Tax Year or lease year shall end after the expiration or termination of the term of this Lease, the Additional Rent
payable by Tenant in respect thereof shall be prorated to correspond to that portion of such year occurring within the term of this Lease. 
  

 22 

 (D)   (i) Landlord’s failure to render any Tax bill or statement with respect to any Tax
Year shall not prejudice Landlord’s right to thereafter render a Tax bill or statement with respect thereto or with respect to any subsequent Tax Year, nor shall the rendering of a Tax bill or statement prejudice Landlord’s right to
thereafter render a corrected Tax bill or statement for that Tax Year, as the case may be. Nothing herein contained shall restrict Landlord from issuing a Tax bill or statement at any time there is an increase in Taxes during any Tax Year or any
time thereafter. 
  
 (ii) Each Tax bill or
statement shall be conclusive and binding upon Tenant unless (i) with respect to such Tax bill or statement, on or before thirty (30) days after the delivery by Landlord to Tenant of such statement, Tenant shall notify Landlord that it disputes the
correctness of such Tax bill or statement, specifying the particular respects in which such Tax bill or statement is claimed to be incorrect. Pending the determination of such dispute, tenant shall pay any disputed portion of the relevant Tax
Payment to the Landlord (as and when otherwise payable to the Landlord under the appropriate Article of this Lease) and Tenant shall pay any undisputed portion of the relevant Tax Payment in accordance with the applicable Tax bill or statement (and
Landlord shall refund or credit any overpayment by Tenant following the determination of such dispute). 
  
 74. INTEREST: If any sums of money or charges required to be paid by Tenant under this Lease, including but not limited to Minimum Rent and Additional Rent payable by Tenant hereunder, are not paid at the time
provided in the Lease, they shall nevertheless, if not paid when due, bear interest from the due date thereof to the date of payment at the highest rate allowed by law to be charged the Tenant. 
  
 75. LEGAL RENT RESTRICTIONS: 
  
 If any of the rents payable under the terms of this Lease shall be or become
uncollectible, reduced or required to be refunded because of any applicable law, ordinances, order, rule, requirement or regulation, Tenant shall enter into such agreement(s) 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 which from time to time during the continuance of such legal rent restriction may be legally permissible (and not in excess of the amounts
reserved therefor under this Lease). Upon the termination of such legal rent restriction, (a) the rents shall become and thereafter be payable in accordance with the amounts reserved herein for the periods following such termination and (b) Tenant
shall pay to Landlord, to the maximum extent legally permissible, an amount equal to (i) the rents which would have been paid pursuant to this Lease but for such legal rent restriction less (ii) the rents paid by Tenant during the period such legal
rent restriction was in effect. 
  
 76. SUBSTITUTE SPACE: 
  
 At any time prior to or during the term hereof, Landlord may substitute for
the Demised Premises, the Expansion Space (as such term is hereinafter defined) or any portion thereof (such premises being hereinafter referred to as the “replaced premises”) whether or not any other substitution has been made pursuant to
this Article prior to such time, other space in the Building (such other space being hereinafter referred to as the “substitute premises”) by a written notice given to Tenant not later than thirty (30) days prior to the date specified in
such notices as the effective date for such substitution. Such notice shall have annexed thereto a floor plan identifying the substitute premises on such plan. The substitute premises shall have substantially at least as much rentable area as the
replaced premises. If the effective date specified in such notice is subsequent to the Commencement Date, Tenant shall vacate the replaced premises and surrender the same to Landlord on or before such effective date provided Landlord, at its
expense, shall have substantially duplicated in the substitute premises Tenant’s initial work performed in the replaced premises. Landlord shall promptly after Tenant enters into occupancy of the substitute premises pay to Tenant any reasonable
moving costs incurred by Tenant because of such substitution. In the event of a substitution of space pursuant hereto, the term “Demised Premises” in this Lease shall thereafter and for all purposes be deemed to refer to the substitute
premises at such time. 
  
 77. CONDITIONAL LIMITATIONS: 
  
 In the event Tenant fails to pay any Minimum Rent or Additional Rent when
due, Landlord may, at its option, in addition to any other rights or remedies available to Landlord, send Tenant a ten (10) 

  

 23 

 
day notice to cure such default. If Tenant fails to cure such default within such ten (10) day period, Landlord may terminate this Lease on five (5) days
notice to Tenant. 
  
 78. TENANT’S LEASING OF THE REMAINING PORTION OF
RENTABLE SPACE LOCATED ON THE TWENTY THIRD FLOOR OF THE BUILDING: 
  
 (i) Commencing on the date (the “Expansion Space Commencement Date”) that vacant possession of the Expansion Space (hereafter defined) is delivered by Landlord to Tenant, and expiring on the Expiration Date of this Lease, Landlord
shall be deemed to have demised and let unto Tenant, in addition to the Demised Premises, and Tenant hereby shall be deemed to have leased and hired from Landlord, the remaining 7,078 rentable square feet of space located on the twenty third
(23rd) floor of the Building and the common corridor space appurtenant thereto (collectively, the “Expansion
Space”) as said space is shown on the Floor Plan of the twenty third (23rd) floor annexed hereto as Exhibit “F” and made a part hereof. Possession of said space shall be delivered to Tenant if, as, and when (after its leasing to a
third party or otherwise) it becomes vacant and available for leasing (in Landlord’s sole determination) during the term of this Lease and is not (or has not been) leased or committed to, and leasing rights therein have not been given or
committed to, any other party, including, without limitation, any other party now occupying or at any time occupying or leasing or proposing to lease the Expansion Space from Landlord. Unless otherwise amended as set forth in this Article, the terms
and conditions of this Lease shall apply to the Expansion Space in the same manner and fashion that they apply to the Demised Premises until the Expiration Date. Effective from and after the Expansion Space Commencement Date, the Expansion Space
shall be added to, and be deemed a part of, the Demised Premises and the Demised Premises, as referred to in the Lease, shall mean and refer collectively to the Demised Premises described in the Lease and the Expansion Space. 
  
 (ii) Landlord shall give written notice to the Tenant of the availability of
the Expansion Space for leasing by Tenant after Landlord learns of the date on which the Expansion Space shall become available for leasing to the Tenant in accordance with the provisions of subparagraph (i) hereinabove (“Landlord’s
Notice”). In the event the Expansion Space Commencement Date is to occur on or prior to July 1, 2002 then Landlord’s Notice shall be sent to Tenant at least ninety (90) days prior to the Expansion Space Commencement Date. The Annual
Minimum Rental Rate to be paid by Tenant for the Expansion Space shall be the then escalated per square foot Annual Minimum Rental Rate for the Demised Premises in effect on the date that the Landlord’s Notice is sent to Tenant. For example,
(a) if Landlord’s Notice is sent during the first 60 Lease Months of this Lease then the Annual Minimum Rental Rate payable by Tenant for the Expansion Space shall be $360,978.00 per Lease Year, or $30,081.50 per Lease Month (including
electricity, subject to Article 41 of the Lease, but excluding Additional Rent and escalations as provided in Articles 42, 43 and other provisions of this Lease) and (b) if Landlord’s Notice is sent during the last 63 Lease Months of this Lease
then the Annual Minimum Rental Rate payable by Tenant for the Expansion Space shall be $382,212.00 per Lease Year, or $31,851.00 per Lease Month (including electricity, subject to Article 41 of the Lease, but excluding Additional Rent and
escalations as provided in Articles 42, 43 and other provisions of this Lease). 
  
 Within ten (10) days of sending the Landlord’s Notice, Landlord shall deliver to Tenant a written amendment of this Lease for the Expansion Space containing the terms of the leasing by Tenant of the Expansion
Space, including, without limitation, the Annual Minimum Rental for the Expansion Space and the Additional Rent and escalations payable thereunder. Tenant shall execute and return seven (7) copies of said amendment of Lease to Landlord together with
the first months’s installment of Minimum Rent payable for the Expansion Space and the security deposit payable thereunder within five (5) days of receipt of a copy of the amendment of Lease from Landlord. All notices and documents to be given,
executed and/or delivered by Tenant hereunder shall be given by “certified mail, return receipt requested” and must be given within the time periods set forth in this Article, WITH TIME BEING OF THE ESSENCE. 
  
 (iii) Any such leasing of the Expansion Space shall be upon the same
covenants, agreements, provisions, terms and conditions as are contained in this Lease, except that (a) the Annual Minimum Rental Rate for the Expansion Space shall be as described in subparagraph (ii) hereinabove, (b) Tenant shall pay Additional
Rent and escalations for the Expansion Space as described in the Lease, (c) the additional Tenant’s Share for the Expansion Space shall be 

  

 24 

 
        %, (d) the additional Electric Inclusion Amount for the Expansion Space shall be $21,234.00 per Lease
Year (or $ 1,769.50 per Lease Month), (e) the additional security deposit for the Expansion Space shall be twelve (12) months of the equivalent of the average Minimum Rental installment payable for the Expansion Space for the remaining Lease term,
(f) (i) Tenant shall receive three (3) months of free Minimum Rent for the Expansion Space if the Expansion Space Commencement Date is on or before August 1, 2001 or (ii) Tenant shall receive two (2) months of free Minimum Rent for the Expansion
Space if the Expansion Space Commencement Date is after August 1, 2001 and (g) Tenant shall receive a separate Landlord’s Contribution for the Expansion Space equivalent to $30.00 per rentable square foot of the Expansion Space, which sum shall
be prorated for the remainder of the Lease term. The term of any lease for the Expansion Space shall commence on the Expansion Space Commencement Date and shall expire concurrently with the expiration of the term of this Lease or until the term of
this Lease shall sooner cease and/or terminate as provided in this Lease. The Expansion Space shall be accepted by Tenant in its then “as is” condition and Landlord shall not be required to perform any work or furnish any materials or
allowance in order to prepare the Expansion Space for Tenant’s occupancy, and there shall be no abatement of rent payable under any lease (or amendment of this Lease) for the Expansion Space (except as may be otherwise expressly set forth
herein). 
  
 (iv) In the event Tenant fails for any reason
whatsoever to execute the amendment of Lease for the Expansion Space within five (5) days of receipt of a copy of the amendment of Lease from Landlord, TIME BEING OF THE ESSENCE, then, at Landlord’s option, Landlord may deem Tenant’s
leasing of the Expansion Space to be forever and unconditionally lapsed and nullified, and if such option is exercised by Landlord then Landlord shall have the right to lease (or not lease) the Expansion Space to any party free and clear of any
rights of the Tenant in and to the Expansion Space. 
  
 (v)
Landlord shall not be liable to Tenant for any failure of an existing tenant, subtenant, licensee or other occupant to vacate any portion of the Expansion Space upon the expiration of its lease term. The obligations of Landlord and Tenant under this
Article and under the provisions of any lease agreement (or lease amendment, at Landlord’s sole option) shall be suspended during the period of holding over and until Landlord can deliver legal possession of such space to Tenant. In the event
that a tenant, subtenant, licensee or other occupant fails to vacate or surrender its leased space, any rights that Tenant may have in and to such space shall be deemed extinguished without any liability on the part of Landlord therefor. Landlord
makes no representations or warranties as to the validity and/or enforceability of any provisions contained or to be contained in existing or future leases for the Expansion Space. 
  
 (vi) Notwithstanding anything to the contrary contained in this Article, Landlord has advised Tenant that (i) any current
occupant of the Expansion Space or any other party, whether or not a tenant of the Building (collectively, the “Prior Optionees”) may currently have or in the future may obtain certain rights to lease the Expansion Space, and (ii) the
existing tenant, if any (the “Existing Tenant”) in the Expansion Space may extend the terms of its lease either pursuant to an option or otherwise, and Landlord and Tenant agree that Tenant’s leasing of the Expansion Space under this
Article with respect to the Expansion Space is subject and subordinate to the rights of the Prior Optionees and the Existing Tenant, so that Landlord shall have no obligation to notify Tenant of the availability of the Expansion Space (and Tenant
shall have no rights with respect thereto) until after the Prior Optionees’ and Existing Tenant’s rights with respect to the Expansion Space shall have accrued and expired without having been exercised and the Expansion Space shall have
been vacated and surrendered to Landlord. 
  

 25 

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

			
	LANDLORD
	
	 SMII FIFTH AVENUE LLC,
 a Delaware Limited Liability Company

		
	By:	 	 Koll Bren Schreiber Realty Advisors, Inc.,
 as
Agent

		
	By:	 	 
	 	 	Charles A. Valentino,
	 	 	Senior Vice President

  

			
	TENANT
	
	TIGRIS CONSULTING,
	 a _______________

		
	By:	 	 

  

 26 

  
 EXHIBIT “A”

  
 THE DEMISED PREMISES 
  

 27 

  
 EXHIBIT “B”

  
 LANDLORD’S BASE BUILDING WORK 
  

	1.	Landlord shall demolish the Demised Premises and deliver same to Tenant in broom clean condition. 

  

	2.	Landlord shall deliver the sprinkler system in the Demised Premises in its existing “as is” condition on the date hereof. 

  

	3.	Landlord shall provide Tenant with an ACP-5 or ACP-7 certificate, whichever is applicable, for the Demised Premises. 

  

 28 

  
 EXHIBIT “C”

  
 LANDLORD’S WORK 
  

	1.	All perimeter windows shall be refurbished to Building-standard specifications. 

  

	2.	Deliver the HVAC Unit located in the Demised Premises in working condition. 

  

	3.	Cosmetically upgrade to Building-standard condition the existing bathrooms. 

  
 Tenant unconditionally acknowledges that Landlord may commence and perform Landlord’s Work (or any portion thereof) at any time (including, without
limitation, subsequent to the Commencement Date of the Lease) and in any order it so chooses and without regard to the performance by Tenant of any of the Tenant’s Work or Tenant’s Initial Installation (or any portion thereof). Tenant
further unconditionally acknowledges that the performance by Tenant of any of the Tenant’s Work or Tenant’s Initial Installation in and to the Demised Premises may not postpone in any respect the commencement or completion by Landlord of
the Landlord’s Work. 
  

 29 

  
 EXHIBIT “D”

  
 LANDLORD’S BASE BUILDING WORK CERTIFICATE

  
 SMII FIFTH AVENUE LLC 
 c/o Koll Bren Schreiber Realty, Advisors, Inc., as Agent 
 125 Summer Street 
 Suite 1640 
 Boston, MA 02110 
  
 Date:            , 2000 
  
 Tigris Consulting 
 261 Fifth Avenue, Part of 23rd Floor 
 New York, New York 
 Attention:
Mr.                     
  

	 	Re:	Lease (“Lease”) dated July        , 2000 between SMII Fifth Avenue LLC, as Landlord and Tigris Consulting, as Tenant for a
portion of the rentable space located on the 23rd floor located in the building known as 261 Fifth Avenue, New York, New York 

  
 Gentlemen: 
  
 All capitalized terms used herein shall have the meanings set forth in the Lease. 
  
 Reference is made to Article 39 of the Lease. 
  
 We are writing to acknowledge and confirm that the Landlord substantially completed Landlord’s Base Building Work (as such term is defined in Article
37 of the Lease) in the Demised Premises on            , 2000. As such, the Commencement Date (as such term is defined in Article 39 of the Lease) under the Lease
is            , 2000. As such, the Rent Commencement Date (as such term is defined in Article 39 of the Lease) under the Lease
is            , 2000. The Expiration Date of the Lease
is                        . 
  
 Please sign where indicated on the bottom left-hand corner of this letter to indicate your assent to the foregoing and deliver a fully-executed duplicate
original of this letter to the undersigned within five (5) days of the date hereof. 
  

			
	Landlord
	SMII FIFTH AVENUE LLC,
	a Delaware Limited Liability Company
	
	By: Koll Bren Schreiber Realty Advisors, Inc., as Agent
		
	By:	 	 
	 	 	 Charles A. Valentino,
 Senior Vice President

  

			
	ACCEPTED AND AGREED TO:
	
	Tenant
	TIGRIS CONSULTING,
	a __________________________
		
	By:	 	 

  

 30 

  
 EXHIBIT “E”

  
 FORM OF LETTER OF CREDIT 
  

 31 

					
	 DATE: ____________
	 	 	 	 
	 BENEFICIARY: ____________
	 	 	 	 APPLICANT: ____________

	 ADDRESS: ________
	 	 	 	 ADDRESS: ___________

  
 IRREVOCABLE UNCONDITIONAL STANDBY
LETTER OF CREDIT NUMBER: _____________________ 
  
 AMOUNT: USD $ _________________

  
 DATE OF EXPIRY: ___________ 
 PLACE OF EXPIRY: OUR COUNTERS 
  
 BY ORDER AND FOR ACCOUNT OF ________________________, HAVING AN ADDRESS AT __________, WE HEREBY OPEN OUR IRREVOCABLE UNCONDITIONAL TRANSFERABLE STANDBY
LETTER OF CREDIT NO. _________ IN YOUR FAVOR AND EFFECTIVE IMMEDIATELY FOR UP TO AN AGGREGATE AMOUNT OF USD$ __________ PAYABLE TO YOU AGAINST YOUR PRESENTATION TO US OF YOUR SIGHT DRAFT(S) DRAWN ON ___________ ACCOMPANIED BY: 
  
 + BENEFICIARY’S SIGNED STATEMENT AS FOLLOWS: 
  
 “WE, THE UNDERSIGNED, DULY AUTHORIZED SIGNATORS OF __________________________, HEREBY
CERTIFY THAT ____________________ MAY DRAW THE AMOUNT OF USD$ ___________ UNDER THIS LETTER OF CREDIT IN ACCORDANCE WITH THE PROVISIONS OF A CERTAIN LEASE DATED _____________ COVERING THE PREMISES AT: ____________, NEW YORK, NEW YORK”.

  
 IT IS A CONDITION OF THIS LETTER OF CREDIT THAT IT SHALL BE DEEMED
AUTOMATICALLY EXTENDED, WITHOUT AMENDMENT, FOR ADDITIONAL ONE YEAR PERIODS FROM THE CURRENT EXPIRATION DATE HEREOF OR ANY FUTURE EXPIRATION DATE, UNLESS 90 DAYS PRIOR TO ANY EXPIRATION DATE WE NOTIFY YOU BY CERTIFIED MAIL OR OVERNIGHT COURIER, PROOF
OF RECEIPT REQUESTED, THAT WE ELECT NOT TO CONSIDER THIS LETTER OF CREDIT RENEWED FOR ANY SUCH ADDITIONAL PERIOD. HOWEVER, IN ANY EVENT, THIS LETTER OF CREDIT WILL NOT BE EXTENDED BEYOND [INSERT DATE WHICH IS 120 DAYS AFTER EXPIRATION DATE OF
LEASE], WHICH IS THE FINAL EXPIRATION DATE. UPON RECEIPT OF SUCH NOTIFICATION FROM US, YOU MAY DRAW YOUR SIGHT DRAFT ON US, MENTIONING THEREON OUR CREDIT NUMBER FOR THE UNUSED PORTION OF THE LETTER OF CREDIT, IF PRESENTED TO US AT
________________________________ ON OR 
  

 32 

 PAGE 2 
  
 DRAFT(S) AND DOCUMENTS MUST BE FORWARDED 
  
 TO ______________________________________________________________________________________________ BANK IN ONE MAIL. 
  
 DRAFTS MUST STATE: “DRAWN UNDER ____________________ BANK LETTER OF CREDIT NO.
______________” AND, IF APPLICABLE, MUST ALSO BE ENDORSED ON ITS REVERSE. 
  
 THE LETTER OF CREDIT MAY BE FREELY ASSIGNED OR TRANSFERRED ONE OR MORE TIMES BY YOU OR YOUR SUCCESSORS AND/OR ASSIGNS TO ANY PARTY WITHOUT PAYMENT OF ANY FEE WHATSOEVER, BY BENEFICIARY EXECUTING AND DELIVERING TO _________________________
BANK THE TRANSFER FORM ANNEXED HERETO AS EXHIBIT “A”. 
  
 WE HEREBY
ENGAGE WITH YOU THAT DOCUMENTS PRESENTED IN CONFORMITY WITH THE TERMS OF THIS LETTER OF CREDIT WILL BE DULY HONORED BY US. 
  
 EXCEPT SO FAR AS OTHERWISE EXPRESSLY STATED, THIS LETTER OF CREDIT IS SUBJECT TO THE INTERNATIONAL STANDBY PRACTICES 1998, INTERNATIONAL CHAMBER OF COMMERCE PUBLICATION
NO. 690. 
  

	
	
	  
	 AUTHORIZED SIGNATURE

  

 33 

  
 “EXHIBIT A”

  
                              20     
  

	 	Re:	Credit                      Issued by: 

  

	 	  	__________________ 

  

	 	  	Your Advice 

  
 No._____________________ 
  
 Gentlemen:

  
 For value received, the undersigned beneficiary hereby
irrevocably transfers to: 
  

	
	
	 
	(Name of Transferee)

  

	
	
	 
	(Address)

  
 (thereafter
“Transferee”) all rights of the undersigned beneficiary to draw under the above Letter of Credit in its entirety. 
  
 By this transfer, all rights of the undersigned beneficiary in such Letter of Credit are transferred to the Transferee and the Transferee shall have the
sole rights as beneficiary thereof, including sole rights relating to any amendments, whether increases or extensions or other amendments and whether now existing or hereafter made. All amendments are to advised direct to the Transferee without
necessity of any consent of or notice to the undersigned beneficiary. 
  
 The advice of such Letter of Credit is returned herewith, and we ask you to endorse the transfer on the reverse thereof, and forward it direct to the Transferee with your customary notice of transfer. 
  

									
	 	 	 	 	Very truly yours,
				
	 	 	 	 	 	 	 
	 	 	 	 	 	 	(Name of Beneficiary)
				
	 SIGNATURE AUTHENTICATED
	 	 	 	 	 	 
					
	 	 	 	 	 	 	By	 	 
	 	 	 	 	 	 	 	 	(Signature & Title)
				
	 	 	 	 	 	 	 
	(Bank)	 	 	 	 	 	 
				
	 	 	 	 	 	 	 
	(Authorized Signature & Title)	 	 	 	 	 	 

  

 34 

  
 EXHIBIT “F”

  
 FLOOR PLAN OF THE EXPANSION SPACE 
  

 35 

  
 FIRST AMENDMENT OF LEASE

  
 THIS AGREEMENT (this “Amendment” or the
“Agreement”), made as of the 16th day of February, 2001, between SMII FIFTH AVENUE LLC, a Delaware limited liability company, having an office at c/o Koll Bren Schreiber Realty Advisors, Inc., 125 Summer Street, Suite 1640, Boston,
MA 02110 (the “Landlord”), and TIGRIS CORP., a New York corporation, having an address at 261 Fifth Avenue, New York, New York 10016 (“Tenant”). 
  
 W I T N E S S E T H : 
  
 WHEREAS, by Lease (“Original Lease”) dated as of August 31,2000,
Landlord, as landlord, did demise and let unto Tenant, as tenant and Tenant did hire and take, certain rentable space, as same is more particularly described in the Original Lease, located in the building commonly known as 261 Fifth Avenue, New
York, New York (the “Building”) as more particularly described in the Original Lease; 
  
 WHEREAS, the Original Lease, together with amendments and modifications thereto, is sometimes herein collectively referred to as the “Lease”;
and 
  
 WHEREAS, the parties desire by this Amendment to modify
Article 79 of the Original Lease as hereinafter set forth. 
  
 NOW, THEREFORE, in consideration of the sum of Ten Dollars ($10.00) paid by Tenant to Landlord and for other good and valuable consideration, the mutual receipt and legal sufficiency of which are hereby acknowledged, the parties agree as
follows: 
  
 1. Incorporation of Recitals. The recitals set
forth above are hereby incorporated herein by reference as if set forth in full in the body of this Amendment. 
  
 2. All defined terms used herein and not otherwise defined herein shall have the meanings ascribed to them in the Lease. 
  
 3. Effective Date. The effective date (“Effective Date”) of
this Amendment shall be upon the date of this Amendment hereinabove set forth. 
  
 4. Modifying Article 79 of the Original Lease, 
  
 (i) the License Termination Date is extended from March 31,2001 to May 31,2001; and 
  
 (ii) the License Fee payable by Tenant for the License
Premises for the period from March 1,2001 to and though May 31,2001 shall be $5,645.83 per month. 
  

 5. As modified and amended by this Amendment, all of the terms, covenants and conditions of the Lease are
hereby ratified and confirmed and shall continue to be and remain in full force and effect throughout the remainder of the term thereof. 
  
 IN WITNESS WHEREOF, Landlord and Tenant have caused this Agreement to be executed as of the day and year first above written. 
  

											
	 	 	 	 	 Landlord

			
	 	 	 	 	 SMII FIFTH AVENUE LLC,
 a Delaware limited liability company

				
	Witnessed by:	 	 	 	By:	 	Koll Bren Schreiber Realty Advisors, Inc., as Agent
				
	 	 	 	 	By:	 	 
	 	 	 	 	 	 	 	 	Charles A. Valentino,
	 	 	 	 	 	 	 	 	Senior Vice President

  

									
				
	 	 	 	 	 	 	 Tenant

			
	 Witnessed by:
	 	 	 	 TIGRIS CORP., a New York corporation

				
	/s/    Illegible        	 	 	 	 By:
	 	/s/    BRENT HABIG        
	 	 	 	 	 	 	 Name:
	 	Brent Habig
	 	 	 	 	 	 	 Title:
	 	President

  

 2Lease Agreement - Thirty Three Associates LLC / Tigris Corp.

 Exhibit 10.17 
  
 OFFICE LEASE 
  
 33 NORTH LASALLE BUILDING 
  
 BETWEEN 
  
 THIRTY-THREE ASSOCIATES LLC 
  
 AS LANDLORD 
  
 AND

  
 TIGRIS CORPORATION 
  
 AS TENANT 
  

  
 TABLE OF CONTENTS

  

							
	 Article

	  	 	  	 	  	Page

			
	 1
	  	 BASIC LEASE PROVISIONS AND IDENTIFICATION OF EXHIBITS
	  	1
	 	  	1.1	  	BASIC LEASE PROVISIONS	  	1
	 	  	1.2	  	IDENTIFICATION OF EXHIBITS	  	2
			
	 2
	  	 PREMISES AND TERM
	  	3
	 	  	2.1	  	LEASE OF PREMISES	  	3
	 	  	2.2	  	TERM	  	3
	 	  	2.3	  	PRE-TERM OCCUPANCY	  	3
				
	 3
	  	 RENT
	  	 	  	3
	 	  	3.1	  	RENT	  	3
	 	  	3.2	  	ABATEMENT OF MONTHLY BASE RENT	  	4
			
	 4
	  	 ADJUSTMENTS TO MONTHLY BASE RENT
	  	4
	 	  	4.1	  	DEFINITIONS	  	4
	 	  	4.2	  	ADJUSTMENTS TO MONTHLY BASE RENT	  	5
	 	  	4.3	  	PROJECTIONS	  	6
	 	  	4.4	  	READJUSTMENTS	  	6
	 	  	4.5	  	BOOKS AND RECORDS	  	7
	 	  	4.6	  	NO DECREASES IN MONTHLY BASE RENT	  	7
			
	 5
	  	 SERVICES
	  	7
	 	  	5.1	  	LANDLORD’S GENERAL SERVICES	  	7
	 	  	5.2	  	ADDITIONAL AND AFTER-HOURS SERVICES	  	8
	 	  	5.3	  	ELECTRIC AND TELEPHONE SERVICE	  	8
	 	  	5.4	  	INTERRUPTION OF SERVICES	  	8
	 	  	5.5	  	ACCESS	  	8
			
	 6
	  	 POSSESSION, USE AND ENJOYMENT
	  	9
	 	  	6.1	  	USE	  	9
	 	  	6.2	  	NO VIOLATION OF LAWS	  	9
	 	  	6.3	  	QUIET ENJOYMENT	  	9
			
	 7
	  	 CONDITION OF PREMISES
	  	9
			
	 8
	  	 ASSIGNMENT AND SUBLETTING
	  	9
	 	  	8.1	  	ASSIGNMENT AND SUBLETTING	  	9
	 	  	8.2	  	RECAPTURE	  	10

  

 i 

							
	 Article

	  	 	  	 	  	Page

				
	 	  	8.3	  	ASSIGNMENT OR SUBLET TO AFFILIATE	  	10
			
	 9
	  	 MAINTENANCE
	  	11
	 	  	9.1	  	LANDLORD’S MAINTENANCE	  	11
	 	  	9.2	  	TENANT’S MAINTENANCE	  	11
			
	 10
	  	 ALTERATIONS AND IMPROVEMENTS
	  	12
	 	  	10.1	  	TENANT’S ALTERATIONS	  	12
	 	  	10.2	  	LIENS	  	13
			
	 11
	  	 WAIVERS OF CLAIMS AND INDEMNITY
	  	13
	 	  	11.1	  	WAIVERS	  	13
	 	  	11.2	  	INDEMNIFICATION	  	14
			
	 12
	  	 LANDLORD’S REMEDIES
	  	14
	 	  	12.1	  	EVENTS OF DEFAULT	  	14
	 	  	12.2	  	LANDLORD’S REMEDIES	  	14
	 	  	12.3	  	WAIVER OF TRIAL BY JURY	  	15
	 	  	12.4	  	ATTORNEYS’ FEES	  	16
			
	 13
	  	 SURRENDER OF PREMISES
	  	16
			
	 14
	  	 HOLDING OVER
	  	16
			
	 15
	  	 DAMAGE BY FIRE OR OTHER CASUALTY
	  	17
	 	  	15.1	  	SUBSTANTIAL UNTENANTABILITY	  	17
	 	  	15.2	  	INSUBSTANTIAL UNTENANTABILITY	  	17
	 	  	15.3	  	RENT ABATEMENT	  	18
	 	  	15.4	  	TENANT’S RESTORATION	  	18
			
	 16
	  	 EMINENT DOMAIN
	  	18
	 	  	16.1	  	SUBSTANTIAL TAKING	  	18
	 	  	16.2	  	INSUBSTANTIAL TAKING	  	18
	 	  	16.3	  	COMPENSATION	  	19
			
	 17
	  	 TENANT’S INSURANCE
	  	19
			
	 18
	  	 RULES AND REGULATIONS
	  	20
			
	 19
	  	 LANDLORD’S RIGHTS
	  	20

  

 ii 

							
	 Article

	  	 	  	 	  	Page

			
	 20
	  	ESTOPPEL CERTIFICATES	  	21
			
	 21
	  	RELOCATION OF TENANT	  	21
			
	 22
	  	SECURITY DEPOSIT	  	22
			
	 23
	  	REAL ESTATE BROKERS	  	24
			
	 24
	  	SUBORDINATION, ATTORNMENT AND MORTGAGEES’ CURE RIGHTS	  	24
	 	  	24.1	  	SUBORDINATION	  	24
	 	  	24.2	  	ATTORNMENT	  	25
	 	  	24.3	  	MORTGAGEES’ CURE RIGHTS	  	25
			
	 25
	  	NOTICES	  	26
			
	 26
	  	MISCELLANEOUS	  	26
	 	  	26.1	  	LATE CHARGES	  	26
	 	  	26.2	  	FINANCIAL INFORMATION	  	26
	 	  	26.3	  	NO OPTION	  	26
	 	  	26.4	  	ACCORD AND SATISFACTION	  	27
	 	  	26.5	  	LANDLORD’S OBLIGATIONS ON SALE OF BUILDING	  	27
	 	  	26.6	  	SUCCESSORS AND ASSIGNS	  	27
	 	  	26.7	  	FORCE MAJEURE	  	27
	 	  	26.8	  	CAPTIONS	  	28
	 	  	26.9	  	APPLICABLE LAW	  	28
	 	  	26.10	  	TIME OF THE ESSENCE	  	28
	 	  	26.11	  	LANDLORD’S RIGHT TO PERFORM TENANT’S OBLIGATIONS	  	28
	 	  	26.12	  	DELAY IN POSSESSION	  	28
	 	  	26.13	  	ENVIRONMENTAL REQUIREMENTS	  	28
	 	  	26.14	  	RENOVATION OR DEMOLITION	  	29
	 	  	26.15	  	LIMITATION OF LIABILITY	  	29
	 	  	26.16	  	ENTIRE AGREEMENT	  	29
	 	  	26.17	  	NO CONSTRUCTION AGAINST PREPARER OF LEASE	  	29
	 	  	26.18	  	TENANT	  	30
	 	  	26.19	  	RECORDING	  	30
	 	  	26.20	  	SEVERABILITY	  	30
			
	 27
	  	RIGHT OF FIRST OFFER	  	30
			
	 28
	  	OPTION TO EXPAND	  	33

  

 iii 

							
	 Article

	  	 	  	 	  	Page

			
	 29
	  	 OPTION TO RENEW
	  	34
			
	 30
	  	 TEMPORARY USE
	  	36

  

 iv 

  
 OFFICE LEASE

  
 ARTICLE 1 
  
 BASIC LEASE PROVISIONS AND IDENTIFICATION OF EXHIBITS 
  

	1.1	BASIC LEASE PROVISIONS. 

  

	A.	BUILDING AND ADDRESS: 

  
 33 North LaSalle Building 
 33 North LaSalle
Street 
 Chicago, Illinois 60602 
  

	B.	LANDLORD AND ADDRESS: 

  
 Thirty-Three Associates LLC 
 c/o Golub &
Company 
 625 North Michigan Avenue, Suite 2000 
 Chicago, Illinois 60611 
  

	C.	TENANT AND CURRENT ADDRESS: 

  
 Tigris Corporation, a New York corporation 
 155 North Michigan Avenue, Suite 2813 
 Chicago, Illinois 60601 
  

	D.	DATE OF LEASE:                     , 2000 

  

	E.	LEASE TERM: Six (6) years, nine (9) months, and approximately fourteen (14) days 

  

	F.	COMMENCEMENT DATE OF TERM: May 15, 2000, subject to adjustment pursuant to Section 2.2 below 

  

	G.	EXPIRATION DATE OF TERM: February 28, 2007, subject to adjustment pursuant to Section 2.2 below 

	H.	MONTHLY BASE RENT: 

  

										
	 Period

	  	Annual Base Rent

	  	Monthly Base Rent

	  	Per Rentable Square Foot

	 5/15/00 - 5/31/01
	  	$	211,650.00	  	$	17,637.50	  	$	25.50
	 6/1/01 - 5/31/02
	  	$	215,799.96	  	$	17,983.33	  	$	26.00
	 6/1/02 - 5/31/03
	  	$	219,950.04	  	$	18,329.17	  	$	26.50
	 6/1/03 - 5/31/04
	  	$	224,100.00	  	$	18,675.00	  	$	27.00
	 6/1/04 - 5/31/05
	  	$	228,249.96	  	$	19,020.83	  	$	27.50
	 6/1/05 - 5/31/06
	  	$	232,400.04	  	$	19,366.67	  	$	28.00
	 6/1/06 - 2/28/07
	  	$	236,550.00	  	$	19,712.50	  	$	28.50

  

	I.	RENTABLE AREA OF THE PREMISES: 8,300 rentable square feet on the thirty-fifth (35th) floor (4,132 rentable square feet) and thirty-sixth (36th) floor (4,168 rentable square feet)
(Suites 3500 and 3600) 

  

	J.	TENANT’S PROPORTIONATE SHARE: 2.05% 

  

	K.	SECURITY DEPOSIT: See Article 22 

  

	L.	BROKERS: Golub & Company and Insignia/ESG 

  

	1.2	IDENTIFICATION OF EXHIBITS. 

  
 The exhibits set forth below and attached to this Lease are incorporated in this Lease by this reference: 
  

			
	EXHIBIT A	 	Plans of Premises
		
	EXHIBIT B	 	Work Letter
		
	EXHIBIT C	 	Rules and Regulations

  

 2 

  
 ARTICLE 2 

 
 PREMISES AND TERM 
  
 2.1 LEASE OF PREMISES. Landlord leases to Tenant and Tenant
leases from Landlord the premises (the “Premises”) shown on Exhibit A attached hereto which are contained in the office building described in Section 1.1 A (the “Building”), upon the following terms and conditions.

  
 2.2 TERM. The term of this Lease (the
“Term”) shall commence on the date (the “Commencement Date”) stated in Section 1.1F. The Term shall expire on the date (the “Expiration Date”) stated in Section 1.1G, unless sooner terminated as otherwise provided in
this Lease. The Commencement Date and the Expiration Date may be extended in accordance with this Lease. In the event of such extension, each date set forth in the Monthly Base Rent schedule in Section 1.1H shall be deemed to have been adjusted by
an equal number of days. Promptly after the actual Commencement Date and the actual Expiration Date are ascertained, Landlord and Tenant shall execute and deliver to each other an agreement in form and substance satisfactory to Landlord and Tenant
setting forth the actual Commencement Date and the actual Expiration Date. 
  
 2.3 PRE-TERM OCCUPANCY. Any possession or occupancy of the Premises by Tenant prior to the Commencement Date shall be deemed to be under all of the terms, covenants, conditions and provisions of this
Lease, including the covenant to pay Monthly Base Rent, except that Tenant shall not be required to pay Monthly Base Rent for pre-Term occupancy for the purpose of performing work to make the Premises ready for Tenant’s use and occupancy, and
except as provided with respect to Suite 3600 in Article 30 below. Tenant may not occupy the Premises prior to the Commencement Date without authorization from Landlord except as provided in Article 30. 
  
 ARTICLE 3 
  
 RENT 
  
 3.1 RENT. Tenant agrees to pay to Landlord by check payable to Landlord, which checks shall be mailed to Landlord at 135 South LaSalle
Street, Dept. 3648, Chicago, Illinois 60674-3648, or at such other place designated by Landlord, without any prior notice or demand and without any deduction whatsoever (except as may be expressly provided in this Lease), base rent at the monthly
rate or respective monthly rates stated in Section 1.1H (“Monthly Base Rent”). Monthly Base Rent is subject to adjustment pursuant to Section 4.2, and as adjusted is called “Adjusted Monthly Base Rent”. Monthly Base Rent and
Adjusted Monthly Base Rent shall be paid monthly in advance on the first day of each month of the Term, except that the first installment of Monthly Base Rent shall be paid by Tenant to Landlord upon execution of this Lease by Tenant. Monthly Base
Rent and Adjusted Monthly Base Rent shall be prorated for partial months within the Term. All charges, costs and sums required to be paid by Tenant to Landlord under this Lease and under the 

  

 3 

 
work agreement attached as Exhibit B (the “Work Letter”) in addition to Monthly Base Rent and Adjusted Monthly Base Rent shall be considered
additional rent, and Monthly Base Rent and Adjusted Monthly Base Rent and additional rent shall be collectively called “Rent”. Tenant’s covenant to pay Rent shall be independent of every other covenant in this Lease. 
  
 3.2 ABATEMENT OF MONTHLY BASE RENT. Notwithstanding anything to the
contrary contained herein, so long as Tenant is not in default under this Lease Monthly Base Rent and Adjusted Monthly Base Rent shall abate under this Lease on 4,168 rentable square feet of the Premises for the period beginning on the Commencement
Date and ending on the first to occur of 

	(a)	Tenant’s occupancy of all or any portion of Suite 3600 for the conduct of business and 

	(b)	February 28, 2001. 

  
 ARTICLE 4 
  
 ADJUSTMENTS TO MONTHLY BASE RENT 
  
 4.1
DEFINITIONS. For the purposes of this Lease, the following words and phrases shall have the following meanings: 
  
 A. “Adjustment Date” shall mean January 1, 2001 and each January 1 thereafter occurring within the Term. 
  
 B. “Adjustment Year” shall mean each calendar year during which an
Adjustment Date occurs. 
  
 C. “Base Year” shall mean
the calendar year 2000. 
  
 D. “Operating Expenses”
shall mean all costs, expenses and disbursements of every kind and nature which Landlord shall pay or become obligated to pay in connection with the management, operation, maintenance, replacement and repair of the Building and the land on which it
is situated, and of the personal property, fixtures, machinery, equipment, systems and apparatus located in or used in connection therewith, including, without limitation, current amortization of capital improvements which are designed to reduce
Operating Expenses, or which are required by governmental law, regulation or ordinance other than the Americans with Disabilities Act as presently construed and in effect. If the Building is not at least 95% occupied by tenants during any portion of
any year, the components of Operating Expenses which vary upon the occupancy level of the Building shall be increased to the amount that would have been paid or incurred had the Building been at least 95% occupied at all times during such year and
such increases shall be included in Operating Expenses for such year; provided, however, that Landlord shall not be entitled to retain payments by Tenant and other tenants of the Building on account of Operating Expenses under this Article 4 and
similar provisions in other leases of premises in the Building of an aggregate amount in excess of 100% of Operating Expenses. Operating Expenses shall not include the following: costs 

  

 4 

 
of improvement of the Premises and the premises of other tenants of the Building; charges for depreciation of the Building and improvements thereto; interest
and principal payments on mortgages; ground rental payments; real estate brokerage and leasing commissions; expenses incurred in enforcing obligations of other tenants of the Building; salaries and other compensation of executive officers of the
managing agent for Landlord, Golub & Company (the “Manager”), senior to the Building manager; any expenditures for which Landlord has been reimbursed (other than pursuant to rent adjustment and escalation provisions provided in
leases); capital improvements to the Building (except as provided above); and all taxes and assessments other than sales and use taxes. 
  
 E. “Taxes” shall mean all federal, state and local governmental taxes, assessments and charges (including transit or transit district taxes or
assessments) of every kind or nature, whether general, special, ordinary or extraordinary, which Landlord shall pay or become obligated to pay because of or in connection with the ownership, leasing, management, control or operation of the Building
(including the land on which it is situated), or of the personal property, fixtures, machinery, equipment, systems and apparatus located therein or used in connection therewith (including any rental or similar taxes levied in lieu of or in addition
to general real and/or personal property taxes). For purposes hereof, Taxes for any year shall be Taxes which are due for payment or paid in that year, rather than Taxes which are assessed or become a lien during such year. There shall be included
in Taxes for any year the amount of all fees, costs and expenses (including reasonable attorneys’ fees) paid by Landlord during such year in seeking or obtaining any refund or reduction of Taxes. Taxes in any year shall be reduced by the net
amount of any tax refund received by Landlord during such year. If a special assessment payable in installments is levied against the land on which the Building is situated, Taxes for any year shall include only the installment of such assessment
and any interest payable or paid during such year. Taxes shall not include any federal, state or local sales, use, franchise, capital stock, inheritance, general income, gift or estate taxes, except that if a change occurs in the method of taxation
resulting in whole or in part in the substitution of any such taxes, or any other assessment, for any Taxes as above defined, such substituted taxes or assessments shall be included in the Taxes. 
  
 F. “Tenant’s Proportionate Share” is stated in Section 1.1J,
and is the percentage resulting from dividing (1) the number of square feet of rentable area of the Premises as stated in Section 1.1I by (2) the number of square feet of rentable area of the Building (403,933). If changes are made to this Lease or
the Building changing the number of square feet of rentable area of the Premises or the Building, Landlord shall make an appropriate adjustment to Tenant’s Proportionate Share. 
  
 4.2 ADJUSTMENTS TO MONTHLY BASE RENT. Effective as of each Adjustment Date (the “Applicable Adjustment
Date”) to and including the day immediately preceding the following Adjustment Date, Monthly Base Rent shall be increased by an amount equal to 1/12 of the sum of: 
  
 (a) Tenant’s Proportionate Share of the amount by which Taxes for the Adjustment Year in which the
Applicable Adjustment Date occurs exceed Taxes for the Base Year; plus 
  

 5 

 (b) Tenant’s Proportionate Share of the amount by which Operating Expenses for the
Adjustment Year in which the Applicable Adjustment Date occurs exceed Operating Expenses for the Base Year. 
  
 4.3 PROJECTIONS. For purposes of calculating Taxes and Operating Expenses for any Adjustment Year, Landlord may make reasonable estimates,
forecasts or projections (collectively, the “Projections”) of Taxes and Operating Expenses for such Adjustment Year. Within approximately sixty (60) days following each Adjustment Date, Landlord shall deliver to Tenant a written statement
setting forth the Projections of Operating Expenses and Taxes for the Adjustment Year in which such Adjustment Date occurs and providing a calculation of the increase in installments of Monthly Base Rent to become effective as of such Adjustment
Date; provided, however, that the failure of Landlord to provide any such statement within such period shall not relieve Tenant from its obligation to continue to pay Adjusted Monthly Base Rent at the rate then in effect under this Lease, and,
within thirty (30) days following the date on which Landlord delivers such statement to Tenant, Tenant shall pay any increases in Monthly Base Rent reflected thereby effective retroactively to the most recently preceding Adjustment Date; and further
provided, that Landlord may deliver revised Projections to Tenant at any time and from time to time during any Adjustment Year and Tenant shall pay any increases in Monthly Base Rent reflected thereby retroactive to the most recently preceding
Adjustment Date. 
  
 4.4 READJUSTMENTS. On or about April
1st following the end of each Adjustment Year, or at such later time as Landlord shall be able to determine the actual amounts of Operating Expenses and Taxes for the Adjustment Year last ended, Landlord shall notify Tenant in writing of such actual
amounts. If such actual amounts exceed the Projections for such Adjustment Year, then Tenant shall, within thirty (30) days after the date of such written notice from Landlord, pay to Landlord an amount equal to the excess of the Adjusted Monthly
Base Rent payable for the Adjustment Year last ended based upon actual Operating Expenses and Taxes for such year over the total Adjusted Monthly Base Rent paid by Tenant during such Adjustment Year. The obligation to make such payments shall
survive the expiration or earlier termination of the Term. If the total Adjusted Monthly Base Rent paid by Tenant during such Adjustment Year exceeds the amount thereof payable for such year based upon actual Operating Expenses and Taxes for such
Adjustment Year, then Landlord shall credit such excess to installments of Adjusted Monthly Base Rent payable after the date of Landlord’s notice until such excess has been exhausted, or if this Lease shall expire prior to full application of
such excess, Landlord shall, within thirty (30) days after the date of Landlord’s notice for the Adjustment Year in which this Lease expires, pay to Tenant the balance thereof not theretofore applied against Rent. No interest or penalties shall
accrue on any amounts which Tenant is obligated to pay to Landlord or which Landlord is obligated to credit or pay to Tenant by reason of this Section. 
  

 6 

 4.5 BOOKS AND RECORDS. Landlord shall maintain books and records showing Taxes and
Operating Expenses in accordance with sound accounting and management practices. Provided that all Rent (including Adjusted Monthly Base Rent) accrued at such time has been paid in full, Tenant, or an accountant designated by Tenant and approved by
Landlord, may, at Tenant’s sole expense, examine such books and records for any Adjustment Year at any time within ninety (90) days after the date upon which Tenant receives Landlord’s notice of the actual amounts of Operating Expenses and
Taxes for such Adjustment Year. Such examination shall be conducted during normal business hours at a time and date mutually acceptable to Landlord and Tenant and shall take place, at Landlord’s election, either at the office of the Building or
the executive offices of Landlord, or Landlord’s managing agent. Unless Tenant delivers to Landlord within such ninety (90) day period a written notice of Tenant’s objection to such Landlord’s notice of the actual amounts of such
Operating Expenses and Taxes (and which notice shall contain the specific details of Tenant’s objection), such Landlord’s notice shall be considered as final and binding upon Tenant. All information obtained and the results of
Tenant’s examination of Landlord’s books and records shall be kept strictly confidential and shall not be disclosed to any third party without Landlord’s prior written consent. 
  
 4.6 NO DECREASES IN MONTHLY BASE RENT. Notwithstanding anything
to the contrary contained in this Lease, Monthly Base Rent shall not be adjusted or decreased below the amount or respective amounts set forth in Section 1.1H, except by way of credit as set forth in Section 4.4 hereof. 
  
 ARTICLE 5 
  
 SERVICES 
  
 5.1 LANDLORD’S GENERAL SERVICES. Landlord shall provide the following services: 
  
 (a) heat and air-conditioning in the Premises, Monday
through Friday from 8:00 A.M. to 6:00 P.M. and Saturday from 8:00 A.M. to 1:00 P.M., excluding national holidays, to the extent necessary for comfortable occupancy of the Premises under normal business operations and in the absence of excess density
and of the use of machines or equipment which affect the temperature otherwise maintained in the Premises, subject, however, to applicable legal requirements and restrictions; 
  
 (b) city water from the regular Building fixtures for drinking, lavatory and toilet purposes only;

  
 (c) customary cleaning and janitorial
services in and about the Premises Monday through Friday, excluding national holidays; and 
  

 7 

 (d) elevator service in common with other tenants of the Building at all times.

  
 5.2 ADDITIONAL AND AFTER-HOURS SERVICES.
Landlord shall not be obligated to furnish any services or utilities, other than those stated in Section 5.1 above. If Landlord elects to furnish services or utilities requested by Tenant in addition to those listed in Section 5.1 or at times other
than those stated in Section 5.1, Tenant shall pay to Landlord the prevailing charges for such services and utilities, within thirty (30) days after billing. If Tenant fails to make any such payment, Landlord may, without notice to Tenant and in
addition to Landlord’s other remedies under this Lease, discontinue any or all of such additional or after-hours services. No such discontinuance of any service shall result in any liability of Landlord to Tenant, or be considered an eviction
or a disturbance of Tenant’s use of the Premises, or relieve Tenant from its obligation to pay all Rent when due or from any other obligation of Tenant under this Lease. 
  
 5.3 ELECTRIC AND TELEPHONE SERVICE. The Premises are separately metered for electricity. Electricity shall be
distributed to the Premises either by the electric utility company serving the Building or, at Landlord’s option, by Landlord. If an electric utility company is distributing electricity to the Premises, Tenant at its cost shall make all
necessary arrangements with the electric utility company for paying for electric power or current furnished to the Premises (other than for the services provided under Section 5.1 (a)). If and so long as Landlord is distributing electricity to the
Premises, Tenant shall obtain all of such electricity from Landlord and shall pay all of Landlord’s charges, which shall be based on meter readings and shall not exceed the amounts Tenant would pay if electricity were being furnished directly
by a regulated electric utility company serving the area. Tenant shall also pay for the maintenance and replacement of all light fixtures, electrical switches, electrical outlets, lamps, bulbs, tubes, ballasts and starters located in the Premises
and shall use only Landlord’s employees to effectuate such maintenance and replacement. Tenant shall make arrangements directly with telecommunications companies serving the Building for all telephone and other telecommunications service
desired by Tenant and shall pay for all service used in the Premises. 
  
 5.4 INTERRUPTION OF SERVICES. In the event any failure, delay or interruption of services or utilities to be furnished by Landlord is due to a cause within Landlord’s reasonable control and causes the Premises to be
untenantable, and as a result thereof Tenant in fact ceases to use the Premises for a period in excess of three (3) consecutive business days, then commencing on the fourth (4th) consecutive business day of such untenantability and non-use, Monthly
Base Rent (or Adjusted Monthly Base Rent, as the case may be) payable by Tenant shall be abated until the earliest to occur of (a) the date such failure, delay or interruption is remedied, (b) the date the Premises are again tenantable or (c) the
date Tenant resumes use of the Premises. 
  
 5.5
ACCESS. Tenant shall have access to the Premises twenty-four (24) hours a day, 365 (or 366, as applicable) days per year, in accordance with the rules and regulations referred to in Article 18 below and except in the event of dangerous
conditions. 
  

 8 

 ARTICLE 6 
  

POSSESSION, USE AND ENJOYMENT 
  
 6.1 USE. Tenant shall use and occupy the Premises only for general private business offices and for no other use or purpose.

  
 6.2 NO VIOLATION OF LAWS. Tenant shall not
occupy or use the Premises or permit the use or occupancy of the Premises for any purpose or in any manner which would violate any present or future federal, state or local law, ordinance or regulation. 
  
 6.3 QUIET ENJOYMENT. So long as Tenant is not in default under
this Lease, Landlord agrees that Tenant’s possession of the Premises will not be disturbed by Landlord, or its successors or assigns, subject to the provisions of this Lease. 
  
 ARTICLE 7 
  
 CONDITION OF PREMISES 
  
 Except for “punchlist” items under the Work Letter and latent defects, Tenant shall be conclusively presumed to have accepted each portion of
the Premises in the condition existing on the date Landlord tenders possession of such portion of the Premises, and to have waived all claims relating to the condition thereof. No agreement of Landlord to alter, remodel, decorate, clean or improve
the Premises or the Building (or to pay for any such work) and no representation regarding the condition of the Premises or the Building has been made by or on behalf of Landlord to Tenant, except as stated in this Lease or in the Work Letter.

  
 ARTICLE 8 
  
 ASSIGNMENT AND SUBLETTING 
  
 8.1 ASSIGNMENT AND SUBLETTING. Without the prior written
consent of Landlord, Tenant shall not (a) sublease the Premises, or assign, convey, encumber, mortgage, pledge, hypothecate or otherwise transfer or permit the transfer of this Lease or the interest of Tenant in this Lease, in whole or in part, by
operation of law or otherwise; or (b) permit the use and occupancy of the Premises by-any party other than Tenant, its agents, employees, invitees, guests and licensees. Landlord agrees that Landlord’s consent to a proposed assignment or
sublease will not be unreasonably withheld or delayed. Tenant agrees that Landlord shall not be deemed to have unreasonably withheld its consent if Tenant is in default under this Lease or if the proposed transferee is a tenant or occupant of the
Building or negotiating with Landlord for space in the Building, in addition to other circumstances in which Landlord’s consent may reasonably be withheld. If Tenant 

  

 9 

 
desires to assign this Lease or enter into any sublease of the Premises, Tenant shall deliver written notice of such intent to Landlord, together with a copy
of the proposed assignment or sublease and any other information which Landlord reasonably requires, at least thirty (30) days prior to the effective date of the proposed assignment or commencement date of the term of the proposed sublease. Landlord
shall advise Tenant within thirty (30) days after receipt by Landlord of Tenant’s notice of intent and such documentation and other information of Landlord’s consent or denial of consent to the proposed assignment or sublease. Any approved
sublease shall be expressly subject to the terms and conditions of this Lease. Tenant shall pay Landlord monthly during the term of each sublease, 50% of the excess of all rent and other consideration paid by the subtenant during such month over
that portion of the Adjusted Monthly Base Rent due under this Lease for such month which is allocable on a square footage basis to the space sublet after the deduction of all reasonable out-of-pocket costs, including, without limitation,
construction costs, marketing costs, real estate commissions, attorneys’ fees and lease concessions. Tenant shall pay Landlord 50% of all consideration paid to Tenant on account of each assignment, after the deduction of all reasonable
out-of-pocket costs, including, without limitation, construction costs, marketing costs, real estate commissions, attorneys’ fees and lease concessions, when paid by the assignee. In the event of any sublease or assignment, Tenant shall not be
released or discharged from any liability, whether past, present or future, under this Lease. For purposes of this Lease, an assignment shall be considered to include a change in the majority ownership or control of Tenant, if Tenant is a
corporation whose shares of stock are not traded publicly or a partnership, limited liability company or other business entity. Tenant shall pay Landlord’s reasonable costs and expenses, including attorneys’ fees and fees of architects,
engineers and other professionals, incurred in connection with any proposed assignment or sublease, whether or not Landlord consents to such assignment or sublease. 
  
 8.2 RECAPTURE. If Tenant desires to assign this Lease or enter into any sublease of the Premises, Landlord shall have
the option (a) to terminate this Lease effective as of the proposed effective date of the assignment or commencement date of sublease, in the case of an assignment or of a proposed sublease of all of the Premises, or (b) to exclude from the Premises
covered by this Lease, the space proposed to be sublet by Tenant, in the case of a proposed sublease of less than all of the Premises, effective as of the proposed commencement date of sublease of such space by Tenant. Landlord may exercise such
option by giving Tenant written notice within twenty (20) days after receipt by Landlord of Tenant’s notice of the proposed assignment or sublease. If Landlord exercises such option, Tenant shall surrender possession of the Premises or affected
portion thereof to Landlord on the effective date of termination or exclusion, and neither party hereto shall have any further rights or liabilities with respect to such space under this Lease. Effective as of the date of exclusion of any portion of
the Premises covered by this Lease pursuant to this paragraph: (i) Monthly Base Rent shall be reduced by the Monthly Base Rent for the portion of the Premises so excluded and (ii) the rentable area of the Premises shall be decreased by the number of
square feet of rentable area contained in the portion of the Premises so excluded and Tenant’s Proportionate Share shall be adjusted accordingly for all purposes under this Lease. There shall be no restrictions on Landlord reletting the
Premises or the portion thereof so excluded to any other tenant, including, without limitation, Tenant’s proposed assignee or subtenant. 
  

 10 

 8.3 ASSIGNMENT OR SUBLET TO AFFILIATE. Notwithstanding anything to the contrary contained herein,
Landlord’s consent shall not be required for an assignment or sublease to a Tenant Affiliate (as hereinafter defined), and Landlord shall not terminate this Lease with respect to any portion of the Premises under Section 8.2 above or collect
any excess rent as a result of such assignment or sublet to a Tenant Affiliate, as long as (a) Tenant gives reasonable advance notice to Landlord of the proposed assignment or sublease, (b) if an assignment, the assignee assumes the obligations of
Tenant under this Lease, (c) if an assignment, in the reasonable judgment of Landlord the assignee shall have a net worth following such assignment not less than the net worth of Tenant as of the date of this Lease and the assignee shall otherwise
be sufficiently financially responsible to perform its obligations under this Lease and (d) if a sublease, in the reasonable judgment of Landlord the subtenant is sufficiently financially responsible to perform its obligations under the sublease.
Except as provided in this Section, all terms of this Article 8 shall apply with respect to an assignment or sublease to a Tenant Affiliate. As used herein, “Tenant Affiliate” shall mean any entity (i) which controls, is controlled by or
is under common control with Tenant, (ii) which results from a merger or consolidation with Tenant or (iii) which acquires all or substantially all of the assets of Tenant; and “control” shall mean the power to directly or indirectly
direct or cause the direction of the management and policies of an entity. 
  
 ARTICLE 9 
  
 MAINTENANCE

  
 9.1 LANDLORD’S MAINTENANCE. Landlord, at its
expense, shall maintain and make necessary repairs to the structural elements and exterior windows of the Building and, subject to Section 5.3, the electrical, plumbing, heating, ventilation and air conditioning systems therein, except that:

  
 (a) Landlord shall not be responsible for the
maintenance or repair of any such systems which are located within the Premises and are supplemental or special to the Building’s standard systems, whether installed pursuant to the Work Letter or otherwise; and 
  
 (b) the cost of performing any of such maintenance or
repairs caused by the negligence of Tenant, its employees, agents, servants, licensees, subtenants, contractors or invitees or the failure of Tenant to perform its obligations under this Lease shall be paid by Tenant, except to the extent of
insurance proceeds, if any, actually collected by Landlord with regard to the damage necessitating such repairs. 
  
 9.2 TENANT’S MAINTENANCE. Tenant, at its expense, shall keep and maintain the Premises in good order, condition and repair and in accordance
with all applicable legal, governmental and quasi-governmental requirements, ordinances and rules (including the Board of Fire Underwriters). 
  

 11 

 ARTICLE 10 
  

ALTERATIONS AND IMPROVEMENTS 
  
 10.1 TENANT’S ALTERATIONS. Tenant shall not, without the prior written consent of Landlord (which consent shall not be unreasonably withheld
or delayed), make or cause to be made any alterations, improvements, additions or installations in or to the Premises. Notwithstanding the foregoing, Tenant may perform alterations to the interior of the Premises without Landlord’s consent
provided such alterations (and the performance thereof) do not (i) affect the mechanical, electrical, HVAC, life safety, or other Building operating systems, (ii) affect the structural components of the Building or require penetration of the floor
or ceiling of the Premises, (iii) involve the use or disturbance of any Hazardous Substances (as hereinafter defined) or (iv) cost more than $ 10,000.00 in any one instance, and that Tenant gives Landlord prior written notice of such alterations and
further provided that such alterations (and the performance thereof) shall otherwise be in compliance with the provisions of this Section 10.1 (except for the requirement of Landlord’s consent). If Landlord so consents or Landlord’s
consent is not required, before commencement of any such work or delivery of any materials into the Premises or the Building, Tenant shall furnish to Landlord for approval: architectural plans and specifications, names and addresses of all
contractors, contracts, necessary permits and licenses, certificates of insurance and instruments of indemnification against any and all claims, costs, expenses, damages and liabilities which may arise in connection with such work, all in such form
and amount as may be reasonably satisfactory to Landlord. In addition, prior to commencement of any such work or delivery of any materials into the Premises, Tenant shall provide Landlord with evidence reasonably satisfactory to Landlord of
Tenant’s ability to pay for such work and materials in full, and, if requested by Landlord, shall deposit with Landlord at such time such security for the payment of such work and materials as Landlord may reasonably require. Tenant agrees to
hold Landlord, the Manager and its affiliates and their respective agents and employees forever harmless against all claims and liabilities of every kind, nature and description which may arise out of or in any way be connected with such work. All
such work shall be done only by contractors or mechanics approved by Landlord (which approval shall not be unreasonably withheld or delayed) and at such time and in such manner as Landlord may from time to time designate. Tenant shall pay the cost
of all such work, including (whether such work is performed by Landlord, Landlord’s contractors, Tenant’s contractors or a combination thereof) payment to Landlord of a construction supervisory fee not to exceed in each case (a) 5% of the
first $5,000.00 of the cost of such work plus (b) 2% of the cost of such work in excess of $5,000.00. Upon completion of such work, Tenant shall furnish Landlord with contractors’ affidavits and full and final waivers of lien and receipted
bills covering all labor and materials expended. All such work shall be in compliance with all applicable legal, governmental and quasi-governmental requirements, ordinances and rules (including the Board of Fire Underwriters), and all requirements
of applicable insurance companies. All such work shall be done in a good and workmanlike manner and with the use of good grades of materials. Tenant shall permit Landlord to supervise construction operations in connection with such work; provided,
however, that such supervision or right to supervise by Landlord shall not constitute any warranty by Landlord to Tenant of the adequacy of the design, workmanship or quality of such work or materials for Tenant’s intended use or impose any
liability 

  

 12 

 
upon Landlord in connection with the performance of such work. All alterations, improvements, additions and installations to or on the Premises shall
(subject to Article 13) become part of the Premises at the time of their installation and shall remain in the Premises at the expiration or termination of this Lease, or termination of Tenant’s right of possession of the Premises, without
compensation or credit to Tenant; provided, however, that if prior to such termination Landlord so directs by notice, Tenant, at Tenant’s sole cost and expense, shall promptly remove such of the alterations, improvements, additions and
installations placed in the Premises by Tenant as are designated in such notice and repair any damage to the Premises caused by such removal, failing which Landlord may remove the same and repair the Premises and Tenant shall pay the cost thereof to
Landlord on demand; and provided further, however, that upon specific request from Tenant at the time an alteration, improvement, addition or installation is made, Landlord will notify Tenant whether or not Landlord will require Tenant to so remove
such alteration, improvement, addition or installation at the expiration or termination of this Lease. 
  
 10.2 LIENS. Tenant shall not permit any lien or claim for lien of any mechanic, laborer or supplier or any other lien to be filed against the
Building, the real estate on which the Building is located, the Premises, or any part of such property arising out of work performed, or alleged to have been performed by, or at the direction of, or on behalf of Tenant. If any such lien or claim for
lien is filed Tenant shall within ten (10) days after such filing either have such lien or claim for lien released of record or shall deliver to Landlord a bond or other security in form, content, amount, and issued by a company reasonably
satisfactory to Landlord indemnifying Landlord and others designated by Landlord against all costs and liabilities resulting from such lien or claim for lien and the foreclosure or attempted foreclosure thereof. If Tenant fails to have such lien or
claim for lien so released or to deliver such bond to Landlord, Landlord, without investigating the validity of such lien, may pay or discharge the same and Tenant shall reimburse Landlord upon demand for the amount so paid by Landlord, including
Landlord’s expenses and attorneys’ fees. 
  
 ARTICLE
11 
  
 WAIVERS OF CLAIMS AND INDEMNITY 
  
 11.1 WAIVERS. To the maximum extent permitted by law, Tenant hereby
releases and waives all claims against Landlord, the Manager and its affiliates and their respective agents and employees for injury or damage to person, property or business sustained in or about the Building or the Premises by Tenant, its agents
or employees other than damage caused by the negligence or the willful and wanton acts or omissions of Landlord, the Manager or its affiliates or their respective agents or employees. Without limitation of the foregoing, Tenant hereby releases and
waives all claims for recovery from Landlord, the Manager and its affiliates, and their respective agents and employees, for loss or damage to property or business sustained in or about the Building or the Premises, which loss or damage (a) would be
insured against under the standard form of fire and extended coverage insurance policy used in the State of Illinois at the time of the loss or damage or 

  

 13 

 
(b) if the coverage under policies required to be carried under this Lease or actually carried by Tenant is greater, is or would be insured against under
such policies. 
  
 11.2 INDEMNIFICATION. To the maximum
extent permitted by law, Tenant agrees to indemnify and hold harmless Landlord, the Manager and its affiliates and their respective agents and employees, from and against any and all liabilities, claims, demands, costs and expenses of every kind and
nature (including attorneys’ fees), including those arising from any injury or damage to any person, property or business (a) sustained in or about the Premises, (b) resulting from the negligence of Tenant, its employees, agents, servants,
invitees, licensees or subtenants, or (c) resulting from the failure of Tenant to perform its obligations under this Lease; provided, however, Tenant’s obligations under this Section shall not apply to injury or damage resulting from the
negligence or the willful or wanton acts or omissions of Landlord, the Manager or its affiliates or their respective agents or employees. If any such proceeding is brought against Landlord, the Manager or its affiliates or their respective agents or
employees, Tenant covenants to defend such proceeding at its sole cost by legal counsel reasonably satisfactory to Landlord, if requested by Landlord. 
  
 ARTICLE 12 
  
 LANDLORD’S REMEDIES 
  
 12.1 EVENTS OF DEFAULT. Each of the following shall constitute an “event of default” by Tenant under this Lease: Tenant fails to pay any installment of Rent when due and fails to cure such
default within five (5) days after written notice to Tenant; Tenant fails to observe or perform any of the other covenants, conditions or provisions of this Lease or under the Work Letter to be observed or performed by Tenant and fails to cure such
default within twenty (20) days after written notice to Tenant, except that if such default is susceptible of being cured but cannot by its nature be cured within twenty (20) days, Tenant shall have such longer period of time (but not more than
sixty (60) days in the aggregate) as is reasonably necessary to cure such default, so long as Tenant has promptly commenced and is diligently pursuing such cure; the interest of Tenant in this Lease is levied upon under execution or other legal
process; a petition is filed by or against Tenant to declare Tenant bankrupt or seeking a plan of reorganization or arrangement under any Chapter of the Bankruptcy Code, or any amendment, replacement or substitution therefor, or to delay payment of,
reduce or modify Tenant’s debts, or any petition is filed or other action taken to reorganize or modify Tenant’s capital structure or upon the dissolution of Tenant; Tenant is declared insolvent by law or any assignment of Tenant’s
property is made for the benefit of creditors; a receiver is appointed for Tenant or Tenant’s property; Tenant abandons all or any substantial portion of the Premises; or Tenant is in default under any other lease with Landlord after the
expiration of any applicable cure period thereunder. 
  
 12.2 LANDLORD’S REMEDIES. Upon the occurrence of an event of default by Tenant under this Lease, Landlord, at its option, without further notice or demand to Tenant (Tenant hereby expressly waiving the service of any
statutory notice, including, but not limited to, the notices 

  

 14 

 
required by 735 ILCS 5/9-209 and 5/9-210), may in addition to all other rights and remedies provided in this Lease, at law or in equity: 
  
 A. Terminate this Lease and Tenant’s right of
possession of the Premises, and recover damages, specifically including, without limitation, all accrued and unpaid Rent; late charges on accrued and unpaid Rent; the amount, if any, discounted to present value, by which the Rent for the unexpired
portion of the Term after termination exceeds the fair rental value of the Premises for the unexpired portion of the Term (after deducting from such fair rental value the time needed to relet the Premises and the amount of concessions which would
normally be given to a new tenant), as such amounts are determined by Landlord; and all of Landlord’s expenses of reletting (including repairs, alterations, improvements, additions, decorations, legal fees and brokerage commissions).

  
 B. Terminate Tenant’s right of
possession of the Premises without terminating this Lease, in which event Landlord may, but shall not be obligated to, relet the Premises, or any part thereof for the account of Tenant, for such rent and term and upon such terms and conditions as
are acceptable to Landlord. For purposes of such reletting, Landlord is authorized to decorate, repair, alter and improve the Premises to the extent reasonably necessary. If Landlord does not relet the Premises, then Tenant shall pay Landlord
monthly, on the first day of each month during the period that Tenant’s right of possession is terminated, a sum equal to the amount of Rent due under this Lease for such month. If the Premises are relet and a sufficient sum is not realized
from such reletting after payment of all Landlord’s expenses of reletting (including repairs, alterations, improvements, additions, decorations, legal fees and brokerage commissions) to satisfy the payment of Rent due under this Lease for any
month, Tenant shall pay Landlord any such deficiency monthly upon demand. Tenant agrees that Landlord may file suit to recover any sums due to Landlord under this Section from time to time and that such suit or recovery of any amount due Landlord
shall not be any defense to any subsequent action brought for any amount not previously reduced to judgment in favor of Landlord. If Landlord elects to terminate Tenant’s right of possession only without terminating this Lease, Landlord may, at
its option, enter into the Premises, remove Tenant’s signs and other evidences of tenancy, and take and hold possession thereof, as stated in Article 13; provided, however, that such entry and possession shall not terminate this Lease or
release Tenant, in whole or in part, from Tenant’s obligation to pay the Rent reserved hereunder for the full Term or from any other obligation of Tenant under this Lease. 
  
 C. In the event a petition is filed by or against Tenant seeking a plan of reorganization or arrangement
under any Chapter of the Bankruptcy Code, Landlord and Tenant agree, to the extent permitted by law, that the trustee in bankruptcy shall determine within sixty (60) days after commencement of the case whether to assume or reject this Lease.

  
 12.3 WAIVER OF TRIAL BY JURY. To the extent permitted
by law, Tenant hereby waives trial by jury in any action, proceeding or counterclaim arising out of or connected with this Lease. 
  

 15 

 12.4 ATTORNEYS’ FEES. Tenant shall pay upon demand all reasonable costs and expenses,
including the reasonable fees of counsel, agents and others retained by Landlord and court costs, incurred by Landlord in enforcing Tenant’s obligations under this Lease and the Work Letter or resulting from Tenant’s default under this
Lease (whether incurred in litigation or otherwise), incurred by Landlord in any action brought by Tenant in which Landlord is the prevailing party, or incurred by Landlord in any litigation, negotiation or transaction in which Tenant causes
Landlord, without Landlord’s fault, to become involved or concerned. 
  
 ARTICLE 13 
  
 SURRENDER
OF PREMISES 
  
 Upon the expiration or termination of this
Lease or termination of Tenant’s right of possession of the Premises, Tenant shall surrender and vacate the Premises immediately and deliver possession thereof to Landlord in a clean, good and tenantable condition, ordinary wear excepted. Upon
any termination, Tenant shall be entitled to remove from the Premises all moveable trade fixtures and personal property of Tenant without credit or compensation from Landlord, provided Tenant immediately shall repair all damage resulting from such
removal and shall restore the Premises to a tenantable condition. In the event possession of the Premises is not immediately delivered to Landlord or if Tenant shall fail to remove any moveable trade fixtures or personal property which Tenant is
entitled to remove, Landlord may remove same without any liability to Tenant. Any moveable trade fixtures and personal property which may be removed from the Premises by Tenant but which are not so removed within five (5) days after notice from
Landlord shall be conclusively presumed to have been abandoned by Tenant and title to such property shall pass to Landlord without any payment or credit, and Landlord may, at its option and at Tenant’s expense, store and/or dispose of such
property. 
  
 ARTICLE 14 
  
 HOLDING OVER 
  
 Tenant shall pay Landlord double the Adjusted Monthly Base Rent then
applicable for each month or partial month during which Tenant retains possession of the Premises, or any part of the Premises, after the expiration or termination of this Lease. Tenant shall indemnify Landlord against all liabilities and damages,
including, without limitation, consequential damages, sustained by Landlord by reason of such retention of possession. In addition, all rights or options which Tenant may have with respect to the leasing of additional space shall become null and
void upon the commencement of such retention of possession and Landlord shall not have any obligation to give any consents or approvals during the continuance thereof. The provisions of this Article shall not constitute a waiver by Landlord of any
re-entry rights of Landlord available under this Lease or by law. 
  

 16 

 ARTICLE 15 
  

DAMAGE BY FIRE OR OTHER CASUALTY 
  
 15.1 SUBSTANTIAL UNTENANTABILITY. If either the Premises or the Building is rendered substantially untenantable by fire or other casualty, Landlord
may elect by giving Tenant written notice within one hundred and twenty (120) days after the date of such fire or casualty, either to: 
  
 (a) terminate this Lease as of the date of the fire or other casualty; or 
  
 (b) proceed to repair or restore the Premises or the Building other than leasehold improvements and personal
property installed by Tenant, to substantially the same condition as existed immediately prior to such fire or casualty. 
  
 If Landlord elects to proceed pursuant to subsection (b) above, Landlord’s notice (“Landlord’s Estimate Notice”) shall contain
Landlord’s reasonable estimate of the time required to substantially complete such repair or restoration of the Premises. If Landlord’s Estimate Notice indicates that the time so required will exceed two hundred ten (210) days from the
date Landlord will be able to undertake repair and restoration, then Tenant shall have the right to terminate this Lease as of the date of such casualty by giving written notice to Landlord not later than twenty (20) days after the date of
Landlord’s Estimate Notice. If Tenant is not entitled to or does not elect to terminate this Lease, Tenant shall have the right to notify Landlord in writing not later than twenty (20) days after the date of Landlord’s Estimate Notice that
Tenant does intend to terminate this Lease if the repair and restoration of the Premises is not substantially completed within the Restoration Period (as hereinafter defined). If Tenant so notifies Landlord, then (i) notwithstanding Landlord’s
prior election to proceed with repair and restoration, Landlord shall have the right to terminate this Lease by giving written notice to Tenant not later than twenty (20) days after Tenant gives such notice to Landlord and (ii) if Landlord does not
so terminate this Lease and repair and restoration of the Premises is not substantially completed within the Restoration Period, then Tenant shall have the right to terminate this Lease by giving written notice to Landlord within thirty (30) days
after the end of the Restoration Period but prior to substantial completion of such repair and restoration. For purposes of this Article, “Restoration Period” shall mean the period ending two hundred seventy (270) days (i.e., two hundred
ten (210) days plus sixty (60) days) from the date Landlord is able to undertake repair and restoration unless Landlord’s Estimate Notice indicated a time in excess of two hundred ten (210) days but Tenant nevertheless did not elect to
terminate this Lease, in which case the Restoration Period shall end after the number of days set forth in Landlord’s Estimate Notice plus sixty (60) days, as such periods are expressly subject to extension on account of delays resulting from
any of the causes referred to in Section 26.7 below. 
  
 15.2
INSUBSTANTIAL UNTENANTABILITY. If either the Premises or the Building is damaged by fire or other casualty but is not rendered substantially untenantable, then 

  

 17 

 
Landlord shall diligently proceed to repair and restore the damaged portions thereof, other than the leasehold improvements and personal property installed
by Tenant, to substantially the same condition as existed immediately prior to such fire or casualty, unless such damage occurs during the last twelve (12) months of the Term, in which event Landlord and (if there has been substantial damage to the
Premises) Tenant shall each have the right to terminate this Lease as of the date of such fire or other casualty by giving written notice to the other within thirty (30) days after the date of such fire or other casualty. 
  
 15.3 RENT ABATEMENT. If all or any part of the Premises are damaged by
fire or other casualty and this Lease is not terminated, Adjusted Monthly Base Rent shall abate for all or that part of the Premises which are untenantable on a per diem and proportionate area basis from the date of the fire or other casualty until
Landlord has substantially completed the repair and restoration work in the Premises which it is required to perform, provided, that as a result of such fire or other casualty, Tenant does not occupy the portion of the Premises which are
untenantable during such period. 
  
 15.4
TENANT’S RESTORATION. If all or any part of the Premises are damaged by fire or other casualty and this Lease is not terminated, Tenant shall promptly and with due diligence repair and restore the leasehold improvements and personal
property previously installed by Tenant pursuant to this Lease. 
  
 ARTICLE 16 
  
 EMINENT DOMAIN 
  
 16.1 SUBSTANTIAL TAKING. If all or any part of the Premises or
the Building is permanently taken or condemned by any competent authority for any public use or purpose (including a deed given in lieu of condemnation), with the result, in the case of a taking or condemnation of a portion of the Building not
including the Premises, that the Premises are rendered substantially untenantable or, in the case of a taking or condemnation of all or any part of the Premises, that the remainder of the Premises, if any, is not reasonably usable for the conduct of
Tenant’s business, this Lease shall terminate as of the date title vests in such authority, and Adjusted Monthly Base Rent shall be apportioned as of such date. 
  
 16.2 INSUBSTANTIAL TAKING. If any part of the Premises or the Building is taken or condemned for any public
use or purpose (including a deed given in lieu of condemnation) and this Lease is not terminated pursuant to Section 16.1, Monthly Base Rent shall be reduced for the period of such taking by an amount which bears the same ratio to Monthly Base Rent
then in effect as the number of square feet of rentable area in the Premises so taken or condemned, if any, bears to the number of square feet of rentable area of the Premises; provided that if such taking or condemnation results in a larger portion
of the Premises, or the entire Premises, being rendered unusable for the conduct of Tenant’s business, then such larger portion or the entire Premises, as the case maybe, shall 

  

 18 

 
be deemed to have been taken or condemned for purposes of this sentence. Landlord, upon receipt and to the extent of the award in condemnation or proceeds of
sale, shall make necessary repairs and restorations (exclusive of leasehold improvements and personal property installed by Tenant) to restore the Premises remaining to as near its former condition as circumstances will permit, and to the Building
to the extent necessary to constitute the portion of same not so taken or condemned as a complete architectural unit. In the event of any taking or condemnation described in this Section 16.2, the rentable area of the Premises and the rentable area
of the Building shall be reduced, respectively, by the number of square feet of rentable area of the Premises, if any, and the number of square feet of rentable area of the Building, if any, so taken or condemned, and Tenant’s Proportionate
Share shall be adjusted accordingly for all purposes under this Lease. 
  
 16.3 COMPENSATION. Landlord shall be entitled to receive the entire price or award from any such sale, taking or condemnation without any payment to Tenant, and Tenant hereby assigns to Landlord Tenant’s interest, if any, in
such award; provided, however, Tenant shall have the right separately to pursue against the condemning authority an award in respect of the loss, if any, to leasehold improvements paid for by Tenant without any credit or allowance from Landlord and
for costs of relocation if and only to the extent that such award does not diminish or otherwise adversely affect Landlord’s award. 
  
 ARTICLE 17 
  
 TENANT’S INSURANCE 
  
 Tenant, at its expense, shall maintain in force during the Term: 
  
 (a) commercial general liability insurance, which shall include coverage for personal liability, contractual liability, tenant’s legal liability,
bodily injury, death and property damage, all on an occurrence basis with respect to the business carried on in or from the Premises and Tenant’s use and occupancy of the Premises, with coverage for any one occurrence or claim of not less than
$2,000,000 or such other amount being required at the time by Landlord from comparably-sized tenants of the Building as Landlord may reasonably require upon not less than six (6) months’ prior written notice; and 
  
 (b) insurance against such other perils and in such amounts as Landlord may
from time to time reasonably require upon not less than ninety (90) days’ prior written notice, such requirement to be made on the basis that the required insurance is customary at the time for prudent tenants of properties similar to the
Building in the Chicago, Illinois area. 
  
 All insurance required
to be maintained by Tenant shall be on terms and with insurers reasonably acceptable to Landlord. Each policy of liability insurance shall include Landlord, the Manager and its affiliates and others Landlord may from time to time designate as
additional insureds. Each policy of property insurance shall contain a waiver by the insurer of any rights of subrogation 

  

 19 

 
or indemnity or any other claim to which the insurer might otherwise be entitled against Landlord, the Manager or its affiliates or their respective agents
or employees. Each policy of insurance shall contain an undertaking by the insurer that no material change adverse to Landlord or Tenant will be made, and the policy will not lapse or be cancelled, except after not less than thirty (30) days’
prior written notice to Landlord of the intended change, lapse or cancellation. Tenant shall furnish to Landlord, if and whenever requested by it, certificates or other evidences acceptable to Landlord as to the insurance from time to time effected
by Tenant and its renewal or continuation in force. 
  
 ARTICLE
18 
  
 RULES AND REGULATIONS 
  
 Tenant agrees for itself and for its subtenants, and each of their respective
employees, agents, and invitees, to comply with the rules and regulations set forth on Exhibit C attached hereto and with all reasonable modifications and additions thereto which Landlord may make from time to time. Landlord shall not be responsible
for the violation of any of such rules and regulations by other tenants of the Building and shall not be obligated to enforce the same against other tenants. Landlord agrees that it will not discriminate against Tenant in the enforcement of such
rules and regulations. 
  
 ARTICLE 19 
  
 LANDLORD’S RIGHTS 
  
 Landlord shall have the following rights exercisable without notice (except
as expressly provided to the contrary) and without being deemed an eviction or disturbance of Tenant’s use or possession of the Premises or giving rise to any claim for set-off or abatement of Rent: (a) to change the name or street address of
the Building, upon not less than forty-five (45) days’ prior written notice to Tenant; (b) to install, affix and maintain all signs on the exterior and/or interior of the Building; (c) to designate and/or approve of, prior to installation, all
types of signs, window shades, blinds, drapes or other similar items, and all internal lighting that may be visible from the exterior of the Premises; (d) to display the Premises to prospective tenants at reasonable hours during the last twelve (12)
months of the Term upon reasonable advance notice (which may be written or oral) to Tenant when feasible; (e) to change the arrangement of entrances, doors, corridors, elevators and stairs in the Building, provided that no such change shall
materially adversely affect access to the Premises; (f) to grant to any party the exclusive right to conduct any business or render any service in or to the Building, provided such exclusive right shall not operate to prohibit Tenant from using the
Premises for the purposes permitted hereunder; (g) to prohibit the placing of vending or dispensing machines of any kind in or about the Premises other than for use by Tenant’s employees; (h) to have access for Landlord and other tenants of the
Building to any mail chutes and boxes located in or on the Premises according to the rules of the United States Post Office; (i) to close entrances to the Building after normal business hours, except that Tenant and its employees and invitees shall
be entitled to 

  

 20 

 
admission at all times, under such regulations as Landlord prescribes for security purposes; (j) to take any and all reasonable measures, including
inspections and repairs to the Premises or to the Building, as may be necessary or desirable in the ownership, operation or protection thereof; (k) to retain at all times master keys or pass keys to the Premises; (l) to install, operate and maintain
security systems which monitor, by closed circuit television or otherwise, all persons entering and leaving the Building; and (m) to install and maintain pipes, ducts, conduits, wires and structural elements located in the Premises which serve other
parts or other tenants of the Building. 
  
 ARTICLE 20

  
 ESTOPPEL CERTIFICATES 
  
 Tenant, at any time, and from time to time, within ten (10) days after
written request by Landlord or any Mortgagee (as hereinafter defined), shall execute, acknowledge and deliver to Landlord or any Mortgagee, and/or to any other person specified by Landlord or any Mortgagee, a statement certifying that this Lease is
unmodified and in full force and effect (or, if there have been modifications, that the same is in full force and effect as modified and stating the modifications), stating the date to which Adjusted Monthly Base Rent has been paid, stating whether
or not there exists any default by Landlord or Tenant under this Lease, and, if so, specifying each such default, stating whether Tenant has any rights to offsets or abatement of Rent, stating whether Tenant has prepaid any Rent for more than one
month in advance, and certifying as to such other matters as Landlord or any Mortgagee may reasonably request. Such statement may be relied upon by Landlord or any Mortgagee, or other person specified by Landlord or any Mortgagee, and their
respective successors and/or assigns. If Tenant fails to execute and deliver any such statement within ten (10) days after such request and such failure continues for three (3) business days following notice from Landlord to Tenant of Tenant’s
failure to execute and deliver the same within the initial ten (10) day period, such failure will constitute Tenant’s acknowledgment which may be relied on by any person holding or proposing to acquire an interest in the Building, this Lease or
any Mortgage, that this Lease is unmodified and in full force and effect and will constitute, as to any such person, a waiver of any defaults on Landlord’s part which may exist prior to the date of such request. The foregoing shall not limit
any other rights and remedies available to Landlord for breach of this Article. 
  
 ARTICLE 21 
  
 RELOCATION
OF TENANT 
  
 At any time after the date of this Lease,
Landlord may substitute for the Premises, other premises in the Building (the “New Premises”), in which event the New Premises shall be deemed to be the Premises for all purposes under this Lease, provided: the New Premises shall be
similar to the Premises in area and configuration and shall be on the twenty-fourth (24th) or a higher floor of the Building; if Tenant is then occupying the Premises, Landlord shall pay the actual and reasonable 

  

 21 

 
expenses of physically moving Tenant, its property and equipment to the New Premises; Landlord shall give Tenant not less than thirty (30) days’ prior
written notice of such substitution; and Landlord, at its expense, shall improve the New Premises with improvements substantially similar to those in the Premises at the time of such substitution, if the Premises are then improved, or if not then
improved, Landlord, at its expense, shall improve the New Premises in accordance with the Work Letter. 
  
 ARTICLE 22 
  
 SECURITY DEPOSIT 
  
 22.1 As security for
the performance of its obligations under this Lease and the Work Letter, Tenant upon its execution of this Lease shall deliver to Landlord a security deposit (the “Security Deposit”) in the form of an unconditional and irrevocable letter
of credit in favor of Landlord in the amount of $90,904.00. 
  
 22.2 On or before December 1, 2000 or, if earlier, the date on which Tenant gives a notice under Paragraph 4 of the Work Letter concerning the date on which Tenant desires to occupy Suite 3600 for the conduct of business, Tenant
shall increase the amount of the Security Deposit to $141,100.00 by delivering to Landlord, as security for the performance of Tenant’s obligations under this Lease and the Work Letter, an additional security deposit in the form of an
unconditional and irrevocable letter of credit in favor of Landlord in the amount of $50,196.00. If Tenant fails to do so and fails to cure such default within twenty (20) days after written notice from Landlord to Tenant, such failure shall
constitute an event of default under this Lease. Furthermore, Landlord may, at its option, in addition to all other rights and remedies provided in this Lease, at law or in equity, including Landlord’s right to terminate this Lease or
Tenant’s right to possession of the Premises as referred to in Section 12.2 above, terminate this Lease or Tenant’s right to possession as to Suite 3600 only. Landlord may exercise such option by giving Tenant written notice within ninety
(90) days after the date of Landlord’s notice to Tenant pursuant to the preceding provisions of this Section. If Landlord exercises such option, such termination shall be effective as of the date of Landlord’s notice of exercise of such
option, and Monthly Base Rent and Adjusted Monthly Base Rent shall be calculated pro rata for purposes of Section 12.2, on the basis which the rentable area of Suite 3600 bears to the aggregate rentable area of Suites 3500 and 3600.

  
 22.3 The first such letters of credit shall expire no
earlier than twelve (12) months after issuance of the letter of credit required by Section 22.1 and all replacement letters of credit shall expire no earlier than twelve (12) months from the expiration date of the then outstanding and expiring
letter or letters of credit to be replaced. Each such letter of credit shall be in form and substance, and issued by a bank, satisfactory to Landlord. Without limitation of the foregoing, each issuer of a letter of credit shall have an office in
Chicago, Illinois at which such letter of credit may be presented. Tenant shall deliver a replacement letter of credit conforming to the requirements of this Article 22 to Landlord no later than thirty (30) days prior to the expiration date of any
then 

  

 22 

 
outstanding and expiring letter of credit so that at all times during the Term of this Lease and continuing until Tenant is entitled to the return of the
Security Deposit pursuant to Section 22.6 below, one or more unexpired letters of credit in an aggregate amount equal to the amount required by this Article shall be in the possession of Landlord. In addition, if Landlord reasonably determines that
the creditworthiness of the issuer of any outstanding letter of credit has become unsatisfactory, Landlord may require that Tenant deliver a replacement letter of credit from another issuer satisfactory to Landlord within thirty (30) days after
notice from Landlord to Tenant requesting such replacement letter of credit. Failure by Tenant to deliver any replacement letter of credit as required by the foregoing provisions shall entitle Landlord to draw under the outstanding letter or letters
of credit to be replaced and to retain the entire proceeds thereof for application as the Security Deposit under this Lease. Each letter of credit shall be expressly transferable without fee or charge and shall entitle any of Landlord and its
successors and assigns to draw thereunder from time to time in part or in whole upon presentation of a sight draft accompanied by a statement that Landlord is entitled to draw thereunder pursuant to the terms of this Lease. 
  
 22.4 If Tenant defaults with respect to any provision of this Lease or
the Work Letter, Landlord may draw under any outstanding letter of credit in part or in whole and apply all or any part of the proceeds thereof and any cash then held as part of the Security Deposit to cure any default of Tenant under this Lease or
the Work Letter. Upon notice by Landlord of such application, Tenant shall replenish the Security Deposit to the full amount then required by this Article 22 by promptly delivering an additional or replacement letter of credit conforming to the
requirements of this Article 22. 
  
 22.5 Provided that
Tenant satisfies the conditions of this Section, with respect to the periods set forth in the following schedule (a) any replacement letter or letters of credit required to be delivered pursuant to this Article 22 may be in an aggregate amount equal
to the amount set forth in the following schedule for the period in which such replacement letter or letters of credit are required to be delivered and (b) Tenant may deliver from time to time, in substitution for any letter or letters of credit
then held by Landlord, one or more replacement letters of credit conforming to the requirements of this Article 22 in an aggregate amount equal to the amount set forth in the following schedule for the period in which such replacement letter or
letters of credit are delivered to Landlord: 
  

				
	 Period

	  	Amount

	The period beginning on the second anniversary of the Commencement Date and ending on the day before the third anniversary of the Commencement Date	  	$	99,600.00
		
	The period beginning on the third anniversary of the Commencement Date and ending on the day before the fourth anniversary of the Commencement Date	  	$	58,100.00

  

 23 

				
	 Period

	  	Amount

	The period beginning on the fourth anniversary of the Commencement Date and continuing until Tenant is entitled to the return of the letter of credit pursuant to Section 22.6	  	$	41,500.00

  
 It shall be a condition, however, to
Tenant’s right pursuant to this Section to deliver a replacement letter or letters of credit in a reduced amount that Tenant shall have paid when due all Rent (including Monthly Base Rent and Adjusted Monthly Base Rent) becoming due under this
Lease prior to such replacement and that there shall have been no event of default by Tenant under this Lease prior to such replacement and is no default by Tenant under this Lease on the date of such replacement. 
  
 22.6 Landlord shall not pay any interest on any cash held as part of
the Security Deposit, except as may be required by law. Within forty-five (45) days after the later of the Expiration Date and the date on which Tenant vacates and surrenders the Premises, Landlord shall return to Tenant all outstanding letters of
credit and the balance, if any, of any cash held as part of the Security Deposit. The Security Deposit shall not be deemed an advance payment of Rent or a measure of damages for any default by Tenant under this Lease, nor shall it be a bar or
defense to any action which Landlord may at any time commence against Tenant. 
  
 ARTICLE 23 
  
 REAL
ESTATE BROKERS 
  
 Tenant warrants that, except for the
Brokers named in Section 1.1L, Tenant has not dealt with any real estate broker, salesperson, or finder in connection with this Lease, and no such person initiated or participated in the negotiation of this Lease, or showed the Premises to Tenant.
Tenant agrees to indemnify, defend and hold harmless Landlord, the Manager and its affiliates, and their respective agents and employees from and against any and all liabilities and claims (including attorneys’ fees) for commissions and fees
arising out of a breach of the foregoing warranty. Landlord shall be responsible for the payment of all commissions to the Brokers specified in this Article, pursuant to separate agreements between Landlord and such Brokers. 
  
 ARTICLE 24 
  
 SUBORDINATION, ATTORNMENT AND MORTGAGEES’ CURE RIGHTS 

 
 24.1 SUBORDINATION. This Lease is subject and
subordinate to all ground or underlying leases and to each first priority mortgage or trust deed (any such instrument, a “Mortgage”) which may now or hereafter affect such leases or the real property of which the Premises are a part and to
all increases, renewals, modifications, consolidations, spreaders, replacements and 

  

 24 

 
extensions of any such underlying leases and Mortgage. This clause shall be self-operative and no further instrument of subordination shall be required by
any ground or underlying lessor or by any holder of a first priority mortgage (a “Mortgagee”). In confirmation of such subordination, Tenant shall execute promptly any certificate that Landlord may request. Notwithstanding the foregoing,
Tenant agrees that a Mortgagee or other purchaser at foreclosure may elect to treat this Lease as superior to the lien of the Mortgage in any foreclosure of the Mortgage. 
  
 24.2 ATTORNMENT. If any Mortgagee or designee of Mortgagee or other purchaser at foreclosure or any grantee in a deed
in lieu of foreclosure succeeds to Landlord’s interest in the Building, then, at the request of such Mortgagee, designee, purchaser or grantee, Tenant shall attorn to such Mortgagee, designee, purchaser or grantee, but such Mortgagee, designee,
purchaser or grantee (a) shall not be liable for any act or omission of Landlord under this Lease occurring prior to the conveyance of title to such Mortgagee, designee, purchaser or grantee, (b) shall not be subject to any offset, defense or
counterclaim accruing prior to such conveyance, (c) shall not be bound by any payment prior to such conveyance of rent for more than one month in advance (except prepayments in the nature of security for the performance by Tenant of its obligations
hereunder which security is actually transferred to the Mortgagee or its designee or such purchaser or grantee), (d) shall not be bound by any covenant to perform (including, without limitation, any covenant to complete) any renovation or
construction in the Premises or to pay any sums to Tenant in connection therewith, in either case arising or accruing prior to the date of such conveyance of Landlord’s interest, (e) shall be liable for the performance of the other obligations
of Landlord under this Lease only during the period such Mortgagee, designee, purchaser or grantee shall hold such interest in the Building and (f) shall not be required to account for any security deposit unless the same is actually delivered to
the Mortgagee or its designee or such purchaser or grantee. All present and future Mortgagees are intended to be, and may enforce the provisions of this Section as, third party beneficiaries, before or after foreclosure of the Mortgage held by it.

  
 24.3 MORTGAGEES’ CURE RIGHTS. Tenant agrees that
if Landlord has notified Tenant in writing of the name and address of any Mortgagee, Tenant shall send to the Mortgagee(s) copies of any default notices sent to Landlord. If Landlord’s default (a) can be cured by the payment of money, any
Mortgagee shall have fifteen (15) days to cure the default; (b) cannot be cured by the payment of money but is curable within thirty (30) days, such Mortgagee shall have thirty (30) days to cure the default; and (c) cannot be cured by the payment of
money and cannot be cured within thirty (30) days, such Mortgagee shall have such period of time as is necessary to cure the default provided that (i) the Mortgagee shall notify Tenant of its intention to cure the default, (ii) the Mortgagee
commences action to cure the default within thirty (30) days and (iii) the Mortgagee thereafter proceeds diligently at all times to cure the default. Notwithstanding the foregoing, in no event shall any Mortgagee have a lesser period of time to cure
a default than any period granted to Landlord under this Lease. 
  

 25 

 ARTICLE 25 
  

NOTICES 
  
 All notices required or permitted to be given under this Lease shall be in writing and shall be deemed given and delivered, whether or not received, on
the date when personally delivered (and receipted for) or two days following the date when deposited in the United States Mail, postage prepaid and properly addressed, certified mail, return receipt requested, at the following addresses: 

 
 (a) To Landlord: c/o Golub & Company, Suite
2000, 625 North Michigan Avenue, Chicago, Illinois 60611, Attention: Vice President/Commercial Properties, or such other address as Landlord shall designate by written notice to Tenant; and 
  
 (b) To Tenant: At the address specified in Section
1.1C prior to the Commencement Date, and at the Premises after the Commencement Date, or such other address as Tenant shall designate by written notice to Landlord. 
  
 ARTICLE 26 
  
 MISCELLANEOUS 
  
 26.1 LATE CHARGES. All delinquent Rent shall bear interest at the maximum rate permitted by law or the rate per annum of five (5) percentage
points above the rate then most recently announced by Bank One, N.A. or its successor as its prime or corporate base lending rate, from time to time in effect at its office in Chicago, Illinois, whichever is less, from the date due until paid. In
addition, if any installment of Rent is delinquent by more than five (5) days, Tenant shall also pay to Landlord a late charge in an amount equal to 5% of the amount of the delinquent installment, which late charge shall be immediately due and
payable. 
  
 26.2 FINANCIAL INFORMATION.
Tenant represents to Landlord that all financial statements and financial information previously furnished by Tenant to Landlord fairly and accurately reflect the financial condition of Tenant as of the dates stated in such statements or
information. Tenant agrees to furnish to Landlord upon Landlord’s written request current financial statements of Tenant prepared in accordance with generally accepted accounting principles consistently applied and certified by the chief
financial officer of Tenant as fairly and accurately reflecting the financial condition of Tenant. 
  
 26.3 NO OPTION. The execution of this Lease by Tenant and delivery of same to Landlord or the Manager does not constitute a reservation of or
option for the Premises or an agreement on the part of Landlord to enter into a Lease and this Lease shall become effective only if and when Landlord executes and delivers same to Tenant; provided, however, the execution and delivery by Tenant of
this Lease to Landlord or the Manager shall constitute an irrevocable offer by 

  

 26 

 
Tenant to lease the Premises on the terms and conditions herein contained, which offer may not be withdrawn or revoked for five (5) business days after such
execution and delivery. If Tenant is a corporation, it shall deliver to Landlord concurrently with the delivery to Landlord of an executed Lease, certified resolutions of Tenant’s directors authorizing execution and delivery of this Lease and
the performance by Tenant of its obligations hereunder. 
  
 26.4 ACCORD AND SATISFACTION. No payment by Tenant or receipt by Landlord of a lesser amount than any installment or payment of Rent due shall be deemed to be other than on account of the amount due, and no endorsement or
statement on any check or any letter accompanying any check or payment of Rent shall be deemed an accord and satisfaction, and Landlord may accept such check or payment without prejudice to Landlord’s right to recover the balance of such
installment or payment of Rent or pursue any other remedies available to Landlord. No receipt of money by Landlord from Tenant after the termination of this Lease or Tenant’s right of possession of the Premises shall reinstate, continue or
extend the Term. 
  
 26.5 LANDLORD’S
OBLIGATIONS ON SALE OF BUILDING. In the event of any sale or other transfer of the Building, Landlord shall be entirely freed and relieved of all agreements and obligations of Landlord hereunder accruing or to be performed after the date of such
sale or transfer. 
  
 26.6 SUCCESSORS AND
ASSIGNS. This Lease shall be binding upon and inure to the benefit of Landlord and Tenant and their respective heirs, legal representatives, successors and permitted assigns. 
  
 26.7 FORCE MAJEURE. Landlord shall not be deemed in default with respect to any of the terms, covenants and
conditions of this Lease on Landlord’s part to be performed, if Landlord fails to timely perform same and such failure is due in whole or in part to any strike, lockout, labor trouble (whether legal or illegal), civil disorder, inability to
procure materials, failure of power, restrictive governmental laws and regulations, delays in obtaining building permits, riots, insurrections, war, fuel shortages, accidents, casualties, acts of God, acts caused directly or indirectly by Tenant (or
Tenant’s agents, employees or invitees) or any other cause beyond the reasonable control of Landlord. Landlord shall not be liable in damages, by abatement of Rent or otherwise, for any such failure, and such failure shall never be deemed to
constitute an eviction or disturbance of Tenant’s use and possession of the Premises or relieve Tenant from paying Rent or performing any of its obligations under this Lease. Tenant shall not be deemed in default with respect to any of the
terms, covenants and conditions of this Lease on Tenant’s part to be performed, if Tenant fails to timely perform same and such failure is due in whole or in part to any strike, lockout, labor trouble (whether legal or illegal), civil disorder,
inability to procure materials, failure of power, restrictive governmental laws and regulations, delays in obtaining building permits, riots, insurrections, war, fuel shortages, accidents, casualties, acts of God, acts caused directly or indirectly
by Landlord (or Landlord’s agents, employees or invitees) or any other cause beyond the reasonable control of Tenant. This Section shall not excuse any failure of either Landlord or Tenant to make timely payments of amounts due under this
Lease. 
  

 27 

 26.8 CAPTIONS. The Article and Section captions in this Lease are inserted only as a matter of
convenience and in no way define, limit, construe, or describe the scope or intent of such Articles and Sections. 
  
 26.9 APPLICABLE LAW. This Lease shall be construed in accordance with the laws of the State of Illinois. 
  
 26.10 TIME OF THE ESSENCE. Time is of the essence of this Lease and
the performance of all obligations hereunder. 
  
 26.11
LANDLORD’S RIGHT TO PERFORM TENANT’S OBLIGATIONS. If Tenant fails timely to perform any of its obligations under this Lease or the Work Letter, Landlord shall have the right (but not the obligation), after the expiration of any notice
and grace period elsewhere under this Lease or the Work Letter expressly granted to Tenant for the performance of such obligation or in an emergency, to perform such obligation on behalf and at the expense of Tenant without further notice to Tenant,
and all sums expended or expenses incurred by Landlord in performing such obligation shall be deemed to be additional Rent under this Lease and shall be due and payable upon demand by Landlord. 
  
 26.12 DELAY IN POSSESSION. In no event shall Landlord be liable to
Tenant if Landlord is unable to deliver possession of the Premises to Tenant on the Commencement Date or unable to deliver possession of any other space subject to this Lease on the date of commencement of the term with respect to such space for
causes outside Landlord’s reasonable control. If Landlord is unable to deliver possession of the Premises to Tenant by the Commencement Date, the Commencement Date shall be deferred until Landlord can deliver possession to Tenant, and the
Expiration Date shall be deferred for an equal number of days. For purposes of this Section, Landlord shall not be deemed to be unable to deliver possession solely because any Work to be performed under the Work Letter is not complete. If Landlord
is unable to deliver possession of any other space to Tenant on the date of commencement of the term with respect to such space, the date of commencement of such term shall be deferred until Landlord can deliver possession to Tenant, but the
Expiration Date shall not be extended or deferred unless Landlord and Tenant have so agreed in writing. 
  
 26.13 ENVIRONMENTAL REQUIREMENTS. Tenant shall not cause or permit to occur: 
  
 (a) any violation of any present or future federal, state or local law, ordinance or regulation related to
environmental conditions in or about the Premises, including, but not limited to, improvements or alterations made to the Premises at any time by Tenant, its agents or contractors, or 
  
 (b) the use, generation, release, manufacture, refining, production, processing, storage or disposal of any
“Hazardous Substances” (as hereinafter defined) in or about the 

  

 28 

 
Premises, or the transportation to or from the Premises of any Hazardous Substances, provided that Tenant may keep and use in the Premises such types and
quantities of Hazardous Substances as are routinely and customarily used in normal office operations in buildings comparable to the Building, so long as Tenant stores, uses and disposes of such Hazardous Substances in compliance with the laws,
ordinances and regulations referred to in clause (a). 
  
 Tenant,
at its expense, shall comply with each present and future federal, state and local law, ordinance and regulation related to environmental conditions in or about the Premises or Tenant’s use of the Premises, including, without limitation, all
reporting requirements and the performance of any cleanups required by any governmental authorities. Tenant shall indemnify, defend and hold harmless Landlord, the Manager and its affiliates, and their respective agents, contractors and employees
from and against all fines, suits, claims, actions, damages, liabilities, costs and expenses (including attorneys’ and consultants’ fees) asserted against or sustained by any such person or entity arising out of or in any way connected
with Tenant’s failure to comply with its obligations under this Section, which obligations shall survive the expiration or termination of this Lease. 
  
 As used in this Lease, “Hazardous Substances” shall include, without limitation, flammables; explosives; radioactive materials; asbestos
containing materials (ACMs), excluding any ACMs which Landlord is required to abate pursuant to Paragraph 6 of the Work Letter (as to which Tenant shall not have any obligation hereunder, notwithstanding any of the foregoing which may appear to be
to the contrary); polychlorinated biphenyls (PCBs); chemicals known to cause cancer or reproductive toxicity; pollutants; contaminants; hazardous wastes; toxic substances; petroleum and petroleum products; chlorofluorocarbons (CFCs); and substances
declared to be hazardous or toxic under any present or future federal, state or local law, ordinance or regulation. 
  
 26.14 RENOVATION OR DEMOLITION. Landlord shall have the right to terminate this Lease without compensation to Tenant upon not less than ninety (90)
days’ prior notice to Tenant if Landlord intends to demolish the Building. 
  
 26.15 LIMITATION OF LIABILITY. Notwithstanding anything in this Lease to the contrary, the liability of Landlord under this Lease shall be limited to its equity interest in the Building and Tenant agrees that
no judgment against Landlord under this Lease may be satisfied against any property or assets of Landlord other than the equity interest of Landlord in the Building. 
  
 26.16 ENTIRE AGREEMENT. This Lease and the Exhibits attached hereto contain the entire agreement between Landlord and
Tenant concerning the Premises and there are no other agreements, either oral or written. 
  
 26.17 NO CONSTRUCTION AGAINST PREPARER OF LEASE. This Lease has been prepared by Landlord and its professional advisors and reviewed by Tenant and its professional advisors. Landlord, Tenant and their separate
advisors believe that this Lease is the product of all of their efforts, that it expresses their agreement and that it should not be interpreted in favor of either 

  

 29 

 
Landlord or Tenant or against either Landlord or Tenant merely because of their efforts in preparing it. 
  
 26.18 TENANT. The word “Tenant” whenever used herein shall
be construed to mean Tenants or any one or more of them in all cases where there is more than one Tenant; and the necessary grammatical changes required to make the provisions hereof apply either to corporations or other organizations, partnerships
or other entities, or individuals shall in all cases be assumed as though in each case fully expressed. In all cases where there is more than one Tenant, the liability of each shall be joint and several. 
  
 26.19 RECORDING. Tenant shall not record this Lease or a memorandum of
this Lease. 
  
 26.20 SEVERABILITY. The invalidity or
unenforceability of any provision of this Lease shall not affect or impair any other provisions. 
  
 ARTICLE 27 
  
 RIGHT OF FIRST OFFER 
  
 Provided (i) this Lease
is then in full force and effect; (ii) no event of default by Tenant is in existence either on the date of delivery of Tenant’s Notice (as hereinafter defined) or, unless waived in writing by Landlord for the purpose of the Right of First Offer
(as hereinafter defined), on the pertinent Effective Date (as hereinafter defined); and (iii) as demonstrated by current financial statements furnished by Tenant to Landlord, there has been no material adverse change in the financial condition of
Tenant since the date of this Lease, Tenant shall have the right of first offer (the “Right of First Offer”) as hereinafter described to lease any space (“First Offer Space”) on the thirty-fourth (34th) and thirty-seventh (37th)
floors of the Building which Landlord proposes to lease for a term commencing during the First Offer Period. For purposes of this Article, the term “First Offer Period” shall mean the Term of this Lease and any extensions and renewals,
provided, however, that the First Offer Period shall not include the last two (2) years of the initial Term or of any extension or renewal term unless Landlord and Tenant have entered into an amendment to this Lease extending the Term for an
additional period or entered into a new lease for the Premises. The lease of any First Offer Space shall be for a term beginning on the Effective Date for such First Offer Space and ending contemporaneously with the expiration of the Term and any
renewals or extensions, unless sooner terminated as provided in this Lease. The Right of First Offer is subject to Landlord’s right to renew or extend the lease of or enter into a new lease with any tenant occupying any portion of any First
Offer Space even if not pursuant to an option contained in its lease. The Right of First Offer is also subject to any rights or options to lease granted to third parties prior to the date of this Lease and the rights of third parties who are parties
to leases dated after the date of this lease whose leased premises were offered to Tenant pursuant to this Article, but waived or deemed waived by Tenant pursuant to subsections (A) and (B) below. The Right of First Offer is exercisable at the
following times and upon the following conditions: 
  
 A. Prior to leasing any First Offer Space for a term commencing during the First Offer Period, Landlord shall provide written notice thereof to Tenant (“Landlord’s Notice”) and shall include in Landlord’s Notice an offer
to Tenant to lease such First Offer Space at the First Offer Prevailing Market Rate (as defined below), and shall also include in Landlord’s Notice the amount of any increase in the Security Deposit as a result of the lease of such First Offer
Space. Tenant shall have a period of five (5) business days after the date of delivery of Landlord’s Notice to notify Landlord (“Tenant’s Notice”) whether Tenant elects to exercise the right granted hereby to lease such First
Offer Space. Tenant may only elect to lease the entire First Offer Space described in Landlord’s Notice. If Tenant fails to give Tenant’s Notice to Landlord within the required five (5) business day period, Tenant shall be deemed to have
failed to exercise its right to lease such First Offer Space. 
  

 30 

 B. If Tenant fails to exercise its right to lease any First Offer Space, Landlord shall
have the right to lease all or any portion of such First Offer Space to any prospective tenant or others on such terms and provisions as may be acceptable to Landlord and Tenant shall have no further Right of First Offer to lease such First Offer
Space. Notwithstanding the foregoing, Landlord shall not enter into a lease of any portion of such First Offer Space without again giving a Landlord’s Notice if the net present value as of the proposed commencement date of such lease expressed
as a single dollar figure, discounted using a rate of ten percent (10%) per annum, of all rent (other than payments to be made by such Tenant on account of Taxes and Operating Expenses) of whatever nature or however denominated for the term of such
lease, less the net present value of any rent concessions, construction allowances, tenant improvement work and other relevant economic concessions, discounted at the same rate, is less than ninety percent (90%) of the comparable amount determined
by using the economic terms set forth in Landlord’s Notice regarding such First Offer Space (as adjusted on a proportional basis to reflect any differences in the size of space or length of the term). In addition, if Landlord shall not have
leased such First Offer Space within the period ending two hundred seventy (270) days following the date of Landlord’s Notice regarding such First Offer Space plus, if Landlord is negotiating with a particular potential tenant at the time such
period expires, such additional period during which Landlord continues to negotiate with such potential tenant, Landlord shall not enter into a lease of any portion of such First Offer Space without again giving a Landlord’s Notice for such
portion of such First Offer Space. 
  
 C. In the
event that Tenant shall exercise its Right of First Offer as provided herein, Landlord and Tenant shall enter into a written agreement modifying and supplementing this Lease and containing other appropriate terms and provisions relating to the
addition to the Premises of the First Offer Space being leased (including specifically the increase of Tenant’s Proportionate Share and Rent and any increase in the Security Deposit as a result of such addition). The Monthly Base Rent per
square foot of rentable area to be paid under this Lease for the First Offer Space so leased shall be the rate quoted by Landlord in its Landlord’s Notice as the First Offer Prevailing Market Rate for such First Offer Space. Monthly Base Rent
for the First Offer Space for any partial month shall be prorated. The 

  

 31 

 
payment of the Monthly Base Rent for the First Offer Space so leased shall commence on the date (the “Effective Date”) which is the later of (i)
one (1) day after the termination date of the term of the lease, if any, with another tenant for such First Offer Space, or (ii) the date agreed upon by Landlord and Tenant. In the event Landlord and Tenant are unable to agree on the Effective Date
in any instance, the Effective Date shall be the earlier of (a) the date sixty (60) days after the date on which Tenant notified Landlord of its election to lease such First Offer Space, or (b) the date of Tenant’s occupancy of all or any
portion of such First Offer Space for the conduct of business. Landlord shall use reasonable diligence to make such First Offer Space available to Tenant on the pertinent Effective Date; however, Landlord shall not be liable for the failure to give
possession to Tenant of such First Offer Space on the pertinent Effective Date by reason of the holding over or retention of possession of any tenant, tenants, or occupants, or for any other reason, nor shall this failure impair the validity of this
Lease, nor extend the Term, but the rent for such First Offer Space shall be abated until possession is delivered to Tenant and this abatement shall be in full settlement of all claims that Tenant might otherwise have against Landlord by reason of
the failure to give possession of such First Offer Space to Tenant on the pertinent Effective Date. The First Offer Space shall be tendered to Tenant in an “as is” condition and Landlord shall have no obligation to alter, remodel, decorate
or improve the First Offer Space (or to pay for any such work), except to the extent that the same is to be provided in kind as part of the First Offer Prevailing Market Rate. 
  
 D. For purposes hereof, “First Offer Prevailing Market Rate” shall mean the prevailing market rate
per square foot of rentable area under expansion leases and amendments for terms commencing on or about the pertinent Effective Date for space in the Building and in comparable buildings in downtown Chicago comparable to the First Offer Space being
leased, as reasonably determined by Landlord. The First Offer Prevailing Market Rate shall include any prevailing increases to rent such as percentage or fixed increases or increases based on an index. The determination of First Offer Prevailing
Market Rate shall take into account any material economic differences between the terms of the lease of the First Offer Space pursuant to this Article and any comparison lease, such as rent abatements, construction costs and other concessions, and
the manner thereunder, if any, in which Landlord or the other landlord under any such lease is reimbursed for operating expenses and taxes. Prevailing market terms such as rent abatements, construction costs and other concessions, if any, shall, at
the option of Landlord, be provided to Tenant in kind. If not provided in kind, such terms shall be reflected in the First Offer Prevailing Market Rate. 
  
 E. Any termination of this Lease or of Tenant’s right to possession, any assignment of this Lease, or any subletting (other than
pursuant to Section 8.3 above) of all or any part of the Premises shall automatically terminate the Right of First Offer. 
  

 32 

 ARTICLE 28 
  

OPTION TO EXPAND 
  
 A. Provided that on the date of Tenant’s exercise of the Expansion Option (as hereinafter defined) and, unless waived in writing by Landlord for
purposes of the Expansion Option, on the Expansion Space Commencement Date (as hereinafter defined) (i) this Lease is in full force and effect, (ii) no event of default by Tenant is in existence and (iii) as demonstrated by current financial
statements furnished by Tenant to Landlord, there has been no material adverse change in the financial condition of Tenant since the date of this Lease, Tenant shall have a one time right to lease additional space in the Building (the
“Expansion Option”) pursuant to this Lease on the terms and conditions set forth in this Article. 
  
 B. The Expansion Option shall consist of the right to lease space in the Building, the area, configuration and location of which will be designated by
Landlord subject to the terms of this Section (the “Expansion Space”), for a term commencing on January 1, 2003 (the “Expansion Space Commencement Date”) and coterminous with the Term of this Lease, as it may be extended or
renewed. The Expansion Space shall be on any of the floors in the Building’s “tower” and shall contain not less than 4,000 rentable square feet and not more than 6,000 rentable square feet. Landlord shall identify the Expansion Space
and the rentable area thereof by written notice (the “Expansion Terms Notice”) to Tenant, which Expansion Terms Notice shall also state the Monthly Base Rent for the Expansion Space and the amount of any increase in the Security Deposit as
a result of the lease of the Expansion Space. The Expansion Option shall be exercisable by written notice given by Tenant to Landlord not later than April 1, 2002. Landlord may give the Expansion Terms Notice at any time after the date hereof, but
shall not be obligated to give the Expansion Terms Notice unless Tenant validly exercises the Expansion Option, and then not until the later to occur of (i) the date which is thirty (30) days after such exercise and (ii) April 1, 2002. If Landlord
gives the Expansion Terms Notice prior to Tenant giving notice of exercise of the Expansion Option, Tenant’s subsequent notice of exercise of the Expansion Option shall be irrevocable. If Landlord does not give the Expansion Terms Notice prior
to Tenant giving notice of exercise of the Expansion Option, Tenant shall have the right to rescind its exercise of the Expansion Option by giving notice to Landlord within three (3) business days after the date on which Landlord gives the Expansion
Terms Notice, in which case the Expansion Option shall be null and void and of no further force and effect; absent such notice, Tenant’s exercise of the Expansion Option shall remain in effect. 
  
 C. The Monthly Base Rent per square foot of rentable area to be paid under
this Lease for the Expansion Space shall be the Expansion Prevailing Market Rate for the Expansion Space (as defined below). Monthly Base Rent for the Expansion Space for a partial month shall be prorated. Monthly Base Rent for the Expansion Space
shall be subject to adjustment pursuant to Article 4 of this Lease. For purposes of calculating Adjusted Monthly Base Rent, Tenant’s Proportionate Share shall be increased as of the Expansion Space Commencement Date to reflect the number of
rentable square feet of the Expansion Space. The Expansion Space shall be tendered to Tenant in an “as is” condition and Landlord shall have no obligation to alter, remodel, decorate or improve the Expansion 

  

 33 

 
Space (or to pay for any such work), except to the extent that the same is to be provided in kind as part of the Expansion Prevailing Market Rate.

  
 D. For purposes hereof, “Expansion Prevailing Market
Rate” shall mean the prevailing market rate per square foot of rentable area under expansion leases and amendments for terms commencing on or about the Expansion Space Commencement Date for space in the Building and in comparable buildings in
downtown Chicago comparable to the Expansion Space, as reasonably determined by Landlord. The Expansion Prevailing Market Rate shall include any prevailing increases to rent such as percentage or fixed increases or increases based on an index. The
determination of Expansion Prevailing Market Rate shall take into account any material economic differences between the terms of the lease of the Expansion Space pursuant to this Article and any comparison lease, such as rent abatements,
construction costs and other concessions, and the manner thereunder, if any, in which Landlord or the other landlord under any such lease is reimbursed for operating expenses and taxes. Prevailing market terms such as rent abatements, construction
costs and other concessions, if any, shall, at the option of Landlord, be provided to Tenant in kind. If not provided in kind, such terms shall be reflected in the Expansion Prevailing Market Rate. 
  
 E. Any termination of this Lease or of Tenant’s right to possession, any
assignment of this Lease, or any subletting (other than pursuant to Section 8.3 above) of all or any part of the Premises by Tenant shall automatically terminate the Expansion Option. 
  
 F. If Tenant is entitled to and properly exercises the Expansion Option, Landlord shall prepare a commercially reasonable
amendment (the “Expansion Amendment”) to this Lease to reflect the terms of the lease of the Expansion Space. 
  
 ARTICLE 29 
  
 OPTION TO RENEW 
  
 A. Tenant shall have the right to extend the Term of this Lease (the “Option to Renew”) for one (1) additional period of five (5) years (the “Renewal Term”) commencing on the day next following the
Expiration Date and ending on the day preceding the fifth (5th) anniversary of the date on which the Renewal Term commences if: 
  
 (i) Landlord receives notice of exercise (the “Renewal Notice”) at least three hundred fifteen (315) days prior to the
Expiration Date; 
  
 (ii) As demonstrated by
current financial statements furnished by Tenant to Landlord, there has been no material adverse change in the financial condition of Tenant since the date of this Lease; 
  

 34 

 (iii) There shall be no event of default in existence at the time Tenant delivers its
Renewal Notice, at the time Tenant delivers its Binding Notice (as hereinafter defined), or, unless waived in writing by Landlord for the purposes of the Option to Renew, on the date on which the Renewal Term will commence; 
  
 (iv) Not more than twenty-five percent (25%) of the rentable
area of the Premises is sublet (other than pursuant to Section 8.3 above) at the time that Tenant delivers its Renewal Notice or at the time Tenant delivers its Binding Notice; 
  
 (v) This Lease has not been assigned prior to the date that Tenant delivers its Renewal Notice or prior to
the date Tenant delivers its Binding Notice; and 
  
 (vi) Tenant executes and returns the Renewal Amendment (hereinafter defined) within thirty (30) days after its submission to Tenant. 
  
 B. The Monthly Base Rent rental rate per rentable square foot of the Premises during the Renewal Term shall equal the Renewal Prevailing Market Rate
(hereinafter defined) per rentable square foot of the Premises for the Renewal Term, which Monthly Base Rent shall be adjusted as provided in Article 4 of this Lease. 
  
 C. Within thirty (30) days after receipt of Tenant’s Renewal Notice, Landlord shall advise Tenant of the applicable
Monthly Base Rent rental rate for the Premises. Tenant, within fifteen (15) days after the date on which Landlord advises Tenant of the applicable Monthly Base Rent rental rate for the Renewal Term, shall either (i) give Landlord final binding
written notice (“Binding Notice”) of Tenant’s exercise of the Option to Renew or (ii) if Tenant reasonably disagrees with Landlord’s determination, provide Landlord with written notice of rejection (the “Rejection
Notice”). If Tenant fails to provide Landlord with either a Binding Notice or Rejection Notice within such fifteen (15) day period, the Option to Renew shall be null and void and of no further force and effect. If Tenant provides Landlord with
a Binding Notice, Landlord and Tenant shall enter into the Renewal Amendment upon the terms and conditions set forth herein. If Tenant provides Landlord with a Rejection Notice, Landlord and Tenant shall work together in good faith to agree upon the
Renewal Prevailing Market Rate for the Premises during the Renewal Term. Upon agreement, Tenant shall provide Landlord with a Binding Notice and Landlord and Tenant shall enter into the Renewal Amendment in accordance with the terms and conditions
hereof. If Landlord and Tenant fail to agree upon the Renewal Prevailing Market Rate within thirty (30) days after Tenant delivers a Rejection Notice, the Option to Renew shall be null and void and of no further force and effect. 
  
 D. If Tenant is entitled to and properly exercises the Option to Renew,
Landlord shall prepare an amendment (the “Renewal Amendment”) to this Lease to reflect changes in the Monthly Base Rent and other appropriate terms. However, an otherwise valid exercise of the Option to Renew shall, at Landlord’s
option, be fully effective whether or not the Renewal Amendment is executed. 
  

 35 

 E. For purposes hereof, “Renewal Prevailing Market Rate” shall mean the prevailing market rate
per square foot of rentable area under renewal leases and amendments for terms commencing on or about the date on which the Renewal Term will commence for space in the Building and in comparable buildings in downtown Chicago comparable to the
Premises, as reasonably determined by Landlord. The Renewal Prevailing Market Rate shall include any prevailing increases to rent such as percentage or fixed increases or increases based on an index. The determination of Renewal Prevailing Market
Rate shall take into account any material economic differences between the terms of this Lease and any comparison lease, such as rent abatements, construction costs and other concessions, and the manner thereunder, if any, in which Landlord or the
other landlord under any such lease is reimbursed for operating expenses and taxes. Prevailing market terms such as rent abatements, construction costs and other concessions, if any, shall, at the option of Landlord, be provided to Tenant in kind.
If not provided in kind, such terms shall be reflected in the Renewal Prevailing Market Rate. 
  
 ARTICLE 30 
  
 TEMPORARY
USE 
  
 A. Subject to the terms and conditions set
forth (i) in this Article 30 and (ii) in this Lease as if the Temporary Space Term (as hereinafter defined) were within the Term of this Lease, Tenant shall have the right and option to occupy and use, for the permitted use specified in this Lease,
the portion of the Premises known as Suite 3600 (referred to for purposes of this Article as the “Temporary Space”) for the Temporary Space Term. Tenant’s occupancy of the Temporary Space shall not advance the Commencement Date under
this Lease. 
  
 B. The Temporary Space Term shall commence on a
date designated by Tenant on not less than three (3) business days’ notice to Landlord of Tenant’s exercise of its option to occupy the Temporary Space (the date so designated by Tenant being herein referred to as the “Temporary Space
Commencement Date”) and end on the earliest of (i) the Commencement Date under this Lease or, if later, the date on which the Work to be performed in Suite 3500 pursuant to the Work Letter is substantially complete, (ii) Tenant’s occupancy
of all or any portion of Suite 3500 for the conduct of business and (iii) any termination of this Lease (the “Temporary Space Termination Date”). 
  
 C. The Temporary Space shall be tendered to Tenant in an “as is” condition and Landlord shall have no obligation with respect to the Temporary
Space Term to improve the Temporary Space in any manner. 
  
 D. On
or before the Temporary Space Termination Date, Tenant shall (a) remove all Tenant’s trade fixtures and property from the Temporary Space; (b) surrender the Temporary Space, and all keys thereto, to Landlord in broom-clean condition; and (c)
perform any other activities specified in this Lease upon surrender of the Premises. Tenant shall be liable for costs incurred by Landlord as a result of Tenant’s failure to perform any of the foregoing. 
  

 36 

 E. Commencing on the Temporary Space Commencement Date, Tenant shall pay to Landlord, as rent for the
Temporary Space for the Temporary Space Term, the sum of $2,000.00 per month (prorated for any partial month), in accordance with the provisions of Article 3 of this Lease. Tenant shall not be obligated to pay any amounts pursuant to Article 4 of
this Lease for the Temporary Space for the Temporary Space Term. 
  
 IN WITNESS WHEREOF, this Lease has been executed as of the date set forth in Section 1.1 D hereof. 
  

			
	LANDLORD:
	
	 GOLUB & COMPANY, an Illinois corporation, as
 agent for THIRTY-THREE ASSOCIATES LLC, a
 Delaware limited liability company

		
	By:	 	/s/ Illegible
	 Title:
	 	Illegible

  

			
	TENANT:
	
	TIGRIS CORPORATION, a New York corporation
		
	By:	 	/s/ Illegible
	 Title:
	 	Principal

  

 37 

  
 EXHIBIT A

  
 PLANS OF PREMISES 
  

  
 

 
  

  
 

 

  
 EXHIBIT B

  
 WORK LETTER 
  
 In consideration of the covenants contained in this Work Letter and in the
Lease, Landlord and Tenant agree as follows: 
  
 1. Tenant desires
Landlord to perform certain initial leasehold improvement work (the “Work”) in the Premises. Tenant has furnished to Landlord a plan (“Tenant’s Plan”) for the Work. Tenant, at its expense, agrees to cause an interior space
planner (“Tenant’s Planner”) and a consulting engineer, each designated or reasonably approved by Landlord, to deliver to Landlord on or before March 27, 2000, as to the Work in Suite 3500, and on or before September 1, 2000, as to
the Work in Suite 3600, full and complete architectural and engineering drawings (the “Working Drawings”, collectively) for the Work, which shall be consistent with Tenant’s Plan and shall include (a) furniture plans showing details
of space occupancy, (b) reflected ceiling plans, (c) partition and door location plans, (d) telephone and electrical plans noting any special lighting and power load requirements, (e) environmental design criteria and all security and communications
information, (f) detail plans and (g) finish plans, schedules and specifications for the Work, all of which shall be acceptable to Tenant. The Working Drawings shall be subject to Landlord’s written approval, which shall not be unreasonably
withheld. If Landlord disapproves the Working Drawings, Landlord shall advise Tenant generally of the changes required in the Working Drawings so that they will meet Landlord’s approval. Tenant shall thereafter cause Tenant’s Planner and
the consulting engineer to deliver to Landlord, within five (5) business days after Tenant’s receipt of such advice, revised Working Drawings which are acceptable to Landlord and in form and condition suitable to be released and issued for
construction. Tenant represents to Landlord that Tenant has reviewed its needs and the above specified delivery date with Tenant’s Planner and consulting engineer and that Tenant has assured itself that the Working Drawings (and revised Working
Drawings, if required) can be delivered as hereinabove required. Tenant agrees to cooperate with Tenant’s Planner and the consulting engineer and to furnish Tenant’s Planner and the consulting engineer all information requested by them as
promptly as possible and in any event in sufficient time to cause the Working Drawings to be prepared (or revised, as the case may be) and delivered timely as hereinabove provided. Approval by Landlord of the Work and the Working Drawings shall not
constitute any warranty by Landlord to Tenant of the adequacy of the design for Tenant’s intended use of the Premises. 
  
 2. Landlord shall perform the Work shown on the approved Working Drawings. Landlord shall pay the cost of the Work in Suite 3500 up to a maximum amount of
$ 126,769.76 (the “Suite 3500 Allowance”, which is in the amount equal to $30.68 per square foot of rentable area of Suite 3500) and pay the cost of the Work in Suite 3600 up to a maximum amount of $145,880.00 (the “Suite 3600
Allowance”, which is in the amount equal to $35.00 per square foot of rentable area of Suite 3600; each of the Suite 3500 Allowance and Suite 3600 Allowance are sometimes referred to as an “Allowance”). Tenant shall pay the cost of
the Work in each portion of the Premises in 

  

 
excess of the pertinent Allowance, in the manner provided in Paragraph 3 below. If the cost of the Work in either portion of the Premises is less than the
pertinent Allowance, Tenant shall not be entitled to any credit or payment from Landlord for the amount by which such Allowance exceeds the cost of the Work. As used herein, “cost of the Work” shall include without limitation, (a) the cost
of all labor and materials; (b) contractors’ overhead and profit; (c) a Landlord development supervisory fee in an amount equal to 3.5% of the sum of (a) and (b); (d) all architectural, engineering and space planning fees paid or incurred by
Landlord or Tenant in connection with the Work and the preparation of the Working Drawings; (e) all costs of installation of telecommunications equipment and all cabling; (f) the cost of signage; and (g) moving costs not exceeding $2.00 per square
foot of rentable area. Landlord shall not be obligated to disburse or become bound to disburse any portion of the Suite 3600 Allowance (i) more than sixty (60) days before the date on which Tenant will occupy Suite 3600 for the conduct of business
or (ii) before Tenant has increased the amount of the Security Deposit in accordance with Section 22.2 of the Lease. Landlord shall not be obligated to disburse or become bound or further bound to disburse any portion of either Allowance at any time
when Tenant is in default under the Lease. 
  
 3. Prior to
commencing the Work, Landlord will submit to Tenant a written statement of the cost of the Work and that portion or portions of the cost of the Work, if any, to be paid for by Tenant as provided in Paragraph 2 above. Tenant agrees, within three (3)
days after submission to it of such statement of cost, to execute and deliver to Landlord, in the form then in use by Landlord, an authorization to proceed with the Work, and Tenant shall also then pay to Landlord the amount set forth in
Landlord’s statement as Tenant’s share of the cost of the Work. Tenant will subsequently pay to Landlord any additional costs of the Work payable by Tenant as determined under Paragraph 2 above within three (3) days after submission to
Tenant of any statement therefor. Delays in the performance of the Work resulting from the failure of Tenant to comply with the provisions of the preceding sentence shall be deemed to be delays caused by Tenant. No Work shall be commenced until
Tenant has fully complied with the preceding portions of this Paragraph 3. 
  
 4. Landlord shall use reasonable efforts to cause the Work in Suite 3500 to be “substantially completed” on or before the Commencement Date stated in Section 1. 1F of the Lease, and to cause the Work in
Suite 3600 to be “substantially completed” on or before the date on which Tenant desires to occupy Suite 3600 for the conduct of business; provided, as to Suite 3600, that Tenant has given Landlord not less than ninety (90) days’
notice of such date, and has, at least ninety (90) days prior to such date, executed and delivered to Landlord the authorization to proceed with the Work in Suite 3600 provided for in Paragraph 3 above and otherwise complied with Paragraph 3 above
and complied with Section 22.2 of the Lease; and subject, in each case, to delays defined in Section 26.7 of the Lease and as defined in Paragraph 5 of this Work Letter. In the event of any dispute, the Work shall be considered substantially
completed in each Suite as of the date stated in a written certificate issued to Landlord and Tenant by Tenant’s Planner or Landlord’s architect certifying that the Work in such Suite has been completed (except for minor finish-out and
“punchlist” items) as of that date in substantial compliance with the Working Drawings, or when Tenant first takes occupancy of such Suite, whichever first occurs. If the Work in Suite 3500 is not substantially completed on or before the
Commencement Date stated in the Lease, or if the Work in Suite 3600 

  

 B-2 

 
is not substantially completed on or before the date on which Tenant desires to occupy Suite 3600 for the conduct of business, the Lease shall remain in
effect, Landlord shall have no liability to Tenant as a result of any delay in occupancy, and the Commencement Date and Expiration Date shall not be affected, but the foregoing shall not relieve Landlord of its obligations with respect to each Suite
under the first sentence of this Paragraph. 
  
 5. Delays in the
performance of the Work in Suite 3500 resulting from any delay attributable to Tenant, including without limitation the following, shall be deemed to be delays caused by Tenant: 
  
 (a) the failure of Tenant to timely furnish the Working Drawings, or revised Working Drawings, under
Paragraph 1 above; 
  
 (b) changes in the Work or
the Working Drawings requested by Tenant; 
  
 (c)
the failure of Tenant to comply with the requirements of Paragraph 3 above; 
  
 (d) Tenant’s requirements for special work or materials, finishes, or installations other than Landlord’s standard building materials which actually delay the substantial completion of the Work; 

 
 (e) the performance of any other work in the Premises by
any person, firm or corporation employed by or on behalf of Tenant, or any failure to complete or delay in completion of such work; or 
  
 (f) any other act or omission or delay of Tenant, its agents, contractors, Tenant’s Planner, the consulting engineer, or persons
employed by any of such persons delaying substantial completion of the Work. 
  
 Delays in the performance of the Work in Suite 3600 resulting from any delay attributable to Tenant, including without limitation the foregoing and any failure of Tenant to comply with the requirements of Section 22.2
of the Lease, shall be deemed to be delays caused by Tenant. 
  
 6. In the event that either Landlord or Tenant discovers during the planning for or performance of the Work that the Premises contains any ACMs, Landlord shall, at its sole cost and expense notwithstanding anything to the contrary contained
in the Lease or in this Work Letter, abate such ACMs in accordance with applicable laws, regulations, rules, ordinances and legal requirements. 
  
 7. Upon Tenant’s request and submission by Tenant (at Tenant’s sole cost and expense) of the necessary information and/or plans and
specifications for changes in the Work specified in the Working Drawings (“Changes”), Landlord may, at its
election, incorporate such Changes into the Work, at Tenant’s sole cost and expense subject to application of the pertinent Allowance. Prior to commencing any Changes in the Work requested by Tenant, Landlord shall submit to Tenant a 

  

 B-3 

 
written statement of the cost of such Changes and overhead and a proposed Tenant Extra Order (the “TEO”) for such Changes in the standard form then
in use by Landlord. If Tenant shall fail to enter into such TEO within one (1) week after Tenant’s receipt thereof, Landlord shall proceed to do only the Work as specified in the Working Drawings. Tenant agrees to pay to Landlord, concurrently
with its execution of the TEO, the entire cost of the Changes as shown in the statement delivered by Landlord to the extent such cost, together with the then current cost of the Work, exceeds the pertinent Allowance provided for in Paragraph 2
above. As used herein “cost of Changes” shall include, without limitation, the items described in the last sentence of Paragraph 2 above. 
  
 8. Landlord, in Landlord’s discretion and upon request by Tenant, may grant to Tenant and Tenant’s agents a license to enter the Premises prior
to the Commencement Date in order that Tenant may do other work required by Tenant to make the Premises ready for Tenant’s use and occupancy. Notwithstanding anything contained in this Work Letter to the contrary, Tenant may only use
Landlord’s designated Building contractors for the following categories of work: structural, exterior walls and windows, roof, floor slabs, mechanical, electrical, plumbing and fire/life safety. It shall be a condition to the grant by Landlord
and continued effectiveness of such license that: 
  
 (a) Tenant shall give to Landlord not less than five (5) days’ prior written notice of its request to have such access to the Premises, which notice shall contain and/or shall be accompanied by: (i) a description of and schedule for
the work to be performed by those persons and entities for whom and which such access is being requested; (ii) the names and addresses of all contractors, subcontractors and material suppliers (each of which shall employ only union personnel) for
whom and which such early access is being requested and the approximate number of individuals, itemized by trade, who will be present in the Premises; (iii) copies of all contracts pertaining to the performance of the work for which such early
access is being requested; (iv) copies of all plans and specifications pertaining to the work for which such access is being requested; (v) copies of all licenses and permits required in connection with the performance of the work for which such
access is being requested; (vi) certificates of insurance (in amounts and with insured parties satisfactory to Landlord) and instruments of indemnification against all claims, costs, expenses, damages and liabilities which may arise in connection
with such work; and (vii) assurances of the availability of funds sufficient to pay for all such work. All of the foregoing shall be subject to Landlord’s approval. 
  
 (b) Such early access shall be subject to scheduling by Landlord. 
  
 (c) Tenant’s agents, contractors, workmen, mechanics,
suppliers and invitees shall work in harmony and not interfere with Landlord and Landlord’s agents in performing the Work, or with Landlord’s or other tenants’ work in other premises and in common areas of the Building, or the general
operation of the Building. If at any time such entry shall cause or threaten to cause such disharmony or interference, including labor disharmony, Landlord may withdraw such license upon twenty-four (24) hours’ prior written notice to Tenant.

  

 B-4 

 Any such entry into and occupation of the Premises by Tenant shall be deemed to be under all of the
terms, covenants, conditions and provisions of the Lease, excluding only the covenant to pay Monthly Base Rent and specifically including the provisions of Articles 10 and 11 thereof. Landlord shall not be liable for any injury, loss or damage which
may occur to any of Tenant’s work or installations made in the Premises or to property placed therein prior to the Commencement Date, the same being at Tenant’s sole risk and liability. Tenant shall be liable to Landlord for any damage to
the Premises or to any portion of the Work caused by Tenant or any of Tenant’s employees, agents, contractors, workmen or suppliers. In the event the performance of the work by Tenant, its agents, employees or contractors causes extra costs to
Landlord or requires the use of elevators during hours other than 8:00 a.m. to 4:30 p.m. on Monday through Friday (except holidays), Tenant shall reimburse Landlord for the entire extra cost and the cost incurred by Landlord for the engineers or
operators under applicable union regulations or contracts. 
  
 9.
The terms and provisions of the Lease, insofar as they are applicable to this Work Letter, are hereby incorporated herein by reference. 
  
 10. All amounts payable by Tenant to Landlord hereunder shall be deemed to be Rent under the Lease and upon any default in the payment of same, Landlord
shall have all of the rights and remedies provided for in the Lease. 
  

 B-5 

  
 EXHIBIT C

  
 RULES AND REGULATIONS 
  
 1. Tenant shall not use or permit the Premises to be used for any retail or
wholesale use, or as a medical or dental office or clinic, or as a vocational or educational school, or as a governmental or quasi-governmental office, or for off-track betting or other gambling use or for a so-called “shared office”
business. 
  
 2. Any sign, lettering, picture, notice or
advertisement installed within the Premises which is visible from the public corridors within the Building shall be installed in such manner and be of such character and style as Landlord shall approve in writing. No sign, lettering, picture, notice
or advertisement shall be placed on any outside window or in a position to be visible from outside the Building. 
  
 3. Tenant shall not use the name of the Building for any purpose other than Tenant’s business address, or use the name of the Building for
Tenant’s business address after Tenant vacates the Premises. 
  
 4. Sidewalks, entrances, passages, courts, corridors, halls, elevators and stairways in and about the Premises shall not be obstructed nor shall objects be placed against glass partitions, doors or windows which would be unsightly from the
corridors of the Building or from the exterior of the Building. 
  
 5. No animals, pets, bicycles or other vehicles shall be brought or permitted to be in the Building or the Premises. 
  
 6. Room to room canvasses to solicit business from other tenants of the Building are not permitted. 
  
 7. Tenant shall not waste electricity, water or air conditioning and shall
cooperate fully with Landlord to assure the most effective and efficient operation of the heating and air conditioning systems of the Building. All controls shall be adjusted only by authorized building personnel. 
  
 8. All corridor doors shall remain closed at all times. 
  
 9. No locks or similar devices shall be attached to any door except by
Landlord and Landlord shall have the right to retain a key to all such locks. 
  
 10. Tenant assumes full responsibility for protecting the Premises from theft, robbery and pilferage. Except during Tenant’s normal business hours, Tenant shall keep all doors to the Premises locked and other
means of entry to the Premises closed and secured. 
  

 11. Only machinery or mechanical devices of a nature directly related to Tenant’s ordinary use of
the Premises shall be installed, placed or used in the Premises and the installation and use of all such machinery and mechanical devices is subject to the other rules contained in this Exhibit C and in the Lease. 
  
 12. All cleaning, repairing, janitorial, decorating, painting or other
services and work in and about the Premises shall be done only by authorized Building personnel. 
  
 13. Safes, furniture, equipment, machines and other large or bulky articles shall be brought to the Building and into and out of the Premises at such
times and in such manner as the Landlord shall direct (including the designation of elevator) and at Tenant’s sole risk and cost. Prior to Tenant’s removal of such articles from the Building, Tenant shall obtain written authorization of
the office of the Building and shall present such authorization to a designated employee of Landlord. 
  
 14. Tenant shall not in any manner deface or damage the Building. 
  

15. Inflammables such as gasoline, kerosene, naphtha and benzene, or explosives or any other articles of an intrinsically dangerous nature are not
permitted in the Building or Premises. 
  
 16. Tenant shall
ascertain from Landlord the maximum amount of electrical current which can safely be used in the Premises, taking into account the capacity of the electric wiring of the Building and the Premises and the needs of other tenants, and shall not use
more than such safe capacity. Landlord’s consent to the installation of electrical equipment shall not relieve Tenant from the obligation not to use more electricity than such safe capacity. 
  
 17. To the extent permitted by law, Tenant shall not permit picketing or
other union activity involving its employees in the Building, except in those locations and subject to time and other limitations as to which Landlord may give prior written consent. 
  
 18. Tenant shall not enter into or upon the roof or basement of the Building or any storage, heating, ventilation,
air-conditioning, mechanical or elevator machinery housing areas. 
  
 19. Landlord reserves the right to restrict and control access to all electrical and telecommunications closets in the Building and to designate the entity or entities providing installation, repair and maintenance of cable and wiring in
the Building’s risers and telecommunications closets. 
  
 20.
Tenant shall not distribute literature, flyers, handouts or pamphlets of any type in any of the common areas of the Building. 
  
 21. Except for use of a microwave oven, coffee maker and a vending machine as reasonably required to accommodate Tenant’s employees, and subject to
applicable legal 

  

 C-2 

 
requirements, Tenant shall not cook, otherwise prepare or sell any food or beverages in or from the Premises. 
  
 22. Tenant shall not permit the use of any apparatus for sound production or
transmission in such manner that the sound so transmitted or produced shall be audible or vibrations therefrom shall be detectable beyond the Premises. 
  
 23. Tenant shall keep all electrical and mechanical apparatus free of vibration, noise and air waves which may be transmitted beyond the Premises.

  
 24. Tenant shall not permit objectionable odors or vapors to
emanate from the Premises. 
  
 25. Tenant shall not place a load
upon any floor of the Premises exceeding the floor load capacity for which such floor was designed or allowed by law to carry. 
  
 26. No floor covering shall be affixed to any floor in the Premises by means of glue or other adhesive, unless the installation procedure is approved by
Landlord. 
  
 27. Tenant shall not remove the solar window film
from any window in the Premises. 
  
 28. Tenant shall comply with
Landlord’s Building smoking policy, as the same may be amended from time to time. 
  
 29. Tenant shall participate in all recycling programs established for the Building by Landlord and shall comply, at Tenant’s expense, with each present and future federal, state and local law, ordinance and
regulation regarding recycling. 
  

 C-3

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00082-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00082-of-00352.parquet"}]]